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MONDAY
*5£v^
19*3
DEC 1 3
\al and
ommetcial an
Reg.
Volume
New
Number 4237
158
U.
S.
Pat.
Office
York, N. Y., Monday, December 13, 1943
Price
Cents
60
Copy
a
General Corporation and Investment News
RAILROAD
Adams Express Co.—To Pay Larger
The
directors
the
,on
Dec.
on
stock,
declared
7
of
cents
35
tiation
share
per
payable
29
Dec.
A
cash
dividend
accruals
June
from
30.
payable
Dec.
made
was
on
initial
an
of
Aetna
,
of $1.50
the
net
on
share
per
earnings
of
been declared on
has
the
for
the
$3,
Feb.
on
Life
15,
1941.—V.
157,
5.
p.
y
••
' ; i
directors
additional
to
the
compensation
The
additional
Life
in the
7,100
country, it has been
Affiliated
amount
employees
compensation
will
'employees of the Aetna Life
military service since Oct. 1.
The
of
be
5%
paid
compensation
1
in
is
and
men
given
to
their
of
have
months'
Dec.
on
The
than
for
two
to
1943,
of
5%
Companies -who
20
of
30
cents
of
$1
of the
cents
Aetna
Aetna
and
policy
of
this
who
have
granting
scale
directors
the
on
Dec.
Life
Insurance
the
regular
&
voted
Co.,
of
40
'
were
disbursed
each
made
March
A
Boston
dividend
of.
a
25
'
20
and
June
25,
Dec.
andean
24
25,
1943,
Dec.
on
1941.—V.
158,
St,
interest
in
the
banking firm, has been
Organized in
1936,
this
and on
American
Vias
in
the company
Export
Brazil,
Airline, TACA, British West Indian
KLM-Royal Dutch Airlines.
Offices
and
York, Miami and New Orleans.
Air Express International, Inc., an affiliated
acts
general
as
agent
in
Miami
for
operating between Miami and the Dutch
KLM-Royal
The
corporation
in
$5,850,000.
excessive
report
a
proceedings
settlement
profits
giving
taxes
for
the
a
effect
to
the
on
have
refund
the
credit
amount
of
to
for
the
been
the
Federal
income
refund
gross
rene¬
completed.
Government
the
of
and
agree¬
post-war
excess
profits
revised
due
the
by
company
to
the
profit
of
$4,129,126
results
income
and
for
the year
ended Dec. 31,
1942, giving
renegotiation of war business, shows a net
after charges, provisions totaling $11,484,460 for
excess
profits taxes, after deducting $1,141,606
of
refund credit, and a reserve of $100,000 for war contin¬
gencies and post-war hazards. The revised net of $4,129,126 is equal,
preferred
dividend requirements,
to $3.12
per
share on the
1,257,809 common shares, exclusive of treasury shares. The net profit
post-war
after
as
shown in
484
the
previously issued report for the year 1942
$3.71 per common share.—V. 158, p. 2245.
or
Allied Mills, Inc.—Sale of
The
Co.,
V.
stockholders
subsidiary,
a
158,
p.
was
$4,861,-
directors.to
cause
>
of
ill
Dec.
8
to
the
National
stitute
for -the
succeed
American
Can
approved
sale
the
Distillers
of
Century Distilling
Products
Corp..
See
Chicago,
Charles
W.
has
Cox,
been
New
elected
York,
to
who
the
board
resigned
be¬
158, p. 1933.
certain
Co.—Reports
On
Renegotiation—No
report
by this company to the War Department prepared during
contract
renegotiations was distributed on Dec. 7, marking a new
departure in giving stockholders and customers greater knowledge of
a
corporation's work in wartime.
Reproduced
form
except
national
mately
with
for
security,
Army
and
Navy
approval
"blacking-out" of certain
copies of the 48-page report
34,0001 shareholders
and
also
the
-
April
on
26,
fiscal
7%-
non-
holders
to
July
1
of
and
*
market.
open
drink
Distilling Co. intends to expand
place a cola drink on the market.
and
»
Condition
the
election
as
director,
a
Nov.
011
of
27,
158, p. 2150.
Banksi
Statement
of
"We
its
Sales
2405
_L
metal
new
in
how
to
and
canners
Home
Dyes
of
in
packers
With
Diamond
Boyle
of
S.
———2405
,
2379
...—.2379
-
glass when metal restrictions forced
to use substitute containers for the
blankets, bomb fuses, cratering explosive cans and land mines. Fibre
containers specially developed for war uses include those for
T.N.T.,
incendiary grenades and sturdy paper "suits of armor" for large and
being
now
mass-produced
Corp.—Subsidiary
Buys
in
the
past
sizes.
Mr.
tints
items
Schraffenberger,
distributed
are
such
1944
and
is
.
the
does
first
*
•
company's
present
post-war
markets
will
introduce to
by Diamond Dyes."
firm
the
"because
through the
Three-ln-
Black Flag,
as
not include Diamond
Dyes Can¬
acquisition
Inc.,
it is said, is arranging to obtain approximately $7,500,-
will be used
year
Some
to
more
or
making
of
American
finance
the
these
a
post-war expansion program.
has
company
ethical
drugs,
operations
acquired
biologicals,
be
may
number
a
vitamins
expanded
and
Over
of
and
others
better-equipped plants, it fs stated.—V. 158,
new
blood
p.
may
,
Viscose
Corp.
Distributes
2150.
Informative
LeafletsCorporation
have
been
is
distributing
prepared to give
and how
rayon
to
of
series
a
consumers
care
for
informative
and
retailers
garments
rayon
leaflets,
basic
to
which
information
obtain
maximum
wear and
serviceabil ty.
Largely in response to requests, more than
2,500,000 of the leaflets hav.e been distributed to date.—V. 158, p, 2246.
Antiila Sugar Estates—Interest Authorized—
The
directors
on
Dec.
1
that
determined
the
consolidated
net
earn¬
ings for the fiscal year ended Sept. 30,
1943, .available for and applic¬
payment of interest were $352,125, which permits payment
of
interest on Jan. 1, 1944, at the rate of 5%
on
the 6%
income
debentures, and payment of interest on Jan. 15, 1944, at the rate of
\.Vz% on the securities participation certificates class A, and at the
able
to
the
rate of 3r/o
found
on
that
the securities participation certificates class B. The board
there
to
be applied
p.
than
more
said
and
our
to
thousands of man-hours and insure better
protection and transportation.
/ . '
...
Among numerous products for which special containers were devel¬
oped
were
Army
rations,
blood
plasma,
human
albumin,
canned
shells
in
This
Co.,
The company,
many
artillery
18.
and
Arranging Loan—
■
000 which
Although most of the containers used by the Army prior to the war
of the handmade type, American Can
applied its modern manu¬
methods
in
making
special purpose
containers for .the
calibre
last,
made in 1943 by the
according to Mr. Schraffenberger, who also is
President of Midway Chemical Co., Inc., another
subsidiary of American
Home Products Corp.-
were
save
buy
products developed
new
subsidiary.
facturing
to
Dec,
,15,
usual quarterly dividend of $1.50
payable Dec. 30 to holders of record
Dyes,"
colors
as
aggressively
A.
research
forces
share
per
record
the
and
Purchase of the American
department at the disposal of government bureaus
and the armed forces, American Can
participated in numerous cooper¬
ative projects for the conservation of critical materials.
armed
cents
of
July
1942.
Oil, and the Old English Waxe3.,
plan
to merchandise
and
advertise
about
its
35
on
the
Products
different
53
adian
itself
pack
30,
of
holders
paid
1575.
types of outlets
several
of Federal
by converting metal can machinery
fibre packages.
can
declared
also
158, p.
to
"We
2398
Banks
Dec.
the preferred stock,
on
acquired
line
same
2396
Member
System.—.
and
22
share
per
Rutland, Vt., plant where they have been
made since
1870 have been acquired
by this corporation through its
wholly-owned subsidiary, the A. S. Boyle Co., Inc., according to S.
Schraffenberger, President of the latter company.
——————2404
Reserve
25
dividend
a
Dec.
cents
June
on
declared
8
payable
15
Diamond Dyes—
—_—2405
Statement
stock,
directors
22.—V.
Dec.
on
American
2395
duration.
-reviewing special war products which lay outside the company's
experience, the report listed 48 products which it has made
is making, either as prime or
sub-contractor, in its various factories
or
and
machine
to
in
substantially original
figures for
production
were
mailed
to
customers," together
approxi¬
with
a
shops.
These included torpedoes,
generators and airplane parts.
ammunition belt
links,
screen
large
jobs
like
the
production
of
torpedoes
and
ammunition
containers, the company acquired,special plants which were operated
by wartime subsidiaries.
One of these, the Ammunition Container
Corp., delivered an order
of 33,500,000 fibre ammunition containers
V/2 months before it was
the
due,
Refunds Required On 1942 War Contracts and Orders—
A
2395
Another
service
to
which
the
company
called
attention in
the
report was making available to its regular can customers research and
instruction
flexible
health.—V.
'
24
would be a sinking
fund of approximately $58,800
to retirement of class A certificates during 1944.—V. 157,
436.
In
on
Cunningham,
paid
the
the
on
Dec.
container
2245.
Dalton
The
plasma.
small
were
American
soit
with
each
subsidiaries
20
Distillery Co.—
Allis-Chalmers Mfg. Co.—New Director—
James
cents
Dec.
2393
Transactions N. Y. Curb Exchange.—2379
For
of
the
Co.—Acquires Soft Drink Firm-
announced
common
per share
Exchange————.____——2393
Exchange.—
Transactions N. Y. Stock Exchange
;
statement
effect
Federal
refund
'
$468,393.
The
tax
share,
per
payable
Vice-President and Treasurer,—V.
compares
One
production of
that
announces
1942
year
gross
$1.75
$100,
2U0.
p.
tuat
this
be combined in new
require payment to the Government of $1,166,066 in five sub¬
stantially equal monthly instalments beginning Nov. 15,
1943, and
the
25
Airlines,
ments
reduce
_2392
West Indies,
stockholders
to
covering
provides
After
Exchange
organized this
Dutch
of
directors
the
This
Stock and Bond Averages.
company
to
operations,"
American European Securities Co.—35-Cent Com. Div.
The
: on
products
Federal
Aero-
of
par
amounts
158,
understood
Henry C. Cole,
Exchange.—^-2393
Curb
Stock
Condition
.
gotiation
Stock
Reserve
maintained
Alleghany-Ludlum Steel Corp.—Renegotiation—
The
Stock Exchange-—.—--,
Stock
Combined
Airways,
Airways,
are
the
obtained
none
declared, out of the earnings of
stock,
Like
Company has
_-_2391
Foreign Exchange Rates.—
of
New
year,
Exchange
2
dividend
a
have been made in
is
Dividends Declared and Payable
The Course of Bank Clearings
that Lehman Brothers have
American
to
reported that this company, through the Ben-Burke Co., a sub¬
stork control of the Moxie Co., one of America's
soft drink manufacturers.
Purchase of the Moxie stock was
Redemption Calls & Sinking Fund Notices_2398
has arrangements are Pan
technical
1525.
New Director—
--.—^-——-2391
State and City Bond Offerings and
corporation is
the
largest
independent
engaged in servicing international air shipments In con¬
junction with airlines flying international routes.
Among the airlines
which
.-2390
~
Dec.
last.—V.
to
It
General Corporation and Investment News 2357
organization
with
p,
on
13.
distribution
Miscellaneous Features
of
cents
company, and that Paul E. Manheim,
elected to the board of directors.
its
of
contribution
been
sought and
company's
wartime
parent
158,
preferred
Diamond
per
the
have
the
current,
Dec.
1,
said
cents
1942,
24,
directors
oldest
2390
—
Agency, Inc.—Bankers Ac¬
Mayer, President, announces
an
Exchange
Toronto Stock Exchange—Curb Section
Over-the-Counter Markets
'
quire Stock Interest—
Chester M.
Louis
Toronto
1821.
p.
of
any
now
'
2392
Montreal
12 V2
Can's
shop capacity was engaged in direct war production,
Among items made for the machine tool industry were
engine lathes, thread grinders, screw machines,
American Distilling
.2390
Philadelphia Stock Exchange-————--2392
Pittsburgh Stock Exchange——————2392
Montreal
35-
inventiveness
sidiary, has ecouired
__2385
Exchange^
Los Angeles
the
of
and
American
2391
and
holders
to
extra
against distributions of
as
Sept.
25
and
payable
cents
Air Express International
purchased
Exchange—.—
Detroit Stock Exchange-
of
'
Curb
Stock
Cleveland Stock
dividend
-4-
;
2369
Cincinnati Stock Exchange
and
■
Quotations
Exchange
Stock
share
$1;
cents
'
year
Chicago Stock Exchange
divi¬
regular dividend of 20 cents
a
$1,
par
of
Sept. 25, last,
on
June
declared
7
stock,
regular
March
on
25,
Dec.
on
•
Issue
Stock
Baltimore
they
extra
extra
an
dividend
dividend
York
the
allowances
an
quarterly
Surety
quarterly
extra
an
Co.
York
New
for
on
showed
turrent-and
finance
Inc.—Regular Dividend of 20 Cents—
common
17.
for
it is
those
left
ingenuity
planers and boring mills.
"No
government funds
Page
up to three
the companies
with
This
Stock and Bond
ranges
been
.,
•
machine
stated.
was
parts
Oct.
'
The
it
record
,
record
the
cumulative
regular quarterly dividend of 25 cents a share. All these dividends
are
payable Jan. 3, 1944, to stockholders of record Dec. 4.—V. 158,
p. 2037.
<
'
-' ' >
share
notified
done on conservation and substitution of critical
principal fields of approach included substitute plates,
and compounds.
Besides, the company found a sub-
Four
solders
In
the
Air Associates,
Just
those
to
have
the
also
American Car & Foundry Co.—Preferred Dividend—
provision of giving addi¬
for military service since
left
and
and
regular
Co.
has
.
service.
Two weeks' pay is
forces who have been with- the
Casualty
the
Insurance
pointing out
the report
report stated.—V*.
military
armed
women
share
a
share;
a
share
a
Automobile
"The
have
months,
and
coatings,
years."
Directors
dend
six
men
for
the
■
In
renego¬
of the work
resume
materials.
earnings
year's
22,
compensation
companies'
leaving
entering
less
pay
than
more
added:
the
of
voted
compensation will be based
those, who
to
women
those
companies
further
to
addition
Department
New
Affiliated
This
Companies
them
announcement
tional
Oct.
•
to
outcome
Adjustment Section
company
that, after
y
during that part of the year'in''Which
in the active, full-time employ of the companies,
were
to
paid
War
of
the organization
throughout
by President Morgan B. Brainard.
announced
employed prior to Dec. 1, 1943.
Also, the directors voted additional
salaries
the
Price
pany's
'the
Co., Hartford, Conn.—Bonus to
Aetna
approximately
the
•
of
the
The
Insurance
Employees—Extra Dividends Also Declared—
The
t
account of
...
that
war contracts and orders for 1942, no unreasonable
were
realized by the company and that no refunds will be
required under renegotiation.
A significant
section of the'renegotiation report is the condensed
year
.
disclosed
profits
ended
outstanding class A preferred stock, par $50,
15 to holders of record Dec. 10.
A similar distribution
this issue on Dec. 26, last. 1 The previous
payment was
company
telling
staffs,
letter
breaking of the machine tool bottleneck at the time American industry
was confronted with the difficulties of
"tooling up"' for conversion to
war
production.
By the end of 1942 more than 90'/
of the com¬
of
the
1942,
Sullivan's
MISCELLANEOUS
-
reviewing all of its
to
Aeolian Co.—To Pay $1.50 Preferred Dividend—
;
President,
INSURANCE
-
proceedings.
Mr.
holders of record Dec. 17.
This compares with 15 cents paid on June 29, last, 30 cents on Dec. 22,
1942, and 15 cents on June 26. 1942.—V. 158, p. 1725.
common
INDUSTRIAL
-
letter from M. J. Sullivan,
Dividend—
dividend
a
PUBLIC UTIUTY
-
report
said.
Although
at
of
made
schedules
as
Another
tion
possible
first
June,
field.
as
of
Corp.
the
The
to
of
produce
3V%
six million
cited
Forest
in
the
for
of
United
States
this
prior
have
sizes
a
been
and
instead
month, delivery
attained.
report
111.,
18 months. It
production had reached
the
different
containers
month
a
Park,
contract
21
million
"torpedo in
1943,
duction
high
peak
achievement
record
Amertorp
the
it
contemplated
a
(& Subs.)—Earnings—
July 1 to
Net
of
income
Other
July 1 to
Oct. 19/40
$1,489,634
$*,182,344
940,810
1,175,093
908,372
$362,308
$314,541
$273,972
17,393
profits
July 1 to
Oct. 18/41
$1,303,118
1,260,734
—
sales——
Gross
Oct. 29,'42
$301,590
sales
Cost
July 1 to
Oct. 23/43.
'
7,464
5,677
382
$318,983
$369,772
$320,218
$274,354
$1,562,324
the
beginning of operation the
company had contracted to manufacture eight different sizes of con¬
tainers, the flexibility of the equipment designed and installed by its
engineers
A. P. W. Paper Co., Inc.
Period—
was
the torpedo produc¬
plant of -another subsidiary,
plant called for production of
was
a
to
delivered
point
the
equal
in
10
to
the
company's
months.
entire
entry
into
Total earnings „;
Prov. for depreciation—
Gen. adm.
Int.
on
Int.
& sell.
notes,
funded debt
Prov." for
accept., etc—
Fed.
Contingency
inc.
tax_
47,288
48,476
48,060
48,400
189,108
186,884
186,599
196,446
56,735
exps._
58,722
56,580
45,072
682
941
"3~5~,50a
1,000
316
14,000
provision-
38,000
By
pro¬
Net
this
Earn,
:
$0.07
$2,189
$11,535
shr. com. stk.
profit
per
*Loss—V.
158,
p.
1726.
-
$27,298
*$16,507
$0.01
$0.17
Nil
,
Co.—Offering Withdrawn-*-
American Tobacco
from
Rental
1942
1943
$7,894
$8,235
213
255
169
33
$8,872
$8,490
$8,063
$8,329
568
381
501
966
1,824
—;
—
1,787
2,070
1,712
1,716
Depreciation
2,069
—
1,682
22,938
surplus-—-—
Dividends declared:
$27,349
$17,934
$4,411
profit
June
surp,
Total
Class
Divs.
'
i'--(Y
stock——
—.—A'
.
$361,380
159,170
2,332,535
1,481,242
1939—
1,200,966
448
'•
2
Sept,
Earn. surp.
Note—The
P.
A.
30J
—
--L
885,498
1937
$581
$1,315
$10,028
$19,116
-
850,369
ended
Aug. 31,1943.
the
Inc.—V, 158,
Properties,
W.
P,
A.
1342.
p.
'
The
;...
V
(After giving effect to present
file an
or after
proposes to
company
Exchange
Commission on
several of Its assets.
The
11 .for
Dec.
cumulative preferred stock ($100 par)-Common stock (no par)
——————
for
used
:
or
Gas & Electric
trustees 'Of Associated
The
Group
:
Operating
on
:
v
.
Fixed
Int.
156.
2
.
1
•
Atlanta & West Point RR.- -Corrected Earnings—
from
Gross
income—-
charges
1941
$420,279
137,294
176,067
$249,360
92,149
income—
1—
31,393
120,913
40,971
railway—
4,352,584
1,901,699
402,211
3,190,282
1,298,788
2,039,699
592,406
for
erated
561,940
199,130
.
Net
ry.
railway-:—
from
Net
oper. income-—
158,
p.
2447.
•
the
special
the
'i:-'
158,
p.
in
to vote on pro¬
•
Dated
whole
in
or
ing July
1,
months
1,
1943;
Of
1945,
the
July
to 5%,
50.000
•
and
as
payable as
in
on
.
pertains will' be 'paid.—V.158,
coupon
volume
1342.
p.
the
and
on
' v
Sept.
,,,
30,
1943
Y
$1,019,758;
hand,
main-;
Federal and state
$129,260;
payable (trade), $218,931; pay rolls, $142,611;
Federal taxes on income, $89,398; provision for
(less .U. S, tax notes, series C, $500)000),
accounts payable
of customers'
$307,558;
reserve
Co.—Refund to Government-
to approximately $14,750,000
amounting
refunds
the'Government
to
have been
by
renegotiation
of
refunds .had
sales.—V.
158,
2041,
p.
*
tion Ended—
into
States.—V.
157,
Coal
Court refused Dec. 6 to-recondismissing an informer's suit
A
Burry Biscuit Corp.—Further
of
agreement
p.
&
2210.
Coke
Co.,
Pittsburgh
Consoldation Coal Co.—
—
Acquires
:
company,
and
is
V';
petition for final settlement of the liquidat'on of this company,
by Insurance Commissioner Duel in Dane County Circuit Court,
has been approved by Judge Alvin Reis.
The Insurance
Department took over the company on Aug. 10, 1933, after it had
suspended operations.
During the following ten years $593,592 was
collected, including $400,613 in assessments and premiums.
Disburse¬
ments totaled $590,696, of which $426,573 were paid to meet claims
in full.
An over-assessment of $44,075 was returned to policyholders.
:
was
Zeiss
an
.
Wisconsin,
,
Carl
and
Madison, Wis.—Liquida¬
/•; v:'
'
Builders Mutual Casualty Co.,
;
filed
41,800 shares of common stock of Consolidation
an official of Consolidation Coal Co.—V. 82, p.
Plan to Eliminate Accrued
Coal Co.
571.
Co.—Output Up 1.4%—
Expansion—To Vote on
Dividends—
V
:
operations in the baking field, this corpo¬
ration has purchased for cash the business and assets of Holtzman's,
..Inc., of Myerstown, Pa., one of the country's largest pretzel baking
.companies, George W. Burry,; President, announced on Dec. 1.
The purchase
is the third by Burry in recent months, previous
ones
being L. M. Peterson Co., Inc., of Brooklyn, N. Y., makers of
Swedish-type wafers and canape cubes and simple Simon Foods, of
Further
expanding
its
Detroit, Mich.; processors of pie crust, biscuit, bran
and corn muffin
■
■,y
mixes.
Burry
Oct.
31
Corporation
in
excess
Y
also reported earnings for the fiscal year
of $200,000, compared with $173,232 in the
preceding fiscal year.
Sales during the year, estimated at $5,000,000,
were the largest in the company's history.;'
The stockholders will meet this month to "consider a recapitalization
providing for elimination of dividend arrears of $13.50 a share
company's $50 par value 6%
cumulative preferred stock.
the plan, five, share? of a new $12.50 par value 6% convertible
prior preferred would be offered in exchange for each share of the
old preferred stock.—V. 158, p. 2153.
plan
ion
the
Under
company
Output in cubic feet compares as follows (000
1942
1943
6.6
1,551,222
1,422,110
1,357,694
April'——
13.7
__
1,215,393
—
—
1,120,554
8.5
1,051,838
—
Wholesale
1943—Month—1942
10,979,175
10,591,358
1,496,641
sales__.
1,236,797
1943—11 Mos.—1942
99,166,843 101,520,112
13,307,361
10,983,088
12.5
1,195,351
-
Butler Brothers—November SalesPeriod Ended Nov. 30—
1.4
1,526,970
'
May
% Increase
1,653,787
i—.
March
June
omitted)
1,441,749
January
February
1,011,022
Retail sales—
Consolidated 'sales—.
-V.
-
12,475,816
11,828,155 112,474,204 112,503,200
158, p. 1934.
4,0
'
2.8
999,749
972,397
986,050
July
4.6
1,108,765
1,056,871
4.9
1,186,253
4.6
1,326,034
1.4
August
September
—
October
1,240,585
1,344,681
December
company's sales has shown a
the past five years, ranging
1938 of approximately $885,000 to net sales
Sheet,
$3.82
depreciation,
Budd Wheel Co.—Refund to Government—
Edward G. Budd Mfg. Co. above.—V. 158, p. 2153.
.
•
1,605,329
—
Canadian Bronze Co., Ltd.—Extra
The
directors
have
declared
Common Dividend
the regular quarterly dividend of $1.25
per share on the outstanding 7,500 shares of preferred stock,
and the usual quarterly dividend of 37Vi cents per share and
dividend
of 50 cents
per
par $100.
an extras
share on the outstanding 80,000 shares of no
record Jan. 10.
and uninterupted increase during
during the first eight months of 1943 of over $2,760,000.
-
.
include
See
-
,
reports output for November, 1943, of 1,344,681,000
feet, as compared with 1,326,034,000 cubit feet for November,
1942, an increase of 1.4%.
•
export phase of the company's busi¬
10% of its total volume and it
of
banks
expenses
refund
result
of
Optical Co.—Supreme Court Refuses
Dismissal—
November*
the
and
substantially
the 1942 earnings originally reported.
In the case of Edward G. Budd
Mfg.
Co.
total net profit after renegotiation was reported to be
$2,722,029, or 2.5%
of sales, as compared with net profit before
renegotiation previously reported at $5,222,029, or 4.5% of sales.
Budd
Wheel
Co.
advised its stockholders that net profits after
renegotiation were $1,142,269, or 2.7% of sales, compared with net
profits before renegotiation previously reported of $2,752,269, or 5.7%'
income
interest
which
$75,000,
The litigation
Love
The
management
upwards from net sales in
$4.31
captured by the Government in excess profits taxes if the
not been agreed upon.
These refunds, the stockholders were advised, reduced
"$77,459
cubic
continued.
1942,
'
;
interest on Jan. 1, 1944 on
debentures due July 1, 1947, the
the debentures on July 1, 1944
terms of each debenture is equivalent
declared
have
Boston Consolidated Gas
1931, for the pur¬
accounted for approximately
for
$640,329
Business
that after the war the volume of its
exports will materially increase. While European shipments have been
almost completely eliminated by the war, the South American trade has
Except
600,000 "
Y ■'
$218,852
Sugar Estates—Interest Authorized—
entered
ferred
Mr.
systems or for replacement purposes,
the
$4.85
this company and Budd Wheel Co. as
of war production contracts, Edward G.
Budd, President of both companies announced on Dec. 1 in letters to
stockholders.
:
'
■
1
*■*
■
r..
v
■*,
Edward G. Budd Mfg. Co. returned $9,000,000 to the Government
and
Budd
Wheel
Co.
turned
back $5,750,000, the letter disclosed.
Actual refunds after tax credits amounted
to less than-, $4,110,000,
Mr.
Budd said, but the balance would have be^n automatically re¬
made
.the
ended
products of the company are sold
installation on complete units such
time operations,
435,000
$5.56
(Edward G.) Budd Mfg.
'■ '•
regular
the
<
,
payments on each July 1, in cash, in an amount
of the net income of the company during the preceeding
$100,000.
belief of
$553,465
290,000
111,890
income
on
other
contract
The
largely to manufac¬
turers for
as
refrigeration, air'
conditioning or heat control devices.
In addition the products are
sold through approximately 800 jobbers located throughout the country.
In turn the jobbers sell largely to contractors and dealers for installa¬
steady
"$77,459
;
-V
trols in the United States.
peace
$624,449
290,000
in
taxes
for
of which George H. Love, of Oakmont,. Pa., is a
beneficial owner, acquired 600 shares of preferred stock and 21,800
shares of-Consolidated Coal Co. common stock in September, a report
of the SEC disclosed on Nov. 19,
Union Collieries Co., of which Mr.
Love also is a beneficial owner, is the holder of 4,800 shares of pre¬
the development and manufacture of various types
refrigeration and heating controls which had been
conceived by its founder, Roy W. Johnson.
Company has continued in
that field and today is one of the largest manufacturers of such con¬
has
$653,808
290,000
.
$$22,417
and accrued expenses, $22,181; pro¬
container deposits upon return of
for contingencies, $50,000; capital stock
{par
$15),
$2,250,000;
earned surplus, $1,636,234;
treasury stock
(5,000 shares), Dr$75,000; total, $4,863,591.—V. 157, p. 1031.
more
York,
This
pose of engaging in
of air conditioning,
new
$806,866
..
than
other
vision
■
calendar year in excess of
the
such
Stock of
interest.
with
$553,465
stamps,
$221,676;
'
—
tax
.containers,
13,016
$1,240,329 ■'
$218,852
$132,742
participating
Bessemer
redemption premium decreasing V2 of X(k each
1945, until'July 1, 1951, and at lOOVi there¬
and
$624,449
$966,624'
U. S. Government bonds, $148,000; mar¬
ketable securities, $6,688; notes -and accounts receivable (less allow¬
ance
for return of containers, $138,643, and for doubtful notes and
accounts, $15,000), $219,747;. inventories, $293,737; property, plant and
equipment (net) $2,934,977; post war refund of excess profits taxes,
$25,800; mortgages receivable, $23,438; deposits and prepaid expenses,
$62,187; total, $4,863,591.
•
.
'
aggregate
United
1,
Company
$806,866
$703,808
50,000
1,481,458
$1,259,845
.:,Y
against the Bausch & Lomb Optical Co.,
Jena/ Germany.
They were alleged to
to divide the world market, for the
sale of military optical instruments.
V
Suit was brought under an 1863 "informers" statute which provides
that
persons
who recover Rom any one making, fraudulent claims
against the United States may collect double damages \ and penalties
and retain half cf the amount obtained.
The other half goes to: the
priced at 102 and interest
Company was incorporated in Wisconsin in April,
$738,132
Cr82,317
196,000
Cr42,938
345,000
paid
Assets—Cash
\
'
by duly executed ownership certificates, an amount equivalent
each case to 3%% of the principal amount of,the debentures to
have
Beginning on or prior to July 1, 1946, the company will be required
The
of
sum
torneys.
to make sinking fund
equal to 20%
1943—10 Mos.—1942
1,293,702
158, p. 2152.
$75,000
the
New
after, in each case plus ^accrued interest. Also, redeemable at any time
on
like notice by application of sinking fund money at 102%
and
accrued
'
769,563
.
partial any time on 30 days' notice at 104 to and includ¬
after
Cr82,184
692,200
inc.
..
than $40,000,000 damages from two companies. accused
of conspiring to sell United States optical instruments: at non-com-1
petitive prices.
*
:.
A
rehearing was sought by the Justice Department and by the
informers—Murray Brensilver and Emanuel Thebner, New York at¬
serially
due
$1,377,285
Crl21,781
tax.
2,543,294
Liabilities—Accounts
5,870
By a 4 to 4 vote the U. S. Supreme
its 4 to 4 action of Nov, 8 in
each July 1, from 1944 to 1953.
Principal and semi-annual (J&J) interest payable at office of Mar¬
shall & Ilsley Bank, Milwaukee, Wis., trustee.
Coupon bonds of $1,000
denomination
registerable as
to principal
only.
Redeemable as a
July
of
seeking
which are dated July 1, 1943 and ma¬
ture July 1, 1944, are priced at
101^ and interest and bear
4.50%
interest.
The
remainder
mature
in
varying
and bear interest from 4.50%
etc.-
operation
Fed.
—
Federal
3,870
-
sider
the bonds, $10,000
are
748,422
for
taxes,
75,700
,
Bausch & Lomb
Milwaukee, Wis.—Bonds Of¬
fered—Loewi & Co. of Milwaukee on Nov. 30 offered
to 1953,
' " 741,655
$5,395,592
gen.
Balance
war
to Rescind Suit
Automatic Products Co.,
amounts each year
1,668,535
and
etc.
Note—Charges, to costs
tenance and repairs.
$1,272,862
-56,619
$82,742
directors
which
1631.
$350,000 serial first mortgage bonds of the company.
1,919,904
; Y
panied
The changes
to $50 from
$49.50;
increasing the authorized common shares
to 300,000 from
231,620; making preferred cumulative; and fixing the membership of
at nine.—V.
$1,370,840
Earn, per share on cap.
stock outstanding-
represent
posed changes in the corporate structure of the company.
would include: Increasing the par value of the preferred
board
$1,479,787
*.'■ Bal. of net income
;
to 71/ai% of the principal amount thereof and will
all current interest at the rate of 6% per annum to said
respective dates, plus \Vz% "additional interest" for the year.
Upon surrender to the Commercial National Bank &■ Trust Co. of
New
York, 46 Wall St., N. Y. City, of coupon No. 23, on or after
Jan. 1, 1944, and of coupon No. 24, on or after, July 1,; 1944^ accom¬
in
Capitalization—
stockholders will hold a special meeting Dec, 13
The
$2,635,159
profit
_l^—— 'j
contingencies-,
Net
Prov.
excise
,
$2,048,601
38,708
accel¬
deprec.)
15-year
sum
...
Atlantic Rayon Corp.—To Change
In
said
$224,723
——
(incl.
Baragua
The
$178,229
43,889
17,566
From January
from
$3,297,189
sales
discount,
Dividends
$212,313
—
Balance
5,363
•
$2,852,298
;J
from
for
Prov.
■
40,795
,
1,575,083
245,197
railway
$3,199,713
1,719,926
adv.
Profit
984
income——
Net
•.Reserves
'
1942
$393,934
oper.
ry.
,
Y
5,068
series 'A cebs.__
on
Prov.
1940 '
1943
railway——
from
Gross
is
■
$223,738 v" $2,007,805
$207,244
income-
"Deficit.—V.
October—
$5,278,834
2,643,676
on
profit
Interest,
.
20, 1943, paid a liquidating dividend of $10
per share on the common stock, par $10,
to stockholders of record.
Nov.
15, 1943.
On Jan. 30, last, a regular, dividend of 15-cents per
share and an extra of 10 cents per share were disbursed to holders
of record J an, 18, 1943.
No payment was made in July of this year.—
The corporation on Nov.
158, p.
$6,650,253
3,353,065
—
expenses,
$1,978,365 $20,909,574 $16,830,102
1,388,121
15,109,153
12,556,131
366,505
3,792,615
3,014,125
345,812
;
income
Non-operating
Francisco—Pays
,
"
$6,548,848
3,347,135
taxes
sales
of
Selling,
Outstdg.
the
between
1943—Month—1942:
—
Operating
(kwhl. This is an increase of 11,763,282
9% above production of 131,432,100 units* a year ago.—V. 158,
$10 Liquidating Dividend—
ness
.
to
and
$2,110,706
1,557,649
expenses
Taxes
week
Associated Gas & Electrjc
Corp. report for the
1943, net electric output of the
Associated Insurance Fund, Inc., San
tion
Net sales
Cost
Y\
V,.-'.'
revenues_t__
Operating
Gross
12
v..
Y
■.
$350,000
$350,000
220,000
220,000
5,000 shs.'.-. 2,500 shs.
(Including Baltimore Coach Co.)
P..2246.
the
i,
,
■> ,•
etc.
& state
1940
1941
" 1942
1943
$12,831,815 $10,002,051
*> 6,181,562
4,723,217
allow-
less
sales,
ances,
Fed.
'
158, p. 2151.
?
.
143,195,382 units
was
units or
—V.
•
Agreement
Period End. Oct. 31—
Net
one
18,005,366
19,675,269
1,834,542
$2,194,422 $23,331,398 $20,604,935
.
amortization.;—V. 158, p. 1822.
depreciation and
Years End. Sept. 30—
Gross
Baltimore Transit Co.—Earnings—
■:
ended Dec. 3,
2,170,404
Brewing Corp. of America—Earnings-
the proceeds of all loans are to
replenish working capital in con¬
account of war production contracts.-and to reiinfor amounts theretofore expended for. such purposes.
the
of
burse the company
V.
1942,
working capital
with
nection
s
20,
Aug.
terms
the
Under
;
be
Associated Gas & Electric Co.—Weekly Output—
Net
i;
company , and
banks and the other between Bolens Products Co. and said banks.
dated
agreements
the
.
V.
"Before
with the Marshall
& Ilsley Bank of Milwaukee, Wis., and the Harris Trust & Savings
Bank, Chicago, for a revolving credit (a so-called "Regulation V" loan)
in the aggregate principal amount of not to exceed $70,000 at any one
time outstanding, to be used prior to Dec., 31,
1945y Said revolving
credit will be substituted for and in lieu of two-similar revolving credit-
,
in process of sale are among the com¬
Securities and Exchange Commission in August,
1942, ordered the Associated Electric Co. to end its relationship with,
under terms of the Public Utility Act of 1935.—V. 158, p. 2246.
'
which
$4,603,466
earnings,$2,433,062
"Net
three
The
panies
from oper.
expenses--—
Operating
,
Company has entered into a bank credit agreement
,
■
Y
Agreement
Credit
Bank
.-v.
permission to .sell
adjustments.
properties now
.
'
i;
Co., Ltd.—Earns.—
1943—10 Mos.—1942
$4,028,964 $43,006,667 $38,610,301
1943—Month—1942
Period End. Oct. 31—
■
Gross, earns,
;•: \ .
f
The net proceeds ($330,027) will be applied to the payment of out¬
standing first mortgage 41/2% notes of. the company.'and of Bolens
Products Co. in the principal sum of $292,168.
It is: estimated that
approximately $293,968 will be required' for this purpose. The balance
of such net
proceeds will be added to working capital.
*
;•.£'/
Purpose
transactions would comprise:
(1) Sale of the company's interest in Ohio-M'dland Light & Power
Co. to Joseph B. Wilson for a base price of $1,885,000.
.'I /
(2) Sale of the interest held in Lake Shore Gas Co. to Malvern HU1
for a base price of $720,000.
(3) Sale of securities and long-term indebtedness of Union Gas 1&
Electric Co. to William E. Vogelback for a base price of $750,000.
The Ohio-Midland and Lake Shore transactions would bs for cash,
while the company would receive for the Union Gas sale a note for
-$700,000 and cash for the remainder.
All sales prices are subject to
certain
.
-
transactions)
mortgage bonds—,
*6%
I
■
:
102,343
145,132
149,582
104,723'..
32,642
98,692
117,232
Authorized
Serial first
Sell Assets in Three
'-y
application with the Securities and
:
,
Brazilian Traction, Light & Power
Gross
Associated Electric Co.—Plans to
Firms—
Y '•
81, 1943
•••
Capitalization, Aug.
mill and the construction of a new
storage warehouse and office building.
The A. P. W. Properties, Inc.,
owns,
free from all liens, the land (1,457 acres more or less) just
north of the Liberty mill, the storage warehouse and office building
erected upon it, together with the two sealing machines used by the
A. P. W. Paper Co., Inc., all of which is under lease to the A. P. W.
Paper Co., Inc., for a rental sufficient (after payment of all operating
'expenses) to provide 4% dividends on all of the outstanding class A
stock, and 6.% dividends on all of the outstanding Class B shares of
Jan. 1, 1944, a total
bonds, .series A, dated
be made at The Mahon¬
ing National Bank of Youngstown, trustee, Youngstown, Ohio.
Con¬
version rights of called bonds will expire at the close of business on
Dec. 21, 1943.—V. 155, p. 1503
:
State income and excess profits taxes.i,
tFederal and State income and excess profits taxes, fFor'eight months
Properties, Inc., was organized under the plan
P. W. Paper Co., Inc., to finance the
W.
1,161,952
remodeling of the latter's Liberty
Bonds—,
of
1, 1940, at 105 and interest. Payment will
"Before deducting Federal and
consolidation of plants of A.
for
as
of first mortgage convertible' 5Va'A
$60,000
Jan,
$93,980
,
' 56,826
,283,162
97,444
140,283
35,559
42,414
9,771
136,600
37,908
164,585
47,353
428,294
247,026
1936
•.
for, redemption
called
been
have
:
,
$267,400
1,811,499
1941—______
1938——
inc.
of
Net after Taxes
$2,763,479
•
1242--:
pending issu¬
Fed.
■' '
v
tTaxes
5,301
'
2,222
1940
'
.•
"Net Income
2,222
:
5,720
2,222
of
■i
Net Sales
...
2247,
p.
There
•
its
1940—
5,684
2,222
pay.
ance
Adjust.
of
all
'
■.
$8,553
f 1943-2—
6,012
stock—i——
Class B
will
and
158,
Brainard Steel Corp.—Calls $60,000
cumulative pre¬
Products Co. to
$50,000 of the company's 6%,
immediately cause the Bolens
for
and
Summary of Earnings for Calendar Years
stock-
A
products,
4,585
5,090
stock
liquidated
-21- ' $4,847,609
—V.
■
1943—11 Mos.—1942T
$3,761,734 $39,343,668 $39,108,000
1943—Month—1942
Perlod Ended Nov. 30—
Sales:
business, property, ■ asset's and good will
vested in the company, which will thereafter operate the same as a
division.
The Bolens acquisition was made by the company for the
purpose of having it do subcontract work on the company's regular
line of products in addition to the continued manufacture of its own
be
$3,968
$9,259 /
30—
Net
the assets,' business and
Bolens
exchange
ferred
1,679
.
$4,168 V
$4,252
13,682
Earn,
in
son
income
Administrative exps.—
Taxes
$8,296
$8,659
Inc.---,—
earned-—-
Total
1940
1941
•
W.
P.
A.
Co.,
Paper
Interest
good.will of
Properties, Inc.—Earnings—
P. W.
A.
3 Mos. End. Sept. 30—
of'
the company acquired all
1941,
Bond Stores, Inc.- -November Sales—.,
Washington, Wis.
Acquisition of Bolens Products Co., Port
July,
Manufacturing Co. for $319,896 and immediately
transferred all of such property and business, and $30,104 in cash, to
Bolens Products Co., a new corporation then organized in Wisconsin,
in exchange for $350,000 of that company's preferred stock.
Simul¬
taneously therewith Roy W, Johnson and Mrs. Viola A. Johnson, the
sole stockholders of the company, purchased all of the common stock
of Bolens Products Co. for a cash consideration of $50,000.
Prior to
the issuance of the bonds now offered, the, company will acquire all
of the common stock of Bolens Products Co. from Mr. and Mrs. John¬
offering
special
.
In
of 6,000 shares of common stock (par $25) by
Smith, Barney & Co at 56, with a commission $1.10 has been with¬
drawn.—V. 158, p. 2038.,
A
Monday, December 13, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
2358
Total
,
-V,
_.
158, p. 2040.
14,790,687
par value common stock, all payable Feb. 1 to holders of
Extras'of 50 cents each were also disbursed on Feb.
Feb. 2,
1942.—V. 157, p. 688.
1,
1943, and
Volume
Canadian
THE COMMERCIAL & FINANCIAL CHRONICLE
' Number 4237
158
Industrial
Alcohol
Ltd.
Co.,
.v:;
Years Ended Aug. 31—
Operating
Income
Net
profit
from
1943
$1,353,350
449
1,843
sale of materials
sale of
from
9,222
13,018
6,662
Total
272
income
of
officers
and
Fees of
Legal
other
Taxes
inc.
on
Net loss
Prov,
bank
on
Provision
4,115
for
3,186
3,638
of
6,011
35,427
5,287
8,776
and
47,649
165,646
,
"V
,
marketable
of
in
514,522
55,716
J.
profit
Consolidated
Assets—Cash,
cost, $631,226;
accounts
rials
$44,934),
stock of spirits,
$435,685;
prepayments
$493,519;
.
machinery
and
(less reserves for depreciation
equipment
for
containers
$138,952;
Interest
in
the
accrued
hands
liability
debenture
on
of
estimated
$165,014; accrued
customers,
of
respect
in
stock
including
payable,
of. Robert
income
McNish
tax
&
of
$11,727;
shs., no par),: $3,986,442;
consolidated
total,. $7,259,938.—V. 158, p. 667,
; -V
.
earned
_
Canadian Pacific
v';:;,-;
Railway—Earnings—
/-"/''-'/v.// :
Nov. 21 to Nov. 30—.
Traffic
—V.
earnings—
158,
'
/''a/''
from
$50
issuance
the
share,
per
and
sale
of
stock
be
to
are
used
for
the
pur¬
The proposed issuance of securities has been approved
Carnation Co., Milwaukee, Wis.—Extra $1 Dividend—
$1
directors
share
per
annual
Dec.
on
declared
4
the
the preferred stock,
on
dividend
of
50
cents
authorized
regular
quarterly dividend of
$100, and the usual semi¬
the common stock, no par
par
able
share on
value, both payable Jan. 3 to holders of record Dec, 14.
An extra
dividend of $1 per share was also declared on the common stock, pay¬
per
&
credit,
the
Trust
of
extent
of
ar¬
over
158, p. 2153.
Quiney
&
New
RR.
at
to
office
the
of J.
redemption
of
as
Called—
Feb.
1,
1944,
Feb
total
a
1,
1969,
at
Payment will be.
P.
Kane.—V.
158,
Int.
sinking
fundi
filed
was
on
Considered
in
five
and exercisable
12,500 shares,
$4,767,811
$3,220,200
954,410
3,147,700
2,029,210
100,902
107,366
277,774
238,355
$534,505
$484,273
$1,342,337
$952,63-5
obligations--—.
57,995
per
73,308
183,647
227,223
$476,510
net profit
$410,965
$1,158,690
$725,413
share—
com.
Federal
"Includes
taxes
$0.39
normal
(estimated).—V.
$0.34
income
158,
tax
and
'
$0,96
surtax
and
$0.69
profits
excess
1439,
p.
Clearing Machine Corp., Chicago—To Sell Shares—
The
corporation recently filed a registration statement with tha
regarding the proposed sale of 20,000 shares ($1 par) common
now
privately held.
The stock will be offered to underwriters
stock
Ry.—Plan Modifi¬
for
1
■
too
in
generous
the
resale
Bacon,
H.
W.
until
treatment
3
Vw,V7:
Schotter,
p.-m.
as
of Jan.
exhaust the
Treasurer,
Dec.
on
to
—V.
1944,
3,
31,
RR.—Tenders
380
1943,
Ave., New York City,'■will
bids for the sale to company
of general mortgage bonds to
of
sum
Sought—
Seventh
receive
amount sufficient
an
$31,550 at prices not to exceed
and interest.
par
156, p. 2096.
Colgate-Palmolive-Peet Co.—Extra Distribution—
The
directors
the
An
from
;
Cleveland & Pittsburgh
■'
Bankers Ap¬
varying
public.
The underwriting group will be headed by
& Co., Farrell, Chapman & Co., and Newhard, Cook
offering price has been fixed at $11.25 per share.—V. 157,
The
779.
p.
on
separate. blocks
the
to
Whipple
Co.
&
a
Brothers
$1,546,049
1,196,800
(est.)™
parent co.'s long-
Consol.
recently
has
Commission
1943—9 Mos.—1942
$1,832,207
taxes
profit-
term
2249.
p.
1943—3 Mos.—1942
profit)
Net
Director
o'.'.vv.,;;.''■■"■'y'
.
Lebanon
to
for
Co.—Bonds
the
special meeting held on Dec. 7 overwhelmingly,,
approved a contract between this company and Lehman Brothers,
whereby Lehman Brothers purchase an immediate interest in the
company and participate in a joint advisory committee to cooperate
with the company's management on post-war problems and policies.
The contract provides for the immediate purchase by Lehman Broth- '
'ers of 5,000 shares of Chicago Mail Order treasury stock at a total
purchase price of $75,000.
In addition, the contract gives Lehman
Brothers an option to purchase an additional 53,000 shares of the
company's unissued stock at prices ranging from $17 to $21 per share,
and having a total purchase price of $1,016,000.
Stock will be avail¬
tjy the Massachusetts Department of Public Utilities of Massachusetts.
.;v—v. 158, p. 2041.
:'K>'
The
Nov,30
on
to
stockholders at
The
called
been
minority interests.™.
proved—Treasury Stock Sold—
paying company's indebtedness in the sum of $150,000, rep¬
resented by its 3% interest bearing note payable to the First National
Bank of Boston.
through
Bank
McLucas, chairman
second
largest ever
Proportion applicable to
v-;
,
petition
the
have
-"Federal
of Virginia—
Clkicstsro Mail Order Co.—Contract With
of
pose
Co,
first and general mortgage lien on 45 units of equipment.
petitioners contend that new securities: should be allocated on
the equipment's value as of the beginning date of reorganization pro¬
ceedings, Dec. 30, 1933.—V. 158, p. 2249./
The'proceeds
$150,000.
corporation
Hanover
S.
City Stores Co. (& Subs.)—Earnings-
The
aggregate
to
this
The
Terminal
Period Ended Oct. 31—
the
of
application has been filed with the SEC by the company seeking
England Gas & Electric
(par $25) for the cash
of
Commission
Corporation
issue
Greenville
of
which
the approval of the issuance and sale to New
Association of 3,000 shares of common stock
consideration
Detroit.
the
by
Central
Walter
Morgan & Co., Incorporated,
trustee, 23 Wall St., New York City.—V. 157, p. 1553.
'
■
with the Interstate Commerce Com¬
mission by the Chase National Bank, New York, the Railroad Credit
Corp. and the first and general mortgage bondholders' committee of
the' road seeking to modify the reorganization plan to give a more
"adequate" allocation to first and general mortgage bondholders.
The petitioners asked the Commission at least to, restore the pro¬
visions of the examiner's proposed feport on Finance Docket 10294,
Cape & Vineyard Electric Co.—To Issue Stock—
An
•
$5,000,000 Additional Stock—
to
cation—
'
.
made
SEC
1942
$7,188,000
1943
$9,079,000
_
2248.
p.
$1,830,966;
surplus,
.
.
of
the
to
of $38,000 of first mortgage 3%% bonds, series E, due
112 and interest, out of moneys in the sinking fund.
respective
n
Chicago Indianapolis & Louisville
A
provision for income and other taxes, $705,664; reserves for contingen¬
cies, $412,901; reserves for exchange, $8,273; capital stock (1,111,916
'
2252;.
P.
Virginia
death
liability
Ltd.,
cer¬
with
the
H.
M,
Bushnell, President of 'the United States National Bank of
Omaha, has been elected a director to fill the vacancy created by the
charges,,
payments of
on
Co.,
trust
together
of
Earns,
of
accounts
equipment
amount
date
Payment of the 2 % certificates will be made at the office
& Co., Incorporated, 23 Wall St., New York, N. Y.,
certificates at the Guaranty Trust Co., 140 Broad¬
Elected—
$15,-
$2,952,423), $1,307,355; goodwill, trademarks,' etc, $1; total, $7,259,938.
Liabilities—Trade
arranged
and
according
1%%
Chicago Burlington
$2,393,300^ raw mate¬
purchase contracts,
on
operations,
$22,197;
Sundry
investments,
excess profits tax, $8,658;
real estate,
charges
to
refundable portion
buildings,
;
investments in marketable securities—at
accounts and bills receivable (less reserves for doubtful
deferred
$6,501;
277,979
;
the
to
the American Telephone & Telegraph Co. by
Dec. 31 for cash at par $5,000,000 of its common capital stock, con¬
sisting of 50,000 shares of stock with a par value of $100 each and
to sell
to the parent concern
next year demand notes payable on
or before
Jan. 1, 1949, not exceeding $5,000,000.—V. 157, p. 2212.
$383,659
277,979
31, 1943
rate
Chesapeake & Potomac Telephone
The
$554,861
Sheet, Aug.
dividend
There
Net
$1,946,101;
and supplies,
395;
.
of
Balance
Bank
credit
Detroit
Cincinnati Union
New York, N. Y.—V. 158, p. 2249.
100,000
$536,595
'389,170
Dividends
1944, or 2%
at their principal
1944,
1,
the
at
15,
158,
company
Net
V-T
of
operative,
now
ranged, is understood to have been subscribed to
$400,000,000 by banks throughout the country.—V.
Morgan
the
To Issue
100,000
contingencies——
P.
of
March
Feb.
way,
5,000
•
National
purchase on or before Dec. 30, 1943, for
of the outstanding 1%'% serial equipment
—V.
456,652
556,897
is
the
158, p. 2153.
10,805
.
995
sec.
materials
raw
maturities.
158,409
711
provided for or paid-
deprec.
due
thereon
27,962
loan—
sale
on
for
tificates
32,931
.
—
War risk commodity insurance--,.™
Prov. for deprec. of fixed assets
Interest
$1,105,616
158,045
directors—
expenses
any
and
certificates
due
trust
to
all
retirement,
28,746
'
offers
company
interest
„
$250,000,000
National Bank
Co.
Chesapeake & Ohio Ry.—To Purchase Certificates—
directors
exec,
13.—V.
EWT, on Dec.
a.m.,
The
4,191
$1,466,670
.$1,389,457
fees
&
11
marketable
securjties
Salaries
Chrysler Corp.—V-T Credit Operative—
The
-
the
&
supplies ——.
profit
195,000
stock
25,050
1,625
of
Stock—
Proposals for the purchase as a whole of 195,000 shares of common
(no par)
will be received by the company at Room No. 168,
Parker House, corner. Tremont and School Streets, Boston,
Mass., up to
1941
$1,067,869
1942
$1,427,560
Proposals for the Purchase
Shares of Common
.
25,372
profit from sale of fixed assets
Net
'
25,?59
investments-:
Net profit from
;
V;
.
/
Invitation for
Subs.)—
(&
Earnings—
2359
of
Dec.
Dec.
on
stock,
common
extra
75
23,
1941, and
Dec. 15, 1939.
on
The
paid
last
of
quarterly
stock
common
23
on
Dec.
50
23,
per
158,
Dec.
of
14.
$1
on
1940,
and
share
was
23,
cents
share
per
one
Dec.
1943.—V.
$1
record
year,
on
12Vz
of
15,
of
of
last
each
cents
Nov.
holders
to
dividend
on
dividend
extra
an
Dec,
paid
was
extras
regular
the
on
declared
9
payable
cents
981.
p.
Colonial Stores, Inc.—Sales Continue to Increase—'
Period End. Nov. 27—
1943—5 Wks.—1942
Sales
9,000
$8,999,840
-
—v.
158,
1943—48 Wks.—1942
$8,850,067 $81,490,078 $72,667,337
.
1823.
p.
•
Combustion Engineering Co., Inc.—To Pay
during five-year periods-commencing
$2 Div.—
.
able
20
Dec.
tion
holders
to
made
was
Dec.
on
record
of
14.
Dec.
19, last year.—V.
A
similar
with
distribu¬
extra
York
157, p. 2038.
On
Nov.
V.
158,
William
16,
fill
to
the
Peters
was
caused
B.
vacancy
by
The
the
Treasurer
death
of
R.
of
P.
the
Celanese
New
Base
for
.
,
coal
tar
for producing Celluflex,
process
a
Between
phosphate family from petroleum acids, said
Dec.
1, which further added: 'Originally based
on
which
acids
and
scarce
arewar
also
vulnerable
to
cash
the.
product
widely, used
2248. :
.'
now
additive.."—V. 158, p.
as
plasticizer
a
.
.
and
/V''.
have
month,
of
exceeded
and bond
Central of Georgia Railway—Trustee Notes—
purchase
or
lease
Expenditures Authorized—
This
and
S.
improvements
Central Hollywood Building Co.—Tenders
The
Title
Sought—
Angeles,
it
of
flew
leasehold
157,
as
'
Securities
and
enforcement,
extension
a
Commission has
Exchange
request
of
of
Ogden
1,
Corp.
date
maturity
the
from Jan. 1, 1944, to Jan.
1945.—V. 156,
of
p.
approved,
and
subject
the
(which
its
transactions
sale
see).
subsidiaries
Central
5%
common
postponed,
without
by
have
Twin
been
State
Central Vermont
approved
Gas
for
months
number
V
prejudice,
by
the
until
proposes
3Vz%
series
C
bonds
and
the
sale
stock.
of
Manager,
passenger
stated
miles
that
during
from
January
through
Oct.
31
"Chicago
the first
application
an
SEC
in
The
195,000
of
income
upon
income
principal
upon
amount
the
revenue
passengers
carried
company
corporation
adjusted
for
Securities
record Dec.
The
the
service
from
Memphis
to
Corp.—Weekly Output—
week
show
ended
energy
general
Dec.
2,
business
of subsidiaries
conditions of
1943,
^
to 256,week in
'
2250.
p.
par
of
declared
1
Dec.
on
accumulations
payable Dec.
value,
on
a
the
dividend
SIAO1
of
20
cents
cumulative
15 to holders of
record
class
Dec.
4.
per
A
share
stock,
Distribu¬
cents each were made on March 12, June 19 and Sept.
Arrearages as at Sept. 30, 1943, amounted to $1.65 per share.
Storey, President, Dec. 3 stated: "The net profits for the
year 1943 will not cover dividend requirements thus necessitating the
payment out of surplus of the reduced dividend of 20 cents.
"Prospects for the cement, industry in 1944 are not encouraging
tions
of
and
to
35
last.
15,
W.
it
is
doubtful, whether dividends can be
continued until conditions
1634.
covers
announcing
Lines
in
its
1941
between
a
total of
had
1,086 miles.
corporation pointed out that Eastern
proposed service over certain segments of the
and
Greenville
via
Muscle
Shoals,
Lines
Huntsville,
was
denied
revenues™—.—.
Operation
™
Maintenance
1943—3 Mos.—1942
$7,827,545
3,513,405
472,422
1943
12 Mos.—1942
$6,918,940 $33,574 ,605 $31,207,327
3,221,165
14,658 ,487
13,969,356
415,678
1,643 ,692
1,715,926
Provision for retirements
822,933
822,025
taxes__
275,608
287,004
1,613 ,970
1,648,948
taxes.
871,324
715,094
4,068 ,925
2,904,312
income
excess
Other
prof,
taxes..
Net
Other
3,540 ,294
2,703,482
687,816
operating
income.,.
616,721
2,591 ,074
2,445,228
$1,184,037
rev
Gross
Int.
$1,415,259
$5,458,162
$4,820,071
7,417
2,798
23,574
Pfd.
div.
amort,
per
share,
Aggregate dividend
as
payments for
against $1.75 in
1942.—V.
1943
158,
p.
"
Consolidated Edison Co. of New York,
The
Inc.—Output—
on
Dec. 8 announced that system output of elec¬
(electricity generated and purchased) for the week ended Dec/
5, 1943, amounted to 222,100,000 kwh., compared with 163,100,000 kwh.
for the corresponding week of 1942, an increase of 36.2%.
Local
distribution
of
electricity amounted to 218,000,000 kwh., compared
with 159,700,000 kwh. for the corresponding week of last year,
an
increase of 36.5%.—V. 158, p. 2250.
company
$1,191,455
$1,418,058
$5,481,736
377,940
347,646
1,560,416
500,000
2,000,000
2,000,000
SEC
has
Charles
to
adjustments,
1,466,542
500,000
company's sale of the Raleigh (N. C.) Gas
of Gastonia, N. C., for $217,870 cash plus'
the use of the proceeds by Consolidated for the
^purchase in the open market and the retirement of Federated Utilities,
Inc., 5Vz7o
first lien collateral trust gold bonds (assumed by Con¬
solidated).—V. 158, p. 2043.
Co.
$4,833,766
chgs.
Consolidated Electric & Gas—Sale—
The
approved
B.
'Ziegler
and
Consolidated Investment Trust, Boston—Special Div.—
paid
The
share
trustees
and
payable
Balance
-V.
improvement."
$1.25
13,695
I,
income...
and
to
tricity
Cincinnati Gas & Electric Co.—EarningsPeriod End. Sept. 30—
material
amount
the
plans
Memphis
will
158, p. 1935.
$313,515
$570,411
$1,921,320
$1,367,223
bution
p.
the
Dec.
of
on
like
Dec.
7
declared
a
special
dividend
of
80
cents per
usual
quarterly dividend of 30 cents per share, both
stockholders of record Dec. 15.
A special distri¬
amount as disbursed on Dec. 28, last year.—V.
158,
28
to
1129.
The Commercial and Financial Chronicle
(Reg. U. S.^Fatent Office) William B. Dana Company, Publishers, 25 Spruce'St., New York 8, N. Y., BEekman 3-3341, Herbert D. Seibert, Editor and Publisher,
Dana Seibert, President; William D. Riggs, Business Manager.
Published twice a week [every Thursday (general news and advertising issue) with a statistical issue on Monday]. Other
Chicago—In charge of Fred H. Gray, Western Representative, Field Building (Telephone State 0613). London--Edwards & Smith, 1 Drapers' Gardens, London, E.C. Copyright 1943 by William
B. Dana Company. Reentered as second-class matter February 25, 1942, at the post office at New York, N. Y., under the Act of March 3, 1879.
Subscriptions in United States and Possessions,
William
offices;
$26.00 per year; in Dominion of Canada, $27.50 per year. South-and Central America, Spain, Mexico and Cuba, $29.50 per year; Great Britain, Continental Europe (except Spam), Asia, Australl*
ttnd Africa, $31.00 per year. NOTE; On account of the fluctuations in the rates of exchange, remittances for foreign subscriptions and advertisements must be made in New York funds.
to
Exchange Commission has approved the proposal
10.—V. -158,
account
no
,,
air
and
directors
on
in
S.
new
debentures
Consolidated Cement Corp.—Smaller Class A Dividend
:«
1942.
proposing
of
corporation to pay dividends aggregating $1,482,000 to its
preferred stockholders at the rate of $1 for each of the 1,482,000 shares
outstanding.
The dividend is payable on Dec, 24 to stockholders of
period when
connection
shares
$100
per
cash
of net cash
this
"
of
cents
8.
p.
income debentures interest
kilowatt hour output of electric
weekly
this
"of
October, 1943,
of 25.65% over October, 1942; Chicago & Southern
3,523,519 revenue passenger miles in October, 1943,
of
50
of
157,
amounted
248,290 as compared with 228,915,725 for the corresponding
1942, an increase of 27,332,565, or 11.94%.—V. 158, p. 2250.
Federal
Co. of its properties
to acquire the New York and
of
Commonwealth & Southern
The
of
increase
total
Gross
a
Electrjc
&
out of net
out
15-year 6%
Dividend Approved—
Traffic
revenue
General
Chattanooga.
The application of Eastern Air
by the Civil Aeronautics Board.—V. 158, p. 2041.
debentures
properties of Twin State and also proposes certain changes
capital stock as well as the private sale of $500,000 first
mortgage
court
'
pay
pay
sum
charge
Payment—
to
the
in
Rosencrants.—V.
such coupons are attached, payable on and after Dec. 10, 1943.
payment will be made upon the surrender of said coupons at tho
Land-Title Bank & Trust Co., trustee, Philadelphia, Pa.—V. 155, p. 1831.
Because
the
Vice-President
H.
to
attached to
2
territory served
29,551,091
The route
route
1414.
Vermont
in
believe
F.
Such
2249.
and
to
com¬
initial
an
which
a
York
C.
Air
Central Vermont Public Service Co.—Acquisition and
Merger of Twin State Gas & Electric Co., New York and
Vermont Properties—Issuance of Securities, Etc.
Certain
month.
a
petitioners
$45,-
$6,000,000
of the plan.
late
the
determined
record
Fed/
with
be
against 2,640,522, in October,
In
:
the
on
This
and
•
ele'eted
been
have
D.
Central States Power & Light Corp.—Bond Extension
proposed
the
has
succeed
have determined
No.
coupon
City via Chattanooga, Tenn.; Greenville, S. C.; WinstonSalem-Greensboro-High Point, N. C.; Richmond, Va., and Washington,
2248...
court
accruing at $1,740,767
circumstances
than
more
about
to
directors
in
Southern Air Lines, Inc.- -Passenger Rev-
flew
the
an
ington
the
share
per
last year,
directors
v;'1;:
.
The
by
of
Applies for New Routes—
outstanding first mortgage 3%% bonds, series A, due
Aug. 1, 1969, have been called for redemption as of Jan. 3, 1944, at
105 and interest. Payment will be made at the Harris Trust & Savings
Bank, trustee, 115 West Monroe St,, Chicago, 111.
Payment of the full redemption price, with accrued interest to Jan. 3,
1944, will be made at any time on or before date set for redemption
upon presentation and surrender of the bonds to the trustee.—V. 158,
p.
p.
Heininger,
a
New
of
paid on Dec. 30,
1941.
The
The corporation has filed with the Civil Aeronautics Board in Wash¬
2212.
p.
Central Power & Light Co.—Bonds Called—
All
158,
total
shows
Calif.,
price of said bonds.—V.
•
is
the
former approval
reorganization
Up—
L.
The
Insurance
income
$2
The
each
69,316
revenue
passengers
as
against 58,921 for the same
period of 1942.
This was an increase of 17.64%.
Included in these
figures are passengers carried over the system operating from Chicago
to New Orleans via St. Louis,
Memphis, and Jackson, and from Mem¬
phis to. Houston via Little Rock and Snreveport.
& Trust Co., trustee, 433 South Spring Street,:
offered to receive bids until Dec. 11 for the sale
mortgage bonds dated May 1, 1937, to an
amount sufficient to^exliaust the sum of $19,092.77.
All tenders will
be opened on Dec. 13, and the trustee will accept the lowest offers
submitted, is at a price or prices not higher than the redemption
to
rate
at
H.. Armacost
activities
carried
trustees, allowing this sum to be spent on new rails, road improvement
and other new equipment.—V. 158, p. 2248.
''i'
Los
the
During
District
petition
interst
accrued
10 months of 1943, an increase of 22.52%
over the 1942
the. airline flew 24,119,225 revenue passenger miles."
has been authorized to spend $2,761,326 on rehabili¬
during 1944.
Judge Archibald B.n Lovett of
Court, a Savannah, Ga., dispatch says, has' signed a
submitted by T. M. Cunningham, Counsel for the railroad's
company
tation
Court
Michael I. Igoe lias granted the request of Helen L.
attorney for the road, that the filing of the motion to
Southern
&
of
Commonwealth Gas Corp.—Interest
;
Judge
Chicago &
enue
contracts, the notes to be sold at $1,255,253.
dividend
a
to holders of record Dec. '23.
28
New Vice-President—
Wilbur
marine
on
of
R.
U.
accrued "unpaid
interest
in
17.—V.
Dec.
,
the
its
Munsert,
Nov. 26 authorized the company to issue not exceeding
promissory notes to evidence the unpaid portion of the
price of certain equipment Acquired under conditional-sale
ICC
and
*•..; ■,.p'.p•"'■;;p
;;
being
changes
Federal
/
is
reconsider
reconsider
The
Mazur
M.
2249.
1,
Cash
these
should
lubricant
;-Y;
■
Jan.
000,000.
situation, this important plasticizer for synthetic rubber,
plastics and flexible coatings is now available ill increased quantities.
"The company also
produces Lindol which was the first tricresyl
$1,243,512
Paul
p.
1939, the effective date of, the approved plan, and
the end of this year, debt retirement and the increase in th debtor's
labor
phosphate
and
158,
for the railroad will petition the Federal. District
reconsideration of the railroad's reorganization plan.
for
plas¬
a
tricresyl
announcement
on
mine
Schnadig,
Attorneys
1
„
Corporation has developed
an
K.
Brothers.—V.
Lehman
Plan Asked— ;
on
America—Finds
of
Corp.
the
Lawrence
of
•
*
of
and
Natelson
Howell.—
Chicago Milwaukee St. Paul & Pacific RR.—Rehearing
Chemical Product—
ticizer
Riskind
Morris
com¬
declared
have
pares with $1.50 per share
of $2 per share on Dec. 20,
v-',.
;
directors
capital stock, payable Dec.
New
advisory committee v/ill consist of five directors or officers of
Schnadig, Ralph L. Arnheim, R. W. 'Jackson,
A.
2041.
p.
Exchange.
The
cur¬
company—Edgar L.
M.
elected
the
Stock
:
(J. I.) Case Co.—New Treasurer—
pany
1, 1945 and terminating July 1, 1954.
The company
has 346,181 capital shares dutstanding and listed on the
July
rently
"r
2360
•-■'< THE COMMERCIAL & FINANCIAL CHRONICLE
„
Sinking fund payments
of $270,000 for
Consolidated Natural Gas Co.—Div. Disbursing Agent
agent
dends.—V.
159,
Sales
The D.,
158,
record
taken
was
V.
of
business
of
close
the
at
158,
1S34.
p.
•
,
407c
the
and
of New
fixed
its
in
of
The
to
and
stockholders
of
two
the
companies.—V.
158,
The
By agreement dated April 15, 1943, this corporation has sold to
Bethlehem Steel Co. its miiies No. 86 and 87 in Marion County,
Period End. Nov. 30—
the
Sales
closed
Nov. 26.
deposited with
Baltimore
National
Bank, trustee of the 25-year 5% sinking fund
bonds, due July 1, 1960, for the redemption on Jan. 1, 1944, of all of
West
Virginia,
the
Of
$6,000,000.
The transaction, was
received, $5,042,100 has been
tor
cents
on
Nov.
share.
a
Based
157,
the bonds
of
issue
this
Dome
Crown Cork
The
War
Seal Co.,
&
Diamond Match
Ltd.—Renegotiation—
sources
Adjustment Board has completed re¬
negotiation proceedings concerning 1942 earnings of this corporation
and its wholly-owned domestic subsidiaries, concluding that no exces¬
sive profits have been
realized by the company for the year 1942
and,
consequently, that no refund is required to be made to the
Federal Government.—V.
158,
1943
—V.
158, p.
Net
income
Mines, Ltd.—November Output—
ouptput,
val.
Surplus Jan.
Surplus
of
$2,870,063
1,210,462
146,691
"1,985,186
151,500
160,117
$2,613,408
974,281
173,891
$1,549,523
$1,515,119
$1,499,484
$1,465,236
$7692,289
3,523,691
3,434,173
adjustments.—_
-16,042
-
5,540 "
-
$535,937
$471,337
St. Albert
of
of
1st
trustee,
called
mtge.
will
33
Crqwn Drug Co.—November Sales—
Sales
158, p.
In
Common
The
directors
the
on
be
made
Earnings
Railways—Interest—
to
$18.55
of
with
le-s-Cuban
Nov.
20,
transitory
a
for
procedure
record
National
deposit,
of $1.11
tax
the
stock
payable
the
for
issuance
at source)
the
on
Constitution
the
of
plan
be withheld
to
Interest
1943.
provision
and
bonds
—V.
of
the
at
American
with
Nov.
on
record
declared
30
preferred
Jan.
dividend
a
stock,
This
3.
Cube, the procedure for deposit,
participation certificates, payments
made Dec.
were
1,
1943,
York
of
and
as
of
for
holders
to
of
1946;
the
of
record
and
of
Dec.
1,
bonds,
$3S.77
'
'
•
•
Curtis Publishing Co.—$5
,The
directors
count
of
value,
payable
payment
158,
Dec.
this
on
Arrearages
V.
recently
accumulations
28
the
since
Oct.
X,
75
of
record
cents
1943,
1935.
p.
dividend
$5
share
stock,
per
preferred
Dec.
to
This
13.
paid
was
amounted
:
<
of
cumulative
$40.62>/2
Co.,
the
carry
directors
credit
is
believe
the
also
announced
the
that
renegotiation
to
vp
refund
figure
of
in
be
the
used
less -than
the
determination,
company's
annual
report,
Mr.
share.—
•
'The company has called for redemption as of Jan. 1, 1944, a total
$18,000 of 4% mortgage bonds due July 1, 1949, at par. Pavment
will be made at the
City Bank Farmers Trust Co., trustee, 22 William
Street, New York City.—V. 158, p. 1439.
Samuel
annual
directors
the
record
Aug.
Dec.
16,
H.
N.
shares
10.
last.
3
of
declared
capital
Similar
No
dividend
a
stock,
distributions
other
dividends
of
payable
made
were
have
been
Feb.
on
paid
this
on
During
15
their
of
for
and
6%
sinking
to
be
redeemed
through the sinking fund
he continued.—V. 158, p. 2044.
on
before April
or
Lackawanna
to
the
With Leased Line
The
RR,
company and
have
chare*
for
signed
that
Merger Plan—
on
but
payments have
the
terms
will
of
the
New York/Lackawanna
merger,
receive
(a)
of
60 %
the
value
par
of
Western
&
their
stock
fixed
interest bonds, secured by a first and
refunding mortgage
on the present leased
line, to bear interest from the date when rental
payments were last rceived and to mature May 1, 1973, and
(b)' 40 %
of par value in second
mortgage bonds on the same properties, bearing
•5% contingent interest and maturing
May 1, 1993. Both issues will be
jrodeemable • at 105 to May 1, 1971, and at par thereafter.
(Contingent interest
and
will
not
until
accrue
A
existing
capital
The
of
fund
York,
reduced
the
-in
the
1 %
for
York,
and
general
until
system
equipment
on
charges
row
in
has
fund
fixed
were
be
deferred
earned
or
Federal
not
income
annually
for
is provided for.
special sinking fund
a
the
retirement
of
bonds
of
18 7c
secured
on
to
continue
of
not
and
until
Western
&
Delaware,
than
less
contingent
$5,200,000.
New
outstanding
reduced
607c
to
to
of
of
establishes
available
exclusive
earnings,
of
$4,000,000.
York,
bonds
$20,000,000;
Western
&
charges,
reduced
are
the
are
Lackawanna
interest
Such
Lackawanna
&
fixed,
Western
debt
reduced
is
to
$20,000,000
pany's charges are reduced to
20%
of
available
net
income
.securities
in
the
continue
$4,000,000
will
discretion
of
annual
fixed
until
the
be
when
year,
a
established
parent
and
or
a
the
parent
sinking
to
retire
com¬
fund
If
when
and
60 7c
of
continued
to
fiscal
„
the
parent
available
and
retirement
15 7c
of
of
New
of
were
sources
and
costs
of
10%
of
will
not be materially affected
alcohol for .war purposes during
at
prices
with
in
excess
of
the
increased excise taxes
maturing
inventories
at-July
from the quantities owned at the
1"
year.
or
of
into
Actually, this
reflecting ouF post-war planning.
we
will make a con¬
fiber and of new or more efficient
,
for the fiber.
uses
to
of
payable
were
Dec.
pioneered
is.
in
soybean
and
developments
approvimately
distributed
currently
22,
30,000,000
under
share
has
been
holders
of
record
per
23
to
made
declared
Dec.
the
on
6.
management and
charges are cut to
company
contingent
company
earnings,
the
establishes
special
general sinking fund
sinking fund will be dis¬
a
the amount of the general sinking fund
applied
York, Lackawanna & Western bonds.
3%
first
showed
follows:
$1.50.—V. 157,
the
purchase by Joseph E.
providing
1530.
p.
1041
1942
$430,560
——
*
of capital stock.—V,
shares
the
approved
Milling
158, p. 2250.
.
.
shareholders.
by
annual
dividend
the
Under
been
p'an
reduced
to
dividends
paid
annually,
and
claims
for
dend;
.at
It
the
Ltd.,
the
4%
of
mortgage
Nicolson states that
payment of tKe acrr-ed interest on the $*49.-000 3%
now outstanding.
This would provide approxi¬
bonds
$0.05
158, p. 2251.
the
funds
subsidiary
plan
to
a
sto k
common
■
.•
the
to
Milling
the
on
the
Co.
.
extent
has
•
•
preferred
stock
senior
stock
has
participating
of
$1.50
volutarity
given
in
shsre
a
its
up
contributed
annual
Jan.
on
with
Maple Leaf
is proposed
new
■••
dividend
cumlative
the
on
V
■
a
8xh%\ but in recent years holders have
guarantee of Maple Leaf, which would
a
annua'ly
15,
to pay
rate,
in the past under its guarantee of divi¬
the first quarterly dividend of $1 a share,
the preferred stock of Eastern Bakeries,
140, p. 316.
'.. ■
^
-
on
1944.—V.
Ebasco Services,
For'
'
the
operating
of
week
American
National
week
Power
&
1942
Dec.
of
Power.
during
Inc.—Weekly Input—
ended
companies
&
2,
the 'System Inputs of client
Inc., which are subsidiaries
Electric Power & Light Corp. and
Co., as compared
with, the corresponding
follows;
Ebasco
Light
Light
were
as
1943,
Services
Co.,
,
Thousands of
Subsidiaries of—
Oper.
American
Electric
Power
Power
National
&
&
Power
1943
Light
Kilowatt-Hoyrj!
IncrcQiSc
(The)
,
to
United
holders
tributions
j
Pet.
28.481
16 7
Corp.
100.776
81.954
18^822
23 0
106,748
100,423
6 325
6.3
include the system
158,
inputs of any companies
2251.
p.
""
-
Ecuadorian Corp., Ltd.—Larger Dividend—
directors
share,
31
1
Amount
170,768
Light Co.—
Light
&
periods,—V.
The
1942
199 249
Co..
The above figures do' not
not appearing in both
of
have
States
of
declared
three
a
currency,
record
cents
Dec.
per
quarterly
the
on
10.
dividend
ordinary
Previously,
share
each
of
shares,
the
five
quarter,—V.
cenis
payable
company
157.'
made
p.
per
Dec
dis-
992.
Edison Brothers Stores, Inc.—November SalesPeriod End. Nov. 30—
from the "Washington Post" of Nov. 21:
years of overdue interest
on the outstanding
bonds will be paid in the near future, if plans
has an opportunity to sell for $55,000 a lot not needed
present conduct of the business and the proceeds would be
applied toward
first
35,409
Ltd., have been eliminated, bv a
The preference
stock was entitled
Co.,
receiving 3 xk% under
have expired Jan. 15, 1944* *
Seagram &
company
the
$286,433
„
the preferred stock of this company,
arrears on
Leaf
Maple
been
for
just announced are successful.
,
In a letter to the bondholders, President G. L.
in
of
Corp*—Earnings—
:
243,743
cumulative
a
end of the previous
is taken
mortgage
common
Distributions
April 1, July 1 and Oct, 1, last. Payments
April. 1, July. 1 and Oct. 1, 75 cents each;
Eastern Bakeries, Ltd.—Dividend Arrears—
Up Bond Interest—
Approximately
...
on
charges but before Fed. taxesincome and excess profits taxes———
Dividend
of
District of Columbia Paper Mills, Inc.—Plans to Clear
system
of
allo¬
;
23,000
normal
in /which dividends are
following
pounds
Government
'
is
given in last week's "Chronicle."—Ed.]-—See V.
The
first
$12,409
tax-paid inven¬
such, taxes as may arise in the
paid to the parent company.
13,012 shares of cumulative preferred stock 5 % series were pur¬
chased and cancelled during .the year for sinking fund -requirements,
at a' cost of $1,142,269 which, amount was charged to earned surplus,
leaving 151,488 shares outstanding at July 31, 1943.
[The comparative income account and balance sheet- figures ■ were
of
large-
it
and
Co.—$1.75 Common Dividend—
$1.75
Dec.
sales-:.-*
"On
and The Calvert Distilling Co., of Frankfort Distilleries,
approximate price of $43,000,000, has provided substantial
continued
into
go
.
1
complete distribution of these surp'uses may never arise and the policy
year
equip¬
33,318
the past fiscal
provision has been made in the. financial statements for possible
taxes that may ultimately be payable in connection with the distribu-,
tion to the parent company of dividends out of the undistributed sur¬
pluses of the United States subsidiary companies. Tne necessity for a
be
war
will/be
and
43,315
No
fiscal
meet
as
manufacturing
additional inventories.
will
to
"Production
machinery
now
,
as
also
However,
inventories.
the
Sons, Inc.,
Inc., at an
said.
secure
can
manufacturing operations.-
annually,
which
1942
subsidiary
taxes
was
we
it
rapidly
Net income-j————J.,—$15,497
"Earnings per share———' '■
'
$0.06
subject to review by the U. S. Treasury
deemed prudent to provide an amount of
$3,000,000 (including $1,000,000 set aside in the first quarter of the
year) as> a reserve for other possible future inventory price declines.
Since July
31, 1943, further substantial inroads have been made
It
Department.
a
an
•
,
as
v
method in
profits
is
Federal
"last-in
excess
not
Net profit after
of -the- company at the close of the fiscal year. The use
first-out" inventory method for United States income
assets
the
and
meal
oil
were
Net
-
States
inventory
enable
plant
Quarter Ended Oct. 31—
at
were .sold
thereby.
31,-1943,
:
■
has
cehts each
company's
company's
on
is
but
part
companies adopted the "last-in firstdetermining cost, of inventories of whiskies
and spirits as at July 31, 1943.
Had this method not been adopted,
the reported profit wou d have been increased $2,530,000, after increased provision of $5,860,000 for income and profits taxes; in „addition it would have resulted in an increase of $8,330,000 in the inven¬
United
The
cut"
of
$3,000,000.
of
the
Governments,
of this
Drackett
Mr.
as
Western
outstanding $13,639,000 first and refunding 4s and $10,000,000
refunding 472s, both due 1973, When New York, Lackawanna
first and
to
for
Western properties, the sinking fund to be
$1,000,000 of bonds retired or $1,000,000 cash
obligations,
1D42
line
merger,
establishes
and
the
the
$500,000
Lackawanna
sinking
will
whether
leased
&
each
unless
bonds
interest,
the
of
of
earnings
sinking fund,
New
pr
annual
Lackawanna
bv
until
date
to
up
mortgage
contingent
liability
agreement
merger
available
New
the
on
second
alcohol by
Canadian
which
characteristics
„1
equals one-half of! the
taxes
the
on
results
the
quantitv
tory
Under
stockholders
in 5%
&
total
been
railroad.
a.
the
par)
stock of
the latter company
will be exchanged
and
contingent interest bonds.
Under
the
terms of the
lease, the parent company has guaranteed annual dividends of 5%
dividend
and
64,700,000 proof gallons, which
It
out,
interested
dividend
and
15th
and higher costs in general, resulted in a substantial increase in
total dollar value of inventories at July 31, 1943.
However, the*
decrease
($100
enjoined by court order since July 2,
1942, because of a litigation as to which company is liable for Federal
income taxes on the rental
paid to New York, Lackawanna & Western.
The parent
organization owns 1,680 shares of stock of the leased
or
tory,
fixed
present
to
resistant.1
pointed
a
commercial
.
in
A'l such sales are subject to review b" the Govern¬
renegotiation or equivalent statutes and it is reasonably
production
production
RR.—Agreement
ft":' '
its leased line, New York, Lackawanna & Western
agreement of merger under which the 100,000
an
sales of war
States
United
amounted
:
post-war plant,
a
on
75
it was necessary to make purchases of both whiskies and spirits
outside
sources.
Such purchases of whiskies and spirits from
year,
15,
be
Duke Power
A
\ '•
Nov. 12, in the company's
ended July 31, 1943, said in
will
company's
stock,
Distillation facilities of the subsidiary companies having been devoted
from
Western
&
the
year
the
to
under
outside
Delaware
on
year
strong
.
$21,200,000.
believed
for
the fiscal
fiscal
the
direction,
ments
issue,
for
which
"
Drackett
capacity
additional
on
Duro-Test
subsidiaries
share
per
holders
to
20
President, announced that the directors have authorized
redemption on Feb. 15, 1944, of $250,000 of 12-year
fund debentures.
These will be in addition to the deben¬
calling
lu44,
cents
25
Dec.
Grei-,
the
tures
Dec.
on
400,000
President,
Bronfman,
report
.permit,"
company
soybean
follows;
as
carry
soybean
Annual Re¬
—
'
port—
Deep Rock Oil Corp.—To Pay Another Dividend—
The
on
Distillers Corporation—Seagrams Ltd.
-
price
a
v'.y
it has yet to be named,
and durable, and can be
new
so
at
\
the
quickly
as
cations.
Dayton Union Ry. Co.—Bonds Called—
'of
to
per
in soybeans about 1933.
technologists, the announcement added, have made
many products experimentally from soybeans, including plastics, wallboard and paints/ Currently, the company produces about 70,000 tons
the SEC a registration statement rela¬
tive to proposed issuance and sale of 21,259 shares of authorized com¬
mon
stock ($2 par).
Proceeds will be credited to capital stock and
capital surplus accounts^—V. 158, p. 2250.
•
it
moisture
or
Mr:
with
desirable
production.!'
The
has filed with
company
$1
fabrics.
and
is
resilent,
fiber,
increase
carrying
became
Tilt
of
Registers With SEC—
various
will
up
to
-The
stated-
The
it
be said to
scale
ac¬
1941.
15
of
1943, to Jan. 15,. 1944.—
technical study of this new
■manufacturing processes, as well as of potential new
In this way,, when the war ends we will be all set
the time of the annual
effect to the resultant tax
balance to surplus are only
the
which
is
material
raw
marketing
part:
tinuous
the
at
in
share
per
Jan.
rate
hew fiber made from soybeans
a
textiles
in
absorbent
other
any
plan to
While
agreement provides for an
$2,282,000 in excess of the
shown
amount
ment
■may
•
been
with
contracts
into
stepped
be,
until
has
new
conditions
will
The
of
1942,-
government
$4,000,000
of
the
final
cents
payable
the
variety of requirements.
"We
materials-,
credit
It
moisture
of
for
in
fiber,
wool.
as
either
build
a
.
estimated
31,
Dec.
to
a
59
A,
at
growing field of usefulness.
It may
be blended with either cotton or wool or it may be woven or
spun
into
fabrics,
It
has already
been
made experimentally into
such
products
as
blankets,
felt
hats,
underwear,
hosiery,, suitings and
upholstery fabrics.
This new product may be so controlled as to
National
will
investment
company's
that
added
He
the
First
all of Chicago.
call
use
added
soybean
warm
entirely
par
10,
per
Trust
that
said
in March last.
Afjter giving
deduction,
net earnings for 1942 and
the first
is
March
on
on
to
Tilt
Mr.
meeting
t
&
with
in
tentative
Bank
new
competitor
;
working capital needs for war production and
.the government have been completed.
V
all
Tilt
additional
M
no
for
government
On Account of Accruals—
a
$7
holders
to
issue
at
as
declared
on
needed
Illinois
Harris Trust & Savings Bank,
and
contracts.
reached
Nov.. 20,
Continental
as
made
$24,-
/
production of
plans
widespread
announcement
"This
.
and
settlements
per
1943.
Interest payable on the bonds at
office of National City Bank, New York City.—V. 158, p. 1823.
*'
V
:
its
The
-
.
commercial
Present
permit
have
been
completed by this company with
four
Chicago banks for a $24,000,000 credit to be used at
to Dec. 31, 1945, C. A. Tilt, President/ advised stock¬
Nov.
26.
Banks concerned
are
Guaranty Trust Co. of
when
Mr.
to
today.
taxes.
.■'■
,
•
$1.13
stock
capital
and
'
announcement
war
ample
surrender
on
refunding mortg"->je gold
extended
$1.18
$1.20
,
Chicago
his
$1,000 deposit receipt for
said
bonds
($4.56
interest
payment, $14.77 principal payment and
$17.44
cash
payment in lieu of participation certificates for 1943,
rmounting to $18.55 less Cuban tax of $1.11 to be withheld at source)
bond
rnd
,
on
of
1943, coupon from the first
series A, 7V2% and series B
lien
67c,
-
.
and
York
In
$5 per
of
1032.
'
profits
excess
of
series
dividend
at Cincinnati, O., on Dec. 2, in a plant which is
expected to
major post-war importance, H. R. Drackett, President, announced
be of
time prior
any
Bank
Provision of the Constitution
and the plan for the issuance
surtax,
Trust
started
v,
Arrangements
New
holders
transitory
a
,
$1.45
income,
000,000^-
City Bank, New York City.—V. 158, p. 1635.
accordance
com.
&
(The) Drackett Co., Cincinnati, O.—Starts Operation—
$2,937,006
.
Bank
National
Chicago, 111.
St.,
quarter and computed from Nov. 22,
p. 2189.
•;
158,
1,050,000
,
$3,688,751
is
of
office
on
(no par).
158, p.
New
$1,000
787,500
787,500,
■!
'
redemption as of Jan. 1, 1944 a total
dated July 1, 1941 at 100 V-s and
900,000'
Diamond-T Motor Car Co.—Obtains V-Credit of
holders
to
at
shares
"Federal
Cuba Railroad—Interest-T¬
in
450,000'
$3,570,355" $3,570,769
30—_
share
per
700,000
of
of
participation certificates, payments were made Dec. 1, 1943, of $4.72
per $1,000 principal amount of first mortgage gold bonds, 5V2% series
of 1942, due 1942, upon presentation of bonds for stamping of the rider
attached thereto; and of $36.77 per $1,000 deposit receipt for said
bonds ($4.56 interest payment, $14.77 principal payment and $17.44
cash payment in'lieu of participation certificates for 1943, amounting
the
787,500
:
V.
$4,887,006
$4,926,251
Great—Bonds
<■
bonds
Salle
cumulative
new
holders
The fir.-t
Surplus Sept.
accordance
Cuba,
dividends-V—
$1,733,434
$1,846,697
$5,257,855 $5,033,269
900,000'
675,000
.
dividends;';—'"
'
Preferred
1935.
Northern
Cuba
Balance-
' '
7
1943—2 Mos.—1942
$842,613
$940,339
—V.
^
1943—Month—1942
$3,054,409
.
for
ser'al
No. La
the
'
share per
Period Ended Nov. 20—
$5,298,280
(The) Dow Chemical Co.—Initial Preferred Dividend
t
,
£>r45,063
Dr7,406
•
been
Payment
Co.,
3,466,833
•
have
$54,000
int.
$3,651,805
1—;'_T_
1943—11 Mos.—1942
1943—Month—1942
/
Of
Fathers, Province
'
' \;V '
There
'
1940
"2,658,768
—
share
a
158, p. 1336.
ican
.
1941
$1.26
Dominican College of St. Thomas Aquinas and Domin¬
2189;
-
1942
of
/
$4,354,982
—_
„_
Fed., State 4b city taxes
Depreciation
1935.
p.
Co.—Earnings—
9 Mos. Ended Sept. 30—
Gross earnings from all
Price
Department
;
S. Beck Stores.r-V.
A.
price
offering price to the public totals
■Called—
158, p. 2250.
outstanding.—V.
now
,of
above sales include those
public offering
2347.
p.
"
Bullion
1943—11 Mos.—1942
,
the
on
22, the maximum aggregate
$15,750,000.—V.
$2,260,878 $26,399,361 $27,109,393
—$2,332,371
The
consideration
1943—Month—1943
3806.
p.
12,500,000
25
•
Diamond Shoe Corp.—November Sales—
139,
has registered with the Securities and Exchange Com¬
shares of capital stock at a stated par value of
company
mission
Period Ended Nov. 30—
Consolidation Coal Co.—Sale of Two Mines—
\.
Co.—Ed.].—V.
Paper Mfg.
Dividend Shares, Inc.—Registers With SEC—
p.
"
2250.
able to pay taxes in
and is now current
government
added.
'
agreement will be submitted to the Interstate Commerce
merger
Commission
-
been
has
Columbia
of
Nicolson
to District of Columbia
ago
taxes.
past
mills
paper
District
Mr.
taxes,
[This company is successor through reorganization about seven years
contingent
,
t
the
due
arrears
fund.
and
1941,
coupons due in 1942.
Out of
earnings, the
percentage
sinking
sale, $55,000, to the payment of Interest 011 the out¬
bonds of the par value of $549,000 for the years 1939, 1940
and to apply i^he balance towards payment of interest
proceeds of
standing
to dividend payments, that at the outset
income will be applied to divi¬
as
available-net
of
charges to $3,000,000.
No dividends are
to be paid from surplus existing on the date of the merger agreement
until the D., L. & W. fixed and contingent charges are reduced to
$4,000,000 a year.
"
Available annual earnings
will be determined after allowance for
contingent
interest,
capital
fund
and
other
deductions,
including
amounts which may be paid to the State of New Jersey on account
of
1943,
29,
Nov.
on
this
the
annual
convertible
15-year
mately $100 for the holdef of each $1,000 bond. Bondholders approval
of the proposed sale is requested.
Provision
has been made
recently for payment of interest on all
outstanding bonds through the year 1938 and, if that sale is con-1
summated, the Court will be requested to authorize application of
contingent upon earnings but minimum
last, six months of 1943 and $450,000
to increase by 3% for each $1,000,000 reduc¬
York, Lackawanna & Western or $1,000,000 cash
The restrictions on dividends will be discon¬
tinued when the general sinking fund of 607c of earnings is insti¬
tuted or when the 20 7c
sinking fund reduces the parent company's
Co., Inc.—To Call Debentures—
5% income debentures, due Aug. 27,
1953, (stamped 9.34% redeemed) for the purpose of drawing $99,997
of the debentures for redemption on Jan. 3, 1944, at the reduced face
value
thereof
plus accrued interest to the redemption date.
The
principal amounts of debentures to be redeemed will be chosen by
lot in units of $45.33 so that varying amounts of individual debentures
will be called for redemption. Notice of the called amount of each
debenture was sent
to registered holders hereof on Dec. 1,
1943.—
holders
than
tion in bonds
in
Textile
the
provided for.
are
L. & W. agrees,
more
dends,
$1,846,358
2043.
p.
Consolidated
A
not
1943—Month—1942
1943—11 Mos.—1942 ,
$1,478,226 $17,665,712 $13,313,974
—L-—
—
—V.
1944
year
Funds for special or general sinking funds will be paid into
the
sinking fund by May 1 out - of the preceding year's earnings and will
be utilized for sinking fund purposes within three years.
Consolidated Retail Stores, Inc.—November Sales—
Period Ended Nov. 30—
the
for
1634.
p.
are
payments
transfer
of divi¬
Guaranty Trust Co. of New York has been appointed
for the capital Stock and agent for the disbursement
The
Monday, December 13, 1943
Sa*?s
—158,
---7"
p.
2044.
1943—Month—1942
$3,179,839
1943—11 Mos—1942
$3,791,648 $35,839,954 $40,935,795
Empire Properties Corp.—Seeks Indenture
Changes—
The
corporation is circularizing holders of its $658,900 of
bonds due
1, 1945, asking them to authorize certain
changes in the inden¬
these bonds.
These
obligations are secured by bond
certificates
which
in turn,
are
secured by mortgages on
apartment
properties in Brooklyn and the Bronx.—V. 148, p. 3220.
on
Jan.
ture
covering
Volume
Maintenance
$4,460,637 $58,443,288 $50,044,960
1,554,4-33
20,979,633
17,954,119
3,429,675
3,670,268
281,608
$5,058,076
Operating- revenues
Operation L—A-.—.--'-;
1,929,258
338,746
—
—i-~.
450,137
Federal income
995,252
503,345
387,192
330,646
Qther taxes.:—,—
,
&
Utilities
&
Corp.
Arlen
and
153,
Kclley.—V.
Swlger,
G.
attorney
of
8,597,157
240.
p.
Electric
oper.
Other
$953,551 $11,319,560 $10,522,634
$357,488
revenues—,
1943—Month—1942
Period Ended Nov. 30—
3,792,907
3,863,815
309,282
317,282
amort.—
Sales
$919,984 $11,330,643 $10,200,530
$956,650
Balance
Interest- and
I)r322,104
11,082
Dr33,567 ~
Dr838
income, .net— —a
$596,703
——
—-
—V.
Balance
2,144,610
Balance
i
$6,407,622
2,164,520
$7,466,828
$610,701
$639,367
r
requirements
3.
1943—11 Mos.—1942
——7—,
interests—-AA
17,566
$5,304,651
$4,224,731
—1—
to bonds of subsid.
owned by parent, deducted aboveAAcAA-A
Earnings from subsid. inch as deductions above;
$5,304,651
$4,224,731
to minority
applicable
'
Balance
holders
Balance
above
as
of
Amort,
each
cents
par
compares
March
on
share
per
recently
was
value, payable Dec.
with 15 cents paid
and
15
June
15,
cents;
13," 25
March
on
1943.
June
20
and
Sept.
discount
15 to
Florida East Coast
applic.
1,303
158, p. 1347.
Ry.—Reorganization
tne
preferred
directors
of
the
proposed
bank
transactions;
charter
of
by
Virginia
the
&
Power
issuance
Public
Public
Service
with
the
option
Service
Co,
of
preferred
Co.
Virginia
to
and
a
ac¬
stock¬
Electric
&
$4,000,000
to
percentage;
Engineers
by
Electric
Virginia
authorize
stock;
Virginia
offer,
of
to
Public
Service
Co.
of
capital;
Electric & Power
common
Virginia
Co.
of
$3,800,000
loans.
the
present plans of Virginia Electric & Power Co. are approved,
Virginia Electric & Power Co. proposes to make an offer to the
preferred stockholders of Virginia
Public Service Co.
which
would
give to each class of that company's preferred stock 11/6 shares of a
new
$5 dividend preferred stock of Virginia Electric -&
Power Co.,
plus $5,50 per share in cash for the 7% preferred and, In case the
The Interstate Commerce Commission has postponed from Dec.
and Dec. 21, a year-end of 35 cents.—V.
15,
If
cents
follows:
as
to
reduce such
Procurement
additional
15
were
each;
95%
a
to
Contribution
5.
the
on
to holders of record
Sept. 15, last, and 25
Payments during 1942
15
the
proposed
the- stockholders
dividend
by
by
of
Co.
the
over
by
Virginia Electric & Power Co.
declared
Service Co.:
Public
Engineers
•
Engineers Pub.
applicable to
cents
25
no
This
10.
Dec.
18,371
Service
Amount
stock,
common
$4,243,102
$5,322,217
of
$1,000,000
$5
Action
Power
Flintkote Co.—To Pay 25-Cent Dividend—
dividend
Electric & Power Co., a subsidiary of
the sale by General Gas to Virginia
for
common
amendment
of
ceptance
$5,151,105
158, p. 1936.
A
the
future
an
class
4.
Preferred dividend
Virginia
provided
Authorization
of
new
$5,671,958
-$543,151
-
of
from
2.
Fishman Co., Inc.—November Sales—
(M. II.)
and
of
having jurisdiction
York, Inc.. above.—V. 158, p. 575.
Co.
Net
all
price
a
able,
...
Fidel Association of New
see
Corp.
which
of
stock of Virginia Public Service Co.
in cash plus additional amounts, U avail¬
earnings within a limited time up to $1,500,000
additional.
Such sale is contingent upon the following:
1.
Authorization by all State Commissions and Federal Commissions
for
Fidelity Assurance Association—Sale of Subsidiary-
4,316,624
Electric
Engineers,
Chambers
Swiger,
2361
&
members of New York Stock Exchange;
Co.,
5,224,749
5,389,817
12,400,132
4,683,874
437,022
taxes—'
Depreciation.
Pell
Cnarles F. Stratton, Vice President of American Merchant Marine
Steamship Corp.; Byron S. Watson, Chairman of the Board of Rhode
Island
Insurance
Co.; Wm,
B.
Yeager, President of International
1943—12 Mos.—1942
1943—Month—1942
of
Pell, partner
(& Subs.)—Earnings—
Engineers Public Service Co.
Period Ended Oct. 31—-
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4237
158
—
offer
effective
becomes
extent
of
accrued
after
March
31,
additional
1944,
dividends- subsequent
that
to
date.
cash
to
the
on
Based
the
.
Interest
49,797
District
169,871
$5,625,393
$4,513,536
389,863
49,999
-
—
;
Earnings from other sources—
Total
-----—1,—-
Expenses, taxes and
—
-<P r.fiT " ~ ~~* "A7
490,573
interest.
$5,134,820
for common
Balance
$2,878,736-
stock and surplus-
stock
Earnings per share of common
—V.
158,
$1.51
an
Commission.—V.
the
to
158,
••
of
and call $1,500,000 of its bonds.. Integration of the
of the two properties which serve contiguous areas in the
Virginia is expected to produce substantial operating econo¬
$10,500,000
to announcement by Paul L. Davies,
in charge of industrial relations of the
Bean-Cutler divisions of the corporation in
He will also be. available for problems arising in all
Calif.
branches.-,.
and
.
A
,r
Executives Purchase Famous
consummating
Co.—Exchange Offer Expires Dec. 31—
of
one
commercial
the
State
A'
.
'
this
the
before
Lake Ry: Cov prior lien bonds
have been notified that the privilege of exchange for cash and securL
ties of the reorganized Erie RR. Co. for the aforementioned bonds,
and thecash alternative, offered by letter of April' 16,: 1942, of Erie
RR
Co., the time for-which has heretofore been extended, - will ter¬
minate Dec/ 31,1943.—V. 158', p. 2190. •
' V.';
of
York
New
&
Greenwood
Valley of California, has been purchased by a small group
headed by Paul L. Davies, President, and John D. Crummey,. Chairman
board of Food Machinery Corp., and George N. Keystori, San
Operating
•Net
profit;
Common shares
1943
31—
Quarters Ended Oct.
,
p.
Balch
-V.
trade
name
and is a pioneer in dehydra¬
and vegetables is known
fruits
on
.
; •;
-
-
Increased
to an announcement by Robert C. Hosmer, President. The
company has declared a cash dividend of 20 cents a share, payable
on
Dec. 23 to holders of record of Dec. 9, making 1943 payments 35
'
-
Exolon Co.—To Pay
;
»
....
commercial enterprise.—V.
a
as
158, p. 2191.-
"
-
dividend
a
of
10
cents
;
- -
•
share
per.
;
The
stock,
common
no
cents
record
15.
Dec.
and
1943,
This
-
3 Months Ended
.
Proposed—Loan
.vy'y
a a'a;'.
Offering of Additional Common Stock
;
;•
•
y
letter to stockholders states that it will offer to
them
"additional
shares of common
stock upon an advantageous
basis," subiect to approval of the Securities & Exchange Commission:
The
proceeds are to be used "to further strengthen the company's
cash position and to put its permanent capital in stronger ratio to
its new long-term debt.
The existing Federal Revenue Act grants a
prem'um ot 25%
upon new capital for the purpose of the excess
profits tax,
Such a program would, therefore, .effect, a. substantial,
reduction in excess-profits taxes."
•
•
•.« *
..The lefter also announced that the company has arranged for'a
loan "from an insurance company" of $600,000.
The loan, the letter
The
in
company
a
,
is to be amortized by payments spread over a 15-year period
dating from Nov. 7, 1943.
The interest charges applying to this loan,
it added, "are, under existing tax rates, largely absorbed after allow¬
ance
is made for their deducibility as an item of expense in income
(said,
tax calculation,
company's
.
The main purpose of
this loan is to replace in work¬
the excess over fire insurance proceeds of the cost of the
plant at Tonawanda, N. Yand to provide for ex¬
ing capital
new
pansion of production facilities at its plant at Thorold, Ont., at the
request of ; the Way Production Board."
■
; , ■
!
Total earnings for the first nine months of 1943 "closely approxi-1
mated earnings for the same period of 1942, with indications pointing
to an even more favorable comparison over the rema ning months of
1943,"
added.
letter
the
"The
company
does not
have
a
problem.
It has placed * itself in a position to
front post-war industrial activity."—V. 156, p. 513.
conversion
directly
50-Cent Dividend—
Fairchild Aviation Corp.—To Pay
••
Earnings for First Nine Months Higher—1942
Reduced—
—V.
stock,
common
paid
June 30,
on
before
158,
Dec.
On
last year,
23,
as
payable Dec. 23 to holders of record Dec. 17.
made on Aug. 12, last, and on Aug. 12 and
against 75 cents on Dec. 22,' 1941, and 50 cents
was
;
-
.
_
American
Common Stock
on
Dec.
on
share
per
Investors
r"
directors also
The
Dec.
on
last
to declare
plan
usual
stock,
earnings'
to
A
-
estimated
1943
r,
———
taxes and estimated
$669,569
$977,429
renegotiation provisions;
earnings,
.,
Federal Mogul Corp.—Renegotiation—
,
V',
1942 earnings by $1.10
to $2.50 per share, compared
Renegotiation of war contracts has reduced
share
per
with
In
but
a
still
left earnings equal
share earned in 1941.
letter to stockholders. H. G. Muzzy,
$2.16
dividend on the common'stock
On Dec. 24,
a
and 25
cents on Dec. 22, 1939.
Altschul, President,' on Dec;
stockholders, said:
1940,
per
Pres'dent,
in
1
company
it "is
net income
on
the intention
of New York business men lias purchased the capital stock
corporation, an investment company, from the receivers of the
group
dividend
the
the
"For
*
to permit
as
guidance
a
is
It
common
•
accordingly
stock
late
as
accurate
more
stockholders
of
in
their
making
return
tax
on
the following information is submitted: Net income from divi¬
dends'and Interest for the year, after all expenses, taxes (except Fed¬
eral
income
tax
and
preferred dividends, is estimated at between
Dec.
40
15
and
cents
45
securities for
tax)
share of
per
stock.
common
(before Federal income
of common stock, sub¬
approximately 40 cents per share
stantially all from the sale of long-term holdings
(securities held for
more than six months);
the final amount for the year will necessarily
depend on security profits or losses during December. Under the Fed¬
eral Income tax law,, dividends paid out of the profit from the sale of
long-lterm holdings should be treated by the stockholders as long-term
P. Stewart, President of Frank. B.- Hall &r Co.,
theBoard.
In addition to the above officers the following-will serye on the.
Fidel board'of directors; Curtis E. Calder, President: of American &
President, and. Cecil
named-Chairman-of
-
Power Co.;
B.
Hopps,
Es- G.. Diefenbach; President of -Electric Ferries;'
President of Atlantic Brokerage Co,; Hamilton
459,595
663,694
1,805,307
$4,242,446
$3,795,527
19,151
60,834
$4,261,597
$3,856,361
companies),-
2,728,263
&
Gas
Electric
2,556,098
$1,533,334
operating
$1,300,264
131,267
142,935
$1,402,067
$1,157,329
Corp. and merged subs.
—--
-
of
Income
(Parent
Only)
Company
Expenses
and
subsid. oper.
in
taxes.—
deductions
Federal
from
income
1942
1943
cos—
$652,111
$832,817
iAA
157,278
—
income,
■i
142,935
131,267
i
income
286,394
65,992
23,337
$478,824
taxes.
$199,445
1943
and subsidiaries have
as a result
Public Service Co.
Note—Earnings of Virginia
been omitted for
1942 for comparative purposes)
(also
o( proceedings before the SEC, involving the recapitalization of Virginia
Public Service Co.
The SEC has approved a plan filed by Virginia
Public
the
Service
tion
The
plan
General
issuance
the
&
of
new
common
in
stock
place of
stock and two Issues of preferred
completion of such recapitaliza¬
Corp. will hold only 9%
of the new
&
Elfectric Corp. has requested a re¬
common
that
provides
Gas
stock.
hearing
for
Co.
outstanding
presently
stocks.
Electric
General
Gas
upon
the fairness of the plan.
The earnings of the Dover Gas Light Co., which was sold on Dec. 15,
1942, and Eastern Shore Public Service Co. and subsidiaries, which
was
sold
on
Aug. 27,
1942, have been eliminated from the above
statement of consolidated Income for both periods.
The earnings of Tide Water Power Co. have been omitted for 1943
(and also .1942 for comparative purposes) due to the signing of a
contract to sell all of the common stock of Tide Water Power Co.
to
on
outside
as
interests,
of
result
a
will
hold
take
and
Institution
the
of
against
proceedings
the
11 of the Public Utility Holding Company Act
expected that General Gas & Electric Corp.
minority of a new issue of common stock which will
under section
company
which
only
the
a
place
stock.—V.
is
the
of
158,
it
outstanding
presently
common
preferred
and
2045.
p.
General Investors Trust,
Boston—Year-End Dividend
the above Trust
that they will
payable on Dec.
27 to stockholders of record Dec. 13.
Distributions of 6 cents each
were made on April 20,
July 20 and Oct. 20, this year.
Distributions during 1942 were as follows: April 20, July 20 and Oct.
20, 6 cents each; and Dec. 28, 8 cents.—V. 158, p. 2252.
On
Dec.
4,
it
was
advised
have
A.
W.
declare
&
dividend
year-end
a
announced
Smith
that
Co.,
of
the
Inc.,
trustees
per
of
Mass.,
Boston,
cents
12
share,
/f j|
General
change
General Motors Corp.—War Production
American Transportation Corp.—Acquisition
corporation,
in
Commission,
statement
recent
a
has
acquired
the
Securities
the
to
capital
entire
and
stock,
Ex¬
for
portation Corp., which had been held in its treasury —V.
1936.
158, p.
Lectrofilm,
oped
after
of
made
a
the
In
a
total
two
of
than
at
materials
available
in "the
Uhited
by the company.
The development of "lectrofilm"
high-grade
of
mica.
of
most
in
communications
It
can
be
.
has
a
radio-frequency-blocking
in
one
any
and
The
in
used
in
present
available
is
both
in
rolls
capacitor production lines with
company, is making lectrofilm
available
making capacitors for the armed forces.
for
manufac¬
by
use
in
than
Accused of
N.
J.,
of
the
Dec.
the
the
asserted
suit
as
manufacture
The'
one
of
the
charging
of
Electric
electric
Newark,
of
East
158,
seeking
monopolized
light
...
treble
Brooklyn, N.
Lamp Works
Newark "and
p.
violation
with
bulbs
1857.
out
turning
Y.;
-
■
'
•
■
damages,
the
Dura
19,000
are:
The
Wabash
Lamp
Co.
of
of Hoboken,.the Jewel Incandescent
the-American Lamp Works of North
"
•
'
'
Dividend
6
that
President
a
304,000
averaging 500,000 in
army
employees
averaged
slightly
more
,
in
armed
the
of-Engineers
contract had
been*
Public
Service
Public
Co;,
an¬
signed- between General Gas
on
services
now
number approximately
dividends
and
$1.37'/2
Service Corp.—Pays
Postponed
1937
Preferred Stocks—
directors
the
of
on
Dec.
$1.50
2
per
directed the payment on Dec. 8, 1943, of
share on the $6 dividend preferred stock
share on the $5.50 dividend preferred stock, to stock¬
record at the close of business on Oct. 15, 1937.
Similar
per
holders
of
Similar
payments were made on the
none
.
CABarnes,
Dec.
production
hourly
been aided in its tremendous war effort by
and subcontractors who also employ a great
has
suppliers
employees
"GM
The
.
Electric
General Gas & Electric Corp.—Sale of Virginia Public
Service Co. Common Stock Arranged—*
' J ;
Donald
of
•
averaged
114,000 women war workers.
Of the total
500,000, there are more than 40,000 men and women
war
products in the General Motors plants in other
corporation
General
parts;
:
nounced
great
a
.
which
including
of workers,
army
respective stocks on Aug. 1, 1937;
since.
The
c.
to
number
Australia,
England,
.
attempted
or
and
Manufacturing Co.; was named in
corporations having a working agreement with
,
Corp. of
the Elram
company
and
Electric.
plaintiffs,-each
Bergen.—V.
the
Nations—including
83,000."—V. 158, p. 1936.
General
Westinghouse»Electric
General
•
Federal court,
Anti-Trust Act.
The
400,000,
nearly
light'manufacturers filed suit, at Newark,
in
6
Clayton
companies
control
The
electric
United
countries.
Clayton Act Violation-
independent
risen
has
1941,
and sup¬
2,300 separate items for war use.
is being carried on ia 116 plants
in five plants in Canada and
than
New Zealand, South Africa and Egypt.
number of General Motors employes,
October.
follows:
the United States,
"The
"The
Five
as
employment of
method of manufacture.
or
part
production
war
in
other
in
plants
in
vast network of subcontractors
its
more
Motors'
-
stated
further
with
producing
is
communities
47
India,
equipment.
It
Harbor.
corporation
"General
in
by-pass,
material.
in equipment
pliers
applied to the manufacture
fixed capacitors used
best
and
electronic
dielectric
be
can
little change
turers
other
Pearl
of
on
was
announcement
"The
by the growing short¬
The new product
greater combination of desirable properties than was previously
sheets
and
very
and
has been announced
States,
hastened
was
time
The
-
.
_
age
the
exceeding $12,500,000 a day, C. E, Wilson,
Dec. 7.
These figures compare with defense
running at a rate of about $2,000,000 a day at
rate
a
announced
President,
synthetic dielectric material for capacitors, devel¬
years of General Electric laboratory research, and
since Pearl Harbor General Motors has produced
$5,000,000,000 worth of war materials and -is
years
more
producing
now
new
several
Reaches $12,-
500,000 A Day—
50,040
of Louisville Drying Machinery Co , issuing in exchange there¬
7,667 shares of $5 par common stock of General American Trans¬
shares,
Lamp. Co.
company
309,192
1,090,903
2,012,868
capital gains."—V. 158, p. 1531.
Vice President with supervision of investments since
began operations in 1932, " has been elected
York
552,842
2,123,384
12 Months Ended Sept. 30—
sale of
profit from
Net
the 11 months ended Nov. 30, 1943
was
Fidelity Assurance Association (formerly Fidelity Investment Associa¬
tion of Wheeling,- W. Va.) and assumed the management.
Hubert F;
Youngs Managing
Foreign
the
on
forecast of income and
profit for the year. Therefore the board of directors plans to declare
the dividend on Dec; 17 payable on Dec. 24 to holders of record at
the close of business on Dec. 22.
'
"
possible, iso
as
Appliance
Stewart
taxed as a regulated
distribute substantially all
to
net profit distributed.
and
take action'on
desirable :to
to
Fidel Association of New York, Inc.—New Interest Ac¬
quire Control— ■
,
T; y
>
New
common
year's net"incom6 from interest and dividends and net profit
sale of securities, as no Federal income tax is incurred by this
from
;
the
the
to
this
of
The
A
notice
a
"In view of the election of this company to be
Investment' company,
announced that
has been concluded with a resultant reduction in sales
and decrease in net profit of $305,250.
Net
profit for the year ended Dec. 31, 1942, corrected for this
renegotiation, thus was $701,126 instead of $1,006,376.—V. 158, p. 1033.
(net);..^.,.-,;.
r__
income
common
Frank
$1,220,000
of this
;>
*.
distribution of 40 cents per share was made on the com¬
stock, as against 25 cents on Dec. 22, 1941, 15 cents on Dec. 24,
mon
renegotiation
of
V
a
available
•
f
17, payable Dec. 24 to holders of record Dec. 22.
year,
•
J
value,
par
General Electric Co.—Announces ^Lectrofilm."—
renegotiation deductions are estimated
on the same basis settled upon in
1942 and therefore are still tentative^
The corporation also announces that due to renegotiation, net income
for the year 1942 was reduced from the $926,000 previously reported
to $397,000.—V. 158, p. 283.
.the
Notes—In
resale
6,549,160
Pay
dividend of.
payable
quarterly
no
f
'
1942
6,546,441
Income from investments
Dec. 24—
the
preferred
$6
Gas
$16,592,938 $16,226,651
taxes
(subsidiary
Net
to
Co., Inc.—Plans
on
declared
1
the-
on
Dover
Shore
1943
■
income^
General
Other
-
Jan.'3 to holders of record Dec. 20.
1942
1943
'Subject
t
384,789
taxes-—*
'
•
directors
The
Ended Sept. 30
Earnings for !) Months
:
income__j._._..____.„„_
(net)
production which
¥
•Net
888.
1942
$1,568,925
268,092
1943
1941.
8,
Aug.
Federal
p.
Dividend
The
dividend of 50 cents per share on the
Eastern
Balance
Net
$1,888,752
•
General
i
$1,
par
distribution
similar
A
a
Income
Total
Net Income
"
-
directors have declared
The
post-wa,r
benefit
and
revenues
Statement
Sept. 30—
it
Subsidiaries)
income
Deductions
29, 1942.—V. 156, p. 2130.
—
$1.50
of $600,000—
Sept. 30—
Subsidiaries,
and
Co.
and
depreciation..,.
Operating
semi-annual
with kix cents each
compares
30 and Dec.
June
on
if
Subs.)
1,584,813
'(Peter) Fox Brewing Co.—Earnings—.
'.
Sales
par
'
Co.
Power
taxes
Other
dividend of eight
payable Dec. 30 to holders of
directors on Dec. 8 declared a
per share on the clkss A stock,
on'
value, payable Dec. 16 to holders of record
Dec.
6.
This compares with 12M? cents pa'd on Aug. 16. last, and
25 cents each on Feb.
15 and May 15, 1943.
Distributions of 25
"cents each-were made in each quarter during 1942. - ■ ,
the
Service
Water
(Incl.
1,083,416
for
Federal
Total
Other
involved
time will
of
consummated,
,
Foresight Foundation, Inc.—Larger Distribution—
-'
Profit
Dividend of 10 Cents—
declared
have
directors
The
•
Statement
Income
purchased for
Provision
Gross
$300,000
158, p. 1551.
be
expenses-.^-.
Electricity
according
cents.— V.
great, deal
a
Maintenance
158,
capitalization of this company has been increased from $250,000
by the issuance Of 10,000 new shares of stock, ($5 par),
The
Solyo
legatees, the. California Institute of Technology,. Scripps Institute, and
the Los Angeles. Memorial Library.
It was estab'ished in 1920 by Mr.
Nil
-
...
Excelsior Insurance Co. of New York—Stock
to
El
packing plant
vegetable
and
operating
problems
many
that
possibly
founder of
201,919-
tLoss.
profits taxes
>
.t$8,818
-v 201,919
$0.45.
$0.23
and excess
'After Federal income
1636. ''."
...
■
•'
1941
-
$90,222
232.919.
outstanding-,--.^-
Earnings per common share———
The
.
194?
-
$54,621
fruit
throughout the United States.
•,
•
'
The
ranch was bought from the Estate of the late A. C. Balch,
the San-Joaquin Light & Power Co., through Mr. Batch's,
•Earnings—
Eureka Vacuum Cleaner Co.
'
)
12 Months Ended
Total
were
and
Public Service Co.
livestock grower., The purchase price was. approximately $1,000,000. -The ranch produces prize -hogs /and turkeys,
operates its own
tion.
Tide
Light Co.,
Joaquin
Mateo
there
could
all.
Virginia' Public
(Excluding
of. the
fresh
at
Consolidated
'
Holders
that
transaction
transaction
consummated
be
El
4,400-acre
emphasized
Barnes
consummating
elapse
El Solyo Ranch-
largest farm land deals in recent years,,
Solyo Ranch, lying in the fertile San
the
Mr.
in
can
•
of
mies.
Bowers will be
Mr.
Jose,
director of industrial relations
according
corporation,
Anderson-Barngrover
San
appointed
haSbeen
Bowers
President.
*
Erie RR.
A.
this
of
$1,867,588
$0.98
—
back
case
market, the value of such an offer would give to each class
of Virginia Public Service Co. preferred stock cash and/or securities
having a value equivalent to par plus accrued dividends on their stock.
If the plan is consummated, Virginia Public Service Co. would call
for redemption all of its present outstanding debentures In the amount
present
operation
1824.
p.
the
referring
Food Machinery Corp.—-Industrial Relations Director
Glenn
-.2,256,084
Dividends
Court
hearing is
order by a Florida
The
case.
2251.
p.
$4,123,673
2,256,084
Balance applic. to stocks of Eng. Pub. Serv..
on
pfd. stock of company,————
;
67,834
63,650
207,092
dividends declared-—-.
Preferred
-
hearings in the reorganization
to be held to take additional evidence following
further
17
Jan.
dividends
just
paid
had
been
declared
by the directors,
at a
held on Sept. 2, 1937, payable on Nov. 1, 1937.
Prior to
payment date there had been a decline in the market value of
securities in the portfolio of this corporation to such an extent as t6
create an-impairment of capital of this corporation.
In view of these
meeting
the
Operating revenues
Operating expense
Depreciation
1858.
p.
The
Net
Co.—Renegotiation Completed
has completed renegotiation of its 1942 war contracts
to refund $2,100,000 to the Government by Dec. 31,
company
has
agreed
of
renegotiation
against
the
statement,
1942
the
In
1943.
■
Net
194,488
425,241
56,973
«.
———-
Net
Federal
taxes—
income
income
State
taxes
income
8,546,144
2,784.353 *
number of com. shares outstandingper share of common stock—
6,811,586
2,792,075
$3.02
makes
This
Corp.—Debt Reduced—
principal amount held in the treasury.
of bonds which has been
r-v.
158, p.
Co.—Stock Issue Approved—
dividends.
accrued
The
of
shares
,
reduced
stated
The
directors
The
the
the
be
2%%
Dec.
35
to
Co.,
Realty
Ward
Ninth
security
as
beginning Jan,
the
be
will
1,
rental
Net
installments.
and $100,000
annually,
$365,000
the
for
20
Cash
to
a
Gimbel Brothers, Inc., stated the transaction will result in lower
fixed operating costs, an improved balance sheet through elimination
of mortgage debt and real estate and an increase in current working
Capital through allowance for Federal income and excess profits taxes
on the loss established by the sale.—V. 158, p. 1441.
A
March
158,
p.
":A;
.
sponsored
declared
Dec.
celling its
$400,000..
The
the
158,
Gobel
of
debentures,
"
representatives
formulating
of
face
plan,
is
it
Dividend—
directors
Dec.
have
stock,
common
declared
Distribution
16.
on
Dec.
cn
April 1,
last.
24,
dividend
a
of
50
on
value, payable Dec. ,23 to holders of record
25 cents per share was made on this
issue
of
The
previous payment
1930.—V.
158,
was
a
quarterly of 62 V2
cents
984.
p.
five
of
Extras
17,
The
directors
the
each
on
Dec.
Dec.
on
J.,
with
24,
17%
and
1942,
on
a
paid
of
dividend
24
Dec.
cents
cents
35
holders
to
of
first
the
paid—V,
14.
Dec.
Surplus
(W. T„)
cents
1943—Month—1942
158,
1937.
p.
•
declared
have
Period Ended Nov, 30—
—V.
1943—Month—1942
$6,056,349
____
158, p.
sales
each
paid
were
The
$5,687,290 $52,611,402 $48,386,563
1937.
Chase
St.,
receive
convertible
National
New
bids
for
bonds
Interest.—V.
Bank' of
York,
the
157,
N.
due
p.
Y„
to
it
June
1,
sale
the
will
of
City
until
of
12
New
o'clock
up
to
$100,000
of
1945,
at
prices not
York,
noon
trustee,
Dec.
on
collateral
to
lien
exceed par
dividend
a
of
$2
sales
of
"Cost
&
expenses
Total
Other
Fed.
1942
1943
11
20
6%
and
16,389,296
>
$2,9151518
374,201
2,550,917
399,398
profit——
I
income
"share
per
191,442
Consol.
profit
in
11,158,955
59,045
net
82,308
Divs.
$1,479,648
69,930
124,685
profitpfd. stk.
5%
pfd. stockcl. A com. stk.
on
Div-s. on cl.
or
"Both
Interstate
and
Union
Pacific
buses," Mr. Wickman
said,
""provide supplementary rather than competitive service west of Chicago
existing Greyhound routes.
Both companies have been operating
B com.
$1,853,267
69,930
124,685
700,000
700,000
,
500,000
500,000
stk.
as
connecting lines for Greyhound
state
use
that
the
Union
Transit
the
trade
has
been
Pacific
and
RR.
Union
name
will
for many years. Our investment in
operation or service in any way,
Pacific
'Overland'
combined
our
continue
complete control.
Inter¬
have obtained the right to
Stages
from
trade
in
the
Union
name
of
Pacific
RR.
'Greyhound.' "
and
with
committee
been
156, p. 2132.
.
y
to
represent
the
holders
of
first
A
mortgage
formed
of
The
has
Corp.—Registers Stock Issue—
registered
under
the
Act
Securities
40,000
5%
corporate
uses.—V.
directors
on
the?
six
158,
30
Nov.
for
share on account
';
1940
Gas
Natural
corporation
share)
per
stock,
"
2191.
p.
•
of
with
158,
75
$1.25
cents
of 3%
dividend
21
share
per
21,
Dec.
on
1938.
p.
a
cents
(75
per
ending Dec. 31. 1943, and a dividend o£
of accumulations on the 6r/e cumulative pre¬
both payable Dec,
$25,
par
declared
months
distribution
A
compared
1942.—V.
llectric
Howell
The
directors
share
$2,633,527
266,512
the
on
holders of
to
made
was
1942,
and
A:.'?.-'ysA
.
75
oh
record
Dec.
30,
last,
June
cents
on
June
30,
y/A'Ay'A' ■'
y-'
Dec.
30 and
Sept. 30, last.
20,
June
15.
$1,
par
distributions
a
12 V2
of
dividend
payable
Dec,
made
were
28
cents
per
holders
to
March -30,
on
of
June
Payments of 10 cents each were made on March
and
30
Dec.
1942.—V.
29,
157,
1180.
p.
A
*
Cement Co.—Christmas Dividend of 15 Cents—
The directors
declared
1
Dec.
on
share in addition
per
declared
27
stock,
Similar
Sept.
20,
Ideal
94,485
•
Motors Co.—12 V2-Cent Dividend—
Nov.
on
common
record
subsidiaries
a
Christmas
dividend
the usual quartei-ly dividend
to
of
of 35
15
cents
cents per
22 to stockholders of record Dec. 10.
Extras
paid on Dec. 22, last year, on Dec. 22, 1941,
interests
1943
30,
I
;
'
Of
$1,094,919;
assets,
plant
property,
for depreciation, depletion and: amortization of
goodwill, trade names, etc., $570,000; option
gasoline contract (less reserve of $187,347), $12,153;
charges, $222,163; total, $15,993,399.
' .
/-
(less
deferred
D.
taxes
on
(less U.
income
S.
term
Treasury
to
long
of
debt
subsidiaries,
unconsolidated
notes
tax
$21,749;
of
to
U.
share
of
S.
Seatrain
that
upheld
the
transportation
$211,324),
to
concern
The
.
of
peacetime
La.,
-
road,
ships
transport
fully
loaded
-
,
■
■
.
by
;.
with
.
Seatrain, which
and
Belle
Havana
freight
railroad
1133.
interchanged
•
.
switching line, is owned
between
Hoboken,
a
operates
to
traffic
on
1
cars,—V,
■
158,
.A
ordered
a
pay
directors
that
it
has
been
saving in expenses.
[Distributions
1943,
decided, beginning in
of
five
cents
per
' "
share
were
1944,
the
every;four.weeks
.
A
of
Estate
\
trustee Charles Cb Rundall, forjner Pres¬
who was directed to set the sale
v.:'.'
y
,•
:
A
ended litigation extending over several- months.
The suit
Miner appointed
Judge
ident
for
the
of
Dec.
Illinois
21.
The decree
the
Bar
as
Association,
and policy holders of the stock
and the late
amounting to 400 shares.
close as nefarious a conspiracy as was
by the company
lecovery
by the estates of Martin/ amounting to 1,600 shares,
T.
"This
ever
Sawyer,
decree
Treasurer,
to
brings
in
revealed
a
court of equity," said Judge Miner.
a
"Its fraudulent
steal the assets and goodwill of the Illinois Bankers
Life
Association
(the
predecessor company)
with over $109,000,000
dollars of insurance in force.
This perfidious scheme was conceived
objective
to
was
and
perpetrated
who
were
by
entrusted
faithless
with
the
all over
-
continue
trustee,
officers
and
directors
of
the 72,000
its management by
the
company,
policy holders
United States."
"It
,
\
■
to
is
Oct.
the
,1,600
shares
of
Martin
stock,
which
it
,
has
to
as
the
purpose
of this Court to
continue and retain the present
has been ably, efficiently, honestly and profitably managed since
1941; and the bank has faithfully performed all its duties as
3,
trustee."
,
the Chicago City Bank & Trust Company
directed
hold
under the supervision of the Court.
management of the company, including its acting officers and directors,
until the further order of this Court," Judge Miner said.
"The com¬
pany
=
paid
beginning Jan. 28. J—V. 158, p. 672.
A;.
-
,
'
dividends quarterly instead of every four weeks;,thus effecting
substantial
during
announce
I
a
original company, to return the sum of $160,000 with interest at
Judge Miner
The
<A
judgment. for $699,678 against the Estate
President of the Assurance company,- and
the late William H. Woods, President of the
also, entered
Hugh T. Martin,
late
scattered
Holliuger Consolidated Gold Mines, Ltd.—To.Pay Div¬
idends Hereafter' Each Quarter—
to
\
late
stock company.
a
Court
the
Arthur
6 an Interstate Commerce
is not "entitled to a larger
Dec.
company
charges
Lines, Inc.
Hoboken
The
Court
Supreme
decision
the
.
upon
brought by 12 policyholders, who
Hugh T. Martin,
former President, offered
$225,000 in bribes to induce conversion of the company from a mutual
the
that
involved
Commission
;•
A A
y
v-":
Court's order for an open sale came after
the bid offered by himself in association
McMahon, Norwalk (Conn.) lawyer, now of Washington,
a
group of Boston
people.
Mr. Buckley added that he
bid at the judicial sale Dec. 21 and indicated he would
and
alleged
,
Appeal—
•
Julius H. Miner, head of the Chancery Division
111., Circuit Court, ordered the 2,000 shares of
make approximately, the same offer A
The coming sale, will climax a suit
within one
due
year $41,629;
long, term debt
(excl. portion payable within one year), $107,315; reserve for contin¬
gencies, $75,378; deferred income, $7,805; minority • interest1 in sub¬
sidiaries, $660,351; 7%
cumulative prior preferred stock (par $100),
$999,000; 5%, cumulative preferred stock (par $25), $2,493,700; class
A common stock
(par $1), $500,000; class B common stock (par $1),
$500,000; capital surplus, $241,597; earned surplus,. $7,812,082;' total,
$15,993,399.—V. 154, p. 1699; V. 157, p. 164.
portion
due
amount
y:';'
following long litigation in Illinois courts.
Judge
County,
disagreed
Brien
C.,
intended
payable, $653,786; accrued gasoline, local and
$826,764; other accrued accounts, $2,673; provision for
taxes,
y'-;J
.
policyholders.
Buckley said the
sellers
with
reserves
$1,049,570;
A;'A
■
Dec.
on
Mr.
$49,243;
fees,
156, p. 2132.
stock, estimated to be worth $1,500,000, be sold in the court¬
21, with the proceeds being turned over to the company's
company
the
20,
Cook
76,000
equip¬
and
ordered
Nov.
the
room
unconsolidated subsidiar¬
$1,602,003; inventories, $1,019,696;
$222,199),
reserve
of
and other
were
1940.—V.
Buckley, Newtown, Conn., on Nov. 21 disclosed that financial
he was a principal had offered a bid of $1,550,000
of the common stock of the above company, sale of which
been
On
r
21,
in swhich
100%
for
had
of receivables from
current portion
(less
Paul O.
;
■
Dec.
—Sale of Stock Ordered—
in = 1942, $252,.
each
cents
on
Illinois Bankers Life Assurance Co. of Monmouth, III.
accounts
and
notes
$95,284,
600,000
600,000
700,000 '
.700,000 A
.
35
and
$1,885,236; U.
S. Government securities, $399,626;
receivable and other current accounts (inch
Assets—Cash,
trade
of
'■■'-■A'A- •A-';;A:'-':'y
.A'Y-:.'A-A
AAA;
$2,013,418
69,930
124,684
$2,349,136
69,930
124,685
equity in the undistributed net profits of un¬
for 1942 amounted to $24,887 and $20,388 in
companies'
Note—The
-
them will not affect the management,
since
5,721,807
$20,463,488 $17,135,309
by 493,944 no par shares.
tRepresented by 28,944 no
tAfter resgrves for depreciation of $4,223,484 in 1942 and
1942.
11 Accounts payable, including wages, salaries and
$1
•'•A
depreciation,
tlncludes in 1943, $163,100;
and in 1941, $163,675 for excess profits taxes.
725
p.
for
6,017,286
—
Houston Oil Co. of Texas—Accrued Dividend—-
as
-
104,451
;
"Includes
Chasse,
Lines
Dr358,414
preferred stock
($50 par).
Of the proceeds, to be
obtained from the public offering, $550,000
will be used to redeem
10,000 shares
of
7%
preferred stock and the balance will be for
the
on
1941 A'.
•
VA '•
1
,
prior
on
in
Transit
Dr358,414
share, both payable Dec.
The
Interstate
in
Houston
The
$3,680,579 $2,900,039
213,597 V. 284,812
fl,013,394 ;.'J 507,325
195,189
1,220,180
,
tax——
subsidiary cos
no
the control or management of either
Union Pacific Stages.
1.445,400
6.116,586'
6,116,586
—
—j.
———1
protective
held
in
—
—
■1—-—
shares
'
$3,375,261
305,319
$3,289,719 '
$2,950,315
expenses
income
E. Wickman, President, on Nov. 29 announced that
through the
purchase of stock from the Union Pacific RR. the Greyhound Corp.
Las acquired substantial minority interests in the Interstate Transit
Lines and Union Pacific Stages.
Future operations will be carried on
under the name of Overland Greyhound Lines, although there will be
change
1,445,400
—t
—
——
consisting of Philip V. Brown, Henry D.
Shuldiner and Henry M. Weitzner, with C. A. Sherman, 120 Broadway,
New York, N. Y., as Secretary.
.
,
2250.
C.
254,181
350,000
16,873
16,187
Hotel Olcott, N. Y. City.—Protective Committee—
A
"A.
AA'A
17,816,093
15,538,484 12,849,225
oper.
~
Minority Int..
Greyhound Corp.—Further Expansion—
-
';
y
$18,940,213 $20,731,611 $18,913,744 $15,482,752
Hoboken Manufacturers RR.—Loses
.
$20,463,488 $17,135,309
A'
'
200,000
stock-—L
—
certificates has
158, p. 1034 /'A,'
(& Subs.)—Earnings— ;
——
sundry
1943-^-10 Mos.—1942
Grocery Store Products Co.—Tenders—
Broad
y'
-
——
other accrued expenses.—V.
p.
Years End. June 30—
Net
Federal
(II. L.) Green Co., Inc.—November Sales—
,
78,238
313,522
contingencies
shares.
par
Liabilities—Accounts
Sales
304,664
—
—
y
stock
$3,699,231
$5,327,496),' $9,138,360;
Ay '
'
--
.
5,082,125
—
252,588
—
10.
ment
1943—11 Mos.—1942
$14,969,025 $14,379,879 $140,369,360 $128,662,382
—V.
4,565,948
5,547,178
—
ferred
ies),
Grant Co.—November Sales—
Per. End. Nov. 30—
:
A—
3,808,443
6,833,069
"Represented
—
payment
158,
investments
Sales
for
"Common
powder section of the company's plant
announced by E. G. Crum, plant manager, who
was
Hickok Oil Corp.
share
per
record
25, last, and 35
Dec. 26, 1941.—V. 158, p. 2046.
.AAA
3,950,628
-
158, p. 1937;
cents
Consolidated Balance Sheet, June
June
on
$2,821,978
1,100,000
tCommon treasury stock
payable Dec. 14 to holders of record Dec. 8.
This will
on this issue since June 1, 1927, when $1 was
1937.
;
'Ay-; - ; ."'A:A A-A:' /'•"
.stock,
common
be
consolidated
declared
2
stock/payable
common
compares
Oct. 31, '42
.-A—_
:
general
Granite City Steel Co.—35-Cent Distribution—
on
'
/
>
—
——
—„
Cumulative preferred
30, last, During 1942, the company
payments: March 31, June 30 and Sept. 30,
extra
pro¬
v
.
$2,940,414
u-....—Y-y
Minority interest in capital slock of subsidiary
smokeless
the
N.
directors
1943.y,
This
Sheet
1,450,610
Heywood-iWakefield Co.—To Pay $2 Common Div.—
The
said.—
share
per
..A
$2,138,267
completion of contracts with the British Mission of Supply
Divs.
cents
Balance
$199,040,
of
(less excess
$3,101,243
forced
the suspension, according to an Associated Press dispatch, which added
that 400 employees received their final pay checks.—V. 158, p. 2252.
par
no
Government securities
Reserves
dividend of 25 cents per share
extra
an
and Dec. 26, 35 cents.-—'/.
of
Parlin,
said
of
Gotham Hosiery Co., Inc.—50-Cent Common Dividend
The
taxes
income taxes
Hercules Powder Co., Inc.—Closes Plant—
Closing
Divs. on
the
$3.19
,
Oct. 30, '43
__„ ____
HAccounts payable
in
are
security
social
.
Total
.
"
at
I
groups1
creditor
for
amount,
.<
various
reorganization
A
new
a
2046.
p.
$500,000
y-Y
and
of
process
V.
support
holdings
'
trustee
$260,867,
".'.Liabilities—
and Sept.
30
June
following
Other income
Argentine Meat Producers Association,
re¬
of a proposed plan of reorganization by
the
by
its
$2.38
taxes——3,669,428
Dividends payable———————
255,772
declared
6
12, a year-end of 65 cents.—V.
have
cents each;
five
in the reorganization proceeding is scheduled before
federal Judge Alfred C. Coxe on Dec, 20.
Meat Products Development
withdrew
$2.71
,
475,000
-
;,AA:H"
-
,
A'
Prepaid expenses
hearing
cently
465,000
,
tProperty, plant .and equipment
permit
told
Dec.
on
record
of
31,
the
Operating
Gobel, Inc.—Hearing December 20—
Corp.,
of
taxes
Sundry assets
payment. on Dec."*27
debenture holders of record
will
Northern
,
(Adolf)
local
Accounts receivable
regular quarterly dividend of 10 cents per share
the
holders
,
;
950,000
'
,
A'
'-y, A-.Ay
•••
y?
-.-a
taxes of $263,154, payroll taxes of $313,890 and proand State income taxes, less excess provision of
——
U. S.
in
year
86,724
,
'
*
$10,627 for prior years) of $461,623.
Inventories
directors that the company during the
outstanding indebtedness in the amount of
2252.
'.
"A ,-v; AAA A
v-' /A:
Tigrett
B.
and Dec.
cents;
made
years
periods.
option
I.
directors
to
be returned
deposit to
the
payments,
rental
for
annual
in ' 10
which
RR.
A
on
:•
The seller
Gimbel subsidiary, and the
a
of
Assets—
share on,
per
27
on'the com¬
mon
stock, in addition to the usual quarterly dividend of 43% cents
per share on the 7% cumulative preferred stock, all payable Dec. 27
Depreciated' book cost of the property to Ninth Ward Realtv Co.
is $14,750,000.
An independent appraisal places a value of $6,800,000
on
the .real estate.
Gimbel Brothers, Inc., is: to'deposit $1,000,000 in
Gimbel
$2.50
of
payable Dec.
(Walter E.) Heller & Co.—Extra Distribution
sold for $5,000,000 of which $1,000,000 will be
cash and the balance in mortgages to be assumed by the purchasers.
The sale is subject to a 20-year lease of the property to Gimbel Broth¬
ers and four successive renewal options of 20-year terms each.
to
dividend
a
value,
par
Orleans-Great
New
The directors
property will be
escrow
no
22.
and
of Philadel¬
A-A'A
'
465,000
$2.64
(no par)—
Total
buyer would be the Fidelity-Philadelphia Trust Co., trustee for a group
of institutions, including Princeton and Cornell Universities.
The
declared
8
stock,
Northern
Orleans-Great
of
special meeting to be held in New York City on Dec. 16,
The rear estate consists of the store buildings and site.
would
465,000
-
86,724
940,000
(
.
.
on
Consolidated
will be voted on by
store,
big
,
Federal
for
vision
a'year-end dividend of 65 cents
per share on the common stock, payable Dec
13 to holders of record
Dec. 7.
This compares with 35 cents paid on Sept. 13, last, and 25
cents each on March 12 and June 12,
1943,.
Disbursements \ during
1942 were as follows:
March 12 and June 12, 25 cents each; Sept. 12,
outstanding common stock is
preferred to 21,875 shares,
is cut to $4,821,810 from
'■'/
86,724
930,000
.
.
estimated, provision for. Federal normal income tax and
$1,003,950; and State income taxes of $70,300, less excess
of
§ Includes
(M. A.) Hanna Co.—65-Cent Year-End
estate in Philadelphia, which houses
the preferred stockholders at
1943.
company's real
the
of
sale
firm's
Dec.
on
preferred
$5
The:
company
,■■.■■■
■
:
1,600,679
Provision, for
.
Brothers, Inc.—-To Vote on Sale
Gimbel
phia Property—;
y
——'A
•
$36,167 for the preceding year, of $435,183.
holders of
record Dec.
17.
This payment
is for the last six months of the
current year.
A similar distribution was made on this issue on Oct,
14, last, on Dec. 15, 1942, and on Dec. 27, 1941.
The
directors
also
provided contingent • rental payment : to
New
the
$3,643,000.—v.
158, p. 2191.
$4,998,235 previously.-7-V.
a
the '6%
526,862 shares and
capital of the
to
the
while
714,997
655,875
SEC.
according to a statement filed with the
As a result of this action,
the total
86,724
930,000
y'
stock
tlncludes local
past year had reduced its
has retired 285 shares of common stock-(par $5) and
6% cumulative preferred stock, series A (par $100)
company
1.750
stock
Vision
"
Nov. 19, authorized
preferred stock, of
which 65,000 shares were recently offered (see V. 158, p. 2045).
The
proceeds of the new issue will be used for plant expansion and redemp¬
tion of the old $100 par value 6% preferred stock presently outstand¬
ing.. Stockholders also approved redemption of the old stock, which
bad
been "called by the company for Dec. 31 at $105 a share and
new
———
1,192,670
stock-
Bond Interest Set Aside—
_
stockholders, at a special meeting held on
issue of 75,000 shares of $100 par value
The
350,000
1,347,798
.
AA-A:
"...
1637.
President
a
—L—
preferred stock
share
A.
1
.
1,312,203
-
common
;
provision of $12,381 for prior years.
•
tlncludes Federal normal tax, $859,450; Federal excess 'profits tax,
$1,800,000; State income tax, $100,275; credit for excess provision for
Gulf, Mobile & Ohio RR.- -$2.50 Preferred Dividend-
since the first of the year according to reports
filed with the SEC.
In the period from Jan. 1 to July 31, 1943, the
company acquired
$746,000 of bonds through purchases in .the-open
market; from Aug. 1, to Sept. 30, 1943, it acquired $577,000 additional
bonds,
of which $86,000
were purchases in the open market and
$491,000 by bond tenders.
•
■ ■
'
The statement to the Commission said additional amounts may be
purchased.—V. 158, p. 2045.
■/
A:
General Tire & Rubber
$1,012,227
Crl0,523
18,286
A
provision for normal Federal and State
acquired
total of $2,000,000
a
123,374
,
prior years, $20,107.
deducting post-war credits—
net income applicable to
Pennsylvania Greyhound Lines, Inc.——
corporation
the
38,818
"Includes
1,931,800
.
V*After
ended Nov. 30, 1943, the corporation acquired
$677,000 additional first mortgage bonds, 5^%, series A
due Juljr 1,
1949, reducing the amount outstanding on Nov. 30, 1943, to $9,477,000,
exclusive of $5,323,000
*1,061,869§921,530
net—
common
surtax
$2.39
3,097,140
earned
:
•
outstanding (no par)„
$9,317,965
2,506,380
'3,042.040
to stock of subsidiaries-—.
tNet applicable to stock of corporation-—
Average
Amount
'
$11,588,184
—-—w———
applic.
59,105,387
545,190
A—_A
575,818
100,000
Earnings, per
—
months
two
on
com.
income
Net
Net
62,252,959'
taxes—--13,321,707
for
on
Shares
27,564,363-. 17,151,502
4,177,132
4,634,755
—-A---LA
688,844
485,740
——-—_
•[Includes equity in
the
contingencies-
income
Divs.
$44,018,523 $31,589,963
—-
tax—
123,036,725 115,951,036
600,844
596,712
,Prov. for possible tax &
other
adjustments—'
DivS.
—I
—
profits
excess
74,598,633
Al,890,330
sell,
exps._.
charges,
'
,
'40
—i-L
68,889
extraordinary expense-
post-war
income
"Federal
Utilities Corp.—Annual Meeting—,
that the yearly meeting has
teen called for Dec. 15 but no quorum is expected to be piesenl and
it will be adjourned to Jan. 26.
The company said aud tors had been
unable to complete the audit of the yearly report in time to comply
with
the Stock Exchange ruling which requires that yearly repoits
be sent to holders at least 15 days before the yearly meeting and nn
order
to avoid a recurrence the company will propose that yeaily
meetings be held on the fourth Wednesday in January beginning with
1945.—V. 158, p. 1441.
...J'
A
-A
General Steel Castings
for
Miscell.
274,361
424,306
906,100
—
intangible property——
of
for
deductions
Other
I
sold,
amort
Deprec., and
A.—-—-—— $45,613,241 $32,345,603
—
Provision
notifying holders
is
corporation
prod,
administr.
Prov.
.
—
;
,
.A $45,092,129 $32,023,779
521,112
321,824
revenue_—
—
Amortization
&
Realty
General
by
of
$
•
.
.——A—128,410,297 119,430,789
sales
Cost
"
'
■
Provision
Net
In
1
Oct. 31, '42 Oct. 25, '41 Oct. 26,
$
$
$
Oct. 30, '43
Fiscal Years Ended—
'
.
.
income
Total
$2,214,000' from
$852,548,
.
—
-
Interest
Provision for excess
prices.
contract
war
operating
income
Other
had set aside $1,600,000
company
profits taxes, less post-war refund, has been cut to
$2,619,000, and final net income for 1942 has been put at
instead V $917,549 as originally estimated.—V. 158, p. 1034.
The
(Geo. A.) Ilormel & Co. (& Sub.)—Earnings—
1942
1943
__„_„_$112,112,416 $90,138,928
——60,995,437 52,127,468
. 6,024,849
5,987,681
——
and
General Railway Signal
and
(Including Subsidiaries)
Sept. 30—
9 Months Ended
of directors these dividends
would be
preferred stock of the cor¬
poration of record at the close of business on Oct. 15, 1937.—V. 158,
should be directed by the board
payable only to holders of the
payment
Account
Income
future
the understanding that when
payment of these dividends with
Monday, ^December 13, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
2362
-
-
.
.
'
'
•
-.
'
'
.
•
"
Volume
the company, and it is estimated that about 25 % of the re¬
will be required'for the expense of the sale, including selling
and legal expenses.
-The 757f>
which the company exepects to receive will be deposited
in a separate trust fund and will be used t1? drill 18 locations avail¬
able on its Moberly B and C lease acreage, each of which is expected
to cost approximately $20,000 to $22,000.
The company also expects
to use part of the proceeds to pay all or part of obligations incurred
Mahoning Coal RR. Co.—To Pay Div. of $6.25—
to
go
which was
shows admitted assets
capital of $25,327,256.
The report states that the company on the basis1 of its assets values
reflects a solvent financial condition.
The report covers the operating
period from Jan. 1, 1940,through Dec. 31, 1942.
Examiners from
the
departments of Texasf Ohio and Missouri joined with Illinois
examination of this company last month,
.The report of
2363
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4237
158 '
ceipts
filed
by Director of Insurance Paul P. Jones,
of $26,613,459, as against total liabilities except
directors
The
commissions
examination.
I The company was organized Sept. 13, 1929.
It is licensed in Arizona,
Arkansas, District of Columbia, Florida, Illinois, Indiana, Iowa, Kansas,
Maryland, Missouri, Nebraska, Ohio, Oklahoma, Texas and Virginia.
'
Officers of
the company
are
Frank C. Rathje, Chairman of the
executive committee: E. H. Henning, President; Hugh D. Hart, VicePresident
and
director
of
agencies;
O.
F.
Davis, Secretary and
Manager of the Accident & Health .Department; George E. Fidler,
"Treasurer; Robert J. Clendenin, General Counsel, and Henry G. John¬
son, Assistant Secretary.
examiners in making the
and
1
Dec.
The
Dealer's discount
due 1951, at a fixed price of 64V2 net.
iy4 points.—V. 77, p. 250.
Corp.,
ing to an
—V.
approxi¬
•
adjusted in caslj at par.—V. 158, p. 2253.
Nickel
International
Ltd.
Canada,
of
Co.
—
•
issued
certificates
of
»
Lincoln National
.
the regular quarterly
dividend of-
1938.
/
'■
7
'
■
'
V;
International Utilities Corp.—To Redeem
;
v
face
record
name
158,
is
>
7
••■:/7 "7/
for 6 Months Ended Oct. 31,
assets
current
of
as
.''7-/ "7
The
Oct.
31,
1943,
Interstate Department Stores,
Sales
-
.
1944
Dec.
'
Wayne,
have
,margin
to
increase capital
$1,000,000 from
to
of
voted
transfer
entire
Inc.—November Sales-
for redemption
■
•
announces
company
share
the
on
share
payable
cents
shares
on
were
"K-2"
series
the
on
both
"B-l"
series
Dec.
the
15
series
made 011
a
decided
1, 1944, a total
-total
bonds
price
a
price
is
60%
of
Nov.
The
of
no
1943.
Sales-
-v——.
directors
class
the
on
holders
made
B
common
share
of
and Sept.
declared
3
stock
of
the
B
this year, and
25,
1942.—V, 158,
common
stock
common
Jan.
011
on
of
and
723.
United
the
the
directors
common
have
declared
stock,, payable
distributions
last,
compared with 50
as
The
,
directors
5%
the
31—V.
Dec,
semi-annual distribution of 67 cents per
bond fund shares and one of $1.75 per
appreciation preferred stock fund shares,
•
also
made
were
the
full
Finance
par
per
62
States
p.
Canadian stores a year earlier.—V.
—V.
158, p.
1943—Month—1942
were
The
011
on
added.—V.
Gross
Dry
'
To
tons
low
Tons
$98,561,396
its
Value in
ore.
grade
.
company
the
distribution of the
will open a New York office.
shares to its stockholders,
the
All proceeds of the sale will
7
per
_—■———-
3,783,382
$3,049,413
1,884,865
$1,193,906
—
$1,164,553
65,227
66,940
$1,259,133
620,120
$1,231,493
1,014,652
■—__
——_
for
doubtful
.
11,323
13,692
$627,689
$203,149
171,046
47,832
accounts
profit
———————
charges
*
*.
—
income
Provision for Federal excess
Provision for State income
tax
(estimated)--
taxes
(estimated)
50,000
12,500
170,000
.
profits tax (est.)—.
;
—
11,000
—_
Dec.
Oct.
$275,643
income—*-,
Consolidated Balance
-
share on
4,000
.
1943
banks and
in
U. S. Government
on
Inventories
Erection
$1,379,321
:—400,019
(net)————
receivable
Accounts
hand
securities
in
723,471
175,166
138,308
726,394
162,639
29,243
3 40,539
791,484
178,443
37,397
$4,732,421
$3,783,018
$604,421
$111,372
22,741
(estimated)---—
progress
(not used in oper.)__
and equipment——
Patents of subsidiary company (net)——
plant
charges
Prepaid expenses and deferred
—_
488,200
481,329
—
contracts
1942
$1,423,483
1,240,001
—
—
•■'Property and equipment
tProperty,
$88,817
Sheet, Aug. 81
Assets—
Cash
31;
25,
$1,000,000
158, p.
loan
from
the
Total
Reconstruction
———
————
—-
Liabilities—
1349.
Accounts
,
payable
Contract payable
Dealers'
1943—11 Mos.—1942
$5,648,001
$57,567,001 $52,148,810
Ltd.—Report—
able
.
material sorted
—
a.
_
*
,
124,999
5,000
milled—
of Extraction
„
produced and marketed
3,996
21,461
".301
98.53
$245,393
(current portion)*
installment contracts,
on
5,000
pay-
collections--*--
5,026
1,859
■—
——
1,215
2,707
liabilities—:—
28,324
13,508
miscell. taxes—
Provision for Federal income and excess profits
51,926
36,808
181,000
98.377
17,829
25,573
42,032
30,621
Interest
.'*
bonds—.
on
and
Insurance
miscellaneous
Federal and State soc, sec. and
and
25,457
profits
from
State
Dealers'
income
taxes
deposits
S-year 5%
—
installments)-1st mtge. conv. bonds, due May 15,
payable
(in
quarterly
80,900
1944
Reserve
for
Capital
Capital
Paid-in
60,000
stock
surplus
contingencies
— *
surplus
—
2.262,765
111,480
$4,732,421
$3,783,016
—
Earned surplus
*
183,900
60,000
2,331,431
111,480
123,033
983,624
.
88,700
707,981
158, p. 773.
McLellan Stores Co.—November Sales—
Sales
—V.
1942
1943
.
$4,977,288
—
Provision for Federal
25
.
hoisted
Period Ended Nov. 30—
facilitate
and we aro
Statement, Years Ended Aug. 31
/
Miscellaneous
also
June
$500,000 V-loan with the Guaranty
Nov, 17.
The company has paid off in
Canadian funds of bullion
"Ounces.—V.
,
common
Income
——■
operating iucome
admin, and general expenses
Operating
1 V\r/o
and on the 5% cumul.
15 to holders of record
1943—Month—1942
tons milled—-—'—-
Percentage
stock.
for us to make any adjustment
March," Mr. Martin said.
"No
158, p. 2254.
aircraft.—V.
on
profit
Provision
daily average of 233.3 tons was milled during this period.
Total
1943—11 Mos.—1942
with the
issuance
last
issued
;
Contract
corporation recently filed a registration statement
and Exchange Commission covering the proposed
to its own stockholders of 20,000 shares
($35 par)
therefore,
statement,
—
income
Selling,
Quarterly Report for the Quarter Ended Sept. 30, 1943
Average grade of ore
sale
company.
unnecessary,
a
McKenzie Red Lake Gold Mines,
Kupp-Flaherty Oil Corp., El Paso, Texas—Stock Reg.
and
Army
of sales
Other
1
1939.
Securities
.
,
the
'
Sales
Cost
25, 1943.
regular quarterly dividends of
$6,114,380
158, p. 1939.
$11,319,141 $11,046,338 $105,861,395
——
the
be
Consolidated
November, 1943, the company operated 201 stores, as compared
with 203' stores in the same month last year.—V. 158, p. 1939.
(S. II.) Kress & Co.—November Sales—
Per. End. Nov. 30—
'~
excessive profits had
no
annual
'
Net
In
American
com¬
Martin-Parry_Corp. (& Subs.)—Earnings—
McCrory Stores Corp.—November Sales-
•
this
Martin
'
Corp.—V-Loan Arranged—
was
Sales
A
Sales
ordered
30
Payroll, bonuses and commissions—*—:
1943—Month—1942
-1943—11 Mos.—1942
$19,050,254 $17,783,282 $176,626,651 $168,301,531
661
Nov.
on
"
Jan.
stock, par $25,
payable Jan.
due
it
cents
37'/a
..
it was announced
balance
of
1071.
Period Ended Nov. 30—
operation in November this year,
62 were in Canada, against 671
1173.
p.
heavy emphasis
^
and
Francisco—Fares Cut—
Commission
share
were
25,
to holders of record
April 24, July 24 and
both
$100,
158,
Corp.,
on
the
corporation has arranged
Trust Co,,
25
cents on
declared
Luscombe Airplane
The
Railroad
1349.
p.
pointed out that the operations of the company during
1943 were at approximately double the 1942 rate.
At the same time,
he pointed out that his company's efforts will be intensified greatly?
next year under the Government war production program which places
mort¬
(Ky.)—Dividends—
dividend
a
Jan.
cumul.. preferred
stock,
preferred
158,
2254.
p.
Similar
to holders of record Nov. 30. Distributions of
"B-l" shares and of $1.30 on the series "K-2"
June 15, last.
in
stores
three regular quarterly dividends paid to share¬
months under review, totaling 32 cents per share,
the
company,
of
will
our
Mr.
27, April 28, July 28 and Oct. 27,
Louisville Gas & Electric Co.
The
158,
the
Net
-
The
and
31
.
each
March
27,
Oct.
Accordingly,
second
cents
cents
25
Jan.
previously ended on Jan. 31.
will simplify tax accounting
Fund
of
provision for refunds had been made in that statement,
gratified to report that none now is required."
usual.quarterly dividend of 37V2
stock, both payable Dec. 23 to
Distributions
Dec. ,15.
class
25
the
Completed—
of
"It
in
(Del.)—Dividends—
of
.
wa3'
reduce its San Francisco street car fares from 7 cents to 6
effective Dec. 21.
The competing Municipal Railway charges 5
President
;
dividend
a
the
and
the class A
on
record
the
on
Dec.
on
from
1943,
been made on the 1942 busi¬
Renegotiation Board has arrived at
an agreement
with the aircraft company under which no refunds will
be required.
This announcement was made Dec. 10 by Glenn L. Martin,
'
the
Of
in
to
Finding that
ness1
!'
t
;
Louisville Gas & Electric €0.
The
Acquisition-
Sales—
of
California
tion
100 Franklin Street, Boston, Mass."—V. 158,
Trust Co.,
portfolio holdings
(Glenn L.) Martin Co.—No 1942 Refunds—Renegotia¬
in.
and
•
End Nov. 30—
on
$11,280,998
Fund.
year-end
$2,934,484.—V.
cents.—V.
arranged the funds to
holders
on
from
to
cents,
the face amount of such bonds,
adjustment will be made for in¬
The amount of second mortgage
of
and
1,
all
to
of
pany
V
offer
"flat"
since
accrued
to
voted
appreciation
value
Each of these figures as of Oct. 31,
Market Street Ry., San
of the holders of these bonds are desirous
many
in
rose
sale, tender or call.
These' extraordinary dividends for the
months totaled a larger amount than was paid to shareholders
extraordinary disbursements during any previous full fiscal year.
Since inception in 1938, the Fund has distributed to shareholders a
in
at 60.
sold
prices
the company readily to give timely
Gross
Inc.—Distributions—
(S. S.) Kresge Co.—November
unrealized
year
a
been
of"
reduction
a
.
market
lines
Offer Made to Holders
—
1279.
p.
the dividend on the series "B-l" shares is derived
entirely from investment income and that on the series "K-2" shares
includes 50 cents from investment income and $1.25 out of realized
Pel'
Manhattan
$11,592,088
nine
Treasurer, on Dec. 8
that
Safe Deposit &
profits.—V. 158, p. 1859.
1943,
from
through
the company is necessarily restricted,
and the company therefore reserves the right to terminate this offer
at any time, without notice,
"Bonds
tendered for sale at this price should be sent to Boston
payment of
The
Towers Go.
have
offering
terest
on
The
to
addition
per
bonds which can be purchased by
Upon completion of the acqui¬
sition, French & Hecht will be operated as a subsidiary of KelseyHayes, he said.
French & Hecht is located in Davenport, la.—V, 158,
•,
Oct. 31,
value
asset
extraordinary distributions were made.
These totaled 25 cents
share, and were derived from net profits on bonds disposed of
f
,
•director-k
ithe
the
of
have
all
embrace
now
stores.
our
factors,
regulations
such
they
limited amount of these bonds for retirement.
a
4%
gage
This
Mr. Kennedy stated.
.
and
because
instances
many
.
Davison,
directors
the
W. Kennedy, President, on Dec. 2 announced that the cor¬
poration had signed a contract to purchase stock of French & Hecht,
Inc. from certain stockholders of that corporation provided all stock¬
holders of French & Hecht become parties to the agreement.
Purchase
of all stock of French & Hecht would require payment of $731,280'
in cash and the issuance of 73,128 shares of class B stock of Kelsey-
.
in
in
until
time
liquidating their holdings, the company has
purchase
George
487.
net
three
It has resulted in reduced
'
the belief
"In
of
cents per
Keystone Custodian Funds,
$6,
permitted,
to
7
of bonds has been
first mortgage 5% gold bonds, due 1946, at 101 and
unapplied balance of sinking fund moneys.
Paymentat the City Bank Farmers Trust Co., successor trustee,
22 William St., New York, N. Y.—V. 157, p. 2151.
Hayes Wheel Co.
in
to $623,535.
stated:
"The second mortgage 4% bonds were issued on or about May 1,
1941.
Regular, seimi-annual interest payments were begun Nov. 1, 1941,
the most recent payment having been made Nov
1, 1943. The market
for these bonds has apparently been limited, the price averaging about
50 cents on the dollar, though it is understood that a small amount
out of
Kelsey-IIayes Wheel Co.—Proposed
-
a
par
hardships
profit
time
Longwood
made
be
the underwriter
as
information to shareholders
regarding the tax status of the dividends they receive, as all dividends
paid in a fiscal year of the company will now fall within one calendar
year.
'
•
During the nine months review by the report all bonds owned by
the Fund paid interest in full when due, and interest earned amounted
In
Second Mortgage Bonds—
of
$5,000
interest,
business."
named
was
comparable figure reported to shareholders during the
the
fiscal
enable
Dividend Rate—
at, this time would-be line with the -sound
policies ;• which they have followed in; the past."
'
Robert H.
of Feb.
as
V.'
"
.
Co.—Bonds Called—
called
peacetime
During the nine months reviewed by the report,
at
and
any
of
life
The
change
■
payments
conservative
agreement
been
of
of' these
"Because
brought
have
$14,474,163
1,^943), it has been greatly expanded to include
imposed
1
from
dividend
concerning the two counts.
Ed Cashion,
counsel for the SEC, said that conversations are being held for dis¬
cussion of a
proposed creation of a voting trust by certain share¬
holders and naming of three independent trustees.
Discussions on
the voting trust, he said, were substantially completed.
The two counts against the Investors Syndicate are all that, remain
of charges brought by the SEC against the firm.
Fourteen charges
were settled by
stipulation Oct. 18.—V. 158, p. 2192.
There
stock,
further
A
merchandise'carried
Syndicate—Hearing Continued—
Kansas City Gas
peacetime
its
fiscal year ending
growth
holdings
larger than
not
extended
,
of an
to
of
Fund—Annual Report—
new
a
$649,103 to $1,889,822.
quarterly dividend of 15 cents per
payable Dec. 1 to holders of
dividend of 15 cents per share was also
recently declared
(March
small
Exchange
possibility
its
for
shows
Fund
Jan, 31 to $14,789,599.
16.
7
common
19.-
Nov.
,
continued
wartime
expansion
Manhattan Bond
Reporting
Bond
only of the rationed commodities bii# of many other items
indirectly affected. Along with this, Government price ceiling regula¬
and gross
against the Investors Syndicate by the Securities
Commission.
• 1
• */.
G.
Aaron
Youngquist,, counsel for Investors Syndicate, made the
motion for continuance.
Judge Nordbye was told that there was a
77
by
wide variety of products, since that time.
approxi¬
,
Gunnar H. Hordbye at Minneapolis Nov. 26
until Dec. 17 hearing 011 two counts of gross abuse of trust
misconduct
the
on
sales,
$2.44
—
Federal Judge
p.
26,
Nov.
$3,500,000,
.
tions
$677,305 or
from
and
Higginson Corp., New York,
proposed issue.
Date of issue., offering price and other details
will be supplied by amendment.—V. 157, p. 2048,
this basis, the company would pay out $420,000
as
compared with $350,000 in 1943."—V.
158,
On
in
current year
$10,068,322
--7/ 312,510
were
158, p. 1938.
Investors
Lee
have
shares
purpose, but the company
a
view to using them
"with
for the
declared,- payable Feb. 25 to holders of record Feb. 11. Previously,
the company paid quarterly dividends of 25 cents per share.
J.
R.
Peachey,' President, comments in part: "Although the food
rationing program was .partially in effect at the beginning of our
1943—Month—1942
1943—10 Mos.—1942
$3,901,727
$3,571,021 $33,545,743 $30,125,740
period Ended Nov. 30—
conversion
establishment
dividend
/-
directors
share
1943
158, p. 2253.
mately $5.30,per share.—V.
will
with
not been
stated that it
in connection
operations and the re-
the' preferred
of
specific
funds
holders in the nine
-————
-
—
——
profit after charges and tax reserve?—/
Earnings per share on 128,000 common shares
Net
the
.
of Fort
Co.
Loblaw Groceterias, Inc.—Reduces
Corp.—Earnings—
Net
of
on
'1939.
