The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
*y
Kc 14
194*
MONDAY
Reg. U. S. Pat. Office
New
Number 4133
Volume 156
STATE
Price 60 Cents
York, N. Y., Monday, December 14, 1942
DEPARTMENT
CITY
AND
Copy
a
BOND PROPOSALS AND NEGOTIATIONS
$1,311.34
anxious
York
Exchange
Curb
to
1957
incl.
1960
incl.
Exchange
Out-of-Town Listed Markets
Unlisted Securities
Ltd., of London.
anxious to save $1,000
insurance on the securities while
Miscellaneous
en
it
turn
Bond Offering—State Treasurer
sealed bids
his office in the Capitol Build-
Joe Hunt will receive
at
.
ing, Phoenix, until 5 p.m. on Feb.
for the purchase of $4,100,000
J1
^not to exceed 3% interest refund¬
ing bonds to be issued by the
Loan Commissioners of the State
of
>
for
Arizona
account
of
the
county. The bonds will be issued
under the provisions of Article 4
of the Arizona Code
1939.
They will be
of $1,000, with inter¬
of Chapter 10
Annotated,
said bonds immediately
their issuance and delivery
for
The Loan Com¬
such bidder.
to
missioners of the State of Arizona
to reject any
bids received.
Delivery
the
reserve
and
all
right
of the bonds shall be made
of
office
the
the State of
State
Building
at
Phoenix, Arizona.
(The
at the
Treasurer
of
Arizona, in the Capi¬
tol
above
the
City
of
replied it was neces¬
to obtain physical possession
of the bonds, but suggested that
behalf
of
offering
Maricopa
dent to the
is
being
County
inci¬
decision by the State
Court, earlier in the
in denoms.
year, in which the court upheld
est payable semi-annually on Jan.
the county's contention that cer¬
15 and July 15. * Due July 15, as
tain outstanding 5V2%
and 6%
follows:
$300,000 from 1944 to
road bonds were subject to prior
1956 inch and $200,000 in 1957.
redemption.
The ruling came as
At the time and place above in¬
a complete surprise to dealers and
dicated, or at a later time, the
investors in municipal securities
Loan Commissioners of the State
as
the bonds in question were
of Arizona will convene at their
sold by the county without
an
usual
place of meeting within
actual
optional clause and, ac¬
said capitol building for the pur¬
cordingly, had always been con¬
pose of considering all bids re¬
sidered
and
accepted as being
purchase
ceived
for
the
bonds
and
to
take
of said
action
deemed ad¬
such
be
All bids must state the
thereon
as
visable.
may
Supreme
Further
non-callable.
they
reference
to the court's decision and its far-
reaching implication with respect
to the status of the outstanding
jointly by
cancelled
be
an
then
and
banks
both
of
official
mail, thereby sav¬
sent to him by
He instructed the
pho¬
ing about $950.
Westminster Bank to make a
tostatic copy of
if
each bond for use
originals fail to reach
the
the
States,
United
the
National
First
The bank wrote a letter,
how it could obtain its
asking
money.
Lake and Tyronza Drain¬
District No. 9, Ark.
Grassy
par
<
mended
visors
held
of
the
to
that
Board
Additions
of
authorizing
revenue
of
purchase
Maine Power Co. 3V2%
bonds and
Cumberland
Power
Market
Im¬
and
(P. O.
4
Call
Louise
—
Corbin, First Selectman, will re¬
ceive sealed
Workman,
City Treasurer, announces the call
for redemption on Jan. 2, 1943,
at par and accrued interest of re¬
funding bonds of the above dis¬
Wants
$150,000
Dated
Judgment
Voided—Di¬
the Arkansas Supreme
cember
granted
judgment
17
No.
District
Court, De¬
set aside
2, to
$70,000
a
Drainage
to
of
asked
Mississippi
County,
Ark.,
by
Mississippi
County Chancery Court.
District
No.
17
contended
and 295
to
311, both incl.
Inter¬
291 to 294 both
vening numbers
incl.
have
rendered
already
been
sur¬
cancelled.
and
ders
received
were
to the district's
in
offer,
anticipation notes.
16, 1942.
Due May
purchase
Stamford (Town
of), Conn.
Note Sale—The issue of $500,000
notes offered Dec. 3 was awarded
to Leavitt & Co. of New
York, at
Dated
discount.
Dec.
bidders:
Nov. 23,
tion
0.56%
First
15, 1943. Other
Boston Corpora¬
plus $8; Tyler & Co.,
that
agreed to pay fqr easements
for construction
of floodway levees in 1938.
The
and right-of-way
levee was to be built by
the Fed¬
the east
the right-
Government
along
side
of
and
Big Lake
Ill; $424,000
hand chute of Little River through
Hudson County,
■:::
.,
New Jersey
bid for the
•
23/4% Bonds
^
'
1
'
New
Curb Exchange...
Stock Exchanges.
York
Other
Unlisted
Securities
2113
2118
..2123
City Department:
Bond Proposals and Negotiations.2081
Gen. Corporation and Invest. News.2093
Dividends Declared and payable.., .2086
Redemption Calls and Sinking Fund
State
and
Notices
2086
Bank Clearings,.... .2124
Foreign Exchange Rates
2092
Auction Sales
2092
The
Course of
sued
under
road
face
of
law, each with
$1,000, bobbed up
Nov. 21 from London, Eng., and
San Diego, Cal., and will be re¬
deemed immediately.
With
their
redemption,
only
$20,000 of the original $84,000,000
issue
will
remain
outstanding.
value
Bond
4%
sold
Bank
Sale Details—The
street
to
of
103.65—v.
$10,000
bonds
National
improvement
the
Phillips
Helena,
156,
p.
at a price of
1993—are dated
July 1, 1942 and mature July 1,
as follows: $500 from 1945 to 1949
incl.; $600, 1950 to 1954 incl.; $700
serially December 1, 1943 to 1967, inclusive
Legal Investment, in
our
opinion, for Savings Banks and Trust
Funds in New
These
York and New Jersey
to be issued for nurses' home and maternity
Bonds,
hospital purposes, in the opinion of counsel will consti¬
binding obligations of the County,
tute valid and legally
valorem taxes levied against all. the
therein without limitation as to rate
payable from ad
taxable
or
property
amount.
'
Prices to
These
bonds
are
offered
yield 0.75% to 2.75%
when,
as
subject to the approval of legality by
whose opinion will be
and if issued and
received
by us
and
Messrs. Hawkins, Delafield & LongfellowT
furnished upon delivery.
HALSEY, STUART & CO. Inc.
Marvell, Ark.
authority of the 1927
Martineau
Due
Dated
December
1,
Principal and semi-annual interest,
1942.
of
$1,000,
interest.
from
June
1
and
Coupon bonds in the denomination
only or as to both principal and
contained herein has been carefully compiled
payable in Jersey City, N. J.
registerable as to principal
December 1,
The
sources
ness
information
and while not guaranteed as to complete¬
believe it to be correct as of this date.
considered reliable,
or
accuracy,
December 14, 1942.
we
4,
1942 and due June
both
eral
of
tax
the
will be furnished.
response
on
10:30 a.m.
for
Dec.
0.543%
No Tenders Submitted—No ten¬
until
bids
14
17, 1943.
Payable in New York
City.
Satisfactory legal opinion
trict bearing Nos. 288 to 290, incl.,
rectors of the above district
Dec.
on
South Gate), Calif.
Bond
(P. O. Darien), Conn.
Offering — J. Benjamin
Note
Acquisition
&
Darien
election.
Gate
County
Light Co., bonds which were as¬
sured
by the former
company
under agreement of merger.
rejected by the voters at the Nov.
provement District No.
an¬
ductions included various Central
be
Street Railway. The proposal was
3
List—The
2, that the bonds of
the City of Appleton, Wis., and
Hartford Housing Authority,
Conn., Series A, first issue, due
serially on April 1, from 1943 to
1985 incl., have been added to the
list of legal investments for sav¬
ings banks in Connecticut.
De¬
bonds to fi¬
the
(State of)
Legals
Commissioner
nounced Dec.
issue
an
to
Bank
State
the
on
Secretary
purchase outstanding refunding
CONNECTICUT
Super¬
election
STEPHEN G. KENT
Connecticut
recom¬
of
the close of business De¬
at
15, 1942,
-
bonds.
Utilities
months
six
$7,950,000
nance
City
special
a
within
question
The
recently
on
i
to
(City and County),
—
Directors
holders of record
age
to be paid.
No
Mississippi
County,
to
protect
bonds of the State's counties, mupurchase of said bonds
lands east and south of the river
nicipalties
and
school districts
at a price of less than par value
from overflow.
'
;
was made in the "Municipal News
thereof will be considered and all
Since neither district was able
and
Notes"
column
in
the
bids must be accompanied by a
to finance the project, they ob¬
"Chronicle" of Dec. 10.)
certified or cashier's check drawn
tained
an
agreement from the
on a member bank of the Federal
ARKANSAS
RFC to lend the necessary money,
Reserve
System in an amount
The latter
Acorn Rural Special School Dis¬ District No. 17 said.
equal to 5% of the total par value
district
charged
in
the
lower
trict No. 30, Polk County, Ark.
of said bonds, said check to be
Bond Call—District bonds Nos. court that it paid out $270,000, but
drawn payable to the order of the
No.
9
refused to sign
1RB to 31RB, issued under date of District
State Treasurer of the State of
Jan. 1, 1936, due serially on Jan. bonds for $100,000 loan from the
Arizona.
The certified or cash¬
RFC.
It was from this loan that
1
from 1939 to 1956 incl., have
ier's check of the successful bid¬
District No. 17 expected to re¬
been
called
for
redemption on
der shall be retained by the Loan
Jan. 1, 1943, and should be pre¬ ceive $70,000 as District No. 9's
Commissioners of the State of
share of the expense.
The Chan¬
sented for payment, with Jan. 1,
Arizona to be applied upon the
a
$70,000
1943, and subsequent coupons at¬ cery Court awarded
purchase price of said bonds and
tached, at the City National Bank, judgment to District No. 17, and
shall be forfeited in the event
ordered that, if not paid in 10
Fort Smith.
days, District No. 9 must sign
Arkansas (State of)
bonds sufficient to pay the judg¬
INDEX
Old Bonds Redeemed—Eighteen ment.
Quotations:
Page
New York Stock Exchange
2096 of the last 38 highway bonds is¬
interest
of
rate
Issue
of
has this day de¬
quarterly dividend of fifteen cents
the capital stock of this Company,
$10,, payable January 2, 1943, to stock¬
cember
Urges Special Election On Rail¬
Commission
Board
a
share
per
Calif.
South
found' at
Bank of San
Two other bonds were
Diego.
by the State of Arizona in
made
District President
—
Francisco
way
Chase branch in London.
such bidder does not take up and
San
Rock, proposed
them over to the
sary
upon
The
clared
CALIFORNIA
Bank,
Mr. Storey
Ariz.
December 10, 1942
School
District
(P. O. Watson), Ark.
Chapel
No. 24
route to Little
that
(See Index Below)
pay
IRVING TRUST COMPANY
Watson
must
minster
Maricopa County (P. O. Phoenix),
DIVIDEND NOTICE
$800
Interest
J-J.
Bond Call
That bank,
ARIZONA
and
and wipe the old
pay
as
easy
bonds
QUOTATIONS
New
to
to
that. Owners of 1927
W.
Culpepper
is
notifying
exchange them for C.
1934 refunding bonds, which in bondholders that the district is
turn
must be presented to the calling for payment on Jan. 1, at
Chase
National
Bank
of
New par and accrued interest, $3,000
York, Mercantile Commerce Bank outstanding bonds issued under
and Trust Company of St. Louis date of Dec. 1, 1940, and being
or
the State Treasurer for re¬ bonds Nos. 3, 4, 5, and 6.
Bonds
must be presented, with Jan.
1,
demption.
Refunding Supervisor Frank A. 1943, and all subsequent coupons
Storey, Jr., has been seeking those attached, to the Simmons National
38
missing bonds more than a Bank, Pine Bluff, on or after Jan.
year.
Sixteen of them were lo¬ 1, 1943.
cated in the hands of the West¬
as
City News
New York Stock
1955
1958
bonds
an
obligations off the books.
Of course, the procedure is not
Corporation News
State and
from
from
now,
State
the
In This Issue
is worth
amount which
Refunding
Board is
these 20
of
Each
2082
Sachs
Goldman,
0.589%;
County (P. O. Bartow), Flcu
Refunding Of Road And
Polk
& Co.,
*
Plans
plus $5; Chase National
Bank 0.64%; First National Bank
Bridge Issues—The, Circuit Court
of Boston 0.67%." '
has
-0.61%
been
asked
pons.
by the Board of
validate
refunding
$101,000
bonds which are to be issued for
Delray Beach, Fla,
Bonds Purchased
of providing for the
payment of 1943 maturities on
various special road and bridge
districts bonds.
The refunding
bonds would mature to 1956, at
which time the operation of the
new
State gasoline tax amend¬
ment will provide funds for their
the
In connec¬
—
with the call for tenders on
tion
series
cf
7
Dec.
and/or B re¬
A
funding bonds, the City Clerk re¬
ihorized
Council ati-
the City
xhat
ports
the
purchase ,of
$15,000
bonds at 73 and interest.
•
Pierce
Fort
Dis¬
Drainage
Farms
the
of
above
It
also
is
expected
that the new bonds will bear re¬
Refunding Imminent—The
nancing
purpose
retirement.
trict, Fla.
••
of
total
a
refi-
East
Lakeland District No. 3, $28,000
completion with the filing Fort Meade District No. 10, $19,in Circuit Court at Fort Pierce of 000 Lakeland District No. 12, and
a
petition for the validation of $21,000
Crooked Lane District
$120,000 refunding bonds of the No. 14.
.district, a show-cause hearing on
which is to be held before Judge
Tallahassee, Fla.
A. O. Kanner on Dec. 22, accord¬
Bond Call—The City Commis¬
sioners have authorized the call¬
ing to press reports.
Under the refinancing plan, the ing for payment ..on. Jan. 1, 1943,;
district's bonded debt, in the priiw of 4%
sewer
and • electric light
cipal amount of $519,500, is to be bonds; issue of 1904.
.
,
,
,
-
.
.
"refunded for the sum of $157,000
cents
on
tion,
all
Dec.
on
.
Wauchula, Fla.
Debt Refinancing Hearing Post¬
approximately 30
the dollar; and, in addi¬
at the rate of
interest,
accrued
poned
which
will have reached ap¬
1
City
'
.
-
This
•
sum
is
now
Miami
The
on
reports
the
that
trict Court, Southern District of
Florida, at Tampa, in the city's
bankruptcy proceedings was post¬
by an
such
until
06%%
in
-
time
of the
proposed
have
filed
after
the
court
order of the
of
holders
as
affected by
claims
readjustment
debt
thereto
consents
and
'
■■
September entered an interlocu¬
tory decree in connection with the
district's bankruptcy - refinancing
plan,-which requires that all dis¬
bondholders
city
days'
settle¬
ment under the debt composition
;
plan.
notice
•
to
accept
ILLINOIS
.v^
■;
Hialeah, Fla.
Tenders
at least
has given
dissenting
creditors, if any, of the proposed
hearing in the matter.
; ; •
five
'
trict
Submitted—A
of
.
City
'/' *'
Chicago,
III.
■
Comptroller,
will
•
receive
refunding bonds, dated
Jan.
15, 1938, were offered fop
sale to the city in response to the
sealed
call for tenders of such bonds on
general obligation bonds maturing
on or prior to July 1, 1954.
-Only
tenders of not more than par and
S27,000
'
A-' A"V
■'
:;
<
.
Moline,
„
"
:
,
:
works
3%- water
sold
was
$74,000
revenue bonds
Nov.. 14
the, White-
to
Phillips Co. of Davenport. Denom.
in
$1,000. -Due
after
call
1957;-subject to
1943.
has
passed
.
a
town, township or
within the district.
All
county
shall
bidders
the
of
providing for an issue of $45,000
electric, light plant and - system
refunding revenue bonds.,
;
•
matters
School
Bicknell
Offering
—
City, Ind. ,
J. C. Silver,
to
be
of
and
the
gov¬
•'%:
'/Aj ;4;vA;;% 4
v-■; -■
Bond Offering—Knapp F.
thews,
City
.
Clerk
will
receive
p.m.
Mat¬
Auditor,
and
sealed
Dec.
;
'
m-."*
;
sey,
York,
of
$10,000
bid
100.51
.
Co.,-, Inc.,
New
price of 100.709,
a
about
1;366%.
annually.
of
bonds: of¬
awarded to Hal-
Stuart
as IV2S, at
basis
a
issue, of $100,-'
-relief
was
Due
Se.cond
for
1 M>s
high
made
was
by Arthur Perry & Co. of Boston.
Northampton, Massi' *{■
Note Offering—Albina L. Rich¬
City Treasurer, will receive
ard,
.
bids
until
the
for
5
p.m.
purchase
on
of
Dec.
$75,000
note issued in anticipation of rev¬
enue
for 1942.,
Dated Dec. 21,
1942 and due Aug.
include
must
20, 1943.
interest
Bids
date
to
of
on
until
bids
8
delivery and interest 011 a 360Dec. 14 for the purchase
days to the year basis is to follow
tees, will receive sealed bids un-.
of $27,304.66
special assessment
til 5 p.m. (CST) on Dec. 21 for
street impt. bonds, consisting of (and no offer to discount the loan
will be considered.
•;
the purchase of $4,000 4
% re-, issues of
$20,236.71 and $7,067.95.
funding bonds. Dated Jan. 1, 1943.
City will furnish the bonds; legal
Stoughton, Mass.
:
Denom. $500.
Due July 1, as fol¬
opinion to be provided by the suc¬
Note Sale—The issue of $100,lows: $1,000 in 1951 and 1952, and
of the
Secretary
of Trus¬
Board
-
.
...
,
.
cessful
1953." Bidder to name
interest, in a multiple
of lj\ of 1%
Interest J-J. 4 The
bonds are
unlimted tax obliga¬
$2,000 in
one
bidder..1,
000
KANSAs:44jV:'i4
.
the
J.;,x:;.''.v.4LVJ
Shawnee
County (P. O.
tional
Topeka),
offered
:
to
the
of
Bank
legal
discount.
Dec..
8
was
Merchants
Boston,
at
Na¬
0.43%
Dated Dec.,;
16,U942 and
Other bidders:
due Nov. 16, 1943.
opinion of
Matson, Ross, McCord & Ice of
Indianapolis will be furnished the
and
tions
notes
::
awarded
rate of
National. Bank
of Boston,
Bond Sale—A group composed
0.439%; Tyler & Co., 0.44%; R. W.
pf Beecroft, Cole & Co., Colum¬
successful
bidder at
the school bian Securities Corp., W. E. Davis Pressprich & Co., 0.45%; Norfolk
city's expense.
A certified check & Co., Estes, Snyder & Co. and County,: Trust Co., 0.45%; J First
Boston Corporation, 0.493%; Bos¬
for $200, payable to order of the Rhodes-Seltsam Co.,
all of To-r
ton ;Safe
Deposit & Trust .Co.,
school city, is required.
'
peka, recently purchased; an is¬
0.527% ; National Shawmut Bank,
sue of $65,000 refunding bonds, at
Lawrenceburg Flood Control Dis- par.
Due $13,000 on Aug. 1 from 0.53%; Harriman, Ripley & Cc.,
trict, Ind.
'
0.54%; R. L. Day & Co., 0.54%.
1944 to 1948 inch
Second
.
4Va%
dated
tenders
until
Bond
,
Dec.
of
22
refunding bonds of 1935,
July 1, .1934, or any other
John-'
W.
Offering—-Leo
Executive Secretary of the
Board of Commissioners, will re¬
son,
ceive
sealed
(CWT)
bids
21
Dec.
on
until
8
p.m:
for the pur-i
chase" of
$30,000 not to exceed
interest
f 1 o 0 d 7 control
314 %
works" bonds
of
Dated
1942.
Dee
15, 1942.; Denom. $500. Due $1,-4
500 on Jan. 1 and July 1 from
Bidder
terest
to
in
name
a
be
payment for
of
the
bank
bonds
or
Interest
rate
one
of
J-J.
!
Sale—The
Bond
;Ferndale, Mich.
of Kansas City
issue of
Was awarded on Dec. 7 an
$44,750 street improvement bonds
and
Is
ond
for
114s,
at a
Co.
Soden. &
100.068.
price
was
of
.
,
,
30
Dec.
company
City of Lawrenceburg
as
at
Lee
(P.
County
such
in the
he shalj
1, according to P. E. Hack¬
H.
Called—City Clerk
O'Donoghue calls for
ment
Jan.
pay¬
2.
1943, the follow¬
ing city certificates of indebted¬
on
ness :
Series
A, Nos. 6, 24, 60, 79, 88,
105, 119, 120, 125, 139 and 157.
Series B, Nos. 1, 9, 26, 45, 46,
,
61, 68, 69, 72, 73, 75, 92, 100, 105,
KENTUCKY
122, 124,129, 130, 137, 139, 147,: 154,
required to make
on
Certificates
T.
sec¬
high bidder, offering 100.558
l!4s.
in¬
and accept delivery
trust
-
City National
Bank & Trust Co.
as
MICHIGAN
(P. O. Kansas
County
multiple of 14 of 1%;
will
Bidder
incl.
1954
to
Wyandotte
.1:^4%':'City), Kan.
Beattyville),
Ky.
.
Bond
O.
Call—Elizabeth
Mattocks
County Clerk, announces that 5%
and
road
bridge refunding bonds
designate, unless earlier delivery
be
agreed to by the Executive NosJ 4 to 22, dated Jan. 1. 1940
ney, City Treasurer.
Action on
the tenders was postponed until accrued • interest
are called for payment on Jan. 1.
will. be - corn
Secretary.
Legality to be ap'-t
the next regular meeting of the sidered.
*
■
/•,*'< proved by-Matson, Ross, McCord 1943, at the Continental Illinois
: City
& Ice of Indianapolis,
Commission,
which
was
The LawJ National; Bank & Trust Co., Chi¬
Chicago Sanitary District, III. f renceburg Flood Control District cago, at par and accrued interest.
> scheduled for Dec. 8.
Offers were
Boiid Call— Frank O. Birney,
as
follows:
Allen & Co., New
is a special taxing district estab¬
LOUISIANA
York, $1,000 at price of $90 per District Treasurer, announces the lished by decree of the Dearborn
S100; Middendorf & Co., Cmciny call for payment on Jan. 1, 1943, Circuit Court under the,. pro.vH
\ j
New Orleans, La.
*
nati, $12,000 at 90, Heinzelmann of the following district bonds: < sions of Chapter 23 of the Acts of
Certificates
Drawn
For
Re¬
f &
Ripley of New York, $2,100 at
Series B, - Refunding, 4 ¥2 %, to 1939, and said bonds are. being
89, Emerson & Cook of Palm the amount of $1,506,500.
issued pursuant to the provisions demption^—Commissioner: of Pub¬
lic Finance Jess S. Cave announces
Beach, $6,100 at 87.50 and E. H.
;
Series B, Refunding, A>k % / to of said act - and Bond Resolution
that certain numbered 2%'% re¬
Pringle
&
Co.
of
Charleston, the amount of $2,600,000.
No. 2 adopted-on the 25 th day of)
S6,000 at 86.
Series B, Refunding, 4%, to the November, 1942, by the Board of funding paving, Series B, certifi¬
cates of 1939, aggregating $195,000,
Commissioners, of said
district,
1 Marion County (P. O. Ocala), Fla. amount of $1,394,000.
drawn by. lot, are called for pay¬
Series C, Refunding, 214%, to for the purpose of obtaining funds
Bond Sale—The $232,000 coument at par and accrued interest,
the amount of $275,000.
*' to pay outstanding warrants here¬
1 pon refunding road, second series
on
Jan. 1,
1943.
Dated July 1,
issued
to
Series D, Refunding, 2%, to the tofore
procure
funds
| bonds offered Dec. 5—v. 156, p.
1939. Denom. $1,000.
Due Jan. 1.
amount of $375,000.
• hecessary fpr use prior to; the is-;
1729—were
awarded
to
Leedy,
1951.
Said certificates should be
Series E, Refunding, 2%, to the suance of bonds, the cost of lands
Wheeler & Co. of Orlando, as
I '• used in .the; construction of flood presented for payment, with all
-2%s,
Dated Dec. 15, 1942. "Due amohnt of $150,000.
Series 1, Construction, 214%, to control works and incidental ex¬ unmatured coupons attached, at
Dec. 15, 1959; callable at par an<I
■ »
\ penses
incurred
in
connection any of the places of payment
5
accrued interest on Dec. 15, 1952, the amount of $65,000.
Series 2, Construction, 214%,:to with such construction and the designated : on the face thereof.
or
on * any
subsequent interest
the amount of $210,000.
{. 1 issuance of bonds. :The cost of The certificates called bear the
••
municipal
17
VWaterloo, Io wa
Sale—The
Bond
sealed
IOWA
Chelsea; Mass/
fered Dec. 8
and
all other
to or affecting
relating
the. bonds."
•
Bond
provisions
resolution
,
INDIANA
deemed
be
;
'
000
city,
any
City erning-statutes,
ordinance
an
•'
.
basis
taxable
property
district, and do not
corporate obligation
authorizing
Authorized— The
Council
constitute
of
ad valorem
an
the
the
within
advised
McLeansboro, III.
Bonds
of
all
on
MASSACHUSETTS
;•,
are
.
collected oh
.
Bonds Sold—An issue of
1945
Tenders Wanted—R. B. Upham,
total
payable out of unlimited, special
benefit taxes to be levied and
_
poned
.he
Court
Attorney,
W. Whitehurst,
originally scheduled for
Nov. 16 before Judge William J,
Barker of the United States Dis¬
hand.
Federal
Wilbur
—
hearing
proximately $300,000, is to be can¬
celed altogether, it was said.
The RFC, the report continued,
will purchase the $120,000 refund¬
ing bond issue and the district
will provide $37,000 in cash.
In
addition, it is required to have on
hand
$7,000 to meet the first
year's interest on the new bonds.
4,The above described bonds
date
on
refunded consists of $33,000
to be
V nearer
or
•
ceased
•
bonds
interest rates.The
duced
the bonded debt of
district moved a step
■
v
■
cou¬
interest
subsequent
Interest
/
called.
County Commissioners to
FLORIDA
all
and
184, 216,' 232, 243, 259, 267,
274:.r;:-.
Said certificates should
sented
for' payment
Treasurer's office
at
and
be pre¬
the
City
at the Fern-
or
Wabeek
State
Lincoln Park School District,
Mich.
dale branch of the
Bank.
v
-
'
»
•
•
Certificates Purchased—Jn
con¬
for tenders
certificates of in¬
dated Nov. 1, 1935,
and due on Nov.
Dec.; 9
of
debtedness,
and May 1, 1937,
1, 1945, Refunding Agent Matthew
Carey reports: that the district
$19,193.19 certificates
price of 89.66.:
: ^
purchased
at
an
average
•
.
the call
with
nection
on
•
Ontonagon,
.
,
Mich.
Bonds Voted-rAn issue of $25,000
hospital bonds was approved
by the voters
Nov.
at an
election on
*:
24.
Township U hi on School
District No. I, Mich.
: f '
Redford
v
Bond
Call—Secretary Board of
Education Bernard Hiller calls for
.
.
j
date.
J;
Robert Hawkins &
ton
participated
in
Co.
Series 3,
of Bos¬
Construction, 214%,; to
the amount of $50,000.
the
.
.
j
j
purchase;
The $65,000 214% Series 1 Con¬
bonds, which were sold at
struction bonds were optioned on
a price of 95.02, a basis af about
July 1, 1942; all others on Jan. 1,
2.84%. Other bids:
of the
■v
construction
of the
flood
control
works is being borne by the Fed¬
eral Government, and said works
following numbers:
/■HO
;
•.;;64'77'
"";
■
;'
•
25
21.
42-453
79
95
107
-57." 60
108
122
redemption on Jan.-1, refunding;
Series A, B, and C bonds, to the
amount; of' $467,252.51, being all
bonds outstanding of that issue,
.
dated
1, 1937, maturing Jan.*
Jan.
129
134
150
151
159 197 212 1, 1965, optional on Jan. 1, or
of construction
July 1, of any year. Bonds should
Department of thp .218 257 273 279 287 310 313
be presented for payment at the
320. 328. 330
339 341
356 359
The vdisf
1943.
Holders of these bonds are Federal Government.
Detroit. Trust ,Co.; Detroit,- with
^
For 2%% Bonds
385
391
405 457 487
notified to present them for pay¬ trict includes the major portion of ''362; 371
all
unpaid interest coupons; at¬
;
Bidder—
Rate Bid ment at the First National
the territory within the corporate
490
495
518
529 534 548 567
Bank,
tached. All interest on said bonds
B. E. Crummer & Co.____ 98.06 /
limits of the City of Lawrencef.'
582 ' 584
586 .592, 601
603 632
Chicago.
:
will cease on and after Jan. 1,
Clyde C. Pierce Corp.____ 97.65
burg, a portion of the territory, 655' 660 669 677 686 691 693
1943.
Cock County (P. O. Chicago), III.
Bobinson-Humphrey
Co.,
within the corporate limits of the695
706
714 : 719
727 742 745
Trust.
Co. of Georgia,
Non-High School District 216 Town. of. Greendale, and a pori.750
773
794
812. 828 831
842
MINNESOTA
Bonds Called—County Treasurer tion of. the
Atlanta, and Shields &
849
852
871
882 , 888 890 892
unincorporated terrir
John Toman calls for payment >on tory in Lawrenceburg Township,
Co., jointly
97.09
■>\ r' Moorhead, Minn.
f
894 -901
933
935
949 955 957
Certificate
John
Nuveen
&
Offering — R. G.
Dec. 1, 1943, District No. 216, re¬ the assessed valuation of taxable
Co.,
963
987 1049 1068 1100 1103 1107
and
Starkweather
&
'■{* f/>r funding * bonds Nos. *81- to
90, property in the district being ap¬ 1125 1140 1144 1175 1186 1196 1200 Price, City Clerk, will receive
sealed bids until 8 p.m. on Dec.
Co., jointly
96.80
414%; Nos. 91 to 100, 4%., and proximately
$9,500,000.00.
The 1216 1230 1233 1243 1245 1253 1301
14
for
the purchase
Nos. i01 to 110, 314%, J. & D., district has no outstanding obli¬ 1305 1344 1363 1377 1389 1400 1409
of $25,000
For 3%
Bonds
to the amount of $30,000.
Dated gations at this time other than 1437 1462 1486 1509 1519 1521 1528 local improvement certificates of
B. E. Crummer & Co.___100.57 ;
indebtedness.Dated Dec.-1, 1942.
June 1, 1940. Denom. $1,000. Due the
obligations to be paid from 1541 1577 1578 1581 1582 1590 1592
Atwill & Co._
99.60
June I.. 1960.
Payment of the the proceeds of..the above de¬ 1593 1623 1628 1643 1653 1663 1664 Denoni. $500. Due $5,000 on Dec.
Braun, Bosworth & Co.,
principal amount, together with scribed bonds, and bonds in the 1672 1674 1716 1730 1732 1755 1769 1 from 1944 to 1948 incl. Interest,
Weil,
Roth
&
Irving
*
" \
J-D. " .City reserves the right to
accrued
interest
thereon
up
to amount of $160,000.00 heretofore, 1774 1778 1799 1845 1846 1855 1861
Co., and Seasongood &
and including Dec. 1, 1943, will issued under date of April
1, -1941. 1869 1870 1875 1883 1893 1895 1918 prepay any or all of the certifi¬
Mayer, jointly_____
98.27
on
be made on presentation of said The governing statute permits the 1930 1936 1943 1958 2011 2029 2037 cates
any
interest payment
For 3K>% Bonds
Bidder must agree to take
bonds at the First National Bank issuance of bonds up to three, per 2043 .2046 2051 2060 2062 2090 2113 date.
T. Nelson O'Rourke, and
of Chicago.
certificates
or
such
part
Bonds must be pre¬ cent (3%) of the total assessed 2128 2133 2140 2148 2151 2152 2162 the
Welsh,
Davis
&
Co.,
sented
in
negotiable form and valuation of property within the 2170 2175 2179 2184 2191 2206 2216 thereof as the city may issue from
time to time as funds are needed'.
991 ft 9997 999.Q 9935 9265 2332
should have attached Dec. 1, 1943, district.
jointly
—100.27
•
'
are
now
by
the
in
course
War
'
.
...
,
.
.
_____
:
____
v
.
..
Jl
offered
warrants
warded
the
to
7
Dec.
were
Northwestern Na¬
tional Bank & Trust Co. of Min¬
neapolis,
basis
a
2s, at a price of 100.51,
of about 1.92%.
Dated
as
15, 1942.
One bond for $300,
others $500 each.
Due Dec. 15,
Dec.
$300 in 1944 and $500
from 1945 to 1954 incl.
Interest
follows:
as
Legality approved by Flet¬
J-D.
and issued, cus,-Kindred & Co. of Chicago,
be put into jointly, as 3.30s, at a price of
one
single bond or divided; into ,100.21, a basis of about 3.276%.
several
bonds, as the Board of Dated Nov. 1, 1942 and due on
bonds
tion
St. Louis Park, Minn.
Warrant Sale—The $5,800 sewer
,
the
the
of issue;
If
100.14,
Awarded—
basis of about 1.43%.
1, 1942, and due $3,000
a
Dated Dec.
from 1943 to 1945 incl.
1
Dec.
on
high bid of 100.11 for. l%s
was made by the Allison-Williams
Co. of Minneapolis.
Second
until
bids
receive
will
Clerk
lage
for
22
Dec.
and
issued
are
The
$1,000 each.
of $8,-'
sum
Vil¬
sealed
the
pur¬
for
sold
less
not
than
their
Board's- Report
/District No. 25 (P. O. Craig), ;
Y:Y '/, Y /'•>'"Mont.
;YYy:•;;"\]v'
Dec.
Dodge
Counties
School District No.
Joint
(P. O....
63
Blooming Prairie), Minn.
Bond Sale—The issue of $34,000
offered Dec. 7
awarded to the Park-Shaughbonds
refunding
was
& Co., of St. Paul, as lVi&,
at a price of 101.17, a basis of
about 1.33%.
Second high bid
of 101.16 for IV2S was made by
the First National Bank and the
nessy
Farmers &
Merchants;State Bank,
both of Blooming
Prairie, in joint
'/ /Y'
account.'
Denomina¬
tion $1,000.
Due Jan. 1, as fol¬
lows:
$2,000 in 1944 to 1950, and
$5,000 in 1951 to 1954. * Bidders to
Dated Dec. 1,
1942.
the rate of interest.
name
Prin¬
cipal and interest payable at any
suitable bank or trust company
designated by the successful bid¬
der.
The approving opinion of
'Fletcher, Dorsey, Barker, Colman
& Barber, of Minneapolis, will be
The bonds will be de¬
furnished.
after the
date of sale at Minneapolis or St.
livered
within
30
days
Pauh
for
19
not
412.09
the
MISSISSIPPI
ders
Postponed—Elec¬
tion : on
the
proposal to issue
$487,000 revenue bonds to proVide the city's share of the pur¬
chase price
of the natural gas
system of the Southwestern Gas
&
Electric
Co., was postponed
from Dec. 8 to Feb.
Also par¬
1.
ticipating in the project are the
cities of Gulf port and Pass Chris¬
tian and these units were sched¬
uled to
conduct elections on Dec.
bond
on
heir share
issues
to
provide
of the total
for
purchase
000
an
000
|
In
funding bonds, authorized at
election on Oct. 27; has been
demnation
"from
the newly
JERSEY
NEW
sell
partial
payment
taxes
Township School-District'
(P. O. Boonton), N. J.
1
Boonton
home
plan,
*
interest
or-
free
Deepwater, Mo.
Sale—An issue of $30,000
refunding
314%
water
works
bonds was sold on Nov. 20 to
tion.
A'/Y;
:
the
have
proved by Charles & Trauernicht
refunding
of St. Louis.
Ingeni
Glacier
'
No.
IS
School District
(P. O. Cut Bank), Mont.
Bond
Offering
—
Myrtle
H.
Davis, District Clerk, will receive
sealed bids until 10 a.m. on Dec.
the purchase of $24,000 not
exceed 3%% interest refund¬
ing bonds.
Interest F-A.
Dated
1943. Amortization bonds
Will be the first choice and serial
bonds will be the second choice
of the School Board.
If amortiza¬
Feb. 1,
on
bonds
are
June
1,
in
in
in
an
date
York.
&
.
by
,
•
.
taxes
$417,358.16,
Fairview, N. J.
Sale—The $385,000
amount
cou¬
registered general refund¬
ing bonds offered Dec. 7—vY156,
p. 1908—were awarded to J. B.
Hanauer & Co., Newark, and Bar-
979.01.
"
■
Y/i
pon or
"y
$621,761.03.
now
New!
"
\Y.'.
.
Bond
to
1942
-
;
to
amount
of
authorized
was
Finance
passed by the
last May, and
Frankel, in association with
who is also an attorney,
almost immediately took the mat¬
ter into
"
Harry
Part
court, first before Justice
Heher and
then before
The dismissal
the court
::
Counsel
City
F.
John
Evans
represented Paterson in the sev¬
eral
legal' skirmishes with the
petitioners, who claimed that the
items purchased
J.
Miller,
Sal e—Paul
through bonding
1940 taxes
1939 taxes
&
Bank
$50,000 each to the Poughkeepsie
Trust Co. and the Vassar Bank,
Poughkeepsie.
The
notes
are
dated Dec. 2,
1942 and mature
May 1, 1943. Other bids: Pough¬
keepsie Savings Bank, for $150,000
at
1%?
interest, and Farmers
National
Bank
&
Manufacturers
of
Poughkeepsie, $100,000 at 1%.
Fulton, N.
Issue
Y.
Approved
Refunding
issue
State
011
Comptroller's office.
Due
1, as follows: $5,000 from
to 1958 incl. and $4,000 in
Jan.
1949
1959.
...
paid for out of
funds. Y Other items in¬
current
included
volved
and
vator
City Hall ele¬
around the
Mr.
Evans
properly
raceway.
items
a
fence
a
/were
city
the
and
that
to
make
was
said the
bondable
compelled
improvements
the
quickly because of the element of
public safety.
'■ - ■Pennsauken
Township (P. O.
Pennsauken), N. J.
Bond Issue
Canceled—The State
Funding Commission on Nov.
approved
a
resolution
of
30
the
township committee for the can¬
cellation of a $49,000 refunding
dated June 1, 1941.
bond issue,
Niagara Falls, N. Y.
Certificate
H.
Offering
—
Charles
Brown, Jr., City Manager, will
receive
a.m.
sealed
(EWT)
bids
on
until
Dec.
11:30
14 for
the
purchase of $68,000 not to exceed
5% interest certificate of indebt¬
edness loan.
Due
Dated Dec.
15, 1942.
Dec.
1, 1943.
Principal and
interest
payable at the Marine
Midland
Trust
Co., New York
City.
Issued on account of un¬
paid taxes for the current fiscal
year.
Bidder to name rate of in¬
terest in a multiple of one onehundredths of 1%.
Legal opin¬
ion
of
Dillon,
Vandewater
&
Moore of New York City, will be
furnished the successful bidder.
NEW MEXICO
Peekskill, N. Y.
Socorro, N. Mex.
Sale
Bond
Call—General-refunding
Bond
11, 14 to
NEW YORK
Amherst
Common
School
District
13
per,-
District
sealed
on
bids
Dec.
16
Clerk,
until
for
4
the
will receive
(EWT)
p.m.
purchase
of
$126,-
awarded
Dec. 3 to a group composed of
C. F. Childs & Co., Sherwood &
Co. and Newburger, Loeb & Co.,
all
of
New
as 1.70s, at a
basis of about
reported in v. 156, p.
York,
price of 100.16, a
I.68%),
as
further
Dated
described
Dec.
15,
$6,237.77 in 1944; $6,000 from 1945
1949 incl. and $9,000 from 1950
to 1959 incl.
Principal and inter¬
to
est
(M-N)
chester
Peekskill,
change.
payable at the West¬
National Bank,
County
with New York ex¬
Legality approved by
and Financial Chronicle (Reg. U. S. Patent Office) Williafn B. Dana Company, Publishers, 25 Spruce Street, New York, BEekman 3-3341. Herbert D. Seibert, Editor and Publisher:
Seibert, President: William D. Riggs, Business Manager. Published twice a week [every Thursday (general news and advertising issue) with a statistical issue on Monday]. Other
Chicago—In charge of Fred H. Gray, Western Representative, Field Building (Telephone State 0613) London—Edwards & Smith, 1 Drapers' Gardens, London, E.C. Copyright 1942 by William
Dana Company. Reentered as second-class matter February 25, 1942, at the nost office at New York, N. Y., under the Act of March 3, 1879.
Subscriptions in United States and Possessions.
William Dana
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 Spain),
and Africa, $31.00 per year
NOTE* On account of the fluctuations In the rates of exchange, remittances for foreign subscriptions and advertisements must bp made in New York
as
1942.
Bond No. 1 for $237.77 in type¬
written
form; others in $1,000
denoms.
Due May 1, as follows:
follows:
(P. O. Eggertville), N. Y.
Bond Offering—Arthur E. Pop¬
No.
Details—The
237.77 general city bonds
Commercial
B.
—
of
$54,000 refunding
bonds has been approved by the
1996—are
to
National
Co.,'Poughkeepsie, and First
National Bank of Poughkeepsie;
should have been
$14,000 not to exceed 5% inter¬
now
amount
to
$550,266.23, or est refunding bonds. Dated Nov.
83,39% of the levy of $659,849.91.11, 1942.
Due Nov. 1, 1948.
One
"Collections of .assessments rerate of interest, in multiples of lA
*"
Pough-
Trust
An
19, and 21 to 34, were called for
payment on Dec. 1, 1942, at the
First
National Bank of Belen.
Dated Dec. 1, 1922.
Due Dec. 1,
1952.
Optional Dec. 1, 1942.
or
y
County (P. O.
keepsie), N. Y.
Note
issued by
was
banc.
en
or
$547,137.83, or
83.98% of the levy of $651,540.71.
-•
Dutchess
II, consisting of three mem¬
bers.
5% bonds Nos. 1 to 3, 9 to
*
"Total- collections of
air
■
$536,619.53,
"Total collections of
now,:
of
to
of the 1941 levy of $625,•
issue
ordinance
an
"Total collections of 1941 taxes
Hawkins,( 85.72%
Longfellow,: of
;
amount
of
,
,
his wife,
Y;;;y
990.28, or 65.14% bf the 1941 levy
of
bond
the borough
YV;:YY;
y
.
,
,
.
Board
>
as
approved
Delafield
recorded:
"Collections
York,
'414%
equal
follows: $5,000
1950, $15,000 in; 1951, $25,000
1953, $50,000 in 1954, $55,000
1955, and $22,000 in 1956.' Le¬
gality
tax collections by
Co. offered 100.10 for 2s.
&
bearing 0.75%? interest,
following:
$100,000 each
Nov.-23, the following report
were
B. J. Van
Government
&
Fallkill
Mr.
of
69.76%'of the. 1942 levy of $598,4'^s/ The' 264.30. Collections of 1941 taxes
dated Nov. 1, 1942.; for a similar period were $404,-
bonds for
amount of outstanding
21 fof
to
—
Co,, Inc., iNew
exchanged $172,000
Due
County
on
&
new
MONTANA
;
Cliffside Park, N. J.
Bonds Exchanged
Municipal Bond Corp. of Alton.
Dated July 1, 1942.
Interest F-A.
Due Feb. 1, 1958.
Legality ap¬
the-Local
Buffalo, and R.
Co.,
New
York,
jointly, as IV2S, at a price of
100.146, a basis of about 1.41%?.
Dated Dec. 15, 1942 and due on
May 1 from 1944 to 1948 incl.
Only one other bid was received,
an account composed of Hemphill,
Noyes & Co. and Spencer, Trask
White
D.;
the
Board
a
of
rine Trust Co. of
the
in
balance until
has been abandoned for the dura¬
p.
Ma¬
to
The
.
Bond
156,
the
to
to
purchase
school bldg.
MISSOURI
7—v.
awarded
tion notes,
Petition—The New
raid sirens.
priority to'erect the' press; has attracted inquiries from
hundreds of future home build-;
addition, for which a1
Yy '■" y.Y7i
$44,000 3% bond, issue was auth-' ers.YY,,orized at an election on Nov.' 24,''
WrCYYvY Fort Lee, N. J. pv>Y':YY:
1941. /, The project, accordingly,'
Tax Collections-—At a meeting
obtain
Dec.
offered
1996—were
,
oi a $39,000 bond issue, part of
which
covered
building can be re¬
Project Abandoned—The Clerk sumed.; - This new plan, which
of the Board of Education reports' has received widespread comment
and approval in the metropolitan
that the district has been unable ■
to
&
bonds
$147,679.28
registered general town
coupon' or
County Treasurer, reports the re¬
cent sale of $300,000 tax anticipa¬
**
delinquent
on
Stuart
Y.
The
—
dismissed, without comment, the
on; the
sites
bonds.
Sale
petition
of
Attorney
Leopold
Frankel for review of the legality
gave
to
Halsey,
Croton-On-Hud-
O.
Jersey Supreme Court on Nov. 19
its full approval to
inaugurated plan of the
court
,
incl.
Bond Legality
The
Board
;
.
improvement
(P.
Bond
J.
State Supreme Court Dismisses
activities
anyone.
The offer¬
Pater son, N.
that
its
$207,000
Co., Inc., New York, was second
high bidder, offering a price of
101.538 for $204,000 2%s.
complimenting the Board on
on
bid¬
of $205,000 bonds
price, of 101.016, a
a
and
of
son), N.
serially on Dec. 1 from 1943
1958
to
year's efforts, the court stated
it had received very favor¬
its
at
general
Due
eight
of
section
of
Co.
Trust
Co.
-
ing consisted of $129,000 series D
school refunding bonds and $78,-
entire blocks in the Palisade Gar¬
den
offering
basis of about 1.887%.
Hay Springs, Neb. ;■,YY Y from a number of sources with¬
Sold—An issue of $41$** out one word of criticism or con¬
sold.
offering
total
a
2s,
3s
projects that, had to be post¬
able;; comment
Bonds
City also
Dec. 8—v. 156, p. 1909—
on
&
Bank
Trust
Buffalo,
jointly, 0.65%, plus $27.
First
Boston Corp., F. S. Moseley & Co.
and
R.
W.
Pressprich & Co.,
0.68%, plus $39.
$424,County
successful
Traders
&
of
Chemical
Marine
Associates,
bonds,
were
the
at
taking
Among
embracing
Newark
bonds
the
owing., to
building operations
$2,500,000 * and
NEBRASKA
Bond Election
8
on
-
.
Biloxi, Miss.
for
of
will be redeemable in full on any
*
<
Hudson
1909—were awarded
p.
Manufacturers
Co.
Cortlandt
Gardens
development,
providing for the expenditure of
•
/.
The
156,
Buffalo, at 0.63%
interest, plus a premium of $36.
Dated Dec. 15, 1942 and due June
15,
1943.
Other
bids:
Chase
National
Bank
of
New
York,
100.3091 for
was
$2,-
certifi¬
anticipation
tax
the
to
Trust
Irvington, N. J.
Bond Sale—J. S. Rippel & Co.
Y
the-borough.
The
project cannot be completed; al¬
bonds will be the first choice and
though much of the work involv¬
serial bonds will be the second
ing
vital
strategic
materials—
choice of the. School Board.
.If
such
as
sewers,' gas,
electricity
amortization bonds are sold and
and water facilities, etc., has al¬
issued, the entire issue may be
ready been completed. The Board;
put
into
one
single bond / or
however, concluded a fairly suc¬
divided into several bonds, as the,
cessful year, its activities having
Board of Trustees may determine
resulted in the issuance of buildupon, at
the time of sale, both
ing
permits ' aggregating
more
principal and interest to be pay¬
than $2,500,000, and restoration to'
able in semi-annual installments
the tax rolls of property assessed
during a period of 11 years -and
at $80,000.
Interest on the fund¬
six months from the date of issue.
ing •; warrants in the amount of
If serial bonds are issued and
$26,431.58 was paid during' the
sold they will be in the amount
year, and
in addition approxi¬
of
$700 each,
except the first:
mately; $26,000 of such warrants
bond which will be in the amount
were
purchased and cancelled—
of $712.09; the sum of $712.09, of
this being the first year in which
the serial bonds will become pay¬
any of the warrants
have been
able on the first day of June, 1943,
retired. Cash on hand at the yearand the sum of $700 will become
end/according
to
the
report
payable on the same day each
audited
by
Haskins
&
Sells,
year .thereafter until all of such
amounted to $36,140.21, compared
bonds
are
paid.
The
bonds,
with a cash balance of $37,737.90
whether
amortization* or serial,
at the close, of the preceding year.
payment date. V:
4—v.
bid
and
$424,000
100.309 for 2%s.
Colonial.
purchase of $8,^
exceed 5 Vz% inter¬
Dated Dec.
interest
York,
2%s.
bid
poned was the widely publicized
refunding bonds. Interest J-D
1, 1942; Amortization
est
Board
because, of war conditions.
the
to
the
restrictions
.
Offering—Beatrice Farns-
Bond
was
high
National Bank of Jersey
-
for
one:
School
County
780,000
to 1967
for the
made by Blair & Co.,
New
000
of
cates of indebtedness offered Dec.
Dated
frorm 1958
Second
whose offer
■
Clark
2.71%.
about
$20,000
incl.
Inc.,
Co.,
Letchworth
&
Bass
Buffalo, N. Y.
Certificates Awarded—The
riod from.Oct.
17, 1941, to Oct. 16,
interest.
En¬ 1942, was approved by Federal
close a certified check for $1,200;; Judge Guy L. Fake on Nov. 30.
payable to the order of the Dis¬ The", .report noted that the past
trict Clerk. •
1
YY.Y ;,"< year was an .extremely difficult
and
of
basis
incl.;
an¬
and accrued
value
ma¬
1, 1942 and due Dec. 1, as
follows: $l5,000 from 1943 to 1957
accounting of the Board of
Liquidation for the borough, cov¬
ering operations during the pe¬
receive sealed bids until 7 p.m. 011
and
third
The
$425,000
2%s, at a price of 100.389,
as
,,
—
Mitchell,
Dec.
nual
par
improve¬
Steele
York,
issue
Trust
Buffalo.
bonds, 4th series, offered Dec. 10
—v.
156, p. 1995—were awarded
to Halsey, Stuart & Co., Inc., New
B.
Paj^able at Man¬
Traders
&
Buffalo, with New York exchange.
Legal opinion of Kenebick, Cooke,
(P. O. Jersey
Sale—The
Bond
of
bonds, will be redeemable in full
on
any
interest payment
date
trom and after \xk years from the
date of issue.
The bonds will be
ufacturers
ternity hospital and nurses' home
a
l/10th of 1%.
or
31
com
City), N. J.
.
payable on Feb. l; 1944, and
sum
ment certificates of indebtedness.
$30,000 street
Hudson County
J. Van Ingen & Co., Inc., and As¬
$8,000 will become sociates, $383,000 at 100.54; Shields
& Co., and Associates, $384,000 at
payable on the same day each'
100.28.
y
Y
year thereafter until'all of such
bonds
are
paid;:. The • bonds, //Y/vYY Fort Lee, N. J.
Y',;Y:YY
whether
amortization
or
serial
Court
Approves
Liquidation
the
as
with
$9,254.29
collected
during a similar period in 1941."
com¬
Bids for 3V2S:
Oct.
to
$5,203.26
pared
posed- bf Paine, Webber, Jackson
& Curtis, Campbell, Phelps & Co.,
J. S. Rippel-& Co., and Rogers,
worth, Acting District Clerk, will
of
chase
syndicate
a
serial bonds will be-' Gordon & Co.
000 of said
Lewis
Spring Grove, Minn.
Certificate Offering—The
;
bonds
they will be in the amount
by
.
156, p. 1818—were awarded to the
.First National Bank & Trust Co.
of Minneapolis, as V/zs, at a price
of
made
was
1942
to
sale,
•
serial
sold
come
Improvement Issue
of
in
amounted
may
time
high bid of 100.37 for 2s was made
by Kalman & Co. of Minneapolis.
The $9,000 issue of street improve¬
ment orders offered Nov. 23—v.
1 ceivable
may
determine upon at -Nov, 1' from 1949 to 1956 incl.
both" principal Bonds maturing in 1956 redeem¬
able in inverse numerical order
and interest to
be payable! in
Second high
semi-annual installments during a at borough's option.
period of three years from date bid of 100.28 for $384,000 3.40s
Trustees
cher, Dorsey, Barker, Colman &
Barber of Minneapolis.
Second
Minn.
sold
are
entire issue
of
St. Louis Park,
2083
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4133
Volume 156
Asia, Austrad*
funds
THE COMMERCIAL & FINANCIAL CHRONICLE
2084
Moore of
&
Vandewater
Dillon,
will
Bonds
and
to take over the
in
be
form
coupon
registered bonds, and will be valid
and legally binding general obli¬
gations of the city, all the taxable
property within which will
be subject to the levy of ad val¬
said bonds and
thereon, without limita¬
to rate or amount.
Said
taxes to pay
interest
tion
as
bonds
pursuant
issued
are
to
653 of the New York
1941, lor the purpose of
Chapter
Laws of
Johnson
providing funds to pay the city's
share of obligations chargeable to
the city as fixed by the Board of
Auditors
created to
adjust the
has
units
collect
to
been
prodding local
delinquent taxes.
The
Buncombe
the
ville), N. C.
Bonds Purchased
Fund
the Sinking
reports that
for tenders on Nov. 27 of
bonds of the county and
of its local subdivisions
the call
various
certain
following
the
required to
reduce
surplus money
the
following
use
taxes
1943,
1,
dated
July
follows: On
as
$11,000
water
1, 1935, denom.
due July 1 from 1948 to 1955
March
5s,
$500,
inch;
1,
1943, $12,000 water
5s, dated Sept. 1, 1935, and due
on and after Sept. 1, 1943.
on
Authorized
Bonds
The
—
City
sue
Johnson
must
ments
reduced
could
pur¬
said,
"and govern¬
prepare for greatly
incomes.
be
refunding,
That
with
met
Government
notes."
County
1931 law
structures
20.8%
Jan.
Council recently authorized an is¬
Mr.
chases:
Buncombe
a
in
payment of bonds,
"Everybody knows there's going
to be an upheaval after the war,"
purchase by their respective
sinking funds—v. 156, p. 1730—
in
Under
government
Treasurer, announces the call for
year.
for
resulted
local
are
Secretary of
Commission,
num,
favorable
was
units rang up a consid¬
to
Curtis By-
—
some
erable surplus.
Ashe-
O.
(P.
County
result, he said,
and
CAROLINA
NORTH
real
orem
For the last several months Mr.
.
and supervision.
maintenance
be converted into fully
may
county's parkway
system and pay the costs of such
New York City.
Monday, December 14, 1942
bonds
Mr.
said
he
did
County, Ore.
Issue In Litigation—The
Bond
buying the 26-year
$170,000, at 40.40.
'"v."
(War Bonds which the Federal
City of Asheville general re¬ Government has announced would
funding, $144,638.80, at 40.87.
be issued to States and local units.
out of the incorporation of the
City of Asheville Series 2 re¬ The money, he said, would be
City of Peekskill from the terri¬
funding, $648.95, at 64.00.
needed before the paper was due
tory of the town, the period of
City of Asheville Series 2 fund¬ and the Government would not be
probable usefulness of which is
ing, $146.16, at 40.00.
greatly helped by earlier liquidatwenty years.
Said city has a
Asheville Local Tax School Dis¬ tion.
special charter, Chapter 194 of the trict
refunding, $15,000, at 59.84.
Laws of 1938, as amended.
Biltmore
Special School Tax Sampson County (P. O. Clinton),
N. C.
District
Port Chester, N. Y.
refunding,
$16,000,
at
Bond Sale
The $82,000 road
Note Sale—The $136,000 notes
57.00.;
v.1-'
;
bridge refunding bonds of¬
Reems Creek Township Special and
offered Dec. 4 were awarded to
Tax
District
refunding, fered Dec. 8—v. 156, p. 1996—
Goldman, Sachs , & Co. of New School
rights and liabilities of said city
and the town of Cortlandt arising
,
22-page report, discloses
the
1930
and
an
peak
Oct.
to
accompanying
34.7%
in
the
Irving Trust Co. of Port Chester,
second high bidder, named a> rate
of
0.67%.'
$2,000, at 62.50. V
Washington
The
months.
six
Due' in
interest.
York, at 0.62%
:
I,
-
'
.
(P. O. White
Plains), N. Y.
of Debt
Refunding—The Civic League of
Consideration
Urges
Westchester
from
23
in
statement Nov.
a
H.
James
of
Moseley
Yonkers, president, declared that
.while it does not ,at this time
take a definite stand that county
bonds should be refinanced, the
''unpalatable as it is,"
serious consider¬
proposal came from;
Supervisor Ralph A. McClelland
solution,
should be given
The
ation.
assessed
"But for the fact that the curve
debt service
of
payments is now
turning downward after passing a
tremendous
peak,"
wrote
Mr.
-Moseley, "our organization would
not
even
consider a refunding
Immediate reductions
plan.
ap¬
proximate $100,000 per year and
rise
is
tax
as
a
reflected
for
accounted
revenue
in
the
27.2%
more
than $500,000
We would, furthermore,
nothing more than consider
the problem each year on its own
do
merits.
"We
would
follow
not
McClelland's
visor
Super¬
of
suggestion
approaching the bond holders but
would
simply pay off all the
bonds maturing in 1943, approxi¬
mately $2,600,000, and sell a new
issue
of
$500,000 of refunding
bonds
payable
over
a
10-year
period beginning in 1945 at the
rate of $50,000 per year. We are
informed that such
be
sold
at
an
lVi%
about
or
"Taxpayers
faced
with
in 1943.
an
issue could
interest
$7,500 per year.
going
are
tremendous
a
of
cost
to
District
from
refunding, $1,000, at 39.10.
South
Buncombe
per
an
increase of
more
than 100
cent in Federal income taxes.
Red
Most
of
Cross,
USO,
such
contributions,
etc.
citizens
have
Surely
county officials and the Board of
Supervisors
should
find
some
method to prevent an increase in
the county tax levy.
/
"If this is not done many own¬
ers
of real estate, may
to
pay
$5,-
Ni-c./r.-y;
People's Utility Dis¬
trict to acquire an electric power
a
distribution
boundaries.
own
the
is
system outside of its
Also
involved
question of the legality of
while
the' real
faced
their
than
1939, prior to introduction of the
payroll
tax
levy,
the
budget.
"
real
for
accounted
with
much
more
difficult
estate
a
owners can
look forward to
declining tax burden on real es¬
tate, even though it is
will be encouraged to
small, they
keep their
homes."
Mr. Moseley
of
about
Power Co. The Lower Court ruled
favor
in
district
of
the
the
in
above-mentioned
questions at issue.
v- ..-y;
1"
.
w
,
City School District, Pa.
Temporary Borrowing — The
Board
recently voted to
$350,000 at 1 Vz % interest
borrow
from
the
First
National
forts be made to induce the State
Bank
Bond Sale
The $139,000 re¬
funding water bonds offered Dec.
—
8—v.
156,
Blyth
p.
&
to cover current ex¬
penses.
The loan, it is said, was
necessitated by a falling off in
the
1.236%.
about
due
and
1943
be delayed
several weeks beyond Jan. 1. The
notes
dated
are
Dec.
1,
100.01
of
by
the
Dec.
on
for
from
15
Second
l%s
National
First
basis
15,
was
high
made
Bank
of
Portland.
1942 and
be discounted by the district
at any
time prior to the March lt
1943, due date.
SOUTH CAROLINA
Bishopville, S. C.
All
Dated Dec.
inch
1949
to
bid
a
the
1943 school taxes may
1996—were awarded
Co. of Portland, as
1V4S, at a price of 100.048,
of
of
Scranton,
may
Medford, Ore.
Bonds Called
tion—J.
For
Redemp¬
K.
Heriot, Town Clerk
Treasurer, announces that
and
provision has been made for the
payment of the outstanding bonds
of the town, all series, at par
interest
accrued
v; sealed
bids
at
his
' office
on
Dated
Dec.
June 1 from
1,
of 1%.
1965
promise
in
ciates.
Macon
County
(P.
Bond
Call—
Franklin),
Ol
N. C:
-
-V
■
:
Clerk
;
-
of
Board
County Commissioners C. T. Bryson
noad
that 4%%
announces
ing
school
and
and
refund¬
bridge,
refunding
and
refunding
road
school
bonds, dated Jan. 1, 1937,
maturing Jan. 1, 1967, are called
for payment on Jan. 1, 1943, at
par
and accrued interest.
Holders
of
said
bonds
should
present them at the Central Han¬
Bank & Trust Co., New York
City, with July 1, 1943, and subse¬
quent interest coupons attached.
over
Interest
ceases
on
date
and
Jan.
certified
to
the
check
announces
called
and
5
bonds
are
on
Jan. 1,
to
10, $1,000 each; water
Nos. 2 to 8, and 10 to
$1,000 each, No. 9, $500.
Dated Jan.
1, 1937.
Due Jan. 1,
1972.
the
will
present
bonds
at
Chemical
New York
Bank & Trust Co.,
City, with July 1, 1943,
for Local Surpluses—State Treas¬
Charles
urer
Neville
Bonds
$990,000
water
M.
Publicly
electric
works
scribed
in
system
funds.
municipalities
paper
with
to
20
in
of
its
outstanding
the
G1.
to
-
1
.
;
regarding
may
be ad¬
action
above
dressed
dated
bonds,
4, 1943.
(Further
inquiries
Crawford
H.
Col,
Inc., Columbia, S. C., or E. H.
Pringle & Co., of Charleston, S. C.,
bankers for the town.)
Clover, S. C.
"I 'i;:■
Bond
.
Call—Holders of the out¬
standing bonds of the $65,000 6%
sewerage issue, dated Jan. 2, 1923,
maturing Jan. 2, 1963, are advised
1943, bonds
$1,000 denoms.,
National
Bank
of
de¬
v.
Toledo.
Logan, Ohio
Bond
Sale—The
bonds
$8,000
offered
Dec.
storm
4—v.
Township (P. O. Neville
Island Branch), Pa.
Bids —The
Other
and
bonds
revenue
&
MacGregor.
Deane &
& Co., Inc.
Blair
Halsey,
OREGON
buy
Amity, Ore.
Bond
Call —A.
B.
Watt,
City
The
for
1,
156,
v.
1997, are dated Jan.
p.
$1,000 denoms. and
1, as follows: $20,000
in
1943,
mature Jan.
in
1944; $7,000 in 1945 and 1946;
$6,000,
1947, and 1948; $7,000,
........
Ra^
100.71
100.608
100.519
100 507
100.
1949 and
will
and
1950; $8,000, 1951; $9,000,
office.
furnish
the
The
county
bonds
approving legal opinion.
the
printed
A certified check for
able to order of the
$3,000, pay¬
county, is re¬
quired.
Philadelphia, Pa.
Credit
surplu?
Scribner
Stuart & Co., Inc...........
Leonard & Lynch.............
Oct. 15 from 1944 to 1953
Okemah, Okla.
Bond Sale—The $50,000 airport
bonds offered Dec. 7—v. 156, p.
—
Treasurer's
Bidder—
Glover
incl.
OKLAHOMA
Details
refunding bonds offered
sale on Dec. 19, as reported
follows:
Moore,
on
Offering
1952; $1,000, 1953 to 1959 incl.;
$2,000, 1960; $10,000 in 1961 and
$23,000 in 1962 and 1963. Callable
after Jan. 1, 1944.
Principal and
interest
payable at the County
nati.
1, 1942 and due
$30,000 park
playground
Singer,
Dated Nov.
Bond
$142,000
bonds awarded
Dec.
1 to Phillips, Schmertz &
Co.
and
George
G. Applegate,
both
of
Pittsburgh, jointly, as
I.1/4S, at 100.257, a basis of about
1.20%, as reported in v. 156, p.
1997, were also bid for, ^s, as
and
156, p. 1910r—were awarded to
Seasongood & Mayer of Cincin¬
„
and
into
entered
Feb.
in
Offered—The
156, p. 1564—are
being publicly offered by Barcus,
Kindred
&
Co.,
Chicago
and
Stranahan, Harris & Co., Inc., of
$800
1,
Jan.
on
to
First
Media.
Johnson,
of
1996—were awarded to the First
North Carolina, said on Dec. 1,
National Bank
&
Trust Co. of
that in his capacity as chairman
Oklahoma City.
Due from 1945
of the local government commis¬
to 1951 incl.
sion,
he would
recommend
a
change in statutes to permit coun¬
short-term
16
the
at
sewer
Holders
payment
Nos.
.
Bowling Green, Ohio
and sewer,
14,
$200, payable
OHIO
that, the following
refunding
for
payment
for
State Treasurer
called.
Bond Call—Town Clerk P. Nel¬
4%-6%
Board
agreement
between the town and the holders
Reed, Hoyt, Washburn & Clay, of terest in multiples of V\, of 1% that said bonds have been called
New York, will be furnished.
In and must be the same for all of for
payment on Jan. 2, 1943, at
the event that prior to the deliv¬
the bonds.
The bonds will be par and accrued interest, at the
ery of the bonds the income re¬
sold and delivered only after the principal office of the Chase Na¬
ceived by private holders from
proceedings authorizing the issue tional Bank of New York, suc¬
bonds of the same type and char¬
of such bonds have been approved cessor paying agent to the Im¬
acter
shall
be
taxable
by the
The
by the Department of Internal porters & Traders Bank.
terms of any Federal income tax
Affairs.
Enclose a certified check bonds must be presented for pay¬
law, the successful bidder may, at for
$500, payable to the above Sec¬ ment with Jan. 2, 1943 and also
his election, be relieved of his ob¬
subsequent coupons attached.
retary-Treasurer.
ligations under the contract to
Mar pie Township, Pa.
purchase the bonds and in such
SOUTH DAKOTA
Bond Call—Howard S. Tuthill,
case the deposit
accompanying his
Perkins County (P. O. Bison),
bid will be returned.
Enclose a Township
Secretary,
calls for
S. Dak.
Mebane, N. C.
son
Heist, Secretary-Treasurer of the
of Road Supervisors, will
ligations, unlimited tax, not reg- receive sealed bids until 10 a.m.
isterable, delivery at place of pur¬ (EWT) on Dec. 17 for the pur¬
chaser's
choice.
Principal and chase of $5,500 funding bonds.
interest
payable
in New York Dated Dec.
1, 1942. Denom. $500.
City.
The approving opinion of Bidders to name the rate of in¬
v'.-'
■*;; h
;•
No bid for less than par
General ob¬
and accrued interest.
on
Salem, Ore.
$152,000 re¬
bridge bonds
2.49%.
1942 and due
ties
urged also that ef¬
property
of the
79.7%
properties
The
—
real
hang
problems than are now facing the
county. On the other hand, if real
property
In
$750,000 bond issue to purchase current tax collections and
of
the
West
Coast possibility the collection of
a
Dated Feb.
1, 1943.
The State
Raleigh, until 11 a.m. (EWT) on Bond Commission bid 100.12 for
funding road and
Dec.
15, for
the
purchase of
l%s.
■
'V
offered Dec. 8—v. 156, p. 1996—
$10,000 not to exceed 6% interest
were
awarded to
the
Equitable coupon refunding bonds. Interest
PENNSYLVANIA
Securities Corp., Nashville,
and J-J/ Dated Jan. 1, 1943. Denom. Center
Township
Road District
F. W. Craigie & Co., of Richmond,
$1,000. Due Jan. 1, 1952. Rate of
(P. O. R. D. 1, Butler), Pa.
jointly, as 2%s, at 100.22, a basis interest to be in multiples of V\
Bond
Offering — Charles P.
Sale
decide not
and subsequent interest coupons
estate taxes
attached.
Interest ceases on Jan.
on
with the
1, 1943.
prospect of paying still higher
taxes.
If this happens the cities
North Carolina (State of)
and towns of the county will be
Urges Short-Term Investments
rather
Dated
1, 1942. The account of the
Equitable Securities Corp. and F.
W. Craigie & Co., was second high
They are also faced with a far 1943, at par and accrued interest:
greater
demand
for
charitable street and sidewalk, Nos. 1 to 3,
had their salaries frozen.
inch
1942
1, 1943.
Payment will be made against de¬
Bond Sale—The $46,000 refund¬
000, at 54.00.
livery of the bonds by mail or in
Swannanoa
Water and Sewer bidder, offering 100.09 for 23As.
ing bonds offered Dec. 7—v. 156, person, with Jan.
1, 1943 and all
District refunding, $7,000, at 54.85.
p. 1911— were awarded to the
subsequent coupons attached, at
Woodfin
Sanitary Water and Washington Public School District, Charles N. Tripp Co. of Portland, the
South
Carolina
National
N. C.
Sewer District refunding, $4,000,
on
a bid of par for $26,000
IV2S, Bank, Columbia.
The announce¬
Bond Offering—W. E. Easternat 63.87/
due from 1944 to 1949 inch, and
ment will serve as a call for ten¬
ling, Secretary of the Local Gov¬
$20,000 1V4S, maturing 1950-1953. ders in accordance with the com¬
Iredell County (P. O. Statesville),
ernment Commission, will receive
Net interest cost about 1.352%.
Watershed District refunding,
burden
earning $2,000 to $7,500 are faced
with
1964
to
Dec.
and
Water
1962
the
responsible for 58.6%.
was
School
determine the right and au¬
1942
be
The middle class citizens
Securities
Sewer
1943.
in
First
com¬
it
that
of
budget,
will
thority of
Bennett, Smith & Co. of Detroit,
District refunding, $5,000, at 55.40. at par, for $18,000 2^s, due in
Caney Valley Sanitary Sewer 1961, and $64,000 2%s, maturing
and
Water
to
maximum
the
group
producer
fact
Scranton
to
$300,000 per year in 1950. to 1967 incl. 1 Second high bid of
Furthermore, after a quick in¬ 100.06 for $100,000 2%s and $52,spection of the proposed budget 000 2%s was made by John Nuwe see no necessity of refunding
veen
& Co., Chicago* ; and Asso¬
as a
of
a
valuation
level in 1930. The
of the city's. V/2%
importance
wage
State Supreme Court heard argu¬
ments Nov. 19 in a case which
Corp., Durham; Vance, Young &
60.00.
Skyland Sanitary Sewer Dis¬ Hardin, of Charlotte; Fox, Reusch
&
trict refunding, $2,000, at 40.00.
Co., Cincinnati, and Crouse,
Bond
of Scarsdale.
posed
to
trict refunding, $1,000, at
Beaverdam
Westchester County
;
:
We^verville Public School Dis¬
awarded
31, 1942,
decline of
from the peak
—
were
a
reduction in net debt from
tax
People's Utility District
(P. O. Clatskanie), Columbia
Treasury
or
water
Clatskanie
short-term
Johnson
refunding
$23,000
series 1943 bonds.
situation
endorse
not
of
the
Survey
Issued
—
A
sharply defined analysis of the
city's credit status has just been
issued by the Municipal Service
Department of Dun & Bradstreet,
Inc., and is particularly appropri¬
ate at this time in light of the
bond
made
offer now being
city's behalf by a
exchange
in
the
banking group headed by
Drexel
Co., Philadelphia, and Lehman
Bros., New York.
A summary of
ihe
favorable
credit trends in
&
r>v.;io,4oir,VGa'c
finnnfps
included
Salem
Independent School District
(P. O. Salem), S. Dak.
Bond
Offering
—
H. Van Rus-
chen, District Clerk, will receive
sealed bids until 2 p.m. on Jan. 14
for the purchase of $18,000 not to
exceed
2%% interest refunding
bonds.
$3,000
incl.
Dated Jan.
1, 1943.
Due
Jan. 1 from 1944 to 1949
Interest J-^T.
District will
on
furnish the printed bonds and the
approving
Fletcher,
man
&
legal
Dorsey,
opinion
of
Barker, ColBarber of Minneapolis.
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4133
Volume 156
2% ; water
000
system revenue
23 to the
Bank of Cleveland,
Merchants
1951
Nov.
awarded
bonds
$100,-
Details—The
"
the
•tion
Sept. 5.
on
;
zales.
1111
Borrowing — The
City
Commission
recently ap¬
proved an issue of $100,000 de¬
ficiency warrants to provide funds
for payment of general operating
expenses
pending 1942 tax re¬
"... Temporary
V'
/ ••:
v ■
-
y v.."
To Refund Bonds
missioners'
Texas
The $47,900 3%
Sold
Bonds
and
3V2%
—
system
sewer
into
the
and
refunding at reduced interest
be
County
Improvement
•
proved
4%
of $354,000
issue
an
refunding bonds.
Dated Sept. 1,
1942.
Due March 1, as follows:
$6,000 in 1946, $7,000 in 1947 to
1950, $8,000 in 1951 to 1953, $9,000
in 1954 to 1956, $10,000 in 1957 to
in
$11,000
1959,
1961,
and
1960
$12,000 in 1962 and 1963, $13,000
in 1964 and 1965, $14,000 in 1966
$16,000
1967, $15,000 in 1968,
and
in 1971,
in 1969 and 1970, $17,000
$18,000 in 1972 and 1973, $19,000
in 1974 and $20,000 in 1975.-
/
—Harold
Schmitzer,
of
providing for an issue
bonds
revenue
to
purchase revenue
purchased earlier in the
by McClung &
Knicker¬
15.
follows:
as
$500 from
$1,000,
$1,500, 1952
inch;
finance
ac¬
Texasf
Bonds
Texas
of $70,000
and 4% refunding revenue
3%%
&
Co. of Dallas.
Dated Oct. 1, 1942.
Legality approved by John D.
bonds has been sold to Garrett
'
of Dallas.
McCall
Water and Im¬
County
Galveston
No. 4 (P. O.
provement District
,
Texas
City), Texas
Created—At
District
tion
Nov. 7
on
elec¬
an
the proposal pro¬
creation of the above
This was
initial step in the program
viding for
district was approved.
the
obtain
to
and
water
sewerage
service, to be financed by $300,-
of
funds,
Federal
of
000
which
$150,000 would constitute a
bear
to
This
a
rate
low
matter is
loan
interest.
of
1942.
being handled by
has been sold
has
J. Rady of Fort
Worth, who
represented other districts for
similar projects.
:
McCall
refund not less than
cently purchased by
outstanding valid and legally
binding obligations of the district.
are
bonds
will
is
for
available
purchase
of
bonds
the
at
the
to
purchase
to
the
interest
cost
lowest
the
The
for.
the discount bid to,
the aggregate
amount of
interest upon all
of
the bonds until their respective
maturities.
Bids may be made
below
in
but
par,
in
vested
%%
certificates
of in¬
debtedness,
and
$800,000
was
placed in 2V2% Victory bonds for
the
System.
Virginia Retirement
Purchases
Reed, Hoyt, Washburn & Clay,
that the bonds are
valid .and binding obligations of
of
of New York,
the
cityj; and that the
city
has
the
toward
that
territory
the
in
an¬
deemed and canceled to the above
value of all of the State's indebt¬
edness
is
(;
The
.
by
Federal
•'' ■';..
for
money
unless
The
*
i
'*
r
1
).
■
would appear the city would like
tq\* have some method adopted
whereby bonds issued prior to
June 7, 1927, and not coming un¬
:
^
retirement
the
der the L. I. Guaranty Fund Law
might be paid. Many bonds, dat¬
ing years back, have probably
been
destroyed,
misplaced
or
which transferred a portion of the
passed through estates to holders
State's $18,000,000 surplus to the
who now would be willing to dis¬
sinking fund commissioners and
pose
of them for a fraction of
authorized
purchase of Federal their face if this were
possible.
securities against the maturity of
Others are being held by the orig¬
Virginia's non-callable bonds.
inal
of
the State's
debt
provided
by special session of the General
Assembly
held
in
September,
It
is
estimated
was
refi¬
the
that
$4,000,000 and $5,000,000
during the course of the next 24
years the Virginia bonds have to
run.
..
The
sinking
W.
Treasurer
State
are:
ers
commission¬
fund
Bonds
Voted—The
proposal
to
issue $950,000 revenue bonds was
approved by
large majority at
a
the,Dec. 5 election.*
,
%:•,A*'
Paul,
Minn.,
general
warrants
revenue
1941-42
series
Texas.
of
Included
called
the
in
the
of
:1
i
>
.*
,
face value may be
them.'
; '
of
As
outstanding
31, 1941, there was
in maturities up to
$8,887,470.32
1957,
issued
bonds
Guaranty
Fund
the
by
additional
the
L.
1941
credit
within
expend
a
partial exemption from taxation
adopted by en¬
theretofore
ment
As
D.
to
funds.
I.
off¬
an
was
Guaranty
is
apply
Receipts
in
during
$1,452,626.14 'with dis¬
$1,542,657.01,: leav¬
ing a-cash balance at the end of
the year of $287,835.20 as com¬
pared with cash on hand as of
Jan. 1, 1941, totaling $377,866.07.
were
bursements of
In
city
the
levied $459,outstanding
under the guaranty provi¬
which amount is used to
1941
,
933.47
5%
as
of
closures
period,
D.
this
$1,650,078.71, thereby reduc¬
ing the bond obligation "held by
the public" to $7,237,391.61.
An
ers' Protective Committee on Dec.
annexed area, for permanent
Of
Fund
through
year
I.
L.
care
years
D.
I.
set to this latter amount there
held
tion
a
L.
Law.
previous to that date.
being advised that the Bondhold¬
for
I.
L.
the
amount $2,753,589.04 had matured
unless the city shall,
before the expiration of said five-
five
area
in
under
take
in this
Improvement Districts
i-.-
;
.
Dec.
agreement, dated May 1, 1937, are
rates
the
increase
to
hand
are
of
warrants
issued
those
with
outstanding,
for
totaling
payment
of
cash
taxing
same
warrants
reflecting
time last year.
sions,
of
or
losses
by
county
cancella¬
fore¬
tax
other non-payments of
within
assessments
districts.
the
No
the
I.
L.
portion
of
P.
this,
money, however, can be used to
apply on bonds other than those
coming under the L. I. Guaranty
Fund
Law
which
after June
sued
With the increase of
in
foreclosures
is¬
bonds
cover
7, 1927.
the
county tax
early -'30s
so
—
The $25,000
new
bonds
city
dated
30,
Nov.
is
outstanding bonds of the city. The
the
holder
each
the
at
enactment
as
same
any
the delivery of the
for
prior
time
to
bonds, of Fed¬
eral legislation
repeal
or
which in terms, by
omission of exemp¬
tions
otherwise, subjects to a
or
Federal
income
bonds
on
the
of
class
includes these
election
the
obligations
the
a
tax
the
or
interest
character
bonds, will,
of the
purchaser,
purchaser
from
under- the
his
terms
contract-of
sale
and
deposit
of
will
and
on
copy
of
being mailed to
certificate
of
^thereby.
affected
resolution
effect
A
1935.
resolution
relieve
refunding bonds awarded do
.powers
the
at
Burlington, Vt.
Bids
for the
power
be
which
Other
^
a
VERMONT
.
larging the
on
increase of $1,641,876 over the
deficit at the
limitation
the now
will
the
$4,917,731,
a-
the
State
through
Jan. 8, 1942.
As of NovJ 20, 1942,
$36,634,033 general fund warrants
hall
(
will be worked out
fair portion of their
paid to redeem
plan
whereby a
of Local
bonds
for
owners^1 in the hopes That
some
period of
the city, by State law,
forbidden
is
entirely
of the Com¬ much property was taken over by
bonds on the basis of a flat
of the city's
The' taxing power mittee with
respect
to
stock the county that L. I. D. cancella¬
price with Jan. 1, 1943, and sub- rate as such.
is unlimited on the old city area securing some of the bonds owned tions in the districts where im¬
Texas (State of)
and will, after Jan. 1, 1947 (prob¬ by the Committee which stock is
provements had been made de¬
Warrants Called—State Treas¬
by
the
Commerce Trust
ably earlier when the requisite held
urer
Jesse
James
on
Nov.
20,
expenditures have been made) be Company of Kansas City, Mo.,, as prived these districts of sufficient
called for payment $2,506,911.71
unlimited: on the entire city. ,sThe trustee, under a trust indenture revenue to meet bond require¬
the Ranson-
"3
I. D. bonds is
bonds
1941,
31,
re¬
City of Seattle function and it
a
tax
the city, midnight, Dec.
be
handling of these older is¬
of L.
sues
1 to 8, 10
to 15 .and 17 to 19, inclusive, un¬
der
a:
bondholders'
protective
to
nexed
will
remedial
legis¬
lation is enacted that will provide
for their purchase on tender.
be
Jan.
The
full
force
in
4, 1943, unless
Previous to the enactment
ments.
of
the
:tit
H"
Law
in
1934,
city had made advances from
the
general fund to the L. I. D.
thus
fund,
revolving
providing
additional funds to meet L.
I.
D.
prior thereto the holders of cer¬
bond
tificates of
enactment of the above law limit¬
drawals
in
agreement
tion
be
deposit demand with¬
accordance
or
unless
with
the
rescinded
sooner
the
resolu¬
by
the
The
of tee
is
Secretary
J.
requirements.
city
the
ing
were
H.
of the Commit¬
Bolton,
217
Pine
But with the
mills,
15
to
funds
not available because of the
limitation put on the city by the
Moreover in
15-mill tax limit.
Committee.
entitle Street, Seattle/Wash.
j.ti r i
Tax
the
cent years
re¬
the city has taken steps
to, and has succeeded in, collect¬
ing
a
considerable portion of the
-
:l )
Mill
40
.
,
bonds
some
,
covered
bonds.
earlier
these
tired
retire¬
Virginia's debt leaves
only about $3,000,000 more to be
invested
before
the
maturity
to
except
were
total of
of
ment
case
no
bonds
D.
Fund
between
premium bid from,
I.
Commission date total $63,530,507.28, leaving
of Virginia, on December 1, an¬ the total outstanding bonds as of
nounced the purchase of Federal Dec. 31, 1941, $14,551,604.28.
securities totaling $7,549,000.
There
was
outstanding
and
Of this amount, $6,250,000 was "held by the
public," as of this
in 2V2.% Victory bonds, and $324,date, $12,901,525.57 in L. I. D.
000 in 1%% Treasury bonds to be bonds.
Of ' this amount $5,585,placed to the credit of the general 600.05 are bonds issued prior to
the enactment of the L. I. Guar¬
sinking fund.
% ;
For the Highway Department
anty Fund Law as of June 7, 1927.
Sinking Fund, $175,000 was in¬ There
is
little
possibility that
Sinking
amount of the
by adding the total amount of
L.
1892 and up to Dec.
31,
there had been issued a~
$78,082,111.56. Bonds re¬
1941,
Federal
nancing made possible by the
special session will save the State
or
first
issued in
city, such cost to be de¬
termined by deducting the total
to
than,
the
bonds re¬
described as follows:
awarded
be
offering
is¬
3
Research,
contained
an
analysis of local improvement dis¬
trict funds, excerpts from which
are reproduced herewith;
Retirement—The
Debt
Oct.
Seattle
mental
the 3, 1942, lodged with the depositary
im¬ and the Secretary of the Commit¬
provements, which shall be sub¬ tee a resolution respecting liquida¬
Talco, Texas
tion of stock and destribution of
Offerings Wanted —J. G. Sim¬ stantially completed, a sum not
less
than
12%
of the assessed the proceeds thereof among the
mons, City Secretary, will receive
holders of certificates of deposit,
sealed offerings until 8 p.m. on value of taxable real estate with¬
which
resolution
amends
the
Dec. 21, of water works and sewer in such area at the time of an¬
This is a temporary bondholders'
protective
agree¬
system revenue refunding bonds, nexation.
dated July 1, 1941. A sum of $2,- exception, more in the nature of ment and the plan of readjust¬
an
$225,000
reported in v; 156, p. 1820
par, as
like amount
of
San Antonio, at
Davidson Co. of
a
to
general fund deficit of $31,716,302,
Gcnzales, Texas
system revenue
Issued
Dallas.
of
...
Bond Sale Details—The
water
to Gar¬
Due Nov. 1,
Legality approved by John
were
Joe
of $178,-
Sold—An issue
bonds
nue
500
'
(at
in
Invested
Assessment
"Municipal
News," published by the Munici¬
pal League of Seattle For Govern¬
able real property
and 334% refunding reve¬
500 4%
D.
(P. O. Commerce),
of
the option of the
holder),
unless
the
bonds
be
registered, at the Bankers Trust
Co., New York, or other fiscal
agent of the city in New York.
Unless all bids are rejected, the
bidder
bid
bonds
Wash.
Local
the
of
sue
be pre¬
can
of
Reviewed—The
Bonds
Notice To Local Improvement
levy taxes on the tax¬
therein for the District Bondholders—Holders of
payment of such obligations with¬ certificates of deposit issued by
out limitation of rate or amount, the First Trust Company of St.
Teachers
College (P. O. Nacogdoches),
Stephen F. Austin State
System.
Teachers' College
all
to
$2,000 in 1955 and 1956, and $1,-
rett & Co. of Dallas..
Bonds Sold—An issue
1943
1947 to 1951
to 1954 inch;
inch;
quisition of the gas system owned
by the Community Natural Gas
East Texas State
$17,000
property
1946
Secre¬
City
for
same
the
for
State
Principal and interest
or
power
Bond Issue
the
be
Status
less Tayloe Murphy, State Tax Com¬
than 97% of par.
All indebted¬ missioner C. H. Morrissett, and
bonds
ness
of the city is a direct obli¬ State
Comptroller Henry G. Gil¬
year
and the full faith and mer.
v. ■'
j.;:'
bocker of Houston, as reported in gation
credit
of
the
municipality
is
v.
155, p. 1372, were sold at par,
pledged for the payment of all its
WASHINGTON
are dated March
15, 1942, in $1,The purchaser will
000 denoms. and
mature March obligations.
Lcngview, Wash,
be ifurnished
with
the opinion
4%
tary, reports that the City Council
will meet on Dec. 18 to pass an
ordinance
Sale Details—The
Bond
'
500 in 1957.
Denison, Texas
Plans Gas Purchase
Texas
Neches,
must
office,
revenue
Port
16
payable at the City Comptroller's
Water Control considered
by the Commissioners'
District No. 19 Court on Dec. 14. : Issue would
(P. O. Brownsville), Texas
mature $3,500 on April 30 in 1943
:
Bonds Approved—The State and 1944.
4
Attorney-General on Nov. 18 ap¬
and
Dec.
on
the bonds.
of $110,000 3%% courthouse and
State At¬
jail bonds, dated Oct. 1, 1938, due
torney-General on Nov. 9 have
serially to 1968, and optional in
been purchased by C. N. Burt &
1943.
Co. of Dallas, at par.
Dated Nov.
1, 1942.
Due May 1, as follows: Orange County (P. O. Orange),
Texas
$1,950 in 1944, $2,000 in 1945 to
Warrant
Issue
Considered—
1952, $3,000 in 1953 to 1958, and
The question of issuing $7,000 3%
$4,000 in 1959 to 1961.
" ••
Cameron
re¬
noon
1, 1944 to 1963.
Rate of interest
be in multiples of 14 of 1%,
for
will
will
until
to
bonds approved by the
right-of-way ' warrants
bids
for the pur¬
chase of $3,140,000 not to exceed
3% irfterest coupon or registered
public improvement bonds.
In¬
terest J-J.
Dated Jan. 1, 1943.
Denom. $1,000.
Due $157,000 Jan.
entered
providing
sealed
(EWT)
Crocket),
has
Comptroller,
City
ler,
ceive
The Com¬
—
Court
agreement
an
Va.
Bond Offering—J. Maurice Mil¬
Texas, 1925.
County (P. O.
i-v/ Texas
Richmond,
~
;
Civil
1118 of the Revised
to
Houston
"
Bowie,
city
the
Legality
approved by Dillon, Vandewater
& Moore, of New York.
y.;-.«,
•
of
Statutes of
.
ceipts.
-Trust
VIRGINIA
payable
exclusive
first lien on and pledge of the
revenues of the City Water Works
System after deduction of reason¬
able operation and maintenance
expenses as provided by Articles
obligations
'■
;
County
Purpose
from and secured by an
'
~ ;
\
Beaumont, Texas
<:;■
,
'
n/2% Bonds
Chittenden
Co., Burlington
100.00
of the financing
For 2% Bonds
was to provide for municipal ac¬
quisition of the., local water sys¬ Burlington Savings Bank-.101.00
tem.
The bonds constitute special
purchased an issue of $20,000
'3%% school bonds at a price of
101.25, a basis of about 3.61%.
Dated Oct. 10, 1942 and due April
10, as follows: $750 from 1943 to
1950
inch; $1,000 from 1951 to
1956
inch; $1,250 from 1957 to
1960 inch and $1,500 in 1961 and
1962.
Issue authorized at an elec-
Seattle,
the
Virginia (State of)
Funds
1«4% Bonds
For
interest
with
the bonds
as
of
amount
Bonds
Denom. $1,000. Principal
(M-N) payable at
Gonzales State Bank, Gon¬
and
has
of Tyler
Co.
Trust
&
For
that date
Salomon Bros. & Hutzler__100.532
dated Nov.
are
Perry & Co.
1, 1942.
Sold
Bonds
Bank
All of the bonds
Tyler), Texas
—
The Tyler State
?
-
$12,000 from 1964 to 1967 inch
A and $3,000 in 1968.
deposited
pared for delivery. Enclose a cer¬
tified check for 1%'% of the face
__100.15
Lincoln R. Young & Co.___100.01
John Adams Brown Corp.,
Burlington
100.00
1962.
Consolidated Com'
2 (P. O.
Bank,
______.__100.178
Boston A
Arthur
$62,000 314% bonds. Due Nov. 1,
as
follows:
$11,000 in 1963;
District No.
School
$10,000, 1958 to 1960
$11,000 in 1961 and
to
inch and
TEXAS
mon
1955
1957
$9,000,
inch;
Co., Inc., Knoxville.
BascomrMurph
Due Nov. 1,
$8,000 in 1953 and
1954;
amount
bid.
0.87%, as previously reported in Bonds will be ready for delivery
these columns, were also bid for at the place in New York City
indicated by the purchaser or, at
as follows:
the option of the purchaser, at
For 1% Bonds
the office of the City Comptroller,
Baum, Bernheimer Co
..100.324
on Jan. 7,
1943, or as soon after
First National
1952.
follows:
as
reported in v. 156, p. 1912, were
sold at a price of 100.50, a basis
of about 1.93%.
Second high bid
of 100.11 was made by Davidson
&
and
$95,000 314% bonds.
as
the purchaser to the return of the
Tyler & Co. of Boston, as Is, at
a price of 100.399, a basis of about
1,
$6,000 from 1943
to 1946 incl.; $7,000 from 1947
to
1950
incl. and
$8,000 in
Cleveland, Tenn.
Sale
Due Nov.
follows:
as
Bond
bonds.
3%
$68,000
TENNESSEE
2085
•
;'
'
,
-
-
t.
1.
f
'
•
THE COMMERCIAL & FINANCIAL CHRONICLE
2086
advance made by
palities
The only
of Seattle
the general fund
fund.
- •
*
obligation of the City
is
ested
make every rea¬
to
the
received.
funds
obligation
is
There
secured
in
no
WEST
improvements so made may
be of such permanent nature that
Bonds
still being used by the
residents
of
the
city.
Kings
foreclosing
in
this
action
assessments
did
ing
be
can
No
applied
the
would have
Seattle,
limit
for
the
of
a
on
Act
also
provided
the
to
in
in
to
1962,
in
$14,000
1971
1974.
ad¬
for
1960
1974
to
1954
Li
A
-
in
Bond
-
Call
Clerk,
County
announces
call
outstanding bonds, at
for
New
list of corporate
a
bonds, notes,
Company and Issue—
:y
1st consol mtge.bonds, 4 A
RR„
collat.trust
20-yr,
American, British & Continental
dated
tures,
A,
due
bonds,
5 %
conv. -
"
'
1856
1
Associated Chain Store Realty Co., Inc., 5'A
collateral bonds, due July 1, 1957
(A 1st mtge.
AAAADee 17
due 1945—Dec. 15
Ballard Oil Co. of Hartford, Inc., 1st mtge. 7s, due 1948-Jan.
1
Central Gas & Electric Co.— AAAAAy-'.A.A AyAvLAvA:"AA- A1st lien collateral trust 6% bonds, due March 1, 1946_Feb
1
lien
collateral
10-year 5%
trust
>:;'aiited
2034
Ref.
&
*
-
series
1,
;
1943
L——
■Arkansas
■
Lime
Atlas
1691
Automatic
1612
■'
Co.,
30
1688
Bank
of
New
_...Dec
„
Ry. & Lighting Co.
1st & ref.
1,^ -
Continental
due
1946
Stores,
Department
Inc.,
——_—.
——
Continental
Steel
Ltd.,
1st
10-yr.
mtge.
conv.
6s,
6%
.
Co., v collateral
A, 'dated; Aug. 1, 1941
Gas Co., 1st mtge. 5s,
due. 1944—i_^_Feb
debs.,
due
1945/_-.Dec
tryst
■
1 )^
l5y
1st
.*
mortgage
mortgage
5J/a%
6%
T: k6%
(year-endi
5
y
$5.50
Jan
15
Ry.,
mtge,
4%
Products,
Inc.,
bonds, due 1949——-—-Jan
& ref. mtge. bonds, due 1950..Jan
5%
convertible
notes
1
1.
.'
dated,
'
July
1862
-
Blessing
&
^
Eastern Car Co., Ltd., 1st mtge. 6% bonds, due 1952—_Jan ' 1
Fairbanks, Morse & Co., 20-yr. 4% debentures, due 1956_Feb
1
Cleveland Cartons,
Inc., 1st mtge.- serial bonds,
■
-
.
bonds,
due
——
Then
dated
Nov.
Co.
of
1935
1.
New
Laughlin,
6V2S,
due
Co.,
1st
mtge.
■;.
Gulf States Steel Co.,
1st. (closed)
1961
Hamilton
series
1952—Jan
mtge. sf 4 Vz %
Corp.,
1st
——..Dec
junior
mtge.
:
—
■Hcrbrand Corp.,
1st mtge.
due
5Vis.
lien. iYe
bonds,
y
-
-
Co.
195Q———-i-i—-Jan
T ■T.;.
1
Telephone & Telegraph Co.—
- .
6% gold bonds, series A, due July 2, 1J943—Jan
Illinois Communities Telephone Co., 1st lien 6%; gold
bonds, series A. due Jan. 1, 1949
——_—__—-Jan
Clearfield Coal & Iron Co,
&
1st mtge.
Kansas
bonds,
5%
due
1950
Indiana; County
—Jan
V,
1615
.
.1873,
>
-
-ji
...
514
1
1865
Allegheny
A,
due
July
1,
1st mtge.
1949—
'■
,
1st
-1
Products
2039
Amerex
2040
1776
Dec 27
40C
Mercantile
1946
Co.,
1st
Inc.,
Properties,
'
Miller Co., 1st mtge.
mtge. '3.6%
secured
20-yr.
5Vi %
bonds
bonds,
6V2U'
bonds (as extended)
y
„
v—yyyyy..-!
Mississippi River Pwr, Co. 1st mtge. 5s, due 195H-—iJan
1
Corp. of N. Y. collat, trust mtge. bonds, series
B. due 1946
-Dec 31
—
Narragansett
New
New
Electric
Co.,
1st
mtge.
3'/2S,
series
1
———:—:
—
1st
1st mtge.
ser.
A 5%
series B 5%
bonds, due May
bonds, due Nov. 15,
(year-end).
5',1.
6%
(quar.-).;i--yi*w-yyyyyyyyyi'yyyy
2041
v
v
;25c-.t y
12-24
2042
15. 1951—Dec 28
2042
—Dec ,28
2042
Ay■ -y. 43%c
&
District
(quar.)
12-11
A 12-15
25c
12-24
12-29
75c
Ice
&
Cold
»
y,
Telegraph
—
pfd.
••
-
:ia-28
v.;
12-16
12-28
12-16
12-28
,12-16
12-24
12-18
25c
12-22
12-12
50.c: y
(accum.) y'A
12-T28
12-17
15c
(year-end(
Hoe,
Hard Rubber,
Year-end
(N. J.»
A12-14" L
12-22
1-2
z.
1-
»
25c
12-15
•
2
112-14 >
.
.
12-15
1- 2
.
V
-
75c
1-
Ma
2
M245-
12-11,
.1-11
12-21
1-15
(srafyi-y^Ayy'^'X^
,12-314
$3
preferred
series
Carnation Co.,
r,'; .4.^-4'f
iqvmr.)yyLy_LyL'yLLL
12-284
|;;:2-Li:
common
75c
(s-a.»
A
50C
.Extr.a,
$7
(quar.iL.y.:.__y:::
c:y
&. Light, $8 pfd. .(quar.|y;;__,(quar, 1A—yA-yyyA-A-*y—vl
(J.
Wj
Co.
2
1-
12-12
•:> 1-"2
,$.1%
L ■'
-12-15L
•
•
•
1- 2
S1
...
12-15
•
U12-29A
*
15e
.
(year-endi _yy.-^yy-—
Associatos^^vy.^yyyyyAy^yi;,.
Aguirre
$1 Va
12-12
-
'
(quar.)
Corp.
,J 12-12
:.12-19
-
y:y'-V:$D'
•■>:
12-18,
LAA- 2
$.1
preferred
Carter
1-1
12-19.
•
A 12-19
12-11
3 7'Ac
•
,1-15
'Quarterly
Sl!4
;_y_
—„y_
.12-314
'
——
A— '
;
L—'
2 v
12-20
1-
1
12-10
H:.$6-i
6-%
5%L
preferred
__L.;_y_..A__.A_„__„_\. a:.$l'a
1 quar.)
.1-
•.
-;
..preferred;-.y:XT-\,\
1
62'Ac
(N. Y.) aquar.) A> V; ;
A i'v-'Av A'A
Chicago Title 61 Trust
•'
A
A12-31-A.
,
60C
,
(quar.)'A_lyy_A.
85c
l'Ac
5,% preferred
com.-
(year-end)
"(quar.) IA-.J-^L',LA
'
{'
1-
Jt'
'■
12-19)
1,2-*17,c,
,
5
1
12-30-
■,
12-23
12-10
12-30.
;
$1
: $i'A
12-30
*
Cleveland Hobbing Machine GoAiiLLy AAl.,_
Coca-Cola Bottling (Chicago)
(irregular)AL_
Coca-Cola Bottling (Los Angeles)
Coca-Cola Bottling (New York*
(year-end)
12-15v
2
1-
'A
A. 75c
(irregular*L______^yA^_
Bronze,
12-15
.
,12-14.'.
.
1-2
L,':;
/
12-15,
12-21.
$V>4
Citizens Wholesale Supply Co.-— AAvAc,• ;..,;v•••'■
6 % ■ preferred ; (quar.I
-_A^y
Clayton Silver Mines
1- 2.
-12 -r24
,
20c
12-19'.
12-19
,
12-15
12-10'
12-12')
12-
2'
50C
12-10
12-
2
.$1'
12-18
$1
12-26
25c
J
i
12-11:
$1
12-28
12-18
Coigate-Palmolive-Peet
(extra). a.A1a~L
75c
12-23
12-15
12-15
Colonial
25c
12-18
12-
(year-end) Av---'-iA
12-11
Columbus
"$1,00
30c
37'Ac
1-
5
■
12-21'.,
12-11
12-21
•
12-11
'y. 12-21
$1.75
'-
5
12-5
12-15
,
'
12-11
.
2^'1
2-1
;
;
Coh» & Rosenberger,
Inc. (year-end) AAAColeman Lamp & Stove (year-end A—AAy;
6%
Utilities
&
Corp.
Southern
preferred
Ohio1 Electric—•.
(quar.)L
•
12-17
■•■
Ly„_A„yAL_^AL
$1'A
1-
2
2-
1
12-15
'
6'A %
preferred
(quar.)__
$1.62
Commercial Shearing & Stamping (year-end)
Connecticut Gas & Coke Securities—•
$3' preferred' (quar.A-_yAyyij_„;_i,_ryy;„Ly
Bakeries
1-15
Consolidated
1-15
Consolidated Car
of
Canada
20c
'
,
1-8
:
45c '
.$1,
,
Cincinnati & Suburban-Belli Teleplione (quar.) AA
Cleveland Graphite
12-10/;
12-10
2-'; l
50c
".('A
Chicago Flexible Shaft 1 year-end rvA-yy
Chicago. Mill & Lumber,J year-end) A-A
-.12-10''
•
1--1
-
'■ Chemical Bank & Trust Co,
:
1- 1
,
preferred
.•
12-31
.
12-15.
•1-15
-
25c.
—
(quar.) yiy"
1-
12-17
.12-15
-
Sl'A
.
(quar.)-.-'————
■
; 25c
.
.
;
•50c
•
common
com.
Sayings^TorohtqlAAA'jAAA4/A
,'L^yAAvLA;'^y:-yLyyyyyyyALw)l;A;"'.%A At$2; A?:
Ll-15
—;
•
12-10
12-18'
;
:•
<•,
•12-15.
37 'Ac
(quar.)__4___.;______.„LyL.--.'
A. Central New York Power. 5% pfd, .(quar.)
-
12-15-
■
12-29
12-28
$1'A
—
—
;
Light & Traction,
preferred (quar.)
12-17-
12-23
—__.i
—
preferred
■12-17
12-29'
50c
_
common—
&
12-17'?
12-29
l'15c
■
12-15';
12-29 r.
Storage—
Ry.
8
12-15,
•:
,-y:/Ji0c-
$1.75
Southern
8
12-
'
>1- 2
"25c
(extraT-^,
1 quar.i
12-
$1V4-
■
Corp,
L
12-16
"
—
Mills
; )
12-29
30c
(quar.)
Chicago Electric Mfg.rr$2 class A, preferred.^accumulated 1LL
12-15
;..t
'•V
Body_r„,—,
(quar.)
12-11
"
12-24
G«Pital Admini.sfra.tiioh-T-;
Tv'
-12-12
12-28
"
(year-end)
6%
12-16
75c
v
.' 4% ''1st preferred
•
12-12
'!l-'2
i 37'Ac y
.
preferred (quar.i——
American
8 :
12-16 I'
12-24
J44c
1,
-
12424112*)1'2
12-24
$2.50
•
$3
12-15
12-22 Ll2- 1
r1- >1-.1^, 12-19
15c
& Foundry—-
American
I
12-
12-23:
8
50c
:
•,
(year-end)^.——-—y
Crystal Sugar/common
preferred 1 quar. I
;
Fork
A12-
-12-23 <
Central Kansas Power Co., 44A%.pfd. (qUar.) A4 $1:18
7 \;L Central Maine Power, 7%. pfd. (quar,"i ;yy„y_'.'>
$1:00 ^3'42-28V y 12-14
(quar.i——
American
6%
•
12-14
2
(ic
T 30c
■
Co,y.y:.y:yvyyyylyS-iy
participating preferred
Central
12-21
L- $3
y
(quar.)
preferred
12-22 ?1
1-2
$5
Canadian
in
———
.•
American Factors, Ltd.
1
1954
Brake Shoe
Common
7%
conv.
•
Canadiap. Car Sc Foundry—
7% participating preference (accum.) Li'L
Canadian Celanese, foreign receipts. LA iL
?
:
"■//
•
is-arlA,——y—y-
.
-
New Mexico Gas Co.—
1st mtge.
...
$1
—
(quar.)——.
Coa.ch
Ainerican
'
A12-22;
16c y
i
participating class A (accumulated*L.
Camden & Burlington Co. Ry. (s-ai
Campbell (A. S.I C9..J
yy
:
y
In the
'
1
1966
Corp.,
,;■'
'A:%; preferred (quar.)_
87.'Ac.'
'fv preferred iquar.)
.yyy:Vri;;, $1.75
y_Xyytyyyyyyyyyyy:'
Buffalo National Corp.,*(year-end 1
75c ■
Building Products -1 quar.)
y—
^.
Extra
0 %
1691
•1691'
A,
-——Jan
preferred stock—
—_ — Jan
Haven Oil Corp., 1st mtge. 6s, due 1948——Jan
Jersey Worsted Co., preferred stock————Feb
due
1-
$4
y.
1
SharePayablp <*'of Rec,y
Per,
-When^ Holdert
■—r——y—^_^y__i.y^yr
Capital >Corp.,
2040
Mortbon
Hehi
„
y__ •
•
American
2040
of 1934_Dec 26
'
common
American
1
Jan
Corp.,
American
due
12-15
■
12-21
_.
(quar.)
3
,
1960
.
second table
„-LA
25e
———Ay-_—-u._———_y_ :' y -50c
514 % preferred (quar.)
5 $1.31'4
1690
&
2
Central Canada Loan &
-/■%•
(special i
Holding Corp.
Common
y
,
1690
Field
A
American
2040
Mayaguez Lgt., Pwr. & Ice Co. 1st mtge. 6Vis due 1953_Jan
1
McCormick's Ltd., 4Vi%
prior lien bonds, due 1952—--Jan; 1
Marshall
Dye
Special
2040
l
bonds, due 1944--———--—-Aug
Western Ry.
Baldwin, Ltd;
Allied
1st mtge. 4s, due 1955—-—-Dec 31
unified mtge. 4s, due I960—Jan -.1
mtge. 5%
McNeill & Libby,
.Louisville & Nashville RR.,
&
Chemical &
Class
—jJ—i-—--Feb>-y. 1
and ref.
Libby,
Jan
—
due .1944
1
,,,s
,
Co.
Allied
1st and ref. mtge. s.f. bonds,
Lehigh Valley Coal Co., 5%
a
/
Name of Company
Alexander &
1
5s, due 1946———Feb
Kewanee Public Service Co., 1st mtge. 6% bonds, series ; *v. 7
City Gas Co.,
1-
.
'
Carolina. Power
Alberene Stone Corp. of Va
2039
12-15
:12-10 ;
12-30
Durell -Co., common
(year-end 1
5-%; preferred-(quar. 1—yy.—
BruCe (E. L.) & Co., •
common—,y_—y
Department" ' in -the" week ' when - - rl
Alaska/ Pacific Salmon Co
1
-
12-15
2 ."
12-30
.
.
2
1-
S7'/3C
(quar.i
Brown
1872
V • 35c ; V12-17
(year-end.) ———yy
A12Adan\s-Millis Corp. (year-endt
y
;
•::"50cvV'T2-23ry 12-18 f?;.
Ahiwerg Bearing, class A. (quar.)-——y„—yy> / :'8%c V4l-:2
12-19.
Air Associates, ■ Inc.__—
^.'yu • k 121/20); 12-24',
12-17
2038
.
12-18
1249
(year-endt——75c
—
'
California
follow with
,
Acme Stock
12-21
1-' 2
$la8
Property Trust, TquarJ^yiy:'
Burlington Steel Co.
•■
28
12-21,
2
12-10
:i 40c
Street, Investing Co. (quar.> ——c—y^
Brooklyn Borough Gas (quar.i
show the dividends previously announced, but :
•
2
12-31
-t'3'VA
Broad
j
v
1st mtge.
Jefferson
1,
1952
Home
'
Jan
The dividends announced this week are:
jv"'';
2
1-
20c,
under the company name in our "General,Corporation
23
—"—.Dec
'
11'
12-10
pfd, yiaccunt.)
Ly'yy^yjy-7
Casco Products
1
12-17
12-31 *
(quar.li^iii'i;
—
Vc
Briggs • Mfg. -
and Investment News
bonds,
—
Gas
B
due
2
7'Ac
(quar. 1—^■_-
.
Special.
Brach.. &. Sons:
1944—Mar 15
5s,
12-13
12-17,
1-
6'Ac
iquar.)^-,—
preferred
Insurance
1871
1047
declared,
12-10 '
1-2
50c
v
(quar.>-
com.
common
common
Stores, Inc.
Boston
.y--
v
2037
31 y
Dec
—
1st
Power
Georgia-Carolina
due
^
Mexico.
due 1958——
tSee Volume .155., y;
we
•Gair
Gas
12-21 '
'
$3 )•»
i
(guar.)————'——
(quar.)
convertible
Bond
*
ordbf past dividend payments in manyycases are given-
2
28
z——
5-&S
Co.,
we
5.
1-15
1
$r. : 12-29
" 20c
ry.
(quar.).
Co.,
5%
■
wliich have nbt' yet been paid. ^Further-detailsy and reck *
r
Jan
1941
15,
Fruit
' 50c
;
.
.
which
TV
1947——-Dec
Earl
2-
;
'
•
York
preferred
2047
—
grouped in two separate.tables.
are
current week.
15
12-19
7C
;
(s-a)T._-fy. $ 1.25
Bliss
briiig together all the dividend's announced the
we
12-
12-29
10c
Bethlehem Fdy. & Machine 7%
Blackha wk-Perry
.
first
1 ^
12-17.,
12-10
37 Vac
—
'(initial) T—— JJ.~
(quar;)-•_
cumulative preferred
Bastian
'
Co.—^
5"
11-25'
12-
'
DIVIDENDS
1771
2Q36
11-17
12-26
:
15C
V.
—
National Investment,
Burlington
18
3
'12-17
$1.00
(quar.)-,—
;yy_
Dividends
stock—
Denver Tramway Corp., gen.
Dri-Steam
V/r preferred stock-Dec
stock——-—.Jan
preferred
Union
.
3ys%. bonds, due 1966—Jan
4% bonds, due 1960__y;L_r_—^.-_--_-Apr
preferred
Dayton
Ja'n
12-
12-21
y 1695
•:
rbonds,
k
JQec tJ4r
4%
—
Ohio
y
1 %
v
12-14*
12-28
.$r
SpcciaI
6%
10-yr, conv,
■Announcements In this issue.
preferred, stock--———Jan -1 ?::•
Corp.,
Cuban American Sugar Co., 5 V2 % .&
Cumberland County Power & Light
1st
debentures,
5'r
West
of Rec.
•
12-23
12-15
■
$1.80
(year-end)-—
2036
Conn.
A
Pay'ble.
50c
25c
"■■■: 25c
—
Hoiaert
20c
preferred
Machine
Yorktqwn
Bankers
\
•
When*
;
— —
Bank" of
2036
^
series
1950
4'As, due 1951——Jan .;* 1
.Consolidated Biscuit Co., 1st mtge. 5'As, due 1946—-—Jan
2
Consolidation Coal Co., 25-yr.
5% bonds, due July.
Corp.,
Corp.,
Warren ,-Brothers
,
.
1968
of
inch
■■■
— -
Boston- personal
Walworth Co., 20-yr. 6% debentures. due ,1955—--—Apr
1
Warner Bros, Pictures,; Inc.. 6% debentures, due 1948—E|ec: 18
1949
&
iprice
a
Shars
k
(year-end)
Locomotive Works
Special
1871
T
6%
(quar.)
Voting
y,
(year-end) —L;;;.'
Bank-of the Manhattan Co.
•
1949
Press Co.
Baldwin
•
Gonthier
at
1970
(monthlyI
i————
Babpock & Wilcox Co: (year-end)
2044
1
Oii-,
$50,-»
recently
basis of about 4.01%. Due
(year-end)-.-—L
Corp.
Co.
Avondale ■ Mills
20
.
Paul
*—•
Construction
1868
deb's.^:due: 1945S—,Jan2
Texas Southwestern Gas Co., 1st mtge. 4%s. due 19.56-'_De,c'28
United States Steel Corp., serial, debentures, due. 1944,
»
.1945, 1946, 1947, 1948 and 1951
Dec 31
1949
15,
,;.Dec
a
1944 to
of
was
■
Studebaker
1949
Fuel
Metal
Art
.
dueyi946---^----._--:----;-;-L>-V-^^'-.rT';i^Jan
Studebaker
-
1943_Dec 30
2% equipment trust certificates, due March 1, 1943~_Dec 30
Chicago & Southern Air Lines, Inc., preference stock^-Jan* 1
Cleveland & Pittsburgh RR., general mortgage bonds__Dec 31.
Commonwealth Edison Co., 1st mtge. 3 'As, • ser. I,.due.
•> A;
equipment trust certificates, due Feb,
A,
Standard
»
-
mtge.
Feb.
A l34'A
.
0.60% bonds, series G-2, due
;
AA-LAAi
:
—Dec 30
Improve,
1935
99.80,
Ltd.
Republics
1332-
1960—-Jan
Staley, (A. E.) Mfg. 'Co., 7% pref. stock..^——Jan
Bleachery & Printing Co., 5V2%. mtge. bonds
...
Chesapeake & Ohio Ry.—
1611
2042
Standard
2034
5%% bonds, due Dec. 1* 1946_Feb y 1
Central Indiana Gas Co., ref. & impr. mtge. 5% bonds,
due- 1957 _AAA-A~iAv--;A-AAALAT-AAiA;-MaiA-fr-
-
v
-
Co.,
American
-,^:%i'V^>,K':2.646.v
1146
notes,
by
Montreal,
from
on
JName of Company
Metal
Meier .Co
American Screw
collat. trust bonds, series A, due July 1,
Sisters of St. Joseph, Alberta,-1st 6s, due 1937-1948;-^Jan^;2;.%1157
625 Skinker Boulevard Corp., 1st mtge. income .bonds,i;V'i--;;;i:,'Ty::y;'";.:v. T
•
1st
.
-
-
issue
school bonds
of
Co.
above, at the
American
•
;„,_AAy.^A-A-.AA~.-Aynec 23
•.Atlantic Coast Line RR.
due
Bonds. Sold^-An
.
1,
American
-
A'A
•••;;,,•.••
bonds,
Nos.
redeemed
-
of
School .Dis-
Per
Philadelphia; Transportation. Co. consol. mtge. 3 % -6 %
-•
•
bonds, series A, due 2639-.-^,-——ri—y.„_^-i—Dec 45 *. > • 1869,
Pittsburgh Suburban Water Service Co. 1st lien & "-ref;V V
mtge. 5% bonds,'series A—--.-V.---y;;^-Ti-4T-i.iL:iJan 13 V• 1869
St. Louis Public Service Co., 1st mtge. 5s, due l959'.i^^De'c.>23;yy; v:2045:';
Salmon River Power Co., 1st mtge. 5% bonds, due 1952_Feb vl % 1694.
Seaboard Air Line Ry.-Seaboard-All Florida Ry.*;>; 1stV"; ".Ty/'Vy1
mtge. 6 %y bonds, series A and Series
'31 "'iik 1958
Sisters
of
Charity
of
Cincinnati
(Good;y-.Samaritan:■
'. Hospital and Seton "High School)
1st, and ret:/nU«e.
2003
-
-
Realty Co., 1st mtge.
1938,
will be
*
.
Que,
trict,
Page
Phelps Dodgp Corp., conv. 3M>% debentures,-due 1952--Dec 15
Philadelphia ; Rapid Transit Co., real estate •ist'-ihtge;'
6'r- gold bonds of C. Benton Cooper, due Jan, !, 1944;Jan
1
Pag«
,
-
'
-
Protestant
Y'.V
.
Treasurer's.:, office,
Netvs & Hampton Ry., Gas & Electric Co.,-: •
-iiypV
ref. mtge. 5s, due. 1944
——————Jan -1
t2288
York, Chi. & St. Louis RR.t; 6 % deb.y due* 1950—-lDec-30 ; V1868
York Dock Co., convertible 5%
notes, due 1947—-_Dec; 17
2042
York Railways Corp., prior lien bonds, secies' A, • : ;
:
Parkview
-
Feb
bonds, series
Corp., trust 6%
1964
Date
1
Bearing Co., 1st mtge. 5s. due 1.945J—-r-,^%_Dec 15
North American Co., 3%%
debentures, due 1954--1:-—Dec., 21
Ohio Oil Go:, preferred
-Dec:. 15
;
1
gold deben-
Corp. 5%
1928
American Utilities Service
County
-
23
—Dec
1943
Corp.,
bonds
the dates shown
on
-
'
.
price
a
QUEBEC
Richmond
purchased
Nice Ball
.
Date 1
•
1, 1943
Dated April 1, 1938.J
/due -1958
v,
given in the "Chronicle."
were
Great Southern
y :-y.' y'yy
and
,
1962.
000.
.
preferred and common 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
Due in
Co., both of
at
pfivabout;:3.78%,
basis
a
000 4%
,Said
jointly,
Due Aug. 1,
Relief,. Series
1st &
New
due
par
follows:
John,
201 to 400, to the amount of
$200,-
redemption of vari-.
as
April
was
$50,000.
$500,000 issue.
a
Newport
New
Alabama
y.Poor
C. Nieder-
ous
after Sept.;
St.
*
John
—
the
on
Company and Issue—
Alleghany
Part of
On
improvement bonds
and F. J. Brennan &
Dated
of
amount
Aug. 30, 1938.
.
1, 1947, in inverse order of their; accrued interest,
Below will be found
$220,000.
1943.
(P, O. Kenosha);
Wis.
*
"
; ,",
4%
\
.
$100,-i
recently sold to T. M. Bell & Co.
101.75,
the
Kenosha County
any
which the details
of
Dated
WISCONSIN
specific¬
-
000
1, 1936.
to
ISLAND
EDWARD
A
On Feb. .1, X943
amount
Feb.
1942
Charlottetown, P. E. /.
Due
A
250,
The As¬
Redemption Calls and Sinking Fund
the
27,
A";
Bonds Sold—An issue of
,yAf/ ^
j. Refunding,: Nos.- 141 to 360, to
in
lot
*/\a'
A
from any other funds not
on or
by*
pro-;
as
Dated Jan. 20, 1938.
Jan. 20, 1947.
^.Corporate Purpose, Nos. 201 to
Chicago. fy
ally prohibited by law.
interest date
$30,000.
betterments;
APRINCE
Nov.
1943.
270, to the,amount of
approved, by Chapman & Cutler,1
1948 to; prim,
by
and
0.522%.-.Dated
and due Feb. 26,
/'
Corporate Purpose, Series 1938,
Nos.; 241 to
system including all
20, 1939.
of
to
$11,-
$17,000
redeemable
•;
entire
ginia,; 1933, ;as amended. ; Legality
and. 1968,
Bonds maturing in
are
the
1, as; vided by Chapter 26 of the Acts
1946,' of the Legislature of West Vir¬
.
$12,000
and
1973,
of
of
500, to the amount of $300,-
000.*- Dated Jan.
ex¬
additionally secured
in 1965 and;
1967
to the
payable solely
are
revenues
are
201 to
irnprove-
statutory mortgage lien
a
$15,000 in 1969 and 1970, $16,000.
fund
sinking fund
new
in
1966,
tender.
vances
$9,000
1953,
and.
1949, $8,000 in
to
the
improvements
1942.j
Due Sept.
.
1963 and 1964, $13,000
15-mill
creation
The
to
000
other city, to levy
buy in these bonds
"to
Sept. 1",
for
and
betterments
water works
bonds.
$6,000 in 1945 and
$7,000 Jn .1947
permitted the City of
general tax within the
a
Dated
and
from
$328,000
drawn which 1956, $10,000 in 1957 to 1959,
was
or any
of
revenue
$1,000.
1950
bill
ment
&
County
isting system,,
follows:
L. I. D. bonds.
a
shall
Stifel.j
Denom.
retirement of
'
In 1937
offering
public
Interest M-S.
portion of the
to
in,Mar¬
^
An
—
composed of Johnson
3%% water works
received at tax-title sales'
money
:
Nicolaus & Co., Chicago, is mak¬
against the property
foreclosed.
so
eliminate
the
Va.t
Offered
McLean, of Pittsburgh, and
property
complying with the State law,
but
Publicly
account
within the improvement districts,
was
for
VIRGINIA
McMechen, W.
are
County,
securing, funds
House but it died in the other.
one
on
the
they
the
operation of the cities, neglected
to give the bill any support. The;
bill succeeded in getting through
the part of
Seattle to pay the bonds issued
previous to June 7, 1927, although
legal
V
On Jan. 15, 1943
maturity at 104 and- accrued in¬
,'\ .A presentation
and
surrender
of
terest.
Poor Relief, Series
Principal
and
interest;
1935, 'Nos. said bonds with all unmatured
payable at the State Sinking Fund; 201 to 500, to the amount of $300,- coupons attached. A;
••
>».;
Commission, Charleston, or at the; 000: Dated J an!
15," 1935." " v
National City Bank, New York;
Poor Relief, Series 1936, Nos. 61
These bonds, Issued
to provide,
funds to enable the city to-acquire to 300,..to the. amount of $240,Canada (Dominion of)
the
existing
privately
owned j 000.;Dated Jan. 15, 1936.
;
Treasury Bills Sold-^-An issue
water works system serving the
';On Jan. 20, 1943
of $45,000,000 Treasury bills was
cities of McMechen and Benwood
Poor Relief, Series 1939, Nos. sold Nov. 26 at an
average yield
and adjacent territories •
Washington Munici¬
introduction
of the bill and then being inter¬
sonable effort to collect the as¬
sessments and properly disburse
.
of
sociation
to the revolving
Monday; December 14, 1942
75C
12-19
1-
1-15.
12-10.
y
2
(quar.)y_L
tl5c
:V n
12-15
12-15
1-..2
Heating ALA A_A_i Al'L iz.
,
.;
12-15
11-30,
'
;
;
.J,' '
(•:,
■<
. ■■■■■
.'i.y }
V, "■
.
1
<
When
Payable
Consolidated Cigar Corp., common (year-end)
,7V preferred (quar.) _.XXXX_XX__,—
".6V2/> preferred (quar.) XX—__X
*r
.
'
"/.(Baltimore)
&
'
'- 30c
12-28
12-15
80c
12VaC
35c
$2.00
30c
'jl
20c
50c
12-28 ;
_X__XX—__XX___X'X'
iXx_X
com.' (year-end) I
Consolidated Retail Stores,
_J——--X—
(quar,)
(Reading, Pa.) " (year-end) __
Continental Bank and Trust Co.- <N. Y.*)—; '•
Gas
Consumers
Quarterly
x
;
.
Continental
Baking Co.,
.
-
,
(initial)p.
common
<quar.)xXlXX_X-XX_-_ '
.; /vVVx/V/;
8% preferred
1-
12-15
12-16^
$1.50
$ 1.146
V12-31
(accumulated) ___:,_~_X_XX,
preferred
Alkali
Co.. Ltd.-—
Steel Construction
Disher
12-18
12-10
12-19
12-21
/'
'
12-11
12.-22
M12-14
$2
1-
$2
2
-
3-15
.
12-21
$2 Va '
12-21
12-10 :
25c
12-28
12-18
.'
12-18
1-2
12-30
12-
9
Water
_
iquar/)___xXxXX_X
12-15
: 12-14
.12-10
v.t.c.—X-x-25c
Federation Bank b Trust (N. Y/)XxX>xx'■/•''
50c
Fehr (Frank) Brewing, 6 X preferred (s-a ) X
3c
Ferry Cap & Set--Screw— __^_XX~Xr__Xi
25c
Fidelity & Deposit (Md.) • (extra)
$1
Fidelity Fund, Inc. tquar.iX-^XXX-XX
15c
; Extra
•/',■ v.I 18c
1-
1-15
1-15
■
'Class B
Telegraph
•.
•
'Extra
-
Fulton
Company
Service
—
Class
Co.,
■4;.
convertible
,'v$3
Garrett Corp.,
(quar.)_
:
common
12-15
common
12-15
1-15
12-19
12-18
'
12-15
■
-
.12-31
.
3-31 *
Oil
Co.,
T.)
$2.67 preferred
12-21
Co.,
Locw's,
12-10
.12-31
12-14
12-31
12-14
1
stamped com.
(quar.)
;•
1-
:
Co.
:
\
12-
12-21
12-30
12-21
12-22
12-15 f'
1-20
1-
2-
1-20
v
I
Mahon
1-
•
'
12-26
f
12-15
1-
-
12-
1-1
1-
12-15
,
12-
20c
Hawaiian
Heller
.f
•
(quar,)xx—
.:
m F.xtra.-'—_;xixx.:—
17-preferred-(quar.)_——.i2_
.
*— •'
x
1
•
:
12-15 M
.
12r28
2
12-19
1-2
12-19
—1- - 2
r12-19
1-
12-24
12-
12-28
12-21
1T 2
12-21
1-
1-
•
2
V
—
2
-.12-15
1-2
1-15
12-12
•
.1-2
12-17
1-
2
12-17
1-
2
12-18
12-10
1-2
(year-end)_x_
-
■
12-14~
12-3 6 #
-35c
12-26
12-16
4334c
12-26
12-16
•
-
,
,
pfd.
(quar.)
12-18
12-31
11-23
12-21
12-10
$1.25
12-15
12-11
2
12-11
30c
12-21
12-11
12-21
12-11
$4 y2
12-23
12-12
$1.25
1-
2
12-15
$1.50
1-
2
12-15
$1.75
1-
2
12-15
$1.00
1-
2
12-15
1-
2
Bank
on
Lives
12-31 ;
12-19
12-21
(s-ai
$6 pfd. (accum.)
Light Co.—
__
$1.25
(quar.)—__—X_—X----
preferred,
12-19
75c
2
12-15
1-
2
12-15
12-21
12-19
12-23
12-14
12-23
12-14 /"
12-20
12-31
1-
2-
12-20 •
$10c
1-
2
12-20
t$1.37Va
1-
2
12-20 ;t
1-15
43 %c
$$l'/4
1-
2
12-16
12-
4
$55 Vac
1-
2
12-
1-
2
12-
8
$1.75
1-
2
12-8
$1.75
1-
2
12-
____
12-15
12-10
$2 Va
_Xi'xx
$2
1-2
12-11
SIVa
12-21
12-14
2
12-24
$l3/4
$5
15c
City Coppertfirregular)
preferred
Common
_____x
_x_____
$3.
40c
I-
12-18
12-10'
2
12-21
II-30
31-20
11-30
11-20
1-
$1.183/4
1-
2
12-22
$20c
1-
2
12-19
$$1%
1-
12-31
12-13
11-27
11-27
15c
1-20
12-31
20c
12-26
12-
50c
12-22
12-17
Co.
Cedar
Orford
of
Co.
1
'Class
"
—
9
12-
1-
2
4
2
12-15
50c
12-24
12-15
$1V2C
1-15
$1
12-15
$$l3/4.
\
12-15
12-
5Vu% pfd.
—
1
(quar.)
A
Service
.
12-23
12-23
12-11
12-23
12-11
$2 V2
12-31
12-
25c
12-31
12-24
...
$8c
—__
of, Colorado—
9
41 % C
1-
2
12-19
50c
1-
2
12-19
58VaC
1-2
12-19
20c
12-21
12-15
20c
1-27
12-18
87 V2c
1-
1
12-14
$1V4
1-
1
12-14
12-19
12-11
:
25c
(year-end) _______
Bit Co. (year-end>—
—
(year-end)—
-----
(year-end) _^—X__u._—_—-—
Rice-Stix Dry Goods Co., 1% 1st pfd. (quar.)
2nd preferred
(quar.)
,x
—:
Richman Water Works, G'A pfd. iquar.)— __
Rieke Metal Products (extra)
—
Quarterly' _X——-—x
—
Riley Stoker Corp. (year-end i_,
Ritter Co., common (quar.)—
—-
Valley, RR. (s-a)
Rose's 5. 10 and 25c Stores (extra)
Royal China. Inc.' (year-end)~
Ryan Consolidated Petroleum (year-end)
2
12-16
12-
$134
$2
12-28
12-22
St.
Paper Co., 7% pfd.
Louis National Stockyards—^:
12-26
12-15
St-.
Regis Paper Co..
12-15
50c
12-26
12-18
75c
12-29
12-19
2
12-22
30c
12.-23
12-10
$3
12-15
$134
1-
12-
8
2
12-15
12-26
12-11
15C
12-26
12-11
12-15
$4
1-
$1.75
1-
1
$1.75
1-
1
12-15
$1.50
1-
2
12-11
?nc
12-30
12-15
30c
12-30
12-15
15c
12-17
25c
12-28
12-18
12-10
(quar.)
25c
12-28
12-18
12-28
12-18
12-21
12-11
$2
Rochester & Genesee
12-22
12-11
12-28
60c
convertible preferred ..(ouar.X
Metal Co. (year-end)—
Riverside
12-10
12-11
8c
$1V<
.
50c
12-19
12-19
15c
<R. J.) Tobacco Co.—
iy.ear-end)
30c
50c
50c
QrA preferred iquar.)
Reece Folding Machine
Sabin Robhins
.
—
'
Reed Roller
12-19
6
$$13/S-
XXX-Xx.XXx_____—/
Co.
2
1-
25c
iquar.)
I"
40C
& Co., Ltd.,
(George) Fund of Boston.-—
America, common (irregular)
$3.50 1st preferred iquar.) ____——.——
$5 preferred series B (quar.Xx—~~_xx
Ray-O-Vac Co., common (quar.),——X—X,
5%
12-
$4.50
Ltd., 7 X'pfd. .(quar.) xX?
America_-:_______—
12-19
3
12-19
12-j 19
——X____________XX
Common
8
12-15
12-23
12-15
•Class B
'
12-15
12-23
12-22
Reynolds
8
$66 v2c
12-15
2
50c
preferred (quar.)—
_____________
Remington Arms Co., common (year-end)_—
6f/o
preferred (s-a)
_______—X_
Rensselaer & Saratoga RR- is-a)
12-15
2
$2.60
(quar.)_______
1rio
'TV
11-
12-23
$1
2
Atwood Mfg.
&
Reliance Mfg. Co., common
12-31
12-10
1-
—
"
$30c
12-18
12-18
15C
J___.—.XXXXXXXXX.
Radio Corp. of
v
12-10
12-31
12-28
2C
50c
Putnam
12-18
25c,;
.
12-14
9
20C
2
3
1
1-
5
,;.$i
(monthly)
X--—X
(monthly) Xx_XXXxXX.
'7Vfl preferred (monthly)—
12-19
12-
$2Va
.
iquar.)
5%. preferred
6% preferred
12-24
8
5
12-15
1-
Public
12-24
12-
12-
1-
V
'
12-15
12-15
12-15
25C-
__
Bldg. & Loan Assn. (Bait.)
,
12-30
12-24
15C
Worcester RRf_xX~_____r;^X
Prudential Personal Finance (Bait.) —
-
1-
12-12
12c
Providence. &
12-15
12-18
25c
Special
2
12-18
12-15
$1
(year-end)
Providence
1-
T
Co.
12-10
20c
•
10c
$2c
Gas
12-15
12-16
40c
(year-endixXXXXx..1
Proprietary Mines,, Ltd. (year-end)
Washington Insurance
12-17
5C
v
Coal
Price Bros,
12-14
2
12-29
1-
1-
40c
Gold: Mining.,
__________
Prentice (G. E.) Mfg. Co. (year-endX
12-15
12-31
12-11
..$3 V2/,
12-
25c
Premier
10c
■'/■•;
Cpntainers^lid.;,;ccimmon "(quar.)__
Liquidating.: CO.' (liquidating)
12-15
12-31
1-
1-15
Potash
V
••Inc;Xx_X___xX_-_
preferred;(quar.)-_XX:_
12-18
2
Porto Rico Power,
X
$2.00
Nabco-
12-31
12-28
75c
_
1
Port
12-
preferred "(quar,)—X.;
''$7
II-20
1-15
15c
12-21
-preferred' (quar.XXXx-^-_--_—x_
*\5Wr,i>" preferred'/ (quar.')t-^Jx
Murray /•Ohio''; Mfg.;XXXXr'rxX_x--^___
-Meyer-Blanke CbX.'commohr(year-end) i_;X
-
11-20
12-10
10c
.
50c
.
.
(s-a) —
(yeaf-end)X'XXX-X
:X—•
Murphy (G;;C;) Co.', 43/4yX pfd. (quar.)____
Murphy Painty Ltd.,;.'common:
;——
-•«
'
12- 8■
2
12-10
non-cumulative
Mountain
12-10
12-24 *
12-18
12-30 /
50c
> Morganton Furniture,; 6 V
1-2-.:
1-
■
20c
Morrison! Cafeterias; '7X": preferred (quar.) X
Mount Vernon-Woodberry Mills, Inc.—
r ■
•-. Preferred
(accumulated;•>X_x_—X——
J12- 7
12-14
35C
$1V2
i-X:XX-X-'X—__i'/
RR; (s-a)
12-10
$1.25
Plymouth Cordage Employees' Stock (quar.)
Special
—
Pond Creek Pocahontas Co'._____
12-30x
xlXX_X'XlX-^rXi---^---/'-------,:://./;:., 50c
Morris Plan Bank; (New, Haven); (quar.)
•
•12-1-
12-10
••
12 VaC
12-21
Extra
12-15
$1
(quar.)______
Morris & Essex
12-14
50c
12-24
25c
;& Co., common
12-10
12-15
12-21
$ 1 Va
Semi-annually
1-5 2
./•/
(quar.)
12-18
12-23
Plough, Inc.
:
1-2
8c
12-16
$1
SlVt
Plaza Permanent
5
12-15
50c
:
12-14
12-28
2
50c
Moore.
1
12-14
12-24
12-12
2
1-
50c
"V: 2c
Pittsfield
$5
$$6
Corporation' Ltd., common tquar.)__
Extra:;X-XXlX---_LX/-———j.—
,pfd, A'tquar.,) (payable in U. S. funds)
V'v pfd.'B (quar.) (payable in U. S. funds)
Moore Drop Forging, class B (year-end) __i_
12-14
-
12-24
1-
:
■
'
12-24
12-18
commonX>X;—______X
Plume
5 V2 % - preferred Mquar,) X£X_llX__—XX'-'..Mbrieta Porcupine"'Mines; Ltd; (quar.) xxx
Monongahela. >Vest' Penn. Pub. Ser.— i. ;•
."«• 7 % .preferred* (quari") X_'X"I I——
.'X
Montreal R,efrlgeratidn ,& '-Stbrage, Ltd.-—
!; $3- preferred * (accumulated) L_xx_r_x-—
-
$3
12-31
12-31
t$lV2
Modern
12-31
(s-a)__
(quar.)______
12-15
1-15 >
1-15 ;/
'X 75c
12-11 1
12-24
\
75c
$2
'32-19
12-31
12-19
25c
Paper Package Corp.
Pittsburgh. Coal & Gas .iquar.)
$1V4
-
Millers., Fdlls.,Co.i.iXXr-i.X;ii___-_______'X_
3 2-15
■
,
40c
.
Mid-West; Refineries,
12-26'.
-
31V4C
V $1.25
_:
12-18
12-10
(year-end I'X
Pictorial
1-15
GipCorp/
8
12-16
—
12-31
...
;
12-
& Trenton RR. (quar.T
(year-end) xX^XXXxXxXX'
Phillips Sqrew Co.___,
__l
—_______
Phoenix Insurance Co, (Hartford)
(quar.)--•
12-15 •>.
1-25 ;:
8 r'c
-
Agricultural (yetu--end).i--—2—^
Pineapple Ltd. i(year-.end)_—_z_'-l
(W.-E.-) •& Co;,'common:
1-27
12-10
New York
8
12-18
Philco Corp.
12-18
preferred iquar.)
1 Arthur
G^), .class B
8
-12-
Petroleuma Exporation, .Inc. /(quar.)XrX'X.r
Extra
—' * ——i--'-,'—1
12-11
,
,
12-11.
Extra
Hawa-Pan
_
^.Participating preferred (participating)XX
Midland Steel. Products, common
'
12-28
•-
12-17
12-15
Metal Textile: Corp.,- common
.
12^19
31%c
;02444c
50e
90c25c
IQc
;
(quar.)_
12-18
-
12-18
2
12-28
1 ;
12-22
12-18
12-31
12-18
Y.)
12-
12-23
Pepsi-Cola Albany Bottling Co. (initial)—
Pepsi-Cola Co. (year-end 1
Petroleum Corp. of America
tyear-end)„_x
Petroleum & Trading, class A (accumulated)
50c
(quar.)___
1-2
1-" 2
1-15
25C
—I-
1-2.
"
1
50c
?. Messer
,
12-15
2
12-15
2-
11-20
-
My'ear-end)___-^_____^__/
^increased s-a)
2
(quar.)___—
Investors,
Pepeekeo Sugar Co,
12-15
convertible!
I X --Extra
12-15 ;
12-31
(quar.)X——X'X~-X
—--
Co.
1-
preferred (quar.)___,x——
X6% "non-cum. pref.__
$5
12-14
12-23
$1.25
',.32-18
12-31
$63c
t$2.50
4
11-20
(quar.)X*—X
/'■XX: Extra. 'XXXX-X'XXXXX-.X.r.X-.xX
■■'-•if', 7 % preferred (s-a iXr-xx-^X^Xil^-Xi;
-
12-18
1
1-
$ 13/t
$62VaC
—1
C.)
2
Philadelphia
■;
,
Merchants- Bank of
9
1-
1-
75c
12-15
Extra
(R.
Mead Johnson
12-15
.12-14
12-14
12-31
62VaC
;
12-21
25c
$1
12-15
4
$21
McQuay-Hoflis"' Mlfg, .60.■ (quar.) ___________ ■'
McWilliams Dredging Co.--_x_X---i'------
T
.
'
(quar.)
McKee
12-12
7
30c
"X.6'/«
-
,12-15 1
2
12-
12-22
<
12-19
1-
preferred .(quar.i:
1
preferred (quar.)v_________^_^—;XX'
$7 preferred (quar.)—______„_Xx
Pennsylvania Water & Power Co.— ,/
Common
(quar.)___—
3-15
1
Southern
Pennsylvania Power
5
37 V2C
*
;':V:Year-end"xXXx^_X__XXx-X'Xx---X"
12-24
2-
1
12-21
50c;
(accumulated)
.;X'V
(-quar.XX__,xlXXli:_:-___'_Xl^L
(quar.)
Pennsylvania Industries,
12-31
1-15
$1.50
Mat son
.
i
2
1-
2
$6
1-5
12-15
25c
1-
•
60c
Navigation-" (year-end) _X_—>-X--X
/■•X:" 15c
McColl-Frontehac Xlill common
12-16
li 2
iiQuarterly.X—x:
_x_—
■
$3
Hartford Fire Insurance Co. (quar.) ___i—-50c
1-15
$1.50
5'o
vX$2
12-16
1-2
.1
50c
37 v2c
Midland Trust Co. jN.
2
1-
12-29
12-14
;,
Co.
$5 preferred
Pennsylvania Exchange
12-
4-
12-19
50C
(year-end)
Pennsylvania Co. for Insurances
■and Granting Annuities (quar.)
5
12-19
50c
2
$5
2
12-17 -
$1V»
1-
10c
12-19
3-
12-18
41s/bC
$ 1V4
Sargent (quar.)_1__x_____l——__
Paul .Knitting Mills, - pfd,
(accumulated) __
Pavonia, Building Corp, (year-end) _________
12-19,•;
1-
2
20c
Pacific Wood Product's,
1
12-31
2
/
12-17
1-
Patterson
1
50c
Maryland -TrustiCq. ;(Balt.)
12-26
;6d>
1-
•1-
12-28
50c
PrQduceX_X_.__x__X
Pacific Tel. & Tel.,.
'
1-
$1.12V2'"
Manufacturers;Trust/Co. (N. Y.)
12-18
12-12
$1.30
Marine
2
12-22
60c
preferred (s-ai:
X__-__-____
Manufacturers.; Life Insurance Co. 1 Toronto)
Semi-annually :XxxXx_X_—
12-18
1-
12-18
50c
:
12-18 *
12-28
12-18
37 V2C
•:!
Leather
12-18
2
12-24
5X pfd.
(Seattle)
Service
Public
Pacific
12-18
2
1-15
20c
Marine
I
2
12-23
1-
12-20
50c
$25c
(quar.
Lighting,
Pacific
,
$1
preferredXquar.yiX'XXX-'
Midland Corp. _--X__-X_;__^___X
12-
12-15
12-12
mv
Co.''.(year-end)
Mahoning-Coal RR.r conimon (irregular)
;• v:
12-10
.v
12-20
Pacific
$iv2
,
;
-
.
12-15
12-23
1-
12-15
12 V2c
4
,
2
1-1
—
12-22
1-
1-
_x___X,_________
Pacifib American Fisheries, Inc.
Pacific Can Co.
(quar.)
Pacific FrUit b
12-28
50c
$2.00
$1.25
$15
1
loc-;
.
preferred
6'.c
I-15
12-31
$5
.
12-15
12-30
1
Co._X:
Sugar
Orange & Rockland Elec.,
1
1-
25c
Louisville Gas'& Electric Co. (Ky.)—
,
.Common ^increased) XxXxp
XxT,
5%■ preferred ,(quar.-) Xx—
preferred ($25 par) (quar,
Lykens Valley RR. & Coal (s-a) X___.
v
5 *
1
1
12-17
2
1-
50c
XXX'X
:X__lX'
1-
$134
preferred (quar.)
4X: preferred (quar.)_
0V>
1-
$1%
M
12-31
(quar.) X25c
(quar.)I—-125c
5Va'« preferred1 (quar.)
13%C
Guildford Realty Co. (Bait.):—. . ■
.
.
a* t6'A" preferred,
(accumulated)
-75c
Halifax Insurance Co.X/reduced-s-a)'—+40c.
Haloid Co.
—X—
25c
Hammond Instrument (year-end) X'—XX■
*.5c
: Hanna MM.. A.V Co. (year-end)
X—X—.
- 65c
Hanover Fire Insurance .(quar.)
30c
Harding .Carpets. Ltd. (s-a)—_
,
JlOc
Harris TrUst & Savings Bank (Chicago)— •
'.
12-
/
-IncX;^f:X'^^XwXiLX^4XM-X_X'',
Class. B
I
12-31
Greyhound, Corporation, /common
12-15
(quar.)X-XX,—
guaranteed preferred
I
1
12-
12-15
'
•t
Onomea
Stores,
CoX-I—*
Class A'/
12-15
2
12-15
56Vic.
{$1.2'5 participating, preferred-(quar.)i—__
iu:Participating.
12-15
Louisville Gas & Electric ^(Del,)—;
*
12-11
class B_:_!„I^_-_X_L_—>
12-22
; 5oc
&
-
12-15
1-
12-15
-■
12-15
$1
Taylor (reduced quar.)_——X-—X
Louisiana & Missouri RR.-f-.
;■ /'v/'■ X"
Lord
8
•
12-23
-
5
1
1-15
2-
S23B
$2
12-15
$1V2
:
12-
$1V2
•1-2.
50c
"
12-15
8
58 VaC
____
12-15
2
$1
_
5
12-28
20c
5c
(irregular),!;—XX_X
4
12-'
12-31
$1
15c
.
12-20
12-29
15'^
(
1
1-
25c
:
12-
12-21
$1.25
_
'7preferred (monthly) _'X__---_l-X-_^._
Old Colony Insurahce ,(quar.)____
________
Special ■
$--X__X_Oliver United Filters, Inc., class B (year-end)
96VaC
4%% preferred -A- (quar.)
•
-12-14
TihteJiih)'X',XX'-JXX,':','X','.30c
common
12-18
25q
12-21 '
12-31
35c
preferred ''4quar,)XXii_Xii._-£.__XX '*.-•< 25c
Great West Life Assurance Ce. -(quar.) — IX v ' $$-3%'
Greene RR. Co.
(s-a)_X_X——X—$3
Greenfield Tap & Die Corp./ commonXxiX < •
$1
i
*$6 preferred 4s-a)
—_i-_
$3
i i$1.50 non-cumulated convertible preferred_
/• $1.50
Greenwich Gas Co., common.___t_j____-_12c
(W.
12-30
12-19
•
$i V*
67c
I 15c
V '5fA preferred, (quar.)
Grant
12-12
(quar.)XXXXX____.^XX_
Lexington. Telephone Co., common (quar.)—
5.2% ■ preferred • (quar.)X--.--Xxx.—Link Belt Co.. common (quar.)XXx—
•': 6
Vz'io " preferred v (quar.) xX-,_.XXXxX..
Lion Match"Co.XXXX_XXX-_T^-*——X_Lipton (Thos. J.), 6% preferred (quar.)____
Liquid Carbonic ;(quar.)_XX—X—XX
•
12-15
3114c'
: 75c
I 25c
.Extra:
Gordon
1-12
Stores
Lerner
•
12-
10c
preferred- (quar.)———
Globe Steel Tubes
'
Godchaux Sugar, class A (quar.)— „——^
*■. '.'$7 .preferred
tquar.i—
—Goodvoar Tire & Rubber (Canada)
<quar.)_
>
12-31
$$1.75
/Col-(yeaf-end),__Xi--XX;i
A.)
Lawrence ,:(A';. C.)
1-15 >
w,
(C.
Lansing Stamping
12-31
-
Kokenge
Dept.
'■;: Lambert'
-
12-16
12-24
&
Koppers
12-16
1/ 75c
:*4'/gfy" convertible
/
2
•$1V4
(quar;)X-IX___r._lX_^-__X
System, class A (initial)
(initial)-—_x_-X-XX__Xr—-_
B
Jefferson Electric»Co.
.
Co.,
2
1
1-
River Bridge
Kresge
12-24
,
Glidden
1-
2-
/($1V2
$6 prefel-red
12-10
$1
laccum.)
Atlantic Telegraph
1
12-30
(quar.).
General Printing Ink, common (year-end)—
iv'$6 preferred (auar.) .:_..;lXXXXxxXx..:? I $1V2
General Shareholdings $6 preferred (accum.)
' { ;• ...
V '44/3000ths share of common or 50c in cash
1 —
General Telephone Corporation, com. (quar.) -: L;-40c
i" $2.50 cumulative preferred (quar.)
—
62>/2c
General Tire & Rubber, 6% pfd. (quar.)_—
$l»a
.
2
pfd.
Pacific &
12-14
12-18
,
preferredquar,)—IXI-X Co., $3 preference class A...—
(irregular)X-—X-— XX-XX1X.'
Industries, 5'i preferred 1 quar,) iXX
General Paint Corp,,
1-
2-
,
12-31
$7
(clears all arrears)___
Norwich & Worcester RR., pfd. (quar.)_____
Norwood-Hyde Park Bank & Trust Co,~~
!Quarterly
;
__X~
Novadel-Agene Corp. (qiiar.)___
Ogilvie Flour Mills' (quar.)
'
Ohio Public Service, 5A pfd. (monthly)
l6 'A .preferred (monthly) _XXXXXxXX
"7V>
12-17
5
(year-end)
—
(quar.) I——_
Class B
General
12-10
:■
12-14
1-15
"
$1.75
u
12-28
(extra )X_~_
12-15
9
2
1-
Engineering Co.
2
12-1V
25c
.
Gentmer Mfg.
(,
12-10
12-19
12-11
12-
Northwestern Yeast Co.
12-14
12-23
1V2C
preferred "iquar,)__X-Xxi';
Kellett Autogiro Corp.
(initial) ____XX_X_
Kentucky Utilities, '6'A .preferred (quar.) _._
25c
30c
—
)5ty, convertible"
(
12-22
12-SO
i 2-21
$2
■
■7 'A /convertible
i 12-
common
preferred
25c
$1V2
12-11
$1.50
(year-end)
(year-end
NOrwalk Tire/ b Rubber, common (resumed)
12-14
12-15
12-30
$1.10
Industries
Northwestern Bell Telephone Co;
12-31
Keith-Albee-Orpheum, common _x——-X-
35c
$15c
25c
X.__XX
common—X-—X---XI
Investors
Gardner-Denver
Northwest
11-30
2
1-
50c
12-22
Juliet b Chicago RR.,
12-15
A
Fundamental
Northern
8
•
■
"(year-end) XXXXXXX'
15C
Class
4
12-21
15C
Co., Inc.
K'aufmanh
-
X
preferred (quar.) ___IX_XI_l_„__
(Md.)—
"(year-end) XxX_
Orpheum
:
12-
$1V2,
B
12-31
1-
$lVi
X
12-14
12-19
SlVz
1st pfd. (quar.r„
(year-end) —
Ltd. (resumed)
Corp.,
8
12-
(quar.) XixXX—_X_XI
12-19
Brewing Co.
Frontenac Oil Co..
12-
2
(year-end).r,XiX.-.'.'
12-18
"(quar.)——X-X
; 2V2C
.r—.i-XX—X~XXlXXrXX--;XXX;X'y.5c
Ry. Supply (year-end 11————
$l'/4
Fresnillo
2
,•
Electric Corp.—
(quar.)
12-14
:•
12-16
12-16
2
12-10
75C
Telegraph (s-a)_________
(year-end)
Telephone
Ry. (,s-a)XX--X
_x.
.Utilities, preferred (year-end)____
1-
.(irregular)X-—X-XX-:.
Co.
12-15
,
Central
1-
1-15
1-
1
12-26
Noblitt-Sparks
$1.75
12-24
12-14
$1
Share Corp.
$1.50
10c
1
$1.31 Va
________XJ___"
Nicholson File .Co.
$1X
12-17
1-
12-14
(R. I.)
preferred
Comomh
12-18
2
1-
12-
12-29
12-15
(Ohio)'
Niagara
9-29
12-17
35C
1
12-28
-.Tamcs
12-18
Foresight Foundation, class A is-a)__I—6c
& Kleiser, 6'U class A pfd. (quar.)__
371,2c
Fox-St, Louis Properties, $3 pfd. laccum.fX^
$L25
Franklin
9
12-15*
12-17
12-10
1-2
Mutual
York
'6'o
$ 1 Va
2
1-
Foster
Frankenmuth
12-
12-30
(quar.)
12-31
?25c
'/525c.
(quar.)—
(quar.)————
12-22
12-28
12-28
10c
$4.50
12-31
12-28
.
'
Foreign Light & Power, 6%
9
8%c
12-23
-
t
12-
;__X—
JulL.n
-'35c
Inc.^_—41 $1
class A
12-22
12-16
13c
Newport
,
12-19
r*
(Canada)
12-12
12-23
$1%
York
.Class A
■
Co.
12-24
8
12-14
iquar.)_______
Year-end
New
8
12-
$4.12 V2
taccum.)
London
New
-
12-
12-21
lie
(quai'.).
England Fire Insurance
NOw
'
12-21
12-29
Northern. RR. "(quar.lXXXX& Honduras Rosarlo Mining—
preferred
New
'
Northern
12.28
'
Motor
Newark
,
12-11
12 V2c
25c
1- 4 :
:.t
V 1- 2
iquar;) XX//X;/ $6
1-25
Filene's (Wm.) Sons Co., common (quar.)— ,
25c
1-25
X4VX' preferred ,(quar.)xx^—xXXXX $1.183X
12-29
Filtrol Co. of California (s-aVx—
^
15c
12-28
Firestone Tire & Rubber (year-end)50c'1- 2
First National Bank of New York iquar.)_^^
$20
1- 2
First National Bank of Pittsburgh (quar.)—
$2
4- 1
Quarterly
II'. $2
1- 2
Florida Power & Light, $7 pfd. (quar.)XXI':-.
$13A'.
a 1- 2
Florsheim Shoe, class A—-.—.—50c
1- 2
'.ClaSS B.
•'■ 25C
Ford
12-12
$1.50
1
15c
(year-endH
25C
.,1-4-
1-15
Fifth. Avenue Bank of New York
Food Machinery
12-14
7
1-
'•/
Irving' Trust Co. -(N. Y.-) . (quar.) IXlXxlX
Island Creek Coa 1 v Co;,. common _ _____ _____ *'
12-19
.
Publications,
..Ford Hotels Co.,
8
prior pfd.
x_»x_'XX X-XX'X-X—X-XII;
12-10
$1.00,'
Ironer
V■■ .Extra
.
•
,
Federated
12-29
12-24
25c
pfd. (quar.)
ef Canada—
Ocesin
living Air Chute
12-24
X 7'X 1st preferred (s-a)_XXI,XI ,
$3.50 j
'bX 2nd preferred (s-ai————> $3.00
Eversharp. Inc. < < initial) .XXXxXXXXX:X
50e;
Faiichild Aviation Corp. (year-end)
50c
Famous Players Canadian Corp.,(year-end>X,X, $50<?
Federal Chemical Co.,' 6U- pfd. (accuin.T-Xl
; I$2ti
Ironrite
-
12-21
$2%
Walker Dry. Goods, CommonX—;-X__ /-/
Ely &
12-15
$1.50
preferred (accumulated) ____XX_X-.
• Telegraph
(Maine) : .(irreg.) X ./
Investment Co. of America (quar.)
X_-x
12-15
12-22
50c
20c
-12-15
12-24
12-21
Elizabethtown
12-15
12-23
for ordinary Shares.
^ Investors^ Fund "C,XInc.
12-24
10c
20c
_
(quar.)
,12-23
15c
Liternational
'
12-24
Consolidated
12-12
■
X
Products
12-19
12-22
12-
12-11
35c
common
1st
12-
12-22
10c
1 'A
"
Balanced Fund
Electrical
$5.25
12-15
75c
laccum.}:
International. Pa per Co., ' 5pfd. ' (quar. J X::
International Pow6r Co., Ltd.—
'
v -y .
12-10 ',
,50C
Corpl,
Nehi
25c
International Paints,' Ltd., 5',b pfd.
$ii^X. 12-21
;
$1.1
:
'
$1
5%C
1
(year-endu,
Corp.
Co.. 6'A
Oil Co.
Navarro
8 *.
25c
.
12-11
1-
35c
preferred (accumulated)
Tool Co.' (year-end)
National
"
$5 preferred Y.t.e. (accumulated)
Eaton & Howard
(Stock Fund)—
1
12-22
25c
'
1
$1.75
prior
35c
X ,7 ^preferred .(quar. )X_"_:i_„
7X preferred
($5)?;.iquar.)__x_i
12-14
4-1.
International
Eastern Steamship Lines, common (year-end)
i
'$2 convertible- preferred <quar.)x_X
I
Eastern Sugar Associates-—X
X
■,
Co..;
12-28
5Var'<
& Michigan Electric Co.—
International Nickel
(Halifax)
Eastern Magnesia Talc, Co."(quar/lXvXXX
<
' Extra i X_-XXXX_XX.X2XXXXXx
Auto-Lite
12-
12c
6 'A preferred-lquar.) _X'XI——x
/7X'preferred.(quar.)xXX____^______X_
Insurance 'Co/ of North America (s-a) __XX
InsurancesharesICertificateS X__I—XL
Intcrbancf investors XlTar-bftdi
___X_ '
Iuterlake Steamship Co. (year-end) X-X^X.
International Coal'k -Coke, Xtd.Xx_Xx._-
v
12-10
mvx .■' 1- ' 2
Electric
12-14
1-
Investors
National Supply
,
12-10
(quar.)XXI—;
Indiana General Service Co.; 6'A
X Indiana
12-18
1-20
75c
(quar.)—
Eastern Canada Savings-fc Ldan Co.
7
50c
___________
Corp.,
8'!' preferred
1-
4$HX." 1,2-24';: .1.2-18
37 Vac V'; 12-15
12- 7
common____X--_xXxXx_
preferred iquar.) xX-i--*---~--~xx
8/;
«
Co.___
Manufacturing
Duplan
5
12-24
Bearing Co. ;tyear-end)XXX.
American deposit rets,
»;
.;V;X
'
^$1.50 conv; class.A preferred (accum.Xx
Donahoe's; Inc.; 6% cum. preferred (quar.)
Dresser
1
12-28
..
"
2-
•
,12-23
t,
.
50,c !
' 25c
12-
12-18
Co";''t irregula r) 1XXX_X__XX
Chemicak Industries, Ltd/-— f"
:
I. Imperial
12-15
1-15
•-/
.(special(XXI-X-X--Cement (year-endVX/iXX
Co.
Diamond Portland
I
^; $3
Giorgio Fruit Corp., .$3 pfd.. (accum.)
v$3
Diamond
9
2
Illinois Zinc;
1-15
'
$4
1-17
75c
X.x.
Y.)__1_X
.Indemnity. (N,
Ideal Cement Co..
12-15
,
2-15
Di
12-19
1-15
Derby Oil &
t
'
12-15
(s-a) __._„_X_XX____
National
1
45c
Inc./(extral__i._X_-X_--____„„__
Co. ,(quar.T^„'X:_„_,_X_X-'--X
.'Extra .'XXXXI___r___"_X_'
IXIX.
X.
Hummel-Ross -Fiber "CoXx*X_X_—
Humphreys Manufacturing Co., com. (quar.)
6 M/ preferred
(quar.iM-X.X—.X___,__X
12-15
1-
1-2
Tunnel
1-25
12-31
\
12-19
1
35c
'
2
12-28
XxXXXXXXX-XXXX'"''$1,25
(s-aiXXcXXXXXXXX'X
X $1
Refining'Corp., $4 pfd. (accum. t
-$2
River
12-16
12-
$1V2
rXX_X—'
Horder's,
"•
12-18
1
Delaware;RR.'
Detroit
12-31
How-e Sound
preferred
6>
;
(quar.fj
Cd'.,' Ltd.:
A.)
Hoover Ball, &;
12-28
County Power & Light, '5.*/»
Cumberland
,
12-28
Co.;.6'A pld.,(gmiri) XXX;
'% pfd.
Cuban Telephone
(D.
Iloneymead Products Co. .1 quar.) _._X___X__
Honolulu Rapid. Transit Co.x:
8
1-
X-''' 25c
(resumed
-Home
;
12-11
1
1-
12-
-*
11-30
1-23
Phosphate
Cork & Seal Co.
Crown
Holophane Col (irregular)X-I
2
12-15
Cd.XXXxXxX_X_X$1
Coty, inc.'.. (irregular)XXXI..XXX'XXX~ i'.
10c
Coronet
12-11
'V0
"
(quari)XXXXXXXX.::
prior preferred'
*."<..7
Holmes
1-
12-20
30c
12-14
1-
$1.75
1st
Mr'o
12-12
25c
Ngtional
5
12-19
1
•
(quar. )X'___:
,
1-15
12-11
' " $2
f
Continental Gas & Elec.—
'
Holly -Development
12-15
2-15
12-21
of Rec.
12-21
_'
40C
Hollinger Consolidated Gold'Mines imOnthly)
Consolidated Oil Corporation ' tquar.)
(special)
Candy Co., Inc., common_______x
preferred (quar.)l
I
I'o 2nd preferred (quar.)
XV
National Funding/class A (quar.) XX-X
Class B (quar.)!____,
National Gas & Electric Corp.
(year-end)I._
1-
$1.75
„
Holders
12-28
40c
1
Share
&
lc
*
.
Bond
National
lc
>
12-15
12-15
2
-
When
Payable
12 V2c
$5c
12-15
1-2-43
1-
Nash-Kclvinator Corp'.
5
12-
12-15
25c
31V.C
1-2-43
'
8preferred
12-
'
12-15
12-15
XXxx
(quar.)f_IXXXX
B
$1.00
'
12-26
25c
preferred (quar!)- X,
„• \V,i> prior preferred'. (quai'.X
;_x_X.X
Higgins Industries; 6/,«>' preferred (quar,)XI
Hilo Electric Lighting/Ltd. (year-end).
(quar.)._X_X_X_xX_X_
X--
Class
'
Power
COhsoiidat'ed Investment TrPs't ; (quar.) ii>:-_
".Special
1-15.
5"'A
coiiunon '(qUpi^V-XXXX-X; "
90c
B (quai'.)xX__x _X_X_'/ $1.12V2
,
preferred C
2-15
2-1
preferred
;
4'/i
Light
Gas,' Electric
Consolidated
3-1
Per
Name of Company
of Re a.
25e
Corp.-1 year-end)
___X__
llickok Oil Corporation, class.A (quar.)
'
$!%„
$1%
When
Payable
Hercules Motors
12-14
12-24
$1.50
Name of Company
0) tiec, ■
share
Holders
Per
share
Holders
Per
snare
•
,
Name of Company
•
2087
FINANCIAL CHRONICLE
THE COMMERCIAL &
£'•
Volume 156 X Number 4133
1-
2
12-19
1
25c
12-20
12-
25c
12-15
12-10
20c
12-23
12-15
$1.75
—
—
-7'.b preferred (accum.)
1-
1
12-19
$1
1-
2
12-21
$ 134
1-
2
12-10
THE COMMERCIAL & FINANCIAL CHRONICLE
2088
When
share
of Company
70c
preferred
Schmidt
Payable
Co
Scranton
Electric,
Seaboard
Surety
Seaboard
Surety
12-28
preferred
$6
10c
12-22
12-22
12-23
12-
2
1-
$l'/2
80c
12-26
(year-end)
Security Engineering Co., V'/o pfd. (quar,)__
Selected Industries, $5.50 prior pfd. (quar.)_
$5.50 pfd. allotment certificates (quar.)
80c
12-26
12-19
43%C
12-15
11-30
Leather
Seton
Shakespeare
Co.
Co.
$1%
1-
1
12-15
$1%
1-
1
$4.50
12-24
12-
5
$4.50
12-24
12-
5
Year-end
South
Porto Rico
South
Western RR.
Sugar
$6
preferred
Southwestern
(quar.)
preferred
$1.50
Coast
Line
RR,
Allied
12-31
Atlantic Gulf & West Indies
Sussex
Alpha
12-24
12-10'
Altoona & Logan
Portland
Aluminum
Standard
7%
Electric
Mortgage
Co.
Tri-Continental
of
Co.
$6
$4.25
12-21
12-15
1-2
12-18
convertible
12-11
12-11
1-
12-11
American
6%
$1%
12-
1
11-25
American
57«
12-
12-15
:.
50c
12-29
12-21
(quar.)
:
,
Chicle
Cigarette
12-
5%
2
12-19
American
1-2
12-19
Class
A
2
12-19
Class
B
12-19
5%
111-
t$l»/4
$iy2
(quar.)
2
class
A
ratio
of
1
12-18
stock
2
12-21
(monthly)
(quar.)
3-
1-15
3-
2-15
preferred
(monthly)—
53c
4-
3-15
58y3C
2-
1-15
4%%
___
;
—
(monthly)
(monthly)
(monthly)
——
3-15
58 MjC
.
3-
1
4-
1
$7
3-15
•
12-31
1-
2
12-19
1-
2
12-19
$1,75
12-23
87'/2C
1-15
12-23
(quar.)
—
—
70c conv. pfd. (quar J—
pfd. (accum.)—-
&
'_
(quar.)——;
1st preferred
Products
4
Valley RR. of New York
Viau,
Railway
Waukesha
Ward
1-15
Showcase
Utilities
Texas
Western
Grocers,
7%
preferred
New
Western
5%
York &
preferred
(s-a)
Westgate-Greenland
White
$2
i't :■■■■
2
preferred
S4 convertible
1-2
Wisconsin
$1
Wv J.
R.
7%
pfd.—:V
;
preferred
Co.
5%
preferred
12-24
12-18
12-24
12-15
American
2
12-21
1-
American
50c
12-
12-21
12-24
12-20
1-2
2
$3
(quar.)
.
1
2-
1
1-20
•;
1-20
Service
6%
American
12-16
12-12
12-12
Steel
Wire
.
Co.
Adams
(J.
Adams
Oil
D.)
Snuff
Co.,
&
preferred
(accum.
(quar.)
States
Insurance
class
A
American
Surety
Per
American Tel.
Holders
of Ree.
7%
Tobacco
pfd.
& Tel.
Co.
Transportation Corp.
American
Water
preferred
Works
(quar.)
(year-end)______
Copper Mining
Wire
Anglo-Huronian,
Ltd.
Co.
pfd.
(quar.)
;—_—_____—
Accessories
Corp.
(irregular)
2
12-11
1-
2
1-
75c
.
8
12-11
2
12-11
J3c
12-23
11-28
}25c
1-2-43
12-15
1-2-43
__
(resumed)
(s-a)
:_
f75c
•
12-15
■
12-15
50c
.
6% preferred
common
____
1- 2 '■
(s-a)_~.
—
12-15
12-14
Armour
12-15
12-
1-
12-18
Armstrong Cork Co. common (year-end)
4%
convertible preferred
(quar.)
Armstrong Rubber, class A (year-end):
Class B (year-end)
12-
Arnold
1-
2
5
11-30
Edison
& Co.
Arkansas-Missouri
Power
11-30
11-30
Arrow-Hart
11-30
Art
t$l3/4
1-
12-15
Asbestos Corp., Ltd.
75c
lr
12-15
6%
preferred
Metal
&
pfd.
12-18
12-11
$iy2
12-23
12-
9
12-23
12-
12-21
12-
12-26
$i%
12-26
Extra
12-4
12-
4
1-
2
12-10
1-
2
12-10
12-26
11-28
12-15
11-30
2
12-15
1-
1-
2
2
12-
1-
2
1-15
12'/2c
1-1-43
$iy2
5*
11-20
12-
4
2
12-10
12-28
1-
2
12- 4
12-18
11-30
$lVa
$1%
1- 2
12- 8
.
5%
&
Refining,
preferred
com.
(quar.)—.
12-21
12-11
12-18
12-
8
Steel
Co.,
7%
preferred
Co.
-
(quar.)
Black & Decker Mfg. Co. (quar.)
Co.
(year-end)
Erothers
Blue
Tobacco
Diamond
Corp
6%
1-
1
&
40c
Borne
Scrymser Co,
class A
Inc.
12-31
12-15
12-18
12- 3
62J/2c
12-15
12-15
75c
1-2-43
50c
is-a)____
12-19
(reduced)
5convertible
Briggs & Stratton
$1%
6%
pfd.
(s-a)
12-1
$3
12-15
12-
75c
12-15
1.2-5
50c
12-19
12- 8
:
(year-end)—_____
/ UIV*1- 2
1
712-15
.
160c
preferred
(quar.).
10-24
12-15
12-
40c
12-29
12-15
25c
.
12-15
$iy2
*
12-31
12-16
12-31.:
12-16
$1%
1
12-
12-15
11-30*
Oil
American
British
Columbia Electric Power
6
Gas—
-
■'/' t$l%
class
Fence & Wire,
Distillers Corp.—
(accumulated;
preferred
,
50c
12-
Piston
Ring Co,
12-15
Burgess Battery:
Bush Terminal Co.,
12-15
Butler
1-
2
12-10
Butte
Copper &
(A. M.) Co., 7% preferred,
the quarterly dividend of
Byers
ing
1
Feb.
1,
12-15
12-
1
Calaveras
12^15
12-
5
California
12-15
11-30
$iy2
12-15
11-30
$iya
12-18
12-8
12-24
12-17
J20c
12-30
12-
1942,
Ink
(resumed)
12-21
12-10
represent$1.75 due
thereon_______
12-15
1-
12-5
2
12-15
12tl8
12-11
i
12- 1
12-
4
j
I
'
pfd.
$1.8521
12-29
12-15
75c
12-15
12-
12-21
12-11
25c
12-14
11-30
50c
(accum.)___
12-12
12-1
Ltd.
(s-a)
i$iy2
1-
2
+62y2c
Breweries,
1-
2
.
3
12-15
12-15
(quar.)__;
|20c
12-14
12-
t30c
12-26
12-10
+20c
Co., Ltd.com. (quar.)
_____
1st preference
8
2-22
25c
!_
(quar.)
Canada Cycle & Motor
5%
4
12-
50c
Co., 7%
Canada
Extra
12-
3-1
$3
Co.__
1
Bud
11-20
12-18
15c
Copper Corp
Campbell Wyant &. Cannon Fdry. (year-end)
Canada Bread Co., 6% 1st pref, (quar.)
class B
12-15
i-
/
$1%
Calumet & Hecla
57o
2
12-28
$iy4
______
interest
11-30
12-15
$1
6% pfd. (accum.)
7% preferred (quar.)____
and
Cement
1
12-19
12-15
$i
(quar.i0c
Zinc
11-28
2
l-
$1%
;
(quar.)_„_____
2
Co.,
12-
50c
2
Water
11-28
12-15
10c
(quar.)___
preferred
12-21
$iy4
(year-end)______________
Co.
1-1
12-12
25c
common
—
Watch
12-18
f;
tlOc
(quar.)_______________^._ ;
Line___—
Pipe
12-10
2-23-43
$iy2
preferred
Company
1- 2
12-21
3-5-43
;
$1
1-
1
* 12-19
12-31
Buckeye
7
'1- 2
12-31
preferred (quar.)______;
Bucyrus-Erie Co. common (year-end):
12-
:
1-15
$5
12-
12-15
12-10
Pulp & Paper, Ltd. (quar.): 1:25c
___'—150c
Brown-Forman
12-15
2
1-2
,
1-15
Extra.
Brown
12-24
1-
3
12-15
1-15
Brompton
.
2
Columbia Electric Ry., 5% pfd. (s-a)
2'/2%
Columbia Power, class A (quav.)____ /150c
British
1%
1-
25c
&
preferred (quar.)
%
British
$6
(quar.)
1-
12-14
12-31
11-30*
Bright (T. G.) & Co., 6% pfd. (quar,)______
t$lV2
Brillo Mfg. Co;, common (irregular)25c
$2 participating preferred A (quar.) ______
50c
12-15
12-15
12-10
12-15
Burd
$iy4
11-30
1-2
75c
12-15
1
5
12-31
Corp
12-21
7
12-
12-15
Bridgeport Gas Light (quar.)
Bridgeport Brass Co., common
Bunte Brothers 5%
12-
5.
12-15
50c
6% preferred; (quar.)____
Ordinary (interim)
Corporation (year-end)
12-15
12-
12-
$1%
Breeze
12-21
12-30
3
12-5
Brazilian Traction Light & Power—
Bulova
12-21
12-
'
$2.25
Roller Bearing Co.
Bower
2
.12-18
(year-mid)
12-18
10c
12-5
$1
(initial)
Woven Hose & Rubber
Boston
Bourjois,
12-26
130c
y,12-15
12-
•
50c
Railway (quar.)
Boston Wharf Co. (year end)
35c
;
12-22
130c
(s-a)____
Albany RR
$1
__
12-26
10c
Elevated
Boston
12-8
12-23
$iy2
Brass__w______„_'_______
(F. E.), $3 preferred
Co.
(final)
Bullard
12-
12-21
10c
Management, class A
12-16
12-15
12-1
■■
1-15
1
12-8
12-1
Year-end
8
12-
1-22
2
12-15
$2
Aluminum
Boston &
l-
____
12-15
___:
Year-end
Booth
12- 5
2yac
'•■
6%
11-20
.
$iy2
(quar.)%__
pfd.
^
Blue Top Brewing Co.
Bohn
12-26
"$1
(year-end).
(quar.)
:
Blaw-Knox
$1
■
Oil
________
;.
Birmingham Water Works, 6% pfd. (quar.)_
Bishop Oil Company (quar.)^_____________
■
Ashland
12-31
25c
35c
;_
(quar.)
(quar.).__
12-15
12-31
(quar.)
Manufacturing
15c
com.
12-31
$1
(interim)
Brunswick-Balke-Collender,
8
12-15
62y2c
(year-end)
12-12
12-
12-31
(quar.)__
(quar.)____
Sharpe Mfg. (quar.)__
Bruck Silk Mills, Ltd. (interim)
12-21
1
-'y:
12-19
12-11
1-
12-10
1-2-43
1- 1
12-15
11-30*
12-30
$1
12-14
1-
12-15
75c
$1%
..V.' '
50C
12-
(quar.)_
preferred
12 V2c
Hegeman Electric
Works
4
12-15
1- 2
12-4
12-21
12-23
75c
9
$1
12-15
1-15
35c
Ltd,
12-15
2
1-
:>,•%'./i
1938
(Bklyn.)
$i%
(quar.)—_—
(year-end)
(s-a)-______.__.
1-
15c
7
11-25
1- 2
15c
Corp.—
$iy2
(quar.)____
(quar.)
1-
12-15
12-
12-15
t$2
(quar.)
$i%
$6 pfd.
(Del.), 7%
1-
25c
11-30
12-22
$1
.
1-
1$1%
(year-end):
Corp.
$3
Co
20C
(quar.)
12-15
50c
y
12-10
(quar.)____
Mines,
Brewing
$1
(quar.)________
Constable
River
2
f$l
"
:
(irregular)
$1%
—-
12-28
12-11
•
$1
(quar.),____
common
Corp.
50c
(quar.)
Arkansas Power & Light,
$7 preferred
8
:
(quar.)_
Corp.
5 7o
.
Aircraft
11-30
1-
l$3!/2
class A
Iquar.)
<quar.)__;
30c
Mills,
Arizona
$1
Insurance
Cotton
12-11
1
12-
110c
11-30
1-
12-15
25c
(iilterim)^
11-13
12-23
1-15
12-21
$1
__
(interim)
Anglo-Iranian Oil,'ordinary
12-22
12-15
11-16
$iy4
:
12-15
35C
11-16
12-16
$i
12-12
1
12-16
25c
Mining
30c
(quar.)
_____
_■
12-
12-15
25c
Brown &
30c
12-24
12-28
75c
Cable__
&
Arcade
i
12-10
12-4
$1%
(quar.)_
(year-end):
2
$1
Extra
12-22
37'/ac
________
12-15
12-21
12-15
$iy2
1-
37y2c
Agnew-Surpass Shoe Stores 7%
11-19
$l'/4
Ltd.
British
;
;
4
12-18
5
50o
(year-end)
12-
Casualty & Surety Co. (quar.)
Co.
12-30
12- 9
12-15
4
Electric—
&
1-15
9
12-30
$2.25
12-24
1-2
1-
12-15
12-
37V'2c
Apex Electrical Mfg. common.____
7% prior preferred (quar.).:
i$3.25
1-1
".yv
(quar.)
American
$6
1-15
12-15
1
10c
5%
4
Aetna
Insurance
12-5
t3c
Bloch
25c
$iy8'
Co.__^._____^____^________
$1
I
12-15
12-
10c
(irregular)
12-
35c
Agricultural
When
1
(Indianapolis)—
12-24
(year-end)
Life
12-21
12-15
$1
Birmingham Electric, $6 pfd.
$7 preferred (quar.)
1
12-
20C
preferred (s-a)___
American Tobacco, 6% preferred (quar.)
Andes Copper
Payable
12-
60c
25c
(quar.)__-
Extra
1-1
iquar.)
Birdsboro Steel Fdy. & Machine______„__u^
9*
12-15
25c
American
Ball Bearing Mfg.
Aetna
12-31
12-17
40c
(quar.)
(Quebec)
Borden
Stores
Sugar Refining,
Sumatra
Aetna
J
1-15
50c
—
Industrial Loan
Bethlehem
12-30
,12-
$3j/2
20c
(quar.)
B
11-30
35c
67o
12-10
1-15
30C
American
the
12-22
12-26
30c
A.J______w__/__ '
20c
/_
(year-end)
Supply Mfg., class
$1.50
12-15
20c
(quar.)
Radio
Berghoff
1
12-15
(year-end)
75c
(year-end)
Addressograph-Multigraph
Aero
12- 5
12-10
J12Vac
(quar.)
Bessemer Limestone & Cement—
12-18
i2yaC ■-
Quarterly
American
12-15
12-
$l!/2
5
12-28
12-15
25c
25C
(year-end)
Gas
12-11
1-2
12-22
12-22
(quar.)
Aviation
Berens
12-18
$1%
,
(quar.)___
40c
_______
Co.
12-15
}$1%
common
Packing
Bondholders
common
5
10c
12-28
„■
12-
Share
common.
Mfg.
35c
50c
(irregular)____
$2.50 prior preferred series
12-18
;v
10c
Co.
12-16
(year-end)
RR.
Common
1
*;
preferred
12-
12-14
12-
% $3
Anaconda
(quar.)
Express Co.
1- 2
iyear-end)_
Bensonhurst Nat'l Bank
12-14*
2
:—
class
12-14
12-24
12-15
1-2
12-19
'
(annual)
12-14
75c
——„—.
12-28
4
2
•
(quar.)_;_w
American
2
5
n.$l
American Stamping Co. (year-end)
Steel Foundries
8
1-
4
12-
1-
(year-end)__
preferred (quar.)
12-
1-2
12-
$1%
P.
Smelting & Refining^—
Common (year-end)
17o
preferred (quar.),_____r_*____j__,^__I' ;•
12-28
12-30
12-
12-24
20c
Building Co., com. (year-end)
non-cumulative
..IOC
25c,
12-24
12-15
1-
common-^..-,.--
(Del.)
50c
______
Extra
Acme
12-15
t$2Va
(year-end)
preferred
Beneficial
American
12-10
2-
Bendix
12-21
15C
preferred
Seal-Kap
preferred
7 7c
.
12-31
1-
12-21
2
75c
(irregular)
American Ship
12-31
12-16
$iy4
2
25c
WelfarejTrust class A (s-a)
convertible
6C
S
Adams
12-10
12-31
68%c
Telephone of Canada
1-
50c
Co.
1-15
1-
4 y2 7o
;
12-19
50c
(year-end)
Name of Company
Acme
1-2
12-31
$1
—.
1-
9
62y2C
!
American
12-15
12-20
50c
iquar.)
6'/2 %
12-10
(quar.)
Inc
preferred
12-
$iy4
Rolling Mill Co.,
(year end)
7%
Bibb
Cd._^___i__w_/__\'■
2
•:; '
;
Belmont
Special
2
75c
(quar.)
Anaconda
Works,
12-19
^
60c
quar.)
common
Belding-Corticelli, Ltd.,
1-
$1.18%
10c
American Seating
$iy2
(s-a)_
Bell
50c
American
1-15
12-15
20C
12-10
12-26
1
75c
12-15
2
preceding table.
Glove
11-30
12-30
1- 2
(s-a)___
preferred
Beech-Nut
11-19
American Safety Razor (year-end)
given in
Acme
2nd
1st
$iy2
12-14
12-21
1-
;;
4
give the dividends announced in previous
preferred
7%
6%
3
Radiator & Standard Sanitary—
Common
12-15
12-28
weeks and not yet paid. The list does not include divi¬
dends announced this week, these being
4%
12-
$1%
(Bi-monthly)
Co.
American Thread Co.,
Abboti Laboratories,
12-15
y
(reduced
Inc.
Mines
■'Beech Creek
12-15
40c
(initial)
American Public
$$1%
—-
—/
(year-end)
we
12-12
25c
65c
Below
8
12-19
12-10
1-
$1
v'
Gold
11-25
(quar.):____w_'---^i.-4J^v-:-w—:
12-19
•/
I75C
Co.—\
Co.
1
2-
8
2
12-21
$iya
common
Creamery,
preferred
11-25
(quar.)^
l-,:2
$3.50
1
Petroleum
12-
12-18
12-
(quar.)_
iquar.)
Works
Cigars,
1-
common
12-11
$l'/2
(quar.)
_
Woodley
Iron
12-15
25C
Common
(monthly)
Woodward Iron Co.
Beatrice
/ 12-15
preferred (accum.)
1-2
12-29
•'■'-1-
10c
preferred (accumulated)
Goodwill Station
Bayuk
12-12
f90c
conv.
& Foundry
non-cumulative
American
Co.
12-12
$iy2
non-cum.
Optical
•
(quar.)
Investment
Bath
2
$2
_____
Year-end
7% preferred
12-17
25c
Oil
6%
News
25c
Wilcox-Gay Corp.
Wiser
12-12,
1-
1-2
11-30
12-10
50c
(s-a)____
Corp.,
Refractories,
it' 2
2-15
1
11-30
$iya
Canada
preferred
>/2c
$iy4
1
American Paper Goods, 7% pref.
American President Lines, Ltd.—
$iy2
—
Co.
1-2
$iy2
(quar.)
(quar.)__
/ American National Finance Corp—
1-12
Sewing Machines—
prior
Basic
■
12-22
$1%
(N. Y.)
Beatty Bros., Ltd.,
•
American
50c
Ry., com.
———
Oil
1-
12-14
1
<
(quar.)
______
Penn
of
Bros.
5ya%
B
(quar.)
SS
American
&
7%
(s-ai,
common
(quar.)
7
2
12-21
37yac
.
Company (irregular)
preference
Barker
$iy2
12-19
$1.20
'
pfd.
(Iowa)
Ltd.,
12-
■
Products,
60c
(accum i
Co.—
$6
Co.,
Grocer Co.
or
(quar.)__
1st pfd.
12-23
__
—
West
12-21
1924
1-
:
7
12-
11-30
12-23
______________
Extra
,
12-15
t$iy4v
___
participating
Western
com.
$2y2
preferred————,
West Indies Sugar (initial)
West Jersey & Seashore RR. (s-at
West Ohio Gas Co. (year-end)
$2
A
(year-end)
1
(quar.)——————
Fixture
7
$5
—
12-22
$2
__
—
(year-end)
$7 preferred
&
2-
Maize
62VzC
Ltd.
Co.,
Co.
Motor
Baking Co.,
Weber
American
85C
(accum.)
(quar.)
Agricultural
American Machine
12-14
$2
(quar.)
Waialua
12-14
2
12-24
—
(s-a)__
Virginian
1
12-
Beattie
/;
6%
American Locomotive,
2
$1
Co.—
preferred
of
5% preferred
95c
Pictures,
Universal
5%
12-
12-17
6%
Co.
1-
$6
year-end i
i
12-21
1- 2
9
12-18
y\: 25c:
Barber-Ellis
the
Products
Home
1-
17 Vic
(quar.)
common
Universal
Ltd.,
share
Electric Co.
$15
.
1st
Universal-Cyclops Steel
12-15
(H. W.)
t$1.05
$10
preferred
12-31
12-21
12-15
12-
12-
7c
Extra
stock
pfd. (quar.)
(monthly)_______
pfd. (irreg.)
American Insulator Corp. of Delaware, com.
Convertible prior preferred
(s-a)
American Investment Co. (111.) —
$2 preferred (quar.)^____^____-___i^I,_i__
5%
convertible preferred (quar.)__._
12-14
8%
Barber
the
in
pref.
(quar.)
&
American Ice
$2.50
,
American
12-15
1-15
Tobacco,
5%
(quar.)
Leather
Am.
12-15
12-21
pfd.
Hide
12-21
5
$1
$6
13Vh
each
on
payable
of
Corp.
5
50c
Leaf
Bankers Trust Co.
1
15c
common,
Hawaiian
1-
(accum.).
Stockyards,
1
15c
Hardware
1-
Smelting Refining & Mining, common.
Stores,
12-
12
fquar.)__;
37 Vic
12-
United
Scotia
Bastian-Blessing Co.
preferred
American
12-15
Universal
Nova
12-
7%
11-10
12-21
2C
United
of
12-1
.
12-22
15c
,
preferred (quar.)
Bank
1-2
200
,
" '
(quar.)
$2 convertible preferred
12-15
25c
Foreign Power Co., $6 pfd..
62 MjC
tquar.)_
common
(quar.)
12-15
pfd. series A
12-15
25c
12-12
12-31
Petroleum Co.-.(quar.)—
preferred
2
$5
Co., common
Gas
2nd
$6
50C
Trust Co.
12-
___
preferred (quar.)—.
$iy2
(quar.)
__
7%
&
American
(Seattle)
preferred (quar.)
—____—;;
U. S. Gauge Co., common is-a)
;
'
7%
preferred (s-a)
:
;
'
U. S.
12-15
$i
preferred
4%C
for ordinary regis
8'h
6%
2
12- 9
12-23
'40c
.
Bank of Amer. Natl. Tr. &
Savs., com. (quar.)
12-21
County-
(year-end)
com.
share
American Hair & Felt,
2-15
58V3C
—
American
Ltd.—
S, Rubber Reclaiming,
12-21
12-
held
Felt
American
U. S.
B
for
6% preferred
42-
U. S.
2
'
53c
Machinery,
2
1-
6%
Building vtc. (quar,)
Hydro-Electric Co.-—
1st preferred
•7%
•
_________
12-10
12-19
25c
r
_
$iy4
common
Alleghany
Co.,
Express Co.
American
2-15
53c
Shoe
V I-
12-15
(Hartford) (quar.)
11-20
12-21
"
50c
6%
$3
(quar.)
one
common
American
1-15
(monthly)
United
12-17*
1-5
12-15
Mills
$iy2
American Export Lines,
(Del.)—
(monthly)'
Co.,
&
1-21
12-10
preferred
Insurance
2
j.
Cigar,
Special dividend of 75c per share
12-15
1
preferred
deposit rects,
1-
50c
(quar.)_____i___^___i.____
preference
1-
62J/2C
50c
Pacific
Bangor
50c
12-10*
$iy4
of
Co.
common
12-22
15c
(quar.)
2
2-
58VbC
(monthly)
Molasses
Balfour
12-22
(year-end)
Cyanamid Co.—
common
(quar.)
1-
preferred
American
12-10*
1
preferred
12-19
1-
United
1
common
(quar.)
&
Colortype
2
50c
__
1
2-1
75c
Mfg. Co.
Baldwin Co.,
1-
1-
$i
6.36%
U.
Coal
American
1-
41 %c
1
$1%
preferred (quar.)
American
12-15
2
1-
6 %
7
t$1.75
;
Co.
12-15
1-22
25c
(quar.i__
(Del.) (year-end)
(monthly)
(irregularI
;
Avery & Sons, 67o preferred (quar.)__y
Badger Paper Mills________^______________
Axelson
2-
25c
Corp.
Avondale
1-
4
ny2c
(quar.)
Cable,
1
1
$1
Alarm.
50c
11-30
(increased)
Aviation
12-18
12-18
$3 V2.
12-22
$1
4
1- 2
;1- 2
12-
12-
62Vfec
(quar.)—
•
20c
(quar.)
preferred
American
; 12- 7
$1%
$iy3
&
American
12-16
12-22
12-15
12-15
1-
1-15
Fire
Extra
,
10c
(accum.)
$2
5
75c
Chain
$30
12-
common
American
2-
United
Co.,
American
/ 50c
12-22
(quar.)
11-25
■
Automatic
,
5
12-21
(year-end) _—
pfd.
Automobile Insurance Co.
—
12-16
12-15
1-
preferred
7%
Note
preferred
partic.
12-17
25c
(St. Louis)
$3
12-17
$1.06 y4
12-
10c
Common
12-15
25c
Bank
American
Co.,
$iy2
_______
12-1
12-15
(year-end)
2
(quar.la.__
Insurance
Automobile
American
12-11
1-
6.36.%
7%
(quar.)
Insurance
1-
Forge
12-28
Quarterly
1-
$10
preferred
prior preferred
prior preferred
preferred
Alliance
American
1-
..
50c
prior
Autocar
Drop
Atlas
30c
(year-end)
common
1
Pittsburgh
12-16
-
12-1
12-15
15c
12-31
.
12-15
50c
12-15
,
6.36%
7'/o
Inc.,
(year-end)
$3
15c
12-31
2
11-30
50c
Imperial Diesel Engine
Atlas Tack Corp
1-
12-23
$2J/2
____________
12-
$30c
__
12-15
prior
6%
(irreg.)
12-15
$2
Corp., common—
11-30
5c
12-14*
2
1-
prior
6%
Ltd.
Corp.,
12-11
11-30
Common
Atlas
12-31
1-1
$2»/2
(quar.)
Atlantic Refining Co., 4% pfd. A
7*
2-1
1- 2
•
preferred—
$2.50 prior preference
12-15
1-29
12-21
(year-end)
com.
1st
12-22
50C
12-26
(monthly)
prior
Electric
2
1-
Atlantic Rayon
$2.50
2
$iy2
(year-end)
(year-end)—:
12-15
—'.—
Airlines,
•_
Light & Railways Co.
67»
(quar.)
American
preferred
United
11-27
Laundries,
5
4
$2y2
(quar.)____.
(Conn.)
12-
12-
3-
$2V2
preferred—
non-cum.
Atlanta
pfd.
$l3/4
(quar.)_
1-
preferred
12-12
$3
Light, 6%
15C
12-
(quar.)
Corp.,
7
5%
12-17
Gas
40C
$2
(New York)
12-
$iy2
pfd.
12-21
50c
(quar.)—
Co.
Corp.
Manufacturers, 7%
Common
$75c
5% preferred (monthly)(monthly)——-.-—
Products
12-22
$2
•
(quar.)
Mfg. (year-end)
(quar.)__;
12-24
1-
J$1
(monthly).:
1
_
I $3.25
pfd.
12-
Industries
Amalgamated
1
"I $2%
_
Co..
Trade Bank & Trust
Trust
12-
com.
Agricultural Chemical
—
$6
12-21
Goods
American
_,
preferred
Union
12-15
i.
preferred
America,
$3
(liquidating)
Ry. (yegr-rend)
Service,
preferred
Toronto
12-21
(accum.)
Banking Co.. (quar.)
Building-
Toledo Edison
Trico
12-26
$2%
(s-a)
iquar.)
12-1*
vv"
(year-end)
(year-end)
(quar.)—,
preferred
12-22
75c
Bemberg Corp. 7% pfd. (s-a)
Can Co., 7% preferred (quar.)
Cast Iron Pipe, 67c pfd. (s-a)____
Central Mfg., 4% conv. pfd. (quar.)
Tip-Top Tailors, Ltd., common
7% preferred (quar.)
7%
Aluminum
:
Corp.
preferred
67c
11-24
?50c
Adams
300
12-10
•
(accumulated)
(Wm.)
Textile
Aluminum
$1%
Terry Steam Turbine, common
Texas
Aluminum
12-14
67c.
of
$1.50
Tennessee Alabama & Georgia
7%
12-14
12-28
Valley Elec. Ry.
American
_
(Canadai
1-2-43
(year-end)
12-15
(s-a)
Assurance
1-20-43
Amalgamated Sugar (quar.)
(s-a)
preferred
Taylor
12-18
12-28
Cement
1
(s-a)—__—_—_______
Gas Co., 6%
Tampa
12-22
$1.50
$6
Fuel,-Ltd.,.'6'/a %■ pfd.
Life
Sun
12-10
Co.
12-24
$3
;(s-a)
RR.
15c
25c
________
12-17
1-
4
$lJ/4
Corp., common.____i._________
(quar.)
preferred
$30
'
pfd,
______
5
12-31
12-21
RR.-—
;______
Atlantic
(quar.)
Line
;
11-28
t50c
Petroleum
preferred B
Coast
12-15
Corp,
Atlanta
&
(s-a)
50c
$iy2
(S.) & Co. (year-end)
Supersilk Hosiery Mills, Ltd., 5%
Ordinary
Birmingham
preferred
Mills, Inc.—.
12-26
r__
Stroock
Supertest
5%
Allied
Telephone Co,;—
(quar,)
A
7
12-17
$1%
pfd, (quar;)
Southwest Pennsylvania Pipe Lines________,
Springfield (Mo.) Gas & Elec.-—
$7
Atlanta
12-10
2
50c
__________
Light & Power
12-
12-29
Co.
(year-end)_________
Southwestern Associated
12-26
12-23
Line
50c
(extra)
Co.
1-1-43
35c
Coast
12-15
__—__—
(liquidating)
(Cleve.)
t$l3/4
preferred (quar.)
Atlantic
2
_
____________
Coal
12-19
Allis-Chalmers Mfg. Co
& Corona Typewriter, common
Southeastern
12-29
$iy4
Corp., 75c 1st pfd. (s-a)____
37%c
Atchison Topeka & Santa Fe, common______
$lJ/2
5"h non-cumulative preferred (s-a)$2J/2
5%
12-14
$iy2
___
$iy«
1-
Astor Financial
12-
$iy2
preferred
12-11
12-30
5c
(irregular)
Simplex Paper Corp.—
Singer Mfg. Co. (quar.)
$6
12-11
12-19
Mines Co.
(year-end)
2
2
15c
Stores
12-
1-
$iy2
5%
12-10
12-31
1-
Chemical
1-
12-31
50c
(quar.)____
com.
Laboratories
12-12
Corp,
Co.,
12-10
J50c
(year-end;
Investment
Allied
12-17
O.)
Common
Associates
45c
Dye
of Ree
2
$1%
-
Holders
Payable
J$l%
■
$1V2
—
&
When
share
(quar.)
Allied
12-24
(A.
preferred
11-30
12-28
(L. C.)
7'/a
12-15
5C
Smith
RR.
Name of Company
Associated Breweries of Canada—
12-10
10c
Smith
Southern
Great
participating
Holders
12-22
15c
(quar,)-__—______—
King Coalition
__________
10c
5C
Silver
(ordinary}„
Co
Mfg.
60c
:
—
Mfg"co"IHlI2-I__I—
Shelter
4
12-15
______—
(quar.l_.___—
Association
Shawmut
12-
preferred...
Alabama Power $6 preferred
(quar.)_^____
$7 preferred (quar.)
Albers Super Markets, Inc. pref. (quar.)
Alberta Wood Preserving, 7% pfd. (quar,)__
Allegheny Ludlum Steel, common......
12-19
.
12-14
Per
4
6%:
8
1———
Co.
12-
Brass
Alabama
12-10
,
12-14
12'/2c
'
12-12
3c
of Rec.
When
i2y2c
Akron
12-12
17 Vic
(quar.)_____
Payable
Per
12-15
_____________
Qo
share
of Rec.
25c
(quar.)_____—,
Brewing
Name of Company
Holden
Per
Name
Electric Co. lquar.)„.,„(——__
San-Nap-Pac Manufacturing, com. (irreg.)
Sangamo
Monday, December 14, 1942
12-26
12-10
l$iy4
12-26
12-10
7
Per
Stone
Crushed
Canada
B
class A (quar.)
Canada
Machinery
Canada
Malting
—;
250c
250c
—
—
250c
—
Canada
Northern
Power
(quar.)--,
common
(quar.)
—
Ltd. (quar.)—.—. —
---.
Permanent Mortgage (quar.)——
Wire & Cable Co., Ltd., cl. B (quar.)
Packers,
Canada
Canada
Class A
quar.)
11-30
Commercial
215c
2$1%
•
■ $$1
r2$2
preferred
7%
Canada
Ice, $6 preferred B (quar.)
$7 preferred (quar.)
!
Colt's Patent Fire Arms Mfg. Co. (year-end)
Columbia Baking, common (year-end)
$1 participating preferred (quar.)
12-18
12-21
1-25.
1-15
1- 2
1- 2
250c
12-15
<
2$1
$$1.62'/2
——
preferred (quar.)
Canadian Breweries, Ltd.—
6Mj%
12-19
12-19
12-15
12-15
11-30
11-30
11-30
12-15
12-15
Participating
Alcohols,
87c
preferred
Commercial
7%
12-
1
DUke
12-15
12-
1
7%
1
12-
1
12-31
$10c
1-15
12-31
Dunlop Tire & Rubber Goods, common
5% 1st preference (s-a)
*
Du Pont (E. I.) de Nemours com. (yr.-end)_
1-
1
12-21
1-
1
30c
(quar.)
Water
$12'/2c
22c
$2
220c
$1
1-15
12-23
1-2
12-15
12-15
12-31
11-28
12-19
12- 1
12- 5
(accumulated) ——_—.—2$1%
6% preferred (quar.)—
——
$1%
Canadian Westinghouse Co., Ltd, (quar.) —
250c
12-31
12-23
1- 1
12-24
12-15
12-15
$2.50 non-cumulative preferred (s-a)_——
Consolidated Edison Co. (N. Y.) —
$37y2C
!„—
$iy4
12-15
Consolidated Film Industries $2 pfd
-—
Participating-
——-———y
(quar.)—
Celanese, Ltd., common
Canadian
Extra
--*_-
-
——
2$1%
preferred (quar.)————.——
Canadian Converters, Ltd. (quar.)—.
Canadian Cottons Co., Ltd. com. (quar.)—_.
6%
(quar.)—
preferred
——
—
General
Canadian
General Investments,
(quar.)—
V
Electric, Ltd.
Ltd.:—
Canadian Malartic Gold Mines
Oil
Canadian
Common
Canfield
Canadian
7%
(extra)
Oil
Co.,
Tube
(quar.)——
preferred (quar.)***
8%
Cos.,
;
—
&
.***-*_
(irregular)
common
Wirebound
Canadian
class
$1.50
Mills
Cannon
50c
85c
Co.*_*_*-*-_-*-,-***~~~~***_<
Capital
Gold
Co.; (year-end) —*—_****-"■
Transit
Cariboo
Co.,
Quartz Min.
12-21
12- 4
.
quarterly****
^*****_*.***__**,_
22c
Carey (Philip) Mfg., common (year-end)—30c
preferred (quar,)—$iy2
1- 2
12-22
12-22
5% preferred (quar.)-——-——;
$114
Tel. & Tel. (quar.)—
$2
Carthage Mills common—25c
6% preferred A (quar.)
——
.t,
$114
6% preferred B
(quar.)——
—60c
Case (J. I.) Co., common (year-end)--$4
7% preferred
(quar,)—.———————
$1%
Catalin Corp. of America (year-end)— —
10c
Celanese Corp. of America, common———
50c
5% prior preferred (quar.)
——
$114
12- 4
12-10
12-10
12-22
Reduced
,
12-10
Ltd.—
,
Central
Cold
Extra
Storage common
—:
Central
Elee.
Central
12-12
12-12 > 12- 1
1- 2
12-12
1- 2
12-12
12-24
12-12
1- 1
12-12
12-15 ,12-1
12-31
12-17
1- 1
12-17
1- 1
12-17
1- 1
12-17
12-17
12- 7
$1%
(quar,)—
$1%
40c
—
40c
12-17
Central Illinois
12-15
1- 4
12-10
614c
12-21
12-12
Inc—————10c
& Wire 6% pfd. (quar.).i—U■ "
75c
Co. (year-end)————
—25c
12-21
12-21
12-15
12-14
12-10
11-30
10c-
12-21
12-12
15c
12-12
12- 4
Specialty Co._
States Edison,
Central
Central
Steel
Central
West
———
**.
Century Electric Co. (quar,).—2-*;—.«
Chamberlin Metal Weather Strip (year-end)
6%
preferred
$iy2
50c
(quar.)—————
Quarterly
;*.——
Extra
$4
■
preferred
A
ser.
$1
(quar.)—
$1
Chesebrough Mfg. (Consol.) (quar.)—
,—
Extra——!———;v
ChestervFlie Larder Lake Gold Mining—
Chicago
Chicago
Chicago
Chicago
25c
12-15
11-14
Elgin
20c
12-21
12-12
Egry Register, 5y2%
El
Motors
Continental Oil Co.
11-
6
El Paso Natural Gas, common
12-
4
Electric
Elmira
1-15
1
2-
12-
2
Electric
12-31
12-
2
12-31
12-18
25c
12-19
12-10
$1
12-22
12-
3
Eversharp, Inc.,
—4_—
15c
12-24
12-
4
Ewa
25c
12-28
12-
7
Ex-Cell-0
Corp.
$1»4
12-21
12-10
Fairbanks
Morse
$1%
12-20
11-20
Falconbridge
$1%
1-2-43
12-15
$134
1-2-43
12-15
50c
12-28
12-15
2
12-11
1-
2
12-11
50c
—
(year-end)
(Del.)
(quar.)
(year-end)
—
_
—
6y2% pfd. (quar.)
(quar.)„„.—
(year-end)
_
3rd preferred
(s-a)
75c
12-28
12-21
12-
12-31
12-18
12-31
12-18
12-31
12-18
12-31
12-18
Inc.,
(s-a)
12-
1
12-23
12-
37yac
i25c
12-24
12-
12-15
11-30
12-20
11-30
25c
Electric
Mfg.—.
j
.
10c
common—
12-15
11-30*
12-
12-15
preferred (quar.)——~
8% preferred (quar.)—__
5t4% pfd. (quar,)__
$2
12-23
12-10
$1%
12-28
——_—:
$1%
12-28
12-15
12-10
12-.7
1- 2
12-10
12-1
12- 9
12- 9
$l'/8
25c
(quar.)
17»/2c
$1
$134
—
(extra)
1-2
12-19
12-19
12-16
25c 4-15-43 3-17-43
25c 7-15-43 6-16-43
25c 10-15-43 9-15-43
50c
12-18
12- 8
25c 1-15-43
20c
$18.10
*********4.*..**.*
*
,
(year-end)——
(quar.),-—
—$134
Chrysler Corporation ——4
„*_**__—**i
; 75c
Cincinnati Gas & Elec., 57c pfd. A (quar.).;'
$114
Cincinnati New Orleans & Texas Pacific Ry.—■
Common
*__—-**:.$4
5 'h preferred (quar.)————.
——
$1V4
57c preferred (quar.)—-.-_**_*
$114
Securities com.
preferred
12-15
12-15
12-4
11-23
1- 2
12-19
12-14 ; 11-14
12-15
1- 2
2
12-14
11-30
3- 1
2-15
6-1
5-15
57c preferred (quar.)—$1149- 1 ■ 8-16
5% preferred (quar.)
$1V4 12-1-43 11-15-43
Cincinnati Street Rwy.
