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O H'C
<08?
1 9 m:-
MONDA Y
ommeteiaL
Pat. Office
S.
Reg. U.
Price 60 Cents a Copy
Volume
York, N. Y„ Monday,
New
Number 4343
160
and Investment News
General 'Corporation
RAILROAD
PUBLIC UTILITY
-
Life's
160,
activities.—V.
agency
INSURANCE
-
MISCELLANEOUS
-
also
transactions
The
Corp.—Rights to Subscribe
Glacier Production
effective registration under the Securities Act of
1933, and the making of an offer by the company, holders of capital
stock of record Dec. 15, shall have the right to subscribe on or before
Jan. 2, 1945, for capital stock ($1 pari to the extent of 1 share for
each 10 shares held.
The subscription price will be determined shortly
before the offering is made—V. 160, p. 2538.
Contingent
2537.
p,
INDUSTRIAL
-
American Home Products
Co.—Official Promoted—
The directors on Dec. 8 promoted Robert B, Coolidge from Second
Vice.
President
to
Agency
Vice President to succeed Seaborn .T.
Whatley, who died on Doc.,1. Mr. Coolidge was closely associated with
Mr. Whatley for a number of years in
the direction of the Aetna
Aetna Life Insurance
December 18, 1944
gas
include the transfer to
properties. "
Northern RR. Co.—Agent—
Alabama, Tennessee &
&
Tennessee
stock of Alabama, Tennessee
general mortgage bonds and common
Northern RR.—V. 160, p. 2537. ,
&
the
5.
30.
1944—Month—1943
of
(par $10)
stock
common
142,858 additional shares of
issuance only in satisfaction
the corporation's outstand¬
and
Co, ;of New York has
cumulative Convertible prior
stock ($5 par value); and
S4.25
the
common
160,
value.),—V.
registrar
New
York
Curb
Stock
Baltimore
796,437,
present the company owns all the outstanding shares of capital
of Electro-Alloys and 100,563 shares out of a total of 119,490
making the total number
At
stock
outstanding
of
shares
of shares applied for
common
Pursuant
stock of National Bear.ng.
each of the outstanding
shares
other than those held by
the
company,
which
are
to
be canceled, are to be converted
into
tv
of
1
share
of
common stock of
the company;
all
outstanding
shares
of
capital
stock
of Electro-Alloys are to
be
canceled;
and
the
holders of outstanding
shares of 5V*';o
cumulative preferred
stock and common stock of the company will
continue to hold such shares as before, with, no change being made
the
to
provisions of the merger agreement,
of common stock of National Bearing,
.
tehhs and provisions
the
In
1962.
...
■
American
Corp.—$1.75
Investing
Foreign
.
the
Declared and
on
of .$l per
that
stock,
year
record
Dec.
Clearings
with
&
Meets
proves
second
holders
to
company, in which Electric Bond & Share ,
joined, provides that the present complicated capitalization, of\sefial
notes;' debentures, • first and second preferred stocks, common shares,
and f option warrants be replaced solely with $119,281,200 of 5
de¬
bentures and 2,500,000 common shares.—V. 160, p. 2393.
SPECIALIST IN
SEC
has conditionally
for
a
cash
adjustments.
,
transactions,
consideration
Telephone:
1933
RAnover^rgGOO
•
in
The
which
,
'
Bell
3,108
1,051,238
14,066,356
net
18,457
24,638
294,716
262,052
deducts.__
85,897
88,353
1,047,556
61,590
43,991
653,470
1,075,486
623,432
140,767
140,767
1,689,209
1,689,209
909,939
753,487
10,381,404
10,312,063
________'
& exps,,
taxes—.
income
pfd,
stock
earned
for
com.
also
operating
of
all
of
Traction Co. (& Subs.)—Earnings-
companies—
revenues
Net
its
subject
assets,
to
any
-
-
2,062,709:
operations
(net)___
income
___
3,946,242
6,161,102
taxes—
2,830,267
3,760,408
166,065
taxes——
and excess profits
income
5,024,687
$6,270,653
84,363
$6,781,068
296,930
$6,355,016
$7,077,998
—
income
_
—
—
149,738
securities held by
public, etc.__;
2,756,576
3,097,079
$3,598,440
Int., & divs, on
$3,980,919
Subsidiary investment company-
plus
$9,900,000,
or
939
income of subs..—__________
divs. and other sources (American
Traction Co.
& taxes (Amer. Lt. & Tr. Co.)—_
of net
Light. &
3,573
$3,597,501
$3,977,347
—_____—
_________
Income from
1,547,317
.
1,547,943
593,215
586,662
$954,103
exps.
the
minus
. ..