*
of
Earnings
7
-
.
<
the company says:' "It is anticipated that the
will be at the regular rate of $1.20 per
all stock, including the increased shares.
No extra dividend
cash
annual
dividends
p.
by
487.
p.
Sales
*
'
■
Insurance
meeting
payable
10,
contemplated.
in
a
and
$2,500,000
Dec.
share
preferred and common stocks of Dominion Gas,
International Utilities Corp., would be cancelled
reorganization and the new company would take
Dominion Gas & Electric Co. ("Toronto Financial Post").
held
are
completion
—V.
'
announcement by
An
next
and
Interstate Aircraft & Engineering
■
to
record
bonds
which
the
a
from
stock
value.
—V.
_
for
The
upon
_
surplus account to capital account, through a 40% stock distribution.
It is expected that directors will declare the dividend to holders of
Subs. Bonds
be completed
early redemp¬
tion of the publicly held portion of the collateral trust 6J/2 %
bonds
of the Dominion Gas & Electric Co., a subsidiary, it is announced. At last report these outstanding bonds amounted to over $2,100,000
Life
stockholders',"" at
Th
,/
reorganizing this corporation is expected to
in the next few weeks and the management is arranging
Plan
'
Increased—Dividend Authorized—
Ind.—Stock
certificates issued
p.
•
any
.
Regular
transfer agencies and at the equivalent in sterling in respect of
by the company's London transfer agency—V. 158,
York
•
smith, Barney & Co. made a special offering on the New York Stock
Nov. 23 of 2,600 shares of common stock (par $25) at 64,
a commission of $1.10 a share.
This offering has been withdrawn.
A special' offering of common B stock made by Smith, Barney & Co.
at 65 V2, with a commission of $1.15 was withdrawn Dec. l.—V. 158,
p. 2254.
Exchange Control Board has authorized the
dividend in United States currency in respect
by the company's Toronto, Montreal and New
this
of
disbursement
s
, .
with
Foreign
Canadian
•
(
sale
the
from
for
Exchange
preferred stock.
The
t
r
Registered—
of
obtain
would
Liggett & Myers Tobacco Co.—Special Offering-
sh$re on the preferred stock, par $100, payable Feb. 1, 1944,
holders of record Jan. 3.
This is 'the 153rd dividend declared on
to
1071.
p.
stock.
Proceeds
allocated
The
$1.75 per
the
"
"
issue
investment
declared
6
Dec.
on
158,
company
preferred
just
4 '
•
,
Preferred Dividend—
directors
(Del.)—No Refund to Govt.—
1942 were not affected by contract
completed, according to a letter to stockholders'
by O. T. - Kappes,'President.
Reserves set aside for this contingency,
he said,
provided adequately for the net adjustment after taxes of
$20,900.—V. 158, p. 1639.
the company's 4 %■ cumulative redeemable
sinking fund series "A" first preferred stock and these shares were
posted for trading Dec. ,3.
*.
I The
5 %
original series first preferred shares will be retained on
the.trading list for the time being, it was stated.
•
•
At a special meeting of stockholders 'held on Aug. .27, the incorpora¬
tion of the company was amended so that the 5%
original series
are exchangeable for 4%
series "A" first preferred shares on a basis
of 1.05 shares of series "A" for one share of the original series, .
resulting fractions .to be
Savers Corp,
renegotiations
of
shares
53,500
with
filed Nov. 30 with the SEC a registration covering the
60,000 shares of 4Vi % cumulative convertible pre¬
ferred stock (par $25).
The company also registered the same num¬
ber of
common
shares to be reserved solely for conversion of the
The
proposed
Earnings, of the/corporation for
accepted application for listing
The Toronto Stock Exchange
filed
has
a. registration
statement
cent par) which will be
(1
(P. R.) Mallory & Co., Inc.—New Stock
$5,658,959 $60,294,047 $50,638,105
19397/"
158, p.;
Life
The
$6,487,850
1943—10 Mos.—1942
...
International Milling Co.—Listing, Etc.mately
1943—Month—1942
1——
Sales
operation
over
2254.
p.
Lerner Stores Corp.—November Sales—
Period Ended Nov. 30—
a subsidiary, recently entered into an agreement
purchase the Phoenix Color & Chemical Co., Inc., and
of the plant beginning Dec. 11, 1943, accord¬
announcement.—V. 158, p. 2191. "
'
/
Aridye
take
158,
the Securities and Exchange Com¬
covering 70,925 shares of common
underwritten by Jenks, Kirkland 6s
Co., Philadelphia.
The stock will be sold by eight individuals.
The largest portion of the shares will be sold by Mrs. Marie L. •
Tracey of Algonquin, 111., wife of Eugene A. Tracey, President and
a
director of the corporation, who will dispose of all of the 59,945
shares
she holds.
All proceeds from the sale will go to the
indi¬
corporation
stock
—Bear, Stearns & Co., on Dec. 7 made a secondary dis¬
tribution of $812,000 first mortgage (extended) 5% bonds
acquire by
to
$5 each.—V.
28,
Majestic Radio & Television Corp.—Stock Registered
mission
viduals.—V.
to
the
share on
per
Oct.
Lehigh Valley Terminal Ry.—Secondary Distribution
>
:
$6.25
of
of $5
The
Expands—
Interchemical Corp.—Subsidiary
►
dividend
a,
ments
the Moberly B and C development.
against
voted
have
stock, payable Dec. 29 to holders of record Dec. 20. Distribu¬
each were made on April 1, July 1 and Oct. 1, last,
Pay¬
in 1942 were as follows: April 1 and July 1, $7.50 each; and
common
tions
158, p.' 1860.
1943—Month—1942
1943—10 Mos—1942
$3,401,172
$2,951,858 $29,157,994 $24,906,065
Total
*
-
tLess reserve for
—V.
158, p. 394.
—r—
depreciation of $50,529 in 1942 and $52,760 in
1943,
depreciation of $734,173 in 1942 and $783,439 in 1943.
"Less reserve for
•
Mercantile
the
stock,
common
Dec.
This
7.
Dec.
on
compares
28, 1942, $2 on Dec. 26, 1941 and
Minneapolis
Louis
St.
&
Colpitts,
&
'
transaction.
drastic
most
in
successful, it was announced.
debt of the old company was
most
the
also
_
,
,,,
,
„
$44,000,000, in addition
to which there were $1,750,000
of preferred claims and about the
same!
amount of receiver's certificates.
The receiver's certificates
were
paid off during the receivership, leaving the bonds and pre¬
ferred claims to be taken care of in the reorganization plan.
.'y
The plan originally contemplated the borrowing of $5,000,000 from
the Reconstruction Finance Corporation, but after earnings improved
it became apparent that borrowing could be reduced and finally it
■was
decided 'that it would not be necessary to borrow any money
funded
The
assets,
In
weeks ago.
two
dissolving
//
,
Liabilities—Capital
to
for
Counsel
;
contended
Liebling
Mrs.
that
25,513
of
the
of
because
concern
liquor stocks.
new
Office
of
See V.
158,
the
con¬
long-term
158,
$25,000? cur¬
debt,
(all restricted as to common dividends,
total,
1535.
p.
.
;/
,
</ /
"
"
•
,
Supply Co.—Pays Accumulated Dividend—
declared
have
accumulations
$2
the
on
dividend
a
$2
of
each
price..
made
were
since
manufacture/
Sept.
30,
last,
Sept. 30,
June
on
30
account
$40,
on
stock,
par
Distributions of 50 cents
the
30,. last,
Sept,
and
share
per
preference
10-year
cumul.
payable Dec. 27 to holders of record Dec. 10,
1940.
p.
$99,734,106;
restricted as to preferred dividends), $11,573,142;
directors
The
of
value of
true
prevent the
that
stock,
$281,378; earned surplus
$9,211,573
National
Price Administration
of
regulations
and Government
and
$119,584,381.—V.
reflected in the listed
barrels of bulk whisky on hand. is not
assets
limitations
*
liabilities, $974,814; reserve for losses or adjustments with respect
assets, $6,995,941;. reserve (appropriated from capital sur¬
plus),
.
today
.
accrued
capital
,
Liebling's injunction, Judge Chenot held no
Mrs.
spiracy was shown.
$524,221;
another stockholder
restraining order granted
similar
A
dissolved
minor
and
cash in
$118,009,518;
(1,048 shares $6 pfd. stock), $102,592; total, $119,584,381.
[The
1 to holders of record
rent
stockholders.
was
advances—subsidiaries
and
banks—on demand, $911,073;
interest receivable, $275; divireceivable—subsidiaries—consolidated,
$29,411;
other
current
$750; total deferred credits, $6,541; reacquired capital stock
investments,
dends
,
byWalter W. Colpitts, of Cover-y
acting for the reorganization manager, is one of the
railroad history in the United States, and perhaps ...
Colpitts,
&
announced
share
Liebling of Chicago, who obtained the injunction; charged
the Baltimore Pure Rye Co, of Maryland, had conspired to enhance
the value of its majority stock holdings in the Tom Moore Distillery
Co.
and
to
decrease
the value of issues in the hands of minority
plan "prepared
reoranization
The
dale
securities
special cash deposits,
Mrs. Esther
of this rooad, in receivership since January,
at the office of the Reorganization' Manager,
on
Dec. 1 by the execution of. .the closing
terminated
was
other
26.]
NOV.
reorganization
The
Coverdale
Company officials
its stockholders.
to
originally was to have been paid Dec.
dividend
CompJeted—
1923,
dividend
"whisky"
Co.—Reorganization
RR.
an
in
Immediately that the distribution—27 gallons of whisky for each
certain modifications resulting from compromises,
of stock—would be made on Dec. 21 to holders of record Dec. 16.
1363.
$1 on Jan. 29, 1941.—V. 157, p.
dissolved
6
Dec.
on
value, payable Dec. 10 to holders of record
with $1 paid on June 15, last, $2.50 on Dec.
par
no
Sheet, Sept. 30, 1943
Balance
Assets—Investment
Wayne County (Mich.), Circuit Court
injunction restraining company from paying a
Chenot
E.
James
Judge
dividend of $1.50 per share on
declared a
2
(Tom) Moore Distillery Co.—Dividend Stay Dissolved
Inc.—Dividend of $1.50—
Stores Co.,
d'rectors
The
Monday, December 13, 1943
CHRONICLE
THE COMMERCIAL & FINANCIAL
2364
payments
first
1938 when a like amount was paid. Arrearages as at
amounted to $9 per share.—V. 158, p. 1940,
,
fllll
&&
'
'
»
' .
*
' "
' 1'• ' •' '■' '. '/
'
'
nounced—
"".'.'.o'--';
//
In
the
206 stores-as compared
year.—V. 158, p. 1940.
operated
company
<
Sales
National Bond & Share Corp.—Special Dividend—
directors
The
Dec.
Dec.
on
declared
2
dividend. of
special
a
and
15.
last year,
on
National
Dec. 15, 194l.-rV. 158, p. 1535.
Candy
directors
The
of
holders
Dec.
declared
•
•/
,
on
6
J:.
Dec.
record
New
*
St.. Louis Ry: Co. general mortgage bonds, series A (4%
the month of December, 1941, and for the year 1942. y
are
$2,015,000 outstanding of this class.
These interest pay- ■
will be made, forthwith upon, presentation of coupons to the
for
There
ments
First National Bank of Minneapolis./.-////
President Sprague gave his opinion that following the consumma¬
tion
of the plan, it may
be possible to redeem the $2,015,000 in
outstanding bonds- in 1944, as there is sufficient cash in possession
of the new company to make such a step possible in the near future.
Mr. Sprague also advised the meeting that when such redemption
'lias been accomplished in 1944, the new company would have out¬
corporate
trustee,
standing 150,000 shares of common stock, no par value, and approxi- •.
mately $1,000,000 of equipment trusts which are currently reduced
on
a
monthly basis.
This stock is not listed on the Stock Exchange
that the new board of directors will give
the announcement said.
company,
in addition to President Sprague
are H.
W. Ward, Vice President-Traffic; J. W. Devins, Vice PresidentGeneral
Manager;
C. W. Wright, Vice President-General Counsel;
G.
A.
Anderson,
Comptroller; M. E. Eaton,
Secretary, and W. C.
Kimble, Treasurer,
.y
..■ : ■
y
New
directors are J. M. Clinton, G.
B. Webster, M. A. Lehman,
D. J.
Strouse, B. C. Gamble, V. F. Rotering, C. E. Hill and Mr.
Sprague, all of Minneapolis, and A. W. Benkert, Gen. John Ross
Delafield and Jesse E. Waid, all of New York City.
VJ V^'V7-"
[Attention was directed to the dual company arrangement now set '
forth in the plan, whereby the greater part of the properties of the
old company
In receivership has been acquired by The Minneapolis
&
St.
Louis
Ry. Co., and the lesser part of the properties of the
old company has been acquired by The Minneapolis & St. Louis RR.
Corp.,
a
wholly-owned subsidiary.
It is expected that some time
early nex); year application will be made to the Interstate Commerce
at
is likely
but it
present,
of
Officers
the listing at its next meeting,
to
consideration
the
agent
has
What
been
the
called
"compromise"
reorganization of the road was urged by the
filed
ghany
filed
the
brief in
the
ICC
The
Interstate
owns
of
with
Pacific
plan,
Commission
the
argued
In
Commission.
plan.
certified
it
capitalization
It
turned
to
out
properties,
Refinery
in
provided
be
far
higher
result
in
of
single-handed fight against
plan. for reorgan.zat on of
the
asked
of
Balliet
Mr.
for
Comnrssion
eliminat;on
trust
the
in
number,
present
brief
a
arguing
for
the
informed
Cjftnmiss'on
158,
would
6.47%
only
2255.
p.
been
that
he
understood
that
of
the
a
mooted,
stock
of
the
voice
he
in
the
added,
bv
reorganized
a
company.—
.
1943—Mop If'—1042
.
$61,452,351
Sates
—V.
158,
$68,395,894 $529,164,687 $547,886,943
1942
N«*t
from
1940
$257 747
$251 176
$201,112
60 -154
Net
ry.
J10 650
P8 ^32
railway
oper.
income.
From January
Gross
Net
from
from
r".
111,147
94,857
75,989
2.439.762
2,283.979
2 012.207
1.923.417
923 012
952 179
882.994
811 327
—V.
657,880
695,604
720,199
786,919
1—
railway..
railway
oper.
,
'leome.
National
the
158, p. 1735.
V
adjacent
the
to
Refining
refinery,"
'
Co.
Mr.
158, p.
was
obtained
in
/ New
November
:
revenues____"
3,172,265
retirem't reserve
appropriations ______
Prop,
Net
revenues/-.
oper.
"
•
:
$4,725,581
income—__
5,301,538 / 5,541,737
interest
Balance
21,595
The
16,015
18,810
72,506
I
Mining Co.—Div.—
year-end
a
Western
&
RR.—Merger
'■;// ■„////'
157, p. 2254,
Lackawanna & Western RR.—V.
•
•
trustees
Haven & Hartford RR.—Interest—
Dec.
on
in
trustees,
petition filed
a
Nov. 28, had asked to be allowed
pay $387,500 in
interest on the 4% and 5% bonds of the New
England RR., of which there are outstanding $10,000,000 and $5,750,000, respectively, and to be permitted to distribute $259,340 in semi¬
annual payments to the holders of Central New England RR. bonds,
of which there are $12,967,000 in the hands of the public and $913,-
to
72,565
$5,138,338 $20,222,382 $20,519,151
2,060,275
2,303,570 V.
$2,697,783
—
#Pfd. divs. to
155,
/ ;• :•
pledged for short-term notes.—V.
000
158, p, 2256.
public
to
deducts.—
other
and
A://'
6 received permission from Judge Carroll C.
Court at New Haven, Conn., to pay out $646,840
in semi-annual interest due Jan. 1, 1944, on bonds of the New Eng¬
land RR. and Central New England RR. companies, both subsidiaries.
The
'
Net
■,
Hincks in the Federal
$5,119,528 $20,149,876 $20,446,586
$4,758,058
/:"?/// '/■
Lackawanna
New York, New
-
6,891,076/ 6,541,346
,
4,166
25,521
income—
Gross
preceding page.—V.
a
on
//V/;
declared
have
York
/ See Delaware,
$5,115,362 $20,128,281 $20,430,571
;
' /
$4,732,537
/
the outstanding capital stock,
14,640,482
.
(net)
:■
,
Agreement—:'
.
.
1,648,303
6,956
income
12,315,946
1,461,101
;
.
1,680,535
(net)
plants
Other
•
of
lease
from
Rent
4,336,138
1,371,388
.
all of the
Lake RR.—Offer to expire on
York & Honduras Rosario
New
1943—12 Mos.—1942
$22,121,884 $23,604,523 $87,203,055 $90,613,576
11,172,115
11,043,619v 42,566,214 43,459,440
,
call any or
101 and accrued Interest
April 1, 1944, and annually
of
(& Subs.)—Earningsi
expenses
/;/.;/.,/
.
directors
share on
V.
'
'
on
dividend of 85 cents per.
payable Dec 24 to holders of
record Dec. 14.
This compares with 65 cents each on June 26 and
Sept. 25, last, and 50 cents on March 27, 1943. Payments during 1942
were
as
follows: March 28 and June 27, 40 cents each; Sept. 26, 75
cents; and Dec. 26, $1.—V. 158, p. 1940,
The
V ' V..'
AU
?■'J
2256;
price
1%
1940.
p.
31.—See Erie RR.
2187.
p.
Peirce
A-:.'/:;.
158,
may
company
present
[4 of
New York & Greenwood
;
Dec*
A
at
by
Reclines
thereafter.—V.
said the
"together with the right, on certain
1943—3 Mos.—1942
taxes^.—.—- ',
Other
price
that
provides
redemption
for
which
8,323,190
9,338,655
1,335,530
public—
1,405,802
5,372,435
5,623,206
States Power Co.
Northern
$2,834,768 $11,899,192 $11,180,496
Electric
kwh.,
43,732,000
tataled
(Del.)—Weekly Output-
output of this company for
compared
as
the week ended Dec, 4, 1943,
with 39,831,000 kwh. for the
of 9.8% .—V 158, p. 2256,
corresponding week last year, an Increase
$1,362,253
Balance
Portion
mi-
to
applic.
$1,428,966
,
•
1,186
interests
3,526,757
$5,557,290
;
262,190
224,344
Niagara Share Corp. of
390,604
The
Net
Pwr.
&
Nat.
Pwr,
&
Nat.
Co.
Lt.
Lt.
/
$1,361,067
381
-
excli
taxes—
income
tax—
^Full
.earned
4,415
470,329
$6,734,896
94,456
'
$5,194,454
349,673
-
172,381
334,190
tl76,562
7,410
21,802
29,831
2,889
9,800
2,149
39,299
19,961
$1,067,434
$6,394,354
share
on
158,
p.
record Dec. 10. A distribution of 10 cents
class B common stock on July 1, last, as
30, 1942, and 20 cents on Dec, 30,
/ v
cents on Dec.
15
2050.
.
North American Cement
-
12 Mos. Ended Sept.
requirements applicable to respective periods
whether
Net
loss
after
"Before
p.
charges--,'—--^-
allowing
for
profits
..
..
preceding note apnlicpble to the nine months ended Sept. 30,
amount of $77,812.
.
.
the
1942, in
—
on
—
1942 "
[$130,974
1943"
*$317,647
bonds purchased.
[Profit.—V. 158,
490.
North American Gas &
tion—
adjustment of the overprovision mentioned in
Corp.—Earnings—
30—
$4,567,348
;
overprovisions for Federal capital stock tax.of approxi¬
mately $26,500 and $172,000 for the three-months and 12 months
ended Sept. 30, 1942, respectively.
the
1941.—V.
66,562
unearned.,
credit after
per
compared with
[Includes
fNet
$1.50
$6,264,567
321
surplus-^—$1,261,105
dividend
or
of
payable Dec. 29 to holders of
per share was made on the
$5,166,686
27,768
Maryland—Class B Dividend—
declared a dividend of 10 cents per share,
and the usual quarterly dividend
the class A preferred stock, par $100, both
3
$5,166,686
4,729
deductions—
Dec.
on
class B common stock, par $5,
the
$6,264,567
127,048
taxes—!
'
directors
on
'
$1,204,622
94,649
644
i-
,
-/ '.
.:,.
$1,209,037
taxes_—
/;
'■
■
$1,204,622
$1,361,448
—
etc.,
.
$1,361,067
equity (as above)—
Other
income——
Other
'
Co.—
Net
Federal
•/.;
in
subs
of
income
•<
of
equity
.
__
at prices not to exceed 101 and int.
rejection of offers of sale will be mailed onof the accepted notes may be made at
$300,000
or
Delivery
2U.
indenture
The
notes
80 584
48,622
...
land
on
taxes
Balance,
1941
$246,704
October—
railway..
about
other
Cooperative
Subsidiaries—
Federal
from
the
and supply contracts executed in connection
gasoline plant being constructed by the Defense
period End. Sept. 30—
Int.,
Montour RR.—Earnings—
Gross
to
the shareholders,
to
A'-1.;
of
Expenses,
1943—10 Mos.—1942
2255.
p.
refinery,
by Otis & Co., investment bankers of Cleveland, Ohio, in a transaction '
Total
Montgomery Ward & Co.—November Sales—
Per. End. Nov. 30—
Inc.,
Co.,
lease
the
Corporation
involving about $9,000,000.—V.
of
group
J "
-
not later than Dec. 31, 1943 against payment of the purchase
with accrued interest to Dec. 31, 1943, or, at the option of the
such delivery may be made on Jan. 4, 1944 against payment
of the purchase price with accrued Interest to the latter date, at the
place in New York City specified in the notice of acceptance.
the
choice
;
price
Properties—
the
sale
of
and certain
approved
letter
a
added."; -''
proposed
be
acceptance
Dec.
"
any time
157, p. 732.
company's
aviation
the
Plant
nority
depriving stockholders of
The
represently
V.
had
section
of
before
or
proposed to sell to the Kansas corporation included
pipe line department, a major portion of its v
was
of
assignment
with
a
to
5%
approximately
exhaust,
Notice
-
permission
and
to
Sought—
at its office at 44 Whitehall St., New York, N. Y.,:
incl. Dec. 16, 1943 receive bids for the sale to it* of
notes due April 1, 1947, to an amount sufficient to
company,
up
convertible
Coffey ville refinery property would be offered "together with an
The
proposal.
thereby
directors
The
will
1
production department properties,
by "certain life insurance
interests who expect to control the appointment of the trustees," three
voting
,
-
many
ten-year voting trust proposed in
the road now before the Interstate
Commerce Comm'ssion is being made by John M. BalTet of Appleton,
Wis., holder of $251,000 par value of the system's bonds.
He has
Gray,
Mr. Ormsbee will continue as Secretary until Spring/-V. 157,
1464. /.•; /
■ / i/./
'. f////'.
P.
;
conditions, to the company's interest in other producing leases."
the
bv the
earning
than the
F.
position.
directors
Kansas,
Secretary, in
Peirce,
National
7
Oil
Shell
Coffeyville, Kan.,
of
Association
S.
Louis
the
the
to
including a
properties it
December
on
stations
Operating
filed
plan
the
was
stockholders
service
Federal
the limit approved
pointed out that the
Voting Trust Attacked—
A
\
18 approved action of the board of
National Refining Co.—Approves Sale of
The
100
.
the
General Commercial Engineer, has been named
Treasurer following the resignation of Stephen C., Ormsbee from that,
centa v
Nashville,
Co.,
'
New Jersey Bell Telephone Co.—New Treasurer—
Walter
holder
Z;
the
Charlottston, Saint John, Quebec, Montreal, Ottawa, Toronto,'
Winnipeg, Regina, Calgary, Edmonton, Vancouver or Vi'cCanada.*—V.. 152, p. .1136.
-..
'.// ■;/*.'/ /'
'/ [//"1 '■
New York Dock Co.—Tenders
present in the cash dividends paid to stockholders.—V.
Operating
oh! the other hand
1st
of
Payment w'11 be made at .the prinicpal office
int.
toria,
v
Insurance
company
$20,000
fax,
increasing capital stock to $10,000,000 by a transfer of $5,000,000
from the surpilus account.
The recommendation of approval, however,
carried
with it the provision
that there should be no increase at
Operating
September, the Alleghany Corp.
arduous months of negotia¬
tion among the
debtors, and was the Commission's own plan with
certain modifications resulting from compromises.the
of
that
Accident
The stockholders on Nov.
brief
27, last. These
briefs presented to
different
within
its
the
support
asserted
&
988.
p.
Tenn.—Capitalization Increased—
Alle¬
a
The
case.
that
was
in
Life
158,
V
'
Hamilton,
.
in
for
plan
itself in
company
interest,
fourteen
$560,480,000,
railroad had
Commission had expected.
of
power
"modified"
or
Commerce
controlling
a
important
connection
in
$1.—V.
National Power & Light Co.
support of the plan submitted on Sept.
most
Missouri
modified
the
which
Corp.,
a
were
with
2
Dec.
24,
Dec.
National
/////...
Pacific RR.—Backs Modified Plan—
Missouri
and
each;
;■
has called for redemption as of Jan; 1, .1944 a. total
mtge. sinking fund 4V2% bonds due 1956 at -102
of The Royal
Bank of Canada, in the Cities of St. Johu's, Newfoundland, and Hall-'
The
and
during
as
Control
transfer agent
of
for 150,000 shares of the no par common stock
The Minneapolis & St; Louis Ry. Co.
See also Minneapolis & St. Louis RR. above.—V. 158, p. 580*.
scrip
1942, were
consolidate the two companies.]
to
City Bank Farmers Trust Co. has been appointed
The
and
1943, and 37V2 cents on March 31-, 1943. Payments
follows: March 31, June 30-and Sept. 30, 37Va
25,
/
2256.
Newfoundland Light & Power Co., Ltd.—Bonds Called
of
no par val;ue, payable Dec., 24 .to holders of record ,
This corfipares with 75 cents, paid on Sept. 28, last, 50 cents ,•
June
on
territory ;
its
P;
of $1 per share on the
declared a dividend
2
for
/
stock,
,
14,
Dec.
Dec.
on
available
5, 1942, an increase of 6.15%
Comparable figure for the week ended Nov. 27, 1943, was 61,330,908, an
increase of 2.51% -over the corresponding week last year.—VM58, "
.
directors
kwh.
of
1943, as 66,143,735, compared with 62,314,-
Dec. 4,
week ended Dec,
the
for
062
new
,
Commission
The
capital
Association—Output Up 6.15%—.
number
reports
for the week ended
.
&
v
reports electric output of
2256.
p.
Association
The
each
,
income)
3 this Association
Dec,
; New England Power
.
apolis
the week ended
v.,158,
quarter during 1943, the com¬
pany paid a 7regula"rv>dividend of 25 cents per share, and,', in addition; 'extras of 25 cents each were disbursed on April 1, July 1 and Oct, 1, '
.
^
Electric Association—Output—
a
and
in
13."
$6,861,544 $76,413,375 $64,045,030
$7,972,487
1940.
p.
12,946,383 kwh.
This is an increase of 708,122 kwh,, or 5.79% above
production of 12,238,261 kwh. for the corresponding week a year ago. *.
Gas output for the
Dec. 3 week is reported at 139,896,000 cubit
feet, an increase of 4,879,000 cubic feet, or 3.61%, above production
of
135,017,000 cubic feet in the corresponding week a year ago.—»"
•
Placed On
.-
158,
For
quarterly dividend of 50 cents ,
the usual quarterly dividends of
the first and second preferred stocks, all payable Jan/1;;
$1.75 each on
to
;•
••
Co., Inc.—Common Stock
the common Stock
share on
per
cents
40
the
York: attended by W. W. Colpitts of Coverdale &
Colpitts, New York. City; C. W. Wright of Minneapolis, Vice PresidentGeneral
Counsel;: Mr, Sprague,
and representatives of the several <- of this year.—V. 158, p. 2049./ /;
• \ y V/.•'///'.'//..''v] //
Protective committees,
their depositaries, the corporate trustee and
New York and Minneapolis fiduciaries. ... Vyy'
/'/f;'// ; ' National Container
Corp.—Earnings—y
?
Following delivery of general mortgage bonds, series A <4% income), •;
Period End. Sept. 30—
,'/// :
3 Mos, *43
>1943—9 Mos,—1942 W
and
payment of cash, to the distributing agents allocated to the
"Net pro.it
/ $846,721; .,$2,201,266■; $1,747,382
preferred claimants and to the holders of Merriam Junction bonds
Fed. income and excess profits taxes
• 623,360 >1,616,279
1,164,025 :
and the issuance and distribution of common stock of the company y,
in accordance with the plan of reorganization and transfer by the
Profit .after-.$223,361$584,987 /,$583,357
Receiver of the Minneapolis & St. Louis RR. Co. of cash on hand to y
Earnings:-per ' share_i_.ii-.'___^»" " • $0.67
y,: y $1,77'/ /' $1.76
the new company, it was stated that these actions as of Dec. 1 have '
*
After' all charges but" before' Federal income surtaxes
and excess
transferred ownership and operation of the Minneapolis & St. Louis v
profits taxes.—V. 158, p. 1281.:, '■'/ / yy ///V:-;y '//■// i//'''1
RR. to the new companies, the Minneapolis & St. Louis Ry. Co. and
Its wholly-owned subsidiary, the Minneapolis & St. Louis RR,-Corp. /
It was also announced that interest will be payable on The Minne¬
National Enameling & Stamping Co.—Payment Incr.;
in
meeting
:
'
New England Gas &
capital stock, payable Dec. 22 to holders of record
Special distributions of like amount were made on Dec. 21,
on
share
per
Regular $2 Annual Dividend Basis—
company
(J. J.) Newberry Co.—November Sales—
/
/
Period End. Nov. 30—
1943—Month4-1942 '
1943—11 Mos.—1942
;
—V.
/•/.' 'iy.; /y
v.'/::
1943,
November,
■/
i860...-
p.
1943—11 Mos.—1942
$3,052,827 $31,918,541 $27,675,938
$3,461,494
.
158,
.
.
$6,719,361 $70,573,013 $64,718,408
$6,802,123
..
with 207 stores in the same month last
Private Opera¬
began corporate operation Dec. 1 after 20 years
and six months of receivership—the longest in railroad history.
,y
Announcement was made by L. C. Sprague, President, following a >
This
sales
—v\
1943—11 Mos.—1942
1943—Month—1942
Period Ended Nov. 30—
Sales
1943—Month—1942
Period End. Nov. 30—
(G. C.) Murphy Co.—November Sales—
Years—Completion of Reorganization An¬
/
/ •'/v
2226.
Net
•
shares
Minneapolis & St. Louis Ry.—Begins
tion After 20
Neisner Bros., Inc.—November Sales Up 13.38%—
A/-;/ ;/y•'</''
Z;
-
Distilling Co. above,'—V," 156; p.
;,
just completed transfers the $44,000,000 of old
of common stock.
The preferred claims
and one underlying
issue of bonds of less than $1,000,000 received
in exchange, an aggregate of $2,015,000 face value new general mort¬
gage
income bonds, and part payment in cash.
It is expected that
the $2,015,000 of new bonds issued by the new company will be paid
off within the next'few months, leaving the company with the capi¬
talization of only 150,000 shares of common stock, without par value.
. .."
The $25,792,000 par value common stock of
the old company was
wiped out entirely by the reorganization.
•• •'
• -..///:
[See also Minneapolis & St. Louis Ry. below.]—V. 158, p. 2255.
150,000
into
American
See
reorganization
The
bonds
•/'
Moxie Co.—New Control—/ ■";
Electric Co.—Plan of Liquida-.
.....
..
..
order approving a joint declaration
filed by North AmiH-ican Gas and Electric-Co. and Loeb & Eames,
Inc., a wholly owned subsidiary,
requesting approval of a plan of
liquidation and dissolution of North American Gas & Electric Co.
designed to effect compliance with the provisions of Section 11 (b) 121
of the Act and the order of the Commission dated Feb. 3, 1943, and
The
SEC
on
Dec.
2
issued
an
.1
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4237
Volume 158
•
certain directive orders and the recitals.
The following
are proposed in the plan:
'
(1) The sale by North American Gas and Electric Co. of $19,000
Southern ■ Utah
Power
Co.
6%
debentures
to Southern Utah for
transactions
$18,000.
•
':
'
'
•
,
„
Inc.,' in the market of the following
stock of Southwestern Public
Service Co.;(b)
14 shares of $3.50 prior preferred stock of Inter¬
national Utilities Corp.; (c) 8 shares of $1.73 preferred stock of Inter¬
national Utilities Corp.;
id) 100 shares of Class B stock of Interna¬
The sale by Loeb & Eames,
(2)
securities:
(a)
Utilities
tional
of
shares
1,411
common
Corp.
North American Gas and Electric
$13,000 of United States Savings Bonds. ■
14) The redemption by Loeb & Eames, Inc., of $16,800 of
The
(3
States
redemption
Savings
Bonds.
t
p'.
American
Electric
and
Gas
The
has called for redemption on Dec. 31, 1943, all of its
5.10% cumulative preferred stock, series A, at $108.75
per share and accrued dividends.
Payments will be made at the office
of The Pennsylvania Co. for Insurance on Lives and Granting Annui¬
ties, 15th and Chesnut Sts., Philadelphia, Pa.
Holders may surrender such shares at any time prior to date set
for redemption and will receive the full redemption price and accrued
dividends to'. Dec. 31, 1943.—V, 158, p. 2257.
The
distribution
drawal
such
The
United
Circuit
States
the
the
of
order
the statement of expenses
hydiaulic
project.
seriously
and
ice
water
plant
Commission as a step in the disso¬
companies' parent, North Continent.
Empire Electric Association will pay Highland Utilities $150,000 for
the
Colorado
properties.
Highland will reduce its $415,000 prom¬
issory note held by its parent With the proceeds.
As sole stockholder of Southern Arizona, North Continent also will
receive the $155,000 which Sulphur Springs Valley Electric Coopera¬
tive, Inc., will pay for the Cochise properties
North Continent will use the sums received from its subsidiaries to
retire its Series A 5Va %
first lien collateral and refunding gold bonds
of the
lution
1948.—V.
due
Exchange
and
Securities
the
by
158, p.
tested
of
of
Dec.
This
Court
of
Federal
Appeals
at
Philadelphia
Commission
Power
scaling
"a
on
had
rejected
items
expense
Period Ended
Operating
"■Oper.
to
etc
Operating
■
89,421
45,734
282,105
$151,269
$598,830
income
Gross
47,709
160,808
conclusion
on
Balance
*Incl. prov. for Fed.
of
necessary
the
of
$170,839
$1,197,881
342,780
$33,743
$79,259
$855,101
it
H.
B.
investment
stock,
of the
said:
corporation estimates that approximately 85% of common stock
1 of 75 cents per share paid on June 28, 1943 represents
nontaxable distribution under the provisions of the Internal Revenue
The
dividend No.
a
and
Code
need
reported
be
not
in
Federal
income
tax
returns as a
dividend.
The
of
estimates that the common stock dividend
share declared, subject to the approval of the
?
Securi¬
Dec. 29,
corporation
cents
25
per
No.
1943, payable
1943 to stockholders of record on Dec. 22, 1943, is entirely non-taxable
and need not be reported in Federal income tax returns as a dividend.
The foregoing estimates are believed by the corporation to be sub¬
stantially correct.
As soon as the corporation's accounts for the year
1943 have been closed, a tentative ruling will be requested from the
Treasury Department with respect to the tax liability on the above
ties
and
Commission
Exchange
dividends
mentioned
and
determination
ment's
stockholders
when
it
29,
Nov.
on
will
advised
be
Depart¬
of the
corporation
Dec.
on
directors
The
applied
2
to
the SEC
cost Of
It
-
■
stock
treasury
22
meeting
.
.
of oil company shares.
The directors set Dec.
determination
for
meeting.—V.
158,
'
the close of business
at
6
stockholders
of
^
entitled
1770.%
p,
p.
See V. 158,
amounting to $850,925, to be paid from surplus.
Pelroleum
Heat &
the
as
date
the ,Pec.
vote, at
to
record
22
profit
sales
of
Cost
__
•
1943
1941
1942
operating
Total
$3,755,828
3,212,173
3,133,195
"t$61,209
$543,656
$890,905
6,565
181,312
Federal
$724,968
,
-
-
$987,957
Discounts
land
required
with the Securities and
Exchange Commission to, retire all of its three highest dividend rate
outstanding preferred stocks, viz: the $6.60 series, $7 series and $7.20
series aggregating $10,863,067 exclusive of accrued dividends.
It is
proposed to utilize the cash in the company's treasury for this purpose.
The company is engaged in the generation and purchase of electric
energy and its distribution and sale in 232 communities in Ohio as
well as in rural areas, in the sale of electric energy at wholesale in
Ohio to its affiliate, Pennsylvania Power Co., and to municipalities
and other electric companies in Ohio.
The population of the territory
served at retail is approximately 800,000.
The application discloses that Commonwealth & Southern Corp. will
amend its pending
plan irrespective of other amendments so as to
provide for the transfer to Ohio Edison Co. of all of the outstanding
shares
of common stock of its subsidiary,
Pennsylvania Power Co.
—V.
company
Dec.
on
filed
1
application
Fed.
Credits applic.
V
Sept. 30—
revenues—i
364,911
i
'
General taxes_
and
income
Federal
and
,
profit
Provision
■
——'
—
for
Utility, operating income—
Other " income—net
905,318
—
r—
858,320
1,287,420
30,248
$233,787;" 1942,
was
Net
of
profit
,
$5,064,698
'
accruals
reserve
1,555,271
1,548,606
,
Net
Divs.
Divs.
on
158,
$5.50
conv.
prior
pref.
stock
stock
preferred
$3,509,428
879,956
*
-
,
$2,159,960
319,000
273,165
$2,629,472
319,000
,
273,165
770,000
—
dividendsp.
856,823
—
_
—'
income
on
$3,016,783
—
deductions
Common
V.
;
income
Gross
770,000
——-
Mos. Ended
3
sales
Cost
of
Other
—
net
loss—.
2193.
investments
9,936
(less
in
reserve
and
for
advances
to
Sheet, Sept. 30,
other
depreciation of
1943
$1,848,230;
on
the
Dec.
class
on
reserve
for contingencies, $172,418;
earned surplus,
Trading Corp.—52^-Cent Dividend—
Dec.
6
declared
stock,, par
$5,
dividend of 521/2
a
payable
Dec.
25-cents;
Park &
is
for re¬
demption
on
March 20,
1944,
all -its ■ outstanding preferred stock
<6,940 shares) at $55 a share. The preferred stock may be presented
for redemption at any time between Dec.
20 and March 20, 1944,
at the call price, plus accrued and unpaid dividends to the date of
payment.—V. 158, p. 1073.
that
the
corporation
on
Dec.
20 will call
.
.
,
$47,515,634 $49,448,013 $429,350,013 $426,974,815
Sales
—V.
158,
p.
2257.
etc
13,377
13,095
13 689
112,700
20~1~250
257 350
<'540,000
976,000
'
f 126,344
—_
taxes—.—
4,775
—
"15" 050
12,050
6,000
,
—
—
$383]628 ~~$75o"519
18,874
$0.25
$0.77
tProvision
March
985
(no par)
of
31,
profits
Government
on
contracts
21 365
$1,53
for
for
refund
fiscal
year
1943.
in
1942
charges in the amount of $103,237 in 1943. $96,$98,561 in 1941 are included in the above costs and
and
expenses.
Consolidated
Balance
„^setsNotes
Sheet,
Sept.
'
*:~Z7
Marketable
and
receivable
(net)
and
other
assets
989 286
4,953,122
3,847',458
:
398,722
299,371
2,197,863
2 084 474
4,000
Property, plant and equipment (net)
4'500
Advertising supplies
Prepaid
interest
3,171
$10,487,465
—
*
Liabilities—
$9,763,594
/
-—!—
.
$1,600,000
—_
—
for
State
$1,200,000
1,153,476
——
868.958
132,800
—
163,7.92
1,288,653
accounts
Reserve
5V4%
3,539
-
Total
and
16,663
1,480,148
:
Investments
1942
$2,518,672
25,838
-
accounts
Inventories
30
1943
$1,424,234
1
T"
securities
1
vr
income
additional
taxes,
inc.
717,475
taxes
of
cumulative preferred stock
stock
prior
'
438,680
years
(par $100)---
651,000
"Common
;
686,300
*
1,930,100
1,930,100
3,863,933
3,625,790
$10,487,465
$9,763,594
—
Total—:
———
-Represented by 475,000
Plymouth
The
no
par
shares.—V. 158, p. 294.
Cordage
Co.—Special Dividend
Employees—New Director Elected—
Bonus to
of
$1—
directors
have declared a special dividend of $1
per share and
regular quarterly dividend of $1.50 per share on the capital
stock,
$100, the special being payable Dec. 27 to holders of record Dec. 1,
and the
quarterly on Jan. 20 to holders of record Dec, 31. A special
the
distribution
of
$2 per
Dec. 26, 1941.
It was also voted
share
made
was
to pay on Dec.
Dec.
on
26,
last year,
and
date, extra compensation of 3% of earnings during the
j
Sept. 30, 1943.
01*
to all employees of the company
22
This compares with
4%
a
bonus
a
year
year
ago.
Thomas D.
Cabot, Vice President and Treasurer of Godfrey L. Cabot,
of the First National Bank of
Boston, of United
Fruit Co.
and
of
other companies,
has been elected a director of
Plymouth Cordage Co.—V. 158, p. 2259.
Inc.,
and
director
a
holders
called
and
send
to
for
Dec.
9
additional
journed meeting will
Inc.—Meeting Adjourned—
to
to
adjourn the special meeting of stock¬
vote
the
on
financial
be held
Price Bros. &
dissolution
data
to
the
20.
See
V.
Dec.
of
the
stockholders.
158,
p.
company,
The
ad¬
2194.
Co., Ltd.—Debentures Redeemed—
company announces the
redemption of the second mortgage
convertible 4% debentures ($3,936,800 outstanding as of Dec.
31, 1942.)
—V.
151, p. 3753.
Provident Life
have
stock
&
Accident Insurance
Co.
of
Chatta¬
Tenn.—Stock Increase Approved—
President
Robert
approved
of
the
the
J.
Maclellan
has
recommendation
company
be
announced
of
increased
the
from
that
directors
$1,750,000
the
stockholders
that
to
the
capital
$2,800,000
by
changing the par value of the shares from $25 to $40, thus trans¬
ferring $1,050,000 from surplus to capital.
The dividend rate of $1
a
share quarterly will be
continued, he. said.
Public
Service
Co.
of
New
Hampshire—To
Acquire
Twin State Electric Properties In Maine and New Hamp¬
shire and Gas Business in New Hampshire—To Sell Se¬
curities
.The
electric
output
for
the week
ended
Dec. 4,
kwh.,
130,053,000 kwh., an increase of 11,043,000
same-period last year.—V; 158, p. 2258.
Privately—See Twin State Gas & Electric Co.
Quebec Power Co.—Earnings—
1943, amounted to
9.3%, over the
or
Philadelphia & Reading Coal & Iron Co.—Court Or-
ders'Payment to" Bondholders and Creditors—
The^company
was
in
U. -S.
to
bondholders .and
9 Months Ended
District
ordered Dec. 1 by Judge William H. Kirkpatrick,
at Philadelphia, to pay a total of $1,710,979
on
19431 interest account.
At the same
Court
holder,
Fixed
other
for
1,572,039
364,935
368,760
337,500
_
depreciation-
Net profit subject to income and profits taxes
—V.
1942
$2,985,583
1,629,268
expenses
charges
Provision
Kirkpatrickrref used a demand of Louis Lober, a bond¬
that "the company be directed to distribute $8,000,000 to the
plan which provides
$45 tin-full' interest-fon (1943 on each $1,000 of the $24,344,700 of
■refunding..5%-linking fund Joonds, $21 on each $1,000 of the $29,148,000- of 20-year ►convertible 6% debentures, on account of 1943 interest,
payments will
1943
$3,104,874
;
taxes and
225,000
$773,171
$819,784
158, p. 1075.
creditors
group.
•
Sept.'30—
Gross revenues
time- Judge
The
Mos.—1942
60,171
$1,036,608
Philadelphia Electric Co.—Weekly Output—
same
(J. C.) Penney Co.—November Sales—
' .Per] End. Nov. 30—
1943—Month—1942
1943—11
111,401
$1,586,022
—V. 158, p. 2195.
-
Tilford, Inc.—To Redeem Preferred Stock—
announced
$976 437
cents per share
1177.
p.
$1,474,621
Note—Depreciation
15
This, compares
8.
369,772
$871,662
deducting post-war refund of $60,000.
nooga,
to holders of record
with 35 cents paid on June 30, last.
Dis¬
during-J942-were as follows: March 12,-10 cents; Aug. 5,
and Dec. 15, 45-cents, plus an extra of-12 cents.—V. 158,
A
373,788
$122,923
stock
common
ended
patents and
$1,221,805; accrued expenses,
capital stock, $1,824,928; capital surplus, $1,752,835;
$1,151,187; total; $6,323,536.—V. 157, p. 2256.
Petroleum &
$1,346,209
$1,848,409
353,950
companies, $227,465; fixed assets
$2,598,263),
deferred income, $86,138;
4,426,875
The
-
Liabilities—Notes and accounts payable,
$114,225;
1941
$5,773 084
5,206,354
-
renegotiation
$179,423
notes and accounts receivable
goodwill, $1; total, $6,323,536.
1942
$7,054,762
4,739,471
paid on preferred stock.share on 475,000 shares
Operation,
It
taxes
Potrero Sugar Co.,
1,753,855
.
.
Balance
1943
The directors have decided
$1,584,368
_
;
expenses
Consolidated
1943
Sept. 30, 1943
sales, incl. all operating expenses
tributions
Income
to subsidiary company.
only applicable
Consolidated Income Account
Net
as
2194.
17,035
per
"After
on
1941, $215,000.
$202,404;
rate
same
p,
54,457
adjustment
years
Earns,
asi)
depreciation for the years ended June 30,
for
26,852
$4,565,388
—
—
$736,939
'
Note—^Provision
.The directors
Retirement
taxes
be
$926,119
income
.
$133,352
fLOSS.
$4,535,141. $5,037,846
——;
income
Gross
Federal
the
158,
State income tax—
ended
Net
300,306
excess
-
191,397
(net), $2,029,162; inventories, $1,588,428; prepaid and deferred expenses, $181,382;
2,649,600
—
state
profits taxes
■
213,813
$480,831
239,749
to prior years—,-—
7,629
7,686
•
,5117,500
_
Assets—Cash, $448,868;
1943
1942
$12,907,442 $11,269,419
4,452,473
3,785,527
—;
—
Maintenance
Federal
profits
—
Consolidated
Oklahoma Natural Gas Co.—Income Statement—
Operating
Operation
11,767
22,790
——
158, p. 2257.
12 Mos. End.
less
excess
&
at
1941.—V.
par
_
inc.
13,114
not
rental
•"
taxes
The
_
for
40,224
buildings
and
business
in
income
Prov.
9,523
3,175
allowed
of
Expense
8,288
:
expense
on
12,
28,
——
Federal excess profits
96,972
t$54,644
profit—
———
income
Interest
cents
March
$4,024,180
2,432,614
expenses
Other income
15
and Dec.
—$1,225,612
Interest paid, bad debts,
Other deduction
Surplus
$2,371,405
profit
Operating
cents
expenses
selling
profit
Federal
$13,253,634 $17,831,728 $17,626,292
14,075,900
13,602,112
10,882,228
_
sales
Gross
with
follows:
as
cents each;
10
1940 and
income
Accrued
Power Co.—Earnings, Etc.—1
__
25
$5,965,083
—
Notes payable
v
Year Ended June 30—
Net
and
13)
were
share,—will
p^r
——
Accounts payable
2257.
Ohio Edison Co.—Plans to Redeem Preferred Issues—
1943,—$1
Total income
7,003,556
$9,554,224
and
industry.
of
$3, payable Dec, 27 to holders
with 20 cents each paid on June 12
income
Operating
Other
and
petroleum
dividend
year-end
a
par
compares
goods sold
Gross
$16,557,780
1943——
30,
Portfolio holdings of this corporation "as
of Nov.
30, 1943, range from 3,706 shares of Consolidated Natural
Gas Co.
capital stock to 111,180 shares of Socony-Vacuum Oil Co.,
Inc., capital stock.
Other holdings include 37,060 shares of Standard
Oil Co. (New Jersey), 37,060 shares of the Texas Co., 37,060 shares,
of Standard Oil Co. of California, 74,120 shares of the Ohio Oil Co.,
55,590- shares of Creole Petroleum Corp.,, and numerous other blocks
the
in
stock,
the company in
Administrative and
-
■
of America has outstanding 1,853,000 shares
has purchased and holds in its treasury 17,200
It is proposed to reduce its capital by retiring
stock.
Dealer's discount,
Phillips Packing Co., Inc. (& Subs.)—Earnings—
Corp.
stock.
its
of
This
for
'
dividend,
bond¬
of 20 cents.
total
Operating
Sinclair Oil
to
made
any
additional stock acquired before the
if
the
proposal
is
approved,
by retiring
all stock exchanged pursuant to the offer.
The present capital of the
corporation is $9,351,000.
The reduction of capital will be in an
amount equal to the par value ($5 per share) of the stock retired.
With sizable remaining assets as a nucleus, the directors of Petrol¬
eum Corp. of America have expressed the intention of continuing the
corporation activities as an investment company interested primarily
for approval of its
plan to pay a dividend of 25 cents per share on its common stock on
Dec. 29 to holders.of record of Dec. 22.
The directors approved the
of
vote
Petrol¬
of
r—!
:
dpclared
6
common
17.
6 Months Ended Sept. 30—
actively
does
business Nov.
close of
Dec;
on
the
on
year-end
had reached
corporation
a
offer be
an
Act.
Company
Petroleum
Net
• *
conclusive
a
Sept. 13, and .payable today
(Dec.
12, 1943.
Payments during 1942
cents; June 12, Sept. 12 and Dec. 12,
The
of the stock of Petroleum Corp. and if the
exemptions are granted by the SEC under sections 17 and 23
capital
this
made.
is
Dividend Approval Sought—
The
for
viewpoint.
should such
transaction
directors
maintained by
majority
a
assets at
Dec.
299,019
President, Dec. 3, in a letter to the holders
Brewster,
inadvisable
was
believe that
proposed
The
inc.
-
Mr. Lober, pro¬
in reorganization
S. Circuit Court
of 783,776 shares of Petroleum Corp.
Approximate value of Sinclair interest—
$296,792
85,421
U.
158, p. 2051.
stock, at $211/4 net.
common
share
Prior
366,317
Ogden Corp.—Taxability of Dividends—
common
a
of
assets
of such net assets
the transaction, in
of
not contemplate the dissolution of
Petroleum Corp. of America.
By such distribution to Sinclair Oil the
size of the corporation would be reduced as follows:
$663,109
91,579
63,754
tAfter expenses
of the net
part
said that Sinclair Oil's management
an
Investment
The
shares
283,942
and provision for income taxes.—V. 158, p. 894.
—
taxes
rata
expenses
the same offer should be made to all other stockholders.
This
accordingly be done if the making of the offer is approved by
holders
of
85,422
„—
.
other
and
Corp.
.663,109
$119,165
—
stock
pfd.
ask
to
reorganization plan.—V.
record Dec.
25
company
from
one
eum-Corp.
759,860
income.
and
delay
the
appeal to
and
whose assets consist chiefly of securities of
other
companies also engaged in the petroleum industry.
It was
explained that Sinclair Oil's decision was not based on any feeling
on
its part that its investment in Petroleum Corporation was not a
'
Net
Dividends
order
undue
was
March
The plan would be consummated
its pro
concern
taxes
that
investment
an
of
disposal
on
investments
said
he may
Corp.—Secondary Offering—Smith, Barney &
3 made a secondary distribution of 30,000
Dividends
438,021
170,839
119,165
income
TProfit
of
has been called for Dec. 22 to
acquisition of the 42.3% interest in this
the
Remaining assets
Net
the
with¬
Dec.
on
per
196,096
———
said
to
that
Year-End Dividend of 25 Cents—
engaged in the petroleum industry to own such a dominant interest in
$859,205
32,104
„
Sinclair
transfer
The announcement
the
Net
Deductions
he
what
court
the
on
The
stock.
179,356
$218,547
Other1 income
obpected
grounds
on
company's cash account might
consummation of its plan of
financial
65 cents.
stockholders
of
for
exchange for Sinclair's holdings
$679,849
$316,725
$172,813
$61,849
income
meeting
proposal
cover
will
revenues
expenses,
committees
Lober
Mr.
the
•
the.Petroleum Corp. of America corporation, less 1%
1943—12 Mos.—1942
$1,879,900 • $2,757,970
1,563,175
2,078,121
1943—3 Mos.—1942
$395,340
$707,656
333,491
534,842
Sept. 30—
the
to
shares of
total¬
as
held by Sinclair Oil Corp.
giving, the
by
Account—
come
by
from
the
with
company, and
the
distribution
Co.
.
Company Held by Sinclair Oil Corp. Proposed—
company
(& Subs.)—In¬
Electric Corp.
&
interfere
Philco
has
down
incurred by the company in its Wallenpaupak
Commission
The
$8,579,186
special
vote
2193.
Water
proposed
amount
an
the
from
by Pennsylvania and the court confirmed its
the "actual, legitimate, original cost," as of
31, 1934.—V. 158, p. 1770.
total
desirable
Northeastern
$160,000 general claims on account of
bondholders'
reorganization under the bankruptcy law.
Archibald Palmer, New York attorney representing
claimed
$569,569
ing
A
of Highland Utilities Co.'s Mesa Verde (Col.)
Southern Arizona Public Service Co.'s electritf,
in Cochise County, Ariz., was approved Dec. 6
sale
of
holders
Corp.—SEC Sanctions Sales
properties and
the
four
Pennsylvania Power & Light Co.—Court Sustains FPC
Concerns—
proposed
electric
$100 of
of
$8,000,000
Petroleum Corp. of America—Acquisition of Stock of
of Utility
each
on
interest.
Representatives
2154.
North Continent Utilities
$2.10
1943
company
sustained
is
Co.
and
Pre¬
outstanding
United
,
also authorized
and
directed to transfer for cancellation the 100,000 shares of common
stock of Washington Gas and Electric Co.
to the trustees of that
company
without consideration, complete its liquidation and there¬
after distribute its cash and Colonial Ice Co. common stock.
V. 157,
North
5.10%
ferred Stock—
Co. of
by
Redeem
Co.—To
Electric
Pennsylvania
requested
2365
•
be ,made under
a
company
Quissett Mill, New Bedford, Mass.—Offer for Stock—
Jacob Ziskind of Fall River, Mass.,
purchases
stock
of
the
of
of
New
who has figured in several recent
England textile property,
Quissett Mill at $105
outstanding shares
are
per
share,
is offering to
provided
buy all tho
not less
than
95%
deposited with the First National Bank
of Boston for sale by 3 p. m., Dec.
17.
a number of conditions made by Mr. Ziskind,
providing
be no more than 10,397 shares of the company outstanding;
that the Quissett Mill's balance sheet be substantially as it was on
July 3 1943, except for transactions in the ordinary course of business,
and that balance sheet of West End Thread Corp., a subsidiary, be
substantially as it was on Dec. 31, 1942; and that pending the settle¬
ment date war conditions shall not have so changed as to make it
impossible or inexpedient to make payment on the settlement date.
As of Dec. 31, 1S42, Quissett Mill had current assets of $1,422,516
There
.
America—To Pay 20-Cent Com. Div.—
3 declared a dividend of 20 cents per share
the common stock, payable Jan. 26 to holders of record Dec. 17.
A like amount was paid on Jan. 27, last, on Jan. 28, 1942, on Jan. 27,
1941, on Jan. 16, 1940, on Dec. 14, 1938 and on Dec. 21, 1937.
The directors
also declared the usual quarterly dividend of 87 n
cents per share on the first preferred stock, payable Jan. 1 to holders on
Vice-President and Director—
who until the first of this month served as Chief
of the Procurement Branch of the Navy Department, was on Dec. 4
elected a Vice-President and a director of Radio Corp. of America,
according to an announcement by David Sarnoff,
President. > Mr.
Folsom
w'll be in. charge of the company's manufacturing .division,
RCA Victor, with principal plants in six cities and headquarters at
Camden, N. J.
He wjil assume his new duties Jan. 1, la44.
Mr
Sarnoff also announced that the Board had accepted with
regret the resignation of George K. Throckmorton as an RCA V-cePresident and director.
Mr. Throckmorton, present head of the RCA
Victor Division, is retiring for reasons of healtn, but will continue as
a
consultant to the company.—V. 158, p. 1942.
•
.
New
said.
"Vv".-
..
/*
Securities Corp.—Interest
principal undertthe
ALLOTMENT
30,816,230
the
Ancient
at
passengers
rates
by bus in the
period.
y;
1st
Income
mtg.bonds
1st
Fla. Cent. & Penn.
West
Fla.
Shore
1
5$ 1943—'
cons.
5s
1st
'
$1,340
1,435
'
'
1,725
•
1949_—)
4s
cons.
1934**-™
_™„™
Line'1st
Raleigh & Augusta Air
,5s ,1931 L_-_-
decision on its
of maturity.
payment.
for the trustees, presented
by the Court to take charge of the company pending
application for reorganization and a ten-year postponement
The last maturity date of the bonds, Oct. 1, passed without
Ref.
5s 1941__:™r„™-™.'
Mortgage Bonds: ' •
441.33
158.09
:
.t"/•
898.48
:
1,871.88;
1,854.69
367.38
146.98
835.04
237.05
651.08
1,600
480,74
290.93
110.79
630.56
,1,302.17
1,665.20
'
80.08
,
1,660.71
1,665.20'
136.81
699.53
460.33
368.53
1,867.05
108.07
261.32
33.78
566.34
194.47
338.32
55.56
598.72
155.56
270.62
44,44
478.91
50.08
198.76
99.48
5G6.32
914.64
130.98
"746.53
1,300,28
.
•
„™_;
•'
'
™™.V
2,108.09;
1935
s
2,117:
.
Trust "Obligations!
Collateral
Secured Notes.™,™_™™™,
1,961,13
Seaboard-All Florida Line 1st. 6s. A & B
r
See
Georgia & Alabama Terminal 1st 5s. 1948*™.
949.53
2.063.75',
t
1,819.27 '
Georgia, Fla. & Alabama 1st & ref. 6s 1952.
Tampa & Gulf 1st ,5s
subject
~348.65
74.12
1,075
J~075
1,075
system.
terminal companies are operated by the receivers as part of the
acquired. by reorganization committee through foreclosure.
■
"Properties of these subsidiary railroad and
tProperties
750.00
750
1,873.75
1953—™™-__™_™'
Northern 1st 5s 1936—-1..
Tampa
969.51
1,187.07
.
and Terminal Companies:
"Subsidiary
Govt.—
1,043.78
•
420.94
311.31
1,703.47
.
1,725
614.61
1,933.33
Seaboard
5>7e
107.88
1959——^
4s
__
First & Cons.. 6s_—-
Representative Eugene J. Keogh, Counsel
for the payment,'which covers a six-month period, and leaves
considerable unpaid interest sill due.
The company Itself, which has ;
bought back almost $5,000,000 worth of its bonds but has not cancelled i
them, will not participate-in the interest melon, the Court was told.
Archibald Palmer, attorney for Anna and Catharine Kuhlman, bond- .
holders, suggested a 5%
payment in view of the fact that the com- ,
pany's percentage of, interest will not be taken out . of the treasury. ,
("Brooklyn Eagle.")—V. 158, p. 1674.
262.55
1949
1950
4s
Adj. 5s
the plan
555.50
*..
.
1,600
(So. Div.)
Seaboard General
First
1,435
,'
356.69
t
See
1,258.50
V
'
$1,340
58.74
,
See
Totals
$674.60
$377.14
-
-
'•
share
a
$170
-
117.76
■
1,866.10
Seaboard & Roanoke 1st 5s 1931™*™—
:
struc¬
Common at
Pfd, stock $100
1,000.
.
'•
•
1,240
Raleigh & Gaston 1st 5s 1947—™.™>™™
Seaboard-Atlanta-Birm..'1st 4s 1933-™-—:/
South Bound
.435.
•
'
•
$830
$340"
'
1,625
i945-l__-__-
Georgia & Alabama 1st cons, 5s
company's capital
the
■
■
First
Cash
Underlying Divisional Mortgage Bonds:
Central
issue from
the
remove
mtg. bonds
plus
interest to 1-1-.44
Carolina
and
ture.
SECURITIES UNDER COMPROMISE PLAN
Amount of Indebtedness)
SEABOARD
OF
Total claims
be sent
of the
Reliance Mfg. Co. of 111.—Refund to
around
(Per: .$1,000 principal
*\
Payment
interest payment that will-total about $85,000 will
as
a
New Year's melon to public holders of $5,710,400 bonds
RFC-owned Realty Associates Securities Co.
The payment was approved on Dec. 4 by Federal Judge Grover M.
Moscowitz in Brooklyn, N. Y., on application of the trustees appointed
3rio
outstanding
claims ahd allocations per $1,000
compromise committee's proposals:
_
The following is a tabulation of the
of
Georgia, Carolina & Northern Ry, 1st 6s 1934
Realty Associates
-
and
o^arable CanadiaJl citywhile the Trois Rivieres
going to be closed,":he
Is
and
Frank M. Folsom,
A
in
.
.
,
,
1942'carried
sy5te,?1 carrled 3,838,208
^
,,
during
_
Quebec
facilities
rural
-
directors on Dec.
record Dec. 13.
of
and
'
"
-
As to Transportation
v
bus
car,
war.
treatment for the bulk, of Seaboard securities, made pos .
sible by allocation of an additional $5,091,085 in cash and $8,989,120 .•
passengers
same
As to
Engineering and Construction
more in
first mortgage bonds
(which wilUbecome available with the
-Canadian hydro-electric plants, having a -total installed capacity; of
redemption of the $12,84.1,600 .receivers'- certificates Dec. .16 next),;as
442,500 h.p. and ancillary engineering works costing over $39,000,000,
proposed in a compromise plan of reorganization, was approved by
have during the past ten-years enjoyed the advantage of the. designing,
Federal Judge W. Calvin Chesnut on Dec. 1, in the II. S. District Court
skill pf the engineers and the construction ability of The Shawinigan
at Baltimore.
This action of the court paves the way for completion
Engineering Co., Ltd,'
of the reorganization of the road which has been in equity receiver¬
[A majority of the common .stock of Quebec Power Co. is owned by
ship since Dec. 30, 1930. The compromise plan was presented to the
the Shawinigan Water & Power Co.—Ed.j—V. 158, p. 1076.
court by E. E. Sunderland,
chairman of the three-man arbitration
committee, selected by Judge Chesnut to compose differences among
Seiberling Rubber Co.—Financing ApprovedSeaboard security groups which had objected to the plan presented to
.J. P, Seiberling, President, has announced .that holders of more than
the court by Special Master- Tazewell Taylor last July.
•
.
1
two thirds of the company's prior preference and class A preferred
Judge Chesnut in approving the compromise plan asserted that secur¬
stocks has consented to the company's plan for issuance of debentures
ity holders "must take or leave what mow has .been offered them."
to finance an expansion in tiremaking facilities, and that the plan has
He further asserted that within, two or three months
either the re¬
been declared operative.
1
' . ' .
organization should be put through, bankruptcy- proceedings; started
At the same time, Mr. Seiberling announced that directors of the"
or
the receivership dismissed outright by order of the court,
"One
company had voted to redeem the-317 shares of class B preferred stock
way or another this receivership in the equity court must, be closed
Radio Corp. of
The
City
street
Improved
Bureau.")—V. 158, p. 897.
("Boston News
metallurgical products, most of thenfy
Shipments, are now being made at the
and
approximately $2,500,000 per month.
of
,
Ry.—Compromise Reorg. Plan—
Seaboard Air Line
chemical
of
importance to the
rate
The
liabilities of $605,910,
were carried at
cotton and spun
was' $34,441 In 1942 and $180,245 in 1941.
Net profit
yarns.
ravon
worth
000,000
of vital
been elected Vice-President Jn charge of manu¬
facturing. Mr. Lewis, a former Bendix-W.estinghouse executive, joined
the Schick organization last March.—V. 158, p. 93',
C. Lewis has
Caryl
(including investments of $285,595) and current
net working capital $816,606.
Fixed assets
$534 343
net.
The company is a producer of fine
making
Monday, December 13, 1943
Schick, Inc.—New Vice-President—
are
that tnere
of
CHRONICLE
THE COMMERCIAL & FINANCIAL
2366
be
to'these mortgages: to
The modified plan of reorganization now provides for distribution ;
reports that the Government recovered $2,600,000
of approximately $5,584,000 in cash, and $185,000,000 in ;new securities
under-renegotiation of contracts for the year ended Dec. 31, 1942.—
in
settlement of $305,668,000 in' principal and; intefest
claims sub¬
V. 158, p. 1075.
'"".y-"
.'•-V'- ''':■(■'■> ;-::r mitted by bondholders. Without interest the claims would total dp- f ;
proximately $160,887,000,
:
•
;
,
' "
.
, ;
Reynolds Metals Co.—Acquisition by Affiliate—
Steps have already been undertaken by the committee of reorgani¬
See Richmond Radiator Co. below.—V.
158, p. 1942.
zation
managers—Charles Markell, Baltimore,. Joseph France, Balti¬
more, who represented the underlying bondholders, and Otis A. Gladebrook, Jr., New York, who is Chairman of the ebipmittee of general :
Richmond Radiator Co.—Purchases New Plant—
mortgage bondholders—preliminary to ■ its efforts to,, reorganize the
H. L. Charlton,: President of this company, a Reynolds Metals Co. /
railway.
Judge Chesnut is expected to sigh the order confirming the ;
affiliate, on Dec. 3 announced that negotiations had been completed
compromise reorganization.- -The order is now beipg made ready, for .
for the purchase of the United States Sanitary Mfg. Co. at Monaca,
.his signature.
" :
Pa.
This plant is located on the Ohio River approximately 35 miles
Preparations are already being made by the reorganization managers
northwest of' Pittsburgh.—V. 158, p. 1942.
,,
■
- : f
to apply: to the Interstate Commerce Commission
for authority to
solicit deposits of bonds.
It is expected that it will require several I'
weeks before this application can be presented, and acted upon.
Conse- •
Royal Typewriter Co., Inc.—Listing of Common Stock
.quently, it, likely will be! some .time in January before' solicitation of .
The New York Stock Exchange has authorized the listing of 1,074,deposits can start.
472 shares of common stock
(par $1).—V. 158, p. 2052.
Approval of the Commission is required under 'Section 20a of the ,
Interstate Commerce Act, for the new securities which it is. proposed
to issue under the plan.
V •
*
■
"
St-. Louis-San Francisco Ry.—Earnings of SystemDesirability of putting through the compromise reorganization plan
period End. Oct.'31—
1943—Month—1942
1943—10 Mos.—1942
as soon
as possible was stressed by sources close to the reorganization
Total oper. revenues— $10,373,837
$9,654,363 $93,183,474 $72,233,191
managers.
It was emphasized that the road should be reorganized
Total oper. expenses
7,213,080 - 5,223,842 59,993,308 46,531,760
before the end of the
war
ill order to take advantage of present
Net ry, oper. income™1,927,833
3,829,325 20,388,093 21,155,542
favorable conditions.
The only alternative, it was stated, is resort to
Other income
17,324
15,580
170,688
157,881
bankruptcy proceedings under Section 7,7. .Such a mpve would likely
cause long delays which might throw the matter into the'uncertainties
Total income
$1,945,157
$3,844,905 $20,558,781 $21,313,423
of the post-war period.—V. 158, p.'2259)
■> u*
./t-j,. •.<
Deducts, from income™
24,118
11,711.
131,891
141,252
■
-
The
the company had entered
into an agreement with the Mutual Life Insurance Co. of New York
to purchase $1,500,000 4%
15-year sinking fund debentures, subject
Anhbuncement
company
dicated
that the company would immediately conclude
arrangements with the Mutual Life Insurance Co. of New York and
proceed With plans for ;the expansion of tire' and tube production
facilities
at
its Barberton,
O., plant.
He said, that approximately
.
,
$1,000,000 would be spent for machinery and equipment, and
for additional manufacturing space required.—V. 158, p. 1863.
Net
Devel,,
Realized
—v.
fixed
for
avail,
"Bal.
<
■>'
>■
,'
•
$1,921,039
,
Interest
Consolidated Mortgage Bonds—
on
A
.
;/v,;
Payment in full of the Interest installments due March 1, 1943, and
Sept. 1, 1943, ($45 per $1,000 bond), and an additional part-payment
of the interest installment due March 1, 1942, ($3.91 per $1,000 bond),
.will be made beginning Dec. 10,
1943, on the consolidated mortgage
gold bonds, series A,' due 1978, and certificates of deposit tfterepresentation thereof for stamping with a legend indicating
payments.
"
*•* 1 '
.'
'
#jLg
Interest
is payable on bonds
at office of the company, ana on
certificates of deposit at office of Chase National Bank, New York.
—V. 158, p. 2259.
\
'
amount
of
$5.73
1943—Month—1942
Period End. Oct. 31—
revenues
$5,645,993
expenses
2.527,987
oper.
$3,118,006
Net
oper.
fr.
rev.
$2,734,210 $29,343,586 $19,641,935
'• "88,254
822,011
801,548
14,922,134
7,607,764
7,100,000
956,163
774,379
85,799
$1,222,557
517>
.. ,r.
,
•
.
Federal
—
■
1943—Month—1942
1943—Monthr-rl942
Sales
•'
•
'**'
Other
oper.
ry.
income
income
33,493
income
$1,256 050
Total ry. oper.
Deductions
Net
350,553
^
ry.
$1,128,084 $19,431,729
8,152
oper,
113,201
$913,6;?,
income
Gross
303,328
28,716
255,373
$1,488 874 $12,946,606 $10,713,619
3,514,876
3,123,357
360,790
$905,497
income.
Non-operating ' income•
8,606
$7,590,262
89,610
$1,136,690
$9,544,931
$7,679,872
253,843
2,807,455
2,522,618
259,475
-1——.——
income
$654,174
income
Net
—V.
gross
158,
p.
$882,847
$6,737,476
$5,157,254
Schenley Distillers
Acquire BFatz Brewing
Co.—
of the Blatz Brewing Co., Milwaukee, Wis,
this 92-year-old brewery would be sold
Dec. 15 to the Schenley Distillers Corp. for $6,000,000.
Mr. Gabel said he would continue as president of the company which
Frank M. Gabel, President
Nov.
on
Is
25
producing
announced
that
1,000,000 barrels of beer, its capacity.
nearly four city blocks in
The brewery
Later
it
was
sold
berg of Chicago
by
—V.
was
Dec,-3 declared
on
of ^4
dividend
a
6hare
per
company
founded in 1851 by Valentine Blatz, then only 28.
to an English syndicate.
The late Edward Lands-
bought it in 1920. The majority of stock is still held
Edward Landsberg,
("Pittsburgh Post-Gazette.")
■'
■V,
expenses.
' 1,916,781
.
depreciation-™™™,'™-.
630,007
1,916,781
.
$29,693,764 $26,836,546 $24,251,345
...
-
r
-
-
638;927
638,927
638,927
638,927
Earns, per common shr.
$5.07
$7.43
$7,83
$6.57
"Includes $858,670 -in 1941, $3,338,590 in 1942 and $2,788,200 (less,
post-war refund of $309,800) in 1943, excess profits taxes and $7,414
in 1941, $9,388 In 1942 and $432,284. in 1943 credit adjustment of Fed¬
'
eral- income
' ;
for prior years..
tax- provision
Consolidated
v
.
'*
•
Sheet,'Aug. 31
Balance
' '
y
716,330
Inventory
2,662,569
2,681,119
.196,195
2,100,000
3,262.602
3,074,108
;
.
tb:
inc^aM'prof its'taxes™
.
k
to
.
the
of
Shawinigan Water & Power Co.
is ..to generate,
Post-war .refund
this
Quebec which the company is privileged to serve, nevertheless, through
instance:
•
^
As
to
Industrial
Shawinigan Chemicals,"Ltd., is
cnenn. ai
products .in
among
similar
and in
plants aWi which
crmpanies
the
in
.
•
duties
\ .
,
Chemicals
to
perform.
the
British
Empire
and
ranks
high
Shawinigan
Falls
district
during
1942
over
$2,-
23,389,544 25,091,081
—_*„__*_***.*——
3,724,601'
3,273,94
profits, tax**™™—.
327,203..
*™
™_L™--i™-™_
294,318
432,723
^™„„
———
charges.
.*T™_™™™™c*™*^~™—.
Preferred
Deposits,
dividends
802,534
.1,007,241
——_r——
134,299
payable**^'—™—_j*
accounts —c™_
Federal
inqome
for insurance,
Earned
surplus
taxes
694,449
639,35
™*_™:_™'-.:—447,801
497,407
*—*_*
*^**™™_-
(estimated
—
contingencies, etc™-****
*:_**—
1
113,015,766
1,163,899
30,942,403
6,388,03
750,91
29,643,7G
$72j259,l78 $71,183,64
Total
"Less reserves for
129 shares in
,140,486
830,077
629,465
officers and employees™*"
to bankj
i—-;
Notes payable
Reserve
;
America.
In the company's own plants
associated/there was manufactured and
.
Total
/
of the most important manufac¬
.
™_~™_™™—™—**r_L™!iL™—* $72,259,178 $71,183,645
Liabilities-*1
)
^Preferred stock
;—*
1*—- $1?,743,175 $11,238,90
§Common stock
15,973,175 15,973,17,
Accounts payable and trade accounts*
8,378,393
5,217,163
,
Accrued
,For
one
-
of excess
assets
-
function of
dis¬
transmit and
electrical energy to meet the. needs of cities, towns, •
rural communities of the major part of the Province of
essential
...
Investments
sufficient
subsidiary corporations it has other
■
*
-
—
Other
1
,
stockholders
.
.
.
$5,685,378
$5,044,002
.-
"Plant;and
Patents,
.
from
605,258
,-2,395,976
24,750
'
$26,7.98,133
626,064
company and of the Quebec Power Co* says:
K
not generally understood that while an. important
shipped
24,750
(par- $25)
Assets—
418,220
Net income subject
of
:
580,507
1,916,781
555,758
sto.ck4
Deferred
turers
.
Surplus, Aug. 31
$30,942,403
stock outstdg.,:
'
1942
.
3,147,758
)
and
24,750
26,336,543
380,022
..
3,668.455
'
Fixed
charges
Exchange
villages
24,750
$5,611,185 ; $4,828,746
24,251,345 21,994,137
'■ $5,329,256
;
1943
1942
equipment™.-,*™-.-™*:-.*—-,-—$18,275,853 $19,823,383
trademarks———.—*—*.-*-*—'• ' •.
1
;
'» I
Cash
—
15,231,038 10,673,732
U. S. Government securities™**-—**—*—i*
350,814
124,947
tNotes, ac.co.unts.and acceptances receivable**** : .9,863,273
10,306,591
1943
~
Taxes
tribute
608,611
1,036,472
624,791
3,213,186
$2,795,928
29,643,764
stock.
:
$17,938,473 $18,095,753
rentals
for
689,584
6,132,702
Shs: com.
Earnings—
,,
operating and maintenance
Provision
'
196,405
30—
purchased
Water
40,591
'•
'
,
2,175,000
Shawinigan Water & Power Co.
9 Months Ended Sept.
Gross revenues
Power
.
Diys, paid, on com,
15 cents; and Dec. 29/.
,
'
Divs, paid on pref.
announces
158, p. 1539.
,
$33,414,941 $32,141,052 $29,837,780
*
..
General,
57,028
$7,542,250
- 1,027,830
on
called
with
made: June 30,
The
'•
.
.
pref. stock
for redemption
Premium
26" cents.
1
that it is expected that the Entire amount '
dividends paid by "the company In 1943 will be ndn;taxaBIe to share- r
were
sold :
scrapped, prov; for *
Su.rp. begin, of period-^
Dividend— )
cents
1940
$7,485,290
income
{ Net; profit,-™™™*_li;
;
distributions
Milwaukee.
Estate of
158, p 2259.
the
The plant covers
;
,
"Federal
stock, payable Dec. ,27 to holders of record Dec, 17. This
18 cents per share paid on June .30, last, and brings
for the year to 42 cents per share, the entire
amount being derived from current and accumulated dividends and int.
on
securities owned by the company) -In 19.42, the following payments
the
.
Account
1943
1942
1941
$12,034,840 $13,394,293 $11,083,577
221,265
.
221,648
86,553
doubtful accts., etc.*_
1,157,813
taxes4,957,916
.;*•
:
,
or
the capital
compares
total
i™™-™
Loss on perm, assets
. . . ,
;V.1 *
Inc.—24-Cent
Shares,
American
directors
James
Corp.- -To
--
Cleveland-r-Earnings—
Consolidated Income
'".Balance
Subsidiary Operations^*Wilson, President',notice
1863.
-
'■
-1.-™!* $12,256,105 $13,615,940 $11,170,130
Prov) for depreciation-*.
1,426,108
1,383,000
1,660,864
Interest; expenses^™-:*™ •
68,340
81,399
60,104
92,469,397.. 85,009,852 .718,301,756:741,304,551
-.
The
of
$244,149
7,476
income
Total
■
—V.. 158, p. 1S42.
,
from
Deductions
:
.1943—10 M.OS.—1942
.1943
$ ■
'' ' 1
$
'■'$" '
holders from the standpoint of income taxes.—V.
oper.
Railway
Island
. .. .
Sears-Roebuck & Co.—November Sales—.
Period Ended Nov. 30—
on
$241,905
43,444
write-offs..'
each $80
on
$1,460,158 $12,643,278 $10,458,246
80 550
1,713.676
income
Federal
Other
101,222
ry.
ad valor.
Ry, tax accr.;
1943—10 Mos.—1942
$4,818,806 $52,820,491 $38,850,091
19.208,157
2,084,596 ,23,476.905
cents
46
.
Selected
Railway
and
bond
Other
of the appropriate amount of interest nnd returned to '
presenting the same for re-attachment to the bond.—V. 156, !
payment
those
Railway—Income Statement—
Railway- oper.
$1,000
profit'
Trading
Trust Co., Providence, R. .1., on or after Dec. 1, 1943, upon ..
presentation of Coupon No; 1 dated Dec. 1,: 1939, representing such
interest. Such coupons-will be stamped with a notation show- ':
p
23,000
$190,811
74,080
Years Ended Aug. 31—
-
In -
income
ing
34,000
777.
i
Hospital
on
St. Louis Southwestern
each
on
such
.
Interest—
mortgage bonds
the general
interest on
income
of
bond, will be made at the office of the corporate trustee, Rhode
4'/2%
i'or,
payment
the
$267,149
$275,905
.
.
Seaboard Ice Co.—Payment of Income
•
$3,833,193 $20,426,889 $21,172,170
"After
deductions of $696,344 in October 1943 and $7,616,473 in
period Jan. 1 to Oct. 31, 1943 for estimated income taxes compared
with $100,000 in month and $500,000 in period last year.
•
Charges
$264,981
2,168
$232,811
42,000
profit before
p.
$272 952
2,953
-™r™
taxes™*
Sherwin-Williams Co.,
*•_
.•
158,
691,002
$211,842
.20,968
CapitaF expenditure?
.
$955,982
785,647
_™™^„_™
revenue
for
$1,058,599
658,390
income
Total
-
Provision
1941
$870,232
™'
Operating profit
Non-operating
..
costs!
admin,
&
oper.
:
sale.s__-_L__.
metal
from
return
$500,000
Ltd.—Earnings■
1943
1942
Sherritt Gordon Mines,
Quarter Ended Sept. 30—
,
,
said
Seiberling
Mr.
_
.
The new announcement in¬
*
V
' ' V '
ponsent of. preferred stockholders.
that approval had been received.
to .the
.
'
made last month that
was
depreciation.
tRepresented by 107,of series AAA 5% cuniu-
(Less reserve."
1943 and 112,389 shares in 1942
Volume
Number 423?
158
"
'
($25 par),
Native preferred stock, $100 par; ^Outstanding, 638,927, shaves
ilLess U. S. Treasury notes':of.$3,357,920.4-V. 157, p. 19^0/ -
The
of
be
has called for redemption
company
of
$210,000
1961,
100
at
made
! Earnings—
of Jan. 15, 1944, a total
debentures due Jan. 15,
the
office
fund agent, 23 Wall St., New
York, N. Y.-—V. 158, p. 2260.-
•
-
;
Cincinnati, Ohio (Good Samaritan
School)—Bonds Called—
total
A
1,
An
■
of
,
int.
$155,900 of
additional
1949, have
and int.
called
been
dent
Bank
National
of
157, p." 2258.
'
;
;
(
$51,607
67,829
ard
Z
i
"
Boatmen's
88,939
Land Co.—Tenders Sought—
/
The directors have declared
a'
dividend of 20 cents
per
11;
^stock,;
This
.
President, said: V-:
.*• \
' '-V
•"'The company's principal product," pig iron,
has been held by
governmental action at the same price for several years, while during
that jSeriod the cost of labor has repeatedly increased;
Other operat¬
ing expenses/Including materials and supplies, have likewise increased.'
The company is further confronted with the fact that its coal mines
are
now
being operated under government control and costs of. coal
are uncertain and undetermined."—V. 158, p. 1076.:,
//,■■..;
December
I
:
Other
229,578
income—__A $62,309,220
),356,309
income..
ILoss
Depreciation
(See
fixed
Amort,
of
Other
t)
26,666,796
'
'
>'
"v
303,208
964,511
.
—_;.
-
y.-'J."
608,097
350,258
50.217,400
5,305,056
'
,
51,777
1,390,556
'
■)
38,437
565,000
HSpecial reserves.,;1,85D,000
of
sub
y
13,192
—
_
—V. 158/ p.
Net.
profit;:.........
com.
Earnings
per
♦National
100%
share—_
Defense
$1,686,682
497,900
,
$5.49
$3,39
facilities.
tFor two months prior to
^Including depreciation of fixed assets
emergency
capital stock ownership,
s
$2,734,657
497,600
$3,700,995
498.800
$7.42
$5,633,723
498,800
$11.29
stock (no par)
t
amortization
of
emergency
'
/
facilities
Note—Dividends
*
1
'
Assets—Cash
and
notes
in
and
banks
notes—Series
sayings
during
paid
accounts
C
fat
on
cost
receivable
amounted to $497,600 and 1943,
1942
■ ; ■'
■'
Consolidated Balance
; ' ,• '! :
Sheet, July 31,
..
plus
(less
accrued
reserve
1943
U.
S.
-
Treasury
doubtful
of
$69,243H.
unamortized expenditures under
prepaid expenses and other de¬
$43,628;
$369,316;
ferred items,s$691,952; goodwill, $1;
production
contracts,
total, $70,212,155.
Liabilities—Accounts pavable, $3,454,800; customers' deposits on con¬
tracts, $264,654; payroll accrued, $2,927,213; accrued real estate, per¬
sonal
property, payroll and other taxes, $1,082,535; accrued .claims
payable (Workmen's Compensation Act), $74,748; other accrued lia¬
bilities, $54,246; accrued Federal income and excess profits taxes-(less
Treasury savings notes and cash of $46,829,630), $59,790;
accrued
State income taxes, $3,927,143'; estimated net refund which may result
from renegotiation of Government
contracts, $4,316,000; notes pay¬
able—banks, due Aug. 31,
1946,' $25,000,000; ' reserves for post-War
adjustments and rehabilitation, $1,000,000; reserves for possible loss
as custodian of Government
properties/ $500,000; reserves for possible
loss from cancellation of war production contracts, $350,000; reserves
for contingencies, $335,802; common stock ($10 par), $5,000,000; earned
surplus, $21,880,392; reacquired capital stock (1,200 shs.), Dr$15,168;
total, $70,212,155.'
../
Suit—
The
and
-
'
,
.
naming
the
company,
v. ;/■■■
formed a 25-year agreement
it was said,
4
p.
1943.
\
1
Stock Issue
t
,'
-
The
- ;
shareholders;
on
'/
;/
Dec.
2
were
oil
-
and
gineering
•
1941
"
convertible preferred stock
special meeting called for
Dec. 22, 1943.
Rights', to purchase ,th^ ,new issue, which would rank
on
a
parity with the company's outstanding 5 % cumulative preferred
stock, would be issued, to common-shareholders in the. ratio of one
share, of, trie new $100 par value convertible preferred for each eight
shares
of common ; stock.
The proposal asks that the directors be
authorized
■
time
the
the
set
to
offering
callable
In
at
$105.
connection
basis
and the
dividend
rate
at
the
made, but specifies that the dividend rate shall
and not more than 43/4% .
Trie new stock would
is
be not less than 4%
be
conversion
..
with
authorization
of
the
new
convertible
preferred,
creation of 488,888 additional
shares of common stock,
a
portion of which are to be reserved for
satisfaction
of the conversion
rights.
Any shares not so reserved
would be available for issuance for oil producing properties and for
stockholders
other
are
corporate
asked
to
approve
the
purposes.
.
,2,153,154
*
."*.
will fte made for admission of the subscription
trading privileges on the New York Stock Exchange.
"The
is
to
purpose
provide
of
new
warrants
preferred stock
capital for the expanding operations of the com¬
the proposed issuance
1,302,219
.
,
2,723,342
.
24,891
/ Cr53,738
1,697,241
2,460,061
of
natural
than
.
? 861,086
..
.
-
..
•
..
.
82,897 T
•-
Cr342,194
396,721'
325,275":
418,956
498,186
379,084
413,736
en-\
,
645,062
Fed-
-
v
-
1.189,244
1,333,875
1,240,104
979,655
1,518,496
1,377,760
-1,014,294
1,347
1,160,958
91,644
<
125,057
administ.
and
>
'
receivable—__
and
of
1,510,640
'
-
advances
subsid.v'j-J..*
152,983
144,552
$12,458,759 $12,736,609 $12,096,092
$6,720,233
w-v-:.:
v
-
Gross
profit
Other income
234,641
222,940
236,602
148,329
$12,681,699 $12,971,250 $12,332,694
Total income
'
$6,868,562
Intangible
development
expenditures
4,595,178
,Rents of undevel. leases
872,826
"
.
.
4,632,748
7,092,938
5,173,338
' '831,189
1,738,361
651,610
1,812,074
701,150
depl. & depr...
1,675,227
1,337,133
inc. taxes
200,000
200,000
Properties abandoned...
484,117
720,995
516,699
430,304
for
Prov.
Prov. for Fed.
Profit on sales of
s
llenise (net)
.Profit
prop-
'
Adjust,
of
than
taxes
inc.)
prior
written
off__
/
'
debt
Interest
on
,
notes
Cr71,238
.
351,408
;
'
pay¬
16,959
17,099
21,152
146,673
525,000
509,725
323,645
120,069
51,102
debentures.
on
Amortizat. of
21,156
deb. disct.
and expenses
Net
Cr51,410
Cr76,090
Cr83,805
.
etc.
Interest
Cr66,634
.
_____
(other
for
years
able,
Crl,994
of
'/ claiifts
Bad
'
.■
-'-
settlement
on
/
-
income.
;
$4,249,258
________
Dividends
634,521
Earn, per common share
$4,512,798
$1,742,095 *$1,068,652
423,014
_____
$10.67
,
$4.11
$10.05
105,753
Nil
♦Deficit.
Balance
Sheet, Aug.
31
Assets—
Cash
in
1943
bank*
and
and
hand
on
receivable
accounts
Investments
and
Undeveloped
1942
$6,202,124
advances_,_____
properties
$6,980,125
1,856,218
2,684,405
(net)_____,:
1 455 280
2,963*,526
1,556,632
1,658,994
4,442,368
—
3,025|573
Producing properties and tangible oil well equip¬
Other
(net)
____—
—
Total
—
7,974,987
7,713,042
11,599,418
1,753,585
-n—
properties and equipment (net)j._:
charges
Deferred
-8 225,414
1,355,579
$38,069,736 $33,377,532
—
Liabilities—
Accounts payable
Accrued wages
—.
interest
Accrued
taxes, other than
Reserves
Capital
surplus
:
(par
$25)
_J__i
;
431,544
15,000^000
10,625,350
86,347
—i
_____
—
86,347
8,634,559
;
surplus
—
175,412
580,747
10,625,350
taxes—'
785,899
15,000,000
stock
Total
108,819
811,418
income—
debt
Capital
—V.
$1,144,339
175,304
:
income
for
Funded
Earned
$2,031,802
124,209
Accrued
5,019,822
$38,069,736 $33,377,532
158, p. 586.
.
Application
to
1940
.
.
2,851,496
income
Doutbful
to
1942
in
expenses—
other
Losses
Subsidiaries)
.
etc.__—__
Geological, land and
ment
notified of the corporation's pro¬
posal to issue $10,138,900 of cumulative
subject to .approval, of shareholders at a
plan,
1
.'Vv
holders—
-
c
Preferred
Which Will Be Offered to Common Stock¬
Co. of Ohio—To Create New
Oil
per
made
Account
Income
Inventories
Standard
cents
were
^
""
gasoline at market-_„
Notes
Television Corp., Chicago—Employees'
payment of $20 per week for a maximum
of 18 weeks will be made in the event any employee is laid off.
Such
payments will begin after the 18 weekly payments from the State; or
if for any reason the State payments are not made to the employee,
payments from the Sonora fund will begin immediately.,
The entire cost of the unemployment compensation fund,--which was
created primarily to care for. employees who are without employment
due
to
conversion of the plant from war production-to peacetime
activity, is taken care of by the company, the* announcement said.
N6 contribution or payroll deductions Is required from any employee.
One of the outstanding features of the plan is that employees in
the armed forces will be eligible for benefits of the fund upon their
release from the service.
In the event they have given their lives, the
Sonora plan calls for payment of a sum equal to 18 weeks' unemploy¬
ment compensation to next of kin.
; Sonora also provides an employees pension and loan fund for all its
employees
Under the benefit fund, regular payments are made to
employees who retire at the age of 60 after serving a minimum of 10
years with the company, and loans are made to employees to cover
emergencies.
An insurance plan provides hospitalization and surgical
benefits for employees.
As in the case of the unemployment eomSonora
158,
6%,—V.
at
20
each
158, p. 2296.
with Lago.
which
$23,535,976.
Estimating that in the remaining five years of the contract
another 180,000,000 barrels would be produced, the plaintiffs added
$9,000,000 commission for that, and asked also court costs and in*
This
.
1943
Geophysical expenses^:.-•
in the
1943,
Through last year it had produced 470,719,532 barrels of oil, on
the
plaintiffs figured they were entitled to a commission of
Compensation Plan Formulated—
■ :
'
; r
The formulation of an • unemployment - coriipensatlon program to: help
solve post-war unemployment problems was announced last week by
this
corporation,
now
manufacturers of aircraft communications
the
crude
'•
kwh. for the
'
.
of
25. cents
$21,452,478 $20,760,723 $18,805,599 $12,324,078
v
•*••.- *
,
*
413.009
530,243
457,182
171,281
&
interest
Decrease in inventory
as
.
dividend
of
1676.
2,224,808
lessors'
of
expenses
''•-/: -.'j.,
Co.;, Ltd.
Petroleum
Mexican
British
terest
Under
158/ p.
storage
Purchases
.
:
year-end
transporta¬
and
/General
*
equipmept.
tion
•
,
.
a
distributions
revenues_^'_/.^i« $21,865,487 $21,290,966 $19,262,781 $12,495,359
Total
Taxes,
''
it
18 banks for
Sonora Radio &
Quarterly
Aug. 31—'
oil, nat-
crude
Production,
and two corporations'in
.
.
corporation reports a revolving credit agreement between
$40,000,000 up to Aug. 31, 1946.—V/158, p. 1863.
have. declared
5/ 1944.—V.
production,
"
-
"/%■/.'
suit for $32,535,976,
75,073
outstanding capital stock, payable Dec. 24 to holders of
partners'
defendants the Standard Oil Co.
which-it is said to have large
/ holdings, was filed Dec. 6 in Federal court at New York.
The plaintiffs
alleged breach of. a. 1923 contract involving exploitation of Venezuelan
;
oil property which since has become "the largest producing oil field
in the world."
' " '
*
V.
The complaint, was filed -by Lewis V. Curry and Mercedita Campbell,
administratrix of the estate of -Mr; Curry's former associate, Willet L,
-*Wagner.- It set forth that the Lago Petroleum Corp./a defendant, had
offered
$1,000,000 in settlement of the claim, but when that was
refused repudiated the contract, and no payments were received.
The
third defendant,
which hs^d received / certain assets from Lago and
assumed certain of its obligations, was the Cr.eole Petroleum Corp,-,.
According to the complaint, Lago in 1923 had been seeking some
person or corporation to "exploit its facilities in Venezuela.
Through
Joshua S. Cosdert, its agent,'it was alleged, Lago contracted with Mr.
Curry aftd )Vlr. Wagner to pay "them 5 cents a barrel commission on
oil marketed by it through a backer to be found by them.
The backer
they found, the complaint continued, was Sir James Currie, agent of
A
of'New Jersey
.
.
Revolving Credit Agreement—
the
Transport., etc., operat
for the week ended Dec. , 4,
4, ./■;
.././,
'
$1,420,106
/
ural gasoline and gas_
'
Jersey—$32,535,976 Asked in
Standard Oil Co. of New
■'
lntere3ts/v----«~-I-*-IZZ
share (862,855 net outstanding)_„_„____„
$i,64
earnings are shown before provision for renegotiation of
Dec/18.*
Sales of
:
companies
operating
3,012,455
$1,495 179
—
(Including
/
of
Items
inventories, $18,707,109; amounts due from U. S.
Government
under
facility
and
supply
contracts, $2,028,529; life
insurance policies, cash surrender value, $1,141,895; investments, $335,r
502; property, plant and equipment. (less reserve for depreciation and
amortization, of
$23,182,687), $11,242,750;
patents (less reserve for
war
of- the,' publid- utility
output
totaled
,
•:../■ ' J -*
—
Consolidated
interest), $3,004,500;
for
$4,507,635
Superior Oil Co., of California—Annual Report—
Output—
209,824,000 kwh./ as compared with 175,588,000
corresponding week, last year; an increase of 19.5%.—V.
;
$89,167), $13,415,507;
amortization
Electric
Standard Gas & Electric Co. system
^
,
hand,: $19,231,466;
Jan.
stock,; payable Jan. 3:
Standard Gas & Electric Co,—Weekly
'•
$4,135,056
earnings
directors
eral
'
1?>43
Jan. 15, April 15, July 15 and Oct
15, this year, and last year.
year-end distribution of 20 cents per share was also made on Dec.
The directors; in addition, declared the usual quarterly dlvi; dends of 25 cents per share, payable Jan. 15/ 1944/ to holders of record
„
per share on the 5%
cumul. conv^ preferred
to-holders of record Dec. 31.—V, 158, p. 2087.
30,
31, 1942.
stock,
common
Sept.
on
a dividend of 50 cents per share
payable Dec, 2D-to holders of record Dec. 11.
Similar;payments were made, on-March 31, June 30 and Sept.; 30, last,
and in esch quarter during 1Q42.;
•
■•,•/'
'
"
The directors also 'declaredthe ' Usual quarterly dividend of $1.25
tlie
acqui¬
approximately
totals
now
several
including
of
process
A
directorsVon Dec. .1 declared'
The
on
..
•
$498,800."'
per:
on
record
.
,
in
contract prices.
share
/''/" •' *•■/■.
/,-"" '•
'
discovery of
properties,
Year-End Dividend of 20 Cents—
Company—50-Cent Common Dividend—
Square D
;
totaling $1,393,300 in 1943
and $1,110,747 in 1942,
Includes $44,370,400 (1942, $4,172,376), for
excess, profits taxes and $3,900,000
(1942, $280,000) for State income
taxes.
^Includes:
■'
"
Post-war adjustments and rehabilitations-.———
—
$1,000,000
Possible loss as custodian of Government properties——
$500,000
Possible loss from cancellation of war prod, contracts..;
$350,000
and
1943.
Ended
Months
earnings
Note—Net
war
' 1943—11 Mos.—1942
$4,609,052 $26,217,000 $37,653,064
$2,658,200
Sales
.
Shs.
Nine
ing revenues
'
the
now
372,579
Years Ended
Spiegel, Inc.—November Sales—/
" Period Ended Nov. 80— ' 1943—Months-1942
in
proven
earnings
Earnings
consider their further
provisions of the pending revenue
company statement said.—V, 158, p. 2296.
bill are known," a
the
which is
income
Net
directors ' will
that/the
resulted
of
Co.,
Earnings applicable to minority
/.
anticipated
Gas
&
(Including Canadian Affiliate)
,
action of; the directors."
The stock dividend, declared
at the rate of one share for each five Shares out-'
v
is
"It
refund.... 0*4,000,000
Income
1,
.
Consolidated
action in the matter as soon as final
.
.
was
standing.
'
943,625
,
*72,308
expenses
Net
further
29,
'•
which have
production
Oil
semi-annhal dividend of 25
a
and
*
,
a
'
assets..
paid
company
Illinois,
Kansas,
Depreciation, $115,857; provision for normal Federal Income
tax (estimated), $601,500;. provision for Federal excess
profits tax (estimated), $1,804,500; capital stock tax,
$39,843; provision for Canadian normal & excess profits
and other foreign taxes (estimated), $450,754
:
a,
upon
$3,233,744
$5,520,209
Adams
the
Gross
the common
on
Arkansas,
Superheater COv (of Del.)—Earnings—
Other
precaution against the possibility that the new tax bill may
levy oft 'stock dividends, the directors on Dec. 8 rescinded their
recent
action
declaring / a; /stock dividend of approximately 100,000
shares to holders of common stock.
The directors left the door open to payment of a stock dividend,
however, by adopting resolutions "tentatively declaring a stock dividend" at the same rate as the one rescinded to be effective "only
4
-
Fed. and State ine; taxes
ttEstimated
30,, last,„ the
Nov.
dismantling of
on
the
on
share
per
As
put
'
Total
and
payable March, June, September
the fiscal year ending Aug. 31,
were
by extensive exploration activi¬
Kentucky, Kansas, Louisiana,. Arkansas,
Illinois,
Texas,
Current
For
"
$5,449,513
$3,168,622
70,697 J /■ 65,122
84,891
$1,
stock
common
Profit from operations
Sons, Inc.—Stock Dividend Delayed
Pending,Tax Law—
'' J*/. ■'
-
3,271,418
and
of
^
Spencer Kellogg &
1943
"
1942 .
1941
' ;
1940 /
Net sales::v_—„—„„$173,263/447 $55,306,112 $46,667,754 $29,835,418
41,218,241
Michigan,
pools.
The
(A. O.) Smith Corp. (<£rSubs.)—Earnings—
$62,079,642
par
in
marked
been
sition, and of the newly developed fields
8,500.barrels per day.—V.. 158, p. 2197.
stock, as compared with an initial"
") dividend of 16%, cents
per-share, on Dec: 21, 1942.
v
/
Action of the directors on'the common dividend follows a modified
order of the SEC under which dividends on the common stock are
limited
to
50 - cents per share-per 'annum,-except that during the
1 12-month period commencing Sept. 1/ 1943,- the company may pay a.
dividend not in excess of $1 per-share per annum.-:—V. 158, p. 1863. < •
Years End. July 31—
Operating income
1,
June
On
cents
'
Operating'charges_____ 111,188,805 146,034,694
in
that
i
par
compares
row,
stock,
common
course
change In Stand¬
1930-31, when the
since
increase
Mississippi,
in
has
year
,
.
ordinary
major
structure
an
the
construction,
..
new
policy of regular quarterly dividends
adopted the
directors have
on'the
,
basis ,of
and
declared the following dividends on the common stock: 8Va cents per
share (representing dividend at the rate of 50 cents per share per annum
for the {.wo-months:period .ended^^ Aug. 31, 1943) and 25 cents per share
j (being initial regular quarterly dividend at the annual rate of $1 per share
for the first quarter ended:Nov.-30,y 1943, of the present fiscal year),
both dividends being payable Dec;- 20 to holders of record Dec. 10.
;
The directors also declared the usual quarterly dividend of $1.625/2
per share on the 6Vz % 'cumulative-preferred stock, par $100, payable
"Feb. 1 to holders of "record Jkti. '20,- .
",
share qn the
$20, payable Dec. 21 to holders of xecord
with 30 cents paid on Sept. 21; last. *• Prior
to
the five-for-one stock split-up,
the company on March 22/ and
June 21.
1943 paid $1.50 per share on the $100 par value common
stock.
In connection with the reduction of the dividend, Hugh Moricommon
Dec.
properties
current
Oklahoma
f
The
stock
preferred and
in
be
specific
comple¬
no
the
under
,
first
the
has
for
than
now
the
1942,
ties
Service Co.—Common Dividend
V..-.
;
to
imnortance."
represent
capital
-
'.V *'/;•'
;*
r .*•;
;• \
„ i
/•;
Sloss-Sheffield Steel & Iron Co.—Reduces Dividend—
nciv
Ohio's
producing
12
Policy Adopted—
St. Louis,
National' Bank' of
of
considered
major
will
Texas.',-.
Southwestern Public
trustee,. St. Louis, Mo.,
I
will, up to the close of business on Dec. 20, 1943, receive bids for the
sale to it as of Jan. 1, 1944 of 1st mtge,. Income bonds dated Jan., 1*,
1935 at prices hot to exceed par and int.
It is estimated that oh
Jah. 1, 1944, there will, be $12,500 available in the sinking fund for' j
the purchase of bonds of th:s issue.—V.; 156, p. 2139;
*
'" ,/
The
of
financing
other
unit,
company's net crude oil production averafed
1,868
barrels per aay.
bince December
1942 crude product on
nas
been
substantially increased through the acquisition of a number of proven
,
'•
'
;
Oil
expenditures
not
or
cracking
authorized.
$138,673
«,
than
new
The- company
consideration
catalytic
present issue of 5%
Bank of Commerce, trustee. Memphis, • Tenn., will
o'clock rioon on-Jani 3, 1944,-receive bids for the sale to it
of 1st mtge. 2%-3% bonds, dated Jan. 1, 1941', to an amount sufficient
to'exhaust the sum-of $3,942.98,-' Bonds,purchased may be delivered
to "the trustee not later than five days after acceotance of tenders.
Proposals may be made for sale of bonds with or without Interest.
until
«
:
Corp.—Tenders—
625 Skinker Boulevard
other
under
Houdry
business
The
U.S.
Colombian
•
its
funds.
general
company's
expenditures
of
and
1539.
South Memphis,
at* the*
Bend, W.s.—V.
tion
In
1.--,-
the
capital
V; The/National
•
West
;
i
1943
158, p.
of
out
The
Continental Illinois National Bank &
Co., trustee, .231 So. La: Salle -St.,. Chicago, 111., or at the Pfovi-,
Savings Bank- & Trust Co.,' Cincinnati, Ohio, or at the First
Trust
.,•/»'
,
i942_..-^-—
months
—V.
■
these bonds due Jan;. 1, 1947, 1948 and
redemption -, on the same date- at, 100Va
for
1940
$276,226
•1
:——L
months
...
■",/
wiir be'made
Payment
»
■
■*
-/'
•
*
9
of 1st &' ret mtge. collateral trust bonds, .series
1, 1949 have been called for redemption as of
$25,000
1944 at par and
$208,394
of
9
.
1 and July
due Jan.
A,
Jan.
:
'1942
,
$0.08
'
the nine months ended Sept. 30, 1943, the subsidiaries of
company produced 41,390 ounces of crude geld and 17,603 ounces of
crude platinum; both of these products require refining.
Estimated Colombian and United States income taxes were as fol¬
lows;
Sisters of Charity of
/
puring
i
.
Hospital and Seton High
Share...-.
per
capital stock (par $1).
Acquire
Corp.—To
Subs.)*—
1941
$515,549
accompanying
$0.12
$0.29
$0.16
•After depreciation, estimated depiction,"estimated United States and
Colombian Income taxes and minority interests.
fOn 1,760,000 shares
tEarns.
42.3% of Assets of
Petroleum Corp. of America—See latter company above.
—V. 158, p. 1772.:
:
/• V
* ....V
Oil
Sinclair
-L-
(&
Platinum Co.
&
1943
—J.—.''. $159,214
income
*Net
*
;
.
Gold
J
.
9MoS. End. Sept/30—'
'
out of sinking fund moneys.
Payment will
of J. P. Morgan & Co. Incorporated,, sinking
interest,
and
at
as
fund
sinking
2%%
20-year
...
American
South
<
Shell Union Oil Corp.—Debentures Called—
W. T. Holliday, President/ said in the letter to shareholders
the proxy statement.
"The company has been making
heavy capital expenditures for the last few years, largely for improve¬
ments in and additions to the company's refining facilities and for
the acquisition and development, of crude oil producing properties.
It is expected that continued expansion in production activities and
probable capital expend tures in the refining department, together
with other capital expenditures, are l.kely to be too great to be paid
pany."
per>satioi) funij, both the pension fynd apd the group insurance plan
are operated by Sonora at np cost to its employees.
■
.
'
*.
r
2367
CHRONICLE
THE* COMMERCIAL & FINANCIAL
'*
<
of the
new
Symingrton-Gould
Robert
E.
Frederickson,
effective Dec.
Corp.—Official
Vice-President
31, but will continue as
a
designs—
and Treasurer,
has
director.—V. 158,
p.
resigned,
2296,
2368
Monday, December 13, 1943
Stokely Bros.
&
Co.,
Inc.—Registers
Corp.
To
additional
connection
Debentures—
company has filed a registration statement with the Securities
Exchange Commission for $4,000,000 15-year 3 V2 % sinking fund
debentures, due Dec. 1, 1958.
*
Blyth & Co., Inc., and Reynolds & Co. are named principal under¬
writers, with others to be named by amendment.
Offering price to
Proceeds
will
shares of
will
all the company s 2 A jo
promissory notes in the principal amount of $2,000,000; 3% promissory
notes aggregating $800,000 and to provide additional working capital.
—V.
calculated
at
62,586
were practically as high
(Toronto "Globe and Mail.")
tons,
Thompson Products, Inc.
(Including
(&
Thompson
Products
9 Mos. End. Sept. 30—
Sales
yet
Net earnings of alf companies
Earnings per common share.,,
■"Net
earnings
of
all
stock.
mon
For
the
in
and
year,
$1.68
Note—Provision
nine
months
Inc.
and
craft
of
$5,617,592
and
deducting
taxes
post-war
estimated
to
to
the
of
reserve
stock
is
Central
Vermont
$3,000,000
Co.
entitled,
the
Corp.
is presently esti¬
provided by ear¬
be
amounts
statement addressed to
a
Hampshire
for
of
$110
in
cash
the
7%
of
the
Electric
Maine
prior lien
Public
to
thereafter
If -these
of
selling
Service
with
merging
transactions
stock
is
Co.
its
Co.
Holders
State
will
cash
New
in
each
the
the
unless
program
and
under
now
consideration
said
Twin
mont
State
Public
Service
Public
Service
Service
Corp.
Heretofore,
Co.
of
all
are
the
New
Hampshire
subsidiaries
SEC
of
Central
and
New
directed
has
N.
been
submitted
to
the
the
Union Bag
com¬
solidated
of
case
be
satisfied
amounts
change
in
cash .and
charged
were
made in
was
part by
to
the
reduction
a
for
reserves
net
profit
of
general
Union Pacific
contingencies, and no
year.—V. 158,
are
158,
Period End. Oct. 31—
The
SEC
has
granted
f.urther
a
extension
to
Feb.
1,
1944,
of
the
temporary exemption of the company from, the- provisions of the In¬
vestment Company Act of 1S40.
The temporary exemption was ex¬
tended pending decision by the Commission on the question whether
the
company's
—V.
157,
exemption
1767.
p
application
should
be
granted
Twin
State
Gas &
Electric
Net
Co.-—SEC
Approves Pro¬
and
to
permitting
the
are
Central
become
granting the application,
effective
in
part
with
Vermont
Public
Service
Co.
The
transactions
The
of
State
Gas
&
Electric
will
Co.
sell
to
proposed
Public
Hampshire and its electric business
debentures, and 20 shares of
in Maine,
of 3 %
Net
Corp., incidental current assets and certain
miscellaneous real estate.
Public Service Co. of
current
assets
other
New
parties less the amount of current liabilities assumed.
(2) A portion of the proceeds from the sale will be
State
Gas
5Vz%
mortgage bonds and
will
&
Electric
Co.-to
redeem
at
used to pay
Public- Service
Eugene E.
used
by
Twin
Vice
Co.
finance the
bonds and
financial
interest
(4)
the
of
rate
will
notes
of
Public
(a)
interest
(b)
10
the
in
Co.
1,000
shares
shares
of
offered
the
will
of
privately to
names
be
the
of
determined
limited
a
number
purchasers,, price
at
a
later
of
shares of
beneficial
stock
common
of
interest
Nepsco
of
500)
Falls
Finance
debentures of. Nepsco Appliance Finance
Corp.;
common
of
5%
stock
will
(6)
preferred
held
are
be
to
latter's
with
of
Nepsco
Services,
cancelled
Central
Central
The
stock
of
The
Twin
by New England Public
common
and
New
Vermont
stock
out
Vermont
Twin
authorized
Inc.,
and
(e)
12,151,200
12,087,207
49,172,340
1,139,056
11,790,366
State
common
Public
Gas
stock
&
to
its
Service
total
Service
Electric
500,000
Gas
&
Electric
Co.
Service Co.
England
Public
of
State
Public
Corp.
(par value $1,552,Service Co. will sur¬
49,950
shares
of
heating
shares.
Central
Vermont
Public
connection therewith Central Vermont Public Service
Corp. will acquire
Vermont
and
New
York
properties of The Twin State Gas &
Co. and the holders of the
outstanding 24,500 shares of 7%
prior lien preferred stock of The Twin State Gas & Electric Co.
will
receive in cash $110 per share
plus accrued dividends to the effective
date of the merger.
New England Public Service Co., which presently
.The
due 1973
issue
at
mortgage 3Ms%
series
C
bonds,
price to it of not less than 105 and accrued interest and
a
and
sell
to
underwriters
195,000 shares
of
common
stock
at
price to it of not less than $15.25 per share to provide funds for the
payment to the Twin State prior lien preferred stockholders, the
payment of its presently outstanding bank Joans of $150,000 and for
promotions
Nov.
on
Mansfield
Manager
29
37,381,974
of
by
Horner,
of the
department
three
of
Federick
previously
division,
same
officers
will
also
and
the
approved
to
of
Clarence
the
Estate
42,372,329
sideration
erties
then
is
its
be
Vice
President
has* been
tend
by LaPorte
of
all
,
to
strengthen
Mr.
record
Charles
J.
by
the
..
Indiana
Southerland
and
Utilities
$2,726,700,
Vermont
for
of
which
the
heat
have
declared
in
and
Co,
Service
Samuel
Hard
.
Co.,
$2,378,000
properties.
1578.
p.
is
Net
for
trustees
its
heat
The
the
LaPorte
electric
Gas
&
Earnings
(10)
at the
After the merger New England
same
common
Public Service Co. will
carry
its
stock of Central Vermont
gross amount
as
Public Service Corp.
it is presently carrying its investments in
"The Twin State Gas & Electric Co. and Central Vermont Public Service
records
been
Electrolytic
' 6,262,010
1,213,575
1,153,900
$1,137,989
tin
14,371
.
taxes
.
$1,152,360
1,045,179
882,700
100,000
70,000
$403,487
$339,660
28,987
15,170
$374,500
274,932
249,892
$1.36
$1.30
profit for the current year, the comoany states, is
"subject
adjustments and to renegotiation by the Price
Adjust¬
Board -of the
War Department."
________
_____
net
audit year-end
ment
The
has
corporation
reached
a
further
tentative
states:
agreement
"The
with
management
of
representatives
Adjustment Board of the War Department
In
of
plating lines, plus facilities for
for containers, have made possible
Olds
disclosed
that
ship¬
October delivered
to
the
than
any other inland
meet war-time
to
Navy more LST's
yard.
increase
expansion,
to
capacity
armor
plate
output six-fold.
bombs,
shells, shell casings, steel landing mats,
tanks, and special helmet steel are among
.
United States Steel
.
addition, many of the corporation's tubular and wire
products
used extensively in .manufacture of
aircraft, ships and mechanical
Tubular, products and pipe also are vital to both the
pro¬
transportation of petroleum products.
The 24-inch pipe
Inch" pipeline was produced by U., S. Steel in
the only
mill in the United
States capable of making pipe,of this diameter in
the large quantities needed.
Mr.
steels."
Olds
disclosed
services and
U.
S.
158,
Steel
2089.
p.
that
that
has
nearly
100,000 employees have entered the
replace these workers and man new facili¬
to
trained
approximately
200,000
employees,
new
'
United States Time Corp.,
Waterbury,
Name—See Waterbury Clock Co. below.
Conn.^-New
'Universal Oil Products Co.-$18,500,000 Sought for Old
An Associated
press dispatch from Chicago Dec. 7 had the
following:
Suit for $18,500,000
damages charging a conspiracy to defraud stock¬
a .defunct
oil/company was filed Dec. 7. in Federal Court
in behalf of Dean Cauffield
holders of,
'
of
the
on
the
Estate
of
toe
Angeles Herald.
Defendants named
Carbon
of
the-
Petroleum
Daily of Los Angeles, nephew and executor
L
Hardison, publisher of The Los
'
';
*
in toe*suit are the Universal. Oil Products
Co.;
late
Wallace
"
,
t
Dubbs,
oil-cracking
a
son
of
the
late,Jesse
A.
Dubbs,
inventor
his name; Robert J. Dunham, a
Products; Hiram J. Halle, President*,
of the concern; Lolita Sheldon
Armour, widow of J. Ogden Armour of
the
meatpacking family; John G. Mitchell, her son-in-law, and several
former
official, of
bearing
• process
Universal
Oil
business .associates of Armour,
tThe bill of complaint says'that in 1900 Hardison
A.
Dubbs
organized
suit
the
and
the
late
Jesse
Sunset
Oil Refining
Co., which later was
acting as liquidating trustee. Later, the
charged, the younger Dubbs entered into an agreement with
agents
Armour
whereby the Dubbs patents were turned over to the
liquidated,
with C.
*
P.
Stubbs
National-Hydrocarbon Corp., which, the bill said,
by_ Armour.
The
The
s.ujt
Products
seeks
on
bill
were
alleged that
turned
over
toe
patents and
to Universal
recovery of 300 .shares.of
of stockholders of
was
being
stock
in
organized
Sunset Oil
Oil Products.
the
stock
of
Universal Oil
behalf
the Sunset Oil
Refining, includ¬
ing the Hardison-estate, and $11,000,000 in dividends.
The suit charged that Jennie C.
Dubbs, widow of the inventor; the
Universal company, Armour, Halle, Dunham
and the younger Dubbs
"entered
their
shares
share
per
all
conservation
$324,490
,
The
for
ore
said.
months."
comparable
moves
of
Olds
shattered
shipbuilding accomplishments, Mr. Olds pointed
corporation's shipyard at Kearny, N. J., Holds all world's
for building destroyers and that its new
Port Newark,
the Ohio River in
on
Refining later
$1,348,666
(Cr)
'
of common
in
tons
Mr.
and
for
41,511
_
>
dividends
number
for
active
82,000,000
1941,"
shipments
"Big
Electric
1942
*
common
these
prop¬
7,152,126
r
1943
plate for ships and
important military products manufactured
by
*—V.
of
$8,553,900
____
Aver,
to
158,
outstanding
yard,
armed
con¬
Subs.)—Earnings—-
profit
to
holdings of the
in
shipping
ore
the corporation has
the
stainless
prop¬
total
$1,307,155
<_
for
maturity.—V.
Oil Deals—
profit
Earnings
and
The
time
subsidiary
a
1943
and excess profits
taxes-!,
post-war refund of excess profits tax
Services, Inc., and $2.50 in cash.
•
monthly
months
to
-
than
,
Income
Corp. will issue to New England
Public Service Co. 2,954 shares of common stock in
exchange for New
England Public Service Co.'s holdings of $40,000 of 3% debentures of
Nepsco Appliance Finance Corp., $8,000 of 5% debentures of
Nepsco
,
(a
facilitate
more
Hartt,
the sale.of,all
and
_
Preferred
amount
amount.
sufficient
Demand for high quality steels for mechanized.warfare
has increased
importance of electric furnaces.
Mr. Olds pointed out "that U. S.
in addition'.'to greatly increasing their own electric
have designed and built Heroult electric furnaces
accounting for 75% of the nation's/increased capacity for
alloy and
two
>
Est.
face
face
Steel, subsidiaries,
furnace capacity,
and
gas
to
$9,672,856
before
their
their
the
these
the
Electric
order
Commission
soldj.
Expenses
Profit
of
of
that
of the board of directors, said
included high marks in production of raw
pig iron, steel ingots and finished products,
accomplishments in the construction of Naval craft.
consecutive
for ,the
Prop¬
Jan.
income
75%
66%
wrote
of
upon an $811,000,000
this
program
amounted
ties
sales
Gross
to
committee
constructed in record-breaking time since
Pearl Harbor,
delivering a destroyer escort every fivp days.
Among the types
being built for the Navy are destroyers, giant
troop transports, cruisers, destroyer escorts,
cargo ships, infantry and tank land¬
ing craft, tankers, and .cargo combat ships, U. S. Steel's
inland
are
..
subsidiary of Northern.
United States Plywood Corp. (&
Other
the
that
$1,943,500
holders
equipment.,
•
electric
6 Months Ended Oct. 31—
Public Service
,
J.,
.
Public
Jay
Co.,
a
liquidated.—V. 158,
goods
claimed
of
In
Mc¬
.
of
23
total
debenture
ships
the
•
,5. The company on Aug. 15, last paid a dividend of
per share on the preferred stock, which cleared
up4all arrear¬
ages on that issue. On July 6, last, a payment of
$3.50 was paid, and
on
Jan. 4, 1943 one of $7 per
share, also on the preferred stock.—
V. 158, p. 495.
Cost
120
records
new
Block-buster .aerial
and
$22.75
Net
the
its
further, has had
pay full amount at
and
and
the
dividends of $1.75 per share each
on
the outstanding preferred
stock, par $100, one payable Dec. 10 to
holders of record Dec. 8, and the other
payable Jan. 10 to holders
of
of
now
in
Rentschler
Chairman
as
Gas:&
its
interests
directed
as
Northern
Midland
directors
the
demands, U, S, Steel em¬
program..
Corporation funds
$330,000,000, with the Government
financing the remainder. The new facilities, plus conversion of
peace¬
time equipment to war
production, enabled the corporation, among
other accomplishments, to more than
double its plate-making
promoted to
working capital purposes.
Central
up
about
for
United States Foil Co.—Two Preferred Dividends—
The
Sheridan
Nov.
on
refunding
offered
barked
principal
Rentschler,
a
(9)
The
records
Mr.
provides for the sale by LaPorte of,all its "electric and
to
and. $348,700
will
B.
states
(Landing Ships for Tanks)
B.
operations,
.
A.
of
sale
non-affiliated
ago.
program
committee,
and
sold
for
debentures
duction
United)
erties to LaPorte Heat Corp.,
Corp. will
privately $500,000 first
the
permit
proposal,
recently
selling
resources.
that
is
relinquishing the office of ^President to devote
duties as Vice Chairman of the-corporation,
Senior Vice. President, has been made a
subsidiary
properties
of
the
and* sell
years
gas
Electric
owns all of the common
stock of Twin State Gas & Electric
Co., wiil
receive in exchange for this investment
141,996 shares of the common
stock of Central Vermont Public Service
Corp.
(8) Following the merger, Central Vermont Public Service
H.
properties
the
Corp. will also amend its articles of association to give further
rights -to its preferred stock, including the right to elect a
majority of the board of directors in the event of dividend defaults
in excess of one
year's requirements, and additional voting rights in
mergers and consolidations, and with respect to issuance of
floating
debt or additional preferred stock of eaual or
prior rank.
(7) The merger of the two companies will then take
place and in
his
()the liquidation of United
two
of
treatment of black plate
saving of more than 4,000,000 pounds of the nation's vital tin
supply. U. S. Steel's research metallurgists also
played an important
pairt in developing National
Emergency steels, designed to produce
high quality results but using much less of such
alloys as nickel and
of
-
10,948,151
...
holdings of 50,000 shares.
Corp. will, prior to the merger
Co., take steps to increase. it§
this
the
five
N.
11,824,952.
formerly.
has
authority
ngotiations
care
(Chairman), Stanley
Cornelius
1,
chemical
out
-
SEC
in
take
chromium.
54,197,281
1,123,158
^Rentschler and Joseph F. McCarthy continue
The
with
7,
"For
Among
authorized
is
to
executive
wholly-onwned
•
to
armor
$6,000
voting
will
13,707,313
United Light & Power Co.—Sale of La Porte Gas
erties Approved—
,
Co.;
Corp.;
(d) 200
Service
issue
1,574,534
Controller, respectively, and Sidney A. Stewart and
Carthy as Vice Presidents.—V. 158, pp. 2296, 1479.
date.
Swans
Appliance
Wilson
General
to
Shelby Carter
Smith
subsidiaries.
Mr.
and
obligations to New England
Public Service Co. in the
principal amount of $250,000, together with
accrued interest ($76,602 as at
July 31, 1943), and all of the 15,525
render
*42,046,081
•>
New
debentures of Nepsco Services, Inc.
The Twin State Gas & Electric Co.'s
which
35,465,027
declared.
of
(5)
shares
10,512,673
1,595,507
announced
Walsh,
general
New
be
and
notes
Service
$20,000 3%
5%
8,850,625
Acting General Manager.
This realignment of principal
balance,
proposed
institutions
have
Chairman.
,
seeking
them
plan
N.
committee
charge of manufacturing and General Manager of the Pratt &
Whitney
aircraft division, has been elected President. William
P. Gwinn, As-
Hampshire will issue 3,180 shares of
common stock and will
pay $20 in cash to New England Public Service
Co. in exchange for New
England Public Service Co.'s holdings of:
(c)
>
10,961,760
4,673,969
time
to
have
sistant
-
Hampshire will raise the necessary
purchase by selling $900,000 first mort¬
gage
314 % series A bonds due 1973, and $2,500,000. of unsecured
10-year notes maturing serially in amounts of $125,000
semi-annually.,
to
The
■
.
1,390,735
5,797.127
was
his. entire
its
101
it
C.
the
4,201,620
-
charges
directors
Raycroft
j
outstanding $2,435,000
together with treasury funds,
outstanding $2,055,250 bank loans.
be
(3)
cash
*5,734,815tl04,280,043 149,268,985
Chairman.
securities
Hampshire
$3,946,362 subject to subsequent adjustments, for
and securities, other than current assets.
The
be acquired at fair value as determined
by the
will
The
officers,
currently
represent
*
of
W.
according
outstanding
yard
Nepsco Appliance
pay the sum of
above properties
the
100,165,691
United Aircraft Corp.—Officials Promoted—
.
1,
31,
York,
City,
York,
the
7.
natural
1384.
p.
New
.
previous
&
income
—V. 158,
:
Service
$10,000 principal amount
stock of
common
Finance
and
•
trans¬
-
other
is
to
company's
"United States Steel alone
shipped more than
the Lake Superior district since Dec.
.
New
Hampshire and Public Service Co. of New Hampshire Will
acquire from The Twin State Gas & Electric Co. all the latter's rights
and properties
pertaining to its electric and gas businesses in New
will
150,706,830
.•
- -
income
&
the
from
$
1,316,686
invest.
sources
Total
Fixed
v
Twin
Dec.
speed
respect
follows;
as
(1.)
Co.
to
rents,
operations-
from
other
sale of certain of its Maine and New
Hampshire properties to
Sevvlcq Co. of New Hampshire and the merging of Twin State
Public
with
declarations
interim order
an
$
17,638,223
*7,829,881
__
income from
Income
Nov, 25 issued
on
1943—10 Mos.—1942
21,197,631 241,295,190 176,269,033
13,348,187
oper.
fac.
I—,.—
portation
gram—
The SEC
jt.
Jan.
Dec.
Pearl Harbor, Irving S. Olds, Chairman
and
38,835,854 392,002,020 276,434,724
30,289,294
:
net
'
(
ry.
Taxes
&
$650
or
on
to
have been broken by the sub¬
producing 60,000,000 tons of steel since
-
Eqtiip.
New
materials, manufacture
$
43,637,481
expenses
fr.
York
due
open
20 Exchange Place,
holders
securities
2198.
on
1943—Month—1942
revenues
oper.
rev.
Edward
New
currently
addition,
Net
denied.
or
oper.
these
1950,
1,
coupons
remain
in
.
.
debenture
of
Jan.
on
all
will
$300
More than 2,000 production
records
sidiaries of this corporation in
2197.
p.
$
Railway
Railway
offer
for
United States Steel Corp.—Produces 60
Million Tons
of Steel Since Pearl Harbor—More
Than 2,000 New Rec¬
ords Set-
(Including Leased Lines)'
Tonopah Mining Co. of Nevada—Granted Extension—
and
debentures
RR.—Earnings—
2197.
p.
due
effective,
The
agent.
of
objecting
company,
refinance
,
j
for the
reported
as
to
& Paper Corp.—Dividend of 50 Cents—
.11,.,15 cents each,—V.
post-war credits. The,
debentures
full.
amount
plan.
In
directors on Dec. 7 declared a dividend of 15 cents per share
the capital stock, no par
value, payable Dec. 27 to holders of record
Dec. 17.
A similar distribution was made on Nov.
15, last, the only
other payment made this year.
Disbursements during 1942 were as
follows; March 20 and July 10, 25 cents
each; and Oct. 16 and Dec.
in the case of Thompson Products, Inc. and its con¬
subsidiary, Toledo Steel Products Co., and $380,867 in the
Thompson Aircraft Products Co.
Of these amounts part will
principal
City Bank of New York,
company,
above
on
$639,526
are
$1,000
become
in
exchange
Street,
The
The
by which refunds are to be made to the Governmnt
with respect to business for the year 1942.
The net refunds to be made
(after adjustment on account of taxes) as a result of this agreement
4%
new
plans
holders
Isaacs
p.
Government
exchange
its. cash position did not
debentures maturing Jan.
tax refunds.
the
Co.-—Offer
as Secretary,
and Scribner & Miller, 40
Y., as Counsel, has written to holders of
the 6% sinking fund
debentures of this company and the 6%
15-year
debentures of'the G. A. F.
Realty Corp. (guaranteed by U. S.
Realty
and exchangeable with its
6% debentures), in opposition to the com¬
pany plan.
and has
found the transactions involved, including specifically the treatment
to be accorded holders of the
7% prior lien stock, to be fair and
equitable.—V. 158, p. 2296.
Following negotiations with the Army Air Forces Price Adjustment
Section, the company on Nov. 6, 1943 entered into an agreement with,
the
Broadway*
panies for the purpose of effecting such compliance in part,
The Commission has carefully considered the
propositions
first
is
in
paid
committee
Wall
Public
by
Improvement
1.
may
the
be
National
Y.,
M.
Public
Commission
&
the
of
amount
company
the
into
own
a
conspiracy" to convert
154, p. 1385.
the
300
shares
of
stock
to
uses—V.
.Utah Power & Light
Public
offering
by
a
cate of 38 investment
Co.—$42,000,000 Bonds Offered—
underwriting syndi¬
houses, headed by The First Boston
nation-wide
Corp., of $42,000,000 of first mortgage,3%% bonds
was
Price
payable to
.
sinking fund debentures of this company and
sinking fund gold debentures of the G. A. F.
procedings arising from
Jan. 1, 1944,
maturity.
The committee,
composed
take steps to comply with the
provisions of the Public
Utility Holding Company Act of 1935 relating to equitable distribution
voting power and corporate simplification.
The proposals now under
have
6%
or
of
consideration
Realty
Jan.
$800
If
will
A
to
Co.
and
from
Ver¬
England
England
New
due
cash.
The
sum
until
Service
Co.
the
holders
1944,
cannot, be
sum
of
are
The
Vermont
receive
States
the 6%
15-year
Realty Corp., guaranteed by United States
Realty & Improvement Co.
on
Nov. 30 were offered two
plans for payment' of the securities.
•
Twin
,
of
7%
of
Central
the
Debentureholders—Committee Opposes Plan—
prop¬
consummated
are
have
United
the
on
share,
per
year
Both
Gas' &
and
is
and
Corp.
the holders
Federal
Public
presently
"Reserve Created in
of which have not
sum
profits,
excess
such
them.
were
the
for
the
Vermont Public Service
of
reserve
i
effect of reducing the consolidated net
profit,
income
and
excess
profits taxes, by $57,000 for the
ended April 30, 1943, or from $814,407 to
$757,407.
Sub¬
ject to approval by the Secretary of War, no
payment will be necessary for the fiscal year ended April 30, 1942,"—V.
158, p. 1864.
both^the sale of the company's properties in
Hampshire and Maine to Public Service Co. of New Hampshire
the merger with Central Vermont Public Service Corp. have been
accomplished.
These
two steps cannot
be accomplished
unless the
holder of the 7 % prior lien stock of Twin State will receive the
Thompson Products,
for Thompson Air-*
for
$2,104,500
price
will
after
fiscal
and
$6.29
profits
excess
to
subsidiaries
after
Co.,
and
amounted
Central
The
ment
.
New
1942
and consolidated subsidiaries
of reserve provided in pre¬
Aircraft Products Co.
Thompson
income
1943
consolidated
Products
for
for
Government as a result of renegotiation of war
contracts compie ted during the years ended April 30, 1942 and
April 30, 1943.
"Subject to approval by the Secretary of War, this tentative
agree¬
together with accrued dividends (including arrears
heretofore accumulated) to the date of the
merger, which it is antici¬
pated will take place on or before Jan. 1, 1944.
divided $4.61 for Thompson Products, Inc.
after credit of $345,802 for cancellation
ceding
New
holder
paid
earnings
of
applicable
investment
Service
of
1,959,805
combined
1942
the
New
The
share.
specifically
Public
after
period
same
in
Hampshire
provision for estimated taxes
on
income and reserves for contingencies and renegotiation.
tOf this
amount, Thompson Products, Inc, and consolidated subsidiaries re¬
ported $1,516,532 and Thompson Aircraft Products Co. $502,380—or
$4.75 and $1.68 per share respectively on the 298,419 shares of com¬
companies
public.-
per
stock, states:
stated, Twin State
Briefly
Under
$6.43
—
the
Corp.
prior lien
as
t2,018,S12
:
stock
common
to
Commission
erties
Co.)
1943
of,- the
been determined," and by transferring the necessary balance from
The
$97,338,108 $59,034,155
_
amount
capital surplus.
Subs.)—Earnings—
Aircraft
by
added .the
transactions.
Losses,
This will still leave the company with $90,000 on .hand plus,
supplies at the property worth $207,355, as of Sept 30.
This will be
sufficient to look after the cost of shutdown and provide funds for
the resumption of milling following the war.
time in the property's history,
these
$16.25
as
Service
meeting.
reserves,
made
be
will
books of New England Public Service
1933
and 1934 for Capital
Thompson-Lundmark Gold Mines, Ltd.—Pays Loans—
any
new
sold
at
marking
158, p. 1540.
Ore
be
mated
Final payments of $281,899 is being made by this company on the
$804,000 originally advanced by Consolidated Mining & Smelting Co.,
Ltd., and Ventures, Ltd., shareholders were informed at the annual
at
investment
amount
it
supplied by amendment.
used to retire, at 100'/a %
be
with
book
gross
England Public Service Co. in
Against this gross book amount
prqposes to set up a reserve estimated at $4,351,580 so that the net
amount per share on the books of New
England Public Service Co. of
the new stock will be
equal to the price -per share at which the 195,000
The
and
the public will be
this
(Continued
on
page 2397)
1
*
Volume
Number 4237
158
THE COMMERCIAL & FINANCIAL CHRONICLE
Stock and Bond Sales
DAILY
New York Stock
«»
WEEKLY
-
2369
Exchange
YEARLY
-
NOTICE—Cash anfl deferred delivery tales are disregarded In the day's range, unless they are the only transactions of
the day. No account la taken of such
i
sales in computing
'
the
for the year.
range
I
United States Government Securities
r Below
furnish
on
the New York Stock
Exchange
daily record of the transactions in Treasury, Home Owners' Loan and Federal Farm
Mortgage Corporation coupon
Stock Exchange during the current week.
Figures alter decimal point represent one or more 32d of a point. (See note
below).
we
a
Dally Record of U. S. Bond Prices
Treasury
4%s, 1947-52
Dec. 4
Dec. G
Dec. 7
Dec. 8
Dec. 9
DeC.
»'
10.
.Daily Record of U. 8. Bond Prices
(High
\ Low
(Close
,
Total sales In $1,000 units
Treasury
2 Mas, June, 1964-1969-
Dec. 7
Dec. 8
100.3
100.2
100.1
100.3
100
100.2
100.1
100.3
100.3
100.3
100.2
100.1
100.3
'» 100.3
1
100.1
100.1
100.1
2'/2S, Dec., 1964-1969
Low
Close
Total sales in $1,000 units—.
[High
| Low
••
k
8
-
1
1-T
—
—
„
-
*.
100.3
*18
10
100.12
~
100.12
4»
'
Close
100.12
...
Total sales In $1,000 units—
(High,
3Y<s, 1944-46-
2y4s, 1951-53-
Low
[close
units
'<
(High
3 y»8, 1946-49
|
Low
L
Close
;
Total sales In $1,000 units
2Mas, 1954-56
High
—
Total sales in $1,000 units
2s,
•
Low
(High
2s, March 1948-50
High
Low
111.6
-{ Low
,
111.6
[Close
3s, 1951-55—
111.6
Total sales in $1,000 units
I
(High
/
(High
j Low
[Close
2s, Dec. 1948-50—,
111.21
111.21
(Close
$1,000 units
Low
103.20
Close
[Close
103.20
103.20
Total sales in $1,000 units
[High
-j Low
2s, June,, 1949-51
G
High
2%s, 1945-47
Total sales In $1,000 units
111.21
—
Total sales in $1,000
2s,
Sept.,
1
—
units
1949-1951.
■{
(High
Total sales in $1,000 units.
j Low
[Close
.
[High
2s, Dec.,
1949-1951
\
Total sales in $1,000 units
2%s, 1951-54
Low
(Close
[High
2s, March,
1950-1952
(Close
Total sales in $1,00G units—
(Hign
—\ Low
111.9
[Close
111.9
I High
111.9
—
2s,
Sept.,
Total sales in
2
100.3
100.3
100.3
[Close
100.3
'
100.5
Low
100.5
$1,000 units
1
14
High
Low
2s,
1951-55—
Low
—•
Close
Total sales In $1,000 units—
Total sales in $1,000 units
High
(High
—{ Low
Low
1945
2s
Close
1953-55
[Close
UU1VO.
—
~\
Low
1948
Total sales in $1,000 units
r—
III
High
,
13/4S
Close
——
„r»Tm
1948-
\
[Close
.
Total sales in $1,000 units
(High
1949-53
[High
Low
*
Total sales In $1,000 units
2 Mas,
♦1
—
f High
^
"
-
Close
2 Mas,
100.15
100.15
sales In $1,000 units—J
,,
[High
100.15
100.15
100.15
*
2s, 1951-1953—:
Total sales in $1,000 units
100.15
Low
(Close
Total
Low
[Close
2%S, 1960-65
1950-1952-
1
f Hign
2%s, 1958-63-
Low
<
Total sales in $1,000 units—
Total sales in $1,000 units
Low
[Close
Total sales In $1,000 units
(High
(High
Low
[Close
"
2%s, 1948-51
Close
Total sales In $1,000 units—
5
—j Low
Total sales in $1
—
j
Total sales In $1,000 units
(Close
Total sales in $1,000 units
2 Ma 8,
,
(High
Low
[Close
1947
(High
.
3s, 1946-48
2%s, 1956-59
—
[Close
Low
Total sales In $1,000 units—
'•
Low
Close
(High
\ Low
-
Close
Total sales in
—
HI"
•
3yas, 1949-52—
2%S, 1955-60
—
"High
'
'
1
I—
Close
'
.
III
~High
Low
Total sales in $1,000
10
100.1
Low
(Close
Dec.
Low
[Close
G
-{
(High
-
Dec. 9
York
High
Total sales In $1,000 units—
.
New
100.1
(Close
3%S, 1946-56
the
100.1
1
4s, 1944-54
.
Dec. 6
on
(High
—-
(High
\ Low
<
Dec. 4
bonds
Low
Close
Federal Farm Mortgage
Total sales In $1,000 units
[High
2Mas, 1950-52
[High
3M4S, 1944-1964
Low
—J
—
Low
[Close
[Close
Total sales in
Total sales In $1,000 units
$1,000 units
High
[High
2Mas, 1952-54
3s, 1944-1949
Low
Low
Close
Close
Total sales in $1,000 units
Total sales In $1,000 units
.—
[High
2Mas, 1956-58
j Low
Home
[Close
Owners
Loan
Total sales in $1,000 units
(High
3s, series A,
THigh
2 Mas, 1962-67
•{
Total sales in $1,000
High
1%S, 1945-1947
(High
Total safes in $1,000
Monday
Saturday
Dec. 4
Tuesday
Dec. 6
59/
59
59
109
*46
4
46
48
*
49 %
50%
109
48
50%
50%
10
9%
10%
*29
29%
29%
29%
*19
19 y4
19%
19%
40%
40 y2
40% '
40
70
*66
5%
*66
5%
115
115
2%
2%
70
119
■
119
2%
59%
*108%
*46
50%
10%
*29
19%
40%
*66*
5%
5%
Wednesday
Dec. 7
5%
*117
2%
Dec. 8
I per share
,
109
59%
S per share
*59%
*108%
109
59 Ms
109
59%
5S%
59%
600
108%
108%
*107%
108%
40
*46
48
*47
48
50%
*50
51
10%
10%
io y2
29%
29%
19%
29 ya
19%
19%
40%
41
40
40%
*66V2
70
*69
40%
5%
5%
121
2%
121
2%
5%
121
10%
X29
5%
120
10%
29
72
5%/120
*47
48
50%
101%
50%
300
10%
4,200
"
*29
29%
400
Air
120
120
26,400
110
2%
2%
27%
2%
27 Ya
277%
2%
21/4
27
5,800
27%
27%
26%
27%
26 7%
28%
26%
14,900
26%
40
40
26%
28
40
25
40%
25 %
25
25%
9%
144
145
*13%
33%
For
14 Ya
34
footnotes
24%
*70
25
24%
73
*70
25%
73
*9
9%
9%
9%
146
146%
146%
147%
*13%
34%
see
14%
14
14
34%
34
35
page
2379.
<-
*70
9
1471%
*14
34%
73
*70
73
40%
25
41
25%
*70
5,700
700
6,100
73
9M4
*9%
9%
9%
148%
xl46%
147%
145%
14%
14
14
.13 7
36 y4
33%
34%
33%
8
9%
146
Reduction
Alabama
26%
73
_25
Address-Mutigr
6%
400
2,500
13 7%
400
34%
53,100
No par
Acme Steel Co
2,900
5%
No par
100
.
Adams Express
Adams-Millis Corp—
8,000
72
26%
24V2
Range Since January 1
Lowest
Highest
preferred
19%
40
*9
4%
40%
27
2%
Abbott Laboratories
19%
38%
40
Range for Previous
STOCK
Par
40i%
*66%
26%
24%
registered bond.
EXCHANGE
Abraham & Straus
38%
27%
NEW YORK
Shares
59%
*49%
70
$ per share
40%
*70
of
RECORD
the Week
26
26%
transaction
t per share
'
48
19 y2
Sales for
Dec. 10
$ per share
50%
19%
Friday
Dec. 9
*25%.
26 3'8
sales,
STOCKS
Thursday
*39
26
lot
LOW AND HIGH SALE
PRICES
$ per share
per share
9%
units.
sales In $1,000 units
NEW YORK STOCK
*108
Low
—
Close
♦Odd
*58
—
Low
Close
Total
units
-
1963-1968
MaS,
Low
-j
[Close
[Close
Total sales in $1,000 units.
2
1944-1952—
Low
Alaska
&
No par
—No
Corp
Min
pf A without
$2.50 prior conv
&
Allied Kid Co
Allied Mills Co Inc
14% Jan
67
4
63MiMarl2
9
115% Sep 29
52
July
3
57Ya Sep 18
5
6'
13
2
32V2Julyl3
Apr
,7
8
21% Mar 30/
8
487% Jun
1
28
76 y2 Sep
3
7yaApr
3% Jan
7
Jan
25
85
Year 1942
share
121
Dec
I per share
'
37
May
Mar
May
Sep
Apr
Jun
10
Mar
29Mi Apr
^
104
31
39
5%
18%
3V4 July 14
3% Apr
31% Sep 25
3% Apr
8% Jun
16
May
57% Nov
1
No
par
5
-.No par
11
15
7
Jan
19
140V2 Jan
9
10% Jan
16% Jan
8
4
45%
3iy2
75
11 Mi
Sep 25
July 2
May 26
Jun
16%
Dec
41%
Deo
Oct
32% Sep 25
11
Dec
Nov
2
Jan
Nov
4
2
Jan
Jan
8ya
94%
11
64
48%
26%
69 % July
Jan
13
Jan
8
5% Jan
18Va Jan
Dec
Dec
43
6
5Ma Jan
100
51%
113
69
1
No par
Highest
$ per share
61
Jan
1 % Miar
100
preferred-No par
Dye
Jan
per
100
Allen Industries Inc
Chemical
7% Jan
25% Feb
38% Jan
—100
war
Alghny Lud Stl Corp_
Alleg & West Ry 6% gtd
Allied
4iy4 Jan
par
—10
Albany & Susquehanna RR
Allegheny Corp
5%% pf A with $30 war5%%
Nov
35%Jan-23
100
No
Gold
51 Mi Jan
108
10
Inc
Vicksburg Ry_:
Juneau
Par
'
t
Lowest
.
4
165
July 15
14% May 22
37% Nov 17
*•
3%
%
Oct
6%
Nov
Jan
Apr
Apr
10
May
11% Apr
Feb
6% Nov
17
Jan
22%
Jan
73%
Feb
•77/a
Dec
149
Jan
12 ya
Jan
16%
Nov
/
Saturday
Dec. (»
Dec. 4
$
$ per share
share
per
14%'
14%
96
35
35%
34%
35%
18
18
18
2
2
14%
15%
95
95
95
36%
36%
36%
37 Va
18%
18%
18%
18%
18%
18%
2,600
2Va
200
*27
27%
*27
61
62%
Xl6
16 Va
15%
15%
15%
16%
60
60
60%
59%
59 Va
410
28%
60
60%
60
60%.
16 %
16%
16%
60%
60
60
*
7
300
39%
39%
2,300
129
129
130 Vi
130%
180
8 Va
18,500
131
172%
172
172%
34%
33 Va
33
33%
68%
23%
30
63%
67
66
67
65
22%
22%
22 %
22%
22%
22%
109%
109%
111%
*109 Va
■102% 103
*102% ,103
103
24
24
10
14%
14%
103%
108%
2%
.
*
109%
107
104%
2%
109
23%
23%
23%
4%
4%
4%
4%
75%
76%
76
76%.
17%
16%
17%
17
4%
4%
.
'
17%
18%
17%.
17%'
17%..
17%
65%
67
67
66
66
35
34 Va
35%
35
35%
*34
3%
3%
3%
3
40%
39
3 Va
3%
40%
8
8
45
46
12%
12%
75%
13%
13%
14%
14%
15
75%
76 %
76
77
77%
78%
.;
13%
14
...
*13 V4
13%
13%
8%
8%
8%
2%
2%
42%
38%
,
43
38
2%
39
8%
8%.
166
*164
12
12
12
59%
59%
59%
60%
59%
13%
13%
*13%
14%:
*13%
14%
26%:
26
37%
37%'
145%
22%
*14Va
*16%
25%
13%
13%
13%
13%
25%
25%
25%
26 Va
37%
37%
37%
37%
38
37
147%
*40%
41
41
*147%
Va
25
14%
14%
14%
16%
17
17
17
17
"
27
27%
*107%
110 Va
26%
26%
108%
*108
155 %
156%
156%
55
54 %
56%
57
157
56 %
•
6%
6%
*84%
5%
:
.
/'
3%
3%
46
6%
28
27%
**107;
20
)
1,100
156%
156%
157%
54%
55%
57
57%
138%
45%
117%
45 Va
5,900
45%
117%
*117%
(7,300
V. 300
117%
4
...
/
V.
4
4
2,200
3,000
4,500
■
:
■
100
46;
*45 %
46%
*45%
46 Va
25%
x24%
25
24%
24 Va
24%
25%
24%
25 Va
25'%
25 Va
26
26
261 s
26%
X26%
26 Va
*26
26 Va
*19%
20 vi
20
20
*19%
20 Vt
*114
116
x25Va
25%
25
*19%
20%
20
9%
*9 Va
9%
*9%
9%
2 Va
2%
2%
*2
*42%
43%
*2%
43"
2%
43%
*42%
43%
4%
4%
4%
4%
70
*70
73
*72%
73
71V2
71 Va
*72%
37
■/
37 5
37
*9%
10%
9%
8%
*8%
8%
*102
.
10 Va
*9%
10
8%
*8%
9
86
52%
52 %
53
54
52%
82
82
81%
82
82%
82%
25%
25%
26
27
27
27%
27 Vi
59
59
59
25%
25%
251/a
*57
59
25%
108%
55%
53%
55%
83
26 Va
261/2
25%
27
28%
*58
25%
■?.
*57
107%
107%
107%
11%
11%
11%
4,400
54
53%
53%
900
56
56%
56
56 Vi
2,040
*115
118 Va
*115
118%
107%
107%
107%
107%
10%
10%
10%
10%
10%
11
11
11%
54
53 Va
53 %
53%
53%
*53
54
*53
56%
55
*113
13
13
>
*13.
6%
6%
68%
*66
6%
*66
56
55%
55
119
*115
14
*13
14
7
6Va
.
.
67
67
56
115
119
*13%
7
6%
68
67
56 Va
115
14
7%
11%
*53
'
*13%
14
*13%
.7%
67 Vi
7%
7
69%
220
7%.
4,300
5Va
9
8%
Jun
173
2
2
69% July 24
8
4
32% Mar 23
47% Apr
1
161
Aug 18
17
1
May
35% May
29
3
Apr
45
24
Apr
136%
29% May 29
Jun
16%
15% Oct 25
9%
17% July 15
7%
9
115
Jun
Jan
Jan
15
2
Jun
33
14
Feb
132% May
151% Aug 31
2
Jan
6%
May
18
Apr
4% Mar
15% Apr
6
5
Dec ,'T
12
52%
•
Mar
78% Mar
Aug 31
17
17
•
4%
4%
*8%
8%
8%
8%
*9%
9%
9%
9%
9%
9Va
97/a
9%
61%
*61 Vi
61%
61%
62%
*61
21%
61%
61%
21%
22
21%
22
11
11
11%
11
*44
45
45
16
16
15%
15%
11%
Va
45
*25
26%
15%
15%
*25
*44
16
16
22
■
11%
45i
16%
16
15%
16
26%
25%
25%
22%
11%
*44
16 Va
33
33
33
*106
107
*106
107
*106
107
*106
8%
8%
*30
32
*106
110
8
*30
*106%
9%
9%
*9%
9%
97a
9%
33%
33%
33
12%
-12%
*11%
13
1,900
45
*44
45
200
16%
33%
107
8
8
8
31
*30
31
111
107
107
*106%
111
9%
9 Va
95a
9%
9%
9%
10
•9%
9%
97a
33% V34
34
7%
i
34%
5,600
44%
*30
8%
31
23
22%
16 Va
33
90
12
26%
33
23
64
45
23
15%
33
*62%
64
22%
*25 V*
33
9%
9%
*62
34%
33%
v
34%
6,200
400
*31
8%
7%
*29%,
9%
16%
26 V*
16 Va
*106
107
*106
10
6,500
16
26
33%
15%
*106%
16%
16%
26%
16%
16 Va
*26
31
111
10
•
•
8%
*29
*106%
10
10 V*
9%
34%
34%
33 V*
1Q7
900
'
8%
9,000
31
100
1,200
10
Jan
Jan
22
6%
Nov
165
12
•
Jan
Jan
59%
Oct
9% Nov
Dec
14%
35 '/a
Jan
Jan
43
148%
Nov
36%
Oct
Mar
144
21%
Nov
Feb
12
Oct
12
21% Jan
97%
Jan
23
Aug
5
32% Aug 11
17%
Jan
2
158% July 22
101 %
Apr
134%
Jan
2
63% July 15
Jan
43 % Jan
2
65% July 14
33% Apr
34% Apr
49%
-25
3—————25
42% Jan
2
6% Jan
14
146% July 23
12% July
1
120
,/6%. preferred
———100
Amer Type Foundries jnc
10
.American Viscose Corp——
14
5% preferred-——
100
129% Jan
Jan
6
20
121 Va Aug
2
22
class
Common
_
32
115% Jan '
—100
——5
——50
preferred
•
Nichols—
Apr
57/a
Jan
Jun
11
54% Mar
9
31% Apr
.Jan
4
29% Apr
5
23% July
Jan
2
46
Jan
2
30
Jan
2
40% Jun
6% Jan
9
10% Jun
4% Jan
7
Oct
15% Jun
7% May
1
Jail
4
2
2%
79
Apr
May'
Jan
61% Mar
77%
Jan
53
Jun
83
Jan
20
Jan
28%
Dec
81%
Jan
100%
Dec
27%
Jan
53
Oct
90l/8 July 22
60 Va
Jun
72%
Oct,
•
19%
Jun
36% Oct 26
68
Oct 20
28% May 27
7
16%
Jun
34
Jan
45%
Jan
113% Sep
MarlB
6% Jan
4
106
4%
preferred—
Bangor & Aroostook
Conv 5 %
preferredBarber Asphalt Corp
Barker
Brothers
5%%
13
10% Jan
3% Jan
6
Oil
Bath Iron
100
34'A Jan
—10
—No
par
—50
_5
-
—1
Works Corp
Aircraft
Bell
5,200
Bendix
Corp
Aviation
Jan
13% Jan
23 Va Jan
—20
Packing Co
Belding-Hemingway
9,600
5% Jan
30
12 Va Jan
24% Jan
$4.25 preferred——,, __No par
Beech Aircraft Corp
——50
Beech Creek RR
10%
Feb
—25
Creamery—
Beech-Nut
12
par
—No
Bayuk Cigars Inc_
Beatrice
5'A Jan
—
——
Co
Jan
—50
preferred
Barnsdall
,.
—No
par
1
5
105% Aug
7% Nov
25% Jan
93
Jan
9 Va Dec
9% Nov
33
Nov
,
2
2
2
2
6
9
13
4
2
7
7
16
12
30
25
25
3
29
8
Oct
May 26
34%
38
8
4
—100
-
Oct
July
6%
67% July 24
24% Nov 29
—,.100
——-
4%
82
Apr
4%
108% Nov 30
7
3% Nov
Feb
Nov
Jan
28% Jan
Jan
8%
44% Jan
2% Jan
4%
5% Mar
100
14
9
12
7
21
5
9
Dec
Dec
39% Oct
Jan
Oct
1% July
33%
5
18% Jan
Sep
2%
12%
36
Jan
Jan
44
Apr
21
29
Jan
Mar
27%
112% Mar
67%
94% July
.19
May
66
97% July
Jan
Jan
107
Oct
7
7% Jan
Jan
17
Sep
11
50% Jan
Jan
30
40'/a
Jan
Jan
28%
Dec
42
72% Jan
66
Jan
28
5
26
5
4
28
21
22
20
59
113
$5 prior»A—
10 %Jun
110
92
Feb 27.
6% Jan
4
50
12% Mar
24
Feb
20
Aug
22% May
47% Sep
1
Jan
Jan
par
/
7
27
23
6% Sep 20
75
Sep 18
3 Va
5
49
"
7
30
8
7
15
18
83% Sep
52
-No
Mar
39
12
14% Apr
17
par
No par
—
116
11
—100
preferred
Atlas Tack Corp—
Austin
Jan
3'/a
38%
7% Apr
-
,Corp_—
conv
79% July 21
3
——100
—100
—100
Atlas Powder————No
5%
5
1% Jan
Jan
1
:.5%. non-cum preferred—",
100
Atlantic Refining—
——25
/4% conv pref series A
—100
6 %
Jan
76%
9% Nov
•
i:
5%
Dec
34
■
Atlas
Dec
111% Jan 20
20
Line RR
Feb
3%
51%
16 Va Jan
prior preferred—No par
.7%.' preferred.
—100
Armstrong Cork Co..
—No par
Arnold Constable Corp
!
—5
Artloom Corp———No par
1% preferred—,
—100
Associated Dry Goods
—1
6%
1st preferred—
100
7% 2d preferred-.—
—100
Assoc Investment Co—
—No par
Coast
70%
8% July US
42% Jan
$6 conv.
preferred
Jan
' Nov
4
88% Nov
24Va Nov
of Illinois—;——5
Co
Dec
116%
7
2
24
A P W
&
Apr
33 Va
5
3% Nov 30
Corp—12.50
$5 div preferred——
No par
Armour
1%
4
May
Nov
55% Jan
par
Mining——
108% May
Jan
7%
3% Jan
Anchor Hock Glass
Copper
9
Apr
Jan
143%
3% Jan
1st preferred—
Woolen—
American
Anaconda Wire & Cable—.—No
3% Apr
49% Sep
8
Apry
50%
53% Jan
Elec——No par
-No par
No par
Preferred ±L-—-—
100
Amer Zinc Lead & Smelt.
——1
$5 prior conv preferred
—25
.: Anacorida Copper Mining—
50
Water Wks &
Am
35
V*
26 V*
14
——
112
Jan-
Jan
91
—100
13% May
57
Sep
33
Mar
Apr
23%
Jan
99% July
109%
Feb
6% Sep
46%: Apr
7
Jan
14%
51
Dec
43
May
70
Jan
III
May
116
Jan
7
Apr
9Va
Jan
1%
Apr
3%
Dec
4
8
; 15%
Apr
19% May 27
7
6
29
8
14
21
20
68% July
123
Jun
15
Nov
9% Aug
85 V* Aug
.
13
29
28
14
24
1
4
.
6% Apr
,
,
v
10
Apr
14% Apr
12 Va Apr
62 Va Dec
28 V* July
15% Sep
47
Sep
19 Va July
,20% Mar
x29
33 %
xllO
May
July
Sep
14% Sep
33% July
114
Aug
llVa July
"20 % Mar
397/8 Apr
19
22
27
19
9
24
13
28
1
16
6
31
Dec
2% Jun
4Vb
Jan
9%
Jun
14%
Jan
2%
Jun
4 Va
Jan
4 Va
Jun
7%
Jan
4
Apr
6%
22
Jan
B
/v
Jan
U
9% May
16% July 14
Jan
17% Jan
700
5%
8%
142%
3
6
9%
5 Va
8%
Oct 23
11% Jun
2
Feb
19% Jan
9'/2
5
8%
8
Apr
11% Mar
3,100
4%
Apr
3%
:
8%
5V4
12%
Feb
26%
.,
2
8%
4%
45% Oct 29
Nov.;
7%
23% Mar
119
..
11
8%
18%
4
25
Baltimore & Ohio
18%
2
2
36% Nov
144% Feb
14,100
19%
12%~Dec
•
36
8% Jan
5%
18%
Feb
113%
Jan
Nov
Jan
10%
Apr
1
Nov
'
40%
May
4
12% Jan
5%
17%
18%
4
16
lO'/BJan
Baldwin Loco Works v t c.
17%
;
Apr
4
7
Jan
54
56,000
3%
9%
1
7
Jun
10% Jun
125% Nov
29
6Ve Jan
18%
3%
15% Jun
6%
Dec
5%
Oct
35% Mar
May
37
,.
,
Oct 29 "'v • 21% May
% Mar
4% May 10 :■:••;•/
15% Apr
48% Oct 29
154
18%
3%
4%
27 Va Apr
4
Jan
in
49,500
3%
2
16% Jan
3%
3%
670
G
Apr
Dec
2
Jan
Mar
18% Jan
3%
3%
71%
lVa
2%
Oct
56
Apr
25
20
Jan
36%
21% Jan
.10
100
14
8
7;,
11
116% Jan
X26
5%
67%
3%
3%
:
108
7% Feb
20 % Jan
.—No par
Aviation Corp of Del (The)
3
69
17%
3%
3%
55%
*115
119
107%
5,100
26%
107%
24%
107
200
60
,
25%
5
66% Sep
35% Jan
Telep & Teleg Co—
American
Tobacco.—
AU G & W, I SS Lines
25%
1
•.32 %' Sep
x36 %
Oct
3 Va
2V8 May
-
Dec
127 Va Jan
Sumatra
1,400
29
*57
60
12% Jan
100
Tobacco-ij—No par
Preferred
Am
29 V*
25%
35
May. 5
May 27
70
.
141% Oct
Amer
Atlantic
25%
Nov
68
•
Refining——.100
American Sugar
7,400
26
28%
28
60
American Stove Co—...
.
26 Va
82%
26%
26
I
7
7% Jan
No par
No par
No par
American Stores—-
2,000
83
Jun
4
25
Foundries.
Amer Steel
5%
14,600
55%
Dec
25 Va
23
78% Jun
-—100
preferred
non-cum
Atch Topeka & Santa Fe
5% preferred—
54%
42%
Feb
2
—;——100
'"
*106%' 108%
83
*82%
29
25%
107
39%
-
Jan
17
36% Apr
1
4% Apr. 6
40% Jun 22
par
preferred——-——--—100
7%
*
90
Dec
10%
6
2% Jan
i.
3,500
120
8%
30
Co——-.No par
Amer Power & Light-———No par
'*•$6 preferred—————No par
$5 pref»rred_-_uNo par
;Am Rad & Stand San'y.——No par
Preferred —^
.——100
American Rolling Milk-,
i.-—25
4%% conv preferred™^
-—100
American Safety Razor———>18.50
American Seating Co..——No par
Amer Ship Building Co
No par
Amer Smelting & Refg„—-No par
1,400
13
49%
6
53 % Jan
Dec
Jan
Jan
Jan
5
Nov
2
/
1%
Jan
Jan
7%
25% Dec
-
18%
7
35
Nov
16
26
:
3
July 14
87% Jun
39
-American/News
i 2,000
'
2
12
,
30
*38 Va
*38%
82 Vi
.
87
*106%
May 10
Jan
27
600
*85%
39 y4
Jun
a82
Dec
16V* Nov,'
Jan
3% May
Oct
70
9
86
108%
54 %
531%
:/•
9%
*85
39 Vi
16%
Paper Co Inc—
—5
Archer DanielsyMidl'd———No par
91
*90
*38%
108
*106
86
i
29% May 18
Andes
102
12%
12%
SO
*106%
39V4
*38 Va
39 %
108
12%
90
86!
87
*85 Vi
87
12%
91
12%
9%
*8V/a
102
*90 Va
12%
90
*86
-
102
102
102
102
105
*102
105
12%
25%
36%
8%
90
*55
36%
10%
12%
25%
v
35%
89 3 4
25 Va
•
8%
12%
*38%
36%
73
*36
10 Vi
89
*106
74
75 Va.
36%
8%
12%
39%
72%
10
8
47
: ■'
100 V*
8
17% May 6
82% Sep 15
Preferred
American Snuff
May
%
2 "
7;
Jan
7% Mar
5
Oct
Dec
22%
6% Jan
1% Jan
Dec
7%
22% Nov
46 % Jan
Mar
18
Dec
92
Apr
Vis 'Jan
Jan
2
8
2
6%
:
3% May
1
1
Products—
No
■20
110
Mar
15
■
103
May
May
69
10
39% Jan
1,600
75 Va
16
105
2
7 Va Feb
11,100
71%
Jan
1% Jan
9
Oct
Jan
73%
55 % May
par
No
Dec
33
8
—
Dec
May
Dec
122
3%
74%
Apr
20
4% Jun
104% Jun
Feb
176
18% Feb 25
2
Aug
97% Jan 27
f.
Oct
Jan
33
130%
Mar
14
9% May
300
Va
5' ''■■■
71
>
11% May
Nov
6%
159
15% Jan
100
44
47/a.
.
71%
x71
10
.
V
90
108
4%
4%
4%
72
*43
44%
*43%
44
24% May
26
14
300
1
1
6% Jan
5
300
2
2
19% Feb
2
440
■:i.f
9%
*9%
36%
12%
*38%
.
72 Vi
72 Va
90
86
72
25,500
25
par
112% May
5% Jan
116
*114
2%
36%
9%
*8%
:
4%
71%
*72 %
;
a
37
105
4%
4%.
24%
10
*9 Vi
2%
2%
*106
116
%
43%
*103
*114
116
*1J 4
x9
*2%
70
20 Vi
9%
*9%
.
■.
*19%
■
116
*114
116
*114
20
:
116% July
4
Oct
49
Apr
56%
4% Jan
$6
!
67%
:
*45
46%
*45
5%
'
-
v."
5%
14,200
''
'
/,/•-.:■
87
66%
/.'•
5%
67%
3%
*84%
,
!
6%
6Va
6%
87
■
720
•
8%:
8%
9%
:1
139%
1
Feb
Ice_LL——
6% non-cum
{ 6,300
138
24% Apr
5 •*:'
Nov
96
10
1 Va
4
29
1
10
7.
23
10
20
6
Corp—„—-No par
American Invest Co of 11%——-1
'"/•
5% conv preferred
,50
American Locomotive—.^—No par
,7% • preferred
.—100
■Amer Mach & Fdy Go—
No par
Amer Mach "& Metals-i—.^—-No par
Amer Metals Co Ltd—
-No par
if 4,700
57
July
'80
107
Amer, Internal
11,800
55%
Aug 18
45 % Jun
•
9%
■„
Apr
185% July
6
18% Jan
8
2
1,000
J
Apr
1
S 2,400
t
500
27
Jan
3% Mar
Jan
1 1,200
108
*26%
26%'
5%
46%
•
%';•
' {
108
67
4
4 :
V?
6%
5%
*46
46
28%
*84%
67%
67
66%
28
45
87
.5%
5%
5%
66
4
45%
*84%
.
•
8%
117%.
6%
6%
89
17%
X138
9 Va
44i%
*84%
657a
141
*117%
6 Va
6%
5%
3%
4
44 Vi
*17
56%
57%
117%
43%
88
56%
8%
17%
54%
54%
8%
14
156
56%
8 %
*117
117%.
65%
5%
66
3%
*117
.
44%
•44%
88
*5%
8%
8%
24%
14
*26%
55
141
140
139%
139
157
140%
24%
13%
Thing.
Sees:.—
5%
38%
37% Jan
18,700
25%
108
27
55
•
V
110
156%
"
700
v
*17
•
Encaustic
9
30
9% May
59% Nov 29
—1
Export Lines Inc.