(year-end)———
40c
12-15
12-1
Citizens Water
Co.
(Wash., Pa.) —
$134
15c
30c
Ice
Stamping (quar.)
Fuel com
*
—
&
Co. (year-end)
Controller Co. (year-end)-—
—
Clark Equipment Company, common—
;■
57c
preferred (quar.)
,-*—
12-11
12-10
12- 1
12-12
12-14
12-15
11-30
12-10
11-27
$1!4
.
——
12-21
12-15
75c
50c
75c
preferred (quar.)
City Auto
12-15
25c
12-29
11-27
12-15
50c
50c
12-15
12-19
1- 1
12-21
12-22
12-22
12-14
1-15
12-21
12-24
1- 2
12-10
12- 3
12- 3
12-10
12-11
12-11
12- 7
1- 2
12-10
12-11
12-18
(D. L.)
Clark
1—,!
Clearing Machine Corp. (quar.),
Cleveland Builders Supply
*
;
)"/
Electric Illuminating, common..i
preferred (quar.)
—
4
Cleveland Worsted Mills (year-end)
Climax Molybdenum Co.
(quar,)
Cleveland
$4.50
$114
$1
30c
Year-end
—.—$1
Clinchfield Coal, 7% preferred (accum.)—
$28
Clinton Water Works, I'M pfd. (quar.)__—
$1%
Clorox
Chemical Co. (quar.)
75c
Cluett Peabody & Co., common (year-end)
50c
$1%
7% preferred (quar.)—
Electric—
1st preferred (quar.)
1- 2
Coast Counties Gas &
Coca-Cola
Common
———
common—
Company,
3114c
75c
$1
—
(year-end)
(s-a)
Coca-Cola International Corp., cl. A (s-a)—
class A
Year-end
Cockshutt Plow Co.,
d'Alene
-
-
Mines
Ltd., common (s-a)
Corp.
Colgate-Palmolive-Peet—
$4.25 preferred (quar.)
(irregular)
Sl'/i
$3
$!3-30
t25c
t6c
.
12-15
12-15
12-15
$1.0614
11-25
12- 1
12- 1
12- 1
12- 1
12- 1
5-15
12- b
12-15
12-15
12-15
6-1-43
12-15
'
—
preferred
(s-a)
12-
12-15
Debenture
<
Securities
&
preferred
5 7o
Decca
pfd.
12- 8
12-24
12-
12-15
11-27
12-15
12-
12-22
12-
12-15
6%
12-24
12-12
12-24
12-12
$25c
12-31
12-15
1-
1-
Hook
&
12-22
12-23
12-12
12-23
12-12
t$3y2
12-15
11-30
25C
12-31
12-15
15c
12-15
12-
1
12-15
12-
1
$iy2
Electric
(quar.)
(quar.)'——
—
12-26
12-19
20C
12-21
12-10
;
10C
Dentist's Supply
Harvester
Detroit
Common
Dewey
Almy
&
Class
B
Co.
Motor Car
11-16
12-
5
12-15
11-30
Gamewell
Co.
12-15
11-30
Gannett
12-21
12-
class B conv. pfd. (quar.)—_*
(Julius) & Co.,,common (quar.)**
12-12
11-30
12-22
12-12
3-1-43
2-10-43
$4.50
12-16
12-
J55y2c
12-15
11-30
$iy4
2-1-43
1-15-43
25c
12-18
62y2c
1-
2
12-
7
5
12-10
"
$1
Glass
50c
12-28
12-10*
1-20-43
(quar.)
(Robert)
Gair
6%
preferred (quar.)——,—
Class
A
—J—
common
(quar.)*
—
12-19
12-15
General
1-
2
12-15
1-
2
12-
1-15
12-15
1-
2
12-15
1-
2
11-28
5
Worsteds—
—
f60c
75c
Candy" Corp, ^year-end)
Quarterly
Extra
General
11-30
12-15
12-15
12- 5
12- 5
$1V2
1- 2
12-18
$1
10c
12-28
12-19
12-11
12- 5
$2
12-26
13%c
IV2C
12-15
12-21
12-21
12-21
12- 1
12- 3
12- 3
12-10
12-21
1*-10
25c
7\
35c
12-19
11-30
11-30
12-18
9c
Extra
General
General
preferred
(quar.)
Co.
,
.
General American
Box
12-15
15c
12V2c
-
(quar.)
12- 1
12- 1
11-30
25c
.
—*
(quar.)
preferred
Acceptance Corp.,
12-15
$$1V4
Extra
5%%
General
$$1.38
68%c
—
(quar.)——
common
12-31
12-31
1- 1
1- 1
25c
Co.,
Power
preferred (quar.)—
51/2 % preferred (quar.)
Gaylord Container, common
5%
2
12-19
$1V2
17l/2c
37V2c
$15c
$12y2c
convertible preferred (quar.)**
Gatineau
2
2
50°
—
1-
1-
12-31
3°c
——
Co.,
Garfinkel
6%
(year-end)
Co., common
f$iy4
(quar.)
non-cumulated participating
Corp.
the Loom, Inc.—»
Fuhrmann
f$i%
common
(quar.)
&
$3
.__*_.
*___—
1-
t$iy4
(quar.)
(quar.)
Woollens
Company
Investors, $6 pfd. (quar.)
General American Transportation (year-end)
General Baking Co., common (year-end)—
$8 preferred
(quar.)
^
General Bottlers, 55c conv. pfd. (quar.)—
t25c
(quar.)—
common
Textile Co.,
preferred
Dominion
Co.,
Frick
i$i3/4
Foundries & Steel
preferred
Draper
11-17
$25c
Dominion
7%
12-14
12-20
t40c
Ltd
Extra
Dominion
7%
12-23
85c
(Joseph)*Crucible
Co. (year-end)
Doehler Die Casting Co. (interim)
Dominion
12-10*
12-10!'
12- 5
12-15
12-15
12-15
12- 1
11-30
(irregular)**
(quar.)**
Mines,
12- 1
12-30
12-30
12-15
1-2
12-31
$iy2
Pepper
Dome
11-28
12-19
25c
Dixon
Dr.
12-15
12-15
75c
12-15
12- 1
5c
12-10
50c
12-15
25c
12-21
25c
12-31
11-30
$2V2
50c
Co.
12-15
12-15
3-15
6-15
9-15-43
non-cumulative preferred (year-end)**
& Schmidt Brewing (year-end) __
12-
6%
12-15
12-15
12-7
12-10
12-10
12-23
1
12- 1
12- 5
12-21
12-18
common
12-8
12- 1
$l'/2
12-23
3
12-21
12-11
12- 5
:_*_**_
12-19
—„_
,
.
12-21
*
_
A
.
,.
Stores,
25c
Dixie-Vortex Company, common
12-15
$1V2
—
preferred
Fruit of
—
$1.12y2
—-*-
—
75c
(irregular).!
partic. pfd. (s-a)__
Di Giorgio Fruit, $3 partic. pfd. (accum.)
Distillers Corp.-Seagrams, Ltd. com. (quar.)
5% pfd. (quar.) (payable in U. S. funds)
Diamond T
12-23
12-11
12-5
12-15
35c
12-31
1- 2
12-15
12-23
1-2
12-21
(year-end)—— '
common
(quar.)*.
1-5-43
common*
Diamond Match Co.,
$1
62V2c
6c
25c
;__*
$2
(s-a)
De, Witt Hotel (year-end)
Diamond Alkali Co. (quar.)
Class
12-15
(quar.)—
Chemical,
12-12
11-30
12- 5
Insulation
Fair
•
j
1- 2
12-15
12-15
.;**,.
(irregular)
$1%
——_
12-12
$2
2c
60c
(quar.)*—
(quar.)***
25c
—
12-12
12-22
(year-end) —
(S. F.) (quar.)**
25c
Detroit-Michigan Stove Co.—
7%
preferred
(quar.).
Detroit Steel Corp. (year-end)
Oil
12-23
(quar.)
Detroit Hillsdale & South Western RR,
Devonian
12-10
12-23
+$2
7%
12-21
$1%
pfd. (quar.)
Derby Oil & Refining, $4 conv. preferred
(N. Y.)
12-12
12-22
67/sC
common—***
preferred
$2.50
2
12-22
Co.—***** ;?
50c
12-23
common (quar.)***—.**_
25c
12-15
(quar.)__*_—_*
—_
62V2c
12-15
Foote-Burt Co, (year-end)—25c
12-15
Foster & Kleiser Co., 6% class A pfd. (quar.)
37!£c
1- 2
Foster Wheeler Corp.,
$7 preferred*—**
$1%
1- 1
$7 preferred (accumulated)**—*_*__—*
$7
12-24
6%
prior preferred (quar.)—*__*__*_*_,
37'/2c
1- 2
6% prior preferred (quar.)—**-—**'
37!/2c
4- 1
6% prior preferred (quar.)_____*.
—*
37V2c
7- 1
6% prior preferred (quar.)____*——_**37J/2c 10-1-43
Foundation Co. (Canada)
(quar.) ____—-***
$35c
1-20
Four-Twelve West Sixth Co. (annual) ____*_
$2
12-15
Fox
(Peter) Brewing (quar.)
25c
12-30
1 Extra
25c
12-30
Frankfort Ky. Natural Gas (quar.) _____*_$1
12-15
Franklin County Distilling, com. (year-end)
50c
12-28
60c convertible preferred
(quar.)—*—— .
15c
12-31
Food
(Canada)—
Eye
Stores
Paper,
Formica
12-15
5
15c
:
Fund
preferred (quar.)—_*—
$4!/2
.
15c
(Seattle)
Fllntkote Company,
50c
Extra
Delong
Realty
Flambeau
2
3iy4c
$1
——————
—
Industrial
National
12-10
—
15c
5c
(quar.)*.**
A
5c
First
25c
Aircraft
12-12
12-12
class
*
(quar.).^
First Nat'l Bank of Jersey City
5
25c
(quar.)
preferred (accumulated)
Dejay Stores, Inc. (year-end)
Delaware Fund
(quar.)_
12-22
12-22
of America
Co.
B
5
$iy4
(s-a) __—J—
7 %
12-15
12-15
12- 1
Corporation
First
——*
DeHavilland
Delta
12-19
5c
Records
Year-end
12-31
12-31
12-15
common
5y2% preferred (quar.)
*—
—
Finance Co. of Penna.
(quar.)——***—*_**
of Canada—
Corp.
$1V2
Sl'/a
$lJ/4
B
& Co.,
Firemen's Fund Indemnity
$2Ms
(quar.)
12-12
Financial
$1
—
8%
12-23
12- 4
12-24
Class
1
40c
«
——_
& Michigan RR.,
1- 2
12-21
.
—*_:—
Extra
t25c
—
—
Petroleum Corp.*
Davega Stores Corp., common (year-end)—_
57o
convertible preferred (quar.)—
David & Frere, Ltd., class A (quar.)
Dayton
50c
50c
20c
Gas
Extra
1-2-43
——
Darby
60c
0
12-31
Inc.
(Bait.).—_*
(resumed) _*_*
Finance
$3
——
'
12-19
(year-end)
Dairy League Co-operative Corp.—
5%
—
(s-a)..
Publishing Co., prior preferred—
(year-end)
12-21
12-15
12-30
&
12-14
50C
Manganese
1-
12-11
12- 1
12-15
10c
' 25c
30c
&
(Marshall)
12-14
& Forster
Cutler-Hammer,
(quar.)
(quar.)
(year-end)
Works
Water
Fifth
1
Curtiss-Wright Corp.
J.
Truck***
Motor
Screw
8
12-
class A prior preference
N.
Fidelity Union Stock & Bond
5
12-15
$2■ 12-15
—__*_*,—V':':
_***.
35c
$1
25c
—
(irregular)
Fidelity & Guaranty Fire Corp,
Cuban American Sugar,
Curtis
25c
Field
$iy4
4%%
25c
75c
of
Insurance
12-15
(year-end)*
6% preferred (quar.)
—;T_*
6% preferred 2nd series (quar.)*.
56y4C
12-
Inc.
50c
50c
—
(quar.)**
—
Federal
4
*12-22
Press.
,
.*—*
preferred (s-a).
Forge Co.
Federal
12-
12-14
5c
12-18
1-2-43
12-11
4-1-43 3-12-43
1- 1
12-15
12-15
12- 1
12-31
12-14
12-31
12-14
12-19
12- 5
1- 2
12-22
12-21
12- 2
12-15
12- 5
$2Va
$2y2
—.
(year-end)__*;
Shops com.
Federal
12-14
$2
Cuneo
$l'/4
(Syracuse,
Mining & Smelting**^.*—_____*.—.
Federal Mogul Corporation (quar.)
12-24
u/
(year-end)
preferred (quar.)
12-10
12-11
12-22
11-25
4-1-43 3-18-43
12-21
12- 7
12-15
12- 5
$10c
3c
15c
25c
Federal
50c
25c
American
12-24
——
Bake
Federal
1
50c
Crucible Steel Co., common
preferred (quar.)
50c
(quar.)
& Co.
(Fred)
5%
(quar.)_^__—
(year-end) —_—
Corp.
12- 5
12-10
__*——*_—
*_*—
Federal Drop
12-19
'
—
(year-end)
Crowell-Collier Publishing Co. (quar.)——
Crown Cork & Seal Co., Inc.—
$2.25 preferred (quar.)„„
;
——
Corp.
12-15
12-24
(extra)
Faultless Rubber Co.
Fear
3
1-2
•
12-19
30c
65c
Nickle Mines (irregular) _*_—*
6% preferred (s-a)_
(quar.)
Y.)
Federal
12-15
——
(irregular
^
$1
(irreg.) —
com.
11-30
—
(extra)
Quarterly
1
$iy4
Company, 5% 'pfd. (quar.)—
—
(year-end)
——_—
Cream of Wheat Corp. (reduced)———
America
N.
$2
Common
12-15
12-21
(quar.)*
Co.
11-30
12- 4
12-21
11-25
12-14
12-14
12-14
1-1-43
Farmers & Traders Life Insurance
4
5
10c
Metallurgical Corp. com. (year-end)
preferred (quar.)—
._*_*_,—
$5
12-
25c
$62y2c
preferred (quar.)**.
Plantation Co. (year-end) *******—,*■**
Common
$1
Crane
35c
$iy4
$1%
$iy2
5%
&
'12-20
12-15
12-15
1- 2
12-15
1- 2
1- 2
1- 2
56V4c
Fansteel
$2.50
—v
Drug Co.,
Falstaff Brewing Corp.,
12-15
25c
—■
—
12-15
12-31
$1.50
(s-a)_—
conv.
_
11-14
2nd preferred
Co.,
(s-a)
12-
4-6%
Drug
pfd.
7%
Battery**
Storage
12-14
1-
$iy4
(quar.)—
—
(year-end)—
———
Craddock-Terry Shoe, common (year-end) —
57c 1st preferred (s-a)—
—:—
Zellerbach
________—**__„***
15c
7
$iy8
Co.
Crown
registered
Williamsport RR.,
Emerson
prior preference
6%
&
12-31
5
12-15
Industries, Ltd.—
Musical
&
50c
(s-a)_
participating preferred
Petroleum
$l3/4
:_**
12-15
43%c
Ltd.
*
(quar.)
preferred
$4.50
12-11
12-
(Texas) —
12-15
77o preferred (quar.)—.
Wheeler
Co.
12-15
Continental Telephone Co.,
7 %
Paso Electric
30c
Continental Steel Corp., common
5%
12-31
1
62y2c
62y2c
$1V4
$1%
$l'/2
*___—
Electric, 6%
12-28
-
Continental-Diamond
Crum
7%
El
2-
Watch Co. (year-end)
preferred (quar.)
pfd. (quar.)
preferred A (quar.)
National
Paso
11-15
12-15
Cunningham Drug Stores—
Christiana
Coeur
Co.
12-12
12-15
12-9
11-25
12- 7
Chilton Co.
$3
t$1.05
_
20c
.
(year-end)
(Chic., 111.), extraFibre
(year-end)
Can
Cuban
Quarterly '_*_.
———*—,~
Quarterly
,__**—___.
—.—--**_*_*-- —
Quarterly *****
.*'***:
*_i_**-_'■*:—_
Chile Copper Co. (year-end)-—.*
—
5 %
conv.
11-25*
12- 5
$7 preferred (quar.)———————
Chickasha Cotton Oil Co. (quar.)—
Clark
5%
12-15
12-22
——
Chicago Towel Co. common
77o
11-30
•*
(quar.)
com.
(quar.)
pfd. series 1941 (quar.)__**___*
12-21
12-22
12-28
12-22
12-15
12-15
;***_**_*
Chicago A- Southern Air Lines com. (irreg.)
7% convertible preference (quar.)*__*_***
City
12-15
Stores
preferred
50c
$2y2c
Extra
7%
25c
Brothers
Edison
25C
Burl. & Quincy RR. (year-end)—$3
Great Western Ry., 5% pfd. (accum.)
62V2c
Mail Order Co. (year-end)—50c
Rivet & Machine Co.————12 y2c
South Shore & South Bend RR. (s-a)
$1
Year-end
Chicago
12-15
*12- 4*
12- 4«
1- 1
12-4*
12-14
11-27
12-14
11-27
12-28
12-20
12- 2
12-15
12- 5
conv.
Casualty Co.
Common
1-4-43
1- 2
12-22
1-2
5%
——
Continental
■
12-11
6%
$1.60
50c
50c
$iy2
50c
35c
12-11
Ltd.—
Continental
Crosley
12-15
12-28
12-11
—
Crocker
1- 2
60c
(year-end)
Corp.
Eddy Paper
12-
2
8% preferred (quar.)***
Empire Power Corp., $6 pfd. (quar.)
Empire Star Mines Co., Ltd. (irregular)****,
Emporium Capwell Corp., com. (quar.)*—*_
4y2% preferred (quar.)——
*
Emsco Derrick & Equipment (year-end).
Engineers Public Service Co.,. $5 pfd. (quar,)
$5.50 preferred (quar.)*.
:
$6 preferred
(quar.)—______———*
English Electric Co. of Canada, Ltd.—
$3 non-cumulative class A (quar.)*
Eureka Vacuum Cleaner Co. (resumed)**.—
Quarterly
Crown
,
1- 1
12-26
75c.
50c
■:
,***_*
non-cum.
12-15
12-10
1—2
...
(quar)—
Chesapeake & Ohio Ry., common
11-30
12-15
1-1-43
12-22
common—25c
Champion Paper & Fibre,
Chapman Valve Mfg., common (quar.)——Chartered Trust & Executor (Toronto)—
5
1
1-
1> 2
t25c
Extra
Creole
$15/b
$iy2
$1%
3c
$iy2
preferred (quar.)
$3.50 non-cumulative preferred
Corp., Ltd., ordinary*..*—*_—
Ecuadorian
1-
55c
(accumulated)
preferred
of
12-5
12-15
12-10
12- 4
11-30
11-30
11-30
12- 9
12-10
12-31
12-31
$l'/4
(quar.)***
common
Eaton Paper,
75c
Creameries
1- 2
1-2
12-31
12-13
12-15
12-15
12-15
12-21
12-21
1-15
1-15
Co.,
50c
(resumed)**
Ltd.
$iy4
$1%
3-6%
12-28
6%
12-11
12-11
Street Ry.—
(accumulated)
$l]/8
(year-end)
Consumers Co., $3 preferred (initial)
Consumers Power, $4V2 preferred (quar.):
$5 preferred
(quar.):
.i—
Continental
Assurance
Co.
(Chic.,
111.)—
Corp.—
$3c
1
11-28
(quar.)
Consolidated Steel Corp.,
$3
50c
1
12-
12-23
Consolidated Wagon & Machine Co.
7%
12-15
12-15
12-5
Kodak
Ordinary
Copper Range
(accumulated).
12-
12-15
Corp.—
12-11
12-11
11-20
11-20
(quar.)...——-
12-15
13c
Extra
Continental
12- 1
1-2
12-31
1- 2
Theatres,
Eastman
12-24
25c
Cooper-Bessemer Corp., common
$1.50 convertible preferred
Central
—^
Consolidated Mining & Smelting,
$1.75
12-15
$25c
Steel
40c
Laundries
preferred
$7.50
$1V2
Eastern
12-31
(quar.)
Consolidated
12-17
Central Patricia Gold Mines
1
(quar.)_
preferred
12- 5
Securities
11-30
Consolidated Diversified Standard Securities—
12-19
(accumulated)--———$3
(accumulated)--—.
—
$3
12-21
1st preferred
,
—
1- 2
1- 2
preferred
6%
1-25
Associates—
Massachusetts
Eastern
2
25c
12-31
■
2
12-
Eastern
(quar.)———
Consolidated Amusement Co. (extra)
Consolidated Cement Corp., class A
Consolidated Coppermines Corp. (year-end)
$5
;___*__
Products, 5% conv. pfd. (quar.)
*
(quar.)***—:
(accum.)
preferred
12-
12-15
—
—
$1
12-28
12.28
12-15
12-15
6%
11-25
12-15
(quar.)
75c
.
12-15
!
prior preferred
$$3
preferred
$5
12-15
12-15
(year end)
com.
(s-a)
& Fuel
Gas
4y2%
15c
*
t
1-1
1- 1
******
(year-end)*..
preferred (quar,)
Mahoney RR.
62»/2c
Ltd. (quar.)——
Connecticut Light & Power Co., commonConnecticut Power Co., $4.50 pfd. (quar.)
SlVe
preferred (accumulated)—-—_*_**__
$3.50
6%
preferred
(accumulated)--——_—$3.50
preferred
Inc.
—„
(quar.)-
$6
11-30
Mines,
(quar.)-
Central Illinois Public Service—
6(4
Extra
Coniaurum
pfd.
6%
12-15
6%
East
$$iya
4y2% pfd. (quar.)-
& Telephone
12-11
—
(Toronto)
Bank & Trust Co.
Hanover
$6
Life Assurance
Confederation
12- 7
__*
Central Illinois Light Co.
•
12-10
12-19
Carolina
7% .prior preferred (quar.)_***_*_*_*'*___
7% 2nd preferred (quar.)—
.*■■
;
12-11
2
Eastern
$2.50 convertible preferred (quar.)—
Confederation Amusement, 8% partic. pfd—
Common
1- 2
12-26
2
1-
(quar.)
Compo Shoe Machinery, common
■
250c
1-
40c
Co.
*
*
preferred
Picher Lead Co.,
Eagle
12-11
(Louisville,
12-15
12-28
12- 5
12-5
Boxes—
(accumulated)— -***—,——
A
2
Community Public Service Co
Products—
Steel
preferred
1-
$1%
Ins.
(quar.)**
(year-end)
15c
Life
12-15
12-15
Ky.)
$lVa
75c
(year-end)
B
$iy2
preferred (quar.)
preferred (quar,)—
preferred (quar.)—
Commonwealth
,
(quar.)_
shares
$7
12-15
12-15
12-15
12-15
1-1-43
12-15
A
Class
$1%
'/c
$6
Congoleum-Nairn,
(quar.)
Canadian
Registered
250c
2$1
5 >/2
12-15
12-15
Investment,—
Foreign
preferred
8%
25c
225c
225c
,
'■1%
Canadian
,
215c
12-15
12-15
10c
10c
10c
30c
$iy2
$lJ/4
Class
4
Participating
12-15
12-15
$25c
25c
preference (quar.)————-—f
Participating
**___ ■'
60c non-cumulative conv. preferred (quar.)
11-24
(extra)*
common
preference
12-10*
Light—
&
1- 1
1- 2
Canners,
1st
12-15
(quar.)
(Pgh.)
Chemical
&
12-
1
1-
12-21
30c
Plastic
(quar.)
*
Durham-Enders Razor Corp.—
12-10*
1-1
•75c
$$2
2$2
5%
,
2
37'/2c
8
$$iy2
Canadian
8
12-
12-15
12-15
.
1-
12-28
$1.06»/4
12-15
12-
Durez
(quar.)_
12-15
11-23
11-24
8
75c
$4.25 preferred (quar.)
Commercial Solvents Corp;
f50c
$62'/2c
$1
$1 Va
40c
5
12-21
12-12
12-
6%
(quar.)**
12-
12-15
12-15
Duquense Brewing
$1.06 y4
(quar.)
12-12
12-22
1- 2
1- 2
12-21
12-31
12-14
50c
preferred
12-21
12-28
(quar.)
12-23
$iy2
12-
1-15
35c
com,
*
12-15
—
Commercial Investment Trust,
60c
*
12-15
$4y2
12-17
$iy2
$l3/4
(year-end)
common
$5c
25c
of Rec.
12-27
:
Co.,
preferred (quar.)**
;
& Bradstreet, $6 preferred
Dun
1- 2
1- 2
1- 2
1- 2
1- 2
1-2
12-31
12-31
12-31
1-30
1- 2
1- 2
285c
$12y2c
preference (quar.)——common (quar.)— _——
convertible
$3.40
Power
Holders
15c
common**.
Driver-Harris Co
12-21
12-19
$1
——
(quar.)—
Commercial Credit, 4y4'/f conv. pfd.
Commonwealth
2
Corporation,
Payable
share
of Company
$1
$1.20 prior pfd.
Banking,
1-
Dravo
12-21
2
When
Per
Name
of Rec.
$1%
common——
(quar.)—
1-
.$1%
L-,
Ltd.,
preferred
Common
When
Payable
$iy2
Colonial
11-30
12- 1
12- 1
12- 1
12-10
11-30
12-21
12-15
12-16
tUVz
(interim)—;.
Co.
(quar.)
Extra
of Company
12-15
210c
$37y2c
_*———
**_
Name
of Rec.
12-15
$$iy4
(quar.)_*
Canada Foundries & Forging,
Class
(accum.)__
preferred
6V2%
Cement,
Payable
Holders
Per
share
Holders
When
share
Name of Company
Canada
2089
^HE COMMERCIAL & FINANCIAL CHRONICLE
Number 4133
Volume 156
Cigar
Co
Electric
—*
-
—
Co
.*
-—
12-15
12-19
1-25
11-30
12-12
THE COMMERCIAL & FINANCIAL, CHRONICLE
2090
}
MondayfDeGember'l 4,
1942
'
25c
General
Sl'A
General Motors Corp., commons—
50c
$5 preferred
iquar.)
—
SI'A
General Optical, $3.50 preferred (accum.) —
'$1
General Precision Equipment
25c
General Refractories lyear-end i—35c
General
Reinsurance
iquar.)
50c
common—_____
$ 1 'A
Time
Instruments,
preferred
Girdler
Corp.
Gisholt
Machine
(year-end)
Co.,
Goebel Brewing
Gold
Stock
&
Goldblatt
Golden
Brothers,
59
Co.,
(B.
Co.
preferred
$5
GosnOld
11-27
2
12-12
Mills,
59
pfd.
(s-a)
prior
Co.
Steel
1- 2
1-15,
12-10.
International
Salt.
12-31
12-18
Interstate
T'.'e
11-14,
*
Great
Lakes
Dredge & Dock
Great
Lakes
Paper
A- 12c
Greening
75c
12-21
12-18
11-30
Properties—
int. (year-end)
(quar.)
2
1-
2
2
12-15
12-31
.
No.
Watch
Oil
2
preferred
Grumman
preferred
(quar.)
Engineering
7"
69.
1-
2
1-
2
12-15.
Joy Manufacturixxg
12-11
K.
preferred
W.
Trust
Mobile
Gulf
Oil
&
Co.
(N,
Ohio, $5
Corporation
$3
1-2
12-11.
12-15
12-
1
Kansas
12-15
12-
1
12-15
12-
1
(quar.)—J
Special
Gulf Power
Co.,
States
$6
preferred
Utilities,
Hackensack
$5.50
Water
Co.,
Hale Brothers Stores
(W, F.)
79
Printing
pfd. A
Cotton
convertible
Hamilton
Hammermill
4149
12-
12-21
5-
12-21
12-5
'
25c
25c
'
60c
_
?10C
iquar.)___
1-
Paper,
1
(quav.)
25C
—_____
1-
Gold
8
Mines
(interim)
Katz
5 9
$
,12-23
4-
Keyes Fibre,
.;
12-24
Keystone
12-14
25c
12-15
12-10
Harrisburgh
Steel
Hartman Tobacco Co.
Harshaw
Chemical
(quar. 1
$134
.
$4 prior pref.
Co.
12-, 8
12-15
12-'
25c
,
12-
12-22
$1
(accum.)
12-21
Steel
12-23
12-11
5
8
1 -2-43
$3
Corp.-r-
Hawaiian Commercial & Sugar
Electric Co
Hawaiian
Suger
Hazel-Atlas
Hazeltine
Co.
Co.
1
.1-
,1-
7
A 1-18
:
12-24
Mapes
12-10
1
& Co.
Mfg. Co.
12-
7
Marion
Water,
12-
1..
Maritime Tel. & Tel.,
12-
1
12-15
11-28
Marlin-Roekwell
12-15
12-5
Marshall
$5
pfd.
4
12-
See Field
'
12-14
79
preferred
preferred
Corp.
(Max-shall)
(Glenn L.)
12-
Massachusetts
Plate
11-30-
12-
12-16
25c
12.-15
12-
1
12-15
12-
1
1-
1
Mastic
McCrory
11-27
11-27
12-15
12-
1
6(49
25c
50c
preferred series C
(accum.)___,—''
59
preferred sex-ies D
(accum.
1-
1
Glass
(G.)
12-11
.
12-12
12-12
12-12
12-15
12-
69 special .preferred I quar.
1_ :
Kroger Grocery & Baking—
•'/•./.■
6 9. 1st preferred (quar..
5.
H.)l& CoJ, common
12-
1
12-
5
Kuppenheiraer
$1%
1-2
12-
5
La.Crosse Telephone.
5c
12-15
12-
(year-end)—90c
12-21
12-10-
12-21
12-
12-21
12-7:
12-21'
12-
12-15
12-1
__•
(quar.)__i_
1
;
(s-a)50c
''
'
,
79
preferred ''(s-a)___t9__'__4_v.-4-^_4»-':'.''
Hewitt Rubber Corp.—
Bartlett
Co.—
&
,
$3'4
■
*.
,
50c '
■
25c
7
La
-
1-2-43
1-2-43
12-21
12-15
12-24
common_4__4—__
12-24
(quar.)l
Corp.
12-23
Co._______________
Lake Gold Mines
12-15
1-2-43
_____
12-31
12-31
4——
preferred
Steel
Corp.
.
Quarterly
(year-end)
Bk.
12-15
—
Tr.
&
___________
.
&
class .A
12-14
1-29-43
15c
—
1-19-43
12-
5
12-
125c
75c
12-21
12-29
(quar.)
A_~_
Hobart Mfg. Co., class A (extra)____________
$1)4
12-29
12-21
12-' 5
'$114
iquar.)-
,
(quar.)
(St.
1-
Hinde
Dauch
&
59
Paper common
preferred
Holland Furnace
Hollander
(A)
Year-end
Sons,
Dew.
25c
Oil
Honolulu
:
Ltd.
1-1-43
12-29
12-15
12-24
(Joseph)
Co.
Co.
t20c
;
Oil
Scale
Hubbell
Co.
of
Texas
69
pfd
Telephone
49
guaranteed
$6
preferred
Life
12-31*
1-15
12-11
(' 8%.
12-19
Leath
12-31*
12-21
12-11
1- 2
12-15
6834e
12-31
12-21
12-5
12-15
Liquidating ____4
Lehigh & Wilkes-Barte
12-10s
Lelnx
$1)4
12-31
12-18
Leighton Industries
12-11
$1)4
1-
2
12-15
t$33/4
1-2-43
12-31
&
Steel
S3
pfd.
(s-a)
$1)4
(year-end)25c
Indianapolis Power & Light
5)49 preferred
(quar.)
com.
Railways
Leslie
Lima
Locomotive
(quar.)—_
30c
$1.31)4
50c
12-31
12-22
1-
2
12-15
12-11
12-
5
12-18
12-
5
1-15
12-17
1
12-17
12-15
12-5
1-
Lincoln
Service
Common,
4
:
12-24
12-12
.,
.
20c
12-19
12-
f>:
12-21
12-
5
.
12-14
1-2-43
(s-a)v
Miller & Hart, Inc., $1
Miller Tool & Die
;
-
Extra
4
$7
Missouri Edison
Co.
Missouri
Portland
Mitchell
(Robert)
Mode
&
$7
O'Day Corp.
M(g.
Co.
12-22
11-23
12-21
(quar.).._
12-15
com. (quar.),
12-
49
pfd.
4
12-15
________
12-19'
11-28
Ltd.___.__4_—
RR.,
(quar.),
12-
1,
12-
(s-a)
1,
12-19,
12-10
______________
12-
8'
12-
8
50c
12-15
12-
1
Monolith Portland Midwest Co.—
129 5
12-
4:
12-22
Molybdenum Corp. of America.—
Monarch
Life Assurance
(Winnipeg)
Monolith Portland Cement, 89
12-
(s-a)
12-15
11-21
25c
12-15
11-27"
Monroe
Auto
12-11
Monroe
12-
Chemical, $3.50 preferred (quar.)
Dakota Utilities, common
1-
$1%
1
1
30c
—
(quar.)
12-
12-26
12-12
5 9
preferred
12-21
11-17
6 9
preferred
(quar.)
12-12
11-30
Class
12-12
11-30
Montreal
12-12
11-30
179 c
12-14
12-' 5
Montreal
Loan
12-15
Montreal
Refrigeration
$1-62,14
50C
.
1^2^43
12-21
_
12-
7
A
Cotton,
79 preferred
$3
preferred
1-
2,
12-
5.
1-
1
12-12
10c
12-29
12-15
12-29
12-15,
50c
common—
12-29
$19
4
(quar.)
25c
1
1-15
$ 1V4
Montgomery Ward & Co.,
C.)—:
5
12-12
87 9c
iquar.)
3c
12-
15c
Montana
12-15
12-15
$134
.
Equipment.
50c
.
5-
12-15-
pfd. (accum.)
89
preferred
(accumulated)
Monongahela Valley Water, 79 pfd.
3714c
Co.
'•
iquar.)A
(year-end)_4_A__
11-30
_______
I
8
2
12-22
(year-endl_
8714c
Match
pfd.
Cement
Co.,
Birmingham
79
Lion
pfd.
Mississippi Valley Public Service,
69 preferred B (quar.)*.__
6"<>
(quar.)
1212-
12-21'
69
12-22
50c
(accum.)
participating pi-eferrcd iquar.)
prior preferred (quar.)
Lindsay Light & Chemical... 7 9 pfd. fquar.)_
Link Belt Co.. 614 9 preferred
(quar.j
11-14
'preferred
Mississippi
1
9
11-14*
:
.—
3714c
D.
1212-
(quar.)_w>^^Jr~wA----AAA_A_ A
(quar.)
River Power.
1
12-24
11-24
12-14
1
(quar.)__
12-
11-30
i-'
50c
pfd.
11-27
Mission
Corp.
(year-end)_,
2—
Mississippi Power; $6 prefer:ed (quar.
Modine
Inc
12-19
(year-end) _^A____ A
prior pfd. 4quar394,A
15c
Co.____
(Wash.,
:_i__4__———
$3.25
A
12-15
12-15
(participating)
35c
cl.
12-15
..
(s-a)AA_LA_______
common
preferred
Mobile
Co
Corp.
12-
—
■
7 9
1
40c
•
$1
non-cum.
Works.
Petroleum
12-
A:
.
Corp.—
Liggett & Mvers Tobacco,
Corp.
12-10
12-28
ProductsAquar.)
Glass
89
11-25....
.
J.)
12-15
12-15
.Midwest Piping & Supply
5.
12-10
Co.,
8 9 preferred
A
12-15...
12-31
Refineries *(year-end)
Salt ..Co.
(quarn
Lincoln
20c
Chemical.
Products
Fink
12-
;
■
12-15
6214c
Lily-Tulip
—
Investors
Gas
&
Llbbey-Owens-Ford
?10c
)
12-15
Oil
Midwest
12-15
(Richmond, Va.)
(N.
(quar.t________^._____
12-, 1-
.
12rl5.
2.
J 2-28
25c
(year-end
Leonard
1
1-.
4.
12-21.
"
-
■
49
12-20
(interim)
3714c.,
(quar.)
preferred (quar.)
Lehigh & Wilkes-Barre Coal
1
'
(quar,)
...
■
Roi Company
(irregular)-.
Coal & Navigation-—
Lehigh Portland Cement Co.°—
12-18
1-
12-
-lr 2
!fc3
pfd.
$1
(Toronto)
";;i'i$l";.:
;
fs-ai_
$2.50
30c
Canada-
Incorporated
Co..
—
:
Indiana
Cement
_______
(quar.)
Tnriiana
Portland
1
12-
preferred
.
8
^
Lehigh
11-25
$1
-
v
L
1'
.
;
Le
11-27
$2
Co.
&
12-26
12-12
1-
'
,
12.
12-
12-
Mid-City Bank & Trust.Cm (Phila.)__;_A___
Middle West Corp. (year-end)
Midland Grocery, 69 pfd. (s-a.)
Midland Oil Corp., $2 conv. pfd. (acciun.i.__
>>Midvale,.Co. (year-end)
;
12-15.
.12-14
;
62l4c.
,
I..
"
.
11-27
It.2
)iveaular)
preferred
12-21
25c
10c
(quar.) 4_—
Lawyers Title Insurance Co.
40c
(Leased Lines)—
Assurance
Lawrence
12-22
Telephone—
Imperial Tobacco of
Indianapolis
12-21
12-21
-
_
(reduced 1
Quarterly
Ordinary
1-15
A
.
-j;$l
—j..._■-
(s-a)
Commercial
Imperial
Co.
2
Co.
124. 1 *
,12-15
VA 2-1
_$loc
;
.
(Ontario)—
.
(quq,r.)___—, v" $13 4-
preferred
62)4c
(quar.)
Hyde Park Brewing Assn. (year-end)
Hygrade Food Products (initial)
Illinois Central RR.
1-
(interim19_9__—
Co.
2
79
preferred fquar.
Michigan. Silica Co. (quar.) __^__„_A^A-__~Mlckleberry's Food Products (s-a)___l4__—_
12-11
.1-2
;;,/-25c,..A 12-15
Lang (John A.) & Son (quar.)
1714c A li 2
_4__
Latrobe Electric Steel____-___.:______——__9"
v.-30c ..'12-21
Extra
.12-21;
'.4 30c
Lava Cap Gold Mining Corp._________
92c.;. ,12-15
$2
Mtge. Corp, (quar.)___.—,___
Hussman-Ligonier, 5)49 conv. pfd. (quar.)_
Tluttig Sash & Door—
Illinois
12-10
Frary & Clark
tiane-Wells
f$l)4
Erie
Illinois Bell
12-10
12-11
7%
$1
$1)4
—
Hudson Bay Mining & Smelting
Oil & Refining
&
12-21
—__
Inc.
12-11
12-21
62VsC
.
12-. 8
12-26
(quar.)—______
Co
(Harvey),
12-31
r
4
Banking & Loan
Quarterly. ;—_
5
1-
-A'
i$i"'
comxxxon—^44—4___
Ln"6is Machine Co.—
5
30c
Humble
Huron
Landers,
12-
30c
—
Co.
Landed
1-
12-22
(quar.)AA«—A.4~'A!aU_—_h- ;;
; $6 Junior preferred
;• :♦
12-24
.
12-15
Ont.)
(quar.).
12-
$1.10
(interim)—______
A
Houston
$1)4
_—-
(resumed)____________
iquar.)
)
Household Finance, common
59 preferred (quar.)
Howe
(quar;)
(year-end)
Houdaille-Hershey class B
Class
pfd.
preferred
12-15
12-15
Hooker Electrochemical 69
Sessions
&
12-24
12-15
(Sarnia,
•__
Lnmaque. Gold Mines.,. Ltd.
12-23
12-18
A
2
1-2
$7 prior preferred AQbrn,)-——-------Michigan Associated Telep., 69 pfd. (quar.) A
Michigan Public Service Co.. 69 pfd. (quar.)
69 preferred series 1940 (quar.)
4,_,
4,
12-21
1-1-43
prior
1-
12-23
(quar,) ______4__A——4__A_-
px-eferred
$6
12-23
It
A
tsoc
$2.50
1-
I
12-31
•
(quar.)—
$7
9
Louis)
(quar.)__._
.,
12-
(quar.)
; $6 .preferred
12-19:
A 1-15
pfd.
1'
11-25
12-31
4-
79
12-26'
12-
12-21
—
Co.—:—
Thermit Corp.,
$5 .preferred
5.
;12-19
12-31
8oc;
&, Invest. Co.
4
12-15
1-2-43
—
15C.
$tV* v
Semi-annual
,
.'12-
12-20
314 c
lauar.)
Lake Shore Mines,
Lamson
12-15
$314-
Co. " (year-end 1
Lambton. Loan
12-1 5
1-
50c
$50c
(quar.)
(quar.)
Corp.
Mfg.
12-> 4
12-15
Transit___„—25c
Rapid
Hoskins
(Cal)
■
(quar.)25c
Ltd.
Honolulu
Home
25c
■
.
12-26
50c
Inc
1—
Home Fire & Marine Insurance
Honey
'
(quar.)— _______aAA--
Co.
&
A
'
Machine
2
i2-"a
12-15
.
Miners
Metropolitan Edison Co.—
2-1-43-1-15-43
25c
-
2-^
Corp. com. (qu.)
Mesta
12-18
1-2-43
$114
.
,12- 1
75c
Steel
11-20
(quar.h_—_4L_—12-31,
preferred
Laclede
V-
(quar))
(year-end)—
(quar,)_
Laclede-Christy Clay Products Co.-~89
12-24
15c
11-20-
12-14
50c,
common
preferred
1
12-14
$1%,
pieferred
Salle Industrial Finance
70c
1-20
Metal &
_____
+s-a)____ 1__—__4_—
preferred
12-
)
12-31
(quar.)
Transportation—;
Merchants Refrigeration 79
pfd. (accum."
Merck & Company. : common,._„___A_______
4 V49 preferred, (quar.>4
599
preferred (quar.)_____44—_A
Mergenthaler -Linotype Co.- (year-endi_4^—"•
Merrimac Hat Corp.
(extra) —A——-______
12-1
15c
(s-ai
69
Mfg.,
convertible
7.9-
7
(B.)-&%Co.
Plant-Choate
"SI
;
La
1
L,
_________
Paper Co. of Canada
5:
79 2nd preferred (quar.)
-
2
1-
12-23
iquar.)___i___———
Wox-ks,
(quar.)
Merchaxxts
40c
*
1-2
(year-end)
12-15
12-15
2-1-43
■
6214c
II-16.
12-15
common
$114
.
(quar..)—
12-16
1.
25c
tspencer,
pfd,-_____;_^T_
pfd.
D
12-15
12-15
12-15
Fund—
(quar. )■
Mercantiie-Comhxerce
12-1 r
2
12-29
5c:
59
Kress
1-2-43
.
$1)4
Royalties
Powder
Hinde&Dauch
(S.
&
_4—25c
Co), common
Creamerv,
Monthly
Monthly
Co.
Emll)
12-
Extra'
xtiuoarcl.
(D.
Kingston Products Corp..:
12-11*
(quar.)—______
Ranch
Hercules
Hersbev
non-cum.
Klein
5"
25c
Brewing
preferred
Hendrick
Kinney Mfg. Co. $6
12-11
50c
_____
(George W.)
79
12-
12-, 5
12-21
12-15
end)
(year
Hein-Werner Motor Parts Corp.
Helme
12-15
12-15
$3
$1)4
(quar.)—
Corporation
Hecla Mining Co
Heileman
50c
12-
12-31
Petroleums, Ltd., partic. pfd. I s-a)
Melchers Distillers, 69 partic. pfd. "(s-ahu_...
Mengel Company, common (year end)______
A 59 convertible 1st preferred (s-a»——
12-11
12-29
c
12-21
McManus
12-29
75c
6214
11-30
11-28
12-23
$114'
8714 c.
(accum.)
12-19
12-26
tquar.)
2nd
Publishing
1st
McLouth
12-15v
2
12-15
1-
B
12-23
12-15
•
—
pfd, B
2
T-
12-10
12-15
Class
25c '
12-26
McKesson & Robbins,, 5Va9 pfd. (quar.)_
McLennan, McFeeley & Prior, class A (quar.)
-
3 2-10
77c
.
12-19
$2
12-15
12-10
,.70c
.
12-11
1-15
(quar.)—_
1
,
2
1-
1-15
(quar.)
Stores
McKenzie. Red
10c
_
12-15
Glass-Insurance : (S-aH,
Cprp.
Alkali
McGraw-Hill
12-30
1-
12-19
1
(irregular)I__i9
Mclntyre Porcupine Mines, Ltd. (extra)
12-24
$6
9
1-
;,
preferred
1:8c
__
1-
(year-end)__
Co.
Asphalt
79
'
1-
12-31
"25c
$l'/4
iquar.)___^___.4_;___;_..r_-. "
Inc.
Electric
Mathlcson
12-15
2
12-24
$1
1-15
•
Extra
Master
12-15
814c
379c
"
12-23
20c
12-15
Co.
common
Investors
12-15
12-15
12-24
(year-end)A
Massachusetts
4
12-3*
1
$1
4
1-
■
preferred
79
preferred
Maryland Fund,
.
(quar.)
Drydock,
69
12-15
1214c
(accum.)
&
Co.
Ltd.,
12-15
25c
prior preferred
12-14
12-15
$13V
iquar.
-
1-
12-15
______
12-26
120c
tquar,)-
(year-end
12-21
75c
(year-end)
$1
.
$17 9 c
B
Marveix's.
12-1
(quar.)—.
11-27
11-30
.
<quar.t
Ltd.,-common
.12-24
1
(quar.)__^
series
& Co.-—
J1-27
12-14
12-15
lquar.)__4~-_-
12-15
Power.
12-10
15C
Marchant
12-15
Co.. .(.quae).
12-15
50c
12-15
$ 1 PA
common_„______
11-30
$19
1-1-43
c
11-30
12-14
A'A
.,
Reserve
1
12-11
12-29
•*12-14
•
Field
2
1-
1.
■•A. $3c
■;
Marion
i- 2
„
50c
(year-end)—_A
Mines
7
1-
10-28
50c
Consolidated
79
12-
10-28
12-29
$19
7;.
12-15
11-30
12-23
12-29
S3e
12-
A'.
12-15
1
25c
12-
15c
11-30
10c
^___4__A_A__A
(q,uar.)„_
Extra '
12-17^
■"
12-14
25c
,
.
Calculating Machine iquar.)
Margay Oil Corp. Iquar.-
-
11-30
$19
,.
(I.). & Co. (quar.)_i_4„_h;_44„Ji,_4__
Magor Car Corp. (year-end)
Mangel Stores Corp, $5 conv. pfd. (accum.)
12-10
12-
-
1
12-
12-15
25c
Consolidated
12-15
—___
35c "
(quai\)__
—__________
(liquidating),_____—_
12-15'
12-15
6c
•
_
Magnet
$1V4
(extra)
.1.25c
".V
,
Hawaiian
1-2-43
(2-22
2c
Magnin
25C
.
69
5..
12-
12-
..
,
preferred (accum.)4_a^
i
Cock;shutt Gold Mining (interim)
Macmillan Co., common
(quar.)___...___^_4_;:.
$2
'
preferred
(s-a)_r—
convertible
12-10
$114
Kings County Lighting 7%.
12-1
12-15
Copper
,
12.-21
2-
PA
3714
Custodian. Fund, .series
Extra
69
1"
12-15
1
12-18
Drilling Co
10c
Service $2.80 pfd. (quar.)
Keystone; Steel &■ Wire (yeaxvend)——_
Kimberly-Clark Corp. com. (quar.)—-.:——
12-31
1-15.
15c
35c
(year-end)
Corp.
12-24
<fc
$114 '
(quar.)
Keystone'Public
12-14
Harrisburg Gas, 7 9 preferred
Harrisburg Rys. (year-end)_
79
Martin
.
12-24
-
1-11
-
$1
(s-a)
6 9
11-30
12-
IIV
.
(reduced)
MacLeod
•
Company
12-24
t
Oil
Ltd.
30c
(year-end)
Special
Kerlyn Oil Co. class A
$1)4
____
Abingdon Telegraph
A 12-10
l-'l
A
134.'
(year-end)_
com.
5.
.12-
12-23
12-15
; i5c
Products—i
Mines,
20c
Copper
15c
$19
(quar.)__
com.
Metal
Maryland
Kennecott,
Key
—.
12-1
1-.1-43
.
,
8
I-6-43
1*
$2
Madscn Red Lake Gold Mines, Ltd. (interim)
Magazine Repeating Razor common (quar.)_
$5 px*eferred
(quar.)____
"
$114
'-A' 75c
;'
J__l
12-
1-20-43
(quar.1_4._-
Macy (R. H.)
1-6-43
■;
Mixxes
12-:
$2
11-30
50c
c_
Co.
Corp.,
12-4
12-15
25c
12-15
$114
.
'-i
••
Kelley Island. Lime & Transport
preferred
4
12-18
10c
>'
A: 12-15.:
4oc
' $1
(quar.)
&
12-
$1%
(year-end)
12-15
$114
Kearney .(J. R.)
(Julius)
59
preferred Iquar.)—
.—1
preferred 2nd issue iquar.)
Harrington & Richardson Arms (accum.)
1
12-28
50c
prefex-red (quar.)—.—
79 preferred (quar.)
conv.
Kay nee Co.-.
59
Harnischfeger Corp..
1
12-
$1144'.
v
..
common
preferred
11-25
12-18
(quar.)
12-31
,loc
;":
(quar.)___
Co',
Drug
$4.50
12-15
45c
10c
12-31
$1.0614
B
preferred
12-10
20c
-
year-end)"——
1
coipmon
Magma
(quar.)—______—_____
Kerr-Addison' Gold
+3c
—_—
12-
.
-
(quar.)_____________
Kayser
;•
2
$19
Mackinnie
,
SIP/*-
Kaufmann Department Stores, com.
"
(quar.)____,
12-1
12-15
■
$114
f
.
12-
12-21
$i'/8
(quar.)1——
Macassa
12-15.-;
.
„
50 c
•- •
City Power & Light—
$1.50
Refractories—
Lyon
'
12-15
25c :•/ 12-15
Co.
Lynqhburg &
12-.1
i2-15.
'
t5c
..
,
Co.—
12-15.
1-2
12-31
year-end)
common
preferred
t50c
8
11-30
•;
(quar.)_
12-15
2
•-i: $ 1 )4
______
1-
12-1,
'
12-15
(quar.)
preferred
$6
Ltd.—
Co.
preferred
1-
A 1-15
,
RR.
Associates
preierred
..
3714c ;
*
(quar.)
Kansas City Southern—
,! 49. non-cumulative preferred
Kansas-Nebraska Natural Gas.
1.;
12-
common
Theatres,
Harbison-Walker
Rock
Ltd.,
(accumulated)--
Watch
12-16"
12-1(5
A-A A
(quar.)
preferred
United
preferred
Hamilton
$2.40 conv. pfd.
Co.,
12-31
SI
__________
_,__1____A
Hamilton
43%c
(quar.t-—
iquar.)
Extra
Brothers Co..
11-30
$6
11-30-
$! V%
(year-end)
12-21
1-2
12-15
12-15
(quar.)——
—
1
12-15
tquar.)
•
$19
$1%
(quar.)
pfd.
(quar.)—
$8 preferred
.2-
$ 13 4.
Mfg.
Lunkenheimer
1
12-i;
(interim)___—___i_
Co. ;rextra)___
Vegetable Parchment
Kalamazoo
(year end)$214
25c
Y.)
pfd.
(quar.)
12-18
.Ludlow
;
12-15
,
.
Battery
25c
Guaranty
Gulf
(quar.)__
& Laughlin Steel Corp.__
59' preferred A iquar.)
59. preferred
B
iquax'.)
Joslyn Mfg. & Supply common (quar.)
7
12-
12-29
Nashville
&
•'
12-
12-28
75c
12-17
tsi3/4.
certificates
(quar'.)
12-15
Corp.___
1
1-15
t$lV2
(quar.)z___—
129c
_____
1*
12-15
1-
t $ 13 8
joiies.
3.
f
12-
1- i"
12-15
.(quar.:)i__~__-____;__._4____
319c
common
Aircraft
7 9.
12-23
Co. common' (year-end)
(P.)
MacKinnon
preferred
Co.. common
12-11
common
held____
,
'
12-28
10c
Co.,
12-
Tea
Gas,
Star
Lone
Louisville Title & Mtge.
;
Extra
^
;
75c
Johns-Manville Corp. com.___.
12-ir
12-21
Water.System, 6'A pfd. (accum.)
$19
Western Brewery_____—$1
Group No. 1 Oil Corp
$50
Griesedieck
12-;.1 A
,
'
iquar.)
4'A9- preferred
12-15:
1-
Jewel
12-15
$15c
(quar.i____—
1-
$la4
_____
Ltd.
Co.,
$2
50c
12-15
12-11
A
One
Natural
of
Louisville
75C
certificates:
arrear
& Co.
preferred
(stock dividend)..
Corp.
shares
11-30
4 50c
■
certificates__'_
Supply,'common
79, preferred
A.
______
(quar.)_____
69
,
■•
arrear
Mines
12-23
12-23
,
12-1
25c
; -
v
12-31
J $ 1.75
)
75c
1"
79 preferred (quar.)___.i__T_c___;
Louisiana Land & Exploration____^_,—A...
$13V
,?
(quar.)_.
(C. E.)
>,
12rl5
I' 45cl
,
(quar.)
-
arrear
69
12-14
11-30
Ahi.
(quar..1
12-15
50c
iquar.)__
common_____
Jersey Central Power. & Light
5)49
preferred
(quar.
12-21,
common
Water
,$5 preferred
:
(quar.)—
Northern
18
12-14
12-26
12-14
'
Jamie.son
12-31
Greenwich
Gruen
Mountain
Jamaica
Shoe
____________
_•
11-30.
12-15
12-31
Wire
Group
Island
11-20
div.
dividend
(John)
12-18
2
175c
beneficial
Lorillard
Co.—
dividend
Irving
-12-18.
1- 2
1-
j;75c
of
(B)
25c
20c
(accum.)____.—_—
pref.
Great Western Sugar,
preferred
11-20
12-15
(quar.)_
(year-end)
'
12-26
ioc
12-31
-50c
■
Inc. 1 year-end)
(year-end);
(Pliila.)
preferred
79. preferred
Co.—
Great Northern Iron Ore
Certificates
6)49
12-15
Stores,
Utilities
69. preferred
12-14.
pref_ (accum. )________:___A
partic.
Southern
12-10
12-24
Gas
of
12-22
.A", 50C
;
A.';. A'
50c,
(quar.)___^.
Natural Gas Co.,
12-24
10c
12-15
-.
tax
12-11^
12-21J
30c
—
'
Corporatiqn
Corp.
Star
share
1-15
12-31
1-1-43
25c
''/A; for each
12-12
.12-12
.
';.|:25s;'
•
payable
Canad.
preferred
preferred
Iowa
5-15-43
35c
12-22..
f
u
$ L'
tyear-end)____
(quar. 1
Department
Investment
12-22
2
_____—
:
1.
.
'
Y.)
(N.
less
12-30
'
,
.
Co'.^
Co.
-
________
A
funds
Shoe
629c
(N, Y.)—-
•
Silver, 7,9
"
1
Insurance
Class B partic.
States
Lone
12-19
11-30
(quar.,I ^.2—
Theatres, Ltd.9—
1
11-24
13-30.
$1
75c'
Year-end
12-10
1-15
(Marcus
79^ preferred
,
12-15
-'
9.
/
•
(Canada 1,
'
12-26
.
.t7'/2C;
•
Co._—
Lope "Star Cement
12-14
50c
i-,«
1
Products Corp.
International
< resumed i ____—25c
Loew's
1-14
12-28
$2
Locke Steel Chain Co.
'Extra
12-14 '
12-7
12-12
iquar.)
Locomotive Firebox
50c
•
zi
Chemicals—
Co.
International
1-
7.
preferred
-
12-11'
2
;
of Ree
75c
.
Holder a
12-23
year-end)
1
11-30
'
12-24'
40c
Mills
12-11
75c
(year-end)
-A
(s-a)
&
12-31
____
12-
89
_
J
Interstate
American
Hard
United
in
Intertype
—
1-
60c
(quar.)_^.!,
•
Nickel
International
12-31
11-14;
(quar.)
5
1-28
37VL-e"
f.
(quar.)'
com.
:
(quar,)
Hosiery
International
2
Co.,
12-22
comxnon___—_____ ' '
Extra
69
Interstate
12-
*,Xora
7 4
12-
Machinery
Minerals
preferred
12-15
Common
$2
49
4'
1- 2
629c
.
7,
-
12-22.
(quar.)_
(year-end)
International
12-20
2
12-22
20c
Great American Indemnity Co.
Halle
12-
12-14
Special
1
12-15
Hosiery
Hall
8
50c
(quar.)
_
5
1.2-
1
$1)4
pfd.
conv;
1212-
•
I-' 2
'•
'
(quar.)•__!),,
Products
•
12-19
1-
2V4'9
59
Cigar
$19
(quar.)
(quar.)
Fisheries
Machine
Harvester
15c
■
',;J.25C; . ''12-.22
dividend);
_r
Cellucotton
International
1-
■'
:
Mfg. Co.
;
When/
$3
,
Payable
25c
Long. Lac Gold Mixxes (interim 1-4.
Little Schuylkill Navigation River.& Canal—
:fSemi-annually
Lock-Joint Pipe Co., Common (monthly)
5'.',
12-15
2
12-15
City
Gulf
12-
,12-15
.'91-, 2
25c
.v1"';,
Little
'.
.(stock
Business
dividend
International
25c
Granite
5ck
Stock
1
1-
shares,
International
12-15
12-10
Llsk
12-
12-15:
$1 V»
SecuTities-r-
■
Per
share
.-V J* »'«•.
Name of Company
JLion Oil Refining ,.(quar,)_n_j.___r____,__—
Liquidometer Corp.
(year-end)—
12-24
;.'}■* $3'
•v
,
Institutional
12-
12-31
4
1
;.
>
't
,
(s-a)
12-14.
group
12-24'
50c
12-14'
'
•
;
12-12,
:.
12-31,.
'
25c
Product„s____i—
Inspiration Consolidated Copper__'—
Bank
ll- .2
$1)4
Steel
International
40c
(quar.)____
Gotham
715-
Inland
preferred' (quar.)
AiwA*—$1)4
Manufacturing Co.__________—___
50c
Gorton-Pew
Class
8
1
conv.
Great
8
12-
12-15
of,Rec.,
Bank of Chicago-
12-
8
Holders'
$1)4
conv.
(quarterly)
4)49 preferred iquar.)
Ingersoll-Rand, 6 9 preferred
12-
(quar.)_i
pfd. A
Common
12-14.
12-
(quar.)—__
common-
Goodyear Tire & Rubber
Gorham
National
A
12-5
(resumed);—
Co,
$2.50
Ltd.
F.)
Industrial
L-11-43
class
non-cum.
12-15
(quar.)5c
Telegraph
State
Goodrich
$2
When'■
Payable
share
pfd. (quar.) )
(resumed)
90c
" "
(N. Y.)
common
Co.
11-12
Acceptance- 5 Vr
12-15
(quar.)_..:_^____:i__—$.13A
preferred
Industrial
25c
Glen Falls Insurance Co.
79
12-10*1
12-20
12-15
2-1
12.15
25c
25c
Co.___,
Globe-Wernicke
Indianapolis Water Co.. 5 9
1-2
$19
50c
30c
$19
,
"
(quar.)
Alden Coal Co,
Glen
$19
(quar.t
$5
11-27
12-15
12-24
1- 2
1- 2
25c
pfd. (quar,)~___.—.
(quar.)
Giddings & Lewis Machine Tool (year-endi_
Gillette Safety Razor com.
(year-end)_____
$5 preferred
|quar,)_
Gilmer (L. H.) Co. (quar,)„——_
$6
Georgia Power,
$6 preferred
Company
of Ree
12-15
1- 1
12-12
2-1-43
12-18
12-15
12-22
Fire
General
mT; •i;
Name of
payable
Extinguisher (year-end) _
Mills, Inc., 59 preferred (quar.)__
General
Holdtri
When
Per
thare
Name of Company
1-15
12-11
1-
12-11
$134
Ltd.,
com.
(quar.t-
& Mortgage Co,
'
(quar.)
2
i$i
(quar.)—-,
•
12-15,
12-15
11-30,
1$l3/4
12-15
11 -30
t31'/4C
12-15
11-30
$$1V4
12-16
12-
& Storage—
(accumulated)
4
...
Name of Company.
Dry Goods Co.
(W. E.)
Moore
Morgan (J. P.) & Co.
Motor Products Corp.
1
Mountain Producers Corp.
Co.
Brass
(quar.)_
12-21
12-25)
12-15
12-15
12-26
12-15
12-10
12-18
12-15
11-25
Parafl'lne
12-
.
National Blvd'.
Quarterly
Bank of Chicago
National Cash Register Co.
V
+
(quar.)/*__**!_!V;/,
National
Casualty
National
(Detroit)
(quar.)
*_*
Lines, common—*_*:
!*_*_/
——*—*—*******—**■***!„**_/
.Extra
-
12-
A
'
1-15
12-31
Parker
Appliance
1-15
12-31
Patino
Mines
(Year-end)
,
12-
Pato
11-30
Paton
•
1-
2
3-24
50c
25c
25c
25c
1-
2
12-11
/National
National
National
12-
11-30
12-15
11-28
12-15
11-28
1
12-15
11-20
12-22
12-
12-18
11-30
12-24
Extra
—
*******
'
***;»'*—*—**■**.—********ml***
12-14
.
12-15
11-20
12-18
12-11
1-16
12-15
12-30
12-23
12-24
12-11
-
I-15
1.
11-27
4
1-2-43
Year-end
12-22
12-15
5%. preferred
'■
•-,
/'**/!!_**__,
**_**_
12-15
2
''
2
12-2
1-
2
12-15
12-
.New
'
New
12-31
12-15
11-30
11-30
12-15
11-30
9
SI
50c
12-19
12-
9
New
New
)
'
;
v
1-
2
12-14
1-
(accum.)
!
—
RR. Co. (resumed)--*—.
York City Omnibus (year-end)———
York & Harlem RR.. 10#' pfd. (s-a)*_*
'
$5
11-30
I
12-17
1-
2
12-15
1-
2
12-15
-12-14
11-20
12-15
12-23
2-1-43
,
11-27
1-15-43
12-
11-30
12-15
12-
12-15
11-20
12-19
$2>/2
6Ye
53/4
11-30
v
.
'
-
5
•
12-22
12-22
1- 1
75c
Class B (year-end)——————75c
6% prior preferred (quar.)—75c
North Central Texas Oil (year-end)—
12y2c
-North Star Oil, 7# pfd. (accum.)
—
1834C".-.
Northern Empire Mines Co., Ltd. (interim)-*
120c
a
—.
*
12-5
12-10
12-11
:
12-11 *
12-22
12-
2
12-16
1- 2
——~-*/:
60c
12-15
12-21
12 V2c
$ 1 '/a
1-25
1-25
6</o-
Gas—
Natural
Northern
12-21
12-10
Power, common
..
(quar.)—
preferred
Northland Greyhound Lines,
.
Brass
Co.,
Class B
-Ohio
$6
Edison Co,,
class A
'
"
"
*
$5 preferred
6r/o
Co.,
$134
$1.80
40c;
$1V4
SlVa
/
(irregular)—
$1.75 prior preference
(quar.)—
Ohio Water Service, class A (year-end)
Oilstocks, Ltd.
(reduced)——
—
Oklahoma Gas & Elec.: 6% pfd. (quar.)
7% preferred (quar.)
—
Natural Gas,
Elevator
Co.,
common
Ottawa
Electric Ry.
Extra
5%
—
85c
12-21
12-11
iquar.)_*_
$20c
12-26
12-10
**
common
-
5
7
12-
7
Inc., common
,
(quar.)**
Year-end
•I
Louis Public
Class
,
}25C
.
12-15
12-15
12-15
12-15
.12-10
12-10
12-10
'
.11-14
11-30
11-14
5
12-10
12-23
12-15
12-15
12-31
12-31
12-31
12-22
1-1
12-15
433/4C
12-15
.
9
11-30
/ Public
of N. J.—
Corp.
Service
Common
1-15
I-
2
12-15
12-
5
preferred (quar.)——'
6r/o
preferred, Xmonthly)___*—*__*—__
6 ','c
preferred (monthly)
—
T/o- preferred (quar.)***—
*-." t
87c' preferred (quar.)*.
C:}
Public Service of Oklahoma, b% pfd." (quar.)
Public Service Elec. & Gas, $5 pfd, (quar.)* . I
12-15
12-15
12-12
12-15
11-30
11-30
12-15
12-10
35c
12-21
11-24
$iy2
}50c.
12-21
1- 2
11-24
1- 2
1- 1
1- 1
(quar.)!!'—
12-10
of
Co.
N.
H.,
'
$5
pfd.; (quar.)
$6
$iy4
50c
50c
$1%
' $2
12-21
12-15
12-15
2 Vic
12-23
12-15
12-15
12-10
12-15
12-10
$7
pfd.
non-cum.
12-15
75C
*
12-5
12-23
$l>/2
(initial)
12-15
$3
,*_*
7'Z
Remedial
12-15
12-
1
12-31
12-15
12-21
12-10
$1.62Va
Assn.
62 V2C"
25C
Loan
(quar.)
Schlff
Company,
12-10
1-2-43
1-2-43
12-10
50c
12-15
•12-10
2
12-19
25c
12-15
II-30
50c
12-15
11-30
$13/B
12-15
11-30
12 Vic
12-15
12-10
45c
12-12
11-28*
12-12
11-28*
50c
12-23
12-
$1
12-14
11-27
„_*
$1
2-1-43
1-20-43*
._**
$1 Va
2-1-43
1-20-43*
25c
12-15
12-
10c
12-24
12-10
37 Vic
12-24
12-10
*;
*
(quar.)******
(quar.)
Corp. com.
(year-end)__
$l3a
(quar.)*
(quar.)***,
*
'_**
common
Extra
5Vz't>
12-10
1-2-43
$2
(quar.)
debenture A
8','0
1-2-43
$l3/4
$1.87 Ms
(quar.)
D
debenture B
Schenley Distillers
5Vzf'o
preferred
;
**
preferred
(quar.)
*
Schlage Lock Co. (quar.)
Scott
Paper Company
Scovlll
Mfg.
(quar.)
—
*
(quar.)
Lace Co. (year-end)
Scranton
:
1-
12-10
—
(quar.)
preferred (quar.)**—*
Seaboard Oil Co.' (Del,) (quar.)
Securities Acceptance Corp.—
$4Vz
*
—
Common
(quar.) **___*__***_
preferred (quar.)
—*_**;
6 c:'o
1-15
12-15
12-15 •/
**_
—
12-24
12-18
12-18
12-15
12-15
$iy4
$iy2
Seeman
Brothers;
Inc.*,
^Seiberling Rubber Co.,
J 65c
preferred—
non-cumulative
6 %
75c
—*_**:
1- 2
12-15
12-15
11-25
12-14
12-14 '
12-21
12-4
.11-30
12-15
12-21
1? 1
1- 1
12-21
11-30
12-1
12-10
50c
$1
6% preferred (quar.)—:
*
/
$iy2
Quaker State Oil Refining Corp.—.—25c
12-15
12-24
2-27
12-15
25c
1- 2
1- 2
.12-21
12-15
12-15
1-2
class A
5%
non-cumulativc
Serrlck
preferred
*
*
(year-end)
Quaker Oats Co;, common (quar.)
Pyrene Manufacturing"Co.
Ralston Steel
Car/ common—
preferred
.convertible
Rand's
Co.
(quar.)
B———
Class
(Pittsburgh)
"common
(quar.)
(quar.)__^—*—
Rath Packing. Co., common (reduced)
;—
5r/i> preferred (s-a)
5% preferred (s-a)_*
Raybestos-Manhattan, Inc. (year-end)
Reading Co., 2nd preferred (quar.)
Rayonier, Inc., $2 preferred (quar.)
Real Estate Loan Co. of Canada, Ltd. (s-a)_
8%
preferred
Realty Mtge. Co.
Non-cumulative
(Birmingham) —
preferred (year-end)
12-10
Regent Knitting Mills,
11-19
Reliable
11-19
5fo
Stores
*
(quar.)______
preferred (quar.)
Corp.
convertible
Ltd
$iy4
25c
5c
1
12-10
1-
1
12-10
10c
25c
1-
1
84c
1-
1
12-10
22C
12-15
11-25
12-15
11-25
(quar.)_**_.
&
Gas, 6%-pfd.
convertible
6%
preferred
(s-a)
$3
1-
1
12-15
30c
.**_**'
(s-a)*_*_***—*
1-
1
Corp.,
Extra
common
12-15
12-12
12-21
12-
1
40c
12-21
12-
1
:(:4c
1-15
12-31
1-15
12-31
12-15
12-
4c
'■(quar.);***!-**—**;
1-1
60c
'
Creek Gold Mines
Sheep
—___
*****—__**
12-23
10c
**!
(quar.)
Co.
25C
—_
(quar.)**!:
preferred
$5 convertible
Shattuck (F. G.)
$iy4
$lc
Steel
Sharon
Shell
(year-end)**—******
(year-end)
Oil Corp.
Union
Sherman
Co.
Lead
12-28
12-12
2
12-15
$2y2
$2V2
87y2c
50c
50c
■7%
preferred
}$134
(quar.)******
:_—**_'_*_*
(interim)
12-17
1- 2
12-15
125c 1-15-43
1-2-43
12y2c
12-21
12-15
37y2c
12-21
12-15
11-14
12-31
12-
5
25c
12-14
25c
12-14
12-
5
25c
12-15
12-
4
40c
12-18
12-
7
12-
8
12-
8
(quar.)__
115c
12-22
(quar.)***
—*******
Slmonds Saw & Steel" Co. - (year-end)——*
$ $ 1 3 '4
12-22
60c
12-15
11-24
Ltd. (quar.)**——*
(irregular)———__
Steel & Iron, $6 pfd. (quar.)
11 ViC
Simon
7%
Siscoe
(H.)
Gold
common
(year-end)
Common
Solar
'
(s-a)—
—
Mfg, Corp. (resumed)
Corporation ***__*—*—_—*—
Sonotone
South
Carolina Elec.
prior
-$6
(quar.)***—*-***_*—
Power $6 1st pfd, (quar.)—
Carolina
South
Penn
12-11
$$iy2
9
12-31
1-15
25c
12-18
12-10
25c
12-15
12-
4
10c
12-20
12-
5
1-15
12-31
20c
12-21
12-14
5c
12-22
12-
12-30
12-21
4
& Gas—-
preferred
South
12-11
12-21
$iy2
(quar.)—*
Snider Packing Corp, (quar.)—*——._*_*
Solar Aircraft Co. common (year-end)——*
convertible preferred A
11-
12-21
25c
Snap-On Tools
50c
11-12
12-14
$2
_*'_*_*_——*_*__
12-15
75c
Paper Mills, 67c pfd. (quar.) ;
(Howard)
v
$lVi
Mines,
Sloss-Sheffleld
Smith
Ltd.,
Sons,
81
preferred
Skelly Oil Co.
_
Oil
$iv/2
1-
2
12-15
(quar.)
South Porto Rico
"•
8(V preferred
37y2c
—
—.—
(quar.)
com.
GVo
57c original preferred (quar.)*.
5Vz7o preferred C (quar.)—*
'
6%
preferred
Southern
-
67c
Canada
Power,
common
(quar.)
—
participating preferred (quar.)—
7 7c pfd. (accum.)
Pacific Co.
Phosphate
Southern Weaving
Southland Royalty Co.
Southwestern Gas &
Southwestern
6
Vz7o
12-10
3-
1
2-15
30c
3!
1
2-15
30c
3-
1
2-15
30c
3-
1
2-15
$iy2
3-1
2-15
1-15
12-20
34-vic
1-15
12-20
12-15
11-20
120c
2-15
1-20
i$iy2
1-15
12-19
$1
12-15
11-30
12-21
11-30
12-31
12-17
12-21
11-21*
12-15
12-
12-21
12-15
10c
12-15
11-30
4
—
(quar.)
(initial)
2
12-15
35c
1-15-43
1-13-43
162ic
(quar.)*
(Dallas, Tex.)
com.
2
$2
(quar.)
(quar.)
1-
10c
(year-end)
Public Service,
preferred
$2
$1
Elec., 5% pfd.
Southwestern Life Ins.
12-10
40C
(resumed)
Corp
Co.
2
10c
Sovereign Investors (quar;)
Southern Natural Gas (year-end)
Southern
8
1-
37y2c
—
Southern Colorado Power,
Southern
8
12-
50c
37V2C
*
(quar.)*
B
12-
12-22
37 Vic
Sugar, common (interim.)*
(quar.)—
12-22
:2.i2y2
12-10
12-5
1- 2
1-
12-19
15c
(Quebec) (interim)**
*****
Signal Oil & Gas, class A (quar.)
Class
B
(quar.)
*
*****
Signal Royalties; class A (quar.)*
Simmons Company (year-end)———;
Sigma Mines
non-cumulative preferred (quar.)—_
67o
convertible preferred (quar.)
Q7a
convertible preferred (quar.)
8$ 2nd preferred (quar.)—*
Southern California Edison Co., Ltd.—
$1
4
130c 1-15-43
Sherritt Gordon Mines, Ltd.
Southeastern Greyhound Lines,
t$l
12-12
Sherwin-Williams of Canada—
12-15.
12- 5
12-19
5-1-43 4-20-43
11-1-43 10-20-43
12-15
11-30
1-14
12-24
1-2
12-18
12-10
$ 1 V'4
(quar.)**
B
12-10
12-19
11-30
1-
*_*_„**—
(quar.)*
preferred
class A
Corp.
Shamrock Oil
12-19
———
12-16
12-15
62c
common
25c
5%
.11-30
12- 1
2- 1
11-13
**—
,
2
1-
50C
(year-end)
convertible prior preference (quar.)
$2.50
/•
1-15
12-24
12-24
1
Security Holding Corp., Ltd.—
12-15
11-13
11-13
12-19
11-27
11-27
11-30
11-30
$iy4
$13,'4
9
& Co.—
preferred
$4
1
Co.
Roebuck
Sears,
11-27
11-13
11-13
$1 y4
—
12-15
1- 2
15c
12-10
15c
7ya%
'
25c
**:•_—*__*__——**
(year-end)
$5
5%
12-21
J20c
2
1-
1-15
12-21
12 Vic
(s-a)
elass A
Utah RR.,
debenture C
Tib
,
Randall
15c
$iy4
12-10
t75c
t
11-30
$$iy4
.
12-21
J75C
*•*——*
(s-a)
Service,
debenture
6'/2 To
-
:
preferred (quar.)**
Puget Sound Power & Light Co.—b'fe prior preference —_***———_*_ /
t$lV4
Publication Corp.; common voting (quar.) ** r>
50c
Non-voting (quar.)
50c
7% original preferred (quar.)———*—**
$134
1% 1st preferred (quar.)*
*
$1%
Pullman, Inc. (quar.)—
—
• 25c
Extra
$iy4
Pure Oil Co., common "(year-end)
,__*!**
50c
5'/o convertible preferred (quar.)—
' $iy4
6.% preferred (quar.)*—*
$1V2
Putnam
(George).-Fund' (year-end)—**—_
20c
12-15
-
12-23
I25C
Savage Arms Corp. (year-end)
Savannah Electric & Power—
•
1-2
$3
(initial)
B
1
75c
1st pfd.
6f.'o
2nd preferred
3%
St.
**—,
*_*__*„
Louis Bridge
1-
$1V4
'■}
Croix
St.
12-1
12-1
,
•
*
12- l
12- 8
12-10
-
**.'
preferred (quar.)_****_,
;»_***
Paper, 6'0 preferred (s-a)
**
St. Lawrence Corp. 4"0 cv. pfd. A (accum.)
4''c
convertible preferred A (accum,)__
St. Lawrence Paper' Mills, 6£> pfd. (accum.)
6[b preferred (accum.)****.
*i_
St. Louis Bank Bldg. & Equipment Corp.
St.
.
8
12-
.
5
5
**_'*;
(quar.)
.
12-
'■
9
5
12-12
12-10
8
18%c
—
1
12-
12-
12-21
1- 1
12-
$2
Heat & Power com. (quar.)—
preferred (quar.)
Ottawa Light,
12-15
12-
$2
50c
Service
75c
$iy2
——
30c
12-18
12-12
Public
$1%
1
—;—,
(quar.)
12-10
;_**_!*
iquar.)
75C
Safeway Stores,
"10c
12-12
11-29
2V4c 2-1-43 1-15-43
110c
12-31
12-15
50c
12-15
12- 5
Pittsburgh Brewing Co. $3.59 pfd. (accum.) $1
12-18
12- 4
Pittsburgh Coke & Iron (year-end).50c'
12-23
12-12*
Pittsburgh Forg'ings; Co.
**___*
■
25c
12-24
12-9
Pittsburgh Fort' Wayne & Chicago Ry. (quar.)
'
$13A
1- 5
12-10
[
7,% preferred. (<iuar.)__jr__$1%
1- 5
12-10
Pittsburgh & Lake Erie RR (year end)
;$3V2
12-15
11-20
Pittsburgh Mettalurgical
:___***___
25c
12-15
12- 7
PittsburghT Plate - Glass. * (year-end)_*_******
$ 1 '/4
12-22
12-2
Pittsburgh Screw & Bolt-__
10c
12-21 . 11-27
Placer Development,
Ltdr (interim)**
25c
12-17
11-24
Pleasant Valley Wine Co. '; (year-end) **____
10c
12-15
12- 4
Plymouth Cordage Co/ (quar.:)*
$l1/2
1-20
12-31
r Special
*3
$2
12-26
12- 2
Plymouth Oil Co; .(quar.);***—
•/
20c
12-23
11-20
;; Stock dividend (15/1000th of a share for
"'
r
..."
i each Share held)1
%
12-23
11-20
Pollack'Mfg. :,Co. -.(year-end)
35c
12-21
12-10
Pollack Paper & Box Co.,*7% pfd. (quar.)**
$1%
12-15
12-15
Powdrell & 'Alexander," Inc.***—
15c
12-15
12- 1
Power Corp. of Canada, common (interim)**
115c
2- 1
12-31
6%-1st; preferred ,(quar;)___**__**_*_**_*;
|$1 y2
1-15
12-19
; ;
6% non-cum. partic. preferred (quar.)_*_
175c
1-15
12-19
Pratt & Lambert, Inc.**;./****—***
^_*
40c
12-23
12-9
Preferred Accident Insurance (N. Y.) (quar.)
f
20c
12-17
12-3
Pressed Steel Car, 5(o lst pfd. (quar.)—**
6'/4c
12-29
12-14
" 5%
2nd preferred (quar;)**—*-**—.62V2c
12-29
12-14
Preston East Dome Mines (quar.)
j.
|5c
1-15
12-23
Procter & Gamble 5# pfd.: (quar.)—*
$iy4
12-15
11-25*
Progress. Laundry. <quar.)—_
:*—__*
20c
12-15
12- 5
Prosperity Co.; 5% preferred'(quar.)*-— $iy4
12-15
12- 3
Protective Indemnity, Co.r—*__—
■ •50c
12-15
12- ;1
Public Investing Co, (Phila.) orig. stock (s-a)
V 8y2c
12-15
12- 4
;
Cashable stock (sia)*_r_—_*—***—**__
8y2c
12-15
12- 4
Public National Bank & Trust (quar.)*,*****
37y2c
1- 2
12-21
1
12-5
12-19
1
$1%
(increased)-
6% preferred (quar.)
12-21
12-10
,
....
preferred
12-10
35c
prior
12-
;_*
3 7 lie
12-
12-21
"7%
12-
12-10
12-30
12-23
$iy2
5
12-30
15c
$iy2
$3 preferred
Otis
12-15
12-21,
12-15
$1.55
common—
preferred (quar.)
(quar:)
—
Omar, Inc., 6% preferred (quar.)
Omnibus Corp., 8% preferred (quar.)
Oneida, Ltd.,
com.
(year-end)—
7% participating preferred (quar.)
Ontario Loan & Debenture (quar.)
Orpheum Building
$5.50
12-15
12-15
$iy2
$1
43%c
(quar.)_—
12-16
12-15
12-22
12-15
50c
25c
Seamless Tube, common
Oklahoma
.
$l'/2
common—-—
preferred
5
12-31
12-
12-19
1
15c
$1
12-11
**"'
1-2
1-2
1-2
1- 2
12-22
12-22
12-22
——$l'/2
,
$1.65
(quar.)__—.**_*_*—*******
$7.20 preferred (quar.)—***
——_
'Ohio Finance Co. common (quaf.)———.
5c/o
prior preferred (quar.) __**—*—._*
6{/o' preferred (quar.)
——
*_
Ohio Forge & Machine (year-end)—*Ohio. Match Co. (year-end)
1
Ohio
'
—
(quar.)——
preferred (quar,)*—-,
preferred (quar.)
Oil
1-2
1-2-43
1- 2
12-3C
12-15
12-24
12-24
1- 2
50c
50c
$1V4
$7 preferred
Ohio
11-27
12-
1
1-
8
25c
11-30
1-2
12-21
12-15
1- 2
1-2
1- 2
■
—
$6.60
-
,11-30
,
preferred (quar.)———
*
$1%
Northwestern Telegraph Co. <s-a)
SlV'a;
Norwalk Tire & Rubber Co., 7Yo preferred..* t$1.31V4
Nova Scotia Light & Power, 6% pfd. (quar.)
$$iy2
Nu-Enamel Corporation, common..::
—
7VaC
Oahu Sugar Co., Ltd. (year-end)
35c
$6.50
Ohio
$1 1
*****
12-19
1-
$ 1V4
—
(quar.)
1
12-23
Francisco
12-31
;
Northern Ontario
11-30
1-
$1
'
12-10
.
t
12-15
.
SEC)——.—12-30
preferred (quar.)———__u——.
75c
1- 2
f/o. preferred (quar,)——*——.
717/8c
1-2
class A (year-end)
4
>■' / *
>
*
,
12-23
approval of
North American Rayon
:
12-10
12-15
;
(quar.)
common
Safety Car Heating & Lighting
San
;
5
37V2c
taccum.l
12-
Ryan
12- 4
12- 1
1
5
12-10
12-15
12-10
12-24
12-21
•
;
prior preferred iquar,)__*_!_***_*__*J
$2 non-cumulative 2nd-pfd. (year-end)
12-
2
1-
12-26
Lake &
.
110c
25c
1$1
Western
12- 4
;
,
;;
12-15
50c
Railway com. (quar.)—
North
American Co.
(stock dividend, one
share of- Detroit Edison, capital stock, for
each 50 shares of common held)
(Subject
'
12-10
$1V4
.*.■'-
Nipissing Mines, Ltd. (interim)——
Spring Co.—
—————-*•
Noranda Mines, Ltd,
(quar.) **-.****-^*-^*-.
to
1
1-15
Co. common
No-Sag
-
12-
12-29
$2Vi
/
————
convertible preferred (quar.)—
(year-end)
&
3
12-11
r12-14
t$l'a
$1
Niles-Bement-Pond
Norfolk
5
12,
12-19
75c
$2,/2
———:"
York & Queens Elec. Lt. & Power, com.
York Auction Co. (irregular)-—*——
Newberry (J. J.)
5
12-
2
1-2
1-2
$lJ/4
$iy2
12-15
1-
12-15
Salt
(quar.)*;**
12-15
12-15
12-26
12- 8
*
2
12-30
10c
1-2
pfd.
11-28
11-30
.
12-15
12-21
12-18
12-15
.
1
12-12
12-21
12-12
12-10
12-10
12-15
12-19
1-2
1- 2
1- 1'
(year-end)
1
50c
12-15
Co.
12-
37 Mac
*
Manufacturing Co.—
Aeronautical Co,_—
$1
Circle
12-15
12-15
50c
(quar.)
(quar.)__*
preferred
12-11
12-20
12-21
;_****_*__
Ltd.,
12-22
.t $ 13 4
7r'n
Corp._*--**____
:—___* •
Phillips Pump & Tank, class A
********
Pickle Crow Goltl Mines_-____—__**-.—*_**Pioneer Mills' Co.1;:Ltd. "(resumed)-,
12-14
$1%
25c
(quar.)—
60c
Newmont Mining Corp. (year-end)——62V2C
Newport News Shipbuilding & Dry Dock— :>:/ /v/v
New
,
'• New
i
a
2
12-
ivear-end 1
Co.
1
$ 15/a
(irregular)
Industries,
12-
Russell
11-28
,
Philco
/:
York Central
Common'(s-a)
1-
12-21
,
12-15
12-15
.11-21
11-30
12-15
Philadelphia Electric PowerrSycr pfd. (quar.)-
12-10
2
Russell
11-25
12-15
25c
series A
(quar.)
D.) Corp.
(George
12-
12-15
30c
;*
(quar.)**,.***
Corp.
Brothers
Ruberoid
12-15
___
11-30
1-
Cable
Roos
Co,,
Pendleton
12-22
50c
(quar.)
Co—:*
1st preferred
&
1
50c
preferred
$1.50
12-10
1c
(quar.)***
II.)
12-10
12-21
'
II-30
12-31
$1V2
$134
25c
.
preferred
6Y1V0
New
Ltd.—
9
12-15
$1V2
15c
50c
(S-a)
Method Laundry,
New
•'
Water Co.
Haven
k\k''o
11-18
1-1
preferred, (quarJ
Philadelphia Dairy Products—
20c
——,!*—_
New Idea, Inc, (quar.)—————;**!***•**,
Year-end**—_—!_*_****_**—,***!*-——
New Jersey Power & Light, $6 pfd. (quar.).*
New Jersey Water, 7preferred (quar.)—*
New Jersey Zinc Co. (year-end)——-——.*
New
f,
(H.
12-10
1-1-43
20c
-
$2 partic. A pfd.
Rochester Telephone
12-11
12-28
$6
40c
,
Myers,
12-29
1-15
1-2
12-28
Philadelphia ; Co.* $5
12-9
12-15
&
Robertson
12-24
5c
$6
75c
87Vic
$1)4
*—****_„*
—
i
.12-
Robbins
1-1-43
25c
*
Corp.
12-
15c
(year-end)
Co
Bros.
12-10
12-10
12-21
25c
.
(year-endF**.***_***'*_•„****
Corp,
Paper
Roper
-
] [-15-43
12-20
12-20
$1VZ
*
Riverside Silk Mills,
12-15
50c
Pet Milk Co, com.; (quar.-)25c
:;
4V\r'o preferred
(quar.)/__*J_!_^J*___j__ $1.06y4
Perron Gold-Miries,,Ltd. Iquar.)
t4c
Petrpleum & Trading Corp. class A (accum.)
45c
Pfaudler; Co." (irregular)
$iy2
II-21
12-
12-15
12-19
Riegel
12- 1
12-11
$iy4
$l'/2
$1%
12y2c
(quar.
2-1-43
$1!'2
(resumed)
Rich's, Inc., SVi'b preferred
Rome
;
Co.
Oil
Richman
2-5-43
12-24
12-12
] 1-15-43
25c
*_:*
Oil
12-15
perfect
12-15
$l*/2.
Richfield
Roeser
—***i*_*_*__*******_***„*_
Year-end
12-15
12-19
Richardson
•
12-15
12-23
2-1-43
2C
(year-end)****
Paper
Ranch
12-28
12-15
12-
.
Public Service Co.—
:w. ■>
prior lien preferred (accum.) ___*_*—_
prior lien preferred (accum.)*!—
England Tel. & Tel.—1———
Hampshire Fire Ins. Co. (quar.')—_
Special
2
1-2
New England
$7
i
1-
12-12
1-15
.
*
12-10
5c
;
*___
preferred (.quar.)**;
*
prior preference A -(quar.)
C4
Rice
11-30
11-30
12-31
12-10
12-10
12-20
11-30
12-1
12-15
Co.-—
12-10
2
15c
*
■
■; $2.50 preferred (quar.)
62y2c
Peoples Drug Stores (irregular)
25c
Peoples Gas Light & Coke Co. (year-end)** "
$1
Peoria Water Works, 7r,b preferred (quar.)L
$1%
Perfection Stove* Co.. (quar.'>_-__i*_**_-*****',1
37y2c
Perkins Machine & Gear, common**!**
$1
•
(quar.)
Reynolds Spring Co. (resumed)
Manufacturing Co. (quar.)*********
11-21
Pennsylvania-RR. (year-fend)*u-***—*i___*
Pennsylvania Salt Mfg. Co
:
Pennsylvania Sugar Co., 5c/o- pfd. (quar.)**Pennsylvania Telephone Corp.—
•••'', $1
class A (year-end)—-L—2(year-end)_—-——**.***,- !
New Britain Machine (quar.) ****** _*____!*./
Extra
1
B
"•
Rhinelander
"
12-19
Class B
$6
,
75c
25c
$3%
25c
25c
Neptune Meter,
..
8
50c
25c
(quar.)
.***
(quar.)__**_.
Switch
6'b
;
.
(interim)
2
15c
Rheem
30c
;
75c
: Extra
_Ll*__
$2
Pennroad Corp.
(year-end)--—_—25c
Pennsylvania-DixiO Cement Corp.—
^
'
$7 eonv. pfd. series A (accum.)
$1V4
Pennsylvania Bankshares-& Securities—
'
■
$2.50 preferred ;<accumulated)
$1
Pennsylvania Edison, $2.50 preferred (quar.)
70c
:
$5 preferred
(quar.)$ll/4
Pennsylvania Glass" Sand,-common <quar.j__
25c
12-14
Inc.
;
Mines,-Ltd.
preferred
Reymer & Brothers, Inc.
preferred class A (quar.)
Penney iJ. C.) Co. (quar.-)-
12-24
Neisner Brothers
A
class
Electric
6'r
Extra
11-27
12-14
11-
50c
preferred A (quar.)_*_*_
12-16
t$l
12-15
$$1%
12-15
;lc 1-14-43
$iy2
12-21
25c
12-21
$3
12-31
J6c
12-28
75c
12-14
50c
1- 2-43
35c 2-15-43
11-20
25c
$1 Va
Repubhb Realty Mortgage Corp.
,*
6r'o
I-16
•
.
12-10
Natomas
Company
(quar.) ——************
Nazareth Cement Co. 77c preferred (s-a)_—
Consol.
(i(Z
12-15
$1.20
11-28
'
preferred '-(quar.*)
**
Republic Steel Corp., common
U5c
11-20
12-15
(quar,)***
vtc. (initial)
$1
com. (quar.)
11-30
12-15
(irregular)*
Inc., common
Inc.,
Motors,
:
25c
be made in
of Rec,
20c
(accum.)**
(s-a)
12-19
12-21
12- 1
[
...
Manutaftturing Co.,-Lid.,
$1.40
12-16
Sugar
will
Penn
12-12
(quar.)—_
Refining Co. (resumed)
National Transit Co, (year-end)—,
National
payment
1-16
1
25c
National Steel Car Corp., Ltd.
5s>;
(Phila.)
12-29
12-29
12-21
12-30
30c
*._*_*
preferred (accum.)
Peck,- Stow <fe Wilc'oit Co.-(quar.)
Peerless Casualty./6#. pfd. (s-a)
.Pend Oreille Mines & Metals Co. (interim)Penick & Ford, Ltd.****-——
'
Peninsular Telephone,: common (quar.);
9
12-21
12-15
1-
is
Peabody Coal Co.;
12-36
1-15
Trust Co. (N. Y.) —
■-._*_*****__****»—*—-----—50c
Screw & Mfg.__.
*
"
:
87Vic
Standard Co.
(quar.)—*_****_/_!50c
Steel Corp: (quar.)
—
75c
$1
Col (quar.)
Enterprises Consol.*
Holder •
12-15
Republic Investors Fund—
■
(quar.)
When
Payable
f$3.25
30c
pfd.
;
:
preferred
$4.50
Reo
-
currency.
Paymaster
12-24 ;
1
National Safety Bank &
Annual
1%
12-11*
1-15
'Machinery-***^!***:*j—:!!.y25c
National Rubber
1- 2
12-23
1-15
50c
*
Consolidate^ Gold Dredging (interim)**
12-21
1-2
12-15
S.
U.
5)
4-
.
12-19
12-21
Insurance
'
Extra
12- 1
11-27
12-10
12-15
12-10
1- 4
12-15
Tthord
&
Dividend
12-15
;
25c
.!__*_*,——
Products———
—'*_**_*,•
Oil
National
Remington Rand,
preferred " (quar.) ****__„__;
$iy2
' cdnv. ;pfd. (quar.)75c
1st
6#
12-23
2-
12-15
'
12-15
preferred B (quar.)—.****—.——
$lVi
7 '.b preferred A (quar.) *_
-—$134
National Linen Service Corp. (extra)**-*!—/; 25c,
National Malleable & Steel Castings—
(quar.)_,
Inc.j com. (quar.)
(Increased)
Park
6%
f
Common
12-17
2-
2
1-
}$iy4
Ltd.
Companies,
12-23
«
Reliance
30c
<year-end)
4Yo
1
12-10
12-15
50c
50c
***_*__
(resumed)
Corp-,
Co.
Tubes,
12-12
*_**__****—*-***_**/*_*■-'
(quar.)
Page-IIersey
1
12-11
2-
*
*
Oil
12-28
50c
$3-. conv. preferred (quar.)—7.5c
National Container Corp. (Dei.)
25c
National Cylinder Gas*!
—**•
, 20c
National
Dairy Products—■ 20c
National Enamel & Stamping .(year-end)—— ■ ■
'.$1
National Erie Corp.
(initial)—
—•—*'/
$2y2
National Folding'Box com. (irregular I!**** y;,.; 50c
National Grocers, Ltd., $1.50 pref. (quar.) *
i37'/2c
National Gypsum CO. i year-end j__
——
25c
■National Lead Co., common (quar,)——*„■'.' 12y2c
Class
Wolverine
50c
'
City
Co.
Western
Parkbr
25c
Year-end'—_*****__*_******_„_*__*,***-w / "
I"
Pacific
12-10
$1
(quar.)—— ;
,_****_*_-___***__-—*"
National Breweries. Ltd. (qua
—:
(quar.)
Mills'(quar.
11-15
12-15
30c
$1
__*_*—.****!!*_**:
Co.
Biscuit
National
Co.
12-19
1- 2
10c
Pacific
11-3(5
—
.<
Indemnity
12- 5
Company
6''2(1>
Ltd.,
Grain,
12-15
28c
50c
Extra
.
Name of
Reliance
15c
preferred" (quar.
Paramount1 Pictures, Inc;—
Co.
Pacific
12-12
Per
of Rec.
share
Holderi
Pacific Coast Aggregates'(year-end)
12-15
Ring—!
._*__.T*** —.
'• 35c
(year-end) **-**_***-.*__**_-50c
Mutual Bank & Trust Co.-(St. Louis) (quar/) "'•
50c.
Munsingwear, Inc. (year-end) ___——* - • $ 1 V4
Mutual Chemical Co. of America—
'/ *
6% preferred (quar,)'—-—:———
•
$l'/a
Mutual System, Inc., common
(quar.)——
"3c
87o preferred (quar.)—50c
Myers (P. E.) & Brothers—
• 50c
Nachman-Springfilled Corp.
25c
Nashville & Decatur-RR., >7x/z7<> pfd. (s-a)*_
9334c
National Aviation Corp.
(year-end)*_::**_**•■ ' " • 50c
Muskogee
12-1
Sugar
1-2-43
Piston
Muskegon
Paauhau
50c
$iVi
$l'/2
30c
40c
$2
(s-a)_——
(irregular)-—
Muncie Water Works, 8%-preferred
Mueller
When
Payable
Plantation*^
12-31
$ 1 Va
.
,*.
(year-end)
__
(quar.)
Acceptance,- G'.b
preferred (quar.) __
Motors
Per
thare
Company
$lVa
(quar.)
$5 preferred
F'inance,
Motor
Name oj
0/ Rec.
Payable
1
'
Holder•
When
Per
.
Share
/
Inc
2091
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4133
Volume 156
12-21
12-10
$1V4
1-
_
$l3/s
2-
1
1-20
THE COMMERCIAL
2092
When
Per
12-15
12-
1
$iy2
12-15
12-
5
12 y2 c
12-15
12-
4
75c
12-22
12-
9
$3
$i»/8
12-15
12-
1
United
Ltd.—
Trask Fund——
—,
Sperry Corp. —:
--Spiegel, Inc., $4.50 conv. preferred (quar.)'Springfield Fire & Marine Ins. Co. (quar.),
.Special _>
—
■—
Square D Company com. (quar.)———
5% preferred (quar.)————
—
Squibb (E. R.) & Sons—
$5 preferred series A (quar.)—.
——
Spencer
S.
1-
12-31
U.
8.
1-15
2
2-
$iJA
1
12-15
U.
12-
preferred (quar.)
12-21
12-10
7%
12-21
12-10
$3»/2
1-
12-15
11-28
1
12-
1
U.
Corp.—
75c
12-21
12-10
t$l%
12-28
12-15
11-16
25c
.
„
(quar.)———
prior preference
(quar.)
S.
Loan
U.
8.
Oil
of
Standard
Oil
Co.
(N.
Standard
Oil
Co.
(Ohio), common
J.)
(s-a)
U.
S.
Playing Card
(quar.)
,
S.
Rubber
11-16
11-16
12-
U.
12-15
11-16
1
U.
S.
11-30
U.
$iy4
1-15
12-31
United
States Steel Corp.,
United
States
Sterling
Brewers
Stone
&
Webster,
Class
B
Co.
12-
12-10
12-31
New
common
Sugar Corp.—
Swift
Co.
&
12-21
12-12
12-19
12-
5
12-
3
12-15
12-
1
12-12
12-
1
1-
12-15
1
12-12
12-
12-15
11-25
65c
12-19
12-
9-
37y2c
12-15
12-
4
12-15
12-
4
15c
12-23
11-21
■
.
—^
United Steel & Wire
12-28
5c
6%
Inc.
5
12-12
Match
Co.,
1-
12-
1
1
—
Ltd.
(interim)__—
Company
Texas
Gulf
Chemical
Victor
Works
1-
5
12-
1
12-30
12-15
12-30
Viking
12-15
2-
&
Pacific
Textiles,
Inc.
Oil
Texon
6%
12-14
$3
preferred
Shovel
7%
1-
1
12-15
11-30
Waco
12-12
Wagner Electric
1-
2
,12-15
1-
2
12-15
12-15
2-
12-
7
1
1-
8
12-19
12-
4
12-15
11-30
12-24
12-10
12-16
11-25
50c
1-2
50c
•
Aircraft
Waldorf
'
(year-end)
Brewing
Walker
Walworth
Class B
6%
preferred
12-
1
Ware
12-15
12-
1
Mines
Toronto
General
Traders
Finance,
Trion
6%
Truax-Traer Coal.
Trust
Guarantee
&
Tung-Sol
Lamp
$1.50
208
convertible
South
Twin Disc
La
Clutch
Underwood
Co.
Co.
Union
Carbide
Union
Investment
Union
Metal
&
preferred
(quar.)
Shoals
Union
Pacific
Union
Trust
Union
Wire
RR.
Co.
Aircraft
■:
United
Artists
—
(year-end)
50c
—
(quar.)
;
,
.
Carr
7
Wayne Pump Company_u:——————
12-10
7%
12-15
12-
1
12-15 ;
12-26
12-
1
1-1-43
1-
&
United
Wesson
6%
Elastic
—_
12-15
11-25
class A
11-25
7%
12-21;
12-10
United
Gas & Elec.
11-30
West
12-
5
12-15
12-
1
United
Gas
$5
preferred
Gold
United
United
12-
1
West
12-
4
West
1-
1:
2
2
1212-
7%
11-30
$i%
12-15
12-
1-
5
2
12-19
12-30
12-16
12-21
2
12-24
1212-
1
121212-
EXCHANGE
12-
4
12-
4
$1
12-15
12-10
12-26
$1%
1-
25c
this
12-16
12-16
2
12-26
v
12-16
50c
12-15
11-14
$1%
1-1-43
12-5
25C
12-15
11-30
35c
12-15
12-
50c
12-15
12-
12-19
12-
i
r-'k;
v/V.yU";.
Non¬
'■
■
..
5
source.
dividend.
deductible
tax
/
tax,
2%
the
at
.
British income tax.
Less
a
,
by
Barnes
*.
RATES
12-
1
Gas
-
&
Lofland,
-V'. STOCKS.
of
of
Farmers
of
Proof
&
Philadelphia
Elec,
Utilities
Nat'L
Claim
Co.
"A"
Shares
'■ v-.y ;v-:.
.
on
Bk.
&
$ Per share
i
Co.
Tr,
of
$22,155.47__,_,_
to
(no
,
-
$800 lot
1 lot
par)
Corp.,
common.--.^-..;,.
1 lOt
Co.__„_,^„,„,,__„
35 lot
;
35 lot
North
Land
Co.
Land
Co.
(no
par)
City Trust Co.,
(no
par)
Thrift B
&
L
No.
10 lot
45 lot
common
($50 par)
1691—25th
1 lot
series,—
2 lot
Chicago & North Western Ry., 7% preferred
Gas
&
Elec,
Co.,
4 lot
1
1 lot
''A",,,,,,,
cum.
6 lot
pref,,^
:
12-14
12-19
11-21
4
2-13-43
5
$1%
5-29-43
8-31-43
12-28
12-15
1- 2
12-15
i
;'k
8-15-43
30c
1 lot
3 7/»
5-14-43
$1%
1 lOt
.
Lehigh Coal & Navigation Co, (no par)——
Lehigh Valley Coal Corp. (no par)
United Gas Improvement Co., common.,—kGirard Trust Company ($10 par),,,—w—,
Independence Trust Shares
(v
;
10
2
(no par),,.
common
i lot
Phila. & Reading Coal & Iron, common,,—
10
82
•y '
—
5
-
12-29
1
.
12-31
V4
8 lot
—
12-12
Lease,
Pottawatomie
County.
O'-K;
Gypsy Miller Lease. Pottawatomie County.
Gynsy Bourassa Lease, Pottawatomie Cnuntv
.
4
12-15
Stahl
Gypsy
.
12-15
t$l3/4
4
33 V4
OIL AND GAS LEASES
Edna Tiger Lease, Okmulgee
2
;
3
y
^'da.;
County. Okia,; 5 Brown
Lease, Okmulgee County, Okla.; 6 Bell Lease
'>.v''
County,-.Okla.;
gee
7
^kmulOkmulgee
Lease.
Summers
■
■■■"•-(.■
'
*$1%'-:
12-30
32%c
12-24
12-10
$iy8
1-15
12-14
15c
i• $500
12-18
25C
County, Okla.
.
1
$1,000
1- 2
12-15
$500
2
12-15
$80
1-
$iy2
12-
lot
'
CERTIFIED
BONDS
■'
■
•.
Altoona'& Logan Valley Ry., 4V2s
Assoc.
Gas & Elec,, Inc.,
deb.
1983
3 lot
^
cons
Merion Cricket Club, deb. 4s, 1958 reg
26 lot
"A"_„
RESERVE BANK TO TREASURY UNDER TARIFF
FEDERAL
BY
4
TO
DEC.
.
llot
„
now
P*
cer-
Hps of the
TO
TT "
10, 1942, INCLUSIVE
$iy2
12-15
12-
1
Buying Rate for Cable Transfers in New Y."
Value in United States Money
Noon
1-
2
12-15
$10
12-15
12-
1
25c
12-22
12-
7
12-15
12-
1
12-
5
Dec. 4
30c
12-15
12-15
1-
1
11-27
12-
5
12-
Official
12-30
12-10
12-24
12-
$1
10c "
1-
2
3
12-21
12-
12-23
11-30
5
$
$
■
„
Free—
_
3.228000
3.228000
3.228000
3
3.215033
3.215033
2.215033
3.215033
3'
.060600*
.060600*
.060600*
.051525*
.051525*
.909090
.909090
3.228000
~
2.215033
.051525*
.909090
.909090
.881339
.881171
.881328
.881875
.571400*
.571400*
.571400*
.571400*
'
Official
4.035000
4.035000
.301215
.301215
.205725
.205725
*
,r
*
.060600*
.051525*
.909090
portOOO
.879218
■ft— *»*•.
4.035000
4 0
4.035000
4.035000
.301215
.301*^
.205725
.205725
,20cr7n.e
.571400*
4.02^""
.301215
Newfoundland, dollar—
.909090
■
4.035000
4.035000
4.035000
(British), rupee,—
Mexico, peso
$
.237044*
dolfar—
India
Dec. 10
.237044*
.051525*
Colombia, peso
England, pound sterling—
•
.237044*
'.060600*
Official
•
.237044*
Brazil, cruzeiro—
Official
•
.297733*
3.228000
Official
r*
-
$
$
.297733*
Australia, pound-
Canada,
—
Dec. 8
.297733*
'
.237044*
—
"
.297733*
Free
12-19
Dec. 7
Dec. 5
;
.297733*
;
-
Free
4
$30c
t75c
$
Argentina, peso—
.909090
.909090
-
4.035000
s
.909090
4.035000
;
.301215
.205725
12-23
11-30
t5c
12-30
12-15
.909090
50c
12-28
12-
8
Official
.909090
Free
$iy4
.878750
.878750
.878958
.879166
.878541.
.876875
3.227833
3.227833
3.227833
3.227833
3.227833
3.227833
3.980000
3.980000
3.980000
3.980000
3.980000
3.980000
New Zealand, pound
Union of South Africa,
pound-
Uruguay, peso—
.658300*
50c
1-2-43
12-15
Controlled—
53c
1-2-43
12-15
Nonront.rolled—
58%c
1-2-43
12-15
•Nominal
rate.
——.
•
.
..
14'; Penn Heat Control Co., preferred (no par),,,,,
:.
Country and Monetary Unit
1
12-15
12-15
_—
12-21
1- 2
12-18
:.
2
1
12-15
1
(s-a)
2
15c
40c
dividends.
funds,
Associated Gas & Elec.,
1-
DEC.
1
common
1-
$1%
5
11-26
2
4
12-15
12-
(year-end)—
FOREIGN
1
12-
(quar.)
11-27
1-
Foreign Exchange Rates
1*
12-15
75c
12-
12-14
2.7" Penn Heat Control Co.,
9
12-14
12-15
1-
accumulated
Associated
1-
25c
;
12-15
$8
tlOC
12-18
12-15
_
,$iy8
of Section 522 of the Tariff Act of ,1930).the^Federal Reserve
tifying daily to the Secretary of the Treasury the buying rate for cable transfers in the differs
world.
We give below a record for the week just passed:
12-11
1-
30C
(monthly)
12-5
Pursuant to the requirements
12-11
12-21
5oc
12-18
Light & Railways Co. (Del.)—
preferred (monthly)
prior preferred (monthly)
prior preferred
5
12-15
i
Architects Building Corp.,
r.
12-21
—
5
12-15
75c
(year-end)
(Ala.) —
pfd.
partic.
5
12-15
$1%
prior
6.36%
5
12-
Haverford Land & Improvement
f'5■.
12-15
12-15
Ltd.—
Co.—
12-
12-15
12-12
30c
(Canada)
West
12-23
(quar.),.
(quar.)
Equities
Illuminating
United
6%
Improvement,
Snowdrift-
_
4V2
12-15
75c
Corp. com.
&
non-cum.
West
12-19
12-15
25c
(quar.)
preference
Oil
(irregular)
Kootenay Power & Light—
preferred (quar.),,,
!
Penn Electric, $7 cum. A (quar.)
Penn Power Co., common (irregular)
% preferred (quar.)
Virginia Coal & Coke,,——
Virginia Pulp & Paper
Virginia Water Service, $6 pfd. (quar.)
West
12-15
(quar.)
com.
Carbon
Corp.
8%
12-10
$1
...
(quar.)
Fuel Investments,
12-15
15C
65
$1%' 2-27-43
—_
12-15
$2
United Corporations, Ltd., class B
United
,
50c
—.
12-16
15c
<«,'
Carbide
50c
$iy8
for
76
25c
common
preferred (quar.),,—
preferred (quar.)__,„—
7% preferred (quar.)
k—
Wellington Fund, Inc. (year-end)———
2
$iy2
pfd.
Grape Juice,
7%
3
20c
(extra)——
(quar.)——
Extra
United
Welch
12-
12-21
—
Fastener
5
3
12-15
of
Canadian
Crown Point
Crown Point
32
5
12-
12-
75c
United Carbon Co.—
United
12-
12-15
12-
12-28
12-15
(year-end)
Co.
Co._i.
D.)
in
Seaboard
100
12-14
5
12y2e
,•
(quar.)—
5%
12-15
-
12-24
Swasey
8
■>y. $i
;
(quar.)
closed
Ctf.
1
11-10
30c
'
not
Reading
10
12-18
12-15
$1%
Mfg., common
12-31
50C
V
:
—
12-
$1
—
—
—
Theatres,
12-16
(year-end)
books
Assoc.
377y2
4
12-15
37%c
(quar.)
(year-end)
Inc.,
12-
11-25
10c
————
Products,
12-28
;■
v'
20
12-16
t$i
United Aircraft Corp., common
United
12-16
25c
50
11-20
12-22
$1%
(year-end)-——,
(quar.)
Co.
,
12-15
12-15
20c
(quar.)
(Pittsburgh)
12-15
;
30C
12-24
$1%
common
Rope Corp.
}25c
50c
t$iy2
—
(year-end)
(quar.)
12-28
(quar.),,,,,,,,,^-,,,..,,.
50
11-20
12-15
m
-
25c
$1
$6
11-14
(S.
$1
(quar,)—
Co.
11-30
12-
50c
(year-end)
y-;L V: '[:■
1
&
60c
,1,
(quar.)
11-30
12-15
12-18
~
preferred
Receivers
11-20
12- ■15
:
Washington Water Power $6 pfd. (quar.)— y'y; $iy2
$iy4
Wayne Knitting Mills, common (year-end) —
$iy2
6% preferred (s-a)—
'
tlOc
___
Carbon
Mfg.,
12- •19
Shares
12-12
Warner
10c
(quar.)
Corp.
Elliott Fisher Co.
Unexcelled. Mfg.
12 ■22
Warren
75c
(Toronto)
Street
12-15
$7
.
$1%
Coach
Transacted
4-10
1
50c
(year-end)—
preferred
Salle
12-
11-21
3c
Twentieth Century Fox Film, com.
11-30
(quar.)
Wednesday, Dec. 9:
12-10
12' •19
11-21
35c
;
—
A
12-15
(quar.)__„.
common
tax,-15% president
4
—————————————
West Boylson Mfg.
preferred (quar.)—
Co.
Works
.(
=4- •20
12' •19
12-
15c
(s-a)
5y2%
1-9
12-12
(
—
preferred
Troy & Greenbush Assn.
3-10
12-12
$iy8
'
Company, common (quar.)——_—
preferred (quar.)—
—,
7%
12-15
1- ■20
12-15
$iy4
(quar.)__——
Corp.
$1%
7-17-43
20
3-
i
12-
25c
(interim)
Trusts
11-30
11-30
4-17-43
40c
:
(s-a)
Mills
7% preferred
n
—
(s.-a.).;.,—---
Gold
Tombill
1- 43
12- 21
$iya
(irregular)
Company, common
Wamsutta
$i%
"(year-end)
(s.-a.)
1
25c
(quar.)
12-31
12-15
12-15
11-30
50c
(quar.),——
1-15-43
;
(accum.)".
preferred
(quar.)
7%
&
account
resident
•
(year-end)———
Toklan Royalty class A
$iy8
$iy8
1-16-43
30C
(quar.) —k——__—,——
$1 preferred
4*
30c
Oil—
Corp.
Co.
Products
^Payable
Gooderham & Worts, Ltd.—
(Hiram)
Common
12-
10c
Co.——
Shipyards
12-
12- 21
2-1- ■43
$1%
■
—J
5
1-15
8.16%
1
Truck
tOn
5
,12- 12
$1%
(quar.)
Corp.
2-1
12-
,>■
; ""Transfer
1
12-
n
$iy2
$iy2 V
—
:
1-15
1
12-19
$iy2
(quar.)
(R.),
B
2-
25C
'
:10c,
preferred (quar.)
Tilo Roofing Co., common (reduced)
$1.40 convertible preferred (quar.)
Timken Detroit Axle Co, (year-end)
Todd
Lothrop
preferred
Zonite
1
12-
12- 15
$1
convertible
Tivoli
5
12-
12- 15
•'
30c' "12- 15
$2%
—
12-15
$iy2
Quarterly
12-21
•
37«/2C 8-2- 43
common
1-2-43
12-5
1
1-
37y2c 5-
Co—
System
; 12-15
25c
$4.50
12-
12- 15
10C
Thompson Products, Inc., common—
Tide Water Associated
12-1
12- 15
4
t25c
Mfg., common—
Youngstown Sheet & Tube, common—,.
5 y2%
preferred A„_._——
Youngstown Steel Door (resumed)
Zeigler Coal & Coke (irregular)
:
Zion's Co-operative Mercantile Institution-
12-10
,
.
37'/2C
.
Walgreen Company, common (quar.)
4%%
preferred (quar.),,_——
75c
preferred
7%
Yellow
5
$10
(quar.)—
$5 convertible
12- ■21
2
12-
$1%
7%
Towne Mfg.
ClaSS
1
12-
12- •21
50c
,-—
preferred (quar.)
7% preferred (quar.)
12-15
25c
——
(quar.)
common
12-
12-10
25c
60c
;
v.'
v12-28
25c
—
Co.,
preferred
12-15
12-21
$1%
'
Thew
1
12-21
75c
■/
common
7%
10c
(year-end)
com.
..
"
4-
:12-16
$l3/v
.Yellow & Checker Cab Co. (consol.P6% class A (accumulated)
12-16
;
preferred (quar.)—
preferred (quar.)—,
6%
12-26 !
$10c
(accum.)
(extra)—*-
Co.
2
1-
1-1-43
12- 26
—
Common
$1.10
(interim)
end)—
Land
&
Thermoid
12-
.1-2
&
12-12
1-15
$iy2
Year-end
1
30c
common,——„
Vulcan Detinning Co.,
12-14
75c
(year end)
(year
12-
12-10
$1%
Salt
Wurlitzer
12-12
12-17
1-1-43
Cprp.,,,,,,,,.,,,,^,
prior preferred
Yale
12-10
.
&
1-1-43
50c
$1%
4'/2% convertible prior preferred (quar.).
Wright Aeronautical Corp. (year-end^^„„
Wright-Hargreaves Mines, Ltd. (quar.),_r,
11-30
.
12- 15
—
12-26
t20c
(resumed)
Ry.
shares
(quar.)
(year-end)——_—'
Iron Co. (year-end)———'
Corp.,
12-17
$62y2c
,
Pacific Land Trust
Subsidiary
4y2 %
12-12
12-15
12- 30
(quar.),
preferred
4C
(quar.)—
Texas
$1%
Power—
Steel,
preferred
-
:
Texas
Co.,
Pump
1
—
12-12
-
Extra
1
50c
(year-end_j
Equipment $1 preferred
35c
(quar.)
Sulphur
(Alan)
12-10
12-23
$1%
'
Virginia Coal &
Virginia Elec. & Power, $6 pfd. (quar.)——
Virginian Railway, 6%
preferred
(quar,)
9
1-15
1-15
—_
12-4
12-26
(quar.)
common
Worthington Pump & Machinery Corp.—
12-19
:<v'.45c
—
12-
12-19
68%C
(quar.)——-,,
4
12-23
$1
(year-end)
Bankshares
Worcester
12-10
;
12-19
•
___——
10c
1st pfd.
$iy4
..
,
$6.50
preferred (quar.)—,
Veeder-Root, - Inc.—
*.————,
y
12-
l-' 1
-
12-21
1-2-43
25c
(year-end)
I
12-
preferred
7%
12-12
12-
(quar.)
Co.-
Electric
Woodward
12-29
12-24
,
Vinco
25c
convertible preferred—
$6
'
.12-12
•
$1 preferred (accumulated)————
Victor-Monaghan Co., 7% preferred (quar.).
25c
Temple Coal,
Texas
$1
—
Victor
45c
———_
Tennessee Corporation
1-1-43
25c
*<i?
(resumed),————
12-12
t3c
—
Tamblynn (G.) Ltd., common
5%
preferred (quar.)——
Tappan Stove Co. (year-end)
Teck-Hughes Gold Mines, Ltd.
Products
12-7
Co.,,
common
11-28
3iy4c
_
—
Telephone Bond & Sh. 7%
7-2-43
12-15
75C
11-28
12-28
$iy4
Tamarack & Custer Cons. Mining
Tecumseh
7-15-43
7%
$2.40
partic. pref". (quar.)
(year-end)
5!'2%
$D/4
(quar.),,
preferred
10c
Talon,
4-2-43
20c
12-15
30c
———
(quar.)
com.
4-15-43
:
12-15
1%C
$iy4
Inc.,
$iy4
6%
1
12-23
pfd. (1897 series)
Wood
Upper Michigan Power & Light—
30C
Mines
(James),
1-2-43
')'■
2
1-
12-15
(quar.),,,.
'
5% preferred (quar.)
Talcott
1-15-43
u!:$13/4
preferred (quar.)_
''»;
30c
Upson-Walton Co. (year-end),
$2
Upressit Metal Cap, 8% pfd. (accum.)—
;
,10c
Utah Oil Refining (quar.)—
Utah Power & Light $6 pfd. (accum.)—_— ivVj $l'/2
$i%
$7 preferred
(accum.)—~-l——
Utica Knitting Co., 5% prior pfd. (quar.)
i 62 Vbc
Utilities Equities Corp., $5.50 pfd. (accum.)
$iy2:
55C
Van Norman Machine Tool (year-end)—
Van de Kamp's Holland Dutch Bakers;
Common
20c
(year-end)
25c
>.
—
$iy4
——
Upson
25c
—
(quar.)
5-25-43
Universal
7
12-28
$iy4
(year-end)
(quar,)———
A
2-25-43
6-10-43
12-20
$1
Ltd. (quar.)
Tacony-Palmyra Bridge com. (quar.),
class
3-10-43
12-
37y2c
Sylvania Electric Products, com. (year-end)
'■'<4%% convertible preferred (quar.)
-
40c
40c
12-20
75c
-—
Gold
11-20
1
30c
Sycamore-Hammond Realty—
6%% preferred (quar.)
—!
Sylvanite
12-19
1
2
12-
12-11
37y2c
(quar.),,,
Wisconsin Gas & Elec.,. 4ya% pfd.
(quar.),
Wisconsin Michigan Power, 4%%
pfd. (quar,
Wisconsin Power & Light.7% pfd.
(accum.
7% preferred
;
6%
preferred
(accumulated),,
11-30
12-
6%
.
;.1
90c
—
(quar.)
11-30
12-15
12-15
.<> $1
common——
5c
Old
Sutherland Paper
12-15
50c
1
12-15
25c
(year-end)
par)
Motor
Wisconsin
12-4
40c
—
Ventures,
($1
common
12-18
1-
75c
Superior Oil Corp.—
••••).■
1
1-
115c
$75c
:
(quar.)
5
12-
43%c
(year-end)—
—
12-17
7
(Del.)
6.4%
12-16
12-21
12-19
12-
12-15
12-
2
25c
preferred
'
&
Mining
12-30
$iy4
(quar.),,,,,—
Sunshine
1-29
10c
(s-a)
Inc.
2-15
15c
Coal (year-end)———_
Strawbridge & Clothier $5 pfd. (accum,),,,
Strouss-Hirshberg Co.
(quar.)
Sun Oil Co.
(quar.)——————
Sundstrand Machine Tool—————.
Sunset-McKee Sales Book, class A (quar.).
Coke
Stonega
,
Corp.
11-30
75c
(year-end)
<
12-16
$4
participating conv. pfd. A (quar.)
participating conv. pfd. A (quar.)—,
$5 preferred
(quar.),—.
$5 preferred (quar.)—
$5 preferred
(quar.),,————
5
12-16
8. Truck Lines
6.4%
5
12-
3iy4c
(year-end)—
Aluminum Products
Stewart-Warner
12-
12-15
25c
pfd. (quar.)
Stedman Brothers, Ltd., common (quar.)-—
6% convertible preferred (quar.)
Sterchi Bros. Stores, 1st pfd. .(quar.)—,,.
Sterling
12-15
12-24
$iy2, .*
non-cum.
7%
1-1-43
50c
;
1st preferred (irregular)—J
Tobacco Co. com. (year-end)——
non-cumulative preferred (quar.)_
*
8%
11-30
—
11-30*
12-15
t20c
(Wm,)j 7% preferred (quar.),,,.
Wichita .Water, 7% preferred (quar.)
Wilcpx & Gibbs Sewing Machine,
Wilsil, L,td. t (quarterly),,,,
Wilson & Co., $6 preferred
(accumulated),.
11-30*
12-15
1-
■
Wisconsin
11-16
—.'
12-19
12-19
8
12-15
u>/2
(quar.;
Whitman
50c
,,,
12-15
—
7%
v.
Co.—
12-15
5%
Common
Whitaker Paper Co.,
12-22
1" 2
preferred
(quar.),,,,
:$5 convertible prior preferred
;■
506
12-15
12-15
(year-end)————
preferred (quar.)
Starrett (L. S.) Co. (year-end)
Stayton Oil Co. (quar.)
Stearns
Mfg. Co.——
Stecher-Traung Lithograph, 5 %
11-10
2
$2
(George), Ltd.
Weyenoerg Shoe Mfg.
Wheeling Steel Corp.—
12-10
1-
25c
6%
Weston
12-15
2
1-4-43
„
12-15
40c
common
Extra '
White
12-15
40c
Stanley Works,
12-15
35c V:..
(quar.)—__————
U. S. Potash, common (irregular)
6% preferred (quar.)—
75c
(quar.)———
Water,
$8 ,1-4-43
Co.
50c
Inc.
Coal
Westmoreland
.
37VuC
preferred (quar.)_
——
Standard Wholesale Phosphate & Acid Works
Westmoreland
25c
Pipe & Foundry Co.
—
5%
12-8
(quar.)
12-31
——
—-
(quar.)
Extra
12-22
25c
1-1-43
50c
.
50c
Inc.
1
12-10
—
25c
(quar.).-——
Kentucky
12-
Westmoreland,
3-10-43
„
25c
Standard
12-22
(Phila.)—-'
Society
preferred
11-20
50c
9
1-
12-21
11-14
9
4-1-43
1-2-43
12-15
12-
$1%
_.—»
$iy4
12-15
12-
1-4-43
of Rec.
50c
12-
25C
noiaert
Westinghouse Elec. & Mfg., com. (year-end).
-7% participating preferred (year-end)
1
25C
—
Payable
Corp.—,
(quar.)
12-24
,
$1%
(resumed)——
—_—
preferred
wnen
thare
Company
Stationery
12-15
50c
—_————————
&
25C
9
12-24
Tablet
Western Union Telegraph
Co,_„,„,
Westinghouse Air Brake Co.,
1
12-
12-24
45c
participating preferred (accumulated)
National Corp. 7% pfd
Standard Oil Co. (California)
(year-end)
Standard Oil Co. (Indiana)
(quar.)——
$3
12-
12-16
25c
prior preference (clears all arrears)
U. S. Lines Co., 7% prior preference (s-a)
$8
Standard
12-15
40C
40c
7%
$iy8
■
—
$1%
,-
12-
I
(resumed)
5%
12-21
12-15
(year-end)———
class A
Leather Co.,
S.
Class A
4
50c
$5
1-10-43
11-10
.
$1%
(year-end)-—-——
Gypsum Co. com.
$iy4
Staley
$2%
—
(quar.),—
Co.
Name of
;
50c
Graphite
7%
$iy4
Co.
Guarantee
Per
o) Rec.
12-12
'12-15*
12-21
50c
(A. E.) Mfg. Co. common (year-end),
preferred (quar.)—.————————
7% preferred (s-a)————————
Standard Brands $4.50 preferred (quar.)
S.
U.
12-15*
2
7 y2 %
—
preferred (accumulated)—
preferred
(accumulated)-—
U.
2
1-
25c
50c
—
(quar.)
Distributors
Holdert
Payable
Western
$2.75
Shirt
Monday, December 14, 1942
.
United Public Utilities Corp.—•
12-10
1-
$1.12
,
.
share
(interim)
Ordinary registered
United N. J. RR. & Canal
(quar.),—
When
Per
Name of Company
Ree,
$iy4
—-—
Sparks-Withington Co.—
6% convertible preferred
Standard Fruit & SS.
o1
United Molasses Co.,
Sovereign Life Assurance—
25% paid ctfs. (annual)
;
Holders
Payable
thare
Name of Company
;
& FINANCIAL CHRONICLE
.658300*
.658300*
.658300*
.658300*
.658300*
.527340*
.527200*
.527340*
.527340*
.527340*
.527340*
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4133
Volume 156
General
RAILROAD
Corporation and Investment News
PUBLIC UTILITY
-
2093
INDUSTRIAL
-
INSURANCE
-
MISCELLANEOUS
-
ummmmmmmmmmnrmmmmmmnrrr*
i—»
Abitibi
Power
G.
will
made.—V.
it
of
earnings
statements
be
that
states
October
156,
possible
not
is
the
have
this
at
time
the
compute
to
and its subsidiaries, and monthly
suspended until accurate computation can
company
to
be
_
...
1942.
each
A
from
distribution
1941.—V.
29,
May
156,
of
25
1412.
p.
t
V .*
;■
'
the provisions
accordance with
in
Terminal
owned, subsidiary,
wholly
Total ordinary income.
Total
ordinary
Extraordinary
Total
expenses
Associates, Inc.—Resumes Dividend—
stock,
———_
Net
.
of like
year;
amount
made
were
since.—V.
none
Net
155, «p. 691.
Alabama Gas Co.—Earnings—
12
Months
Ended
gains....
(no
1941
1942
_
$3,270,249
2,537,497
$338,245
carried
4,837
income
and gains, Jan.
71,000
1
Net
!
income
"In
-
....
income
estimating
1942,
year
Federal
and
$358,666
172,505
175,188
taxes
' $183,478
State
for
3%
and
tax have
income
been
Balance
expenses
Net
345,961
income.
opeiating
$41,971
_
:
.
$42,746
4,889
.....
income
-
before
convertible stock in exchange
for. interest
bonds due 1950;
issued Jan. 1,,4942, to Sept. 30, 1942
($34 per share)—.:
—
Amount, equal to $6 per share, (respecting 2,218 shares
issued Jan. 1, 1942, to Sept. 30, 1942, in exchange for
23,917
$19,610
interest_T_——
Deductions
On
2,218
$23,692
:
—V.
income
156,
—.....i———
75,412
dividend
of
Co.—Earnings-
Period End Oct. 31—
Gross
revenue
paid
13,308
in
$2,305,276 $28,173,507 $25,637,860
1,023,282
9,972,479
9.799,511
depreciation—
250,000
238,265
2,977,505
2,859,370
for general taxes.
236,627
expenses
for
Prov,
Prov.
;
p.
156,
___
Prov. for Fed. inc.
taxes)
Prov. for exc.
263*714
*
2,850,203
(910,429
taxes}
prof,
104,070
29,471
\
2,719,671
1,531,649
61,391
'
income
Gross
Int.
Net
income
Dividends
4,763,070
$409,730
$279,145
$3,337,572
195,178
2,281,320
special
a
28
Dec.
to
with
2,342,138
last.
$1,039,319
$1,056,252
$83,967
$220,648
Note—Interest and other deductions include $3,679,785 provided since
Jan. 1,
1942, as amortization of debt discount and expense,
amounts
income
State
the
equivalent
and
Federal
excess
dividend
from taxable Income of discount and expense and
applicable to bonds which were refunded in January,
premiums
1942.—V.
156,
;V.v
1736.
p.
=
■■ -
■ .
Algoma Central Terminals, Ltd.—Interest Payment.
instalment
originally
be
paid
interest
of
due Dec.
follows:
will
of
bonds
this
12 Months Ended
Dec.
on
'
will be
:
■
1942,
29,
in
to
England,
31, both
to Dec.
days'
Bank"
the
at
bonds,
of
Montreal
In
5
No.
coupon
will
-London,
be
England,
paid
sterling,
in
or
Dec.
income
Net
$1,747,439
$777,506
59,740
239,432
$2,174,949
90,725
$1,807,179
31,536
$1,016,938
23,750
796,155
549,875
214,095
———
taxes———,:—.
:
profit* •—s-_r—*-—L——
option
at
said
the
bank
Montreal, Canada, in Canadian*
to the pound.
The company*
in
-r. Surplus
955,445
June
will not
Earnings per
$270,323
The
t'r
45% of the
interest on said coupon after Dec. 31, 1942.
interest payable with the coupon will be
pay
accrued
amount.
—V.
156,
1947.
p.
$2.03
$1.93
$1.23
share—
;
:
■
.
All
on
for
pound
British
holders resident in
to
income
tax.
Canada registered on
for Canadian
deduction
7%
*<,.
•
>-■; j v
will be subject to deduction of 10 shillings
.
payments In London
the
income
.
.
,
•..
**
,
.
and
consideration
trust
5%
bonds,
directors
proposals
in
due
discuss
to
met
of
1944,
extension" of
for
The
30
began
the
2-"when
the
Dec.
The
collateral:
board of
plans
R.
Robert
71.71
and Allan
Young
debt
reduction,
of bonds of
purchase
of
of $11,639,000 .in- the Alleghany Corp. debt-since
P. Kirby took over management in 1938.
up
to Nov. 30,
1942,
has been achieved by
reduction
aggregate
This
meeting,
the
for
Directors
all
bonds
said
that
the
three
retired.
while
Alleghany
'
it still
extension terms for the 1944 bonds,
a
well-formulated
bonds early in
'
On
Nov.
30
$25,025,000.
that
this
plan
should
1943.
the outstanding
be
issues
at
(i*;.
is
*
*
too
there
placed
amount
of
early
was
to
an
"'
average
price
•
.
>
-.
disclose details of
general agreement that
before
the
of
the
1944
of
both by the management and the
whole, the record of debt retirement by years
since 1938 follows: 1938, $1,341,000; 1939, $1,342,000; 1940, $2,439,000;
1941, $3,074,000; 1942, to Nov. 30, $3,443,000.
Management points
out
that the impetus given to retirements this year
reflects to a
marked degree the effect of the 1941 plan by
which income from
collateral behind each, issue was: made available for! service on any
of the issues and excess income became available for bond repurchases.
J■ With
the retirement already made, the. amounts of the several
issues outstanding are: 1944, maturity, $25,025,000; 1949, $21,661,000;
1950, $19,410,000.
The total at Nov. 30, 1942, wa£ $66,096,000.
Alleghany
as
The
dismiss
Government's
the
in
lost
the
the
U.
appeal
of
Supreme
S.
the
Court
anti-trust
suit
•'
•.
lower
court
and
should
the
appeal be
156, p. 1012.
3
declared
a
year-end
25
Dividend
of 50 cents
payable Dec. 23 to
dividend
value,
cents
each were made
Dec.
on
declared
4
Dec.
stock,
was
a
dividend of 25
cents per
share
payable
paid
on
extra of 20 cents.—V.
$1, plus an
15,
company's motion was'based on the Court's advice of Nov. 23
was not a quorum of justices qualified
to sit in the case.
informed the company on
that date that Chief Justice
Court
Stone
and Justices ReCd,
Murphy and Jackson
were
unable to partici¬
pate in the consideration of the case on the merits. In a brief in support of the motion, the company said "the alterna¬
tive would appear to be the indefinite retention of the case upon the
docket of this Court.
There being two justices short of a quorum
to be filled, it can only be assumed that the
case would be held in suspension for an indefinite period."'.
The company asserted
that indefnite postponement of a decision,
and
only
one
vacancy
.
would
be
"catastrophic."—V.
Amerada Corp.
Period End.
"Net
After
Federal
1942—3 Mos.—1941
Note—The company
The
30
On
V.
$717,625
$0.97
income
156, p. 862.
$0.91
taxes,
on
Dec.
2
declared
156,
p.
1571.
Dec.
2
to
decided
Co.
dividend
no
action
with respect to
Distributions
93% cents per share on the
connection with the passing
In
of the dividends,'the
Dec. 2 issued the following
statement: r
*
will substantially
requirement and
there is no present indication of a reduction in such rate of earnings,
the directors at their meeting today decided that no dividends should
company on
Although net income of this company for the year
exceed one-half the full annual preferred
dividend
be
at this
paid
Order
An
the SEC
of
time.
been entered against the company by
<bU2) of the Public Utility Holding Com¬
Dissolution has
Section
under
11
The validity of this Order has been challenged and tl)?
company has petitioned for a review by the Courts, which litigation
will be pending for some months.
'
The company
has recently applied to the SEC for authority / to
Act.
pany
found'
cash
the purchase of its debenture
it is believed that it will be
amounts of debt as and wheh
available for such purpose.
Full retirement of debt
be required unless the Dissolution Order should be
at this time $10,000,000 for
employing treasury cash, and
to retire further-
bonds
advantageous
becomes
doubtless
declared
invalid.
.
American
A
of
in
cents
cents
on
.1
share has been declared on the common
Dec. 28 to holders of
paid on June 30, last;
Julv 10. 1941.-—V. 155, p.
payable
'l0
seemed desirable not to employ
dividends.—V. 156, p. 1857.
Republics Corp.—25-Cent Dividend—
of 25 cents per
dividend
stock
with
.
_
light of all the circumstances it
this time for the payment of
In
(Del.)—Div.-—
the regular quarterly
take
the $6 preferred stock
cash at
28 to stockholders of record Dec. 17.
paid (see V. 156, p. 862).—
30, last, an extra of 50 cents was
on,
the $6 and $5 preferred stocks at this time.
pe^r share on the $6 preferred stock and
$5 preferred stock.
will
Agricultural Chemical
directors
$2.30
taxes.—V. 155, p. 45.
cents "per share, payable Dec,
Dec.
$2.50
etc.-
on
and of 62 '/a cents each on
the $5 preferred stock were made on Apr. 1, July 1 and Oct. 1, last,
while in each of the four preceding quarters, the company paid $1.12 Vi
expend
1942—9 Mos.—1941
$1,971,169
$1,817,911
states that no provision was considered necessary
for Federal excess profits
American
1947.
$762,817
—
Earnings per share
*
p.
(& Subs.)—Earnings—
Sept. 30—
income
156,
directors
75 cents each on
\
there
The
a
$25, payable
25 cents each
1,
and
capital
Dec,
The
of
asked
affiliates
the1 company.V-"u;.
Government
that
By the date of the maturity, Feb: 1, 1944, it is expected
will be reduced to approximately • $21,400,000 by the
trustee for the issue.
For
"
total
purchase and retirement of bonds,
2
amount
dividends
dismissed, the suit would come to an end.
was
holders
Alleghany 5s
to
its
and
company
against
for handling the maturity. "
directors pointed out that prospects for
successful meeting ot the problem have been greatly* enhanced byan
Following
par
American Power & Light Co.—No Dividend Action—
Government
Aluminum Co. of America—Requests that
Nov.
Alleghany Corp.—Planning for 1944 Maturity—
Active
stock,
Distributions of
Dec. 15 to holders of record Dec.: 3,
Sept. 15, last, as compared with 50
cents each on March 16 and June 15,. 1942.
Payments during 1941
were
as
follows: March 15, June 14 and Sept.
16, 75 cents each;
;
.
Drop Anti-Trust Suit Appeal—
.
1697.
154, p.
11.
Dec.
.
Payments to debenture stock
either register will be subject
tax.—V.
common
June 30 and Sept. 30, last.—V.
Dec.
on
June
2,
directors
like
,
face
record
March 31,
Sept.
2,
the
on
A
$139,868
1,268,180
common
Year-End Dividend—
share and a dividend of 25 cents per
the
American Meter Co.—25-Cent Dividend—
639,225
""$19,889
■
—f————'
-
of
per
on
Sept. 1 and Dec. 1, last, and on March 3,
1, 1941, while on Dec. 23, 1941 a year-end
dividend, of 50 cents was paid.—V. 156, p. 1736.
March
on
'
dollars at the rate of exchange of $4.8665
holders
on
directors
The
$779,093
$1,225,768
$1,288,069
dividends
Common
on
per share on
the common stock, no par
holders of record Dec. 24.
Distributions of
.
holders'
to
21
made
The
1942;
at the'
per
payable
paid
American Metal Co., Ltd.—50-Cent Common
$2,101,621
—.—
charges
Dec. 31,
on
follows: Jan. 2, April 1 and July 1,
cents,—V. 156, p. 862.
American Hard Rubber Co.—$1
6,390,133
'*,
V
cents
25
par,
were
A year-end dividend of $1
have been declared
$7,167,639
7,648,776
„—
Total income
Federal
'
of
ease
*•
$9,396,215
-
-
the
1941
1942
8,977,290
income
Income
registered from Dec. 10
no
share
1940
$11,078,911
depletion.——r._
debenture
and in Canada to those on the
50
Earnings—
Sept. 30—•
———
and
Operating income
Other
,
:
inclusive.
In
$2.50
73,328
sales
Net
Depreciation
the
company,
Dec. 31, 1942 (being the interest1
nine years' interest thereon) will
on
with
the London Register,
on
transfers
and
as
per
cents
Alpha Portland Cement Co.
■*; ■
Register.
'
No
1933,
mailed
be
holders
Montreal
payable
31,
25
.
.
stock
'
as
Checks
stock
debenture
5%
the
on
of
stock,
amounts
were
George S. Saunderson, Secretary, Dec. 3, in a notice to holders of
5%, first mortgage bonds, said:
"■
' '
;
. ■
Pursuant to the 1941 arrangement fixing the payment of arrears of
interest
of
dividend
28 to holders of record Dec. 17, Similar distribu¬
this issue on Jan. 2, April 1, July 1 and Sept. 30,
share has been declared on the com¬
Dec, 15 to holders of record Dec. 5.
March 14, June 15 and Sept. 15, last.
Distributions during 1941 were as .follows:. 'March 15, 25 cents; Junb
15, 45 cents; Sept. 15, 25 cents, and Dec. 15, 45 cents.—V. 156, p. 9511
of
dividend
mon
stock, both payable Dec. 24
deductibility
call
special
and
under
American Fork & Hoe Co.—25-Cent Dividend—
per share and the regular quarterly
share have been declared on the common
to holders of record Dec. 12;
In addition
to the usual quarterly dividends of 25 cents per share, special distribu¬
tions of 25 cents per share were made on April 1, July 1 and Oct. 1,
last.
Dividends paid in 1941 totaled $3.25 per share.—V. 156, p. 510.
A
up
the common
cents per share has been declared on
Payments in 1941 were
each; and Sept. 30,
A
Corp.—Special Dividend of $2.50—
Allied Products
representing
in amount payable for Federal and
profits taxes which will result from
reduction
to
of 50
made on
Like
Balance
set
>
cents
25
,
Purchasing Agent
Division
Crystal Sugar Co.—50-Cent Dividend—
payable Dec.
were
Control
Material
was appointed Assistant Purchasing Agent
office.—V. 156, p. 1571.
s.
• :
who
Brown,
A dividend
share, previously declared
of record Dec. 4.
made on Dec. 27, 1941,
p. 2362.
:
been
the
1939, continues in that
tions
1907.
named Assistant
since
company
has
of
,,
Materials Plan.
Controlled
W.
40 cents.—
'
to the Purchasing Agent since
Purchasing Agent. He has been
appointed
been
the
charge
American
Dividend—
extra pay*
Co.—Purchasing Agent—
Assistant
Borgading,
Streader
George
in
reduced from 40 cents
regular quarterly dividends of 40 cents each
four
•
recently
in
WPB's
dividend of $1 per share on
holders of record Dec. 14.
regular quarterly dividend of $1.50 per
on
this issue, is payable Dec. 19 to holders
Special distributions of $2 each were
Dec. 27, 1940, and Dec. 28, 1939.—V.
155,
$3,381,457
189,082
—
payable
stock,
common
declared
have
directors
The
the
The
have
company that year made the following
and Sept. 30, 10 cents each, and Dec. 27,
30
A.
Herbert
placed
stock,
$8,144,528
8,063,929
396,799
701,117
pfd. stock
on
$675,945 $11,401,501
$1,110,847
other deductions
&
$16,972,623
583,130
Allied Chemical & Dye Corp.—Special
Dividend
share
per
share
1463.
has
1939,
listed
stating
of
basis
cents
50
per
American Car & Foundry
$91,476,221
—,•
Sept. 30, 1942——_—,—s
surplus,
the
$0.35
the
1941,
June
securities owned at indicated
market quotations, the North Kansas City properties at the valuation
approved by the board of directors, and the bonds of Alleghany Corp.
purchased and held as collateral at their principal amount, the
earned surplus
(deficit) would be a deficit of $154,989,814 and the
total surplus would be a deficit of $63,513,593 instead of $74,503,598
and $16,972,623 (surplus), | respectively, shown above.—V. 156, p. 1686.
1942—12 Mos, —1941
1942—Month-
$2,443,093
———
816,148
Operating
Total
i
Note—On
369,701
the quarterly payment was
31, 1942,
associated
*"V
.
Power
1942—9 Mos.—1941
t$581,328
$633,931
4,406,000
694,701
$0.84
$0.94
$244,708
cents.
V.
,
,
659.
p.
of
cents
25
ments:
(;
_______—
1942——
Balance, Sept. 30,
share.
In addition to the
Adjustment due to change of common stock from no par
value to par value of $1 per share—.—49,593,299
'
Alabama
excess
depreciation
extra
25
to
shares
—_—
taxes
com.
per
Alvin
Net
Federal
for
necessary
1942—3 Mos.—1941
*$377,804
1,632,000
$0.54
—
March
On
coupons from
$47,635
23,943
$43,527
prior
of
preferred
interest coupons
Income
believed
is
earnings
and the regular quarterly
been declared on the common
stock, both payable Dec. 28 to holders of record Dec. 16.
Extra dis¬
tributions of 10 cents each were made on June 30 and Sept. 30, last.
$41,794,202
1942__-._-____.___——....
received for the issuance
consideration
of
Part
1941
$341,086
298,340
1,556
revenue
Other
Balance, Jan. 1,
K
1942
$387,932
Sept. 30—
Operating
provision
No
$964,283
361,836
$3.21
$4.30
American Brake Shoe & Foundry Co.—Extra
An
Surplus, Jan, 1 to Sept. 30, 1942
Paid-in
Alabama Natural Gas Corp.—Earnings—
Operating
share__
income
dividend
12 Months Ended
491,900
$1,556,849
361,836
amortization, Federal income taxes and reserve
of
$42,000 for
post-war readjustments.
tAfter charges, taxes and
reserve of $64,600 for post-war readjustments.
Note—In computing its taxes for the first nine months of 1942, the
company states that no credit has been
taken for post-war refund
estimated at $416,000.—V. 156, p. 1012.
1942—1$74,503,598
(deficit), Sept. 30,
'
156, p.659.
stock
com.
profit
'After
'
profits taxes for the calendar
normal and surtaxes, 90% for
excess
Federal
for
40%
profits
excess
used.—V.
of
rates
-
per
Federal
$873,827
(deficit), Jan. 1, 1942
...
_
$75,601,694
Excess of principal amount of bonds of Alleghany Corp.,
$1,568,000, over cost of such bonds purchased and can¬
celled, less unamortized discount'and expense applicable
thereto, but before Federal income taxes thereon—a—224,268
Balance of income and gains, from income statement......
873,827
'
—1.
.
1,040,600
$2,106,234
574,848
$3.38
taxes-., V
The above
Earns,
$331,715
——————
deducts
1,847,100
$2,407,480
574,848
$3.91
$2,204,374
914,478
121,113
204,500
American Bosch Corp.—Earnings—
Net
(Deficit), Jan. 1 to Sept. 30, 1942
Surplus
.Earned
—$159,210
income
income
Period End. Sept. 30—
224,269
Balance
other
97,258
__
statement does not Include profit from the
sale of aircraft and other property.
Instead, the excess of proceeds
over book value for "involuntary conversion" of aircraft, the company
said ($1,086,289) would be credited to replacement reserve for future
purchases of aircraft equipment.—V. 156, p. 2003.
$1,098,096
1 to Sept. 30, 1942..—____
carried to earned surp. (deficit)
Balance of inc. and gains,
$353,829
Dr6,530
Net earnings
Gross
_
Notes—(1)
(2)
excess
—_————.—...
on
purchase and cancellation of own bonds,
separately to earned surplus (deficit)...—.
gain
Less
$2,891,327
2,932,004
''
Int. '&
$3,513,998
1,367,991
61,233
'
profits tax.
$1,169,096
—
income
$5,020,317
1,812,250
$5,431,480
1,176,900
—_
profit
Earnings
$943,330
225,766
.
———
L—._.
tax)
Net income
—
Total operating revenue.—„•
Operating expenses and taxes
Other
and
„
for estimated Federal taxes on
profits
—_
■ ■
30—
Sept.
transactions—
security
income
Provision
t
•
from
$2,204,374
114,425
.
obsoles.—_
—
Outstanding
,.
provision for taxes thereon—_—
before
income
Net
Gains
17.
Distribu¬
and Sept. 25,
to holders of record Dec.
on March 25,
June 25
$1, payable Dec. 24
par
tions
last
;
12y2 cents per share has been declared on the common
dividend of
$3,399,573
216,811
$4,803,506
$5,431,480
flying
'
and
Federal
*
Air
A
of
Inc.)
$4,133,706
3,150,846
39,529
———„
1939
$10,637,097
8,432,723
—
sale
income
Deprec,
1942
Shares,
—
expenses
—
—
—
on
Subs.)—Earnings—
1942
equipment
the indenture.
of
Earnings for Nine Months Ended Sept. 30,
'
'
■
Profit
Profit
to
(Including
1938, to and including Aug. 1,
cents per share was also made
2,
Expenses—
Interest
value, payable Dec. 23 to holders of record
was paid, on Nov.
2, last, as against 25 cents
par
year-end
Dec,
on
amount
no
like
A
18.
share
per
quarter
stock,
common
Operating revenues
at
time
to
year-end dividend of 50 cents per share has been declared on the
Dec.
trustee,
bonds
Adams-Millis Corp.—50-Cent Year-End Dividend—
A
New
the extent that funds are available, will purchase such
prices and In amounts and at times which shall be in the
absolute discretion of the trustee, but in every case at a price per
bond not in excess of a maximum price to be determined from time
the
1570.
p.
trustee,
Co.,
1941
1940
$20,093,174 $19,393,769 $15,152,163
14,661,694
14,590,263
11,752,590
9 Mos. End. Sept. 30—
York, *N. Y., has on
hand
$142,700
for
the purchase of
20-year collateral
trust con¬
vertible 5% bonds, series of 1930 due Apr, 1, 1950 (bearing contingent
interest or fixed interest) and, beginning on Dec. 14, 1942, and until
it shall be determined that the purchase of such bonds shall cease,
Trust
Midland
Marine
The
Clarkson, receiver and manager of the company, now in liqui¬
T.
dation,
•
Tenders Sought—
Ltd.—Suspends Reports
Co.,
Paper
&
Earnings—
on
American Airlines, Inc. (&
record Dec. 17. This compared
25_ cents on Dec. 27, 1941, and
153.
THE COMMERCIAL &
2094
cipal
Co.—$1,80 Dividend—
Screw
American
V.
156,
$1.80
of
been
has
share
per
The
1943.
debentures
cents
holders of
to
2
and
including
of
extra
1942,
2,
Jan.
cents
40
record Dec.
between
paid.
was
addition,
in
July
From
1929,
1,
latter
the
on
and
to
date
an
'
South
Dec.
Illinois
Continental
Salle
La
Chicago,
St.,
Bank
National
111.,
will
&
until
Trust
12
Holders
No.
electric
Works
Water
totaled
and
of
the
Co.
for
energy
Electric
properties
electric
week
the
ended
77,769,000
1942
Week End.—
Nov.
21-—-
Nov.
28—
Dec...
1940
1941
74.865,000
14
69,502,000
77,250,000
*75,577,000
71,268,000
National
holiday.—V.
American Window
54,011,000
55,661.000
Fed.
47,052,000
Net
of
their
Glass Co.—Suit Settled—
"
Window
the
and
costs
1,
Glass
York,
New
others,
the
and
and
defendants
had
plaintiffs' counsel fees.—V.
Zinc,
Lead
Other
1942
*
Ended—
'
"
1941
"
income
1942
'
to
757,918
$913,765
$474,316
$3,584,047
$484,074
300,056
38,163
58,246
120,034
13,987
Fed.
Reserve
for
51,266
;
.
Federal
208,500
846,650
77,665
1,189,830
$54,130
$941,559
50.000
:, (3)
Ry.
$1,612,308
1,106,457
$334,545
-
'
Int.
and
$92,094
-
The
$227,339
'/
$284,879
well
111,184
Co.—Earnings—
99,594
...MM--71,219
76,523
850,851
116,000
1,476,000
1,715,601;
116,000
income —
$482,345
$3,272,412
$3,691,987
1,251
1,108
195,216
11,412
(net)
!_
$250,372
bonds
mtge.
'$3,467,628
Interest
Exp.
———
147,013
20,497
18,302
232,749
Cr619
Cr55,628
Crll,845
$318,757
,$1,526,531
ance
231,362
Dr9,710
$1,719,590
&
income
'
*
—_
$92,605
stocks
for
the
period,■
156,
of
non-oper,
Discount
and
bonds
Armour
The
•
the
Co.
Iambs
of
lambs
in
charged
the
',
$577,266.
buying
and
and
1,507,861
1.666,069
that
Denver
the
they
Union
taxes**37,036,598
S.
for. inc.
&
ftes've
for
Minority
contingencies
interest
tNet income
.
Shs.
-
Earnings
8,575,815
7,975,919
6.123,480
§26,246,090
§9,822,656
5,221,163
8,674,338
8,674,338
area
$3.17
$3.77
$2.79
Federal surtax on,undistributed
""Includes
profits
excess
profits..
§Includes excess
of $15,363,900
tax
Co.,
Federal
income
and
profits
excess
A
ended
30,
Sept.
Wire
Tunnel
the
in
of
Cable
Mines
&
included
1942,
&
Co.,
the
principal
Co.,-Mountain
N.
would
confine ..their
Stockyards.
create-
to
purchases
amounted
to
$526,17£.
Co.
The .Government
current
send
to
on
This
amount
is
provision
156,
their
lambs
the
to
Government
V '
Anchor Hocking Glass Corp. (& Subs.)—Earnings—,
12 Months
Net profit
Ended
Sept. 30—
on
Continental
19.
or
Bonds
before
Non-recurring loss on sale of Long
Island City plant—
Pi-ov. for inc. & excess -prof, taxes
Net
Earn,
'
per
pnd
of
1942
Act.
the
been
has
and
made
excess
is
profits taxes
rates
in
effect
,
.
"•
estimates
Revenue
that
made
for
before
slightly
are
Act.—V.
156,
in
The
the
last
for
all
three,
the
of
the
for
months
first
the
nine
>,
made
on
of
interest
Jan.
1
to
/
1942
amounting
holders
1967, of record Dec. 21.—V.
of
income
1941,
;
April 1, July
1
and
Trust
-
to
sinking
154, p.
per
accepted
be
must
Other
July
and .Oct.. 1,
1
50
cents
fund
Income
debentures,
'
A
notice
dated
Dec.
7
the
to
bona*
152,
the
to
corporate
.
accepted
p.
will
4116.
be
paid
•
•
to
Dec.
..<•
/
be
due
determined
and
which
sum
agreement,
declared
available
earnings
accumulated
interest
is
on
sufficient
that
for
to
interest at the
(a)
the
interest",
the
debentures
pay,
-in
rate of
of
securities
of
amount
applicable
on
Jaa,
accordance
18%
155,
participation
on
to
with
each
the
the
1,1943,
'
v
,
•
'
the
payment
'1942-•
-
but
not
Pther
M-i-M..
payable
$0.26
1942
for
doubtful
receivables
of,
$2,764; provi¬
taxes, $11,531; operating reserves,
contingencies, $50,000; common stock
$1,141,684;
earned
surp/us
Dec,
29
this
since
cents
to
holders
of
record
Dec.
19.
year.
25
of
each
made
were,
July
on
819.
p.
,
L and
/
,'
.
for
resale
excess
;
cost of insurance
income
Class
A
End.
notes
and
$448,139
204,603,
accounts--—
64,102
43,513.
$94*418
$197,02J
4,856
.
1,791
/
$99,273
—
$198,813
moncy.._—„^—/_/—/.!
54,635
58,582
and
10,118
47,465
State
taxes—
income
$34,520
paid
$92,766
'',
40,039
21,586'
*: .3,741
——
14,964
on:
stock
•
*
stock;——i—"
common
Common
/
8 Mos.
$366,170
stock
•
'
Consolidated
3,138
Balance
Sheet,
12,550
Septj 30, 1912
M Assets—Demand*
the
deposits in bank and cash
$1,944,387; repossessed cars, at
receivable,
$8,999; -accounts
management,
investments,
at cost
receivable
value
(claims,
nominal
or
value,
'J
-
hand,
011
$467,594;
estimated
etc.),
by
$58,733;
$5,051;
furnitm'e,
equipment, at cost, net of allowance for depreciation, $7,230;
prepaid interest, $3,826; deferred, expenses, $646; total, $2,496,466.
/.
,
-1941
Liabilities—Notes
1,549,743
1,632,202
,1,858,812
3,498,858 -» 3,628,684
1,699,624
companies-—.*
Co.„
156,
p.
$766,859
State
and
Federal
The
&
Electric
ior
profits
the- year
tax
State
and
ended
required.)*,
taxes
of
payable,; $9,805; divi-*
$9,760; provision for
Sept.
30,
$15,625;
prior
1942
(no
provision
for
$6,127; dealers'
loss-reserve, $55,141; un¬
years,
$1,558,314
loss
finance
earned
$72,622;
reserve,
general
charges, $71,625; $1.50 cumulative convertible preferred
(par $25), $719,575; common stock (class A) / $18,706; common
stock, $15,688; capital surplus, $8Q,361;. earned surplus, $511,281';"$i.50
cumulative convertible preferred stock in treasury, £>r$68,850;
total,
$2,496,466.—V. 154,
425.
p.
"
,/
Babcock & Wilcox, Co.—5,0-Cent Dividend—
A-dividend of
50
cents
stock,, .payable Dec.
25
'
per .share has been declared on-the common
to. holders ot.record, Dec.; 10.
Distributions of
21
cents, each were made on July 31
and Oct.
31.
last,
compared
with
50 cents on April 30, 1942.,
Payments during 1941 were as follows"
April 30, July 31 and Oct. 31, 50 cents each, and Dec. 17, $1.—V. 156>
p. 1204.
1857/-
trustees
week
the
(payable Oct. .1, .1942)',
,
-taxes
for, excess,
additional
$5,541,011
'••* 1,504,799
Consolidated net income-.^»_.-_
-V.
Federal
stock
stock
1,941,534
*.$5,472,753
-.V.
492,589
subsid.
payable,- $9.79,0.00;. accounts
preferred
on
participation
$5,965,342,4. $7,045,810
income,
dend
provision
1.041,074 M l,099,729
,
Electric
,
1,874,992/*
profits-taxes
(net),__,_____L-..-
income
Associated
,
of
ended
group
Associated
Dec.
4,
Gas
Co.—Weekly. Output—
&
electric
net
output
of-
the
Inc.—Earnings—
Period End. Oct. 31—
for*
Associted' Gas
Electric'.Corporation
report
135,194,518 units (kwh.),• •This is an .increase
Of 13,087,973 units or 10.7%*
above production of 122,106,545 uifiit:>
a
year ago.—V. 156, p. 2004.
was
Associated Gas & Electric Corp.—To Sell Subsidiaries
Gross'income
"Oper.
and
Taxes
(inch
Net
•
1942—3 Mos.—1941
—
misc.
Fed.
1942—10 Mos.—1941
$59,573
■
$54,442
$198,699
29,212
102,279
89,716
15,760
59,322
52,178
exps.
inc.)*
*•■
28,179
18,746
income
$12,649
"Including insurance, -depreciation,
Note—Federal
income
tax
$9,469
$37,099
repairs and
deductions
are
at
$182,645
$40,752
alterations.
the
rate
of
1
31%-
for
joint declaration has been filed with the*SEC pursuant to the
Public
Utility Holding Company Act of 1935 by Denis- J: Driscoll
and Willard L. Thorp, trustees of
Agecorp, and ■ by .-.General Utilities,
representing the final effective normal and surtax applicable to
the corporation for that year, and at the rate of 40% for 1942,
repre¬
senting. the effective normal and surtax applicable to. the corporation
Co.,
for
A
Western
A
prin-
/
207,649
doubtful
for Federal
1,309,211
2,245,568
,
fixed "capitaL.Hf
of
income
Deductions-from
Co.,
of, said
Subs.)—Earnings—,
Sept. 30/42 Aug. 31/41.
borrowed
on
6,477,013
2,165,292
6,993,763.
-.-.-MM
income
Gross
of
$100 of original
320,490
insurance,. taxes, rent,, etc.,
and experimental machinery, etc*,
expenses
miscellaneous
$20,165,992
$20,697,678
1,519,7841
retirement
Fed. inc. and declared value
$1,27.9,872,
terms
$84,586
;
prepaid
surplus,
after* deducting
dividends
notes
•
V*
'
...
for
Other taxes
cer¬
"consolidated
is
31,
Oct.
;
Preferred
•/
■
tificates class A and 20-year income debentures, due July 1, 1951,
says:
In
accordance
with
the provisions of the agreement, under which
the 20-year 6%
income debentures were issued, the directors have
•net
Net
Cash
St.,
trustee
22,i 1942,
M
Co.—Earnings—
water purchased
gas and
Maintenance
in
1589.
holders
16,805;
28,195'
<
cents per share has been declared on the common
value,
income
Interest
Antilla Sugar Estates—Interest Payment—
,
capital
distributions
for
Provision
x
29.
Associated Electric
Provision
;
will
1,463,368
20,808
local
general
only payment
income
Total
last.: Payments during
1,
Oct.
delivered
Associated Gas & Electric
$1,000 debenture
Sheet,
(less allowance
and
for
Balfour Building,
$45
$1,592,954
1,768,737
—.
Operating profit MM—/'
'
.
Co., corporate trustee, 30 Broad
12 Months Ended Sept.,30—
operating revenues-___
Operating expenses
Revenue
■
.
$485,602;
income
Provision
mouths
effective
rates
'
1941
common
par
the
Operating
■
510.
p.
Balance
laboratories
State
Period—
/
charges1,
of
u.
$50,316;
buildings,
$320,490;
27.—V.
Gross
the indict¬
'
Co.—$1 Dividend—
$1.50
other
provision
enactment of
excess
$1,298,737
$1.39
..
and
and
year
„_!•.
Anglo-Chilean Nitrate Corp.—Interest—
Payment
dismissed
401,053
$1,169,134
Inc.)
1942
Automobile Banking Corp. ,(&
indictments
(Including.domestic subsidiaries; also including.operations 6f,companies
sold to respective dates of sa,ies)'
; V .' ,'/••""
Operating
$1.57
taxes.
465,102
1,205,666
depreciation
profits
,
,,V
.
4,233,701
divs.
for
based,
for
estimates
our-
on
These
1942
sh. after pfd.
com.
income
excess
the
$1,699,790
$1,295,525
Deduction
on
1940
$2,839,902
;
profit
including
1941
$5,529,226
—
as
on,
2004.'
p.
(& Sub.)—Earnings—
Year End.
-
Bank: &
Dec.
on
Electricity,
1942
from operations-
Emeryville.—V;. 156,
Union
Denver
anti-trust
sustaining the demurrers,
Total
V
and
and
not
2004.
p.
and'
'
,
the
to
1571.
p.
made
Interest
consolidated earnings' and compares with an
the first nine months of preceding year.
has been made for possible renegotiation of con¬
_' (3) 'No
court,
156,
thereafter.—V.
$1,129,258 in
tracts.—V.
demurred
Y.
Dec.
above
equity of
officer,
reserves
1941
Dec.
con¬
National
and
and
,
nine month?
subsidiaries,
the
for
unconsolidated
Oakland
receivables
of
Federal,
no
is
In
:
oL-
City, will until Dec. 17 receive bids for the sale to "it of 5 Va. %;
mortgage collateral bonds due July 1, 1957, to an amount suffi¬
cient to
exhaust $123,600, at the best prices obtainable.
Notice of
acceptance or rejection of tenders will be mailed not later than
.
City Copper
Fe
embarkation
(provisional allowance)/—-
dividend of 37 v2
This
first
$1,707,100
for the
taxes
year were based on Revenue Act of 1942.
(2) The equity in the undistributed earnings
Anaconda
district
were
The
refund.
Notes—(1)
life
for
stock,
Associated Chain Store Realty Co., Inc.—Tenders—
de-.
fox5
profits taxes/
after deducting
Santa
by
of
Automatic Voting Machine Corp.—-37 Vi-Cent Dividend
f
involved.
are
companies, conspired
1941 were as follows:
April 1, 40 cents;
each, and Dec. .26, $1.10.—V. 156, p. 1013.
8,674,338
$1.34
r
depletion of timber, coal, clay .lands and phosphate
(Before depletion of metail mines.
tNo provision made
post-war
the
each
$24,241,675:i:$ll,613,344
8,674,338
in
in
owned
port
the Oakland outer harbor,
that. territory and industries located
-,
to review lower district-
A dividend of $1 per share has been declared on the common
stock,
payable Dec. 26 to holders of record Dec. 17.
Distributions of 50 cents'
183,219
244,587
301,151
"Includes
posits.
companies
Art Metal Construction
2,000,000
—
$27,514,668-$32,712,617
—
share
per
The
101,429
275,768
•
——
stk. (par $50)
cap.
53,636
2,000,000
tracks
jointly
in
net profit from operations May 1 to Oct. 31/
stock in Treasury (20,990 1/26 shares), Dr$69,157;
balance, applicable to 299,500 shares of common stock, $1,881,962;
total, $2,142,525.—V. 156, p. 1146.*
.
v
producers of lambs of the opportunity
of their product by country.-or field-
disposing
compelled
are
ments.—V.
11,621,792
located
tax
$400,447;
($1* par),
--V1-
decided
7
!
"Deprec., obsoles., etc,--
Oakland
Army
$1,792,888
income
on
sion
$770,325
*
.
anti-trust, case against Swift &
the
that
Denver
between
1,684,402
93,857
be
the
S.
Liabilities—Accounts payable, $59,078; sundry accruals,
■
949/265
949,265-
Cudahy Packing Co. in, which charges jot monopoly
of
agreeing
to
Dec.
on
Government
a
and
by
solely
choose
£0
1,138,210
2,331
U.
tended that this action deprived
564,580
debentures
U.
and
of!
the Interstate
of
acquire
(less depreciation reserves of $355,411), $409,635; sundry investments/
$9,970;
leaseholds,
$12,500;
patents
and
trademarks,
$1;
deferred
items, $11,148; total, $2,142,525.
/
-High Court .Grants Review of
(111.)
//■'
Government
monopoly
a.
1939*
&
purchase
161,834
.
will
serve
the
:
1, 1940,
1942, $3,343;
Supreme Court
dismissal
court
Armour
in
$26,593,106.
on
Secretary of .State
will
materials, sales and administration
May
Co.
&
U.-S.
$46,984,550
prop.
exps,
the
the approval
to
company
—
$8,179;* land,
1857.
p.
$68,494,110
-
'
Assets—Cash in banks and on hand, $504,439; United States Treasury
1,764,292
146,980
deductions
int.
$78,642,991
—
new
which
will
of
.industries
sales
notes,
$3,703,399
1,763,976
$483,453'
Packing Case—
$67,651,881
744.076
_
income
Subject
the
6 Months Ended Oct, 31—
yards for marketing.
Total
of
,
Atchison, Topeka & Santa Fe:
articles of incorporation of the
RR.,
Net profit from operations—*
$3,343
Outstanding shares of common stock—299,500
Earnings per common share—
$0.01
1,274,000
$249,121
revenues.—
Balance
$632,227
1940
'/:'
Control
Ry.—Joint
Ry. have been.filed, with
company,
Pacific,
Federal
874,137
,
respec¬
■; '■
-
.
.
Pacific
Depreciation
reserve
_______
Fe
General
;
agreement-between
Western
depot
$137,190;
$46,140,112 $26,093,058
842,229
844,438
500,048
$77,898,915
(which
remaining
2004.
p.
Santa
&
Commission,
Cost of oper,,
5,025,741
1,506,369
5,679,880
joint
Key System
Net
/
523,866
r—,
,
{& Subs.)—Earnings—
1941
1942
income
then
(Including Fish Producers Exchange of Florida,
1942—12 Mos.—1941
chgd. .to construct.
The
9 Mos. End. Sept. 30—
London
New
•*.
their
and
Western ,and
London,
156,
Atlantic Coast Fisheries Co.
:
$1,298,328 $12,994,744 $12,372,234
$1,047,204
Topeka
Terminal
Act
1942—Month—1941
*
of'.New
completed;—V.
a
new
a-s
the
profits-taxes-have been.com-'
of 1942.—V.' 156, p. 2004.
excess
be
the
Western
$396,063
404,588
income
Net
provision for Federal income and excess profits: taxes
at approximately 50%
of net earnings for July,-1 1942, and at approxi¬
mately 75%. of net earnings for August, 1942, and September, 1942.
—V: 156, p. 1322.
Operating
of
■*.
■
,
transfer
liabil¬
Western1
by
surrender
freight prop¬
erties and trackage rights of the Oakland Terminal
RR., subsidiary of
Railway Equipment & Realty Co.
28,429
$335,872
108,533" /
$119,908
Revenue
and
general
27,814
$66,992
the
——
retire,
on
Int.
""Estimated
Anaconda Copper Mining Co.
stock
outstanding
V- '
California,, in Sacramento.
$367,633'
;/' 1.327
.
dissolutions
will
Commerce
47,320
•
The
Oakland
90,898
.
-
$93,647 '
income
Gross income
:
50,000
•
$132,087
for. the
■
will
(subject* to'existing
assets
its
outstanding,stock and claims against them;
tively,
333,071
conting.^—
the
General
/
.'
$33,738), $285,303; inventories, $450,587; cash surrender value of insur¬
—V.
profit
all
and
the completion of the sale*
upon
,
consideration
Western);
Western
.Through
155,924
;
206,276
taxes
Net'oper.
Other
591,511
*408,200
$1,100,000
that
'
&
inc.
170,201
Terminal Railway—
86,557
672
26,656
with
43,108
193,663
profits taxes-
of
London
held by
now
Inc:———————i—
will. transfer
in
47,370
,
assets,
mainly the considerations to be received (subject to existing liabil-A
ities), to Agecorp upon the surrender to. them respectively of all the
depl.
—
London
•
—_——L
contemplates
Western,
96,416
—
—
purchase price—
Atchison
-1,149,872 '
$119,236
deducts.—-
&
appropriation
490,202
504,741.
*
?
—
/
respective properties:
to
(2)
,
20'
depositary,
$1,726,898
25,619
Dr349
—
expenses
-
$2,090,119
6,485
166,843
85,098
"
——
r„
Cooperative,
.
'
■
Consolidated
106,855
(net)
base
New
is
1942—12 Mos.—1941
$93,996
accordance
Federal
$1,602,155
487,965
_—
deprec.,
for
Other
said
on
securities
Corp.—Earnings—
,28,704
tax..
revenues
1941
'
173,084
_
amortisation
excess
*
the
on
Electric
New
ities)
Inc._—
•
Inc.—23,475
Cooperative,
property—
declaration
their
Ml)
New1
certificate. >•' Coupon-
Interest payments
$491,986
.
(net)——
income
Property
123,330
—
expenses
for
Net
ownership
upon
City of
of coupon No,-:23,*.dne
of
selling & other
expenses
Prov.
the
Total
-
,.The
may
debentures
Bank, of
1942—3 Mos.—1941
Period End. Oct. 31-
12 Mos. Ended Sep. 30
$2,826,130
—
income
Interest
/
plan
Electric,
London's
Firelands
'
Subs.) —
(&
$367,461
$740,680
profit on sales-
Admin,,
and
the
under
such
orn
311,040
profits
Operating
$4,824,490
5,070,882
sold.
income
Prov.
1943.
National
is void.
1943,
income—•
Other
-
1,
Chase
Arkansas Power & Light
v
$23,046,336' $19,777,420
4,457,028
20,220,206
18,175,265
$5,811,563
goods
Total
Midwest
'
:
598.
p.
Net
agreed
had
Co,
Smelting
&
-
of
deposited
'
,
309,229
'116,739
.
•
Cooperative, Inc.—'
Electric Cooperative, Inc
Electric
$84,625
Inc
Tricounty, Rural Electric Cooperative, Inc.—
New
,
sales
Gross
not
Jan..
on
revenues
Note—1942
agreed to pay the
156,
3 Mos. Ended Sept. 30
Cost
have
expenses
Other taxes
Earnings—
Period
From such payments the
debentures who have not yet' deposited/under the :
plan
therein, by depositing, prior to- Jam. 31,. 1943, their
with; all coupons maturing on • and-after Jan.- 1,-1943/
Operating
American
Net
due
oper. .income
puted in
to
3,000 shares, of- class A preferred stock holdings
Cohen,
D.
than
more
American
suit
who
income .taxes—
Gross
,
,
Sophie
North-Central
of
Total int.
sell
interest
excess
-
Other
2004.
p.
1—'
Inc
Electric
Paulding-Putnam
45,697,000
56,234,000
156,
Purchase Price
■
Cooperative,
Lodi_____/:__;.:__
of
Hancock-Wood
funds
out-of-court
an
plaintiffs,
debentures
oper,
Federal
agreement, two stockholders' suits over
dividend
payments and last year's
merger
of the
company
with
American Photo Glass & Export Co. have been settled. '
The settlement came four days after trial of the suits began inCommon Pleas Court at Pittsburgh.
Counsel told the court that the
Through
4V2 %
Period End. Sept. 30—
-
43,863,000
59,261,000"
'
Electric
General's-property—
to pay. during 1943 full.interest
the securities participation certificates
per annum, and. on its securities partici¬
thereafter to The
Operating
60,466,000
69,136,000
77,769,000
5-.--
"Includes
of
due July
property—
Rural
Village
participate
Total
45,582,000
58,130,000
"65,656,000
agree¬
on
Arkansas-Missouri Power
1938
1939
54,914,000
58,981,000
agreement- and: the
attached, with The National City Bank of New York,
Exchange Place, New York, N. Y,—V. 156, p. 1322. -; 3.
kwh., an increase of 9.12%
over
the output of
71,267,600 kwh. for the corresponding week of 1941.
Comparative table of weekly output of electric energy for the last
five years follows;
NOV.
the
on
1942,
5,
Dec.
Holmes
'
f
.
American
of
to
1942
debentures,
American Water Works and Electric Co., Inc.—Output,
of
20-year
follows:
as
Base
1, 1941, the company will pay to such
18% of the original-principal amount
sufficient
31,
the
24,
may
Output
of Dec.
as
amount equal
of
Holders
collateral trust 6%
•
Western's
forth
set
are
no
on
participation certificates will be made, by mail to the registered holders*
of such certificates on Jan. 15, 1943.
/. '
-.
receive bids for the sale to it of $350,000 principal amount of
bonds, series A, due 1964.—V. 156, p. 1412.
23,
debenture
York, 11 Broad St., New York, N. Y.,
date, accompanied by a duly executed
Noon (C.W.T.i,'
o'clock
purchases
are
installment
a
and The National City Bank of. New York,
1, 1942, executed pursuant to .the plan of
'Of Jan.
the rate
surrender
231
trustee,
Co.,
the
of
to Dec.
at
receive
American Utilities Service Corp.—Tenders Sought—
The
aggregate base price of $1,100,000 to several purchasers.
The several
purchasers and the amounts they
are
to pay for their respective
1,
July
on
that .there
declared
sinking fund
or available forinterest
1943,
company
as
will have
up
A
debentures
pation certificates class B at the rate of 3% per annum, and approxi¬
mately $800,000 to be applied as a sinking fund for the retirement of'
class A certificates during 1943.
•'
;
including
1941,
1,
and
debentures'^eld by such depositary.
accrued
class
said
on
available for
terms
the
an
depositary
the company distributed quarterly dividends of 75 cents
per share on this issue and, in addition, extras were paid as follows:
50 cents on Jan. 2, 1930; and 25 cents in January of each year from
1931 to and including 1941.—V. 155, p. 2178.
Oct.
the
of
outstanding, on... Sept. 30,, 1942, and
earnings available for interest"
net
interest
Lorain-Medina Rural Electric Cooperative,
the
to
depositary
10.
and,
1,
Monday, December 14, 1942
notes.
reorganization dated
of 60 cents each were made on the common stock since
Distributions
March
on
of
determined
also
earnings
depositary, dated
dividends of 60
regular quarterly
declared
share on the common stock, par $25, and of $1.50 per share
6%
non-cumulative preferred stock, par $100, both payable
the
on
2
Dec.
on
per
Jan.
net
income
ment
Snuff Co.—Regular Dividends—
directors
debentures
"consolidated
payment
directors
consolidated
6%
the
no
the
to
Pursuant
American
The
are
applicable
1012.
p.
of
amount
there
(b)
declared on the common
stock, payable Dec. 21 to holders of record Dec. 5.
Distributions of
50 cents each were made on July 1 and Oct. 1, last, as against 20
cents on April 1, 1942. Payments during 1941 were as follows: April 1,
20 cents;
July 1 and Oct. 1, 50 cents each; and Dec. 20, $2.80.—
dividend
A
FINANCIAL CHRONICLE
..
of
each
of
statement
Agecorp
the
Reserve
which
of
proposes
properties
is
Power
a
&
Light
subsidiary
the'transaction
to
of
enter
into
General,
Co.
of
an
and
London
Power
.-
.
,*■ — *,
is ■summarized
agreement
Western,
New
Agecorp/' *■/•
proposed
and
•,*.
as/follows;
concerningthe
New" London,
for
sale
an
1941,
the
enacted.
above
entire
*-
No
year
1942
provision
figures,
since: an
py
the
Revenue
V.
156,
p,
1013.
Act
of
under
has
been
the
1942,
Revenue
made
examination
of
indicates
for
Act
excess
the
that
of
none
1942,
profits
existing
law,
will
recently
as
taxes
as
in
the
amended
be' incurred
Number 4133
Volume 156
of-Hartford, Inc.—Bonds Called—
Ballard Oil Co.
.terest
on
.record
—V.
15.
Dec.
156,
Arrearages
2033.
p.
Jan.
payable
both
debentures,
y/v
the
.2Vuon
2
Co.-^-To Merge—
Baraga County Light & Power
& Gas Co.—V.
Consolidated Electric
See
•
restrictions
the business.
of
to
156,
$350,000
exceed
p.
amount-not
an
.retirement.—V.
to
capital
working
of
\
\
;
refunding
Placed
>
,
•
•
Ellis
and
'
fare
Aver,
fare per
cents
35
share on the
per
' Toss.-—V.
.*
•\
on
Public
The
$72,855
Commission
Utilities
trunkline
•a
of
Ohio
as
156/ p. 2038.
made
on
$0,075
$0,073
$0,073
of
4,776,919
Total
156, p. 689.
kwh.,
v.
4.4tfu?
of
the
For
-
'
$1,792,641
472.915
•
LiL'Li-L*:
I
$6,129,274
2.621
*
317,269
First
Normal
r
'
■,
'
Interest
Total
1941
—1
.
income
Expenses'
12,079
.
\'*Prov. for Fed; inc. tax
•13,250
?
1940
1939
$77,961
$52,990
76
450
$88,779
12,576
$87,068
Income—Dividends
1Net profit
$88,737
42
1942
$86,976
92
3 Mos. End. Oct. 31—
.
■
$78,037
$53,440
in
fNet
income
months ended July 31/ 1942.
investment securities.-Assets, Oct. 31
,1
$8,950 applicable to the six
♦Including
•••fExclusive- of profits or losses on
Statement
of
Net
Discount
market quotations—-*-*-—
receivable
from
Commercial
at
.
Credit
T—V.
maturing
Nov.
17,
1941,
at
Cash
amount, $80,000.1
demand deposit-—
on
407,959
$5,932,074
for
Receivable
545,440
12,050
•
28,062
stock but not yet delivered
cap.
'Total
——,
'
-
$17,095
taxes
^ /. not .yet
.received,
4.747,794
258,454
$734,438
.;
,
h
4-
..
.
•
K
,
,
■
,
|
,
in
directors on
addition
to
the
Dec. 8
'
Icapltal stock, "both payable Jan, 2 to holders of. record Dec. 8.
Special'
distributions of $5 per share were also' made on Jan. 2, 1940, 1941"
•and 1942.—V. 154, p; 1529.
'
,
* ./'V;*,
have, declared
quarterly dividend
mon stock,
no par, both payable
•This
compares
with 25. cents;
directors
The
and
•share
.July
p.
.
a
1/. 1942,
863."
'•
filed suit in U. S. District-Court at Philadelphia
Nov. 25 against James Work, former President .and Chairman of the
-Board;. Philip N, Stevenson, former Vice-President,- and J. Griffith
iBoarriman; .a former director,, to have .them held liable for the return
of 'more than
$3,200,000 paid to the Miranda brothers in alleged
illegal commissions-, on, the .sales, of airplane equipment -to 'foreign
countries.—V. 156, p,-1146.
.*
*
corporation
$5,848,0G3
.
directors
Dec.
on
stock,
common
'
'
'
dividend of $1 per shar?
declared an extra
5
par,
no
payable
of 50
record Dec.
12.
*
19,- in
pec.
addition to the
cents'
per share, payable J;an. 2,
An extra of $1 per share was also
last year.
Dec. 20,
on
'
.X
■
directors
declared
also
quarterly
usual
the
of
dividend
preferred stock, payable Jan. 2 to holders of
156, p. 512.
the
on
12.—V.
,
Co.—$1 Extra Common Dividend—
Products Corp.—$1
dividend
of
$1
share
per
$1
record
Common Dividend—
has
declared
been
the
on
11.
on
.
common
Distributions
Feb. 21, 1940,
and
1938,
23,
an
(& Subs.)—Earnings—
1,843,778
mortgages receivable
57,391
Boss
assets, less fire insurance
$3.92,450
reserve
\ 266.854
.86.231
——*
25~156
24.250
1.633,761
Provision for State and local taxes—„
Prov. for..FedL inc.;Eed_ cap, .stock, tax—
LProv.. for old* age. & unemploy. benefit tax—r
•Provision",for, o.ther Federal taxes
*_*—_
/'Provision for-"',returned", castings——Unclaimed, wages ancl unadjusted credits
Customer deposit >L_L—
Burden,
$259,565
184,104
payable-•-'—
payable
549.903
80,777.
143,429
37,039
%L446
45,641
35,006
13,489
17,199
4.050.220
'stock' Xtrrji'L
—
surplus-"—Xlx'—Xt—
♦Treasury i-stock x-_-__L—:
Total,4—'tlLLA
*3.0,75
* ' :
-__
£8*27,560
Butler
Brothers,
348,000
no
par
$8,092,791
shares.—V.
156,
■
Chicago—War
Over'Jersey City Plant—'
Thomas. B.
'••
in
part:.
Freeman,
in
'r,s ""•/.,•* ...
War Department
-•
■ -
Department
to. Take
*
to
stockholders,
on
Dec.
4
stated
,
notified Butler .Brothers on-Dec. 3. that it
warehouse of the company's New York division
located in Jersey City, N. J..
"So far as our., more'than 14,000 merchant-customers in the New
•York' territory
are
concerned, we will serve them with the same
."The
.will
.take
over
,
the
*
organization as now, and will also continue the
of-Ben Franklin and Federated Stores. - Until Dec. 31-, at,
business under the present set-up.
Butler
•Brothers' -general offices, sample and salesrooms that serve the New
aggressive
$41,981
-
• • •
Sheet,
May 81,
-i4
-
1942
" '
"•'/,'.'• *
■
.
•
'**'
■on"hahd*—$14,873
accounts receivable——-———A11,493
*.;■ ■
10,013
and:
•♦Notes
Inventories
'Prepaid 'expenses- _yr**i,**_*;*^***_;*/.*******_^L--*****-.—*L-.j-'-, ;■,•
sales
6,923
by trustees——****__.*_u*——72,233
mortgage held by trustees—
—19,009
Balance of fire insurance-claim for property destroyed—15,375
tLand, buildings,'machinery and equipment——537,873
.•Non-operating properties116.040
'Cash'funds held
Purchase
money
.Deferred charges
3,691
—
—_—*—*_,—
—:——
$807,520
,'.
—■
property taxes)
$107,000
34,103
1-62J
30,071
5.500
2,000
Total
T J
L11
'j
Notes
s
tf* 5
<r,Ti-
.-I
r
■
,
,
;
;
payable (banks)-*.—
—
payable itrade,.& real & personal
***_!——
Accrued payrolls, taxes other than income taxes, int., etc,
Mortgage instalments payable within one year—
—
-Notes payable "to bank, due subsequent to May 31, 1943—
Mortgage payable due subsequent to May 31, 1943**——
First mortgage 6U. sinking fund bonds of Cassco Corp
•First mortgage b','c sinking fund bonds of Cassco Refrig¬
Due
to
an
officer
(
letter
a
.
''
*
"
Accounts
$10,136,471
by
Balance
Consolidated
,
■''''"AsSCtS"***-*''''
*
■
:
a
Xhares,' "ARepresented
1,893
$146,919
•
2,658,217
£8*27,560
t C a pi ta 1
..
;
loss—_____——
Consolidated .net
4,050,220
3,636,742
'
''"Earned
v
;
64,682
,
*
-
26,273
;
Cash in banks and
Payroll.
...•Dividends
129,783
6,000
proceeds—-*—---*• ■■'
Provision for Federal and State
r
283
48,535
of fixed
liquidating loss on mortgage receivable
income taxes—
Prov. for
' 41,990
,
46,585
,
destruction
disposal and
sale,
on
*
';
29,964
2.237
administrative
and
Depreciation
:■•
$8,092,791
:'■•
,%
$109,209
before depreciation—-$107,296
expenses
30,249
1,972
Interest -expense '——****——L*L*__—•—*„*,— O" • , 39,344
'Amortization of debt discount*—<
282
Operating, profit
1,085,025
58,551
$10,136,471
.■^••Liabilities— '■•'•r,
.
$445,217
336,008
Provision for loss from uncollectible accounts..*
48,807
.
1941
379,352
General
1,20% 2 85
1,400,830
188,450
;
1942
$486,647
except depreciation-—*—.
Years Ended May 31—
•Operating expenses,
480,000
charges.,'—A.*—X—:*;
hn extra dividend of 20 cents per
of 30 cents per share on the com¬
Dec. 24 to holders of record Dec. 24.
Brewster Aeronautical Corp.—Suit for $3,200,000—
The
indebtedness-lL——X„*
{
paid on Oct. 1, last; 20 cents, on
and 30 cents per share in preceding quarters.—V. 156,
.
2034.
p.
Cassco Corp.
3,812,755
.
Dividend—
1941
$7,188,000
——
'Sales, less returns and allowances-*-,.*-.*****—
$1,787,147
4,458,880
p.* 1949.
(E. J.) Brach & Sons—20-Cent Extra
1942
*L,
payable Dec.* 19 to holders of record Dec,
.of like amount were made on Dec. 26, last year;
and
on
Feb. 23,
1939, as against $1.50 on Feb.
initial of $2.75 on Feb. 23, 1937.—V. 154, p. 1529.
97,222
.
..
of $1,420,166 in 1942 and $1,334,726
$18,914 in 1942 and $16,758 in 1941.
of
reserve
earnings
Casco
*
97,100
A
a
.
42,573
for depreciation
tAfter
share
A
1941
252,263
.Dexerred
special dividend of $5 per share
dividend of $4 per share on the
declared
usual quarterly
tr
Consolidated Balance Sheet, Sept. 30
1942
• '••_
■' •*'•. •.-.' ;
>
.
S.
v
capital
!■
-';,*
Boston Insurance Co.—Special Dividend of $5—
)
"'The
25,000
*$1,862,923
$1,724,532
-stock,
■
-Investments; XX-i—L—,
—_*
:„Total iixed. as.sets inett-L-—.
Total-, i—i—
LA**——————* , L $113,374 0 ,,$108,157
Net assets ——— t$7,412,037 ,*$6,686,591'"
J
22,825
:
ended Dec.'-31,
/Expenditures under;..war..production*-——*.——.
»-tEqual to $12.71 per share on 583,235 shares.', of $1 par value cairital stock (exclusive of 260 shares in treasury.)—V. 156, p. 1949,
•
'
"
'
"
V
' "
'
'
" ■
'
^
j
83,973
'
;
Accounts
stock
•
•
—
to
Dec.
"! ■; **;'
'
.82,823
-""Equal to $12.94 per share on 516,854 .shares of $1 par value
(exclusive of 1,549 shares in treasury.!
:
• ■;
4
*
months
Inventoiaes./—_--_*iLX-/;_**___
20,27.7
,92,995
Dividend: payable
4'/
the three
•
2,945
—
.3,284
■
.,•/
certificates Pf
.Accounts- reecivable
$2,112
}
i—'
____;_•
the
per
'
Assets—
tU.
$6,794,748
not yet
stk. reacquired but
cap.
-
Land contracts and. second
$7,525,412
'
taxes
paid
258,454
i__ '
—_—
holders of
$537,694 ; $1,405,778
$1,357,779
745,384
7,325
.—X'Ali
/Payable to brokers for securities purchased but
/Payable for
•' ,*■
79,966
Liabilities—
Accrued
;
:.
—A—
payable.—
income
498,300
.
both
399,045
293,667
5,300
129
111,440
11,413
79,570
32,767
—___'
305,410
229,195
for
$1,190,247
etc
semi-annual dividend
tBeing net sales less, pro¬
including labor, materials and production
accounts
1
$1,862,923
$1,190,247
for
156,
The
Note—Earnings per common share amounted to $3.26 and $1.56 for
the nine months ended Sept. 30,
1942 and 1941, respectively.
X %
f.
•
receivable ■**__——
Dividends
,-y
1940.
cost
(principal
...
$6,939,859
1
debt
Carnation
V
notes
Co.,
the
in
22,423
2,251
Days Ended Nov. 30—
9
1941,
reflected
'visioii
112,294
19.217
1942-
4
'$1,703,116
3,145
the
to
30;
125,404
—
'
•,
-'■'•
-1941
1942
Assets—1
Securities
$40,873
$62,497
$76,204
$61,740
-
*
156.563
Canadian Pacific Ry.—Earnings-
profits" for that period.
For the 12 months ended
which includes portions- of two fiscal years of the
company, the provision for Federal income and "profits* taxes'reflects
the provision for the nine months ended Sept. 30. 1941, plus the preapplied
873
175,794
value.—-V. 155, p. 397.
par
provision for Federal income and profits taxes for the nine months
ended Sept,".*-,80,.v 19,41,
is based upon the tax. rates now in effect
Sept.
664
;—
trademarks,
1941.
but. not including depreciation,
fIncluding cash discounts
received and allowed, and profit from sundry sales and royalties.
§The
12,568
15,540
30,000
bonds.
^Represented by 9,130 shares 5',<i cumulative participating redeemable
sinking fund preferred stock, par $100, and 99,890 common shares no
expense,
'
*
20,000
— T~
bonds...
Total'
I
.■.'.♦Excluding Ordnance Steel Foundry Co.
•
$1,382,249
157,841
payable
$1,706,261
4,380,747
100,599
________——
Provision
on
$1,125,730
duction cost of castings sold,
;
-
;
——
1941
$1,280,602
676
—
Dividend
$2,172,621
115,429
522,256
% 259.240
$20,824
27,390
hand——_
regular
tax.
$34,160
41,085
31
Aug.
equipment-**—
plant and
Canada
interest1
The
Inc.—Earnings—
Boston Fund,
Balance Sheet,
payable
./'
profits tax3L"__ 1
Excess
.
295,200
366,179
,003
$67,217
68,475
:
Accounts
,n.- v.-.
•
,979
mortgage 6VzS_—
Bond
$1,320,542 : $7,074,872
$6,131,896
Profit
Prov.
for i depreciation_
!§Prov. for Fed. taxes on'
income:
$7,069,202
>
5,770
817
,143
23,252
2,174
Liabilities—
$8,012,546
$2,288,050
943,343 '
584,934
$1,319,725
received
Interest
*', :•■'
'
sell.
&
Profit
~
1858.
$6,721,865
expense.
592,591
profit.:;:
5,708
76,452
75,503
taxes—,
;;■••
♦After reserve
$7,695,276
.
14,143
98,055
-,
portion of excess profits tax,
Long-term
'
-
$1,700,901
91.740
bonds
on
-4Capital stock
1942—12 Mos.—1941,;
152,617.
inet)/
311
$1,724,532
A
(& Subs.) —
-
$6,569,248
„——_
20.000
114
charges
Traffic
;
-
..
week ended Nov. 28, 1942, output was 31,592,000
of 1.5'% over the corresponding week last year.—
increase
p.
•
gross
Admin.
/
preceding
an
156,
castings
20,000
6,000
receivable
Refundable
$0,071
tOther opeiv inc.
;
income
of
Deferred
Statement
1942—9 Mos.—1941
-.-
23,400
depreciation—--.
Vancouver
of
Surplus
sale
officers
1942
Inventories
-
from
34,255
800
——*
bank.and'on
tAccounts
.while on;March 1, 1941, a payment of 25 cents per share was made.
In addition,
an
extra of 20 cents was paid oil Dec. 23,
last year.
:V. .156, p. .1739.
•
:
•
... v
'•
AGi'oss* profit
800
281
etc.,
buildings,
in
City
29 to holders of record Dec. 14.
quarterly distributions of 35 cents per share have - been
this issue from June 2, 1941, to and including Dec. 1, 1942,
Regular
33,582
_*'_•*—______
.
Dominion
declared-on the
has-been
11,541
—,_*_.i„—
expenses
Sinking ..fund
.
cents perwhare
$168,311
Assets—•
payable Dec.
$1,
213
.
$194,067
bonds
profit
Cash
2,754
—_i.
9,648
—
for
Goodwill,
par
SVa'/o
executive
of
for
,
•
$308,962
—
.
♦Land,
.
stock,
—
Dividend on preferred stock—
.
1,895
747
3,791
1,000
comm.,
Provision
Net
1,032
3,880
Dr 113
provision in 1938
charges
Provision
near Whiting, Ind., .to Buffalo, N. Y.
The •
the Texas, Mid-Continent and Illinois fields.—>
extra-dividend of ,25
An
common
1940
$164,593
*_.,*_
*
redeemed-
,
the
authorized
3
1941
$187,350
557
investments—
*
Premium,
,
Burlington Mills Corp.—25-Cent Extra Dividend—
system
increase
Dec.
on
1942
$304,637
**_
,*
loan——*
on
fees
'Other
stock
from
system
•system carries Oil from
$24,283
6,342,177
4.4%—
97,547,061
1
Reorganization
t
Pennsylvania and the New York Transit Co.
The four companies/ each a part of the old Standard Oil Co. (N. J.)
before its dissolution-in.1911, have old: carrying facilities-'.constituting"'
Electric Institute for the week ended Dec, 5,
L
-
stock as part of a
program under which Buckeye will absorb the Indiana Pipe Bine Co, '
and acquire as wholly owned subsidiaries the Northern Pipe Line Co,
output of the Boston Edison Co. as reported to Edison
1942, wgs 33,197,000 kwrh,/
compared with 31,797,000 kwh. for the week ended Dec. 6, 1941, an
Net
;
to 'issue 1,352,000 shares of new common
Period End. Sept. 30—
*$230
Edison Co.—Output Up
Boston
2—
common
Campbell, Wyant & Cannon Foundry Co.
1,490,177
pass.
rev.
112,502,862
fees
Remuneration
(Boston)1,
$22,176
carried-';
9,654,483
first mtge.
On
Interest
; / ■
•
Co.—Common Dividend No.
"
va
'
2,358,310
—•
pass.,
& Newell.
and Geyer Cornell
Inc.,
Co.,
"'Comparative-Income
profit
9,241,633
11,827,818
—
over
income
Directors'
quarterly of $1.25 per share on the preferred stock were
Oct. 1,.'last;—V. 156, p. 1014.
'v '
*
,' ■
company
1942—9 Mos.—1941
1942—3 Mos.—1941
10,983,037
—.
sale of
on
'Interest
Buckeye Pipe Line Co.—Stock Authorized—
*
Berkshire Street Ry.~^EarningsPeriod End. Sept. 30—
Profit
initial
an
made
.
v
Mutual Life Insurance Co.
$500,000.—V. 156, p. 1322.
1,068,655
rentals
Depreciation
Company, Mi". Houghton
business as a Vice-Presi¬
•.
distribution ,of
An "initial
Philadelphia,
$1,000,000;
New England
Rev.
an
of
,500
Dec.* 15.*
record
of
"holders
$2,000,000;
Fidelity Mutual Life Insurance Co. (Phila.) $1,000,000;
Mutual Benefit Life Insurance Co. (Newark, N. J.),,
Net
from
A dividend of 30 cents per share on the present common stock, par
quarterly dividend of $1.25 per share on the 5.',f
preferred stock, par $100, have been declared, both payable Jan. 2 to
Canada, Mont., Canada $2,-
Provident Mutual Life Insurance Co. of
1,236,746
investments
from
$7.50, .and,the.-usual
000,000;
■
Brown
agency
•'.
Durrell
Brown
,
$2,500,000;
;
at
profit
Income
Total
with
both-Sherman K,
156, p. 1859.
.V.
Sun Life Assurance Co. of
sales
Income
;Legal
v '"••>:
(Boston),
Co.
Insurance
Life
88,305,423
....
Years Ended Aug. 31—
,
advertising
the
offices
sales
general
maintains
connection
his
to
identified with
of
(Newark, N, J.)
A■
■
-.
$
8,585.828 101,519,825
10,591,072
156, p. 1859.
Operating
of
Mutual
Hancock
Ave,.,
dent
•
John
H.
.from
The company
N/;Y.. City/ ;
—v.
mortgage
Prudential Insurance Co. of America
3d
1942—11 Mos.—1941
$
$
1942—Month—1941
$
Nov.
„1
sales
Combined
-V.
Ended
Months
:
directors of that company, according to
P., Carruth,
Vice-President ' in. charge
by "the
sales
Previous
was
$7,500,000;
$5,000,000;
of
charge
announcement
,
(New York)
Jan. 2, 45 cents; April I,
Dec. 24, 47 cents.—V. 156,
E.
■operations.'
2%% bonds, Series E, to be
dated Feb. 1, 1943, and to mature Feb. 1, 1973.
The pur¬
pose of this-financing is to insure, prior to the time' of
call, the availability of funds for the redemption on Jan.
1, 1944, of the company's 25-year first & ref. mtge. 5%
gold bonds, Series B.
The new issue was sold at ,98 to
yield 2.85% and was purchased by nine insurance com¬
panies as follows:;
/ v;■.
;: y .':vl.
(.■•." :
Metropolitan Life Insurance Co. (New York) $13,000,000; ■.
:
1 .•.
■
■ * .»
</ '= ■ V-. -' > r - Equitable Life Assurance Society of United States
•
Retail
,
•
,.
Co. of Pa.—$35,000,000 Bonds
Eleven
1905."
by Butler Brothers in
built
was
and
Canadian Bakeries Ltd.—Earnings
-
,
;
it
Month
'
,
.
for
'
f
Privately—Company has announced that it has regis¬
tered with the Pennsylvania P. U. Commission a secur¬
ities certificate covering the issuance of, $35,000,000 first
and
.
and
■.Wholesale sales
Houghton, for the past five years General Sales Manager
of Brown "Company, Berlin,, N. H., producers of pulp,
paper and
other
wood
cellulose' products,
has been elected Vice-President in
The company decided to
purchase these-shares for
2033.
Bell Telephone
-
w,.
.
over
has
feet
Period End. Nov. 30—
.
Company—New Vice-President—
Brown
Harry
Fifth
■
;
1465.
10,000 shares of
to
up
amount
the
lessening
thereby
.
operation
the
in
required
use
purchase
to
planning
is
corporation
credit,
Corp.^—25-Cent Dividend—
1941 were as follows:
1, 25 cents each, and
during
and Oct.
and
Sales
by the War Department is eight stories
Pennsylvania RR. trackage.
Its floor area is
taken
building
basement
•530,000-square
-
-
.
July, 1
cumulative preferred stock at a price not to exceed $35 a share.
action* is taken, according to Neil Petree, President/ because of
This
"The
"and
July 1, Oct, 1 arid Dec. 20, 25 cents each.--
have
Payments
•
on
Apr. I,
2 and
declared a dividend of 25 cents per share
capital stock, payable Dec. 24 to holders of record Dec. 16.
distributions were made on April 1, July 1 and Oct. 1, last.
the
p.
The
each were made on the common stock
Corp.—To Buy Preferred Stock—
Barker Bros.
5!/2
20
*
directors
The
"Similar
151, p. 3551.
on
regular quarterly dividend of 50 cents per
both payable Jan. 2 to holders of record
Street Investing
Broad
L;
,
on
"
of
-156, p. 1146.
J
1, last.
these issues were paid on Oct.
on
V.
of
holders
to
«
share
per
cents
A
Apr, 1, 20 cents each; and
declared
have
directors
The
class
cents
25
15.
Distributions
regular semi-annual payments of inthe series A debentures of 2';«
on the 4''<> obligations and
'
the
on.
of
dividend
July 1 and Oct.-1, last, as against 30 cents each on Jan. 17 and
1942. ■ Common
dividends during 1941 were as follows: Jan.
Payments—
Transit €o.~--Interest
Baltimore
share
a
stock,
stock; apd.the
common
Dec.
have- declared
directors
The
.the
employees will be affected by the change.
In addition
to the sales organization, the company expects to retain
•nearly all of the executives and many of the other employees.
Should
•another distributing house not be established in New York City, a.s
many
employees as possible will
be transferred to others of the
company's
distributing points.
The
Fashion
Goods Buying
staff
located at 225 West 34th St., N. Y. City, is not affected in any way.
"About 900 Butler Brothers
Dividend—
Brillo Mfg. Co., Inc.—25-Cent Common
-
redemption as of Jan. 1,-1943/ a total
•of $4,000 of first mortgage I'.o
20-year gold bonds, due Jan, T, 1948,
at 103 and interest.
Payment will be made at The Hartford-Connecti¬
cut Trust Co,, trustee, 760 Main St., Hartford, Conn.
for
been- called
have
There
-
2095
THE COMMERCIAL & FINANCIAL CHRONICLE
-
.
Corp.
erating
First mortgage
Corp.
Third
lien
Capital
80.000
5'% bonds of Cassco Berkeley Corp.—
contingencies—
*
—
stock ($1
surplus
par)*-,
—
60,000
4,693
J^*^
272.97a
—'
Deficit
Treasury,
Berkeley
—
mortgage
for
1,000
358,000
60,000
—_|
5s/2'i sinking fund bonds of Cassco
-——*——-—
Reserve
Capital
—*
:
stock
£8"2a
(875 shares)—
development
-.least,' we -will .handle^ their
England'and*adjacent-States are located at 860 Broadway, N. Y. City,
lherchandise is--warehoused and shipped from Jersey City.
and' the
$807,529
♦Less allowance for doubtful notes and accounts of $11,492.
tLcsii
allowance lor depreciation of $163,037.—V. 156, p. 863,
Total
L,
.
2096
THE COMMERCIAL & FINANCIAL CHRONICLE
&
Celotex Corp.—New Trustee Appointed—
South
Chicago Railway first mortgage 5s it will amount
the unpaid balance of $650
per bond.—V. 156, p. 76. '
on
Chemical
Bank
Co.
Trust
&
been
has
appointed
trustee
for
the
to
$16.25
Dec.
Company.—V.
156,
Cincinnati Gas & Electric Co.—To
To Increase Common Stock—
1859.
p.
The
Central of Georgia Ry.—Reserves Decision
Interest
on
announced
Dec.
he
that
2
would
direct
A
the
trustee, Merrel P. Calla¬
way, to submit a plan of reorganization within six months.
Judge Lovett ordered the appointment of a committee to act in an
advisory capacity to Merrel P.
Callaway.