Deo
preferred——100
370
41
X13%
V
7,700
/
148
*146
148
720
■■■
"
147 Va
40 Va
41%
/
C
'
24%
27.
27
*26 Va
147%
149
*146
28 Va
28
1,08
27
97
14,8
38
41
146
24
*146%
148
54%
65 %
146%
146 Vi
41 Va
147%
-
800
13,300
13%
38
X146
5%
i
26
56
*84%
2,100
13%
55%
*117
14
14%
8%
14
14
24%
44%
n ,800
12%
60%
60%
14%
117%
12%
14
22%
8%
10
167
*163
25%
*54%
43%
30,700
12%
59%
14%
139
9%
14
156%
138%
14,800
26
155%
56
13,500
40%
13%
41 Va
16%
11,900
' .'•
'45
9
167
; 12%
.
-
14
22%
26
39%
9%
270
2%
2%
44%
40 Va
/.
60%
14%
108%
2%
45 Vi
2%
60
22%
27
27
108%
/ 2,500
26
148
*40
*147
17
300
14%
37%
3,000
34%
34%
34%
-No
58%
Apr
par
100
—;
Crystal Sugar—
American Home
i.
125
*123
125
*163
22%
148
*147
;
1474/2
146
41%
*40
} 3,100
22%
22%
22%
72,000
m
8
*7%
8 !v
9
12%
*13%
14
14%
39 Vi
167
591%
59%
80
13%
26% "
*14
*14%
*26
36%
9%
12%
12 %
12
12%
40%
*164
167
*163
167
166
14%
79 Va
14%
44
.8%
8%
,
45
39%
39
8%
14Va
80
/- 34%
2%
43%
38
14%
79
*7%
preferred
.American
•
2%
43%
'
8%
8%
2 Va
;
44
140
■
42%
2%
2%
43 %
38%
'•
35
35
35
34%
400
-t
45
*123
34%
34%
34%
6Va
45
/• 22%
126
*123
125
34%
22 Vi
22%
,
.3,400
8Va
*5%
6,500
*5,400
46%
/ 13%
/
8%
8%
22%
22 Va
*123
125
*123
125
\
8%
*8
22%
x22%
22%
*22
13%
13%
13%
7
! 2,200
/
63
14%
12%
.
100
39
8 Va
6%
*5%
•2,200
3 Va
63
& Cable Inc—— -No
Apr
23
,
4,900
35
66% /;.67 %■■///
4%
- ■
4%
/
•...
8%
*45
46%
*45
46%
*45
65
8
6%
6 Va
6
6
6%
46
8Ve
8
!
v
4%
4%
*63
preferred—
24% Jan
par
,-—100
$7
600
•
65%
65%
67
66%
4%
65
65
65
65
8
*74%
*123
4%
'
*39
66%
66%
4%
66
*45
'
*8%
66%
4%
4%
3%
40%
*39
40 V4
66%
66
6%
6%
3 Va
,
*39
61
8
7%
*6
17%'
4%
4%
4%
.No
25 V*
91% July 15
30
Nov
168
foreign Power— -No par
preferred——^.—..—..No par
-No par
$7 2d preferred A
—
-No par
$6 preferred———
American Hawaiian SS Co_ ——10
1
American Hide & Leather¬
ed conv preferred—;— —'—50
15,400
17
34%
4%
63
*60
75%
65%
66
66
*65%
75%
75
16,100
i 2,800
75%
77 Vi
4%
2
& Fdy—
Nov
120
134
4
100
24
43% July 14
20
Oct
Jun
9% Apr
*"•
4
2
Jan
18%
July
Nov
Amer &
76
4%
18
3% Jan
American
j 5,200
70%
61
71% Jan
100
preferred—
—100
1st preferred-——
—20
Distilling Co——
%
18%
5
27% Jan
par
Jan
Dec
5
4% Jan
-No
1%
Mar
27
Jan
Nov
II
Jan
47
127% Jan
American
2,000
9
26
10
19%
Aug
„
Jan
Apr
■
30%
43
8% Jan
52
10
—50
Jan
Apr
•"
29
7.
34
Sep 13
76% July 8
2
—
Nov
81/
86 V2 Jun
14
Jan
Corp—
Amer Europeaa
"8 Va
*25%
9
26%
26
6
2%
>2%
2%
2%
*8%
27
Jan
23
lnc.__—
6%
Apr
July
31% Oct
X67
Co
non-cum
Amf-
33,400
120%
115%
121
114%
13
20
1
conv
American
1,300
103 Va
*102
103%
100
.
14%
Xl4%
14%
14%
*102
•/
77
65
3
40%
10
% Jan
13% Jan
Aliegh Co N J—25
10
American Colortype CQ—
4%
35
*39
3
3
*39
*9%
1
50
Am Coal Co of
"
21
2% July 22
par
American Chicle—:
75%
65
■32
31
10
23% Sep
-25
Chain
5%
30
4%
4%
32%
66%
*65
24
23
*23%
30
25
9
25%
/
*22%
2%
*8
9
7%
Am
690
*9%
122
2%
2%
*8
9
;
j
25
15
113
114
2%
2%
2%
*8
9
*8
*102
106 Va
106
*22%
103%
*102/
103%
103%
■/;./
14%
43% July 10
7
& Radio Corp.
Car
American
2,400
23%
111%
22
7
—
Preferred
2,500
23%
*109%
105 Va
105
i
;
66 %
X66 %
23%
111%
23%'
9%
9%
15
14%
14%
14%
14%
*102
68
*109%
25
*24
9%
*9%
10
*9%
*9%
111%
103% 103 Va
103
24
*20
24
*102
.
64
Can——.——
conv
Amer Cable
13,700
68%
33
68%
2
par
—
Shoe
,American
480
33%
33%
*109%
81%
5% %
Dec
17% Jan
Note-
Bosch
Brake
Am
4,000
:
172%
22%
110%
82 Va
172%
172
29%
110
8
83
82
81%
•
8%
8
8%
81 Va
172%
30%
7Va
39
18
97
-No
preferred
American
*7%
39
7%
Bank
16% Sep
7
Corp— -No
Agricultural Chemical
6%
*7
-8%
80%
172%
172%
31%
172%
172%
80%
81
80 %
80%'
8%
61%
60%
61
38% '
38%
*129
131
7%
7%
7%
38%
38%
*130
131
131
7%
4X60%
;
29
29
7%
*7%
7%
7%
39
38%
39
131
X60
60
59%
7%
7%
7%
*20
American
28%
15%
29%'
American Airlines
3,600
29%
16 Va
*63%
4,400
28%
28%
59%
172
1,800
28%
29
Petroleum
Amerada
Amer
2
26 Vs Jan
—
2,600
79%
79
28%
*80
79
80
15%
7%
80
Portland Cem_—
:
Amalgam Leather Co Inc—
6% conv preferred——..
200
28
78%
59%
39
*27
78
*27%
■
28
77%
28
*130
*1%
27%
77%
77%
78
*7%
*1%
2%
2
28
*1%
2%
6% Jan
4
par
.No
Highest
I per share
$ per share
share
par
Mfg—— -No
Alpha
f per
per share
73% Jan
par
100
preferred-———
Allls-Chalmers
10,700
18%
18
37%
-No
Stores Corp—
5%
300
95
„
Allied
13,000
15%
15
35%
*76 V2
*60
'
t
Par
Shares
35%
*1%
28
*27
28
*27
14%
96%
*95
97
34%
18
2
*1%
14%
'
14%
*95
96
share
Year 1942
,
Lowest
Highest
Lowest
EXCHANGE
the Week
t per share
$ per share
$ per
share
14%
14%
14
.
97
*94%
$ per
Dec, 9
Dec. 8
Dec, 7
Range Since January 1
STOCK
NEW YORK
Sales for
Friday
Dec. 10
Thursday
Wednesday
Tuesday
Range for Previous
STOCKS
PRICES
LOW AND HIGH SALE
Monday
Monday, December 13, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
2370
Jan
36
Dec
13%
Dec
Apr
6%
Nov
24% Aug
8% Jan
33%
Dec
12%
Dec
12 Va
Jun
18Va
Jan
Apr
X23%
Nov
26
Oct
6Va Mar
4%
15%
20
Apr
23%
jun
64
30
Feb
Apr
110%
Jan
6% May
9 Va
Dec
9% May
17%
Nov
28 V* May
397/a
Jan
Volume
158
Number 4237
THE
LOW
Saturday
S
16%
SALE
$
$ per
share
16%
16%
$ per
'56%
56%
*56%
57%
33%
33%
33%
33%
*34
35%
15 Va
14%
15%
15%
115%
115%
55%
115%
56
115%
56%
•
7%
116
*117
38 %
38
38
38
16%
16%
16%
16%
17
118
.*56%
*33%
56% "
116
7%
7%
16%
*15%'
16%
*15%
15%
15%
*14%
15%
*14%
16
*94
".-*'14%
95 '
*94
95
*91
95
*91
13%
44'; ;:
'12%
13 VB
95
*94
12%
13
13
43 Va
.
43%
44
86
Va
86%
*45%
86
;
47
32%
29 V4
13
44%
'
44%
'
44%
86
86
•34%
3%
47
*46
32%
28%
.
34%
3%
36
86
28 Va
35%
35%
.
*3
3%
37./
12%
12%
12%
*40%
43%
*40%
*36%
37%
9
*36%
40%
40%
40%
*%,
%
9
*%
1
14 Va
14%
*36%
39%
15%
94%
Vb
26
■
3%
3%
3%
53
8%
12
*68
19
24%
%
%
6%
6%
6 Va
.24%
14
14%
14V«
22 %
48
7
.
7%
*34%
17%
7%
*27
27%
*3%
26%
26%
109%
11%
12 VB
3%
3%
9
9%
9
27
3
142
14%
12%
69'A
19%
20 VB
24%
24%
,
14%
22
34%
7%
7%
32%
*103
*6%
•
*43
7%
27%
*27%
3%
*3%
104%
23%
34
94%
28
28 Vz
28%
143%
143
43%
43%
44%
33%
33%
4
34
%
129
129
31 %
Nov
1
45
Xl5
May
Jan
7
Nov
12
20%
12% Apr
Sep
5
7%
Jun
NOV
4
9%
par
8% Noy
20% Jan
8
No
30% Jun
7
15 %
Jan
21%
NOV
—No
par
33
Jan
35 Va
Nov
_,iVo
Apr
43
A
jan
13
Jan
par
—No
par
% Oct
27
No
par
9% Jan
2
18% Jun
No par
29% Jan
8
No
—
—No
Budd
.
Wheel
Buffalo
Forge
Co
No
Watch—
Copper &
(A M)
94%
6%
3,700
Calumet
210
8%
17,300
4
95
370
28%
"
4
'
Pacific
Mills—.
No
Carolina
Clinch
clasg
&
Ohio
200
Carpenter
Ry
Steel
8
77 Vs Jan
1
Caterpillar Tractor
No par
40
Celanese Corp of Amer—;
No par
26% Jan
7
95VaJan 26
20
5%
7 %
*11
11%
112%
112%
310
11%
11 Va
11%
11%
17 Va
17%
171/4
17%
11%
11'A
17%
*16%
17%
17%
17%
17%
17%
18%
18%
18%
18%
18 Va
19
19
*103
11%
*16%
8%
8%
2%
2%
109
8%
18%
2%
108
9
,
19%
"
8%
108
9%
•
18%
2%
108 Va
9
104'/a
19 VB
2%
9%
19%
9% '
20%
3,100
Central Violeta Sugar Co
6%
300
19%
20
19%
19%
19%
6%
*6%
7
6%
6%
6%
37
37
5
*37
5
*17
5
.
59%
*58%
•
V
17%
44%
44%
6%
6%
*11 Vs
11%
*17
37
36%
:5Vs.
59%
57%'
17%
18%
18%
108
24%
108
23%
45-
44%
24
45
6%
61/4
6%
11%
11%
11%
*6
11%
.
*108
*17
*36 Va
5 Va
58%
;
17%
19%
;
*
108 Va.'v
25
45
*17
20
108
114
25%
.
19%
108 Va
*24 Va
2,900
18%
18%
X16%
16%
16%
17%
37%
37%
50
12 Va
12
14%
*14%
1%
1%
75%
13 %
13%
102
75 Va
13%
102
55
102
55%
6%"
50
*49 Vs
*12
13%
*12 Va
14%
14%
1%
13 %
28%
*26%
75%
76%
1%
*26%
76%
13%
13%
*101%
102
55
54%
55
32%
*140
7
*6%
32%
150
33
*140
7
'
33
150
■
80 '
*72
80
113%
113
113
«,72
*112%
*36%
37%
*37
105%
105%
*105
71
*112%
37%
37
106
106
72
113%
37%
106
*92i/4
93
*92%
93
*92%
93
*52%
54
*52 Va
54
*52%
54
*
1%
77
13%
13%
55%
6%
*105
52%
*92
52%
341/4
*144
150
*144
150
112
112
112
24%
113
24%
*111
63
63
24%
24
104%
104%
24%
24
*111
113
14
54%
34 Va
970
:
7
147
C.
*73
75
_30
*112
113
10
38%
*105
;
93
*92%
54
*52%
38%
106
"
Va
•
20
"40
54
35%
5,100
351/4
3,900
Cluett
*142
148
114
115
63
25
24%
*111
*104
24%
24%
113
*111
63
24%
105
24%
113
*142
148
*114
.
115
63
.
■
63
24%
IO414
24%
*111
1,400
24%
Class
9,500
-
$4.25
5%
11%
12
11%
11%
560
12%
12%
12%
13
12%
12%
460
11
11
11%
11%
11%
11
Vb
11%
470
23%
4,700
*23%
23%
800
see
page
2379.
par
—10
2% Nov
Mar
8
1%
110
Jan
3%
Jun
18
Jan
Oct
Jan
3% Nov
104
,
1%
Jan
35
Dec
Oct
Apr
3%
Nov
23%. Jan
32%
Deo
6
July
34
July
50
July
9 Vb May
17 Va May
15 Va
18%
Oct
100 Va
Nov
Apr
9%
Oct
27 Va
%
Apr
36%
Jan
Apr
2%
2%
Jun
8% Nov
1%
Jun
2%
22
23
10
5%
8%
Jun
Jan
13%' Sep
7 Va Nov
Aug
17 Va
33
Apr
39% Jan
47
July
41% May 20
54
1
Dec
7
May 27
15% Apr 30
Jun
3% May
10
Dec
Jan
4 Va
48l/a Jan
18
Jan
Jun
Apr
36Va Nov 24
6
19
14%
93
12
Apr
Sep
8
8
0
15
15%
■
14%
11%
15Va
11%
23
23%
24
23 %
24%
23%
23 Va
23%
23
23%
15
15%,
Co
23
'
4
Feb
10
Jan
52
Jan
8%
Jan
11%
Nov
llVa
Jun
13%
Feb
2%
4
1
Dec
B
20
May
1
28% Jan
101V4 Jan
22
40
gtd
50
50
123
67
Mar 17
Jan
9
Jan
02
May
32
2V8
Oct
Mar
28
Nov
11
120
74% Jun
7
67%
Apr
116% Aug 10
107%
Jun
141
7
108
Jan 23
50
Feb
Nov
3
92
Sep 22
22
Jun
Dec
May
95% May
77% May
25
.
70%
Feb
34
Apr
3
Jun
125
Deo
72
Mar
112% Nov
31%
102
6
May
50
par
33 Vb Nov
18
48 Va Mar 30
32%
Apr
44
33 V4 Jan
12
40
25%
Apr
36%
May 13
153
123
142
No
par
88
Jan
4
par
62 V2 Jan
11
No par
16% Jan
11
No par
No par
preferred
100
No par
July 20
Sep 21
July 14
681/4 Oct 18
25
Dec
8
X103V2 Dec
6
109% July 17
17 V2 Jan
4
Jan
7
28% July 15
114% Oct
6
13% Nov
8
19% July 14
108
100
2% Jan
2
preferred—100
3V2Jan
2
19
Sep 25
19% Sep 25
3
2
17% Sep
-
2.50
47
139
Jan
Jan
Jan
149
Nov
56 V2 Mar
92
Nov
55 Va
Jan
11% Mar
97%
96
Apr
10% May
May
13 Va May
%
1
Apr
May
15% Jan
6
24% July 14
15% Jan
2
24% July 14
8%
25
Deo
Deo
84% Mar
Jan
Vb July
8Va Apr
Jan
Dec
Aug
39% Nov
—No par
No
Jan
10% Aug
99
% Sep 29
54
Sep 13
preferred
1st
43%
7
84
—No
non-cum
3
8% Jun 25
39% July
2
32% Nov 30
Sep 27
55% Dec
4
(The)
(The)
A
B
2% Jan 13
85% July 15
15% Aug 18
106
Feb
rion-cum 2nd preferred—100
Columbia Br'd Sys lnc cl.A
2.50
Class
27
7
32 % Apr
109Va Jan
100
7%
tColorado & Southern
4%
4%
2
96% Jan
100
Colo Fuel & Iron Corp
3,000
67% Jan
10V4 Jan
100
Co
conv
24% Jan 30
par
100
Collins & Aikman
1,800
113
12%
footnotes
13
19% Apr
24
108 Va Dec
par
—
Colgate-Palmolive-Peet
610.
12%
For
,
7% Jun 1 4
72% Oct 29
No
Louis Ry. Co
$4.50 pfd
Peabody & Co
Coca-Cola
260
-
247/s
105-
11
23
41
par
Preferred
11%
*22%
8V2 Jan
100
Climax
34%
12
,
8
——5
Special gtd 4% stock
Molybdenum
351/4
35
11'A
23
115
No
Clev & Pitts RR Co
11%
23
16% Nov 29
5
5
preferred
35%
104
«/a
& St.
C.
Clev Graph Bronze
5% preferred
1,000
-
C.
5 «o
Clev El Ilium
93
11
23
Apr
IV2 May
27
jTOO
No
preferred
City Investing Co
City Stores
Clark Equipment
500
11
23
16
90
Sep "21
Jan
25
6%%
800
35%
11
23 Va
Aug 27
Apr
18
No par
City Ice & Fuel
110
11
23%
No
Oil—
Co
Corp
Chrysler
1,000
101%
11
23%
Jaii
7
3% Mar 12
2% Apr
82
July
99% Jari
5
Chile Copper
18,800
11
*22%
23%
23% Jun
111
HVaJan 12
13% Jan
4
Cotton
1,000
28
80%
15%
4
Dec
6 Vb
5
July 16
11
par
50
$Childs Co
14%
12%
8 Va
21
Yellow Cab
9,500
15
11 VB
Dec
Aug
14% Apr
22
1%
14%
12%
97%
16% Dec
Chicago
14%
*10%
Apr
4
Chickasha
14%
%
Dec
77
4
600
X35
63
104
24V4
24%
113
63
Dec
Jan
($2.50) cum div_—No par
Pr pf
148
113
24
29%
97%
6
200
40
114
*144
112
24
Apr
120%
15Va Jan
147/a
*140
■
106
Va.
*52 Va
35 %
35%
104 Va
Dec
42% Dec
Apr
No par
No par
12%
6%
73
*105
35
23%
4,300
12 Vb
54
147
73
93
34 Va
Xl03%
*111
*140
106
*92 V*
35%
23%
Dec
Apr
6
100
14
39
35%
106%
78
130
82
2V8Jan
10% Jan
6
Jan
50
*34%
38 Va
33%
23%
Nov
3% Nov
110
—50
Chicago Great West RR Co
5% preferred
Chicago Mail Order Co
Chicago Pneumat Tool
$3 conv preferred
37 Va
6%
38%
34%
*1051/4
Jan
28 Va
July 22
11
13
7% May 12
2
21% Jun
5,400
*101%
••
113
35%
64 Vs
Dec
128% Sep 14
120% Sep 27
1
Mar 19
Feb
4% Nov
89
Apr
15
7
2,500
78%
54%
*111%
33 %
63
Apr
V2 July
2% May
54% Apr
30
2
16%
35 Va
6%
*34
'75
35 Va
64%
77
54% July 19
2
17%
*27
'
14
101%
113 Va
38
112
24%
■54%
15t)
'*71 '
*112%
35%
*64'/a
*13%
6%
*140
79 Va
101%
-
34
Va
27
77%
102
55
33
27
-
78%
*101%
150
111%
38%
'
29
33%
33%
*35
*144
37 Va
Apr
22
Dec
Aug
29% May
1% Feb
40% Jun 25"
108
Va
7% Nov
32
Jan
7% Jan
1%
...
15
33
Jan
117
2% Jan
14%
1V4
14%
1%
28
33% Jan
50
13%
14%
14%
1
Apr
Dec
3%
July 13
40
*36I/B
-
0
25
A
17%
,
5% Apr
132
Oct
par
Class
16%
•
50
14%
29
*6Va
32%
150
38%
*49%
13 Va'
102
54%
6%
*32 Va
*140
*37
50
*12
14%
1%
39
*49'A
Vs"
*1%
*26%
18%
*37
14%
29
18%
4
47% July 21
9% Apr
6
46% July 22
97 % Aug 31
31% May 29
144
9Va
27%
7
7
5
Mfg
3%
16'A
*49 %
45Va
Cab
3%
17%
13
75 Va
44 %
Checker
Chic & East 111 RR Co——No
16%
50
600
Chesapeake & Ohio Ry
*3%
Mar 31
5
100
2,700
16
*49 %
25%
No par
preferred
7,300
16%
*12 Va
*27%
*24%
6%
8,500
15%
16%
Champion Pap & Fib Co——No
6%
16%
15%
39
Chain Belt Co
40
12'A
15%
15 V*
100
700
109
5%
4VB
24% July 14
38
11% May
'
17
20
11%
19
Nov
8% Nov
8
,—100
5%
3%
Nov
16%
18% Jun
32'/Wan
6% prior preferred
11%
18%
7%
Jan
23% Jun
2
53A
3%
Jun
ll7/«
7
14
11%.
18%
5%
7
2
Jan
6V8
3%
7
12
Jan
*108 'A
44%
9% Apr
Jan
3
11%
x44Va"
Va
Jan
98
2,030
1
Jan
x33
Vs
6
18%
16%
62%
Dec
3
100
11%
3%
*37
Preferred
Certain-teed
45%
18%
39
3,200
Jan
17
3
Cerro de Pasco Copper;——No par
Products
1
1,500
5%
17
.
25%
3%
16%
16 Va
No par
*19%
.
109
18Vb
15%
15%
10
37
59%
19 Va
3%
*37
114
"■
37
95
Jan
13
-100
Century Ribbon Mills
5VB
60
18%
*3%
18
.
'
5'/a
17%
.
*108
37
5
59%
'
18%
44%
5Vb
59%
108%
*22%
37'/a
5
17%
18%
23%
'37
5 Vb/
59%
*107'/a
108
*22%
59%
*17
18%
18%
108
37%
VB
114
4
Foundry
111 Lt
Deo
10
19% Apr
2
fCent RR of New Jersey..
19%
*108
12
1% Jan
1,700
19%
113
16% Jan
97% Jan
9%
*6%
1
-No par
9%
6%
96% Feb
Co
*
1
4%% preferred—100
Central Agulrre Assoc
Central
19%
4
2
Central
6%
Jan
26
60
"
119
Nov 30
8% Jan
——
1,700
19%
*108
—„—No par
—20
127% Jan 21
16 % Nov
preferred
2%
6%
110
5%
108%
19%
110
Celotex Corp
370
2,700
•
prior preferred——100
2%
*6
114
5,100
;.
series
prior preferred
100
7%. 2d preferred—,—.——100
*107%
103
*19
*110
7
8
3 % Jan
5,800
50
2%
Jan
25% Jan
1
100
4,300
1041/a
..
x85
2
25
36%
124%
■
Jan
45
*103
*108
4% Jan
43%'
*123%
2%
3614 Jan 21
40
35%
112%
108
9
36%
123%
2%
23
6% Feb
35%
112%
108
13
29'/Wan
43%
123%
■1
13 % Jan
69 Vb
Mar 27
1% Mar
'
35%
112%
,
Jan
9
xl3% Nov 30
50
123'/B
Feb
Deo
145
104'A
6% Mar
Oct
6%
Nov
*142%
104%
Apr
7
24%
21% July
3"% Jan
10% Nov
1%
45
112%
2 Va
2
Feb
537/8
145
123%
Sep
22%
*142%
113 VB
Jan
4%
19%
Apr
45
123%
18
1
Jun
145
104%
16
Feb
Nov
Jan
2,900
*103
Oct
Oct
3 Va
44
Va
130
*123%
Jan
Sep
16
124%
104 Va
2Va
50%
6% Nov
-100
Dec
~9%
Jan
56
5
.
Nov
20%
30% July 13
125
Preferred
26%
7
xl24%
,44%
~6%
4
83 Va
Oct
Oct
24
Jan
130%
*144
.
7%
15% Mar
25
40
2
Co
Sep
Sep
May
19% May
MVa May
22 Va Jan
% Jan
100
Carriers & General Corp
Case (J I) Co
5%
11%
52% Jun
par
50
par
A„1
Deo
9
16
—.——10
900
,
123%
2%
19
par
25
preferred A„
Dec
85%
Apr , 6
25 Vb May 20
——1*
Ry
Jan
3%
Jun
3
5 Vb Apr
18% July
2% Jan
Cons
Administration
$3
'
^
& Hecla
14% Oct
8% Jan
112%
16 %
10% July 15
9 Va Jan
—No
Jan
Apr
May
29% Nov
65'/e Nov
.
Jan
2%
49
5 V4 Jan
—100
Packing
Zinc-Lead—
35
Dec
75
20% Jan
No
Capital
1,200
112%
109
6% May
Jan
21V2 Jan
5
Cannon
400
7%
44
123%
2%
41
No par
preferred
Canadian
112%
*8 Vs
109% Oct 26
15% Jun
7
9 V4 Jan
Canada
113%
*108
May
2% Jan
Copper——5
Campbell W & C Fdy
No par
Dry Ginger Ale—
5
Canada Southern Ry Co_.
100
3,200
35%
*27%
5Ve
4,200
41
*941/2
28%
4
California
4,000
123%
11%
20 V2 Jan
par
Zinc
preferred
Nov
47 Va
29% Apr
5
35% July 19
31 % Jun
7
24% Jan
105
30
Byron Jackson Co
*123
11%
5
Nov
—10
preferred
Participating
*113
11
16
100
<
6
Xl03% Mar
10% Apr
1
18% July 16
14V4Jan
preferred—100
Jan
10%
Apr
7
Apr
28 % July
9% Apr
54% Aug 17
6-Va Nov 30
f
Nov 30
Va
1%
1
9% May 10
116% May 10
4
34%
144
113
8
Jan
1
Bush Term Bldg 7%
Butler Bros
conv
118% July 27
43
par
A Apr
5
2
1
No
1
76 V4 Jan
100
———
—
1% Mar
Jan
3
par
Burlington Mills Corp
2
7
1
No
Bulova
26
30
Mar
12
par
par
Bullard Co
July 14
k
6% Jan
13
—No par
—No
44
44% May 21
7
42% July 23
20 % July 10
10% May 6
100
—
16
104 Va Jan
-.100
—No
Jan
37 Va Jan
par
—5
Co
preferred——.
(EG) Mfg
preferred—
20
par
5
Byers Co
15
*43V4
94%
4
Mar
14 Vb Nov
Callahan
*6%
44
*27%
4
25
8
30
7%.
'
3%
Oct
16
11% Nov
5%
23%
40 Va'
7%
*43 %•
28% Jan
4,500
r
*33%
8Vs
42%
*6%
44
94
128
*103
i.14%
7%
•
7%
*431/4
15%
23%
*41%.
94%
128%
33
.
33
8%
42
7%
44
94
42%
33
36%
7%
42
6%
/
15-
23%
*34
8%
,
Dec
Dec
3 Vb
IH
-
.
Jan
Deo
28%
Butte
2,700
Jan
17 V*
43
22%
551/4
.>-■%'
s
:
"
15
'
7%
45
94%
*142%
42%
X6%
*55
:
"'
•
; -25%
25
.
:
Feb
40%
18% Mar
2,400
.
May
Apr
13 Va May
95 Va
30%
19% Jan
1% Jun
$5 preferred
20
20%
19%
72
July 15
July 14
6% Apr
3
37% July 23
2,300
.
12%
25
51
39
900
69
6
96% July 29
•
.'
%
23%
•
42%
"11%
*68 %'
25%
55
55
23 VB
•
:
>
19%
25
*
14%
%(
;
'
:
.
31/8
.
56 Va May
.
Jan
9
preferred
5,200
27%
3
68 Va
*19%
6%
6Va
9
27%
-
12V4
68 Va
13
6%
8%
12
55 VB
%
9
Jan
13
6%
J
25%
55 VB
34%
*41
3%
142
42%
3'/s
Dec
May
May
21 Vb
2 Va Jan
Brown Shoe Co
90
520
12
75
26% Jan
RR
Terminal
56
Apr
July
13 Vb
—5
Corp
Bush
39
17
8
58
9
2
21
July 24
21% Mar 30
13
Nov
Jan
1
4,300
4
85
38% Jan
Jan
10
preferred
Burroughs Adding Mach
39
27%
55%
22 %
■<
8%
3 Ye
12%
6%
.
3%
Jun
100
Jan
7%
Oct
9,000
12% '. 12%
19
9
19%
14%
Dec
5%
*54
27%
69%
i;K
3,700
'
55
9%
12%
%
27%
109%
38%
3 VB
19%
2,708
'27%
3%
55
:
900
12'A
3%
17%
32%
*106%
27
27%
27%
3
17%
*32
109%
12
*37 Va
70
3.9
27'/a
128%
27
*106%
55
94%
126
17%
32%
*106%
12
24%
7%
*43%
4
127
17%
32 %
26%
*55
42%
7%
45 '
95
17%
300
26
Deo
30
I've
3,700
July 14
Jan
Jan
29
34
220
7%
6
IIV4 Jun
19 %
Jan
121
Apr
14% Apr
5
.Sep
11% Jun
17
2
5
66%
July
18%
2
Budd
16%
105
5
8
7%
7%
4
49% May
6
-
July^O
38% May
19% Mar
9% Jari
1
.
Briggs & Stratton
;
Bristol-Myers
Co
tBrooklyn & Queens Tr_
IBklyn-Manh Transit
Brooklyn Union Gas
1,020
'
16%,
Jan
121%
6% Jan
par
(The)
Bruns-Balke-Collender
48%
Dec
Jan
Co
Butyrus-Erie
97
8%
%
Nov
22 Va Jan
20,500
6
'
No
Jan
Dec
8
15%
15
50
16%
7%
7%
*16%
32%
X32
108 %
*68
.
//
39
36%
7%
16%
17
32
*
*41
7%
*16%
16%
55
22%
7%
5%
16
No par
lnc
2,600
117%
95
38
14%
22%
6
49
54
'•
6%
22
5%
class A
B
Stores
5,000
8
*115
95
/-T2
55%
%
"
36%
16%
7%
115
48
39
24%
*55
42%:
16%
■
95
27
20
55%
■
48%
■
70
19
%
100
96
,3
12
69
18%
24%
2,100
7%
115
6
53%
3 VB
*67%
5%
*38%
27
3
"
3%
9
27
*53%
16%
7%
14%
38%
46%
25
39%
12
7%
116
900
14%
95
*106%
55
3%
16'A
600
38%
■
46%
3%
39
*7
.
94%
11%
55
8%
'
94%
12
41
27%
-16%
7%
116
5%
17
109'/a
11%
*43%
2,308
1
46%
25%
106 %
11%
*94%
%
7%
*31%
25%
*
108%
11%
'
,%
15%
116
4%
16%
7%
*%
15%
7%
31
*41
18
14%
6%
16%
*34%
3,100
39%
*16%
30%
12
%
14%
6%
16%
8%
42
%
*38%
16%
30%
*3
39
41%
%
14%
6%
16%
*27
38%
41%
%
39%
16%
*30%
.
37%
41%
14%
46%
*39'/«
37%
.%
Brass
Bridgeport Brass Co—
Briggs Manufacturing.
2,900
41%
>.*36%
*114
94%
46
*106%.
3,300
37%
Co
Ami
&
24%
13 % Jan
par
5
1
Sep
Apr
(assented), 100
Bearing Co
5
Braniff 'Airways lnc—
2.50
Brewing Corp. of America
—15
-100
%
No
—
Boston & Maine
6,800
9
8
41% Jan
Borg-Warner
'
26%
4
27% Jan
Bower Roller
"
46%
;
9
26%
110V4Jan
5
Borden
200
43%
Co
54
17 Va
3
28
69 Vb Apr
ll3:} Nov 29
Class
600
13
*40 Va
9%
39%
5
92
6%
12%
,
'
27
26%
14%
7%
■16%
3%
41%
jr.
10
"15%
114%
4%
91%
*51
9Va
•
*36%
15%
7%
25%
9 Ye
'
114%
6%
13 V
42%
14 Va
39%
5
*16%
36V4
37
—100
—No par
No par
76
Bond
,/. 6,300
6,400
.
37%
41%
%
14%
45%
,
12%
42%
"
15%
:
*3VB
37
r
Vb
27%
.*%
%
*36%
7%
28%
36
"37
12%
43
8%
37
*40%
Va
115
v. 4%
28%
,
Jun
5
30
5
Bon
90
4,900
3%
36%
26%
26%
36%
41
13%'
15%
7%
*112
9
26
37%
%
*3 Vs
37
'
12%
25%
310
47
34
17
9% May
46% Mar
July
Nov
preferred
Bohn Aluminum
"
3%
36 Va
43%
8%
85%
47 '
35%
35 Vs
-
'
1,700
33%
/
-
'
36
25%
'
v/28%
44
85
86%
.
28%
-
35%
3%
36%
,
28 V*
.
44
.«
Nov
38
8% Jan
$ per share
20
57
7
54
par
1942
Highest
$ per share
27
23
Boeing Airplane Co
15,500
1
44 Va •.'
No
17% Sep
54% Feb
22% Jan
1
-
(Del)
Year
Lowest
S per share
13% Mar 17
par
par
Bloomingdale Brothers
—Nd par
Blumenthal & Co preferred
100
10
13%
Steel
Bliss & Laughlin Inc_.
100,
"94
13VB
__No
-
-
Blaw-Knox
8,000
•
Co
Blgeiow-Sanl Carp lnc
Black & Decker Mfg Co_
16
94
'
■
32%
12%
*%
85
•
7%
1,400
1,400
8
*14%
47
*40%
'
'
r
47
12%
8%
94
32%
43%
26
16%
No
t per share
pid $2.50 div series '38_No par
Bethlehem
500
38%
8
32%
12%
8%
116
15% ,.15%
'•
.13%
44%
46%
*40%
25%
18,000
"
32%
32%
28%
,
35
3%
36
56%
38V4
16
12%
45
86
*46
28%
Range Since January 1
Lowest
Highest
Loan—,
Foods
15%
*15%
13%
<fe
Best
8
7%
4
.
Pr
Best
"
32%
X28 %
34%
*3
8VB
7%
300
300
8,500
*16%
'
47
*31%
29%/
*35 VB
7%
'
32%
34%
86 :
47
7%
Indus
16 Va
'
16
*14%
Beneficial
1,900
34%
*115
...
38 Va
*15%
--
Range for Previous
STOCK
Par
55%
:
116%'
38
xl6
*15%
16%
*14% V15 %
.
YORK
EXCHANGE
16
16.
•
55%
38%
16%
16%
'
,
58
*56 Va
57% '•
37
37
16 VB
*7%
56%'
15%
17%
571/2
16%
,
15%
55
NEW
Shares
per share
•
17
35
14%
55
$
35
57
15
37
'
share
16%
33%
54%
the Week
"
17
*56
*115
Sales for
Dec. 10
'*
*14%
57
Friday
Dec.9
*33%
*56
2371
STOCKS
Thursday
Dec. 8
share
per
16%'"'
16%
PRICES
Wednesday
Dec. 1
share
per
16%
HIGH
Tuesday
Dec. 6
$ per share
*16%
AND
Monday
Dec. 4
COMMERCIAL & FINANCIAL CHRONICLE
Apr
63%
Jan
17%
Nov
107 V8
18%
108
Dec
Oct
Dec
18 Vb
Jan
4%
Sep
Sep
5%
5
Sep
16%
Dec
16%
Da*
Dec. 7
I per
f per share
share
$
share
$ per
$ per share
•.
*66
*80
88
*86%
13%
38
28
37%
16%
x36%
*104 Va
106%
X106
41%
•41
41
*37%
106
106
75
68%
68%
88
88
88
«
.
<
300
5% preferred
Columbian Carbon
16%
16
Va
16 Va
•
".7
800.
Columbia
*38%
39%
300
88
15%
16%
106
•
106%
*105
,■
41%
42%
12%
13%
13%
%
n
:
%
tt
78%
79%
79%
80%
24%
241/4
24%
8%
8%
*21%
22%
81
23%
24
%
;•
x79
81
7:...":,'
U
79%
•<
•'
;
105
21%'
'
2%
:
..10
*6%
6%
25%
22%
24 Va
24%
21%
21%
102%- 102%
102%
102%
102%
2%
2%
102%
2%
*16%
16%
16%
*6%
.6%
6%
25%
26%
-2%
:
47%
6V2
26%
•
/ 27
18%
10%
10%
14%
14%
14%
14%
14%
*46 Va
47%
103
19%
19%
20
20%
8%
8%
8%
8%
8%
8
*109
31%
32
.11%
11%
11 Va
44
44%
44
'
;•f'
:
*11%
*10%
.10%
*49%
50%
14%
14%
54
14%.
43%
102
8
•<->
1%
20%
20%
20%
15%
15%7.
44
43%
44
82
.
34
t;
Dec .10
21% July
July .20
Dec
10%
Jun
aa
Oct
Jan
•'•
44 Va
Jan
233/4
Jan
3%
-
.
54%
55
-'77...
.*174%
176
55
54%
•.
4%
1%
107
'-/r:'.
16%
16%
16%
17
29
29
28%
28%
27%
44%
46
-
45%
46
15%
15%
15%
15%
15%
*95 %
96
95%
95%
*95%
28%
29
70
70
15
15
15
15%
95%
95%
95%
95%
95%
95%
27%
28
28
29
28%
29%
68
69%
*68
70
*68.
70
*16%,
17
10%
:
11
15%
16%
16%
16%
10
10%
10%
10%
*113%
115%
*113%
115%
*113%
*103
108
*103%
108
*
22%
*113%
105%
*103
24%
24%
24%
22 %
22%
22%
22%
*22%
*103
108%
5%
115%
*103%
24%
;
5%
5%
'5
5%
93%
Jan
42
96
96
42
,
95
42
42
42 Va
42%
5%
15
15%
15
15%
15%
15%
••'■
*110
125
*110
nco
*130
150
*130
150
20
19%
13%
19%
6
,109
:
11
f
8
li;
24
.
Jan
1
Aug 11
Dec
47
£
5
110% Sep
3
Jan
'
Oct
4 26% Jan
7
36% Jun
Jan
2
7
15% Jun
40% Jan
;
8%
Jan
9
r
;
Nov
-
96%
May
11% July
2% Apr
:
Apr
\
21%
24
7
Jan
9
77
2
6
96
Jan
% Nov
Apr
.82
7
11% Jun
,
Jan
Nov
'
Jun
3% July
43^ Jan
.
•
23% Jun
Jan
7%
16%
94
.
9
Oct .25
.107
6
16
%
7
16% May 10
v
x4% Jan
t.
Apr
Apr
27
16
16
89
par
Sep
.11%
,78
27'/4 Mar 30
29
4% Jan
33%Jun
•:
i
21.% Mar ,29
17% Nov
Jan
A
Feb
1% Jan
Sep
29% Oct
9% Nov 29.
7
1
19V» May 12
V
10
Apr
Dec
97%
'
3% May 12
,
11
18
,
7
.
July ,24
Dec
12%
83
24% July 15
,105
18%.
9% Aug
2
bep
6% Apr
+ •.
% Jan
.
Apr
5%
Jan
"<■ 163/4
Oct
5
Dec
103%
Jan
5%
15%''
15%
125
*130
20%
20%
20%
Sugar.
Co——
Inc
Press
...—
Jan
15
18% Jan
12
.
/ 31
4
Dec
20%
Nov
32
41
Oct
2
Oct
26
6
Mar,
10
77
12%
Sep
May
88%
Jan
39%
Nov
84
Nov
Jun
63
82% July 20
22% Aug 11
9
11
5
Jun
Nov
15
88
Jun
74%
115
Feb
1
92% Mar 20
Jan
-.13%
8% Jun
14% Jun
7
Jan
Apr
23% May
July 15
38
Dec
9%
141/4 May
27
99"% Aug
2
17
Nov 30
Dec
Nov
<
5% May ;
17
-
14%
98%
:i6%
;
12% Jan
47
6
11% Jan
Oct
Nov
% NOV
'/y
Apr
Jun
Oct
3%
Apr
10%
23 % July 27
37% Jan
,
85
22% July 14
23% Mar 12
9
V/
Jan
Jun
140
;
106'A Jun
10
95%
Dec
4
25% Oct
26
83/4 May
13%
Jan
Jan
8
26% Jun
10
13
Mar
19%
Jan-
8
Oct
19
90
Feb
IIIII—1-5
18
—100
100
No
1% Jan
par
par
No
,107
7% May 10
2
30% Jan
97% Nov
3
2
45% Sep
10
9% Apr
14% Nov 30
"pfdZZ— ioo
96
Feb
84
Feb
15% Jan
4
3% Jan
5
Jun
2
Oct
32%
.
Nov
20%
;!
Oct
9 %
Jan
25%
•
Jan
12%
7% Oct
>
Oct
81
Nov
Jun
•44
29
95
Jan
80
28
26% Jun
>
Sep
Dec
100
Jan
8
140% Oct
10
No par
5% May
18
119% Nov
26
—No par
.
Jun
12
24% Mar,29
...
Jan
i>! Jan
13% May
8
1
—
v
17
5V2 Dec
par
2
Jan
17
'
A——_—_.
Cutler-Hammer Inc
3,900
•
2
Dec
58
179
j
JE
Nov
10% Jan
No
:—
Dec
/
Apr
2'/2 May 22
4
7% Jan
Jan
37%
}■
Apr
2% May
-
May,17
108% Aug 19
_1U0
(The)—a-
pref en ed-
6
2
105
51%
Mar
42'A Apr
5
9% Jan
Jan
159
Jan
x65
I 12%
23%
7
,
14 % Jan
9
Nov
j
45
Apr
16% Jan
4-100
4%preferred.^-^-
$8
:
,
21%
8% Apr
5
95
:
10
4-
„•
Cushman's Sons Inc 1%
'
20%:
Packing
Class
17,700
150
>
20%
■
.
7
UJan
.rl
100
Prior preferred
—U
Curtiss-Wright ———.
1.400
*110
-
A pi
■
V 61% May 21
186% Sep
2
2% Jan-2
100
—
$7 preferred———
•
40,500
150
8
81% Jan
preferred-
6%
Curtis Pub Co
1,070
V--..
125
20
Dec
173
Dec
;
Aug 24
17% Aug 20
27% Nov
5%% 'conv preferred-
Cuneo
20,600-
:
53% Jan
,
.t-
4%
27%
Apr
50%
2
53
r
3
2
Jan
;
Apv
47
6
Jan
13% Dec
Jan
Dec
'
2% Ma>
6
17
>15
Dec
8%
Ap"
27% July
/
28%
V '2%
5% Sep
30%
37% July 15
37
;
par
No
preferred
Cudahy
100
5%r:
43
43
■
15%
14%
7 %
.
45
,
—No par
Anier..
"
2,700
"■
KR
Cuban-American
8,600
"
*130
-
-
Cuoa
620.
Steel of
preferred———
5%
600
i;
92%
v
Crucible
,
6 Va
X92%
6%
<
(The).,,—2
$5 conv preferred—..
,
108 Va'
*102
97
43%
:.
••'.
23%'"?
*23
•
Corp
7
Crown
•
•
•
1
1
u—_—25
100
preferred,
8
.2
x9% Jan
—No par
28
7'/4 May
8
4 Vb
4
.
49 % Sep 2C
j
Jan
25% Jan
18% Jan
>
$2.25. preferred-^.— —-u„„No par
5
Zelierbach Corp_
,
.
7,700
,
7
17
24%'-
7
■
—No par
;
24%
5% 7 5%
125
150
Jan
.
20
ICo—
conv
Crown Cork
120
*110
125
*130
19%
>
5%
15%
*110
150
13%
>•?
108 Va
43
125
23
2% Feb
A; Seal
.'7;
96
105 VaL
24
95
I*;
5%
*110
24% Nov
.——No par
1,000:
..
*103
V,
:
.
'7: ."7
io%
7
ii6% 7:7;
24%
*102
43
5%
5%
5%
5%
5%
2
7% Jan
Crosley Corp (The)
1,700
-
*113%
105 Va
*22%
5% :»
93%
r
24% Nov
1,200
28%
10%
116 Va
i
24%
108% •>'''•
5%
5%
*103
24
94
s
Apr
,
3,800.
'
69
17
5%
2,800
69
V
11%
*113%
"
24%
93 %
/'
1
Va'
17
10%
115%
,105%
*103
108%
*103
108%
;
"69
17
69%
.
11%
10%
24
22%
*92%
:
Jun
12%
7.
Cream of Wheat Corp
15%.'77
28
28%:
28
v
*16%..17
Crane
«
V
150
46 % 7
*45%
46
15%
15%
1%
5
5
Inc
Can
Coty lnternat
,
9,000
•
28%< 7 :
27%
.;•<
46
*45
Apr
12
Jun
90
__„]00
;
lnc__„_,
Coty
■i
400
7
7..V7-,-;
"17
16%
16
28
7
1,300
*•
20 Va1'
20%
20 Va
20%
106
106
730;
;
19%'
19%
5
107
15%
44%
17%
Jun
25
.10% Jan
Copperweld Steel COk.,,,^
—5
C.onv. pref 5%
series,,
,,_50
Electric. Corp^___l
Corn Exch Bank Trust Co—_^_:_20
Corn Products Refh4ng_,y_.—,__25
i; Preferred
100
2,200:
•
1%'.:
*1%
1.%
•19%
27%
27%
27
.11
7
Cornell-Duuilier
3,800
•
330.
4%<
4%
■
19%
107
20
v
174
4%
4%
1%
19%
2
—50
Continental Steel Corp,
ioo
":•! V 7.
15%
15%
45%
19 Vb
Jan
71/4 May
13
Continental Diamond Fibre,,,
51
*50
15%
174
19%
20 Va
■.*.
27%
*
20%
:
July 14
1 % May 10
<2% Jan
Co__j___No par
preferred
8%
Continental
3,0007
10%'
10%
10%
;'7:
25%-7
15%
%
173 >
107
*23%
51
v.,.'.'-
43%
19%
106%
1
v
2,400
30%
30%
25%
*50
5
4%
5
30%
10%
V>
,iUl:.n%
1%
106%
*44%.
15%
1
16
17% Jan
5
^Continental Insurance^,,.—,_$2.50
2,000
Continental
Motors
—1
16,600.
Continental Oil of Del
5
18,900
:
%«■••'•
45
45%
44%
*23%
55
»
100
11,500
11%:
44%
15 %
*4%.
i'
34%7
11%
*44
19
18%
106%
*27
-
f 44-Va Jun
«
11%
10%
173"
106%
15%
5%
■
11%
'25%
51
Continental Baking
7
<77
109
109
'
'
41%
15
21% Jan
Corp of America^—t—20
Container
5,800.
8%
8%
v
;■
4%
> 44
4%
4%
19%'
.
106
*103
Nov
5.
—
1,500.
7
34%
30%
55
..
174
1%
*1%
19%
1%
.
105%
■
5
15%
43%
4%
4%
19%
22%
Oct
Apr
.3 % Dec
$4.50 pfd—No
Pow
Consumers
740.
«
20%.
20%
Cuba 6%
preferred
$2.50
200;
34%
31
*50
54%
174
173%
173%
4%;
1%
18%
*22%
35
91 '/a
2
—10
pi'd—_100
—25
_______
ol
Consolidation Coal Co.
1,200
34
45%
10%
;
43%.
54%
,
*
15%
Jan
20
2
:
Vuitee Aircralt—,,—J
Preferred
Consol .RR
1,600
>
•
■■■•
'4%
*23V2
25%
54 Va
44%
•
••
•
30%
10%
54
20
Oct
24
107% Sep
15 % Jan
Consolidated
14%
102
'
'•
110%
v
30%
50%
44
173%
>
4%-
4%
10%
43%
20
11%
19
33% Jan
Laundries Corp-^
5
Consolidated Natural Gas wd_^—15
47
20%
8%
11%
45
45%
44
*49%
*53%
10 i
Dec
5% Jan
"
Dec
2
Consol
2,600
*46
102%
•
*109
>V
34
11%
*98
14%
•4%
84%
29%
91% Jan
25,800;
.
10%;
14%
14%
47
preferred,—
$2 partlc
2,100
2,700:
18
10%
20
110%
33%
11%
25%
14%
*170
17%
8%
,*109
7'
33%
30%
10%
*14
32%
30
*23%
50% -v
*49%
V-:'.v
32%
4%.
30
25
■
v
4i/2
r
30'/a
25
10%
10%
.
4%
29%
110%
*109
110%
110%
10%
103
102%
103
-
4%
Jan
Mar
Jan
par
11,900
10%
Xl01'%
103%
19%
11%
Jan
45%
51
Juiy 9
44
.No par
y-i
No par
;.y
1,900
27%"'
18%
46%
>
47
*46 %'
47%
>•
*14%
19%
,
54
Sep
16%
3% Jan
Corp_,,_^^—5 7
of N Y__—No
Edison
$5 preferred
Consol :Film industries
1,900.,
■
10%
9%
18%
10%
10
19%
*43 %
..
Sep
Sep
7
9% Jan
i
2% Nov
30%
29
<
18
Jun
29% Jan
par
Oct
41
11
14
,
Consol
7
6%i
10%'.
io%
19%
10%
102
17-
26%
-
50
Consol iCoppermines
-
6%
.
7
14,600:
18
9%
*18%
9%
27
23%
,
102%
31%
19% July 14
104% Jan
Congoleum-Nairn Inc,_-,^__No par
Consolidated Cigar
par
;
6.Va %
prior prelerfed_.
—,-100
,
33,600
7.
2%' V-r;
*16%
•
.V.V
■
102%
"
10%
*46 %
■
6%
:>
4,000
V,\t.
21% V
2%<
2%
16%
6%
19%
•.
.
16%
'•17
19
14%
*109
7
Jan
25% Jan
No par
Conde Nast Pub Inc_,
2,800:
,
3 %:
3%
21%
••
102%
>
98% July 15
30% Jan
—25
Commonwealth Edison Co,
700
<'.
105
105
3%
3%
10%
14%
,
24%! .<
21%
2%
V
3% V"
23 '
24%
105%
*105
*;
105 v2
18%
U
"8
13
9
^«-,_^-lVo par
$6 preferred series
115,200.
22%
7-
-3%
10%
10%
18%
10%
■
par
Commonwealth & Southern__No
f
.8,300
.77
8%i
21%
10
9%
17%
*46
V
102%
26 V8
25%
22%
24%
*105
-
3%
21%
•
6%
6%
25%
105
3%
21 Va
16%
16
8%
8%
23%
24
•
2%
2%
23%
104%
::
■
8%
8%
23
22%
102%
16
*14%
22%
3%
102%
,
£2%
21%
2%
102%
102%
18,600
-
24
23%
"8%
,
105-
3%
21
21%
8%
24
105
'
-
-24%
24
.24%
.; <i v 8%.
/d
o
22%'
23%
3%
3%
•!W
22'
23%
*104%
47,300
82. ;• ;
77% Sep 28
'
'
'
23%
%
80%
:.
12,700:
14%'. / •:' y
ir-7,.. V,
13%
>.
2
2
_y_.No par
Plctures__„».
2
1
2
73
Highest
t per share
$ per share
share
per
5 % Jun
Jan
37
:4V»% conv preferred
:.
.-100
Comm'l Invest Trust.
>„Nc par
Commercial Solvents^-^—_„JVo par
200
43%'
:>•'' 42%
14%
;
-
,
$2.75
7,700
■
'
No
Co_^_
$
share
79% Jan
..100
~100
preferred series A_
6%
i
350
.
38%
42%
1,800
.
106%
13%
1*7
79%
24%
80%
24%
%
U
38
*105
x41%
43%
14%
42%
13%
38%
*105
:
'<■
106%
38%'
38%
38
39%
*38%
39%
*37%
37%
*1.6
'.
Lowest
1% Jan
preferred_y_,>_____„JVo par
Commeielal Credit„y-;
1
_10
88
88
41%
'
%
74
67%
39
31 VB
'37%
12%
13%
*12%
75
67%
15%
15%
*.T%
37 W
4 Va
74%
67%
88
*87
88
16%
lew
4%
74%
67
per
1042
Year
1
Highest
40% Jail
No par
Elec
Gas &
Columbia
39,100
4%
68
67%
68 %
68 %
68%
4%
S
Par
73%
4%
72%
73%
Lowest
73
4
4%
"
73
72%
Since January
Range
STOCK
YORK
EXCHANGE
Shares
4%
4 Va
■
4
4
3%
72%
NEW
the Week
per share
i
per share
Sales
Dec. 10
Dec. 9
Dec. 8
for
FrJda*
Thursday
Tuesday
Dec. 6
Dec. 4
Range for Previous
STOCKS
HIGH SALE PRICES
Wednesday
AND
LOW
Monday
Saturday
Monday, December 13, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
2372
18
Oct
D
*6'%
12%
36%
13%
*45
15%
'
*30%
31%
*39%
40%
5%
48%
19%
*45
'
28
*45V2
28%
28%
30%
31
*30%
30%
*30%
30%
*40%
31
*40%
41%
41%
40%
40%
11%
11%
12%
-29%
29%
29%
•
99%
14
14
*14
42%
43
*98
99%
30%
30
-
7%
7%
*11%
*118
140%
139%
12
122
*11%
12
122
12
*118
140%
127%
124%
V 29%
29%
X28%
7%
7%
7%
7%
12%
12%
xl2%
122
*118
122
139%
140%
140%
124
124
124%
124%
115%
116
115%
116
*116
.
30%
30% 7
40%:'
Devoe
;
14Va'
7
43
-
: y,;
141%
32% 7
24%
9,400.
Va
47
8%.
9
*12
12%
125 %
125%- 125%
116%-
116 V4
142V4
7
116%
-
6,100
350
lOJ4*
11 Va
10%
11%
11
11%
5,300
36
36%
35%
35%
35%
36%
3,900
6%
6 Va
6 Va
6%
6%
153%
152%
*177%
155
.
•
181
*177%
181
*178
181
156
158
39%
39%
<39%
39%
39%
39%
39%
40%
40 %
17%
*17%
17%
17%
17%'
17%.
17%
18
18
37
37
37%
x37%
37%
37%
377/a
37%
40%'
40%
17%
37%
37
9 Va
3%
3%
4%
9%
9%
9%
3%
3%
3%
4%
4%
4Va
89%
88%
86
86%
*84%
85%
85
85
36%
36%
36%
36%
36%
37
31
28%
28%
28%
28%
57 Va
57 Va
*56%
106%
107
7%
86%
*106%
7%
87
7%
81%
88
88
90
>90
93
*91
%
For
106%
-7%
7%
28%
28%
*56%
58
8%
8 Va
88%
90%
90
91
96
92
92
raee
2379.
%
Va
-
28
107 %
8
:
107%
107.%
'
1,300
100
58
840
107%
8%
8
8Va
28
90%
91
27,400
92'%
'
«
Ji
%
13
,2
146% Jan 20
Xl73,
Sep
2
par
_J 00
35
_4
J11% Feb"
4-5
30% J°n
8% Nov 30
—3
43/4 Jan
4
4
1 '/4 Jan
5
20
20
£i
Paso
Endicott:
5%
Natural
■
—3
j
preferred
Engineers
Public
$5 preferred
93
159
$6 preferred
tEquitable
23 % -Ta n
49V2 Jan
;—___:____No
Office
—
Bldg
•
.IOC.V4 Dec
2% Jan
Service
$5V2 preferred
93
33% Jan
—50
-.100
Gas
Johnson Corp
840
1,600
8
4
28% Jan
570
n
Jan 19
£
31V4 Jan
■
-is
'A Jan
3% Jan
—No par
Nn par
Electric Storage Battery^—No par
1
■
9%Nov 30
31
"i
—No par
91
92%
122% Oct
preferred
88 V2
P°%
8r %
90%
13% Apr
.5a preferred-—
*90
89
4
24
5
1
115% Dec
7
•
*56%
Jan
9
115.Jun
.*5
Am shares
85
28
Jun
2%
8 V
par
No par
No par
No par
54
Jan
57% Jan
62 % Jan
V4 Jan
2
7
5
2
2
Dec
70%
Oct
134 Va
Dec
-
163/4
Feb
112
1023/4 May
120
>
Apr
111% Mar
10%
120
144
Dec
Oct
7
Jan
121% Sep
Dec
163/4
Apr
8
29
11
Dec
26
13 Vb Mar
1
93/4 July 16
Aug
Electric Powpr & Light
$7
Apr
July.15
Boat
Mus Ind
95
May'
130
(The),i
1,200
58
S®
Autc-Ltte
May
159 Va
Co^>
6,300.
2,500
153
i 35%
51
May 28
: 73%
Dec
'
Apr
Dec
—No
3,000
: 1
30
Feb
29:
Apr
■8
Jan
Co
73/4 July
16%
11
4
124
preferred-
85%
*56%
Iff
Electric
39
20
25% Sep
93/4
32»/4 May
May 20
33
134
Mills
88%
38%
18
8
5
;
100
—
84%
28
,2
20
Jan
5V4 Jan
1st pfd_:—100
88
x?8
i
4,000
2
16'A July. 15
45
July 12
; 39 Va Aug
Jan
70
99% Dec
'
-No par
89 %:
28%
r
37%..
26
& Co_4—20
Edison Bros Stores Inc_^._j
Elec &
37%
Nov
U6
y___No par
(E I)
Eaton Manufacturing
Electric
93
*92
3.000
700
4%
35% Oct
122V4 Nov 26
'
Kodak
cum
4,300
58
8%
Eastman
6,100
4%
Feb.
4—1
111c
Rolling
Eastern
3%'.
4%
Nov
Jan
44
Lead Co.
Airlines
1,400
9%"
89
89
u
3 %
*83%
.
107%
107
107
90
%
see
103%
88
88
%
fontno+ns
28%
*56%
58
37
tttotei
9%
89
85%
85
Nemours
Eagle-Picfier
3%
4%
4%
89
Dec
87
17
■
___No par
preierred
Duquesne Light 5%
9%
-
89%
4%
91
37
■i 22 %
10
No par
—;
International
de
!
17
9%
16% Mar
,15% Jan
$4;5U
6%
40%:
May 10
63/4 Aug
22% Feb
preferred.^—____
Du P
3%
3%
90%
90
xl7
33V4 Apr
—No par
Corp.—,
9
9%
3%
4%
4%
90
9%
3%
9Va
9 Va
Duplan
181
,
15
No par
Mfg Co
1,500
6
*178
155 %
155
155%
6
6Va-
x6
6%
42'/a Nov
•
V'700:
117
6
38%
No par
Jan
Jan
13
Dow Chemical Co_
!
145
122
*116
600
?
83% Jan
—
271/4
18
8
Mines Ltd
Dome
Apr
8
20
—No par
Jan
.
35% July 12
8% Jan
A
21
33% Mar
21% Jan
Class
37
Jan
6,
preferred———:.—100
Cup Co_
——.:_No par:
an
122
*116
'
■
Oct
Oct
-
7
—2
'
12% f
9
11
180
:
48% Apr 30
i
"
Jan
Corp-Seagr'S Ltd——No. par
Dresser
35%
153
Match.
1
"
Apr
37"
22% July 14
12
Jan
2% May
14%
Dec
14
,17% Jan
_y_No par
Reynolds A
Dunhlll
10%
152
Jan
Map
40
5
10 "4
Apr
7
10% Mav 10
16% Jan
20
i——
i—
17% May
2
37
9,700
34%
f
Oct
Jan
2
2
No par
2,400.
10%
'*177
4%
Jan
3% Jan
9%
20% May 19
26
28% 7
*28
35%
180
U3/b
18%
43
8% Jan
_50
Western
Douglas Aircraft
2,800
126
125
29%
•
12,400
48% !
10%
152%
Nov
——10
Hudson—.—4-100
12
13%
Doehler Die Casting Co
23
128
142%'
160:
2.400
34%
152%
20
!
partlc preferred-———25
6%
'Dixie
300
32% '
7
122
*116
141%
v
10%
*176%
&
Diamond
500
34%
6%
Nov
Edison.
Detiolt
300
40%
10%
*6
Dec
30 Va
Lack &
Delaware
650
*33%
•,
27%
25% May
Detroit Hillsdale & S W RR Co—100
'
14%
116%
125%
124%
115%
■
8,500;
28
23 %j
48%
12%
7%
Apr
-1
Deisel-Wemmer-Gilbert
19%'
*42
32
47
7%
181/2
36% Juiy
——
JDelaware &
16,600»
28
14
32
-•
48%
7%
8.200
5%'
:
Preferred
y
100
1
18
'
32%
127
600
i
43
22%
29%
6
5
7 99%
r
*42
47%
127
Apr
July
Jan
5%
21%
28%
4%
12
29
100
47%
-
20
11
Jan
99
22
'127
Jan
Jan
No
99
45%
28%
20
Jan
110
26
108%
100
pfd_
Co
Diamond T Motor Car Co—
21%
125
24% Sep
Apr
10
&
Distil
47
28%
Mar
7,800
21%
125
102
5,800
45%
28%
8
14
21%
126
Jun
29%.7'.
22%
28 %
116
13%
45%
-
Nov
29
22
21%
Oct
(The)——1
12 3/$
13%
14
.
43
317a
17%
Aug
29%
*98
14%
42%
31%
:
99 Va
*98
14%
43
1
43
Jan
8
12%
29%
■>>
15Va
5
Records Inc
Deere
50
■'
3
Jun
19
1
Decca
•*45%
•
Mar
19
./
par
1.100
11,200
14% '
19
19%
50
9
2
28%
13%
29%
5%
,
">2%
Jan
Jan
Dayton Pow & Lt 4%%
'
'
5%
28%
29%
*98
115%
19%
48%
28%
28%
40%
*14
*123%
5%
19%
Corp
39%-
14%
■
5%
5%
*45
11%'
14%
140
-
*16%
17%
Chemical
Davison
23
33%'
*33
14%.
19%
5%
19%
50
29%'
43
*118
.
33%
33%
14%
15
11%
99%
•
14%
29%
*42%
'124%
*17%
■14%
29 1
40%
*14
*98
45%
X17%
17%
14%
29%
*29%
29%
17%
*17%
11%
*11%
'
*32%
3,700
13%;
Dec
4
4
17
12
preferred
*5%
7
111
*22%
38%
38
33
5%
*30%
'
23
33
19%
29
29
111
33%
:
13%
...
*110
-
"
33
17%
*45
48%
•
*28%
13%
*22%
22%
38%
5%
>'
•
37
19%
5%
5%
19 W
*110
111
22%
36%
14%
13%
.;
*110
36%
*17
17%
*17%
13%
<•
22%
24
—5
—25
Davega Stores Corp
100
67/a *.
<
13%
13%
6%
*18
24
*18
33%
*33
33%
33%
20%
12%
12%
-7
7%
*6%
7%
24
*18
36%
36%
36%
•
24
111
*110
20%
20%
*6%
7%
:
12%
111
*110
20%
20%
*6%
*18
12%
12%
111
*110
24
*18
24
12%
>
>">
7%
*6%
7
.
,*18
Nov
July
i
Jan
127
Nov
118%
Dec
11% Nov 22
44 *8
July
163/4
8
8%.May 28
•*
34
Apr
21/4 Jan
170
May 19
108
Apr
184
Jun
8
170
Mar
453/8 July 15
26
Dei
'". 4%
Nov
151%
Dec
180
Nov
May
36%
Dec
20
2
11
Oct
15
Jan
20%
Jan
303/4
Dec
Mar 30
9%
Dec
13%
Jan
10
63/4 May 20
4
19
-
Sep
39 Vb July
11,
5 % M<tv
17 %
Nov
19
88 V2 Nov
19
15
42% Sep
20
29
92
9
X32
1%
Nov
Jan
1%
Nov
Apr
351/4
Jan
Feb
Apr
32 3/4
Jan
•
Jan
34%
Nov
19%
Apr
263/8
Feb
49%
Dec
58% July .17
393/4
Apr
Aug 21
1073/a
Feb
9% Sep 30
IV4
Apr
118
92
Sep
92% Sep
95
Nov
1 % Mar
27
27
10
I
:
3 V8
Apr
40
46"
47%
Je
Oct
112
73
Apr
Jan
;66
July
83
Dec
Jan
Jan
Jan
3/a
Oct
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4237
158
RECORD
NEW YORK STOCK
LOW
Saturday
9%
*
75 %
82
*76'/2
82
6%
6%
6%
*10%
10%
10%
10%
4,800
Evans
21
21 'A
21%
22 T
22
22%
X21 Va
21%
21'A
21%
3,600
Ex-Cell-O
2%
*2%
2%
*2%
2%
100
33%
33%
22%
22%
2%
32
;
32%
32%
32%
33%
33%
33%
34
21%
21%
21%
22.
22%
22%
22 Va
22%
9%
10%
9%
9Va
19%
17
*16%
17
17
4%.
4%
'■
22%
22
4%
4%
4%
16
45
45%
45%
37%
105
37%
38
38%
38%
38%
19
*105
.V 107
*105
35
35
26
,
26
5%
5%
*11%
12%
*48.
49
15%
14%
*116%
117
19%
*19%
21
19%
12%
12%
13
59
59
68
*58
*31
31%
31%
26
.
*58
*26%
2%
2%
*2%
2%
*2%
3%
3%
3%
3%
3%
■
*12%
13 %
13
13
22%
22%
23
13%
13%
40%
40%
7%
7%
23%
4%
4%
13%
145
79%
79%
6%
80%
27
36
35%
36%
40
40
40
40%
40%
115%
115%
115%
2%
2%
145
*142%
35%
2%
*142%' 145
2%
•
115
115
*113
102
*101
102
26%
*115'A
145
*142%
1
187/u
6%
116
130%
113%
102
2%
'■:
*130%
101%
1
>
1
:J
■":
50%
50%
35 .V
18%
6%
4%
*104
105
105%
1%
1%
1%
1%
20%
20
■
*110%
113
*110%
;
; ■:
,.
19
::■■:■
7
i%
-
20% >'*
2u%
20%
*110%
113
i%
*13%
14'a
14%
80%
80%
81
82%
*43'A
46
21
20 %
14'%
14%
83 A
14%
14%
14%
84%
84%
84%
21%
21%
21%
18%
18%
*18%
•'■ ;
21%
21'A
*17%
18%
,
21%
*17%
18%
7%
7%
12
82%
83%
83%
83%
*46
47
*46
1
.'■:
.
17%
18
2%
84%
85%
39
39%
86
102%
103
*102
102%
.
-v
i
1,000
i9%
7 A
3,900
Gen Precision
1,100
General
'
41
41%
2%
2%
85%
-
97
97
36%
36%
35%
1 Va
1%
2%
103
103
8%
8%
8%
8%
*99%
100%
*99%
41%
•>:
*97%
97
36%
37%
V
1%
8,700
10
•
9%
10
*33%
34
*24
24%
'
86'A
1,660
Gen
21'A
-1,900
X21'A
*18%'
*111%
*99%
*68
100
83
18%
900
83
18%
18%
*
45 'A
>
47
2%
1%
1,500
41%
41%:
42
11,900
97'% "97%
98%
8%
100%
*99%
1%
1%
1 %
1%
l'A
3%
4'A
3%
4
10 Va
15%
15
10%
*9%
15%
10%
10'A
10'A
,15'A
Graham-Paige Motors—
4,000
Granby Consol M S & P—
Grand Union CO——
300
'
10'A
1,900
Granite City
1,000
Grant
2,800
Great Nor Iron
33%
*33%
34
33%
33%
33%
33%
33%
33%
24%
*24%"
24%
*24%
24 y2
*24 y4
24'%
*24'A
24%
14%
14
14
14%
14%
14 y4
14%
14%
14%
23 r«
23%
23%
24
23%
24
24'A
247A
24%
24%
24'A
25
12,700
">
58%
*43
45
■
*57
58%
*57
58%
44
44
*44
44'%
44%
19%
*57
19%
23%
151
151
151
151
*149
23%
23%
23%'
23%
23%
20%
20
20%
20%
11
*57
'
20
*151
23%
23%
24
154
*57%,
46'A
46%
46 %
*46
21'A
X20'A
20%
11%
11%,
11
11%
11'A
11'A
11%
xll%
11%
11% "■11%
11'A
11%
11%
12'A
xll%
3%
3%
3%
3%
3%
•3%
3%
*3%
*126
6
131%
130
130
129
129
129
6
*3y2
133
134
,♦130
600
22,300
11%
11%
11%
'•
46%
20%
11%
-3%
12%
3%
3%
*130
6
6%
6V8
,
6'A
6%
6%
6 'A
6%
6'A
34
34
34%
44%'
45
45%
44 7A
35%;
2,400
5,900
:
1,500
210
134
6%:
45
36%
•36
36%
45
34%' -35
44%
preferred
Ore
Prop—No par
pfd—No par
Western Sugar—
45%
45%
36'A
West RR
-100
Green (H L) Co Inc
.1
Greyhound Corp (The)
No par
i.' 5'/2% preferred—
.——10
Grumman Aircraft Corp—
—1
Guantanamo Sugar—
—No par
8% preferred;
100
Gulf Mobile & Ohio RR
8,000
45
45%
3,900
*5
12,300
Gulf
36%
46
No par
100
'
'
33
10
-20
Co
Preferred
'
%
1
5
No par
No par
Green Bay &
58%
20'A
11%
11
'
Great
60
58%
Steel——
(W T)
Great Northern Ry 6%
2,300
152'/2
*57%
58%
5%
152%
23%
23%
151
,
2
>
preferred
Oil
;
Corp
No par
No n»*
25
% May
61
21
64%
87
Oct
131%
Feb
Jan
44%
Dec
122
Apr
13% Aug
1% May
10%
101
4
July
July
24'% Jun
July
12
11
,
14:
Jan
20
Jan
16%
May
Feb
79%
Jun
Dec
Jan
15%
Dec
3
Jan
5'/a
Nov
9'A May 10
4
Apr
50
May
12% Sep
37% Jan
110
%
6
6
,
Nov
5%*
65%
Oct
Feb
il
Jan
2%
Jan
Nov
82
Feb
45% Sep
20
13
Jan
27
Dec
Oct
25
56
Jan
83%
Dec
102
Jan
11
Jan
27
60%
Jan
90'A
Dec
1%
Jan
4%
Nov
10'A
.
x58
Jan
81% Dec
1% Nov
7
4
Sep
5%
July 13
6
Mar
8%
13% May 29
6
Apr
6% Apr
17
7% Jan
37
29% Feb
27
Nov 27
21% Jan
7
23'A Nov
19
Sep
Dec
A SeP
2% May 10
Jan
Jan
44
73
97'A Aug 25
9% Apr 29
100
Nov
5
3% Dec
Jan
16
Jun
1% July
Feb
61
*40% Mar
41% July 17
II Jan
10
7%
108 % July 14
24'A Jan
Nov
19'A Jan
28
8
'14
31%
% May
Sep
9
8
Mar
101%
11
80
Oct
8
Jan
4'A
Jun
13% Mar
10
90% Jan
25% Jan
Nov
%
55'A
23% May 29
112
14%
107%
8
9
Jan
Apr
14% Apr
9
Jan
%
Apr
V* Mar
23
17
5%
Jan
4
Sep
Jan
14% Nov
A
25'% May 20
59
Jan
3%
109% May
2'% May 10
23% Mar
July
30
10% Mar
8
13
1% Jun
128
3% Sep
99% Aug
24% May 29
Nov
Jan
Apr
6Va July 23
8'A Jun
116% July
1% Jan
102.
30
6
1% May
24% Jan
Nov
Apr
18
3% May
13
Feb
21'% Nov
132
122
July 23
July 13
Nov
Mar
22% July 16
48
Jun 22
Jan
Jan
111'A Apr
May 20
14'A Sep 17
4
it Jan
83
Apr
85% Oct
73% Sep
~
Oct
Jan
90'A
120
74
Jan
41
Dec
3%
9%
66% Nov
16% Apr
1
25% Jun
14% Jan
No par
No par >.'■
100
Hosiery——:
9,200
14%
14
60% Jan
100
No par
Gotham
33%
4
4% Jan
preferred————No par
No par
5%
15'A
10
10'A
1
(B F)
*14'/2
'
50
1
Goodyear Tire & Rubb$5 conv preferred
*24%
151
4'/2%
Preferred
•
4
Jan
14% Jan
No par
(The)-.
4,800
l'A
4
4
15% Jan
preferred—————No par
conv
100%
4
16'A Jan
108
4%
Sep
6
91
Jan
1,800
8%
2
Jan
Goodrich Co
11,900
103
103
Jan
60
Dec
Sep
6%
23
Nov
15
2
5
Co
600
37%
37
37%
5
59
Gold & Stock Telegraph Co
160
28
9% Jan
-100
preferred
Gobel
(Adolf)
tGoebel Brewing Co—
7,400
85
$6
4
—No par
■r
100
85
conv
Glidden
4,400
2%
l'A
l'A
2%
$5
f
2% July
112'% July 15
9
15% Jan
Co—
5
Razor—No par
preferred
No par
Glmbel Brothers—
3,600
Mar
% Jan
31% Jan
-No par
& Rubber
Tire
2
12% Jan
X104
/■:'■:
Telephone Corp—
20
Instru Corp
—No par
General
12%
8%
15
No par
100
1
-No par
Nov
Oct
112
2
,
Gillette Safety
70
11%"
12%
*99%
100%
5
Feb
5%
Jan
131'A May
-
2
No par
preferred.—.——
3,900
7%;
7%
14
23%
25
46%
140
30%
39
4% Jan
Time
2,500
20%
20
1%
*14%
Gen
6%
14
151
13% Jan
Jan
40%
56
7
103% Jan
">
& Jan
Dec
104
Apr
107% Sep
2
—1
Steel Cast $6 preferred—No par
General
100
19
113
4
15%
,
2'A Jan
Feb
7% Nov
.
Apr
137
7
par
Oct
53
21%
2% Apr
19
17% Jan
General Shoe Corp
1%
.4 A'
*14%
■15%
125 7/a Nov
par
General Refractories
4
1%
1%
4
4%
;•
-10
par
No
Jan
10'A
x23%
118
14
44% Jan
Jan
3%
1
119% Sep
9
128% Nov'30
100
Sep
44'% July 15
July 28
83% Jan
—No par
—10c
9,600
8%
100%
1% Aug
i
Jan
21
Sep
Apr
Nov
2%
Jan
.2
3
39% July
13
113'% Jan 22
93
>
3%
4
Nov
148
Jan
34
—No par
preferred
Gen Realty & Utilities.
$6 pref opt dlv series
<
35
5
32'/a May
20 % Jan
Mar
106
Aug 23
9'A Jun
30% Jan
Railway Signal—
1,200
103
103
103
3
130% Jan
—
83%
46%
2
100
—No par
6%
85%
*85
8%
100%
*14%
.
1%
!•'
*45%
Jun
9'A Jun
151
—1
Gen
83
83
151
Equip Corp___No par
3,700
'/■:•.■
98
Apr
-v
2%
Feb
3%
Feb
May-
11
Sep
May
51
25
4
Mar
•
2% July
8% Apr
98'A May 19
Printing Ink
20%
i
16
1
71% Jan
Gen Public Service
,
Jun
8'A May 19
No par
———No par
2,700
113
Jan
8
18% May 20
A—
preferred
$6
1%
1%
1
Jan
5% Jan
100
Common
80
10
Aug 31
—No
4%
Jan
97
11 'A Oct
No
Adv
18
Apr
7% Jan
preferred
Outdoor
Gen
14%
70
Xl8'A
47
40%
40%
$5
500
1,700
Apr
2% Jan
5% .preferred-——
General Motors Corp——
42,600
50%
15%
85%
107
$6 conv preferred series A -No par
14%
7%
12'A
18%
85%
*7%
1%
40
10
Aug 23
29
—No par
General Mills——.
—
Jan
4% Jan
Gen Gas & Electric A
21
20'/a
*68
83%
*46%
■
2%
102%
*
*82%
18%
*99%
4%
preferred-
$4.50
60
Corp
46
A
19%
7%
7%
86
96%
'
35%
35
34%.
34%
:
97
97
97
97
General. Foods
38%
5
—
20%
21%
20 y8
12%
18
';:■
1
*85
40%,
39%
preferred
7 %
General Electric Co_
*43%
,
113
*iiiy2
69%
11%
46
*2%
2%
*2%
86
7%
•
69%
83%
46
1%
1
1 'a
2%
tv
20
20
7%"
1
1.8
18
113
11%'
83%.
■
47
;
Cigar Inc.—;
"
70
11%
11%
*111%
19
*68
v
12%
18
113 A;
18%
70
*68
70
19
*11.1%
12
•
■•>:
'
113
7%.
:
7%
»7%
*68
;
83
21%
18%
18%
preferred—A'_
cum
Apr
No par
—
—
1%
1
21
21%
18%
*
-
106
*19%
y:.;
46
20%
*17%
18%
.1
l
1
1
*43%
20%
*21
*111%
7%
General
27
37
par
% Nov
10'A
No par
A
600
,y
■
6%
*U0'/2
113
14
19%
113
No
18
45
14% Apr 26
53% Apr
2
4
134
Nov
Oct
Jan
5
Dec
Jan
136
14% Sep
102
A—5
Jan
12%
Jun
6% Jun.
15
6% Jan
May
30% July 13
11
Jun
11%
42
Apr
5
14% Oct
12
51
—No par
preferred
128%
105%
*1%
105%
*104
>
19%
46
xl9%
11-
Transportation—
,35%
35%
19%
6%
1%
i • *
*43% '46
>;■
•
*43%
18%
19% Jan
Baking——
;
4% v
82
1
46
14%
*111%
No par
170
.
*127%
4%
19%
>'
19%
6%
.
6
9% Jan
114
1
4% Jun
2
—_1
8% Sep
4% May 17
11
1% Jan
9'/a Jan
Jan
36% Mar
38
'
3 l'A Jun
2% Jan
3
Jan
Aug
21
110
20
(The)
Feb
5'/a
May
38'A July 10
1
A
10,900
101%
50
:
.
4%
7
19%
19%
1
No par
cl
(Robert)
Dec
21%
Feb
Sep 28
14% Oct
75
30% Nov 30
17
27 %
Apr
9'A
12
May
21
;
8
2
Co
Amer
5
16
12
2%
131%
*130
127% .127%
36
*351.
127%
A
;■> 4%
:
19
*103%
113
'
18%
16% Jan
Jan
115/
>
*101%
101%
131%
50%
115%
2%
'
*43%
12
Wood Industries Inc
Class
90
145 •
114%
115
*129'/2
;
131%
50%
50%
6%
1%
1%
600
2%
2'A
*113%
101
115
102
19
104
19%
xll6% Nov
Feb
Mar
27% Mar
4
5% Jan
Dec
Jan
3
8
19% May
96% Jan
General Cable Corp
,,640
27
115%
*115'A; H6
,
2%
y
•
,
84
-
144 y4
145
113%
;
4%'
*110
51% Dec
7
1
General Bronze Corp
4,600
4%
\
7
40%
4%
*6%
1%
3
10
'
18%
19%
84
.
40%
35
6%
113
'.
40%
*127
18%
*1%
4
25
$6 preferred
2,200
40%
127 >A
1818
*19%
A12
'
40%
' 34%
*6%
>110%
2,600
'
27
:
•
i: i,5oo
0%
40%
34%
104
9% Jan
10'A Jan
50
39%
16%
96%
Apr
Jan
28
9% July 15
39'A Feb
No par
pfd
100
Nov
May
9'A
•
50
Jun
105
18
2
140
Dec
15
16
July 29
July 15
13% July 7
preferred
$8
6%
4%
29%
%
86
39 V2 Jun
22'% Jun
109
100
Inc
Gamewell
22,200
127%
.
6%
145'
*6
Apr
5
Co
(The)
Co
Co
Gen
37%
50%
4%
106
Galr
General
36%
2%
y
Gabriel
4,100
-
87%
31'/a Jan
preferred
Trailer
conv
3,600
'.A'--12
82%
26%
5%
7%
37'A
34%
*4%
*104
6%
.V
36%
116
■
50
6%
112% July 12
No par
F'k'n Simon & Co Inc 7%
41%
4%
11%
Dec
1
Francisco Sugar Co
7'A
',■■
Dec
26%
6
Gaylord Container Corp
5
5% % conv preferred—__J.
-50
Gen Amer Investors..
-No par
*141
14
43%
Jan
10
preferred
prior preferred
x40%
145
Apr
Apr
13%
104% Jan
1,500
107
7%
29%
-10
$7 conv
Jan
2
43
2
Inc_„
87
28
50% Jun
42
Feb
18% Jan
Apr
July 15
iy%Jun
8
5,100
*106'%
•
12 '/a Jan
14
4%
37%
127%
34%
4%
35
■
7% A
74% Nov
27
13%
4,500
98% Nov 22
Jan
4%
10%
8
25% Jan
Gar
36%
50
127
380
51%
4%
.
f
11%
5
Corp
Dec
4'A
25'A July 14
par
Corp—.
13%
Jun
2
100
Corp
Jan
Apr
3
78% Jan
f_x
preferred
Jan
24Va
8
3% Jan
Steel
conv
'
Dec
Jan
15
'
*142%
y-Vv.
,
24
10%
82%
27%
,,■■;
*50%
11 %
83%
81
*26%
■:.
*127
50%
50
127
*34%
6
30% J an
5%
100
13%
40%
130%
131
131
131
131
"101
)
A
A
4%
11%
3,800
36%
*113
117
*101
25
6 'A Apr
13%
-
42%
X6'A
6%
'4%
;
8i
26%
27
;
24
:
.600
10%
107
*141
11%
145
117
-7%
"
11%
'
42%
145
;
6%
V
6%
4% y 4%
11
35%
2%.
*143
145
*142%
*114%
7%
*12%
■
24 'A
*106%
7%
v
42%
.
'
42%
107
*106%
>
7Va
*143
79% .81%
*26
28
*26
17% Oct
4
Jan
93
19 %
10
-100
Follansbee
Fruehauf
3%
51%
10%
42
>
13%
*50'A
10%
4%
10%
18
Freeport Sulphur Co
2%
•
3
V'.
4%
51%
6%
4
10%
Feb
3% Jan
*8%
69% Sep
11
50
109
2%
•
r13%
*50%
107
2%
4%
>10%
40%
v
6%
10%
19% July 13
105% July 27
29% Apr
5
10
1,500
28%
28%
Jun
2
Jun
1,500
31%
*30%
6
6% Jan
Jun
80
30
Jan
28
260
4,000
Jan
29%
36
Machinery
r
37'A
Jun
7
Fair Stores
14
Apr
19
8
Food
68
27%
1
19% Jan
Foster-Wheeler
13%
Mar 26
May 27
11% Nov
25% Jan
Food
*20% : 21
42
29
7
No
Dec
28
Nov
8% Nov 29
No par
1,300
116%
Nov
$4.50 preferred———No par
Florence Stove Co.
!
No par
2,500
8oo
IV*
7
16
*108%
y, 13%
10%
7
4
4
,■":■
Jan
11
V 260
12%
it
15% Jan
A 51
*58
3'A
23%,
51%
*106%
6%
A 6%
:
10%
7%
*143
147
3,400
Oct
1
3% July
97% Jan
(The)——
Sep
7Va
28%
10
;
4'A
Apr
par
Co
16
■•;■■■
4%
'
*143
6%
12%
31%
2% ■/:
*50%
41%
7
Dec
30% Nov 30
—$2.50
Florsheim Shoe class A
45
116%
13%
A *13%
70
May
Dec
Stores——No
National
Flintkote
;
-
series A
51
,
28%
*12%
22%
::
4%
13%
107
40%
700
35%
•
109
X3'/8
13%
22%
i-
■>':.
2%
3%
*13
13%:>
10%
*106%
107
*106%
10
:
preferred
First
2,000
107
■
6%
800
19%
26
13%
28%
35%
6'A
68
*108%
109
2%
r
*22'/2
V
51
10%
10%
10%
21
31
v..
2m
4%
*50%
51
*50%
1,100
45
116%
13%
31%"
13%
4%'
13%
105
*34%
12%
*58
3%
2%
3%
•:■■
*12%
23 'A
4%
31
Oct
Jan
'
Jan
Firestone Tire & Rubber—
*25
*
16'A
>20 'A
*
13%
*108%
Oct
10
44
■
Jan
4%
19
'
*108%
4%
5,700
*103%
■;■
51 % \
116%
"
68
/.A 27
109
39
Corp
19
^10
Fidel Phen Fire Ins N Y
V
l'/a
86
;
2,600
6%
16
21
13%
*58
27
*108%
26%
109
: 108%
108 Va
*20%
>
'
31%
31
31%
y;
'
65
,
10 '/a
.
Deo
20
2
preferred—
Enamel
'3,600
19
46
12%:
Ferro
conv
16%
x34%
26
6
16%
-
35%
*50%
117
;
107
45%
12%
*116%
14
12%
!
v
'A %
5
15
No par
Dept Stores-—
46%
105
19%
35'A
51%
16
I
21
No par
—100
4
8
29'A Mar 30
% Jan
20
Federated
360
>
Nov
13
38 %
-
36
*25
12%.
v
,
93%
24
9% Jun
4
Nov
14% Jun
2
5% Jan
20
No par
16
105
*103%
51
A
-
16
116%
19%
*12'A
50
49%
70
par
Min & Smelt Co__.
46
38%
36 ■<
46
•45%
12%
*12
15%
117
>93
94%,
*19'A
6 y4
6 Vb
'
45
78
Federal Motor Truck
1,800
105
26
*25
6'A
6
45
12%
4%
22%
34%
34%
35%:
25%
116%
16%
*15%
*116%
19%
*34%
49
49'
4%
22%
,38'/a
107
107
"i
*25
.
46
12%
;
107
18
Federal-Mogul Corp_w:
4%
92%
19%
19%
68% Jan
Corp_l
Light & Traction
preferred
-*■
$6
1,400
22%
36
6%
6
44%
44%
*43
*35
*105
107
"
*25
35'A
34%
*25
,105
450
22%
' f
& Rad
Federal
1,700
'*4%
39
19%
15%
No
Co—
Pajardo Sug Co of Pr Rico__.
Farnsworth Televis'n
17%
16
34%
19%
Jun
t per share
Jan
"
17%
46%
19%
34%
19
■i
.
32% Jun
5
17% A
16
104%, 104%
104%
34%
34%
4
52% May 19
3% Jan
Co
1,700
45%
34%
104%
105
19
4%
3%
4
16% May
9
12
Corp
19%
16%
105
16% May
9
Jan
.39% Jan
Cleaner
Products
13
46%
,38%
8
Highest
t per share
50
Federal
!
;
8'A Jan
$ per share
100
Fairbanks Morse &
2,400
17,700
104 %
15%
46%
15% -16
44%
pur
^
3
Exchange Buffet Corp.^>__«.__2,50
2,400
10
*103
,
15%
15%
44%
34%
9%
,
800
95 y4
94%
95%
16
44%
*15%.
par
Nu
19%
*17%
■
22%
22
t
.
15%
104
13%
17%
22
.
»i)4
95%
95%
95%
*95%
17%
4%
4%
*21%
4%
22
22 ~
9%
15%
19%
17
17
19%
; ■
10
104
104%
19%
*19%
19%
y 104
104%
*104
15%
14%
15
*14%
14%
104%
19%
19%
9%
9%
9%
9%
14%
104%
14%.
105
No
Previous
Year 1942
Lowest
Highest
I per share
Par
.
int_»
Vacuum
6%
10%
21%
*14'A
-•
,• Eureka
6%
10%
*2%
6%
'3,600
6 %
10%
2%
:
Pitts RR Co
&
6%
2%
.'.y,
bene!
10%
2%
Range for
.
Lowest
common_„:
6%
*2%
>
Range Since January 1
pref series A
Erie
82
>76%
31%
*104
V-
RR
Ctfs of
,5%
2,100
10'A
,
31%
21 %
26
Erie
24,300
,
6%
i
■
'
44
21%
V.: "2%
<
'V.
10 Va
6%
'
■'•
,
.
EXCHANGE
-.2,300
,
:9%
44%
.
NEW YORK STOCK
for
Shares
10
9%
43%.
9%
43%
44
>76%
82
*9%
10
9%
9%
43%
-
the Week
t per share
share
ver
9%
10
9%
44
"76
82
75
9%
9%
9%
43%
I
6ales
Dec. 10
Dec.!)
10
*21'A
■;
6
82
6V4
JO
■f
43%!
Friday
Thursday
,
$ per share
■,.'
9%
9%
44%
9%
44
share
per
9%
9%
9%
9%
9 V-2
9%
*43%
$
.<,$ per share
share
Dec. 8
Dec. 7
Dec. (»
Dec. 4
S per
STOCKS
HIGH SALE PRICES
i
Wednesday
AND
Tuesday
Monday
■.
2373
Jan
Dec
9'A Nov
22% May
32
Nov
23
22
25
Feb
July
26
July
2
18
Apr
1
13%
Dec
18%
Oct
32% May 10
19%
Jun
25%
Feb
28'A
Jan
27% Jan
22%
11
Apr
143
Jan
Jan
2
154
Dec
10
130
Apr
57% Sep
10
65
Jan
27
50
July
Sep 27
25
Apr
33Va
Jan
Apr
14%
Dec
138
31'A Jan
19
14% Jan
4
50
21'A Dec
10%
8
Jan
4
13% July 16
10% Nov
9
17'A May
2% Jan
2
Jun
11
81% Jan
19
160% Jun
12
3% Jan
12
10'% May
5
25% Jan
2
41% May 12
44% Nov 18
10
Mar
63% Nov
11% Aug
14% Jan
50% July 26
11
5
9% May
4
•
1% May
48%
Jan
3%
86
Jan
Sep
2% Jun
4%
Oct
Jun
33%
Oct
18
H
*36%
•
36 %
108
For
36%
15%
37
15%' 15 3 a
12%..'l2!fl_:
*105
*27
29%
*27
29%
*26%
15%;
*11%
*105'A
footnotes
see
:
12%
*15'A13
•
*105'A
108
page
37
2379.
27'
29%
*35
-
37
;'
16
*12'A
13 '
13
*105'A
108
28
*26
27
•*15%
16
108
*35
.
36
-
*15'A
27
27
36
36%
36%
16
*12'%- 13
*105y<
108
■15%
12'%.
*105%
".
200
80
16
1,800
13
800
108
Hackensack
i"
7%
Hall
;
.
Water
preferred class A
Printing Co_
—
Hamilton Watch Co..—_
6%
preferred
.29
22% Feb
11
Jun
1
35
,12y4 Jan
5
9'% Jan
18
104% Mar, 13
28% Sep
38
Apr
3
13
18% July 23
Feb
19% May
25
29
Apr
35
Dec
8% Mar
13
Aug
4
8
Jun
ii y* Nov
llOVs July 28
95
Mar
106% Feb
15% Jun
-
;
FINANCIAL CHRONICLE.
THE COMMERCIAL &
2374
AND HIGH
LOW
S
$
per share
6
*102
6
500
.
6%
6'A
6'A
6V4
6V4
6'A
6%
6%
6 %
6%
2
2
2
2
2
1%
2
2
4.000
104%
104%
105
105
105
63%
*62
63
62
130%
*114%
116
*114
116
*114
18
18
*17
18%
*18%
19
*18%
19
63
114
*38
39%
*38
*14
14%
*13%
13
*12%
■
18'A
1C0
200
Hires Co
39 V2
x39 %
39Va
14%
*13%
39
14%
*13%
12%
13'/a
12%
14%
13
*12%
13
1,400
116
*115
116
39%
*13%
13
*115
116
116
20
k
38%
38
12%
12%
12%
%2
13 'A
13
13
13
52'A
^*52%
53%
6%
6%
\<?%
6%
6%
110%
*109
31%
31%
31%
3 l'A
31%
*1%
1%
*1%
1%
*5%
6%
5%
5%
24 %
24%
24%
24%
7%
7%
7%
8
7%
8'/a
1 Va
1 %
IVa
1%
l'A
l'A
*109
110'A
63 Va
14%
Nov
Apr
75'A
Dec
129
Dec
10
136% Aug 26
125
Feb
49
Jan
9
71 V July 14
100
Jan
5
21% May 10
18
25% July 13
11
21
40% July
14%
14% Jan
,
6
Jan
7
12% Sep
2
17% July 12
6
17
Apr
Jun
22
115% Jun
31
Jan
5
42% Sop
20
36% Jan
12
45
9% Jan
5
17
Jan
2
44
preferred
——:—100
Light & Power Co.—No par
of Texas v t c
25
Sound Co
-5
105
July
114 <
Mar 10
39 Va
Oct
Jan
11%
Nov
Apr
44'/a
Dec
96
July 12
24%
23%
24
8'A
8%
8%
May
1%
1%
1 %
23%
2,700
Hud
8%
8%
8,100
Sep
Apr
*4%
Oct
29% May
34%
Feb
2%
%
>5
l'A Aug
Jan
2
Jan
5 Va
29% Mar 30
16%
Apr
23%
Dec
4% Jan
11% July 12
3'/a
Jan
5V4
Nov
—-1
ii Jan
2% May 10
ft Jan
1%
Apr
Hupp Motor Car Corp
'8,900
1%
106
1
No par
Hudson Motor Car
.
4
Feb
22 % Jan
4% Jan
non-cum
23%
% Nov
Feb
Jan
17
24 'A
Jan
38%
9% July 13
% Jan
Manhattan.
100
preferred——100
Bay Min & Sm Ltd
No par
5 Vc
300
Dec
A 115
Oct
18
6
1%
Dec
30 Va
2% Jun
1%
*5%
7 Va
18%
Dec
8'A
July 22
57% July 30
10% Jun
*1%
Nov
27
2
Hudson &
1%
6
Dec
Nov
21%
2,100
l'A
15
17
29%
V
Jan
110
5
*5%
Jan
Jan
6
9
8
Mar
12%
8
115
t
41% Apr
1%
Dec
102 Va
12% Mar
16'A Jan
OCt
48%
Mar
28% Jan
30% Jan
6%
l'A
79
Aug 16
■
Howe
1%
8%
118
134
30'A Mar
1,500
*5'A
24
Apr
51
9
Jun
8,300
1 %
24
10 %
2
No par
Household Finance
*
-Feb
Apr
8
87*.
68
5%
158'
141 %
22% Dec
5
59% Aug 31
37/a Jan
2
" 1%
Oct
8
Houston Oil
7%
Dec
58 Va
5
Houston
32
Jan
04 Va
Jan
200
32
32
1%
Apr
Jan
2,400
7
7'A
7Va
32
32
32
Jun
May
12% Jan
No par
Class B
5%
ft Mar
Nov
%
45
63%
5%
■:
Houdaille-Hershey cl A
300
167
Dec
May
8 Va
79 %
110'A
*63%
63 %
63 Va
,
7'A
6%
6%
31%
Homestake Mining—:
2,200
..V
6
ft
3% May 10
110%-. July 23
71
Apr
2
2
88
Jan
5 Va May
73
'
63%
63
preferred
1%
9,200
13%
52'A
(A)
Holly Sugar Corp
200
53
*109
110'A
62
_.
42
12%
*52
62
Hollander & Sons
.
39%
*41
42
*40%
53
*109
110'A
*109
62
41
38
38%
37%
38%
41
12%
12%
52
52
52%
111
37%
41%
*40
40 Va
12%
38
37%
*115
.'
(C E) The
Holland Furnace A Del)
300
*39
14'A
13
20
152
—10
—1
10
—--5
No par
—100
12.50
No par
Hlnde & Dauch Paper Co-
19%
*13%
40%
110
*17%
*19 Va
*38
41%
*61%
18 '/a
20%
14%
*40'A
*51 Va
*17%
*19%
~
38%
38%
18%
13 Va
*115
300
114
114
19%
19
116
64%
64%
63%
114
80
11
—100
No par
No par
cum
19%
19
38%,
115%
116
115
63
600
% Oct
10% May 28-
No par
.
preferred
Hershey Chocolate
$4 conv preferred
6%
109
2
Jan
4%
No par
preferred—.
Motors-
Hercules Powder—
80
Jan
Jan
16%
146
Apr
3% Mar
56% Jan
—25
100
-
non-cum
.
Hercules
2,100
80%
129
129
W)
(G
-
Jan
104
Apr
xl26
1% Jan
93% Jan
,25
38%
'
*12%
7%
80%
81
130
*113%
114%
Helme
6
6% Nov 24
2
-
Co
Glass
4% Jan
_1
*17'A
18%
*17
'130
63
62
116
62
63
*60%
63
*61
x80%
80%
130%
*130
130%
*130
130%
*130
80
*130
Mfg Corp
Hayes
,
Highest
I per share
Apr
12%
7% May 29
86
Hazel-Atlas
27,400
22%
x21 %
22%
21%
5
98
107% Sep 13
18% July 6
144% May 14
100
500
62
6
,3
preferred
420
105%
$ per share
Feb
135
*163
*163
22%
211
79%
79%
80
*79%
80
*79
63
21%
18%
18%
18%
18
18
*163
*163
*163
*163
64%
*63
64
*61
63
"60
104%
103
102%
*101
103%. 104
par
100
1
6 % %
$ per share
13% Jan
99% Jan
No par
No
Refrac
Hayes Industries Inc
1,400
2
2
2
2
Co $5 pfd
(M A)
preferred-'—
Hat Corp of Amer class A
6%
30
104
*100
104
*100
y
6%
*6
'
*5%
6
*5%
6
104
*100
102
102
105
*5%
6
*5%
6 V4
6
105
*5%
*102
*138
142
*138
142
*138
142
'138
Hanna
Harbison-Walk
4,900
15%
1942
Lowest
Highest
'
I per share
Par
142
*138
Lowest
EXCHANGE
106%
15%
15%
142
*138
142
Year
Range Since January 1
STOCK
YORK
NEW
Week
Shares
share
*105
106%
15%
15%
15'A
15 Va
*105
106%
*105
106%
14%
$ per
$ per share
$ per share
the
for
Sales
Dec. 10
Dec. 9
Dec. 8
share
*105
15'A
15%
15 '/a
15%
106%
*105
106%
*105
$ per
per share
Friday
Thursday
Wednesday
Dec. 7
Dec. 6
Dec. 4
Range for Previous
STOCKS
SALE PRICES
Tuesday
Monday
Saturday
1
Monday, December 13, 1943
Aug
I
Central RR Co
9%
10
10%
10%
10%
10%
10%
10%
8,700
*23'A
24
23%
23%
24
24 %
24'/a
25%
25%
25%
1,800
6%
45 %:
45 %
45'A
45 Va
45%
*42'/2
45%
45%
45%
'
6 %
167%
68 %
69%
,
168
68 %
6b %
71%
69%
70
3,000
10'/a
10 Va
10%
10%
4,900
200
900
Interchemical
8
*7%
32
31%
113%
6%
6%
*6'A
167%
69%
6
'/a
•
170
170
170
•
13A
1%
1%
1%
1%
1%
1%
14%
14%
14%
14 Va
15 %
15%
15%
15 Va
65
65
65
13A "
1%
14%
•
61 'A
Ilia
12
11%
15%
110%
14%
4,200
*7%
*62
63
64
39%
%;
39%
39%
35 '/q
35%
t
36
36
54%
55
36
54
54 V.
54
120
*104
12%'
*29
30
*29
30
*29
*138
142
*138
142
*138
142
*138
142
*138
16%
*107
*14%
15%
29%
30
*138
142
%
13
2,700
16%
3,300
preferred-—;
8
8% May
12%
Jan
6%" Jan
27
8% July
1
5%
Apr
21% Jan
28
38% July
6
18%
Jan
21
106
500
29%
100
Mar 29
6
Nov
9
9
Jan
2
9% Apr
177
144% Jan
20
56% Jan
20
Jan
9
162
% Jan
Sep 24
74% Jun 28
177
23 Va
Jan
111 Va
Feb
10%
Jan
5'A
Apr
5% May
109% Mar
61
Dec
166
July
% July
Dec
6
14
Jan
Dec
Dec
Apr
5
24'/a
Apr
f26%
Jan
136-
Dec
7%
Dec
'15%
Jan
Dec
10
4V« Nov
30%
43% Mar
Oct
60%
Jan
11
1%
Oct
3 Va
Nov
71 % July 12
30%
Oct
<46 %
Jan
2
63% Nov
1
3% Jan
4
11% Jun
11
45% Jan
Apr
July 14
138
2
%
12'A
57
3 Va May
38
1%
36 % Apr
% Jan
Jan
Apr
May
July 2
6% May 11
A 8
151 Va
40
67
30
Jan
8
147
Mar 25
19
-
129
,
July 27
Feb
Oct
100% Aug
4Va May 10
5
Nov
25
6
6%
39
July 16
44
39 ,y
Mar
48'A
Feb
28
Jan
4
38% July 26
26
May
32
Feb
36
Jan
7
55
9
26
39%
Oct
100
102% Jan
15
July 14
94
May
May
No par
No par
No par
100
6 % Jan
7
16% May 10
lVa
Jan
7Va
Nov
6% Jan
7
16% May 10
2
Jan
7 Va
Nov
Dec
s
115
5
9% Jan
7
18% Sep 21
90% Jan
1C4 Va
14
111% Aug 26
6% Jun
;
;
Oct
,10% Nov
88'A
Apr
95
10% Jan
4
18
Jun
2
7%
Apr
11
27% Jan
5
32% Apr
24%
Apr
32%
Jan
5
145% Jun
3
10
135
1
preferred
Apr
'
No par
1
Island Creek Coal
$b
Mar 29
100
Intertype Corp—
—
115
6
*
:
15%
142
15% Apr
37% Jan
:—
Salt
Preferred
70
-
8
No par
preferred
Intern'l Teicp &
51,400
109
Feb
9%. Nov
-15
100
Co
Paper
7preferred—.
Teleg
Foreign share ctfs_,
Interstate Dept Stores
V;'
12%
Dec
74%
No par
International Shoe——„No par
International Silver.
.
50
500
120
Jan
163%
Apr
No par
.——-100
——
International
1,200
56 Va
conv
5%
-200
100
July
5
5%
740
<
36
*12%
16%
*29%
30
*28%
30
36
12%
109
*14%
15%
*14%
40% '
*104
13
16%
109
64%
40%
*54'/a
13
13
16%
:
v
120
12%
110'/a
*109
15%
*14%
*104
13
16'/a
16%
110%
...
13
*12%
13
16
120
12%
.
J
63%
.;
64 Va
*38 V2
May
54
3% Jan
—
Inter.Rys of.Cent.Am_
500
7%
ii
61%
39%
*12%
'
7%
7%
74
153
—1
Preferred
48,700
66
*7%
*108%
%
14%
14%
14'A
14
65 %
7%
12 Va
16
109
109 %
13'/a
65%
*104
12%
/
16
15%
*109%
13%
65
*52%
51%
12%
11%
12
13
65 Va
36
120
*1C4
120
11%
13%
65
7%
61%
36
51%
51
*50
*104
13%
64%
7
—100
International
Feb
Dec
July 23
5
Int Nickel of Canada—;
210
13%
*39
39%
36
>
129
129
131
16%
35
78% July 24
8
International Mining Corp:
40,100
27%
27
27%
27
*128%
7%
■
61
*38%
36
36
7.
60%
39%
6i
*38%
27%
133
*128%
-129
4%
Sep
Apr
168
11% Jan
preferred
Oct
10'A
21
28
100% Apr
55% Jan
&
Min
Oct
Va
5
25
4%
200
4,000
4%
44% Jun
.-5
International
65%
4%
,; 19 % July 24
Chem
Int
8,800
13 Va
13%
65
6%
7
*65
4%
4
Hydro-Elec Sys class A
3,500
v
64%
13
64%
64%
*6%
;
V
13
13
*63%
129
26%
26%
25 Va"
26
130
129
130
4'A
4%
4%
4
4 %
25%
25%
25'/a
*129
65%
*65
1%
15%
15
*
4 Va
4Va
4 Va
*64
65
*63
65
*63
1%
•
15%
Preferred
380
169%
169
169
169
Jan
17
No par
Harvester—;—No par
—100
International
2%
29
Machines
Business
Int
400
8,900
71%
6
Nov
Mar
Jan
100
Interlake Iron
7,600
6%
166
70
70%
*1%
'
6%
166
168
69
May
9%
23'A
86 % Nov
No pur
-No par
Intercont'l Rubber—
400
%
13
62
No par
Corp.
preferred
6%
60
6
6%
6%
168
70
:.v
114
*6
6%
6%
7%
31%
*112
114
*112
6%
*166%
69
7%
31%
8
31%
Jan
Jan
May
1
Inspiration Cons Copper
Insuranshar^s Ctfs Inc
167
*168
168
166
166
166
69%
42
13
158 % Apr
100
—No par
Co_
10 Va
113%
6%
68%
Steel
Jan
32% Nov
par
preferred
6%
•
32'A
20
No
Ingersoll-Rand
800
88%
165
May 10
11% Jan
Indianapolis Power & Lt—-No par
Rayon—
No par■
71%
*31
112
167
88%
48
4
Industrial
Inland
*7%
8
31%
6%
6%
167%
6%
6 %
*166
1,200
*'157
165
"157
8,000
39%
6
5
Jan
8
100
.1000
;
ctfs series A
10
10
6 %
■v:
88%
88%
89
165
15 Va
*39
See
RR
71%
71%
112
6%
*6%
6 %
*6
112
*110
112
*110
39
89
*157
88%
31%
31%
31%
31
39
38%
165
*7%
8
*7%
7%
7%
*30%
15%
39
9%
10
9%
9%
9%,
8%
15%
'70%
71
70%
70%
*70
8%
15 Va
39
*157
165
*157
8%
15 Va
88%
88 %
88%
88%
165
8'A
15 Va
38%
38'A
36%
36%
36%
88'A
*157
15 %
8%
*7%
.
15 %
14%
15 Vn
1,770
4%
lines
Leased
260
8%
'
'
14%
8%
8
8%
8%
*15
44 %
8'/a
44%
*43
5%
16% May
31% May
37
100
10
24
Jan
18% Jan
100
preferred series A
10
9%
Illinois
*9%
*23%
127
138
Apr
Jan
Dec
Jan
Nov
'
*11%
111
111
86
86%
87
*125
126%
*75
'
*75
*75
*104%
'
126%
127 Va
*124
111
86
86
127
'•
20
20%
20
20%
54%
*54
54%
54%
54%
55
66
13%
13'/a
13 Va
1,100
Jarvls (W B)
Co
29 Va
29%
28%
28%
1,300
Jewel Tea Co
inc.—i.
*104%
*104%
111
x88
126%
*125
20%
*54%
*125
88 Va
88%
126%
■
*125
88 %
126%
10
*80'A
*80%
Joliet
20 Va
21
20%
20%
8,400
55%
55%
55%
55%
1,200
65%
65%
66
66 'A
66%
66
10%
10%
10%
10%
10%.
10 %
66%
66
10 %
10'/a
900
••
66'/a
10'A
*2,200
.
<■
&
No par
—100
.
Chicago
<
—100
preferred
Preferred
:
21
No par
Johns Manville Corp„
3,200
55%
10%
10 'A
111
'
88
87
*104%
111
4 'A %
•
9% Jan
1
13 Va
*65'A
66
10%
>'■
29
13%
29
12%
*80%
20'A
20
'
'
*104
86
*106'4
28%
28%
28 %
28'/a
29
*28%
12 %
12%
12%
12%
12%
RR
stamped—100
Feb
26
1219
99 Va Mar 30
16% July
70
-Jan
21
126
Jan
27
136
27
July 21
Aug
16
79
19'/a Jan
.7
'
26% Apr
Nov
9
65
64% Jan
8
82
8% Jan
4
10
xl2% Jan
19
No par
Kansas City Southern
No par
4% non-cum preferred—j
100
Kautmann Dept Stores
1
5%. conv preferred.
—100
Kayser (Julius). & Co__
5
Keith-Albee-Orpheum conv pfd_100
Kelsey Hayes Wh'l conv cl A—1
Class B
—1
122% Feb
Joy
Mfg
Co—
73%
54
122
Jan
129
Jan
Jan
Dec
Nov
17% May
53% Dec
6
12% Jun 25
Apr
24%
64
Jan
61
5
.100
-100
1
;
107%
50 Va May
6
Apr
No par
5%
10%r Nov
33%
May
Aug 28
78
Laughlin Steel—
5 "/o,
'
Jan
18% May
85
92 % Sep
pref series A
pref series B conv
Jones &
5%
8
July 14
34
109% Aug 19
79%
Jan
11
Jan
13%
Dec
May
7Va Aug
Jan
K
123%
*123 Va
126
*123%
123%
6%
6%
6%
6 %
23'A
22%
23'A
r23 %
23'A
21%
6%
6 Va
21Va
*
103 %
13 %
102 %
16%
16%
*108
112
*108
13 Va
102%
14
16 %
16'/a
112
108
123'A
18
18
18
18%
126
6%
*102%
103%
16 Va
18%
*127%
6%
14
14
*13%
18
126
23 'A
24
*22%
17%
*123%
18%
126
6'A
6%
*6'/«
102%
*17%
17%
*17%
16'A
112
*13'/a
*103
*16Va
*108
16 %
20
5,100
6%
800
21
13%
*13%
103%
*103%
103 Va
16 Va
*16'/a
100
13%
103 Va
*16Va
*
16%
*108
112
1,300
*13%
13%
103%
21
18
126
*108
112
30
.
500
112
*19%
20'A
19 %
19%
19%
19%
20%
20%.
*20 Va
20%
20 Va
20%
1,000
*12%
13
12%
12%
13
13
13
13 Va
13'/a
13%
13%
13%
2,200
*112
113
*112
113
112
29%
113
30'A
*112
30
*112
113
113
*112
'
113
30%
30%
30 Va
30%
22,600
300
30
29%
*17 Va
18%
18
18
*18
18Va
*18 "a
18lA
*18'A
18%
18%
18%
*29%
32
32
*30 Va
32
*30%
32 Va
*30 Va
32%
*30'/a
32 Va
29%
*30 Va
*3%
4'A
*3%
4'A
3%
3%
3%
3%
*50%
5 l'A
5 l'A
51%
51%
51%
51 Va
51 Va
50%
21%
21%
22
22'A
22%
23
22 %'
22%
22%
23
6'A
*27%
31%
31%
•7
*6
6%
v :
*6%
7
6%
•
28%
28%
28%
28%
28 Va
28%
28%
31%
31 Va
31%
31%
31%
31%
32
*10%
27%
27%
*16%
*37%
38 Va
38%
38%
38
38%
400
23 Va
23 Va
22%
23 %
22%
22%
1,700
27
27
27%
16 V2
16%
16%
16%
36%
*36%'
*35%
36%
22%
*16
36%
22%
22%
4 %
4%
4%
*110
4%
29%
1%
1%
15%
15%
29%
29%
■
1%
15%
1%
*15
22%
22 %
114
*110
114
*110
30
4%
1%
15
29%
*18
19
38
22%
114
4%
*110
4%
17
114
*111
114
4%
4%
4%
1%
1%
1%
1%
2,200
15%
15%
16%
4,500
.
2
6
12
5
Jan
2
.—8
30
Jan
4
39%
6%
6%
6%
*37%
38%
*37%
6%
38
%
6%
*37
6%
38 Va
6%
*37
6%
38%
17,400
Lite Savers Corp
Sep
Dec
14 Va
Dec
10'A
4%
100
26%
14% Jan
6
237/aJan
8
Jan
12
Apr
Jan
9
Dec
May
105'A
Jan
Jun
37 %
Jan
Dec
Jan
Apr
29
6% July 26
1%
Jan
58% July 29
30%
24% Sep
3
32% Sep
30
32% Nov
17
22
10% Apr
6
2Va
July 17
July 20
8% May 19
2% Jun
1
Feb
Sep
40%
Feb
22%
Jan
Jun
3'A
Jan
27
19% May
Apr
7%
Apr
>
Jan
29%
Jan
13
May
Sep
21%
...
Apr
41 %r
11%
;
Jan
18
Dec
11V4
Dec
8% Mar
15%
Apr
18% May
104
Aug
28
Dec
23 Va
Jan
113
Jan
Jun
4
Jan
Dec
2%
1%
Jan
Aug
5
8 Va
Jan
15%
July 14
17%
Apr
25
Dec
26
17
15
17
26
11%
Apr
14 V*
Aug
18
Apr
26%
Dec
Jan
33%
Dec
20% Jun
32
'22% Jun
37% Sep
43% July
8% Jun
41
2'%
Mar
22 Vb
16% May 21
120
Jan
Jan
11%
103%
Jun
27
2
12 Jan
100.%
Dec
11%
2% Jan
24
Feb
24 Va
107% Jan
11% Jan
Apr
11%
July 15
18
30
par
Nov
20% July 15
34
39% Oct
20
Oct
29 %
15Va
19% Jun
31
'
24
35% Apr
8
Apr
Oct
May
<
Jan
16% May 11
113
124
7%
Jan
93% July
7
24% May 11
._50
par
81%
110% Aug 31
7
Libbey Owens Ford Glass—i No par
.—7
Llbby McNeill & LJbby—_,
No
20
27
Lerner
Corp_.
12
Sep
11% Jan
7,000
Stores
Sep
Nov
17
26 Va Jan
2,900
'41 %
17
104
.100
—5
Lehn & Fink Prod Corp
6
7
40%-
'
(The)
13
19
36
500'
Corp
16
Oct
40%
18 Va
'2,600
6
73
36
30%
29% Apr
4
1
2%
8
Jan
._50
Mar
29% Jun
36 Va
35
30%
Lehman
Feb
117
10% Apr
29
..25
5
9
4
*18
40 %
%
Portland Cement—,
4% conv preferred
Lehigh Valley RR—
-No
Lehigh Valley Coal—
3% conv preferredLehigh
23
7
18%
41
—_
4
Aug
Jan
35
17%
35
2379.
Tire
par
.—5
9% Jan
19% Sep
127
17% Jan
18 Va
40%
page
Rubber &
No
Jan
7
Jan
2
Jan
7
Jan
13
1% Jan
12
34% Jan
2
18% Jan
11
2% Jan
4
23% Jan
24% Feb 26
102
28%
15 Va
25
18%
34 Va
see
Lee
.No par
29
18%
41
footnotes
—.
—
—-
4
30 Va
34 Va
For
preferred.;——
Lambert Co (The)
2
8% Jan
30%
39%
6%
.100
5 %,.
14% Jan
30%
34%
39
.100
Laclede Gas Lt Co St Louis
Bryant
_1
—No par
No par
103% Feb
1
30
40%
6%
H) & Co—
Kroger Grocery & Bak
Lane
par
2
5% Jan
2
20
Jan 13
7% Jan 6
2
83
Jan
2
11% Jan
15%
30%
34%
*37
40
3,300
1%
34
6%
4%
200
15%
18%
39%
112
1,600
1%
33%
38
4%
17
15%
18%
6%
111%
28%
1%
33
39
27%
*16%
15%
*18
*36
Kress ,(S
.
16%
26%
16 %
Kresge Dept Stores-——-.
1,600
.2,200
7
27%
26%
26%
1,300
31%
170
63%
,
28%
800
63%
Co
par
1
No par
10
Kinney (G R) Co__
$5 prior- preferred
31%
64%
11
62%
par.
.—No
No
Keystone Steel & Wire Co—No
Kimberly-Clark -Corp
No
28%
11%'
10%
62%"
par
Kennecott Copper
Kresge (S S)
10%
11
63 %
City P & L pf ser B
3,600
63
11
*62%
*26
460
63
*10%
*16
900
11
11%
64
*10%
•
:
.
63
11%
64
•
23
6%
7
7
7
28
"*31'/a
28
51
22%
51%
—
4
*50%
4
4
*3%
Kan
Stove & Furn
Kendall Co $6 pt pfd A
30%
30%
Kalamazoo
-
July
20%
4
Mar
20
Mar
5V» Jan
33
Jan
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4237
"Volume 1581
S per
63%
63
64
63 Va-
Va
-27 '
35 Va
64%
63%
64%
*26
-3.9%
40%
38%
35%
35%
35
■
35
35
35
••
-
•27%
*26% -.27%
17%
18
19%
17%
19%
f
13%
57
43%.
43 Va
28 Va
155V2
13%
56%
43%
'7%
,
28%
24
Va
16%
7
44
22 Va
34% Jan
19
43
22% Jan
par
18%;.,.
.19%.;.
57%-
•
V
.
>"•
44
>>v7i6%
.*155%
21%
67%
67%
68
Feb
Nov
25% Mar 29
11% May
14% May
64% July 24
6
37
Jan
46%
Dec
31%
Jun
42%
Jan
2% Mar
7%
15% Jan
6
21% Jun
43%
5,300
-No
par
42% Jan
7
1,700
Lone Star Cement Corp
-No par
37% Jan
11
-No
23% Nov
32%
-No par
1
*
Dec
37Va
Liquid Carbonic Corp_—
•
Jan
Jun
1,500
Lockheed Aircraft Corp
Loew's Inc__
Jan
74%
177
25% May
9% Jan
May 27
i. 26,700
800
73%
Apr
Jan
par
.19%- '20 14%
57 Va
; 13%
14%% '
\ .,". 57
56% c; 57 Va
•:' 43%
x43% 744 7 ;•
13
12% Nov 29
26
51% Jan
12%
Oct
16Va
Dec
24%
Jan
'
'
■
-7%
7%
•
29 >■•■'
28%
-
7%"
7'7%
•
17
16%
16%
16%
159
159
*155%
V
-
~ V;
-
OQ
17
68%
68%
24%
•24%
><7 68
*68
*156
'
Long Bell Lumber A
Loose-Wiles
9,600
Loriliard
7%
157;
25
Al_
Louisville Gas & El
68%
400
Louisville & Nashville
-24%
71,300
.
13
16% Oct
7
•
-No par
100
21% Jun
59% Jan
15
128
79
19%
Nov
Apr
16%
Nov
May
Mar
153
11% Apr
55% Sep
July 24
29
8
Dec
Mar
11%
5
163% July 22
22 % July 19
148% Jan 12
15% Jan. 6
100
preferred—
600
*68 '>:•
24%
.
*20%
-.21%
18% Jan
10
Co
11% May 10<
31
Oct 28
6% Nov 27
par
Biscuit
(P)
'
.
68%
•
3,200
Va
7
21
20%
21%
17
3,100
r
777
V-
29
■*.'> 16%
158 V
*155%
r
21V4
21%
7V4
.7Va
.
>
29
29
.
••
•
16%
24Va
28% May 27
24
~No
4
Xl9%
44 V
28%
21%
66%
4
,_No par
Belt Co
12% Jan
19%
•
*66
_No
Lima Locomotive Wks
-No par
13%
56%
:
7V4
'7"
'„•
i
28%
16%
•
21%
Apr
Lion Oil Refining Co
•
■
'
*21V*
■i
159
21%
•
*155 Va- 159 A"
16%-.'.'16%
*
Apr
1,600
19%
.
v
<?r: T '
7 28%
*6%,.'; 7%*.
28 % v
13%
43%
...'••
13%
56 %
42%
50 Va
164%
73% Jun
Dec, 2
19%
18%.
17%
17 Va
:
19%
%
;;. * 19
56%
13Va
•:'
•
.4
182% Aug 19
July 15
Link
9,400
36
.
17%
'
•
171
t per share
Apr
62'A Nov 30
100
-
Highest
share
per
50 Va
71
1
July 20
21% July 27
36 *
'35%' :
13%
18
18
;
56%
12%
56%
.42%
25
Preferred
share
Dec
Lily Tulip Cup Corp_^
38%
x38%
•
62
Lowest
$ per share
•
'
;
.
27%
*26%
■■
39%
'
*19% i-20
Series B_
170
t per
25
'
36%
:
*17'/4--
6,600
Year 1942
Range Since January 1
Lowest
Highest
,
Liggett & Myers Tobacco
1,400
64%
172
172"'
;
Range for Previous
STOCK
Par
64%
63%
■'/
173
X173
175
*172
27
37%
35
*34%:-35%
64
39
.
36%
35%
.
174
Va
*25
•T
27 ;•
•••*25 Va
-
63%
64
64
64
64
YORK
EXCHANGE
Shares
$ per share
$ per share
■
64%
63%
173%
173 Va' .173 Va
173 Va
•
*25
share
per
63%
64
•
*171
$
<
63%
63 Va
63'/a
63%
share
NEW
the Week
Dec. 10
v
Dec.»
Sales for
>.
Friday
Thursday
Dec. 8
Dec. 7
$ per shore
$ per share
STOCKS
PRICES
Wednesday
Tuesday
Dec. 6
Dec, 4
SALE
AND HIGH
LOW
Monday
Saturday
2375
Dec
%
Jan
76%
Jan
23%
Jan
18
M
*135
'■4/
138
31%
28
"7 24
*135
•
31%
28
<
V
x28
•'
•
"
24 Va
28
27%
-
;• 32
31%
'
•;
15 Va >.15%
*310
•!t
y
400
g
1:
5%
"
15
'6
■:■-"••
'■
-4%
x21
21
*169
.
16".,
2,400
Magma Copper
Mahoning Coal RR
V
.18%;.:
2%
15%
:
/'}'
4%
14%
15%
15
15%
;
'
4% ,75 >7
,
•
37%
37%
25%
26%
20%
-
"5%
,.
4%
,r,
•
15%
47/a
53
20%
20%
'
53%
7.
21%
Maracaibo Oil
>6,000
53%
53 Va
5
*4%
*30
;105
V
*111
Market
15,900
Martin
15% '
15
4%
2,500
Master
7 20 % 720%
4,400
Mathieson
...
;
7. 174
*170
7 %
,
53%
1,700
4%
fv 53%
1,500
•
15
47'A
47%'
47
22%
-
>19Va
V 500
vl6%
1,600
■719%
:
113;
16 Va
113
*111
23%
*22%
23
23%;
26%
'
14%
14%
•
46 Va
,46%
47%-
23
47
22%
46%
7; 112
46%
14%
23%
*23%
23%
*10%
10%
*26'/a
26'A
14%:
23%
"24%
> +
"
■
:
x26%
26%
7"
14%
;*14
.
•
;
<10%
*9%
*112-
10
*9%
*110%
113%
7%
8
*79%
83
*79%
83
*C8 Va
"69
68%
68% 7
32
31%
8
31%
7%
7%
*31%.
7%'
113%
Elec
7;
*79%
*
68
79 V4
—
;
;
7%
,
■
.
.
25%
34
;7 33%
25%
Alkali
7 8>A
*34%
34%
34%
27%
28
29%
27%
27%
6
6
6
27%
■
27%
7,;: 6
27%
27
28
28
V
27 Va
27%:
28%
•27
69
68%
-
•
"'. 118
118%' 118%
118%
118%
*68 V*
69
*106 "•
107
*106
107
*107%
108%
*107%'
preferred—
'
7
68%
2,300
,,
•7;-
5Va
"18 77
7
5%
*106
7-
28%
76%
*114%
6 V2
28%
.,
*107%
5%
7 5%
120
7 6%
76%
29
29 Va,
V
77
45
35
*33%
.
-
21%
21%
77%
29%
14%
14%
*117V4
108%
*115,
3%'
67%
21
67%
,77
14 Va
'7
14%
*19%
74 y4
74%
115
8%
8%
8%
8%
*40% '■
'42
*40 Va
7
4
36
9
110
16
Jan
7
Jan
7
13
.7*.'78
15 %.'
:
•-77. 4
45 Va
4%
•:'
;
*20%
76
76
*115
117
*115
1,800
600
■
.
76
'.77; 8%
7
117
400
Nabco
76
.1,300
;7 8%
41
*41
41
'
117
■
,' 42 7
*41
42
10
6,000
8%'',7 9
■
1
100
200
,
Brass
Co——
—1
—No par
Munsingwear Inc__
——No par
Murphy Co (G C)
No par
4% % preferred
A—-——,7100
Murray Corp of America—
10
Myers (F E) & Bro
No par
60
21
*115
8%
par
1,900
-
20%
•:
No
5,100
4%
68 V2
75%
21
.—No par
preferred series C
No par
Montgomery Ward & Co.—No par
Morrell (John) & Co
No par
Morris & Essex—,77—,50
Motor Products Corp.
—-No par
Motor Wheel Corp
5
$4
Mueller
"
-7
42
100
*3,420
' 27 7
4
'*67%
68 ' -"
•
76
74%
115
8%
J
68
V
15 V2
V 27
27%
•4V4
.4%
.
21%
*20%
20%
,
68
11,900
16 Va
16%
Carpet
$4.50 preferred
Preferred series B
108 :
•7715%:
I6V4
■?X27
27
68
—20
^.10
60
35
' 35
7 21% 7 22%
*16
Mills—
*117% 120
357,.
721%
■>15Va
Mohawk
Monsanto Chemical Co__
*115 7 ,116 Va
44%
,100
3,900
'
*1077- '
—No par
preferred series-A
6
Feb
26
64%
Oct
78% Sep
27
55
Dec
72
Feb
8
20
Va Jun
32
Jan
89
9
15
-34% July
9
2
4
42
24
13
4
class B__
Mullins Mfg Co
$7 preferred—
76% May
19
110
20
113% Feb
73
Jan
17
98
13% Jan
13
25
.
11% Apr
12
30% Nov
92 % Jun
119
121,
20
Dec
108
Oct
Oct
1
% May
3%
Jun
Dec
67
Nov
1%
fa Jan
Mar
14%
8% Apr
Oct
Feb
18
Oct
66
May
91
Jan
110
May
Apr 29
112
May
8
Feb
120
Oct
110%
Jan
23 Va
Apr
34%
Dec
28%
Dec
48 Va Mar
12 %
Dec
29% Mar
5
Jun
6%
Jan
11
Oct
12%
Nov
25%
Jan
3%
9% Apr
20 Va Aug
7
Mar 29
18% Apr
31
117%
7
27% Jun
17
Oct
6
39 % Oct
5
4%
102% Apr
July 14
13
8
59%
Dec
Jan
31% Jan
21% Jan
Nov
Mar 19
50
12
108 Va
1%
14
11% Jan
Oct
Apr
12%
33% Jan
Jan
23%
111
114% Aug 24
9% Jan 7 7
19%
Jan
30
Jan
Jan
Va Mar
103 Va
6
5
106% NOV 26
7V»
4
2
4
118
Jan
Apr
57%
3% Mar
% Jan
17% Jan
Oct
30 Va
xlQ7% May
13
75% Dec
1
114% July 22
v
Oct
33%
35% Jan
July 23
July
3% Jan
'
29
Apr
Deo
88 %■
8% Jun 10
2
64% Jan
Oct
Jun
12
Apr 21
4
6
16V»May
6
Feb
Dec
5
13
Nov
Mar
24
July
107
77
21
9% Apr
107
Jan
7% May
22 %
July
128
Jan
108
4%
34 % Apr
5% Jah
Apr
X5% Nov
32% Mar
Jan
7%
94
12 % July
■
Dec
4
26
(
Jun
Deo
15%
10% Apr
23% Sep
—1
Nov
39
115% Aug
4% Jan
-No par
10
Dec
9%
Oct
4
8
—
Jan
24%
Jan
5 Va
Feb
-
108 %
9% Jan
25% Jun 28
4
1,500
'
6%
27%
8
106% Jan
Mo-Kan-Texas RR
78
Jan
99 Va Aug
14
Apr
2
preferred-—-100
4,000
7 %
14
7
13,100
.
Oct
May
21
Corp
Dec
10
30% Sep
preferred
Nov
12%
31% Jun
Moline Power Impl
22
101
24
Feb
Jan 1
58
Jun
v
Mar
7
1%
19,
:
76
9
257 Jan
Minn-Honeywell Regu
No par
4% conv pfd series B_
—100
4%% preferred series C„
100
Minn
13% Sep
18
Jan
•?■;
Nov
11% Sep
67% Jan
-
Jan
3%
18
29
Sep 30
16% May 19
6% Jan 13
;
Jan
46 Va
Jan
1%
22
50% Apr
27
Feb
Oct
113% Oct
14 Va Jan
60
Jan
I76
Apr
17% Sep 21
7
27
29 Va
Sep 29
22 % Aug
8% Jan 11
6
Dec
Nov
7% May 29
Jail
Jan
25 Va
31
6
6 Va
7 Va
29% 1 29%
120
21%:
16%
25%
4 Va
67%
'
42 ' •;
8,000
;
7
Aug 23
Sep 13
18% Jan
$6.50
*33%.
.
15 "
:
V
16
25%
4 77 ■'■•'•'
*66
20
*74
.7 40
60
20% Jan
Mission
107..%,
X44% 745%"
21% 722%
16
25%
3%
*114% ,115
115
*40
:
'35
*34%
21%
14'/8
67 »A
*19%
74
74
*114%
*8%
;
.
10
V"
176
6Va
34%
Aug
19 Va July
162
Apr
27%. Mar 26
2
101
7
July 17
10
200
1%
7;
107
45%'
35
;
.16
26
26
3%
.
20%
*19%
7
:
•7"
,'P.
3%
.
1,200
1st
19
7% Jun
par
Steel
cum
90
43% July 16
1
19% Jan
.5
4,000
18'A
,
116%
*117%
120
108%
44%
45%
V *33%
*15% A 15%
25%
25%
*66
7
.72%
•
15%
?
118%
5%
29%
'"
44%
14%
*15%
Products——No
5%
77% 7 78%
-
•
1ib%
*115
120
:
6%
78
109
22%
*14%
Petroleum—
Midland
:•■■; 89%; 89%
18 Va
18 Va
29%
Vv
116%
45%
44%
.
35
21%
Mid-Continent
600
-
Jan
32
5
38% Jan
5
11,400
107
.
*6 %
•'.
Copper
7
Co
'
IO8V2
;■;; 1%'"''"7'i%"''
1%
S 6% <
*117V4
7;
'
•
*107
*115
;■
109
1%
6%
Machine
7,':"
108%
89%-
.
Mesta
26%
15
May 27
11
5
No par
Co—
Miami
107
;
&
1,600
'
>
Mln Trans
Merch
Oct
Jan
U%
No par
$6 preferred series A.—.No par
$5.50 pfd ser B w w
No par
Melville Shoe Corp.—-u——7—1
Mengel Co (The)—
*
—:•—1
5% conv 1st preferred
50
72,700
'
116 Va
*117%
*107
•
;i%
6»A
;
-
Jan
11%
12%
Jan
Mead Corp.
Jan
Nov
Jan
12%
1
-100'
2
8% Apr
17% May
3V» Sep
22% May
5
104
4%
Dec
16%
.,
July 14
24
9
21% Feb
-
July 13
18% Apr
13
i
%
"
18%
18%
18%
1%
28%
preferred
conv
3%
Jan
100
—71
Co--,—
2% Jun
4% July 14
2% Jan
—No par
6%
28
* 7 0Va
.
'^.sIV- •;" 5'3/4::
*87
•
'
44%
550
'1,500
28%
.
*118
'
5%
89Va
•-'■■•..
28'7
108%
108%
';
5%
*87
89%
18%
7
'■'■7-
77%
*115
120
109
*33'
: 26%
-634
27%
73
*106 77 107
111
28%
77%
116%
*117'A
7
27
'
1%
r
' 6
.
;76%
*107
1,200
3,700
35
118 A
72%
107
108%
18%
1%
7.
118
72%
107
;; *85
89%'
7-17%
1%,
6%'
..
31%
28
29%
*107%
5'A"
5'A
*85
86
18
130
7 8%,
,
7
6%
;
28%
*103
v-
Stores
4%
5
May
11% May
• % Mar
Jan
37
Jan
x6%
5
xl77.
Jan
165
7
.—No par
—No par
$6 1st cum preferred——No par
McCall Corp
*
McCrory Stores Corp.:
1
5% conv preferred w w__
-100
McLellan
2% May
23
19% Nov 26
par
Mclntyre Porcupine Mines.;
McKesson & Robbins Inc.
11
Sep
> 6%
3% Jail
22
Maytag Co
$3 preferred
6%
3,400
110
28
727.:;;
6Va
-27%;
118%
•'
5% "•':
86
700
83
357;.
*28'A;
70%
7
;;•.:
Jan
Jan
Mar 15
.
8% Jun
.•'■'
31% May
1Q0
.—10
May Department Stores
McGraw-Hill Pub Co_^
67
7
.
31 Va
8V4
77
29
28%
.
*118
118
68%
108%
28%
,
77
'35
-
28,%
•
1%
77 67
8%
;-7: 27
6Va
;■
6.-7
3-V;
28
27
27%
27%
6
;7
6.
7;
27%1
V
27% '27%
*26%
29
Jan
19
6
19% Apr
14% Dec
.-No
McGraw Elec Co.,
'
27%
*27%
7%
34%
27%
12
9Va Jan
——1
Wks„
1,700
8%
*79 »A
' V
<31%
31%
8%
*26
•
-
i
68
31%
*34
:
vvv
27%
'•'
•'7%
7%
.'7<
7%
7%
:33%
25%
;;
•:''' 783
31%
32
*31%
83
;
'78%.
8'A
67
67%
Jan
Dec
Jan
9
par
——.No par
No par
1,100
'1,400
113%
*111
113%
8%
83
67%
83
68
M0%
10%
*111
8%
13%
2
3 Va Jan
,_1
-—7,
Co_
';
'
8%
8
'
33%
c,
;
10%
*111
10%
113
10
*110%
113%
"
10
Nov
320
Nov 29
1% Jan
'
-
9'/a
24% Mar
14% Jan
"
25
*14%
.
700
*33%: 733%
*105
'
16
*111
113
24%
14%
46%
*14
4%
19 Va
14% May 19
6% Jan
Co.
Masonite
1,300
33%
xl6
L)
Martin-Parry Corp
Corp.:
3,300
'
prior pfd
Ry 6%
(Glenn
27% ; 27%
112 7;
19%
16%
*111
113
*111
'
33%
19%
16
46%
14%
22%
19%
7
St
Corp——
Mai shall-Field & Co———No
;.-.'37% 7 38%
•
;4%'
;
*105
112
24%
24%
24%
46%
16
4%
.
33%
*33%
*105
19
.15%
113
>111
113
24%
*14'/a
1*18%
15%
15%
,
V"
112
18%
18%
15%
5
33%
33%
-*105
112
19%
*15%
4%'
,
33%
33
110
*18%
4%
4%
■
32
*105
5
-
Midland
"5,200
"
5
21%
17
.
Jan
Apr
Nov
3% Jan
—1
;
5
-100
131
17 Va
4
315
Dec
-30% July 15
Jan
l
No
>3,080
"4%
•-
<
:i74^;:0
53 Va
,
122
35%
2
par
25
——
—
Exploration
Marine
18,400
,
Co
Co
14%
'.v.; 14 Va
.;
53%
15% Apr
6
8
28
26% Deo
37% Jun
15*.
10
—,-50
Bros——
20%
20 Va
*170 ;
174
*170
•'.
5%
Sugar
27%
27%:
27%
138% Nov
2
10
—i_
12 7.13%
••
38
7*37%
39
,
;
174
*170
•v
.7' f
3
;■
13%
14%
14
8
•
Jan
19% Jan
—No par-
Manhattan Shirt
800
18%
.*18
,
Manatl
3,700
;
1
12
14
Co Inc.
Mandel
6 Va
*10% .12
77' 3
6,7;
',5%
•
12
13%
V
400
•7; 76%;
3%
1
—
•
'
53%
53 Va
53 Va
53 Va
/.
174
21
12
13%
37
25'A
174
Madison Square Garden.——No par
7
12
Va
18
6%
6 ;
25'A
25%
21
■/;
6
15
37%-;
*170
1,500
"
12%
''•.•4%
4% ;
37%
* 25 Va
*25 %
14%
tj.
*300
6 Va .7-
.
10 Va
2 Va
2%
13%
15%
15%
15%
18
11%
14
37Va
7
12
18
2%
;-5%
•>
12%
13 Va
4% V 4 Va
37
14
'
■
'
•■"'
11%
13%
'
17%
2,000
Macy (R-H)
'
6
6
13%
2%
;*2%
-11%
11%
17%
2%
-
'
2%
•.
6%
*
28
-
Trucks Inc
»July 22
133
27%
V 400.',
*300
6%
*10%
12
-
'••
400
,
6%
20% Jan
10
-100
No par
Mack
32%
32 Va:
,•
14-.
15 Va
*310
•'
Forbes
3,500
138 :c, 138
;
•
15%
•
•
&
preferred—
6%
'
;.
;27.%7
14 •>.'
15% \
'•15%,
14%
14%
6%
:■
*10
17 V4
"',17%'
17%
,
*2%
15%
6 V4
%...
11
,*io%
*10%; .11%
*17
6
400
*310
400
:
6
.
.15 V4
15%
15%
*310
:
■
g
33
MacAndrews
40
7" 27 V4
•VV'-V'
138
-
*27%
.27%
*
14%;'
*13%
14
14---V:-
14 Vt
v32%"
27%
28
'
14 V4
*135;;''!
33%
.
24%" 7
7
•24%
138 V'
*135
138
31%
31%
>
*'
24%
*135
138-
'30%
.
-
24 V*
%
Jan
7
Jun
3
2
Sep
53
Jan
77
Jun
25
50
Jan
63
Feb
15
Jan
23% Jun 26
11%
Jan
17
Dec
62
Apr
79% Sep 22
117 •' Aug
4
11% July 19
V
•«
2% Jan
—
111
July
5% Jan
;
May
69%
108% Sep
4% Jan
113
27
1 % Feb
11
15 Va Jun
7
Jan
Dec
6%
Nov
39%
30% Jun
Feb
44
12
34% Jan
49
Feb
N
7
Va
10%
*%
%
10%
7
Va
,
*%
r;
10'A
10%
10 %
27%
25%
25%
13%
13 Va
27
26%
:
*26%
13
*8%
13%
8%
8%
*10 Va
10'A
9%
x9Va:
9%
20%
20%
v
*162%
165
*162%
20'A
"17%
7,7 8%
8%
*10%
10%
*11%
11%
11%
.
9%
9%
9%
2,900
:20%
20 Vb
20%
10,300
18%
,
8%
8%
28%
28%
11%
11%
-.12%
12
12%
18%
19
18%
19
18%
19
19
13%
13
13%
13
13%
13%
13%
13%
30%
27%
27%
8%
86%
55%
55%
11%
12
12
'
.
.,.,
12%
'
28
28
28
28
79%
79%
78%
85%
16%
.
X28
'
5%
5
*8%
8%
7.
11%
•!
28
12%
; ,.-12%
12%
*20%
'21%
*96
100
:5%
r,5
*48%
*110
50%
114
*96
-
50%.
13
21
114
*110
27%
17 Va
18%
17%
18 Va
12%
13%
13
95%
95%
*95
For
footnotes
see
13 Va
97
page
2379.
142
*139
142
*138
140
*138
.
=.
17%
28
18
17%
28%
,
56%
.12'/a
6.7. 756
12%
.
•
6 Va
6
-
.
22,400
■
140
-
.
:
6 Va
14 %,
7 5%
,9
21%
51%
*110
-
*96
,
51%
•
25
5%-
■
,
27%
27%
28%
28%
*111
.17%
18%
18%
18%
18%
18%
12%,
13
12 Va
13
95
95 Va
96%
,f
•
12%
13
96 % ; 96%
..
*96
.
•
■712% '
,96Va
"8,300
9,100
500
4
14% Jan1 2
6% Jan
13
9 V, Mar
16
14% May 10
6%
21% July 23
12%
Apr
<15% Sep
20
4%
Jan
Dec
3
Jan
2
20% Dec
10
10
14
preferred A—
.7100
preferred B
.———100
160
National Lead Co
6%
National Power & Lt
$2
6
conv
5%%
Corp.
(The) Pa
4
-No par
25
—10
,
Jan 13
12
2
146
Jan
4
29%
36
7% Jun
7
Apr
Apr
43% May
54
36
Jan
64% July 14
5% Jan
15% May 28
57-.
Jan
80%Jun
62
Jan
88
Jun
2
No par
2% Jan
—No par
conv
—,1
serial preferred—,100
—No par
-100
10
Newport Industries
1
Newport News Ship & Dry Dock—1
$5 conv preferred
No par
(J J)
5% preferred series A
Newmont Mining Corp
Newberry Co
6
7% May/ 8
5
19% July 14
10% Apr
Jan
9% Jan
Oct
1
74%'Jan
98% Nov
10
Jan
57% Sep
17
16
37.
25 Va
Jan
106% Mar 31
26% Jan
10% Jan
2
12
12% Dec
1
94% Nov
8
Jah
17% Mar
14% Jan
—No par
Jan
Dec
preferred——j.,—40
preferred
—100
preferred——100
National Tea Co
Jan
13%
2
1
prior
Dec
Mar
May 27
28 Va' Jun
prior
16%
168
22
17
72
Mar
13
Nov
Sep
May
Jun
Nov
Nov
6%
28
14% Jan
2% Jan
9%
26
18
129
150
52
Apr
15% Aug
7% Nov
145
6
27
11%
Jan
Dec
"9% "Dec
'
178% July 13
Jan
137
60
20
Sep
90% Nov
4%%
18%, *18%
Nov
Jan
4
Neisner Bros Inc
10
5%
3% Jan
11
70% Jan
Nehi Corp
5,300
Dec
-NO par
$4.50 conv preferred—
Natomas Co
'
16%
3% Apr
7,200
'
Apr
12 Va
4
3
4,500
.29
Jan
13% Aug 23
5
.
Oct
166%
•11V4 Jun
9%
114
'28%
29%
24.
Oct
16 %
May
12
6%
400
9
29 Va Sep
9%
May
Jan
1,200
753% ','•53%
.
10% Sep
4
-
6Va May
13
140
14 % Mar
*
21%
24
3
5% Jan
.
21% Jun
Dec
34% Oct 26
National Supply
100
*96.
12
Nov
Nov
8%
29% Sep 30
National Steel
590
16%
5%
Jan
15.
National Oil Products Co..
7,400
176
Jan
.
Apr
5%
14
".No
Nat Mall & Si/I Cast Co—No par
.
13% July 7
23
July 16
Sep 14
8% Jan
15% Jan
162
3
17 % Jan
14%
5 Va
*20% i
111
27%
v
8%;
21%
*51% 7 54
25
8
12 Va July 14
x25% Jan
5%
147
14,%
7
:
Oct
11% July
8% Feb'
par
preferred-—
13,400
78
77%:
.*83% 7 85
•
V 100,
"Mil
114
\
9 Va
9
14%
*20%
.
100
*96
.
.
14%
■
;
.
19%
Nat Enam & Stamping—. .No par
—1
National Gypsum Co
10.3Q0
3,300
;
.
13% May
8% May
17% Apr
1,100
29
v
■y
Oct
Nov
1
Dec
9% Jan
3,500
'•18%
7
19% Apr
13
18% Jan
12
Oct
par
No par
.No par
-10
Nat Distillers Products—
3Va July
29%
2
23% Jan
—1
Co—.
Dec
Jan
16 Va May
6% Jan
7-1
1—No
Dairy Products
6%
60
5
'
78
85
Nat
7%
56 %
56
12% 712%
-25%
x25%
X76%
^ *83%
79 V4
85
-
;
*20V2
-
114
■
56'A
•'•
..,■12% ;12%;
28%
27 Va
*84
14'A
50%
;
"
Share Corp—No par
National Dept Stores—
170
28%<
7.; 28%: 728%
6V9
56.%
i
78%
21
95
; 20%
,
&
Cash Register
Nat
60
-
79
85%
100
xl2%.
>
18
18 %
.7 18%
•
28%
6
56%
7 12%
28 Va
*96
,
20
12,200
9%
88
*169
*20
*110
7,9%
170
7" 13%
27%
600
*169
8%
*48%
14,000
;.'
*87
•j
7:
20
-
3,100
31%
170
8%
50%
27%
Xl9%
.
7
•
-86%
10,400
■'
5
-10
—
preferred
Bond
-10
.100
National Cylinder Gas
7,12%
*167%
•8%
•
%_
.
1
National Can Corp„——7— „10
100
170
5% ; <5%
100
*27%
20'/a
19%
20 Va
86
7%
Nat
—
Corp
900
;
27%, '27%
■
.
13%
31%
-
•
9%
9%
9%
86%
,■
5 Va
.
8%
*20%.
i
78%
*84
8%
*85
28
7
Aviation
National Biscuit Co
4,600
20Va
*11%
11%
.; *27%
28
77:7 8%
5% ;; 6
'56
■A 85%
■;*84
*5
•'
*139
79
*84
8%
:
:
.
31% •7 31%
31%
*27%
86%
19%
*27%, .28
•5%;
55%" t 56
5%
5%
27%
86 Va
*167%
140
.17% ■717%
*16% '..17%;
27%
*27:%
•
170
.'■.140
141
*140
7
.19%
*167%
170
30 Va
preferred—.
National Container—
'
13%
11%
-12
*11%
12
30%
12%
19%
19.%
1
.8%
8"%
,86
•
719%
19%
19%
*167%'
86
27%
27 Va
27%
8%
8%
*85%
30
30%
30
7
*11%
12
*11%
12%
30%
7
,
12%
13 Va
12%
18%;
5,200
12%.
11%
12%
12%
5,200
11%
11%
7
100
■
conv
National
300
,
8%
28 %
12'A
11%
,
28%
':•;' 8%;
8%
28%
28%
168
•18%
18%
18%:
13%
*11%
*164
166
7
*18
6%
1,000
9%
166
Co————
Acme
1
3%
40% Apr 29
5% Jan
St. Louis— .100
Nat Automotive Fibres Inc.—
xl9%
18%
.12%
V
9%
166
&
5,700
,
9
10%
10%
Chatt
Nashville
% Nov 29
par
Corp——— —5
2,400
13%
;■ 8%
,
No
Liquidating Co
Nash-Kelvinator
National
20%
*17% 7
8%
28%
18
10%
12 %
*12
320
9%
8%
28 Va
11%
*11%
27 Va
.
36,000
20%
18%
y4
8%
;
8%
*1627/a
28%
7
13%
8%
*10%
165
8%
8%
13%
13%
.9%.
20%
28 Vi
*17%
18%
8%
28
11%
13%
•
8%
•"v
10%
28%
*17%
r
'
9%
163
163
*27
29
28
13%
13%
8%
20%
" 9%
20
.
13%
10%
10%
10
.
28%
%
11%
11%
xllV4
»%
•
'
8%'
8%
11%
,77
7-' %
'7%
■
10%
10%
26%
%
>.%
V8
114
Aug
5
1%
4
9%
6
Jan
Jun
16%
Feb
63
Feb
May
70
Feb
2% Mar
4
Oct
Oct
9Va
Feb
5% Mar
9%
Dec
4%
11
Jan
17
Dec
70% May
28
Apr
75%
Sep
39 %
Dec
Mar
110 Va
Apr
104
Dee
30%
Feb
7% Apr
ll3
Jan
15%
Dec
2o-
Jan
93%
Dec
109 Va
Jan
21% Mar 30
May
Oct
6%
51
22%
102
Jan
May
45% May
8
19% Oct 25
37% Apr
3Va
Nov
Monday, December 13, 1943
THE COMMERCIAL & FINANCIAL CHRONICLE
2376
LOW AND
Dec. <>
Dec. 4
I
S
share
per
per
15%
15
19
56%
12%
*11%
33
*30
•
12%
*30%
34
•129%
128%' 128%
*128
■
•
•.
15%
15%
16
15%
15%
18%
19%
19%-'
19
19
19
20
57%
58
58%
58
58
58%
61%
23%
22%
22%
22%
22%
22%
23%
11%
12%
12%
*11%
12%
12
12
33%
*31
131
30%
*29%
50%
50%
3/4
%
%
130%
2%
2%
2%
2%
%
%
*%
%
»A
%
%
%
13%
13%
13%
13%
13%
13%
32%
32
32
183
183
184
182
123
*120
123
*121
*31%
33%
*31%
*31%
32%
100
180
130
121
121
181%
180%
*120
121
15%
15%
15%
*120
16%
16%
16%
16%
54
*52%
53%
52%
52%
52%
X52
52
54%
55
53%
52%
52%
9%
8%
8%
8 VB
12%
12%
*112'/a
17
,16%
37%
38%
*38
4%
4%
*4
9
*101
♦101
13
13%
18
*39
39
*36
4%
39
4%
4%
4%
4%
38%
*39%
40%
*39%
*13%
14
*13%
13%
•
13%
13%
137/B
4'/a
40%
10
13%
*13%
600
17
17%
16%
'17%
17
17%
17'/a
17%
17%
17%
17%
41%
41%
41%
41%
41%
42
42%
41%
41%
41%
42%
^
6%
6%
6%
6%
6%
6%
X6%
6%
6%
7%
?
102%
102%
*8%
9
*8%
17%
17%
17
*148
*150
153
64
*32
32
*31
31%
*31
31%
*60
64
*60
64
*61
64
31%
*61
*61
64
*61
14,900
■
1
153
*30%
>
31%
64
t >
•
56
56
11%
11%
11%
55%
56%
*10%
56%:. 57%:-
11%
57%
11%
11%
11%
9%
*8%
6%
11%
*10%
57%
11%
1
9%
49%
48%
8
36
Jan
60% Dec
110
80
May
109
Feb
23% Dec
3\ Jan
% Jan
54
Jan
1
Jun 10
Mar 1
Mar 1
Mar 3
May 7
July 9
."
16% Dec
13
Sep
%
Oct
30%
Jan
23 %
Dec
192
Mar
Mar
Jan
116%
Sep
11 %
Nov
6% Mar
39
39
Oct
2%
% Jan
19
Jun
15% Apr
143
108
Feb
52%
Apr
Jan
Jun
8
Apr
53
Jan
14% Apr
6
8
9% Dec
14
Jan
2
85 % Apr
Dec
101
18% May
116% July
23% July
6 7
8
41% Aug 18
6; July 22
45
Apr
7
14% Oct 28
6
x3% Jan 14
Jan 15
8% Jan 6
11% Jan 13
29% Jan 6
3% Jan 2
< 69
Jan 2
3% Jan 2
15% Jan 8
142
Jan 5
Y 28% Jan 15
46
Dec
Oct 11
Nov
56
31
4
6%
7
May
12% Apr
18% July 21
56% Jun 4
7% Jan 2
107
Jan 2
15% Jan 19
pfd.No par
No par
50
No par
—50
2.50
.
51
Feb
15% Jan
4
2
192% July 14
122
Nov 4
2
5
Jan 7
Jan 5
Jan
5
Nov 29
91% Jan
50
100
—
58
56%
50
-
;
57%
56%
X
*—10
50
4,200
>
>
18%
>150
31%
31%
162% Jan
113
Jan
100
100
May 22
53%
2'/a
6
1%
26%
38
28% Jan 6
Jan 2
1% Jan 4
'
Jan 4
12% Nov 30
23
Jan 5
18,800
9
18
; 153
*150
153
*8%
8%
18%
18
18 A
*31
105
8%
9%
17%
17%
103%
104%
*8%
9%
17%
17%
104
102
*8%
9%
153
*148
152
*148
99%
100
95
94%
*933/4
7
101
Ohio Oil Co
No par
Oliver Farm Equipment——No par
Omnibus Corp (The).u6
470 •
8% conv preferred A
100
k
100
Oppenheim Collins.
No par
> ■ 6,600
Otis Elevator
No par
___;■
6% preferred
—100
;
200. t ; Outboard Marine & Mfg
—5
>
Outlet Co
.
No par
3,400
Owens-Illinois Glass Co
12.50
17%
41%
6%
Telegraph
Norwalk Tire & Rubber
Preferred
„
Norwich Pharmacal Co
900
V;
;
pfd
Northwestern
180
4%
13%
13%
13%
3,100
*39%
4%:
non-cum
Northern Pacific Ry
Northern States Pow $5
Northwest Air Lines
70
18%
40
Western Ry
North American Aviation
Northern Central Ry Co
24,800
112%
18%
40%
132
North American Co
6% preferred series
5%% preferred series—
20
14%
*39
Y
34,000
101
13%
&
Adjust 4%
800
8%
*112%
18%
40
38%
4%
*26
600
*
40,700
52
101
*
112%
18
40%
*38%
38%
38%
112%
17%
52
13%
8,000
Y
53%
x8%
102%
13%
18%
18%
16%
*53
9%
*101
14
112%
*112
113
17%
38%
102%
13%
13%
112%
;
17%
9%
9%
9%
8%
113
113
113
*16%
*52
101
101
101
183%
*121
54
55
12%
13%
16%
*51%
800
.
32%
54
*53%
*100%
13%
32
15%
Jan 22
.—50
Norfolk
13%
32%
54
131
30
13%
*32%
16
7
820
3,200
2%
%
183%
63% Jan
122
2%
122
—50
185
%
13%
12% Dec
30% Dec
N Y Lack & West Ry
4,600
2%
26
4
2
300
%
2%
5
6% Jan
16% Jan
Co———100
tN Y N H & Hartford
100
Conv preferred
100
IN Y Ontario & Western
100
N Y ShipblCig Corp part stk
1
Noblitt-Sparks Industries—.
5
%
May 5
26% July 23
14% Jan
Dock
$5 non-cum
___
%
%
York
N Y & Harlem RR Co
10f£ non-cum preferred—
760
%
%
*
....
51%
%
13%
74% July 24
90
'
,
*51%
50%
2%
2%
31% Jan 27
200
34
*129
100
New
600
32% Feb
12% Oct
17% Feb
23% May
6% Jun
11% Jun
35
Dec
10% Jan
20
No par
No par
preferred——No par
N Y City Omnibus Corp
1,600
51%
51
27% Jan 2
10% Jan 12
11
Jan 27
5,500
/
44% May 29
No par
No par
100
B% preferred series A
1,800
$ per share
$ per share
New York Air Brake
New York Central
N Y Chic & St. Louis Co
1,000
31,000
■
130% ""
129%
*129
50%
78
2%
*35%
130%
*129%
*128
51
51
%
2%
36%
*30
33%
*129%
*128
51%
51
•
130%
30%
*129
*128
.
*35 %
16 %
11%
23 Vs
*11%
36%
15%
23%
57%
X22 %
23%
35%
Year 1942
Highest
■
Lowest
$ per share
t per share
Par
Shares
36
35%
57
19
56
EXCHANGE
* per 'share
$ per share
share
per
Range Since January 1
Lowest
Highest
NEW YOHK STOCK
the Week
15%
15%
18%
23%
<
Sales for
Dec. 10
-
,
*18%
15
*17
56
Dec. 9
Dec. 8
shan
per
35%
&
34
34
t
share
Friday
Thursday
Wednesday
Dec. 7
Range for Previous
STOCKS
HIGH SALE PRICES
Tuesday
Monday
Saturday
6%
Jan 22
54% Jan 12
Sep
17%
Dec
38
Mar
3%
Dec
34
Oct
10%
•
Jan
Apr
12%
Jan
2%
59
105
Nov
30%
Dec
Jan
17
•
Jan
8%
110%
7% Sep
21% July 19
50% July 2
8% May 22
Dec 9
10% Jun 7
21% Jun 2
154
Sep 15
38
Apr 8
67% Oct 18
64
July 2
96
4% Jan
100
Apr
8
Apr
31% Apr
1
Jan
20
Feb
6%
Jan
Jan
79
2% Apr
11% Mar
132
4%
Jun
43%
Jun
Dec
143%
27%
Apr
42
Jan
•
17%
Mar
xl6%
Dec
Apr
48
Sep
Dec
Mar
^57% Dec
Y.:;vP
*7%
*58%
*7%
8
40
*15%
*12%
16
29%
253/8
115%
25
114%
*150%
152
*150
17
16
30%
30%
40%
40%
25%
114
115%
*42
18
*16%
*12%
16
31
31%
41
41%
40%
40%
26
26%
26%
27%
115
115
*114
116
*115%
*148
149%
*148
149%
4%
4%
4%
4%
4%
4%
47/b
4%
4%
13%
*12%
13%
*12%
12%
12%
12%
12%
3%
3%
3%
29%
30%
30%
*9
*9%
10%
*110
110%
*103%
,1
3%
32%
31%
*g
10%
110%
10%
*9
*110
110
*9
10
110
110
110
2%
2%
2%
2%
45%
*44%
45%
*44%
45%
*44%
45%
*103%
24%
23%
24%
24%
24%
x23 %
53%
54%
55%
59%
59%
63%
*103%
104%
1%
30%
1%
1%
1%
1%
30%
30%
30
30%
30%
18
18
18
18%
18%
*17%
4%
4%
4%
1%
1%
30%
*4
4%
4%
*1.9%
53%
4%
4%
20
20
20
*53
4%
*52%
19%
20
20%
20%
53%
52%
52%
52%
52%
97%
97
97%
97%
97%
13%
13%
13%
14
13%
14
*7%
8%
7%
8
7%
8%
8%
2
2%
2%
2%
2%
*2%
23%
69
62
i%
1%
30%,;
30%
30%
18
18
18
1
%
■
21 %
21
20%
53%
52%
52%
95
96
95%
14%
14%
14%
14%
8%
8%
8%
8%
2%
2%
2%
2%
2%
36%
36%
•
2
37
*36%
116
*37
37
37
*15%
16%
*15%
*113
37
37%
*15%
16%
*15%
16%
*113
116
*113
*113
116
37%
16%
37
*15%
*113
116
37
8%
16%
*15%
16%
116
*113
116
'
247/8
24%
25%
25
25%
22%
22%
55%
*55%
55%
55%
*4%
6%
*4%
47%
47%
48%
9%
9%
25%
*21 Vs
*21%
22%
*55
49%
29%
*27%
30
*25 '
2534
*25
25%
*7%
47
7%
7%
56%
5
47
*27%
*47%
25%
30
8%
7%
*25
8%
8%
M.
;
25%
8%
7% '
7%
7%
7%
20%
20%
20%
20%
20%
20%
20%
21%
43%
49%
49%
49%
49%
49%
49%
50
7%
7%
*7%
*7
*21%
22%
56
*55%
56
5%
*4%
5%
51%
50%
51%
9%
10
10 %
47%
48
29%
29%
*25
X
25%
*21%
9%
10
9%
25%
22%
x50%
53
9%
25%
56
47%
48
49%
*28%
29%
29%
31%
*25
25%
8%
7%
21
*49%
*25
8%
8%
7%
7%
21%
20%
50
49%
88%
89
89
89
87%
88
88
88%
88%
89
88%
20%
20%
20%
20%
20%
21
20%
21
20%
21
20%
24%
22%
*24%
24%
78%
,
24%
80
24%
21%
79%
.
24%
24%
24%
22%
24%
22%
79%
21%
78%
22
2434
21%
24%
22%
23%
22%
23%
80%
82
82%
82%
107%
*106
107
*106
107
*106
107
107
107
*111
114
111%
111%
83
107%
106%
113
*111
113
*111
114
112
*10
11
*10
11
*10
11
11
11
*10
12
*10
*88
93
*88
93
*88
93
*88
93
*88
93
*88
44
44%
5%
5%
101
5%
101
23%
*101
*104%
120
434
*4%
51
*4%
•
*5%
5%
*5%
6
*101
*23%
23%
*104%
120
4%
4%
53%
53
52
51%
5%
43%
44%
110
23%
23%
*10434
*
43%
5%
6%
44%
*5%
6
*101
110
23%
23%
*104%
120
4%
4%
55
55
5%
5%
*68%
72
69%
69%
69
69
11%
69 %
*10%
44%
10%
11
10%
11%
11%
44%
6%
110
23%
120
4%'
55%
5%
69
11%
*111%
44
6%
110
23%
nn43/4
*4%
54
5%
44%
44%
6%
6%
*107
110
23%
23%
*104%
120
4%
4%
54
54%
5%
6
68%
68%
*11%
12
11%
68%
.
-
Pet Milk Co
No par
23
Feb
Petroleum Corp of America
5
.6% Jan
7%
'
400
Pfeiffer Brewing Co—
No par
X 5% Jan
21%v.
28,400
Phelps-Dodge Corp.
25
20
Nov
49%
660
Philadelphia Co 6% preferred
50
37
Jan
89
' .XY 390
$6 preferred.
L
No par
68% Jan
21
X '
7,700
Phila Electric Co. com——No par
18% Aug
24% Y
5,300
$1 preference com
No par
24% Oct
23%
12,200
Philco Corp
3
13% Jan
83
2,100 Y Philip Morris & Co Ltd
10
71
Feb
106% ''■
160 •'"
Preferred 4%% series
——100
104% Nov
112
X '•
20 <•
Preferred 4%.% series...
.100
109% Jan
12
'
■
100 i. Phillips Jones Corp
No par
7% Feb
93
YYY;
•
1% preferred
100
79% Jan
45%
12,900
Phillips, Petroleum
No par
42% Nov
6%
600
Pnoenix Hosiery
5
3% Jan
120
20
Preferred
100
,
70
Jan
23%
2,100
Pillsbury Flour Mills
25
18% Jan
120
Pitts C C & St Louis Ry Co
100:
102
Jan
4% :
500
Pittsburgh Coal of Pa—
100
3% Feb
54% '
' 2,600
> 6%
Preferred
100
34% Jan
5% Y
1,400 .'
Pitts Coke & Iron Corp
No par
5
Jan
68%
70 $5 conv preferred
No par
59
Jan
11% 5'
• '1,400
Pittsburgh Forglngs Co
...1
9% Feb
25%
'
;
13,900
8%
'
-
,
,
...
-
*165
173
*165
173
*165
173
*165
173
*163%
173
*163%
173
*183%
186
*183%
187
*183%
187
'183%
187
*181%
187
*181%
187
4%
'
43/8
43/8
'7%
4%
7%
7%
4%
4%
*7%
7%
*77
80
80
80
*45%
46%
46
47
*56%
59%
*57%
*10
10%
,
*165
*10%
173
*165
7%
*7%
*84
47
47
56%
10
.
7%
7%
85%
85%
88%
65%
65%
68
*64
*17%
17%
*17%
17%
*19
19%
*19
19%
8
*7%
56
173
*7%
65%
7%
8%
8
17%
17%
19 %
20
8%
*
7%
46%
57
10
*165
..
4%
*80
84%
85%
*63
7%
84
59%
11
173
4%
*80
9
10%
*165
8
4%
7%
84
47%
56%
107/8
173
8%
18
*19%
19%
*19%
20
—
9%
9%
9
100%
11%
11%
10%
10%
34%
34
34%
116%
116%
13
12%
13%
*56%
57
118
13
83 %
•
84%
83%
84%
83%
84
91%
91
91%
91%
92%
91%
83%
92
101%
102 %
101%
102
108%
108%
115
100%
101
101
101%
109%
108%
109
*114%
115%
114%
115
35%
36%
36%
109
35%
footnotes
see
37%
56%
118%
13
84
83%
108%
For
56%
118%
-
13%
90%
115
35%
•
84%
101%
.»
■
Y
-
92%
101%
109%
109%
109%
*109%
109%
>
*114%. 115%
*114%
115%
*114%
115%
*
38%
37%
38%
37%
38%
<
37%
,
v
Pressed
100
-
..
1st preferred
conv
2d preferred
Procter & Gamble.—
I ser
Y 120,300
*
I
,
-
.
No, oar
July 23
.
•
,
26% May 8
10% July 19
8% Jun 28
29% Mar 29
28
25% Sep 23
14
26% Jun
1
20
90% Jun
3
29
7
17
5
113
July
117% Jun
14
July
100
July
50 -Apr
7% May
110
Dec
26
May
102
Jan
7% May
59
May
9
Mar
77% Jun
15% May
30
4
1
3
26
3
9
7
8
20
3
30
5
7
9
16
18
4
8
8
6
25
14
4
8
2
4
8
Jan.30
Jan 28
14% Jan
2;
18
Jan 18
4
Jan
7
6% Jan
6
6% Jan 14
24% Jan
4
48% Jan
100
Pub Serv Corp of N J—
Pullman lnc—<
1% Jan
29
20
—No par
of Feb 1 '29)
page 2379.
.—5
50
No par
2,430 Y,
$5 preferred——,.
—No par
1,860
6% preferred——.
—100
1,430;
7% preferred—:
—+100
970
$% preferred
—100 ;
140
Pub Ser.El & Gas pfd $5—No par.
:
.
No par
conv
pfd
.
—.1
Steel Car Co lnc
5%
5%
Dec
7% Jan.
150% Jan
No par
Pocahontas
5%
'.
2,000 t
13% X Y' 22,200
91%
X
\
y
'
Creek
Poor & Co class B
700
117%
preferred—
Pond
•
100
*34
100
.100
5
preferred
B
Plymouth Oil Co
10,800
*10%
.
A
55
4
114% Apr
7
11% Jan
6
75% Jan 20
85% Jan
2
96% Jan
4
108% Nov 30
113% Nov 18
26% Jan, 2
Jan
9
Aug 31
6% Jun 7
.10% May 11
90
July 8
170
182
52% May 12
75
Mar 31
16% Mar 29
Nov 17
168
7
Jan
6%
Oct
Apr
25%
Apr
9%
8%
Apr
4%
16
25% May 20
x51% Sep 30
91% Sep 30
21% Oct 11
Jan 13
56
1
Class
;
4
12
30
4
2
23
168% Nov 3
Jan 21
Jan
4
4% Jan 13
59% Jan
5
24-
100
100
pfd—100
Pittston Co. (The)
•
2.800
v
xll
84%
101
9% .''
11%
11%
91
*
11
Pittsburgh & West Va
Pitts Young & Ash Ry 7%
80
11%
57
84%
9%
9%
-
34%
56%
90 %
•19%
20
•
v
1st ser conv pr pfd
Class
1,100
56%
12%
450
18
56
13
;
9,100 ;
17%
56
12%
Y
17%
11%
12%
8%
17%
34
12%
-1,400
17%
*11%
117%
5%%
20
175
4
,
.100
v<5% preferred class A
•
!
11
*116
Y
•
'
11
117%
8%
8%
•
Pitts Ft Wayne & Chic Ry__„„100
7% preferred.
100
Pitts Screw & Bolt—
No par
Pittsburgh Steel Co
No par
1% preferred class B
:
100
170
11%
173
•
660
86
33
*116
♦165
v
65 %
32%
117
11%
11%
X
57
63%
*10%
117
8
58%
173
47%
85%
10%-
56
10%
57
10
85
32%
57
*56%
*165
-"•46%
'
1,400
•'
•
67
*31%
563%
47
7%
81
*63%
*10
10%
46
*80
X85
103/4
10%
7%
7%
"-6,000
■
68%
32%
10%
4%
81
•
90
88
*31
10%
7%
4%■'4■
*66%
*10
10%
4%
*80
.
...
25%
5
5
52
51%
47
47
22%
56
5
*9
47
*45
*28
22%
55%
.49
.
9%
*9
25%
22%
*4%
5
25%
6% preferred
100
"
5,800 • Pacific Tin Consol'd Corp
1
; ;
' 1,300
Pacific Western Oil Corp
—10
:
19,500
Packard Motor Car
No par
'
" -22,300
Pan American Airways Corp
5
Pan-Amer Petrol & Transp
5
210
Panhandle East P L 5.60% pfd.100
i. 1,900
Panhandle Prod. & Ref
1
200
Paraffine Cos lnc
No par
4% conv preferred
100
"1 26,200
Paramount Pictures lnc
1
5,700
; Park & Tillord Inc.—
1
2,900
Park Utah Consolidated Mines—1
—
3,600
Parke Davis & Co
No par
'
700
Parker Rust Proof Co—
2.50
1,700
Parmelee Transportation
No par
2,400
Patino Mines & Enterprises
10
V%
500
Penick & Ford
^
No par
2,800
Penney (J C) Co
:
No par
2,700
Penn-Central Airlines Corp
1
2,200
Penn Coal & Coke Corp
10
1,200
Penn-Dixie Cement
No par
600
$7 conv pref ser A
No par
—
: Penn G1 Sand Corp
No par
•
5% preferred
100
*
21,300
Pennsylvania RR
*—50
200
Peoples Drug Stores lnc
5
400
Peoples GL & Coke (Chic)
100
300
Peoria & Eastern Ry Co
100
27,000
Pepsi-Cola Co
1
1,200
Pere Marquette Ry Co
.100
X
1,000 *
5% prior preferred
„
100
V 1,000
' 5% preferred
-100
...
96%
14%
14%
90
..
,
Mar 15
16% Jan 20
Jan 5
31% Dec 8
Jan 4
45% July 20
Jan 2
28% May 24
Jan 25
119% Sep 9
148 •, Jan
5
160
Oct 11
3% Jan 2
6% May 10
; 9
Jan 4
17% July 15
2% Jan 2
5
Apr
8
23% Jan 20
43% July 7
7% Jan 16-X 11% Oct
7
105% Jan 2
113% July 26
2
Jan 2
4
July 12
35'A Jan 12
45% Dec 4
100
Jan 22
106
July 2
15% Jan 12
30
July 10
17% Jan 22
63 % Dec
9
l%Jan 2
2% Apr 8
27% Jan 7
32
May 20
16
Jan
7
19% May 22
1% Jan 5
6 % May 22
16% Nov 8
29
May 6
52% Dec 7
60% Mar 4
80
Jan 11
100% Sep 20
14
Oct 13
20%July 8
3% Jan 6
9% Oct 14
1% Jan 6
3% Mar 26
33% Jan 4
45
Jun 29
13% Jan 6
17% Mar 26
108% Jun 18
111
Sep 21
23% Jan 2
32% Apr 5
17% Feb 9
24% Sep 20
46% Jan
9
61% July 14
1% Feb 9
7% Sep 27
28% Jan 6
59% July 23
5% Jan 6
16% May 18
34% Feb 18
58% May 20
19
Jan 27
41% May 20
.
4%
4%
4%
96
x95%
97%
-
20%
*52
44%
104 %
23
v
1
*17%
18
*17%
2%
44%-
24%
52
110%
*103%
104%
104%
23%
*103%
10
2%
2%
104%
32
110%
2%
*
5
6% Mar
13% fuly 6
.13% Apr 29
2
5
10
23%
33
19
91%
..
3%
x *9
'
14% Jan 13
.
13
3%
31%
30%
1%
1%
3%
32%
51
50%
30
3%
31%
2%
*103%
23%
50%
3%
31%
*44%
Y
104%
23%
■;
■'
*2%
45%
45%
10%
110%
*110
3
*23/4
3%
3%
29%
-
4%
4%
*12%
'
'
600
2,100
"
,
v
116 Y
150
13%
3%
6,600
31%
4%
*
870
>
16
31%
*12%
29
v
7% Jan
6% Jan
23% Jan
2nd preferred, non-cum—.No par ■
Pacific Finance Corp (Cal)
—10
Pacific Gas & Electric
25
Pacific Lighting Corp.——No par
Pacific Mills—:—;
No par
Pacific Telep & Teleg
100
960
340
'17%
Pacific Amer Fisheries lnc
0
Pacific Coast Co„
10
1st preferred non-cum— rNo par
400
, v-
;
44
44%
*149
114%
151
*149
151
*12%
41
25%
-
17%
25%
*40%
25%
*42
31%
30%
40%
8%
16
*12%
25%
*39%
115%
15%
*12%
16
15%
40
15
30
30
40%
*25
*12%
29%
*39 Va
*39
15%
15
39
•8%
43 /
7%
8
*7%
8
40
♦39
15%
11%
16-.
Oct
21
Nov
24%
Nov
34
Nov
:,Jan
15%
Apr
22% Apr
.
19
13% Jan
Oct
Oct
'74
Apr
101
Jan
121
Apr
148%
Nov
4
Nov
1% Mar
5%
Jan
1%
Jan
3
Oct
11%
Apr
27
Dec
6%
Dec
101
Jan
Oct
8%
Jan
106%
Sep
.
1
20%
9
Y
Dec
2%
,
Oct
Apr
Dec
Mar
90
38
101
Nov
11%
Apr
17%
Oct
14%
Oct
17
Jan
1%
Jan
2%
19%
Apr
29%
13% Aug
Dec
17% Mar
A Mar
13%
Jan
1%
Jan
29%
44
Apr
56% May
60
-
82
Nov
Oct
Dec
Dec
1%
Apr
4
Sep
1 Va
Jan
2
Jan
Jun
44
Jan
15
Aug
32
11
May
104
May
108%
Feb
Jan
25%
Nov
16% July
23%
Jan
36
47%
18%
Apr
%
Jan
2%
15% Mar
30
Dec
Oct
Dec
4
Jun
7%
36
Apr
May
51%
Feb
29%
Jan
18
19%
Jan
Jun
27%
Jan
4
Apr
6%
Dec
5
Mar
6
Jan
22
Dec
32%
Jan
28%
Apr
40%
Jan
49
Apr
76%
Jan
Jun
X14%
Dec
7%
55%
79
Apr
98
May
103
Jun
110
Nov
9
Jan
6% May
80
65May
30
1%
43
Apr
Feb
Dec
107% Mar
.j-
Oct
46
Dec
3%
Dec
3
May
Jan
65.
19%
Oct
May
15%
*4%
Sep
26%
Nov
38% Oct
6% Jan
Apr
4% July
56%
Dec
68
Jan
7%
Apr
10%
Nov
165
Feb
165
165
May
Dec
175
3%
4
May
Feb
Feb
5%
Jan
6%
Jan
47%
Apr
62
Oct
20
Jun
33%
Jan
Jun
70
Feb
;
58
6%
153
10%
Jun
153
July
Jan
July
8% Dec 10
Dec
8
Dec
7
21% July 16
90
68
23%
13
13%
13
Apr 5
Jun
1
May 29
Jun 4
40% Jun 3
58,. Sep 17
123
Feb 13
17% Apr
5
96 % Oct 5
107% July 20
114% July 20
129% July 15
122
Aug 18
40% July 1
11%
Jun
14%
15%
Jan
Jun
18%
Oct
3 % May
5%
Jan
5%
8%
Jan
8%
Jan
29%
Jan
Jun
6% July
22%
Jun
42
Feb
115
Feb
i
52%
Oct
122
Oct
9% Jun
•14%
Jan
Mar
86%
Jan
62
73% Mar
x99%
Jan
79% Mar
111
Jan
99
Mar
123
Jan
111% Mar
116
20% July
28%
Oct
Not
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4237
15S
LOW
!-■' S
$ per share
15V**112 Va
share
per
15%
15%
'
20
*11%
12%
15%
*109%
112 Va
112%
112%
112%
112%
*109%
114
102
102
102
102 V*
XlOl
101%
19%
19%
19%
12%
12%
12%
12%
19%
19%
12%
*11%
...
15%
114
•:
13
Lowest
Pure
(The)
1,500
200
Jan
14
104% Feb
100
preferred
preferred
Purity Bakeries Corp—
5%
$ per share
No par
100
92 Va Jan
par
13% Jan
2
22% Nov
.10
...
6%
1,300
};■-7'''
Oil
Year 1942
Lowest
Highest
I per share
Par
400
-
,
19%
*12
13'A
Range Since January 1
EXCHANGE
16,200
102
19%
19%
*12%
t'
102
Range for Previous
NEW YORK STOCK
1
,
Shares
$ per share
16
15%
c
102
the Week
15%
16
15%
19% * 20 V8
no
t per share
Sales for
Dec. 10
Dec. 9
102 V*
*112
102'A
s
Friday
Thursday
Dec. 8
,
$ per share
per share
15%
15%
114
102'A
Dec. 7
Dec. 6
Dec. 4
STOCKS
PRICES
Wednesday
AND HIGH SALE
Tuesday
Monday
Saturday
2377
10% Jan
4
15
conv
—No
Quaker State Oil Ref Corp.
II
share
per
Highest
f per share
Apr
11%
3
19% July 19
114 Va July 22
90% May
106%
2
107 %
80 Va
7
July 23
Deo
Dec
Jun
92%
Dec
5
9% Mar
14%
Nov
July 26
8% Mar
10% Oct
1
R
8%
•Ay
8%
70%
A:A
9Va
•:A
8%
70%
71
70%
8%
71
9%
9%
9%
71%
9%
71
■
71%
V.'
71%
...
9%
'
9%
X70 %
9%
*71
70%
Radio
50,100
7%
8%
8%
95
95'/a
95%
26
26
13'/a
12%
12%
29%
29%
*29 Va
14%
15
32
31%
27
26
7%
7%
7%
7%
93%
94%
94%
94%
25%
25%
25 Va
25%
*12%
13%
29%
13 Va
15
*30%
*25
V
'
*29'/a
15
*4%
4,%
18
15
84
A
26%
26%
13
13%
31%
32%
26
26
13 Va
13%
13%
29%
*29%
29%
15%
15 Va
15%
15%
5,500
32
4%
32
32
26%
4%
v;
'.
47%'-
45
48 Va
13
*12
13
13
13
*17%
18
*17%
18
18
18
15%
15%
15%
15%
15%
*83%
*83%
84
16
16%
*100%
*86%
87
AA 84%
84
63%
7%
8
17
*100%
102
■
16%
102
87
87
17
87
\
200
18%
100
157/a
8,700
t
6
6%
6%
81
*78
81
*78%>
8i%
*80
82
*59%
61
*59%
61
*59 %
61%
*59%
'■
6 Va
:
6%
23% May
5
20
.100
66'A Jan
8
20
Jan
8
6
*85%
\
&
A
-
Saratoga
60
61%
*60
;.:
11
7%
20
10%
10%
10%
11
11%
11%
11 Va
86% July 27
13% Sep 20
11
Apr
5
6
Deo
4
20
6
10% Mar
16
Dec
12
Jan
20
5
7 Va May
13
Dec
69% Jan
4
Oct
27
42 Va Jan
65% Dec
6
—1
4% Jan
10% Apr
6
89%
89%
89%
89'/a
89%
*88%
89%
270
8%
8%
8%
8%
*8%
8%
8%
8%
600
27%
27 Va
27%
26%
27%
26%
27
*36%
36%
*36 Va
36%
X36%
37
37
37%
13%
>:■ *12%
13%
*13
13%
13%
13%
13%
13%
10%
9%
10%
10
X9%
9%
27%
*36 Va
36%
*36 Va
36%
13%
*12%
10%
10 Va
*13
9%
13
*12 Va
*12'/a
6%
7 A
*6%
24%
13
•*24%
24%
13
12%
•
*45
47%
r-*m.
*%
Va"
A# %
%
*3%
4%
s3i/2
c* co
19% Jun
93
Jan
95% Jan
101% May 24
.100
73% Jan
14
88 Va Oct
70
14
%
•
:
%
%
4%
*3%
4%
*6
8
%
%
%
4Va
*3%
8
*6
8
*6
8
43'A
43%
.
*42%
*111
...
*104
6%
6%
35%
106
*104
112
111%
'
111
7,700
*104%
105%
*36 Va
38%
*36 Va
36%
•
' A'"
'
—
''
"
36%
38
37%
*110
*110
112
*106
*110
112
36%
37
36%
112
108
108%
*106
108%
36%
37
*111-
108
T7ff
%
%
1/2
i7ff
%
1%
1%
1%
1%
1%
1 %
1%
1%
21%
21%
21%
*2Va
2%
*2%
83%
83 %
16
16
*13
21%
2%
2 Va
84
84 Va
84%
85%
16
16 Va
16 Va
22
21%
2%
16 Va
:
*106
13%
11%
13 Va
65 %
V
*62%
11%
11%
*69%
71
*69%
9%
9%
*9Va
'64
11%
11%
71
*69
1%
45
45
45
25%
25%
26 V*
*3 Va
*'24
*24
25
10%
A
35%
16
1,800
86%
86%
86%
17 Va
17
17
86%
VA;
13%
*13%
*62%
16%
13%
63%
63
11%
t
5,900
10O
200
Shattuck
100
Sheaffer
3Va
3%
2%
,25%
25 Va
25%
24
24
24
10%
'
3 Va
25%
10%
10%
10%
37
37
37%
37%
16%
16%
16%
16
*24
10%
48
26%
37%
37 Va
16 Va
16%
A";
23%
30%
1,600
2,100
Smith
11%
11%
11%
12
11%
12
12
3%
3%
26%
26%
*138
*138
145
*140
145
22%
22%
22%
22%
12%
12%
12%
47,300
3%
3%
3%
3%
4,100
27 Va
22%
27 Va
*28
28 Va
28
28%
1,300
Southeastern
28%
28
28%
28%
28%
1,800
:
145
*136%
*136%
145
•
8%
V
22%
23
23
23
22%
23
Southern Natural Gas
14%
14%
14%
14%
14%
Xl4%
14%
1,500
23
23%
24%
23%
23%
23%
23%
46,500
18%
19%
19
19%
18%
19%
20
20%
19%
20%
19%
20%
18,200
Southern
38%
38%
38%
39 Va
39
39
39%
39%
39%
39%
■.v.-A- 39Va
39%
3,200
3%
3%
*4%
5%
*33%
24
36%
36%
34
24%
25%
36%
36%
,:.A
:■
5%
35%
25%
26%
25%
26
35%
36%
36%
*58
59
58%
58
58
.
5%
5%
53%
36%
*111%
61
*59%
A' 115
*114
*58
5%
52%
*114
*106%
107%
*106%
107%
*106%
28%
28%
28%
28%
*110
-
*110
112
112
360
*35%
60%
60%
60 Va
115
*114
107%
107%
*107%
29%
29%
*114
115%
29%
*
.
—.
\
*107%
'/
29%
29%
111
112
*109
112
114%
(■'59%
:•
600
35%
*111%
36
Conv
No par
1
■
;A
60
Square D Co—
5 % conv preferred
20
.
16,800
30%
Brands,
Standard
par
—
1
-100
No par
Wo par
No par
No par
Inc—.
$4.50 preferred
100
111
——
Squibb (E R) & Sons
$5 pref series A
$4.25 preferred
900
115%
108%/.
—2
preferred——No
$4.50
%
A A
%
*2%
2%
*33%
%
2%
34%
34%
Ai-ifAA.
35%
35
-v.
if A
%
A
AA, 2%
V 2%
2%
36%
<•''
10
if
2%
2%
42%
36%
42%
35%
•
41%
35%
35
35%
35%
35%
35%
36
35%
31%
31%
31%
32 %
32%
32%
32%
33
53%
54
53%
54 Va
53%
54%
54 Va
54%
54
38%
38%
38%
38%
38
38
38
38 Va
38
;
35%
31%
36
42%
35%
31%
2%
V
39%
40%
40%
V
No par
6 Va
19,400
Standard Oil of Calif
54%
54
54%
18,200
38
38
38%
3,500
25
Standard Oil of New Jersey—.—25
Standard Oil of Ohio
.25
Standard Steel Spring
1
6%
,
s
61
11 Va
11%
11%
9%
11%
10%
11
.9%
9%
9%
9%
9%
9%
15%
15%
15 Va
15 Va
15 Va
*15%
*15
7%
7%
8
7%
6%
.
6%
29%
62
29%
60%
*28%
6%
*28%
•
62%
12,100
.
12%.
11%
12 Va
5&v,
56%
56%
*122
125
*122
5
5
•'-5%
17
5%
17
*67%
70
12%
*55
8,800
Stokely Bros & Co Inc—
400
15%
8
8%
8,400
12%
13%'
12%
13 Va
13
13 V*
56,300
56%
56
56
56
56
1,000
*122
124
122
122
30
8
8
8Va
■
125
5
*122
5
5%
16%
68%
19
124
123
•
4%
5
5
123
5Va
5%
5%
5%
68%
5%
5%
5%
5%
17%
17%
17%
17%
69
69
20%
20%
67%
69 Va
20
.
20
20%
19
19%
19 %
*29%
30 Va
*29%
30 Va
30 %
30%
*8%
9%
*8%
9%
*8%
10
*8%
10%
*8%
10%
26 %
26%
26%
26%
26%
26%
26%
27
27
27
19%
"
*30
31%
'
*29%
*29%
32
..
-
J*
For
footnotes
see
page
2379.
17%
70
69%
*18%
5
5%
17%
67%
•:
5%
16%
5%
17
L S-.;
15%
9%
16
■
56.
7%
(The)
10%
10
'
12%
-
Starrett Co
4,300
11%
58
7%
Standard Oil of Indiana
Sterling Drug Inc
Stewart-Warner
Corp.
1,1%
V
800
2,900
''
12
56
No par
13,700
13,300
6%
11%
v.
$7 cum
—Wo par
No par
No par
33%
61%
6%
v
preferred
prior preferred
35%
29%
61
V
$4 preferred
$6 cum prior
35%
60%
6%
28%
60%
9%
15%
7%
42%
V
33
29%
6%
28%
61
10%
10%
*14%
28%
*60%
61
10%
9%
6%
28%
28%
61
41
3,100
-No par
Standard Gas & El Co..
2,900
3,500
'
6
5%
*28%
41 Va
%
2%
36%
41%
36%
43
36%
V'A;A'%
if
2%
if'
2%
5 Va
8,400
6
4,700
18Va A'
71 Va
-
1,000
20%
3,100
500
32
8%
8%
26%
26%
4,200
'
100
"
2,500
5%
Stone
prior
&
preferred.—
No par
10
5
1
20
No par
Webster
Studebaker Corp
(The)
1
-No par
Sun Oil Co
100
Sunray Oil Corp.
1
Sunshine Mining Co—.——-10c
Superheater Co (The)
No par
Superior Oil of Calif
25
Superior Steel Corp
100
Class A
pfd (4%%
cum)
Sutherland Paper Co..
Sweets Co of Amer
Swift 8s Co
(The)
Dec
4%
Jan
11% May
20% Aug
17
Dec
27
Nov
19%
Apr
30%
15% July
xl3Va July 14
45% Sep 22
Oct
—10
-12%
25
i
39% July 16
20%
Jan
Apr
15%
Nov
6% Mar
10%
Dec
2%
Jun
15%
Jan
25% Jun
2
15'A July 15
2
5
Apr
6
28% July 26
14
Apr
30% Sep
17% Jun
26 Va
Jan
122% Nov
144%
Jan
14% Apr
21 Va
Nov
Jan
149% July
15
2
25
10
8
6
9
1% Mar
14% Sep
7
6
11
30% May
10% Jan 13
15% Jan
5
10
Apr
9% Apr
12 Va
2
30% Apr
5
35 V* Jan
9
49% May
5
42 Va Jan
12
66
5
34%
2% Jan
6
2% Jan
6
Jan
4
*
15% Jan
33
Apr
6% Jun 30
6% Sep
61
18
Nov 17
21% Jan 26
34% Dec
23% Nov 30
35% Mar 15
44% July 24
32% Jan
56
,
18
May
60
5
Jan
7
33
Jan
6
109
Jan
28
49
Jan
10
3
Sep 20
8% Sep 22
Sep 13
2
35 % Jan
10
64
July 14
116% July 13
70
July 31
42
Aug 20
107% Nov 27
117
112% Nov 17
107
Nov 29
Sep
27
7
115% July 30
A Jan 2
1% Jan 4
9
Jan ; 5
10% Jan 5
28% Jan
8
28% Jan 12
46 % Jan
2
37% Jan 4
5% Nov 29
25
Jan
2
1% Apr
1% Nov
31
Nov
Feb
39
-
Oct
50% Mar
3
Aug
3%
Feb
Dec
59
July
17% Apr
24
Nov
21%
31%
Dec
Jan
30
Sep
37
Mar
49
Mar
60
Jan
2 Va Sep
29% Sep
27 "Va Jun
108
4%
Jan
•38%
Jan
Dec
114
40% Apr
109% Aug
113
89% May
110
2% Mar 13
Jan
45 Va
Feb
49%
Jan
Jan
30% Dec 3 0
100 % Jan
Jan
Jan
18 Va
18%
Jun
12% May
23% Jun
25
'
A'::
Aug
18%
Jun
2
'21% Jan
——
Spiegel Inc
7,600
114%
*110
y •/
5%
53%
*111%
*114
20
5%
*60 Va
112
*109
"
53%
114%
29%
115.
800
58%
6
X36
37
37
115%
107 %
28'/a
*113*
*58%
*111%
60%
17,200
35
2Va
Nov
19
132
7.50
preferred
No par
Spencer Kellogg & Sons
No par
Sperry Corp (The)
—1
Spicer Mfg Co
No par
$3 conv preferred A——No par
1,200
26'/a
37
54
53
54
53%
114
34%
30% May
10Va Apr'
Dec
Nov
7%
Jan
10% Jan
No par
...
$5.50
'
5%
5%
5%
36'A
Va
66
15% Jan
19
par
15
Spear & Co
600
5
9%
Apr
Apr
4% Mar
Dec
Jan
24% July 19
Sparks Withington
6,300
5
57
25%
36%
A
27% Nov
2
11
23% Nov
No par
5% non-cum preferred—100
Mobile & Ohio stk tr ct'fs—.100
Railway
May 29
15% Nov 30
;
37
34%
34 Va
34
34
*4%
*52
34
:
52%
4% A:A
■"
5
57
25%
35%
*58%
5
*52
34
114%
61
5
58
36
v
35%
v;
4%
5
*52
36
■
.
*111%
35%
114%
4
4 Va
3%.
52%
5%
52
*111%
34
4
5
57%
*51
52%
-
25%
V
60
*58
52
*59%
*4%
*52
34
v
60
5%
*51
3%
.
5
58
34 tv-'
24
*58
4
*52
*51
52%
4%
64%
22% Aug 16
Co.
Southern Pacific Co
*51
5
8
11
20
California Edison...—25
Southern
3,100
Jan
10% May 21
———100-
preferred
14%
58
21
28% Jan
2
22 Va
3%
20
20 % Jan
14%
*4%
8% Jan
Greyhound Lines
5
No par
22%
*52
60
South Porto Rico Sugar
14%
52%
Dec
11
22%
*51
62
2% Jan
14%
52%
73% July 26
16% Jan
22%
*51
4
54
—1
14%
52%
Jan
South Am Gold & Platinum
22 Va
*51
IOV2 Nov
Socony Vacuum Oil Co Inc
12%
'
22%
Apr
Corona Typewriter.Wo
3%
145
Nov
11%
8
18% Sep
No par
——10
preferred
—
Corp—
12%
*140
62%
Jan
17% July
25
6
4%
7
Iron
&
3%
145
43 Va May
12
———15
Steel
Smith (A O)
23
28%
Dec
3% Mar
13
9<
—
Skelly Oil Co
30%
27%
Sep
17 Va
Jan
Coalition Mines.
Sloss-Sheffield
23%
27%
lVe
10Va Jan
Wo par
X22%
26%
Sep 20
% Dec
59% Jan
No par
23%
26%
Dec
90
Dec
■h Feb
Apr
1%
Simonds Saw & Steel—
23%
V
10 Va
10
Sinclair Oil Corp..
31%
28%
1
4% Jun
28
23%
27
26% Jun
2
*30%
27
113%
Jun
8
16% Jan
*23%
*
Jan
V %
4
5
23%
26%
Jan
Jan
2
No par
31%
26%
Dec
116
16 % Jan
7
23%
*27
39
106 Va
v
Oct
25% Apr
109% Aug
1
2
c
20
&
Dec
98
2
30
23%
3%
1
Jan
May
2
Oct
30%
3%
Mar
19%
21%
78
Mar 23
4% Mar
Dec
Apr
% Jan
Apr
23
3%
112
4
Jun
Sep
12%
16
Jun
30
*3%
Feb
5
29%
V
115
7%
x9%
1
57
22%
*23%
Feb
29
30
23%
43
5
22%
*23%
Jan
4
22%
A-
110
104
3
14
29%
23%
Jan
2% Jan
21%
*23%
May
44
107% July 24
36% Nov 29
107% Jan 23
29% Apr
39% Nov
15
111
Sep
31% Jan
30
23%
Jan
10
47% July 24
114
Sep 17
;: 12% Mar 26
12
96
Jan
17% Jan
21 Va
*29
7
6% Nov 30
19% Jan
Jan
5
8
(W A) Pen Co—---No par
15
10
*23%
7
Sep
2
Mar
10% Jun
Union Oil
$1.20
Jan
% Nov
lVa
Mar 11
16% May
73% May
1,790
39
16%
13
7
3,300
37%
17%
9
8
8
Silver King
24,200
15
Sep
5% Jan
Simmons Co
300
10%
Jan
64% Jan
3,300
25
Jan
%
—.No par
(Frank G)
2,400
3
25%
X16%
.37% '
Shell
8,800
A
1
105% Jan
No par
Wo par ;
No par
Sharpe & Dohme
$3.50 conv pref ser A
9
24
10%
$5 conv preferred
71
26
Jan
1
3Va Mar
—1
12%
*46%
34%
May
1% Mar
2
35
No par
9
26%
Nov
No par
Corp
71
48
Nov
23
36% Mar 30
Dec
13%
47%
Jan
Inc
Sharon Steel
700
220
3 Va
25
Servel
4,900
1
6% Nov
21%
ti
6
5
Jan
9% Nov
Feb
No par
Sears Roebuck 8s Co
7,100
16%
13%.
-
7
May
34% May
9
100
Seaboard Oil Co of Del
62%
25%
25%
88
16
1
28
aa
Seagrave Corp
200
2%
Jan
9
Apr
par
preferred
non-cum
12
9%
26%
4-2%
62%
71
*46%
27 Va
26%
*13%
"12%
*9
50
*46%
V:
12
*69%
9%
*9
27
!
12%
71
*69%
36%
16
V
*2Va .;
2%
.
13%
10%
V
22%
2%
16
35%
'
10%
22%
2%
63
11%
No
6%
8
3% Nov
No par
No par
No par
Jan
54
6% Apr
3% Jan
4
Jan
sa
5
100
Oct
27%
Apr
31% Nov
31
Oct
50% Aug
,
Oct
Jan
5%
*20
% Jan
100
No par
100
5
1,000
13%
3
*24
25
10%
10%
3
25%
25%
.
AA
16%
50
26%
3Va
3
; 3%;
25
V AA 25
25.
v:.;
1%
86
<
9%
*46
45%
24%
*1%
,22%
x22
22
*2%
-.
71
*9
9%
20,900
64
13%
13%
64
70
A
*1%
'
*63%
107%
%
17«
:
112
*111
107%
*106
Yi
22
112
*111
112
108
108%
J?
800
A
Jan
27% Nov 30
100
tSeaboard Air Line
300
6,200
105%
preferred
non-cum
28
11% Jan
43
7%
129% Mar
Apr
3% Mar
July 19
18% Jun
20% Jan
——10
100
100
preferred
Safeway Stores
5% preferred
Savage Arms Corp
Schenley Distillers Corp
5 % % preferred
Scott Paper Co
$4.50 preferred
$4 preferred
600
7-
*104%
104%
,
36%
36
36%
5% Jan
No par
}St Louis Southwestern
'
112%
6%
7
non-cum
12
17% May
9% May
Jan
9
—J
Corp.
Francisco.
Louis-San
5%
36%
37
36%
*104
111%
6%
•
...
Joseph Lead
6%
3,600
43%
43%
43%
7%
6%
106
43%
43%
112
111
7
35%
.
Company
14% Oct
7% Jan
Wo par
-No par
$2.50 conv preferred
$St
*3%
Co
Corp
Rustless Iron & Steel
10
St
if
.
800
1,900
5,700
4%
Mfg
Antelope Copper Mines—
Ruberoid Co (The)
No par
3,900
u
Jan
1
11% July 13
2
Jun
May
6% May
15% July 19
93% Jun
Jan
5% Jan
Roan
n
*6
Jan
85%
12 % Sep
%
*3%
8%
75 Va
—1
29 Va
i7ff
74
4%
39% July 21
%
%
%
29
29%
29
29%
29
I7«
■;
45
45
54
34% Feb
Ritter
1,000
13%
25
*13%
47
*24
20
-10
Richfield Oil
400
=
Feb
32% Jun
——
Jan
78% July
25 % Jan
———
86%
7
2
Common
Jan
100% Mar
Dec
18
7% Jan
80
19
Jun
Dec
Feb
29
Rheem
300
70
Dec
Nov
5%
9 Va Apr
Dec
78
.100
71%
49
Jun
13% Sep
*94%
Feb
98
5% Jan
No par
Mar
2%
Dec
7%
38% Jan
28
59 Va NOV
■
3,200
7
24 Va
13%
*44%
29
%
36 Va
36
108
25
14
47
%■
112%
6%
6%
'' *
•
25
14
13 Va
A:
9%
*6%
6%
4%
42%
36
35%
'"i
24%
6%
7
300
*55
20% July 14
.100
—
14,700
14
:' *44
25
47
28%
OS"
112%
A;
112%
13%
*44
i7e
42%
43
..v 6%
*
13%
*6%
9%
*13
13'A
13%.
13
13
6%
•'
8
*6
7 Va
43
"->• *24 %
25
9%
13
6%
6%
i7«
ill
A»?6">A
*12%
13
47%
28%
28%
28%
27
May
.100
preferred
Reynolds Metals Co—
No par
.100
5 Va % conv preferred
1
Reynolds Spring
*
-10
Reynolds (R J) Tob class B
4,800
89%
8
22
Dec
Jan
-if 5 Va %
10%
8
70
lt'/sJan
100
Wo par
prior pfd ser A
8s Brass
preferred—
20
Jan
.100
.
Revere Copper
4,500
89%
26%
*104
60
:
7Va
80
80
10%
27%
112%
V'-\ 6%
81
89 V*
7%
27%
.
*80
10%
*7%
-
,
Nov
-25
RR—
-
preferred
conv
conv
Sep
3%
,
39/
23
Nov
23%
May
1% Jan
—1
;
Republic Steel Corp—
6%
Nov
Nov
-10
..
No par
Inc—*
Motors,
6%
89 Va
10%
89 A
;
6%;
6%
ci
6%
6%
61%
Va
28%
5
Jun
5% Apr 29
'
AA;
6%
*79%
15%
Nov
Preferred with warrants
50
Apr
30
(Robt) & Co 1st pfd
200
11%
35
80
Dec
5
14
Remington-Rand
24,700
12
26% Feb
20
Rensselaer
*■
Jun
23% July
22
Reo
17%
Dec
7%
26
Aug 24
3V8 Jan
1,190
87%
22
22% Jan
1,600
10O
Jan
26% Jan
7%
17%
15 Va
6
63%
100
22% May
Dec
-50
7%
"v.
14% Jan
54%
2nd preferred- -50
63%
87%
32
Dec
Jun
1st preferred—
Hosiery—
Reliable Stores Corp
Reliance Mfg Co
200
15% Jun
Dec
3%
34%
1
non-cum
Silk
Reis
1,500
87%
*83
100
*85
13
15%
17%
17
*98%
102
87
51%
*17%
8
8
17%
*100%
87
48,
,
63% :. 63%
64
7%
>
•
11% Jan
26 % Jan
-50
Preferred
•
13
:
87%
*83
84%
64%
7%
16%
7%
102
15%
V 63%
65%
15%
45%
15%
'
63%
-A' 7%
*100%
AA
Real
"
*77
.
1
Dec
59%
Apr
2
non-cum
4%
700
:v
46% Mar
99% July 14
29% Jun
7
Jan
8
2% Mar
2
10Va Jun
54% Jan
21
4
71% Oct
—25
preferred
4%
400
4%
12% May
Jan
3 Va Jan
No par
Reading Company
600
26%
4%
$2
'
V*
*77
■
*77
46
33
*31%
I .•'•■>' 26%
*26% V 27 ,«
4%
4%
26%
'
4%
v-
3,900
:
;
59
.100
preferred
conv
Raybestos Manhattan
Rayonier Inc
400
15'A
31%
12%
29%
14%
6%
1,000
32
29%
4%
1,340
*29%
•
*12
8
*86%
26%
is
63%
8
26%
47
A'
84
26%
.13
15
63%
26%
*17%
v
15
■
96
15
'
13
*17%
96
44%
v; *12
48%
:
*12 V'
96
$3.50
\
21,100
A'A
96
29%
*77
8%
8
96
•
14%
4%
Vr
8%
:A;,*7TA.
/A A 44% v
v:..
*78
*46
8
8%
26
*4%
'
4% Jan
Corp of Amer
No par
conv 1st preferred—No par
—1
Radio-Keith-Orpheum
700
'
58% July 30
7% Jan 12
4% Jan 2
14% Dec 1
5% Jan
2
5% Jan
6
48% Jan
6
122
Apr 9
4% Nov 30
3% Jan 2
12% Jan 2
58% Feb 23
14% Jan 20
26% Jan 4
4% Feb
1
22% Jan ' 2
<
A
Jan
Sep
%
o®t
Oct
8
% Apr
ZVa May
2%
36% Dec
11%
Jan
43
Dec
8
6
Apr
13%
Jan
40
May
6% Mar 13
8
18
Mar
29%
Dec
38% July 14
20
Apr
29
Dec
60
30% Apr
25% Apr
47
Dec
40
Nov
21
45 V8 May 26
9% May 5
31 Va Mar 31
Sep
66
May
14% Jun
14
X17
1
7
July 12
Sep
10% May
13% Jun
22% Dec
34% Jan
42
62
5%
Apr
Jan
3% Mar
29
7
5
63% Mar 30
130
Sep
29
6
Oct
Apr
3% Jan
43
Apr
116% Apr
4%
Jan
~6%
Nov
6% Nov
55%
128
Jan
Deo
18
7% Apr
4
Dec
8Va Nov
1
3% May
5%
Jan
22
May 28
11% May
15 Va
Jan
82
May
"9%
May
16%
Dec
17% Feb
26%
Deo
32 % July
33
7
23
July 24
5
12% Jun
27 Va Nov
19
3% May
20
Sep
4% Aug
25
Jan
Monday, December 13, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
2378
RECORD
NEW YORK STOCK
Range for Previous
STOCKS
LOW
Monday
Saturday
f
$ per
per share
28%
2874
5 74
5V2
5Va
S per
30
31%
29%
29%
30'/a
'7,500
29%
6
6
774
6
77 B
774
774
4074
4074
7Ve
5%
9,500
6
*7
7%
*7
7%
*40%
43%
*4%
4%
4%
474
*4%
4%
47'a
4%
10%
*1074
1074
700
4774
"46%
47 Va
8,500
474
474
4,100
Texas Gulf Sulphur
*1074
10%
47
4674
47%
47%
4674
46%
4774
46%
474
5
474
474
4%
5
474
4%
3374
34
34
3374
34%
14
14 74
13%
1474
1174
12
12
48
12
4774
*4774
47%
*5%
6 Va
574
*92 %
92%
92%
9274
678
6%
774
'
:
4,400
1474
1474
147 a
14%
1474
■6,200
974
10 Va
5,500
18%
5,000
Texas Pacific Coal
'Texas Pacific Land
Texas & Pacific Ry
12%
1,400
474
4%
474
*11 %
12%
"1174
12 74
*11%
2974
29%
"29%
30%
2974
1%
1%
174
12%
*1174
12 %
2874
2874
29%
3074
*1%
174
1%
174
17 %
1774
17 %
17 %
17%
18
*16%
13%.
13%
13%
1374
13 74
1374
100%
10072
100 %
100%
25
24%
2574
45%
4574
4574
457 a
7%
7%
18%
11%
11%
10074
2574
x24 74
46 y8
46%
85%
874
8%
8%
874
19%
19 %
1274
*1174
12%
374
3%
374
3%
374
3%
5,000
*8474
85%
84%
85%
85 Va
874
8%
28%
100%
10074
*99%
100 Va
5%
5%
574
5%
77
*114
*111
*114
116%
112%
*111
11274
19
18%
19
3,300
4,100
93%
93 Va
93%
9074
91V4
91
91
26
26 34
2674
100
1007
a
26%
4
2474
22
61
*60
23
3274
31%
3274
13%
1374
1474
1474
1474
14
13%
5%
8%
874
874
874
2474
2474
2474
71
7174
72%
7374
7274
274
2%
2874
474
474
*8
13%
*96
13%
70 %
70'A
69%
*17274
175
175
*4%
15%
•
*874
874
*40%
157 b
3374
8%
26
26
2574
2574
74%
74%
75
75%
76
2%
274
2%
2%
274
29 74
2974
2974
29%
2974
474
4 Va
474
4%
1,700
874
97%
15%
15%
15
15
7074
70 %
70
70%
2,100
*17274
175
8%
42
42
33%
33%
33%
4%
4%
*474
474
15%
xl5%
15%
1474
15%
1,900
*110 %
11374
110%
110 Va
674
6%
6%
*674
9
9
9
9
111
*110
674
*
29%
30
42
*37
;
34%
3574
1%
174
1%
1%
39%
4074
3974
*. 12474
124
124
124
52
52
52
5274
52
7074
70%
7074
*71
*70
•>;
30%
30%
*37
36
36%
174
174
174
1%
174
4174
4174
4274
41%
■
124%
12474
5174
52
*71
74
52
52%
*71
74
5174
5174
12474
125
51%
52%
74
50%
;
49%
517a
50%
120%
120%
120%
121
120%
12174
121%
12174
11974 120
21%
217b
2174
22
2274
227s
227b
22 %
22
5074
50
*2174
4774
*43
*274
2%
2%
•80%
*374
4774
82
1574
1574
15
3%
37«
37«
*3074
31
67
*6774
6874
162
165
*162
17
17
16%
*9%
*3474
9%
*117
119
11674
41
41
*55
■62
:..
2174
374
374
47
47
*11774 119%
41
*39
*14%
3
*3%
3
*374
3%
374
*
•
■
:31
31%
68
6674
177 b
10
10
*36
37
17%
18
9%
9%
3674
*3674
11974
*117
*42
4274
42
63
22
*2174
2174
X21%
21%
3%
3%
11974
11774
11774
*102
10674
*102
10674
*102
37b
48
•
40
;
33
3%
.
49
4874
*11774 118%
Van Raalte Co Inc.-
300
1st preferred—
Vick Chemical Co
1%
5%
3%
Va-Carolina
2,700
49%
non-cum
preferred
Victor Chemical Works
900
3%
2,000
118
;
Va
120
*40
4174
*40
42
"50
Va
39%
*3974
39%
X39
39
100
Virginian Ry Co
34
34
700
3374
*102
10774
*9974
10774
preferred-
Vulcan Detinning Co
*9974 107%
*147
*147
£147
6%
;
Preferred
—
56%
4
5%
3674
3674
*3674
37
37
*1078
1074
107 B
10%
*2574.
26%
26%
267b
*105%
}
1067s
*10574
10674
For footnotes see page
2379.
*1074
26
*10574
37
1034
37%
*1074
2674
2614
10674
*10574
377-2
1074
2674
107
*10%
26%
*10574
3774
1074
2674
107
3774
10%
26%
*10534
38
1074
200
2674
600
107
Wabash RR 474%
1,100
u,
Jun
974 May
24% July 15
7%
191%
'
Jan
Oct
101
Nov
1
174
18
21 %
Jan
11% Jun
10
Jan
1574 Jan
8074 Jan
7974 Jan
774 Jan
274 Jan
38 74 Jan
574 Jan
2374 Nov
6074 Mar
.
;
LO
100 ;■
50/
No par
106
No par
•
No par
2.50
5
100
—5
100
100
5
25
25
100
100
Oct
74%
Jun
1
66
4
Jun
72%
1174
Apr
167,i
10
574 Apr
2%
Sep
4%
Feb
274
Apr
574
Dec
4
77%
Apr
98% Nov
19
75 74 Oct
17
1074 Oct 29
Feb
114 Oct
2% Jan
Jan
116
Jan
20% Jan
27
Jan
29% Jan
80
Jan
113
Jan
4
5
15
14
14
2
8
26
No par
No par
100
4
5
2074 Jan
2
103
Feb 10
2474 Jan
7 % Jan
May
4%
Apr
87
Feb
11%
Jan
-.64,} Dec
174 74
Dec
6%
Jan
34% Jan
41
24%
Apr
34% Jan
2%
1
X42 74 July 14
7% Apr 26
19% Apr
8
Apr
4% July
7
Jan
99
Jan
22
7
May,
Sep
14%
Oct
Jun
114
"
8% July 19
974 Jun
10
37 % May 25
29%
Dec
"
9
2
2674 May
30% Aug
20
32%
Dec
3% May 10
74 Aug
1
Mar
July
42
4474 Jun
2
20% Nov 18
39
159
4474 Nov
46% Sep
20
129% July 23.
62
;
May ,7
Apr
13% May
27% Dec
Mar
103% Dec
54
37% Apr
Apr
58
51% Jan
71
Jan
1
59 74 July 15
125
July 19
29
Apr
5
50% Aug
6
44%,May
55% Jan
10774 Jun
119% Jan
24
Jan
39% Mar
46%
Jan
374 July 19
74 May
1%
Oct
1
Oct
74
Nov
3
88
Oct
Oct
15%
74
4
27
2074 July
2
674 July
Apr
Apr
34% May
60% Dec
12
July
,,15% Nov
41
May
61 •Oct
142
Apr
152% Dec
Jun
20% Jan
2
16
75% July 7
165% Nov 27
4074 July
12% Feb
57
40% May
20
181% Apr
25% July 15
Jan
6% May
July 13
4
40% Nov
Oct
6
1374 May. 4
7
51:
Jan
48%
87/b Jan
Mar
Feb
8
21
15% Jan
115
Jan
6% Sep
35
Apr
29% Dec
6
It
15
16
22
15
Dec
3% Nov
50
Jun
2% July 21
108
Jan. 16
474 Nov 8
9
Aug 23
2974" Jan 13
2 9 74 Jan 13
32 Jan 15
25% Jan
:
7674 Sep
4
8
25% Jan 5
Jan 8
■ Jan -. 4
,64% Jan 13.
4774 Jan 7
" 112 * Jan , 8
20% Nov 18
,
42% Jan A
,3% Mar
5
Dec
874
25%
35
8
29
10
17
17
,101
46
Apr
33% Aug
3
July
9% Jun
4
30
9
,
i7« Oct
18
Apr
1%
30
Feb
Jan
July
47a
22
Jan
9
Oct
Dec
20
Jan
32
11
Oct
58%
May
16
29
15% Sep
Jan
20% Dec
113
-37
2% May 10
35 74 Sep
104%
117
3
Jun
x26
Feb
Feb
104 74 Mar
11
69% J<un
81%
y36% Jan
7% Apr
974 Mar
8
2274 May 12
114
Apr
Dec
30
Jun
89
3
Jan
16%
8574 Nov
Aug
23 74 Jun
Nov
108
May
21 %
;
Jan
/Dec
113%
63%' Jan
20
337b July
4
Jan
10
May 27
114% Jun
16% Jan ;6
3% Jan 4
474 Jan 6
84% Jan 2
.
100% Mar
97
2VsJun 16
wlO
19
40.,
7
9Va Jan
May
2874 Mar 30
17% Jan J.5
,
108
Dec
■
9%
83
Apr
29
102% July 16
1874 Jan •'; 7
hi Jan 2
46
Sep
Apr
22% July 14
55%'Jan 16
7% Nov.
Jan
7%
58
11474 Oct
8
2
6
24% Jan 8
x24% Nov 30
93% Jan 4
1774 Jan 20
16
Jan 8
109% Jan 2
,
28%
2
26
Nov
78% Nov
574 May
8674 May 27
5
113.
July
1174 Feb
105 74 Jan "2
5
100
5
6
Jan
7774 Jun
Xll8
Oct
2674 Nov.
13
974 Jun
Jan
59
Nov
:
774 Aug
16
Jan
34% July 14
Jan
par;,
preferred—100
Waldorf System—
Walgreen Co
474% preferred ——
274 Nov
71
Jun
25
37% Oct
21
Oct
5
120
112%
Jun
Mar
Jan
11.% Mar
26
Dec
116% July
Dec
6
42
Aug 28
50
July
55
Jan
6
15
55
Sep
60
Nov
67% May
2674 Feb
674 July
68% July
X123
774
19
May
44% Oct
65
14%
■30
1
1
Aug 30
1874 May
1
2274
Jan
Jan
2574 Jan
2% Oct
40%
Oct
11074 May
117% Dec
Oct
14
Jan
21% Nov
Oct
24
Apr
31%
40
3 5 74
Sep
26
May
70
Jun
96% Mar
120
Mar
Jan
21'A July
30% Jan
45
110
150
1
1
8
Aug 18
NOV 22
W
37%
12% Mar
Jan
% Mar
8
May 23
90
Jan
par
preferred100
El & Pow $6 pref_
No par
Iron Coal & Coke 5% pfd—100
4174
3374
8%
18% Dec
7% May
42
Jan 18
8
Jan 5"
x7674 Dec 2
No par
Chemical
11874
34
8
6
4% May
6% Jan
■6% div partic
41%
34
;
Vicks Shreve & Pac Ry
4874
11774
Co
*38%
•
1067 a
49
Norman
*11774
42
*147
*147
1,400
63
22
25% July
1 % Jan 6
74 Jan 5
$6 conv preferred.,
-No par ■
56. Jan 23
Universal-Cyclops Steel Corp
1
14 V2 Nov 30
Universal Laboratories Inc——. 2%*Nov 17
Preferred
i
C
No par
30Vb Nov 13
Universal Leaf Tob—■
—;No par
59V«>J.an 15
8% preferred
100
150
Jan 12
Van
4
1674 Apr
1
5
Vanadium Corp of Am
6274
*56
Dec
5
474 Jan
25
United Stores: class A—
5,000
500
*55
6%
.
100
42%
6274
*11774
33
60
390
11974
63
4734
3374
>
*41%
*55
4774
*33
1,300
-
*11774
*56
4874
3374
■
20
6274
4874
*33
9%
37
63
3%
*3874
18 7b
*55
2174
41
42
66%
*56
374
*3874
11974
31%
165
60
2174
40
18
36%
*117
374
41
18
x9 74
4174
*56
62
*162
10%
11974
*55
165
37
*11674
41
—
300
•
a.
-
preferred
United Stockyards Corp
1,000
1474
66
2174
*3974
274
7274
*14%
31
1774
3,500
2%
X7274
.
—-
non-cum
Jan
Jan
7
10% May
4
67
-50
u s Tobacco Co:
7%
300
274
68
*162
*:
—-
15
3074
165
3,000
-
8074
6774
165
~
>-
u
Preferred
2,500
-
3
30%
4174
60
•
3
66
165
;i
4774
—
preferred
V S Steel Corp
39,200
2274
.
3
31
*3874
*147
3
3%
79
47%
>6774
*35
41
2174
*374
15
974
11674
*56
<64
*20%
80
14%
17%
35
*55
*56
80
15
934
4074
2%
2%
2%
80%
1774
35
35
2%
3
2%
2%
*14%
*162
165
974
2%
3
*43
4774
*30%
31
67
*30%
*43
4774
80 34
2%
274
*79
*43
*2%
3"
*2%
3
80%
*14%
*43
121%
227b
Co-
Preferred-
Jan
43%
99
20
10
—
—1
—-No par
U S Smelting Ref fc.Min
200
Dec
31% May
July
'
i
U S Realty & Impt
Feb
3474 Mar 31
50
20
1374 Jan
—
8% .non-cum 1st
3,300
/•>
—^
Foundry
Playing Card Co
Plywood Corp—
U S Rubber
2,700
-
51%
12174
*43
V
27,300
V
•72
51%
5174
2,500
5374
53
72
U S
3,700
•
42%
125
125
"
174
125 %
Preferred
U S Pipe &
Nov
10%
3474
1274 Jan
100
1
.1
U S Lines Co
;
U S
36%
3574
407b
1%
41
1,000
15%
Jun
May
No par
preferred
Jan
22
No par
—-
Partic & conv d A
Prior
1,900
4074
3674
35%
3574
%
10,800
•i
32
3174
31%
40%
*37
4074
*37
4074
9
•
3974
124
30%
30
674
*474
5
8%
97
25*.
5%% conv preferred
U S Industrial Chemicals—i-No par
U S Leather Co_„
40
*8%
112
r
200
1574
974
*1%
7 2,300
4%
674
3574
34%
3474
174 Nov
II Mar
.
10
Mar
59 5Jan
172 74 Dec
574 Jan
3974 Jun
30
Jan
V 4 Jan
Corp—
Jan
85
6% Jan
20
100
,—5.
50
preferred
1%
Dec
27%
15% July 14
69
No par
U S Hoffman Mach
Jun
17% July
103% May 26
174 Jan
—5
-
V
110
15%
11074
*39
300
44%
*42
35
34%
;
9
Freight Co
Co
Sep
5%
9%
11% Jan
—1 v
U S Gypsum
30
172%
*8%
414
674
42
172 74
8 74
43%
*42
42
974
36%
'
8%
874
87a
175
*17274
175
"
15%
5
1574
U S
3%
4
674 Jan
100
,
Feb
2% July
T5% Jan 27
& Fdy_i_.
5
.No par
United Gas Improv't ex-distribtionUnited Merch &Mfrs Inc.—
1
United Faperboard—
L
.10
U S & Foreign Secur
i.No par;$6 1st preferred
—No par
1,200
70
Jan
34%
12
4074 Jan
United Engineering
:
Dec
Jan
8
2374 Nov 17
No par
-
Mar
974 Jan
No par
Electric Coal Cos...
3
474
94 Va Jan
—
.
Jun
52%
Mar 18
3
Jan
Apr
30
July 23
4
2674 Jun
Jan
Oct
974
42
Jan
3%
33 % Jun
lVa Jan
16
Nov
2 74 May
May 27
15
8% Jan
24%
Sep
41
4
18
6% May 24
Jan
'
Oct
49
Jan
5
34%
974 Sep
26% Feb
United Fruit/Co_——
.
70
70%
11074
*35%
5,300
1574
674
*37
874
97%
7074
9%
29%
8%
97%
15
914
29%
8%
*97
1474
574
*110
5,400
99%
8%
8%
97%
6
39
95
Co.—————S
Drug-
Preferred
1,300
7
preferred.
$3 preferred
United
3,300
474
474
4%
9 74
29%
8
Jan
Jan
3
774
8
28
July 12
Va Jan
33% Jan
No par
Biscuit Co..
United: Dyewood Corp——
16.300
5%
112%
8
25%
974
*110
2.700
52%
preferred—
;
Lines Transport—
conv
United
560
8%
674
53%
8%
■I
2,600
8
29
29 3B
"
*4%
4%
1574
*17274
34
34
34%
*33%
7014
70%
175
274
97
1474
1474
73
8 74
8
97
42
*40
4374
*41
4%
8%
874
9
*874
2874 ;
977'a
8%
874
9774
*13%
47a
52%
6 74
Air
United Corporation
i
'
274
'
2874
4 7*4
6%
8%
24%
2%
10.700
1474
6%
conv
Oct
14
51% Aug 19
Jan
4
100
V; United Cafbon Co
-—No par
•:i United-Carr Fast Corp—.
No par
12,300 f:,;~
1474
141/4,
141/8
400
32%
3174
32%
5%
,
32,700
lVa
25%
8%
2474
28
25
1
73 74
8%
2474
27 a
1,100
63%
*2374
*5274
53
51
x63
174
31%
,■•:•
1,200
5%
23
-
674
;• .'6
574
51
51
14%
?
112
*111
62%
;
1
32%
31%
6
United
17/8
31%
53 74
1,300
23
74;
1
3174
*574
2074
2074
20%
115
60
62
*2274
174
32
*5174
United
*20
23
i
174
13,900
*111
6074
5974
2474
21
*2178
5974
1
115
*111
115
9974
2774 July
12
2
4%
13% July 14
7
.
30
52
No par
United Aircraft Corp-
;
26
2474
115
20%
*111
21,600
25%
9974
24
preferred.
non-cum
24%
26
24%
.
100 >4
24%
.v:
4%
Union Tank Car
9974 10074
26%
25%
10074
*2674
26%
*26%
26%
*26%
10074
*25%
2674
22
*96
Dec
1
Union Oil of
900
100%
*111
6
110
9374
24
5274
:
197a
20%
1%
11674
nil
91
20%
23
30
*114
112%
93%
2374
.6074
14,600
18%
20 3
274
874
25
100
100
79
91
2374
28
Dec
Apr
35
California
Union Pacific RR Co_^
787a
92%
2074
*574
Oct
8%
7% Jan
par
par
par
9%
1974
2274
*51
37%
100
Union Bag &
93 "
2074
1
3%
Apr
N< par
Under Elliott Fisher
8,500
Nov
Apr
Apr
25
;—.
Dec
18
6% Jan
Co
NO
Paper—;
No
Union Carbide & Carb—
No
Union El Co of Mo $5 pfd-—No
Preferred $4.50 series
No
3,200
10
92
19
2274
5974
52%
7%
9%
92%
2074
*22
5,600
2674
257b
100
115
9%
91
22%
*111
%:
937a
2674
2674
257a
8
72
19
18%
93
100
;
7874
78
<
112%
■
52
9%
.
*
200
■7
92
18%
*91
24%
:
78%
1167a
*114
113
*99%
10
9%
600
1,800
52
874
52
5274
*78 74
116
111
8%
i
preferred
Twin Coach Co—
72
72
71%
8%
51%
9%
114
70%
874 7
78
111
574;*".
70
52
114
*9074
19,600
Jan
42%
30
May
preferred-"
——No par
Truax-Traer Corp—
-uNo par
20th Cen Fox Film Corp_—_No par
$1.50 preferred
—No par
$4.50 prior pfd
1-NoPar
Twin City Rapid Transit——No par
.
12,900
2874
28%
115
927'4
2174
100%
111
1874
2074
2874
5%
111
92 %
21%
2774
*114
92%
2,800
Oct
9%
5
$6
160
-
29
100%
974
77%
8%
;
1.800
■
21
5%
*5174
934
*
8%
8%
21%
874
:
847-2"
2774
.
87a
974
7674
8%
21%
69%
51
8%
Nov
4
7% May
July 22
Transamerica Corp—
—.
2
Transcont'l &-West Air Inc.——5
Transue & Williams St'l——No par
Tri-Continental Corp
*-1
1,100
8
51
77%
8%
19%
*11%
6974
7%
974
*2674
.
7,400
874
19%
12%
70
70
5074
18%
-2,700
100%
H-* O O
5
574
r
5
8Va
»
10074
100
5%
7074
765a
47 %
20 %
8
21
2774
27%
2774
27%
9%
47
1274
8%." '
20 34
5074
47
85%
874
2174
8
4,700
374
*8474
8574
20 3 4
*70
2474
12
3 74
3 74
*8474
10074
*4%
2474
20,
7%
12
1174
8%
•
2474
35
2
16 V8 Nov
Associated Oil-,.— -10
$4.50 conv preferred
No par
Timken Detroit Axle—
10
Timken Roller Bearing
—No par
2,240
19%
2074
27%
46
46
100%
100
Apr
574 Nov
Apr
1 % Mar
28
Tide Water
5,700
4
32
3
Apr
674 July 14
874 Jan
preferred
10
Transit Corp.-No par.
preferred—;
$3.50 cum
600
14
13%
100
700
'
Jan
Nov
4174 July 14
Thompson Products ———No par
Thompson-Starrett Co
No par
1,100
174
18%
1374
2474
19
19
3
3%
*99%
1374
10074
7%
774
7%
18%
*8
2974
174
Dec
574
3'/a Jan
1
R);--—
Thompson (J
—
25%
333/4 Dec
No par
—
.
5374 July 14
4174 Jan
10
1
100
&. Oil
TrustCo
Co
Third Avenue
-
Aug
3% Aug
1374 May 29
—
$3 dlv conv
i
1574
8
5% Mar 16
8 3/4 Jan
•
18%
20%
18%
1374
2474
4574
*84%
2974
18
10074
100
24%
*3%
12%
*17%
18
x99%
24%
*11
*11%
174
174
800
4%
30 %
*174
*11%
90
4%
12 %
4
374
3%
Thermoid
8,700
share
29 %
874 Jun 24
45
Jan
preferred—No par
No par
_——100
;
Preferred
80
44 %
44
44
The Fair,
200
7%
7%
7%
*43
7
6
93
4%
3%
13%
*574
*91%
$3.60 conv
150
4774
4774
6
774
43%
'
92
92
7%
43
3%
*3%
47 Va
*574
6Vs
93
774
44
*43
47%
*12
12 %
48
*574
18%
8
*11%
1 2 74
774
974
18 3
1774
Highest
per
19% Mar
22
8 74 May 20
2
Jan
3
No par
Thatcher Mfg Co„
974
10
18
*92
93
7
45
*42
44 Va
34%
48
574
*43
34%
12 74
47%
674
3474
17
5%
*92%
-i.
34
974
17
5%
11%
Corp
34%
974:'
9%
1674
12 %
*47
•
1474
14
14
974
1774
9%
17%
Tennessee
34
17
97a
9%
*17
5
25
35
Texas Co (The)i._.
_
—25
Texas Gulf Producing——No par
1074
1074
10%
10%
1074
10%
46%
34
574 Jan
9
50
5
—5
5%% partic preferred—
Telautograph Corp
60
500
1074
4%
40%
40
35% July
2
1
4%
474
4%
*4%
42
*40%
42
*4074
43 74
*40%
8
47a Jan
1942
share
per
T
.
07
8
35% Apr
2274 Feb
No par
Talcott Inc (James)
400
774
*7 "
27%. Nov
Swift International Ltd
Sylvania Elec, Prod's Inc
Symington Qjimld Corp
3,200
Year
$ per share
I per share
Par
'Shares
30
29 74
29
6
5'/a
I per share
share
30%
6%
X30
30 %
30
$ per
share
29
2874
28%
28%
2974
5%
287a
28%
Dec. 9
Dec. 8
Lowest
Highest
Lowest
EXCHANGE
the Week
Dec. 10
Range Since January 1
NEW YORK STOCK
for
Sales
Friday
Thursday
Wednesday
$ per share
share
29
*2874
SALE PRICES
Dee. 7
Dec. 6
Dec. 4
AND HIGH
Tuesday
39% Oct 30
11% May 29
28% July 15
109
Jun
10
6 74 Mar
16
97%
Apr
Jun
29%
7%
Jan
Oct
Nov
20% Nov
102%
Oct
Volume
Number 4237
158
THE COMMERCIAL & FINANCIAL CHRONICLE
NEW YORK STOCK
LOW
Saturday
Monday
Dec. 4
49%
49%
16%
7
S per
16%
7
/-
49%
*16%
17%
7%
6%
50
17%
Sales for
Dec. 10
share
the Week
S per share
50%
50%
17%
*171%
17 %
7%
71/8
7%
7
■:
■:■■■
per
50%
50%
*16%
7%
$
Friday
;
'
Dec. J)
S per share
49%
*16%
6%
'
•.
49%
STOCKS
Thursday
Dec. 8
$ per share
RECORD
PRICES
Wednesday
Dec. 7
share
49%
SALE
Tuesday
Dec. G
$ per share
HIGH
AND
NEW YORK
Lowest
Shares
50%
Par
Walker
1,900
(Hiram)
G
38% Jan
Div redeem preferred——No
par
17%
100
7%
6,200
Walworth Co
8%
2,600
Ward Baking Co cl A
1%
4,800
'
;
*7%
8%
"Vi". 1%
1%
*45%
46%
45
11%
11%
11%
7%
7%
1 %
*
1%
*45'A
46%
25
21
*14
14%
14%:
14%
*22%
23%
23%
23%
6%
6%
.
6%
24%
25
20%
21
21%
14%
14%
23
23
6%
*22 >■;
22%
76
15%
15%*
.15%
83%
84
91
91
82%
V
./
82%
116%
15%
106%
83%
2%
15%
*104%
27%
3
2%
77
16%
17%
*81%
83%
81%
116%
116%
16
,16
16
105
106
*105
28%
28
3
.?>'■
*6%
7%
*6%
7
43%
43%
44%
43%
44%
23%
23%
24%
24
24%
30%
24%
24%
7%
44%
237/s
7%
:
45
.
20%
20%
20%
20%
20%
20%
21
21%
21
21%
21%: 21%
92%
92%
93
93
93%
93
93%
92%
93%
93%
*124%
126%
*124%
126%
126%
*127
*31%
32%
*31%
32%
32% ■32%
*22
24
*22%
22%
22%
*107%
108%
*107%
%
108
108%
*53
-
57%
*96
\\
*19%
57%
*53
96%
96%
20%
65%
66
17
17
20
19%
19%
19%
19%
7%
7%
7%
5
5
7
63
65
65
*23%
24
24
20%
7%
5
63
4%
5%
■;v>- 5%
*12
7
7
*75%
75%
10%
*75%
10%
*20%
*99%
120
*93
110
>
•
*62
24
*23%
*23%
5%
57/a
12%
7%
7%
7%
75%
77
10%
-
10%
;'
120
1,800
20
20%
20%
20%
20%
*19%
20%
?
35%
35%
36%
35%
36%
36%
36%
21,100
23
23%
23%
X21%
21%
21%
21%
3,000
no
104
*102
a: ; ' -':
*102
110
v
110
*102
110
;
,
10
;
22%
104
V no
*93
:
*93
■
*93
110
48
*93
110
700
10
7
'
110
48
50
49%
49%
80
80
80
*47
48
48
49
49
*49
79%
48
*47
*46%
79%
80
r
■
.
*47
47%
*47
47% '
.
50
50
*49
81
*78
10
!
80
67%
65
66
7-;' 66
x27%
300
J
160
66
27%
7
.50
*78
50
'
66
*
66
64 %
67
65
V
79 V" V;
70
65
*65%
27%
*27%
30% Sep
20
2
2
6 V# Apr
11% Apr
3
49% Oct
27
24% Dec
5
Jan
15
Mar 13
60
Apr
Jan
99
Oct
18
Jan
58% Jan
15
Jan
13% Jan
33/j
2
20
2
Jun
19% Feb
83
Aug
127
Apr
32%
22
Mar
31 Va
100% Jun
42%
$6
preferred
Wilson-Jones
Apr
93
Jan
17%
Dec
27%
Feb
Dec
69%
Jan
15 Va
Deo
22% Aug 11
10% July 26
7% Oct
1
12
Jun
15%
Jan
3
Mar
5%
Nov
Apr
3%
15
86
Apr 30
40
x20% Jan
19
27
Oct
15%
2% Jan
2
2% Jan
2
8
Jan
6
4% Jan
2
57 % Jan
10
Woodward Iron Co
9
115
1%
1
6% July 19
9 % Jun
9% Sep
10
Woolworth (F W) Co
17% Jan
■
1,000
86% Oct
2%
Oct
8%
Dec
3%
2
11
% Apr
Sep
6%
Jan
73%
Jan
6
121
Dec
Deo
2%
Apr
7
51
Sep
107% Jun
—100
9
24% July
2
16%
Dec
24
2
42% July
3
21% May
14% Jun
31
20
104
2Sj% Oct 28
7
149
100% Oct
preferred B
—100
Prior pfd 4% % series..
—100 '
Prior pfd 4% % Conv series—100Wright Aeronautical—
No par
Wrigley (Wm) Jr (Del)
No par
Dec
4
134
' Sep
54
Jun
44% Jan
'
46
Jan
9
9
78% Dec
3'
58'% Jan
Sep 20
July
Nov
117
Mar
54
Jan
57%
Jan
42%
oun
18
44
Apr
20
80
Jun
104
Jan
70% Sep
29
39
Apr
62
Jan
31% Sep
10
4
Jun
,
'
108
26%
26%
26%
28%
900
13
13%
13%
13%
14
13%
13%
137/a
14%
2,900
Yale & Towne Mfg. Co
Young Spring & Wire
21% Jan
13%
27%
13%
27%
13%
7% Jan
4
17% July 13
35%
35
36%
36
36%
37
37%
36%
37
36%
36%
7,900
Youngstown Sheet &
30
Jan
6
41% July 14
94%
941/4
94
94%
94%
95
95
95
95
95
96
96
180
82
Jan
4
98
Nov
12
78
Jan
*11%
11%
11%
11%
11%
12
12%
13%
12%
12%'
12% * 13
6,800
Youngstown Steel Door
No par
9% Jan
2
16% Jun
7
7
May
31
31%
33%
33%
33%
34%
7,700
19% Jan
12
8%
Feb
3%
3%
1,300
Zenith Radio Corp
Zonite Products Corp—
—No par
3% 7; 3%
30%
3%
3%
♦Bid
3%
and asked
•
•
7
31%
3%
prices;
32%
32%
33%
x3%
32
~
-
3%
37/a
3%
sales on this day.
no
Jin receivership,
a
Deferred delivery.
Transactions at the New York Stock
nNew Stock,
r
23
No par
Tube—No par
preferred series A——100
5%%
Cash sale,
Special sales.
s
wdWhen distributed.
//V::7-
7<7.
Week Ended Dec.
Saturday
Monday-.
Tuesday
Wednesday
Thursday—
Friday
Total
and Miscel
Government
Bond
Shares
.
Bonds
—
7
823,500
—
866,540
—
9,387,600
;
5,051,550
"::<v 7- 7;'*'7'7-7-':
of
shares—
S.
10,500
30,500
&
industrial
Total-
Week Ended Dec.
11,139,700
$6,006,400
7,354,800
6,000
4,000
—
Jan
87
Oct
1% May
$49,725,500
77
1943
Exchange
Foreign
Domestic
$207,000
650,000
Government
Foreign
Corporate
$1,000
15,000
are
the daily
si,boo
15,000
43,000
"moo
964,000
—
174,580
688,000
23,000
6,000
717,000
---
243,270
688,000
29,000
—-
Thursday
Friday—
.
7; Total
—
1,121,120
$3,815,000
$126,000
$19,000
$3,960,000
1942
682,000
717,000
Jan. 1 to Dec. 10
Stocks—No.
$17,000
2,291,000
$3,335,075
114,857,600
116;354;000
37,860,000
1,121,120
of shares
1,230,290
1943
68,313,309
111,824,341
averages
$3,815,000
—
Foreign government—
126,000
—
19,000
Foreign corporate
$40,168,000 $3,107,219,975 $2,176,666,150.
$3,960,000
of representative stocks and bonds listed
on
the New York Stock
-Stocks
10
20
December
IB
10
First
Second
10
65
Indus¬
Grado
Grade
Utili¬
Rails
ties
December
6——
roads
ties
Stocks
32.17
21.40
45.59
131.87
132.45
32.27
as
$3,285,000 $207,733,000 $159,888,500
113.000
12,274,000
4,617,000
3,000
1,283,000
Utili¬
21.45
45.77
trials
Ralls
106.94
101.00
106.99
100.97
65.25
65.40
110.30
110.26
Total
40
Bonds
95.87
95.90
December
7—
133.37
32.64
21.62
46.14
107.05
101.09
65.44
110.25
95.95
December
8
134.42
33.17
21.73
46.57
106.96
101.24
65.86
110.35
96.10
December
9
134.05
32.96
21.69
46.41
106.93
101.15
65.81
110.35
96.06
135.04
33.19
21.89
46.76
106.99
lc-fvti
65.83
110.29
96.05
December' 10—
724,000
$3,401,000 $221,290,000 $165,229,500
compiled by Dow, Jones & Co.:
10
Total
Rail¬
trials
4„—
Exchange
—Bonds—
Indus¬
Date-
1942
19,744,396
Bond *
Domestic
$6,384,050
2,989,027,3007 2,053,928,100
30
672,000
667,000
915,000
1943
47,440,500
closing
Total
$208,000
Bond Averages
Below
Dec
2% Jan
1942
266,251,070
,
20
255,495
Jan. 1 to Dec. 10
7
3,190,211
$49,725,500
12% Jan
Ex-rights.
Week Ended Dec. 10
1942
Nov
205,760
.
—
162,755
—
Wednesday
-
:
79,260
■
Monday—:
9,795,600
$68,000
$2,217,000
Shares)
Saturday
8,237,000
10,000
398,000 7. 777
10,1943
7,192,000
•
2,217,000
_
Government
Railroad
7 $7,000
Week Ended Dec. 10
5,051,550
Foreign
y
Oct
7%
37%
Bonds (Par Value)
of
■/';
777-..'.; $68,000
Bonds.
U.
Sales
$230,000
321,000
$47,440,500
1943
Stocks—No.
-
402,000 .77..
469,000 7
6,784,000
856,030
Bonds
7
(Number
397,000
:
10,640,200
7,912,000
—
'
—
$5,769,400
6,947,300
1,320,000
—
Foreign
Bonds
7. 883,750
—
——i
———
Total
301,730
37% July 13
4% May 10
x-Ex-dividends.
23%
Apr
5
Stocks
United States
10,19430^> :i,
2
15% Jan
28% Jun
Daily, Weekly and Yearly
Railroad
Number of
Stocks,-
Jan
Transactions at the New York Curb
Exchange
Daily, Weekly and Yearly
;■
2
—1
Jan
125
13%
27
Deo
Nov
106
18
1
57% Jun
Jan
21%
117
35
26%
110% Oct
16% Jan
No par
—
4
Jan
1% Apr
1% Aug
20
8
Jan
22%
30% Jan
" :
——10
Worthington P & M (Del)
7% preferred A
Jan
Jan
53
Apr
May
4%
28
14% July 14
27
Jan
Oct
50
12% July
Jan
100
pfd—
Jan
108%
58%
5
5
No par
Co__
Wisconsin El Pow 6%
Jan
Deo
July
8
No par
Deo
Dec
80
Jan
40
Tan
Oct
Apr
Jan
2%
Jan
8%
30
23
24% July 22
71% July 14
5
14
3%
Feb
109
25
9
Deo
13% May
20
1
Feb
Jan
20
63 Va
6
85
par
Jan
18
Apr
4% May
—5
preferred—.
Jan
2
23%
24% May 29
52
1
Jan
Jan
93
8
106% Jan
.1
91
104
12% May
22% Nov 30
"
.
2
2% Jan
6%
'
*49
97
5% Jan
Springs.—-No par
Wilcox Oil & Gas Co—
300
;
.
124
20
'v. •;
22
•
'-5 78%
:
*120%
10%
Sep
37% Oct
8
22
Nov 15
100
Wilson & Co Inc
35%
22%
Jan
Jun
16% Oct 29
110
10% NOT
34
3
9,000
*10%
124
104%
19
Willys-Overland Motors
1
6% conv preferred—————10
*77
10%
*120%
124
113%
Sep
Sep
119
..
July 9
29% May 5
112% Jun 23
1,000
77/a
May
5
Jun
24,700
7%
102
8
5
Jan
7% Aug
Apr
.
40
6Va
7%
77
10%
*120%
Prior
3
Jan
11% Jan
136
5%
600
36
109
White Dental Mfg
100
;
77,.r-
11
2
5
12% "12%
12
7%
24
87% Oct
Jan
12
.' 4%
*71% Nov
Apr
Apr
Jan
4%
July
20% Jan
15
May
59% May
41%
Jan
260
3
14
31
Co—1
Jan
Aug 20
120
White Sewing Mach Corp
$4 conv preferred——No
Nov
Oct
50
White Rock Min
Oct
18
85
103
No Par
White Motor
14
Jan
1%
1
6,200
Jan
11%
99
July
2,000
Feb
12
4
57
No par
Nov
*
100
4,400
Jan
19
4
4
64
*23%
...
6
12
75%
10%
10%
•
4%
5%
6%
12 Va
121
24
10
Dec
39 Va
4'
2
5
Nov
8%
8% Jan
Wheeling Steel Corp
-No par
$5 conv prior pref
No par
(The S S)
,.20
410
400
1
29%
50% Jan
67% Jan
15'/a Jan
7Va
64
17% Dec
4
Jan 21
81
preferred
conv
Nov
Feb
8
12.50
Instrument—
6
13% Jun
3
No par :
preferred—
5% %
3,000
:
20%,
7%
*4%
"
*4%
4%
"4%
.
20%
64
65
12%
T21
20%
*99%
65
10%
;V
35%
*93
''
65
75% -75%
:'
22%
>.
22%
5
7
10%
35%
36
7%
4%
5%
7%
20%
20%
35%
<*22%
20%
7%
5%
12%
121
•
X20%
7%
4%
75%
10%
*120
121
*120
7
7
20%
7V4
-
84.50
'
5
Elec
Jun
4% Apr
24% Oct
July 23
—50
Weston
Nov
16.
2
79% Nov
no par-'
Westvaco Chlorine Prod
100
65%
18%
8 Mi July
26 Va July
Wheeling & Lake Erie Ry——100
20%;;
*17%
8
preferred—100
Westinghouse Air Braice
100
96%
65
18
par
100
Ry
2nd
Westinghouse El & Mfg
1st
partic preferred
i.
20%
65%
;;
Maryland
non-cum
400
7
58%
*96
20%
18
20%
24%
12
■■
20%
65%
5
*23%
5%
5%
20%
65%
18
65%
*17
V, *4%
4%
12
12%
96%
7%
G5
24
t.4%
96%
108
*56
-
26
100
—
800
-
5
Power
Class B—_——
210
23%
*107'/a
-
58%
4%
,
23%
108
96
7% V
"V;
;
*4%
*107%
;
*56
20%
66
17
33
23%
57%
*96
v
20%
19%
66
16%
.
108
*55%
96%
96%
20%
65
17
108
57%
;7V
*31%'" -33%
33
:
4%
5,500
128
4
Western Union Teleg class A_No par
>9,100
•
•
95%
127
128%
23
32%
23
*22%
108%
128
129
321%
23
*53
96%
20%
65
*16%
126%
Western
5,000
92%
V
12 Va Jan
17% Jan
4
69
700
23%; 237/a
5
4% %. pfd—100
NO par
preferred——.
.———100
Western Auto Supply Co
—10
10,600
24
11
15% Jan
par
Oct
5%
% May
6
15% July 15
l
No
preferred
July
Nov
16%
Apr
2%
May 29
56
7
41%
3%
2% Mar 29
20
<
t per share
Apr
13% Mar
32% Apr 21
23 V8 Sep
1
17 M» Jun
2
6%
7: 2,200
7%
■
43%
22% Oct
par
4
Jan
7% Jan
West Va Pulp & Pap Co—
6,700
3 Va
7%
•.
.
26
3
No par
6%
170
44 Va
.
,
% Jan
50
—:
Eisenlohr_
West Penn
1,800
30%
*3
*7%
44 Va
7
44
::
—..
No par
170
V 290
:
13
West Indies Sugar Corp.
—1".
West Penn Electric class A—No par
v
7% preferred—
i
—100
80
106,
29%
3
3
3%\
7%
43.
23%
106
5
$4 conv preferred——
420
82 Va
4% Jan
31 Va
18% May 25
9% Jun
5
Wesson Oil & Snowdrift—
45,800
117
2
2% Jan
17% Jan
400
84
16% ' 16%
■
Webster
2,000
s'civ
4
4% Jan
Highest
t per share
27
No par
No par
Wayne Pump Co—
! 3,300
17%
82%
16%
:
.92%
•
117
107
29%
29%
v-.v 3
-1;: 6%
■
17
*82%
'.V; 92%
82%
116%
>
v" ■'
84
400
:
76%
*75%
92%
116%
2,800
77
6%
22% v/23
'
,
17%.
83%
92%
16%
23%
6%;
.
85
■
54% Oct
15% Jan
$7 preferredWarner Bros Pictures——
Warren Fdy & Pipe—
No
Washington Gas Lt Co
—No
Waukesha Motor Co—L
7 V
700
,7 1,100
24%
*23
■
400
t per share
12
1642
Lowest
par
No
_
Class B__
15,600
21
■
16%
■
22%
76%
93
15%
3
22 %
9i Vz
,
•
6%
16 %
*83%.
.
/
106
28
16%
76%
.46
11% i; 11%
24%
20%
23 %
6%
■
22%
22%
83%
-
21%
15%
V
*44
25
■23%
:
1%'
.
21%
6%
*76
\
*24%
■
6%
■
117
15%
106
27%
27%
2%
15%
15%
85
*81%
117
7
25
22
23%
91%
91%
:
117%
106
12
15 Vs
16%
15%
*83%
*81%
15%
106%
*26%
16
117%
117
11%
2-1%
76%
91%
91%
47
12
24%
v;
22%
76%
85
*83%
,
22%
*8Va
46 ;
6%
22%
*75%
6%
T,
8%
1%
47 '■%:»
*23'/a
77
22%
76
-v.'
c.
1%
11%
21%
*
8
1%
46
V'\\:
*24%
25
8
1%
•
11% '-11%
11%
*24%
V
1%
7%
7%
1%
■'V
45%
*20%
.V
7%
.
Year
Highest
t per share
& W—-No par
7%
:
'■
-
Range Since January I
*
*17%
:
Range for Previous
STOCK
EXCHANGE
'
/>
2373
THE COMMERCIAL &
2380
Monday,. December 13, 1943
FINANCIAL CHRONICLE
BUM
Bend: Record
New York Stock/ Exchanged®
«»
WEEKLY
'
and
the week,
italic
The
YiEARLV
-
"and Interest"—except
are
•
Treasury
4s
3%s-—
3%s
3%s
Treasury 3 %s
Treasury 3s_.
Treasury
«ry
Treasury
.
Treasury
3s
Treasury
2%s
2%S——
2%5_—
2%s
2%s
Treasury
Treasury
Treasury
Treasury
2%s
Treasury
2%s
Treasury
Treasury 2 Vis
2!%s
Treasury 2 Vis
Treasury
...
2 Vis
Treasury
2Vis_.
Treasury 2 '%s
Treasury
2Vis
2Vis
2 Vis
Treasury
Treasury
Treasury
2 Vis
2V2S
Treasuiy 2%s_
Treasury
Treasury
2%S™
Treasury
2 Vis
:
Treasury, 2s__
2s
—
Treasury
2s~
Treasury
2s
Treasury
2s—
Treasury
2s
.
Treasury 2s
;
2s
Treasury
i™
2s
Treasury
Treasury
2s
Treasury
2s
Treasury
l%s——:
Federal
High
> No.
101.7
105.24
j-d
M-S
111 6
110.6
M-3
111 21 111.21
109.9
112.23
MS
103 20 103.20
103.18
104.26
::
MS
*106 23 106.28
107.3
107.10
108.10
109.11
MS
j-d
*106. 13 106.15
j-d
*107 5
MS
M
series
114s
j-d
*100. 1
j-d
100. 1
'-•J-D
>
.
100.2
1980
19%
26
9
18'A
25%
18
A-O
18%
15
17%
24%
19
24%
;
—
18'%
17
M-S
J-D
18
101
hi 100
35100
100.6
'V
1
-v,
*101. 17 101.19
101.25
102.13
*106. 26 106.28
106.23
*104. 9
Af-S
*101. 29 101.31
10~L5~ 1027T
j-d
*104. 13 104.15
104.20
17%
V
17
14
17%
24
24
17%
'
t
52
100.26
*101. 10 101.12
100.14
j-d
100.15
M-S
100 .15 100.15
3
100.5
*100. 7
100.9
j-d
*104. 26 104.28
'
-
M-N
*101.2
Af-N
*100.31 101
§ A2d
*101.4
1st series-
58
20% V
20
19
99
M-N
'
11
20%
•
,
106
60
107%
139'%
5%s 2d series,
102.27
French Republic ,7s stamped
7s
7s__
extl 6s
(Republic)
71%'
45 "
part
86%
86%
86%
86%
86%;
A-O
*28
j-j
—1945
M-S
*99
1949
j-d
i '
■* ~~
'
1°%
1964
A-0
1952
extl 6%s
iCityf
(Colombia)
iPiov)
i
'
15% 523%
5
;
3
18%
80
'
■
Broadway*. New York
*57
*P6%
A-O
16'%
16'%
5
11
20'%
J-D
18%
18%
5
v;
15%
23 %
J-D
91
91
6
'
82%
98
11%
11%
AGtd
6s
fund
sink
Akershut
1947
1948
1968
_1945
lund 6s
e
of Norway) 4s
iDept) coll 7s A
-King
AAntloquta
55
24
1
221/2
15%
23%
A-0
*15%
181/4
16
23%
Stamp
f 7s 3rd series__1957
A-0
*15%
18
10
23%
Ext
-L-1958
*50
j-d
1948
M-N
S
f extl
conv
loan
4s Apr
„1972
4Vis
(Commonw'lth)<5s of '25-1555
External 5s of 1927
1957
Australia
F-A
85%
64
84%
68
781%
85%
A-O
85%
84%
851/4
42
79
92%
92
92 '/a
5
M-S
Af-N
™1949
91
87%
83%
94%
87%
18
7P
96%
*100% 108
j-j
*100
External
s
f 7s
1955
j-d
1941
j-d
50%
49%
51
1957
A-0
48
47%
48%
120
1957
A-0
48
47%
48%
142
„1952
1957
j-d
491/2
49%
50%
43
(U S of) external 8s
s f 6'%s of 1926
AExternal
AExternal s f 6Vis of 1927
'
f 5s
s
fund gold
fund gold
5s
6s
1958
1950
,
External
s
readj 4%-4%s
External s f 4'%-4%s
external
Canada
(Dom
of)
30-yi
,
30-year
87
91
2
83
94
95
1
87
97
92%
2 Vis
—
77%
77%
78
78%
79'% !
*95.
•
„
77%
Af-N
79%
J
—
*53%
92%
68%
21
3
....
78'%
69%
37
...
100
73
70
79%
71%
80 Ye
48%
32
56%
60%
1.03'% 109%
5
107%
111%
J-J
134% 104'%
3
101%
107%
4
97%
104%
3
97'%
104%
1953
15
1958
J-J
101% 131%
M-N
__
J-J
at
AExtl
A
A7s
102
ASao
A Chile
A 7s
'Rep)
A 6s
1954
s
1942
f 7s
sinking fund 6s
fund
101% 101%
A-0
1961
Feb
1961
F-A
18%
19
62
13
23%
12
16
A-0
,
,—
*11%
J-J
14%
15%
2
14
J-J ;
12%
12%
5
12%
17
J-D
36%
37
13
17%
38
J-J
33%
35
8
17'%
35%
'2
90%
1963
—1961
1966
7%s
extl 6s
Af-N
*42 Va
F-A
1952
—-1947
102
1946
8s
A-0
35
1953
(City oi>
F-A
30%
1968
M-N
•
33%
100%
105%
18%
21%
24'%
s
.
35
35
35
Af-N
J-J
J-J
1962
of)
s
AExternal
25%
AExternal sink
19%
13%
25%
Externa 1
19
26
External
19
19
18,
25%
sink
3%s-4-4%s
52%
48 %
30%
317/a
16
28
46'%
A-0
58%
60
53
55
72%
Af-N
14
14
1
10
„
20
13%
13%
*4%
14%
13 %
Af-N
J-D
9%
F-A
6s
1960
Af-N
1964
Af-N
*87
/
assented
ACv external
zsbs
AExtl
A 6s
yv-
s
j.
f 6s
Jan
sinkin?
fund
assented
'"Mantes
see
page
J-J
1961
J-J
Sep
1961
M-S
_Sep
1961
y-s
6s__
„
1961
Jan
assented
2384.
18%
20
"18%
20
__
45
19%
20
7
19%
2"'%
18%
19
53
38%
25%
20
20
3
18%
19
6
;
20
25%
18%
25 %
3%-4%-4tIV
extl
conv
—1979
1978
4-4%-4 Vis extl
readjustment—1978
3%s extl readjustment
—1984
A Warsaw
A 4
(City)
%p q<;spnted
13%
85
95
84
2
94
*88
87
88
64
•'
—
88
85%
,
78
72%
,
Af-N
67%
67%
31
68%
Af-N
*57
*57
61%
64%
F-A
J-J
72
71'%
*£1%
72
•
external 7s—1958
F-A
1.2
12
-1958
F-A
10
10
5
68
66
7
62%
69
60
65
J-D
10
-
14%
9%
1
—
———1979
——
19%
11
11%
•
9%
*86
fund 6s
94
,
27
■
*ids
33-
48%
10
F-A
dlustment—
39
17»/4
29%
1
36
J-D
conversion
.
32
40
1946
($ bonds of 19371
rea
33%
32
40
1955
fund
40%
7
35
1958
26
26%
1958
7s
f 5%s
20
4
ext)
27
31%
40
•
18'%
3
31
39
1962
18%
10
83%
Af-N
extl
sec
26
65
73'%
(Kingdom) —
(Republic) extl 8s
19
35
19
1940
A4Vas assented
19%
35
17%
83%
external
B
(Prov
20
18
34%
1957
8s
Serbs Croats & Slovenes
15%
17
1936
f—
7s
~1
20
20
21
13
83
30%
Tityi
15
31
34'%
33%
J-J
AUruguay
38%
33%
Af-S
M-S
19
37%
32%
J-D
1968
101'/4 102 Va
18%
16%
1967
1956
serlef
27
121
9
loan
A 7s
36%
31%
1964
fund 4s
102%
30
J-D
1966
fund gold
loan
ASilesla
30%
38%
A-0
——1946
1921:
water
105%
V. 35
54
30
54
102
(State of)—
dollar
secured
17%
20%
A-0
1950
gold 8s
7%s
f
12
13%
1950
s
23
23
*21%
extl
A8s
13
1968
(State)
§ A Secured
*4%
*5
A-0
^„1947
f 7s
s
•
extl
103%
19%
19
A-0
A 6s
13
18%
F-A
A-0
-1—1940
35
101'%
19 '
23%
(City of Brazil) 8s_—1952
Paulo
101%
3.5%
24%
12%
external
6
*15
13%
209
A6Vis extl secured
56
27
15%
A-O
i960
Feb
6s
__
M-N
M-N
1960
J
assented
sinking
J-J
1942
External
assented
AExternal
A Extl
8s
52
19
sink
A 8s
34
>
20
loan
lASan
14%
18%
6Vis
Paulo
20
19%
municipal
8ydnev
(City)
1959
104
19
Fe external
103%J.03%
-
32%
92
104
32
'
89%
73
20
external sink
Santa
J-D
—1—1958
(State)
Janeiro
T.91"'.:
70
89
J-D
fund
8s extl loan ol
A6s
89
M-S
(City of Greater)
sec
1.33% 103%
J-J
J-J
Rio
90
79%
*8i%
A7s
A-0
15
————————————————————Jan
ACarlsbad
94%
>72
1
Af-S
A7s external loan of 1926
77'%
77%
78
15
a
'
F-A
Jan
3s
3s
90
87 Va
*105
;
Alegre (City of) 8s
Prague
96%
80%
ser—--I960
1st
gold 6s
Rio Grande do Sul
951/8
91
sink
98 %
77%
f 6s 2d ser_—1961
s
AExternal loan
53%
95
*91
A-O
1961
1967
1968
1948
3s
30-year
90
Af-S
assented
Queensland
51%
1960
4s
3Vis
3s
34'
34%
F-A
Af-S
Jan
25-year
85%
71
—1947
7s
95
95%
101%
1
.
97
.—1967
A4%s assented
APorto
52
j-d
Af-S
M-S
1975
1984
f $ bonds
s
A4 V2s
56
34
of)
f 6s
s
Rep of)
AExternal
85
,
4
v.-
94 Va''.:
90
Af-N
—1994
to
ext
ASfabillzatlon loan
'101
36%
91
1
93
100%
.
Af-N
.——1963
A4%* assented
v
A
1976
1976
f 4%-4%s
s
„
96'%
•
A-1963
ser
external 7s
Loan extl
1
100
97
*100%
1977
f 4%-4%s
Refunding
External
3%
*
1961
stamped
A 6s
102
(Province of)—
Aires
Buenos
Ry)
'City)
Sinking
Sinking
99
*87
J-D
1955
f 5s
s
(State
loan extl
100%
96%
M-S
3%s
tRep of)
;v33%
ROt/a
..1
1
■'•"A
84'%
A-0
ref 3Vis series B__
A Nat
91
1955
mod
sec
'lAPolano
94 %
21
f 6s
L
-
91%
s
6V28
85%
82
extl
A Nat
94
851/4
100%
j-j
1956
4%s of 1928
96%
94
84%
External
Brisbane
1970
t 5s
s
96%
F-A
—1963
loan
sink fund 4%s
(Rep)
APernambuco
101%
13
94
100
M -N
..1971
1972
4'/2s
(Central
extl
AStamped assented 5s-
59%
42
57%
APanama
A Pern
4s Feb
A7s
-1944
6s
Bank extl
'Cltyi
■
33'%:+.
131/4
82 Vi
-
100% 100'%
*98
*15%
.
loan
lABrazil
94
Af-S
A-0
series
1st
conv
external
93'%
*88
A-O
24
f extl
Belgium
*88
F-A
24
17%
•
18 Ve
24
f
g
F-A
A-0
1956
15%
8
External
1957
1965
fund
;
:
21
(State)—
5s
4%s
15%
1945
1957
S
loan
t
15
-
*84
4%s—
16
(City) external 5sJ
conv
M-N
fund
f 7s 2d series___1957
s
J-D
lund
Municipal
19%
84
1952
7s
f 5s
external
sink
17%
14
89%
sink
Oslo
(National Government)—
S f external
.
62%
15%
13
18
32%
alnk
4s
11%
2
!:
32%
External
54%
62%
32
32
External
55
46
18%
1958
Wales
t
17%
7s
Areentlne
••
44
12%
9
2
•16
1959
(City)
s
18%
12%
*90
A
series
17%
f
s
18%
32
17%
s
AAntwerp
I.71/2
J-J
32
17%
AExternal
sec
541/2
*63 Ve
j-j
1933
i
'Statei—
M-S
*171/4
7s series D
AExternal
M-3
16
13%
12%
66
11%
J-J
M-S
j-j
Is series C
f
AExternal sec
*51
11%
J-D
1945
1959
j-j
f
2945
1945
f 7s series B_;
s
s
External
A-0
Q-J
1945
1954
1910
12%
9
"
10
1958
South
'
18%
17
1904
6s of 1913 assent
/:
25
"
16V<i
17
f 6Vis
j-j
s
AExternal
AExternal
A
*51
-.V'»-•' -'' '
Q-J
f 8%s_;
Norway
F-A
M-N
1945
s
External
(Colombia)—
Bank
Mtge
sluts
1899 £
s
External
AGtd
1954
!-1943
external
New
Agricultural
-1954
6%s
extl 5s of
tUSi
AMonte'-ideo
Municipal
97
A-O
M-N
1957
ASec external
A 6s
70
85
*
85
62%
*11'
I960
7s
assented
Assenting 4s 0/
ing 4s of
A Sec
24
12
68%
2
'
readjusted
4s
stamped
5 A Treasury
1-1693
.
;
1960
State Mtge Bk)
1
Mlnas Oeraes
NY
99
,
100
97
--
19%
18
80
1968.
f 6s series A
s
AAssentlng 5s of 1899
T eletype
31
89 7%
;
■
■
--
*
Exchange
89
18%
5 r;
;
42%
887%
72
*101
-
1949
A Assent
Members New York Stock
t,
v
72
4
Irrigation—
%s
AMexlco
Wertheim & Co.
86%
A ,0
86%
paid
Jugoslavia
A
87%
72
A-0
M-S
paid
part
'Republic)
Mendo/a
Foreign Securities
,
67 %
V
*• V' I
,V' 'v
Government—i /.
A6s
A4
73
,
42%
?
a-o
*
74
<
69%
67
1961
unstamped—
A7s
110%
(Republic of)
"
■47%
—1969
.1967
—
AEstonln
60%
30%
72%
72
72%
61
38 %
60
*58%
A-0
99%-
104%
108%
139% 139%
<
103%
.72% p
*
106
j-j
102'%
102'%
j-d
A-O
.
101 %
102%
99
98%
99
j-d
60
100
*1003'a
1969
-
102.28
103 %
27
39
Af-S
-1940
Customs Admin 5%s 2d series
100.10 100.10
101.5
107 J/4 108
108
J-D
sink fund 5%s.
series
Finland
j-d
1
Af-S
101.5
101.3
55
JADorainican Rep Cust Ad 5%s__T1942
§Alst series 5%s of 1926^
_1940
101.11
__
55
67
100.25 100.25
*1.00.22 100.24
55
A-O
5%s
2b-3
40
11962
103.16
101.12
100.9
-I
71
1
101.8
*101 6
j-d
100.29
"I
58
F-A
;
38
34
57
.
j-j
5 Vis,
38
30%
34
57
1952
.1942
1955
gold
37
Af-N
Czechoslovakia (Rep or) 8s ser A-1951
External gold 4%s
64
48%
34
1
j-d
F-A
1953
ASinking fund 8s series B
100.9
'
39
*33%
M-N
11945
lADenmaik 20-year extl 6s
100.30
100.12
34
—
5Vis
100.26
103.16
34
-1977
debt™
wks
External
100.2
15
100 .3
j-d
MS
external
100.9
*100. 27 100.29
A-O
*102%
Mexican
&
64
52
38%
33
*103%
4 Vis-
100.23
Af-S
1947
7s
Sinking fund 5%s
A
101.4
101.6
43
F-A
101.2
*101. 4
7
59%
42%
F-A
(Rep of)
loan
APublic
100.28
*101. 14 101.16
MS
59%
1949
104.20
j-j
59%
42%
——1949
Rica
AMedellin
Govt;
25%
30%
j-j
A-0
1961
'
Foreign
23
18
4
59%
59%
A-0
1901
(Republic of) 5s of 1904
External
a
2-2300
22%
16'
2
,.1970
__Jan
:
1940
-1947
1952
1953
1951
11944
4%s
*
104.11
L
f $ bonds
s
Irish Free State extl s i 5s
REctor
24 %
X ■
Mtge Bank 6%»
Helsingfors
120
23%
17%
'
18
External 5(s of 1914 series A
107.8
j-d
1927
Cuba
105.7
*105. 27 105.29
of
external
A Costa
100.10 101.4
104.30
"
——Oct
ASinking fund 7s of 1926__^
ASinking fund 7s of 1927
Copenhagen (City) 5s
/'
25-year gold 4%s
100.22
31
100.3 ;v-
a 6s
Haiti
Telephone
24 %
18%
171%
.
24%
17
M-S
7
24 %
19%
20'%
17'%
,
25 O
17
18'%
*18%
Af-N
1901
2
*18%
A-O
'•
,
17%
18
25%
,
(Republic of)—
AColombla
il00.21
"<S> 4
100.1.....
100. 12 100.12
»
5
,
,
'
-I960
;■
.
•.
Unification Issue—.
Corporate Stock—
-
_1
Af-N
5s__;
1928
3s
104
104
100.10
vg
j-d
:
j-d
1962
1962
.
.
Of
'
104.20
j-j
..
•
.
A6s
107.23
103.24
j-d
:
'
Greek
Transit
3%
106.20
103.10
100.3
100
100.3
-
MS
v
.
(Hukuang Ry)
Colombia
*100. 11 100.13
:>
j-d
Chinese
107.6
}
107.7
*103 8
M-3
112.20
106
*103. 19 103.21
•
•
A7s assented
a
City
York
^New
108.26
*106 14 106.16
MS
•
*18%
1
;
Cons Munlc 7s—
A Chilean
•r
j-d
18%
.
26
6
18
..
High
18%
18%
17'%
Af-N
-I960
assented.:
A 6s
•
18%
sink fund 6s_
A Guaranteed
•
18%
j-d
.1961
1961
assented
Low
28
-
*103 18 103.23
MS
:
A 6s
111.29
*111 14 111.16
'
1961
sink fund 6s
A Guaranteed
111.26
108.21
j-d
'
1944-1952
1945-1947
A
108.15
111.2
*111
Owners^ Loan. Corp—
3s series
111.9
j-d
1944-1964
1944-1949
3s
Home
109.4
111 9
'
•
'
*109 2
j-d
■■
111.6 V
19%
18%
19%
18%
j-d
6%s assented™
A
January 1
20%
18%
J."
..
Af-N
6%s
ASinking fund
V
106
;
Range Since
No-
20%
*19%
__
.
1961
A6%s assented
111.28
•
Mortgage Corp—,
Farm
3 Vis
105.15
105 .23 105.25
>
High
-1957
1957
Bank 6%s
AChlle Mortgage
110:27
110.13
110.7
A-0
*
Sold
'
18% :
A-O
'
<
Bonds
Friday's
-1963
1963
fund 6s
assented
a 6s
106.30
*110 .5
1962
"
103.3
*105 .23 105.25
j-d
'
*100 .31 101.1
j-d
or
—
1962
AExternal sinking
1-0
Last
Low
lund 6s
V-
Sale Price Bid & Asked
Period
assented-
•'
?,
Week's Range
Friday
Interest
10
Dec.
'
.
>
*
Stock Exchange
Ended
(Continued)
(Rep)
Atis
106.3
103.21
BONDS
AExternal sinking
*
*106 .16 106.18
Jtf-S
r
Chile
114.1
112.18
<
t
New York
•
Week
High
Low
"103 12 103.13
r. j-d
-
112.6
"•112 .4
1-0
—1963-1968
June 1964-1969
Dec. 1964-1969
1967-1972
1951-1953
1952-1955
—1954-1956
1947
Mar 1948-1950
Dec 1948-1950
Jun 1949-1951
Sep 1949-1951
Dec 1949-1951
March 1950-1952
Sept 1950-1952
1951-1953
.
1951-1955
•—1953-1953
June 15 1948
Treasury
Treasury
Sold
Low
1947-1952
—1944-1954
—1946-1958
1944-1946,
1946-1949
—1949-1952
—1946-1948
1951-1955
1955-1960
1945-1947
—1948-1951
—1951-1954
1956-1959
1958-1963
1960-1965
>
1945
1948
1949-1953
1950-1952
„1952-1954
-—1956-1958
1962-1967
4% 8™
.
,r
;
Range Since
January 1
Bonds
Sale Price Bid & Asked
Period
Government
S.
Treasury
Trea
Last
Interest
Stock Exchange
Week Ended Dec. 10
II.
Week's Range
w or Friday's
Friday
bonds
York
New
disregarded in the week's range, unless they are the only transactions of
account is taken of such sales in computing the range for the year.
'v
for income and defaulted bonds. Cash and deferred delivery sales are
when outside of the regular weekly range are shown in a footnote in the week in which they occur. No
letters in the column headed "Interest Period" indicate in each case the month when the bonds mature.
NOTICE—Prices
r
52%
72%
66
11
13
10
13 7%
.
•Volume
158
New
Friday
Week's Range
Last
or Friday's
Sale Price Bid & Asked
bonds
'■
<
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4237
York
Week
Stock
Ended
Exchange
Interest
i
10
Dec.
Period
>
Y
Low
>
Bonds
High
Vo.
Low
A
Stamped
Week
.
_.__1953
1953
*■98
j-d
J-D
—...
*65
48 V2
*104 Vi:!
J-D
*10234
10-year deb 4%s: stamped..._._.».1946
F-A
1st
...
Great Southern
ser
A
1st
mtge
with
ACent
Branch
U
P
*103% 104%
101%
105%
J-J
*107
107%
110
.1948
90
90
A-O
A-O
Albany & Susquehanna RR 3 Vis
3 Vas registered
;
1946
•..~5
90"
*84 Vi
—
101
A-O
1946
.108%
62
_2
101
A-O
.
90%
62
■
.
90%
94%
-
.
101 Vi
Div
J-j
1955
Central
5s
modified
1949
5s
modified
1950
A 5s
income__;
—1950
*
•
.
99
99%
J-D
100
.
92
A-O
87%
,
90
70
92%
4-0
15
60%
95%
90
18
53%
94
62
69%
100%
A-O
*65
F-A
104% 105
Allis-Chalmers
M-S
107 Vi
Am
M-3
90%
Mfg couv 4s____ ...1952
Foreign Po% deb 5s.___. ...2030
&
Amer I
Am
G
Cliem
5%s___-.
conv
—
1949
Internat Corp conv 5%s__^. —.1949
American Telephone & Telegraph Co.—
3 Vis debentures
1961
3%s
3s
Amer
Am
a
debentures
Tobacco
Wat
._____._._1966
,
debentures
conv
Co
,*..1956
deb
3s
Light 3%s.
Ann Arbor
1st
,„lst
sink
fund
income
7s
4s
107% 108%
107%
—
107 Va
110%
216
107
M-N
103
102%. 103%
75
75
1
r:__.
-
1
105
AO
119% 119%
119%
—I960
J-D
1st 4s__—1958
gold 5s_
Atl &
Charl- A L 1st 4%s
1st
1946
30-year 5s series B
Coast
General
L &
A.
36
23%
15
6%
13
13
13%
40
6V4
*55%
26%
—1964
mortgage
Atl Gulf
A-O
i
105 Va
Refining deb 3s
37%
%
1
110%
112%
81%
82%
14
27
23 Va
437
18 Va
26
28 %
193
16%
77
16'/a
36
20
34
26
24%
'»■
107%,
27
*23%
A-O
>71
29
~4
107% 107%
98%
99
98%
A-O
94
93
66%
65%
67%
85%
40%
.
38%
106% 111
67
94
F-A
M-N
'r M-S
\ ;
73%
83
7
99%
71%;- 95
169
73
73 %
55%
6
100
100
71%
100%
15
65
73%
92%
102
•?
M-S
M-N
F-A
1946
J-J
gold 4s_.—1989
J-J
Div
3%s
'
1
104
108
..y;
1
111%
4s
111%
114%
>
_i/v
3-D
•
■
*108
:-S
1st
cons
4s
1989
132% 132%
105%
105
7
106
130%
9
IIV
19%
22 %
1,876
108 Va
118%
:
*116
22
108%
102
121
115'A
II
*120
A-O
137%
102%
24
106% 106 %
J-J
—1949
/
120
15%
107%
M-S
102 '12
31%
104%
89%
90'/a
90
/
V'-l.il
>'
•
*'
104 V8
67%
i
93%
-115-
-
ref
68
67%
68%
88%
87%
88%
A
34%
35
J-J
31
32%
J-J
105 Va 105Va
i 2-
M-S
105% 105%
13
63
i
-
90
44
-
:Y-
-
4>
v
v
/
88%
'
.
series
Gen
inc
mtge
92%
102
100%
96%
105
97%
102%
50
81-
99%
65
84%
73%
92 va
98
F-A
84%
83%
84%
F-A
91%
90
92
1997
(conv).
J-J
1
A 1st
.
107
&
V; '
47
110
90
46
73%
J-J
44%
J-J
49
M-N
J-J
U
45 %
44
38%
49
49
9%
31 %
31%
53%
"1
43%
8'/a
9 Va
9
85%
,
2
29%
49%
48 Va
43%
10
124%.
76%
48%
66
*46
J-J
47%
118
v
74
44
<
J-J
—1966
32
/ "1
/
73
J-J
A 1st & gen 6s series B
May 1966
Chicago Ind & Sou 50-year 48
1956
191
47%
124% 124%
J-J
1947
5s series A
gen
■
M-N
1947
/ARefundmg 4s series C
105%
104
97%
1971
ARefunding gold 5s series B
40
100 Va
V
98
1977
—
A
JAChic Ind & Louisville ref 6s A—1947
45%
29 Va
'
59
"26
103% 103%
102%
M-S
Chicago & Erie 1st gold 5s
*1982
Chicago Gt West 1st 4s series A—1988
:
AGen inc mtge 4%s_——
2038
73 V,
74Va
Y 32%
102
-
.101% 102
1949
,
J-D
J-J
103%
93%
.1958
5s
102
J-J
1949
Chicago & Eastern 111 RR—
110
103%
102%
,3
'
•
4s
registered
&
J-J
1949
Division
1st & ref 4%?, series B
1st
102
.
^
3-2
1949
registered
General 4s
'
102 & 102
*
M-N
—1953
19%
57%
20
11
.'111
111
,.'■■ F-A
1996
Illinois
111 Va
105
1959
4s
19%
35
'
28%
v
J-J
1948
Illinois division 3%s
'
107%
1
/
1952
Oct
27
VV
27
1996
2d consol gold
107
95%
1948
i
& W I SS coll tr 5s
Atlantic
11
_1948
gold 4s
.
I.
J-j
1942
V
57%
:
•
5%s A___.
tAChlcago & Alton RR ref 3s
120%
96%
-
•
-
112% 112 %
3-J
July 1952
4%s A
*107
3-J
1944
Atlantic & Danville Ry 1st 4s
Second
111%
'•
*105% 107
J-3
.—1944
_
1st cons 4s
unified
coll
N
114%
50
289
13%
1992
R & A
'
gold 4s of 1910
Atlantic
107%
108 j/4
91
40
Chicago Burlington & Quincy RR—
110% 110%
1st
103%
1
110% 110%
Atl Knox & Nor
6
111% 112%
106%
68%
13%
Potts Creek Br 1st 4s
102%
103%
80
104% 105 '
J-D
—
-
-
4%s
gold
57%
9
a
37%
impt mtge 3%s D
Ref & impt M 3%s series E
78%
*
Prod
30%
89
13%
J-J
1962
Ref &
102
112%
General
V
26
104% 105
3-D
Trans-Con Short L
,61
*102%
F-A
.1955
Conv
74
Q-J
—1955
gold 4s of 1909
51%
2
105% 106 %
Conv
110
67%
Nov
Conv 4s of 1905——
•
Chesapeake & Ohio Ry—
105
S8%
67%
M-N
.
100%
7
Jan
M-3
;
42
•:
109% 110
Certain-teed
50!
38%
'
'
5s—.i._.___.1960
117%
Adjustment gold 4s_——1995
_„1995
gold
&
60 Va
87
1987
3%s_.—
Banking-—
§A5s-stamped
110%
43
114% 115%
*
105%
102 V3
50
J-J
1st
—
,29-
107% 108%
J-J
.
RR
100%
87%
J-D
..1987
a__,
Power
Guaranteed
8
48
A-O
.1966
registered—;
N Y
102%
A-O
ref gtd gold 4s_1949
Through Short L 1st gtd 4s
^..1954
107%
115%
Stamped
4s
104
108%
A-O
Atchison Topeka & Santa Fe—,
General 4s__„——
—_1995
10
4s
Centfel Pacific
106
107%
(Del>..1957
C
106% 106%
103%
3-D
1978
series
debenture?
24
4s
Central
91%
A-O
A-O
*
110
78 Va
105 Va
104
i M-N
gold 4s
1995
Ark & Memphis Ry Bdge & Term 5s 1964
Armour & Co (Del); 4s B__„
—1955
105%
M-S
1975
Anglo-Chilean Nitrate deb—.—1967
106
8
AGeneral
107'/a
1
20
—
F-A
New Eng 1st gtd 4s....'..1961
JACentral of N J gen gold 5s
.1987
5s registered^
...1987
Central
,—1962
Wks & Elec 6s series A
102
84
91
90
106%
J-J
_9
108% 107 Vi
105
M-N
67.
101
9
106%
110%
50 Va
Ry—-
,
High
62
107%
10
101% 101 Va
101%
...
Alleghany & West 1st 'gtd 4s... ...1998/,;:
Allied Stores Corp 4%s debs
..V1951
Low
15
•
107%
50%
J-D
tACent
,
.
Illinois
'
104% 104%
j-j
1948
•
Alleghany Corp—
107
'
gold 4s._1951
gold 5s__
.1946
1st
No.
109% 1093/4
F-A
Div pur money
A Mobile
vi',
M-N
A 1st
mtge 5s
Nov 1945
8 AConsol gold 5s
..1945
A Ref & gen 5Vas series
B.......1959
ARef & gen 5s series C
..1959
AChatt
,
99
ajva
V.
Bange Since
January 1
Sold
'
.....
V
Bonds
High
98% 100
M-S
10«2
„
1st gold 4s
(Central of Georgia
M-N
Friday's
or
Sale Prioe Bid & Asked
/-J
1981
Celotex Corp 3%s
106 V
■;
1950
w
1st gtd gold 4s...
Corp 3%s debs
debs.
Celanese
103
103%
3tr
-
w
Cart & Adir
76%
104%
1972
assented______1948
warrants
104
Ohio 4s
Corp 5s
102
—
104
104
1965
102
—
Week's Range
Last
Period
1949
Clinch &
Carriers & Gen
71 Va
1967
.
3l/2S
Albany Perfor Wrap Pap 6s
6s
Interest
<„
y'
,
Low
RR—
3%s
Power
mtge
10
High
64 Va
M-S
Alabama
Friday
Exchange
Dec.
tSACarolina Central 1st gtd 4s
1947
Alabama
Stock
Ended
Carolina
Express coll tr gold 4s_._..1948
Coll trust 4s Of 1907
New York
■'}
Railroad and Industrial Companies
(Abitibi Power & PaperSi a 5s series A unstamped
Adams
BONDS
r, ■.
'
Range Since
January 1
Sold
2381
63
./
10
6%
40,
•
15%
6%
12
87
58
15%
66%
93
43%
70%
40%
66 %.
(Chicago Milwaukee & St Paul—
AGen
4s
A
series
Baltimore
1st
&
Ohio
July 1948
Stamped modified bonds—
1st mtge gold
(int at 4%
*
1
Oct
1946)
Ref
&
gen
to Dec
•
(int at
Sep 1 1946)
& gen
——1995
1946)
Ref & gen ser D
Ref
70%
i 89
',;v 71%.':C 71 %
72%
89
59%
A-O
J-D
F
X
60%
I
38%
;
37%
38% A
J
77%
J-D
43%
M-S
•YY 38%
V
42
44
158
38%
"J
32%." 52%
191
.1
' y/.V.v
;
V
155
-
Ref
'
—Feb 11960
M-S
37%
38%
37%
57
32%
1
:1951
F-A
64%
38%
111
32%
27%
30%
M-N
>
30 %
463
24%
66
51%
■
3-J
J-J
54
52%
54
53
;
53%:.
v
53%
■V 4s
V
.—1951
stamped
1951
gtd 3s„1989
Beech Creek Extension 1st 3%s
1951
Telephone of Pa 5s series C—1960
Beneficial
2Vis
■/•
J-J
J-D
49
75
74
A-O
A-O
\
,
V.
;
F-A
Consol
f-A
mtge 3 Vis series H——1965
Big Sandy 1st mtge 4s-——-1944
100
'
49%
39
.1955
gold 5s—
1950
1st lien & ref 5s series B
Buffalo
Buffalo
Gen
J-J
83
M-N
49%
F-A
40
ftY.
M-N
3%
1946)
to
(interest
due
Y
^
M-N
99%
J-D
—1934
.
of
deposit
43Va:
Consolidated
Bush
Term
—.1952
—-—1955
5s.
A-O
&
A 1st
&
-
ref
4%s C
Bldgs 5s gtd——.—I960
A-O
Railways
1st
5s
gold 4s
1
100%
*
102%
105%
103
~
Chic T H & Southeastern
Income
cons
National
gtd 5s a— 1962
gold 4V2S—
.1957
:78
1st 5s
101%
1st mtge 3%s
39% '
58
23%
gold
5s
.;
Guaranteed gold 5s„
-Guaranteed gold 5s—
Guaranteed gold 43/4s__
3
Guaranteed
gold
20
83%
109
A Debenture
2
109
109
96%
105%
•
43%
y
-V 43
vi-
Canadian Northern Ry deb
Can Pac Ry 4% deb stk
35%
equipment trust ctfS:
201
11%
81
■
75
77
88%
.
trust
Collateral
For
-3106%
7
113%
118%
113%
118%
page
*116% 117
.1954
J-J
M-S
2384.
115% 115%-
,111% 111%
84 Vi
104
-
84%
102
Y 103% 104 Va
99% 100
109
23
1,482
4
68%
71%
31
54%
56%
56%
367
A-O
35%
33%
35 %
15
46%
36
37%
309
8%
58 Va
57%
•
19
36%
20%
608
9
*—
71%
33%
1,548
40%
13 V8
4Va
;
90
70
92%
67
75
53%
71
"
M-S
t*71
II
64%
74
J-J
109
J-J
103%
J-J
103 Va
20
62 Va
75
,59%
59%
74
60
71
49
6?
*50
Y
64 Va
59
55%
56%
,108% 109
20
107%
110%
100
2
103% 104
103%
105 %
19
104,Y104%
103
■<
M-S
A-O
105 %
13
97
105%
41
13
48%
10
50%
53
50
48
A-O
m-n
94%
48
53
48
mtge 3%s_.
——1967
Cin Union Term 1st gtd 3%s D—1971
J-D
gtd 3%s series E
Louis Ry—
97
38
68
28%
55%
108%
111%
110%
112
•*
1
110%
a:-n
*109% 110 Vi
108%
110%
F-A
1969
*112%
109%
113
1993
Div
1st 4s_
J-D
1977
J-J
J-J
1991
"90%
146
53 Va
15
77
1
90%
46
77
53
55%
53
•
89%
85%
—
54%,
54%
M-N
1st
71
12
88
88
J-D
1993
gold 4s
&
Pittsburgh RR—
gtd
gtd
Series
C 3%s
Series
D
65
■-113% 119%
111%
118
12
110%
114
—
A
ref 4%s series
,
.
46%
61
,,58%
83%
m-n
F-A
*108
F-A
*106
J-J
*106
B
1981
1961
A-O
95%
1972
A-O
93%
A-O
gtd
5 l/as_;
gt.d„
..1973
s
f 4%s series C_—
^.1977
112
113%
36
•1
71%
102
gtd 4s_
Colo Fuel & Iron 5s
inc
.
Colorado
&
88%
105
13
G &
E
95%
105%
23
91
101 y4
— —
'
105
'
106
96
71
99
93%
38
75%
94
85
87'A
84
64%
87%
74%
75
76 Va
74%
*74'A
6
' r
59%
.122
•
—
"
78%
104
103%
93%
80
88
m-n
m-n
88
2
48%
50
170
:l03Va 104
1961
1st extl gold 4s__1948
3V4S_.
1970
48%
28
92%
104%
54
88
103%
-
J-J
103%
103 V4 103%
103%
*109%
A-O
Columbus Si Tol
ACommereial
deb
1st
extl 4s
..1955
107%
107% 108%
M-s
*113% '
F-A
112%
—
Mackay Corp—
w
w_*
^_*_Apr 11969
May
.
-Ill
46%
109%
—
-
Ohio El
'
54
112
Commonwealth Edison Co-^,1st mtge 3%s series I
Conv
108
.
"■
"
deb
Debenture 5s
Columbus & H V
Income
108
108
'
95%
A-O
Ry.'-f-^! ''
modifiedfcY-- -1980
5s—Y.LMay 1952
■
93
,,
J-D
mt^e——1970
Y
i'i
Southern
(stamped
Columbia
A-O
1945
109%
105
1948
gtd 4.%s
1st
106%
17
106% 106%
106%
1950
f 5s series .B
Columbus & Sou
■>
J-J
..1977
3%s
s
4%s
~r
*111% 112%102
52
12
F-A
1st
96
118%
5
.1960
79
111%
25
.
see
'c
115% 115%
4%s
fotonotes
19
11"
109%
115% 115%
gold -5s
trust
95%
1067/8 107 Va
'
45
10
J-J
1957
Coal River Ry 1st
108%
115%
J-J
42%
12
108% 108%
Cleveland
58
9
115%
F-A
49%
45
M-N
coll tr gold 4s——1990
Cleveland Elec Ilium 3s
1970
92
21
J-D
J-D
49%
22 Vi
J-J
1944
22%
1943
5s_
& Elec
Cin Wab Si M
23%
11
J-J
—
68
F-A
General
50%
1970
perpetual
5s
Coll
45
Cleve Cin Chic & St
110%
106
/
116% 116 %
•
43
Va
3%s_——1966
St L Div
109
111%
44
1962
Ref & impt 4%s series E—;
92
68 Va
115%
78
48%
1963
5s
Gas
1st mtge
115%
"
86>/a
A-O
39%
23 Va
—1952
4s
Cincinnati
99
66
J-J
60%
40
72
J-D
>
(AChoctaw Ok & Gulf cons 5s„.—1952'
110
86
F-A
35%
73 %
J-D
101
1969
1955
28
60%45%
1960
111
1969
II_. .1951
6%5-I* 1946
64%
70%
J-D
101'
,_Oct
1956
4Vis.
33%
44
1963
com
1st & ref 4%s series D
_Jjuly
gold- 4%s
Guaranteed
127
%
58 "i
J-D
108%
-'••A
2
86
106%
62
59
,
series F
Chic & West Indiana
(AChilds Co deb
8
94 %
60%
63
46
20%
A-O
33%
34
J-D
guaranteed 5s—.—Dec 11960
deposit
Chicago Union Station—
1st mtge 3%s series E
94
92%
75
21%
J-J
22
43
35
1st
•Guaranteed
62
60
61
.-4
1st
Canadian
00%
57
59
ACertificates of
64
19%
A-O
60
103
Gen &
1966
32%
73
1951
Memphis Div 1st gold 4s
Cleve Union Term
4s
33
16%
45%
1951
3%s
Gold
•
Cleve Short Line
Canada Southern
58 %
44%.
4%
deposit
General 4%s series
California-Oregon Power
74
'73%
M-N
1927
of
106
86%
95%
*86%
:.Yv
stpd
part paid
ACertificates
105%
7-3%
66%
■
74
45
J-D
1949
103%
13
20%
A-O
J-J
44%
32
60
M-N
1987
1936
May 1 2037
103%
91
20%
;
M-N
i_May 1 2037
ref 4%s stpd——May 1 2037
6
80
21%
/
Bush Terminal 1st 4s
'A 1st
M-N
8%
~3
105
42%
'
M-N
M-N
37%
101-
(Burlington Cedar Rap & Nor—
ACertificates
•*.
ref
General 5s series B„
M-N
61
m-n
111% 111%
'
60
33%
1951
98 Va
YY. 1
101
'
30%
67
'
57%
m-s
109 '/a,
/\Y;Y:; >
8
60 Va
1987
inc tax
gold 4%s
Chicago St L & New Orleans 5s
104 %
at
57%
57%
J-D
40%^
95
57%
60
M-N
M-N
1960
50%
105
2,855
2,173
18%
14%
5 ASecured 4%s series A—:
28
;*
44'A
13%
AConv
107% 108%
."'
41%
14
1987
Fed inc tax
5s
5ARefunding
105%
—
43%
M-N
(AChic R I & Pac Ry gen 4s——1988
75%
103%
105
45%
A-O
gold 5s
49 ;Y
36
■""•''•'"/Mi
50
1987
p
n
6%s—
25%
75%
45 %.
104% 104%
95%
M-N
69 Va
1987
registered
102%
: ;Yy
93
,101
:
67 %
F-A
.—1987
AConv 4%s series A
108%
V
F-A
——1957
§ A 1st & coll 5s_
4s
&
•
61%
104%
J-D
1957
Niag Elec 3Vis series C—1967
modified
,
108% 109'A
F-A
1981
Elec 4%s B
Y
M-N
Buffalo Rochester & Pgh Ry—
Stamped
AGeneral
3
83
93
■
69
132V4
103
82
—j)
109
100%
5
94
•"
69 Va
99%
•
100% 100%
A——1947
series
os
<■
J-D
*91
1966
Bklyn Union El 1st gold 5s——1950
Bklyn Union Gus 1st cons gold 5s_1945
ref
♦103% 105
'Y.-..—
67%
128%
-
101% 101%
M-S
Bklyn Edison cons M 3Vis——
&
101%
23
370
V: 5
105% 106
A-O
(a Boston & N Y Air L 1st 4s
lien
.
62
'y
310
63%
1934
1952
Y;
■'■:•/'
104% 104'A
u—
M-N
4%s series JJ——-—-1961
1st mtge 4s series RR———
.I960
AInc mtge 4%s ser A
July 1970
1st
J-J
67%
69 Va
16
100
—1967
5s series II
1st gold
Debenture
:. y .
82%
99
-
—1955
1st 5s A C
& Maine
•
60
'
M
•-
59%
v
'•
:
100% 100%
'
J-J
—1959
Consol mtge 3s series G.—-—-I960
1st
46
;V, 48
i
129% 130
JY
.
5
1.1*
*98
*
129%
J-D
—1952
debs
•
A-O
Consol mtge 3Vis series F_
Boston
•
40%
T.
17
75
*48%
A-O
1950
2V4s_—
_
Beth Steel 3 ¥28 conv
May 1 1989
(SAChicago
y 73%
J-J
1956
Loan
Indus
debentures
F
A 1st
RR—
'
Bell
•
78
•-
,•
_
Battle Creek & Sturgis 1st
series
stpd Fed inc tax
A4%s stamped
52%
^
1950
Bangor & Aroostook
Con ref 4s
4%s
AStpd 4s
70
v
.1959
1947)
69 Va
•AGen
37%
64%
(int at 3%%
due
Jan
J-J
52%"
•
63%
'
Toledo Cin Div ref 4s A
to
—May 1 1989
§ASecured
gold 4s extended to
S'west Div 1st M
E
AGen 4%s stpd Fed
1996
due
AConv
'
series
—
'
35%
Pgh L E & W Va System—
.
4%s
(Chicago & North Western Ry—
/AGeneral gold 3%s
—1987
/ ;
3'/as registered
1987
to
Sep 1 1946) due
„
67 Va
..AMtge gold 5s series A
1975
AConv adjustment 5s—.Jan 12000
'
.
62%
4s
2000
(int at 1%
65%
63
69 Va
(Chic Milw St Paul & Pac RR—
75%
(int at 1% to
due
ser
69%
lVa%
due
C
ser
1
69 Va
.
July 1948
Ret Si gen ser A (int at 1% to
Dec 1 1946) due—
1—1995
*
A-O
to
due
67%
J-J
AGen
RR—
gold 4s
mtge
J-J
J-J
AGen
B
May 11989
AGen gold 3%s series B—May 11989
4%s series C—May 11989
AGen
debs
3%s„;
—
...
1968
J-J
109% 109%
J-D
1958
112
111% 112
.
53%
110%
111
112%
114
7
109%
111%
10
108%
115%,
Monday, December 13; 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
82
NEW YORK BOND RECORD
Week
Last
Interest
Stock Exchange
Ended Dec. 10
Asked
Hiah
Sale Price Bid &
Period
Sold
No.
Low
ref 4%s
1951
3%s A———1961
Consolidated Cigar 3%s s. f. debS-1953
Consolidated Edison of New York—
& L 1st &
Conn Ry
Power s f
Conn River
—1940
1948
—1956
1958
deb 3%s_—1951
fAConsol Ry non-conv deb 4s——1954
ADebenture 4s
—-—
1955
A Debenture 4s
—1956
Consolidation Coal s f 5s
—1960
debentures
3 % 3 debentures.
3 % s debentures
3%s debentures
Consolidated Oil conv
3 %
s
Power Co—
Consumers
——1965
1st mtge 3VaS—
——1967
1st mtge 3VaS—;—-■—
1970
1st mtge 3 Vis—
1966
1st mtge 3 Vis
——— ,
-1969
Crane Co 2 Vis s f debs"^£2
Crucible Steel 3Vis s f debs—,.1955
mtge 3%s
1st
—
Ry 1st
receipts
SACuba Northern
ADeposit
ACuba RR 1st
1942
5%s
——---
1952
5s gold———
receipts—.—>.
series A extended to
ADeposit
A7 %s
—
1946
receipts
extended to——1946
ADeposit receipts—
----Curtis Publishing Co 3s deb_——1955
ADeposit
*113V8
F-A
*109% 110
4%s_:.
Cairq Bridge gold 4s_.
Litchfield Div 1st gold 3s—
40-year
101% 101%
6
100 3A
A-O
104 ',
103% 104 Va
12
1033/4
A-O
104%
104% 105%
16
104 Vi
39
103%
1
31%
43 Vi
33
J-J
39
39 Vi
32
51%
nOOiV, 100%
92
J-J
103
783/4*
J-J
F-A
J-J
68 /
77
58%
583%
59
49
42
61
59
59
30
47%
60%
1951
J-J
63%
63%
64
44
48%
65
J-J
*87%
95
62%
80
242
47 Vi
.
60
43%
563%
4s——1950
J-J
J-J
Af-N
108
2
108
110 '
109% 109%
2
109
111%
M-N
110 Va 110 Va
16
110
112%
1st gold
Ind 111 & Iowa
M-N
M-N
109%
98
J-D
109%
»
102% 103
98%
97%
42 %
36
36%
52%
44%
27
40
1
38
53%
30
36
44%
51%
51%
.5
36%
37%
4
Hydro El deb 6s——1944
Internat Paper 5s series A & B—-1947
Ref sink fund 6s series A_
.—1955
48
39%
96%
100% 100%
A-0
40
26%
lien
1st
101
ref
&
81
98%
98%
21
1063/4
101%
46
43
1023/4
102%
*1023/4 103%
104
24%
108
52%
17
15%
17%
231
6%
24%
41%
39%
41%
32
233/a
48 %
39%
413/4
102
52
53%
56
38%
104% 104%
20
102%
105%
14
104%
107%
41%
52%
104%
107
106%
48%
23 %
70
92
101%
101% 101%.
"5
95%
102%
63%
803/4
85 Va
99%
*97%
78
77%
78%
91
83%
83 Va
84 %
198
66%
3%
44
1%
3
3
Af-S
.
104 3/a
44%
,*101% 102
F-A
4s——1951
& ref
A Iowa Cent Ry -1st
47%
108% 110
108%
46
J-J
5s—*.--.-.1955
Debentures
24 3/a
104% 104 %
F-A
.
99%
82
108 Va
*40
*
Af-N
4Vis—1952
deb gold
98%
1
Af-S
B
.-1972
6%S———1947
Int Telep & Teleg
♦
52
Cent Amer 1st 5s
Int Rys
a
50%
A-O
J-J
J-J
A-O
J-J
1956 V;
.—1956
gold 5s series C__
A 1st
56%
51%
A-O
J-J
Internat
Vi
27%.
42
38
*35%
Adjustment
55 Va
A-O
A-1952
A—July 1952
6s series
A 1st 5s series B
a
56
A-O
.
1947
tATnter-Great Nor 1st 6s series
98'/a
45
"
*49
J-D
Interlake Iron conv deb 4s
2
44%
50%
J-D
103%
78 3/a
Af-S
,
93
54
52%
49>
J-j
111%
gtd 4s_——1956
Indianapolis: Union Ry 3Vis ser B_1986: 1
Inland Steel 1st mtge 3s series F—1961
Inspiration Cons Copper 4s
—
.1952
32%
2
78%
78%
J-D
J-D
108%
37
42%
35%
J-D
,
F-A
101
11
109'
s
A-0
.
tAInd & Louisville 1st
106% 109 Vi
3
106 Vi 107%
107%
M-N
108
94V4
63%
28
Springfield Div 1st gold 3%s——1951
Western Lines 1st gold 4s_——1951
111 Cent and Chic St L & N O—
Joint 1st ref 5s series A
——1963
1st & ref 4%s series C
———1963
51%
39 Vi
54 %
85
~1
Gold 3 %S———
51%
*~
42%
96
71
105%
39 Vi
J-J
673/4
161
48%
Vi
*94%
''
56%
66
64
46
48%
High
Low
99
78%
109%
105 Vi 105%
105%
January 1
No.
70%
108%
J-J
Range Since
Sold
High
78%
107%
106
Bonds
Friday's
J-J
104%
series B
A 6s
111
102
101%
J-D
or
66
M-N
F-A
J-D
—.>-1953
1966
1950
-1951
.Louisville Div & Term gold 3%s_1953
Omaha Div 1st gold 3s
——1951
St. Louis Div &, Term gold 3s——1951
Refunding 5s
108%
100%
*100% 107
Week's Range
Sale Price Bid & Asked
Illinois Central RR—(Continued)
A-O
J-J
•
Low
114
15
101% 102
J-J
10
Dec.
Last
Interest
Period
Stock Exchange
Ended
Week
Hiah
Low
113%
J-J
York
New
Range Since
January 1
Bonds
Friday's
or
Friday
BONDS
Week's Range
Friday
BONDS
New York
6
D
L 1st mtge 3s
— 1t)70
Union Ry 3Vis series B—1965
Delaware & Hudson 4s extended—1963
jSADen & R G 1st cons gold 4s_—1936
§AConsol gold 4V2S———___1936
tADenv & R G W gen 5s
Aug 1955
A Assented
(subject to plan)—.
1043/4
33
105%
105'
J-J
108%
James Frankl
Dayton P &
J-D
Dayton
M-N
76
74%
76
J-J
44
42%
44%
44%
45%
8
5Vi
53
33/4
3%
5s series
ARef & impt
B——1978
& Ft Dodge 4s ctfs——..1935
Plains Val 1st gtd 4V2S—1947
*103
J-J
5
F-A
series H——T__-1970
Detroit & Mackinac 1st lien gold 4s 1995
A Second gold 4s
—
—1995
Detroit Term & Tunnel 4%s
""-1961
Dow Chemical deb 2Vis————v—1950
Dul Miss & Iron Range Ry 3Vis—1962
& ref 3s
Sou Shore &
f § ADul
Atl gold 5s_—1937
3Vis
1965
Light 1st M
Duquesne
21 Vi
3%
4%
38%
40%
89
M-S
;,/•■
99'
112%
104%
103%
107%
40%
40
51
29%
26
34
Minn Nor Div 1st 4s—1948
& Ga Div 1st 5s
1956
Ed El 111 (NY) 1st cons gold 5s
1995
Elec Auto-Lite 2Vis debs——.-—1950
East
Tenn Va
Elgin Joliet & East Ry
El Paso & S W 1st 5s
5s
stamped-
3Vis———1970
—■
1965
■—^—1965
Fuel 3 ViS————1962
Empire Gas &
Railroad Co—
4s series B—
_1995
AGen mtge inc 4Vis series A
2015
N Y & Erie RR extl 1st 4s—-1947
Ohio Div 1st mtge 3 %s
1971
Erie
1st cons M
A-0
i-——
\
15
106 Vi
23 Vi
22%
33%
109% 109%
10
107%
J-J
109
:
1st
A-O
:
.
J-D
;
*106
W-'-V
J-J
100%
....
.
78%
■'A-
A-O
*75
;
—
.
102
}
■
>7^
106%
"vi ^;t V
'=' -■
Laclede Gas Light, extd
iColl
&
65
80 Va
14
99%
100 %
59"
60 Vi
J-J
198
92%
177
101%
60%
100
101:
55
106%
*100% 107
A/-N
M-N
*103%
„
,
99
__
Af-S
Af-S '
1/
101 %
65 V*
107%
104%
-1947
gold(;. 3 Vis——1997
1961
1958
Si Rub 3s deb—
debs
$AFlorida Cent & Peninsular 5s—^1943
tFlonaa East Coast 1st 4Vis—..
1959
A 1st & ref 5s series A
—;
1974
ACertificates of deposit——
Glover RR—: 1
§A2-4s (Proof of claim)..
—1982
ACertificates of deposit———
JFonda Johns &
Machinery Corp 3s
Food
Francisco Sugar
debs—1956
—1950
coll trust 6s
102%
9f
12
102%
102
102%
*102% 103%
Af-N
J-j
__
J-D
.
j
i—
35%
Af-8
35%
,11
41
38%
4
15
19
4%
14%
102%
11%
4%
103%
80%
99%
*103
25
98
98
M-N
99
20
11
11
11
j-D
1031/4
108Vi
193/4
91
37
37%
105
76%
18
97 Vi
97
*33%
M-N
83
:
*106
108%
105 Va
108%
100 Va
104%
1%
-
" 4%
•
13
98%
98 Va
45
85%
99%
98 Va
98%
35
85
993/4
91%
93
17
93
Dec
62% •!.
Lehigh
J-J
97
stamped-'--.^—------------1954
1st & ref sink,: fund 5s_l
-1964.
5s,stamped—
i
1964i
1st & ref sink fund 5s_—
^1974
5s /stamped————
1974
Leh Val; Harbor Term gtd 5s_
—1954
Lehigh/Valley N Y 4%s ext—1950
97%
76
78
17
733/4
82
75
96 Va ' 97
98 %
98
>
100 %
7
94 Va
95
95%
7
87
96
85
F-A
85
85
89 V;
83
93
75
♦651
F-A
101
85
-
:.85
5s
Lehigh Valley RR—
:
—2003
4s stamped modified—
—2003
4s registered—
4%s "stamped modified-—. —2003
2003
v" -4 Vas .registered——i—.
18
/
100
100
M-N
Lehigh Valley Coal Co—
,
/• '
ls%& ref sink fund 5s—L——1954
89%
62 %
96%
-
A-O
-—1965
Y 1st gtd gold 4s——1945
93%
80
61%
J-J
1954
.4%s series C—
101%
83%
87%
reg-/—iU——1975
Coal & Nav s f 4 Vis A
-1954
mtge income
.
99%
J-J
J-D
,.
a 1st.
•.
101
100%
98 Va
98%
J-D
Cons Sink fund
Af-N
107
4
5
-
5
100
100
A-O
—1997
registered—-——
Lautarb'Nitrate Co Ltd—
r
3Vis
Lehigh & N
Flintkote Co 3s
106Va
■'
F-A
Lehigh Si New Eng RR 4s A.
Firestone Tire
105
L
F-A
•
88 V?
w'.
i."
'
:*4Vs
;•
'
•
175%
104
104
95
170%
'
105% 106
•
l'
83
mlm*-,..-
"
.
*109
106
Af-S
3% to-—..
-5s extended at
Lake Sh & Mich Sou
J-J
*105% 107%
J-J
933/4
93%
"5
*160 Va
J-J
61
85
mm.**'
'
'
88%
88%
:
"
■
Lake Erie & Western RR—
98
79%
118
46
5
-
'
A-O
5s——1945
—1953
D—;—
-I960
Coll & ref 5 %s series.
78 V8
110%
111%
*93%
*
J-J
5%s Series Ci.
ref
82 Vi
64
79
-
99%
110%
151%
102 %
*100% 101
;
Af-S
A-O
103
148
10
109% 109%
*145
■
J-J
J-J
3%s_——1961
Kresge Foundation 3% notes——1950
tAKreuger & Toll 5s ctfs
1959
693/4
1053/4
;/
.
93 3/4
*893/4
75
30
28
51
51
J-J
89
62%
*114% 120
J-J
—1954
6%S——
73%
107% 108
J-J
'
26
69%
73
73
"-'-i
91
61
'
' '''
108 3/a
107
*107% 108%
„
M-N
ref
&
69
61%
66
.
-v
J-J
Stamped
111%
23
23%
J-J
,
98 Va
86
70
:..V-
69%
J-J
Koppers Co 1st mtge
Vi
36
108% 109
A-0
A-O
Southern Ry 1st
V
99%
102 Va 103
6
102% 102%
102%
M-S
85%
25
99
98%
Af-N
67
96%
V8
68 Va
69%
'''
—_—J———1961
Plain;
1961
4 Vas
unguaranteed—-——1961
Kings County El L & P 6s——
1997
Kings Co Lighting 1st 5s———1954
-
.
V
East Ry
4s_1936
*98
A-O
3s—-1950
Ref & impt 5s
Apr 1950
Kansas City Term 1st 4s
—I960
Kentucky Central gold 4s——1987
Kentucky & Ind Term 4%s
1961
Kansas City
112%
*23%
J-D
46%
94
K
1st gtd gold 4s__ 1990
t§AK C Ft S & M Ry ref gold
ACertificates of deposit^-^
20%
6%
109 Va
f'
'5
,c
,-'| •'
& Mich
Kanawha
109%
*40
Jones & Laughlin
;./';V
.
109 Vi 110 Vi
104
104%
J-D
J-D
.
12 V»
45
89
!' 99%
■•"110% 110%
*
12%
18%;
19
19
*97
•
50%
4%
J-J
953/4
36
59
95%
1961
Steel 3V4S
85
55%
58Va
J-D
4s—.—..1959
& Clear 1st
49 Vi
22%,
39%
Af-S
Gen
155
F-A
A-0
Gen
80%
A-O
tADes
Edison 4S series F——1965
& ret mtge 3Vis series G_—1966
74
292
jAUes M
Detroit
132
.
713/,
73
63%
F-A
'
74 Va
64
/65% 65 V\
r.
/
•
=73
'71
65
'?
65
65
4
62
F-A
543/4
543/4
57
48
44
66
J-J
63%
63%
64
25
52%
75%.'
Af-N
31%
30%
31%
367,
29%
Af-N
34 Va
.
'
•
42 Va
293/4
31
9
28%
33 3/a
•
34%
90
32 3/a
45
313/4
413/a
35 3/a
50
.
40
•
.
—2003
5s stamped modified—
of Berg Co cons 5s_ —1949
Castings 5Vis_——— —1949
1 1945
t A Georgia & Ala Ry 5s__—Oct
Gas & Elec
Gen
Steel
—1934
j§AGa Card & Nor 1st ext 6sGoodrich (B F) 1st 4V4s„——, .,.1956
Gotham Hosiery
deb 5s w w——, .-1946
•J-D
101%
J-J
J-J
22%
22%
44 Vi
14
30
(Af-8
105% 106
103%
*101% 102
105%
J-D
103
ly
9
44
22%
J-J
98
13
101% 102
99%
Lehigh Valley^ Terminal Ry ext 5S-1951
5S gtd- —1965
—19^5
Libby McNeil & Libby 4s——
Lex ,& Eastern 1st 50-yr
343/4
55%
109
Liggett & Myers Tobacco 7s— —1944
—1951
5s 'debenture—t.——
I J-D
97
993/4
._1961
! J-J
109%
109% 110
13
109
112%
1952
J-J
111%
111% 111%
15
102%
112%
General 5s series C—
,.1973
J-J
106%
106
13
92%
1081/a
General 4Vis series D
-1976
J-J
100
General 4Vis series E
-1977
J-t/
Great
1st gtd 5s
Northern 4Vis series A
General 5 Vis series B
*100
97%
106%
.'.83%.
18
97%
71
83 3/4
100%
General mtge 4s series G—. -1946
J-J
102%
102% 102 Va
29
99 Va
105Va
-1946
J-J
102
102
102%
27
99
103V2
90
90%
26
75%
Gen
mtge 4s series H—
-1967
series I—
AGreen Bay & West deb ctfs A
ADebentures ctfs B
Gulf Mobile & Ohio 4s series B
-1975
AGen mtge inc 5s series A—
2015
Gulf & Ship Island RR—
1st & ref Term M 5s stpd
1952
Gulf States Steel s f 4Vis
1961
Gulf States Util 3%» series D——1969
Gen
mtge 3 %s
J-J
*62
Feb
J-J
Vi
58
70
9
4s
stamped—-—
LoriJlard
—1954
3s
Co
Hudson &
Gas
1st
130%
69
&
—1963
101%
Ark 1st 5s series A —1969
J-J
93%
gtd 4s_„
ref 5s series B
1st
109%
5
&
&, ref 4V2S series
—
C
127
80
103
53%
127
133 Va
Manhattan
1st 5s
88
99
A-O
92%
J-J
—1960
J-J
ext_
Paducah & Mem Div 4s—. —1946
—1980
St Louis Div 2d gold 3s.
South
Montg 1st gold 4%S—. —1945
Ry joint monon 4s
4s
Atl Knox & Cine Div
J-D
40 Vi
M-N
117%
1957
53%
53%
54%
83
46%
26 Vi
26
27
35
19%
1st
1981
*99%
J-J
1951
J-J
3Vis_-_I—IZl951
1951
97
A-O
Af-S
gold 3s sterling
1952
-
~"l955
1952
Collateral trust gold 4s
see
page
102%
94Vs
111%
1023/4
109%
78%
1093/4
64
93%:
93
1043/4
104%
2
106% 106%
103%
108
104% 105
98% 99
10
94% 105%
12
88%
93
35
92 %
2
103% 103%
106% 106%
28
1
2
94
85
100
95%
102% 105%
106%
109%
103
105
78%
104%
94
105%
~8
94
102%
4
110
111%
111
102%
111%
90
Af-N
91%
8
843/4
94
50%
51
19
47%
59
64%
65%
62
49 Va
102 Va
M
J-D
.1960
4%s series A_
Sugar 4s sink fund__Feb
AManila Elec RR & Lt s f 5s
)i
,
101% 102%
J-J
1Q*,
fotonotes
101
107
—1955
.1945
17
101%
104%
J-D
1957
—1953
2384.
97
*45?4
A-O
62
M-N
60%
583/i
60 Vi
57
58
J-J
61
59
61
92%
97
97
60%
65
61
100%
96
1
*97% 100
61%
M-N
97%
•
53
181
20
102
60%
51%
65
47
60%
43%
593/4
46%
62 Va
__
65
M-N
*52 Va
1959
Af-N
*25%
.1941
J-J
*66
72
.1947
A-O
101
101
A-0
RR (Southern Lines)
Af-S
Marion
Steam
Stamped
3%S
Shovel
s
f
6s—
!
(Stamped mod) ext 5s
McCrory Stores deb 3%-Metrop Ed 1st 4%s series D
Metrop Wat Sew & Drain 5Vas
t§AMet W Side El (Chic)
4s
_1945
1955
1960
1950
1938
*93%
Q-A
■■
39
*91%
15
13
Vb
100%
100
89%
96%
105%
1
111
111
Af-S
A-O
F-A
.
"1
*103% 105%
A-0
50
—
/
Market Street Railway—
56
50
*101~
4s
'
70
45%
..
.1953
t§AManitowoc Green Bay & North¬
western 1st gtd
gOld 4S
gold 3Vis
For
67
94
102 %
—1952
31
52%
*116% 118
A Manila
Collateral trust gold 4s
Refunding 4s
Purchased lines 3Vis—
101% 101%
M-S
61%
A-O
A
53%
Illinois Central RR—.
gold
122%
1033/4 103%
Af-S
118%
F-A
Illinois Bell Telep 234s series A
1st
120
623/4
1949
.
1st
106%
F-A
J-J
Manati
Extended
106%
A-O
Gen- mtge
lSt
6
1053/4
1962
A
gold 5s—
AAdj income 5s—
104%'
5
102% 102 3/V
—2003
1st & ref, 4s series D
111%
5
104 %,
103% 104
*108
1st & ref 33/is series E_______. ,—2003
Unif mtge 3Vas series A ext—. —1950
97%
106
14
98%
15
120% 120%
F-A
A-O
Louisville & Nashville RR—
Vi
102 Va
84%
—1951
Af-S
A-O
54
84
105
:■
1035/a 104
104
A-O
11
130% 130%
1949
—2003
63
105% 105%
Af-N
107%
103 Va
Af-S
debentures
Louisiana
Mob &
M-N
123 %
106
1949
—2003
61
Feb 1957
Hudson Coal 1st s f 5s series
Hudson
J-J
121%
99 V8
Af-S
H
Oil 4 Vis debs
10934
6
Af-S
(P> Co deb 5s___i,__
TJnif mtge 4s series B
Houston
104
%
—1949
"
.
Hocking Valley Ry 1st 4Vis—
1999
t§ AHousatonic Ry cons gold 5s—1937
6
122
*105
-
107%
10432
A-O
Guaranteed: ref* gold 4s_i.—„
1233/4
104
M-N
1945
94%
*110%
Af-N
,
F-A
—1962
Long Island unified 4s—--
75
115
105%
_4
122
A-0
Lou & Jeff -Bridge Co;
693/4
97
55%
f 32
124
105% 106
105%
J-J
69%
12
19
64%
64 Vt
*
14%
46
*97
;
*122
M-S
14
103%. 103%
64%
1966
89%
A-O
A-O
A-O
Louisville Gas & Elec 3 %s
13%
J-J
60
i- —1950
Long Dock Co 33^s ext to
1st
63
J-J
Af-N
39%.
93%
88%
13%
Feb
,
32
38%
*107%
Little Miami gen 4s series A
102 Va
98% 100
98
32
39
101%
-1947
Grays Point Term
32
16
—
84
'
15%
111
26
6%
70
103
102 %
99%
10634
113%
96
15%
•
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4237
158
Volume
238
NEW YORK BOND RECORD
York
New
Interest
Exchange
Stock
Period
10
Dec.
Ended
Week
BONDS
Week's Range
Friday
BONDS
Last
Bonds
Friday's
or
Michigan Central—
1951
—:_1952
1979
m-s
M-N
"101
Michigan Consol Gas 4s
——1963
{§ AMidland of N J 1st ext 5s——1940
tgAMilw & Northern 1st ext 4%S—1939
A § Consol ext 4%s
1939
M-S
J-D
63
{AMilw Spar & N W 1st gtd 4s
1947
t§AMilw & State Line 1st 3'%s_—.1941
M-s
54
J-J
1st
&
Sag 3%8_
3%S
V—
impt 4Vis series C
gold
Ref
&
97
73'A
57%
104% 104'A
73%
§ AGeneral
78
104%
56
7
49 Vi
63
90
90
27
65
90
63
J-D
63
16
38
68%
54
1 88
27%
61
65
gold
&
M-N
27%
27%
M-S
.7%
7%
3 Vi
3%
9%
30%
2%
8%
38
2%
8
1938
consol 5s
.1938
J.J
§ A lst stamped 5s gtd as to int-_1938
Alst & ref 6s series A,.———1946
J-J
29'/4
J-J
'5"
_.——
30 Vi
31
28%'
16'A
•
15%
3'/»
76Vi'76'Vi
/■ 1
99
Mo Kansas & Texas 1st
J-D
2 Vi
2 Vi
M-s
——1949
5 Vis
•
4s_,—;.™1990
''
Missouri-Kansas-Texas RR—
4 Vis
lien
Prior
11
'
J-J
^-1978
J-J
A-O
32%
66
432
40%
<85
33%
55
:
129
35%
of
ACertificates
deposit—.
A General
32%
276
19
ACertificates
Alst
ref
&
5s series
m~s
20%
18%'
21%'
m-s
54%
51%
54%
51%
...
•
ACertificates
of
1,039
106
1998
J-J
80'/*
81%
8
3 7'A
81
38%
41
Q-J
37 V*
'
49
34
128
128
128
85%
29%
"36
■
40
124%
16
132%
119%
"■
--
123
113
—
124%
114'%
Ohio Ry—
48
70
—
registered
1997
63
50
69%
72%
—
& impt
2047
4%s series A
impt 6s series 6
&
Ref
&
impt 5s series C—
impt 5s series D-:.
Northern States
(Minn)
59 7%
2047
.—2047
Power
2047
-2047
94%
89
1st & ref mtge 3Vis
1st mtge 3Vis—
Northwestern Teleg 4Vis
51 %
1
9%
10'A
693
5%
234
36'A
51%
10
36%
51%
54%
405
357%
54
51%
54
69
63
42
"50%
51'A
Q-A
58%
40%
56
76
50%
256
66%
62%
81%
J-J
59%
57
59%
J-J
77%
75%
78
J-J
64%
63'/*
64
Vi
31
55'/*
68'/*
J-J
64'/*
63
64'/*
38
55%
68%
1967
1964
1944
,
ext.
109
112
M-S
109
2
112
F-A
112
17
109
110%
110%
112%
101
J-J
101
58
54'A
6
52%
59 7%
51%
85%
51%
15'%
54%
54'A
84%
V*
Co—
59%
(Wise)
69
52
Q-F
3s registered
■■
,,
90
85%
Q-J
-Jan 2047
:
Id gold 3s
ry &
89
89%
■
58
36 Vn
216
73
A-O
27%
35 7%
35%
51%
A-O
f-a
"5414
m-s
65
,
.
{§AOg & L Cham 1st gtd gold 4s_1948
Ohio Edison 1st mtge 4s__
1965
101%
5
105%
109
113%
110
114
8
113% 11.3%
107
1
110% 110%
O
.59.
45
58%
A-O
59%
38
103%
107%
89
-99%
96'%
100%
"105'A 106%
A-O
58%
35%
29
/"
F-A
1st
105
105%
J-D
-
J-J
V
99%
99%-
~5
J-D
49%
48%
49%
86'
37 %
45%
45
46
83
35%
42 Vi
41%
42%
38
31%
109% 109%
108%
110%
311%
107%
14%
12
94
21
19'%
106'A
109%
109
108%
M-S
111
1st
J-J
109
109
109
15
107%
111
J-D
108
107'% 108
41
106%
110
J-D
—1945
5s
,.1946
Ore Short Line'1st cons gold 5s—1946
Guaranteed stpd cons 5s
1946.
Oregon-Wash RR & Nav1 4s
-196I
Otis Steel 1st mtge 4%s ser A
1962
46
4
12%
107 % 107%
14%
M-N
—1966
3%s
Oregon RR & Nav con gold 4s
50%
M-N
Elec
&
debentures.
Ontario' Transmission
54%
M-N
Gas
J-J
---1946
3%s'_„„—_L_—
mtge
Oklahoma
4s
...—1967
1972
mtge 4s_,
1st
__
102%
Alst mtge gold 5s (stamped cancellation of guarantee)
1945
ACertificates of deposit
-
59'%
10%
deposit
gold 4s—1991
Monongahela Ky 3V4s series B—1966
Monongahela W Penr. Pub Serv—
1st mtge 4Vis
U
——
1960
6s debentures
—1965
Montana Power 1st & ref 33As—-1966
Montreal Tramways 5s ext—.—-1951
Morrell (John) & Co 3s debs——.-1958
Morris & Essex 1st grd 3 Vis—2000
Constr M 5s series A
1955
Constr M 4Vis series B——1955
Mountain States T & T 3Vis.——1968
Mutual Fuel Gas 1st gtd 5s—
1947
2
105
"120
59 7%
11
-
534
"--.I-';
54%
51'A
Moh'k & Malone -1st gtd
105
"123
:
51%
51%:
35%
:
m-n
of deposit—
1949
gold 5Vis
1980
Alst & ref gold 5s series H—
ACertificates of deposit
—
Alst & ref 5s series I—1981
m-n
M-S
Ref
54'A
ACertificates
AConv
1950
M-S
4s
m-n
—1978
G„
112%
& ref( 5a
4%s series A__to
ref
&
Gen lien
35%
158
■
54%;
1977
deposit——
of
IIG'%
108'%
1974
38
1975
——
ref 5s series F_
Alst &
108%
1
1974
'Gen
56%
'53
22'A
111%
1
North Central gen
53
52%
54 Vi
f-a
8%
108% 108'%
deb 5%s
Ref
{Missouri Pacific- RR Co>—
"Alst & ref 5s series A__-—___—1965
108%
340
Ry Co-~
Ref &
:
90
1
16%
108% 108%
O-A
66
53
30 Vi
55
16
59 %
64
'
83
M-S
F-A
77'A
41%
"192
54%
*
3
a-o
A-O
98%. 100
51%
51%
adjust 5s series A—Jan 1967
ACum
:
64%
J-J
Di
series
53%
9
1966
4Vis series A
mtge
{Northern
54 %■
1962
-—I—1962
5s series
Prior lien
40-year 4s series B__i
•
54%
45%
19%
46
.11955
:
2014
7%
64% :
5
■
100
-
High
31'%
12
86
14%
Norfolk & Western Ry 1st gold 4S-1996
10
1%
37
J-J
J-J
Alst &
16%
Low
31
108% 108%
108%
_1961
30%
4»A
16
ref 5Vis series B„—.—-1978
/A25-year
1st
31%
51-
:
-
5 V'a
1 AMissourirlllinois RR 1st 5sJj—L1959
'
j-j
January 1
No.
10%
85
j-j
Range Since
Sold
37
9%
86
1967
AGen mtge 5s conv inc_
t§ANorfolk Southern RR 5s A
30%
14
29'/2
'4%
.■
16
153
29%
29
3-J
§ Alst cons 4s stamped
M-N
Bonds
18%
Northern Pacific prior lien 4sl.—U997
'
Sault Ste Marie
{Minn St Paul &
§ A 1st
Norfolk Southern
34
7 %'
q-f
35%
9%
„1946
1st 4%s
High
"12'A
\F-A
1943
Niag Lack & Ont Pow 1st 5s A
(Md)
36%
F-A
1940
Niagara Falls Power 3Vis
36
27%
1934
1949
ref gold 4s__
&
A Ref
Range
Friday's
or
57
'
ext 50-yr 5s series A—1962
{AMinn & St Louis 5s ctfs—
A 1st
72%
J-J
1937
,«.r1937
5s
t§AN Y West & Bost
Niagara Share
51VA
"58
Week's
Last
Sale Price Bid & Asked
Period
10
ATerminal 1st.gold 5s__,
N Y Telephone 3'As series B
109%
5
53
a-o
Friday
Interest
Exchange
Dec.
tJAN Y Susq & W 1st ref 5s~,
§A2d gold 4'%s
;
102
'
3
73%
J-J
Stock
Ended
Low
92%
78
1.
"90
Lans
Jack
Week
High
Low
No.
High
Low
New York
Range Since
January 1
Sold
Sale Price Bid & Asked
102
104%
104%
"104'A 106
M-N
106'%
J-D
105% 105%
14
105%
107%
J-J
108
108%
32
108
109%
J-J
108 % 108'%
3
108 %
110%
13
106 V'a
110%
14
99%
105'A
92%
99%
31
109'%
112%
310
112%
112%
M-N
J-D
.
"111% 112%
m-n
J-J
107% 109
109
102
J-J
102'%
N
Nash
Nat
Prod 3 Vis debs—i—1960
Dairy
Distillers
Nat
Prod
Steel
{ ANaugatuck RR 1st gold 4s______1954
Newark Consol Gas coils
1948
1945
-1945
New England Tel & Tel 5s A——1952
1st gtd 4 Vis series B———1961
N J Junction RR gtd 1st 4s—1986
N J Pow & ■Light 1st 4 Vis—
1960
,
:
A——1983
New Orleans Great Nor 5s
1st ref & imp 4
N O & N E
1st
ref
&
——1955
5s series B—
1st gtd 4s-—-1953
Orleans Term
New
Vis—.—1952
1st 5s series A—1952
Orl Pud Ser
New
§ANon-cum inc 5s series A—1935
of
ACertificates
Alst
•y
J-D
J-J
ACertificates
4Vis
Alst
of
series
ACertificates
5Vis
Alst
82%
70
85
1
'v
84
95%
J-J
92
*106
3
73
83 V%
1st
97
92
:
A-O
104'A 104%.
2
J-D
104% 104% v.'
2
J-J
95
95%
•
95%
61
A-O
-
61
.
96%
80'/*
•V
":J
68
67
'
:
■h
69
76
-
66.
66
■
'
L 72
50
75%
70
49%
.
71%
'
F-A
66
deposit——
—1954
deposit
A-O
66
64
71
69
71
68'%
1956
t
69
68%
68'A A
-
.
28
44'%
61%
89
52%
79%
2
47%
75
69
,
■
■'f
—1960
General
1945
A
—1998
f-a
58.%
57%
58%
80
51%
67%
.-2013
—2013
a-o
54%
54'%
55%
451
47%
61
a-o
61%
■61'%
62%
348
52%
67
85
85
132
67'A
86
25
74%
87%
69%
82
series
4s
/Ref & impt 4Vis series A—
Ref &
impt 5s series C-lConv secured 3'As
N
Y Cent
Hud River
&
1952
Lake Shore coll
gold 3%s
3 Vis
registered—
;
Mich Cent coll gold 3 Vis
registered
3Vis
M-n
1997
J-J
.1997
1998
1998
1998
—1998
F-A
82%
83%
"76%
78%
83'A
66%
66%
49
53
70%
61
62%
4
50%
66
61%
66%
F-A
62
7
48%
66%
16
47%
61
F-A
62
F-A
60
59'A
60
New. York Chicago & St Louis—
Ref
5Vis
series
A
1974
A-O
95% '
95
95%-
131
77%
Ref
4Vis
series
C
—1978
M-S
85%
85
86
183
64%
to——1947
Connecting RR 3Vis A——1965
a-o
1st gold 4s
—1951
Conv 5% notes—
;——,—1947
F-A
78
A-O
100
97%
'
1st
N
Y
mtge 3Vis extended
100
"102
105
A-O
"7
867%
102'A
101
106%
32
65
79%
3
106
86
i
N
-
Y
Dock
N Y Edison
1st lien
N Y
1965
3'As series E_;
a-o
1966
3'As series D—
& ref
& Erie—See-Erie
Y
gold 5s
;1948
—1949
& Harlem gold 3Vis——2000
—2043
I
__2043
:
series A.:
Mtge 4s
series B_
4Vis series B
J-D
10O
107% 108'%
10
107%' 110'%
109
__
15
107%
109'%
,
115% 116
16
110'A 110'A
115%
F-A
11
"105%
M-n
110%
j-j
1973
M-N
m-n
112%
105'%
,,100
'<
15;
102% 103
102%
103
70
70%
'
„
117%
110'A
_L
102%
<115%
,
__
j-j
——.1973
& West 4s series A—
N Y Lack
99% 100
A-O
Purchase money gold 4s—
Mtge 4s
78'%
RR
N Y Gas El Lt H & Pow
N
77%
k
112%
103%
106%
106'/*
107
110'%
108
111%
105'%
102%
105
,
85%
f-A
98
67
85%
97%
98
/
57%
86
98'%
115'% 117'%
"116
:
-**
.
70%
20
55%
1st
ref
&
3%s
Penna Power &
76'A
18
60
80%
.
M-N
F-A
I960
1981
4
j-j
•
106'/*
—
50
10134
103%
106%
101% 101%
"108
j-d
109
109%
107 %
106
102
"104
1C1
104
105% 106'A
109%
13
103%
105%
1969
F-A
108%
108'% 108%
29
106'A
109 3/*
-1974
F-A
108
107%. 108'%
19
98%
108 %
M-N
109'%
108'%
110%
108
110%
-1968
D
ser
Light 3%s——;
debentures
4 Vis
Pennsylvania RR—
Consol gold 4s
———1948
4s sterl stpd dollar—.—May 11948
Gen mtge 3%s series C
1970
104% 105
j-j
,
—
General
Gen
Conv
88%
121'/*
121'4 121 Vi
12
119%
124%
j-d
109%
109'A 109%
80
101%
110%
j-d
116
115'/* 116
13
108
117
F-A
A-O
97%
1981
A-O
106'/e
mtge 4'As series E—
deb 3'As
,—1984
1952
1974
Pere Marquette 1st series A 5s^—-1956
1st 4s series B
1956
Ry 5Vis
B——
5s
series
General
gold 4%s
mtge 2%s—
89%.