The
committee
will
be
representative
first
of
bonds,
mortgage
consolidated
bonds,
rehabilitation
$15,000,000
Each
of
the
will
be
the
represented
groups
desire
a
to
the
see
under
.this
on
Petitions
New
advisement
of
be
five
committee
given
will
for
of
of
payment
those
were
direction
the
of
of
Central
Hanover
trustee
to
trust
fund,
bonds
on
of
Chattanooga,
&
two
for
&
Co.,
payment
of
back
that
interest
be
it
$650,000
to
in
divided
amount
three
of
holders,
mortgage
$150,000 to Chattanooga, Rome & Southern bondholders.
In
order
gested
for
to
the
the
expenditures
rails,
new
equipment
said
maintain
must
be
for
engines
retired
in
five
the
Earnings
for
from
Net
ry.
and
for
Year
to
1941
from
Net
from
Net
ry.
—V.
156,
1940
Central
The
718,425
376,253
18,190,671
13,621,614
12,812,702
5,248,973
1,794,875
1,677,710
3,679,933
418,360
494,194
of
Dec.
to
28
Dec.
on
holders
of
previously declared
of
record
will
Nov.
amount
stock
March
on
After
$19
share
each
16,
June
and
of
Sept.
$3.50
preferred
payment
the
15,
said
of
$3
Dec.
on
share
per
share,
per
15
to
dividends,
on
payable
the
1941
and
15,
6%
last.—V.
156,
p.
$1
Dec.
to
to
exceed
on
1939,
has
holders
Sept.
on
Dec.
27,
share
per
18
made
directors
of
Sept. 26,
and
shares
30
and
and
par
of
gold
the
outstanding
bonds
(now
first
been
have
8
called
for
Co.,
Holders
of
redemption
and
the
mortgage
redemption
of
as
above-mentioned
price,
surrender
plus
interest
said
of
March
bonds
bonds
to
the
at
at
may
March
1,
1943,
1,
Sept.
office
of
last,
In
March
dividend
a
capital
trust
company.
1942,
the
25
50
At
on
and
extras
The
paid
Dec.
on
the
first meeting of the new directors of this
company held on
George S. Williams was elected Vice-President and General
Manager, and William F. Wyman, General Superintendent.
Fred D.
50
of
the
stock,
$1
property,
Carro l
Chief
is
and
stock
common
W.
B.
Maine
Power
President
concluding
Mr.
Wyman
Other
of
Waterville
Officer
Vice-President
a
the
Co.,
officers
elected
S.
the
of
of
both
included:
caused
vacancy
Wyman,
activities
merger
President
was
fill
to
Walter
who
the
passed
two
by
the
just
away
and
death
as
The
board
new
and
of
Colonial
business
paid to
Utilities
Dec.
$2
Dec.
on
Morris
Me.;
George
Me.;
Robert
Me.;
Homer
H.
lien
Nov.
23
paid
to
of
declared
1942,
bonds,
trust
6%
18,
initial
last.—V.
A.
R.
of
12 V2
following
156,
dividend
a
of
of July
withheld
1,
as
be
due June
1,
due
be
15,
1939.
share
per
778.
was
directors
G.
Duckworth
Abelt.—V.
of
Secretary,
D.
Gilbert
division
156,
SEC
of
has
the
been
made
was
has
elected
General
and
company
the
granted
the
at
the
corporation
will
hold
made
Sept.
Petroleum
Co.—V.
of
Co.
156,
also
asked
be
to
control
Southern
&
Account
operating
for
the
approve
of
Panhandle
sale
Ohio
12
Electric
Months
Ended
Vice-President
a
30,
1042
depreciation..—^
for
taxes
earnings
from
income
947,018
1,799,294
.
:
increase in
1,415,628
1,370,264
—
(estimated)
estimated
*
5,419,193
T—_
■
for
income
Provision
Phillips
Pipe Line
Co.—Earnings—
Sept.
local and miscellaneous taxes—
Federal
Federal
—.—
taxes—.:
....
368,131
$3,855,911
—
(net)
U'-iL.
Secretary,
to
11,402
debt
Amortization
of
preferred
charged to
close
of
application
no
par
business
of
common
Nov.
the
NYSE
stock
30.—V.
of
156,
Mr.
$3,867,313
...
discount,
935,458
premium
and
expense-
79,127
discount
and
expense-
15,000
stock
construction
Cr86,114
23,834
.......
—V.
income
156,
p.
'
691.
$2,900,007
y ■
Announcement
to
strike
from
690.
will
Potomac Telephone Co.
&
(Baltimore)—
Telephone Station Gains—
The
had
company
compared with 2,524
For
the
stations,
1940.—V.
first
11
made
was
the
board, that this
presently authorized
p.
of
with
the
2,046
during November,
1941, and 1,977 in
November, 194o!
current
31,872
stations
Dec.
on
4
by A.
E.
Duncan,
Chairman
of
had purchased more than 84 % of the
outstanding shares of the capital stock of
company
and
Casualty Insurance Co. of Philadelphia, representing
deposited under the offer of Manufacturers stockholders on
Nov. 12,
1942, which expired on Dec, 3 (subject to further extension
of 20 days).
in
1941
the
year
and
net
21,264
gain
in
was
like
9,386
period
of
1324.
order
their
of
shares
that
stockholders
under
the
selling their stock
offer,
Commercial
deposited such
fore
Surface
Lines—Bond
Interest
Payment Au¬
thorizedFederal
izing
the
of
the
The
companies
panies- of
The
will
1942,
of
L.
three
interest
Calumet
the
Chicago
interest
amount
Dec.
Chicago
to
payment
$18.75
the
&
1
entered
surface
on
the
3
p.m.,
Dec. 23,
Land
Title
on
on
on
a
basis
Co.
Manufacturers
offer
as
has
shares
be
favorable
may
announced
of
stock
who
as
that
that
as
did
afforded
an
not
deposit
opportunity
contained
in
the
it will purchase as
deposited on or be¬
are
1942, at the price of $40 per share,
less
transfer
an
order
&
Trust
Co.,
p.
Broad
and
Chestnut Sts.,
Phila¬
Chicago City Railway, Chicago Rail¬
Chicago Railway, all operating com¬
Lines.
the
the
Chicago
unpaid
Railway
balance
of
first
$750
City Railway Co. first mortgage 5s it
the unpaid balance of $850 per
bond, and
mortgage
per
will
on
bond'
amount
the
5s
on
to
Calumet
The
of
this
weekly
kilowatt
corporation
hour
output of electric energy of subsidiaries
adjusted to show general business conditions of
territory served for the week ended Dec. 3, 1942, amounted to 228,915,725, as compared with 199,390,405 for the
corresponding week in 1941,
an
increase of 29,525,320 or 14.81%.—V.
156, p. 2036.
Consolidated Cigar Corp.—$1.50 Year-End Dividend—r
The
per
as
directors
share
on
the
on
Dec.
common
4
declared
a
by
proposed
a
the
in
step
Co.
and
>
certain
of
its
subsidiary
and
declarations
and
amend¬
the
Public Utility Holding Company Act of
regulations promulgated thereunder regard¬
to
redeem
trust
principal
assumed
Central
Gas
&
Electric
sinking fund bonds (Cengas bonds) in
of $7,455,100, due in 1946. at 102.
amount
Consolidated.
from
turn,
to
propose
companies
in
issue
order
and
to
sell
bonds
their
acquire
Indiana, Florida,
the
Houghton, and Maine
bidding requirements of
competitive
in
regard to their respective proposed bond issues, the
three
proposed
bond
issues
being automatically exempt
the terms of the Rule.
Two
transactions are to be
by
prior to the
Consolidated proposes
issue
and
sale
of
the
proposed bonds.
to sell its Baraga securities to
Houghton,
Baraga will declare a liquidating dividend and its assets
acquired and liabilities assumed by Houghton.
Second, Con¬
be
latter
New
of
legal
two
The
sell
the
Brunswick
securities
Electrical
difficulties,
companies is not practicable.
transactions are a step
Consolidated
lien
companies,
Electric
the
on
and
of
Co.
of
its
company,
to
Maine.
Ltd.,
a
of
merger
the
simplification program
system.-
the
cumbersome
subsidiary
Co.,
indicated,
in the
Gas
securities
elimination
of
Power
hereinafter
proposed
the
of
to
proposes
and
Extinction
of
a
aforementioned
restrictions
subsidiary
indenture,
and
capital
in
the
merger
of two functionally interrelated companies
tie-up of two other such companies are cited as steps in the direction
corporate, economic and functional simplification.
of
.
Baraga
.
Merger
Into
Houghton
and
Issuance, and
Michigan
a
corporation,
Houghton
Bond
<
Sale
is
V%:%■';
electric
an
wholly owned by Consolidated.
It
plant
Michigan.
the
on
its
Sturgeon River
electrical
village
the
County
affiliated
to
energy
in
about
and
owns
200
rural
of
Baraga at wholesale.
Its
of Baraga, Mich.
The bulk
utility company
a hydro-electric
operates
Baraga
sells
customers
of
its
small
a
at
operations
retail
is
energy
part
and
confined
are
sold
to
to
its
to
Houghton, pursuant to an agreement under which
Baraga sells Houghton all Its power over and above that required in
Baraga County.
Baraga has been in fact a generating division of
company,
Houghton
has
and
operated
such
as
hydro-electric plant In 1930.
Houghton, incorporated in
since
the
construction
of
its
%
Michigan
in
1902,
generates,
transmits,
and distributes electrical energy in 27 communities in
Houghton County
with a population of approximately 41,000.
Houghton puichases ap¬
proximately 40% of its energy requirements from Baraga and the
an
from
the
arrangement
quirements
Copper
whereby
and
over
District
that
above
Power
Baraga
Co.,
a
non-affiliate, under
all
Houghton re¬
Houghton also owns
supplies
company
the
supply.
standby steam plant of 6,500 kilowatt capacity.
capitalization of Baraga consists of $280,000
The
bonds, due Oct.
Life
1,
Insurance
and pledged
trust
gold
1960.
Co.,
which
and
by Consolidated
bonds.
shares
under
Consolidated
$270,000,
purchase
note
acquire
($10
par)
indenture
an
to
proposes
common
securing
obtain
the
stock
owned
its collateral
release
of
the
as
a
pledged security and sell it to Houghton,, for
approximately the net book equity of the stock.
The $270,000
price will be paid with a non-interest bearing demand note
and
$200,000 and 2,800 shares of
stock
common
all the
will
be
of
assets
Baraga
common
stock
at
series due
1962,
to
($25 par).
pledged by Consolidated under the
the
and
terms
thereof.
its
assume
Houghton will
liabilitiles.
obtaining Baraga's assets, Houghton proposes
1001/2
$1,300,000
first mortgage
bonds, 33/4%
Upon
sell
first mortgage 4%
by The Northwestern Mutual
owned
are
10,000
stock
common
four insurance
companies.
satisfaction of the
The
to
issue
and
sinking
proceeds
are
fund
to
be
applied to the payment and
$200,000 purchase price
6% demand notes payable to Consolidated in the
aggregate face
amount
bf $800,000 and to the redemption of the assumed
.note,
bonds
in
Baraga
the
principal
amount
of
$280,000 at 106V2.
The balance of
the expenses of the financing.
The Michigan Public Service Commission has
approved the merger
of Baraga and Houghton,
Houghton's issuance ana sale of common
stock
and
note, the acquisition of notes by Houghton,
Houghton's
$8,300 will be used
assumption
Since
amount
1861.
Commonwealth & Southern
Corp.—Weekly Output—
author¬
companies to pay
first mortgage bonds
transactions
System.
of
to pay
Baraga's
part of
outstanding
bonds,
Houghton's
issuance
and
sale of bonds and application of the proceeds.
i
Bank
delphia, Pa., is depositary.—V. 156,
lines
5%
South
Surface
Chicago
$21.25
on
instalments
include
and
U-50
the
of
year-end
stock, payable Dec. 24
to
dividend
holders
of
of
two
the
will
Igoe
respective companies.
Co.
ways
Michael
receivers
Aug. 1,
the
the
Judge
on
Credit
The
of
previous
additional
tax.
Chicago
Gas
Cengas indenture in accordance with
Manufacturers
In
of
gain
in November,
months
compared
156,
net
a
of
subsidiaries
Electric
,
exemptions
Because
The
shares
Chesapeake
and
applications
to
proposes
in the amount of
Commercial Credit Co.—Purchase Offer-
Chesapeake Corp.,
p.
...
debt..—....
of
and
succeed
filed
rules and
collateral
from
solidated
a
...
long-term
on
Amortization
Net
Co.
lien
remainder
operations......
earnings
Interest
Baldwin-
and
pursuant
following:
Baraga,
$15,175,438
A-.
Provision
Net
series
a
Co.
and
to
Eastern
revenues
Miscellaneous
Manager of the
the
Maine
y,-.
Maintenance
Other
Gas
Consolidated
Electric
aggregate
of
Operation
Net
approved
&
the
certain
the
Income
Total
will
Columbia's
in
consummated
21,
1861.
p.
Columbus
State,
was
whereupon
and
meeting in
winding up affairs
for
of
Service
First,
the close
on
2
Electric
thereto
therefrom
surrender
special
a
Dec. 30 to yote on a-plan
on
for
and
included
as
following is taken from the findings and opinion of the SEC:
remaining
of
Dec.
on
first
Rule
share
per
'y'
1687.
p.
listing and registration the
effective
of
1941,
corporation.
Stockholders
Chesapeake Corp.—Delisting of Common—
The
the
Interest
Co.—Changes in Personnel—
SEC
subsidiary companies, in
privately to certain insurance
Columbia Oil & Gasoline Corp.—Dissolution Action—
Wilmington, Del.,
1,
rates
tax
(approximately 31%).—V. 156, p. 692.
These
1941
$6,428,116
account
1950.
p.
Sept.
actual
applic¬
recently
income
Consolidated plans to raise the cash
necessary to redeem the Cengas
bonds
by having the above-named subsidiary companies
(with the
exception of Baraga) acquire certain of their respective debt securities
owned
by Consolidated
and
pledged under
the
Cengas indenture.
.
upon the
was
to
the
corresponding week of 1941, a decrease of 4.2%
Local
electricity amounted to 159,700,000 kwh., compared
kwh. for
the
corresponding week of last year, a
2,6%.—V. 156, p. 2036.
of
divisional
share
1941
Federal
to
up
1941
tax
with
of
the
1958, of Colonial Utilities Corp.
1, 1942, of Colonial Utilities,
per
rate
for
$1,182,663
income
the
Consolidated
Feb.
cents
Act of
Co.
1942.
10
Provision
•
30%
a
Federal
accordance
163,800,000
and
ing
record
are surrendered
in exchange for capital
Corp. pursuant to said plan, but in no event
of
at
was
in
companies, Central Indiana Gas Co., Baraga County
Light and Power
Co., Citizens Gas Co., Florida Public Utilities Co., Hoosier Gas
Corp.,
Houghton County Electric Light Co.,
Lynchburg Gas Co. and Maine
year,
before
the
1942.
subsequent months of
Consolidated
cents
75
of
last
cents
1941,
for
issued
of
estimated
on
Dec.
9
announced
that
System output of elec¬
(electricity generated and
purchased)
for
the
week
ended
1942, amounting to 163,100,000 kwh., compared with 169,900,000
ments
of
Dec.
p.
25
Act
for
computed
company
for
1935
23,
on
cents
made
periods,
periods
in
Revenue
The
1941,
holders
1940,'and
$814,399
been
1942
Revenue
1941
&
——
the
Consolidated
share
T.
Abelt,
$1,080,094
divs.
com.
simplification
bonds
distribution
156,
shall
bonds,
of Colonial Utilities
Thomas
Waterhouse, Biddeford, Me.; Philip Dana, Portland,
Me.; Harry M. Verrill, Portland, Me.; William F.
Wyman, Augusta,
Me.; William O. Hay, Jr., New York; and Horace C.
Flanigan, New
York.—V. 156, p. 2034.
director,
$885,662
to
The
to
Corp.—Larger Dividend—
when such
and
as
An
Perry,
Chain Belt
72,000
decrease
made
per
the
29,
Dec.
on
15, 1942.—V.
Corp., dated
11,
5J/2%
collateral
prior to Dec.
companies.
Maxcy,
B.
72,000
on
28
were
cents
dividend
paid
23,
to whom such stock shall
persons
first
and
adjoining properties.
includes: William B. Skelton, Lewiston,
Augusta, Me.; Carroll N. Perkins, Waterville,
Rockland, Me.; George Otis Smith, Skowhegan,
S. Williams, Augusta, Me.; Fred D. Gordon,
Portland,
Braun, Portland, Me.; Nathaniel W. Wilson, Augusta,
Everett
Me.;
54,000
declared—
for
.
on the
capital stock, payable Dec. 18 to stockholders of record Dec. 11,
provided, however, that such dividend with respect to capital stock
issued under the plan of reorganization of Colonial
Utilities, Inc.,
he
Gorham, Vice-President;
H. D.
Jennings, Vice-President and Treasurer; E. H, Maxcy, VicePresident
and
Secretary; Charles Totman, Assistant Secretary and
Assistant
Treasurer;' A.
T.
Littlefield,
Assistant
Secretary;
R.
E.
Brackett, Portland, Assistant Secretary and Assistant Treasurer; I. R.
Fossett, Assistant Treasurer; W. H. Kimball, Chief
Accounting Officer;
G.
D.
Hegarty, Clerk.
Me.;
54,000
divs.
kwh.
not
Stockholders
elected
was
in
new
former
was
Perkins
13,858
$1,254,663
with
50 cents
1942
8
106,120
157,270
$1,152,094
securities
Dec.
107.601
.....
■distribution
dis¬
share
per
$8,850,135
on
695,231
80,447
$939,662
Dec. 6,
1688.
directors
529,884
80,768
$868,399
The
$1.75,
25 cents each.—V. 156,
extra
was
dividend
on
519,197
disct.,
Consolidated Electric & Gas Co.—SEC
Approves Steps
In Simplification of System—
each
Dec.
on
1941,
an
Dec.
on
quarterly
Colonial Utilities
Vice-President.
a
absence, or disability of the President.
office created by the board.
Skelton, Lewiston, had already been elected President of
a
Central
of
N.
Executive
This
elected
was
709,481
debt
(net)..
Consolidated Edison Co. of New York,
Inc.—Output—
capital
similar
with
$1
25
company
payable Dec.
share
per
each
cents
regular
156, p.
The
formerly General Manager of the Cumberland County Power
Light Co., which company has just been merged with the Central
debt
10,993
request
of
funded
157,336
tricity
Gordon,
&
926,609
$2,241,392
13,858
.
Colonial Stores Inc.—Sales Higher—
4,
Maine
940,632
$2,123,255
117,612
the
:
declared
10
common
extra
of
last
on
stock
the
709,208
$1,681,462
155,
' v..:
payable
cents
with
cents;
31, June 30 and Sept. 30,
directors
An
Inc.,
Central Maine Power Co.—Officers & Directors—
714,263
691.
p.
of
stock,
of
compared
as
addition,
31,
A
1940,
156,
.
15.
Dec.
and
Trust
presentation
upon
the
103
&
on
surplus
Co.—$1 Dividend—
Distributions
30,
21,
5 Weeks Ended Nov. 28—
time receive the
any
1943,
at
Bank
munic.
10,858
year-end
the
on
compared
1936.—V.
.
share
per
—V.
National
121,857
345,000
117,537
Public
preferred
To Sell Bonds Privately—See Consolidated Electric &
Gas Co.—V. 156, p. 2034.
Dec.
a
interest.—V.
11.
Dec.
as
$2 on Dec.
21,
declared
18.
615,234
125,450
344,961
expense.
Bal.
Colgate-Palmolive-Peet Co.—Extra Dividend—
and improvement mortgage 5%
bonds, senes A, due Sept. 1, 1957,
Payment will be made at the City
208 South La Salle St., Chicago, 111.
&
of
.enacted
declared,
.
record
last,
1941;
Dec.
700,306
96,954
interest
Pref.
refunding
interest.
461,802
258,750
chgs. against inc.
follows:
y--5, \"v
been
of
25,
outstanding
quarters.
March
on
of
Dec.
dividends:
1016.
Dec.
on
record
preceding
extra
2034.
Central Indiana Gas Co.—Bonds Called—
$4,250,092
76,011
■^Deduction has
Sales
All
as
were
40 cents each, and Dec. 29,
at prices not
1941; $1
June
in
holders
arrearages
$6
on
$4,234,605
$1,596,759
Balance
380 Seventh Ave., N, Y. City, will until
1942, receive bids for the sale to the company as
of general mortgage bonds to an amount sufficient
of
was
on
The
stock,
4,347
$3,208,175
$4,245,745
Other
which was followed by
during
1943.
made
were
16
of
Jan.
on
6%
A
will be made
payment
per
$1.50
of
and
11.
Dr2,821
Other
the
on
1942—12 Mos.—1941
$4,237,426
571,397
& prem,
exps.
Pittsburgh RR,—Tenders—
$31,550,
100,000
on
Co.—$3.50 Additional
dividend
a
$6
Dec.
these issues,
on
20.
to
Distributions
the
on
record
1943,
payable
27,
the
Account of Arrearages—
declared
1
accumulations
Service
30, last,
made
were
156,
1942.
stock
Coleman Lamp & Stove
190,285
on
June
30.
each
24,
each
1938.—V.
2,626
....
Amort,
....
The
296,490
247,729
Public
31,
dividend
A
and
Illinois
directors
account
2,
tribution
$1,440,451
5,923,425
Declared
and
Sept.
common
cents
49.
p.
Dividend
31
on
25
cents
258,385
Balance
adjusted
1939
$1,607,776
1687.
p.
cents
the
of
14,
Dec.
on
75
$3,205,549
..........
taxes
>
Co.
a year-end dividend
of $1 per share
regular quarterly dividend of $1.25
stock, both payable Dec. 30 to holders
preferred
and
Jan.
$3,216,814
earnings.
State
the
each
8,006,482
railway
income—
"Fed.,
the
and
issue
1940,
on
$3,217,577
Operating costs
each
Dec.
holders
oper.
of
Schotter, Treasurer,
Dec.
558,773
23,554,837
directors
W.
stock,
he
1,402,936
railway
Gas
Dividend—y ;
;
,
From Jan. 1—
Gross
of
Coca-Cola Bottling Co. of New York, Inc.—To
Pay $1
new
1,033,367
income-.,-
boards
this
on
24,
and
Dr763
gross
m.,
p.
Date
'
Total
to
which
-
and
$2,102,501
railway-
oper.
equipment
years.
$3,095,338
railway-
$8,877,000
replace
1942
from
Net
to
cars
October
October—
Gross
improvements
and
1,000,000
p.
and
railway in good condition, Callaway sug¬
a
five-year period as follows: $4,914,800
over
$1,457,600
including
the
Dec.
on
1939,
1942—9 Mos.—1941
revenue...
income
H.
$1,150,000,
$350,000
ways:
consolidated
&
Distributions
Cleveland &
Southern
Jan.
recommended
by
oper.
Other
declared
9
March
50
on
exhaust
offering
the
able
bank
to
mortgage holders,
to
Period End. Sept. 30—
Gross
"
March 31, June 30 and Sept. 30,
of 80 cents.—V. 156, p. 1740.
of
trustee
Dec.
5%
on
of
payment
Payments
operation.
While
750,000
and
made
was
$1
14,
Maintenance
Electric
19.
stock
common
a
Dec.
3
the
from
Co.
on.
approved
stock
the
on
record
RR., petition of the same bank for establishment of 6% as an interest
rate
on
first
mortgage
bonds,
and
application
of
the
trustee
for
permission
to
purchase
needed
for
equipment
maintenance
and
first
Water
with
Jan.
on
Connecticut River Power Co.—Earnings-
of
Co.,
reor¬
same
Rome
Electric
1950.
p.
on
common
share
per
deci¬
a
directors
the
on
urged
Trust
the
been
156,
&
Interest
personnel.
plan
a
of
has
voted
Consolidated
The
Lovett
Bank
submit
application
be
shares
common
agreement
an
Gas
Cleveland Graphite Bronze Co.—Year-End Dividend—
for
have
committee
the
of
railway's
interest
nominations
Judge
approving
Citizens Gas Co., Stroudsburg, Pa.—Sale of Bonds Pri¬
of
proceed,
will
plan
See
years.
the past due interest, but
promised
litigation before Christmas.
phase of the
heard
York,
ganization
for
period
the
on
matter
attorneys to make immediate
took
sion
authorization
a
on
distribution
compared
1940;
vately—
named.
Expressing
He
and
over
17
refunding
with possibility that representatives from unsecured creditors
members,
also
five
program
Dec.
similar
as
12,
1942
1861.
p.
Merger—
on
A
year,
Jan.
Depreciation
advisory committee to the trustee.
the court that partial payment of
Mr. Callaway recommended to
$1,150,000 on back interest be made
a
also
The
chairman of the
as
vote
increase
to
company.—V.
general mortgage bonds, divisional bonds and the RFC.
Judge Lovett suggested that Harry Hagerty, Treasurer of the Metro¬
politan Life Insurance Co. and chairman of the refunding bondholders'
serve
proposal
shares
and
committee,
will
Vote
merger proposed to be entered into by Cincinnati
the Hamilton Service Co., the Loveland
Light &
Harrison Electric & Water Co.
Reserving decision on petitions of creditors for payment of $3,000,000
overdue interest on bonds of the company,
Judge A. B. Lovett
in
stockholders
14.
last
on
debentures dated Feb. 1, 1937, effective Dec. 9, 1942, to
the vacancy caused by the resignation of Bank of the Manhattan
10-year 4Va %
fill
Monday, December 14,
have
are
closely
insure
and
the
the
companies have been
operating savings
effect
of
interrelated
preservation
efficiencies of
will
consolidating
into
of
one
the
practically operated
be
slight.
two
However,
companies
corporate
integrated
unit.
and
the
whose
The
one,
merger
concomitant
the
merger
operations
will
economies
operations
resulting therefrom.
Furthermore, it is
believed that the properties will be more readily salable as a unit.
Houghton is to pay Consolidated $270,000 for all of Baraga's capital
-stock.
The price is approximately equal to the net book
equity of
the
stock
net
earnings
stances
we
and
do
is
for
equivalent
the
not
year
find
to
ended
that
the
a
10.75%
June
price
capitalization
30,
is
of
1942.
the
(Continued
on
Under
unreasonable.
$1.60
record
as
page
2127)
Baraga's
circum¬
THE COMMERCIAL &
Number 4133
Volume 156
Stock and Bond Sales
DAILY
NOTICE—Cash and deferred delivery
furnish
we
daily record of the transactions
a
during the current week.
Stock Exchange
4
Vis, 1947-52
WEEKLY
-
Securities
Dec. 8
Dec. 11
Dec. 10
Dec. 9
Farm Mortgage Corporation coupon bonds on the New York
32d of a point. (See note below).
Close
(High
Low
[Close
\
2Vas, 1956-58
units
Total sales in $1,000
2'/as,
J
Low
[Close
Total
$1,000 units
Total
Low
Vis, 1967-72
2
Low
units
(High
2%s, 1952-55
Low
[Close
units
Close
Total sales in $1,000 units
(High
"High
2 Vis,
Low
Close
Total sales in $1,000 units
(High
(High
Total sales in $1,000
Close
109.3
Low
109.3
109
High
Total sales in $1,000 units
High
104.25
Low
[Close
104.25
Close
units—
Total sales in $1,000
1
(High
(High
i Low
1949-1951
Sept.,
2s,
| Low
[Close
[Close
2 Vis,
Low
1949-51
2s, June,
104.25
$1,000 units
Total sales in $1,000
Low
[Close
2s, Dec. 1948-50
1
5
units
Vis, 1948-51
—
(High
109
Close
Total sales in
Total sales in $1,000 units
109
109.3
1955-60.
Low
■
Close
3
High
2
1948-50
110.2
units
1945-47
High
2s. March
110.2
Low
[Close
Total sales in $1,000
units
110.2
(High
4
Total sales in $1,000
Low
■
Total sales in $1,000
units
1951-55-
1947
2s,
| Low
[Close
2 Vis,
Low
[Close
1954-56
units—
1946-48
2 % s,
Low
•
—
1949-52.
Low
•
Close
\
Total sales in $1,000
units
Total sales in $1,000
units
High
(High
Low
1951-54
2s,
Low
1949-1951
Dec.,
Close
Close
Total
sales in $1,000 units
sales in $1,000 units
Total
[High
(High
Low
[Close
) Low
(Close
1950-52
2s,
\
2Vis, 1956-59
sales in $1,000 units
Total
Total sales in $1,000 units—
(High
Hlgn
2 Vis,
1958-63.
1951-55
2s,
Low
Close
Close
Total sales in $1,000 units
(High
(High
[Close
(Close
Federal
3
Close
Total sales in $1,000
units
Total sales in $1,000 units
'High
(High
1%»,
\
1948
Close
Home
105.28
(High
■{ Low
lVaS, 1945-47
HIGH
f per share
49%
112
*33
36
*40%
t per
48%
41%
112
*33
35
*33 %
35
*33%
42%
*40%
42
*40%
7%
16
37-%
36%
65
3
O
25
16%
16
16 '/a
36%
3 7'/a
36%
85
3'/a
*80%
0
32
3 J
A
4%
4%
4 V4
4V4
*4V4
5
4V4
4 V4
-4%
12 3/4
13
12%
12%
12%
17V4
64
173%
18
*56
83
A
%
4%
43/8
4%
5,200
4%
4%
4%
*4%
4 5/8
43%
4%
1,600
12%
12'/a
12%
*12-%
12%
12 V4
12%
700
X17V4
17%
*58
64
6
1353%
*10%
10%
10%
10%
10%
10 %
10%
*15
15%
15
15%
15
15
15
6
6 %
6
6 %
6
24 %
17%.
75
5V4
136
*72 V4
10%
10%
*10%
15
15%
15%
15%
6 '/a
5%
6%
6%
6
11
15%
6
600
Chemical
&
1
Dye
Allied
5%
No par
Corp
100
preferred
17V4
17 3/4
800
Alpha Portland Cem
400
Amalgam Leather Co Inc
%
11%
11
11
•10%
68%
69
67%
68
*67 Va
68
23%
23 %
*23
23%
23 Va
23%
24
*23
24
463%
46
46','4
46%
46%
*23
T
47
46 Va
46%
*V4
*10%
12%
200
68%
68%
2,800
*23
46%
23V4
300
47%
5,700
Allis-Chalmers
Mfg
6%conv preferred
Amerada
Am
par
No par
Allied Mills Co Inc
5,800
Stores
_No
5
Allied Kid Co
1,100
17%
*9
Allied
No par
-100
Allen Industries Inc
2,200
-*3/4
69
page 2107.
1,100
17%
*68
see
6
139%
%
69
For footnotes
Alghny Lud Stl Corp
17%
69
46%
preferred-No par
12,900
12
*46
$2.50 prior conv
25Vs
*3/4
10
Min
24%
*17%
V4
Gold
25%
%
*
Juneau
Alleg & West Ry 6% gtd
64
100
Vicksburg Ry Co_™
25'/a
17V4
*17%
&
Albany & Susq RR Co
100
Allegheny Corp
No par
5% % pf A with $30 war_™—100
5%% pf A without war
100
500
25%
3%
4,200
No par
Reduction Inc
Alaska
par
10
733/4
25 Va
13
No
Corp
73%
25%
173%
17%
May 14
No par
Express
Adams-Mills
75
25
3%
6
10%
6%
*733/4
13
•
6
Xl39%
73%
*17%
*58
64
139V4
73 %
17%
%
53/4
17%
17 3%
139V4
141
73%
25%
13%
5%
*5%
139%
73 '/a
24%
*3%
53%
139
17%
*58
75
24%
*12'%
5V4
137
6,600
%
4%
6
5V4
8,600
100
055
31
25
7,900
&
18%
Adams
Ala
3%
86
Mar 24
Acme.Steel Co
Air
65
3
83
May 14
104
-
Address-Mutigr Corp
4%
,
13534
136
♦61
3%
82%
37
100
No par
preferred
4%
1,700
3*2
5
64
*56
65
3%
400
38%
38
7,200
4 3/4
U
A
17%
64
33
7%
16%
16
82%
3%
3
*80%
83
3 7 3/a
300
25
*24
i,
16%
16
*61
65
*61
65
3
37%
7%
7%
25
*24
25
*61
3%
*80
x7%
8
7%
8
25
16%
37Vb
*61
3%
85
7%
*24
No par
Abbott Laboratories
Abraham & Straus
41
243/4
65
30
35
*40'/4
7%
*723/4
900
41%
16
173%
49 %
110
110
35
24%
*56
49%
49 3%
*40%
7%
0
32
share
111
*110
I per share
Par
Shares
*33
16 y4
4%.
111
share
40'%
24%
3%
49%
50
>110
per
34 V4
7%
*80
50
50
110%
I
40%
*23%
*61
47%
I per
*33 %
*16
37%
1 per share
110
S per s7iar»
EXCHANGE
the Week
Dec. 11
Dec. 10
STOCK
YORK
Petro Corp
Agric Chem
CDel)
American Airlines
[nc
Range for Previous
Range Since January 1
On Basis of 100-Share Lots
Lowest
Highest
STOCKS
NEW
Sales for
Friday
Thursday
Dec. 9
Dec. 8
share
*48%
*110
JCash sale.
fDeferred delivery sale.
sales.
RECORD
SALE PRICES
Wednesday
Tuesday
Dec. 7
110
Low
[Close
bonds.
LOW AND
*48
•
Total sales in $1,000 units
in registered
Monday
Dec. 5
2
(High
NEW YORK STOCK
Saturday
103.1
units
units
transaction
no
103.1
'
"■Odd lot
were
Low
•
Total sales in $1,000
L
(Close
There
103.1
[High
Close
[High
j Low
Total sales in $1,000
Owners' Loan
105.28
sales in $1,000 units
ttta, 1950-52
in $1,000 units
3s, series A, 1944-52
105.28
[Close
Total
Low
•
Total sales
units
Total sales in $1,000
IVil, 1949-53
1944-49
3s,
Low
[Close
*
(High
Low
Mortgage
Farm
Vis, 1944-64
Low
1945
Close
I
sales in $1,000 units
Total
units
(High
2 Vis,
Low
1953-55
2s,
—| Low
sales in $1,000
Total
Low
•
Total sales in $1,000 units.
2Vis, 1960-65
1
Total sales in $1,000 units
—
(High
3s,
100.18
;
Vis, 1951-53
Close
3s,
100.18
High
Vis, 1944-46
Vis, 1946-49
100.18
(High
Low
■
-
Total sales in $1,000 units
1
High
3 Va s,
units
Close
2
102.6
Close
Total sales in $1,000
in $1,000
sales
102.6
Total sales in $1,000 units—.
3
2
(High
_J Low
102.6
"High
Total sales in $1,000
100.2
units
$1,00
:—
Vis, 1943-45
3
in
100.2
[Close
Close
3
sales
1963-1968
2%s,
Low
——■
-
sales in
100.2
(High
■( Low
[Close
1962-67
$1,000 units
(High
Total
Dec. 11
units
Total sales in $1,000
(High
3%s, 1943-47-
Dec. 10
Dec. 9
Low
Total sales in $1,000 units
Total sales in
Dec. 8
Dec. 7
High
2'/as, 1952-54
Low
[Close
3%s, 1946-56-
Dec. 5
Daily Record of U. S. Bond Prices
Treasury
$1,000 units™——
High
1944-54
the New York Stock Exchange
on
(Close
4s,
taken of such sales in computing the range for the ye*r.
in Treasury, Home Owners' Loan and Federal
High
Low
■
sales in
Total
YEARLY
-
Figures after decimal point represent one or more
Dec. 7
Dec. 5
Prices
Daily Record of U. S. Bond
Treasury
New York Stock Exchange
unless they are the only transactions of the day. No account is
sales are disregarded in the day's range,
United States Government
Below
«»
2097
FINANCIAL CHRONICLE
No par
—No par
1
50
No par
No par
10
39
Sep 9
5% Apr 24
183% Jun
8
10
Mar 27
29% Apr 28
61
Jan
6
13% Mar 24
69 Va July
Jan
3% Apr
3% Apr
93/a Jun
15
2
17
18
23
I per share
t per share
50
Dec
43
9
4
38% Oct 23
69
Oct 22
Dec
16% Dec
4
943%
%
63/a
6%
17
Nov 23
Feb 10
Oct 5
Nov 6
Nov 7
Jan 27
22V4 Jan 2
73% Feb 27
9
7
Dec 2
149
Jan 6
12% Jan 26
16% Nov 18
3% Apr
6% Nov
81
Jan
30% Jan
19% Nov
1% Jan
18% Jan
70% Oct
24
Nov
12
13
3
12
26
27
48% Dec
1
22
4
553%
Dec
54%
Sep
43%
Dec
513%
Jan
5%
Apr
8%
Dec
17 3%
Dec
24 V4
9%
X
Feb
34
Jan 12
483% Jan 13
8% Nov 9
25
Highest
I per share
46
8
110% Oct 16
16
May 25
57% Nov 28
118% Apr 28
10
May 25
11% Apr 24
4
Apr 28
64
July 3
.22
Apr 29
143% Apr 17
Aug 19
11
Dec 9
43
Mar 27
18% Jun 30
25% Apr 17
Year 1941
Lowest
Dec
15%
Sep
Aug
Jan
34% Nov
45
July
73
75
Aug
Sep
Jan
Dec
5
Dec
99ya
%
Dec
%
3%
Dec
10%
Jan
Aug
1%
85
Aug
Jan
3%
Dec
9'/a
11%
Dec
21%
Apr
17 %
Dec
25%
Jan
4%
Dec
1VA
135% Dec
10%
Feb
11%
Dec
Jan
167% July
13
Aug
143/4
Apr
Dec
9
71% May
87
Oct
24 Ya
37
Jan
21%
Aug
1%
Aug
5
Dec
14% Mar
%
Dec
Sep
Sep
Apr
20
41%
Feb
63% July
14%
Feb
22%
Dec
40
Feb
58 Va
Jan
10
THE COMMERCIAL
2098
LOW
Dec. 7
Dec.
1
1 per share
8%
48%
2
2%
9
1
x87b
49
29%
29%
29 Ta
128
4
share
i
thar*
per
Tb
8%
8
47'%
48
4%
4%
128
9Q
29%
128
*127%
6%
29
128
60
3
*127%
8,900
Amer
4.000
American
Tb
2%
2%
72
72%
72%
72%
*174'%
176
174%
174%
175
174'%
174 Vb
23
22'%
22%
22%
22'%
22
22 Vb
21%
22
21%
227a
5.100
66
64'%
65
64'%
65%
64 Vb
647 a
63%
64 Va
63%
65
5'%%
310
2274
*64'%
72
*
17 '-4
*17
177 b
*105
96'%
*14
*14
100
20
*14
2%
2%
72%
72 Va
175
17
107
*96
i
27 b
73 Va
175
177b
*105
<
98
2%
72%
175
17%
107
*95%
20
175
17 %
*105
107
*95
176
2%
73
16%
i77b
*105'%
100
•
*14
20
20
17
"•
'
20
*14
20
*14
Chain
Am
5%
300
?
*
Cable
&
Coal Co of
Am
*5 Vb
5T«
14%
a
*5 7b
5 Tb
5%
5%
*5'%
5 3%
6
14%
14 V%
14'%
147b
14:%
14%
14%
14%
*97'%
98 %
98%
98%
*98%
99%
98'%
99'%
15 Va
15 Va
15%
15%
'15 Va
15 Vb
15
15'/a
15 Va
1%
1%
1%
1%
-1%
1%
1%
,
*
1V"
15
1%
1Tb
-
-1%
55'% May 21
16
par
Ame-
—
American
Jan
7% Mar ,11
Tiling ——1
»%.Jan
,
6 7a
7%
■„
*6%
7%
*6'%
23 %
■'
23'%
23'%
23 %
lVb
17b
1%
39'%
40 Vb
40%
4%
5%
5 Vb
IVa
I
Vb
40
*38%.
-
4%
4%
33%
33%
35
33',%
*33
*33
2 "a
'
*33 %
36'%
*33%
*51
517b
51 V%
*
17«
2
-
33 ',b
*2'%
33
36
51%
*51 Vb
17 b
*174
34%
82 Vb
82%
84'%
847b
12
12
12
1,200
$6
33'%
2.000
American Hawaiian
2%
1,300
American
4%
1Tb
"■
27b
174
34%
47b
•
*33%
4Va
2%
36%
36
*33VA
7 Vb
•
17a
*
39
7%
17a
2
23
Apr
34Tb July
56
Feb
79 Vb July
20'% Jan
,
110
,
2
Oct
6% Oct
16'% Nov
*llTa
*574
6 Vb
*19%
6
*25%
19%
26
26
117
"'
82
-1174
*5%
20
117
25 Tb
117
11%
1
6
*19%
*116',%
197 b
*116'%
%
6
81
.
_No
3
par
preferred
_
Hide
.No
—
SS
/■
.0
%
.
1.500
Co- —10
17
|
I
57b
19%
*117
26
5 Tb
26
,
1974
120
26
80 Vb
117a
12
%
157a
157%
15'/a
19%
x
120
26
191/4
6
*152
57b
158
97b
*152
26
500
26
26
Nov
*9 Vb
27
37 %
Vb
%
IG
16%
16%
16%
16%
15'%
14%
15
14%
15
14%
14%
5 Tb
5%
6
5T«
6
97b
9%
547 b
55%
54'%
*152
87a
No
No
127a
12%
12%
*26%
37
37%
36 Va
144 %
*144%
34
34
143%
33%
144
144
27
*26%
37
of
Co
111
Metals.——-.No
-—No
preferred——
News
American
Co__——. No
36%
!.
158
*152
24,400
9%
9%
54'/«
54%
8%:
8%
12%
12%
12%
Preferred
f
9%
54%
>
1,740
1,500
']
9
4'%%
2,900
I
190
Amer
Amer
36
36'%
35%
36'%
6,700
144 Vbr 144 Vb
36%
145'%
26%
1441/4
144 V*
680
34
x33 Va
33 '/a
33 Va
33 V2
144
*142%
150%
*142%
26
150'%
26
*34'%
35
'*142'%
V
110
6%
18%
18%
18%
18%
\
5,400
Amer
11%
*11%
xll%
11%
V
1,900
American Stores——-No
11%'
129%
41
41
40%
40
-
42
136%
7%
7%
29%
41
136%
7
29%
*116
7
.
:
-
117
11%
11%
"11%
*11%
29%'
115'%
11%
11%
*ll3/8
I
1,600
19
19%
19%
20
20%
|
90%
90%
*89
90%
*89
90 %
r
Feb
38%
Jan
2
Dec
4 V.
Jan
36% Oct
16
27
May
2
22
22
22
*21
22
*21
22
i
129 %
128Tb
40 %
40%
129%
40%
197a ;
128%
40
I
41%
41%
1
135V4
!%
7%
7%
77b
29%
29 %
29%
29 %
7%
7 %
30
116
116
116
3
3
7%
30
116
3
40'%
3
j
33%
Aug
51 Va
Aug
i
Oct
4%
Jan
6'%
Dec
13%
Jan
Jan
21
40% Nov
20
5
10% Jan
6
7%
Dec
9
91
Nov
6
77%
12% Oct
6
8'%
7
Jun
% Apr 30
May 15
38
7,700
Dec
7% Nov
4
2'%
23T4 Mar
4
"15'%
Feb
263/b Jan
3
IS! Jan
26'% Jan
9
15
22
Jan
9
25
6% NOV
9
142% Jun
22
165
Jan
9'% May.25
12
23%
5
23
95'%
Jun
Dec
13%
Jan
Feb
8%
Sep
Apr
23
Dec
121
Apr
Jan
26%
Aug
Vb
Dec
Dec
46Tb
Jan
17'%
Dec
39
Jan
3 Tb
Dec
7 Vb
Jan
7 3 Va Jan
V
3
155
Feb
165%
Aug
Jan
13
9
Dec
157.
Jan
28
59% Oct
17
50
Dec
73%
43% Mar 11.
;.9'% Nov
30
6 3't Feb
12% Dec
8
35'% Jan
14
527a Apr
24
29
12
May 25
Apr
Jan
14
148% Nov
27
36% Oct
26
43
29
136% Jun
11
144
<
Mar 14
2
16 3% Jun
3
21Tb Nov
93% Jan
2
12
Feb
4
Jan
3
12
Oct
21
7%
par,
7
6
Y
Dec
Deo
10Tb
Oct
29
Dec
40 Tb
July
33%
29%
139
Dec
28%
Jan
8%
Dec
11 % July
6
Tb
Deo
13%
/
Feb
22 Vb
Jan
08
23
101'% Apr
29
33 Vb Apr
347a Apr
24
493% Jan
27
20
503% Jan
27
Apr
6
143% Jan
14
33% Apr
27
7% Nov
21
17
30% Dec
116% Jan
11
Nov
22
Apr
108'% May
6
2
Sep
Jan
15%
2
120
54
Jan
17% Jan
.
45Tb July
155
Dec
150'/a
par
6
Jan
Dec
13
1343% Jan
Dec
Mar
138
81
Aug 14
Jan
47.
13
—
Jan
Dec
203%
14
preferred
Jan
17%
.
"
21% Jan
Tobacco——No
50
Sep
Mar
111
2
119
12'% Apr
33% Apr
par
—100
Amer Type Foundries Inc
——10
American Viscose Corp
14
5 %
preferred————100
500
;
2'/.'
30%
Dec
97% Jun
t6%
9,000
116
116
Dec
Feb
2'%
Mar 26
Sumatra
Dec
6
26
% Mar J4
-Amer
5,100
.
30'%
20
9
15
Am
1.240
40%
17
78 3% Mar 27
Preferred
6,800
134'%
40%
1
Nov
35
Refining——100
American Sugar
2.5QO
41%
135%
Vb
7 Vb
116
12,400
41
xl35'%
41'%
129'%
135
40%
136%
136
1287a
128%
Get
May 29
5% Nov
2
6
14
Telep & Teleg Co—-——100
American
Tobacco——
-.25
Common class B——25
200
19%
Mar
42%
——————-100
200
/
Co—-——No
Stove
American
400
92%
41%
136%
7%
29%
117
40
41%
136
.
29 %
16
405/b
40%
136%
128%
29
10
51Tb Dec
24,
'
preferred————*.-—100
StceL Foundries—,
No, par
18%
128%
17
"May 26
15% Apr
25
American Snuff—
700
11%
128%
Sep
Oct
3'% Jan
35
25% Jun 22
132% May 14
11%
128 Va
24Tb
.35% May 14
18 Vb
22
Apr
———100
18'%
22%
117.
Building Co
No par
Smelting & Refg——No par
11%
22%
8
21% May 21
par
25
18%
*22
Bep
38Tb Oct
4
—100
11%
18 Tb
Jan
2
Apr 29
16
113% Feb 20
L
Ship
tPreferred
f
150%
par
Safety Razor—18.50
American Seating Co
No par
'.t
127b
Mill
preferred——
18%
*90%
1%
Jan
9
American
conv
11%
18 Tb
Dec
3 Tb
65
————100
American Rolling
8,500
11%
90'%
6 %
Va
'
Power & Light——No par
preferred———-No par
$5 preferredNo par
Am Rad & Stand San'y—..No par
18
18%
Jan
17
28 Tb
6% Jun,
$6
11%
90%
*'22
37b
19
Dec
Amer
11%
18%
Aug
9
Oct
Feb
4 3%
—100
18V.,
90%
Jan
1%
35% Mar
par
Co Ltd
11%
*88 %
9 Tb Aug
143%
par
&
Mach
1134
*18%
17.
8
2 3% Apr
par
*11%
11%
Dec
9
25
1
No
Fdy Co——-No
Metals
26
27
144'%
145%
158
8%
12Ta
27
Feb
'%
5% Oct
par
&
6%
7,100
/
par
Mach
Amer
>10,900
7 5,700
6
5%
97 b
87b
12%
«•
54 Vb
97b
9'/«
144
144%
%•
55
*8Ta
37 Vb
18 Va
158
9'%
*26%
34
1437b
*152
9%
55
144%
144
"33%
158
10
12
12
26 %
nr
17'%
x9
9'%
11Tb
%
16'%
*152
158
Sep
4 s/»
7
1'% Sep
24
x367a Apr.13
5
1% Jan
———:4——100
Amer
770
:
9
7%
•
97b
55
Aug
953^
43T4 Oct
A.32% Sep
preferred——,—50
10
:
—— —
Locomotive—:
1,300
(•
19 %
17 Va
547 a
97 b
54'%
6
Jan
19 '/a
Jan
2
2 Va
1
Corp.,
Preferred
Amer
120
*117
14 Tb
15 74
574
.,
preferred—100
Invest
conv
American
; 1,800
5%
5%
-a va
a v«
19%
*117
5%
.
1,200
80
11%
11%
.
6,300
16%
•
17'%
8%
Feb
2
1
Products.-:
Ice
Internat
American
120
7%
'81
•11%
Home
evinon-cum
Amer
5
39%
t
7%
57 b
177b
Dec
9'%
78
16VbJan
preferred—---- —50
conv.
Nov
% Jan
1
par
Leather—
&
xl7
7'% Nov
.
2
187a Jan
Jan
'
9
j
J an
33
No par
'
V<r
17%
V15 % Jun
par
preferred—.
American
100
4%
4 3/b'
*38
7%
81'a
xllTb
•
20-
117
26
Power—— _No
Jan
121
4
.
Jan
115
4 Tb
27
11
27
23'/.
Dec
Dec
90'%
7
22Tb Jan
Jan
9'% Mar
13
99'% Dec
Dec
Apr
107
11
,18
.
16'%
3
Mar
9 6 3% Dec
-
3%-May 27
par
Export Lines Inc ——1
For'a
&
American
800
35%
4%
'
*81
»
:_No
European Sees
6%
700
51%
*34
5
39
40
77 b
X51 Vb
52
*4%
5
*38
7 Tb'.,
.
■'
*4%'
40
77'b
41«
-
5
*38
'
774
37
33
34%
4%
2%
35-
*4%
5
40
$7 2d preferred A
1%
34 Tit
17b
4%
7%
$7
7,000
Amer
185
Jan
■"
*34%
4%
7 Tb
4,000
5%
2%
33 Vb
35 %
*4 7b
33%
2 %
51%
*4 Vb
*38
33%
51%
*34%
*7 7b
41''%
*36
367%
•
2
Amer
5'%
37
2%.
4'%
5
37
51%
-
American
4,000
5%
*33'%
36
51%
2,100
1 %
41
42%
5'%
33 %
7%
-22 Tb
1%
1%
41
37 Va
33-
35'%
40
5%
*6'%
223/4
23
1%
42%
5 %
37
33
4'Va
*47'b
41%
5 Vb
-36%
,*34%
39'%
17b
•
7%
23
23%
1%
■-
*6%
7 %
23%
.
*2 74
2%
2
*6%
1%
•42-
36
35
27b
7 Vb
23%
•
Aug
13
7
4
May
Oct
3
95 V.
Dec
Oct
37a May 25
14 Va Dec
130%
Apr
Mar
Jan
5
92
—
Jan
Jun
733% Jan
Mar 16
15
Dee
39
33
May 27
69
Aug
176
May 20
May 26
105
•
100
preferred—.—
——20
Distilling Co—
Encaustic
.
1
'
23 Va
*
157'%
20
10
700
xl22'%
3
'Mar 12
159
—10
900
10
55'%
Colortype Co—
!
130Tb Feb
10
Crystal Sugar—
>
Dec
13
Allegh Co N J——25
1st
26'%
3'% Nov
American
6%
15
73 Tb Nov
American
60
Jan
13
500
1
8 Vb
29
2,300
14%
-98%
*97
15 Va
1%
57 b
5%
14 Vb
98 Va
151
*
5%
14 Vb
*97
;
47%
Dec
20
preferred—'-— ——100
Chicle_-i_i„i„—,lNo par
'
*
*
97b
Dec
3'%
Apr
.No
Inc
Apr
4134
1% Apr
56% Apr
conv
•American
-
5'%
20
120
100
there
26
.100
par
i
per
24
33
_No
I
Nov
9'% Oct
*
Highest
6% Oct
28
1
PreTloua
share
per
Apr
—
Fdy__
I
share
23
Preferred
1,000
96%
2
100
&
per
par
—
Car
t
49.
,_——25
■(Preferred
107
963/4
share1
for
Year 1941
Lowest
383% Apr 14
3% Mar 11
Corp—
Can_
per
Range
1
Lots
Highest
5% VJan
10
Fdy—-_ _No
Radio
&
S
50
preferred—
conv
Cable
American
1,800
17 %
*105
9 6 Vb
96
72%
17
107
*105
107
••*96
-
2%
72
190-Sharc
—1
Bosch. Corp.:——
Brake Shoe &
Am
_*
preferred__-
American
2,400
Note
Bank
American
200
»f
Lowest
Par
830
4%
Basis
On
EXCHANGE
1,300
8%
48%
29
'Range Since January
STOCK
YORK
NEW
■Shares
87b
Tb
30%
*127'%
r
*4%
49
4%
pe
for
the Week
11
Dec.
19
48%
8%
*48
4%
*127'%
*
share
per
Monday, December 14, 1942
STOCKS
Dec.
Sale.
Trlday
Thnrsday »
Dec. 9
*4'%
127%
PRICES
Wednesday
9
*48 Vb
29
127%
127
270
SALE
per share
9
47b
29
29'%
t
49
*4'%
HIGH
Dec. 8
share
*48
5
127
per
*87%
8%
48'%
*4"'«
*29
AND
Taesday
Monday
Saturday
& FINANCIAL CHRONICLE
Jan
Sep
Sep
117b May
19%
Aug
115%
Deo
1687b
Jan
437.
Dec
437.
Dec
73%
74%
Jan
Jan
Dec
159
37b
Dec
7
23%
Dec
29%
Aug
Sep
116%
Aug
X143
112
-.Jan
Jan
"W
3
3%
*53
3
57
3 Va
*53
57
3%
3%
3%
52%
'
52%
52%
*3%
4
*41
.
43 %
3
*53
4
*3%
57
*3%
52%
52%
3%
42
3 Va
55 Tb
55%
4
3%
3%
3%
52 Vb
52%
*51%
52%
3%
3%
41%
25%
25%
x24%
25
24%
27%
*27%
27%
27%
27%
H5%
16%
*15%
16%
*15%
16%
*110'%
111
*10
*
1
%
32%
32%
*35
60
29%
c
7 V.t
4
~
45
28%
%
7%"
X27%
111
111
*10
*1%
109
32%
*106
16%
111
10%
1 Vb
32%
109
7%
3%'
Anaconda
15%
Anchor
V
130
$5
Y:
1
400
Andes
300
A
15%
*36
.45 %
*
1%
*36
29 Vb
29'/2
30
99
5%
72
*55%
4 Tb
99
5%'
57b
72
10
1%
1%
32%
*107
32%
5%
*68
74
«4
a
2 Tb
2%
43%
43'%
43 %
3
*36
45'/»
30
"7%.
7%
*4
99
5%
*85
5%
5%
8
*7%
8
.
*7%
4%
99
5%
-
4 Vb
*85
-4%
99
4%
5%
4%
r.
*85
7
5%
T; 1,100
-
74
*69
73 Vb
*69
75
*54
55%
*54
55%
54'%
26%
26%
56
*54
56
*263/b
27 Vb
26%
99%
99%
99%
99 Vb
99 %
99 %
99'%.
99'%
45
43 %
99%
43'%
43%
44%
43%
44%
44'/a
44%
44
44%
.
67
65%
66%
66
66'%
66Vb
26%
26%
•66%,
26 %
26%
25%'
26
25%
26
*39%
19 Vb
40'
18%
19
*106%
107%
6%
■54%
66%
66%
*25'%
25 Vb
•:
20%
*19
21
*19
21
*19
40%
41%
*40%
42
*40%
42
42
19%
19
187b
19%
19
19
<6%
6%
6%
6%
6%
*48Tb
'49%
49 Vb
49 Va
48%
54%
*113%
107'%
54%
116
*106Vb
*54
*113%
107%
54%
115
*106%
•
,
Atlas
56%
*113%
8%
*7%
7%
7%
7%
*7%
*2%
7%
3%
*7%
*2%
3'%
*2%
3'/b
*2%
3%
*2%
3
*2%
27
*25%
27%
*25 Vb
28
*25%
28
3
2 %
2%
3
2%
3
27
3
2%
3
27
2Tb
56%
-
115
200
Powder—
3%
27
'
3
$5
Jan
Dec
•7" 2%
Jan
,'t 35
Jan
Deo
11
'67% Feb
4
47%
Jan
70'%
Sep
40% Oct
21
Jan
27b Apr
66
Jan
21
Jan
72
Sep
31'/a Nov
16
20%
Dec
347b
Jan
8% Nov
14
6%
Dec
9%
Sep
4Tb Oct
17
Jan
28
May 26
82
July
3
28
63% Jan
5
61 % Mar 24
77-% Jan
4% Apr
7 53
Jun
20
29
Dec
674
87%
3
Dec
91%
Ocl
57b
Dec
107b
Sep
Dec
88
Sep
78
83
Jan
8
17
102'%
Aug
28
Nov
21
20
Dec
35%
Jan
100'% Dec
2
82
Aug
96% Mar
3
18
Jan
31% July
72 Va Oct
7
53%
Dec
70 Vb May
34% Oct
9
13%
Feb
28% July
5
13%
Feb
45%
Oct
53
34
Oct
76
Dec
45% Jan
3
16%
Jan
56
Nov
30
23% Jan
28
19%
Jun
28 %
Dec
99 Tb July 20
109% Feb
20
May
111%
Mar 16
14 Tb Apr
6% Sep
21
463% Apr
25
107
Jan
5
6Tb
16
47%
Sep
7% July
Feb
50% Feb
Feb
7
Jan
5
61
——100
17
111
26
6
2
Jan
Feb
3% Dec
Nov
72'%
Apr
9'% Jan
51%
May
Jan
No par
par
;-3
Sep
21
57a Mar 20
79
•60
Sep
2
70
par
Baltimore
Jan
2 Va
116
No
11,000
Sep
5%
14
May 23
Nichols—-——
Baldwin
33%
112%
4% Jan
'■'42
Sep
Feb
26
10
111% Mar. 12
July
108% Mar
29
May 25
Aviation
10,500
15
27
Sep
2 % Sep
43
prior A.--—-—No
Corp of Del (The)
10,600
Tb
17. July 28
111
Tack Corp—:—
Austin
110
Oct
12'%
par
No
i
preferred
conv
Atlas
115%
Deo
21
27Tb Apr
102
5%
5%
7%
Jun
7
Jan
1,000
55
115
1107.
12% Oct
24
49%
.,
54%
*113%
112'% Mar 19
16% Jun
5,100
200
17'%
W I SS Lines——1
!■ 300
106%
35 % July
Apr
2
6'%
106%
Deo
11'/.
25
—
30
24
3
193% Jun
Atlantic
Feb
5
60'/a Jun
<fe
Jap
567b July
14
preferred—__—-_ 100
Coast Line RR———100
G
Sep
8
Deo
Jan
2
6'%
■
Mar 11
•81%
Jan
27'% Jan
57
400
1
Jan
Aug
17
9
Atlantic
5,000
•
22%
Feb
2Tb
Jau
8Tb
28% Jan
.
6
1,900
Atl
May 26
7Tb May 20
46 Vb May
Jan
preferred
———100
Topeka <fe Santa Fe
100
51«
Atch
107
13
51
7'/4
99 Va
■
30
1
12% Mar 11
14
Jan
813% Jan
No par
Investment Co-:—
*48 Vb
-107%
*7%
28
No par
Corp
.'48%
8%
2%'
5
preferred—^-100
Refining—
25
4% conv.pref series A———100
Atlas
Corp
—
5
■6%
preferred———50
*7%
*27%
par
6%
19
*106'%
116
Artloom
2,100
i
42
19
13,900
21
54%
:113%
preferred——--——100
Armstrong Cork Co——No
Arnold Constable Corp——
Assoc
100
480
:
66 %
25%
*19%
49%
*54
116
Vb.
25%
107'%
6%
*49
54%
*113%
66
.
19'%
6%
50
26%
40%
*106%
6%
*49
prior preferred-—-No par
'
67
*39 %
par
gtd—100
preferred—
100
Associated Dry Goods
;—1
6%
1st preferred——100
7%
2d preferred——
-100
3,800
%
26%
21
pf 7%
Illinois—-.——5
600
54%
26%
74
99 %
*19
No
Midl'd
(Del)
of
""
*70
26%
26%
56 conv
Co
300
I'
5%
*69
55
21
&
7%
99
.
5%
300
99%
*19
3,000
7%
,.
27%
44%
& Co
7%
31
56
27%
*99
Daniels
Armour
45%
30%
par
Mining
;
20
Paper Co Inc———5
Armour
1,500
24Tb Aug
par
Copper
Archer
7,900
>
4374
'
4%
*85
l\ 600
109
Cable-——No
div preferred——-—--No
W
P
&
1
27
•
*4
*85
i
112
10
W
Hock Glass Corp——12.50
14
50
22Tb May 20
Mining——--50
Anaconda Copper
Deo
57. Jan
23
17,400
Dec
3%
76Tb Jan
29
700
32%
29%
3'% Apr
38 Tb Jun
350
108 %
45'/«
& Smelt———.-,-..'1
preferred—;—.—-25
Dec
64%
6
4
11
$5 prior conv
£.
*111
51Tb Dec
"2%
3
5% Jan
18
Amer Zinc Lead
I
10
——100
13
70 % Feb
15
Aug 14
33% Apr
300
27%
32%
43%
r'
24%
■
4
t<85
39
par
1,600
I
27'%
*107%
43%
3%
43%
24%
111
1%
43%
7%
1% Apr
par
——-No par
Woolen———:—No
Preferred
1,200
27%
10
2%
1,000
52
*41
16%
111
2%
28%
Elec—No
&
1st preferred
$6
American
247a
16
2 Va
*36
Wks
Water
Am
200
3%
513%
37a
24%
27 %
43%
28%
'
55
3 Tb
43%
24%
16
1%
37a
3%
2%
44%
*52
53
*41
24%
32%.
*107%
3
*35
7%
*32
32'%
*43%
29%
1%
108%
2%
44
10
3%
43 Vb
*27 Vb
10
HO'%
1%
*106
3
*43%
11
*1%
108 %
2%
111
*10
.
1%
*31%
i
111
-
11
*106
'
3%
*41
25
*26%
'
54
3 Va
,
'
41%
42
x54
2%
Apr 30
1% Apr 17
7
121
17b May
13
Oct
9 Vb July
37.
Oct
15% Apr
28
2 8 3/i Dec
2
2 Tb Jun
2
4% Jan
•
2%
97b Jun '29
■14% Jan
2
10%
2% Jun
3
4% Jan
28
2 74
Dec
5% July
4% Jun
23
7% Jan
27
3%
Dec
8Tb July
4
Apr
15
6% Jan
26
3 Vb
Dec
Jan
2
31Tb Sep 23
9
12% Nov
187b
25'%
May
Apr
■
Oct
/
Jan
5 Vb
B
11%
117b
11%
11 %
11%
11%
H'%
11%
11%
12%
12%
3 Vb
3%
3 Vb
374
3
3%
3
3 '/a
3
*5'/»
5%.
5%
3'/a
3
5%
5%
5%
5%
5%
5%
5%
0 74
*4ab
4%
11%
*5%
4%
4%
4%
28
26 Vb
27 Vb
27'%
28
28%
29
11%
*27a»
117 b
11%
11%
12
12
12
33
4%
4%
5%
3,400
4%
43/4
*4%
4%
1,200
29'%
28%
28%
350
6
•
3
c
*28%
6
117a
11%
*5%
5%
5 Vb
5%
33
6
*31
4%
12%
5%
33
5%
33%
33 %
33%
33%
33%
11%
*5%
'
3,500
57a
600
12
11'%
11%
11%
11 Vb
33%
33'%
33 Vb
280
11%
11%
14%
14%
11%
11%
X13%
11%
1374
12 Vb
12%
13
12%
13%
9,400
12%
13 Vb
12 Tb
13
21%
*20%
20%
20%
*22
22 Vb
21%
22
21
%
*24 %
24%
24%
2474
24%
*104%
105 Va
*104'4
105 V8
*104%
*267b
29%
*91
95
87 b
8%
*26
30
127b
12%
33t
33%
14%
147»
*53
54
*23
23 %
*26 7b
29 Vb
*91
98
874
93
87b
*26
*26%
29
*8%
*26
*104'%
29 %
93
*26%
*91
9
*8%
29
*25
21%
25
110
29 'b
98
9
30
12'b
■12%
12
33%
34%
34%
34%
x33%
14%
*14%
15
53 %
*53
53 %
147b
147a
*53
54
23
14%
*53
23
22%
54
54 Vb
53 3 i
54%
54
10974
108%
108%
109
footnotes
25
12'b
*103
For
24%
110
see
page
2107
'/4
23
54%
109
12 Vb
23
53%
109
12%
33%
23
54%
109%
♦2374
"103
*26%
*91
8%
*25
11Tb
33 %
14%
*53
23
53%
109
13
13
20 Vb
20%
25
*24
24
110
*103
3,100
1,000
110
29%
98
8%
30
12
33%
15
53 Vb
23
54 Vb
109
33
14%
*53
23
—13
..100
Bath
Oil
Iron
Bayuk
SO
preferred
5'% %
Barnsdail
5
1
Co—r——
Works Corp
Cigars
Inc———No per
2,700
33%
4,800
Bendix
15
1,800
Beneficial
98
11Tb
Ohio———
11%
*91
400
29%
8 Tb
&
preferred—
—100
Bangor & Aroostook—
--50
Conv 5%
preferred——^-100
Barber Asphalt Corp——
10
Barker Brothers
——--No par
4 ft
—25
S5 preferred w w__
No par
Beech Creek RR_—
———>-50
Beech-Nut Packing Co—
20
Belding-Hemingway
No par
Belgian Nat Rys part pref
Bell Aircraft Corp—
1
7a
*267a
*25
Loco Works v t c
8%
200
500
30
53 Vb
Beatrice
Pr
Creamery
23
1,200
Best
54
9,400
Bethlehem
109
2,000
1%
Indus
Steel
Va Mar 25
34
Apr
1274
25
6% Nov
12
5%
Dec
243b Aug 20
33% Dec
8
277b
Dec
4% Apr
12%
Dec
7
Jan
8ep
July
Sep
9% July
35
Sep
8 Tb Jan
2
12% Dec
11
7%
Feb
10Va July
12% Jun
3
18% Jan
6
13%
Dec
24% Mar
15% Apr
30
x23% Nov
27
17 %
Dec
20
15
26
Oct
9
20
Dec
105.
Oct
9
1027b
Dec
106
Oct
30
Feb
24
28%
Feb
32
Apr
Jun
126
Jan
103
Apr
Mar 20
23% Jun
64
Apr
8
24
110 3/b Jan
16
108
31% Mar
27% July
8% July
Loan
No
Oct" 16
6%
Dec
3
10%
Jan
17
Oct
9T4 May 20
17% Nov
2
5
Aviation.
53%
6
19
Dec
28% May 21
39% Jan
3
32%
Apr
ifvb
Sep
97a May
6
46% Mar 18
15% Nov
12
10%
Dec
20%
par
54
Sep
24
50
Aug
57
17% Apr
24% Jan
19
19%
Dec
34% July
667. Jan
2
Jan
7
pfd $2.50 div series '38_No par
& Co_
—No par
108%
22
Dec
(Del)—No par
preferred—
—100
6 Tb May 14
9
May 20
30
13
27
49% May 25
105
July
1
121
51%
115
Jan
May
Dec
89%
Jan
Dec
131%
Jan
LOW AND
Deo. 7
Dec. 5
»
I per share
per
I
snare
*15%
27 %
27%
15%
15%
15%
5%
17
5%
5%
5%
5%
5%
12%
*12%
*
12 '/a
27%
27%
16
13%
12%
,;:9
10
"9
10
*9
10
*9
"60
65
*63
65
64%
64%
64
65
13%.
*12
13%
*13%
■
16,"
15
15%
14%
15
34%
34%
35%
35%
35%
87
87
*87
91
*87
*35%
35%
91
35%
./
35%
*16%
16%
*16%
*87
35%
*35%
16%
16%
16 ya
22%
22%
21%
22%
21%
25%
25 %
25%
25%
2%
;i6%
21%.
21%
25%
•21%
21%
25%
26
19%
9
21
1
9
20%
21
21%
34%
34'/a
34'/«
34%
34'%
\. *34
8%
8%
tV
.
*1
,
20%
*34
34
:
34%
'
,
21%:*; 21%
v :,34%
*%
*%
•
1
1%
.
l y»
8%
8%
3%
8%
29%
29%
'
.
*1,
i
l <f
■
l!/a
300
■
8%
1,500
29%
29%
800
13y8
29%
29%
12%
12%
8%
29%
/.
8%
*1-
■
,,«3/8
/if
;
'
■
,.18%
-
0%
>105
108
*105
108
*105%
108
108'
71%
71
70
2%
2%
2%
70%
71%
71
71%
2%
2%
2%
2%
2%
—.
Budd
1,510
7 7*
13
■
6%
6%
6%
6%
13%
6%
*13
13%
2,200
Budd
19%
19%
*19%
19%
19%
26%
*25
26
24%
25%
18%
18%
18%
18%
14
14
19%
19%
19%
25%
25
-
25%
18%
18%
18%
19%
*25%.,
6%
13%
19 y4
18%
18%
*25
18%
6%
6%
6%
6%
6%
*13%
14
13%
■
19
•
16
89
De«
5
38
Apr
54
17% Jan
7
17
Deo
23% July
22% Oct
7
18%. Dec
21%
19% Jan
2
27% Oct
9
16
21
1% Jun
25
3Vb Oct
19
25
Mar 10
31% Nov
9
Xl5
May 22
.,15
.No
par
'
*18
'
1,000
18%
56
*54%
56
*54%
56
56
*54%
56
*51
52
52%
52%
*51 ".
52%
52%
52%
51%
51%
*51%
52'/4
9
8-ya
8%
8%
8%
8%
8%
8%
8%
8%,
8% >
2%
*2%
2%
2%
2%
2%
.2%
2%,
2%
8%
*2%
2%
2%
;■
*54%
56
*43
*43
"21
22%
46
*44
46
*44
22%
*21
22
*21 Va
*41%
23
22%
*21%
22%
5»/a
5V8
41 y2
7 '
5%
5%
5
5%
5'%
5%
20
20%
20
3%
3%
3%
*3
3%
3
3%
2%
9%
9%
9%
9%
9%
9%
9%
*9%
20%
20%
*14
14%
,
•;
14
*13%
7?
77%
13%
78
78
78 %
9%
14%
20
14 %
9%
77
74
14%
14%
14%
■■■
76 y2
14%
,
Butte
'r,
.
35% Nov
13
23%
Deo
41
38
Apr
45%
Oct
Dec
2%
Aug
Deo
6%
Jan
Sep
Jan
3
Va Jan
13
43
%
1
6
1% Jan
Deo
Jan
Apr
29
Apr
23
10% Nov
2
7
Dec
14%
July
1
17
35
Jan
16
30
Jan
37
11%
Deo
23% Mar
7 Vs
Deo
8
Dec
6
14% Oct 23
87a Jan
9
112% Jan
27
10
5% Sep;
8
x
r
par
11% Sep
1
par
16 Va
.
2%
11
7% Oct
26
Dec
Ftb
81
Dee
5%
—«
Jan
118
Jan
5%
Jan
July
78
8Vs July
■
Oct
22
18%
Deo
34%
26% Nov
7
23 Vs
Dec
35 Va
15%
Dec
20% July
25
1
1
19% Jan
3
53,
Apr
17
56% Nov
12
51
14% May
Jun
109
3
Dec
J.5% Mar 30
2
May 27
19 % May
U
3% Jan
83
Sep
12%
49
May
66%
Jan
Sep
Nov
Nov
24
53% Nov
9
6% Jan
2
9% Oct
13
5%
Dec
9% July
.1-1
2 ye Jan
2
3% Feb
6
1%
Deo
4%
NOV
5
40
100
'
No
2
24% Oct
26
4
6% Feb
6
17
6% Mar
6
"•"
3% Jan
'.
10
2%
Dec
6
14
Deo
Sep
6% July
23
Aug
4%
Jan
Jan
11%
6
Jan
13
76%
Teb
100
July
9
7%
Apr
12
Jan
15% July
10
Jan
Deo
Sep
25
10% Nov
95
71% July 24
par
Deo
4%
18
21% July 21
14
2 Ve Apr
Copper
Dec
15
Jan
,
19% Feb
-30
preferred
44
25
4% Sep
18
-10
conv
Sep
"
preferred- .100
Byron Jackson Co—
1,900
2
21
9% Apr
—5
& Zinc——
(A M)
-J—
-No par
100
Participating preferred--
160
Jan
7
Byers Co
.
.
14%
5%
1,700
Jan
25%
24
_.
preferred
Term Bldg 7%
1,200
v
;
12%
Deo
12
Terminal.—
1,500
2%
9 %
9%
17%
Deo
2 % Apr
Butler Bros
1,400
v
20 Va
y: 2%
3
*74
77
*74
•*
20
20
20
20%
> 3%
78%
Bush
r
5%
5
Dec
6%
14%
47% Jun
'
5%
*20
Bush
16%
Sep 30
Add Mach_:——No par.
Burroughs
1,000
45
*21 y8
•
400
6,700
:
Jan
1
1
v
'
39%
9
28 ft
Burlington Mills Corp.—
—.
Conv pref $2.75 ser———No par,.
Conv pfd $2.50 series-—
;
46
*
46
*21
47
5%
*54%
Deo
21
ft Apr 16
•
*54%
Sep
28
Apr
30
^-No par
BuloVa Watch—'—
Sep
3% July
9% Nov
20 %
103 ft Mar
__„,^T._^No
Jan
Jan
26
5
—
Feb
Jan
21% Nov
—No par
No
Apr
%
111%
2
15% Jan
*
500
May 29
7% Jun 29
-
par
—,—100
Co
Jan
95% Feb
Forge Co
Bullard
Sep
35
40% Jan
.—5
Wheel__*i——
Buffalo
;
25%
24%
2
100
-1,400
"
.May
28
preferred
800
14
19
.
Apr
30% Apr
•
6%
*13%
Mar
24%
72
;—No par
No par
Mfg
(E G)
Oct
GO
Oct
No
Co—
preferred
7%
10,400
83
77%
77%
74
74
;
10
..
17
Dee
25%
Bucyru'.-Erie
6,500
*105% 108
3 Va
2%.
■
'
2%
*2%
1,700
6 Va
6 %
6V»
6
6 Va
C
*105
108
12y2
13
12%
12%
6
6%
G%
6%
6%
108
12%
13
12%
13
-
Dee
70
.100
.—
Bruns-Balke-Collender_
'
*12%
RR
Shoe Co„i._—
Brown
10
Dec
38% Oct
-No par
5
Brooklyn & Queens Tr
No par
Bklyn-Manh Transit—
No par
Brooklyn Union Gas_-.„_——No par
1,500
Jan
21% Jan
Briggs ifc Stratton
Bristol-Myers
Co
200
33% '.34%
*34
"
t"
34-
'
Apr 30
July 15
Sep
.1,5
Manufacturing,
Briggs
5.300
*
Jan
._15
——
Bridgeport Brass Co
2,800
18%
Aug
13% May 20
18% Mar 31
Brewing Corp. of America-
.,
.8%
•
34%
v
18%
8%
Dee
par
Roller Bearing Co—
Bower
Jan
13
13 Y» May 20
.—1
Corp—
Boston & Maine
400
<•
*16%
•
'■
21
"34".
29%
8%
30
*29%
■
''1.;%
Co
3
25
No
(The/
Borden
Borg-Warner
10%
par
No
r-.
—i
6.600
•
Dee
14
5
Inc—
Stores
6,200
,
29
-
Bond
5
7% Jan
5
class A
Ami Co
Class B
-
-
1%
*1
1
•
21%
34
34%.
iV
*%
30
*29!'a
18%
9
21%
i7ff
*8%
8%
*16
9 '/a
34%
'
34%
'V *%
18%
8%
*27%
19;.,
'34-/4
34%
34%
*10%
29
»
21
21%
*34
Q
,
,
26
*27%
29
-
Bon
10
700
'-1%'
2-
*27%
v
9
19
O
9%
r
*1%
2
29
'
320
21%
25 %
.*1%
-
*27%
29
'*17%
29
*17.%
2
~
•
*17%
*27%
*28%
2
2%
7*2
-
,
16y2
.
23%
12%
Aluminum & Brass.—-
"
'
'•'2
r
Bohn
preferred
Airplane Co
Boeing
35%
35%
xi6%
21%
25%
58
7,200
i
91
35%
16%
,
14%
38
*87
91
'
8
100
4,900
14%
•
Laughlin Inc
Dec
75
5
liy4 Jun
Blumenthal & Co
31%
15%
11
19% Jan 28
Sep 21
Bloomingdale Brothers——No par
100
Dee
12
29
&
share
per
21
14% Jan
2
14% Apr
5
Highest
t per share
share
per
287a Dec
18% Apr
Bliss
100
v.
9%
37%
15%
25%
22 Va
25%
68
•
37%
35%
16%
16%
13%
*63
9%
"36
.35%
35%
*12%
*9
13%"
14%
15%
34%
88%
*87
3,800
S
per share
Previews
Year 1941
Lowest
Highest
Bigelow-Sanf Carp IncNo par
Black & Decker "Mfg CO—A'o par
Blaw-Knox Co
No par
1,300
5%
65
65
15%
.
15%
5%
*9
9%
34%
15%
34%
15%
5%
$
Par
500
-28%
15%
15'
16
Lowest
EXCHANGE
Shares
per share
27%
29%
5%
5%
27%
*28%
27%
27%
I
t per share
share
per
xl5%
*27%
5%
I
share
per
Range fer
On
STOCK
YORK
NEW
for
the Week
Dec. 11
Dec. 10
,
Salea
Friday
Thursday
Wednesday
Dec, 9
Dec. 8
Range Since January I
Basis of 100-Share Lot«
STOCKS
PRICES
SALE
HIGH
Tuesday
Monday
iatnrday
2099
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4-133'
Volume 156
i
20%
20%
20%
57
*53
57
''
*53
.
20 y8
20%
57
I',:
.
in
■%
i,
vr*
57
%
10
0-
*
6%
6%
6%
6%
6%
15%
15%
15%
15%.
15 y4
'15%
15%
15
13
13
13
13
13%
13%
13%
" v
28
30%
*28
28
*28
6%
.
31
*28
6%
;
2
21% Nov
9
Vl5%
Deo
24%
Bep
14
53% Nov
2
ill
Mar
64%
Nov
—.—1
% Jun
2
1% Jan
14
Deo
1%
Jan
5% Jun
20
1
7% Nov
2
4%
Deo
7%
Jan
16% Nov
10
9%
Nov
14%
Jan
25
13 % Oct
26
10%
Jun
17%
Sep
Aug 29
26%
Deo
40
Jan
9% Apr
6%
6%
6%
36
6%
6%
4%
*36%
38%
*36%
38%
83%
83%
*83%
84
24%
24
3%
*23%
*3
3 % :
*73
75
*126
130
83%
*23%
3%
3
74
74
4%
*36%
24
:
34%
4%
4%
6%
34'%
36
*34
4%
*4%
4
*35
38%
*38%
83%
*83%
84
2
7%Nov
2
37% Feb
10
4% Nov
9
3
73
72
130
3
3%
*125%
130
80
24
800
Carpenter
700
*124%
V'
3
3
1
v;
68%'
68%
*,
1,300
.
Steel
(J I)
■
38%
38%
37%
38
37%
38%
37%
37%
37%
37%
26%
26%
26%
26%
26%
27%
27 Yf
27 Va
27%
27%
37%
37%
27%
5,200
v
27%
-
'
93
93%
*93%
16%
1%
2,600
?'■%
*2%
3%
*2%
3%
13%
13%
13 %
12%
*3
33%
2%
2%
30%
16%
*18%
100
100
9%,
*7%
33%
33%
94-7
*92
94
*16%
18%
16%
*18%
33%
>7%:
2%
2
11%
11%
11
,
,
11%
6% V 6%
6%
6%
14%
14%
14%
*18%
*7J/2
14%
50
*%
■i
12
*13%
13%
.■
%'
%.
13%
*1%
1%
14 y2
86-v
50
:
.
*%
1
*%
1,800
200
Chickashi
700
Childs
11%
HVa1
*11%'12
13%
*13%:
13% !
*13%
13%
1%
1%
*22%
Rock
■«:
'•
11%
1 %
200
''*•••
c
Isl
&
*10%
10
No par
—
22%
22%
*22%
24%
24%
1
60
66%
65%
65%
65%
•66%
65%-
66 V*
>
9,400
Chrysler
10%.
10%
10%
10%
10%
10%
10%
10%
10%
10%
•
1,100
97 y4
97 y4
97%
97
*33
40
*33
40
*33
2%
3
*2%
36%
36%
36%
75
2%
36%
75
109%
109%
*27%
*35%
*—
109%
*108%
101 %
28%
*28%
100% ,100%
29%
*28
3
*100%
39
2%
36%
36%
75
109
28%
101
*33
36
*33
3
97
»
28%
101
.
*33
2%
2%
36 y4
*35%
36%
*65
*108%
109
28%
101%
«'
28%
*101
2%
*35% J 36 y4'
*108%
900
300
~10
109
*101
29%
300
101%
*28%
28%
101%
130
75
*__
75
109
;
39
2%
39
2%
75
*108%
96 y4
96 v4
97 Ve-
40
Clev
preferred-
*81
83
*81
82%
*81
83
*81
50
*48%
50
*48%
50
"48%
38%
39
32%
32%
38%
38%
32%
32%
*84%
.*
39
*149
*149
*60
84%
85
63
*60%
84 y2
63
17%
17%
*105%
107
86
17
*104 %
107
16%
*105
17%
18
18
*106
110
*i06y4
110
107
14
14
13%
13%
2%
2%
2%
3%
2%
.
3%
3
3
14%
14%
*14%
14%
For
footnotes
3%
3%
13%
2
3'/a
83
86
63
39%
32%'
32%
*60%
107
18%
107
16%
*104
18
83
*48%'
50
*37%
38%
x31%
32 y4
86 y2
63
:
.86
*60%
86
.
63
107
18%
*107%
110
13%
*13%
14
2'%
*2%
2%
16%
*104"
17%
108
*13%
2%
-2%
38
32
32
3,100
ft
3,700
86
'
*60%
86
800
63
*630
*630
16%
37%
100
*149
*149
*630
16%
*81%
50
81%
39%
86
81%
*48%
'
50
*149
*625
16%
18%
*18
32%
*60%
*625
*650
39%
32%
*149
-
~16%
107
16%
*104
16%
18 '
17%
18
*107%
112
14
"13%
3
*2
2%
4,400
60
330
Colorado St Southern—,—.
3 y4
1,100
3%
3'/a
2%
*2%
2%
2%
2%
2%
2%
580
14%
14%
14%
14%
14%
14%
14%
1,600
14%
14%
14%
14%
14%
14%
*14y4
14%
14%
14%
1,300
see
page
2107.
4%
1st
4%
2d preferred
preferred-!
Columb Br'd Bye Inc
Class B
115%
Jan
Deo
4 Va
Aug
Jan
29
4%
Feb
2
1
—
cl A
100
100
2.50
2.50
Deo
July
Deo
4
6
97
Dec
8
77
Oct
97
2
35
Oct
23
25
Deo
34% July
3% Nov 12
Apr
5%
Jan
32% Nov
12
22%
Apr
37%
Jan
19
15
Oct
21%
Jan
27
Apr
'!•
Jan
6
18% Oct
29
14%
Deo
22%
100% Nov
6
95%
Deo
107'%
Oct
Deo
18
Jan
14
Sep
22
9% Oct
9
5%
36% Jan
27
31%
Deo
44%
Jan
98
Feb
7
93
Deo
102 Va
Feb
2% Dec
4
Apr
8
16
A
Dec
1% Mar
8% Nov
.
2
2% Jan
26
li\ Mar
16
3% Mar
1% July
6%
3
Oct
July
11%
Nov
8%
Jan
2
13% Sep
23
7 '/a Nov
9
3%
Deo
Aug 11
17% Jan
3
9%
Feb
19% July
28
39% Jan
21
37%
Apr
44Va
J«n
5
49
Apr
64
Apr
July 16
33a Jan
2
y4 Jan
2
52
■
Va Mar 23
I1*
% Sep 28
1% Sep
V, Dec
I*# July
%
Jan
%
Jan
8% May
9%
Feb
14%
24
1 % Sep
.
Jan
July
A Feb
Deo
25
Sep
8% Jan
2
11% Nov
11% Jun
26
13% Feb
9
27
lV'aJan
t
3
2% Feb
6
1
Dec
3
Aug
Jan
13
20
Deo
27
Jan
67% Nov
10
41%
Deo
10% Aug
May 28
20
43% Jan
2
Jan
3
9
May 12
92
Oct
32-
2% Mar
25
19
9
99
10%
72%
Jan
3
8
Deo
10%
Feb
92
Deo
104%
40
Aug
2
Deo
4 l/a
Sep
Deo
40'/a
Aug
34
Apr
14
3
Jun
6
39% NOV
4
29 Ve
Aug
46 V* Feb
25
67% Apr
17
72
107% Jun
15
112% Nov
16
May 11
29% Nov
13
24
Oct
Dec
9
98
May
84% Mar 10
Jan 28
81
Deo
84%
22
95% May 15
77 % May
14
101%
Mar 10
55% Jan
28
Feb
25
470
'
115
Aug
33%
105
Jan
Sep
Oct
Mar
Nov
60
27
Feb
44%
36% Jan
3
7
142
Deo
148
Sep
28
78
Deo
106
Jan
63% Jan
9
470
.Feb 25
60
Mar
740
July
149
92
Nov
Nov
11% Mar 13
17% Nov
25
105 Va Jan
10% May
7
18% Oct
.May
1
97 % Apr
Jan
Dec
109%
48%
,32% Apr 28
v
2 5% Apr 24
139
Jan 22
56% Mar 24
85
5
60
44
May
70% Oct
Jan
2
47
Sep
Aug 18
Jun
28
28%
Feb
30
10%
Deo
22
13
100%
Feb
Deo
11
39%
63%
740
16 %
106
Deo
Sep
Nov
July
Bep
Nov
30% Jan
Mar
Dec
10
105%
Deo
114
18 V. Jan
26
12%
Deo
20
13% May 21
4% Sep
22
Deo
1%
Jan
16
%
5% Sep
22
Deo
3%
Aug
May 19
5
Sep
21
2%
Sep
15% Nov
6
11
Deo
21%
Jan
Dec
21
6
11
Jan
96
100
100
17
Deo
t
No par
2%
14%
3y8
1
Colo Fuel & Iron Corp
*2%
Deo
1
1%
33
No par
preferred—
400
14%
3
conv
13%
14%
*2%
preferred
Collins & Aikman—
5%
Deo
108%
10
47
*
—No par
-No par
Colgate-Palmolive-Feet
3% July
1%
2
3% Nov
12
-50
gtd
Sep
22% Mar
8% Jun
(The)—1
100
Pitts RR Co 7%
&
75
Jun
4% Jan
.
——
Special gtd 4% stock
-50
Climax Molybdenum
No par
Cluett Peabody & Co——No par
Preferred
i
100
Coca-Cola Co (The)—!
No par
Class A
——No par
Coca-Cola Intern Corp—No par
$4.25
107
108.
2%
3,800
Clev
Deo
15%
89 '
"
*48%
65
X
2
18
14
July
'Jan
5% Apr
pfd—No par*
Graph Bronze Co
5%
Jun
9
——
$4.50
10%
27% Apr 24
5
Corp_i
Clev El Ilium
2
14% Jun 26
-No par
6Y2 % preferred
:—-——_._100
City Investing Co
100
City Stores—
——5
Clark Equipment
No par
C C C & St Louis Ry Co 5% pfd —100
Copper Co———
Deo
Deo
5%
Jan
110
29
93
25
24%
City Ice & Fuel
2% Nov
122%
—
__
7
27
Jan
125
3% Oct
Jun
100
Oil—.—
116% Mar
3
Dec
72
—
66
*97 y4 .99
8% Jan
23% Jan
27
Mar 10
—
65%
99
Apr
5
24%
*97 %
9
2
65 y4
Chile
29% July
22
1% Jun:
*22%
*22%
60% July
Deo
95% Dec
2% Jun
Pacific—
■
Deo
18%
120% Jan
0
~+ —»•—• —
Tool——No par
—No par
div
No par
Cotton
Co
36
Sep
18
Jan
42
.
cum
preferred
preferred
6 %
3
10
2%
15% Sep
RR Co__
_100
.—-—100
Chicago Yellow Cab—.
No par
7 %
Mar
x
1% Apr *28
23% Jan
2
preferred
C$2.50)
600
13%
1 %
Chic
pf
1,200
11%
1%
Pr
1,100
13%
1%
$3'conv
•
12
"
Chicago Pneumat
'
*13%
'
''jm
112
Nov
% Apr
505% preferred
———50
Chicago Mail Order Co
-5
1
*11%
1%
' "'
8
27% Dec
No par
111- RR Co
Great"west
%
■%
13%
1%
1,800
1,000
A
Chicago
1
12
1%
d&SS
8,100
500
East
&
Va
y8
••••■%•.••%
%
*%
•%
Chic
./y
;■•:
v:
%'
-
y
;
15
30
50
*47
%
%
6 Va
>34%,
'
•
'i
2
11%
■14%
14
'
8!4
<
6 Vb
•'
6V4
300
5,700
126% Oct
95
2% Apr
——5
Chesapeake & Ohio Ry———
25
Preferred series A
*100
10%
65%
*100%
50
•
7%
11
10%
10,900
>■
2%
87%
24
27
—No par-
66
24%
*23%
*108%
a
94
-
2
'
*47
14%
36
*47
%
%
%
%'
.
6!
•
fe."
8V4
■*34%
*14%
:
*%
%
*11%
•..
:
-
2%
-
2
2
10%
11%
*34 y2
14%
36 ! '
.
,<■
6
*47
*11%
1 %
11%
7%
.
2%
937/a
y
33% >33%
'
2%
2%
Feb
23
Apr 29
Apr 17
82
Mfg—
Cab
Checker
3 Va
43
Apr
l%Jan
& Fib Co———No par
preferred
<———L—100
6%
Jan
Deo
3
Apr
11
Cham Pap
»
Jan
7
1% May 27
—100
Chain Belt Co
240
100
9
94
*92%
8%
*7%
1
'■
33%
■33%
2%
.*2 ,;v
11%
*34%
Ji
8
93%
X6
50v
%
8
33%
8%
36'7
%
9
100
200
i:
18%'18%
99 * : 100
30 Va
Apr 24
00
Copper——No par
Products————1
prior preferred—
6%
900
1
17
•;
■';•
100
2%
■
■
18%
100
93%
;
2%
*16ya
17
18%
•
33»/«
33%
2
11%
187/u
1,400
2%
Cerro
Certain-teed
92% May
Apr
3% Nov
6% Aug 12
Feb 25
de Pasco
1,200
-
31%
31
32-.'-
*16%
17
2%
2%
••
-
100
100
*34%
*%
■
*16 y4
31%
31%
31-
31'.'
-
2%
:7-
2%
18%
*47 7
*%
*
2%
30%
31%
17%
50
-
2%
9
»'■
30%
Dec
22
Jan
*
16
—No par
————————-—100
Preferred
79
2
75% Dec
66
Century Ribbon-Mills..,
60
28
17
16
77
100
tCent RR of New Jersey
Jan
28% Nov
2% May 18
110
Central Violeta Sugar Co—-
200
f
3ya
95
95
104
89
15
Foundry Co—
1
Lt 4V2f, preferred—100
1,200
13%
3%
3%
*3
14
2
30
111
1,400
2%
*13%
13%"
13
70
.
99
*. 2 •''•'
3%
•
*95
30%
36
*34%
r
2%
31
94
8%
*2
14%
33%
*92
2%
2%
*47
*7%
7%
8%
30%
30%
100
2%
2%
<:
30%
13
104
*95
98%
98%
*2%
•
3%
*3
3%
97
30%
*2 %
:
*3
95
2%
9%
•.V';- 8%
•?
31
100
*7%
2%
3%
97
30%
19%
*92
•
,>
31
>
100
"99
x
13%
:<■
•
>:i%v -1%
1%"
•1%
*94
3,500
17
1%:
Central
310
71%
17
7%
98%
17%
*16%
71%
16%
7%
.
1%
2%
>18%,
72
16%
7%
98%
31
*30%
72
17%
7%
.
60
160
»
7%
72
17%
7%
1%
94
31
31
7%
71%
17
*97%
3%
f'i-"
95%
72
1%
13%
*3
94%
118%
95%
96 ?
16%
7 2% V 2%
2%
94%
118%
*95%
97%
1%
98
98
*13%
*118%
95%
Central
230
94
119
94
93%
119
95%
97%
1%
2%
94
16%
93 y2
119
95%
*71%
7%
i
72
16%
98
97%
95%
7%
72
16%
>1%
94
119
95%
7%
7%
772
7%
*71
*92
119
95
*94% : 95
-
93%
118%
118%
119
*118%
Apr
Jan
41
82
of Amer
Celanese Corp
Deo
117
No par
5 %
series prior preferred——100
•7 % prior preferred-^—
.100
7 % 2d preferred
u
100
Celotex Corp—————+-No par
5 %
preferred^
—— ——100
Central Agulrre Assoc
—-No par
6,900
32
.
1,000
•
•
''
Apr
3% July
9
54% Apr
,.."V '
Caterpillar Tractor———No par
;
39%
38% Dec
-
—1
100
—-——-—100
——
....
Deo
20
22% July
5
Co—.—
Co—
Preferred
110
*124%' 130
130
Carolina
Case
Deo
1%
»Apr
77
Carriers & General Corp—
23%
.'
32%
5% Aug
32
preferred A____
.-v.
Clinch & Ohio Ry,——100
39%
68%
X68%
$3
1% Feb
Deo
3
10
3% Jan
par
——1
10
84
23%
23%
23%
•
33
7
,
29% May 16
Ry—„25
Capital Admin class A—
*38%
v
39%
83%
*3
20
'
*83%
38 %
23%
1,300
!
Mills————No
Cannon
200
••
4%
Pacific
Canadian
5,600
36
*4%
%
84
24
6%
6%
6%
35%
4%
4%
38%
73%
*125%
6 %
35%
6% I
36
*4%
3
*73
125% 126
6%
*35
Dec
28
'
*34
it
11% Jan : 2
Hecla Cons Cop——5
Campbell-W & C Fdy
—No par
Canada Dry Ginger Ale———-—5
Canada Southern Ry Co—
100
2,200
«,
31
*28
31
,
Calumet &
900
'•;
13%
13 y8
13%
Callahan
2,700
t
15%
16% Jan
50% Apr
No
Zinc-Lead
2,500
Ui
6%
6%
preferred—
5%
'
*15
15
-
*28
31
'%
.
6%
13 Ve
13
6%
%
•
ltf.
; g%
*15 %
~
57
,
par
———50
Packing——
California
1,100
20%
20%
V *53
57
*53
"
0
20%
20%
20%
*53
r
o
%
A
l(t
ui
20%
20%
*53
0
.% Apr
'
1
>
% July 10
17
8% Apr 24
8% Apr
108
15% Nov
1
ft
Deo
Jan
THE COMMERCIAL & FINANCIAL CHRONICLE
2100
NEW YORK STOCK
LOW AND
per
1%
1%
1%
1%
1%
STOCKS
Thursday
Dec. 9
f per mar•
t per thare
share
1%
I
1%
1%
38%
37
37 %
*36
36%
35%
36
*34
36
75 Va
75-/4
75%
76
76
♦10
10%
10-/4
10'/4
*10%
10%
10%
32%
*30%
32%
30%
30%
*30%
32%
*30%
1%
x27%
27%
27
27%
26%
27%
27%
24,000
27%
10%
♦31%
,28-/8
*105%
*104%
106'%
33
33-/4
*107
-/4
79%
105-%
*105
107-%
9
9
9
9-/a
%
32
%
32%
32%
32%
20%
21%
20%
*2%
3%
17-/s
17%
17'%
17-A
17
12
12-/4
12
12
12%
*85
89
*84
89
91%
4%
4%
15
*84
91-A
91
14%
15-/8
89
89%
20%
"'%
32%
33
21
20%
20%
20%
20%
*3
3%
3
17
17%
17
7%
7%
*2%
7%
3
6%
16%
17-/8
16%
12%
12%
12%
12
6
*85
89
90
*88
91%
190
4%
3,600
43/4
4%
43/4
*43/4
*4%
5
7%
14%
14%
14%
15
89%
88%
89
'"%
%
%
37
*35
37
90%
*89-/4
90%
15%
4
,
'15%
4
*97%
%
•;
„
7%
73/4
73/4
2%
2%
2%
2%
2%
6%
6%
6 3/4
7%
32,000
*43/4
5
4%
4%
*4%
*
7%
V
'
90% JK'1
7%
7 %
*34
7%
90
>*15%
3%
4%
97-%
*97%
25%
25
25%
:
89
4%
■.-=>
4%
1
98
883/4
15%
15%
4%
4%
4%
;
,
/
•
25%
6%
6%
6%
6%
41%
41%
*41%
41%
3%
3"%
3%
26%
26%
26%
26%
*20%
21%
25
21
21
*9
9%
*44
47
34%
9
55
55
176
176
*3%
*95
95%
*16%
7%
.
26%
*44
46%
34%
35
Continental Bak Co
Can
6%
6%
6%
6%
Continental
Insurance
8,200
Continental
9,100
Continental
175%
3
%
3
u
n
8ft
*44
33%
54%
preferred
55
4,000
176
60
*2%
3
3
3%
*14
12
7%
*9%
13%
11,000
380
*7%
7%
19%
19%
19%
19
37-/4
*36%
37
37
10%
10%
11
X10%
7%
*90
95
10-/8
10%
*9%
10
*7
*103
*90
10%
95
*90
10%
10%
82
31%
31%
72
72
9%
*9%
7%
110
95
95
10%
10
31
*71
10
7-/4
*100
95
10%
!
80
(
2,700
31%
-
<-
*9%
500
9%
7%
110
190
7%
*100
2,900
110
-
98%
10
230
71
*95
98%
^ 10%
10
*10
18%
*17%
18%
*17%
18%
*17%
18%
*17%
18%
*17%
*98%
99%
*98%
99%
*98-/a
99%
*98%
99%
*98-/a
1%
1%
1%
100
! 99'/a
1%
20
*17%
99%
'
1%
1%
30%
30%
30%
30%
30%
29%
30
30
30%
30-/4'
17%
17%
17%
17%
17%
17%
17%
17%
17%"
6%
6%
6%
6%
6%
6%
6%
20%
19%
20
*91%
100
6%
6%
20%
20%
100
*91%
*76
*91%
80
16
20
16
*76
100
19%
*91%
80
15%
80
80
15%
15%
15%
7
May
7% Jan
9-/4
14
16% Nov
14
3
par
7 '/a Nov
8% Jan
23%
Jan
Deo
107%
Jan
%
7
Dec
1%
Deo
5
Jan
82
77
Apr
2
28
26
1% July
July
11
v
3%
6% May
Feb
0% Nov
2%
Feb
■
'
9
k
Nov
Nov
6
14
Dec
96% Jail
15
93
Dec
106%
163/4 Oct
24
11
Dec
43/, Dec
11
103% Jan
28
16% July
5-/4 Aug
109% Nov
7
7% July
30
2% Dec
70
Jan
July
*76
15%
20%
100
1
%
20%
84
20%
20%
'
20%
2% May
15%
"lO
1,200
45
.
$2.25
Crown
•
$5
conv
preferred
Cuba RR 6ft
Nov
173/b
15%
Apr
9s/«
Deo
18%
23%
Sep
23% Apr
24
36% Nov
10
28%
Deo
52%
Jan
17
55% Jan
9
42%
Apr
Apr 17
2% May 22
A3 Apr
8
179
Oct
2
3% Nov
170
10
% Nov
21
Mar
2%
X54
Deo
*
182% Jan
4% Jan
Deo
ft Deo
%
14% Oct
20
11
Deo
15
98% Nov
10
88
Deo
107
Jan
2
16% Dec
1
10%
Deo
10
Jan
9
July
5% May
1
14% May'
9
9% Oct 23
20% Nov
4%
28
19%
Jan
'*3%
3%
*16
18%
11%
*104
107%
10
9%
22%
3%
4
*3%
18%
♦16
11%
>104
*16
11%
107-/4
*104
9%
*9%
22%
22%
22%
30%
30
30%
30
15
Deo
27%
Jan
38%
Dec
45%
Jan
25
10
Deo
15% Jan
88% Jan
15
80
Dec
94
23% May 20
39% NOV
4
38
Deo
47% Jan
63
84
Nov
7
73%
Deo
08%
10
77
par
Mar 27
Jan
8
Apr 27
112% Sep
May 19
Jun
25
41
8% Jun
26
5
Jun
29
88
Jun
13
74% Jan
2
95
.—100
30
83/4 May 29
133/4 Jan
14
9
Jan
27
140
Jun
3
72
Dec
9.
41% Feb
13% Jan
14
1% May
3%
Oct
12%
12
12
9
9
13% Nov
8%
Feb
8
Feb
127%
Sep
77
Deo
Deo
3%
3%
*%
16%
Mar 14
19% Sep
12
12%
Deo
25
Jan
Feb
99% Nov
17
08
Deo
09
Deo
No par
18
A3 Jan
2
2
Oct
14
%
Deo
13% May 19
32% Nov
12
133/4
Deo
45
12
par
20% Oct
15
16
Deo
34% Feb
9-/a Jan
6
—1
—
A
Jun
30
5% May 20
6%
1%
Dec
Jan
10%
18
Jun
24
25% Jan
12
24
Deo
29%
Jan
80
Jan
19
95
Oct
23
80
Dec
90
Aug
No par
44
Jan
17
81
Nov
9
42%
Feb
47% Mar
No par
$8 prefened—
Cutler-Hammer Inc—
3
3%
•%
%
;
3
C
12% Jun
22
18
Oct
21
14%
De«
30
30
30
30
30
3,700
*12%
12%
*12%
8%
8%
8%
8%
3
3%
3
3%
3
38%
*30
18%
18
*8%
8%
21%
21%
*82
85
8%
21%
37
22%
23
*36%
37
8%
8%
*9
21%
22
86%
*83
'
9%
/
*83
9%
37
37
9%
*37
-
8%
22
86%
20
July
9
9
♦116
126
*116%
*9
30
10
120
*177
*12
30%
133
31%
131%
*125%
117
31%
130
131
125%
1253/4
117
117%
117%
170
313/4
•\v 2,500
3%
147%
180
*177
28%
28%
283/4
28%
28%
29
28%
29
10-/4
10
10%
10%
10-/4
10%
10%
10%
1%
1%
10%
1%
32%
32%
31
32%
24%
24%
*24
24%
*42
44
112
2%
*55
*42
2%
573/4
*57
60
*64
66
44
*109
*55
*26%
24%
*109
2%
57%
31
*55
1
2,400
Deo
164% Jan
127
Deo
Hi
May
34
Jan
Eastern Airlines Inc
1
Eastern
5
400
Rolling
Mills
(N J)
6ft cum preferred
Eaton Manufacturing Co
Eastman Kodak
2
Electric
Auto-Lite
5
Boat—
(The)
400
6,300
2,300
1,300
Elec & Mus
Ind
3
——
Am
$7 preferred
%
%
%
573/4
*53
.
4,100
32% Dec
1
24
May
Jan
573/4
$5 preferred
*54%
58
100
$5% preferred
*62
66
150
$6 preferred
1,800
Equitable Office Bldg
7
1%
Dec
5%
9
120-/4 May
145%
Sep
180
Nov
7
160
Apr
182%
Jan
341/4 Oct
8
27
Dec
36%
Jan
-
7
15
Jan
21
2
2
30% Oct
20
133/a Jan
5
14%
Jan
Feb
17%
Sep
17%
Dec
33%
Jan
10
Dec
173/, Jan
%
16
V/a Nov
1% NOV
2
%
Deo
43/,
35-A Jan
23
27%
Feb
39%
Nov
323A Jan 23
23%
Feb
36%
Nov
No par
29
34% Nov
12
26%
Dee
26% Feb
18
21%
Deo
33
Mar 16
39%
Feb
47%
3
50
;
Public Service—
58
Oct
20% Jan
103/8 July
4% NOV
147-/4 Dec
No par
Natural Gas
Engineers
Jan
2
Apr 24
Mar 28
May 16
A Feb
No par
Endicott Johnson Corp—
5ft preferred
633/4
%
17
103/4 July
117
% Jan
2
17-A Apr 27
15
Apr 23
-No par
,
10
63%
11
•
shares
Electric Power & Light
110
*56
2%
108 '
170
26
—100
—4
Edison Bros Stores Inc
110
*55
16% Apr
No par
Electric
110
573/4
Jan
Feb
El Paso
58
63A
136%
200
633/4
Dec
111% July
1,200
633/4
Dec
Aug
2 3/,
120%
1,900
*56
6
105
7
44
*55
6
6
3,700
1%
2%
23
July 27
Jan
Jun
2
23%
2%
7
23%
Aug
32%
23/8
Oct
10% Nov
79
141% Jan
Nov
23%
2%
Dec
Jan
44
2%
Sep
12s/a
118
32
2%
ylll'/a
Dec
127
24%
*109
Dec
9
163/a Oct .13
144
44
110
Jan
17% July
120
Apr 24
111% Mar 14
*31%
-109
Oct
23-/b
1023/4 May 20
*43%
32
37%
Deo
120
3,500
1%
28%
59-/4
Dec
May
8
'
30%
28%
17
x9%
26
x23%
57%
*■
333/a
10
1%
703/4 Oct 21
129
323/4
;r
18% Nov
Feb
24%
64%
28
10
12%
30%
23
Jan
Jan
31
573/4
31
27%
2,200
,
28%
10
12
15% Nov
10%
8
43%
57%
32
27
1%
30%
600
.
180
X28%
9
25% Nov
Apr
•
3%
145%
12%
'
1,300
2% Apr 28
1
Nov
6%
112
24%
*63%
page 2107.
1
33%
7,000
,
9
37
9
par
43%
23/a
14
93/8 Feb
—100
Du P de Nem (E I) & Co_
20
$4.50 preferred
No par
Duquesne Light 5ft 1st pfd
100
—No
24%
60
3*1
*1%
30%
•
■>
International
Duplan Corp
8ft preferred
44
65
see
30
*177
'
Dunhlll
$6 preferred
Elec Storage Battery—
110
2%
1%
1%
26%
*57
For footnotes
1
27
*64
3
16
*1%
29%
31
31
*43%
112
2%
3%
145 l:
180
28%
*109
31#
'31%
3-%
1453/4
180
100
132%
12%
26%
10
120
126
33%
26%
Apr
2,600
12%
26%
8
5%
3%
1%
7
16% Apr 23
5%
147%
1%
■32% May
*4%
*3%
29%
May
May 21
147%
1
7
Apr 29
3-%
29
10
13% Mar
33%
<
9% Nov
7% July 17
par
51
12%
1%
No
—
95
33%
29%
Jan
No par
12
1%
Jan
86
No par
33%
*28%
18%
Dec
i—JVo par
*9
Jan
Jan
12% May
Douglas Aircraft.
*4%
Sep
29%
41
65
Dresser Mfg Co
*117
:
Apr
9
Dow Chemical Co
10
23-/4
20%
5
400
120 '
Deo
Dec
Nov
2,500
*9%
16 a/a
12%
22% Nov
5
2,100
*117
7
87
Jan
16%
12%
1%
500
5.000
Co
18% Jan
6% Aug 24
16% Mar 7
56%
33%
29%
:
Aug
% Aug
70
1283/4
*12
1%
143/8:.,
July
6'A
par
2
No
55%
33
26 3/4
23% \
Sep
100
Corp-Seagr's Ltd
pref with warrants
1273/4
33
29%
38
Diamond T Motor Car Co
*15%
10
*1%
Deo
Deo
18
Apr 28
33% Apr 21
par
15%
28%
1%
21
33
-——No
preferred——.——25
128%
*177
123/4
Sep
128%
180
323A
Feb
ft
Xl5%
146%
180
2%
22
16
126%
30%
6
27
1% Sep
129
117
3%
19
4% Jan
16
10
14
113/a Oct
128
120
Dec
2
2% May 21
A Jan 23
19
Match-:
partic
Class A
:—No par
Doehler Die Casting Co—
No par
Dome Mines Ltd—
—-No par
*9%
30% Aug
18% Jan
0%
39% Aug 24
6ft
150
*117
Dec
5
27% Jan
Diamond
Dixie-Vortex
4%
Apr
6
13% Nov
16
200
4%
27
30-/a Nov
Jan
27
9%
56%
28%
25
'
Jan
Feb
Oct
*9%
14%
114
Sep
li%
Jan
9%
56
100% July
;
37
5ft
*22%
8%
5
14
21
Distil
56%
8
Dec
2
100
56
Jan
10
24% Jan
5
700
.
110
16
3,200
*37
16
16
Oct
8%
v.
Mar
Jan,
22%
.
Oct
14% Apr
84%
14%
Sep
11%
Dee
14
22
14%
18
Apr
37
—No par
84%
130%
30 3/8
,
-20
—
22-A
9%
Dec
6%
Devoe & Raynolds A—
84-/s
*116%
146
Detroit Edison
22
*125%
3%
8%
2%
14-/1
16
4% Apr
-50
*82
131%
30-/s
8%
7
26
18% Apr 29
25% May 12
pfd—. 100
22-A
116%
146%
*8%
Dec
7
84%
126%
3ys
123/4
8%
f
tDenv & R G West 6ft
4
173/4 Oct
12% Nov
4
9% Apr
22
116%
1453/4
1%
■
7
-10
*82
126%
3%
*12
200
117
1453/4
323/4
1,100
363/4
129%
*3%
323/4
223/4
36%
130%
145%
180
5%
*116
22%
36%
126%
127
117
,30%
15%
*4%
120
129%
56%
128
15%
9
120
130%
23
36%
14%
126%
5
23
36%
126%
4%
23
37
23%
126%
*177
,-j.
Aug 12
Detroit Hillsdale & S W RR Co_ .100
10,200
580
14%
126%
•;
18%
36%
14%
17%
38%
*18
23%
23
14%
56%
5%
17%
*30
18%
23
22%
14%
55%
Delaware Lack & Western
38%
X23
23%
14%
1,600
5,400
300
102
■
100
———
Hudson
&
100
par
,_20
—
3
%
17%
Preferred
Deisel-Wemmer-Gilbert
2% Apr
15% Jan
8
—1
.——No
—
Delaware
18%
9%
*22%
300
pfd—
Inc
Co
;
-25
—1
(The)
8%
18
36%
14%
56%
17%
*30
12%
-
%
*8%
55%
127
*8%
17%
38-A
*%
X36%
22%
16
23
*36%
%
9-%
14%
16
*%
37%
55%
16
29%
12%
8%
-B
—
Co.
Dayton Pow & Lt 4% ft
Records
38-/4
23
108
&
*30
37%
*104
Chemical
Deere
17%
22%
108
Davison
Decca
38-%
*36%
*104
Davega Stores Corp—
Conv 5ft
preferred
400
*17%
23
107-/4
200
8,300
*30
37%
2,800
9%
17
22%
100
11%
22%
%
*36%
3%
18%
11%
22%
*12
3%
17%
*3%
*15%
12
*9%
17%
*30
3%
16%
*11%
9%
%
18%
*3%
XI6%
22%
17%
17%
4
18%
11%
22%
%
*30%
Sep
1
pfd
.
x9%
17-A
116%
Jan
100
—
9%
17
*126
Jan
13
90
—No par
Curtiss-Wright
22%
17%
*8%
Sep
100
——————No
*9%
17
130%
Jan
—5
Curtis Pub Co (The)
22%
30
11%
9
*104
9%
12%
9
11%
23
*11%
9%
*3%
*16
11%
107%
9%
22%
4%
18%
11%
*30
*116
Jan
D
*11%
*4%
Jan
17
Jun
100
preferred—
•.it.
*15%
Jan
56%
V':-;
22%
Jan
Deo
100
Inc
Press
27-% Nov
48
100
Cudahy Packing Co
Feb
30
32
100
preferred
Jan
12% Jan
——
conv
Sep
Sep
4%
Deo
21% Nov
27
preferred—
Sugar
Preferred
Class
2%
12% Jan
2
—No par
Cuban-American
5% ft
4% Nov
Jan
10% Apr
.—5
preferred
conv
40%
10
45%
85
No par
——No
Feb
35% Feb
51% Jan
—No par
Crucible Steel of Amer
5ft
25
—100
Zellerbach Corp—,.
Deo
6%
15
Jan
13
1
(The)—
21%
9
Mar
159
preferred—-—No par.
conv
■
*36%
Jan
42% Apr
.
—1
Cushman's Sons Inc 7ft
;
17
July
83/4 Jan
8
8% Apr 29
—
Prior preferred
3,700
84
15%
1
Preferred
13,100
42
28
Apr 23
50% Apr 29
——
3,500
100
*76
15%
-
1,240
6%
*91%
84
15%
13,300
-
28
303/4 Apr
—100
Crosley Corp (The)
4% ft
1%
6%
100
*76
15%
1%"
1%
•
*91%
21% Apr 29
5% Sep 22
■
*8%
Jan
Deo
%
39
21
May
8
Oct
BViJuly
Dec
13
Jan
3
Jan
Deo
X82
9
3% July 30
4% Jan
7
9
,
Jan
Jan
Deo
17
Apr
15%
973/4
103
4%
16
3/4 Nov
Dec
Jan
li3/*
4
Jan
Jan
4
Deo
90
1 % Jan
—25
preferred
conv
Cuneo
18%
6%
1,000
»
31%
18
30%
*17%
77
3
2
5
Crown Cork & Seal.—
2,700
30%
7%
*95
900
10%
*98%
1%.
24
94
9
% Jun
1
-
Cream of Wheat Corp
300
*17%
1%
Apr
No par
Co_
5ft
/ 1,800
>
70
9%
7%
*100
7%
37
-
Crane
1,100
19
'
*78%
72
*9%
7%
110
7%
80%
'31%
80-/a
73%
7%
*100
10%
31%
9%
'
7%
110
4
Feb
11
25
'
92%
19%
105
12% Dec
4% May 13
—
-
12%
*36%
7%
105
Sep
11% Apr
78
30%
2% Nov
97% Feb
Apr 20
4
5
par
5
Refining
92%
19%
*79
Products
Preferred
Inc.—.
16
31%
89
$2.50
Internat Corp
'
7%
pref 5ft
Coty
16
*72
9% Aug 15
74% Aug 19
Del—i———>5
Coty
16
74
May 20
83
Co——
500
16
7%
of
Steel
1,400
16
31%
Deo
20
.
Motors
Oil
u
*\h ■/
16
*72
23-/4
Corn
54
176
93%
X31%
Deo
—100
Inc
Continental Steel Corp
Conv
*175
55%
*175
36%
10
18%
1,160
13%
74%
Dec
21% Mar 25
50
13
11
20
15
20
93%
80
65% July
Aug
series—
13%
33%
*72
.
46
35%
93%
11
11% July
li Jan
Dec
183/4
Corn Exch Bank Trust Co
*44
12%
80
Deo
39%
Dec
35%
46
35%
93%
10%
Dec
%
6
13%
Copperweld
95
83
7-/a
8
6
400
19%
10%
8
Ji Jan
9
1,500
36%
*80
10% Oct
44% Jan
7
9%
19%
>
7% May 12
32
Jun 26
3% Jan
19%
36%
10%
Jan
17% Dec
9%
19%
80
Jan
23% Jan
19%
36%
10%
Oct
37%
110
3
9%
9%
19%
80
104%
Dec
29
26%
16
7%
Dec
100
22
20%
*19
u
4
3%
94%
7%
19%
19
17% Apr
1% Jun
26%
13
1
Dec
2
11
Oct
12% Apr
26%
26%
39
19%
*36%
96
33% Dec
109-/4 Dec
7%
par
Diamond Fibre
41%
1,300
2,300
Continental
40%
41
12%
16%
105% Nov
2
4'% May
21% July 31
No par
Continental
34%
55%
175%
3
%
29
113/4 July 6
2% Apr 29
12,100
16%
16%
7%
3
26%
55
176
91% Apr
20-/4 Jan
Corp of America——25
25%
95%
*95 »
7%
176
Mar
Container
25%
9%
55
Aug
31
22
25%
»»-
12%
16%
20%
9
34%
28%
Dec
25
25%
4
*19
46%
Apr
16%
100
pfd
98
4
9
3
%
3%
21
54%
176
3
/•' Ve
13
4
9
34%
21%
2
No par
98
6%
41%
21
55
*175
6%
41
26%
*44
34%
54%
3%
*%
12%
3%
46
34%
6% =..•'■
41% i
25%
26%
9%
*44
34% '
6%
41
27
'
25%
1 -
*
4
19
—5
6ft
Jan
Oct
5ft conv preferred
100
tConsumers Pow $4.50 pfd—No par
200
July
17
35
Consolidation Coal Co
i.f
25%
83
100
98
*973/4
Dec
Nov
82 ye
11% Oct
440
1,300
19,400
Apr
64
78
100
Corp——No
Cuba
,'72
29 % Dec
400
7%
36%
88
"
of
Nov
2
Consol
RR
Deo
42%
100-/4 Mar 17
—No par
Corp
Oil
43%
7
__1
—;
preferred——
Laundries
Jan
6
8
25
$2 partic preferred.——
Consol
Consolidated
4%
Jan
2
300
*7%
'
153/4
15%
1,500
5
*33-%
36%
153/4
4%
97%
-
7%
*33%
x883/4
37
89%
73/4
7%:
I per share
Dec
Jan
-
$5 preferred
No par
Consol Film Industries——,——1
2,200
6%
prior
1
14
45% Jan
1
5-/a Jan
No par
No
Consol Coppermines Corp_r_.
Consol Edison of N Y
—No
800
7%
15%
4
%
,
6% ft
15,400
1,700
■
6%
98
*97%
883/4
-
37
893/8
%
";■'
14%
88
2%
.
43/4
7%
1
14%
''
■
;
23/4
6%
b *34
15%
4
98
7%
43/4
*89%
15%
7%
63/4
7%
73/4
%
2%
*34
4%
4%
88 3/8
5
7%
X4%
14%
3/4
2,500
89
90
54
Highest
J per share
16'% Jan
24
par
Co
Inc—
Consol Aircraft Corp
*85
par
100
Consolidated Cigar—
7% preferred
91
par
-No
-No par
-No par
Edison
Year 1941
Lowest
2% Nov
Mar 16
Conde Nast Pub Inc—
Congoleum-Nairn
5,500
89
51
-No
10%
*90
par
10
pf ser '35
Commonwealth
300
6,000
*85
Sep
.
16%
*10
12%
19,800
3
14
29
preferred
conv
30% Sep
Commonwealth & Southern. -No par
$6 preferred series
-No par
4,700
17%
16%
16%
;
89
3
6%
*2%
17%
—
Commercial Solvents
45,600
32
91%
%
73/4
*2%
6%
3
17%
143/4
ft
4,400
%
33%
88%
'
8%
9
9
preferred
Credit
Range for Previous
Lots
$ per share
4
-No
Pictures
conv
Sep
.No
Co
Comm'l Invest Trust
$4.25
1
100
Carbon
conv
4-/4%
200
%
20%
100
.
9,400
32%
3%
4%
89
*%
%
•.
8%
•"
.
32%
A
"
%
107%
109-A
32
108%
$2.75
100-Share
Highest
100
preferred
Commercial
of
t per share
par
preferred series A
Columbia
200
6,200
89
91
4%
*105
6%
Columbian
1,000
27%
32%
17
>
10%
32%
-No
5ft
900
Basis
Lowest
Columbia Gas & Elec
70
%
17%
17
10%
27%
108%
On
Par
1,400
32%
33
*2%
16%
*91
9
38
*31
108
31%
*106%
9
37%
10%
*105
31%
108-/2
17%
89%
35
*77%
x31%
3
-15
*33
77
*106%
17
43/4
34
77
32%
21%
3
38
34
78
108-%
3®
16"%
38
34
*107
33-/4
21%
32-/4
38
34
110
9%
33
105%
33-A
38
*76%
*107
110
.9%
106
32%
37-/4
Range Since January I
STOCK
EXCHANGE
Shares
1%
32%
28%
10-/4
37-/4
NEW YORK
the Week
I per thar a
1%
*37%
Sales for
Dec. 11
share
per
*75%
,
Friday
Dec. 10
$ per share
l%
RECORD
PRICES
Wednesday
Dec. 8
Dec. 7
Dec, 5
I
Tuesday
Monday
Saturday
HIGH SALE
Monday, December 14, 1942
Jan
2
19% Apr 24
100
393A Apr 27
107% Feb 16
1
1% Apr 17
No par
No par
—No par
-No par
40
46
47-/2
A
Apr 28
July 27
Apr 25
Feb 21
49
9
Jan
%
Aug
Jan
34% Aug
July
Bep
Oct
9
107%
Nov
113
Oct
3Vt Jan
5
2%
Deo
7
Jan
112
30
66
Jan
73
Jan
5
83
Jan
17
% Oct
17
64%
Deo
69
Dec
74%
Deo
ft Nov
80%
Apr
83% July
89% July
%
Jan
RECORD
NEW YORK STOCK
'
f per
I per share
t per
share
*734
8
8
8
7%
7%
7%
t per
share
$ per share
share
I per
Par
*6 %
6%
6%
6%
6%
6%
6%
6%
3,800
243b
24%
24%
24%
24%
24%
x24%
24%
23%
23%
23%
23%
1,300
Ex-Cell-O
14
ft
ft
ft
%
1,000
Exchange Buffet Corp__
7%
37%
36%
36%
"3%
*37
7%
"3%
"3V4
7%
7%
36
36
3%
«■
%
1
1
1 tf
*3%
3%
*3%
3%
7
7
800
3%
7,
S per
share
Highest
I per share
share
4%
10
Dec
Aug
10% Oct
23
10
Oct
23
2%
Dec
Jan
27
30%
Dec
42% Nov
Dec
10
75
Feb
75
4
2
2
10
70
Dec
Lowest
44
4% Jun
7%
Aug
Feb
4% Sep
18
1%
Dec
3%
Jan
Dec
10
4
Dec
8%
Jan
May 20
28% Oct
13
21%
Dec
30%
Jan
23
1 % Nov
10
ft
Deo
%
Jan
27% Apr 28
37 y* Jan
16
32
Deo
45%
19
Jun
30
293/4 Jan
29
16%
Jun
24% Mar
6
Jun
22
8'A Jan
5
6%
Dec
13
Mar
693/4 Sep
10
93
Jan
31
90
May
100
Jan
20
Apr
18
24% Jan
16
19%
Dec
26% July
8
Apr
15
IP/4 Nov
12
8%
Dec
14%
Jan
3
2
1% Jan
2
4% Apr
24
20
—3
Corp
< per
share
3% Jan
70
Year 1941
Lots
Highest
32 % Jun
lErle RR common,...,
Ctfs of benef Int.
5% pref series A
Erie & Pitts RR Co
10
72
3%
3%
7
36%
*65
70
70
~3%
7%
7
36%
36
1,600
16,400
1,400
7%
7%
7%
7%
7%
36
36%
7%
7%
7%
7%
7%
36
100-Share
of
Lowest
—No par
-No par
100
...
—50
Eureka Vacuum Cleaner
5
Evans Products Co
—5
7%
Basis
On
Shares
t per share
Range for Previous
Range Since January 1
STOOKS
NEW YORK STOCK
EXCHANGE
Sales for
the Week
Dec. II
Dec. 10
Dec. 9
Dec. 8
Friday
Thursday
Wednesday
Tuesday
Dec. 7
Dec. 5
HIGH 8ALE PRICES
AND
LOW
Monday
Saturday
'
*
2101
CHRONICLE
THE COMMERCIAL & FINANCIAL
Number 4133
Volume 156
Jan
$2.50
7
F
33'/a
33%
33%
33%
X32%
32%
32
32%
21
20%
20%
20%
20%
20%
20"%
20%
20%
20%
*11
11
*6%
6%
6%
*78%
801/2
78%
79%
79%
79%
20%
20
20
20
20
20
600
11%
200
3%
1,300
Federal Motor Truck
No par
Jun
30
4»/4 Feb
4
V*
Apr
4>A
Jan
1,700
Federated Dept Stores
No par
100
11% Apr
28
18VWan
7
143A
Dec
27%
Sep
74% NOV
20
87
Jan
6
86
Dec
97%
Jan
-1
7% Apr
21
14%
Dec
10
8'A
Dec
16
$2.50
29% Apr
29
42
10
133/0 Jan
3
11
80
3%
3%
14%
14%
147/a
*75%
79%
*75%
79
12%
13%
13%
14
14
14%
13"%'
137/a
41%
41%
41%
41%
41%
41%
42
42
19%
19%
19%
20
20%
103%
103 %
19%
104
*101%
102%
103
15%
*101%
33%
33%
33%
x32%
32%
31%
31%
1,200
First
15%
15%
15%
15%
xl5%
15%
15%
15%
5,700
Flintkote
*96%
100%
*96%
100%
24%
24 %
*24%
24%
*96
100%
*24%
24%
*24%
243/4
243A
100%
*96
100 3A
*96
24%
*
*9
*39
39%
10
131
131
*16
*131
17
*6
35
35
34%
17
95%
17
*94%
17
*16%
95%
95%
95%
2%
*1%
1%
1%
1%
9%
9%
9%
■
*17%
18
17%
3
2%
"
*47%
17
*16%
17
17
95%
*94%
95%
100
*1%
2%
*1%
2%
*1%
2%
1%
xl %
1%
*1%
1%
1%
1%
9%
*8%
17%
2%
2%
2%
*2%
2%
I,100
9
8%
8%
*8
8%
100
400
*8%
9
9%
51%
6%
*6%
6%
6%
*100%
102%
102%
102%
3634
37%
36%
3 7'A
37%
36%
9%
*9%
9%
; 51%
*47iA
.
37
133
133
133
*130
4%
4
4
2'A
2%
2%
2%
2%
2%
2%
2%
2%
-7%
7%
7%
7%
7%
7%
7%
*7% /
8
,
10
1,300
2%
'
21/4
2%
2,200
7 Ve
71/4
7%
72%
72%
72%
72 3/4
72
72%
71
71%
70%
71
70%
70%
340
19%
19%
19 Vs
19'A
19
19
19
19
19%
19%
19%
191/4
800
29 Vs
28%
112%
113
29%
34%
34%
28 %
93
90%
83
83
*129%
130%
*129%
93
83 %
83%
128%
128%
42
47%
128%
126%
127
127%
127%
18%
*17%
19
*17%
*2'A
2%
41 3
42
4
127
2%
•
*16%
2%
2%
2%
'
14'A
*14
14%
*4%
4%
1043A
*103
%■
*»A
.
;
■
% V";:
*
%
•
12%
12%
*12%
12%
*12%
12%
106%
*104%
106%
*104%
106%
*
u
%
30
*28%
30%
*28%
30%
16 "a
16%
Xl5%
15%
15%
15%
15%
15%
15%
*9%
9%
9%
9%
*9%
9%
9%
9%
58V4
58%
593/4
59%
59%
59%
58%
■
59
•
15%
4%
4%
60%
4%
60%
1
*14
■
*60 Vs
4%
4%
14%
14%
ie
2
2
*71
■
39
■
2
.,73
,
'
4%
.
■
4,200
.
5
4%
57
56%
:
56%
14%
14%
14%
40%
39%
*56
14%
14%
39
41
1%
1%
1%
*73%
75
*73%
*73%
25%
25%
X24%
25%
24%
24%
81%
81%
81%
81%
81%
81
81%
23
22%
23%
22%
23
\l
4%
81%
*78
n.
•
%
:
4 Vs
4%
4%
8%
*8%
8%
*8%
8%
7%
7%
7%
7%
*31%
24%
13%
20%
.
13%
24
14
19%
'
20 3/8
23%
300
41/4
700
81%
<81%
811/2
110
U
•3,000
•
900
•
%'
*8%
'
23%
8%
8%
*7%
7%
:
7%
7%
31%
31%
31%
31%
311/2
31%
24%
*23%
24%
*23%
24%
14
14
313A
31%
*233/4
13%
19%
20%
20
20%
20
20 %
19 %
20 3/8
23%
23%
23%
23%.
23%
23%
63%
*60
65
*60
137
65
136%
*60
137
65
*136%
*60
137%
65
*60
32
32
31%
32
31%
32
31%
31%
31%
313A
31%
14%
14%
14%
14%
14%
14%
14%
14%
14%
14%
"Xl4%
*11%
11%
11%
11%
11%
11%
11%
12
2%
2%
2%
12
2%
2%
*83%
84%
*3%
26%
*83
84%
3%
3%
25%
4
26%
25%
2%
*82
84
.
*11
8,500
11%
500
*11
11%
11%
11%
*10%-
10%
10%
10%
*2%
2%
2%
2%
2%
2%
*82
3%
25%
24%
84
3%
25
*82
84
83%
3%
3 %
3%
24%
24%
24%
conv
101
Jun
104
Sep
39 '/a
Dec
55
Jan
10
3%
Dec
12
33/8 Jan
■5% Nov
2
Iron
8
Dec
144
July
20
2%
Dec
5
Mar
Sep
11
33/8 Oct
10
2
Dec
6V8
Jan
14
63A Dec
15%
Jan
4
25
16% Apr
120
Apr
73%
Feb
97
21% Nov 25
16
Dec
22
27
118
Dec
130%
Apr
243A Dec
35%
Jan
5
33%
Feb
42'A
116 Vs July 24
112%
Jan
l3/4 Jan
15
V*
Jan
Jan
9
303A Oct 21
28
233A Apr 24
IIIV4 Apr 29
40% Jan
x
% May 13
61
Mar 25
64% Apr
v
102
40
8%
1,900
Gulf
1,500
$5
1%
104
Jan
Sep
Dec
132%
Jan
Jan
131% Feb
10
43% Nov
9
28%
Dec
48%
Apr
10
128
July 29
121%
Dec
127%
133/8 Aug 31
30
27%
Dec
3% Sep
17
3
Aug
Mar
48
4%
Sep
Jan
A Jan
10% Apr
% Jan
2
14% NOV
Dec
16 Va
Jan
107% Jun
5
98%
Jun
106%
Jan
% Oct
13
V*
Nov
Mar 11
313A Nov
16
16%
Apr
25
Dec
19% Jan
5
14
Dec
29%
Jan
Jan
23
8 »/4
28
May 21
80%
Sep
Jan
5
16
Dec
24
Aug
16
13
Dec
22
Jun
Feb
24
102
Mar
112
Deo
14
6%
5% Nov
20
34% May
Nov
25
28
5% Jan
20
61
Mar 31
14% July
;
2 Va May
4%
Dec
43/a
:
54
Dec
9%
Sep
Dec
Sep
4
65% Jan
27
60
Feb
74%
Oct
8
16
Oct
24
11
Dec
17%
Sep
373A Jan
2
44
Feb
4
35
Dec
46
Jan
% Jun
15
May
12% Sep
U Jan
Feb
29
13
2
253/4 Dec
ft
30
23/a Jan
1% July 28
73
Nov
18
13
Jan
56
Jan
"
82
Deo
2'A
2%
Jan
2
Dec
80
Dec
91
Jan
3
11V2
Apr
21%
Nov
54
Sep
8
83% Dec
3
Dec
743A
10'AJan
2
233/a Nov
7
10
Dec
203A
Sep
60% Jan
2
90% Dec
2
59
Dec
90
Jan
l3/4 Jan
20
4% Nov
30
-1
Jun
3% July
Jan
7
81% Dec
11
25
Jun
681/4 Nov
2
%
Dec
x58
Oct
-ft Sep
2
lVa
Jan
4
Sep
10
5 '/a Jan
9
3%
Dec
6%
Jan
Mar
3
8 3/4 Dec
3
6%
Dec
133/4
Jan
No par
6
Dec
12%
Jan
100
100
1
No par
10
preferred—
Jan
—1
5
Co Inp—
1
No par
100
No par
No
preferred
Dec
14% Oct
2
Apr
8'%
46 Va
110
21
12
X40%
7
19
16% Jan
11
Jan
Feb
20
Mar 30
7% Jan
% July
11%
10
12
13%
3
9
79% Jan
May 27
101% Sep
x
9
1 Va Nov
—
Mobile & Ohio RR
Va Jan
Nov
27
6
9'A Nov
6
5
4
32
Nov
28
28
Dec
36'/a
July 23
25
Feb
3
23
Mar
25 Va
Jan
18% Oct
27
123/g
Dec
183/g
Nov
Apr
22% May
23
13 % Dec
25
5
22% Apr 28
1
Jan
Nov
32
Apr 23
19% Jun 22
Corp..
7%
110%
4%
3
% Mar 26
101
100
_100
No par
Dec
105% May
109% May 13
99% Aug 25
No par
Sugar
3
6
Nov
Nov
91
78% July
125
2
Jan
Sep
1171/4 Aug
16
preferred—No par
Guantanamo
'
Oct
Apr
Prop——No par
Grumman Aircraft
"
38
Oct 26
87
29
Sep
Jan
No par
-—.—10
-20
Greyhound Corp (The)
5 % % conv preferred
33A
Nov
132
29
21% Apr
115
122
No par
No par
No par
-
t
Jan
Dec
90lAFeb
—No par
Co
L)
7%
4% Nov
133
28
28
No par
No par
Steel
Ore
Oct
53/4
July 31
Apr
16
—1
1
Preferred
Greeh Bay & West RR
(H
12% July
53% May
2
—5
Greaj5> Western Sugar
Green
Dec
Jan
2%
106
Corp—.
20
No par
preferred
(W T)
8%
31
preferred
Nor
.24%
v
5
16
Sep
104
Mar 11
35
Mar
47%
53/4 Jan
(B F)
1,700
.85
Jan
463A Feb
98
6% Sep
Rubber Co
&
1,100
'
Apr
66% Nov
——
Great Northern
5,180
14%
11%
*11
3%
*3%
25
$5
Gr
65
31%
4
10c
Safety Razor—
preferred—
Grant
.
f
500
137%. 137%
9
551/4 Jun
Granite City
1,800
23%
20
22
7'A Nov
Corp——___*
—1
—No par
Granby Consol M S & P—
Grand Union w div ctfs:
II,300
23%
*136
*11 %
2,600
■'
14
10 % Feb
52% Jan
25
;
2
conv
5%
14
136
11%
14
1,000
■
17
13
33/8 Apr
143/4 NOV
Graham-Paige Motors—
243A
14
136
8% Apr
Feb
Hosiery
—
Preferred
———■——•—100
1,200
71/8,-
x7%
-
8
10% Mar 11
Gotham
300
13%
136%
*11%
:
4% V
8%
'
5% Mar
APr
51
'
*23%
32
*233A
90%
4%
4%
Dec
„6
13A May 13
5% preferred——.
*88V2
4%
,2%
13
par
Goodyear Tire & Rubb
4%
%
4%
4%
24
50
■
Sep
33/4 Oct
93/a Nov
Corp——-——1
Cast $6 preferred—No par
Telephone
Sep
3
14% Apr
preferred
Jun
Nov
22
4
;
15
2%
23A
63/a Apr
2% July
No par
Goodrich Co
v
90%
%
•
4%
25
20Va
*4
*78
8%
7%
13%
4 %
*78
*4
4%
:
*88%
90%
*88%
81%
4%
4%
80%
%
90%
23
No
Gold <fc Stock Telegraph Co
7.500
90%
Dec
par
1,100
23
90%
20
(Adolf)
i
Goebel Brewing Co
20
25%
*■;' 23
Jan
Gobel
•
500
75
21
May
preferred—.———No par
Glidden Co (The)—
No par
4%f# conv preferred
50
300
2
8
$6
2,000
*1%
75
$5
1,800
%
"hi
16
6
3% Jan
——;
Tire
Aug
par
Gimbel Brothers-———No
100
14%
69
12
Time Instru Corp
Gillette
.
4,100
41%
*40
%
%
•
4%
56%
4%
4%
*56%
Deo
•
300
%
32
*60
4%
60%
22%
*233i»
*23%
4%
60%
81%
*31%
136%
4%
60%
93 %
Apr
Signal—
—No par
preferred--—————100
Realty & Utilities..!———1
pref opt div series——No par
General
1,000
25
n
8%
7%
12%
81%
80
4»/a
*8%
*12%
25%
4%
.
80
;•
12%
10
23/4 Sep
10
Dec
122
6 ft
23V4 July
Apr
Railway
Gen
•""'
Dec
July
7%
10
General
300
18
41
iy»
General Shoe
2,600
16
22%
*90%
90%
%
15%
108%
4%
1%
73
.
*15%
*105
81%
23
4
73
15%
15%
16%
108%
3
May
32% May
1%
par
Gen Steel
Jan
36
3
Sep
par
preferred
$6
Deo
40
May 27
3
38% Jan
45:*
Nov
-No
General Refractories
250
58%
9,900
25
82
23
4%
74
58%
58%
60%
1%
1%
900
4%
%
Vs
9%
22%
25%
82'
*78
41 ;
,
9%
60%
43
2
*72%
25
90%
*38%
A
■
12%
2,200
Jan
1
—
Precision Equip
Gen
100
15%
-9%
4%
57%
14%
*15%
%
30%
15%
,
9
100
Gen
4,400
hh
*28%
'
60 %
5%
*56%
H
16
Feb
~2Vt
3
.—No par
preferred
6%
132
Jan
Gen Public Service—.i
600
4%
*
60%
39
U
;
*60
573/8
39%
*
12%
7
Feb
105
2% Jan
No par
General Printing Ink
106%
*V4
30%
xl5%
12%
*12%
4%
4%
4%
61
-43/4
••
14%
%
.
*56%
1
■
56%
*39
%
12%
',,
*105
J
17
97
30
$6
*104%
.A
*29
16%
108%
*105
12%
12%
12%
14%
5
4%
*56
:
*12%
12%
*1218
15%
15%
*15%
16%
107%
*105
107%
*105
59
15%
*15%
153/4
15%
15%
107%
15%
15%
15%
*15% -15%
*105
30
*29
4,400
21
19
Outdoor Adv A—No
Gen
900
4%
■
12%
9%
44
hh
%
%
14%
104%
106%?
*104%
30
.
Jan
Nov
11
preferred series A_No par
Common
1,000
20 V*
23
preferred
$5
Gen
200
800
12%
*104%
%
*103
%..
12%
106%
*12%
*104
4%
4%
104%.
—
•
14%
14%
4%
*103
104%
*103
%
%
.
14%
4%
4%
4%
104%
*103
14%
14%
14%
4%
4%
104 %
%
■
A
*14
14%
•;
4'A
*103
;■>
17%
Sep
Dec
9%
26
15% Apr 24
1% Jan
—No par
No par
Corp
General Motors Corp
900
17%
32%
100
preferred
$6 conv
5%
Jan
May
28
preferred—.
Gen Gas & Electric A
-
13%
24
3 r
93/8 Jan
General Mills
37,200
42%
127
17%
2%
17%
2%
2%
42%
*126%
210
Deo
30
Dec
Jan
—No par
120
600
Jan
35
Dec
-20
—No
(The)
General Foods
4,100
1%
84%
7
Jun
1% Jun
preferred—
$4.50
Dec
9
8
-No par
100
300
3%
21
85% Apr
General Electric Co
4,200
129%
*128
127
34%
118
97
95
*82%
42%
42%
127
127%
17%
18
2%
2%
2%
42%
41%
42%
127%
*17%
*127
■■
PA
93
83%
Xl28%
130%
130%
130 Va
1%
1%
90%
83
1%
IVR
1%
1%
1%
90%
*82
90%
1%
*90%
84%
90 %
*112%
117
13
No par
cum
1%
27,400
34%
34%
34%
*112%
29
28%
29 %
*82%
1%
93
1%
*
34%
115
*112%
*81%
,
28%
132
132
133%
*132
29%
34%
34%
114
114
113
133%
*132
133%
34%
34%
34%
*112%
*130%
28%
29%
29
133%
*131
133%
*131%
29
(The) cl A——No par
(Robert)
1
General Cigar Inc:
20
Apr
10% Feb
8
Apr
—100
A
t7%
Jan
25%
18% Nov
Oct
10
5
50
Class
33%
Dec
136
13
27
—1
1,100
Dec
17%
12% Jan
26
Jun
38
No par
preferred
—
No par
Gen Amer Transportation———5
General Baking—-——
—5
$8 preferred
No par
General Bronze Corp———5
General Cable Corp
No par
4,200
4%
16%
11% Jan
May 28
5
J-'-Y
Co—.
Nov
5
42 8
9 V* Apr .28
143/4 Sep
July
5% Jan
8 3/4 Sep 30
27% Mar 14.
.
Jan
16 %
103
Dec
213/4 Feb
Aug 28
114
42 Va
Dec
98
May 22
Gen Amer Investors
4,500
5%
*4%
3
28
___—..
Jan
36 3/8 Mar 19
10
.—-1
8%
1
105
25% Oct 20
21
100
$6
36%
133
*128
-,
4%
4%
Apr
preferred—
—
Gaylord Container Corp—
5%% conv preferred
100
5%
5%
•
133
4%
4 Vs
Mar 27
18
5%
3,100
35%
36
*128
135
4%
*4
4%
-
5%
5%
5%
5%
5%
5%
5
*101%
103%;,
x35%
37
6%
103%
6
6'A
6%
*101%
15
Wood Industries Inc..
Gar
45%
.
6%
102%
9%
*47 %
9%
*47 %
9%
52
*47%
52
par
preferred-—-
Co
31% May
3
preferred
Gamcwell
2%
6%
*130
170
Dec
15
Inc
Co
6%
400
17%
*100%
5%
9%
18%
2%
6 3/8
133
9%
*17%
9
17%
102%
*5%
Gair
90
39% Feb
Corp
Trailer
conv
Gabriel Co
*17%
*6'A
*130
6%
2,600
18%
9
9
17
9
15% Dec
96% Jan
Machinery Corp
Fruehauf
600
*94%
Nov
2
Freeport Sulphur Co——_—-10
1,000
95%
16%
.
*100%
■'
34%
V 34%
2%
*9%
9%
*9%
9%
>
*94%
17
*8%
9
*8%
9
6'A
44
*41
35%
60
:
,
17
*5%
6%
*34%
136
.*16%
2%
2%
52
Foster-Wheeler
17%
17%
*2%
34%
34
34%
Food
900
Jan
30
——10
—10
$7 conv preferred
No par
6% prior preferred——
—25
Francisco Sugar Co—
.No par
F'k'n Simon & Co Inc 7% pfd—100
800
9%
Sep
18 Va
May 14
Food Fair Stores Inc—
800
45%
Dec
86
preferred
39%
*130
44
*41
Steel
conv
9%
■
17
*5%
6%
44
*41
44
*16%
17
*5%
6%
*5%
9%
133
133
133
*16%
5 %
x39%
39
9%
9%
*130
17
*34%
9aA
*8%
9%
131
*1%
*9%
*9%
9%:
*94%
1%
*47%
39
*16%
1%
...
39%
35
2i/s
*2
39 %
*41
49-
*41
49
39%
*16%
6%
*6
6%
*41
*9
131
133
*16
17%
9%
9%
10'/a
10%
10
9%
Follansbee
Feb
12%
—No par
Florsheim Shoe class A
70
9%
*9
9%
9%
100
400
34%
8
105
27
9'A Jan
11
par
Co
3%
30
30
30
39%
39
39
30
300
87% Apr
293A Apr
par
National Stores
19%
*3%
3%
*3%
3%
30%
*18%
18%
18%
18%
3%
30%
9%
9%
9%
9%
*18%
3 %.
33
*30
33
*30
18%
*3%
3%
3%
3%
33
*181%
18%
*18Vs
18%
*3%
100
series A
No
(The)———No
$4.50 preferred
...
No
Florence Stove Co.<
—No
102%
33%
Sep
Dec
20% Oct
par
preferred
6%
300
102%
15%
24%
& Rubber
Firestone Tire
34
■
1003/4
*30
Corp___
Fidel Phen Fire Ins N Y
3,900
1,900
4,200
102Vs
Enamel
Ferro
15%
34%
15%
20
preferred
conv
34
103%
34
*18
4%%
12%
19%
Federal Min & Smelt Co
79
41%
20
$6
60
15
19%
*103
24%
*75%
80
*3%
3%
15
12%
,
19%
*96
*75%
*11
11%
41 %
12%
42
19%
3%
7
*11
11%
15
15
15
*753A
*11
3%
3%
3%.
20
11
11
15
*41%
Light & Traction
preferred:—...—-No par
—2
Federal-Mogul Corp—5
6%
80%
14%
*11%
Federal
1,100
Jan
*6%
79
*7,5%
7
7
20
_15
*20
15
15
Fajardo Sug Co of Pr Rico
*78%
*3%
33/8
Fairbanks Morse & Co_.
1,200
6%
20%
113A
3%
2,400
20%
20%
*78
80%
*20
No par
32
80%
*6%
6%
*6%
*78
,
32
20%
33%
33%
*20%
par
130
Apr 21
25% Feb 27
28% July
July
Jan
,28
Jan
14
135
Dec
1441/a Aug
7
42
Mar
28% Jan
27
143
18V4 Dec
Jan
19%
54
Dec
50
July 16
63% Nov
25
Apr 24
33% Jan
3
29 Ve May
363A
Sep
14% Dec
4
93A May
143/4
Sep
10% Apr
10
25:
Mar 31
9% May 20
1% May 22
11% Aug 31
10%
Jun
11% Apr
14% Jan
6
10 V*
Dec
18%
3% Jan
29
Sep
28
2
86
2% Jun
3
Jun
2
4% Oct 24
333/8 Oct 23
48 3A Jan
18
1%
13
Sep
Feb
,V,,3% July
Jan
,55
Dec
1%
Feb
4%
Aug
9
Feb
233/«
Dec
H
*22
25
*22
*33%
37
*34
*11
11%
*10
10%
*100
103
*22
25
*22
243A
*22
25
*34
37%
*34
37%
*34
37%
11%
*11
113/8
*11 Va
11%
*22
25
37%
*34
37%
*10%
•
25
11%
*10%
11 3/8
*11
*10
10%
*10
10 Vb
*100
103%
100
For footnotes
see
page
2107.
100
*9 V*
*99
10 Va
102
*9%
OO
10 Ve •
102
10
102
;
Hackensack
1%
Hall
100
10
*100
—
'
,
20
Printing
29
10
Co
preferred
19% May 21
25
class A.
Hamilton Watch Co
6%
25
Water.
preferred
No
par
100
11
83A Mar 16
8
95
Apr
25
33
13
Feb
Jan
11
5
Aug 22
12
25
11% Nov
Mar 11
106% Feb
Jun
7
23%
Dec
33
Jan
33
Feb
38
Mar
Dec
16%
8%
87/»
102
Jan
Dec
15
Jan
Dec
108
July
THE COMMERCIAL & FINANCIAL CHRONICLE
2102
LOW
Dec. 7
Dec. 5
t
I per share
f per
share
99 %
99%
*99'A
100
13'/a
13'A
127/e
13
*131%
>131
137
shan
*99'A
13
*3%
4%
*85
*85
92
Dec.
I per share
share
99%'
99%
13
>131
3%
4%
100%
■'
200
98
x
No par
Refrac——No
126
Apr
12% Apr
par
preferred—-.,—100
Hat Corp of Amer class A'_—a—1
6% %
preferred-1—"-!
1
-100
6 %
3%
*7%
8
7%
8
7%
8
*7%
7%
71A
7%
7%
Year 1941
Lowest
Jan
t per share
4% Feb
29
2
88
3%
106%
Jan
25%
Jan
149%
Feb
Deo
V
6%
Jan
Deo
92
May 12
8% Nov
,
140
10
Dec
Deo
12y*
19
Jan
Highest
I per share
Jan
100
17
16% Jan
146
7
5% May 21
1.
Industries Inc——
Hayes
700
;
104
20
2
Jan
Range for Previona
Lots
t per share
29
Apr
80
'
*7%
100-Share
Highest
3 % Mar
"
92
*85
Co $5 pfd
(M A)
of
t per share
Par
•
Harbison-Walk
3,400
137
*3%
92
.
'
Hanna
40
•
13%
13%
*131
3%
*85
92
*99%
13%
137
'»
•')
,■
Basis
Lowest
EXCHANGE
Shares
share
Range Since January 1
On
NEW YORK STOCK
,
the Week
11
I per
99%
13
137
12%
*131
137
*3%
92
S per
99%
12%
3%
*85
92
*85
99%
*131
137
3%
4'/4
*3%
per
Dec. 10
Dec. 9
Sales for
Friday
Thursday
Wednesday
Dec. 8
.
STOCKS
HIGH SALE PRICES
AND
Tuesday
Monday
Saturday
Monday, December 14, 1942
101
Teb
"3%
Jan
6
'
*
1
*13%
70%
131 %
*
27
6%
7Va
38 %
*42%
*102%
10'A
10%
*
3%
*32
*38
XlO%
10%
42 %
3%
3 %
28%
43%
500
300
14%
44
*103
43%
*103
104
15%
*38%
39
*38%
Dec
168
July
9
10% Apr
28
Feb
125,
Jan
16
10%
43
42%
Household,Finance--—
100
-
3%
3%
3%
*3%
3%
3%
3%
32%
32%
32%
32%
32%
32%
327/a
800
Houston Oil of Texas v
13
38% Feb
Jan
2
39% Oct
8% Jan
2
Feb
*4
*%
*4
4%
20%
<■
%
21%
27
;_25
2% Apr
44
Jan
..
106
4'A
4%
77/e
7%
*19
19%
18%
18%
*18%
*38%
39%
39
39
%,
7%
%■
*4
14
5
34% Feb
2:
1
U.
7%
7%
18:%
*18%
.% Jan
preferred—-A
—100
&.Sm- Ltd—No par
Jan
2
16%. Apr
17
No par
3% Jan
2
A Jan
2
5% Jan
2
9
13
May 13
32% Jan '2
'42
2
4%
*4%
4%
'
20%
21 V'a
;
4%
4%
2,400
Hudson Motor Car—
U
1,400
JHupp Mo.tor Car Corp—-,——a—1:
4%
U
7%
7%
7%
•
7%
,
5%
.4.900
;
7%
;Hud .Bay.Min
Central RR Co——100
Illinois
3,400
-
*3%
4%
*3%
11%
11%
11%
11%
29
4
29
39
*3%
,
11 %
3,700
1% Apr
% Nov
2% Jan
2
4% Oct
16% Feb
6% Jun
2
14% Oct
24
32% Dec
8,500
Industrial ..Rayon_„ -——No
par
21
1,600
Ingersoll-Rand——.
l—No par
6% preferred————100
74
May
1
100
Jan
July
3
163% Dec
60
61
*ioy4
10%
10
10%
*6
60 %
60%
60%
2,700
Inland
9%
10
9%
10
9%
9%
2,600
Inspiration Cons Copper:
6%
22%
*107
c
8 %
6
5%
5%
*149%
151%
8%-
5%
151
149'%
8%
5%
5%
148
150
8
8%
5%
147
r
4,200
55%
56%
55%
56%
56%
163%
162%
163%
*163%
163%
163%
56%
57
163%
Interlake. Iron—'—-
1,100
Int Business Machines——No
5,100
t
Interhat'l
56%
i
163%
162%
,
4%
Dec
10%
Aug
11%
Dec
24
Aug
31
Dec
2
Dec
45% May
4%. Aug
Dec
21%
13%
5
Jan
Feb
9% July
20% May
29% July
85%
Dec
111%
Jan
Sep
161
Jan
4
Dec
12% Jan
^4
6% Feb
5
5
23 Vi Jan
V
19
Dec
100 % Aug 21
111% Feb
3
107
July
24
Apr
,
8% May 20
5% Apr
18% Oct
2]
8%
10% Jan
Jan
5
57% Dec
3
40
■'147
24
Apr
a
8
May
166
6
July
i
3%
14
151% Jan
5% Apr
Feb
•
90%
>
Jan
13%
Dec
6
9
29
5% May. 20
109% Mar 16
■
par
t Preferred-; ——a——s.—-100
640
Sep
Jan
63
—No par
Harvester—
%
154
No par
>^.No par
Jan
,
4%- Jan
3
—-1
4,200
,
6
*144%
3%
21%
Dec
74 % Feb
par.
^——100
6%. preferred———'
Intercont'l Rubber—
Apr
54
Corp_—:a,—-No par
*
8%
5%
146%
55%
55
163
8%
8
5%
xl46%
6
148%
Interchemical
1,400
,
-
—.—20
Insuranshares Ctfs;. Inc—•
400
6%
108%
*107
108%
*107
214A
21
21%
21%
108%
*6
6%
6%
99
22
108%
8%
8
'6%
*6
*22
*107
5%
Co—-—-——No
Steel
62
22%
*148%
166
60%
10
*6
7%
'
86%
84
*160
62
108%
22%.
89
166
61%
61%
9%
87
Dec
Jan
% Not
8
153
60%
*107
1%
10
32 y2
*160
Jan
23
31%
89%
%
2%
4
32%
166
Jan
Deo
5
21
31%*
89%
37%
15% May
26
31%
*160
Apr
it
Mar 25
31%
89%
July
4
23 % Oct
31%
166
5
13
10% Sop
1000
See ctfs series A—;—
RR
Jan
Dec
7
30
-
60%
55%
160
11
*3%
64
111
26%
-'
9
1,900
88
163
3%
11%.
Dec
Aug
5Va Aug 31
11%
*160
55
3%
11%
Jan
36
2%
5'/4 Nov
11%
11 %
13%
7% Dec
23% Nov
:
11%
87
163
3%
11%
/ Leased
Jan
"
•
*11%
166
8%
3%
11%
preferred Series A—a-—a,100
lines ,4%%--————_100
'6%
"•
39
1% Aug 31
11%
87
8
170
2
11%
*160
6%
500
Oct
Dec
100
•-
3
-
11%
88
22%
17%
37%
Aug
62% Jan
24
30
29%
108%
17%
37
.9% July
16%
115
Dec
9
11%
166
6%
18
38
,7
24
io
11%
88
*22%
18
*37 *
18%
39
*3%
4
11
*160
*107
39
Apr
30%
30
Indianapolis,P <fc L Co^No par
Indian
Refining-———
10
11%
*11%
11%
39
Dec
Feb
1
Hudson..^. Manhattan—-——-.100
4%
21
Jan
9
Sep 18
s
4% Oct
24
29% May
> Howe Sound Co—
600
Sep
Aug
107%
X
5
>'
11% Nov
30% Apr 29
96/ May1 1
34
21%
4%
'
-
18%
'
21%
*4%
4%
21%
4%
%
%
1
%
*4
%
8
.
21
4%'
!i
8
.
4%
4%
4%
%
21%
21%
21
43/a
%
1
16%
Dec
5%
20
Jan
30%
'18% Jan 30
115-
r
1
*%
Deo
Jan
115
12% .Dec
1
2
par
t c
7% Dec
v
Jun
12%
Oct
56%
Dec
99%
Jan
132%
13%
:
10'
21% Oct
,__No par
100
preferred-//.
.5%
4,200
32 %
———_No
Class B_
400
104 y3
33%
-
": 7
29% Nov
Dec
123% May
X
14% Nov 27
••17 " yNOV
8
110
Mining--——_r—12.50
Houdaille-Hershey cl A
—_No par
1,100
42%
*103%
19
Dec
12% Dec
—No par
.——'100,
Homestake
100
,
.
2
preferred—
Oct
44
July 9
102% Jan 12
Mar 21
10,000
80% July
5
Jan
6
16%
65%
2
134
14%
.7%
150
10% Apr
Jan
9
11.
Holly Sugar Corp
28
Sep
14% Nov-13
12% Mar 11
(C E)/The_„
y—-—1.
Furnace (Del)— _1_„ —10
Hollander & Sons (A)——--5
Feb
50%
19
72
Mar 13
79,
Oct
158
Apr 27 *
Holland
3%
33
Jan
30% Mar
100
.
104
*42%
*103
96
Hershey; Chocolate—'-—--No par
$4 con,v preferred—*.—r-No par
90
39
10
10%
10 %
10%
43%
104
Dec
51
-100
700
f
28%
28 V*
Sep
58%
4
May
Hires. Co
115
29
"8%
Hlnde & Dauch Paper Co———10.
.
13%
13
*113
28%
39
6%
*6%
6%
12%
96
Dec
600
27
115
Deo
Jun
5
300
1
16
27
-1%
76
141% Apr
——No par
Motors
cum.preferred——
,6%
14% '
*13%
.
16
27%
12%
*113
28%"
10
134
8
19
8»/a Nov 25
45
Hercules Powder————A—No par
3,400
98 y2
*6%
6%
12%
113
39
10%
10%
44
103%
*12%
112
28%
28%
*38
103 V*
*6%
6%
70%
*94
27%
12%
70%
————
-
i————_—100
Preferred
.
*43%
*15%
27%
113
Hercules
43
*13%
16%
27%
28%
*42%
32%
*32
14%
*15%
39
43%
3%
*13%
15%
12%
800
98%
14%
*6%
(G
*131%
*94
27%
110
Helme
.1
—25
Products Corp—
200
13%
1% Jan
93% Jan
7/a Jun
tHazel-Atlas Glass Co—:—.—25
W)
4
79% Apr 24
4% May 2
2
Mfg Corp—1—
Hayes
Hecker
134
42%
98 %
*94
15%
12%
*38
104
42%
*131%
27%
115
28%
38'%
*10%
*13%
6%
*12%
*113
28%
28%
42%
98%
2,100
156
13%
70%
15%
*15%
12 %
132%
42%
42%
*94
14%
*13%
15%
115
132%
133
56%
*150
13%
70
69%
9,200
*55%
56%
'*13%
27
14%
26%
x69%
190
8y8
8
156
*150
13%
1%
91%
8
*55%
56%
<
1%
91%
1%
91%.
8
8
156
13%
70%
95
94%
*150
13%
*131%
43%
*42%
56 V*
156
70
71
1%
x90%
7%
56%
13%
*1311/2 134
134
6%
12%
13%
1%
92%
••
8
*150
156
*70'A
70%
95
*113
56%
13%
43%
26%
%
57
V*
*150
*42
*15%
7%
13%
*92%
*13%
7%
1%
92%
1%
92%
*56
157
*150
1%
92%
7%
57%
*56
1%
92%
7%
93
77/a
*
1%
92%
1%
'A
93
Jan
7%
27
113%
8
Feb
Sep
Sep
Jan
Dec
6
Dec
11%
Jan
140
May
167%
Jan
42%
150
9
57
July
170
Jan
Dec
Jun
'
'
%
.
3
' %
!>
10%
10%
8%
9
134%
134%,
3%
39 %
*39 %
*27%
39
*39 %
41
28
27%.
44%
*3%
1
41
27 3
*35%
38
*35%
37
*35
103
*100%
103
OO
5%
5%
5%
5%
38%
38%
27%
103
5%
3%
3%
*39%
4
37
*100%
7%
44%
3%
38%
*39 V-2
"7%
44%
38%
3%
38%
41
27%
■
44%
45%
*35
5%
7%
7%
■
44%
45
41%
*39%
*27%
27%'
i
V
3%
101%
*101%
5%
5%
5%
Internat'l
1,900
:
44%
270
^
5%
5%
9 %
9%
*9%
9%
9%
5%
*5%
6
*5%
5%
.
9%
9%
5%
5%
9%
9%
6
5%
*
10%
*10
-
10 %
94
*92%
10%
*10%
*92%
10%
*9%
.
,.*92%
94
*9%
10%
139
.
*26%'
9%
9%
*9%
*26%
26
*96
■
28
98
*96
67
67
67
*128
129
27
139
*136%
*128
26%
.
'
.
9%
26%
67%
*9%
9%
26%
128
129
»
68
.
'
128
*128
-
18%
18%
18%
18%
*53
53%
*52%
53%
*52%
53%
*62%
63%
*62%
63%
*63
63%
8 %
8%
8
8
8
129
18%
OR'}
63 %
69%
Oct
49
Oct
Feb
.5
31%
Jan
Dept Stores——No
-Preferred
53%
63%
100
8%
,800
25%
Feb
95
Jan
<
49,;.
104
Oct
15
7% Nov
28
1%
Dec
Jan
2
7% Nov
21
1%
Dec
29
10% Nov
5%
Feb
14
Sep
17
95
Feb
98
Sep
,
7% Apr
29
24% Apr
•
29
127
Apr
18
5% Jan
—1
2
9
Jan
10% Nov
13
32% Jan
87
12
6
138
Nov
7
>/'
124
5%
10% Nov
3%
;
Feb
9%
Aug
33%
Aug
134%
Aug
Deo
14
33% Jan
31%
Dec
107%
Dec
111%
50% May 15
69% Dec
49%
Dec
71%
122
Jan
17 Vz
9
May 20
.100
54% May
.100
61»
1
May 20
7% Aug 13
1
129
122
Nov
-
64
Jan
128
Jan
Jan
Dec
Sep
Feb
Dec
27% July
67
59
Dec
Aug
86% July
8%
Deo
14,
4%
20
Oct
64%
Jan
79% Jan
11
44
Nov
16%
24% Jan
Sep
Dec
107% Jan
May
Oct
Sep
Mar
.26%
5
3%
4
18% May 15
85
.100
Mfg
39%' Oct .16
104% Oct
2
6% Jun
.100
_a
pref series
5%
Joy
a.
A_
pref series B conv_
Co
————
5%
*52%
——;
May
?6
Sep
88% Apr
Laughlin Steel—. ~.~No par
Jones &
,300
*63
preferred
■
•>
Feb
7
May
2
Manville/-.^—— "~No par
Johns
10
18%
Co-
(W B)
4 »/4 %
32
,38%
1% Jan
94
par.
No par,.
3%:
6
* May 20.,
26
.StlverA-v-aa-——4-50'
Jewel Tea Co Inc———. —No par
,100
129
8%
48%
preferred—-A——-——— 1
f
•
63%
8ye
32% May
13
Foreign share ctfs—_—-No par
Jarvls
300
,000
53%
*53
63%
8%
,
30
48% Feb
Island Creek Coal-— A——a—1
:
9%
18%
18%
46% Jan
14
Telep & TelegA——No pur.
Intertype Corp—
700
98
*•128
129
18%
Salt——No
international,
Interstate
r
26'/a
68%
69%
*128
18%
53%
*62%
8
68
68'A
2%
7%4preferredu—A——100
!
*9%
*96
98
73%
Apr
Preferred —A—a—a——100
26 V'a
9%
26%
Dec
1%
May.
Intern'l
1,100
10%
Sep
Jun
Sep
Jan
51%
26
.<•
139
20
10%
July
5
Mar
3,000
9%
94
26%
*136%
*9%
*96
98
26
V*
139
25%
9%
26%
X67%
26
.*26
*136%
9%
.-*96
18%
18%
139
26%
98
67%
26%
*136%
26%
*96
98
26
26%'
139
*133%
*10%
10%
'
27 %
*2o%
*136%
*92%
94
Feb
5
4
31%
23
39
100
45,700
6%
9%
9%
'
94
*92%
.94
131
1% Dec
Nov
par
•
*92 %
Dec
May
135
9
V
1% Oct
; 30% Oct 23
conv
International; Shoe_A—- '.—No par
100
*
(
23
125
60% Jan
■
1,200
6%
9
43% Mar 30
preferred——s—ilOO
No par
57t>..prcferred——100
.5%
International
103
21
July 16
15% Jan
Inter Rys of Cent -Am—
41
27%
4% Nov
2
.r
Nor
30% Oct
17/8 Apr 25
7% Dec
.
13%
26
3
Co-A—— — 15
Apr
11
29
Paper
6%
9
2% Jan
;
9 % Dec
24 y8 Apr
International
Dec
55% Oct
-
126% Jan
1,000
.
—
Corp-—-T—1
10
%
-
19
12 V'a Jan
29
Apr
—a———--——100
Preferred
300
2,400
y
Mining
.O % Jan
Int-Nickel of Canada_AA—No par
77,300
8
3 % May
38
..
;
5% May 25
■
par
Min Si Chem'—4——_—,5
preferred—a100
14,300
,
35
35
37
*35
Internat
500
38%
101%
5%
Int
6,300
3%
*39%'
28
102
3,600
,
37%
38%
Mercantile Marine—<— No
■
9%
55 V*
% July 27
Hydro-Elec Sys class A——25
10%
■■
3%
•3%
Int
3,100
%
135
135
'
**
28
,
■
28%
28
41
37
*100%
5%
3%
3%
28%
7%
8%
3%
55%
55%
3%
*132
%
9%
27%
'
.'.
9%
9%
*54
3%
28
:
10
9%
*132
8
%
%
9%
10
55
3%
277/8
134"%
7%
27%
"■
%
9%
55
3 '%•
39
*3%
3%
39%
9
28%.
45 V*
7%
45
9%
54%
3%
27%
134%
%
•
.
:
54%
3%
45
.
9 V'a
28%
8%
7%
54%
3%;
135
*44%
10 y8
9-
28 %
3 %
28 %
*132
%
9%
9
*54%
54%
3%
28
%
10 %
10
8%
*54%
%
1 s
Deo
Sep
v:
K
"
11%
11%
11%
*121%
124
>121%
*5
5%
*5
*21
23%
*21
*7%
5%
a 5%
*21
8'A
12
12
*121%
23
*7%
8'A
11%
124
12
124
5%;
7%.
84
84
84
>83'A
84
*10%
11%
10%
10%
*10%
iiy4;
>104 V*
110
13%
13%
7%"
105
*104
13%
13%
7%
7%
>104
27%
27%
*14
105
27%
15
*25%
*104%
*7%
13%
*7%
110
26%
27%
*10%
*104%
13%
13%
8
'
27%
14%
14'A
*14
14%
*25%
26%
*25%
,
26%.
104'
?
26%
19%
19%
19%
19%
19%
19%
*2%
3%
*2%
>-3%
■*2%
3%
3
22%
22%
22%
22%
22 y2
23
26
26%
26
25%
25%"
25%
*8%
35
-
*34
19%
26%
,
1,100
1,900
'
*14
2
35
35
23%
23%
23%
26%
25%
26
25y8
25%
*9
36
17%
17%
17
17%
17%
17%
17%
17%
*10%
11 'A
11%
*10%
25%
25%
26
*19%
20%
*20
9%
*9
Kress
4,600
*ioy4
11%
300
26
900
Lee
20
200
10%
10%
10%
*25%
26%
26
20%
*20
20%
20
*107
109%
*106
2%
2%
109%
*23 %
2%
2%
%
%
%
%
%
11%
11%
11%
11%
10%
11%
11
■l it
ny4
23%
23%
23%
23%
23%
23%
23%
24
24
23%
237'a
2,000
1
1
14 'A
*13%
14%
*13%
14
24%
24%
24%
*24%
24%
30%
30 3 i
30%
30%
4%
4%
4%
4%
For
footnotes
see
page
2107.
30%
4
%
*13%
24
14
24%
*13%
13%
*13%
13%
24%
24%
24%
24%
30%
30 %
30%
30%
30 %
29%
4%
4%
4%
4%
4%
4%
30
4%
800
3,200
8,300
•
Corp (The)——A——1
Lehn & Fink Prod Corp—a—5
Lehman
Lerner
Stores Corp
—a-No par
Libbey Owens Ford Gl—aa— No par
•Libby McNeill. <fe Libby—A
7
J
4%
105% Jan 20
2
Aug
14%
Aug
104%
Jan
Dec
9
Aug
121%
Apr
Feb
Dec
39% July
"14% Nov 17
Dec
14% July
25
Dec
29
v
Jan
3
1%
22%, Jan
7
29
29
11% Jan
2
Jan
8% Jan
11%
Mar 31
15
18
Dec
30%
-
-
Feb
21
Dec
2%
3% Jan
27
,•
x22 %
Jan
24
29% Jan
106
38
Dec
23%
2% Feb
19% May
*
98%
"40% Feb
r
22%
Dec
Dec
3
37%, Jan
4
7% Apr
Feb
Mar
Feb
Mar
Jan
3% July
"
40% July
26'A
5%
Sep
Sep
28% Aug
29% Jan
8
5%
Feb
■1.41% Sep 30
17%
Jan
45% July
10%
Dec
14%
Sep
13
Aug
13
May
17% Oct
15
7
Jan
17%
Sep
11 % Dec
4
15
26%' Oct
20
14% Dec
27% July
•18% May 29
23% Jan
9
19 %
Apr
26%
8% Mar 17
15% Apr
»
16
107%
Dec
116%
Jan
26
1%
Jan
5%
Aug
1% Jan
20
%
Feb
15% Aug 18
2%
Feb
4
113
2
4
•
% May 25
8% Jan
7
17% Apr
17
Oct
Jan
Jan
Aug
2% Jun
104
conv
*
1,800
.9
8% Nov
'
Aug
Mar
9% Dec
14% Nov
6
6
Dec
95
12
9
21% Apr ,24
J Lehigh
3,200
11%
*24 %
*13%
Portland Cement—
-25
preferred—;,A———100
Valley RR—
-——50
Lehigh Valley. Coal
——No par
6% conv pref erred
A—
50
>4%
Sep
6%
24
22% Apr
/—5.
Lehigh
3,600
!«
*ny4
Rubber & Tire a—'
102
9%
100'
24
2% Jun
-
'«/•
40
15
-
11% Sep
13%
•'
Jan
121% Mar
Dec
"
100
1,800
26
ir.
Co St Louis
17%
10%
hi
Gas Lt
17%
11 V*
*%
11
Laclede
7
5
17
Krogerr Grocery &, Bak——No par
17%
9
Jan
2
13
30% Sep
& Co__A—A—No par
(S H)
17%
25%
2%
1,900
100% Jan
1% Jan
preferred—aa
„a_—-100
Lambert Co - (TherLt——No par
Lane Bryant—
—No par
*19%
107
Co-rA^———'4-10
KresgeDeptStoreS—'--1
.Kresge- <S-S)
10
20
2 %
-
l
11% Apr
9
24% Jun 25
par
200
5,200
■'»
5
100
May
-26% Jun
par
par
100
26
107
prior, preferredA_'_.—i.'-_No
260
"9
"11% Feb
4% Jani
Coi_A__—A—1
%
20
2%
•
35%
*9
26
108
(G R)
34%
9%
20%
2%
Kinney
29% Nov
17
10% Apr
par
36
*35
26
*107'
600
200
26
Apr
12%
xll6% Jun
16
93% July 23
par
Kennecott
27,600
36%
2 3'/8
36
2%
'
V
2
23%
9%
108
*
25
1%
2%
36%
2%
100
27%
14%
25
No
Copper-——<—»No
Keysto-ne .Steel Si W Co—j-.^No
Kimberly-Clark—-—.—No
Kendall'Co.$6 pt pfd A_
80
104
13
Oct
.-"7% Oct
-2
Decv
7
Co„>—a————5
preferred-100
Kelsey Hayes Wh'l conv cl A——1
/> Class ■ ;BaC"a,:_———
A-——1
12% Oct
124
May 26
<
82
(J) ■'&
Kavser
"
>1%
conv
Keith-Albee-Orpheum
;
8 V'a
19%
*9
>107
100
■
'
13%
27%
y5%
130
v
6
10
Mar 17
2% Jan
preferred--^.—
4 %
A
2%'
*36
2%
14%
—100
a_1
preferredj—-100
16
Kaufmann -Dept Stores—a—
13%
*103
*25
V,
*7%
7
27%
*14
•
11
110
19%
9 %
108
*10%
3%
36%
*2%
83%
*104%
13%
•••
7%
19%
9%
*107
83%
110
700
Kan
19%
3
36%
11%
5
Feb
5
117
Kalamazoo Stove &
1,700
21%
7%
84
Furn„——-10
City F Si L pf ser B—No par
Kansas City Southern—u—No par
300
12%
124
*2%
19%
9%
*10%
'
*18
8%
104
27
*34
36%
*36
5
5%
8%
104
35
*121%
"*10% '"11
*104%
>13
27%
-1%
35
25%
*83 "A
14%
*34
2
12%
124
22
*7%.
104
26 %
34%
*22
13%
1%
34%
■
ny4
110
14%
2
*34
5%
*20
83%
*25%
2
1%
5%
•7%
8
2 %
*2
12%
*121%
'
104
104
27%
83%
110
124
22%
7%
*83 %
*104%
5%
*20
22%
7%
12
12
*121%
■>'
.
24%' Nov
9
xl9
11%
Dec
Dec
2 % July
14%
24%
14%
Sep
Sept
Nov
31% Aor
24
14Aug 31
18-
29
24% Dec
11
27%
Sep
5
31% Dec
<3
45%
Jan
12
5%, Jan
20
-7%
Jan
Apr
20% Jan,
4 '
Mar
per share
t
I per than,
30
*29
29%
29%
29%
28%
29%
*58
59
*58
58%
58%
59
58%
58%
60
177
177
175%
60%
59'%
60'A
59%
*174%
176
176%
*174%
176%
*173'A
*21%
23%
*21%
23%
*21%
23%
*23>/a
23%
23%
23%
23 %
23%
*23
23%
34
34
'
*34
35
*34
11%
16
16
16
16
16%
16%
17'/a
16%
16%
16 Va
16%
44%
44%-
38%
38%
39
39
6%
17%
15%
15%
•147%
148%
15%
57%
•'
if
■
■ A
130
8.700
6%
6%
17%.
17%
17%
17%
15%
15%
,15%
15%,
21
*18%
18%
"i
■
148 ■;
19
9%'
.
*9%:
9%
19%
20
,
3%.
•5%;
5%
*
'•
*124
130
*124-
; 600
1844
184 a
■.
130
-
203/ar
xl9%
207A.<
28
20
27%
130
*124
•
2744
2744
27
14 '
14
:
•1%'
*13%.
•
1%
1%
'
>400
V
3 %
'
9%
3
>
*8
10
3%
24
3%
3%
3144
32%
32'A
22%
22%
22%
162%
38%'
*2%
—;
.37%
37%
2%-
■
11%
24%
33%
33%
34
34
13%
14
14 Va
A
6%
6%
6
69
•55
57
29 %
4%
4%
,!
27
27*
4
■
...
Dec
30
Jan
37 44 Nov
x29
37'A
Jan
25%, May 21
-9% Jan
1
35
'31
26%
26%
•
5%'-.
■
17%
17%
17%
„
6,
*66
69
*53
2
46% Dec
11
28
May
31% Jun
16
42% Jan
28
35
Apr
7 Va Dec
11
274 Mar 27
"29
28%.
27%,
*293/a
31%
'"*29%; :
2%
2%'
26 Va
26
26
5%
v,
.
It
-
•
\%
62
13%-
20:
' 17.%
27
20
Jan
12%
Dec
2
142'4
Dec
162
1094
11% Apr
9
18V« Jan
8
15
Dec
22
Sep
2
76% Jan 26
60
Feb
74%
Not
31%
Jan
■■■
■
.
Dec
29%
Sep
par
9 44 Nov
6
13% Jan
22
11
Feb
14%
Aug
-10
Dec
11
27% Jan
28
19'A
Dec
31
July
l'/a
Feb
1st
-
200
58
4%
,•
:
.
900
f
25%
40
S
3 Va
2a4
,
5%
;
,
*
82
82,
/
81%
114%
*113%
121
*118'A
Sep
321/4
Sep
6Va Jan
6
3%
Dec
12'A
Jan
28%
Jan
Aug 31
July 28
162
31
107%
33%
*31
13 Va.
,
13
'
t
'*•% ■>,'
18
■
84%'
118'A,
:.
*118 V*
..
34
3344
4 *31
V
33%
.
14%
15 Va-
is-,
-9%
9%
11%
11%
21%
21%
■
'85 A
107%;
t
■
114'/a
119
>
A
'
27
15%
Dec
28
76
Jun
2
100
90
Dec
107
Mar
6
8
34%-
;
'■
-
;y 14%
Y20
;
9%
-
2%
2%
A'' 22 v.
*2%
59
.
Y 9,615
-•
32.-
;
2%
16
244
.
<
.V■ 5% Y'5%,
A 32% .32%
5744
5744
v.
33
„
A:2%
■'
2%
:
5844
5844
■'.V:'
5 Va'
33
Vlll-A, 111 w
*32%
V
■■'Ai;-5%
•A
5% A.-5%
900
120
12
14'A Dec
11
9
May 20
5'/aJun
1
109% Nov
19
103
7 'A Jan
14
Jan
5
101'4
Apr
7
5
Dec
'
94
6
25
64% Oct
15
IIIi
33%
.
Motor
Wheel
Mueller
Mar 24'
Feb
3
54
Jan
21
J/3 Jan.
2,
6
Oct
24
24-
29
Oct
13
21A
15
Apr
5
—-
7 Va Jan
14
A
18% NOV
12
13
13
17
700
400
Nabco Liquidating
140
86
34
108
Oct
9
Ill
Oct
Jan
10
38%
'1%
52
14% Nov
7
9%
Feb
2
1 J/4 Oct
9
'A
2
4% Oct
24
1244 Feb
27
18
Oct
26
May 15
A 91
Jan
110
112
Mar
118%
Mar
123
6
108%
Jun
113%
3414 Dec
Sep
Aug
Oct
9
24 J/4
Dec
39 '/a
Jan,
42 J/a Mar 12
35%
Dec
43%
Jan
29% Mar 25
21%
Dec
30%
Aug
Oct 20
5'4
Dec
12
Jan
9 J/a
Dec
17%
Jan
24%
Dec
'
A 11
12% Nov
25% Jan
11
20
A, ,18% May
3 "A Jan
■
9
20
1%
2,
Sep
50*.'
Jan
2
63
Feb
11% Jan
7
17
Dec
6
69% Jan
108% Sep
Sep
112
115
2044 Aug 27
May
Aug
94
10
Aug 26
11
6'A Jan
2
9% Apr 23
:
17%
Dec
Feb
26
1214, Dec
'
July
110% Jan
May
102 % Apr
36
1
3%. Aug
Oct
.120
7
28
23 44 Apr 24
,
12'A
Oct
15%.
Dec
77
7.
Jan
79% July
'
117% Feb
8
May
I
Oct
4 J/*
Oct
v
Jan
112
Dec
4
Mar
67
28
66,
Jan
45'4
Dec
26
■
Jan
125
Dec
Jan
is
Jan
17% July
24
314 Nov
.
105 '/a
1% Jan
(G C)
Apr
9%
Nov
8% Apr
.
■
30%
Dec
10
5744 Jun
•
Sep
Dec
16
.
1% May 21
49
2.300
4%
'
class Ba,„—_A_1,
U
——-No par
preferred
,
58 J/4 Dec
19
.
<A
37
'
Dec
10814 Nov
07%, May 19,
Oct
Dec
29
Mar
2
103% Jan
Aug
6'/a
Dec
7
16
*
$7
Feb
24
3314 Oct
30
—-—
MUllins Mfg CO
14
July
71
Feb
42314 Oct
884A Apr
xl
21%
■
30% Jan
Apr
3514 Jan
50
^-No par
,A5
82
33%
Feb
<
16VaiMay 18
..
314
7
17
12l/a,Mar 1.2
C~i.—rNo pan
Jan
9% July
Dec
*
:
'244A. Apr 28
*
Sep
109'A
27'A May
77
Sep
Nov
8%
70% Mar
72
Corp
Co—AA—____-l
Brass
5% Dec
,
Sep
15'A
110
Dec
22 V4 Jun
__50
37%
'A Dec
32
4
—No par
& Essex——:
'
Aug
9% July
Dec
8
1
——No pari
preferred series
26%
27
■
A A
>■;
-.-33.a
33;
....
7'A May
Dec
.Dec
No par-
—
6
9;
20'% Jun
55
1—No par
4%%.. preferred———————100
Murray Corp of America*
10
Myers (F E) & Bro——-No par
4
108
Apr
Murphy Co
A
:
x5% Nov
500
.
Jan
,
,
101,
Munsingwear Inc—-_-u—No par
;
Nov
25 '/a
9% Jan
-18
A
5%' '-A;
109%
10
50Q
*
Feb
13'4, Dec
35% Dec
AT
57%
.
103%
5
13
-AA-
57%,
N
;
AA
55
:■;/,* 53%:
-Y. x^'J44A
,4
Y 111%, ,111%
1114/2,
Vi- ; 33
•'
4>
55
A 1544
>
A-v 500
a
6
2414 Dec
27 % Oct
—
Motor Products Corp—A,
'
*111%., us «•,;•. : lll '/a
'A - 5% A 5% U A'.' *54a
33
AY,
2%
,
-
?,:*1444
V
58%
*57%
x.
•/
*54 -
54%
; 16
"
.
5%
5%
:A
1,000
108'A Jan
—5
„No par
preferred—
Morns
1,100
•
22
54
17%, ;v.
.16%
■»
11%
11%
54 Va* .''55*
54%
v
,
'111% <115
32
,
Y*16% A 17
57
,57,.
*111% 115*
17
•16%
'
'2%
54%
.,54%
i
22
,
11%
;
*22'A. v22%v;: V *20%
Y,'; 244'
■244 A,
.*244
;' *11%
11% V, 114a
16
914 Nov
Montg Ward & Co Inc——-No par
Morrell (J) & Co—-.-——No par
14,300
.
Dec
3
Co—5
Preferred series B
.$4
-
•
•
.
210
.
a".*3va; r. 36 • ;
124-2 , 14:,»;.-- '}
,;xl2% -13%
9%
v
9.4a -,A.- .• 9 44
v
9%
11 Mi .I U4a
•VV.AlP/a' : 11%,,'
/'22 A" A^v.'.,22 .,'v :. 22 .a
*21
;
15% "
x'9%
36
*31
33%
*31'
,
9%.\
$4.50
10744 >107% 'vVA*106%' 407%; A
33% ; -l
X32% >33% ,
•
32%
14% May
12%
17
MOnsanto Chemical Co—————10.
Y
;
.121 A.A-
*118
c ;
•
114%
Dec
6
Apr
preferred series A——_a—100
Carpet Mills———20
7%
2,200
86
85
25
21
Jan
6 J/2 Jan
—
Jan
Nov
May 12
14.
Apr
12% Oct
14
99% Aug 21
—1
Mohawk
600
16%
* 113%
.
-
.
3.100
2%
4
;
16%
.-A
Jan
10
Nov
—.a—.
Mo-Kan-Texas RR
1,200
*
'i
;A-A.2%,
-
'
15%
A 9%
119
33%
;
-
*11344
107 Va
107%, 107%
,
100
800
.
*44
..
Sep
2%
3% Nov
22
'
•
•.
17
•
"'84%.
120
83
3v
:
*16%
17
*16%
-4.400
s
44: ; 13V'a
56%
5
1st preferred———100
cum
Dec
Aug
24
'
v%:
'
*2%
27/a'
2%
,
2-.7/a
62,
62
A
130
■
|A
■
114J/a
10
•57.
.
•'-•
8%
Dec
1
Sep
176
Jun
,4014
7
Sep
31'A
1 'A Jan
Minn-Honeywell Regu—'—No par
4 % conv pfd series B
—_100
4V4% preferred series C—lOO
Minn Moline Power Impl-_„
Yl
$6.50 preferred-—a.
—No par
Mission Corp—
—
YQ
210
•
lift..-
-:v%2%'
-2%"62, A
13%
*11344
14%
'53
10744' 1073A110.
-
.*60%
■'
'9%
,V
3>.
•
118 VA
36
/ r.
*
.■
.
'
U
171* A
16 Va
13%
'
:
111:
/'•.'2%
83,-'
334-4.
33%
33%
"31
•
'.
.
107%
107%
•
107%
33%
107 44
107 44
-
2,300
171
No par
a—_
Midland Steel Prod
28
Dec
24 J/a May
13
46% Jan
.
May
2114
6.
Jan
176
29
19
3,
21
291V Jan
Apr 20
Apr
11
13% Sep
•
•
3214 Dec
25'A Nov
;
;
19 %
Copper™
-5,
Mid-Continent Petroleum—,—-—10
120
.
58
'.*5714.
A
1
19
Miami
800
.
Xl06%; 108 >/a
:
Jan
17%
Dec
'
12,200
.
Xl9I/a :,19Va-
11'A
Dec
x2014
Trans Co—No par
Machhae
Mesta
' ,2,600
.
17%
17%
A;
5844
57'A
2%
13
<
114 %
121-...
.
19%',
A-
13
,
*60'/a
.
,
82
\
114%
•118%
:
106%"
*110
*113%
81%
5 %'-
AA 5%.
62
2%
.2%; •'•;•
13%;-.
'44
2%
-
,
16 Va
•113%
1,100
■
3
16%
26%
■
Dec
6
par
1st preferred,—.
conv
Merch & Mln
200
'
62/.*
%
-v
.*25%
17%
-1067/a
111
*110
31%
,'A'29Va-
:
3%
7
.100
Co
Corp
Jan
pai
(The)—■—
Mengel Co
■
5'A
par
preferred
Shoe
Melville
-3,000
294a
1% May
Dec
14
22% May
5 V4%, preferred—
<—
L
.McLellan Stores Co..
:
—.
.100
6% conv preferred—
Mead Corp.——No parS6 preferred series A_'—_a_No par,
$5.50 pfd ser B w waNo par
1,300
.
Jan
2%
11'A Oct
4
.100
i
%
5
12% Jan
-10
Corp
Mclntyre Porcupine Mines
McKesson & Robbins Inc
400
21
7 26% Jan
3% Sep
par
No
_^„No
preferred—a-No
Sep
Nov
3'A Jan
2
100
McGraw-Hill Pub Co—
1,800
Aug
17
McCrory Stores Corp________— —1
2,000
7%
16%
8 Va Apr
McGraw Elec
4,600
Dec
Apr
2
par:
—
conv
Dec
5'/«
12%
30
4% Jan
A— —1
Alkali; Wks——-No
4%
15
26
4% Jan
4
par-
Corp—No
Dec
17 V* May 20
100
—No par
Co—__ —i;
Corp—, No
cum
23/4 Jun
5
Jan,
6>A Jan
% Mar 27
-1
Corp
138
16% Jan
A
2% May 22
5
May 2
1174 May 18
_25
6% pr preferred-
Stores
McCall
131
—l
Exploration-—;—
L)
<23 y« Jan
1
par
Shirt—1
(Glenn
19
9
,,
69
2544
.
par
17'/4
10
.
.
6,
,
No
No
5"
1544 Apr
124
—1
v
6%
4%
5%
19%
"
107 Va '
107%
;-
noY
13'A
,
%.
%l
<Y
16%
3
16%
.
Jan
55% Sep
.
•
58 Va'
57 'A
57-
5%
■
17%
107
106%
,
;
n%;
20
j
107,
.r
*60%
13%
Jan
13%
10
149% Dec
2,400
109%
28%,
444'-'.''
4%
-
*2544
•
5%
5Va"
.
J
17%
'244
60 %.
14
Sep
19%
9
16% Nov
Mar 30
Mar 13
-
21% Jan
Eleb Co——
5','o
35
*66
;
,26V4;
26% '
110
3
2%
■
*
62
14
Dec
19
19% Nov
11% Apr 29
15
128
1,000
^
,1444
5%
314 a
v'
■
•61
Oct
3%
30
preferred
$6
u
2,300
11%
6%
'
*25%
107 V4
111
*110
111
'110
*
108
*107
108
Dec
17 % Apr
Department Stores_^_—
■V; $3
104
58 ;
2544
56 Va
'
1%
45'/a July
35%
Maytag Co
100
12'/a.
*108
'
32*
•19%
56'A
55%
Sep
39%
Jan
37
100
preferred—
7%
May
600
107
35
-58
1
1
8%
'
-
•
444
*106
,,
Jan
31'A
Dec
Mathieson
2,900
*110% 104
6
58
*
.-<■
.; 14'/a
4%
17 Va
1944
16%
Apr
Deo
Master
-
23%
f
104
6
•
*53
;
35%
-14 Va'
14 Va
29'/a
5%
?■
106%
/'
56
•107.'-
•
19%
107
56
17%
.«
106%
20
20
106%
,Y
Apr
19
Masonite-
A
20
*8%
28 Va
*26
5%-
6
23% Apr
Martin-Parry
.i ■
23%
844
*100%
104
*66
,
29%
t *31%
26. Va
26 »A
•
5%
'.5%.
•
'
•
-
i
13% July
Dec
13
19%
12
16
X32
3,300
.
2%
■
*102
69
6
.6
X2544
-3i%; 31 Va
<
.
Nov
24% Jan
14% May 20
"
2
9 lA
12% Oct
2
11% May
:>
May
2
4,300
37
19%
•
4%"4%
274a
x20%
12
Marshall Field & Co
A 3,700
",
■
,
••
' a: 11%
'
24'A-'
-
108% .10944,-A
6%;-."'
6%
6%
6%
*100%
55
,
*
1
•-
32% Feb
27
Market St Ry
2,300
.2144
*98
104
35
■
-
-
109%'
109%
6%
29 %
4%
*27
14
69
55
Ji 29%
%
35'A
13%
104
*66
58
29%
34%
5%
...
69
*55
•
29%
6
v
*66
.
23'
Jan
■Martin
22%
*12
: :
:
11%
'
*844
8%
.•
*10044
104
6
•66
.6 Va.
6%
64a
114a
x
2344
*8%
*
•
12 •>-
*102
24
109%:
*107
109.
*100%
104
•100%
Y
109
108 %
108%
Jun
22 4V Jun
35% Jan
5,300
32
:*2%
%
•
, W.
2
100
12*
104
35
14
.
20
11%
11%
24
8%
34
13%
21
7
Midland
Marine
310
3%
f
*21
38
-
*98
12'/a
14'/a
8%
-•
37 \
20
<
107
*102
104,
*8%
8 7'a
*8%
•8%
Dec
27
«*—
5,900
'
,"
M7%"
',344"
"*162%
-2%
.
20%
*20
*11%
24%
24
24 V4
*24
A
-
v
9%
3144
32',A- <■
22%-'-,' '.-22%
373/4:
-
2%
*96
<
11%
11%
*102 Va
105
*102%
17 >A
Apr
"Maracaibo Oil
800
7,300
''8 a
94 a
*-17%
...
20% -•21%
v
37 Va
2%
12
117/a
11%
11%
107,
12
■
:
31 Va
'
•-
-
*162'A
37
20%
*96
<
10
*22%
-
*162'A
•
24a-
*20
>
12%
12
105
24%
107
*96
12%
■
2%
20%
*20
20%
237V Nov
26% Dec
Manhattan
200
V
3
8
4'a
8
v
-
21
2044
21 Va
20%
21'A
•
Mandel
-1%'
3**
r
fx 1744 -17% '
3% ■{ '< 3%',A-'.
3214
22%
•37 %
107
•102%
x944'
3%
"
•12
8Va
10 Va
18%"
2%
*19%
8 Va
10
3%
21
38%
*100
3Va
*8
•
18%
*162'A
2%
1%
3%
23
Jan
14
Copper..—
Sugar Co
—A
Bros——JVo
Manati
'
-14V4A
*13%
•"'- -144
3 Va
18%
*22%
•162%
38
10
1%
•;
'-
1444;
■
3
18%
21%
21%.
8%
10
,
-<5%
f»
Magma
2,500-
34 a
v*5V4
*13%
.
31% ,31%
32%
•22%
3
,
189
16
.10
Forbes
&
preferred—
Trucks Inc_
3,400
19 V4".'
3%
544
1%
3
19
344
'
14'A,
*i%
.
3
19
V* 3%
3%
*
•31%
10
„
187/a
-J
19
18%
1 %
8 V'b
*
8%
...
■
; *13%
13%
3 Va
,
8
10
8
5 44.
1 %
•'
5%
19%
3%
3 Va
'
■
*5'/4
19%
3%
*5%
3%
■.
13%
,
1%
<••
Jan
Jun
174
Dec
16% Apr
—No par
100
Macy (R H), Co IiKV—
Madison Sq Garden——
3,700
20 V«
,,--1944;
-
6%
Mack
3,800
19 Va
19Va
19%
3%
,*5lA
-
98
—No par
MacAndrews
•
284'a
94A*
*9%
9% '
*9V2
9=
19%
5%,t
14 V<
r-
Jan
Not
16 4 44 Apr
preferred-——-100
Xtouisville & Nashville^
1,500
Jan
64%
.
96%
M
27'A
2i
*94%.
,
3 %
•
*5%
■
■
."
19%%.
,
3%
3%
94Y
74% Jan
—10
Co—
<P)
Louisville Qas & El A
800
•
'
•
30
v
-
;
■
130
•
18%
>
„
57%'
*57-
58
.
15%
15'%
15%
57%
7%
<
19
20 >A
r
v.
Y
29
39
Dec
i
27
26%
20%-
57%
*
*124
21'
15%
57'%
•
148
149 -
15 %
15'A
15%
57%
•18%
20%
*147%
149
*147%
149
57%
11,400
7'/a
18
5 0 44 Apr
Not
64'A
Jan
177
share
32%
73% Jan
Mar
Highest
I per
share
per
3
33
—
1,300
38
<6%
15%
*15%
1,100
"
17 Va
■
26%
3
Lorillard
300
'
share
13
—
11,200
*37%
,
6 %.
6%
•
27
38 '
x38
15%
•>147%
27
20
3,900
; 1,000
.
46%
17%
.
130
*124
•
1,000
15%
•
,
,164%
16 Va
46
46 '/a
15%
6
'2.600
15%
17%
19
*18%
17%
11%
6%
.
19
•124
38%
<
,
18%
38%
.
15%
57%;';
,
57%
:
39
_
,15%
15 Vs.
57%
.
,16%
16Va
46
39
,
•147%; 149
15%
•15
45%
!
33%
'
16
46
45%
17%..
17%
•
23
33%
J per
50 Va. Apr
——
100
„
22%-
11%
16
45 Va
.
6%
6 %
6%
*17'A
.
140
22%
"
45 %
*
*11%
11%
16
%
44
900
,
4,100
11%
34%
11%
*11
11%
15%
16 %
.
,
Xl5%
34%
34%
34%
•
23%
34%'
*11%
-
22%
22%,
15%
.
60%
173%- 173%
X22%
11%
%
59%
,
175%
*22
23%
•15
60
59 Va
*21%
411 Vb
59
,60
59%
Year 1941
Lowest
Highest
share
per
20
_-5
Liggett & Myers Tobacco—,,
25
Series B,
,»-■_—--25
;
tPreferred
100
Lily Tulip Cup Corp
No par
Lima Locomotive Wks
—No par
Link Belt Co
No par
Lion Oil Refining Co—
-No par
Liquid Carbonic Oorp_——_No par
Lockheed Aircraft Corp
1
Loew's Inc.,
:—
No par
Lone Star Cement Corp_,
No par
Long Bell Lumber A——No par
Loose-Wiles Biscuit.——
25
Life Savers Corp
•
59%
59%
59 '/a
59%
I
Par
300
30
'29
29%
*29
*29
Lowest
Shares
f per share
I per share
t per share
$ per share
,
Range fer Previoi*
On
STOCK
YORK
EXCHANGE
the Week
Dec. 11
Dec. 10
Dec. !>
Dec. 8
Dec. 7
Dec. 5
NEW
for
S»le«
Friday
Thursday
Wednesday
Tuesday
Range Since January 1
Basis of 100-Share Lota
STOCKS
HIGH SALE PRICES
LOW AND
Monday
Saturday
2103
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4133
.Volume 156
18
74
Feb
46
'"61%
:
July
15%. Nov
9% May
Ill'4 Dec
.
4% July
Dec
Apr
74%
Sep
4% Jan
2
614 Nov
~4
Dec
~8'A
Jan
3014 Jun
2
39% Feb
34
Dec
5l'/a
Jan
19%
Deo
'
K
rvY';;
v..
■•".
y-.
'
Y
3 Va A
5%
6 ■'■!/'
A
•i,;: 6
22%
'4%
5
444
444
*4%
•8%
8%
8%
84a
*844
8
8%
8'A
844
8
,"
1544
15%
15%
164
166
•163
5%: Y 5%
19
i-
14
7%
10
24%
24%
24
•17%
>:
10
*9%
•9%
:
17%
17
12%
12%
544"
*162%
•138
12%'
35'A
14
,
35
.2
2
2
49%
50
49%
4%
4%
'
4
%
L-
34
244
r
12%
13 %
13 Va
13%
60%
61
60»/a
60 Va
66
66
65
65
3
3
3
6%
6V4
6>A
9%
9%
*9 %
9%
*9 44
*14%
15 %
14%
*14 'A
*73
74%
75
*74
'
60
544
3
•6"
43
*38
14%',
•
*73
*39
41
664a
'
Y
50
4%
44'
26
26
25%
■\
12% :
139
139 Va.
1444
.*3344
2
-1%
-
4%'
4%
'
13%
A
,
59 %
-59
"63
16%
*94
9'A
9%
16%
16%
95
For
9%
16%
95
*94
6 Va
6
6
9%
944
9 44
9 44
footnotes
see
page
1644
*14'A
'
14%
14%
7444
*37%
;
*109 44
25% :
*73-
75
*37%
42
1
26
*25%
2107.
9
9%
17
?
9'A
16%
17 Va.
94
94
9
1644
*93%
'
2
■•■
5
60
•
2,200
-
300
•
.
A 9,800
<
.100A
preferred.:————:«
Bond
&
Shjarc Corp—No
National Can Corp
Nat
par*
-10
Register———1—No
Cash
Jan
23%
Sep
26
13%
Dec
23%
Jan
9
2%
Dec
5
6
5 J/«
Dec
23
6%
Dec
11
17
13%
Dec
18'A
Jan
160% May
175%
Jan
May
5
' May
1
166% Jan
14
6% Sep
c.
12% Apr
.10
C
——-—
—A—No par
Stamping——No par-
f
17
7%
Dec
11
12%
Jun
16%
;
Dec
71/2
Feb
10'/a
Sep 28
"■ 26
18
3% Apr
preferred*— —No
par;
».
Jan
2
Apr
25 %
11
5% Nov
28
60
17
6
Nov
Sep
Sep
3%
24
conv
Jan
8
23
1414 Mar 17
4$4.5(k
14% July
Dec
97/e Nov 21
17% Apr
.
10
7% Nov
Nat Enam «fe
__T
x
1
Nat Distille'rs PhkL*
National Gypsum Co
Apr
16
9
4% Jan
8% May
Jan
9%
Dec
27
.914 Jan
16 ;
30
17'4
Dec
334
21
15% Aug 25
1
2
12%
Oct
5% Nov
16
I.
2
4 Jan.
Sep
19% Nov
23
3% Jan
11
Jan
9
10
9% Oct
13
112 % Apr
7 >A„ Jan
8% Dec
.
A.
J/8 May 16
140
; t;
.
'
1614 Oct
par
Cylinder Gas Co_„_—.—1
Dairy Products.———-No par
National Dept Stores—No par
National Lead Co
Sep
Sep
Dec
20%
Sep
9
3%
Dec
8%
Jan
Jan
5
58%
Dec
93%
16'A Jan
12
12'A
Dec
19'A
160'/a
Dec
176
Jan
138
Nov
154
Jan
24
Jm,
72
>
Mall Si
-
-Mar
13%
National Supply
7,000
$2
1,050
544%
190
6%
Steel
conv
6
,168
Jan
29
Mar 17
146
Jan
7
:
133i Dec
*
preferred
3
-
1,100
National Tea Co—
1,700
-
-
:
"
*
*9"Va
•;
<
"
.
9%
(
!
15
15
:
:
6
6
'
400
Nchl Corp
500
{
.74 Ve
A
i
Nelsner Brds Inc
—:
*73
40
44'
'
25%
'•
9%.