18
96%
106%
106%
17
95%
106'%
99%
A-O
99%
111
90%
100 %
99%
112
M-S
55
55
55
7
44%
Apr
21
21
21
31
5%
J-J
95
86%
86%
10
64%
81%
295
57%
81 %
107% 107%
11
104%
107'A
1952
F-A
"129
J-J
"123% 124%
*
J-J
J-D
102'%
31
67
102'% 102'%
4
41%
203
17%
239
40'A
M-S
17'/*
1962
105
M-S
16%
129
111
105% 106
M-N
1937
118%
134%
110% 110%
105%
M-S
41'%-
deposit—
72 %
78'/*
J-J
1st s.f 4s
24'%
128
95
—1'963
ACertificates of
58%
107
92%
.1949
{§APbilippine Ry
112%
84'%
95
J-J
107'A
{Philadelphia & Reading. Coal:—
Aref 5s stamped——1973
3s debentures
98'/*
106'A
"105% 107
F-A
J-D
1961
Philip Morris Ltd deb 3s_„
111
A-O
81%
:-1967
—1971
AConv deb 6s
1
112
M-S
..1977
series C
Philadelphia Co coll tr 4%s
Phila Electric 1st & ref 3%s
94
1974
Phelps Dodge conv 3%s deb
Phila Bait & Wash 1st gold 4s—
General
98'/*
97%
106
j-j
99%
106'% 106%
,1980:
gold 4%8 series C—
& ref
77
——1970
Peoria Si Pekin Union
1st
98%
98'%
B
series
Peoples Gas L & C ref 5s
——1947
Peoria & Eastern 4s ext—
-1960
A Income 4s—
;——Apr 1990
1st
109%
98
A-O
1960
.1965
—1968
General 4'As. series D_
109% 109%
"109
M-N
gold 4Vis
5s
Debenture
74%
75'%
101%
j-d
._1952
—
83
J-J
3Vis
registered—
3 Vis
"103%
J-J
—
gtd 4 Vis
Central RR
Y
109
103
104
8
110
"104'/* 104'%
—1963
—i
sinking fund 4 Vis
General 4'%s series A
Newport & Cincinnati Bridge CoN
2
108
108% 108 %
m-n
A-O
—
Cons
,
'
1955
'
108 %
M-S
6s
Pennsylvania Glass Sand 3%s
Pa Ohio & Det 4Vis series B—
75%
48
51%
6
•:
4%s
Gtd 4s series E trust ctfs—
63
50
.72
69
F-A
12
"106
—1944
deb
Trans
Secured 4s——
64%
'"44%
30
6
103% 104'/*
107
A-O
J-D
Guaranteed 3'%s trust ctf3 D—-1944
97%.
41 "■
1
38
104'% 104%
Pennsylvania Co—
104'A 108
}
:
61
;•
"63
A-O
v*
,
103%
J-J
Paterson & Passaic G & E cons &S-1949
.....
f.\ '
3
108
; 103
4
.1966
1955
gold 3s loan ctfs-
M s f
Parmelee
'
:
mtge 3'As- series C_-
Paramount Broadway Corp—
111
95'%
j-d
Panhandle East F L 3s B.
84
77 .'.
19
4
J-J
j-d
1971
98
109% 109%
j-d
Paducah & 111 1st s f gold
125%
122%
,1
.1"
J.
1966
ISt & ref M 3s series K—
Ref
118%
116'A.
11
125%
84
106% 107
mtge 3%s series H
Pacific Tel & Tel 3'As series B—1966
85%
70%:
.4
1961
110'% 111
119
11Q
14
109% 110%
j-d
*
10O
109
"*
117
"63
A——
of
;
"97%
j-d;
1st & ref mtge 3s series J—i—1970
•'
1
125
125'A
F-A
A-O
'X'
j-d
gold 5s——-1946
series G_—1964
1st & ref mtge 3Vis series I
105
82%
117
J-D
deposit—
of
series
ACertificates
1st & ref
105
103%
ii6%.;;;:
67%
D_
Pacific Gas & El 4s
106%
102%
'„;V- "J " 101 'A
.
1st
Pacific Coast Co
82%
108'%
22
.
Vv.
81%
deposit
,5s series B—
—
..1954
of deposit——
5s series C—:—
—1956
68%
%;A05%
1
81%
82%
J-J
m-n
:
104% 104'%
"99%
ACertificates
Alst
v
25
:
,-
105 Vi 106
{New Orleans Texas & Mexico Ry—
.
21 '
.':J
;
"102%, 102% .v
m-s
A-O
..m-n
{ANew England RR gtd 5s
AConsol gtd 4s
82 'A
'
105 % 106
106
m-s
1949
3 Vis-..
81
82
'
J-D
'
fund debentures—._1949
1st mtge-3s—__—1965
3 Vis sinking
National
f-a
& St L ,4s series A—-1978
Chatt
125%
96
107%
130% 112%
102
20%
8%
104%
43%
19'%
1
104
106'%
104% 104%
3
104%
106 3%
6'/*
20
5%
J-J
*
105
3%
9
4%
7'%
103%
8
105'A
—
{N Y New Haven & Hartford RR—r
ANon-conv
deb
ANon-conv
deb
ANon-conv
—1947
4s
,
A-O
39
40%
37%
m-s
.—..1954
deb;3%s_—
'39%
m-s
1947
3 Vis——.
38%
25
31
39 "v
52
49
Series
49%
Series E 3'%s gtd
•
ANon-conv
deb
4s___i._—
1955
J-J
40%
39%
40%
deb
4s_—^———
1956
m-n
40%
39%
40%
'31%.
/ 47
ANon-conv
:
20
deb
.32%
52
53
J-J
38%
37%
38%
31%
49%
Series H
J-J
45%
43%
45%
198
37'/*
62%
Series I
54%
55%
31
49%
78
Series
4s
13'%
15 %
87
8 Vi
21
Gen
55
Gen
_^1940
1957
.;
Alst & ref 4Vis series of
1927—1967
A-O
m-n
J-D
14%
42%
41'%
42%
67 "
371
r
t A Harlem River & Port Chester—
.
,
36'/*
Gen
..
».
cons
cons
J
103% 103%
M-N
guaranteed 4s
4%s
1949
1953
1957
F-A
"112%
M-N
"113
1960
F-A
"113%
F-A
guaranteed 4%s__1964
mtge 5s series A
1970
mtge 5s series B
1975
cons
4%s series C—
-—
104
"104
J-D
1963
gold
Seriis F 4s guaranteed gold
Series G 4s guaranteed—
3Vis——1956
6s
§ A Collateral trust 6s
ADebenture
/ 33
-1945
D 4s guaranteed
1948
ADebenture certificates
AConv
Pittsburgh Cine Chi & St Louis—
34
''••.31%
22
-—1977
107
110
113%
112%
114
119%
—
123%
119'%
"119
M-N
113
111%
—
123%
105%
117
115% 116%
4
A-O
116'% 116'%
2
105
117
J-J
106% 107%
9
100
107%
115%
J-D
:
-—
"
1st
AGeneral
1st
cons
90%, 104
Corp
page
9%
67
6%
J-D
3%
3%
4
13
2
A-O
—1965
m-n
:__1958
J-J
J-J
1st 3Vis
see
9
1963
N Y Rys prior lienvfis stamp
fotonotes
9%
1993
gtd 4s
N Y Queens El Lt & Pow 3 Vis
For
11
m-n
m-s
1955
4s
N Y..&.Putnam
N Y Steam
102% 102%
1954
1992
4s
{AN Y Ont & West ref gold 4s
2384.
51%"
110
"107
106
"
51%
110'%
1
7
58%
10
109%
111'%
.104%
11
.108
106
41'4
12%
108'%
106
109%
Pitts Coke & Iron
Pitts
Steel
1st
conv
4%s A
mtge 4%s
1st mtge
M-S
102%
102% 103
9
95
103
1952
J-D
103%
103'A 103'%
7
98'%
103%
1950
1950
102% 102%
1
98%
103'/*
4%s series B
Pitts & W Va 1st 4Vis series A—1958
1st mtge
4%s series B
1st mtge 4%a series O
1959
1960
J-D
J-D
57'%
57
57'%
,
12
A-O
57
57
57'%
4
A-O
57'%
56
57'/a
25
55
64
53%
63%
53%
64
THE
384
Monday, December 13, 1943
COMMERCIAL & FINANCIAL CHRONICLE
NEW YORK BOND RECORD
BONDS
Ended
Week
Interest
Exchange
York Stock
New
Period
10
Dec.
Low
J-D
1st 4s ser A—1948
& Ash
Young
Pitts
gen
'1st
Sold
Low
No.
Dec.
118%
Texas & Pacific
109
—
124
1st gold 5s_
69
99'/a 100
100
J-J
105%
*108
ref
&
*110%
F-A
5s
ref
&
Third
107'%
series D
5s
AAdj income 5s_—
.
80%
79'/a
57
67'A
80
46
67Va
112
1
1033/4
42
62%
76
247
213A
37'/a
75:%
72
71%
72%
29%
A-0
1
13%
63
Tol
101
95%
28'A
30
J-D
& West 1st
Securities 4s—
i A Providence Terminal 4s
c Service El & Gas 3'As—
t A Providence
—1957
Af-N
—1956
m-a
&
rel
mtge
1st
&
rei
97
91
—
Toronto
Trenton Gas
109'A
103
—<
106%
10
J-J
147% 147%
5
145 %
*116
J-J
1971
Af-N
(Chic) 5s
1945
>.—1959
1967
A-0
221% 221%
5
220
>-1908
109% 109%
1
109
112%
109%
J-J
92%-
Gen
101'A
1053/4
105% 1053A
52
101'A
1057a
60
100
102
80%
44%
M-S
M-S
Af-S
45%
58'%
.1934
171
27
*111%
-2
34%
i-J
109'%
9'/4
;
22
10
9
14%
58
9%
1574
'
10%
9%
10%
J-J
.1941
States
gold 6s
stamped
2,10s
fASt
St L
91%
91
J-J
74%
71%
Af-S
98'%
9878- 98%
7 80
28
943/4
18
100'/a
1003A
4s——1944
M-S
1017a
102
•
May 11952
NOV 1 1952
—-
>
28%
J-J
1950
1
31%
33%
19
18%
Louis-Southwestern Ry—
bond certificates-—
bond ctfs
Nov
4s
1st
4s inc
2d
A
2.60s
32%
5
20
-
19%
393A
d26
31%
176
19%
39%
95%
96 '
71
66
48%
49'%
32%
33%
J-J
33%
■
12
;
66
J-J
;
47
69
*92
J-J
*19%
F-A
28%
102
*102% 1023%
102
103'A
1951
1944 V.
-1944
m-b
104
295
Virginia Pub Serv 1st mtge 3%s„1972
& Southwest 1st gtd 5s
—2003
Va
1st
5s_,
cons
25
8 A Refunding 4s
1950
A-0
-Oct 1949
F-A
>1959
A-0
,
5%
19
of
Wabash RR Co—
31
1st mtge 4s
104
102 %
106
IIIZI1945
ms
/
10
28
39
41%
82
273A
6'A
55
4%
18%
19%
160
14%
13%
26%
27'A
459
15
30%
25%
26'A
79
14
29%
ms
39%
39%
42%
25
31
56'A
27
27
28
69
157a
30
F-A
27
27
1
17 n
29%
1954
J-J
Corp, coll tr
Simmons Co debentures 4s
t§ ASilesian-Am
Oil 3s debentures
Skelly
100%
37
10O'A 100%
J-J
40
51
A-0
*104
105
F-A
*102'% 103%
AGen
South
J-J
3s
105%
105%
—1971
series A—
1981
1991
—1949
1st 4 %s (Oregqn Lines) A———1977
Gold 4%S
1968
Gold 4 % s
—-1969
Gold 4%s
,
—-1981
10-year secured. 3%s_—>—.—.>1940
San Fran Term 1st 4s
1950
,
,
4
Devel
Devel
&
>1955
—:—_>_—
1994
4s series A
;
1956
1990
1951
J-J
J-J
J-J
A-0
A-0
A-0
J-J
J-J
.>1964
J-D
—
1st. cons gold 5s
gen
&
gen
gen
6V2S
1956
1950
6s
Devel &
Div
Mem
St
Louis Div 1st
&
ref
—
1st. gold 5s_,
Southwestern
1st
...
1st ref gtd ,4s
Pac RR
Stamped
Southern Ry
gold 4s
Bell Tel 3'As B
3s-series C
Southwestern
Pub
Serv
1968
4s_,,_—>1972
nSpokane Internat 1st gold 4%s>_2013
Stand Oil of Calif 2%s debs
—I960
1950
—1967
Ltg 5s stpd gtd
mtge 3'As
Power 1st
5s
3'As series I
mtge
El-—
1963
—1966
1952
Maryland 1st 4s.
ref
5 %s. series
A
——1977
107'A
20
10S
t A Western Pacific 1st 5js ser A—1946
7/ A 5s assented——.
-1946
1091/2
105
,
93
63%
93%
91
62
63'%
127
72%
933A
68
91,
309
547a
69%
55
53%
5
61%
60%
61%
274
61
59%
61
354
60 7%
420
101 3*2 101%
45
93%
87%
195p
1951
-I960
Westi.nghouse El & Mfg ,2'As——,1951
307
70%
104% 105%
59%
100"
99%
99
88%
87%
'
,
52%
82
.
68'A
27
44
61%
50%
52%
171
34
52 %
35%
52%
263A
,100 ;
38
j 38
'
23
31
,
*99%
F-A
*119
J-D
*
J-D
1087a
6s called bonds (Jan 2,
Swift & Co 2%s debs
84'A
A-0
88%
88%
883/4
144
98%
97%
98%
17
95
733/4
77.%;
43
36%
74
77
115
36%
Af-S
Af-S
76%
Af-N
101
84
94
102
77%
77
102
1013% 1023/4
993/4 100%
170
M-N
101 'A
101% 1013/4
19
55%
112
523/4
50
103% 103 3/a
23
1st 4s
guaranteed——2361
;—,2361
J-J
J-J
53%
55'A
52
503%
1017a
102 3A
83
76
100
.
87'A
79
1003/4 101%
Af-S
.—1954
—1949
Wheeling Steel 1st 3%s series B_„ 1966
Wilson & Co 1st mortgage 3s——1958
Winston-Salem S B 1st 4s»——1960
J-D
92
74
683A
81
92%
91'A
92%
21
873/4
98
95%
95%
25
92
101
100'/a 100'%
20
84
1007#
1063A
100%
100% 100%
39
89'A
103%
111
110% 111
10
110%
101%
,101'A
_
,
102'/a
43
415/a
56'A
61
tAWisconsin Central 1st 4s
>1949
ACertificates of deposit—
;
J-J
3s„
Af-S
913/4
85
101% 101'/a
10
91
91'A
A-O
*116'/8
J-J
102%
104'A
109 7a
*111'A 111%
M-S
111 7a
88
93
1
100'A ioiv2
13 4%
—
116%
105
59
16'A
47%
673/4
7
47%
65
28
143/4
267a
60
16
119
'62
59
16
Af-N
Wisconsin- Elec Power 3%s_„——1968
A-0
109
109'A
6
109
112'A
J-J
108
108
2
107'
108'/a
j»_
23%
157»
18
1087s
107 %
62
60
1936
SASu & Du div & term 1st 4s
ACertificates of deposit-,..!
112%
14
■
111%
105
J-J
Af-N
106'A
*110% 112'A
50%
103
F-A
51%
103
6
41%
20
102%
104'/a
Wisconsin
Public Service 3%s_—1971
54
105%
104% 105'A
28
104
107%
Youngstown Sheet & Tube—
J-J
J-J
105'%
105
26
104'A
1053/4
104%
100% 105..
90
100%
1948
M-S
I960
103/
M-N
1017s 102 'A
29
101'A
24
101% 103%
95 '/a 101'/a
111%
103%
'
105%
105% 105'A
1033/4
102'A
series D—
1033/4
a
Tenn Coal Iron & RR gen 5s__
1951
j-j
Terminal Assn St L 1st cons 5s,
Gen refund s f gold 4s
1944
F-A
J-J
-1953
& impt mtge 3%s series B__1974
Tcxarkana & Ft Smith 5%s A
1950
J-J
Texas
a-0
Ref
1959
1965
F-A
Af-N
*119
102
101
iOfi %
*102% 103%
M-n
AT-N
1st mtge s f 3'As
Deferred
delivery
not included in the
112
J-J
J-D
——
sale
Included In the year's range,
_
110'/a-
1097a 112'/a
gold 5s—
Wheeling & Lake Erie RR 4s
J-D
1950
—l»bl
debentures
120 3A
106
82
50
1944)
.
104
108 3/a
—
111% 111%
J-J
104
119
/
110%
*110
Af-S
798
104
—
125
45
88
1
*97 %
5s„
West Va Pulp & Paper
89%
73'A
95%
35
100
91
102
F-A
F-A
30-year
Registered
66
72'A
100'%
34'A
257a
35
99
991/4
32 3A
26'/2
35
A-0
35%
27%
■
66
72%
105'%
-
West snore
100
88 7%
B5
/
101A
90
60%
101 Ja
Apr
;■
92%
100 A
Studebaker Corp conv deb 6s
Company 3s deb
61%
109%
106%
Conv deb 4s
3s
99'A
59%
Q-Af
1975
100
97'A
61'A
A-0
Western
,1953
1945
debenture
Superior Oil 3%s debs
Apr
83'A
99%
1978
1980
1st
1961
Standard Oil N J deb 3s—
2%
Apr
107
12
—
m-S
Af-S
Af-N
AfsN
J-J
A-0
—
South
J-J
35%
West Penn
123%
108'A 108'A
91
J-D
—Aug 1949
registered
4s
86
111
25-year
Pacific Co—
Pae coll)
(Cent
4s
72%
1083/a
'
Western Union Teleg gold 4'As
Southern
80%
79'A
*34%
Gen
104
123
105'% 106
100
105%
101%
*123
A-0
A-0
J-J
3%S——-—1962
debentures———,——1979
Bell Tel & Tel
110
92
110% 110%
110 %
*35%
1st &
Socony-Vacuum Oil 3s debs
1964
South & Nor Ala RR gtd 5s—;—-1963
91'A
1047a
—
100
100
F-A
61
1017a
21
*109
A-O
A
mtge Inc 4'As ser B
Westchester
102
99%
51
F-A
7s—>1941
1952
1950
F-A
J-J
A-0
102:
43
*100'A 101
793/4
*87
Washington Central Ry 1st 4s_.>1948
Washington Term 1st gtd 3'As—-1945
1st 40-year guaranteed 4s
—1945
29%
26%
F-A
Union Oil 2%s debs
2%s sinking fund debentures-—1961
91%
Af-S
—1955
Warren RR 1st ref gtd gold 3%S—2000
.
1933
B certificates.
series
A 6s
112
Walworth Co 1st mtge 4s_
30%
1935
Shell
114
1093A
.
Af-S
14
III—1933
!—
111
*1093/4 1103/4
^1976
50
5%
1
1087a
1083A
__
»m
M-S
Jf-S
ARef g'en 5s series B_;
ARef & gen 4'As series C
ARef & gen 5s series D_
i
49%
18
*108%
M-N
1958
AGeri mtge 4s inc series
7 126%
40
18
dep
series Ar
6s
cons
101 »A
(
W
24%
17
25%
ACertificat.es
Alst
99 J g 100%
100*3
F-A
89
40
39
F-A
50%
,
A-0
10311
97
72
27%
123
M-N
1950
103
977a
101% 1017a
102
—I960
—
f AWabash Ry ref & gen 5%s A
tSeaboard Air Line Ry—
8 a 1st gold 4s unstamped.
§ A4s gold stamped——
93'A
32
101
101%
10311
84
101'/a
>_
103% 104
/ 7
10345
A-0
A-0
97%
65 'A
-46%
6%
207s
28'%
27
*102
A-0
85%
y
85
J-D
101 % 101%
303
M-N
r
Cons s f 4s series B
407s
1,855
J-J
102 7a
101%
10272:
Nov 1 1954
May 1 1955
—
'2.65s A—,—
1955
1957
Va Elec & Pwr 3%s series B__
.1968
Va Iron Coal & Coke 1st gold 5s—1949
41%
32%
M-N
1989
1989
unifying 5s———1952
AGen & ref gold 5s series A—>1990
St Paul & Duluth 1st cons gold 4s_1968
f ASt Paul e Gr Trk 1st 4%s
1947
t§ASt P & K C Sh L gtd 4%s
1941
St Paul Union Depot 3%s B
1971
Scheniey Distillers 4s s f deb——>1952
Scioto V & N E 1st gtd 4s»——1980
8 A 1st term &
1013/4
1017a
Virginian Ry 3%s series A
ISt
10174
*1017a 103%
*101%
Utah Power & Light 1st 5s—
37%
20%
.
d26%
32
1027a
*101% 102%
M-N
M-N
Utah Lt & Trac 1st & ref 5s
38 '/a
26
26%
ms
101'A
75°/a
27%
32%
of
101'A 1013A
M-N
1017a
90
452
30
33%
30
—
102
100'%
73
896
30%
1013/4
101'/a
M-N
United Stockyards 4'As w w—
f
*1013a
*101
May 1 1954
2.55S
.
"
M-N
101
94'%
1
90
29
1
102'/a.
101%
102%
*101
M-N
90'%
91
<
v
May 11953
NOV 1 1953
100%
M-N
/
1013/4
*10134 102%
*101
M-N
NOV-1 1950
—
101
M-N
M-N
May 11950
;
: 2.40S
1
,
Vandalia RR cons g 4s series A
30%
J-J
108'A
102%
101'A
100% 100 3/4
96
44
7
105'A
*106% 107%
1047a
101
1 2.35s
,)
97%
89 3A
21
74%
90
J-J
deposit
—
A Cons M 4%s series A——
1978
ACertificates of deposit stpd—
ACertificates
773/a
78'%
91%
1U
105'A'
100'A
67
90'%
1950
5s series B_,.—
APrior lien
1
91%.
AM?
deposit—.
——
L Peor & N W 1st gtd 5s
1&48
Pub Serv 1st mtge 5s
—1959
Rocky Mt & P 5s stpd
;—1955
jASt L-San Fr pr lien 4s A
ACertificates of deposit
55%
61'% 7 62-
95
95
106%
Steel Corp—
2.20s
107'%
62%
*90%
1
101
.
Af-N
102'A 1023A
97'/a
F-A
2.15s
;'
,108
6IV2
of
Certificates
St L
*—
99
105'%
—
A-0
—1933
-■>—
*106
J-J
ISt Louis Iron Mtn & Southern—
A§Riv & G Dlv 1st gold 4s——>1933
ACertificates of deposit
4s
4
105% 106%
J-J
1996
r.—
106%
A-0
Ltd 1st M 4'As——>1968
Island 1st 4s>:
1947
Adir 1st gold 5s
1990
97%
28
A-0
;
May 1 1949
—->——-.Nov 1 1949 v
2.05s
:
:
& Grand
1093/s
29
A-O
2.50s
Saguenay Pwr
107%
32
1027a 103
-1958
Serial debentures
•
i;
39
,
;
'
__1955
1952
5s
3'As debs—
J RR & Canal gen
United
7
153
36%
9%
36%
110
;
109
,.109
102'A
li-n
U N
1043A
124'%
108'A
—
1057a
1003A
103
109'A 109%
—
J-D
United Drug
54
124'%
110
*125%
ms
.1949
45%
103
1077a 108 3/8
1077a
A-0
..-—>1971
mtge 3%s series A—
1980
United Biscuit 3%s debs
86
16%
9'A
—
103
J-J
35-year 3'As deb
2.45s
2d
1127a
10
110%
*16'A
J-J
Ref
t
St Lawr &
109%
109 %
*102% 103%
F-A
1947
1970
.—
United Cigar-Whelan Stores
21
81
grant 4s
land
&
1st
34-year 3'As deb
,
St Jos
1077a
Pacific RR—
Union
9574
78
28
M-S
.1969
mtge
106 »A
100% 101
A-0
.1967
Gen mtge
102'A
1057s 105'A
J-J
.1967
4'/2s series D—
3%s series H
3'/aS series I—.Gen mtge 3'As series J;
—
t§AR I Ark & Louis 1st 4'/aS
JARut-Canadian 4s stpd—
*§ARutland RR 4VaS stamped
Roch Gas & El
-
44
105'A 105%
Af-N
.1977
coll trust 4s A
Alst cons &
92'A
105 %
Af-N
.1949
West 1st gold 4s.
t§ ARio Grande
92 3/a
95'A
1053/4
.
F-A
.1939
99'A
78%
15
'■
J-J
.—1956
883A
49
91%
92%
J-J
deb 3'As
t
1961
Republic Steel Corp 4'/as series B
1950
Gen mtge 4'/aS series C
.—I960
Revere Copper & Brass 3'As——
Remington Rand
15
91%
.—1997
.—1997
4'/as series B
debentures
3s
98
973/4
A-0
—1951
Calif 3s deb
Union Oil of
R
Gen & ref
117
1053/4
U
t§AUnion Elec Ry
4s>
116%
107
•
222%
A-0
106%
Union Electric Co of Mo
Reading Co Jersey Cent coll
Gen & ref 4'/2s series A
117%
*106
3%s
102 V2
149%
J-D
Af-N
3'/aS—
Af-S
100'A
101'A
100'/a
109%
106%
—2037
—1972
mtge
gold 5s—1949
deb A
1953
& Elec 1st
Tri-Cont Corp 5s conv
112%
—2037
3s—
5s
1st & ref mtge 8s——..
Public Service of Nor 111
1st
*97
*1091/4
j-j
1968
Publ
Ham & Buff 1st. gold 4s—1946
20%
-
853A
91
100%
*98
'
7
85 3A
112
877a
967a
100
J-D
>1950
4s„_
*95
A-O
Ohio Cent ref & impt 33/4s—1960
&
Tol St Louis
12%
88%
68
51
112
M-S
J-J
High
101'A 116'A
12
115
76%
,
80
J-D
Low
No.
757a
80%
79
—I960
—Jan 1960
Ry 1st ref 4s
Ave
A-0
A-0
.
—
100% 100%
J-J
Range Since
January 1
Sold
Hiah
115
115
1979
-,1980
>1964
ref 5s series C_.
108% 110%
109
Bonds
Friday's
Low
1977
&
Tex Pac Mo Pac Ter 5'As A
100%
90
*105%
J-J
or
*K'
J-D
.>2000
series B
Gen
Gen
M-S
10
Week's Range
Last
Sale Price Bid & Asked
Period
High
107'/a
Gen
*121'/s
Friday
Interest
'
J-D
—1951
Ended
Week
«
.
Exchange
Stock
'
Hiah
'
York
New
Range Since
January 1
J-D
*9I?
3'As
deb 5s
mortgage
Pressed Steel Car
Bonds
•..n07»/a 108%
—
F-A
5s series B——,.i——1962
1st gen 5s series C_
.-1974
1st 4'As series D
1977
Portland Gen Elee 1st 4'As—-—-I960
1st 5s extended to
———
1950
Potomac El Pwr 1st M 3Vis—-—1960
1st
BONDS
Week's Range
Last
or Friday's
Sale Price Bid & Asked
Friday
102
112
112
120
125
3
102
*105%
3
110%
113'/a
103'/2
105%
__
88
94
89%
52
104% 105%
14
104 %
106 3A
105% 1057a
36
105%
107
88%
n
SNegotiabillty Impaired by maturity.
tThe price represented Is
pound unit of bonds. Accrued interest payable at the exchange rate
105%
120
102
In the year's range,
d Ex-Interest,
Under-the-rule sale not included in the year's
not included
tCompanies reported as being in bankruptcy,
the Bankruptcy Act, or
.
e
Odd-lot sale not
range,
r Cash
sale
year's range.
ABorid^ selling flat.*
receivership, or
securities assumed by such companies.
*Friday's bid and asked prices; no sales being
-
the dollar quotation per 300of $4 8484.
reorganized under Section 77 of
.
transacted during current
week.
Volume
158
Number 4237
THE COMMERCIAL & FINANCIAL
CHRONICLE
2385
NEW YORK CURB EXCHANGE
WEEKLY
AND
YEARLY
RECORD
NOTICE—Cash and deferred delivery sales are disregarded in the week's
range unless they are the only transactions of the
In a footnote in the week in which
week,
they occur, No account is taken of such sales in computing the range for the
year.
In the
Dec.
4
following extensive list
and
ending
to include every
the
present
York
Week
Curb
Friday
Exchange
Ended
Friday
security, whether stock
STOCKS
New
Dec.
Wire
Aero
Co
Supply Mfg class A
Air
Investors
Air-Way
Alabama
Great
Corp
2
2
Allied
Products
Class
Aluminum Co
0%
6'/o
Cities
Co
30
72
102
class
111
30%
4%%
Gas
General
$2.50
Hard
American
41 Va
American
Thread
American
Writing
100
4%
Nov
40%
Chemical
class
Common
15%
Jan
42
15%
Jan
37%
ft
Jan
37'/a
Jan
41%
4,400
1%
9,300
14%
50
1
-25%
26%
Xl07% 109%
$5
Jan
93%
Jan
$5
225
28%
5%
preferred
Paper
•
•
i-—
36%
25
17%
17%
17%
•»W
23%
Jan
28
13
Jan
19%
—1
'
25%
Feb
26%
'
'
—
Jan
39% May
89'% Oct
86
l'/a
86
1
20
1%
100
10%
4,300
_■
10%
__
Jan
20'%
V'
--
!
Jan
26 %
44
Nov
57%
5%
Jan
2%
Jan
3*2
__
1%
ft
A
%
Jan
14
13%
4
14%
~3%
200
~4
60
California
Oct
Callite
Sep
Jun
2%
2%
3,400
2%
108
2%
Jan
5
Jan
2%
87/a
Jan
170
97%
Jan
3%
2,900
1%
Jan
5%
10,600
1%
Jan
6'A
9%
X98
X98
8%
10
7%
800
8%
20
88%
Apr
1,300
6%
Nov
99
7%
87/a
x7%
x7%
5%
5%
Atlantic
Coast
Atlantic
Rayon
Atlas Corp
Line
Co
5%
Jan
10
47/a
Jan
7
pfd
U
Dec
Voting
6
■%. Feb
1%
Feb
3%
Jan
7,800
80
200
28%
Jan
8%
4%
Jan
1%
1%
7,000
%
Jan
5%
Nov
8%
11%
10%
Nov
12%
i
3%
3%
3%
I
-25
Collieries-—:—
300
2%
5
5%
400
3%
Jan
6
9
9%
300
4%
Jan
11
20%
1
10%
21
10%
150
10%
16%
500
Jan
•
5% Jan
•
20
Baldwin Locomotive—
Purchase
warants
for
common
6%
preferred
30
Rubber
Co
Stainless
&
Seelig
common
4%
39%
1%
1%
19'%
Dec
41,500
2%
300
29%
Jan
3%
Jan
26
Jan
39%
-
.1
2,600
6%
39'A
1
Steel
Co
\
•
2
6,700
Mfg—
%
Jan
7
39%
class
convertible
Baumann
7%
Beau
A
common
(L)
4
1
;;
common
common
10
convertible preferred
Bellanca Aircraft common
Bell Tel of Canada
&
Hedges
Convertible
1
100
common
Co
Bickfords Inc
Blauner's
common
Bliss
Blue
$3
(E
W)
Co
com—*
3%
14%
%
21% Mar
&
&
Steel
&
South
see
-'1 "
-
page
2389.
West
A'rcraft
6%
■—
1% July
9% Mar
300
13% July
6
__
7%
Jan
10
Jan
-
6%
6%
100
3%
Jan
10%
Jan
14%
15%
5,400
1%
1%
1%
3,100
44%
50
44%
-
37%
Apr
9% July
16%
Jan
50
July
25
4%
7
Aug
Oct
U
Jan
250
9%
Jan
"7
"7
200
47%
48
120
22
—
* 13'%
ll7/a
13%
9%
9%
18%
3%
1
100
19
300
3%
3%
290
8%
ft :
5%
15 »A
Jan
21
10
July
116
Aug
84% Jan
99
Oct
98
'•'50
82
83
375
6%
6%
Coal
ft Jan
l%May
10% May
1S8
ft
l3a
Jan
Jan
9%
Jan
80
Jan
64'A Jan
5% Jan
800
16%
675
ll7/a
13%
27,900
3%
Jan
87
84
88
3,300
51%
Jan
8
8
300
80
81
60
Va
Illuminating
95'%
92%
95%
420
7%
7'A
x7%
600
7y8
7%
Co
4%
%
x36
12%
x36
11
1,000
12%
5%
Feb
Consol GELP Bait
2,400
22
July
1 y8 July
5%
Apr
28% May
36%
Nov
6
Jan
Mar
8
Mar
4
3%
Feb
1 Va
Jan
41%
1,050
41%
Dec
24
Jan
55
537/b
55
1/64
1/64
20%
21
25
1
540
ft
7,100
300
Dec
Jun
5
Apr
10% July
1,500
6,200
39%
4
July
55% Feb
60
Jan
Sep
332 Mar
1/64 Jan
14
July
3%
Jan
7
41
14
11%
7% July
2%
25
19% July
Jan
2
22
July
1%
ft
%
500
ft
J an
97/a
97/a
9%
800
7%
Jan
¥2
¥2
100
%
Apr
26 Va
1
Jan
27%
4'A
"i%
"4%
700
2%
Jan
5'A
63 7/a
667/a
2,000
56%
Jan
67
July
116% 116%
20
Jan
121
Jun
103%
Jan
110% Juh
2
Jan
•
common
;
;
1
•
preferred
preferred series C
Consolidated Gas Utilities
Dec
8 % May
8
Jun
Apr
6%
2%
& Coke Secur common
Co
Sep
95
Jan
7V'a Jan
1
1946
$3 preferred
Consolidated Biscuit
Jan
97%
%
2
5
100
extended to
Jun
Apr
1%
Southernwarrants—
26% Aug
18Va May
Jun
98 V*
Jun
6%
2,500
Electric—-
&
July
% May
11%
Jan
600
.
preference
8
96%
4%
£1
&
Sep
84% Jun
5'A
n
•
—•
105
Jan
Jan
13
.
Sep
Sep
9
14% Aug
Jan
73
100
—
Co
common
Mar
48
300
__
__
•
•
9
76
—
•9
ft Jan
15%
13
common
Corp
Utensil
Plow
series B
9% Mar
109% Nov
4% Nov
200
725
Feb
Jan
4'A
,
12'/a
4%
Apr
7%
16
*
Oct
Jan
Jan
3,700
98
•
Jun
2%
4%
6%
Jun
8% July
6
3,900
121/a
•
preferred
Conn Gas
1-3
102
...
*
Development ordinary
c
Jan
200
—
82 '%
1
18%
Feb
114y2 Jan
98
8'
1
Airlines
Colorado Fuel & Iron warrants
Colt's Patent Fire Arms
4
t
7% Jan
10
Colonial
V
Jan
6%
-
400
95%
5
10
Oct
Aug
Aug
1,500
8%
"
98
4
*
50%
116
112
3,300
8%
25
a,
23% May
7% Apr
7
__5
„—.
Oct
2% May
13% Nov
106% Jan
%
Co
Electric
Aluminum
5 %
Jan
100
Lights
Gas
Mar
5% Aug
38%
Va
102
♦
Cleveland Tractor
Columbia
150
5,900
l
6%
Oct
140
1%
13%
,4
Club
Oct
1%
5%
Inc
Clinchfield
5
•
Controller
Cleveland
Oct
Jan
13%
50c
preferred
Aug
5%
1%
pfd—,100
.'
23
3
1
preferred
Neon
Dec
3J/a Jan
13 'A
pfd—100
Mining
preferred B__
Colon
21
200
__
1
preferred
4%%
May
21
4 %
com—,*
4%
3
21
1
Consolidated
Mar
Jan
21
1
Utilities
Commonwealth
Jan
3'A Apr
—ft
1
Community Public Service
Community Water Service
Compo Shoe Machinery—
42
3% July
3% Jan
100
—•
Co
Apr
15%
—
Light 1%
Mar
45
Apr
1% Apr
7%
Prooucts
July
Jan
1%
6% July
Power
Power
5
Jan
ft Jan
ft Jan
100
Jan
—10
25
Nov
4% July
5% Mar
1%
*•
Co
136
%
Jan
1,400,
common—.
Jan
35
"ft'-
•
Nov
4,700
%
4]/2
4%
•
2%
—
%
6,100
45/a
1
..
15% July
13 % May
31% May
1% Jun
Apr
Jan
Clayton & Lambert Mfg
Oct
Sep
16% May
99% Oct
Jan
1%
A
115'%
33
—
%
—'
Jan
6%
3%
Iff
1
80
_l
common....
footnotes
—
.
Feb
Jan
9%
Feb
Mar
300'
Ohio
Claude
Nov
Sep
3%
100
$6 preferred BB
Cities Service P & L $7
May
Nov
Jan
'
300
2,900
Nov
6V'e
10
5%
5%
60c
Jun
6% July
10%
82
13,100
Oct
' 5%
;
Corp of America
Hudson Gas & Elec
Cockshutt
3'%
Jan
July
2% Feb
preferred_10Q
$6
7'% May
3'% Apr
50
3%
•
4,400
„1
__
Jan
7'%
300
2%
3%
127% 128
—
/
optional convertible preferred
For
14%
__
—
common_
Ridge Corp
14%
1
Fdy & Mach
common
Apr
3%
•
I
Jan
1%
__
4.
4
X20
Jan
7%
1,800
ft Jan
*•
•
15
May
15
5%
New York
Chief
.
2,700
•
preferred
Jan
2
25
.,25
Childs Co preferred
Dec
-
20
Berkey & Gay Furniture—
B rdsboro Steel
9%
16
_1
$1.50
Benson
4%
—100
Ties____
Mills Inc
4%
-
„
•
1st preferred
Brummel
Beaunlt
5
—
Refractories Inc
Nov
Jan
100
5
.9
*
'
$1.20
84
5%
common
(A M)
Clark
20
9
26%
Oct
—
5
City Auto Stamping
City & Suburban Homes
19%
8%
Jan
Jan
1%
Sep
5 'A
75
,
•
Cities Service common
B
i
22
Jan
11%
20
16 Ve
Assn
Products
(J W)
$6
Babcock & Wilcox Co
2,500
78
11%
—
Cherry-Burrell common
Chesebrough Mfg
Chicago Flexible Shaft Co
Chicago Rivet & Mach
July
Sep
10 %
3 00
21%
78
1%
-.
Aug
Sep
5% Aug
Aug
4 Va July
Aug
1%
50c
Products
Central
Jun
23
13%
2oy4
78
Chamberlin Metal Weather
Strip Co_,5
Charis Corp common
10
5% July
Jan
13 %
20%
Carolina Power & Light $7
preferred—*
Cessna
Nov
Machine
1% Feb
22
96
Central
Apr
1,800
400
11%
Central
8% July
2% July
10%
3%
14%
Central Maine Power 7%
40 % May
100
3Va
94%
Central
Dec
30%
&
Central
Sep
8%
—la
City
Catalin
May
-
7%
17
11%
voting
Castle
jun
2%
Jan
Industries Ltd—
Casco
ft May
Feb
non
Carter
Nov
30%
.4-5
preferred
Ayrshire Patoka
8
8%
—-,-f
v-
7%.
17%
30%
,
1%
& Sons common——.
6%
200
69%
7%
1
Forge common
Plywood Corp
(BFI
100
%
—.
Products
6%
100
—50
Drop
Automatic
6%
*
Corp__
Automatic
Basic
Corp
preferred
4—
Carrier Corp common.
July
Jan
11%
-
■,
1
$6
Jun
500
€%
•
.
10y8 Aug
12%
;
18
50
,
50c
Class B
10% July
99% Sep
300
•
£1
—1
warrants
Jan
Jan
15%
July
18% July
..1,10
Power
Insurance
Carnation Co
Jun
Canada
Fisheries—
Capital
Jun
3%
12%
15%
—
£1
preferred
Canadian Marconi—
Carman
2%
100
May
ft;>
1%
Jun
3%
16%
96
voting
Canadian
Aug
3%
10
Coast RR Co
15%
111
16%
25c
preference
Industrial Alcohol—
A
Class B
Jan
3%
Refining Co
&
Class
Sep
May
*
Associated Laundries of America
Associated Tel & Tel class A
Coast
5%
—•
dep rects reg—
Birm
Jan
500
Electric Industries—
Barlow
Fire
Canadian
May
2
33
75
Jan
Cement Co Ltd 6%% pfd—100
Canadian Car & Foundry Ltd—
Oct
4
30Va
14% Jan
Canada
17% July
1,100
13%
1
American
Jan
1,400
2%
12%
non-voting
Associated
105 %
Jan
107% 108 %
—
pfd—100
Breweries of
Barium
Electric
Tungsten
Camden
!3 May
Jan
12 % May
140
12%o
American dep rets 57c pfd
Calamba
Sugar Estate.—,
13% July
5% May
1%
„
1
Light $7 preferred-•
Corp new
2.50
&
'
3%
•
5
Oil
13,700
103 % 104
32
*.
Cable Electric Products common
Voting trust certificates
Cables & Wireless—
July
Jan
10% Mar
31 %
ft Feb
44% Jan
:
Jun
%
«*.«»
10
—
80
4,900
23'%
23%
,
<
100
*
A;.' ftA
Apr
25
—
125
16'A
2.50
common
Oct
7% May
1% Apr
'200
16
;
Jan
;
Sep
1,200
2%
Sep
Aug
IVe
25
44
$3 preferred
A)
200
12 %
11%
5
Corp Am dep rets
Biscuit Corp—
(P
4%
22 %
119
71%
,1
Sullivan
42% Aug
Jan
20'%
350
•
—,———2
Associated
Baldwin
&
Sep
Jan
13%
■
24%
i.'
—5
common
Ashland
-
preferred
Hill
6'/a July
Jan
Jan
68%
•
Inc
Burrv
Jan
61
22%
31'A
1
Burma
July
33
J.
.
_•
4
Art Metal Works common
7 fo
1st
2
10
Jun
11%
71V2
—*
Burco
29'% July
112
""3% Jan
1,300
34
preferred
Niagara & East Power—
preferred
Bunker
Jun
1,200
97
*
♦
3'A May
17%
7% Mar
1%
•
$1.60
12% May
Sep
Sep
"9%
.,1
Bruck Silk Mills Ltd
Buffalo
Jan
3
9
4%
>•
prior preferred
July
47% July
7%
6,100
10s
Buckeye Pipe Line—
Oct
500
3%
97
£1
'
— _
—
2
common
19%
900
July
23%
9
9%
£1
Brown Forman Distillers
45
Jan
12,500
A
Jan
Tobacco—
Fence & Wiie common
Class
3% July
36%. Apr
% Jan
12
5'A
33
1
10
preferred—
Equipment
Avery
Brown
Mar
Jan
•
Ltd—
Apr
2
%
3
•
dep rets ord reg
Columbia Power class A
9
11%
8%
3
•
Brown Rubber Co common
Bruce (E L) Co common
10
i
Arkansas Power &
Atlas
British
8% May
9% Jun
850
39Va
Celanese
Amer
Oct
1,000
14%
•
Arkansas Natural Gas common
Atlas
British
Mar
1,500
,
American
Nov
% Feb
Jan
2,600
__
100
4
9%
ft Jan
2%
100
*
dep rects ord bearer
dep rets ord reg—
Am
Sep
2% July
33
Jan
x4%
Am
Mar
109
Jan
500
British
Butler
1
•
Apex-Elec Mfg Co common
Appalachian Elec Pwr 4 % %
Atlantic
Dec
Jan
300
Nov
11%
120
Dec
6%
5
25
Co——
Fence
Post
Atlanta
Jan
20%
100
35'A
100
200
19
•
A
Jan
18%
*
preferred
Mfg Co common,—
82 % July
28% May
Jan
6
200
sA
ioo
.
A
B
Class
115% July
18% Oct
Jan
5%
38%
34
i-l
Angostura-Wupperman
6%
150
27%
2%
lVa
1
$;> series preferred
Aro
100
39'/a
Superpower Corp common—*
preferred
,
•
$6
Anchor
7%
Brillo
9%
15% July
31% July
Apr
23
•
Participating
American
1st
75%
1%
100
Seal-Kap
13%
35'A x36
26%
Republics
American
Jan
100
common—lOo
Preferred
&
Dec
106%
6%
108%
American Meter Co
Potash
30%
800
1,850
'
10
Co..
Dec
Mar
75
9%
_•
British American Oil Co
8,000
39%
Laundry Mach,,.
20
American Light & Trac common—25
6%
preferred—
25
American Mfg Co common—
100
American
29
5%
36
,
100
Maracaibo
28% Mar
18%
;
American
American
10
Dec
Jun
Class
46
75
l
Brill
Oct
% Feb
10
Hi"*'
Jan
3
1
Oct
3%
6
200
*
Apr
Oct
400
7'A
•
common
class
Low
10%
7 Via
_100
105%
32%
26%
•
preferred—
common
Aeronautical
Corp
Range Since January 1
High
25
Traction Lgt & Pwr„
Brewster
Shares
9%
»
110
'
Rubber
Nov
low
—100
—
preferred—,
preferred—
Corp
Nov
Apr
78%
6%
-1
preferred—
convertible
American
Breeze
for Week
of Prices
•
common
Apr
is
26%
common
Corp
2d
Sales
Range
Sale Price
Bridgeport Gas Light Co
Bridgeport Oil Co
111%
100
;
—25
Electric—
convertible
1st
$5
ft
—
preferred—
American
$2
&
94
22%
400
1 '»
Foreign Power warrantsHoe
7%
Jun
114%
Co
Jan
91%
6
100
4
Jan
18%
Cyanamid class A4
10
Class B non-voting
—4———-%0
&
(H C)
Bowman-Biltmore
3% July
Jan
75%
75%
_•
Light—
A
25
xllO
American
American
10
•
:
——-
Fork
104
22%
—_x~4—*
T——25
&
35%
23%
23
,1
&
Jan
3%
common,—1
A
American
1%
50
31
Mfg
Power
Jan
600
shown
are
•
7% 1st preferred
Borne Scrymser Co
Bourjois Inc.,
4% May
3% July
Jan
89 %
104
100
Class B
American
2%
range
week
Week's
Last
10
& Co
Preferred
——100
Board
Convertible
Class
1%
700
110
._—_—*
common
Central
Feb
4
—
American
2
88
"l0
preferred-,-
Box
1%
1,900
1
American Beverage common——.
American Book Co
American
2%
—25
Goods Mfg—;
American
87/e May
.100
Aluminum Industries common,
Aluminium Ltd common
;
,
9
Jan
pfd_.
conv
preferred—
Aluminum
Jan
5
2%
104
I
(Mich).
new
July
Dec
5%
114% 114%
common
conv
May
3%
100
27%
—50
commons-
Investing $3
A
Bohack
500
2
—3
Southern
Fisher Inc
Intl
Sep
Brazilian
Appliance
preferred
Allegheny Ludlum Steel—
7% preferred
L
&
22%
1,500
__10
$6
Alles
July
7%
,
Friday
Exchange
Dec.
Par
Blumenthal (S)
7
2
Curb
Ended
Oct
7%
2
York
Week
26
5 'A
7%
Exchange for the
High
Feb
7
"■
1
_50c
Alabama Power Co $7 preferred—
Allied
Low
20
5
*
preferred
Electric
Range Since January 1
17
4
selling outside the regular weekly
STOCKS
New
Shares
Utah
x3%
when
beginning on Saturday,
is compiled entirely from the daily
reports of the Curb Exchange
itself, and is intended
dealings have occurred during the current
year.
It
any
Sales
Low
and
the New York Curb
on
for Week
of Prices
__il
common—
Convertible
1943).
1
B
Ainsworth Mfg common
Air Associates Inc
(N J)
Accessories
10,
bond, in which
„10
.Class
Aircraft
(Dec.
or
Range
Sale Price
common
complete record of the transactions
a
Week's
Last
10
Par
Acme
furnish
we
100
.
66
116%
100
I
41A
4%
2,100
111
Apr
11% July
% May
5
Jan
Jun
Jun
THE
2386
Sales
Range
for Week
Consolidated Retail Stores
8%
5
—.
preferred
—
Co
9
9%
85
Curtis
Lighting
Inc
25
13%
600
-
26%
24%
25%
%
8
4
1,200
9%
9%
300
2
.250
2
;/ 110% 110%
150
100
Mfg Co
Sep
common
7
—8
.7 18%
Apr
108
Jan
Jan
31
Sep
,40
July
12% Jun
5%, Jan
,
..8;
Mar
% May
.
33% Oct
July
Jan
Apr
15%
Apr
;
4%
Aug
Jun
Gulf
3%
Apr
$B
Sep
3
July
8
Dec
10
Z
_.J»:
7%
;,:7%
.
200
.
July
31%
Oct
5%
,
Apr
Oct
.9
3% Jan
67% Mar
400
150 :
/,;/ sso;.
84
82%
Jan
.
;i30:;i30
184
Jan
3%
56
Feb
22%
,
^•295" •;,';r28„;-;..;3o
common- '.25c
•
Grocery Stores Products
22%
27 /
^6%;600
.
-25
1%
Feb
t 20
150
,200
■.
.
.100
Greenfield Tap & Die—-—-—.
Feb
28%.. 29%
.
.LV..':4%Wx41A
stock—...
Paper.——
Great
1%
~2~50
May
96.
.
.'1400
-!<
: -\
:,.;;52:;:/52
Sep
1%
85% July
140/
July
271/4
Jan
36
Mar
5%
Jan
10
127% Mar
.
,
,
Apr
47/8 May
1% Jan
Mar
6
Feb
11
10,200
17%
16%
17%
*
32.
-1
preferred.—-—
1st
Northern
13
26% Jan
31
.10
—
Co.————
Great Atlantic & Pacific Tea—V •»
7%
10%
Apr
1%
Mfg
Non-voting
V,,
Oct
52%
Jan
12% Jan
1,800
8%
%
$3
Oct
9%
25%
11% Nov
Jan-
Feb
——
Gorham
2% Aug
Jan
Nov
,.
:;7%
Sep
Sep
100
,45
4,800 :
Nov
112,
'11
•
8%
43%
Jan
41/4
;13%'.::IIi3% 141,
•
Jan
4%
....
10
July
76
.
Jan./
:
—
—
class A—
Gorham Inc
4%
Jan
.
.50
Jan
II
:
89%
Hi
Gray
y* Jan
—5
common
Jan
i
Aug
2% May
;
Jan
31
?8%/'
preferred..
——,——',—
Consolidated Mines—
$7
Goldfield
lfff Oct
19%
1-10
(Mo)—
52%
250
'
•
'
4V2 July
—•
—
110
42%
'
Jan
Sep
10% July
6% Mar
t
-28
—
75%
42
.
class A.—.
Godchaux Sugars
Jan
800
4,500
3%
Coal—.—
Alden
Glen
iy«
32
.
May
—
.
2%
400
Dec
2
% May
% Jan
,
preferred——
—
Mfg common-—Grand Rapids Varnish——
30 y8
2% Aug
1,900
3%
3%
3%
«-
Jan
July
9
75
,74
.74.
Jun
26% July
Jan
82
Jan
100
1%
1%
*
—•
—*
•
•
Preferred.'-i—..*,
Gilchrist. ■■ - Co.————• I
Gladding McBean & Co_—
*
3% May
Jan
15%
8,900
3%
%
1
Crystal Oil Refining common—
$6 preferred—
Cuban Atlantic Sugar.
Curtis Mfg Co
90'/a
Jan
H Jan
;
common
Rayon
preferred..
;
Georgia Power $6 preferred
$5 " preferred
—
Gilbert (AC) common
Jan
30
Jun
2% May
Jan
5%
8
Crown Drug Co common—
Tobacco
■fo Apr
10%
Apr
,79
£1
Co—
Cuban
$6
Gen
...
%
,_*
*4
convertible preferred
•
Water Gas & Electric common—1
High
61
130
78
75
Co A stock
General Shareholdings Corp com
General
Goodman
;—
"^convertible preferred
Apr
7% May
Jan
100
21/B
24
International A-
Cork
15% Mar
41
Jan
%
90
86
.
Nov
13
Jan
4%
Dec
15 % Mar
Jan
8V4
800
11/4
2%
Crowley Milner & Co—
Crown Cent Petrol
(Md)
Crown
9
1,450
5%
5%
5%
11/4
Liquidating Co—
Brewing
x8% Nov
1,200
8
& Reynolds
preferred A—
—
Petroleum common5% convertible preferred
Courtaulds Ltd—
American dep receipts (ord reg)
Croft
102%
Jan
ia
—I*
Ilio
——
Petroleum
76
2,900
131/4
$8
W
Sep
General
Oct
4%
12
12
Cosden
C
10%
200
11 %
131/4
Cor; ,on
Creole
2% May
Jan
5% Jan
36% Sep
Copper Range Co
Cornucopia Gold Mines—
Nov
3% Aug
70
102%
9 % "■
12 "
—•
$3 prior preference——...
Inc
112
3,800
9
3%
101
102%
1
Cooper-Bessemer common——-
1%
100
7% July
Jan
Jan
Low
10
78
,74
78
pfd
—100
Public Service $6 preferred—*
General Outdoor Adv 6%
$3
—1
Varnish Co
3%
200
8%
3%
—
.100
7%
prior preferred—
Continental Roll & Steel
Corox
600
1% "1%
11
•
Too
Continental Gas & Electric Co—
Cook Paint &
6%
107
-10
Corp
Steel
Textile
Consol
6%
Mar
41
Jan
31
1,000
.100
Consolidated Royalty Oil—
Consolidated
34%
33%
5%
341/4
1
Smelt Ltd
Consolidated Mining &
Range Since January 1
Shares
High
Low
Par
High
Low
tor Week
Range
of Prices
Sale Price
10
Dec.
Sales
Week's
Last
V,
1
Exchange
Curb
Ended
Week
Range Since January 1
High
Low
Par
York
New
Shares
of Prices
Sale Price
10
Ended Dec.
Week
Week's
Last
Curb Exchange
Friday
STOCKS
Friday
STOCKS
York
New
Monday, December 13, 1943
COMMERCIAL'& FINANCIAL CHRONICLE
102%
States Utilities $5.50 pfd—.
preferred-———————;.
Gypsum Lime &
114,-.
Sep
116
Jan
107% Mar
Nov
6% Sep
4% Mar
Alabastine
H
D
Petroleum common
Davenport Hosiery MillsDayton Rubber Mfg
Darby
Hall
14%
.
Oct
24
Nov
600
11%
Jan
19 y2
Jun
;;y30
24%
Jan
35
Dec
Jan
6%
Oct
1%
Jan
4'A
Jun
15
14
..35
Class A convertible—;
20
Jan
3%
'III
Jan
15
300
17%
17%
17%
—8
—
34%
35
„1
Dcjay Stores
—8
Dennison Mfg class A common——
convertible
,
69
69
1%
Jan
62 y2
Jan
x8%
-20
18
July
Mar
6
Feb
—1
preferred—
8%
2,900
10
5%
5%
5%
preferred
Detroit Gasket & Mfg-A
50
110
Corp com—
Derby Oil & Refining
72
111
Jan
.50
—
debenture
8%
100
.100
preferred—
$6 prior
~3% "3%
II
8%
13
Apr
19%
Jan
Hearn
6%
Hecia
Products
Steel
Detroit
De Vilbiss Co
Diamond Shoe
Co
Corp
—
.£
class B
Hosiery
Jun
11
Oct
500
21%
Jan
Nov
/ 56%
Jan
Oct
78
9% July
Jan
31%
66
Jan
76
Apr
Jan
4
Mar
3
July
2y8
400
1%
Jan
400
8
Jan
Co
Holophane
common—
Inc.:
Horder's
*
...
IlOO
.100
Eastern
Malleable
Eastern
Iron
:
—25
preferred—
8%
1%
1%
1%
56%
56%
100
32%
31%
",•*
States Corp
..
$7
*"""«
preferred series A
preferred series B
1
preferred v t c
Easy Washing Machine B
Economy Grocery Stores
$5
•
preferred
preferred
$5
$6
—
•mmnmm
875
10%
Jan
30
10%
Jan
297/a July
4
Power
Derrick &
—5
Equipment
Eureka
7%
8%
85%
—M
—
Jan
2%
Jan
6%
Apr
14%
Nov
2
Jan
9 %
May
49,200
85%
2,300
42
87%
90
5,900
43%
51%
54
300
83%
—
~
8%
500
9
7
27%
50
1,600
80
105
104
'
'
•
9
8%
:
—
800
9
Jun
85%
Jan
Dec
32
5%
Jan
90
Dec
Jan
7
--
7%
26%
7%
——
62
July
4%
Jan
Feb
88
Mar
29
6%
9
Feb
Jan
26
2% May
Jan
Jan
Jan
'
July
31
Sep
9 Ve May
105
43
Nov
Nov
12% May
5%
1% July
1%
1
29%
5
3,500
30%
625
22%
Jan
5%
700
2%
Jan
5%
Jun
25%
1%
30%
Jan
34%
Sep
Jan
21
Dec
-50
1
Apr
31%
,
1
Inc common
Eversharp
5
1
Pipe Line common
/
425
1,200
37%
47/B
_10c
Equity Corp common
$3 convertible preferred
Esquire Inc
42
July
12
36%
18
..
21
1,100
16
7
Fairchild
Falstaff
*
Metallurgical
Mfg Co
—5
:
Federal Compress & Warehouse
Fire
Power
& Light
6%
8
1,600
6% Nov
35
May
14%
1%
1%
4,800
IV2
Jan
3
Mar
14%
1,100
7%
Jan
14%
Horn
14
14%
Jan
24
,
3,200
10
4%
5%.
1,100
July
61%
108%
105
Jan
6%
Jun
29%
Nov
70%
Oct
3%
62
100
57 y2
Jan
109
500
81%
Jan
109
Dec
Ford Motor Co Ltd—
Am
Ford
£1
rets ord reg
of Canada—
dep
Motor
Class
A
Class
B
voting
Motor
Amer
Fox
dep
15%
Jun
700
20
Dec
24%
Jun
23
400
15%
Jan
32% July
11%
Co
8%
,9% :
Fibre
Ligonier Co
—
19%
19%
19%
19%
6
May
19%
1,100
15%
Jan
2iy8 Sep
100
16%
Jan
22
„8
—1
3%
3%
6001
—I
17%
17%.
50
& Malt common
% Mar
3
■
convertible preferred
Apr
115%
Aug
20%
Jun
Nov
42
Dec
39%
7,700
wv,
i4'»/4
6%
1%
2%
9,300
20%
21%
5% Oct
100
200
6%
.6%
5% Mar
Jan
3
1,900
:::ii
2%
-,
Power
Co
—
100
13%
Mar
42
—
~8 % IP/4
^
2%
Dec
Jan
22%
Jun
Jan
4%
Jun
3% Jan
9%
Jun
>
^
400
preferred
Dividend arrear ctfs
5%
Illinois
Zinc
Co
—
Imperial Oil (Can) coupon
Registered
i—
Imperial Tobacco of Canada
Imperial Tobacco of Great Britain
■
preferred
Co of North
International Cigar
50
Inc—
1
International Metal Industries A
.*
International Minerals and Chemicals-
International
International
8%
i-
•
Jan
167/a
Apr
100
v_-
Gellman Mfg Co common.
General Alloys Co
2%
Jan
11% Mar
4% Mar
20%
Sep
13%
2,300
9
Jan
15
Mar
42%
1,000
29
Jan
44
Apr
t—
H"
1
~
45
—
Jan
64
July
General Fireproofing common
3as & EHec $6 preferred
Gen
page
6%
72
100
10
1%
200
1
6%
Dec
68% Jan
7% July
•
Jan
-115% July
Jan
15% July
9
Dec
.
10% July
v
83
Oct
20%
Jan/
48
Oct
50
if
6%
j;
3
%
Jan
1% July
250
15%
Jan
38% July
900
69%
Feb
87%
Sep
800
12%
Jan
16%
Jun
700
2%
Jan
11% May
200
'
1
14%
6%
/
6%
3
3
:
5
1% Jan
1,000
4,100
18
17%
6%
6,000
7%
6%
7%
13%
6%
600
8%
7%
Nov
10% July
Jan
21% July
21
Jan
14
17%
25
*
*
—
...
45%
45%
6%
/6%
,
6%,/
<
17
17
Jan
Feb
24%
Jun
Jan
10%
%
Feb
Jan
21
30%
;
1,200
7%
Va
Jan,
1% ;
1 %:
3% •'
1,300
4%
6,500.
Oct
& July
Jan
400
,8%;':
14%
3-:V
.
Nov
300
,17%
-
7%
8
Dec
3%
1%
100
200
Chute.———^—.-t
Superpower A.
*
45 %
21%
20
,
Dec
Jan
1
200
24
24
-
Dec
A Jun
25
32
50
1%
,-//;:i%
—
19%
Jan
Jan
7%
1,200
.
Jun
1% May
Jan
4,400
%
24%
3%
600
19%
23%
•
July
9%
Jan
% Mar
19%
May
14% July
8% Jan
18
Sep
45%
'
:
Aug
Jan
Feb
45
-14%
24
112
91
20
42
25% '27''",'
81% '83%
•
Jan
120
80
/'-I:.'"
25%
16%
i—-*/
43
——LI
Jacobs Aircraft Engine Co.:
(PL) Co—.I——...
—1
Jeannette Glass Co.l—-*
Jersey Central Pwr & Lt 5 % % pfd—100'
Jacobs
July
Apr
2
Jun
6
6 %
preferred.^.——_———100
105
preferred———
300
10
%
Jan
1% May
I
bIH
2389.
-£l
9%
Jan
-1
2
Jan
7% Feb
.10
«
.
•
14
14
114% 115%
300
30
xl3%
90
Sep
Apr
>
Jun
13%
Sep
4% May
8% July
16%
116
1
X87%
97%
Jan
July
6%
,
2%
75
„
-
88
99
98
.
-
66
Jan
89
60
69
y* Jan
97
60
84%
_r:-.,.v.84%
79
Jan
13% Jan
102%
Jun
Jun
A tig
Aug
Oct
19% Sep
i—
K
July
2%
\ 3
NOV
2% Jan
300
82 y2 July
Jan
1
""
Amer dep rets ord reg
General Finance Corp common
5% preferred series A_
see
72
1%
Gen Electric Co Ltd—
footnotes
Oct
9%
10
;»
500
40%
<40%
J
-*
*
Investors Royalty—
,L———I
Iron Fireman Mfg voting trust ctfs.—*
Italian
Oct
9%
5% Mar
100
107% 109%
107%
*
10
Safety Razor B
_•
Utility class A—'—-—u*
preferred
•
rrior preferred
—
Interstate Home Equipment—
Interstate Hosiery Mills.
Interstate Power $7 preferred—
10
.
5,000
12
•''
shs—*
$3.50
Sep
45%
Jan
\r
12
87/8
—'
$1.75
'
Jan
3
T'-.h z4'"
Industries
coupon
%''-
.12
Machine—!
International Hydro ElectricPreferred $3.50 series
International
■'■■■'.
r-
'-11%
10
America
.
25.
IK:
100
—
11%
850
10%
£1
-*
-*
.5
&
Indianapolis P & L 5JA% preferred.100
Indiana Service 6% preferred
100
7%
preferred
100
Industrial Finance v t c common
.1
2,200
5
'/■ Jan
1
2,100
-1,500
43
£1
Ireland
Insurance
-
11%'
*
<r;
—
—
4%
431/4
8% "'"8%
7A Ve
"P
43%
8%
Imperial Chemical Industries—
Am dep rets regis
7%
V 41/4
•
—50
conv
Aug
13
6%
common
preferred
8% July
Jan
8
1
Illinois Power Co common..——
7%
For
42
ftv; 4
27%
Apr
Jan
23%
125
25%
>'41; ;
".41%
Feb
147/s
;—
Julian & Kokenge Co—i.-—
5 %
Mar
Jun
42%
—1
—
$3 conv stock
Gatineau
•4% Aug
i :"
100
Distilling/
Co
Dec
35
105
Jun
1
15
.
bearer
Froedtert Grain
4%
3% Jan
Sep
Jun
108%
''25%
.
1
preferred
Hydro-Electric Securities
Hygrade Food Products
1st
V
31% May
103% Mar
5
Corp———~
■
Nov
29%,< Jan
;
11%
25
6% Jan
2,700
9% -
-
16
Irving Air
—
Brewing Co—.
Fuller (Geo A)
1,100
Jan
France-/-
rets
(Peter)
Franklin
of
4%
>
non-voting—
Ford
4 '/a
14% July
23
5%
Hummel-Ross
Jun
27% July
Jan
20
Dec
29% Nov
51/3
.10
$7 pre'erred
10% Mar
11%
Co_ .25
(Phila)
Association
Florida
1%
—1
Brewing
Fansteel
Fedders
.1
& Airplane
Engine
8
9%
Jan
22
Registered shares
International Products
-1
/ 11% May
Jan
7%
—1
Warrants
Aviation
Jan
22%
100
27%
27%
Baking Co...—
& Hardart—
——i
International Petroleum
Falrchild
11% May
6
;
7% Apr
Jan
9
50
11%
Jan
6%
& Co common—.
Co common-—
July
41/4
2,700
Jun
2,000
5
46
Jan
31;
May
July
28
37%
6
•
1% May
28
-15
6% pfd— .100
•
participating stock.
Empire District Electric
Emsco
26
Jan
22%
1
Electrographic Corp
Elgin National Watch Co
Emerson Electric Mfg
Empire
38 %
Jan
23
90
Light 2d pfd A._ —j•
warrants
Option
Jan
%
4% May
Jan
Apr
27%
8%
•
Electric Power &
19%
20
•
& Share common—
Bond
Electric
59%
28
I—*
Sugar Associates—
Eastern
Jan
1,300
%
.
2% May
Jan
100
25
16
'42
Jan
«
11% Apr
475
32%
25
•
$6
12
500
56%
common
prior preferred..
1%
_*
————
(Geo A)
Hussmann
Gas & Fuel Assoc
Jan
800
3% /
■
Hormel
.
4% %
19%
x33% May
.Tiy4 ~6%
6%
8
•
Consolidated G M
Hollinger
Huyler's common
East
25%
100
3%
2.50
10
—•
preferred—
—;—100
3
Hubbell (Harvey)' Incil.—.
Humble Oil &, Refining
24
150
27/b Nov
1% Aug
700
—
Heyden Chemical common
(R) & Co class A
Hoe
Jun
100
73% "
10%
May
& Hardart
28
"2
,-.■■2
/
Nov
5"
2%
251/4
•
Horn
100
10 y4
A Jan
u%
Aug
70 y8
~1%
May
—•
(A O)
73 y4
...
50
common—
Horn
28
•
Sulphur
6% May
Jan
2
69
II*
I—1
common
Test Corp common
Texas
7
Jan
6%
IIIlO
Harris Co
Durham
Duro
Jan
5%
<21%
«
Duval
3%
Jun
Jan
.L
Nov
3 %
—2
;
Preferred
—-i--——u——25Henry Holt k Co participating A—,-w*
Hewitt Rubber common
5
Co
Nov
100
—25
Duke Power Co
14
Jun
400
5%
5%
5%
Sep
10% Mar
5
10
Co Ltd
Steel & Coal B
21%
30% Mar
10
4%
4%
10
—1
*
Driver
14% Jan
Sep
10% Mar
class A com
Industries
1% Mar
4y2 May
22
nil
common
common
Dominion Bridge
Draper
700
19
Jan
Jan
%
2
9
common
Truck
Dobeckmun
Dominion
3
Xl7%
1,100
600
-10.
Divco-Twin
Domestic
•% A
3% ■
-10
common—
preferred
7%
3%
-10
—
%
%
—1
Gray Iron Foundry—
—1
Detroit Mich Stove Co common—,
25
2%
;;U2%
Corp—
Rubenstein———
Heller
Detroit
17% Feb
200
Apr
Helena
4% Jan
950
42
-•
Dept Stores common.———>_5
convertible preferred—.
50
Mining Co.
25c
Hazeltine
i 18%
'
•
7" «July
300
20 >
5
;19
com..1
of America B non-vot
Hat Corp
Nov
79% Jun
Mar
Ltd——
Hammermill Paper-—-,
———10
Hartford Electric Light———25
Hartford Rayon voting trust ctfs—^-1
Harvard Brewing Co^i
———-1,
Co
Bridge
Hamilton
''5%
5%
-8
;—*
Co.
Lamp
Key Co common
i—
—i
Kings Co Lighting 7 % pfd B
5%
preferred D_.
Products...
Petroleum,
Apr
Kingston
Nov
Kirby
;
.....—
.
123
,10
10
400
,9%
300
• ■
<
Jan
6'/2
Jan
123
-•
May
10
Dec
Apr
5'/2
Jan
14%
5%
8%
:.*
100
.100
—1
115%
30
123
preferred.i.lOO
Kennedy's Inc——„—1
a
8
Ken-Rad Tube &. Lamp A
._*
Kansas Gas & Elec 7%
Sep
5%
Sep
45
'2%
2%,
4%.
2%
"4%.
1,100
600
July
63
Nov
32
Jan
49
Nov
Jan
4
Jun
1%
1%' Jan
5% July
Volume
158
Number 4237
THE COMMERCIAL & FINANCIAL CHRONICLE
2387
NEW YORK CURB EXCHANGE
STOCKS
New
York
Week
Curb
Exchange
Ended
Week's
Friday
Dec.
Last
10
of Prices
Par
(I B)
Jan
%
13'%
9%
Apr
Apr
.„1
4%
Jan
10:
(S H)
Kreuger
1st
100
preferred—
Brewing
104%
,
104,/2
104
120
„10
Co
Curb
Ended
Friday
Exchange
Dec.
__
—1
1
85/a
'
300
8Vs
Nebraska Power 7%
Nehi Corp 1st pfd
Oct
Feb
10
Jan
4%
Navarro
9% July
104%
85
69;
July
12% Mar
.
—
12
Oct
Co.
preferred
Lake
Shore Mines Ltd
32%
Lakey Foundry & Machine
Lamson Corp of Delaware
Lane Bryant V/c preferred
32%
12
1
;
31%
11
12
1
_
2
2'A
5
Le
Corp
Locke
1%
Nov
2%
Nov
6
Mar
Feb
105
400
1,000
100
—
Clock
•
~2
~2
6%
22
50
7Iff
-
1
8%
fa
fa
25%
4%
600
Y
N
Y
&
N
Y
11%
Jun
21
Jun
N
2
Nov
Oct
Jan
9% May
% May
fe Jan
24%
Jan
Power &
A
Niagara Hudson Power
5%
1st preferred
5%
2d
1%
300
%
Oct
18%
Oct
Nineteen Hundred
400
12%
Jan
16%
Jun
Nipissing
Apr
Noma
Apr
North Amer Light
Jun
13
Nov
Jan
24%
Oct
1%
15%
10
2 Va
May
8
8%
6,800
6%
Jan
9%
1%
1%
VA
3,400
A
Jan
2%
preferred class A
100
52%
52%
54
preferred class B
100
52%
50%
52%
1
6%
6%
7%
8,200
108% 109 "A
30
Exploration
Louisiana Power & Light $6
pfd
•
common
Jan
8
•
common
15
5
25%
25%
250
21
25%
Va
*
5%
103
450
Jan
55
Aug
Jan
20
1,350
52%
Class
Jan
9V8 July
110
Jan
Aug
29% May
A
$5
.
Marine
♦
4%'
1
ir
20
common
2%
Jan
4
Mar
100
common
1—5
11
••
137% 140
3%;
.»■
750
13% May
Jan
XlSOVa
Sep
4%
Jun
2% Jan
2ir
Jun
4% May
Jan
125,
2,000
Apr
8%
1% Jan
8
40
3'A
Aug
6% May
2
4% Jan
1,300
„44%M41/2
44 %
24
Jan
i«
500
9'A
Jan
3% Jan
-
3%
•
common—.1—:
2%
8%
140
Jan
52
Oct
■
'
f'
Merritt
Chapman
-Warrants
6% %
&
Scott
—•
;———
:
Michigan Steel Tube...
Midland
1
v
Co
common™..—
Oil
Midwest
U
U
4%'-
5%
Co
500
va:
1%
5,600
%
—1
19%
19%
50
24%
1%
3,000
1%
-
7%
7%
,
6% July
8%
Sep
2
Jan
x2
■: i%
:•
x2
1%
-
1,400
1%
•
54%
475
97%
10
common
15%
.300
2%
3%
6,700
.—10
170%
'
16'A
170
171
■
16
16%
28%
1%
—_oc
.—10
——
Mountain States Power common.
Mountain States Tel St Tel
5%
Jan
21
Dec
35%
Apr
Jan
22
2%
Apr
87/a
Jun
Jan
19
1% Jan
July
..
Mar
49 '
Nov
2% July
2 Va Sep
59% Mar
90
Jun
98
1
Apr
"*
730
700
8:
112
4%
Jan
13 %
,
xl4%
Nov
% Jan
1% Mar
5%
163:
15 %
Aug
8% July
Jan
13
Nov
July
21% May
*
4
Jun
1% May
6%
prior preferred
American
Penn RR
Texas
Corp
National
Bellas
National
Breweries
7%
Hess
common—...1
Ohio
Co
Brass
National
Candy Co—...
City Lines
convertible
Nov
23%
1,400
4%
Jan
100
B
Oilstocks Ltd
National
Mfg & Stores commpn.
Power
&
National
Refining
National
Rubber
National
Steel
11
5%
500
200
200
Overseas
Pacific
Can
$1.40
Co
Sugar Refining
National Tea 5%% preferred
National Transit.—
National
Tunnel
National
Union
For
1%
1%
200
&
see
10%
Dec
4% Jan
-
Jan
'
14 Va Mar
10% Apr
69% Mar
Jan
f
Jan
15% Sep
2
25'
May
Nov
35
18
Mar
28%
Jun
Nov
Nov
Sep
150
44%
Feb
54
111/2
11%
11%
4,800
8%
Jan
12
100% 100%
20
87%
.11%
700
3Va
Jan
July
11% Nov
10%
300
6%
Jan
13
2% Mar
10%
11
18%
11
17
18%
10
8%
11%
2389.
1%
1%
3
3
100
1,800
Jan
10% Nov
4%
July
Apr
2%
Jan
.50
17%
Jan
140
91
Jan
110%
Dec
Jun
113
113%
114%
80
106'A
Jan
115%
20
"
107
Jan
118
Oct
'103% Mar
112
July
'
'*.«*,
wm
'
.
5%
'
— —
18%
.
-
102
May
12% Nov
9%
Jan
8%
100
7
Jan
8%
Apr
500
11
Jan
13%
Apr
1%
3
1,000
900
lVa Nov
%
Jan
Jun
5%
22% May
Dec
15%
Oct
fc
18'A
18%
54
54
100
48
Jan
U4V4 115
.
'
180
110
Feb
7
Jun
8
3%
Jan
8
3%
Jan
7%
600
'Vl
16% Aug
W—'''
1
19%
Apr
55% July
117
May
Feb
:
—
7
7'/a
200
Jun
,
Jun
•
I25
*
pfd
8%
;
34
$6
Penn
106%
31
Jan
36% July
28 V4
Jan
33V4 July
200
102'A
106
106%
Jan
110
Oct
73
Jan
99
Nov
:
Jan
3%
15%
8%
7%
8%
Feb
19V4 Aug
Jan
86
3%
19,900
24%
24'A
Jan
17%
1,500
Apr
Jan
26 Va
Nov
Jan
37
28%
Jan
36
Oct
32%
1
50
30%
Nov
32%
Apr
4%
10,400
3%
Jan
5%
Sep
%
100
103%
;
102% 103%
220
98
98
30
158
158
159
150
4%
4%
44
%
1150
Pioneer
Gold
&
»
62%
65
pfd
9
1
7%
Gold
Oct
900
5
Jan
9% July
Feb
21
Prentice-Hall
Jan
30
July
Jan
13
JA Jun
"VA
4,800
IVe
Jan
2%
Sep
7 Vb
7%
400
6
Jan
7%
Jun
40%
25
38
Jan
42%
Jun
56 Va
57%
47%
Jan
65 Va July
10 Va
Jan
14%
84%
Jan
98
2%
Jan
8'/a
56%
92%
Jan.
92
93
3%
■
770
1,600
3%
i
100
12V4 Mar
5
Pressed
Metals
Producers
Corp
Jan
3%
Feb
6 Va
1,900
4%
Jan
7
Apr
5'A
Dec
x9
Jun
Jan
30'A July
6
26
19
100
:
%
1
Nevada
Sep
V* Nov
Jo
700
%
%
Va
2,600
34
of
2
2,900
common
America
15
1%
10%
;
of
Jun
14% Nov
1%
26
...
...1
Jun
Oct
4V»
10%
l7/a
5
Mining
Inc
Jvn
Jan
8%
—10
Co
9Va
41/4
7,100
-7.50
-25c
July
34
300
24%
Power Corp of Canada
Premier
Sep
71/4
40%
1
Powdrel^ & Alexander
& Lambert
341/4
Jan
..10
common
Sep
Jan
6%
22%
~l7/a
—25
July
July
69
125
8 lA
__50
50
3
Jan
Jun
4
9%
6
24'/a
_•
Meter
Jun
%
31%
7
•
Ltd
Sep
July
1,000
6%
•
RR
Sep
100
173
Jan
104
350
25
1
105
Jan
Jan
51 Va
650
120% 123%
9%
Pittsburgh & Lake Erie
Pratt
Jan
74%
21%
Pittsburgh Metallurgical..
Pittsburgh Plate Glass
Pleasant Valley Wine Co..
Plough Inc common..
Scale
76
150
2%
65
1
common
E
Nov
1!A Apr
% Mar
100
common
Postage
Nov
41
Jan
—20
Co
Mines
L
68
Jan
V4
.2.50
common
Governor
Jan
27 Va
•
Water & Power Co
Securities
.
•
Co—
Aug
32%
*
Packing
19% July
28
25
Mfg Co__
Sugar Prop common
Penn Traffic Co
Pierce
9% Jan
•
Light $7 preferred.
Phillips
Oct
6'/2
•
A
Electric Power 5%
July
9%
Sep
14
50
17
1
Salt
Mfg
Sep
i 6
-10
preferred
Pepperell
5%
72%
;
Penn
Penn
Sep
900
200
*
$2.80 series preferred
Power &
14'A
34%
32
100
common
Jan
33%
32
.25
1
5%
5%
V4
3%
100
2,800
Jan
Jan
Jan
10%
Nov
lfs Sep
43
Aug
7% July
May
2%
Feb
4%
Apr
Jan
% May
Prosperity Co class B
•
4
Mar
8% July
Providence
Sep
11%
8%
11%
_*
30c
page
100
8 % May
27% May
3,000
Aug
12.50
Mines—
Jan
«...
Penn Gas & Elec class A com..!
Jun
Jan
13 Va
*
Radio
footnotes
x35
.
Nov
Jan
4%
Pennsylvania Edison Co $5 series pfd_«
15'A
9:
40
11
112
4Va
16%
19%
1
_
Pennroad Corp common
Pitts Bess
3,000
27%
.
27
11%
Aug
19%
*»<*
common
preferred
Pitney-Bowes
10
10%
104
Apr
109 Va 110%
#
Parkersburg Rig & Reel
Patchogue Plymouth Mills...
Peninsular Telephone common
Nov
Dec
-
National
•
Pacific Power & Light 7%
Pacific Public Service
$1.30 1st preferred
-
Aug
10%
•
Jan
1,700
114
,
Pacific Gas & Elec 6% 1st
pfd
5 Va %
1st preferred
Pacific Lighting $5 preferred
20
1,500
—
Jun
82
3,400
24
'
—1
Securities
'132%
10%
11%
46% .47%
common
Ltd
113%
15
«
Polaris Mining Co
Potrero Sugar common
—
Machinery
Car
6
3%
V
50
Oliver United Filters B
Omar Inc
Jan
11%
Light $6 pfd—*
Mar
1%
Feb
20
6%
5
preferred
$5% conv prior preferred
Jan
47%
•
53
Feb
■
109%
—100
common
$3
13 %
50
National Fuel Gas
National
6
22%
4Va
1
nil*
Ilioo
Oklahoma Natural Gas common..
Pneumatic
X35
34
Feb
%
23%
200
102% 102%
6%
_•
common..
1st preferred
112%
35!
•
Jan
July
July
102% Mar
102%
22%
Sep
_50c
common
preferred—.
34
4
pfd— —100
6%
Phoenix
__'__25
National
$3
27%
Dec
Jan
51%
%
—4
class
•
1%
;
100
25
Edison $6 preferred
Ohio Power 41/2% preferred—
Ohio Public Service 7% 1st
Philadelphia Co
2% Mar
6% Apr
57
_•
400
30
100
Ohio
Jun
33% July
5%
common
22%
30
30
pfd.100
common
Nov
Jan
■19
% May
102
.
0
Ogden Corp
8
Jan
10%
„
Jan
30
•
180
1%
.100
preferred
6%
Corp
Apr
20 Va
i4 7x14%
—_*'■
52%
50
Jan
25
5%
9% July
1% May
Jun
4%
Jan
32
1,100
5
Co
N
Nachman
4,400
102
.*
Oil
Public Service
Novadel-Agene
Phila
_
—2%
Jan
Nov
% Jan
3% Jan
50
Utility Securities
Central
Perfect Circle Co——
Pharis Tire & Rubber
2,900
5%
—-
%
ft
95
Dec
28%
19
100
—
1,600
*
Pantepec Oil of Venezuela Am shs_.
Paramount Motors Corp
-1
71%' "l%
..
Mountain City Copper commonMountain Producers—
Muskogee Co common
6%
preferred..
2,900
15%
Heat & Power
Murray Ohio Mfg Co—
Muskegon Piston Ring.—1
9%
440
....1
—
Moody Investors partic pfd
Mtge Bank of Col Am shs_.
13
9%
"3%
-™1
Monroe Loan Society A—...
Montana Dakota Utilities
4%
A Feb
U May
6% May
104% Oct
12% Apr
Jan
8%
2,700
•
Page-Hersey Tubes
5% Jan
9%
1%
4
98%
American Rayon class A
Class B common.
Oct
100% Jan
12%
;
5,000
lis
%
♦
$6' preferred
North
Penn
1
Monarch Machine Tool
15%
200
52%
"_2~50
10 Va
83% July
76% July
fe Sep
3% Jan
8
4 V*
Feb
Jan
Public Service common-
Voehringer common
Molybdenum Corp..—
9%
...1
Jun
6%
Mississippi River Power 6% pfd— ..100
Mock Jud
600
10
& Power common—1
9%
1%
97%
52%
1,400
~1%
'9%
100
14
Mining & Mfg
;—:—._« /
Light 7% pfd—100
-ft
4%
Jan
91
5
Jan
300
■
•
1
Va
4%
Jan
1/128 Jan
""
22
110
700
1
Parker Pen Co
24
54
42
30
;tl3
Sep
58% May
3% Jun
1% Jan
100
Mar
4%
•
Apr
1% May
7% Mar
Jan
8 ",
•
Montgomery Ward A
x3%
'1
2,775
72
111%
Jun
Va Mar
6%
Sep
4% Mrt
2.400
9%
Jan
1
3% July
40:
Sep
111% July
Jan
Apr
5%
400
9
Minnesota Pwr &
Montreal Light
1% Mar
100
5%
1%
•
1—
Pictures
2Va
Jan
' 7%
Jan
36%
82%
*
May
Nov
102%
71
Corp B—
23
xll
79 Va
Mines
July
50
82 Va
-
Nov
105
110
41,000
5
113
Feb
J12% Nov
4% Jan
f/a Jan
9
•
Mining Corp of Canada
Monogram
Jan
450
~5%
7
—50
& Supply
Mid-West Refineries
Missouri
Jan
lit
3,000
.
5%
5%
7%
.
5
:
Piping
Minnesota
98%
2,600
'100
,
1
Apr
Va May
V
Abrasive
Midwest
8%
% Jan
preferred—•
conv
$2 non-cum dividend shares
Midvale
1%
2
"5%
1
Steel Products—
Mid-West
1%
5%
t c.l
common——
$2
Jan
28 A
.——li-l>
Corp
125
2
—10
——.—
Oil Corp
100
k
t c
West
5S
108
.2.50
Micromatic Hone Corp
;
Middle States Petroleum class A
Middle
700
%
2
Michigan Sugar Co..
Midland
%-•
~1%
1
Corp
:_25c
Participating preferred
—15
Metropolitan Edison $6 preferred—*
Michigan Bumper Corp
1
v
6
100% 100 %
100
Textile
Class B
5%"
%
•*;
...
A preferred
Preferred...
"
■
Messabi Iron Co
Metal
6
1,100
3 Vb
Jun
500
6%
12%
Jan
95%
Jun
35
300
13
2%
x9
Co.
Stores
450
4%
6%
Dredging
Memphis Natural Gas
Mercantile
90
Jan
"
& Mfg B
&
20%
•
102
24% May
13% July
Sep
Jan
Com-
Marion Steam Shovel.
1—
Mass Utilities Association v t c
McCord Radiator
Jun
57
Ltd
Co
Mead Johnson
Jan
2%
6%
26
:
*
McWilliams
Jan
2
Co
Margay Oil Corp—_—.
Massey Harris
%
Co
Mfg
International
munication
900
2%
preferred
(The B)
Consolidated
Marconi
1%
—_
convertible
Manischewitz
Mapes
1%
12
108% 109%',
56 Va
57
1/64
7%
preferred
Northern States Power class A
1%
10
100
preferred
Nor Indiana
M
warrants
12
57
warrants...
Electric
North
Stores.,
40
2%
Niles-Bement-Pond
North
Manati Sugar optional
111
101
2%
Class B optional warrants
Niagara Share class B common
Northern
Mangel
110
Jan
Oct
Jan
18%
18
10 V4 Mar
'■
15%
12%
Nov
8% May
100
100
optional
Feb
2% Jan
400
10
preferred
A
July
10%'
100
common
68% Mar
4
22%
101
Jun
4% May
10%
111
Oct
Jun
•
Feb
21%
pfd.100
pfd—
9
21%
31
10
•
Sep
Jan
50
1
6%
18
Jan
2%
preferred—100
Nov
110'A
Dec
IV4
28
6 */a
shares
100
7% Jan
53
2,200
6 V8
;
1,700
1%
&
Light 7%
10%
-
5
3,400
2'A
Shipbuilding Corp—
23%
11%
Jan
10
N Y State Electric & Gas
$5.10
N Y Water Service
32% July
17%
Jan
•
:
preferred
Y
9%
_*
Class
common.
Honduras Rosario
Founders
5% Mar
Co
Merchandise
N Y
22
4%
13V4
55
City Omnibus warrants
Apr
Auction
23%
23%
6%
Corp
Apr
N
•
2,400
10
25
common
Long Island Lighting
Lynch
Y
18%
preferred
Chain
Land
N
Feb
Jan
200
2 Va
7
5'/a May
53% July
Jan
200
6%
111/4 May
Jan
Jan
18
2Va
Jun
9%
531/4
54
6
87%
250
17%
1
Jan
Jan
25%
_*
Jun
% Mar
1Q
Inc 6%
Lone Star Gas Corp new common
Louisiana
25
4%
Jan
12 %
3,700
25%
25%
«...
•
14%
19% May
2% Feb
500
22 ■*
,
6%
■
Sep
Nov
1
—
.
xl09%
Dec
86
Is,a
1,300
—
106
28%
114
x6'A Nov
225
50'A
48%
106
Co
$6
7%
49%
3
Nov
2%
~9%
8%
2%
100
Tel
3%
—
.
Class
Groceterias
Steel
1,200
20% ' 20%
5
—
Brothers
Loblaw
Jan
100
_25
Line Material Co_
Lionel
8%
2%
•
Oil
Lipton (Thos J)
8,200
1
_.
Development-™,
Tourneau (R G) Inc
Lit
39'A
♦
common
Convertible preferred
Lehigh Coal & Navigation
Leonard
Jan
"8%
1
Langendorf United Bakeries class A—*
Realty
20%
100
Lane Wells Co common
Lefcourt
60
2%
100
High
Jan
Feb
Nov
86
—
•
New Mexico & Arizona Land
New Process Co common
100
5
1
*
New Idea Inc common
New Jersey Zinc
(N J)
5
•
Haven
104%
..
•
preferred
&
12%
20
•
100
England Tel
New
RR
100
112
Nov
New
Lackawanna
Low
28%
110
5
.
Range Since Jannary 1
Hiah
28%
—
Shares
—*
preferred.
$2
for Week
Low
100
Nestle Le Mur Co class A
New England Power Associates
6%
Sales
Range
of Prices
•
(Herman) Corp
Neptune Meter class A—
Sep
87/a
Oil
Nelson
14% May
Jan
Week's
Last
Sale Price
10
Par
Sep
Oct
16
Feb
92
.100
special preferred
York
Week
High
!%
.
Inc
convertible
Kress
High
lLow
Koppers Co 6% preferred.Kresge Dept Stores—
4%
Range Since January 1
.>10
Rubber Co__
Stores
New
Shares
1
Knott Corp common
Kobacker
Low
STOCKS
for Week
Range
Sale Price
Kirkland Lake G M Co Ltd
Klein (D Emil)
Co common^
Kleinert
Sales
*
7
Jun
8% Mar
100
104
Apr
107%
Dec
100
109
Apr
115
Nov
Public
6%
7%
Gas
Service of Colorado—
1st preferred
1st preferred
fa
7
7
500
Puget Sound Power & Light—
Common
10
—
10%
_•
$5 prior preferred
Puget Sound Pulp & Timber
Pyle-National Co common
Pyrene Manufacturing
95 %
•
5
10
9%
94
12 Va
Sep
11,400
750
92%
Nov
7V4
Jan
13%
Apr
8%
Jan
15
Jun
7V4
Feb
12%
10%
8% Nov
10%
95%
12%
100
10%
10%
175
.
120
Aug
9% May
Ended
Week
Last
10
Dec.
Range
\
Low
Par
Low
High
5
Stokely Foods Inc common———50c
Suoock (Si Co_
*
Sullivan Machinery
•
Sun Ray Drug Co__
1
Sunray Oil 5%% conv preferred——50
superior Port Cement class B com
•
8wan Finch Oil Corp—
IS
Mar
Jan
92
146
Feb
156
Feb
13
July
13)
July
70
540
76
74
74
"loo
preferred
Quebec Power Co—
6%
—
Corp—
(Hugo)
Shares
of Prices
Range Since January 1
High
Low
>■'/Par
■
Sales
for WCek
Range
.
Sale Price
10
Dec,
..;
High
Stinnes
Quaker Oats common.—.
Ended
Week
Last
Curb Exchange
York
New
Range Since January 1
Week's
Friday
STOCKS
Sales
Shares
for Week
of Prices
Sale Price
Exchange
Curb
Week's
Friday
STOCKS
York
New
Monday, December 13, 1943
CHRONICLE
THE COMMERCIAL & FINANCIAL
2388
Low
(4
—
V:
Jan
13 %
Jan
21
18%
12%
1,200
734
20%
1634
134 July
Sep
100
21
17%
High
Jan ,;
11%
11%
Sep
Jun
Jun
Jan
13%
Oct
Jan
43
2134
20 %
52 %
Oct
•
1234 Mar
15
Sep
:0% July
0% Mar '
R
Voting
Jan
14%
15
700
13%
Jan
19
Nov
51
10%
11%
4,800
2%
Jan
2(4
1,700
%
Jan
14% July
3% Oct
22%
1,000
21%
Jan
29%
July'
Jan
13%
Apr
22%
5
1
Engineering
Reliance Electric &
Jan
Aviation
Dry Goods
Richfield Oil Corp. warrants
2134
.
2%
3
9%
3
10
*
Stix
2
2'/8
\
Co
Republic
Rice
Jan
7%
10(4
Manufacturing common—50c
Roller Bit Co
Reed
•Ta
200
11(4
Raymond Concrete Pile common
$3 convertible preferred
Red Bank Oil
15,400
46%
Utility Investment A
Rath Packing Co. common
Raytheon
1%
12%
%
10
1
10
common
Railway &
Jun
lVa
12 %
14%
& Light Securities
Railway
2(4
1 Va
12%
warrants-
Radio-Keith-Orpheum option
10
%
—-
% Mar
•
Mar
5% May
Dec
Jan
10(4
Sep
%
Nov
1%
Nov
7
400
4(4 July
% Apr
t c
1%
Jan
x%
1,200
sa
Jan
9134
Jan
108
Jan
17
Apr
73a
Jan
12
Nov
23a
Jan
4
Mar
100
■
Texas
Power
pfd—
I100
Texon
Oil & Land Co—————
Pendleton Inc
Rome Cable Corp common—
Roosevelt Field Inc
Root Petroleum Co—
Roeser &
^
—■■
534 July
Jan
18% July
71% Dec
100
18%
200
16
70
70
71%
450
40%
177/e
16%
17%
100
16%. Nov
4%'
—20
*.
Royal Typewriter
Royalite Oil Co Ltd
R-3'4
jt
"3
1%
_3
1
Aeronautical Co
Consolidated Petroleum
Ryerson Si Haynes common
Ryan
Ryan
;
3(4
-2%
Fifth Ave
Russeks
Jan
2 Va
4%
18
4%
1
convertible preferred-
$1.20
1,200
2%
2%
5
5%
-III
27/a
2U0
400
22
Apr
8
Nov
Jan
5% Mar
,/
Dec
,3%
700
5%;
1%
•
1(4
Feb
Jan
6(4 Mar
2% May
..•-LA Jan,/
5 Va
2,800
3% Mar
22%
500
1734 Mar
11%
12%
Technicolor Inc common———-
12%
2,900
—2
Tilo
&
Shovel
Thew
Light 7%
Co
Roofing Inc
Realty
400
102
6%
7
July
Jan
22 Va
Apr
4(4
Jan
8(4
Sep
Jun
700
1
1
Va
:
Jan-
234
Feb
800
;
Jan
400
"334
"3%
—
6% Jan
1(4 Nov
'2(4
62
July
534
Jun
Ltd—
Amer
dep rets ord regis——.
Amer
dep recs def r°g—
1(4
1(4
Shipyards Corp.
——
Toledo Edison b% preferred
53
590
58
56
Todd
.100
preferred---—Tonopah Mining of Nevada
.—1
"4
-10
16
•'
x%
3
Mar
,300
10,000
1%
-700
Jun
.
109%
Nov
116
Oct
1
Jan
Feb
4%
A Jan
•
May:
'
67
Mar
107
30
-•
3% »: 4(4
xjj
.—1
Trans Lux Corp
114%
114
114%
11(4 Aug
Jan
102
.100
7%
Nov
Tri-Continental
16
16
-
Inc
7%
—1
Tubize Rayon Corp common-
Tung-Sol Lamp Works
80c convertible preferred
1
;—
*
350
39
'
18
Oct
Jan
:
10
Apr
Jan
73
Oct
800
1%
Jan
10 %
10%
10%
1% July
8Va July
4(4
4
4
Jan
4 Va
1,100
7%
60%' 63
.—1
A
Jan
37a
2,800
34
U
warrants
6%
7% Julv
Trenswestern Oil Co
Class
Mar
Jan
1,400
6%
.
15% July
115% Dec
3(4
43 '•!
Exports
Jun
26% July
—
Tobacco Security Trust Co
Trunz
5%
;•
Jan
17%
1
Construction-
Product
Tobacco
.—
.
20
6 Va
6
1
Stocks
Allied
&
115% 115%
634
5
common
Tishman
Tobacco
■
Rochester Gas & Elec
4%
22%
5%
*
Tampa Electric Co common
Nov
13
1
6% pfd D
1,900
x%
1
2%
—7
Richmond Radiator
Rio Grande Valley Gas Co v
2%
2%
.1
Taggart Corp common
Mar
1,000
%
M
2%
5,200
14% July
500
634
Jan
2
Jan
5% May
11%
Oct
u
1%
•
II
Lie
L
.—5
'
'
-
—
3%
.100
Salt
1
Oil Co.
Dome
9
934
2
.—1
■
•,
Lis
15%
Steel Co
-
Convertible stock-
600
22%
Jan
55%
27%
600
25%
Jan
32
59%
59%
61
10
IP"
10(4
500
7%
%
%
46
%
Jan
*
%
9%
.
17
v.
10
May
66
68%
750
51%
Jan
72% July
66
68(4
300
52%
Jan
73
July
2%
*
12%
"25
common
91
...
U
12%
500
11%
Dec
Jun
U S
Apr
119%
12%
14%
15
Oct
21% May
14%
.100
Manufacturing
7%
Gas & Elec
Aircraft Co
._£1
28
Nov
South
Penn
175% Jan
241
5
Mar
Jan
106
3
96
2%
2%.
2%
3%
2%
3%
2%
2%
3
4%
4%
2(4
4,300
41%
...
600
117'/a
117% 119 Va
34
1®6
6,700
Nov
115
Jun
32
:
4(4 July
49 Va Jun
Jan
Jan
A
May
434
Jun
123
Jan
July
13 May
14 May
%
8,300
(4
Jan-.
%
25,500
%
Jan
34
56¥4
2,700
21%
Jan
61%
Feb
39
July
80 '
Feb
93
July
v
55%
S
250
6%
Jun
Oct
42%
3,400
2%
150
7%
1,400
(4
•
Wall
—2
Paper
-10 "v
4
Voting trust ctfs.—
—
—1
Utah-Idaho
—
800
VA Jan
37/a
Jun
Jun
800
IVi
2%
Feb
34
•
V.
-
9
•
-
stock
common
—1
common
priority
18%
1%
400
47
50%
"l34
74 %
Jun
1934» Nov
19% July
75
Oct
3
May
68% July
Sep
434
Jan
34
49.
July
21
Feb
2
300
7334
Apr
234 May
22
2
74%
Apr
7%
Jan
4234
1,925
1%
47,
3
13
15% Aug
14% Jan
3,600
1
10c
1
Equities
17
Jan
Feb
Aug
-
16
250
"2,,
1734
16%
34 Aug
Feb
1
15
II
16%
Dec
Dec
10
200
.
80%
A Jan
1%
2,300
2%
10
10
100
•
!-
Sugar
Aug
1(4 May
1%
2%
2%
10
.—1
—
11
Jan
Jan
234
.
1—8
common
Jan
%
"l%
B
Pictures
July
834 July
Jan
60
725
■
4%
Insurance—
Sep
6 Va
Jan
1%
79
76%
Universal Cooler class A
Universal
Dec
July
2%
79
.50c
:
Universal Consolidated Oil-
$5.50
47
534
934
1
Reclaiming
United Stores common
Utility
Sep
300
% '."J
Jun
6%
73%
4%
9%
Aug
34
Feb
4%
5%
Jun
260
Jan
Jan
2%
1,650
6%
•
Rubber
4(4
63
50
66% X68%
6%
x68
50
*
Class
Feb
A
900
44%
Securities
Utah Power & Light $7 preferred
Utah Radio Products
Jan
1,300
A May
.29%
A
A
16
56%
9%
U S Radiator common—,
July
6
37%
34
Jan
16
Jan
26,800
mm mm
'
.-
2%
July
134 May
A Jan
44%
preferred with warrants
1st
4% May
■
Jan
Nov
28%
41
.25
Oil
Jan
1%
57 Va
Jan
4,100
2
2
5%
Universal Products Co—!
2(4
100
—1
common—
Jan
Jan
34
10
1
4% July
5% July
Jan
2
400
1
2%
1,300
.—1
17
11,600
A
—5
——
common—
and International
$5
Apr
Dec
100
3
■
.—1
—
South Coast Corp
234 Aug
Jan
1
400
100
217% 221
221
Manufacturing common——— -1
Soss
2%
.100
pfd
Co__.
Corp.
Sonotone
2%.
Jan
1
,
class B
Graphite
Universal
Singer Manufacturing Co Ltd
Amer -dep rets ord regis
Solar
S
United
.—1
Pattern common
"VA
-
13% July
Jan
10% Mar.
50
common
United Specialties common
July
Jun
July,
12
25
U S Foil Co
Jan
100
25c
10
25,
Preferred
Apr
16%
3
14% May
100
regis—
preferred
United Shoe Machinery
4
83
"3L
: v
Jan
3% Mar
10%
8% July
100
7% July
V '6(4
•
Sharing
Profit
United
Jan
111%
—
rets ord
dep
Sep
preferred
Solar
Amer
Jan
800
~1 Va
14
14
1,900
•
preferred
participating
5
91%
•
United N J RR & Canal Co—„
U
common
Sioux City
$3
2%
.
'
8
United Molasses Co Ltd—
300
90%
400
57 Va
'-■)
—
•
V.
B
United Milk Products
1,300.
.100
Manufacturing Co
Singer
class
2%
12
"7%
ie
preferred
1st
$6
"7%
Simmons-Boardman Publications—
Simplicity
preferred non-voting
warrants
United Light & Power common A
$7
2'4
3(4
"lis
y
A Jan
400
~7%
Option
~6%
i7*
.
-1
1
pfd series AAA
convertible
1
•
% May
4% Jun
%
"
5 34
'
32
United Gas Corp common
Jun
May
68
_1
July
3% May
4% May
'
5%
*
1% May
Jan
Jan
Jan
15(4
1
warrants
Corp
United Elastic Corp
Dec
1% July
Jan
3
.1 2,050
Sherwin-Williams of Canada
$3
& participating pfd
Cigar-Whelan Stores
United
Feb
5
3% May
Jan
3
July
68(4
—25
Denn
Co
x3%
Feb
13(4 Mar
150
7,100
7(4
16(4 July
4%
1,200
,
1
6%
5
Jan
Jan
3,800
1
17
62
•
*
_10c
cum
Common
6%7%
17
Oct
Apr
44
1
va
Mining
Shawinigm Water & Power
Silex
Jan
$3
United
1st
170
7(4
Seton Leather common-
pum
Dec
July
>29% Nov
,
Sentry Safety Control
Serrick Corp class B
5%
Oct
2
Jan
55%
—»
—
$5.50 prior stock
Allotment certificates
Sherwin-Williams
%
27%
Selby Shoe Co__
Selected Industries Inc common— "ini
Shattuck
3% July
16% July
16,200
III
Chemicals common
Jan
52
:::ii
Hardware
Segal Lock &
Seiberling Rubber common
United
1%
100
'
*
——,
Products
Aircraft
Jan
29%
Bros Inc
Seeman
Investment common—
United
%
.—1
Securities Corp General
Union
Aug
36
12%
200
17%
•
common
3% July
Jan
27%
*
preferred-.
Gas
800
234
2%
-10
Co—_.
Union
55%
25
25
•
Lace common
•
Spring Brook Water Service—
preferred
Manufacturing
Scranton Electric $6 preferred
$6
I:
2
1%
2
Convertible
Scuilin
15%
Manufacturing
of Canada
Unexcelled
600
234
3
3
10c
Corp
Oct
11%
Jan
v
—
„
—
Hi
Scranton
31%
%
24%
75
Udylite Corp
Ulen
Realization
2%
2(4
3
—1
Jun;
137
Jan
Jan
'
——
Scranton
1,700
4% May
2%
6,400
2 Va
16% July
Jan
"
•
Scovill
10(4
2
31
Oct
115
225
137
136
137
30,500
4
v
Sep
1'/a
'
4
'
2%
Apr
13%
'
Jun
2% May
Jan
76
Jan
Sep
*
Edison—
California
Southern
——10
Pipe Line
Pa
Southwest
42'4
original
6%
preferred B
preferred series C
Southern
7%
VA
42 >4
20
40
Jan
44%
Sep
30%
30%
300
29%
Nov
33
Aug
29
25
25
25
Colorado Power class A—-25
preferred
5%
5%%
29%
600
28%
Feb
32
Sep
VA
300
%
Jan
2
May
VA I
—
Southern
Phosphate
Southern
Pipe
-10
Co
—10
Line
Southland
Royalty Co
(AG) & Bros——. —-1
»
preferred
Spanish & General Corp—
Amer dep rets crd bearer—.
j
Stahl-Meyer
Standard
8
(4
Inc—
Nov
Venezuelan
Nov
Virginia Public Service 7%
5
7(4
Jan
900
6%
Jan
5,400
1 %
Jan
10
40
40
23
-10
4%
:,yl '•
Apr
Jun
A
500
(4
Jan
% May
1,100
2%
Jan
5% July
234 Sep
4%
17%
Jan
(4
Jan
1
2%
Jan
6% May
12(4
Jan
5
18
250
100
18
800
1%
Jan
1
—20
convertible preferred
Oil (Ky)—_————, —10
17%
.
nil
Co
6%
July
7%
aV
1,000
Starrett
Tube
class
B
(The) Corp voting trust ctfs—1
Steel Co of Canada
Stein
(A)
& Co.
Oct
11% July
A M&y
Maryland Ry 7%
Westmoreland
Sterchi Bros Stores
6%
t
1st
5 %
2d
preferred.
Fnr
B)
Co
torn-notes
July
Jan
2(4
Jan
5
" I "*5(4
500
paee
f
•
2389.
Williams
5%
44,
Feb
10%
1(4
:
1034
i%n%
7%
.9
900
900
1.500
&
Jan
4
300
234
Jan
434
Oct
80
98 34
Jan
110%
Nov
700
4
Jari
6%
Apr
900
5%
Jan
Apr
11%, Sep
Jan
95
3%
5
734
.
•
5(4
834-
11% July
Oil-O-Matic
Heating—'
!
Products Inc
—
Cement—.
1% May
Dec
Woodley Petroleum
Woolworth- (F W)
American
6%
Wright
May
Feb
15%
Sep
934
Jun
9%
Oct
13
200
15%
5%
Jan
9%
934
100
534
Jan
9%
200
7Va Mar
—
-
934 July
4% Mar
134 Jan
*.
9
.—10
7%
1
100
7%'
12Va July
Jan
108
Jun
1.
pfd—100
.,
Receipts
——
Hargreaves
15-
934
3(4
4
Ltd
Jan
8% July
Jan
2%
2A
• "
8,600
Jun
10
Jan
Aug;
2
5
•
2%
Nov
434
5
—~£1
Sep
110
Nov
634
M,
Sep
■
26'.
Ltdr—■
denosit
Preferred
10
May
19
Jan
July.
9%
Portland
Oct
1434
Co
Wolverine
12
.
C)
Sep
12% May
4% Nov
Jan
Willson
(R
Light 7%
Jan
234
13%
1
Power &
Jan
9
Dec
15
300
—20
-
Wisconsin
Jan
U Jan
Nov
A MaV
A Jan
1,000
%
15
14%
21
10
Corp
Oct
6(4
7%
HI-3
LIl
""
Williams
1%
20
„
common
see
35
2(4 July
-•
Inc——
River Oil
56% Aug'
13% Oct
A Jan
9
I-I__50
preferred
(J
1,600
54
j
Sterling Aluminum Products
Sterling Brewers Inc
-J
Sterling Inc
Stetson
u
\k.
•
15% July
Apr
1st pfd—100
Weyenberg Shoe Mfg
2% May
134 Jun
Dec
I*
common
-
Western Tablet & Stationery com
Westmoreland Coal
64
Nov
1%
1
Feb
91;.
—20
Western
A Feb
6(4
1,900
„.
Inc
A May
•
97%
Oct
Wichita
Standard
Coke
Co
A May
Jan
10% July
Apr
67
8
&
Grocer
Jan
Feb
86(4
9
~5
3
Coal
Air Lines
Jan
Dec
5%
10
.
108% 109
mils
Va
Western
114
234
100
%
—
4
Western
Jan
-5
Wentworth Manufacturing
—1.25
Texas Utility $6 preferred.
West
5% Mar
400
7%
West
Oct
34
July
8
mill
Mining Co
Knitting Mills
Sep
16%
Dec
10
234
Class B__
17%
&
Standard Silver Lead
3
Oct
■
Walker
Wayne
18%
100
Sep
105
Jan
8
91
•
class A—
Jan
59%. 59%
.
19%
■
.
& Bond
Jan
Common class B
Preferred
May
Waitt
13
a32
12.
Jan
44
900
Nov
July
32
Jan
234
Wagner Baking voting trust ctfs ext„•
7%
100
preferred
12%
1,900
4%
734
Co
900
""%
1
87
134
Jan
Jan
18
900
%
Aircraft
650
110
%
300
^80
W
Waco
17%
16
17%
1(4
25%
934
105
Manufacturing
16%
16%
-100
pfd
Standard Power & Light
Products
Dec
4(4
;
—
99
Dec
'
34
1
Standard Dredging Corp common-,
Standard
'
■:/i \
3%
1
.100
pfd
July
5%
40
'
.2.78
(Ohio)—5%
12
Jan
%
Petroleum
1%
24
9%
__
25%
6% July
9% Sep
Apr
100
9%
9%.
"5%
"4%
Standard
Standard Oil
72
129
—
Standard Cap & Seal common
Convertible preferred
;
$1.60
Aug
8 y4
.
5
preferred
Mar
5%
8(4
%
Brewing Co—
convertiole
115
5%
'
dep rets ord regis
—.
$4
Vogt
1st
Spencer Shoe Corp
10
129
129
5
Spalding
Valspar Corp
,63
preferred
-.1-100
New England Telephone—100
Southern
Amer
Jun
4
-
Aug
Apr
,
Volume
158
Number 4237
THE COMMERCIAL
& FINANCIAL CHRONICLE
238^
NEW YORK CURB
BONDS
New
York
Week
Curb
Ended
" '
Friday
Exchange
Dec.
Interest
.
JO
Period
Last
Friday's
or
3Vis
f
s
3%S
f
s
1950
Pow
Writing
&
J- J
1970
deb
Elec
6s
Pow
Arkansas
Pr
Elec
{Associated
AConv
Lt
&
5 s-
_
&
—1956
-
5s
(B.
without
104%
107Ma
111
99
i
96
106%
127
124
J125
A-0
106% 107
77%
88 Vi
6
78%
77
Af-S
J-J
23%
.21%
F-A
23 V
21%
—1968
—r-
.22
A-0
F-A
—1955
23 V4
North
98 Ma
Ohio
84
'•
14%
85
13%
23%
50
13%
26
23 Vi
129
83%
1947
12%
26
26
Edison
92 Ma
17
72%
2
106%
109Ma
99%
101%
114%
116%
117%
Canada
1120% 121%
1998
—
Q-F
1150
M-3
__1970
5s—1953
5s
3M4s
Service
Conv
deb
37 Vi
Jan
Consol
El
Lt
Gas
3%s
series
1
74
68
74%
"105
13
98
97%
97 Vi
96%
97%
J-D
100 Vi
•.
74 Ma
105
89
101
84%
32
837a
84%
1971
_
J-D
110
ser A
Light 5s—
J-D
106 Vi
86
101%
117
24
106% 106%
103
A-0
15
122% 122%
F-A
99 Vi
stamped
109
101%
Florida
Af-8
F-A
General
Power
Pub
Sery
General Rayon
Georgia
G1«'I;
1954
123%
90%
12
103%
Alden
AGobel
Grand
6s
82%
A—
92%
93%
79
241
74
106
91%
~6
106
1
■
5
'
•
102%
,
93%
Stinnes
106 Ma
97
97
J-D
96%
98%
-
103%
98%
102 Ma
101%
66
6s
B
series
Illinois
'i*i-
&
Tst & ref
Inu
ana
1stnen
&
c
A6 VaS
A7S
7s
A
'
(Dec
series
A7s
106
105%
1957
M-S
103%,.
1958
66
101
111%
;
1952-
-
A-0
M -N
Wash
107 M4
West
Penn
94 Mi
104 Ma
West
Penn
91
3
101
112
16
91 Vi
7
—112
5
103
-
96 Vi
80
96
112
115
25
25
F-A
$24
32
18 Ma
.
16 Ma
J-J
$24
19
33
89
54
74%
58%
58%
59 Ma
12
36
J-J
16 Ma
44 Ma
1965 V
125
Af-S
3Visi——.1966
108 Vi
27
108
J-D
4s
1969
1970
——
108 M4
22
$106% 108
Co
Mfg—1
107
G—1
series
Midland Valley
Extended
at
1971
Light 4Vas_.
L 4 Mas
^
A-O
2967
Npw
New
series
A
Gas
5s,
New
deb
Power
New
England Power
Debenture 5%s
New
Orleans Public
AIncome
6s
series
3M4s._
Service—
A
87 M4
87
24
65
87 M»
87
46
65 Ma
8 7 Mi
87
38
F-A
86%
65%
85 Ma
86%
65
F-A
86 3 a
65 Ma
85 Ma
86%
18
64 Ma
26%
27'Ma
10
23 Ma
32
$22 Ml
25%
12 Me
32
22 Ve
22 Mi
13 Ma
25
A-O
J-J
87%
87 Mi
1946
5s
A-0
J-J
108%
ICG % 106%
22
M-N
107%
105% 108%
107% 107%
$116 M4 117%
13
,106
IOIM1IOIM2
9
96 Vi
103%
15
107 Va
109%
1956
..2022
5s
J-J
1979
F-A
.—1968
J
J-J
1952
J-D
1949
4s
5 Mas
series
108%
J-D
1959
96 M4
96 %
23
5
103 M4 104
P-A
F-A
100 V4
100M4100M4
2022
Af-N
109%
109
115
106
18
1952
109%
116
96%
110% 112%
107 % 107%
104
—1944
A—
85
110% 110%
A-0
A-O
111
.108%.103%
96%
Co—
—
6s
87%
-
1960
5s
dabs
1954
Power
Electric
5s
Traction
M-S
1951
J-D
1964
...
3 M28™—
J-D
2030
5s
A-0
.1960
;;
24 Ms
96%
115
109
104 Mi
114% 117%
1
95
100 V*
46
110
06
110
24
J-D
1959..
...
4,..
J-D
J-D
4 Ms
5
108%
109'..
2
108%
110%
102%
110V4
100
F-A
1947
47
.1108% 109M2
1115 Mo 119V'4
4
F-A
1937
24 Ma
108% 108%
108 Ms 10818
108%
110
100
181
85%
85
196%
03%
.>
97
£6%
Nov
r
1949
70Ms
2
11
64
19
86M2
100%
109 Ma
105M4
107
49
1U2%
64
„
103
2
105 Ma
103
63 V4
30%
118V«
100 Ma
84
75
100
73%
l6
96%
5
105%
6
103 y4
108
..
Interest
Period
100
:
Week's Range
Last
or
5
AExternal
A Lima
City
AMaranho
A-0
52
J-J
1955
106%
5
—
—
tll7Vz 118
12%
107
6M2s stamped..
(Peru)
7s
6M28
of
of
Issue
113
AParana
A Rio
28%
>
1
17%
J-J
54
547*
23%
63.
14 V4
44%
60
42
60
35
10
20
11%
20%
1958
M-N
1951
J-D
119
Af-N
.
$32
17 M4
35%
35%
17 Ma
A-0
1931
J-D
1972
1958
M-8
1959
,132
J-D
J-J
13%
(State)
de
Janeiro
ARussian
7s
"
6V2S
Government
A5 V2S
6M2S
..1919
1921
1
112
71
63
47
Ma
77%
15
50 Ma
76%
70Ma
71
54
50
78
7
105
114%
>
109
95%
95%
64
76
%
-97 Ma
96M4
97 V4
98 Ms
82
82 Ma
98M4
102 Ma
106
♦No
r
par value,
a
Deferred deliverv ssle.
20
16 M4
24%
32
,
18%
$55
37%
36
„
.
32
I
18 "a
38
18
59
20%
45
58
33
$31%
22 Va
35%
17
33...
33
33%
J-D
4%
4%
4 Ma
82
2%
9%
J-J
4%
4
4^8
26
2%
9%
d Ex-Interest
e
•
35%
Odd-lot
sale,
n
Under-the-rule
Cash
sale,
x Ex-dividend,
y $8 liquidating dividend paid.
'
"
^Friday's bid and asked prices; no sales being transacted during current week.
A Bonds
being traded flat.
{Reported in receivership.
Abbreviations-used
64%
21%
1947
1927.
Ma
$55
,157
-
M-S
May 1927
Oct
High
117%
71 Ma
..
.
52
46
■
Low
107%
70
.
January 1
No.
$20
F-A
stamped.1958
^
AMortgage. Eank of Chile 6s
Mortgage Bank of Denmark 5s
nn3/4
114
Range Since
Sold
52
$15%
M-N
1952
Bonds
High
151%
J-D
1953
5s
AMedellin
7s
stamped
Mortgage Bank of Bogota 7s___
102%
98
Friday's
Sale Price Bid & Asked
'
27 Ma
1103 Ma 105
.
10
5%s
A
109
3
107
Friday
Fxcbange
Dec.
Danzig Port & Waterways—
109
-95%
-
Curb
Ended
112
*
100 v*
■
J-D
99%
102 Ma
107
107% 107%
105% 105%
105
A-0
BONDS
York
•
70 Ma
M-N
J-D
•
101
112% 112Ma
70
Af-N
1948
'
•—
M-S
.-1954
13
$109 Ma 110
J-D
...1961
5s
;
108
27 Va
J-J
...1950
Assn
106% 107
62
3
•
108% 109 Ma
M-S
.—1947
5s__
England
101
UOOMa 101
J-D
.1948
Conv
101
2
•
Af-N
F-A
...1948
Eng Gas & El Assn 5s_J;
5s
107%
F-A
1978
...2022
Amsterdam
113
108%
110 Ma
105 Vz 105 Ma
J-D
J-J
1943
National Public Service 5s ctfs.
Nebraska Power 4V2S.
6s
64 Ma
85 Ma
Agricultural Mortgage Bank (Col)—
A 20-year
7s
April 1946
A 20-year 7s—....
.Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s
1948
A Issue
__
J-D
...1951
5s
Ltg
A
63%
Af-8
1978
....
1st
107 Ma
108 Ma 108 Ma
1955
River Pow
101
■"•••
Af-N
101
5s™—
Suffolk
106
99Ma
Af-N
Mississippi
-
Af-8
4
...1957
&
98%
J-J
Mississippi P & L 5s__—.—1
Nassmi
N«*w
,
Extended
FA
-
...1963;
Gns
106%
42
107 Ma
...1965
RR—
4% to.
P &
ref
80%
36
86
Low
123
,
~2
1 06%
"106
106
...1943
6M2S
Minnesota
&
87 Ml
85%
106%. 108
108
$106
J-D
1—•— _1947
Milwaukee
1st
87
Newspaper Union—
Danish
:™™,
Petrol
86 V*
62
86%
1946
—
cons
110
/
...1948
4%s_.
Edison 4s
•'108
A-0
19571
conv
Miridlp States
J-J
34/aS———196b
5s
stamped...™
Men gel
107 M»
*
86 %
1950
3%s
&
Week
121
Metropolitan
Light
Power
«
111
&
17
67
122
Radiator
77%
94
J-J
$112Vi 114
6s
76%
35
87%
1121
McCord
77%
35 Ma
17%
89
.—1963
6s—
Pow
96 %
$103% 104 Ma
•
33%
J-J
& Lt
108Ma
35%
j-J
Powp' l& Light 3 Visi.'
Oist
75 Mi
106%
35
16 Ma
Kansas
Pow
52%
38
17
.1957
M-S
ouperioi
106 M4
35
F-A
1957
stamped extended to 1959
IA York Rys Co 5s stpd—
A Stamped 5s
109
Kansas Gas &. Electric'6s—_2022
Louisiana
74%
107 Ma
J-D
6s
1952
Kentucky Utilities 4s
72
109%
103
1966
1957
6s
6s unstamped extended to
.
Lakt
Water
Western
.
80%
105%
1107% 108
J-D
—.—.1957,
Power
1
...
Ry & Elec 4s
108 Ms
92 %
.1955
coup)
6s——
Electric
&
income
104%
91%- 92
105%
Waldorf-Astoria Hotel—
34
103% 104 Ma"
25
16
$105
deposit
A
Debenture
30
$102 V* 103
92
F-A
.1970^
Jersey Cent Pow & Lt 3Vis——
Kansas
&
105 Ma 106
coupon)^——1952
-
.Dec
Utah Power & Light Co-lst lien & gen 4M2s
109
*74%
A-0
A-0
Lt & Rys
(Delaware) 5V2S.1952
Light & Railways (Maine)—
104% 105 Ma
Af-N
J-J
F———_1952
Superpower
Af-S
M-N
8
107
70
97 Mi
100% 105%
100 Ma 104%
103% 105 Ma
103% 106 Va
102% 105%
1103 M» 106
F-A
2022
^
14
103% 103%
..
131
68
85 Va
3
103%
"105%
'F-A
1970
127%
72
1104% 105 M4
$105% 107
103 Ma
98
114
1
Power, 5s.
Debenture
Italian
1951
1989
Service
A
series
Wash
'
A-0
J-D
—.-——1957
(July 1941
6s
.
1—1955
•
E—
series
A7s
79
Industries—
Power
A 5s
1950
—«,
—
1941
of
Light
94Ma
,
110
108%
88 Ma
103
J-J
May 1948
..May 1948
N
1st lien
102
(Aug: 1941. coupon)—
Interstate
A
1
97%
103% 104
A-0
102%
Sec—
C—
156
88
M-S
1970
City Rapid Transit 5MaS
United
91
j—.1963
Power
series
1965
stamped—
Edison
United
93
1949
i-195d,
,5s
138
95%
1951
(Hugo)
Water
111
101
A
Indianapolis 'Gas 5s A——
Indianapolis P & L. 3*As—?
nb'/aS
109 % 109%
3s
Corp—
stamped—j
series
106 Ma
101% 101'/a
;
5s„
8
170
A-0
Electric—
Electric
102Vi
98 Vi
A-0
ref 5s,
International
91
1085/a
A-0
5Vis-'series B—
Service
:
15
105
.—Jan 1949
Light Cor]i—
A—_—•—1953
nydro-Eleu
Indiana
.
&
J-J
J-D
6s series
5m series
ret
106%
140
97
J-J
6s
United
—Jan
;
Power
1st & re!
,
1
A.
ser
&
Electric
Twin
97
44
1958
—1968
L
United
J.J
164Vi
klygTade Food 6s
102%
77
$109% 110 Ma
127% 127 Ma
J-J
100 »/4
57
78
6s__
6s
■
Tide
30%
43
93%
Lt & Pwt 3 Vis
Texas
105
33%
99%
97
-
+93
West
106 Ma
4
97
(Hugo)
2nd
Toledo
J-D
&
4
104 Va
A-0
1957
4s—
& Light
Corp inc 5s
Vi 107%
97
Grocery Store Products————1945
Houston
—
(Calif)—
Power
3d
-,7-4s
-
.
b3
-194
__
Rys
&
Certificates
57r
91%
104 Vi
i—
1101% 102%
M-S
M-S
—1950
39
101% 101%
1108% 109%
Guamanamo
7-4s
107
102 V*
1104
5s
Pow
107%
104
.
A-0
™1947
6s
Texas Powei
97%
j
1103
•
..
104
48
F-A
Power
Standard
124 Vi
J-D
Mountain
„
.* D
3MiS
Gas
Gas
6s_._____
debentures
gold
103
103
L!%
138
—
Af-S
.1970
6s
Debenture
AStarrett
3%.:———1963
Nor
1
93 Mi
107
'■
A-O
1967
5s
stamped
'
'
Stinnes
102% 103%
Gas
6s
103 Va
51
1103 3i 104%
*
P
Debenture
104 Mi
79
stpd.——1950
Great
Conv
,
"87%
^gg
J-D
1978
;
—v-1963
4Vis series A——-1941
Green
112
111
11
.
101%
$92
J-D
1951
(stamped)
123 Vi
"124
105% 105%
7-J
1948
os
West 4s:
Trunk
110%
1109M4 110%
....
108
97 Ma
110
,
6s
99%
"
101
102% 102%
1122
A-0
Cbal'. 4s
(Adolf)
92%;
102%
J-D
J-J
.—.'—1969
ser
Eight
&
Standard
6s
M-S
1954
—
Southwestern
*
/
5s———.1953
Co.
Power
—
A
110
110%
A-0
M-S
1952
4Mas
Edison
California
Counties
131 Vi
141
M-N
——1961
3%s
105
1
1979
Spalding (A G) deb 5s
121
100
99 %
M-S
Power Co 4s ser C———1966
GaMneau
3
100
M-N
J-D
Southwestern Gas & Elec 3M*s
105%
1
1103
M-S
Florida Pow & Lt 5s„
106 M« 106%
100
1971
California
112%
105
3
90
:
M-S
5s——-1952
—r
Af-S
J-J
-H
1951
Pwr
Power
1st mtge 3s—
Southern Indiana
;
99 %
J-D
2030
&
Southern
.'20%
109 V*
7
102% 102 Vi
—1956
Carolina
Southern
-
103 Vi
M-N
RR 5s—;.——1956
South
25
..
109 M4
110 Ms
117
1952
4M2S series D
Sheridan Wyoming Coal
101
109Vi 110
J- J
—;1955
Service 5Vis___
Residential Mtge Bank—
6s-5s
106
106%
.—1949
A
Southern
1117%
39
107
108%
111
116
Jersey-
1st
98 Vi
85
<
Federal Water
Finland
series
Shawinigan Water
99
122
.
El
105Ma
102%
105
$106% 108
116%
J-D
ASchulte Real Estate 6s
Scullin Steel lnc mtge 3s
■
I
98 V*
•'T
District
5
37
29
1964
Harbor Water 4M2S
Joaquin Lt & Pwr 6s B
San
103va
103
10
100% 101%
M-N
(Bait)—
45 Ma
253
97%
96 7%
1949
Packing" 3%s——;
Empire
5Vis
100%
98
1951
1—;
Eastern Gas & Fuel 4s
&
38
103
101%
30 %
9
Queens Borough Gas Si Electric—
46
T
.
100 Vi 101
Gen mtge 4%S——
.—1954
Consolidated Textile 5s stmpd—1953
Continental Gas & El Jis...
——1958
Cuban Tobacco 5s_—■
.1944
Powef
107Mi 111 Ma
IO6M2 109
116%
1959
4s
91
106
100%
-1071/2
106 Ve 106 V8
Colorado-
of New
4
$107
M-N
101 Vi
10
105
96%
Pr., 7s A-
Water Lt &
Service
10
108
38
F-A
1961
Sinking fund deb
Public
46
100.
273
99% 100
A-O
A
Electric
1962
mtge 3M2S
109
104 V4 105 Ma
Co—
4M2s B_
107
105
J-J
,
1972
F
(Can)
110
105
103 Mi 103%
Af-N
107%
13
1102 % 104
J-D
re! mtge 3s ser P—
1969
re! mtge 2%s ser Q———£1978
Consolidated Gas (Bait City)—
Elmira
series
Corp
107%
Safe
100%
N—
lst
100 M4
265
M-S
Pr
Coke
Public Service Co of
'
A-O
1st
Cudahy
37%
M-S
'1st
-
35
M-N
&
Power
104%
85 Ma
25(1
1969
—
&
37% ;
L .5Vis———1952
——_
101%
105 M»
34%
A-O
5s__jr———————1958
5s_
Lt
109%
34
100% 100%
F-A
1966
Debenture
5 VaS
&
107
103 Ma
J-D
....1950
106%
105Ma
J-J
1950
Connecticut
5 Vis
17
104%
--
37%
1927
5s____—.
&
Power
104
54 %
'•
5s
Service' P
13
99% 100'A
M-S
Portland Gas
4M2S
102 V*
102M4
10
1105 Ma 106%
J-J
Debenture
Cities
Elec
115%
8
108
M-N
1970
Philadelphia
108%
104%
J-J
1979
103%
115 %
$102% 1031/a
F-A
& Power 3MiS_1964
112
5
109
A-O
1977
Higf
109
21
104
F-A
1964
1
107% 107%
104 V*
F-A
1955
Low
88%
$104
'
January *
No.
109
87%
a-0
1962
Range Since
Sold
1C3% 103%
88%
Af-N
1948
Bonds
High
1115%
—
,
1956
F-A
Cincinnati St Ry. 5.Vis. A.
——1952
6s series ®;
———
1955
Cities
100
J-D
J-J
Aug 1955
5s
Pennsylvania Water
180
101% 102%
1954
—
'
"•#
ctfs
.
19
102% 103
1953
;
Central States P ft L 5Vis
115%
1104% 109%
103
Af-N
111 El & Gas 33/4S
1964
Central Power & Light 3%s__,
-1969
ACentral States Electric
5s—,.;..—1948
§ A Chicago Rys
115
J -D
Central
t>5Vas
115
A-0
1968
—
:
Power
4s
Philadelphia Rapid Transit
J-D
M-N
1962
Northern
Friday's
1.09
'
—
.1971
Service
121 Mi
tl02
1957
P
2%s__
3s
Public
1st
84%
1960
■.
—
Birmingham Electric 4Vis
Boston
or
109
.
J-J
1968-
3M4s._™
Power & Light 5s
Lexington Jst mtge 3s™:
Penn Central Lt & Pwr 4
Vis
108% 108%
J-D
mtge
Park
14
5
Af-N
1945
Pacific
P.)—
Bethlehem Steel 6s
Bickford's Inc 0Vis
Week's Range
Last
Sale Price Bid & Asked
J-J
13R4
Oklahoma Nat Gas 3%s B
Oklahoma Power & Water 5s
26
23
mtge
Ohio
26
.
Power 1st
1st
79%
7
1964
2004
Continental Utility 5M2S.-_.1948
109
,
46%
23 Ms
21%
MS
warrants™.
C
Period
Ogden Gas 1st 5s
109
127%
106
49
23
22
M-S
—1964
Telephone of Canada—
1st M 5s series B__
series
Interest
10
Y
106%
108%
8
Bell
5s
Friday
Exchange
Dec.
State Elec & Gas 3%s
N Y & Westchester
Ltg 4s
Debenture
5s
108%
'108
108V4
J-J
197T
—
AConv deb 5Vis
Assoc T&'T deb 5 Vis A
Atlantic City-Eiec, 3M4s_.
Avery & Sons
:
1950
T„
_
103%
98 Vi
1949
AConv deb 5s
Curb
Ended
High
105
98
1948
4 VaS—a
A Debenture 5s
York
Week
Co-
4Vis
deb
New
N
104
103% 104%
.
J-J
1953
Elec
Low
108 y4 108'A
104
J-D
-2024
4Mrs
Gas
deb
•A Conv
J- J
3M4S—1970
Appalachian Pow deb 6s
Associated
No.
$106% 106%
M-S
6s
Paper
High
104
J-J
2016
.1961
_
Lt
Appalachian
J- J
—I960
decs.
Amer
Range SincV
January 1
Sold
Low
debs...*
Amer
BONDS
Bonds
Sale Price Bid & Asked
Low
American Gas & Electric Co.—
2%s s I debs!
EXCHANGE
Week's Range
sale,
;
.
.
above—"cod." certificates of deposit; "cons," consolidated; "cum," cumula¬
tive; "conv," convertible; "M." mortgage; "n-v."
non-voting stock; "v t c," voting trust certificates;
"w 1," when issued; "w w," with
warrants; "x w," without warrants.
I
THE COMMERCIAL & FINANCIAL CHRONICLE
2390
Baltimore Stock
Dec. 4 to Dec. 10
Week's
Last
Par
Low
'
18%
Arundel Corporation
———*
Bait Transit Co com v t c————*
'
65
67
1,375
42%
Jun
12%
Jan
67
57%
Jan
6%
Jan
74
15
10
10
2.95
Aug
50
42%
20
Mar
19
1.00 Mar
8
% Aug
9%
Feb
Mar
145
July
35%
Jan
44
Dec
9%
Jan
10% July
125
■'
Guilford
Realty
common—1——1
Co
Merchants
80
V
U S
350
29%
1.00 Mar
1.50
Laboratories
Adams
(J D)
60
Aetna Ball
A
Armour
&
& Tel Co
Co
12%
100
common—
4%
:
Dec
85
50
77
Jan
85
Dec
33%
10
21
Mar
33 %
Dec
38
29%
Jan
40
Oct
611
$8,000
60%
49
34,500
53
55
Mar
:
\
..
Jun
56
Mar
64% Jun
Washer
3%
Aviation Corp (Delaware)——. —3
20
Exchange
Week's
Bendix
Corp common—. ..5
Aviation
Borg
Warner
&
Corp
Range
Sale Price
Stamped
for Week
of Prices
Low
Shares
Co
Low
High
80
17%
127%
Jan
25%
High
Jan
2,122
32%
Jun
913
24
Nov
116
116
5
104
Jan
116
98%
98
99
165
81%
Jan
102
-25
33%
32%
33%
24
—100
66%
66%
68%
516
18%
18%
18%
340
20%
22%
1,585
24%
—
—
common.—
100
$6
pfd
39%
Nov
500
4% Aug
8% Aug
150
4
5%
Jan
Apr
15%
150
13%
Jan
19% July
35%
550
26%
Jan
38% July
19%
Jan
19%
Sept
15% July
150
13
13%
100
11%
3%
300
1%
Jan
21 y4
20%
21%
800
12%
Jan
3%
3%
100
3%
Jan
8%
9%
1,150
5%
Jan
27
50
20%
Jan
19
20
150
89
90%
190
27
20
2,742
lien
Prior
%
I50O
corn-
4
Nov
July
21%
Dec
4%
Jun
10% July
29% Nov
15%
Feb
21
Oct
69%
Jan
93
Nov
ft
.
Jan
|| Mar
Jan
10% July
1% May
;
55%
—-
Jan
July
34% July
62% Jan
69% Aug
Chrysler
Jan
19%
Oct
Cities Service Co common——:
8% Jan
32 ya
4%
—
5%
99%
100
83%
112% 112%
150
113
Oct
Jan
61
July
2
300
13%
Jan
26
15,550
46%
82%
5
-ft Jan
110
45%
5%
46
6
40
55%
54%
5
14
common
250
1,500
13%
1
Corp
700
9ft
107ft109ft
109
preferred——
Preferred
91"4
—
Jan
6%
Oct
Jan
49%
Oct
7% Mar
14%
Jun
83%
Nov
38%
t
65%
Jan
Jan
115
Oct
78%
78%
100
67%
Jan
85
12%
12%
-10
% Jan
4
Apr
Apr
Coleman Lamp & Stove common-
1
2
Jan
8
Jun
Consolidated Biscuit
4%
3%
4%
—
Service
4%
1
4%
4%
13%
—
:
—
—
*
5
—
6%
—10
—
6%
*12
V
•
•„
'
40c
:
14
; 6%
13
40c
1%
Jan
31
2
Jan
80
1%
Jan
175
2%
Jan
55
2%
Jan
55
11%
Jan
175
•
41
164
5
6%
3%
40c
Nov
Jun
8%
Jun
8%
Apr
16% July
9%
Jun
75c
13%
1,950
3%
Jan
18
July
May
42
Oct
1%
1%
53
561/4
103
42
Jan
3iy4
.100
32%
161
191/2
Jan
.100
Eastern Mass Street Ry common.
.100
6%
1st preferred series A——
6%
preferred B———-—__
41/4
.100
.100
115%
Jan
%
Jan
2% May
59% Nov
37% Jun
10
104
51
98
Jan
124
Oct
Nov
48
50%
13
50
Common partic
Cudahy Packing Co 7% cum pfd.
Cunningham Drug Stores
Curtis Lighting Inc common—
&
Co
14
21/4
Jan
—
40
25
Jan
70
6
Jan
24% Sep
Fox
7% Nov
U1/2 July
Fuller
32%
200
27%
Jan
8i/a
177
2%
Jan
341/2 Apr
9% Sep
13
36%
623
31%
Jan
39% Jun
37%
1,572
30%
Jan
40
7%
7%
160
4% Jan
10
15
2%
1%
500
75c
30%
692
28%
21/a
1,885
Feb
Mar
:
Ll
''
29%
Lamson
—5
Corp (Del) common
preferred——!————. .-50
Maine
Central RR
5%' preferred
—.
2%
18
Oct
July
9% May
7% Sept
1 >/2
6
Jun
31
115
30%
Dec
39
Jun
17%
192
14%
Jan
17% Dec
t
c- —1
'%
Mergenthaler Linotype
31/8
25
2%
Jan
175
12%
Jan
%
400
12c
Jan
6% Apr
33
May
1% Apr
47%
117
35%
Jan
50
3%
21
65C
•
47
Narragansett Racing Assn Inc
—1
6%
3%
—5
10%
6%
11%
300
Nash-Kelvinator
479
6% Jan
1%
1%
100
1
!————.—
National Tunnel & Mines—.-I——.
Jan
Nov
England Gas & Elec Assn-r51/2% preferred — ——
North Butte Mining—
——
Old Colony RR
——
Pennsylvania
RR
.50
—
Torrington
Co
(The)
Fruit
United Shoe
25%
70
388
%
12% Mar
263
%
86
Jan
ft Jan
30c
40c
3,385
24c
Jan
35c
196
15c
Jan
27
24%
25%
1,258
1%
356
12%
8%
12
7%
171
19
Jan
23% Jan
66c
8%
July
Oct
14% Jun
2% Mar
19% Nov
110%
Oct
2% Mar
850
1% July
28% May
32% Apr
Jan
1% Mar
425
9% Jan
341
5% Jan
14% Sep
.10% May
113
29% Jan
36
July
26%
245
.26% Dec
37
Feb
13%
-5
———
Co.
34
26%
-5
14
7% Jan
60 % Apr
63% Jan
15
80
75%
Machinery Carp¬
-23
*71%
75%
389-
68%
67
69
522
.25
—
——
-10
Utah Metal & Tunnel
-1
44
Venezuela Holding Corp
-
-
.10
42
21c
25c
95c
10%
J50
44%
39
25C
——l
Waldorf System Inc—
Westinghouse Electric & Mfg.
Wichita River Oil
*
95c
10%
10%
92%
94
8%:
8%
17
541
42% Sep
25% Jan
2,159
20c
Oct
100
80c
Oct
Sep
76% Sep
74
Sep
47
July
46
48C
—
For footnotes see page
2395.
ii
36%
36%
10%
11%
2% Jan
3%
July
6% Nov
200
26%
Jan
42% July
250
6
10
Jan
13%
3,650
24
30
20%
17%
20%
31%
31%
*
Auto———
10
..5
Drive
Manufacturing
-1
common.
,
850
"5
X41%
3%
General Foods
common.
Corp
10.
common
21
3%
Jan
Apr
6% May
Jan
1%
28% July
Jan
Jan
23
6% Feb
8% July
Sep
31
20%
50%
Dec
Apr
1% Feb
50
7% Jan
11% May
275
80% Jan
99% July
100
8% Dec
8%
100
41%
300
3%
3%
1,200
40%
100
41%
51
50
1,350
3%
Jan
14% July
Mar
6%
15
43
Jan
Nov
6%
Jun
14
Jan
16% Nov
37%
Jan
51%
2
Jan
34%
Jan
44% Jatf
4%
Jan
Jun
4% May
44
July
56% July
9 Via May
7%
300
37%
300
25
Jan
13
13
13
50
10
Jan
41% July
13% Oct
19%
_♦
10
capital——
16%
41% Mar
7%
20%
350
17%
Jan
21%
9
9%
350
6
13
13%
350
10
1%
700
—
Illinois Brick Co
2,600
Nov
35%
'
Goodyear Tire & Rubber common—
(H W) common——
& Dk com,
100
5%
30%
37%
Gillette Safety Razor common——
Great Lakes Dr
10%
42%
4%
40 %
common———
Motors
150
10%
16%
5%
General Finance Corp common- ..1
American Transp
100
41%
10%
*
9%'
1%
4%
4%
500
10%
4%
950
Jan
Jan
II Jan
Oct
9% Aug
17
July
2% May
Jan
4% Nov
7% Jan
1%
»
19%
19%
50
Indianapolis Power & Light com.—*
14%
15%
600
commoni——-1
5%
5%
100
70%
70%
50
63
Jan
16% May
23% May
19
July
7
July
78% July
70%
68%
71'
800
67
Jan
74%
17
17
17
50
17
Dec
20
July
13
13
150
9%
Jan
16
July
10
10
10%
150
8%
Jan
12% Jun
4%
6%
700
3%
Jan
5%
Indep Pneumatic Tool v t c
Indiana Steel Products
Inland
Steel Co
capital--——
*
International
Harvester
Iron Fireman
Manufacturing Co v t c_*
Jarvis
(W B)
Co
Joy Manufacturing
common
capital—.—,
Co
10
—100
Illinois Central RR common
•
1
common——1
Drug Co common—.————1
Kellogg Switchboard common—
—*
4%
4%
Kentucky Utilities jr cum preferred—50
6% preferred ——————100
47%
47%
Oct
11% 'Jan
4%
Jan
Jun
5% Nov
Jan
8%
Jun
420
41
Jan
48%
102
102
102
18%
48
6%
5
60
96
Feb
102%
Sep
Oct
150
Libby McNeill & Libby common
Lincoln Printing Co common
$3% preferred —
Deo
"6%
—7
—*
—*
Lindsay Light & Chemical common—*
Lion Oil Refining Co capital——*
16
Marshall
Field
14%
Masonite
Corp common—!———.
5
5
Jan
8%
Nov
Jun
it
1
550
%
Jan
2
July
15%
5%
16
100
9%
Jan
20
Sep
18
5%
Oct
200
2%
Jan
50
5%
5%
18
12%
Jan
21% July
10
Jan
16% July
42% July
13%
14%
1,150
37%
50
6%
6%
500
3%
ya
Feb
6%
Dec
8%
9%
2,950
41/0
4%
Jan
9%
Oct
la
re
100
19%
17%
19%
4%
4%
4%
4%
4%
4%
2%
2%
3,350
10%
10%
10%
500
6%
9
—in¬
—
convertible preferred A—
&
1% July
% Feb
2% Mar
32% Jan
Co—
—
Midland Utilities 6 % prior lien— -100
.100
1% prior lien
—.
Miller
550
1,800
2,450
ft
Mickelberry's Food Prod common-; —1
Middle West Corp capital!—, —5
Common
1%
4%
6%
6%
37%
common—.
Midland -United
1%
4Va
1%
Leath & Co common————*
.
July
3,150
1,100
600
% May
ft Mar
8%
Jan
19
Dec
1%
Feb
11% Sep
2
Jan
11%
I
Jan
8%
Jan
12
July
Feb
45
Nov
33% Jan
50
Sep
Sep
Hart-
Common
stock
,vtc..—p....
$1 prior preferred-———
•
I10
3% July
Monroe Chemical Co-
Preferred
Montgomery Ward & 'Co
National Cylinder Gas common—.
1
National Standard cap stock— -10
42
42
—
common-.
50
36
45%
900
12%
45
12%
200
9%
Jan
300
26%
Jan
44%
.
14% July
38
July
37% July
33
33
cap, —5
North American Car common- -20
BONDS—
Eastern Massachusetts Street
Ry4%s series A
:
.1948
-
100
Apr
33%
L
'
6V8
-1
La Salle Extension Univ common
24%
85c
-
—
preferred
Rubber
19
109%
35c
12%
7%
—...—_,
Drug Inc
37c
,25
Stone & Webster Inc——
Union Twist Drill
,
27
——
Quincy Mining Co
Assn.
%
.100
;
Pacific Mills
2.50
18%
106
23% July
1% Mar
450
Katz
18%
106
Feb
10
;
750
New
New England Tei & Tei—-_—_!— -100
New York New Hav & Hartf RR
-100
17
22
II
16%
21
300
-
1%
7%
35% Apr
30%
I
20
27%
_1
16%
.100
v
2% Nov
100% Aug
7%
July
31
-25
common—;--— .100
Massachusetts Util Associates
2%
Jan
22% July
Jan
5%
6
•
_•
Jan
83
26%
(Peter) Brewing common-
Four-Wheel
Gossard Co
*
5% Aug
14%
100
-15
Gardner Denver Co common
10% Mar
Feb
450
7%
Fairbanks Morse common-——
830
5
2%
19%
27%
—
Elgin National Watch Co.!——
Eversharp Inc common
General
Loew's Boston Theatres
250
July
5% May
91
6%
6%
:
22
(The)*——
Corp
Paper
Electric Household Util Corp
865
35%
———
—
5
27
'
19%
1%
'
—
11%
"l
91/4
13
Gillette Safety Razor Co——
Kennecott Copper
Jan
9% July
34%
34%
Royale Copper———_
Jan
2%
20
2%
*
common'
71/2
1
—
Hathaway Bakeries class A_„.
21%
350
5
'
IV2
.10
Oeere
36% Mar
5,750
4%
90
19%
LOO
General
General Electric
50
24%
4%
.50
.
.25
81/4
Sons Co.——
(Wm)
First National Stores
shrs vtc class
Crane Co common—,.
..
250
.100
———
41
23%
23%
—
;i-i
Consumers Co—
Eddy
5%
Group
Engineers
...1
7% May
113i/2 1151/2
common-—
Association
Public Service
Employers
~25
321/a
5% preferred adjustment
Eastern SS Lines Inc
*41
common—
common-
Edison
Mar
551/4
:_—!
_
Commonwealth
Apr
17%
56%
4%
May
8%
Jan
5%
40
7
Dec
5%
5%
8% May
v
Gas & Fuel Associates-
_
U S
Nov
200
8%
5%
3%
i>
preferred
10
4%
4%
prior preferred——_
6% preferred
et
33%
Sep
Sep
34%
13 %
.„1
.!-!.
Convertible
Central & South West Util
39
3%
Common
United
Apr
3%
•
1%
3%
4 %%
United
9%
18%
18%
10
(A M) common—!,.
3%
4
4%
——25
Mining Co^—__!——
*
Range Co.———
Shawmut
17
Jan
15%
.30
convertible preferred
1%
Copper
:
23
Jan
5%
34%
15%
——
Illinois Pub Serv
Jan
13%
8%
common—— -1
.10
3%
•
100
1st preferred—-
Calumet & Hecla
6%
Jun
16
—1
Chicago Corp common
Convertible
preferred
Chicago Electric Mfg class A pfd
Chicago Flexible Shaft commonChicago Towel Co conv preferred
Oct
'
■
10% class D 1st pfd stamped— —100
Isle
(E L)
Brothers
50
'
————:—100
Boston Personal Prop Trust-
Filene's
July
6% May
250
—5
——-.—.—.—-——
Common
Range Since January 1
28%
26%
class C 1st preferred stamped_100
Eastern
3% Nov
Central Illinois Securities Corp—
155% 157%
50
—
class B
Stamped
Cities
1% Mar
7
2%
Jan
5Va
capital—
pfd—
(E J)
Sons
Piston Ring
Central
158% July
31% Apr
—100
prior preferred
preferred stamped-,.——,—100
class ,A 1st preferred—.—100
Cliff
%
July
Maine RR—
Boston &
1%
Jan
27
111% July
158% July
6% Sep
350
8
34%
"8%
—5
common
14%
8
8
Corp.—.
Berghoff Brewing Corp——-— .-1
-1
Binks Manufacturing Co capital
Bliss & Laughlin Inc common--. -5
Castle & Co
Sales
•
8%
3
1,150
20
14%
Bastian-Blessing Co common——
Belden Manufacturing Co common.. _10
Belmont Radio
5 c/o
compiled from official sales lists
Par
5%
Jan
Jan
Nov
American Sugar Refining——_ —100
7%
5
90%
128%
1,550
29
Apr
13% Aug
18% July
23% May
10
3%
200
Last
6%
4%
100
250
3%
Aug
Friday
Edison
157%
750
Mar
Stock
Boston Elevated Ry
108
157
157%
—5
capital
;
26%
108
1%
Butler
Boston Herald Traveler Corp—
Jan
1%
Burd
Boston
Jan
12%
common.!—... -3
Bruce
—100
11
150
% Jan
Common
pfd.:—100
150
17/4
26%
-25
Brown Fence & Wire class A
Anaconda Copper
12%
17
17
Nov
6%
2% Jan
Brach
Bigelow-Sanford Carpet 6%
Boston & Albany RR——
40% Nov
Jan
150
37%
157%
Jan
2%
500
26
60
—100
6
350
1%
27
5s series A—1975
-—
750
4%
Dec
29%
.■
Tel & Tel
10%
5V4
100
53
American
15
1%
376
4s———1975
STOCKS—
62% Mar
Jan
5 %
170
37%
;■
Jan
10
Asbestos Manufacturing Co com.— ,_j1
84
Dec. 4 to Dec. 10 both inclusive,
51%
20
Corp—
preferred—-—
Tel
50
14%
4%
American Public Service Preferred- 100
American
High
60
10%
Bearing common——.
Products
Class
Low
60
Castings—,.
Allied Laboratories common——
Allied
Range Since January 1
High
14%
common-,-—.
Manufacturing cohi_,
Aluminum
Shares
Athey Truss Wheel capital—i. —4
33%
50
Low
Adams Oil & Gas Co common—
Advanced
Sales
for Week
of Prices
Dec
140
162
Bonds-—
Baltimore Transit Co
Sept
80
60% July
22% Jan
29
% preferred—50
Fidelity & Guar——
50
29
Mount Vernon-Woodbury Mills pfd—100
Seaboard Commercial 5
160
Abbott
Automatfc
Miners Trans--—!—*
&
1.00
80
29%
(Tom) Distillery———25
Moore
1.00
-
—
preferred unstamped—-—100/.
Houston Oil of Texas 6% pfd v t c_25
6%
Pdr
High
Jan
16
Sale Price
STOCKS-
Range Since January 1
56
'6%
145
143
145
1.20
66
6%
—20
455
Week's
L
Last
Low
10
9%
Fidelity & Guar Fire Corp——10
Finance Co of Amer A common——5
Shares
compiled from official sales lists
Range
Friday
for Week
18%
1.101
.
'
•
—1
t c
Deposit Co—
&
•
Dec. 4 to Dec. 10 both inclusive,
Sales
High
18%
Y
Light & Power com.*
Eastern Sugars Assoc com v
Fidelity
-'.1—
—100
——
Cons Gas Electric
Range
of Prices
Sale Price
STOCKS
Preferred, v t c
Chicago Stock Exchange
Exchange
both inclusive, compiled from official sales lists
Friday
Monday, December ,13, 1943'
32%
32%
50
23% Jan
16%
17
550
8% Jan
19%
Northern Illinois Finance common.
10%
10%
200
7%
10% Nov
Noblitt-Sparks Industries Inc
104
104
$1,000
103% Aug
105
May
33
Jan
Sep
Volume
THE COMMERCIAL &
Number 4237
158
2391
FINANCIAL CHRONICLE
OTHER STOCK EXCHANGES
X .X.
,
.
Par
Omnibus
Corp
20 %
...
Jan
23
Jan
8
% May
"
Penn Electric Sfitch class
Gas &
Penn
Electric
A
__i
3%
Circle
&
Poor
Co
(The)
class
Steel
Car
Quaker
Oats
Co
200
.
2%
Feb
Jun
5
17% Mar
Body
Brewing Corp of America
Clark
Controller
14%
Jan
1,000
A
Jan
1
% May
700
23%
Jan
33
May
Cliffs
Corp
56 "A
400
46%
Jan
61% July
Eaton
Manufacturing
30
22
Jan
50
34
Jun
9 %
200
4%
Jan
12%
250
6 %
Jan
13%
Jun
73
77
4io
Jan
92
9
20
.
Faultless
Sangamo
Electric
Schwitzer
South
Bend
Standard
30
10%
100
7%
Jan
14
86%
600
59%
Jan
&
Co
Oct
90%
3%
3%
B
F
—
&
Jan
22% July
59
Jan
71
10%
Jan
18% July
15%
Feb
20
10%
21%
Halle
_J——
Jan
Lamson
&
Medusa
Portland
Metropolitan
27%
Sep
National
Acme
Jun
National
Refining, new
400
20
July
300
3
>Jan
42
Jan
7.
50%
July
3
200
x
1%
Jan
28 %
Jan
38% July
Jan
14%
33%
900
11%
150
7
Jun
Packer
—'
Richman
;
18% Mar
22%
Jan
27% July
Thompson
250
27%
Nov
35%
Van
14%
Jan
Apr
Products
Dorn
8%
Feb
15
July
West
8
Jan
14 %
Sept
White
11%' 11%
100
12%
12%
50
77
78%
250
76%
NOV
86 %
23%
23 %
100
16%
Jan
32% July
50%
51%
2,000
47%
Jan
59% July
3%
3%
3%
1,100
Jan
4% May
11%
2
26%
20%
Jan
23
100
18%
Jan
26
95
80"%
12
~8%
0
8%
Corp
_• ■■■'•
com
50
;V:
i
;
Inc
(The)
56%
150
'•
5% ;X
5%
Iron
Jan
54%
Nov
5%
Dec
Drug
Jan
30%
1,150
6%
6%
r 200
6
15
15%
600
10%
11%
2,500
15%
15%
15%
23%
24%
38%
38%
15%
15%
900
9%
2,250
17%
850
_• T "1
'X
15%
common
9
9%
common
•? 17%
65
15%
1,600
....
9%
24
X
Addressograph-Multigraph
__
20
30
26%
Jan
9%
Jan
Jan
14
Jan
24%
f
40
Jan
13%
40% ;X,
60 %
%,
-
25%
50
46%
Jan
*
commoni__'i!
al9%.al9%
■'
«„100
-■
common.—
Low
20%
22
Vb
%
28 % July
%
May
20
.
High
Jan
110
.'■.%
Jan
%
20
8%
99
6
91
108
11
6
70
lllllS
Crank—
50
Telephone-.-—__—_
a36 % a38%
145
a
15% al5%
120
a
17%
Republic Steel
u
s
—•
j
2%
■
-v
7%
•.
7
«
17
15%
:
5
Drug
::::io
—
Detroit Stock
-j.'
■
'
Telephone: Randolph 5530
Detroit Stock Exchange
Friday
Last
Sale Price
STOCKS—
Par
McLaren
&
t_
Motors
Edison
Vs
6%
a
11%
-12 %c
3%
___.
11%
Dec
6%
;
,
2%
-
—
2%
I '
20
4
10%
'
!
itm
J
6%
8%
50%
6%
•>2%. Feb
Standard
4% July
Rrnn/K
Timken Roller Bearing.
For footnotes
10
see
page 2395.
Apr
9
May
4 Vb
Jan
22%
22%
108
20%
Nov
17%
200
13% Mar
17%
Dec
2%
2%
200
1%'Mar
2%
Nov
4%
4%
801
3%
Jan
6%
Jun
common—.
50%
2,556
44. %
Jan
1%
common—
50%
10
1
—1
200
6%
6%
50
27% Mar
56
July
2%
2%
Jan
3% May
1%
1%.
1,465
83c
Jan
2% May
1.00
1,000
53c
Mar
5%
200
•4%
98c
250
Grand Valley Brewing
common—1
5%
—5
Hall Lamp common.—
t
Jan
1.00
Dec
6% July
July
Jun
19%
19%
100
14 %
Jan
20
12%
13%
225
9%
Jan
16%
251
7%
8%
261
4%
Jan
11% July
Jan
60
Jan
•:
7
•
10
■
17%
5
"
.
7
7
146
:■
5
-..
9%
74% July
7
Apr
23% July
May
Jan
2%
.
Jan
7%
30
100
' 7,.X
Jan
5
class B—
Houdaille-Hershey
10
2
XX
28%
%
.
20
50
s35
2% V
—1
Jan
Michigan
Dec
Mid-West Abrasive
May
,
Sugar
Motor
Products
Wheel
24%
Feb
32%
Oct
665.
48% Jan
58
Sep
Parker Rust
17
25
Oct
Parker-Wolverine
Peninsular Metal Products
15
'
.
Jan
"V/2
1% Jan
4
Jun
345
2%
Jan
4% Dec
100
51c
1% July
1
Jan
17c
500
13c
Jan
71c
200
62c
Jan
1% May
1% Nov
2% Mar
1%
420
1%
28c
Apr
1%
600
14%
14%
200
10%
Jan
16%
15%
5
Jun
'
1%
common
common
1%
2%
J50c
common—.
335
X
20
4
common——
78
-
200
4%
17c
—1
30
;Jan
Apr
2%
51c
70c
Products common._
Masco Screw
2
Feb..:'.
83c
2%
4%
51c
2%
Dec
13% May
16% Jan
57
15%
100
11%
Jan
18%
525
2%
Jan
5
May
32
May
1%
Jun
Apr
Dec
330.
2%
Jan
4%
Oct
10%
66
2%
Jan
10%
Packard
8%
235
3
Jan
51
"38
Jan
30%
18%
2%
common—
3%
30
_____*
common_—
Proof
3%
—*
Motor Car common
Davis
18%
•
464
28
Jan
100
16
Jan
18% July
Jan
10
9
9
100
1%
common——
1%
500
5%
Jan
76c
May
1% July
Dec
\
7
51
6%
10
-7
Oct
54
Nov
'
7
4%
11%
12%
394
10%
14
225
10%
50
Apr
May
•
Hudson Motor Car common————*
Hurd Lock & Manufacturing com—-,-1
Kingston Products common
1
LaSalle Wines common—
2
Jan
6
% Dec
4%
409
50%
225
2
Jan
16 V4
Jan
15% Aug
Jan
5%
common—1
2
*
Scotten-Dillon common
—
10
Sheller Manufacturing common
_1
Simplicity Pattern common——.—1
(H
W)
common
—
River Raisin Paper common
44%
Jan
.
common———1
July
Jun
28 %
—
4%
17
—3
Brewing common——
Tivoli Brewery common.—.
Udylite common
United Shirt Dist common.
Motors—
Jan
Bearing common——10
13%
4
Jan
15
Apr
1%
Hoover Ball &
12%
4%
2
100
16
5
22% July
Jun
13%
-25
__
Jan
17%
5
*
Wood Industries common
Standard Tube class B
_
Jan
70c
Jun
Unlisted-
Fuel—
16
17%
550
3%
3
16
100
,7% May
—5
1
common—
Federal
Rickel
8%
Illlio;,
Rolling Mill-
4,365
86c
Jan
Nov
56%
Printing—
Gas
19%
86c
Jan
3
9
32
10%
j,
19%
4%
103
55%
4
"
—————
Preferred
19%
5
1
5
Eureka Vacuum common.
Parke,
Class B———
5,525
Jun
83% July
Jan
31%
■
448
4%
V Jan
Apr
July
4
Jun
56
A
68
Jan
75c
125
80
80
9%
900
3%
7%
32
——-
Procter & Gamble
15%
High
81%
31
28
Jan
793
12
5
Goebel
Jan
1%
4%
General
Nov
7% May
Jan
LOW
4%
Dec
4
Jan
1%
4%
Nov
5
4Va
120
4%
Detroit Steel Corp common—
Motors
100
1
110
-
X
common__10
20
Gar
Jan
Range Since January 1
1%
Iron common
Detroit-Michigan Stove common
Corp
Shaies
High
1%
Gray
Ex-Cell-0
for Week
Range
6
common
common
Sales
Week's
of Prices
—IIIl
5
Nav
compiled from official sales lists
Low
—
common
Cleveland
Motor
General
DETROIT
Ford Building
.
6
Mar
1%
462
11%
2
28
&
Chicago Stock Exchange
Exchange ;
181
30%
Gibson Art
Ice
New York Curb Associate
Exchange
521
10%.
-XX-"V^
Investment
American
130
164
Members
New York Stock
McClanahan Oil common——
'
-'
*
Formica Insulation
Columbia
16%
Watling, Lerchen & Co.
Jun
'
City
a
a51%
50
72%
-
72
•
———
Bank
17%
7%
101% 102%
.i
———
.
Western
a
50
a
al6%
——*
common
steel—
Nov
..
'
-
S.
25
17% al8
*
!_
common
10
2%
,
25
4
2%
2%
102
Cincinnati
U.
50
205
Industrial Rayon common——.
*
York Central RR common——*
Ohio Oil
Mogul common—^
Frankenmuth Brewing common
Jan
Sep
Dec
2% Dec
200
11%
4
50 i
Rapid
a 38%
a37%
New
Detroit
2%
:
11%
^
class
Sep
Dec
40
a38% a38 %
10
a
Detroit
Range Since January 1
6
Cincinnati Street
Randall
a
*
Co
Detroit
Shares
108
if
—;
—
May
9%
90
50
19%
Glidden
Continental
for Week
2%
7%
...
Cincinnati Gas & Electric preferred_100
Kroger
20
50
Sep
Sales ?X
25
'
2%
■
••
___—
——
Mar
a37% a37%
a
a35% a37 %
Graham-Paige
Hatfield
Jan
60 Vs
*
Chrysler Corp common.:
High
2%
Cincinnati Advertising Prod__—
Founders
Jan
7
10
,
*
Jun
official sales lists
of Prices
'
•
_______
Eagle-Picher
9%
175
90
90
Sep
13%
:
5%, Jan
1,050
Range
;i
Participating preferred
Dow
8%
29% Dec
Sep
46?4
24%
«
—
150
14%
8%
15
20% July
100
Low
IIHI7
Burger Brewing
25
a30
12 % May
;
350
Week's
20
Laundry Machine
preferred
Baldwin.
152
a38% a38 %
19% May
5
50
40%
x.
Par
American Products
Crystal Tissue
34% July
July
July
54
Sale Price
'I'""
Crosley .Corp
15
19%
May
Jan
12%
25
.10
common
^
Ball
Jan
Feb
General Electric common
May
.
10% Jan
+''■
29%
Last
Cincinnati
11%
23%
Apr
15%
■«
28%
29%
._1
STOCKS—
Churngold
Sep
July
2% May
175
common
Cleveland Graphite Bronze
Jun
Jan
54
.7
Friday
.
13
'
Cincinnati Stock Exchange
j<: Preferred
Jan
923
a30
Apr
15
'6%
900
-
Dec. 4 to Dec, 10 both inclusive, compiled from
;
Apr
8
14
—100
Adding Machine—
Burry Biscuit common..
Prior
Jan
1
100
31
14%
Burroughs
American
3 %
483
14
Dec. 4 to Dec. 10 both inclusive,
Corp common
•'
142
2
12
July
69
Dec
15
11%
*
:
Dec
11
Unlisted—
Brown,
'
11%
*
Baldwin Rubber common
V
21
31
50
31%. Ap^
X
Jan
23%
Standard Oil of New Jersey capital-
•
Feb
13%
14
*
Motor
9 % May
37%
15%
common
Co
3%
.
preferred—
Standard Brands—
U, S. Rubber
Jun
1%
25
1
Inc
Stores
Res Inv Corp
39% July
X
700
?6%
Republic Steel Corp common
Studebaker
Jan
2%
31
Works—
Jun
Jan
Nov
45%
-
35%
"
11%
6Va
24%
250
1,800
.
500
5%
common
capital
Co
Sep
7% May
X 55%
--
York Central RR capital
New
Jan
18% Mar
14%
37% July
_5
Radio Corp of America
70%
Jan
-1
Co common—
Corp
Pictures
Jan
Jan
_•
Interlake Iron Corp common
L)
58%
Oct
4%
56
X
..1
-
Co
J
34
53
common
i
Oct
19%
9%
25%
Oil
7
Jan
4
100
\
.
.