16%
95
-
9%'
'16%
-
A'
30
41
25%
'
944
'
16%
1,400
J
3,300
4,500
"
v
*9344
95
4% %r conv
—
-No
100
par
100
6 J/4 Jan
18
4
Dec
16% Feb
25
8 Va
Feb
68 '/a
Jan
7% July
16'A
Nov
63
Feb
6
41
Feb
68
Sep
Feb
5
43
Feb
75'/a
Sep
.4
Oct
21
2
Dec
5
Dec
11'/a
Oct
Dec
9%
Aor
■<
5% Mar
*
Feb
6
8 J/a
9'A Dec
5
6 J/a
9 '/a
10
7
10%
Dec
.15 '4 Oct
14
7014 May 26
7 514 Sep
15
69 J/a July
27
39'A Dec
4
31% Dec
28
104
Jan
Apr
5
109 J/2 July 27
Mar 10
17
.*.1
1
1
N'port News Ship b Dr Dock—
$5 conv preferred
—No par
7 J'4 Apr
28
Newport Industries:
7% Mar
70
22'A Apr
A
Dec
"
10
-10
Newmont Mining Corp
36
Feb
May 19
11
1
serial preferred— .100
Dec
Dec
May 14
47/a Oct
•'
No per
Newberry Co (J J)l„
5%. preferred series A
*109 V4
'
26
•"
*37%
2i/a
Sep
2% Mar 30
"
74,44'
26
Dec
51
:_No par
14 V,
42
54
45% May 22
'
A
23
5
.100
'..No par
Natomas Co
i
Nov
21
16
.100
prior preferred——
preferred
36
Oct
9% Jun
..40
—
prior
-
.3 ye Jail
1% Apr
4
„10
(The) Pa_A
17% Mar 17
28
43% May 28
-25
Corp
11
29 Va Apr
par
.—4
—No par
National Power & Lt
National
:
t
May
129
Products Co
4,800
T
145
.100
StT Cast Co—No
National" Oil
-
A—— 100
preferred A
6%' preferred B—
Nat
U7/»Apr 25
-10
*—.—
7
3,000
;
6444
3
*109'A
,
1
34%
'
13,400
100
1
59
3 Va
15
4%-
'
26
95
7%
Nat
14'A
.514 Nov
24
5% Jan
;
*
*
*3
:
<
*63
;
;
9'A
*94
280
(
-
*58 2 '
6 44
9 V4
I 4,600
»•
5044
5044
-
'.<■13% i
'64%
•
9
:
59:
647/4
6,44
75
'
—5
A 6 fa preferred
300
14
13%.'
/
.
13
139
139
;
,13%
13%
6444
.
'
'26
.10
—'
Corp—
Nat
' ;
16544
1%
4%
3
41
Aviation
National
5,200
-
•
•
National'Biscuit Co—.——AA—--10
8,800
4
-
preferred
conV
2,400
2,000
66 44
:•
*33%
-
.
50 44
50
50
3
*40
A 4,000
•
''
5%
5%
*65
.V
14
^34%
Y2
13 Ye
14;%'
.
*160'
i,
139 Va
13 %
,
34
3"
.
10
Y12%:
•
16544
59%
*109 44
'
*25%
5%'
3
1
1,900
6%
National
5% July
2
I
Xl2%'
1%
60
,.
ioo
/
'",-
2344
2344
v
6644
;
64%
6 44
;
A
*14%; 16% '■'!
*63 44
*109 VA-
*109%
-,
100
.>-674
Y' *9%
v
AA,.';
12,400
»
,
<
8%
1444
i
800
2,2u0
;
20
19% Oct
Apr
3
Dec
Dec
Oct
129J4N0V
13 44 May 26
'
65%
"
■
10
54V
,
V
-■
18%
8%
6%
17%
1,200
7
1%
3
x
314 July 14
6
.2
1614 May 27 V
—1
Co———
Acme
.
3% Jan
V
Nat Automotive Fibres Inc——_.—1
t
168
1% Jan
i
par
Chatt & St. Louis_<—-— 100
Nash
National
-
15% ;;-A
:
18,44.
-
•
23%-
*160 ;
13%
13-
13
•;
>
;
,-7
234V
v
12%
x34
504
4
Y
8%
■:
Co——No
vCorp-i--/——. —5
Nash*Kelvinator
1,600
84V
8%
Y4';A-14:%
17
•
18%
4
,-
:
;
14%
;v*»%:
10
23%
i:
.
A,
18%:
:
6%-
744
162%
*138
-
2,'A
444
18
,
12%
34,,
49%
4%
v-
5»4
-...1444
30
•'■•••"'*14% Yl6
A
:
/.-C 544 .'■'544-a'V
f 164a
6,200
•
15
tY, 15 4'a
Y *165 -
4;
.
A.: ,8%, ,.',844
-
162%
-
1444"
,
"
2
A
50 *
-
138
14
,
13
.
544
22%
8
15%:
.
i
*'!•**'
16544"
138
14
o34
14%
35%
*16244
138
138
142
.
14%
65
'
165 V4
.
5%
5%;
.
"-65V4;
65
12%
•162% 165%
12%
23%
*16
18%
(•
'
<
10
54 a
'.'66%
6544
67%
'
7 Va
23%,;.
*16
844.
14 4V
''A *9%
*944
17
187/a
744,
237/#:
'24 Va
53/a"
5%
5%
67
.
18%
*15
..A:
,A " A.
8
.-168 4
*164.
5»A
844
6.;
5
844.
.
,xl5%
.
I6V4,
14
"3j/a
'15 A
•v-7
5;
.
s
,
*15-
8«A '
5
'
167
•164
1444/
'
15%
15'..
v
84 a
8 Ve.
"A 5 44
19 44
8 "A
'
'
5%;:
1444
7'/a
.
-
I6V4
Xl8%
A-
.14 44
7 Va
7
167
V
15
8 Va
■15%
"*544
844"
x8'A
8%
14%
*15
A
-
'•"< A'.;:-
5
%
8
i5%;
*164
16%
18%
8%
14%
7
164
8
;
8V4
15%
,
5'A;v.: 54V
19
19
V
*15
15%
15%
15%
.
8%,
N
•'
'■•.
Y-V:;-6Av
" 6
Y *21%-,;, 22%' •4. A *21%
1544
AA 5
5>A.
-
22%
:
15
'*3
X5%
6 44
*21%
•
'"
>'•'
3.".;
3
3
3
I
1544 V
.'1544
15 Vb
15 Va
15%
.' *22
22%
*22
23
23•15
3%V:
64V
34 a
6YY
6
''
*3
3%
•3
•
'
■A"."
'•
Not
July
79 »4
Dec
45%
Jan
110
Jan
30J/2 Feb
-
16
22'A
Apr
31%
Jan
11% Jan
12
5%
Apr
11%
Aug
I9J/2
Dec
27%
Jan
July
*
157/e Dec
2
25 J/a Jan
2
Dec
9
109'4 Jan
9
94
105
17
Feb
106 »/a Mar
116
THE COMMERCIAL & FINANCIAL CHRONICLE
2104
Monday, December 14, 1942
NEW YORK STOCK RECORD
't
Dec. 8
f per share
thar§
V-.ft-
PRICKS
Wednesday
Tuesday
Dec. 7
f per share
Dec. 5
f per
LOW AND HIGH SALE
Monday
8atard»7
Thursday
Dec. 9
f per
share
Sales lor
Dec. 11
I per share
25%
25%
26
25%
25%
24%
25%
24%
24%
11%
11%
11%
11%
11%
xl0%
10%
10%
10%
13
13
12%
12%
*12%
12%
12 %
12 VA
12 Va
12%
37%
37%
21 Va
37%
36%
36%
*36%
36%
36
36
35%
15
14%
15
15
15
*14"%
15
4%
*13%
14%
*13
14%
66
*65
66
*65
66
5
14
*65%
24%
65%
hi
%
hi
1%
1%
1%
32
5
3 a
95
24%
%
1%
*85
24%
x23%
x23%
23%
%
%
1%
1%
oyB
A
19%
20
19%
19%
19%
20
19%
19%
22
*21%
22%
22
22
22
22
155 Va
158
156
155%
157%
156
156
155
112
112
*111
♦111
114
157%
51%
51%
*51%
50%
50%
9%
93%
7%
7%
*51
52
49%
x49%
49%
9%
9%
*92
7%
9%
6%
*105'%
15%
15%
15
15%
*15%
15%
35
35
34
34%
*33
35
3
30
30
29
29
29%
*29
.
■
32% Feb
5
6% Jun
24
12% Oct
13
11 '/a Jun
11
17% Feb
6
10%
51
6
25
23% May 21
Highest
1 per share
100
f
1 per share
26
Dec
45
7
Dec
15%
Jan
Dec
18%
Aug
Feb
47%
Aug
24%
Jan
15%
15%
3
33%
33
33
*33
*8
Y
5
110
Feb
Jan
80
May 20
109
Feb
J8!
Jan
Dec
4% May
..ft"
6
8
Apr
18
Oct
112
Jan
115
Feb
8
26-
106% Dec
23% Dec
6%
23
14
Jun
3
30% Jan
2
23%
Sep
23% Jan
7
19
Dec
19
100
143
100
108
.
50
Northwestern
60
25
Apr 29
9% Dec 10
Jan
No
53
Jan
Jan
Jan
110% Sep
16% Dec
X
14
20
38
Jan
Apr
58%
Jan.
57%
Jan
50%
93
18
34
Oct
107
10% Jan
'
Oct
17%
Jan
98
Sep
8%
113%
Dec,
Aug
Nov
Jun
14
Jan
7%
40%
Nov
Dec
2%
Jan
%
7%
6
6% Apr
Dec
Dec
34
6
14
Dec
July
3%
2
Feb
Jan
17%
10
7% Sep
215
119%
Dec
1;
Mar
3% Oct
'•
Feb
10%
9
27
Sep
Jan
■
Oct
50%
31
20
35
32%
ft.
Deo
6
96
2
Jan
Jan
9%
2
1
Feb
%
179%
27
14
8% Nov
8
Apr
31% Apr
par
.No par
50
1%
.
109
26
2
Apr
A
Jan
Oct
14-
52% Jan
Aug
Jan
A
116% Sep 29
11 '/a Nov
9
14
100
50
Telegraph
■*
IS
•
3
4% Jan
.No par
Preferred
192
10
85% Apr
100
Norwalk Tire & Rubber
Apr
39
...
tNor States Pow $5 pfd
Northwest Air Lines
Mar 26
Mar 10
6% Mar 31
39
Northern Pacific Ry
210
•
•
10
preferred series
60
Deo
15% Apr 29
5
_
preferred
-
Deo
i 2 Oct
2% Sep
% Oct
Northern Central Ry Co—
1,300
3
3
2
% Jan
North American Aviation
2,300
42%
A Jan
% Jan
preferred series
5% %
54
3
Jun
110
100
Shipbldg Corp part stk ——1
Adjust 4%
8,900
34%
3
8%
23
May 22
100
—
tNorfolk & Western Ry
a.,'
15%
34
3%
30%
8%
12-
Jan
100
preferred
North American Co
170
35%
8%
N
7,600
*
107
*34%
30%
6
15% Feb
:
15
50
Noblitt-Sparks Indus Inc
1,900
;
'•
'■
6%
*15%
3
15% Jan
2
May 25
61
tN Y Ontario & Western
1,460
-
35
3%
4
12% Apr
Feb
50
preferred
non-cum
Conv
600
10
*106%
11
10% Jan
•
IN Y N H & Hartford
26,900
93%
6%
—
N Y Lack & West Ry Co
5,000
49%
9%
Dock
preferred
N Y & Harlem RR Co
20
15%
*15
par
ft ft 400
ft
52
49%
107
par
1,200
9%
*92
6%
par;
No
3,500
156%
9%
*106
ft"
111
52
93%
6%
107
155%
49%
9%
No
7,600
%•"•:'
8
32
9%
35% Dec
No
5%
590
%
1
19%
■
•*
52
*92
7%
3
3
*2%
1 per share
par
NYC Omnibus Corp
90.
23%
111
9%
*49%
9%
35
3
3
*2%
t per share
preferred series A
10%
19%
155%
*51
93%
6%
106
106
Year 1941
Lowest
c
*21%
,
114
9%
9%
*92
93%
6%
107
107
51%
9%
93
6%
106
106
9
49%
50
9%
*111
9%
51%
52
*92
114
9%
9%
50
:
9%
*92%
*111
114
Range for Previous
Lots
Highest
par
New York
300
.
...
*%
32
.
29
%
1%
*%
6%
95
%
21%
9%
65
1%
19%
9%
100-Share
No
,
500
5
*85
95
23
9%
of
No
Central
N Y Chic & St. Louis Co
300
14%
63%
.66
*21%
19%
New York
500
1,700
141/4
%
%
New York Air Brake
2,400
:
;
36
14%
14%
1 %
■ft
Far
36,000
\
12%
5
5
*65
24%
%
1%
%
*4%
*12%
*85
hi
3Sa
*14%
5
14%
65
1%
*%
15
*4%
*13
95
*85
24%
*23%
24
23%
95
*85
95
*84
*4%
•
24%
10 Va
Basis
Lowest
'
15
5
4%
14 %
*4%
24'%
10
*11%
Range Since January 1
On
EXCHANGE
Shares
I per share
11%
,
,v.
NEW YORK STOCK;
the Week
25%
♦14%
-STOCKS
Friday
Dec. 10
Deo
21
Dec
.
ft
Oct
27% July
"
8%
8%
8%
*8%
10%
10%
10%
11
*26 %
26%
26%
8%
26%
4%
69%
68
4%
*68
*3%
16%
3%
11
11
27
27%
4%
68%
68V2
3%
*3%
*3%
16%
16%
16%
16%
16%
3%
.
16
..
*141
*141
*141
11 '
27
4
68
68
*3%
3 %
■
10%
26%
ftft
4%
4
8%
11
142
29%
*27%
29
*27
29
*27
29
*45%
46
*45'/a
46
*45%
46
*45%
50
*45%
49%
50
50%
52
51%
49%
8%
8%
8%
8%
50%
50%
8%
6
*5%
6
*5%
8%
6;
*5%
22
*20%
22
*20'A
21%
21%
6
*20%
13%
14
14
13%
8%
No
Omnibus Corp
.;■ / V
70
80
6%
100
-
50
45%
45%
52%
52'A
52%
5,900
8%
800
Pacific Amer Fisheries Inc
5%
120
Pacific
8%
8%
5%
*5
21%
*20
5%
*20
500
Outlet
20
■■■■:
.
Outboard
22
Marine
1st
Mfg—
No
Glass
Coast
Co
12.50
5
Co__
10
preferred
preferred
No par
13%
13%
13%
*13
*12%
13 %
*12%
13 %
*12
13%
*12'A
14
*12%
13%
*12'A
Pacific
Finance
22%
22%
22%
22%
22
22%
22%
23
22%
22%
22%
23%
3,200
Pacific
Gas
32
32
32: ;
32
31%
31%
31%
31%
31%
31%
31%
31%
.1,000
Pacific
Ltg
Mills
13%
;
92
92
*145
*91
146
'
■
8%
17%
17%
17%
17%
17%
18%
1,500
Pacific
91%
91%
91'%
92
91%
92
91%
91 %
160
145%
145%
145%
145%
146
146%
146%
3%
3%
3%
3%
8%
2%
2%
2%
2%
2%
23%
23%
24%
23%
*6%
7
6%
6%
6%
6%
*6%
7%
105
104%
1%
*98%
16%
117%
*114%
15%
36
101
*14%
16%
117
117
15%
*14%
%
1%
1%
27%
26%
16%
1%
16%
*15%
1%
1%
25 %
25 %
1%
*35 %
*98'A
16%
16%
117%
•
15%
*14%
1%
1C5
105%
101
1%
26%
*1%
*1%
1%
36%
*98%
*115
118
14%
1%
1%
27%
27%
27%
*15%
16%
16%
16%
*15%
1%
*1%
1 %
1%
1%
24%
24%
24%
24%
*58%
60
59
59
59
80
80
16
Cos
6%
•
1st
Park
Davis
100
Parmelee
1,700
x77
Penick
&
80%
80
80%
77%
76%
77%
3,300
Penney
3%
*3
3%
3%
3%
3 %
3%
4,300
Penn
.1%
1%
1%
1%
1%
1%
1%
1%
1%
1%
1%
1,400
Penn-Dlxle
:V
35
—
35
*31%
*106%
'
22%
34
12%
13
*32
22%
33%
*13
*106%
__
14
•
n?13
*.106%
*32
32%
32%
0
*106%
34
*13
14
300
;
14
$1
300
'
'
*106%
—
21%
22
21%
22
21%
20
*19
20
*18%
20
*18%
20
*18%
20
19
19
100
46%
*45%
46%
*45%
46%
*45%
46%
*45%
46%
45%
45%
100
*1%
v
*4%
2
*1%
2
26%
4%
26%
*
2
26%
*4%
4%
4%
*4%
4%
200
39%
39
39%
38%
38%
20%
19%
19%
19%
19% %
*22%
24%
*22%
24%
,5%
5%
5'/a
5%
23%
5%
5%
5%
5%
5%
5%
5%
*5%
5%
5%
5%
10%
10%
*7%
*2%
36%
66
11% *
*7%
*71
ft-
31
*5
60
2
109
*106
109
*106
109
*107%
7%
43%
*7%
*70%
42%
*3%
*71
42%
43%
3%
*2%
3
64%
*31
*7%
7%
79
*62%
64
17%
3%
32
*17%
*2%
*63
18
*3%
3%
*30%
5%
17%
..
31%
*58
9%
5%
5%
60
X8%
8%
*58
3%
.
31%
*4%
60
*58
9
162
*140
162
*140
175
170
170
*167%
173
4
4
4
3%
4
*3%
5
*4%
*57
59%
*57
58%
*23%
25
*24
25
63%
7%
,
7%
*12%
12%
12%
12%
*17%
18%
*17%
3%
42%
3
i
*63
17%
3%
7%
17%
./
33
64%
*63
4
*7
4%
643/4
7%
*7
~1%
7%
4%
60
4%
;
*58
58%
*56
24
*1473/4
24
*63%
*7
168%
i
,
.
4%
*56
24
64%
7%
*1473/4
23%
*63%
:
"1%
1%
12%
12%
12%
12;%
12%
12%
18%
*17%
18%
18
18
*18%
18%
3%
3%
1%
*1%
ft ft
■
:
400
220
20
1%
100
12%
18%
100
3%
3%
2,300
14%
15%
6%
6 %
6%
6%
6%
6%
*6%
6%
*6%
6%
*6%
6%
1,400
6%
25
*24
49%
120
-
49%
120
11%
72%
10%
71
25
49%
120%
11
*24
49%
24%
49%
*120
10%
*24
I-
49%
10%
6%
23%
300
49%
49%
4,200
*120
10%
10%
30
11
6,400
72%
71%
71%
71%
72%
85
85%
71%
72%
84%
85
84
1,680
85
83%
84
96%
97
83%
84
96%
96%
1,050
110%
110%
111
110*%
115
115
115
*113%
For
footnotes
see
25%
page
2107.
25%
96%
96%
96%
110%
110
110%
*110%
111
115
115
115
*113%
25%
25%
25%
25%
96%
96
4
6
5% Jan
2
96%
148% Nov
Nov
19
9
Oct
21
3
Oct
147%
9
4
14
101
Sep
1
28
1% Dec
4%
9%
Aug
Dec
3%
Jan
19%
Dec
7%
Jan
10
Jan
%
Feb
T% July
2% Oct
2
par
20% Apr
28
38
Dec
90
6
101
19%
37%
Jan
19
99
24
17% Oct
8
10
Feb
16%
Dec
100% Apr
23
123% Oct
8
95%
Feb
115%
Dec
Mar
:
28
Jan
2
1 Va Jan
2
2% Jan
14
par
29
29% Jan
7
24%
13% Aug
3
2
14%
Mar 20
par
13% Jan
44
Apr
2
15
56% May
1
17
17% Mar
1
Dec
Apr
14%
Dec
1
43% Mar
54%
73
80% Dec
.
par
l%Jan
2
2
Jan
21
44
Jan
21
15
Aug 12
Jun
50
5
30
May 15
May
18% Jan
16% July
36 '
Apr
% Jan
15% Mar
4
108% Feb
ft
Sep
3%
Aug
Dec
3%
Jan
34%
Apr
52% July
11%
Dec
Dec
17% Aug
112% Mar
17%
Dec
25 %
Apr
20
Dec
25
Aug
36% Jan
54
2
25% Nov
2
2
23% Jan
6
46% Jan
5
2
2% Oct
6
%
Dec
6
28% Dec
1
18%
Dec
7% Jan
24
4%
Dec
51% Feb
;
41
Dec
11% May
60% July
17
Dec
38
27% Jan
7
21
Jan
27%
Oct
6
Jan
13
5%
Dec
7%
Apr
6
Jan
5
4%
Dec
7%
Jan
Dec
35%
Jan
Dec
47% July
Deo
91
26
Apr
28
May 26
par
19% Jun
5
4
Apr
28
No
par
5
Mar
9
Dec
1
32% Jan
14
23%
28 % Apr
1
40% Jan
14
35%
Apr 27
76% Jan
30
69
12% Dec
11
No par
3
10
Corp
100 '
series
100
series
I
:
_No par
100
.No par
5
100
25
100
-100
—
preferred
No par
1
100
100
Pittsburgh Forgings CO—.
_
_
Pitts Screw & Bolt-
—No par
No par
preferred class B
100
preferred class A-._-.z----100
5%% 1st ser conv pr pfd_—100
Pittsburgh & West Va
100
Pitts Young & Ash Ry 1% pfd—100
Pittsburgh Steel Co_
7% Jun
3
55% Apr
24
98
ft. May 20
103
Jun
16
Sep
Aug
7
Jun
18
22
2%
30% July
29% Jan .24
4
36
49
•-
108%
27
100
25
50
Sep
89%
Dec
100
preferred
Jan
Dec
100
Co
Jan
Dec
1%
20
5
1
Jan
1
9
15
11
20%
%
6%
Sep
32
Dec
6
4
104
Jan
30%
20
14
—100
Oct
2
Dec
1% Nov
60
Jan
18
Dec
29% Oct
1 % Apr
No par
_
106
May
14% Apr
14% Oct
_
preferred
Dec
Nov
11% Apr
No par
7%
Dec
Jan
Apr
1%
10
19% Apr
of America
Brewing
4%
105'/2 Dec
Jan
Pitts Coke & Iron Corp
•
8% May
12%
May
July
Jan
6
72
Dec
89%
Sep
107% Mar 23
105
Mar
110%
Deo
75
Jan
110
Nov
16
9
Jan
80
27
4% May
~9~
Aug
Oct
5
51% May
77
July
43% Nov
2
35%
Feb
46%
Dec
Nov
28
1%
Dec
3%
^uly
16
*38%
Feb
3
Nov
ft 65
19% Oct
3
May 25
26% Apr 24
4% Sep
38% Oct
29
6% Jan
15
6 Va May
12
65
May
30
Apr
27
l3/4 Feb
25
43
May
15% Jan
4% July
6
2
2
3
14
5
Jun
27
68
Jan
21
7% Apr
29
10% Nov
6
Feb
19
165
Feb
19
May 23
175
Feb
25
5% Jan
14
58
165"
165
*
3% Aug 10
4
Mav
2
,.
6% Jan
5
13
Dec
2%
52
23%
July
Jan
Dec
4%
64
7%
Jan
Dec
r; 27
46%
Jan
Dec
8%
Jan
Dec
84
Jan
Dec
15
Jan
163
Aug
166
174
Mar
181
6%
3%
4
Dec
ft Dec
7 Va
9%
Oct
Feb
Jan
Jan
47% Apr
28
62
Oct
21
45%
Feb
65
Jan
5%
20
Jun
27
33% Jan
3
24%
Dec
43%
Jan
Jun
26
Feb
14
51
Oct
75%
Jan
6% Jun
25
10% Jan
26
6
Dec
15
July 22
164
Mar
164
Pittston
Co
(The)—
Poor &
ft
330
110%
110%
410
115%
*113%
115%
200
25%
25%
25%
10,800
5%
5%
&
14
16
21
Jan
5% Jan
13
3%
Dec
8%
Feb
13%
Oct
No par
15% Jun
8
Jun
July
Jan
preferred—No par
7
Sep
4
4%
——1
5% Jun
2
8%
Jan
3
5%
Dec
13%
Jan
7
8% Jan
3
6%
Dec
13%
Jan
Co Inc
5
50
Gamble--———No par
100
pfd (ser of Feb 1 '29)
Pub Serv Corp of N
J——No par
preferred
—.—No par
preferred—
——100
t7% preferred——.—
100
preferred————;
100
Pub Ser El & Gas pfd $5——No par
6% July
21%
Dec
21
50
Dec
16
115
Jun
3
14% Jan
8
Mar 30
86% Jan
*99% Jan
10
42
Feb
17
115
Feb
16
9% Jun
t$5
62
73% Mar 31
;
No par
21
Oct
22% Jun
16%
Pullman Inc
July
18% Oct
B
14% Jan
9% Jan
2d preferred
conv
Mar
17
24
3% May 21
July
28
11% Jun
1
1%
A May
13% Dec
21
5% conv 1st preferred-—__
Procter
70
153
2% Sep
No par
Co class B
July 22
24
.
Pocahontas
58
153
Jan
No par
Plymouth Oil Co
Pond Creek
,
X23%
49%
85%
25%
Aug
1 % Mar
No
Pressed Steel Car
97
25%
163
1
Postal Teleg Inc
85%
25%
Apr
Co
8,100
24%
*120
n
*6
RR
3,500
.
97
110%
Apr
"
18%
6%
*111%
Jan
121
Jan
1%
•
300
6%
~/4
1,500
v
7%
6%
71
126
Preferred
6%
:
t
64%
6%
72%
Dec
$5 conv preferred—
400
-
6%
72
95
No par
_____
preferred
Phillips Petroleum
Phoenix Hosiery—
1,100
;
4%
3%
10%
2
Pittsburgh Coal of Pa
58%
14%
.
A
ser
Pillsbury Flour Mills
12%
*
pref
100
24
i'7%
*147%
*1%
4
3%
11%
Jan
Pitts Ft Way & Chic Ry Co
14 %
11
101
10
Phillips Jones Corp
~2Q
3%
49%
25
No
700
■
168%
14%
*24
Apr
Corp
V
500
3%
*119%
74
No par
tf.
9%
3%
4%
58%
1%
*«%
1,00
*140
4
*1%
•
60
*8%
Philco
ft
<
4%
14%
49%
Aug
10
Co__
Coke
Preferred 4%%
v
3% ftft;
3%
25
19%
No par
Philip Morris & Co Ltd
7,100
ft.
34
15%
120
Feb
_.2.50
1%
17%
*3%
33
14%
49%
11
1
$6 preferred—
,
3
15%
*23
9
:_1
■
63%
15%
*119*4
Oct
prior preferred
preferred
4%%
y ft
•
43
15%
7%
19
No
Phelphs-Dodge Corp
tPhiladelphia Co 6%
ft
79
15%
*6%
3
No
Petroleum Corp
400
•
*2%
63%
*167%
5
24
*147%
*1%
4
*4%
*57
24%
*63%
*147%
*3%
5
58%
24
~i%
*1%
7%
*71
43%
*140
*57
63%
*7
7%
*147%
;| v : •
7%
79
9
*169
63
13% Jan
Enterprises
preferred
Pfeiffer
1.60Q
•
5%
.
*140
63
Jan
par
21
100
Pet Milk Co
5,600
....
:
109
17%
■:
5%
*4%
,
105 ft
175
4%
70y8
11%
71%
162
4%
12%
70%
11%
70%
*169
4%
11%
5%
175
*104%
79
5%
660.
66%
71
*140
'.,4%
40
Pere Marquette Ry Co
16,800
37
66
105
*2%
3 %
*9
23
36
11%
<
-22%
.
105
42%
60
*58
9%
*9
Dec
100
■ft
500
36% p-
105
*62
is
5%
23%
•'
4,400
.
67
105
*7%
31 %
*31
11%
71
*65%
105
*71
3%
*3%
%i;:,
5%
*58
7%
65
*17%
;ft 3%
;
36
•':
*106
79
*2%
11%
71%
.
ft
105
42%
*62
18
'3%
30%
,/
42
11%
71
.
71'A
109%
...•
22%
23%
36%
65
*108%
65
18
V
23
37
*104%
3%
*62
5%
66%
105
42%
5%
5%
37
71
7%
42
5%
5%
66
10%
.v.'
A:
79
*71
5%
37%
109%
*108
23%
5%
5%
ft
67%
105
105
22%
4%
24
37
;
71
70%
22%
22%
*23
67%
V
26%
fPeoria & Eastern Ry Co
100
*22%
69
12
27
1
Cement
Pepsi-Cola
510
23%
36%
Nov
100
-200
20
23%
22 %
34
Peoples Drug Stores Inc
Peoples G L & C C (Chic)
10,000
39%
24%
;
•;
conv
&
Pennsylvania
——
26%
4%
*23%
36%
-ft' ■"
2
26%
20
20
22%'
*1%
2
26%
22,000
39%
40
20
*66
x26
21%
4%
39%
20%
*5
*1%
2
26%
21%
39%
40
*20%
40
1 %
26%
21%
20 r"
4%
*4%
;■
*1%
26%
26%
.
(J C)
Coal
5%
■
*45
26%
27
7
100
Penn G1 Sand Corp
'
*19
22%
21%
*32%
13%
*12%
14
—
22% Apr
No
Ford
3%
*31%
Jan
par
Inc
Transportation
3%
•*12%
Nov
11%
28%
Parker Rust Proof Co
400
Apr
15%
Inc
Patino Mines &
ft
Nov
Dec
10
Co
&
1,000
59%
Nov
Dec
preferred
Tllford
&
Sep
7%
25%
Apr
6%
1
Inc
1%
59%
4%
12%
Apr
May
1%
17%
preferred—
conv
Paramount Pictures
16%
59%
7%
10
8
Park Utah Consol Mines
*58%
Deo
12
1
Parke
ft
52%
8% Jan
100
24%
Oct
38% May
Jan
19
9% Apr
8
4,600
24
56 '/a
Oct
&
3,100
24%
Dec
Nov
No
1%
24%
45%
24% Nov
Panhandle Prod & Ref
500
26%
8
16
Jan
Jun
No
Car
Petrol
Paraffine
Jan
Jun
8
4 % Apr
6% Dec
Pan-Amer
17%
150
Jan
16
27
6% Oct
25% Oct
Sep
140
24% Dec
3%
*106%
8% Jan
27
Apr 28
6% Mar 27
16
2
4%
59
1%
3
23
3%
79%
Jan
1% Jan
3%
79
,
54
Jan
6%
5
Airways Corp
27%
*1%
25
11% Apr
10,700
.
118%
*15%'
16%
1%
Motor
'/a
1
Mar 28
43% Apr
104 %
July
100
100
27%
1%
2 7'A
48
•
16%
*15
1 %
27
26
Dec
Feb
9% Dec
7
Jun
42
5
1,700
101
Nov
par
1,400
16%
*114
25
80
1%
17
143% Sep 30
27% Dec 11
Transp5
Panhandle East'n Pipe Line Co_100
470
36%
*98%
118%
14%
15%
f
16%
Pan American
105%
36
36%
Packard
400
54
2%
/.
10
No
15,700
,
9
29
10
23% July
Dec
28
Pacific Tin Consol'd Corp
Pacific Western Oil Corp
1,100
,
.
Jan
4Vb Jun
28
Mar 20
xl6% Apr
■-
79
Feb
Feb
2
Jan
10
Telep & Teleg
preferred
6%
2
Feb
15% Apr
par
(Cal)
Corp——
21,800
:.
.
7%
1%
101
16%
16%
70
3,200
2%
24
;
105
1%
35%
101
*7
105
24%
60
*58
1%
111
26%
1
105
38
*98%
16%
16%
117%
1%
36%
36%
35 %
101
105
.
8%
2%
23%
16%
*16%
8%
8%
2%
*1%
1%
8%
8%
ft
3%
23%
1%
26%
8%
3
3%
2%
1%
*14%
8%
3%
23%
*104%
35%
8%
2%
146
23
104%
*98'A
;
3%
Jan
13%
25
No
Corp
Electric
&
Pacific
146
104%
2d
'
17%
8%
•
7
*6%
'
22%
2%
23 %
130
■
.
.
17%
3%
8%
2%
22%
14
92
;
*145
3%
3%
13%
17%
*17%
17%
*17%
13
13%
par
13a/4
12
132
5
Co
Owens-Illinois
50
&
6%
3
6*/a Jan
2% Apr 28
11% Mar 12
No par
preferred
27%
11
27% Dec
2
59
100
No par
27%
11% Dec
2
17
_6
27%
29
Jan
2% Jan
par
No par
(The)
Otis Elevator
3,000
v
Equip.
8% preferred A
Oppenheim Collins
.
3 %
16%
2.50
Co
Oliver Farm
8,000
146
*142
145
8%
8%
6
21%
16'A
16%
27%
50
*142
•
Ohio Oil
3,300
69 %
*3%
Norwich Pharmacal Co.;
23,200
'
;
3%
*68
ft
3%
16%
16%
141
*27'%
3%
69 %
*3%
:
600
11%
27
*26%
3%
*68
3%
8%
11%
26%
'ft '"ft 3%
69%
8%
8%
11
26%
3%
<"
•
29% Jan
3
52% Oct
122
40 3/,
61%
120
29%
Jan
Sep
July
11%
Dec
Jan
14
75%
Dec
110
Jan
14
92
Dec
123%
Jan
79% Mar 30
111
Jan
9
106%
Deo
137
Jan
Mar 30
123
Jan
6
117
Dec
158%
Feb
111% Mar 19
116
Oct
8
114
Dec
117%
Oct
99
20% July
2
28% Nov 20
19%
Dec
29% July
RECORD
NEW YORK STOCK
I per
share
9%
9%
9%
*103
92
92
*103%
106
*105
91%"
92%
90%
X90%
91%
91%
""
10%
13'A
' 13'A
13%
13%
13%
13%
13'A.
13%
*13%
*9 %
10 %
"9%
10%
*9'%
10%
*9%
10%
*9%
10%
4 '/a
4'A
4%
4%
4%
4%
4%
4%
57%
57%
57%
57%
57%
57%
13% /'•
*13%
13%
Pure Oil (The)
6% preferred
500
5%
1,300
1
1,300
:
Purity Bakeries—
300
,
Quaker State Oil Ref Corp
■;
57%
573A
3%
'/a
*3
54
*20 '/a
54
19%
20
90
3%
3%
3s/a
2,800
20%
20%
203A
8%
8%
8 %
83/s
8%
"'1,100
■
.800
1
'
*8%
8%
8%
8%
25%
26
26
26
26
26
26%
26V2
25%
25%
26
25%
14%
14%
14%
14%
14
14%
133A
13%
133/4
14%
14%
14%
*25%
27%
2,100
26
26
28
*26%
r
22%
22%
3
*2%
3
*2%
3
*62%
70
*62%
70
*62%
70
*17
20
*17%
20
*17%
3
2%
6
6
6
15
*14
15
*13%
15
10%'
10%
11%
Xll
71%
*70
71V2
*69%
71%
44%
*44%
46%
*44%
46%
5%
5%
5%
5%
1
Reliance Mfg Co
I
'
44%
443A
47/a
1,400
13%
15,300
45
100
;
5%
*4%
4%
13 3A
13%
13%
94%
943A
*95
96%
*68%
71%
*68
71
2J/a Mar
88
97%
t
72%
*70
5%
5%
*5%.
*86%
*61
63
5%
*86%
*861%
88
63
%;
*60%
63
*603A
6%
61/2
6%
79%
,.79
5%
5%
5%
5%
22
22%
22%
22%
22%
23%
23
23%
x22%
23%
34
34
34
34
34
*33
36
*32%
34
*32%
*6%
7%
6%
6%
6%
6%
6%
*9
6
*9%
9%
500
5%
*5%
6
200
8%
8%
8%
8%
8%
6'A
6%
6%
*5%
*19%
19%
19%
19%
19%
20
20%
203/8
X20 %
20%
53A
11%
"
11
*10%
11%
*10%
46
46
*43%
46
*43%
28%
28%
27%
28%
%
%
%
%
%
%
r«
*%
5%
*3%
8%
*6%
38%
383/s
38%
1073/4
107%
*43%
27%
28
"...
2,700
2,400
20%
1,400
11 %
11%
46
46
6%
*20
11%
46
11
11%
11%
*43%
1
9%
*9
9%
*5%
9
36
63A
*5%
6%
18,200
20
6%
6 3/4
6%
500
23%
*33
120
-
'
*43%
10
46
Dec
Dec
95%
Aug
Deo
12%
Oct
8%
Apr
12% July
Mar
83% Feb
9
*%
Dec
4%
Jan
6
58
Nov
13
47%
Dec
62%
Jan
88
Apr
25
85
Dec
88
Deo
26
2
Dec
33A
Jan
38 % Mar
55%
Oct
Apr
23
4
54 % Dec
8
-15% Jan
2
21 'A Nov
23
14%
Dec
21% July
•7% Jun
8
11% Jan
16
8»A
Dec
23% July
18% July
29% Aug
1
263A Feb
3
23
Dec
11% Apr 16
233A May 28
15% Nov
2
10 %
Dec
18% July
28% Nov
6
22%
Dec
27% Aug
20
23% Sep
19
19%
Dec
24
3% Nov
30
May 28
1% Jan
13
Apr 30
13% Sep
6%
Dec
9%
Apr
12%
7%
Apr
10% Nov
9
70% Nov
7
53%
Dec
67%
Jan
6
49
34
Dec
61
Apr
4% Jun
:
—
5
Jan
2
14%
Dec
2% Deo
100% Mar
5
96
Aug
863A Jan
23
77
Dec
97
Jan
7% Oct
21
Dec
11
Jan
129
Sep
Sep
4%
101%
Feb
3
97
Apr
Jan
20
60
Apr
803A
8% Jan
5
6%
Deo
15% July
75 %
Dec
1293/a Mar
74
95
July
85% Jan
19
9
5% Oct
23
Dec
lO3/,
23
27 % Jan
27
22%
Dec
34%
Dec
53 %
Jan
Feb
12%
Aug
6
Apr
9%
2 3/4
Deo
4
9
54
Jan
27
49%
28
6% Apr 30
9
Jan
15
7%
9% Nov
7
33A Jan
6
63/4 Nov
23
19
20% Dec
9
May 20
133/a Nov
9
34% May 13
47% NOV
20
42
May 26
34% Jan
27
27
313A NOV
6% Apr
Feb
7
Dec
22'A Jan
8
Apr
16
33A
3
3% Mar
'
Jan
22
78% July 30
54
May 22
20
14
19
6% May 20
75% Apr 29
X
Nov
53/a Dec
11
70 % July
-
9% July
2
X94% Jun
—No par
100
100
Reynolds Metals Co
No par
v
5%% conv preferred
100
Reynolds Spring
1
Reynolds (R J) Tob class B
10
Common
—10
Richfield Oil Corp__
No par
; Ritter Dental Mfg
—No par
Roan Antelope Copper Mines—
Ruberoid Co (The)
No par
Rustless Iron & Steel Corp
1
$2.50 conv preferred——No par
Nov
2
2% Jun 22
.
Sep
Nov
16
11
Mar
Republic Steel Corp_.—No par
6% conv preferred—
100
6% conv prior pfd ser A
100
Apr
18
7'/a May
25
7
Dec
7% Feb
13
103A Mar 11
x55
8
27
Jan
2%
63
11% Dec
7
Dec
6
Dec
22% Mar
Oct
68
Jan
11
1
20% Nov
15
39
38% Jan
7% preferred^
5% % preferred—
4% Nov
6
34% Jun
Revere Copper & Brass
-
4,300
5%
23
v
20
.
79
*5%
5%
53/e
5%
*5%
r
6%
79
80
*79
79
5%
*5%
3,200
20
-
63
63/8
%
6
87
*60 3/4
63
6%
10
12
107%
94
*
3% Oct
100
_1
Reo Motors v t C-.
100
53/8
5%
86%
86%
6%<i
,
53/8
5%
5%
79'A1
6%
80
*79%
80
71
88
*60%
6%
*6%
*6%
*79%
61:1
61
*86
97%
*68%
5%
5%;
87 %
*86%
88
13%
*94%
74
%
13%
98%
*96%
72%
5%
73 %
*96
97%;
13%
13% |
14
13%
14
13%
*72%
Apr
2
■i
*96
9
25
*
46% Mar
1
,
Rensselaer & Sara RR Co__
140
•
Remington-Rand
Preferred with warrants
69%
26
No par
__10
Reliable Stores Corp
7,600
,
103/4 Oct
-100
—100
1st pfd
'
44%
*4%
& Co
—
.
71%
*69
(Robt)
700
'
11%
11%
11%
11%
'
69%
5%
5%
6
15
71%
44
5%
6
*14
Reis
46
*69
44%
*70
30
8%
5
„
Preferred
—
17
6
11%
11
10%
10%
70
15
*133A
R
/
Radio Corp of Amer___——No par
Real Silk Hosiery
600
•
;
17
18%
6
6%
*6
6
*14
; 23/4
700
*63
70
*16%
17%
17%
20
6%
15%
*6
.
100
'
28
23/4
3
*63
*13%
"
*22% ; 23
*23/4
70
*61%
-
*25%
22% -
%
22
22%
2%
22%
*22V2
22%
23
*22%
28
*25%
28
*25%
1
1,000
2,400
*
9
8% Mar 11
$3.50 conv 1st preferred—No par
1
$5 preferred B—i
—No par
: Radio-Keith-Orpheum
1
*
6% conv preferred
—100
1 Raybestos Manhattan—___No par
1 Rayonier Inc
1,
j
$3 preferred—————
25
Reading Company/.
;
50
4% 1st preferred
;
50
'
-4% 2d preferred
—
50
.
/
54%
*54
543A
14% Nov
10
•
___
7
9% Mar 11
'1,100
20 3A
8%
8%
8%
*83
7
92% Dec
17
per share
Feb
7
10% Nov
104% Dec
Apr
Highes.
share
28
7
80% Jun
22,000
,
20%
19%
20 i/a
*19%
90
*54
54%
*54
54%
54
54
20%
54
574/2
3%
3%
3%
3%
3%
3%
*3%
■
43/a
x57%
43/a
■
*83
90
*83
90
*83
90
*83
90
*83
.
4%
58
4%
58
X per
share
Q
„
10
10
X per
90% May 13
.No par
100
100
,„No par
preferred
conv
Year 1941
Lowest
Highest
X per share
Par
11,800
91%
91%
90%
90%
Lowest
Shares
105
*103
104
104
105
EXCHANGE
share
per
10%
10%
10%
10'A
10
10%
10
10
104%
104%
105
I per share
S
Range for Previous
On
NEW YORK STOCK
the Week
Dcc.lt
Dec. 10
share
X per
t per share
share
Sales for
Friday
Thursday
Dec. 9
Dec. 8
Dec. 7
Dec. 5
I per
LOW AND HIGH SALE PRICES
Wednesday
Tuesday
Monday
Range Since January 1
Basis of 100-Share Lota
STOCKS
*A
Saturday
2105
CHRONICLE
THE COMMERCIAL & FINANCIAL
Number 4133
Volume 156
Jan
Jan
Jan
53A
Jan
21
Nov
Dec
14%
Aug
Nov
483A
Jan
143/4 May
8%
s
*
%
A
:
%
,
*3%
*6%
.
%
%
%
*%
5%
*3'A
>
5%
*3%
*6%
'
108
*106%
560
93/4
5,400
9%
10
10
10%
10
10
x9%
9%
9%
9%
*19%
20%
19%
20
19%
19%
Xl8%
18%
19%
19%
19%
20
17,400
92%
92%
92%
93%
93%
93%
94
93%
93%
94
94
900
92%
9%
r
*37%
115
38
37%
115
*114%
*112%
115
*113
115
113
113
113
1
16%
9%
9%
9%
56%
%
aa
%
%
*%
%
%
%
16%
16%
16 %
16%
16%
*16'A
1%
1%
*1%
60%
61%
60%
1%
1%
60%
2
61%
60%
1,700
38%
310
113%
,113
%
•% '.
4,400
*3/4
%
400
*16%
16%
.
9%
9'A
9%
9%
9%
9%
*9%
9%
9%
9 '/a
X8%
8%
8%
Seagrave
3,600
Servel
83/4
900
190
X543A
54 %
x8%
8%
63%
63%
*62%
64%
*62%
6%
6%
6%
6%
6%
*32%
32%
*32%
32%
*32%
32%
16 %
16%
16%
16%
16%
16%
163/4
16%
17%
5,300
2%
2%
2%
2%
2%
2%
2%
*2%
2%
*2%
2%
1,200
Silver King
15%
15%
15%
15'%
15%
1,400
Simmons Co——
Petroleum
6%
6%
*32%
32%
16%
*2%
*1%
*22%
28
76%
,
1%
*1%
1%
24%
*22%
24%
27%
27%
28
28
28
28
28
76%
77
78
78
*76
80
76%
*75
112%
*110%
18%
*173/4
13%
13%
13%
15
15 Vis
15%
2%
2 %
*124%
.
112%
17%
17%
17%
17%
13%
13%
14
14
15%
15%
15%
9%
2%
2%
10
Xl9%
2'A
2%
20%
20%
127%
127%
*124
1 3/8
400
.
1,000
3A
30
79
17%
17%
600"
13%
1,100
15%
15'A
800
9%
9%
46,900
2%
4,000
2%
15
300
20%
21
6,300
127%
*124
10
19%
19%
18%
19
19
19%
19%
19%
19%
193/4
19%
19%
3,700
*11%
11%
10%
11%
11
11
103/4
11
10%
11
11
11
4,300
15%
15%
14%
15
14%
15%
14%
15%
14%
15%
14%
14%
141%
33%
33%
2%
2%
*2%
2%
2%
*2'/8
14%
33
2%
2%
2%
,
'
45
*40
45 (•■',;
14
*2%
t:
14%
31
14%
32%
14%
32 3/4
*38
2%
*2%
2%
*2'/8
14
323%
.
45
*38
45
..
14%
33
15
15
33%
v;.
•i
32%
*38%
2 3/s
2%
2%
2%
*2%
2%
13%
313A
5,800
3,800
14
313A
*38%
45
24,000
2%
*2'/8
.
.
45
1,300
2 3/8
21/4
—
50
*36
*36
50
*36
50
*36
50
21%
21%
21
21
21
21
21%
21%
*21%
21%
21%
21% 'i
241/4
24'%
23'/a
24
X23
23%
22%
23%
22%
2234
22
22%
34
343/i
*33
34%
*53
54%
53
53%
50
*36
*34
54
'■
33%
—,
%
%
.
34
108'A
*46%
108%
47%
47%
*112
*112
4
%
•
■:
.
35
35
33
48% v
*461%
3%
*95
_4
3%
*96%
96%
9
J/4
:ia
*46%
600
108'A
10
48%
100
4
3%
4
96%
97
*96%
103
3%
39a
1,200
—
3%
4
96%
o9a
3J
*106%
*112
600
130
33%
108%
*106%
700
8,200
.
35
33
*112
——
"••V
3
35%
v.
;
5,400
3
3
/;•/.. 3
*31%
*106%
108%
48
35%
34
X34
:
■
95
95
3%
35%
35%
34
—
3%
96%
35
■
*112
■
4
4
54
3
48,
*46%
'
*94%
34%
54
3%
108%
*106%
48
*46%
34%
54%
3%
33
33
108 'A
*106%
34%
54'%
35%
*35
33%
34%
3 %
3%
35%
35%
34%
54
3%
3%
54
*34%
34%
*52
50'
*36
%
.3*2
V
33
3,500
l3/a
13/8
1%
1%
1%
1%
l3/8
1%
1%
8 %
8%
8V4
8%
8%
8%
8%
8'A
8%
8%
800
$6 cum
9%
9%
9%
9%
9%
9%
9%
9%
93/4
93/4
2,500
$7 cum
26%
26%
26%
26%
26%
27
26%
27%
17,500
Standard Oil of Calif
263/4
26%
26%
12,000
Standard Oil of Indiana
36,400
Standard Oil of New Jersey
26%
26'%
■
26%
26%
26
26%
26%
26%
26
263/8
26%
26%
43%
.
26%
44
43%
43%
43 %
43%
43%
44
43%
44
433/4
44
353/4
*37
373%
*22%
24
*56%
7%
*33/4
53a
5%
57%
71%
4
5%
5%
50%
50
127
*125
3%
*13%
3%
13%
36%
37
36%
23
23
36%
23
56%
7%
*3 3/4
5%
5%
*50
56%
563/4
36
36%
241/4
23%
23%
233/4
233/4
400
57%
58
57%
577/a
7,618
Sterling
571/4
7
7
1,700
Stewart-Warner
3%
3%
1,100
5%
5
5%
5
5%
51/8
51/4
5%
5%
4,800
Stokely Bros & Co Inc—
1
Stone & Webster
—No par
1261/4
*126%
3%
3%
3%
13%
13%
13%
5%
5%
4,300
50 %
503/4
1,400
126%
126%
60
.
*126%
3%
3%
*3%
3%
1,800
Sunshine Mining
13%
13%
13%
1,600
Superheater Co (The)
Superior Oil Corp
Superior Steel Corp
Sutherland Paper Co
Sweets Co of Amer (The)
13%
14
13%
*1%
IV4
1%
1%
1%
1'%
iy8
900
11%
*10%
11%
10%
10%
11
11%
12%
137/8
3,100
*25
25%
24%
243/4
25
25
25%
25%
*24%
253/4
800
*4%
5
21%
22
5
*4%
22
5
22%
For footnotes see page 2107.
*4 5/8
22
cum)
3%
*10%
22%
pfd (41/2%
127%
1%
21%
No par
3%
11%
1
Class A
xl%
11/8-
5
*4%
5
*4%
5
22
21%
22
21%
22
3,800
Swift & Co
1
(The)
127%
25%
1%
Studebaker Cpyp
Sun Oil Co
*126%
127
3%
5%
50%
25%
*4%
5
Corp
7%
5%
Co
60
11
3%
Apr
Nov
17
51%
Feb
73/8 Nov
28
8% Dec
66
6
100
100
—No par
—
Dec
4
5%
69
Nov
Dec
6%
Sep
Aug 27
323/4
Dec
40
Jan
171/8 Dec
1),
10%
Jan
16 3/4
Dec
14
35
24
30
4% Jan
6
16 3/4 Dec
2
Dec
213/4
Jan
l3/8 Dec
10
1
Nov
2%
Jan
Nov
9
22
Oct
303/4
Nov
18%
Feb
95
23
27
2
Dec
113/«
30% Oct 23
5
Jan
35%
Oct
Apr 29
100
Jan
2
Feb
112
Jan
July 10
112
Jan
28
111%
Dec
114
Jan
20 3/4 Jan
6
14%
Feb
25% July
15% Nov
5
17
Feb
4
10
Dec
8
2% Jun
16
17% Jun
27
26 % Jan
26
122% Nov 20
1443/4 Jan
27
29
21 % Nov
10
9% Apr 20
10
Jun
2
12% Jan
5
18% Nov
4
12% May 20
18% Feb
5
Oct
13
343/4 Jan
2
5
39
1% Apr 24
1% Nov 20
53% Oct
17% Apr
293/4 Sep
17
16
2% Sep
27% Jun
24
108% Jun
1
40% Apr
9
109% Aug 10
6
Apr
28
Mar 14
1
100
—10
12%
-25
3% Mar
4
43
Sep
143/4 Aug
19 '/a Jul,
Feb
Feb
23% Mar
36%
37%
2
No*
OW
Jan
6% July
69
July
22
July
Dec
393/4 July
37
Mar 24
27%
Apr
38% July
60
Jan
Aug
60
Deo
3
6
54%
4Va Jan
Dec
6%
Jan
45% Jan
14
34%
Dec
57%
Jan
31%
Feb
383/s Jan
6
Feb
11
49% Jan
6
Jan
Jan
6
3
40% Aug
1173/4 Aug
8
114
113
Jan
8
% Oct
Dec
111
47%
Dec
48%
3%
Dec
~6% Jan
Jun
113% July
108
27
14
11% Jan 14
13% Jan 14
28'A Oct 23
% Nor
6
1%
Deo
Jan
Dec
4% Mar
8 3/4
Dec
21J/4 Mar
10%
Dec
%
2% Oct
223A Mar
Nov
17% Mar
25%
25% Mar
34% July
Dec
12
33
Feb
46%
23
343/4 Jan 16
33
Dec
48% Aug
29
Dec
40
Jan
23
61
Dec
66
Jun
45
61
Nov
Nov
Oct
6
27
6 3/4 Nov
13
3% May 28
13%
Jan
Dec
8Va Nov
116% Apr
Dec
8
Mar
4% Jan
Apr 28
Jan
x10
60
9
2
Dec
Mar
273%
July 30
Nov
6
2
33/4 Jan
150
Aug
Dec
19%
16
Apr
Aug
16%
Dec
40
5% Jan
120
2
25% Apr 28
8
23%
6
27% Jan
Apr
Jun
May
28
30% Apr 24
20
13
x
17%
3
5% May 14
19 3/8
27%
5
18
2% July
Feb
1 6
110
3/4 Apr 25
Dec
13
1
313/8 Jan
2
Sep
103/4 July
Aug 24
3% Feb
23A Apr 29
89% May
Nov
Dec
11%
50% Mar 24
3
Sep
18%
7%
/
3
153/4 Jan
233/4 Jun
15
Feb
1%
6
17
14"% Apr
Jan
13%
9
Apr
Apr 24
3%
50%
713% Jsm
Dec
7
5%
Dec
42
3%
50
48%
23
7
5'/4
6
8
——10
3%
50
Jan
Apr
L S_——No par
7
51/4
143/4 July
(The)
3%
503/4
Dec
Drug; Inc
Starrett Co
71/8
*10%
*1%
25
25
3%
5%
7%
Mar 16
7
*50%
6
49
33/4
53/b
Jan
14
10% Nov
24
7%
50%
Jan
10%
59
4
1261/4
13%
36%
57
56%
78%
Dec
6
No par
25
Standard Oil of Ohio
353/4
*23%
36%
*223/4
2,000
Dec
4%
33/8 Mar 24
28
21'% Apr 28
30
Sep 28
No par
prior preferred—_No par
prior preferred—_No par
1%
1%
Apr
49%
4
No par
8%
3% July
1%
30
93/4 Nov
$4 preferred—
'9%
1 %
July
62% Nov
1% Mar
——No par
No par
8%
Jan
3/4 July
17
2
14
-100
No par
-—No par
9%
Dec
6
6% Mar 11
—*_1
Standard Gas; & El Co_
%
Jan
% Dec
11 %
9
Apr 15
13% May 18
preferred—No par
$4.50 preferred
20
Sep
July
15% July 28
2
Standard Brands
%
10
26
Nov
No par
preferred A—
300
2,700
Feb
No par
1
No par
Spicer Mfg Co
25,900
-.
112
lVa Sep
16
19% Apr
Sparks Withington—
—No par
Spear & Co
1
$5.50 preferred
———No par
preferred
115% Mar
Dec
65
Sugar———No par
8% preferred
100
Southern California Edison——25
Southern Natural Gas Co;
—7.50
Southern Pacific Co———No par
Southern Ry
——No par
5% preferred
——
—100
Mobile & Ohio stk tr ctfs
100
conv
Jun
107
108
So Porto Rico
5%
109%
11
39%
% Apr 14
2Q3/8 Aug 26
——15
Squibb (E R) & Sons
$5 pref series A
10
Dec
2% Jun
Iron——10p
——-No par
Smith (A O) Corp——
10
Smith & Cor Type v t c
No par
Snider Packing Corp
.——No par
—15
Socony Vacuum Oil Co Inc
South Am Gold & Platinum—
1
S'eastern Greyhound Lines
5
Conv $4.50
Jan
17
23
11% May
preferred
Square D Co—
31
94%
.10% Apr
Sloss Sheffield Steel &
$3 conv
1).
Jun
43% May
4% Mar
Simonds Saw & Steel—-—--No par
Spiegel Inc
Sep
Sep
23
11
30% May 21
—5
Sperry Corp (The)
Sep
17%
8% Apr
113% Dec
29
Spencer Kellogg & Sons
23
Oct
116
9
29
Skelly Oil Co
Jun
Jun
123/a
79
98
4% Apr
Simms
Sep
113
106%
38% Dec
54% Apr
Coalition Mines
Apr
47
Dec
15
No par
Shattuck (Frank G).—
No par
Sheaffer (W A) Pen Co——No par
Shell Union Oil
15
$6
112%
*109
21% Oct
—No par
Sharpe & Dohme__.
$3.50 conv pref ser A
'
21
28
300
*14%
15
15
20%
*122%
127%
,/
;
Xl3%
9%
9%
/
2%
15%
*15
20
20
127%
*110%
10
32%
28%
13%
*15
1%
*76
112%
*109
*32%
20%
22
21
18
112%
15%
*15
20
*19%
*124%
1253/8
125%
2%
15%
20
20
9%
2%
15%
1%
1%
1% :
24%
*22
16
*15
9%
9%
9%
15%
2%
*1%
900
6
17
17
1%
18
18%
9%
32%
15 %
*110%
112%
,:i3%.
*15
*32 %
15%
,
24%
*27%
15%
6
*22JA
1%
*18%
6%
15%
16%
*110%
6 'A
273/4
15%
*75.1/
15%
15%
200
28
May 15
52% July
,—10
*6'A
22,000
8
Apr
3
8
No par
62%
8 3A
64%
19% Jan
x
4% Jan
No par
8%
8%
9
106% Jan
Steel Corp—_——No par
55%
*62%
3
% Jun
8%
64%.
3
Jan
July
22
110
IOV2 Apr
1% Sep
Apr
May
4
Sep
Jan
23
2
Feb
%
6
35
10
44
Jun
& Mar 21
55'%
63
Jan
100
8%
*62%
1% July
par
8%
62%
23
78
par
55 %
56
7% Sep
25% Apr 16
109 % Aug 17
—1
$5 conv preferred
7
12 3/4 Apr
par
8%
7%
*112
Sharon
Jan
x93/a Dec
par
%
A Dec
5
No par
Inc
22
29% Apr 30
5
Corp
Roebuck & Co
Sears
9
1 % Sep
104
No par
Seaboard Oil Co of Del
Tiff Nov
3
2
56%
7%
:
*38 V4
.
Co
No
preferred
—No
$4 preferred
—No
tSeaboard Air Line—No
4-2 %
preferred
6,900
-
55%
54
preferred—
5 % %
Scott Paper
393/4 July
Dec
2
% Jan
5
5
100
Schenley Distillers Corp—
300
60%
9%
9
preferred
5%
Savage Arms Corp
Dec
A
s'a Jan
No par;
100
—
700
2
2
60%
Safeway Stores
$4.50
115
1
9%
*56
56%
*13
9
%
%
9%
*9
7%
113
113
113
113
%
61
9%
9%
38%
*114%
3/4
2
60%
60%
59%
40
115
16%
*1%
2
*38 'A
*114'%
%
:
:
*16%
16%
*1%
%
•
*114%
%
%
%
%
*%
38
115
38
37%
37%
*114%
37%
*114%
preferred
5%
1,400
107%
107
preferred
6%
23
10
100
100
100
-100
Francisco—
Louis-San
tSt Louis Southwestern—
38'A
38
108
800
8 3A
*6%
37%
1071%
108
108
108
108
37%
8%
37%
9
*6%
37%
38%
38%
JSt
tt
5%
fit
1,300
%:
*%.
Joseph Lead
4,000
28%
283/4
28%
%
*3%
5%
28%
28%
A
A:
9
*6%
9
*
J3,
*3%
5%
27%
20
6% Nov
7
553/4 Jan
9
4%
Dec
8 3/4 Jan
3% May
6%
4%
Dec
83/4 July
3%
Dec
8%
60
Apr
66%
Nov
Jan
Dec
126% Aug 17
117%
Jun
126
July
14
3%
Dec
9
Jan
21
Jan
5% Jan
11% May 13
15% Jan
9
12%
Dec
1% Jan
1%
Dec
23^ July
28
14
9% May 20
13% Dec
11
9%
Dec
18% July
25% Dec
3
16 %
Nov
23%
13
3% May 27
43/4 Aug
1
Jan
26
1
Apr
17 3/8 Feb
20
Sep
16
25
3
Dec
19% May
Jan
5% Aug
25
Aug
THE
HIGH SALE
LOW AND
9
4 la
■
*5%,
,
*34%
.
5%
*5%
36
27!a"
8%
8%
8%
8 Ha
39%;
39%,
39%
39 Ha
*2%
3
7
'A
20%
3 Ha
Hi.
8
-
3
„
8 Ha
30 Hi
3
2 Ha
2%
8
.
per
2%
19% Mar 11
29% Nov
Dec
5
Corp_———I
4.
3
11
Apr
20
.7,100
Texas Co
2,600
Texas Gulf
Produc'g Cd.%
2
3,200
Texas Gulf
Sulphur2—.—
28
2,300
Texas. Pacific Coal & Oil
5
3,900
Texas Pacific Land Trust
4% Apr
7% Jan
-
5
11
30
(The)
3% May
Sepa
July
8%
Nov
Dec
38 Vi
Aug
28
1 Va
Dec
.'3%
Jan
16
6
Dec
9 Hi
Sep
Feb
46 Hi
Dec
Oct
40
27
34%
21
2
3% Nov 10
15
Apr
24 %:
" r7~%
.
20
4
Apr 28.
Apr
Dec
Nov
7
7'/a May 14
Corp
'
Dec
"Oct
5% Nov 24
35
28
1 '/8 Mar
Telautograph Corp
-
"3%
•
9% Jan
Apr
32
Tennessee
;//-
16%
U
5% Jan
1
Highest
t per share
t per share
23
22
3% Aug
partic preferred
Year 1041
Lowest
15% Aug 17
par
3,200
3
Range for Prerloua
1
Lots
t per share
share
8%
39
100-Share
Highest
500
39'%
36%
3 5 Hi
36%
35%
36%
7 Ha
7%
'*%
7%
7%
7%
7H'«
7 Hi
7 Ha
7Ha
35%
35%
35%
36
7 Ha
7 Ha
7'%
7%.
7%
7%
7Hi
7%
'
a
5 '/2 ','ff
•
of
28
Dec
4'/« May
*
7 •%.
36
7%
;
3
t
Tftlcott Inc.(James*
50
Basis
Lowest
\ ;
3 Hi
8%
39%
"t
Par
Symington-Gould
t
300
34%
*3!%
8%<
39%
3
-
34%
On
'
% Swift International Ltd—
Sylvania Elec Prod's Inc.!.—No
4,400
x5'A A-5:%
5%
Range Since January
STOCK
■/'.-/
'
4,900
4
4%
STOCKS
•
NEW YORK
,
'•'' EXCHANGE
2,400
•
22
4
r
Shares
.27%
.
20%
3 Hi '<
8%
39 Ha
.
27%
36
*3%
8 %
39%
:
for
the Week
share
per
4%.
*34%
3 Ha
9
21
;■
*5%
36
; *3%
27%
4
5%
34 %
8%
38%
4%
7%
36%
36
3
2%
27Ha
21
*5%
*
36
3 Ha
37/a
Dec. il
share
per
27%
.4
5%
*34%
*3%
<
share
Sales
Friday
v.
Dec. 10
20%
4'A
a%
3%
V,1,:
Thursday
27%
21%
.
4'%
30
*34%
3%
S per
share
4'A
PRICES
Dec. 9
.
per
x21
20%
4'A
-
27»V.
27%
20
19 T »
4 %'
9
per that*
*27%
27%
19:%
■
*
per share
27'!.:,
Dec. 8
Dec. 7
Dec. 5
Wednesday
Tuesday
Monday
Sstnrdsy
•
Monday; December 14; 1942
,
371/2 Oct
J May 26
30%
28
38%
Dec
Sep
5V» Mar
'4 "7
7% juiy
3Hi
7/
NOV
8
8% Dec
6Hi Aug
Feb
*
19 V4
19'A
*6%
6 Ha
*6%
35
*35
3
3
*2
51
51
18%
18%
18%.
6 Ha
*34%
Hi
*50
18%
6%
6 !'a
36
36
3! A
18 Hi
18
18%
18 Hi
900
Texas & Pacific
800
Thatcher'
200
S3.60
Ry Co
2
24% Oct
Dec
14
Dec
10% Jan
Jun
5%
23
44'/a
Tuly
'
6
36
3
*17%
18:%
■
3
5 Hi
5%
3 4 Hi
34%
6
/
*34%
36%
*
3%
*2 Hi
%
2
5 Hi
5 Hi
'
r
.
36%
*34 Hi
*2 Hi
y
250
3
*49 Hi
yy
53
3
200
Mfg Co
preferred—-
Fair
The
Sep
42
2% May 20
20
'
11
:
.
-5
-
32
Sep
Sep
MarlO
.3
7
Jan
Jun
9 %
34%' Nov ;30
conv
51
2
Dec
4Hi
17
38
May
60'A
'
3%
3H'o.
*32%
33'A
2%
2 Ha
*8%
9 Ha
*26 'A
.
*2 Hi
3
*9
55
3
Hi
3,Ha
Hi
2
''
■
2
2Hi
9 H-i
Vi
Hi
3 Hi
34%
3
32 Ha
*9
26
2%
Hi
2%
*9
26%
26'%
*3Ha
.
3 Hi
,,
•*32%
500
:
34%
3
'i-9Ha
,
$3 div conv
-
Third Avenue Transit Corp,_No par
Thompson (J
_25
900
Thompson Prods
par
l'/a
Thompson-Starrett Co_w-—„No
par
,
25%
1%
■
*1
*14
9
1
1 %
%
i)
9%
96
1
:.
:
9%
95
94
1
*13 Hi
14%
*13%
15
95
1
14 Hi
1
1
1
•
14'A
14%"
*i3»%
./
9
3 Va
.
94%
9
9! 4
9
-
96
X94
2 7 Hi
27-%
38
5%''
•
.5%
,
2 7 Hi
27 Hi
27Hi
37%,
2 7 H4
38
37%
38
5%
5%
5%-
15'A
15%
*14%,
15H4
9! i
94'A
94
11 HA
*11%
11 %
*11'/a
1%
1%
*68%
69%,
lHi
68%
68'A
1
37
-
;
9
9
:
94
9 4'A
69%
15
11 Va
13A
•1 Hi
*68
-
5
:""
15
1%:.
'
27'A
27
37%
Hi
5'%
15 vi
6Va
11
14%,
14%
*6
11%
14%
Va
6
.
6
11
,v.
6
*11
14%
15'A
15
25 Vi
5%
14%
/.
15
72
.
7
'
73
.
-'■//
6Vi
15
25!%"
6«/a
ll'/a
xi3%
•:
14%
■
6!
*6
*11
-
25'i
-
5
34% Feb
27
2% July 14
3% Sep
3%
30
Sep
5% July
Dec
40
Jan
Aug
14 ■"
3
1
3%
Jun
6
Jan
2
27 % Jan
47
24 Hi
Nov
34
Jun
27
1% Nov
20
%
Dec
2
15% Nov
23
8 % Jan
par,,
\
1,100
;
68
14
/ 13%
25
/
:. :
je25 :
•
Dec
9
>
75'%
.
7 -;
5'%
5,'%
1
76
.
ii '%'
-
5 Hi
5%
70 Hi .;
%
7
1% Jan
18
Jan
11%
Dec
Dec
6 %
6 Hi
6 Hi
41%.
41%
6%
Corp____J
No
Dec
1
Feb
35Hi
Sep
37 Hi
Dec
51%
Jan
14
Dec
5%
Jan
t)ec
17'/*
16
par
5% Jun
par
11
2!« Nov
8%
71
!
.4
v
60
Nov 10
6
11V# Jun
7 % Jan
2
16
Oct
4
5
Nov
5% May 16
'» 7 Vi Nov
16% May
6
*9
C'o_i
Coach
Twin
3,200
Under Elliott Fisher Co.A .j„No
6,600
Union Bag & Paper—— ~—No par
■
7%
2
%
>'1
16
Sep
11% Aug
9Hi Sep
May
6
78Hi Nov
1,400
Jan
31'
2
6
75 i
Feb
Jan
.2
26% Nov
Jan
•
lH'k Jan
2
2
9%
19 % Jan
Jan
10%: Aug
Dec
12' '
21% Jan
Dec
Dec
%
7%'Aug 13'':
Feb
99%
67/rMar
7
No par,..
_jVo par
preferred_—__
City Rapid Tran.
Twin
.
27%
6
7%;.. preferred.- .—__100e
$1.'50
;
4
j
14
'5
12-% Mar 17
3
56% Jun 30
260
v
■{
5% Oct
28
Aug
7% May 15
Steel,
y 20th Cen Fox Film Corp_i_.No pur
1,100
;
■
■
Jan
95 %
83/a Jan
.
No par
Truscon
:-1,80Q
,
5%
75
75
'■' 6%
V
4
5
43'A Jan
9Hi Mar
5
Dec
34 Va Jan
22
May 20
31% May 21
_No par.
;preferred_%-_-.y2ii_y_v-JVo
$6
-
1
100
10Ha Feb
96
:.;'■%' Mar 14
Trua'x-Traer
■
*
12,300
25
5%
77
76 Hi
12
Jun
Mar 28
Tri-Continental Cofpi-L-i^-ul—AL-l
300
H
r
14
25.
■
140
;
ll'/a
,/
AXle—_10
Trai:sue & Williams'St'l
'6,600
6% %
a
*11
Detroit
Transamerica Corp-,-._%A_^„.__^i_2
Transcont'l 8i West Air Inc_^
5
.
100
,
1%
8
85
'
5% •;
.
6%
/
:
A;
11 Va
25%
5%,
74-;
v
6%
6%
■
25%
5%;
5%;-
70
7
25 H«
25%
5!A
69%
4 Hi Jan
2
'
5% Jun
.-10.
Timken Roller Bearing
■(
"5,400
:■
67%
.69%
;■'<
11 Hi
pa
1%
*68
5Hi
.
*11
13A
69%
*6
*11
..
ll'/a
;
'
.*24Hi
15
Jan
17% July
ii Mar
.
tS4.50.conY preferred..par
Timken
1,500
A;,800
-
15%
5%
11 Hi
*11
.
27
36%
t
1_
Water Associated Oil
Tide
660
-
v
"
6%
*11
$3.50 cum preferred .A—»_JVf
7,100
,
94
37'A-
37
Hi
5
11 Vi
15%
*68
,•«'
38
5%
11 Hi
Hi;
.'*27
27'A
x27
.
5 Ha
*15
*11%
1 Ha:
400
»
Nov
"
"
38
1,600
,
15
14%
14'A
30
preferted__
500
9 Hi
25 Hi
Jan
3% Apr
Thermold; Coi
20
3
*9
26 Hi "26%
41
Preferred
"
9 Ha
*9
26 Hi
50 Va
*32%
3 Ha
32 Hi
*2 Hi
9
27
50
55
*50% •;
33%
%
33 %
33%
y4
*26%
27
3
3%
*3%.
*32
*50%
55
24
Dec
Dec
1% July
Feb
27%
Sep
-4%
Dec
»»/•
Jan
27%
Dec
U
41%
*40%
<
7 Ha
7 Ha
76Ha
76 Hi
V;: :
41 H
41
7%.
40%'
41
40%
7 Hi
7 Hi
7 Hi
76 Ha
76*%
76%
77%
*112
113 Hi
*112
113 Hi
.104%
104'%
*104
104'%
*112
14 %
14! A
14Hi
14%
14%
78%
79'A
78-%
79'A
.
78
78
78
78
,
24%
*24%
25 Ha
24 HA
*112
24'%:
25
14 Hi
78
%
;
16
93
93
92%.
92%
V ; 93'A
18
17%
17 Hi
17'%
55
16%
16
>4
19
55 Hi
1
*1
*56
57%
19
*18 Vi
19
%:
13 Hi
.
,
77Ha
'
>•
77%
24%:
24
24%
24%
93 %
93
93
17%
17%
17%
16
16
,1.100
*111%. 113
>: 20
16
13%
*17
:/!l
'•
56 Hi
56%
13 Hi
%3%1
;
\ &
5
conv
United
5preferred
89
„
11%
Dec
Dec
:
.-
73
81 Va Feb
17
Feb
30
4
24
1
104Hi Jail
17'-; Oct
Sep
16r
85%
Sep
Jan
85%
Dec
Dec
.
,1
1.7
17
9% Mar 10
104% Mar 24
112%
,
31
United
Co_^__„_.
.No
par
Unlted-Carr Fast Corp_.j
.No
par)
United Coi'poration-^--.—.
No
par
51,800
.
Carbon
•
-y
3.000
United
United
aVJan
.
11
Dyewood Corp...
Oct
Ja-u
17 Vi
Jan
v9H«» May.
8%
16
56% Dec
.
Dec
108Hi
Dec
'".--35
26
,
Feb
2
i7,, Oct
15
July 28
.
..
11
20
Jan 27
Drug Inc.
300
,
May
16
No par
S3 preferred^j_A_'
6,200 ;
113
1 :
37
;
Jan
July
r-.r'.44%
5
18% Dec
.
;
Dec
24%
% 28%
! ;
y36Ha Jail H 6
Apr .17
7% Apr
Dec
57%
79% Sep
115% Nov
.
Jan
106%
15% Oct
21% Aug .3.
23% Jun
Feb
*111%
Jail
85 V4 Nov
2
par
400
v
•,
-....100
.No
Biscuit
108
37% Sep
12% Jan
Dec
60
.
14Hi July
(
'
600
;
13 Hi
100
5%
y
1
■r
13'%
preferred-iA—
Urv Air Li-nes Transport..^
600
,113% Nov
Mayj 1,7
74% Jun
;
i
par
v'
;
17%
5
.No
6
7
:
77% Dec
May
63% Jan
____.^100
4%
Union Tank
■!'■•' 10,700
17%
preferred......^—
Car™i__^___
/•,
900
,13.100
;
5
:
28
100% Mar'24
■i 10%
11
42
21
Apr
108
Pacific RR Co_j.__ „___..100
United Aircraft €orp.a.A_
1,000
:.
r
18%
"
Vi
■'.
'
.
,24
56'A
56'A
18 !i
;
Union
78
*111%: 113
56
l3%
13%
3,000
24%
%•?" 16
:
18
:rj
13 Hi
4,200
>
;
Hi
93'A
/
16 Vi
113
ll'/a
so. :■
:
%-
aa
13 Hi
13%
16
16%
113
*111'%
55-'a
*17H'i
»
%
13%
16%
113
*111%
111%
55%
,
14
78%
17%
*17%
.
14 Hi
77 Hi
17%
93'A
17 Hi
16
.
A
14 Hi
78
24%
par
Dec
9 V4 Jail
2
7 % Sep
.
58
Preferred $4.50 series.^ -J.No par
Union Oil of C'allfor-nla.^l '^__^..t25;
340
,
78'A,
':
par.
Union El Co of Mo $5 pfd ...No
*112
113%
,*104'/a. 105
,
28% Jail
par
Union Carbide & Carb.i. —No
10,900
24
24%
:%/ V.*'
24
-24H»
17%
111%
,
14 Hi
78
24
,:-,v
93
17 Ha
,
7%
77%
78
" r :
"
*92 Hi
7 Hi
105
:
i
77%
:
113%
*104%
79'A
7 7 Hi '
24%
25%
113 Hi
105.
78'A
77%
24%
24%
7 Hi
77%
,14%
24'%
.
*24%
7'A
76 Hi
42
41'.%.'
'
'
79
7 Ha
104%
-
;
77'A
.
*112
104'%
79 HA
*14%
7Hi
77
113 Hi
104'%
41 '%
16% Jan
-
Dec
!-'V 15 V.
113 V*
Dec
Sep
Sep
A
15
Dec
1 V»
13 V*
Dec
30 Hi
,
)
Feb
52
21%
:
Jan
Jan.
'
:7%
7%
3
7%
3
*35
36
/
3
7%
,
7%;.
7'%
3
,
35'%
*2Va
35%
3'A
*2%
:
,/?
7 Hi
7%
///
3'A
35! i
/
35'%
35
35
VA
4
7 Ha
■
2Va
35'A
-
7%
'
35
*5
-5%
5
-
5
•
*5
5 'A:'-
' *5
'./
5'A
*5
■
.
26
26
62
4
60 Hi'
62
4%
*15%
*25
4 %
102
102%
16
15 HA
25%.
-
60%
4
103
*102
4% Apr
Preferred
240
r
4
■
25%
62'%
62%
4
4%
102,
-/:»
102
15 Hi
15%
*25Hi
62%
15%
.
4 Vi
102
102
15 Hi
25%.
v.
63
"
4
*26
3
%
3%
3
■1
'
*3
■
3 Vi
4 !A J
103
7% Dec
15
1% Apr
28
3% Nov
50
33'% Aug 21
a._
l5Vi
15%
3'/a
2%
3
i6
16
*2%
■
4%
4%
*86
*86
4'%
vi 4Hi
87
4 Ha
.
*86
33%
33 %
32"2
9%
9%
9%
60'A
60%
61
60%
175%
173
*5%
5%
5
*38
39%
*39
*28Hi
29%
60
173
5%
Hi
.
33
33%
33 Vi
9 Hi
9 Hi
175'%
*38
60
//:■ *5 Hi
39%
39'%
*3%
28%
3 Ha
29
.
27 Hi
3 Hi
*3
28
*3
/" :
,
3%.
12 Ha
107
12%
12 Hi
13
110
*107
•
12 Hi
*100
27
27 Va
30
30
30
32
"32
*30
Va
30
23%
24%
Hi
;
23 7 i
6 % Sep
94
44 !•»
46 HA
46 Hi
46%
109%
110
*19%
20
*44
109
47
24%
!iv
:
■
■
47
5 %
5!i
,47
3%
51
Sep
Sep
Nov
*3
12 Vi-
26 5%
12%
105
1
1.800
U
:
;■
26 Hi
26Hi
30
31
;?
Ha
'Vi;',
U S
v
,
,
iAlf,
2 4 Vi
24 '2
96
96%
97%
4 a!%
4,5
45%
63%
46!%
.
/
109
19 7 a
47'%
1
*61%
■47'%
lHi
1%
1%
1%
li
%
7,
'/»
59
.
*15%
59
15%
59%
59%
*146
151
*152
154
•
15%
*58%
-
59
;
^
15
15;
58 Hi
59%.
.-
*152
154%
*152
154%
/
%
15Ha
Hi
28%
15 Ha
28
Hi
.
*15%
%
46%
Dec
17
5% Nov
87
9 ;
Jan
7
1%
-
I
43% Oct
60%
•
.
15
23!%
23'%
*115%
9%
*23%
9%
23'%
*115'%
*35'%
35%
*45
35'V
:
'
9Ha
15 '
154
,
*152
A'V';
%
.
*28 Vi-
29Ha
:
15 Hi.
15'%
23%
*115%
35 Hi
9 Hi,
35Hi
23'%
•
J-L'
X9
9
23 Vi
*v2,100
'
'
•
■
:
4% Apr 27
;
7-i
99
preferred....
v
22
Pipe Si Foundry.....
Card Co
-Plywood Corp...
*
1,300
x54
ArT5;
57%
.
58
152% 152%'':
154%
*152
:•;
Hi
Hi.
28
28
15 Va
15%;
*8Vi
-
23 !i
9
*23%
■
.
*35Vi
35Hi
10
23%
15%
15%
*8%
1,500
9
*115%
35 Ha
7%
^
*23%
23%
35%
35 Hi
-
35%
51
*45
51
*45
*54
57'%
*54 Hi
57'%
*54%
23 Hi
23 Hi
23%
113'! A
38'A
*37'%
38! i
113
113
*2
*37
2!«
.
38'%
113 Vi
113VA
113
113
28'%
22
*19%
20!%
*19
22
27%
26
26
*25H4
26'%
25%
25;%
29 ! i
29%
29%
29 V*
29'A
28%
29
*19%
78
78
*78
*133
138
*133
8
21'%
80
138'
7'%
2
37'%
*113
18 H4
*26
28%
•
^—5
>.
2'/a
Dec
;r
5Hi
54Va
Feb.
7
:
20%
Dec
25 Va
Dec
18Hi
Apr-
7
.2
V
Va
17
14
.71 : Jan 19
55% Jan
4% Aug
-
10 Hi
Sep
Oct,
31% Aug
34 Vi Feb
Dec
26
Sep
;2% July
•
;
28%
sen
58
Dec
103Va
Sep
>
43 Vi
Dec
65Vi
Apr
:
69':
Dec
.76Va
Jan
i
3
119% Jan
13
„
:
:io5
Dec
13%
ji:
10
Nov
Jun
Jun
33% Aug
Apr
/.-.
25 Va Nov
30 '
Jan
5
46% Jan
29
14
24
>
.2
:% Apr
/
VM Oct. 29
12
.
41
preferred—A—
;100
Universal Pictures 1st pfd—,..*100
8 ft.
::
142
Leaf Tab___-„_-'_-No par,
.60
,.
July 15 :
May.
Apr
147 / Apr
,
,
'
Oct
47-/
70% Jan
Dec
105 Vi
Dec
19'%
Dec
42 v:
Mar
d ■■■/%
Dec
v':
.
130
Jan
33%
X
•
Jan
50% No7
Dec
'•.{>
1%
Dec
15
%;
10
1
15 :
34% May: 20
V
.Vadsco Sales
Vanadium 'Corp
•
22
j:
Preferred...M-vA-.-Ayy..
42 Vi.
12'
715% Nov 21
Dec
May
Jan ;
IV*, Jan.
62,
Sep
16H*
/
Jan
Oct
20
V,U3%
Nov
/•-. 64
24
152 % Dec
11
140
May
157
30 : .
159-5
21
133?
Jan
162
61;
6;
H's Jan
Jan
,,
51
2
37'%
*37
38 %
113%
*113
133 Hi
18 Hi
*18
2
.
20% Jail
19
Mar
5 «.
; v
Sep
Jan
v
Oct
22
50
50
*25%
27%
200
28'%
28%
28 V*
1,210
*78
80
73
73
*77
80
20
*133
138
133
133
133
133
30
21'A
21H4
21Ha
21%
21
23
23
23
23
22'%
•
7%
7 Hi
i
25
Sep 26
II6V4 July 15
9
.
7%
7%
7 Hi
1.700
21'A
20 Hi
20 Ha
3,300
23
23
1,900
.
preferred—————A-25
i.100
preferred
28
July
.
118,
/Aug
45
July
57,
Mar
66
Aug
July 30
.55
Jan
19
57
Mar
12
•60
Nov
18
,66
Aug
Jan
19
2% Oct
,1
...//Hi
Dec
40% -Oct 21
18%
Dec
28Hi July
Dec
ll8'/a. July
25%
Jan
2
.1
8
1
4
3
14
Jan
24
-
May 22
Jun- 24
120
Mar 11
_y_4._.l
16% May 22
•
27%
Sep
2Va
Jan
11
114
21% Nov
10
11
Dec
23%
Sep
20
30 Vi
Dec
42 '
Jar
29% Oct
13
29
Dec
33%
Feb
Sep
96'/a Mar
138
Jan
'
5
89
Feb
105
Nov
9
135
Mar
143
Jun
10 Vi Mar 25
6% May 22
No par
20 :M Mar
31 Hi Jan
no;
.
Apr 29
26
70
if
—-xl00
Preferred
$1.25
6
Jun
Dec;
Mar'
15'
Sep
110% May
Virginian Ry Co—.—,————25
Vultee- Aircraft 'Inc..
41% Jan
I
22% Jan
djv partic preferred...... 100
Va E1& Pow $6 pref.—,—No par
Va Iron Coal 81 Coke 5% pfd—si00
Vulcan Detinning:Co__
May
20%, Aug
39 Va
31..
.34%. Jan
55
1
6f»
; ,6%
111%; Dec
18% May 28
Va-Carolina Chem
27%
8'/» Dec
% AUf.
•.
50
Ry
; preferred. 4'—-i_
1,900
80
7'%
30
...
Vlctor Chemical - Works—
138
7 Hi
Vick. Chemical Co
Apr
.15% Dec
-3
2
11% Mar
VA Jun ,24
112% Jan: 12
preferred._y_r
Vicks Shreve & Pac
*78
7 Hi
1st
1,100
400
15
<29% Feb„ 6
•
'
'
2 Va
A,« Jan
% Sep .23
2
Jan .20
<■) 14% Jun-25
of Am—
.Van Raalte Co lnc
*133
7Hi
21 Ha
*21
Universal
500
2,100
23%
23'%
-
Apr
Mar 11
Jan
43
Feb
20
Jan
-
9 V*
10
51% Jan
% May 25"
StOikyards-'Cbrp..,i.
Van Not man Mach Tool..
57%
23'%
38%
.
7 '>
*45
2%
33
/
July
183
23
1
39% Mar, 27
preferred-
800
*115%
.
51
*26
21%
'
160
57%
2
Oct
July
69 Va
-
Jun
32% Dec
Apr 28 V
15 Va Apr
S6 conv., preferred_My--y2.N0 par:.
Unn'ersal-Cyclops Steel Corp.—..I
t-
*
29%
24
*27
*7'%
400
470
1,700
*27
*45
38'%
29'%
•
V-
*23'A
21%
27
100
44% May 20
United Stores-class A__.__i
2,800
.,
154% %
*54'%
38%
ll2H'a
(
59% r
51
2
13
Dec
Sep
July
19
Dec
"Apr
.'47/a Feb
21
,30% Aug
7
17 C
107% Jun
Preferred
United
,11,100 f
>
15
.
59%
23
2 %
Feb
28 % Nov
7 V,
Mar.10
37 % Apr
V 8 Tobacco Co.
-
1 y
57'%
Hi
4
93Hi
'
1HA
1 Hi
*54 "%
23
■
170
4% July 30
27 H
Apr
Sep
114
'
13% May ' 6
54
U 6 Steel Corp
-
*45
23
(
Dec
Dec
37%
14
14% Oct
2
20
May
6Hi Jail
.41
28
Jan,
Jan
% Aug 21
8% 1st preferred
-
-
1,400
57%
23
4Hi
7%'
10
34 % Jan
30 V
24% Apr 28
...
'
5,-800
51
*53%
Jan
14% Nov
flVi
,
3
Nov
174
••
34% Jan
V S Smelting Ref & Min
Preferred
'
19,100
61% Dec
1
May,
'
*115'%
••
35 Hi
26
26
40'% May 13
159
20 '/
^
,'300
46 Hi
Va
v«
59%
*148
.
'
H
'
9'%
83
Jan
f
./■
Ha
■■
59
,
154'%
'
2H»
7
25
,11% Jan
6% May 14 '
2 Va Apr
U S -Rubber COi.i
2,000
109
*44.
lHi
59%
15%
*152
16
Feb
Dec
117
Apr
2%
26Hit May:' 1
-
%9'Hi
47%
19Hi
"
59%
153
28 Hi
Hp
■
*148
,
Dec
'
59 Vi
% 59 7'a
.
:
*27%;
i
*.14
:
152.
16
9'%
2
15%
59
*146'%
U
*15 Hi
59
59'%
'
lHi
/■":
152
.28'%
■
1%,
*146%
■v., % >:
*27
59
100 Va
Jan
.
10%
'
in-:.
%
57%
17
8V«
tU S Realty & Impt
y 11,500
.
63
108'/a
19 Hi
*44
Dec
27
Co
'
46%
108"%
19 Hi/
*44
64
46 Hi
109'%
19%
47%.
^61%
47.
1087a
"'
Va
4Vo
21
U S
700
4,400
,
2 4 Hi
';#■ 95%
45
16
4'/b Feb
U S Playing
.300
,
%/- 24Hi
9 5 Hi
79
16% Oct
17
Cowi^.y.
Leather
S
Prior
,y 300
:! > 1,400
'
30
31
■■
42
May
28
•Partic ii conv cl A.
1,300
:
30%
/{>■■;'
■
45W'.
-
*60'%
47 Va
900
103
31 Hi
*30
Dec
60
10
7
?•
20
3 HA
',
12%
:■
26 Hi
*30 Hi
SHiJuly
30
•
106% Jan
"
*
6'/a
V
3%>Apr
5
3
2% Apr
US'Gypsum Coj.i..
'l"« preferred^..._
U S Hoffman Mach Corp
5%% conv preferred
U S Industrial-Alcohol.
3,800
y;''
;•
so %
•
24% / 24%
20
*44
30'
3%
.
.
39%
95%
.
109
v
U S Freight:
:
62 Vi
19%
U S
Feb
% Jan
5
1
77% Aor
$6- 1st
2,100
5'/a A
*38
*96% &; 109
32
45/'-'-.v; ?-?: 45
46%
109
197 i
|
61%
12'A
■
30'A
32
95
*60'%
109%
*44
: -
7
26:,i
*30
/.
24%
94%
V-. 44Ha
%
-
16
35
72% JaiF
2% Sep
Paperboard
Foreign Secur.Al
preferred_y_.i
Distrib Corp conv pfd
U.S
60
y'yy.'; 240
9%
175%
Vi
/'.:/ *3
a
2.400
y,/. !>••:
,
3
11% Apr
United Mer & Manu Inc v
United
;
93 Va Mar 27
preferred....y'-i.
.$5
400
-
34.
*60%
39%
•
62
19%
26 Hi
3^/';'-'" V
*1%
,
Jun
Dec
20Hi May
10
'
29%
•.' %
24%
94'%
44%
61%
62
30 Vi
*30%
44:%
*61%
c
.
109
3% Jun
;
:
*172'%
28
/-
»if
95
44'%
27 •
*30,
32
'j'.i
*94
26 Hi
27%
12!
*96'A
.
Gas lmprov't
2,000
;
87
9%
%
61
*38
'
-
United
!
5
3 Hi
xI2 %
110
'
*27
28
■■■;.. *3 Va
:
12 Ha
107
28
%
*86
*32
'•
48% Jun
:;"f
175%
*172%
5% *
*38
/
87
59 Hi
//
*172%- 175%"/
5 ■%
5% -'
39%
59'%
-
*86'%
'
..
27/«
lHi
1
6
Jan
1
25Ha Jun
Co....:.
United Eng &
■•■A" 500
4%.
4%
33%
9%
9%
60 Hi
..
*172%
■
-
4'%
87
9%
172 VA
4'%
87
32Hi
9'A
9
4%.f- //
'V':"4%
v;;/-
87
33%
33%
,
4%
87
3% Mar 11
Cos.
Fdy...
Fruit
25,000
'
3%
Electric -Coal
United
200
101%
'
United
1,500
4,000
*/■
4 Hi
"
101%
15%
' ;
*3
r
.
26%
"62%
4'%
*100
.
5
25%
62'%
%.;■
'
*3
;
;
,
,
35
5 Va
■:
'
27%.
61%
..
;
31 %
*2% 5
.:
■
*26
.
7%
2V«
34%
.;'/
:
'
25
Apr
1
W
23%
24
*7%
77i
19'%
19%
*98%
102
For
footnotes
22%
23 Hi
7Ta
7%
20
*7%
7%
20
*98%
see
*7%
*19%
20
102
*98%
102
page 2107
197a
-
*100
7%
201
102
a
23
x7'A
7 Vi
7%
19%
19 Ha
*19Ha
*100
102
*100
7 !A
20
102
400
1,100
Wabash cRR
Waldorf
preferred——.—..100
System.^——No
Walgreen Co—No
4% 7#
par
par
preferred with warr__..100
30Ho Jan
25
6 Vi Mar 25
7% Nov
23
6Vi
Dec
9%
Apr
Apr
23
20% Nov
18
15%
Dec
22V*
Jan
97% Jun
19
102% Oct
30
96%
Jun
105%
Jan
21% July
16
2
Number 4133
Volume 156
NEW YORK STOCK
share
38%
15%
*15%
*15 >4
s
A.
4%
4%
38%
39%
39 %
39 %
38 Va
15%
*15%
4%
27
*15%
15%
15%
15%
*4%
4%
*4%
4%
27 %
27%
'
A
i!jc
!\{
*26%
27%
*26%
(i
77
CO
*76%
14%
•
*13
*
13'/*
*
18
17 %
13%
-
17%
2%
17%
17%
*
*26%
27%
14%
"
13
18
17Va
17%
3
*2%
•-"• 3"
67
17%
68 Va
68%
*9Va
'
67 Va
Va.
9%
*68
-1
69
\
9%
9%
9
9%;
9%
.
~
'
*55
57.
67%
68
67%
68
61
60
60
'
61
,
j
:
*99
*99
T01
*2%
2%
5%
*1
2%
*4%
5%
2 %'
*4%
*99
18%
..
1 Va
2
*4%
*1
1'
25%
14%
25%
25%
25%
26 Va
25%
14'.V
14%
14%
15
14%
15;
<
117%
Xll7*
117
*25%
108
28
26
*26 % ; 28
\
25%
107
%'
25%
50
*40
*83
87
*83
17%
18
59
59
15
58%
58 %
*14
"
*14%
15
* 7,200
-
;
*83
17%
58%
15
*14%
-
58%
17% :• 17%
58%
*14%
15
15
»
.
I
15*
J
*14%
"
•
;
58Va
'
13%
13%
''
•
13%
13%
V*
4%
4
4%
13%
xl2%
13%
4%
*4%
4%
4 y4
2%
*35
49%
*35
49%
*19%
20
*19%
20
2%
2%
2%
*35
49 Va
*35
*19%
19%
19%
2%
2%
2%
2%
*2%
2 %
1%
1%'
1%
1%
1%
1%
1%
1 %
7%
7%
7%
7%
7%
7%
7%
7%
7%
4%
4
*
lVa
7%
7%
4 Va
•2%
2 %
%
■
*108
a
57%
*56%
57%
120
*108
120
*108
120
*108
120
*108
57 V2
-
57%
41
4
4
4
4%
4
57%
58
*57
57%
57%
4 %
4%
V*
Sep
Jan
17% July
1
11% Jan
15
18
Nov
10% Dec
1% Jan
6
15
'No par
120
<
:•'" 57%
-
<
600-
'
;
5,800
r
700
|
120
Jan
Dec
10% Nov
6
91
Jan
22
88
106%
Jan
104
Jan
8
99
Dec
115
Jan
Jan
8
89
Nov
107%
Jan
113% Jan
9
.112
Mar
117%
Jan
Feb
6
15
Dec
97
104%
Jan
2
18% Dec
3
25
27
27
93
Apr
Sep
16,
12% May
.
2
18
9
1
'■
% May 18
23% Feb
;
83 Va
18
Mar
Nov
:
6
43
18%
18%
18%
29%
29 Va
29%
.48
V*
•i,
114
*44
46
87
*86
91
*88
90
56
*54%
55%
'55
21%
21
45
88
"
*43%
*86
•
1,900
'
t
100
454
j
"
1
20
|
400;
88
•
.
.
56%
300
56%"
56%
22 '
"*55%
'
,v,
i
;
t
21%
22
3,600
12VB
12%
5,200
.
4% July
9
July
4%
Dec
#3
Feb
18%
Feb
31%
15
13
5
Dec
24% July
1% May
Not
8
71
Oct
103
Jan
Jan
28
118
Dec
141
Mar
2
31 % Jan
108% Oct
24
105
27%
Jun
27 V*
8
Apr
34%
Jan
36% July
112
Aug
60
Apr
Aug
65
July
100
Jan
2
50
Apr
18
9
93
Jan
22
85
Deo
9
27% Feb
4
21V*
Apr
30% July
58% Dec
7
69% Jan 29
58%
Deo
76
15
17
10 V*
Jan
15% July
80
!
12% July 21
.
3
Mar
6
.'—1
No par
1% Apr
Jun
Apr
Jan
5
10%
Deo
17%
Jan
5 % Nov
14
2%
Deo
8 V*
July
3Va Jan
25
12
27
2%
Dec
5%
15% Jan
29
.
,
Jan
Jan
12
41
Feb
64%
Jun
15% Apr .23
22 % Jan
13
18%
Dec
26 %
July
40
—_—\-20
May
<
6
53
15
2% Dec
3
1%
Deo
2% May
1% Aug 12
2% Oct
16
1%
Jan
29
Oct
16
3 Vis
Apr
Apr
2%
4% Apr
8 V»
6%
Deo
3% Sep
6% Jan
20
4 %
Dec
7
Sep
14
23
73% Jan
13
60%
Dec
77
Sep
.107 Va Jun
1
110% Oct
5
10.9%
Oct
113
Nov
1% Apr
^--5
—1
51
.
Sep
7
19%
Deo
33 Va
6
x30% Nov
9
23 %
Dec
34%
14% Jun
22
21% Jan
28
16
Deo
25% July
117
Nov
13
125
July 28
98
Mar
106
3
24
17% Aug 26
,—,10
21% May
Woolworth. CF W) Cq——«_10
Worthington P & M (Del)—No par
.
j "'j,,:
114-i
44;/
V.,
*86
124
■-*43%
45
'
29% July
7% preferred A—"—,—,—,,100
6% preferred
-TOO
Prior pfd 4%% series
100
Prior pfd 4 Va 7# Conv series—100
Wright Aeronautical
No par
Wrigley (Wm) Jr (Del)—No par
Jan
147
Jan
Aug
130
July
73% Aug
75% Aug
85
Jan
Jan
26
47%
Deo
57 % Jan
26
50% Dec
104
Jan
15
86
Apr
122
July
62
Jan
5
50%
Deo
80
Jan
Nov
13
117
42% Jun
17
54
44
Jun
9
80
Jun
23
39
-
Jan
APr
24
Mar
.
*
21
21
21
12%
12%
12% *12%
121%
7
6%
'121
29%
81%
81
82
-
30
12% "12%
121
82 Va '
82 Va
82
8 Va
'8%
8
18%
18%
'
-
•82
81%
8%
17
17%
17%
2
V/u
8%
*8%
8%
-
8%
Va'.,'T;
160
3,000
2
15
Dec
10% Apr
28
14% Nov
9
10%
Deo
3
121% Dec
10
109%
Deo
Youngstown Steel Door,,:—No par
T
8%
8 Va'
,
111% Jan
—
6,200
29%
*81
-'
8%
-
8%
90
2,500
29 •••■
-29% * 29%
29Va
29Va
'
120%
120
•
'• 6%
6%
7
15% Jan
Yale & ToWne Mfg.'Co,,.:——25
Yellow Truck ic Coach cl B__,
1
Preferred
_,r™——100
Young Spring & Wire,——No par
Youngstown S & T
,—
No par
t5%% preferred series A
100
6% -■'7'/a
121%
121-
121
6%
82%
-
-
21 V'4
7%
•
29%*81
21%
12%
21
21%
121 Va
•7
29%
29% '29%
"81
121%
-
Va
12%
21%
12%
1-.. ,714
'121
6%
*121
fc
•
*43 %
44'
<-88
55% "■ 55 Va
55%
*43 %,
:
.
*117
114*:
?
15
.it
500
Oct
107
July
17% Dec
.
1
Woodward Iron Co.,
'11,500
*106
124
*106
46 "
*
44
87
45%
45%
49
*43%
.
*117
114
*106
46
*43%
v
29%
15
'!
•14%
14%
..
124
'117
124
*106
715
15
14%
17%
29%
*17
18%
29%
*117
45 %
->
■
\
18%
29 Va
114
45%
"
'*54%
*88
18%
29%
124
,
"
*46
14%
18'
29 V4
*106
114
*45
"
*117
124
*106
114%
14%
15
f *14%
*116%
18%
29
29%
18%
29
.
Dec
20% July
29% Feb
11
Jun
Oct
127
5
Apr 28
.100%
1%
Sep 23
30
81% Jan
Apr 24
Aug
23
2
19% Feb
c
13% May 27
109
Apr
15% Deo
28
8% Jan
4Vb May 20
Va
104%
3% Jan 27
28
Apr
'
'
*18
Jan
74%
May 1
10% Sep 21
6% conv preferred——._,-__',10
"Wilson & Co Inc—;
No par
$6 preferred—,
No par
Wisconsin,El Pow 67# pfd^
,100
| 2,600
Jan
4%
65 % Mar
Apr
No par
Motors
20%
X71% Nov 12
.102
No par
Wilcox Oil & Gas Co
Willys-Overland
2,700
Dec
25% July
36
,
No par
preferred,^
Prior
"
600
58%
■
*108
..
f
■
1%
16% Mar
41% Apr
-TOO
Corp,,,
28
July 22
6
7Va Aug 28
34
.
4Va% pfd,_—100
$4 conv preferred
■
3
'20% Jan
May 18
59% May 20
——No par
White Sewing Mach
\;
2%
2
7%
19%
*2%
4 Va
19%
2%
1"B
*19%
1%
19%
2%
'
;
23
2
23%
-White Motor Co——
White Rock Min Spr Co
800
2%
'■'49%
*35
49%.'
19 = 4
.'*35
800
2%
2%
*2 Vt
2%
<49%
I 2,800
4%
4 Va
4V4
8
Deo
38
r White Dental Mfg (The S S) —20
13%
13
13%
13 Va
4%
*2%
2%
2%
13%
4%
7
39% Jan
Deo
77
Dec
pref,—
$5 conv prior
340-
Jan
Dec
Wheeling Steel Corp
3,600
63
Feb
preferred
conv
6
14
No par
preferred—,,,,,—No par
5V2V#
Sep
6 %
5
10%
Wheeling & L Erie Ry Co,—TOO
'
50
7
Oct' 23
2d preferred
$4.50
'j
87
Feb
Westvaco Chlor Prod,™
900
58%
.17%
58%
58%
58%
*14%
17%
vJ
220
48
*83
-
;
87 *
17%
17%
17%
"
'
25%
*40
48
*40
.l.
107%
/•'
2%
Dec
80% Oct
May 14
Feb
Westinghouse El is Mfg,,,,,
-50
1st
preferred
I.
—-50
Weston Elec Instrument
12.50
240
28 !
*25 %
107
107%
107%
44 Va
87
*41
83
18
.
119
*26%
26
*
*17%
2,300
$ 9,800
77%
76%
*116'%
Jun
26 V
Western Pacific 6%.
400
15%
'
1%
Apr
13
14
100
preferred—,100
Western Union Telegraph
TOO
Westinghouse Air Brake
No par
4%
300
j
26 Va
25 Va
15 Va
116%
*26%
.
108 Va
*107%
108
51
;
•;
28
25 Va ''.25%
83
■
87
.
108%
108%
*40
51
-
*83
28
*26%,
*25%
108
*41%
j 2,900
'
.77Va'
77 %
116%
25%
*26%
26
;
1
2,700
•
28
*26
4%
1
15%"
77%
116%
117
117
4%
"
.
25%
-
116 Va
77
77%
77%,
78
x77%'
78%
78
*116%
''15
2V8
'
1 Va *
.
25%
25%
14%
25%
4%
4%
5%
■
2%
2
2 Va
-
1
1
Dec
%
No par
(4 conv preferred:
,L,
I
2 Va
%
7
12
West Va Pulp & Pap Co
No par
6% preferred
—_™_—,100
Western Auto Supply Co
,—10
Western Maryland^,.
100
18%
4
19
800
-
NOV
3
I
«
Sep
1
29% Nov
4
5
107%
"18%
18%*
18%
6%
16
West Penn Pr Co
J
101-'
*99
18%
Dec
Jan
310
101
2%
13% Jun
»
*99
6
West Indies. Sugar
300
12
NOV
27
100
.
6
22
% Apr
!
'12
Sep
4
56 >■
•
12'%
Sep
15%
X65
64%
107
108
*11%
18%
2%
5%
2
*4%
1
1
1
18%
:
36
Feb
% May
"
107 Va
101
"99
101
,
18%'
200
May
xl2%
17
64
56;
12 %
12
11%
65%
55 Va
107 ',4
107%
108
11%
101
.
18%
18%.
18%
*55%
59
59
64%
58%
*
25 Va
8
Feb
*53
52
52
55'
*51V4
4,300
12
16% Oct
2% Jun
Corp—,—1
West Penn El class A
No par
7 % preferred—
TOO
6% preferred
100
8 Va
x8%
9%;
•
66%
-
66
67
108
12
11%
12%
*12%
I
9 %
56%
55%-
55%
*66
t
108 *
107%
*107%' 108
*53
56%
56
-
9%:
300
I
"
■
'
V
41 % Nov
24Va Oct
Eisenlohr
Webster
17
13% Mar 23
No par
No par
—5
Wesson Oil & Snowdrift-,
1,000
14
16
Wayne Pump Co—z
200
17%
! *68
.70 *
I
400
-
Jan
5% Nov
No par
Waukesha Motor Co
400
j
3
•
17 V4
17% '
17%
17%
"2%
i
18
*17%
l
6%
Dec
3
share
per
23
50
5
—
Warren Fdy & Pipe
Washington Gas Lt Co,
1,200
12%
12%
13
13%
*2%
,
B
preferred
Warner Bros Pictures
$3.85 preferred
Highest
per share
31% Apr
No par
No par
No par
S7
?
14 Va
*17%
%
310
14%
14%
*13
17
*17%
67%
*67'/a
08
68
*
17
17
17,700
*26%'. 27%"
14%
14%
3
7
78
6%
17%
*2%
3
1,400
78
13
13
*17%
17%
*2%
2%
29
;
Class
700
Hi
"
77 Va
77
79
*27
28%
'14%
14%
,™
28
28
6%
6%
•6%
"77
77
*27
14%
13
14%
14%
28%
"27
28%
*27
77
77
6%
6%
6%
7
6%
7,
.
%
-
K
27
'
6%
100
1,400
!
X per share
share
per
Lowest
Highest
3 Va Apr
No par
No par
Walworth Co,
Walk (H) Good & W Ltd
Div redeem preferred
Ward Baking Co cl A
2,000
4%
■
*3%
27 Va
4%
38 V8
\a
15%
*3%
ur
'i if
27 VB
*26
,
4%
39%
i>
%
i u
4%
4%
*4
4%
*4
X per share
,
4%
*15%
15%
share
per
4%
39
39
I
share
X per
share
4%
4%
4%
39 %
39
X per
share
per
4%
4%
»
t
X
Par
Shares
Year 1941
Basis of 100-Share Lota
Lowest
EXCHANGE
the Week
Dec. It
Dec. 10
Dec* 9
Range for Previoua
Range Since January 1
On
STOCK
NEW YORK
Sales for
Friday
Thursday-
Wednesday
"
Dec. 8
Dec. 7
Dec. 5
1 per
Tuesday
RECORD
STOCKS
SALE PRICES
tOW AND HIGH
Monday
S&tarday
2107
FINANCIAL CHRONICLE
THE COMMERCIAL &
.
Apr 23
3
5
; 23 Va Oct
Jan
7
9
13
29
Oct
20
78
12% Jan
5
87
12
May 14
22%
Jan
17%
Jan
120
Jan
Deo
12% Jan
Deo
5%
7% Nov
37% Jan
,
28% Jun
78
13
42%
Jan
Dee
95
Aug
Deo
18%
Jan
8
Deo
15%
Apr
1%
Apr
3%
Oct
9%
'•
17
-•
2 /!
♦Bid and asked
reduced from
100 to
1-7%'
18 V*
18%
2
2
•:
!% •'",'2
<
fin receivership,
h
V'-V.
prices; no sales on this day.
10 shares,.-
-
■-
„.
2
'v'
i
a
.
■
■■■
•2
2
.'
v
'
"
! 8,300
Zonite Products Corp™
'
Stoclc.
t'
;
;
r Cash
sale,
s
,,,,,,,,,,,,
Special sales, :x Ex-dividends.,
and Miscel.
Bonds
•Bonds
'
:
;>
$5,278,000
494,540
217,000
$4,000
7,252,900
618,238
6,913,800
460.000
8,000
Tuesday,,,™™
5,662,500
573,710
5,840,900
641,330
7,336,900
405,000
616,377
■
$37,860,000
3,190,211
;
$2,291,000
Monday
.
—
'6,112,500
Thursday
7,744,900
$40,168,000
119,895
136,900
1,230,290
—_™™——
—T"
<1942
of
Stocks—No.
3,190,211
9,709,781
-111,824,341
149,138,719
$17,000
$612,000
Domestic™
5,627,000
$6,384,050
116,354,000
2,053.928,100
$18,731,000
2,291,000
shares_i
154,134,000
Foreign government™™—
Bonds
Bonds
U.
S.
Government
Foreign
Railroad
Total
*
&
Industrial
54,730,000.
37,860,000
1
—
$40,168,000
\
'
'
"
'
1
!
stocks and bonds
—Bonds—
10
-
•
10
'
30
20
15
Total
10
First
Indus¬
Grade
'
December
*
-
'
5
December
7
December
/
8
December
December
December
.
-
.
9—.
.
10
11
.
.
Utili¬
65
Second
Grade
roads
ties
Stocks
Rails
Rails
115.24
26.82
13.75
38.30
106.39
92.58
52.28
115.00
26.43
13.66
38.10
106.41
92.21
115,76
26.41
13.69
38.28
106.39
92.15
trials
Date—
Rail¬
trials
10
Total
Utili¬
40
ties
Bonds
110.06
90.33
51.26
109.89
89.94
51.49
109.80
89.96
89.87
115.93
26.38
13.71
38.31
106.40
92.04
51.29
109.75
26.20
13.70
38.27
106.45
91.89
51.16
109.80
89.83
116.00
51.09
109.88
89.80
115.70
26.20
22,000
704,000
647,000
13,000
$3,285,000
$113,000
13.74
'38.21
106.41
91.81
1941
1,814,710
660,000
$3,000
$3,401,000
Jan. 1 to Dec. 11
1942
19,744,396
1941
29,924.653
$6,511,000 $159,888,500 $226,878,000
291,000 •' 4,617,000
6,636,000
58,000
724,000
3,071,000
$3,401,000
$6,860,000 $165,229,500 $236,585,000
——
the daily closing averages of representative
Indus¬
682,000
.
3,000
-
,
555.000
-
113,000
Total
—-Stocks
578,000
543,000
565,000
$3,285,000
Stock and Dond Averages
are
S3,000
To'ooo
>.
1
Foreign corporate,.
1,816,906,000
$60,969,000 $2,176,666,150 $1,989,771,000
Below
46,000
Total
$351,000
543,000
1,230,290
shares™—™——^—
of
Foreign
Corporate
$22,000
1942
1941
1942
1941
>
529,000
Government
Week Ended Dec. 11
Jan. 1 to Dec. 11
Week Ended Dec. 11
„
,
126,405
™j™—,_r———
Total.
$329,000
123,595
Wednesday—
6,397,900
3,000
$17,000
Domestic
128,165
——^,™™—i,—.
1,000.
556,000
Friday
—!—
Saturday
1,000
449,000
Thursday
Foreign
■
54,665
7.381,800
Monday
—
of
,
Shares)
$204,000
246,016
———
Week Ended Dec. 11, 1942
Sales
Bonds
Bonds (Par Value)
(Number
Bond
$5,074,000
7,031,900.
Saturday
Stocks—No.
t Unit of trading
((Called for redemption,
Stocks
Foreign
Total
Government
Railroad
Number of
Shares
—
10
Daily! Weekly and Yearly
United States
Stocks,
Total
Ex-right§.
y
Dec
2% Jan 28
Transactions at the New York Curb Exchange
Daily, Weekly and Yearly
■Wednesday——
19
19
1% May 21
1
;
Transactions
Week Ended Dec. 11,1942
8% Feb
—No par
Zenith Radio Corp,,—
I 1,700
n New
Deferred delivery,
;
19
r:2'
18%-
19
'
2 .J-"
THE COMMERCIAL & FINANCIAL
CHRONICLE
2108
Bond Record
New York Stock
«»
FRIDAY
WEEKLY
-
The italic letters in
the column headed
"Interest Period" indicate in each
BONDS
York
New
Stock
Friday
Exchange
Ended Dec.
Week
Interest
11
Week's Range
or Friday's
Last
Period
U.
S.
the month
when
the
bonds
Range Since
Sold
January 1
No.
High
Low
1947-1952
A-O
*114
114.2
114.14
Treasury
1944-1954
J-D
*106.8
106.10
106.8
3%s
1946-1956
____1943-1947
Interest
11
Af-S
*108.17 108.19
108.30
Mtge Bank 6%s
1947
Sinking fund 7s of 1926
1946
u-n
1947
*101.15 101.17
101.29
104
Tret
•
try
3%s
1943-1945
A-O
102.6
i
try
3'As
1944-1946
A-O
*103.12 103.14
103.12
105.20
A
Treasury 3'As
1946-1949
J-D
*107
107.3
108.14
J-D
*110.10 110.12
109.14
110.29
Treasury 3s
Treasury 3s
1946-1948
J-D
1951-1955
M-S
Treasury
27As
1955-1960
Af-S
Treasury 23As
1945-1947
Treasury 2%s
Treasury
1948-1951
107.2
*106.20 106.22
110.2
110.2
109
M-S
30
f-a
*107.5
Rica
(Rep of)
107.4
108
110.28
4%s
107.29
110.17
104.25
106.9
A Public
107.11
107.7
2%s
1951-1954
J-D
*107.29 107.31
Treasury 23As
1956-1959
M-S
*108.8
loan
108.31
J-D
*108.11 108.13
108.16
109.31
External
J-D
*108.30 109
108.16
110.18
J-D
*104.13 104.15
104.21
49%
Af-N
41%
43
44
25
17%
46%
u-n
MS
F-A
F-A
J-D
17%
•»—
*100%
*102%
73%
J-D
8s ser A_1951
>
*106.16 106.18
106.17
107.7
105.28 105.28
105.24
106.23
106
107.2
103.6
104.6
1948
M-S
1949-1953
2'As
-1950-1952
M-S
*106.9
Treasury 2'As
Treasury 2'As
1952-1954
M-S
*103.14 103.16
Treasury
J-D
1956-1958
J-D
1963-1968
.
106.11
B
102.18
103.14
100.2
100.2
100.22
i oo" is
ioo"
101T7
A El
AEstonia
Treasury 2'As
1951-1953
J-D
*104.16 104.18
Treasury 2'As
1952-1955
J-J
*101.3
Treasury 2'As
100% 107
7
102% 115
A-O
34%
A-O
1942
J-D
*104.22 104.24
103.27
105.21
*103.26 103.28
104.5
104.27
MS
*101.6
101
102
J-D
*103.21 103.23
103.27
34%
68%
1
15
52
52
57'A
F-A
47%
47%
53
A-O
41
41
43%
1942
1st
Af-S
98
4
Salvador 8s
>
29
A-C
74%
M-S
72%
72%
15
AO
72%
72%
9
dep
J- J
*100.12 100.14
100.9
101.5
(Republic of)
73%
71
A-O
61
•
J-J
*17 %
J-J
*18%
29
73%
70
18
1967
73%
61%
"
71%
63
65
1948
7s
50
59
-zk
1961
55
22%
A-O
,_1969
of
58
26'%
,
3
>
1969
ctfs
20
63
:
1940.
series
35
20
*26
J-J
_1940
83
'
8
17%
6%
■
18
104.24
15 1948-1950
Dec
108
1955
5'As 2d series
105.16
J-D
Mar 15 1948-1950
2s
5'As
103%
4
108
101.21
1947
2s
Treasury
103.14
100.24
101.5
1954-1956
Treasury 2s__
Treasury
100
197
1962
5%s
§A2d series sink fund 5%s
Customs Admin 5%s 2d series
10~oIl8
M-S
II
74%
73%
108
1952
JADominican Rep Cust Ad 5%s
§ A 1st series 5%s of 1926
100.2
*102.28 102.30
12%
18%
99% 101
J-D
1967-1972
___
Treasury 2'As
MS
1962-1967
Treasury 2'As
Treasury 2'As
.
5
105% 105%
J-J
1945
17%
~
102% 102%
105.25
gold
30
18%
1977
External gold 4%s
1945
31
25%
10
1949
§ADenmark 20-year extl 6s
1958-1963
29%
25%
4
40
109.25
1960-1965
Treasury 2'As
30
44
-.1953
ASinking fund 8s series
High
25%
42%
1949
wks
2%s
Treasury 2'As
Low
42%
1944
debt
Treasury 2%s
Treasury 2'As
Treasury
January 1
No.
—
*29'%
—-
Range Since
Sold
-
j-d
1951
4%s
external
5%S__
A Czechoslovakia
(Rep of)
107.30
107.2
108.15
108.10
7s_
Sinking fund 5%s
External
High
1953
(Republic of) 5s of 1904
External 5s of 1914 series A
109.5
100.2
109.3
104.25 104.25
M-S
Costa
Bonds
■■
1952
Cuba
1949-1952
Treasury 3'As
102.6
*291/4
—
104.20
Trea
•
..
Friday's
or
Sale Price Bid & Asked
A-O
A
110.8
J-D
102.6
Week's Range
Last
Period
.ASinking fund 7s of 1927
Copenhagen (City) 5s
;
25-year gold 4%s
108.27
3%s
Friday
Exchange
Low
116.2
of
•
.
High
Treasury 4%s
Treasury
Stock
Week Ended Dec.
A Colombia
Treasury
-
New York
Government
4s
disregarded in the week's range, unless they are the only transactions
No account is taken of such sales in computing the range for the
year.
are
mature.
BONDS
Bonds
Sale Price Bid & Asked
Low
case
Exchange
YEARLY
-
NOTICE—Prices are "and interest"—except for income and defaulted bonds.
Cash and deferred delivery sales
week, and when outside of the regular weekly range are shown in a footnote in the week in which
they occur.
the
Monday, December 14, 1942
101.8
Finland
(Republic) extl 6s
French Republic 7s stamped
7s unstamped
1945
M-S
95
95
.
J-D
65
*85
1949
Treasury 2s
Jun 15 1949-1951
Treasury 2s
Treasury 2s
Sept 15 1949-1951
M-S
*100.9
100.11
100.11
100.20
A7s
part
paid
1964
Dec. 15, 1949-1951
16%
*100.6
100.8
100.4
100.6
A 6s
part
paid
:_1968
14%
85
14%
100.2
85
16%
J-D
95
66
82
1949
100.5
Greek Government—
Treasury 2s_—
Treasury 2s
1951-1955
J-D
*100.1
100.3
100
100.22
1953-1955
J-D
*103.2
103.4
102.22
103.24
Haiti (Republic) s f 6s series A_„1952,
Helsingfors (City) extl 6%s_^
1960
A-O
Treasury 2s
1944-1964
MS
*103.1
103.3
103.23
104.20
Irish Free State extl
1944-1949
M-N
*103.4
103.6
103.4
8
16%
6%
15%
104.25
Federal
Farm
3'As
1950-1952
100.5
-
Loan
—1944-1952
series
1945-1947
M
York
Unification
Af-N
103.1
103.1
103.1
101.7
101.10
101.10
1960
1954
Issue—
sink fund
1980
6s
AGtd sink fund
6s
1947
J-D
103%
103% 104 %
-
f-a
/.
A-O
43%
Af-S
*45%
J-J
I
15
AExternal
s
f
7s series B
1945
J-J
V
15
s
f
7s series C
1945
J-J
coll 7s A
s
f
AExternal
s
f
7s
1945
7s series D
1st
—1945
series
68
a-o
f 7s 2d series—1957
AExternal
s
f 7s 3rd series__1957
AAntwerp (City) external 5s
1958
Argentine (National Government)—
:•/•
43%
2
43'%
25
1
75
-
25%
32%
.'
*
15
8
10%
2
-10%
15%
1
llrr.
15
15
15
1
10%
15%
15
15
15
15
■
15
5
10%
10%
15%
a-o
15
15
3
11
45%
3
18%
95%
95%
*44
81%
81%
81%
5
71%
74%
74%
75'%
13
65%
74'%
74%
75
75
65
75%
80
44
38
5s
1927
of
5s of '25-1955
1957
1956
1928
81
75%
81
44
38
71%
76
68
36%
M-S
Af-N
•:
M-S
J-J
f 7s
1955
J-D
SABrazil (U S of) external 8s
AExternal s f 6'As of 1926
1941
J-D
35'%
1957
A-O
33
1957
a-o
33
1952
1957
1958
1950
J-D
6'As
f 6s
External
s
AExternal
A 7s
s
f 6'As of 1927
(Central Ry)
Brisbane
(City) s f 5s
Sinking fund gold 5s
*97% 100
88
•••,
.
...
95%
43/8-45As
■
—.
.
83
"I
1959
u-n
r
Af-N
66%
100
83
A 6s
66%
63
56
67%
6
56
57%
69
10
59
AExternal
A 6s
10
43
49%
107
l6i3/4
107'A
6
101% 101%
71
A 6s
97%
6
.
101
2
66
96%
97%
62
97
J-J
U-N
100'A 100%
U-N
1942
97
23
*11
19%
19%
sink
fund
sink
fund
19'A
19%
19%
2
A-O
18'A
18
18%
L:Feb
1961
F-A
19%
19%
1961
F-A
18'A
18'A
Jan
1961
J-J
19%
19%
Jan
1961
J-J
18%
18'A
M-S
Sep 1961
Y-S
18'/a
sinking fund 6s_
;i962
-1962
assented
1963
A-O
A-O
*19%
18%
93%
APernambuco
A 6s
20%
19'A
13
60
12%
19'A
19%
3
13%
20'A
18%
22
12%
19'A
19%
2
15'A
18'%
49
13'A
19'A
14%
20%
13'A
19'A
15%
20%
13
20
34
•
—
18%
1
23
13%
20'A
18
18%
28
13
19'A
Af-N
J-D
18%
18%
1
13%
19
J-D
16%
16%
4
12%
18
J-D
13
18%
A 7s
18%
18%
A-O
of
16%
17
Af-N
1960
M-S
——1960
1928
A6s
of
M-S
1927
external
s
—Oct
_Jan
f $
For footnotes
bonds—._.
-
see
page
12
2112.
1961
\
1
44
83%
27
82%
48
86
2
83% 100
99%
1
84
•
16%
17
*14
A-O
1961
—~
19
53
82%
8
51%
78%
77%
1 r
50%
77%
50
70
6
27%
74%
65
57%
65
57%
70%
0
J-D
A-O
51'/4
38%
a"
Af-N
80
_
72
—
A Peru
Af-N
Af-S
1959
M-S
ANat loan extl
f 6s 1st ser—,.1960
s
ANat Loan extl
f 6s 2d ser
s
1961
69
70%
external 7s
(Rep of)
*65
J-D
——
72
70
70%
22
*103% 106
■
12%
——
13%
101% 104
13%,
37
8%
,
,,
13%
14%
A-O
13%
13%
14
7%
15%
12%
13%
69
7
15%
12%
J-D
13%
23
7%
15%
,
•!
1940
1958
A-O
A-O
13%
13%
13%
A Stabilization loan s f 7s——1947
A-O
18%
18%
18%
1968
A-O
11%
12%
5%
13%
1950
1963
J-J
16%
15%
16%
7%
17
13%
13%
5%
14%
15
15
15
9%
16%
14%
14%
8%
16
gold 6s.
(Rep of)
A4'As assented
sink fund gold 8s
AExternal
A4'As assented
APorto Alegre (City of)
AExternal loan 7'As
A
J-D
1966
J-J
Prague (City of Greater) 7%s—1952
1947
extl 6s
Queensland (State)
J-J
1961
8s
*13%
Af-N
—~
F-A
—
12
;
88
12
7%
14%
14
"•
*25%
■
de
A Extl
Janeiro
■
19
10%
33
15
50%
88
10
„..
88
8s
municipal
A-O
16%
15%
17% '
30
F-A
14%
13%
14%
55
8%
11
10%
17%
14%
(State of)—
1946
1921
J-D
U-N
1967
loan
17%
A-O
1968
1960
gold
A7s external loan of 1926
A 7s
1946
1953
(City of)
6'As
sec
J-D
1964
Af-N
•'
——
16%
Af-S
1952
1957
1936
>•-»
17%
18%
15%
16
12
8%
16%
16%
16%
20
9%
16%
Santa Fe external sink fund 4s
A Sao
Paulo
(City of Brazil) 8s
,A6'As extl secured s f
Paulo (State) 8s
SASan
,
16%
16%
*71
——
Af-N
17
*17%
15%
1
10%
167/a
62%
'
71
19%.:
16
42%
....
4
__
11%
18%
11
167/a
32
42%
1950
J-J
32%
16
26%
33
loan
1956
M-S
30
30%
2
25
30%
dollar loan
1968
J-J
31%
31%
32
9
20%
61%
1940
A-O
62
61%
62
7
54%
66
10%
15
4%
12
10 %
8
4%
11%
A8s external
A 7s
extl water
A 6s
extl
{A Secured
s
f
7s
Serbs Croats & Slovenes
——
32
(Kingdom)—
external
A 8s
secured
series B
1962
Af-N
10%
extl
1962
Af-N
9%
sec
ASilesia
(Prov of)
A4'As assented
Sydney (City)
32%
s f
11
extl 7s———1958
-—1958
J-D
*_-
.1955
F-A
78
5%s
——
18%
1946
F-A
12%
18
AExternal sink fund 6s
1960
Af-N
AExternal sink fund 6s
1964
Af-N
18
3%s-4-4'As
10%
40%
__
71%
77
73
77
51%
63
.
78
*78
13
12
78
*78
19
4%
17%
12%
4%
11%
J-D
2
25
17%
3
16'A
5
20
73%
*41
J-J
12
14
17%
11%
17
12
15%
51%
39%
52
51%
j-j
a-o
17%
16'A
J-D
1970
F-A
82%
78%
77%
82%
'
1970
99%
81%
78%
64%
;
13
Af-N
1951
99%
14%
A-O
(Hukuang Ry) 5s_.
(Republic of)—
A6s
3s
17%
1962
assented
Colombia
16%
1961
A Chilean Cons Munic 7s
AChinese
81%
100
19%
18%
20%
19'A
1961
A6s assented
86
80
21
1962
assented
Af-S
A-O
1947
A 6s external sink fund
18%
17%
^
7s
(State of)
A8s extl loan of
19'A
J-D
,
Af-S
10
Af-N
1961
AGuaranteed sink fund 6s
100
99%
..1967
98
1961
AGuaranteed sink fund 6s
79%
;
——
1955
ref 3%s series B
sec
ARio
1957
A6%s assented
—1963
A Panama
A 7s
ASinking fund 6%s
1956
sink fund 4'As
(City)
Rio Grande do Sul
1963
A6%s assented
17%
V 70
—
98% 100%
1957
AChile Mortgage Bank 6%s_
F-A
-.1965
Municipal Bank extl s f 5s
97% 102
13
*191/2
sinking fund 6s_
4%s_
4'As
sink fund extl loan
98% 100%
93% 98'A
15'A
*18'A
Sep. 1961
103% 107%
100% 102 y8
5
19%
19%
assented
AExternal
17%
75
■
81%
F-A
1944
6s
4s
69
44%
M-N
—
*80
*"■"*
a-o
1943
External
67
69
44%
A-O
assented
1958
External
68%
1960
sinking fund 6s
A 6s
a
f-a
1957
5s
External
67
Feb
assented
A Extl
f
Norway external 6s
100
66
1960
6s
9%
10%
«
*85%
(State)—
f 5s
s
A4'As assented
1942
f 6s
14%
74%
*66%
69
A-O
1968
s
13
r
100
83
67'A
J-J
1954
assented
Wales
44
81%
J-J
sinking fund
series A„_.
70
*70
1967
a 6s
5%
6
'
36%
F-A
101
ARy external
1
/
71'/8
100% 100'A
A Extl
: 6
16%
J-D
7s
34%
J-J
assented
16%
16%
1952
(City)
19%
J-J
sinking fund 6s_
16%
Af-S
37
1961
assented
8
46
1944
A 7s
37
14%
«*«»'
•
:•
i
A 6s
12%
14%
33
3'As
2'As
AExternal
]2'%
;
J-J
j-j
(State)—
31%
25-year
f 7s.
12 %
14%
1945
6s of 1913 assent--... 1933
34
Af-N
s
10%
18%
F-A
(City) 8s
External
13%
5%
43
1945
3s
5%
71
33
1952
(Rep)
"2
9%
30%
L—'—
30-year
13%
9'%
Ext
2'As
AChile
5%
13%
9'%
M-S
s
5
13%
36%
10-year
3s
*13%
Q-J
10%
Q-J
3959
South
5%
J-D
34
*71%
1975
1960
—'
1954
18%
Af-S
1984
30-yr 4s—
1945
22%
1976
A Carlsbad
12
.1945
4
A-O
f $ bonds
•
I-
1958
J APoland
f 4'A-43As
extl 5s of 1899 £
66
F-A
30-year
8
46
1976
7-year
9'/a
33
Refunding s f 4'A-4'As
(Dora of)
9%
35'%
MS
Canada
u-n
99%
1977
s
82%
33
*73%
s
72
f 6'As
External
*70
external
1
31%
J-D
3%
80%
(Rep) extl s f 5s ser A_1963
AStamped assented 5s
1963
Stamp mod 3'As ext to
1994
MS
A 6s
External
80%
97
Buenos Aires
External readj
15%
j-d
97
—
1961
fund gold 6s_
(Province of)—
Sinking
8
99
—
stamped-.
External s f 41/b-4%s
>'
2
76
-
1955
s
15%
f 6'As
External
81
76
J-J
1949
External
15
s
Oslo
Belgium external
J-D
1943
80
1972
External g 4'As of
5%
s
New
75%
80
1972
External
78
5
external
A 6s
75%
A-O
loan 4s Feb
3 f extl conv loan 4s Apr
(Commonw'lth)
;69
—
10
ASec external
82%
f-a
u-n
Australia
A Sec
45%
1971
loan 4'As
conv
62%
4s of 1904
4s of 1910
AMontevideo
15
45
u-n
„\'fS f extl
—
68
47%
10
V-V
—
15%
4
~
j-d
1948
-S f external 4'As
conv
55
5s of 1899
Minas Geraes
15%
15
15
(US)
AAssentlng
AAssenting
AAssentlng
SATreasury
44
32%
.
■
f
1 v.:
1954
6'As
A4%s stamped assented
44
15
15
15
a-o
s
S
*81
—
-
98% 100
15
J-J
1957
AExternal sec
sec
43
1968
4s
AExternal
AExternal
(Colombia)
(Prov) 4s readjusted
AMexico
1948
(King of Norway)
(Dept)
;;
a-o
s
66%
63%
Mexican Irrigation—
Foreign Govt. & Municipal
Agricultural Mtge Bank (Colombia)—
AAntioquia
*60
u-n
.
Akershus
66%
t-
104.23
*101.5
J-D
City
Corporate Stock
AGtd
f 5s_
1957
Mendoza
New
3%
66%
.
A-O
AMedellin
Corp—
3s series A
Transit
1
AJugoslavia (State Mtge Bk) 7s
-
Owners'
l%s
*100.3
Mortgage Corp—
3s
Home
MS
51%
37%
52
38%
387/a
29%
39'A
AUruguay (Republic) extl 8s
External
External
*78
($ bonds of 1937)—
readjustment
extl conv
4-4%-4%s extl readjustment
3%s extl readjustment—
A Warsaw
(City) external 7s
A4%s assented
Af-N
62%
1979
Af-N
*59%
1978
J-D
1978
F-A
1984
J-J
——1979
conversion—
3%-4%-4-ft
63
22
51%
—
60
58%
66
59%
~8
51%
59%
%
66 %
34
54
66%
11
65
54%
55
41%
55
1958
F-A
11
11
4%
11
1958
F-A
11%
11%
3%
11%
i
Number 4133
Volume 156
2109
THE COMMERCIAL & FINANCIAL CHRONICLE
NEW YORK BOND RECORD
Friday
BONDS
Interest
Stock Exchange
New York
or
Low
A unstamped
J-D
J-D
1953
1953
coll tr gold 4s„—1948
Coll trust 4s of 1907
—1947
AStamped
4s series B
cons
1st
Power
mtge
J-D
*101%
*102% 103%
J-D
J-D
J-J
*104%
assented.
warrants
with
6s
3'/as—1946
1946
————1944
5s modified
———1949
5s modified
1950
A5s income——————,
;„__1950
registered
modified^.,
Alleghany & West 1st gtd 4s
—
*92 Vi
94
1949
American Telephone & Telegraph Co.—
3'As debentures
1961
3'4s debentures
_____1966
3s
deb
Co
Tobacco
3s_.
Am
Wat
A
163
103 »/e 103%
106% 107
107
106% 107'A
103'A
_—1995
A-O
111%
_1995
1995
1955
Nov
M-N
J-D
Adjustment gold 4s——-
4s of
,_i
Conv
Second
91%
92
7
88%
Q3
22
87%
104% 104%
6
101
4s
mortgage
.
8
101
M-S
J-D
J-J
73
74
17
62%
75
17%
16%
17%
126
13%
22
16 %
16
16%
18
14
20
15%
16%
73
12%
J-j
1987
109% 112%
2
100% 103%
7
109
101
83 %
82%
84 '/a
61'A
61'A
63
76
1959
J-J
Atlantic Refining
1953
.
*101 si
.
87%
66 %
94% 10211
193
63%
77%
7
30%
40
71%
72%
31%
32
28%
,
71%
31%
M-S
104%
57%
39
J-D
M-N
M-N
J-J
J-J
110
74
M-S
29%
3
25%
100'A
100'A 100'A
6
95 %
106
106
102
1
106
14
1950
—_1950
M-S
104
M-S
102'A 104
Prod 5Vis A„
Champion Paper & Fibre—
S f deb 4%s (1935 issue)—
S
(1938 issue)
deb 4%s
f
81%
81%
83%
62
75
49
58%
78
95 »A
126
54
89
*86
95%
80%
41
95%
93%
95%
68
72%
52%'
52%
107
59
82%
*69
F-A
109%
8
108% 108%
Chesapeake & Ohio Ry—
General gold 4 Vis
Ref & impt mtge 3Vis D
Ref & impt M 3%s series E
—1992
1996
1996
Potts Creek Br 1st 4s_——
1946
J-J
*106
1st cons gold 4s
1989
1989
J-J
*118% 119%
R & A Div
consol gold 4s
2d
105 'A
registered
33
100%
106
;
1st & ref 4%s series B
ref 5s series A
117% 121%
114
114%
15%
16'A
720
13
25
93
16
93%
3
85
94%
81%
93'A
93%
16
96%
96%
96%
J-J
90
97%
88
97'A
94%
83%
M-S
80%
81'A
59
73%
64%
64%
65
53
62'A
72%
F-A
73
,72%
73%
65
71
80
J-J
& Eastern 111 RR—
mtge inc (conv)_
80%
F-A
1997
1st gold 5s___—_—1982
Chicago Gt West 1st 4s series A—1988
AGen inc mtge 4%s
2038
AGen
2
130 Va
__
114
1949
—1958
1977
1971
General 4s_—
&
100% 104'A
«__1949
registered—;
4s
100% 104
55
114
J-J
1949
Division 4s
58
"
J-J
3Vis
5
101% 102%
130
102
F-A
Chicago Burlington & Quincy RR—
Illinois division 3%s
—1949
Illinois
126
129% 130 %
102% 102%
M-S
M-N
A-O
Chicago
17
103
19%
13%
19
*14'A
M-S
1st
103
103
110% 112%
•110%
74
M-N
110% 112%
*109%
Atl Gulf & W I S3 coll tr 5s__
deb 3s—
20%
1948
97% 101%
''
102% 102%
111% 112
112
J-J
1948
11
A-O
105%
1962
._
4
1954
—I960
§ ACent ral RR & Bank'g of Ga 5s__1942
105
104% 104%
__1946
_1944
17%
1st ref gtd gold 4s_1949
96
—*
—1964
17%
J-J
Through Short L 1st gtd 4s
Guaranteed gold 5s
95
91%
91%
*.1-
5s
tr
106% 112
45
113
May 1 1945
L & N coll gold 4s
Oct 1952
Atlantic & Danville Ry 1st 4s__
1948
10-year coll
111% 111%
103%
July 1952
17%
AChicago & Alton RR ref 3s____—1949
*100
4Vis A—
unified
28
J-J
1987
Power 3%s
N Y
Central Pacific
100% 106%
*
*112
1st gold 5s___
1st cons 4s
Coast
20
103'A 103%
15%
F-A
100% 106%
36
103'A 103%
6
A-b
99% 101
*100
J-J
1st & ref 4Vis A____
General
56 »/4
57
J-D
30-year 5s series B
Atlantic
57
69%
1958
1st 4s_
Charl A L 1st 4Vis A—_1944
1st
55
58
J-D
gold 4s of 1910
Cal-Ariz
34
1960
1905-
Trans-Con Short L
Atl &
87
7
16
—1955
Conv
Atl Knox & Nor
51
55
Fe—
General 4s—___
Stamped 4s
Conv gold 4s of 1909
97
54%
J-J
Atchison Topeka Si Santa
108
96'A
96%
27
101%
103% 106'/a
106%
*106
25%
1962
109'A
100
39
103'A
—1995
106
148
100% 101 %
J-J
Memphis Ry Bdge & Term 5s 1964
& Co (Del) 4s B
1955
1st sink fund 4s series C (Del)_1957
105% 108%
31
100%
Jan
Q-J
M-S
F-A
Arbor 1st gold 4s__
105% 108%
27
107 'A
107
107
M-2V
tAnn
101% 104'A
93
101%
16
;
.
8'A
27
A-O
—1966
1961
1987
—1987
registered
Central
Certain-teed
Wks & Elec 6s series A—1975
Armour
75%
59%
16
100% 101 %
Anglo-Chilean Nitrate deb———1967
Ark &
105% 108%
10
73%
72%
4s
AGeneral
8%
3
J-J
1st gtd 4s__
registered
5s
59
68
3
J-D
JACentral of N J gen gold 5s
4s
M-S
A-O
1950
Type Founders conv deb
Am
Light 3%s
JACent New Eng
58'A
A-O
J-D
1956
.1962
debentures
conv
Amer
40
Central Illinois
J-J
_
6
64
103 %
Corp conv 5'/2s
Internat
Am
5%
92
107% 107%
24%
5%
76%
73%
10%
A-O
51
100% 104%
152
21
63
29
76
23%
6
78
102% 102%
36
45%
5%
7
41
23
54
21%
41
60
20
69%
6
283
25
30»/4
23
71%
58'A
102'A
1949
5 Vis
G Chem conv
Amer I
92%
62
93 'A 100
A-O
58'A
51
55
99% 101
7
67%
30'A
M-N
5 Vis series B
ARef & gen 5s series C
70'/4
50
42%
22
100% 101
—1959
1959
AChatt Div pur money gold 4s__1951
AMobile Div 1st gold 5s_.
1946
ARef & gen
70%
*__
5
47%
98%
30
101
F-A
90%
50
46%
98%
J-J
J-D
89%
M-N
Corp 4%s debs
Stores
85
J-D
99% 103
1948
mtge 5s
§ A Consol gold 5s
94%
1
F-A
60%
106% 108%
9
Nov 1945
1945
A 1st
90
F-A
M-S
M-S
1951
Allis-Chalmers Mfg conv 4s—1952
Am & Foreign Pow deb 5s„——2030
Allied
81%
62%
93%
Corp 3%s debs—
deb 4%s w w„
Branch U P 1st gold 4s
ACent
63
62
A-O
1998
55
103
High
47
"2
JCentral of Georgia Ry—
63
8
Alleghany Corp—
5s
54
108%
103
1981
Celanese
104% 107'A
4
108%
M-N
—1962
1947
gtd gold 4s
& Adir 1st
M-S
1950
Celotex Corp
103%
11
62
93%
62
106%
104'A 104%
103
J--*
__
61
F-A
J-D
A-O
A-O
3%s
102
„
107'A 107'A
A-O
A-O
Albany & Susquehanna RR
—
*103%
A-O
1948
Cart
98 % 101'/a
F-A
A-O
62%
100% 101%
—1946
6s_—1948
Albany Perfor Wrap Pap
44%
2
48%
*101
5s_—1943
1943
3%s
1972
10-year deb 4%s stamped
Gt Southern 1st cons A
Ala
1st
48%
M-S
Low
No.
61
J-J
1965
Corp 5s w w
Carriers & Gen
*56
Range Since
January 1
Sold
High
1949
Clinch & Ohio 4s
72%
Bonda
Friday's
or
Low
65%
•
70Vi
*68
Last
Sale Price Bid & Asked
Period
11
High
Carolina
•
Adams Express
Alabama
Low
Dec.
f§ACarolina Central 1st gtd 4s
JAbitibi Power & Paper—
series
No.
High
Ended
Week
Week's Range
Friday
Interest
New York Stock Exchange
Range Since
January 1
Sold
Companies
Railroad and Industrial
§A5s
Bonds
Friday's
Sale Price Bid & Asked
Period
11
Week Ended Dec.
BONDS
Week's Range
Last
31
30%
31%
135
37
11
68%
45
32%
J-J
.
32%
2
30%
38
30%
32%
J-J
12
36
J-J
A—1947
1947
ARefunding 4s series C—______1947
A 1st & gen 5s series A—
1966
A 1st & gen 6s series B——May 1966
Chicago Ind & Sou 50-year 4s
1956
JChicago Milwaukee & St Paul—
XAChic Ind & Louisville ref 6s
ARefunding gold 5s series B
65
61%
33
64%
65
J-J
34%
21'A
116% 123
*118
M-N
Chicago & Erie
30%
4
28
36
28'/2
5
26'A
34
28%
28%
M-N
6%
6%
7
14
6%
J-J
7
6%
7
36
6%
11
66%
67
2
56%
70
105
33%
51%
20
J-J
J-J
"
10%
& Ohio
Baltimore
A-O
due____—July 1948
A-O
1
Oct
1946)
1
Dec
Ref &
to
1
Pgh L E & W Va System—
Ref gold 4s extended to
S'west Div 1st M (int at 3%%
30
31%
33%
28%
28 'A
M-S
M-S
F-A
M-N
1951
J-J
J-J
due
J-J
Aroostock RR 1st 5s____1943
—_____-1951
J-J
J-J
J-D
A-O
J-J
A-O
J-J
J-D
• A-O
A-O
J-J
———1956
Beth Steel 3 Vis conv debs.—1-1952
Consol mtge 3'As series F——1959
Consol mtge 3s series G1—1960
Consol mtge 3'As series H___—1965
debentures
V"
*
F-A
M-N
F-A
M-N
lien & ref 6s series A____—1947
gold 5s
—__—1950
1st lien & ref 5s series B
—1957
J-D
M-N
1981
1967
Buffalo Gen Elec. 4Vis B—_.
Niag Elec 3Vis series C
Buffalo Rochester & Pgh Ry—
modified
3%
to
1946)
.
at
(interest
• •;
,<
Bush. Term Bldgs 5s gtd—1
.
California-Oregon Power 4s—
I960,
1966
Canada Southern cons gtd 5s A___1962
gold
39%
28
44%
165
24%
39%
44%
42%
45
91
34'A
53
F-A
18
17%
18%
1,114
8%
19
•
48%
47 %s
99%
99%:;>
58%
60
4
■73
48
60%
53
49
60%
45
48
72%
83%
59%
60
6
*44
82
104%
j
82
104% 104%
129% 129%
*99%
98'A
98%
'2
19
1
127% 130%
26
96%
100%
98%
102 Vi 105%
104% 104%
12
102% 105%
,
100
100'A
102% 103
7
"'•*—
*102%
104'A <
4
321
34
25
32%
3i%
33%
54
23
35
33
31%
33
14
22%
35%
*
200
31%
23
36%
33
33
20
22%
35
38%
40%
51
26
42%
14%
26'A
34
64
J-D
22
21%
22
J-D
22
21'A
22%
108
13%
25'A
J-D
22
21'A
22'A
43
14%
25'A
2%
3%
414
l'A
105
85%
75%
71%
10
75 Va
66%
76
18%
929
18%
19%
3%
3'A
3'A
*67
guaranteed 5s
Dec 1 1960
deposit—
ACertificates of
—
Union Station—
1st mtge 3%s series E———__1963
116
23%
1
108% 109%
23%
39%
5
39%
23%
*81'A
29%
43%
14
27%
107
109%
100% 100%
81%
81%
98%
104% 105
15
100% 106
104'A 105
105
11
98% 108
81%
34
72%
99
12
88% 105
81'A
98
88%
115%
*114%
113
*110%
110% 110%
32%
32
33%
82
10%
10%
10%
50
10
47
*76
59%
59%
*77
.A-O
32
5%
5%
A-O
12%
78
83%
53
63'A
70
4
106
79%
19
78
10
104
78%
13
60 Vi
108% 108%
A-O
41%
80%
80
109
81%
108%
85
109%
107% 107%
17
104% 108%
A-O
111% 111%
13
107% 112 %
F-A
112
111%
112
110% 111%
4Vis
1956
F-A
*109
4Vis
1951
M-S
108%
108
108%
J-J
111%
2
108
112
10
105
111%
109%
gold
Childs Co deb
Debenture
5s—
5s
J-J
70
1946
M-S
99%
equipment trust ctfs
Coll trust gold 5s
1944
1954
J-J
J-D
93'A
Collateral
I960
J-J
88%
1st
Cin
__
55%
47
56%
62%
59
68
48%
45%
54
43%
45
21
105% 103%
13
100%
100
V
99'A 102%
97%
20
92%
97
26
94%
99%
45'A
45'A
96
46
13
36
50
40
A-O
A-O
95
95%
1957
.——.—
mtge 3%s——______
1967
1st gtd 3%s D—1971
gtd 3%s series E
Cleve Cin
40%
26%
series E—
Cin Wab & M Div 1st 4s„
St L Div 1st coll tr gold 4s_
Ref & impt 4%s
,
Cleveland Elec Ilium 3s
28
J-J
J-J
M-N
.
38%
•
109% 111%
__
108% 110%
109% 109%
*99%
46%
:
106
J-J
65
112
99%
76
85
85
44%
65
12
69%
*__
44%
99
—
68
49%
30%
106% 110
17
110
J-D
.
7
109'% 109%
46%
240
4 7'A
10
65
11
30
106%
—1948
1950
M-N
F-A
86
42%
53%
44
52%
64
..74%
104% 108%
*105
1977
Gen & ref 4%s series B
;198l
Cleve Short Line 1st gtd 4%s—_ 1961
Cleve Union Term gtd 5%s
1972
1st s f 5s series B gtd
1973
1st s f 4%s series C
—x
1977
Coal River Ry 1st gtd 4s_—
1945
Colo Fuel & Iron gen s f 5s—
1943
5s income mtge_—
—1970
AColo & South 4%s series A
1980
ACertificates of deposit
—
Columbia G & E deb 5s
May 1952
Debenture 5s
Apr 15 1952
F-A
J-J
A-O
A-O
*105% 107%
77
A-O
A-O
65'A
60%
3%s
gtd
Series D 3%s gtd
Series
C
General 4%s series A
1961
Debenture 5s
4
108% 111%
Columbus
26
105%
__1993
1977
1991
.1990
—1970
3
30
Cleveland & Pittsburgh RR—
70%
89% 100
'
*111
109%
J-D
1993
General gold 4s___
General 5s series B_—
111% 111%
& Tol
ACommercial
Income
105'A 105'A
7
93'A
93%
18
81%
95%
1st
88%
89'A
62
77
90
Conv
103
M-N
F-A
J-J
1?9%
Chic & St Louis Ry—
Columbus & Sou
72 %
F-A
J-D
,.
1943
1st mtge
Columbus & H V
62
M-N
_1969
Clearfield & Mahoning Ry 5s
103% 108%
115
80
96'A
J-J
M-S
Union Term
103% 109%
99% 100
5%
68
*41%
1952
—1962
} A Choctaw Ok & Gulf cons 5s
1952
Cincinnati Gas & Elec 3%s_——-1966
34
70
21%
1%
107% 108
108
1
39%
10'A
112
62'A
V
1943
1st & ref 4'As series D
19 %
234
48%
J-J
J-J
.—1963
34%
34
67
*__
62'A
Chicago
mtge 3% s series F
West Indiana com 4s__
"
9%
70
*__
18%
2
92
74
95
17%
19'%
J-D
J-D
M-S
Income
1st
79
32
J-D
1st 5s___1960
Chic &
*70
70%
1951
_1951
33
30
18
M-N
J-D
,
30%
32
A-O
M-S
18
626
3 2'A
—
4'A
59%
40
53
*47
V J-J
Memphis Div 1st gold 4s_,
Chic T H & Southeastern
103%
*92%
70%
1988
______
——-I960
5s
1951
gold 4%s_
AConv
2%
F-A
_—1927
Chicago St L & New Orleans
Gold
3%s
102%
74
M-N
gold 4s„_—_—1934
§ASecured 4%s series A
__1952
101
gold
35
33%
33
M-N
§ ARefunding
103
Guaranteed
2112.
32%
22'A
*
34
tAChic R I & Pac Ry gen 4s__
ACertificates of deposit
„
Guaranteed
page
22
3 2'A
31'A
33'A
40%
}§AChicago
25% part paid—
98% 102
101
1969
Cariadian Northern Ry deb 6Vis___1946
Can Pac Ry 4% deb stk perpetual
34%
M-N
A—.____——1949
Railways 1st 5s stpd
104
78
9%
.
104% 108%
98
99%
98%
95% 100
37
104
104
A-O
•
20%
61
58%
47
M-N
AConv 4%s series
45
31%
M-N
53%
44'A
30%
————1987
43
36%
5%
31%
M-N
stpd Fed inc tax—_1987
54%
J-D
4%s__,
5s
48%
43
1%
M-N
registered—
.—1987
AStpd 4s n p Fed inc tax—1987
AGen 4%s stpd Fed inc tax__—1987
45
35%
873
M-N
34%
44'A
4%
M-N
66
36%
4%
-1987
4s
49%
89
4%
M-N
6%s_—
——1936
A 1st & ref gold 5s
—May 1 2037
A 1st & ref 4%s stpd.
May 1 2037
A 1st & ref 4 %s C
May 1 2037
•
* J-J
■
A-O
registered—.—1987
AGeneral
AGen
1955
4Vis
series A
1975
AConv adjustment 5s
._Jan 1 2000
^Chicago & North Western Ry—
AGeneral gold 3%s
___
1987
A4%s stamped.—
J-J
5s
series F
39
108%
Oct
series E
4%s
42%
1970
5s__.;
see
53%
J-J
4%s
AGen
18%
4%s
footnotes
34
24%
gold
For
138
236
Guaranteed
trust
44%
303
J-J
Guaranteed gold 5s
Coll trust
42%
29%
—July 1969
gold 5s
Guaranteed
44%
24'A
1957
Canadian National gold 4Vis
29%
A-O
.
—1955
5s__—
94
*
M-N
^
—1957
due
Guaranteed
53
May 11989
,_May 1 1989
J-J
28'A
F-A
J-D
fBurlington Cedar Rap & Nor—
5 A 1st & coll 5s
-——1934
A Certificates of
deposit
Bush Terminal 1st 4s
:
1952
Consolidated
34
22%
M-N
■■
Debenture
Stamped
65%
•
F-A
M-S
M-N
A-O
J-J
M-N
Knox 1st mtge
Buffalo
48%
317
28%
J-D
mtge 4s——__1944
3Vis__
1950
Boston Si Maine 1st 5s A C
1967
1st M 5s series II;
—1955
1st gold 43As series JJ
—1961
1st mtge 4s series RR__—.——I960
AInc mtge 4Vis ser A
.-July 1970
tABoston & N Y Air L 1st 4s__—1955
Bklyn Edison cons M 3'As—
—1966
Bklyn Union El 1st gold 5s_
—1950
Bklyn Union Gas 1st cons gold 5s_1945
Big Sandy 1st
1st
32%
45
23'A
F-A
-
■'
*■
•
40'%
42'/4
§ A Secured
stamped
1951
Battle Creek & Sturgis 1st gtd 3s__1989
Beech Creek extl 1st gold 3Vis
1951
Bell Telep of Pa 5s series B—1948
1st & ref 5s series C__
______1960
Belvidere Del cons 3Vis—•—
1943
Beneficial Indus Loan 2'As
1950
Blaw
44
39'A
44%
4s
4s
23/4S
41%
39'A
J-J
3%s
ref 4s—_:
Con
62%
24'A
241
28%
31%
1950
Cin Div ref 4s A——_1959
Bangor &
54%
198
59
28%
—
Toledo
57'%
58%
(int at 1% to
1947)
44
J-J
tChic Milw St Paul & Pac RR—
J-D
due
2000
Ref & gen ser F (int at 1% to
Sep 1 1946) due
—1996
AConv due—
Feb 1 1960
1
58
* J-D
1995
due
1946)
Sep 1 1946)
Jan
52%
195
(int at 1 Vn%
C
ser
J-J
A
AMtge gold 5s
(int at 1% to
due—
1995
Ref & gen ser D
to
56'A
56%
ser A
1946)
gen
Dec
May 1 1989
series
AGen
mtge gold 4s___
Ref St gen
4s
gold 3%s series B—May 1 1989
4%s series C
May 11989
AGen
RR—
—July 1948
Stamped modified bonds—
1st mtge gold
(int at 4% to
1st
AGen
AGen
,
B
deb
J-D
F-A
A-O
M-N
1970
1st extl 4s
1955
' A-O
M-S
F-A
Apr 1 1969
May
1st extl
105
I
21%
83%
77%
15
75%
84
64%
66%
48
63%
71%
60%
61
58
66%
,77
86%
100 ^ 100 7,
83%
83 %
22'A
21%
1031/2 103 V3
3
100 A
5
79%
90'A
91
86%
87%
66
6
67
89
28
24
84% 102
85
102
78% 101'A
109
113
108% 108%
103'A
15
21%
94
22
89%
*109
108 %
112
,
90'A
90
2
109
106
109%
21
56'A
*111%
56%
——1968
J-D
110'/4
1
J-J
108%
1958
108
63%
*103%
Commonwealth Edison Co—
mtge 3%s series
debs 3%s_—
105
105
72'4
Corp—
w
108
105
1
105
5
*21%
M-N
A-O
J-J
Ohio El 3'As
Mackay
w
gold 4s__1948
.
108
*106
56%
44
110% 110%
15
108% 111%
108'A 108%
47
106
53%
109%
THE COMMERCIAL & FINANCIAL CHRONICLE
2110
Friday
BONDS
Ended Dec.
Week
Interest
Stock Exchange
York
New
Period
31
Week's Range
Last
or Friday's
Sale Price Bid & Asked
Low
Riv 1st 4s_»«
Conn Ry & L 1st & ref 4%s—,
Stamped gtd 4'/aS—_——-
1943
1951
1951
J-J
Conn River Power s I 3%$ A-_
1961
BONDS
Bonds
Range Since
Sold
January 1
High
No.
Low
Pasump
&
Low
109% 109%
108% 110
movi 110%
108% 111
debentures
3%s
debentures——
-1
*
—
debentures
3%s
Consolidated Oil conv
{AConsol Ry
102% 103 Vi
28
102% 104%
Louisville Div-& Term gold
104 %
104
48
104
106 V*
Omaha
A-O
106%
106% 107
8
103
107
St. Louis Div & Term
ADebenture
4s
ADebenture
f
*33
35
J-J
*32%
36
J-J
1st
M -N
.1970
M-N
.1966
M-N
.1969
M-N
.1950
A-O
f debs—l .1955
J-D
mtge 3
1st
mtge 3%s
—.
Co 2Vis
f debs
s
Crucible Steel 3%s
s
§ACuba Northern Ry 1st 5V2S—..—1942
1
RR 1st
5s
gold—T——19'52
receipts
Deposit
1946
to_
37 V*
23 Vi
series
extended
B
98
107
4
T110%
110% 110%
4
107 % 108%
82
59%
60
56-
56
-.
15
53
59
41
42%
16
40
46
39-%
49'/*
43
54
95
79
79
63
56
66
94%
J-D
Y-b
;__1955
99 Vi 101%
1
{Alnter-Great Nor 1st 6s series A.1952
90%
98
26
37%
100
v
-
95%
,
23'/*
33%
39 Va
1
30
40%
16
28
35%
38 Va
■A.1st
;
38%
23%
33 V*
Int
,
38 Vi
30%
38
27%
9
23%
95 Vi
14
86%
33% V
95%
Rys C.ent Amer 1st 5s B__
1st-lien
& ref 6Vbs^--_—^
Cent Ry
45%
297
40%
37 Va
47%
J-J
; *73%
J-J
;
M-S
66%
A-O
104%
101%
»
J-J
104%
101% 102
103%
:
25
A-O
25%
26%
99% 104
11%
29%
:;24%
,
5
26
46
11
28
68
Va
1%
6%
,
25%
25%
21
11%
28
38
38
'
39'/a
37
21%
39%
10
J-J
102% 103%
M-S
104% 105
M-N
*9I'/8
F-A
94
J-J
62%
F-A
66
102'% 105
104%-105%
9
85
93
96
94-
94%
13
60
62%
289
35%
62%
63%
,
M-S
*
99% 102'%
137
25%:
A-O
"
2
4%
.
•
102% 105%
; 14-
Vi 7
103% 103%
26%
27'%
,108% 108%
104
A-O
A-O
82%
19%
23
*108% 110
;■
;
80
*20
66
321
38%
66
*1 '/a'
"
.
9aVa 101
1%
2%,
Va
D
'
Dayton P Si L 1st mtge 3s_——1970
Union Ry 3Vis series B—1965
Dayton
Delaware & Hudson
1st & ref 4s_„1943
Light 1st 4%s~1971
ref 4Vis————-1969
Delaware Power &
1st-&
mortgage 4'is
1969
t§ADen & R G 1st cons gold 4s—1936
§ AConsol gold 4Vis————1936
1st
t ADenv & R G W gen 5s„-—Aug 1955
A Assented
(subject to plan)
A Ref
im.pt 5s series B_—Apr 1978
&
J-J
104% 105%
J-D
16
103 V* 106%
101%
M-N
54
54%
J-J
Vi
*108 Vi
J-J
*105%
J-J
162
56%
51 Vi
20 Vi
Jones
%
104
20%
19%
20%
F-A
2 Va
20%"
2%
'V
350
Edison
Gen
&
4s
F-A
2%
A-O
17 Vi
J-J
10 Vi
33
-
3 Vi
24%
71
1%
Kanawha & Mich
2%
53
IV*
3%
16%
17 Vi
66
ll'A
197/8
5-%
5%
A-O
88%
6
4
2
111
J-D
103% 104%
Detroit & Mackinac 1st lien gold 4s 1995
J-D
.—1995
ASecond
Kansas City Southern
Ref
&
15
101% 106%
44
26
17 Vi
1987
J-J
J-J
80 Va
95 Va
M-S
102% 102%
A-O
32
3
58
56%
56%
21%
1965
J-3
109%
1948
A-O
1956
M-N
1st cons gold 5s.
1995
J-J
2!is*debs—.—
1950
J-D
21%
53%
,
97%
82
88
101
40
69%
'5:
37%
67
-
"
109% 110
40
14
76
*48%
85%
J-J
—
50
;
.
44%
86
90
95
83
7~;
■
J-J
^_1961
80
*
'
v—.
40'%
6
■
65"
74
110%
110% 111%
V,
—
85%
*91
56%
65%
108
1
110% 110%
'.
•'
i,—
.
Kings County.El L Si P 6s__^___^.^1997
Kings Co Lighting 1st- 5s_i
-1954
J-J
1954
J-J
105% 105%
M-S
106
&, ref
1st
103%
6%s___•_!
A-O
Koppers CO' 1st mtge 3V2S_i———1961
106% 108% *
Kresge Foundation 3%, notes
'15%
ri
108'i HlVa
JAKreuger & Toll 5s ctfs
107
Laclcde'Gas Light extd 5s—i
21
-
59
84
■
57
21%
63%
70
4—,
-
V
62%-
68%
108 Va 109
69%
109
J-J
1961
u.:
10
106 Vi 107
J-J
102
1961
4'As ,'unguaranteedj._-_^
'
25
86 %
1st M 3%s
88
56'/a
62%
J-J
4s
Plain—
*85
Duquesne Light
43
93
*84%
J-J
109% 112
*40
1962
19
15
58
A-O
_1960
1st
Stamped
*17%
3%s
45 VV
94%
'bjYi*'*•
A-O
1950
Ry 1st 3s
5s..;
Kentucky Central gold 4s_____
M-N
ADul Sou Shore & Atl gold 5s—1937
A-O
Kentucky & Ind.Term 4'/aS.____—1961
7
89%
J-D
Miss & Iron Range Ry
Dui
78%
deb 2V'4S__———-—1950
Dow Chemical
Va
Apr 1950
impt
City Term
108% 112 Vi '
1961
gold 4s
;
& Tunnel 4%s
Term
Detroit
3%
1
7
111
M-S
88%
111 Va 111%
111 Vi
3s series H———1970
ref
&
Geii
1st
gtd gold 4s__1990
}|AK C Ft. S & M Ry ref gold 4s_1936
«.
'ACertificates of deposits™——
5 "
2%
*
M-S
1965
mtge 3%s series G—1966
ret
•
94
'
1947
1st gtd 4%s
series F
tADes Plains "Val
45
J-J
K
22%
Kansas
JADes M & Ft Dodge 4s ctfs——1935
J-D
108 Va
10%
v
Detroit
& Clear .1st 4s_i™_1959
Laughlih: Steel 31As_—___1961
104 VA 106 Vb
—
18%
-
J-J
&
106% 1-08% V
~
*108%
J-J
61
Frankl
James
101'/* 101 Va
r
31
,—1950
*—1959
*169 %
M-S
■V
168
101
106%
1
104% 106%
106
102
•-
M-S
170
3
5
103'/* 107
102
14
104%
104 %
104%
,
';
98
5
1%-
1%
v
102
1%
%
E
•
East
1st 4s
Minn Nor Div
Ry
*105
108'A
109
—1945
A-O
99
*99
Coll
&
ref
5Vas series
C„__
1953
F-A
88
87
&
ref
5 %s, series
D_i A——1960
F-A
88%
87
•'
89
Coll
89
100
•
14
98
45
72
91%
43
72'/a
91%
100'/.
'
Ed El 111
& Ga Div
Va
East Tenn
(NY)
Elec Auto-Lite
1st 5s
,,
Elgin Joliet & East Ry 3 Vis—
1970
*149
1st 5s
—
A-O
99 Vi 103 Va "
"*
149
101 Va 101 Va.
M-S
1965
1965
W
& S
El Paso
102% 102%
103
A-O
63%
103
4
99 'i
103 v
16
62"? r
65%
62%
v
■
62 'A
155
; ;:
RR—
Lake Erie & Western
101%.'
-
stamped
Erie Railroad
1st
5s extended at 3%. to_—1947
104 Vi'
16
58%
70
1
56Vi
64'/a
93%
Sh
Lake
Mich Sou gold 3%s-
J-J
99%
1997
J-D
registered-—--——1997
J-D
&
99 Va
99%
84 %
84 Va
— —
Co—
J-J
89
88%
89 %
85
86%
J-J
53%
53
54Vi
153
""45%
M 4s series B
Erie RR extl
1947
1st 4s.
M-N
*106%
106
A 1st
58
108
mtge income reg_„
Lehigh Coal & Nav s
Cons sink
-
—1975
f 4%s A—1954
fund 4Vis series C
1954
99 Va
95
75%
88
72 V*
84
35
56%
'
*75
56%
30
77%
78
81
70
75%
75%
3
67
79%
93%
'
7"*
v
79 Va
55
•
LautarO Nitiate Co Ltd—
1995
Y &
3 '/is
5
;• 7
'
mtge inc 4%s series A—2015
cons
AGen
N
-
lS
'
'
"
5s
93%
3
91%.
96'%
84
85
24
67%
85
Dec
J-J '*•'
77%
J-J
75%
„
80
'
Div
Ohio
1st
—1971
3Vis
mtge
M-S
*97% 100%
95
Lehigh & New Eng RR 4s A---1
1965
A-O
Lehigh & N Y 1st gtd gold 4s
%
5s .stamped.
1945
M-S
1944
,lsV & ref. sink fund 5s_——
97%
—1954
1—
1954
85
f -
Lehigh Valley Coal Co—
Fairbanks Morse deb 4s-_
Firestone
Tire
deb
Rub 3s
&
1956
ref
&
5s series A
ACertificates
{Fonda
of
J-J
:1959
J-D
M-S
98 Vi
99
99
10
107 Va
88V4
;V
78
5s
1st
76%
78
20 Va
21 Va
351
8%
21%
20
21'
of
20 Vi
f. 14
7 Va
20'A,
2%
4%
53
'
;
M-N
3%
1956
coll trust 6s——1956
Y-b
4
3
4
4
1
Steel
Berg Co cons 5s
1949
Castings 5VaS——__ 1949
{AGeorgia & Ala Ry 5s
-Oct 1 1945
{SAGa Caro & Nor 1st ext 6s
Goodrich
(B
F)
1st
1%
*102Vi 102 Vi
M-N
80
1934
4ViS-i.
—1956
J-J;
85%
Va^ Harbor Term gtd 5s
Valley N Y. 4'As ext
30
;
J-D
1961
J-J
Valley RR—
'<
"
' "
modified—2003
registered-—
2003
4%s stamped modified---^—
2003
4'As- registered—-——2003
'5s stamped modified—
2003
Leh Val Term Ry ext 5s_——„——1951
Lex & East 1st 50-yr 5s gtd
—1963
J-J
J-J
90 Vi
J-J
Gen
mtge 4s series H„_
Gen
1946
mtge 334s series I—
1946
,
-1967
AGreen Bay Si West deb ctfs A
Debentures
ctfs
Gulf Mob & Nor
1st
1st
5Vis B—
Si
1st
98 Vi
74
_9%
88
15
79%
79-
877/a
99
77
92%
74
73
.69 'A
J-J
90
93 Va
65
57%
% 90 Vi
99 %
ref
Term
Gulf States Steel
M
5s
stpd
1952
■
f 4Vis
s
1961
Gulf States Util 3 Vast «-ries D
—1969
7'/a
11%
4
89%
4L
86
25
66
52
17.
46
-
•
'/a
'
J-J
A-O
*92%
102% 103%'
102%
M-N
92%
22
101
,*110% 111%
Ark
Si
1st
5s series
Elec
Louisville
1st
1999
mtge
1944
Coal
Hudson
Co
Hudson
&
AAdj
1st
Gas
f 5s
s
1st
income
1954
1st
5s
5s
M-N
1957
A
J-D
F-A
*103
•
M-N
1962
A
gold 5s
Manhattan
M-N
1949
series
series
4s——'—1945
B————_—2003
&
ref
5s
1st
&
ref
4%s series
Central
Feb 1957
2%s series A—1981
gold 3Vis
1951
1st gold 3Vis
gold 3s sterling
Purchased
liries
trust
For footnotes
93
29
40%
29
38%
32
46
A-O
104%
*80Vi
84
93'/a
"1st
105
103% 103%.
40%
118%
46
17%
40 V
98 Vi 103 V*
•w
2
41%
76
118 Va 118 Va
1
s
#
M-N
32%
.
•V
55
115
105
7
61%
ref"3%s Series E——2003
&
105%*
35 V8
36'A
18
135
8%
21 Va
'I*
101
101 Vi
18
99% 102%
91%
3
98;V.
1
77%'. /
M-S
77
:•
V 104% 104Va
M-S
r"
■
119'/* 122%
6
75
10
77%
110
110
■
99 %
99'%
110% 115
121% 122
121%
F-A
99%
92
91%
25
V
84%
108 % 110%
3
104% 106
,;W-; g
'
93%
^
'V
A-O
3'/as -series A ext—_^_1950
mtge 4s series B ext—"——I960
■
J-J
103
V
"'-•'
.
;
12
103%
F-A
i.-1980
Montg 1st gold 4'/2S__^—1945
M-S
^
'■1-
J-J
92%
1955
M-N
110
—-
'
104'/a
98
93 Va
86 Va
101
105
104
■
109
104
■
—•
106%.
80
84
-L
107
107
93
7
86
94
110
5
82%
*106% 108%
92%
1952
South': Ry joint monon 4s
Atl Knox 8t Cine Div- 4s
U
-i 2
-i
84
80 Va
'•'".7
*104% 105
M-S
•
16
•
'108% 108%
—1946
2d gold 3s—
99
90%
8
83 %
103
,
:
86%
82%
•
94
86%
■
7
103 %
103
A-O
•
*'
108'/a 111%
:#■
?
M
Maine" Central RR 4s series AL—1945
Gen
-
Manati
mtge-A'As series A^l_
Sugar
4s sink
-I960
fund—Feb 1 1957
Elec RR & I t s f 5s——1953
RR
(South
Lines) '4s_——1959
J-D
80%
82
*44 V4
J-D
M-N
49%
20
79
85%
45
55 %
"5
43%
53%
__
1-
30%
102
7
82
44%
50
-
*30
M-S
*15'/a
M-N
69
{§ AManitowoc Green Bay 6c North¬
J-J
102% 105
''
'
*110% 113%
J-J
-western
'
1941
1st-gtd 3%s_:
*24%
J-J
J-J
J-J
*86%
Steam
Shovel
s
f
6s
1947
A-O
42
90
90
93
84
86%
86
86 Va
1
A-O
102
§ A Market St Ry 7s series A—Apr 1940
'(Stamped modi ext 5s____——1945
McCrory Stares deb.3%_—1
i
1955
Q-A
*__
Q-A
J-J
Stamped
A-O
*86%
M-S
*35 Vi
65
gold 4s—_1952
A-O
49 '/2
49%
51
37
55%
McKesson
M-N
44%
44%
46 Va"
79*
39%
493A
Metrop Ed 1st 4%5 series D
-11960
M-S
42 Va
43%
26
38 Vi
46 Vi
A-O
44 Vi
46 Va
66
39%
50%
Drain 5V2S—^-1950
JSAMet W Side El (Chid 4s
-1938
1955
3 Vis
.-11952
gold 4s
page
U953
2112.
J-J
M-N
44%
98
102%
97
*102
102
'
*93
1951
see
105 V a 105 %
r
'
99
98%
'
"
■
Unif
48%
17 Va
■
99
98%
'■'mJ'+H-
121% 123'/*
,/:
99
61
106'A
^
J
i
*102% 104',4
A-O
45 % '
118'A 120 '/a
134
14
''
-
110% 115
28
99
M-S
104
117%
114
9
.
121% 122
M-S
102% 104'A
46
5
V
110'/4 110%
v
51%
3
55
»*99%
J-J
Unif {utgc
93
45%
■59
115
'vV.-'''-i
A-O
•
i;
35
.
VV 32Va' 34%
A-O
—1951
Refunding 4e
Collateral
36
31%
29 T'»
A-O
Marion
1951
;
Collateral trust
37'/a
26
29%
M-N
■
-
Extended
1st
26%
6
1
,'lsl Si,, ref 4s series D——2003
122% 127%
RR—
1st gold 4s
1st
58
27 Va
A-O
Manila
Illinois Bell Telep
29%
26%
•
C———2003
AManila
Illinois
27%
'
-
Nashville RR—
Si
"1st
59
109'A 111%
*126% 128%
A-O
1937
,{§ AHousatonic Ry cons gold 5s
Houston Oil 4 Vis debs
Hudson
28
<u—
M-N
V
*
74'/*
St Louis Div
J-J
A—1969
3%S-i——1966
Jeff Bridge Co gtd
Lou
92 Va
70%
Si
Gas
95 V2
87%
69%
51
>
debenture—1951
Louisville
Mob ti
Hocking Valley R? 1st 4Vis
Co
57%
M-S
Paducah & Mem Div 4s_b
(R)
51
48
A-O
gen
Louisiana
H
Hoe
42%
M-N
'5s
79%
Ship Island RR—
&
53
32
4s series A——1-1962
Miami
73
17
121%
stamped—1949
Lorillard (P) Co deb 7s__——
1944
65
86 VA
87%
68
40
•
110%
/4s
99%
"3
9%
66
72%
43%
F-A
,1951
71%
53
A-O
debenture——A——i.
73 Va
57
43%
Long Dock Co 33As ext to——1— —1950
89
23
476
66
51%
Long Island unified 4s———^——1949
Guaranteed" ref gold 4s__—_—1949
97%
99%
9%
:
7
58
43
j-j ::
Little
98% 105
24-
a
66
r
,:V-
52
66
;
105% 108 V,
98%
73 Vi
J-7
__2015
81V
-
.
J-J
Liggett & Myers Tobacco 7s__1944
100
24
91
82
*60%
A-O
1975
80
19
67%
"
,
F-A
Libby McNeil & Libby 4s——xin—1955
93Va 106%
98 %~
'1
A-O
1950
AGen mtge inc 5s series A
Gulf
J-J
J-J
v.
81%
98 Vi
1950
__
Gulf Mobile Si Ohio 4s series B
stamped
5s
81
"81%
J-J
Feb
mtge 5s series C
90
Feb
B
32%
38
'102% 103 Va
81%
-—1977
.
4s series G—;
21%
20
108'A 108%
102 %
1973
General 4Vis series E
A
108%
1976
General 4 Vis series D_
J. 106%
98% 100
100
14
20
*94%
1952
'General 5s series C
General mtge
V-
94
5
29%,
106
J-D
A_
86
30
*28%
106 Vi
M-S
General 5 Vis series B
1954
1950.
67
'
;
85%
4
t
84%
67
67
w
80
72
58
,
84 %
F-A
75
3
1
*84'/.
'■
•
,
Lehigh
116 ;
116
,-98% 100
99
J-J
1947
series
i
>
1964
—
4s
J-J
1946
4Vis
F-A
F-A
102%
69
*116
Grays Point Term 1st gtd 5s_,
Northern
stamped-—:—
Lehigh
4%
100
80
80
J-D
Gotham Hosiery deb 5s w w_,
Great
5s-_Y-..-——1964
.1st & ref.sink fund.5s_—;—11974
5s .stamped—
__1974
Leh
G
Gen
1
ref sink fund
5s
4s
Gas Si Elec of
stamped—
&
99 '/a 100
*100
—
—1982
deposit
Machinery Corp 3s debs
Francisco Sugar
-
69 Va
57%
v
99
58
*67
-
(Proof of claim)
ACertificates
Food
deposit
M-N
-
& Glover RR—
Johns
§A2-4s
105
1961
1943
1974
.
f AFla Central & Peninsular 5s—
tFlor.da East Coast 1st 4%s.
A 1st
J-D
42'A
&
Robbi«$-3%S—
1956
88
92%
Wat Sew Si
63%
5
88
95
105 Va 105 %
A-O
1
103
105%
107% 107%
15
104
107Va
107%
'
'
Merop
-
52%
101
j
1947
1st & ref 4s_u—1951
'
42%
I
Debentures.5s-7i--,------^-«-i*-1955
tAlowa
%
43%
•.
1972
Int Telep & Teleg deb gold 4'/as___1952
15
40%
J-J
25%
.
60
44%
1956
17
28
:
47%. 49%
J-J
Internat Hydro El deb 6sll____.
1944
Internat Paper 5s. series A & B
1947
Ref sink fund 6s series A_T—_i_l955
.
46
*60
57
9
59
40%
^___1956
gold.5s series, C—i
83
J-D
6s series A___July 1952
Alst 5s series
,
94%
!"•'
A Adjustment
,
1947
49
71
.
J-D
F__1961
Interlake Iron conv, deb 4s
*36%
A-O
L-1986
38V2
-I
.
48%
,
•
4s_»J„---1952
Inspiration Cons Copper
27%
1946
—
1956
Union Ry 3 Vis .series
t
33%
27%
—.1950
Inland Steel 1st mtge 3s series;
109
*36%
J-D
4si
1st gold
108% 111%
39%
33%
1963
107 Va 109%
33%
J-J
Y
•
ref 5s series A^—
1st
10
28 %
28%
28%
J-J
•
1st & ref 4V2S series C___——h-1963
Ind
21
*44 %
F-A
tAInd Si Louisville 1st gtd 4s
;
41%
J-J
1951
33
95
34%
34
110 Vi
106
J-J
F-A
53
118
54%
J-J
Joint
■1
.54%
J-J
1951
14
100% 101%
94%
gold
108% 110%'
9
108% 109
;
28
to_.
receipts—
Curtis Publishing Co 3s deb
41 %
82
3'/as_1953
111 Cent and Chic St L & N O—
37
80
109 % 109%
receipts———
ADeposit
40%
82
Springfield Div 1st gold 3Vis____1951
38
26
.
*108% 109
———
series A extended
ADeposit
40%
Western Lines 1st gold 4s
23%
95 Vi
109 Vi
receipts———————
AjDeposit
High
J-D
^Gold"3'Visi.^-L^_«-.-__'4u--_w^l951--
-,
V
F-A
Div,-1st gold 3sii_^__,_^1951
Ind 111 & Iowa
M-N
.1967
mtge 3V2S
1st
A 6s
33
33
95
.1965
mtge 3 Vsts
A7Vis
101% 105'/*
J-J
—
mtge 3VaS—.—
1st
A
19
1956
33
———
1st
ACuba
104 % 104 %
104%
105% 108
Power Co—
Consumers
Crane
J-D
26
1960
5s—
,
106 % 106%
-—1955
—-—
s
J-J
J-J
4s——
Coal
Consolidation
'
104%
1954
deb 4s
non-conv
Low
1950
Litchfield Div 1st gold 3s^__'__J.i.1951
102%
A-O
———.u__1958
deb 3%s__«_1951
High
54%
—
A-O
:—1956
January 1
No.
M-N
.^1955
-1948
debentures-
Range Since
Sold
^-1966
Ref-unding5s__^
40-year 4%Sm-J-"——
Cairo Bridge gold
—
F-A
119
*112
—
1946
3 %s
Bonds
Friday's
or
Sale Price Bid & Asked
High
Consolidated Edison of New York—
3%s
Week's Range
Last
Period
,v
Illinois Central RR—(Continued)
J-J
•'
Interest
-
Week Ended Dec. 11
,,
,
t
Friday
New York Stock Exchange
1 *
A-O
Conn
Monday, December 14, 1942
112% 112%
109% 113
2
"
F-A
r-*-—
'
75
76
*5
10
41
4
•
—
..
4%
76
9
NEW YORK
Period
High
Low
3Vis
Jack Lans & Sag
1st
gold
Ref
&
M-N
-1952
3'/as—
irnpt 4 Vis series C
J-J
M-S
Michigan Consol Gas 4s
-1940
A Midland of N J 1st ext 5s—
i§AMilw & Northern 1st ext 4'%s_ -1939
-1939
AgConsol ext 4'%s
:
—_
_1947
{ AMilw Spar & N W 1st gtd 4s__
.-1941
IS A Mil w & State Line 1st 3'%S—_
-1934
{A Minn & St Louis 5s ctfs
ARef
50-yr 5s series
ext
&
12
57
106'% 106%
;
f
$"%
38
;
,
M-N
.-2962
A__
'.'
,
'
M-S
Q-F
Niagara
45'%
Niag Lack & Ont Pow
31'%
Niagara
37
Norfolk Southern
6%
/
--
2
4'/,
%
e
J-J
consol 5s—
——
..1938
stamped 5s , gtd as to int
§ A 1st
.z.1949
25-year
40-year 4s series B,
Prior lien 4Vis series
71°'-
93A
17'%
16%
69
93%
153/4
16
37
9%
17%
21
3%
6'%
'
,
■
-
/'
M-s
-
:
40
■_.«
J-J
39%
41
38%
39 Vi
J-J
31%'"
3334
a-0
17.%
/
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•
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182
•.
31%
35'%'
33%
Alst
44%
30'%
,
'•
20
78
v
37'%
v
M-8
4s__—.—•—-—1975
ref 5s series F—
—197.7
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&
Alst
A 1st
deposit
of
ref 5s series
&
Alst
37
464
21 Vi
36'A
I: "5
23%
36
35
37'A
288
21'A
39 %
35%
35%
6
25%
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38%
4
101
F- A
Vi
34
39%
38%
112
94 Vi
54
109%
109
103%
,
34:
103 'A 106
35%
35'A
37'A
Vi
32%
33%
35
102.
33
64
43%
.
32%
46%
V8
42 Vi
'
29
30%
81
109 Vi 109'A
6
29%
29%
M-N
J-D
ref 5s series
1st &
Mex n-c inc 5s—-1935
{§ AN O Tex &
ACertificates of
;■■■
series B__
5s
Alst
•*.;
of
ACertificates
5s aeries
Alst
-
B———1955
1953
1st gtd 4s;
Orleans Term
New
deposit———:
——1954
deposit—
——
J-D
C——1956
74
J-J
J-J
.
.
ACertificates of deposit——,,—
4 Vis sei'ies D———1956
ACertificates of deposit
——-1954
5Vis series A
Alst
Newport k Cincinnati Bridge Co—
General gtd 4Vis—_*———-1945
N-Y Central RR 4s.,series A—_1998
f————--1946
4 Vis series A-*-—.—2013
5s series C—
,-—2013
10-year 3%s sec s
impt
impt
Conv secured 3'As
Ref
,
•
&
Ref
a
&
3',is
.
—1952
3Vis—1997.
& Hud River
Y Cent
N
registered-—'———1997
124
M-N
T,r
A—1998
-
1st
6s
J-J
79 Vi
r
Y
79 Vi
45%
A-0
45%
A-O
54
53
51
.
.
1965
____
3%s series D___—__—1965
1st lieu & ref 3'As series E_'
1966
Y Edison
N
:
Y Gas El Lt H & Pow gold 5s—-1948
.
49%
:.54Vi
16
x
w,
A-O
56
51
N
& .Harlem gold
53
50
.
;
Vi
7..
N
Y L E & W Dk &
53
54
32
48
5934
52'%
53%
41
48
59 %
2
108
110%
;,
110
110
'
109% 111%
*111%
*101%
.
102% 102'%
—
50'A
58'A
40'A
-
71; ;■/,.
12 ../
56
38
37
•.
,
48%
48%
98%
98
A-O
45'A
45
47
A-0
50 '/a
50
51%
M-N
74%
-;i'
47%
F-A
47%
F-A
59%
43%
100
49
160-
.
67
79%
63%
78%
49%
61%
v
29
53%
.
45%
47%
24
44
r
76
61'A
-V 71
49
-
>
309
107'% 111'%
1083,4 109%
8
106 Va 1093/4
101% 102'%
15
99
1033/8
102'A
28
99
103'%
97 '/a
95
i
■
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78% 101'%
J-J
60
85 Vi
J-D
*116% 117li
7 ;
17
111% 111%
?
.
1st
M-N
95%
84'%
*108%
,
107 V8 1093/4
—
■■
—
105
'
105
100% 104'%
7
104'%
104
■
106 Vi 109'%
4
*105
f
'
F-A
;
-
66%
59
32
100%
57%
A-O
58'%
5
66'A
57%
66'A
,
M-S-
71
98% 100%
61%
40
8
117'% 118%
6
117'% 117'%
M-S
V
52
F-A
102
A-O
1
101'A 102'%
33
1023/4 108'%
105'% 106
106
*100]3
102
*107
5s
129
89%
89%
90%
M-S
A-O
42 3 4
42'%
5
5
Apr
r
J-J
56'A
M-S
General
4'%s series
D_———1981
95 Va 100'%
91%
79
81%
37
42%'
12
5'A
20
63
11
55%
67'%
57
52
55'A
64%
•56
105% 105'%
17
11
—
^Philadelphia Co coll tr 4%s___—.1961
Phila Electric 1st & ref 3Vis_—___ 1967
,
v
lst .& ref
mtge
2%s__—,—1971
{APhila & Read C & I ref 5s_l„_1973
AConv deb 6s
l___1949
1962
1937
;
Philip Morris Ltd deb 3s
{§APhilippine Ry
ACertificates'of
•
100 >•* 103'/»
1st s f 4s
94
J-D
J-J
M-S
debs
—
1951
102%
35%
115
120
112
5
107'A 110
47
94
12
101% 102'%
16
34%
36 VA
494
"3%
12'A
335
105% 105%
11%
M-N
J-J
93'%
11
3%
5
11 %
3'%
*2%
j-J
101% 1053/4
108
110% 110%
M-S
deposit
l%s
Petrol
Phillips
•
1043A 108
1
>
,
J-J
7'%
76
63%
108 % 109
J-D
47
106
72%
1115/ 111%
J-J
33A
106'A 1073/4
70%
*118'A
F-A
92 Va
110 3A 113'%
14
102^ 1023/8
105 %
M-N
gold.4'%s series C__—.1977
26
63
71
.
93 Va
95 Vi 100%
95%
*106'A
F-A
J-D
:_1974,
B_—
86 V2
96
30
112'A 112%;
112%
106'% 111%
147
90%
94Vi
122
100'% 105
40
106% 107
106'%
A-O,
1st gold 4s——1943
series
119
14
100% 102
102
111
88%
65
89%
119'% 120
F-A
103%
108
108
88%
107'%
107'% 111
15
107'% 108%
,89%
96
101
37
99'%
98%
98 3A
v
M-N
J-J
105'%
104
20
101% 101%
101%
F-A
J-D
103
100
105
101% 102'A
J-J
F-A
108'%
100% 105 %
9
101% 102'%
*104
J-D
105
1
106% 106-%
106%
U
102 3/4 104'A
*103%
J-D
M-N
3%s;deb-_.—ul952:'
& Wash
Bait
General
59
64.
——Apr 1990
Pekin Union Ry
General
.103% 104 VA
.54 VA
*57%
'101%
ext——,—1960
5%s—1974
Marquette 1st series A 5s
.1956
4s series BAL—u.—-a—.-^1956
gold 4Vis series C——A—..11980:
Phila
119%,
111,%. 115
102 fV 102
J-D
:
••
...
4s_
Phelps Dodge conv
7
7116
~i
45
54
•,
J-J
.
85
107% 108'%
107%
•
j-d
:
96 Va
92
;
.
B———1968:
Eastern 4s
•Peoria &
66%
71"
;.107VA 109%
65%
85%
*95'%
A,
1
A-O
.
82 Vi
*91
F-A
.
102
102
J-D
110%
110
O W**
; J-D
.
C—_1942
—„—
series
«'
,
&
A Income
100'A
A'.-'' 3
64%
4
903%
.99 VA 101
10
99 Vi 100
r-i
; j-d
95%
69%
58
/ 93
1
108% 108%
J-J
110% 1133/4
15
95'%
.96% 101%
21
-
:> 101%
52%
3
78
J-J
83
A-O
5 3'A
92
111%
'
j-d
A-O
Peoria
49 V'a
•106% 108 Vi
M-N
91%
111'% 112
92
J-D
:
' General 4Vis Series
56%
35
M-N
27
A-O
48%. 57
15
20
1973
-—1943
107%
99%
99%
gold 4%sL;_———1970
■7
70
•
::
107%
% 1123/4
104
99'%
106
J-J
D_^_—1981
Gen mtge 4'As.series E
—1984
.;■> ' Conv
deb 3'As
——;—,7—1—1952
Peoples Gas L & C ref 5s—
y_1947
59%
46
423 $■
■:"
A-0
3 09
80
series A^—/——-I965
5s
51 'A
82%
64%
109% 112%
4
106 %
J-D
4%s
107% 108 'A
F-A
A-O
6
106
A-O
General
'
A-O
105% 108%
J-J
mtge
Debenture
100'A 100'A'
J-D
3
109% 109%
M-N
sterl
4s
General
49%
74 Va
101
102% 105%
—
109% 1093/a
3%s, series C__7
_1970
Cons sinking fund 4%s—.——-1960
gold
99'A
27
59'A
.
103
100
J-J
stpd :dollar_a___May 11948
,Pei*e
74%
102% 105
106% 106%
106%
110'%
107
J-J
—1943
1948
Consol
54'A
75
*
*104'%
M-N
110'A
107% 110
100% 100'A
M-N
•y; 42
69%
,--51%
52
3 07%
2
10
*103% 105
J-D
B_l_j___—1981 •'
Light 3 Vis——a_>-_ 1969
1974
i'.-'. 93
64%
,74
■
106% 108%
109 3/4
*109
F-A
debentures
82
;
*61%
J-J
108'% 108'%
108'A 108%
108%
J-D
1952
_^l_^1963
L_——
651
■98%
62%
62%
J-J
25
J-D
ctfs D-l-1944
Pennsylvania RR cons gold 4s
55 Vi
f
F
145;
50'A
F-A
A-O
3%s trust
4s
4'%s series
4Vis
'100
J-J
31
10
12%
4%
10'%
106'% 106%
10%
M-S
Penna Power &
4s
F-A-
Impt 5s
53%
..
48%
54
53
Secured
Gen
series A_____1973
Y Lack & West 4s
52'%
53'%
J-J
Pennsylvania Glass Sand 3 Vis
.I960
Pa Ohio & Det 1st & ref 4%s A—1977
56
39
11 ?
•
M-N
4 Vis series, B__—
54
,
M-N
Gtd 4s series E trust ctfs—
i
57
39,
2
49%
-•
' 54'A
54
.-—--1949
3Vis,
70 %
debentures-1956
Trans deb 6s_——'—1944
& Passaic G & E cons 5s_1949
Guaranteed
43'A
.
38
.
Y
57%
J-J
"
A34Vi" 53%
15,,/-
'•49
47%
..'37%
U2 ./v..
*46
—2000
Purchase money gold 4s
498
M-S
gold 4s__1938
—^1938
Guaranteed 3%s trust ctfs
*
Y & Erie—See Erie RR
N
65
Pennsylvania Co—
83%
/
36%
'•
1
N
N
Paterson
107%
,.72
•
10
49%
f~a
60
3 Vis" A—
63%
J-J
C—'1966
3'As series
mtge
Parmelee
1st
gold 4s_—_____L__-1951
i
1947'
54'%
64%
Paramount Pictures 4s
85%
75
105
,52%
P"a
101
notes.
43
44 Vi
105 VA 107VA
15
'<
.
•
.
>
45%
51-
A-0
1st
38
89
•M-S
gold 4%S——1955
Panhandle East P L 3s B__
-1-1960
Paramount Broadway Corp—
1st M s f gold 3s loan ctfS_.»—1955;
82
,
.
34
M-S
Dock
10
49%
Paducah & 111 1st s f
I
4Vis
Conv 5 %
•^ 5'-
14
-
Ref
1
77%
74
•
-
107'A
77-
.
74 'A
107'A 110VA
"
2
107
J-D
5Vis
Y Connecting RR
N
N
17,,-.:-
106% 1063i
106%'
A-O
series A—
-1974
series C—1.
1978
3Vis extended to——1947
debentures_/
1950
45'A
39'%
t
74
84
74
J-J
A-O
-
*81%
74
J-J
mtge
Ref
73%
39
48
F-A
3VAs series B——1966
Pacific Tel & Tel
76
75
v'.
'-77
.
New York Chicago k St Louis—
Ref
Vi
78
64 %
4
122
39 Vi
s
120 Vi 124%
.3
109% 109% i
.
'§ A2d ext gold' 5s___
117 Vi 120'%
6-
,
■
F-A
registered—
.•
•
*74
109 ',i
A-0
F-A
3Vis
69'%
41%
49%
Co 1st
f APac RR of Mo 1st ext
93
56%
•
&
1st &
1st &
101%
56
.
40,
-
123% 124'A
F-A
1998
3'%S—_
3Vis
99 Vi
90
37-
72%,.
117% 118
J-D
registered——
——1998
Mich Cent coll gold 3Vis„
:_1998
/Lake Shore coll gold
■
64y4
393A
39
J-J
1967
_1972
-1966
gold 5s_ .V
1946
G_—,__1964
ref mtge 3%s series H
1961
ref mtge 3Vis series H
1966
ref mtge 3s series J
——1970
ref M 3s series K
1971
&
1st
102% 104'A
-
4
-74."
,
71%
-
„
69'%
39%
./
27%
68
102
73'%
"
—1965
Coast
V
103'/*
■
117'A 119%
73%.
-
:72 Vi
.
ACertificates of deposit———.—
/.
100-
,
24
»
93
93
i.
*117%
*
Alst
71'%
71%
J-J
■
Gas & El 4s series
70
103'A 106
-:7
56-/
103 Vi 103%
M-N
62%
,
26
,
•100%-. 101%
100%
A-O
^—1945
series A—.1952
Orl Pub Ser 1st 5s
107'%
99
/
106% 109%
33
.
.
105% 106
102% 103
.M-S
gtd
68
66
.
105%
M-S
ANaugatuck RR 1st gold 4s———1954
Newark Consol Gas cons 5s___,
1948
New
*105'%
—
J-J
gold 4s_1948
;__^._1943
1st mtge 4s
Pacific
68
F- A
J-D
{
■
114
111% 112%
*111%116
M-N
'
89
82
—
M-N
L 4s series A
1978
Prod 3'As debs———I960
Nat Distillers Prod 3Vis——
1949
3'As sinking- fund debentures—.1949
National Steel 1st mtge 3s—1965
England
1st gtd 4V2S series Bi———1961.
N J Junction RR gtd 1st 4s——-1986
N J Pow & Light 1st 4 Vis—
-I960
New Orleans Great Nor 5s A——1983
N O & N E 1st rer & imp 4Vis——-1952
112
J-J
——____—1946
Ontario Power N F 1st gtd 5b__•___ 1943
Ontario Transmission 1st 5s—_—1945
Oregon RR & Nav con gold 4s__—1946
Ore Short Line 1st. cons gold 6s—1946
Guaranteed stpd cons 5s________1946
Oregon-Wash. RR.& Nav 4s—
1961
Otis Steel 1st mtge 4Vis ser A—1962
107 Vi 112%
J-D
Dairy
New
119
-
Q-A
'
debentures-
4s
29
103'A 103%
*87%
J-J
Nash Chatt & St
4Si——i/———-—1945
Tel & Tel 5s A—,-1952
•
_
48
Q-F
3%s—
Oklahoma, Gas & Elec 3%s_„
112
109
2
110
J-D
gtd 5s„—1947
England RR gtd 5s
•.
Q-J
mtge
1st
A Con sol
1997
mtge 4s
Pacific
{ANew
_
Q-J
Jan 2047
Edison
1st
N
Nat
;
119
110'%
■
-
120
*115
O
98% 104
1
.
112
A-0
—1965
1st & ref 3%s
1966
5s ext———1951
Morris & Essex 1st gtd 3'%s_——2000
Constr M 5s series A——1955
Constr M 4 Vis series B—
1955
Mountain States T & T 3'As——_1963
10
43%
Vi
43
A-0
Tramways
80%
42
92
lOlVilOlVi
F-A
Power
Mutual Fuel Gas 1st
100% 103%
102 HA 103
—
.
27%
1997
—
:
{?AOg & L Cham 1st gtd
Ohio Connecting. Ry 1st 4s
v
M-S
1960
debentures———
6s
Montreal
100'i 104'%
deposit—
of
k
1st
series B—1966
Monongahela W Penn Pub Serv— .
Montana
25
A-0
38%
24%.
16
v
35%
*91 Vi
,M-N
Monongahela Ry 3'As
i
A-O
39%
21
273
36%
35
35%
21%
24%
—
I_-——1981
4Vis—
1033/4 104'%
5 Vi
%■
130
37
Ohio
mtge
124% 128%
'
3%
36%
A-O
{§AMissouri Pacific Ry—^
3rd 7s extended at 4% ——July 1938
Moh'k k Malone 1st gtd gold'4s___1991
1st
■
•v
—M-S
'
35 Vi
4
M-N
deposit——
of
ACertificates
39 Vi
34%
35
ref gold 5s
ACertificates
•
11'A
35%
5Vis——1949
series H—1980
gold
&
39
1%
31
17
.
i*y k Id gold 3s_—
—2047
registered.
2047
impt 4Vis series1 A— _l
2047
Ref k impt 6s Series B
2047
Ref & impt 5S'series C
^
—2047
Ref k impt 5s series D——
Northern States Power Co—"
1967
(Minn) 1st & ref mtge 3Vis_
—1964
(Wise) 1st mtge 3Vis
—1944
Northwestern Teleg 4 Vis ext—
39 VA
25%
35%
deposit——
of
ACertificates
AConv
21%
;5
-■
M-N
„_1978
ref 5s series G
k
9%
MS
deposit-
of
ACertificates
Alst
102
36'A
8%
J
-
396
37
36'A
9
38'%
23'%
103%
F-A
.
3s
Ref
21%
__
1243-4 125'%
F-A
—1945
Gen lien
7'% "23%
'
74%
198
*29
O- A
(stamped can.guarantee)
—1945
registered-'
4s
69%
35
34.
—
—1974
Northern Pacific' prior lien 4s_
34'%
21
:
165
25
35
F-A
M-S
2434... 42
f
35
-■
18 3A
35
36
deposits——
of
ACertificates
F-A
1965
.
of
cellation
101% 104
74%
A-O
mtge gold 5s
-
6
73%
74
—1974
guaranteed gold 5s_
Alst
>
109% 111'%
'--4.
{Northern Ohio Ry—
2'A
68%
108% 109 %
4
111
111
'
J-J
1954
—
—
Central gen k ref 5s
& ref 4 Vis series A
Gen
'
{Missouri Pacific RR, Co—
Alst & ref 5s series A_i
33/4s_,
ACertificates
31%
J-J
1967
31
96'% 100
38%
J-D
-1978
tv
Vi
60%
/,■ 15 :'
683/4
68
*98'A 100
J-J
-1962
—1
—i
D
,
1%
1'%
1%
68'%
J-J
mtge
North
•
4%
4'A
18
102'% 103%
-.'m.
;
10'%
3'%
Ry Co—
17
■
Alst .&
.
16%
16
J-J
SVis—H—
-1978
ref 5,Vis.series B-,-%——1959
tA Missouri-Illinois RR 1st 5s_—
-1990
Mo Kansas & Texas 1st 4s
Missouri-Kansas-Texas RR—
-1962
Prior lien 5s series A——„—_
A
15'%
16
.
M-N
93'%
110%
108
109% 109%
'
l.
153%
75%
__
233
7%
109%
A-O
—1998
Debenture
16
-
./
J-J
..1946
A——
Alst & ref 6s series
;
J-J
.1938
SAlst
.
-1938
stamped-
§ A 1st cons 4s
M-S
.
1st 5s A. J-1955
—1950
Share (Mdl deb 5'%s—
A Gen
i
2%
.
1966
Falls Power 3Vis__-
18'%
9%
9V4
'7%
J-J
194G
4Vis series
2014
intge 5s conv inc
—1961
{§ANorfolk Southern RR 5s A—
Norfolk & Western Ry 1st gold 4s-1996
—1949
North Amer Co deb 3'%s—*
1st
9%
"■
"
■
,
1'%
11
3
*1%
68
37
—,.
9'%
9
*2%
__
t§AN Y West & Bost lst:4'%s— !
18
41
J-J
\
40
27'%
26 Vi
27
3'As series B____
Y Telephone
N
63
86
38
14
20
10Va
*10934 110%
J-J
—1967
High
29
5
16%
*—
M-N
Low
1
January
No.
30'%
10'%
'
1
Range Since
Sold
High
*10
F-A
.
Bonds
Friday's
30'%
■'
F-A
-
1940
1st gold 5s—— —1943
29
/ 2
1
M-S
ATerminal
58'%
'
65
40
'
J-D
67
1937
—
38
65
65
J-D
97'%
104% 107
29
.
53
*50
A-O
._1949
ref gold 4s
&
A 1st
93%
97%
*96
..
or
Bid & Asked
J-J
—1937
ref 5s
§A2d
73'%
69
75
56'A
_1979
.1963
'
a
,
gold 4 Vis—
§ A General gold- 5s
53
1
M-S
1951
Sale Price
Low
t§AN Y Susq & W 1st
Central-
Michigan
Last
Period
Ended Dec. 11.
Week
High
Low
N«.
Interest
Exchange
Slock
York
New
Range Since
January 1
Bonds
Sold
Week's Range
Friday
BONDS
Week's Range
or Friday's
Sale Price Bid & Asked
Last
Interest
New York Stock Exchange
Week Ended Dec. 11
,
BOND RECORD
Friday
BONDS
»
2111
FINANCIAL CHRONICLE
THE COMMERCIAL- &
Number 4133
Volume 156
90% 105%
109% 1123%
99'A 102%
36%
24
5
1%
4
17
103'A 104
12'%
102% 106
4'%
1%
1%
97'% 104
'
(
{N Y New Haven k Hartford RR—
ANon-conv
deb 4s—
1947
•
•
,
1947
3 Vis„
—_1954
A-O
,!
1955
J-J
35%
1956
M-N
35%
1956
J-J
3Vis—;
deb
ANon-conv
ANon-conv
deb
deb
4s__
AConv
certificates 3Vis
deb
6S___—„_1948
§ A Collat eral
trust 6s_
—1940
4s
ADebenture
1957
•
Alst & ref 4Vis. series of
•
:
4s___
ANon-conv
ADebenture
33%
1927—1967
33%
31% " 33%
'33%
34
.
31%
•
1st
4s
AGeneral
N
Y &
61
-
33
-,7
42%
42
43%
A-O
56
54%
56'A
144
M-N
J-D
M-N
M-S
1955
1st cons gtd
8
39%
65-
At 4?
284
J-D
4s—1993
A-O
89
6%
88'A
6%
1%
21
89
6%
.
45
•
11
1%-
41%
21
42%
M-N
J-J
106
N
Y Steam
J-J
106
1965
lien 6s stamp—
—1958
Corp 1st 3 Vis
—u_1963
For footnotes
see
f
page
2112.
gtd gold.—
4s guaranteed gold
Serj ;s
F
Series G
guaranteed
1957
cons guaranteed 4s—1960
4s
40'*
■
40%
Series H
Series I cons 4 Vis
48 3A
Series
61-
Gen
3%
9Vi
Gen
21Vi
44%
Gen
73
4'A
1 ,'A"
106
106%
39
■
91
8%.