San
Mining
Curtlss-Wright
8%
300
24%
Stocks—
Radiator & St
13
1,050
5%
5%
98% July
Jan
Jan
•
50
24%
_•
common
Jan
5%
150
1,050
66
66
July
July
5%
300
8%
8
Atchison Topeka & Santa Fe com—1 00
Pure
July
Jun
28
11%
95
50
_»
common...
400
93
Il'X'
26%
23
26%
32
Pullman
Apr
15
266
5%
16
10%
Youngstown Sheet & Tube
78%
5%
Paramount
25
Jan
223
—*
Standard Oil of Ohio
1,750
33%
New
Jan
9%
3%
-
—
1,050
x
(Glenn
18%
al3%
*
Bros.
17%
common
Corp
Nash-Kelvinator
16
4
16
1
—
Patterson-Sargent
27%
Yates-American Machine capital—'- -5 >
Martin
Feb
1,535
12
31%
51%
Inc
Electric
35%
3%
——
16%
♦.
General
Jan
11%
Corp
28%
Co capital
Steel
30%
21
11
___*
_
_15
capital
Bankshares
Bethlehem
170
19% a20%
5%
—_
26 %
common—— _25
Copper
Oct
Dec
21
16
Cement—
16%
Westinghouse Elec & Mfg common.
Unlisted
Apr
15
43
34%
11
Paving Brick
27%
■■'
American
46%
Feb
57
33%
Firestone Tire & Rubber common
Anaconda
50% July
Jan
9
Apr
8 %
Apr
.
43 %
35%
43
a
40
Mar
140
Sessions—
31%
common
Radio
10
125
,'14
21
,_25
Ill
Zenith
45%
...
43
& Laughlin
Kelly Island Lime & Tr—
July
11%
c
Wisconsin
45
45
Jones
13 %
31%
33%
25
capita]
_♦
Wieboldt Stores
23
45
— ______
34% May
Mar
3
80
2
Steamship
Machine
Sep
4%
105
a39% a40%
II—100
Jun
48
2
—0
Wayne Pump
Juti
105
a35% a37
—100
Preferred
Jaeger
:X
14
Jan
5%
47
May
100
19%
18% al9%
a
Bros common
10
22
5%
47
Apr
50
a40
19%
.25
Rubber——
29%
1,000
30
10%
—2:'(
S -Steel
*
Tire
Weinberger
U
13
361
1,501
Lakes Towing—
Greif Bros Cooperage class A*
National Tile
capita]
(J R)
200
13%
'*
International
Thompson
19
63%
13%
*
1,400
3%
33%. 34
10%
—1-1
.
Indiana
ol
Apr
24%
Jan
19
100
21%
10%
—
____
Oil
19
62
13%
Rubber
Goodyear
19% May
Jan
14
86
Stewart Warner Corp common
-j—5
Sundstrand Machine Tool common-—5
Swift
18%
3%
Dredge—
Common
Swift
Jan
100
86%
capital——5.
—3
Stockyards capital--*'
St Louis National
Standard
1%
14% July
Jan
3%
2114
Works
Lathe
Mar
10%
*
Sep
62%
a40
Interlake
Sears-Roebuck & Co capital
.—•
Serrick Corp class B common—:
rl
Spiegel Inc. common
2%
18 %
Signode Steel Strap Co preferred—30
__
70
100
11
,
3%
common——*.
capital
_;1
Sinclair Oil Corp
.
11
Co
Cummins
15
150
l
preferred^-
Great
Raytheon Manufacturing common—50c
6% preferred
—--5
Reliance Manufacturing Co common.lO
High
Jan
_*
__
Iron
common
General Tire & Rubber Co..—_
Goodrich
•
common
13% a 13%
6%
10
—.—5
—
Cliffs
100
9%
Jun
10%
Cleveland
Low
9%
a42% a42%
9%
3
a
25%
10%
-1
___5
City Ice & Fuel—
30
30
Co.:.
common
i
25% NOV
Jan
Range Since January 1
High
'
Coach &
55%
B
Pressed
14%
Shares
of Prices
Low
sates lists
Sales
.
for Week
Range
Sale Price
Par
,
25%.
25 %
—50
Peoples Gas Light & Coke capital- .100
Perfect
3 %
,
50
,
xx
0 '
;
STOCKS-
X'
17% -17'/a
%,.• %
-10
A—
common
capital
Rtt
Pennsylvania
25
25
Co class B common. —5
Peabody Coal
Last
American
(The) common—— -10
Parker Pen Co
Week's
Friday
Oct
4%
inclusive, compiled from official
16% Oct
9
90
350
7%
Jan
10%
100
21
6%
7%
6
common—
15%
Dec. 4 to Dec. 10 both
High
Low
High
15%
Northwest Bancorp common
—*
North West Utilities 7% preferred-100
Ranze Since January 1
Shares
of Prices
Low
Cleveland Stock Exchange
for Week
Range
Last
;v';V vX
Sales
Week's
Friday
Sale Frice
STOCKS-
29%
258
25
Sep
55% July
29% Nov
45%
45%
156
41%
Jan
49% July
Aircraft
common—
2%
3
2%
10%
500
2%
1,010
1%
840
10%
3% Nov
Jun
Jan
3%
Dec
14%
Apr
4%
Jun
3%
950
2%
Jan
2%
2%
200
1%
Jan
2% July
1%
1%
545
1% Jan
2% May
2,100
1%
2%
2%
2%
2%
2%-
4%
4%
5
5
1
1
530
4
Jan
•
3%
—1
*
1
2V8
3%
11
——1
class B—.
Wayne Screw Products common
Warner
&
Co
Walker
3%
3%
3%
100
Jan
2% Feb
1,100
Jan
4%
300
2
Jan
5
220
Nov
3% May
3
Dec
Dec
1% Mar
5
Mar
'
CHRONICLE
THE COMMERCIAL & FINANCIAL
2392
Monday, December 13, 1943
OTHER STOCK EXCHANGES
inclusive, compiled from official sales
Corp
Bros
5%%
——*
common
50
preferred
1
2
—1
Consolidated-
Barnhart-Morrow
Blue Diamond Corp.-
Oil Corp
Chica
Bolsa
a—
'
—
"
Chrysler
Corp
Preferred
—
America
of
Creameries
—
Corp,.—
Tire
Goodyear
Oil
Honolulu
A
Oil Corp
Co
common
Hudson Motor Car Co
-—_—!
Lockheed Aircraft Corp
.
Electric
&
Gas
common
preferred—
1st
Pacific
Indemnity Co__
Pacific
Lighting Corp
—;
common—
Republic Petroleum Co common
5%% preferred
L,
Richfield Oil Corp common
.—•
:
Oil
Corp—
Oil
Sunray
of
Oil
Union
3%
a43%
3 :
43%
a26%
170
—
23 %
35%
—
333
637
23%
35%
1,355
2,126
5%
47
1,443
2,820
490
170
10
10*
17%
17%
17%
*
Mining Co
10
Mining Co__10c
Gold
Zenda
Mining
—
—
——
__
American Smelting
Tel
_•
(111)
Aviation
„
26%
__
5
__
V
15
__
Canadian Pacific Ry——
5
—25
Caterpillar Tractor Co
:
Columbia,Gas & Electric Corp
——*
*
Commercial Solvents Corp-—
*
al2%
Corp—
Commonwealth
&
Aircraft
Vultee
Consol
Oil
Continental
Zellerbach
Crown
(Del)-—
Co
Corp
5
-
1
Class A
General
Foods
Light Corp—
Electric
General
*
Co
Copper Corp
7
Inc
Montgomery Ward & Co Inc
New
Central
York
North
American
354
5
30%
100
50
15%
5%
10
407
15%
190
Motor
Co
Car
Paramount Pictures
Inc—
Radio
Roebuck
Sears,
_15
_*
Socony-Vacuum Oil Co__
Co
Southern Ry
Standard
Brands
Standard
Oil
Standard
Oil
Studebaker
Swift
&
-
Coro
Texas
Corp (The)
Texas
Gulf
25
Sulphur
Co—
Union
Pacific Railroad
United
Air
United
Aircraft
Lines
5
Transport
Corp
15%
9%
24
25%
21
38%
45
37
16
9%
26
87
12
20
29%
17
6
32%
155
137
54V2
13%
26%
47%
38%
a77%
a92%
a24V2
—
a25%
845
78
<
see
page
2395.
5%
-
1'
1% July
2% Aug
%
31 Va
32%
614
17%
Jan
35%
Sep
2 Va
2%
8,655
1 Va
Jun
2%
Jun
15
15%
101
12%
Feb
Vi 16%
Oct
22%
22%
25
20 Va
Aug
25 Va
Oct
.
.
3"
323
1
%
1
1,510
2% May
Jan
15%
-—10
20
—
inclusive, compiled from official sales lists
Week's
24%
High
Low
18%
20
24%
9%
Jan
31%
10% July
11% Jun
8%
Feb
312
6
Jan
50
10
96
9%
8 '
Jun
'
12
15
14%
5%
Jun
240
14%'
14%
Nov
17% May
803
15
14%
17% July
Jan
Jan
2
204
4%
3%
14%
5
"
12
12
4%
—10
——
__——
Range Since January 1
Shares
High
7%
7%
*
Oil
for Week
Low
common—
——*
& Electric common
•
Gas
Sales
Range
of Prices
Sale Price
8%
Jan
14%
Nov
Pitt Brewing
Corp
—
'
50c
Renner
San
Co
55 V;
—*
Westinghouse Air Brake
91%
18 %
Nov
9%
5%
Jan
8
July
Jan
95c
Mar
25c
July
Jun
10
1%
Feb
2
Apr
100
37%
Feb
55
Dec
1%
Feb
2
Dec
92%
344
84%
Jan
98%
4%
225
4%
Dec
6%
2
4%
—
65c
•
65c
2C
25c
201
1,000
Oct
Apr
90c
Aug
3c
Jan
Oct
lc
Jan
6%
6%
14
5%
Nov
9% May
20%
21%
282
15%
Jan
24% May
2c
—1
—1
•
—
Springs
Steel
92%
1
Toy Mining
Standard
Dec
Jan
8
200
1%
55 •••:
2
—25
——
—
500
;
'
Pittsburgh Coal Co preferred———100
Pittsburgh Oil & Gas
;
%—5
Pittsburgh Plate Glass
Pittsburgh Screw & Bolt Corp
370
1%
—*
Federal Corp common..
7
50c
6%
'
4
Jan
13%
835
8
8
10
—*
Fuel Supply
1%
125
8%
4
15%
—*
10
Fireproofing
928
15%
3%
1
—
Refractories
Gas
Star
21%
t
St. Louis Listed and Unlisted Securities
Edward D. Jones & Co.
Established
•
8%
48 Vs
20%
14
5
277e
23%
35%
19"%
SI. Louis Stock
Apr
Jun
Dec. 4 to Dec. 10 both Inclusive,
July
Apr
Sale Price
STOCKS—
>;'
July
May
Investors 5%
American
Jun
Aug
Coca-Cola
Nov
Dr
July
Falstaff
Brew
%
Range
Range Since
Shares
Low
High
45
Sales
for Week
23%
6
23%
75
40
Jan
January 1
High
46
Nov
452
5%
Apr
7'/a
Jan
40
15%
Jan
24%
Nov
Jan
26 Va
—
Sep
23
23
23
150
17%
17%
17%
100
12 Va
Jan
21
17%
July
11%
11%
100
7%
Jan
13
Nov
28
28
35
Jan
28 Va
6
1
*
Bottling common
Pepper common
Week's
of Prices
6
„1
1
common
Exchange
45
50
preferred
;
6
100
5%
Oct
7% July
8%
8%
273
7%
Jan
9%
1
common
Griesedieck-Western
Brewing
com—-*
Hussmann-Ligonier common
5
Huttig S & D common
29% Apr
29% Nov
8%
17
20c
Jan
30c
100
Preferred
~6
30c
2
6
6
4
3%
Jan
35%
36
577
28%
Jan
10
Hydraulic Pressed Brick common—100
10
36% July
60
Sep
13%
Aug
International Shoe
Dec
26 %
50 %
Aug
84 %
Johnson-S-S Shoe
,
_*
common
common.
Laclede Steel
29
Sep
May
Sep
59
*
205
15 %
70
9
May
5
Jan
5%
20
common
McQuay-Norris common
—
.
100
5%
*
15 %
25
Laclede-Christy Clay Prod common
Landis Machine common
Mar
35%
11
11
10
9
40%
40 %
25
38
15%
July
15% July
48% Oct
82
Jan
8%
Jun
40%
Jun
Missouri
Portland
National Candy
Rice-Stix
Cement
•
*
common—25
*
Dry Goods common-—-—*
common
15
common
7%
Apr
Oct
38% July
10
7%
Dec
Apr
Mar
Jan
12
July
Jan
45% July
14 Va
14%
15 Va
395
12%
Jan
16% Aug
35
35%
255
14 Va
Jan
40
35
10
975
6%
Jan
10
Sep
Jun
Oct
9%
9%
St. Louis Public Service common A—_1
Wagner Electric
70c
Nov
Dec
18
Dec
Apr
__
81% Oct
Mar
SL693
compiled from official sales lists
Low
Par
•
Common
Burkart Manufacturing
Nov
45
305
Last
Julv
39 %
6%
Friday
Apr
15
18% Jan
24% Nov
36V4
Bell Teletype
Mar
87
10
105
5%
Postal Long Distance
Chicago Board of Trade
Chicago Stock Exch.
Associate Member Chicago Mercantile Exchange
New York Curb Exchange Associate
20% July
24%,'
26Ve
a35%
CEntral .7600
St. Louis Stock Exchange
12% May
42% Jan
Jan
7% Jan
Aug
Jan
Jan
Phone
New York Stock Exchange
2% May
190
96
10
50
35%
82
2%
36
Missouri
Members
Oct
47%
34
77%
92%
56
5
210
1922
North 4th St., St. Louis 2,
300
16% May
48
__
Feb
Feb
U Jan
\
31%
Co
(AM)
July
42
5% Jan
24'A Feb
25
1
%
fs Jan
193
.
1%
1%
393a July
28% Feb
47% Jan
120
10
%
*
Coal
May
39
29% Nov
51%
50
202
%
%:
:
distribution
Inc
Penn
31% Apr
44%
92%
—
55%
2%
common
17% Nov
24
Jan
20% Nov
33% Aug
20
255
1,150
,11%
Co
Jun
1%
—
preferred
Gas Improvement—
18% July
a44%
a92%
Mfe
Nov
Oct
21
a50
all%
footnotes
Corp
26%
1
—
Apr
Jan
2% Jan
15% Jan
Western Union Telegraph Co—-100
&
14%
common.—25
25
——— *
Corp
July
12
United States Steel Corp——
Pictures Inc
—5
-
For
Mining
Investment
.
7 Va May
IOV2 Jan
33
Elec
146
Oct
Oct
8% Nov
65
Westinghouse
15 Va
Feb
Apr
IOV2 Jan
40V2
Willys-Overland Motors Inc_
Woolworth Company (F W)_.
14%
11 Va
1 % May
12% Jun
5
Jan.
14% Jan
59% Jan
10% Jan
16% Jan
8
—
26 %
Jun
36% Feb
525
139
441
194
12%
Warner Bros
Jan
63 Va Mar
Apr
5
210
a40V2
10
34% July
13%
15% July
460
—
U S Rubber Co__—
30 % May
222
Sep
1,230
150
a26%
—5
223
23
43%
11% May
Apr
1,129
V
-
69
54
25
9%
—
Company—100
33%
Jan
63% July
145
212
17%
a53%
„
33%
48%
Lone
Apr
29% Dec
5% Jan
30%
6V2
15%
—...
*
•
Union Carbide & Carbon Corp..
120% Aug
9
Duquesne Brewing
July
July
35
670
13%
—
26% Aug
Jan
56 Va
Columbia
Jun
36
a31%
„
;
Apr
114%
55%
Byers
July
25% Dec
6% Jan
a28%
—
25
-
6%
.
Jan
8%
__
1
Co
27
Dec
16%
a83%
11%
20
—
25
25
(Indiana)
Company
(N J)
Co
6
313
285
3%
al5%
—'
*
Inc
2
35
175
a35%
—
23%
40
*
Blaw-Knox
64 % July
25%
12%
17%
__
*
Co„;
&
.
16
25%
20%
-17%
♦
2,668
20%
23
Allegheny Ludlum Steel——.——*
Arkansas Natural Gas Co preferred.100
Jan
35% Jan
36 % Apr
1
Feb
3%
__
*
Corp..
24%
117%
24%
116
*
Jun
31% Jan
al6%
__
*
Corp of America
Republic Steel
31%
5% Dec
15
28
a!6
25
Pure Oil Co
11%
95
175
300
16
—
»
Oct
24%
117%
Par
43% July
320
45%
8%
a24
50
Pullman Incorporated
4%
15%
1
,
Pennsylvania Railroad Co.
Phelps Dodge Corporation
21%
30'/a Mar
Fort
40%
41%
lVs
57%
3%
*
Apr
Dec
Harbison Walker
37
45%'
„
16%
Jan
STOCKS—
156% July
29% Feb
15% Nov
15%
__
3,466
Jan
Mountain
4% Jan
—
*
—■
21%
Last
July
33% Nov
55% Nov
15 % Sep
10%
5
■'
*
Co
Ohio Oil Co—
Packard
•
1
Inc.
20%
36%
Sep
4c
26%
a56%
*
RR
American Aviation,
Apr
20%
Sep
20 Va
a29%
6%
0
—
Sep
32%
143
Apr
lc
% Jan
10
Nov
11%
6%
5%
Jan
38%
7c
22% Jan
36%
•
Libby, McNeill & Libby
Jan
23%
594
6
36%
2c
130
12%
*
3%
1,707
Friday
Oct
730
25%
North
7
24%
ti
__
;
2,538
25%
5%
Pittsburgh Slock Exchange
July
2
Jan
9% Jan
„
*
_
International Tel & Tel——•
Loew's
13
305
275
—
Co
Jun
Jan
4%
24%
Sep
1
(B F)
7%
2%
4%
25%
Dec
International Nickel Co of Canada—*
Graham-Paige Motors Corp
*
4%
6
Jan
Dec. 4 to Dec. 10 both
20% July
29%
a4%
—*
8Va Mar
2%
Westmoreland
22% Julv
35
__
•
Corp
9% May
4%
Sep
150
210
125
a 14%
—
Jan
Jan
22%
Westmoreland
May
29% Feb
6% Jan
42 % Nov
a40%
a40%
1%
Kennecott
10
28% Aug
10%
__
1
—
Power &
Goodrich
6 %
10
"
__
Sept
4%
3%
26'/a
39% May
110
50
140
1
5
-
Curtiss-Wrieht Corp
Electric
„
14
Jan
565
202
1
Ex-stock
19% May
al5%
5%'.
-_
5%
100
8 Va
4 Va
40
Devonian
a30
1
11%
7%
4
184
30 % May
28%
__
1
Corp
Continental Motors Corp
11%
Sep
a24%
—
56»/a July
32% Aug
32
35
7%
44%
4%
14%
—
*
Southern Corp—
Jan
9%
Sep
35
a7%
43 %
4%
14%
v
a43%
4'%
25
Co,
Edison
Commonwealth
——
44
26%
Sep
a28%
__
Co
Borg-Warner
35%..
56%
13%
35%
56%
'35%
»
Boeing Airplane Co
Borden
9
44%
38 V8
735
723
31%
Corp——.—<.
4% July
Jan
Jan
Jan
Nov
21 Va Feb
3%/ Nov *
50%
May
12% Feb
18%
—
-5
Corp__
Bethlehem Steel Corp
9%
37%
157%
49%
Jun
6% Jan
39% Aug
131 Va Feb
24% Nov
3% Jan
48
Jan
24%
4%
55%
26 %
3%
al56
Sep
50%
*
1
—
Oil
25 % July
2c
325
215
472
615
20
53
200
175
18%
__
—
Bendix
2,000
2,000
24%
a4%
a54%
25 %
3%
__
50
5
Atchison, Topeka & Santa Fe Ry__100
Atlantic Refining Co
-25
Aviation Corp
3
Baldwin Locomotive Works vtc
13
Co
&
lc
3c
8%
a37%
„
*
—100
& Refining Co
& Tel Co
Anaconda Copper Mining Co
Armour
.
Jan
Feb
%c July
lc Sep
3c Apr
2,000
3,100
Sep
43
9%
National
& Std Sani Corp
Amer Rad
__
Sep-
Stocks—-
Unlisted
American
Co
Mining
5%
5c
lc
a5%
5c
lc
lc
3c
5c
Cons
Co———1
Imperial Development Co Ltd
25c
Gold
6%
15%
8%
17
'
20 %
3%
45%
Jan
40% Nov
13
July
1% Jan
8%
Jan
31%
$3
5% Mar
16
Jan
28% Jan
-
16%
33%
United
11% July
Jan
Jan
Jan
198
25%
United
46% July
3c
Apr
330
50
50
50
Preferred
Sep
27
7% May
42
—50
;
preferred
preferred
Tonopah
Jun
50
85 Va Juiy
Jan
8
Corp
Dome
Transit
July
6%
Jan
Jan
30%
29%
Steel Co—_—_—10
Gold
Juneau
7Va
2%
4
21%
Oct
48 Va
Jan
1%
38%
*
—
Dec
Nov
44 %
67 Va
v
Sun Oil
May
30%
Jan
Nov
Jan
a5
7%
18%
.—
23%
43
19
10
Mammoth
Black
Cardinal
.
60
31%
44
606
;,
5%
Scott Paper common—
May
33
80 Va
1
2nd
Salt
Feb
36c
May
22% May
33% July
1st
Sep
1.80 May
8c
Brothers
Reading Co common
24% Mar
Feb
Jan
Jan
Jan
Jan
22 %
35
2,3
Mining Stocks—
Alaska
108
100
550
2,590
100
2% May
11% Jun
Jan
Jan
39% Jan
29% Nov
28% Feb
18%
Universal Consolidated Oil Co
35
2,000
Dec
13%
10
10%
36%
60
♦
:*
4.4% preferred
—100
Philadelphia Electric Power 8% pfd—25
Philco Corporation
3
10% July
Dec
Jan
Jan
Jan
Jan.
Mar
Jan
Nov
41%
Pennsylvania RR—
Philadelphia Electric Co common
$1
preference common-
26 7 8 July
Jan
22%
43
30%
29%
8%
2
2ft
.10
.
California
Western Pipe &
.
10% 10%
2%. 2%
8
8%
—
—
1
26%
lc
39% 39%
—
*
•
666
2,900
10
3%
43%
25
lc
—
8 87%c
5c
9c
35
23%
29
29%
39%
34%
2.10
43%
7%
3
35%
17%
lc
22
3,050
125
48
10
■
6% Jan
13 % Nov
3
6%
17% Mar
70
'
July
49 %
July
441
211
10
Motors
Pennroad
Mar
41
jj| Jan
1,100
867
122
370
320
245
29%
45%
40%
5%
14
35
6 %
38%
*
National Power & Light—,
Oct
55% July
34
Jan
20_ Apr
4% Jan
238
10,300
5,000
3,025
45
31 %
32
9%
—
:—25
-25
——;
Corp
Transamerica
5%
25
25
California
of
Co
*
40%
5
47%
40 %
—*
Pacific Co
Standard
>—
*
1
—
Co Ltd
Southern Calif Edison Co Ltd-Original preferred
6% preferred class B
5%% preferred C—_
Southern
29
——• •'
Sontag Chain Stores
1.00
6c
22c
30
32
29
45%
—
-15
25c
-—
Signal Oil & Gas Co class A
Sinclair Oil Corporation
Solar Aircraft Co
11%
90c
6c
21c
42
12%
Oct
Sep
19% May
•
v
Battery—
Lehigh Valley RR
66 % July
26% Jan
330
100
550
Sep
Jan
7%
5 Va-
Coal & Navigation
Lemgh
Jan
11 Va
76%
*
common
preferred
Gimbel
Oct
Jan
8
Pub Co
General
Sep
10%
32
127%
460
6%
80 Va
Electric Storage
10% May
81
*
Prior
,322
v,',
16
158Va
4%
5
Curtis
Sep
18%
High
11% Mar
351
14%
32
7%
Chrysler Corp
Jun
Low
High
17 Va
preferred-—50
Corp
Budd Wheel Co
24% May
22%
18%
Range Since January 1
Shares
155% 157%
157%
13
(EG) Manufacturing common.-*
Budd
Dec
28%
7% Jan
44% Jan
9
Jan
1,360
630
9
14
-
Bankers Securities
Jun
53%
54% Nov
25
49%
26%
8%
1%
11%
.
22c
43
31 %
—*
—
Trading Corp
Sierra
al%
■
>
786
205
37%
49%
26%
8%
--
—1
Ryan Aeronautical Co
Safeway Stores Inc
Shell Union Oil Corp
11%
35
2.05
6% Jan
19 Va Aug
3% Jan
65
Oct
2.00 Mar
14 %
100
& Tel—
Tel
13%
14%
•
Baldwin Locomotive Works v t c
Sep
50
Low
Par
American
Sep
47
:*:Y
American Stores
Oct
15
68% Jan
350
1,205
97%c
25
_25
10
*
1
50
,
1st preferred—
5%
9
20%
7%
11%
50%
12
—
1
1
25
Occidental Petroleum Corp
5%%
199
525
400
3,150
78
8%
13%
—
1
1
Menasco
Pacific
257 V
710
47%
9
-
*
\
4% May
5%
23% Mar
19
Jan
5
Nov
11%
50
__
-10
Angeles Investment Co__—
Mfg Co
Nordon Corp Ltd
Los
Oceanic Oil Co
■
25
46
5%
20%
7J/8
,
11%
1
1
Co
Lane-Wells
20%
7%
—
Motor Car Corp-—
Hupp
7% Jan
16Va Jan
78
8%
—
—
*
—
*
a36%
—*
—26%
*
8%
1
—
Rubber Co
&
Hancock
--
4%
2.50
McBean & Co
Gladding,
320
70
105
a45%
Douglas Aircraft Co Inc
Products Corp.—
Electrical
General Metals
46
*
*
1
-
10
Jan
1.35 Jan
75c Jan
a24%
45%
5%
—
5
-
-
Consolidated Steel Corp
30% Jan
300
400
175
1.85
1.30
1414%
19V8 20%,
14%
a20%
10u
1
Aircraft Co
240
30
—
common—*
Byron Jackson Co
*
'California Packing Corp common—-*'
Cessna
45
1.85
1.25
„
Broadway Dept Store Inc
Central Investment Corp—
930
300
20
30
4%
1
Company
Petroleum
Bandini
Barker
1.80 Feb
3% Jan
7
Feb
2,
4%
11%
.
for Week
Range
of Prices-
Sale Price
STOCKS
High
Low
.
1%
4%
11%
45
50o
Inc
Range Since
High
Low
Par
Lust
January 1
Sales
Week's
Friday
\
Shares
of Prices
Sale Price
STOCKS—
1.0 both inclusive, compiled from official sales lists
Dec. 4 to Dec.
for Week
Range
Last
lists
Sales
Week's
Friday
Aircraft Accessories,
Philadelphia Stock Exchange
Angeles Stock Exchange
Los
Dec, 4 to Dec. 10 both
29%
29
9%
30
14
8%
Jan
11%
285
24%
Jan
34
$2,000
90%
Feb
99 %
53
Jan
71
Sep
BONDS—
St Louis Pub
25-year
Serv
conv
inc
1st mtge 5s—1959
98%
98%
1964
62%
63
—
4,000
Sep
May
Volume 158
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4237
CANADIAN
239$
MARKETS
LISTED
Montreal Curb Market
Montreal Stock Exchange
Canadian Funds
Canadian Funds
Dec. 4 to Dec. 10 both inclusive,
Friday
Range
Acme
Works
Glove
Algoma
Steel
Aluminium
Ltd
Common
Ltd
■__
common.^,
—
Asbestos
250
9%
9%
75
92
100
5%
94
211
92
Dec
133
100 100%
*
_•
50
High
5%
5'/a
Aluminum Co of Canada pfd
210
100
Nov
103%
•
21 %
21%
22%
2,143
common—.—*
21%
21%
21%
130
Bathurst Power & Paper class A—*
13%
13
13%
561
156
156
135
Corp—„
Associated
Bell
—
Breweries
Telephone Co of Canada—...,.100
Brazilian Traction Lt & Pwr—
*
23%
22%
_
British Columbia Power Class A——*
Class B •
4
24
Canada Forgings Class "A"
Northern Power.
i
Canadian Breweries
Preferred
;
7%
75
20
100
8ys
1,500
9%
9%
440
31%
32
140
5%
5% May
17
8%
Jan
Sep
Sep
106% Aug
26% July
Apr
12
July
6%
273/4
Jan
42%
7%
Jan
12
2,307
60
8%
320
36
34'A
36
145
145
31
32
-370
38
Jan
40%
25%
14 % May
Jan
9
30% Nov
8
31
July
Feb
20
1.45
25%
.100
29
Jan
5%
100
—_.x
4%
92
40%
25
6%
preferred
7%
Cum.
6%
American
British
Columbia
Canada
Northern
■.
Class
Ind
Alcohol
"B"
Canadian
common:—
L
-
Canadian Pacific
*'
_—_
*
277/8
May
Oct
NOV
July
Oct
25%
Nov
470
27
,
Jan
11
26
133
=/-.
Feb
150
Sep
Jan
33
May
175
17%
39%
20
5%
i 950
..
20
300
47.
5%
Marconi
_
Preferred
Dominion Steei
Coal B—_
&
12% May
Jan
133/4
40
41%
400
37 %
Nov
46
July
27%
28
245
27 % Mar
29
July
30
225
22
Jan
33
Sep
Jun
35%
36
510
26
Jan
41%
22%
23%
482
22
Nov
31% July
14%
14%
850
11%
Jan
119
119
105
119
Dec
126
Aug
156
156
20
152
Feb
159
Feb
July
16 y2
Oct
Jun
7%
1,027
7%
Nov
11
9%
100
5%
Jan
common...*
Dominion Textile common—
Preferred.
....
Dryden Paper
r
7%
_c
...
_
733A
_—100
7%
105
6
Mar
9% July
Jan
44
91
Jun
101
Sep
109% 109%
2
107
Jun
110
July
15% Mar
19
Jun
109%
1534 '
15%
*
10
10
50
158
110
148
170
172
74
160
50c
50c
60
__
...I
Gatlneau Power
5%
preferred
General Steel
Preferred
10%
Jan
77
Apr
Jan
48
NOV
5
5
100
2% Mar
5
July
Chateau-Gai
Wines
Ltd
*
—
Commercial Alcohols Ltd common—•
Consolidated
Paper
Cub Aircraft Corp
Corp Ltd
Ltd
25/8
350
5%
13,749
70c
70c
100
5%
—-
23A
5
__
•
*
...
—
David
&
Frere, Limitee
Limitee
"A"——*
/
Woollens
Linoleum.—*
&
293/4
29%
,
Smith
Howard
Common..
*
43/4
•
63/4
East Kootenay Power 7% Cum. Pfd._100
Eastern Dairies Ltd 7% cum pfd—100
Fairchild Aircraft Limited
5.00
....
Fanny Farmer Candy Shops Inc
Fleet
Aircraft
Ford Motor of Canada
Companies,
Voting trust
Halifax
Fire
Paper
14%
___•
__*
"
Imperial Oil Ltd
Imperial Tobacco
Lake
St
John
Power
&
Preferred
&
Can
28%
3%
24
918
19%
Jan
24% Oct
20
125
5%
83/4 July
Feb
Melchers
Oil
Distilleries
15%
340
14
163A July
Nov
6%
cum
Limited
Power Corp of Can 6%
280
7%
60
94
Jan
6%
6JA
6%
225
5
14 y4
Jan
110
7%
Sep
•
5
5%
5
11
11
60
100
92
92
6
Bridge Co.,
Oct
Thrift
Jun
United
Ltd
Stores
cum
Ltd.
1st pfd-100
13%
.1!
common
*
13%
995
30
4%
8.90
90
12
8
Jan
Ottawa
Steel
L
Products
&
H
Jun
Jan
12% Aug
Oct
93
May
Ltd
Penmans
Power
15
90
5
15
105
15
105
5
10
31
102
10
10
125
2%
Jan
10
Corp
Lawrence
Class
St.
Corp
Simon
I
H
Southern
i
Steel Co.
&
Sons
United Steel
.Commerce
107
Oct
12c
16c
5,500
10c
Jun
21c
59c
1,000
40c
Mar
68c
1,000
lc
Feb
4c
Jun
1,000
2c
Apr
6c
Jan
Mines
Gold
Mines Ltd—i
Oct
*
21
21
35
7
13
Jan
7'A May
Jan
Jan
22%
18 % May
Oct
23
Feb
,21%
21%
20
30
28
30
2,330
38
Nov
39% Mar
21%
21%
2.1%
780
17
Jan
24
July
21%
17%
'21%
1,037
6
21%
Jan
Aldermac Copper Corp
Ltd———*
16c
Cadillac
Dome Mines Ltd——
Gold
Eldorado
Mines
*
—:
Ltd——. 1
Mines
Gold
Mines
28%
283/4
300
19%
1.15
3.25
300
80c
Jan
98
Jan
19
Jan
26%
Jun
12%
12%
225
12%
Dec
16
13 %
.13%
13%
150
9%
Jan
14
Nov
O'Brien
8
8
8%
1,420
5%
Jan
10
July
Porcupine Gold Mines Ltd.—1
Pato Cons Gold Dredging Ltd—
1
7%
7%
104
6%
Jan
17%
18
150
16%
Jan
126
126
25
19%
19 '/a
19%
2,089
18
18
20
20
20
33
33
153
17%
Ltd———
Mining
Nova Scotia
•
July
Sherritt-Gordon Mines Ltd—
3c
1,000
2%c
Feb
6c
5c
3,200
3%c
Apr
8c
27%
Jun
Sullivan
20
13
Feb
18
Feb
16%
20
Nov
33%, Apr
26
Jan
36
48%
23
23%
36%
41%
Jan
NOV
12%'Nov
15
486
40
Jan
52
660
22
Oct
25%
Jan
17%
Aug
12
300
7%
25
99
99
10
93
Feb
107
53
10
43%
Feb
53
11
11
7%
Feb
1.16
Sep
1,39
8.425
63 % c
May
1.39
Dec
1.26
1.000
60c
1.35
Nov
3.40
500
11 3/b
Jan
Oct
3.45 Nov
2.15 Mar
72c
600
72c
9-00
—
—
9.00
51 %c
1.58
66 %c
25
6.50
1.04 July
Jan
9.55
Jun
1.60
4,900
38c
Jan
8.850
53c
1.63.,
68c
65c
Jan
Oct
Nov
1.80 Nov
■
Oil
OiK
Ltd
-——
Ltd
—
—
3.30
70c
3.50
*
*
Ltd
Co
Oils
Okalta
6
Jan
Royalite
Oil
^
1.565
3.50
70c
2.66 Jan
1,000
:
40c
Jan
4,000
—
Cot^'Lhmtid-----*;; 21%
11%
305
6%
4%c
Jan
20 21%
Toronto Stock
Canadian
Sep
10 3/4 July
6%
7
280
19
17 %
19
4,125
Jan
89%
93
895
62
Jan
93
120
70c
6c
26
Dec
Jun
Jan
Apr
12
12%
231
12
Nov
16
Jun
101
101
50
100
Dec
108
Jan
Friday
Last
Sale Price
6TOCKS-
Exchange
Funds
inclusive, compiled from official sales lists
Dec
12
Dec. 4 to Dec. 10 both
193/4 July
93
9%
150
8 % May
Jan
Week's
Sales
Range
for Week
Shares
of Prices
'
Abitibi Power & Paper common
3
3%
1,135
14%
15%
1,466
11%
Feb
46
44%
46%
440
32%
Feb
47
14%
14%
14%
1,783
14
Oct
Low
10
10
270
9
May
11% Aug
Aldermac
10
10
80
10
Nov
113/4 Jun
Algoma Steel Corp.
2%
_•
—10.0
27
High
2%
23A
1,630
24% '
27
4,265
1.15
2,350
7c
6,000
Range Since JTannary 1
Low
High
Jan
4% July
5
Jan
33
July
70c
19%; Jun
Common.__.__.___*
623/4
70
623/4
70
70
5%
Transit common^—*
5%
145
60
35-
1.75 Jan
59
July
6%
preferred
Acme Gas & Oil Co
'—1
72
Apr
76
Apr
Aluminum
Ltd
Aluminium
Jan
Dec
9% July
6
33/4
125
33A
Dec
63/«
6%
2,012
2%
Jan
59
59%
561
21
Jan
183A
400
13
Jan
-
Apr
8% July
63 % July
183/4
Dec
'—:—_—>
Copper
Jan
5
common-—.—
•
*
common
Co. of
Canada 5%
pfd._100
.Arjon
■
Gold
Mines———————-—.1
Armistice Gold
—
Gold
Mines
1
Ltd————1
100
132
132
17
129
Jan
144
Aug
16c
-
—
95
100
154 y2
155
114
147
Jan
160
Mar
Bankfield
140
433/4C
lie
3.20
100
243
243
1
100
139
139
13
223
132
Jan
Jan
Consolidated Mines..—__1
254% May
Bank
of Montreal————
150
Bank
of
Auk
Nova
14c
12c
22,300
17c
9%
93/4.
6c
13 %c
9c
__
Jan
1.40
,
Feb
1.60 July
Jan
21c
Jan
Aug
'
93
25
:
100 1003A
63 %C
11
8 % Mar
July
133% Mar
450
95
:
83
Dec
300
100
Nov
102%
Jan
84 %c Jun
3,860
64c
537
47c
7.10
3.00 Jan
Feb
Oct
6.10
6,50
54c
" 59C
2,000
12c I6V2C
48,000
12c
Dec
8,200
25,450
35c
July
60c
Oct
10 %C
44c
lie
2%c
Jan
14c
Sep
3.10
3.25
3,500
1.35
Jan
3.50 Sep
'
40c
3,500
,14c 14% c
52,000
20c
680
,
July
33c
Feb
July
87/ac Jan
19 %c July
4c. May
19 %c Nov
153
J—100
Scotia..—_x.__.100
,
14c 14 %C
Bagamac Mines __.__.__i—1
.100
1.07
7c
Anglo Canadian Oil————; ,/"63%c
Anglo-Huronian Ltd
*
6.10
Aquarius Porcupine Gold Mines
* .
Aunor
,/ *■
1.15
———*
Ajax Oil & Gas Co
66 3/4
>18%
6%
,4
July
18% July
593/4
33A
Nov
1.20
—
-
Sep
3%
76c
1.26
3.40
1.30
'
—1
Ltd—
Aug
53
15%
110
1,000
Jun
Sep
12
*
14
85c
Feb
10
Mines
Cons
Oils——
Home
Sep
7%
1
14
Sep
135
47%
page 2395.
Nov
Aug
July
80c
14
:-l
:
Oct
48'A
;
22
18
_*
Power—
see
39c
Jan
9% July
Sigma Mines (Quebec) Ltd——1
Siscoe Gold Mines Ltd
—1.00
840
Corp„_
For footnotes
4.70 July
34c
3c
21c
Sep
1.60 Aug
5c
1
Mines Ltd———
Gold
Oct
13%
__
Aug
29% Aug
Jan
33c
—*
126%
13
25
3.15
3c
1
Corp Ltd—
Mines
Shore
Normetal
120% Mar
13 %
..Royal Bank of Canada—
Oct
Aug
new„____„*
—
Apr
Jan
25
60
50
100
300
1
Kirkland Gold Rand Ltd
500
41
common—
.
—
—1
110
41
.i—a—i
2'A
Feb
1.15
3.25
v
—
Ltd
Ltd
22%
41
lioo
2c
—'
1
22
22%
•
common
2c
28%,
—*
——
Ltd,——
3c
59c
3c
—
Nickel Mines Ltd——*
Falconbridge
Francoeur
—
*
110
110
110
Dec
Common—*
'*y:'
Aug
July
>25
-
Mines—
Gold
100
v——
Montreal
Oct
Feb
Astoria Quebec Mines—...—
*
Jun
3%
Central
common—
Banks-*
17
106
500
21
*
Cartier-Malartic
.Winnipeg Electric "A"——.—-*
Preferred I—
1 —x_100
Zellers Ltd
Apr
Jan
4%
Western Can. Flour Mills Co. Ltd.—
12%
,\:
of Canada common———*
Twin City Rapid
'•
July
64
10% Mar
•
IV ' -Preferred
97
Jan
213/4 Aug
7% June
400
Paper preferred——.100
Canada
87
Jan
2,546
.Shawlnigan Water & Power.
j
NOV
Jan
7
*
preferred—
A
Lawrence
Dec
71/4
49'/a Sep
19%
—
Par
So
Feb
45 % Mar
47%
11
11
preferred—'———100
Saguenay Power
5%
Apr
105
30
7
5
.
250
Jan
445
11
of Canada
98
July
21
Canadian Malartic Gold Mines Ltd
preferred
Quebec Power ..—.xlJ—„
5
16%
22
61
17% July
•
5 r/o
July
48
—
*
—
Jan
—.
Price Bros & Co Ltd
20
Jan
Jan
21
4%
Pfd.——j—
Cum.
12
.J:——...
Jan
11
59
$1
1,930
Common——:
Placer, Development
153/4
14%
Feb
14%
I—*
——3
Page-Hersey Tubes
15
400
16% July
Jan
Common_.„100
Power
470
143/4
19%
105
7%
Dec
14
Ogllvie Flour Mills common.——•
Ontario
18% Sep
1.15
14%
—..
Jan
■/:
25
Noranda Mines Ltd
Jun
10
244
243/8
32%
Breweries
Corp
75c
100
Jan
preferred————100
Car
Ja>
100
Feb
National
Steel
Dec
Dec
15c
15% Aug
2'A
98%
Loan & Mortgage—_25
Tramways •_——i—4—100
National
43
21%
243/8
2/
Preferred
Apr
Jan
3%
243/8
61
common
40
" 2%
300
Montreal
Montreal
10
440
July
20%-July
2%
107
Mont Light Heat & Power Cons
Jan
—
"A"
29%
—
Cottons
Jan
13%
*
Corporations
29
i
(Robert)
Jan
12 %
90
15
106'/a
McColl-Frontenac Oil
Montreal
12%
15
7
pfd-100
cum
Pamour
Mitchell
252
2,305
17%
__
"A"—
29
i—
Jun
Jun
Distillers of Canada, Ltd
*
Walker-Gooderham & Worts common.*
Lake
Massey-Harris
Sep
6%
40
:*
107
—100
(John A)
Laura Secord Candy—
28 3/4
2% Nov
2%
Sep
Joliet-Quebec
Lang & Sons Ltd
May
21% Mar
1,200
—
8
•
common—.
Feb
35
325
25c
Pfd——10
McColl-Frontenac
109
■ ■
______
12
Jan
43A
19
19%
15
43
21%
100
pfd-100
Nov
log y2
International Nickel of1 Canada com..*
Preferred
Dec
Nov
600
18
156
108%
Industrial Acceptance Corp com.—*
International
Bronze
Preferred——.25
Lake of the Woods
7% July
7'A Aug
9
17
July
100
common
Jan
14
14%
19 "A
105
151
Sarnia
—£1
International Power
3
3% Mar
14
18
8
Southern Canada Pow 6%
International Petroleum Co Ltd
Jun
Aug
145
—
19 %•
105
156
11% July
common
Aug
2%
30
360
.
17%
Mar
94
—
of
50
25c
Paper Co...—_._*
Jan
—
1,657
20
;
Paper.
Jan
*
4%
6%
16
Dec
Jan
23/4
2-1 »/2
__r——
*
'
;
1.10
24%
9
293/4
18%
17%
15
43
__
Inter-City Baking Company Ltd—100
Utilities Corp A———-*
Class B
x—...——1
81
\v
'
■'
Feb
11
136
555
23 %
18%
18%
International
—100
.
July
3V4
Company—10
Jan
*
Jun
63/8 July
1.30
28%
28%
24
Ltd—
8
common—
Jan
Nov
30
9
29
2%
.*
Ltd A
Insurance
-
—
1
Ltd————
79
Bay Mining.......
3
Jun
3%
2% May
60c
1.10
,
4%
6%
29
Paper Co Ltd
10
Preferred
Hudson
541
16
15%
1.10
16
—_*—
"B"
Oilcloth
610
HoMnger Gold Mines—_
Renfrew preferred—.——:
2
Jan
8
Holt
Sep
3% May
25%
11
4
Jan
39%
85
Bridge..
85c
70
United
Hamilton
2,610
35
85
Gypsum, Lime & Alabastine—
NOV;
65c
Jan
125
10%
—
30c
6%
•
,
169
172
May
38
473A
8
common
10% Aug
Mar
Apr
Jan'
...
Oct
36
.——100
.....
Wares
8%
223A Aug
53A
Nov
7%
*
common—
1.95
1.75
1.90
Cum. Pfd.—_100
72
156
15%
50
158
__
Moore Corporation Ltd———.-——*
Foundation Co of Canada
-
153/4
17% Mar
170
100
733/4
v
—
36%
26
160
Maple Leaf Milling "A" Pfd—__x
Massey-Harris Co Ltd 5% pfd
733/4
yv.
200
96
—
MacLaren Power
Dominion Tar <& Chemical
136
43 %
10 y2 July
73A
__;
8%
9%
73a
20
20%
43
July
473/4
Donnacona
Feb
Dominion Stores Ltd.__.__—__——*■
203/e
•
22% July
26
38
Dominion
9%
„_i.__100
Jan
17% Mar
Jun
73/8
.*
17%
101
Westinghouse Co. Ltd.——473/4
Nov
300
100
710
223A
Oct
Vickers, 7%
Nov
4,000
———25
Dominion Glass common—
21%
__
preferred
6y8
9%
23%
'21
22 3A
122
4
July
11% July
;
Canadian
6
103/4
—*
Jan
*
B.
Company..;
Paper Inv—
Fraser
Distillers Seagrams common...
Nov
9%
95
___*
Pfd
Canadian Power &
26
28
Dominion Bridge
Dominion Coal preferred—
Dec
2%
1,007
,
'
Jan
9
30
109%
305
10
_•
Canadian
Jan
10%
Seal ,Co__
&
100
2%
pfd——100
class
July
22%
Canadian International Inv Trust Ltd—
Common
*
Jan
93/4
:_o
Ltd
4 V8
32 3/4 July
62
Sep
Feb
9%
—100
Industries
3%
10%
—...
1%
Jan
5% Jan
21%
Canadian Dredge & Dock Co Ltd—.*.
Canadian General Investments Ltd—»
33/4
12
«
Mining & Smelting..
Cork
20
12%
Sep
_25
Railway«,
Consumers .Glass
Crown
5
5
*
Cockshutt Plow
Consolidated
5%
*
;
'
Locomotive
25
2V4
6%% Cum. Pfd_100
Dominion
Canadian
2,069
50
65c
203/8
Dominion Sugar Co..
Malting Co. Ltd
Cum.
27%
50
93/4
&
Canada
Canadian
24%
109% 109V4
_*-.
Canada
Canada Wire & Cab
4,320
—
Oil Co Ltd——*
Packers Ltd—._*
Pr
23/4
pfd—_„100
"B"__*:
cum
Bathurst Power & Paper Co Ltd
Power Corp Ltd
British
'
High
2%
27%
100
Ltd.,
Range Since January 1
Low
High
Low
100
_
Shares
2%
•
Pfd
Aluminium
7%
5%
5%
8
Canadian Converters
Sep
Dec
23
Par
Abitibi Power & Paper common
Sales
for Week
of Prices
Canadian
9%
31%
Canadian. Celanese commons—
Preferred
,
8
*
Canadian Car & Foundry common
New Preferred
613
20
•
common—..
Sep
28 'A
Jan
8
—
253/4 July
Mar
106
Dec
158 y2
2
*
Canada Steamship common
•
5% preferred
———50
.22%
Jan
13
7%
Feb
Jan
14%
100
7
Jun
July
May
253/4 July
Dec
141
375
105
: Week's
'Ranged
..
Sale Price
Beauharnois
Jan
21%
11
Nov
15
3%
106
•
—
165
24
21 %
15%
7'/4
_100
Canada
5,329
7%
Feb
Feb
15%
15%
—*
common
Preferred
23%
3
8%
3%
Building Products class A—•
Canada Cement
High
LOW
Low
Common—
STOCKS—
Range Since January 1
Shares
"Friday
Last
for Week
of Prices
Sale Price
Par
p ''/Z/'PZ;VP
Sales
Week's
Last
STOCKS-
Dec, 4 to Dec. 10 both inclusive, compiled from official sales lists
compiled from official sales lists
154
28
150
245
245
1
227
Aug
161
Jun
Jan
259
Mar
'
of Prices
Lale Price
Bread preferred
Barkers
38
Beatty Bros class A
—
Bell Telephone of Canada.
3,000
8%c
Apr
13
13
96
12
Oct
14,500
10c
Jan
13,500
70c
Apr
37c
35V4C
155
■
'■
Jan
Jan
9
Nov
International
4,000
8c
Jan
12C
Mar
International
1,000
8y2c
9c
24c
Aug
11%
28'A
Sep
Jun
Jack
25
5Vs
Feb
8% Nov
22 ya Jun
7%"
1,465
17%
Jan
23
225
17%
Apr
27 y2
NOV
29
25
33,824
46c
3,000
15%
3c
65
1.98
1.90
43%
Jan
10y2c
l%c
Nov
Preferred
Loblaw
Class
107
Oct
27
43%
36%
170
75
;
-i
Feb
6%
175
8
92
Feb
124
492
8%
Jan
32
270
30y2
65
10
162
89
89
5
14%
.,
Canadian Oils Co common—-
—25
Rv
Pacific
———*
Cariboo Gold Quartz—
—1
Castle-Trethewey Mines _—_———1
Central Patricia Gold Mines
1
...
Mines————-1
Research
1
Chemical
Massey-narrls
128
28
Jan
22V2
23
100
19
Jan
24
Jan
14
12
200
8
150
251/2
35%
5%
Feb
Jan
19
July
Jan
42
Dec
Montreal
216
Nov
Moore
6%
Nov
Class
Jun
1,400
Feb
200
3%
<
Jan
26
Jan
10
20
195
61c
2,900
225
15
Jan
135
135
5
112
Jan
\
.
9
10
4,812
18
18
100
36c
68c
Mar
"A"—
12% July
20
Oct
Negus Mines
Nipissing
Dec
Mines
Jan
1.35 July
1.75
Sep
Normetal
6,025
%.■■
3,500
18c
18c
18c
1,000
1.40
33,212
10%
6%c July
14c
Aug
lQ%c Jan
47c
May
65c
1.75
75c
9%
Northern
North
Oil
Star
Jan
2.14 July
Nov
2.65 Aug
2.09
Oct
Okalta
Oils
13%
Jun
Omega
Gold
O'Brien
Sep
& Smelting——-5
37
Nov
46% July
(Toronto).——.—.100
131
131
133
208
123
Jan
136
Oct
21%
21 %
10
20
Dec
25
Oct
31e
Pacific
Jan
Pamour
71c
2 %C
2%c
36
w
Mines.—.—
Bank
Steel class B
Dominion
•
-25
—^—
•
Dominion
Stores
-—-—.————
Dominion Woollens & Worsted
Preferred
Co
Crest
—
9%C
—1
Mines
1.64
Eldorado
Gold
Mines
—i
...
Electric of Canada
English
«
Machine_|—
Washing
Easy
"B"
Class
Equitable Life Insurance..
—
Famous
Players.——
of
Co
.
Canada
Gold
Gatineau
Power
5%
100
preferred
5%%
Lake
Gold
Glenora
God's Lake
Preferred
Great West
Paper
Gold
Hallnor Mines..
.
:
——
Hamilton Bridge Co Ltd
Hamilton
Harding
Hard
Rock
Harker
4'Ac Jan
1.09
12
3%
80c
Feb
Jan
Jan
Apr
4%
Mines.
1,495
10
3.10
379
5,500
Co
footnotes
Reno
100%
Apr
52c
Apr
1.50 Nov
Jan
1.45
Royal Bank of
Royalite Oil
Nov
32% Mar
Jan
Jun
5%
St
3%
3%
325
26
Mar
30
3
7%
77
Nov
Sep
•
Sep
7 % c Aug
6%
Jun
45 %
44c
43c
Shawinigan Water & Power^u---.-^..-*
Shawkey Gold Mining—^
_1
14%
13%
Sherritt-Gordon
Feb
3c
Jan
lc
May
5%c Nov
29 %c Mar
14%
9c
July
19c
4%c Aug
Jan
15c
Steel
30
62
Jan
95
85
51%
Jan
58
5c
271
3
20
21%
21
21
30
6%
7
215
May
239
14%
May
Feb
16% May
July
July
9c
Nov
6% July
23
July
Co
103
2
15c
15c
2,600
6%
6%
225
3%
103
Dec
ll%c Jan
5
7
Jan
104
24c
7%
Oct
of
58c
51c
58c
8,080
55c
53c
56c
4c
6,000
70c
75c
36,300
*
Sturgeon River Gold Mines—
—1
Sullivan
Sep
Aug
Sylvanite Gold Mines,-- Ltd-;—-—.
1
*
Jan
76%
Apr
1.62
•._!■
19c
5
3%
:
12
3%
Teck-Hughes Gold Mines
Jun
Toburn
Jan
4.00
3
May
4%
4%
1,130
Nov
Toronto
Gold
96c
.1.04
19,120
40c
Mar
4c
3%c
4c
5,500
2c
Apr
42c
40c
44c
22,154
17c
Jun
15
15%
110
14
Mar
page
2395.
—5
11%
10%
11%
1,565
8.50
Jan
3.30
3.50
3,410
2.65
Jan
1.15
Elevators
preferred————50
Towagmac Exploration___:
Nov
Transcontinental Resources
Oct
Nov
6c Aug
Dec
16% July
12%
Sep
Noy
3%
Dec
1.38
Jan
14%
145
10%
3.20
4,315
90c
90c
800
52%
52>/2
7
7
Jan
2.05
Sep
4.10 July
Sep
2.40
1.80
1,487
1.97
•
^__1
—*
3.20
.
,
1_ *
„
,
12VeCs/ 10%c 12'Ac
2.25 Aug
1.85
Twin
City Rapid Transit common
5%
100
5%
Union Gas
United
Co
of Canada
^
United
Corp class "A".——
Fuel class "A"______;_^_
United
Oils
_•
'__*■■
50
6%
24%
25
60
32»/2
32%
110
—
—
United Steel
•
Upper Canada Mines Ltd
1
7%
7
25
—
4.
1.59
6c
1,997
6c
4
4
1.55
1.60
2,000
•
400
14,549
Nov
3.45
;
Sep
94c
Jan
Sep
Jan
50%
Jan
10c
Jun
35c
16,800
*
14%
61c
4,075
47c 54 V4C
54c
'
44c
21c
Jan
Jan
65c
'
3.00:
__
__1
Mines———__1
Jun
4%
Jan
Nov
1% May
100
14%
r
14
Dec
1.46
1,500
19,100
•
Oct
5 July
Aug
10c
5,000
20c
2.00
164
3V2-
.
3,
2.65
Jan
12
100
v
1.55
2.05-\
..
1.51
'
common
Nov
17
Apr
66
Jun
7%c
8
73
2.00
Minesi.__—_^
1.
Supersilk Hosiery class "A%L—____„_*'
23c
Jan
;
__
Cons
NOV;
Jan
3%
Sudbury Basin Minesy—.j*
Dec
July
59%
'•'•%/>
-
3
5%
20
•
34,725
12
19% Aug
41/4 Mar
2.25
__
Jan
1.10 Jan
2.00
100
;____
10
100
2.22
preferred—'—:
Dec
265
10
•
Jun
77c
Jan
245
69
'.
•
Sep
8c
Nov
29c
18
69
—
60c
3V4c Jan
54c
5
-
5
,62%- 63%
,
Mar
2%
18
2%
„
25
Apr
Dec
'
.
common———*
Nov
4%
__
...
Co_^__
,39c
Nov
25
Feb
10
12,825
4c
_*
L—•
3c
15%
...
1
:
Co——
2%c
2.50
104 104%
104%
70c
Canada
Coal
;
1
Mines
Petroleum
17,300
130
5.75
500
Nov
10,400
200
Jan
/
Feb
Nov
Nov
3c
825
1.04 July
9.75
64c
Mines
11c
5
Jan
13%
9c
16
67c
104 %
2%c
3.25
14,297
Jan
9c
4%
4c
Jan
2%c
15%
19%
May
86%
July
23
Jan
Sen
Jun
Nov
2c
13
50
—100
Chemical
Oil
62 %c
3%
Steep Rock Iron Mines
Sterling
Mar
18c
65
Preferred
Stuart
Sep
Jun
110
Radio_.
July
Dec
4.00
9%c
25
Paving common
3c
45%
Apr
Jan
1.86
13%
Standard
Aug
39
24
Sep
2c
18% July
12%
Springer Sturgeon
3,000
Mar
-25
Malartic
9,600
Feb
3% July
9.25
Gold
Standard
22 Aug
6c
Jan
100
9.25
9.25
26% July
Nov
Jan
2Vac Jan
114
2c
80c
72 %c
Sep
*
—
End
77c
1
Sep
12c
Jan
12
15,100
14%
.
2c
59e
9'Ac Apr
150% Aug
May
_.l
Preferred
South
2c
:
Dec
—_—13%
"B"
3c
500
Mines———
Mines—
Class
Sladen
May
8
8c
Gold
—
,
Jan
Sep
8.50
1%
1,100
1
45%
__
1
Sep
2.50
2C
6,565
1
19%
',15
15
3.40
5%c
45c
Sep
85
117
3.25
Sep
101
80
135
3
15
.—.100
preferred
River Gold Mining—
Senator Rouyn, Ltd—.
lie
15%
Nov
July
1.15
132% May
125
' -Ju14
2c
2,500
5%c
Paper
Antonio Gold Mines Ltd—;
Siscoe
3,500
3c
,
3.40
Lawrence
Sigma
11
20
3c
3c
.
5%c
St
Sand
Simpsons Ltd. class "A"—
Aug
19%
200
=
11
t
6%c.Tan
325
19%
_^____50
Oct
100
26
20'A
Corp common
Sep
Jan
:
138
20
__
_1
Class' "A"
31c
560
136
136
10
St Lawrence
6%
3
common
Anthony Gold Mines—
24%
11% July
/
•
Industries
1.33
-
3%c
100
39 %c
5%C
5%
Canada
Jan
Nov
7c
1
May
10%
4%
».
a
Mines
Russell
4.80
2y8c Jan
Mining Co
Gold
Sep
10
3.50
see
Quemont
10c
__
Oil
For
Qtieenston Gold Mines
Sep
1.64 Aug
Mines
Mines—
1.82
Jan
1.02
Hollinger Consolidated Gold Mines
Home
•
2%c
...
Dauch Paper
Proprietary
16%
8%
22 y4 May
21
Corporation
Standard
—
Hasaga Mines
Hinde &
Nov
21 %c July
Feb
Oct
Apr
Gold' Mines
Gold
Oct
20
5,600
3,500
Jan
4%
Sep
104
1.37
7,169
10c
——
104
104
1.31
*
Carpet
Nov
1.36
.
51c
4%c
3.25
2.85
104
1
7c
4%c
100
90
Aug
2.10 Sep
,
Jan
7c
10 %
12 %c
5
1.25
50c
Feb
8,200
3.25
50Q
2.10
2.10
51c
14% July
4c
4,400
-1
5,125
1.10
Jun
1.28 May ■;
1
Jan
15c
—
2.10
74c
July
Jan
2%. Jan
17c
;—
Cotton—
1.85
1.77
»
39c
17 %c May
3,200
90c
90c
8
5%
8%
14c
——-
9,500
28c 30%c
Dec
17c
-1
Halcrow Swayze Mines
Halliwell Gold Mines..
4%C Aug
8.25
9
103
6%C Nov
May
225
14c
15c
1.36 Nov
Jun
2c
8.50
17c
•
Jan
3c
8.25
:
5c
100
57c
1,000
5.000
8.50
5,100
—1
Ltd—.
29,920
5c
——*
2%
55%
Aug
3V2c
Jun
Dec
92
Feb
Nov
5c
10%
July
29
9c
103
Jan
2
25
Oct
Nov
125
;
„
Jan
7,125
3.40
..
Jan
88
Alabastine
1.34
Dec
Sep
7
,•
Dec
88% Jan
■i'-r 55
1.15
1.85 %
100
—
Dec
70c
•
3%c
__
—
1„
3%c
10,600
81c
99%
98
__
Tamblyn Ltd
——:
Mines
Lime &
Gypsum
1.34
21,000
4c
72c.
„
1.40
78c
64c
.
Apr
6
50
Saddlery common-
Trust
Guaranty
Gunnar
/
2%
1.72
19%
21%
3V4c
3V2c
340
;
58c
3%C
T——,———
pref—
vtc
Lakes
Great
6
21,610
18c
5%
6
'
Oct
Jun
2.00 "Sep
.
8% Jan
2.20
3%C
—
22,600
2.15
29% Aug
-1
vtc
39c
2.21
8c
common
Jan
36c
,
Mar
38c
J
420
Mines—...
Lakes
61c
3.600
v
Dome
*
Great
80,700:.
70c
90c
C-,
Apr
1.50
1.40
37c
L
1.00
A
65c
•
Sep
1.10
2.00
_
Oct
1.15
,
__
1
—
1.25
East
20
90
Mines
657
1.25
1.33
—1
...
2,020
560
Aug
1.16
Preston
14
55
Apr
65c
1.60
'*,52%
July
1,120
150
20c
65c
1.55.
Sep
Jan
May
40
769
11 Va
5,000
—i—
74c
„
—_1
Rouyn Gold—,.
Voting trust
—1
Goodyear Tire & Rubber common-
9,520
vv
Nov
7
33c
*
88c
1,000
8 y4
...
48'/2
78c
10,250
3%C
.
47%
/
84c
Apr
97c
20
90
48
-
Oct
1.95
1.05
85c
22
86%
;
.
Mines——.1
Mines of B
Gold
3,600
6%
*
Gold Eagle Mines—.
Golden Gate Mining.
Grandoro
Pioneer
Apr
1.61
1.30
-1
—,—
Preferred
4%
1.60
89c
23%
86%
Gold
5,500
6%
-1
Ltd
—
Pickle-Crow
Sep
55c
1.60
•
Ltd
Mines
Gold
Mines
Gold
13V2
55c
;
;
1.33
8
Mines.-1
Mines———
Mines
Goldale Mines
Gold
Mines
Malartic
13
1,338
1
675
•
Oct
9% July
Jan
6
720
,
.
*
23%
10%
Porcupine
Porcupine
'I
Mining Co
31 %c
100
preferred
General Steel Wares—
Gillies
85c
„
13%
Gold
8
—
Dec
Premier
23%
A.—-—
common
281
Power
31 %c
class
Mines
Francoeur
Dec
July
4yBC
Aircraft
Fleet
281
July
bO
28%
Mining.———
Kirkland
Federal
Ford
28%
Oct
7
30
9
——
190
167
6,500
:
Mar
Jan
25,150
25
182
Jun
14
3.20
5
Jan
"
Farmer Candy Shops.——
Fanny
Perron
7 24c July
San
Falconbridge Nickel Mines
188
188
__
18%
2
\
49%
20%
1.65
8%
"25
Jun
690
46 V2,
47
142%
% c 11 %C
22
Nov
27
47%
Jan
50c
2.000
1.23
_4
•46 %C
Oct
*
Powell
14
A—..._
Jan
18
44%
*
Porto Rico Power preferred
1.58
1.20
28c
405
74%c
Oct
375
8C
8%
3,400
•
Sep
130
1.11
39c
Refining
41 Va
220
8%
Apr
19%
1
Tubes
111 '/a
1,040
9%
Oct
July
19
•
!
Jan
4%
9
♦
Eastern Steel Products..
;
28c
80
21
;
2.29
Jan
Mar
65
37c
1.40
99% Mar
10%
8c
1.22
20 %c Nov
15
Nov
37c
*
25%
4%
1
500
Sep
25c
19%
5
...
Nov
10%
10%
«
Oil—_—
Eastern Malartic
8
9%
9%
«
120
3,000
25c
74%
25c
662
23
7%
8
1.90
1.81
74%
815
155
22
Jan
Oct
2 % c
10
He
Sep
Feb
■
29
154
23
com.
————.————
Mining
Duquesne
c,asi
■
26%
29
100
——*r
Steel corn—.
.
108
108
.
2,100
Nov
67c
250
36'/a
•
cbmmon..
19c
17c
Dec
1.55
Feb
50c
800
m
J an
17c
__
9% July
58
35c
1,000
71c
83C
1.53
;_1
Paymaster Cpns Mines Ltd—
Mines——
Dominion Foundries &
&
.
Pandora Cadillac Gold
Partanen
'
.
16,950
1.48
1.88
July
104%
Feb
1.50
v
.
Jan
375
Oct
22
'
July
Jan
92 %
47
45
57%
Jun
6c
10
Jan i
6
315
103% 104%
56%
•
Oil
Page-Hersey
1.25 July
May
10c
;.-V
17
Jan
29
Pacalta Oils
Oct
1,545
50c
670
7l/4
14'/a
57%
2%
41%
100
19%
7 Va
5'/2
15%
Mines..—
39%
3,000
19'%
,
__
__
j
41%
14c
19 %
935
Jan
;
Nov
65c
Jan
2%c Mar
-
Jun
Nov
Ltd
1.74
65c
10%
500
8 V4
9%
11%
Mines
Gold
15%
13 %c
;
5V2c
7%
common'
Jan
———————*
150 *
fA.:
15
5VaC
Sep
3'Ac Aug
25%
Empire Mines.
Jan
'
Jan
200
Ltd
Jan
9%
14%
5%c
*
Corp
85c
29c
29c
Jan
28
—
Mining
Jan
Jan
%c
4%
27%
Northern Canada Mines..
1.68
9%c
8.000
'
6%
281
Noranda Mines
Jan
'
3.75
9%
;
Jan
9c
Nov
Apr
30,710
281
....
[>5c
1.62
15
Sep
1.59
70c
9%
—
|4n
1.00
1%C
2.40
Jan
1.65
1.51 Mar
9,600
14,015
:
*. 3.45
l%c
.;—v
4.00 July
Jan
2.30
•
385
3.10
3.45
...
^____20
20c
Dome
v
—J—*.
571
Dominion
:
1.50
Oct
4,290
:
281
Preferred
1,500
730
,
2.30
1.46
Oct
22%
Apr
9%
National Steel Car
2,100
11
——
2.12
1.49
24%
18
common—*
Ltd
Co
2,400
Preferred
2:30
19% Feb
110
,,
100
—.".
1.58
9c
100
3.40
.100
1.05
1.65
III
3.25
•
common—
National .Grocers
Nov
138
Apr
Corp
1.00
670
Nickel Mines———
3.35
/
*
& Power,
1.58
17,200
Distillers Corp—Seagrams
22%
1
Light Heat
4,895
Denison
1.07 Nov
660
23
21%
1
,
Porcupine
1.54
Delnite
Sep
Sep
<
23% July
7% Feb
16%
Moneta
1.54
13%c
1.27
Jun.
67c
27,775
95c
88C
Oct
4%C Dec
60V2c Jan
6,350
Feb
14
Jan
lc
8,000
22%
;
9V2c
9% Jan
-
Sep
15% July
3%c Jun
125
.
—100
Class "B"——:.
5
19 %
■
4,000
13%
95c
22%
•
—
15
1.75
■
6%c
.
Sep
6.10
Dec
6%c
1
Canada
—
15%
Corp
NOV
1.40 Aug
16%
Jan
3.65
13
5
:
Knitting preferred
22
1.98
Petroleum..
91c
;;
Jan
13%.
1.13
•
15
Aircraft
25
2%C
*
Mines
1.46
Cub
Sep
40c Mar
May
10%
1,095
300
8%
lis
Da vies
40c
Aug.
2%C Aug
1018
Jan
20c
13,406
'
1.00
*
Mines
of
Corp
133
35
19
9%
Mining
232
1.75
Mining
9c
;
■
Jan
,
1
common——
Lake
Gold
Monarch
20
Imperial ———___——;*
:
2%c
1
15%
Cosmos
Jan
55c
13 J,
6.00
,
1.13
—100
.Model Oils
61c
Commonwealth Petroleum
Consolidated
4.75
•
-16,695
,
2'/2c
1
Consolidated Bakeries of Canada——*
Consumers Gas
.
20
McWatters
27% Aug
Dec
61c
.
6%c'
•
395
L
5%
5%
July
11% July
7% Mar
Oct
1.18
——
<
85c
;
..13
--V.
......
common
Red
Oct
215
215
McKenzie
39
1.87
Mines
80c
500
■
27c
27c
85c
Feb
Nov
%c Jan
;
-
Dec
10c
29%
•:
l % c May
5,186
14,350
8.75.
July
21%
6'/ Mar
2,200
1%C
1
Mines.
Orange Crush preferred
Coniaurum
4%C
1%
8.40
.
27c"
•
'
Porcupine Mines
Mclntyre
Oct
151
1.36
—.
4c
—
—
common..—6% " ■% ' 6%'
Frontenac
25
1.97
Co
Jan
8.75
Apr
24
Oct
13c
Jun
39%
'■
Vl7v.v Jan
4%c
•
A
Preferred
27%'Jan
V:,V.'
42
42
McColl
oct
100
161/2
151/2
10%
6%
42% Nov
385
;
145 1471/2
■
i
Jan
1.35
Gold
—*
Plow
Nov
1,000
i
11
Cockshutt
27%
26c
24c
1
Preferred
142 y4 Aug
Nov
22
Gold Mines—1
Willans
Cochenour
116
880
i
Maralgo Mines
Sep
425
& Smelting———*
Gold Mines.
I
Chesterville Larder Lake
Chromium Mining
100
Jan
1,500
3
—
Sep
93
260
Canadian Wirebound Boxes
Central Porcupine
July
Jan
3,781
5.90
;
class
Milling
6%
40
25
"1
July
90
112%
5c
5c :
26c
.i*
& Eastern Mines
Leaf
Preferred
Oct
68
5%
I100
Preferred'
Canadian
*
100
,
5,738
30'/8
—6.00
Fields
Gold
Jan
133
11%
Maple
May
Lake
Red
Jan
2%
66
19
I
Oct
July
Jan
5
83c
Ltd
Mines.
Manitoba
Jun
38
5%
42
<——_
28
17
90
35
,
115
-
66c
;
Jan
21 %
•
Malartic
Jun
150
Jan
59
20
Malartic
115
Feb
10%
55
98
98
•
14%
Gold Mines Ltd
Groceterias
Madsen
Oct
39%
—50
Canadian
99
98
80c
MacLeod-CocKShutt Gold Mines
12 July
Nov
132 '/a
._—*
Mar
13%
B
Macassa
Oct
:
98
Jan
10
41/2
44
79'/a Jan
21
5%
-
26c
625
.
Sep
17% July
12%
July
31%
15%
1,700*
.
1
Little Long Lac
Sep
Dec
89
«•
53c
15' 15%
83c
Gold Mines, Ltd
Jun
Jan
65
IlOO
—-
Food
52c
i:
,
Dec
185
Mar
14%
:
Candy^
9
19
41/2
Dredge
Canadian
10
Sep
73%
11% Jan
1,500
July
32% Mar
;
Jan
3,545
1
Mines
Gold
Cadillac
35c
9%
& Dock———
Products—
Canadian
157
..
14%
11%
——1
Ltd
Oro Mines
Leitch
92
35
common
148
159 160%
21%
1
Ltd—
Sons
Laura Secord
Oct
100
II25
————
Celanese
Lapa
273
8
preferred
■■
19 %
1
Mines—.—
Gold
&
Jan
145 1451/2
12
Jan
21%
Bay Mines——1
Mines,
Jan
4%
—
New
Sep
2.60
.
Canadian
Lang
20
8
22%
55
—
•
1
1
—
Shore
Lamaque
11% July
Jan
21c
568
901/2
—
Lake
Dec
4c
Jan
1.15
3,000
7 «/a
Hudson
Aug
17
Mar
105
Power
32
43
21%
_1
Mines
Mines
Lake Dufault Mines Ltd..
Feb
9%
5.950
.
23'/aC
43'/2
•
73%
29%
1
—
Gold
Gold
Lake
Lebel
1.98
Mines
Consolidated
M.
Kerr-Addison
Kirk
19
91
>
21%
;
Kirkland
104
Corp.—-—--*
—*
Canada Permanent Mortgage Corp..100
Canada Steamship Lines common
•
Preferred
50
Canada Wire & Cable. "A".
*
Canadian Bakeries
*
Preferred
100
Canadian Bank of Commerce
100
Canadian Breweries common
•
Preferred
-*
Canadian Canners 1st preferred
.20
Jan
—
—1
—
Mines
Jellicoe
J.
.
July
13
1,500
9%
—*
Mar
3 V4C
3c
Packers
26 Va
14%
—
<
—•
:
Nov
13c
350
7
835
'
200
23c
29%
99
"A"_
Co—
Nov
4.uu
17,200
C!%
Jason
Mining
77c
Jan
3.25
15V4
July
Waite
84 %c
Jan
1.60
3.20
31c
3c
10%
15%'
*
common—
Utilities class
International
Oct
4%c Mar
8%c 10 %C
-1
Northern
19%c
98,925
7c
7 %
Canada
21
115
67c
9%
*
Jan
21%
77c 84'/a C
9c
Jan
.—
•
.
100
Petroleum
International
Jan
Jan
60c
3.25
Nickel
7.40
21
7c
6c
17 %c
/
150
14 %
11
:—.——100
preferred——100
preferred —
Milling
14y2
221/2
83c
"A"
Aug
1,110
/
23%
c
"63c
2,600
20c
23%
7%
Nov
2,400
71
—•
:
ey2
;
*
Preferred
:
—100
Canada & Foundry Forgings "A".—*
Canada
Preferred
10 Mar
9%c
C6c
Canada Cement common
Canada Malting Co——
International Metal common A.
Sep
20
7%
—*
Ltd—
Calgary & Edmonton Corp
Sen
1.10
103,600
———
Calmont Oils Ltd.
Oct
160
81/2
22'/2
class A——.*
—*
Broulan Porcupine Mines, Ltd..
1
Brown Oil
*
Buffalo Ankerite Gold Mines—*
Buffalo Canadian Gold Mines——-—*
Building Products Ltd
—
*
Bunker Hill Extension Mines...———*
common
24
Jan
Jun
39c
20c
21%
British Columbia Power
Dominion Oil—..
Co
Feb
Jan
22 »/a
High
4,000
28%
;
28%
/Imperial Bank of Canada——.1.—100
Imperial Oil
—
_•
Imperial Tobacco ordinary
—„—5
Inspiration Min & Develop___«^„;——1
6%
ll%c UI/2C
Packers.——.——-*
Steel
Sep
60
23%
British
Burlington
1.87
9%
20c
Ltd.
——
*
Brazilian Traction Light & Pwr com—*
Brewers & Distillers—
5
British American Oil
•
British Columbia
49y2o Jun
8'/2
Mines,
LOW
3%c
'28c 28 %c
3%c
28c
100
& Erie Mtge
Huron
July
70c
15
2,000
9c
Range Since January 1
High
Low
3%c
Bay Mining & Smelting—_—•
Hudson
17%c July
15
Gold Mines—
361/2 c
39c
—J
J
—
Howey
1
Homestead Oil & Gas—
9
■
* '
■"
1
Oct
40
140%
10
143
90c
V
—._u—
Mines Ltd.——.—c.
Bonetal Gold Mines
,
22
22
90c
——J
Bobjo
1.66
153 156%
—1
--5
Gold.—,
,
V-
Shares
"
39c
1.58
100
;
Bertram & Sons—,
Bralorne
11c
1.65
Berens River Mines
Biltmore Hats
Feb
■
Par
Nov
255
Nov
21
1
Beattle Gold Mines Ltd
Bidgood Kirkland
230
35
10'/2C
.——*
Bathurst Power & Paper "A"
*
Bear Exploration & Radium—
1
25
39
39
Mining-—-.:
Metals
Base
235
'1^:11'■
Hiah
•
,
233
ICO
50
Bank of Toronto
Low
Hi oh
Low
nPar
.
for Week
Range
of Prices
Sale Price
Range Since Jannary 1
Shares
Sales
Week's
Last
7- STOCKS—
for Week
Range
Last
Friday
Sales
Week's
Friday
STOCKS—
Monday, December 13,1943
CHRONICLE
THE COMMERCIAL & FINANCIAL
2394
Apr
74c
Jun
Dec
10'A
Jun
5%
•-
55 July
•
-
18c
Feb
6
Jan
9
Julv
20
Aug
26
July
32%
Nov
37
Feb
10c
Jun
6
Apr
5V2c
3%
95c
Jan
Nov
Jan
1.85
Sep
158
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4237
Week's
Friday
Sales
"
'
*
Last
STOCKS-
■
?
•
Toronto Stock Exchange-Curb Section
■
Range Since January 1
Shares
of Prices
Par
'
for Week
Range
Sale Price
High
5.90
6.00
1,867
12 %c 14 Vac
74,000
Canadian
High
Lota
Low
2395
Dec. 4 to Dec. 10 both
Ventures, Ltd.
Vermilata
Vulcan
-
5.95
-
—I
Oils
Oil
13 %C
i.
—_
20C
4,40
9%c Jan
20c
500
20c
V
Waite-Amulet
Mines, Ltd__
& Worts
Preferred
——
Preferred
Westons
•
Ltd
preferred..:
: 4.65
3,269
Jan
5.80 Aug
61 %'
897
47
Jan
64
20%
21%
785
19=
Jan
21% Aug
Canada
19c
Jan
24c
Canadian
.'
23c 23V4C
—
4%
Jan
Jan
215
Feb
122
14%
15
„A.%.—————100'-■ :-A;
i.
;
3c
4,000
6%
6Va
58%
59 Va
92
92
2.90
3.00
9,085
11c
12c
31,200
105
Mines
Wrigltt-Hargreaves
York
Mills
Knitting
—
•
Mines
Yankee Girl Gold
Ymir
100
2.97
—A.*
ll%c
—*
common
-
7 Va
—
:
deHavilland
Jan
30
75
6'/a
Apr
75
6V2
Jan
1.90
1.95
300
1.00
1.05
300
1.90
,_5
_
1.0U
—*
5 Va
4%
5%
4,638
3
34c
1,120
29c
Jan
f
=
•%'
Feb
95
! NOV
2(50 Jan
4.20
Apr
12c
10
1.80
Nov
4
4
50
3
500
22
1.24
1.25
800
'78c
Jan
15
15
35
25
3c
1,500
47c
Dec
1.25
Jun
6% July
Dec
23
Nov
3 % May
Jan
1.00
27/sc Jan
Jun
6'A Mar
31
July
100
—„
Oil. Selections.------.-2—>
3c
8
1.75 Jun
15
Apr
Nov
7c
May
Dec
Mar
8C
■
8 July
5'% Mar
Feb
45
Feb
26
$3,000
85c
22%
—
Osisko Lake Mines.,.
Oreille
Pend
Mines
l
12c
15c
1,500
7%c
1.38
1.38
600
1.05
Walkerville
Jan
25c
;
Brewery
25c
50
1
Cc
8c
8%c
1,000
1.75
1.75
1.75
100
Jun
25c
Dec
1.25 Mar
Dec
25c
Sep
1.90
5'Ac Jan
»
Mining Co
25c
Apr
a
Metals.—
&
Stop & Shop Ltd
30
8% Nov
Jan
33c
Corp—.—
Oil & Gas__
Foothills
Temiskaming
*
High
8
9'A
Aircraft
Humberstone Shoe
BONDS—
Uchi G%
Low
8
9
9
Co—A
Bridge
Range Since January J
High
5c July
8'A July
63
Oct
Low
*
——I
—.
Paper
Oil
Dominion
Nov
106
May
5
7%
Consolidated
Shares
33c
Marconi
-
for Week
<•
Vinegars^——
Dalhousie
July
17
J
Mills
Coast Copper
Dec
May
69
10
Silk
Jun
tc
20"
375
:
Alexander & James pfd
Wood,
'
4%
..
550
i
Bruck
Sep
122
Jan
20
2%C
58%
Mines—
1
Winnipeg Electric common
•
Preferred—
—■
——.100
105
2%c
o:
WiltseyCoghlan
Oct
Oct,
91
Feb
'
9
10'
28
30
75
122
——
15
3,550
4%
74
100
common—————*
Preferred
Par
4.45
59 Va
w—100
Grocers
Sale Price
Sales
Range
Last
STOCKS—
4.65
Canada Flour Mills com^....*;
Western
Western
Feb
60 %
—„1
Wendigo Gold Mines
3l40
Week's
of Prices
Friday
Sep
36c
:l.
*
com
—•
.
36c
Mar
■
Funds
inclusive, compiled from official sales lists
Sep
_*
__
Walker-Gooderham
7.25
Jan
12c
Sep
2.00
Sep
OVER-THE-COUNTER MARKETS
Quotations for Friday Dec. 10
Insurance Companies
Investing Companies
Par
Bid
1
6.36
6.91
IV4
X3.18
Aeronautical Securities
Affiliated Fund Inc
AAmerex
10
Corp
Holding
American
Keystone Custodian Funds-
23%
Investlng.lOc
Foreign
13.93
15.11
V'
Oil Shares
2
6%
6%
Axe-Houghton Fund Inc
1
13.00
13.98
Stand
Assoc
Bankers
Basic
Inv
Shares
Industry
Bond
Fund
Boston
5
Fund
Chemical
Securities
Preferred
27.55
Series
Series
ACrum
.
1
1
& Forster common—10
&
preferred
•
4.61
Fund
1
17.48
..
New
18.90
3.50
5.25
-25c
1.17
1
1
21.08
12.02
Equitable Invest Corp (Mass).B
Equity Corp $3 conv pfd
1
Fidelity Fund Inc....•
28.69
29%
17.59
30.85
30%
18.92
'
■
t
'
,
Howard
&
Eaton
•
Industrial
Fixed
Trust Shares A
Trust
•
?
*
4.33
1
B
31.16
5.12
Capital Corp.
X
6.85
7.41
Stocks
Trust.
Great
Hanover
9.48
6.04
5.26
5.79
5.94
4.62
5.09
6.04
3.84
ASeries
4.24
4 ?0:
4.93
28c
:.
9.23
Group shares——
82c
shares.;—1.08
38%
47
49%'
——'
U S
Westchester Fire
10.65
Fire
6
New York
7.91
6.48
4.79
7.07
Bank of New York..
6.19
Bankers
Co.—lO
100
Bid
Guarantee
10
Class
9R
13.55
46%
Irving Trust
92
87
98%
35%
10
47%
45%
2.21
Trust
51
13.87
•
6 69
•
X87.51
9.31
1 52
5.86
Kings County Trust
—100
—
——
Lawyers Trust
102'A
37%
48%
.224:%.
234
45 %
47%
51%
199
34%
209
36%
25
89'A
93%
Public Nat'l Bank & Trust—17%
19
43%
46%
Empire Trust—
—■——50
69%
73
First National Bank—1
100 1,475
1,515
%
34%
preferred—
6.48
York Trust
...
Title Guarantee &
United States Trust
1963—————
.
90c
Boston
Valley Gas & El—
1973
4s
1964-1944
3 Vis
3s
—
•
1968
3s—1973
■%. v.'
(New Hampshire)
———1973
106%
107%
101
101%
Puget Sound Pow & Lt—
4'As
—1972
106%
106%
3'As series A
1973
—
.
1953
debs..—
2%s
Carolina
South
Elec
Colo
West
Texas
York
101%
Corp.
Power 3%s—1968
Util
24.80
19.60
21.42
7.46
8.16
5.73
16.84
6.26
18.41
15.70
—
1
1.70
15.83
17.40
.
4%s_.
1%
22%
2
24%
Dec
1943Mar 15, 1944—
Jun 15, 1944_.
Sep 15. 1944tSept. 15, 1944.
1%%
15,
%
1
%%
—
%
1
%%
99.31
1945-
%%
100.18
100.15
15,
1945-
1%%
tDec.
15,
19451946-
l
tMar 15,
1955-1945——
1955-1945...,—
3s
Jan.
1,
1956-1946
3s
May 1,
1956-1946
Ask
102 »/4
1%%
Feb
notes
3/4%
%
99,22
100
27,
3,-
Dec.
100.4
100.2
100.5
-
Other
16,
1943—
23,
1943_
b0.37
0.30%
Feb
10,
Dec.
1943
,
6, 1944
13, 1944—
b0.37
0.32%
Feb.
17,
30,
b0.37
0.32%'
Feb.
b0.37
0.32%
Mar.
bC.37
Jan. 20,' 1944
Issuet
"No
103f,V
103 ii!
103%
U S Conversion 3s—
—1940
105%
U S Conversion 3s
—1947
107
107%
1961
130
131%
,106^
Bid
Jan.
Feb.
Dec.
100.2
103%
105^
Ask
0.28%
Mar.
0.32%
24,
2,
9,
0.41%
0.63%
0.61%
0,71%
0.73%
0.74%
0.77%
Ask
b0.37
0.32%
b0,37
0.33%'
1944.
1944.
b0.37
0.33%
b0.37
0.34%
1944.
1944.
b0.375
0.35%
b0.375
0.35%
b0.375
0.35%
1944_
1944„
1944.
'
.
106
are
Ask
100.27
100.20
Bills
ft/r discount atf purchase
quoted
b0.37
Jan.
1,1944
103
32ds of a point
Int. Rate
Bid
tDec 15, 1946..——— . 1%%
100.25
tSep 15, 1947
1%%
100.18
V
Certificates of Indebtedness—
t%s Feb 1, 1944——————
b0.46
100.1
A
t%S Apr 1 1944
——
b0.65
100.20
i%s May 1,1944————
b0.63
100.17
l7As Aug. 1, 1944—
—
b0.73
99.24
V/bS Sept. 1, 1944™——.——
b0.75
100.2
t%S Oct. 1, 1944
——
b0.76
t%s Dec. 1, 1944
——
b0.79
Treasury bills-
Jan.
102 A
102%
1 00 1
100.5" 100.7
100.7 " 100.9
100.19
100.21
100
Bid
Housing Authority—
3
100%
100%
100
99
Rates
Corp—
15. 1944
108
99%
Quotations For U. S. Treasury Notes
tMar
1
—10
Apr
tlfy
1958
107
100%
Figures after decimal point represent one or more
Int. Rate
Bid
Ask
Maturity—
Maturity—
Mar 15,
Bid
100.9
3Vss—1973
79c
70c
24.05
—
Ask
& Gas—
——1972
3%S
Southern
102%
43c
i__
Corp
Public Service
103%
101
3 %s
102%
102
108%
&
.1973
103%
104%
Power & Lt
Power
Ask
(Indiana)-—
3'As series E
Panhandle Eastern Pipe Line—
v
102-,'a
5%
1,270
101%
108
Iowa
-
Reconstruction Finance
101%
.
100x1,225
101%
104%
Delaware
2.20
Corporations
1.18
-
1946-1944—
37%
4%
101%
Light 3'As—1973
Northern Indiana Public Service
2.24
Investment Banking
'
,
—1963
Light 3s
Gas
—
Calif Elec Power 3%s
—
10.12
3%s
1
Union Preferred Stock Fund—_
U
4s
53%
Bid
Public Service
Charlotte Air Line—
&
Obligations Of Governmental Agencies
Federal Land Bank Bonds—•
12
Trust
.
Ask
Bid
3s
6.40
Series C
—
Union Stock Fund B
AFirst
100.7
20
Recent Bond Issues
Atlanta
5.70
ABlair & Co
'
Ask
155
305
14%
1,485
36%
(J P) & Co Inc
100
National City Bank——.12%
Conv
New
17 %
Bank & Trust-20
Bid
145
297
.10
13%
100 1,435
25
33%
Manufactures Trust Co com__20
,
Bank & Trust—10
Corn Exchange
1
—___25c
B
12.05
15, 1945
32%
100
Morgan
10.15
Trusteed Industry Shares..
25c
Union Bond Fund series A——:
24.40',
Feb
,71
3.53
2%
———
Continental
—100
—
—
United States Treasury
tlVa%
66
30%
Par
Trust
Fulton
Guaranty Trust
389
387
10
Chase National Bank—
12.90
1
B——
11.77
Commodity Credit Corp—
2.50
Ask
21%
20 %
100
Trust
Brooklyn Trust
46
Trusteed Amer Bank Shs—
22.45
Bid
4.77
Giiy Banks & Trust Cos.
Par
Bank of the Manhattan
89.27
ASeries B
1
■
4
8.14
10.64-
._———1
.ASeries A._
America—.10
Investors Fund C„;
U S Fire-—.
367/a,
44%
3.21
!——
D—
Incorporated Investors—
-5
19.22
20.72
U S El Lt & Pwr Shares A
Independence Trust Shares—( 2.15
2.42
B
Institutional Securities Ltd—
V';.'Wellington Fund
1
shares—
27%
64'A
Fidelity & Guaranty Co__2
98%
1
Trustee Stand Oil Shares—
4.51
1.39
25%
134
32%
6.08
Trustee Stand Invest Slis—
A Series
C
—L
Series
10c
U S
61'A
4.62
94%
Sovereign Investors
v
—;
28%
128%
-.100
30%
4.06
3.40
4.09
-
27'/a
25
—10
Standard Accident
Travelers
41%
1
1
6.55
16c
Springfield Fire & Marine
10
10c
—
Selected Income Shares..1
6.54
3.08
Corp—„——l
Income Foundation Fund Inc
9%
16
68
Hartford
Atlanta
AHuron Holding
8%
14%
3.01
2.91
7.07
Republic Invest Fund
* 3.81
' 4.47
,
Home
Blackstone
—
37%
Hartford Steamboiler Inspect-10
13.8T
;
51%
35%
7.15
84.38
.—
49%
Paul Fire & Marine...—62%
9.50
2.32
—
10
Security New Haven—.—.10
8.89
f
78.53
A
Seaboard Surety
10
-
X12.97
—
St
0
Chemical Bank & Trust
Inc Shares
24%
19%
Commercial National Bank &
1
28%
22'A
44%
American
1
—10c
x26%
10
64
2.57
Fund
6%
10
Fire
5
2!63
1958—111——£-.IIIl
36%
4%
46%
Ins. com.
1
piymouth Fund Inc
34%
.2
17%
Central Hanover Bank & Trust 20
•
15%
.10
(NY).
(Texas)..
(Paul)
47%
88 VA'.
14
42%
43 %
5
1953
(Geo)
Corp
84'A
5
5
Rutgers Fire
1
shares
of
6.19
Revere
27%
25%
preferred
&
•
Tobacco shares
Co
2nd
Preferred Accident
10
Marine
&
Globe & Republic
♦
shares
Insurance Group
10.52
Super Corp of Amer AA
shares..——————
Investment
12.72
Fire
Spencer Trask Fund
RR Equipment shares
Bank
Gibraltar
Glens Falls Fire
State St Investment Corp
shares.
Aviation Group
Republic
General Reinsurance Corp
shares
5.90
5.49
Common
12%
6.5C
Price Shares—
Utility
11%
7.57
Mining shares..——
v
_5
7.39
Merchandise shares—.———
Steel
Reinsurance
5
4%
93
111%
45'A
10
Providence-Washington
5 62
^
10
Co—
89'/a
1955-II1
Series
Indemnity
66 %
5.91
Investing
Pacific
85%.
Newark
23%
•
106%
Fire
Phoenix
45%
:
25
Pacific
149
4
88%
62%
4.55
38%
Series 1956
Putnam
5
——12.50
10
6.88
•
Northern
10
shares—6.72
Industrial Machinery shares—
Northeastern
40%
34%
62%
River—
Fire Assn of Phlla
5.21
—
39
Serles
...
21%
37
Spries
33.5 u
5.52
46%
14%
—2.50
x38
4.15
5.30
30%
Fire.
10
of
27%
13%
North
Fire—
25%
28%
5
Franklin
8
193
x44%
19%
41%
60%
6%
5
17%
143
57%
183
10
^.10
Firemen's
:9.66
—10
24%
10
10
10
7%
5%
22%
;
York
New
31%
58%
48%
;
6%
New Hampshire Fire-
23%
20
4.73
.1
New Brunswick
5.85
5.60
22%
Fidelity & Deposit of Md
6.42
Railroad equipment
gteel
Selected Amer Shares—.—
General bond shares
/
.88%
New
5
4A4
Railroad""——III—III—
7.18
Petroleum
x83%
100
Fire
9 68
6.16
Railroad
25
Bankers & Shippers
6.91
7.19
—
__
6.53
Low
7%
7.40
9.69
5.60
Administered
6%
American
(Detroit)—10
Liberty—
—.2
Union Fire———20
Amsterdam Casualty
2
8.08
——*
Chemical shares——
Fully
2%
Baltimore
;
6.52
Building shares
Food shares
National
7.37
.
4
National
43%
6.51
8.64
6.25
8.S3
National Fire———
60%
40 %
5.91
6.24
7.87
——
—
5.30
Equipment
16
58
10
5.62
-I—I—
Scudder, Stevens & Clark :
Fund, Inc
Electrical
14%
25
Globe
_
5.68
shares
shares.:
10
Surety
5.88
Quarterly
6.43
shares—
Reserve
9 77
1
Y_;
9%
7%
5 Vs
American
3.07
Inc—
Amer Trust
N
American
11.80
■;
Metals
North
Fire
Ins
Federal
2.70
6.07
4.11
stock
olls
Mfrs
&
Fireman's Fd of San Fran
—
Machinery
Merch
Re-Insurance
22.60 '
Group Securities—
Automobile
1.34
Electrical equipment
Insurance stock
:
4.57
Aviation
1.21
1.87
3.60
Agricultural
3.45
25c
5.77 % North Amer Bond Trust ctfs
20.62
General Investqrs
—•
Securities—
1.70
A—1
General
Employees Group
Employers Reinsurance
5.18
Ino——2
Invest
11.23,
Inc
.5
7
Shares
Trust
Fundamental
Fund
Chemical
.
Fundamental Trust Shares A__ii
Foundation
Continental Casualty
Inc_
Fund,
Fund
Mutual
Connecticut General Life
10.56
Building supply
t
First
21.44
10
19.94
9.82
10.27
1
series
York
—Bank
-
®ala"ce^ vFund--—
Stock Fund
Financial
—1
Fund
Aviation
21.6d
.12 90
Shares
4.08
City of New York
series B shares.
Automobile
6.00
1.29
.
10c
4.49
38.10
¥_
.
American
Boston
Agriculture
—
-
—*
—
D—
Camden
New England Fund
.
—2 50
C
8.73
Low priced bond series—
Preferred stock series
Diversified Trustee Shares—
Dividend
7.94
voting shares
Income
28
31
111%
Cumulative Trust Shares
Delaware
„_10c
Low priced stock common
Bond series
—
•—
_
2?
100
.
91.61
10
89.77
37.34
National Investors Corp.
National Security Series-
1.18
10
shares
B
ACommcn
v
26 >'%.v
Insurance—
Forster
A7%
2.62
2.62
100
preferred
A8%
Crum
(Md)
__
—
mod
Invest
Natlon-Wide
2.18 —
2.18
■
mod
AA
ACC
Mutual
52%
Automobile
Trust
2d
Casualty
10
6.31
...
Investors
(Colo)
1
1
AA
Accumulative series
Mass
National
14%
4,29
Maryland Fund Inc.:-
38
2 32
—
Mass Investors
4.84
X4.55
36
1
Corporate Trust Shares
Series
29.62
1
9.46
10.24
com—100 2,290
2,390
;
100
141
146
1
Trust——1
Investment
Common
45%
Fire
2%
9.76
Manhattan Bond Fund Inc—
Merchant Fire'Assur——.5
Monarch
of Newark
12.91
Loomls Sayles Sec Fund
3.65
75%
15%
55%
Equitable
Fidelity & Casualty_5
5.75
23.03
15,.48
41%
8%
6%
72%
11%
19%
12%
American
8.86
3.82
26.85
14.13
38%
Jersey insurance of N
Knickerbocker
Maryland
American
11.73
_*
20
—5
Casualty
—__i
Massachusetts Bonding
—12%
77
23%
American
17.07
Fund...
84%
73%
10%
18%
11%
25.16
S-4
X3.05
,
37%
16%
82
21%
American Casualty
:
Knickerbocker
35%
4*k
14%
10
—10
5
Alliance
15.78
22.91
S-3
Series
__
102.80
10
Fire
Insur Co of North America
56%
10
Agricultural
American
Homestead
144%
54%
25
Life
Aetna
136%
10
Bid
Par
Ask
10
15.58
S-2
Bid
Par
:
Loomls Sayles Mut Fund
Commonwealth Invest
Consol
K-l
17.447
*
Century Shares Trust
Christiana
9.47
1
Ltd—
Fund
Inv
8.64
16.22
5
Ltd
Fund
Bullock
B-4
1
Inc
Broad Street Invest Co Inc
Canadian
19.21
Series
5
3.65
98.69
28.10
17.62
Series
3%
4'A
America
of
Tr
3%
5
10
preferred
A6%
,
1
...
28.51
25.61
Series K-2—
Series S-l
Nat Investing—
A Common
27.19
B-3
Scries
'V
B-2
Series
Series
3.50
B-l
Scries
..
3.20
y
Surety
Aetna Casual &
Aetna
Series
3.48
22Vs
1
American Business Shares
Ask
Bid
Par
Ask
Panama
Canal 3s
105%
105%
value,
par
a
Odd
lot
sales,
b Yield
price,
c
Ex-liquidating
a share
23, 1943. d Deferred
x Ex-dividend, y ExAQuotations not furnished
dividend of $31.50
payable Nov. 30, 1943, to Adams Oil & Gas Co. stockholders of record Nov.
delivery,
r Canadian market,
s Cash sale—not included in range for year,
rights.
by
tin
sponsor
default.
or
issuer.
tThese
bonds are subject to
all Federal taxes.
'
THE COMMERCIAL & FINANCIAL CHRONICLE
23%
Monday,"December 13, 1943
Week
THE COURSE OF BANK CLEARINGS
clearings this week will show an increase compared with a year ago.
Bank
'
-
'
Pre-
West
South
~
"
Chicago
-
-----
Philadelphia":;::::,-—
Boston
———
503,000,000
429,000,000
—
275,355,885
158,966,945
287,038,407
136,004,015
__
CitV
Kansas
'
—
126,400,000
—
———
134,600,000
..i*.....—221,223,000
Pittsburgh
""
192,267,693
Cleveland
""
—
157,696,885
Baltimore--——;—
——
113,271,932
Louis
St.
^
—
Francisco
San
■
210,121,000
199,476,062
159,967,489
104,930,180
-*
—
-
Other'cities, five days——.
f
—
'
■
$7,857,794,320
■■
'
7
...
■
.
■
a summary
<
Federal
Total
-
v ."1,
New
3d
Philadelphia
-
~
~
6th Atlanta
1
Sth Chioago
flfhdt Louis
9th
10th
:
—
"
502,136,181
«
"
4
7
10
—
CitV
-
--
Firan"c"iSOO;:;-
"no
Total
Outside New
,
"
-
"
11th Dallas
12th San
"
"
"
°
"
-
Minneapolis""
KaSdas
—
10
--'7
6
10
-i7
4th Cleveland
6th R ichmond
6
10
York"!
2d
2,142,406
+ 9.8
570,255,535 "'+' 9.0
271,637,744
H-9.8
198,020,320
+ 9.0
272,042,265
+13.6
122,843,711
+14.0
526.406,040
56,115,986
~~
617,567,466
add our detailed
7
.
First Federal Reserve
Maine—Bangor
Portland
Fall River
-
Lowell
New
Bedford—-
Springfield
"
—
"Worcester
*
—-
Connecticut—Hartford—
New
Rhode
New
—
Binghamton—
—
New
4,623,295
3,257,547
19,549,087
1,141,523
—13.7
6,565,592
14,457,600
1,409,612
—31.9
2,188,569
517,562,334
New
1,445,527
13,104,190
——...
5,707,919
.
+13.3
—19.3
+12.7
,—18.4
29.387,025
+
59,011,242
_
42,586,050
+38.2
37,357,351
4,693,654,038
+14.7
3,935,774,915
(12 cities)
....
1,461 040
5,280,919
1,719,477
2,019,754
1,646,379
474,611
5,510,848
5,459,864
2,145,768
+ 13.3
1,997,337
+
32.0
621,687,651
_____
570,255,535
+
9.0
559,115,862
444,063,076
0.9
+
...
+
15.0
144,200,000
112,000,000
+
2.4
1.5
1,26o!oOO
50,000,000
43,502,906
43,464,931
+
881,000
+ 43.0
958,000
—298,174,235
271,637,744
9.8
'238,660,906
—13.8
8.0
4,236,208
106,365,220
78,584,102
+15.6
45,908,281
33.558,814
3,523,949
2.856,809
(4 cities)
4,459,661
Dakota—Fargo
Dakota—Aberdeen
133,594,087
55,046,865
...
5,171,894
144,310,752
Paul
+
34,364,770
723,000
;
190,252,708
District—Minneapolis-
47,603,374
3,625,967
+
3,78b,826
1,539,290
'•*
3,381,727
~
4.2
—
0.6
1,319,851
1,241,048
+36.3
5i244,267
1,405,687
1,083,284
5,091,801
+
3.0
4,498,649
3,887,199
215,909,292
198,028,320
+.9.0
167,257,845
124,267,266
1.521L879
.«
1,691,901
.
(7 cities)
Nebraska—Fremont
Lincoln
220 884
.
915,331
68,669,539
2,425,659
...
Wichita-
Joseph
2,186,125
2,176,010
3.5
4,069,444
+ 14.8
134,754,231
3,818,502
107,481,404
5,077,726
+ 45.9
4,032,684
1,085.325
—26.8
782,596
798,436
794,802
928^952
854,064
Springs
—
Total (9 cities).,
^09,066,918
....
3,066,033
35,031,667
—14.3
182,706,262
7,407,633
.
Pueblo
175,594
3,709,520
45,994,764
'
6,424.456
209,799,491
....
130,679
5.2
—
2,831,298
6,202,160
Missouri—Kansas City____i
Colorado—Colorado
+ 24.0
+ 12.6
4,215,514
77,292,056
—
Kansas—Topeka.
St.
178,081
—3,995!281
—
Omaha
—
8.8
+
272,042,265
+13.6
197,358,479
3,798,937
1,493,651.
769,240
157,811,038
Eleventh Federal Reserve District—Dallas—
2,351,043 /
110,698,692
17,106,502
2,465,423
100,081,515
12,012,598
3.022,000
2,245,000
+
j
235
1,285,767
—5,044[207
4,753,408
122,843.711
;
Fort Worth
Galveston..
4.6
+
139,980,679
Dallas....
—
Falls
—
2,088,772
85,410,219
+10.6
(6 cities)
1,818,178
62,620.747
+ 42.4
12,925,541
34.6
3,492,000
+ 36.8
1,474,686
1,109,591
5,124,132
3,737,377
+14.0
110,515,350
80,288,556
—10.9
63,316,545
47,544,825
6.1'
8,527,663
2,475,000
Twelfth Federal Reserve
District—San Francisco— +
Washington—Seattle
"
^25,980,725
3.0
...
80 297 000
......
Yakima
Utah—Salt Lake City
■
1,882, 499
+ 66.6
1,594,856
1,254,512
83,205 082
—16.9
50,844,627
25,369,699
38,097,302
*m
California—Long Beach
Pasadena
1 ?q 047
32,333, 032
15'725*384
4 219*079
;
San Francisco—
—x
5,866, 708
3.398, 219
5.6
+•
+ 168.1
7,421,627
4,319,266
+ 24.2
4,406,818
3.911,087
177,074,000'
28345T0G0
6,312,242
(10 cities)
■
5,119. 256
+23.3
4,956,975
3,788,115
1,779, 076
+28.0
2,171,486
1,827,862
3,768, 956
+
0.4
3,895,973
2,366,306
502,136,181
a
Stockton...
298,960, 000
3,782,160
<
5.3
20,040,173
2,277,617
San Jose.
Total
90,093, 212
3' 135488
69!l00i264
0.c ilies}—
526,406,040
—
4.6
394,244,395
300,311,000
—
9,091,533,862'
9,639,573,408
York
4,472,675,032
4,566,163,809
Week
Canada-
1943
230,353,741
6.6
7,598,543,512
2.0
•
3,815,010,081
Endec
1942
$
$
6,282,334,258
2,992,085,621
-
1941
1940
$
Inc. or'
$
Dec, %
Toronto
.
—H
"SSI
Montreal
Winnipeg
'
,
,
•
Vancouver
Ottawa
Quebec.
"
.1_~:
Halifax
Total
347,737,350
1,847,855
5,010,596
2,162,547
Tenth Federal Reserve District—Kansas
City-
3,411,620,021
30,269,224
445,876,639
5.0
+ 37,9
—
45,484,891
Total
5,282,686
426.206
21,516,747
31,436,262
'
4,233,326
2,431,519
'
—.
Helena—________
8,263,672
1,365,746
37,400,000
777,416
840,371
3,290.248,637
9.359.240
4,703,038
5,385,814,690
' '
Newark——_
Northern New Jersey
6,491,677
.
451,741
.
12,004,086
5,053,367
516,252
311,318,749
9,827,811
1,542,235
50,900,000
912,885
1,134,070
3,783,533,431
11,336,027
6,306,471
6,443,442
500,467
+364.5
'+ 1.6
+10.4'
—18.0
+10.2
+14.2
553,542
7,307,719
—.—*
15,618,138
66,171,853
St.
1-,652,989b?
384,567,193
—22.0
11,567,466
7,073,297
Jersey—Montclair—
1,985,498
1.3
5.5
+ 12.2
427,606
1,769,032
+
159,100,000
Sri J New
1,219,865
Connecticut—Stamford
+ 13.4
46 183 999
Om
Outside
59,000,000
2,572,522
2,636,119
—
Ninth Federal Reserve
6,399.100
12,343,000
—14.5
i-
Syracuse
7,113,155
23,359,660
+
443,907,569
1,919,365
1,823,709
Minneapolis——
2,410,632
14,463,139
8,619,594
4,525,370,053
—
589,667
498.171,282
Minnesota—Duluth
4,377,154
2,961,600
18,253,655
18,934,900
5,166,898,376
Rochester
29,806,304
67,730,236
Total
4,562,431
+32.0
+ 6.9
+ 4.5
—16.6
—
1,234,805
1,344,440
York
7,320,296
9.4
—
183,000,000
Total
709,115
2,311,332
264,473,253
881,946
455,757
840,830
856,392
3,534,529
328,448,078
1,056,520
540,704
6.5
—48.1
—23.0
—11.4
+ 13.2
887,168
7,756,992
449,799,550
1,116,031
373,753
65,121,000
1,185,991
.
-
2,^87,911
25,174,000
—21.4
2.016,835
(17 cities)
2,891,481
27,910,000
3,370,625
+ 61.2
6,915,959
Peoria
7,6
—
13,891,951
...
3,960,855
2,417,474
5.3
—
3,051,592
2,287,507
533,813
4,596,907
2,787,813
'
0.7
Kentucky—Louisville.
5
1,580,742
Elmira
32,693,000
558,256
+ 10.6
+
7,294,558
Louisiana—Shreveport
$
7,277,794
Buffalo^
Jamestown
+ 34.1
494,987
4,977,244
2,933,386
3,305,940
.
.
33,806,890
—
663,738
Tennessee—Memphis
Illinois—Quincy
4
Dec- %
—1,605,958
York—Albany—
222,004,559
14,068,582
City...
Missouri—St, Louis
Second Federal Reserve District—New York—
New
266,044,790
245,770
Eighth Federal Reserve District—St. Louis—
515,727,944
$
'
403,624,344
9.8
•.'.+,
346,887,539
9,417,910
Total
2,992,055,621
960,407
(12 cities)
43,860,982
6,282,334,258
7,370,083
-
Hampshire—Manchester—-—
Total
7,598,543,512
16,339,600
Haven—
Island—Providence
59,903,666
1940
3,404,105
16,304,591
i
-
2,606,517
0.3
34,69S,222
Rockford
300,311,000
1941
4,940,322
-
'
3,461,654
245,491
7,400,903
—
Springfield——
157.811,038
80,288,556
Inc. or
829,914
4,025,019
346,408.364
989,357
422,966
1.629,616
~
Massachusetts—Boston
27,866,579
1.2
4.0
31,426,814
.
124,267,266
1942
District—Boston—
——
Haute
Wichita
$
Clearings at—
36,879,183
+
5,502,484
,
Decatur...______
.
3,815,010,081
Dec.
1,742,132
29,016,000
30,954,000
4,917,806
Illinois—Bloomington
Chicago
—;
1940
577,029,850
Ended
1,564,363
1,695,452
23,368,000
3,952,847
3,055,268
...
....
Bend
Sioux
.
Week
2,876,277
9.5
14.5
+
86,636,361., +
380,873,326
..._
Texas—Austin
1943
22,764,128
87,400,000
+
Iowa—Cedar Rapids
Des Moines
statement showing the figures for each city for the
four years:
week ended Dec. 4 for
29,392,323
102,100,000
—
271,731,
86,935,620
.
,
(10 cities).....
Terre
5
311,318,749
3,411,620,021
502,640,417
357,236,913
180,519.955
222,004,559
444.063,076
190,252,708
394,244,395
t
4,936,083
6,122,744
6.2
+ 23.4
5,008,327
282,499
Wisconsin—Milwaukee
"
167,257,845
8.4
+ 2.7
180,519,955
—10.7
45,477,266
5,070,116
!
■
Montana—Billings
197,358,479
110,515,350
+
233,834,522
+
*2,100,000
38,723,018
.....
South
1941
238,660,906
4.6
—
4,566,163,809
t
1.4
-
9,091,533,862
"
-
35,180,095
+ 12.5
2,397,953
*1,900,000
Indianapolis..
:i- ]
$
384,567,193
3,935,774,915
646,748,590
464,370,665
233,884,522
266,044,790
559,115,862
91,378,342
39,248,968
'
North
+14.7
+ 0.9
+ 4.0
607,051,536
296,574,208
346,887,539
9,855,482,700
32 cities
now
,
4,693,654,038
668,590,592
4,688,584,324
cities
"York" City—-
Canada
We
®
517,562,334
125,300,000
44,329,119
Grand Rapids...
Lansing
+12.8
.
Inc. or
Dec. •
—22.0
1942
403,624,344
5,385,814,690
.674,476,654
631,231,143
292,507,587
380,873,326
621,687,651
298,174,235
215,909,292
309,066,918
339,980,679
12 cities
12
"
—
—
:
.
1,642,790
123,210,129
Seventh Federal Reserve District—Chicago—
by Federal Reserve Districts:
1943
$
Districts
Reserve
Week Ended Dec. 4"
1st Boston
+ 32.0
2/126,959
7.7
+
34,783,688
141,000 000
...
Louisiana—New Orleans.—:
OF BANK CLEARINGS
SUMMARY
6,189,195
8,170,839
_____
Mobile.
+10.7
4.6%.
furnish
1.4
Alabama—Birmingham
the Saturday figures are not available at
In the following we
296,574,208
—16.9
—14.3
■'
•'
36.926,741
1
....
Mississippi—Vicksburg.
.
i'
■2,638i239
Augusta.
Macon
time of going ;to press.
Accordingly, in the above the last day of the week in all cases has to be estimated.
In the elaborate detailed statement, however, which we present further below
we are able to give the final and complete results for the week previous—the week
ended Dec. 4.
For that week there was an increase of 8.4%, the aggregate of
clearings for the whole country having amounted to $9,855,482,7007 against $9,091,533,862 in the same week in 1942.
Outside of this city there was a increase of
2.7%, the bank clearings at this center having recorded an increase of 14.2%.
We
group the cities according to the Federal Reserve Districts in which they are located
and from this it appears that in the New York District (including this city) the totals
show a gain of 14.7% and in the Philadelphia Reserve District of 0.9%, but in the
Boston Reserve District the totals show a loss of 22.0%.
In the Cleveland Reserve
District the totals show an increase of 4.0% and in the Atlanta Reserve District of
9.8%, but in the Richmond Reserve District the totals show a decrease of 1.4%.
In
the Chicago Reserve District the totals register an improvement of 9.0%, in the St.
Louis Reserve District of 9.8% and in the Minneapolis Reserve District of 9.0%.
In
the Kansas City Reserve District the totals are larger by 13.6% and in the Dallas
Reserve District by 14.0% but in the San Francisco Reserve District the totals are
smaller by
4,282,000
47,245,881
48,360,465
'
790,847
5,390,000
62,883,219
149,497,198
Florida—Jacksonville..!
Complete and exact details for the week covered by the foregoing will appear
in our issue of next week.
We cannot furnish them today, in as much as the week
ends Saturday and
1,025,247
7.3
2,191,939
Nashville..—!____—_—__
South
■
+ 28.4
292,507,587
(6 Cities)
Georgia—Atlanta.,
+'. 1.0
week
cities for
all
$
—11.4
—
.41,449,557
Indiana—Fort Wayne..
Total
1,009,522
7,139,000
87,929,784
;
Michigan—Ann Arbor...—...
$6,423,300,955
1,434,493,365
1940
1941
Sixth Federal Reserve District—Atlanta-
+15.4
+ 2.8
$8,696,851,366
day
Ohe
Total
'
—
cities,
,
'■<
4
or
161,019,010
-
Columbia—Washington.* v
/
.
—.—$7,247,376,138
<—■
1,449,475,228
Total all cities, fivs days
All
Carolina—Charleston
District of
+21.1
+ 8.6
+ 7.2
— 4.1
+16.9
+ 6.5
+, 5.3
— 3.6
— 1.4
+ 7.9
$5,096,624,664
,
1,326,676,296
$5,883,548,493
1,363,827,645
five days—-——----————————----—
cities,
Ten
1,296,228
Tennessee— Knoxville
%
1943
1942
$3,759,781,655 $3,105,242,907
367,384,498 •
338,444,604
11
-
Inc.
Dec, %
77,931,853
__
Maryland—Baltimore
by Telegraph
Clearings—Returns
$
6,619,000
Richmond
week last year. Our preliminary total
stands at $8,696,851,366, against $7,857,794,320 for the same week in 1942.
At this
center there is an increase for the week ended Friday of 21.1%.
Our comparative
summary for the week follows:
Week Ending Dec.
Virginia—Huntington
Virginia—Norfolk
above those for the corresponding
York*
Dec.'
Ended
1942
Fifth Federal Reserve District—Richmond—
liminary figures compiled by us, based upon telegraphic advices from the chief cities
of the country, indicate that for the week ended Saturday, Dec. 11, clearings from all
cities of the United States from which it is possible to obtain weekly clearings will
New
1943
$
'
be 10 7%
'"
J
Hamilton
■
■
,
Calgary
Third Federal Reserve
St.
District—Philadelphia—
Pennsylvania—Altoona
521,649
Chester
486,558
1,210,882
Bethlehem
1,404,910
Philadelphia
Scranton
u:
—A
Wilkes-Barre
_»
York
1,377,960
2,890,598
1,473,332
1,383,387
„
5,433,100
631,000,000
1,422,465
—
8 9
2,836,440
2,477,065
+
6.1
1,606,773
1,419,531
1,601.803
+ 14.0
—45.3
1,860,632
3,314,800
I
Total
(10 cities):
674,476,654
668,590,592
Ohio—Canton—
Moose
_
time
5,387,255
_
Cincinnati
+39.1
3,873,910
103,837,539
110,762,922
227,880,033
205,706,218
18.887,000
,
Columbus
17,377,400
3,065.687
3,094,265
6.2
92,976,591
64,917,258
+10.8
161,375,977
15v541,400
123,347,600
—
.
+
8.7
Mansfield
2,216.911
2.552.134
Youngstown
3,357,642
3,263,865
+
2.9
263,515,087
+
2.3-
>y
ir.»r
u.
...
,<r
Hat
1
Sherbrooke
.
—13.1
'
Windsor
Prtnce Albert
Moncton
^
14.040,400
2,664,812
269,664,763..
.
1,848,853
3,577,408
2,683,845
Chatham—...^—
185,140,212
'
147,333.270
Sudbury..:
..
4"
.
'
(7 cities)—_—
available
press.
^
.
Pennsylvania—Pittsburgh-
tCanadian
going to
Kitchener
Cleveland—
Total
of
-J:
Peterborough
"
not
'
at
:_
William
Westminster
Medicine
Figures
-
...—
Brantford.
New
Clearings
Canadian
'
Jaw—
Fort
502,640,417
Fourth Federal Reserve District—Cleveland—
_
Saskatoon
1,364,065
4,148,800
646,748,590
0.9
+
Brandon
Lethbridge
-—
—
'
Regina—
1,740,174
9,938,000
1,825,473
New Jersey—Trenton
1.5
'
■
.
:
Edmonton..
1,442.440
487,000,000
^+13.2
,
London
528,979
1,891,514
+
647,000,000
598,380
7.1
John
Victoria
1,188,074
1,331,289
675,371
1,542,215
+80.2
1,936,364
2,634,544
,
Reading
.
—
566,012
1,798,206
1,559,476
—
1,019,992
657,000,000
—
Lancaster
7.2
+
—13.8
—
631,231,143
...
607,051,536
figures not available at time of going to press.
+ .4.0
\
■'
464,370,665
' "
<357,236,913
■
•
Total (32 .cities):
•Estimated,-
.
:
•
*•
i
'
......
^
.
■
"
V-Vii.-
+»"
^
Volume
Number 4237
158
2397
Walworth Co.
General
Corporation and
of
Profit before interest,
-Net
Investment Hews
:
The
Inc.; Union Securities Corp.; Blair & Co., Inc.; Coffin &
Dillon & Co.; Glore, Forgan & Co.; Harris,
the
for
has
Federal
income
and
profits
excess
to
stock
prior
in
tiated.
The
allowance
stock.
shares
of
months
ended
made
this
in
statement
for
refund
to
to
renegotiate
renegotiation
settlement
in
sales
renegotiate sales
2198.
agreed
1943
(nine
months)
that obtained
as
for
upon
/ '
.
.
,
_
the
/
■
v
as
result
the
of
the
158,
p.
tions
the
Co.
The
of
western
referee
and
trustee,
had
that
Chase
National
Francis
J.
Quillinan,
Court
directed to
Bank,
mortgage trustee, be
the principal of the $4,656,400 of
mortgage bonds outstanding.—V. 158, p. 496.
account of
on
the
on
capital
Dec.
13.
June
30
stock,
$5,
of
payable
25
par
Distributions
and
cents
Dec.
each
23
to
were
Washington Gas & Electric Co.—Liquidation Ordered
share
per
cents.—V.
30
20,
on
March
31,
VV
*■'.'//
.
.
;
.
,/
v'.V
See
General Gas
&
Electric
12 Months Ended Oct. 31-—-
General
Virginia Public Service Co.—New Control Proposed—
To Exchange Preferred and Retire Bonds—See
'
194?
1
"•/
Net
from
—V.
railway—1
22,299,971
22,323,856
22,896,709
11,179,114
6,213,894
12,602,590
6,995,297
817,372
826,485
store
$2,308,699
charges
$2,331,303
$1,987,297
profit
Earnings
921,927
862,729
stock-
423,468
313,360
stocks-
637,525
158,
,
206,214
The
The
Walden (N. Y.) Telephone Co.—Earnings—
of
this
effective
Jan.
name
on
of
retirement
held
notes
by
North¬
to
proposul
a
borrow
lender.
same
amortized
the
over
$3,000,000
2198.
.
period of 20
a
loan
will
when the
years
become
due
Jan.
on
15,
.
.
/.
Sept. 30—
1943
—
—
'
_
1942
1941
$198,114
$126,753
$183,132
$0.45
—
per
$0.28
$0.39
share
common
profits tax is considered
excess
necessary.
statement
of income for the nine months ended
Sept. 30, 1943,
operating income, $2,784,122; cost of sales and service,
$2,041,572;" selling,
general and
administrative
expenses,
$183,999;
taxes, ether than taxes'on income, $55,206; depreciation and depletion,
Gross
cancelled leases, dry hole costs, exploration costs and costs
well abandonments, $27,135; provision for doubtful
accounts, $1,568;
provision for contingencies, $74,852; net income, $198,280; non-oper¬
ating income, $74,156; gross income, $272,435; interest, $9,301; dis¬
counts allowed, $18,140; sundry
deductions, $1,880; provision for taxes
of
on
net income,
$45,000;
income,
$198,114.—V.
156,
2157.
p.
Will & Bauiner Candle Co., Inc.—Pays 10-Cent Div.-~
directors
the
on
stock,
payments
Nov.
Aug.
15,
Dec.
on
common
Similar
$175,036
'
-2192. ;
and
/After, Federal income taxes, interest, depreciation, depletion and dry
costs and reserve for contingencies.
An
15,
last,
declared
8
payable
dividend
a
Dec.
made
on
on
were
10
of
cents
10
holders
to
of
15,
May
June
15,
Dec.
15,
16, March 18, April
1942.—V. 158, p. 1944.
share
per
record
Feb.
and
Feb.
Nov.
16
and Dec.
£_each
will
company
1,
1944,
,,;
it
be
changed
United
to
announced
was
on
States
155,
on
was
record
on
The
15,
8.'
Aug.
16.
May
15,
to
Ry.—To Pay Bond Interest—
Dec.
coupons
Judge • Nordbye,
committee
1936,
;
Central
directing the payment
the $20,197,000 4% first
,Nordbye.
Time
Deck 2.—V.
v
'
28,
order
1949
p.
the
on
Co.,
Cfl,352
$142,169
s
Waterbury (Conn.) Clock Co.—To Change Name—
1864.
p.
vote
637,524
—
1480.
special meeting of stock¬
a
to
mortgage
Insurance
the
that
14
first
hole
The
$1,124,568
-
158, p.
Dec.
4%%
from
of
Wisconsin
Balance
8,116,791
6,241,770
pref¬
IV2
into
convertible
(H. F.) Wilcox Oil & Gas Co.—Earnings—
$1,976,025
11,272
$1,409,376
preferred
common
announced
for
of
will be
9 Months Ended
663,965
.
on
11,665,732
,
option
$201,511;
1942
21,201,833
10,299,914
convertible
holder's
the
the notice states, will be secured by substantially the
the present loan.
In addition, however, Wieboldt'a
158, p.
and
on
648,803
profits taxes
exc.
other deductions.
direct
Corp.,
?*
and
1.173,400
892,951
and
income———
Other
—V.
oper.. income-
ry.
1,411.302
.595,120
railway.*.'.
from
Net
1940
$2,260,765
"•
604,080
oper. income*
From January 1—
1943
.
1_—_
Dividends
1941
$2,598,580
1,331.001
railway—..". —1,099.376
Net from
Net ry.
Gross
•:i942
$2:411.568
-
22,604
Dividends
*
$2,465,672
cumulative
at
as
installment
1964.—V.
follows:
157, p. 352,
revenues
income
Interest
Net
.
.,
railways-
Co.—V.
Income
Gross
Virginian Ry.— ■Earnings—
from
Electric
___—859,301
operating
Other
General
Gas & Electric Corp.—V. 158, p. 2089.
October—
taxes
Provision for Federal inc.
Corp.—V. "158, p. 2089.
Net
Gross
&
Operating revenues
j $13,578,017 $12,147,853
Operating expenses- 8,752,654
7,951,994
Depreciation
830,878
738,497
,.
Virginia Electric & Power Co.—^Proposed Acquisition
*
Gas
Washington Gas Light Co. (& Subs.)—Earnings—
last.
158, p. 2297.
American
holders of record
made
Payments during 1942 were as follows:
March 31, 30 cents; June 30 and Sept. 30, 25 cents each; and Dec. 26,
Sept.
North
See
Life
loan,
5
called
at 3 V2 %
new
Park
final
Dec.
on
been
$2,600,000
properties
"Net
recommended
9 %, or $419,076,
pay
cents
35
67o
new
convertible
preferred, or one share of 67c
common share, for each share held.
one
Mutual
$3,000,000
Oak
York.
New
has
present
Note—No
of
dividend
accumulation
an
convertible
directors
holders
payment was filed by counsel for the first mortgage bondholders' com¬
whose Chairman is Lee S. Buckingham, President of Clinton
Victor Chemical Works—35-Cent Distribution—
a
be
Wieboldt Stores, Inc.—To Refund Notes—
The
mittee,
Trust
declared
be
will
dividends.
on
same
Warner Sugar Corp.—Payment to Bondholders—
first
1
rights of
would
there
Jan. 31, 1944, will become the special
dividend plus old arrearages but sub¬
on
company
has reduced its old bank debt from $2,838,190 to
$785,000 and must pay 66% of year's net but not less than
$250,000 toward it by Jan. 31, next, but is released from bank restric¬
The
'■ ' "/■; 7".
■'/';
,
in
1942.—V.
year
r •
.
the
is
Judge Samuel Mandelbaum, of the U. S. District Court at New York,
N. Y„ has confirmed the report of Oscar W. Ehrhorn, referee in bank¬
ruptcy, granting the application for a cash distribution to the corpora¬
tion's bondholders, it was announced on Nov. 27.
The petition for the
due next year.
Dec.
which
on
a
about
the
to 1943 (nine months) sales not yet renego¬
is so computed that the aggregate profit (after
provision but before Federal taxes on: Income)"
this
to
ratio
same
Halsey, Stuart & Co., Inc. and associates.—V. 158, p. 2089.
on
It
new
preferred plus
respect
for
attributable
syndicate .was'awarded the issue on a bid of 99.17 for 33,4S.
only other bid received was one of 99 Ve for 4s, submitted by
directors
dividend
erence
provision
The
The
carrying
The
nine
been
Government
Co.; Paine, Webber, Jackson & Curtis;
& Co.; White, Weld & Co.; Spencer
Trask & Co.; The Wisconsin Co.; A. G. Becker & Co., Inc.; Central
Republic Co., Inc.; Laurence M. Marks & Co.; Arthur Perry & Co.,
Inc.; Whiting, Weeks & Stubbs, Inc.; Dean Witter & Co.; Edward L.
Burton &
Co.; Hayden, Miller & Co.; Granbery, Marache & Lord;
J. A. Hogle & Co.; Starkweather & Co.; G. H. Walker & Co.; Auchincloss, Parker & Redpath; The - Illinois
Co. of Chicago;
Bosworth,
Chanute,' Loughridge & Co,; Perrin, West & Winslow, Inc., and Ure,
Pett & Morris, Incv
f'
7 '
»
Proceeds from; the sale of this
issue will be used to refund the
company's first mortgage 5%
bonds, of which $28,119,000 are out¬
standing; the first lien and general mortgage 4 % % bonds, of which
$4,068,000 are outstanding, and $11,813,000 first and refunding 5%,
bonds of Utah Light and Traction, guaranteed by the parent company.
The
Provision
611.
Eastman,
are
deductions,. Including
State income taxes.
statement
ject
preferred
share in dividends
a
$4,572,375; State income taxes, $18,000; consolidated net profit, $1,791,-
Hall & Co., Inc.; F. S. Moseley &
Shields & Co.; Tucker/Anthony
All of these issues
all
1,791,611
$1.30
Sept. 30, 1943, follows:
Profit before interest, depreciation and taxes on income, $6,997,170;
interest on funded debt, $152,101; other interest, $4,772; depreciation
and amortization, $458,311; Federal income and excess profits taxes,
priced at 100.625 and interest.
Inc.;
$3,997,170
———
...
7%
present
$12.33
preferred
taxes'
...
taxes and
The underwriting syndicate includes the following: Blyth & Co., Inc.;
Goldman, Sachs & Co.; Harriman Ripley & Co., Inc.; Kidder, Peabody
& Co.; Mellon Securities Corp.; Smith, Barney & Co.; Stone & Webster
Burr,
Sept. 80, 1943
Ended
depreciation and
profit
-After
(Continued from page 2368)
The bonds, which will be due in 1968,
and Biodget,
9 Months
Earnings per common share—
made Dec. 10.
are
The
(& Subs.)—Earnings—
Earnings,
July
acting
1,
$807,880.—V.
the
158, p.
2%
of
coupons
due
in
Judge Gunnar
H.
mortgage
Federal
of
Dec.
road,
bonds
23.
bondholders' protective
payment of. the Jan. 1,
disbursement will amount
the
directed
The
coupons.
interest
two
general
petition of
on a
of the
1936,
of
Court
payable
are
and "'trustees
and
in
1
total
2298.
*
12 Months Ended Sept, 30—
,»*
.
1942
1943
Operating revenues—$86,744
Operating deductions _l"r56,548
—-
Wayne Knitting Mills—To Pay $1 Common Dividend—
$76,263
The
54,325
mon
Operating income I.*./
Retirement
Income
$30,197
$21,938
9,623
9,205
4,787
4,816
reserve;accruals-
deductions
—.
50
cents
income
Net
V.
$15,786
appropriations
158,
sales
Cost
of
(after
sales
—a.—
:
Other
profit
on
69,582,980
The
59,846,244
operating
sales—;
income—
the
preferred
-
k——I—
Total
advertising
General
and
and
occupancy
administrative
expense—
share
per
Dec.
the
usual «emi-annual
stock, payable Jan/1
7,
President,
1944,
the
the
on
com¬
of
exchange
now
the
1942,
and
to
dividend5 of
$1.50
holders Of record
suitable
preferred
new
of
stock
the
have
the
outstanding .funded
The
cancel the
also
program
stock
common
will
asked
be
to
be
held
authorize
to
conditions,
for
provide
6 c/o
the
preferred
is contemplated
rate
issue
to
to
It
dividend
a
Upon determination
present intention of the
bonds and
meeting
a
market
present
outstanding in such amount.
will
at
from
operations-;—
$10,457,832
Total
income
Other, charges
Normal
tax
330,527
i—$10,806,553
-Lt———-...d—*.... il—„i. •
992,034
$7,425,840
Excess
profits
credit
for
Provision
Preferred
surtax——
tax
$500,000
in
not
the
excess
of
the
*4,255,000
4Va%
per
new
1,000,000
shares
to
1,500,000
shares.
There
&
——L—————,i.__
dividends
Co.,
Inc.,
will
head
preferred stock.—V.
per
common
a
p.
underwrite
to
group
158,
the
$15,583,000
'V.v
2089.
of
new
7.
profit
is
Period End.-Nov. 30—
423,995
2,067,976
$2.20
sales
Wholesale
$1,111,567
429,269
•Retail
$2.27
$1,199,223
provision for—
1943—Month—1942
.$2,406 000
$2 312,000
1,733,000
:
;
sales-—
Combined
of buildings and equipmeat—
'.' Amortization 6f short life equipment——
.
-V.
1,698,000
1943—11 Mos.—1942
$23,014,000 $28,854,000
18,665,000
22.370,000
'
Assets—
Balance
Sheets,
"
Sept.
"
'
158,
30
$4,139,000
Period End. Sept. 30—
1943
banks, in transit and on hand
and savings bondsAccounts receivable, less reserves—
$8,580,312
$7,414,228
Orders
5,353,333
1,837,532
Orders
750,727
1.231,402
Sales
Inventories
16,205,994
13,245,341
Cash-in
U.
S.
.
_
Treasury tax notes
.
Prepaid
taxes,
Total
—
etc.
to
advances
lessors),
fixed
other
assets.
...
,
"l
1943—9 Mos.—1942
——
766,996,571 841,505,552 $1,005,127,287 981,830,864
974,869,131 867,104,570
974,869,131 867,104,570
billed——— —1503,537,095 334,169,885
t656i64li761 433i554|236
unfilled——
bef.
1,188,607
1,386,437
Excess
8,306,912
1
1
profits
Net
inc.
—
$40,284,288 $34,610,520
.
excess
LiabiTlies—
Frov.
Accounts-
payable
investment • certificates
Accrued payrolls, rentals and'other-
$3,769,715
Employees'
Accrued
Reserve
4 Va %
other
taxes
Provk-ion
for
than
Federal
111,280
expenses-
Federal-taxes
taxes
on
915,669
3,364,156
stock
(1,292,485 shares,
Preferred
stock
no
1
surplus
in
10,000,000
—:
treasury
(5,775 shs.), at. cost
11,484,11?
5,363,088
Dr511,187
Total
•
reserve
of
$6,533,876
in
—V.
The
and
Dec.
—V.
p.
1943—11 Mos.—1942
$8,577,152 $101,243,360
1944.
$88,891,330
Mich.,
Coldwater,
it
is
announced.
:
1
1943—11 Mos.—1942
1943—Month—+942
'
$377,245,125 $358,979,504
$38,439,710 $36,379,927
Worthington
tion—'
Under
Pump
,
■
Corp.—Renegotia¬
Machinery
&
'
\
V
'
\
-
/"
■
agreement reached by the management of this corporation,
and governmental renegotiation authorities, the company will make a|
net
refund
on
1942
war
contracts
of
$551,426,
it was announced
an
Under
of
the
the
settlement
Government
recovered
gross
a
$2,100,000
from which was deducted $1,548,574 previously
liability.
The effect on earnings of the renegotiation agreement is to reduce
net
profit from the $2,758,890 figure previously reported, equal to
$7.86 a share, to revised profit of $2,207,463 or $5.79 a share.—V. 158,
income
as
tax
2089.
Octoberfrom
from
Net
ry.
to
Cr6,751,438 Cr2,606,077
2,953,901
6,846,727
arrears
shares
has
on
of '7r,'v
It
.
war
3,475,220
+20,482,232 $18,633,475
contract prices.
$The
oper¬
1,731,208
$1,750,761
760,054
519,143
1,136,619
railway....
railway..,—.
,814,908
28,690,849
,875,716
14,288,177
16,063,672
5,646,423
12,583,086
3,659,970
income
1944.
,957,915
11,108,874
3,556,874
1,475,993
income.^.
Gross
from
fx-om
Net
ry.
—V.
oper.
158,
p.
Corporation—Initial
The
directors
on
Since
this
(who
of
should
The
Corp.,
Oakland,
Calif.—
6
will
holders
all
to
declared
an
initial
dividend
of 15 cents
per
payable Jan. 4 to holders of record Dec. 20.
paid only to holders of York Corp. stock
York Ice Machinery Corp. stock certificates,
be
of
the
not
dissent
from
stock),
and
demand
payment
of the
who have
do
company
June
Dec.
their
did
value
on
the capital stock,
dividend
Distribution—Hereafter
Semi-Annually—To List Stock—
Dividends
so
immediately
-
merger
not heretofore exchanged their stock
that they may obtain the dividend, the
'
announces..
directors
and
so
contemplate
'
considering
' "
dividends hereafter
December meetings.
directors
also
authorized
at
■
>
their
t
■
the filing of an application .to list the
corporation's stock on the New York Stock
Exchange.
Set-up—
called
a
Stores
plan
its
7r'c
a
meeting of stockholders to be held
for
capital
cumulative
preferred
and
on
reorganization which would
preferred stock.
There are
62,788
shares
of
common
stock
Secondary
Offering—Stein Bros. & Boyce has placed,
privately a block of 71,658 shares of the capital stock
the corporation.
is
proposed to authorize a capitalization of 200,000 shares of $1
common stock,
58,042 special 6(+>
$25 par preferred shares and
100,000 shares of 6% cumulative convertible preference stock of $25 par
pt
578,988
$2,232,874
790,172
525,401
127,190
certificates
+14,491,608 +11,376,217
on
1940
1941
1942
$3,612,050
railway
oper.
share
4,853,118
Department
vote
1943
$2 ,513,414
railway.*~
From January 1—
York
outstanding.
$9,440,887
158,
of
1944.
p.
Consider
_
corporation
27
58,042
1943—Month—1.942
158,
19,502,618
Plans New Capital
$34,610,520
1943
Mich.,* instead
jiw.—»
The
November Sales—
Sales
20,577,521
Cr4,919,256 Cr2,606,077
income—
eliminate
Per. End. NoV. 30--
11,724,041
of
tax
JDr511,187
$40,284.28?
——————
depreciation
9,563,553
post-war
Western
'-After
deducting
$5,835,414 in 1942.-
'
•
38,846,307
67,912,478
ating statements previously issued for the periods ended Sept. 30, 1942,
'have been revised to give effect to
renegotiation payments, revision of
Federal tax provisions and
post-war adjustments applicable to these
periods.—V. 158, p. 2298.
io,o~o~o~o65
11,484,112
6,145,636
parj_-__-
10,628,230
67,514,384
+After provision for renegotiation of
500,000
-
profits
for
"'"Net
924,236
7,016,396
for
Common
690,480
inc.
on
7,219,497
26,060,776
+98,720,135
post¬
refund
^contingencies
125,040
income———.i
post-war contingencies--—
cumulative preferred stock (par $100)
Earned
852,667
$3,165,595
bef.
45,004,314
14,425,470
tax„_
t71,803,309
8,190,270
49,192,569
adjusts
Post-war
Total
2298.
p.
(F. W.) Woolworth Co.—November Sales—
Net
taxes
800,280
war
■
Fed.
and post-war adj—
Income
tax-
—.....-
are
1943, 1942,
560.
p.
Per. End. Nov. 30
Sales
Gross
1943—12 Mos.—1942
booked——
6,939,414
_
assets
leaseholds,, etc.-,-
Goodwill,
Inc.
ins.,
...
and
157,
Net
1,654,227
-
investments
''■Total
—-
—
(incl.
rent
company
30,
$4,010,000 $41,679,000 $51,224,000
1942
r
158,
Sept.
2089.
p.
Westinghouse Electric & Manufacturing Co.—Earns.-
'
Consolidated
See V.
ended
Yazoo & Mississippi Valley RR.—Earnings—
? After deducting post-war credit of $500,000.
•
"Chronicle" for this
months
13, the general offices of this company will be located
Kalamazoo,
—V.
listed
422,820
share—
after
Depreciation
nine
Wolverine Portland Cement Co.—Moves OfficesEffective Dec
at
p.
Note—Net
week's
the
1941 and 1940.
recently,
423,995
last
for
amount
Supply Co.—November Sales—
$3,331,469
2,067,976
Common- dividends.
Earnings
not propose to issue
any of the new preferred stock except for
proposed retirement of the present 6% preferred stock.
If the program is carried out, it is
expected that Harriman Ripley
1,300,000
$3,269,519
Earnings for First Nine Months—The earnings pub-!
mortgage under which such bonds were issued.
provides for increasing the authorized amount
the
500,000
-
cents per
seven
,
Western Auto
—
1942,
lished in
new
does
1,825,000
contingencies'...
30,
dividend
a
$lf payable Dec.
A
post-war
.r
post-war
Dec.
on
Co.—Larger Distribution—
declared
of eight cents per share on
22 to holders of record Dec., 8,
share paid on July 1, last, six cepts
and five cents" on July 1, 1942.
par
This comoares with
retirement
preferred stock, it is
company to retire, out of treasury cash,
debt, consisting of about $4,600,000 of 3%.
from
stock. ;
939,371
1,790,000
(less
19431
for
profit:
Net
•
and
have
stock which
that
presently outstanding with the public 902,432 shares of the common
:
.■
;
/
•_ , i
/...
1
: '
v/;
proxy statement has been filed with the SEC and is expected to
be mailed
ta stockholders on Dec.
15, 1943.
It is stated that the
company has no present intention of issuing any common stock, and
$7,095,313
348,721
income
directors
capital' stock,
issue
to
are
Profit
The
50
stock.
under
redemption
or
stockholders
common
proposes,,
annum.
of
Other
Wisconsin Investment
This compares
24,
those
that
announces
preferred
new
company
preferred stock
335,755
$43,044,765 $35,778,372
31,602,915
27,747,440
984,018
935,619
exp..
$1
on
1568.
p.
the
Selling,
of
$1.25
the
also .declared
Luke,
$15,583,000
$42,621,141 $35,442,617
423,624
last,
1942.
157,
$20,000,000 of
by
Gross
dividend
a
1,
May Soon Be Offered—To Be Underwritten—
Jan.
on
194?
$95,288,061
is
.
July
on
West Virginia Pulp & Paper Co.—New Preferred Stock
'
---$112,204,121
........
1,
on
Thomas
1943
etc.)—
returns,
July
14.—V.
Issue
years Ended Sept. 30—
paid
$7,918
10,850
Walgreen Co. ,(& Sub.)—Earnings—
Net
on
share
per
900.
p.
cents
The directors
Dec.
Dividend
directors have declared
stock, payable Dec. 24 to holders of record Dec. 14.
with
'
New Director—
John
S.
McMartin has been elected a director.
-V:
158, p. 2198.
of
,
and
Company
corporate bonds, notes,
stocks called for redemption,
Including those called under sinking fund provisions.
The date indicates the redemption or last date for mak¬
ing tenders, and the page number gives the location in
which the details were given in the "Chronicle.
and
preferred
■
Co.-—
Acadia Sugar Refining
due
1fi
1953
Corp. 43/2%
Railways
American
Light Co.—
5% bonds due 1956—
& Co. of Delaware, 1st mtge. 4s, ser. C,
& Charlotte Air Line Ry.—
1st & ref. mortgage
Armour
Atlanta
■>
.
1st mtge.
,
2039
2247
1822
■
•
2247
2247
-■■■
4%
5Vfe% bonds, ser. A, dated 1940_—___Jan.
Power
Co., 1st trust mtge. bonds
■
due 1956
Apr
1
Central Hollywood Bldg. Co.—
Income leasehold mtge. bonds dated 1937
Dec 11
conv.
&
Power
Light
1728
Extra
*
Mar
Electric
&
Co.,
1st mtge.
Co., 1st mtge. 4s, due 1968
—
Mar
%/*
Jones Cold
Kankakee
Water
bonds, series A. due 1959——Jan
Kansas City Gas Co. 1st mtge. 5s, due 1946
—Feb
Kewanee Public Service Co.
1st 6s, ser. A, due 1949
Lafayette Hotel Co., 1st mortgage 5%
—Jan
bonds due 1947—Dec
Maryland Income Bond Co., coll. tr. inc. bonds due 1954-Dec
McKesson
&
Robbins, Inc., 33/2% debentures due 1956—Dec
Miller & Hart, Inc. 6% debentures due 1950—
._Jan
1;/
1
1
1
1
15
1
Day
1947———Dec
20
6% bonds due 1958
Jan
purchase mtge. 5% bonds due 1965—Jan
1
1
Co.
conv.
Nice Ball Bearing Co.,
North American
Old
Colony
4 V2%
Park
5%
notes due
—Dec
1st mtge. 5s due 1945—
15
15
———Mar 20
Pressed Steel Car Co., Inc., 5% debentures due 1951
Salmon River Power Co., 1st mtge. 5s due 1952—
—Dec
$1.25
12-15
75c
NewEYork
(Newark,
Bank
Co.
Skinner
Boulevard
—Jan
2259
20
1
(Bait.)——
(quarj—
Y.)
Co. %N.
Bank, &
Rensselaer
Deposit & Trust
Safe
•
Somerville
(Bait.)
(N. J.)
,
■
12-10
12-10
11-30
12-10
11-30
1-
3
12-17
1-
3
12-20
$1.25
$2
12-15
3-15
40C
12-22
12-11
25c
12-31
12-24
25C
3-31
3-24
$2%
1-
3
12-
$2Va
1-
3
12-30
12-28
12-15
$3
12-15
12-10
$2
12-13
12-10
12-13
12-10
mv*
50c
7
3
12-20
12-29
12-22
1-
50c
1-
3
12-20
$3
1-
3
12-21
$3
Union Trust Co.
1-
3
12-21
$10
$2
1-3
12-20
1-
12-28
(Indianapolis, Ind.) (quar.)
'
Union
(quar.)
(Pittsburgh)
Trust
Trust
(R
I.)
;
(quar.)
3
.Jan
1
,
mtge. bonds, series A, due 1947
Dec 27
Southern Union Gas Co., 6% debentures due 1967——Dec 15
Southern Pacific Co., 10-yr. 3%% secured bonds due 1946_Jan
1
2
12-29
12-17
20c
12-30
12-$$
Go.
(year-end)
(year-end) —
—
D.) Mfg. Co. (quar.)„——
Aeronautical
Securities(year-end)
Addressograph-Multigraph Corp.
Aeolian Co., class A preferred (year-end)
Aetna Standard Engineering Co.—
2086
5%
2260
preferred
Air Associates,
(quar.)
(year-end)
Inc.
17c
—;
12-30
25C
—
—
——
1-10
$lVa
12-15
1945_Jan
2
1943
bonds, series A, due I960—
United States Leather Co., prior preferred stock
Jan
1
Jan
1
1478
1772
2197
2088
1864
1773
J
Co. of Philadelphia.
Mills, Iqc
—
Amalgamated Sugar Co.- (quar.)—
American Asphalt Roof Corp., com, (year-end)
$5 preferred
(quar.)——.—.—-—
Stock dividend (one-half share of new $5
1-
1
preferred
(quar.)
$1.75
_______________
Electric
Century
'
434%
Power,
Central Paper Co.;
pfd.
(quar.)
5%
Corp.,
& Suburban Bell
par com.
for each share $100 par
held-
pfd.
Tele.
12-24
12-15
12-20
12-
1
12-
6
$1
85c
Electric—
Canada
of
Bakeries
pfd.
Heating Co. Inc.
Consolidated Cement
*
12-17
12-30
12-1
12-23
12-14
Dry Goods
Investment
•
-'
Consolidated Water Power & Paper
8%
preferred
;
(quar.)
Corp.
Telephone,
ccmmon—_________
^
preferred (quar.)
:—__
Davenport Hosiery Mills, common (year-end)
7%
preferred (quar.)_____.
Davldson-Boutell Co., 6% preferred (quar.)
Deep Rock Oil Corp._______
Electric
Go.
(quar.).
—:
River
—
(year-end)—
Inc.
_______
——
Portland
Mfg.
Cement Co.
(year-end)
__
Co..
Woollens &
non-cum.
12-20
common
12-31
1
1
4
1-3
12-8
12*10
12-24
12-28
12-15
12-28
12-15
12-13
12-
6
12-21
12-
6
1-22
1-
7
1-
1
12-17
1-
3
12-18
1-
1
12-20
12-31
12-15
12-31
12-15
12-21
12-16
1-
1
12-16
1-
1
12-15
12-20
12-10
12-22
12-
1-
8
2
1.6-20
12-20
12-12
10c
12-20
12-12
25c
12-15
12-
22 V2c
25c
25c
20c
10c
12-20
12-10
12-15
12-10
.
'
1-3
1
12-15
12-10
12-20
12-10
12-10
12-
4
12-
8
Worsteds—
1-
3
12-15
12-
4
12-
12-
2
12-21
$6234c
12-31
12-15
$50c
(initial)
$60c
* $12y4
400 %
50c
partic.
preferred (s-a)
(interim)
1
12-17
5%
$10
1
11-26
Common
$1 y2
12-
Duriron.
East
11-27
1-15
12-
12-31
12-15
25c
12-13
12-
$1V2
12-13
12-13
.$2
12-13
12-13
9
12-14
Dunlop Tire & Rubber Goods Co.—
1-
11-27
12-31
12-
$2
20c
(s-a)
—
(quar.)_:
Ale
Ginger
1-15
12-23
1-15
12-15
$2
37.y2c
$3
$1
$1%
$1*4
$1%
_____
—
(quar.")^
Warehouse
12-15
12-
$1.25
Delta
Extra
1-3
2-1
12-28
12rl5
$1.50
25c
(extra)___
Delawarei Fund Inc.
12-21
12-21
12-22
30c
80c
$1
50c
50c
■
common____—___
Crowley Milner & Co., 6% prior pfd. (accum.)
Cuban
.
(quar.)_
(quar.
Wheat
of
Cream
Co.,
12-21
1-3
20c
25c
.
;—
—__
(Boston)—
____________
Baking
3
$1
(year-end i
Rendering
3
1-
$1
$20c
/
Co
Trust
Special
Continental
91c
(quar.)__
Quarterly
:
Consolidated
1-
;
_
(accum.)
$1.40 class A
Consolidated
12-14
'
Corp.—
Consolidated
12-21
12-10
$2
$1.50
$1.75
___
(accum.)
Ltd
12-16
3
1-
3
15c
Consolidated
12-24
12-24
$2
.
/
(liquidating)
12-11
1-
75c
Common
$6
12-20
3
■
Distributors
12-20
1-
6j/2%
Commonwealth
3
1-
$1
Co. (quar.)
Commonwealth Securities,
9
12-15
$1«4
$1
75c
$2.25
50c
$1V4
(quar.)__
6%
Ohio
Southern
12-
5c
preferred. (quar*) __:—/■/.: $1%
preferred (quar.)
$1%
Engineering Co. (year-end) ____
$2
Commercial Alcohols, 8%'preferred
(quar.)
10c
'6%
12-
12-31
12-20
1-
$iy2
pfd. (quar.)_
Cleveland Theatre, $4 partic. preferred (s-a)
Colgate-Palmolive-Peet (extra)
Colonial Ice Co., common (resumed)
$6 preferred, class B (quar.) ____________
$7 preferred
(quar.)
5c
1
3
(quar.);
Wholesale Supply,
Dominion
12-28
12-31
preferred (quar.)
$3
&
1-15
12V2c
;
6%
Co.
Mfg.
Chesapeake-Camp
Columbus
12-31
15c
Co._;
Master
12-17
75c
$1.18
__
Inc.
Charleston Transit Co.,
New
$1
12-17
2nd
Central Electric & Telephone, 6% pfd. (quar.)
preferred (interim).
Dow Drug Co.,
7% preferred (accum.) _____
Dry Pack Corp. (stock dividend)
,
12-14
12-31
12-17
6%
Allied
3
'50c
12-17
12-13
12-20
1-
$1
common
12-22
20c
$1%
12-14
1
Diamond
Corp.
12-14
3
1
Doernbecher
(liquidating)—_
Payable upon receipt of letter of trans¬
mittal and properly executed certificates
by the Tradesmen's, Nat'l Bank & Trust
Investment
3
1-
1-
12-14
Alliance
_
(quar.)
Extra
conv.
12.14
1-
1-
12-22
1863
*
Jan
1
Thermoids Co., 1st lien collat. trust 5% bonds due 1951—Dec 27
Thompson Products, Inc., conv. prior preference stock—Dec 22
Tubize Chatillon Corp., 7%
preferred stock
Apr
1
United Public Utilities Corp.—
(quar.)__
12-22
12-10*
12-13
12-20
$1
pfd.
$7
12-10
12-14
$134
(quar.)___
Light,
3
$1.25
Diamond
1
1864
&
1-
$1.75
12-24
___Feb
1
50c
•
<quar.)__.
12-17
$1.10
non-cum.
12-17
iquar.)
12-31
preference (year-end)
Alaska Packers Salmon Co. (year-end)———
Jan
25c
Delaware Hillsdale & South Western RR.
Air Investors, Inc.—
$2
12-10
12-17
prior preferred
12-24
1675
12-10
12-17
prior preferred
20c
2296
12fl7
$1
of America,
Corp.
$1.25
1
1st
preferred
Power
Detroit
1
Standard Public Service Corp.—
1st lien 6% bonds, ser. A
15c
<s-al_
common
Detroit Harvester Co.
Jan
mtge. bonds series A, due 1946
Studebaker Corp., 10-yr. conv. 6% debentures due
Suburban General Hospital of
Bellevue, Pa.—
1-15
35c
Stock
9
12-
Adams- (J.
2260
Springfield City Water Co., 1st mtge. 4s, ser. A, due 1956—Apr
Standard Bleachery & Printing Co.—
1-25
12-
Adams Express Co.
,
2260
1st
75c
Straus, Inc.——.—
52c
Acme
2260
28
_
&
12-18
$iVa
6%,
Abraham
12-16
12-28
1-
$ 1 >4
(quar.)
Inc., class B.__
Consolidated Car
(quar.)
12-24
12-29
Combustion
' *
trust certificates-Dec
f
5
10c
12-20
$5
~(s-a)~
12-15
(quar.)
1-3
(quar.)
(s-a)
Sterling Trusts Corp. (Toronto)
Textile Banking Co. (N. Y.)
(quar.)———
Toledo Trust Co.
(Ohio)
(quar.)
.
12-16
1-15
$50c
Citizens
(Louisville, Ky.)
Trust
12-16
12-17
(s-a>_____
12-20
$2
(quar.)
12-17
50c
Co.
3
(Hartford) —
Co. Bank & Trust (N. Y.)
12-17
$$134
Cincinnati
87V2c-
———————————
12-31
$$iy2
12-10
;
Trust
12-17
3-15
$$l 'Va
12-17
3
12-17
12r3i
.
12-17
-
12*28
2-
12-31
class A tyeai-end)
12-15
1-
12-10
1
12-31
$$1
«
3
*
20
(quar.)__
12-28
40c
——————————————
State
Quarterly.
*
1
12-21
1-
$25o
t$l Va
(s-a)
common
preferred
(accum.)
'
Chicago Daily News, common
5%
preferred (quar.)
Chicago Flexible Shaft.._____ix.______^_uu__■
$5
4
12-13
Chicago Artificial Ice (year-end)
Chicago Corp., $3 preferred (quar.)_:
1-
12-
1-3
12-21
;
12-30
6
$$1.50
12-31
40c
—-
1-
12-15
12-13
1-
30c
Y.) (quar.)__
(N.
12-30
75c
1-15
1-
6
$62J/2c
30c
:
Quarterly
Phoenix
*
conv.
.1
1-
(accum.)_
$1
(Buffalo) —
2196
15
3
trust
3
12-21
3
jJ—
N.
Pennsylvania Exchange Bank (N. Y.) (s-a)
Peoples National Bank of Washington (Seat¬
tle, Wash.) (quar.)
2194
Jan
collat.
2
Industrial and Miscellaneous Companies
—Dec
Memphis Land Co.—'
2% -3% bonds dated 1941_„
mortgage bonds due 1945
Temple University. 1st mtge. 6% bonds
12-
$1.50
$$1.75
•
$1.
10
South
15-yr. 5V2 %
1-
8c
Trust Co.
Trust
Corp.—1
1st mtge. income bonds dated 1935
Socony-Vacuum Oil Co., Inc.—
18-year 2%% debentures due 1955
Southeastern Greyhound Lines, equip,
Southern Colorado Power Co.—
'r
12-30
___—___:
Chefford
*
Quarterly
Wakefield
due 1947-1949—
'
3
—
Norwood-Hyde Park Bank & Trust Co. (quar.)
Omaha National Bank (Nebraska)
(quar.)-
Sisters of Charity of Cincinnati—
A,
l-
12-15
6
7%
7
1
12-15
O- 3 .'
:
12-13
1-3
7%
12-18
12-27
75c
12-20
1-
(quar.)
Central Kansas
—
(Indianapolis, Ind.)
1212-
;
3
$2
2086
ser.
1-
$3
12-13
5%
12-21
$1
2051
16
6%
1- 3
Corp
Midland
Security Bank
Seaboard Air Line Ry., receivers' certificates due 1945—Dec
Shell Union Oil Corp., 15-yr. 2 V2 % debentures due 1954_Jan
Shell Union Oil Corp. 2%% debentures due 1961
_Jan
629
$6
$3
8
12-
12-8
12-21
50c
Co.
Co.,
1st
Celanese
12-31
12-20
Ltd.$50c
Co.
Ltd.,
& Power
preferred
$6
12-22
;
3/;
1-
4%
12-15
12-31
50c
(quar.)
Extra
Carolina
3
3
preferred
Carnation
12-20
12-15
1-
12-23
$l5c
(s-a)_
^
Co.
Caiman & Co.
12-11
i
'!
3
12-30
(Albany) (quar.)
National Bank of Commerce (New Orleans)—
Semi-annual —,J——^—%
National Exchange Bank (Wheeling, W. Va.) —
1863
mtge. bonds,
1-
1
12-23
$3.50
preferred
(Philip) Mfg., common
preferred (qua r.)
12-11
■
12-15
1-
$2.50
_■
A
pfd., class B (quar.)
6%
1-15
12-20
$1
Merchants & Farmers Bank
*
1
ref.
Carey
4
$lJ/2
(Phlla.)—
&
Traders
quarterly
Maryland Trust
1770
Feb
1st &
7
1-
Power
Co., Ltd.-Porto Rico Rys. Co., Ltd.—
/
ref. gen. mtge. bonds dated 1912—D^c
Shoe
If
*$2
(quar.)
Trust
Mills
12-15
12-17
■.
l
50c
<quar.)_-_
Light
Cannon
;
12-20
l-
75c
-
______
(year-end)
Cannon
2-
—w——v—.»J-%
Midland
Marine
*
5%
Co.
B
7
12-f30
12-20
1-15
12-24
.
75c
<quar.)__
Corp.,
Ry.
preferred
12-
12-17
12-14
1-15
$$1.50
rights
12-31
12-
12-20
•
$25c
Canadian
!
12-10
25c
(quar.)
Celanese
*
$2
——
•
Increased
1861
Peaslee-Gaulbert Corp., 6%
Porto Rico
7%
m
(quar.)—
Manufacturers
Marine
1861
preferred stock——Jan
1
Pennsylvania Electric Co., 5.10% pfd. stock, series A—Dec 31
Phelps Dodge Corp., conv. 3V2% debentures due 1952
Dec 15
Philadelphia Transportation Co.—
Consol. mortgage 3%-6% bonds, series A, due 2039—Dec 15
Class
4
12-15
12-23
<quar.)_——50c
5 %
(quar.)——
(Halifax)
Co.
National
Resumed
Trust—
Dec
12-23
12-13
12-
2
Power & Gas Co.—
Canadian Industries Ltd.,
i
|
%
1-
,50c
$1
2050
—
12-23
12-24
i
12-15
12-15
$1
preferred (quar.)
12-23
1
12-17
Extra
$2
1-
11-29
12-81
?20c
(s-a)
Machinery
Founders
7%
$1
Lincoln1
2256
16
1952
Inc., preferred stock—.
12-20
$1%
■
Dec
Investment
Y.j
(N.
Indiana National Bank
2255
,
Funding Corp., 1st mtge. 5VaS due 1949_Dec
debentures, series B, due
& Tilford,
1947
12-21
:
.
*
York Dock
i
3
&
mtge.
Sixth Avenue
New
Canada
of
Hartford-Connecticut
New York City Omnibus Corp.—
Prior lien
3
1-
$1%
(s-a)
(Boston)
Co.
Bank
Trust
Girard
1736
16
Erie
1-
$1%
12-15
Ltd.
1st preferred
$lJ/2
I
12-10
12-20
(quar.)____
7%
Southern
3
35c
$i0c
A
5%
Canadian
12-
75c
(irreg.)
class
Cement,
Canada
1
12-15
(quar.r___—
common
preferred
Canada
Y.) —
(N.
Co.
Semi-annual
1736
RR.—Lake
(s-a)
Trust
&
Deposit Co. (Md.) (extra)
(Bait.) (s-a)
Fifth Avenue Bank (N. Y.)
(quar.)
First Nat'l Bank
(Binghamton, N. Y.) (-a)
First National Bank (Louisville)
(quar.)—_
First National Bank (Ramsey, N. J.) (s-a)__
First Portland Nat'l Bank (Portland, Me.) —
2050
/
2nd
$7
12-20
U
12-15
1-1
(quar.)
Canada Bread Co.,
12-31
12-15
preferred
$3
Products,
12-15
$1%
1-1
25c
Byrndum Corp., $5 partic. pfd. cl.
$3 partic. preferred (s-a)
3
Fidelity &
1939
1
Building
3
(Columbus, Ga.)
40c
$1.37y2
(quar.)-
partic. preferred
1-
3
Co.,
12-14
12-21
1
2V2c
Co.,
participating
1-
1-
1-
12-15
(quar.)
Mfg.
81
$1.50
12-23
—
45c
Ohio) (irregj
N 25c
16c
6%
l
12-10
75c
6%
]
1
12-10
25c
(quar.)__________,
Buckeye Steel Castings Co. (year-end)
Buffalo National Corp.
(year-end)
12-17
1-
12-18
12-31
12-31
(quar.)—
preferred (quar.)
Brooklyn Boro Gas, common
12-21
3
$l*/2
Fidelity Trust
2193
bonds due
3
12-10
12-18
12-24
634c
7'/2C
6%
•
1-
Co.
British Columbia Electric
.,
12-24
15c
(accum.)___
$2
1
1-
$9
Trust
Eastern
*
3%
12-
12-24
1-
12-24
(irregular)
E.»
Calaveras
(Elmira, N. Y.) (s-a)
(CleveFand,
Bank
Trust
Dunkirk
1860
1
Oil
(F.
Brillo
12-1
3
2$2
(quar.)——„
(quar.)— „
Banking
River
Trust
Dominion
1860
2255
1
extended
3
12- 3
3
:
C334c
(Boston)
Extra
6
1-
20c
2254
1
'
6
1-
Year-end
2048
14
1
12-
12-10
12-10
common______i__
./Briggs Manufacturing Co.
—
,
Continental
1939
1
1
1st mtge. 4 % % bonds due 1956
New
York, Chicago & St. Louis
Western
(N. Y.)
•
Connecticut
1279
*
2253
2047
291
2254
*
1
Jan
12-6
$1
2192
2254
Mississippi River Power Co., 1st mtge. 5s, due 1951——Jan
Monroe Coal Mining Co., 1st mtge. 6s, due 1947Feb
Narragansett Electric Co., 1st mtge. 3%s, due 1966—Jan
Nehi Corp., 1st preferred stock—————-—.—Jan
Newfoundland Light & Power Co., Ltd—
-
;
12-22
Extra
1
Dec 31
1st mtge. 4s, due 1955
Longwood Towers Co. 2nd mtge. 4% bonds
:
Louisville & Nashville RR. unified mtge. 33/2%
bonds,
series A, due 1950——
Jan
Extended unified mtge. 4% bonds, ser. B. due I960—Jan
12-22
•
(N. Y.)
Columbus Bank & Trust Co.
2253
1134
1134
1
1
1
fund. & impt. bonds_Jan
Libby, McNeill & Libby,
12-
12-20
(quar.)
Trust
preferred
$1
Co.—
1st mortgage 414%
:
(Wilmington, Del.)—
(Cincinnati)
Trust
Cleveland Trust Co.
Indiana County—;
5% bonds, due 1950——
—-——Jan
Storage Corp. 1st mtge. bonds dated 1934
--Jan
12-31
(Toronto,
—
Bank
Hall
Bralorne'Mines, Ltd.
12-21
50C
Chicago Title & Trust (quar.)
Citizens Commercial Tr. & Savs. Bank (Cal.)—
—Jan
of Central America—
1
mtge. 63/2% bonds 1947—————Feb
Light Co.. 1st mtge. 4%s, ser. A, due 1958-Mar
Lehigh Coal & Navigation Co., 4%
3
12-11
Boston Personal Property Trust (quar.)____
Bower Roller Bearing Co. (year-end)
—
—
Chemung Canal Trust
1952—_Jan
,
preferred
Bishop
—
Quarterly
ref.
Co.
1-
12-31
Bendix Aviation Corp.