Pitts
2%
1st
Pitts
109 % 111'A
.104'/a 108
Steel
cons
k Iron
1st
103"
107'A
conv
mtge
4Vis A_
4%s
mtge 4 Vis series B—
Va
k
Char
Pitts & W Va
1st
1963
guaranteed 4%s
1964
mtge 5s series A
—1970
mtge 5s series B
1975
4Via series C
1977
J
Pitts Coke
48'%
1
20
.1949
_1953
Series E 3%s
37%
19%
.19
23 %
Pittsburgh Cine Chi k St Louis—
/
•
Series D 4s guaranteed
!_1945
39 y»
19
5
110% llOVi "
Y Rys prior
Queens El Lt & Pow 3Vis
18
,
'
42
N
N Y
37'%
J-J
1992
4s_—
Putnam
'A
260
1954
—
37%
119
{AHarlem River & Port Chester—
{AN Y Ont & West ref gold 4s
39%
20 Vi
•'21
35%
35%
,
19%
6
33Vi'
32
•?
10
34'A
•
MS
deb
ANon-conv
33%
M-S
1st 4s
gtd
1st 4%s series A
mtge 4 Vis series B
1st mtge 4 Vis series C—
■_
M-N
*106'%
105'% 106%
*105
F-A
J-D
*110
M-N
*111'%
107
111
112
110
111
112%
1123A
—
*111
F-A
108
—
Fr-A
1193%
119% 1193%
5
118
121
M-N
119'%
119 % 119'%
1
118
121'%
104% 105'%
8
104'% 109
J-D
11
104% 105
A-O
6
99
103
96%
2
95
104%
100'%
100% 100%
J-J
96'%
96 Vi
104% 108 %
f
1952
M-S
J-D
100
2
97'% 100'%
1950
1950
1943
99
99
1
96
99
J-D
54
18
1958
53'A
53 'A
J-D
53%
53%
3
53%
64'%
64'%
1959
I960
53
54'%
29
53
6438
A-O
M-N
53 Vi
A-O
53
THE COMMERCIAL & FINANCIAL CHRONICLE
2112
Friday
BONDS
New York
Period
Week's Range
or Friday's
Last
Interest
Exchange
Stock
Ended Dec. 11
Week
Pitts
gen
1st
gen
Elec
5s extended
1st
El
Potomac
1st
—-
4Vis
1st
J-J
—
* 106
J-J
109
109
-1951
J- J
951/4
M-N
M-S
*83
J-J
ref
ref
Service
of
Purity Bakeries
7
111
Vi
*144
J-D
*215
3 Vis- -1968
-1948
I deb 5s
.
„
36
98% 102%
64%
66
46
58%
64%
64 %
65%
53
57%
69%
..1980
J-D
63%
63%
65%
49
58%
69
1964
M-S
105%
A-0
110
110%
J-J
B..,*
series
C
&
ref
series
D
.
J-J
Ry 1st ref 4s_.__.
,
59%
60
35
20
19%
20%
89
*101%
8%
80
Tol & Ohio Cent ref & impt 3%s_.1960
Tol St Louis & West 1st 4s._...—1950
Toronto
105% 106%
Ham
Buff
&
J-D
"■
1st
gold 4s__1946
Trenton Gas & Elec 1st gold 5s
1949
Tri-Cont Corp 5s conv deb A—
1953
86'
86%
216
M-S
*116
J-J
*105%
Gen
& ref 4 Vis series A—_....1997
Vi 110%
'
108% 111%
103
86%
J-J
Rand
deb 3Vis_—
1956
122
88
67%
M-N
A-O
*7
F-A
102
108
102
76%
52
73%
(Chic)
13
73
82
11
97% 103%
debentures
!
110% 110%
Union
J-J
100%
100% 100%
18
96
101
..1947
J-J
108
108
96
108
:ui
Pacific RR—
1st
land
&
grant 4s
34-year 3%s deb
108%
..1970
A-O
95%
95%
-.1971
M-N
95%
96
48
..1980
J-D
104 % 105
50
United Biscuit 3%s debs.—_—1955
A-O
United Cigar-Whelan Stores 5s__ —1952
1st
102
102
20
M-N
101
101
5
t§AR I Ark & Louis
1949
A-O
26%
M-S
—1967
M-S
M-S
59 %
54
27
72
12
33%
1934
M-S
1949
J-J
*7%
*§ARutland RR 4Vis stamped—
1941
J-J
8%
9'A
10%
614
22
3<)
98 %
99
61
—1944
M-S
States
5%
17
May 11943
2.10s
M-N
M-N
*101
*101
—Nov
M-N
M-N
11950
M-N
—May 11952
M-N
*101
St
& Grand Island
Jos
St Lawr & Adir
2d
St
1st
1st
4s——*.1947
J-J
..1996
J-J
gold 5s
gold 6s—
Louis
Iron
——1998
Mtn
&
L
Pub Serv
1st
50
*
50
1
1948
1959
M-N
75
75
j-J
42
*76
41%
42%
9 OVA
91
*67%
.
V
13
„
8
J A St L-San Fr pr lien 4s A
1950
J-J
17%
17%
16%
18
101
1950
J-J
18%
18%
19%
119
18%
18%
18%
M-S
18%
17% <119%
17%
of
ACertificates
A Cons
deposit
series B
5s
of
deposit—.
ACertificates of
4s
bond
A2d
4s inc
{A 1st
term
AGen
St Paul
&
1978
deposit stpd
,
—1989
ctfs
Nov 1989
unifying 5s„
gold 5s series A
& Duluth
1st
cons
17
77%
77%
Utah
33
S
Paul
A
Union
Ar Pass
&
1st
V
& N
E
1st
J-D
L-
1947
18%
22%
21%
11%
25%
Va
§ A 1st
gold
4s
24%
23%
80
12%
22 %
22
76
86
1943
86
64'A
44%
4
14%
<■_
J-J
99 Si
M-S
57
31
•:5v!
ACertificates
A 1st
6s
cons
1950
A-O
~5%
■>'
17
v
_
~6%
7V4
17%
101% 103%
•
—
ACertificates
101% 104%
Cons
RR
f
s
Elec &
A
6s
series B
24
A-O
11%
1945
M-S
13%
12%
6s
A
25%
3%
6
10
11%
100 VA 101%
100% 103%
*101 % 102
13%
182
28
10
15%
.
15%
72
15%
1
15 %
A-O
97%
97%
98
16
93
F-A
98
97%
98%
31
93% 101%
94%
2
94%
91
97%
102
cons
1955
F-A
*108'%
—
1957
M-N
*108%
..
1968
series A
g 4s
4s series B_,
Pwr 3%s series
B
M-S
*110% 111
Va
& Southwest 1st
M-S
104
gtd 5s
2003
J-J
1958
A-O
72
1966
M-S
109
5s
cons
10.9% 111%
77
77
F-A
69
79
102 l/a 104
104
90
*—
72
73
25
108% 109
21
94
65%
90
76
105% 109 V'a
W
1st mtge
4s series A
5
46
4%
20
,
J-J
1971
mtge 4s lnc series A
1981
Apr
42%
42
43%
mtge lnc 4%s
1991
Apr
32%
32%
33%
XAWabash Ry ref & gen 5%s A—1975
M-S
27
27
ser B
84 'A
75
55
81%
81
81%
AGen
A Gen
153
33%
50
157
-
28%
39%
Ref gen
1976
A-O
..1955
A-O
1948
28'A
24
1
M-S
26
26
26
1
24
27%
25'A
A-O
1980
'
F-A
1978
5s series B
25%
5
22%
26%
22%
27%
*25%
•
28
25
26%
1
440
12%
F-A
14%
28
F-A
1935
12
11% ",:
13%
M-S
1935
14
10%
160
■
10%
1933
ctfs
certificates.,
25
23%
3%
deposit
t§AAtl & Birm 1st gtd 4s
JASeaboard All Fla
101% 101%
1944
Iron Coal & Coke 1st gold 5s^,1949
Virginia Pub Serv 1st mtge 3%s__1972
A
123% 125
124
1
deposit,—
of
102
100% 101%
99'A 101
8
25
F-A
—
103
100
76%
"2%
5
321
102%
20
24%
A-O
Oct 1949
A
100
—1944
Light 1st 5s
ARef & gen 5s series D
1959
of
1
2
102
Wabash RR Co—
100
♦
—
Si
38%
102% 103
102%
—1950
series
102
56%
15%
*80
'
16%
M-N
12
49
5'/a
Ry—
;H&'ARefunding 4s
100
*101
Virginian Ry 3%s series A
45
28
5%
F-A
1952
unstamped
10
A-O
Va
11%
J
Power
Vandalia
11
.
11%
26%
A-O
1989
•j § A4s gold stamped
'-A'Adjustment 5s
101%
.1951
\ ARef & gen 4Vis series C—
JSeaboard Air Line
101
100
—
75
10%
308
2
J-J
1941
f deb
s
26%
—1971
gtd 4s
101 %
100
95%
389
63%
J-J
J-J
gold 4s_1968
gtd gold 4s_
Schenley Distillers 4s
Scioto
J-J
1952
Depot 3Vis B
'
46
55
17% dl8%
M-N
1990
JASt Paul E Gr Trk 1st 4Vis
t§ASt P & K C Sh L gtd 4Vis
St
M-N
1st
certificates
bond
&
ref
May 11955
—
101 V'a
100
.
101 % 191'%
M-N
2.65s
JSt Louis-Southwestern Ry—
A 1st
1 1954
United Stockyards 4%s w w
Utah Lt & Trac 1st & ref 5s
84%
_
M 4 Vis series A
Nov
"2
101%
100
10^%
101% 101%
M-N
M-N
69%
;
75
M-S
J-J
lien
60
'
101% 101%
M-N
11953
79
4
—1955
ACertificates
11953
100% 10Q%
100
101% 101%
M-N
May 1 1954
67%
148
76
Rocky Mt & P 5s stpd
APrior
—.May
——.Nov
100% 100%
'
—
62
76
mtge 5s
1 1952
2.60s
107%
50
:
99
:
1933
J A St L Peor & N W 1st gtd 5s
St L
50
A-O
Southern—
AgRiv & G Div 1st gold 4s
ACertificates of deposit
St
106
107'/a
Nov
—L
—
—"
102%
*101
.—Nov
2.55s
91% 100%
99%
*99%
1 1949
2.20s
v
*99%
May 11950
2.15s
9%
10
M-N
1 1943
May 11949
——Nov
.;
2.45s
98%
98'A
96
105
Corp-
1.125s
2.05s
22
4%
Steel
2.50s
A-O
69
90%
104
*103%
debentures
2.40s
_1966
99
103% 107
95%
99
2.35s
Saguenay Pwr Ltd 1st M 4Vis
95%
95% 99
102% 106
.
93
M-S
1.00s
106% 108%
8»A
19'A
21%
..
93
—1953
Serial
5
*106%
A-O
(Del) 5s—
United
109% 110
t ARut-Canadian 4s stpd.——„
mtge 3%s series A
2
J RR Si Canal gen 4s
109 %
129%
108'A 108'A
...
64
109
26
Ref
U N
63
39
*110
1969
39
*110
57%
101
98
__
*__
M-S
1967
4ViS—
1st
*60%
57%
mtge 3%s series H__
mtge 3Vis series Imtge 3Vis series J—
Gen
J-D
D—1977
Roch Gas & El 4Vis series
Gen
100% 104%
104% 104%
M-N
J-J
coll trust 4s A
&
cons
100% 106%
1956
Brass 3Vis—
104%
35-year 3 Vis deb
100% 104%
14
}§ ARio Grande June 1st gtd 5s—_1939
i§ARio Grande West 1st gold 4s__1939
A
36
1960
mtge 4Vis series C
Gen
101%
101
M-N
11 %
99% 103
..1967
United Drug Co
Gen
Revere Copper &
F-A
111%
6
6
82%
76 Vi
102%
75 %
-
Republic Steel Corp 4 Vis series B..1961
Purchase money 1st M conv 5Vis 1954
106%
12
1959
3s
76
102
105
..
...1945
88
102
76%
J-J
92%
120
u
105
5s
Union Oil of Calif 3s deb.....
J-J
Gen & ref 4Vis series B„—1997
90%
81%
99% 101%
221%
R
Remington
80%
"
•100% 101 '
*§AUnion Elec Ry
87%
22%
143% 144%
225
104% 104 Vi
A-O
62%
12
86%
91
J-D
Union Electric Co of Mo 3%s_—..1971
Reading Co Jersey Cent coll 4s—.1951
47%
98% 101%
—
90%
A-O
70%
102% 104%
59%
A-O
96~~
108% 111
Vi
*103% 106
J-J
3
1
High
A-O
series
.I960
80
8
J-J
100% 101
Low
A-O
5s
ref 5s
Tex Pac Mo Pac Ter 5%s A___
89 Vi
January
No.
1977
:
ref
&
5s
J-D
2000
Range Since
Sold
High
,—1979
&
AAdj income 5s
.—Jan 1960
§ A Third Ave RR 1st 5s ext
1943
11
91 Vi
105% 106
M-N
-2037
-2037
Nor
s
1st gold 5s
Gen
Third Ave
86 %
18
,_1972
mtge 8s
Public
Texas & Pacific
107% 109
21
111
*
mtge 5s
&
120
105% 107%
~4
96
7
...
ret mtge 3s
&
1st
108
78%
—
111
4s
Public Service El & Gas 3%s—_ -1968
1st
97
109
95
-1956
1st &
107
Bonds
Friday's
or
Sale Price Bid & Asked
Low
Gen
89 Vi
Week's Range
Last
Period
High
118
8~8Vi
Vi
Interest
11
Gen
89
t A Providence Securities 4s___„— -1957
Terminal
1
Friday
Stock. Exchange
Week Ended Dec.
F-A
Car deb 5s
t A Providence
Low
*118
-1977
mortgage 3%s._
Pressed Steel
M-S
108
No.
New York
J-D
-1950
M
January 1
*101
3%s..... -1966
to
1st
Pwr
—
J-D
—I960
C
1st 4V2S series D__.
Portland Gen
F-A
-1974
-1977
series
Range Since
Sold
High
108
—
..1962
5s series B
5s
J-D
-1948
ser A_.
1st 4s
& Ash
Young
lst
BONDS
Bonds
Sale Price Bid & Asked
Low
Monday, December 14, 1942
4
12%
5%
15%
5'A
14%
15
3%
4
13
:
33
15}
Walworth Co
1st
Warner Bros
Pict
6s
6s debs
94
94'A
83
37
103 V'a
91%
102
103 %
19
95
94%
v
103%
100%' 100%
1948
.
-
A Warren
A
mtge 4s_.
called
Bros
Deposit
deb
Co
6s
receipts
Warren RR
1st
u.
ref gtd
1941
81
M-S
112%
95% 112'A
—
F-A
gold 3%s„2000
31
40
69%
32
*28
86'A
■
6
15 SI
Washington Central Ry 1st 4s„
Washington Term 1st gtd 3%s
1st 40-year guaranteed 4s
1943
Q-M
1945
F-A
1945
>
86%
*—
F-A
*103
...
*
'J:-. ' ''
..
104 '/a 106
■
103% 105%
—'
■
—
.
Shell
Union
Oil
2Vis
debs
1954
J-J
1961
J-J
1941
F-A
2%s sinking fund debentures.
t§ASilesian-Am Corp coll tr 7s
Simmons
1952
A-O
1950
F-A
98,
Skelly
Co
Oil
debentures
3s
4s
debentures
Socony-Vacuum Oil 3s debs
Sourh
Si
South
Bell
3s
Nor Ala
Tel
..1964
RR gtd 5s
Tel 3Vis—
Si
Colo
Southern
4s
Pac
coll)
4
1977
40%
17
3
100% 103%
99% 103
22
104 % 106%
*123
-LA.
'
123
123
107% 107'A
106% 108%
104% 104%
7
103% 106%
103
r'r1*
6
5
102
103
105%
10-yea.r
J-D
-7 O vu
M-S
52%
69%
71%
67%
67%
13
52
53%
194
228
50%
72%
50
68%
49%
58
1968
M-S
51%
51 VA
52%
113
46%
57
1969
....
4%s
San
29
102% 102%
1949
(Oregon Lines) A
Vis
Gold 4Vis
Gold
J-J
Aug 1949
registered—
1st 4 Vis
Gold
98%
97% 100
102'A 102%
'■
J-J
1947
A
95%
4
M-N
51%
50%
52'A
234
46%
56%
1981
secured
Fran Term
1st 4s
M-N
50%
50%
51%
259
46%
56%
1946
3%.<j
J-J
91%
90%
91%
90
80%
93%
82
89
61%
72
1950
South Pac RR 1st ref
gtd 4s„
Southern Ry 1st cons
gold 5s
A-O
85
84%
85
1955
J-J
68%
68%
70%
180
1994
J-J
91
90%
91%
72
,
21
88
93%
&
Devel
219
Si
6s
60%
gen
72%
1956
A-O
88
88
Devel
89 Va
38
&
6Vis
78%
91%
gen
1956
A-O
92%
92
93%
120
83
gold 5s
96%
1996
J-J
St
gen
Div
4s series
1st
Louis Div
Southwestern
1st
&
ref
1st
1956
,
gold 4s—.
Bell Tel
3s
A
3Vis B
series C
.
1951
Oil
of
Calif
70%
*81
86
84
86
86
.
78%
•
4
J-D
111% 111%
9
1968
J-J
105% 105 %
17
Apr
38%
39
7
84%
79%
91
mtge
Western
109% 112%
104% 107%
33%
41%
F-A
102 %
102
102 VA
8
deb 3s____
1961
100 % 102%
J-D
105%
104% 105%
30
J-J
103%
103% 104
49
1st
120
*...
109
M-S
106% 106%
1
105% 110
J-J
111
2
110
43
84
2
93
1950
E
5s
3
3%s series I——
Maryland
ref
..1966
1952
5%s series A
West N Y & Pa gen gold 4s
fAWestern
A-O
1977
1st 4s_„
J-J
85%
V.
100 Si
111
85%
:
86
95%
'
.
96
.
4
1003* 1003i
107'A 110
112
91%
102
1st
5s
ser
100 Si 104%
1943
A-O
A—1946
M-S
35%
35'A
36%
32
20%
38%
——1946
Pacific
M-S
36
35'A
36%
189
20%
38%
assented
Western Union Teleg
25-year
West Shore
1945
J-J
101%
101% 102
21
100 &
100 &
1
M-N
103% 103%
11
debs——_ 1961
100% 103%
M-N
103
6
101% 103%
1st 4s
M-N
84%
84
84%
78
79
85
1951
J-D
85%
85%
87
41
81
88
1960
M-S
82%
82Va
83
63
77%
85%
.1951
M-N
.1950
2361
J-J
.1954
101% 101%
42
J-J
2361
guaranteed
West Va Pulp Si Paper 3s
J-D
1949
M-S
Wilson & Co
1955
deb
3%
Winston-Salem S B
1st
4s
J A Wisconsin Central 1st 4s
ACertificates
of
ACertificates
of
37%
50
37%
47%
102% 105
—
110% 114
•
91%
27
94
90%
*102% 103
51
M-N
14%
1st 4s—1936
116%
50
52%
48%
J-J
J-J
48%
10
14'%
15%
61
>11%
deposit
Wisconsin Elec Power 3%s
1968
1971
J-J
1943
J-J
1948
M-S
1960
M-N
114
110
107
12'%
95
37
37%
115
55
51
9
35
9
-
*109 VA U0%
A-O
Wisconsin
90%
104% 106%
100% 103%
*115
1960
.1949
deposit
Public Service 3%s
43
44
104% 104%
90%
100% 101%
43%
40%
*109%
A-O
Conv
1st M 4s A—
25
%
39%
103% 103%
J-J
1947
40
M-S
Wheeling Steel 1st 3%s series B—1966
103
100
JAWor & Conn East
34
Texarkana & Ft Smith 5Vis A
Texas Company 3s deb.—!
3s debentures
gold 5s
1950
—1959
119% 119%
F-A
105 % 105 VA
J-J
87 %
A-O
1943
J-J
16
87%
20
105% 105%
105%
7
105% 105%
39
*101
119
122
105% 108%
109
1U
101
*103
F-A
M-N
1
110'A 110%
J-J
1965
5
104
85
92%
104% 106%
104
4'As
108% 110%
107
105
108 %
20
12
12%
101
102%
Youngstown Sheet & Tube—
Conv deb 4s
a
J-J
1st
108%
mtge s f 3%s series D
Deferred
Included in
81 RR gen 5s
1951
Terminal Assn St L 1st cons
5s—1944
Gen refund s f
gold 4s.—
1953
Ref & impt mtge 3%s
series B..1974
com
—
101% 110
1945
—1—1956
Tenn Coal Iron
O
gold 4%s
5s
Registered
1st
N
gold
30-year 5s_„.
Westinghouse El & Mfg 2%s
103
105%
103% 105%
Superior Oil 3 Vis debs.
Texas &
&
Power
§ASu & Du div & term
1966
Studebaker Corp conv deb 6s
6s called
Co 2%s
67%
debs
debenture
Swift Si
J-J
67%
1953
Standard Oil N J
2%
2%s
A-O
'
1964
ASpokane Internat 1st gold 4Vis__2013
Stand
1st
A 5s
118% 121%
120
J-D
—1963
gtd
mtge 3%s
Penn
1st
J-D
1967
5s stpd
''
Gen
West
Wheeling & Lake Erie RR 4s
Devel
Mem
Westchester Ltg
Pacific Co—
(Cent
4s
6s
26
'
38'A
105% 105%
.-A-
102%
A-O
1979
Power
38%
A-O
1962
98%
*99% 100
J-J
1963
debentures—
Southern
97%
X.
106Vi
99% 101%
not included
the
in
101%
98%
101% 101%
13
98%
30
98%
98% 100%
sale not included in the year's range,
d Ex-interest, e Odd-lot sale not
year's range, n Under-the-rule sale not included in the year's range. rCash sale
the year's range.
delivery
§ Negotiability
impaired by maturity.
pound unit of bonds.
Accrued interest
tThe price represented is the dollar quotation per 200-
payable at the exchange rate of $4.8484,
^Companies reported as being in bankruptcy, receivership, or reorganized
or securities assumed by such companies.
♦Friday's bid and asked price. No sales transacted during current week.
A Bonds selling flat.
the Bankruptcy Act,
under Section 77 of
THE COMMERCIAL & FINANCIAL CHRONICLE
2112
Monday, December 14, 1942
NEW YORK BOND RECORD
Friday
BONDS
Week's Range
or Friday's
Low
1st
1st 4s ser A. —1948
& Ash
Pitts Young
J-D
108
...1962
F-A
C———— —1974
gen
J-D
—1977
series
1st
1st
J-D
4%s series D
5s
1st 5s extended to
f
January
No.
High
3%s___. —1966
Low
1
Week
1
Texas
108
118
120
M
1st
Pwr
1st
ref
&
1st
5s
97
89 Vi
78%
*106
89%
105% 107%
109
"4
95 V4
95%
109
95
86%
M-N
Public Service El & Gas 3%s
&
ref mtge 3s
&
ref mtge 5s_—
...2037
111
.—1972
1st
7
*83 Va
J-J
...1968
1st
7
,
M-S
M-N
105%
11
.
8%
ref
5s
series
111
105% 106
108%
18
8
Low
High
36
98% 102%
%
46
58 %
A-O
—1979
A-O
64%
64%
65%
53
57%
69%
J-D
63%
63%
65%
49
58%
69
1964
C_
ref
5s
series
M-S
D
Tex Pac Mo Pac Ter 5Vis A
Ry 1st ref 4s
—I960
64
66
*103'A 106
J-J
J-J
Tol St
Trenton
111
105% 106%
ref & Impt
Louis & West
Toronto 'Ham
80
80
No.
High
100% 101
J-D
59%
A-O
,
102% 104%
59%
60
35
19%
20
70%
20%
89
47%
62%
12
*101%
22 %
98% 101%
96
3
91 Vi
Range Since
January 1
Sold
1980
&
Third Ave
Bonds
Friday's
—1977
AAdj income 5s
—Jan I960
§ AThird Ave RR 1st 5s ext—r__1943
107 % 109
2l"
96
or
Sale Price Bid & Asked
-2000
B__
&
Tol & Ohio Cent
...1957
$ a Providence Securities 4s_—.—
—1956
4s—
{A Providence Terminal
gold 5s„
series
Gen
109
J-J
Pacific
&
Gen
Gen
88 Vi
Period
Week's Range
Last
Interest
11
High
107
F-A
EI
Potomac
Friday
Stock Exchange
Ended Dec.
Low
..
89%
J-J
mortgage 3Vis————~~ ...1977
—1951
Pressed Steel Car deb 5s—
108
New York
Range Since
*101
—
.
1
J-J
...1950
—
W
;
M-S
1st 4%s____. —I960
Portland Gen Elec
Sold
*118
5s series B__
gen
BONDS
.
Bonds
Sale Price Bid & Asked
Period
11
Ended Dec.
Week
Last
Interest
Exchange
Stock
New York
&
Gas
&
1st
Buff
Elec
1st
3%s„1960
J-D
4s—1950
1st
'
86%
86%
90%
91
J-D
J-J
1953
*116
*105%
80%
90%
81%
*100% 101
M-S
gold 5S—1949
Tri-Cont Corp 5s conv deb A—
86%
A-O
gold 4s„1946
92%
99% 101%
120
105
106%
108
—
111%
1
J-J
...2037
ref mtge 8s——
—1968
Public Service of Nor 111 3%s.—
Va
*215
A-O
—1948
Purity Bakeries s f deb 5s
*144
■
.
J-D
&
1st
110%
J-J
110 Vi 110
216
Vi
221%
108% 111%
104 % 104 Vi
;
.
.
143% 144%
—
225
Union Electric Co of Mo 3%s_—1971
J § A Union Elec Ry (Chic) 5s——1945
A- O
—1997
Gen & ref 4 Vis series A,..
J.J
Gen & ref 4%s series B——1997
Rand deb 3Vis
Remington
A 1st
12
102
102
76%
52
73%
13
73
82
11
97% 103%
36
100% 106 %
100% 104%
102
102
20
M-N
101
101
5
98
land
&
grant
4s
J-D
39
*60% —
J-J
57 Vi
A- O
26 Vi
1977
M-S
57Vi
26
*—
59%
54
39
27
72
12
33%
mtge 3Vis series I——1967
M-S
*110
19 V4
fARut-Canadian 4s stpd
1949
J-J
*7%
8%
i§ARutland
1941
J-J
8%
10%
614
22
9%
RR 4Vis stamped
109%
108
108
96
101
96
108
111
:
108%
A-O
95%
95%
2
95%
99
M-N
95'/a
96
48
95%
99
104% 105
50
__„._1980
4%
17
5%
Steel
J-D
.—1955
A-O
*106%
—
102% 106
103% 107
:
A-O
93
93
95%
30
——1953
M-S
99
98%
99
61
1944
M-S
Corp—
J,
1.125s
69
96
90%
99
104
*103%
105
9%
.
100% 100%
*99 Va
M-N
M-N
M-N
*101
102%
100
*101
101%
100
101 Vi 101V 8
100
101 Va
100
101
1 1949
M-N
M-N
1 1950
M-N
*101
.May 1 1952
M-N
*101
—
2.20s
„————Nov
2.35s
100% 10Q%
*99%
May 1 1950
———NOV
2.15s
10
;
1 1943
Nov
:
2.10s
22
.
—May 1 1943
————May 11949
2.05s
106% 108%
5
108V4 108 %
Vi
J-J
11%
18
debentures
1.00s
109% 110
21
States
Serial
Gen
M-S
100% 100%
—1971.
(Del) 5s__
RR & Canal gen 4s
United
129%
109
M-S
100%
99% 103
64
*110
4%s_____1934
6
6
_1970
Cigar-Whelan Stores 5s„—1952
U N J
63
M-S
mtge 3Vis series J__—*—1969
110% 110%
J-J
\
—_1947
—
United Biscuit 3%s debs—
United
101
1967
1st
Pacific RR—
1st
34-year 3%s deb—
35-year 3Vis deb—
Ref mtge 3%s series A
100% 104%
14
M-N
1949
series D
& Louis
_1967
,
101%
mtge 3%s series BL_
Gen
1959
debentures—
Union
104% 104%
Gen
t§AR I Ark
Calif 3s deb—
82%
76 Vi
Oil of
United Drug Co
coll trust 4s A
&
cons
104 Vi
*7
F-A
3s
102 Vi
75 Vi
101
M-N
A-O
88
76
1960
3%s...
67 %
122
88
102
102
F-A
}§ARio Grande June 1st gtd 5s
1939
{§ARio Grande West 1st gold 4s__1939
Roch Gas & El 4Vis
86Vi
1956
4Vis series C
Gen mtge
76%
J-J
J-J
—1956
Republic Steel Corp 4%s series B..1961
Purchase money 1st M conv 5Vis 1954
Revere Copper & Brass
87%
M-N
Union
R
Reading Co Jersey Cent coll 4s—.1951
U
105
103
101 %
101%
100
101%
2.40s
Nov
1 1952
M-N
101 Vi
101 Vi
10
100
102
2.45s
V
May
1 1953
M-N
101% 101 %
1
100
103
NOV
1 1953
M-N
101% 191%
2
100
102
2.50s
Saguenay Pwr Ltd 1st; M 4%s__..__1966
St
Island
& Grand
Jos
St
1st
Lawr & Adir
2d
St
1st
4s_—1947
Iron
—1996
J-J
gold 5s
1996
Mtn
98%
J-J
gold 6s—-
Louis
A-O
50
50
L
Pub Serv
1st
mtge 5s
J a St L-San Pr pr lien 4s A
1950
lien
of
A Cons
A
deposit—
series B_—
5s
Certificates
of
M 4 Vis
....
1950
deposit
—
series A.
Certificates of
1 1954
M-N
2.65s
May 1 1955
M-N
60
deposit stpd
.
148
77%
Utah Lt
76
4
77%
Utah
'
33
79
22'/a
17
13
42%
308
18%
Vandalia
4s
A2d
21%
25 Vs
Va
Elec
& Pwr 3%s
18%
18%
2
11%
24%
Va
Iron
Coal
17% dl9%
389
11%
23'A
17% dl8%
80
12%
227/s
84%
,
11
11%
18%
M-S
ctfs_.
.1989
86
22
76
AGen
&
ref
St Paul & Duluth
—1952
J-J
63%
64%
12
57
44%
45 VB
49
31
t § ASt
P &
K C Sh
,•
28
45
15%
v'-'V:
'
Cons
J-J
5%
F-A
Depot 3J/es B_:_
1971
A-O
A & Ar Pass 1st gtd gold 4s
Schenley Distillers 4s s f deb
1943
J-J
1952
M-S
V & N E 1st
Scioto
gtd 4s
1989
gold
e-A*Adjustment
16%
14%
•'
*_.
99 3J
"2 Va
Va
.
17%
102%
—
8
124
1st
6s
cons
24%
24
25
A-O
25
23%
25%
123% 125
160
F-A
'""w—
3 %
3%
10
ACertificates
a 6s
All
Pla
series B
26%
1
5
11%
46
4%
10%
11%
20
4
12%
M-S
13%
13%
14%
440
5%
15 Va
X
12%
182
6s
A
11%
•
f.
of
ctfs
12%
F-A
■
13%
28
10
15%
F-A
1935
12
28
M-S
1935
certificates-,
15%
72
15%
5%
15
3%
1
15%
4
13
14%
33
15 IS
15 it
.
Shell
Union Oil 2Vis debs
—1954
2%s sinking fund debentures
1961
{§ ASilesian-Am Corp coll tr 7s
1941
J-J
Simmons
A-O
Co
debentures 4s
1952
J-J
98
97%
26
98%
F-A
38 VB
97% 100
38%
4
17
F-A
Socony-Vacuum Oil 3s debs
1964
J-J
gtd 5s
1963
A-O
3l/4s
1962
A-O
1979
J-J
104% 104%
1947
J-J
103
Bell
3s
Tel
Tel
&
debentures
Southern
Colo
Southern
4s
6s
A
Pac
coll)
Aug 1949
registered
1st 4Vis
102% 102%
29
3
105% 105%
99% 103
22
104% 106%
*123
w
123
107 VB 107%
.
103
40'A
100 Vs 103%
123
6
106% 108%
7
1037/8 106%
;.;v. 5
102
105%
M-S
3%s._1972
2003
gtd 5s
5s
J-D
70%
(Oregon Lines) A_
1977
M-S
52%
69%
71%
228
67%
1949
67%
13
52
50%
727/a
50
68'A
194
Gold
4 Vis
49%
58
1968
M-S
51%
51%
52%
113
4Vis
46%
57
1969
M-N
51VB
50%
52%
234
46%
56%
1981
M-N
50%
50%
51%
259
46%
56'A
1946
J-J
91%
90%
91%
90
80 Va
93'A
1950
A-O
85
84 %
85
21
82
89
1955
J-J
68%
68%
70%
61%
72
Gold 4%s_
10-year
secured
Fran
Term
Pac RR
Southern
I
3%s
1st
4s_,
1st
Ry 1st
ref gtd 4s
gold 5s
cons
—1994
Devel & gen 4s series A
Devel
Devel
Mem
53%
90%
91%
72
88
93 %
67%
70 Va
219
60%
72 Va
78%
91%
83
96%
6s
A-O
88
6Vis—
1956
A-O
92 Va
gold
1996
J-J
1951
J-J
ref
Oil
1st
gold 4s
Bell Tel
3s
of
1956
5s
series
Calif
3Vis B
1964
C
1st
1968
gold 4Vis._2013
2%s debs
1966
Standard Oil N J deb 3s—
1961
2% debenture
———1953
Studebaker Corp conv deb 6s
—1945
6s called
A-O
109
73
21
72
94
65%
25
108% 109
72
M-S
79
90
90
76
105% 109%
:
1971
mtge inc 4%s
81%
81%
55
75
84'A
Apr
42%
42
43%
153
33%
50
32%
32%
33%
157
28%
39%
27
27
1991
Apr
5%s A—1975
1976
F-A
A-O
81
M-S
ser
B—
J-J
1981
mtge 4s inc series A
JAWabash Ry ref & gen
;
A Ref
gen
A Ref
& gen
5s series B
4 Vis series C
& gen
—1978
Walworth Co
1980
A-O
1948
24
26
1
24
27%
25%
5
22 Va
26%
22%
27%
28
*25%
A-O
1955
5s series D
1st
mtge 4s
Warner Bros Pict
6s
:
debs
;
6s called
M-S
1948
{§AWarren
Co
Bros
ADeposit
deb
6s
1941
receipts
'■■T
102
103 %
83
19
81
—
—
*28
32
#
86%
—
F-A
Q-M
F-A
F-A
J-D
—1950
*103
-
mtge 3%s
—
—
1st &
—
118% 121%
3
120
107 % 110
109
1967
J-D
M-S
J-J
4s
1952
A-O
5Vis series A
1977
J-J
1943
A-O
100 Si
4
100 Si
104'A
1946
M-S
35%
35%
36%
32
20%
38%
M-S
36
35%
36%
189
20%
38%
M-N
J-D
M-S
84 %
84
84%
78
85%
85%
87
82'/a
82 Vs
83
Maryland
ref
86 Va
:
1966
1st 5s E
mtge 3%s series I
Western
40
103% 105%
1963
West Penn Power
1st
112%
69%
**—
*104'A 106
120
.?
31
•
.
*
Gen
94%
103 V,
95 Va 112%
■
stpd gtd
.
100% 100%
M-S
Westchester Ltg
W
95
37
103 Vb
—
1st ref gtd gold 3Vis—2000
Washington Central Ry 1st 4s
1943
Washington Term 1st gtd 3%s_
1945
1st 40-year guaranteed 4s_._:
1945
5s
94 Va
91%
94
—
Warren RR
28'A
1
26
25%
26
1st
West N Y & Pa gen gold
J A Western Pacific
1st
4s
5s
ser
A
A5s assented
1946
1
105 Va HO
2
110
43
84
2
93
106% 106%
—
111
111
85'A
86
95%
85%
96
•
aoo3i 100 Si
.
112
91%
102
Union
Teleg gold 4 Vis
25-year gold 5s
30-year 5s
Westinghouse El & Mfg 2'As
West Shore
1st
4s
guaranteed
Registered
;
1950
1951
1960
1951
2361
-.2361
West Va Pulp & Paper 3s
1955
J-J
1947
A-O
88
89 Vb
38
92
93%
120
"
*81
J-D
84
86
86
86
78%
4
84%
79%
•
1960
J-J
m'4 j'.:-''
—1949
J-J
51
91
111% 111%
J-J
9
109% 112%
105% 105%
;
Apr
17
104% 107'A
38%
39
7
33%
41%
F-A
102%
102
102%
8
J-D
105 VB
104% 105 Vb
30
103
J-J
103%
103% 104
49
101% 102
21
deb
M 4s A
3%__
Winston-Salem S B
1st
4s
{AWisconsin Central 1st 4s
ACertificates of deposit
{ASu & Du div & term 1st 4s—1936
ACertificates
of
deposit
Public Service
JAWor & Conn East
1st
1968
37%
50
44
37%
47%
4
90%
•
-
91%
«
27
;
94
116%
50
52%
48%
10
14%
15 %
61
110
107
J-J
12%
''
110% 114
90%
95
104'A 106%
37
37 Va
115
55
51
9
35
34
108% 110%
*109% 110%
A-O
'
9
*11%
J-J
102% 105
114
*115
48%
14%
100% 101%
100% 103%
♦102% 103
M-N
4%s_.—1943
43
40 Va
104% 104%
—
—1971
3%s
25
43'A
39%
*109%
90%
—
Wisconsin Elec Power 3%s
Wisconsin
85%
107
105
108%
20
12
12%
101
102%
103% 105%
101%
Conv
1st
88
103% 103%
Wheeling Steel 1st 3%s series B—.1966
Co
81
77%
42%
40
Wilson
&
85
41
63
101% 101'A
M-N
J-J
J-J
J-D
M-S
M-S
1954
79
101% 110
J-J
100% 102%
105%
'
„
''
1945
_
Superior Oil 3Vis debs
Swift &
91
67%
gen
ASpokane Internat
Stand
J-J
gen
1st
180
A-O
&
Southwestern
&
1956
&
Div
St Louis Div
1st
69
102 Va 104
104
J-J
1966
Wheeling & Lake Erie RR 4s..——1949
South
104
F-A
109% 111 %
77
77
1958
mtge 4s series A
Western
Gold
San
gold 5s—1949
1st
Pacific Co—-
(Cent
4s
Power
102%
98%
'
102 V* 102%
1950
Soutn
95%
*99% 100
Skelly Oil 3s debentures
South & Nor Ala RR
Coke
25
A-O
deposit
tSAAtl & Birm 1st gtd 4s_——1933
{ a Seaboard
'
14
IOVB
6
1945
depositA
—
*110'A 111
W
AGen
101% M03%
1959
of
series
cons
AGen
101% 104%
—
Oct 1949
ACertificates
a
102
—
*108%
M-S
99 % 101
20
*__
—
'
—
100
A-O
;;f ARefunding 4s
&
& Southwest 1st
1st
~6%
7%
102% 103
102%
M-N
~5
321
5%
17
1950
5s
*108 Vi
M-N
series B
Wabash RR Co—
1950
stamped
F-A
1957
—1968
series A—1955
f 4s series B
s
A Ref
Ry—
gold 4s unstamped
§Alst
93'A 101%
76%
{Seaboard Air Line
*SA4s
93
31
Virginia Pub Serv 1st mtge
*80
1941
S
16
98%
38'A
1
.
26%
L gtd 4%s
Union
98
97%
56%
26%
.
J-D
Paul
97%
98
1
gold 4s_1968
JASt Paul E Gr Trk 1st 4 Vis
1947
St
97%
F-A
5s.
Virginian Ry 3%s series A
J-J
1990
1st cons
97%
A-O
1944
1st
'
J-J
gold 5s series A
91
2
94%
94%
—
86
M-N
—Nov 1989
5 a 1st term & unifying 5s.
100% 103%
♦101% 102
A-O
ref 5s__.—1944
&
g 4s
101
119
1st
certificates
bond
inc bond
4s
cons
18
19%
JSt Louis-Southwestern Ry—
A 1st
RR
16%
18%
18%
—
—1951
75
10%
1st
Light
17%
•
100'i 101%
95%
55
&
18%
—
J-J
101% 101%
46
91
75
& Trac
Power
17%
■
—-
1978
*76
41%
17%
100% 101%
102
*101
62
90 %
J-J
Certificates
Nov
*67%
42
M-S
J-J
A
2.60s
75
75
J-J"
..1959
1955
A
107%
76
M-N
Mt & P 5s stpd
a Prior
M-N
United Stockyards 4'As w w
*ASt L Peor & N W 1st gtd 5s____1948
L Rocky
May 1 1954
50
50
*—
-
St
2.55s
106
'107%
A-O
,
91% 100%
99%
Southern—
&
a§Riv & G Div 1st gold 4s___—1933
A Certificates
of deposit..:
St
98Vi
;
—
—1956
M-N
1961
Co 2%s debs
100 332
M-N
w-
100 &
1
103% 103 Va
:
11
100% 103%
6
101% 103%
103
103
100
&
108%
Coal Iron & RR
gen 5s
1951
Terminal Assn St L 1st cons
5s
1944
Gen refund s f
gold 4s—_
1953
Ref & impt mtge 3%s
series B—1974
Texarkana & Ft Smith 5Vis A
1950
Texas Company 3s deb
1959
3s debentures
1955
Texas & N O com gold 5s_
_
—
1943
a
119% 119%
F-A
105 % 105'A
J-J
J-J
'
M-N
J-J
16
87'A
'
105%
119
1
110% 110%
*103
-
F-A
A-O
5
20
105 Vb 105'A
7
105% 105%
39
*101
105% 108%
109
•
87 Va
122
111
101
104
85
92%
104% 106%
104
106 Vb
99% 101%
f 3Vis series D
Deferred
Included in
J-J
1948
Conv deb 4s
1st mtge s
T
Tenn
Youngstown Sheet & Tube—
not included
delivery
the year's
in
sale
range,
.—I960
M-S
101%
M-N
98%
101% 101%
13
98%
30
98%
98% 100%
not included in the year's range,
d Ex-interest, e Odd-lot sale not
n Under-the-rule sale not included in the year's range,
r Cash sal#
the year's range.
"
impaired by maturity. tThe price represented is the dollar quotation per
pound unit of bonds.
Accrued interest payable at the exchange rate of $4.8484.
§ Negotiability
{Companies reported
as
being in bankruptcy, receivership, or reorganized
the Bankruptcy Act,
or securities assumed by such companies.
•Friday's bid and asked price. No sales transacted during current
A Bonds
selling flat.
week.
200-
under Section 77 of
'.JWI '1® »*
UuD.asur'i Wi'tt'a; imjflji.AiBwin *1W^ AibUN* rfhWW •iWttVM'iW'Afcaib Ud
i»iw niuwu .««
i
,-fefcM
iH>ltiWJ(4K)AJiW (Wi.rturtiKH'i.^Sjiw.ut IIIMftiU»AttilJt'K4JMaiLlUwfcRl4U W
(JWlvH
ptortyMftnGMiMMtM
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4133
Volume 156
vMrtfchU H^i1^U^,W4W»^h!rfW»U|l^
>MJ|.jUw.fl «.
2113
NEW YORK CURB EXCHANGE
AND
WEEKLY
in
in
footnote
a
In
list
extensive
following
the
RECORD
YEARLY
week, and when selling outside the regular weekly
disregarded in the week's range unless they are the only transactions of the
the week in which they occur. No account is taken of such sales in computing the range for the year.
and deferred delivery sales are
NOTICE—Cash
furnish a
we
complete record of the transactions on the New York Curb Exchange for the week beginning on
present Friday (Dec. 11, 1942). It is compiled entirely from the daily reports of the
security, whether stock or bond, in which any deal ings have occurred during the current year.
Saturday Dec. 5, and ending the
tended to include every
Curb
Co
Wire
Class
B
Associates Inc
.
—..
Investors
Dec
Borne Scrymser
3%
Dec
8%
Feb
Bourjois
1%
Jan
2%
Sep
Bowman-Biltmore
2
Oct
7ft
Oct
$5
300
_50c
1%
1%
1%
400
2
1%
1%
1%
900
,
II May
Great
Southern
..10
I~I5
50
preferred
$6
Alles
Investment
Allied Intl Investing $3
Class
A
conv
pfd.
conv
73
Jun
83
90
89
Sep
107
Feb
79
Sep
97
3
3
200
1%
3% May
Jan
2'A
y4
23%
X23%
100
% May
2%
Dec
1%
i%
25
2%
Mar
2d
6%
200
%
Jan
1%
Dec
24
400
17
Sep
24%
Dec
24%
175
20
May
24%
Dec
—_—•
102
102'
104%
1,400
—__100
.—.*
107
106% 109%
2,700
preferred
Aluminum
Goods
Aluminum
Industries common—
Aluminium
Ltd
Mfg..—
preferred
6ft
American
—
Book
Corp common
Brewster Aeronautical
Bridgeport Gas Light Co
Preferred
Brill
American
Box
—I
Class
7ft
class
Common
preferred
prior preferred
Cities
Convertible
&
A
Class
14%
14%
14%
25
14%
14%
15
American
Fork
Gas
4%ft
&
Hoe
&
%
%
Feb
%
100
93%
93%
96%
common___10c
.
...
1
29%
:
19
2%
V
2%
preferred
29
Brown
Rubber Co
Bruce
(EL)
17%
250
10%
%
Apr
12%
104
24% May
27 % May
11%
12 %
1,800
Maracaibo
American
American
Potash
American
Republics
Seal-Kap
American
American
common...
$6 series
American
American
Anchor
Fence.
Post
Angostura-Wupperman
Apex-Elec Mfg Co common
Appalachian Elec Pwr 4 Vz ft
class
6 Vc
A
Aro
Art
Corp
Metal Works
Oil
Ashland
&
Associated
1%
1%
Nov
Feb
dep rects reg
Voting
Calamba
Nov
Birm
& Coast
RR
Co
27%
.
6%
Apr
Dec
Feb
61% Mar
2%
32
Jan
Oct
J an
Apr
55%
Nov
Apr
2%
Nov
Electric
Class B
Capital
Jan
Carman
Apr
Class B
it Jan
1%
Dec
Carnation
9
Jan
Carolina Power
7% July
U
Sep
1%
Nov
103 % Jan
1%
Nov
warants
Co
Stainless
Barium
Barlow
&
$1.20
Basic
Co
for
Seellg
Corp
common.
Nov
Dec
5%
100
4%
Jun
6
Nov
Central
4%
400
NOV
3%
Jan
4%
13
Jan
3% Aug
Nov
%
Mar
%
Jun
106
'
3
Jan
350
22
Jan
A
""%
'
67
Jan
Aug
2%
2%
2%
200
12% May
1% Jan
3%
3 Ma
3%
600
2% May
3%
200
15%
3%
3%
14%
14%
16
"
300
175
15
'•
A
Feb
Sep
Products
Casco
Catalin
2% Mar
13
Jan
4
% July
35%
Oct
4 %
Nov
Ma
Central
A'rcraft
$1.50
3
Dec
3%
Feb
3%
Sep
16%
Nov
May
36 %
Nov
4
£pr
5%
Sep
Beech
Aircraft
Bellanca
Bell
Tel
17%
Dec
28%
Jan
2,300
2%
Jun
4%
Jan
150
27 %
Dec
33%
Jan
Feb
x4%
Oct
1,300
% Aug
1%
9%
150
6% May
9%
Nov
3%
800
3%
7%
Jan
2%
27%
4
1,000
II
1
9%
3%
3
Dec
Benson
&
Hedges
Convertible
Cities Service
Controller
Claude
preferred
Birdsboro Steel
Blauner's
....
Clinchfield
Coal
Cohn
&
Bliss
Blue
$3
(E
W)
optional
'
common
Ridge Corp
■
common—.—.
convertible, preferred
For footnotes
see
page 2117.
4%
Feb
Dec
8%
Feb
Apr
22%
Sep
100
Co—
*
common—...—•
—.—*
Columbia
Fire
Feb
Va Aug
%
Dec
Va
Jan
II
Dec
Sep
Jan
2Va
Apr
% Mar
lVa
Jan
3/a Aug
A July
3%
Dec
1% July
2
Apr
19
Oct
Jun
77%
Jun
15%
Jan
21%
Nov
Jan
3 Ma
Nov
Mar
May
A
2% Aug
Jan
X19% May
5 Ma
100
Oct
35% May
Oct
%
Nov
12
Feb
20
Apr
Apr
6M4
42
Jan
30
99
Apr
111 Ma
10
90
Apr
103%
Feb
8%
Oct
Mar
6%
Nov
4%
Jan
7%
Dec
2 Ma
May
3 Ma
Jan
5%
Oct
7%
Jan
Apr
110 Ma
Dec
72 Ma May
85 Ma
Dec
2,500
4%
—
7%
600
3
6%
6%
109% 110%
84% 85%
1,500
7%
134%
Mar
6
;
36
Sep
300
250
37%
6% May
1% Jun
11%
4%
Oil &
5ft
Gas
&
9%
•
extended to
%
Nov
Jan
V
8%
Aug
10
Jan
Conn
Gas
38%
725
37%
Dec
39
Sep
Conn
Telephone
3,100
400
6
10'A
2,800
n
%
t
c
&
—
40
320
Biscuit
Dec
8
Jan
Apr
5
Jan
Consol G E L P Bait
9%
A
Dec
Feb
Mar
20
110
90
7
103
103
%
,
25
Jan
85Va May
Jan
Jan
4,100
Dec
13
4
4
300
2% Mar
4A
200
37A
8%
78%
100
6% May
425
150
50
5%
Jan
%
Dec
7%
63
Jan
107-
Ms
7M»
3%
7%
4
8
1,700
A
8%
—.
Jan
4
Jan
Apr
Dec
Ma
Jan
10% Jan
70 Va
Apr
83
Jan
47
Apr
64%
Nov
x4M4
Feb
6
Jan
8%
16%
Jan
1% Nov
40%
Dec
4ft
Gas
Sep
2 Mb
May
750
52%
4%
4%
„ v;
—
V
—
79
78
78'
77
Apr
A78
4'A
Apr
4%
Dec
Sep
52,
Jan
Apt
82%
Jan
-V 50
.
40
Apr
Jun
82%
Jan
100
37/a
6
V4
'
30'A
—
—
July
11
Nov
600
30%
5JA
7%
1%
—
..
1/128
&
Mar
Sep
Jan
■
4M4
Sep
6%
Apr
3M«
Jan
7%
Dec
1
Ma
Dec
4
Ma Aug
% Mar
3%
Jan
May
2%
Nov
Mar
4M4
Nov
1,300
1
May
2
Jan
250
50
Dec
72%
470
15 Va
Sep
34
4,300
%
Apr
4
600
„
56,200
500
13
Mar
7%
1,050
3
8,400
1
Co
1
common
•
2'A
55%
2
54%
Utilities—
100
,-j.uo
Jan.
Jan
Jan
A
Nov
18
Jan
Apr
Jan
Oct
A
2%
Va
1%
1/256 Mar
700
7"
7%
Apr
Vz Mar
2
800
14%
A
7%
*
2%
Corp
Feb
5
35
...
1%
51%
21
22
18.'
U
1/128 1/128
a33
%
Apr
800
.
13 %
—
Mar
600
1%
3%
1
50
15
Nov
100
—
1%
Jan
6% Mar
Ma
21
6 %
—
—
1,150
1%
.
4%
4%
—
29
5
7
Feb
55
2M2
150
A
>
Nov
28 Ma
12'A
12
Feb
3%
40
—
12
Jan
14
120
600
:79
4%
—
27
1
1
1946
series B
Consolidated
6 "Ma
7
preferred
preferred series C
4%ft
25
1
200
4,200
49
—
—
warrants—
500
3'A
3
3
49%
A Mar
A
8%
A
7%
—
22
& Electric
5%
27
400
—
1
Coke Semir common—•
Consolidated
2,500
%
39%
—
preferred.100
1
Southern
2%
5%
6%
50
Water Service
Compo Shoe Machinery—
200
A
2%
..
—
Public Service—
10
%
9%
2%
25
warrants
Arms
Gas & Elec
Jun
%
6%
1
Fuel & Iron
Patent
34
39%
Jan
13
8 Ma
.
39%
105
—
1%
ordinary..,
Community
"9%
105
—
Airlines
Colt's
Jun
•
—
100.% 100%
6%
7 Ma
—
...
Colonial
34
1
Jan
12 Ma
25
9%
39%
..
—
Rosenberger Inc
Mar
l
91%
1,500
%
9%
Co
Development
30
5%
Sep
8% Mar
61%
121
%
Utensil
Plow
Community
2,100
3%
«
<
Jan
2Mb Mar
—
Corp
Aluminum
Cockshutt
Commonwealth
Fdy & Mach Co com—♦
Oct
15 Ma
5% Aug
2%
—
..
—
—
—1
Inc
Cleveland Tractor common—.—
Columbia
37%
Sep
42
77%
Mfg—.—.——4
Illuminating—.—-*
*
Electric
Cleveland
1
Co
& Lambert
Oct
•
common
*
*
—*
—
Lights
Neon
Nov
%
Co__5
& L $7 preferred—*
preferred
J-——
Stamping
*
City & Suburban Homes
10 ,'
Mar
3%
9%
112%
9%
112
•
common
Dec
18
■A.¬
,
1
Auto
117
1
Inc
100
$6
•
preferred
1%
Cities Service P
•
common
1%
common.—^.———10
preferred
'60c preferred B
$6 preferred BB
Aug
Bickfords
$2.50
Jan
6
21
9%
35 %
400
100
$6
101
^1
Berkey & Gay Furniture
,
3%
100
...
1%
1
Consolidated Mining
Colon
100
Hi
common
Canada
1%
Nov
2%
3%
20
Corp
Aircraft
of
100
common———————10 '.-i-j.A-' ■
41/2
5
;8%
25
..
78
5
x62
x62
4
—
5%
Corp
Clark
1
convertible preferred-
3%
1
;
Childs Co preferred
19
2,700
Co
Oct
19 %
10
18%
.
Metal Weather Strip
Chamberlin
Chief
100
10
common
3%
West Utilities—:—50o
South
&
Colorado
Mills Inc
Apr
A
u
& Elec com
Gas
Hudson
Jan
"Ludwig"
Brummell Ties Inc.
Beau
Beaunit
Oct
Apr
4Mb
Nov
7
4%
17%
America
of
Corp
Charis
36 Ma
27%
3%
%
14 Ma
A
is
Cherry-Burrell common
Chesebrough Mfg..—
——.
Chicago Flexible Shaft Co
Chicago Rivet & Mach
...
4%
1
J
1,700
1,800
•
preferred.100
Central New York Power 5ft pfd—100
Central Ohio Steel Prooucts—
1
Central Power & Light 7ft pfd
100
Club
Refractories Inc
Baumann—See
.
Feb
36 Ma
5
common
Oct
Oct
Jan
100
*
1
1
Nov
109%
% Mar
3,800
5
2%
Aug
80
Jan
11% Aug
Central Maine Power 7
1,200
17%
May
Jan
8%
3%
-
1,100
9%
9'%
9%
————-*
9'A
87%
28%
:
81
78%
79
_•
Co common
Jan
Mfg—
convertible
18.300
.-V
Apr
1
Steel
10'A
—*'
& Light $7 preferred—*
Aug
30
;
8%
9%
—A
6%
3 Ma
common
common
200
common
(J W)
Clayton
■
Rubber
36%
25
—
6%
26 Ma
„•
preferred
35%
46
4Mb
—
75 %
Baldwin Locomotive—
Purchase
11%
1
40
B
7ft
Va
200
1
5
Assn—
preferred.—
$6
City
Baldwin
1,200
14%
.100
100
3
Wilcox Co
%
14%
10
%
*
——•
3,100
~"%
&
78
Alcohol—
8%
8%
62
4%
6M4
78
class A
Co
&
Carter
Apr
26%
...1
Jun
10
.
Products
City
Carrier
Apr
C
Babcock
Power
preferred
7ft
%
1
-10
1%
50c
20
Canadian Marconi
Nov
% Mar
•
300
5%
50c
-
voting
non
2%
-3%
..25
12 Ma
Industries Ltd—
Canadian
2%
50
lis
Jan
%
voting
3%
..*
preferred
Jan
Feb
7%
5
—12 %c
Industrial
A
Jun
.—1
6ft
Nov
2
1%
200
rets
7ft participating preferred.—
Jan
A
•
Oct
1%
100
210
Cement Co Ltd 6%ft
Nov
2% Mar
Hi
% Mar
1%
1%
12
*
preferred
1%
11% July
16
Jan
12
—2.50
Tungsten Corp
Fire Insurance
Class
8,000
pfd__100
Automatic
1%
1%
1%
—25
•
87%
4%
*
Feb
14Mt
5
*
Sullivan
2
...•
Co.
55 Ma
& East Power—
&
'
Coast Line
Ma
Jun
Nov
1
trust certificates
Canadian
1%
1%
.100
Atlantic
% July
40
100
200
50
Sugar Estate
Canada
Cessna
Atlanta
.
42
•
Line—
$3
California
1%
91%
Jan
Dec
Cable Electric Products common
700
__£1
Associated Tel 8i Tel class A
42
1
Burry Biscuit Corp..
Apr
33 %
!
Feb
Apr
3 Ma
Nov
—
Corp Am dep
Jan
A
Aug
2%
60
Jan
Electric Industries—
American
Inc
Burco
13%
May
1
Jun
10
Jun
■
Jan
1%
13
common
Mills Ltd
Hill
330
Canada—....*
Associated Laundries of America
%
52
Dec
2%
Jun
—
5%
1
1,300
Jan
Nov
A
■:
20
2
1%
Oct
common—_—.1
8%
8%
87
8V4
5
...
Refining Co
Associated Breweries of
300
1%
—
common
1st
$5
Bunker
96%
95
1%
...10
preferred.*
1
preferred——
Equipment
9
8%
9
•
non-voting
Arkansas Power & Light $7
100
60
pfd—100
Canadian Car & Foundry Ltd—
100
1%
200
1%
21
6%
preferred..
preferred
18
1% Mar
1,300
2
1%
95%
May
8
Camden
4%
100
2%
•
Arkansas Natural Gas common.
Common
3%
2'A
2
.1
•
100
pfd
Dec
19
Jan
Callite
xl8
300
52
3
25
30% Jun
Jan
2,000
3%
2
.
A
2%
A
Jan
7,600
21
•
Nov
400
1%
1%
8 Ma
3%
Oct
11
85
12,700
51
52
...
Nov
%
26%
1,300
2%
2
2
Dec
10%
7
59%
42
33
600
"5% "5%
5%
10%
4%
1,000
1%
26% July
3,100
%
19
Jan
May
1,400
8
3
60
Jan
39
Superpower Corp common..*
preferred.
*
preferred
•
Thread 5%
preferred
5
Writing Paper common..
."*
$6
1st
A
18%
19
10%
1%
Apr
18% Mar
•
10
—.2
%
7%
21
79%
1
Co
Chemical...
Jun
Nov
common
Niagara
22
21
.—100
...—•
&
Sep
32
11
v...—25
—.100
Meter Co
American
Jan
31
7% Mar
common.
A
3% NOV
1% May
50
Apr
18% Mar
——
600
20% Jan
82% Mar
600
1,200
50
Co
July
41%
Apr
13%
200
...
$1.60
36
July
14%
Mfg
Buffalo
Nov
A SeP
28% May
A Jan
20%
preferred
Dec
%
Apr
Co
Pipe
Buckeye
Apr
14%
Preferred
Dec
17%
20%
11%
%
Nov
Oct
...__1
Rubber Co—
3 Ma
*
Feb
29%
3
May
14
preferred
6%
-25
6%
$6
80%
35
11%
18%
American
American
Feb
11%
10,000
11%
18%
•
3%
Sep
1 %
31 Ma
Forman Distillers——.—
Jan
Laundry Mach
20
American Light & Trac common—25
Hard
Nov
4
1,200
Vo
Sep
Nov
600
■
10%
7%
——10s
rets ord reg
preferred
A
Brown
4%
5,500
10
$2.50 convertible preferred
American
Class
Burma
common
Corp
Amer dep
Brown Fence & Wire
Jan
5,600
.V
.
.
General
convertible
&
35% x36%
%
35%
.
Electric.—...
preferred
American
$2
1
7%
Mar
reg
Ltd—
Jan
350
10
10
...
Mar
10
ord
rets
Celanese
4%
500
Foreign Power warrants
American
dep
%
%
.25
class A
34
£1
£1
Co
dep rects ord bearer
Am
Bruck Silk
—
non-voting
American
Nov
Light—
.
Cyanamid
B
5%
Jan
Am
British
7%
—
Class B—
Dec
24% May
A
600
5%
Dec
Nov
—_—*
1
65%
5%
5%
1
Power
class
300
...
Mfg
Class ' A—*—
3%
800
%
J
Nov
%
Apr
Sep
•
'
American
400
104
Jan
A
,—
$5.50
American ' Central
American
4%
%
47
Tobacco—
Dec
4%
-10c
Dec
May
2%
A
100
*
A_.
Oil
Sep
19
Class
American
7
60
.10c
B
Dec
33
A May
•
—
I
common
American
82
100
B—
preferred
Mfg Co
British
Apr
21V.
4%
6'A
3'A
5% May
2%
*
A
British
Sep
May
90%
common
Co
Capital class A common
American
$3
Board
90
46
—
2%
....—100
,
class
Corp
Jan
65%
20%
21
—
•
Machine
Bridgeport
Jan
550
""% ""%
.100
High
Sep
24
•
12%
12%.
.100
...1
700
6%
46
—
1
Breeze
114%
12
4%
81
82
——
Co
Apr
99% May
•
common.——_—
American Beverage common
' Feb
105
78%
100
82
12'A
Low
4
1% Mar
100
*
_•
1
Brazilian Traction Lgt & Pwr
Brillo
Aluminum Co common
Range Sine* January 1
•
common
preferred
preferred
1st
Shares
Jan
90
ZIio
common
100
90
2
1% Aug
200
73
*
(Mich).—.
Products
Allied
1%
A Jan
1/64 Nov
% May
100
100 % 101 %
*
;
..
101 Va
"II*
"III
—
Fisher Inc commons
&
Alliance
1%
73
♦
preferred—
$7
21%
19% July
Co
Inc
for Week
•
High
6
—
•
100
.—25
*
preferred
1st
Sales
Range
of Prices
Low
*
Co common
(H C)
6%
1,900
—
Electric Appliance
7ft
;
(S) & Co
Jan
4%
—.
Air-Way
Alabama Power Co
Bohack
4
Warrants
Alabama
Blumenthal
Oct
6%
...
preferred—
Feb
Nov
5%
3%
.—
22%
21
Sep
Mar
Curb Exchange itself, and is in¬
Week's
Last
Sale Price
11
Par
Jun
6'A
Friday
Exchange
Dec.
High
4'A
1
Corp..—,—_
Curb
York
Week Ended
600
5
4%
1
-.5
common.
Convertible
..
(N J)
Accessories
Aircraft
Air
16%
20
1
.
—
Ainsworth Mfg common...
Air
Low
-.10
common
Supply Mfg class A
Aero
New
Range Since January 1
Hiah
Low
Par
Acme
for Week
Shares
of Prices
Sale Price
11
Week Ended Dec.
Sales
Range
Last
Exchange
STOCKS
Week's
Friday
STOCKS
York
New
range are shown
9 Vz Mar
3Sa
Jun
V*
Sep
Jan
3 Ma
Dec
7A
Jun
27/a
—
—
103
—
2%
56
111%
111'
102Vs
!
103
300
2,600
130
20
Oct
56
Dec
Apr
115
Oct
96% Mar
104
Aug
39 Ma Mar
106 Ma
IM4
Jan
2Ma
Dec
:
THE COMMERCIAL & FINANCIAL CHRONICLE
2114
Monday, December 14, 1942
NEW YORK CURB EXCHANGE
Range
preferred
Consolidated Royalty
Steel
Consolidated
7%
Jan
31%
Nov
General
Outdoor Adv
4%
Dec
General
Public
105
Dec
July
General
Rayon
General
28%
25%
100
107
1%
i%
1%
1,000
1%
Jan
1%
Jan
5%
5%
5%
600
3%
Jun
7%
Oct
—10
Oil
Corp
1
9%
2,000
7%
Jan
12%
Apr
8%
250
7%
Jan
10%
Sep
76
8%
.
...
8%
60
6%
1,300
Jan
Petroleum
Cosden
4%
Dec
A
200
A
Jan
%
Jan
1
84
Sep
Glen
Godchaux
%
31
900
%
78%
39%
III
%
%
12%
12%
30
1
%
%
Jan
Jun
1%
Jan
12%; Oct
16%
Jan
2,000
12%
Dec
Oct
6
200
Courtaulds Ltd—
Gilchrist
Croft
Co
Brewing
100
2
Mar
4%
Nov
15%
—3
,—
Electric
Wheeler
Crocker
4%
15%
16 %
3,100
11%
Apr
19
Oct
10%
Petroleum
Creole
4%
£1
receipts (ord reg).
10%
10%
21,500
4 %
Jun
10%
Dec
3,200
us
Jan
A
Nov
—1
—
A
Crown
Cent
Petrol
Crown
Cork
International
#
A__
6%
6%
""25c
Crown Drug Co common
convertible preferred
Crystal Oil Refining
$6
preferred
100
1
500
1%
3 %
Nov
6%
4%
Class
Jan
$3
Cuban
Tobacco
Curtis
Lighting
Inc
Great
500
10%
Jun
100
1 %
Jun
1
6%
% Mar
2
.2.50
common
5
(Mo)
% Apr
9
Aug
Aug
15%
Petroleum
Mills
Dayton Rubber Mfg
Class A
Consolidated
Feb
Oct
15
13
11%
206
6%
10
10%
Jan
3%
200
2%
Jan
1%
"1%
1,000
1
8%
.100
1%
"8%
...1
1%
500
Foundry
Detroit
Mich
Stove
Detroit
Steel
~8%
Aug"
Dec
2% Mar
Jan
51% May
Mar
De Vilbiss Co
Diamond
Co
7%
1
-10
13
Jan
49%
:
8%
Nov
200
7
Feb
Dobeckmun
Co
100
1%
18% Mar
10%
Jun
common
3%
1
Draper
&
Coal
B
Corp..
3 %
Duke Power Co...,
Durham
2%
Duval Texas Sulphur
'7% ~7%
Stores
Alabastine..
Lime &
East
Gas
4 % '/o
6%
Fuel Assoc
Eastern
States
Hammermill
-Hartlord
Paper.
Electric
voting
Brewing Co
trust
100
Xl8%
18%
19%
Jan
t
v
7%
Machine
B_.
Class
Heller
$6
preferred.
warrants
Watch
National
Emerson
Electric
(R)
Oct
Consolidated
Hollinger
1
Mar
Holophane
Feb
8
July
HordeFs
8%
Jan
1%
Jan
v33
Dec
Jan
A
Jan
22% Mar
%
Dec
Jan
9%
Sep
17
Jan
9%
Sep
17
Jan
40
32
Dec
3%
1,100
2
Jan
1%
15,000
Co
G
Empire Power participating stock. .._*
Emsco Derrick & Equipment
—5
Eureka
Inc.—....
(A
C)
&
Hardart.—_—
Pipe Line
Eversharp Inc
...
38% July
3%
Hubbell
Falstaff
Fansteel
Aviation.
Humble
&
Oil
Fibre
Fedders Mfg
Fire
Hussmann
Ligonier
Ford
Motor
Am
dep
Ford
Class
A
Class
ord
B
Illinois
Jan
5%
Nov
1,300
irt
Jan
6
4%
5/64
500
22%
5
20
700
Apr
Foundation
Indus
—
$1.50 preferred
Fox
(Peter)
Franklin
Co
Froedtert
Conv
Fuller
$3
Distilling
Grain
_
Malt
&
common
participating preferred
"5
~5
~5
%
20%
2%
2%
~4%
convertible
preferred
5%
Co
8%
100
A
May
150%
Oct
81
Jan
Mar
155%
Nov
Apr
159%
Sep
Apr
168%
Sep
5
preferred....
Gellman Mfg Co
General Alloys
Gen
Apr
25
Nov
6
:
Nov
Jan
A. Apr
1,200
550
"4%
common
4
8%
4%
200
400
3
81%
2%
xl5%
xl5%
16
Co.—
Gen
Gas &
Elec
$6
(Can)
950
3
■
1,900
15%
For footnotes
see
page
2117.
Nov
30%
50
4%
4,500
6%
6%
200
8,
8
•
20%
Jan
Dec
2%
Jan
'25% Mar
31%
Oct
6%
Jan
1%
3% May
Aug
10
Jan
7% Aug
10
Jan
6
50
5%
6%
Apr
24
Jun
20
9%
9%
100
9%
11%
Oct
Jan
Jan
6%
3% Mar
1
Nov
Feb
xG %
V, x6
6%
2,800
16% .16%
400
7%
Jan
5
29
28^4
29
130
24
25%
Oct
12
Apr
16%
Dec
12
„
Jan
12
Jan
31%
Sep
,
>
425
27% Mar
2'A
3
Jun
21%
Jun
Aug
27%
Jan
107% Aug
112
Xl3%
15
Apr
12% Aug
15
Jan
400
%
59%
59%
x2%
',',
60
X2%
,
900
5%
2% Aug
-
Oct
62
46% Mar
1,100
3 %
6
Jan
Jan
Mar
%
Feb
A
Feb
4% Jan
9%
Sep
% Aug
%
Dec
Jan
3%
Dec
1%
Nov
300
200
3%
2
1<200
.
1%
-
2%
preferred..*
Apr
Oct
Insurance
4%
Dec
International
Cigar
Hydro Electric—
series.—*—:*:
Apr
:
7
Nov
9%
Nov
1%
Jun
2%
Jan
5 % Mar
3%
68
Sep
Sep
7%
Jan
9 %
Nov
5
-
16
2%
16
Jan
Jan
2%
2%
1%
Feb
3
Nov
Jan
16%
Oct
Jan
16%
Oct
500
May
1%
10%
Feb
Dec
2%
Nov
Nov
20
Nov
15%
Jun
18
July
1
Jan
8% Mar
18% May
12
7%
Co
of
Industries
Metal
Petroleum
Interstate
Interstate
Interstate
2%
20%
Oct
Jacobs
Oct
Jeannette
40
Mar
50
Feb
Aug
5
61
100
400
40
14
20
21%
22
67
70'.*
12%
2%
2%
Oct
9
Jan
8%
Jan
Apr
14
Apr
2%
86%
,
.
.
Dec
5% Nov
107 %
Jan
130
12
Apr
26
40
12
Apr
26%' Oct
Oct
55%
Apr
500
10
1%
12 %
12 %
77%
13
Aug
200
1%
Feb
Va
400
.1%
Jan
12%
5,100
1
•
"5%
100
1%
Oct
Jan
13%
Nov
4
.,
% Aug
A Feb
July
aa
6
3%
Apr
"3%
100
19 V2
400
Mar
13%
Mfg Voting trust ctfs../•
14
250
7%
8%
1,000
-A-
X7%
i/»
2,000
Jan
7%
Dec
Sep
800
2%
1'
10%
;;
aa
Oct
Feb
31
Oct
8*%
3% Nov
% May
V* Jan
Feb
10'
Aug
15
%
,
22% May
preferred....—.-*
Royalty...
1
Nov
Nov
6
Jan
•
150
3%
Nov
7%
13%
3,100
19%
Nov
Apr
"2
7%
Jan
2%
8% Mar
9
"5%
17% Aug
Jan
Feb
550
4%
"1%
*
...—*
—1
*
1V# July
Vt Mar
7'A
68%
$7
(FL)
Co.
——1
——_—
Glass Co
—;
•v
2%
2%
"Itf
60%
61,
67%
67"
100
—1—100
—/
*
77%
1%
200
67%
77'A x78
*
,
23
1
Oct
July
%
Nov
% July
15
Jun
9 % Mar
Vb
Dec
12
Jan
Oct
3%
NoV
Is,a
Jan
Sep
July
50
Dee
81
Jan
50
61
Apr
83
Jan
30
,
57
68
Apr
95
Jan
11%
Jersey Central. Pwr ti Lt 5%> pfd_.10O.
Nov
12
Nov
Jan
K
'July
%
Nov
s/«
Jan
7%
Sep
Ken-Rad Tube & Lamp
1%
Dec
2
Nov
Kings Co Lighting
6
Sep
7%
Dec
Feb
15%
Jan
Kingston
59% Mar
102%
Jan
Kirby
800
12%
50
'
5y»
92%
20
Hosiery -Mills—
Power
6% Aug
90
..
.....
—
A May
%
90
I—
Nov
8%
Jan
52% May
..
14
5%
92%
.
8%
Oct
50
200
.
Oct
Jan
Jan
Nov
11
47
7%
7% Mar
9
3%
5%
6
600
Italian Superpower A—
12
7
1
shs„*
Irving Air Chute.—/—'—*
35%
3%
10
200
:
:
preferred—.
Home
Equipment—...—1
Iron Fireman
Mar
._*
9.
,
2% Mar
50
Inc
coupon
prior
Mar
100
500
Razor B_.
$1.75 preferred.
8
1%
1,300
8%
Utility class, A_.——*
B——
-*
25
1%
Jan
8%
Industries A—*
International Safety
47
1%
13%
Ve
8
International
200
£1
Nov
May
,8%
>8'/4
shares—
...—
International
Products./..—.——*
450
x
Dec
2%
9
Registered
12
%
24%
250
Machine—.—
$3.50
International
34-%
%
Apr
Mar
I
11-%
North America*—10
International
11%
_•
A May
16%.
100
preferred—
33
—
800
1,200
Industrial Finance v t c common—...1
Class
11
100
-
Jan
64%
103
17
1
1/
24«
1,800
100
...—
Dec
10
—
*
2%
10%
...£1
Ireland
23%
500
800
tt
"vl%
10%
-
£1
Jan
2%
•
*
.
23%,;. *,,23%
v-1%
7
Pipe Line..—;
7%
Indianapolis P & L 5%% preferred.100
Indiana Service 6'}l preferred......100
7 'A
',1
Nov
50
16
15
•
14% May
4%
coupon.^...—____.*
Indiana
Kansas Gas & Elec
Kennedy's
preferred B
4
2% May
200
400
4%
*
%
8
•
5% preferred series A
General Fireproofing common.
200
1 %
..
2%
44% May
__
^8
1
1
3%
17%
30%
.
21%
1
dep rets ord reg
General Finance Corp common.,
Feb
Apr
.
1% Aug
1%
—...5
Jun
Electric Co Ltd—
Amer
Jan
Jan
13
1%
Jan
3%
•
May
13%
100
100
Co
%
1
2
3,100
2%
21
__
79%
100
common..
19
46
16%
1%
....
preferred—
—
,7% preferred
Julian & KokCnge Co
Power
4% May
Apr
May
1,400
.1
prtierred——...50
6%
Gatineau
1%
1 %
25%
Registered
—
-*
Imperial Tobacco of Canada
....—5
Imperial Tobacco of Great Britain &
6% Mar
—
•
Feb
15
500
100
•
...
19
20%
__
1
stock
3%
300
Jan
Jan
5%
May
18%
■
1,300
1
Vb
Jan
Imperial Chemical Industries—
Am dep rets, regis.*.—
82
60
4,700
5
Dec
88%
Imperial Oil
4% May
J.
1%
1
—
3%
17%
Feb
89
157'A 157%
Zinc
Illinois
Investors
Co
(Geo A) Co
conv
4fr
—
Brewing
Jan
Oct
Jan
85
157%
7%
10c
109
12% July
9
57
*
*
Apr
65
28
Engineer—
Common
Jan
125
Apr
81
•
,
Oct
108
400
Aug
4%
150
1%
•
.
Yards
4
16
15%
:■
Powtr
Iowa
convertible
$3.50
Stock
Dec
39
Apr
14
Div-^ arrear certificates...
£1
voting
1%
24% Mar
3,200
1
Hydro-Electric
Securities
Hygrade Food Products..
6%
5
non-voting
Feb
"
63%
■
Worth
Jan
7% Mar
Nov
Canada—
of
Jan
Jun
70
...
Aug
10
reg__
%
Nov
t*«
35%
40
——
Huyler's common
2% Mar
7';
;
37
4
-16
,
5
,V t c for 1st preferred^..
36%
1%
...
36%
100
5%
5
1,400
7%
Light" $7 preferred—*
Co Ltd—
rets
Motor
Fort
&
1-%
■
1,200
Co.
3,400
•
Co...
<Phila)____
Power
%
-7%
134%
Dec
■
5%
l
Association
Florida
Feb
Jan
A
25
92'A
Corp.—...„„5
42%
.1
Metallurgical
650
.
Jan
69 %
Refining———*
Hummel-Ross
40%
__1
;
1,200
Oct
-
Oct
%
—50
Engine ti Airplane...
Brewing
32
.25%
4
83
,
'
International
Fairchild
%
(Harvey) Inc__l—— _—....5
Preferred
Falrchild
Apr
—,—100
Jan
—1
common..,
May
Nov
1
common..
2
58
Nov
13%
Co common..
preferred..^
5%
2%
~4%
1.
Jan
4%
70
& Co common.J
(Geo A)
12%
_i0c:-
—
200
......*
International
$3
Esquire
%;
3% Aug
•
91
•
60%
6
...
common..'
convertible preferred.....
29
Mar
14
M
j.-,
Apr
.100
Equity Corp
19% Aug
\
200-.
2
common
Inc
34% Aug
22%
.100
28
10
2,200
.100
preferred
preferred
8%- preferred
Oct
Jan
Jan
52%
50
Empire District Electric 6% pfd.i_ .100
Empire Gas & Fuel Co 6% pfd— .100
7%
Jan
30
Apr
10
40
—15
6 % %
Oct
1%
Oct
Feb
3%
10% May
4
%
iV Jan
........25
—
—
1%
4
Mfg__.
36
...*
Chemical
& Co class A__
Heyden
70
Jan
__:
37%
1
Co
1
■
25c
i—
41
Corp—
Elgin
Feb
Jan
625
x5% '
x5%.
—50
common......—...—
Preferred
Hoe
200
.
Electrographic
3
>ltf
25
,
*,'
1%
Electric Power & Light 2d pfd A—
Option
Jan
9
100
124
"-.
,25
5
r
38%
....
450
32
Dec
73%
:■ 72
3%
%
—_
3%
>
.*
.
A
Co
Jan
18%
•
5
——
■
73
non-cot com„1
Corp..
Rubenstein
Oct
Apr
41
...
common
preferred—
3%
1%
Mining Co
Helena
Jan
10%
34
2%
Economy Grocery Stores
$5
32
\
*
1
Dept Stores common.
convertible preferred
25%
10%
9%
1
c__
Electric Bond & Share
1C
20%
3%
,
...
Hat Corp of America B
Hazeltine
67
July
]<
8,100
*
19%
•
5
16%
•
1,400
1
Hewitt Rubber common
,
% May
1,125
Nov
July
23
ctfs
Rayon
Jun
Jan
6% Aug
—25
A
<y
■
25
•
6%
325
...
Iron
—10
—
Light
Henry Holt & Co participating A—
1,900
Corp.
preferred
Washing
%
45%
92
2% May
Apr
%
2,000
44%
preferred series A
Easy
52
7%
X44%
$6 preferred series B__
Eastern Sugar Associates
$5
!;!■
VA
_100
preferred
Malleable
7%
common.—*
prior preferred..
Eastern
$7
&
io
—
Sep
-30
5
Horn
Lead
14 %
25
10
—
Co——
Lamp
Horn
Picher
Oct
Jan
H
Hall
Hormel
Eagle
A"
Products
Aug
200
100
4%
4%
1
19
.
•
125
„
preferred—————..*..——*
Hecla
Nov
5%
62% Aug
2%
1
27
95
July
,
10%
—
——
6 %
29% July
10 % Mar
20% Mar
•
common
Corp common
Brewery...
x6
52
30
57
*
class B
Hosiery
Duro Test
57
1,400
,,;—
,
Paper———/——25
Feb
4%
.10
...
York
17% Aug
•
Driver Harris Co......
12
7
/•
?,__
common—25c
Gulf Oil Corp
—_—.25
Gulf States Utilities $5.50 pfd—;
*
2% Sep
3 % Aug
25
Steel
Nov
-
stock—•
preferred.—.—
100
New
Grocery
Jan
14
7% Aug
200
.*
Dominion
% May
29% July
*
1
Dominion Bridge Co Ltd—
1
Feb
500
.
-10
common
Jan
45
Feb
3,200
2
11%
95-
5
Pacific Tea—
common,
Northern
Harvard
1%
Jun
13%
2
.....
common
Truck
5
Apr
v
.1
Co
1st
Greater
Hartford
Apr
%
common...
common
Shoe
Divco-Twin
May
400
3
—10
common.—;—
Atlantic &
Oct
110
17% Aug
...1
Products
Mfg
Mfg
Hearn
Gray Iron
Nov
88
May
4
41
Nov
3%
%
..20
Detroit
Jan
Jan
Oct
39%
Mfg
Jan
34%
103
,
Aug
Nov
25
Jan
105
&
8%
Jan
24%
37
Gasket
7:
,
July
Nov
Nov
103%
80
4%
—
.
,
;——_—————•
10
3%
preferred without warrants
%
54
Apr
Jan
%
Feb
May
..50
6%
35%
"
4%
——,.—50
% May
5
$6 prior preferred
Detroit
Apr
fff May
-
A_——
1
10%
1%
class
Nov
24 VS
Derby Oil & Refining Corp com..
A convertible preferred—
Nov
A
2% Aug
...
•<
Greenfield Tap & Die——.—?
1
debenture
Mfg Co
Inc
Gypsum
1%
28%
Jun
86%' Apr
'Mines..,——1
Dec
..35
...5
Oct
July
21
26 %
2
"11
convertible
180
—
——_——*
Great
14
300
8
8
—
Dejay Stores—.—
Dennison Mfg class A common.:
800
51%
—
-
*
...
Non-voting
$6
5
common
Davenport Hosiery
...
12
Jan
D
Darby
73%
96'/a
—.
Rapids Varnish.—,———
Gray
Sep
Jan
1,400
2
Grand
Nov
%
common....
A
preferred.
1
11%
4
11%
"%
50
High
Apr
%
Sugars class A——
Goodman
Gorham
21
%
..5
Coal..
B
Goldfield
Apr
11%
.10
Sugar
20
—
51%
-.1—•
preferred
Jan
18
common—
—
Atlantic
55
50
Oct
Sep
x%
1,300
..25
Cuban
Curtis Mfg Co
Dec
1%
1%
3
(Md)___
1
•
Co
Gorham
1%
1%
Crowley Milner & Co
90
A,
—
.—•——*
Alden
$7
dep
,,
—
Preferred
'
American
71
28%
Jan
67% May
Low
67
—*
pfd A..100
preferred
300
-50
common.....—
preferred..
convertible
5%
$3
1,300
7814
78%
preferred
Rubber 6%
Range Since January 1
High
28'
pfd
100
preferred—•
stock...:
—*
A
Co
Low
Gen Water Gas & Electric common...1
4%
.—1
.
Shares
Georgia Power $6 preferred—
•
$5 preferred
——*
Gilbert (A C) common—...————*
39%
'
preferred A
$6
Nov
9
Jun
for Week
$6
Shareholdings Corp com
Tire &
A
4%
"15c
——
Reynolds
20
Sales
Range
of Prices
Friday
11;
6%
Service
convertible
4%
39
•
Co
Cornucopia Gold Mines
&
Apr
9
9%
Varnish Co.—
Range
Corroon
Jan
8%
76
.100
Roll & Steel
prior preference
$3
$6
General
88
Week's
Last
Sale Price
Exchange
Dec.
Par
Mar
28%
—
Cooper-Bessemer common
Copper
Curb
Ended
3
—_
_
preferred
prior
Continental
Week
High
Low
High
Continental Gas & Electric Co—
Cook Paint &
York
New
Range Since January 1
_100
Consolidated Retail Stores
8%
Shares
1
5
Ltd_
& Smelt
Mining
STOCKS
for Week
Low
Par
Consolidated
Sales
of Prices
Sale Price
11
Ended Dec.
Week
Last
Exchange
Curb
York
New
Week's
Friday
STOCKS
5%
1%
5
Inc
preferred D
Products
Petroleum
7%
111%
—
A
pfd B
10C
100
1
1
t~-_
—
5%
5%
x41'/B x41%
50
,
10
1%
116
July
8
4
Mar
5% Aug
53
Jan
39%
Jan
1%
Dec
2
Feb
19
;
.1%
1%
1%
1%
Jan
27%. Mar
Apr
3,300
1
Jan
1,800
l%.Mar
—
--
Jan
6
preferred—100
,
Exchange
Week Ended Dec. 11 •
"
Curb
Range
1
*
Klrkland Lake G M Co Ltd—*
Klein
Emil) -Co
VD
common
Knott Corp common
Kobacker
Inc—
Stores
10'/a
10'/3
77/8
~37v. I74
"a%
100
10%
Feb
Nelson
Jijn
Sep
52%
Feb
Feb
13%
Feb
6%
2 %' Apr
4%
NOV
$2
200
New
New
71
Lane
May
9
Jan
3
Jan
3%
Dec
400
2
July
3%
300
2
Jun
:
1x/a
6Va
1'
Wells Co common———
'
v
6 Va
5
700
6%
.
7
Apr
Nov
Nov
iVa Jan
100
%
Convertible
*3%
3y+
4 Va
1%
Jan
9% Mar
■
1
preferred———————*
Lehigh Coal & Navigation
——
Leonard Oil Development
———.25
Le Tourneau (R Q) Inc__
1
Lefcourt Realty common—
10 %
3,000
25
600
26'/a
,
Feb
5
-is Nov
Vif Jan
20
5
27%
July
Apr
Jan
'
Lone Star Gas
Corp
"7/4" 7!
5
Chain—————
7 Mr.'
i
19
Nov
1
Jun
14
22
preferred class A
.100
6% preferred Class B———
•'
Loudon Packing——
Louisiana Land & Exploration—. III
*
Louisiana Power & Light $6 pfd—
21 »/a
5%- Apr
8%
275
y8 May
14% Aug
26%
Oct
20
725
13
.Sep
23%
21/4
•
45/«
17a
Jun
2'A
4%
4%
600
3,200
1 Va
3'Va
93
Jan
6Va May
9
Feb-
1%
Oct
Jan
%
Jan
275
%
Apr
IV2
Apr
30 Va
87%
86
88
340
80%
3%
7% Aug
3%
200
55
55%
-1
57%
1,200
1 %
1
1%
25
Va
Y
50
68 Va
Jan
Apr
1 Va
Apr
Dec
1% Jan
Dec
28
3%
Jan
2% Feb
.10
10
99
99
& Light 1% preferred—100
preferred
——
*
Power
•"
18
Feb
12
Nov
81% May
100
Jan
74
May
91%
N Y State
shares
350
15
Nov
25 %
70
Y
5%
94
Apr
2d
preferred
preferred
Class A optional warrants
,
1
Class
Mines,
32
50
8
—
—
Va'
2%
200
x3
4,200
87
87
87
Conv
Lynch
1st
Corp
12
100
——100
pfd
7% 1st pfd v t c
7%
Conv.
'
10
18'/a
18 Ms
-5
common
13
Nov
12%
Sep
100
6'% July
Jan
7%
23
16% Jan
200
Mar
$6
Light & Power
preferred
Nov
19% Apr
7/a Sep
37
37
Sep
69 Va
Feb
21%
Oct
53
Jan
1/ 256 Mar
a'a Jun
2% Mar
86
Apr
8% Jun
1%
1/128 Mar
ft Nov
3%
Class
Jan
14%
100
74
1,200
%
Feb
7/a
Jun
3 Va
300
2 Va
Apr
3%
Feb
A
2,900
& Feb
%
3 Va
5
Oct
5 Va May
North
-
y2
;.". %
2%
2%
100
convertible
Marine
International
Marconi-
munication
50
27
•
27
100
Mass Utilities Association
Sep
Northern
2
Mead Johnson
3%
3 %
;
:
1V8
••
7%>
__
120
120 ^
%
2>4
2%
27a
•
'-Aug
Mar
2
Warrants
4'/a
3%
1,100
Jan
Jun'
3%
29
6%
Sep
Va
115
Jan'
2
1%: Sep
26
:
%
%
Apr
4%
Jan
1%
Jan
Pacific
West
Middle
2,100
5% Mar
Jun
4
Pacific
8%
%
July
Feb
Sep
•i" % Mar
Public
$1,30
Sep
Nov
Panteptc Oil of Venezuela Am shs
Nov
Paramount
15%
Nov
Parkersburg
41%
Jan
Peninsular
1%
Oct
$1.40
7%
Nov
Pennroad
x5% May
13
Co
—-
Supply—*—.
&
Pwr & Light 1%
Dec
14% May
1% Sep
2% May
ft Nov
1,000
Refineries———
Mining Corp of Canada,—
Minnesota Mining & Mfg--——
% May
1,100
32
Feb
10
67
May
pfd—.
Penn
110
Feb
113 Va
Nov
100
10913
Nov
109{3 Nov
105% 106%
320
100
17%
49 %
110
48%
Dec
82
,1
..—
4%
90
Hill
__
—10
Dakota Utilities,
:
,1
—1
103
May
200
.74
1
—
—
1
■
•
165
165
■
60
Mountain City Copper eommon,,.
Mountain
Producers—a——.
Mountain
■
r.
States
:
Feb
Nov
18%
Dec
49 %■
50
40
Apr
49
20
95
May
111
2%.
14%
3%
14%?
4%:
—
•
200
2,200
Apr
Sep
Vt
Dec
4%
Sep
Jan
Jun
4%
Jun
1 Va
Jun
3%
Nov
Oct
24%
Apr
100
22% Mar
130
90
Apr
20
71 Va
Aug.
100
11%
-«
13 %
7%
8
..A;
—
3%
1
7,100
Oct
Jan
101%
Dec
Feb
87
3 %
Oct
14.%
Dec
Aug
3
100
July
9
31
27%
Feb
5 Va
10
3% May
Oct
3 Va May
14
Jan
*
Penn
Gas &
/
$6
Light $7 preferred
&
Power
preferred
Salt
Prop
Penn
Water
&
30% Mar
1%
Feb
1% Mar
Aug
Feb
Mar
166%
Sep
10
■■
1 Va
4%
18
Sep
20
July
'
12,
'
5Va Aug
3,100
'
500
,12 Va¬
50
Vv
Oct
2%
Jan
-
Perfect
Mfg
CO—
—.—
common—
Murray, Ohio Mfg
Co—
-2%
Muskegon Piston Ring,—
87/4
•
146
4
common——,—
preferred—
r
—-
IIOO:
1-
•
•
c
—1
Phila
Electric
5%
Power
Packing
Phoenix
pfd
Conv
$3
Pierce
*
—1
common
10
preferred series A
Governor
Gold
.
•
Pitney-Bowes
Pitts
9%
Feb
Pittsburgh & Lake Erie,—
12%
.
4 V
53
Apr
Pittsburgh
Metallurgical——
68%
Jun
Pittsburgh
Plate
Bess
Mines
!•
Dec
'r
Nov
„1
Hess common:
National Breweries common,—-—
%
Candy Co
National
—
Container
—'
—
—
* ^ !'
'•
— -
1
(Del)*—
15
Oct
Va
Oct
.
20
Sugar
Powdrell
Power
,7.50
A
common,—
Corp of Canada
Apr
Feb
13 Va
Sep
Pratt
Jun
1574
Nov
Premier
50
39
Jan
45 Va
Nov
Prentice-Hall
2,200
8
Apr
10
Va
Jan
Pressed
2,000
8% July
10 Va
Jan
Producers
45
8%
400
'
87a
8%
9
1
:
25c
5
A.
National
Sugar Refining
National
Tea
5%%
76
86%5
84
78
*
Rubber Machinery
National Steel Car Ltd
—
"
174
3
Jun
975
68%
Apr
210
•
78
62 V2
Apr
*
—
•
•
•
—
—
Jan
100
20
200
3
7%
5
•
%
5%
2117.
Nov
96%
Oct
22
Feb
Apr
4
Oct
5
Dec
7%,
32
Nov
25
29%
Apr
1,000
3%
Jan
4%
Feb
3,800
3% Mar
77 a
Dec
300
31%
4%
31% Mar
Dec
1
5,200
6
900
%
Oct
*
4% May
Oct
44
10 % July
1%
6 Va
Jan
Dec
Jan
37
Jun
43
42%
Nov
63 Va
Feb
Apr
12
Jan
Feb
85
Nov
—
45 Va
46 %
520
10
81 Va
2%
10%
500
9
900
55
3,600
2
Oct
3%
Feb
7
Jun
8%
Apr
7%
—
2%
Apr
8% Jun
.%
Apr
„
—
83
2Va
Vt
—
/if,
A
900
13
Jan
1% Mar
—,
,,
300
4
4
4
•
3%
3%
3%;
& Lambert
Gold
Co
*
Mining—
Inc
Metals
A
25
*
common
of
America
Corp of Nevada—
&.
1
Va
4 Va
Oct
3'
Jan
4%
Feb
■2%
Sep
37 a
Dec
16%
Feb
—
11
Oct
Jan
21%
Apr
26%
Nov
11
.Tan
f
2,000
7% Mar
67a
Nov
100
9
Jan
100
2% May
—
11
11
274
77a
7% Mar
.
II
.
2%
2%
■
12
474
Gas—
Public Service
—
3Va
500
^
4.V2
V«f
4'/a
300
Apr
Jan
Jan
Nov
4%
Va
a'a May
3
Feb
Apr
5
Nov
7%
Feb
Nov
Pyle-National Co
Jan
Pyrene
103%
•
Pulp
109
Feb
106
—
Apr
Apr
111
Mar
225
87
Mar
108%
Oct
575
35
Jan
52 Va
Feb
Dec
16 Va
Jan
96%
—
100
preferred
Sbund
2%
1,000
6 Va Mar
100
Puget Sound Power & Light—
$5 prior preferred
$6
.
Sep
A
34
of Colorado—
1st preferred
1st preferred
Puget
•
Jan
33
3'A
3%
20
% Mar
3,900
•
7%
Jun
Jan
—
—
—
6%
1%
250
18% xl9
—
1
*
Jan
'
For footnotes see page
Jan
Oct
52
—
—
Prosperity Co class B
Jan
175
9%
10
0
Jan
May
8
%
„
93
5%
——
26%
97 a
25
9%
-12,50
Tunnel & Mines
Jan
Mar
1%
44
43
44
1
95 Va
•
200
—
6%
6
'
!
—
National Transit
—
6
__
preferred—
4 Va
:
—
5
Sep
-
84 Va
National Pwr & Light $6 pfd unstpd—•
National
Jan
n Nov
36%
31%
4%
Providence
4
*
.
National Refining common
Jan
175%
10
common
Alexander—
&
11
15
45
87/8,
National Mfg & Stores common-
preferred stamped
100
Apr
81
46 1 ;
10
25
1
Glass—
common
183/a
——
*•«.
•'
8%
•
National Fuel Gas
1
15
preferred—,!— __50
^
.
Oct
125
50
7%
50
—
Wine Co
Scale
11
*
55
50
105
'
City Lines common,!,,
convertible
——
A Jan
7,900
l7tf
70
50
6
A-
•
E RR—
Mining Co
POtrero
9%
6% May
%
*
•
National
Inc
Polaris
'
National Bellas
Sep
Oct
96
20%
—
50
Meter—
Postage
L
&
Pneumatic
——1
%
fs Mar
Oct
59 Va
Np v
5 %
7%: Jan
50
'
Feb
52
/4%
—1
Ltd—
Pioneer
Dec
Jan
N
'
30%
23
—.—"""
common
Nov
5%
Plough
'
Oct
50
52
47/8
—25
Co
Securities
Pleasant Valley
Nachman-Springfilled
Feb
96
20%
—*
Philadelphia Co common,
12%
1'.
■
Oct
56
—
—
;,,A
A,
—A'
Co,———————*
Circle
Pharis Tire & Rubber—
114%
7,: May-
250
..f
—
f
10%
Oct
—
—
Co——.,——100
Apr
9"
99
100
11% 1174
4 Vj; 4
•
»-
8%;.
8%
Apr
200
'
*
Jan
39
76% 79%
70
73
146
150
Va
4
2%
5'/a
50
220
Oct
Jan
Nov
,
—*
Co——
Power
Mfg
May
May
4
...
;; 200
il IVa 111%'
6%
1% May
*
474
4%;.
;
Power, common—* ,,
—100;.'
: 1%
1,100
9%
30
32
Nov
Feb
Pepperell
Phillips
,■.
h.
1%
10,600
V*
iV
79%
•
•
50
20
*
Sugar
■
■"
.
3%
x43% x44%;
2?% 27%'
•
—_oc
May
29% July
10%
—
Elec class A com
4% May
24
9%
AA
series
1,100
8
—
3JA
10
preferred—————1•
$2.80
Penn
6
15%
Mountain States, Tel & Tel—
National
Feb
8%
12
29% 29%
27
27
101
101%
75
76
—
\-A
Penn
Aug
152
..
partic pfd—
Mtge Bank of Col Am shs_——
$6
Jan
1,400
13
14'A
3%
—
Pennsylvania Bdison Co $5 series pfd_*
Dec
15% July
; 7,
Moody Investors
$3
98
2% Aug
-
Airlines common
7% Aug
5% Feb
Va May
1,300
1
,
5
1
National
110
8
29%
•
—25
1
common
A
Corp common
Apr
15
;
Montgomery
Co
112
Apr
Sep
18%
110
2Va
Reel—„„——1
&
Rig
Telephone
Aug
4
600
16'A
July
5%
Jan
b
:v;
__
*
Ward A
Montreal Light Heat & Power
100
4>/4. .4%'
16
16%
A——,;
Loan Society
6%
6%
Monarch Machine Tool———.
6%
Mar
Jan
3% Apr
I~2~50
Jud Voehringer common—T
Corp,—:
1
—100
Mississippi River Power 6% pfd,.
Missouri Public Service common,.
Muskogee
17%. Nov
3
10
—
preferred
Cent
Penn
Montana
Jan
550
109] jj
18
—.—1
Corp
Co—
Sep
250
Piping
Monroe
Motors
Pen
V % May
500
Oil
Midwest
Molybdenum
100
5% May
*
—
9
11% May
Abrasive——-
Midwest
Mock
Feb
Sep
*
Service,
preferred
1st
24
150
500
Minnesota
2%
Jan
76
91 Va
25
*
100
4%
Feb
Co common————
Mid-West
1% Jun
14
130
Products—
$2 non-cum dividend shares——
Mid-West
Oct
91
105%
,25
1st
5% %
Parker
Midvale
1st pfd
6%
Jun
8
Nov
6% July
18%
200
*
common
Oct
2%
10%
2,400
1
preferred
Pacific Lighting $5 preferred
Pacific Power & Light 7% Pfd,^
2%
Midland Oil Corp $2 conv
Midland Steel
Co
4%
common—1—5
preferred—*'
Corp
Can
6 %
i
Mar
2%
J
*
Pacific Gas & Elec
Va. Oct
1,000
Oct
1% Mar
Feb
3Va
t
6%
11
Oct
% Mar
300
v
Jan
72%
Oct
106%
350
Class B
Jan
108
4 Va
Securities
Overseas
——2.50
100
102
Apr
92
X89%
—50
*
Oliver United Filters B
Michigan Sugar Co
—.
*
Preferred
.——*—.!»--,*—-,-..-10
Corp—*—-----!*\,-1
t c-1
c—.—————.—1
300
Apr
10912
Natural Gas common—.—15
Jan
Middle States Petroleum class A v
1,000
5
preferred—
$5 Va conv prior preferred
V4
Micromatic Hone
2,300
4VB
Jun
111% 111%
100
100
common
1,800
Michigan Steel Tube
Oct
Dec
Nov
4
17%
2%
17
17
x89 Va
100
$3
Jan
Nov
32
Jan
99% July
10
102% 102 %
17
—100
1st preferred
Oilstocks Ltd
Apr
Mar
class
1% July
44-Jan
1,800
,
2%
10%
17%
3%
4%
17%
4
$6
Edison
6%
Feb
Mar
ft Mar
94
preferred—
A
Jan
3%
21
Dec
—
—
—100'
Messabi Iron Co.
——1
Metal Textile Corp
—.—_—25c
Participating preferred——
-15
Metropolitan Edison $6 preferred
,*
Michigan Bumper Corp——
1
6Va'c
474
Dec
%
May
9%
25
A
Corp—
Co
Brass
Oklahoma
4%
•
& Scott——
Chapman
Merrltt
—*
preferred—.—
Participating
Oct
126
Oct
20
25
20
4%
Feb
2
Merchants & Manufacturers cla;« A—1*
20
aa
3 Va
87
*
100
9
90
2,500
100
1,400
72%
•
1% Mar
18
& Co—
Memphis Natural Gas common——5
Mercantile Stores common—•
Va
37 a
70
B common
Ohio
Apr
6%
140
Va
preferred
Ohio Oil 6% preferred,
*6% preferred called—
Ohio Power 4%% preferred—
Ohio Public Service 7% 1st pfd
Ohio
Feb
100
Dec
Nov
52%
O
Dec
% May
200
7%
•
-
21%
21%
Jan
3 Va
3%
Jan
2
15% May
50 Va
—
Jan
%
500
4Va
■
1
*
—*
Dredging—*—.
McWilliams
4Va '
Sep
Jan
Oct
Apr
at
Apr
88
Nov
2V» May
*
200
50
■
*
Power class
States
Ogden Corp common
Massey Harris common,——1—
McCerd Radiator Si Mfg B_.
2174
'
100
10
Northern Pipe Line
11
Sep'
100
-50
pfd_100
Public Service 6%
preferred—
Jan
27
Jan
85/a
100
974
-*
c——1
v t
.7%
60
21
2174
'I
:::5
RR Co——.
Penn
Novadel-Agene
1
•1%
♦
Margay Oil Corp———
Marion Steam Shovel,
Oct
Com-,
Ltd—————
Co
Nor Indiana
8%
I; Oct
24
North
Oct
55
July
f
Jan
3%
8% Sep
—
Mfg Co——
Consolidated
Mapes
1
Jun
1 % Mar
—*
preferred,
Manischewitz (The B) Co
$5
%
600
—j——:—1
Stores,—
,
53
'
Central Texas Oil
Northern
■
Sugar optional warrants-
Manatl
Mangel
'/a
15 % Mar
•
common
l50
prior preferred:—
—
_•
American Utility Securities-
6%
M
Jan
5'/a
•
B
Nov
90
%
55
class A—„
North American Rayon
Feb
4,000
A
—
Nov
8%
%
commoi l—l
Jan
102
5 Va
.—1
North Amer
Oct
Mar
Jan
8%
V*
I ''
.—5
Electric—
Noma
1,700
3
,
.100
III
Nipissing
25,600
— ——
lis
preferred—
A
1%
53
32
_•
Class
50
35
1%
49
50%
Va
optional warrants
B
Niagara Share class B common-
100
6%
33 Va
1%
10
100
100
1st
5%
6%
100
pfd
Service 6%
Water
Niagara Hudson Power common,^
16
102
101
5
New York Transit Co—
N
15%
15%
1
Electric & Gas $5.10 pfd.100
Founders
"
Ludwig Baumann & Co—
Apr
11% July
7% Jan
250
17%
17
.10
—
Oct
1%
Y Shipbuilding Corp—-
N
*
Nov
2%
Merchandise,*
$6
Jan
4% Oct
13
25
200
common
Y
N
Apr
7% Aug
101%
10% Mar
500
28
Apr
3
300
12%
3%
Oct
Oct
3/,
19%
Oct
102
; May
3.'
.25
N
Oct
4%
Apr
100
%
775
Dec
2 %
6
12
N
Oct
Jan
1
6%
Apr
27%
City Omnibus warrants—
Y & Honduras Rosario,—
Feb
1,100
22
19%/20
1
11
Co
Auction
Aug
4%
2%
Y
Aug
3,800
I ~ ' flS
Ut
.100
450
-
6% Nov
Apr
s/a Mar
400
11%; 12T :"7V4
Long Island Lighting common,—
7 %
700
13 %
Lipton (Thos J) Inc 6%* preferred___25
Lit Brothers common,——.
Locke Steel
' 6Va"
6
a—5
Line Material Co—_———
Y
Feb
Aug
84
100
4
25%
Land—,,
Arizona
Mar
113
1
4
Process Co common
Jan
3% May
2,700
r4
% Aug
11
Sep
27%
——
New
N
102 Va
84
common—.
Mexico
N
40
100
New
&
9% Aug
200
——*
Co
New Jersey Zinc,,
2% Mar
Oct.
2
July
16,
% May
13%
Langeudorf United Bakeries class A—•
Class
B
1
*
102
Jan
100
preferred—,—,—100
1%
Lane Bryant
Oct
5
2%
2%
1
Lakey Foundry & Machine—...
Lamson Corp of Delaware———5
17
10%
High
Feb
*
100
—*
——
Clock
New Idea Inc
"
43% Mar
470
3,l0O
l7% 22
7Va" '-IV2
21
—100
——1
{N J),*—
Mines Ltd—
Lake Shore
6%
Tel Si Tel
England
Haven
%
*
class A
preferred
preferred
New
Lackawanna RR
Corp.
England Power Associates
Apr
12 Va
•4
*
pfd
(Herman)
LOW
106%
10%
106
106%
Neptune Meter class A
50
—10
Co,-————1
Brewing
Nehi Corp 1st
Range Since January 1
High
200
100
*
5
preferred
Oct
Shares
Low
—*
*
Nestle Le Mur Co
special preferred
H)
IS
Kreuger
Co
Oct
for Week
.30c
—
99
Oct
81
Oil
Nebraska Power 7%
4 Va
Jan
•
7%
Koppers Co 6% preferred—*——100
Kresge Dept Stores—
4 % convertible 1st preferred——100
Kress
2
Radio
Union
Navarro
8 Va
Jan
National
Apr
12'A
9%' Sep
200
10%
—*
—;
Va Mar
Sales
Range
Par
High
Low
High
fs Sep
—10
—1
(I B) Rubber Co
Kleinert
Range Since January 1
,Shares
of Prices
Low
Par
Week'a
of Prices
Sale Price
11
Ended Dec.
Week
Last
Exchange
Curb
York
New
for Week
.
t
Friday
STOCKS
Sales
Weeks
Friday
Last
Sale Price
STOCKS
York
New
2115
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4133
Volume 156
&
Timber
common
Manufacturing—
•
5
„10
45
6%
103'A 103%
43 %
45 %
6%
6'A
500
6%
8
% May
6 Va
July
8% May
7%
Nov
THE COMMERCIAL & FINANCIAL CHRONICLE
2116
Monday, December 14, 1942
NEW YORK CURB EXCHANGE
Low
Par
New
68%
68%
100
—*
preferred
Quebec Power Co—
160
9
%
56
139
May
8%
25
9%
73 y2
Apr
100
73
147 '/a 147 Va
147 Va
10 V*
Apr
Nov
Jan
150
Oct
R
Railway & Light Securities
Voting
7%
10
1
10
*
common
A
Railway & Utility Investment
Rath Packing Co. common
Raymond Concrete Pile common...
$3 convertible preferred...
38
50
38
12 Va
13
*
Dec
14%
14%
14%
100
8%
*
1
—1
convertible preferred
..50
Superior Oil Co, (Calif)
—25
•
Superior Port Cement class B com
Swan Finch Oil Corp
—15
12%
12%
12%
9 Va
Apr
Apr
6%
"l%
Sep
~1% ~1%
~2 Vi¬
Manufacturing common__50c
Red Bank Oil Co.
1
Reed Roller Bit Co—
*
Reiter Foster Oil Corp
50c
Reliance Electric & Engineering
5
Raytheon
~27/a
500
Is
900
le
...
1
Stix
Rice
Radiator
—
Gas Co v t c
Rio Grande Valley
10
1
*
1
1
Goods
Dry
Richmond
Cable
Rome
100
—*
..5
——5
1
20
Corp
common
Roosevelt Field Inc
Co
Petroleum
Root
preferred
$1.20 convertible
Typewriter
Royal
Ryan
Ryerson & Haynes common
2,600
Dec
Va
Nov
9V2
5%
11%
Dec
300
Jun
6,000
Va
77
20
86%
x7%
— —
•
V*
'
95
12% Mar
Apr
9%
Jun
4%
Feb
Apr
2%
Jan
500
Jan
—
'*■
—
36% Mar
54
Dec
Oct
15
200
Power
Texon
Feb
3% Mar
3%
"3%
"3%
200
3Va
Jun
5Va
Thew
Tilo
Shovel
Co
3%
3%
300
1%
Jun
3%
Roofing
V2
%
3,600
% July
11
Savoy
Oil
1
Co
common
Schulte
(D A)
$6 preferred
Electric
Lace
Scranton
119 Va
118
2 Va
150
2%
2V2
Jan
121 Va
Nov
800
ai
'
Sep
1% July
3%
Jan
V4
Feb
%
NOV
26%
Nov
12
19
Va
%
700
V2
Apr
Sep
10 V4
10 y4
300
9%
Nov
"Vz
%
U Nov
8 V'e
111
Nov
27
&
Tobacco
Product
Segal Lock
19
Oct
Oct
Aug
29
69
July
Jan
% Mar
1
Amer
7%
Convertible stock
29
26 % July
100
29
36
Mar
Apr
V2
Jan
2% Mar
5%
Oct
%
%
4'/4
4%
Va
Va
3V8
3 V8
3%
950
1
Mar
V2
49%
52%
250
38
Apr
52%
50%
50
38
Apr
51
Nov
2,200
5
Is
1,000
8V2
50
25
$5.50 prior stock
Allotment certificates
3,900
A,
12
Jan
Sep
%
Is Jan
5
Nov
Nov
'
Sentry Safety Control
Serrick Corp class B—
Seton Leather common
Va
-*
—5
Denn. Mining
Sherwin-Williams
5%
cum
Co
5Va
400
2 Va
2%
1,000
Is NOV
4'/2 May
5V4
4%
Feb
2
Sep
9%
-
76 Va
—25
common
Feb
12%
Nov
79%
59% May
1,300
79%
Dec
pfd series AAA——100
110
_*
6
4
% Sep
*
common
9%
11
8% May
,
Jun
Jan
preferred
Manufacturing Co...
Singer Manufacturing Co Ltd—
Amer dep rets ord regis
Sioux City Gas & Elec 7%
pfd
Singer
•
1
...100
Lux
Aircraft
Solar
Manufacturing
*170
168% 171%;
150
Apr
17%
Apr
%
Dec
2
Mar
Apr
182%
130
93 Va'
93%
2
20
2l/a
90
1%
2,200
1%
1
——1
Co
V/a
100
2
2Va
2 Va
5,300
lit
Feb
2%
Dec
93 '/2
Dec
Jun
3
Apr
Jan
2Va
Nov
Apr
2%
NOV
2%
Apr
Manufacturing common......—1
Soss
1%
1%
1%
200
1V2
Sep
—1
25
3%
3%
3%
1,000
l7/a
Jun
35%
35%
36'/a
600
27 V2
Apr
27%
28
100
25
Jan
South Coast Corp
South
Penn
Southwest
6 %
...
10
Pipe Line—
Pa
30% Mar
25
25
25
original preferred..
preferred B
preferred series C
5%%
3%
39
„
Oct
Dec
28
29%
300
24% Mar
29 %
Oct
4%
200
3
Aug
5%
Feb
8
■
200
.
fs
Nov
la
200
40
100
2
Oct
57%
12Q
%
Jan
3%
Dec
2%
43
Apr
49
Jan
Mar
Mar
111
%
1%
..10
5%
1
-
1%
•
5%
6,000
Jan
Jan
%
Apr
Va Mar
3% May
Jun
1% July
6
Oct
5%
1,800
Vo
A
2,900
3l2
Apr
In Nov
6%
...
6%
100
6 %
Dec
7% Jun
4
4%
1,700
36
37%
,8
......
—
Corp
4%
...
36
A—...—
6%
6
Jun
5
29
Mar
39
Oct
1
Aug
2
Dec
400
fa
:
6%
preferred
2
3
200
500
-
2
Tung-Sol Lamp Works
convertible
Jan
x103
95
warrants
Chatillon
ClaSS
95
85
1
Corp
Tubize
4% Aug
Dec
.100
...1
Inc
54%
.100
4% July
7%
Oct
3
Jan
Oct
i
'
' I
,
__1
Union
of
Canada
Investment
Union
Chemicals
$3
Cigar-Whelan
United
Corp
4%
200
Molasses
%
is
2Va
Apr
Jan
%
Feb
Mar
*
Jun
%
Nov
a:a
Dec
9%
Oct
%
%
%
3,700
Is
Is
•
■
10%
126%
Jan
Jan
i«
Oct
Shoe
Va Mar
23
Jan
27%
Nov
85
Jun
1% July
Machinery
S
10
25
common
—'
25
62%,
44%
.2%
2%
500
2%
4
3,400
S
Radiator common
U
S
8%
-
3 Va
Jan
8%
Apr
Sep
jo
Nov
May
61 Va
Nov
43
400
Rubber
Wall
Class
400
1%
1,000
1%
Reclaiming
•
Apr
9
30
H Aug
1% May
Va
•
30
23
23
23
Feb
200
50c
2
Paper
Cooler class A
Nov
Jan
NOV
4%
Jan
% July
'23
Dec
Oct
In Apr
1%
Jan
1%
Oct
Jan
3%
Oct
%
1%
%
1%
1%
Jan
7/a
Oct
2,100
•
•
B
Jan
1%
Apr
12%
50a
convertible preferred
Universal
"lVa "1%
..1
U S Stores common
$7
Va
4
200
Jan
7
Nov
27% Mar
8%
Plywood $1.50 conv preferred—20
U
55%
55
55%
Jan
4
V«
•
10
Lines
United
Apr
2
preferred with warrants
Inc preferred
1st
S
S
1st
May
3%
33a
U
Apr
627/a Oct
•
U
Sep
Mar
A
45% Aug
5
common
250
50 Va Mar
470
4 %
X43%
X43%
Sep
2%
38
1,300
International Securities
and
$5
1%
61%
X61%
1
1
Aug
Va Mar
100
Va
Va
6%
Graphite
U S
244
100
__25c
United Specialties common
U S Foil Co class B—...
U
Oct
Is Sep
Apr
10%
..—_
Sharing—____
Preferred
%
Va Mar
2,000
21
May
72% Mar
18%
•
preferred
United
Oct
Apr
Ltd—
Co
dep
Profit
United
1 Va
Iz
5,400
20%
Jan
,
,
preferred
57%
97%
1,200
20%
Feb
Jun
Is
1,600
""%:
Via
15
Va May
1/64 Jun
19,100
&
■.
Dec
5% Jun
1,300
116% 117%
116%
•
rets ord regis
United N J RR & Canal Co..
Amer
Jan
Jan
7
....
participating
United
5%
5,500
—1
•
preferred..
Dec
7%
11
Milk Products.
United
5%
5%
3,800
warrants
1%
3 Va Aug
*
non-voting
.
2
10c
Stores..
United Light & Power common A
Common class B_
i..
$3
4%
warrants
$7 preferred
1st
3%
Nov
5
57%
United Gas Corp common
$6
3%
3%
*
United Elastic Corp
Option
1% July
200
1
;—
common
United
1st
1%
1,000
participating pfd
&
cum
1,100
l7/a
*
common
Products
Aircraft
United
2"
1%
10
Manufacturing Co—
United
V/a
1%
•
Unexcelled
Gas
1%
10c
—...
Corp—.
Realization
Ulen
Universal Corp
voting trust ctfs
Insurance
Pictures
Products
Universal
Utah-Idaho
Radio
Light $7 preferred..
$5.50
26
Feb
25
Mar
30
Nov
200
10
Jan
45%
175
41
2Va
43%
1%
1
stock
priority
X15
S
•
10c,
1
common
Jan
Sep
150
15%
29%
*
Products
Equities
Utility
Co
Sugar
Utah Power &
Utah
common
87/a
1,800
14
1
29%
8
Universal
5 Va May
7%
1
Universal
%
1%
%
16
100
150
%
%
15%
125
% Mar
as
15%
3%
62
Oct
Jan
Jan
1%
%
Jan
33% Mar
500
15 Va
Jun
Apr
1
900
44%
44
47
Dec
Oct
Nov
27%
200
23 V2 Mar
27%
NOV
Feb
preferred
100
Southern, New England Telephone—100
36%
Nov
Power class
7%
Phosphate Co
Line
Royalty Co
Spalding (AG) & Bros—
1st preferred
Spanish & General Corp—
Amer dep rets ord regis
Southern
Southern
Pipe
.
Southland
Spencer Shoe
Stahl-Meyer
Standard
Corp
Inc
Brewing
-
;
Oil
preferred—
(Ky)
i
Mar
122
Feb
5
Sep
6V8
6 V2
200
6
Jun
500
5
Jan
6%
1%
1%
900
22 Va
22 Va
22 Va
20
%
Manufacturing—....—
1%
Standard Power & Light
Common class B
Preferred
Standard
...
Products Co
Standard Silver Lead
Standard Steel Spring
Standard
Nov
1/64 Jan
3*3
Nov.
%
Jan
Va
27/a
1,100
Steel Co of Canada
<A>
& Co
•
common..
Sterchi Bros Stores
6%
1st preferred
5%
2d
preferred
Sterling Aluminum Products
Sterling Brewers Inc..
Sterling
Inc
Stetson
(J B)
Co common
''
footnotes see page 2117,
7%
700
Apr
41% Aug
7 % Mar
Is Nov
1% May
3
Feb
"V/2
1%
1%
500
1% Aug
10 V2
1%
10 V2
150
97/a
Apr
lVa
Dec
1
Va
'
1V2.
100
lOVa May
12%
12
12%
1,800
7%
preferred-
Dec
3Va
riasc
17%
5
Feb
Va
Oct
90 %
Jan
9%
Nov
Mining
Knitting
14
Jan
2
Jan
Wentworth
12 Va
Sep
West
Texas Utility $6
Va
manufacturing
Feb
14%
Jan
West
Apr
110%
Feb
Western Grocer
Jan
Va
5Va
13 Va
5
Va
is
23 Va
22%
13 Va
50
t
500
28%.
9,100
6
Is
12
May
4V2 Mar
5,100
1 Va
%
lVa
200
%
%
Va May
19 Va Jan
6%
Coal
Jan
Western Tablet &
Stationery
Sep
Westmoreland
Dec
Weyenberg Shoe
Mfg
1 Va
Sep
A
Jan
2
Apr
A Mar
Williams
(R
46
Apr
Williams
Oil-O-Matic
C)
&
Oct
35% Mar
Wisconsin
Power
Oct
8
Apr
Wolverine
Portland
47/a
Feb
7%
Oct
Jan
Nov
100
10
13
Jan
1%
NOV
Woolworth
li
Apr
1
Jan
Jun
3 Va
Jan
600
2
Apr
Willson
Products
Wilson-Jones
American
Wright
Heating
Inc
3%
400
5
500
1%
86
2
Jan
4%
NOV
Mar
2%
8%
5%
Nov
Oct
8%
Oct
61% May
14
14
19%
*
19%
200
13
Mar
75
25
12
Mar
13%
5
% July
5% July
Light 7%
7%
100
10
8%
10
8%
10
8%
Nov
Oct
6
Nov
6 Va
Jan
Nov
5%
Sep
8%
1
7%
•
10
&
25
Oct
15% Aug
16% May
1
Co
(F W)
3%
5
-.20
♦
Woodley Petroleum
250
2 v2
100%
2%
98
10
Co
7
%
Oct
Jan
^Jun
2%
1
Inc
31
2%
com
Wichita River Oil Corp
9% Aug
3% Jan
%
Feb
3%
9
..10
Va
28%
Apr
2 Va
Jan
13%
98
*
...20
Aug
J4
%
May
100
1st pfd—100
Westmoreland Coal
2
2%
YaMay
1
...
Western Maryland Ry 7%
8
1,200
33
100
5
Inc
Co..
•
—1
7%
'•Is Nov
100
32
12% "12%
5
1.25
preferred—
Coke
&
Air Lines
Nov
h Mar
13 Va
1,300
50
20
8% July
%
Oct
33
tV Aug
13 Va
Jan
Nov
Mar
373
...1
Wellington Oil Co
10
1,700
Is
i
Feb
6 Va
81
Jan
103
Is
Mills
Feb
■; 57/a
1% Mar
•
1
Co..
Apr
%
•
Wayne
Mar
6
•
R
Walker
Jun
5
79
100
class A
Waitt & Bond
400
3
3%
•
Co
——*
•
190
Nov
Apr
Apr
3 Va
W
"Waco Aircraft
46
1
1
1
1,200
Wagner Baking voting trust ctfs ext..*
'
1
class B
Tube
(The) Corp voting trust ctfs._l
Starrett
4%
42%
7%
40%
Oct
23%
V. 10
Western
pfd—...100
1
—*
•
....1
1
:—5
100
•
Oct
Jan
May
A, Jun
,V
20
......10
Standard Oil (Ohio)— 6%
4%
40%
1
Petroleum
Virginia Public Service 7% pfd
%
13
7% Mar
6%
.
1
10
1
Venezuelan
%:
15 Va
Jan
6 V2
6 Va
v
2.78
Co
42
Oct
6%
;
*
*
...
Standard Dredging Corp common;
Standard
;;
May
1%
1
5
Valspar Corp common
$4 convertible preferred
Vogt
1/64
preferred
$1.60 convertible
105
—1
—-*
Standard Cap & Seal common
Convertible
10
—10
5
V
Nov
27 Va
%
For
Dec
Nov
4% Aug
Jan
29
A—25
Colorado
Southern
Stein
Apr
3%
Dec
42
•
>■
101
California Edison—
Southern
5%
common
Oil.
Oct
Nov
1%
£1
100
Co
Corp
Nov
8%
1
'
Sonotone
3% Mar
20
2% Mar
56%
56%
—
Trunz
80c
200
•
2%
United Stores common
15%
1
Solar
Jun
6% July
86
Jun
17%
3
of Nevada
Tri-Continental
Aug
Simmons-Boardman Publications—
,$3 convertible preferred.
Simplicity Pattern common—
Jan
16%
dep rets ord regis......
Transwestern Oil Co
Dec
Jan
115
Jan
Sherwin-Williams of Canada
Silex
4%
4%
2%
*
Shawinigan Water & Power
Apr
4V8 May
1
1
Shattuck
2%
700
2,100
Dec
50 V4
—
Nov
Jun
Exports..
Tonopah Mining
Trans
9,200
IB
Shipyards Corp.
Toledo Edison 6% preferred—
Dec
Sep
50%
Selected Industries Inc common...
8%
14
40
40
Todd
Jan
9%
6%
5
Co...
Shoe
400
1
Seiberling Rubber common.
Selby
100
6%
—'
•
1
Hardware
&
44%
6%
—*
Inc
Bros
Seeman
43%
6%
1
General—.—
Jan
Security Trust Co Ltd—
Tobacco
Scranton Spring
Securities Corp
Feb
4%
Allied Stocks
Tobacco
Oct
113 Va
Mar
15%
Brook Water Service—
$6 preferred—
——
—*
Scullin Steel Co common
*
20 Va
Jan
19 Va May
500
24 Va
24
24 Va
Jan
Apr
100
•
common
8V2 May
105
1,000
Va
2 Va
Va
—25
25
-*
preferred
Dec
1
Sep
1% Aug
6,700
1%
1
Manufacturing
Scranton
1 Va
1 Va
*
—
common—.
Convertible
Scovill
%
100
1
8V2 May
5
Co____._..—
Schiff
11
U
*
....
Feb
800
Feb
Ltd
pref
Mills
Sanford
Feb
Nov
16%
1
..
Udylite Corp..
Lawrence Corp
Sep
50
16%
16%
5
Nov
%
;—*
Class A $2 conv
50
St Regis Paper common.
-5
7% preferred.
...
100
Salt Dome Oil Co
______—1
Samson United Corp common
1
St
Jan
45 Va
Apr
7%
"3% _3%
—2
common..
3%
7%
pfd— ...100
Inc
:
Tishman Realty & Construction
Feb
3%
•
2%
26
17%
17
7%
Light 1%
&
3%
3%
17%
Oil & Land Co
Oct
9 Va May
•>
54
53
Jan
2%
*
54
15
13%
—V-
NOV
9%
.
7%
common
Texas
Jan
1%
'
2Va
Va
Jan
Jan
May
300
48
14
1% May
39 Va Jun
10%
Dec
2
'
.
2
Oct
1%
7%
100
x7%
■p.-#
Jan
Technicolor Inc
x6% Jan
% Mar
1,500
1%
5%
2% May
300
6!V
11% Nov
10% May
1
*
1
Aeronautical Co
Consolidated Petroleum
Ryan
3 V4
2iy4
Apr
Jan
86%
2%
Russeks Fifth Ave—
3*2
i
_
*
*
—
Royalite Oil Co Ltd
Oct
Jan
9%
Is
6% pfd D
Pendleton Inc..
Roeser &
3%
iya
200
10'/a
Apr
Aug
260
6
-
Rochester Gas & Elec
16 Va
% July
14% Apr
1%
400
1,100
% Aug
14% NOV
Oct
51 %. Apr
Oct
2,200
9%
47%
Tampa Electric Co common
Is
Va
Oil
Taggart Corp common
10%
"l>4
Machinery
Ray Drug Co
Sunray
5% %
Sep
21V'4
3
Sun
Oct
Is
3
Sullivan
Co
Nov
10 y2
20 V2
(S)
Corp
y4
12% July
High
&
*
(Hugo)
8%
45
*
Republic Aviation
Rheem Manufacturing Co
150
.
Low
5
100
41%
38
Range Since January 1
High
%
Dec
Apr
300
%
Low
%
A Jan
4
25
7%'
%
3/a
A May
7,100
Radio-Keith-Orpheum ontion warrants.
Shares
%
Stroock
6%
for Week
Par
Stinnes
Quaker Oats common
11
Ended Dec.
High
Low
High
Sales
Range
of Prices
Friday
Exchange
Curb
York
Week
Range Since January 1
Shares
of Prices
gale Frlce
Ended Dec. 11
Week
for Week
Week's
Last
Sale Price
STOCKS
Sales
Range
Last
Exchange
Curb
Week's
Friday
STOCKS
York
New
Aug
2%
Jan
100
8%
Jun
12%
Jan
600
6%
Jan
9 Va
Nov
94
pfd__100
Mar
110
Nov
10
3
Jun.
4
Jan
1
Cement
4
Feb
5
July
3%
Apr
6% Nov
1% Mar
2% Jan
Ltd—
deposit
receipts
Hargreaves Ltd
5s
*
1%
1%
1%
3,400
EXCHANGE
NEW YORK CURB
Week's Range
or Friday's
Friday
BONDS
Interest
Curb Exchange
Week Ended Dec. 11
York
New
Period
Last
2%s
s
s
f
3%s
s
f debs
—1950
1960
1970
,-2016
1961
—;
debs—
i
Lt deb 6s
Pow &
Amer
6s
Paper
Writing
Amer
Appalachian Elec Pow SVis-—1970
Appalachian Pow deb 6s__
2024
Arkansas Pr & Lt 5s
1956
Associated Elec 4V2s
——1953
^Associated Gas & Elec Co—
AConv deb 4%s..j._
—1948
AConv deb 41/aST._;
1949
5s
ADebenture
Registered
103%
6
102
105
106
5
101% 106%
J-J
107% 107 %
15
96
97%
143
87%
87%
1
106%
106% 106%
15
126% 126%
3
107 Vi
107% 107%
17
105
107%
123
38
47%
96
J- J
J-D
J-J
A-0
J-J
Baldwin Locomotive
J-J
86% 106%
87%
79%
104% 107%
124% 130
12
1
7%
14%
11%
12%
35
7%
14%
34
7%
14%
'
F-A
11%
11%
12 %
A-0
11%
11%
12%
51
7%
Y &
11%
2
7%
11%
"11%
12 %
16
7%
71%
71%
1
55 %
11%
M-N
M-S
J107% 109
1964
J-J
+
1957
1960
1998
1968
1970
—1954
1953
—1964
5s—
& Gas 3%s
5s
—1948
A 5 V2 S
—————1954
Central States P & L 5%s—.
1953
§AChicago Rys 5s ctfs——
1927
Elec
§ACentral States
14%
73
108%
106
1952
Cincinnati St Ry 5Vis A
—1955
———Jan 1966
—1950
Debenture
5s
1958
Debenture
5s
1969
Cities Service P & L 5Vis
1952
B
series
6s
deb
J-D
M-3
Ohio
M-N
114%
114
J-D
5 Vis
117
117
Q-F
+
M-S
J-D
101
*103
M-S
84
M-N
*
J-D
~3
114
117
100% 104
99% 102%
46
101
103%
104
79
86%
5
101
105%
4
13%
111
4
13%
100
3
94
100%
49
43
11
11
100
M-S
J-J
4
102
83% 84 "
104% 104%
10
100
40
59%
A-O
100
100%
5
98
102%
A-O
100% 100%
5
99% 104%
47%
47 Vi
F-A
88%
88 %
1
74%
88 %
83
84%
145
69%
84%
11
69%
84%
84
10
72
85
82
84
117
62%
96%
83%
M-S
85%
84%
A-O
83
M-S
83%
83
M-N
83
J-D
84%
J-D
84%
82
64
96%
117% 122
97
*121
M-N
3Vis series N
1st ref mtge 3s ser P„
105% 106
102;
101% 102
A-O
1958
———1944
1955
3Vis—
Packing
105%
J.J
Eastern Gas & Fuel 4s ser
1956
2030
1956
A
Light 5s
Elmira Water Lt & RR 5s
».
Empire District El 5s
1952
Federal Water Service 5Vis
1954
Finland Residential Mtge Bank—
6s-5s stamped
-1961
Florida Power Co 4s ser C
—.1966
Florida Pow & Lt 5s
-1954
Electric Power &
1969
1953
A
Power 3%s
General Pub Serv 5s
AGeneral Rayon 6s A—
Georgia Power & Light
Alden Coal 4s_
.
.—1965
—
§AGobel (Adolf) 4Vis ser A
Grand Trunk West 4s_.
Great Nor Power 5s stpd
Green Mountain Pow 3%:—
-1941
1950
—1950
1963
1945
Products
Grocery Store
1958
& West 6s
Guantanamo
1948
1978
5s
Glen
—1948
§AGuardian Investors 5s
3Vis—
1966
Hygrade Food 6s ser A—...
-Jan 1949
6s series B—
Jan 1949
Houston
Lt & Fwr
—196Z
1953
3%s—
111 Pwr & Lt 1st 6s ser A
1st & ref 5Vis series B
1st & ref 5s series C
Idaho
S
Power
deb 5Vis
f
;
1958
1950
Hydro-EIec 5s
Service 5s
Indiana
Indiana
1963
lien & ref 5s_
1st
1954
1956
—May 1957
.
AIndianapolis Gas 5s A—
Indianapolis P & L 3Vis—*»/0
series
A6Vis
A6Vis
(Dec
C
1
coup)
E
1941 coupon!.
F——_—
(July 1941 coupon)
series
A7s
A7s
(Aug
series
A7s
A7s
Power
Debenture
6s
Interstate
Iowa
1955
1941
5s
& Light
Power
Superpower
Altalian
4 Vis
6s
Gas (stamped)
Jersey Cent Pow & Lt 3 Vis.
Kansas Electric Power 3Vis
Kansas Gas & Electric 6s_
Kansas Power & Light 3Vis
Lake Superior Dist Pow 3Vis
Louisiana Pow & Lt 5s—
A Jacksonville
Mengel
4s
series
E
1955
1957
1957
-1952
1952
1957
1952
1958
—1963
1942
1965
1966
-2022
1969
1966
1957
Minnesota P & L
1st & ref 5s
4Vis
4Vis
Mississippi P & L 5s—
Mississippi River Pow 1st 5s
Nassau &
1948
1947
1971
1965
G
Middle States Petrol 6Vis
Midland Valley RR 5s
Milwaukee Gas Light
21
93% 103%
2
84%
78
72%
M-S
121Vi
83
J-D
72 Vi
3
9
69%
77
78%
89%
44
103
92%
123%
122
^
"5
103%
104% 106%
13
104% 105
105
M-N
86%
68%
130
89
M-S
72%
77
78%
89 %
*123%
93%
60
100% 102%
M-S
M-S
125%
120
F-A
96% 103%
*46
J-D
104% 104%
J-J
50
45
92%
91'%
A-O
J-J
*96
Suffolk Ltg 5s
$—
106%
79%
31
93
100
90
75
Nebraska Power 4Vis__
6s series A
90
86%
90
90
89%
90%
50%
54
189 %
77
48
90
M-S
J-J
'
25
6
54
90
96
-
Nevada-California Elec 5s
New
Amsterdam Gas 5s
New Eng Gas & El Assn 5s—
J-J
*43%
45%
19%
19 Vi
12
111% 111%
3
47
14%
80
81%
39
*77
94%
A-O
96
19%
95
109% 111%
83
6
96
83%
3
94%
96
A-O
95
109 % 110%
5
107% 110%
A-O
104
104%
31
New
New
101% 102%
16
93% 105 V*
98%
99%
40
92%
93%
13
104%
J-D
98%
93%
J-D
M-S
M-N
A-O
104%
88% 100
103%
78
J-J
F-A
90
100
*102% 103%
•
76%
78
29
71%
83
77%
77
77%
17
71%
82%
114% 114%
3
114%
$105
New
79
118
105% 107%
106%
6
17%
18
19
18
•r
5
J-J
75 Vi
J-J
35%
73%
35%
'
*17
J-J
J-D
75%
144
M-S
105% 108%
101%
101
32
M-N
97% 104
11
101% 102
101%'
M-N
6
97'% 102%
3
20
32%
33
100
104%
32
101%
104% 105%
$105 % 107
105% 108
*107
series
4Vis
Power
Corp
M-3
1950
87 V*
97%
97%
5
111% 111%
3
107% 111%
111% 111%
1
109% 112%
96%
M-N
1961
F__
(Can)
116%
104% 106
$105% 108
•w
J-J
1956
E
5s
111
27
114% 115
'
1
106% 108
5
107% 107 %
F-A
Co-^
extended
Edison
A-O
■
2
78
78
M-3
4Vis B———1959
Colorado—
71%
79%
Public Service Co of
1964
1949
Sinking fund deb 4s_.
of Indiana 4s
Public Service
of
Service
M-S
1st
Queens Borough Gas & Electric—
5Vis series A
—
139% 139%
2
132
J-D
102%
102 V* 102%
41
98
103%
M-N
102%
101% 102%
14
98
103%
101% 101%
4
M-N
J-D
1952
;
:
,
..
A-0
:
V
1979
1952
M-3
1951
1951
J-D
A-O
81%
1967
A-O
100%
100% 101
1970
1947
1957
1965
1970
A-0
100%
100 J/8 100%
4Vis
4Vis
Shawinigan Water & Pwr
1st 4Vis series D
Wyoming Coal
Carolina
South
Power
California
Counties
1st mtge
6s__
5s
Edison 3s
Gas 3%s
(Calif)—
California
Southern
:
L
&
P
6s
/.
1957
-1950
& Light 6s
inc 5s—
Power
Standard
stamped
3d
(Hugo)
98% 103%
50 Va
106
88
96%
58%
■
60
103% 107%
42%
7
58%
61
49
26
65%
76%
64
64
63%
63%
65%
9
49
76%
F-A
64
64
65 %
28
49
77
64%
65
15
49%
76%
64%
64 V*
65
32
49
76%
64%
64%
65
20
50
76%
J-D
A-O
$21
22%
17%
25
J-J
*12
16
12%
16
18
__
A-0
*13
2022
1979
1968
J-J
10%
105% 105%
1946
—
A—
5s
Power
Water
3Vis
Edison
—
5V2S-1952
(Maine)—
•
1952
A__;
series
A-O
97%
106
98
52
88 Va
111% 114%
1
97
'
108%
69 Va
7
43
106
106
118
86% 101
106
3
86%
85
86%
F-A
(Delaware)
107
33
98
112% 112%
J-D
107%
106% 108%
21
113
107% 107%
J-D
1959
& cons 5Vis
1st lien
United Light & Railways
97%
J-J
1949
N J 4s
United Light & Power Co—
Electric
*110
19
105
21
107 V2 107%
M-N
F-A
1952
5 Vis
City Rapid Transit
United
6s
103 Va 106%
~4
53
J-J
Toledo
Twin
99% 104
102%
Service 5s——I960
Power & Light 5s
—1956
stamped
2nd
series
Tide
103%
102% 105%
A-O
Electric
Texas
6s
100
1
86
A-O
1946
—
of deposit—
Industries—
Certificates
Stinnes
7-4s
108Ve
(Hugo) Corp—
Stinnes
7-4s
87
9
*95
F-A
6s
7
*107% 112
F-A
gold
6s
102%
39
51
M-3
debentures-.—:——-1957
Debenture
86
105
*102
F-A
1951
Dec 1 1966
6s
42
102%
51%
F-A
M-N
Debenture
1
,
60
77
106% 106%
106%
:
J-J
Spalding (A G) deb 5s—
1989
Standard Gas & Electric— '
6s
(stamped)
May 1948
Conv 6s stamped
—May 1948
130
53
7
105
•
—-
102
A-0
1970
2022
129
'
—■ —
102
'
-
3%s
Southwestern Gas & Elec
Southwestern
•
M-S
-1971
:
811/4
80%
*103% 104
J-J
82
112%
*58
Gas
3s
132
$130
.
J-J
Indiana Rys 4s———_1951
Southern
—
■
75
108
*111% 112
ASchulte
Joaquin Lt & Pwr 6s ,B
Real Estate 6s
Scullin Steel inc mtge 3s
150
96% 102%
4
80
80
—
San
Sheridan
106%
105% 108%
,1
'
J-D
Safe Harbor Water
108%
104
4
18
104
—
106
Jersey—
New
&
1st
—
104 %
106% 107%
J-D
perpetual certificates—
Sound P & L 5Vis—
1949
ref 5s series C
—1950
& ref 4%s series D
1950
6%
Puget
6
107% 107%
J-D
1969
mtge 3Vis
1st
103% 107%
J
82% 100%
£
;
115% 118 Va
3
116% 116%
A-O
Utah Power & Light Co—
&
lien
gen
Debenture
-1944
4Vis
series A—__—.—2022
6s
*95
F-A
15
36
,—1954
debs———.
income
A 5s
Wash
92% 100
96%
83%
West
6%
6s
*110%
J-D
*109% 110
A-O
*101% 101%
J-D
A
Stamped
106
4
120% 125
110
112%
105% 106%
107% 110%
%
J-D
110
110
F-A
*88
91
M-3
100% 100%
2
M-N
109% 109%
3
106
109%
6
107
110%
110%
A-O
52
-1937
1947
5s
110 % 110%
100% 100%
42
53%
80
4
22
90
98% 101%
98% 101 %
52
64%
11
A
20-year
1948
—1955
City
15%
M-N
—
100% 104%
AMortgage Bank of Chile 6s
110% 112%
Mortgage Bank of Denmark 5s
Mortgage Bank of Bogota 7s___;
Alssue of May 1927
....
of
Alssue
108
96
A-O
114
97%
97
9%
100%
16
106% 111
113
*113% 114%
M-S
J-J
1
19
97%
112% 114
113% 114
4
46%
48
60
42
62%
47 %
47%
7
42
62%
46%
48%
45
43
108
*107% 108
__
*5
11
*17%
15%
15
11
19%
15%
32
34%
44
41
25
25
.
■
9%
—
:
.
^
15 Va
50
25
20Va
13%
—
48
de
—
1931
1972
1958
7s
1959
6%s
Government
6%s
1919
1921
A5%s
.
1
2
6
13
17%
9% 15%
,
*29
A-O
1927
Janeiro
ARussian
•
J-D
J-D
M-S
.J-J
J-D
J-J
—
*17%
*35
20%
—
16%
—
2%
2
2%
—
—
--1
—
—
~
20%
16%
3%
23a
5
3
71
41
■
,,
25% 28%
25% 28V*
13% 18V*
18
45
15
20%
10% 16%
1
3%
1
3
124 V*
84
ARio
Oct
(State)
AParana
2
—
—
48
47%
*29
—
J-D
2
22
■
15
*40
M-N
stamped
9
12 Vi
—
*40
1951
1947
7s
7s
111% 111%
98%
High
Low
No.
—
*14
J-D
M-N
1958
(Peru)
AMaranho
AMedellin
102% 103 %
108%
*43
—
J-J
M-S
M-N
105% 108
Range Since
January 1
Bonds
Sold
High
*43
A-O
J-J
1952
6%s stamped_1958
6%s stamped
J-J
12%
81%
Port & Waterways—
103% 105%
98%
75%
Friday Week's Range
Last
or Friday's
Sale Price Bid & Asked
F-A
107%
J-D
75
75
J-D
__1953
5s
102% 106%
F-A
74
82%
71
13
v
Valley 7s
7
107
88
56
71%
','5
of)
5%s
A External
ALima
Bank
Mortgage
(see
Extended
Danzig
—April 1946
Jan 1947
7s
7s
A20-year
Bogota
11
F-A
75
Agricultural Mortgage Bank (Col)—
14
107
69
2
68 Vi
75
Low
105% 105%
103%
68
75
Interest
Period
Exchange
Curb
Week Ended Dec.
103 % 104 %
M-S
J-D
99% 108%
87
68%
BONDS
York
New
ACauca
M-N
109%
107% 117
108
J-D
108
$106% 108
107
Foreign Governments & Municipalities
107%
10
-
F-A
5s stpd
Co
Rys
*84%
F-A
unstamped extended to 1959
extended to 1959
54
105
112% 112 Vi
J-J
108
5%
108V* 110%
J-D
Newspaper Union—
Western
21%
4
122%
99
2%
40
5%
4%
4%
M-S
1960
5s
Traction
Penn
109%
38
113
9
96
1964
2030
Penn Electric 5s_
West
41%
15
122 %
A-0
95
95
1951
& Elec 4s_
Wash Water Power 3Vis
Ry
19
31%
106
19
M-N
Waldorf-Astoria Hotel—
78%
47%
46%
$107%
J-D
M-S
England Power 3%s__;——1961
England Power Assn 5s
1948
1954
63
108%
A-O
77%
77
78
25
65%
83%
83%
83%
39
67%
87%
*
No
rCash
Deferred delivery sale,
d Ex-interest,
e Odd-lot
Ex-dividend.
yCash sale not included in year's range,
value,
par
sale,
x
a
Under-the-rule sale.
Easy Washing Machine class
sale,
n
B. June 26 at 2%.
t Friday's
A Bonds
bid
in
asked
and
being
§ Reported
prices;
no
sales being transacted
during current week.
traded flat.
receivership.
85
J-D
Public, Service—
107% 110
4
99 Va
19
65
106 Vi 106%
47%
46%
Nov 1949
15
109
99
20
5%
*106% 108%
M-3
M-N
6s series-A
108%
109
102% 106
19
5
M-N
AIncome
107
106
9
20
5
J-J
17%
18
19
19
17%
F-A
20
5%
18
J-D
1950
Orleans
12
J-J
6s stamped
47%
Debenture 5Vis
61
108%
98% 106%
46%
5s__
& Coke
Gas
stamped
5s
1st
A-0
J-D
deb
106
29
F-A
-
&
Power
United Lt & Rys
J-D
M-S
5s
108
Light 5s
1955
Park Lexington 1st mtge 3s_—:—1964
Penn Central Lt & Pwr 4Vis
1977
1st 5s
1979
Pacific
102
67
J-D
M-N
92%
108% 108%
•
*108% 110
98%
*98
F-A
J-D
90
85%
40
81%
J-D
J-D
1981
2022
1956
1948
1947
—1948
13
1053B 105%
1948
4s
Oklahoma Power & Water 5s
Texas
M-S
—1955
—1945
50
108% 108%
102% 104%
99
J-D
102%
7
103% 104
103%
47
25
M-S
J-J
1957
1951
108 V*
114% 115%
107 Va 107%
109
AStarrett Corp
—1945
1943
1967
1978
BANational Public Service 5s ctfs__1978
Conv
1962
108
__
105%
F-A
Danish
McCord Radiator & Mfg—
6s
stamped
Co conv 4Vis
Metropolitan Edison 4s
A-O
A-O
5 A York
Power 8
llnternatlonal
104% 107%
100% 100%
83,,
F-A
—
Gatineau
k
108% 110%
121
—
Cuban Tobacco 5s___
Cudahy
J-D
1976
1954
Gen mtge 4Vis
Continental Gas & El 5s
108
A-O
F-A
Oklahoma Nat Gas
Southern
5
21
109% 109%
1969
ref mtge 2%s ser Q
Consolidated Gas (Bait City)—
1st
1C5
—
10
3%s B—-Aug 1955
Service
Public
Ohio
Southern
& Pr (Bait)—
Consol Gas El Lt
~
106% 107%
J-D
151% 180
10
10%
J-J
1971
7s A
833b
54
106%
J-J
112
2
117
150
103% 104
101
101%
104
1949
1951
-
& Pr
1968
——..-1971
3%s
mtge
3s___
mtge
-1970
Philadelphia Elec Power 5 Vis—_1972
Philadelphia Rapid Transit 6s
1962
112% 115
16
——
Connecticut Lt
1st
Power
1st
Pennsylvania Water & Power 3%s_1964
105
109
108% 111
111
J-D
5s
High
111%
I
112
53 %
—
Low
109
_
106 Va 106%
*83%
p.-.
M-N
—.—1945
Ogden Gas 1st 5s
99% 100
—
5s
Service
Conv
F-A
*111
J-J
105% 108
106% 107%
198%
—
Cities
——1969
series A
1st 3%s
Potomac
5s
Power
J-J
High
I
January
No.
Northern Ind Public Service—
Public
Northern
1948
5%s
Utility
Cont'l
Portland
1950
C
111 El
J-J
Range Since
Sold
■
Works—
6s
Birmingham Electric 4%s
Boston Edison 234s
Central
M-N
3%S
Bethlehem Steel 6s
Canada
1964
2004
1954
5s
Bonds
Friday's
14%
1955
Telephone of Canada—
1st M 5s series B_
—
Broad River Power
Elec & Gas 3%s
Westchester Ltg 4s„_„
Y State
Debenture
Nor
12
11%
F-A
.-1947
or
Bid & Asked
'
M-S
Bell
series
102% 109
46
1955
deb 5%s A—
Atlanta Gas Light 4%s_Atlantic City Elec 314s
Avery & Sons (B. P.)—
5s
without warrants--
Sale Price
Low
N
44%
44%
1977
5VaS
Assoc T & T
5s
104
103
J-J
M-S
Last
Period
High
J-J
.
deb
Convertible
Low
No.
High
Week's Range
Friday
Interest
Exchange
Curb
Ended Dec. 11
Week
1
11%
1950
1968
AConv deb 5s—
AConv
January
York
New
Range Since
N
Electric Co.—
f debs
3V2S
BONDS
Bonds
Sold
Sale Price Bid & Asked
Low
American Gas &
2117
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4133
Volume 156
J-D
Abbreviations
"conv,"
103
103
101% 106
"wi."
used
above—"cod," certificates of deposit;
convertible;
when
issued:
"M."
"w w."
"cons," consolidated;
mortgage; "n-v," non-voting stock; "v t c,"
with warrants; "xw," without warrants.
"cum," cumulative;
voting trust certificates;
THE COMMERCIAL & FINANCIAL CHRONICLE
2118
Monday, December 14, 1942
OTHER STOCK EXCHANGES
Friday
Baltimore Stock Exchange
5
Dec,
to
Dec.
11
both inclusive,
compiled
Range
of Prices
Shares
Par
Arundel
1st
Low
Corporation
Baltimore
Transit
preferred
Brager-Eisenberg
*
T.05
1.05
100
10%
10%
vtc
common
c
Inc.—
1
Low
25 %
7
26%
Light & Power com..*
Eastern Sugars Assoc common v t c—1
26 %
55
210
7
625
"6%
6%
Pub
Serv
87
Cherry Burrell Corp
Dec
Chicago Corp
Jan
Convertible
20
—
Finance Co of Amer A
Mt
Trust
128
common...—^.5
Penna
,—100
Water
&
Power
U S
Comm'l
Dec
36
Dec
185
50
129
9%
8% July
pfd
X77
'
21%
5
1.50
29
2.05
x77
■/v.
7
26
July
Sep
245
Jan
72
Feb
16% Mar
21%
.*
52
52
10
39
Mar
100
4
4
600
4
,
Baltimore
Line
185
— «•
25
25
200
29%
s
2
29%
29%
824
25
July
21% May
Jan
Transit Co
Nov
Consolidated
22%
Oct
Consumers Co—
52
Dec
4%
30
Mar
30
Nov
90%
$300
88
Jan
92
Oil
52%
52%
52%
85,000
42
Jan
57
May
59
...1975
59
60%
16,650
50
Jun
65
5 to Dec. 11
both
Week's
Albany RR
Shares
129%
128% 129%
—100
——
Boston
79%
Edison
Boston
Elevated Ry.—
Low
LOW
2,525
80%
79%
101%
289
75%
Apr
Jun
134%
91
23%
24%
3,999
19%
Apr
26%
62%
63%
357
42%
Jan
66
Stamped
12%
13
484
10% Mar
14%
Jan
Jan
8%
Oct
7%
Oct
8%
5%
755
1%
1%
25
1%
Apr
2
1%
80
1% May
3
5
1%
Dec
2
1%
146
1%
Apr
2%
100
75
1 Vb
Jun
2%
10%
10%
11
270
8%
Apr
12%
—100
20%
20%
21
122
Jan
6%
6%
Copper
Range
Eastern
Gas
4V2V0
6%
RR—
—
—
«
Co..
preferred
Eastern
6%
4%
preferred
5%
preferred
SS
4%
16
55
5%
315
4%
4%
Jun
7%
B
Lines
44%
45
Feb
5%
Great
305
41
50%
Hibb
135
32%
Lakes
465
1%
Jan
2
Feb
91%
91%
91%
70
81%
Jan
95
Sep
22%
22%
50
12
Jan
26%
5%
40
■
r
'
.100
_
5
5%
*
Apr
18% May
2%
Jan
10
220
40
410
30
26
——
10%
40
common.—....
com—1
11%
11%
2%
2%
..,22%
23,,
9%
26%
243
20% May
4% Mar
Feb
7
.9
.
——*
(Harvey)
Motor
International
Group
Gillette Safety Razor Co
Hathaway Bakeries class
Int'l
Button
Lamson
6 %
Hole
Corp
Mach
Util
—50
100
Associates
vtc.
1
—
North Butte MiningNorthern RR (N H).
Colony RR
2.50
—
—100
—,
—
Pennsylvania
III—50
RR
Interstate
Oct
May
Jarvis
Quincy Mining Co
Webster
Torrington
21c
!
J
Feb
*
Feb
*
16c
899
35
3%
75%
20c
21%
37%
Apr
5
Jan
Oct
22%
Aug
91
12c
Jun
50c
|
Feb
?
Mar
'
14%
Jan
18%
Oct
1,251
18%
Jun
26
Nov
400
60c
Mar
"25
700
8% July
10
120
6%
Apr
10
Jan
4%
5%
63 L
3%
Apr
—1
.100
Tunnel—.,
Vermont & Mass Ry Co.
6%
29
30
95
22
Apr
34%
35
28
May
60%
62y2
63
1,323
49
Jun
72%
50% Mar
63
37% May
15c
Dec
46c
85
Nov
105
Feb
6% Mar
V: 8
Dec
20C
25c
90
90
90
30
8
180
x7%
1,120
Dec'
35% Mar
Feb
BONDS
1st
&
Maine
mtge 4%
Income
RR—
series RR——.I960
mortgage 4%%
70
71
$1,200
70
Dec
75
Jan
39%
1970
A
ser
40%
11,000
29%
Jun
42%
Feb
11 both
&
Week's
Last
Par
Abbott Laboratories common—,
Acme
Steel
Adams
Oil
common
Gas
Advanced Alum
Aetna
Ball
Allied
Allls
Co
Co
»
Aviation
Wheel
Corp
100
5
Barlow & Seelig Mfg class A
Radio
Fence
Class
Burd
A
Co
Wire
Ring
For
conv.
Jan
10%
Jan
13
22%
Apr
£0% Jan
88
88
2%
10
3
%
,
70
1,034
102%
2,372
v4
2%
400
3
575
9%
May
11
L'p
13%
11% May
3% Mar
33% x34%
Field
8
8V8
3
3V&
hi-.
25%
1%
Utilities—
7%
",s/
preferred class A_—-.100
prior preferred.—10
stock
Common
y
!
t
v
Manufacturing
Monroe
Chemical Co
,
L:
L,:
/
common—..—*
Northern Illinois Corp
Airlines
Co
Poor
Quaker
Oats
5
5%
20
20 V*
Jan
860
"2% Aug
4% Sep
175
19%
Jan
Co
6%
Feb
Feb
Mar
40
8
,
,
"
■,% Oct
,
11%
Apr
250
5%; Sep
300
1%
6%
'
16
.
.
/:
:
100
18%
.
800
18
•:.>,1
16
Jan
1%
50
40
20
Dec
Nov
23
12%
8% Apr
I
Jan
:'-' 2% Mar
Jun
11% May
150
10%
Mar.
Jan
4
Dec
Mar
4
Dec
Mar
2% July
4,300
.
4%
Nov
3ya Mar
2,650
V*;.'!
9%
Dec.,.,.
850
Dec
2
1
400
2
500
/
7- %
14
Jan
14
Dec
Jan
•
15%
10%
10'A
■
.
"
—
3%
8/2
22 %
IV2
7
15V2
10/2
10'A
Cummins
Roebuck
&
2%
—'
•
capital—;.
capital—
class
146'A
of
(A)
Warner
^..20
common
Corp
Machine
common
Tool
1
—
i
2
Feb
3Va
Dec
i
7
May
9Va
Jan
Apr
3% May
23%
Jan
15%
133
'8
8
Apr
16%
10 Va
IOV4 Dec
10
Jan
10
Jan
14% Aug
700
Jan
12%
Jun
Va
Jan
4%
Jan
679
18%
Jun
25%
Nov
50
22%
21
%
150
190
27/a
20%
Oct
24%
Jun
3Vt
3% Nov,
15
Nov
35/8
200
7/s
200
6%
72 V2
200
650
56
Apr
40
140
Jun
148
Oct
2
Oct
Jun
4% Feb
V2. Apr
5%
%
1%
Aug
4Vz
41%
8
150
3%
—
4%
41%
7%
^—
597/8
61]/8
623
4y8
300
4
--
6%
3%
Oct
Apr
5
Jan
Jun
41
450
Jan
73% Nov
Jun
1 %
Jun
8%
Jun
450
20
52
Jan
Feb
8%
Jan
43% May
62%
Nov
4
5
May
Feb
—
.
10%
10%
50
10%
Dec
13%
Apr
—
.
24
24'%
350
23 Vb
Jun
33 Va
Apr
—
.
—
.
,
1%
—
„.
—
;
8'A
—
67/8
20
%
%
Oct
3'A
40
2%
Sep
4%
Jan
1%
11%
IV2
11%
900
l'A
Nov
2
Jan
10Q
10% May
12
July
26Va
8'A
1JA
67/8
26%
8%
384
20
Apr
27% Nov
120
8
July
9% Aug
1% Nov
%
■
3
14 y8
14
217/b
21%
27%
39%
—
—
—
9
'/2
l'A
7JA
14 "A
22 y8
27%
397%
9
Jun
.
"
100
1
1,221
"
Feb
5
925
550
Mar
8% Nov
12% May
19
Jan
20
25
Jan
Sep
155
19% Mar
29% Nov
263
30 V*
40 Va
100
5
>
11% Feb
7% July
50
50
Jun
700
.
Dec
6% May
170
1%
•
^
' !
150
600
(
Oct
Feb
7
7.
% May
6
27/8
25
5
common—5
Swift & Co capital
—25
Swift International capital
15
Texas
Corp capital
25
Thompson (J R) common
—2
Sundstrand
Dec
IV2
1„
*
common
Sterling Brewers Inc
Stewart
-
capital
Indiana
34%
2%
2
——
Oil
Co
*
———
common——;
%
Apr
146'A 147y2
67
5
common
A
common
Dredging
Preferred
&
Pow
Inc.,
Sep
7A
—
Co
%
;
100
:
Oct
63/8
67
■
—
preferred——.5
———50c
*
.1
•
22
Sep
23%
:
"
14
3%
Oct
1 Va
'100
13
14
—
Corp class B common————1.
Signode Steel .Strap common*.
Colo
7%
Apr
9
Apr
Jan
212
A
•
20
1
27/8
-
Yards capital
50
2OV2
73A
__
1,
Nov
Jan
250
15%
lO'A
9%
Jan
% May
1,300
—
1
Vb
5%
%
13
*
—
50
700
1,750
1
34'A
7
Nov
^
%
.
—
common—_
100
Natl Stock
Spiegel,
21% July
Jan
950
'
•
x33
3%
8>A
22
IV2
..
5
——
Common
Standard
Apr
4012
Jan
1%
common—*^
South
3%
'
7:
Mar
27
?8
3%
20y2
__
10
A
A
common—^..
Raytheon Mfg Co 6%
Oct
10
class
class
common—
Preferred
27%
250
Feb
5% Aug
•;
5V4
27/s
RR
(The)
Co
19%
200
B—
Elec
Dec
Aug
14%~Dec
Mar
% Aug
9
7/8
10
common
class B—
Co
&
Potter
Feb
2% Aug
Feb
8
Sep
4.
,
10
%••■'' V«
%
%
8/4
8%
.,
__
—2%
common.
Pressed Steel Car
Nov
13
6
-
4
Sep
3% Mar
2
capital—...
50
21%
21%
Perfect Circle, (The) Co—2oy4
853
3
&
y8
33
common—_——*
preferred—-100
(The)
Switch
Gas
.
.
common.-——*
common
Coal
Elec
Penn
26
14%
Feb
3
3,050
2
>
.
,
common.—*
Inc
Bancorp,
Util 1%
Shoe
Pen
25%
14
2123.
West
Stein
Jan
9%
.
A.
North American Car common—20
Standard
Jan
Nov
200
6%
9%
,.,.-
8'A
common——*
Ward & Co common.—_*
Nabco Liquidating Co common——*
National Cylinder Gas common
1
Noblitt-Sparks Industries capital—5
Jan
1 % Mar
Dec
10%
250
"/
%
87/a
,y
cr—1
Modine
Jan
7%
Feb
14%
800
ya-
33/a
Miller & Hart $1
39%
50
1
Jan
5% May
7% Aug
11
45/8
4'/2
•,
V,
prior lien
prior lien——,i_._..w.lOO
15
450
4%
.
L/; 9%
preferred class A/—-L.100
28% May
3% May
1%
Dec
y«
,
/:/"y.1-.;
10° I2%
South Bend Lathe Works capital
Jan
,6%
>^
6%
11
12
Jan
57
.
850
1%
Feb
74
Apr
600
,
1,050
12
5%
page
Nov
"
.
common——...Lrvy/—
/ v
1%'- 1%
$2 cumul partic preferred—20
1 21
Middle West Corp capital—1—
-5 ../ 4
4
4V'a
Midland United conv pfd————*
8%. ,' 8%
9
Nov
6%
NOV
Mar
220
A
4%
May
25
16%
% Mar
50
925
—,
common..i.———*
.Merch & Manufacturers Sec—
13%
4
30
9%
•
.,
9%
5%
7/s
,
14%
9%
"
"
'
Serrlck
16%
'%
-
14%
v
;,
common.——5'
3% Oct
4% Jan
14
40 Va
9%
,
10 y4
136
.
.
'
Jun
780
Apr
1% Aug
Apr
1,200
Oct
1%
5% May-.
62%
.
12%
X3
30
290
Feb
:
567/8
' 6
Schwitzer
200
Apr
-ft Apr
547/a
"
Sears
100
Nov
15
Sep
54 Vb Apr
cl^ss
Oct
4%
Jan
11%
61%
,
Sep
Nov
8% Mar
30
18'/a
3%
1" /
Jan
12%
Oct
200
11%
18
Jan
1
556
8%
1%
16%
1%
10%
13
800
7%
Jail
Nov
y4 Mar
21% May
8% Apr
550
19
NOV:
6%
23%
7
50
5
Sep
Jan
10%
100
%
.19
/
4
4%
7
150
10%
14%
,1V*
56%
Sep
12%
400
26
;
—
12%
850
.714
4
11%
350
17%
,
—
100
87/a
14J2
—
Rollins Hosiery Mills common———4
300
3 Va Mar
50
416
8%
11
St Louis
9%
156
4
23
'
Jan
16
4%
4
22%
7%
Nov
% Sep
2% July
,2% Jun
6% May
4%
:
25
, —.
133%
9%
1
89
Dec
Jan
Nov
100
Apr
16%
"1
preferred
11% Mar
200
IIIIII5
-
Mar
720
2%
—_"1
!__«
Oct
25%
1%
III—II5
common
3
Dec
12
10
common
see
Jan
5%
24%
128% 129%
I—*
common—
footnotes
9%
200
Brothers
5% cumul
200
Apr
*
preferred—-,
Piston
Butler
&
2
Sep
5
com
common
common
(E L)
10%
4
120
3
Corp
Aviation
2%
3
_
Brown
48% Jan
2%
Berghoff Brewing Corp
I——111
Bliss & Laughlin
common—I——I—-5
Borg Warner Corp common
5
Bruce
49%
39%
450
_4
Belden Mfg Co common
Belmont
88
common—1
capital
(Delaware)
Bastian-Blessing Co
Bendix
37% May
75
5%
11%
25
100
common
Manufacturing Co
Truss
63
40%
10%
*
—
_
American Pub Serv preferred
Tel & Tel Co capital
Athey
49%
5/4
2%
*
common
Mfg Co
High
40%
5%
5
American
Asbestos
*
common
Laboratories
&
LOW
Sep
40%
Co com^ion,.;.,——5
//
/ 6
Packing common—::/, iy8 <
1%
Liquid Carbonic common.—'
16
Lynch Corp common.—.—„5
'v.
18.%
Pennsvlvania
48%
—25
common—
Castings—:
Bearing
Chalmers
Armour
High
7%
Apr
43%
17
Material
Penn
Range Since January 1
'
Co
&
Low
*
Shares
Feb
2
4
Apr
%
Loudon
Peabody
for Week
of Prices
46%
1 % May
;
Jan
.
.—,
Line
Nunn-Bush
Sales
Range
Sale Price
357/8 Aug
420
250
Apr
4% Mar
.
24%
,
__
>
29In
.
1%
•
Jan
300
•
_*
19
3,950
—
preierred——*
Univ
Ext
Parker
inclusive, compiled from official sales lists
Friday
STOCKS—
3%
600
7%.
_•
Jun
13
Oct.
34%
:
10
i'.;':/:. 4
'
North
Chicago Stock Exchange
Dec.
,
12% Mar
31% Nov
Apr
42%
__
1
.;
1%
.,7%
Jan
Feb
.34%
//
4%
_5
com
Northwest
to
37%
1%
if
/
common——_»
Northwest
Dec. 5
Jan
3
»;41%
;.-„n
Montgomery
Boston
Jan
8%
B..—'io5/8
6%
44% Aug
25C
37%
,
—
»
7^
Oct
121
62%
44
30
28% May
6% Dec
;.7
42%
,
—0
Co commori——
Tube
Midland
Jan
1,150
61%
43%
Inc——.
*
Nov
34%
63
Dec
"
__
,
♦
Ken-Rad
Class
Jan
9%
—25
Utah Metal
'»
1% July
8%
9%
Drug
Marshall
Jan
210
70c
Jan
5%
.
.
74
29%
Jan
..
'
64c
Sep
2%
35%
1%
Libby McNeill & Libby common—
7
Lincoln Printing Co cqmmon——*
83.50 preferred
•',£
Jan
Oct
21%
800
„
9%
La Salle
■
101%
20c
400
5%
A—,1^5% ,5%,
Kentucky Utility— ./' ' ■ /' '4
7-/X.', ■:'
4-,
Jr cumul preferred-—.——-50
,38%, 38%,
,
Sep
25
18
21%
Jan
12
25c
17%
29c
Jan
2,665
75 %
20c
18
80
392
26c
Jan
4%
18
3% Nov
695
%
May
27%
25
88
60c
12c
41
20c
•
»
System
Nov
{'<!
32
—5
———.
United Shoe Machinery Cprp
6% cumul preferred—
Waldorf
32%
Jan
Dec
5
Inc—,—
Co
&
|
8%
(The)——„.
Co
Fruit
Dec
9%
Twist Drill
Union
United
-
O
—25
Association
Stone &
Nov
4
2% Aug
23%
35%
,
*
Kellogg. Switchboard
4%
Jan
28
18%
■
.1
•
Feb
11%
9%
100
1,050
x32%
Katz
Dec
1%
10
100
3%
Nov
3%
70
X86
5%
11c
203
352
3%
86 %
Feb
10
4%
__
-__l
capital
'
410
2%
34%
35
Jan
10c
Oct
.*
12%
14c
14c
3%
29
Nov
23%
t c..^—:
v
9%
.
29%
' —/
common—10
$7
Co
Dec
-Jun
100
common.
Oct
8
3%
common
12%
>
Jan
200
3%
common.—___—
Nov,
3%
il
common.
Jan
Jan
1%
Feb
1%
50
class
Mfg
B)
6%
50
common—
Jan
16.%
1% Aug
200
capital—
Power
(W
■
6%
Harvester
Iron Fireman
4%
4
•
2%
Reece Button Hole Mach
Shawmut
70
30
30
11%
100
-
—
*
Mills
138
ll'/2
—100
:
Linotype
1
Narragansett Rac'g Assn Inc.—
New England Tel & Tel
.100
New York, New Haven & Hartf RR-100
Pacific
4%
lie
4%
3%
Mergenthaler
Old
4%
11c
——10
Co
common-—.
5% preferred
Mass
4%
common,. .——5
(Del)
Maine Central RR
26%
13c
B
preferred-,.-.,
cum
•
Association—
104%
29%
__
Joy Manufacturing Co common—^___1
Employers
12%
Sep
Jan
15'%
Inc common.—
Co
Sep
2s»
32%
Dock
Car
Brick
9
71
24%
6%
common
Nov
Apr
15%
_i—
Oct
Dec
14%
19
10
common
16%
21V#
'
Apr
300
.
•
Aug
11
common——5
—
V
f
Aug
13% Mar
20
;
•
2
10
iil
—1
Independent Pneumatic Tool y t cIndianapolis Pwr & Lt common—
Inland Steel Co capital
Oct
12
Dr &
Illinois Central RR
Nov
41
*
..
common—
W)
10%
150
22%
'
4
Feb
11% July
15% Apr
250
-
Jan
Nov
7% Nov
Jun
100
10
Spencer Bart common--—25
Illinois
Jan
2
_
1%
Corp
(H
Co
Hubbell
Feb
19
1%
—.
1%
.
Nov
>3
% May»
4% May
..
50
———
common
Motors
3%
23%
3,4
500
10%
Jun
67% Nov
Apr
.
25
73%
„
Jan
Jun
,
310
153/4
—
11%
-!■
Oct
July
y8
2
300
•
14%
———10
IIoudaille-Hershey
Oct
18%
adjustment——100
Preferred
44
1%
—100
13/4
10
Auto
Harnischfeger,. Corp
Oct
...100
Ry
pfd series A.
6%
Eastern
6%
common. ...100
—
Mass Street
1st
1%
Hupp
prior preferred—-——.—.-100
15%
20%
,
47
17 %
480
15%
Co—.——15
Brewing
45
100
1%
12%
.
7
Jan
-
Dec
62%
7
33/4
20%
common--—_—„*
Drive
8V4
-
Apr
1,100 ;
33/4
■
Dec
35%
-
■■
73%
—-
Mfg Co common
Gossard
Fuel Associates—
&
7
,'V
:'''l%
'
k
,
31% May
5
Providence
1%
.
Watch
common-
Goldblatt Bros Inc
Sep
&
e%
Corp>—5
Goodyear Tire & Rubber
Feb
r=>
—
*v;
■,,
Jan
2%
May
36%
r
600
13
common..—10' -.
Gillette Safety Razor common——*.*
Jan
pfd stamped.-.
Util
Morse
(Peter)
General
Jan
Boston Personal Prop TrustBoston
2%
2%:.
10;,.
common-—
Preferred
Feb
1%
1%
'-
__
common-
47
6,500
• »
Feb
10%
May
Apr
500
21%
7%
% May
*160
-3%
Jan
28
■
180
73%
common—
General Finance.Corp
Jan
1%
'
—100
v
15%
Airlines .Inc.————
General Foods
1%
'
.
.—100
class B 1st preferred
;
66%
115%
General American Transp common——5
Nov
13
8%
Co
National
Fuller
Feb
RR—
Calumet & Hecla
11%
Feb
43
Nov
,7
...
20
:
.3__
common——,
Inc
Fox
Jan
23%
.—100
prior preferred—
5 % class A 1st preferred——.,—100
Co
Four-Wheel
High
63%
*
Corp
7%
1st
45
3
1%
■* ;
Manufacturing
Fairbanks
Range Since January 1
High
25
class C
100
"20%
—
-
-———25
& Cohn
Eversharp
100
Boston Herald Traveler
1%
62
550
—
*2%
•
20
common-—
Electric Household
for Week
Par
Stamped
550
■
■
——1• •/,•;7
%'•
Corp
Dodge Mfg Corp.
Elgin
Range
of Prices
—100
Tel.—
&
Eastern
Sales
Last
8 '/c
35%
•
Feb
% Feb
100
Nov
52,100
62
20%
1
—_
••
Rubber
(Alf)
Dixie-Vortex
Exchange
Friday
Maine
2%
34%
•
6%
May
1%
190
.
\
inclusive, compiled from official sales lists
Sale Price
STOCKS—
&
8%
1%
1
•
V3
/
25
common-
20
8%
„
35%
x62
•
160
2%
May
Boston Stock
Boston
5
24
Apr
Apr
71
-2%
-
*2
i
Cunningham Drug Stores ———2%
Curtis Lighting Inc common——2%'
Deere
&
<
*
—10
common
Steel
Decker
Boston
22%
%
180
-
;
Jan
Dec
4% May
3,000
fo
87
18
72
,
-i1,; Mar
150
6%
%
85
-
2%
.1
common—
common
Dayton
&
-—5
Container Corp of Amer common.
Continental
Oct
—
1975
Tel
650
24
Common pt sh vtc class-A
50
Common partic shares v t c class' B—*
Nov
90%
—
5s series A
American
^t{
%
6
Cudahy Packing common———30
7% cumul preferred—
100
5
4s
Dec.
Apr;.
:.
—
Consolidated Biscuit common-
Conn—
indebt
on
41%
87
i*
common
Edison
82
Aug
A x-w_50
ser
2.65
Sep
Cities Service Co.
Bonds—
Coast
280
%
*
preferred——
Commonwealth
Crane Co
Certificates
70%'
Chicago, Towel Co common--:——-—J'*
0 •:
45 -...
Chicago Yellow Cab capital——vi—
* ''V— ;
11%
Chrysler Corp common—,
—5
■""65%
Jan
Apr
19%
203
21%
common...
common
5%
I
210
2.00
.
—2
Fidelity & Guar
Atlantic
Jun
65
—
Casualty,
Phillips Packing Co
Seaboard
9%
Mar
24% Feb
108
70
23%
23%
210
50
...
Preferred
Amsterdam
33%
9%
25
Co
Vernon-Woodbury Mills com—100
New
91
129
33%
33%
,—10
Houston Oil preferred.
Mercantile
128
13 V2
Util com—50c
common
High
500
%
Central States Pow & Light pfd
26% July
Low
14%
1
———
Range Since January 1
High
13%
65
_•
—
Shares
14%
*.——*
West
preferred;
preferred
Chicago Flexible Shaft
Fidelity & Deposit
Fidelity & Guaranty Fire Corp
pf.d
preferred
South
lien
15%
Dec
86
for Week
of Prices
Low
—10
common——,
55
Feb
6%
&
Prior
Nov
12
Mat.
40
Central
Nov
Nov
1.80
Jun
3.50 July
1,051
Illinois
Convertible
High
17 Va
Apr
30c
321
1.25
11
55
Consol Gas Elec
13%
267
17
(A M)
Central 111 Secur common—
Range Since January 1
High
16%
Co
t
v
Central
for Week
Sale Price
Co
Sales
-
Range
Sale Price
.
Par
Castle
Sales
Last
STOCKS
,
from official sales lists
Week's
Friday
Week's
Last
STOCKS—
Apr
Jun
9
Oct
Dec
;
>
i
Number 4133:
Volume 156
-
2119
-rV.; THE COMMERCIAL & FINANCIAL CHRONICLE
V
.
;
OTHER STOCK EXCHANGES
,'v.
j),;
common.,.———25
(The)
Trane
Co
Union
Carbide
20
S
U
S
5
*
cumulative preferred—'— __ 100
Radio Products common!—22*-l
Steel
7*4
Utah
common—_~.l—
Co
Wajureen
common—2—2.100
Union Tel
Western
common—50
Westinghouse Elec & Mfg
common—-——*
common—;—*
Wisconsin Bankshares common-^----*
Woodall Industries common.—---—2
Wriglcy (Wm Jr) Co capital———_V
Yates-Amer Mach capital.—.—5
77%' Dec
3
;
18%
Feb
'
May
61%
.7%
Apr
18 %
41
Watling, Lerciien & Co.
Dec
Dec
Members
'
55%
Jan
2
Jun 2
Jan
119%
44%: May
107%
Dec
1%: Jan
20%
:
11%. Jan,
'•
4%
1,050
250
400
800
Jan
6%
Telephone: Randolph 5530
Jail
"
Aug
2%
Feb
4% Mar
5%
Nov
1
;
,
4
2%'July
40
* Apr
Jan
V. 62%
V
4%
Jan
2% Mar
8% Mar
19%
Dec
Oct
Detroit Stock Exchange
'
.
.V! A,. >;NyA,.':;/A'A i A'V':'
Stocks—
Unlisted
;.
com—*
Radiator & St San
VyiAA.
Anaconda Copper Mining-—22-2—.22.50
24%
Atchison Topeka & Santa Fe com_2.il00 V'- 44%.'v.
Bethlehem Steel Corp common
»
53%'
Curtiss-Wright ————
1
V"—-A A.:,
General Electric Co__-——29
Intcrlake Iron Corp common—i-——•
,
6
Martin (Glenn L) Co common-——1
Nash-Kelvinator Corp.!
5
6• *
N*w York Central RR capital-——■_*
;,97/b
Paramount Pictures common---!--—!
Pullman Inc capital——.
-_•
.
22. ;?
Pure Oil Co (Thel common.—10%
'
Radio Corp of America*common——* aA 4V«
Republic Steel Corp common.—"——*
V 13%
Standard Brands common
* 'A .3%
Standard Oil of New Jersey capital—25 •
; —
Studebaker Corp common
— 1
—VA
U. S. Rubber Co common——2-—.10
-2. f;
Yellow Truck & Coach class B—
1
American
,
,
6
Apr
6%
Nov
22% May
28%
Jan
27%: Jan
53
Oct
3%
,
14 *
1,150
3%
43%
5%
23"%
12%
4
44%
:-5%
Jan
—-V'V '
Oct
Atlas
Jan
•:
Biscuit
Burry
26 A-; Jan
Continental
12%
Oct
Crowley
11% Apr
17%
Oct
Detroit
&
28%
Nov
Detroit
Edison
10%
Nov
Detroit Gasket
V 7
.20%;July
7%
v
>;
Apr
'
Jan
4'%
Nov
19 2
Jan
Detroit-Michigan
2%
.
2%
.
5 i--v
Nov
Gar
6%
Nov
General
25%
Apr A A
3'A-Aug
Nov
General
Nov
Goebel
.,
13-'%- Mar
10%
Aug
:.
14
Cincinnati Stock Exchange
Week's
Jan
1%
78c
Jan
4% Aug
3,001
15
Apr
18%
Jan
1,250
Apr
8%
Dec
1
Jan
8%
74c
lists
v v'
for Week
Shares
Low
Par
Aluminum
Prod
-2-20
Machinery—
preferred
prior
1,310
1% Mar
2%
Oct
3
—3
common
3
250
2% Julv
3%
Feb
"1%
17/U
42%
353
1%
1,050
Ball
-.1
common——10
Bearing
Die
Mfg
14
55c
55c
55c
•
•
*
Champ Paper preferred.!'—_!!—2
5
5
2%
2%
—100
pid
^2—22
'.V
Eagle-Picher
0
/.
Oct
2%
300
1%
Jan
2%
Dec
16c
13
6Va May
9%
7%
5Q
6
Va May
9%
5%
120
5
7%'
25'/a
26%
634
22 Va
29%
«
i
—
_•—
3;
4%
—
% 7'
9%
Mill
Rolling
♦
General
Motors
Brands •
Standard
10
.2—2.
-
••
2-
;
class B
'V:
/ V
" "
v
-
:.V'
:
;
V'
.'
-)- J: Par
Akron
City
-Ice
&
•Clark Controller
Cliffs
Cleveland
Cliffs
Iron
—•
Pressed Steel——__L2_—*
r
F
—22—.2-22
.2
—
Rubber.!.'—A—_2_*
Lakes Towing preferred.22_.100
Great
Halle
Bros
Va
V
5%
-v.4% July
:t
..
12
10%
Ind
Nov
4%
Aug
Nov
Jan
l'/fl
l'A
725
75c
Jan
1%
Nov
1
1 Vs
1 'A
150
x'/a
Jan
1%
Jan
4
4
550
2%
Jan
4%
Nov
2%
2'/a
100
2'/a Mar
3%
Dec
common
Products common.——4
2.
•
-
_222_._A;2230lk
Machine
^2
+* ■#;$: '£~i
Laughlin...!.!—.2—2__
t • _!-• •
Kelly Island Lime & Tr..22,-- ;!2.2__* '*
.•'0%
&
Medusa
Sessions.—.—22*
G)' clr>
Portland Cement_ii2_2_jL'_!^*
National
Acme
National
"
_^._2„!_■_
Diamond
Blue
•M
Bolsa
Richman: Bros.
Thompson
Dorn
Iron
West Res
White
A.14% •"T5v
' '
15. J
a
2% :
•'IV4
10%
Motor
2—
Works.
22
—„„2—*
^
a26Va a26 Va
.
preferred—-1___1Q0
.2
Tube.
...
*
a
13%
a29
__
20
32
19
Feb
10
Jan
21% July
7
Jan
125
6
Apr
10
55
Feb
13%
60
a29 Va
Jan
Feb
-
Mar
Feb
•3j/8
Nov
60
Nov
l'A
1
25
1st preferred
preferred—
Lighting
Inc..——--2
Shell
Mar
8% Mar
Dec
2.!.-——'
—15
Southern California Edison Co Ltd—25
Union
6%
Oil
preferred
25
25
-
C
pfd class A——25
Southern Pacific Co
*
Standard Oil Co of California
*
Co 6%
Calif Gas
Unlisted—
Taylor
Addressograph-Mul
common
2
—10
General
Electric
Glidden
Co
common..—22—
common..2-2
-.1
—_*
Industrial Rayon common.—.—
N
Y
Ohio
Central
Oil
Republic
U
S
RR
22
footnotes
—2
see
page
2123.
.*
70
Transcon & Western
%
185
14%
10
a 29
.2
*
,.
..
14%
a
29% a32 Yh
132
al07« all Va
273
47
157
1
•.
Union
209
13%
13%
•
a 46%
Corp
Oil
Vultee
171
alO'%
alO
11
*
38
a
10
common
Steel common..
2
15% al5%
a
a28%
.,
*:
*
common.—.———*
Steel...
For
"•_-'
.10
Corp
a28% a28%
'
\
——2.
Milling
Transamerica
Aircraft,
Western
9%
Sep
13%" Sep
123,8
of
20
290
46%
Jan
66%
Dec
4% May
7'A
Nov
686
7
180
5%
20
200
:
4
17 Va
23
Oct
20c
Feb
42%
Nov
700
10c
Jun
380
31%
Feb
305
237
11%
17
30'A
658
4%
100
410
6%
6%
25c
17
350
May
5%
Air
25
California
Lines
1
—
Inc
8
6
Apr
Sep
Feb
45c
8e
1,000
6c
Apr
8c
8c
V-
1.90
Oct
Feb
Jan
Jan
Nov
Jan
Mar
Dec
30c
30c
200
25c
Jun
40c
Jan
22%
23
225
16
Apr
25%
Nov
29%
29%
100
25% Mar
30'A
Nov
25
Jan
28 Vs
Oct
815
a27% a27%
32
31%
8'A
8'A
22%
Apr
32 Va
Nov
100
5'A
Jan
8'A
Dec
40
1.95
6%
6%
Jun
2'A
Oct
6'A
Apr
8%
Jan
25c
Oct
Mar
20c
100
8
220
6% Mar
3%
3%
475
3
3%
May
8%
1.15
294
8
__
12
125
920
6%
6%
1.90
27c
8%
Nov
Jan
5'A
Feb
July
37%
Nov
Jun
30%
Dec
May
a37%
-—1
38%
60
3&
30'A
69
24%
16 'A
16%
99
10% May
16'A
Oct
19
19%
1,426
15
21
Nov
29 'A
29%
733
29%
Dec
27%
27%
31
31
14%
15'A
26%
26%
1%
1%
105
8%
8%
200
5%
5%
3.820
4
al4%
15'A
69
a
19%
29%
24% Mar
Feb
25% Mar
31
Nov
10'A
Jun
18
Nov
18'A
Apr
28 V*
l'A
Apr
2%
Sep
8%
Dec
10%
Apr
Jan
5%
Oct
15 'A
Oct.
1,446
939
.
14%
7%
14'A
14%
3,040
10
Apr
7%
7 Va
200
7
May
a
—
4%
Dec
23
172
—•
5%
27%
712
—
—
Apr
a4%
Oct
10'A Mar
Oct
4%
Oct
4%
3.000
%c
Dec
4c
July
300
2 VaC
Oct
5c
Sep
8
Oct
Mining Stocks—
ri7
23
95c
,
—,
7
-kk
23^
29%
.I" 35c
40c
45c
—
•'
15 'A May
100
200
1.05
45c
,
7%
Oct
Mar
Oct
4%
3% Mar
18c
Sep
Nov
2,950
7%
7%
97 %C
97%c
6,037
29c
16 %
8%
22%
31
Jan
•
29c
,
6% Mar
8 %
4%
--
Apr
16c
22%
Oct
Jim
7
42 'A
30%
Va
Feb
Cardinal
Zenda
Gold
Gold
Mining
Mining
Co
Company
—
1
1
VaC
#
Oct
Apr
8%
5
Air—
Inc
Nov
9% May
22%
Corp.—;
preferred B__
5 % %
So
Nov
Oct
30%
Safeway Stores Inc
Sunray Oil Corporation
Cleveland Graphite Bronze common—.1
1
lc
19%
66 Va
42%
:>.?•
Security Co Units of Ben Int..
Jan
2c
Nov
Jun
12%
al6c
a3774
Dec
Aug
11
May
lc
20c
12
65
lc
—
22—.
Aug
8'A Jan
Apr
17
Jan
75c
July:
5%
Dec
com
Corp
29 Va
l5/'a
94
—
Aeronautical Co
2
1 'A May .!«
42c
7%
Corp
Roberts Public Markets
Ryan
10
19
Nov
57
a
—
common
Warrants
_2.
410
65 ••
65
2-222221.50:'2'/22
—
&
••"5
1
,
1st
5 Va
9.000
5%
——-—„—25
—-.25
—
—*
— ;
Pacific Western Oil
,'—2—10
'
Puget Sound Pulp & Timber Co
*
—
Republic Petroleum Co. common.—-1
1.90
Richfield Oil Corp common.
*:>;:■
6%
6%
1.000
lc
20
1
Corpj———-1
Electric
&
Gas
Pacific
Nov
6-
6
•
1,156
.
V AUg
Pacific
Petroleum
50
800
Co
Oceanic Oil Company
Jan
Jun
Mng
Feb
Nov
% Jan
Oil
Diablo
—
1,100
2c
6%
—
,
10
1
& Dev.——.-—1
Feb
5
20
1% May
Corp
3,475
7%
8%
7
20
a 16c
——10c
Angeles Investment
Mfg Co
Jan
66 %
—
—1
———
%
7%
,__v.,!
'
10
common
%
% July.
52%
17%
—.
Co
Aircraft
Lockheed
Los
Co..
Petroleum
80
Feb
a20:%
17'/a
& Co
—*
-Rubber Co———*
Hancock Oil Co common A_2—2-2—* gY
30
Hudson Motor Car Company.—_—..*
—
37%
40
9%
9%
22
Stores——2222——
Sheet
•
Corp
Nov
300
a20% a20%
McBean
Occidental
Jun
36
146
'200
'22 •; '•22Va
221k\
.*
1%
10%
•
.
Motors
Gladding
3%
lc
/..
Goodyear Tire &
Mt
3V'4
1,343
1%
Dec
—
524
%
A
Menasco
12
2'
1,160
2%
Nov
10%
13% July
287
•:
al5
V17%
9
.
General
Co
.
27 Va
'
•
525
Oil
Exeter
Corp
SeD
;
2c
--
^2--.!—*
common—2_—1
;
2.20
2.20 May
—
1
5
Steel
;
1.000
1.25
50c
a7%
——;—*
Corp
1.35 July
%
1.25
:_*
—100
Company.—_———1
Oil
1,525
3%
3%
—
High
Low
High
—
Corp.—
Corp
Range Since January 1
Shares
1.85
—
1
——
Sales
for Week
ices
1.70
-
—
,
——
!
Range
Low
1
2
common.,.;——I
Aircraft
Lincoln
.2——
'
59^4
Inc
Inv Corp
Youngstown
101
3%
Week's
of Pi
Sale Price
Packing Corp common
Lane-Wells
Jan
Aug
17
376
10
30
Jan
May
30
•
16
•—1—"_2-.:
Drug
,
400
'%
•
J—2——♦
———_2——■
Prod
May
3% Apr
33
150
r
Jun
70
65c
1,700
compiled from official sales lists
Feb
3
—i-1-2
44
3%
both inclusive,
Broadway Department Store Inc—*
14 Va
May
,10
"
50
57%
•
—
A_22_'.'_22_2_-—__.*
Patterson-Sargent
v,
10 ^2ir--2-
18%
•
11
Corp—
Oil
Chica
74% Mar
9% Dec
6
Mar
-50
.
,.
55 2 July-
25.:/
■
14Va
Nov
Sep
2
11 :.
"•! 2%
59%
new__
6%_2
Nestle LeMur class
Van
—
11%
.
125.
:<!'
18%
a
29
'
-22—1*
Tile
Weinberger
9%
,3%
30
rJ
Dec
%
»ning
Prior prtierred
National
:'k
B22_r!22!22.2._*
10%
X X *5'
al8%
_
(A
8% Jan
75
18%
Jaeger
McKee
a23
High
/;: 130
.
86c
Angeles Slock Exchange
Dec.
Berkey & Gay Furniture Co
Preferred
Apr
1,330
30 Va ■32
•Interlake Steamship
Lamson
5
to
50c
Company———1
Petroleum
Bandini
Consolidated
4 Va
'35% •35%
•/
5
Inc
Accessories
Aircraft
Consolidated
i4 S July
10%
75::-
•:
t
—.2
common
Par
Chrysler
Range Since January 1
100
Jan
33
——1
common—
Buckeye Union Oil Co preferred...
-2•
177
Apr
Dec
Nov
STOCKS—
Cessna
166
102%
23% May
150
Feb
1% Mar
l'A Aug
95
1%
>
Nov
43%
3
44
2% Mar
15%
Dec
3%
Los
Aug
2%
Jan
Mar
-
700
27
Aug
Feb
Dec.
Jan
.
July
9
1 .'
30
1,080
l'A
•
Apr
1%
Apr
Wayne Screw
1
9 % May
•
10 va
1%
10
3
Jan
<v.-:/
>■-••"■•, •• £,ou>
17%
a23
;•
Jan
84c
84c
Jan
12 %
10 V2
2'A
100
27
27
——1
4
2"60
10
360
1%
102 Va
Va May
60
a24^% a25%
preferred.!——2——100
.Jones &
%
10%
2'/«
1%
1 Va
2
151
;
•
Dec
Last
Shares
4
•
Jan
275
Oct
for Week
17'%
17%
Co. _-_.2-22-22._L222__l!_*
Harbauer
a
'■'9%
—-*
Goodyear Tire &
>
1%
5%
Friday
2% '222
1
■
•
60 V
9%
»
1-
Finance
Fostoria
B
12
.
60
Colonial
.Goodrich,
.*2'.-*".:
2—*
preferred..!...!.*
common—i—.—.!.!——5
Corp
10%
a
,.1;
—-—2—
Cleveland Builders Realty—
4 '2.
22
Jun
Jun
10
Oct
235
High
Lou)
Manufacturing—__—'-_.504';'
Fuel
—J22—
Brass
l'A
2%
.
Jan
Sales
of Prices
500
300
2
2
4%
331
Range
Last
'
Sale Price
STOCKS—
1%.
5%
3%
Aircraft
Woodall
Dec
1%
3V«
Radiator
S
Warner
2% Aug
27%
...
5'A
;
...
.
.'■
52%
■
4 Vv
Week's
Friday
/
-
Apr
-
Dist common—;;.....'
Shirt
Oct
both inclusive, compiled from official sales lists
Dec. 5 Co Dec. 11
„
Dec
19%
—
(Fred'k) preferred——
100
,—10
Brewing common—
Jan
Cleveland Stock Exchange
,
1%
741
—
1
common.——___———2
Tube
California
i
—21
common...
Central Investment
:
—*
common
Preferred v t c
'.»•
200
Feb
332
42% •O.
3%
22'
2-2-2-2—
1%
27%
Oct
2
1%
,
41%
W?
22
1%
1%
26%
2
572
•
10%
10%
Fuel
Ice &
Columbia Gas
10
9%
Jan
27 Va
common.——
Aug
'/■.
«
City
3
Aug
42 Va
100
!
4%
;..
Oct
2
302
2%
3
-
Jan
3
905
50
2%
'
American
Apr
V4' Jan,
.
375
50
2%
■
509
•
Unlisted—
" t
3
350
..
1%
Jun
22 Va Mar
:
Jan
July
July
25
17
50
49
2%
;
Printing
Bank
18
Feb
16
30
%
l'A
Jan
May
50
49%
& Gamble common...
Western
8%
21
%
2 Va May
Aug
l'A
2%
l'A
U
Nov
6
Jun
!
6% May
25
3
Jan
60c
2%
10%
United
Nov
3
Jan
23c
Sep
100
200
85c
common——-1
Tivoli
Jan
25%
15c
3,200
8
61c
2 %
Timken-Detroit Axle common
Oct
17%
;•
Feb
1%
350
Paper common
...—*
Scotton-Dillon
common——!—! —10
Stearns
■■
Jan
10
v.
Rapid
S
9%
!77
24 r
•
/ V"
0
U
—'
25 %
V
-
•
Procter
Jan
7
V
65c
Feb
1%
———_——
common.——
(HW)
Standard
Jan
86
Au§
5%
534
,
57 V*'" Nov
0
Pumps
68
••
0
National
r.v.:'. 134
July
189
17
W
...
—
_
■i.
3% Mar
21
/
—
5
-
2
—
6
'
24
«
—
—
2
Kroger
2
5%
■
-
•
Meteor
L
—
—
preferred
Jan
jan
3
27
!.
17%
Jan
l'A
Raisin
River
Jan
7'A
-.••••»
Art
Hilton-Davis
Rickel
Nov
3%
7
■V
—...———
Insulation
Formica
Gibson
100 Va
Jun
1 Va
7
6
——
r Aug
94
•
'60
59%
...
Crystal Tissue
i
: 150
8%
8 Vs
.50
.
2
Corp.
Sep
Car
Invest
Motors
Reo
Dec
29
Davis
Prudential
Sep
68%
Dec
150
84
83
84
0
Crosley
2%
Dec
'
rt' "
Yards.
Dec
28%
48
3%
tl
•
Cincinnati Un Stock
V4
68 %
:
Motor
Chemical
Parke
Sep
10
.
.
100
3%
:
•
5
-2
—_
Telephone
Park
Apr
2
10
110
%
68%
28%
99
.3%
Cincinnati Street
Cincinnati
22
Dec
'A
'
0
_1„_—
Cincinnati Gas & Electric
'•
•
Aug
1
1%
•
'
Advertising Prod
Crank
'Jan
; t:
'
;
68»/a
28%
.
100
_
:
_
19
110
%
J/s
.
,'v
.40
.
Ball
191
%
%
3«
...100
Class B
Cincinnati
20%
20%
•
6Va Aug
Jun
4
'
Participating preferred
Cincinnati
50
Packard
High
Low
J
v-:
5%
13
30c
1,300
200
61c
•••
—
.50c
common...,
Jan
May
1 Va
1%
15c
15c
common.;.—.—1
Abrasive
Nov
60
2
mi*'"'
common—.—— .*
Mid-West
/.'
Jan
1 Va
common.——1
Oil
Casting
Sugar
Dec
2%
•
common....
Michigan
42'A
900
82c
Sep
Jan
1% July
30 Va
116
82c
14.
i
——•:
common
&
&
'•*■
I7/a
1 'A May
200
1%
1%
—.1
common
Range Since January 1
High
5%"
5%
7
—
Carthage Mills class A
Churngold
r".
1—
Laundry
American
Amer
«
Industries
May
2
42%
Lock
Mich
f.1-
.,
7%
57c
550
Feb
1%
2:,;^;
*
Range
of Prices
Last
Sale Price
STOCKS—
A,
common......——.10
Finance
Motors
McClanahan
v.
Sales
,
4% Nov
95c
8%
65c
1
Kingston Products common.—1
LaSalle Wines common..
,--—2
5 to Dec. 11 both inclusive, compiled, from official sales
Friday
65c
5
1
,Deo
200
1
3
17
common
2% May
100
Feb
4% NOV
58c
17%
17%
1
Apr
1,600
"
Brewing common.————1
Graham-Paige
Hurd
-;;
Industries
Wood
Hoover
Dec,
2%
Feb
Jan
44%
Apr
'
31
1:
2%
3
700
7%
Aug
15c
1,230
3%
3%
1
-
20
Iron common
Stove
^
'
common—10
Nav
common.....:—
13% May
4%
58c
45c
High
5
300
6
4
,
50c
12 %c
common..--—1
——*
common..
Detroit Gray
■
4V!
—1
Milner common....
Cleveland
Low
k:\. 5%
common——
Motors
Oct
Jun
3 %"• Jan
6%
common
Range Since January 1
Shares
LOW
5
Baldwin Rubber common
Drop Forge
for Week
of Trices
V''Paf
7%
17%'May
.,
;/
■
Sales
,
Range
Sale Price
STOCKS—
Jan
Jun
Week's
Friday
Last
7f:
30%
21%;. Apr
1,450
307
355
295
160
24%
12%
-
67
9
May
5%::'Jun
5%
2;-'
,
50
.
13%
both inclusive, compiled from official sales lists
11
5 to Dec.
Dec.
••■■fe/
Xy:':
•
415
24'A-'25%.
,
70ft I
43% 44%'\v;' 300
53%: 54%
395
6%,
6%.
279 ,
28%: 29%% • A".740
.5%. A6362
17% 18%
,,
150 s
5% " 6% ; • 752
9% : 11% ; -.1,200
16% 16%
400
25%: 26
v-v
510
9% -10%
1,250 2
4%
4% ;a;aa'570A
5%
DETROIT
Ford Building
Oct
81 %
Dec
Chicago Stock Exchange
Detroit Stock Exchange
Nov
29%
Jan
23 Va
63W Apr
New York Curb Associate
York Stock Exchange
New
Nov
17%
15%. May
.,
5% "
2% ,•
55
56% ■ \;'y,".&.-421 ;■
3%
4V»
350
16% ; 19A2,350
56%
;
4%
1%
5%
3
4%
1%
.
1%
5%, %:
.•
common———'
Corp
Radio
Zenith
:
Oil-O-Matic
Williams
10
Apr
.
Inc
Wieboldt Stores
High
;
t
Sep
,
capital—-.—-—-—1
Pump Co
Wayne
Low
7%:
58 Va"
.
.
.
———"
common-
Range Since January 1
Shares
,Low High ,
.
•
7%
7%
7%
20ft
—;
76% 77%'-'
554
• J. - 60 Va 611«
'110
17% 17%
85
/,
46VA
46'A 47
1,341
~ L'-' ; '
108% 110 <
>.,■
262
<\yl%;.,1%'1% V i-r 450
20
19% 20
284
—
• 17%
17%
25
'AAV' '' 25% ; 25%
,
50
77% 77%
135
.
capital-— _•
Carbon
&;
Gypsum Co common——2
United
Air Lines Transp capital
U
„
/..Sales-..
for Week
of Prices
Sale I'rice
-
,
:\JPar
■'
' '!
Last
■..\
STOCKS—.
Week's
Range!
..Friday.
•
"
i
i V.
;
.
'Ac
ale
VaC
ale
•>
•*
THE COMMERCIAL & FINANCIAL CHRONICLE
2120
Monday, December 14, 1942
OTHER STOCK EXCHANGES
Friday
Week's
Last
Range
Sale Price
STOCKS—
Amer
Low
Tel & Tel Co
Low
&
Co
(111)
a243/a
—5
■
al29%
50
—
Barnsdall
Co
Oil
Borg-Warner
Caterpillar
Cities Service
&
Elec
Commonwealth
Continental
Curtiss-Wright
Co
75
44%
45
29
65
14 Va May
3
all%
12
St. Louis Listed and Unlisted Securities
High
a537/a
a53%
a26'/a
a37%
Corp—*
Corp,——.
Light Corp.—
Edward D. Jones
Established
705 Olive St.. ST. LOUIS
18 Va Mar
Jun
4Va
Jan
Members
New York Stock Exchange
St. Louis Stock Exchange
11% Nov
Phone
CEntral 7600
Aug
39 Va
Jan
Chicago Stock Exch.
53%
Sep
60 Va
Feb
22'A
Jan
2 7'A
Oct
Associate Member Chicago Mercantile Exchange
New York Curb Exchange Assoolate
33% Mar
100
38%
Oct
3'A
62
2V4 July
3Vt
610
1 Va May
2 Va
Nov
12
8V2 Mar
9 Va
V4
Vt
220
•ft
Jun
166
17 >A
Apr
23
July
Jun
y
Jan
Dec
1
Bell Teletype SL 593
Oct
1%
Postal Long Distance
Chicago Board of Trade
.
6%
6%
170
6
1
1 Va
205
1
•
*
—
♦
St. Louis Stock
Oct
ft Nov
...
5
Dec.
to
11
Dec.
both
Power &
General
Electric
General
Foods
Int'l
Friday
Kennecott
29
968
22 Vi
Apr
30
of
34%.
100
24%
Apr
34%
Nov
a27%
28 V*
106
24%
Apr
*
5%
5%
300
2'/a
Jan
27 Va
27 Va
305
a44%
46 V*
25
*
Canada
Tel
a33%
34 Va
220
Tel
&
Copper
—®
_
Montgomery Ward & Co
York
28%
a28
Corp
Inc
Central
10
RR
North
American
Aviation
North
American
Company
1
Inc—
Ohio Oil Company——____;
;
30 Va
Week's
6% Nov
Chic
26% May
34 V*
Feb
Columbia
Apr
44%
Nov
Dr.