(quar.)—
Binks Manufacturing Co. (year-end)__
12-21
$3
——
...
Quarterly
International Rys.
Iowa Pwr. &
3
•—__
(Hartford)
Trust
&
Chemical Bank & Trust
1
2252
1
2252
Grocery Store Products Co.—
■'%:• ■//'
Collat. lien ;6% conv. bonds due 1945____.—,-___*.—Dec 20
*
Gulf States Steel Co., 1st mtge. 43/2s, due 1961_i.___—-Dec 22
2191
Idaho Power Co., 1st mortgage 3%% bonds due 1967-J-Dec 17
2046
Iowa Power & Light
1-
3734c
30c-
Bastian-Blessing
12-16*
30c
—
National
Central
1440
2252
2191
Georgia-Carolina Power Co., 1st mtge. 5s due
Globe-Wernicke Co., 1st mtge. 6s due 1944
Bank
(quar.)
Central
trust
—
Jefferson & Clearfield Coal & Iron
3
12-8
6%
5y2%
12-16°
$1
2043
*
*
Ltd., 6% 1st mtge. bonds due 1952—Jan
1
Froedtert Grain & Malting Co., Inc. 31/2% deb. due 1958_Dec 24
General Tire & Rubber Co., 6% preferred stock, series A_Dec 31
&
1-
{
.
12-
12-23
__
Barrister
12-15
$1
—
Nat'l
Ont.)
2250
Eastern Car Co.,
lien
3
1-
3
12-15
$1.80
National Investing Corp., common."
preferred
(quar.)___
'
Barker Bros. Corp., common (year-end) 2___
12-15
1-3
3
■
33Ja%
Bankers
12-15-
20c
—
(Conn.)—"
Trust
&
Central Hanover Bank & Trust Co.
484
1st
!
50c
2189
2250
1634
^
collateral
63/2%
—
3
1-3
'
Semi-annual
2249
Dec 15
1945
1-
10c
(quar.)—
Central Canada Loan & Savings Co.
Dec 27
Dayton Union Ry. 4% mtge. bonds due 1949—
.Jan
1
Deep Rock Oil Corp. 12-yr. 6% debentures
Feb 15
Dominican College of St. Thomas Aquinas and Dominican
Fathers 1st mtge. bonds, dated 1941
Jan
1
Gas
20c
12-
Class B
12-31
50c
—-—
Capital
Terminal Co.—
10-year 2■•debentures due 1950
due
!
10c
2249
bonds,
1-15
12-10
12-17
12-15
00c
—
;
Axe-Houghton Fund, Inc.,
of Reo.
35c
(quar.)
Co.
(Chicago)
12-24
Western Gas Co. (irregj—15c
Manufacturing, common (year-end)
$lVa
preferred (s-a)_—.
$3J/2
Automatic Voting Machine (Irregular)
25c
'
12-10-
12-21
25c
V
(year-end) —'
Co.
12-23
$134
(year-end
Stamping
12-23
12-21
25c
'
(year-end)—
7%
Holders
50c
'
—
Corp.
—__
Screw
$1.50
a—
Motorists Insurance
Batavia Body
Payable
(quar.)
Y.)
Semi-annual
3%%
common.—
International
Booth
Capital Bank & Trust Co. (Harrisburg, Pa.)
1
Dominion
(N.
Manhattan
Bank
Brooks
bonds, ser. E, due 1969—
Feb
1
Cleveland & Pittsburgh RR. gen. mtge. bondsDec 31
Colon Development Co., Ltd.— '
6% redeem, conv. preference stock
—Dec 31
Commonwealth Edison Co., 1st mtge.;3V2s, series I
Dec 28
Consolidation Coal Co., 25-yr. 5% s.f. bonds dated 1935_Jan
1
Continental Steel Corp., preferred stock
——!
__Jan
1
Cornell-Dubilier Electric Corp. 43/2% deb. due 1952—Jan
1
Crane Co.,
Trust Co.
of Yorktown
Bank
equipment trust certificates due March 1, 1944—Dec 30
1st mtge.
— —.
of the
Bank
3%% bonds, ser. A, due 1969.-Jan 3
Chesapeake & Ohio Ry.—
•
1%% ser. equip, trust certificates due Feb. 15, 1944-_Dec 30
Cincinnati Union
12-23
—
National
Bankers
Co,—
Chicago & Western Indiana RR.—
1st & ref. 4!/4% bonds, series D, due 1962—
3
'
Athol
■
t
10c
.
12-23
1-
preferred "(quar.)—L—
Arkansas
""1
When
share
Fran.)
(San
Co.
EXfcl'JJ
1st mtge.
2%
Companies
preferred (quar.) ——————/
Bank (Fla.)
(s-a)—
conv.
Atlantic
—
Central
Trust
Name of Company
American*'Trust
Electric
California
and
Per
•'
■
3
$5y2
Bank
bonds, series C 4% due 1965_Dec 24
series D 3 3/2% due 1968_Dec 24
Mtge. & collateral trust bonds,
Brainard Steel Corp.—
In the
grouped in two separate tables.
are
we
paid. Further details and rec¬
ord of past dividend payments in many cases are given
under the company name in our "General Corporation
and Investment News Department'Mn the week when
declared,
V,
T FfV'F /'
The dividends announced this week are:
/
2247
2247
1
1-
American
which have not yet been
OAO_
%v
1
3
American
bring together all the dividends announced the
current week.
Then we follow with a second table in
which we show the dividends previously announced, but
2039
2246
27
27
series A 4Va% - bonds, due 1944—
Dec
series B 5% bonds, due 1944„
Dec
SS. Lines—
•
'j.!.;
5% collateral trust bonds due 1959
______Jan
Bedford Pulp & Paper Co., Inc., 1st mtge. 5s, due 1949..Jan
Bell Telephone Co. of Pennsylvania—
25-yr. 1st & Ref. 5% bonds, series B, due 1945.^
Jan
Blackstone Valley Gas & Electric Co.—
1st mtge.
1st mtge.
Dividends
first
„
Atlantic Gulf & West Indies
Mtge. & collateral trust
<
,
1
1
n—-----Jan
due 1957_Jan
1-
.vt'; v.,;". Stock dividend
<
Power &
Arkansas
3
American
DIVIDENDS
1525
2246
-
—
12-22
1-
Hard Rubber,
preferred (quar.)
7%
msv
_
12-30
common——
—
Co.,
American
5%
British & Continental Corp.,
$lJ/2
12y2c
Felt
&
American
oh,Q
Dec lb
debentures
——
Feb 1
bonds due 1953-——-Dec.;.23
due 1954
general mortgage bonds
6%
12-18
—1.—_
common——_i.
(quar.)_
Hair
2nd
$6
Announcement in this issue.
Page
Date
4
12-16
12-16
12-22
——:25c
1st preferred (quar.)
'
$1.50
6%
*
12-28
Securities,
Extra'/-
':
1944
of Ree.
12-16
12-28
12-28
preferred
$6
common
Company and Issue—
American,
'
50c
European
American
•'
-—-—J-1—a
(quar.)—$1.3iy4
——
preferred
American
1864
25c
common
35c
514%
2198
Payable
share
(year-encf)_
Shoe,
Extra,
2298
—
—
_
,
Name of Company
.
Erake
American
2298
Holders
When
Per
2088
7% cumul. prior pref. stock-Jan
1
West Ohio Gas Co., 1st mtge. 5s, due 1958——
-Jan
1
Weyenberg Shoe Mfg. Co., 41/2% debentures due 1945—Dec 15
York Corp.—York Ice Machinery Corp.—
1st mortgage 6s due 1947———;
———-.—Apr 1
Youngstown Sheet & Tube Co., serial notes dated 1940-Dec 15
Youngstown Sheet & Tube Co. serial debentures due
1944-1947
—
Dec 15
Redemption Galls and Sinking Fund
Below will be found a list of
Pag®
Date
Issue—
States Leather Co.,
United
Monday, December 13, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
2398
—
__—i
Co.
Magnesia Talc (quar.)
Extra
——
;
—___—
—
9
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4237
158
Per
When
share
<
Name of Company
'
(year-end)
Easy Washing Machine, class A
Class
B
_
12-14
25c
&
Howard
Eaton
&
Howard
Stock
Fund
Balanced
(quar.)™.
12-29
12-24
Common
12-17
.
(quar.),
$1
12-14
20c
(year-end)_™
Eaton
preferred
convi
20c.
Fund
12-14
12-17
I'/o
10c
12-24
12-17
Latrobe
5c
12-24
12-17
5c
12-31
12-10
25c
12-23
12-17
$ 1 Va
1-15
12-31
$1%
1-15
12-31
25c
,12-20
12-10
—
,
Ltd,
Eduadorian Corp.
(year-end).
El Dorado Oil Works...
El
Electric
Paso
;7%
Elastic
6
preferred
Electrographic
(resumed)
Co.
Water
Extra
4
(quar.,l_™_™_—;—«A_„__'
(quar.)
Corp.
Elizabethtown
: (quar.)
—i;—
preferred A (quar.)
Stop Nut, common
%'
pfd, B
6%
(Del.),
Smith
(s-a)
Evans-Wallover
Fairchild
(extra)
Co.
12-15
12-24
Drop
12-18
__™.
Federated
12-24
12-18
$4
11-30
11-30 1
(year-end)__
50c.
Fenton United
7';<■
Cleaning'& Dyeing—
preferred
Fidelity
Fund,
"
(quar.)
Inc.
,*
12-17
12-
(s-a)
1-15
12-31
12-15
12- 3
50c
Extra!
Lion
LUx
Florida
Power
Florsheim
'Class
Fohs
&
1
12-10
12-
1
.5%
Fostoria
1
12-
12-1
1-
Pressed
Steel
'
Wallace
&
Kleiser
1-
J.»,
6%
Co.
(special) _™_.™___..:'
(A.
$3
12-
(George
4%
:
1-3
Fyr-Fyter Co
12-15"
$1.50
1-
1
12-15
Garrett
prior
$5
,
12-
12-24
12-15
12-24
12-15
12-24
preferred
1-
$1
50c
(accum.)._
Ltd
Steel
General
Telephone Corp., $2>/2
General
_™__i
Water
Corp.. (quar.)
Gas
&
Electric,
12-10
12-15
12-
12-24
12-15
$1.25
.
10c
1-
$l'/2
....
—
40c
Stock dividend
Gleaner
1-
Godchaux
$7
75C
preferred
_
1-
,
(quar.)
12-
4
12-30
12-18
1-
1
(W. T.)
1
12-18-
1-3
12-31
J63C
&
12-31
Selected
$6'A
12-29
12-15
50c
12-23
12-16
Hanners
Oil
Fire
._
25c
(quar.).,
Machine
3
12-15
Oil
Harnischfeger Corp.,
5.%
preferred
12-10
1-
65C
(N.
■V
&
Cooley,
Hawaiian
5'in
12-
1212-
12-16
30c
(quar.)
pfd. (accum.)
.
1
7
15c.
preferred
(quar.)..
lc!o
6
Corp
.
Development
(quar.)
Plan
Murphy (G. C.)
preferred
12-10
12-
7
12-14
12-
6
12-27
12-20
Co.....—
7%
-
2nd
5
Gas
Chemical
&
.
9
Navarro
2
New Britain
2
1-
3
12-15
Sundstrand
Machine
12-10
Superheater
Oil
Thompson
6%
preferred
(quar,).
preferred
(quar.)
12-
2
12-
2
12-27
12-17
Special
Industrial
60c
Brownhoist
12-27
12-17
12-10
12-
6
12-10
12-
6
12-23
12-13
12-14
12-
Common
12-17
1st
conv.
Industrial
preferred
$6
Silica,
6J/a%
(quar.)
10%
4
pfd.
$7
1
12-10
1-
1
12-10
1-
3
12-21
1-
3
12-21
$1.75
50c
$1.75i
1-
3
1-
1
—
Co.
(quar.)
'
12-
4
12-
3
Nicholson
1-
1
1-3
12-20
12-
7
3
12-
7
1-
3
12-
7
1-
1
12-28
12-15
12-17,
$1%
12-10
12-
12-23
Canada—
———_-
$1.75
—.
$50c
(quar.)
International Telegraph (Me.)
Investment
Co.
of
America
Kansas Electric Power,
5%
Kansas Gas
CO.,
&
Electric
Common
1
1-
3
Gas
7%
preferred
conv.
Kendall
Orpheum
Co.
Service,
(quar.)
(year-end)
preferred
Public
Service
Building
Pennsylvania
Corp.
Power
&
12-14
Phillips
Packing
Phoenix
Insurance
Extra
12-15
American
12-20
Plough
Plume
shares
Inc.
12-22
Pratt
&
67V2C
12-29
12-22
Premier
La
Salle
70c
Industrial
preferred
&
Extra
Atwood
2
12-15
$1
1-
2
12-15
.-..1—.
Corp.
Mfg. Co.
(s-a)„
7c
——*
(quar.)
Co.
Ltd.,
Co
pfd. (quar.)
(year-end)
Inc.
(year-end)
12-10
12-28
12-18
Providence
12-13
$1.50
12-17
12-
Corp.
(quar.)—
12-31
12-10
$iy2
12-31
12-10
17y2C
12-30
12-22
'
Prudential
1-
1
12-15
1-
1
Washington
&
Insurance
:
7%
Iron
1
II-23
12-14
1-
1
12-14
12-17
12-10
10c
12-20
12-
1
W.)
(F.
preferred
1-
3
$3 V2
1-
3
475c
1-15
12-15
4$ 1.75
Co.
com.
1-15
12-15
1- 3
12-20
SOc
(yr.-end)
Co.
Co.
12-22
1
3-22
12-15
12-10
10c
12-10
12-
6c
12-15
11-27
8c
12-22
12-
8
15c
12-10
12-
6
10c
12-28
12-13
75c
(year-end)
/
(irregular)—^—,.
(quar.)—
—
(year-end).—.;
—,
4-
12-15
lc
12-23
12-13
12-
$1'A
(monthly)——
(irregular).——
Co.
8
—
(Amer.
Transit
(initial)
Youngstown Steel Car
7
11-
4
10c
12-10
12-
6
15c
1-
5 VsC
rcts.)__—.
deposit
Association
Corporation
(irregular)—.
————.
15c
(quar.)—
4
12-20
12-23
12-10
announced
paid.
this
The list does not include divi¬
12-
12-15
1-
$2Va
3
12-24
12-10
12-24
12-10
12-31
12-
1-
3
8
12-15
3c
12-23
12-
7y2c
12-31
12-24
1-
12-14
30c
Bank and Trust
Companies
Per
Name 0/ Company
Share
When
Payable
Holders
of Ree.
9
Amalgamated Trust & Savings Bank
(quar.)
(Chicago)
;
American Trust Co.
Bank
of Nova
Boatmen's Nat'l
—
(San Fran.)
Scotia
(quar.).™
(quar.)..
—
Bank,of St. Louis (quar.)..
Co."(Phila.. Pa.) (year-end)
Broad Street Trust
Cass
Bank
Central
&
Nat'l
Chartered
1
the
preceding table.
9
12-24
'
week, these being given in
6
1-15
t$l3A
■
dends
11-20
1
12-23
40c
Investing
give the dividends announced in previoui
we
11-26
12-
12-
25c
(quar.)
Below
weeks and not yet
12-10
12-15
$2%
(quar.)
Prudential Personal Finance, class A
(yr.-end)
Puget Sound Pulp & Timber Co.—
6% preferred (quar.)—.
3
tic
RR
preferred
1-
50c
—
Worcester
Paper,
12-
12-24
,
12-15
12-10
$10
.
12-28
.1—.
II-18
12-31
$1%
:
...
25c
10c
11-14
3
$$1%
Gold
Provincial
6
1-
50c
7%
Mining, Ltd. (reduced)
Propper-McCallum Hosiery, 5% pfd. (s-a)_.
Extra
12-
$2.50
50c
Power
Lambert
Providence
_
'.
...
Rico
1
12-16
1-
$1
Finance
class A
:
6%
12-15
12-14
12-
50c
(accum.)_.__™„"
Service.....—.™—,—
Petroleum
Worcester
12-15
12-24
$1
$1
$1%
5
12-
12-17
12-22
15c
12-29
„
8
12-27
(quar.).
62'/a c
(irreg.)
12-
50c
(interim)
North Adams RR.
&
Food
6
12-15
Pinchin, Johnson & Co.—
Pratt
___i
52V2c
25c
—
—
11-30
(resumed)
Telephone, common
6preferred (quar.)
11-30
25c
12-15
A
12-15
—.
(Hartford)
40c
class
12-15
(quar.)—.
Co....
Kittanning Telephone Co
Knapp-Monarch, $2V2 preferred (quar—-$2.70 preferred (quar.)
Knott Corp. __r_
Kresge Department Stores, common—.1
conv.
12-15
York
Portuguese-American Tin
Crosse
3
12-31
Trading—
12-15
$2
Public
Crampton
Wool worth
12-27
,
Investment
1-
37¥2c
La
Wisconsin
Woodward
12-14
12-18
Winters
&
■;■■■
$1.50
Oil
12-18
12-15
3
3
50c
_..v
Stationery,
12-10
3
....
3
1-
80c
(quar.)™.
12-28
1-
(accum.)..
1-
75c
(year-end).
common
Will & Baumer Candle
$6'preferred (quar.)
—$1.50
$5 preferred (quar.)
$1.25
Pennsylvania Telephone,. $2.50 pfd. (quar.)
62V2c
Peoples Telephone Corp. (quar.)
$2
3
30c
preferred
Woodley
!___
preferred (quar.)
Kuehne Manufacturing Co.—
5%
12-15
&
12-15
$1%
(Iowa), 7% pfd. (s-a).
Ltd., common (quar.)..™
12-15
—
12-24
30c
.
(quar.)
10c
—.
12-20
Co.
Western Tablet &
3
Porto
4%
Grocer
Wisconsin
Light Co.—
a
i—ii
(quar.)
3
Co..
preferred
1-
preferred
12-15
...
7%
$1.75
$7
1-
(quar.)
$1.40
...
12-20
$1
Water Service Co.—
12-11
12-21
87y2c
3
Fixture—
Westgate-Greenland
(year-end)
12-
(quar.)....
.....
(quar.)
Cd. (quar.)
12-15
preferred
Gas
12-17
12-27
$ 1V2
Ohio
preferred
12-13
(year-end(_—
1-
,
preferred
12-24
1-
7
$6
&
1st
12-27
12-10
■
...
Showcase
25c
Inc.
.
4$ 1.25
(s-a)
partic.
West Virginia
Lines—
12-27
'
,
preferred
50c
Co.
(quar.)—
25c
class .A
B
6%
Mills,
Western
Co.
...
(quar.)
(year-end)
Western Grocers
25c
Co,,
Class
12-17
V2c
(initial)
Wire
3
Securities
conv.
Ltd.
Knitting
7
25c
Kirsch
Wayne
6
3
1-
3
Mills
12-
1-3
1-
Warwick
12-
$1.25 partic. class A
Philco Corp. (year-end)
$1.75
v,
12-
Greyhound
Pittsfield
_______
3
12-10
8
—-
...
12-15
Can
12- 8
1-
$2
—
Baking Corp.,
12-15
Pacific
12-24
I-12
preferred
12-20
——
8
12-30
1
common
(year-end)
(quar.)...
$3 2nd preferred (quar.).
Waidlua Agriculture Co, (year-end)
-7%
$2
(year-end)
12-15
1
Cotton
Co., common—15c
preferred.
15c
Pacific
Pacific
Wagner
.
(quar.)
Inc.
Co.
Pavonia
12-10
preferred
West
1-
Brewing
partic.
1-15
12-
2-
12-10
6%
12-15
$1
12-10
Olympia
15c
(quar.)_„
common
1
12-23
1-
Tobacco,
12-30
—
1-10
12-20
3
12-
$1.25
$iy2
Petroleum
$1.25
8%
,
(quar.)
class A (year-end)——
12-15
Keith-Albee-Orpheum Corp.—
Leaf
1-
1-
12-16
$2
preferred
12-20
1-20
SOc
12-24
Weber
Water
12-27
$13A '
i
12-29
12-17
non-cum.
12-20
12-20
20c
12-16
Ohio
3
3
65c
3
_J.
11-
(year-end)__
Corp.
12-27
1-4
12-15
Universal
Steel
50c
(quar.)
Ohio Service Holding Corp.—
12-15
12-24
11-26
Washburn
Corp.
12-14
10c
Cyclops
Novadel-Agene
1
10c
_________
Inc.
Universal
12-10
■
(quar.)
preferred (quar.)—
Utilities
12-24
12-21
-j:
——„_
12-20
12-24
3
12-1
preferred
1-
Co.—
United
3
1-
(quar.)——
—$1.62% ;
Northwestern Telegraph Co. (s-a)—————
$1.50
$6.50
——
12-27
17 V2C
12-
(year-end)—
12-20
$2.50
(quar.)
(s-a)
12-15
Mfg.
12-14
12-27
Corp.—
preferred
1-
Greyhound Lines Inc.—
(irregular)
5
—
$2.75
Judd
&
Common
12-11
12-15
Stockyards
conv.
Inc
Co.
12-16
$1.75
pfd. (quar.)
Wire
12-24
$1.50
7%
&
12-13
$l,/4
preferred (quar.)
Steel
12-27
Northland
5
1-
$1.18%
$1
75c
—
12-10
1-
$5
1
80c
(year-end)
12-20
.
2
62 Vac
__
common
8
Inc.
12-10
$l>/2
preferred
conv.
8
Aviation
12-13
12-30
$1%
(accum.).............
Plywood Corp.,
12-
American
12-
12-21
$1.75
12-
North
12-11
12-15
75c
;
12-20
.
12-17
12-15
$30c
..
(s-a)"_.^...—
common
(s-ai
12-20
.
12-16
12-27
37V2c
12-29
—
12-18
12-23
$1V4
(quar.)...
30c
25C
'___
(quar.).
Co.
common
$iy2
96 '/3c
(s-a)
preferred
(quar.)
Kansas-Nebraska Natural
2-
Insurance
Wabasso
.Extra
12- 8
12-18
15c
(year-end)
12-10
Co
12-24
30c'
—
12-29
File
3
12-24
(quar.)
10c
_.__
1-
1-
Circuit—
12-15
(quar.)
12-10
3
.....
3
preferred
4'
(year-end)
pfd. (quar.)„
12-15
12-20
$l3A
1-
7%
Rosario
Light, $6
$1
3
12-15
«1'A
"
1st preferred
S.
70c
12-10
1
1-
$l3A
Utah-Wyoming Consolidated Oil Co
Viau Ltd., 5% preferred (quar.)—..:
&
1-12
45c
12-27
1
12-
(s-a)
12-14
12-13
1
25c
12-
12-15
•
Co
preferred
United
3
6
12-15
International Securities—»
$1.50
12-10
12-
25c
pfd.
12-15
$3%
15c
12-
1
3
12-14
(accum.)
(Toronto)
1-3
Oversea
International. Shoe
$5
6
1-10
1-
50c,
! 7% preferred
(quar.)—-—-:
International Paints, 5%, pfd. .(accum.)
$6
12-
1-
12-27
12-
60c
Foreign Securities, $6 1st pfd, (quar.)
2nd preferred (accum,).
S.
$5
I-15
12-18
12-15
J$1
12-24
12-15
2-1
12-13
1-
12-10
1-15
12-24
$l'A
—
&
7%
12-20
20c
,
62 3/2c
85c
$lJ/2
$1%
II-27
12-22
3
—„—$2
(annual)
12-13
9-24
U.
—-
12-13
7
12-13
(s-a)—$2J/2
$2y2
common
(s-a)
Statler
Hotel
'
'.:•
—
Niagara Share Corp, of Md., cl. B common.
6 % preferred class A (quar.):
12-
1-3
$150
$13A
(quar.)
12-31
7/10c
U.
Power & Light Co.—
I-15
2-15
12-13
12-14
(year-end 1
Products
Thc-atre
Shoe Machinery,
preferred (quar.)
United
12-11
12-15
8
40cv
20c
;
12-22
1
8
12-
■
Power
3-
12-
12-18
Co-
.—
Honduras
12-30
12-20
12-18
12r15
12-20
3c
....
United States Guage,
$1
50c
York
12-30
$6
1-29
12-27
$1%
(quar.)..
12-20
3
11-30
15c
......
Pacific
50c
(quar.)——-:
York
12-10
1-
37y2C
12-15
2-15
(s-a)
B
U, S.
—
—
class A
Corporations Ltd., cl.
6%
12-15
12-29
12-15
75c
Carbon
United
12-29
31'Ac
(accum.)
United
United
12-15
65c
United
12-15
12-18
1-3
75c
'
12-13
12-13
12-28
$1.50
(quar.U.
preferred (quar.)™
12-13
■
1-20
$1.75
(quar.)..'.™.-...—
Aircraft
1
75c
Pgper Corp.
Artists
2-
12-18
(quar.)—.—
United
1 .P.-
12-10
8
12-18
.
—______
Co
Upion Bag &
1
12-20
.
Coach
I-
12-31
12-10
$1%
City Rapid Transit, 7%
1-
$1.75
$1.75
(quar.)—
12-20
12-31
12-28
12-21
•
12-
$13A
(quar.)
Mortgage Co. (quar.)——
of America/ common (year-end)
preferred
5%
12-11
1-15
12-15
C
—
Products
Twin
1-
quar.).
New
12-22
Twin
50c
New
II-30
12-16
12-22
3
12-21
12-28
.
Trusts & Guarantee Co; Ltd,
■:
•
Fire Insurance
(quar.)
preferred
Y.
N.
1-
12-13
$1%
$5 preferred (quar.)
(San Fran.) —
(s-a)
United
12-16
$1.25
Nickel Co. of
12-23
7%
Trico
$1.25
12-31
12-
(accum.).
International
12-24
12-15
1-
t20c
(quar.)
New York & Harlem RR.,
>
preferred
3
12-24
$1.18'A
(year-end)™————
preferred
Extra
Toronto
$1
—
1-25
Steamship Co. (year-end)________
Interlake
12-15
B
12-13
12-28
25C
Products,
preferred
Class
3
12-28
$1%
pfd.
Tool
Toklan Royalty Corp.,
„
$iy2
12-15
75c
__i
12-24
$1.75
12-31
$1.50
Corp.-——-:
12-15
1-
1-15
period
Trailer Co.
lc
$1.50
(irreg.)™
Rayon
Industrial
12-15
1-15
4
12-16
.u™—_
—....
Guaranty Co.
$7.50
i$i.37y2
New London & Northern RR.
8
$1.75
Corp.—'
12-29
50c
——.—__
Inc.,
Machine
New Hampshire
$5
_
12-15
1-
t48c
'
Title
12-15
12-29
$1'A
:
(quar.)
Bearings—
Co.
New Jersey
20c
__
3
10c
43 %c
■■ •
12-10
12-27
Year-end
12-17
3
6
12-
25c
(quar.)
1-
12-
15c
preferred (quar,) ™u_.•
Stayton Oil Co. (quar.)
—•<
Stroock (S.) & Co. (year-end)
12-15
$1 3/4
12-27
$1%
59c
12-15
:
12-11
$1 Va
common
3
(quar.)
Co.
months
two
(quar.)
Works,
1-
—
Extra
12-10
Corp.—
7%
-•
12-20
Co.—
conv.'preferred
12-
$1.25
!
12-30
preferred
$1.50
(quar.)—_
(quar.)
preferred
12-
$l'/2
S3
preferred (quar.)
Indiana General Service Co., 6% pfd. (quar.)
Indiana & Michigan Electric Co.—
6%
Stanley
12-10
12-20
50c
(quar.)
12-15
,
preferred (quar.)
V,'o preferred class C (quar.)
National Candy Co. Inc.
(increased
1% 1st preferred (quar.)
12-
Associated Telephone Corp.—
Indiana
12-14
11-30
12-20
12-10
$1%
...
12-29
12-10
25C
:—.
(quar.)
preferred B
12-15
12-15
12-20
4
Springtield Gas & Electric Co., 7% pfd. (quar.)
Standard Paper Manufacturing Co.—
Common
(irregular)
12-15
3
7%
12-20
12-22
10c
31)—
3
2nd
preferred
12-11
7V2c
Corp
(quar.)
1-
(represent
Aug.
preferred
Springfield City Water, 6%
7%
preferred A (quar.)
■,
12-17
8V3C
quar.)...
1-
—
Manufacturing
1st
12-11
10c
preferred
11-19
1
12-15
Public Service—
$1.75
(quar.)
common
$2
6 Va %
1
1
5c
...
—
(initial
ending
12-15
12-
5c
(quar.)—
12-20
50c
(quar.)_.._i._—
Imperial Chemical Industries—
$5
Common
12-15
(quar.)—
preferred
5 y2 'ic
$1.50
15c
deposit rets, (interim)
Incorporated Investors .......u.....!——
Common
12-15
1-
12-27
25c
(year-end)......™.—
Co., class A (quar.j.—
(irregular)
Weaving
12-15
3
12-20
12-
Co.
Paper
12-29
$iy2
__
(New Haven)
Lead
Southwestern
3
7
12-
12-10
10c
Royalties
12-22
1-
12-16
3
1-
12-27
35c
B
2
1-
12-28
50c
—...—,
(quar.)....™—™_™;
Southern
Public Service—
v.t.c.
Co., class A
12-
1-
2-15
12-24
25c
(year-end)
Co..:
12-15
1-
2-5
1
1-4
;
(irregular)..-....-...—.
12-20
8
3-
20c
Co.
2
37
35c
Amcr.
1-
2-15
24c
12-15
$1.50
————
(quar.)..—~
12-30
6 'Ac
(quar.)
Co,
$6
65C
50c
preferred
Indiana
12-20
3c
preferred (quar.)
......
Solar Manufacturing Corp.
(irregular)—..
Southern New England Telephone (quar,)__
40c
Paint Co.,
Murphy
North
Fibre
12-20
$1.75
J$3'/2
™_
Hummel-Ross
12-13
2
$1%
J 5c
Co., 7% pfd. (accum.)__
Indemnity Co. (N. Y.) (year-end)
Rapid Transit, common
%j preferred
(quar.)...
...u...
Bearing
3
80c
Rayon, common.........—
Smith'(L.-CM & Corona Typewriter, com—
1-
35C
;
(year-end)
Co., 4%% preferred
12- 9
,
'
«
Honolulu
&
12-15
1-
$1%
Skenandoa
$l'/2
50C
Holt Renfrew &
Ball
12-15
12-29
25c
Munsingwear, Inc.
Motor
$2
Home
12-24
62y2c
——
—
Penn
Bank
National
25c
....
...
12-15
1
35c
—....
(quar.)
55c
■
$7
Radio,
12-9
12-20
7
75C
(quar.)——
(quar.)
12-20
50c
...
(resumed)..
Co.
1
15c
$5c
lc
V 69c
Simplex
(interim)—
Utilities, common
Casket
25C
.
...
Electric
Hoover
12-
12-14
75C
(quar.)—
National
43 %C
Light (year-end)
HoUingor Consolidated Gold Mines (monthly)
6
Signal
50c
preferred (quar.)
Morris
10c
(quar.)
Motors
3
11-
25C
(year-end™.™. —
Machine
Falls
Leather
Class
Cafeterias Consolidated—
15c.
(quar.)
common
Heywood-Wakefield
«
12-24
1-
10c
Mines
Telegraph Co.
$1
—
Machine Co,, class B (quar.)
preferred class A (quar.).—
Holly
3
(quar.)
Co.,
1
$1.25
issue (quar.)__._-_____-
Consolidated Ry., 7% pfd, (accum.)
Hercules
Hilo
12-10
(year-end)
12-
$1.25.
__
Hendey
$2
12-20
2c:
(quar.)
West
Monumental
12-16
1- 3
25C
'
Slialer
Malting
Rubber
Sherman
(quar.)———
12-10
50c
common .(quar.)
common,
(Walter E),
7%
••
12-15
(Toronto,
Co.
(quar.)—
preferred
Montreal
20c
Heller
3
Co.,——-———
Mfg.
Co.
$lJ/2
&
1-
——„_
preferred
$5
12-10
3Z
12-13
10c
_
Y.)
(quar.)
5%. preferred, 2nd
Hart
Seton
Class B
Co.
Edison
Nashua
f 40
-—
__
Insurance
12-23
1-
$1%
(special)—
American Shares
Seneca
12-20
25c
...
i
12-20
3
(s-a)——-———
preferred
7'/o
12-17
1-
00c
(year-rend)
Co..
12-15
3
12-27
$2 '/2
.
—:_™_—
Harbor Plywood Corp., $2 conv.
12-10
$2
....
preferred
$6
Co.
Brewing &
1-
—
Gold
&
Montana-Dakota
Co.—
(s-a)
Co.
1-
25c
preferred..—i.___
(accum.)™.
A.)
Hanover
;
1
30c
(special)—-—'
12-15
12-31
(quar.)___
Insurance
(M.
(year-end).
Ohio, $5
Amercan
Halifax
Seiberiing
12-
Stores
Monongahela
12-15
12-31
+62V2c
—
Co., common
preferred
Hanna
12-10
12-15
(extra 1
Co.,
Dredging
Tool
Morrison
—
Co.
preferred
Mobile
6%
12-17
25c
—.
—
preferred
$6
12-18
1-
$1.50
...
6ti
12-15
12-30
$1
(quar.)
(quar.)
(quar.)™
Hosiery
B.
Seattle
(quar.)
Co.
&
G.)
preferred
Missouri
$1.75
class A
(quar.)...
preferred
&
12-15
Steel
Mission
4,
1$1
H.
12-23
Corp.
12- 4
25c
Sugars Inc.,
Common
5 'c
25c
(year-end)
Johnson
12-
12-15
~25c
1
Gulf
Surety
Minnesota Power & Light Co., 7 % pfd. (quar.)
Goodyear Tire & Rubber of Canada-
Grant
Electric,
Seaboard
Midwest
12-15
12-15
12-15.
Corp
Gold & Stock Telegraph Co.
Gotham
Scranton
12-15
35c
Insurance
Cockshutt
Conv.
12-13;
3
25c
.—
Tubes—,
preferred
5%
12-17
12-23
12-15
1
12-24
(l/'20th share)
Harvester
Steel
Globe
12-10
12-27
$1.75
(quar.)
12-31
12-13
12-24
G2V2c
9
12-15'
3
Paper, Ltd., common
preferred (quar.)..'
37'/2C
.
(year-end)—.
——_
Meyer-Blancke Co., common (year-end).—
l'/o: preferred
(quar.)
Michigan Associated Telephone— *"
6'/f
preferred (quar.)
Mid-West
Refineries Inc., common..
12-10
12-20
25c
j
Life
Co.
Mercantile
12-20
(quar.)_
$3
11-20
12-27
(s-a)
t$1.75
;
—————.——
Electric
Medford
12-31
1-15
40C
Girdier
12-23
11-20
1
2Cc
Valley RR.
Holland
$1 'A
!'/</ preferred
12-15
1
10c
___
pfd.
2
1
12-
$1.75
pfd. (quar.)
7%.
Products—-
(A.
Rochester & Genessee
$1.25
Mead
3iy4c
■
General
112-
IOC
1st pfd. (quar.)
Hosiery Mills Inc. (irreg.)..
Sangamo Electric Co. (quar.)
(Del.)—
(quar.)
McWilliams
Corp.—-
Printing Ink, common.—
preferred (quar.)—__™__._________
Wares
..
8
.
General
.$6
$2
$3'
_
Electric
&
6
2c
(quar.)™
6%
(year-end)
Products
Oil
McLeod
12-15
'
Corp., common.!
___—_—__
preferred (quar.).™
Gas
12-18
5o
Rollins
(year-end)
McQuay-Norris Mfg. Co. (quar.).——.—!
12-20
(quar.)—
59*■ -conv.
General
Goods Co., 7%
2nd preferred
12-17
quar.)—.—.———
Wall
McLouth
25C
™
class A
7%
12-17
1-15
$1
1
A.)
,
12-10
Rice-Stix Dry
12-18
12-24
1-
Co., common (year-end)
preferred
preferred (quar.) _____-._-_.__i-.
conv,
5
3-15
12-22
i$6
McKee
37'/2c
Co.,J'6%
$3 "convertible
2-
1
12-18
10c
12-27
preferred
McGraw
6
$l»/a
Fruehauf
5
1
4-
12-
12-27
12-29
$1%
(year-endi.
J.)
—
Theatres,
Mfg.
Metal
■
Mascot
12-14
12-22
75c
Trailer
Freiman
•?
B
Marsh
12-20
3
75c
1
—
pfd; cl. A (quar.)
pfd. cl. A (quar.)
preferred (accum.
Inc.,
1-
3-
12-15
30c
B
12-28
(quar.)..———————-.1.-^
A
Manufacturers
12-20
12-10
10c'
*
&
Foster
(R.
12-13
1
75c
...
Tobacco, com,
(year-end)..
Rhinelander Paper (irregular)
Class
1-15
75c
12-18,
3
1-3
25c
.(resumed)'■
Forbes
(irregular).
30c
Corp...
(Marcus)
Common
12-10
50C
B
Co.
Co.
50c
Mansfield Tire & Rubber Co., 6% pfd. (quar.)
12-10
$1%
class' A..™-.™-.-----!!-',
Shoe,
Oil
Fuller
RR. & Canal (s-a)
Mahoning Coal RR., common
12-17
12-
50c
;
$7 preferred (quar.)
Light,
Bit
12-17
1-
50c
:
.....
Reynolds
—-
.
'
•
•
Aircraft
Clock
Lyon
12-17
12-24
25c;
1
Roller
1-26
87l/2c
.....
Co......
Extra
(N. J.) —
Co.__—>
Little Schuylkill Navigation
Locke, Steel Chain (quar.)
9
12-10
25c
Match
Class
17c;
f
<s-a»
Electrotype
of Rec,
Payable
20c
•
...
Manufacturing, com. (year-end)-.
7% preferred (quar.)
....—
Republic Realty Mortgage Corp. (year-end 1
12-31
1-15
1st
Rapid
12-31
1-15
Louisville Gas & Electric
50C
—
1
Class B
^ .'.Extra
1-
75c
50c
'
■
America, common
preferred (quar.)
Reliance
pfd. (quar.)
B
Loew's
6
I-10
12-24
15c
(quar.)—_.
cl. A
Reed
12-15
(quar.)„_—1.—!
A
Class
1-15
$1%
Security Corp. of Ogden,
12-
12-14
-'/'v
______
?, Extra'—V
First
'
12-23
12-20
50c
.
...
12-
50C
•
v.t.c. (irreg.)
Inc.
12-20
12-27
$3'/2
4
1-
—6c
Class
Lockheed
7
12-10
IOC
Forge....
Publications
••
(
50c
/
.
Corp.
1
30c
,
1-15
37 9/10c
Lerner Stoves Corp.
(increased)62y2c
Link-Belt Co., common
(quar.)——.—50c
6V2%
preferred (quar.)-!————
$1%
12-20
«
Zinc
Aviation
1
-
Federal
*
12-31
share
of
.
__™—-—>
Eppens
Co..
Lehigh & Wilkes-Barre'Coal
Liquidating
12-23
1-
Steel
Electric
12-20
Corp.
Holders
When
Per
Name of Company
of Rec.
15c
25c
$3.50
—.■—v.—,-,—
preferred (s-a)
Class
$2.75
....
75c
Holders
Radio
(quar.)—
Langendorf United Bakeries, 6r/e
;
25c
;
When
Manufacturing Co.—
Plant-Choate
La
Payable
share
Name 0} Company
of Rec.
12-29
25c
-Her
Holders
Payable
'
2399
Trust
Bank
Trust
&
(St.
Louis) (irreg.)
(Richmond, Va.) (quar.)
Executor
(quar.)
County Trust Co. of Maryland (annual)
—
•
$1
12-27
12-21
4.0c
12-15
11-30
4$23/2
30c
20c
$2%
50c
J$1
30c
1-
3
12-16
1-
2
12-21
12-15
12-
12-15
12-10
1-3-44
12-24
1-
3
12-15
1-
3
11-15
4
■
(i
When
Payable
(quar.),...
Dallas National Bank (Dallas, Tex.), (quar.)
1-3-44
$1
1-1-44
12-30
12-31
First Nat'l Bank (Memphis,
12-23
Beach)-—
First Nat'l Bank (Palm
3
;
of Pittsburgh,
Bank
National
First
Common
1-
3
1-
12-17
12-10
12-31
37 Vac
12-15
12-15
12-
"...
$2.25
12-15
11-30
75c
12-15
12-14
12-10
15c
1-3
*12-14
50c
1-3
50C
1-15
12-30
A..
(Milw.) —
Bank
(Chicago)
Nat'l Bank
(quar.)
Midland Loan & Savings
3
12-31
12-24
American
National
Extra
'
■— ,,n ,m>
-
n-
~. m. —
A
i«r r-'Ar'-fr 4r-'^—'-Xf
"
(Toledo)
12-24
12-31
12-31
3
1-
12-15
12-28
1-
12-15
_
12-
12-15
12-
6
12-15
12-
6
12-31-
12-31
$2
Del.)
Albany
of
News
Optical Co. (quar.)
Paper Goods Co., 77c pfd.
Trade Bank & Trust
(N. Y.)
States
(N.
Trust
Y.)
(Chicago)
Nat'l Bank
6-30
3
1-
12-
and
Industrial
47o
preferred
6 7e
1
6V2 7
Glove
Works,
Acme
Wire
Snuff
Co.,
preferred
Adams-Millis
(s-a)
Stores Co.—
(year-end)
Bearing Mfg
Ball
(N.
Surety
Y.)
12-15
12-20
12-10
American Telephone
1-3-44
12-22
American Thermos
1-
3
12-13
American
3
12-13
American
Tobacco
12-20
11-18
American
Water
Aetna
Casualty
'
*
$6
11-18
''
11-
Surety
Common
Aetna
Life
Insurance
Anaconda
Copper Mining
12-
2
Anaconda
Wire
2
Andes
1-15
1-
2
3
12-17
12-10
12-15
12-
1
1-
3
12-
1-
3
12-
4
1-3
12-
4
1-3
12-
4
12-23
12-10
3
1-15
Alabama
6%
Great
partic.
Alabama
$7
Southern
$7 preferred
Armour & Co.
12-10
1-
preferred
3
11-30
3
12-15
Arnold
1-
3
12-15
Arrow Hart
1-
2
12-20
Art
Metal
4
Art
Metal
Works
4
57 pfd. (s-a)____
Allegheny Ludlum Steel, common (year end)
Alles & Fisher, Inc. (year-end)——
Allied Chemical & Dye Corp. (quar.)—
Allied Products Corp., common (quar.)
Algoma Steel Corp., Ltd.,
Asbestos
$3.80
1-
3
12-15
$iy2
12-29
12-18
$3
Albany & Susquehanna RR. Co, (year-end)_
Alberts Super Markets, 6% pfd. (quar.)
Ltd. (year-end)—
Associated
12-10
12-15
12-
95c
12-22
12-
1
25c
12-29
12-17
1 $2 Va
Class
A
(quar.)—-
12-21
Topeka & Santa Fe Ry.,
non-cum.
preferred (s-a)
57
Birmingham
preferred
&
(s-a)
Coast
Atlantic
Coast
Line
Co.
6
Atlantic
Coast
Line
RR.
12-
American Automobile
Bakeries,
130c
1-
Atlas
12-16
Autocar
12-22
12-10
Automatic
Fire
Automatic
Products
1-
4
1-15
12-23
1-15
12-20
5c
1-15
12-20
«.
;
Co.,
Extra
Avery
Class B (year end)
—
Aviation
Co.
...
(quar.)
(quar,).
12-15
Avondale
12-30
12-15
Axelson
Mfg.
12-30
12-15
Babcock
&
Mills,
(Del.), (year end).
common
!
[_•_
Co.
.
12-31
12-16
12-15
12-
12-15
11-30
3
12-3
(quar.)—
$25c
1-
8
2
1-15
12-31
1-15
12-27
3
12-17
12-15
11-15
1-
1
12-
12-20
11-19
12-15
11-29
(year-end)
common
preferred
$1%
(quar.)
1-
1-
3
12-15
3
3
8
11-26
Bullova
9
12-20
12-10
Burd
50c
10c
12-
12-20
12-10
12-13
12-
12-
Company
Watch
Piston
Co.
iquar.)
Ring
iqu$r.)
Burgess Battery Co.——.—r.— i.:-'/";15c
Burlington Steel (quar.)15c
Bush Terminal Bldgs., 17c pfd, (accum.)...
75c
12-20
12-
12-10
Bush
12-17
12-
1-21
12-29
12*
12-27
12-14
31'Ac
(quar.).—
31V4C
Butler Water, 17c preferred (quar.).——
$1%
Butte Copper & Zinc (year-end)...—„25c
12-27
12-14
California
12-21
12-15
5 ¥4%
7
7.
12-15
7
Terminal
Butler
57c
(P.
H.)
$1.50
Co., 6% preferred (quar.) ..
Co., 5% conv. pfd. (quar.)..
preferred B
non-cum.
6
11-30
12-15
12-20
12-10
3
12-15
$$1.25
12-20
11-25
$10c
t30c
t20c
12-15
12-
12-27
12-10
-
12-27
12-10
sinking fund 1st preference (quar.)..'
Forgings,' class A (quar.)
t$l'/»
t37V2c
12-27
12-10
12-16
12-
1
J$iy2
12-16
12-
1
$50c
12-15
11-15
t50c
12-15
3
12-15
Camden &
1-
3
12-15
Consolidated
Canada
1-
3
12-10
Canada
com.
(quar.)—————.—-Utilities, preferred—
Mining (irreg.)
Pacific
Hecla
1-
(initial)...
(initial)——>
Power,
preferred
conv.
Calumet
12-4
Class
12-
8
Canada
12-27
12-17
15c
12-20
12-10
12-20
12-10
11-30
12-
1
12-31
12-
1
12-15
12-21
11-26
12-21
11-26
12-13
(quar.)
Cycle & Motor, common
——————————
——
Canada Foundries &
12-17
12-30
(s-a)———
Burlington Co. Ry.
Cement Co., 6V27o pfd. (accum.)__.Canada Crushed Stone (interim)—.——
12-14
12-31
12-21
3-
.2-
1
1
12-
4
B
——
——
—
Malting, Ltd.
Extra
Canada
(quar.):
■
—.
Power Corp.,
Northern
1-
1
12,13
12-24
11-29
2-
1
2-
1
1-15
1-
5
12-15
11-22
12-15
11-22
12-18
12-
1-
1
12-15
12-28
1,
12-18
12-
1
12-14
12-
4
3
12-
4
3
12-20
preferred (quar.)—
—.
Packers, Ltd. (quar.).———
Permanent Mortgage (quar,)——
Canada Steamship Lines, 57c
preference—
Canada
1-
12-15
12-22
1-
12-10
12-11
1
11-15
1-25
12-20
1-15
12-20
12-
1
1-
3-
1-
3
12-15
1-
3
12-
1
$$1
12-15
11-30
—_$25c
12-15
11-30
$$1%
12-15
11-30
$37y2c
t85c
i- 3
12-10
1-
11-15
$37V2c
2-
$500
2-
fSl'A
2-
1-10
Ltd., common (quar.)tl2y2c
5 7c cum. 1st preference
(quar.)
—
" $25c
Participating
$'5c
60C non-cum. conv. preferred (quar.)—fl5c
Participating
———,4—
15c
Canadian Car & Foundry, partic. pfd. (quar.)
153c
Canadian Cottons, common (increased quar.)
$$1V2
67c preferred (quar.).,
j$lV2
Canadian Converters, Ltd.
(quar.)—.
150c
Canadian Fire Insurance
(s-a)
$2
Canadian Food Products (quar.)
150c
Canadian Foreign Investment Corp.—
8% preferred (quar.)
$$2
1-
12-15
1-
12-15
1-
12-15
Canada Wire & Cable Co.,
Class B (quar,)__
6727c
preferred
Class A (interim)
(quar.)..——
Wirebound Boxes,
Canadian
Bronze
Co.,
A
—
(accum).
!
Extra
57c
class
preferred (quar.).
Ltd., common (quar.)
preferred
_—
(quar.)
,
Canners,
1
1-10
1-10
12-15
1-
1-
12-15
1-10
12-21
1-
3
12-
3
1-
3
12-
3
.
Canadian General Electric
111-
3
12-20
12-20
11-30
12-23
12-10
Canadian
Westinghouse
12-15
11 -30
Canadian
Wirebound
12-15.
12-
Indemnity
Canadian
Oil
Cos.
Ltd.
(s-a)-
common
I 87
preferred (quar.)
Canadian Western Natural
12-20
1-
2
11-30
1-
3
12-
i$2
1-
3
12-15
$$4
6
Power
$1%
Class
Co.,
A—
Ltd.,
(quar.)
;
1-
3
12-18
t$2
Light
ordinary—
Co.
Boxes
$20c
(extra).
Gas
12-15
3
—
—
Canadian
12-31
1-
—
37y2c
37y2c
1
tl5c
$$1.75
t$l
$$2
$$iy4
Canada
1-
3
.
(quar.)
com.
117c
1-28
12-30
20
12-20
1
11-30
57e
12-17
12
12-15
12-15
1
3
3
10c
$1-32
50c
25c
20c
75c
Electric
California Ink Co.
12-
1-
i".
1
California
12-6
12-15
12-
11-30
;
12-10
1
12-20
12-15
12-15
3
1-
12-
12-15
12-24
3
1-
12-15
12-21
' 50c
12-15
3
3
?0c
ivear-eirdi.
Wilcox Co.
1-
12-15
7c
/
3-24
3-31
20c
22'/2c
10c
:
12-24
12-
J25c
t50c
—
4
40c
;
—
4
12-24
12-15
25c
(quar.)
12-
1
1-
12-21
25c
(yeajr-end)
(Hartford)
12-20
12-31
12-
40c
—
4
12-16
12-20
75c
& Son's
Corp.
12-
12-30
$2%
(year-end)
Corp.
...
(B. F.)
preferred
12-15
25C
Alarm
(year-end).„
(quar.)—
12-
12-
25c
Engine
preferred
Insurance
50c
'
$3
12-1
12-28
3
3-10
$1
1
12-
12-15
12-20
12-13
1-
25c
.
12-10
12-28
12-10
62V2c
3
.4.-4—50c
3-30
v-;/15c
1-
12-31
Co., common—25c
(quar.)_„_..——
$1.25
preferred
l7o
11-30
12-31
12-15
(quar.)
$1.25
(interim)...——10c
Mills
Bucyrus-Erie,
12-30
$2
,
67
1
Diesel
Imperial
Automobile
12-13
(quar.)
class A
Buckeye Pipe Line Co.
12-10
11-29
Corp.—
12-15
20c
12-20
$U2
pfd. (quar.). v
Distillers
12-20
11-30
12-15
$1%
75c
$$l1/a
—
:
(quar.)
3
1
$2y2
—
$1%
.
Ltd.
1-15
Canadian
—
conv.
1
$1.06 %
—
Corp..
1-
3
12-14
12-31
Brunswick-Balke-Collender
$5
1
1-
25c
preferred
Silk
12-20
f$iy2
$3
& Paper
Pulp
prior
$5
Bruck
1-
$iy2
$2!/2
Special
25C
(quar.)
1
1-
37J/2c
common.
pref. (quar.)
pfd. A quar.)..
...
12-28
$1
Insurance (St. Louis)—
class A
6
12-
12- 3*
$2y2
30C
25c
Quarterly
American
12-
RR.—
preferred
1-
(quar.)
3
3
1
11-30
:
1-
12-
non-cum.
2
Insurance
1-
12-13
$2,/a
$l!/2
—
& Co., Ltd., 67c
Brown-Forman
12-15
57c
1-
Alliance
12-11
1
preferred (quar.)
r—
Amalgamated Electric Corp. (interim)
Amalgamated Leather, 6 7f conv. pfd. (accum.)
American Agricultural Chemical
American Airlines, Inc., common (year-end)
Extra
3
12-
Atlantic Refining,
Common
American
Power,
11-29
12-15
—
Columbia
B romp ton
12-15
12-15
—
British
1-
Stratton
11-30
12-24
12-31
(quar.)
9
3
$3
12-31
—
(year-end)—
12-
1-
$iy2
50c
preferred
Oil
(year end)
(year end)—
$1%
Arch
American
$iy4
(Conn.)
(quar.)—
7 %
ponv.
British
$1.32
Atlantic Rayon Corp., $2.50 prior
$4.25
9
$1.54
—————
1
12-10
American
12-
12-15
30c.
$3Va
(s-a)
Canadian Breweries, $3.40
11-30
$iy2
—
(quar.)—
Bright (T. G.)
Canada
1
Aluminum Manufacturers, common
Briggs
3
4
12-15
Inc.
3
12-
4
common
15c
Industries
Aluminum
12-
3
...
(quar.).
12-27
Atlantic Gulf & West Indies, com. (year-end)
12-22
7
$1V2
$2.25
$l'/4
$1
$3
30c
common..
12-
Atlanta
57c
Co.,
Brass
12-
12-11
12-
3
12-
4
12-31
12-11
-11-29*
12-
Light & Power—
12-27
1-
3
12-15
(quar.)
& Co. (year-end)—.
preferred
&
3
3
$2
60c
...
12-31
Astor
$3
i.
.Aluminum Corp. of America—
61c
preferred (quar.)__
57c preferred (quar.)/
& Tel., 17c pfd. (accum.)—.
(accum.).—_——
Atchison
12-22
5V2%
11-30
12-
12-
notes————
(quar.)
(accum.)
Traction
(C.)
12-15
12-
(accum.)
Bridgeport
12-20
12-15
12-3
preferred
Brewer
12-29
12-15
preferred
$iy4
12-11
25c
11-15
12-15
1-3
12-15
...
37y2c
12-10
50c
(year-end)_;
Mfg.
6'ic,
6
12-31
62y2c
Rubber, 67c pfd. (s-a)
(quar.)—4.-
12-20
2
&
(quar.)——
Financial Corp., 75c pfd. (s-a)__—
12-27
1-
Class
Brazilian
f20c
57c preferred
50c
12-27
12-15
11-15
$75c
(year-end)
:
Associates Investment,
$iy2
43 %c
Alpha Portland Cement ——
_
Altoona & Logan Valley Electric Ry._
Tel.
$6 preferred
A
1-14
f20c
Canada
——
Associated
1
1-
/
—
(quar.)4.
Ashland Oil & Refining,
-5
1
$1
Allis-Chalmers
12
Extra
of
Ltd.
12-
:
$1
(quar.)
Breweries
Corp.,
12-28
class A (s-a)
(quar.)
77o
Corp.,
A
$l»/4
4_.—-
12-10
6
12-21
$i*/4
$l'/2
5c
Extra
Brandon
12y2c
12-
3
Hose
12-15
$1
& Hegeman
12-
3
6
12-
12-27
t30c
(irregular)
Woven
Ry.
(E. J.) & Sons
Class
35c
preferred (quar.)
(year-end)
——_/
12-24
1-
12-
12-13
>
RR
Albany
..Extra
12-24
1-
12-13
40c
Wharf
Brach
11-29
75c
(year-end)
Elevated
Boston
12-23
5c
(quar.)—
Inc.,
&
$lI/2
(accum.)
Electric
Construction ((year-end)—
$1%
Alexander & Baldwin,
5
1
12-10
$iy2
(year-end)
Boston
(111.)—-
Constable Corp.——
$iy2
...
1-
6
12-22
37y2c
(initial)
Boston
$1V2
(quar.)
Extra-"
pi'd.
Boston
12-13
12-17
12-
12-
50c
77c
Brass
Co.
$3
(quar.)__
$4V2
—
12-
$l3/4
pfd.
$6
$4Va
(quar.)
11-26
12-15
1
3
$1
common.—
convertible
47c
Common
preferred (quar. )_____.'
Power, 67c
preferred
12-15
Cork Co.—'
1-
8%c
Borne-Scrymser
1-15
1-
12-20
12-15
20c
(quar.)
Borg-Warner Corp.
$l»/2
Corp.,
$6 conv. prior preferred
Armstrong
1-
ordinary—_
12-15*
12-
1-
12-17
20c
35c
4
—•—;
Power
pfd.
(quar.)..—.
Management
12-14
1
3
3
$iya
40c
(year-end)
(quar.)
12-31
6
1-
$iy2
50q
V
...
payable in 5-year 6 7c
Co.
(year-end)..
Borden
3
12-31
57c
25c
$13/4
—
!1$1%
(quar.)
A
RR.,
12-15*
3
12-
1-15
10c
(quar.)
common
(s-a)
preferred (s-a).
Arkansas Power & Light,
25c
Ahlberg Bearing Co., class
12-31
Extra
12-
1-
$1%
(quar.).
'
Extra
Bondholders
1- 3
$1%
$15c
67c
Co.
Corp.
Inc.
12-18
$1
4——
67o
12-31
12-20
Mills,
preferred
75c
Agnew-Surpass Shoe Stores, 17c pfd. (quar.)
Agricultural Insurance (Watertown, N. Y.) —
,
&
Oil
Chica
Stores,
11-30
1-. 1
25c
——
—_
Arkansas-Missouri
12-17
3c
5c
67o
Cotton
Aluminum
Bolsa
12-15
25c
(year-end)
Cable.—-.
&
Mfg.
(Sidney),
Bond
10c
Mining
Copper
Arcade
4
$1
37¥2C
Bohn
12-20
$1
.-
Ltd. (interim)—
Anglo-Irian Oil, ordinary (interim)——
Apex Electrical Mfg., common.,.^
17c prior preferred (quar.)——
11-30
1-
20c
Affiliated Fund
12-13
12-10
45c
Anglo-Huronian,
12-18
12-15
30c
Supply Mfg., class B (year-end)——.
$1V2 class A (quar.)
12-15
12-30
$1V2
——
common-;
12-
$1
Aero
1
10c
Inc.,
12-23
50c
(quar.)
1-
12-15
$1%
——
Blumenthal
'
12-15
12- 1
15c
.........
preferred
$7
Water Works,
Decker
&
Bullard
—
12-23
25C
VV
1
$l'/2
(year-end)
$1
(quar.)—
1-
12-22
■
Electric—
&
12-15
Ridge Corp. (resumed)
Blue Top Brewing, class A ,(s-a)
12V2c
—
preferred (quar.)
67e
Works
12-31
preferred (quar.)
Blue
1
12-28
$2%
87V2c
(quar.)—
Bottle, pfd. (quar.)
preferred (s-a)
Co.,
Wringer
Metal
Ampco
& Telegraph
(quar.)—.
Association
(year-end)
Turf
American
12-20
3
preferred
American
12-15
3
20c
&
(s-a)
Thread, 57c
1-
35c
_____
12-
$1%
75c
$114
pfd. (quar.)—
(year-end)
Tobacco
1-3-44
+$3.25
12-10
12-17
25c
Sugar Refining. 17c
12-15
62y2c
(year-end)
Bliss & Laughlin, Inc., com. (year-end)—
57c convertible preferred (quar.)
Bloch Brothers Tobacco, 67c
pfd. (quar.)..
12-10
3
3
12-15
50c
(quar.)————
Sumatra
American
50c
__
Corp.
Aetna
—
11-
12-30
—
-
Foundries
12-31
Blaw-Knox Co.
60c
—$1.50
common--
(quar.)—
Steel
40c
Co.. (year-end)
12,14*
50c
$1%
——-
American
12-10
12-22
35c
preferred
Acme
12-23
12- 6
American
__
Black
;12- 6
American
12-10
3
Miscellaneous; Companies
(quar.)
12-14*
12-23
-4_-
30c
12-15
12-31
75c
preferred (quar.)
Fire Insurance
3
1-
12-15
(year-end)
preferred (quar.)
American
6
W/o
(quar.)——
$6
Birmingham
Smelting & Refining—
7%'1st
12-23
15c
6
Cement-—
Birmingham
1
12-23
10c
Laboratories
Abbott
3
12-1
20c
Common
11-30
,
1$2
—...:
&
Electric,
12-
$lJ/2
.
—
1-3
1-15 *
t$l
$$1.75
(quar.)
(ciuar.)
Ltd. (quar.)
Hats,
12-14
$1'/»
20c
;
Service, class A—
American
6
75c
12-
12-18
preferred
12-20
(annual)$3
Year-end
7
12-
1-
ii
(quar.)
American
(quar.)
Birmingham
$1.75
(quar.)
$3 preferred
12-21
12-15
preferred
conv.
American
12-31
12-
12-15
$1
Uptown National Bank (Chicago)
Whitney Nat'l Bank (New Orleans)
3
8
50c
66% 7o
12-
3
12-31
t$l
J
12-18
3
12-31
$3
$1%
dividend
Stock
25c
25c
17c
12-
40c
(quar.)
Biltmore
12-
9-30
$10
Upper Avenue
6
12-
12-SO
$15
6
12-
12-20
7-1-44
(quar.)...
12-
12-28
Common
1-3
11-30
12-15
Industries—
Bethlehem Steel Corp., 17o
9
12-
1-
12-15
4V2';c
Limestone
3
25c
(quar.)
11-20
preferred (quar.)
12-15
40c
$2
United
67c
50c
(year-end)
Corp.
Rolling Mill—
12-
(quar.)
common
__l_.iu
end)
Bessemer
10c
10-2-44
'
11-17
American Radiator & Standard Sanitary, com.
3-31
:
11-17
12-15
(bi-monthly—30c
Republics
12-10
1- 2
12-15
1-
15c
Loan,
Harbor Malleable
(Year
12-28
American
(Youngstown, O.) —
Savings Bank (Detroit) (s-a i
—
U, S. Nat'l Bank (Portland, Ore.) (quar.)—
1-12
12-15
Benton
12-28
12-31
United
5
12-20
1-3-44
<quar.)_
_•••••
(stock dividend)
1-
12-15
'
American
12-15
'—..
$2% preferred (1938 series)
4
12-24
3
4-1-44
Corp.
12-
3
1-
1-
$2.50
l/15th share for each share held————
Union Natl. Bank
Co.
12-15
1- 3
(quar.)....—...
Industrial
Year-end
12-30
$2.50
(Chicago)——„———
General Trust
Beneficial
25c
pfd.—
$1
Corp.,
American
$2.50
-----
3
12-15
$1%
25c
$l'/2
$1%
50c
,
(year-end)——
Ltd.
Finance
American
American
(s-a)—————
(quar.)__
12-
'
12-13
Co.—
National
12-23
50c
Bank
Nat'l
Terminal
Toronto
Co.,
Meter
American
12-14
20C
jEewes,
Trust
Bank
Metal
American
3
40c
—_______
Belmont
12-13
(quar.)———,.——
3
25C
———— ■
6
12-22
common—
1-
$2.50
Sussex
preferred (quar.)
(year-end)
1-
371/2C
——————————. •
12-
12-22
Metals
$2
$2.5012-21-44
State
preferred
American
Bank
National
Commercial
(quar.)
Manufacturing Co.,
7%
&
$1
Puget Sound Nat'l Bank (Tacoma) (quar.)—
Bank (quar.).
Texas
Machine
57c
1
37V2C
Locomotive,
1
1
1-15
$1
A—-
1- 3
1- 3
$1
12-
12-15
J
12,13
(quar.)
12,11
3
12-13
1-1
50c
.12-
1-
4
11-30
12-15
t$3y2
3
12-15
12-
12-15
3 ■'
112y2c
......
3
Corp.
11-30
12-15 )
12-15
■
'12-13
...
Radio
12-10
12-31
1
.
1-
12-14
12-10
$1
Packing Co.
x..
11-23
1- 3
1-1
1- 3
(s-a)—
(quar.)..
1-
62J/2c
—-
American
12-15
\
(initial)
American
RR.
2
11-23
1-15
r.__.4„_;,,;.' .,$1
«4x
preferred
8-
10-30
1- 3
10c
.........
Belding-Corticelli Ltd., common (quar.)—..
17c preferred (quar.)._
Bell Telephone Co. of Canada (quay.)
15c
class
non-cum.
Extra
.....
12-13
50c
class B
Inc.
(initial).:
Creek
Year-end
of Illinois—
(quar.)
Locker,
12-11
75c
(s-a)
Co.
B
2nd
Beech-Nut
12-13
1- 3
10c
(quar.)
com.
preferred, (quar.)—
preference
$iy2
3
1-1-44
50c
Beattle-Pirst National
(Houston)
$2
American
1(2-13
12-28
'
$1%
$1(2
-
Corp.'of Del.,
Investment
conv.
20c
17o
25c
(irreg.)
American
Pilgrim Trust Co. of Boston (quar.)
Public Nat'l Bank & Trust. (N. Y.)
(quar,).
Quarterly
Quarterly
57c
•
3
12-28
Class
Beech
75c
75c
20c
common
,
prior preferred
American
12-15
50c
Couth
Conv.
12-11
1-
Ice,
preferred
American Insulator
3
1-1
12-21
i$2
,
(quar,)
Bank (Seattle, Wash.)
Park "Street Trust (Hartford)
Nat'l
Pacific
12-
67c
$8
$1V2
,
Trust
12-24
1-3-44
.
Steamship
.
American
50c
Quarterly
Citizens
12-15
50c
-
'
(quar.)—
(Toronto) (quar.).
Northern N. Y. Trust Co. (Watertown, N. Y.) —
Ohio
12-15
1-3-44
—:
Leather, GV2% pfd. (quar.)
Products (monthly)—
Home
11-29
25c
Extra
.
12-15
3
l-»3
50c
Ltd.
Co.,
Trust
3
1-
$1
(quar.)
"(Chicago)
National Security Bank
National
1-
25c
Bk. (Wash., D. C.) (extra)
Safety Bank & Trust
—:——
Hide &
11-29
12-13
25c
(quar.)
(quar.)-
-1
12
12-13
,
$1.18%
Corp.
12-10
12-20
40c
■
(quar.)
Hardware
1
"
$iy2
7%. pref. (s-a).
$$1%
(quar.:).*......^..^..//........,,: tl2yac
Works _u4i*.—^^4..^,..
6
4-12
1-1
(quar.$1%
!
12-
8-16
$iy4
■
11-30
12-10
11-16
Bayuk Cigars, Inc.
- 37'/2c.
Beatrice Creamery Co.
(quar.)_.44j____..4" "
35c
Special
65c
$4.25 preferred (quar.)
$1.06¥4
Beatty Brothers, class A (increased).—t37y2c
12-11v
1" 1
12-20
25c
(quar.)„
■
Extra -4——Z-u—-
12-15
25c
Nat'l Metropolitan
———
common
.
American
$1
(quar.)
Pa.)
National Boulevard Bank of Chicago
Bank (Chambersburg,
(quar.)—
Insurance (Houston)
American-Hawaiian
1
$3
Extra,
National
Gen'l
American
12-25
(quar.).—'J;
———
Extra
12-26
$1-
Munsey Trust Co. (Wash, D. C.)
preferred"
4%%
American
12-
,
—
Growers—-—
Electric,
pfd.
12-11
12-24
$iy4...
•
.
Canada,
Refractories,
Bath Iron
25c
•
$1('2
i i
15c
15c
12V2c
50c
$3
50c
$1C2
25c
$l'/2
common
■
$5
(N. Y.) (s-a)
Bank (quar.)
Montgomery County Trust Co,
Montreal City & District Savs.
Fruit
Gas &
Basic
of
Co.
Common
''
'
12-16
140c
preferred
Hoe,
12-15
$5
.
——
(quar.)
preferred
American
12-21
$1.13
8%
&
American
40c
1-
Felt,
Fork
6%
50C
__
(s-a)_—
(quar.)
(Ontario)
of Pottsville, Pa.
Miners Nat'l Bank
1
$1V2
—
(quarterly)
Mercantile Nat'l Bank (Dallas)
(quar.)_^
American
12-31
Mid-City Bank & Trust (Pa.)—^ ?
;
(quar.)——-1——
American
1- 3-44 12-18
40C
Mercantile
12-
—
Exchange
National
B
1
1
12-31
50c
.
30c
(annual)
preference
12-15
,
:
(N. J.), com. (year-end)
Colortype
12-
12-
County—
Export Lines
American Express (year-end)
American Factors, Ltd. (year-end)
11-24
—
—
preferred (quar.)
$2 conv,
Class
3
1-
Barber-Ellis
12-15
12-15
.
—;
preferred
5%
12-15
25c
Bangor Hydro-Electric, 7%
G7o preferred (quar.)
35c
American
12-20
$11/4
1
(accum.)
...
Crystal Sugar, common..
6'k preferred (quar.)American Cyanamid Co., class A (quar.)—
12-8
1-
50c
American
3
Irving Trust Co. (N. Y.) (quar.)
—
Manufacturers Trust Co. (N. Y.), com. (quar.)
Marine
5%
40C
Bank (Chicago.)
Industrial National
Quarterly
American
12-1
$3
(irreg.)-.
Bank & Trust (St. Louis)
Industrial
12-20
12-20
1
$lVa
'''.
$2»/2
$5
1
$1(4
$2J/2
./
(accum.)
12-
:
$2.40
__
of Reo.
12-21
...12-15
12-20
12-22
4-22
75c
.,.
(accum.)....
preferred
12-
in cash—;
Alleghany
preferred
17c
Bangor & Aroostook RR., 57c pfd.
5% preferred (accum.)____^__
.
,
V,
(accum.)......
17c
1
12-
(year-end)
Body
Co. "of
preferred
12-15
Cities Power & Light, $3 class A
dividend series of 1936) l/32nd share
Coach' &
(J.),' 17c
12-15
(quar.)
Coal
1
$S1
preferred
(Year-end)
12-15
125c
common
12-
1-
(quar.).
Works
Holders
When
Payable
50c
$iy2
....
(year-end)
Annapolis RR., pfd. (initial)
&
Per'
share
.-
»
preferred series, A
;• 12-15
—1———:
Cigarette & Cigar,
11-30
12-15
Mills
Paper
«:
•
,
Company
$1(4
$1
—
(quar.1
class B stock or 34%c
of
12-10
$11/2
'
12-20
12-15
50c
&
1
20c
(year-end)-r
Cable, common-——
5% preferred (quar.)———
Chain
American
12-21
Homewood Bank (Pittsburgh, Pai)
Bancroft
Car & Foundry,
American
i2-21
12-31
$2
25C
Guaranty Trust Co. (N. Y.). (quar.).
Harrison Nat'l Bank (N. J.) (s-a)-v—-L—Hartford Nat'l Bank & Trust (quar.)
,
12-13*
/(opt.
,
12-10 "
/
--
12-24
preferred (quar.)-..
7% non-cum. ptd.
Cast Iron Pipe Co., 6'/b pfd. (s-a)
l'/o
Co.,
Can
American
12-29
1
12-22
•
Extra'
Baltimore
G%
12-22
Savs. (Ontario), (s-a)
Grey & Bruce Trust &
12-16'"
3-27
12-17
iK
—-
...
Co. (Oklahoma City)—
Quarterly
—————' <"
First National Trust (Tulsa, Okla.)..
Fourth Nat'l Bank (Wichita, Kan.) (quar.).
3
;12-27
4-1
—
Co. IMontclair,
Trust
&
(quarterly):
$1%
$1%
$3
1-
.
i
70c
First Natl. Bk. & Trust
Locomotive
American
5c
—,
Nat'Piank
J.)
12-24
$2i/a
;■
Quarterly '
First
1-2-44
40c
(Portland, Ore.) (quar.)
First National Bank (San Jose)' (quar.)—
First National Bank (Tamaqua, Pa.)
Baldwin
Extra
12-24
40c
First National Bank
12-22
'
1-2-44
40c
common
—————~—r— -
1
American Chicle
50c
—:
1-
American
$1
Extra
Co.,, 6 '/o
V
' '> *
-
Baldwin
American Central Mfg.
12-26
,1-
$3
Badger
9*
American
12-31
1-1-44
$iy2
Tenn.) (quar.)—
9*
12-
American
12-20
$i
12-
1
American
12-44
$iy2
(Cincinnati, O.) (quar.)..
(Jersey-City) (quar.)—
First National' Bank (Media, Pa.)
(quar.)..
1
6%
preferred (quar.)
^4.—75c
American'Bemberg Corp., 7.%. pfd. (s-a)__w,$3'/2
12-31
First National Bank
1-
1-
(irreg.)
common
»
6 '
$lVa
Bank
Nat'l
First
12-
"'12-15
Bank
National
;
Name of
of Reo.
20c
Note,
Bank
American
8
$2
(Chicagoi- (year-end»
Drovers National Bank (Chicago) (quar.)..
Fifth Third Union Trust Co. (Cinn.) (quar.)
Drexel
Payable
:■!
Name oj vompany
.12-24
12-30
40c
■
tioiaers
Per
wnen
snare
''
f
of Rec.
12-
12-15
$$X
(Montreal*
Crown Trust
"
■
.1
Holders
Per
share
Name of Company
N.
Monday, December 13, 1943
THE COMMERCIAL & FINANCIAL CHRONICLE
2400
Ltd.
12-15
12-
1
1
3
12-15
12-23
12-24
1-
Heat
-
(quar.)
1$1
150c
I-
3
12-15
1- 3
12-10
Ltd.—
—
37'Ac
Volume
,
•••',
,
Name of
Canfield
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4237
158
12-16
——
Carthage Mills Inc., 6%
6%
preferred B
(J. I.)
7%
pfd.
Co., common
(year-end);
preferred (quar.)
Catalin
(quar.)—,.
A
—
'
-——
;
of America
Corp,
(year end).——
Central Illinois Light, 4(4%. pfd. (quar.)—
Central
5%
Maine
series
Power
1-28
™_
,
,
.
_
.
—
".Extra
25c
Chesapeake & Ohio Ry. (irregular)
•Chesbrough Mfg. (quar.)______._
Extra
;
.
.
•
Chicago Burlington & Quincy RR. (year-end)
Chicago & Eastern Illinois RR. (initial)
12-13
12-13
Chicago Great West'n Ry., 5% pfd. (accum.)
Chicago Mail Order (year-end) ____________
Chicago Pneumatic Tool Co., common.,—_
12-23
12-20
_________
Chipkasha Cotton Oil
Quarterly
6%
Tool,
4 (4 %
Paper,
preferred
Chrysler Corp,
Common
5%
:
(quar.)
_
'_•
,
5%
12-28
12-15
Ewa
12-20
11-30
Ex-Cell-0
(initial)—
Crown
Drug
Co.,
15c
12-31
12-18
Falstaff
12-31
12rl8
Famous
$2
12-31
12-18
$1(4
12-31
12-18
$1
12-18
12-
4
$1(4
12-15
12-
1
(quar.)__——50c
Co.-—
Cuban-American
7%
1
12-15
12-
1
Curtis Publishing Co.,
$4 prior pfd.
$7
preferred
Cutler-Hammer
Davega
11-19
Debenture
$1(4
1- 3
12-15
5%
5%
Extra
5-15
Delaware
9-1
8-15
Delaware
1
Inc.
1- 3
RR.
(s-a)_
12-10
Clark
Controller
Co.
30c
*
12-15
.
12-
1
12-
1
11-26
Cleveland
$4.50
Electric
50c
1- 3
12-20
7%
common—_*;•■■"■ 50c
12-27
12-10
—
$1(4
Mills——4——--------S. ■'12-21
Worsted
12-10
I
20c
12-14
12-
3
Dixie
$1..20
12-14
12-
3
Dixon
——_
•
Clinchfield CoaLCorp,,'common-—,
7%/preferred tquar.)
Works Co., .7^
Chemical Co.; (quar.)—
25c
$1.75
12-20
2- 1
<
1^15
75c
12-20
12-10
50c
$1.75
-----
-
12-24
1- 3
12-10
.
Cluqtt Peabody & Co. Inc., com. (year-end) i,
7%<>referred (quar.)----*—Coast. Counties Gas k Electric Co.—
•; 4
5%'1st preferred (quar.)-4--—3l(4c
Coca-Cola
•
Co.
(quar.)—,
(year-end)
_/
Extra
; ,
V 75c
$1
——
12-15
Fire
Anns
12-15
12-1
.12-15
(year-end)
Mfg.:
$1(4
Common
Class A
(year-end)
V
<
Columbia
Baking,
.
-
12-
1
12-15
12-15
12-31
12-15
12-
25c
12-15
common—
75c
12-15
,
$1
<■
■
12-1
12- 1
12- 76-
,
•.
12-
,
$6, preferred
.12-24 >t
8c
—
Commonwealth.Squthern Corp.—
1- 3
Inc.
Conlaurum Mines Ltd.
$1.50
1-
3
1-
3
(quar.)
(reduced)
"preferred
Coppermines
—-4.4
(year-end)
Cpmmon
$5
$2
Film
preferred
Consol.
Gas
Common
Light
4",.
Laundries, $7.50. pfd.
8%
Stores,
com.
(increased)
preferred (quar.)__
Steel, Ltd., common—
$5
Power,
preferred
Continental
$4'4
preferred
(quar.)_
Assurance
Co.
(quar.)— '
—__
(year-end)
Continental Casualty Co. (Chicago)
<12-31
.
>
1
Common
.
:
5(4%
12-10
Gatineau
It 5
1-
42-28
12-20
11-24
1-3
12-
1-15
12-
Extra
5(4%
..
El
Paso
Natural
,
2- 1
f50c
12-31
12-1
3
11-27
1-3
Class ,A
12-1
.12-31
12-1
Electric
25c
1-3
1-3
12-17
Elgin National
Electric
,
Products
12-23
12-13
12-23
60c
12-
!
(extra)-
40c
12-15
11-15
30c
12-22
12-10
30c
12-22
12-10
$1.50
1- 3
12-15
20c
_
.
(quar.)______
preference
A
■
__^._™™™_
$6 pfd. (quar.)
Transportation Corp.—
12-
12-10
11-22
General
1-10
2
12-15
General
1-2
12-15
General
4
v
12-18
1-
1
1-
1
12-15
12-
1
10c
12-23
12-
General
3
Elliott
7%
Co.
El
12-3
6%
12-31
12-15
General
Refractories
3
12-
4
General
Reinsurance
1-3
12-
4
1-
3
12-20
General Tire
1-3
12-20
$4.50
4(4 %
Emsco
<
preferred
&
8%
preferred
Derrick
$6. preferred
(quar.)_<
12-15
Coal
Co.
(quar.)
Co.
Insurance
Co.
(quar.),
4(4%
convertible
preferred
$1.50
12-30
12-20
12-21
12-10
Golden State Co. Ltd.
10c
12-21
12-10
Goodman Manufacturing
50c
12-21
12-
12-13
11-27
30c
12-15
11-
1- 3
$5
conv.
$1(4
1-3
12-15
Grand
50c
1- 3
12-15
Granite
Great
25c
12-15
$5
preferred
Oil,
12- 4
1- 3
12-10
12-12
11-30
12-20
1-15
12-20
12-20
$1(4
12-31
12-15
50c
common--™
12-15
11-15
12-31
(quar.)
$1.25
12-15
11-15
20c
12-15
12-
1
50c
12-15
12-
1
Fisheries
75c
Co.
(quar.)
Varnish Corp.
Steel
(year-end)—
20c
(year-end)—
American Indemnity
(N. Y.)
Extra
12- 1
12-31
12-21
$1
American
3
12-17
12-23
12-10
12-24
12-14
16c
12-15
11-19
8c
Great American Investing Inc. (initial quar.)
i
11-19
1-15
12-20
5c
(quar.)
12-15
25c
—
Insurance
1-
35c
(s-a)
12-22
Great
12-11
3
1- 3
class B (quar.)
Co, (quar.)__
Rapids
City
1
1-
25c
™_
Gorham Mfg.
Gorton-Pew
—
Co,
1-
20c
(year-end)
preferred (quar.)_
Co.
Goodyear Tire & Rubber Co.,
Gordon
12-22
F.)
12-11
62(4c
(quar.)
12- 8
\12- 8
1-1
2c
Ltd. (interim)
Goldblatt Bros, $2(4 conv. preferred (quar.)
Golden
Cycle
Corp
1- 3
12-23
$1.50
Mines,
(B.
4
$1.75
12-22
Goodrich
3
1-10
56(4c
(quar.)__,
Globe-Wernicke Co., 7% preferred (quar.)
Gold & Stock Telegraph Co.
((quar.)
Goldale
1-
25c
1-3
1- 3
1-3
12-14
1
40c
Co,, common
15c
35c
56(4c
12-14
30c
__________
'20c
—
12-24
11-30
Falls
(quar.)—
12-15
50c
12-4
Extra
12-10
12-15
1-1
12-14
Glidden
12-15
12-8
1- 1
12-20
6
10c
12-15
11-22
40c
Glen
(year-end)
,12-7
25c
12-
(quar.)_
11-22
12-28
50c
_
12-13
$1(4
$1(4
com. (year-end)
12-13
12-
11-30
(quar.),
& Equipment
50c
(quar.)_
$1.60
Phonograph
$1% 12-8-43 10-15-37
$1(4
30c
$1.25
preferred
3
1-25
12-14
(Texas)—
12-
$1(4 12-8-43 10-15-37
12-15
12-15
8
12-15
1-10
2-1
.12-16
25c
$1.50
(quar.)
Co.,
25c
1
$1.50
Brothers,
62(4c
12-20
1-
11-12
Gimbel
Machine
;
2-15
2-
Alden
Co.—
2-1
$1(4
Glen
Co.
$1(4
1-1
Gisholt
1
12-10*
12-13
12-31
11-30
—
12-20
1
$1(4
12-13
(year-end)_.
11-26
3
11-
$1.50
12-14
(Seattle, Wash.)—•
12-15
Rubber, 6% preferred A
Gillette Safety Razor, $5 preferred (quar.)„
12-20
4
11-29
67c
&
62V2C
3
12-10
11-29
12-18
$1(4
Corp.
(s-a)
Co.
,
—
(N. Y.)
12-20
12-18
50c
preferred ;(quar.)
Girdler
12-
(irregular)
Electric
——
Instruments,
3
50c
Georgia Power, $5 preferred (quar.)
$6 preferred (quar.)_____
:___
General Time
;12-20
$1(4
.preferred
12-15
12<:10
12-31
$l34
;
preferred (postponed dividend)_____
Railway Signal, common (year end)
(quar.)
3
12-10
Watch
preferred
Paso
Extinguisher (year-ena)______
Fireproofing Co., 7% pfd. (quar.)_
preferred (quar.)
1- 3
12-20
15c
$1
Mills, 5%
Corp.
12-
25c
^____
—
General Motors Corp. common...
$5 preferred (quar.)
—_i__™
$5.50
12-10
12-15
12-3
12-21
30c
—
Advertising, 6% pfd. (quar.)
General Paint Corp., $2.67 preferred (quar.)
General Precision Equipment Corp.________
General Public Service Corp.—
$6 preferred (postponed dividend)
12-15
12-21
25c
:
General Fire
1-25
12-
Cigar
Extra
:
1
l(4c
Brewing Corp., common.,
convertible preferred (quar.)_
General Bronze Corp._™__
11-30
•
4
12-20
9(4c
—____—'
12-18
.-_i
12-
12-13
12-28
;
1-3
12-11
12-
Consol.
12-14.
12-24
12-15
12-14
(quar.)
11-30
:
12-28
3
50c
25c
$1(4
Investors,
1-3
12-24
12-14
3
11-30
$2
.
1-
11-30
12-15
12-15
75c
6%
•
12-15
(quar.) ___
General
1-
1
$1(4
12-.10
1-
1
1-
1334c
11-23
12-15
12-
12-
12(4c
Baking Co., $8 pfd, (quar.)
Bottlers, 55c conv. preferred (quar.)
General Box Co.
(quar.)
;
12-21
1
1
1
1-1
6834c
_______
Year-end
12-15
1-
12-15
12-
$$1.38
(quar.)__/
com.
Extra
12-15
12-31
12-31
General
12-20
1-
12-15
12-31
.
General
11-23
1-
34%c
$15c
12-
6
12-20
Emporium Capwell Co., common
11-26*
12-15
12-15
12-28
12-15
12-15
12-
5c
(quar.),
quar.)____
American
12-24
12-31
12-15
12-15
,<$$1(4
(quar.)______
American
12-11
General
60c
Elmira & Williamsport RR.
Emerson Drug
12-31
B
General
25c
common
Emerson Radio
50c
12-
$1(4
(quar.)
quar.)______
common
partic.
12-24
50c
Storage Battery
12-10
25c
Class
$3
20c
^
&
Year-end
12-16
12-10
12-15
12(4c
12-21
Manufacturing Co.$1.75
Gas Co.,
Quarterly
1- 3
1- 3
12-
12 (4c
,
______
preferred
_
Utilities——
Electric Ferries Inc., 6% prior pfd. (quar.)_
$lYa
$1(4
$1(4
12-15
Gemmer Mfg. Co.—
1
1-
Co.,
Gaylord Container Corp.,
3
1-15
=
Power
(quar.)—__
preferred (quar.)
5% conv. preferred, series 1941 (quar.)
Edwards Manufacturing Co., com. (quar.)
8% preferred (quar,)__„
:
11-30
12-
2(4c
(quar.)^____™___>______
12-15
12-15
$17(4c
conv.
.12-15
12-15
12-
12-15
5% preferred (quar.)___
5(4% preferred
12-28
5
$6
.Extra
5%
1-3
1-1
12-
12-15
(quar.)
(initial
preferred
$25c
Household
12-15
Co.
Inc., class B preferred
(Julius) & Co., common
$134
——
Stores, common
Electric
12-15
12-
12-15
Natural- Gas
Kentucky
40c
Brothers
12-15
12-17
12-15
25c
Garfinckle
12-10
$1(4.
$1(4
preference (quar.)
Economy Grocery Stores (quar.)
1- 3
1
Brewing
1
2(4c
12-10*
2
1-3
$50c
—
12-
12-31
12V2c
________
12-24
50c
-(quar.)
common
12-15
.___
(irreg,)__
Gannett Co.
25c
——_
12-
(quar.)
12-14
1-1
;
12-
12-15
—25c
Co.
12-23
$l'/2
common
(initial)
Controller
1- 1
Brewing
75c
$1(4
Inc.,
(quar.)
Auto-Lite
1-
(irregular)
_J__
Brewing (Michigan)
General Outdoor
(resumed)
12-15
12(40
(irreg.)
com.
12-10
75c
Lines
1-21
25c
_____
,/
preferred .(accum.)
non-cum.
Electric
J25c
J43%c
62(40
f40c
(Ind.),
3
1-
12-14
t35c
1-15
1-
12-22
75c
____
(quar.)
2-1
50c
.
'l- 1
(quar.)__
Furhmann & Schmidt Brewing (irregular)__
Gair (Robert) Co., common (year-end)
6% preferred (quar.)_____
37(4c
7%
12- 6
1-15
(year-end)
6-15
9-15
$1%
________________
Frankfort
12-15
;
-
preferred, (quar.)"— ^
Paper Corp-.—
/
1- 3 ,,12-15
.?
Corp.
Canada
Brewing
Frankenmuth
Easy Washing Machine, Ltd.—
,'
,
12-31
25c
Steamship
$3.50
11-5
2-1
——
-
Can
Extra
$1(4
'■ ;•'••„.+ 50c
(s-a)
Associates—
50c
(quar.)
Extra
Continental
6%
11-15
4
12-15
$2
(quar.)—--——
—
Consolidation Coal, $2.50 preferred (quar.)Consumers Gas-Co.
(year-end)preferred
Consumers
Fuel
conv.
$75c
Consolidated
$1.75
:
Luxe
(Peter)
1-3
preferred (accum.)—
4(4% prior .preferred
Eaton
12-14
12-15
De
50c
prior pfd.
conv.
Electric
(quar.)._^.
:—__4_—_.
Retail
5%
$1
—
Extra
12- 7
$1%
de Nemours & Co.—
I.)
Eastman Kodak Co.,
.
12-15 4 12- 6
m
Steel
of
3-15
7-1
10-2
Brewing Co. (Chicago)*™-™
Luxe
$1.75
(quar.)
(quar.)—
$1 Vs
Consolidated Miiiing & Smelting of Canada—
Consolidated
12-21
,
90c
Semi-annual-
12-22
$1
com.
preferred
Eastern;Theatres, Ltd. .(interim)
(BaltJ^r-
__Lu<—_
preferred B, (quar.Iy.^—^—
preferred C (quar.)———
Consolidated
12-7
-
& Chemicals,
Gas &
$2
12-24
40c
Power
1- 3
(year-end)
Corp.,
Eastern
,
.$1(4
4(4%
4%
$2
$75c
,
■
'
&
Fox
.preferredV(quar.U__—$2
Edison
—
(accum.)
Elec.
Fox
7
;
.6%
11-30
<1- 3
12-15
1-1 4 12-. 4
12-23
12- 1
De
$$1(4
Co., common (year-end)
preferred: (quar.)
„
& Bradstreet, $6 preferred (quar.i
Eastern
Industries—
(quar.)
7
3
Power
Eastern Rolling Mill
'' 75c
75c
10c
Co.
12-
25c
75c
Eastern Massachusetts Street Ry.—
6% 1st preferred (accum.).—_!:
12- 1
11-19
Pressed
12-
12-15
37(4c
preferred (quar.)
preferred (quar.)________
De Luxe
5
37'/2C
prior
Preferred
1212-
Co.—r__™—-
•'-
4
'
(quar,)
common
Co.
Bridge Works
Extra
4
1- 3
Ltd. (quar.)———————
11-29
10c
4—4
(quar.)—4
(quar.)
preferred
Consolidated
Y.—
Fox
3-1-44 2-10-44
$$1.75
11-29
12-15
12-22
Insulation
$$1.88
-$35c
_
(quar.)_
common
11-24
$4c
Consolidated Diversified Standard Securities—
$2.50 non-cum, preierred___wl_———
Consolidated Edison Co. of N.
4
-
—
Consolidated
Ltd.,-
12-15
12-31
4-1
$134
.(quar.)—---—;
12-15
<
37(4c
7%
—
4
_*_
Co.
12-15
t$l '4
1-1
$1(4
—
12-
37(4c
12-22
——
(quar.)
12-
12-16'
12-11
12-
12-
12-21
(Canada), class A
12-23
12-21
12-15
1-
12-15
12-21
6%.
1
$55(4c
$1(4,
62(4c
1-15
25c
11-30
12-
12-15
25c
50c.
12-
12-2$
12-31
f.25c
12-20
$$1(4
11-30
35c
B
Pitt
12-15
■
.
.
(quar.)_
12-23
75c
11-30
12-15
(quar.)____________
50c
class A
15c
Connecticut Gas & Coke Securities—
$3.
12-23
12-17
62'4c
(extra)
Foster Wheeler, 6%
prior preferred (quar.)_
6% prior preferred (quar.)______________
6% prior preferred (quar.)
Fort
12-15
'
(accum.)___—
12-10
12-28
12-15
Co.
/■Extra
62"4c
4,25c
-
3
$1(4
$4(4 preferred :(quar.)—$1(4
Durham Hosiery Mills, 6%' pfd. A (quar.)—
$1(4
Eagle Picher Lead, 6% preferred (quar.)
$1.50
East Mahanoy RR. (s-a)
$1(4
12-11
40c
Class
Formica
$7
■
8%
12-11
$1.75
,>
(year-end)
Consolidated Biscuit, Co.. (quar.)
Cohsolidated Cigar Corp.'(year-end)'4
'
12-10
75c
(quar.)
—
Crucible™—— "■
preferred
Eastern
Connecticut Light & Power, com.
..
12-
$1(4
Casting (interim)—
Common
12-11
—:
Congoleum-Nairn,
n
12-15
12-31
Ltd.—
pref.
conv.
(Joseph)
duPont .(E.
12-10
8%" partic.. preferred (s-a)——__———;
.12-15
'
4$3
Confederation Life Association (Ontario)—
4-..4..4''.. 'v.!
•
12-10
$134
6%
preference
Duplan Corp., common, (year-end)
12-10
12-24
$1.37(4
«
Quarterly
A
Durez Plastics
1
$1
Commonwealth Water Co., 5(4 % pfd. (quar,)
Commonwealth-Water & Light Co.—
$6 preferred (quar.)
1——
$7.,preferred .(quai\)
Community Public.Service (quar.)——i
Compo Shoe Machinery Corp., common vtc._
$2.50 convertible preferred (quar.)
Confederation Amusements—^, '
'
12-24
_____
Glass
Dun
1
,;,v,
(accum.)
,
.
37(4c
;
6% preferred (accum.)
7%
.
:
Foote-Burt
Fox
&, Steel Ltd.
.
.
1
Co.—
Construction,
12-15
25c
f25c
12-
12-
(s-a)_
12-10
25c
12-14
Motor
4
12-21
1*
—50c
1
1-
12-
3
12-15
$1.12(4
(quar.)
Stove
12-
1
12-15
50c
Fair
Ford
6
12-13
25c
12-14
12-27
4
12-20
$1(4
25c
(quar,)—
common
Foundry
Duke
.12-28
12- 7
,4(4%-conv..,preferred (quar.)„i—$1.06(4
12-28 .12- 7
Commercial Investment Trust (quar.)_—75c
1- 1 ; 12-10*
Commercial Solvents Corp.—;——_———
: *
30c > 12-20 :
12- 3
Commonwealth Investment Co.—
Food
12-
1-3
____
'
75c
,
preferred
Florence
11-30
12-15
12-30
—
1-2
Driver-Harris Co.
12-1
.
$4.50
12-15
12-15
12-
12-15
$134
Stores, common (quar.)
$2(4 preferred (quar.
Food Machinery Corp./(quar.)
Foote Bros. Gear & Machine, common______
—
.
75c
:
1-
12-15
4
1-3
(year-end)
12-15
62(4c
(year-end)
common
12-23
12- 4
2c
Society (quar.)__
(quar.)*
preferred
12-15
Dresser .Manufacturing
$13.20
;
participating preferred (quar.)„.
rParticipating
>
Coqimercial Credit Co., .common (quar.)l—_
.
12-31
25c
,
12-18 <4 12- 1
$3
$1.06(4
—
(Srai
Colgate-Pahnolive-Peet, $4(4 pfd. (quar,)_—:
..
Flambeau Paper Co., common
12-15
$10c
$$1(4
$$134
Dohohoe's, 6% preferred (quar.)———37V2C
Dow Chemical,
$4 preferred -A* (initial)
- 59c
Draper .Corp. iquar.V
^
——
,-75c
Dravo Corp., 6%
preferred: (quar.)„______
75c
12-1
.
(s-a)
Patent
Coca-Cola International Corp.—<;■■■'■•
<-
4*
12-11
12-24
Foundation
Dominion Textile, Ltd.,
7% preferred (quar.)
'
Colt's
,
12-
12-20
25c
Dominion Stores,
12-24
$1.50
——
$3, class A
.
;
12-15
6%-
6
1-3
12-15
15c
First
Flintkote Co.,
6
60c
(year-end)______
3
State Pawners
4
12-11
15c
12-
Fostoria
Dominion
"•"<•> .'4
12-15 .11-26
Fund
1
12-
12-21
50c
_
—/_—
(quar.)____
Industrial
12-4
Cup Co., $2(4
7%
B
12-
Dominion Coal Co.,
1
Class
11-30
Dominion
1-20
3
12-15
Doehler Die
1-3
,
pfd. (quar,)_
3
12-
(Bait., Md.)
(quar.)___,
12-13
$1
—
12-10
,
,$1.75
-
Water
.
12-
Amer., class A
50c
Distillers Corp.-Seagrams, Ltd., common——
5% preferred (quar.)
<12- 3
3
of
12-23
——.———
12-24
1-
12-20
class
(year end)_____________
12-18
preferred (participating)™—.
preferred (accum.)
$1.50
12-24
Finance Co.
12-15
Steel
Gas
12-
12-15
10c
(quar.)
Firemen's Fund Indemnity (San Fran.) (quar.)
First National Stores, Inc. (quar.)_____
partic.
30c
(quar.)———
——!
•
1- 3-44 12-20
(quax*.25c
B
rDisher
12-10
Year-end
Clorox
1-
12-
25c
partic. preferred
$3
1
Molybdenum Co.
.Extra
Clinton
$3
12-15
—
—
-
1
12-29
-
(quar.)
Climax
.
12-
25c
______
Illuminating,
preferred
Cleveland
-
Class
11-26
12-10
12-21
Financial
(year-end)
6%
participating preferred (s-a)
DiGiorgio Fruit Corp., common (initial)
12-15
12-15
12-
12-24
25c
$1.25
Inc.
Diamond Alkali
75c
12-15
40c
(quar.)
12-4
1(4 Q „* 12-20
Clearing Machine Corp. (quar.)
Cleveland Builders Supply
Oil
Hotel
& Almy Chemical,
12-14
$1(4
______
Mines
25c
(year-end)
1
50c
$1
Clark*(D. L.) Co. (year-end)—
Clark'Equlpment, common (year-end)
5% preferred (quqr.)™___l_™™_™—•
(quar.)
&
Co._
12-14
;
Works
$1
50c
____________________
Clayton Silver
•
,'DeWitt
Dewey
Screw
Federal Water
Ferro Enamel Corp.
—
Products
Steel
Devonian
12-11
Federal
12-11
12-
!'■
Detroit
12-21
12-11
12-22
(quar.)
12-15
15c
12-22
12-15
(initial quar.)
12-28
$1.75
Truck
75c
'
12-15
pfd. (quar.)—
Motor
75c
Corp.
12-15
(Pa.), 7%
Federal
12-23
3
12-20
25c »
1
$25c
12-28
Citizens ;Water Co.
12-10
(quar.)__
12-28
City Auto Stamping Co. (quar.)————
City Ice & Fuel Co., common.————
12-23
1-
50c
(reduced)
20c
$1(4
preferred (quar.)—
12-11
Mining & Smelting
Federal-Mogul Corp.
75c
preferred, (quar.),— —___/
$1(4
$7 preferred (quar.)———————$1%
$5
12-31
35c
(quar.)
Fidelity & Guaranty Fire Corp.
Dentist's
/
•
12-31
75c
(quar.)_
1*
$3
Supply, 7% preferred (quar,)',w
Derby Gas & Electric, $4 conv, pfd. (accum.)
Detroit & Canada Tunnel Corp.
,
.
25c
______
J.)
common
$1%
$134
Delaware Power & Light Co.—
Fund,
11-30
12-
—
preferred
12-15
12-15
12-11
$1
6-1
$1(4'.
12-
Shops,
1-1
50c
25c
Deisel-Wemmer-Gilbert
12-15
50c
(quar.)^
12-15
(quar.)_——
2-15
3-11
Co
Co.
$$2(4
3-1
1
Federal
of Canada—
$1(4-'
$1(4
12-11
4-
5% preferred (s-a)
Federal Insurance (N.
..
12-7
4%
&
Bake
31(4c
12-18
$1(4 12-1-44 11-15-44
Rubber
(Fred)
1-1
$1(4
(s-a)___
Inc.
1
12-15
$2.50
40c
preferred
Decca. Records
.
6
12-
25c
$2.50
——
$2
Ltd., class A (quar.)
Corp.
1
$1(4
(quar.)
Securities
1
12-
12-15
$3
Stores.™—
&
12-
12-21
12-20
1*
(irreg.)—
pfd.
12-21
$1(4
12-
—.——
Dayton & Michigan RR., 8'7o
37(4c
(quar.)
$5
(year-end)
preferred
conv,
(year-end)
pfd.
12-13
(year-end)_____
Corp., <common
Stores
12-14
$6
:
12-
$4 prior pfd. .(quar.)_
Corp.
12-15
1-3
(accum.)——
Curtiss-Wright
3-18
12-31
12-15
——______—_
75c
12-20
Cincinnati Street Ry. (year-end)————40c
Cities Service Power & Light Co.—
'
12-15
Faultless
(accum.) (payment clears all
arrears)
De Jay
—•
5c
_
12-
1
11-17
1
4-
25c
(year-end)—
Press, 4(4% preferred (quar.)
Cunningham Drugstores—
6% class A prior preference (quar.) (s-a)
David & Frere,
5%
Federal
Cuneo
12-20
11-22
.
12-14
11-30*
Fear
12-15
$4
12-24
Sugar, ,5(4 %, .pfd. (quar.)
(quar.) —————.
preferred
12-22
25c
Metallurgical, $5
Quarterly
12-15
9
6
3
$50c
Common
56(4c
12-
1212-
3c
Farmers & Traders Life Insurance Co. (quar.)
.
12-23
12-16
12-16
Extra
11-30
6
$7(4c
Fanny Farmer Candy Shops (quar.)_
11-30
12-10
10c
Brewing Corp., 6% preferred (s-a)_
Players Canadian Corp., Ltd.—■
Fansteel
11-20
12-22
20c
Year-end
12-15
12-
20c
Company/(year-end)
Fairchild
12-15
12-20
12-15
—
$1
$2(4
.
■
(Syracuse, N. Y.)
Engine & Airplane Corp. (Initial),
Falconbridge Nickel Mines (interim)____
Crucible' Steel Co. of Amer., com. (year-end)
5%
conv.
preferred———
—_
Crum.& Forster, 8% preferred (quar.)__
-
Insurance
11-20
3
65c
(quar.)
Year-end
4
12.-15
Corp.
Corp.
1-
80c
12-6
common—__________——
Crown-Zellerbach
Co.
12-18
preferred (quar.)—_____
11-30
12-15
25c
11-15
,25c
Seal
&
Plantation
Exolon
Publishing
Cork
12-15
50c
interest-™™-
12-
.
$2.25
12-14
11-20
(quar.)__
(year-end)
12-15
—,—________—,25c
Crown
1- 3
12-15
preferred
12-15
,25c
12-14
50c
beneficial
of
$1
.
12-14
common
62(40
——
1- 3
1- 3
$25c
7—
(s-a)
(year-end)
Crowell-Collier
RR.,
Certificates
of Reo.
$1(4
$1(4
(accum.)™——
—»
Extra
11-26
,
Erie
Excelsior
preferred (quar.)—————_
Creameries of America, common——.—_____
Creole Petroleum Corp.—______
12-20
preferred (quar.)
;
preferred (quar.)————™—;
5%• preferred (quar.)——
75c
25c
3rd preferred
Co., common
1- 3
12-15
1-3
—^
(quar.)—„———
5%
12-17
„-——-jy--—
preferred
3%
Crane
12-10
12-7
Cincinnati Gas & Electric, 5% pfd. A (quar.)
Cincinnati New Orl, & Texas Pacific Ry.—
;
4%
$1(4
$24.70
$1%
(quar.)—
Eversharp, 5%
Shoe Corp., common——
1st preferred (s-a)———:——
2nd preferred (s-a)
5%
$1
Christiana Securities Co., common (irreg.).—
;
7% preferred (quar,)
I—,
12-15
Craddock-Terry
12-14
12-10
12-15
12-15 '
12-15
.
(quar.)____™__^_—15c
(year-end)
Copper
Chillicothe
2
common-
preferred
,12-15
12-28
((year-end)
Coty, Inc.
25c 10-14-44 9-14-44
2(4c
12-20
12-10*
■___,
12-15
1-3-44
(St. Louis)—
v.t.c.
A
1-3-44
$1
convertible preferred
5%
25c„l-14-44 12-14-44
25c 4-14-44 3-14-44
2567-14-44 6-14-44:
;
Hotel
$1%
$iy4
common
Holders
Payable
$1%
...
$3 non-cum. class A
(year-end)
Corp.,
(quar.)™
$6 preferred (quar.)
English Electric Co. of Canada—
Cosden Petroleum Corp.—
12-13
12- 7
•
12-23
12-23
12-15
$3
__________
(quarterly)™——™.
___™_______________
______
Chile
.
__________
_
Chlcksan
6
11-22
When
share
Engineers Public Service, $5 pfd.
$5(4 preferred (quar.)
6
12-
12-20
Coronado
12-10*
12-27
12-23
12-23
30c
50c
$3 .conv,. preferred (quar.)
_______—75c
■■$2.50 conv. prior preferred (quar.) ______
62VaCChicago Rivet & Machine (year-end)_______•■■
25c
Chicago South Shore & South Bend RR.-—
Common (s-a)__~____
$1
Quarterly
Quarterly
12-
12-20
11-26
$1(4
,
___/
12-27
12- 7
••
1-1,
50c
__—
Extra
25c
$1%
prior preference
Copper Range Co—
11-26
75c
$3
________
________
—
12-17
75c
$1
.
—
11-26
$1(4
$3
12-10
12-10
11-30
12- 2
12-10
11-26
12-15
11-30
12- 7 /
_
12-17
Name of Company
3
(year-end)
Cooper-Bessemer
12-10
12-10
——
_________
Ter
of Reo,
12-
15c
—
Class
62 (4 c
1-1
$1(4
1- 1-.
_____■
$1(4
1-1
7% preferred (quar,)______
$1%,
1-1
Central Patricia Gold Mines (quar.)___„—_
$3c
1- 3
Central Steel & Wire, common—
15c
12-13
6% preferred (quar.)—
75c
12-20
Central Wharf. & Wet Dock (year-end)_■!—$2
12- 6
Champion Paper & Fibre, 6% pfd. (quar.)
\$1(4 S'
1
Chapman's Ice Cream (year-end)
10c
12-15 ;
Chapman Valve Mfg., com. (quar.)—;
50c
12-17
(quar.)
preferred (quar.)
6% preferred (quar.)
Holders
12-14
(quar.—
Corp., common
7%
Co.—
preferred
$6
Payable
20c
preferred (quar.)
Continental Telephone, 6(4% Pfd. (quar.)—
7% participating preferred (quar.)
Continental Steel
12-13
12-12
12-11
12-1
12-20
1- 3
(Del.)
When
share
_—
—-
Continental Oil Co.
1-10
12-11
12-13
$1(4
Fibre
Continental Motors
12-1
1-20
12-18
1- 3
1- 3
12-24
1- 3
12-20
$1.50
60c
$4
$1.75
10c
L_______™.___
(quar.)
Name of Company
Diamond
Continental
12- 6
12- 4
12-21
_
Case
Per
When
Holders
Payable of Reo.
Per;
share
/
Company
Oil
Co.-(year-end)
$2
Capital Transit Co. _■__
50c
Capital Wire Cloth & Mfg., $1(4 pfd. (quar.)
$37c
Carolina Clinchfield & Ohio Ry. (quar.)—
$114
Carolina Tel. & Tel., (quar.)—
_—$2
,
2401
1-15
12-20
When
share
■
Payable
1
International
Salt
12-
1
International
preferred (s-a) ———
$1.50 preferred
Greening (B.) Wire, Ltd. (quar.),,
$6
Greenwich
Gas,
$1
11-22
12-31
12-2
f75c
12-31
12-
Investment
12-
8
Investment
12-
8
12-20
12-
8
12-
1
preferred (quar.),,—
Irving (John) Shoe Corp., 6% preferred—,
Island Mountain Mines Ltd. (Irreg.)
—r
Jamaica Public Service, Ltd., com. (quar.) ,,
3
1-
15c
12-20
31»/4C
12-31
12-20
5%
preference D
4 88/lOOc
12-31
12-20
,5%
preference C
preferred A
12-31
12-11
25c
12-21
12-10
25c
12-21
12-10
.
7%
—-
12-
6
/:
3
12-15
12-15
50c
12 r21
12-11
Si
12*28
12-18
3
12-20
Jewel
7%.
preferred (quar.)
Jones & Laughlin Steel, common
5% preferred A (quar.)
5%;preferred B (quar.1
Joplin Water Works Co., 6%-pfd. (quar.),,
Joslyn Mfg. & Supply,-common
6% preferred (quar.)
—,
A (quar.)——,
M.) Lamp (year-end),—
Printing (quar,)—
Extra
12-15
11-30
12-15
11-30
43%C
12-31
12-17
Joy
Justrite
12-6
Kalamazoo Vegetable Parchment
Watch Co. (quar.)—
Hammermill Paper, common (quar.)
1-
$1.12'/a
(quar.)——;
12-
12-20
25c
;
preferred
6%
1-15
12-22
'Class
•
W.)
(G.
12-27
12-15
Kennecott Copper
1
1-14
1-
12-
75c
12-15
—
12-
12-15
12-
1-3
12-
4
50c
,
12-15
12-
1
12-15
12-
1
12-15
12-. 1
25c
12-15
12-
15c
12-24
12-14
15c
1-28
I-18
—-
Hinde
Dauch' Paper,
&
1-
5%
Kinney Mfg.
12-
12-28
1
12-1
12-28
125c
(quar.)—„
12-20
12-
12-27
12-10
Holland
'
Fire
Home
Oil
Honolulu
12-
-
.
1-4
Insur. (Calif.)
1-
30c
-
Lake Shore
50c
12-15
12-
«25c
12-15
'
Corp.
6
Electric
Howell
•
1-
12-
12-18
25c
9
1-15
$1 'A
1-10
75C
12-22
12-10
12-22
12-10
12-21
12-10
•
75c
12-20
12-21
12-28
12-21
$1.75
12-21
12-20
12-18
Hubble
r
(Harvey)
(quar.)
40c
Hunt's
12-20
12-10
12-13
II-
56'Ac
12-27
'
6
1-
3
12-
J50c
1-
3
12-6
1-
(year-end)
Cement
Co.
Bel! Telephone
Illinois
Illinois Central RR.
Leased
12-22
12-10
12-22
Lines, 4%
Co.—————
12-10
$1%
—
12-31
12-20
1-
3
$2
7-
1
6-10
'
Leased Lines, 4%
gtd.
(s-a),_
;
/
——
Ordinary (interim)
Independent Pneumatic Tool, v.t.c
Indian Motocycle, 6% non-cum. pfd. (s-a)
Indianapolis Power & Light, common—
5»/4% preferred (quar.)—,
„——'
Indianapolis Railways ■
Indianapolis Water, class B—
5% preferred A (quar.).——
30c
conv.
preferred
6%
Stock
Business
dividend
—
.
$1'A
50c
Products
50c
(auar.)
Metal
6
12-
3
1-15
$2C
175C
5%
——\
12-
1-
1
$1
(quar.)
3
12-20
12-10
12-28
12-14
12-4
II-29
12-10
1-28
11-30'
1-14*
2
12-18
12-15
11-30
1-
1-15
12-20
Industries, Ltd.—
t25c
1-
3
12-10
6%
convertible
m»A
2-
1
1-10
6%
convertible
t$iy2
2-
1
1-10
Class A
(interim)
—
preference (quar.)
preference "A" (quar.)__
International Minerals & Chemical, com
4%
preferred
(quar.)
.
^International Nickel Co. of Canada (quar.).
International
Power
Co.,
7%
pfd.
50c
12-30
12-17
12-10
of Central America—
preferred (accum.)
5%
5%
Gas
$1%
12-15
11-30*
Electric
Co. (Ky.),
par) (quar.)
preferred ($25 par) (quar.)
&
preferred
12-14
Title Mortgage Co.
6'A%
Co.,
preferred
common
(quar.)
(year-end)
1-
1
12-
1
1-
1
12-
1
1-
3
12-15
1-
3
12-15
1-
3
12-15
1-
3
12-15,
10c
12-15
12-12;
'25c
12-20
30c
12-15
12-1
v.
1-
$3
12-15
12-18
Montreal Refrigeration & Warehouse—*
$3 preferred
(accum.),,,,:
Moore
Ltd.,
7%
7%
Finance
Corp.,
preferred
Brass
Co.,,*,,,*
-
Muskogee Co.
6%
preferred
of America—
National
Aviation
National
Biscuit
12-15
37'Ac
$1.25
31'Ac
1-25
1-15
1-15
$1.50
12-15'
11-30
System,
6%
Inc.,
Myers (F. E.) & Bro.
Nash-Kelvinator
Nashville
7'A %
&
Decatur
&
RR.—
11-15
12-20
12-20
12-20,
.
3
1-3
<
12-
1'
3
12-10
1-
Co.,,
7%
3
12-15
12-20
12-10
1-3
12-17
,1-15-
12-22
1-15
1-3
1
12-15
1-15
12-10
1-
12-10
1-
2
12-15
11-15
12-15
11-30
12-16
12^
1-
3
12-
1-
.
3
12-
1- 3
,
1- 3
1212-
1-3-44
1-3-44
12-15
12-. 1
12-29
12-18
12-15
11-25
12-17
12-9
12-27
12-10
12-15
12-
1
1-20
12-22
12-11
12-15
12-
20c
12-17
11-24
$1'A
37'Ac
12-28
12-16
50c
12-28
12-15
12'Ac
12-28
12-11
93%c
50c
12-20
12-
2
50c
12-22
12-
8
30c
1-15
40c
12-22
2-
1
-
L
:
1-15
12-31
1
■*
—
(special)
*—,
.■
•
.
1-
3
12-21
12-10*
12-15
1-
3
12-
1-
3
12-
3
12-20
12-
3
Register,
6
450c
end),,
443c
25c
25c
1-15
12-30
25c
12-15
11-30
12-15
11-30
(quar.)
com..(year
(quar.)
__*
Casualty Co.
(Detroit)
(quar.)
Extra
Container
Corp.
National
Dairy
i
__
25c
Cash
Common
Extra
11-15
12-15
---
(special),
Breweries, Ltd., common
preferred (quar.),
•*
National
^
(quar.)!„:;,
National
National
•
._*,
Share
1
25c
30c
50c
.
-
National
12- 4
12-15-
1-
1
(year-end) *_ri*
Corp.
12- 4
12-24
3
$2
\
•
*___,,
&
12-15
12-13
1-
40c
.
Co.__i—u*
Chemical
1-3-44
.
(s-a)*
preferred
National Bond
pfd.
National
25c
-
Mutual
11-30
$1.62'A
(quar.).*.
—,i*__'
(quar.i,
3
11-29
3
12-15
$i'/2..: $1.25
25c
(year-end)
Mutual Chemical Co.
Automotive Fibre
-
12-20
1-
«.
Muskegon Piston Ring (year-end),'
National
12-15 J
12-20
3
.
*
9-30
12-24
3
1-
—
Muncie Water Works, 8% pfd. (quar,),___
Munising Paper, 5% 1st preferred (quar.),,
Murray Ohio Mfg.,^
12-17
'12-15
11-19
'
1-
$5
1-3
$2
12-20
12-17
2c
(accum.)
1-15
10c
'
1-3
pfd; (quar.)!
preferred
$5
$2
45c
$1.75
10c
12-31
12-31
12-31
12-22
12-29
....
Mountain Producers Corp. (s-a)—
Mount Vernon Woodbury Mills—■
50c
12r 3
12- 1*
12-2
common,,,*,,
20c
,
11-15
12-4
12-12
Extra
12-17
12-
11-15
12-15
12-14
-
$$1 '/4
j:55'Ac
,$66'Ac
preferred A (quar.)
$13A,
preferred B (quar.)—
$l3/4
(Wm. R.) Dry Goods (quar..
$1'A
Corp.,
4
11-15
,
-.*■•,
1
12-
12-15
4c
40c
-
12-
12-15
—
12-10
12-17
12-17
12-27
'r
'12-18
7'Ac
•
-
11-23
1
12-15
50c •
'37'Ac
»■'.»<
1
11-20
,
,
12-31
9-30
12-
25c*
$1.75
87'Ac
Montgomery Ward & Co., common (quar.),,
50c
$7 class
(quar.),_„_,,„—
$1% *
Montreal Cottons, Ltd., common (quar.)
*
$$1"
7% preferred (quar.4$l3/4
Montreal Loan & Mortgage (quar.)
J31'/4c
Monroe Chemical Co., $3.50
12-23
1-15
(s-a)
Co
12-1
$1.20
12-24
(year end):
& Sales
1
$1'A
,
"12-17
20c
Manufacturing
1
1-
Semi-annual
Porcupine Mines (s-a)
Monongahela Valley Water Co.—
7% preferred (quar.)^
1- 3
Extra
Ludlow
1
12-
1
*__*,*
Moneta
75c
com.,,
($100
& Nashville RR.
Lunkenheimer
International Rys,
5%
Louisville
12-
,
12-31
Corp.
:
1
1
*„,*__*
$2
Taylor (quar.) ,__*i
Lorlllard (P.) Co., common (year-end)
7% preferred (quar.)
Louisiana Land & Exploration
*
1-
Caecum.),
_,***,;
50c
$1'A
&
Louisville
1- 3
12- 3
(s-a)
;
Motor
(quar.)
Loomis-Sayles Mutual Fund
Loomis-Sayles Second Fund (quarterly)
12-17
f$1.75
12-21
11-29
11-29
12-21
12-
(quar.)—
12-21
12-31
12-30
1
12-31
12-31
12-14
12-14 ;
12-20
$4
Cement
12-11
12-22
1-
—
12- 4
12-10
2-11
12-21
Star
12-16
,
12-15
12-30
2-25
12-31
12-31
12-31
12-21
pref.
12-18
12-15
12-11
Extra
1
*
•'
12-31
12-22
1-3
(quar.)
2
12-22
$l3/4;
$1'A
$l3/4
Corp
25c
37!Ac
25c
(quar.)
12-
5
1-
Hart, $1-prior preferred*,,,,,,,,, «,•
50c
Miller Tool .& Mfg. Co. (year-end)
5c
Minneapolis Gas Light Co;—
>
:
$5 participating units (quar.)
$l'/4
Mission Corp. (year end)„w*;*„:
$1
Mississippi Power, $6 preferred- Cquar.)*__—•
$1'A
$7 preferred (quar.)
$1%
Mississippi Valley Public Service—
6% preferred B (quar.),—$l'A
Mississippi River Power, 6%.pfd; (quar.),,
$1'A
Mitchell (Robert) Co., Ltd.——t$l
Mobile & Birmingham RR., 4%. pfd. (s-a)
•
$2
Modem Containers, Ltd., common (quar.),*
430c
5'A%
preferred (quar.)
4$l:i'«
Modine Mfg. Co.
(quar.)—*,**,*,,—,
50c
Mohawk Liquer Corp.,,*,,*„**„*_
;
5c
Molybdenum Corp. of Amer
12'Ac
Monarch Life Assurance (Springfield, Mass.)—
>
Mueller
si
1- 3
12-31
1-
12-15
1-
$1»A"'
Morgan (J. P.) & Co.——.1
25c
12-15'
12-2§
$l'/4
(s-a-
preferred
Extra
1-15
11-26
50c
$1.50
12-21
8%
2- 1
12-20
Louisville
—
.International Ocean Telegraph Co. (quar.)
Inc.,
12-15
Ml- 2
$1.75'
.
Midwest Oil Co.
—$1 '/a
20c
Manufacturing Co. (year-end)
$1.50
Little Long Lac Gold Mines (irregular)
t4c
Loblaw Groceterias, Inc., common (reduced)
15c
Lock Joint Pipe,-common (monthly)
$1
Lord
Hone
12-18
Lisk
Lone
$1'A
$1.31'/4
(quar.)_A:"'
Co.
7%
preferred
12-10
Oil
12-11
8%
12-15
12-15
(quar.) *»**____
•
$7 prior preferred (quar.)
■■■'.*■
Michigan Public Service Co.—
6%
preferred (quarterly),-,*,,,,,,,*,,;,
$1.50
6% junior preferred (quarterly)$1.50
6% preferred series 1940 (quarterly)„**.• - • $1.50,
7% preferred (quarterly),$1.75
12-18
*
Loew's Inc.
12- 6
12-29
12'Ac '
•
12-31
7% preferred (quar.)
12-31
4'A% preferred A (quar.)*,,
Liquidometer Corp. _j
"
11-30
62'Ac
12-31
Extra
37'Ac
International
1
12-13
11-30
12-31
1-1-44
12-31
12-15 1
12-15.
12-21
50c
Co.
Edison, $5 preferred
preferred (quar.)
preferred (quar.)
3
4
12-
Machine
2
1-17
$l'/4
-
5c
preferred
(Thomas»J.),
Extra
U-30
(quar.).
-Common
12-
12-31
25c
——
Machines
Cellucotton
3
12-31
International Harvester Co., com. (year end)
International
1-
$3
(s-a)
....
International
12-15
50c
_
—
u
12-15
40c
5
12-22
1
50c
$1.25
(quar.)
Rubber
1-
I-
12-10
12- 3
12-18
1
12-23(
3
1-
12-24
Moore
—
conv.
Lipton
1-
(quar.25c
common
-•5 c
——
B
(quar.),,,—
6% pfd. (quar.),,
Liquid Carbonic Corp., common (quar.),
$1
12-15
1-15
$1.31'A
Inspiration Consolidated Copper
Inspiration Mining & Development Co., Ltd.—
■„
Resumed
*
Inter-City Baking Co. Ltd
*
Intercontinental
Corp.
—
Class
12-14
3
$1'A
Corp., com. (interim)
preferred
1-
30c
———
5%
—
preferred
Extra
II-16
12-27
50c
—
Ingersoll-Rand,
12-31
110c
/
11-24
12-15
11-
11-30
M 1- 4
2-1-44
Midland Oil Corp., $2 conv.
12-15
1- 3
3
$1.75
(quar.)
Midvale
25c
.
Imperial Tobacco of Canada—
Industrial Acceptance
prior
Works,
1-
12-15
,1-15
25c
•
Middle West Corp. (irregular k,,*,,*,,,,*,,
Middlesex Water (year-end)
Midland Grocery Co., 6% preferred
12-27
12-15
12-4
15c
Cup
12-10
430c.;
.
1- 2
1- 3
12-15
(year-end)——
(quar.)—
Ltd. (interim)*
Tobacco, 7% pfd. (quar.),
12-10
12-20
430c
62'Ac
(quar.)
Midco
12-15
$3
6%
12-11
Co.,
Micromatic
11-30
11-30
11-30
Myers
Lincoln Service
,7%
$2
——- ——
1
12-13
12-13
12-13
&
Corp.
Locomotive
Lima
Co.—
gtd, (s-a)
.
12-18
11-19
11-19
12-17
'
12-22
$1
'
$6 prior preferred
12-13
Lily-Tulip
35c
(quar.)
$4 pfd.
preferred
$7
12-15
.
4
12-31
1
1-3
;
;
1-15
Minesi,*.,42'Ac
preferred
$6
12-27
11-27
Liggett
15c
Ideal
Lake
Metal & Thermit Corp.,
1- 3
r
12-
(
'
Miller &
—J17'Ac
Levy Brothers Co..
Salt
12-10
12-15
til'/a"'.'
(initial quar.)'
McManus Petroleums. Ltd.; partic. pfd. (s-a)
Meadville Telephone, 5% preferred (s-a)—I*
Melchers Distillers, Ltd., 6%, partic, pfd
'
Men gel Co., common (year-end)
a/
5%
1st preferred (s-a)
Merchants & Miners Transportation (quar.)
Merchants Refrigeration, class A (initial)i.i7% preferred
*
_,*■
Mesta
50c
12-6
12-17
Red
5'/4%
12-27
1- 1
12-15
12-20
12-15-
25c'
:
4'A%
12-15
12-15
'12-7
;
•
12- 2
/
1
7
12-24.
60c '
•
(quar.)
12-
12-
12-24
*
*
$1%
' '
12-15
—
Inc.
12- 4
25c'
■
Ltd.—
Midwest Piping & Supply (year-end)
L'eRoi Company-(irregular),—20c
3
15c
preferred
(year-end
1*__*
Co.,
—
50c
140c
$1%
37'Ac
Refineries
12-25
12-15'
McCrory Stores Corp. (quar.)
• -'25c
Publishing Co." (year-end)25c
Mclntyre Porcupine-Mines, extra**'!
4$1.H
:
12- 3
12- 1
12- 1
12- 3
12-4
11-20
12-15
12-10
12- 1
Leonard
1-1
12-20
10c
McGraw-Hill
-
62'Ac
J$1
$1%
—-
(s-a)
12-13
—
Oil
12-31
12-17
20c
preferred
Leslie
(extra),,
12-15
50c :
' 35c
(s-a)1,J
11-15
Leather
C.)
12-30
i—,*,
common
(A.
25c
t$l
______
**
*
& Sons' (quar.)
(John A.)
$13A
& Erie Mortgage Corp. (quar.)
Huttig Sash & Door, 7% preferred (quar.)—
Navigation Co.
1
.
'
t$l
—
14c
Co.
Corp.
1-
7c
*
{'
Fund
Second
Plate Glass Insurance
Electric
McKenzie
(Wash., D. C.), com.*
25c
(quar.)__
i,
87'Ac
partic. preferred (quar.)
37'Ac
Link Belt Co., 6'A% preferred (quar.),,,,„r $1.62'A
Lipe-Rollway Corp., class A (quar.),
12'Ac
4
"
—,
Huron
Hydraulic Press Mfg.,
12-
t50c
Ltd., class A (interim)
(interim),—,—__*.
Class B
Common
9
11-30
McKesson is Robbins,
■...
;
2
; 12-10
(year-end)
Investors
12-15
2-1
1- 3
Leath & Co., common
■'$2.50 preferred (quar.)———,
1$1
-————
—
Hudson Bay Mining & Smelting Co., Ltd.—
Humble Oil & Refining, new stock (initial)*
(Ontario)—
12-
12-23
Fund
12-2
,
J
12-15
6%
-
12- 1
$9.52
20c
62'Ac
Lehigh Coal & Navigation (year-end)—„50c
Lehigh Portland Cement Co., 4% pfd. (quar.)
$1 1-3-44
Lehigh & Wilkes-Barre Corp.——
$2 ,12-22
Lehn & Fink Products
;-n—
—,—
35c
12-14
Leighton Industries, class A (irregular)
25c
12-15
12-10
$2
—
Investment
&
12-13
12-10
12-13
Participating—:—,.
12-10
Scale
-
12-15
12-15
,12-15
J20c
.tlOc
37'Ac
,
(interim),,
12-15
12-26
Matson
J
,
12-10
12-21
2nd
7%
Howe
(quar,),,—.v
Ltd.
3'
12-
12-31
McColl-Frontenac
t50c
Lane-Wells Co.
6%
$1.75
6% preferred (quar.)—„
(quarterly),
preferred (quarterly)—;
Co.,
Mines,
(quar.)
12-10
$l'/2
'
12-17
1-14
12- 4
Extra
$1.50
Bros.
& Co
12-20
12-31
Asphalt Corp. (quar.)'
'
Mathieson Alkali Works, common—;
7% preferred
(quar.)—; -
12-14
1-1
2- 1
12-20
$l'/2
.
Co.
McCail
12-10
12- 1
12- 1
1- 1
12-14
12-14
12-11
•
$1'A
$1%
50c
.
resumed,,—75c
Lawyers Title In§ur. Corp. (Richmond, Va.)— I
Common (s-a)
60c
12-15
$1
-
30c
3
1-15
,
Mastic
12-10
12-30
12-10
12-10
12-23
12-23
12-23
12-15
12-15
12-24
12-12
25c
(quar.
Ltd,
Mines
Loan
Lawrence
12-10
12'Ac :
———————
.
"
Lang
30c
-
(quar.),
Sessions Co., $2.50 pfd, (quar.),,
Banking & Loan (Ontario) (quar.),
Landis-Machine,* 7% preferred (quar.)_____
12-31*
12-31*
L.)
1
20c :' 12-15 '
.12-31
;'$1"'A'
■
(quari)__.._;_j_,
series
1
12-
12-27
Metropolitan
(year-end)
Lamson &
4
(Glen
2nd
12-
1-15
12-10
$2(/a
$2.55
$2.97'A
10c
$l'/2
(accum.),
Landed
1-15
$r
preferred——
Motors
12-
preferred
1
•'
$2
,
(quar.),.„_i,
35c
(B.)
$l'/4
$1.75
17'Ac
17'Ac
.
Corp. (year-end)
& Co., common* (year-end)
preferred
Master
11-30
-
1- 2
2c 1-15-44
Extra
12-20 !
2
preferred
(quar;),,,*,
12-23
(Irregular)
1st preferred
Howes
7%
,
12-24
Tel.,-common
(quar.)*
*
Mergenthaler Linotype (year-end)
-'
$1'A
Merrimac Hat Corp., common (extra-)A-a-jja--'23d'
Extra
Lamb ton
12-10
62'Ac
preferred (quar.)
Houston Oil (Texas), 6%
preferred (accum.)
12-
15C
5%
6%
12-15
12-31
62'Ac
—
,
&
3-20
1-
11-30
11-30
11-29
12-10
—
(quar.),,,
Gold
Co.
.
3
25C
-$l'/2
Electrochemical, 6% pfd. (quar.),—
•Hoskins- Mfg. Co, (reduced),,—————
Houdaille-Hershey, class A (quar,),—
Class B (year end)
Household Finance Corp., common (quar.)—
5% preferred '(quar.)—_—_——_—.
Houston Light & Power
(monthly)
Houston Natural Gas, common (year-end)—
Hooker
Lambert
12-3
(quar.)
1-
Tel.
1
12-15
12-15
12-15
12-15
1- 3
Steel
T.amaaue
12-15
.
12-15
.
50c
Laclede
12-6
3
1
Massachusetts
Baking—
1st preferred
Kuppenheimer
6
—
pfd.
*
Co., $6 non-cum pfd.
(quar.
7% 2nd preferred
6
12-
Sons, Inc. (quar.)———
Marine
&
12-15
12-15
25c
Holophane Co.
25c
25c
Hollander (A.) .&
6%
1
1-
(quar.),___*_
12-20
4-
50c
(accum.)
Kroger Grocery &
12-20
Massachusetts
12-10
12-20
•
Koppers Co.v 6fe preferred (quar.)—'
$1'A
Kress (S. H.) & Co., common,,40c
6% special preferred (quar.),
15c
12-18
1
1-10
Corp.
1
Maryland
-
11-29
$1'A
common
B.) Rubber
25c
Oil
1-
12-30
—•
Emil)
Kleinert (I.
4
50c
Hinde & Dauch Paper (Canada)
Furnace Co.—,;——
Klein. (D
1
12-18
1
'
preferred
50c
-
$1.75
30c
25c
(year-end),,—
Kingston. Products (year-end)—
1
$1'A"
(quar.)—
preferred
1-
50c
common—
12-
12-15
25c
(quar.),
31 'Ac
preferred (quar.)——-4ZJS
.; $i%
prior preferred (quar.).,
—
7%
7%
3
"
,,_*■■
(accum.,
67c
„
——
Kings County Lighting, 5%
6% preferred (accum.)
$3'/2
preferred (s-a)———.—_—.*,,.:
Hewitt Rubber Corp. (quar,).—
Hibbard Spencer Bartlett & Co. (monthly),.
5%
(year-end)
6%. preferred (quar.)
Kingsburg Cotton Oil,
12-10
1-
3
12-
(irregular.^,,,*,,
t8c
(year-end),
B-l
Extra
12-4
$i
7%
■
3
12-21
$i%'.
Hercules Powder Co. (year-end)——
Hershey Creamery, common (quar.)——
common
K-2
Mines
Kimberly-Clark (quar.)—
1
$ i y»
•,
;——————
Series
1
Gold
(interim),
Kerr-Addison
43%c
((quar.)—
Monthly
Hickok Oil Corp.,
37'Ac
-
11-27
11-30
Marven's, Ltd., 6% preferred (quar.t$l'A
Maryland Drydock Co., common__,_A,,_*_, '' 37'ACA'
7%
preferred ; (quar.)_„*,i.„__
;
,*„
>"
$1%
12- 9
11-29
--
11-17
12-15
12-15
12-
Merck &
(year-end)
Keystone Custodian Funds,
50c
preferred
7%
A
Keystone Steel and Wire Co.
(irreg.),,——
common
Class
11-23
1- 3
12-22
'
12-6
Martin
12- 9
-
'
,
7
12-15
6%
Ken-Rad Tube & Lamp Corp.—
4
12-17*
12-20
12-20
12-22
$1
i
12-20
40c
25c
(year-end)—,,
12-16
■
preferred
conv.
6%
12- 3'
1- 2
.
40c
Co.
Year-end
12-20
1
12-15
$1.25
(accum.)*
Co.,
Kendall Refining
y
50c i
—
Corp.
preferred A
Kendall
12-15
—
(year-end) _,_—**
Hearst Consolidated Publications—
7%
12-17
25c
Hayes Industries, Inc. (irregular),
Hazel-Atlas Glass Co. (quar.)—
Helme
12-4
37'Ac
,i—;
37'Ac
1-11
2-
-
Class B
12-27
$1.62'/2
•
Transport
common,,,:——
Kelsey Hayes Wheel, class A
25c
—■—
—
25c 20c
25c 37'Ac
—
&
Company,
Kellogg
12-15
$4
(quar.)——
——Haverty Furniture, $114 preferred (quar.) —
Hawaiian Commercial & Sugar (quar.) —
Hazeltine
12-10
Co
&
Island-Lime
Kelley
v.
10c
preferred
614%
4
12-22
(Julius)
Kayser
8
12-
12-
3
11-30
Marshall Field
' Aidq-'.
-12^15 i
12-1
12-15
12- 1
12-23
12-16
12-15
12-3
-12-20
12-10
1-3
12-18
1- 2
12-3
fncf
■
____
•
25c
————;-**,*-
B
12-
12-14
25c
12-
12-22
.
$1
<year-end)
1-
2
12-15
Co.
Marlin-Rockwell
'
•
11-30
12-15
C.)
Marion Reserve.Power, $5 preferred (quar.),
Marion Water'Co., 7%
pfd. (quar..)
12-9
11-30
12-15
.
12-15
25c
15c
Extra,..
■
12-23
- 12-15
$1,% ' 1- 3
$2
-37'Aq
11-
11-15
12-15
7%
.
•.
■
12-15
12-15
12-15
25c
Maritime
/A
-
8
12-22
30c
class A—,—
America,
of
■
3
,75c
(R.
Margay
12- 4
•
3
1-
45c
'
■.
'
•
12-15
1-
(quar.),**„,*,$l'/4
Manischewitz (B.) Co., 7% pfd. (quar.),,,,
$1%
7% preferred (quar.)
$1%
Mapes- Consolidated Mfg. '(quar.)^,^!'
50c
12-14
A--25^
5% conv. preference (quar.)—
—':
Sl'A
Kaynee Co.,: 7% preferred (quar.)--,——
■ $1%
11-30
(quar,)
Corp.
Corp.
Common
.
—•
11-27
12-15
•
-
of Rec.
,$3'A
$5
12- 6
1-1
$1'A
Mines__,^__,<
Mangel Stores'Corp, $5 pfd.
12-10
12-17
12- 3
12- 3
12- 3
1- 3
12* 1
12- 1
11-24-
12-15
.
;
.
Co., common,,—,——
preferred (quar.)_i,„_—___,
Kaufmann Department Stores— .
,
~
12-31
15c
30c
Hat
15c,/
$4.50
6
$1%
(year-end),-—-——
Harshaw Chemical Co.—
Hartman Tobacco, $4 prior pfd. (accum.) —
Harvill
2c
Katz Drug
4
I-
1-20
*$l»/2
(quar.);
——
7% preferred (quar.)
& Co.
Harris Hall
—;
(quar.)
.
Harrisburg Railways (year-end)——
Harrisburg Steel, common
;
1
$1.50
■
$1
$1'A
; 20c
,——,_w—
City Power & Light—
preferred B (quar.
Kansas City Southern Railway Co.—\
4%-preferred
12-15
3
Harbison-Walker Refractories—
Harrisburg Gas,
3
12-
12-15
;
20C
,
Hamilton
50c
$1'A
$l'/4
-
When
Payable
Extra
Mahon
12-10
12-10
12- 6
1-18
12-24
1- 1
1- 6 \
'1- 1 1
1-1
1-15
12-15
12-15
12-15
12-14
$13A
•
$6
8
:11-15
12-31
t $ 1 'A
7% pfd. (accum.)
Hamilton United Theatres,
12-15
25c
,
Hamilton Mfg., plass A——.—
12-
Mfg.
Kansas
12-15
1-4
———T—
preferred
12-10
12-6
12-20
25c
20c
Haloid Co.
414 %
-
25c
——r
——*
*
Manufacturing Co.,____—
12-17
12-20
10c
(C.
F.)
(W.
'
$r'/2
.
25c
(quar.)
common
preferred (quar.),—i—— v$L06y4 >
Johns-Mansville, common (year-end)
75c
S-
Magma Copper Co..—
Magnin (I.) Co. (quarM
12-10
1-1
1-1
12-20
2- 1
Name of Company
Madson Red Lake Gold
■
7%
$1%
preferred
Lamp
Hall
1-
Inc.,
Co.,
Tea
:
12-15
1- 1
■
$iy2
$13A
4y4%
:
,
noldert
Per
share-
*
■
■'<'
,
(year-end)
lc
Lykens Valley RR. & Coal (s-a )
• •*
40c
Lynchburg & Abingdon Telegraph. Co. (s-a)
$3
M. J. & M. M. Mining Consol; (increased s-a)
'Ac
Macassa
Mines, Ltd.
(quar.)* •
,4:6c
MacKinnon Structural Steel Co., 5%
pfd.t$1.25
Macy (R. H.) & Co. (quar.),,;
50c
12-15 '
12-15
12-28
$1%
6%
•
Eackensack Water—
Central Power & Light—
5'A% ■ preferred (quar.)
preferred (quar.),——
7% preferred (quar.)
———,—
,
1-3
$1.50
(quar.)50c
-
$5
6
31'Ac
preferred (quar.)
i——,
Grumman Aircraft Engineering Corp.—.
Year-end <
——d-—-*
-Guilford Realty Co., 6% preferred (accum.)
Gulf Power; Co.; $6: preferred (quar.)——
Gulf States Utilities, $514 pfd. (quar.)—
$6 preferred (quar.)
**
—
5%
1- 3
12-31
12-31
,
Jersey
12-
1-
15c
common—.
'
•
Lusk Royalty
12-15
11-30
11-29
11-30
11-30
11-30
11-30
11-30
1-3
1- 3
1- 3
1- 3
preferred (quar.$1'AJefferson Electric Co. (year-end)—,——*,,
$1
12-27
10c
xl'A%
xl'A'%
(quar.)——.—x$l%
(quar.)—,—a—xl3A%
preference B
Jamaica Water Supply, ; common
12-27
$50
t2'Ac
17c
(quar.),
(quar.),,——.
7%
2-14
1'
3-
34%C
1-15
1-15
12-14
12-28
$iy4
(irreg.),
12-15
12-10
12-21
13 %c
preferred (quar.)—————----Group No. 1 Oil Corp. ——„—
Group No. 2 Oil Corp.——*_,,*-———
Hall
Corp. of Philadelphia (quar.),—
Foundation, com.'(initial)——
6%
12-31
5'A %
Co.,
12-15
12-15
$2.25
51/2% preferred ~(quar.)——;
Griesedieck Western Brewery, ,:com.
Watch
1-3
12-20
24c
Inc.—
6%
preferred (accum.) "_j.-—
Greyhound Corp., common (quar,>
12-15
12-20
(quar.)i.—
—>Mills (quar,) ;
Interstate Natural Gas (year-end):——.—-
12-15
$iy2
Greenwich Water System,
37'Ac
preferred
'
■
12- 2*
12-17
12-24
1-15
12- 1
12-1
12- 1
12-15
12-15
1- 1
1-15
2- 1
12-15
12-15
Interstate Hosiery
2
50c
—
$1
$1.75
25c
$1.73
25c
$1.10
75c
$25c
|75c
common.,—
$3
$iy4 participating preferred-,Participating *—
,*■——
Gruen
'7%
Co.
Department Stores,
Interstate
$1%
--
share"
i
3
1-
50c
(year-end)**—*~~
common
,
Silver'Co.,
12-13
(year-end)
Greenfield Tap & Die, common
.
12-
12-31
t75c
preferred
:
6% 1st pfd. (quar.),,
6%
2nd preferred (quar.).,,
Great Western Sugar, common (quar.),
7%
preferred (quar.)
Great West Saddlery,
>■'
:
(year-end)..
...
■
7% pfd, (quar.),
12-31
Northern Ry„
Great
flame of Company
t
t,.
Monday^ December* 13j 1943 r
/
•
When Holders
Payable of Rec.
•1
,
75c
(accum.)—
$2 pfd. A
•'
,
of Rec,
$75c
pref. B (accurn.)
Great Lakes Paper, $2 partic.
\
Holders
Per
Name of Company
f
FINANCIAL CHRONICLE
THE COMMERCIAL &
2402
Mfg
Products
15c
*
(quar.).
,*_;
1
*
2-
1
1-11
25c
25c
12-15
11-20
12-15
11-29
10c
12-15
11-29
Volume 158
THE COMMERCIAL & FINANCIAL CHRONICLE
Nlimber 4237
Per
When
Holders
share
Name of Company
i
..
Payable
Per
of Rec.
Nome of Company
Peerless
4
National
25c
12-15
12- 1
12V2c
12-15
12-1
50c
75c
$1
$27a
$lVa
'■ 50c
35c
35c
+3772c
25c
2- 1
2- 1
12-24
1-15
1-15
12-14
12- 1
12-1
12- 8
12-8
12- 8
12- 7
12-23
City Lines, flommon..^,
Extra
Class
$3
A
(quar.)
preferred
conv.
(quar.i-
National Enameling & Stamping .(year-end)»
National Erie, 5%,mon-cum- 1st .pfd. (s-a)-i.'
3%
2nd preferred
non-cum.
National Folding Box,
•
•
National
■
(s-a)
I—(irreg.)—-■
(quar.),___i
common
Funding. Corp.,-class-A
Class B
(quar.)
National Grocers,
National
$1.50 pref.. (quar.j__
Ltd.,
Gypsum Co.
National
Lead, common
6%
National Screen
Steel
Steel
National
6Ve
(.quar,)—,
(initial)—
new-common
(quar.)z
Refining,-,
_
(accum.)
$2
$1%
$17a
15c.
•
.
prior preferred, (quar.).,
National
Tool
Co.
Natomas
Co.
Nazareth
(year-end)—
Cement
.
z,z—
Corp., common,,,
:
$5.25 1st preferred (quar,)__
Neisner
Bros.
25c
12-17
.,
:
.
—
,
Nestle-Le MUr $2 cum. partic. cl. A
(accum.)
Newberry (J. J.) Co., common (quar.)——
New
England
Fire Insurance
(quar.)
—
5 '/a
New
Idea
Inc.
I
Year-end
New
15c
(quar.)
pfd. (quar.)——
Method Laundry, 6^/2% pfd. (accum.),.
Jersey
New
Newmont
Newport
,5%
Water.Co.,
7%
Mining Corpi.
News Shipbuilding
______
.
Dry
&
(quar.)
preferred
conv,
New York
City Omnibus.
Merchandise
York
New
SIVi
50c
$lt2
—_—
(year-end)
England Tel. & Tel. (irreg.)-!
York Central RR. (irregular)
New
12-20
12-15
,
2- 1
12-31
1-15
$1
1- 3
I—_____——
Common
Niagara
Weaving, Ltd.
Wire
Niles-Bement-Pond
12-14
+25c
12-31
50c
12-15
12-23
Industries
Noblitt-Sparks
-——
50c
12-27
12-15
12-17
t$l
Norma-Hoffmann Bearings Co,* (irregular)
North American Co.—•
'
'
Common
(stock div.)
Electric
&
35c
.
each
shs,
100
$6
Corp.—
1st
•
1-3
1- 3
12-20
,
:
(quar.),,,—
,— '
20c
7%
preferred (quar.),,^.
z,
8772c
North American Rayon, class A (year end),
75c
Class B (year end)
z„.;-z—75c
6%
prior preferred (quar.)_:_
z—75c
North Central Texas. Oil (year-end)_______
157ac
North Star Oil, Ltd., 77a pfd. (accum ),
?834c
Northern Central Ry. (s-a)__
$2
Northern Empire Mines Co. Ltd.,;
J20c
Northern Illinois Corp,
(extra)
30c
Northern Natural Gas (year-end)^
/■
50c
12-20
12-20
12-22
1- 1
12-16
1- 3
1-15
12-15
12-15
12- 3
12-27
12- 4
.,
12-22
.
—
Northern Ontario
common_____,_:—
J12c
1-25
tSlVo
; 1-25
1- 3
877jC
7V2c
1- 3
12-30
"35e ..12-15
Corp.
(s-a),
pfd. (quar.)—,
77a
(quar.)
Oahu Sugar (year-end)—
'-.->4'
Ogden Corp.'.(subject to the approval of
SEC)
Ohio
.
the
•
25C
55c
55c
t25c
i_,r
Brass
class A
Co.,
(year-end)
Class B (year-end),,—!
A-—--—
Ogilvie Flour Mills,-common (quar. )
Ohio
Cities
6
Water
Ohio Finance Co.,
'5prior preferred
Ohio Forge & Machine
Ohio
$1.25
$ 1V2
(quar.)__,_____-L__—
(year-end)
Oil
25c
,
'
Seamless
$.1.75
common
prior." preference
Oklahoma
T/o
Tube,
Gas
&
(year-end)—
(quar.)
(quar.)______,
Gas, common
Natural
$3
preferred (quar.)—
$5'/a conv. prior preferred
Pollack
Port
1- 3
12-22
Power
12-15
Prentice
5c/i>
$lVa
35c
12-31
12-31
common!—V183/4C
12-15
11-30
•
18%c"
12-15
11-30.
"J. 7%
43%c.
Onomea
40c
tSl'A
12-15
12-15
11-30
1.2- 1
—
participating preferred (quar..
Sugar (year-end)
'—————
Ontario Loan & Debenture (quar.)
Ontario Steel Products ' (quar.)_,___—!
J25c
..
+$1%
(quar.)——-t'
(irreg.)___——.—
(quar;)_,
35c
$iy2
Ottawa Electric Ry.
(quar.)i._,_—
+50c
Ottawa Light Heat & Power Co., com. (quar.)
tl5c
5'/« preferred (quar.)—i—t$1.25
Otter Tail Power, $4y2 dividend ser. (quar.)
$iJ/a
common
——.
,
Pacific-American
$5.50
conv.
&
Pacific
Coast
Extra
Pacific
Investors,
Aggregates
—
Extra
1-15
1-15
12-20
11-23
12-20
1- 3
1-1
1- 1
1-1'
11-23
12- 1
37J2C
11-10
12-15
12-
(quar.)___
1-3
12-15
1- 3
12-15
1- 3
12-15
12-20.
12*10
3c
—.v,—18c
Lighting, $5
50c
,,
10c
'
Mills
preferred
-12-20
.
; 12-10
1- 2
preferred
12-15
(quar.1—;
Park
&
Parker
Tihord,
6#>
Parker-Wolverine
4%
Cos.,
Co.
(quar.)
Mfg.
common
Co.,
6%
12-15
11-19
—
12- 3
40c
12-20
12-
12-30
12-16
30c
12-20
12-
50c
'
12-10
25c
■
12-29
75c
_■
(quar.)—
12-31
1-2
(quar.)—
preferred
12-15
1-15
J
12-21
preferred (quar.)
Paymaster Consolidated Mines, Ltd. (interim)
Peaslee-Gaulbert,
12-31
12-31
12-20
!
preferred
12-
t5c
(increased quar.)
7%
1-15
12-15
'
preferred (quar.)_
(quar.)_;
:
common
12-15
SlVa
40c
—t$iy4
1
conv.
Appliance Co.
Parrafine
Paton
Inc.
Pictures,
2
50c
Sl34
P^pific Western Oil (irreg.)-:
—
Page-Hersey Tubes (ctuar.) — ,—
Pamour Porcupine Mines (interim)^
Paramount
,1-
OIV4
(quar.)—-
(quar.)
Pacific Tel. & Tel., common
6',0
4
12-
1
1*
3
1-
3
12-
7%
12-23
12-18
-.Safeway
12-11
St.
3
$i
1-15
1$1
f$l34
tic
12-15
11-30
12-15
11-30
1-10
12-10
$112
1-
1
1-
'
4
Stores,
11-30
1
12-13
11-27
J5C
Croix
12-31
11-30
Louis
St.
Louis Bridge,
3%
St.
Bank
2nd
Louis
12-15
12-20
12-13
11-59
Salt Lake
San
12-15
12-
12-14
12-
2*
25c
12-27
Class
.
St.
4
50c
.
.
Bldg.
and
A
6%
Service
Utah
&
Francisco
12-15
Savannah
3
12-10
7!/2 %
1-3
12-10
7*%
12-15
11-19
6V27c
1■
25c
12-15
10c
12-21
11-26
$1
12-23
12-20
$3
12-20
12-10
$272
12-20
12-10
25c
12-15
11-24
12-
8
1-
pfd.
12-15
$172
12-
RR., 7%
Steel
1
incorrectly in
12-15
12-15
was
Loan
25c
12-15
Mfg. Co.—
(quar.)—^
1-
1
12-10
1-
1
12-10
627aC
Dome
Mines (quar.)
Co., Ltd., 5Va'/c pfd. (quar,)
?5c
1
1-15
intended
(Correction)__
was
reported
of
$1.25
for
Sears,
had been reported
previous issues.
Roebuck
under
&
1
11-24
20c
12-15
12-
*
$8c
50c
7
$5
'
Sheep
Shell
10c
Delaware
Common
Public
of
:
12-15
(Frank
that
name
quar.)
Co.,of New Hampshire—,
preferred
$6
preferred "(quar.)_—_
Public
Service
Co, of
Public Service Qorp.
Common
$5e%
'7%
8^
G.)
Co.
Gold
Oil
Mines
Corp.
preferred
(quar.)
Year-end
Pure
6r'r,
Oil
,__
Co.,
5%
■
8%
preferred
Mfg.
Quaker
Oats,
12-31
11-29
12-23
12-13
12-23
12-13
3
12-20
,$134
12-15
,'12- "6
$174
1-15
11-27
Sonotone
12-15
11-29
Sorg Paper,
12-15
11-29
Soss
12-20
12-
1-
1
12-10
12-15
12-1
12-15
12-
(quar.)
1
$2
12*15
12-
—Z__,
50c
12-15
11-30
(reduced) (quar.)—,
(quar.)
—,_i_.
■_
75c
12-24
12-
$172
2-29
2-T
1
25c
12-15
11-30
25c
12-31
12-20
—
$1.25
12*31
12-20
Z
21Ac
12-15
12-
6
,1,
5c
12-15
12-
6
$1
12-15
11-30
(year
.
!
end),
common
.
(Pittsburgh),
preferred
I
common—_z_
(reduced
quar.)-^i
1
1
Extra
Reliance
(irreg.)
12-15
11-20
12-11*
12-
lOc
12-15
11-30
5c
12-23
12-
Solar
Aircraft
.
Co.__
Corp.
I
4-67>
preferred B
Manufacturing
(accum.)
(irregular)
Co.
South Carolina Power, $6
South
'
Penn
Oil
1st pfd. (quar.)__
$1.90
1-15
1
12-15
12-21
z__
Porto Rico
(quar.)___
Sugar,
50c
50c
preferred
common
___zsL
(quar.)
$2
West
12-
7
12-
7
3
3
1-3
12-15
12-15
12-
7*
Canada
Power,
preferred
12-15
Southern
Natural
Pacific
12-15
2-15
3-
1
2-15
Gas
77o
'
(quar.)__
11-20
1-15
12-20
1-15
12-20
20c
1-20
1-15
12-20
SI
(year-end)
2-15
+$1V2
pfd. (accum.)
12-15
11-30
12-24
12-13
50c
(year-end)
Co.
12-15
343sc
common
Power,
Co.
3772c
37y2c
(quar.)
Southern
Royalty
1
Edison—
67c preferred B (quar.)
57 original preferred (quar.)
5y27c preferred C (quar.)
partic.
3-
12y2c
-Southern California
Southern
1-
1-
12-20
,
3772c
Extra
67c
3
$1.1272
Z_,
preferred
(interim).
:
1-
1
12-15
12-
12*21
Pennsylvania Pipe Lines
Southeastern Greyhound Lines, com. (quar.)
87o
South
3
8
Pittsburgh Water Co.—
4y27*
South
$iy2
1-
9
12-31
12-15
40c
-Extra
South
$1
15c
(quar.)
$1
non-cum.
W.
12-
12-15
11-15
20c
12-15
12-
$2'4
(increased)—
12-13
$1.25
pfd.__
12-22
15c
(year-end)
7
Gas,
pfd.
(quarterly)
Engineering
preferred
(accum.)__
12-20
Southwestern
1272c
12-21
12-15
12-21
12-15
Southwestern
Gas
12-15
11-19
Southwestern
Life Insurance
12-15
11-19
12-15
11-30
(accum.)
Quarterly
$$3.25
A
Southwestern Engineering Co
3772C
87T2c
1-
Associated
$6
1
30c
—
—
Grain, 6\a'.'o
3
11-23
12-29
12-22
11-2^*
2
1
•
(quarterly)
preferred
&
12-
12-18
com.
30c
common
3
12-23
12-15
25c
Southwest Natural
Stores,
12-
12-11*
12-
convertible
12-23
1-20
12-13
5%
jl5c
12-21
01
Reliance Electric
4
12-21
Iron,
Southland
Reliable
4
12-
30c
&
12-15
Corp.; common
preferred (quar.)
-
12-
12-15
t$l3A
-
12-
12-15
20c
Steel
12-28
7%
1
12-13
75c
preferred
83AC
(quar.)
12-10
}$1V2
$1.20
12-15
A
11-1%,
3
(reduced)
Sloss-Sheffield
12-28
Class
3
1-
75c
•
Smith
772c
Reed-Prentice
12-
12-22
12-10
Colorado
'
12-15
12-10
Southern
—
25c
12-31
Phosphates Corp.
Southern Railway Co.,' 5%
iquar.)—
3
12-31
$iy4
2
common
1
12-
}3c
.
;
.
3
Drug,
12-
1-15
12-15
11-12
1-
Reed
12-21
11-
1-
____,
12- 1,
12-31
$1
(s-a),
preferred
12-11
12-11
$1'A
m
(Canada)
.12-15
1
11-24
Southern
(Birmingham, Ala.)—
1
1-
12-15
12-23
Estate Loan
1-
12-23
75c
12-14
Non-cumulative
12-15
11-24
3
Real
1
12-15
1-13
Realty Mortgage
1-
12-15
1-
(quar.)
12rl5
12-15
50c
preferred
1
12-21
$$13A
(quar.)
50c
2nd
11 -24
M
$iya
Mines
Reading
Co,.
11-24
12-15
tl'/ac
Gold
Raybestos-Manliattan /irregular)__l_
Inc., $2 preferred (quar.)
Rayonier,
12-15
,
(Howard) Paper Mills, 67o pfd. (quar.)
Snap-On Tools Corp
-
i
25c
12-15
t3c
Extra
-
12-10
25c
12-15
1
t$3
-50C
j._
1
1-
30c
(accum.)
$1
preferred
Quaker State Oil Refining Corp
Ralston Steel Car Co., common,,
5'/<> preferred (quar.)
8%
Singer
'
Pyrene
Rand's
11-15'
Ltd., 6preferred
Mfg. (quar.)
50C
;
1-
$iya
Simpson's
11-29
:
11-30
1
60c
75C
!
12-15
10c
,
12-31
$174
common,
Extra
75c
35c
$174
(quar.),
Co.,-
11-29:
1
11-30
$3
.
1*.
12-15
10c
Optical
11-15'
$17a
11-30
'
Signal Oil & Gas, class A (irregular)
.Class B
(irregular)
Simon (H.) & Sons/Ltd., common
(quar.)__
\7'A preferred (quar.)
12-15
—
12-10
12-
$l>/4
*
Skelly Oil Co.
;
Skenandoah;Rayon, 57a preferred A (quar.)
5% prior preferred (quar.)
(quarJ
12-15
12-15
43%c
(interim)
11-15
(year-end)
(quar.)
preferred
Pyle-National
Mines
12-15
—
common
preferred
Gordon
50c
Puget Sound Power & Light, $5 pfd.
Pullman, Inc. (quar.)
II-19
60c
$13A
,
12-14
12-15
__________
$2
louar.l—
1-20*
12-. 9
5c
(year-end),_
Siscoe
1-
I-20*
12-23
10c
12-i5
$13A
1
20c
(quar.)__
H_15
!,,,_•
2-
25c
1-14
(quar.)-^'
11-29
1
$1,25
$i3A:
voting
non-voting (guar.)—
7 r/o, original
preferred (quar,)—
12-10
2-
22c
12-15
Common
11*30
12-13
62c
12-15
Gas, $5 pfd. (quar.),
11-30
12-15
.
50c
.
11-30
12-15
(quar.),
50c
»
preferred (quar.
Publication Corp., common
"
.
12-20
12-15
25c
$174
7%
1st
12-24
-
12-31
1-3
12-15
,
(quar.
Simonds Saw & Steel Co
(monthly)—
preferred •(quar.
preefrred (quar.)
7%
'12-15
25c'
Public Service Elec. &
,
12-15
$174
Okia., 5% pfd. (quar.)
of New Jersey—
12-10
—
Shuron
1
Si 7a
•
preferred
2-
$iV4
preferred (quar.)—
preferred" (monthly)
6%
<
4iy4c
_
.
(quar.)__'
3
A
(quar.)____:
(resumed)
Sherwin-Williams of Canada, 77p pfd. iquar.)
(initial
Service
$5
12-10
1-
60c
Creek
Sherritt
Colo.—
12-10
12-10
common
preferred
Union
Extra
12-15
10c
-
(s-al__.
Co.
3
3
3
>,
„
stock
Service
11-
Extra
12-7
12-T
1-
—
1
1-
•
conv.
Shattuck
4
12-15
of
Sharon Steel Corp.,
11-30
12-15
t$l3/a
12-15
Co.
Class B
12-15
1-
..$i.y4
(quar.)
12-31
last issue. This payment
our
Shamrock Oil & Gas Co., common____,____,
6% preferred (s-a)_
6% conv. preferred (s-a)_,
12-10
1-
12-
$1
Seeman Brothers, Inc._
Selberling Rubber, 5% class A pfd,
$21/2 prior preferred (quar.)_,__
Serrlck Corp., class A (quar.)
12-1
25c
6 Tic
(quar.)
1
12-10
$1%
Securities Corp., general
Security Engineering Co., common (year-end)
1%
preferred (quar.)__„
3
2
50c
12-10
12-
12-
1-
$iy8
12-
12-20
12-15
45c'
12-15
12-20
12-15
$13^
12V2c
12-24
1-15
12-15
25c
15c
1-15"
*
12-23
12*15
(quar.)_____
50c
12-17
X
12-27
\$1%
,
Seaboard
20c
12-
12-23
$2
12-24
t75c
12-23
12-27
$1%
12-24
J$17a
3
$1
and
■
1-
1-15
12-21
37V2c
12-30
1
6
12-18
1
$1,34
Clark
dividend
Oil
12-
1-
Association—
12-30
in
4
12-18
$7
(year end)
Stevens &
extra
12-?
50c
Scudder
1
12-23
$1%
pfd.
(quar.),
Scranton Lace Co.
12-
11-30
12-4
25c
(accum.)—,
non-cum,
(quar.)
1
An
12-10
12-15
12-
$4
.
12-27
12-23
1-15
(quar.)
12-
12-27
12-10
12-14
preferred (quar.)
Scoville Mfg. Co.__
:
12-20
12-27
75c
preferred :(quar.)
Schlage Lock (quar.),
Scott Paper Co., common (quar.)
$4V2 preferred (quar.)
3
12-10
3
$3
10c
(quar.)_„;
12-10
1-
12»/2c
;
12-
(quar.),
12-10
12-15
Power Co.—
debenture D
11-29*
!
12-20
12-21
$3
z
$1
Inc.—
1-15
$75c
(quar.)
debenture C'
12-27
Car,' common
&
A
debenture B
12-22
America——
preferred
East
Electric &
debenture
12-31
1-20
12-27
______
1
125c
;
$1%
(quar.)
12-21
2-
75c
Company—
(irregular),:
B
preferred
Remedial
Extra
12-15
3
9
3
$iya
Schenley Distillers, 5V2% pfd.
'Schiff Co., common (quar.)
;
12-10
12-
1-
$l»/4
Quarterly
10c
,
11-23
12-30
$1
(s-a)
Class
25c
7%
12-21
1
50c
.
Equipment
1st preferred (s-a)
Regis Paper, 7%
87®
10c
1
1-
t$l%
(quar.)
&
preferred
Public
1-10
10c
1-
12-31
J20c
(quar.).
St.
•
10c
_
12-20
25c
preferred (s-a)__
4% conv. pfd. A (accum.)
Paper Mills, 6% pfd. (accum.)
preferred (accum.)
12-31
$1,.
7a'
1
70c
Paper Co., 6%
30c
$2
12-20
1-
25c
Lawrence
-6%
12-10
12-31
20c
(quar.)—,
1
50c
(quar.),__,
common
preferred
12-31
1-
4
1-
$1%
(quar.),
St. Lawrence Corp.,
1-10
12-10
$1 i/a
St.
50c
(year-end)
(initial)—;
Ltd; (interim)
Accident Insurance
Cashable
12-10
1
preferred
Extra
1
3
$2
:
12-11
preference
1
1-
I5c
(quar.)___
11-30
_
7
12-
12-14*
25c
Co.'
12-18
$272
12-
12-15
$1'A
-
25c
j__,
12-18
12-21
$1.75
.'
(quar.)
12-31
$13A
4
$iya
'
Co.
Mfg.
4
12-4
12-
11-29
;
Safety Car Heating & Lighting
-•
12-
12-15
12-15
12-
1
(quar.)
$6.50
preferred
Russell
12-1
50C
preferred
preferred (quar,),
2nd
Public
6
50c
(quar.)——,,
Pacific
12-
12-15
$272
;
Indemnity Co.
Investing Co. (Phila.)
Original. stock. is-a)__"
11-10
$l3s
)quar.),
(s-a)—__
—
—
Pacific
4
12-15
,
12-
12-21
(year-end)
12-15
12-15
RR
30C
.
.
12-15
$172'
Protective
12-15
12-16
(quar.)
Co.
-
Indemnity
1-3
2-15,
2-15
^$1
pref.
preferred
prior
Atlantic Telegraph
Pacific
Co.
Public
12-15
75c
$l3/a
(quar.)__.
Fisheries-,,
12-11
12-17
12-11
3
12-15
Field, Inc. (year-end)
(year-end)
Rubinstein (Helena), class A (quar.)
^
Russell Industries, Ltd., common
(quar.)___
5%
Laundry, (quar.)
Proprietary Mines,', Ltd. (irregular)-——
11-30
12-10
12-15
American
1
$172
Progress
12-10
12-23
1-1
Pacific
1-
$17»
(quar.)—___
Procter & Gamble Co., 5%" pfd.
11-30
12-15
'
preferred
Ruberoid
3
.
1-
75c
Roosevelt
1
1-
(special),,-,:
1st preferred
Preston
4
12-,8
preferred
Common
1
12-
25c
(quar.)__
Alexander
Price Brothers
12- 8
Elevator,
2
12-28
'
12-
12-15*
11-15
11-22
$1V4
(quar.)__
Corp. (quar.)
Brothers,
12-31
25c
preferred
(G. E.)
Pressed
11-13
12-
12-31
$6
12-
A
Paper, 1% preferred.
Co., 5% prior pref. (quar.)
Clinton
12-21
$2
non-cum./partic.