31%
Oct
6%
12%
Oct
Hussmann-Ligonier
9%
463
10
May
13 %
Jan
International
9'A
9'A
9%
415
7
Aug
10%
Nov
Johansen Shoe
100
6% May
11
Nov
Key
11
:
Motor
Car
Co
*
Paramount
Pictures, Inc
Pennsylvania RR Co
2%
.,1
:
2%
Co
22 Va
10'A
Laclede
Steel
Oct
Landis
Machine
253A
Nov
Pure Oil Co
—_®
:—
;
10%
Nov
150
20
2%
Republic
Steel
Midwest Piping
Missouri
4
V4
4 Va
4'A
711
13%
*
.j•
Corp__
Sears,
Oil
13%
13%
440
of Del
Co
Roebuck
&
al6% al6%
Co
_*
—
Socony-Vacuum Oil Co_
Standard
Brands
2 s,'a
Feb
13 Va
Stone
&
(New
Co
Webster
Studebaker
*
9%
Jun
252
a43%
3%
a43
®
—
Corp
4%
Nov
&
Corp (The)
Co
25
Oil
Assoc
Air
United
Aircraft
United
Corp
Lines
a21%
(The)
58%
Nov
St.
9%
Dec
Scruggs-V B Inc
2%
Apr
31 Vs July
5
Rubber
S
U.
S. Steel
Stix
Steel
256
4'/a
Sep
6 Va
Nov
*
24%
Jan
9
9
100
77
176
'
a24%
203A
65
al7% al7%
8'A
3*2
Jun
62% Mar
8% Mar
247a
130
285
a24% a24%
Sep
Mar
31
15
25
20
V*
-
46%
—
':
Nov
77
Electric
6%
275
4% May
78%
82
70% July
a2
50
1 Va Mar
a2
both inclusive,
6%
Friday
Week's
Last
Par
Bankers Sec Corp preferred——
Barber Asphalt Corp—
v--.
Budd
(EG)
Mfg Co preferred
Curtis Pub
Prior
5
Co
General
&
Hardart <N
Y)
Lehigh Coal & Navigation
Lehigh Valley RR
Pennroad Corp
5 to
15
15
10,
11%
65%
11%
71
71
65%
66%
138
1%
Service
14%
Nov
6
Aug
9'A
5
Feb
7%
Apr
355
6
Nov
8 Va
July
200
21
Jun
Jan
6V*
24%
__
r
,
,
6%
6V2
'
25
90
r
90
2,500
82
80Va
—
11 both inclusive,
:
'
t
80%
1,000
Dec
Jan
26
NOV
94
77»A July
Oct
85'/a Mar
Range
Low
Coast
16 V2
Jan
Creameries
12%
71
Nov
44%
Jan
67V2
Nov
1%
729
%
Feb
1%
17%
75
12'A
Jun
20%
Oct
32%
508
28%
Apr
34Va
Nov
42%
41%
42%
1,357
29%
Jan
43 V2
of
Nov
Jan
9c
8%
100
6%
Apr
8%
220
5
14%
14%
3% Mar
3%
31
85
10
Feb
10c
27
155
20 Va
20%
600.
26 V*
40
90C
Dec
2.00
Jan
22
30
21V*
Mar
201
18% May
394
18
3%
3%
710
• •;
10%
■
.
6%
Jan
23'A
Nov
3%
Nov
10
r
140 *
r.
Mar
12
Sep
76 Va Mar
88
Jan
1.65
787
37%
Dec
23 'A
Apr
15'/a
5'A
Jan
6%
Dec
Jan
41%
Nov
Jan
6 Va
250
13
13
13%
537
12
July
15 V*
35 V3
35
35'A
400-
32
May
38
Sep
5%
5
5 '/a
5
Sep
6
Nov
43
May
55
Dec
Nov
70%
Dec
Apr
39 Va
Dec
6%
—50
——5
Equip Co.—
85
26 »A
Oct
2Va Mar
1,095
6%
35'A
.
Emporium Capwell Co. common—.—®
:
80
5%
—*
(ww)
11
79%
10 «/a
.
Dec
26'A
26'/*
*
Dec
Mar
Aug
21%
—
30c
27
16% Mar
20%
..
Oct
Jan
60c
2 6'A
.
3%
Jan
20%
—
Dec
Nov
21% Mar
2,080 ;
1.00
Oct
July
14 Va July
Dec
16
75
10c
26'A
—
103%
2% Mar
1,600
10c
.
5 V*
Apr
345
V
—
27
..
—100
&
3c
21%
5
common
Oil Works
Der
550
3%
.1
common
——
Preferred
3c
3'A
Apr
—*
Preferred
Dorado
1%
101% 101%
..
Giorgio Fruit Corp common—...10
El
172
25
Inc
Amer
High
2.20
3 Va
5
—.
*
A——
class
Preferred
Di
Oct
•
Ind
Crown Zellerbach Corp
Nov
Jun
Chem
Low
1.35 July
1,150
8%
—
100
Commonwealth Edison
Cons.
Range Since January 1
High
1.85
2c
2c
8%
Co
Mining
Shares
3 V«
common..!
Counties G & E 1st pfd——..25
Eureka
Sales
for Week
of Prices
1.70
1.70
10
common
Exchange
compiled from official sales lists
Week's
Last
preferred——25
Feb
6% Mar
425
20
370
*■
Mills
Jan
49
30
Jun
7%
—
Sale Price
common
Cotton
Water
Central
High
30%
17
Sugar
12 Va
125,
Jan
101
Jan
7
,
14'%
134V2
101%
17
Sep
9%
Oct
Inc—————10
Jan
9%
772
Dec
98
Jan
50c
Apr
12% Sep
438.
14 Va
10
100
-
10
lOl.Va
Calif
Range Since January 1
LOW
12
100
10
99%
•
California Packing Corp common
Shares
Sep
Nov
1941
Dec,
25%
25%
13%
25%
55
21%
Apr
27Va
Fireman's Fund Indm Co.-10
Jan
3%
4%
862
3%
Dec
5
Jan
Fireman's
50
2 %
2%
10
2V»
Jun
3%
Jan
Food Machine Corp common.
*
1%
1%
90
1%
Apr
3
Jan
Foster
*
—
voting trust ctfs
-1
Phila
Elec
Fund
2nd
400
3%
2,189
2% May
4Vt
General
Oct
Motors
7% Mar
Jan
Oil
United
$3
Jun
26
Nov
32%
Dec
Paint Corp common—.....
Gladding McBean & Co
12
Dec
Golden State Co,
.50
14
14%
210
16
Nov
Hawaiian
22'/a
22%
25
20'A May
23%
Sep
Holly
2%
123
3%
Jan
Honolulu
39%
99
25%
Apr
39 %
Dec
Hunt
49%
50%
32
43%
Apr
55%
Jan
Hutchinson
V'2
1,421
common.
18
■:
——
:
Improvement
$5 preferred
13%
common..
4%.
101%
Westmoreland Inc
Westmoreland
-.25
%
13%
3%
4Vt
14,786
101% 102%
144
986
92
Inc
G)
ia
Oct
Lockheed Aircraft Corp.,
Jan
Magnavox Co., Ltd
106%
Jan
Magnin & Co (I) common.....
87.
10%
Jan
13%
Nov
50
15%
Jun
24%
Oct
March
Pittsburgh Stock Exchange
STOCKS—
Par
of Prices
Low
sales
17%
17%
50
5%
5%
5%
313
9%
9 Va
50
812
(A M)
Columbia Gas & Electric
»
»
Walker
Star
Refrac
common
Gas
Fuel
_
Supply
Fireproofing*
Screw
&
Bolt
800
*
13%
12%
13%
243
.»
192
184
30c
300
30c
5
5%
common..—I—1
*
6
2%
15'A
1,120
2%
14 Va
15%
100
■»
500
583
footnotes
see
page
2123.
1,720 i
Nov
Nov
Jun
6
Dec
31%
Feb
Jan
Mar
5 Va
Jan
15 V* May
24 Va
Jan
16%
1.50
4%
16'A
,
4%
303
Jan
2.20
5'A
3,160
3%
Jun
5%
14'/*
506
12 Va
Aug
95c
Aug
1.90
Jan
Nov
1.75
5 Va
4
700
1.05
90c
2,825
1,568
15
Jan
5'A
6%
200'
4%
Oct
9%
7
500'
5%
Oct
7%
5
31
8c
12
5%
1,300 J
58
-
3
20% May
5c
200
Jan
31
12c
Sen
Jan
Jan
Feb
Oct
Dec
Oct
30
6'A May
12%
Dec
700;
3% May
5'A
Nov
2.90
Nov
2.75
1,148<
1.35
Feb
22'A
23
2,533!
15%
Apr
29%
29%
29%
1,519!
24% Mar
303A
Oct
27
27
27
470
22
Mar
27%
Nov
25'A
25'A
100'
21
Mar
25%
Oct
31%
31%
977.
22 Va
Apr
34
Nov
106
90
Mar
103
1st preferred
5%%
5%
High
22%
7V*
$5
Nov
..A
preferred
common
div
common.
2Va Nov
13%
Dec
1st
Pac
preferred
Tel
Tel
&
Co's
Paraffine
common
common..
1%
Jan
Philippine Long Dist Tel Co
Jan
Pig'n Whistle preferred
Puget Sound P & T common
10%
Nov
6 %
Rayonier Incorp. common
Nov
Preferred
25c
Dec
70c
Jan
Rheem
55%
Feb
83%
Nov.
Richfield
3% Aug
5%
Jan
Roos
Sep
Ryan
20c
May
5% Aug
1% July
14
May
*
-*
*
31%
100% 103
103
30c
7%
3
19%
Jan
Mar
Shell
————
Manufacturing Co
Oil
Bros
Corp common—
Aeronautical Co
Union
Oil
common
Pulp Co
common
Gas
Co
2'A Mar
3721
14'A
14%
325.
11
—100
90%
92
178'
72
®
36%
37%
909 !
12
12
140
P100
—*
*
1
6'A
1
preferred ser A
7%
Jan
Dec
3%
Dec
14%
Nov
101
37%
13
Jan
Dec
Sep
200
i
1.50
Jan
3%
Dec
6'A
6%
520,
6'A
Dec
15%
Jan
26
9%
10
8%
26
10
3%
6%
405
3%
3%
16'A
14 '/a
25
31
14 Va
103
103
31
,
'
Dec
6%
356
14%
Apr
Mar
9%
500
6%
8
24
146?
230
14%
6%
15
—5
Apr
22'A Mar
Nov
3%
8%
—
——25
.1
*
Mar
24
3%
..100
Preferred
Cal
"
3%
1
common
Soundview
Feb
.
3%
'
16%
Apr
25
25
.25
2,35
—®
Pacific Pub Serv
Jan
10%
preferred
1st
1st
Pacific Light Corp
Jan
So
For
Dec
9%
23
Apr
4%
4
55c
15%
JUn
27%
12
4%
Sep
Mar
5 Va
10
200
2.45
Apr
6% Mar
83
-*
40c
5
2,300?
5
Aggregates
12%
2,662
30c
X
Oil & Gas
Mar
2,737
3%
B—
July
May
8c
AA———®
class
l'A
6
81%
Westinghouse Air Brake
% Sep
10
-
7%
»
^
Sep
6% Mar
5 V'2
—25
Manufacturing
5
6%
25c
Corp
16% May
58
1%
*
Co
Shamrock
1%
13%
1%
10
Corp com
Pittsburgh Plate Glass
Renner
IV2
1%
—10
Brewing
Mountain
National
<
13%
1
Devonian Oil
class
14
19% July
30%
1
8'/a Mar
24
7
7
Sep
439
440
98c
10
Jan
July
185
4%
J:
8%
26
14
14
1.00
6%
14
26%
,6%
Co—
Filters
Coast
Pacific
lists
Low
17%
Moffatt
United
5'A
Apr
Mar
25
4%
16 Va
1.65
6
26%
5
Petroleum
Range Since January 1
High
*
Byers
Insurance
.
__
Cons—4—,T—/TO
American Oil
6%
Shares
•
—
"
,
®
Company*—
for Week
Allegheny Ludlum Steel
26%
•
9%
3%
8% Mar
6
common——1
Fibres
Auto
Oliver
'Sales
Blaw-Knox Co
*
Manufacturing Co common—1
O'Connor
9%
100:
100,
1,531
Pacific Gas & Electric Co common—25
inclusive, compiled from official
Sale Price
..7'
——.1
1
Calculating Machine...——..5
Menasco
Occidental
Range
15%
Libby McNeill & Libby..—
Jan
5%
12%
Last
1
16%
20
Week's
50c
8%
6
10
;
Jan
12%
Friday
50c
15%
•
;
9'/a
.10
—
(R
Jun
20
both
13'A
Plantation....... 15
Occidental
11
L
preferred
Sugar
Salt Co
North
Dec.
11
—
capital————® "i
Natomas
to
1
—
National
Dec. 5
10%
Ltd—.—..
Mar
3%
.20
;
'
July
&
11
322
:
-10
——
Coal—
%
13'A
4%
11
8%
Ltd
Corp
Brothers
LeTourneau
u oct
T>lf Mar
,
®
—
Oil
4%
>>_
12%
Genl
39%
pfd
Corp
preferred
Harbison
Nov
Apr
United Gas
Pitt
43%
7% May
11% Apr
50%
Investment
Corp
Jan
18%
Leslie
Transit
31%
29%
Development
Oct
Feb
1,500
275
July
1.10
42%
303
1 %
Aug
41%
2,657
2
40c
16'A
12
—1
28 Va
440;
Nov
32'/a
—
234,'
'
8'/a
22%
—_.
66%
190
;
25
10%
Corp
65c
common—..—10
Corp
Co
39 %
A
9'A
21%
Pine
70%
65c
20
9'A
—
X31%
Scott Paper
Sun Oil
69%
70 %
,
®
Laundry
preferred— .25
common
55
-55
39
!
10
—2%
common
.50
8%
preferred
Dome
21%
3'A
Merc
,
25
Co
Ins
Kleiser
&
-3
Pow
Philco
Corp
Reading RR
3%
.50
Pennsylvania RR—
Ruud
15% Mar
8
—*
——20
Galland
Pitts
14% May
200
1959
—
——
Calif Art Tile class B
32%
common—®
National Power & Light.—:
Lone
Feb
Dec
'
Horn
Fort
12%
8% Sep
81/*
,<
Friday
Ins Fund
Emsco
Salt
30
12
25
510
Jun
8'A
6%
V
—
15
1st mtge 5s
3s_—
Apr
Jan
6 3A
Amer
California
10
.
.3%
12'/a
17
Sep
6
32
15.
10%
*
Accessories
Calamba
1%
Motors
115'.
Nov
10
Alaska Juneau Gold Min Co
for Week
128'% 129%
*
Battery
262
Feb
Par
Oct
2
«
common
preferred
Electric Storage
14'A
:,5%:
5%
1
Byron Jackson Co—...
High
11 Va
,
129%
50
10
.
Jan
18
14
,
Steel
Aircraft
Sales
Range
of Prices
Low
.100
Chrysler Corp
Apr
5Ve
4%
^
Dec
76% Nov
compiled from official sales lists
Sale Price
*
6 Va
Dec
5
■
Philadelphia Stock Exchange
100
Dec
5
10
Bank of California N A.—___—L——80
Tel
4%
100
23
y'v'AA
Assoc.
&
Feb
65
5
63A
Min Corp
—1
Anglo Calif National Bank————20
Tel
12 V*
San Francisco Stock
Anglo
American
Dec
9%
——5
common
Dec.
Jan
6%
American Stores—
9
6%
common
•fir 0°'
55'A
a77%
STOCKS—
50
9'/a
common
Fuller
Jan
Oct
6%
11
f
99%
;
Jan
9
13%
.
*
common
Nov
22 V*
a77%
Dec.
Feb
May
Dec
18 Va
34%
Jan
5
to
Apr
32
26
.1
com.
Bonds—-
Scullin
Feb
10
45% May
190
46%
Baer &
St L Pub Serv
36 3A July
Vt Mar
16'/a
Westinghouse Elec & Manufacturing_50
Willys-Overland Motors Inc—
1
Dec. 5
6
12%
—
__
STOCKS—
Warner Bros Pictures Inc
4% Dec
___®
common
class A
common—
Alum
Wagner
100
Pub Serv
Sterling
5%
(Del)
Corp
Scullin
Oct
Dec
5
39%
—10
Jan
43%
Dry Goods
Louis
Dec
77
Co—
Rice-Stix
5
'
U
Dec
8
515
37%' !»7%
,
25
com
common
Apr
6% Mar
185
22
■
Nov
6%.July
230
„
4%
8
—
Metals common——®
Candy
Sep
506
a39%
-5
.
12 3A Sep
12%
144
a21%
-5
Transport——.
Corp..;
<
15%
25
—100
44
5
10
Co.
13
101
'
4%
20
Preferred
5%
Union Carbide & Carbon Corp___
United
3%
44 %
25
.
9
Dec
Sep
7% Mar
95
28
5
—"
Cement
National Bearing
17% Mar
5
—_____1
Texas
Water
195
3%
25
;
Jersey)
Inc—
Swift
Tide
50
61'A
—15
Inc
Oil
Standard
60%
a59Va
9%
a
__
& Sply common
Portland
National
Seaboard
*
_.±
Mar
6
Feb
15
,4%
27%
9
common——
8
12
300
7
*
common
Dec
12%
33%
.
'
Radio Corporation of Americd-
—„1
McQuay-Norris common
8% Mar
250
10'A
Oct
17%
Jun
.
10
a21%
'
Jan
14
5
27%
;
17
7
common.
common.
Dec
7'A May
101
4%
common
July
14
125
.
101
1
common
Monarch
101
28
6
*
6Va
12'A
..
100
common
Snoe
14
.
198
.
14%
6
*
2
May
14% Mar
175
al6% al6%
—
a21%
50
5
common—..
Jun
Knapp
Packard
Brew
Electric preferred
Falstaff Brew common.
;
13%
~
Range Since January X
High
Low
Shares
29%
29
14
__
10
Pepper common—
9%
11
1
preferred
Emerson
•
_®
Line
29%
—_—*
common.
Air
Sou
&
25'A Mar
1,105
,of Prices
L,ow
High
Par
Mfg
Sales
for Week
Range
Sale Price
common.!
Shoe
Brown
Burkart
Oct
37%
•
11%
10
•«.—
®
—
STOCKS—
Nov
a34Vt
Co—
Corp——;
Co
International
New
Nov
*
Nickel
Loew's
*
Va
Exchange
inclusive, compiled from official sales lists
Last
Elec
Co.
&
1923
Oct
626 Va a26 Va
—
—
——1
53
a8%
■
•
Jan
1%
a
—
5
(Del)
3%
8%
1%
*
Corp———
a3
a3'/a
10
—*
Corp
Sep
8 Va May
50
38%
Oct
Jan
31
190
54%
Oct
Oct
28 'A
Nov
2%
25
a26Va a26Vs
41%
130 Va
May
Apr
2'/a
100
a34 Va a34Va
®
36%
200
5
Southern
&
Oil
2%
*
—
—
Co___
Solvents
2%
3
al2
Company
Gas
24
3
——5
Corp
Commercial
3
——5
Tractor
103
180
al8% al8%
(The)—-—
(The) (Del)
Bethlehem Steel Corp.—
787
a
Refining Co
Bendix Aviation Corp
130
25 Va
a27/8
a
Atchison, Topeka & Santa Fe Ry—100
Aviation Corp
31 Va
128% 129%
a433A
100
Copper Milling Co
Columbia
Range Since January I
a24 Va
a36 Va
^
Smelting & Ref Co—_
Anaconda
Atlantic
Shares
High
Stocks—
American
Armour
for Week
of Prices
Par
Unlisted
Sales
Apr
13
Apr
T1
26%
Jan
Nov
11% May
8%
16
Jan
Feb
100'
3'A May
5Va
Feb
16%
432
;
IOV2 Mar
16%
Dec
14 Va
1,715
v
103
31V*
10
90 i
12% Aug
100'A
Feb
25% Mar
17Va
103
3l'A
Jan
Dec
Dec
2121
CHRONICLE
THE COMMERCIAL & FINANCIAL
Number 4133
Volume 156
OTHER STOCK EXCHANGES
Friday
/
'
•'
'A
l
Pacific Co
Southern
Standard Oil
14%
14%
15'A
1,465
—*
2 7'A
26%
27'A
2,143
70c
70c
9
9
Co,of California-
*
Oil common—10
Water Associated
Oil
Union
Union
Sugar
Consolidated
■
255
/
I
.•
[
•
Anaconda
24
Apr
Oct
115
2
5%
a
3%
•
.
1.65
American
capital..
-*
Aviation...—...—1
Dec
North
American
Co
2.90
104'%
1.50
42
1
al6%
16%
a21%
22 V8
*
25%
25%
4%
common.——
Nov
Dec
Pullman
188
23'A May
•/.28%
Jan
Radio
400
Jun
Republic Steel Corp common.—
Nov
Shasta Water Co common.——.—.—*
Pennsylvania RR
Inc capital
5 4'A
50C
523A~Oct
Jan
29 Va
Calif Edison Ltd
Cal
Ed
4%
July
Jan
So
Oct
Standard
Brands
Standard
Oil
54 %
Dec
58 'A
30c
100
So
35V4
2% May
31
155
34%
Feb
Oct
85c
Nov
Studebaker
828
8'A
Apr
11%
Jan
United
3
168
2% Aug
3%
Nov
United Corp
2,612
of
a2
333A
333A
100
32'/a
Oct
35%
Feb
U
15
15
611
11% Mar
16 Va
Oct
United States Steel common..
.:
Corp——
63/4
7%
*
1
170
24%
23C
233
20c
1%
5
*.
Dec
Utah-Idaho
Oct
Westates
47c
Aug
Jan
2%
Apr
Co
Sugar
Petroleum
Preferred
CANADIAN MARKETS
5
to
Sale Price
STOCKS—
7%
Sep
Nov
Jan
•I
273A
200
23% May
273A
Dec
.•''«> i
3/4
Par
Algoma
Asbesios
Associated
Bathurst
Bell
L
T
84
July
755
16% Aug
22
Dec
65
13% Aug
10% Aug
173/4
Jan
9%
Apr
21
21%
15
15
13%
13%
14
200
142
450
124%
Aug
150 %
Jan
2,215
6%
Jan
13%
Dec
May
22%
Jan
%
Feb
v.
Feb
May
Jan
July
3%
Jan
2.10
72
6 3/4
Dec
55%
443/4
200
1.75
Jun
80c
920
434
6%
Oct
8c
•
Apr
Apr
7c
377
4c
Mar
95c
95c
95c
595
60c
Sep
1.10
Oct
I"
1
200
Feb
1%
Sep
%
Range
Sale Price
Low
common
July
47 %
Dec
Oct
3
402
80c
Apr
3%
2%
375
85c
Apr
3%
20
22
12%
500
10%
Oct
22
Oct
Dec
12%
5% Mar
396
12
21
*
——
47%
35
234
*
Ltd
High
Low
110
2%
—.100
Banks—
Range Since January 1
Shares
High
46%
2%
——
Sales
for Week
of Prices
*
...
'
Week's
Dec
avA'
•'
Dec
140
140%
•
P
&
Oct
15
Too
Co of Canada
Telephone
Nov
79%
21
*
Paper A
7%
20
Oct
32%
6c
100
B
Preferred
Zellers
High
775
8%
81
♦
common
LOW
High
51%
Dec
7c
POT
Cotton
Class
81
•
Corp
Breweries
8c
100
AA—-*
—
8%
8V4
common—
Power
Brazilian
Low
9
Steel
Prferred
Oct
Jun
24%
2,850
3A
2.20
a6
43%
Apr
4%
89
300
1 75
46
Jan
5
Mar
63
■
%
46%
2.20
3
30%
275
5%
25
1.55
463%
Jan
67/8 May
363
44
5 Va
4%
100
Listed and Unlisted
—
Wabasso
Range Since January 1
Oct
9%
%
Winnipeg Electric class A—
Shares
of Prices
Nov
16
Sep
.1
——_—
j;■
for Week
Last
Oct
41/4
13%
1
'
Sales
Week's
Friday
Nov
27%
203A
a
STOCKS-
sales lists
both inclusive, compiled from official
11
Dec.
25%
Apr
Last
Dec.
Jun
23% July
2% Feb
15
Friday
y/^flloiilreal Stock Exchange
19
160
4
5
common..
Pacific preferred—
Western
Nov
Sep
235
140
a247A
5
common—.
15%
465
5%
a43'/a
*
Warner Bros Pictures—
Oct
34
Apr
%
193
1%
7'%
May
34
23C
—...10
—„
Co—
6
122
6%
33%
Nov
15% July
150
3%
—I
—
87/8
47/a May
665
7%
a6%
———
Co
Dec
47
775
*
;.
1.50
Jan
Jun
27%
commons————I
of Del
Petroleum
Dec
Apr
12%
12%
_
'•
13%
14%
Jan
(Banque Nationale)..__100
Canadienne
129
129
129
28
115
Sep
150
Apr
100
128
128
128
78
118
Sep
152
Feb
.100
140
140
143
198
125'-
Sep
188
Jan
225
225
20
214
Oct
273%
Apr
Sep
153'%
Jan
Canadian
Bank
Bank
Montreal—_——
of
Commerce
..—100
(Bank of)
Scotia
Nova
of
388
127% 130
127%
100
Royal Bank of Canada——
116
'
British Columbia Power Corp class A_*
22%
5%
—
9
Power
29
96
20
20
Dec
12
Jan
Oct
5
Jan
91%
Sep
102
Jan
16%
160
14
Sep
20
415
Canadian
63/4
6%
9%
8%
9%
1,676
313/4
30%
31%
804
25 %
32%
65
27 %
Car & Foundry
8%
2,245
4% Mar
m
Foreign
27%
890
21% Mar
27%
Dec
27
27%
140
21% Mar
27%
Dec
16
16
25
25%
100
Converters
Canadian
27%
25%
common
Canadian
9
Investment
com
*
'
Jun
17
15
Jan
25%
Dec
920
3
Mar
4%
Nov
3
Mar
4%
Dec
5
Jun
8%
Nov
89
4
~
7%
8%
Plow
4 V8
4%
100
7%
'
'
.
_
.
Pacific Railway—
8%
4,575
8%
-
5 %
•
8%
Jan
8%
250
36%
116
323/4 Aug
39
"
Mining 8c Smelting— .—ft
Consolidated
36 %
36%
:
9
Distillers
Seagrams
common—...
Dominion Coal
Preferred
100
_
Preferred
■'
common
12%
226
A
'
7
Steel
100
——A—-A.—.—A
9
5
Mines
Apr
6
6
Dec
4
Dec
20
16
International
Paper common..
•
_
Ltd.
Steel
National
9
Corp
205
12
L
Power
Corp
common..
5%
preferred
_
_
Quebec Power
St
Lawrence
Class
St
A
A
.
...
preferred—
51%
240
51%
Dec
65
Feb
16
460
11 % Mar
16%
Dec
6
110
2
Aug
6
Dec
95
53
87
Jun
95
Dec
10
280
10
Dec
10
Dec
Aug
20%
Apr
23/4 May
'5%
Dec
6 3/8
Dec
23%
Dec
A
23%
23
24
26%
31%
34%
•
15%
15%
38%
40
24
22%
24 %
Williams
Preferred
Southern
Steel
Co
Tuckett
United
For
of
5%
Canada-
180
12
680
21%
29
1,489
14
May
Apr
24
Dec
Oct
26%
Dec
Apr
34%
Dec
8%
8%
375
6
Sep
-
100
.
Oilcloth
Dominion
Dominion
Preferred
East
Fleet
Ltd
Aircraft
12%
112
12%
112
1,333
12%
2123.
2%
60C
_*
5.00
—*
281
73/4
15
3%
3%
3%
10
v
2%
::S 3%
p.
2%
3%
V
John
St
MacLaren
1.00
15c
,
Power
pfd——.100
Mitchell, Robert Co Ltd
*
Moore
Corp Ltd
——.———-*
Noorduyn Aviation Ltd—
—*
Page-Hersey Tubes Limited
—__*
5 %
Power
pfd——100
Power 6%
pfd
Walkerville
Brewery
&
Worts
Limited—
*
preferred——.*
Apr
Dec
8% Nov
4
Jan
Aug
6
Mar
8
Feb
Apr
12%
NOV
1.75 Mar
3%
Oct
2% Mar
3%
Dec
14% Mar
20 %
Dec
7% Aug
v
1.50
13 %
Feb
Sep
50c
1.10
Nov
Nov
2V4
Dec
20c
Nov
5% May
10
Jan
11%
Sep
16
900
10%
Apr
14%
Dec
Jan
15%
Nov
5
.
5c
Sep
15%
15%
1,295
11 %
42 %
25
39%
3
3%
345
2
Mar
87
3%
87
35
87
Dec
73
May
.
Apr
45
3%
Feb
Feb
Dec
103
Jan
85
Jun
77
78
20
6%
6%
4,775
Apr
6V4
103
202
100
Jan
103%
Feb
6
6
50
2
Apr
6
Dec
1.30
1.20
1.30
740
19
19
19%
8c
18
18
10%
Apr
18
Nov
32c
Feb
66c
Dec
78
O to vU 4*"
100
$1
14%
1.50
2.00
2
1,545
.
15%
14
Apr A
42%
15%
*
100
Securities Ltd
Walker-G
151/2
14%
7
Feb
400
8'%
&
A
Apr
Mar
Dec
1.50 Mar
25%
6%
200
15c
8%
Power
Massey-Harris Co Ltd
United
"2
1.50
85c
60c
25
1,315
3%
Paper——*
& Paper Co—*
International Utilities class B__
Lake
Jan
30
11
2%
Oct
20
555
12
U
200
4%
Dec
Feb
1.30
Dec
190
18 % Mar
19%
Feb
8c
3,400
7%c July
16 %C
18
150
1.05
Jan
Feb
Mines—
Jan
Eldorado
Jan
Francoeur Gold
Jan
Lake
Jan
Macassa
Ltd—
Gold
—*
Mines Ltd.
Mines
Mines
Mines
1.00
Ltd—
Mines
Ltd.
Hudson Bay Mines
Shore
—.—*
Ltd
Mines
.
60c
60c
75
*
20c
20c
1,500
;15c
1
Ltd
1
Ltd
1%0
—1
Feb
10%
Jun
Malartic
Mar
63%
Jun
70
Jun
O'Brien
147
Feb
152
Oct
Ontario
Dec
Pamour
Goldfields
Gold
Mines
.
Ltd
500
Jan
Oct
19c
c
6.60
41c
Nov
3%C
Jan.
Dec
19C
Dec
Oct
11%
--
Jan
1-53
9 00
9.00
100
?. 05
2.10
70O
1.42
Oct
2.80
Jan
1.53
1.58
400
1.00
Oct
2.22
Jan
65c
65C
Dec
*
300
55C
July
51 %c
50c 51 %c
800
36c
Oct
75c
12c
*
Nickel
Porcupine Mines Ltd
3,000
19c
Jan
65c
9.00
McKenzie Red Lake Gold Mines——1.00
Nov
1%C
%
19c
..1.00
Ltd
1.09
9
4%
50
2
2
65
Feb
1.50
1.50
Apr
1.50 Mar
48
73/4
.
1.65
35C
106
2
58
3
50c
233/4
400
50.
50
Jan
1.90
100
178
A
92
3%
3>/4
Jan
.
5c
2,817
50c
__
120
3%
Feb
June
r
60c /
1.50
Co—1*
10%
*
7 V2
23%
__
66
__
Sep
2%
59%
152
5%
2%
10%
152
11a;
5%
66
22
Nov
5%
59%
.
6V2
540
Feb
13%
53/4 Mar
20
Kirkland
115
Dec
80
6
;
1.10
Joliet-Quebec
Apr
2%
11%
Dec
Sep
Mar
Feb
1.10
Jan
7
July
9
5c
11 Va
16%
110
Apr
Sep
Nov
3% July
27
19 v2
43
10
•V 2%
13%
90c
Feb
11%
Jun
105
Dec
Jan
19%
Dome
16%
Apr
8
*
Aldermac Copper Corp
24 %
12% Mar
45c
/ 21
6
2%
20
Ford Motor of Canada Ltd
Nov
194
Dec
Jan
161 %
20
Companies Voting Trust
*
Hydro-Electric Securities Corp
— *
International Paints (Can)'Ltd cl A—*
Aug
31
Oct
Aug
25
.
•
common
Fraser
13%
2
Jan
73/4
155
300
——
1063/4
15%
10%
2%
Aircraft Limited—
Fairchild
Nov
Oct
23%
2%
Kootenay Power 7% pfd—
100
Dairies Ltd 7% preferred—100
Nov
8%
3%
23
p.'w'-
Eastern
Apr
1.00 Aug
3%
10%
175
Apr
31
127%
25
\
'
161
500
Paper Co Ltd.
Donnacona
11
110
90c
Oct
6% Mar
8
12%
5C
———
54
845
19
/
5C
Linoleum
&
103
12
12%
„v:
3%
Square Corp—-—
Woollens
common———*
Dominion
5
1.45
161V2 161%
90c
;'
Frere, Limitee class B
&
50
16
■
Cub Aircraft
David
391
31
16%
70
-
1
A——,——5
Div Sec preferred-—2.50
Paper Corp Ltd
*
Corp Ltd
—*
13
12
—
11
Jan
Dec
:
1.45
1.00 Aug
25%
—
57
1.35
—
—
Preferred
13
105% 105%
-
Alcohols Ltd
Commercial
57
•
V
1.35
5%
148
Ltd—*
Advert.
General
Neon
Southern Canada
8)4
50
Claude
Dec
48
•
__
pfd——15
5%
Corp'of Can 6%/1st
Provincial'"Transport Co
July
Ltd—*
Ltd common.
Dec
Oct
'
153
119
Jan
Mar
^
75
Feb
3
H A.
7%
17%
36
47
290
73/4
8%
5
850
24%
°6
Jan
28
52
Jan
Apr
9
8%
Sep
4
May
1.30
Sep
200
Feb
85
27
Oct
115
37
Dec
8%
11 %
Dec
Nov
75
1.25
10
115
July
32
27
35%
10
13
25
40
1.30
305
160
505
78
*
1,390
55
•
.
Oct
277
100
preferred
page
13
5
Jan
17%
36%
75%
common—*
9
common
see
Mar
5%
2ft
footnotes
20
Dec
20%
16%
363/4
17%
*
9
Power
.
Corp..
5%
1,363
5%
47
9
9
115
835
5%
112
Canada
Tobacco
Steel
1
100
_
Canada
of
Preferred
—
115
9
Shawinigan Water & Power
'
Feb
38%
common
.
Jan
Apr
16
26
—
»
Corp
preferred.
Lawrence Paper
Sherwin
_
Jan
Apr
29
6
23
9
,V~7. T'
_
preferred...
12
36
6%
10
791
Dec
13
9
:
Power
Saguenay
Dec
9%
13
9
Ltd common
Price Bros & Co
Apr
12
2%
„
..
of Canada
Jan
15%
9
Ltd
Penmans
12 %
430
100
Power
&
H
Nov
Jun
2,975
34%
Ogilvie Flour Mills common
Ontario Steel Products preferred.. .100
Ottawa
Jan
10%
93/a
300
9%
9
Weaving—„—
Noranda Mines Ltd
28
73/4 Mar
30
11
33%
9
Wire
Niagara
22
May
'
Apr
640
2,323
"1,302
102
'
Jan
11%
Nov
Co——
Products
Food
Jan
10 5/8
Dec
97%
Preferred
Catelli
14
26%
Jan
17%
5
*
—100
Vickers
17%
Apr
99
—-J.
Canadian
Mar
99
161%
Marconi
Apr
13
13%
Investments
Dec
118
115
73
Ltd., class B__—*
10%
26
_
Candn.
Jan
Jan
30
preferred
Canadian
Nov
9%
9%
1,060
100
Light & Power Company—100
7 'Ic
Dec
110%
105% Mar
118
Corp
Canadian Industries,
Sep
6
'
General
Canadian
12
17%
..alii—
Preferred
Dec
pfd„„100
6%
Canadian Breweries Ltd
Jan
12
17%
Sugar Co
Power
109
17
17
—*
7% pfd_100
Canada Starch Co Ltd common-.—100
Oct
5%
•
Dominion
&
Jan
Sep
17
...
Malting Co Ltd.—__—
Northern
5.80
20%
•
Canada
Canada
Can
150
8
Co Ltd
Power
Consolidated
6
—
Calgary
7
*
•
Ltd
Mar
Nov
80
700
118
High
75c
May
3%
130
9%
9%
9%
preferred—100
1%
12
110% 110%
110%
100
Corp.
Oil Co
Consolidated
245
125
12
A————A.-;.*
Packers Ltd..
Dec
A:
329
American
Dec
8
100 102 %
Columbia
53/a
11%
common...*
101
Belding-Corticelli
4%
:
215
British
Feb
24
common.
Car
Dec
4%
British
Apr
4%
'
Tramways
Breweries
94
Aug
Dec
20
23%"
_25
Mortgage—
Montreal
7%
Apr
4%
Power
2%
6
20
*•
*
Light Heat & Power Cons
National
84
5»%
9
common
Oil
&
5
Dec
10
95
9
Loan
1,895
80
95
-''L—-'AA1,
•
9
.
Montreal
63
43'4
50c
836
preferred
1st
2%
15%
15 3/4
9
Massey-Harris
Mont
Dec
6%
Low
65c
Beatty Bros Ltd class
Beauharnois
Range Since January 1
High
60c
Paper common
Ltd.
Aluminium
590
51%
♦
Ltd
common
Lake of the Woods Milling
Jan
8
Low
60c
preferred
6 Vo
450
9%
100
McColl-Frontenac
Dec
16
Feb
Apr
Shares
*
——100
&
Power
4%
11
100
Public Ser
20
July
5
Abitibi
4%
32 '
—
32
ift
....
Preferred
Jamaica
Ai
♦
com
Preferred
Power
94
Oct
12
102
7%
15
31
79
for Week
Par
4%
11%
9
Nickel
International
50
1,095
10%
'
12
Corp
common
of Canada
International
Co
Jan
200
7%
11%
10%
11%
Imperial Tobacco of Canada common_5
Petroleum
Nov
July
534
26
26%
9
International
89 %
Aug
Dec
3
•
11%
___
...
Bronze
3 %
6
;
2% May
8
9
common
Acceptance
85
Feb
'
4%
Ltd
International
110
89
3%
-
STOCKS—
4%
V'i-V
'A
9
Industrial
1,455
6
75
92
9
Oil
Jan
495
7
-
Bridge
Bay Mining
Dec
4
79
7%
Gypsum, Lime & Alabastine
Imperial
9 Va
4%
'
Hudson
118/
152% May
Jan
5
7
•
79
common
Gold
Jan
6%
20
A—A,:
9
preferred
Howard Smith Paper
Mar
•>.150
Jan
15 3/4
9
Corp.—
Gatineau Power common
Hollinger
112
10
925
8%:
15%
4%
"■
A
_
9
Hamilton
July
Dec
Mar
4
i
"
—
Foundation Co of Canada
...
10
Jan
5
4%
1
—
Preferred
Oct
10
118
152
•
—:
Corp
Wares
12
89
89
9
General
24
5%
5%
Too
English Electric class B
Famous Players Canadian
5%
27%
20 %
Dec
'
*
...
Dr.vden Paper
21% Mar
7%
8
*
Elecirolux
375
232
152
2ft
& Chemical
_
27%
23%
118
'—AAA "" '
•
100
—
Tar
'
2ft '•V
preferred
Dominion Steel & Coal B
Dominion
27%
23%
—
...
Glass common
Dominion
A-
■
9
Dominion Bridge
Mar
15 3/4
261
4
4
class A__*
Industrial Alcohol
Class B
Dec
27% '
«
Celanese
8%
7%
27%
25
preferred
participating
Range
of Prices
Dec
8%
common.
Sales
Week's
Last
>ale Price
Dec
33
May
both inclusive, compiled from official sales lists
Dec. 11
Friday
Dec
31%
Apr
32
9
to
Nov
9%
Apr
5% Mar
Montreal Curb Market
5
Dec.
Dec
7%
4
*
_
Bronze common
Cockshutt
33/4
Jan
7
Corp
preferred
Canadian
Canadian
330
95
9
Steamship common
Canadian
4%
5% May
Jan
Mar
50
Northern
Canada
Canadian
5
20
_
Canada
7 7c
11%
135
5%
ilu*
'■■■
Canada Forgings class A
5 %
4%
'
Preferred
590
10%
4%
-
m
Canada Cement common
4%
14
5%
'
'
0
ft. 00
—
100
13%
10%
Bruck Silk Mills.
Building Products class A.
Bulolo Gold Dredging
18
60
22%
;
r
93/4
3%
Corp common.——5
10
S
101/4
6%
1.15
-V
193/a
5%
J—.———25
N
Jan
38
16
14
a9%
Inc——.—*
Corp
Aircraft
Oct
133A
May
19
5%
....25
common.
25
Curtiss-Wright Corp———
13 %
a
5%%. preferred—.——25
9%
3A
4'/a
—*
;«
Corp of America
Socony-Vacuum Oil capital.!.——.—.15
30
234
45c
1.65
,1.15 Mar
328
1.65
7% May
10
6
29%
4
Jan
504
a42
129 %
Jan
Dec
2.60
121/4
25
9%
1.15
Apr
3
33%
1,40 May
155
—50
Pictures
Apr
Nov
10c
923
93A
93%
Apr
24%
595
mi
Jan
Mar
24
May
5c
469
,
common———10
33/4
9%
a
20
100
Paramount
Nov
33%
93A
common......__10
Cement
Port
May
341/2
9%
6%
93A
40
7,200
1.75
10 Va
25% July.
190
7c
1.70
Central RR
York
24
54'A
47C
2%
common
Share
New
North
24%:
a23A
1
.»
Sullivan—
&
Dec
1.70
1.75
2,300
28%
33%
—...•
——5c
City Copper...
3
6c
1
Jan
Apr
33/4
477
29%
33A
Consolidated Edison Co of N Y_—•
Bond
—
10
-
,-V
2.90
a2734
228
128% 1293/4
a24 %
1.65
235
5%
29V2
*
common——.
Inc., capital—_
Oil
Cons
M
&
M
Pacific
i
Dominguez Oil Co
Dumbarton Bridge
Navigation Co..—
&
Mountain
Jan
:■
•
common.
31
Feb
53
Consolidated
270
May
J
Corp
Copper
Montgomery Ward & Co.
10% Mar
6% May
160
Co
Matson
M
6
2%
8c
Oct
Jan
24
443/8
Hill
8%
3%
205
5
a27/8
Steel
Kennecott
Jun
10
——•
Del
International Tel & Tel common—
Preferred
Chesapeake & Ohio RR———_
Elec
23
Oct
Apr
Mar
6
1.95
240
a43%
of
Service
Cities
.■}
3-
255
3
Aviation' Corp————_5
& Co.,
Bunker
Nov
363/4
100
& Santa Fe——„—^.100
Corp
Bethlehem
Biair
6 3/4
Dec
10
Copper Mining
Atchison Top
Bendix
Jan
28
Anglo Nat Corp class A common—.—*
Argonaut Mining - Co—■.
—5
Armour &Co (111)' common.-———5
Aviation
2%
27%
10
Corp„14
^.—50
American Viscose
310
622
2.90-2.90
———-^-100
Tel & Tel
American
5%
27%
28
1——-50
ser
St Sntry—_
&
Rad
Co
Nov
5%
273%
Oct
15%
17
Jan
10
10"
preferred—10
Cem
Port
Unlisted—
Am
Cab
Checker
Yellow
•Yosemite
30%
*
*
—*
123/4
200
7%
7%
7 'A
;
Jan
57/a
Mary Mines Corp.
International Nickel of Canada——
Jan
3
-1
Aug
4
1
May
Bank & U Tn——i——-100
Dept Stores 7% preferred—25
75c
Oct
Battery Co B_———i——*
Idaho
4
'i
:V
Feb
Aug
30c
10
Hobbs
Feb
10
400
7%
73/a
2% Mar
50
Nov
1,631
15
4%
25c
i
Oct
30%
Apr
10 3/4
4,993
•'
3A
a25c
High
Low
22%
815
29%
72c
5%
7%
s4
20
Co
Sugar
28%
•
—„
Jun
14%
15-
Co
Range Since January 1
High
Feb
5%
Wells Fargo
Western
Hawaiian
Oct
Low
Par
■■■■
Shares
8
14%-
common—.^2—1
Equipment Co
Victor
Vultee Aircraft
28 V4
18% Mar
Electric
General
Nov
of Prices
60c
20
315
%
5
Oil————-10
Universal
18%
Jun
14%
of; California—.—
Co
/ ■' .".
High
'
L——2
.25
common—i———-25
Corp——:
Transamerica
10 %
r—1*
—.
Thomas Allec Corp class A
Tide
Low
Sales
for Week
Range
Sale Price
STOCKS—
Range Since January 1
Shares
Hiofi
Low
PaT
'•
Last
for Week
of Prices
Sale Price
STOCKS—
'
Range
Week's
Friday
Sales
Week's
Last
12c 13 %c
18,700
12c
Dec
13%c
Dec
55c
300
32c
55c
May
"
—
52c
Oct
Feb
THE COMMERCIAL & FINANCIAL CHRONICLE
2122
CANADIAN
MARKETS
-
Monday, December 14,: 1942
Listed and Unlisted
-
'
7
V
STOCKS—
Sale Price
Sales
Week's
Friday
Week's
Friday
Sales
'
Mines—(Continued)
Pato
"
Par,
,
Cadallic Gold Mines Ltd__1.00
Pandora
Mines of B C
Gold
Pioneer
l'Ac
>,
—z——1.00
Mines Ltd—
Consolidated
Commonwealth
Dalhousie Oil
Oil
Home
Petroleum
Ltd
Pacalta
Oil
1.00
Oct
2.05
Jan
52c
200
41c
Dec
Gunnar
May
60c
Aug
87c
Jan
Gypsum
25c
Oct
49c
Jan
Halliwell Gold Mines.—:
26c
1,500
15c
Oct
31c
Jan
Hamilton
60c
200
38c
Oct
65c
Jan
Harding
1.16
100
1.12
1.65
1.70
250
1%C
2c
15,000
44c
300
40e
19c
2,000
25c
25c
1,000
2.40
—
2.45
550
-
44c
,■
19c
.
5
to
19c
.
,:Z"/_;
&
Power
Alberta
&
_Z;
Preferred
2.20
Jan
Ha.sag a
Oct
4c
Jan
Hedley Mascot Gold——
July
44c
Dec
18Vic Jun
19c
25c
■
Honey
Gold
Jan
6'Ac
Apr
Hudson
4Vic
Dec
4Vic
Dec
Huron
25
16%
Aug
21
Dec
Exchange
Range
f
60c
-.
Shares
4%
Low.
60c
60c
75c
595
3'A
Nov
7
Jan
13c
500
9c
Aug
14c
Dec
1.50
1.50
200
„z..
—100
•—
—
\'f .///:
'
40
100
...
42%
8c
Corp—Z
:
v.
8c
Anglo-Canadian Oil
—z_z/.. /—*/;• 42 Vic
Anglo Huronian Ltd
X7 2.50
Ashley
Copper
:■8c
Gold
Mining
—1
42c
45c
Sep
May
21'A
l.'SO
Apr
75c
280
42 %
3c
1.20
—
Bank
Montreal-
of
Bank
of
Base Metals
Bathurst
Bear
100
Scotia
Nova
Mining Corp Ltd—zi—;zz.*J
Pow
&
Paper class
Exploration
&
A
Radium
Beatty Bros class A
1st preferred
Telephone of Canada
"'
Bidgood
Gold
Bonetal
Bralorne
British
8Vic
8%c
9c
2,300
10c
7'Ac
8'Ac
3,500
__
25
;f
6%c
Gold
Buffalo
Canadian
Gold
7%c
6.75
A
;
12%
13'A
1,628
5'A
5'A
10O
-iA
A—*
17
17
17%
z„„_*
22 'A
1.40
Calmont
Ltd
Oil
Canada
Malting
•
Ltd
Co
7
Canada
Steamship
Preferred
Canada
Wire
&
Cable
class
Apr
2.80
3%c
Class
626
class
Canadian
Dredge & Dock—•__
128 'A
Ltd
Co
Oil
129
10'A
•
7%
27%
':A
27
Pacific
Canadian
Wallpaper
class
B
7%;
——1.
,
•
•
Mines
Cochenour
Plow
Gold
'
Co
Cominoil
*
Coniaurum
Petroleum
Mines
/ / 8
May
8 V'«
Q
70c
,
71c
4,500
7,550
■»
2.50
65c
Bakeries
Consolidated
/A
*
Smelting—
Z13c
Sep
20c
18c
July
;ZZ 27c
65c
65c,
1,600
43c
Oct
92c
Jan
.10%
—_A.———Ai_*10
A
A5
9%
36%
'100
116
'
A
:
21
.
A 9 % Aug
"•7/
21
17%
17%
665
Dominion Bank
100
Foundries
&
Steel
Preferred
&
Crest
Eastern
;
Chem
Ltd
Eldorado
Gold
class
Federal
Fleet
Kirkland
Steel
God's Lake
Wares
Gold
For
Gate
see
.—111
—1:
page
of
6'A Mar
99c
1.08
12,800
3Vi
3
3%
1,713
55c
63c
2,960
4
50
3.20
3.40
20
20
1,385
73c
2%
Oct
Feb
1
6,000
2123.
1
19%
15c
3%
_
90
20'A
878
20c
12'Ac
7 'A.
7 %
6%
7%
7'/4
11'Ac 12'Ac
9c.
1' 2%c
2Vac
9c
2.000
3%
Dec
Co
:
;
lie
300
85c
43'A
405
39
/•• j°
158
:
•
Nov
Jan vZ
1.40
May
'23%
.
140
Oct
20c
Aug
.4
Oct
85
2,928
•
Dec
5
"<•
Apr
Mar
2,580
AX'-,
78
26 %A
■
//•
Jan-
29%c Jun-
19% Mar 'A
50
;
100
'
24
•
,
Dec
Sep
-
••
4%
"•
45
178
4c
:
Jan
Apr
Jan
"/-•''
Jun ,V'?A:
26.
'
28
Jun
85c
a
.
-
Oct
34%
■1 •'•
Jun
'
July:
5c
July
-
•Jun
7.'
'
24%- Oct
)
"A500
85c
•c 38%
7
39%
-' -3%c73V4C
-./
36
Jan
1.04
Jun
1,000
Jan
1,000
60c
14c
Oct
525
35c
Mar
■
-
Apr
Jan
25c
Jun
4c
90c
Sep
A- 80
6c
'
2'Ac Aug
1,870
/
Jan
.52'
Oct
2 'Ac
•1.340
-
Jan
>
,
'
.5' ^
!
i
75C
16C
"16c
65c
16c
A75c
90c
1
AA
••
-
:
;
Dec
90c
7'/2C
'••;
7%c
12%c 71ia4C...
4%C
A
All
•■
'••"
1.59
;
80c
1.65=
,rzRz -"
■-
'
*
53c
-
A? * '
"
■
1.48
1.48
•'
25c
l%c
16%
Oct
16
Sep
'
;;
125
135,
16%7
9,615
65
7%
•
.10
8
Apr
13 %C
*3'A
15
16
10
59%
66
49c
34c
:
•
Aug
1.15
Oct
40c
4; ?
'6
Mar
3
3%
Sep
13%
5c
12
9'A July
15
3,%
90
•
Oct
2c
6,000
66
common.
6
385
.
'
'8% July
Jun
1,877
3%
ri
Dec
Jan
•
Apr
Oct
6
■
16%
97C
;
Sep
6%
25c
10
i
Jun
'
May
1.15
75c
.
57c
:?•
1
59
1.00 A"
-
12% Mar
:•••
.
65:
16
—'———
Jan
2%c Jar'
4,500
•
•
7
Jan
19c
2,100
3c.
v.;
Nov
'
-2.05
Mar
11
26c
,
3C
Dec
%c Jun 7;, ■•V
25
77Z
38c
4C
7
Jan
9c
75
3'A
'
25c
,
A-Z-
Jan
■'
150
A-v
July
1.15 Oct
■/'••
•,-;•,•'": 15
8.
:7%
45c
July
l 'Ac
2,550
7.000
/ 67c./
3 '4
Jan,
21
1
•
Jan
155
05c
:
3.20
Sep
3,500
•
Feb
39c
A:
.:
7.
.
Jan
4%
115 7
A-A 8'
/A/
57c
-
Apr
p 15%'
.
Jan
Dec
Dec
'■
Jan
5%
8c
A 6.600
65c
3%
Oct
Jan
2.20
!
24c*
19c A
18c
Jun-;
2.35
•
•
517
l'Ac.
l'/4C
A
7
Aug
97c
,184
•■
1.66
1.65
;."• X.
18c
Oct
l,00a
2c
:.
19c
A 1.35
2,000
-
Jan
2c
?" V't
.
Apr
3
8.500
27c
25c
Nov
30c
300
1.52
26c
25c
:
Jan,
Oct J
2%
2,125
Z"
.
Jan-
85c
Oct
98c
70
4 ^/f&' v ■'
'V /
•
Dec
103%
Nov
•
1.00
11,900
'
' 54c
^
12
41c
5,500
5'/4- "5%
Jun
May
5%c
Oct
7%c
3.000
1.00- L15-.
'
10c
„
■
'
Z A 1.800
■
Jan
7l6c
Feb %
Oct- 7
31'Ac
'2,000
15%c •'
78c
'
A—z—zi—A—z—z.~.
Canada
38c
*
May
88 A
2,300
Dec
Jan
Oct
2c
70
3%
>
/Sep
5c
6%c
•
108,500
88
1.55
'
"
57,700 A
7
-
^ ,15c
20c
"500
14c
4%c<
4c
'
•
common/.z/..—-*
_t
Oct
"
•
& jPower-AA-----™'*
1
34c!
90c
-.7-
2% July" 7
400v
3%
3'%
X 50c 51:,ic
■1800
xX32civ'I;'!732c::,A!32c7'A;
500
'
25
...—
——
Miiuisz.—A———*
.•'-
zz I*,'
Nov
Dec
Nov
Jan
Nov
Dec
Dec
Jun
20
Apr
•
Jan
Mar
Jan
30
1.74
1.61
1.61""
'7'
Gold. Mines/A——-*-
v
3.60
20
Jan
Dec
Gold
Mines,} Ltd——
Tamblyn Ltd common.;./
Preferred
Tip
2'A
Sep
57
Mar
63%
Jun
5
65
-Nov
70%
Jan
44,985
r%
'/2
•
145
—-—-1
Teck-Hughes Gold Mines
Top
1
z——*
Tailors
common——
v
%
1.96
Jan
1.70
Jun
/
Jan
"1%
Jun
Dee
■
.
Nov
Toburn Gold
Dec
42'Ac
Jan
Twin City Rapid Transit common.—/*
Uchi Gold Mines..:
L————
_1
Apr
8
Dec
Union
Dec
United
Jan
United Fuel Invest
Gas
of
Canada———-*
Corporations__L—————
claiss
2,300
6%C
Oct
11'Ac
Apr
2'Ac
2'Ac
34.500
2%c
Oct
10 ''A
Oct
United Steel
2%c
2'Ac
'3,500
lc
May
4'Ac
Oct
Uppar Canada Mines
Class
;
B
;
...
—.50
A
—A—
—
,
55c
1% Mar
3
-
Jun
1,400
39c
Oct
2,000
98c
Oct-
1.98
8 V2 May
11%
10 %.
1.60
1.60
,
.
V
5%
32%"
-
65
55c
55c
6
6
1,460
268
5'%..
/
7c
2,000
6'A
875
5%
32%
210
6
32%
3%
2,935
7
5%
'.-••7c
12
1.70.
7-
7c"
50
52%
3%
.
90
675
4
77c
4
305
75c
77c
5,32?
•
Jan
65c
•
1,000
55c
1.20
10%
25
1
j'
.
52%
t—*
Lfd—
•"
Octf
*
Mines.z.jz———1
Co
1.05
600
2%
2,%'
lt18
0
3%
20%
7'A
87c
4,000
145
'
'
55c A
1.20
-A.———50
—
Oct
2ftc
-
'
5
^
14% Mar
Aug
•
2
25
150
—
Jun
May
"■''■7
300
A—z.]:—————Z
Lake. Beach
Svlvanite
2%c
9c
Jan
/ 1.04 Jan
'/■.. 3 V '• Jun
"
Apr
5
6%c
1,000
"
1.12
85c
•
1%C
Sudbury Basin Mines.)—/—A——---*
Sud Contact: —/_
1.
Sullivan Consolidated!Minesz—z——I
1 'Ac
515
9,800
Dec
-
Oct
3c
600
•
7
-1121
•
5'%
Radio
Preferred
Dec
4%
Oct
::
Gold / Mines.—
Steep Rock Iron
22%
200
Dec
7c
45'A
Oct
1
173 :i !173
'
Preferred
Standard
May
12c
'
'7
Dec
6'A
•
Z
Oct
43c
;3%C "3 VAc,*>'
—I
Straw
Dec
2c
33
5 31VA 34%
A:
,
Jan
Nov
338
1.445
Z
38%
——-.1
2,30
4
Oct
;
;
Dec
14%
Apr
2,000
''9
23
1
85c
1.08
Dec
70c
2.25 Aug
5 %
Apr
2.400
3%
A 41%
.<
34%
A
——1
Jan
Jan
15
;
'
80c :
8%
f'eb
15
Dec
Apr
2% May
2%c
Dec
"
3%
4c
2
25
Z
180
Jan
4%
■
32c
22%
22
3'A
19%
'
.1A_—1
footnotes
Steel
Dec
l'Ac Aug
——*
—•
Mining
Bros
Nov
2
660
l'Ac
'
Eagle Mines...
Qolden
Stedman
90
1,000
22%
•
:
Dec
8'A
—
..I'll*
class A;
Mines Ltd.
5%
3'Ac
10%
2,520
1.000
4%
•
A 1.10
1.12
51 %c
Mines/
Chemical
Oct
8
2%
Z
2
4*%
90c
Paving & Materials com.
%
7
6.531-
65
110
-—•* '
Mines—_|.A—zAz—z.
6
Aug
2.22
A, v
-
;
Dec
10'A
Oct
1% Mar
3% May '>.•
■
Jan
59c
•
'
Petroleum.L—_z_A.——z.
End
Jun
Mar
3.30
South
4
4
11
Gatineau Power common—
General
Standard
95c
1.00
29?
43%
36c
Apr
83
1
Mines
Goldale Mines
Standard
Apr
10
_•
Gold
Dec
170
Mar
Jan %
1.68
Oct
30c
5
64
,
—I
9'A
2c
2.85
Oct
82c
'
6
5
A 42
-
Sladen-Malartic Mines: zA/zAz./A—A 7.1.
50c
55c
:
.
107%
90
Jan
681
-
14 % 'v
?.
6 "r
76
Jan
90
■
/'..___Z_-_t,.A_—
6'A
Apr
Jan
23%
14,300
••
4 Vb
,
'9% A
A 4%. 45%
^Z-./i-.-./zZA/AAA./../-. .100
Gold
103% Mar
3
2c
Siscoe
Nov
103
25%
Sep /
1.37
4,416
8%
43
oij B C_„/A._z—1
Dairies
Preferred
21%
Dec
Jan
1.35
Oct
Nov
17 V*
17,650 7
•'7
7'A;7AA'V
6 % 71 6%AV
'A'rAA25% 25%'
i -4»4c ' 4'Ac rr'r
—_p_ZAzzA.zzaz.—1Z,
Water
Preferred
Apr
45c
Dec
'
:
Simpsons class B—zZtA-/—z—A—-
18'A, Nov
Feb
3%'
,?
-/ZA/Z
.
Mining———/_——1
Ltd—j
!_—
1
Sherritt-Gordon
Dec
191
;7
r-A A'AC'
•
i"."A
Gold
River
Silverwoods
Jun
'
Mining
of Canada
Francoeur
Sep.
5'A
*
.—.*
1
Aircraft
Ford Co
327
16%
5'A
1.00
'
Players
Fanny Farmer Candy Shops
100
8'A
135
3%c
Falconbridge Nickel Mines
Famous
20
45c
•
10% May
75
8V2
—11
i,
45c
.
55c
27%
Jan
60c
.
2,890
1.60
1:48
-
Canada—A/AzzAAzAA/A-O
Gold
Shawinigan
17'Ac Jan,
Apr
Mar
5%
'
—A__*
—
B__:
100
30c
21
5'A
90
1.1
Mines
Electric
ir.
143.
107'A 107%
Z
<■
Malartic Mines—
290,
—
———20
—
1,100
20%
71/3' "/"< 7%
com—*
Oil
20%
Aug
Nov
25c
——1
Gold Minjes Ltd—
..1
Anthony
San Antonio
34% May
5%
—-._100 '
Easy Washing Machine.
English
.
common.—.1*
Worsteds
142 /
.
:
'
*
————
&
Preferred
-—100
B——25
—
Woollens
East
A JJ;
Invest common—1
class
Stores
Preferred
Dom
143
'
;
Scottish
Dominion Tar
/■
/
com——*
40c
27%
St
Mar
23
57c
25
1:20
Mining.!
Sand
.132
1.45
55c
LtJi/AiAA/AAA/-z-A**T; ,7;vA88"'"v:i/ll''87AlA
Mines
of
Senator Rouyn,
May
1.38
42/%'*.
Minjes
Gold
Gold
Corp
■
Jan
May
9c
2,950
Power
Jun
May
727 %
2.12 ''•»
*
5% Z
Mines—•..L/.A—A./.^zl.00
39
18
5Q
11c
Feb
110'
15
AA
27%
.
8'A Dec
32% Aug
42 '
117
116
a—
AAA
50,
363
10:
36%
35%
:
Jan
,ja
:
Jan
10%
••
19.
225
3.252
7,
127'
127
130
Royal Bank of CanadaL_z.-Z—100
7
21
:
' 203Z 21"'
Royalite Oil; z.A/~Z—fZ/zAA-A/./ZZZ/z*//:
Russell Industries,/^ preferred-—AA/Z. 100
A/a;,/Zz:-A'';7:150/:-' 150
Feb
—
5'A
■
83c
>
Jan
8c
•
'
Jan
4.15
7
Oct
38c
2.650
■
12
60 %c
6 V2 Mar
18%
.100
L—A
Reeves-Macdonald
Jun
500
38?,
■'
382
57c
•
•
%
Oct
-Oct
3c
2.00
Power/AZstiA/*-'"-., 23%
Queenston Gold MinesL
Sep
2,500.
/
15c
Distillers Corp—Seagrams common——* —A/
;
Dome Mines
——»
•
17%
Dominion
2.95
74c
20c
8% A
30%
l-
Jan
Oct
2.80
700
20'A
9%
7
.
America.—A-/——1
Preston East Dome Mines—
——.1'
Jan
July
6.35
700
9%"
9 'A
-
Pressed Metals of
Jan A
20c
*
(Toronto)
Dominion Steel
1.30
1.50
.
6c
■Zs 3%'.
_L_„——=—/•
Ltd
Premier; Gold
Jan
10'Ac
Oct
Oils
Pioneer
Nov
/A//Z. 8
■/ ";/ 15c
Imperial Mills—•
Dominion
1.30
44c
8%
10
/
/
Oct
575
•
3.60
•
Dec
r
Nickel
Pickle-Crow
.
Oct
Sep
Dec
20c
Pass Coal-—aaIOO
vV■'—/
30%
Davies Petroleum ' —.A.——_A—*./;'- "10'Ac
Delnite
Mines:
40c
——A—,11 A;'
•
;
Feb
3%
9.50
3.25
.
Paymaster Cons Mines Ltd——.—--H
Jan
123
4'Ac
6,100,
Gold
Perron Gold
'
Crow's Nest
Dominion
46c
Nov
36c
11a .V
2.50
62c
Oct
45c
2,500
7c
51c 52'Ac
A-
8 VL>
y
---A..-'* /'
Ltd..
Consolidated
Consumers Gas
Jun
10
•.
Aug
' / .15c
'
—
Commonwealth
3,250
5
-
3
20c
200 r
July
If
v A:'.-/"•65c
Paniour Porcupine Mines Ltd..
55c - V
Partanen Malartic Gofd Mines///—.1A /.* "/•'•'//'•"A" 'T"'%c -*''1 %C A
Nov
105
.7
;59c
20
3%
..IIZIIII5,:
Page Hersey Tubes
Dec
4'A
15
62c
Mines.—1
15%
1,900
6'Ac
51c
Smelt-——aI—* /'.; A
&
Willans
Apr
July
Oct
'•1,11
AiA---'~/Z./.AAA/AAiAAAAA* :
-Mines—* .——-//—Z/.l
CorpAAfuAAiZ/z/AAAA/Af A
Oils
Pacalta
Novrx
9'A
3
31c
14% > •'.AA14'
Mines—i-/A--——____„l
Gold
Ontario
Dec
27%
105
1,300.
1.50
A_'A/A_C-_'/——-/i/_—1 Z
Corp Ltd
* .
Canada
Minjes
—
*
Omega
Dec.
110
.
•X-
6'Ac
■
8'A
42c
55c
55c
-
Mining
Okalta
'
27%
Jan
1.37 '
Mines
O'Brien
Jan
Mar
62c
2.04
■'<
"'!/; Preferred '■_/_._—__ii/A/-A_lAA_AV-A5
Dec
.22
Oct
Nov
4.65
•
Jan
10'A
40c
*// 7%
—
Chesterville Larder Lake Gold Mines—1
30%
22;.
31c
18 Va
Star1 Oil' commonlAliaUA-A-Az
/North
Apr
21% Mar
;.
Norgold
Normetal
Feb
140
1,500
/•
*
Cprpz
8'A
"
.
'
_/!/'— __J.//ZZ.J/— A„T//_Tx
Oil
Nordon
Northern
Feb
Dec
Apr
3%
n
-
Oct
40c
Q
1
Oct
8
Sep
A 4% Mar
430
.
/.
/
100
110,
*
Mines
Central Porcupine Mines—.
5:
154
Z 24%
■
16
20
Z,
4
Sep
•
Feb ;
48c
779
Noranda Mines
Jan
66
3%
A
-;A
.
Ry_———i-25
Gold
Pat
/
15%
3%
15
27'A Z:
15
Yij,- A--
Feb
25c
Oct
■
Dec
67
Feb
Oct
Oct
8.75
Mines..—1
Car
2'Ac Mar
17%c
»
_A/A—p
Steel
Vac "Sep
;V
29%c Jan
,
1,300
1%.
Nipissing Mines
Dec
25'A
640
730
9%
32
A
;/'v
8 'A
27'A
.
••
A_z—*
-
/
:.:e 205
:A 46
20
10
Feb
115
.178
28
19%
Dec
14
100
27
X/;
126 7
National
Oct
2.300
75'Ac
6..AAi,A---—-20
—A—^ - /Ai
Petroleum
Mar
20c
20%
common.'.//
Preferred
Nat
Feb
48'A
;
205
.,
Jan
;
Nov
15c
'7
6%
57C'
Wooers conimon
National
Dec
5
Jan
16-
Sep
8c
3,746
'
/„_A..'.-//A_A'A.
A
36'A
' %
5c
2.85
A/
Light Heat
Corp
Class
Jan
48^4 Aug
ia z
/•:;//
300
/—/*.•.%.
com
5'A
Moore
Jan
37%
Sep
Montreal
Apr
-
Jan,
100
Porcupine Minesl-.A/A-A—/-/l
Dec
87
A
25 »A Mar
:x/7 85
;
/
A A- f. v-,125-A 125 A >:
>
preferred—i.A_———100
Canadian
Cosmos
127
.7
:mZU!z:zX
_/———._A_'/
Malartic Gold Mines.-—-yrpPA-
Cockshutt
57
66
•7
common..z—zX~—a
Alcohol
Chromium
•
18%
65
—-
20
A
Celanese
Central
57
18%
■
.
A
Nov
110'A
1,504
* A.
;
Canadian
B
2Q
126
32
Zzz-X—X.,/:
Canadian
74% May
9%
pi'/.-.
Preferred:«.r,—A 27%
■Class
122
32
170
'.if 27/
Canners
/Canadian
435
8%
100
common
B
Indus
y.:/Z;
80
30'A
Canadian Car & Foundry common-A-*
Can
'
Jan
99
11 'A Mar
•
Nov
12,485
"
9'%'
Canada—I—AAA—//*
of
Jun
May
9%
•
-
Oct
29'A
200
Jan
31c
•
8'A
:
Powe{r.'_AA/i//'_A-AA.* .*:
Light <fe
Corp
Moneta
Nov
21c
Oct
Mexican
Mining
May
8%
Apr
3%
Apr
1.20
/ :;/
Aug
lie
<171/
37'
78%
-A
850
43/0
36'A
•z
/;„ 7'A May
5,00Q
.
21c
14
Sep
80c
32
Preferred
Canadian
20c
11.'A
953
8'A
1.15
4%
•
0
z
preferred
Breweries
8,
9'A
Canadian Bank of Commerce—zzlOOv
Canadian
1
719
>
/
;
Aug
86
.
553
2c
'/ARC'-
Mines..A—x-1 A
Mercury Mills Ltd common
Feb
29
11
673
.
13c
Mmqs.Ail;—„AA—AA_* /A.
Gold
5
Oct-
4.40
8.75 '
Mines.—————I
Graham
McWatters
Jan
7c
Mar
A_/z_—% .:77-/-,7
,
Bakeries
61c
Oct
3,000
A '7
14
_*
-
Oct
lc
3c
50
common
—
B
Canadian
/
July
91c
37
Mortgage--A^_100>. /
Canada Permanent
A
9
20%c
23,150
1.40
■
McVittie
Dec
zr'A
•
9
•
A 40c
%',A
kines—/.—A.--1
Lake
Red
Gold
185
15c
"
Dec
1,425
1.35
McKenzie
McLellan
Jan
16%
22%
4c
1.10
79
:
18
Jun
May
3,400,
,
4 %
*
Mar
12%
18
2,000
.20c
•
-
Packers
Canada
Class
__1
1
13
20
-v
5c
/_.%*: 77' 1.10
——
Cement common//
Nov
»
3,25
1
—
1
*
McColl Frontenac Oil common
Dec
5'A
23
13
Canada
13'A
38c
2 %C
Calgary & Edmonton Corp Ltd
Jan
4% Mar
6'A
:
A,
common—-v-AAA_* •>r
Preferred
■':•' 12c
••
Nov
12%
-
Sep
A 48c
48d-.
McDougall-Segur Exploration a.'.-AAAAA-*
Mclntyre Porcupine Mines./ifc.-A/s./_..5>; Z
Dec
22
•-•
v.
Jan
24
37c
Building Products Ltd
z
Z7:x-Z r
Burlington Steel Z—8'A.¬
-
Jan
9.30
Oct
4'Ac
,
5c
*
32'Ac
25
22%.
1.A/:/• 37c 7
Mines—
Oct
7 %
39c
Milling common——v.——*
Preferred .A./.——-AAA—-A',
A
Feb
4.15'
• ".
Fields.!
Gold
-
Jan
8'A
Leaf
Massey-Harris
Jun
20 'A May
•:
1,145
16%
22%
22%/
12 %c
5c
10
.
Mar
4.40
530
;
24
—
12%/
6c
15,000
6.90
24
4'Ac Mar
Maple
'■
55
204
.
9'A-Jun*
>
3,300
32%
12c
4.35
*
—
Gold
Lake
Red
Malartic
Jan
* :.
Mines—Zz—•/*-■//
Ankerite
Madsen
/,.•
Oct•
7%'Mar ;*<■, v10%
^
-
355
100
90
15c
./7
Ltd—L-——A-_—.1
Mfties,
31%
.
1
Lac Gold JMines Ltd
class A—
Z
2,462
:
•
9
2c
MacLeod-Cockshutt Gold Mines.——1
Oct
16%
class
Macassa
Dec
Jan
Porcupine Mines, Ltd—
Buffalo
12
Aug
Ltd.——
B.
•■•".
•15%. 15%
13C.
———_1
Groceterias
Class
Dec
110'A
^A_—/
Corp
6%
Loblaw
14%; Feb
150'A
<
Oil—
Dominion
Oil
210
Oct
Feb
Columbia Packers-—
Columbia
Broulan
2'Ac
Aug
_5
British
Brown
12
7/10'A Sep
102
—
British
British
130
17,100
110'A 110'A
—.,1,7 :Xz/':
preferred
Oil
9%c
14
9'Ac
Aug
123
„1
Power
'"'7
8,000 :
62
Ltd
American
Jan
322
Distillers-
&
:.;
9%c
5c
Gold Mines,
28 'A; Jan,
Aug
25c-
•<
89%
•
U
Ltd
Apr
46
;
jLtd._/_-_—A_..l
*
Jan
"
1 A
Mining^/A.—-AA/1 ,A
Mines,
Little Long
Jun
•
Bay] Mines../—
Mines
21%
145
8%
15C
.
Leitch
Feb
274%
143
-
.
Brazilian Traction Light & Pwr com—*
Brewers
188
Oct
1'<
20c
:
2i% Dec
Oct
11
10'A
9
15%
;
Jan
12c
1,381
11%
25c
32
Jan
"
157
10%
7
*
Jan
16
:A'7:,': 3
;
Dec
Nov
20c
77;2c/ Nov ,7/:
26
,
-7:•
15
34c
./
Oct
7c * Oct
1,000
51
-
155,.
9
•
.
;
Jan
55c
'
I
Cadillac' Gold l^ines—-AZAA1;A"
Secord Candy Shops—
3
■'
Laura
Jan
Sep
1
Mines
Cordage
1.47
Oct
125
212
140
i
Mines,
Brantford
Jun
31
Shore
;26
>
;
.
•.
Oct
•
20c
,7 3,000
15c
26'A
Apr
Oct
10
650
•
21
■
7
8%
Lamaque Gold Mines [//^._—//_^__*
Lapa
Jan
2c
140
_100
Kirkland Gold Mines
Bobjo Mines Ltd
4'Ac
115
8 %c
11
,'.-A
Nov
75c
1,500
;
8%c
,/z~7
lc
l'Ac Feb
1,500
143
-A
.
500
Dufault
Lake
16'Ac Mar
Lake
20/
15c
2'A
26c
2.000
i
/ 3c
11'A
Mines/—1'4
Kirkland Lake Gold
Jun
1.65
„100
Bell
Apr
10%
Can|ida__..i—A.Ai.* A
Gold
Kirkland-Hudson
Jan
2.65
13%
—
*
55c
Oct
223
7%c
13%
1
Jun
1.20
!
142
7%c
*
—
3c
222
//,/
■.
34c
716-
1%C
1.18
142
V
100
Sep
2,300
*
of
Kerr-Addison
Dec
7c
2.50
l'/aC
3c
,
Feb
6'Ac
11
"50.
—*A/
:L__—1-_
Mines
Kelvinator Co
Dec
3,175
44c
2.30
.
Astoria
Quebec Mines—Z/——1
Aunor Gold Mines Ltd
1
2.70
15'7
..LI'.A..A_A-A-lA'Z
Mines
'•■Jellicoe
Mar
5V'a
13c
,
Petroleiinu.
-Jason
High
•
Aldermac
"10.50
July
v,..
'. Int Util class 'B.——;X%LA——'.1
Range Since January 1
common/—*
Ltd
Oct
2.07
15c
A.——*
Common.:
Nickel
International
4%
100
5.75
1,085
————100
—:
Nov
1,290
Develop/,-—A—.Lp
common
International
Sales-
Finh
Low
r"Preferred
:
for Week
of Prices
&j
Dec
3%
3,500
^ Smelting—t—A*// A Ap. I.A
international'Metal
5 'A
2%, Jun
1,537
Jan
10c
"
Mortgagfe—100
Mining
Inspiration
67,200 Z
5
.
/3Cr/.3c
Imperial Oil_iA'_-.-i.A-— A-—/——^*'Imperial Tobacco of Canada ordinary.5 ;;
Imperial Varnish
_A_A/—li"
—.1
:z
Mining
Bay
& Erie
Dec
8.20
Imperial Bank of. Canada.——.100
2c
Dec
4%c
7.90
—._1
500
4%
%c Jun
7—A A: 2,40,/ 2.42
/A—ZA—j./.
1,000
2% July
34c
1
Mines—J.
7'Ac July
440
10"
:
10c'
10
—_—1
DeW'—
Howey
4,650
30
Dec
Fen
Feb
13c
1,020
-A1
Dec
11% Mar
43c
•AAXA,
2,70
Apr
16%
Dec
43 c
,.
Hollinger Consolidated: Gold Mines/—.5
Oil—
.A—'/_—/■...*;
Homestead Oil & Gas1——A.—1
2.05 July
15c
2% Mar
Oct
9 'A
3%
Highwood-Scarcee Oils ./.l—*
'
Dec
34c
■■Home
i-
Mine
Gold
21
Par
._/
Grain
Oct
lc
3c
Sale Price
Gas
Pacific
1.25
Apr
1 'A: Aug
11
7
High
67
:4%
4'A
MineS-.-Z.———.1
1.35 July
4'Ac
Week's.
Paper common.:
preferred
Oil
4%
3%
Oct
inclusive, compiled from official sales lists
STOCKS—
6%
——4-—*
—
3c
Last
AJax
Bridge
31%
89
4%c
2%c
Carpet
Rock' Gold
Hard
4'A
4%c
Low*
%C
9
4'A /
*
—1
Alabastine
&
21
,1
i.-
both
:V
Lime
4%c
9
11
Dee.
•
Friday
Abitibl
•
High
9'Ac
Mines—--1
Gold
600
Toronto Stock
Dec.
9'A
100
2'Ac
common—*
vtc
1.16
6
:
9%
1.11
Paper
200
2.40
—,
Ltd
Co
10
preferred..————i—*;
Greening Wire Co——_^A„—
Lakes
V tc
37c
__"•.
,;
1
—
Ltd
Oils
Royalite
238
13%
Feb
26c
•
Homestead Oil & Gas Ltd
2'Ac
13%
2.30
60c
*
-
2'Ac
Jan
Aug
65c
__
———J-
Co Ltd
Co
Great
3.00
1.40
37c
.
,
„*
Ltd——
Sep
300
2.00 Mar
Range Since January 1
170
550
f
Co Ltd
Oil
67
1.65
' ' .'"'■V.-Vj-'
,
Goodyear Tire & Rubber connnon--Z_*
65
'A /,
'•
65c
Wood Cadillac Mines Ltd_^—i—1.00
Oils—
Low
'
A.
52c
1
Sylvanite Gold Mines LtdT——_1.00
Teck Hughes Gold Mines Ltd
1
Anglo-Canadian
?ar
'
.
2.40
52c
■
.
—1.00.'
Ltd
Mines
1V2C
Shares
Feb
High
1.11
"
—7
——_1
Ltd_
Mines
Sladen-Malartic
Sullivan
1,000
for Week
Range
of Prices
4c
Low
High
2.40
i.-
Mining Co Ltd——1.00
Sherritt-Gordon Mines Ltd
1
Siscoe Gold
Last
Sale Price
STOCKS-
Range Since January 1
1.65
Gold
Premier
Shares
l'Acl'Ac
__
Mines Ltd——_1.00
Pickle Crow Gold
for Week
Low
Dredging Ltd-—____1
Gold
Cons
Range
of Prices
Last
,.
Jan
Jan"
52%
Dec
52%
Feb*
1.18
Oct
2.34
Jan
Aug
8%
Jan
4
45c
1.10
Oct
'1%
Apr
4'A Aug
5%
29
7
Dec
7c
Dec
10%
Jan
Dec
6
July
36
2% Mar
2% Mar
41c
Oct
Feb
5%
Jan
1C
Dec
Mar.-
3% July
4'A July
1.24
Jan
...
Sales
Week's
Friday
»
Last
Range
of Prices
Shares
Verniilata
(Mis
Oils
Vulcan
•!-
—
Waite-Amulet
ZZi
3.50
—
——
Mills
Flour
Canada
10c llVtC
Class B
Jan
13c
18%
e
18 %
228
Bonds—:
Series
B-l„
26.60
.}
2nd 3s
B-2
22.10
24.26
No Amer Bond Trust
Series
B-3
14.84
16.28
North
18
Mar
38%
Dec
2%
166
75c
2%c
44
90c
6
"'.V'
B-4—
7.36
8.09
Series
1953
Series
K-l_——
12.49
13.68
Series
1955—
..1
2.16
Series
K-2—
10.80
11.92
Series 1956—
1
2.12
Jun
3
Oct
Series
S-2„_
10.16
11.17
May
22
Oct
Series
S-3—
7.3S
8.07
Feb
Series
S-4.^__
2.62
2.90
5,16
5.68
439
1,500
1%
Dec
3%
2.37
2,260
1.80
Oct
2.90
102% 102%
Jan
$2,000
99%
2,500
,102%
99% July
Dec
100
101% Mar
Jun
L
—
—
—
—
Knickerbocker
—
Fund...
75.17
30.87
10c
6,73
2.90
i
,
Friday
''
Last
sales lists
J
Shares
Low
2d
^..1
16.52
17.76
1
7.87
8.40
10
8.00
8.74
Low
Canada
I_j—JA—6%
*
> 2% ,'2>/4
Vinegars
Consolidated
6'/a
2%
75
5; 1,605
2
2
10
Corrugated
Oil
A—
Bridge
Dominion
Textile
_w
: 25c:
25c
72
common——
7% Jan
3% Jan
.
Dec
4
Mar
69
Jun
Apr
15c
-
July
25c
—V"
Fraser Co v t C—„———
--
-
-Lr'
Humberstone Shoe
Oil
Selections
Pend
3'A;c
1,000
12
12
>10
6%c
10c
1,100
Oreille
1.05
1.08
} 900
#;•.
—_—————1
Mines
1.00
-
Shares.—
St
Investment
:■
85c
61.42
66.40
1
1,95
Super Corp of Amer AA__^
3.81
4.77
5.26
5.24
5.80
—
ASeries
—
bond series.—
stock series
9.83
6.66
Automobile
4.29
4.73
1
8.45
6.75
34c
63c
5.06
Series
5.58
7.55
C
;
U S El Lt & Pwr
17.38
5.97
11c
Shares A
1.19
B
8.31
22.81
15.91
5.45
B—
71c
20.88
Bond Fund series A..
Series
7.43
....
Building supply
4.84
B————25c
Class
United
9.29
_i;
stock...
4.66
1
—...
Trusteed Industry Shares—__25c
Aviation
Bank
1,75
1
ASeries B—
York Stocks Inc—
.....
1.82
1
Shares—
Oil
ASeries A..
7.33
Fund.:
England
New
D
1
.....
Trusteed Amer Bank Shs—
10.60
Agriculture
New
C
ASeries
■;
series.
Preferred
Dec
Jan
Jun
14c
5.64
12.43
•
Corp
3.44
series...
Low priced
Jan
10%
9%
3c
12
Sep
8% July
3
Jun
l%c Jan r
9
May
2c
Sep
85c Aug
1
—1
5.07
—11.68
Trustee Stand
82% July
Dec
65c
8
5
3'Ac
♦
Income
6.25
Jun
72
520
;
3%c
•
Script—y——
Mines—————————1
Lake
Osisko
'75c
——
———
Silknit
Ontario
75c
10%.. 10%
8%
8%
Inc
Sovereign Investors—
Spencer Trask Fund
State
Chemical-
Foothills Oil & Gas Co Ltd——*
8.05
3.34
Fund,
5.67
Dec
24
20% Oct
10
72
77.96
7.38
Selected
National Security Series—
Sep
50
222
23
76.42
Selected Amer Shares—...2%
Trustee Stand Invest Shs—
May
6
2
1,400
23.23%
—
•
3.00
1.09
5.47
Bond
5
Apr
4% July
1.55 Aug
,
5 ;
65
—I
—
,
,
'-Vivv. '..".65*
—41
CO——
Dominion
"
,
preferred—-_100
Box
Paper
Dalhousie
class
Press
5.00
2.66
Scudder, Stevens & Clark
Securities—
series B shares
voting shares..,
Income
145
Consolidated Paper Corp—
4.20
5.06
High
■
5:
50
5%
Inc..
12.03
.10c
2.84
.99
(Colo)
(Md)
4% Feb
4%
5%
•
Brew—.——————♦
Bud
Can
Fund
11.25
•
..25c
v
-
Range Since January 1.
High
4%>./%4%
Bruck.Silk
.s,
Fund
Invest
Nation-Wide
for Week
of Prices
Par
■,
Investors
Mutual
v
'' •; ,%'%
'
Range
Trust
38c
1
Fund
(Geo)
National Investors Corp..1
Sales
Week's''
'
1
.
Sale Price
STOCKS—
v
■
^
Exchange-Curb Section
Investors
33c
Republic Invest Fund——1
3.45
——_
1.75
1
—10c
Quarterly Inc Shares—.
7.41
10c )
Series 1958
Putnam
Manhattan Bond Fund Inc—
—
*
Plymouth Fund Inc
76.70
31.50
Sayles Mut Fund—
*
Sayles Sec Fund.——10
Loomis
Common
■'Z
V
1.75
Scries
Dec
22
/Dec;'5 to Dec. 11 both inclusive, compiled from official
\
36%
Dec
Mass
v''.;
ctfs
shares
11%
Apr
1%
.
Trust
Amer
'3%
9 % July
Mass
••%'
5.27
Scries
Maryland Fund Inc
•
3.58
4.72
4.78
Dec
18c
v
Toronto Stock
3.24
4.28
Dec
135
99%
(Cont)-~
Steel
29.18
.3
200
2.31
V4S———-A—-—1948-52
-—^—-^1949-52
Inc.
Rallroad
Railroad equipment—..
Jan
Loomis
War Loan 1st 3
York Stocks
New
Apr
19*A
2.31
9.20
Sep
,
1%
*
Mines-
19.05
8.98
8c
38
ill
17.53
1
;
Funds-—
1
11%
20
.100
21
of
Co
Keystone Custodian
700
2%c
2%c
———-J
America—lO
Investors Fund C
500
2%
————————.
Investment
Jan
50
Apr
■
Ask
Bid
Par
Ask
18c
36
36
Jan
Sep
4.80
Nov
Mar
,
£*
Bid
Far
May
2%
2%
11
Wood-Cadillac Mines
Wright-Hargreaves
583
19%
18c
A_r
—„
40
II
Dec.
Jun
22c
July
3.00
568
48%
48
15c
500
20c
3.25
3.20
2%
—100
Preferred
5%c
common————.
Winnipeg Electric class
■
11,000
1
com
Preferred
Ltd
5.00
48
Preferred; —-——-A—.
Westons
Apr
20c
i91
Wendigo Gold Mines———;
Western
3.00
3.25
Walker-Gooderham & Worts, com'«
1,414
—1
—
Ltd—,A-~~
Mines,
4.10
10c
Quotations for Friday
High
Low
High
3.50
——
Range Since January 1
Low
Par
——
OVER-THE-COUNTER MARKETS
for Week
Sale Price
STOCKS—
Ventures, Ltd.
2123
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4133
Volume 156
1
13.05
14.39
1
Wellington Fund
43c
68c
Dec
Electrical
5.98
stock
9.68
6.03
Metals
Oils
Investment
6.13
ABlair
&
AFirst
8.44
7.67
—
Banking
Corporations
6.64
5.56
Machinery
Nov
6.59
8.80
equipment—
Insurance
Boston
Co
11%
10%
—10
Corp
J ; 1.75 Jan
New York Bank Stocks
OVER-THE-COUNTER MARKETS
..%■
Quotations
for- Friday
of
Insurance
Bid
—
64%'.
67'%
American
Alliance—10
20%
American
Equitable
16%
31 %
6%
7%
.1
;~12%
3%
3%
66%
5
American of Newark—2%
13%
Massachusetts Bonding.
Merch
Fire
Mfrs
&
Surety
47%
N
4
Y—
National Fire
9%
10%
National Liberty
25
52%
54%
National
,
63%
41%
5%
•
-
Union
'V-.
——2
Bankers &
Amsterdam
6%
7%
New
Brunswick.
A___10
71%
74%
New
Hampshire Fire—.—10
York Fire
A—5
x40'A
100
^
Camden Fire
530
..5
York—
550
■
18%
New
North
20%
.
10
14%
27%
29%
Continental Casualty...
33%
35%
—2.1J——iLlO%'.v--38%
40%
of New
5
——
^il2;50
Fire.
Indemnity
Co..—.10-
*—10
50%
52%:
Preferred Accident
x69%
72V4
Providence-Washington ..—10
of
Newark.........5
9%
10%
Firemen's
Franklin
5
Gibraltar Fire &
25%
42
15%
44 4
16%
..10
Marine
Corp
—5
36%
38%
Seaboard Surety
—5
,..5
7%
26%
8%
28%
10
22%
23%
10
87%
90%
Travelers
43
46
U
27%
28%
U S
....—,10
14%
16
U
Fire
Globe & Republic
.
American..—
Hanover
—....
Hartford
Fire
Hartford Steamboiler Inspect._lO
Home
Homestead
Fire
55%.r, 57%
Fire
—10
•
1
Aeronautical Securities
6.11
v.;
2.02
2.21
10
14%
15%
American Business Shares- —1
2.44
2.68
Investing.lOc
10.49
11.49
2
4%
Holding
AAmerex
Corp
American Foreign
Assoc
Stand
Oil Shares
~
.
A 6 %~
2%
3%
Foundation
4 %
5
Fundamental
10.69
—5
preferred
•
Basic
Industry Shares_il-.i
Fund
Boston
Bullock
10
Ltd
Fund
2.96
5
Inc
5
Invest Co Inc_
1
_
} :-K'"
Fund
Inv
Ltd
Ask
Preferred
com-:. -100
_
Commonwealth Invest
—1
Consol Investment Trust
1
'
29c
AA
Series
—1
Capital Corp..
mod
AA
Series ACC
Actum
A8%
Crum
&
—
—1
.
mod_
Forster
—
B
shares
Delaware
Chemical
'{■
Food
—
Railroad
..."
RR
Eaton
-
&
Stock
Fund
104%
105/jf
1964-1944
104%
3s
1,
May 1,
—
105
—
„
..I:
1956-1946
iV
&
105
—
106 Va
107 Va
1956-1946—
2.95
105
100.9
100.2
100.4
100.21
100.24
Housing Authority—
1%% notes
Feb
1,1944
.
Other
I,I
U S
106ji
U
Issues
107 V4
1946
Conversion 3s
S Conversion
1947
127
1952
3%s,
107%
109 %
109
1961
3s
Panama Canal 3s
107%
Bid
•
128%
91%
—.
;•
>
„
1972
Pub Serv of Okla 3%s 1971
A«k
106%
104%
Southern Natural Gas Pipe Line
100
100
100%
108
—^
Bid
104%
104%
91 'A
105%
Ask
103%
./■
1971
109
102
1972
5.90
15,
tMar 15,
105%
1972——
105%
Virginia Public Serv 5s 1957-,—
Wisconsin Pwr & Lgt 3.V4s, 1971
101 Va
101%
105 V4
"105%
S'western Pub Serv 5s
103
—
6.49
Sep
15,
1943
—
5.64
5.92
7.27
15,
15,
1944_
Jun
15,
1944
Sep
6.13
tSept.
3.34
3.69
4.02
100.14
tMar 15,
1946
100.15
100.17
JDec
1946
15,
Holding Corp
Foundation
Fund
I
1
1944
Certificates
100.25
t%s Feb.
100.12
100.14
f0.65s May 1, 1943
%
100.28
100.31
t%S
%%
1945
99.19
100.15
-
1.20
Rates
quoted are for discount at
Bid
Ask
100.5
99.1
99.3
99.5
100.1
100.3
0.30';
0.51%
0.67%
0.78%
Feb
10,
1943———-
Feb.
17,
1943
b0.34
0.25%
Feb.
24,
1943
0.27%
0.27%
March
3.
March
10,
Jan.
6.
13,
1943
b0.34
20,
1943—
b0.34
{13.89
14.94
1.80
2.05
Jan.
—_1
15.90
16.90
9.44
10.03
Bank Croup shares
22.51;-
24.20
Insurance Group
1943
Institutional ,%,'curities
11.57
68c
76c
'1.02
1.13
•No
10'ash
bonds
par
value.
sale—not
are
—
1943
0.25%
0.25%
0.25%
1.31
Independence Trust Shares..—•
1943
27.
3.
b0.375
b0.375
b0.375
16, 1942
30, 1942
10.55 '
Bid
Jan.
23, 1942
Incorporated Investors...J— __5
Bills
purchase
Feb.
Dec.
18c
1.07
■
1943
Ask
Treasury bills—
5.00
sharesJL._
98.31
b0.38
b0.54
b0.69
b0.80
1943——
United States Treasury
4.40
_
1,
Aug
Bid
100.3
100.17
Dec.
Ltd—
AviationyG'roup shares..1——
1,
t%S Nov 1, 1943-
99.21
% %
„
1%%
%%
1
%
1%%
Indebtedness—
of
100.27
100.23
3.41
2.71
10c
•
Jnc
L.lOc
15,
——
%
1
1944
15,
1945
%%
4.03
2.45
4——
100.12
%
1
1
2.74
3.09
.4
shares
shares
1 Va %
—
3.02
3.65
L
15,
1943
5.16
2.48
2.73
-
fDec,
4.93
4.68
shares..—
shares^.—Jr.li....
15,1945——
100.4
4.43
4.47
15.
Mar
IMar
100.1
100.25
Dec
Mar
3.80
Int. Rate
Maturity—
100.1
1943
1943
represent one or more 32ds of a point
Ask
100
1%%
% %
15,
6.61
•
—
Jun
5.38
——
1942
4.30
1
Bid
Int. Rate
Maturity—
97c
-
100.7
15, 1944
——.—Apr
8
Quotations For U. S. Treasury Notes
Jan.
1
July 15, 1943
nva%
tl%
105%
Figures after decimal point
3.44
Common
-
100.22
i,
,;i,v
Cent 111 Pub Serv 3%s,
5.57
Income
(Mass)_8>
1955-1945
1955-1945
Jan.
L_—_
AHuron
16.43
1943 at 100%„
Finance Corp—
105 VQ
—1
Fund—^
Equitable Invest Corp
1946-1944
Dec.
,
1:
100.15
4s
shares——.—
Equipment shares
Utility
Howard—
Balanced
5.14
3,90
3.82
15.20
100.18
1944—
3,
....
4.67";
Steel shares.
Tobacco
2.50
Shares
0.55%
Federal Land Bank Bonds—
Dec
Jl____
Petroleum
26c
24c
b0.70
100.11
U
_25c
D
Dividend
bond
Mining shares,
111
1
i
,
5.12
Merchandise sharesj
Diversified Trustee Shares—
C
4.20
__
Investing
x25 %
1
"3.90
shares
shares.—
-100.
Fund
:_1
shares..„.c
shares..—1._.-
1.85
117%
1, 1943
—Apr
27.51
Electrical Equipment.^..'.—„
General
■.
•
25.58
Building shares..
__10;
preferred
Cumulative Trust Shares
3.53
L.—•
f
1.85
Forster Insurance-
A Common
A7%
10
100.
1%S Jan. 3,
Reconstruction
0.55%
1, 1943
__JMar
——
2s
Ask
100.22
7.63
shares—
Aviatioa
2.22
___
common-
preferred
&
Agricultural
Automobile
»•/; •.'
J%s
b0.70
1, 1943
Feb
3%s
L—•
——
2.22
Accumulative series
Series
v.
31c
99.27
99.25
-Maw 16, 1943
P"
.
Electric
5.04
/
'
1.94
t%s
Bid
Natl Mtge Assn—
2s
100.4
3.55
141
u
1
Corporate Trust Shares
100.2
Call July
4.61
2190
3.65
15, 1945
Banks—
Loan
i ,17.19
9.42
3.36
Feb
-
Home
Penn
4.54
3.84
General Investors Trust—.;
2090
UVa%
4%s
5
10
12.10
136
Securities
Christiana
1060
100.18
Ask
Federal
1,1943
.May
2%s 1952
3.05
Invest
11.04
8.70
——
IR H)
15.69
25.79
1
Chemical. Fund
Bid
%%
Empire Gas & Fuel 3%s, 1962
1.51
Inc..*.—2
B
3.20
3Vs
2%
X1020
,L100
States
Obligations Of Governmental Agencies
Commodity Credit Corp—
Macy
14.85
1.37
10c
series
General
2.60
United
242
237
100
12
50'A
47 %
..50
—
Lukens Steel
13.82
Shares A... 1
Trust
13.76
24.99
12%
36%
21c
1.61
21.74
4
.20
20
100
25
2.56
20.11
1
Century Shares Trusts
P)
(J
New York
Title Guarantee & Trust
—
—10c
Group Securities—
Canadian
common
& Co—
Preferred
Public Service of Indiana
12.80
?.!
—
County
Morgan
11%
Guaranty
33
Fundamental Trust Shares A..2
'
41
35%
3VtS
20c
1
Fixed Trust Shares A
%
39
Empire
3s
Inc.
Fund..
Trust
stock
Insurance
9.94
1
_
10
Trust—.
10
3s
—•
Fund,
Bank stock series.
5%
.
Mutual
&
Ask
10%
11%
1165
1215
23%
26%
35%
37%
52 %
54'A
170
180
73%
76%
Bid
10
100
25
Lawyers
77'A
Exchange Bank & Trust_20
81%
Fiscal Fund Inc—
•
__
Broad Street
First
28%
Quotations For Recent Bond Issues
Industrial
—1
Axe-Hougliton Fund Inc
Bankers Nat Investing—
A Common
Financial
65%
74 %
...
Equity Corp $3 conv pfd
Fidelity Fund Inc..
6.64
-1%
Affiliated Fund Inc__
Corn
47%
Bid
4'^'u'y-ZZ Par
Ask
61%
20
Continental Bank & Trust
77%
investing Companies
Bid
Kings
4s
4
Par
38
Manufacturers
30%
31>V
—_—.2.50
36
100
Chemical Bank
45%
4
—
Guarantee—
27 %
Par
10
'
29 V8
Fidelity & Guaranty Co..2
28%
17%
—
Irving
Central Hanover
424
414
100
26%
Companies
297
Brooklyn
43l/4
45%
35% . ; 37%
120% ',124%
—10
Westchester Fire
69%
67%
10
Insur Co of North America
S
12Va
Ask
Bid
287
Bankers
Federal
262
.202
Security New
S
Par
.100
Bank of New York
6%
24%
22%
,
21
Haven.^
—10
Springfield Fire & Marine
25
Standard Accident
—.10
5
Glens Falls
Great
87?8
13%
33
23%
_L62%
St Paul Fire & Marine
.
5%
(NY)....—2
Republic
(Texas)
———10
Revere (Paul)
Fire
——10
Reinsurance
27
5
Fire
General Reinsurance Corp
5
New York Trust
39%
8478
12%
31
of S Fran new—10
Pliila
National City
173
165
97
37%
—.10
Phoenix.
Fireman's Fd
Fire Assn of
23%
4
85%
93
——25
Pacific
V
5
—/
_—
Northern
Pacific
Federal
12>/8
42%
13%
22Va
3%.
81
y
_____2.50
River—
Northeastern
16%
Connecticut General Life...—10
City
157%
22%
29 %
27 %
25
Shippers
i.«i
Boston
7*/2
.
21%
Casualty J—..2
New
__—2'/a
Baltimore American
56'%
6%
%52%
.20
Fire^_
44%
6%
54'%
—10
44%'
.10
Re-Insurance—10
Reserve.
>
Fire Assur.———5
Merchant
14%
American
Casualty.,
Maryland
17%
American
28%
;_5
Knickerbocker
22 %
American
20
i
29%
.
Agricultural
100
Ask
Jersey Insurance of N Y__
48%
27%
25
—1—
26Va
13.55
Public National
Bid
Par-
134%
46%
10
—10
—
Life—
Aetna
28
1185
1155
100
First National of N Y
Ask
Bid
I* fir
Ask
17%
16
Companies
Ask
129%
Aetna Casual & Surety——10
Aetna .i,
10
Co
Commercial National
'
Par
Manhattan
National
Chase
"
Bid
Par
Bank
11
Dec.
«Odd
included
in
lot
sales,
for
range
subject to all Federal taxes
—
b0.35
b0.36
b0.36
b0.36
b0.36
1943
1943
b0.34
b0.34
—
r
Canadian
d Deferred delivery.
tin default.
Ex-dividend,
y Ex-rights
A Quotations not furnished by sponsor or issuer.
price,
b Yield
year,
x
Ask
0.28%
0.28%
0.29%
0.30%
0.30'r
0.32%'
0.32%
market,
tThest
.
<*'
THE COMMERCIAL & FINANCIAL CHRONICLE
2124
COURSE
THE
ends
week will show an increase com¬
Bank clearings this
clearings from all cities
12,
Dec.
In
of the United
At this center there is
1.9%.
of
and
comparative
for
summary
Week
cities
1941
$3,048,699,042
338,444,604
Philadelphia
341,877,296
429,000,000
445.000,000
.
—__
In the
1.9
+
increase
an
the
to
following
+ 16.9
+
St. Louis
126,400,000
103.312,000
+ 22.4
1st
Boston
San
210,121,000
168,123,000
+ 25.0
2d
199,476,062
156,398,393
+ 27.5
3d
*150,000,000
121,716,818
+ 23.2
4th
Cleveland
+ 18.4
6th
Richmond
6th
7th
Chicago
Dec.
Atlanta
Francisco
Pittsburgh
-----
Cleveland
—
Baltimore
Ten
cities,
'+
5.5
1,135,238,645
+
20.8
$6,457,625,445
$5,956,772,881
8.4
1,491,521,089
all cities, five
Tot.
$4,821,534,236
1,370,968,270
1,421,988,722
4.9
days—
five
cities,
days
day_
one
88,615,869
Total all cities for week
Federal
33,1
$5,086,657^75
cities, five days,,,.
Other
All
104,930,180
—
—
$7,949,146,534
Reserve
+
a
and
the
in
Atlanta
Reserve
District
of
the Dallas Reserve District
cisco
by Federal
summary
Reserve
11,2%, and in the San Fran¬
3'3.5%.
■
7:
v:
»
District
Reserve Districts:
,
1941
"
.
Inc.
■■■■■■:
1940
Dec.
or
1939
"
$
\
%
$
s
+ 34.6
311,318,749
4,693,654,038
,
384,567,193
3,935,774,915
+ 19.3
3,411,620,021
3.4
502,640,417
272,605,261
3,163,912,907
*.
,,
—+
———
_
.L.
668,590,592
646,748,590
+
607,051,536
464,370,665
+ 30.7
357,236,913
"
296,574,208
233,884,522
+ 26.8
181,519,955
"
346,887,539
266,044,790
+ 30.4
222,004,559
180,957,138
"
569,255,535
559,115,862
4
_
"
10
-
—
"
7
17
—
10
.
517,562,334
6
——
Minneapolis
12th San
12
—i—
9th
7.7
12 cities
—
Louis
CLEARINGS
BANK
$
^
St.
OF
1942
—
8th
10th Kansas
5
Districts
Philadelphia
11th Dallas
$7,378,761,603
furnish
we
New York
—
The Chicago Reserve
District is able to record
a gain of
1.8%, the St. Louis Reserve District of 13.8%
and the Minneapolis Reserve District of 18.4%.
In the
Kansas City Reserve District the increase is
37.8%, in
We group the
Districts
SUMMARY
Week Ended
'
•
245,586,818
_—
26.8%
30.4%.
Reserve
3.6
—
102,200,000
City
of 19.6%,
Federal
expansion of 30.7%, in the Richmond Reserve
on
District
1.0
—
136,004,015
—
—
Kansas
record
increase of
an
Outside of this city there was
19.7%, the bank clearings at this centre
of
according
287,938,407
Boston
statement, however, which
are able to give the final
%
$3,105,242,907
Chicago
they are located, and from this
it
ap¬
that in the New York District (including this city)
are larger by
19.3%, in the Boston Reserve Dis¬
trict by 34.6% and in the Philadelphia Reserve District
by 3.4%.
In the Cleveland Reserve District the totals
we
was
which
the totals
week in 1941.
same
increase
an
TELEGRAPH
1942
Ending Dec. 12
New York
detailed
For that week there
5.
having recorded
BY
RETURNS
in
pears
complete results for the week previous—the week
in the
the
week follows:
CLEARINGS
CLEARINCS
not avail¬
are
19.6%, the aggregate of clearings for the whole country
having amounted to $9,090,723,862 against $7,598,710,748
increase for the week ended
an
Our
elaborate
ended Dec.
be 7.7% above those for the corresponding
week last year.
Our preliminary total stands at $7,378,761,603 against $7,949,146,534 for the same week in 1941.
will
Friday
the
present further below
we
possible to obtain weekly clear¬
States from which it is
ings
BANK
able at time of going to press.
Accordingly, in the above
the last day of the week in all cases has to be estimated.
pared with a year ago. Preliminary figures compiled by
us, based upon telegraphic advices from the chief cities
of the country, indicate that for the week ended Satur¬
day,
OF
Saturday and the Saturday figures
Monday, December 14, 1942
"
271,637,744
238,660,906
430,298,887
303,385,421
.
148,352,087
1.8
444,063,076
394,016,987
+ 13.8
190,252,708
167,805,376
111,560,748
,
"
198,028,320
167,257,845
+ 18.4
124,267.266
"
272,232,265
197,525,715
+ 37.8
157,948,825
149,378,171
6
"
122,843,711
110,515,350
+ 11.2
80,288,556
10
2
7
10
——
City
"
526,406,040
394,244,395
+ 33.5
300,311,000
71,215,604
256,593,866
-
;
—
Francisco
—
"■Estimated.
Total
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
Our usual
and
1941 follow'"
+
1942
1941
New
134,213,178
$1,985,229,900
$125,694,000
bonds
$1,723,750,000
13,582,000
112,835,000
of
totals
the
145,390,000
1,470,000
11,803,000
today
6,335,050
a summary
5,650.082,453
2,588,600,125
617,567,466
577,029,850
7.0
515,727,944
443,279,162
of the clearings for
17,928,000
the
0.3%,
District
District
of
but in
record
the
Boston
increase
an
showed
Reserve
of
8.6%
Philadelphia Reserve District of 2.6%.
bonds
228.600
Federal Reserve Districts
bonds
Total
8169.300,600
The volume of
New
York
1939 to
$140,746,000
transactions in share properties
1942
Exchange for the eleven
indicated'in the following:
is
1942
No. Shares
Month
Of
No. Shares
Boston
14 citiea
2d
New
14
"
17
"
17
"
York
3d
Philadelphia
4th
on
Cleveland
5th
No. Shares
Chicago
8th
No. Shares
Richmond
Atlanta
7th
1939
St.
January.
12,993,665
13.312.960
15,990*65
25.182.350
9th
7,925,761
8,969,195
13,470,755
13,873,323
10th Kansas
March
8.587,828
10,124,024
16,270,368
24,563,174
Inc.
Nov. 1940
%
or Dec.
Nov. 1939
$
S
1,506 875,510
15,727,039,817
15,780 913,432
2,388,053,907
2,328 297,942
+
2,242,880,594
1,984 585,533
+ 13.0
1,583,805,795
+
—
8.6
1,308,440,442
1,196 046,922
0.3
14,917,580,932
13,413 182,499
1,813 118,698
2.6
1,983,122,953.
1,468 778,621
"
1.032,616,765
904. 400,960
+ 14.2
769,724,424
"
1,376,739,047
1,171 541,679
+ 17.5
909,934,347
806, 697.692
31
"
3,449,819,592
2,967, 651,786
+ 16.2
2,495,749,739
2,177. 880,779
7
"
1,088,913,267
973, 831,595
+ 11.8
671 749,662
702 280,601
762,764,507'
'
760,174,599
653 239,090
+ 16.4
523,942,009
500.
076,743
1,287,315,692
996 353,187
+ 29.2
832,865,773
827.
11th Dallas
11
"
902,588,753
771. 915,111
+ 16.9
613,276,564
555
313,611
075,021
12th San
19
"
1,917,809,304
1,602, 152,396
+
19.7
1,222,859.938
45,731,788
63,618,847
11,185,760
26,695,690
7,229,097
9,667,050
38,964,712
12,935,210
;
Francisco
Total
Outside
-
City.
20,246,238
7,466,443
15,574,625
11,963,790
31,314,623
81,235,027
63,720.802
126,966,815
108,764,035
8,373,550
17,872,807
7,304,820
18,067,920
7,387,341
10,874,650
7,614,850
17,372,781
_____
9.449,934
13,546,161
11,940,210
42,293.618
26,859,380
106,014,420
153.826.695
13,151,616
14,489,085
23,734,934
13,437,025
October
November
15,047,142
20,887,311
Y.
33,810,412,638
City
19,225,036
1st
2d
New
'
6th
is shown
years
■
^
,
IN
LEADING
CITIES
Month of November-—-—
1941
$
York.
IN
$
$
*:•'-+
: ■:+
8.6
+ 19.2
9,530,146,896
15,199
14,413
12,922
173,433
165,132
144,682
1,714
1,449
1.347
19,228
18,243
15,143
"
7
16
13,935
1,416
1,295
1,120
1,029
14,812
13,096
10,780
2,223
1,889
1,728
26,216
24,033
19,324
Louis__
609
535
422
414
6,509
5,491
4,354
773
629
568
10,014
8,271
6,350
5,458
+ 17.7
9,661,872,363
+ 15.3
:
+*22.373.142.595
7,288,300,201
y
■
8,020.216,031
25,107,266,076
+ 20.3
31,475,006,536
6,740,939,183
7,595,424,257
6,526,143,819
+ 16.4
5,491,002.392
5,004,706,325
10,421,105,434
+ 23.9
8,733,252.792
8,381,249,827
8,902,261,918
7,529,892,485
+ 18.2
6,087,082,913
5,689,709,990
19,368,689,674
15,887,816,365
+ 22.0
12,709,657,305
11,751,531,264
371,698,499.444
335,549,285,635
+ 10.8
280,847,137,146
274,792,011,963
198,265,084,172
170,417,012,323
+ 16.3
136.165,448,978
124,874,558,118
19,611,999,591
+ 15.1
16,823,449,501
16,048.038,827
Francisco
L
4,091
907
14,118,663.249
U6,594.769,350
12,914,086.695
Total
17,922
Pittsburgh,
11,686.329,628
37,054,194,725
City
10,415
2,292
15,993,003.735
8,857,108,265
14,063,665.683
"
18,885,254,197
20,362,948,986
7,502,621,536
11,139,432,253
>
"
149,917
1,671
155,039.124,286
■
V".
22,575,056,139
12th San
15,124
Chicago
12,192,705,666
+ 15.3
___
1939
12,705,545,358
5.1
25,238,025,941
20,817,002,659
16-
Minneapolis
'
150,009,347,587
171,409,271,537
24.807,663,988
•
11 Months
1940
+ 12.7
180,148,061,177
11th Dallas
t
$
11 Months
or
Dec. (/e
•:
"
31'+"
•
Louis
10th Kansas
1939
.
;
Chicago
St.
9th
1940
_
10.989,396,098
8th
NOVEMBER
1942
_
7th
Jan. 1 to Nov. 30
1939
1940
ii$rthe subjoinedJT
1941
27,397,548.733
Atlanta
four
Inc.
11 Months
15,366,671,972
14
each-of the
CLEARINGS
1,612,187,626
17,318,074,243
•
Richmond
BANK
1,715,867,610
17';"
York
5th
omitted)
+ 21.1
'
14 cities
Philadelphia
000,000
2,008,796,823
1942
Boston
Cleveland
■
25.270,228.098
12,348,533,462
11 Months
3d
last
27,924,067,423
13,511,030,639
years:
4th
-
6.9
+ 13.6
2,432.275,503
clearings at leading cities of the
country for the month of November and since Jan. 1 in:
statement:
+
16,442,489,802
showing the clearings by Federal Reserve districts for the eleven months for four
Federal Reserve Districts
of bank
course
1,138, 027,247
31,641,758,221
+
18,685,978,637
We append another table
201.296.216
15,932,595
Nine months __1
N.
92,532,131
77,002.916
______
cities
Canada
57,091,430
25,210,825
September
Quarter
.188
45,145,238
51.792,091
months
10,461,813
22,284,837
August
Boston
Nov. 1941
1.636,461,301
"
32,406,179
July
New
of
"
7,589,297
June
The
District
=;y
17
29,507.254
Quarter
3rd
Reserve
16
May
Six
Francisco
San
19.7%.
9
Minneapolis
April
Quarter
2nd
in the Dallas Reserve District
the
and
16
—
Louis
February
1st
-
,
6th
1940
1941
In the Kansas City Reserve District there is
expansion of 29.2%,
16.9%
$
the
months of
Stock
16.4%.
of
Nov. 1942
1st
$1,887,068,000
$2,104,399,950
gain of 16.2%, the St. Louis Reserve
and the Minneapolis Reserve District
a
11.8%
an
in
In the Cleve^
U. S. government
enjoys
District of
a
Dis¬
and
larger by 13.0%, in
are
the Richmond Reserve District by 14.2% and in the At¬
lanta Reserve District by 17.5%.
The Chicago Reserve
having been $33,810,$31,641,758,221. In the
totals
+
land Reserve District the totals
the
aggregate
Reserve
trict
Foreign govern't
>
York
decrease
Bonds
$152,269,000
6,282,472,045
2,992,223,408
—32 cities
—
412,638 and the 1941
Railroad & misc.
bonds
+ 19.6
+ 19.7
For that month there was an
increase for the entire body of
clearing houses of 6.9%,
the 1942 aggregate of clearings
1»*I
106,372,536
7,598,710,748
3,815,177,317
the month of November.
and
1942
1942
15,047,142
13,437,025
__
of
fW' ,y-..
-Eleven Months
,■
—Month of November—
Description
Stock, number of
shares
months
the; 11
9,090,723,862
4,565,353,809
City
We also furnish
monthly detailed^statement of transactions
The re^
November
for
Y.
N.
Canada
the New York Stock Exchange is appended.
on
results
„—111 cities
Outside
___
Phila.
St.
San
Fran-
1,007
835
672
652
10,150
8,508
7,054
521
456
381
315
5,607
4,888
3,787
Cincinnati,
389
362
288
274
4,394
3,705
2,940
2,704
683
527
429
431
6,985
5,666
4,537
Y,
City
Canada
3,234
Kan.
N.
6,665
Baltimore.
Outside
4,327
City_
Cleveland,,
768
676
519
484
8,406
6,961
5,156
480
407
325
311
4,852
4,151
3,460
318
3,112
2,537
1,948
1.864
Orl's,
Detroit
244
200
1,241
771
Louisville.,
249
239
254
171
61
2,694
2,367
48
54
8,148
141
139
66
___
Providence.
628
11,938
154
175
Omaha
190
761
454
5,645
4,537
2,424
1,740
1,605
1,764
1,465
543
Month-
Milwaukee-
124
106
95
85
1,398
1,139
1,038
January
196
162
150
2,422
2,097
1,665
1,504
178
159
126
118
1,831
1,558
1,324
1,203
217
185
153
146
1,989
1,789
s
%
v>;
$
March
15,452,159,925
12.545,574,166
9.9
17.899.075.557
;/14,791,413,387
+14.7
51.072,475,456
41,664,355,706
+
22.6
17,080,878,994
14,733,528,858
+
15.9
29,012,468,197
25,157,150,270
+ 15.1
33.436.748.723
30.427,690.530
97,053,888,077
84.597,308,997
31.823.252.932
1st Quarter.
St.
Paul___
Denver
1,480
1.431
117
109
97
91
1,309
1.164
961
29.965,913,130
;
+
.
301
248
212
221
2,994
2,517
2,024
Memphis
221
191
157
128
1,834
1,651
1,109
___________
971
Seattle
Salt
_
330
185
161
3,508
2,622
1,917
1,678
97
78
74
1,102
917
759
708
52
C'y
259
114
___
L.
56
54
44
672
642
217
518
Hartford—
Total
•
—
29,867
Other cities
Total all
28,094 25,051 22,680 330,535
3,943
3,547
2,873
33,810 31,641 27,924
Out. N.Y.C.
18,685
16,442
13,511
2,590
299,402
''
+
8.1
52,419,089,664
45,732,930,444
+ 14.6
+
11.3
103,491.565,120
87,397,286,150
+ 18.4
July____
34,817,993,128
31.558,268,905
+10.3
18.473.684.892
16,232,989,849
August
33,324.461,792
29,997,427,796
30,428.013.258
+ 11.1
September
'35,599,596,281 I
__
3rd
280,847 274,792
170,417
136,165
Quarter.
October...
November.
29,445
26,801
124,875
Month of November-—
+
Me.A-Bangor
1942
■
:A-
35,849,127,693
55,335,925,088
48,328,657,621
6.3
20,752,906,645
18,354,915,139
6.9
18,685,978,637
16,442,489,802
13,3
+ 12.8
16,256,965,012
.
+
+
31,641,758,221
33,810,412,638
,
+ 16.9
,
.+ 14.5
+
•
'•
t
13.1
+13.6
~~
Ui
$
Inc.
$
or
Jan.'T- to Nov. 30
1942
;
-—.—;—
1941
Inc. or
«
Dec. ^
+;
Dec. c/o
.......
Bedford
—22.6
34 823.207
+ 15.4
209 839,550
1,294,866,672
9.4
14.812, 835,181
13,095,697,768
4,314,545
3.6
44, 961,905
40,734,456
+
10.4
2,497,776
7.5
23, 231,855
21,146,253
+
1,664.318
2.326,780
—28.5
21 ,553,816
,,
Worcester
Conn.—Hartford
.a
20,309,699
11,174,756
H,-4—Manchester
cities)
1940
$
Dec. %
$
1939
'
-
6,892,600
60.831,100
2,798,802
1,636,461,301
3,057,982
'■*
120,169,874.
887,168
S
;;
3.6
709,115
".■573,503
119.5
2,311,832
2,897,028
+ 74.6
7,756,992
+ 36.9
3,534,529
+ 13.1
449,799,550
264,473.253
234,492,558
5.6
881,948
750,919
455,757
489,913
+
856,392
328,448,078
—
1.2
0.1
21,545,745
1,116,031
+
1,056,520
373,753
+
540,704
740,693
41 952,713
41,663.388
0.7
1,234,805
+
8.2
840,830
188, 258,722
175,224,346
7.4
4,623,295
4,562,431
+
1.3
4,377,154
3.511,231
7.1
124,,965,079
120,871,339
3.4
3,257,547
2,961,600
+ 10.0
2,410,632
2,313,501
4.7
19,549,087
18,253,655
7.1
14.463,139
10,887.041
9.8
8,619,594
6,565,592
+ 29.3
6,399,100
4,813,000
18,934,900
1,409,612
14,457,600
+ 31.0
12,343.000
10.260,700
517,562,334
384,567,193
6.9
672, 166,415
641,694,796
5.0
275 324.597
250,723,139
1.9
77 ,647,700
83,276.600
8.6
761 ,068,900
687,827,800
+21,4
29 444,603
30,843,355
—
—
-
—
+
.
—
1,141,523
'
6.8
'
'
+
—
+
10.6
4.5
—35.5
2,188,569
•
1,506,875,510
■
—30.9
10.6
+
—
23,859,786
66,040,400
35,253.113
—18.1
56.486,410
6,761,500
I.-—Providence
52,581,272
22,674,626
Haven
'Waterbury
+
—
—
4,194,605
16,640,390
10,381,341
Springfield
—
Inc. or
9.9
4,640,895
,
'
(14
3,603,231
12,459,568
2,309.479
'
—Week Ended Dec. 5
1941
1942
'
4,158,115
''"-'Lowell
Total
;
1941
1,416,186,399
River
Holyoke
N.
91,983,709,959
38,109,967,034
2,789,618
Mass.—Boston
R.
18,993,897,303
+12.8
103,742.051.201
26,834,146
.
Portland
New
v
+
15.838.702.760
17.860.342.893
17.0
+
251,402 247,991
335,549
.First Federal Reserve District—Boston—
■'
+ 11.9
+ 16.1
now add our detailed statement showing the figures for each city for thejponth of November and for the week ended Dec. 5 for four years.
Clearings at—
New
15,429,878,683
15,569,522,903
1
„We
Fall
17,267,717,215
18,070,493,455
91,583,717,154
'•
:
6.7
176,181,026,151
25,270 371.698
If*,.*.1
+
+ 11.2
98,983,471,812
Quarter.
1st Half
35,947
198,265
30,565,391,860
31,052,412,164
196,037,359,88.9
2nd
41,163
12,349
>'
6.2
+21.0
.
32,625,070,232
June
1,901
Indian'polis
+
+ 23.7
+ 23.2
;v
34,535,148,648
May
886
Richmond.
April...
%
14,327,368,153
34,658,010,123
February
,
$
:■
•'17,721,239,974
+ 19.5
28,959,129.231 ;;
.
1941
1942
1941
:■
949
218
monthly clearings
•
494
Buffalo
the clearings by months since Jan. 1, 1942 and 1941:
1942
1,425
688
covers
-Clearings Outside New York-
3,141
New
following compilation
^■.:
4,508
Minn'polis_
The
+
8.6
17,318,074,243
15,366,671,972
+ 12.7
1,652,989
875.171
+34.6
311,318,749
272,605,261
Number 4133
Volume 156
-Jan. 1 to Nov. 30-
-Month of November-
1942
1941'
$
dealings at—
Second Federal Reser7e District- -New
2125
THE COMMERCIAL ft FINANCIAL CHRONICLE
>
$
Inc.
Dec.
-Week Ended Dec. 5
1942
or
■-
%
1941
Inc.or
$
$
Dec. %
York—
1941
1942
:
*
Elmira
69,559,887
2,422,815,654
2,097,135,548
3,747,957
3,742,309
,
4,163,137
15,199,268,419
41,291,565
24,345,862
4,764,605
24,263,088
2,015,568
15,124,434,001
York
Rochester
41,856,457
-
Syracuse
24,189,542
—
'
Utica
•
4,846,887
..
Conn.—Stamford
25,276,479
J.—Montclair
1,810,656
N.
Newark
Oranges
1,580,742
1,542,235
+
2.5
1,365,746
5,830,540
1,070,781
50,900,000
+
15.9
37,400,000
33,500,000
—41.5
777,416
50,481,223
35,722,753
45,500,790
47,909,071
173,433,415,272
165,132,273,312
1.4
474,593,357
459,409,413
280,163,010
260,141,503
+
+
1.7
53,976,157
53,147,912
+
4.2
289,018,276
—10.2
21,551,645
269,151,036
1,446,527
912,885
1,219,865
1,134,070
+
7.6
840,371
503,146
730,018
4,525,370,053
11,567,466
3,783,533,431
+
19.6
3,290,248,637
3,061,482,328
11,336,027
+
2.0
9,359,240
7,073,297
6,306,471
+
12.1
4,703,038
8,062,394
4,348,025
1.6
•
7.4
,
"+" o".7 -V
6,443,442
V
5,_282~686
4,Vl~7~813
,,
0.5
553,542
500,467
10.6
426,206
543,934
29,387,025
25,980,725
+ 13.1
21,516,747
18,217,031
42,686,050
37,357(351
+
14.3
31,436,262
25,406,897
4,693,654,038
3,935,774,915
+ 19.3
3,411,620,021
3,163,912,907
1,090,392,294
1,038,843,056
1,473,056,275
1,369,983,826
7.5
3.9
37,873,180
35,037,906
180,148,061,177
171,409,271,537
+
8.1
0.3
98,306,647
+ 12.1
3,404,614
15,780,913,432
6,491,677
21.666,749
5.0
126,272,846
—
8,263,672
7.7
+
0.6
—25.9
9,827,811
5.0
3.3
+
+
—
V,
7,277,794
''
+
0.5
+ 53.1
15,727,039,817
cities)
(14
^
59,000,000
—22.5
+ 6.7
19.3
+
141,563,680
_
523,631,177
—10.1
—
3,273,306
J.
N.
—
Total
—
105,395,732
—
Northern
1
$
5.5
+41.3
5.0
65,218,275
+ 11.7
4,471,677
—
Jamestown
9.8
195,671,163
21,263,881
Buffalo
New
405,664,157
46,386,470
7,011,491
—54.2
6,315,210
218,600,000
Y.—-Albany.
Blnghamton
1939
1940
or
Dec. %
•
•
N.
Inc.
>
;
;
5.1
+
.*•
••
'
"!>.
'
•
7
'•
Federal
Third
District—Philadelphia—
Reserve
1,901,646
2,085,819
Bethlehem
3,748.925
4,157,028
Chester
2,033,080
10,289,215
2,056,381
11,019,062
Lancaster
6,483,144
7,069,064
Lebanon
2,125,366
2,230,611
Harrisburg
1,971,869
2,642,404
2,292,000,000
5,332,947
Philadelphia
Reading
«
5,836,604
8.8
—
25,624,063
25,372,377
24,035,000,000
64,340,314
80,612,292
—12.8
5,100,097
5,132,823
7,926,133
7,562,708
1,178,210
728,833
;
N.
798,461
2,814,986
J.—Trenton
16,330,300
22.176.700
2,388,053,907
460,159
1
+
2.4
1,442,440
1,323,361
~+~~2~.5
487~000,000
417^00,000
3.1
1,740,174
1,430,243
5.6
2,890,598
2,836,440
1.9
2,477,065
2,759,042
0.7
1,388,387
1,606,773
—13.6
1,419,531
1,014,428
1,601,803
' 1,860,632'
—13.9
1,364,065
1,274,541
58,862,467
86,278,390
79,130,077
+
9.0
14,204,869
13,895,150
+
—
+
2.2
—
—
7,510,780
7,851,994
32,054,389
31,678,802
253,037,770
236,580,104
—26.4
198,448,400
227,189,700
2,328,297,942
„
729,527
528,979
1,422,465
59,291,693
8.7
+
1,331,289
5.4
—
631,000,000
122,776,403
6.0
—
482,086
8.9
—
1,377,960
115,908,115
3.3
17.392.699
'
647,000,000
4.8
—
2,911,277
18,430,977
-4
9.1
2.9
—
'
—20.2
0.6
+
1,144,041
•
1.0
26,216,000,000
—
,i-
7.3
3.1
Fottsvilie
:
6.6
27,343,769
'
''V +
2.4
73,899,656
25,344,413
'
1,188,074
1,891,514
122,415,844
78,780,918
8.6
+
York
-
"9 36,364
125,351,097
4.7
—
Wilkes-Barre
Bois
598,380
23,899,197
—25.4
11,048,091
Du
1,542,215
566,012
6.6
—
9,692,348
Hazleton
1,404,910
24,863,201
:I
'•
—28.0
675,371
4.6
4.0
8.3
—
—
Scranton
Del.—Wilmington
47,976,337
" .'
:•
■
486,558
25,542,846
1.1
—
-
—11.4
45,887,251
+
22,621,996
9.8
—
2,223,000,000
Norristown
''«V
v."
Pa.—Altoona
!•
W.
■
,
5.9
+
,
,
+
1.2
+
7.0
> — 12.7
9,938,000
8.6
4,148,800
3,825,500
+
3.4
502,640,417
430,298,887
+
25.2
646,748,590
3.7
+ 199.8
3,314,800
668,590,592
3,094,265
j—
Total—(17
Cities)
Cleveland
768,497,591
Columbus
57,792,800
Hamilton
3,205,977
1,012,922
9,454,387
13,178,526
6,403,098
30,769,112
°1,375,000
Lorain
Newark
'
-
Pittsburgh
Erie
City
D.
185,140,212
12,780,953
+ 16.8
1,137,300
772,592,609
—29.9
10,170,963
11,312,217
—10.1
+ 17.5
+
21.1
+ 11.2
101,790,764
+
14.4
4.4
10,014,487,411
116,410,472
144,286,487
8,271,185,294
9,424,207
126,565,187
+
14.0
—
—
+
12,003,932
6,668,898'
'
74,177,030
84,475,848
86,655,395
24,807,663,988
20,817,002,659
—
1,984,585,533
District—Richmond—
84,175,660
+ 13.0
7,871,320
2,242,880,594
1.0
8.3
+
6,605,204
7,220,567
+
—
3.0
—
20.1
+
+
2.5
19.2
607,051,536
1,009,522
7,139,000
87,929,784
2,638,239
"
62,883,219
V:/+
3,795,324
+ 1.9
+45.1
+21.5
+11.7
+ 6.6
+ 8.5
43,328,720
38,754,425
18,645,000
247,976,370
7,948,072
11,941,157
7,664,710
285,803,000
2,994,351,817
96,881,753
148,022,502
89,198,425
187,733,000
2,516,977,698
84,099,086
137,273,318
72,025,543
+11.8
+52.2
+19.0
+15.1
+ 7.8
+23.8
456,289,973
2,136,265
148,004,089
+14.2
+ 0.8
— 0.5
5,607,640,320
24,469,661
1,699,699,900
4,887,572,356
22,153,295
1,583,558,175
+14.7 :
+10.5
+ 7.2 ?•<
+
147,272,345
C.—Washington
:>• 904,400,960
1,032,616,765
cities)
+ 30.7
464,370,665
27,058,000
301,332,229
8,877,871
12,732,822
8,318,402
521,001,641
2,154,392
—-
+ 42.3
+ 13.5
—
3,869,063
x
(9
263,515,087
77,484,485
296,516,086
Charleston
Total
303,385,421
3,263,865
+
2.1
+
14,923,928
12,530,138
»
357,236,913
2,552,134
12,536,794
12,800,556
75,153,046
Richmond
Frederick
127,316,382
1.4
7.8
—11.9
356,043,326
'Columbia
Greenville
147,333,270
15,541,400
+ 14.8
Va—Norfolk
Md—Baltimore
1,695,842
3,168,168
17,377,400
15.6
+ 15.5
Va.—Huntington
c
i,6.83,845
2.5
+
26,649,600
1,197,674
,
'
Reserve
1,848,853
3,577,408
+
32,583,865
4.1
-•
Federal
2,664,812
621,304,000
37,669,805
+ 13.6
—
110,045,437
(17 Cities)
Total
11,287,300
6,960,894,994
161,375,977
2.9
8,406,192,237
636,574,700
205,706,218
169,495,706
-
Ky.—Lexington
W. Va.—Wneellng
14,040,400
92,976,591
20.8
111,542,897
.
Greensburg
+ 11.8
3,873,910
110,762,922
+
+
10,484,123
-
98,078,563
+ 18.6
156,273,520
...
,
Co.
59,566,874
123,347,600
3,704,832,461
5.9
Toledo
Pa.—Beaver
2,272,292
64,917,258
27.5
146,841,991
4,394,270,592
—14.5
/
—
-
3,065,687
+ 19.1
152,212,540
7.6
+
"797,594
907,510,121
.
Youngstown
B
+
+ 14.8
10,051,860
15,404,935
6,675,145
389,215,035
•
Mansfield
Fifth
25,238,025,941
•
+ 24.4
13,481,748
361,756,552
676,286,869
59,502,400
2,793,781
1,150,397
16,764,705
:
Cincinnati
W.
27,397,548,733
Federal Reserve District—Cleveland—
Fourth
Ohio—Canton
Oil
2.6
+
-'+14.2
10,989,396,098
;
9,530,146,896
1,025,247
790,847
564,813
5,390,000
4,282,000
47,245,881
1,642,790
3,242,000
43,589,527
72,2^1,132
2,126,959
1,427,274
123,210,129
+ 21.3
91,378,342
48,360,465
39,248,968
~+~2~3~2
35,T80"095
27,^17,341
+15.3-1 ;« J: 296,574,208
233,884,522
+ 26.8
180,519,955
148,3^2,087
149,497,198
L—
..
Nashville
145,606,919
:
/
488,554,000
9,858,401
Augusta
3;:
Columbus
;
i
""7,800,000
139,931,568
-
9,808,114
169,476,944
Tampa
Ala.—Birmingham
Mobile
•,
*\
+:>••'/.v.v
\
a,:
-
Federal Reserve
16.7
*2/Too, 000
1,695~452
+ 16.5
38,723,018
23,368,000
+ 65.7
+ 23.3
1,302,458,304
82,255,691
+
22.2
45,477,266
36,879,183
5,008,327
3,461,654
+
9.8
271,731
245,491
+ 30.7
2,537,382,982
+
22.7
86,636,361
59,903,666
;f + 44.6
+ 20.3
346,887,539
266,044,790
4.3
494,987
553,256
4~977,244
4,596,907
2.4
1,483,615,015
138,653,857
59,734,760
2,389,848
770,566,169
6,847,507
17,552,269
2,787,238
11,331,074
3,866,690
—76.1
24,275,988
11,938,943,095
8,148,337,541
11,466,666
Lansing
5,172,510
-
7.1
+
2.4
—
+ 11.3
5.6
+
*
27,866,579
2,606,517
22^826,649
2,195,566
6.9
+
104,640,353
+
+
2.1
75,582,609
67,614,234
+
2.2
193,194,672
1.2
197,801,053
37,799,102
130,714,503
+ 33.8
•
53,556,685
+20.0
+
3,260,338
10,202,038
+ 22.1
5.7
+ 12.2
8,911,166
20,578,751
109,332,066
12,421,682
31,573,793
7,643,849
240,847,819
124,296,085
'105,641,752
2,082,336
Indianapolis
1,916,165
3,463,759
547,676
2,010,488
6,614,257
51,999,395
19,480,458
731,559
2,437,579
2,058,243
1,714,254,099
9,446,500
20,559,654
8,377,761
117,443,488
Bend
14,449,126
.'
37,717,123
Wis.—Madison
Milwaukee
Oshkosh
x
3,459,978
*
.
Watertown
588,007
Manitowoc
2,027,149
...
la.—Cedar Rapids
6,908,253
Moines
-
City
53,487,036
23,781,279
823,236
Ames
111.—Aurora
2,622,695
..
Bloomington
2,324,001
„
1,671,481,264
Chicago
9,596,771
.
Peoria
21,653,373
__„x.___
"
Springfield
Sterling
8,132,223
8,122,015
745,384
cities)
3,449,819,592
•
7,053,168
705,961
2,967,651,786
+ 25.3
+
7.4
+ 16.3
+
19.5
+
16.6
+ 17.7
+
8.7
—
0.1
+
7.4
+
0.8
+
4.4
•+
2.9
+ 22.1
+ 12.5
+
7.6
+ 12.9
—
2.5
+
1.6
+
5.3
—
2.9
+ 15.2
+
5.6
+ 16.2
1,309,425,914
139,901,969
378,065,841
94,710,393
1,396,723,432
23,537,865
42,911,788;
7,451,408
23,013,425
77,109,319
629,391,419
260,244,809
10,288,086
30,802,769
23,124,059
19,228,360,907
84,554,578
227,892,796
98,062,800
88,908,094
8,889,636
37,054,194,725
+
+
2.4
33,673,150
+ 12.3
105,098,045
+ 24.4
42,371,290
220,908
245,770
43,862,982
47,942,163
+ 30.4
222,004,559
180,957,138
—11.3
533,813
453,062
8.3
3,960,855
3,"266*.292'
5.2
2~4~18~474
1,54~9~993
+10.7
:
+
+
+ 26.4
37,439,596
42,379,802
128,922,762
+ 22.8
25,260,321
Gary
23,281,573
61.2
4,085,420
Wayne
*
117,724,000
+
12,454,932
City
1
Decatur
44.7
+ 11.8
17,934,115
3,345,381
Sheboygan
+
"~9~8~4~529
20,143,000
+ 46.5
571,740
Haute
1,742,132
29,016,000
4,114,284
19,991,891
61,100,000
1,438,148
District—Chicago-
6,994,060
Terre
V
x
+ 25.7
11,686,329,628
—
South
4,936,088
22,764,128
87,400,000
1,564,363
26.5
+
+ 45.4
+ 23.9
26,029,384
8,321,625
37.5
.
—16.6
::
104,066,723
1,812,796.679
201,651,297
75,090,813
125,905,000
110,639,265
29,198,273
9,140,377
3,112,928,531
+
+
7,131,354
165,565,763
14,063,665,683
Grand Rapids
(31
+
+ 17.5
Jackson
Total
2,397,953
71,620,263
;;
7.9
_
1,241,852,459
Rockford
37.5
+
1,171,541,679
'V
-
Arbor
Detroit
SlOUX
20.6
+
1,376,739,047
V
(16 cities)
Ind.—Ft.
+
78,962,767
318,584,952
884,180
Orleans
22.7
+
81,009,293
.
10,121,000
10,048,070
2,416,525
837,541
243,785,400
2,688,506
Muskegon
+ 24.4
125,300,000
+ 18.3
4,068,082,000
10,844,000
—
Vlcksburg
Seventh
+ 10.7
4,906,954,000
111,375,050
85,187,503
83,555,925
1,517,510,233
+ 24.0
Meridian
Mich.—Ann
9.8
29,392,323
102,100,000
2,876,277
6,033,691
9,808,005
-i;
2.2
+
34,783,688
15,788,676
Jackson
,
+ 17.6
—
10,079,167
6,189,195
17.3
+
1.1
+
6,122,744
+ 13.0
7,483,211
Miss.—Hattiesburg
y.i
269,261,332
1,256,578,002
20,793,155
Montgomery
Total
304,227,290
1,473,438,724
+ 30.8
.--2
La.—New
/
4.6
+ 12.5
—
7,630,225
7,047,289
112,509,571
8,379,137
Macon
Fla.—Jacksonville
Flint
27,515,027
129,459,380
415,573,000
26,237,955
'
-
Da.—Atlanta
Des
.,h •
Federal Reserve District—Atlanta—
flfxth
Tenn.—Knoxville
Bay
.
2~933~386
2/787,813
~+
13.2
109,417,724
+ 17.8
214,693,076
1,164,145,714
3~305~940
2,891,481
+ 14.3
2,387,911
32^693,000
27,910,000
3,370,625
7,320,296
+17.1
— 9.5
+28.7
25,174,000
2,572,522
7,113,155
34~6~9~9,222
29,806,304
+ 16.4
23,359,660
2,016,835
13,891,951
1,769,032
15,618,138
5,053,367
+ 12.2
+ 12.5
6.7
131,067,248
+
320,800,930
+ 17.8
81,783,043
+
15.8
1,138,907,704
+
22.6
20,004,241
+
11,959,740
5,622,907
17.7
38,214,581
6,264,590
3,051,592
9,417,910
1,8~39~241
20488", 000
+ 12.3
+ 18.9
18,369,939
+ 25.3
68,038,540
+ 13.3
536,129,682
212,093,717
.
10,421,528
+
17.4
+ 22.7
—
6,915,959
.
+ 14.0
1,985,498
1,369,911
—11.1
12,004,086
10,474,678
+ 36.9
4,233,326
4,074,564
1.3
28,420,090
21,823,621
+
8.4
+
6.0
427,606
516,252
18,243,059,228
+
5.4
443,907,569
445,876,639
919,365
1,847,855
220,605,397
+
3.3
5,459,864
89,542,875
+
9.5
2,145,768
5,010,596
2,162,547
76,080,124
+ 16.9
1,997,337
2,019,754
569,255,535
559,115,862
66,158,620
7,954,223
31,475,006,536
22,627,347
+ 27.8
—17.2
474,611
453,087
0.4
—50.2
347,737,350
1,461,040
312,262,357
1,146,372
9.0
5,280,919
4,035,689
0.8
1.1
1,719,477
1,646,379
1,262,987
1,430,760
1.8
444,063,076
394,016,987
—
+
—
—
+ 11.8
+
17.7
+
THE COMMERCIAL & FINANCIAL CHRONICLE
2126
1942
1941
$
Clearings at—
Inc.
S
1942
1941
$
or
S
Dec. '/o
Inc. or
Monday, December 14, 1942
1942
Dec. Vo
1941
$
Inc.
$
1940
or
Dec. %
1939
j
$
$
Eighth Federal Reserve District--St. Louis—
Louis
Mo.——St.
609.152,139
4,435,600
724,487
Girardeau
Independence
Cape
534,630,664
4,079,163
_________________
687,114
13.9
6,509,047,105
5,491,117,007
8.0
46,926,838
51,832,145
5.4
9,000,805
7,877,601
+ 14.3
2,694,391,139
2,423,532,137
+ 11.2
66,171,853
50,000,000
+ 22.3
1,834,693,002
1,650,504,596
+ 11.2
45,484,891
43,502,906
26.7
5,555,364
4,320,877
+
28.6
39,818,000
32,688,000
+
21.8
881,000
958,000
+15.3
271,637,744
238,660,906
+
—
+
'
Ky.—Louisville
Tenn.—- Memphis
249,462,735
221,195,688
Jacksonville
111.
239.491,757
4.2
+
190,894,219
582,055
Total
cities)
(7
453,241
3,717,000
3,233,000
+ 15.0
973,831,595
+11.8
_
Quincy
1,088,913,267
+
11,139,432,253
159,100,000
4-18.5
9,661,872,363
•
144,200.000
+ 10.3
112,000,000
99,700,000
9.5
—
__L—
— — —
—
"
—
M
J,
^
_
_
4.
+ 17.8
.
43,464,931
4.6
34,064,777
35,743,794
31,766,582
8.0
723,000
595,000
190,252,708
167,805,376
+
__
-
—
+
13.8
.
—
-
*
'
1
Ninth
Federal
Reserve
Minn.—Duluth
District—Minneapolis—
Paul
1,819,893
____
Forks
Falls
Lewistown
Total
5,020,822
14,330,620
+
0.9
+ 30.0
1,595,000
1,397,626
139,856,091
•
21.6
+
-
+ 17.6
+
13,626,000
14,029,505
(16
Federal
Reserve
+
+
—
Kan.—Manhattan
1,090,006
+
2.9
10,496,028
10,194,060
+
+
8.0
+
51,331,392
+ 45.7
l
49,129,196
55,072,205
49,044,170
13.9
202,561,522
178,638,458
3,523,949
580,916
+ 60.6
5,137,096
4,290,920
Kansas
+16.4
7,595,424,257
6,526,143,819
1,319,851
+ 105.8
424,003
170,611,084
7,403,087
,
Joseph
__
8,276,867
'
:
'1,241,048
'
1,405,687
—11.7
4,498,649
+ 13.2
3,887,199
167,257,845
+ 18.4
124,267,266
.,
5,091,801
'•
•
'
'
—
49.2
+
-
+ 13.6
931,188
2,367,016,741
12,201,410
178,081
*
+ 10.8
130,679
190,000
3,709,520
+ 34.2
68,669,539
45,994,764
'•_ _______
+ 25.5
+ 39.4
16,849,921
8,190,405
119,113,075
110,004,330
+
8.3
2,831,298
233,059,198
187,755,732
+ 24.1
6,424,456
40,543,606
32,264,516
+ 25.7
v
+ 29.9
7.9
—
t
'
+ 28.4
7,142,096,697
204,392,151
5,665,929,521
167,302,190
+ 15.5
7,315,238
7,276,303
1.8
45,528.590
2,569,107
Federal
Reserve
'■
\
■<>•■
48,883,057
184,799,494
+ 17.8
1,989,348,955
29,301,218
1,788,804,219
'•
+ 11.4
41,446,417
36,963,701
■■
.
6.1
19,157,666
12,914,086,695
8,259,979
+ 10.8
103, 466,835
88 234,877
55 870,318
+
+
47,653,926
12,546,000
33,905,864
782,596
.
1~493~651
+ 38.7
J X -4, Avlw
________
76X240
~?32",80l
+
37.8
157,948,825
149,378,171
«•
—
272,232,265
197,525,715
,2,465,423
2,088,772
+ 18.0
1,818,178
1,623.034
100^081,515
85~410,219
"+17.2
62X2X.747
54,36X936
8,5271663
7,658,463
2,475,000
2,889,000
356 063,535
317 441,286
513, 118,571
416, 029,698
+
23.3
12,012,598
12,925" 541
125, 773,000
+
5.6
2,245,000
3,492,000
—35.7
289,290,150
+ 20.4
3,468, 955,302
119, 094,000
2,874 262,559
2,368,997
+ 23.2
30, 638,612
23 913,465
XJ12.8
1X0X591
""91X366
X.2
3,73X377
3,76Xi65
+ 11.2
80,288,556
71,215,604
5,437,341
4.2
771,915,111
+ 12.2
X.I
-
+ 28.1
1~285,767
1~474~, 686
30, 562,181
19, 927,478
+ 53.4
2.5
218, 590,187
190, 994,372
+ 14.5
4/753,408
5,lf24,132
16.9
8,902,261,918
7,529,892,485
18.2
122,843,711
110,515,350
+
—
+
—
+ 20.7
6.3
—
2,566,296
20,591,392
—
58, 353,526
53, 820,651
7.8
—
+
—
District—San Francisco—
'
2.922,941
Yakima
2,374,801
+ 23.1
32,943,723
29,865,518
+
10.3
330,796,912
Seattle
259,368,499
+ 27.5
3,508,907,297
2,622,298,006
+
33.8
7,669,180
'
Portland
+
1.1
73,472,090
63,763,572
+ 14.4
71,796,987
+
l.o
1,931,000
+
9.3
23,932,000
71,076,363
20,579,000
+
+
17.8
2,986,963,391
2,324,268,389
57,933,979
41,997,801
—
W-.
.1,882,499
1,594,856
42.3
47,5*44,825
+ 18.0
63,316,^45
1,254,512
+
114,207,594
97,226,730
+ 17.5
1,102,712,231
917,331,618
22,366,946
18,550,438
+ 20.6
213,135,575
172,882,786
9,760,423
—15.2
Berkeley-.—^
83,452,086
104,306,026
13,517,017
14,434,589
6.4
Long
141,417,353
139,419,318
26,846,477
22,438,539
+ 19.6
293,739,212
224,948,211
5,774,318
5,430,848
6.3
55,787,688
52,890,412
«w
•'«'
83,205,082
50,844,627
Beach
Modesto
Pasadena
11,761,887
Riverside
3,880,102
834,999,000
16,566,023
Jose
Santa
15,480,936
3,759,366
1,007,580,218
Francisco
18,070,850
—
+
—24.0
139,363,921
42,955,966
9.1
168,907,629
32,333,032
25,369,699
"i.
'
.4'^,
^
^
■
151582,315
-
4-i
_
„
f'•'.._[
A. -W
4* M
5,866,708
7,421,627
'
■'
'
L
'
;
iXoXili
—21.0
3,742,980
.
3,398,219
4.8
—2_1.3
4,319,266
3,911,087
3,340,858
'
4—
+19.3
44
—J,
'
*444
-4
298,960,000
230,353,741
2.5
5,947,225
5,119,256
—18.7
62,306,715
73,831,420
—15.6
-1,779,076
158,170,578
140,736,484
+ 12.4
3,768,956
3,895,973
1,917,809,304
1,602,152,396
31,641,758,221
16,442,489,802
+ 19.7
3.3
177,074,000
3,788,115
—12.1
2,171,086
+ 13.3
+29.8
4,956,975
7,319,419
14,177,618
+
•'
'
•
—17.6
164,728,113
■
'
5.5
—
/'
'
+ 30.6
.
_
1,827,862
1,897,695
3.3
2,366,306
3,035,842
+
—
,
158,462,000
,
3,117,979
'
Total
Grand
(19
total
cities)
(188
cities)_____
Outside New York_______________
33,810,412,638
18,685,978,637
CANADIAN
CLEARINGS FOR
6.9
+
+ 13.6
NOVEMBER;
19,368,689,674
371,698,499,444
198,265,084,172
SINCE
-Month of NovemberCanada—
1942
»_
Quebec
_____
-
Calgary
St. John
567,343,908
+
4.9
236,532,886
+ 15.1
91,433,354
+ 20.4
511,157,578
28,653,492
fo
217,361,367
+ 135.2
+ 12.5
17,605,196
25,467,192
17,602,269
+
0.1
30,498,531
+
7.0
31,159,401
+ 10.5
9,389,469
+ 16.1
8,711,163
14,827,094
Tf
_i
Edmonton
30,396,209
Regina
36,092,626
■
8,185,205
12,114,115
+
25,639,560
+ 18.6
6.4
+ 22.4
Saskatoon
+ 43.4
2,135,520
+ 27.7
4,707,078
Lethbridge
25,163,902
2,727,636
Brandon
3,694,641
7,798,299
+ 27.4
+ 18.7
8,906,614
Jaw
4,132,691
Westminster
Hat
3,483,024
4,525,841
+
7.3
4,778,569
+
4.1
4,367,085
Fort William
3,969,988
+ 10.0
1,975,629
Peterborough
_
Sherbrooke
1,808,161
+
9.3
3,474,934
3,265,798
+
6.4
4,582,517
5,355,480
Windsor
Albert
4,234,388
5,416,573
19,749,899
Kitchener
16,262,525
2,720,816
5,340,016
3,439,721
3,486,778
Monoton
Kingston
Chatham
Sarnia
2,432,000
Sudbury
4,921,267
(32
+ 14.2
4,857,498
4,973,093
Brantford
Total
1.6
10,902,873
Hamilton
Prince
+
34,417,693
_____
Medicine
Dec.
32,638,060
Halifax
New
s
627,508,365
272,339,775
__
Vancouver
Moose
or
110,117,928
Winnipeg
London
Inc.
594,953,386
Ottawa
Victoria
r. $
cities)
"Estimated.
2,432,275,503
2,466,444
5,440,986
3,469,596
3,337,573
2,280,796
5,028,577
2,008,796,823
AND
526,406,040
394,244.395
+ 10.8
9,090,723,862
7,598,710,748
+ 16.3
170,417,012,323
4,565,353,809
3,815,177,317
FOR
WEEK
ENDED
DECEMBER
-Jan. 1 to Nov. 30-
1941
637,311,678
•
Toronto
Montreal
+ 22.0
15,887,816,365
335,549,285,635
JANUARY
8.2
+
—
1.1
+ 21.4
+
—
—
+
+
—
+
0.3
1.9
0.9
4.5
6.6
2.1
21.1
X.
1942
$
v
6,615,739,767
5,932,047,294
2,259,020,419
1,214,316,537
3,607,013,585
266,928.424
189,652,384
346,744,594
328,339,566
115,527,281
92,965,193
141,394,904
290,346,963
257,973,217
23,426,980
33,497,798
82,081,270
38,811,665
51,548,805
52,375,711
44,524,018
17,101,614
38,135,529
47,952,639
60,587,419
204,059,792
24,272,276
53,760,300
36,344,468
32,713,008
23,485,733
52,366,986
22,575,056,139
$
+ 33.5
;
.
300,311,000
+19.6
6,282,472,045
2,992,223,408
/'
Hp 19.7
256.593,866
5.650.082,453
,,
2,588,600,125
3
-Week Ended Dec. 3
Inc.
1941
■
" '•
1942
or
Dec.
<fo
+ 12.1
5,900,139,481
$ '
.
1941
■.
/
$
Inc.
or
1940
+
Dec. %
■••'',•
171,796,922
200,194,556
1939
$
+ 16.5
$
173,266,842
131,131,102
122,730,194
'
+ 11.6
2,344,031,964
171,500,645
168,097,014
3.6
77,364,770
+ 32.3
5,313,104,017
33,429,723
—
917,529,861
2,474,738,524
254,920,433
168,181,883
323,516,239
'309,716,188
105,451,125
89,471,692
+ 45.8
61,845,964
4.7
+
•
:
'
25,187,629
+32.7
—
6,887,128
4,447,106
9,883,100
—
5,028,155
7.2
8,523,187
+
+
6.0
8,870,851
9.6
2,347,568
.
144,433,998
62,533,141
+
21,129,548
52,909,695
33,349,829
-
0.3
—11.5
2.532,090
75,627,533
-20,675,225
7.7
6,349,526
3,947,705
.
+ 16.0
8,533,388
+
2.2
+ 10.8
,
67,022,649
+ 12.8
.
—
69,840,213
6,868,313
7,975,801
.
5,648,668
3,217,841
6,736,230
+
4.0
6,948,393
8,325,182
—
7.3
2,238,748
2,149,742
3.1
1,974,740
2,037,645
+
3.9
2,100,971
2,167,837
130,047,643
+
8.7
3,382,039
3,338,623
+
1.3
3,445,563
238,284,827
+ 21.8
7,803,888
6,416,402
+ 21.6
4,944,463
5,046,194
228,823,343
+
12.7
7,307,702
6,355,266
+ 15.0
5,926,119
5,433,573
19,291,320
+ 21.4
626,540
552,271
+ 13.4
474,835
27,650,857
+ 21.1
841,438
696,515
+ 20.8
608,723
660,383
72,362,995
+ 13.4
2,145,971
1,994,517
7.6
1,827,567
1,891,693
31,968,826
+ 21.4
1,004,848
910,634
+ 10.3
901,108
726,761
1,130,875
—
"
'
+
'
3.307,382
403,096
48,784,554
+
5.7
1,282,334
1,290,444
0.6
1,107,910
49,764,233
+
5.2
1,329,501
1,267,709
4.9
990;836
39,542,677
16,186,836
,+12.6
1,192,672
1,000,695
+ 19.2
757,986
705,268
5.7
404,307
464,500
—13.0
392,772
283,163
32,702,486
+16.6
926,404
869,612
6.5
716,849
.716,969
43,633,672
+'
9.9
1,018,849
57,299,240
+
5.7
1,506,328
169,407,688
+
20.5
5,163,218
—
'
.
+
-+
'
892,101
'
..
+
'
1,042,586
-
1,539,672
4,442,654
2.3
851,022
853,588
0.4
1,338,596
+ 16.2
3,502,923
1,356,562
2,897,364
—
.
+
20,057,860
+ 21.0
677,872
643,278
45,836,468
34,299,712
+
17-3
1,560,283
1,386,165
+ 12.6
+
6.0
1,147,784
935,484
+ 22.7
30,842,620.
22,870,322
+
6.1
844,929
897,806
—
+
2.7
625,869
599,631
+
4.4
582,365
631,451
51,540,005
+
1.6
1,284,754
1,265,543
+
1.5
1,048,306
1,196,219
+ 15.1
617,567,466
577,029,850
+
7.0
515,727,944
443,279,162
19,611,999,591
1
29,719,845
'
20.04X173
+ 27.5
4«
16,058,948
Barbara
Stockton
|
X".
38,097,302
'
1.4
+
+
8,508,578,434
+
.'
j
■
45,113,888
10,150,791,253
>
*i
+ 20.2
169,201,006
3.1
+ 20.7
—
I. •'•.+, /
+ 63.6
—20.0
Calif.—Bakersfield
1,175,363
'
:
+ 23.3
8,273,186
Ariz.—Phoenix
36Xl8",789
+ 37.9
259,584,080 '
4,888,118
7,362,544
City
,
+ 28.5
+ 50.6
'
16.3
,
305,828,589
Utah—Ogden
-1
90,093,212
+ 15.2
6,080,683
2,111,000
_
7,660,550
6,954,106
Ida.—Boise
San
~
7.0
1.9
902,588,753
Wash.—Bellingham
San
603,998
.
.
+
798,436
+ 13.9
20,083,194
_________
(11 cities)
Lake
'
.
<f
+ 24.6
2,728,982
Ore.—Eugene
3,240,637
~
.
1
'
^
16.7
5,211,439
_
Texarkana
Twelfth Federal Reserve
IO2X2X922
3,798,937
32.0
3,365, 770,906
2,917,725
____________
73 755,664
3,927, 517,380
348,426,703
Arthur
+ 43.3
+ 15.1
12,305,000
—
Houston
Total
107148X404
+ 25.9
*
+ 17.3
5,748,166
343,547,000
59,399,867
____
Falls
•
854,064
1.9
395,513,380
38,618,449
—
Wichita
1,085,325
+ 23.9
3,236,269
La.—Shreveport
+ 35.6
■
9,149,745
Beaumont.
Worth
3,706,066
.
+ 66.8
10,421,105,434
2,573.018
3,818,502
134,754,231
4,032,684
+ 12.7
18,796,963
+ 29.2
—
XnXoiO
+ 29.3
________
+ 12.1
+
"+29.5
District—Dallas—
Dallas—
Galveston
151,992
32,629,291
...
_
+ 11.2
3,218,454
1,940,091
Texas—Austin
Paso
+ 49.3
2.876,283
_______•
5,077,726
0.5
+
—
182,706,262
+ 22.2
441,756,768
996,353,187
"
139,163
137,787
35,031,667
■
'
_
+ 26.1
.
497,788,968
1,821,674
•'
+
'■•:•
+ 77.8
1,287,315,692
.
'
.3,066,033
.
+13.6
4,969,444
3,544,189
217,769,057
(17 cities)
111,560,748
175,594
+ 13.6
.
2,186,125
16,581,314
46,365,954
.
'
+ 105.7
+ 22.3
622,329
Wyoming—Casper
Eleventh
9,724,797
932,038
4,569,034
_____
+ 36.3
167,236
4,215,514
13.6
+
1,764,153,993
15,429,006
___
3,231.083
.
—
198,028,320
9,302,403
3,583,769
Denver
Pueblo
908,428
1,083,284
.
'
"
526,744,405
Springs
851,053
•
-
+ 40.8
140,149,697
19,812,672
718,606
____
Colo.—Colorado
915,331
.
.
7,472.494
159,193,641
+ 29.8
_
.
•
_
3.264,934
Carthage
.•
'
+ 16.6
+ 12.3
5,258,582
+ 25.0
+ 14.7
..
683,574,819
Okla.—Tulsa
;i.
'
21,544,952
_
—
—
''
■•'
City—
1,057,461
—
2,696,836
'■ —1
.
+ 16.4
254,512,254
City
29,166,391
2,856,809
.
:
1,298,905
,
7.5
/
11,380,227
Wichita
!
Mo.—Joplin___
+
.
-
-1,539,290
+ 19.7
653,239,090
600,000
Parsons
71,399,486
■
33,558,814
•.
*
-
+ 13.4
+
12,575,492
Topeka
+ •3.7
___
4.5
5,636,813
4,460,720
3,307,471
■;
78,584,102
.
3.0
872,691
_______
3,786,826
12.1
■>750,000
>-<•
____
45,908,281
+ 29.7
.
'«■
r.
'■ •'
7.7
50,624,404
94,344,891
14,418,683
Lincoln—
Omaha
13,029,824
56,731,287
122,361,950
;
,
3,381,727
25.6
—
3.8
+ 21.4
20,603,548
District—Kansas
_
47,603,374
+ 17.8
+ 14.3
760,174,599
cities)
+
1.2
5,057,602
6,497,574
_
+ 22.1
+12.1
—
134,736,070
16,056,000
4,236,208
106,365,220
v
•
'
9,675,845
23,457,167
932,869
Hastings
Salt
19,668,125
4,460,886
6,089,520
;
Neb.—Fremont
Port
21,056,255
+ 93.3
133,594,087
1,121,772
Great
Ft.
1,558,205,964
—13.8
227,522
1,699,176
Helena
El
1,831,943,709
2,316,627
.5,171,894
+16.9
—10.0
6,139,550
Mont.—Billings
Total
159,274,279
+ 11.1
■
11,060,269
*
Huron
St.
21,142,230
14,453,573
2,074,000
______
Falls
Tenth
173,485,564
4,150,963,121
19,026,241
439,740
D.—Aberdeen
*
4,852,633,887
1.2
—
+ 12.4
-
D.—Fargo
Grand
Sioux
192,670,203
18.1
+
1,842,564
1,996,073
Falls
Minot
B.
+ 24.7
18,372,500
406,776,902
178,946,939
__
Winona
Fergus
N.
'
480,537,066
Rochester
St.
'
22,909,418
__
Minneapolis
+
5.4
483,083
■
5.9
423,909
1,073,221
756,482
1,115,649
743,401
766,384
757,064
Volume 156
f"'
1
Sale
ural
Brunswick Securities to Maine
Consolidated of New
by
and
of Bonds
Issuance
on
the
practical purposes the two companies are operated as one.
of the two companies is not feasible since New Brunswick
is a Canadian corporation whose properties and operations are con¬
fined to Canada, and Maine was incorporated in the State of Maine, to
which State all its properties and operations are confined.
Maine, all
of
whose securities
are
owned by Consolidated, generates and dis¬
tributes electrical energy to 45 communities and 6,000 farms at retail
and to 22 communities at wholesale.
It is divided' into northern and
southern divisions.
Over 95%
of the northern devision energy is
common!
pledge the stock under the Cengas indenture.
proposed financing will be paid by Hoosier out
Hoosibr's
The remainder is generated at a
in the northern division area and
purchased from the Bangor Hydro-Electric Co., a non-affiliate.
The
southern division is not connected with the northern division, there
being a 30-mile area between the two which is practically uninhabited,.
The southern division, is supplied with power by the Central Maine
Power Co., a non-affiliate, pursuant to contract, and with that gener¬
ated at its (Maine's) hydro plant of 320 kilowatt capacity located in
division
area-
with the exception of
$7,900 principal amount of 6% perpetual debenture stock are owned
by Consolidated and pledged under the Cengas indenture.
Consoli¬
dated will obtain
the release of these securities from the indenture
lien and sell the said securities to Maine for $1,100,000.
In turn,
Maine
will
issue
and
sell
to Consolidated
a
demand non-interesi
bearing note in the face amount of $1,100,000 which will be pledged
Brunswick's
New
All
the
under
proposes to issue
bonds, 3%%
Maine
first mortgage and
$2,000,000
sell
and
.'owed
6%
Consolidated.
notes presently
Indiana
is unreasonable.
price
that
the
and
Sale
natural and mixed gas, At present it sells
industrial and one-third of its domestic consumers.
company is in the process of changing over to natural gas com¬
pletely.
The natural gas is purchased from the Panhandle Eastern
Pipeline Co.,
a
non-affiliate, in accordance with an agreement ;to
furnish all the gas Indiana
requires.
The mixed gas which is .sold
to the remaining customers is manufactured in two plants located at
Muncie and
Anderson.
There is also a standby plant at fylarion.
to all
The
ofjthe
Consolidated owns and has pledged
the aforenamed securities except the
and 1,881 shares of preferred stock.
Consolidated proposes to make a capital contribution of the unpaid
balance of the note and 3,119 shares of preferred stock.
The accrued dividends on the publicly held preferred stock, amount¬
ing to $88,642 as of Sept. 30, 1942, and the expenses of the financing
will be paid out of Indiana's general funds.
■ •: '•. '■■■"•
Indiana has secured
the approval of the Indiana Public Service
Commission to issue and sell the bonds and apply the proceeds in
'the- manner described above.,••
■iO'A'f;-.'
:%
The bonds will yield the purchaser approximately 3.85%: to matu¬
rity,'
We do not find that the price Is unreasonable.
.;
■ : '
publicly
of
amount
the
under
$1,281,000.
all
indenture
Cengas
Series
held
bonds
A
.
'
by
Bonds
of
Issuance
Citizens
''
%^
corporation, all the securities of which arc:;
manufactures gas in Stroudsburg, Pa. and
distributes gas at retail to 2,450 customers in that city and in the
adjoining city of East Stroudsburg, Pa.
The company was incorporated
in 1922 as the result of a consolidation of Stroud Gas Co; and Citizens
Gas Co. of Stroudsburg-.
;■/'■'
Citizens proposes to issue and sell to an insurance company $100,000
first mortgage bonds, 4% sinking fund series due 1962, at 102.
The
proceeds, $102,000, are to be applied to the partial payment (without
premium)
of, first mortgage 51/2% bonds, due July 1, 1987, in the
principal amount of $209,000, all of which bonds are owned and
pledged under the Cengas indenture by Consolidated.
The unpaid
balance, $107,000, will be retired at par in exchange for 10,700 shares
of common stock at stated value ($10 per share) which Consolidated
will pledge under the Cengas indenture.
Citizens is to pay the ex¬
penses of the financing, estimated at $4,874, out of its general funds,:
The Pennsylvania Public -Service Commission has approved the issu¬
ance
and sale of the bonds, the issuance and sale of the common
stock, and the retirement of outstanding bonds.
\
The yield to the purchaser of the bonds will be approximately 3.85%
to maturity.
We do not find that the. price is unreasonable.
- ; :
Consolidated,
by
Issuance
Florida
was
securities
are
Bonds
of
by Florida
Beach
Stjhte
and
serving
distributes
in
gas
in
that
city,
Palm
all a total population of 45,000.
commission.
proposes
to
and
issue
indenture.
The expenses of the financing will be paid by
of its general funds.
has outstanding at present 5,000 shares of no par common
of $10 stated value, which stock is owned by Consolidated.
It
Cengas
Florida
out
Florida
stock
is
of
proposed to substitute for the no par common stock, common stock
$10 par value.
The
selling price of the bonds will yield the purchasers approx¬
imately
3.69%
to
maturity.
We
do
not
find
that
the
price
was
and
incorporated
Sale of
in
Bonds
Indiana
in
by
All
of
major part of
sate
%
,■
Div.—
special
of
dividend
cents
30
of 80
per
This
15.
according
to
Refining
oil
crude
daily
Tulsa,
a
Okla., dispatch, has pur¬
a
capacity to process 12,000
Christi, Tex., together with the
with
Co.
Corpus
at
related properties in Corpus Christi.
subsidiary of Consolidated Oil Corp., will
15, and will take over a Defense
Plant Corp. contract hold by the Terminal company for construction
of a modern
100-octane gasoline plant.
Work on the plant is well
under way.
'■
1
'
•
•
This
purchase, with the acquisition of the Continental Oil Co,'a
gathering system,. and tankage, and construction of a pipe line now
under way, between Corpus Christi and Damon Mound, gives Sinclair
an outstanding position in the Corpus Christi area,
the dispatch added.
Sinclair
payment of a 6'.
,
balance of the
for
(b),
6
the
issuance
Suit Settled for
burg
would
bidding
would
series
Furthermore
a
companies
are
the
located
stances we
with
competitive
Co.,
Gas
A;.'':/.
1941
1940
1939
$5,536,848
$5,285,787
$5,393,008
1,471,009
1,685,445
1,640,445
290,093
269,646
1942
358,448
1,678,039
349,401
revenue..
11,370
11,577
9,793
7,016
earnings.
$7,805,344
$7,575,865
$7,271,118
$7,310,115
Miscellaneous
gross
distrib.
Prod.,
admin.
&
.
5,780,567
5,540,089
5,334,324
5,148,300
$2,024,777
taxes-.-
and
expenses
Net
A_:_':
sales
Merchandise
Total
$2,035,776
$1,936,793
81,584
78,658
84,087
$2,161,815
88,472
$2,106,361
$2,114,434
$2,020,880
$2,250,286
196,594
241,459
"537,347
298,308
$2,302,955
income.
oper.
$2,355,893
1.237,192
$2,558,227
$2,548,594
1,455,520
1,455,520
earnings
Interest
Earnings—
$5,964,516
—
Residuals produced
Delaware
a
corporation,
is
Total
a
income.
net
Mallorca.
It is a
a registered hold¬
ing-company. which in turn is a subsidiary company of voting trustees
under
a
voting trust
agreement^ : these trustees ; being a registered
Dividends
public utility holding company.
Consolidated proposes to acquire
Shares
fund
Transfer from res,
Total
Domingo, Canary Islands and the Island of
subsidiary company of Central Public Utility Corp.,
San
-
1.164.416
Plant &
buildings,
bonds in the !;
Earnings
;,
fore
y*
'paid out of Consolidated's general funds.
the properties! of the nine companies mentioned, for (1) the
general lien of The Cengas indenture against the properties of those
companies, the securities of which are presently pledged thereunder
and for (2)
the senior claims represented by the bonds and preferred
stock of such companies presently outstanding in
the hands of the
.
$1,102,707
$1,093,074
145,552
145,552
145,552
$14,47
$14.53
$13.88
'.v.;,
share
be-',
plant and build¬
renewal fund---
ings,
Comparative Balance Sheet, Sept. 30
,7%..7 777.:;.,; -■•"'77;■ •../■1942
7
Assets—•
principal effect on Consolidated of the several transactions is
the substitution of the several liens securing the proposed bond issues
The
out-
($100 pan-
per
$1,118,700
145,552
$1,138,539
stock
of
standing
~i;
re¬
fund
newal
-
■
the assumed Cengas
principal amount of $7,455,100, composed of the 6% Series in the
principal amount of $2,887,400 due March 1, 1946 and the
Series
in the principal amount of $4,567,700 due Dec.
1, 1946, all of which
are
to be redeemed a.t 102.
The expenses, estimated at $19,916, and
premium will be
of Toronto-
Co.
Gas
registered holding company.
Consolidated controls some 50 subsidiary
companies which render electric, gas, ice, transportation and water
service in 18 states and in the Philippines, Canada, Puerto Rico, Haiti,
call
1942—11 Mos.—1941
$1,006,765 $13,313,463 $10,294,647
1942—Month—1941
of the Cengas Bonds
Acquisition
and
Electric
Consolidated
011
Years End. Sept. 30—
::
.
Consolidated'3
Dec.
on
——' $1,477,716
Gas sales
,
and sales are satisfied
the
the ;
issuances
Stores, Inc.—35-Cent Dividend—
per
156, p. 1688.
Consumers
exempt such issuances and sales from
requirements of paragraphs (b) and (c) of
shall
bidding
rule.
bond
proposed
respect to the
accordingly we
by
of
share has been declared on the com¬
21 to holders of record Dec. 11.
A similar
Dec. 29, last, as against 20 cents on Dec. 28,
July 1, 1930.
cents
Period End. Nov. 30—
Sales
—'V,
scattered
widely
seven
27 approved
16 defendants
the corporation.
Nov,
on
November Sales—
states.
In view of all the circum¬
find that the requirements of subsection (a) (5) of Rule 50
in
Court
stockholders
recovery
Retail
35
payment was made
1940, and 25 cents
sale Of each bond
and the prac*
all deals on the same day and hour is selfbasket bid would probably be impracticable
not similar in kind or character and are,
difficulty in closing
tical
evident.
Supreme
certain
payable
stock,
mon
feasible since the
be
not
of
dividend
Y.
minority
of profits allegedly made by de¬
Consolidated Oil stock in 1928 through
defendants participated. In making the
the defendants denied liability.—V. 156, p. 1688.
which
offer
A
:
N.
$675,000 offer made jointly
by
marketing of
the
in
Consolidated
dependent on the sale of the other six
be
suit
a
brought for
was
in
settlement
stock by Lynchburg
(a) in accordance with
and sale are solely for
under Rule U-50 (a) (5) is sought from the competitive
requirements in respect of the issuance and sale of bonds by,
Indiana; Fiorida, Hougnton and Maine.
The issuance and sale of the
bonds by Citizens, Hoosier and Lynchburg are automatically exempt
from
the
competitive bidding requirements of Rule U-50 since the
proceeds from the respective sales of the bonds will be under $1,000,000.
The provisions of the Cengas indenture are such that all seven bond
issuances and sales must be consummated simultaneously.
Thus com¬
petitive
suit
of
syndicates
Exemption From Rule U-50
;;'7
and
fendants
and have been approved
of Virginia in which State Lynchorganized and is doing business.
;
.
was
•settlement
The
$675,000—
the
reasonable a
fair
in
r
of
Collins
Justice
of financing Lynchburg's business
purpose
refinery beginning Dec.
the
as
by the State Corporation Commission
Plant,
.
1
1941
...
$23 256,021
1.984,522
984,57£
690,461
receivable
interest
(not
121,80f
096.28C
25,480
__
34,04(
154,090
duei_.
Prepaid taxes and insurance
12,453
1,010,915
.
Accrued
•
$23,565,525
—
etc,,
Accounts
$15.4(
•
1,805,686
etc.;
Other Investments
■
Materials,
,
105,821
v ■:!■
"•
■
"
investments in the subsidiary
—$28,558,671 $28,289,017
carrying values less the cash
Liabilities—.
/•"'V' .7..'7, .7'
received.
Any debt securities that are replaced by equity scurities and.
$14,555,200 $14,555,200
Capital stock
^__AA—
any capital contributions not effect a change in. the aggregate carry- '
'A.—
4,517,363
4,713,962
Reserve fund%i-_A^^AA-^-C-_A--77A7%--r7 .'
ing value.
While we shall permit the proposed accounting treatment
u—C
8,352.409
7.747,121
Renewal fund
A—A'wAliii—-'i.
at this time,
we reserve jurisdiction
to make a final determination >.
-i—7
425,715
601,461
Accounts payable
A._ A'--.
with respect to its propriety in the pending Section 11 (b)
proceed¬
291,104
291,104
Reserve for dividends——-———
ings,
However, it should be noted •; that permission of the present
230,651
380,169
Prov. for exchange, Dominion & Ont. Govt, tax
record entries should not be construed as a determination of value of
public..
V,\v;:""
.
Consolidated
companies
,
to
proposes
its
carry
aggregate
present
the
at
1
_
Bank
of the properties or securities involved.
The
Cengas indebtedness and the publicly
any
held' securities of the
subsidiary' companies directly involved in the transactions heretofore
discussed, which are to be redeemed or retired, have an aggregate
principal and par value of $9,242,700 with annual interest and div¬
idend
$513,485 equivalent to an aggregate average
proposed bonds in the aggregate principal
$9,400,000 will bear annual interest of $367,750, equivalent
5.56%.
of
of
The
aggregate average
an
dated
owns
fixed rate
of 3:91%,
Furthermore, Consoli¬
securities of the subsidiary companies
senior
in the aggre¬
gate face and par amount of $9,772,532 with annual interest and
dividend requirements of $533,814, equivalent to an aggregate average
rate of
fixed
5.46%, which securities will be eliminated.
Of course the
effected through the refinancing will be substantially
reduced because of increased taxes and amortization of bond expense.
What has been said with respect to the effect of the proposed trans¬
actions on Consolidated
may be said
to apply in large part to the
interest
savings
position of
which
are
secured
part
in
by
a
second lien
securities
of
this
transactions,
lien
subsidiary
such
will
on
the
subsidiaries'
Total';.--1-—-—
companies
,
which
will
then
be
owned
by
effect
desirable
results.
The redemption of the assumed Cengas bonds will simplify
the corporate structure of Consolidated and of the Consolidated system
in that not
only will the Cengas bond issue be eliminated but the
subsidiaries whose securities are presently pledged under the Cengas
indenture will be freed from the burdensome restrictions of that in¬
denture.
These restrictions, which bar the issuance and sale of secu¬
rities of such subsidiaries outside Che system, are obviously such as
would seriously hinder any attempt upon the part of Consolidated to
several
The
will
transactions
a
dispose of, or appropriately to recapitalize any of such subsidiaries.
the elimination of these onerous covenants is an essential step
any
Section
program
11
Act.
of the
Intra-system
stock
and
of
debt
will
the
of
of
be
system for compliance with the standards of
Other objectives attained are readily apparent.
the
the
related
will
their
be
subsidiary companies directly Involved to
and such elimination will, in part, be
eliminated,
through capital contributions and acceptance of equity
Consolidated in lieu of debt securities.
The capitalization
be simplified.
Two functionally interand interdependent operating companies, HoughtOn and Baraga,
operating companies will
merged.
Two
other
p.
Gross
Power
7^------
revenue
Operating
—
Prov.
for
—
1,624,510
1,676,278
V ,;7.'7". 7
18,771,517
18.826,848
561.040
561.040
6,794,976
6,082,070
taxes
269,076
315,750
general
Prov.
for
Fed.
Prov.
for
817,592
3,257.005
3,666,970
17,249,742
3,794,335
$1,211,667 $12,660,902
523,724
deducts.—
389,306
376,771
4,617.883
$14,135,423
4,543,684
—
$758,091
I$834,895
$8,043,019
$9,591,739
stock__-
285,389
285,389
3,424,816
3,424,816
65,278
other
&
tax)
3,280,916
(3,313,281
tax)
prof,
exc.
inc.
65,278
783,339
783,339
$3,834,864
$5,383,583
$1,147,397
income
Gross
1941—12 Mos.—1941
1942—Month—1941
$4,288,459 $52,071,334 $49,762,660
$4,419,614
deprec.
amortization
Int.
Co.—Earnings-
and
A—-
expenses
for
Prov.
$28,289,017
1593,
Consumers
operating companies similarly related in
will be corporately bound
operations, Maine and New Brunswick,
income
Net
Divs.
pref.
on
Amort.
of pfd.
stock ex¬
etc.
pense,
number of "highly
Thus,
in
154,
Period End. Oct. 31—
secu¬
Upon, consummation of the
become a first lien upon the
pledged under the Cengas indenture.
rities
$28,558,671
Collateral Trust Gold Bonds
the holders of Consolidated's
proposed
186.224
advance '■
-V.
of
requirements
rate
fixed
Consolidated
its debt-securities are owned by Consolidated.
The
company purchases and distributes natural gas in three municipalities,
Vincennes,
Princeton, and Washington, all located in Indiana and
the
the
of
$47,000 or
156, p. 1235.
Pipe Line Co. and all
Refining Co., a
Mar
securities by
its
a
dividend
stockholders "of record Dec.
to
Terminal
of
operate
pledged by Consoli-
the unpaid
to
As
provisions of Section 6
from the
Section
of
un¬
Hoosicr
1925.
declared
8
regular quarterly
28
corporation,
the
barrels
accomplished
Issuance
Hoosicr
Dec.
on
the
chased
and sale of the bonds and common
issuance
is
reasonable.
trustees
and
This
■
Consolidated.
sell $1,400,000 first mortgage bonds,
4% sinking fund series due 1962, at'102%.
The total proceeds, $1,435,000, are to be applied to the partial payment of the 6% notes, in
the aggregate amount of $2,100,500, owned and pledged by Consolidated
under the Cengas indenture.
The unpaid balance of the notes, $665,500, will be discharged by the issuance of 66,550 shares of common
stock at $10 par value.
The common stock will be pledged under the
Florida
of
fee
Consolidated Oil Corp.—Acquisitions—
V
>
and
terms
to
incorporated in 1924 in the State of Florida.
All of its
owned by Consolidated.
It manufactures gas in West
total
,
1962, at 101 to three insurance companies,
Cengas1 indenture.
the
exempt
amount
Beach and Lake
The company has
a
hydro-electric plant at Fernandina and diesel plants at Marianna
and
Blountstown,
In addition power is purchased from the Gulf
Power
Co., a non-affiliated company.
Electric energy is distributed
in 14 communities with a total population of 18,000.
The Palm Beach,
Fernandina, and Marianna service areas are each separated from the
other two by about 400 miles.
Florida also operates water systems in
two
communities and manufactures and sells ice in 26 communities.
All its operations are confined to the State of Florida. The company
Is
not
subject to regulations as a public utility company by any
Palm
Worth,
Lynchburg
to
against
Citizens, a Pennsylvania
owned
3.93%
Htate
the
and
population
principal
,
its general iunds.
r-'".
Corporation Commission of Virginia has approved the
sale of the bonds, application of the proceeds therefrom,
the issuance and sale of common stock.
%
of about 160,000 is served.
The company proposes to issue and sell $3,750,000 first mortgage
bonds, .4'/ sinking fund series duti 1962 at 102, to five insurance com¬
panies,
The proceeds, $3,825,000, are to be applied as follows: $197,503
to the redemption of 1,881
shares of publicly held preferred stock at
105; $1,675,000 to retire Series B bonds at par; $633,065 as a payment
on account of a 5 V note in the face amount of
$1,625,000; $1,319,430
to redeem on March 1, 1943 publicly held Series A bonds at 103 in the
natural
a
by
Bonds
face amount of $889,800, owned and
under
since
was
where
of
proceeds of $505,000 are to be applied to part
-
originally contemplated that the changeover from mixed to
gas would be completed in two years, but the difficulty in
securing materials may prolong the changeover period,- Operations
are
confined to seven counties in the northeastern part of Indiana
It
negotiation
the
a
,
pro-
Exemption
All of its
in
receive
cents per
share, both
is the only
special dividend to be paid this year.
.
.
f
Special dividends paid during 1941, in addition to the regular quar¬
terly payments of 30 cents per share, were as follows: Mar. 15 and
June 16, 10 cents each; Sept. 15, 20 cents; and Dec. 15, 70 cents,—
V. 156, p. 339.
'
,■
: /• ,,
.
; ;
,
1
bidding
It is engaged in the manufac¬
to
,
The
ture, distribution and sale of
natural gas
Sale
and
Issuance
are
the
is
.
sinking fund series due
and
;
incorporated in the State of Indiana in 1888.
was
The
Lynchburg was incorporated in Virginia in 1928.
All of its secu¬
a]-e owned by Consolidated. The company manufactures and
distributes gas in Lynchburg, Va. and environs with a total population
of -about 45,000.
The company's manufacturing plant has a capacity
of' 2,300)000 cubic feet a day.
The plant"was1'largely rebuilt five or
rities
Tne
Indiana of First Mortgage Bonds
by
stock is owned by Consolidated.
common
the
participated
and
of the principal amount of the bonds sold.—V,
share
burg out of
•
Issuance
application, of
the
to
I','
issuance
the
find
not
bonds,
11,
Corp.
issues
bond
payable Dec.
$1*44,518 thereui will be satisfied by the issuance of 2,890 shares
ox no par common stock at stated value (approximately $50 per share),
which will ne- pledged unuer the Cengas indenture, and the remaining
$240,282 due on trie note will be surrendered as a capital contribu¬
tion.
1 he expenses of tne proposed financing will oe paid by Lynch¬
issuance and,
sale of
issuance and
sale of the purchase price note, and acquisition of the New Brunswick
securities.
'i
i"1
The bonds will yield the purchasers approximately 3.65% to maturity.
do
the
of
bond purchasers will be approximately
We do not find that the price is unreasonable.,
yield
maturity.
dated
above described transaction, to wit,
the bonds, application of the proceeds therefrom,
We
Tne
note
in
the aggregate amount of $1,492,799,
but .also the
purchase price note.
The balance-of the - indebtedness,
$592,799, will be contributed to the capital of Maine.
The remainder
of the proceeds will be used to pay the expenses of the financing.
The Maine Public Utilities Commission
has approved Maine's par¬
.
shares of no par
Consolidated will
The expenses of the
of its general funds.
Indiana,■'
'■The
$1,100,000
ih
sale
and
issuance
Section
Boston
Consolidated Investment Trust, Boston—Special
yea lis ago.
Lyncbjburg proposes to issue and. sell $500,000 first mortgage bonds,
outstanding
ticipation
1%
and issuance and sale 01 additional common stock
been approved by the Public Service Commission of the State of
have
4%
sinking fund series due 1972, at 101%, to
Of the total proceeds of $2,035,000,
will
indebtedness
of
note,
applied to the indebtedness
not-only include 5% and
will "be
$2,000,000
This
companies.
insurance
seven
six
indenture.
Cengas
collateral trust
three
sfecurities
outstanding
first
all
therefrom,
ceeas
be
under
The
issuance of 14,141
($25 per share),
' nqtes will be paid by the
stock at stated value
come
desirable
and pledged by Consolidated under the Cengas
unpaid balance of the 6% ten year subordinated in¬
The
facilitated.
However, nothing contained in this
.construed as a limitation in any manner of our
greatly
should
of
owned
are
indenture.
purchased from New Brunswick.
1,500 kilowatt hydro plant located
that
bonds
Line
merger
be
opinion
jurisdiction with respect to any other or further action which we may
hereafter find,
in
any
appropriate proceeding, to be necessary or
[company's securities with the exception of the Newton Pipe
the
All
air
For
A
should
proposes to issue and sell-$350,000 first mortgage bonds,
4% shilling fund series due 1962, at 101.
The proceeds, $353,500, are
to be aiiplied
(a.) to redeem $38,500 of assumed Newton Pipe Line Co.1'
4%
bonds at par;
ib)
to redeem $87,500 first mortgage bonds 6%,
due Sept. 1, 1945 at par; and (c)
to'reduce by $227,500 6% ten year
subordinated income notes in the aggregate face amount of $581,032.
owned
the presence of the International boundary line
of opration will'permit.
In general,'the
as
system will more nearly approach corporate, economic
and functional simplification, and, through the recapitalization of the
several
subsidiary companies and their liberation from the present
indenture
restrictions,
the
ultimate disposition of such companies
Consolidated
a
Hoosijr
a Canadian
corporation, all the common stock of
by Consolidated, owns and operates a hydro-electric
Aroostook River in the Province of New Brunswick,
Canada.
It serves some small communities in * and about
the town
of Aroostook.
The remainder, of its electric energy, which is about
90% of the amount produced, is sold to Maine.
:
is
plant
closely
as
their respective areas
between
sources;
Co.,
Guh
Indiana.
by Maine
Brunswick,
which
total
a
lrom;t\4o
'
New
together
population of approximately 35,000.
Gas is obtained
II) purchases under contract with Kentucky Nat¬
non-aftiliate, who has agreed to supply Hoosier with
all its gas requirements, Hoosier to buy a minimum of 350,000 cubic
feet a day; and (2)
purchases from numerous individuals in the sur¬
rounding area.
Hoosiers' operations are confined to • the State of
having
(Continued from page 2096)
•
Houghton bonds will yield a return of approximately 3.71% to
maturity to the four insurance company purchasers.
We do not find
that the price is unreasonable.
;"
The
2127
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4133
-
$407,424
Balance
—V.
156,
p.
$484,228
1604.
Department
Continental
Stores,
Inc.
Debentures
Called—
The
of
Guardian
Holders
time
and
of
(as
will
ment
p.
has called for redemption as of Jan. 1, 1943, a total
5% sinking fund debentures, dated Jan. 2, 1934, and
extended) on July 1, 1946, at 102 and interest/
Pay¬
be made at the Union Guardian Trust Co., trustee, Union
Bldg., Detroit, Mich.
of the called bonds may present them to the trustee at any¬
receive payment of 102 and interest to Jan. 1, 1943 —V. 143,
company
$100,000
maturing
1872.
Inc.—Dividend Again Decreased—
Coty,
A
dividend of
stock,
each
on
10
cents per share has been declared on
the common
$1, payable Dec. 28 to holders of record Dec.
with 15 cents per share paid on May 15, last, and
May 3 and Dec. 2, 1941.—V. 156, p. 1046.
par
compares
15., This
25 cents
THE COMMERCIAL & FINANCIAL CHRONICLE
2128
Total
1941
$956,554
$952,297
$771,590
$483,511
losses
19,145
86,382
45,675
36,284
141,546
134,603
130,348
202,446
193,370
170,782
123,304
166,818
94,859
65,038
45,029
Taxes,
exps.—salariesincl. Fed. inc.
Bonus
employees &
contrib. to empl. trust
All
other
Net
40,432
198,223
156.967
110,235
$204,428
$202,778
$90,668
$211,523
$202,778
$90,668
21,000
21,000
21.000
21,000
70,360
87.950
52,770
share.—
per
$102,573
$1.35
$1.50
filed
$129,008
$1.29
$55,596
$0.43
$148,220 in
Consolidated
Assets—Cash,
oquity
in
notes
and
depreciation),
receivable,
taxes, $163,014;
accounts
without
receivable,, $4,965,619;
$281,437;
recourse,
total,
other
automobiles, $11,285; other
industrial bank charter, $1;
$10,316;
should
30,000
trust
debentures
$2,925,000;
notes,
reserves
accruals,
*$350,000;
stock
common
f$351,800;
$2.50),
(par
Sept,
surplus,
capital
$167,593;
total,
includes
154,
tOutstanding,
140,720
The
said
''untrue
determine
to
stock
what
registration
to
"that
believe
the
under
statements
five
to
be
offered
at
Dec.
a
the
registration
Securities
of
material
Act
facts
of
directors
of
37V2
cents
to
or
explain
"The
on
1,
Oct.
to
failure
schedules
all
primarily
Regulation
financial statements
fair
of
value
of
the
Corporation
West
Wilmington,
St.,
to
in
engage
year
organized
the
This
company,
with
operation
since
Principal office,
Del.
Corporation intends to organize
personal finance business.
During the
Finance
Co.
(incorporated in Florida).
organized in Delaware Jan. 5, 1942.
was
10th
subsidiaries
the
Crown
offices
Preferred
stock,
in
located
Orlanda,
been
has
Fla.,
initial
net
class
Nov.
A
funds
shares
3
cents
placed
used
be
share
per
.—
shares
Int.
of
to
156,
which
p.
payable
tribution
cents
Divs.
until
D.
1942—12 Mos.—1941
the
L.
&
156,
lessor
to
2,834,451
Graham
1,103,503
—
58,134
55,991
708.703
677,162
res. approp.
121,985
82,574
764,450
419,306
50
—
$2,217,232
to
$179,852
$2,217,936
ments
$2,604,470
mortgage bonds
46,667
46,667
560,000
to
this
issue
March
on
25,
during
last;
since.
were
as
follows:
50 cents.—V. 156,
1941
,
55,432
1,591
180,685
22,043
$131,594
$1,477,251
$2,022,427
the period—
507,386
507,386
$969,865
$1,515,041
$121,258
income
applic.
pref. stocks for
to
Di
of
At
be
$3
1942
1941
$778,700
(Including
pro-rata
monthly
Operating
Dividends
$63,801
Subs.)—Earnings—
*Federal
$4,322,227
This
(net)
;>
256.981
2,799,147
(net)
40,059
6,031
210,928
26,029
17,556
13,029
173,319
167,404
...
102,665
47,148
509,570
Inc.
Prov.
notes
90,155
Rent
for U, S.
328,320
$21,738
$43,010
$629,263
&
27,530,429
2,527,064
2,420,936
_—
3,807.495
4,008,382
—
48,750
79,403
2.061,099
2,005,583
1,938,278
2,000,091
6,502
15,505
177,060
31,985
45,483
taxes
Minority stockholders' equity in earnings—
Net
profit
share of
Notes—(1)
of
—
$3,594,048
$15,236
$27,505
$452,203
Int.
25.667
plant
income
—
25,666
income
$40,902
deductions
$27,505
$477,870
$1.00
$1.45
—
common
The net profit
income
23,515
282,172
includes
net
16,764
includes
the
U.
and
Government
months
of
after
debt
becomes
currently
not
in
current
The
United
the
excess
fiscal
one
this
after
Government excess
elimi¬
profits
tax
bearing,
non-negotiable
bonds
within
full
hostilities
available
the
the
in
$ept.
cp
present
In
war.
the
$2,035
$178,934
of
to
total
for
Canadian
($8,196
Canada
year
Canadian
Excess
profits
excess
dollars)
Profits
Tax
includes
tax
according
which,
Act
of
$7,376
1940,
will
to
be
no
credit,
provision for issuance of bonds
for
nor
participation
any
in
respect
such
in
credit
prior to the cessation of hostilities.—V. 156, p, 1235.
(1)
due
following securities have been
All
1966,
(2)
1960,
All
on
of
the
on
Jan.
ferred
All
1943,
at
of
stock
the
on
the
on
1943,
at
39,335
Jan.
105(4
Jan.
15,
and
1943,
at
at
mortgage
amount
Dec.
also
been
the
latter
cash
The
income
to
should
payments
cover
dispute
taxes on
involves
whether
dividend issued
the
them.
pay
of Valley Railroad Co.,
another
asking contributions of $2 per share from
help
to
defray the
of Valley RR.'s
costs
156,
2036.
p.
to
bonds
redeem
of
May
declared
be
made
Dec.
—
——
required
by
the
Revenue
bonds
tDeficit.—V.
1942.
of
first
mortgage
120
and
shares
110
and
of
6%
4%
bonds due
cumulative
dividends;
of
5 47;
dividends.
pre¬
profit
cumulative
pre¬
of
record
Dec,
three
1941.
7,
1942
1941
1940
$2,117,465
$1,870,013
57,051
74,904
55,848
1,524
sales
429
19,484
$2,192,798
$1,945,345
of
received
taxable
as
distributions
303,130
capital
on
2,322,864
from
$981,347
of
Total
Other
137,686
receivable
for
interest
$732,105
36,527
29,681
securities
15,658
14,742
—
330
Depreciation
1,597
leases
purchased
$18,121
58,196
own capital stock purchased———
payable for accrued expenses
75,114
201,936
holders
Provision
contingencies
income
T.
in
F.
$313,044
$205,111
$95,390
73
$95,317
Sheet,
Sept.
30,
banks and
in
Government
hand
on
tax
receivable
$924,522
—
—
notes.
225,526
(net)
Prepaid insurance
drive
"A
;
___
6,605
______
!
—
taxes,
payable
which
of
taxes
37,700
1942)
6,222
unemployment tax—
4,687
.
19,197
(1941)
liabilities
reserves,
(The
cumulative
abandonments,
Derby
Oil
taxes,
3,295
——
729,456
_r_
stock
50
with
p.
payable
Feb.
15
to
business
organization.
part
of
our
year
suitable
The
for
contracts
packaging
division
at
present,
and promises
to
meant
treble
over
in
million
a
volume
dol¬
next
year.
the
at
rate of
million
a
dollars
month,
a
156,
com¬
have
1324.
p.
of bullion Output—
1942—Month—1941
$535,937
1942—11 Mos.—1941
$646,792
$6,054,409
$7,139,094
holders
convertible
of
record
cents
cents
Dec.
on
share has been declared on' .the
per
payable Dec.
was
made
15,
on
21
1941,
holders
to
this
issue
and
$1
of
record
common
Dec.
11.
A
June
on
29, last, compared
July
on
15,
1941.—V.
156,
2037.
Dri-Steam Products, Inc.—Notes Called—
The
of
on
of
$5,000
$1,000
account of accumu¬
preferred stock,
Feb.
1.
no
par
Distributions
value,
of
like
has called
company
$15,000
numbered
office of
5%
of
8
to
each
inclusive
and
each),
the
for
convertible
14,
at
Nos.
105
notes,
as
series
8
and
11,
12,
13
10,
and
corporation,
redemption
(Nos.
9
of Jan.
and
14
Payments
interest.
559 West 35th St.,
2,
1943,
total
a
B, dated July 15, 1941,
being in the face amount
in
the
will
face
be
amount
made
at
the
New York, N, Y,
Duplan Corp.—To Pay 50-Cent Dividend—
A
share has been declared
cumulative
75
par value,
no
of
711,544
$4
war
our
minimum capital expenditure."—V.
a
similar distribution
$4,604,572
the
has
wire
dividend of
stock,
Accumulated Dividend—
on
said
a
Dresser Manufacturing Co.—75-Cent Dividend—
A
350,157
Total
lations
3
Over
aircraft, welding cables, navy cables and
shown a steady growth all year.
operations,
only
discuss
year
of
2,805,817
per
effort.
for
production—
—V. 156, p, 1772.
164,696
etc
Co.)
preferred stock
surplus
of $2
Dec.
on
war
find
to
Dome Mines, Ltd.—Value
147,633
Earned surplus
dividend
stockholders
the
49,947
J
anticipated income taxes and contingencies-
interest
dividend
this
insulation
Period End. Nov. 30—
Value
85,829
—
Provision for social security and
Provision for capital stock tax
Miscellaneous
started
was
cannot
we
business
"Current
$217,847
r_—
etc
(December
income
to
widely in
$4,604,572
payable
payrolls,
for
letter
a
new
munication
Liabilities—
for
in
shared
for
•involved
8,895
Total
Common
has
intensive
an
alone,
2,856,211
2,661
;
—
advertising
Provision
company
430,151
————
___
Miscellaneous deferred charges
Provision
Cleveland—Operations—
Dobeckmun technique permits the replacement of metal
household shortening at no greater cost and with
materially
sales appeal.
"Laminating capacity which has been increased by modernization of
equipment is today devoted nearly 100% to war business.
One item
150,000
——
(net)—
Inventories
Deferred
Co.,
President,
.
Electrical
Cash
Dividends
86,229 shares of treasury stock.—V. 156, p. 1415.
greater
lars
1943
Assets—
Accounts
Dolan,
part:
"The
v
256
Accrued
par value of
Dobeckmun
business.
inter.
Balance
1,374,634
■
74,120
$312,788
Deferred
1,386,523
$46,250,737 $45,304,031
—————
♦Less,
37,665
8,836,504
34,919,244
—
Total
ago
151
Consolidated
17,806
*9,128,797
35,678,543
.
142,003
—
minority
and
;'
the equipment and varied skills of
resulting are today a substantial
$204,959
to
State
„i_— —'
—
45,000
and
—
before minority
assets
stock,
—
35,308
interest—
Fixed
capital
taxes
29,522
Net income accrued to corporation
Accounts
Federal
——
cans
,
for
miscellaneous
87,500
non-prod.
Provision for Fed. incbme taxes
Applicable
11,212
Capital stock (par 25 cents)
Capital surplus
Earned surplus
194,559
$794,675
foreign stock¬
32,531
rents
and
development
$46,250,737 $45,304,031
——
157,500
leasehold
Surrendered
2,908
30,235
29,475
59,668
$456,279
10,908
86,956
198,166
—___
~12~866
64,929
——
19,809
79,106
$814,746
stocks-
capital
10,046
13,703
18,147
26
!
3,060,672
46,463
17,809
$422,967
——
2,648,191
accrued
sold
Payable for
34,889
$761,785
Depletion
1941
Accounts
$388,078
$799,062
—
31
13,295
and
on
109,049
(net)——
Oct.
of
subscriptions to
Deferred charges
149,876
111,557
assets——
income
charges
2,179,872
Sheet,
1942
dividends
$647,003
117,700
$762,534
—
sale
2,318,015
losses.
$43,529,923 $42,115,812
$2,500 certificate
Receivable
2,559,994
operations-
income
Gains
$1,564,638
—
and
Receivable
$3,206,997
2,853,812
_____—
from
380,707
$1,839,358
stock—
Payable for securities
130.084
operating revenue
353,440
$1,981,021
income
Liabilities-
$3,835,159
$1,010,319
—______
the
on
$2,225,576
from
deposit, held by
Guaranty Trust Co. of New York, trustee—_
1940
administrative expense
and
Other
A
and
1947.
each
$2,284,151
Total
1941
$3,873,845
2,863,526
sales—————.
Profit
$4
1,
$1.50
Assets-
156,
1942
expense
Miscel.
S.
next, $1,640,500
Earl Fruit Co.
May
of
holders
;
interest;
shares
to
dividends
proceeds
Investments
t$80,756
$152,033
-
Act
discount)-—-——.
(less
of
Net
mature
dividends
16
♦Excluding security profits and
103,901
9 Months Ended Sept. 30—
Sales
28,
subsidiary,
and
three
Dec.
on
former
a
1937,
1,
dividend of $3 per share will be paid on Dec, 28, and
share on Jan. 20. both to preferred stockholders of
This will wipe out all accruals on. the senior issue.
18.
cash
Dividends
1862.'
p.
Capital
3 V2 %
interest;
outstanding
1943,
first
and
outstanding
15,
19,700
105
for redemption:
called
outstanding
of the $1,494,000 outstanding
April 1,
(3) All of
ferred stock
(4)
$9,275,000
5,
aside
settled.
Expenses
adjustment of $13,215 to adjust tax provisions to the
♦Includes credit
Minority
Cumberland County Power & Light Co.—Redemptions
The
has
1943,
155, p. 2365.
Cash
Balance
1942,
after (he cessation of hostilities in the present war.
law makes
post-war
putting
pay
voted
fund
will
securities
$23,145
26,901
$23,281
event
the post-war credit
thd^extent of 40''- of such retirement,
po.^w'ar credit made available during
1.
year.
dollars
Dominion
The Canadian
of
of
subsequent
of
$581,954.
of the excess profits tax.
These
post-war credit, will mature serially at specified
a
provision
States
refunded
certain
States
of
according to the Revenue Act of 1942,
of its domestic subsidiaries will receive
payment in
retirement
but
(3)
which,
cessation
the
United
subsidiaries
non-interest
after
bonds, representing
dates,
for
for
$156,740,
corporation
S.
three
Canadian
of
provision
2,
President
is
Interest
24,781
stock for the period__
to pref.
U.
provision for Canadian provincial taxes on income.
The
Jon.
282,180
1,955
V
_____
_
applicable
of Canadian subsidiaries, after deductions
nating
(2)
quarterly rental of
Ry. Co. stock¬
Western
Preferred—
on
issued
per
Cash
minority stockholders' equity, was $373,905.
The consolidated
profit shown above for the corresponding six months last year
profit
Pay¬
L.
have
a
$1.50
Net
$330,106
23,507
Cr5,886
_——
mortgage bonds
on
Divs.
necessary to: convert the increase in working capital for
months ended Oct. 31, 1942, to equivalent United States dollars,
a
&
for
1,041
of
income
Other
and the
net
is
been
company
D.
were
addition,
♦Net
exchange
the six
total
a
RR.—Rental
the
pay
scheduled
Years Ended Oct. 31—
$329,065
lease
for
Operating
$4,611,770
stock—______
——————
per
1943,
186,063
revenues
Undeveloped
inch
income taxes,
Canadian
—
Earnings
W.
has
should
line,
the
sinking
Income—Cash
$515,128
Other
842.702.077
28,048,938
_
i
to banks—
payable
profits
to
Lackawanna
Total
46,153
234.465
/_
surtax
Excess
of
& W., as lessee, to pay Valley RR.'s Federal
explains that Valley RR. has no funds of its
Lackawanna, under terms of the lease, makes all pay¬
dividend
531,738
———————A'———$42,057,657
expenses
on
of
directors
of
363,905
oper.
1941
457,283
_—__
—
Products,
of goods sold————
Depreciation and depletion
,i._—
Interest
on
1941
Dividend Shares, Inc.—Earnings—
2,360,976
———
retire, res. approp.
Prop,
Profit
__—
Cost
Operating
&
whether
or
payment
In
$3,433,442
___
218,412
expenses
taxes
General
1942
Fibreboard
income
for
1942—12 Mos.—1941
1942—Month—1941
(
Total
total
a
cumulative
—V.
$327,630
taxes
Other
Selling
Subsidiaries)
Canadian
$41,275,754 $41,795,806
income
from
were
shares
Woodruff
bonds
one
Co.—Earnings-
$438,999
revenues
Operating
Gross
etc.
income
making
Western
allowed
was
Woodruff,
directors
record
Dallas Ry. & Terminal
Increase
-
Sales, net of returns, discounts, allowances, out¬
freight,
25,
&
Tax withheld on div. payments to
6 Months Ended Oct. 31—
operating
dividends
common
participating preferred stock, one each for the
six-month periods beginning Jan. 1, 1940, and
ending June 30,
adjusted in the months of November and December.—V. 156, p. 1862.
tax
Cost
Crown Zellerbach Corp. (&
ward
other
the
on
Giorgio Fruit Corp.—To Redeem Bonds—Declares
5(4 (/b
The
(Including The Derby Oil Co.)
1950.
Miscellaneous
L.
All Dividends
credit adjustment of $77,330 to adjust
provisions to the amount required by the Revenue Act of 1942.
Oct, 31. 1942, there remained a net overprovision of $154,661 to
*Includes
none
$842,501
—
Other
share
per
1324.
Balance
and Dec. 22,
.
'
p.
No
12.
cents
directly to stockholders.—V.
560,000
deductions
&
1688.
p.
November-
of
Dec.
40
March
on
which
leased
compel
Mr,
since
own
658
______
Derby Oil & Refining Corp.—Earnings—
156,
cents
year.
paid
p.
lessee,
C.
stockholders
suit
$2,603,812
704
$179,852
$223,307
revenues-
156,
D.
Lackawanna
Crown Drug Co.- -November Sales Up 8.19%—
Month
50
1772.
question
roads
$7,638,234
1046.
—V.
record
this
Lackawanna
as
1,326,384
The
holders
28
on
Payments on the common
stock
April 30 and Aug. 12, 25 cents each,
Sales
of
Up—
tax
W.,
2,877,409
Balance
share has been declared on the common
of record Dec. 16.
A—similar dis¬
per
Dec.
made
was
dividend
a
stopped by the Circuit Court of Appeals on a question of taxes.
It is
the second payment which has been
stopped by the court, the first
having been, prevented in October.
the
1861.
$223,357
int.
Gross
the corporation are: Charles H.
Vice-Pres. and Sec.; George R.
Springer,
Treas.—V.
and
25
cents
Payment,
$7,894,178
income
on
Net
dividend
of
a
135,305
income
Gross
business.
George J.
Vice-Pres.
class A
the
paid on
was
Crown Cork & Seal Co., Inc.—25-Cent Common Div.—
p.
1,
regular quarterly dividend of 31(4 cents
convertible preferred stock, both pay¬
company will not be
share to New York
$1.25
holders.
260,558
...
oper.
Other
Net
by the corporation from the sale of the
in the general funds of the corporation.
supply capital to subsidiaries engaged in
The present officers and directors of
President;
30
Delaware
$714,280
taxes
the
stock
156, p.
S-X
19,601
1942.
received
are
will
of
30,
personal finance
stock,
20,
declared
2
company
purpose.—V.
239,890
—_
taxes
retire,
140,000 shares issued for $10,000 cash.
proceeds
Such
*1,000,000
flOO.OOO,
_____
issued for $12,000 cash, included in the 33,000
dividend
stock
and
$662,917
revenues
expenses
*Federal
in
50,000
stock, class A (par value $1)——___
stock, class B (par value 25 cents)
.*5,000 shares,
A
and
July
at par and
Payment will be made at the City Bank Farmers Trust Co.,
William St., N. Y. City, out of sinking fund moneys available for
that
including sub¬
stock
common
1942—Month—1941
Period End. Oct. 31—
(voting)——
value
par
no
offered to public.
Brown,
last,
cumulative
holders
to
Meanwhile,
1942.
August,
Shares
Dowd,
Dec.
company has called for redemption as of Jan, 1,
$18,000 of 4Yo" mortgage bonds,
due July 1, 1949,
22
Dallas Power & Light Co.—Earnings-
Capitalization
the
15,
interest.
registrant.
for $134,545,"—V.
purchase
to
5%
the
ment Held
by
required
departments
as
the
disclose
to
30,
The
Period End. Oct. 31—
Net
Co., Inc.,
New York, announce the sale of 33,000 shares of com¬
mon stock Class A (par value $1) at $3 per share.
The
Sept.
made; April 1,
$2.—V. 156, p. 1149.
The
of
exceptions
consolidated
file
to
operated
"The
Other
Crown Capital Corp.—Stock Sold—Hodson &
An
and
Dec.
on
the common
year
The
common
and
1
were
Dayton Union Ry.—Bonds Called—
as
omission.
this
failure
registrant has agreed
Net
share
per
2 to holders of record Dec. 19.
share paid each quarter from Jan. 2,
1942.
Previously the company paid
40 cents per
including
and
dividend
a
quarterly dividends of 50 cents per share.—V. 156, p. 1468.
Common
JUly
payments
$2, payable Jan.
par
This compares with
to
declared
have
stock,
common
Common
each;
the
cents.—V.
state¬
1933,
omits
and
proper.
include
to
24
70
the balance sheet of
statement
failure
"The
Dec.
on
further
covered
facts
took
on
Last
to the section of the state¬
the company alone, declaring
that at the hearing it would wish to know the reasons for:
"The failure to include required financial statements as part of the
Cream of Wheat Corp.—Dividend Rate Reduced—^
100
following
stock and
common
share
able
state¬
statement
The
9.
Dec.
on
preferred
reason
untrue
dealing with
directors
the
per
registration
a
taxes.
1941,
$1
28,
this year.
15 of
share.
company
Commission
ment
Other
1413,
p.
SEC
on
required to be stated therein and material facts
to make the statements therein not misleading."
Prop,
$2.50 par value.—V.
the
that
included
17
hearings
started
a
had
the
material
state
it
by
Operating
$6,034,671.
♦Outstanding, 3.500 shares of $100 par value,
shares of
The
March
on
the
30,
paid
Nov.
on
that
be
$100
Operating
$482,871;
The
items,
27
believe
to
cause
participating
of
said
filed
amended,
surplus,
earned
of
price
SEC
The
within
due
$60,689; reserve for
withheld, $30,072; reserves for losses, $121,651;
and
of
accuracy
company
taken
be
shares
maximum
deferred income, $340,544; reserve for discounts sold (contra), $281,437;
debentures (net), $690,000; 6% cumulative preferred stock (par $1001,
the
1941,
Davega Stores Corp.—50-Cent Common Dividend—
Facts"—
facts."
sidiaries
$6,034,671.
accounts payable
the
ordered
furniture and fixtures, and automobiles (less
$28,515;
$32,951;
$70,000;
year,
sold
Sept. 30, 1943
repossessed
$46,551;
Liabilities—Collateral
one
and
notes
receivables
accounts
deferred charges,
Sheet,
Balance
$657,998;
discount
receivables,
$73,619 in 1941; $41,380 in
1942;
+On 140,720 shares of common stock, par $2.50.
$22,438 in 1939.
by
and
reasonable
Commission
necessary
♦Income taxes included:
veracity
had
of. material
14,072
$140,460
it
ments
ment
Surplus
tEarnings
the
that
1
action
$231,820
—
dividends
Common
current
and
made
were
payable on Dec.
During
SEC Says Registration Includes
—
The
7,094
—
dividends
Dec.
statement
income__
income
Preferred
Challenging
194,779
income—_
Miscellaneous
1940;
is also
for
"Untrue Statements of Material
;
$231,820
expenses
oper.
Net
amount
the
at
trustee
Curtiss Candy Co.
to
Oper.
time
and
the
of
any
any
stock
77.991
for
ol
above-mentioned securities may deposit the
Old Colony Trust Co., transfer agent for
the
bonds, 45 Milk St., Boston, Mass.,
and will receive payment at the full redemption price.—V. 156, p. 2036^
the
borrowings
Provision
Cost
■
1939
of
at
Same
1940
1942
income
Holders
(& Subs.)—-Earnings-
Contract Purchase Corp.
Years End. Sept. 30—
Monday, December 14, 1942
dividend
of
mon
stock,
This
compares
30
cents
no
each
50
cents
per
par,
payable
with
40
on
Aug;
cents
has
share
Dec.
per
15,and-Dec.
22
29,
been
declared
holders
to
share
paid
on
1941.—rV_
of
on
record
Aug.
156,
p.
1,
the
com¬
Dec.
last,
1747.
14.
and
THE COMMERCIAL & FINANCIAL CHRONICLE
Volume 156 " Number 4133
Eaton & Howard Stock Fund—No Extra Dividend—
(E. I.) du Pont de Nemours & Co., Inc.—Bill of Par¬
The
ticulars Requested—
five other corporations manufactur¬
ing commercial explosives petitioned the Federal District Court at
Philadelphia Nov. 27 for an order requiring the Justice Department
to
furnish
them with
a
bill of particulars giving more details of
charges of anti-trust-"conspiracy" on which the concerns were in¬
the
on
record
of
quarterly
capital
quarters
preceding
and
of
of
Extras
1941.
and
Dec.
10
of
paid
each
in
in
each
also
were
Comparative Balance Sheet,
Notes
the three
during 1940
1940,
24,
paid on Dec.
starting in 1938, controlled at least 75% of the country's
output of commercial explosives and blasting powder; fixed prices and
"paced off' the territory in which their customers were permitted
years,
indicted
corporations
other
The
Powder and Atlas
CeleValnd; Illinois
Cincinnati.—V. 156,
Hercules
were
during
week
of
both of Wilmington; Austin Powder,
of
St. Louis,
and King Powder, of
Powder,
Powder,
Electric
Operating
revenues V.
.
Operating expenses _*_**»*,—*_**_*—.
Maintenance and repairs
$39,909,071
11,546,250
2,256,570
2,380,260
3,509,581
—
:_*.**.
3,990,907
Appropriation for retirement reserve*:.—*
Amortiz. of utility plant acquisition adjustments
Taxes (other than income taxes)***
.___„***
Prov. for Federal and State income taxes-,—.™
690
income
Gross
Interest
Other
161,709
Cr450,411
assumed
deductions
Miscellaneous
ities
Common
77,402
12,912
105,042
156,
Accounts
Accrued
H.
the
above
Corpe,
Knight
director
as
corporation,
of
announced
was
Capital
156,
Dec.
7
by
dividend
A
of
mon
stock,
Like
75
cents
50
income
Dividends
per
ended
normal
Federal
for
$4.38
share——.*****__**—\ :;
common
"Provisions
1,375,000
8,503,671
stock-—
common
on
Earnings
and
tax
surtax for the
cents
paid
1942
30,
Act.
It
have
the
is
$3.97
made on the basis of the
the officers of the company
been
opinion
of
Earl Fruit Co., San Francisco—Bonds to be
See
Di
Giorgio Fruit Corp.
above.—V. 144,
125,
March,
Since
large
add
The
^VTotal consolidated
Federal
Depreciation
Provision
income—;
current
taxes,
2,291,422
*:
4,974,959
4,422,793
350.000
650,000
depletion
and
for
tax
contingencies
*;
kilowatts.
and
discount
592,231'
expense
Net
income
dividend
for
requirements——
4'/a%
requirements on
prior pref.
available
"Balance
"Before
6%
to
State
taxes
preferred stock
$1,796,145
to
dividends.—V.
156,
2037,
p.
directors
the
on
Oct.
On
voted
this
issue
28
of $1
of
25
holders
to
.share
per
cents
of
record
made,
was
the
dividend
A
of
first
beneficial
Interest
as
dividends
on
the
$5
holders of
to
record
share
per
has
instrument
an
cumulative
on
stock,
payable
amount
this
issue
of
$1.25
per
Eason Oil
9 MoS. End.
Cross
Oper.
paid
11,
May
last;
1941
1940
$1,321,470
services
497,980
927,524
exps.—_
gen.
155,833
169,258
1939
$1,028,602
or
$130,301
$224,688
$139,230
$76,478
14,131
16,593
5,043
4,048
prof. bef. interest,
deprec., etc.**
$144,432
$241,280
$144,273
$80,527
depl.,
Interest
charges
income
for
Net
on
2,061
taxes*
$60,633
"$62,082
pfd. stock*
19,943
20,864
21,524
21,524
.
■'% '
i■
/;■
/..■%://
•/
^
nine
mopths
ended
Sept.
30,
Balance
% '
Assets—
in banks
Cash
■'
and
v.
•
1942
Sheet,
•
Sept.
;
♦Receivables
Inventories
value of insurance-—
125,381
{Property, plant and equipment
:*_**.
Land, bldgs. & equip, not used in the business*
Prepaid expenses and deferred charges*
2~63~742
48,938
Investments
31,596
960,275
878,064
—
188,715
.
'>
189,403
,•
17,048
16,879
$1,766,416
-
to
—*
payable
Accrued
taxes,
stock
Preferred
Common
$145,000
—an-
**
$36,251
stock
commissions, Interest,
dividend payable**
Paid-in
etc
42,944
*
Total
6,526
369,220
460,520
460,520
tl,654,527
59,620
Cash
stock
reserve
—
for
.
*
(146,328 shs. at cost)****
—
doubtful
Dr841,479
v
there
this
submit
"We
V'
economics,
can
of
$1,939,108
$12,070
1942
in
1936,
dividends
Dec.
on
31,
1937,
preferred
1938
stock
and
extnNciividend of
1939,
aggregating
paid
was
each
5 cents per share and
dividend of 20 cents
a
ha>e. beep declared, both payable Dec. 24 to stockholders
Dec.
15.
Distributions
quarter' during
1941
also disbursed on Dec. 24,
of
and
20
cents
1942.
per
An
last year.—V. 156,
p.
share
extra
1468.
have
of
5
taxes
been
cents
taxes
Sept. 30
accomplishment,"
1,218,122
8,809,109
6,880,960
Other
report
the
its
rates,
says.
is,
we
.
tax
accruals
Act
Of
$1,779,764
$1,792,810
'
2,134,561
12,359
19,012
74,739
4,525,725
93,280
$2,260,662
fTaxes
$2,728,672
$9,308,657
$11,809,387
805,024
Other
Net
.*
478,590
2,685,523
expenses
directors
common
per
140,169
115,015
622,695
471,301
$2,135,067
$6,000,439
$10,843,888
1,925,987
2,101,657
7,822,535
share
March
on
1942,
a
2,
surplus
—
tProvisions for Federal
$33,410
§$1,822,096
$2,416,783
income
12
months
under
the
§Deficit.
$226,000
for
the
Sept.
30,
taxes
1942,
(no
excess
profits tax)
include
three months and $684,000 for the
additional to the amounts required
and also include adjustments of
accruals and take into account decreases of $105,000 for the three
months
ended Sept. 30,
1941, and $348,000 and $2,010,000 for the
12
months ended Sept. 30, 1942 and 1941, respectively, attributable
to tax losses on sales of investments in non-system companies.
Net
excess of
ledger value of these investments (already written down in
1931) over proceeds of such sales has been charged to earned surplus.
{Applicable to periods, whether declared or undeclared.
approximately
ended
Revenue
Act
and
required
of
1941;
the
\,
under
income
Revenue
v
first
declared
a
dividend of $1 per share on
regular semi-annual dividends of $3.50
preferred stock and of $3 per share on the
3
the
stock, all payable Jan. 15 to holders of record Jan. 4.
of
25
cents
each
1,
Sept,
1
June
/': Delisting—
Company
issues
the
on
25, 'last,
Nov.
was
common
while
on
/;■-/h'-'V]''-://
notified
stock
Jan.
15,
made.
.....
has
of
made
were
and
payment of $1 per share
stockholders
that
proposal
a
.'■
to
withdraw
the
company's stock from listing on the St. Louis Stock
Exchange will be voted on at annual meeting Jan, 4.—V. 156, p. 1605.
Engineers Public Service Co. (& Subs.)—Earnings—
Period End. Oct. 31—
Operating
1942—12 Mos.—1941
1942—Month—1941
—
$6,435,853
__***___****
2,434,875
2,132,543
26,520,191
Maintenance
432,597
362,850
4,859,243
Depreciation; **„**i:*_*:
570,731
568,419
6,847,609
6,736,259
;
539,525
9,914,595
5,747,490
.
577,692
7,005,546
6,540,001
revenues
Operation
"Federal income
/fOther taxes
oper.
taxes**-
1,005,232
r.**_.*_***..
517,660
loss)**,
(net
$5,650,506 $72,130,218 $63,150,839
,
23,075,948
4,101,029
$1,469,476 $16,983,034 $i6,950,113
22,418
253,304
53,035
$1,474,758
revenues***
inc.
&
Dividends
27,653
Cumul,
$1,447,058 $16,729,730 $16,897,07a
$1,447,105
589,695
amortization
615,773
7,146,675
7,431,976
$831,285
$9,583,055
2,738,894
$9,465,102
2,848,496
_._—****--„__*_*****-i_**„—$6,844,161
$6,616,605
'■
pfd.
on
Balance
$857,410
declared***
stock
1,583,970
Balance
Amount
1,583,970
$5,260,191
preferred divs. earned but not declared
$5,032,635
25,064
26,430
$5,235,127
$5,006,205
968,242
249,403
$4,266,885
applicable to minority interests*——
Balance
*—*
_____—*__*_
a
subsidiary
to
applicable
{Amortization
of
company—
Eng.
P.
S.
Co
discount
$4,756,803
1,303
7,574
80,026
—
172,373
Earnings from subsid. cos,, inch as deduct. abovedividends
Preferred
Earnings
*
declared
—v
30,747
*
other
from
sources**
*—
123,535
:
$4,502,496"
Expenses
Balance
Dividends
Balance
Balance
the
on
Distributions
and
taxes
appiic. to
on
8,427,105
§$610,518
{Preferred stock divs**
amounts
1862.
p.
Dec.
on
stock
second preferred
.
$1,315,469
*—
—
estimated
156,
adjust Federal
to
1942,
494,198
^*_*_.
income
October,
.
$7,099,357
916,850
i.
income
the
in
Ely & Walker Dry Goods Co.—$1 Common Dividend—
the
Interest
Total
to
1942.—V.
{Earnings of
468,539
income
recorded
were
Balance
1942—12 Mos.—1941
$7,190,382
1942—3 Mos.—1941
—
'■_**
19,375
413,023.
1,943,967
consol. earned surp.
"Entries
./\
,
income—int.
19,359
369,762
to
Balance
what may be the merits in any changing concepts of
bookkeeping, of depreciation theories, of cost theories,
be no dispute athat debt is debt, cash is cash and property
Period End.
4,843
97,091
1,620,294
carried
of
Dividends
97,890
92,319
34,080
4,771
74,124
...
8,501,254
Balance
Gross
i*^*,**
__**„*_*_**__
1,558,324
of
increasing its gross earnings and reducing
beneficial and in the public interest."
plant,
claim,
$9,031,547
10,367,433
Interest
property, and the economic trend of a System that is paying off
its debts, increasing its cash and increasing tne amount of its physical
and
Eaton & Howard Balanced Fund—Extra Dividend—
per share
of record
an
893
$1,751,380 $10,848,873
2,426,140
16,131
__**__***.____
397,244
Net
70,728,229
—_
*
as
9,030,649
621
■
7;,:v ■/
■;
$547,288,581
77,696,205
****—*_——*——__
record
10,848,252
*_—_*:
*___*_*
1,615,366
27,578,535
is
Dr841,479
$1,766,416
**,
receivables
against deficit at June 30,
aggregating $822,977 and
$106,851.—V. 156, p. 693.
An
■
-vi'--
—-***__*_
increased
1,751,380
Pr.
subs.
387,147
8.487
—:
—
tAfter reserve for depletion, depreciation and amor¬
$26,620 in 1941.
tization of $1,583,026 in 1942 and $1,555,475 in 1941.
tAfter charging
there
'•
just
V-''. :"v;.
years
;
—***___*_*
increased
in
above)
2,331,114
6,923
348,040
$1)__*;
—_
"After
59,922
,*_.*
$20)**
(par
surplus
surplus
com.
1,099
1,652,704
(par
Earned
Treasury
74,888
1,290
*
;
—
cumul. conv. preferred stock
$1.50
one-half
and
$1,939,108
and employees——
officers
Corp.
income
Other
Liabilities—
Due
six
Operating Companies,,''/;
Debt
9,030,649
_*_^__>**___
all
unanimously.
Companies
Property constructed
10,848,252
&
Elec.
shown
The
a
is as follows:
Cash decreased
of
Balance
•.
Comparative Statement of Income
Notes ' payable
Accounts
■'■/; ■;%.A
be in
\V/l'-!\
paid off*!*_*UA——$110,706,335
■/ '//;
;•)
"Regardless
97,775
;
Total
Debt
r
183,068
receivables
Deferred
the
1,751,380
'
V/.!V.");
in
411,463
2,426,140
Pr,
subs.*
Power
371,756
2,426,140
Elec.
in
98,415
Int.: & other deducts.**
else can set values for
267,916
58,525
",
surrender
Cash
;
one
for
$93,916
139,364
adopted
Holding
1941
1942
$154,919
may
:
that
the financial record
30
.
!
any
stockholders,
of
$9,442,117
$1,849,795 $11,220,008
rnin.
'
difficult
a
the report sets forth. Cash'and cash items have increased
Cash resources of the EBS System were $205,000,000 at
1942—$23,000,000 in Electric Bond & Share Co., $38,000,000
the intermediate holding companies and $144,000,000 in the oper¬
-,v
respectively.
1941,
.
hand
on
and
is
31,
W
and $0.13
Lt.
Federal
year,
ended,
"$86,164
/■;'/•'
assets
and
*
was
1,972,816
Corp.—
-equity
Balance
,
or
we,
revenues
agency,
ating companies,. ..•>.,,"v
The 'company
reports
y. ****>-■;
$66,330
♦Loss.
the
in
■
Note—Earnings per common share amounted to $0.15
otherwise.
The report
of the valuation of
of
Corp.
Total
$22,000,000.
165,466
26,100
governmental
any
Aug.
1,225
204,292
—__*_**
profit
Dividend
2,830
151,717
15,250
deprec,, etc.*
Depletion,
Prov.
7,709
55.142
>■—r*
properties
meeting
pub.
to
I
value.
"
annual
recent
14,525,923
$3,821,202 $19,111,274 $17,327,743
1,971,407
7,891,266
7,885,623
97,846
equity
Lt.
Other
To carry out dissolution
or
Despite $56,000,000 new construction expenditures this year, almost
$14,000,000 of debt to the public has been paid off since the first of
the
Net
the
to
appiic.
Light
resolution recom¬
mending that the company's directors and officers should take all
such court appeals, which in their judgment are necessary to protect
the interests of the stockholders,
from any order or orders of SEC
216,463
**,—*:
oper.
income
utility
utility
31,853,671
14,512,419
question
a
such
of
status.
what
33,623,693
3,560,863
$2,523,986
Electric
Net
the post-war period?
Following every war heretofore, after a short readjustment period,
this nation has gone forward to new levels of growth and business.
Why will it not again? We believe that we should be allowed to con¬
sider such potentialities fairly before sacrificing assets today."
$1,071,048
778,106
185,481
&
Appropriations
normal times and stable markets," the report con¬
we
have neither normal times nor stable markets.:
economy of the nation is in a completely
artificial and
knows
"Who
At
profit-
Net
Other
44%.
or
,
703,891
.
sale
raises
realization
large
7,382,065
3,545,679
$4,496,802
dividends
Portion
vital effect on the company's
a
by
assets
process
simply do not know how
the future, fairly, today., ■'/:
10,
Nov.
on
1942
$784,114
Sept. 30—*
income
oper.
&
and
10
was
of
8,042,481
and
_**_
Balance
&
"We
were
Co.—Earnings—
of sales &
Cost
Feb.
on
share
Pref.
in
even
emergency
Dec, 30
made
the
31,627,383
226,283
*1
public
Balance
' "Today
entire
The
their
either
and
"Valuation
tinues.
none since.
An iriitial
1941.
Arrearages on Nov.
30, 1942, totaled $22.50 per share.—V. 156, p. 340.
on
that
those assets
process
of
dispose
20,045
interests
1942, to be dissolved.
Aug. 22,
on
must
emphasizes
declared on shares of
account of unpaid accrued
preferred
to
deductions
Expenses
they
been
Distributions of like
9.
Dec.
int.
other
both
companies,
System
having
are
19,941,652
33,251,336
372,357
(net)
Gross income
Other
Commission
*
the usual
Associates—$1.25 Preferred Dividend—
$1.25
.
Net
to
and balance sheet, the report states.
Two principal inter¬
holding companies, American Power & Light Co. and Electric
& Light Corp., were ordered by
the Securities and Exchange
Power
quarterly dividend of 50 cents
per share on the no par $2 cumulative convertible preferred stock,
payable Jan. 2 to holders of record Dec. 18.—V. 156, p; 1325.
Eastern Sugar
constantly
7 %.
developments
Regulatory
22,508,173
7,362,020
loads.
war
or
5,520,291
8,011,076
31,405
1,673,972
"3,649,007
revenues**
income
mediate
18.
Dec.
Other
public utility generat¬
property retirement were $59,360,698, an increase of
9%.
Net operating revenues totaled $125,539,890,
a
$9,885,125,
123,970,871
42,906,139
1,577,815
6,615,513
5,804,939
3,319,376 "17,403,710
10,481,986
3,431,475
13,532,467
13,208,772
appropriations
earnings
share
per
of
45,995,688
'
J—*****^1
oper.
(as
;
1936.
since
also declared
directors
dividend
a
Dec.
distribution
last/a
15,
on
The
payable
stock,
common
declared
7
Dec.
on
Net
Thus/ while System gross operating revenues increased almost $40,000,000 in the past 12 months, net operating revenues were almost
$10,000,000 less.
Eastern Steamship Lines, Inc.—25-Cent Common Div.
The
or
11,100,358
5,785,022
*
___******
taxes
reserve
$20,086,917, or 10%.
for
reserves
decrease
$6.52
on
in
$
$
11,656,352
3,437,479
__*__**_
way.
installed
being
$109,620,195, an increase of $33,607,762,
were
$2,439,989
preferred stock—$4,80
share of 6%
per
is
capacity
1942—12 Mos.—1941
S
32,311,335 139,306,887
taxes
in
$4,978,383,
Earned
installed
$
34,212,908
Property retire. & depl.
completed five
Tne 17 will
generating capacity.
under
Net
$3,548,732
1,108,743
1,108,729
aggregate
Other
(& Subs.)-—Earnings—
1942—3 Mos.—1941
revenues
Maintenance
Federal
reflecting,
among
other
factors,
substantially
increased
anticipation of the proposed Federal Revenue Act of 1942,
Taxes,
601,030
$2,904,874
stock.
of
increase
an
accruals
Div.
New
increases
current
2,601,685
2,492,619
Debt
to
the
by
has
System
others
12
delay
those oper¬
ating in the United States and those in foreign countries, for the 12
months ended Aug. 31, 1942, were, according to preliminary figures,
$514,566,078, an increase of $48,787,937, or 10%% over 1941.
For
the same period, operating expenses, excluding taxes, were $220,045,295,
$15,791,928 $14,115,662
4,477,245
Share
and
with
Operating revenues of all EBS
1941
—*_—
year********
Bond
units,
generator
moment's
a
report states that the margin of installed
meet
Eastern Gas & Fuel Associates—Earnings—
1942
Electric
without
740,000 kilowatts
over
1,000,000
12 Mos. End. Oct. 31—
550,476,593 557,371,567
Operating
Operation
ing capacity of the entire electric utility industry in the United States
over non-coincident peak demands a year ago was 11,000,000 kilowatts,
or
35%.
By October, this margin had been further increased by
102.
p.
314,287,790
63,290,084
61,272,811
Electric Power & Light Corp.
growing out of the nation's intensified industrial
activity has been met
new,
Redeemed
2996; V.
p.
surplus
Subsidiaries—
Electric
Bond and Share System/is the purport of a message to stockholders
by C. E. Groesbeck, Chairman, and S. W. Murphy, President, made
public in the report for the quarter ended Sept. 30, 1942.
1942
that
there is no liability for Federal excess profits tax under the Revenue
Act of 1942.—V. 156, p. 1468.
Sept.
Revenue
****_-*****_***_-**_*„_„:_**_ 319,961,175
*****
were
That every demand
war
months
nine
4,893,982
165,043
credits
Period End. Oct, 31—
$9,919,691
1st pref. stock
Dividends on 5 %-. cumulative
,
$10,802,793
1,375,000
8,396,029
———————————
972.994
4,893,982
(appropriated from capital surplus)**
a balance of principal
$310,000, maturing Sept. 16, 1944, and two notes for $620,000 each
maturing Sept. 16, 1945 and 1946, respectively.
tPresently subordinated to other indebtedness of American & Foreign
Power Co., Inc., consisting of bank loans of $6,200,000, the $1,550,000
similar debt due this company and debentures of $50,000,000, until the
bank loans are paid.—V.
156, p. 1415.
Electric Bond & Share Co.—Report to Stockholders—
Net
312,725
2,101,653
"Represented by one'vote upon which there is
$5,
par
72,512
3,205,837
■■
*
of
per share has been declared on the com¬
payable Dec. 22 to holders of record Dec. 14.
paid on July 1 and Oct.
1, last,
as
against
previously each quarter,—V. 156, p. 1149.
amounts
29,910,000
1,925,988
-*_u*-*-*___*_*_*„_****
declared
Total
Household Util¬
1862.
p.
26,960,000
*„*_-__**f.*_„*****._***,***i05.932,500 115,185,500
par)___*J*_^_**L„_*.*****_ 26,251,788 26,251,783
($5
Earned surplus
on
Manager.
Vice-President of Electric
550,476,593 557,371,567
,***_*****:_.*
market
and
sales
General Sales
formerly
was
Chicago.—V.
Corp,,
H. Knight
500
73,313
******
value)***
par
payable
taxes
Reserves
2037.
p.
stock
Dividends
com¬
Electric Auto-Lite Co.—50-Cent Common Dividend—
69,300
58,999
315,884
charged to construction-——
on bond interest—*—
Interest
Taxes
Mr.
Cr216,207
69,300
96,427
2,450,000
for
research
Thomas
2,450,000
315,884
24,042
-----
expenses.
and
discount
interest
stock
$6
8.9
16.7
25.3
26,575
inputs of any
1,180,501
9,819,120
200
82,333
preferred
Pet.
System
18,980,880
1,155,053
*
*****
—
(no
13,985
the
17,322,271
6,338,914
*
assets*****
preferred
Amount
include
27,925,000
52,863,570
Liabilities—
Elastic Stop Nut Corp.—Director of Sales—
4,421,521
27,925,000
52,863,570
investments******
$5
1941
131,617
not
3,100,000
35,000,000
408,239,252 408,428,683
receivable***
——Increase——
156,783
90,314
Co
do
$
1,550,000
35,000,000
*
Total -*-^-****-**_***-*******.****^._***,_
1942
Corp.**
& Light
figures
Appointment of William
$13,445,702 $12,621,709
debt-v———
funded
on
Amortization-of debt
Prepayments
Deferred
$13,261,190 $12,502,380
184,513
119,329
—*_—■*
Power
current
170,768
panies not appearing in both periods.—V.
2,507,572
*4,526,400
income
other
Total
Other
••
of—
Light Co.**.
cash
Accrued interest
690
,
2,648,888
operating revenue*—*_***;—.*;****—
&
& Light
Power
above
The
$36,868,254
13,224,426
.***—***_—*_*_****.
follows:
as
Subsidiaries
Power
National
1941
1942
were
..i
Duquesne Light Co.—Earnings—
Net
1941,
Operating
■
Temporary
3,
Thousands of Kilowatt Hours
American
30—
Dec.
1941
$
'
*—
•
1862.
Year Ended Sept.
ended
receivable—
Stocks and option warrants*.
Cash in banks, on demand
1942, the System inputs of client
operating companies of Ebasco Services Inc., which are subsidiaries
of American Power & Light Co., Electric Power & Light
Corp. and
National
Power &
Light Co., as compared with the corresponding
business.
to do
week
the
For
accounts
Bonds
156, p. 428.
Services Inc.—Weekly Input—
Ebasco
the group, for a period of more than
charged that
indictment
The
1942
and
"American & Foreign Power Co., Inc.—
tAmerican & Foreign Power Co., Inc
United Gas Corp.
of
each
quarter
Sept. 30
Assets—
share has been
Dec. 24 to holders
per
payable
were
and
year,
cents
10. cents
$1;
par
amounts
this
1941.—V.
24,
stock,
Like
15.
Dec.
dividend
June 4.
three
p,
regular
declared
Attorneys for the company and
dicted
2129
for
.-
—
stocks of Eng. P. S.
.
Co—~
pfd. stock of Eng. P. S. Co
common
stock
and
surplus——~
Earnings per share of common stock—*
56,760
112,989
$5,106,493
389,863
426,124
$4,112,632
$4,680,374
2,256,084
2,268,213
$1,856,548
$2,412,161
$0.97
$1.26
Federal income and excess profits taxes
for 1942 and 1941 have been restated to give effect to the provisions
of the Revenue Acts
applicable during the respective periods.
The
amounts shown for Federal income taxes include provision for esti¬
mated excess profits taxes of $5,801,147 for the twelve months ending
Oct, 31,
1942 (1941, $2,056,504) after deducting post-war credit of
$593,201 (1941, none).
tin excess of its
preferred dividend requirements for the period
"For
less
of
comparative
minority
interest, credited to reserve for depreciation in value
in subsidiaries.
to bonds of -Ti subsidiary ^company owned by parent
investments
{Applicable
company.
purposes
THE COMMERCIAL & FINANCIAL CHRONICLE
2130
of Company
Earnings
sideration
Only
revenues
Expenses
—
1941
$3,907,078
277,989
income
taxes
taxes.
—v
Balance
24,745
Cr3,325
$2,116,432
The
for
stock
common
and
Earnings per share of common
does
"■Company
t$139,652
$1,212,741
$0.63
stock
has
liability
any
for
each
cents
40
1941
Prov.
$1,045,153
1,034,722
783,613
721,573
$1,021,552
$813,536
$261,540
67,695
35,936
$1,005,343
Net
162,072
19,623
$577,000
Federal,
(estimated).
State
•58,791
$387,449
tOn
includes
and
244,191
provision
Consolidated
foreign
shares
the
on
for
stock,
capital
basis
of
of
and
tax
in
Balance
Sheet,
Sept.
iThe
•Customers'
notes
logging contractors
Officers'
and
accounts
of
value
traveling
with
life
and
1,416,195
.
i—'
;—
accounts:
194,500
...
F.
Traver,
tions.
500
company..
incl.
notes
contracts—
State,
payable..
on
estate
deferred
on
The
($5
Capital surplus
Income
21,285
made
The
90,911
Eversharp, Inc.—Initial Dividend—
able Dec.
28
cents
stockholders of
to
during
four
of
the
the
series
a
by the
36,448
on
Dec.
share
per
details.
record
Dec,
been
19.—V.
150,
The
pay¬
,
the
to
secur.t.es
corporation
and
Period End. Oct. 31—
before
the
a
deprec....
The
1941,
and
Sept. 30,
on
quarterly
stock,
loss
$6,388
$11,481
Sept.
on
44,066
45,880
semi-annual
a
six
cents on
June
of
35
$16,552
$32,584
$57,102
operate
line.
offer
of
A
dividend
stock,
and
of
payable
paid
was
Aviation
50
50
cents
Dec.
Aug.
on
cents
on
23
Aug.
share
per
to
8,
has
holders
of
1941,—V.
been declared
record
compared
Dec.
with
75
p.
50
Dec.
dividend
stock,
no
of
and
Sept.
of
25
155,
share
per
payable
the
were
and
March
on
31
holders
to
made
29,
Feb.
on
22,
1941,
June
27,
of
the
on
record
Dec.
19.
27, April 27, June
Sept.
and
27
•Profit
Int.
Dec.
27
consummation
of
term
a
of
loan
$1,500,000 arranged by Goldman, Sachs & Co. with The
Mutual Life Insurance Co. of New York.
The loan is
evidenced by a 3%% note, due in quarterly installments
of various amounts from Sept.
1, 1946 through Dec..
1,
In
1955.
addition, the corporation
prepayments at
at its option make
may
under the loan in amounts not
par
ex¬
ceeding in the aggregate $25,000 for each quarter year
elapsed from Dec. 1, 1942 to the date of prepayment.
The
corporation is engaged primarily in the manufacture, both for
original equipment and replacements, of bearings and bushings used
in
various
aviation,
marine
the
loan
for
such
industr'al
To
to
are
be
being
used
operations
additions
made
"
fEarns.
in
the
automotive,
manufacture
Revenue
additions to
such
reimburse
the
facilities
for
of
treasury
date.
Nine Months Ended
1942
■
Sept.
30
and
1940.
income
1942, and after
post-war
xtock.—V.
156,
p.
tax
and
t
After
1939
$467,968
excess
reserve
credit.
charges
profits
and
taxes
Federal Water &
The
Securities
to
and
Profit
up
to
Dec.
2
$500,000
based
40%
on
SEC
officers
stocks
Nov.
S.
of
on
Court
of
30 appealed to U.
Appeals for District
for
the
paid
cents
its
the
5»/2%
and directors of
in
the
company
a
corporation
while
a
plan
were
of
Appeals Order—
and
to
17,
not
Gas
subsidiaries
consti¬
after
&
Electric
of
Florida
merger
Sante
release,
Corp.
..
^
the
receive
the
against
Gas
;
Fe
Land
new
by
Co.
effective
the
on
Florida
into
stock, of
common
it
Public
Power
date
of
Sanford.
the
Power Corp. will offer to
Power & Light Co. $6 (no par)
merger,
$6
of
of
21,650
the
$6
ail
the
sell
to
proposes
dollar
one
outlined
preferred
being
and
156,
within
Power
stock
period.
merged
value
par
(con¬
outstanding); and
Georgia, subject to the
of
,
corpora¬
common
4,200
stock
i
made,
reorganization
2038.
p.
reasonable
a
Corp.-—the
holdings of no
being all common
shares,
par
above
offer
to
its
of
15
cents
of
is
Georgia
also
included
in
;
Corp.—Resumes Dividend—
share
per
during
1941
July 1 and Oct.
1,
has
been
declared
the
on
the
on
1,
15
stock
common
cents
each,
were
and- Dec.
1,: last,
follows;
as
23,
i
common
20
cents.--
1863.
p.
Preferred Dividend—
dividend of $1 per share has been declared
18
to
of accumu¬
account
on
cumulative preferred stock, no par value, payable
$3.50
holders of record Dec.
issue
14.
A
similar
distribution
made
was
Dec.
on
on
20, 1940; none since,
"V-.'.%
the preferred stock as of Dec, 15, 1942, will .amount
share.—V.
per
145,
p.
4117.
*
'
General Realty & Utilities Corp.
'
Real
Estate
Years Ended Sept. 30—
.'
Improved properties—gross income
Operating expenses
A.
.
1942—9 Mos.—1941 •>
$2,859,271
1,500
587,468
3,500
/
;
/
v'--*
,
(& Subs.)
-Earnings
Operations
1942
overrule
of
9,750
29,250
1940
$3,553,784
3,006,003
-
$3,559,045
453,534
453,931
2,984,813
-452,473
$93,850
$121,759
'•/.''Y- 5,716
11,966
7,234
$105,816
$128,993
3,002,646
$2,132,689
110,000
225,000
1,494,000
225,000
82,000
153,100
253,000
375,000
$127,541
$392,451
$492,053
earnings
;
\
,
'•••••■■•'•.'
.
current
Income
ended
in
of
.
$978,832
indenture
trust
%
of
determined
the
but
not
excess
for
Dominion
profits
the
in
tax.
profits
of
amounted
and
These
the
nine
dollars
to
(which
$208,467
Provincial
;
annum.
are
not
Envelope
&
Cartons
Gair
Cleveland Cartons,
include
(Western)
p.
Gair Cleveland
All
of
1,
the
outstanding
1st
mortgage
;
serial
bonds
\
and
-
time
upon
presentation
of
such
bonds
at
the
trust
gold
the
bonds,
redemption
made
Chicago,
any
at
outstanding
due
as
(as
of
the
convertible
extended)
March
Northern
15,
first
Sept. 15,
1943, at 101
Trust
Co.,
(closed)
1944,
have
5,135
-
139,393
mortgage
been
6%%
called
for
and- interest, ■ Payment, will
trustee, LaSalle and Monroe Sts.,
111., at the redemption price plus interest to March 15,
time upon presentation of the bonds.—V. .156, p. 1416.
next,
5,146
--
$91,652
142,928
$112,663
144,207
y
$287,583
expense!
$234,580
168,862
$256,870
.
•
172,888
•
180,254
500
$61,692
-(1)
-There, has
been
excluded
the
share
the. loss
of
for ' the
for
stockholdings
Realty .& Utilities Corp-, amounting to $18,701.
•(3)"Provision
for
Federal
'
..
taxes; on..ineome
required.; but. this,is .subject--, to
Department.
;
,
.
of
General
' ;
.
,
not' deemed
is
final, determination, by
the
to
be
Treasury
/
,/.••
•
Comparative Consolidated Balance Sheet,
v
;
'
Assets—
Cash
;;•
" •-- •
demand; deposit. and.
oh
•
.United States
due
Government
from
1942
agents
and
>:
tenants,.
■
'Accrued
Deferred income,* rents
Reserve
•'
ment"
•$6
550,096
2,917,414
300,192
(
■
for-
real
1
$18,118^958
.
$68,970
$69,506
"692,762
estate
824,933
advance™;—13,418
mortgage loans, real,
estate
com,
12,113
'
^
_—t—
preferred
stock.
stock
($10
»•
■'
(not consol.)., per accompanying, state-
tCommon
*,.'•• 583,985
received fn;
estate,: and- investments -in. real
;
6,158,437
" fi, 130,930
-J,—$17,281,575
U
payable and sundry creditors™^—__
liabilities /If'
264,184
,
>.985,7511
.
Liabilities—
;
,
750,138
Investments in real estate companies not consol.
assets
:Tptal
$1,513,912
6,025,250
6,661,865
,
•
,/
,
J ,290,892'
—;
f
>
1941
1,039,283-j•
Other
Accounts
•/
hand—$668,202
J—
properties
Sept. 30
■
on.,
obligations.:^A—.-■■;
renting
properties
Unimproved
panies
of
4,905
rCentral
company.
(The) Gas Company of New Mexico-^-Bonds Called—
21,477
$107,517
.
«"(2)- There has- been excluded'the'share of net loss after
depreciation
the year ended Sept.;30, 1941 (unaudited since Dec.
31. 1940), of
Park Plaza. Corp, applicable to the
-
1942
.
any
;:v
$148,189
Income
Notes
dated '
Trust
Co., trustee, EUclid Ave. and East 9th Street, Cleveland, Ohio.
The
holder
or
registered
owner
of
any
of
the above-mentioned
bonds may obtain payment at 100 and interest to the redemption
at
estate
income
Improved
2038.
Cartons, Inc.—Bonds Called——
$105,500
real
currently, and accrued interest receivable^™'
Real estate mortgage ,loans_—
1935 pave been called for redemption as of Dec. 31,
injterest. Payment will be made at. the Cleveland
100
19,299
$86,517
;;
ihcome;tax,r^A!in™»^„^!
Amounts
1
20,004
Plaza
year ended Sept. 30, 1941, of Lefcourt
Realty Corp. applicable to the
'.stockholdings of General Realty & Utilities Corp., which share amounts
-to $256,934 after making provision'for dividends on
preference stock.
and
taxes
p. .2038.
Inc., above.—V. 156,
from
provi¬
(Robert) Gair Co., Inc.—Bonds Called—
See
Net
months
after
Income
.
earnings, however, do not
Dominion
subsidiary.—V. 156,
per
Park
oper.Ai
from other sources,Af;„-.i;
Total
of
excess
Central
Corp. ^ ppt: consplid&ted LA-V;
Federal
outstanding. ,The interest
Canadian
statement),
in
:
''
current
notes
$163,288
$143,284
from
•Administrative
such;earnings- cannot be
year
is
known.
The
declare interest to the extent of
so
as
Balance.
Income
the
to
obligated
subsidiary company
from
Income
.
based, on
covering
loss of
Income
and
the
for
expressed
above
$221,000
and its
in-the
notes
is
notes
presently amounts to $283,704
of the Canadian subsidiary for
the
equity in
Ltd.
defined
income
income
on
depreciation,
improved properties
Unimproved properties—expenses 'A
•;.
;
after
Income
surtax.
interest
notes
earnings
Sept. 30, 1942,
included
of
result
is
The
(2)
sion
such
on
and
tax
year's earnings
principal amount
the
6%
at
as
6%
the
t
29,250
9,750
payment
Directors
on
at
holding
1941
$3,613,752;
$157,573
Depreciation1
518,577
6,000
„
Share of
income
until
6%
prohibited from buying
was under conl
reorganization
Securities
the
the
on
$54.32V4
1941.—
on
40-year
the
be
in
:
is
and
wdl
for
outstanding shall accept
this
15,
of
interest
The
annual
Board
that
Columbia
such
holders
July
on
July
on
share
per
15. to
Dec.
cents
181,695
500
.
notes_.._
normal
company's
All
Supreme Court to
Simplification
with
one
George
Arrearages
cents
the
debnetures, prior to Dec. 31, 1943.
The Commission stipulated
purchase price not exceed the call price of the debentures, and
that the company file a monthly report of
purchases.—V. 156, p. 2037.
The
/
share of Power Corp 614preferred stock for each
preferred stock.'
Power Corp. intends to make
condition that 95% (or such, smaller percentage as
be dctem.ned, but not less than 75% ), of all shares of Georgia
156,
on
35
that the
Federal
Co..
General Optical Co.-—$1
of
determined
of
•gold
Federal Water Service Corp.—SEC
■"
6,327 shares of Georgia
basis of
dividend
A
deducting
notes
stock
Notes—(1)
excess
permitted
of
1940
stock, being all the holders .of such preferred other than
Gas, shares of Power Corp. new 6lJ> preferred stock ($50 pan
of
April
v.
depreciation, interest on Robert Gair Co., Inc.
bonds of subsidiary company, dividends on pre¬
subsidiary company and provision for Federal income
and
excess
profits taxes.
TThe
provisions for Federal income and
excess
profits taxes for the third quarter and nine months represent
one-quarter and three-quarters, respectively, of the estimated amounts,
of such taxes for the entire
year based on the earnings for the third
quarter and nine months, respectively, extended to a year and com¬
puted in each case at the rate of 90% for excess profits tax and
Nov.
on
before
•Before
post-war adjustment equal
JOn 279,491 shares of $5 par
Commission
of
of
Associated
proposed
Gas
practicable
lations, on; the
$963,496
197,514
company™ Y
income
income
for
cancellation
as
the
i
Gas
Payments
141,250
(& Subs.)—Earnings—
$527,304
subsid.
stock
pfd.
on
ferred
$1.31
and
provision
Gas Corp.—To Purchase Debentures
for
1991, and
$366,496
162.
Exchange
purchase
of
tProv. for exc. prof, tax
tProv. for Fed. inc. tax
at
corporation
25
40
corporation
properties
of
part
claims
,
of
1942—3 Mos.—1941
depreciation
subsidiary
its
1940
$496,994
and
was
;
V
Inc.
Sept. 30—
bonds
Dominion
1941
t$516,081
-
estimated
common
and
war
corporation's
com. share
$1.84
$1.77
$1.67
depreciation, Canadian and Federal Income taxes
Act
of
the corporation's manufacturing
for war work, and the proceeds
per
•After
the
to
for
a
—
profits taxes in 1941
$2,200,000 for Federal
to
to
implement,
and
'
:
income
utilized
for
apd
Earnings
♦Net
agricultural
engines,
major extent
a
presently
are
time
peace
including
and
propellers.
facilities
of
industries
Diesel
1941,
the
stock, payable Dec. 26 to holders: of record Dec. 16.
On April
a quarterly distribution of iike
amount was made; none since.
27,
Federal-Mogul Corp.—Note Placed Privately—Corpo¬
the
10,
the
General Printing Ink
bankruptcy
in
f-YY.V
—__•—.—
for
on
Divs.
.
announces
Dec.
on
by
'
on
ration
31,
payable
with
compai-es
Gair Co.
Period End.
common
918.
p.
Dec.
dividend
a
its
proposal.—V.
A
Inter¬
154, p; 749.
value,
par
no
This
79.
p.
(Robert)
amount
Prov.
has been declared
Dec,
each
cents
last,
26,
1941.—V.
cents
value,
par
Distributions
50
cents
156,
common
like
A
on
stock,
11.
Dec.
declared
7
24,
1
Corp.- -Files
.
the
on
18.
cents
Famous Players Canadian Corp., Ltd.—50-Cent Div.-—
A
par).—V.
Dec.
on
1326.
p.
'"
2037.
156,
($10
Dec.
on
common
record
V.
Corp.—50-Cent Dividend—
last,
12,
stock
common
cents
declared
share
per
The transactions proposed are part of
which securities of operating companies may
for distribution to
stockholders of General Gas.
are
Recapitalization
155,
company
new
a
is
company
on
15
be
;
21.
cents
of
common
may
Dec.
25
of
holders
the
system.
Sanford
of
offer
shares
Federal Court in Iowa, and the present move is one
steps' in completing the reorganization.
<
company, known as the Fort Dodge, Dts Moines & Southern
bonds maturing
as
record
dividend
to
on
by
General
consideration
in
sisting
six
1941.—V.
has asked the
company
The
2
\
authority to organize
the
Jan.
dividend
of
156,
<■;
,
quarterly
dividend
of
against
as
filed
transactions
Co.,
the
may
a
in
directors
the
on
last,
Fairchild
the
holders
on
V,'- v"
for the
for
holders
distribution
1939.—V.
company,
available
tion—for
of
the
program
soon
such
Southern RR.—Would End
&
the
on
preferred
cents
paid
dividend
30,
$545,347
•
has) been
■"
General
14,
each
cents
;■
■
usual
payable
common
to
a
Electric
&
integrated
merger
the
share
Dec.
1941,
30,
such
24
22,
Corp.
Corp.
(The) Fresnillo Co.—35-Cent Dividend—
1325.
p.
of
an
Power
•the
"
per
record
last, and 35
the
action
stock,
Dec.
Gas
•
v,-
-
declared
year,
.common
companies
Dec.
•$11,222
22,940
$15,006
156,
and
Dec.
System.
the
:
cents
of
distributions
ww/
mortgage 4%
of
The
Net
16,
on
on
2
preferred stock,
deferred
last
cents
made
The
to
of
notes
1942—6 Mos.—1941
22,033
-•Loss.—V.
the
on
25
stock
W";'V
Commission
and
over
new
shares
$7,027
Depreciation
Dec.
22,
general
be
of $1,745,000
final
of income
Mos!—1941
1942—3
but
payable
sidiaries
Ry. Co., asked that the Commission approve the issuance of $2,260,000
Exchange Buffett Corp.—Earnings—
Profit
18,
Dec.
Service
35
•
Dec,
the
until
tuting
'
of
12,806
$700,907
'■
•':
:
,
on
Among
holders
to
$67,152
.
transac¬
common
income
1,668 -18,473
•
"
Exchange Commission covering certain transactions which will
result, in the .corporate simplification of the Florida-Georgia sub¬
A
w
58,834
130
'
and
con¬
1237.
reorganization committee
Commerce
take
of
3507.
p.
,!
,
Application
stock, payable Dec. 23 to holders of
distribution was made on June 30, last,
similar
20,
Bankruptcy—
to
declared,
A
Dec.
2278. '
125,003
49,499
,
Data With SEC—
order
company's' property
of
dividend
31
declared
4
class
105,855
-
.
$70,803
General
.
corporation. ■
' *• '
:'
•/'
new
shares, of
company
Fort Dodge Des Moines
'
has
15.
cents bn
five
Dec.
the
8,821
5,107
3,573
;
expense
on
be
share
p.
$741,990
8,821
:
share
Dec.
made
v
a
Dec,
the
156,
335,882,
$874,734
Corp.
court
Co.
regular
416,740
$82,748
equip.
directors
On
1942.
1941,
on
proceedings
50
the
to
share
per
record
1,351,729
2,159,696
accounts and freights.
tLess reserve
tLess allowance for depreciation of $887,975.
244,190 27/50 shares.—V. 156, p. 1048.
of
for
declared
with 70 cents paid
directors
cents
1,220,952
doubtful
dividend
1
25,168
1863.
p.
General
—.1.^'.—' $8,707,492
initial
final
Gas
given
was
v;.";1
payable
and June 30,
addition
state
An
debt
per
'stock
$4,398,219
Federal
a
of
debentures
Gas
40,746
income
The
Foresight Foundation, Inc.—Six-Cent Diivdend—
for revaluation of $28,510.
^Outstanding,
stock,
each
18,893
—:i„.if!
of
Dividend—
In
share
per
Corp.—35-Cent Dividend—
Dec.
on
special of 35 cents.—V.
payment
...
for
&
Zb'444
$1,077,873
.
12,000
.
allowance
Machinery
common
compares
In
p.
•Less
Electric
Dr 1,556
$1,291,474
$83,327
.__'™—>
156,
and
Jacksonville
''
■.
895,604
taxes.
Earned ; surplus
Total
■
,-
85
$107,916
General American Investors Co.> Inc.—Action on Com¬
mon
Dividend Postponed-r—Declares Regular Preferred
April
1941.
cents
President;
issuance
to
273
——
&
•
1
20,
during
50
$5,151,105
seek
to
transfer
and
up
$1,078,316
'.
'.i
directors
as
income
$1,293,031
(Houston
Co.)
coll.
Amort,
1942—11 Mos.—1941
Approval
and
the
562,354
$107,831
\
and Boylston
$1.50
,
into
findings.
for
bonds,
■
March 31
on
916,830
foreign
par).
.....
for
directors
the
This
$590,287
;
plan—.
Reserve for loss on warranty—..._
Reserve for contingencies....—
stock
of
$460,729
company
corporation
651,616
and
Taxes
Common
operate
As
777,689
Federal,
made
1,151,789
,
bonds
on
notes
.
143,369
.
long term contracts'......—
real
its
;
designated
is
is
Consolidated
See
1
■
payable
Accruals,
of
part
Jan.
on
quarter
dividend
authorized
officers
584,722
50,175
$124,073
—
income
on
Int.
Florida Public Utilities Co.—Sale of Bonds Privately—
2,633,600
—__
,
;
the
mortgage bonds and
Food
Other
made
Were
each
134.173
,
payable
and
the
exchanged
on
Mortgage
its
hereafter
will
Exchange Commission has approval
Among these; are the
first
be
etc..
government
in
1237,
was
711,655
(net);
income
Electric
sold
has
substantial
a
will
of
2,038,022
55,517
$123,801
Depreciation
Int.
subsidiary,
a
1942—Month-r-1941
SEC
Jr.,
also
to
assets
of
equipment....:—i,—....
taxes,
and
year-end
a
2,795,151
68,241
income.——
income
Gross
Net
cents each
last,
paid
Commission's
7,819
_
association....._
and
and
by-laws
Provision
and
437,335
notes
Other
1501.
p.
;
the
the
on
Alva
55,119
2,293,464
-•
for
stitution,
$8,707,492
on
156,
156, p.
reorganization
based
Liabilities—
Advance
Operating
year-end
a
$4,263,415
316,041
.
per
Fishman Co., Inc.—November Sales—
Securities
the
Counsel
111,565
licenses.!
Accounts
1941,—V.
15,
*i.8,660
Prepaid insurance,
Mortgage
and
30;
of Washington
156, p. 1773.
The
tTimberlands
and
Oct.
$5,951,626
194,606
;
of
1 $1,257,360
Sundry investments and accounts (less reserves)...
Patents
and
corner
$543,151
—V.
of
..
insurance—
advances
trade
^Property,. plant
1
1942—12 Mos.—1941
$408,129
125,157
;
—
1598.
p.
corporationwhich
a
20,
Oct.
company
'
receivable.——.if.
premiums
Deposit
Bros.y
Period End. Nov. 30—
1942
—......—tL.
surrender
Deposit
C
30,
'
Advances
the
(M. H.)
bonds—13,833
Inventories
Cash
15 -cents
Florida Gas Co.—SEC Approves Reorganization—
receivable
to
Aug.
Clothing Co. of Boston,
its name, goodwill, and
Sales
increased
amount
deposit—.—.——_————_
on
Canadian Government
Notes
of
(& Subs.)—-Earnings-
$633,240
revenues.--—-
per
record
sub¬
$5.
par
anticipated
profits
excess
and
20
Dec.
on
$0.22
"
income
on
"
hand
dividend
cents
18
$53,995
$0.44
taxes
Assets—
on
30,
155,
distributions of 25
July
20,
$392,000,
Cash
Apr.
29.—V.
Mass.—V.
Boston,
addition,
4,500
$109,151
$1.59
and
provision for taxes is computed
rates
1,
Dec.
on
Markson
to
Quarterly
-
sidiary
quarterly
of
Co.
1942—Month—1941
Maintenance1..
—V.
90,483
|
321,603
$0.48
share-.-
for
regular
dividend
J
year-end dividend of 50 cents: per share has been declared on the
common stock,
par $10, payable Dec. 28 to holders of record Dec.
18.
26,575
[141,669
$119,078
per
Galveston-IIouston
Period End. Oct. 31—
Operating
Operation
Firestone Tire & Rubber Co.—50-Cent Dividend—
$175,553
$329,235
260,236]
____
profit
"■Provision
the
extra
an
Continental Men's Store at the
the
forgn.
income (est.)
tEarnings
$871,124
49,029)
expense
deductions
taxes on
con¬
A
profit—
&
in
Corp.—V.
$139,617
57,588
assets
$861,191
Dr 16,209
Fed.
Feb.
on
business/including
1939
974,426
for
declared
to
Continental
The
1940
$1,848,258
income
Miscel.
down
Service
Water
Gross
Sts.,
Interest
addition
in
cents
'
Total
have
directors
of
excess
$1,995,978
Expenses
Other
handed
was
Federal
1863.
p.
1942
Operating profit
decision
of
share, both payable Dec. 24 to stockholders of record Dec. 16.
On
Sept. 25, last, the company paid 15 cents per share, on May 25, 1942,
a
total of 20 cents/and on Jan. 30, 15 cents..
Payments during 1941 were as follows: Quarterly dividends of 15
(& Subs.)—Earnings-—
•
sales
from
t$0.07
—_
it
that
156,
The
reorganization
(Wm.) Filene's Sons Co.—Sale of Subsidiary
Evans Products Co.
9 Mos. End. Sept. 30—
profit
surplus—.—
not' consider
vDeficit.—V.
taxes,
Gross
2,268,213
dividends
Balance
profits
$3,480,954
2,256,084
—~~—
the
1834.
Fidelity Fund, Inc.—Extra Distribution—
159,719
115,200
—
155, p.
share,
Preferred
by the Commission.
with
241,661
,
—
——
-■•Federal
Other
.
nection
1942
$2,506,296
12 Months Ended Oct. 31-—
Total
Monday, December 14, 1942
'
3,921,389
'—i-
4,524,335
2,802,575
™__;
par
2,925,875
|al '
1,544,322
8,238,139
Surplus
1,544,322
8,217,87*5
$17,28^,575 $18,118,958
Outstanding.,. 112,103. shares,,aU Sept.'.,30,; 1942, andv;117,035
30,
1941.
.tOutstanding,
1,544,322
shares.—V.. 156,
.
p.
shares
1326.
The
directors
declared
have
28
stock
each
stock
chsh
of
44/3000
of
rate
the
one
1773./.,..
p.-
(optional
stock
preferred
' :v
....
dividend
stock,
each
50
cents
Aug. 5,
There
1st
Central
Hanover
redemption
for
called
heen
of
1952, at
1,
1,
of Jan.
as
Gross
revenue
155,
/■//%;/ 'a.,a; aa"/'/"'a
2006.
p.
Georgia & Florida RR.—Earnings—
Excess
a.
156,
■
April
1941
$53,888
i '/•/" '■ ; ./v
V
1'
Earnings
*
After
1942—12 Mos.—1941
$203,603
income
1,323,779
15,833
219,167
19,575
21,751
.
202,731
230,574
$39,327
$532,116
17,798
$25,655
—_——
,
169,202
14,331
prescribed
31,
Dec.
the
A
15.
similar
1941.
23,
this year.—V.
payment
p. 959.
made
was
A
,
this
on
issue
on
A;A
:
Oct. 1/
A ":'A'.V,:'\"
the
on
.A Goodyear Tire & Rubber Co. of Canada, Ltd.—$2.50
Extra Dividend—
A/a..--;*;.-::;/A A/A
'.-An
stock,
An
of
no
63
cents
like
extra
Paid
was
1940.—V.
Granite City Steel Co.—35-Cent
/
The
the
directors
2 declared
Dec.
on
a
Dividend—
Sept.
,
/.
g
—V.
—...
156. p.
A
„
$ I*
'
p.
Years End.
1774.
Great
sales
Net
Atlantic
Pacific
&
Tea
Co.—Indicted
AA/ 'AA
of
the
one
.'/.The Government-charged that
State
in New York funds upon
period of 10 days
of
4%
is
made
rate
payment
deducted
for
income
Gross
the effect
Income
A Net
AA/;;,A.'/
■■
;AA"^A'A'A'AA'A
/A' 'AAA
-
Ai- Net
'A:
Divs.
on
com.
Charging an effort by the Anti-Trust Division of
Justice to create "further chaos" in the war-time
the Department of
food situation
by
Cash
doing business "which have won the
farmers, labor and the great mass
of our people." company on Nov. 27 categorically denied charges con¬
tained in an indictment.
/: V/v/-":-'
■" /
- ■'■/ •' ■aA/A-A
"Since Pearl Harbor and before." the company statement said, "the
attack
an
methods
upon
approval from
of
,„
Accrued
U.
„
150,209
146,310
$281,177
$279,207
$276,764
27,623
18,715
12,099
10,182
$297,922
$288,864
45,730
$264,732
$279,705
$243,133
$214,184
69,530
48,210
45,220
/■A 109,206 A-
$168,964
1
•
$194,924
3,124
5,000
125,000
$170,498
89,990
27,245
$195,202
125,000
Balance
Deferred
■
aa
ridiculous
charges
—;
7,490
■
•
theory
.•
269,503
A./-//' '-". M/
"' 1/
/48,009
allowed
to appear;
the
this
surplus
Total
•
that -the/
p.
A
Haverhill Gas Light Co.
in
no
way
tend
to
discredit
Green Co., Inc.—Special Offering Withdrawn
(II. L.)
special offering of 15,000 shares of capital stock (par $1) was
the New York. Stock Exchange Dec. 4 at $32, with 75 cents
commission by Smith Barney & Co., Hayden, Stone & Co. and White,
Weld & Co. The offering was withdrawn Dec. 8.
../'A
made on
Taxes
-
$2,141,002
$2,074,635
November Sales Up 16.1%—
Period End. Nov. 30—
J
-
November,
1942,
,
1942—Month—1941
1942—10 Mos.—1941
$5,687,290 $4,899,204 $48,386,563 $40,751,872
the company had 152 stores in operation, as
against 151 in the same
months last ^ear.—V. 156, p. 1774.
Greenfield Tap & Die Corp.—$1
dividend-of
no par,
$1
per
share
on
has
Common Dividend—
been, declared
on
the .common'
payable Dec. 28-to holders of record Dec. 15. A similar
made on Dec. 29, last. •• .as against an Initial of
30, 1940.—V. 156, p, 1049.
distribution. was
cents
{Includes Federal income tax
and
$4,797
,
in
;.,7,
1942.—V.
A/A///;//;/
■■:•/,
Balance.
1942—12 Mos..—1941
$45,026
$566,178
$550,177
28,489
366,270
Retire,, reserve
Dec.
Interest
Net
income
accruals
2,307
30,727
8,470'
7,232
91,811
income
-—
_—
Dividends
declared
—V.
p.
156,
(M<- A.)
a
——
$6,998
$77,370
$86,358
530
309
7,106
10,459
$7,307
$84,476
$96,817
2,917
2,917
35,000
35,000
32,344
$4,921
$4,390
$49,476
46
44
511
50,535
$4,346
$48,965
1
49,140
762
$61,054
41,769
1608.
Ilanna Co.—65-Cent Dividend—
directors
on
449,711
301,800
284,513
—.
812,135
21,663
11,032
1
1
154,971
$5,626,391
$417,120
$417,120
191,267
278,660
——
•'
■,
($1
par)..,
-A*--*---—-—*/
commissions,
income
271,832
U.
installment
011
S.,
etc..
42,901
49,568
etc.sales—..*.
170,232
127,403
tl73,723
449,230
taxes—.
etc.—
69,912
65,221'.
2,157,794
2,157,794
2,775,660
coolers,
on.bottles,
2,320,738
—
—ALAZ-Z-AA*/
*
*
—
deducting
—V.
in
in
156,
the
p.
B,
:
$6,509,786
-
allowance
1942.
amount
of
depreciation
for
deducting
fAfter
S.
$201,200
and
1941
$5,626,391
$2,212,282
Treasury
1941
in
tax
notes,
$556,228
1416.
of
in
U.
in
1942.
Holyoke Street Ity.—Earnings—
Period End.
Net
profit
Sept. 30—
—————
Rev, fare pass, carried—V.
$17,036
/'/
■
$10,330
5,333,983
3,571,839
$0,091
.
.;..}•///
156, p. 605.
1942—9 Mos.—1941
1942—3 Mos.—1941
$10,199
$6,153
2,067,190
1,148,781
:
$0,093
$0.09
$0,088
.A.//;//'/
Holophane Co., Inc.—45-Cent Common Dividend—
per share has been declared on the com¬
payable Dec. 24 to holders of record Dec. 10..
50 cents paid on Oct. 1, last; 60 cents on
Aug. 26, 1942; 55 cents on June 15, 1942; 40 cents on April 1, 1942,
and 50 cents on Jan. 2, 1942.
A'
A
dividend
mon
stock,
This
65
cents
45
par,
with
during 1941 were as follows:
March 31, .35
and Oct. 1, 40 cents.—V, 156, p. 865.
Payments
2,
of
110
compares
cents,
Honolulu Oil Corp.
9 Months Ended
Gross
1942
Costs, oper. expense, taxes and general expense
Depict.,
and
deprec.,
1941
$3,557,539
.1,386,066
1,187.121
1,136,862
$1,272,427
etc.
abandonments,
June
(& Subs.)—Earnings—
Sept. 30—
income—$4,188,169
1,728,620
amort., surrendered leaseholds
operating
cents;
Net
operating
.—A
income
$1,034,612
income
Total
19,676
81,385
$1,292,104
:
—
income
—
——
$1,115,997
Interest
167,289
*
—
Consolidated
Balance
Sheet
accounts receivable,
inventories
petroleum products, materials and supplies
Investments in other companies, special funds
of
deferred
and
$1,034,825
Sept. 30. '42 June 30, '42
in. banks,
Cash
81,172
$1,124,815
paid
income
Net
accounts
Capital assets
;
Prepaid and deferred
receivable—
—,
—
— —
charges—-:——
$1,655,869
$2,217,049
233,193
220,896
16,811.083
64,284
16,325,377
30,415
$61,817
Dec. 4 declared a dividend of 65 cents per
Share on the common stock, payable Dec.
12 to holders of record
Dec.
7,.
This compares with 35 cents paid on Sept.
12, last, and
25
cents each on March 12 and June
12, 1942.
Payments, during
...The
—
423,769
1,119,118
130,882
88,713
$7,303
$4,875
——
charges
566,762
342,762
$7,838
—
1,409,457
Earnings—
2,675
—A-
Net.oper. revenue—A
Non-oper. income (net)
$2,443,404
156,
29,704
i—'_*—A—11/
Gross
50
816,844
257,000
766,515
$48,157
revenues-
Maintenance
'
1941
$2,318,682
——_——A—
Assets—
1
stock,
625,000
*
'
1864.
Sept. 3ft
1942
insurance^-
/
.
$2,428,365
series
162,500
/
1942—Month—1941
Period End, Oct. 31—
,
A
257,000
*
*
Operation
In
625,000
A—A'/
:
113,955.
7,174
A—/
par)___
;,AA'//'./•; :/-:-./v./;:.A/../..'•;/■/
r
of
Sheet,
sugars——
for
Total
Other
have been heard.
Only his representatives are
only one side of the case is presented.
Because ofthese charges can be presumed
anyone.-unless
1150.
Operating
true and
be
Sales
38,726
.."After reserve for doubtful accounts and notes receivable of $37,760
in
1941
and
$29,550
in
1942.
After reserve for depreciation of
they are
•
27,306
132,500
$545,230 in. 1941 and $621,325 in 1942.
withheld at source of $19,043 in 1941
proved
p.
39,997
130,002
—"
16,174
33,903
-_—_*——//
*
life
payable
on
Reserve
$66,189
17,141
—_
liabilities..-—.
—
A
'
in court.
.
A
Z
.
..
"On behalf of this company and 104,000 loyal employees.; we say. now
that we will disprove every charge Mr. Arnold has made."—V.
156,
to
$80,728
—
AAA"/'"
surplus2—A----AA-*-/*A-—A™--
Earned
year
Balance
copyrights
salaries,
Deferred
>
Mortgages
payable
Common stock
($1
have held that none of
courts
prior
„
Aver, fare per rev. pass.
$2,074,635
■
Paid-in
Loan
1.
79,888
$2,141,002
current
Miscellaneous
his accusations
only
for
refund
-——
stock
Common
Accounts
Accrued
2,801
;
46,219
*
A—
'
tLess post-war credit
$5,646.
SProfit.
inventory
Liabilities—
1,107,748
31,491
1
Accruals
people of the United States have no right to patronize a company if
their patronage will make the company grow.
A A A'■ A''"•%■'■ AA;
"/'Mr. Arnold has had his field-day at Dallas.
Before the Grand Jury-
.
50,142.
cos,_„
charges
"After
A
—
—_—*
payable
tax payable
.Deposits on containers
^Federal income tax payable——,'A-
.
and vicious- charges have ;
Division
230,238
2,579
expenditures
subs.
Pennsylvania 1 % % notes
(less allowance)-
and
Deferred
and
supplies—*—82,626
of
Liabilities—•
for them markets and a constantly
Anti-Trust
243,602
of
of
$6,509,786
■
..
share of
would; appear that these
introduced to support an
259,626
§172,562
of
assets.
Patents
209,329
13.393
:.' ?/" 258,122
hand——
on
Accounts
,
"It
$2.06
amort,
&
$349,866
216,264
/
294
100,045
notes receivable /,
and
1941
1.;
$320,663
;
receivable
•Beverage
the consumer's dollar. -To attack our selling policies/
is to indict the common sense of the millions of housewives, who have;
built our business by their, patronage. /,
;/A/// • /AAA
been
500,544
$2.11
Capital' surplus
Earned surplus
'
r 1942
//•'
.',./1,071,882.■
Total
bottle of milk for their children.
/
"To attack our buying policies is an indictment of - the judgment • of
the hundreds of thousands of farmers who have sought our business
•,
$862,029
625,680
of
value
Deposits
Sept. 30
Sheet,
tProperty
loaf of bread or another
larger
$879,335
receivable
Accounts
69,727
Uncompleted construction job orders.^
/Trademarks, and patents--———-——
Inventory
1,273
16,307
$283,911
33,190
235,650
33,650J
$2.59
stock
securities /—
Marketable
$273,730
AA-/AAA/---//- A///./' /
Investments
32,000}-
41,100
f 25,954
assets
/■Permanent
•
because we have been able to obtain
f470,200
.
1.637,740
Cash
166,014
stamps
308,0001
■'/, '
136,763
525,536
bonds & certificates of indebtedness
revenue
68.349
452,000
625,680
loss
Merchandise
bonds
on
$1,166,028
72,701
taxes
.
472,946
575,271
/
Consolidated
interest
$1,343,266
68,066
1,906
—
JLess
$6,800,
904,378
Inventories
and
extra
of
Assets
$308,800
notes
and
3,817,130
share-^——-——
net
$883,438
-
S. Govt,
Federal
Department of Agriculture, the Office of Price Administration,;the
Office of Defense Transportation and other Government departments
have been concerned with holding down food prices, eliminating waste,
equitably distributing the many foods in which a shortage exists.
In the face of all this, the Anti-Trust Division now declares a domestic
war on efficient distribution which has made the .greatest contribution'
to this effort.- 1
AAA //'///'/''.A'AvAA
"Every corner grocer and every housewife in the United States knows
that there is no monopoly In the food business.
It is the most com¬
petitive business in America,
The A. & P. does only 8 % % of the
total retail food volume.
It did not reach its present position by
Wah Street financing, combinations or deals with anyone.
It has'
grown because millions of housewives found that they could feed their
families better by taking advantage of low prices for quality food. '
a "It seems now, with food prices at a peak/to be against the public
interest to make it possible for those with low incomes to have air
on
4,175,024)
401,149]
417,120 shares of common stock, $1 par.
"On
a /,/.//
.
$924,195
501,121
a';/a" a'":
deposit and on hand—^
Accounts
consumers,
1940
$4,941,450
for prior years taxes
other classes
&
Consol.
price.—;
1,006,134
—
Assets—
1941
$5,870,072
of
leasehold improve, chgd. to mfg.
$954,953
stock—_
■
:
cents
$1,124,319
41,709
taxes'.——A
deprec.
1,124,235
,
stock—
prof,
oil
25
1,
above:
in
for
Prov.
/
29,095
—
•
greatest
Reflected
1,298,477
——
income
Oct.
$1,080,602
$1,022,462
taxes
and
$1,787,816
—
income
Divs.
A-A AA/A;lA;AA-
Monopoly Charges—
income
the common
49,368
tax—'——„
profits
per
$1,930,330
charges
for
Prov.
on
$1,293,899
adjustments—-
common
on
'Earnings
$2,079,188
credits- A,
income
Other
30
dis¬
83,333
—
taxes—
pay.
Dividends
(& Sub.)- -Earnings-
(Del.)
.1941
admin, expenses
&
June
was
$2,056,494
—
income
income
1939
.
20,
cents
$2,139,827
excess
1940
Profit from operations
to growers of fruits,- vegetables, and other farm crops,
and of giving the defendants domination and control of the distribu¬
tion of food and food products in a large part of the nation's most
areas.
expenses..
profit
Other
ing prices paid
trade
Net
the
bonds,
from
1942
/
—
1
3,971,611
387,226
—
general
__—;
income
$2,320,939
Gross
Gen,
injuring and destroying food manufacturers, processors, manners,
wholesalers, and thousands of independent retail food dealers, depress¬
important
&
exchange
Additional
from
annum
per
.
be
will
sold (net)
declared
,415,331
income
Foreign
of
A; Company Denies
income
Federal
Broad
30
agent,
company
imprisonment and $5,000 fine.
•
the alleged conspiracy had
year
York,
New
transfer tax at the rate of 5 cents per $100
—_
35
of
&
adv.
expenses—:
Commomv.
Justice Department
charging
the
at
when
date
profit
Selling & deliv. expenses
announced, Nov. 25,.an indictment at Dallas.
and
11 subsidiaries—described as the
nation's largest buyers, makers and sellers of food—with conspiring
to monopolize trade and commerce in food and food products.
The indictment was in two counts, each carrying a maximum penalty
The
Tex.,
of
Co.
Under
•
Trust Laws—
paid
be
Sept. 30—
March
of
com¬
share
record
common stock
the
on
1942
sell.,
Consolidated
104,709,715
on
extra
share
per
E.) Co. (& Subs.)—Earnings—
incl,
Federal normal
the purchase
1774..,//; a aaa'" ;/a/v.'a%aaa'a a a ',/;;■
Cost of goods
.*
Trust
Harvard Brewing Co.
$
12,173,545 128,664,688
14,382.186
156,
1942—11 Mos—1941
1S42—Month—1941
.
Sought—
accepted.
are
amount
principal
v.
tw. T.) Grant Co.—November Sales Up 18.14%—
Period End. Nov. 30—
Sales
&
The amount of Federal
of
.
which
of
the
to
1942,
1,
tenders
1774.
156, p.
will
interest
paid
and
April 1, July
156, p. 1050.
Sept. 30—
sales,
Total
City, will until 12 o'clock noon, E.W.T., on Dec, 28, receive
for the sale to it of up to $868,000 first mortgage junior lien 4%
Accrued
follows:
as
Discts., prov. for doubtful accts., Sic,
delivery thereof at the office of the agent within a
from the date of notice of acceptance,
/
dividend of 35 cents per share on
an
————
of
Other
this issue.
on
accepted will be paid for by the corporation
payable Dec. 24 to holders- of record Dec. 14.
A
like amount was paid on Dec. 26, last year, as against 25 cents on
Dec. 26, 1940, and 12V2 cents each on Dec. 28, 1939, and on March 30,
1938.—V.
company
share
Bank
last,
cents per
cents
holders
to
share has been
per
Operating profit
declared
Jan. 2 to holders of record
made regular semi-annual distribu¬
N. Y.
bids
stock,
common
Ended
delivery
been
cents
were
sales
Cost
1774.
has
share
per
were
26
35
share on the
43%
26
Dec.
30,
Dec.
of
per
of
$10,. payable
par
the
per
cents
cents
value, payable Dec. 26 to holders of record Dec. 15.
Like
disbursed on April 1, July 1 and Oct. 1, last.
Payments
Hires (Charles
Years
Net
sinking fund bonds, series B, at prices not to exceed 67% Of the face
amount of the bonds and accrued interest.
Notices of acceptance of
tenders will be mailed not later'than Dec. 29, and the bonds so:
"•
.
cents
50
Continental
The
SL,
/'/A- :v/>AAA
88.
p.
Previously
of
40
Hamilton Gas Corp.—Tenders
:
share and the usual quarterly/
been declared on the common
to holders of record Dec. 15.
on Jan.
2, this year, as against
155,
1941
Foreign
have
Dec. 31
payable
1,
per
share
amount
April
on
$2.50
per
both
par,
of
extra
$1.50
of
dividend,
extra
$223,477
156, p.
each
Sept.
on
each, and Dec. 26, 50 cents.—V.
(Nova Scotia)—Smaller Div.—
of
dividend
stock,
common
10.
Dec.
tions
dividend
profits taxes.—V.
excess
Halifax Insurance Co.
A-semi-annual
April 1, 1941, and on July 1, Oct, 1 and
No
156,
account of
on
dividend
10
payable
cents
and
30
25
of
par
no
during
66,942
reduction for post-war
Act without
Revenue
five
of
June
Administrative
stock,
common
pared with 50 cents each on
Dec,
credit
an
interim dividend of 30 cents per
payable Jan. 2 to holders of record
distribution was made on July 1, last, as com¬
1942
the
and
960.
p.
extra
an
all
30,
dividend
stock,
excess profits taxes for
substantially at the rates
are
$69,171
Hercules Motors Corp.—25-Cent Dividend-*
declared
have
directors
on
in
1942
156,
quarterly dividend
stock,
Extras
16.
usual
the
preferred
Sept.
A
and
income
31,
Oct.
ended
1940
$0.02
taxes/development
1941, while
bursed.—V. 156, p. 1503.
$290,420
$296,758
$16,016
$5,811
for Federal
accruals
months
ten
1939
$23,626
$0.03
$0.01
exploration/but before
1941
$56,948
$0.02
and depletion,—V.
and
March
and
226,876
66,156
5,513
5,513
stock
1942
$54,020
,.
regular quarterly dividend of
the
on
$517,296
$362,914
$21,529
$11,324
—
pfd.
on
1941.
In addition an extra
1941.—V. 156, p. 1774.
25,
Nov.
July 28,
directors have declared
stock
Dec.
201,050
133,601
68,685
206,315
,
13,786
59/693
income
Note—The
Dividend—
Glidden Co.—Resumes Common
and
on
income.
share.—,
provision for
the
on
,
$2,287,381
1,176,749
190,000
$2,714,681
112,906
18,750
Balance
*
,
,
•
The
25
paid
the capital
on
14.
Like amounts were'
Nov. 25, last, and on
and
25
Aug.
25,
(Walter E.) Heller & Co.—Extra Distribution—
mon
120,554
1941
$1,466,060
;.
..; v •
the
share-
Aug,
was
net
per
depreciation
and
taxes,.
income
Dividends
•
7/.
■ /.
May
Iledley Mascot Gold Mines, Ltd.—Earnings—
$244,227
______—
expenses—,
and other deduct.
Inter,
Net
$1,623,994
'
, -
share has been declared
per
25,
30,
share
per
''Estimated
of record Dec. 11.
A like amount
compared with $1 on Dec. 30, 1941;.
cents on Dec. 26, 1940, and 50 cents
1942—Month—1941
profits taxes
Gross
.
1942
1942
/
2038.
p.
'
.
Jan. 1 to Nov. 30
$44,025
Period—
Operating revenues AA_/'
—V.
•
...
Week Ended Nov. 30
'
cents
25
Feb.
amounts were
.
Co.—25-Cent Dividend—
Pineapple
of
on
31,
$1
■
Corp.—75-Cent Div.—
as
75
1941;
depreciation/,
taxes
i,
Federal
mortgage 5% 40-year sinking fund gold bonds due
105 and interest;
Payment will be made at the '
Bank & Trust Co., trustee, 70 Broadway, N; Y,< City.
;
-ml
29,
for
General
total
a
of
1940.—V. 156, p. 514.
Period End. Oct. 31—
.
Prov.
1943
•
Jan.
Gulf Power Co.— Earnings—
on-
have
$79,000
24, last,
Sept, 12,
2038.
accepted by the
was
/The
-
Georgia-Carolina Power Co.—Bonds Called—
July
dividend
disbursed
to holders
29
Dec.
25 cents each;
12,
156, p.
stock, payable Dec, 24 to holders of record Dec.
share has been declared on the common
cents per
75
Sept.
on
Operating
of
of
payable
on
April 1, " July 1 and Oct. 1, - last, as-against 50 cents
April 1, July 1, Oct.' 1 and Dec. 27, 1941 —V. 156, p. 1952.,
on
18 and June
March
12, 65 cents.—V.
and Dec.
Hawaiian
A
paid on Dec.
14.
disbursed on Aug.
was
•
stock
follows:
as
were
cents,
3 Mos. End. Sept. 30—
declared" a dividend of 25 cents per: share on
the
common
stock,
payable
Dec.
24,
and the regular quarterly
dividend of $1.50 per share on the preferred stock, payable Jan.'2;
both to holders of record Dec. 14.
,•//'
Distributions
of
25
cents
per
share
were
also made
on
the
common
35
per
preference stock, par $10, payable Dec. 24 to
record Dec.
of
also
was
Grumman Aircraft Engineering
•:;
have
directors
cents
25
the regular quarterly
resignation of Major Matthew Robinson
board at his request.—V. 156, p. 781.
Corp.—25-Cent Dividend—
General Time Instruments
of
both payable Dec. 24 to holders of record Dec.
cents
25
.The
A
The
of
share on the 5Va%
per
holders
stock dividend series) so held.
Distributions of 44/1000 of
one
share of common stock tor 50
cents, in cash)
were made
on
the $6 preferred. stock on March 1,
June 1, Sept. 1 and Dec. 1, last, and in preceding quarters.—V. 156,
vertible
extra
stock,
common
An
share of common stock foxshare of the $6 cumulative convertible preferred stock (optional;
dividend series)
so
held; or, at the option of the holder, in
at the rate of 50 cents for each share of $6 cumulative con¬
to
at
dividend
extra
an
dividend of like amount on
14,
29, last year, as against
20 cents extra on Dec. 26, 1940, and 50 cents extra on,Dec. 21, 1939.
The directors also declared the usual quarterly dividend of 13% cents
the
common
Dec.
declared
3
Dec.
on
addition to
share in
payable
preferred
stock
(optional stock dividend series),
stockholders of record Dec. 15, as follows:
In
vertible
directors
The
the $6 cumulative con¬
dividend on
a
1941
Greyhound Corp.—Extra Dividend—Official Resigns—
Corp.—Dividend—
General Shareholdings
2131
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4133
Volume 156
Total
———;
——.
$18,764,430 $18,793,737
Liabilities—
and
Notes
and
accounts
other
taxes
payable,
accrued property
:—-—
Capital
obligations ———
stock
*—
—-—
surplus (paid in)
Earned
surplus
Long-term
Capital
$18,764,430
Total
-V.
156, p.
$584,348
1.842,558
9,285.945
47,500
7,004,078
695.
$701,430
1,868.537
9.285.945
47.500
6,890.325
$18,793,737
THE COMMERCIAL & FINANCIAL CHRONICLE
2132
An
dividend
extra
cents
25
of
payable
dividend
to
holders of
of 25 cents per
22
Dec.
Net sales
Cost of prod, sold,
&
,
admin,
Deprec.
115,951,036
directors
*1,061,869
123,374
Miscellaneous
charges
possible tax &
Prov. for
other
i
on
on
Shares
$1,347,798
86,724
930,000
preferred stock
stocks
common
estimated
465,000
,
475,000
$3,19
of $13,984
provision
taxes of
for Federal
and
normal income tax and
taxes of $70,300, less excess
Net
;
of
$10,627
for prior years)
receivable
Sundry
plant
■.
—
—
equipment—=
and
assets
Prepaid
5,547,178
78,238
.
—
charges
Total
payable
flAccounts
"■
Dividends
,
payable
§Reserves
.-v.—
——
taxes
$2,138,267
1,450,610
.
——
.™—
—™i.„
....
Minority interest in capital stock of subsidiary
preferred stock——
16,873
•Commen
6,116,586
£>r358,414
stock.—
treasury
Surplus
——_
;
™
——,
—
&
including Fed.
$3,695,231 in 1942, and reserve for revaluation of certain branch
plants and feeder farms of $93,991.
IReserve for contingencies, less
$112,979 in 1941, and reserve for possible tax and other adjustments,
employees' bonuses and
Earned
1942
30—
-—
Total
Gross
operating
Interest
and
1941
profit
-
$212,352
35,305
32,640
market
Provision
value
for
,
income
Profit
paid
23,123
20,883
$69,305
$83,157
42,444
fiscal
for
74,277
year
—_
.
1942
1941
™
Balance
12,097
Gross
Sheet, Sept. 30
"
(net)
(contra)
Real
————————'
deposit, rent security
on
'——————
estate
Furniture
(net)—.^
equipment
Mural paintings
(net)—
Deferred charges
1,398,076
83,885
J——
—
——
1,368,649
782
—.
(net)—
467
92
,
82,898
'
Total;
Liabilities—
Accounts
Credit
; $1,550,504
'/"V'" •.
<'■
payable
balances
:
in
accounts
receivable
Collected from employees for,
Defense bonds
(contra)—.
'
Accrued
expenses
Reserve
for
Deposit
on
•Common
Federal
;
—
Total
local
&
1,026
tax.....
—
23,237
23,123
.....
(contra)———.j...—.—
23,006
2,071
1,333.616
131,830
,
'$1,526,128
——$1,550,504
charges
distribution of 75 cents
156,
p.
is
an
Trust
of
the
outgrowth
De
Witt
the mortgage.
'The meeting
-
made
was
on
Dec.
23, last year, and
$483,107
Day
Line
To
Vote
on
Dec.
on
Indenture
Co., as trustee of the first mortgage 6% 10-year
a meeting of the holders of the bonds to amend the
mortgage securing the bonds. The proposed action
of the requisition by the U. S. Government of the
Clinton, which constitutes part of the security for
be
held
Dec.
18
at
Wall
14
the company urges attendance
attend
the
1,546,954
61,036
34,757
658,297
361,712
$378,420
Dr2,796
$392,409
Prl0,613
$4,700,932
Br71,433
$5,086,406
19,790
$375,624
$381,796
$4,629,499
$5,106,196
118,750
118,750
18,051
18,051
216,609
216,609
J9r9,511
1,941
Br9,511
2,221
Drll4,130
11,809
Brll4,130
(net).
deducts..
6,308
4,795
68,141
68.113
$247,490
$3,022,070
$3,479,690
Federal
$702,116
$645,980
Net
in
'
in¬
of
in¬
rates..
tax
483,945
a
2!/2% stock dividend
on
the Bank Group
declared
3
Other income
Int.
a
dividend
of
10
cents per
26,
holders of record Dec. 14.
last, and on June 26 and
——.
long-term debt
of debt disct.,
and
(Canada) Ltd.—Accrued Div.—
have declared the regular dividend of 5% for the 12
Sept. 30, 1942, and an additional dividend on account
of 2xkcht or 50 cents per share, on the new 5% cumulative
ended
of arrears
/—„
niium
bond
of
net
pre-
outstanding
on
issue
General
interest
Miscellaneous
income
$240,086;
are
asked
to
send
proxies.
St.
at the
In
same
a
letter
meeting.
to
Those
.
mortgage 6 %
has called a meeting for a similar purpose, to
day and at the same place.—V. 155, p. 2007.
30,914
156, p. 1865.
Kansas Electric Power
Period End. Sept. 30—
Operating revenues—..
Operating expenses
Taxes (other than Fed/
inporae)
Net
$2,994,575
377,384
1,723,995
$2,806,392
1,616,427
75,909
73,004
305,295
267,134
52,824
43,960
7,187
186,572
171.954
30,737
$173,244
$178,018
•
tax.
income..
(net)—..
oper.
1942—12 Mos.—1941
$678,553
406,111
taxes.
•Federal exc. prof.
Co.—Earnings—
1942—3 Mos.—1941
$738,825
.... ——
income
•Federal
Other income
12.
1,425,000
premiums on refunded
participating preferred stock, par $20, both payable Jam 12 to holders'
of record Dec.
1,425,000/
redemption
issues
Amortiz.
share
24 to
(net)—-
income
on
Inc.—10-Cent Dividend—
The directors
months
434,361
43,101
income
oper.
Amortiz.
Dec.
profits
excess
taxes accrued in
come
Securities, Ltd.—Stock Distribution—
407
$729,215.
$688,897
$178,318
.
21,560
$687,723
1,175"
300
.'/ $173,651
90,990
$730,427
1,212
Jan.
On
12, last, the company paid a dividend of 5 & for the year
ended Sept, 30, 1941, and an additional dividend on account of arrears
of 25 cents per
Gross income
Int.
share.—V. 154, p. 52.
International Hydro-Electric
Period End,
& other
Other
System (& Subs.)—Earns.
Preferred
1942—12 Mos.—1941
$20,542,543 $18,504,085 $79,999,455 $72,668,133
(net)—
426,257
706,188
2,149,624 , 2,854,609
income
deducts...
stock
Balance
—
exps.,
incl.
chased power
Taxes
9,1'68,111
7,435,064
1,081,045
1,071,530
30,270,870
4,196,676
253,825
132,250
$476,602
155,154"
$302,914 v
$321,448
33,062
$82,183
$76,023
arid excess" profits
income
taxes have been computed
with the Revenue Act of 1942.—V. 156, p. 960.,
'
2,182,729
8,768,904
8,651,797
in¬
—
Keith-Albee-Orpheum Corp.—25-Cent Dividend—
26,240,074
4,016,802
2,129,627
—
than
taxes)
divs
...—;™
Federal
•1942
pur-
—
(other
come
253,733
$435,164
$20,968,800 $19,210,273 $82,149,078 $75,522,742
revenue
Oper.
Maintenance
63,072
$115,246
64,566
$109,085 /
P*
33,062
-
—
in accordance
Total
—
1942—3 Mos.—1941
Sept. 30—
$8,590,016
——
dividend of
A
25
cents
share has been declared
per
the common
on
stock, payable Dec, 23 to holders of record Dec. 18. Like amounts were
paid on June 24, last, and in December,. 1941.
Virtually all of the common stock is controlled by Radio-Keith-
$8,520,951 $38,912,629 $36,614,069
& other debt of subs.
2,513,200
9,961,083
398,520
i;594,080
1,594,080
306,169
195,205
1,705,304
1,096,862
1,820,117
1,765,048
7,480,132
6,709,861
.
debs, of In-
on
•
156,
Kellett Autogiro
10,125,710
2,471,282
It
was
initial
•'
System
Orpheum Corp.—V.
1865.
p.
.
funded debt
on
398,520
—
expense
for
deprec. chgd.
operations
&
for
excess
Prov.
&
V.
for
S.
announced
dividend of
Corp., Philadelphia—Initial Dividend
Dec;
on
10
cents
that
7
per
Dec. 22 to holders of record Dec.
.
the
12.—V.
excess
358,000
1,681,503
1,201,376
1,379,776
on
1,758,031
6,714,075
7,625,630
full
Other
Net
of
499,358
2,315,842
1,405,084
256,128
238,568
897,551
26,565
profit
Cr93,180
26,665
•$480,491
$248,154
$9,259
$461,519
of
the
liability for Canadian income and excess
profits taxes for the year 1942 cannot yet be determined.
Provision
for estimated United States taxes on income applicable to the 1942
periods has been made in accordance writh
the
recently enacted
Revenue
Act
of
for
the
the' six
ten
report
which, compares
of
months
Keystone
yvith
the
ended
Funds
Series
Oct.
are
"B2"
1942,
31,
now
$28,370,000 'at
approxi¬
the close
1941.
asset value
per share
on' the
Series
",B2" Fund' increased
during the, last six qionths.. Total net assets on Oct. 31, 1942
$6,996,189, equivalent to $22.52 per share on the 310,72Q out¬
standing shares, compared with $5,816,848 on April 30, 1942, equal
to
$21.45
2039.
against
subs
amount
of
Net
p.
•Deficit.
Note—The
$41,000,000,
semi-annual
Fund
assets
1,218,931
net
subs
charges
income
mately
in- the
Bond
total
on
.
were
877,513
in
that
an
5%
curr.
pfd. stks.
on
corporation
Medium-Priced
of
of subs._
int.
of
5,600,613
402,850
subsidiaries
income
6,408,085
pfd. &
on
require,
Minority
1,248,947
notes
prof, taxes-
Divs. declared
declared
216,143
inc.
declared
have
the. common stock, payable
156, p. 431.
Keystone Custodian Funds,-Inc.—Net Asset-Value
The
prof, taxes-
Canadian
directors
share on
Series "B2" Fund Up 5%—
income
accrual basis not
income bonds,
be held on
$631,639
for divs.—
class A stks.
The Manufacturers Trust Co., as trustee for the second
20-year
1,718,654
1,653,364
™
of
will
the bondholders
unable to
1,700,649
128,220
125,363
was
Prov.
1503.
River
bonds, has called
indenture
85,959
stock, payable Dec.
against
Amendment—
Steamer
68,389
amount
Dividend
Bankers
504,875
common
and
25 cents per-share and the regular quarterly
75 cents per share have been declared on the common
Stock, both payable Dec. 23 to holders of record Dec. 15.
An extra
,
142,985
135,847
in¬
—
Amort, of debt discount
dividend of
Hudson
140,268
taxes
;
■
Additional
crease
ternat'l Hydro-Electric
of
1940.—V.
816.342
2,203,122
anticipation
504,875
75,005
-
the
Interest
County Electric Ligrht Co.—To Sell Bonds
Howe Sound Co.—Extra Distribution—
23,
853,855
2,188,548
7,035,170
.
Consolidated- Electric & Ga3 Co.
extra
6,735,150
84,362
State
612,152
$1,278,590
490,515
like
Interest
See Consolidated Elect jic &Gas. Co.—V. 122, p. 1309.
An
1942—12 Mos.—1941
184,657
Federal
and
818,883
$1,204,903
paid on June
Dec. 26, 1941.—V. 156, p. 1503.
■
dividend
$1,255,289
842,124
156, p. 1608.
Prov,
-
$2,686,324
$1,062,987
—
Privately—
■
$2,817,985.
863,154
676,241
Insuranshares Certificates,
20,884
3,285
1,333,616
—,—..,
./■;158,954
lioughtoii
$2,984,981
937,954
deductions
Total'
See
1939
1,011,143
998,152
income—
Operating revenue
Hoosier Gas Corp.—Sale of Bonds Privately—
-
1940
taxes-
•Represented by 5,306 no par shares.—V. 155, p. 2367,
♦
1941
$3,072,282
The directors on
$6,182
8,539
5,439
...
income
$1,824
/
...
■Surplus
'
■'
cease
66,501
182,135
—
-
Net income
purchase of U. S/
1—
—
leases
stock
._™_
$1,526,128
shall
609,808
taxes
/taxes
1942
International Paints
92
—
and
22
company,
633,584
—
laneous
Net
2,071
12,314
trust
$1,577,198 $19,225,178 $18,468,339
$1,640,890
revenues-
oper.
Federal
10,169
2,400
11,991
-
—
the
at
1942—Month—1941
Period End. Oct/31—
Total
$5,162,071
$1,321,028.—V. 156, p. 1417.
-$hares, class A, payable Jan. 2 to holders of record Nov. 30t
Like
aihounts were also paid on Jan. 2 and July 1, 1942 and 1941.
Cash distributions on these shares during 1942 were as follows;
March 20, 2.16 cents, and Oct. 1, 1.96 cents., Payments in 1941 were;
April 1, 2.26 cents, and Sept. 30, 2.20 cents.-—V. 156, p, 1050.
1,026
(contra)
expenses
made
Kansas City Power & Light Co.—Earnings—
Depreciation
.
.
be
Interest on the drawn bonds
redemption date,—V. 156, p. 1690.
City.
Maintenance
—
Institutional
■
Prepaid
Y.
the
329,020
-—
will
Payment
N.
after
2,343,019
The trustees have declared
A
$49,468
9,907
:
1943.
St.,
and
—_—
revenue
Bal. avail,
Collections for purchase of U. S, Defense bonds
Funds
1,
from
———————
———
———
—
Fed.
-V.
on
,
receivable
principal amount of these bonds have been drawn by lot for redemp¬
tion, at 101%, out of unapplied balance of sinking fund moneys, on
Feb.
Operation
Oper. maint. & retire.
All
$84,419
•
—————_„™—™—$91,276
Accounts,
City Bank Farmers Trust Co., as successor trustee; is notifying
holders of first mortgage gold bonds, 5% series due 1946, that $5,000
Federal
68,972
—
Assets—
Cash
$97,866
and
undistributed profits taxes
Dividend
Kansas City Gas Co.—Bonds Called—
883
1.
Co.—50-Cent Common Dividend—
year-end dividend of 50 cents per share has been declared on'the
stock, payable Dec. 22 to holders of record Dec. 12.
This
compares with
75 cents each paid; on. Jan. 15 and July 15, last.
Payments in 1941 were as follows.
Jan. 15 and July 15, $1 each, and
Dec, 15, a year-end of 50 cents.—V. 155, p. 2458.
Gross
™™.;1,350
1940.—V. 154, p. 1379.
Corp.—Initial Dividends—
been declared on the class A
both payable Jan. 1.—V. 145, p. 1905.
'
Julian & Kokenge
William
Indianapolis Water Co.—Earnings-
36,800
$104,041
v;.
.
Federal
705'
inc. taxes payable over
stock———
i——
—
14.
A
130,000
695,000
39,835
1,170,000
12 Mos. End. Oct. 31—
74,361
-
record'Dec.
common
$209,028
75,671
of
,
and the usual quarterly
stock, both pay¬
Similar extra dividends,
,
common
Initial dividends of $1 per share have
come
$513,164
304,136
$201,292
'73,559
.
—
Operating profit
—™—$92,428
Loss on adjust. World's Fair bonds
to
1940
holders
to
the
on
Dec. 22, last year, and Dec. 27,
and class B Stocks,
exp.
taxes
Depreciation
,
——
•Less reserve for depreciation of
Other
$512,618
300,267
———.
'■
—-—108,573
80,497
preferred
surplus
Interest
Inc.—Earnings—
on
share
per
State, local and miscel¬
Net
$513,045
operating expenses™311,753
un-
notes.—-—
sinking fund bonds——————
4%
stock
Common
♦Represented by 493,944 no par shares,/ {Represented by 28,944 no
shares.
{After reserves for depreciation Of $3,465,200 in 1941
Total
but
—_———-——
and
Hotel Barbizon,
declared
stock
common
■———■
liabilities,
Cumulative
par
Years Ended Sept.
Total income
157,363
4,986,370
5,721,807
IIAccounts payable not due, including payrolls,
other accrued expenses.—V. 154, p. 1378.
————J-—.,. ,$107,177
Reserves for maintenance-—..——
$17,135,309 $15,025,463
™
j
First mortgage
■
Total
28
paid
cents
declared
The
:'
Serial five-year 3Va%
Dr358,414
stock
tCommon
117,658
,
Customers' advances for construction——_
15,769
1,445,400
6,116,586
Cumulative
18,005
397
161,164
——l.™—
the
•
1,516,839
732,162
254,181
216,571
254,181
350,000
————————
™
Dec.
313,129'
"1
year 1942—
Customers' deposits
$100,000
payable
for
Provision
5,646
r—j—-
1
cumul, pfd.
claimed1
Accrued
Liabilities—
Note
able
were
25
been
178,364
—
payable
on
of
extra dividend
like amount have
of
——..——i..—.u,—'$5,162,071
Accounts
<•
,
Irving Air Chute Co.—Extra Distribution—
$130,347
-————a-
—.—
payable—^———■-/—!
Notes
Co.—5-Cent Dividend—
year-end dividend of 5 cents pier share has been declared on the
stock, no par value/payable Dec. 15 to holders of record
Dec. 1.
This compares with 10 cents paid on Nov. 2, last, 20 cents on'
Aug. 1, 1942, and" 10 cents each on Feb. 2 and May 1, 1942.
In
each quarter during
1941, the company paid dividends of 10.
cents per share, and, in addition, on Dec. 15; 1941, paid a year-end
dividend of 15 cents per sharp.—V. 156, p. 514.
39, 1942
i-/—. ,1
equipment——™———•
4,237,358
and
Liabilities—
$17,135,309 $15,025,463
—.
-
$31,206
-————
buildings
•Lands,
267,079
,™—.
Ironite Ironer
A
common
An
$75,074
Sept.
.
146
—
Divs.
Total
Sheet,
1942—10 Mos.—1941
$3,075,449 $30,132,516 $24,758,096
—V. 156, p. 2039.
21,470
——
$56,741
Inc.—Nov. Sales Up—
1942—Month-^194;l
$3,577,799
—
James River Bridge
Miscellaneous, investments
-5,455,411.
87,363
313,522
™—™
expenses
tax
Costt of work in progress not allocated—
——
{Property,
inc.
Balance
Interstate Department Stores,
Period End. Nov; 30—
-
—
Deferred
Oct. 25/41
$2,821,978
$1,062,964
3,808,443 '
3,222,237
4,565,948
4,930,409
™„
Inventories
Fed.
Prepaid insurance
Prepaid interest
Oct. 31/42
™^.
20,998
2,187
deposits —;—
receivable (less reserve for doubtful accts.)-^—
Inventories'--^
!——j™—-—■
Sheet
Consolidated Balance
Accounts
6,252
——
.
Accounts
of $461,623.
Assets—
Cash
2,794
Special
taxes of $199,040,
(less excess pro¬
social security
$260,867,
,1
27,632
'2,323
5,861
Cash in banks and oh hand——-—.—
$263,154, payroll taxes of $313,890 and pro¬
taxes on income, less excess provision of
of
before
253,963
35,572
5,255
19,805
on
income
/1940
$342,600
.
16,888
35,058
————
completed in 26,
422 purchases through 78 firms,
largest purchase 6,080 shares and the smallest
156j p. 1953.
Sales
Assets—
provision for normal Federal and State income taxes
vision
„*.■
The offering was
were
share
'
State
taxes
per
Warehouse
Consolidated
$36,167 for the preceding year, of $435,183.
§Includes local
298,933
27,311
——,™.u——26,466
notes—.—.——.—1,529
Miscellaneous deductions —-,-—
7,495
Interest
Federal
for
for prior years/of $497,489.
{Includes local
Wabash Coke &
1941
$490,913
331,147
Depreciation
$2.71
cents
25
(& Subs,)-—Earnings—♦
1942
$478,593
i—
Co. mortgage note
475,000
$3.19
Sept. 3Q^~
——
State and Federal taxes——!
tlncludes local taxes of $233,747, payroll taxes of $302,222 and pro¬
vision for Federal and State income taxes, including additional provi¬
vision
sales
Insuurance
on
of
1941.
Manufacturing expenses
Maintenance and repairs—,—
Administrative and selling expenses
86,724
712,502
$2.38
465,000
surtax of $1,003,950 and State income
provision of $12,381 for prior years.
sion
made on
Int.
-outstanding, (no par)
Earnings per share on
com, stock (no par)—
dividend
The previous payment—also 50 cents—
Aug. 31, 1937,—V. 156, p. 1238.
3 Months Ended
$1,601,001
$1,600,679
86,724
950,000
$1,192,670
86,724
940,000
a
Dec. 30 to holders of record Dec. 15.
made on May 25 and Oct. 30, last, compared
Indiana Gas & Chemical Corp.
$1,033,458
26,046
stock
common
•Includes
,
350,000
Net income
Divs.
$1,012,227
CrlO.523
There
15 shares.—V.
payable
with 50 cents on Dec. 22,
57,307,067
376,515
59,105,387
545,190
declared
3
Dec.
oh
stock,
capital
Production
adjustments
Divs.
the
on
Offering—Hemphill,
Dec. 9 made a special offering of 65,stock (par $15) at 7% with com¬
on
common
minutes.
Similar distributions were
Oct. 26,'40
71,890,330
575,818
§921,530
18,286
596,712
taxes
shares
mission at 40 cents.
155, p. 1600.
was
expenses—
for
527
with the
selling
amort
&
Provision
share
per
Noyes & Co.
share and the regular quarterly
have been declared on the capital
Illinois Zinc Co.—25-Cent Dividend—.
Oct. 28/39
$119,430,789 $74,598,833 $62,252,959 $60,344,087
-
Oct. 25,'41
cents
35
International Paper Co.—Special
cents per
35
V.
The
Oct. 31,'42
of
of
stock, both payable Dec, 22 to holders of record Dec, 9.
Extras of 35
cents each were also paid on-Dec. 22, 1941, and on Dec, 21, 1940.—•
(Geo. A.) Hormel & Co., (& Sub.)—Earnings—
Fiscal Year Ended—
dividend
extra
An
share has been declared on the
per
record Dec.
12.,
Regular
quarterly distributions
share are being
made oh'this issue, the last one having-been paid on Nov. 2, 1942. An extra of 45 cents was paid on the common stock on Dec. 20,
last,
as
against extras of 25 cents each on Dec. 20,
1940, and
Dec. 28, 1939, and one of 15 cents on Jan. 28,, 1938.---V. 155, p. 1512.
stock,
common
Ideal Cement Co,—35-Cent Extra Dividend—
•
Horder's Inc.—25-Cent Extra Dividend—
•
Monday, December 14, 1942
1942.—V.
156, p.
1050.
share on the 271,187-shares then outstanding.—V.
per
156,
King Edward Hotel Co.) Ltd.- -Final Payment to Bondholders—
A
notice
to
holders
of
7%
refunding
sinking
fund
mortgage
gold
bonds, series A and B, due^March 1, 1944. dated Dec. 7/says;
On and. after Dect 10, 1942, there will be applied at the office of the
National Trust Co., Ltd., trustee, 20 King St. East, Toronto,
Canada,
under the terms of
Nov,
in
28.
1942.
Canadian
the Order of the Supreme
$331,590
funds
on
in payment of
the principal of
Court of Ontario,
first
a
the
i
and
final
,i
;
i
.
/
made
distribution
bonds of the
above
,
•
•
r n
issue
'
t
t
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4133
Volume 156
at the
bonds
said
the
Gross
expense
share on the
inventory &
Storm loss,
Net
profit
Crl4,146
'$131,003
$172,511
——
...
..
*$75,400
$3,373
/'■.
■."""'•'"
■"Loss,
Sheet
Balance
■'•./'■
Sept, 26,*42 Sept. 27,'41
'Assets
Inventories
-
357,780
Land, bldgs. &
Kilburn Mill
:
$273,009
■Heserye' for
Reserve for
inventory
for
de-
liabilities'
-V. 155,
202,386
778,050
276,979
Ruling—
■
■
1942—11 Mos.—1941
17,783,282
15,847,758 168,301,531 146,554,871
1942, there were 733 stores in operation,
in the United States and 62 were in Canada. A year
in
United States and
the
62
Sales
'
—
—V. 156, p.
in Canada.
1942—11 Mos.—1941
Kroger Grocery & Baking Co.—Sales Increased—
1942—48 Wks.—1941
1942—4 Wks.—1941
-i--J—•
Sales
/
*»..
r
24,799,089 347,878,050 275,298,804
31,459,149
,
■The average number of stores in operation during the four weeks'
period ended Nov. 28, 1942, was 3,275, compared with 3,503 stores
during the corresponding period in 1941.—V. 156, p. 1776.
•Net profit —
♦After all charges,
—V. 156, p.;
I329w-i:rV..,-;.;r
directors on Dec.
the
on
capital
were
voters
>v:
Interest
the
on
balance
sheet
of
of
The
City of
the
made on July 1, last, and on Dec. 27,
Bluffs
Total
Tons
ore
Metal
Net
$88,210
income
14.
1941,
tNefc
$67,854
i
securities
sold_^.
140
Marketing^charges _____.u8,989
344,579
123,672
317,153
92,034
$173,537
$253,745
—-----
.
Operating and admin, costs—
Reserve for deprec. & def'd devel.—
Estimated net profit—
—V.
—
Sales
—V.
Accrued
/; Total
32,613
'
——
$2,183,726
♦Capital
stock
,
.
;
—V. 156, p.
State
taxes.;
by
2,569,472
$2,591,716
31,347
shares
in
1941
Months Ended Sept. 30—
on
and
by
1942
.
35,165
■
.
:
,;
>,!
1942.—
Operating revenues
108,802
;
-
for
excise
loss
on
average
101,864
General
taxes
Federal
income
——
274,901
taxes.-
Net
/
3,803
1937,
of
Net earnings
Interest
and
Net income
Preferred
Income
Dr 13,989
,
$174,424
37,724
—....—
dividends—-.—
-
——
balance
Note—No provision for excess profits taxes
-V.
$101,342
41,600
$74,070
—
—
70,598
$111,794
deductions
$171,940
62,630
————
other
stock
J.
$173,432
' Brl,492
5,794
6,351
4,010
Lima Locomotive Works—50~Cent Dividend—
dividend of 50 cents per share has been declared
on
the capital
stock, payable Dec. 26 to holders of record Dec.
were paid on March 24, June 26 and Sept. 26, last.
ing payments were made:
share in cash.—V. 155, p.
Dec. 9, 4%
2185.
12.
Like amounts
In 1941 the follow¬
in stock, and Dec. 24, $1 per
cap.
sold
securs.
Carter,
Executive Vice-President, has been elected Presi¬
dent, effective Dec. 31, to succeed Alfred Kauffmann, who has resigned
because of ill health.
Mr. Kauffmann remains a member of the board
of
directors.—V. 156,
p.
1866._
,
145,
67,400
.
been
called
for
redemption
as
of Jan.
1943
1,
a
total
15-yeah prior lien sinking fund bonds dated July 1,
and interest. Payment will be made at The Royal Bank
in Montreal,, Toronto, Winnipeg or Vancouver/Canada.
p.
2552.
McColl-Frontenac Oil
dividend of
A
10
stock
3,546
(based
3,862
on
$113,609
on
Accrued
Def.
227,742
cost)
96,598
191,016
514
1~14~246
104,222
at average .costU—-----——
37,393
receivable—^™—_________
;.
,7,297
by 186,967 shares (par $10)
in 1942.—V. 155, p. 2281.
$2.50 per
on
Dec.
4 declared
stock,
I $37,393
6,990,840
on this
issue.
1942-r-ll Mos;—1941
class
1942—Month—1941
$2,954,488
156, p. ,1776. ■ ■'.
Up 21.4%—-
1942—10 Mos.—1941
$2,433,206 $24,908,695 $21,026,586
/■' ;"//:/;;/."■//;•
"
I.;,.
■;
:■/
A dividend of 25 cents per share has been declared on the common
stock, payable Dec. 29 to holders of record Dec. 17.
Distributions of
like amount were made on Apr. 1, July 1 and Oct. 1, last, and on
Nov.
1
and
share,
was
Dec. 29, 1941.
The previous payment,
made on Sept. 1, 1937.—V. 156, p. 1053.
also 25 cents per
Mahoning Coal RR.—Earnings— /
.
a
i 1942—3 Mos.—1941
1942—9 Mos.—1941
$330,427
$780,344
$899,671
$11.70
$10.74
$25.18
$29.16
•After charges and Federal income and excess profits taxes.—V, 156,
p. 961.
/.
•;
;
/;',•> ■
Period End. Sept. 30
income
—
"Net
per
com.
$359,428
share_
Maine Public Service Co.—To Sell Bonds
Consolidated Electric &
Privately—
Gas Co.
Manufacturers' Casualty Insurance Co. of Philadelphia
;
—Offer Extended to Stockholders—
Commercial Credit
See
in 1941
and
by
173,593
quarterly dividend of $1.50 per
Jan. 2 to holders of record
payable
Co.
above.—V. 156,, p.
1609.
Marine Midland Corp.—8-Cent Dividend—
Dec. 9 declared a dividend of 8 cents per share
stock, payable Jan. 2 to holders of record Dec. 18.
paid on July 1, last, compared with 10 cents each
Jan, 2, 1942, and on Jan. 2, Apr. 1 and July 1 in the years 1941
The directors on
$7,035,217
6,984
Previously the company paid regular quarterly dividends of
share
when
McWilliams Dredging Co.—25-Cent Dividend—
$7,035,217
$34,719
5,834
5,192,381
$5,232,933
taxes-.
—
common
1942—Month—1941
Period End. Nov. 30—
on
—
for Federal and State
the
1938,
8,418
Lord & Taylor, New York, N. Y.—Reduces Dividend—
on
15,
1240.
McLellan Stores Co.—^November Sales
;
A
on
the capital
like amount
and
:
.17.
on the common
record Dec. 15.
special year-end dividend of $1 per share has been declared on
B stock, no par value, payable Dec. 21 to holders of record
14, and the regular quarterly dividend on the same issue of
75 cents per share, payable Jan. 2 to holders of record Dec. 19.
Dis¬
tributions of 75 cents each were made on July 1 and Oct. 1, last, as
against 50 cents quarterly and 25 cents extra on both Jan. 2 and
April 1, 1942.
/■■.,,:■■<':'/ •, ■' '
' - '.
In addition to four regular quarterly dividends of 25
cents each
paid during 1941, the company in that year made the following
extra distributions:
Jan. 2, April 1 and July 1, 25 cents each, and
Oct. 1, $1.
A special of $1 was also disbursed on Dec. 20, 1941.—
V. 156, p. 961.
1,875
♦Capital stock equity„__i.—-—
share
of
Dec.
21,174
$5,232,933
Dec.
holders
since Sept.
(Arthur G.) McKee & Co.—$1 Special Year-End Div.
506,240
21,485
payable
The-directors
to
issue
A
the
$6,460,117
250,841
Liabilities—
•Represented
paid.—V. 156, p.
31
1941
34,719
receivable
Total
this
——-—_—;—_
$5,648,001
$4,654,913 $52,148,810 $43,614,826
November, 1942, the company had in operation 203 stores, com¬
pared with 201 in the corresponding month last year.—V. 156, p. 1776.
124,563
Federal capital stock tax
Provision
payment on
In
See
.;"$ 1,918,592
deposit for dividend payable
interest
Dec.
McCrory Stores Corp.—November Sales Up 21.33%—
Earns,
1942
Dividends
Co., Ltd.—Resumes Com. Div.
share has been declared
Sales
9,708
$124,774
■"Cash-in bank---^—•"
Cash
per
payable
and
Assets
Securities
was
cents
Period End. Nov. 30—
.
Comparative Balance Sheet, Sept. 30
»■
first
the
is
15
value,
par
no
cents
;
;
taxes
shares (par $10)
Link-Belt Co.—New President—
William O,
have
4,372
adjust, on prior years' Federal
Income
Dividends
A
857,236
•.
at 102
stock,
$59,742
156, p. 692,
$1,544,121
$686,885;'
Canada,
.
6,717
'v
$145,206
56,315
:
Ltd.—Earnings— /:,
McCormick's Ltd., Toronto, Canada—Bonds Called— !
There
17,791
agent fees
Dividendspaid /-—
-
$188,413
"
of $65,000 of 4 Mi %
53,563
taxes—
100,542
62,085
—
operating income-—.—
Other income (net).:
Net
& Gas Co.
Earnings''.per "share—" $0.24
~v. 156, p. 1866.
/",//
/.
$187,969
45,356
'
253,810
99,539
—
M
/
Totai/estlmated'-"earnings~J_----:—Z-/—$631,015
'■
—V.
■
Fed.
Net
114,679
102,761
/
Net
1940 v
1941
$184,354
-
1
expenses
$800,642
$836,501
,
B
and
/-'■'7''
Sales
'
Depreciation'
.—--:
General and other operating expenses,.'^.—
class
last,
$170,179
Net income
Maintenance
on
operatingprofit--■ ■' $619,485
Sundry/ineome:-\---—11,531
$2,541,761
in
$169,232
15,122'
—
and expenses
Mass.
■
the
on
Depreciation
;',
$15,673
4,807
2,521,280
22,006
bonds...
Miscellaneous
1776.
1941
made
'".Operating'
1,406
$160,924
19,431
-
______—.
Management fee
Custodian and transfer
Lexington Telephone Co.—Earnings
1942
also
were
(after mint charges)-:
Operating expenses and tax reserve^-_J.----_-----_«----_u.
$2,541,761
4,662
;
//
Interest
$4,217,724 $50,638,104 $38,704,304
.
each
Production
10,988
$180,354
-
1942—10 Mos.—1941
Year Ended Sept. 30—
share
per
Earnings for the 9 Months Ended Sept. 30, 1942
w'M'v 1,921
$17,583
.
and
Provision
$5,658,960
cents
27, April 28, July 28 and Oct. 27,
25, June 25 and Sept. 25, 1941,—V. 156, p. 1954.
Macassa Mines
/'?/
34.2%—
Up
cents
See Consolidated Electric
;
1941
$2,184,596
327,176
.15,674
•//:■
equity
•Represented
9
Sales
-1942—Month—1941
25
Jan.
on
1609.
■
$75.97
V. 156, p. 607.
$1^589,442 $21,283,266 $15,691,539
Corp.—November
25
of
Jan.. 27, and the usual quarterly
per share on the class A common stock,
to holders of record Dec. 15.
■
43,581
1,139
3,649
*
Federal
Total
1
Payment of interest amounting to $30 per $1,000 bond will be made
on
Dec. 31,
1942, to holders of first mortgage income bonds, due
Dec. 31, 1975, of record Dec. 21.—V. 155, p. 2281.
both
of
dividend
a
payable
Lynchburg Gas Co.—Sale of Bonds Privately—
"
Stores
23,
stock
declared
stock,
cents
Charles L. Huston Jr. has been appointed Assistant to the President.
is also Director of Personnel Relations and a director.—V. 156,
/?•■"/>'—?/ v'/-
V'
payable
for
Income—Dividends
Lerner
quarterly dividends of 1M*%
stock, par $100, and on the 5%
both payable Jan. 15 to holders
He
$36,511
V
$2,591,716
Liabilities—
Dividends
Co., Ltd.—Interest—
Period End. Nov. 30—
37Vz
March
p.
Loomis-Sayles Second Fund, Inc.—Earnings-
Sales
;
•
usual
24,485
capital stock tax
/-/—
Reserve
156, p. 1776.
Lautaro Nitrate
the
Co.
8,623
'
receivable—-,
'
1942—11 Mos.—1941
1942—Month—1941
share
Lukens Steel Co.—Official Promoted—
$60,996
17,583
receivable
interest
Deferred Federal
$244,572
Bryant, Inc. -November Sales Up 37.4%—
Lane
deposit for dividend payable..
on
Dividends
156, p.'-961,
Period End. Nov. 30—
have
common
Distributions
3,057
1942
$427,629
150,444
$662,932
B
Dec.
payable
/ Balance Sheet( Sept. 30
ry
in
$436,469
8,840
13,535
$641,788
Net
cents per
50
,
declared
cumulative preferred
of
.
1940
$2,370,761
/ 191,100
.
Cash
53,077
98,324
$676,467
$650,778
^
$57,939
$49,452
46,717
1,295'
$77.24
5,547
$73.07
value
?•;'■•
'
Gas
$73,813
24,361
.'paid:"lli/-i/r^//__^v- '.;': ■'/' 51,937
on
asset
Cash
1941
^
4,013
'
20,357
loss
Net
,
production (gross)———..
of
issue.
also
directors
class
dividend
1941
$77,744
/ 10,466
Securities
Ended Sept. 30—
• :
1942
milled_^~^—"-108,427
the
$69,800
1942
r
bonds:—/
on
.
Dividends
Ltd.—Earnings—
Months
3
dividend
a
Louisville Gas & Electric Co. (Del.) —Dividends—
The
a
•'.'■.'•.Assets—
v
declared
cumulative preferred stock, par $25,
31.—V. 156, p. 1954.
Council
Bluffs at
Council
Expenses
.
compared with 25 cents on June 20, 1941.—V. 155, p. 2281.
La Luz Mines,
this
on
directors
This
to holders of record Dec.
29
payable Dec.
stock,
Similar distributions
made
each bn the 5%
Proposal to Sell Properties
9 Mos. Ended Sept. 30—
declared a dividend of 50 cents per share
8
2
Dec.
on
;
,
Income—Dividends
^.»■
^
-50-Cent Common
Loomis- Sayles Mutual Fund, Inc.—Earnings—
(A. C.) Lawrence Leather Co.—50-Cent Dividend—
The
on
The
—V.
1942—,12 Mos.—1941
$452,713
$593,172
and municipal taxes.
1942—9 Mos.—1941
$329,594
$427,930
including Federal, State
Sept. 30—
90%
instead
the
$1,50
of
Stock, payable Jan, 25 to holders of record Dec. 31.
with 25 cents paid on Oct. 24, last, and 37V2 cents
Jan. 24, April 25 and
July 25, last.; No other payments have
been
31,
Gas & Electric Co.—Earnings-
Lawrence
period End.
of
because
dividend
compares
each
special election on
Dec. 9, 1942 rejected a proposal that the city purchase the properties
of the Council Bluffs Gas Co.
In the event the city election carried in
favor of purchasing such properties, Smith and John Nuveen, Jr., were
to sell them to the city, pursuant to the. terms of a proposal made to the
city toy one Guy C. Meyers, fiscal agent of the city for this purpose,
receiving in exchange therefor 3% gas revenue bonds of the city
delivered at par in the amount of the purchase price paid by Smith
and Nuveen, Jr., to Lone Star Corp. ' Since the City- of Council Bluffs
did not purchase the properties, Council Bluffs Gas Co, will continue
to own and .operate ;thera and .the. securities of ..the company will be
owned by Raymond A. Smith or his principal, John Nuveen, Jr.—V. 156,
p. 2040.
/ v- ■. ;
-V. ...: /■? ;
• ':/V.' ■■
'
Period End. Nov. 28—
rate
common
This
1942, which is estimated to be $6,500.
Lone Star proposes
to apply the cash proceeds of the sale toward the payment of certain
outstanding indebtedness of Lone Star.
1
$8,458,093 $98,561,407 $84,013,613
$11,046,349
-
1776,
v
reflected
at Oct.
(S. II.) Kress & Co.—November Sales Up 30.6%—
1942—Month—1941
quarterly
;
directors
the
on
common
,
bilities
The
Period End. Nov. 30—
The
quarterly
the
A; declaration has been filed .with the SEC pursuant to the Public
Utility Holding Company Act of 1935 by the corporation involving
the following transactions:
/ •
' '■>//■■:''■
As part of a plan of reorganization designed to comply with the
requirements of Section 11 (b) (1) of the Public Utility Holding Com¬
pany Act of 1935 and as a step to comply with this Commission's
order approving the plan and requiring divestment of the properties
or securities of Council Bluffs Gas Co.
Lone Star proposes to sell all
.of the outstanding securities of Council Bluffs Gas Co. to Raymond
A. Smith of Council Bluffs, Iowa, the nominee of John Nuveen, Jr.,
of Kenilworth, HI.
These securities consist of 13,500 shares of com¬
mon
stock
(par $100), and a note with an unpaid principal balance
at Oct. 31, 1942, of $1,000,000 bearing interest at 4 xk <h per annum.
The price to be paid for such securities is $1,325,000 In cash, subject
to adjustments based upon excess of current assets over current lia¬
of November,
were
April
Lone Star Gas Corp.—Files
(S. S.) Kresge Co.—November Sales—
previous, 674 stores
V. 156, p. 1776.
usual
on
Like amounts were
v..
filed in the Circuit Court of Appeals in Boston
holding that Eastern Gas and Fuel Associates is
a
subsidiary of,Koppers Co. and that Brockton Gas Light Co. is a
subsidiary of Eastern Gas & Fuel Associates, Fuel Investment Asso¬
ciates and Koppers United Co.—V. 156, p. 1328.
;
///. /
of which 671 were
the
on
similar order
the close
and
common
Koppers United Co.
Appeals also were
At
declared
.
Nov. 25 that appeals
for the District of
Columbia, asking for a reversal of an order by the Securities and
Exchange Commission of Sept. 23, 1942, declaring Koppers Co. is a
holding company under the Public Utility Holding Company Act.
-:
The order held that Brooklyn Union Gas Co. is a subsidiary of
1942—Month—1941
customary
a
•
,
.J///
Sales
•
The directors on Dec. 3 declared a regular dividend of 50 cents
share and an extra dividend of $1.50 per chare on the common
stock, both payable Dec. 31 to holders of record Dec. 18. * An extra
of $1 per share was paid on this issue on Dec. 31, last year.
In each of the preceding three quarters-of this year and in each
quarter during 1941 regular dividends of 50 cents per share were
paid.—V. 156, p. 961. ' ;
■
/
■ '■.
$1,530,424
$1,801,548
Period End. Nov. 30—
share
been
per
per
Koppers Co. and Koppers United Co. announced
have been filed in the U. S. Court of Appeals
a
the
of record Dec.
Koppers Co.—Files Plea on Holding Firm
from
cents
share have
Loew's, Inc.—$1.50 Extra Dividend—
7,089
778,050
356,154
—
2185.
p.
10
per
10
:
.
r
Capital stock (less 186 shares in treasury)
Surplus, general and capital———,—
Total
of
cents
30
75,000
fluctuation—
employees' contributions
Mill
of
The following
,
bonds
fense
of
Therefore,
Dividend Declared—
1, June 27 and Oct. 1, last.
"
extra disbursements were made during 1941;
April 1,
cents; June 25, 30 cents, and Oct. 1 and Dec. 27, 10 cents each.—
v. 156, p. 1417.
paid
Kilburn
dividend
extra
An
stock, payable Dec. 28 to holders of record Dec/14.
$1,530,424
$100,406
taxes-—:—484,848
/..■/ ?,
..';■'
payable.
Liabilities—
tax.
,
1379.'
p.
Locke Steel Chain Co.—Extra Dividend of 10 Cents—
dividend
$1,801,548
Total 'assets
•'
'Accounts
continuance
profits
Louisville Gas & Electric Co. (Ky.)
'553,393.
;
mach. (less res. for deprec.)__
employees defense pond bank acct.
to' warrant
excess
,
still is too
of $2.50 as has been customary has been declared on the common,"
The company is controlled;
by Associated Dry Goods Corp.-rV. 154,
$619,251
758,454
,
■—
■
_■
$708,489
327,515
'.i 7,089
and prepaid items—
Meeting Delayed—Earnings Estimated—
annual
•
"
'■
Cash, accounts receivable
'
$1.12 Mi
1 to holders of
unavoidable delay in completion of audit and preparation
report, stockholders will meet for the election of directors
on Jam 14,
1943, instead of in early December, as heretofore.
The management estimates that net profit for the last fiscal year
was : in. the neighborhood of $1.75 a common share after all charges
and preferred dividends.
•
1
The annual report will be mailed to stockholders about Dec. 20, it
was
announced.—V. 156, p. 1053.
Crl04,208
—
——,
An extra
Owing to
of
the
reduction in the dividend, Walter Having,
statement:
*
early to know what this company's net profit
will be for the current fiscal year, it is certain that
although sales
now
are ahead of last year, profit after
providing for taxes cannot
in any case be sufficient to warrant the
customary rate of payment
on, the
common
stock.
The company finds itself in the peculiar
position, of there being no longer any normal relationship between
its real earnings and its net
earnings after Federal taxes.
As a matter
of fact, it seems to make very little difference whether this year's
profits before taxes are the same; smaller, or twice as large as last
year's.
They will not yield enough net profit available for dividends
amount on the com"
preferred stock, payable Feb.
with
made the following
"While it
15.
Stockholders'
1,576,708
.
.
(estimated)-.'
property
1,616,908
3,345,421
4Va'/o
connection
President,
cents per
directors also declared the regular quarterly dividend of
The
record Jan.
5,547,573
—
of 25
dividend of
Sept. 26/42 Sept. 27,'41 Sept. 28,'40 Sept. 30,'39,
$5,720,084
$3,476,423 $1,606,134 $1,547,900
1™—-:
income
dividend
extra
an
stock, both payable Jan. 4 to holders of record Dec. 14,
25 cents was paid on Jan. 5, last year.
mon
Kilburn Mill—Earnings—
Gross
3 declared
Dec.
on
and the regular quarterly dividend of like
share
per
Years Ended—>"
directors
The
subject to the completion of the usual income
and to tax deduction, if any.—V. 146, p. 280,
(No. 15) , and previously,
tax ownership certificate
In
Liquid Carbonic Corp.—Extra Common Dividend—
for each $100 principal amount upon presentation of
office of the trustee.
'
''
There is also available $1,459.50 lor payment of the face amount
in Canadian funds of the unpaid coupons which matured Sept. 1, 1931
at the rate of $30
2133
was
1940.
New President Elected—
Bayard
F.
Pope,
Chairman
that Charles H. Diefendorf was
of the Board,
on Dec. 9 announced
elected President and Chief Executive
this corporation to fill the vacancy caused by the death
of former President George F. Rand on Nov. 19, 1942.
Mr. Diefendorf, former Executive Vice-President of Marine Midland
Trust Co. of Buffalo, was also elected President of that company on
officer
Dec.
As
of
7, as successor to Mr. Rand.
Chairman of the Board Mr.
the administration of
Pope is given additional powers in
the corporation's affairs.—V. 156, p. 1418.
THE COMMERCIAL & FINANCIAL CHRONICLE
2134
1942—Month—-1941
$4,067,738
$3,728,803
1,531
25,500
26,994
$326,493
$4,093,238
147,443
1,812,479
$3,755,797
1,671,203
25,657
.—
$324,962
1,739
$349,418
revenues
$347,679
155,000
Operating
23,456
307,660
Gross
revenues
Operation
Fed.
taxes
________
&
income
45,924
32,476
20,249
(Canadian
32,922
Net
earns,
Oper.
$71,191
24,973
25,371
302,601
$45,820
$501,996
13,461
13,461
161,530
161,530
-V.
$573,329
$804,597
$866,170
oper.
$928,932
$905,659
$7,518,703
636,354
564,405
5,024,866
$6,201,492
4,788,720
$292,578
$341,254
$2,493,837
$1,412,772
earnings
156,
Div,
accr.
.
$5 pfd. stk.
on
Balance
available
$28,835
—
$32,359
$340,466
$411,799
the
by
stock
Earnings—
$11,967
*$61,386
$16,790
carried
3,557,684
2,064,075
9,682,744
6,863,696
Avge. fare per rev. pass.
$0,099
$0,098
$0,098
$0,096
pass,
•Loss.—V.
156,
the
master's powers and duties
and to order Mr. Hastings to
previously
held.
Judge
for
Dec.
objects
Martin-Parry Corp.
Consolidated
Net
(& Subs.)—Earnings—
Statement
Income
Ended
Year
lor
sales
Cost of
31,
Aug:.
1912
$3,049,418
____
»_
sales
1,884,865
the
on
both
profit
income
Other
.
Oct.
and
$1,231,493
1,014,652
______
—V.
operating income
Selling, administration and general expenses-,,
Provision
doubtful
for
income
excess
for
Federal
Provision
for
State
$203,149
__
47,832
„_—
Federal
Provision
13,692
.
——:
charges
for
-
——
profit
Operating
Miscellaneous
Provision
accounts-^
income
tax
(estimate)--
profits
taxes
tax
(estimated)——
(estimated)—
12,500
4,000
_______
Balance
Sheet As
of Aug.
81, 3942
Assets-
Cash in
and
banks
$1,423,483,
on
receivable
Accounts
488.200
(net)_——_______________
723,471
equipment
and
"Property
(not
in
used
Prepaid expenses and deferred
140,539
operations)__
791,484
tProperty, plant and equipmentof subsidiary company (net)
Patents
178,443
_
charges„______
37,397
;—
payable
a-
__
—
bonuses
payable
(current
Distributions Agreed Upon—•
Interest
Insurance
Fed.
for
Dealers'
,—.
social
inc.
&
—_____
liabilities
miscellaneous
and
and State
Federal
Prov.
bonds—
on
security and miscellaneous taxes
prof,
excess
Co,,
distributions agreed upon-to go, together with re¬
Midland
United,
into
a
liquidating trust—the
Midland
Liquidating Trust,
equities in
which
will
be represented
by trust shares.
No equity will be available for either the stockholders of Midland
Utilities
Capital
surplus
__
Paid-in
surplus
surplus
183,900
____
60,000
2,262,765
_—.—
111,480
_____
Earned
—_—___
—.—
.____
_■
______
88,700
_____________
707,981
___________
___
____
—
Total
___
-
for
reserve
ciation
of
$734,173.—V.
Electric
Master
made
156,
$3,783,016
—
depreciation
$50,529.
of
tLess
reserve
for
depre¬
1053.
p.
attained
by
in
Offering—Ritter
Co.—Special
&
Co.
(par $1)
with 75 cents commission.
shares and allotments
were
on
a
basis of 62.8%.
There
30
purchases through 14 firms, the largest allot¬
being 1,615 shares, and the smallest being 30
were
ment
shares.—V.
156,
1866.
p.
dividend
extra
and
dividend
of
75
cents
$1.25
share and the regular quarterly
have been declared on the common
per
share
per
stock, both payable Jan. 2 to holders of record Dec. 15.
Extras of 50
cents each were paid on July
1 and Oct. 1, last, compared with an
extra of 75 cents on Apr. 1, 1942, and one of $1.75 on Jan. 2, 1942.—
V.
156,
1053.
p.
,,
^
Merchants Acceptance Corp. (&
Ended
Income
from
Operating
settle
To
in
Net
Sept.
operating
Other
Total
30—
the
paid
$140,216
$182,291
3,354
14,631
$143,570
——
$196,922
45,481
—
profits taxes-
income
Dividends
Dividends
class
on
paid
A stock
stock——
common
on
Consolidated
30,860
4,021
$65,703
34,706
_
_
paid
11,872
19,540
__________—
interest
Minority
36,704
11,246
1,601
expenses
Balance
6,626
Sheet, Sept. 30,
$113,465
34,706
6,626
•Instalment notes receivable and conditional sales contracts
$1,987,586
306,177
insurance,
surrender value
reserve)—
cash
receivable
resale__
Automobiles,
for
Real
mortgages
estate
tFurniture,
fixtures
Expenditures
Prepaid
and
deferred
and
Total
5,874
7,608
.
1,802
T
equipment
business
for
;
__
development____
expenses
Liabilities—•
payable
3Va%
serial
»
(incl.
commercial paper)
40,000
payable
___
certificates
Treasury
Provision
for
38,181
reserves
Accrued
interest
15,076
6V4%
20-year
debenture
3Vs %
and 4%
Serial
bonds
6^440
32^000
___
debentures
stockholders'
A
stock
interest
in
subsidiaries—
Total
♦Less
.
—-
for
doubtful
__________
accounts
of
•
.
at
Net
"C"
certificates
$3
share
preferred
will
to
United
will
each
distribution,
for
shares
the
is not
the
call
$6
Hobart
stock;
notes
Continental
bank.
feasible,
it
All
by
the
■
and
of
of
by
All
of
the
Service
estimated
at
.
.
cluding
South
All
of
sisting
of
the
the
Co.
Service
of 4,157
receipt
agreed
that
Service
Bend
of
Service
Entire
in
Act.
attended
payment
as
to
6/10
Utilities
entire
in
290,000
for
including
Bend
RR
contract
be
SEC
Edison Co.,
Gas
and
holders'
"The
in
"The
United
the
Coke
stock
stock
■
■'
■
olan
Co.
is
and
248,316
252,666
$384,846
$52,469
of
(There
faults,
37,433
or
South
and
in
stock
and
interest
scrip
for
to
Corp.,
July
31,
staff
The
Middle
Midland
Corp.
Co.
and
the
preferred
now
the
Lindsay
stock
being
trustees
The
of
debenture
holders
approval.
Utilities
have
indicated
to
Midland
the
their
trustees
Utilities
Co.,
of
as
Midland
well
as
the
and
Power
•'
for $2,500,000 in
Ogden Corp. and
enable
to
11 .of
'...
,
Co.
Cooperative
Section
;
Dec. 2 approved saje
by Central States
on
.•■'•'•'■'
:
the
Holding
Company
1
..
the
proceeds
retire
to
of
the
Central
Electric
and
sale
certain
portion of, or make pro rata
mortgage and first lien
both.
x
"
:
a
outstanding first
1953,
or
1931.
The
stock
common
since
however,
has,
stockholders,
preferred
or
practical
despite
the
de-
to
elect
in
$3,500,000,
of five
of
the
deplorable
a
interest
to
as
of
only two
consists
asset
been
directors.
Central Util¬
stock of Central
common
financial
its1 bonds,
on
since
Dec.
condition.
has
It
outstanding in the prin¬
and the principal of
1933,
31,
has
been due and owing at least since Jan. 1, 1938.
No
been paid on the preferred stock of Central Utilities
and-no dividends were ever paid on its" common stock.
obvious that the financial condition of those companies re¬
-
that
of
substantial
Section
be
measures
•
taken
to
comply
with
the
pro¬
(b).
11
recognition of these circumstances, Central States,
Missouri Elec¬
Central Utilities/and Ogden have filed a plan under Section 11
(e), which contemplates the sale of all the securities and properties of
States, the use of the proceeds of such sales for the retire¬
ment of its first mortgage debt and the distribution of any balance Of
such
proceeds and any additional assets of Central States to the
tric,
Central
•
holders
of
its
Commission
securities
junior
direct.
may
to
the
bonds
Thereafter,
the
such
in
plan
manner
that
proposes
the
as
Central
States, and Central Utilities will be dissolved.
Consistent
lowing
'
>
with
this' plan, Central States had previously been fol¬
of disposition of its widely scattered properties and
subsidiary companies and of application of the pro¬
program
a
interests
its
in
ceeds
of
such
suant
to
this
sales
reduce
to
its'
Central
program,
first
indebtedness.
mortgage
States
disposed
of
Pur-r
investments
its
in
Central Light and
Power Co., Central States Production Corp., UtilProduction Corp., its gas properties in Oklahoma and "Texas, its
electric
and
water
properties
in
Kentucky,
and
certain
electric
prop¬
in
erties
Iowa.
Central States Power and Light Corp. of Oklahoma,
wholly-owned subsidiary of Central States, has disposed of all of its
gas,
electric and water properties in Oklahoma and has been dis-
a
of
Peoples
debenture
Melvin L.
from
expense
year.—V.< 156,
have
1931,
appears
In
con¬
committee representing
submitted
of
and
consisting
of
due
company,
thus
bonds
.
solved.
of
.
The
these
proposed
'V.
sale
Central
124,
The
p.
the
June
p.
have
27
2459.
on
common
30,
Missouri
designed
and
Ogden
to
due
Series,
1953.
thus,
is,
Missouri
comply
disposal
$6,000,000.
These
Central States' first
of
Electric
enable
to
the
of
excess
portion
Bonds, 5Va %.
a
a
with
Section
The
part
Electric.
of
a
Central
11
(b).—
3208.
company
compares
of
proceeds from
net
in
is
retire
Gold
assets
Utilities
payable Dec.
The
to
lien
the
the
of
securities
O'Day Corp.—Year-End Dividend—
directors
share,
April
first
of
amount
and
used
of. transactions
Mode
on
been
arid
mortgage
series
aggregate
properties
have
moneys
of Northern Illinois,
West
Utilities
with
States
series,
since
default
States,
Public Service Co.
and
Approves Sale To
Power
transactions
of
latter's
principal
has
visions
1942,
members.
the
entitled
are
amount
It
ex¬
stock
common
ShorMe
utilization
the
in
>ities
Service
Indiana
accrued
Electric
"...
Central
stock
dividends
♦
holdings
Commission
Exchange
comply
51/2%
such
notes,
Shore
resulting
that
in
payable
amount
'. v
series
a
to
of
whose
since
settling claims,
2,112(050 shares of
of Chicago,
4/10 shares).
of
the
cipal
(owned
Chicago and
60%
surrendered;
refunded
Co.—SEC
Power
•
been
held,
Outstanding,
the
discount
of
1941
in
credit
carryover
for
bonds
to
■/.
and
upon,
of
States,
after
are
Service
the
income
taxe3
the rates prescribed
•
,
Public
of
reason
taxable
reduction
without
Act
profits
excess
at
are
findings and opinion, the Commission states:
States has not paid any. dividends on either its preferred
control
Corp.
-
by
1942
31,
Oct.
and
income
Federal
applicable
.
and
common
cash
remaining
of
Service
obligation
remaining
shares.
Indiana
notes
Co.,
for
East,
United
20,693
$13,378
Central
shares
and excluding
than
Robert P. Minton and Leo J. Sheridan.
Magill
committee
representing
Midland
Midland
$305,135
to
In its
paid
common
40%
shares;
other
will
for
ended
Light' Corp.
■'gold bonds,
retention
Outline of the plan has been accepted and signed," the Senator
"by The Peoples Gas Light and Coke Co. Service Annuity Trust,
Illinois National Bank and Trust Co. of Chicago, Com¬
holders
$633,162
$18,897
Electric
part
payments
**
monwealth
of
487,517
$34,071
&
as
Power
•
common
490,068
$2,392,014
280,088
Missouri
other funds
claims,
company's
Co.
5/10
be
all
committee
$913,250
32,704
20,693
accruals
from
.
of
for
"An
Light
$792,652
$66,776
23,721
$39,590
months
taxes
.
was
by
123,655
The; transactions include waiver of interest by Ogden on
.States debentures owned by it, the dissolution. of Missouri
agree¬
obligations of Chicago and Calumet District Transit
a
balance due of $834,750;
60%
of remaining
cash and all other assets not specifically listed.
The
plan to terminate the protracted fight over settlement was
evolved, Mr. Swiren stated, in a series of meetings called by the
Special Master, former United States Senator Daniel O. Hastings,
and
175,376
14,170
66,050
stock
subsidiaries
its
United
Corp.
there
563,923
318,034
the -assets-of
cash,
contract
which
on
all
Power
shares
69,500 shares
issued
Utilities
South
Utilities'
and
557,309
$63,311
Securities
The
of
•.
the
assets
of
Utilities
claims,
Midland
common
$2,739,000
$1,209(814
360,000
41,441
taxes-__
premiums
ities,
obligations of Indiana
common,
Midland
of
422,000
taxes—
Sho-Me Power—
•'•
Midland
the
common
proposed
as
subscription
and
Northern
69,500
2,022,914
31,000
—
Missouri
pre¬
the Public
remaining
latter
the
24,955
Transit
of
$3,914,864
2,128,600
36,000
1867.
p.
.
of. United
the
of
common
various
Midland
other
1,172,753
stock
$4,462,848
194,972
43,675
1942/Revenue
such
for
remaining assets of Midland Utilities will then be trans¬
liquidating trust as follows: 56.25% of Northern Indiana
the
common
and
and
District
ferred to
Public
of
and
Utilities)
Calumet
Shore
totaling
assets
stock
$348,358
202,939
/
ten
the
call
including
of
by
$140,000 of the Midland Utilities account with
of
South
other
1942—12 Mos.—1941
1942—Month—1941
$411,975
—
deductions
pfd.
on
quires
Utilities
833,234
_—
income
deduction
following
remaining assets into
the
liquidating
trust:
43.75%
of Northern
Indiana Public Service common, estimated at 912,141 5/10 shares to
be left in the estate after settlement of Public Service claims: 40%
by
1,716,799
1,135,099
income
other
the
in
Trust,
assets
Co.
$2,900,000
debentures
Chicago
2,036,380
1,304,774
depreciation-
Note—The
Midland
'
share of
value of
was
Midland
to satisfy
and
of
2,224,639
2,413,275
—_
expenses
income
&
.for
.
holders
Public
of
Utilities
Service
payment
Illinois
of
3,357,255
Balance
..
Holders
297,350
7,647,824
income_
taxes
Gross
Divs.
*
•
number
surrender
Public
property,
in
common
374,534
8,104,807
2040.
profits
Net
'
preferred
lieu
in
Liquidating
Midland
Indiana
$799,904
'
Int.
preferred stockholders
$3 preferred stock Mid¬
the
market
the
distribution.
the
for
Northern
191,372
9,012,130
railway
for
Federal
Annuity
of
of
few
entitled
•
/■
found
Midland
of
417,045
11,068,658
income
railway__—.
revenue
General
the
to
share
each
a
accept
are
sufficient
a
even
into
to
they
1
buy
391,785
p.
Operating
"
'
asked
plan
will
go
the
for
two
be
$1,033,481
494,136
Mississippi Power Co.—Earnings-
V
Service
Co.
distributed
and
Distribution
the
be
this
•
make
to
will
share
one
which
this
If
Coke
*
ferred
$1,164,508
236,033
$6
each
for
two
and
V
effect
$1,024,577
$1,045,408;
Co.,
and
stock
United.
To
been
1939)
1940
1941
1942
oper.
156,
Excess
■
United
land
has
contracts
the
of
settlement
538.841
Period End. Oct. 31—
following
the
in
.
Light
of
portion
$1,379,972
oper.
ry.
Gross
certificates
trust
\
rate
the
a
the
railway____
from
Net
be
to
common
the company at the time
provision that maturity is susof the loan represented by
It also protects
through
on.
finai
until
the
carry
railway,-—
from
—V.
against Midland United.and contingent claims
each
ry.
Prov.
trust
contracts
President, said:
"This
company's investment
Sweatt,
to
from
years
Gas
said,
tLess reserve for
$61,2j 3.
depreciation of $31,114.
tLess 2.624 shares in t *;asury. §Represented
-V. 154,
by 10.000 shares, without par, less 534 shares Mtreasury
p.' 1597.
trust
"C"
certificates.
"D"
of
W.
H.
which
1954.
p.
from
Gross
Continental
39,306
L___,
—_
in
$270,000
in
$124,000
with
contracts
from
Net
get $1,000,000
Trust, Peoples
Gas
Light
and
Coke Co.,
Commonwealth
Edison
Co.
and Public
Service of Northern Illinois gave their approval to the plan on the
express condition that, in reviewing the plan, the SEC will, not find
any
of them liable to classification as holding companies "within
the provisions of the Public, Utility Holding Company Act of 1935."
A number of miscellaneous claims will be paid in cash. '
'
'/'■
The process of dissolving Midland United,- and distributing assets
in payment of claims prior to conversion of remaining -assets
into
the liquidating trust includes distribution
of 490,974 shares of com¬
mon
stock of Public Service Co. of Indiana, Inc., held by Midland
Peoples
Emerich,
reserve
for
542,287.
stock
§Common
31,
From Jan. 1—
to
Co.
certificates.
Swiren.
Max
460,000
income
Minority
Trust
certificates,
cash,
trust
Edison
assets
105,799
Deferred
JClass
10,254
247,603
Federal and State taxes
Dealers'
will
agreed,
as
of assets:
and
funds
production contracts.
Gross
awarded to:
one
"five
be
Indiana
$365,000
debentures
Dec.
,
stockholders
to
provides
156,
Net
that the term of the Midland Liquidating Trust
the date of transfer to the trustees of the
transferred to the trust," although it provides
that, the term may be extended from time to time beyond the fiveyear
period by a majority vote of the trustees, with the express
approval of the Securities and Exchange Commission.
I
Trustees already proposed are Willis D. Gale, W.
C. Freeman and
will
15,611
$2,392,014
—
Notes
32,376
20,954
.
—
Accounts
14,025
__
(less
to the company at any
.1945, at 2%% interest on
available
be
until
time
Minneapolis & St. Louis RR.—Earnings—
M.
.
share.
The plan specifies
common
Cash
Accounts
creditors,
larger
trust
.
preferred
and
1943
Assets—
Life
trust
Utilities,
be
of
rate
ment
income__i___.
for Federal inc. and excess
Net
$524,504
342,212
354,198
_—
Miscellaneous
Prov.
1941
$494,414
—
income
Interest
the
Bank
"E"
in
claims
their
Midland
shares
/ './
1942
__________________________
income
paid
"E"
Commonwealth
Subs.)—Earnings—
operations
expenses
of
"A"
in
be
shares..
Year
.
National
$270,000 in
may
$124,000
and
This
of
1%
("A",
United.'..-.
Mead Johnson & Co.—Extra Distribution—
An
credit will
to
October—
Hugh
for
attorney
Swiren,
following distributions
$1,360,000
cash,
Max
trustee.
claims
the
the
Illinois
Continental
by
.
special offering of 4,100 shares of common stock
on the N. Y. Stock Exchange Dec. 8 at $22%,
Bids were received for 6,525
a
of
Settlement
be
announced
was
Midland United
Morris,
principal
"Less
time
commission of Va of
upon the unused portion of the credit, and the agreement permits
company
either to reduce or terminate
the credit available."
—V.
.
Peoples Gas Light and Coke
Co., $1,115,748; Public Service Co. of Northern Illinois, $478,842.
Midland
United's
preferred stockholders will get trust shares at
1944
*.
the negotiation of a $15,000,000 Regula¬
"The company has agreed to pay a commitment
holders of common stock of Midland United.
the
for
or
action
The
30,621
________
Co.—$15,000,000 V
borrowed)
terminated
the
of
assets
amounts will
___
Hen
reached.
after
remaining
36,808
—
from
letter
a
war
,
42,032
.
_
,
.
/
quarterly installments)
5-year 5% 1st mtge. conv. bonds, due May 15,
Reserve
for
contingencies—.
Capital stock
___
in
of major creditors and security holders of a plan to
Midland United Co. and its subsidiary; Midland Utilities
.,■•••
"
i
v
its terms, Midland Utilities' assets will be dissolved, those
announced Dec. 4.
was
against.
(in
The
program.
and
amount
credit
Approval
liquidate
98,377
—______—
payable
time
pended and interest waived
and State inc. taxes-
deposits
Contract
13,508
__
committee
the prior
for
'.
-
$1,080,000
5,000
_______
Basset
the
made
is
866..
p.
•
of 'termination
•
2,707
22,74V
and
Contract
duction
the
5,026
$111,372
—
commissions
portion)—_______
Dealers' profits on install, contracts, pay. from collectionsPayrolls,
which
to
provision
no
156,
tion V loan for the purpose of financing the company's large war pro¬
the common
Dec. 23, $1.50.
on
and
"B", "C" and "D" series of trust certificates to be issued
by the liquidating trust will bear an annual interest rate of 2%,
payable semi-annually, while "E" certificates will carry no interest:)
Peoples Gas Light and Coke Co. Service Annuity Trust, in settle¬
ment
of
its claims against
both companies, will get $1,082,374 in
"B"
certificates, with the provision that the amount in excess of
Liabilities—
Accounts
made
were
cents each;
50
that
Company announced Dec, 9
In
certificates
$3,783,016
1,
Settlement
Utilities
ground
"
maining
Consolidated
payments
1 and Oct.
Jr.,
Minneapolis-Honeywell Regulator
Liquidation Plan Approved
—Creditors to Get Equities in Share Trust Set Up After
Under
$88,817
following
a
sitting in the District Court, set
Dec. 11 on the petition.
A meeting has also been
11 in Wilmington to discuss the proposed Midland
Biggs,
proposal.—V.
Loan-—
:
.
1, July
1867.
p.
disbursed
file
-
.
stock,
dividend
payable Jan.
were
under
the
share
per
dividend of $2 per
1, all to holders
on
April 1, July 1
quarterly
stock,
amounts
cents
50
non-cumulative
$2
regular
pref.
of
Midland United Co.—Debt
50,000
-
•
the
1st
dividend
a
the
on
and
Like
the
1941,
April
156,
and
23,
14.
declared
4
cumul.
last.
1,
During
stock:
Gross
Dec.
record
$1,164,553
66,940
____
stock
Dec.
the 8%
on
Dec.
on
common
payable
share
of
Gross
directors
The
the
define
John
the
on
in
lien
'
the, court
for
stock
prior
7%
and
of
United-Midland
Midland Steel Products Co.—50-Cent Common Div.—
6%
the
for
*
hearings
on
called
'
special master exceeded his authority in par¬
negotiations, the Basset committee also asks the
specifically
hearing
a
committtee
Utilities.
the
orders
Circuit
697.
p.
"to
Co.,
protective
that
in
to
report
proceedings
Utilities
Midland
-previous
*$115,159
fare
Basset
of
court
______
profit
from
order directing Daniel
an
bankruptcy
negotiations
'was filed in
1942—9 Mos.—1941
Net
an
Midland
ticipating
Street Ry.
1942—3 Mos.—1941
Master
and the U. S.
all interested
the SEC
at which
sought
be
O. Hastings, special master
involving company and its sub¬
terminate forthwith the settlement
previously sponsored by and participated in by him,"
the Federal District Court in Wilmington, Del., Dec. 8,
77b
Charging
Period End. Sept. 30—
Rev.
for
stock
common
'
will
full
public hearings
opportunity to be heard."
after
have
petition for
the
1609.
p.
Court
sidiary,
292,842
$42,296
charges
income
1942—8 Mos.—1941
deprec.x
exps. .&
Middlesex & Boston
Net
A
381,830
$67,269
earnings
fixed
from
Gross
206,083
and' Special
Commission
Exchange
plan
Group Asks Court to End Negotiations-—*
(& Subs.)—Earnings
in
Net
Total
District
Currency)
1942—Month—1941
and
of the
parties will
Mexican Light & Power Co. Ltd.
359,304
520,093
216,527
431,881
19,007
35,319
reserve
$3,961,038 $46,128,258 $40,857,055
$3,726,936
Securities
"Approval
156, p. 1776.
Period End. Aug. 31—
—_—
retire,
for
retaiL__
at
—V.
excess
taxes
profit
Maintenance
Prov.
Sales
Hastings.
1942—11 Mos.—1941
1942—Month—1941
271,206
Non-operating incoine__
General
Period End. Nov. 30-
1942—12 Mos.—1941
the
•to.
Melville Shoe Corp.—November Sales Off 5.9%-
Co.—Earnings-
Power
Marion-Reserve
Period End. Oct. 31-
Monday, December 14, 1942
with
Oct.
declared
to
Oct.
stock,
20
1942.
and
23
par
cents
15
year-end
paid
$5,
paid
Payments
15,
a
stockholders
15
to
on
dividend
record
holders
June
during
cents
of
dividend
a
each,
1941
and
of
25,
of
Dec.
of
15
record
last,
50
cents
per
19.
cents
Sept.
and
per
share
30.
This
10
cents
were
as
follows:
April
Dec.
22,
25
cents.—V.
on
30,
155,
:
THE COMMERCIAL & FINANCIAL CHRONICLE
Volume 156 " Number.-4133-
Chemical
Monsanto
Go^Earnings—
' -
9 Months Ended
•
Net
Period End. Sept. 30—
(Inducting American" SubsWiarleii j"
•
Sept 30+-
:-1942 V
,..'*/
.
(Dost of goods sold-.,
Gross
r
.3,507,716.
!Net profit, from operations--^.—Other, income
...
—
12,027,933
931,324
823,643
'•
Gross' income
437,362
'1,931,800
Excess-profits' taxes (estimated)—
Net Income 'applicable to minority interestNet
37,609
f;
.Balance^
Int.
$3,933,838
$3.57
,
,
/.•
,
,
Inventories
8,617,767
11,290,850
—i,—zz:
Divs,
Chunk
109,271
3,450
108,204
2,700
11,738
52,376
62,038
86,144
$1,706,694
$2,515,747
$2,229,351
303,761
303,760
405,021
405,020
$1,541,608
$1,402,935
$2,110,725
$1,824,332
805,914
—
Phosphate
Patents
and
2,361,738
Total
>
.
.
506,596
5,000,000
5)000,000
stock
($1Q par)—-—
/
—
.12.416,940
11,269,032
12.176,414
————
_—™-
„
.
on
Federal
income
(approximately
31%).—V.
156,
tax
Total
oi' $1.37%
v.ere
•A.
5,000,000
to holders of record Dec. 12.
Similar
quarter since and including June 27,
28
each
12%
cents
share—was
per
made
Montana Power Co.
Operating
-the
Operating
expenses
Federal
Other
$1,745,480
488,286
r—.
taxes ——
•
"Cr56,171
taxes
155,500
.
pletion
Net
share
Dec. 14.
Haskell MacDonald,
Prcsident.—V.
1418.
p.
financial officer, has been elected
a
1942—12 Mos.—1941
2,376
__
v.
Int.
on
Combined
net
"Adjusted
Dr6,403
7,031
1,865,398
deducts.
normal
*
529,495
4,260
Crl2,015
$3,004,892
/
$3,585,097
pfd. stk. for the period—957,534
957,534
$2,047,358
Dividends applic. to
——-
———
"Includes
Notes
be
p.
18G7>.
.
■ . ■>
... ..
/ /
.
■
..
..
.
•
Labor
•with
on. Dec.
company
Board
William
Chairman
Wholesale
Retail
&
rejected
8
H.
compromise, proposal
a
Dec.
30
no
\
*
Cost
;
.—v..
.1.
156, p. 1955;
$
,
$
•
.S
'
''
■
i
4
'
$
//A ■
•>
Mountain City
T"
1
>
15
A dividend of ^5 cents per share has been declared
"stock, payable Jan. 41 to holders of record Dec. 21.
'
on
A
^
the common
like
amount
Compaic V.; 154, p., 1380.
of
election
of
JBank
director
also
"154,
York,
of
1380.
p.
.//
dividend
A
'
W.
Cannon
Mills
and. other
American
$1.25
per
share
has
been
declared
Period End. Nov. 30—
capital
1942—Month—1941'
-
1942—11-Mos.—1941
$5,608,205 $64,718,408 $52,616,742
the company had 207 stores in operation, com¬
pared with 204 in the. same month last year.—V. 156, p. 1777.
A
;
on
An
Liquidating Co.—Declares $2 Dividend—
last
liquidating dividend of $2 per share has been declared
stock, payable Dec. 26 to holders of record Dec. 15.
liouidating dividend of $18 per share was* paid on Dec. 15,
second
the
common
initial
year.—V.
25,
Dec. 30, 1940.—V. 156,
1941,
156,
p.
$2,248,954
$3,989,823
expense.
State
surtax,
and
foreign
income
(estimated).
discount
and
series, in
the amount of $208,774 and the
expense
applicable
to
the
in
tax
rates
proposed for the Revenue Bill of 1942 on
but is necessarily only an estimate.
Sheet,
Sept. 30, 19-12
$8,928,822; receivables (less
one
10-year 2%% note payable, $250,000; reserve
(prior years), $429,965; reserve for Federal,
year on
income and excess profits taxes (balance of 1941
estimate for 1942 taxes;: less United States treasury notes*
foreign
series, $5,013,040), $1,930,747; 10-year 2s/b% note payable serially
to 1952 (less installments due within one year, $250,000), $5,750,-
service, adjustments and miscellaneous,
$2,191,211; prior preferred stock:
$22,640,400; prior preferred-stock, 6%> series
(par $100i, $6,648,700; $2 10-year preference stock (par $40), $11,181,480; common stock (par $10), $11,549,280; earned surplus, $4,517,364;
000;
for
reserves
insurance,
series
$75,832,507.—V.
(par ,$100),
National
156. p.
609.
5,217,828
$18,030,559
11,446.289
12,197,694
517,035
2,251,778
2,373,359
$1,378,375
36,076
$2,081,963
$2,942,471
58,874
143,212
99,583
$1,007,210
$1,414,451
1,225,175
$3,042,054
207,286
$948,336
<
<
;
50,724
50,716
163,681
144,533
71,431
85,113
187,521
202,235
8,831
11,541
25,596
29,157
210,000
276,500
426,900
561,500
355,000
434,000
728,800
904,000
$556,581
$692,677
$1,200,629
$0.37
$0.36
$0.75
v
<
and
/
•
profits * taxes-
Corp.—Organized—
subsidiary of Reconstruction Finance Corporation.
specific purpose of operating the new GovernmentNational Synthetic Rubber Corp. is jointly owned by
Goodali Rubber Co., Inc., and Hamilton
Rubber Mfg. Co., both of
Trenton, N. J., Hewitt Rubber Corp. of Buffalo, N, Y., Lee Rubber. &
Tire Corp. of Conshohocken, Pa., and Minnesota Mining & Mfg. Co., of
St. Paul, Minn.
'.•/'■/'
/■. ;/'
The companies jointly sponsoring National, Synthetic Rubber Corp.
have pooled substantial amounts of their capital and have provided
from their organizations a technical staff of outstanding ability and
experience for the management of the new synthetic rubber plant,
which is now under construction by Defense Plant Corporation,
Officers of the National Synthetic Rubber Corp. are; W/W. Benner
(of Lee, Rubber & T.re Corp.), President; Dr. B. J. Oakes (of, Minne¬
sota Mining & Manufacturing Co.), Executive Vice-President and Gen¬
eral
Manager in charge of operations at the plant; William M.
Collins, Jr. (President of Inland Rubber Corp., a subsidiary of Min¬
nesota Mining & Mfg. Co.», Vice-President and Treasurer; B. J. Moffatt (of Hewitt Rubber Corp.), Vice-President, and E. H. Letchworth
(of Kcnefich, Cooke, Mitchell, Bass and Letchworth, of Buffalo), SecFormed
-1941
Rubber
Jones,
Reserve
Corporation,
1942—9 Mos.-
Synthetic
Secretary of Commerce, on Dec, 3 announced that
Company has made a contract with National. Syn¬
thetic Rubber-Corp. for the operation of a new Government-owned
synthetic rubber plant to be built in Kentucky by the Defense Plant
Rubber
,pl955,
$7,649,519 $16,321,958
H.
Jesse
wnich
a
for the
plant,
*
rctary.
:/
■■ <
Directors will be Albert A, Garthwaite
/
Chairman of the board;
Corp.—11-fcent
Viee-Chairman;
Dividend—
John
.
and
(of Lee Rubber & Tire Corp.),
(of Hewitt Rubber Corp.),
William M. Collins, Jr. and
Thomas Robins, Jr.
McKnight,
W/L,
L.
Connolly, (of Minnesota Mining & Mfg. Co.); W. W. Benner
and Henry Hopkins, Jr. (of Lee Rubber & Tire Corp.); B. T, Moffatt
directors-have declared
Time
(of Hewitt Rubber Corp.); Henry N. Young,
(of
Hamilton
Rubber
Mfg. Co.), and
F.
Goodali Rubber Co.,
2041.
&
Light Co.—SEC Denies Extension
Exchange of Houston Lighting Stock to
15, 1943, hut Permits Extension to Dec. 31, 1942—
Feb.
v
Power
Jr., and A. Boyd Cornell
B. Williamson,
Jr.
(of
Inc.).
The SEC in
an
15,
for
.
1943.
A
its
.
effect
•who
•cision.
However,
preferred
offer
who
permit
have
of
Dec.
been
'amount
period
and
155, p.
to
exchange
or
prefer to
postpone
opportunity
unable
and
to
Dec.
to. those
avail
15,
holders
themselves
the
of
Commission's
of
National's
the
said
outstanding
at
operative.
National has
1123. /
Jan.
30,
This
represents 41.05%
of
original
the date when the exchange
of exchanges effected during this
1942,
As a result
distributed 206,262
shares
of Houston's
common
Dec*
29
to
holders
of
record
during
■
.
on
1 to holders of record Dec. 14.
Similar distribu¬
April 1, July 1 and Oct. 1, last, while from April 1,
were
2,
made each quarter.
cents was made on Dec. 23,
10
Part of First Preferred
It
•
on
close of business Nov.
Jan.
will
close
be
of
1,
1943,
at
$86
1942, regular payments of 15 cents per
In addition an extra disbursement of
1941.
Stock to Be Redeemed—
shares of first preferred stock of record
announced that 2,000
is
at the
Dividend—
12% cents per share has been declared on the common
payable Jan.
share
it
to extend the period of exchange offer to and
1942.
total of 114,603 shares of National's preferred
exchange.
payable
value,
to and including Jan.
-1941.
exchange
order
par
Payments
last.
tions were made
1£42, a
for
1,
A dividend of
stock,
de-
National
1,
tendered
-offer became
an
be
may
now
including Dec. 31,
As
not
possible.
afford
to
between
would
as
Oct.
Nehi Corp.—-12 ^-Cent
the Commission said it may be presumed
unexchanged shares are in hands of holders
all
had'decided
long
as
V.
Hence,
exchange.
substantially
either
no
Distributions of 15 cents each were made on March 30. July 1
1941 were as follows;
April 1,
TO cents; July 1, 10 cents regular and five cents extra; Oct. 1, 10 cents
regular and five cents extra, and Dec. 26, a year-end of 40 cents.—
and
opinion
an
stock,'
17.
Dec.
the Commission said that more than sufficient time
has elapsed
to permit all holders of National preferred to become
familiar
with the
exchange offer and to take necessary action to
In
year-end dividend of 35 cents per share has been declared on the
•common
order Dec. 5 denied .application of company to extend
exchange offer of its preferred stock for two shares of com¬
stock of Houston Lighting. & Power Co. from Dec. 15, 1942, to
:
Navarro Oil CX—35-Cent Year-End Dividend—
/
For
mon
the
$6,719,361
1942,
and
profits tax
bond
5% %
A similar distri¬
July
on
846,030
fund/debt
National
of
that
——
tax
income
excess
•
$1,423,455; reserve for contingencies,
follows:
cents, and
as
Feb.
on
(G. (X) Murphy Co.—November Sales Up 19.81%—
Nabco
of record
March 31/
on
and
1942
a dividend of
11 cents per share on
payable. Dec. 23 to holders of record Dec. 16.
This
compares with-10. cents paid on July 20, last, 14 cents on Dec. 23,
>1941, and 10 cents on July 19, 1941.—V. 156, p. 1506.
corporations.—V.
1
November,
taxes
tax
the
541,928
-■
'_™:
'156,;p. 204.1, :
The
,
payable Dec. 23 to holders of record Dec. 12.
This compares,
paid on Aug. 25, last; $2 on Dec. 22, 1941, and 50 cents on
•Feb. 26, 1941.—V. 156, p. 1055.
In
holders
made
on
and
the capital stock,
recently
$1
1Sales
share
(& Subs.)—Earnings-
$6,110,537
4,233,660
<
200,330
728.211
•
:
National Investors
.
of
—
discount and
bond
of
•
made
stock,
with
per
profit —$311,224
per com. shr.
$0.18
Net
'—V:■
Munsingwear, Inc.—$1.25 Dividend—
,
within
bwnetf
income
ext.
time
•
normal
Federal
and
due
"
by the above corporation of the
Fraker, Vice-President of The National City
to membership on the board of directors, He is
was
George
New
and
last,
V Earnings
share and the regular quarterly
cents per share have* been declared on the common
both payable in Canadian funds on Jan. 2 to holders of record
Dec. 8. ■'"•An. extra of 66% cents was also paid on Jan. 2, this year.
Director—
profit—
~~8~267
Liabilities—Notes
payable
(bank),
$1,750,000; accounts payable,
$3,852,430; accrued taxes, wages, interest, etc., $1,897,475; installments
payments.—
•
soldzL—
normal? taxes
Fed,
•
extra- dividend of 66 V2 •cents.per
New
were
1942—3 Mos.—1941
discts.,
allowances
goods
income
Fed,,
Corp.? Lt4.—rExtra. Distribution of 66 V2 Cents—
Announcement
3,471,948
reserve for doubtful notes
accounts of $1,454,213), $11,979,022;
inventories (less reserve of
$2,233,929), $21,985,398; costs incurred in respect of defense facilities
reimbursable
by
Government
upon
completion
and/or
acceptance
thereof, $1,895,127; investments and other assets, $3,985,373; fixed
assets (legs reserve for depreciation of $14,898,366), $22,058,496; facil¬
ities acquired in the interest of national defense (less amortization of
$389,219), $2,882,828; emergency plant facilities acquired under emer¬
gency plant facility contract with the U. 8. Government (cost to date,
less
amortization
thereon
of $72,000),
$1,780,171; deferred charges,
$335,963; patents, $1,307; total, $75,832,507.
share has been declared on the common
on
Prov. for doubtful accts:
dividend''Of "55%
;
to
24
Dec.
each
cents
10,
paid
Miscellaneous deducts.//
.stock,
•
75,789
:
5,108
6,025,000
—
Consolidated Balance
Co.—$1 Dividend—
dividend of $1
a
ho|ders of record Dec. 14.
Mar.
on
Sept. 30—
less
Int. & exp. on
'
v
An
37%
cents per
admin, & gen. exp.
Other
'
Copper Co.—15-Cent Dividend—
^was paid on Dec,.23, 1941;.none since,
Cr23,860
for Federal and State taxes
payable
value,
surtax; etc. -/z—zz-l
Moore:
declared
of
Operating profit
;
68,395,894 l.:63,344,711 547^86,945.547/155,860
—z
of
Sell.,
-1941:
1942—Month—-"1941-1942—10 Mos.
■'
.Sales,
.
tax
net
Assets-^-Cash,
$822,035
$2.49
30, last.
Payments during 1941 were
cents; June 30, 37% cents;. Sept/ 30, 50
Frov. for depi. & deprec.
Total
V
*
1.124,043
173,023
the basis of information available,
'
2
par
made
was
returns
•
November S^les—;
'
4,879
1,158,184
income———_—
on
amortization
increases
tion
962,950
$583,357
$L7o
Sept.
25
Period End,
.
■
263,019
32,835
redemption premium of $213,000 thereon have been charged to earned
surplus in 1942.
The provision for Federal taxes takes into considera¬
1,784,985
profits
excess
taxes
first mortgage bonds* 3%%
$1.—V. 156, p. 698.
Gross sales
,
\
and
!
National Gypsum Co.
later- agreed to do this, but insisted on inserting in
tthe contract a phrase indicating the union, membership provisions
were
beinff put in the, contract only under' duress and "because the
.President of .the United States as commander-inrchiefin.timei of war
•has expressly ordered that they be included."
1
;/<
t
On Dec/7 Mri Davi& proposed a modhied, phrasing/that the clause
ln> controversy
was
included -"after protest in, compliance with an
torder'of the'.President.'"'?
;
' v
'
Dec.
compares with 50 cents
0".....
:•
•
43,192
158,914
—1
—
Note—Unamortized
.
Period End. Nov. 30—
1,379,749
359,677
on
.taxes
hand $1,002,666 of Series B tax Savings
income
stock, payable Dec, 29 to
bution
The. company
'
National Defense
of
total,
designed to settle ; the controversy.:
This among other
for a maintenance-of-membership clause.
Company
this phase of- the order until President Roosevelt' on Nov. 19
♦directed .the company
to comply withJ the order -"without further
.
$9,837,713
423,352
1,207,793
———— ■
funded debt—z—»/———
on
"Including
.
on
future
'
dividend of
A
rejected
.
$11,159,140
52,460,984
4,828,621
National Gas & Electric Corp.—15-Cent Dividend—
in the company's dispute
(CIO 1. over a maintenance of
.things, provided
and
31,
Dec, 26,
directive
(delay."
,
1941
$11,445,278 $10,261,065
———
depreciation——
Miscellaneous deductions
War
.
.
—
disposition of capital assets
1—"Payments made under retirement annuity plan
taxes/surtaxes and excess profits taxes, but
has
) Distributions
14.
unembershlp clause In a contract.
.
'
The current phase of the dispute dates to Nov. 5, when WLB issued
>a
stock,
oommou
Davis
Union
Clerks
of
for
directors on
The
March
The
normal
charges.
1691.
p.
June
:;:.■/
Montgomery Ward & Co., Inc.—Rejects WLB Proposal
•
operations.
(other than income & excess prof, taxes)
and excess profits
National Enameling & Stamping
to
■
^
after
Subs.)
286,138
interest
State
the amount required by the Revenue Act of 1942.
Oct. 31, 1942, there remained a net overprovision of-$397,459 to
adjusted in the months of November and December.—-V.
156,
■At
6%
There
$70,067,876 $67,127,318
income
the
Loss
$7,305,305
1,747,382
——z_z
company
reserved
156,
monthly-pro rata credit adjustment of $198,729 to. adjust
provisions
other
all
Note—The
V.
♦tax
$8,153,766
saies™-™———,—U—.—
taxes, surtaxes
"Before Federal
•
t
•
Balance
the
each Issue,
(Incl.
30
Taxes
$2,627,563
$253,948.
$751,117
Sept,
interest
1941
adjusted profit—z——,~z
Earnings per common share
——
475,112
547,899
37,597
Income
Distribu¬
on
and
1942
Sept. 30—
Net
•
after
Net
•
Ended
Other
a
1,164,025
'
and
year's dividends in arrears on
for
1,880,309
529,495
to construct.
int,
chgd*
declared
par value,
no
profit
Fed.
"
Other
Int.
Dec. ,4
on
cpmraoh stock,
the
9 Months Ended
$6,464,401
44,125
debentures-
on
the
on
for amortization of facilities acquired
■
1,908,048
,
156,501
bonds-
mtge.
Total
tFederal
$496,431" "$5,947,684' *$6,457,998
Gross; Income
Interest
V2J06J29
$494,055' "$5,940,653
income; ineti—
share
issue and of $1,50 each
income
Consolidated
National Container Corp! (& Subs.)- -Earnings
•
170,057.
per
31, June 30 and September 30, last.
Nine Months
for
Net income from
Other
Vicc-
Candy Co., Inc.—25-Cent Common Dividend
directors
The
on
.
revs——_
$4.12%
1942
156, p. 257.
dividend .of 25 cents per share
and the usual quarterly dividends
pf $1.75 per share on the first and second preferred stocks, all payable
January 1 to holders of record December 11. Like amounts were paid
on
April 1, July 1 and Oct. 1, last.
The previous payment on the
common
stock—also 25 cents per share—was made on July 1, 1940.
—V. 156, pp. 1777, 1055.
/
V
$1,804,198 $20,106,533 $19,127,403
■
665,166
5,618,403
5,852,006
318,761
"4,555,646
• 3,077,001
156,159
.1,885*702
.1,825,947,
approp._
res,
oper.
sentence"
payments.-
Earnings
National Broadcasting Co.—New Vice-President—
.
Other
current
"Interest
hfive declared a special dividend of 40 cents per
stock, the last being disbursed on Oct. 15, 1942*—V. 156,
John
Property retire, and de¬
•
the .5%%-
each on
one-half
tProvision for
(& Subs.) —Earnings—
1942—Month—--1941
revenues——
dividend of
a
Provision
capital-stock, payable Dec. 21 to holders of record
special distribution of like amount was made on Dec. 15, last year.
Regular quarterly dividends of 15 cents per share are being paid
on the
of $10,728,906
deducting U, S. Treasury tax notes, series B,
in 1942 and-$8,014,800 id 1941,—V. 156, p. 1610/
Period End. Oct. 31—,
declared
made on March
remain
will
.Bond & Share Corp.—Special Dividend—
National
"After
•
"death
Cost, of sales—
——_——
—
54,085,242
Selling and general expenses
/_z——4,823,494
$91,514,015 $84,715,044
—
-
Commission's
1955,
p.
payable December 28 to holders of record December 17.
issue
'
-
the
Net sales to customers
2041.
p.
the
12,416,940
13,394,111
■
-
———-'
estimated
previous payment—also
1938.—V. 156, p. 1055.
21,
The directors
"
———
surplus
surplus
Earned
with
23, 1941.—V. 156,
7,500,000
.
stock,...-///™—
preferred stock
$4 cumulative dividend (series C pfd. stock)-—
Paid-in
Feb.
5,000,000
11,000,000
preferred
Series B
ago.
prior preferred stock and a dividend of $4.50 |mr share on the
prior, preferred stock, par $100 each, on account of accumulations,
6%
in
3,243,578
461,999
pensions—
z:——,
interest In American subsidiary———
Series' A
made
were
National
1
11,374,032
Minority
year
Provision
20.466,555
3.487,830
The
•1941,
-
.22,914,128
for
.Common
distributions
1,124,378 ; 1.857,233
445,000)
/ 627,043"
775,450
.
1941
payable Dec.
$5,
par
during
National Supply Co.—Accumulated Dividends—
dividend of 12V2-cents per share has been declared on the capital
A
stock,
on
payable
Revenue Act of
the
$4,696,249
$4,075,549
and accruals
i-z
"Estimated, income tax-liability,—;™—z_.—
Preferred dividends payable—.—/*/.,
Dcpo.sits for returnable. containers-———
Reserves for depreciation ..and. obsolescence—-Reserve
700,982
"
Liabilities—•
for
Nash^KcIvinator Corp.—12 V2-Cent Dividend—
•$91,514,015- $84,715,044
-
Accounts
in
■ .. ;
. 1
*■', 311,919
1.;,
,
,w.
.
made
11,780,768
.40,203,251
783,838824,726
z—z———
■
2,266,463
:
.
44,622,991
a
adjusted in subsequent months of 1941 to actual rates as included
-was
■12,621.795
—-
processes-/--—----—_—
charge
-
than
more
connection
tions
•,
•
/./—
applicable to the 1942 periods, computed in accordance with the
recently enaOted Revenue. Act of 1942,
Provision for Federal income
tax for the 1941 periods was at a 30%
rate Up to Sept. 1, 1941, and
681,217
710,268
,
has' been
"Deduction
In
The directors have
both
surplus
and
-
that
5%%
—
Balance.for com-,divs.
,
/
715,005
750,341
cum.
on
Stock
entered
order dated Aug.
111,356
$1,845,369
—-///i.
with
undistributed.
discloses
Liquidation—
investments
81,752
2,574
National
leaving
still
record
the
Heat, Power & Electric Light Co. to the Mauch Chunk Co. for
cash.
The company points out that the disposal of these
is part of its program to divest itself of miscellaneous minor
shares
80,953
stock
common
that
As a further step in its general program for liquidation and dis¬
solution, National Power 8s Light Co. has applied to Securities and
Exchange Commission'for approval of the disposal of Its holdings of
61 shares of preferred and 597 shares of common stock of the Mauch
$30,000
r—ziv-.
declared
pfd.
729,413
729,413
and equipment,.
deposits (less depletion) -I/-:—z—
Machinery
Deferred
•
9,877,463
,
Buildings
'
1,158,920
Further
-
6,227,920
Investment in British subsidiary.———
Investments in associated companies (at cost)
Misceli. investments/'receivables & deposits-/Post-war Federal income tax refund (est.)i—
,
$3,612,348
1,147,606 '
expense-
;
interest
Balance
•,
Receivables,' less -reserves-./————/'—
t
$3,869,439
867,064
outstanding,
amount
adds
from
the Commission
and
Other chgs. against inc.
:
■iComparative Consolidated Balance Sheet
■ Sept. 30,*'42 Dec;-31, '.41
$9,098,419
$7,518,118
1,998,480
•U*•• Si-. Tresury;
-.4.——z—v
Assets—
<
$2,720,249
858,585
..
the
Houston's
the
Oct,
J4, 1942, to Dec. 1, 1942, only 6,930 snares of
preferred stock were tendered for exchange.
The exchange offer is being made by
National as part of its pro¬
gram to
liquidate and dissolve under a "death sentence" order of
period
Cnded
$2,416,603, respectively,
,
2,304,496
of
of
Commission
National's
redemption
and
Other
provision for depreciation and obsolescence for. the nine
Sept, 30. 1942, and 1941,. amounted to $3,093,640 and!
Note—The
2,589,217
debt™,
disct..
of
bonds
•
.
months
1,764,855
shares
The
premiums on refunded
$4,936,579
$2.65
Earnings per .common 3hare„———.—. '
i
330,748
$2,839,857
»_
funded
on
Amort,
exp.
to /earned' surplus.;—
transferred
income
209,337
-262,127-
1,910,261
taxes
-
,
5,032,000
-.44,596
147,419,
■
"Fed., State and munic.
2,347,722
6,611.660
Ji:-.*:—ci;—
■_/---////..
Normal InCdme1 taxes, ■ (estimatedr-----^-----
$11,760,976 $10,760,558 $15,946,397 $14,094,274
>
349,163
•income 'charges •
'
.
$12,959,257 $12,703,074
/J/.///——:—,™
-
1 ,074,095
.
re,v.
rev..._-
•
/11 ,879,431
.•
1,249.849,
income
•
41.25%
or
293,738
1942—12 Mos.—1941
1942—9 Mos.—1941
•
.
Total
gross -earnings $11,908,395 $11,022,685 $16,155,734 $14,425,021
5,094,133
6,059,308
4,660,997
6,909,306
Operating / costs,
889,602
750,198
660,522
1,032,726
Maintenance
1,559,267
Depreciation
i,313,945
1,755,046
1,216,062
3 ,357,534
Selling and': administrative expenses/™™-.
Research' '•expenses'' /—_/ / /- —-,4 - - -
oper.
Other
1941
•
,.
$50,2(59,7 73 '• $46 ,733,301
33.484,275
30 ,422,240
—
sales
stock,
Narragansett Electric Co.—Earnings—
-
""
2135
28, 1942, have been drawn for redemption
per
share.
The regular quarterly
dividend
paid by mail on Jan. 1. 1943, to stockholders of record at the
business on Dec. 14, 1942.—V. 156, p. 1610.
Operating
Federal
Other
taxes
—,
retire,
Property
,
$9,662,805
4,318,360
*1,277,112
888,274
880,539
829,979
reserve
721,600
56,700
60,800
appropriation
671,700
9,427
785
790
investments
Other
income
$181,494
$2,448,032
18
17
1,326
3,146
$402,469
$181,511
61,875
61,875
$2,740,797
742,500
210,000
,112,835
is
it
Int.
on
Int.
on
bonds—
17,500
deducts.
10,198
17,500
10,129
construct.
Cr255
Crl,889
Cr38,187
Cr6,992
$313,151
$93,896
$1,414,697
$1,682,454
stocks for the period
499,100
499,100
$915,597
$1,183,354
bonds—
mtge.
deben.
Other int.
and
chgd, to
■
income
—
■
to pfd.
Balance
"■Includes credit
The
,
$2,405,679 $27,681,967 $21,698,678
$3,058,856
——
—
27.15%—
1942—11 Mos.—1941
1942—Month—1941
Period End. Nov. 30—
Sales
—V, 156, p. 1868.
dividend
of
class
B
This
$1
share has been declared on the class A and
payable Dec. 19 to holders of record Dec. 9.
per
share
and
stocks,
Dec.
$6,
1937.—V.
27,
1942—Month—1941
—V. 156, p. 1778.
controll¬
stock would be allotted to unsecured creditors.
of
divided 50%
be
stock,
common
holders of
to
"Class B" common
preferred stock and 50% Jta
which would mean the issuance of approxi¬
share of new class B common for two shares of existing
preferred and one share of new class B common for six shares of
•
present common.
Company Sees Plan Unfair—
Insurance
1942-^-11 Mos.—1941
Insurance Co., New York,
The Hanover Fire
$5,523,069 $64,045,257 $52,605,818
$6,861,771
-
factors
mately one
(J. J.) Newberry Co.—November Sales Up 24.2%—
Period End. Nov. 30—
Sales
asking
petition
a
for
modification
a
of
Gas
Ass'n—Hearing
Electric
&
Post,-"
to
the
January 18 a hearing against the
of the Public Utility Holding Company
postponed until
has
SEC
The
company under Section 11 (B)
Act of 1935.—V. 156, p. 2041,
1
declared
$5,974,253, and that payable in
probably no more than $3,615,804.
only
Co.—Special Dividend
special dividend of 20 cents per
share and the regular quarterly dividend of 40 cents per share on the
common
stock,
par
$10. both payable Jan. 2 to holders of record
Dec. 14,
A special of 20 cents was also paid on Jan. 2, 1939, 1940,
1941 and 1942.—V. 155, p. 2369.
Dec.
cn
a
called
for
redemption
for
Other
tax
Period End. Oct. 31—
Operating
securities with
a
receive
net worth of
Operating
Federal
Other
$2,052,861
881,535
*100,993
expenses
taxes
—
taxes
■
1,
_
Prop, retire, res. approp,
Net
oper,
asked
road
long-term
on
Interest
debt
charged
Miscellaneous
income
Other
Gross
3,189,797
2,590,915
1,141
252
$4,771,860
4,342
$5,022,488
2,586
$386,875
$276,676
171,475
170,848
$4,776,202
2,044,368
28,680
21,438
$5,025,074
2,090,428
294,881
(net)
income
Interest
251,728
$276,424
;
—
mtge. bonds
on
Other int. & deductions
Int,
chgd,
to
constr.—
299,864
Cr39,801
05,233
Net income
$191,953
$84,390
Dividends applic. to pfd. stock for the period
$2,471,771
544,586
Balance
—,
„
—
cash
in
of
pensates for the features comparatively unfavorable," and then points
but
that an
extended maturity carrying a lower rate of interest
is
offered
in
exchange.
Pointing out
that the old bonds have
matured, the committee says that the value of the underlying secur¬
$2,639,765
$1,927,185
——
.
the outstanding Housatonic bonds.
Under the
plan, as modified Oct. 6, 1942, the Housatonic bondholders. would
be given fixed interest 4s, due in 2000 on a par for par basis.
Objecting to the proposed bond exchange, the committee of which
Eugene S. Brooks is chairman and which represents approximately
one-third
of
the
$2,819,000 issue,
says
that the Commission has
"misconceived and failed-to follow the guidance to it by the court
with respect to the
treatment of the Housatonic bonds."
The petition
quotes the court as saying that the new securities
would have to
"have favorable features the value of which com¬
payment
$2,095,179
544,586
ity
monthly pro-rata credit adjustment of $119,700 to adjust
tax provisions to the amount required by the Revenue Act of 1942.,
At Oct. 31, 1942, there remained a net overprovision of $239,400 to
be adjusted in the months of November and December—V. 156, p. 1868,
is
is
than
more
accrued
and
"Includes
sufficient
adequate
interest
to provide payment
New York Power &
,
Period End. Sept. 30—
Newport News Shipbuilding & Dry Dock
Co.—Divi¬
Operating
dend Meeting—
The
*Oper.
debt
Net
*
and
that
a
notified
the
dividend
has
company
16
on
NYSE
the
that
Other
income
_
Gross income
Income
Net
income
3
Months Ended Sept. 30—
Gross income
"Net
-
depreciation
income
—
any
Federal income taxes, fete.
profits taxes,—V.
excess
■
156, p.
directors
Dec.
on
9
net
$3,016,650
571,957
340,263
341.464
302,790
No .provision was made
1955.
receivable
for
•
declared
■
Mining Co.—Dividend
year-end dividend of $1 per
share, payable Dec, 26 to stockholders of record Dec. 16„ This com¬
pares with 75
cents paid on Sept, 26, last, and 40 cents each on
March 28 and June 27, 1943.
Payments during 1941 vtere as follows:'
March
29,
each.—V.
New
The
50
and
cents,
156,
June
a
Sept. 27
28,
York, Lackawanna &
NYSE
and Dec.
27,
62 Ms
cents
1778.
p.
has
received
notice
Western
Ry.—No Div.—
from
Delaware, Lackawanna
&
injunction of the U'. S. District
Court of the Southern District of New York, they will be unable to
make payment of the quarterly rental of VUfy- payable Jan,
2, 1943,
oh
New York,
Lackawanna & Western Ry. capital stock to stock¬
holders of record at the close of business .on Dec. 11, 1942.—V, 138,
p. 4133.
Western
RR.
that
under
the existing
(less
reserve
Protest Treatment—
of
sale
on
preferred
5
The
was
the
deadline
Commission
for filing exceptions.
its latest plan reaffirmed
in
out
The
failed
give
any
during 1941 and
committees
effect
1942-,
to
the
maintain
traffic
that
and
the
Commission
has
earnings of the debtor
during the war period ahead or the post-war
total, $32,236,982.
cumulative preferred (outstanding, 46,532 shares of
$4,653,200; common stock ($100 par), $2,601,500; long
$14,623,000; accounts payable (including $560.07 due to
debt,
affiliated companies),
thereon,
income
miscell,
tion,
and
$73,202; customers' deposits and accrued interest
accrued general taxes, $159,718; accrued Federal
$194,891; accrued interest on long term debt, $288,717;
accfued liabilities, $23,318; customers' advances for construc¬
$132,474;
taxes,
$45,248;
unearned
revenue,
deferred
miscellaneous
purchase
$88,244;
money
obligation
liabilities, $14,989; reserve for depreciation
(including approximately $1,710,000 representing reserves of merged
cos.,
increases resulting from appraisals and amounts appropriated
capital surplus), $3,417,280; other reserves, $6,442; contributions
of construction, $527,352; capital surplus, $2,353,671; earned
aid
since
867.•..
P.
Sept.
$3,033,736;
15,1926,
total,
156)
$32,236,982.—V.
■
•..
Niagara Falls Power Co. (& Subs*)—Earningsperiod End. Sept. 30—
1942—9 Mos.—1941
1942—12 Mos.—1941
Operating revenues — $13,799,768 $12,278,170 $18,282,880 $16,076,258
Oper, rev, deducts
*11,402,346
9,575,251
14,986,613
12,371,033
$2,397,423
185,235
Operating income
Other income
Gross income
Income
Net
$3,296,268
245,747
263,594
$2,905,050
$3,542,014
,
$2,582,657
$3,705,224
750,648
786,709
1,008,343
$3,968,819
1,056,196
$1,832,010
$2,118,341
$2,533,671
$2,912,623
deductions—
income
;
for Federal
"Provision
$2,702,918,
202,131
,
income and
profits taxes for the nine
months ended Sept, 30, 1942, was based on 40%
of the estimated
normal and surtax net income and on 90%
of the> estimated excess
profits
taxable
of such
10%
excess
without giving effect
profits taxes.
to
income
excess
post-war credit of
a
Operating revenue deductions shown above include the
provisions for such taxes and for Canadian income taxes:
Period End. Sept. 30—
Federal
Fed.
income
—V.
taxes—
prof, taxes-
excess
Canadian
income
$954,450
$879,435
1,847,240
—
taxes
following
1942—12 Mos.—1941
1942—9 Mos.—1941
$659,665
$770,630
1,847,239
413,074
447,033
559,087
524,579
156, p. 1778.
Niagara Hudson Power Corp. (& Subs.)—EarningsPeriod End. Sept. 30—
1942—9 Mos.—1941
1942—12 Mos.—1941
$
81,740,971
$
$
75,480,151
.
109,415,295 100,128,969
65,513,974
56,798,874
86,149,280
74,678,299
18.226,997
Operating income
18,681,277
23,266,015
$7,001,403
JDrl8,751
Other income
744,935
25,450,670
824,289
26,274,959
568,085
.
580,777.
20,678,731
$7,091,017
Drl3,979
$2,317,710
income
on
$2,106,901
$3,280,650
the
for
taxes
40%
$7,077,038
3,796,388
$4,946,172
2,839,271
nine
$6,982,655
19,262,054
24,010,950
7,281,223
7,492,066
9,797,908
9,859,359
9,513,859
11,769,988
14,213,041
16,415,600
5,517,601
5,517,601
7,356,801
7,356,801
3,996,258
6,252,388
6,856,241
9,058,799
subsidiary-.;—
360,000
280,000
480,000
280,000
i-—
3,636,258
5,972,388
6,376,241
8,778,799
16,795,082
deductions
Income
Div,
—
Net
$3,191,878
ended
months
by
a
of
.
oi
income—.:——
Reserv.
estimated normal and surtax
of the
requirements
pfd, stocks, of subs,-
3,79.0,777
,,
months ended Sept.
above
shown
incom
net
include,
the
Balance
following
—
•
.
•
•■
1942
'
$1,301,820
30
12 months ended Sept. 30——
1,524,458
■
1941
1,818,019
No
required based on
the estimated excess profits taxable income for the year 1942 after
deducting an unused excess profits credit carry-over from the years
1940 and 1941.—V. 156, p. 1056.
provision
for
Federal excess
profits taxes
is
Earns,
New York Susquehanna & Western RR.—Hearing
Plan Jan. 12—
:
on
A reorganization plan for the road filed by New York Life Insurance
.Co., Mutual Benefit Life Insurance Co., and Prudential Insurance Co.
York
New
will
on
be
heard
Jan.
at the hearing.—V.
12.
Commerce Commission in
reorganization may be filed
by the Interstate
Other
plans
of
2,424,025
2,424,025
1,818,240
$0.19
4,154,369
$0.43
3,952,216
$0.41
0,354,774
share-
com.
per
♦Provision
for Federal income and
months
ended
normal
of America
1,818,019
——
$362,592
354,603
and
156, p. 2042,
Sept.
surtax
30.
net
excess
$0.66
profits taxes for the nine
on
40% of the estimated
1942, was based
income-and on 90%
of
profits taxable income without giving effect to
10% of such excess profits taxes,:
%
the
estimated
excess
post-war
credit of
Operating revenue dfeductions shown above include the
provisions for such taxes and for Canadian income taxes:
following
a
.
Period End, Sept. 30—
Federal
Fed.
income
,19.42—9 Mos.—1941
$4,911,932
$4,494,487
5,046,463
470,412
406,133
taxes—
prof, taxes-
excess
Canadian
income
taxes
1942—12 Mos.—1941
$6,431,213
$5,356,834
5,046,463
593,578
580,802
SEC Defers Case—
New York Telephone
Period End. Oct. 31—
Go.—Earnings-
1942—Month—1941
Uncoil,
revenues
oper.
Operating
—
20,471,678
62,182
revenue
12,662,483
expenses
The Securities and
1942—10 Mos.—1941
$
$
$
19,998,875 196,886,046 190,763,676
62,387
538,672
637,101
12,971,023 126,578,732 120,677,048
Sj
Net
oper.
Operating
revenues-.
taxes
69,768,642
3,847,873 *45,742,460
6,965,465
7,747,013
5,036,592
69,449,527
3.7,989,157
Net
Net
oper,
income
2,710,421
income
2,338,476
3,117,592
2,534,143
24,026,182
21,148,152
post-war credit).—V.
31,460,370
26,933,356
Exchange Commission has continued until Jan. 11
"death sentence" proceedings against the corporation .in order to
permit the submission of a plan designed to make possible the re¬
the
sumption of dividend payments by
Power
In
dividend
accounts
escape
to Buffalo,
for
Commission
Le
the Buffalo,
Niagara
and Eastern
Corp,
addition
system
had
the
one
of
and provide
the necessity
Boeuf,
first
time
in
16
years
which recently passed
after the Federal Power
write-down
of about $15,500,000 in the
plan will cover the .entire
whereby all companies involved may
of passing dividends, it was stated by Randall
counsel for Niagara Hudson.—V. 156,, p. 1955.
of
ordered
Niagara and Eastern,
its
a
a
subsidiaries,
the
means
(net after,
Niagara Share Corp. of Maryland—15-Cent Dividend
156, p. 2042.
both
group,
stockholders'
to
23,457,070
"Includes $3,213,403 provision for additional Federal taxes
its previous findings,
preferred and common stock.
The common stock¬
headed by L. Stanley Champion, and represented by
Robert E. Smith of New York, and the preferred stockholders' group,
of which Harry W. Harrison of Philadelphia is Chairman and Franklin
E. Parker Jr. of New York is attorney, both contend that an equity
exists for
present stockholders, which legally must be recognized.
Exhibits are presented in support of this contention.
wiping
holders'
$498,482;
stock,
Liabilities—6%
$100 par vale),
a
Contending that the Interstate Commerce Commission erred in im¬
portant respects in the provisions of the modified plan of reorganiza¬
tion for the road, dated Oct, 6, 1942, protective committees for both
the preferred and common stockholders have filed with the Commission
numerous
exceptions to the plan and petitions for further hearings.
accrued utility revenues,
of $24,646), $222,547;
materials and supplies, priced at average cost, $177,067;
taxes, insurance, etc., $35,866; debt discount and expense in
process of amortization, $85,674; other deferred charges, $17,143; com¬
income.
Operating
New York New Haven & Hartford RR.—Stockholders
Dec,
15,834,308
Operating revenue deductions
provisions for such taxes:
9
1942
30,
prepaid
1942—12 Mos.—1941
$4,960,666
Drl4,494
Federal
1942 was based
Sept.
$140,761;
Balance
*
New York & Honduras Rosario
The
Sept. 30,
1941
$3,253,487
—-
taxes—..
ordinary
and
—;
"After interest.,
for
1942
,
— —
after
Net
Corp.—Earnings—
Sheet,
■$'"'
17,629,760
$5,156,154
2,838,444
--
—
♦Provision
New York City Omnibus
i—
deductions
$7.42
Assets—Utility plant, $28,762,590; Investments in and loan to sub¬
sidiary companies not consolidated (less reserve of $1,646,784), $1,339,624;
miscellaneous investments and special deposits, $50,172;
cash,
$757,056; United States Treasury notes, tax series C, $150,000; accounts
Balance
.
$345,508
$7.03
.
Balance
Operating revenues
*Oper, rev, deducts.*.—
$5,169,133
Dr12,979
deductions
$327,418
—-
taxes for the year ended Sept. 30;
nine months ended Sept. 30,
1942,
for' the
amounts
681
9,101
income
The provision for Federal
includes
643
7,841
Light Corp.—Earnings—
1942—9 Mos.—1941
Operating income
,
common
757,816
11,427
16,641
—
—
Consolidated
the bonds
in full,—V. 156, p. 2042.
738,007
10,322
16,351
.
.,
—
etc.——
„
:•
computed at an estimated normal tax rate of 46%, and is subject to
adjustment to conform to the 1942 Revenue Act.
of the debtor
$22,798,893 $20,794,973 $30,548,088 $27,680,137
revenues
rev.
of
$1,139,812
.
>
to construction
interest,
income
1942,
14,636
$1,099,297
and expense
discount
Gross income
the
directors will meet
stock, if declared, will
be payable Dec. 29 to holders of record Dec, 19.
Distributions of 50 cents each were made on this issue on Match 2,
June 1. Sept. 1 and Dec, l, last. Payments during 1941 were as follows:
Mar, 3, 40 cents; June 2 and Sept. 2, 50 cents each; Dec. 1, 60
"cents; and Dec. 29, a year-end of 50 cents.—V. 156, p. 1611.
Dec.
cover the face amount
cash now in the hands
to
that
and
Drl63
Earnings per preferred share.,,
that
for
protective committee for the holders of Housatonic RR, con¬
solidated 5s of 1937 has submitted a petition to the Interstate Com¬
merce
Commission objecting to the treatment of the bonds in the
plan of reorganization of the New Haven,
The committee asks amendment of the plan so as to provide for
1942—12 Mos.—1941
406,551
$1,125,176
—
Taxes assumed on interest—
The
$385,734
revenues—
12,500
——$1,099,459
——
-
Amortization of
from
Housatonic Bondholders Ask Cash Under New. Haven
$1,855,554 $23,986,712 $21,706,378
840,776
10,419,314
9,566,786
237,925
*2,655,232
1,679,869
248,701
2,950,509
2,846,320
278,048
—
19,955
131,696
181,075
—
_i
Interest
in
the findings of no value for the equity and
the stockholders be eliminated and that there
be substituted for them findings that the equity of the present stock
has a value and that existing stockholders are entitled to participate
in the reorganization through the issuance of warrants.
Inc.—Earnings—
1942—Month—1941
.
revenues-—
88,997
20,338
—7,785
-
Plan—
New Orleans Public Service
352,732
92,609
——/
I——
income
Total
present stockholders.
participation
no
of Jan.
as
than $19,319,173,
New Haven protested the Interstate Commerce Commission's
plan, and asked that plan be modified to make some provision
The
latest
1943, a total
of $5,000 of first mortgage 6% 20-year gold bonds, due Jan, 1, 1948.