1st
11*13
12-21
Otis
12-13
Corp. of Canada—
6'/o
12- 4
12-21
7%
12-18
Qo
of
&
Preferred
11-17
12-15
12-20
12-15
(quar.)____
-
12-27
,
11-17
12-15
43%c
,
______———
——————
&
(quar.)_„
Sulphite & Paper(year-end)
Co.
Powdrell
12-11
11-30
12-15
12-22
Inc., common
>r__—
10c
preferred (qukr.)__',—$lVa
Omnibus Corp., common (resumed)-—.;-—.
35c
8% preferred (quqr.)
:_l_1—$2
Extra
Rome
25c
Chocolate
&
non-cum.
Potash
12- 8
12-15
6%
,j
3
$13A
Paper Box Co.,
Huron
4 'w
12- 8
11-26
25c
Omar,
Ltd.,
Iron
:Gas
Oil
Common
12-15
12-15
Oneida,
12-
.
5c,'o
12-24
1- 3
Coal
Plymouth
12-22
' '$!%''
_______—,,
pfd.,(qua(.)
Electric,
preferred
Oklahoma
•
12-17
(year-end)—
&
Employee's stock
' Special
•
r
.<.12-29
12-24
60c
—
Extra
Ohio
Cable
$1
Co.—
preferred class A (accum.)_____
$3
Confection, $2'/a class A com. (accum.)
$114
6% pfd. (quar.$1.50
Ohio
Rome
1.0674
Valley Wine (year-end),—•_
Plymouth Cordage (quar.)
12-4
Nu-Enamel
Rubber,
12-10
$2c
Pleasant
12-15
12-15
Norwalk Tire &
12-20
(quar.)
Planters Nut
12-16
Co.
17c
„l__
Development,
12-31
$1.50
Power,
Telegraph
Pendleton
Roos
3
12-15
12-15
37V2C
(Sabin)
&
25C
Pittsburgh & Lake Erie RR. (irregular)
Pittsburgh Metallurgical
Pittsburgh Screw & Bolt_—
12-31
preferred (quar.)—
6%
&
Roeser
,
12-31
11-12
class A____
,
prior preferred
Northwestern
Rockwood
(interim)
(irreg.)
(year-end),,—
Pittstown Co., class A
.Class B preference
12-10
12-10
12-14
12-14
12-22
12- 2
12- 6
Corp.,
Robbins
35c
preferred- (quar.)
Pittsfield
12-10
Finance
Common
.7L!o
.12-10
12'Ac
80c
;
.
Placer
$172
$17a
preferred
12-10
Pittsburgh Forgings Co.—
Pittsburgh Fort Wayne & Chicago Ry.—
,
•
1st
1-
1
t50c
Myers, $l'/2 partic. pfd. (accum.)
Telephone, common, (quar.)______
3772C
Exploration
Ltd.-
&
12-13
Radiator
Mill
4y2%
1-
25c
Co.
Rochester
12-11
Mines
Governor
Robblns
12-15
12-10
10c
.
(quar.)___
'
12-22
12-22
American
Butler
Pittsburgh Coke
12-10
1-1
1- 1
North
Riverside Silk Mills, class A
Robertson (H. H.) Co
3
—,
Pioneer
•
(quar.)_z__————
,(quar.)
—;
preferred A
"'$6 "1st preferred'B
12-10
12-21
1
2c
(irregular)
Co
12-20
Power
Pilgrim
12-3
1- 3
——
preferred (quar.)_4.__-__—,,
75c
■>5%% preferred ;(quar.L-,z-,z-——... 71%c
Car
•;
....
held
approval of the SEC)_•—;—
American
12-29
Paper
Metal
12-15
1-
60c
Riverside
3
1
12-10
lOc
(Initial)
River Raisin
12-15
12-20
a
Corp.
Co.
12-15
3
50c
Philadelphia & Trenton RR.
Crow Gold
Valley Gas
3
1-
1-15
1
12-
1
15c
.
z
1-
2hd-;preferred—
Pierce
Grande
12-
1-
^
,
Riley Stoker
Rio
30c
—
Pierce
Extra
'
12-20
25c
50c
prior1 preferred (quar.)
Philadelphia Electric Co., common (quar.)_,
$1 preference common (quar.)__
Philadelphia Electric Power, 8% pfd. (quar.)
.
67a'
North
11-30
$1.75
(quar..),
—
->$6
Pickle
12-15
11-30
12-14
$1.50
Paper
12-15
12-10
50c
Corp
Riegel
1
2
ic
11-20
1-
1-
25c
12-13
12-15
8
12-10
$1.37J/2
Richmond Water Works Corp.—
6%
prefez-red (quar.)
3
Co.
non-cum.
Oil
12-
2
$i»/2
(quar.)
12-15
.
1 sh. of Pacific Gas
com.'for
(subject, to
Co.
Richfield
,
12-10
1-
$lVa
Oil Co
12-15
1-
$6 preferred
(quar.)
Philadelphia Dairy Products Co.—
Philco
12-17
Mfg. Co.
1
1-
(irregular)
Philadelphia Co., $5 preferred (quar.)
/ ..$4
Rice Ranch
1
25c
(quar.)_,
&
Rheem
12-17
$1
common
Heat
12-10
$174
(quar.)——
Extra
Pfaudler
12-10
3
1-
$1
—
Exploration
Petroleum
3
12-15
$1
1-
75c
(year-end),_.,_
Mines, Ltd. (quar.).
Co.,
1-
11-19
12-23
25c
Corp,, common
prior preferred (quar.)
6% preferred A (quar.)
Reynolds Metals Co;,
pfd. (quar.)
11-30
12-30
(year-end)
Steel
$172
(quar.)
4preferred (quar-.)—
12-13
11-15
12- 3
,
Noranda Mines Ltd.. (quar.),—
'»
Co.
Inc.
11-19,
12-15
$1V«
conv.
1-
1272C
—
Co.
Motors,
of Rec.
30c
$4Va preferred (quar.)
12-30
$1
(year-end),
Stove
Gold
Milk
Pet
11-27
„
Republic
$1.25
—
Circle
Perron
12- 3
10c
_—
9
(interim)
common
$172
(quar.)
Sugar
Permutit
12- 1
(year .end)u,___,____i,
Mines
Nippissing
12-
(quar,),
Perfection
11-19
(quar.)_______
12-24
12-15
(s-a)
25c
__
dividend
Perfect
12- 1
12-31
$1.75
Reo
—
Holder*
12-15
$3
(year-end)
common
When
30c
(s-a)_,
$174
T
—
preferred
Stock
12-7
12-15
75c
(s-a)_„_—
12-14
(quar.)_
,
Pepsi-Cola Co.
New York & Queens Elec. Lt. & Power Co.—
:
$5
Pepeekoe
4
15c
—_■/£
Co.<^year-end),^,_-
New York Mutual Telegraph Co.
preferred
Common
.
1-15
12- 8
12-10
11-20
12-22
$1
9
10c
Peoples Gas Light & Coke
Peoria Water Works, T/> preferred
12-11
11-30
11-27
1- 3
preferred
Remington-Rand,
1-14
15c
__—
Dock—
Common
New
$1.75
$1%
377aC
■
12-
■
12-
$174
:
.
11-30
11-30
12- 4
12-20
40c
6%
1
1-24
70c
(quar.)
(quar.)__,
—
Petroleum
»v
12-
12-24
50c
RR. (year-end)—
Salt Mfg., common (irreg.)
Sugar Co., 5 % pfd. (quar.)
Sugar Properties (liquidating)
Water & Power, com. (quar.)_
$5 preferred
(quar.)_,
Peoples Drug Stores (irregular).—,
Pennsylvania Water & Power C0.-7 •
12-15
12-15
* 11-30
11-30
12-15' , 12-, 4
12-23
12-10
1- 3
12-15
12-15
12-15
12-20
Forge
Pennsylvania
Pennsylvania
Pennsylvania
Pennsylvania
Pennsylvania
1
1- 1
12-15
12-15
75c
8IV2C
2-5-44
12-15
(Phila.)
Payable
30c
Company
Co.
Remington Arms Co.,
b%
Pennsylvania Glass Sand, common (quar.),_
New
England Public Service Co.—
$6 prior lien preferred (accum.),,
.$7 prior lien preferred (accum.),
12-15
2-15-44
share
30c
Insurance
Extra
15c
preferred series A (accum.)_
Extra
•-
1-
25c
25c
20c
60c
13c
1
75C
Pennsylvania Edison, $2.80 preferred
$5 preferred
(quar.)
12- 6
Inc.,(quar.)
Extra
35c
30C
Co
Pennsylvania
11-15
12-15
'.
„
1-1-44
Reliance
$2
1-21
$3.50
1272c
$1.3174
—
preferred V(s-a)
7%
Co.,
Nehi
12-
(quar.)
(quar.)—
(irregular),—,—
Co.
(J. C.)
$7 conv.
(2-20
12-20
12-15
12-15
12- 4
12-15
12-10
12-10
12-10
12- 3
25c
Supply, $2 preferred
preferred (quar.)
5Vn'/o
■
1-3
1- 3
1- 1
1-15
12-14
1- 3
12-27
12-27
12-27
12-20
.
Traffic
12-14
hame of
12-20
50c
class A
per
of Reo.
12-31
Pensylvania-Dixie Cement Corp—
12-8
87 7aC
8772c
-50c
25c
75c
,,—
Corp.
Sugar
National
\
Car,
(year-end)
Co.
Standard Co.
National
National
..
12-15
class A
cumulative
Pepney
12- 3
25c
—--
Mfg.
P&nn
Payable
$3
Telephone, common (quar.)
2403
Holderi
75c
Penn Electric Switch Co.,
12-10
2- 1
12-15
1-
Mfg.
&
Screw
National
t
12-24
$172
$1.75
—„
?—
$1.40
thare
preferred (s-a)
Ford, Ltd
&
Peninsular
12_12
25c
B .(quar, ).•___,,,1
preferred
7%• preferred A (quar.
National Oil Products—
National
12-20
12-15
12-20
12-20
1- 3
12-30
12-24
127aC
(quar.)
-.Extra-,,
<
12-20
Penick
Casualty, 6'h
When
&
Tel., $6 pfd. (quar.),
Elec.;
'
57a
Sovereign Life Assurance 257c
pfd.
Co.
(quar.)
(Dallas)
1-
fic
$114
1
12-15
1-
3
12-15
11-30/
12-15
—
35c
paid (annual)
1-14
t$174
12-15
1-12
12-
1
When
of Ree.
v
Sparks-Withingtort Co.—
6% convertible preferred (quar.)
Spencer Kellogg & SonStock dividend
(one share for each
held)
shares
;
12-28
—
/|c
Trask Fund--———
Sperry Corp. (year-end)—
:—
Spicer Mfg. Corp., common
.$3 preferred (quar.)
+•
Spiegel, Inc., $4Va conv. pfd. (quar.)—
Springfield Fire & Marine Insurance (quar.)
75c
75c
75c
$1/8
$1.12
25c
Extra
common—-
preferred (quar.)
—
$1'4
(E. E.) & Sons, common——
50c
$5 preferred series A (quar.)
-^1 A
$4.25 preferred series B (initial quar,)—
$1.06/4
Stahl-Meyer, prior preferred (initial)$3/a
Staley (A. E.) Mfg., common (year end)—
50c
$5 preferred (quar.)—.
—$1/4
Standard Brands (initial quar.)——-—25c
5%
Squibb
jExtfa
-
(quar.)_.
preferred
$4.50
Coated Products, $1
Standard
$1.12Ms
—-
——
15c
75c
pf& (accum.)
$3 partic. pfd. (accum.)
Fuel, 6'/2% pfd. (accum.)-—
Standard Oil of California (year-end)——
Standard Oil Co. (Indiana) (quar.)—
Standard Fruit & SS.,
Standard
^
Standard
Oil
Standard
Oil
b5c
25c
.jiy£)C
^
25c
50c
(quar.)—
(New Jersey)
(s-a)_—;—
(Ky.)
Co.
Co.
50C
Extra
(1 sh. Consolidated Natural
10 shs. held)
———.
Stock dividend
lor
Gas
each
$1.25
(Ohio), 5% pfd. (quar.)—
(increased)—
-A
5°c
87'Ac
$3
'
Extra
—
6% preferred A (s-a)_
Standard Wholesale Phosphate & Acid Works
Co.,
Standard Screw
80c
Quarterly ——
Stanley Works (The),, common (irregular)—
5%
preferred (quar.)
———
Stafrett' (L. S.) Co, (irregular)————
Stecher-Traung Lithograph Corp.—
5% preferred (quar.)
»
,
Common
(irreg.)—
:—:—1
——
Stedman Brothers, Ltd.,, common (quar.)—
6% conv. preferred (quar.)———:—
^Steel Products Engineering (quar.)
Sterchi Bros. Stores., 6% preferred (quar.)-
75c
31'Ac
75c
$1A
,
37 Ac
tl5c
.
$75c.
20c
75c
$1
Sterling Aluminum Products (year-end)—
Stix Baer & Fuller Co._———.—
——•
25c
25c
prior pfd. (quar.)
Stokely Bros. & Co., 50%
Stone & Webster, Inc.—
75c
$1
$1%
$1%
Coke & Coal Co. (year-end)
Strawbridge & Clothier, 5% pfd. (accum.)-
Stonega
(quar.) ——1*._—
Industries (quar.)———-—
preferred
$5
Sun
Glow
Sun
Oil Co.
25c
Corp.,
Oil
McKee
B
Class
10c
common————
(quar.)
Co., class A (quar.)
pfd.
5'/a %
®0c
—-
-
Sunray
Sunset
12'Ac
(quar.)———
Extra
68%c
—
3.7 '/ac
37%C
(quar.)——i®0
—
(quar.)——
Mining
Sunshine
30c
t$2'/2
Steel Corp.——.—
——
Supersilk Hosiery Mills, 5% preferred (s-a)_
Sutherland Paper —,-A
Superior
Co.
Sweets
Swift
&
(quar.)
25c
——
30c
—
25c
—:———
25c
——
Sylvania Electric Products—.
Extra
30c
(resumed)——:
America
of
Co.
*■.——
—
3
7%
12-
3
1-
5
6%
1-
5
United
Sylvanite Gold Mines (quar.)—
——_—
J3c
Tacony-Palmyra Bridge, common (year end)
50c
Class A (year end)
—35c
12-15
12-
1
12-15*
3
1-
12-20
5%
(quar.)
preferred
—— —
$1%
62%c
.
Extra
10c
10c
—
68%c
partic. preferred (quar.) ————
(stock dividend), one share $10
par pfd. for each 100 shares held——A—
Tamblyn (G.) Ltd., common (quar.)—
5% preferred (quar.)————— 5y2 %
Inc.
Talon,
Tappan Stove (year-end)—.
Tech-Hughes Gold Mines, Ltd.
Technicolor,
2-
1
1-15
2-
1
1-15
U.
12-16
12-20
A—-
(quar.)
Extra
——
12-10
11-25
United
11-25
United States
12-15
12-
12-10
1
12-20
3
12-15
^
12-15
11-30
12-15
11-30
3
12-17
1-
U.
12-31
6.4%
1-29
12-17
12-17
U.
U.
12-31
12-17
1-3
12-20
7%
12-20
United
12-15
Brothers, Ltd;
Trans-Lux
6%
Oil, com. (year-end)—
—
(quar.)
•
.
;«
."•*
1
Utica
Company,
Extra
7%
common
7%
The
as
Disc
Clutch
(quar.)
(year»end)
Udylite Corp.
Realization
Ulen
Unexcelled
Co.
Mfg.
Union
Carbide
Union
7.6%
preferred
Union Metal
Extra
$6
Mfg.,
—
preferred
Union
&
Carbon—;
Investment
Pacific
Co.,
(quar.)__A
$3
12-20
11-20
1-
3
12-15
1-
3
12-17
12-15
11-27
Vinco
'•
Canadian non-residents' tax.
funds, tax deductible at the source.
Non¬
resident tax, 7 %,
a Less British income tax. "
15% ;
hand
on
.
•
(—) Since
due from U. S. Treasury
1-1-44
19,696,015
12-14
12-15
11-30
A
cash
42,500
—
178,817
21,021
A
293.124
Dec. 9,
'42
858,599
~
161,653
+
53,584
13,864
—
+
35,343
:
—
643,362
+
104,208
12-27
12-4
Dec. 1, '43
Dec. 8, '43
and
Redemption fund—F. R. notes
$2
Total
20,167,956
reserves
Bills discounted:
by U. S. Gov't obli¬
gations, direct & guarant'd
12-24
1
12-
1
12-20
12-
9
1-
9
12-
12-20
1-15
11-15
12-30
12-15
12-30
12-15
1
12-17
2-
12-16
12-15
12-27
12-15
&
Aircraft
Co.
12-15
Waco
Wagner Electric
Waldorf
Wabash-Harrison
1-
3
12-10
107,893
55,198
+
1-
3
12-10
12-
12-15
2-
8
2-
1
$1
Ward
Ware
Co.,
Mills
Mfg.,
12-15
12-
12-10
12-15
12-
12-27
12-17
12-15
12-
3
12-22
12-
3
1
II-26
12-10
1
12-
3
3
1-
3
12-10
1-
3
12-15
12-20
12-10
12-12
12-
12-
12-20
11-30
2-1-44
5-1-44
8-1-44,
7-15
12-22
1
12-20
12-10
3-20
3-10
$1%
1-20
$1%
12-1
Oil
Indies
Common
&
(extra)
(irregular)
—
common-—
—
——
preferred (quar.)—
Utilities, $6 pfd. (quar.)—__
Coal & Coke (year-end).—:—
West Virginia Pulp & Paper (irregular)
Western N. Y. & Pa. Ry., common (s-a)
4'/2%
Union
(quar.)_
Telegraph, class A
Westmoreland Coal
12-17
Westmoreland,
Inc.
12-15
12-
1
12-
1
1
12-
3
20c
95c
12-15
12-
1
1-
3
12-20
12-15
12-
6
12-15
12-
6
12-15
12-6
3
12-
4
12-15
12-
1
12-15
11-30
1-
12-15
12-
1
12-14
12-
4
12-14
12-
4
16,527,744
+ 184,850
12,569,053
+
7,257
685,718
+
410,502
4
F. R. notes in actN. circulation-
1
pfd. (quar.)-_
Ltd. (quar.)
Westvaco Chlorine Products, $4'/2
—
—_
pfd. (quar.)
25c
12-20
12-10
Member bank— reserve acct.U. S. Treasurer—gen. accts—
11-15
12-15
1,447,872
+
26,038
215,964
+
8,273
14,918,607
+
452,070
Foreign
Other
•
—
+4,625,531
$$1
12-15
12-15
11-12
12-29
12-15
Deferred
12-15
11-
Other liabs,, incl.
$1.70
12-24
12-15
12-
4
12-15
12-
4
12-15
12-
4
1-
■
9
625,664
+
651,026
—
$lJ/4
2-
1-15
1
67'/2 C
2-1
1-15
$l'/2
12-15
25c
Total deposits
Wilson &
Winters &
7%
conv.
7%
conv.
7%
conv.
409,080
1,233,990
10,095
—140,021
+
166,673
1,705
+
1,622
32,690,436
+ 498,604
Capital
paid in—
(Section 7)
—
Surplus (Section 13b)———
Other capital accounts—
150,846
73
Surplus
160,411
+
26,829
+
48
+
34,907
accts.
deposit &
combined
make indus¬
33,117,714
items—
availability
accrd. divs.
Total liabilities
Total liabilities & cap.
11-24
+
+ 5,202,906
12-15
F. R, note liabilities
12-28
12-14
342
89,192
+ 499,019
+
+
(accum.)
preferred (quar.)
preferred (quar.)
preferred (quar.)
preferred (1897) /(quar.)_
Wisconsin Michigan Power, 4'/2% pfd. (quar.)
Wisconsin Power & Light, 7% pfd. (quar.)__
preferred (quar.)__
2,909
Commitments
to
64.1%
—
—
8,735
——
1,5%
1,152
—
5,246,142
—
14.7%
1,646
$1.75 8-31-44 8-15-44
1-
3
12-15
50c
12-16
12-
12-
Auction Sales
6
12-16
6
3
12-15
$$1%
12-31
12-14
$1%
$l'/2
1-
♦Transacted
Barnes
by
&
Wednesday, Dec. 1.
Lofland, Philadelphia, on
' ,
'
$ per Share
$2.1ot
$1 lot
STOCKS
Shares
12-30
12-13
30c
12-24
12-10
10
National
$l'/8
1-15
12-20
20
National
$l'/2
12-24
12-15
100
50c
12-13
11-30
Fund, preferred
Fund,
common
Trustee
Trustee
Carnegie Metals Co.,
cap.
—:
—-
temporary ctf———
Terminal Realty Co.,
Trust. Co.A
Street
(no par)———_
common—
10
69th
15C
1-
3
12-15
11
Media-68th
$l'/2
1-
3
12-31
75
Tri-Utilities
1-
3
12-31
25
Aiken
Corp., preferred $3 series--——^—
Community Hotel Corp., preferred—^—
•—
Aiken
Community
1-3-44
12-20
50c
12-15
11-19
$1
12-15
12-
1-
3
12-15
92%
200
12-15
50
12-
3
$1.50
1-
3
12-11
$20c
1-
3
12-
$l'/s
2-
1
4
1-10
Amro
92%
3
37'/2c
12-15
12-
100
30
60
125
3
75C
12-23
12-1
$l'/4
12-23
12-
50c
12-17
Amro
Street
—
—
—-—
Hotel Corp., preferred—_i_
—
Paper Co., ;,($100 par)—-————
Paper Co., ($100 par)
+**♦*-
Inc./ common———
—preferred —
Lavashower Corp., class "B" common———
Lavashower Corp// preferred—A—.———
Lavashower Corp., class "B" common
—
Gillespie-Pye-Gray Co., Inc., cap. ($100 par)
'
/
' •
'
;
' ■
'
'
' '
John F.
Betz & Son,
Lavashower
Corp.,
12-27
12-11
,
•
12-10
$1
1
Transacted by
$1%
1-
1
12-11
15
1-
1
12-11
356
$1.75
1-15
1-3
37
$2
1-
3
12-23
1-
2
12-1
$iy2
2-1
1-12.
18%c
2-15
1-31
10
18%c
5-15
8-15
30
4-29
18%c
7-31
$1 Va
1-31
12-15
1-15
2
11-30
10
$1%
12-15
11-30
$iy2'
12-15
11-30
'
:
.
'
'
$2 lot
$l,lot
$2 lot
$1.10
$1.10
$4 lot
$4,lot
$1 lot
$l lot
$llot
$2 lot
$1 lot
$1,000 lot
*
Wednesday,
4
STOCKS
$ per Share
($100 par)—
-a—
($100 par)—
Associated ( Gas & Electric Co.,. .class A ($1 par); 4
Cameron Mfg. Co. ($100 par); 50 Utilities Power &
Light Corp., ■common ($1 par); 35 National Electric
Power, common A; 3 Insull Utility Investments, Inc.
Bear Tractors, Inc.;
15 Stanley Engineering, Inc.,—_
Kernwood Country Club ($50 par); $100 Boston Lodge
Order
of Elks,
2nd mtg. 6s, April, 1940, coupon
Somerville
Trust
Old State Corp.,
10-1-29
3,000
$1%
R. L. Day & Co., Boston, on
$2 lot
Dec. 1. -"
Shares
$1.75
Wisconsin Electric Power—
6%
5,372
Ratio of total res. to
3
1-
Crampton Corp.—
6%
169,821
+
Capital Accounts—
12-31
5
$25c
Ltd.
(quar.)—
CO., $6 preferred
697,789
+
12-13
50c
—
11-12
..
———
(year-end)__
$5 conv. prior preferred (quar.)A—;
White Motors Co. (year-end).
A.
Whitaker Paper, common (quar.)
7% preferred (quar.)
;
Whitman (Win.) Co., 7% pfd. (quar.).
Wichita Water Co., 7% preferred (quar.)—
Will & Baumer Candle, 8%
pfd. (quar.)
Wilsil.
1,776
32/603
+ 5,246,142
•
Weyenberg Shoe Mfg. (s-a)__
Wheeling Steel Corp., common
89
Deposits:
1*
25c
12-15
+ 499,019
12-
25c
i
6%
33,117,714
12-
$l'/4
(initial)——:—
.
(quar.)_
5,564,600
—
4,432
+
25
preferred (s-a)——;——
preferred
329,875
——.
assets
12-
Western Tablet & Stationery—
5%
+
$l'/4
West Virginia
Western
29,319
96,440
—
67,826
12-20
25c
—
—
West Texas
5%
+
+
38,287
12-15
25c
-A———
Seashore RR., common (s-a)
West Kootenay Power & Light—
7% preferred (quar.)———A—————
West Penn Electric, class A (quar.)
—__
Power,
3~274
+
$1.75 2-29-44 2-14-44
$1.75 5-31-44 5-15-44
West Jersey &
West Penn
+
—
trial advances
Snowdrift————
Sugar
623,096
1,639,068
12-24
42 c
7%
West
+
69,264
$1
7
Wesson
+5,470.157
+568,874
Liabilities—
12-
Grape Juice Co.—•
preferred (quar.)___—_—
preferred (quar.)__
7% preferred (quar.)-———;
655,664
1
12-20
(irregulaT)-
6,058,319
136
assets
Total
12-
12-13
50C
12-17
1-
4-10
4-20
12-13
30c
,
+
—
11,015,954
——
$1%
class C
1,167,429
375,114
banks
foreign
50c
Co.
D.)
+
+
premises
Other
5
1
1-
V
Bank
50c
——
176,300
1-10
12-
1
1
from
Uncollected items
12-22
1-
12-
12-13
$1
gtd.
5,000
+
F. R. notes of other banks—
$3'/a
RR.,
1-
12-15
Due
$l'/2
$21/2,
common-————-
—1,099,927
+
11,134,377
guaranteed-.
Total bills and securities
30c
—
4
and
direct
1-15
62'/2c
(year-end)—
12,460
+
710,900
(Total U. S. Govt, securities,
4-15
37'/2c
(s-a)__—
4,697
1
4
(s-a)—_—
River
11-26
1-
12-10
$25c
7%
12-15
12-
12-
12-15
12-15
99,140
+
—
1,584,747
A-a—
6,634,357
Welch
12-10
1
_
Wellington Fund, Inc.
3
1-
12-15
976
2,085,950
—
——
Certificates
(year-end)-——
(initial)——;—
$2,50 clas$ B (s-a)—
Warren Bros. Co., $1.35 class A (s-a)——
Washington Water Power, $6 pfd. (quar.)__
Waukesha Motor Co.
(quar.)—_—
12-23
12-20
Bonds
Notes-"
55,198
+
—
direct
4
37y2c
—.
(quar.)__w
preferred
(S.
12-18
1-
Shoals
Brothers,
3
12-15
12-
37y2c
A—
Baking Co., $7 pfd.
Warren
1-3
1-
7
12-13
12-15
107,893
10,530
Govt,
securities,
and guaranteed:
1
12-
12-23
$l'/2
^—»
—
Warren
12-18
1-
12-
12-30
$1
———■
aa.
(quar.)——
6% preferred
preferred
Wamsutta
6
12-
12-15
10c
end)-—-——
(year
(quar.)
I-17
12-27
50c
S.
40c
Common
Walworth
1-
12-10
$1.12'/2
Walgreen Co;, 4'/2% preferred (quar.)——
Walker (H.) Gooderham & Worts, Ltd.— A/
12-31
1
12-20
U.
5,068
—
50c
A__,
_A—
discounted
bills
Industrial advances
75c
Corp. (quar.)
(quar.)
1
System
4
75c
Co.
Corp.
4
12-
25c
(quar.)
-A-—
U-A
1
12-
12-20
35c
preferred (quar.)——^
Goodwill Station (quar.)——
Extra
12-20
$10c
A.'
The
WJR
Other
Total bills discounted——
35c
Electric & Power,
7%
12-31
12-27
1-
Iron
Coal
1
$1%
(year-end)—:—
$6 pfd. (quar.)_
Virginian Ry., 6% preferred (quar.)
6% preferred (quar.) ——
6% preferred (quar.) ,—A^.'•
Common: (quar.)
,„A
—-.w--,--_
Vulcan Detinning Co., common (irreg.)
Common (irregular)
u.——Aa--7% preferred (quar.)
A———
6
6
•
2
10c
(irregular)——-—_—A,—a
Corp.
Virginia
11-27
12-
12-
,
1
12-
Other
—
common
Virginia
12-15
12-16
12-15
—
—
12-
12-14
75c
!
(interim)
Victor Chemical Works
(year-end)
Victor Equipment Co., $1 conv. pfd.
Viking Pump Co. (Del.) (year end
$l'/2
Chemicals, Inc., com.; (initial)
preferred (participating)
12-15
Inc.'.
Ltd;,
Ventures,
15c
United
8
Canadian
in
tax,
certificates
Gold
Veeder-Root,
4
12-4
$1.20
United Aircraft Corp., common—
12-
Reserve Banks Combined
12-10
—
12-
6
30c
25c
$l'/2
70c
80!/5c
12-4
12-20
Increase ( + ) or Decrease
45c
(yeaj end)„_„_
12-15
12-
—~
12-15
80c
_A_„.,_i,A
12-15
12-22
$1%
dividend,
this
for
■V
Co.
15c
—
12-15
20c
Assets-
Van Norman
20c
—
4
12-
Statement of Condition of [he 12 Federal
12-13
12-11
12'Ac
(quar.)
"-Union
Sugar
(quar.)
Union Wire Rope Corp. (quar;)——,
12-23
1
1-
-
RR.
1
11-20
(In thousands of dollars)
11-20
12-11
(quar.)_:
A-—,
closed
1
11-26
12-18
common
121
1
50c
1
12-
11-26
12-14
(quar*)_
12-
12-15
12-13
3
75c
12-15
12-15
12-21
(year-end)_
not
12-1
12-15
12-24
—
common
1-
$1%
11-19
12-15
1-15
—
—
(liquidating)
(quar.)
Corp.
12-15
12-10
75c
50c
——
12-10
50c
Secured
Westmoreland Water Co.,
(quar.)
12-10
15C
——!
,;
Corp..
books
5-25*
12-20
25c
6%
Bag,
Weston: (George)
:
6-10-44
12-
Twentieth
Twin
3*
12-31
4
208 South La Salle Street Corp.
3
1-
15C
Jamaica income tax.
Less 30%
2-25*
12-15
4
—
7-
3-10-44
1-3-44
12-
$l'/a
37y2c
7-15-44
$iy2
12-
$1
3*
$1 %
12-15
Century Fox Film Corp.—
Common (year-end) ——
$4.50 prior preferred (quar.)—.
$1.50 conv. preferred (quar.)
3*
62y2c
12-15
(initial quar.)—
preferred (quar.)——
above company was formerly known
Tubize Chatillon Corp,
•
'
1-20
3
14-
preferred (quar.)
Van de Kamp's Holland Dutch Bakers, Inc.-—
Common (year-end)_—
:
$6.50 preferred (quar.)_
$1%
25c
$1%,
Tubize Rayon Corp., new
12-
Co.—
prior preferred (quar.)
5%
(quar.)——
20c
—20c
——
12-17
1-15-44
4-15-44
Valve
12- 4
(quar.)
Products
resident
Utility Equities, $5'/2 priority stock (accum.)
12-
————,————
preferred
11-26
2- 1
,
3
12-31
12-15
(quar.)..
1
12-
12-10
12-15
-—
3
12-
3
1-
50c
Co,——;
fPayable in U. S. funds, less 15%
3
12-
12-17
12-10
12-15
—
12-
12-15
1
12-10
(initial)——
-—
(quar.)—
preferred A (quar.)—
11-24
Corrugating
tPayable
12-27
1
3
*
1
12-22
12-16
1
1-
12-28
A
1-
1-
3c
$25c
t$l
$$l'/2
10c
$1.75
$1%
(year-end)
Troy & Greenbush RR. (s-a)_
Truax-Traer Coal, 5'/2%' preferred
Trion
50c
$7'Ac
$$13A
(quar.)—
11-30*
12-20
20c
Cooler,
Knitting
x
2
$8
(resumed)
4
Ware
_
12-
25c
.A
12-
12-23
1
1-
1
(year-end)-
3
43% C
(year-end)_
common
12-
12-11
11-30
12-
75c
$1
$1.75
75c
$1'A
25c
$1'/b
10c
35c
1-
40c
(Del.)
Co.
12*
$6y>c
11-12
$1
12-15
12-18
12-14
12-15
—
1
40c
,
12-15
12-15
12-20
7%
(resumed)——
Corp.
—
$1 class A__
—.AUniversal Products Co. (year-end)
Upper Michigan Power & Light-—
6% preferred (quar.)„
—
Upressit Metal, 8% preferred^„„__;____^
Utah Oil Refining
(quar.)
—
1
Toronto General Trusts Corp.
Traders Finance,
A-,-'-,
preferred (quar.)
Lines
Stove
Universal
6
10c
1-
40c
3*
Axle——,
preferred
Truck
1- 3
12-
$4.50
Tooke
Co.,
non-cum.
12-27
12-
7%
Tonopah Mining of Nevada
S.
12-
(year-end)_
Ltd.. common
(quar.)——
Tobacco
12-29
—
$1.25
a—;
Unjted Stores Corp., $6 1st pfd. (accum. )__
3
Detroit
S.
12-25
3
■—
Zonite
$1.25
-l-A'
(quar.)
3
3
1-
4-10
50c
.A
(quar.)
preferred A
12-
1-
$7
(year-end) ——
Ltd. (reduced)—
12-10
50c
Steel Corp., common
7%
3
(quar.)
Tip Top Tailors,
S.
U.
3
12-15
1
$1%
11-12
$1%
,
(quar.)
preferred (quar)
preferred A (quar.)
2-15
1-
$l'/2
——
5-15
2
$5
12-
12-15
$3
12-15
50c
^a/
6.4%
12-31
3
6
12-15
1
12-15
$l'/2
3
$1.25
$5 preferred
11-30
12-15
3
12-
1-
$3'/2
1-15
1-
50c
—
preferred
Sugar Corp.,
& Towne Mfg.
♦Transfer
(quar.)_
:
(year-end.
12-2
12-15
12-
12-15
$1%
12-15
35c
common
preferred
3
Timken
S.
12-10
12-15
$l'/a
50c
(s-a)
(quar.)__-^_.
Co., common (year-end)
Rubber
S.
12-16
12-20
(reduced) ————
Youngstown Sheet & Tube, common——
5'/2% preferred A (quar.)—
A—_
Zion's Cooperative 'Mercantile Institutions—*
Quarterly.
$1%
preferred
$5
3
preferred (quar.)
Tilo
Roofing, common—
$1.40 convertible preferred
Playing Card
Potash
8 %.
U.
12-28
$ 1 Vb
50c
ACo.,
12-16
$2
50c
(irreg.)______>
preference (quar.)
Lines, 7% prior pref.
S.
6%
12-
Associated
class A
States
S.
U.
12-31
12-
Water
partic.
Quarterly
12-15
Tide
$1%
common
11-15
15c
preferred (quar.)
Products, Inc., com.
$5 conv. preferred (quar.)
12-15
12-15
12-13
10c
Thompson
(quarj^:„_
12-31
7%
11-15
12-28
$1%
(year-end)
Wright-Hargreaves Mines,
Wrigley (Wm.) Jr. Co., common—
United States ?ipe & Foundry Co,—
Extra
common
12-21
50c
United
12-15
Co.,
York
7
11-15
25c
10c
preferred
Yale
7
12-
(quar.)
11-30
12-15
common
—
preferred (quar.)—
Co., common (quar.)
$3
1
12-
_
Co.
11-15
Thermoid
Thew Shovel
12-
12-21
Co
12-15
11-23
Textiles, Inc.,
4%
12-15
40c
A-
—;
„—
12-15
1-15
12-16
30c
——
Wright Aeronautical Corp.
20c
(accum.)
12-15
12-14
$1%
12-23
5*
Convertible
11-26
—
12-29
8*
,
Corivertible partic. class A (irreg.).
U.
(resumed),—
(A. B.) Co., 6% pfd,
preferred (quar.)»—
7%
1-
11-15
prior
12-28
(quar.X
conv.
Wrisley
12-20
12-
11-15
11-26
(quar.)—-
1-10
1-10
12-15
12-15
12-
50c
—
40c
3
12-
12-13
12-10
Guarantee
preferred
75c
50c
Land
&
4
$1.75
States Gypsum,
7%
12-15
,25c
11- 4
50c
U. S. Leather Co., conv.
12-15
—
12-
12-18
$1.75
Graphite
States
United
1-
12-15
$2'/2
(quarterly)
preferred (accum.)
1
1-
6-15-44
(quar.)^^^;
partic. class A (irreg.)
preferred
12-20
12-15
12-11
12-15
Corp.—
7%
Co.,
12-15
50c
—
Oil
Texon
Foil
A—'
(quarterly)-
Water, $6 prior preferred
Texas
S.
7%
12-20
7-1-44
10c
pref.
partic. preferred
(initial)—
——'
Transportation Corp.
&
Co.
Texas
;Texas Gulf Sulphur Co.
Storage
3-15-44
50c
U.
12-10
50c
'
'
Cold
S.
4%
A--,
prior preferred (quar.)_
4'/2 % prior preferred (quar.)
——_
7% preferred A (quar.)——
Accumulated (payment clears all arrears)
6% preferred B (quar.)—
^—A—„—„
Accumulated (payment clears all arrears)
12-17
4-1-44
50c
—
1-3-44
$l'/4
■
12-11
1-3
(year
Common
12-15
3
7 '/2 %
A-
(interim)
ordinary
Co.,
National Corp.,
12-20
$1.45
25c
(year-end)————
Inc.
Tennessee Corp.1.————'—
Terminal
$20c
$62'Ac
75c
$10c
(quar.)
United Molasses
United
1-
$l'/4
/
—/._>
^.A
non-cum. partic.
United N/J. RR. & Canal (quar.)
12-15
A
—
(interim)
Telephone Bond & Share—
7% 1st preferred (accum.)
Common
3
12-15
$l'/4
preferred (quar.)
preferred (quar.)
5% preferred (quar.)
12-
12-15
3
4'/2%
5%
12-31
3
1-
12-15
3
1-
50c
A
3
15c
end)
7%
preferred
(quar.)A
Worthington Pump & Machinery Corp.—
Mfrs.—
&
12-11
3
1-
Merchants
1-
53c
—
5%
12-15*
—
Taggart Corp., $2.50 preferred (quar.)——
Talcott (James)-Inc., common (quar.)——
58 V3e
:
(monthly)
preferred
7
(Del.)—
prior preferred (monthly)
preferred (monthly)
1-15
Industries, Inc.^AA
Woodward & Lothrop, common
Woodall
Common
6.36%
1-15
12-
12-27
50c
—
Light &■ Railways Co,
12-
12-15
—--
Standard Oil Co.
Common
United
12-14
12-15
12-17
1-
of Reo.
Payable
l-
;
12-10
12-15
(quar.)_—___A„_
25c
25c
3
12-30
$75c
$5c
(irreg.)—
of Canada
Equities
■
...
United Illuminating Co
..Spencer
Square D Co.,
Gold
United
five
—_—
(quar.)
class A preferred
6%
12-4
12-15
$l'/a
Oil
Wiser
Fuel Investments—
United
Holder$
When
Per
shate'
Name of Company
of Reo.
Payable
ihare
Name of Company
Eoiaert
When
Per.
Holders
Pay'ble
per
Share
Name of Comvanv
Monday, December 13, 1943
COMMERCIAL & FINANCIAL CHRONICLE
THE
2404
and
Company
common
sub.
om.-—-a__
($1 par;
:
Kernwood Country Club ($50 par)——-—King Philip; Mills "Stockholders Receipt; 3 8-10 Con;
veyarices-Realty Co.,1 /class
—
;
Kernwood Country Club ($50" par)—
:—
Gold
Circle Consolidated
Mines
28%/.
$101ot
$1 lot
30c lot
$4 lot
$6Tot
$1 lot
$17-lot
$llot
.Volume 158
Number 4237
>
Shares'-.
7,000
531
100
10
20
800
•
212
3
.1
•
200
.$ per Share
-
Vermont & Massachusetts
Northwestern Ry.,
RR.
common
($100 par);
The
—
of
weekly
reporting
mem¬
1: Decreases of $242,000,000 in total
$802,000,000 in United States Government
deposits, and increases of $450,000,000 in demand de¬
posits-adjusted and $148,000,000 in deposits credited to
ended
December
and
loans
domestic banks.
Commercial, industrial, and agricultural loans declined
$16,000,000 in the Chicago District and $44,000,000 at. all
reporting member banks. Loans to brokers and dealers
50c lot
15c lot
in
securities
'
Boston City Club; 4s, July, 1945, reg——
statement
leading
cities show the following principal changes for the week
$107V2 lot
($100 par)
Chicago Milwaukee St. Paul & Pacific. RR., pfd. ($100
par); 5.Chicago Milwaukee St. Paul & Pacific RR.,
common; 2 Minneapolis St Paul & Sault Ste Marie
Ry. Co!, common ($100 par); 5 New York Ontario &
Western Ry.., common ($100 par); 5 Philadelphia &
Reading Coal & Iroru—.—;——
.
Utah Consolidated Mining Co. ($5 par)—U—
condition
ber banks of the Federal Reserve System in 101
3 Chicago
BONDS
$200
Condition Statement of Member Banks
Independent Mines Co., Inc. ($1 par)—1_„
——.
$4 lot
Co. ($0.01. par)—1
^
—$7 lot
Stator Corp. ($1 par)
,
$6 lot
i! B. Corp.
—„—
$21 lot
The Automatic Time Stamp Co., common ($10 par);
100 The Automatic Time Stamp Co., pfd. ($10 par)
$2 lot
Faun Mining Co., Ltd. (50 cents par)——
$6 lot
Hotel Trust Touraine Ex. Distribution—
—31c
Kernwood Country Club ($50 par)——
—' ,
$1 lot
Detachable.Bit
&
3
STOCKS
THE COMMERCIAL & FINANCIAL CHRONICLE
-
>
declined $124,000,000 and other loans for
purchasing or carrying securities declined $82,000,000,
$15 lot
Foreign Exchange Rates
tifying daily to the Secretary of the Treasury the buying rate for cable transfers in the different countries of the
world. We give below a record for the week just passed:
EXCHANGE
FOREIGN
RATES CERTIFIED
BY
DEC.
FEDERAL
3 TO DEC.
Holdings of Treasury bills increased $112,000,000, in
New York City, and $9,000,000 at all reporting member
banks, and declined $33,000,000 in the Boston District,
$27,000,000 in the San Francisco District, and $25,000,000
in the New York District outside of New York City.
Demand
deposits-adjusted increased $168,000,000 in
City, $74,000,000 in the Chicago District, $53,the Cleveland District, $46,000,000 in the
Philadelphia District, and $450,000,000 at all reporting
New York
000,000
in
member banks. United States Government
districts, the principal decreases being $356,000,000 in New York City, $98,000,000 in the Chicago
District, $59,000,000 in the San Francisco District, and
$57,000,000 in the Cleveland District; the total decrease
at all reporting member banks was $802,000,000.
'
A summary of the principal assets, and liabilities of
reporting member banks, and of debits to demand de¬
posit accounts, follows:
(In millions of dollars)
Country and Monetary Unit
Increase (+) or
Assets—*
Buying Rate for Cable Transfers in New York
Value in United States Money
12-1-43
•Loans and Investments—total—.
Loans—total
Argentina,
"
peso—
Official—
*
•
.297733*
—
,051275*
.051275*
—
,
—
.297733*
Other
3.228000
3.228000
loans for
.060586*
.060586*
Loans
.051275*
.051275*
.051275*
Other loans
,809090
;909090
:892232
..890781
.572766*'
England, pound sterling-—
4.035000
India (British), rupee—--—
.301215
Mexico, peso.,—
.205820
.205820
1
'V'
to
—
J
;
.572766*
.891875
U. S. bonds-;-;
Obligations guaranteed by U. S. Government
Other
.301215
Cash in "vault——.
.205820
.205820
.205820
+
243.
Balances with domestic banks.
82
+ '•
67
181
—
9
+
18
+
■
—
——*'.
9
—
4
—
1,776
2,800
Reserve with Federal Reserve Banks—
..
+
r-.10'
9,165
securities
.301215
4.035000
741
—
+15-.
4,883
17,599
——i-w—
4.035000
.
61
+
82'
—
1,350
3,918
;
——
.301215
(205780
635
Treasury bills
Treasury certificates of indebtedness
Treasury notes ........i.
'
—124
89
4.035000
.301215
730
—
1,125
—
banks-;
-.572766*
.893035
44
—
1,447
.909090
.9096-90
i;
.572766*
4.035000
4.035000
.301215
6,379
1'
.060586*
.886875
12,79a
purchasing or carrying
.securities
3.228000
,060586*
.572766*
+
Loans to brokers and dealers in securities
.251247*
.909090
:
+
—242
—
-
.297733*
.909090
.572766*
—296
11,025
..251247*
.884464
-t*—-
51,166
-
.297733*
'
official—
Colombia,^peso—'—j.—--—
.
■loans
,051275*
.060586*
~Free_.
*
"
Official———
.
,
3.228000
.000586*
Canada, dollar-^-
/,
$
:
Decrease (- •) Sine#
11-24-43
12-2-42
Commercial, industrial, and agricultural
Dec. 9
Real estate loans
v
Free—
.
Dec. 8
.251247*
,251247*
3.22800Q
7
$
,297733*
.251247*
3.228000
Australia, pound——
Brazil, cruzeiro---
.297733*
.251247*
—
Free
$
$
$
Dec.
Dec. 6
Dec. 4
Dec. 3
.
1943, INCLUSIVE
Noon
deposits de¬
clined in all
RESERVE BANK TO TREASURY UNDER TARIFF ACT OF 1930
9,
City,
both largely in New York
Deposits credited to domestic banks increased $104,000,000 in New York City and $148,000,000 at all report¬
ing member banks.
Section 522 of the Tariff Act of 1930, the Federal Reserve Bank is now cer¬
Pursuant to the requirements of
2405
14
5,736
—
18
348
—
—
8,785
+
38
545
.5,965
158
484
698
—
4
2,194
642:
+
96
+
+
28
+
574
—
4
Newfoundland, dollar—
New
.
——■-———
—-
.909090
.909090
.888333
.890416'
.889375
3.244203
3.980000
.658300*
.529980*
Noncontrolled—.-3--—.—--
;
.909090
.889791
3.980000
Africa.pound-,.--.------—----
Uruguay, peso—
Controlled
.909090
.884375
3.244203
Zealand.pourid—
Unionof South
Liabilities—
•
.909090
.882083
.909090
Official--.^—1——
;•
.
3(244203
3,244203
3.980000
_
3.980000
,529980*
3.244203
.529900*
j
.529740*
Domestic
.658300*
.529760*
.529760*
+ 450
+
6,043
9,131
12
+
83a
—802
+
6,015
8,753
+ 148
——
•'
banks
Foreign banks
Borrowings
———
+
4,799
701
792
„
88
76
;
+
"l2
73
Debits to demand deposit accounts except
Interbank
and
U.
during week
♦Nomina! rate,
State and
33,651
deposits
Interbank deposits:
3.980000
.658300*
.
deposits-adjusted
Time deposits
U. 8. Government
3.244203
3.980000
.658300*
.658300*
.658300*
"
Demand
S.
Gov't
accounts,
11,808
—
City Department
BOND PROPOSALS AND NEGOTIATIONS
to
FLORIDA
Lakeland.
In
effect
$938,369 in Nov. from $1,099,the court
said ihat the refunding proposal
Nov., 1942, and aut® license
Eustis, Fla.
Tucson, Ariz.
fees
receded
to
was based on part of the utilities
$258,772 from
Bond Call—The City Council at
Utility Purchase Discussed at
$472,389.
Such items of revenue
earnings being pledged for the
a meeting held on Nov.
SEC Hearing—The probable hold¬ as
22, passed payment of the new bonds and
cigarettes, sales, liquor and in¬
ing of a second election in the come taxes moved upward, how¬ a resolution to accept the pro¬ since
this
revenue
was
not
above city on the question of mu¬
posal presented by a syndicate
ever..
Liquor tax collections for
pledged to the original bonds the
headed by Leedy, Wheeler & Co.,
nicipal acquisition of the proper¬ the month more than doubled re¬
proposed refunding bonds consti¬
of Orlando, The syndicate will act
ties
of the' Tucson
Gas,- Elec¬ ceipts for the 1942
tuted a new issue and could not
month, totaling
tric
immediately to take up all bonds be
Light & Power
Co. was $157,473; against $75,843.
put out without a vote of the
callable at the next interest date
indicated in testimony- at a hear¬
Total
tax
collections
of
the
electorate.
But if new bonds
ARIZONA
641 in
better.
up
Gas
holding"
For Aug, of
revenues are
surprisingly well.
this
year
same
ahead of the
10%
month
from
last
the
were
revenues
24% ahead of the
1942 and in Sept. of
this year were
corresponding
Total revenue
year.
gas
nearly
month of
tax
for
the
nine
months through Sept., 1943, were
only 15% less than for the same
period in 1942. The State Board
voted then homesteads to the val¬ of Administration is taking ad¬
ue of $5,000 are exempt from tax¬
vantage of the present low inter¬
ation for the payment of the new est rates to refund a great amount
issue.
A rehearing has been re¬ of optional bonds, replacing them
quested.
Since
the
refunding with serial maturities. There has
contract
was
signed there has been,a great change and improve¬
31/2 %.
The
saving will come been
last year.
strong
opposition
to
it ment in the whole picture since
after
1947
when
the
Gasoline tax receipts for the chiefly
among a lot of Lakeland people, the amendment became effective
five-month period totaled $4,621,- present interest rate advances to mainly, we gather, becaus&'they On Jan. 1st of this
year.
5%. The contract with the bond
520 and compared with $5,356,989,
don't want to see any part of the
houses provides that they pay all
Lakeland, Fla.
and auto license fees produced
utilities earnings pledged for pay¬
expenses of refunding, and that ment of the bonds.
Rehearing Planned—The Flor¬
$403,397, against $636,015.
Sales
the city pay a 2V2% service fee
ida Supreme Court recently voted
Exemption of homestead prop¬
tax revenue, on the other hand,
for officiating. The plan provides
to grant a rehearing in the $5,~
moved up to $4,285,506 from $3,erty to the value of $5,000 in pay¬
for amortization over a period of
ment of debt service on new bond 350,00Q bond refunding case of the
617,788, and income tax receipts
30 years, a sinking fund of
$25,000, issues may prove a serious handi¬ City, with argument set for Dec. 8,
rose to $949,984 from $803,982.
and it was estimated that the city
While liquor taxes showed a
The State
cap in the post war period.
If according to report,
can,
through careful financing,
strong upward trend in Nov., re¬
municipalities are to grow they Supreme Court reversed a Circuit
liquidate its indebtedness when need
Court ruling in the case by con¬
ceipts from this source registered
improvements
for
which
the bonds mature.
a decline in the five-month peri¬
money will have to be borrowed. firming City Commissioner Geo*
J. Tolson's
contention that the
od, totaling $577,409 against $723,Many projects, for example street
Florida (State of)
836.
bond. • contract was ah
illegal
Municipal Market Develop¬ improvements for one; cannot be
financed by revenue bonds. When pledge of surplus earnings of the
ments—The following comments
CONNECTICUT
city-owned light and water plant.
a city in Florida votes a new is¬
are taken from the Nov. issue of
Pledging of the plant, funds was a
Darien, Conn.
the monthly bulletin on municipal sue of bonds it excludes wholly or
in a large part, the most desirable sufficient enlargement of security
Note Offering — J. Benjamin
bonds, put out by A. B. Morrison
to require a vote by Lakeland
Corbin, First Selectman, will re¬ & Co., Congress Building, Miami: property, homesteads, from taxa¬
ceive sealed bids until 10:30 a.m.
The result citizens, the Supreme Court ruled.
The past thirty days has been tion to pay the bonds.
is that if the bonds can be sold at
on Dec. 20 for the purchase at dis¬
a quiet period in the Florida mu¬
St. Petersburg, Fla.
all the interest rate must be high¬
count of $150,000 tax anticipation
nicipal market.
Prices on dollar
Refunding Postponed—At a re¬
are
ing before the SEC at Philadel¬ state for the period from July —Feb. 1—and arrange for ex¬
change of bonds at a lower rate
phia on Dec. 1,
through
Nov.,
the
first
five
of interest, or absorb them and
At an election, held on Oct. 29,
months of the current fiscal year,
resell in open market. The pres¬
the proposal was defeated by a were
$13,878,396, a deduction of
ent rate of interest is 4%.
vote of ,1,387 for to 1,655 against.
The
3.01% compared with $14,308,693
new bonds
will bear interest at
The Commission has been asked in the
corresponding five months
.
by Tucson City Attorney John D.
Lyons to order immediate divest¬
ment
of the
properties before
Feb. 1, 1944, when the city is ex¬
pected to hold a second election
on the $8,500,000 purchase of the
properties from the Federal Light
& Traction Co.
Other
were
requests from the city
the SEC separate the
from other Cities
that
Tucson
issue
Service issues and that "the com¬
panies"
and
their
officials
be
refrain from
political
activities looking to-defeat of the
ordered to
A resolution from
of .Super¬
visors indicated that the Legisla¬
ture may be petitioned to author-,
ize creation of a separate electric
light and power district to acquire
private utility properties in the
county and the City of Tucson.
city election.
the Pima County Board
ARKANSAS
^
notes.
Dated Dec. 22, 1943.
er
Due
than
would
otherwise be
the
bonds, generally speaking are a
case.
In our opinion, the consti¬
1, 1944.
Payable in New little softer.
Yield bonds are at
amendment
Tax Receipts Off in Month— York
exempting
City.
Satisfactory
legal approximately the same levels as tutional
homesteads from debt service for
State tax collections amounted to opinion will be furnished the suc¬
previously.
Dealers have been
future issues should be modified
$3,352,820 in Nov., a decline of cessful bidder.
more or less
marking time.
De¬
to the extent that municipalities
7.49% compared with $3,624,128
mand is good but the approxi¬
Waterbury, Conn.
«
at the same time the bond issue is
in the corresponding 1942 period,
Note Offering—Cornelius F. mate ceilings seem to have been
authorized can also vote to allow
the monthly report, of Murray B.
Maloney, City Comptroller, will reached for the- time being at homesteads to be taxed
along
McLeod,
Commissioner
of the receive sealed bids until noon on least.
with the other property for pay¬
State, Revenue
Department, Dec. 16 for the
The Supreme Court of Florida
purchase of $700,Showed..
ment of that particular issue.
000 tax anticipation, notes.
Dated recently handed down a decision
The road bond picture in Flor¬
Among the items of income, Dec. 28, 1943.
Due June 5, 1944. refusing to validate a proposed
Arkansas
(State of)
gasdline tax collections *
declined
May
City to furnish legal opinion.
refunding
issue for the
City
of
ida continues to look increasingly
cent
we
meeting of the City Council
understand that it
that there would
,
ate
be
refunding of the
$18,000,000.
Action
was
no
decided
immedi¬
city's debt ol
to
defer
a
present proposed refunding is said
to
have
been
taken
on
the
rec¬
ommendation of E. L. Cole, chair¬
man
of the council's bond com¬
is reported to
that the time
required to meet legal require¬
ments for a refunding by April 1,
mittee.
have
Mr.
Cole
pointed out
interest date, would proved" the change and urged Mr:
little time to formu¬ Clark to continue to equalize as¬
late
a
comprehensive refunding sessments at 37%. Besides loss of
program.
It
was suggested that business, the board declared that
increases in taxes and effective
plans be made to advertise for
refund proposals about Feb. 1, as tax rates, tax delinquencies, lit¬
the basis for a possible refund as igation, and lack of uniformity
would result from the proposal.
of Oct.
1, 1944, next legal call
the East St. Louis city
bond
next
■v
leave
would
that
ordinance
an
lish
authorize
000 worth of bonds.
of the ordinance is
ders
Final passage
expected next
were:
in
attached
John Nuveen &
For
Association funds will be avail¬
100.14
Co
able for employment
' " '
1%% Rate
■
■
City Securities Corp., In¬
dianapolis —101.07
|0WA
ment
Association
after
a
Perry, Iowa
:
.
Exchanged for Warrants
Bonds
—Donald Kanealy,
City Clerk, re¬
ports that the First National Bank
of
Perry has accepted in
ex¬
change for a like amount of war¬
rants, $10,000 3%
funding bonds.
tion $500.
1
work
1,
'•
P-
Playground Fund, 1935, No.
290, dated Dec. 24, 1935.
Holders of these warrants were
required to present them to the
Board of Education, Chicago, on
or
before Dec. 6, 1943, in order
that same may be verified and in¬
terest computed so that cash war,
drawn
rants
urer
may
the City Treas¬
issued in payment
on
be
thereof,
■■.,
(P. O.
Chicago Sanitary District
Chicago), 111.
Bonds Remain Unsold
It
—
is
valuations, where as those
the
have
would
funds
of
levies
pegged
under
operating
alternative
Bonds
Would Drive Away Industry
day.,
Migration of industry from Chi¬
that the $121,000 not to exceed cago because of heavier tax bur¬
dens as compared with other areas
3% semi-ann. land damage, Ser¬
was cited as another, disadvantage
ies One bonds for which all bids
of the proposal.
; i
;
V. i
received on Nov. 4, were rejected
"In considering the location of
—v. 158, p. 1984—still remain un¬
sold.
Dated Dec. 1, 1943.
Due new plants, industry considers not
the mere nominal tax rate, rather,
on Jan.
1, 1949, with $21,000 op¬
the effective tax rate" the reso¬
tional Jan. 1, 1947, and $50,000
lution pointed out, adding that
optional on Jan. 1, 1948.
even though the proposed increase
Cook County (P. O. Chicago), III., in valuations
would reduce > the
Insurance Society Asks Suit Be nominal tax rate, the "effective"
Advanced—The Woodmen of the tax rate would be increased so as
World Life Insurance Society on to
adversely affect location of new
petitioned the Illinois Ap¬
pend¬
ing suit to require the above
county to issue bonds in satisfac¬
tion for judgments now held.
In
a
E. Moo-
motion filed by William
attorney, the insurance com¬
pany also asked the court to order
the county board of commission¬
ers to
comply with a mandamus
issued
by
Circuit Judge, John
Prystalski in Jan., 1942.
Judge
Prystalski ordered the county to
ney,
issue bonds to the insurance com¬
life
The
insurance
company
judgments, originally- ob¬
by the City of Chicago
holds
tained
county, for the costs
operating the municipal court
up to the end of 1938. These judg¬
ments amount to $3,620,000, in¬
against the
of
cluding interest at 5% up to Dec.
■
1, 1943.
The
.
county
appealed
Prystalski's decision, to the state
supreme court, but it was trans¬
ferred to the appellate court on a
jurisdictional question.
has been
dormant
ever
The case
since the
county launched steps to fund the
issue in
fi¬
operation.
The county
an
$3,346,000 bond issue
judgments
into
connection with
nancing
awarded
to
bond
a
its $8,346,000
investment
an
banking
firm
Nov. 2, but delivery of the securi¬
ties has not been made as yet be¬
cause
from
approving legal opinion
firm of municipal bond at¬
torneys has not been obtained.
-v"
is
said
to
O.
County'
have
ap¬
court
house
Mercer
$160,000 electric
previously reported in
2302.
The issue is di¬
>
Bonds
bonds.
.
County (P. O. Harrodsburg), Ky.
Sold —It
is
stated
that*
endum, basis for a
given an opinion that the vote
was
legal, clearing the way for
issuance of bonds to finance the
airport.
The opinion was given
following study of copies of peti¬
and the
tions for the referendum
voting list.
spring,
■
.
tax
the
Since
.
was
airport
an
Creek Township has
,
voted
site
last
in Long
been selected
admin¬
Appraisal of the land,
which must
Park
be
purchased by the
Board, was begun
tember.,
in Sep¬
v
The Park
Board,
as
the agency
:v%:J
said "must go Budget — This city is squared
out" but added that "can well be away today to do a job of postwar
eliminated from the law without reconstruction and development.
Leadership in the bffort has
in any way infringing upon or im¬
been taken by the Louisville Area
pairing the effectiveness of the
Development Association, incor¬
statute.".
"%•■'•.■:
section, he
The
III.
Authorized
Bonds
Commissioners
land
It
be
and
has
in leveling the
constructing runways.
spent
been
estimated
that
the
— The Park
said to have
an ordinance calling for
issuance of $10,000 park pro¬
tection bonds.
reported that an election will be
held in the near future to have
the voters pass on the issuance of
improvement bonds.
$70,000 road
Zion, III.
Luce, City
Bonds Sold—John D.
Clerk, reports that $10,000 water
bonds have been sold to Barcus,
Kindred & Co., of
Chicago, at par.
Roy
met on
land will cost the Park Board ap¬
termined
proximately $200,000, which will
be paid out of tax receipts that
to
exceed
to
E. Hickman,
that
Comptroller,
Council
Pending —It
Issuance
by
the
Nov.
is
City
Common
15 and de¬
issue
4%
to
making
both
and gas
were
and
$48,000 water
Sale—The
system refunding revenue;
offered for sale
bonds
.
Ky.
on
Dec. 1
awarded to the Security and
Bond
Co.,
Dated Dec.
of Lexington, as 3s.
1,1943. Denom. $1,000.
LOUISIANA
upon
Louisville
the
within and
area,
outside the cor¬
limits, a more prosperous
progressive community."
porate
Lafayette, La.
Bond Sale—The
$59,355 refund-;
ing bonds offered for sale on Dec."
7—v. 158, p. 1866—were awarded
to the Equitable Securities Corp.,
and Scharff & Jones of New Or¬
leans, in joint account, at a price
effort, according of 100.005, a net interest cost of$9,355 as 21/2S,>
to the American Society of Plan-/ 2.07%, as follows:
In¬
ning Officials, illustrated by the $18,000 as 21/4S, $32,000 as 2s.
terest J-J.: The next highest bid- ,
fact
that *25%
of the two-year
der
was
Jac. P. Ducournau of
budget was put up by the city
and county governments and the New Orleans at a price of 100.12
for $29,355 2%s, $21,000 2y2s, and
remainder
by local newspapers,
-f
; :
banks,
utilities,
the
American $9,000 2V4S.
The Louisville move is an over¬
all
community
Federation
of
Labor
of
a
radio
and
MAINE
stations.
number
of im¬
Maine (State of)
Report Issued by
Emergency
portant area planning objectives,
Municipal Finance Board—Of the
a representative citizens' commit¬
tee will be appointed.
For ex¬ 14 Maine municipalities whose af¬
ample, a committee for industrial fairs were taken over by the State
and business planning will assist between
Aug.,
1937, and Jan.,;
in converting industries from war 1941,
because of financial dis¬
to peace purposes.
The Louisville tress, the Town of Blaine has been;
Committee for Economic Devel¬ turned back to local inhabitants
opment may be asked to take and most of the others also will,'
be returned in a few months, it
over this work to prevent dupli¬
For
each
Another
Indianapolis, Ind.
stated
the
Bond
;
and * undertake
execution all
various local plans conducive
"determine
Co., Harrodsburg.
North Middletown,
to have carried into
cation of effort.
INDIANA
Bond
porated under municipal sponsor¬
ship and armed with a two-year
minimum budget of $100,000.
Function of the association is to
& Trust
„
Township (P. O. Williamsville), III.
■
Bond Election Pending —It is
Williams
tax for airport pur¬
poses, Was selected as sponsor for
the port program for which the
Government has earmarked $600,to
are
passed
the
with power to
000
se¬
invalid.
by the Civil Aeronautics
istration.
second
,
proposed air¬
bonding program, has been
approved by Chapman & Cutler,
of Chicago.
The law firm has
works revenue,
water
1944, all outstanding 3%% first
ries, bonds sold to the Ohio' Valley mortgage bonds, numbers 21 to
Trust Co., of Henderson, at 103.00
59, to the amount of $39,000, part
board, held the board had the —as reported in v. 158, p. 2201—
of the total issue of $59,000.
De¬
right to hold office but said the were sold as 2I/4S, are in denom,
nom. $1,000.
Dated July 1, 1938.
section under which land devoted of
$5,000 and mature $5,000 annu¬ Holders of said bonds will be paid'
to farming exclusively could be
ally from 1944 to 1949 incl.
{ ; the face amount thereof, together
disconnected from an Airport Au¬
with accrued interest to Jan. 1,
Louisville, Ky.
thority for taxing purpose, was
Payable at the State Bank
Set Up Planning Agency With 1944.
approved by a referendum.
Decatur Park District (P. O.
The ruling is of state interest be¬
Decatur), III.
cause
of
other cities planning
Airport Vote Declared Valid—
municipal airports.
It was
announced by the Park
Board that the airport tax refer¬ Joliet Park District (P. O. Joliet),
an
a
p.
(P.
County
Paducah), Ky.
Approved—The
Judge L. E. Stone ruling in the
case
of the Springfield Airport
been
'-.'V:/,.
Judge
158,
V
proved the refunding of $192,000-
Dec. 1 an issue of
as
organized
postwar
:
The new act permits
Illinois
plants in Chicago.
Comparative tax advantages of cities to create an Airport Author¬
the creation of trusts and location ity for the purpose of building an
of intangible
assets in Chicago airport, it authorizes an airport
would also be lost by increasing board to select a site on which to
the airport and to issue
the effective tax rate, the associa¬ build
bonds after a tax proposal has
tion said.
_'
port
pany.
paid a
other cities.
Court
Fiscal
price of 101.50 in purchasing on
V/ 'bonds,
of
Franklin, Ky.
Details—The Bank¬
Sale
Bond Co. of Louisville
ers
v.
■
by
James
J.
Sullivan,
Clerk of the Board of Trustees,
Dec. 3
refund¬
Bond
the
Illinois (State of)
$39,000 school building revenue
vided as follows:
:":v-7>
levying upon the basis of either
Court Approves Airport Act—
refunding bonds were offered for.
their pegged levies or their max¬
$78,000 2s, maturing on Dec. 1: sale on Dec. 7 and were
The United Press reported in part
purchased
imum statutory rates, whichever
$7,000 from 1946 to 1949 incl.;
as
follows
from Springfield on
by Stein Bros. & Boyce of Louis¬
W: $8,000, 1950 to 1953; $9,000 in
would produce more taxes.
Nov. 28:
0.:
ville, the only bidders, as 2V2s, at*
1954 and 1955. ^ ^
"While it is unlikely that such a
V
%
a
Validity of the new Illinois Mu¬
price of 102.50.
■
large increase would occur imme¬
82,000 244s, maturing Dec. 1:
nicipal Airport Authorities Act
Mercer County Public School Corp,\
diately, it is entirely possible that was
$9,000 in 1956; $10,000, 1957
upheld with the exception
the increases in 1944 and 1945
(P. O. Harrodsburg), Ky.
to 1960 incl., and $11,000 from
that a section exempting certain
Bond Call—It is reported that
would amount to 20% more than
i
: 1961 to 1963
farm lands was declared uncon¬
W. W. Ensminger, President of
the 1942 taxes," the association
stitutional, in a Sangamon county
Henderson, Ky.
the County Public School Corp.,said.
circuit court ruling here Satur¬
Bond Sale Details—The $30,000
is calling for payment on Jan. 1,-
stated
pellate Court to advance ts
$45,000 water revenue
ing bonds.
in
McCracken
to 1954 incl.
V
was
of
survey
planning situation in a numeral'
cities, and officials of the Ken¬
tucky city believe their program,
while unique in many respects,
embraces all the best points of$
1943.! Denomina¬
Due $1,000 Oct. 1, 1945
Dated ^Oct.
of outstand¬
ing national consultants to help
in determining a proper budget of
over-all community objectives.
!
The Louisville Area Developr
.
1935.
development of
ernment.
100.20
Co., Vincennes
..
Council
members
explained
unanimously
date.
that
whereas banks charge the
adopted after extensive study by a
ILLINOIS
committee on state and municipal city 4% interest on tax anticipa¬
tion Warrants, the new working
revenue headed by James A. Cun¬
Chicago Board of Education (P. O.
cash
fund bonds will cost but
ningham,
the
association an¬
Chicago), III.
2.75% interest. A year's interest
nounced.
Warrant Call—J. B. McCahey,
on $400,000 worth of warrants, for
An automatic increase of 170%
President of the Board of Educa¬
costs the city $16,000,
in assessed valuations would re¬ example,
tion, called for payment on Dec.
with $11,000 on the
sult on all real and personal prop¬ compared
7, the following Board tax antici¬
same
amount of bonds at 2.75%.
erty in Cook County if the 37%
pation warrants:
"We have been unable to get
equalization ratio is eliminated,
Building Fund, 1931, Nos. Blower than 4% interest on tax an¬
the association's board said, and
101639 to B-101703, dated Nov.
"will undoubtedly result in in¬ ticipation warrants," said John T.
2o
1934.
police
commissioner.
creases
in taxes of all property English,
Building Fund, 1933, Nos. B"After the war, interest rates on
owners other than railroads."
15707 to B-15708, dated April 12,
Potential tax increases totaling tax anticipation warrants may go
1935.
$87,000,000 would appear, it was up to 6%." •
Building Fund,. 1934, Nos. B-7026
Greenfield, III.
said, because funds in Chicago
to B-7029, dated Oct. 7, 1935.
Bonds Authorized — The City
having no pegged levies could
Building Fund, 1935, Nos. Bcontinue to levy their maximum Council is said to have passed an
1748 to
B-1750, dated Dec. 24,
rates
on
the increased assessed ordinance calling for the issuance
The resolution was
commit¬
each of the
to
objectives and plans on a cooper¬
ative basis by business and gov¬
Price
Trust
&
Bank
development.
area
facilitate
to
tees
Rate
Bidder
Security
sound projects
Louisville
1946 to
•
Fori 1/2%
/:
■
Due
Among the other bid¬
1955, incl.
estab¬
week.
1.41%.
about
of
working cash fund and
the issuance of $400,-
new
needed for the
An
appropriate public official will be
on
1V2S, at a price of 100.56, a basis
council to¬
advanced to second reading
day
very
Monday, December 13, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
2406
$560,795.83 not
Deficiency bonds.
in
the
committee
t
was
will
work
transportation field, with
for each of the
sub-committees
announced
at
Augusta
on
by State Tax Assessor
David H.
Stevens, chairman of
the State Board of
Emergency
Nov.
30,
specific types of transportation-
Municipal Finance.
aviation, river trans¬
portation, local mass transporta¬
tion by bus and streetcar.
An¬
other
committee will determine
Eastport, the towns of Van Buren,
Stockholm, and Fort Kent, and
railroads,
Mr.
Stevens
said
the
City
of
Wallagrass Plantation would be
returned by next April, adding
upon the best public works; its
business probably will average about $35,- Due
that the town of Connor and Reed
purpose
is to select from the
for Chicago will result if Assessor 000 annually.
$14,000 on Jan. and July 1 in 1946
and St. Francis Plantations were
many ideas submitted to it, and
John S. Clark's proposal to elim¬
to 1965.
in thq process of having a settle¬
East St. Louis, III.
from its own origination, the pro¬
inate the 37% equalization ratio
ment worked out with creditors
Bond Authorization Advanced—
jects needed most in the area, and
Vincennes, Ind.
and to put 1943 assessments of
and would be turned back next
arrange through appropriate local
Bond Sale Details—In connec¬
real
and
personal property in We quote in part as follows from
March "if the settlements are suc¬
the East St. Louis. "Journal" of tion with the sale of the $38,- governmental agencies for them
Cook County on the basis of 100%
cessful."
317.36 semi-ann. judgment fund¬ to be placed in blueprint form,
of
the
assessor's
valuation
is Dec. 1 as follows:
"Two
with specifications, ready for con¬
towns, Frenchville and
ing bonds—v. 158, p. 2302—to the
To reduce interest costs approx¬
adopted, it was predicted on Dec.
St: Agatha," he said, "are being
Indianapolis Bond & Share Corp., tract on short, notice.
2 by the board of directors of the imately $5,000 a year and elimin¬
considered for a settlement plan,
By this method the association
Chicago Association of Commerce. ate the necessity for issuing ap¬ of Indianapolis, Joseph J. Leon¬
and
it
is
hoped they will bq
City
Clerk-Treasurer,
re¬ believes employment will be fur¬
The board made public a resolu¬ proximately $400,000 worth of tax ard,
turned back in Mar., 1944.
ports that the bonds were sold as nished during the conversion gap
warrants
annually,
tion
which
"vigorously
disap¬ anticipation
Business
Loss
Seen
Result
Valuation Plan—Loss of
of
$1,000, one for $795.83.
$1,795.83 on July 1, 1945, and
Denom.
Volume
,
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4237
158
"One plantation, Kingman, and
town, Eagle Lake, are consid¬
ered to be practically hopeless
from a financial standpoint,"
He further stated that Silver
.
one
,
Ridge Plantation had been reor¬
ganized
and settlement of its
debts now was under his depart¬
ment's supervision.
'The
of
Board
State
,
J
Emergency
Finance was created
by the State Legislature and em¬
powered to supervise the affairs
of municipalities which requested
assistance in solving their finan¬
cial problems.
Municipal
"In all cases where settlements
Mr: Stevens
reported
to
Governor
Sumner
Sewall, "I believe that the muni¬
cipalities will be left, in a condi¬
tion, in so far as indebtedness and
have been effected,"
cash
hand
on
that they
concerned,
are
so
will be able to finance
of mini¬
mum municipal services is carried
on
and provided business condi¬
themselves if
a
program
tions remain somewhat near nor¬
mal,,'''
*
,
like
would
"I
■••<•;;;
call your at¬
to
that settle¬
ments have been worked out in
tention
to
the
,
fact
municipalities
three of the largest
(Eastport, Van Buren and Fort
Kent) which are under the juris¬
diction of the board, and these
represent
settlements
substan¬
a
of the accumulated debt
the 14 municipalities,
which was $875,000."
If the Board's
activities con¬
tinue to be successful in effecting
settlement of creditors' claims in
the New
1945
—were
conducted the
ter
kins &
England Council, .which
sessions, said at the
end of the two-day program. Five
of the six New England Governors
attended the meetings, Gov. Saltonstall being absent in the West.
Matthew Woll,
Vice-President
of the American Federation of La¬
bor, who preceded Rep. Sumners
the platform, outlined labor's
on
cline.;v."\;,
"As
a purely temporary,
mark of almost 100%
war-time
what
call broadly a
can
we
will
England
New
employment,
face
sized scale," he said. "As a region
in which a general industrial de¬
abruptly halted by the
cline was
of war-time indus¬
try, there will be in addition the
struggle to hold markets accumu¬
lated through war-time industrial
urgencies, and the struggle to
development
equally vital cen¬
production of con¬
the
for
ters
goods.
sumer
A
,
of the post-war
activities which should get under
"I
.
think
of
one
immediately is the creation
way
commission
a
the
restore
to
textile industries, to
for increasing
capitalization of the industry, and
to work out a unified, complete
plan which will involve the co¬
operation of management and la¬
bor and your State Government."
plans
Note Sale—The $350,000
1944,
an
substantial balance in the
emergency
aid account for the
fiscal year ending July 1, 1944,
the
and
now
Taunton, Mass.
Board's
very
of
amount
funds
ex-^
7
tempo¬
loan offered for sale on Dec.
rary
the Merchants
awarded to
was
National Bank of Boston at 0.38%
The next highest bidder
discount.
Boston
gible." •
'
;; ."
•f i Municipalities
under State supervision and their approximate
indebtedness
at
the time, they
were taken over were listed as;
bids were
1943.
National
First
the
was
pended n during the fiscal year
ending July 1, 1945, will be negli¬
0.428%.
at
Due
Bank
Dated
Nov. 9, 1944.
on
8,
Other
Rate
Bidder—
Sachs
Leavitt
First
0.45
Co
&
Boston Corp.
(plus $7)
^0.47 ""
$13,000; Stockholm, $18,000; Eagle
Boston at 0.30%.
Winchendon, Mass.
Note Sale—The
$40,000 revenue
6—
p. 2303—were awarded to
National
Shawmut Bank of
158,
v.
The next highest
$135,000; bidder was the Merchants National
Wallagrass
Plantation;
$17,000;J Bank, Boston, at 0.365%. Dated
Frenchville, $25,000? St. Agatha, Dec. 6, 1943,. and due on May 1,
Lake, $30,000; Fort Kent,
,
Other bidders
1944.
members,
their
Second
'A Rate
National
er;
O. Page, State Health
Commissioner, and
about
1943.
der
l%s,
basis
as
a
0.367%
._
.2
The next highest bid¬
was
the First National Bank,
Minneapolis, bidding for 2s, a
price of 101.52.
MONTANA
First
National Bank,
First
Boston
Golden
Valley County (P. O.
Ryegate), Mont.
Bond Sale—The issue of $76,000
refunding bonds offered Dec. 7—
v.
158,
E.
M.
p. 2096—was awarded to
Adams & Co. of Portland,
HAs, at a price of 100.078., Dat¬
1, 1944,' Second high bid
ed Jan.
of
Boston.....
Corp.__________
r
1%
RATE
and
Shields
i__
&
100.30
Curtis,
&
Co., Jointiy______
First National Bank, Boston—....
FOR
Arthur
100.14
Co., and
Co., Jointly
l»/8%
.......
Bank, Boston....
100.30
Ripley & Co., Inc., and
Townsend,
Dabney
&
Tyson,
Jointly
Bond & Goodwin, and R. D. White
Co., Jointly
100.15
l»/4%
&
158,
Bank,
100.52
Chicago
$150,000 of the 1939 elec¬
revenue
issue
of this city.
are
tric
be
to
firm
*
England Cohference Warned
To Keep States' Rights
The
England War
closed with a warning
second New
Conference
W. Sumners
(D., Texas), that the States must
get back powers they have yielded
from
Rep.
be
Federal bureaus to
democratic government,
to
to the,Boston
.'
it was a
preserve
according
"Herald" of Nov. 20.
highly successful con¬
ference,
one
that
contributed
much toward solution of problems
on
the home front,
mon,
Dudley Har¬
executive Vice-President
of
It
Sold
is stated
to
April 1,
recent statement made by
of the Board of
a
committee.
finance
in
he said,
means that the county will "retain
its 1943 honor of having the low¬
The
decrease
debt,
Sinking, Fund—
by Carl J. Faist, Di¬
Finance, that the $150,000 3% §emi-ann. special assess¬
ment, street improvement bonds
offered
1
xk %
will
of
1%
The maturity date of
thereafter.
new
bonds
four
year
and
be
will
be
from
to
years,
one
but that feature will
determined by the total re¬
of
April 1.
The bonds
will be dated April 1,
as
probably
1944."
Columbus
School
District
(P. O.
Columbus), Neb.
to
Voted
have
—
The
ing, which amendment will limit
borrowing power of Bergen
County in any one calendar year
the issuance of
are
recently
$300,000 construc¬
r
three
.
v•'•%,
?
of the average
on
Nov.
158,
15
without
from
able
unlimited
Rate
of
ad
interest
pay¬
valorem
be
to
in
multiples of % or one-tenth of
1% and must be the same for all
Interest rate is not
exceed
arate issues of bonds and all pro¬
posals
must
issues
as a
tween
all
for
be
of
said
As be¬
combined issue.
proposals at the same low¬
rate, the bonds will
interest
est
sold
be
bidder
the
to
.
bidders
or
A.
Frank
Leers,
as
present statute Bergen Freehold¬
can borrow up to $15,000,000,
the proposed
amendment
would limit the borrowing to no
ers
while
than $2,000,000.
more
Reasons
the
cluded
the pro¬
forth for
set
limitation
borrowing
posed
that
fact
"under
in¬
the
existing
statutes
some
future
board might in one year exercise
this
unused
borrowing
power,
being
such
action
subject
to
in
any
review
by
the
gen Freeholder Board "over a pe¬
riod of years has succeeded in re¬
ducing the bonded debt from a
high of over $13,000,000 in 1932 to
"there
now
Nebraska (State of)
j
Offering of Municipal Bonds—
It is reported by
ling,
Secretary
Educational
Henry H. Bartthe Board of
of
Lands
and
Funds,
that the Board will offer for sale
Jan. 10, at 9:30 a.m.
open,
ding,
free
(CWT), at
public and competitive bid¬
a
total
bonds
of $1,120,945.15
of
the
State's
tax
local
exists
NEW
desired
are
by the Borough.
In addition to
price bid the purchaser must
accrued interest at the rate
borne by the bonds to the date of
payment of the purchase price.
The approving opinion of Cald¬
well, Marshall, Trimble & Mitch¬
ell of New York, will be furnished
to the purchaser without charge.
The bonds will be delivered, on
the
pay
Dec.
they
27, or as soon thereafter as
be prepared. Enclose a
of the par
may
certified check for 2%
payable to the
value of the bonds,
Borough Treasurer.
New Brunswick, N.
1944
Show
Eatables
Decrease—A net
shown
was
J.
$350,000
decrease of
$350,000 in ratables for 1944
about
when
tax
assessors
opened the tax lists for inspection.
The reduction is
considerably
to re¬
Assessor
less than was expected due
Tax
by
Daly of large reductions
The
previous¬
in the
about
granted
assessors
$600,000 reductions in assessments.
New construction makes up the
difference between this figure
the
N. J.
and
$350,000 estimated as the city's
actual loss.
Taxes
No
Unpaid
on
Levies
Prior to 1941—John O. Van Duyne,
Collector, recently in¬
formed the Borough Council that
no realty taxes remain unpaid on
Borough
levies prior to
1941 and only $3,taxes
is delinquent for the years 1941
542
realty and personal
in
Daly had announced assessment
reductions, but on examination of
said he had
at this
time.
He said an investigation
disclosed substantial increase in
sales in the last year
decided to forego the cuts
real estate values.
and 1942.
Submitting Van Duyne's report,
Revene,
finance
chairman, noted that 92.29% of
the 1943 levy has been paid as of
Nov. 20.
This represent $614,003
of a total levy of $665,333, he said.
At the same date last year $584,-
New Jersey
Local
Councilman
90.88%
or
HAMPSHIRE
of
the
1942
levy
Matawan, N.J.
suc¬
,
Bids
offered.
forms which will be furnished
ly granted property owners
First and Second Wards.
totaling $643,265 had been paid.
p.
$1,000 the par value of the
bonds
unused bor¬
an
of
power
Glen Ridge,
591
subdivisions.
than
consideration
was
approximately
$15,000,000, which unused legal
borrowing
power
will increase
under the debt reducing policies
of the present board."
rowing
to
therefor the highest addi¬
price,
which
additional
price shall not exceed by more
the end of
held that
at
$6,000,000
Also, it
sold
be
offering to
tional
Net
The resolution stated that Ber¬
1943."
bidders
or
pay
way
voters."
about
the bidder
- ■
former chairman of the
finance committee, proposed the
resolution, said that under the
who,
will
bonds
said
then
on
preceding years;"
Freeholder
of the
valuations
assessed
without
voters
approved
statutes
the
the
which is
the
to
one-half of 1%
interest
bear
for the first
amendment
of
Exeter, N. H.
,
2095—have been
purchased at par by the
City
Bond Sale—The $256,000 semi¬
Sinking Fund.
Dated July 15, annual tax judgment bonds offered
1943.
Due $15,000 from July
15, for sale on Dec. 7—v. 158, p. 2304
cess—v.
be general
obligations of the Borough,
capita
per
to
Whatever amount
1944.
refunded
is
Marquette—
rector of
$1,500 in 1944 to 1950, $1,000
1955, and $500 in 1956.
in 1951 to
to
Chairman
Freeholder's
and $150,-
off in the optional date,
on
Bonds
lows:
sep¬
ing to
the
by
000; the exact amount depending
upon the number of bonds paid
Saginaw, Mich.
Hatton
bonds
combined issue
a
6%, payable J-D. No
proposals will be considered for
Bergen County (P. O. Hackenbonds at a rate higher than the
sack), N. J.
lowest rate at which a legally ac¬
Bonded Debt Hits New Lowceptable
proposal
is
received.
Retirement of $727,000 in matur¬
Principal and interest payable at
ing bonds during December will the Farmers and Merchants Na¬
cut the county's bonded debt to a
tional Bank, Matawan.
No bids
record low of $5,828,000, accord¬
will be considered for said
some¬
refunded
will
where between $75,000
.
2201—were purchased
as, 3V2s,
at a price of 90.50, a
basis of about 4.54%.
Due $1,500
from Dec. 1, 1946 to 1965, incl.
v.
New
of
The
1943.
as
of the bonds.
NEW JERSEY
by Kirkpatrick-Pettis Co. of Oma¬
tion bonds.
p.
Steere
1,
sold
RATE
Savings
having to do with county borrow¬
.
H.
Dec.
be
taxes.
FOR
Trust
Harris
an
bonds to be refunded
revenue
t
Walter
Dated
All of said bonds will
100.27
*
Massachusetts (State of )
12,500 water construction bonds.
/
Denom. $1,000.
Due on Dec.
1, as follows: $1,000 in 1944
to 1955, and $500 in 1956.
100.41
RATE
Harriman
&
1944
though they constituted one
single issue, and the combined
maturities of said issues maturing
on Dec. 1 of each year are as fol¬
Co.—..J....100.32
National
1,
as
.........
John Nuveen &
Second
from Dec.
$500
1950.
will
Perry & Co., F. S. Moseley
Kidder, Peabody &
&
Due
to
100.00
"We wish to advise that the elec¬
was
Sale—The
Bond
FOR
tric
Bonds
(P. O. Homer), Mich.
DAs
Grand Island, Neb.
$60,000 semiBond Offering—Floyd S. White,
Dr. Wilfred Parent, director of ann.: building bonds offered for
sale on Dec. 6—v, 158, p. 2303— City
Clerk, will receive sealed
emergency aid.
'
. •A;;, -;
were y awarded
to the Calhoun bids until 5 p.m. on Dec. 15 for
State Bank of Homer, as
DAs, the purchase of $125,000 refunding
J
MASSACHUSETTS
Dated Jan. 15, 1944.
paying a price of 100.59, a basis bonds.
Boston, Mass.
of about 1.08%.
Dated Dec. 1,
Lincoln, Neb.
Note Sale—The $4,000,000 tem¬
1943.
Due $12,000 from June 1,
Bond Call—It is reported that
porary loan offered for sale ? on 1945 to 1949.
The next highest
Theodore H. Berg, City Clerk, is
T)ec. 8 was awarded to the First
bidder was the First of Michigan
Boston Corp.? and the Chemical
calling for payment on Jan. 1,
Corp., for $48,000 HAs, arid $12,Bank & Trust Co. of New York,
000 Is, naming a price of 100.16. 1944, Village of Bethany Heights,
Neb., 43A% refunding bonds, num¬
jointly at 0.51%, plus a premium
of
$39.00.
Interest to follow. Iron River Township (P. O. Iron bers 42 to' 46, and 121 to 130.
Dated Jan? 1, 1926, due on Jan. 1,
Other bidders:
Salomon Bros. &
River), Mich.
1946.
Interest
ceases
on
date
Hutzler, R. W. Pressprich & Co.,
Price Paid—It is stated by Wal¬
called.
These bonds have been
and Chase National Bank, jointly, ter
Peterson,
Township
Clerk,
assumed by the City of Lincoln.
,53% plus $65; and Halsey, Stu¬ that the
$30,000 water -extension
art & Co., .54% plus $57.
revenue
of
1943
bonds
sold
to
Welfare
and
follows:
as
$3,500 water bonds. Denom. $500.
Dec.
on
1944 to 1953 inclusive.. Other
were
chase of $16,000 coupon or regis¬
tered bonds, divided as follows:
of any of the 10
offering to* pay for the combined
J. M. Dain & Co., Minneapolis.
largest counties
in the State." issue not less than the
principal
Along with its debt reduction pol¬ amount
of $16,000
NEBRASKA
and accrued
icy, the Board of Freeholders is
interest, and not more than $17,also determined to prevent any
Alliance, Neb.
000 and accrued interest, and to
Bond Sale Details—In connec¬ drastic reduction in the county's
accept therefor the least amount
tion with the report on Dec. 6— present margin of additional bor¬
of bonds, the bonds to be accepted
v.
158, p. 2304—that the Kirk- rowing capacity. To this end, the to be those
first maturing, and if
patrick-Pettis Co. of Omaha had Board has adopted a resolution
two or more bidders offer to take
purchased the $150,000 revenue to "urge upon the Senator and As¬
the same least amount of bonds
refunding bonds, R. W. Laing, semblymen from Bergen County
at the same lowest rate of interest
City Clerk, reports as follows: to introduce and press for passage
said
Consolidated School Dist.
Due
est
0.443
_
Haw¬
made by
0.44
MICHIGAN
Homer
for
100.065
0.41
_
in
1, 1943.
Goldman, Sachs & Co.
Paine, Webber, Jackson
1.57%.
Dated Nov. 15,
011 Nov. 15 in 1945 to
of
as
Robert
to
Due
1958, incl.
counsel,
State Finance Commission¬
Harry
Boston...
Bank,
R. L. Day & Co.
Burkett, Portland, form¬
attorney general; J. A. Moss-
er
of
funds
were:
Bidder—
Franz U.
man,
Bank of Virginia,
paying a price of 101.32,
amount
the
assisted '.by
tional
Omaha
tion, $42,000;'-Silver Ridge Planta¬
tion,
$8,000;
Reed
Plantation,
dy,
6—v.
Dec.
on
this
notes offered for sale on Dec.
besides Mr.
Stevens, included State Auditor
William
D.
Hayes
and
State
Treasurer Joseph H. McGillicud-
bonds offered for
158, p. 2096—
awarded to the First Na¬
funding
ann.
sale
The
$208,000; Van Buren,
$185,000;
Connor,
$56,000;
St.
Francis
Plantation^ $3,8.0 00;
Blaine, $71,000; Kingman Planta¬
Board
O. Buhl), Minn.
Bond Sale—The $156,000 semi-
0.45
Co
&
Eastport,
r
County Independent Sch.
0.44%
'
"A
which
•
Dist. No. 35 (P.
ha,
follows: "
as
Bristol County Trust Co.___
Goldman
of
Dec.
.
$35,000.
orders,
of industry into
of
jurisdiction after Mar.,
should be reduced to such
extent that there will be a
St. Louis
alter or convert war-time centers
make
Mr. Stevens said, "the
towns
under
the
not to» exceed 3% semi-ann. street
were
problem on a full
demobilization
1
Joseph Justad,
Village bids
Clerk, that the sale of the $7,500
by
improvement
awarded
Co., and Tyler & Co., both
of Boston, as Is, paying a price
of 100.39, a basis of about 0.92%.
Dated Dec.
Bond Sale Deferred—It is stat¬
ed
with
gion,
New England
number
MINNESOTA
St. Louis Park, Minn.
highly industrialized re¬
a
owed
the towns,
to 1954; optional on and af¬
July 15, 1945.
had
post-war program. He particularly been scheduled for Dec. 6—v. 158,
urged the New England textile p. 2201—has been withdrawn. The
industry to take aggressive action issue will be offered again, soon
to save itself from post-war de-. after Jan.
1, in a larger amount.
tial part
by
2407
Bond
off,
Offering—Koert C. Wyck-
Borough
ceive
sealed
(EWT),
on
Treasurer, will re¬
bids
until
8
p.m.
Dec. 17, for the pur¬
Units
(State of)
Debts
Reduce
Wartime retrenchment in
ipal
expenditures is
—
munic¬
noted in a
30-page survey just issued
by
New; Jersey
Taxpayers Associa¬
tion.
It shows the gross debt of
566
municipalities was reduced by
$36,554,133 and the net debt by
$25,150,750 in 1942. Municipal ex¬
penditures for the same year de¬
clined $7,935,059.
The gross debt dropped from
$716,640,192 in 1941 to $680,086,059
in
1Q4.9.
The
not
debt
reduction
.
from $434,624,396 to $409,473,The reduction of the net
was
646.
1941 per capita
debt lowered the
bf
debt
net
$6.05
by
$104.47
to
The survey places
total munic¬
for 1942 at
ipal expenditures
$351,482,787. Total budget appro¬
priations for 1943 were $343,547,728.
Total municipal budgeted
operating costs for this year were
$108,711,692 or $344,754 less than
for 1942.
This, as noted previ¬
ously by the association, marks a
halt in the upward trend of local¬
ly controlled day to day spending
for the first time in the recent
the state.
fiscal history of
:
>
'
Municipal officials who have
accomplished
retrenchment
in
operations were
commended by Walter T. Margetts
of-Passaic, president of the asso¬
ciation. He urged governing bod¬
governmental
line against up¬
"hold the
to
trends."
ward spending
; : ■
Margetts added:
/'Any let-down in rigid economy
practices necessarily would im¬
pose an additional hardship upon
our already over - burdened tax¬
,
formulating
their
forthcoming annual budgets pub¬
lic officials are in duty bound to
exclude rigorously any expendi¬
ture of public funds not in keep¬
ing with the absolute needs of lo¬
cal government in a wartime peIn
payers.
riod."
.
•
■
Results of the survey are
ed in
print¬
booklet, "Latest Financial
of New Jersey Munici¬
a
Statistics
palities."
Included are tax rates
of each municipality for the last
four years set forth for easy com¬
parison.
Also listed are figures
oh population, net valuations tax¬
able, operating costs, gross and
net debt, per capita net debt and
total budget appropriations and
expenditures.
Municipalities
■
grouped
are
.
by
counties and listed alphabetically.
Another feature is a county-by-
county survey of New Jersey's tax
exemptions, with a comparative
table showing total taxable valu¬
ations and property exemptions
in each of the 21 counties.
Municipal
1943
Nov.
Taxes
20
Reduced
Newark
The
—
in
"News"
reported in part
as
of
fol¬
lows r
A majority of New Jersey's 566
municipalities reduced their allpurpose property tax rates in 1943
for the fourth succesive year. This
was
revealed today by the
Chamber of Commerce in
its
by
cost
of
a
government
local gov¬
lost through
reimburse
taxes
for
removal of property
from ratables
Due Jan.
"many
re-elected president of the League
advocated the restoration of home
municipal program,
rule in every
a
a
study of the State tax structure,
distribution of revenue to bal¬
Watson
said
the
state chamber to co-oper¬
bv the
ate in
statewide movement the
a
organization proposed to enforce
a
of
continuance
trend
in
1944.
the
Watson
downward
said
the
campaign would succeed if it were
given "proper team work between
local governing bodies and citi¬
zens."
'
V
■■
New
receive
sealed
(EWT)
—
.
.
"...
Arthur J.
Supervisor, .will
Town
Kreutzer,
bids
until
11
on
chase
a.m.
Dec. 16 for the pur¬
$33,000 not to exceed
of
The
NEW YORK
Y.
N.
Offering
government levels,
retention of cash
sur¬
different
interest
4%
coupon
or
able
real
property within
the
Town will be subject, to the levy
report was sub¬
mitted Dec.
8 by Acting Chief of ad valorem taxes to pay said
Engineer Coles to Public Works bonds and interest thereon, with¬
out
limitation
as
to
rate
or
Director Byrne.
■ '• ;''v'
amount.
In the, event that prior
Byrne declined to say to what
to the delivery of the bonds the
use the surplus would be put.
It
is expected the total for the year income received by private hold¬
ers from
bonds of the same type
may reach $600,000.
Water sales
for January through October of and character shall be taxable by
this year were $2,65*6,543.35, com¬ the terms of any Federal income
tax
law, the successful bidder
pared with $2,531,063.88 for the
may, at his election, be relieved of
same period
in 1942.
his obligation under the contract
to purchase the bonds and in such
NEW YORX
was
$291,613.43 for the same pe¬
riod in 1942.
The
case
Sale—The
tax
an¬
ness
v.
offered for sale
158,
the
p.
on
Dec.
3—
2202—were awarded to
Chase
National
$600,OOP Series of 1939-1940.
650,000 Series of 1940-1941.
the deposit
bid
Buffalo, N. Y.
Certificate
will
be
accompanying the
returned.
The
ap¬
proving opinion of Vandewater,
Sykes & Galloway of New York,
will be furnished to the
without cost.
check
for
Town.,
purchaser
certified
a
payable
the
to
':
v
New
City
Enclose
$660,
York, N. Y.
Planning
Board
/
Submits
$50,006,483 Budget — The City
Planning Commission adopted on
Oct.
29
and sent to the
.
6,000
1, 1958.
Huntington (P. O. Huntington),
Bond
a
Legislature:
from
districts
changed for the first time since
; 1917
to
accord " with population
-water-supply system, the cost of
which it estimated1 at $76,893,000. shifts.'
•'
; '
• 'V
second stage in
the development of the Delaware
City Tunnel Authority
(P. O. New York), N. Y.
Additional Bonds Purchased by
RFC—It
that
stated
is
an
addi¬
tional
$500,000 of the $57,000,000
31/2 % semi-annual Battery-Brook¬
lyn Tunnel Construction bonds
were taken up by the Reconstruc¬
tion Finance Corporation on Oct.
Board of
nothing
saying
that
of
been
have
the amounts
expendedfor
right-of-way from annual appro¬
priations.
The
counties,
have made
have
the
a
for
many
assume
.
follows:-
New
the
cost
Present
York
refused
have
to
9
3
Queens-
6
8
i
5
2
by Local
Officials—Although de¬
siring restoration of strong home
rule, with less dominance by both
Federal and State governments,
there
is
no
general
inclination
New Jersey municipal of¬
ficials to accept the idea advanced
in some quarters that large-scale
Federal financing should be dis¬
among,
pensed. with in
post-war recon¬
struction.
''
This
was
indicated at the two-
day annual conference of the New
Jersey State League of Municipal¬
ities and affiliated groups which
concluded
Nov.
19
at
the
Hotel
New Yorker.
Resolutions
were
adopted call¬
ing for return of all functions of a
local character assumed by the
Federal
and State governments
,
depression and war
and urging the enact¬
ment of Federal legislation which
during
the
emergency,
would
permit the Federal
Gov¬
.
'
J/a
Total
1-
22 Vz
25
AssemblyNew
York'
23
16
23
Kings
24
Bronx-
8
13
Queens
6
12
Richmond
2
2
.62
67
••
Total
______
Richmond, which now shares a
seat with Rockland, will
Senate
have
member henceforth..
one
,
Westchester gets three Senators
and
six
Assemblymen,
one
in
each
which
with
gain of
Nassau,
a
chamber.
shares
now
Senate
a
seat
Suffolk, will have two Sena¬
tors of its
own/ and
its
member¬
ship in the; Assembly will be in¬
creased from two to four.
Suffolk
will have one Sena tor.":
The decision reversed
ion given on June 3
:,:.
/
■
opin¬
by Justice
Pierce H. Russell, of the Supreme
Court,, in- Albany, / declaring the
law unconstitutional. It
an
was a sur¬
prise to political leaders generally
and
a
victory
for
Governor
,
,
...
Thomas E. Dewey, who forced the
law to enactment over some
up¬
state Republican opposition. V : i
Last year the
tricted
the
Legislature redisCongressional bound¬
aries for. the first time since
1917,
to be effective in next year's elec¬
tion;
In the 1944 general elec¬
tion the 45 New York members of
the House of Representatives and
the
members of the Legislature
will be elected from new districts;
;r
Niagara Falls, N. Y.
Certificate/; Sale—The
certificates
of
$200,000
indebtedness
on
Dec.
of¬
6—v.
158,
awarded
to
the
First Boston Corp. at 0.46%, plus
further rights-of- a premium of
$6.
Dated Dec. 7,
State highways. Many 1943.
Due on Dec. 1, 1944.
The
purchase
way
for
any
counties undoubtedly will
next highest bidder was R. W.
along with this decision by the
Pressprich & Co.; at 0.48%, plus a
time we resume a normal high¬
premium of $5/Among the other
way system. To wait until this oc¬
bidders' were: •
•
.; /
\
curs would cause at least a year's
other
go
Bidder—.
at a time
delay in
the program
when
will be sorely in need of
huge
we
public
jobs
provide
works
for
program
men
returning
from the war. Plans will be
less without the necessary
of-way
ways
use¬
dous
sums
0,55$
0.57
ers
Trust Co., Buffalo....
Power
$3.00
5 00
Trad-
City
Trusts
Niagara Falls
0.55 /■
6 50
Co.,
\
'
0.63
10.00
^
T Oneida, N. Y.
,
plans.
Motorists
Rate Premium
,
F. S. Mo.seley & Co
Manufacturers and
rights-
which to build high¬
contemplated in these
on
as
to
-
Salomon.Bros, &.Hutzler^,
Bond
The
Refunding
Rome
carried the,
paying tremen¬
of money in the way
are
Petitioned
"Sentinel"
following
of
Dec.
—
2
report
news
from the above named city: '
;
/
To save the cost of making two
bond refunds within 12 months,
gasoline and motor vehicle
taxes that aggregate a total suf¬
officials will petition the State
690,000 Series of 1941-1942.
ficient to provide the State with
amount, $18,965,616 is for plans
Department of Audit and Control
710,000 Series of 1942-1943.
and work on new projects and the funds to assume the burden of the for
permission to* combine the
Dated Dec. 15, 1943.
Due on
remander for plans and work on cost of rights-of-way for the State sale
of $65,000
Florence Creek
June 15, 1944.
The second best
highway system, providing the water bonds due Jan.
pending projects. :
1, 1944 and
bid was a joint offer by the First
Because the war-time shortage funds are not diverted td other
$445,000 due Jan. 1, 1945, during
Boston Corp., and the First Na¬
uses for which they never were
of
materials
prevents
the
city
the next 30 days.
.'
'■■/
tional Bank of Boston,/of 0.53%,
from doing much building at this intended.
The city will pay $30,000 prin¬
plus a premium of $30.00.
The Legislature has seen
time, a large part of the funds in
the cipal on each issue. For the past
the new capital budget, as in the wisdom of such proposed legisla¬ several
Huntington (P. O, Huntington),
years, portions of the or¬
current one, are for planning and tion and has passed bills repeat¬
V N. Y.
iginal issue of $1,500,000 have had
acquiring property for post-war edly providing for same .but they to be refunded owing to income *
Bonds
Approved — It
is
an¬
About $25,000,000 / al¬ have fallen by the wayside at the of the department not being suffi¬
nounced by Frank C. Moore, State projects.
Comptroller, that he signed an ready has been provided for plan¬ hands of the Governors. The As¬ cient to meet the original pay¬
order approving the issuance of ning a reservoir of post-war proj¬ sociation believes that an agree¬ ment schedule. Each refund issue
the following refunding bonds ag¬ ects, the total estimated construc¬ ment should be reached during has resulted in a saving of inter¬
tion
costs of which amount to the coming legislative session be¬
gregating $33,000:
est.'. !'
'
tween the legislative and execu¬
$70,000,000.
South Huntington Water
Mayor" Robert: J. Burns
and
One of the items included in tive branches of the State govern¬ City
Dist. —$17,000
Comptroller
Albert
Behr
the new budget at the request bf ment in the matter of legislation have already had five conferences
Due Jan. 1, as follows:
Mayor F. H. LaGuardia is $300,- to provide for the acquisition of in Albany - with! members of the
$10,000 in 1961, and $7,000 for plans and studies for an rights-of-way for State highways state department of audit and con¬
000 in 1962.
v
South Huntington Water
airplane yard in Queens. The pur¬ by the. State, the cost thereof to trol, and this week will make
be a part of the cost of construc¬ their formal
Dist. Enlargement No. 1
petition.
\
•
5,000 pose of this yard, which would be
of such
a
Due Jan. 1, as follows:
counterpart of a railroad yard tion or reconstruction
Saratoga Springs, N. Y.
proposed State Highway.
or dryaock, would be to
provide
$4,000 in 1962, and $1,Bond Offering — Mary A. MulRedisricting Upheld; N. Y, City
space and facilities for storing and
000 in 1963.
Commissioner'
of
Fi¬
overhauling the commercial air¬ Gains Seats — The Court of Ap¬ queen,
South Huntington Water
nance, ,wiil
receive sealed bids
Dist. Enlargement No. 2
1,000 liners operating from LaGuardia peals upheld unanimously on Nov.
noon
(EWT) .on Dec. 14
Field and the new municipal air¬ 18, the constitutionality of the new until
Due Jan. 1, 1959.
" •
for
the
purchase
of
$17,000
port under construction at Idle- law reapportioning the, member¬
South Huntington Water
ship of the State Legislature, thus hot to exceed 5% interest coupon
Dist. Enlargement No. 5
1,000 wild, Queens.
or registered public works bonds;
Additional funds are provided assuring a election next year of
Due Jan. 1/1960. '''.
Estimate
1944 capital
budget of $50,006,483.15.
Of this
a
proposed
of
.
Post-War Federal Aid Discussed
■
4
'
Richmond
rights-of-way for the State fered for sale
highway system and many of the p. . 2306—were
now
New
9
Kings,
Bronx
of
counties
;
-/
•,
Senate—
years
determined effort to
State
act increases the member¬
ship of the Senate from 51 to 56
and keeps the Assembly at 150.
;
Most of the changes will re¬
flect the population movements
in the metropolitan area.
The eL«
feet on New York City counties
.
York
regis¬
tered
refunding
water
bonds.
and the
28. This makes a total of $12,000,Dated Nov. 1, 1943.
Denomina¬
pluses as cushions for later public
000 taken up by the Corporation
tion $1,000.
Due Nov. 1, as fol¬
expenditures.
;
to date.
:/•';/'/
lows:
$1,000 in 1956, $6,000 in
Taking an opposite view as to
1958, $2,000 in 1959, $1,000 in 1960,
New York (State of)
the need for
Federal financing
$11,000 in 1961 and
1962, and
Post-War Bridge and Highway
was Benjamin M. Taub, president
$1,000 in 1963.
Issued to refund Program Discussed—The State of
of the New Jersey Federation of
portions of installments of six is¬ New-York is
Official
engaged in the prep¬
Planning
Boards,
who
sues of bonds of the South Hunt¬
aration of a huge post-war plan
came
out forcefully for Federal
ington Water District and Green- for
aid.
He said he was prepared to
public works.' A large part
lawn Water District and exten¬
of
tnis
name a committee of planners to
post-war plan is made
sions, maturing in 1944, pursuant
meet jointly with committees of
up
of plans for highways and
to Chapter 278 of the Laws of
engineers, finance officers
and 1939 and Section 8 of the General bridges on the State highway sys¬
tem.
The reason for the prep¬
building inspectors to seek alloca¬
Municipal Law, and the approval aration of these
tion of Federal funds so work on
plants at this time
of the State Comptroller.
Rate of
reconstruction
is to have them in readiness im¬
projects may be
interest to be in multiples of V\
started immediately after the war.
mediately following the war when
or one-tenth of
1% and must be
The need for Federal aid also
our armed forces are returning to
the same for all of the bonds.
No
was asserted by Owen A. Malady,
civilian life and will be in need of
bids for less than par and accrued
Newark welfare director, who de¬
f jobs. The New York State County
interest. Principal and interest of
picted the need for; large-scale
Highway Superintendents Associ¬
$27,000
of
said
bonds
(South
new
ation
asserts
that
the
housing, new roads, parks,
highway
Huntington W^ter District and ex¬
playgrounds and improved edu¬
part of this post-war public works
tension series)
payable at the
cational facilities.
"The Federal
program will bog down unless the
Huntington Station Bank, Hunt¬
State adopts a policy and passes
Government," he said, "must as¬
ington Station with New York
sume a
the necessary legislation, prior to
large role fin the financ¬
exchange, and the remaining $6,the close of the war, to provide for
ing of this program, even though 000
(Greenlawn Water District
we
attain
full
employment
the acquisition of rights-of-way
series) payable at the Bank of
through public works and better
for State highways by the State.
Huntington & Trust Co., Hunting¬
planning by private industry."
The
burden
of the
cost
for
ton, with New York exchange.
All of said bonds will be valid and rights-of-way for State Highways
Newark, N; J.
binding general obliga¬ has been upon the county since
Water Surplus Highest Ever— legally
tions of the Town, payable pri¬ the beginning of the construction
An
operating surplus of $458,of the State highway system. The
454.05—peak in the city's history marily. from a levy on property
—has accumulated in the Newark in said respective water districts cost thereof is responsible for a
Water Department for the first or extensions thereof, but if not large part of the bonded debt of
the counties throughout the State,
10 months this year.: The figure paid from such levy, all the tax¬
ance
Bank, the
heavy burden of wartime federal Chemical Bank & Trust Co., both
taxation made continued cuts in of New
York, and the Marine
Trust Co. of Buffalo, jointly, at
local taxation imperative.
Municipal and county officials, 0.53%, plus a premium of $35.00.
chambers of commerce and civic The certificates aggregate $2,650,and taxpayers' groups were urged 000, divided as follows:
chairman.
Water Dist.--'
State
that
3,000
$1,000 Jan. 1, 1956,
rights, our municipal rights, have
been gradually absorbed by Wash¬
ington," Vincent D. Roache, a
Morristown
alderman who
was
com¬
by Russell E. Watson, commit¬
tee
Due
Monday, December 13, 1943
for planning the
Huntington Water
No. 6
Dist. Enlargement
Greenlawn
State
report¬
was
South
1959 and 1961.
for war purposes.
ticipation- certificates of indebted¬
The continued drop
ed
to
ernments
survey
mittee..
,
ernment
Charging
$98.42 in 1942.
ies
FINANCIAL CHRONICLE
THE COMMERCIAL &
2408
-.
-
.
i
•
J ■
f
.Volume .158
Dated
tion
THE COMMERCIAL & FINANCIAL CHRONICLE
'Number 4237
.
steady again at 1.247c and 1.59%
$2,000 in 1947 to 1956. The bonds
turn of the amount deposited with
respectively.
$5,000 in 1946 to 1954. Interest
payable M-S.
1, 1943.
Denomina¬
Due Nov. 1, as fol¬
Nov.
$1,000.
will be sold to the bidder offering
the lowest rate of interest and
the
The
lows:
$2,000 in 1944 to 1951, and
$1,000 in 1952.' Hate of interest to
be in multiples of lA or one-tenth
of 1% and must be the same for
Greenfield, Ohio
Bond
one
*
state fund that has
con¬
tributed several million dollars of
agreeing to
The
$22,100 semi¬ Ohio municipals to the market in
annual hospital bonds offered for each of the previous War Loan
sale on Oct. 16—v. 158 p. 1393— Drives, apparently will not sell
all of the bonds.
No bids for less
were awarded to the Ohio Co. of
any municipals during the coming
than
par
and accrued interest.
drive.
This fund, which at one
Principal and interest payable at Columbus, as Vfcs, at a price of
the Adirondack Trust Co., Sara¬ 100.733, a basis of about 1.37%. time probably owned more Ohio
Dated Jan. 1, 1943. Due $1,000 on municipal bonds than any other
toga Springs.
The bonds will be
March and Sept. 1, in 1944 to 1953, fund, and owned only Ohio mu¬
valid and legally binding general
and $1,000 on March 1, and $1,100 nicipals, now is more than 507c in¬
obligations of the City, all the tax¬
vested in U. S. Government obli¬
on Sept. 1, 1954,
able real property' within which
gations. Selling of Ohios by other
will be subject to the levy of ad
Lucas County (P. O. Toledo), Ohio funds and institutions has been
valorem taxes to pay said bonds
Refusal to
Vote Bonds Pares remarkably
small
in
previous
and interest thereon, without lim¬
Tax Rate —The public itself is drives,
and especially in recent
itation as to rate or amount. Said
whittling down the property tax months.
bonds
are
issued
pursuant
to
rate
here,
Charles' H. Austin,
Bond Vote Law Assailed—We
Chapter 782 of the Laws of 1933
and the City Charter for the pur¬ county auditor, said in explana¬ quote in part as follows from an
tion of the reduction of 40 cents Akron
dispatch to the Cleveland
pose of paying the City's share of
from $20 per $1,000 valuation to "Plain
Dealer" of Dec. 7:
certain
public works
improve¬
according to the Toledo
A move to get the Ohio Legis¬
ments undertaken with Federal $19.60,
Sale
—
2409
pay
for
and accrued
par
interest. Enclose
certified check
a
2% of bid.
Claremont, Okla.
Bonds Authorized
—
A $44,000
refunding bonds was au¬
thorized at a meeting held on
Dec. 6, by the City Council, it is
issue of
reported.
Bonds
Approved
The
—
State
Leedey, Okla.
tion
with
the
of the
sale
$27,500
.
"Blade"
aid, each improvement having a
period of probable usefulness of
at least 10 years.
Said City has a
special
charter,
Chapter
229,
Laws of 1916
event that
will
rate
The
Nov.. 30.
be
new
lature to lower the 65%
city taxpayers
paid
bond issues
really a cut of 70 cents in¬
stead of 40 cents, he said, as voters
to
school
was
Oklahoma
it is
A plan to map an
organized ap¬
peal to the state legislators were
suggested after board members
approved
a
30-cent
additional
levy for the Roche Tuberculosis
Hospital at the-recent election.
ternal Affairs. Enclose a
and
extension
im¬
certified
for
check
27o, payable
Borough Treasurer.
the
to
Erie, Pa.
Grade Crossing Bond Issue Seen
Possible
Nov.
Erie
The
—
carried
22
"Times"
the
of
following
item:
news
City Treasurer C. Francis Hagerty pointed out this morning that
electorate bond issue of $750,in 1929, authorized the
000 voted
city
for
to
meet
cost and
elimination of
the
expenses
the
New
bonds
2306—
Clerk R.
City,—v. 158
p.
stated by Town
now
Gale that the bonds
follows:
were
sold
from
discussed
$6,000
Dec.
here last week by
1,
city, state and
federal authorities.
as
maturing $1,500
1946 to 1949, as 3s,
possible reasons for the
private holders from bonds of the
and $21,500 maturing on Dec. 1,
The rate cut, announced by the
failure of a proposed
same type and character shall be
$4,5^0,000 $1,500 in 1950 to 1962, and $2,000
taxable by the terms of any Fed¬ county budget commission yester¬ school bond issue here
Noy^$;
in 1963, as 3%. Interest payable
eral income tax law, the success¬ day, is a result of the paying of
Although the proposal received
J-D.
7'' r.
the bonded debt outside the 10- a favorable vote of
ful bidder may, at his election, be
25,917 for to
mill levy and the refusal of the
relieved of his obligations under
Lcve County (P. O. Marietta),
20,359 against, the favorable per¬
voters to permit issuance of any
the contract to purchase the bonds
Okla.
centage was 56 % or 97o less than
more bonds, as well as an increase
and in such case the deposit ac¬
Plans Bond Sale—A $12,000 is¬
required.
in the tax valuation, the auditor
""I think that we should go to sue of
companying his bid will be re¬
the bonds the income received by
the issuance thereof have been ap-
jointly to Cal¬ York Central grade crossing at
vert & Canfield,
and the J. E.. Cranberry St., in commenting on a
Piersol Bond Company, both of
survey of various grade crossings1
favorable
approve
works
water
provement
launched by the
School Board here today.
It is
prior to the delivery of
needed
vote
next year.
In the
amended.
as
of
*
issued
are
proved by the Department of In¬
an
Bond State Details—In connec¬
bonds
These
subject to the favorable opinion of
Townsend, Elliott and Munson, of
Philadelphia, and will be deliv¬
ered to the purchaser only if and
after the proceedings authorizing
Hughes County (P. O. Holdenville), Okla.
Attorney-General on Nov. 22 ap¬
proved an issue of $60,000 refund¬
ing bonds, it is reported.
bid.
Deputy Finance Director Charles
Laird
is
that
said
still
legal
have yet been
The
the
bond
but that
issued.
no
last week
survey
issue
bonds
resulted
in the selection of three west side
.
added.
opinion of
The approving
turned.
payable to the City.
;;
:
law
last year
,
"If
city
added.
for
Valuation
taxing
purposes
OREGON
bond issue, then it should
required to elect public of¬
be
in
ficials."
is
Pendleton, Ore.
\
Bond
Sale
semi-annual
an¬
78
CAROLINA
NORTH
North Carolina
-
(State of)
Increase—The
Shows
Revenue
int.
of the deficit, the auditor
The schools have no such
said.
opportunity
as
at
3—v.
158
the
to
Bonds
p.
$27,672.35
for sale
on
National
_
A1_
Bank
of
-^44 to 1953 inci
—
The
extensive
be
able
Bond Offering
Dec.
If
—
operations
avoided, the city should be
to
cut its
gross
bonded debt
$3,000,060 by the end
1944, according to Councilman
Vincent E. Hartnett, director, of
finance.
and
reduction
net
u'\
*
of
.
$276,000 is
Sealed bids will
being made in the gross debt this
8 p.
received until
jon
Foreseen
refunding
to less than
A
cutting the total amount out¬
in bonds to $3,564,000.
Redemption of $261,000 worth, of
serial bonds and the last $200,000
m.
(EWT),
year,
Stanley Wojcie- standing
14, by
Jowski, Borough Secretary for
an,J*}® purchase of $115,000 2/2%.
for the issuance 4 '4>
3 A, 3 it, 6 ,a, 4, 4 A, or 4 /2 7c
liquidating indebtedness coupon refunding and Judgment
Authorized
Johnstown, Pa.
Reduction
Debt
accounts
City, Pa.
City'
Council is said to have passed
nearly all of their
Floating of the bond issue is
awaiting
announcement
of the
postwar program and the amount
of
to
be
funds
appropriated
for the project by the state and
federal
governments,
it
was
learned at city hall today.
of
PENNSYLVANIA
Dickson
probably will be turned
in
the
post-war
'
/;
subways
planning.
can
.
* f ^ Z bidder, as IV4S.
? ;
or^
in
into
Dec.
2306—were awarded
First
^
_
the First
Roseville.
South Euclid, Ohio
ate part
general fund revenue of the State
during the month of November
payable
(M-S)
Trust & Savings Bank,
The
—
of the sites
improvement, Series
bonds offered
;
;pated ooerating expenses, but it
may
refund $667,445 in
bonds
within the 10-mill limit to allevi¬
it is
65% vote is needed to ap¬
a
'
,
Commissioners,
County
reported.
$464,000,000 and in the Toledo
Roseville, Ohio
nounced by Frank C. Moore, State
public school district $484,000,000.
Bonds Approved—An ordinance
Comptroller, that he has issued an
The county's share for operat¬
was passed on Nov. 15, by the vil¬
order approving a $270,000 issue
ing expenses and debt service lage Council calling for the issuof refunding bonds, to care for within the 10-mill limit under the
ance of the $8,000 4% fire fighting
bonds maturing in the fiscal year new rate will be
1.974 mills; city
equipment bonds that were voted
beginning Jan. 1, 1944. Due on 4.445 mills; schools, 3.581 mills; in the Nov. election. Dated March
Jan. 1 as follows: $75,000 in 1950 making a total of 10 mills.
*
1, 1944. Denom. $1,000. Due Sept.
and 1951, $90,000 in 1952 and $30,The city is confronted with a
1, as follows: $3,000 in 1945 and
000 in 1953.
' V ; A'7 shortage of $980,883 for antie1946, and $2,000 in 1947. Prin. and
*
'
on
the
prove a
to
Austin
thorized
is
changed," Clarence Foust,
board president said.
from $580,000,000 for
$586,000,000 for this,
$6,000,000,
the
is
It
—
work immediately to see that the
equipping of
plants boosted the estimated
total county property
valuation
Mr.
Approved
and
war
Schenectady, N. Y,
Bonds
-
Construction
Sykes & Galloway,
of New York; will be furnished to
the purchaser without cost.
En¬
close a certified check for $340,
Vandewater,
bonds was au¬
Dec. 6, at a meeting of
refunding
grade crossings, Cascade, Raspberry and Cranberry streets. Two
totaled $3,753,418.23 and
ordinance calling
of the 1918
its
of $5,400
issue during the
year
resumed bonded debt is outside the 10-mill
climb upward—a climb halted limit, he added.
The Board of Education must
during September and October by
minor drops in collections,
pay
$1,097,310 in principal and
For the first time since August, interest on its bonded debt out¬
General Fund revenue collections s'* de the 10-mill limit in 1944; the
in November exceeded collections city has $2,178,188 to pay in the
for the same month of 1942. The same classification; and the county
Dated
Van
Wert, Ohio
Bond Offering— John A. Jones,
r
November, of
for
total
only $239,000, Mr. Austin
last year
■
$3,237,966.85. Last month's in¬
was
Other
'
showed
of
sources
increase
an
for
collections
over
also \
revenue
last
the
corres¬
$2,029,016.19
year ago.
collected
Revenue
vember
all
from
No¬
totaled
during
sources
$5,952,228.09 compared with
266,983.04 for the same month
"
$5,last
Canton,
follows:
$10,000 in 1945 to 1955, and $5,000
Bradbury,
improvement bonds. Dated Dec. 1,
ed.
$600. Due on March
and Sept. 1, in 1945 to 1954. Bid¬
ders may bid for a different rate
of
interest
in
a
Ohio
Series
The
bonds
be registered
may
to
principal only, and will be
payable from unlimited ad val¬
as
multiples of lA of orem taxes. Said bonds and the
certified check for interest thereon will be payable
,
North
as
ent rates of interest will be accept¬
1%. Enclose
November of 1942—an increase
a
-
purchase of the $8,500 not to ex¬
ceed 3% * interest fire apparatus $200, payable to the City.
bonds.
Dated Mar. 1,. 1943.
De¬
Wickliffe, Ohio
nomination $850. Due $850 March
Bond Call—It is stated by C. B.
and Sept. 1, 1944 to 1948.
Bid¬
Lee, Village Clerk, that pursuant
ders may bid for a different rate
to State law and local ordinance,
of interest in a multiple of 14 of
the
following refunding bonds,
1%.
No bid for less than par and
dated Oct. 12, 1938, as of the first
accrued interest.
Enclose a certi¬
day of -October, 1936, have been
fied check for $500, payable-to the
called for redemption on Jan. 1,
Village.
1944:'
',
:•
' )' r' ■.r/".
'
for
of
8.37%, Collections in the gasoline
division for the first five months
of the 1943-44 fiscal year total
$10,019,852.42,
compared With
$10,130,502.77 for the same period
with
Bond Offering—C. P.
Dec. 1
on
1943. Denom.
.
Village Clerk, will receive sealed
bids until noon on Dec. 18 for the
month
ponding month of 1942. The gaso¬
line division yielded $2,198,809.86,
compared
said.
Dec.
able J-D. Due
City Auditor, will receive sealed in 1956. Bids will be received at
bids until noon on Dec. 15, for the any of the above rates of interest,
purchase of $12,000 27c semi ann. but no bid combining two differ
Middleport, Ohio
15,92%.
crease was
*'
bonds.
Denom.
$1,000.
1, 1943. Interest pay¬
funding
bonds.
Bond
Series
Bond
levied
thereon under
assessed
or
and
taxes
the
The
bonds will be sold to the highest
assumes
agrees
to
pay.
responsible bidder, provided such
bid is not less than par and ac¬
crued interest. The highest respon¬
sible bidder sfyall be the one who,
having complied with the condi¬
tions of sale, offers to take the
No.
No.
2667
on
1938-16
2070
1938-21
2701
1938-16
2322
1938-21
2738
whole amount of the issue at the
1938-16
2399
1938-21
2816
lowest interest cost to the munici-
1938-16
2425
1938-21
2838
current
iod
a
five: months of the
year ago.
/
Cincinnati, Ohio
,'.
„
Bonds Authorized
,
—
The City
to have passed
for the issuance
the following bonds aggregat¬
said
is
Council
ordinances calling
of
ing
$55,500:
$5,000 2 V2% airport improvement
bonds. Dated Jan. 1, 1944. Due
on
i; $400 in 1945 to
and $300 in 1950 to 1959.
Sept.
1949,
'
Interest
payable M-S.
50,500 2V4% fire
Dated March
Sept.
1;
1960, inclusive.
J-D.
(EST)
apparatus bonds.
1, 1944. Due on
$5,500 in 1945, and
Interest
Bidder may name a differ¬
1938-16
1938-21
2439
1938-27
2635
Said bonds shall be
oality. which shall be determined
2973 by
deducting
from
the
total
amount of interest to be paid on
account of such bonds during the
presented to
branch of the
a multiple of 14 of 1%.
A certi¬ Cleveland Trust Co., Willoughb^,
fied check for $500, payable to for
payment of the par value
order of the village, is required.
thereof, together with interest ac¬
crued to and icluding Dec. 1, 1943.
Ohio (State of)
ent rate of
OHIO
■
noon
Dec. 15 for the
revenue
year,
until
bids
interest, expressed in
the
Willoughby
1942 under
a
20-year op¬
be paid off in full and
canceled by May 1, 1944. Hopes
are held that the $90,000 worth of
tion,
can
sanitary
bonds of -1916,
the sinking
sewer
which also are held by
coming year.'
■
:
.
/
If all three groups of bonds are
refunding is necessary, the gross
indebtedness can be reduced to
which
1938-21
sealed
were
fund in
liquidated during the year and no
of
No.
;
expected that the $350,000
1922 park bonds, which
bought up by the sinking
of
Borough
all
2012
year.
For the first
is
present or future law of the
Commonwealth of Pennsylvania,
any
purchase of $16,000
from all
3%
storm
water
sewer
bonds.
sources
totaled
$31,659,158.62,
Dated Dec. 1, 1943.
Denomination
compared with
an increase
of
$1,000. Due $1,000, on Dec. 1 from
$1,609,366.23 over the same per¬
1945 to
"
It
issue
fund, can be liquidated by July.
In addition the city is scheduled
an^'tax or to
pay
off serial bonds in the
taxes, except succession or inher¬
amountof $312,000 during the
itance
taxes, now or hereafter
No.
Village Clerk, will receive
ing bonds.
without deduction for
1938-16
Bond Offering—Lester L. Brau-
cher,
sewer
has been partly offset bv the
sale of $185,000 worth of refund¬
life
thereof, the amount of prem¬
ium
offered,
if
any,
over
and
$2,812,000 by the end of 1944. This
lower annual debt service
would
charges by $40,000 or more, Coun¬
cilman Hartnett estimates.,, Even
without the cancellation of the
1916
sewer
issue,
a
cut to $2,902,-
possible by the end of next
if no new bonds are sold.
000 is
year
Whether it will be necessary to
refunding
sell
bonds
next
is still uncertain as the
the
and the 1944
formative
charaes
year
extent of
deficit is still indefinite
1943
for
budget is only in the
Debt
service
1944, which will be
staees.
years, will
This total in¬
cludes $131,991 for interest. $11.090 for state tax and $363,666,67
for principal payments. The latter
Municipal Price Index Steady—
OKLAHOMA
sum will provide $322,000 for re¬
J. A. White & Co., Cincinnati, re¬
demption .of serial bonds, onlv
Chickasha School District (P. O.
ported under date of Dec. 8 as
follows: •
■
interest on bonds of a class or $312,000 of which will be naid off
Chickasha), Okla.
Bond Offering — R. J. Pierce, character
which
includes
these during the year, and $41,636.67 to
During the past week the Ohio
municipal market has again held CVrk of the Board of Education, bonds, will, at the election of the be set aside for payment of the
steaclv.
Our index of the yield on will receive sealed bids until
purchaser, relieve the purchaser, princinal of long-term bonds.
above
the
face
amount of the is¬
time
prior to the delivery of the bonds,
of Federal legislation, which in
terms, by the repeal or omission
of exemptions or otherwise, sub¬
jects to a Federal income tax the
sue.
The
enactment,
at any
the
hiahest in recent
total
$506,747.67.
-
Ohio bonds remains at
1.41%, p. m. on Dec. 20, for the purchase • from his, obligation
under the
yields on 10 high grade of $23,000 school site purchase ^terms of the contract of sale and
and 10 lower grade bonds remains bonds.
Due
$3,000 in 1946 and entitles the purchaser to the re¬
20
and
the
booe.th*t we con re¬
bonded debt as rapidly as
"It is our
tire this
possible and put the city on a pay-
-
as-you-go
basis,"
Hartnett said.
All
Councilman
Legality approved by
New York.
but
as
Townsend, Elliott & Munson
of Philadelphia.
wage
and
matured until 1952.
of
$75,633 now is avail¬
able for redemption of the $90,000
worth of 1916 bonds, which were
part of the first issue sold by the
city to finance construction of its
sanitary sewer system. It is ex¬
pected that this sum will be up to
about $80,000 by the end of 1943
and that, with careful manage,ment, the entire $90,000 can be ac¬
cumulated
by
July.
The
1916
bonds are part of a $200,000 issue,
sum
Dallasfi Texas
Standing Reported—The following
while
iy2%,
for
Financial
facts of interest
to \j
holders of the city's bonds were released as of Dec. 1 by Stuart Bailey,
current City Auditor:
the
At Sept. 30 of each year, the financial affairs of this city are
it is 1%.
Even with the,
one-third reduction, total wage checked by an independent auditor.
The statements and figures on
month
Philadelphia, Pa.
Large Excess Borrowing Power
Anticipated — The city will have
$40,000,000 borrowing
in excess of
tax
collections for this year will
equal that of 1942, the re¬
almost
that
contention
city's
the
present investment in sewers and
the Frankford elevated line
is
self-sustaining
and,
therefore,
should be excluded from the city's,
legal debt.
The legal debt is fixed at 10%
of the assessed valuation of all
property, both real and
personal. The city will be $18,900,000 over the limit of its legal
ability to borrow at the end of
12
'
Financial
Survey
Com¬
Nears
pletion— The Providence "Jour¬
nal" of Nov, 14 carried the follow¬
ing item of interest to municipal
dealers and investors:
The
long-awaited survey, on
Newport's municipal financial set¬
up, together with recommenda¬
tions for improvements, probably
.
to include creation of
city pur¬
a
chasing division, is expected to be
completed by Norman A. Taber
and
his
1,461,609.45
—
—
mos.
•
to 9-30-43
$1,925,250.00
.
1,394,295.10
$1,902,750.00
company
"We have satisfied ourselves that all interest
payments and maturities due have been met properly and promptly,"
No
new
bonds
were
retained last spring by the city on
a $4,800 contract to make such a
survey and report, and it is un_
were
sold during the year ending Sept. 30, 1943.
Sept. 30, 1942
outstanding—total direct and assumed oblig.
$35,427,250.00
Sinking Funds—Current Assets:
•
Cash with City Treasurer—
$1,164,979.57
Investments—City of Dallas bonds—^^,,™^.—™-.-^^--.-,
572,250.00
$1,113,082.70
23,000.00
,
Investments—United States
bonds_-._——i;267,490.00
Assets——,—
Total Current
;
$372,289.24
Investments
907,172.92
$1,260,503.13
-
Immediate Requires—•
over
$353,330.21
876,222.92
$1,248,512.16
:
Total Immediate Requirements—.
Both
$2,090,572.70
1
Accrued Interest
Sinking Fund for Term Bonds
954,490.00
.
$2,004,719.57
—.—
Sinking Funds—Immediate Calculated Requirements: "
to Sept. 30—l.;
i,
'
Sept, 30, 1943
$33,502,000.00
Bonds
Excess—Cash &
before the first of the year,
Taber
Interest payments
12
mos.
to 9-30-42
Bonds, retired—face" amount-,...,
Both reports say:
Newport, R. I.
taxable
the current year.
excerpts from the reports of Geo. H. Bird & Company-^
are
audits of 9-30-42 and 9-30-43.
'
RHODE ISLAND
program.
tion's
this sheet
port indicated.
next year with which to
lay the foundations for an ex¬
tended
post-war
public works
power
part—on the expectation that the
expected on
court will accept the administra¬
May 1 the city will have saved
approximately $133,000 in carry¬
ing charges by exercising its op¬
tion—$15,750 a year in interest
and approximately $900 more an¬
nually in state taxes over a period
of eight years.
Left outstanding
in 1942, the bonds would not have
The
period last year.
It is
out, however, that the
tax rate during 1942 was
same
pointed
in the issue's own account
This figure, which city officials
by May 1 of next year to pay off
say is conservative, is based—in
the balance.
If the entire issue
lated
be cancelled
the
Masslich & Mitchell of New York,
$83,000 worth of the
bonds in the $350,000 park issue
of 1922 is held by this issue's sink¬
ing fund at the present time,, ac¬
cording to finance office records.
It is expected that the amount
owned by other sinking fund ac¬
counts will be cut to $23,000 by
the end of this year and that suf¬
ficient money will have accumu¬
can
Monday, December 13, 1943
THE COMMERCIAL & FINANCIAL CHRONICLE
2410
$756,207.41
$830,069.57
audit
reports contain this statement: "No effect has been
given to certain items of assets to be allocated to Interest & Sinking
Funds, as realized, viz: Accrued interest on cash balances and in¬
vestments, amounts due from other funds, delinquent tax balances."
,
This statement is found in the Independent Auditor's letter trans¬
understood that the first draft has
Approximately
$12,000,000
of already been submitted confiden¬ mitting his report to the City Council on Dec. 15, 1942: "The condi¬
the $18,900,000 will automatically
tially to city officials, who in turn tion of the Interest and Sinking Funds is distinctly, satisfactory."
be wiped out next year through have1
The following statement is offered by the City Auditor—Tax col¬
suggested certin minor
sinking fund earnings, budget ap¬ changes.
lections continue good.
The General Fund finished the year at Sept.
propriations to the Sinking fund
Chairman Cornelius C. Moore of 30, 1943, with $425,000 in cash, with allY current bills satisfied and
and the retirement of serial bonds. the
City Council said yesterday after purchasing $130,000 Treasury Bonds for post-war replacement
The remainder of the excess
that the final copy of the report of autombiles and fire fighting equipment.
The Waterworks had
which was called in under a 15- borrowing will be canceled if the was now being drafted and he ex¬ $493,000 cash balance after purchasing $400,000 Treasury Certificates
court allows the petition by the
pected that it would be available for post-war betterments to the system.
year option in 1931. At the time
of the call, bonds in the amount city administration to. have the before the first of the year.
<$>Frankford elevated declared selfTEXAS
He said that city officials were
of $110,000 were redeemed and
canceled and the remaining $90,- sustaining,
considering
having
the
report
1944 session of the Virginia Leg¬
Dallas, Texas
The city contends the elevated made to
the Mayor and Board of
000 worth sold to sinking fund
Bond Election —It is reported islature as recommended by State
line is self-sustaining by virtue of
Aldermen
at
a
accounts.
special
public that an election will be held on Auditor of Public Accounts L.
the fact that the annual rental of
The possibility of paying off
hearing where Taber could ex¬ Dec. 28 in order to have the vot¬ McCarthy Downs.
/
$8,774,000 from the Philadelphia plain the report as he presented
both the 1922 park issue and the
ers pass on the proposed issuance
The suggestion was made by
Transportation
Co.,
operating it.. To such a hearing various
1916 sewer bonds in 1944, Council¬
of $11,000,000 in bonds, which are Mr, Downs in a University of Vir¬
company, is more than enough to civic
man Hartnett points out, is due to
groups, such as the Chamber to be sold to finance permanent ginia news
letter, published under
provide for amortization of the of Commerce, Newport Improve¬
careful
husbanding
of sinking
improvements. Of the total flo¬ date of December 1. It is a plan
ment Society, as well as Labor
fund surpluses over a period, of outstanding bonds.
tation, $2,500,000 will be issued as he has long considered, but has
The
city
originally invested and Veterans' organizations would
years.
heeded for airports, $4,000,000 will now made public for the first
$15,000,000 in the elevated line, be invited to send representatives
be for street opening and widen¬ time.
Lancaster County (P. O. LanC'
$10,000,000 of which is now out¬ so that the report would receive
Counties of the State have a
ing projects, $1,500,000 for storm
after), Pa.
standing.. Of this amount, the the fullest publicity and under¬
sewers,
$1,000,000
for sanitary total gross indebtedness of $30,Last Outstanding Inter-County sinking
fund holds
$3,000,000, standing.,
\
sewers, $500,000 for public market 245,000 against which there are
Bridge Bonds Redeemed — The leaving $7,000,000 in the hands of
improvements, and $1,000,000 for now sinking fund reserves of $6,'
following report is taken from the the public.
TENNESSEE
waterworks purposes.
144,000, leaving a total net in¬
Thus payment of $12,000,000; to¬
Lancaster
"Intelligence-Journal"
debtedness of $24;101,000.
Kingsport, Tenn.
of Nov. 27:
ward a reduction of the city's
,
.
.
r
Bond
,
Sale—The
$150,000 block of Lancaster- gross debt and the exclusion of the
offered for sale
Inter-county bridge bonds— $7,000,000 still owed by the city
the last of a $1,400,000 issue float¬ on the elevated line, will more p. 1868 —were
A
York
ed in 1929—was redeemed Friday
morning,/ County Controller Earl
When the
bridge was freed of
February 1, a total of
$300,000 of Lancaster county bonds
was outstanding. Despite the call
for redemptipn and the fact that
the bonds drew no interest, $150,last
000 remained unredeemed for nine
months.
G.
Graybill Diehm, president of
Commission, has been
the Bridge
awaiting
^redemption
of
wipe out the current amount
excess
of
these
bonds to call a final session of the
board to wind up its affairs. The
bond issue covering York county's
share in the cost of the span was
in full by last Feb. 1.
redeemed
Pennsylvania Turnpike Commission
(P, O. Harrisburg), Pa.
Bond Sale—A nationwide .syn¬
dicate of banks and investment
First National Bank of Memphis,
iy2s, paying
as
borrowing.
C. H. Little &
Co. and Union
this method.
assured, the Planters National Bank & Trust
position to sub¬
Co., Memphis, for l%s, at a price
raised annually by
With
this
income
city will be in
a
stantiate its claim that the sewage
system is self-supporting and that
of 100.11.
banking firms, headed by B. J. the
$58,000,000, therefore, does
Ingen & Co., Inc., Blyth & not constitute a charge against the
Co. and Blair & Co., Inc., pur¬
city's borrowing capacity.
on
Dec. 7 from the Turn¬
Realty Taxes
pike Commission, $1,500,000 3 3A%
Outstanding Now Raid—The Phil¬
revenue bonds at a price of 101.30,
a
basis of about 3.669%.
Dated adelphia "Inquirer" of Dec. 5 re¬
Aug. 1,1938. Denomination $1,000. ported as follows:
Philadelphia
real
estate
tax
Due Aug. 1, 1968.
Redeemable in
Whole, or in part by lot, at the payments at the close of Novem¬
ber were only $4,355,945 short of
option of the Turnpike Commis¬
the estimated revenue for all of
sion, on Aug. 1, 1947, or on any
interest payment date thereafter 1943, according to a report sub¬
mitted yesterday by Receiver of
prior to maturity, upon 30 days'
Major
notice,
principal amount
thereof and accrued interest, to¬
gether with a premium of 4% of
the principal amount thereof if
redeemed on or prior to Feb. 1,
1952; 3% if redeemed thereafter
and on or prior to Feb. 1, 1957;
2% if redeemed theerafter and on
■
at
the
Share
of
Taxes W. Frank Marshall.
The
report showed that of the
estimated levy of $42,016,585, col¬
lections at the end of the first 11
months totaled $39,660,640.
$26,777,719 for the corresponding
11
months
of
1942.
Thus
both
realty and school taxes show a
net gain for 11 months of $1,511,-
mium if redeemed thereafter and
116.
maturity.
Principal and
Collection of the city wage tax
payable at the Fidelity- shows that up until Nov. 30, $18,Philadelphia Trust Co., Philadel¬ 880,541 has been collected, as
at the Bankers Trust Co., compared
Sale—The
$160,000 State
for
county
reim¬
bursement bonds offered for sale
on
Dec.
6—v.
158, p. 2099—were
awarded jointly to the Chase Na¬
tional Bank of New York and the
Commerce Union Bank of Nash¬
ville,
as
basis
a
Dec.
1V4S, at
of
price of 101.02,
a
about
1, 1943. Due
The next
1.115%.
on
nooga,
was
the
1988—were
on
Dec. 7—v. 158,
awarded
fol¬
as
lows:
is
possible
Sinking
State
Fund
that the State
Commission— the
,
Treasurer, the State Comp¬
troller
and
the
State
missioner—could
to
$22,537,259
$2,000 in 1952 and 1953, $4,000
in 1954 to 1959 and $3,000 in
1960. No callable option. The
bonds
were
a
price
Among the other bid¬
Tax
form
Com¬
the
nu¬
FOR
VA 1c
1941.
Austin & Waggener
of Dallas:
those
vested
and
with
requires that
this
responsi¬
bility be able to determine on a
scientific
basis
the need for and
capacity to finance
provements.
"Iri
capital
establish
a
im¬
/
judgment,' the
our
should
basis of about 1.79%.
Interest
Dated Dec. 1,
follows:
$1,000 in 1953, $2,000 in 1954
to 1968 and $3,000 in 1969 and
payable J-D.
Due Dec. 1, as
1940.
No- callable option.
1970.
To. Stranahan,
Harris
&
Co.,
local
State
govern?-
nel
in long-term capital budget
planning and debt administra¬
tion.
.
."
.
.
WEST
VIRGINIA
Cabell County (P. O. Huntington),
W. Va.
Inc., of Toledo:
Bond Call—The First
Hunting¬
refunding series F ton National Bank, of Huntington,
bonds, at a price of 105.31, a trustee, will until 10 a. m. on Dec.
$48,000 2V2%
Interest
Dated Jan. 1,
1942. Due Jan. 1, as follows:
$28,000 in 1960, $20,000 in
payable
J-J.
15,
receive
for
consideration
all
offers for the sale to the Trustee
of
Cabell
revenue
No callable option.
County, of toll bridge
bonds, issued as of Aug.
1, 1940, of any maturity, at an of¬
BONDS
Equitable Securities Corp
Halsey,
100.40
VIRGINIA
100.61
Stuart &
Mercantile-Commerce Bank & Trust
Co., St. Louis, and Union Plant¬
Nashville,
Hermitage Securities
Co.,
Nashville, jointly
«
1
Virginia (State of)
fering
price
not
value and $4.00
Debt
Commission
100.33
100.29
New
100.27
during Nashviue Securities"100.20
to
exceed
par
premium. Accep¬
Administration tance of offers, if any, to be upon
Proposed—Richmond the Trustee's judgment and de¬
news reports state that steps for
cision and in no event shall the
naming a commission to aid coun¬
acceptance for purchase exceed a
ties in
their debt mat¬
County
Bank & Trust Co.,
Harriman Ripley & Co., Inc.
Chemical Bank & Trust Co.,
essential
most
$37,000 3% refunding series C "ment commission composed of
bonds, at a price of 111.12, a trained and experienced person^-
1961.
"l.
were:
York
authorized at an
basis of about 2.11%.
Bank, Chatta¬
for 1V4S, offering
100.76.
Dated
Dec. 1, 1951.
highest bidder
Hamilton National
ers
interest
p.
To Walker,
and
before
or
Bond
consolidated
of
prior to Feb. 1, 1961; 1% if re¬
on or prior
to Feb. 1, 1965, and without pre¬
phia,
offered for sale
election held on Jan. 23,
Tennessee (State of)
Receipts from the school taxes
ders
total $27,386,212, as compared with
deemed theerafter and
or
It
bonds
To the Citizens National Bank cleus of the
a basis of about 1,46%, as follows:
proposed local gov¬
city's borrowing ca¬
of Waco:
ernment commission, or at least
pacity in the black for the first $73,000 city improvement bonds,
be made ex-officio a part of such
Denomination $1,000, one for $38,000 2V2% refunding series C
time in years, the administration
bonds, at a price of 106.64, a a commission,
$700. Due Dec. 1, as follows:
plans to ask the court further to
The
basis of about 1.92%. Interest
Sinking Fund
Commis¬
exempt the city's gross sewer in¬
$2,700 in 1944, $3,000 in 1945,
payable J-D. Dated Dec. 1, sioners have just gone through
vestment of $58,000,000 from the
$4,000 in 1946 to 1950 and
1940. Due June 1, as follows: the business of funding the State's
legal debt.
$8,000 in 1951 to 1956.
$20,000 in 1956 and $18,000 in entire indebtedness through the
The current amount outstanding
of
War
Bonds
with
1957.
Option is reserved to purchase
in this item, however, is slightly
25,000 public improvement bonds.
call such bonds on any in¬ money made available from the
more than $40,000,000. The other
Denomination
$1,000.
Due
terest paying date after Dec. State's general 'fund surplus,
$18,000,000 is held by the sinking
Their experience could be util¬
Dec. 1, as follows: $1,000 in
1, 1950.
fund either in bonds or cash.
ized in adjusting the debts
of
1944 to 1950 and $3,000 in 1951
The administration, it was an¬
31,000 21/2% airport, series 1941,
localities to the greater advantage
nounced recently, plans to impose
to 1956.
bonds, at a price of 105.44, a
of the localities.
*
a sewer rent on each property in
basis of about 2%.
Interest
The bonds are dated Dec. 1,
"Control of the debt load of
Philadelphia. It is estimated that
payable J-J.
Dated Jan. 1,
1943. The next highest bidder was
"is
approximately $7,500,000 will be
1941.
Due Jan. 1, as follows: counties," said Mr. Downs,
Van
chased
price of 100.27,
a
Waco, Texas
Bond Sale—The $154,000
the
With
M. Miller revealed.
tolls
than
$98,700 bonds
Dec. 7—v. 158,
awarded to the
on
handling
ters are
likely to be taken at the
total of
$50,000.
Volume
WISCONSIN
Kenosha County (P. O.
Wis.
Kenosha),
,
Bond Call-*John C.
Niederprim,
County Clerk, states that certain
County corporate purpose bonds,
series 1938, Nos. 181 to 240, part
of a $300,000 issue, are called for
payment on Jan. 20, 1944, at the
County Treasurer's office. Dated
Jan. 20,, 1938. Interest ceases on
date called.
1
Wisconsin (State
Local
t
State
and
of)
Debt Reduced
$17,200,000 in 1942—County gov¬
the mightiest axe
ernments swung
in
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4237
158
2411
$192,266 in October and. $2,054,583 these programs were already ap¬ of all kind has been reduced; 864,000, are said to have been
in
the
10-month period, which proved by the Public Roads Ad¬ from $130.7 millions in 1939 to awarded to a syndicate
composed
compared with $181,938 and $1,- ministration. Of these, 26 States $114.4 millions last year.
of the Dominion Securities
Corp.,
have announced that surveyors,
907,998 last year respectively.
These facts emerged from the the Royal Securities Corp., the
engineers
and
draftsmen
are Provincial
Government's annual Imperial Bank, and the Canadian
UNITED STATES
working on $1,570,500,000 of con¬ report
Bank of Commerce, all of Toron¬
on
the
municipalities,
struction, of which some $205,744,- which are shown to be
United States
devoting to, at a price of 100.414; $1,460,000
000 worth is already in blueprints,
Locatl
more
Housing
Agencies
Re¬
than half their disburse¬ 2% improvement; $390,000 2Vz%
ceive Money For Postwar Housing approved and financed ready to ments to paying
debts, meeting improvement, and $1,014,000 3%
be let to contract at any time
Projects—New Haven, Conn., has
interest charges and making in¬ improvement bonds.
All of the
after the war.
stallment or quota payments on bonds are dated Dec. 1, 1943. The
appropriated $10,000 to be used
"This is a mere drop in the sinking funds.
2s mature from 1944 to 1948; the
in
preparing
postwar
housing
plans; tne local housing authority bucket compared with the total
Sinking fund shortages, inci¬ 2V2s from 1944 to 1953, and the
in Pittsburgh has asked the city amount of highway projects that
3s from 1944 to 1963.
Denom.
dentally, have declined from $16
for $40,000 for the same purpose; will be ready by V-Day, but from
Coupon
bonds
payable,
millions to $13 millions since the $1,000.
and the New York City Housing this figure we can get a rough war
both
interest
and
principal, in
began.
Toronto.
Provision is made for
Authority has received sufficient idea of how many jobs will be
Since the depression years mu¬
funds to purchase sites and pre¬ created by highway improvements
registration of principal only. Le¬
nicipal administrations have ruth¬
pare drawings for low-rent hous¬ alone.
gality approved by Clarke, Swalessly slashed assessments and in
ing units.
bey & McLean of Toronto.
"On the basis of cost and labor
total Wisconsin
government
bonded debt by $17,200,000 from
some
instances have more than
1941 to 1942," the Wisconsin Tax¬
Since no rental income from studies on highway
contracts over doubled the tax rate, reduced sal¬
payers
Alliance
reported
on federally
aided public housing a period of several years, it is
aries and made adjustments at the
Nov, 8.
helping
cut
ahd
^State
local
,
.projects
Analyzing debt figures recently
the State Department
of Taxation, the .Alliance pointed
tto several hopeful trends:
"1. Total State and local long:term bonded debt dropped from
released by
'$126,400,000 in 1941 to $109,200,000
in 1942—the largest one-year drop
land the lowest debt figure since
11931,
County government debt
i which
is paid off with county
funds made up $7,600,000 of the
total
1941-1942 cut.
Reductions
lip city debt, and in county debt
which is. paid off out of these
funds, together accounted for the
I
j
postwar
interested
in
estimated
development,
housing ac¬
the shoulders of property tax¬
outside the City of Mil¬
waukee has been falling off. This
is
reversal
a
trend
the
of
1931 to 1939, when
the upswing.
from
this debt was
on
Many local governments are
today sweeping put their old debts
as' quickly as possible.
In 1942,
"3.
,23 counties were free of debt ex¬
for State trunk highway
bonds, which are paid off out of
cept
f
State
funds.
the
In
same
year,
out of every
the
stated
Alliance
"means
will
sweeping out of old debts,"
that
local
editorially,
governments
have their' financial
houses
in better order to meet post-war
problems.
"With today's higher tax collec¬
tions, they are paying off old
debts.
With spending for con¬
struction and other government
activities cut by the war, new
borrowing has been held down."
General Fund Balance Exceeds
$14,00,000
—
The balance in the
general fund of the State of Wis¬
amounting
debt, how¬
to
$127
ever,
millions, comes to almost onesixth of the total wealth in land
The
by
first direct appropriation
municipality to be used for
a
and
by
"Thus the $205,744,000 of high¬
more
construction
in lieu of taxes.
the
The expenses
will be far larger to meet
guarantee repayment
or
appropriations, if
they are able to proceed with"
further ..development
after,
the
under
im¬
DATA
millions
in accordance of the
city's policy of never renewing or
refunding its obligations. Of this
amount
$38.3 millions has been
paid before maturity from sink¬
ing fund and other surpluses;
$830,000 matures later this year
which
provision has been
for
made.
Including
the, present
debt is
gross
funds of
1942
Assets
$105.3
issue
millions, of
130,000
30,100
3,789
15,900
456.4
Excess
of
assets^
Excess
of
667.2
liabilities--
34,612
28,867
power
Current
40.000
3,700
11,105
&
6,706
5,860
21,988
made public offering of
paid—
22,723
,
Schools—.4
1,300
licenses
314;
Unemploym't reliefDisbursements—
—
22,500
1
Rene
T.
Leclerc, Inc., and L. G. Beaubien
Co., all of Montreal, recently
$4,886,000
bonds, dated Dec, 1,
and
'
21,500
improvements have decreased from 10 to 5.
§Schools up $250,000.
Motor, licenses up $29,900.
down
consisting
of:
1943,
$2,846,000
school, in denominations of $1,000,
$500
$100,
and
due Dec,
1,
inations
due
of
$1,000 and $500, and
$102,000 on Dec. 1 from 1944
$1,000,000.
ONTARIO
Toronto, Onf.
Bonds
and
1955; $2,040,000 school, in denom¬
to
CANADA
Trade Balance
Canada,
31/2%
Mostly as a result of N. Vancouver de¬
faults, now overcome by refund, this year.
tSince
1933
municipalities not taxing
Reiief
Sold
The
following
Still Climbing- semi-anii. bonds aggregating $2,-
of)
of
.
390'
-
Bank
cial
*
similar conditions.
Canada (Dominion
of the Provin¬
47,000
^Provincial grants:
Motor
A group composed
*3,018
1448,000
'
taxes
Taxes
Que,
3,382
-
—
Unpaid taxes
as
sion,
Bonds Offered for Investment—
465,000
assets—
Unused borrowing
easy
QUEBEC
Montreal Catholic School Commis*
6,079
11,600
.
unpaid
Total taxable
$34 millions.
163,779
,30,340
lands-
sale
Maturities
1939
121,000
—
Sinking funds
Unpaid taxes
Tax
..
-($000)
152,499
—
liabilities
Total
rapidly as State high¬
way
departments are planning
roads, bridges and parkway im¬
provements. But city or regional
planning groups can learn from
the
highway planners the; im¬
portance of studying the imme¬
New York, the only state in the
country which grants funds for
low-rent 'housing purposes, has
advanced money to New York
City for the purchase of sites and
the preparation of
drawings and
MUNICIPAL
C,
^
higher
funds, the association said. Pitts¬ diate needs of the community and
burgh
housing authorities
are make them the
basis for public
asking for their $40,000 appropri¬ Works programming."
ation
and
$253.4
debt of $50.6 millions and sinking
B.
;
for most
communities to plan public Works
Though local housing authori¬ programs
cannot
lands
lows:
workers.
planning will be charged as standards.
development costs which will be
"It will not be
ties
all
lions of this is taxable under pres¬
ent regulations.
of
included in future rent.
of
states
Toronto
Jan. 1, 1919,
provements in B.C. municipalities
is $792 millions.
Only $465 mil¬
now
units, $10,000 will be given back
"According to estimates, the na¬
to local housing authorities for
tion's highways need about $3,preliminary site
selection
and 600,000,000 worth of work to bring
building plan.
When the war them up to pre-war standard. In
ends, New Haven will be ready view of the tremendous increase
for work on housing accommo¬ in
highway traffic expected after
dations for approximately 1,000 the
war, it is possible this figure
additional families.
improvements as measured
Aggregate as¬
,
of debt has been redeemed since
which $29.4 millions are sinking
Receipts for all municipalities fund bonds and the remainder in¬
in the province last year totaled
at work for one year. In addition,
stallment bonds. Net debt is $40.2
millions. The report sum¬
these highway projects will in¬ $22
marizes the high points in the millions, after deducting special-.
directly stimulate the employment
B.C. municipal situation as fol¬ ly-rated and revenue producing
of
other
tens
of thousands of
than was expected in pay¬
ments
way
some
assessments.
sessments
wrapped up
this purpose was made by New and
waiting for peace will require
Haven.
Increases in rentals in a total of
235,250,000 man-hours
the housing projects have made of labor. On the basis of a 40-hour
it possible for the city to receive
week, this would keep 110,000 men
war, most of the advances would
be
reimbursable
from
federal
"This
The total municipal
war are
secure
of
debt.
qf the sinking funds.
expense
construction requires
47,000
attempt¬ man-hours of direct labor on the
for blue job and 66,000 man-hours of labor
prints and preliminary plans, the in factories, mills, quarries and
National Association of Housing transportation to
supply construc¬
Officials reports.
tion materials and equipment.
way
money
to
of advances
'
authorities
ing
five cities, over
half the villages, and four out
of every five towns were also free
one
some
that every $100,000 worth of high¬
.
t
by
tivities after the
From
payers
*
for
cities
be used in prepara¬
$16,000 which has
remaining
$9,600,000 over the
been .paid the city from the three
same period.
"2. Since 1939, the bonded debt housing projects containing 1,035
on
1
tion
can
jm
—
1963, inclusive.
Principal and
interest payable
in Montreal, Que¬
Toronto.
Legal opinion of
bec
or
Vallee,
Letourneau,
Tansey
&
Monk of Montreal.
Canada had a favorable balance
building plans.
As soon as the of trade of $960,082,339 at the
lifting
of wartime
restrictions end of the first 10 months of 1943
permits, the projects will get un¬
compared
$741,224,113 for
der way.
Long-term financing by States and municipalities continues on a
the full calendar year 1942, the
$14,022,161 as
Huge Post-War Highway Needs Dominion Bureau of Statistics re¬ relatively modest scale, as is seen in the fact that disposals for the
month
month of November amounted to no more than $36,854,360.
The
Estimated—The "Florida Munici¬ ports,
earlier, the monthly report of
character of last month's financing was different from that in previous
pal Record" carried a statement
Domestic
John M, Smith, State Treasurer,
exports,
excluding months to the extent that a
larger proportion of the total represented
in its November issue on
post-war gold, for the full year 1942 were
showed. The surplus in the fund
new
capital emissions. Among the larger offerings in this category
public works planning prepared valued at
is exclusive of a $19,998,984 in¬
$2,363,773,296 and for were issues of
$8,446,000 by Cook County, Illinois, $4,050,000 State of
by The Producers' Council and the 10 months of 1943 at
$2,378,vestment in United States govern¬
Minnesota, $3,000,000 Tacoma, Wash., and $1,500,000 by the Washing¬
brought to the attention of the
ment bonds.
General fund re¬
991,791.
Imports were valued at ton Suburban
Sanitary District.
The Cook County financing, at this
above publication by H. D. Hum¬
$1,644,241,933 in 1942 and $1,439,ceipts for October amounted to
writing, is still uncompleted owing to the inability of the successful
phries, Atlanta representative of
893,992 for the 10 months of 1943. bidders to secure an
$12,009,768, and disbursements ag-. the Portland
approving legal opinion on the issue. The cir¬
Cement Association.
Foreign exports dn 1943 totalled cumstances
gregated $7,074,336.
attending this failure were reported in detail in the
The following excerpts from the
The surplus in all funds of the
$20,984,540 for 10 months.
"Chronicle" of Dec. 6, on page 2302v
statement .present some interest¬
State totaled $24,664,718 on Nov.
Domestic exports for the whole
Aside from the increased volume of new awards, another even
ing facts on one important phase
of 1940 were $1,178,954,420, less more
1, compared with $19,343,949 on of
significant feature of the municipal market in November was
postwar
planning,
namely
Oct. 1. These figures also are ex¬
than half the total for the 10 the
sharp reduction in the general price structure Which developed in
highway construction:
clusive of the investment in gov¬
months of the present year.
that period.
The recession accompanied and was inspired by the
"In the months since the nation
ernment bonds.
Exports to the United Kingdom break in stock prices and securities markets generally resulting from
became conscious of the need to
Among the revenues obtained
in the first 10 months of this year widespread "peace" rumors which were strongly in evidence earlier
by the State in October, gasoline plan now to alleviate unemploy¬ Were
The municipal price structure lost ground steadily
$837,200,000, against $625,- in the month.
ment and other dislocations at the
tax receipts amounted to $1,508,end of the war, there has been 800,000 for the same period of throughout November and this fadt was reflected .in sharply lower
886 ahd compared with $2,029,184
1942.
Exports
to
the
United trading prices and the bids made for the various new issues brought
much talk about planning,
but
in the corresponding 1942 period.
States rose from $659,200,000 to but during the period.
little
downright
In the first 10 months pf the year, comparatively
In one instance—that involving the Chattanooga, Tenn., offering
$910,700,000 in the same period.
decisive planning.
receipts from the gasoline tax
of $6,040,000 refunding revenue power bonds—the award was delayed
Imports from the United King¬
"An exception'to this is the
totaled $14,404,092, against $18,for 24 hours as the terms of the high bid were naturally considerably
dom in the first 10 months of 1943
991,310 in the first 10 months of field of State highway planning
totalled $113,700,000, against $144,- below what the city had initially anticipated in'light of the market
1942.
which, due to long experience, has
condition's which prevailed when it decided to undertake the refi¬
200,000 in the same period of 1942,
Cigarette tax receipts increased the organization and the knowPerhaps even stronger evidence of the impact of the price
while imports from the United nancing.
how to. get this work done.
to $356,639 in October from $338,States rose from $1,084,500,000 to recession is reflected in the fact that the unsold portion of the Nash¬
820 in the 1942 month.
Revenues
"By the middle of*August, 1943,
ville, Tenn., series A electric power refunding revenue issue awarded
from this source also were larger the highway authorities of all 48 $1,181,200,000 in the same com¬
to a syndicate on Oct. 28 was offered at yields showing a reduction
parative period.
in the first 10 months of the cur¬
States, the District of Columbia,
of about IY4 points below the original offering prices.
Many other
rent year than in the correspond¬ and the territories of Hawaii*and
examples of the adverse effect of the market reduction could be. cited,,
BRITISH COLUMBIA
Puerto
ing period last year, totaling $3,Rico, were engaged in
as its influence was by no means limited to the bonds of any par¬
British Columbia (Province of)
385,345 against $3,376,685.
post-war highway planning, using
ticular area of the country or to any particular type.
It should be
consin increased to
of Nov. 1 from $9,086,729 a
^
;
,
.
,
'
Revenue
from
liquor
taxes
$285,387 in October
from $581,677 in the 1942 month
and to $2,613,693 from $4,791,029
a
in the first 10 months of the year.
two
shrank
Malt
to
beverage
taxes
Federal appropriation of $50,000,000 for preparation of definite
projects.
"All but three of the States and
territories
produced program
had
developed,
a
Municipalities Reducing Bonded
Debts—Since
nicipalities
war
of
began the
British
mu¬
Columbia
have cut their bond indebtedness
highway from $119 to $108 millions. Total
37 of indebtedness of the municipalities
and
noted, too, that the market has now regained a large part of the losses
experienced during November.
(Note: The detailed list of the individual issues sold during
November and the comparative data usually contained in our review
the financing negotiated in each month will be given in next
Monday's issue.)
of
p
THE COMMERCIAL &
2412
Monday, December 13, 1943
FINANCIAL CHRONICLE
Mters m
tot
IVAKSOMOS
and drive
...
even
harder
Make War Bonds the Christmas Order of the
Urge
your
preach! Make this
a
you
100% War Bond Christmas—-to
insure future Yuletides of peace
Make up your own posters to
the
and prosperity.
•
spread the "War Bonds
pay-roll savings plan!"
Well, you're the
Day.
workers to make their personal Christmas
gifts in the form of War Bonds-—and practice what
^
on
ages,
and
your
year at new
of
forget
your
basic, all-important Pay-Roll
Savings Plan. How's it going, these days? Perhaps it
needs
a
bit of
stoking-up right this
hold its full head of steam
mands of the
holiday
very
minute, to
against the competitive de¬
season.
a
now your
well ahead of the
families that
envelope stuffers.
deduction percentages, both end
Every month,
again and again on bulletin boards, in your plant maga¬
on pay
formerly depended
single worker,
even
now
multiplied
Christmas
the
on
so many
the earnings
enjoy the combined earn¬
many
Now's the time to turn
increased
up
Pay-Roll Savings ought to
preceding month. For
ings of several. Such family incomes
trebled,
summer's
participation percent¬
levels.
run
But don't
to stoke it! You can't.ex¬
enthusiasm. See to it that your
for Christmas" story across your plant. Tell the story
zine, and
man
pect it to keep running indefinitely on last
as
times.
much
as
are
doubled,
.
<
possible of these
earnings into War Bonds—War Bonds for
...
and War Bonds the whole year
'round!
GIVE THE PRESENT WITH A FUTURE-WAR BONDS!
This space
contributed to Victory by
THE COMMERCIAL AND FINANCIAL CHRONICLE
This advertisement prepared under the auspices of the United States
Treasury Department and the War Advertising Council
@FedFRASER