Payment will be made at The Hartford-Connecticut Trust Co., trustee,
760 Main St.; Hartford, Conn., at 103 and interest.
been
356,279
—
———
——
Net earnings
surplus
New Haven Oil Corp,—Bonds Called—
have
worth not less
Road Protests ICC's Plan—
The
There
are
but that under the plan the owners would
New Haven,
the
& Providence
the Boston
erties of
to
New Hampshire Fire Insurance
The directors
Capital stock
term
in the merging of their property
with the
New Haven should not be expected to take securities representing only
some 25%
of the value of the property they would contribute to the
reorganized New Haven System/
The company said that the . prop¬
of the Boston & Providence
poned—
■
218,073
—
-
security tax
mission
respect
in
property of the Boston & Providence RR, Corp,
•
England
5,100
133,651
220,920
property taxes
Social
11,927
24,676
123,759
also filed with the ICC
the plan
The contention of the insurance company is that the security holders
New
Real
1,006,147
4,860
——
.!
Excise tax
Haven must be satisfactorily
wipe out $200,000,000
of stocks which are currently earning $20,000,000 per
If the Commission is unable intelligently to evaluate these
committee says, then it is unable intelligently to deter¬
mine
future
earnings,
value and capitalization,
and has but one
alternative, namely, "to submit a plan to the court, which without
injury or prejudice to present creditors, will recognize stockholders'
present equity and assure to the holders thereof the future earnings
Which may accrue on that present equity."
The common stockholders' committee submits a modified plan of
reorganization within the framework of the Commission's plan,
It
gives effect to inclusion of the Old Colony and Boston & Providence
railroads/ excludes liabilities which will be eliminated by the effective
date (Dec, 31, 1943), and provides for a "class B" common stock to
holders
345.
p.
construction—1
to
Maintenance
forever
the
stock would
with $2 per share paid on Dec. 20, last year; $1 per
Dec. 20, 1940, and 50 cents per share each on Dec. 27, 1939,
on
declares that
can
value
mon
compares
common
committee
Commission
the
represent the surplus of the Commission's capitalization, after allow¬
ing for unsecured claims and interest thereon at 4%.
"Class A" com¬
Neptune Meter Co.—To Pay $1 Dividend—
A
"before
annum,"
factors,
the amount required by the Revenue Act of 1942:—V. 156, p.
Neisner Brothers, Inc.—November Sales Up
stockholders'
common
ing the longer range future of the New
evaluated
provisions to
1868.
$178,237 to adjust tax
adjustment of
!—j_
expenses
transferred
1941
$3,081,279
valuation
par
Net
Dividends applic.
and
subsidiaries,
In
$2,449,358
742,500
210,000
120,348
income
Gross
commission
expenses
Provision for uncollectible accounts
limiting capitalization of the reorganized company to $365,000,000,
contended the Commission refused to give any effect to
the
of the New Haven's rights of entry into Grand Central
Terminal, and other factors.
$2,737,651
——*
Regulartory
—
♦Federal income taxes———————————
value of properties of
$402,451
-
General operation
General
1942
$3,129,302
1,035,692
9,337
22,812
revenues
are that the Commission disregarded increases in
the New Haven, increases in value and earnings
liquidation of past due interest.
Total payments
of such back interest in 1942 alone will be $25,096,300, it is claimed.
9,555
of
revs.
Operating
Depreciation
Other contentions
'
Net oper.
1941.
31,
Dec.
at
limited-term
of
(& Sub.)—Earnings-
Years Ended Sept. 30—
cancellation
$9,040,194
3,910,.770
*0*57,350
76,446
—
taxes
Amort,
$774,174
349,675
113,724
71,796
$828,096
344,959
expenses-..
New York Water Service Corp.
Old
1942—12 Mos.—1941
1942—Month—1941
revenues
Operating
While the Commission's plan provides for inclusion of the
Colony, and Boston & Providence railroads, it does not reflect the
of their claims against the debtor, it is held.
Cancella¬
tion of such claims, it is contended, before allowing interest on un¬
secured claims, would reveal an equity of $23,225,263 as of Dec. 31,
1941.
Allowing interest on unsecured claims at 4%
from date of
bankruptcy to Dec, 31, 1941, equity would be -$11,991,863, while at
an interest rate of 6% on unsecured claims equity would be $6,375,163
Monday, December 14, 1942
period.
Co.—Earnings—
Nebraska Power
Period End. Oct. 31—
Int.
COMMERCIAL & FINANCIAL CHRONICLE
THE
2136
On Class B Common Stock—
\
New York Title & Mtge. Co.—Payment—
notified that the
trustees, Aaron Rabinowitz, James L.
Adrian P. Burke,
will make an income distribution of 2V4% on Dec. 31 to holders of
record of Dec. 10.
This payment will aggregate $583,202,
Since their
apuointment on May 13, 1935, the trustees of this series have dis¬
tributed 6%
in principal, totaling $1,654,474,
and 36% in income,
totaling $9,706,26'',.—V. 154, p, 2370.
Holders
of
certificates,
Series
F-l,
being
Clare and
are
The
directors
on
Dec. 4 declared a dividend of 3%, equal to 15
share, on the class B common stock, par $5, payable Dec. 30
to holders of record Dec. 11.
This compares with 20 cents paid on
this issue on Dec. 30, 1941, 30 cents on Dec. 27,
1940, and 25 cents
each on Dec, 27, 1939, and'on Dec. 24, 1938.
cents per
The
also declared the usual quarterly dividend of
1%%,
$1.50 per share, on the class A preferred stock, par $100,'
payable Dec. 30 to holders of record Dec. 11.
equal
directors
to
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4133
Volume 156
y'Months Ended Sept, 30
Consolidated Income Account,
Divs.
Other
income
Misc.
$815,187
3,572
$916,730
17,229
$818,759
$933,959
101,724
,+386,012
103,816
423,756
102,489
523,653
$322,906
1,272,480
$291,186
Cr7,684
(& Subs.)
Northwestern Electric
Period End, Oct. 31—
Period End. Sept. 30—
Operating
Operation
1942—9 Mos.—1941
revenues
,—
1,265,947
1 Dr905
Depreciation
Taxes
(other
and
profits
4,071,304
3,988,915
5,410,661
3,128,015
4,558,860
3,971,225
880,875
2,303,125
$1,571,914
Class A pref.
$1,595,386
$1,460,629
117,015
earned' surplus
122,205
126,450
divs.—
$1,572,859
135,000
Net
$1,454,899
surplus Sept. 30-
$1,334,179
$1,473,181
$1,437,859
+In-
gain or loss on sale or disposal of investments.
of
'Exclusive
$7,271,575
71,053
———
$8,205,110 $10,755,889 $11,503,791
126,719
66,903
137,923
Consolidated Balance
1942
$372,244
—
—
—
S.
obligations-at cost—i
Treasury
receivable
notes
and
Accounts
(net)
dividends receivable
Interest and
Investments
disct.
assets
Miscellaneous
(net)
,—
—-———...——17,981,669
—
bond
Unamortized
58,000
3,228
51,234
.
1941
$465,180
7,131
81,497
22,801,359
expenses——133,455
and
178,847
11,103
24
•/
!— $18,610,932 $23,548,336
———
the
payable
convertible
for
Reserve
payable——
taxes,
$6,814
—
15,594
—_
2,567,000
preferred
B
common
stock
-7,094,500
—
stock—.
surplus—:
surplus
—
--
.
———
704,785
1,454,899
.
—-—---
—
—
3,924,428
1,473,181
$18,610,932 $23,548,336
—-
in 1942 and 1,418,900 shares in
(26,705 in 1941) shares.—V. 156, p. 1056.
by 1,363,900
(Represented by 25,670
shares
♦Represented
Nicholson File Co.—$1.10
A
dividend
of
$1.10
share has been declared on the common'
to holders of record December 8.
Dis¬
tributions of 30 cents each were made oh April 1, July 1 and October
1, last.
In addition to four regular quarterly payments of 30 cents
each made during 1941, the company during that year also paid the
following special dividends: April
1,
15 cents;
July 1, 20 cents;
Oct, 1, 70 cents; and Dec. 20, 90 cents.—V. 155, p. 1123.
Profit
Other
per
1942
1941
—
taxes—
—
3,170,000
——
2,971,000
$8,452,033
$6,062,945
/
■
$7,155,108
1,307,267
$8,462,375
$8,318,338
415,000
$7,862,§30
$8,027,033
$7,903,338
$7,454,930
_
than
earnn.
9,450
9,975
3,926
50,841
54,244
Crl
Cr68
Cr315
Crl,882
$42,963
$650,999
$494,299
408,000
.
405,000
$3.58
share
per
$3.53
$8,057,375
1942—Month—1941
112,880
1.097,905
785,496
32,424
20,546
294,117
221,238
46,256
12,472
293,946
35,732
17,819
15,017
206,468
154,031
Maintenance
income
&
taxes
Operating income
—
for
196
1,153
2,224
$32,777
$501,542
11,555
149.127
$21,222
$352,414
(3%
Interest
1,876
2,537
26,539
12,717
31,473
Interest
—
1,163
1,026
$43,198
———
collateral lien
1st
on
3,219,833
$5,441,632
42,154
$7,025,259
56,205
$17,659
bonds
(3%
$313,158
inc.)
12,243
$148,690
28,025
$5,399,478
$6,969,054
1,031,250
1,375,000
3,200,000
4,340,000
4,760,000
income
dividends
1,375,000
5,860,000
_—
Federal
for
months
nine
normal
ended
tax,
Sept.
Earnings—
>'
Water
Operating
revenues
expenses
.—
General
Subs.)
$693,969
$2,757,970
$2,629,439
273,789
.
1,131,579
1,097,530
37,162
156,927
142,535
60,983
58,823
230,122
234,139
inc.
66,121
63,057
275,549
239,048
85,420
67,060
2£)3,941
$194,076
$679,849
46,182
179,356
Operating income
_
Gross income
Other
interest
and
$240,258
$859,205
48,645
186,680
519
663
Minority
2,087,454
334,500
1,065
1.158
6,017
4,847
695,325
716,195
700,680
932,799
908,965
taxes,
:
643,950
operating
496,665
4,500
income
919
815
2,736
3,295
income
156, p.
$189,121
$663,109
$669,234
91,579
'——
Balance
—V.
$170,839
—.
91,579
366,317
366,317
$79,259
$97,542
$296,792
$302,917
Net
$1,387,453
$1,910,048
Indiana
Public
Service
,
Co .-^Earnings—
Earnings for Year Ended Oct. 31,
1942
64,950
Maintenance
Provision
of
Rental
$25,331,952
12,403,689
——
_
depreciation
for
hydro-electric
generating
426,742
taxes
'Provision
$1,511,759
$1,974,998
853,903
811,001
$819,412
$898,373
operating
Utility
income
$7,650,019
197^62
,
20,351
$1,121,096
27,135
786,596
1,136,194
Federal
normal
tax,
and
surtax
Gross
income
excess
profits
tax
:
Federal income taxes
Federal income and excess profits taxes
—V,
income
156,
p.
$7,847,581
2,421,611
$5,425,970
21867,638
$2,558,332
2042.
45,766
26,725
$3,532,641
2,524,102
—:■—
deductions
of inc.,
$2,868,75(1
2,551,683
$1,008,539
—
_
bef. int.
onconv.
obligation
$317,073
—V, 156, p. 1869.
Ohio Edison Co.—Earnings—
Period End. Oct. 31—
Gross
revenue
taxes—
278,7571
taxes
Gross
Int.
taxes
282,700(
1,628,500
(
3,182,900
1,292,300
$6,524,270
3,463,427
$7,468,704
3,449,343
j
income
—
$529,590
deducts.—
Other
&
195,812:
•
—
$2,033,280 $25,039,648 $23,091,820"
623,129
7,993,806
7,222,710
250,000
3,287,570
3,050,000
194,541
2,422,602
<2,239,011
407,600
profits
1942—12 Mos.-r~1941
1942—Month—1941
$2,105,790
694,030
——
Operating expenses —
Prov. for depr. & amort.
Excess
year-end dividend of $1 per share has. been declared oh the com¬
stock, no par value, payable Dec. 21 to holders of record Dec. 5.
289,126
$682,909
282,602
——$240 464
$400,307
1,819,100
Distributions of 50 cents each
were made on Feb. 2, May 1, Aug. 1 and
last.
Payments during 1941 were as, follows:
Feb. 1 and
May 1, 25 cents each; Aug. 1, 50 cents; Nov. 1, 75 cents, and Dec. 20,
$1.50.—V. 156, p. 1332.
Nov.
Net
2,
Divs.
income
stock
155,577
-
Period End. Sept. 30—
1942—3 Mos.—1941
$4,389,278
1,550,993
253,987
515,867
revenues,.-,--.
———
Maintenance———
Taxes,
than
income
'Federal
income
1942—9 Mos.—1941
1,459,126
4,521,893
232,827
.
496,120
592,812
556,910
1,811,815
106,422
■
.
taxes-
Fed.
excess
prof, tax—
tCharges in lieu of inc.
& exc. prof, taxes—
".■
credit
44,428
1,611,474
281,956
974,334
:
9,126
27,324
133,618
$1,004,452
tnet)—
10,839
13,780
31,434
income —
$1,116,940
$1,018,232
$3,400,483
857,781
888,861
2,579,857
2,791,444
$259,159
$129,371
$820,627
T—_—.
income
iricome
Federal
accordance
$3,369,049
with, the
and
excess
Revenue
profits
Act
of
taxes
have
been computed
1942.
charges represent amounts equivalent to additional income
profits taxes which would have been payable on earnings
of certain subsidiary companies if those companies had not had the
benefit
for
tax
purposes of
deductions for discount, call premium
excess
expense,
resulting from the refinancing of
have
been
credited
to
unamortized
expense.
,
Income
Statement
income
long-term
debt.
.Such
665,500
.794,730
862,095
'
1
$92,288
$120,413
8,092
4,157
' 12,537
1,829
4,369
4,355
2,081
4,708
6,571
8,302
exps—
income
taxes-
income
notes
accruals—
reserve
$4,422,098
1,583,114
$4,443,290
1,179,601
$3,509,816
—
:
$3,263,689
—-
income
86)7,150
Amortization of debt prem., less debt exp.-i-.' ,'
Other income, charges—'
.
Net income
Balance for common
808,957
L Cr8,244
-13,103
$2,637,807
-
Pfd. stock dividend requirements
21,191
;
Cr9,323
42,34-4
$2,421,708
592,165
stock and surplus
$1,829,543
$3,72
—
592,165
$2,045,642
:
'On
shares outstanding.—V,
550,000
156,
p.
$3,33
2043.
$198,704
■
Old Colony Insurance
9,421
$28,499
$81,594
$96,936
70
965
836
3,193
$28,429
——
$80,629
$96,101
$173,433
payable—
$5,069,416
23,514
$5,092,930
(net)
^Earnings per common share
1942—9 Mos.—1941
$40,138
admin,
income—
operating
deductions—Interest—J——.
Income
$176,626
Co.—Special Dividend of $15—
a
special dividend of $35 per
to the regular quarterly dividend of $5 per share
stock, both payable Jan. 2 to holders of record Dec. 8.
Special distributions of $15 per share were also made on Jan. 2, 1942,
on Jan. 21, 1941, and on Dec. 23, 1939.—V. 154, p. 1530.
The
share
directors
in
on
Dec.
8
declared
addition
the capital
on
on
1,369,690
.
qf Company Only
1,465
Gross
excess
—
income
Gross
deftt! discount,, premium
1942—3 Mos.-^-1941
Taxes
Int.
Federal
—
income
Gross
,
Period End. Sept. 30—
'Federal
and
income
t^xes
Utility
tThese
&
State
and
$379,582
deductions
Total
.
1941
$9,559,720
3,384,190
293,203
$3,171,027
income
amounts
Co,—Earnings—
revenues
Retirement
in
156,
—
Other
Net
profits taxes.—V.
excess
profits taxes
865,218
$3,133,342
37,685
oper.
Gross
$2,152,439
profits taxes fors
at the rates'
for post-wax'
p. 1154, 1692.
:,v....
1942
$11,437,038
Operation—3,839,571
Maintenance
:
296,266
Operating
Federal
316,863
$1,106,101
$1,193,920
excess
31, 1942, are substantially
Revenue Act without reduction
1942
of
$244,731
income and
Oct.
12 Months Ended Oct. 31—
■
-
income.—
the
in
account
on
$4,019,3G2
1,866,923
Federal
for
ended
$3,060,843
1,866,923
Oklahoma Natural Gas
other
Net
accruals
months
10
prescribed
4,245,776
618,932
1,486,497
724,542
1,546,353
Fed-
—
the
$4,181,844 $13,081,603 $12,270,498
325,090
—_
other
eral
Note—The
Subs.)—Earnings—
155,577
$84,887
pfd.
on
Balance
income
'1942
with
the
___
Federal
income
Revenue
Act of
taxes
have
1942.—V.
been
156,
p.
computed
785.
in
accordance
Northwestern Bell Telephone Co.—Year-End Dividend
year-end
common
dividend
stock,
of
par $100,
This
compares
Sept:
Net
—
—
-
367,654
37,137
—
—
1941
$3,064,164
154,355
14,327
' 1942
$3,983,198
——-
——.
General
868.
Northwest Engineering Co.—Year-End Dividend—
A
$7,709,381
Company)
30—
—
taxes-..
Federal
A
Net income before
,
27,135
1942 have been made on the basis
p.
Sept.
income
Income
1,179,893
'
Income deductions
(Parent
1,789,012
income
(net)
Income
12,809,901
1,544,869
$6,065,174
—
of
——-
income
12,276,023
1,437,577
-
expenses
$1,178,693
20,351
786,596
for
Ended
income
Federal
$1,989,694
613,386
for the nine months ended Sept. 30,
of the 1942 Revenue. Act.—V. 156,
Net
Other
income—
Months
Balance
1,023,423
2,039,067
plants
State, local and miscellaneous Federal
12
146,775
stock
common
Gen.
operating revenues—
Operating expenses
Total
of
General
$1,842,918
124,306
stock—,
pref.
on
,
Northern
$19,778,774 $22,034,151
subsidiary companies.
Co—
——
Statement
Total
$19,351,950 $21,418,738
426,824
645,413
——*
—
deductions:
Gross
642,028
income
on
Divs.
and
1868.
7,594,200
5,102,204
9,120,640
.
——.*•
(net),—-—,
Other taxes
$1,461,4-11.
Divs.
and
pfd. stock
on
26,884,325
6,620,548
5,372,561
4,500
72,050
income
Gross
and
Net
Dividends
——*
PA NJ Utilities
+Balance
650,900
825,285
"...
$1,389,391
income
'1942
_
15,
per
7,945,409
7,137,854
9,416,138
1
(depreciation) of prop¬
equipment
income
256,647
726,615
income deductions
disct..
etc.—
interest^., n
$6,821,201
184,044
9,790
expenses,
NY
530,550
'
Other
197,346
128
common
Jan.
29,415,242
7,309,619
5,823,626
v_
and declared value exc. profits
income
Income
1942—12 Mos.—1941
549,765
$884,512
45,596
debt
of
Amort,
$218,547
—
the"
1692.
p,
_
and
income
(& Subs.)—Earns.
$4,879,443
1,580,050
1,541,792
k1*!:
Total
—-——
on
record
(& Subs.)—Earnings—
purchased for resale—-
gas
taxes——
Operating
for Fed. & State
income
Other
—
Bond interest
Other
Other
(Wise.)
$5,062,316
—_
1
'Prov.
184,281
"
Other income
$2.62 V2
—
plant
erty,
tax
the
216,7.23
$700,231
45,734
tax.
156,
'
215,953
<
—
1942
—
—
Depreciation
: '• ;.
1942—12 Mos.—1941
$172,813
—
Fed.
(&
38,352
—
—
taxes
for
Prov.
$707,655
283,964
retirement—
for
Prov.
Corp.
1942—3 Mos.—1941
—.
Operating
and excess profits
have been made on
surtax
30,
———
.
$116,408
•
v
Period End. Sept. 30—
Maintenance
Electric
&
and
'Federal income
156, p. 2043.
1942—9 Mos.—1941
————1
Maintenance
Operating
Operation
Northeastern
15.—V,
expenses
$6,441,664
2,086,909
revenues
Depreciation
1868,
156, p.
-V*
dividend of
a
Maintenance
32,282
$285,134
—-
declared
of
Sept. 30—
1942
1941
operating revenues——$86,399,838 $82,113,218
Electricity
$7,681,570
1,031,250
dividends.
North West Utilities Co. (&
Net
also
holders
to
Months Ended
12
Total
$7,737,775
56,205
$4,435,578
share has been declared
NY PA NJ Utilities Co.
4,329,878
4,242,849
directors
holders of ercord Dec,
$8,661,464 $11,268,108 $12,067,633
$4,477,732
42,154
income
the
mon
—
equip, notes
011
Balance
fixed)
880,875
$8,534,745 $11,201,204 $11,926,203
126,719
66,903
141,451
$7,680,284
3,202,552
—-
——
Operating
Operation
$192,406
Interest on 1st «oll. lien
bonds
2,303,125
000
cents per
share on tho
7%
cumulative preferred stock, par $50, payable Jan, 15 to holders
of record Dec. 31.
This will clear up all arrearages on this issue.
Previously a dividend of 43 3/4 "cents on account of accumulations and a
regular quarterly dividend of'J87Vs cents for the quarter ending Dec. 31,
1942, were declared on the preferred stock, both payable Jan. 2 to
3,716,025
880,875
The
4,160,521
5,143,962
4,285,860
20
par value, payable Feb.' 1
the first • payment since 1926.
no
is
Gross
140,891
$46,237
$160,100
adjustment of $57,350 to adjust tax provisions to
required by the Revenue Act of 1942.—V. 156, p. 1692,
A dividend of
This
1,575,393
1,567,370
$333,296
13,392
income
5,371,261
2,930,015
Northern States Power Co.
$331,072
•
$59,629
Depreciation
Gross
$500,388
36
Gross income
4,403,750
3,959,318
71,053
Period End. Sept. 30—
$1,527,569
$32,581
$59,593
(net),,—.
income
Other
3,142,500
3,034 575
basis of the 1942 Revenue Act.—V.
exc.
—-i.
,
Other taxes
•1,179,403
——
preferred
Net
1942—12 Mos.—1941
334,199
$316,790
——-
credit
amount
stock,
"
$2,392,825
————1—
Norwalk Tire & Rubber Co.—Resumes Common Divi¬
'Prov. for excess profits
$153,838
73,222
$268,971
—
334,209
Provision for retirement
Net
$5
North Texas Co. (& Subs.)-—Earnings—
Period End. Oct.31—
the period
dend—Declares All Arrearages on Preferred Stock—
1942—12 Mos.—-1941
3,356 250
4,041, 754
Subsid. divs. & min. int.
.
Operating revenues
Operation
—~—
to pfd. stocks for
Operating
Balance
$105,473
———
year-end dividend of $1 per share has been declared on tho
stock, payable Dec, 15 to holders of record Dec. 5.
Distri¬
16, June 15 and Sept. 15,
last,
Payments during 1941 were as follows: Mar, 15 and June 16,
50 cents each;
and'Sept. 15 and Dec, 15, 75 cents each.—V, 154,
p. 1632.
(& Subs.)-—Earns.
1,139 ,303
Total income deductions
$3.60
$3.33
income
268,000
119,788
butions of 50 cents each were made on Mar,
Mos!—1941
1942- -9
inc.)
income
Gross
22,333
1,516
A-
$32,394, 645 $31,340,620 $43,632,898 $41,896,959
10,729, 533
10,713,759
14,500,327
14,493,980
2,484,
.
profits
the
;v v-;■■ \
$7,609,231
income
$79,129
Northwestern Yeast Co.—Year-End Dividend—
tax
on
totaled
—
(oth.
20
common
Net oper. income—.
'Includes miscellaneous income,—V,.156/ p. 609;
-
profits
excess
been made
have
1942,
Northern
—
Taxes
Estimated net profits
Federal
and
surtax
30,
'Fed, & State inc. taxes
'Fedi excess profits tax
1,400,000
1,799,984
——■
425,000
$8,452,033
Depreciation
2,210,000
$8,318,338
,
income——
Estim.
tax,
Sept.
the
Act.
the
————
'Provisions
1940
1939
$15,852,760'$16,009,684 $13,405,657 $16,631,605
expenses-—
4,230,727
4,720,346
5,132,712
8,076,497
Sept. 30—
Total income
,
normal
ended
_
Depreciation
$934,449
155
$142,905
-
5,068,848
1942,
of
5,
revenues
Operation
Noranda Mines, Ltd.—Earnings—
9 Mos. Ended
Total recovery
Reserve for
$5,880,632
3,801,636
Revenue
Dec.
Maintenance
Common
and
$5,148,721
Period End. Sept. 30—
Operating
$932,933
5,650
Balance
Dividend—
December 21
payable
Cost
$4,038,593
3,801,636
2,534,424
Northern States Power Co. (Minn.)
Other
stock,
1942
output
ended
Taxes
'Total
1,431,205
States Power Co.. system for the
39,831,000 kwh., as compared with
kwh. for the corresponding week last year, an increase of
8.6%.—V. 156, p. 2042.
2,670,500
L—6,819,500
etc.—
A
'Class
Earned
1,431,205
Weekly Output— '•
week
187,797
8,153,000
38,116
debentures-—.——6,886,000
1 Class
Capital
$4,236
158,918
.—
—
interest
and
Dividends
1,073,404
Federal
for
the
$1,079,609
3,316
(net)
Dividends applic.
$7,311,837
—
months
nine
of
$79,109
ehgd. to constr—
Int.
36,664,000
LiabilitiesAccounts
$6,579,926
$3,066,656
—
'Provisions
for
Electric
Total
$5,111,997
1,073,404
dividends
basis
24
$142,750
202,519
minor¬
—
income
325,000.
22,333
'Includes
Net
Pfd.
14,322
_—-—*
—•
interest
ity
300,000
mtge. bonds
debentures-
on
Net
$4,140,059.
and
634,629
25,000
;
& deductions
on
Interest
$8,331,830 $10,822,793 $11,641,715
3,219,833
4,242,866
4,329,878.
3,202,569
—
divs.
Subs.
Sheet, Sept. 30
,
Assets—1
Cash
1941.
$7,342,629
deductions—.
Balance
income.
573,249
$1,082,925
268,000
113,400
Interest
,
$9,907 in 1942 and $1,771 in 1941 for Federal taxes based on
cludes
U.
income
Gross
Incomei
54,946
25,000
revenues--
income
Other int.
Earn,
38,575
limited-term
oper.
Other
income—.
income
2,602,568"'
21,623
880,875
Net
excess
tax
oper.
Other
$4,697,673..
Cr28,953
2,752,101
310,335
res. approp.
Gross Income
Gross
$5,015,318
224,863
investments
5,183,545
3,241,575
of
Mos.—1941.
$405,541
245,428
—
Prop, retire,
1942—\i
$422,800
and
taxes—
Fed.
for
'Prov.
taxes
Amort,
2,484,000
income
Other
Co.—Earnings—
1942—Month—1941
revenues—
expenses
taxes
'Federal
inc.
Federal
for
State
than
prof, taxes)
excess
♦Prov.
Operating
Operating
1942—12 Mos.—1941
$32,394,645 $31,340,620 $43,632,898 $41,896,959
10,830,638
10,815,797
14,633,242
14,621,609
1,139,303
1,179,408
1,567,370
1,575,393
3,356,250
3,142,500
4,403,750
4,160,521
Maintenance
to
year
(Del.)
Earnings—
$307,817
1,161,759
1,348,241
1_
applic.
adjust,
Jan.
$810,643
.—.——-
surplus
prior
$809,163
1,480
$223,673
etc.-,.,—
taxes,
'Net income
Earned
1939
89,549
+3-18,155,,
expenses
Interest,
1940
$661,377
Income
Gross
General
1941
$059,477
1,899
interest
and
States Power Company
Northern
1942
2137
30, last, and $1.25
All
of
the
with
stock
of
75
$1.25
per
share
has
been
declared
on
per
share
each
paid
on
June
30
share in preceding quarters.
this company is owned by the . American
and
phone & Telegraph Co.—V, 156, ,p, 2043.
on
Dec.
Pacific American
A
par
per
Tele¬
Inc.—50-Cent "B" Div.—
declared a dividend of 50 cents per share
on
the class B stock, no par value, payable Dec. 18 to holders of
record Dec. 8.
This compares with 25 cents «aeh paid on May 26, last ,
and on May 26, Oct. 31 and Dec. 29, 1941.—V. 156, p. 1058.
directors
the
payable Dec. 31 to holders of record Dec. 28.
cents
Oliver United Filters,
The
dividend
$5,
of
payable
distribution was
since
Apr; 30,
2
Fisheries, Inc.—$1 Dividend—
$1 per share has been declared
Dec.
23
to
holders of
made on Dec. 29, last,
on
the capital stock,
record Dec. 15.
A similar
which was the first payment
1938, when 15 cents was paid.—V. 156, p. 1154.
THE COMMERCIAL & FINANCIAL CHRONICLE-
2138
Oct.
On
Service Co.—Earnings-
Public
Pacific
$1,803,421
$1,681,647
$5,244,453
776,848
2,540,006
48,514
142,648
144,631
Deprec,, depl, and ainort.
181,593
178,855
563,769
534,078
Taxes
122,085
125,459
352,997
340,027
with
paid a dividend of 5 cents
July 2, 1942, and 10 'cents
156, p. 1244.
company
cents
8
on
preceding quarters.—V.
share,,
per
V Operating
revenues
Operations
Maint.
i—-—
and
repairs
$498,993
$551,972
$1,645,033
$1,675,435
etc.
21,001
10,259
46,649
27,230
income
$519,994
$562,231
$1,691,681
debt
53,956
75,977
164,930
193,415
charges-
223
64
550
2,892
53,055
8,652
William
58,393
Interest
Other
funded
on
interest
debt
of
Amort,
and
of
exp.
for
sub.
Fed.
and
taxes
profit
*623,300
472,000
44,460
for
A
44,460
133,380
133,380
$236,563
$242,175
$760,870
the
holders
of
also
made
$0.11
$0.12
$0.41
$0.52
months
nine
tax
rates
1942
of
imposed
this
the
by
•
has' been
item
Revenue
Act
of
adjusted
1942.—V.
to
156,
$2
record
Dec.
Dec.
on
made
were
share
per
has, been
31.
1942,
A
special
last
26,
declared
record
Dec.
share,
per
2,
payable
distribution
of
$2
Jan.
prior
to
of
that
Dec.
on
be
paid extra compensation
earnings during
the- fiscal
company
respective
20
paid
was
•'
voted
also
directors
Similar extra compensation was voted
a
22
all
employees
amounting
4%
to
of
of
•
the?
their
Pacific Telephone & Telegraph Co.—$1.25 Dividend—
dividend
stock,
$1.25
payment
share
per
payable
$100,
par
similar
of
Dec,
made
was
has
31
—V.
156,
declared
holders
to
1940
the
on
record
last,
to and
common,
Dec.
18.
against
as.
A
$1.75
including June,
1942.
12 Mos. End.
Gross
in
adidtion
the
the
outstanding
holders
Dec.
of
Dec.
on
to
usual
Dec.
extra
an
quarterly
par
Sales
11.
no
similar
A
ol
value,
extra
75
of
and
cents
both
Eleven
share
per
payable Dec.
distribution
to
on
by
Light
Water
Months
Ended
1942—Month—1941
said
the
Co.
Section
11-b
of
its
interest
in
Net
earnings—...—
income
Net
Corp.
for
serial
notes
earned
to
Interest
Dec.
on
1
tThere
this
the
$420,000.
by
the
Pennsylvania
Com¬
Lives-and
on
Granting Annuities. The commission
part of Peoples' integration program under
were
Public
Utility
Holding
Company
Act.—V.
156,
is
of
payable
cents
ments
cents
75
Dec.
each
18
during 1941
holders
made
were
were
share
per
to
cents, and Dec. 22,
The
directors
the
Dec.
has
of
May
on
been
record
15,
follows:
as
$1.—V.
15.
stock,
This
18,
Dec.
on
capital
Dec.
the
to the
declared
Dec.
Aug.
and
6
July 25,
156,
common
Distributions
Oct.
last.
15,
/
■
of
Pay¬
of' $1; Oct. 27*
initial
an
1779,
p.
the
on
12.
of
Acts
of
extra
4
declared
dividend
a
of
15
cents
Sept.
like
both
15,
Dec.
return
June 28,
on
1941.—V. 156, p.
of
25
amount
payable
of
last,
15,
The
15
Dec.
share
per
been
15
to
each
Mar.
on
extra
an
cents
have
cents
and
1941,
directors
share
Dec.
holders
cents
14
Aug.
10
cents
on
June
the
a
basis
of
current
such
of
tax
tax liability
Sept.
15,
paid.—V.
was
Dec.
14,
5.
1941.
156,
Extra
June
15
A
stock,
This
is
in
last,
20,
1941,
12,
the
of
1942;
and
in
quarterly
to
Jan.
on
Dec.
31,
22,
to
45
is
charges,
After
directors
$4
Dec,
21
made
holders
to
this
on
and
1941,
Nov.
on
issue
$2
of
20,
dividend
a
preferred
record
Oct.
on
Dec.
on
declared
27
second
non-cumulative
Dec,
1.
last,
1940.—V.
stock,
12.
of
no
similar
A
compared
as
156,
$2
no
cents
Gross
revenues
(incl.
Oper.
Taxes *
Net
22,
$2,656,898
$2,484,482
Interest
817,274
752,222
695,599
672,603
charges
Amort. Si other deducts.
Federal
income
avail,
Bal.
—V.
156,
133,008
128,051
130,044
$1,771,669
$1,660,832
584,661
676,000
77,626
11,070
144,715
260,149
253,886
247,544
241,844
$618,145'
$581,503
$616,011
Philco Corp.—Year-End Dividend—
share
per
June
12,
156,
Dec.
1942,
common
18.
Sept.
12,
Mar.
the
on
record
7
12
declared
stock,
par
$3,
of
10
Distributions
and
Dec.
dividend
payable
cents
Dec.
each
of
28
20
50
stock,
$5,
par
31
Mar.
lows:
Mar.
cents
payable
with
compares
Dec.
15
last, as against 25 cents each on
June 12, Sept, 12 and Dec. 12, 1941.:—
10
and
31
23
paid
30,
June
15 cents.—V.
22,
Dec.
cents
June
and
share has been
per
1942.
155,
Sept.
declared
of
30,
dividend
cents
and
during
each;
Sept.
Dec.
7J/2
1941
30,
common
15.
each
as
fol¬
cents;
6 Mos. End.
Sept. 30—
profit
Note—Provisions
been
1942
credit
on
the
$0.29
Federal
for
computed at 40%
Revenue Act of
1941
$265,590
$0.32
share..
com.
income
and
1940
$267,129
$0.27
$0.30
stock,
compares
profits
taxes
respectively, in accordance
1942, but no effect has been given to the 10 %
profits taxes,—V. 156, p. 1612.
2.
have
This
is
decided
the
initiated
first
in
to
made
was
on
with
while
15,
50
cents
15
Jan.
on
and
quarterly
1931.
in
.
par
the
ordinary payable
quarterly payments since
_
qualify
that
steps
that
fact
equal
tax
tax
the
to
will
rate
return
made
be
be
p.
to
taken
r.on-taxable.
1942
Fund
1
/
'
corporation for Federal
a
will
itself
approximately
most
The
be
four
sub¬
make
trustees
subject
cents
beneficiaries
"
•
will
to
be
a
share,
a
1509.
156,
•
as
will
to
saving
stock,
16,
payable
paid
were
well
*
,
in
r
.
'•}
,
1940,
also
'
-
Dec,
first
stock,
27
Jan.
on
usual
preferred
and
Jan.
Dec.
on
18.
Jan.
record
last,
27,
21. .1937.
dividends
quarterly
stock
both payable
Sl.25
of
87.'/a
of
share
per
to holders of, record
1
•
,
of
28,
and on Dec.
1938.
the
holders
to
issue
14.
declared
the
on
preferred
■
on
Com. Div.—
dividend of 20 cents per share'
a
Jan.
this
on
.'
.•
Throckmorton,
K.
Chairman
-
Executive
the
of
Manufacturing Co., Inc., has been
Corp. of America.—V, 156, p. 2044.
Period End. Nov. 30—
elected
Committee
director
a
\
:
of
1
of
the
•
: $203,802
November,
this
for
sales
1942,
month,—V.
Up 15.5%—4
1942—Month—1941
Sales
>'
v
r
=
the
were
156,
1942—II Mos.—1941
$175,634
highest
$2,146,571
in
the
$1,915,257,
company's
history
194*1
1940
$1,745,894
$1,359,622;
$2.78
$2.16
1780.
p.
(Including
9 Mos. End.
*Net
Sept. 30—-
'
1942
+$1,268,924
share of capital stock—
per
"After, charges and Federal
estimated Federal income and
$2.02
taxes.
,
excess
' i
Subsidiaries)
Domestic
-
profit
Earns:
•
V
providing $5,127,000 for
profits' taxes,—V. T06, p. 1870.
*
tAfter
•
10 cents on
1940,
directors
The
per
share
value,
payable Jan.
6
declared
cents
30,
holders of
to
on
30,
1941,
and
initial
an
Dec.
23.
cents
20
on
directors have declared
payment
due
915,608-
filed
199,562
109,234
608,728
402,984
Electric
taxes-_
prof,
excess
tax.
Reconstruction
the
Net
$7,913,195'
156,824
,336,362
395,583
income
by
&
391,749
,157,448
112,421
$2,365,087'
$2,163,622 '
$576,728
$621,693
24,506
24,638
94,816
$601,234
$646,331
$2,258,439
Net
98,471;
.
Heat.
170,259
642,713
731,602
$449,283
stock
stk.
$476,071
$1,615,726
$1,731,958
104,375
104,375
238,541
divs...
divs.....
$344,908
u
Federal
330,639
417,500.
and
excess
$371,696
excess
poses
of
from
the
credited
profits
$1,198,226
taxes
have
-$1,262,778
been
accordance with the Revenue Act of 1942.
"
charges represent amounts equivalent to additional
in
tThese
and
income
profits
taxes
which
would
have
been
the benefit
com¬
income
payable von current
for income' tax pur¬
deductions for discount, call premium and expense resultingrefinancing- of long-term debt.
Such amounts -have - been
to
unamortized
debt
of
made
the
final
balance,
the reorganization
discount
.
and expense.—V/ 156," p.
964.
-
on
Plan—
&
Power
Electric
Co.,
subsidiaries
its
filed
pursuant
.
to
1935
propose
Section
to consummate a plan of
11(e), of the Public Utility
the purpose of enabling the said
companies'to comply with the provisions of Sections 11(b) (1) and (2)
of the Act: 'The* main elements of the proposed plan are as follows:'
Holding
Company
Act
of
f6r
(L) Page, Madison, Massanutten Power, and Holston, all operating
companies-isituated in Virginia, will be consolidated into a new operati
ing
Balance
of
Power Co.,
'
'
and
Republic
reorganization
151,951
income
lien
has just
Corporation
at the time
Electric Light Co., Mercersburg, LehRenovo Edison 'Light, Heat' & Power
Madison Power Co.*-Massanutten Power
Corp., Page Power Co., Renovo Heating Co., Lehigh Ice Co., Susque¬
hanna Ice Co., Massanutten Water Corp. and Republic.Service Manage¬
$2,463,559
interest and other
Prior
.
y
■
company
.
Markes
masters, &
ment Co.
income
12.
will hold hearings Dec. 16 on the plan of reorganization;
Republic and its subsidiaries. The subsidiaries are Abington
Co., Brockway Light, Heat & Power Co., Fulton Electric Light,
Power Co., -Greencastle Light, Heat, Fuel & Power-Co.,
The.
Chunk
Mauch
19,446
taxes.
(net)
f
SEC
The
Heat
of inc.
income-—.
oper.
the
Finance
loan made
$2,000,000
Co., -Holston, River
Other
that
Republic Service. Corp.—Hearing
$7 ,321,790
953,919
prof,
-
states
.
3,633,894
in lieu
to.
1942—12 Mos.—1941
1942—3 Mos.—1941
252,270
ex.
$3
15
'
of
Car Co. in'1940, and under the plan of reorganization this4
payment will terminate the voting trust agreement dated Jan, 2, 1940.-—«
V. 156* p. 1059. •
'•
-
879,653
income
Hund
E.
H.
to
the
on
$1,975,281
—
.
initial dividend of 50 cents per share,5
an
;:5
President
235,049
Federal
&
nated—
942,393
expenses
of
dividend
payable Dec.
Pays Off Balance of RFC Loans—Voting Trust Termi¬
revenues—$2,130,001
Operating
stock,
Reo Motor
Public Service Co. of Oklahoma—Earnings—
Operating
record
Motors, Inc.—Initial Dividend—
Reo
com¬
156, p. 437.
Period End. Sept. 30
semi-annual
usual
cumulative preferred
Dec. 8.—V. 156, p. 1059.
payable Dec, 23 to voting trust certificate holders of record Dec,
the
record
of
the
declared
6%
-
on
on Aug. 29 and Oct.-29, last;,
1942; five cents each on Feb. 28 and April 29.
Dec,
1939, and 5 cents on Dec. 23, 1938.
23,
Dec.
also
the
on
of
holders
and
extra,
$1.50
directors have declared a dividend. of 30 cehts per share on
stock, payable Dec. 23 to holders of record Dec. 10.
This
with 20 cents paid on Dec, 23, last, 18 cents on Dec. 23,
common
compares
of
payment
a
the
with five cents each paid
1941.—V.
5,
*1942
dividend
fair
a
capital surplus.",
and
RCA
Radio
1333.
earnings if the company had not had
omit .the
new
annual
an
distributions
These
dividends paid in
the
share
"B"
The
post-war
Columbia, Ltd.—Omits
interruption
April,
15
have
Dividend—
directors
no
eight
puted
Jan.
last,
eight cents per share has been
cents on June
Preferred
excess
at
represent
the
not sufficient to cover the distributions
are
amount.—V.
directors
George
the
pet-
Jan.
1939
$239,073
,
and 90%-,
Pioneer Gold Mines of British
The
15,
Oct.
reductions
excess
dividends, were
distribution
"
Oct.
of
mon
Gross
$286,000
—_
per
similar
on
and
Pitney-Bowes Postage Meter Co.—Earnings—
Earns,
A
This
cents
were
10
made
will
invest¬
the
"Under
,
and
15
This
Total
Net
share
per
Proprietary Mines, Ltd.—8-Cent Dividend—
*
1218.
p.
cents
made.
extra;
1 Charges
the
on
record
last,
Payments
7Va
30,
holders
to
on
IV2
of
with 2 cents each on Jan. 15, April 15
Oct. 15, 1941, and'3 cents; per share in"
156, p. 964,
Taxes
of
dividend
15, a year-end of $2.-—V. 156, p.
Federal
dividend
said:
New Director Elected—
■
1941 were as fellows:
Jan. 15, 50 cents; April 15„
quarterly and 50 cents extra; July 15, 50 cents quarterly and
cents
A
on
Pictorial Paper Package Corp.—15-Cent Dividend—
A
be
and
'
per
the
The
cents
made
12,
and on Mar. 26,
July
cents
50
holders
to
were
1869.
p.
a
Dividend—
Payments during
Nov.
year-end
a
handling of
'
payable in Canadian currency
15.
Dec.
quarters.—V.
was
94,953
$702,244
Dec.
will
will
1942
common
The
Dec.
declared
have
as
15,
15,
seven
on
and
Remington Arms Co., Inc.—30-Cent Common Dividend
11,663
237,351
1779.
directors
to
amounts
cents
common
year-end dividend of $1 per share has been declared on the com¬
mon stock, par $25, payable Dec.
15 to holders of record Dec, 1.
An
extra of 50 cents each and a quarterly of 50 cents each were paid on
1942;
The
the
011
-
the
676,000
90,015
divs.__~
for
p.
July
Dec.
279,000
tax_^__;
15.
and
1-5
cents.
-
further
Fund
1942,
income
1941,, on Jan.
$1,640,471
543,646
Retirement expenses —.1
on
A
$2,443,118
96,671
Dis--
policy
Rand's Pittsburgh—November Sales
compared
1942, and on
last,
15,
$1.50
1939
$1,875,054'
July
18,
•••
cents
15.
2044.
quarter.—V. 156, p. 964.
record
of
holders
April
1940
——
April
of 25
dividend
new
_The directors on Dec: 4 declared
Like
(G. E.) Prentice Mfg. Co.—Year-End Dividend—
was
Dec.
$2,788,999
earnings
1
oh
23 to holders of record Dec. 9,
made on Oct. 1, last, compared with 50 cents
the common stock,
on
preceding
1941
maint,)___
20
Dec.
on
1942
—
directors
The
share
and
Philadelphia Suburban Water Co.—Earnings12 Mos. End. Oct. 31—
is-
Raybestos-Manhaltan, Inc.—Earnings—
to
1779. '
p.
a
paid from
the
,
payable
cn
the*
April 15, July 15 and Oct.
final
investment.
this
'
•
reduction for post-war refund of
for post-war contingencies,
Premier Gold Mining Co., Ltd.—1V2-Cent
with
,
distribution
$3
distribution was
previously paid each
per
share
value,
with
payable
new
of
stock
1942 of
record
Radio Co*p. of America—To Pay 20-Cent
reserves
share has been declared
per
for
of
follows:
a
administration
the
of
"
•
1942 the company reported net income
and provision for taxes.- Figures for
30, 1942, showed net of. $283,242 after
Inc.—40-Cent Dividend—
cents
40
value,
par
A. similar
1869.
p.
per
of
dividend
that
excess
,
1244,
p.
in
attention
but
holders
27l/2
156,
par
156,
Pratt & Lambert,
dates.
compared
1941;
1941.—V.
$245,742.—V.
was
Sept.
of
part
no
common
not
and
taxes
without
provision of $37,500
10%.
net
charges
ended
months
three
all
all
after
dividend
on
as
23,
distributions
be
that
purposes
Dec.' 14.'
ended June 30,
year
will
stated
corporation
1942.
the
stock,
Philadelphia Dairy Products Co.—$2 Dividend—
The
a
potassium
$1,400,019
pre¬
earnings of the Fund from interest and dividends:
losses realized from the sale of securities.
In .the-;
stantially all of the
&
in the business of
Sept, 30,
made
were
announcement
their
on
the
difference
It
Capitalization of the company consists of 560,000 authorized shares
capital stock ipar $5i of which 549,734 shares were outstanding on
of
on
cents
cents
record
made,
was
on
of
and
does
to
by
$6
3%
even
present
12.4%.
received
the
designed to pro¬
reasonably steady annual payments and at the
the
their
the
the
represent any new financing and
none of the proceeds from its sale will accrue to the company.
•
The company, which is incorporated under the laws of Colorado, is;
offered
being
final
a
were
profits or
event that current earnings
made
made,
10
be
to
recently
receiving
the
stockholders
to
announce
cash
benificiaries
1612,
Dec.
on
from
reduced
filed
was-entitled -to
reasonably dependable
and
Offered—Boettcher
& Co.
be
irrespective of
its Federal income tax
156, p.
will
•
1941
with
in
will
.
12
trustees
which
from
the- accrual
it
stock-of
portfolio.
and
while
of
15
Dec.
dividend
a
payment
cents
cents
dividend
payable
to
same
25
42
cents
10
$5,
par
addition
payment
a
March
additional
an
previously with
5,
on
declared
Marks
M.
699.
p.
during
facilitate
provided in
provision
the
brief
since
1, voted
Dec.-21
also
time
period
rates
and by> Puget;
whether
common
aniount
Engineers
cents each, and Dec.
trustees
The
12-month
at $27 per share.
stock
The
the
quarterly
stock,
15
ment
at
company
a
12-month period
for
deficiency
America—Stock
of
Co.
(par $5)
Oct.
on
the
on
1942;
accrual
because of
1941,
30,
and Laurence
For
common
record
Mar.
on
and
the
on
of
made
June
15,
of 35
the regular
and
declared
were
class
8.
declared
On
have
the
on
record
share
on
and
The company files
fiscal year basis ending July 31.—-V.
a
on
Potash
1333..
Petroleum & Trading Corp.—Additional Dividend—
V.
the
as
new
was
in
their
2044.
Dec.
on
beneficiaries
tax
A
of
tax,
during and for that period.
share
per
$5, payable Dec, 24 to holders of record
with 20 cents paid on June 20, last, 25 cents
compares
dividend
of
$10,
par
'••'the
$1,609,582
prospecting for, mining, refining and dis¬
salts and potassium
chloride, which are sold
principally to fertilizer manufacturers.
Its mine and refinery., both
of which are located at Carlsbad, New Mexico, are working at capacity.
par
1941, and 20 cents
distributions
of
computed
is
1941
additional
an
June
to
1
Jan.
1942,
30,
Sept.
Revenue
engaged
v
Petroleum Exploration Inc.—Extra Dividend—
An
dividend
per
profits
excess
opinion that it does not have
provision for Federal income tax for the
inclusive
is
of
,
vide
secondary distribution of 65,000 shares of capital stock
Petroleum Corp. of America—15-Cent Dividend—
on
$1,691,063
'
_
increase
to
object
of
Engineers
by
In
Puget"Sound
156, p.
Payments
15,
nature.
tributing
on
for
provision
110
Note—The
p.
Pepsi-Cola Co.—75-Cent Dividend—
dividend
trustees
policy
In
approved
suvplus—
Puget Sound,
Announces New Dividend Policy—
154,000
,
received
contending-that-Engineers
same
ended
held
490,000
be
value.—V*
last.
$1,763,582
$2,181,063
of
percentage
corresponding
stockholders.
tributions of ,.l'5..cents .each
264,500,
call
stock,
50
249,464:'
of
determine ..later
will
the
plan
share, payable
per
2,266,213
2.241,436
1
——
income
Co.
50
'
•A
—
be
may
Purpose
(George) Putnam Fund of Boston—Final Dividend—
191,297'
$4,294,295
—$4,671,963
deductions—:—,.
income
1155.
A
$4,102,998
no
The
$
Mississippi Public Service Co. to
Peoples is to apply the
Gas
the
—
—243,463
long-term debt
on
Sundry
30
Nov.
Sell
To
—
Commission
retiring
transactions
operations.—.
from
(net)
net
Interest
40,417,273 426,953,043 318,051,604
Exchange
of
and
for Insurance
pany
$4,428,500
of
1,487,805
1942—11 Mos.-r-1941
$
Power
&
and
toward
earnings
income
this time is inclined
company
Federal
proceeds
1.477,516
to
common-of
Oct.
1779.
Securities
new
eommon-stock
sold
be
will
which
$60,000,000.
Commission
stockholders
eommon,
927,359
.
>
Mississippi Public Service Co.—
The
ferred
599,693'
;
Of
initial amount of $52,000,000
an
probably
debentures,
of
the
of
a
preferred
The
of
sale
$6
3,149,912
690,283
968,024
taxes —,——.1"
Total
on
24
made
was
49,426,241
Peoples
;
depreciation—:
creation
arguments.
amended
with
3.03%
which
financing
new
Puget Sound
'
share
per
$
p.
-
1941
— -v
3,616,645
———
for
Provision
fProvision for Federal Income tax„
Period End. Nov. 30—
eSales
*—V. 156,
1942
.
$11,180,968 $10,267,767
Maintenance
Other
$2
<■' +
Month
for
dividend
dividend
stock,
common
record
declared
2
last year.-
27,
>•
—
authorize
to
of .debentures.-
the issue of
proposes
bonds,
oral
the
,
Penney Co.—Extra Dividend of $2—
directors
'
revenues—,.
Operation
Net
(J. C.)
The
Co.—Earnings—
Sept. 30—
operating
General
1956.
p.
of
September .30,
on
share each quarter from March,
per
been
15
stockholders
of
meeting
special
Dec.
on
issuance
as
$8,000,000
owns-all
for
.In
v
Electric
well
Sound .itself.•-The
call
Portland General
A
total
which
ended
Sept.; 30,
1942..'
ago.—V. 155, p. 1316.
year
year
the
cancels
Boston
at competitive
sold privately,
the sale of the,
new bonds and new debentures is to provide funds for the redemption;
and
retirement
of
$58,844,500
of
outstanding first and
refunding
mortgage bonds, with call premium of $1,087,591, total $59,972,091,
plus, accrued interest to date of redemption.
'
*
Hearings have been concluded 011 Puget Sound's amended plan of
reorganization
and
briefs
have
been
filed
by the protective - com-'
mittee for " the" $6
preferred stock; " by Engineers Public Service Coy
and
making
$1.50
quarter.
The
mortgage
bidding,
share-
per
Quarterly dividends
which $1.25 per share
year.
it
at
mortgage'as
new
new
com¬
addition
in
held
with the Securities and Exchange'
amendment
an
which
in
been
of reorganization
the
on
,
963.
p.
Mortgage
;..
,
•
preferred
26 to holders of
dividend of $1.50
Dec.
regular quarterly
share
per
of
payable
stock,,
to
$845,017
Earns, per sh. on com..
the
dividend
special
each
the
and
stockholders, with any excess
the common stockholders.
plan will be submitted to Watson B. Adair, as special master,
hearings.—V. 155, p. 606.
^
was
___
Co.—Drops
Light
&
The company is'
actively going ahead with the financing program proposed, in
itsamended plan of reorganization now pending before the Commission.
It
is
understood
that instead of creating
a
new mortgage
which
under Massachusetts law would require the
affirmative vote of twothirds of each class of stockholders,
the company plans to file asupplemental indenture to
its
present principal
Indenture of
1924
which
secures
the
present
first mortgage bonds outstanding.
Such
a
step obviates the necessity of a • stockholder's vote.
V The
company's
financing
program
in
connection
with
its plan1,
a
to
to
to
146,500
of
stock
co.
Net
*For
proposed
The
mon
181,900
pfd.
sub.
reflect
has
Plymouth Cordage Co.—Special Dividend of $2—
(estimated)
on
creditors
to
distributed
co.
inc;
profits
excess
Divs.
trustee,
disct.
(net)
Prov.
reorganization
Heiner,
G.
have
to
the
U. S. District Court
at Pittsburgh that the company be liquidated.He
advised that the company's assets be disposed of over a fiveyear period, with the proceeds distributed to stockholders and creditors,v
Proceeds
of the liquidation in excess of $100,000
would. first be
going
Total
Power
Company has filed
Commission
Pittsburgh Terminal Coal Corp.—Liquidation Proposed
459
interest,
Sound
Plan—Meeting Cancelled—
■
$1,702,665
Operating income
income—rentals,
Other
Monday, December 14, 1942
:
Puget
share
per
2,163,341
35,694
in the
$4,857,512
965,055
last,-the
1,
compared
as
1942—9 Mos.—1941
1942—3 Mos.—1941
period End. Sept. 30—
\
company,
designated
as,
New-Virginia
Operating
Co.,
which
will
.'also
own 1 the
outstanding capital stock, of Massanutten Water;
New
Virginia Operating Company will have a capital structure consisting of
$1,400,000 of 25-year, 4%- first mortgage bonds and 171,062 shares
Of $6-par Value-common stock.. .
..
,
>
,
•
.
.
(2.)
Mercersburg,
situated
in
Company,*structure
gage
Greencastle,
and. Fulton,., all operating companies
consolidated into a new operating
as- NewCumberland-'^Valley
Co.,- the
capital
Pennsylvania,
designated
will
be
.
of:which will consist of $275,000"of25-year, <4%"tirst mort¬
bonds and 10,000 shares .($10 par) - common stock.
■
Volume 156
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4133
i3.) .The $590,000 note of Abington held by Republic will be
;
by
the
of
issuance
Abington,1
of
$590,000
funded
first mortgage bonds of
4%
25-year,
'
■
Rutland RR.—Stockholders Favor
-
•
<4.1
A
new
distributed, by
basis:
Republic
1
holders, on
'
Holders
(a)
-
each
security
its
to
•
'
collateral
of
trust
■
bonds• will
amount thereof:
$1;000 face
the
••
.
receive
•
Act
in
tioned 25-year,
New
for.
instruct, the
road!s
counsel,
Another
mercial
National Bank & Trust Co., New York, will continue
York City transfer agent for said issues.—V. 156, p. 1614.
reorganization
plan was drawn up some months ago by
by Judge James P. Leamy, who has it under con¬
156, p. 2045,
for
Period End. Sept. 30—'
>.
1942—3 Mos.—1941
$1,576,587
revenue
1942—9 Mos.—1941
$1,385,040
$4,899,042
237,196
211,035
611,852
770,452
81,913
107,024
267,590
$1,257,478
16,827
$1,066,981
$4,019,600
20,616
44,094
$3,073,512
57,745
-administration, • etc._i
Taxes
(other than in¬
;
4%' first mortgage bonds in the following percentages:
Virginia Operating Co. (61.71%), Abington (26.05%), and New
Co., (12.14%); and (2) 30 shares each, of common
taxes)
come
Net
_________
no
•.Interest on-funded
■
;
$4,116,651
V.
153. p.
of
-
*'•
;
.
.Sales
.
-
,
—t.
of, sales,
;
admin.
&
/
—
.Net
profit
Dividends
-.:
paid
'♦Shs.
.
Earned
of
Assets—
•
S.
$1.16
$1.76
$0.92
1941
insurance
21,605
18,250
9.314
•
.
a.
11,588
1,503,137
20,231
buildings/ machinery and equipment-___
Patents, goodwill and development————L
Deferred -charges
—1-
■
.*■.
V,
5,742
—
$290,000
i
229,975
•
186,807.
.41,402'
2,773-'
r. >
593
,
-
Total;:'/—
16?,-788
80
cents
■
'
■
,
i
(R. Jt) Reynolds Tobacco
f
A
year-end
dividend
an4
common
of
15
'965*939
1,087,284'
common: B
'
per
stocks,
record-Dee-;'11.'Distributions
•
share1
-
Dec:
19.
share,
,
of .35 /cents,
been
in
.,RMterCo.;;.Lie.—Extra.:Dividendr--'
•i
An
exfra
cents
10
been
declared
the
V
,
on
)
Dec:
on
4^ declared
• a -
(No.
dividend
Prov.
none
since.—V.
156,
p.
'Months -Endedv Sept/-30—
lOperating revenues *
Operation
-
,•
taxes
(Federal
income
excess
'r
•
'
•
profits-taxes—
operating"in0ome_-./—
Utility,
cents
per
share
were
:■
^Includes
Grojss
.
income
Gross
income.
accruals-^™—
i
1940
in hanks
294,790
Net
-
V.,
income.■_
..--.,85,904
—
Z—
—
.
$57,804-,
.93,968.
$48,805
156,/p, 869.
344,901
dividend,, of -25,. cents .per. .-share,has been declared, on, the-capital
;par- $2.50, .payable Qec; ,15 to holders of. record, Dec.;. 1Q.
DisZ
of 15. cents each, were .made on April 8,. July 10, Oct,. 15 and
Dec. 30, last year; none; since.—V. 148, p. 1975..
j,
A.
slock!
1 vibutions,
credit
Total
$266,963
Federal
31
1942
Government
securlties-™^^^*,^-^
1941
$19,823,383 $20,039,887
1
1
6,919,893
124.947
10.306,591
12,704,905
21,244,889
!™—.—
3,273,940
3,718,776
432,723
530,112
r-,--—
1,007,241
849,726
j.
—
—,4——-
Liabilities—
1
Accounts
$71,183,645 $66,008,188
'/.
!
stock
Common
z.
$11,238,900 $11,733,900
§15,973,173
15,973,175
accounts™.-^^™.
5,217,163
5,906,105
dividends payable.
Deposits, officers and employees_i_^.™™x_---.
Notes payable to bank.^*.—
140,486
694,449
673,066
payable and
trade
Preferred
Accrued' accounts
Federal taxes
on
146,674
434,332
639,350
497,407
'311,963
6,388.035
—
income (estimated)
Reserve for insurance, contingencies, etc.—-—.
Earned surplus
■
———...—
3,262,215
750,917
730,211
29,643,764
26,836,546
$165,463
$173,320
$173,110
21,333
87,931
$1.04
**150,000
.
$224,481
,
.25,382
111,788
$0.90
$1.00
1
1941 for
Sept. 80,
Sheet,
excess
and
on
hand
Silver King. Coalition Mines Co.—Resumes Dividend—
A
dividend of 10 cents per share has been declared on the capital
stock, payable Jan. 2 to holders of record Dec, 15,
Distributions of
like amount were made on April 1, July 1, Oct. 1 and Dec, 23, 1941;
The
automotive
fund
deposit—
on
20,994
,
life of officer™
7,144
21,947
603
;
,
-
*
Bank of St. Louis,, trustee, St. Louis,
Boatmen's National
Mo.,
p.
2190.
(A. O.) Smith Corp.—50-Cent Dividend—
5,681,648
,.
1958,
will, up to the close of business Dec. 20, receive tenders for the sale
it of first mortgage income bonds dated Jan. 1, 1935, at prices less
than par and interest to exhaust as nearly as possible the funds
available in the sinking fund, which amount, it is estimated, will b»
$2,700.—V. 155,
.i.-™——
p.
to
profits tax. "
replace, materials-—
156,
Skinker Boulevard Corp.—Tenders—
625
$1,235,094
i-,
™——
automobiles, -etc,^„
gince.-—V.
none
1942
u._—
for
depreciation.
tLess reserves.
JRepresented by
112,389 shares in 1942 of series AAA 5%
preferred stock, $100 par.
Outstanding, 638,927. shares
resei-ves
shares in 1941 and
cumulative
41,891
24,057
113,663
$1.17 "
$71,183,645 $66,008,188
*Less
117,339
$215,001
♦101,500
$224,854
51,534
interest,-insurance, etc,
and
fixtures—
A dividend of 50 cents per share has been declared on the common
stock, payable Dec. 22 to holders of record Dec. 18.
Similar distribu¬
tions were made on June 20, last, and on Nov. 1, 1941, the first since
Dec, 21,1 1940, when 50 cents was paid,—V.
155/ p. 2372.
.
(T. L.) Smith Co.—20-Cent Common Dividend—
24,291
■—/'
—$7,042,833 '
payable
Dividends,
—:
income and
excess
etc
27,831
149,883
-
u
participating loss reserves
for
income
10-year 4l/2%
—V.
156, p.
&
Platinum Co,
(&
Subs.)—•
9 Mos. End. Sept. 30—
'
1942
1941
1940
1939
$208,394
$515,549
$276,226
$320,120
715,500
tEarnings per share—
$0.12
$0.29
$0.16
$0.18
♦After depreciation, estimated depletion, estimated United States and
Colombian income taxes and minority interests.
fOn 1,760,000 shares
717,900
capital stock
—"
624,204
42,435
.
-
—
1870.
Gold
♦Net
297,513
income
Note—The
months
-was
$7,042,833
ended
based
on
—
(par $1).
provision for United States income taxes. for the six
June 30, 1942, as stated in the report for that period
the rate in the proposed Revenue Act as passed by the
Representatives and was approximately $18,400 more than
required by the Revenue Act as passed. The adjustment for this
excess reserve has been included in the present report.—V. 156, p. 965.
House
Total
American
264,966
276,784
—
conv.
cumulative
Earned surplus
South
Earnings—
100,000
losses
deb.,, due Jan. 1, 1950
preferred stock (par $25)
Common stocfir. (par $4)
Paid-in surplus
:
on
51,640
-
profits taxes
Dealers'
credit
34,177
—
payable for insurance/etc
Accrued interest, miscellaneous taxes,
Deferred
company
$3,740,000
payable
Accounts
Federal
.
Oct. 15 paid a dividend of 20 cents per share on
commop stock, no par value, to holders of record the same date.
This compares with $1 paid on Dec. 1, last year, and an initial of
25 cents on June 10, 1941.—V. 152, p. 3827.
The
the
Liabilities-
.
adjustment of
Sheet, Aug.
$ Preferred, stock
.
307,445
-
.
1942
Consolidated Balance
S,
18,144
6'/
Royal China,, Inc.—Resumes Dividend—
in
Total
,■
.
$142,775
...
$9,388
32,969
Drl2,904
.
.
and
equipment™^™-™—:—™™™™_.
trade marks™—
Deferred charges
253,481
404,176
Reserve
[lpterest.deduction
1941
provision for prior years.
($25 pal*).—V. 156, p. 438.
665,594
.
Balance
receivable
.Furniture
53,572
654,758
1,597,318
630,007
1,916,781
25,091,081
1939
Prepaid
$196,347
$143,709
:
605,258.
2,395,976
fNotes, accounts and acceptances receivable-—.
$775,926
$38,000 in-1942. $24,200 in
Repossessed
$209,250
55,178
.
in
tax
Investments
»
Debenture discount and expense in process of amortization
12,567
$198,887
—^
580,507
1,916,781
10,673,732 :
U,
Assets—
Cash
Notes
.Retirement .reserve
$7,414
Patents,
.
$864,544
,per-sh.: com, stk.
Sinking
40,097
'
24,750
Assets—
1942—10 Mos.- -1941
$986,762
315,623
Cash surrender value, of insurance
29,355
Dr3,788 '
.
24,750
♦Plant and
made
$1,440,030
399,964
.
Accounts •receivable-and
$532,441'
241,171
$202,675
(net)——.-I-———
24,750
$32,141,052 $29,837,780 $26,798,133 $24,246,212
4.65
'
Other tncorne*
24,750
fpr redemption
♦Includes $858,670 In 1941 and $3,338,590 in 1942 excess profits taxes
9 Months Ended Sept. 30——
42,384
•
1941 v
44,056
/:™/-/—
.
•
42,645,
•
—
and
•
' $555,961
230,992
35,593
Maintenance
General
■-1942
447,334
1,071,245
$4,463,992
19,806,970
paid on pref. stock
Stock
and
11.37
$374,481
-
-
1
/
608,611
1,036,472
$4,828,746
21,994,137
Surplus, Aug. 31™™„ $29,693,764 $26,836,546 $24,251,345 $21,994,137
com. stock outstdg.
(par $25)
638,927
638,927
638,927
638,927
Earns, per sh. on com.
$7.43
$7.83
$6.57
$5.96
%
1942
—-
1941
.116,858
-
j."
..
•
income—
Commom dividends™-—
,
*:. ■' 7 ■ ■■•/
Divs.
88,962,972 741,304,551 787,016,082
Sept. 30, '42
Preferred. dividends™—
Nov':2---;:/
-
Roanoke Gas Co.—Earnings—
12
50
12 Mos. End.
•
'
2 f of ,;,60 cents
85.
?
•
for Federal taxes.
Earns.
Notes
y,,
X-
"
.Net income
.'per share - en'the ^common ^stock, payable .Dec. 21* to holders of record
Dec. 11. - An initial distribution of like amount was made on July 20/
last;
called
interest
disct.,
.
;! Profit
istbcfe,
.
The! directors
624,791
*3,213,186
$5,611,185
24,251,345
689,584
a
of
85,009,852
Direct, income charges,
-General oper. expenses-
sh.are-y-was made on Dec.- 24, 1937.-/-V. 156/p. 1780,.
■•:/Rlversl4e-,MetW'Co^"J Riverside; :N;; J.—Div./
*
'
/•///.
Earned
payable Dec. 28' to holder's of record Dec. .18.*
Distributions of
per share-were made on Apr, 1, July l and Oct. 1, last, and
July ,ly Oct. Jv Decl :16 and Dec. 29,"1941/: The previous payment—
talso'23 .cents per,
6,132,702
$5,329,256
26,836,546
etc,„,
,™™™™-
™_™™™.,
2045.
p,
cents
25
accts.,
.
1 |<j Oct. 7,
1942- -Month—1941
•;
156,
Period—.
.
/both
'
1,015,221
46,663
Balance
,
& insurance
common
$7,044,456
1,027,830
40,591
Total
..
on
$7,542,250
1,660,864
60,104
1,383,000
81,399
.
,Shs.
-Securities, Acceptance Corp,—Earnings—
;
per
•«..
48,517
Surp. at begin, of period
Premium on pref. stock
the
on
dividend >ofx 25 cents rper share and the usual quarterly
of/like-amount' have
dividend
V.
against ,50 cents pe'r
as
against
Sears, Roebuck & Co.- -November Sales Higher-
Dec.
preceding quarters.
A year-end dividend of
.share was also paid on Dec. 26, 1941.—V. 156, p; 1334,
;
declared
1939
$6,995,939
57,028
1941
perm,
Net profit
7,
Distributions
Period End. Nov. 30—
26 to '• holders • of
"each were piade. on tHesp
issues/on May ."15/ Aug;-15 and -Nov./IG^ last,
or
special year-en ddividend of
capital; stock, payable Dec. 26 to holders'
the
on
.
31
Aug.
1940
depreciation™
doubtful
t-.
-
has
share
payable
;
declared
9
Ended
$7,485,222
expense
Federal taxes
——T—$1,741,15^
ton__
of Oct.
Dec.
Years
assets sold
scrapped, prov. for
on
Ltd.—Earnings—
,
Co.—Year-End Dividend—
cents
Loss
Surety Co.—Special Year-End Dividend—
Sales
/the
Interest
.May. 15 -and Nov; 16, last.
Payments during 1941 were as follows: May 15 and Nov. 15, 50
cents each; ..and,.Dec. 27; a special year-end of 70 cents.—V. 156,
p, 1510.
•
'
-v
•• '
-
"
returns
tax
Production for Period, Jan.
on
156, p. 1421.
$13,615,940 $11,170,130
-
Total income
Prov. for
on
$3,807,052: $3,311,951
v;
♦After reserve of $13,162 in 1942 and $13,222 in 1941.... fRepresented
,:Uy 290,GOO.shares, pars $1,-. after- deducting 7,132-shares in treasury.
;
per
ofvrecord
10,000
324,914
——_-
v
Other income
an
(10 periods)—_—
directors
Account,
1942
.
as
Vice-President,
He will also
all financial matters.
Philip
a
$13,394,293 $11,083,577
221,648
86,553
..Other assets
The
1,324,519
..
—
Income
Missouri
milled,. 153,094—per
Seaboard
payable
(Earned - surplus
Income
Cousolidated
Trading profit
1942, totaled $1,299,484, including
cash on hand and in bank of $626,472, as against current liabilities
Of $305,341, leaving a net working capital of $994,143.—V. 156, p. 1334.
647
•
Crowley has been elected
Secretary in charge of
Sherwin-Williams Co., Cleveland—Earnings-
Aug. 31—
Note—Current assets
49,597
.
(banks) ————- V 250,000
Reserve for contingencies
264,248
Workmen's compensation claims^™-—10,000
:Prov; for Federal inc. and excess profits taxes167,000
Liability for war bond purchases-———it-"-—
■
9,314
•Capital'surplus w*—
i-i—T :
965,939
as
Walter Koebig succeeds.Mr. prqwley as -Comptroller,—V.
'..Cost per.ton, (exclusive of income taxes and depreciation)^
$290,000
—ly;.
—;
their
on
payable by them in
Gold ,production
.
1,050
—-I/.——i.:
1™,—„™_™™_.™™../——-
tax
Statement of
$3,311,951
1 to holders of record
.
income
■•
.
creditr
a ;
—
42,388
'
both payable Jan.
,
San Antonio Gold Mines,
96,040
—
Accrued mold charges..
who
Tons
-
E.
continue
$3,706,661
$4,438,828
437.
p.
1,495,823
$3,807,052
—-X'
—
•
fCommon stock..—J—,——:'
V.156, p. J694.
$3,706,661
156,
1942—Month—1941
1942—8 Mos.—1941
•♦Net; income
$147,677
$5,866
$1,020,220
t$63,727
♦After Federal taxes, depreciation, first mortgage bond interest and
income bond interest.
tLoss.—V. 156, p. 2045.
10,714
'Accounts:; pay able.^'/—ii.i.^—x_^^^^-.-—i,vi_^-—'/*'-':';318,480.
Accrued :inL,; wages,' • salaries, taxes* insur., etc.
161,733
Notes
$4,438,828
profit.—V.
further advised by Counsel that stockholders of the com¬
make income tax returns to the State of Missouri may
are
Period End.
/ 11,588
.
the usual quarterly dividends of 62 cents
the $2.50 prior preference stock and $1.25 per share on
on
Sheffield Farms Co., Inc.—New Vice-President—
'
1
—i™/
(Unclaimed dividends
472,500
St. Louis Public Service Co.—Earnings—
•
4,401
-
share
DiVS. paid on com.
852,35.4
—
.Land,
:
•.
-
3,376
.845,932
officers™™.—
•_
206,256
525,000
569,665
policy™
Mortgage, note receivable—
payable
206,256
—/
amount obtained by multiplying
the rate of Missouri State tax on corporate income (2%) by 25.18%
•of
the dividends received by them from the St. Joseph Lead Co.
in 1942."—V. 156, p. 700.
80,000
—
'Payroll' taxes
68,752
157,500
Missouri
•
$221,025
,
•
purchases.-;—
•Taxes'
'
"700,282
»•
68,752
210,000
dividends
franchise tax to that* state.
/"We
\
pany
take
1942
.
—
a,
290,000
Sept. 30
•
■
■..
l
-
Sheet,
managers, etc.
„
3,717,295
290,000
Balance
1928.
$4,385,417
290,000
$2.77
™__
Liabilities—
3,978,700
$5,170,084
property with respect to their stock in St. Joseph Lead Co, by reason
of the fact that the company is registered in Pennsylvania and pays
salesmen & branch plant
TOtSl
3,720,538
$3,932,913
$265,905
Advs. to
'
4,362,110
$4,717,580
$509,981
•Special fund for /employee bond
;
——_—
income——
I. .Brigden, in a notice to the stockholders, on Dec, 10 stated:
"The; 1942 dividend distributions were paid entirely out of surplus
earnings, of the company, accumulated after Feb. 28, 1913, and we
are advised
by counsel that such distributions ■ are therefore dividends
subject to Federal income tax.
■
"Counsel lalso advise that in their opinion residents of the State of
138,489
.
since
Seton Leather Co.—60-Cent Common Dividend—
Pennsylvania who
■
class
A dividend of 60 cents per share has been declared on the common
stock, payable Dec. 22 to holders of record Dec. 15.
This is the only
•payment,this year.
During 1941, the following disbursements were
made: Aug. 1( 50 cents; and Dec. 22, 35 cents,—V, 154, p. 1496.
St. Joseph Lead Co.—Dividend Subject to Taxes—
72,500
,
the
6eorge
;
28,518
of 50 cents per share on the common stock, no par
dividend of 84 cents per share on the 5% non-cumulative
stock, par $100, both payable Jan. l to holders
640,911
$668,122
$731,385
•'Inventories-.
™__:
'Sundry "notes receivable, etc.-——„
v
1,078,386
$1,191,384
$337,236"
•Cash surrender value of life
from
period
a
class A preferred stock,
Dec. 10.—V. 156, p. 262.
begin.
surplus,
f
197,251
$212,375
are holders of this company's stock, are not subject
either to the 4-mills county tax or to the 4-mills State tax on personal
290,000.
advertising,
record
per
the
23,858
$355,470
♦Includes, unrealized
.
119,500
Treasury notes, tax series B, 1943.—
'Due
549,605
$265,905
.
.'♦Accounts'- receivable
545,765
301,446
Surplus, /Sept.- 30
■
40,227
119,655
and
preferred
Robert
.128,769
$595,547
7J.
183,980
$509,981
cap.
-
180,920
profits taxes—
Common
$601,908
16,825
sales
The directors also declared
and
income
B
issue
♦49,962
Preferred' dividends
.
64,465
of
Dec. 10,
An initial payment of $1.04 per share was made
B preferred stock on Jan.
15, last; none since.
The
dividend on the common stock was 25 cents per share! also
paid on Jan. 15 of this year, which was the first disbursement on this
132,432
,
$803,885
—
"
35,861
$337,236
Z
-
132,432
*87,576
165,500
stk. ..outstdg.
Earnings per share™—
* Shares of $1 par.-
-
44,144
42,705
150,120
•'
174,794
"
; ,
172,835
Cr3,259
—
Surplus
.
44,144
Cr55,888
(net)—'
income
of
on
.
..
Other
$995,926-
4,084
204
and
Net income
4,673,883 / 5,136,046
$1,387,670
85,210
$738,595
" '84,428
3/218
Federal taxes. —,151,575
Excess prof, taxes (est.) •
85,425
'Real est. personal prop' ■
erty taxes, etc.—.
134.601
'
-il
—
charge
previous
depreciation—,
for
excess-
•
Total
Ended
7,139,086
5,134,175
gen'l exps,„
—
Interest
for
.Proy.
$8,5226,756 :. $5,669,809, $5,737,953
.
'
Operating- profit
Depreciation
notes
dividend
class
'
Ended
in
563.
value, and
$3,131,257
1,090,021
215
•
Sept. 3.0,*42 Sept;. 30/41 Sept, 30,'40 Dec. 31/39
;'$5,892,770
selling,'".
.
'Cost
bonds;
Prov.
12 Months
Year-Ended——
•
.
...
$4,063,694
1,055,793
Prem. on bonds retired-
'
9 Months
..
$1,087,597
362,271
349,620
Loss
...
,.
*
—
preferred shares
on
exchange™_™
not
exceeding * six months after: the 'date fixed for 1 distribution ■ -of the
common stock of New Virginia Operating' Co. and New. Pennsylvania
Holding. Co., meetings of the holders of the common stock of. the two
corporations will be called for the purpose of electing directors. Pend¬
ing the aforesaid elections, the present directors of the Virginia sub¬
sidiaries, of Republic shall be the directors of New Virginia Operating
Co., and the present• directors of Republic shall be the directors-of
New Pennsylvania poldihg;Co.—V. 156, p. 1870.
..
<
Vice-President
Seiberling Rubber Co.—50-Cent Common Dividend—
A
Amort.-of'-exp. of issues
•'
Reynolds Spring Co.-~Earnings—
$1,274,305
debt
Other -interest
Within such, time <as may be prescribed by the Commission,
(7;)
—./
income—--I
Gross
i
,
solved.
™J—'
Other' income
Pennsylvania Holding Co:' . :
that there is no equity for the common' stock
provision is therefore made for its participation;
,
(6..I.Upon the completion of the prior steps, Republic will be dis¬
/
profit
.
The plan states
<c)
Gifford,
272,687
•
'
New
and
C.
Calif., have also been elected directors.
Mr, Gifford has also bean named President and director of Schick
Service, inc., operating 37 service stations in principal cities through¬
out the United States and Canada,
Schick, Inc„ the pioneer manufacturer of electric shavers, has been
for some time devoted to the production of precision war materials.-r-
/Operation,maintenance,
of New Virginia .Operating, Co.
and New Pennsylvania Hold¬
ing .Co.
'
'
■ .
'
(b) Holders of preferred stock will receivein exchange for each
.share 2 shares each of common Stock of New Virginia Operating Co.
,and
New
been elected President and General Manager, and a director.
Wallace Clark of Washington, D. C.. and Paul E. Holden of Palo Alto,
stock,
'
as
Schick, Inc.—New President, etc.—
K,
(And Fully Owned Subsidiaries Except Saguenay Electric Co,)
Operating
.
J.,
receivership since May, 1938.
Saguenay Power Co., Ltd.—Earnings—
,
.
N.
has
Cumberland.' Valley
,
Agent—
National
Bank of Jersey City, 1 Exchange Place, Jersey
has been appointed as co-transfer agent for the $5.50
dividend prior stock, convertible stock and common stock.
The Com¬
City,
Warren
to bring
experts appointed
>•
exchange
to
The, First
reorganization.
sideration.—V.
$500 either ink cash :or in equal;,face amount of the above men¬
il)
directors
The road has been, in
following
,
the
Selected Industries Inc.—Transfer
Revamping—
1 voted to authorize the executive
on Dec.
R. Austin, Jr., of Burlington, to petition the Federal Court
J;he company under provisions of Section 77 of the National Bankruptcy
,
be
of
committee
holding company 'Will be incorporated in Pennsylvania,'
(designated as: New Pennsylvania Holding Company, which will own ■
sthe capital stocks of New Cumberland1 Valley Co. and the remaining
.Pennsylvania subsidiaries of Republic
(namely, Abington, Brockway,
Mauch
Chunk, • Renovo Edison,
Renovo
Heating, Lehigh Ice, and
Susquehanna Ice)
and will have .a capital structure, consisting of
171,062 shares of $6 par value common stock. The plan contemplates,
.that, New Pennsylvania Holding Company will be: subject to exemption
.from;-the. Act as provided: in Section 3(a) (1) - of the. Act.,
5. The new securities referred to in steps 1 through 4 above,will
•
Stockholders of the road
■
.
'
2139
now
of
>.i 1t
i-l^.-tf /t,, ». i.)h.
LfI
*'
<? *tr 11
h.uJ.Jr^wf^V'W^
,».j I
_
1941
from
refinancing
$505,158
332,112
$507,574
320,539
1941
and
$173,046
$187,036
199,231
Operating revenues ____
Operating expenses and taxes
Net
—
earnings
1
-
-——~
203,950
deductions
Income
loss
Electric
stock
preferred
long
$750,000;
par),
$2,994,112 *$2,711,927 *$2,419,956
263,878
237,403
150,544
33,669
$3,082,186
revenue
revenue—
Burke
Traffic.
for
1940
31,308
Purchased power
-
Maintenance
Bad
714,086
221,547
*473,280
209,198
1,800
3,600
Hale
traffic
Interest
274,596
285,666
department.
They
Central District,
Traffic;
in
Surp.
Pfd.
$1,110,526 *$1,090,269 *$1,061,352
t473,868
438,625
403,289
tral
divs.
425,334
320,000
20,000
335,440
425,334
319,977
309,513
280,878
$662,689
$483,620
*$474,070
*$438,625
425,334
paid—
Employees' pens, fund—,
Transf.
to
425,334
319,804
320,000
20,000
362,125
paid—
divs.
Common
deprec.
res._
■
and
—
*Adjusted.
(Surplus of discontinued subsidiary eliminated.
■
Southern
South Carolina Power Co.—Earnings—
Gross
General
Federal
220,416
37,600
2,684,704
464,184
46,875
625,826
income
67,191
17,312{
|
199,952
195,975
617,495
-103,342
taxes--)
profits
taxes
j
Investment
Cash
hand
on
Mexico
western
shares
and
$118,157
'
54,650
_!
'
$82,384
53,374
book
at
advances
incl.
maintenance
accrued
&
deducts.
other
$63,507
pfd.
on
stk._
14,286
■
'
$439,209
171,438
$529,065
171,438
$29,009
14,286
income
Net
Dividends
'
securities
and
accruals
Note—The
the
scribed
in
1942
the
income
Federal
for
ended Oct,
10 months
31,
1942,
profits
excess
taxes
Total
for
substantially at the rates pre¬
156, p. 1781.
Penn
Co.—To
Oil
Funded
directors
share
in
share
on
adidtion
the
record
of
share;
of
payable
for taxes—
On
Nov.
the
on
and
$1,
on
dividend
Dec.
15,
Dec.
of $1.25
1939,
per
extra
an
declared
9
an
an
same
■follows:
Declaration
early
this
f.o.b.,
of
the
the
year
same
also
V.
follows
Republic
the
156,
Cuban
1942
output
sugar
sugar
which
was
7,088,900
Minority shareholders' interest in sub. company
for depreciation
—
455
2,259,067
Reserve
.
West
dividend
A
of
per
share has been declared
Southeastern Greyhound Lines
Passenger
on
*As
Express
Other
Total
Oper.
Operating
Prov.
the common
Oper.
taxes
&
income
Net
Divs.
Other income
$2,414,904
$11,937,957
$6,108,305
1,220,890
5,755.897
128.811
722,535
3.247,228
404.852
licenses-
389,022
290,277
1,258,805
781,709
Operating
Uncoil,
139,361
109,247
460,398
199,653
$1,594,968
$665,679
$3,740,323
long-term
on
Federal
Fed.
483
247
2,444
$665,926
$3,742,766
Federal
Net
Net
270,364
26,310
144,445
34.170
2,336,754
144,020
261,935
292,404
10,562
36,182
$336,876
$347,529
taxes....
'
____
refund
income
Earns,
20,955
$934,491
Cr224,693
Crl09.621
operations
acquired
V.
64,750
y
V
______
$347,529
$i;i59,184
$805,184
$1.29
$4.26
$3.80
acquired
on
Dec.
31,
1941.
fl0%
of
(Does not include
excess profits tax.—
701.
156,
p.
on
Dec.
31,
1941.
Southern California Edison Co., Ltd.—Earnings—
Period End. Sept. 30—
Total
oper.
revenue.—
Production
Commercial
Admin.
Taxes
&
for
Rent, for
$13,438,999
1,210,274
298,245
194,530
956,608
783,439
624,489
525,357
2,620,013
2,556.959
662,978
682.921
2,634,279
2,717,714
747,678
774,940
2,538,875
2,402,029
__
expense
gen.
expense,
than
813,452
1942—12 Mos.—1941
3,418.461
2,962,979
Fed.
taxes\
1,576,481
1,566.433
6.362,130
6,041,346
2,427,673
2,217.435
8,624,577
7,912,605
___
75,010
59,313
298,915
277,611
revenue,.,__
$7,090,342
$6,604,619
depreciation__
lease
of
Net
Net
non-oper.
Net
148,258
revenue.
earnings
&
amort,
discount
Normal
$7,238,600
of
.
tax
138,554
525,600
1.118,034
profits
*Prov.
in
lieu
Net
Net
1,279.893
1,192.937
266,067
1,354,998
3,091,000
taxes.
Cr400,500
4,878,791
5,849,790
6,125,344
1,858,987
3,091,000
610,612
317,684
Net
income
Preferred
$3,002,141
Remainder
-tEams/ per
com.
$10,929,085
$12,398,363
1,256.288
5,063,635
5.063,572
* 1,193,485
1,193,523
5,568,836
$1,134,815
$296,614
first
to
$225,971
$259,279
$0.73
$1.84
$2.30
provision
3,993,786 *16,469,056
3,892,500
15,570,000
16.946.464
*899,056
1,376.464
and
profits
excess
in
3,500
1,540,632
$6,988,943
3,714,301
$654,085
301,653
$702,873
128,800.
months
under
taxes
of
include
credit
post-war
additional
nine
$352,432 *$3,274,642
253,095
2,214,212
$220,654
—
less
which
to
year.—V.
Taxes
Revenue
156,
$3,506,494
2,540,928
$364,804 representing
Act of 1942 applicable
1781.
p.
installments
annual
in
mature
1948 maturities
of
issued
are
issuance
represent
Commerce
last
2.53'c
on
the
with
highest
99,297
was
cost
of
2 Vis.
on
The
against
cost approximately $5,350,394,
the cost of the equipment.
to
of
75'/«
is
plan
subject
approval
to
of
Interstate
Dec.
9
for
99.091
is
the
five
first
equivalent
to
(Inc.)
maturities as 2s
Hall & Co,
Harris,
to
an
and
and
interest cost of about
of
2.64Vr.
bid
bid,
for
made
all
by
the
Salomon
Halsey,
bonds
Bros.
&
as
Stuart
2 Vis,
Hutzler
& Co., Inc., and
equivalent to an
and
associates
were
interest cost of about 2.66'!<,
while the First Boston Corp. syndicate bid 99.166 for 2 Vis, or approxi¬
mately the same interest cost as the third bid.
a
1942—12 Mos.- -1941
1942—3 Mos.—1941
$2,427,712
$9,241,064
$8,399,693
1,071,992
4,389,106
4,305.604
229,520
214.855
878,442
779.552
taxes__
315,440
299,082
1,049,689
699,376
profs, tax
118,594
•„
___
'
Income
exc.
295,835
of inc.
lieu
income
80,523
229,742
243,251
$645,678
operating, income
Other
62,888
$761,258
$2,398,251
$2,371,909
v
prof. taxes_„
excess
Dr240
infct)____
10,490
Drl0,505^
Dr 391
,
Gross
Int.
_______
$645,438
$760,957
$2,387,746
$2,382,399
deductions
211,750
227,903
823,074
907,632
$433,688
$533,054
51,558.671
$1,474,767
93,750
93,750
375,000
375,000
$439,304
$1,183,671
$99,767
income
other
&
income
stock
___
dividends__
$339,938
Balance
■
Federal
*1942
amounts
equivalent
would
which
in
debt
and
for
par
with
Jan.
of
$3
per
1942.
taxes have been computed
tThese- charges represent
and excess profits taxes
current earnings if the company
of deductions for discount,
income
on
purposes
from
have been
amounts
Such
the refinancing of: long-term
credited to unamortized debt
156, p. 966.
expense.—V.
dividend
tax
resulting
expense
1940.
discount
payable
benefit
the
and
premium
profits
excess
additional
to
been
have
had
not
and
income
with the Revenue Act of
(Georgia)—To Pay $3 Dividend—
share has been
declared on the capital stock,
$100, payable Dec. 15 to holders of record Dec.; 1.
This compares
$2 paid on Julv 1,
last, and $2.50 on Jan. 2, 1942, and on
2 and July 1, 1941.—V. 155, p. 2463.
Spencer Kellogg & Sons,, Inc.—Earnings—
Years Ended—..
Net
,
Aug. 29. '42
Total
Aug. 3t.'40
$40,454,091
$35,823,929
1,682,711
1,924.793
1,628,476
;_$60,936,100 $42,378,884 $37,452,405
—
incl. cost of steamship
Cost of sales,
48,920,470
34,555,633
31,600,716
$12,015,630
$7,823,251
5.122.3,39
4.468.844
506,105
$5,851,689
3,656.602
497,688
operations-
elevator
and
Aug. 30.'41
$59.2,53,390
sales
Steamship and elevator revenue____
profit
Gross
in
to
adv.
&
charged
459,305
foreign subsid.
off
mill
Idle
exnenses
depreciation^
for
Provision
J
—_
admin,
&
Selling
,
1,339,337
—-
expenses
Provision
for
Interest
contingencies
;
for
Federal
51,500
______
______
51.724
'60 285
923.599
tax
677.671
*2,232,569
tax__
income
Federal excess profits
for
.—;—
49 238
53,000
400.000
69,200
129.640.
charged off
paid
Provision
Prov.
,
38.380
51.500
for bad debts
Provision
Foreign property
______
-
/
This
p.
S09;785
224,825
1
road.
second'
interest
bid
a
as
than
more
certificates
awarded
was
five
to
The
not
the
Commission.
issue
associates
of
Philadelphia
the
under
burning locomotives estimated
will
The
156.
Electric Co.- -Earnings—
&
1,095,043
I
Invest,
certificates
applicable.—V.
items
distributed to
1958.
been
carry a
turity.
oil
are
they
South Western RR.
2% coupon and are of¬
fered at prices to yield from 1.15% to 2.15%'; the 19491953 maturities carry a 2Vz% coupon and are. offered
at prices to yield from 2.40% to 2.75% according to mar
22
have
$2,467,163
revenue
tCharges in
Net
$6,563,629
3,057,135
$395,000 each Jan. 1, 1944 to 1953. both inclusive.
1944 to
major retroactive
other
encountered,
Gas
expenses
-
*Federal
A
certificates
and
tax
when
accounts,
Period End. Sept. 30—
Operating
Operating
Fref.
Co.—Equipment Trusts Offered—An
issue of $3,950,000 equip, trust certificates Series U was
offered Dec. 10 by Harris, Hall & Co. (Inc.), Alex. Brown
& Sons, E. H. Rollins & Sons Inc., Tucker, Anthony &
Co., Graham, Parsons & Co., The Illinois Co. of Chicago,
The Wisconsin Co., A. G. Becker & Co., Inc., Bacon,
Whipple & Co., Kebbon, McCormick & Co. and Blair,
Bonner & Company,
The
1941
and
at
report
this
in
shown
1940
the
periods
periods ending Sept. 30,
and
1942—10 Mos.—1941
$1,986,186 $21,448,807 $18,981,199
3,000
22,500
41,500
1,329,101
14,437,364
12,376,070
$2,247,005
income__„
15.570,000
taxes
Co.—Earnings—
1942—Month—1941
___
101,286
*378,593
for
taxes
Southwestern
1942 are
Southern Pacific
$1,765,738
$0.55
share
for Federal taxes on income for 1942 was revised
downward at the close of the quarter ended Sept. 30 on the basis of
tax legislation pending at Oct.
15, 1942.
This adjustment resulted in
"The
3.086,299
130,181
Income
31,
482,219
taxes
for
provision
5,569,053
$552,360
____
$3,584,626
1,256.296
dividends
dividends
Oct.
revenues-
oper.
third
Common
412,296
42,568
$11,084.
Federal
for
revenue—;
income
associates,
3,311,396
20.032.763
3,367,921
__
Note—Certain
&
taxes:
*Federal
the
surtax
tax
of
$6,743,174 $25,341,904 $23,418,535
debt
_______
and
Excess
412,296
10,848
ended
expenses
oper.
The
Int.
34,358
34,358
revenues—
oper.
These
$24,816,305 $22,300,501
19,836,977
794,512
3,892,500
accounts
included
pre¬
months
ten
and
Net oper,
the
had
oper.
property—Vernon
4,788,298
885,201
*4,271,093
in accordance
$52,270,163 $47,955,184
___
expense
(other
income
Prov.
1942—3 Mos.—1941
$14,713,170
'
expense._
expense
Transmission
Distribution
$801,755
$805,184
$446,496
share..
operations
$680,835
$56,291
Southern New England Telephone
24,391
$1.68
_________
com.
per
■^Includes
.
7,764
121,458
13,839
tax_.
___
tPost-war
!
5,152
86,025
1,096,208
oblig.
surtax
income
State
385,636
$1,474,975
tax__.^
profits
$1,187,391
298,426
$42,373
Period End. Oct, 31—
112
$1,595,450
57,350
normal
excess
$979,261
31,818
substantially at the rates
prescribed in the 1942 Revenue Act without reduction for post-war
credit on account of excess profits taxes.—V. 156, p. 1781.
the
for
Operating
Int.
$88,108
18,126
$1,474,863
_______
5,156,294
_______
__i,
Federal
the
242,879
expense,
accruals
Note—The
206,321
______
738,376
_________$8,015
Balance
1,662,077
income
Gross
of
stock
$3,991,748
revenue..,.
Drl94,137
452,555
55,604
stock
pfd.
on
ferred
Operating
oper.
20,226,900
102,624
1942, have been included
rates imoosed by the
Revenue Act of 1941, then in effect.
The 1942 Revenue Act, approved
Oct.
21,
1942,
increases these taxes by approximately $663,900 for
the three-months' period ending Sept, 30, 1942, and by approximately
$1,879,500 for the 12-months' period ending Sept. 30,
1942.
These
increases
take
credit
for
the
related
post-war
refund,
tIncludes
approximately $71,000 and $288,000 for the three-months' and
12months' periods ending Sept. 30, 1942, respectively, subject to refund
in whole or In part in event of adverse rate decisions.
596,772
$60,499
_______T
Amortization
______
1
19,734,353
Drll7,315
633,705
576,835
deductions
income
exps.__
Operating rents (net)__
Net
1,891,200
722,567
49,331
395,013
—
*
Federal
revenue.
&
2,031,235
49,975
176,253
other
80.033
maint.
156,869
taxes-
income
Gross
Int.
$5,004,502
62,262
________
taxes
72,680
$2,375,563 $11,785,244
4,905,613
61,781
deductions
Balance
in
Net
1942—12 Mos.—+1941
income
Dividends
1942—12 Mos,—1941
$5,443,287
$399,888
34,747
depr. & amor.
taxes
19,206
expense
Electric Co.—Earnings—
172,931
expenses
for
1870.
p.
1942—Month—1941
$506,692
;
revenue
20,136
.
1941.—V.'156,
in
Southern Indiana Gas &
23,544
oper.
&
Deprec.
and $2,476,552
Period End. Oct. 31—
Gross
17,667
revenue
revenue
483,619
the market value of other Investments was $2,600,-
Sept. 30,
1942
$5,989,705
63,492
55,108
$3,950,537
185,251
$25,220,827 $24,965,523
at
168 in
(& Subs.)—Earnings-
1942—3 Mos.—'»1941
revenue
—
Total
.
Period End. sept. 30—
52,994
192,879
662,689
reserve—
Pipe Lines—$3 Dividend—
stock,
par $10, payable Dec. 26 to holders of record Dec. 14.
Distributions
of 50 cents each were made in preceding quarters, and, in addition,
an
extra of 25 cents was paid on Apr. 1 of the current year.
Dividends
for
1942
will total $4.75
per share,
as
against $2 per
share in 1941.—V, 155, p. 1127.
$3
52,858
_____
.Miscellaneous and contingency
Earned
surplus
Federal
Pennsylvania
debts—
bad
for
Profits
South
5,094,513
income
Net
455
2,065,263
accrued——
stock
General
crop.
2046.
p.
13,864,514
8,000,000
receipt of payment on the
purchased
by Great Britain at a price of 2.65 cents a pound,
price paid by the Defense Supplies Corporation for
practically all of
See
dividend
extra
Dominican
interest
including
136,875
each.
company's
Total
Interest
106,333
48,361
136,875
7,088,900
Payments previously made during the current year were as
Jan. 2, 25 cents, and April 1, July 1 and Sept. 26, 50 cents
10.
65,837,638
5,071,594 *21,351,542
inet)__'_
income
121,636
8,000,000
to
26
17,148,999*74,802,640
*5,835,323
Income
oper.
564,711
dividend of $1.50 per share
extra
holders of record Dec. 21.
interim dividend of 50 cents per share was
issue, payable Jan.
2 to holders of record
Dec.
Net
94,338
—
deposits,
interest
cum.
Common
Reserve
payable
19,584,191
____
________________
106,330
52,445
—
—_______
6'/o
1958.),
stock,
last,
25,
declared
Dec,
of
one
extra
an
Taxes
1942—12 Mos.—1941
$
27,126,206tll5,888,535 104,929,052
$6,111,121
participating pfd. stock ($100 part—
(400,000 no par shares)— _—a.
Bond
Rico Sugar Co.—Extra Dividend of $1.50
on
common
paid
company
1940,
p.
South Porto
the
the
20,
156,
The directors
on
par
156, p. 2046.
Co.—Earnings-
1942—3 Mos.—1941
$
$ '
revenues_J__ (30,514,027
Operating expenses
464,706
liabilities-
accrued
and
payable
Customers'
.,
last,
Dec.
on
per
8.
22,
$1.50.—V.
$2.12 '/a
of
quarterly dividend of 37 V2 cents per
$25, both payable Dec. 22 to holders
usual
stock,
dividend
extra
an
2046.
p.
______
$6,109,281
Provision
Pay Extra Dividend—
declared
2
the
to
capital
Dec.
Dec.
On
Dec.
on
156,
Period End. Sept. 30—
Operating
Other
debt
Dividends
The
V.
see
Company of New Mexico above.—V.
Gas
Southwestern Bell Telephone
——$25,220,827 $24,965,523
—i.—
Accounts
South
15,694
11,119
Liabilities-
are
Act.—V.
Revenue
and
'
' 10,281
17,940
profits tax
excess
.
14,885
___
stock held for sale to employees—
portion of
be
Redemption of Bonds—
See
282,338
99,200
108,576
105,938
trustee
by
escrow
etc.,
merger,
Co., Chicago, where
For further details
issued
will
their common
deliver
to
Northern Trust
In exchange.
The
to
notices
mailed
be
will
stocks
securities
$267,771
$357,627
$14,723
$49,220
,_L_
in
288,406
71,699
—
bondholders
for
Common
Refundable
Balance
held
companies
new
511,114
—_
deferred charges
receivable—less reserve
and
Prepaid
New
Ross
2,282,061
394,290
rev.„
supplies
Mortgages
Funds
income
Gross
of
269,741.
90,007
value
2,829,907
receiv.,
and notes
and
280,476
-
Co.,
Bryon
preferred
the
companies—Bonds,
affiliated
^Other investments
Accounts
$1,083,385
644,176
$1,183,306
654,241
793,268
banks—
in
and
company,
Gas
requisite two-thirds of each class of stock, has been com¬
Byron, Vice-President, announced Nov. 27.
said that within a few days stockholders of the con¬
the
stituted
1041
$21,144,208 $21,105,197
—
and
in
Investments
Merchandise
Inter.
30
Union Gas Co., a public
with three of its operating subsidiaries,
Mexico Eastern Gas Co. and Texas South¬
Gas Co.,
authorised by the Securities and Exchange Com¬
and
approved at special meetings of stockholders by more
holding
utility
than
Co.—Merger Completed—
Gas
and consolidation of Southern
merger
■'
4,917,023 249,039,762 167,807,929
'
Union
Southern
$
$
$
8,412,924
2046.
p.
Jan. 1 to Nov. 30
1942
194T
End. Nov, 30
1941
1942
earnings
156,
The
:
Ry.—Earnings—
.
S
pleted,
1049
Plant
542,710
_
Sept.
Sheet,
Balance
A*«J
2,201,259
406,750
depreciation-
taxes
Excess
$404,586
262,356
41,652
___
expenses
for
Prov.
$543,157
53,802
revenue
Operating
Consolidated
1942—12 Mos —1941
$5,775,467
$4,533,421
1942—Month—1941
Traffic Manager in charge of
in San Francisco.—V. 156,
Freight
to
with headquarters
all
9 Days
:V;
Mr.
Period End. Oct. 31—
to the Freight Traffic Manager
to Freight Traffic Manager Central
Assistant General Freight Agent, Cen¬
Assistant
from
Period—
'—V.
freight
divisions,
Assistant
to
the
.
mission
Surplus
to
Brockwell,
divisions,
in
promotions
D, J. McGanny, from Freight Traffic
Assistant Vice-President System Freight
are:
from
and
rates
A.
District,
New
__
Nelson,
C.
of
L.
other
three
2046.
p.
$1,584,394 *$1,528,894 *$1,464,641
.
;
Total
r
$875,403
532,620
$1,408,023
for year—
brought forward-
Surplus
F.
charge
District;
Gross
($100
term
'
announced
also
Manager,
*302,093
215,952
3,600
290,844
debts
have
Pacific
States.
eastern
*395,571
274,580
Taxes
*412,511
146,652
—
407,679
224,043
_v___
421,033
1,800
Operation
formerly Assistant Vice-President, System Freight
supervision of freight and passenger traffic
in
the Middle
Western,
Eastern and South¬
was
will
He
Southern
rates
earnings
Gross
par), $1,044,400;
debt, $3,113,000; de¬
mand note
payable to Federal Water & Gas Corp. ($227,960) and
accrued interest thereon, $382,675; due to parent company, New York
Water Service Corp., loan account, $494,487; accounts payable, $16,422;
customers' deposits and accrued interest thereon, $35,733; general taxes,
$51,306; interest on long term debt, $59,454; miscellaneous accrued
liabilities, $2,623; customers' advances for construction, $7,731; un¬
earned revenue, $22,159; miscellaneous deferred liabilities, $2,339; de¬
preciation reserves, $771,966; other reserves, $815; contributions in
aid of construction, $113,653; capital surplus, $563,599; earned surplus
(deficit), Dr$265,659; total, $7,166,704.—V. 156, p. 870.
.
,
($100
stock
$3,261,255
337,034
1941
32,631
1942
.
connected—.,
Miscellaneous
(including intangibles), $6,876,839;
cumulative
Liabilities—5%
179,069
1939
30,114
$2,828,760 $2,570,172 *$2,272,183
165,352
141,755
*147,773
Years End. Sept. 30—
special de¬
posits, $4,405; cash in banks and working funds, $38,443; accounts
receivable (less reserve of $3,675), $42,072; accounts receivable from
parent company, $3,414; accrued utility revenues, $53,442; materials
and supplies, priced at average cost, $32,385; prepaid taxes, insurance,
etc., $5,470; debt discount and expense in process of amortization,
$94,580; other deferred charges, $15,654; total, $7,166,704.
common
Subs.)—Earnings
Southern Canada Power Co., Ltd. (&
1942
Sept. 30,
Sheet,
Balance
plant
Assets—Utility
in
Mr.
$16,914
$26,185
—
——
tax savings resulting
amount to
1940, the benefits of which extended to the years
1942.—V, 156, p. 789.
'
Customers
Net
discount equal in
amortization of debt
1942
Mr.
tRepresents additional
abnormality in earnings for the quarter.
some
Inc.—Earnings—
Bay Consolidated Water Co.,
South
Years Ended Sept. 30—
Monday, December 14, 1942
CHRONICLE
THE COMMERCIAL & FINANCIAL
2140
of
99.177
for
2Vis,
Profit
Net
Other
'
'
income
$1,288,141
income
$1,804,202
"
$1,225,091
34.792
22,872
44.943
125,242
$1,349,658
1,018,426
$1,861,866
814,741
$1,395,280
814,741
$331,232
$2.65
$1,047,125
.
$3.66
subsidiaries-.,
____—
(net)—61,518
of foreign
an
Net
profit
paid
Dividends
or
declared
.
Officials Promoted—
Promotion
Manager,
by
W.
and.
F.
Traffic.
of
with
W.. Hale,
S.
Sherman
K.
headquarters
Burke
at
Vice-President
McGinnis,
to
the
post
of
General
Traffic
Chicago, was announced on Dec. 4
charge of System Freight Traffic,
in
Vice-President
in
charge
of
System
Passenger
Balance,
(Earnings
*Less
stock
of
surplus
per
share
credit
value.
post-war
no
par
of
$20,760.
(On
509,213
shares
$580 539
$2.74
of
capital
Volume 156
THE COMMERCIAL &
Number 4133
The
Sheet
Balance
Aug. 29, '42
Aug. 30,'41
$10,543,513
137,000
$9,939,609
Assets—
"Plant
and
property-.-
States
United
Other
assets
—■
bonds
savings
1
Cash
Deferred
—a.
charges
1,322,394
>
1,508,721
the
2,743,960
stitutes
286,735
—
Liabilities—'
stock
tCapital
Accounts
Motes
payable;
—J
payable
bank
Long-term
loan
taxes
Accrued
interest
Earned
__—_
r 96,520
—
—
13,196,929
1902,496
254,607
——
'
stock
the
673,559
675,428
8,099,892
surplus
—
———
depreciation
tRepresented
tax.—V.
of
509,213
by
shares
in
156, p. 1871.
in
excess
...
Santa
west.
Aug. 31/42
Period—
Gross
profit
Other
is
an
156,
Gross
—
—
income
ether
,
of
Amort,
defense
of
profits
/ '
for
possible
investment
credit
tax
Net
Shs. of
1,266,088
17,313
518,000
principally
crude
oil
the
in
of
State
holding company,
and natural gas.—V.
a
(& Subs.)—Earnings—
of
Consolidated
1942—9 Mos.—*1941
$
other
1942—12 Mos —*1941
$
$
105,182,216
96,443,410
34,852,045
31,865,197
4,390,078
4,224,253
5,917,967
5,713,760
$
de¬
9,191,856
taxes)
8,259,062
6,696,968
—-a—
Federal
for
11,499,964
8,508,133
7,704,863
8,725,110
6,090,439
ex¬
profits taxes——
cess
2,898,602
1,257,275
3,517,634
1,430,359
inc.——
23,416,342
£>r403,460
21,962,173
31,215,869
Drll3,295
I)r612,348
Z)r228,796
500,000
—
f216,409
_
596,179
537,808
472,989
$3,379,995
$3,035,466
210,000
1,125,000
300,000
$9.42
$2,116,738
210,000
750,000
300,000
$6.35
$1,054,457
105,000
150,000
300,000
'
210,000
1,200,000
300,000
$10.56
com.
on
for
income
debt
of
21,848,878
30,603,521
29,741,409
7,096,269
7,479,633
9,472,483
discount
and
1,316,167
to
Approp.
Divs.
receivable
notes
paid on pfd. stock
Inventories
956,250
493,434
497,728
523,830
$6,270,993
2,735,122
2,048,681
210,000
10,291,034
1,437,951
6,480,428
1,297,407
385,950
.4
Undistributed
105,000
162,877
—-——u.———
864,505
675,294
1,065,428
902,569
Balance of
sub.
Other
11,287,577
17,633,640
6,281,796
8,311,179
for
$6,028,750
$6,028,750
;
Drl,046,582 Drl,046,582
sundry accruals—..—..
6,081,391
3,127,730
;
—-
taxes——————
12,029,093
351,505
199,262
29,786
3,702
537,335
54,194
368,451
5,859
(banks)—
;
saving fund deposits—————
surplus
surplus
Earned
—:
——
1,545,350
8,787,162
-
others-
734,030
210,921
457,679
300,933
302,446
401,446
and $6,869,531 in 1942.
tRepresented by 100.000 no par shares of cumulative preferred stock,
$3 dividend, and 300,000 no par shares of common stock.
preferred stock.
-430.000 shares of
?After
in
*
of
amortization
for
reserve
1942.
:
-Includes post-war
.
;
,
,
1941
$194,720 in
$1,202,864
and
admin
5,562,942
9,343,299
8,316,336
—V.
156,
1782..
p.
253,235
277,159
342,381
97,143
143,253
127,995
125,981
59,859
85,793
income
on
Amort,
of
and
7,013,235
funded
debt
8,797,806
3,745,012
62,253
64,251
83,458
87,603
int.
on
Other
interest
38,179
49,055
Consol.
and
1942—11 Mos.—1941
$7,301,247 $37,653,064 $49,530,731
-yv-
net
"Revised
adjustments
ings in 1941.
tlncludes
1941,
t2,103,846
recorded
give
subsequent
to
$362,000
for
the
for the
months
12
nine
of
those
Sept.
ended
30,
Sept.
of
1941,
undistributed
Standard Bleachery & Printing Co.—Bonds Called—
has called for redemption/as of Jan. 1, 1943, a total
of $7,900 of 15-year 5Va % mortgage bonds, series A, due Jan. 1, 1946,
at 100 and interest.
Payment will be made at the Bank of the Man¬
The
company
Co., successor trustee, 40 Wall St., N. Y. City.—V.
hattan
earnings of Philadelphia Co., which amounts are re¬
quired to be retained in surplus by that company pursuant to order of
the SEC.
.
total
of $21,500 of
6 .%
15-year first mortgage, sinking fund gold bonds
due Sept. 1, 1944 at 102 and interest.
Payment will be made at the
Banque
Canadienne Nationale in Montreal or Quebec, Canada.—
V. 151, p. 3902.
called
been
have
There
for
redemption
as
of
saved
iaries.
Called—
Feb.
1,
1943
a
power
offering of 20,000 shares of capital stock (par $25) was
made on the New York Stock Exchange Dec. 8 by Dominick & Dominick at $43 Vs, with 50 cents commission.
Bids were received for 37,474 shares and allotments were
basis of 53.4%.
a
on
There
firms, with the largest
69
allotment amounting to 3,-
Listing of Additional Capital
'
■
.
have been made in
result
a
Exchange
has
authorized
the
listing
of
in
payment
part
Co.
:
Earnings
Refining
Oil and Gas Co.,
for
the
Int.
funded
on
/' /
'
.
Act
of
1942.
v,
The
directors at
a special meeting held on Nov. 30,
such 78,412 additional shares and
of
issuance
1942,
the
Total
4,921
by - Santa Rita and
sidiary,
Santa Rita
exchange,
Santa
Northwest
will
(2) the stock of another wholly owned sub¬
Purchasing and Storage Co.
(Montana).
In
Rita
assume
—
$4,901,300
$5,082,561
401,446
402,657
113,208
Santa
transferred
chasing
Santa
will
Rita
to
and
Rita
cause
Northwest,
all
assets
which
storage,
will
and the
thereafter
of
will
assume
latter will
transfer
to
the
and
obligations
thereupon
the
storage
be
to
of
dissolved.
all of
company
be
pur¬
the
.,
97,969
$3,480,207
$3,806,495
$5,415,954
$5,615,843
277,159
342,381
359,249
70,323
41,743
service
Int.
funded
on
of
Amort,
and
97,143
127,995
125,981
143,253
85,793
59,859
693,551
152,983
144,552
39,682
$12,736,609 $12,096,092
$6,720,233
$7,119,049
/
125,057
—
234,641
236,602
148,329
151,543
$12,971,250 $12,332,694
$6,868,562
$7,270,502
5,173,338
3,584,079
—
—
4,632,748
7,092,938
651,610
701,150
831,189
908,310
1,675,227
1,337,133
1,381,782
516,699
430,304
419,604
051,410
044,615
sales
taxes
of
(net)
200,000
Crl,994
-—
taxes
083,805
written
pay-
071,238
/
—
off—
notes
on
—
of
deb.
and
21,152
146,673
323,645
120,069
/
'
'
income.
^
-
$4,512,798
51,102
21,156
*$1,068,652
423,014
•/,/■.
Note—The
the
Federal
companies
ten-month
fiscal
years
fiscal
year
to
tax
Aug.
$816,108
195,753
"
:
liabilities of
Aug. 31, 1939,
ended Oct. 31,
period
ended
'
income
'
the
-it-
■
105,753
*
"Deficit.
205,323
'ri
;v
$1,742,095
:
Dividends
—
—1
'r\.
509,725
..
disct.
expenses
'
\
v
17,099
debentures-
on
-
351,408
'
etc.
Amortiz.
076,090
prior
———
debt
;*
-
'
(other
for
years
Cr66,634
M
—^
inc.)
t.
720,995
—
prop¬
settlement of
of
able,
18,000
1,812,074
on
Adjust,
1,347
■
leases
'
and
company
have
been
settled
The
returns
filed
pred¬
except
1936.
as
to
the
for
31,
1940 and Aug. 31, 1941 showing no tax
payable, have been examined by the Treasury Department. The provi¬
sion of $200,000 made for Federal normal income and surtax for the
the
ended
amount
enacted
Aug, 31,
that
will
Revenue
1942
is
'Ultimately
of
Act
required-.
1942;
believed
become
■/ ;'' ■
Balance Sheet, Aug.
.
to
be
payable
provision
no
for
and
oi
31
1942
receivable
(net)
:
Inventories
investments
and
advances
1941
$2,405,377
1,455,280
hand-—
on
accounts
$6,980,125
1,885,030
2,963,526
Cash in banks and
Notes
estimate
fair
a
under the recently
profits tax is
"V. ■■■'''
excess
Assets—
2,451,888
1,658,994
1,595,845
3,025,573
properties—
ment
Other
(net)
—
properties
Deferred
1-
——
and
charges
equipment
2,707,092
7,713,042
——————
5,697,217
1,355,579
——
7,244,944
8,225,414
(net)
— ——_—
—/
$3,346,400
$4,870,461
$5,002,618
2,794,474
2,896,571
3,745,012
3,954,429
debt
debt
Accounts
Accrued
62,253
64,251
83,458
37,224
int.
wages
1,446,521
$33,377,532 $25,433,913
taxes, other than income
for
Capital
38,179
49,055
50,929
481
taxes
431,544
—
—
(par $25)
surplus
9,900,000
10,625,350
86,347
1,423,011
10,625,350
86,347
.*
-
-
5,019,822
—
Total
$909,657
226,869
15,000,000
—/
——
surplus
Earned
785,899
■——-
$33,377,532 $25,433,913
—.—
$992,455
——__—
income
debt
89,063
134,511
532,731
—
Accrued
Reserves
108,819
—175,412
—
interest
Funded
$2,416,032
$1,144,339
—
Accrued
disct.
on
payable
Capital stock
$3,114,906
expense
481 •<'
.
87,603
—V.
156, p. 615.
Superior Oil Corp. (Del.)—5-Cent Dividend—
income
Net
Note—No
for
or
nine
deduction
$220,474
fo
the
$347,399
provision made for Federal income taxes for the year 1941
months ended Sept. 30,
1942, as the company claimed
for
loss
on
its
investments
in Deep Rock
Oil Corp. and
which loss exceeds the taxable income
Deep Rock Oil and Refining Co.
The
share
the
Dec.
Weekly Output—
Electric
Standard
totaled
output
Gas
of
the
& Electric
175,588,000
the corresponding
public utility operating companies in the
system for the week ended Dec. 5, 1942,
as
compared
with
162,767,000
kwh.
for
week last
year,
Stanolind Oil & Gas
liquidation
of
the
an increase of
7.9% .—V. 156, p. 2046.
The predecessor to the Landreth Co.,
treasury), pursuant to. the agreement.
for
E.
A.
operators
Landreth,
in
$4,150,000
West
and
Texas,
at
one
sold
in December,
time
the
1941.
preferred
bulk
of
the
its
largest
holdings
independent
to
Stanolind
stock,
share
of
for
each
record
special dividend of 5 cents per
$1, and 1% cents per share on
(which is exchangeable on the
three old
shares
held), payable
a
par
stock
Dec.
12.
A
distribution
similar
was
27, last year, compared with 10 cents on Dec. 28, 1940.—
1941
stock
the last on
1 paid a
dividend of $2
per
share on the 8%
Dec.
regular quarterly distributions of $2
and of $1.75 on the 7% preferred stock
1, 1941.—V. 156, p. 263.
four
on
the 8%
were
made,
Tennessee, Alabama & Georgia Ry.—50-Cent Dividend
■
of
new
holders
Dec.
declared
capital
The company on Dec.
the Landreth Oil Corp., headed
one
one
to
1
common
156, p. 1782.
During
Co., through the sale of its re¬
producing properties to Stanolind Oil & Gas Co., a sub¬
sidiary of Standard Oil Co. (Indiana), has been reported, according
to a Fort Worth, Tex., dispatch, which adds:
Dec.
on
new
preferred stock, par $100, and one of $1.75 per share on the 7% pre¬
ferred stock, par $100, both on account of accumulations, to holders
of record Nov. 25.
These are the only payments made this year.
Co.—Acquisition—
Landreth
maining
by
on
the
unexchanged
Tampa Gas Co.—Resumes Preferred Dividends—
Co.
kwh.
of
28
made
company.-
directors
on
old
basis
V.
capital stock of Northwest in exchange for 83,333 shares of the capital
stock of the company .(including 4.921 shares presently held in the
1,160,958
deple. & depr.
Total
(other than inc.)
Final
purchasing
841,554
1,014,294
development
130,625
302,446
80,552
—
Legal
will receive additional shares of Northwest.
all the obligations of Santa Rita except as
specified in the agreement with the company.
453,621
979,655
1,377,760
——
undeve!
erties
1942—12 Mos.—1941
■
$3,406,080
,
—253,235
——
expenses
of
treasury shares, or an aggregate 83,333 shares in ex¬
change for 3,500,000 shares of the capital stock of Northwest to
be delivered to the company by Santa Rita, per agreement between
the company and Santa Rita dated Nov.
17, 1942.
Such agreement
includes a plan of reorganization1 to which Santa
Rita, Northwest
and the company are parties.
The plan of reorganization provides for the preliminary transfer
to Northwest, -its
wholly owned subsidiary, of all of the assets of
Santa Rita except
(1) the stock ot Northwest which is now owned
such
413,736
1,240,104
advances
profit
Undeveloped
Corp., fiscal and admin.
authorized
transfer
379,084
1,333,875
Fed.
administ.
and
on
Profit
shftics.
the
1,817,700
498,186
than
for Fed. inc.
certain subsid¬
:
1,697,241
Liabilities—
interest
with
by
,
Company Only
300,933
——
assumed
agreement
■
2,460,061
318,676
605,697
of
of
debt
affiliate
Other
an
of
$3,098,722
others——
from
Taxes
to
/•;.
;
1942—9 Mos.—1941
affiliates—
from
Divs.
Divs.
Santa
pursuant
refunding
1,528,852
Producing properties and tangible oil well equip¬
making the total number applied for 27,361,999
(Montana),
west
Rita
bond
'' '
,
Gross income
(par $25) on official notice
entire capital stock of North¬
of
accordance with the Revenue
,
Stock—Acquisition—
additional shares of capital stock
issuance,
of
Stock
York
New
The
78,412
of
/;
-v
as
Taxes
050 shares and the smallest to 5 shares.
amortization
and
Note—Provisions for Federal income and excess profits taxes by the
subsidiary companies for the nine months' period ended Sept. 30, 1942,
248 purchases through
were
purchased
gas
.
194!
in
Period End. Sept. 30—
Standard Oil Co. (N. J.)—Special Offering—A special
and
HRepresenting amounts approximating the income and excess profits
155, p. 2190.
taxes
Standard Lime Co., Ltd.—Bonds
'
tlncluding electric
leaseholds, etc.
1,302,219
418,956
for
earn¬
ended
137,081
Cr342,194
tax
months
release
to
13,610,150
retroactive
171,281
$12,495,359 $13,436,385
82,897
expenditures
50,929
4,919,800
effect
457,182
325,275
income
ecessor
approximately $241,000
and
to
purposes
1939
396,721
Prov.
481
4,118,803
comparative
other
30,
.
income-.
for
1940
Cr53,738
income
Interest
481
Subs.)
1941
en¬
receivables—*
Interest
37,224
——
directors.
are
1,510,640
exps.
Intangible
3,954,429
—
-
assumed
of
and
2,723,342
,——
of
Gross
7,703,111
2,896,571
will
Jr.
2,153,154
subsid. ———
Bad
debt
(Incl.
Keck,
&
—
Doubtful
disct.
expense
Taxes
5,102,847
2,794,474
changes of Co.:
Interest
also
which
officials
are
market--
and
than
Income
sale,
M.
natural
claims
41,743
three
Account
the
sellers
W.
expenses—
other
expenses
than
income)
from
the
All
530,243
.
359,249
70,323
of
President,
$21,290,966'$19,262,781
——
and
at
income
Profit
—
the basis
on
in
Properties abandoned
expenses-
(other
were
inventory of
oil
Prov.
of
and
service
Taxes
pro¬
oper.
lessors'
Net
1942—Month—1941
$4,609,052
...
—
fiscal
Legal
adjustments.-^-V. 156, p. 1245.
Period End. Nov. 30—
taxes
gas
$20,760,723 $18,805,599 $12,324,078 $13,299,304
gas
interests
gineering
.
,
Spiegel, Inc.—November Sales Off 36.87%—
Sales
and
Corp.,
$39,675,163 $21,991,734
-
—
"After depreciation of $6,442,719 in 1941
V
of
Geophysical
402,657
7,378,536
—„
Standard Gas & Elec,:
Net
Total
•
crude
Total
158,191
a
nat¬
transport.,
storage „J—
Other
affiliates
Income
_•———
partners'
7,179,649
8,730,932
three
1942
revenue—
Purchases
to
4,802,817
and
Production,
Co.:
from
Expenses
1,500,000
41,349
500,000
1,545,350
6,817,167
'
"*2,500,000
Reserve for contingencies and post-war adjusts.
Capital
oil,
etc..
revenues
proceeds
any
All
being
Vice-Presidents,
gasoline and
Transport.,
of
6,919,412
Allotments
Keck
M.
Aug. 31—
crude
General
—
Elec.
Divs. from
3,477,970
3,750,000
—
payable
Employees'
of
Taxes,
companies
of Standard
&
Total
———————
....
and
receive
not
stockholders.
Rents
stock
ITreasury stock
Accounts payable
Notes
Sales
8,452,023
Liabilities—
tCapital
Reserve
selling
Years End.
16,005,982
6,220,92!
inc.
Gas
$39,675,163 $21,991,734
-
———-
13,521,624
stocks
income
wells
selling stockholders, the price to be paid by the
offering price to public will be filed by amendment.
will
company, W.
Howard B.
Keck,
gasoline
net inc.—
oil
the
and
the
Losses
Divs.
—
—
of
company
to
go
and
2,996,226
210,000
210,000
i.
charges
Total
each
underwriter
The
production
Minority int. in undis¬
tributed net inc.-:
two
Dillon, Read & Co., New York, is principal underwriter, and the
selling group, consisting of certain dealers, may be formed in connec¬
with public offering.
The number of shares to be purchased
528,126
public—
by
in
tion
Decrease in
—
capital
on
held
6,120,795
-a-
advances—.——1
Investments and
Deferred
*■
interest
company has filed a registration statement with SEC
covering
35,000 shares of capital stock (par $25).
Registration does not cover
a
new issue,
as the shares are now outstanding.
The stock is being
offered by W. M. Keck, W. M. Keck,
Jr., and Howard B. Keck, who
have informed the company that amount of stock
to be offered and
the offering price have not been determined.
Figures furnished were
solely for calculation of registration fee.
Cr214,019
deductions
misc.
holdings
Superior Oil Co., of California—Registration Filed—
for
amortizat.
Sundry
543,750
Cr396,242
——
Balance
—
and
full
a
commission of 70 cents.
69 1/10%, with 51
and
956,250
Cr209,598
guar,
on
its
purchases through 27 firms with
the largest allotment
amounting to 1,288 shares and the
smallest to five shares.—V.
156, p. 1871.
'
Cr279,117
(net)—_
reserve
payments
obligations
1,489,890
1,760,632
1,161,994
of
the Goldsmith
pool of Ector County,
considerable wildcat
and certain deep rights reserved in the
previous sale—V. 141,
Total
expense
interest
Divs.
1.94 X
11341
mach. and equip——
—
$5,691,845
plant facilities-.
—_—8,301,055
—_——————6,697,037
—
acquires
Geological, land and
bldgs.,
Accounts
of
10,072,611
exp.
Other
possible
Consolidated Balance Sheet, Aug. 31
Cash
a
disct.
(net)_—„
^Special amort, of debt
$3.05
in 1941 and $9,250,00 in 1942 for excess profits
loss on investment in and account with
23,012,882
debt-
funded
on
and
—
Assets**""*
^Defense
in
ural
Int.
r—
balance
Sterling' Drug Inc.—Special Offering—Shields & Com¬
pany on Dec. 8 made a special
offering of 5,818 shares
of capital stock (par
$10) for which bids were received
amounting to 8,414 shares.
The price was $56%, with
_——
Gross
Cr65,000
(net)—
the
769.
p.
29,970,205
oper.
income
jafiiiiated company in France.
"Land,
ducer
from
and State
taxes
income
Prov.
12,445,458
6,350,022
inc.
than
prof,
8,729,588
6,336,981
—
of
the net profits.
Stockholders
specific portion of the pending
interests, and the company will be
ot
a
The
72,692,652
retire.,
50%
assigned
also royalty
payments,
Stanolind
street
Income
repairs——
exc.
Net
613,333
tProvision
being
24,078,902
(other
and
Amort.
...
"Includes $1,595,000
tax,
reserves
•
.
pfd. Stk._
sh.
per
to
Mon¬
preciation and deplet.
loss
out. (no par)
com.
Earns,
consist
equipment located
addition
of
78,804,551
$2,395,193
612,261
13,485
242,000
$9,158,511 -$4,672,357
2,000,000
dividends
Common
properties
and
States
the
gas
disposed
plus
been
Consolidated
—
on
and
25,873,724
Prov. for Fed.
—
—
profit
paid
and
$120,000,
have
finished
outstanding capital stock of North¬
in
and
has
company
for
Co.
liquidated.
acreage,
__———_
for
Approp.
Other
Depreciation
Divs.
con¬
refining
and
Railways, and subsidiaries and
railway subsidiaries of Philadelphia Co.)
revenues
and
Maint.
profits
excess
of
refining
a
Bittsburgh
Subsidiary Companies:
Operating
Taxes
194,720
—
contingencies
and post-war adjusts.
on
of
is
be
assets.
oil
crude
business
oil
to
shares
do
producing
Period End. Sept. 30—
8 Mos. End.
Prov.. for
Post-war
of
Stanolind
Landreth
plant
facilities
Prov.
principally
Landreth
to
of
therefor
such
The
at
will
to
wells
Statement
$2,280,543
114,650
1,008,145
of
2141
share
assets
83,333
delivered
Northwest
issued
per
all
in
company
the
the
value
consist
present
oil
Rita,
be
net
$17
surplus.
of
that
inventories
of
other
and
capital
value
to
the
Standard Gas & Electric Co.
(Exclusive
Aug. 31/39
"11,500,000
-
of
to
net
and
be
$1,960,300)
and
2046.
$4,452,893
219,464
464,631
taxes
Year End.
1,606,335
15,812
*3,210,000
charges
Federal
Rita's
operating
p.
Aug. 31/40
2,063,355
of
properties
owner
Santa
$8,953,643
204,868
$20,964,458
Adm., gen. and sell. exp.
the
leases,
gas
Montana.
the
company
and
stock
credited
petroleum | products.
is
Santa
of
Aug. 31/41
$20,717,201
247,257
—
....
income
present
Rita
and
oil
1942.
(& Subs.)—Earnings—
Year End.
Year End.
the
properties
^Operation
Spicer Manufacturing Corp.
of
$30,129,265
$8,279,869
JIncluding
par).
(no
and
1941
be
that
will
^aggregating
capital
$3,500,000
measurement
unfinished
7,768,660
$28,787,519
———
$8,075,276
fair
than
application
value
to
marketing company, qualified
tana, Idaho and Washington.
58,184
—
—————————_
"After
listing
par
203,685
(payable)————.—
income..——
Total
42,135
6,933
tax—i*
income
Reserves
—
—
payable—
Dividend declarable
Deferred
i~,
L—
—'
Accrued
Federal
$12,230,325 $12,230,325
2,148,755
2,948,353
i
5,300,000
2,080,000
—
less
capital
and
will
determined
Northwest's
246,498
$28,787,519 $30,129,265
——
$1,333,004)
not
is
marketing
Total
this
has
company
acquired
2,831,648
—
—
by
share; $25 per share,
by
the company
per
credited
be
1,183,218
14,507,259
——
receivable
Accounts
-—
—-—
._
covered
(aggregating
265,255
13,400,975
i-
u
—
Inventories
$42
shares
FINANCIAL CHRONICLE
A
dividend of
50 cents per
share has been declared
on
the common
stock, par $5, payable Dec. 15 to holders of record Dec. 4.
This com¬
pares with 25 cents paid on Dec. 15' last year; none sine*.—V
151,
p.
2811.
Operating
revenues
$901,827 $10,809,641
389,227
4,343,483
190,519
*1,398,632
$938,387
358,193
—
_
Operating expenses
tFederal taxes
*Cr391,207
826,819
738,476
67,759
75,938
Other
taxes
Prop,
retire,
after
"Profit
$9,649,137
expenses—--
Depreciation
Minority interests
_——,—
83,333
83,333
1,000,000
1,000,000
$812,130
4,474
——_
$170,989
3,528
$3,240,707
20,692
$2,832,389
19,267
Net
Other
(net)
income
$174,517
$3,261,399
$2,851,656
140,542
2,882
1,686,500
57,532
1,686,500
34,309
$672,343
$31,093
$1,517,367
$1,130,847
applic. to pfd. stock for the pertod—
375,678
375,678
interest
other
Net
„•
mlge,
on
income
Dividends
;
*
Balance
„
Texas Power &
(Includes
1942—Month—1941
Operating
revenues
expenses
$550,000
—_
*Crll3,498
taxes
taxes
Prop,
retire,
Net
Balance
Int.
Other
1,200,000
2,023,002
7,616
$3,961,699
charges
Total
$331,767
170,417
170,417
2,045,000
10,000
10,000
120,000
Interest
6,590
6,744
116,556
Crl,527
—\
Cr9,708
— —
'
;
J,
\
'
.
Net
depreciation
Reserve
for
possible
losses, etc.
Reserve
for
Federal
taxes——
Minority interest
Surplus
$1,711,241
865,050
—V.
Period End. Sept.
Oct., 1941
$1,026,786
Nov., 1941
$970,162
$1,046,484
profit
1942
1941
$1,920,003
153,393
112,919
—
—,
income
Lease
339,739
97,631
and
deprec.
depletion,
properties ——L—;
Prov. for deprec. on miscell. field
778,756
932,367
amort,
Profit
Other
10,387
covering
the
March
1,
owned
are
1942
by
;
collateral
United.
-
income
be summarized as follows:
*
face amount plus accrued interest
may
2952
(part
United).
at
of
total
a
Material
adjustments,
from
Profit
Interest
income,
for
Prov.
The
.
accrued
*
$1,086,355
513,329
$264,449
1,935
—V.
156,
common stock
share——
common
per
Bond
As
&
Share.
1,045
156,
Cr42.215
Cr504
Cr3,552
—
and
income
(estimated)_,
result
a
Federal
Other
50,000
103,400
of
such
and equities,, if
such bonds are or
which
to
Commission
the
lull
reserves
disposition of such fund.—V.
156,
p.
United Gas Improvement
.$230,396
523,652
$0.30
—
——
523,171
$0.44
electric
The
week
ended
revenues
(& Subs.)—Earnings—
expenses
taxes
—
1,248,973
-
7,018,253
4,626,795
524,530
1,224,754
1,167,730
—
retire. & deplet.
reserve appropriations
Interest
Net
1783,
1942
5,
or
sale
by
and
River
Green
base
Exchange
price of $195,000
Electric
Co.—V..
156,
Cooperative
Electric
Rural
in cash.
Tri-City
Corp.
for
aggregate
an
is a subsidiary of Associated
1959.
p.
Co.—Weekly Output—
'
$1,759,599 $11,534,682
$1,923,624
revenues—
(net)
.
oper.
$9,407,302
376,632
of
Interest
Inter,
mtge. bonds
on
48,750
375,000
489,151
48,750
375,000
—
charged
473,182
-
——
Other deductions
Inter,
-—•—
debentures.
on
interest
Other
•
coll. trust bds.
on
Interest
9,548
10,348
const.
Cr9,326
-——
$1,038,481
$844,036
to
Net
Ended
of
—————
—
sold-
products
Balance
3 Months
12 Months
$4,809,395 $28,869,506
1942—
Sept. 30,
sales
Cost
(& Subs.)—Earnings-
Paper Corp.
——3,312,618
-
Portion applic. to
profit
Delivery, selling,
1,136,229
5,210,458
$360,548
and gen. expenses-
admin,
Other
$6,250,074
—A
income
income
Gross
other
Interest and
income
for
Federal
normal
Provision
for
Federal
excess
Provision
for
other
Earnings
is
1942
based
1,043,506
130,356
taxes
745,848
Cr433,610
101,122
_
$457,672
rates
on
been
the
under
given
to
income
the
$1,733,278
$0.36
—_
Federal
for
and
Revenue
post-war
excess
Act
of
credit
$1.37
profits
1942.
taxes
No
provisions
con¬
of
—
three-month
the
for
Provision
for
for
depreciation
for
depletion
and
special
timberlands and leases
on
amortization,
were
Ended
Sept.
twelve-month
and
additional
respectively,
Act
and
pro¬
3 Months
Depletion
on
timberlands
12 Months
$291,643
$1,120,170
18,327
Depreciation and special amortization
62,477
and leases
Adjustments applicable to the six months ended June 30,
to an inventory valuation adjustment and to the
(3)
1942,
giving effect
of
Federal
of
1942
income
have
been
and
excess
profits
taxes
under
the
rates
Revenue
Act
reflected
only in the amounts shown above for
the 12-months' period.
The net effect of these adjustments resulted
in a reduction of $568,992 in the net income for the 12 months ended
Sept. 30, 1942.—V. 156, p. 2047.
to
the
Dec. 21
share;
directors
on
Period End. Sept. 30—
2
declared
to holders of record Dec.
14:
the
On
following
the
UBA
Operating
Federal
Other
payable
shares, 53 cents per
the UBC shares, 20
cents
on
the UCSA
18
cents
per
share.
On June 20, last, distributions were made as follows: On the
shares, 44 cents; on the UBB shares, 45 cents; on the UBC
shares, 28 cents; on the UPS shares, 42 cents; on the UCSA shares,
25 cents; and on the UCSB shares, 12 cents.
(Compare V. 155, pp.
2287 and 2015).—V. 156, p. 87.
UBA
A
dividend
stock,
payable
distribution
last;
of
none
of
30
Dec.
25
cents per share has
30
to
holders
of
been
declared
record
cents per share was made on
since,—V. 154, p. 1272.
Company
under
the
Revenue
Dec.
this
on
expenses
taxes
1
4,467
4,462
172,872
177,427
102,100
101,200
Prop, retire, res. approp.
Other
income
10.
issue
class
An
on
executive
officers
$374,241
$5,662
of the
represented
by
directors
'
Balance
hand and
on
in
Sheet,
July 31,
1942
*
•
Liabilities—Bank
loans
banks,
.
,
(secured),
bank Overdrafts,
$6,228,000;
$89,-
704; grain cash tickets and orders outstanding, $746,579; accounts pay¬
able and accrued liabilities, $1,158,292; bond interest accrued, $13,492;
791,149
740,232
653,600
$9,587,159
6,967,100
408,632
.670,037
dividends,
patronage
for
reserve
1942—12 Mos.—1941
$375,000;
dividends,
shareholders'
$182,941; reserve for income and excess profits taxes, $199,451; other
taxes, accrued,
$31,686; construction loans payable, $500,000;
first
sinking
'mortgage
bonds,
fund
$2,530,500;
reserve, $1,647,057; capital surplus,
$438,418; total, $17,401,234.—V. 156, p. 967.
.general
capital stock, $3,210,105;
$50,009; earned surplus,
'
.
656,000
$1,066,214
9,324,230
r
,
$1,390,520 $10,390,444
$7,607,809
2,006,100
1,713,938
144,731
9,050
1,820,656
—
$1,814,366
United Public Service Corp.—Sale—
$885,390
6,722,419
*$85,824
1,476,344
*$6,290
(net)—
B
initial
Dec,
Securities
The
Inter,
Int.
interest
428,183
501,525
428,184
9,861
10,000
1,867
notes and
on
Other
debentures—
on
2,096
501,525
loans
—
Other deductions
2,006,100
1,698,771
105,063
12,791
and
Exchange
securities -by
additional
income
Commission
United
Public
has
Service
the sale
disposal
approved
Corp.
and
of
of
therefrom as additional steps in the liquidation of the
.company which has previously been found necessary to effectuate the
provisions of section 11(b)(2) of the Holding Company Act.
proceeds
.
filed
United
an
application
regarding
the
sale
to
Investment Co. of 4,082 shares of preferred stock, 6%,
Natural
Gas
&
non-Cumulative!,
of Southern United Gas Co. for the sum of not less than.
cash, and proposing distribution of the proceeds togethef
with $73,000 of available cash to its stockholders as a partial liquidat¬
ing dividend.
In a supplemental application it proposed the sale to
$1
$80,000
par
——
1941
$
28,023,730
$448,715
$872,930
$3,733,990
$
income
$6,567,719
1942
Net
27,363,738
"Loss.
Balance
Sheet,
Sept.
30
Atlantic
Assets—
Subsidiaries
(including
—
Other
Cash
in
banks—on
Special deposits
Working funds
Notes
demand
,
$91,800
Subsidiaries
Other
218,498,680 218,823,680
2,598,849
2,598,899
4,527,957
1,795,449
15,098
21,566
54,855
58,683
4,96t
730,708
;
—
associated
and
—
companies
supplies—
and
debits
,
—
904,511
154,536,
9,408
459,684
113,497
14,135
472,579
152,689
8,956
339,971
115,267
—
current
Deferred
accrued
assets
14,728
471,918
p.
securities
of
Southern
United
distribution of proceeds as
1783.
Ice
for
Co.
of
sum
partial liquidating
divi¬
United Stores Corp.—To Pay $6 Preferred Dividend—
dividend of $6 per
A
share has been declared on account of accumu¬
lations on the $6 cumulative preferred stock,
to
holders of
record Dec.
This compares
14.
par $100, payable Dec.
with $7 paid
on
$7.50 on Dec. 27, 1940, and $6.50 on Dec. 28, 1939.
After the current payment arrearages on the preferred
last;
,
amoun^to $13 per share.—V.
Petroleum
156, p. 1159.
Dec.
'
stock
24
26,
'
will
'
—
256,061,554 252,795,332
Co.
:
(Wyoming)—Offer
to
Stock¬
holders—
Blyth & Co., Inc., arid Mitchum,
stockholders of this company
sent
shares
for
of
the
Dec.
28.
851
by
22,
Total
of
and
156,
in¬
3,061
;
Co.
cash
dend.—V.
receivable—
Customers and miscellaneous
Other
—
—
receivable
Accounts
Prepayments
the
$248,770
$220,810
year—•
of
.401,234.
>
Only
$1,510,842 $10,752,850
1,317,232
7,501,655
$1,676,415
1,399,611
taxes
Materials
Corporations, Ltd.—Class B Dividend—
United
9,000
$330,413; Dominion Of Canada
bonds, $20,000; accounts'and bills receivable, $560,996; inventories,
$9,910,558; deferred charges and prepaid expenses, $126,604; invest¬
ments, $64,459;* bonds purchased in anticipation of sinking fund re¬
quirements," $49,652;
employees'
pensions,
$337,575; capital asssets
(less reserve for depreciation of $5,422,632), $5,820,978;
total, $17,■-
Investments—
dividends,
the UBB shares, 55 cents per share; on
per share; on the UPS shares, 35 cents per share;
shares, 25 cents per share; and on the UCSB shares,
on
required
1942—3 Mos.—1941
Oper. rev., natural gas,
property, and equipment
tangibles)—ledger value
Funds, Inc.—Dividends—
Dec.
periods
amount
Earnings of
Plant,
Union Trusteed
The
the
Assets—Cash
1941.
of
5,802
225,000
tUnder Dominion Income and Excess Profits Taxation—estimated.-
for Federal taxes
ended Sept. 30, 1942,
mately $142,000 for the month of Sept. 1942 and $415,000 and $1,641,000 for the three-month and twelve-month periods ended Sept. 30, 1942,
Gross
1942—
30,
•
charged to income
during the periods as follows:
Period
141,924
$5,590,614
approximately $26,000 and $217,000, respectively, additional to the
required under the Revenue Act of 1941, and the statements
consolidated income include provision for Federal taxes of approxi¬
Net oper. rev., nat. gas
Provisions
(2)
for
1130,000
taxeSw
salaries
"And
amount
of
" r"^_——U
215,000
.
the
Act.
vision
209,002
$7,789,495
15,555
433,643
-
.
includes provision
income
statement of
2,771,290
1,502
profits taxes
share
Provision
has
sideration
241,769
taxes—
income
—_
per
Notes—(1)
for
income
income
144,970
$6,395,044
charges—,—
Provision
Net
37,141
$397,689
—
37,170
\
,
.
(net)
$5,732,538
$806,866
31,611
$1,006,870
i
expense
Consolidated
of
profit
Operating
respect
68,509
———
—
18,095
15,346
16,898
of
"
"V"
" "
capital assets „—495,195 <
477,019
456,185
Propor. of bond disct.
1
'
-V
and
exp.
written off
.v
•"
v.
miror-
ity interests
Note—The
41,285
employees' pension
1-7,408,974
$1,496,777 $11,460,532
sales—————————..
on
9,661
38,225
parent company actively engaged in the management,
Balance
Gross
$7,998,497
9,980
.
.
Provision for deprec.
$9,636,621
—
3,500
195,000 V 195,000
1,500,000
1,500,000
2,083,720
2,092,573
168,471
126,708
Cr34,374
Crl3,698
$1,767,285 $11,911,314
$1,935,635
income
Gross
;
.
$1,142,458
135,377
131,568
V
——_
in
Contribution
229,319
7,686
12,011
income
$1,112,383
bonds——
:
1940
1939^
'
V
i
1
$1,249,161
$646,603
130,497
141,216
8,507
1 7,431
,'/
v;.i': .v
37,833
28,291
1941
v
——;
fees
%■
'
-
(& Subs.)—Earnings—
1942
amount paid as
counsel and legal fees
Profit
Union Bag &
Period
:
>
••
the U. G, I. system companies for the
amounted to 131,005,640 kwh„ an increase
11.91; over the same period last year.—
July 31—
before
Annual meeting
Commission on Dec. 3 approved the
Company of all the properties comprising the Ohio River
division to Meade County Rural Electric Cooperative Corp.
Electric
appropriate
make
to
"Total
11,329,604
Tri-City Utilities Co.—Sale—
and
.
and all notices and
be presently subject;
any,
may
year,
on
Directors'
12,634,536
3,047,701
for
charges
2,583,631
4,335,900
'
,
2,877,899
Years End.
Profit
$295,043
1871.
Securities
and obliga¬
by the SEC:
the proposed transactions
jurisdiction
United Grain Growers, Ltd.
1942—3 Mos.—1941
1942—12 Mos.—1941
$12,315,506 $11,029,317 $56,104,118 $46,707,171
5,040,256
4,529,757 20,289,852
19,050,734
—
taxes
Other
The
are
for
output
Dec.
13,908,285 kwh.,
V... 156, p. 2047.
Prop,
$535,327
-.,
p.
5'1
Gas Is then to be merged into
merger United -Will
acquire all of the
infirmities
all
to
proceedings,
and
of
Period End. Sept. 30—
Operating
Operating
excess
—
income
—V.
Cr 14,777
——
Fed.
result
a
Houston
That prior to consummation of any of
subject
CY191
1335.
p.
United Gas Corp.
18,337
Cr3,163
±
.
and
as
its treasury for the purpose of redeeming $3,900,000
trust gold bonds due March 1, 1952, $440,000 of which
appropriate provision shall be made and embodied in the record of
this proceeding,
in a form approved by this Commission; to insure
either that the $440,000 of Houston Gas bonds held by Bond & Share
shall not be presented for redemption or that, if presented for redemp¬
tion, all cash received by Bond
&
Share upon such redemption
will
be- held
by
Bond
&
Share
in
a
special fund
and
will be
$620,687
259,495
$158,089
surplus—^——,—-*—
to
of
shares
Outstanding
Earnings
407,910
$573,026
——_—
net
it
of the debentures above described together with other
following terms and conditions are laid down
(1)
' -i
•
carried
Remainder
12,949
capita] assets——<
etc.
State
profits taxes
Net
of
sale
all of
$23,000,000,
issue of
'
amount plus
face
.
Operating income
Interest charges, etc.—
f
proposed
remaining net assets of Houston Gas. consisting of cash
tions of United, which obligations will be cancelled; and
27,588
11,456
(net)-——-',—Cr405
taxes—-——
105,400
,
gold
United).
by
owned-by
1941
$482,567
208,026
in
moneys
;
operations
——————and depreciation————,————
18,932,640
'
-
of
series
a
Houston Gas proposes to use the funds received by
(b)
period.—V. 156, p. 967.
24,456,888
to redeem at
6 Vo
By-redemption
owned
are
deductions
Federal
$672,359
equipment—
charges,—
and
—
on
—
——
expenses
for
Federal taxes charged against earnings
first nine months of 1942, compared with
from
Other
76,373
producing
.
for
37,737
67,683
interest by Union,
a
wholly-owned subsidiary of United, of $3,000,000 61 debentures
due March 1, 1952 (part of a total issue ,of $40,000,000, all of which
for
provision
Interest
338,872
—1.
taxes——
other
and
for
Prov.
——
expense!
operating
.Production
134,170
'
—
—
—
—
due
which
provision
80,407
27,244
33,635
18,932,640
26,731,298
construction*
of
United proposes
tures
1942—12 Mos.—1941
$1,585,628 $1,293,912
$1.13
$0.92
End. Oct. 31—
3 Mos.
Profit
$2,032,921
$2,312,867
__——_______
18,231
provision for Federal taxes, depreciation and bond interest.
Depletion
Total
910.000
3,496,687
United Electric Coal Cos—Earnings—
$2,159,474
Sept. 30—
income
income
share-V
per com.
$3,734,377
was
9 Months Ended
Gas
446,848
•
„
$540,045 for the corresponding previous
Transwestern Oil Co.- -EarningsOil
77,427
30,518
—'
debentures, due March 1, 1952 (issued by
Service Co., and later assumed upon the merger of
United Gas Public Service Co. into United), owned by Houston Gas.
All
such
debentures acquired
will be cancelled.
The funds to be
applied toward said proposed redemption are to be obtained by United;
(1)'By redemption at face amount plus accrued interest by Pipe
Line, a wholly-owned subsidiary ol' United, of $1,000,000 of 61 deben¬
$38,269,375 $35,744,643
1942—3 Mos.—1941
$617,489
$775,275
$0.44
$0.55
30—
-
Note—Total
1958
156, p.
.
81,215
3,858,838
——————————V——— 256,061,554 252,795,332
20-ycar
United Gas Public
14,902
,
Inc.—Earnings—
United Drug,
"After
Oct., 1942
$919,342
—
—
—
——
$3,800,000
298,414
1,256,000
——
.
-
Earns,
Nov., 1942
—
Capital
of the redemption
(& Domestic Subs.)— Sales—
Thermoid Co.
Month of—
aid
21,463
49,633
4,387,250
—1—>—
—
.proposed transactions
(a)
,
$947,332
"Net
Sales
———
"Represented by. 397.885 no par shares,
tlncludes
Federal and State taxes.—V. 156, p. 791.
$226,871 to adjust tax provisions to
required by the Revenue Act of 1942.—V. 156, p. 2046.
amount
retirement——
accounts
in
40,712
————
transactions filed by
United Gas Corp., United Gas Pipe Line Co., Houston Gas Securities
Co., and Union Producing Co., all subsidiaries of United, were per¬
mitted to become effective Nov. 28 by the SEC.
accruals.
adjustment of
credit
"Includes
—
Utility Deal Approved—
17,633,597
31,278
4,044,159
s_———,——
——.——
—,
Total
$1,812,382
865,050
$144,760
$475,606
—
482,121
——
adjustment
Declarations
(2)
:■
$846,191
income
applic, to pid. stocks for the period,,.
Balance
the
298,414
3,802
19,488,257
507,635
and depletion--—
for
.
Divs.
—
—
Total
■
,
1,489,205
10,918
698,706
1,116,937
liabilities——
Earned
.973,427
/ 687,293
i.
liabilities
charged to con¬
struction
.
$11,952,538 $11,952,538
-i————_—_-——.
—
deferred
Miscellaneous
120,000
93,279
722,667
——
—
-
accrued
Property
Surplus:
The
—_
—
payable
payable
Dividends
$4,070,661
2,045,000
$3,983,089
•.
—,
—
J-—
———
Contributions
—$38,269,375 $35,744,643
—
stock
(•Accounts
18,899
——
-
—
and
credits
Inventory
182,780
880,200
172,385
.
122,307
.————
—
■ ———
"Common
$4,051,762
21,390
$324,999
6,768
$661,240
deducts.
&
—-~,
—-——
43,501
69,959
10,595
.
484,818
—
deposits
current
Other
1,141,892
Deferred
5,623
63,894
25,280
1,414,454
1,175,416
810
deb.
int.
1941
investments, etc,
Other
100,000
$653,686
7,554
■
(net)-
mtge. bonds—,
bonds
on
Sept. 30
169,321
209,248
companies-.
.
2,000,000
stocks called for redemption, and div-
thereon
Reserves:
!—————906,038
Capital stock of Carbon Black Export.:
182,780
Mississippi River Fuel Corp. stock, etc. —
880,200
4,585,000
25,925,000
Interest accrued
Other
—
receivable
Accounts
28,850.000
.
—_
accrued
Taxes
Co.
debt
idends
$31,42^,835 $29,701,958
1
l
!—
1,722,073
1,207,214
1,007,139
1,043,759
——
—
—
—
long-term
Customers'
administrative
1942,.
28,850,000
4,585,000
25,925,000
2,000,000
1953—
deb.,
————————_
Preferred
Liabilities—
income
on
Int.
Sheet,
61
Co.
—
Uncollectible
Reserve
Gross
and
'i
Inventories
100,000
revenues.—
income
Other
Deferred
buildings, equipment, wells, etc.
Trade-marks, contracts, etc.
1942—10 Mos.—1941
551
oper.
general
—
Service
associated
Other
ap¬
res.
„!
investments
Other
selling,
$3.05
Public
Gas
Subsidiaries
$183,466
397,885
$2.71
397,885
,
par)
gold debentures, 1952—
payable—Electric Bond & Share Co
Accounts payable:
Electric Bond & Share
income taxes, and reserve for expenses.
and $310,000 in 1941 for Federal excess
Assets—
limited-term
of
Amort,
70,833
-
—
propriation
1942
in
$319,310
397,885
$3.23
Land,
$1,144,966 $12,372,611 $11,920,602
482,918
5,330.065
4,839,178
180,329
"1,110,489
1,179,149
55,910
762,742
669,474
$1,151,752
440,180
—
Operating
$390,602
($1
20-year 61
taxes.
profits
Light Co.—Earnings—
Period End. Oct. 31—
stock
Note
895,241
—
and State
Federal
Cash
Other
United
$1,078,707
895,241
par)—--
(no
manufacturing,
deducting
"After
to
to
$1,214,551
—
—
stock
common
expenses,
$755,169
$1,141,689
$510,856
of
adjustment
Shares
Consolidated
adjust tax provisions
•the amount required by the Revenue Act of 1942.—V. 156, p. 2046.
Federal
404,000
895,241
—-
Earnings per share—
* .M-*--—
*—u
—— —
,
credit
"Includes
994,713
Crl5,634
44,982,200 .44,982,200
88,468,000 88,468,000
7,818,959
7,818,959
pfd. stock cumul. (449,822 shares no par)—
cumul. (884,680 shares no par)
Common
Matured
Surplus
$816,604
bonds
140,542
„—3,719
income
Gross
Interest
+885,000
1,301,478
24,238
-
$1,285,843
profit
•—
dividends ———
Common
revenues—,
oper.
$3,425,267
$7 second pref.,
ap-
res.
propriation
Net
Liabilities—
$7
1940
$2,461,786
1941
11,186,000
1,375,945
18,236
income taxes——
and depletion—
State and
Fed.,
3,753,818
1,324,454
1942
$3,866,024
Sept. 30—
9 Mos. End.
1942—10 Mos.—1941
1942—Month—1941
(& Subs.)—Earnings—
United Carbon Co.
Co.—Earnings—
Texas Electric Service
Period End. Oct. 31—
-
Monday, December 14, 1942
THE COMMERCIAL & FINANCIAL CHRONICLE
2142
such
lesser
$1.85
a
share.
The
Tully & Co., and associates, have
a
letter offering to purchase their
designate 970,955 shares, or
buyers
1,142,300 shares outstanding,
as
the objective for deposit
If deposit is less, the buyers have the option of taking
amount and
extending
the offer.
.purchasers contemplate dissolution of the company and
Identity of the, potential. purchaser of its assets
The
.
its
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4133
Volume' 156
assets.
.disclosed.
'
■
'■
■
.sale of
is not
sheet
balance
$194,500.
*
Gross
the
shows
1942,
31,
'
■
.
for
income
Oct.
of
as
ended
months
10
'
'
.
1942,
31;
Oct,
'
■
-
•
-
,
U.
of
accumulations
were
share
per
8r*
to holders of
21
payable Dec*.
bursed
the
on
has been declared on account of
cumulative prior preferred stock, par $25,.
cents
50
Like, amounts were dis¬
record Dec. 14.
April 20, July 15 and Oct. 15, last.
Payments during 1941
April 15, July 15 and Oct. .15, 50 cents ,each, and
.on
follows.:.
as.
Dec, 27, $2.—V.
balance
to
,
this
reasonably
settlement
possible
.certain
termination
the
of
pending,
payment of
it
arrangement
paying
for
of
reorganization
off
Associated
important
.the
and
favorable
in
U.
Treasury
S.
fense
of
is
interest
of
income
its
bonds,
Hopson Group to
interest
fits.
By
of
reason
2211.
of
debt
31,
Dec.
at
and
Prepaid
Notes
this
this
to
debt
other
the
with
notes
rent,
Smelting,
States
United
Refining
Mining
&
directors
The
"on
the
•The
Dec,
on
stock,
common
payable
declared
Jan.
a
to
15
of $1 per share
holders of record Dec. 23.
dividend
"this is not to be considered
states that
company
have
4
The
of
other
stock
establishing
as
regular dividend rate." A like amount was paid on Jan. 15, April 15,
July 15 and Oct. 15, last, and on Jan. 15, April 15, July 15, Oct. 15
"and Dec. 24, 1941.
.a
The
cents
•
of
share
per
of
acquisition
the
on
regular
stock,
preferred
■))
■
.
"Gross
—i
earnings
Domestic
Reserve
$8,772,551
—
$6,897,816
2,489,136
1,387,341
1,521,768
1,621,136
$4,761,647
1,364,848
foreign Fed. taxes on income.—
deprec., depl. and amortiz_L__.—_•
Net
earnings
!
—-
dividend
Preferred
requirements--—
June
30,
30
of
each;
cents
taxes
record
Sept.
Earned
income
1942
Federal
Other
of fixed
643,673
taxes
Balance
stock
mon
"After
taxes
■
deducting
charges
all
and
income
on
$3,396,799
——
held
in
646,851
Reserve
906" 32 8
Net
$3,568,055
37,925
37,050
$6.42
*
domestic *and
except
Federal
*
amortization.
and
$4.77
•• *
,*
foreign
Amortization
of
Amortization
of
Taxes
Other
interest
the
Notrsr—In
.
been
with
compared
believed
that
for
3lr/r
the
be
States taxes on income
the ten months of 1942,
United
for
of.4Q7r
period
same
No provision
1941.
of
was
earnings for
Net
the
puted
substantially
•
Revenue
Fed.
1942
1941
$4,044,569
1940
$2,678,655
1939
$2,276,301
5,179,494
75,000
3,443,144
75,000
2,414,089
75,000
2,216,432
75,000
130,000
25,000
......
$396,425
$164,566
*$15,131
720,000
taxes
of
share
Steel
-Over $700,000,000—Largest in
"The
Expansion
Corp.*—Plant
The
in
which
been
No
has
June,
the
in
which
taxes
to
rates
the
imposed
quarter
last
the
its
history,
for
is
which
Costing
of
account
United
the
two-thirds
of
Government,'- -Irving
S.
$700,000,000—about
than
more
States
Chairman of the board of directors, said on Dec. 6 in a state¬
ment
reviewing accomplishments. of the corporation and subsidiary
Olds,
*
companies during the first year of the war.
producing or finishing units near Pittsburgh,, Chicago,
"Cleveland,
Birmingham,
Duluth,
Worcester
(Mass.)', Provo lUtah),.
; and
on
the ' West Coast are being pushed to completion night and
steel
New
units will go into
part of the new
facilities
is
being
account and at
'the expense of the Government.
For the remainder; the corporation
s is
using its own funds.
•
'
■
"
\
Reviewing
the
corporation's production figures,
Mr. Olds stated
that more than 3,000 new production records have
been established
( since Pearl Harbor
by U. S. Steel subsidiaries.
As instances of out¬
standing performances, the U. S. Steel Chairman cited the delivery
of 24 destroyers, 2 cruisers and many merchant ships,
tankers and
4
auxiliary vessels; the invention and production of portable steel run¬
ways for airplanes; an accelerated method of spinning bomb casings;
completion in four months of 550 miles of pipe for the war emergency
oil pipe line; and the production in one week by a single subsidiary
of a quantity of steel
plates ,in excess of the amount required for
the
building of 7,000- General Grant tanks.
Mr. Olds pointed out
that'U,
S.
Steel plants had a larger steel output than
all of the
<day
;
of
thousands
by
workers.
of
Most
these
the first half of 1943.
A major
erected by U. S. Steel for the
during
production
*
*
t
units' cf
4
information
;
.
property,
etc.
:.vy'.
:
production
these
in
have .delivered
of
basis
the
latest
accomplishments
all
are
phases
of
"Our mines and quarries
Mr. Olds said.
before.
in bringing
down iron ore from the Lake Superior district.
Our blast furnaces,
open hearths. Bessemers and electric furnaces have poured out. tnore
molten metal than at any time in
their history.
Rolling mills and
finishing mills, too, have topped all previous records."—V. 156, p. 1872.
The
5
the
on
Great.
materials
raw
Lakes
$55,152,608 $54,713,603
1,168,712
1,174,213
1,217
special
and
;
_i._
„
......
1,010,467
312,419
660,000
(less res.)
etc.
1,745
881,795
858,983
debt
work
Other
deferred
in
and
progress.......
progress.........
56.430
1.244.586
389,407
expense..!
123,319
212.502
19,618
301,082
389.222
discount
work in
Other
47,090
.........
,
debits...
Total-
$62,365,994 $61,378,190
Liabilities—
Common
"
.
stock
(SI
Preferred stock
9,420,400
debt
...
112,589
...
...
Federal income and excess profits taxes accrued
taxes..
accrued
accrued-
Interest
182,000
763.858
194,467
554,734
198,730
168,482
fleet
has
quantities. than
greater
in
made
outstanding
an
ever
record
Unamortized
premium
Other
debt....
'■
j
aid
of
13,477.023
8.018.851
196.733
construction...
surplus
181,959
3,651,569
directors on
The
17'A, cents
15
the
on
12 >2
"
t'
'
The
of
$100.
; par
and
Dec.
on
payable Jan.
.
of
dividend
a
the
first
cents
15
per,
share
15,
since July
156, p. 1616.
payment
t'.
■
and
declared
3
the
on
to
1
this issue
on
11
.
8%
,
of
dividend
a
cumulative
,l
.
Vulcan Detaining
I,
Jan.
on
Oct.
1941.
1.
1,, April
The
share
per
23.
,
on
stock,
156,
Universal Products
of 95
dividend
stock,
cents
each;
share has been
declared
on
the
Years
Gross
Ended
compares
value, payable Dec. 22 to holders of record Dec. 15.
with 40 cents each paid on June 30 and Sept! 30, last,
and
25
on
par
cents
March
follows:
cents.—V,
60
March
31,
1942.
Payments during 1941 were as
31, June 30, and Sept. 30, 40 cents each; and Dec. 22,
p. 1160.
156,
Utilities
Employees
Securities Co.—Payment May Be
Security Holders—Funded Debt
C.
S.
Stackhouse,
Dec.
holders, said in part:
specie! committee; appointed
in
9,
a
letter
the
to
company's
security
"A
Associated
trustees
have
compromise
certain
investments
ill
and
in
to
this
by the
extensive
securities
company
of
of
the
company's
will be dedicated
this
board
of
company
shall
after
have
directors,
negotiations
claims arising in connection
determine the.-welfare purposes for
debentures
have
had
in
with
undergoing
an
this
and
effort
(& Subs.)—Earnings
1941
1942
the
sales
and
taxes..
$96,407,753
$83,709,383
1,118,892
...
sales
Net
of
Cost
sales
profit
sales
on
operating
1,194,588
$82,514,795
52,505,902
paid.
335,755
r
Total
With
General
administrative
and
sion
246,283
27,747,440
935,619
24,063,282
728,179
$7,095,313
expenses
and
Miscellaneous
Total
other
operations.
from
profit
dividends
(net l
received....
income
$5,463,715
Federal
.....
normal
for
Federal
excess
tax
and
profits
surtax..
taxes..—
on
4l/2rr
Cr99,271
Cr202,988
Crll2,698
785,849
1,825,000
1,355,000
1,300,000
200,000
$3,361,469
profit
on
Cr 127,539
939,371
for
Net
...
charges
Provision
preferred
common
stock
stock
,
$3,334,835
423,995
423,995
2,067,976
2,067,976
$869,498
Surplus
per
common
Note—Net profit
$842,864
$2.27
$2.25
$1,111,567
$903,795
422,820
389,015
above is after provision for—
buildings and equipment—
of. short life equipment
Depreciation of
Amortization
share
the
of
bonds,
issued
bonds
Trust
outstanding,
and
Co.,
as
de¬
and
agent
cus¬
of directors has declared the exten¬
the board
operative.
and
having
to
fund
by Charles Warner,
SG%
effective
make effective
mortgage (P*. sinking
President.
first
the
of
8
company,
addition
maturity
tne
of
date
their
bonds
extended
1951 at the present 6V annual interest
cash* $180 per bond, representing the
full
unpaid interest that accrued from
1933 to 1935 inclusive.
In
addition to the extension of the maturity date, the plan as originally
presented in May provided for the cash payment of $90 per bond
on
account of unpaid deferred interest and pledged
the company to
set
aside
20'>
of each year's net earnings for payment on the re¬
mainder of such unpaid deferred interest.
However, on Sept. 30 the
company
announced that in
view of further improvement of its
financial position, it would pay all of the deferred interest provided
50 'ft>
of the bonds were deposited under its extension plan.' ■
Charles
Warner,
President of the company, which is one of the
holders
producers and distributors of sand, gravel and lime products
part of the United States, said that he considered this
the most constructive steps that the company
has taken in
largest
in
1944 to April 1,
will receive in
1,
April
rate,
the
eastern
one
of
the
last
years.—V.
ten
1696.
156, p.
"
Walker-Gooderham
(Hiram)
Worts, Ltd.—Annual
&
Report—Canadian, U. S. Plants Diverted to War Produc¬
tion—Total Tax Bill in Past Year $98,734,799—
The
annual
affords
the
report for the year ended Aug. 31,
substantial
distilling
the
freedom
democratic
serve
1942, issued Nov. 27,
following:
role
Essential
in
contributions
tax
industry is
playing
production
the
emphasized
is
of
in
the fight
materials
in
war
the
report,
to
pre¬
and
All
of
by
the
company's plant facilities in the United States and Canada are diverted
to 100'/
war
production, and in the year the total tax bill of Hiram
Walker-Gooderham
of
distilled
Worts
&
Limited
materials
war
spirits
volume,
and
was
$98,734,799.
the United States
responsible for the
in
were
in
increases
the
excise
tax
rates
and Canada, as well as
improvement in the com¬
the year to $150,492,421 from $102,156,227 the
total taxes of $98,734,799 the sum of $88,714,989
import tax used for general government purposes,
including armament.
Net profit for the year ended Aug. 31, 1942,
of $7,123,579, equal after preferred dividends to $9.07 per share on
-the common stock, was moderately above that of $6,921,970 and $8.78
a
share for the year ended Aug. 31, 1941.
Net for the year under
review
was
after
providing for an increase in income and excess
profits taxes from $4,129,271 to $9,118,337 and $1,500,000 for connet
pany's
for
was
sales
for
year.
Of
excise
and
previous
tingencies.
shareholders H. C. Hatch, President and Chairman,
the
steady
development of global war,
hugely
production has become imperative to meet the growing
requirements of the United Nations everywhere for explosives, syn¬
thetic rubber, and a whole host of other medical and scientific supplies.
"The fact that in the United States and Canada well-organized distil¬
leries have been available to meet this situation without loss of time
reporting
states
that,
in
and
as
important measure
lias
the
the
have
militant
in
in
Worts Limited had
President reports.
With but one exception,
operating against the company during the year
the
greater or less degree for all
business enterprise.
That
states, has been a revival of a determinedly
emotional dry movement in Canada and the
"Common justice
demands that in neither country
Hatch
Mr.
and
&
to new difficulties born of the war.
association with the various economic
the Canadian and United States govern¬
closest
that
controls
up,
Walker-Gooderham
constantly
the
pressures
existed
exception,
Hiram
almost
set
wartime
have
year
worked
business
ments
recognized by impartial observers
that have favored the
circumstances
*
itself
adlust
be
must
fortunate
more
cause."
During
to
the
of
one
and
to
with
alcohol
increased
largely
United
States.
should
pressure
be permitted to force the settlement of highly
while millions of men most vitally interested
duty.
But even if this basic consideration
whole question, it would still be true that the
groups
controversial social issues
are
did
absent
not
on
military
underlie
the
movement should have something of social value to offer
justify it in attempting to divert pub'ic energies to its
cause
at a
time so critical as at the present.
Actually, all that it
truthfully
can
offer is its proven and well remembered record of
having. brought near social disaster in its train when both Canada
and
the United States tested its theories in long years of practice",
Mr
Hatch states.
"Fortunately there are indications that the recent
prohibition
in
Earnings
$8,102,277
Effective-
of Extension
Fidelity-Philadelphia
the
the
plan
In
from
and
Net
Dividends
Although
with
todian of
Dec,
than
more
posited
$35,778,372 $30,255,176
Selling, advertising and occupancy expenses
Dividends
negotiations
extension
announced
Allied
to
reorganization
These
$35,442,617 $30,008,893
...
income
......
832.
p.
Co.—Plan
of
plan
was
In
allowances
59,846,244
returns
less
the
which any remaining equity
income bonds, notes and
reached a stage where definite progress has been made.
19, last.
March 29, June 30 and Sept. 20,
$3.50.—V. 156, p. 1959.
of
company's
the
been
March 20, June 20 and Sept,
year-end
a
Provision
ReducedPresident
20,
Sept. 30—
for
.Interest
Made in Near Future to
on
1941 were as follows:
Dec.
$95,288,861
sales,
Provision
Other
common
This
no
and
1159.
p.
Co., Inc.—95-Cent Dividend—
per
]
Like,amounts
1 and Oct. 1, last,
distribution—also $2
l, July
previous
1932.—V.
$2
Payments during
$1.50
Gross
A
Co.—$2.50 Common Dividend—
year-end dividend of $2.50 per share has been declared on the
stock, payable Dec. 21 to holders of record Dec. 15, DistribuV
A
common
Walgreen Co.
-
first preferred
holders of record Dec.
on
Oct.
share—-was made
per
'
:
accumulations
July
on
taken
155,
303,938
1,739,951
*180,388
$9,227,286
increased
tions of $1.50 each were made
.
,
disbursed
were
was
Pictures Co., Inc.—$2 Preferred Dividend—
directors
account
dividend .action
No
2.
cents, per share was disbursed.r-V.
.
Universal
;
quarterly dividend of'
preferred stock, payable
regular
convertible
Jan.
on. Dec. 3
paid
stock,, which was
common.
when
1938
the
record
corporation
the
on
declared, the
3
on
of
stock.
common
The
.
Dec.
share
pet'1
holders
to
—.
"Deficit—V,
on
United Stockyards Corp.—Regular Preferred Dividend
Jan.
,
1424.
p.
170,684
"
1——
521,126
.........—1,811,022
j.2,796,700
226,675
surplus
Production
Deficit.—V., 156,
720,732
———
...
acceptances
Capital
9,140
$62,365,994 $61,378,190
*
payable..——
taxes
Surplus
^
25,686
14,889
...
—
in
$5,593,400
474,692
accounts
for
Depreciation
•
185.445
*2,799,998
reserves
Contributions
Earned
1,452.494
construction.........
credits!:
deferred
Total
on
for
advances
Customers'
,
,
Cotton
649,620
534.517
liabilities.
accrued
and
426,649
242,307
....
—;
....
and
current
Notes
Reserve
512,133
469,888
...
.
Customers', deposits
36,600.500
398,855
within year
due
Accounts payable
9,420.400
36.916,213
debt.
Long-term
$782,000
$782,000
par)
($100 par)....
I.ong-term
Other
436,775
656,166
supplies...^
102,448
Unamortized
:
1,499,138
1,415
from customers,
Prepayments
Retirement
1,810,815
...
Accounts, receiv.
Materials
—
deposits.
investments
receivable
Notes
518,407
funds
working funds
Miscellaneous
Temporary-
$8,102,277
$2,796,700
354,331
Deposit of bonds in excess of the amount required to
1941
;
special
303,938
47,676
——.—i.
...
Liabilities-
Warner
funds
and
charges
Sheet, Sept. 30
■
Cash
521,126
57,005
acceptances.........
against
Total
". ;■•
;.
.....
Miscellaneous
5,263
555,733
Capital stock
substantial
1942
;
receivable...1,186,890
accounts
Deferred
,
the corporation's operations,"
,
combined,
Japan
Sinking
$998,000,
1,008,660
25,000
......
—
Total
the
for
1
'
......
...........w...!....—25,263
imposed since the close of the period
1942.
Investments
Other
available,.
"Sharing
■
and
Germany
the 1941
1941 an
additional
approximately
statements
these
been
Consolidated Balance
,
of
amount
.
in
by
of
1941
$6,x8i,006
$9,227,286
and
Cotton
surplus;
has
of
Act
Revenue
Plant,
project
greatest plant expansion
the
during
has been made in
provision
increase
in
1942,
credited
securities
S.
com¬
provision for 1942 is based on current taxable income without
for tax savings arising .from the refinancing program con¬
Assets—
Its History—
corporation is engaged in the
that
been
provision of $287,177 was made to provide for an
summated
Cost
to
$1,405,765
have
,
1942
12,045
1942,
$2.94
■
30
buildings, machinery, etc...—$6,247,008
Merchandise, material and stock in process....
1,164,994
12,328
30;
Sept.
Sheet,
Assets—
Cash
deduction
by
States
Sept.
$7.09
$9.27
,
Cr31,653
ended
basis of
the
on
■
$518,929
per
32,410
...
year
excepting
Dr511,187
$6,493,423
.
stock
Cr23.004
amount, of Federal taxes applicable to the first three quarters of 1941.
;
1
Act,
additional
Dr511,187
(5,775
Land,
U.
$729,731
the
4.498,590
shs.)_.
260,000
"Loss.
42,776
deductions..,—
for
taxes
11,484,112
Mills—Earnings—
Sept. 30—
Investments
—
construction—
to
income
11,484,112
*
profit
37,825
30,990
,
adjustments,
United
171,753
Crl4,007
income
"Federal
required.
remaining two months of the year and with
the company estimates that consolidated earn¬
ing-; for the year 1942 will be approximately $6.75 per share of common
stock.
Including the present dividend authorization, the total dividend
declarations on the common stock for the year amount to $4 per share.
Out of
the 1942 earnings directors have set aside $500,000 as a
reserve for shutdown expenses of the gold properties closed by govern¬
ment order.
Also, in line with practice of the last two years, directors
.'have
set
aside an
additional $500,000 to be added
to the "Special
Reserve for Contingencies."—V. 156, p. 1159.
With
year-end
charged
125,372
expense..
(credit)
interest
charges——
Miscellaneous
and
discount
1,968.312
profits taxes for either period, it being
excess
will
none
basis
the
on
United States
for
made
estimate
foregoing
figured
debt
on
10,000,000
land
$34,610,520 $32,079,298
for
Earnings
capital
■
$3,605,106
1,820,782
debt—
premium on debt
assumed
Interest
have
$2,716,320
long-term
on
1,575,755
10,000,000
......
treasury
Operating expenses
Depreciation
1,433,948
:
income
Interest
for reserves lor, depreciation, depletion
provision
Gross
$2,524,491
of com-
share on 528,765 shares
outstanding.'.-.—^——:
per
3,364,156
(par
Balance
Earnings
922,241
$100i__._..
leased
on
stock
income
Gross
$2,678,395
(lieti
138,200
686,146
924,236
taxes
5,368,088
pfd.
1784.
Years End.
-1,035,178
—
income
income
income
"1,470.614
—
Operating
$3,025,441
125,040
690,480
...
"682,047
profits taxes—
excess
$3,165,595
...
stock
156, p.
1,657,828
capital-
1
expenses..
.....
Wamsutta
1941
4,317,828
L
taxes
.
Other
(deprec.)
9,332,497
1
Earnings—
5,247,049
taxes
income
building
on
surplus
Preferred
30,
680,663
retirement
for
loss
other
Federal
stock
Common
$13,451,773 $11,516,683
:
505,375
etc...
:
and
than
other
for Federal
for
Total
revenues...:
282,764
214,000
from
Co
certificates..;...
rentals
4Vacumulative
1784.
(& Subs.)
Sept. 30—
operating
Federal
'
'
on
and
Maintenance
$3,889,339
1,364,848
and
for
31
431,766
341,114
receivable
...!
investment
payrolls,
Provision
share
per
holders
to
26
cost..
note
Investment
r
payable
Employees'
were
and Dec. 27, 45 cents.—V. 156, p,
12 Mos, End.
Prov,
of 1.941
of 1942
1
Mar.
Operation
10 months
10 months
follows:
as
Dec.
at
63,580
423,000
363,771
companies..
Liabilities—
made on June 30 and
Mar. 31, 1942.
Payments during
Virginia Public Service Co.
Gross
.
Earnings for First Ten Months
payable
25 cents each
estate
$34,610,520 $32,079,298
Accounts
—V.
quarterly dividend of • 87%
payable Jan. 15 to holders
..
Consolidated
Estimated
$5,
par
cents
30
1,273,662
49,612
418,000
co
Total
30-Cent Dividend—
of
1,188,607
reserves)..
affiliated
1,012,308
8,306,912
and
Managers
assets
1,444,303
11,839,939
etc
(less
Goodwill, leaseholds, leasehold improvts.,
Nov.
dividend
a
real
companies,
of
1,837,532
1,231,402
13,245,341
bene¬
minor
Reserve
declared
last, as against 30 cents
were
35 cents;
23.
Dec.
record
the
declared
also
directors
2.
Distribution^of
Sept,. 30,
1941
stock,
capital
Dep. .16,
Dec.
on
taxes,
receivable
lessor
Accrued
directors
the
on
$5,470,103
de¬
....
advances to
and
in
Walgreen
.
Victor Chemical Works—To Pay
Co.—$1
1941
$7,414,228
savings and
reserves)
insurance,
Accrued
■!Common Dividend—Earnings for First. 10 Months—
Sheet
hand
on
and
(less
accounts
Preferred
Fixed
and
....
and
Stocks
has
at
tax
receivable
Investments
purchase in the open
been reduced from
30, 1942."—V. 151,
by
company
$8,084,075
and
certain
as
together
funded
of
1941,
held by
eliminated future
formerly
debentures
amount
well
as
transaction,
amount
funded-
the
$8,693,280
amount,
this
principal
$128,900
.,market,
notes
$396,765 principal
reduced
the
on
transit
Inventories
claims
amount
in
bonds
■Accounts
whereby
its
banks,
Investment in
development
Balance
1942
Cash
Gas &
participation in the so-called Hopson settlement distribu¬
for all practical purposes this company in compromise
against said Hopson Group reduced $377,070 principal
company's
the
Consolidated
Assets—
sub¬
a
securities can be made in
governmental regulatory bodies.
"Another
.
p.
156, p. 1336.
the
at
adequate
an
still
are
that the
your
Co. and Associated Gas &. Electric Corp.
However, it should
thoroughly understood that if an agreement is reached among the
parties, in interest, a number of approvals are still necessary to con¬
summate any final settlement, including the reorganization court and
of
Reclaiming Co.—Accumulated Dividend
S. Rubber
dividend
is
future,, with
near
tion,
^this year, the same as in the like 1941 period,
A.
it
be
'
share in dividends for the first. 10 months
paid 6 cents a
that
us
Electric
$226,902,
was
after Federal taxes
$170,742 in like 1941 period.
Net income,
and all other .charges, was $44,864, against $68,105.
against
Company
to
seems
stantial part of the principal amount of
assets of $1,503,285,
:which includes $829,211 for leased land .in Wyoming and $200,000 for
land in that State,
as
well as 10,000 shares of Honolulu; Oil Corp.
-stock
and 241
shares of Matson Navigation Co. stock and cash of
The
.mutters 'pertaining
-certain
*
•
•
2143
order
to
THE COMMERCIAL & FINANCIAL CHRONICLE
2144
of
activities
the
and
so
public
the
aroused
achieve
any considerable success.
with
the basic truth that
seized
,
'
evils
the
will
simply
prohibition
wholly-owned
Net
sales
Cost
of
on
Weber Showcase & Fixture Co., Inc.—Accrued Div.—
cents
share has been
per
Other
profit
income
$2
dividend of
initial
50
cents: per
stock, payable Dec. 21
common
share
has been
to holders of
declared
record Dec.
the
on
14.—V,
156,
of
dividend
of
tions
32 y2
cents
payable Dec.
stock,
mon
25
cents
share has been declared
per
to
24
each
holders
made
were
Sept. 25, last, as against 32 V2 cents
1940,
including Dec.
and
to
cents per, share were made
24,
Retail sales
Combined
-V.
156,
From June 25,
of
37'/2
1942—11 Mos.—1941
2,803,000
$4,011,000
28,058,000
22,368,000
$6,263,000 $51,225,000 $62,921,000
1784.
p.
Western Electric Co., Inc.—Dividend Action Deferred
The
directors
the
to
of
end
Dec.
on
8
deferred
consideration of a fourth quarter
be called for the purpose just prior
Distributions of 25 cents each were made
special meeting to
a
the
year.
7,7,846,723
June 30 and Sept. 30, last, compared with 50 cents on Mar. 31,
1942, and 75 cents per share in each of the four preceding quarters.—
V. 156, p. 968.
57,776,645
24,309,504
20,902,032
449,777
302,520
37,237,009
24,759,281
21,204,552
36,689,292
*
—
:
Western New York Water
Year Ended
Operating
30,
25
p.
1784.
were
each;
cents
■
-
follows: March 25,
24, a year-end of
as
Dec;
and
"
.
(F. W.) Woolworth Co.—November Sales—
Period End. Nov. 30—
V.
——
156, p.
1942—11
1942—Month—1941
Worcester Street Ry.—Earningsperiod Ehd. Sept. 30— '
"Net profit ——.
' 1942—3 Mos,—1941 '
1942—9 MoS—1941
f$77,846
$10,551
t$216,668
$113,470
tlncluding tax on earnings.—V. 155, p. 57.
charges,
(Wm.) Wrigley, Jr. Co.—Special Offering—A special
offering of 2,000 shares of capital stock (no par) was
on
the New York Stock Exchange Dec. 4 by
Smith, Barney & Co. The price was $56, with $i com¬
mission.
The sale was completed in 42 minutes.
There
were 28 purchases
through 20 firms, with the largest
block purchased amounting to 300 Shares and the small¬
est to three shares—v.
156, p. 1696,
made
Yale
& Towne Manufacturing Co.—Special Offering
Special offering of 5,000 sharEs of capital stock (par
$25) was made on the New York Stock Exchange Dec. 4
by Shields & Co.
The price was $20%, with 50 cents
—A
commission.
on
were
firms, with largest allotment 1,275 shares and smallest to
10 shares.—V. 156, p. 1960.
Yellow & Checker Cab Co.
—Earnings—
1942
1941
$978,108
$897,595
564,300
—
The
offering was completed in 15 minutes.
received for 12,750 shares and allotments were
basis of 39.2%.
There were 66 purchases through 26
Bids
Co.—Earnings—
Sept. 30—
revenues
511,069
(Consolidated)
——
....
Selling & genera/exp., deprec., etc.
for
Provision
inc.
&
19,495,093
13,037,001
13,708,040
Net
profits
excess
„
An¬
earnings
other
in Canada, United States &
Great Britain
..J
taxes
income
$413,809
$386,526
390
732
—————
taxes
Years Ended July 31—
from cab operations.
1942
"9,118,337
—
Provision for
contingencies
/_
2,101,887
4,129,27.1
1,500,000
.
•.
.
Income
■
.
i
profit
Dividends
preference stock
on
Dividends
on
—
stock.
common
6,921,970
560,818
7,123,579
560,618
—,
—
2,893,549
Earnings per common share
deducting
and
in
the
refundable
United
portion
States
of
$8,78
profits
excess
taxes
Note—In
in
1942
1941
hand and in.banks———,.—$8,819,665
Receivables (less reserve).
24,205,934
$5,320,416
250,850
14,040,808
Inventories 'Z
43,195,428
34,755,431
357,314
334,337
Government
Cash
securities
...
943,000
—......
...
surrender
value
of
life
Investments
insurance
policies
..J.......
3,640,732
Common
shares
at
cost:*
Refundable portion of
Cash with trustee of 4*4%
"~219
......
Prepaid, and deferred charges
1,795,006
Goodwill, processes and ti-ademarks—...u.1
Total
854,079
1
..$100,279,051 $76,507,173
Liabilities—
Bank
loans
i
...
$9,881,416
2,174,795
Reserves for taxes
/.
.....
Dividend
payable Sept. 15
Dividend payable Sept. 15
$9,478,687
11,009,261
Accounts payable—trade
5,023,283
pref, shares..—.
140,204
140,205
on
common
shares..
721,537
724,004
202,612
Maturing debentures
Other
accounts
Funded
debt
Deferred
and
369,860
for
:
adjustment
contingencies—
Net
738,189
stock
1,285,114
17,330,180
——————
—
156,
16,761,276
—$100,279,051 $76,507,173
-
264,
p.
Income,
■''
dividend of 50 cents per share has been declared
no
par value,
payable Dec. 22 to holders of
on
stock,
This
with
compares
each
March
on
each
also
were
1941.—V.
30
10
156, p.
cents
and
made
on
paid
June
March 7,
Sept.
on
1942,
10,
21,
the
last,
notice
to
9.
pany's plan
holders
of
trust
receive
stock,
no
share on
cents
11,
of reorganization dated
of
as
Aug.
1,
1941,
A,
in
the
sinking
Bank,
fund
trustee,
45
in sub¬
says
Milk
St., Boston, Mass., has
collateral trust indenture dated
created
by the
•as
of Aug. 1,
1941, securing the above-described bonds, the sum of
$262,490.20 for purchase of said bonds. Sealed offers marked, "Tender
of Company Collateral Trust 4%%
Bonds, Series A," will be received
by the trustee until noon, Dec. 14, 1942, at which time all tenders
will
be
portion
is
will
to
Dec.
cease
If
of
considered.
thereof
reserved
those
All
unless
reject
18,
entitled
reorganization
offers
shall
otherwise
any
all
or
be
subject
expressed
offers.
in
to
acceptance
the
Interest
offer.
on
of
The
to
receive the
to
sends
said
tender
all
or
part
A
bonds under
of
the
series
the
A
which
March 20,
plan
bonds,
they are entitled to receive, pursuant to the terms of this
it will be necessary for them to obtain the said series A bonds
Exchange Agent or the Sub-Exchange Agent in accordance
with the said plan.
the
p.
and
registrar
the
series A,
and
co-paying
agent
for
and collateral trust 5%
Co.
has
class
been
C
collateral
appointed
stocks
trust
cumulative income
and
4>/2%
as
co-
also
co-
bonds
bonds, series B.
New York Transfer Agent—
The
of
Manufacturers
,f°r
Trust
Co.
has been
and
236,862
an
shares, respectively.—V.
U. S.
U.
p.
24,862
—
savings bonds
S.
Treasury
16,783
25,000
...
Cash surrender value of life insurance policy—
Insurance and other deposits
Property, plant and equipment—
Goodwill'and permits..^—......
Franchise—balance unamortized
Commission
sale of
on
12,900
27,250
900,983,
/
—
1,370,618
.........
208.515
capital stock..—.....
225,000
..-.—...I-...—..w..—
'Total
Liabilities—
Accounts
/
payable
1
$3,545,230
...
■
$186,387
—.
.......
45,813
.......
95,131
.........
Reserve for self-insurance.....
$0.83
Reserve for
Federal income and excess
Deferred income
stock
Common
9,849
35,065
-
...
profits taxes-
349,400
...
1,100
—...;
($50
165,000
2,534,290
112,788
...
—
par)..
'Capital surplus
Earned surplus
...
1 and Nov,
Aug.
in
.....
——
—...—v..
10,407
were
*
last ,and on pec. 20, 1941.
share as at Nov. 1,
1,
,
.
.
made on the $4 preference stocx
Arrear¬
1942.
Total
-V,
2047,
Washington Gas & Electric Co.—Sells Water
Sj^stem—
Longview (Wash.) voters approved a water revenue bond issue D°c 5
of $900,000 to provide funds for
purchasing the water system of" the
Company. The vote was 527 for to 67 against.—V 156
p
I960
$3,545,230
-
1248.
156, p.
Yellow Truck & Coach Manufacturing Co. (& Subs.)-
Earnings—
1942—3 Mos.—1941
Period End. Sept. 30—
....
$4,931,566
deprec.—
399,107
304,506
1,074,007
2,920,906
6,918,134
26,757,254
$1,611,553
investments
for
$9,937,599 $32,089,608 $23,456,961
817,475
income
Fed.
for
Prov.
1942—9 Mos.—1941
operations
"Profit from
and
December,
dividend
bf
accumulations
payable
1941,
as
Assistant
to
the President.
V. 156,
tax, surtax and excess
profits tax
Net
income
.
16,024,204
$2,714,959
$4,258,347
$6,615,282
251,965
251,965
755,895
755,895
Stock
$1,359,588
$2,462,994
$3,502,452
share..—
$0.45
$0.82
$1.17
$5,859,387
$1.95
Dividends on 7%
lative
were
Feb.
to
made on this
share has been declared on
cumulative preferred, stock, no
per
'
cumu-
stock....
pfd.
mon
account of
value,
holders of record Jan. 15,
Similar distributions
issue on Feb. 2, May 1, Aug. 1 and Nov. 2, last, as
the
on
1
Inc.—Accumulated Dividend—
$1.50
$6
par
compared with $3 on Nov. 1, 1941.
The current dividend covers the
1942.—V.
156,
.
period from May 1, 1942, to July Ji,
1336.
p.
Cents—
share and the regular quarterly
dividend of 25 cents per. share have been declared on the common
stock, par $25, both payable Jan, 2 to holders of record Dec.
12.
Extra distributions of .15 cents per share were made on April 1, July l
and Oct. 1, last, as compared with 25 cents extra on Jan. 2, 1942.—
V. 156, p. 704.
'
extra
dividend
of
25
cents
per
Wisconsin Central Railway—Interest
order
of
Division,
1949.
Such
64
interest
Walt St.,
is
N. Y,
payable on Dec. 21. 1942,
City.—V. 156, p. 2048.
.
B
the company's proportion of net profits or' losses of
wholly-owned and controlled companies not consolidated, before provi-r
sion for depreciation and Federal income and excess profits taxes.
tOf common and class B stock (2,999,985 shares).
"Including
Notes—(1)
The amount earned
In
the third quarter of
1942, before
reflecting the reduction in the provision for Federal income and excess
profits taxes and the retroactive adjustment for voluntary price reduc¬
tions, renegotiation, etc., applicable to the first six months of 1942,
would have been $1,131,863, equivalent after the payment of preferred
stock dividends to $0.29 per share of common and class B stock. Taxes,
in the first six months of 1942 were based upon the tax bill passed
by
the
of
House
Representatives
on
July 20,
1942.
The provisions for taxes include $25,498,513 for the nine months
(2)
ended
30,
Sept.
and
1942
$12,809,189
for
the
30, 1941 for excess profits tax.—V. 156, p.
nine
months
ended
1960.
Payment—
the U. S. District Court of the State of Minnesota,
dated Nov. 28, E. A. Whitman, receiver, has been
authorized and directed to pay the interest coupon matured Jan. 1,
1935, on first general mortgage 50-year 4%
gold bonds due July 1,
By
cl.
&
tEarned per
Sept.
Fourth
investments (net)—
(Series Et and stamps..*
certificates
Security
41,297
.
$338,392
1336.
Wilson & Co.,
A
authorized issue
156,
2,003
Prepaid expenses
Amount earn, on com¬
appointed New York transfer
A' ^ aJld c J10 Par stock, having
21,112, 40,907
30,784
249,671
supplies^^^_^_
1960.
An
City Bank Farmers Trust
registrar for the class A, class B
and
$1.02
Wiser Oil Co.—Extra Distribution of 25
Co-Registrar—
The
materials
$412,961
the latter issue amounted to $48 per
156, p.
Overland
offer,
from
of
Liability for unredeemed cab scrip.—.—
Appointment of William H. Schneider as Treasurer 1 was announced
Joseph W. Frazer, President,
—
i.
•
Schneider has been Comptroller since January of this year,
when all-out conversion to war production took place.
His appoint¬
ment as Treasurer became effective immediately.
He Joined Willys-
a
bonds
1942.
wish
Inventories
-
Mr.
right
accepted
$409,565
i.
Due from officers
$405,986
67,594
recently by
First National
162,294
31, 194?
: Assets—
Accounts receivable
Accrued salaries and wages.—..
Willys-Overland Motors, Inc.—New. Treasurer-
com¬
stance:
The
of July
as
Cash in banks and on hand„
Provision
series
the
Sheet
67,583
Distributions of 50 cents each
V.
under
$235,897
158,409.
Employees' allotments for U. S. savings bonds........;
holders of record Jan. 20.
bonds,
$246,698
paid
Accrued taxes
have declared a dividend of 50 cents per share on
accumulations on the $4 cumulative convertible preference
par value; and the usual quarterly dividend of 50 cents per
the $2 prior preference stock, par $20, both payable Feb. l to
cents
bonds
121,100
53,900
(
income
223,138
directors
40
4y2%
such
15,737
650,000f
*.j
270,657
——.
40
May 27, Aug, 8, Nov. 5 and Dec.
collateral
entitled to
tax,.
tax
238,026
- -—
account of
on
persons
income
profits
4,859
'
taxes:
587,330
-
common..
on
of
872.
the
to
those
dividends
v
156, p. 704.
ages on
A
$1,305,900
-
Earnings per. common share..
The
Dec.
Warren Brothers Co.—Offers to Buy Bonds—
and
Federal
$431,494
635
15,737
:
Consolidated Balance
.
I 1941
$480,544
and
Distributions
Normal
'
•:■'.■
for
Excess
Net
——$913,071
—.
.—
franchise
of
cash,
$899,780
.
earnings
'
common
record
83,488
paid
Dividends
1942
profits tax test.)
excess
Preferred
—V.
$348,006
84,014
Total income
Interest
reserve
——w—,
earnings
Net
$829,057
White Sewing Machine Corp.- -50-Cent Pref. Divs.-
Warner & Swasey Co.—To Pay 50-Cent Dividend—
A
30/1943
Sept.
special deposits, etc., $5,926;
(less
30—
profit—
operating
Net
T6tal
of
As
11,216,360
—
Earned surplus
:
Common stock held by subsidiary
-V.
receivable
Depreciation
2,785,114
Sheet
9 Mos. Ended Sept.
565,000
11,216,360
—,
,
(net).
1084.
p.
847,240
redeemable pref, ptock—
reversed
similar effect for 1942,
would have provided approximately $78,500 for Federal
for the year ended Sept. 30, 1942.
accounts
642,500
consolidation
,——c.17,330,180
19,994,448
..
DrSQ,565
Cumulative dividend
Common
in
company
(George) Weston Ltd.—Earnings-
11,184,700
...
exchange
Reserve
156,
V.
2^0*847
...21,529,215
accruals
—...
Foreign
126,439
.
1,522,874
——
income
1,642,889
on
Debenture and debenture stock interest accrued
the
of $7,056.25), $66,653; ac¬
crued utility revenues, $27,500; materials and supplies—priced at aver¬
age cost,
$69,268; prepaid taxes, insurance, etc., $9,030; deferred
charges, $43,629; total, $7,971,928.
Liabilities—$5 non-cumulative participating preferred stock
(10,306
shares no par), stated value, $206,133; common stock (50,000 shares
no par), $1,000,000;
long-term debt, $4,400,000; note payable to bank;
$90,000; accounts payable (including $2,051 due to parent and affili¬
ated
companies), $31,454; customers' deposits and accrued interest
thereon, $14,207; general taxes, $70,735; Federal income taxes, $507;
interest on long-term debt, $27,500; miscellaneous current liabilities,
$5,495; premium on debt in process of amortization, $233,272; cus¬
tomers' advances for construction, $87,370; unearned revenue, $13,009,
..miscellaneous deferred liabilities, $819; depreciation reserve, $1274 839;
special reserve, Dr$ll,263; Other reserves, S788rcontributions in aid of
construction,
$290,192; earned surplus, $236,869; total, $7,971,928.—
$82,619;
66,487
,
debentures—__
conv.
1941/
December,
and which it is anticipated will have a
Balance
94,452
profits taxes....-
excess
of
Assets—Utility plant, $7,667,302;
17,266,721
......
.i——
month
provided for Federal income taxes during that year as a result
of call premium, discount and expense
income taxes
3,589,860
17,255,484
....
Land, buildings, plant and equipment (net)...
the
company
301,943
profit
income
Provision
the
197,980
378,624
..
—...
$129,381
Amortization
1941,
on
Operating
—
$37,889
.
273,114
342,812
—
*
applicable to bonds refunded in December, 1941.
Without such deduc¬
tion, which resulted in the company having no taxable income for
Consolidated Balance Sheet, Aug. 31
Cash
.—
.
397,578
licenses
of the deduction for tax purposes
amounting to $66,487.
Assets—/
126,786
—
3,703,768
257,877
249,523
—
$4,824,812
6,420,142
$387,258
$414,199,
—
special reserve
to
income
amounts
"After
Canada
—
1941
$8,368,214
expenses
and
Other
Net
2,896,016
$7.60
2,896.016
$9.07
...
.
6,065,664
560,818
—.
deductions
Appropriation
Net
General
Depreciation
income
Total
Revenue
Operating expenses
Taxes
(& Subs.)
«
.
Operating expenses and
Income
Total
Mos.—1941
$36,376,475 $33,776,048 $358,976,737 $314,632,930
1784.
$3,460,000 $28,857,000 $34,863,000
1,696,000
sales
and
25
November Sales—
$2,315,000
_
.
1942.
com¬
Distribu¬
June
on
stock.—V, 156, p. 2048.
1942—Month—1941
.
Wholesale sales
the
on
10.
Dec.
issue
quarterly distributions
common
Western Auto Supply Co.
Period End, Nov. 30
record
this
March 25,
on
1941,
the
on
of
on
.
1941
Payments .during
156,
"After all
West Penn Power Co.—32 V2-Cent Common Dividend—
A
cents
Sept.
Sales
440.
p.
and
$1.25,—V.
West Indies Sugar Corp.—Initial Common Dividend—
An
25
last.
25,
27
of 75" Cents./per .share has been declared oh
payable 'Dec.' 24 to/ holders' of record Dec. 14.
each were made on March 31, June 26 and
stock,
of
par¬
no par value, on account of accumula¬
Like amounts were
last, and on March 15 and Dec. 31, 1941.
Arrearages as at Dec. 1, 1942, amounteod to $20 per share.—V. 152,
p. 1454.
' '
78,678,677
113,803,129
.
sales
on
the
on
paid on April 1,
>
Gross
declared
ticipating first preferred stock,
to
547,717
—
50
of
dividend
year-end
common
Sept.
tions, payable Dec. 21 to holders of record Dec. 1,
1940
150,492,421 102,156,227
———....
goods sold
dividend
on
'
A
.
the
cents
dividend
1941
common
Distributions
A
companies)
1942
the
on
June
August 31
subsidiary
declared
been
Dec. 24 to holders of record Dec. 14. This compares
paid on July 1, last, $1.50 on Dec. 22, 1941, and 50
July 15, 1941.—V. 155, p. 1608.
50
cents'
Throughout the year the Toronto distillery made substantial deliveries
of alcohol to the Canadian government for use in the manufacture
of explosives.
The report concludes with the following recapitulation-of-the four
main points of the company's policy for the coming year:'
(1) Plant facilities in-the United States and Canada are diverted
to 100% war production.
"•
*
(2) Beverage sales will be curtailed by policy of rationing goods
to the markets in which they are sold.
(3) Inventories will be conserved in accordance with the principle
of securing to
the company the maximum, benefits of a policy of
orderly utilization,
(4) Profits inevitably will decline, reflecting the lower volume of
sales, but it is expected that they will meet the requirements of the
present dividend.
<Including
has
with
it
Consolidated Income Account, Tears Ended
share
per
stock, payable
work
not
dividend of $1.25
A
breeds are immeasurably greater than any it
aspires to cure", Mr. Hatch concludes.
In the enlarged war effort that is engaging the distilling Industry
as
a
whole, Hiram. Walker-Gooderham & Worts Limited, by reason,
of its exceptional productive facilities, is playing its appropriate part.
During the year plants produced substantial quantities of alcohol for
the United States and Canadian governments for use in the manu¬
facture of smokeless powder, synthetic rubber, and other war material.
All plants operated at capacity throughout the year and, in addition
to the alcohol produced for war purposes, were able to produce more
than enough beverage spirits to replace the gallonage withdrawn from
warehouses.
Since Oct. 8, 1942, the United States Government has
taken the entire production of the company's plants for war purposes.
These plants have a distilling capacity
of approximately 22,000,000
wine gallons of 190 proof alcohol per year and in the eight months
ended October 8 produced more than 7,000,000 wine gallons for war
purposes. Under an order issued by the Department of Munitions and
Supply, effective November 1, the entire capacity of the plants in
Canada have been devoted to the production of alcohol for use in
the manufacture of essential war materials and other industrial uses.
that
and
Woodward Iron Co.—Year-End Dividend—
Wayne Knitting Mills—$1.25 Common Dividend—
from its
the situation
not likely to
Governments generally seem fully
have
prohibitionists
The people are becoming increasingly alive to
long as they remain alert the dry movement is
letuargy.
Monday, December 14, 1942
at Bank of Montreal,
■
-
York Rys.—Interest
Payment
Interest
of
due
1(4%
June
1,
on
Payments—
account
1942,
viz.
of
the
$12.50
semi-annual
per
$1,000
instalment
bond,
was
1,
1942,
of
made
unextended first mortgage and collateral trust
gold bonds due Dec. 1. 1937, and extended bonds (extended to Dec.
Dec.
on
1947)V. 156, p. 1960.
U
@FedFRASER