Co!,
$961,280
»/;
net income________________preferred stock.——_—
Consolidated
Dividends
on
$4,551,604
$4,938,627
Glacier
by
liabilities
804,486
804,483
$3,747,118
$4,134,141
a
in
cash
of
which
may.
Consolidated
Earnings
—V.
per
balance
—
share of common
American
its
—
$1.49
$1.35 ;
stock.
160, p. 2066.
Superpower
Oorp.^-Invitation for Tender—
Grand,'President, Dec. 13; stated in part as'follows:
The corporation has extended to the holders of its first, preferred
stock three exchange offers contained in the options'set forth below.
For each share of first preferred stock of the American Superpower
*
Gordon
then exist.
FIRM
Bids
16,328,201
2,110,005
taxes____„—_______—____
earnings from utility
Gross
16,372,627
—.——
etc.,
local,
Other
$48,840,834 $47,907,613
10,784,701
11,467,343
—
purchased for resale—
—
income
Federal
1943
1944
Sept. 30—
subsidiary to Union Oil Co.
of
payment
13,962,243
2,532,631
State
Total
Montana* Power
include
54,164
I
Banks, Corporations
us
Offerings
an
|
Brokers, Dealers, Institutions, Corporations
and Individuals have found
effective market place
BLOCKS o* SECURITIES
marketable.
which are not readily
!'."
|
|
for large or small
,.|
'
|
1
INQUIRIES INVITED
INCORPORATED
Members New York Security Dealers
■
45
Teletype'.
2,905
advs._.
&
:
transactions
9,531,792
649,978
771,176,
43,260
11,427,664
511,068
753,132
32,578
1,216,652
State,
presently held by American in the sum of $650,000, plus accrued
interest/and the surrender by American to Glacier as a capital con¬
tribution $3,690,000 of the debentures of the latter company and the
transfer to American by Glacier in final liquidation and dissolution
NASSAU
NEW YORK 4, N. Y.
>"
63,333
Depreciation
Unlisted Securities
qAllen & CO.
Established
665,023
61,878
Maintenance *___'
Kobbe", Gearhart & Company
**
870,466
20,346
stocks.
stocks.
Electricity and gas
DEPARTMENT
STREET
2,966,035
160, P. 2178.
Total
notes
For
c
1,341,913
American Light &
Federal
:•*■■.
-
justments,
Municipal Bunds
SO BROAD
265,603
misc.
Bal.
approved the sale by the company of
•
'
,
261,055
Co.—
G. & E.
consol.:
bds.
on
—V.
subsidiary of
American, joined, provided first for the sale by Montana to American'
of all the securities of Glacier, consisting of 6,COO shares of common,
stock having a stated value of $660,000 and $3,690,000 of debentures
for. a
cash consideration of $9,900,000,
plus or minus certain adthe
FLORIDA & NEW JERSEY
MUNICIPAL
Divs.
Sale of Oil Properties—
California,
the preferred stocks.
'fttrb jrlap! filed by the
2,966,035
E.
income
&
Int.
Co.—SEC Conditionally Ap¬
properties of its Glacier Production Co.,
certain
in American and large
the claims of holders of
1,341,913
subs,
on
Federal
System_______
of
Electric Bond & Share holds $49,.-
amounts of first and'
preferred .and common stocks.
Representatives of some stock¬
maintained that the parent company's investment, should be
subordinated
265,603
above)____
(as
taxes
Gen.
2691
oil
the company mat with numer¬
from
representatives cf stockholders as the SEC
opened hearings in Philadelphia,
Objections came chiefly from hold¬
ers of first and second preferred stocks, who contended that
too much
consideration was ((iven in the plan to the parent company, Electric
500,000, of debt securities
9,531,732
261,055
of Am.
Balance
objections
Bond & Share Co., for its interest.
12,497,828
11,427,664
.Total
brought payment for
The
proposed recapitalization plan of
930,627
665,023
12,769,577
870,466
income
consol
Expenses
Objections—
The
ous
Int.
Other
Transactions New York Stock
Year-End
Inc.—Plan
Co.,
Power
1,131,521
com¬
stocks..
pivs. on com.
Divs. on pfd.
2691
Exchange___2667
Transactions New York Curb Exchange___2667
Stock and Bond Averages____
__2667
Capital Flotations for November and 11
Months of 1944
_________„____2684
Gross and Net Railroad Earnings (July)___2698
Reserve
Federal
.
par
Foreign
3,884,038
net
fr,
Co.
2691
American Power & Light
American
subs,
Statement of Member Banks of
Condition
15.
share was made on Dec. 22. 1943, which
to SI.75 per share.—V. 160, p. 1562.
3,722,956
G.- &
Income
2692
2688
Payable
Banks
Reserve
have declared a
common
of
323,639
for
Subsidiary operating
Combined Condition Statement of
year-end dividend of $1.75 per share
lo cents per share, payable Dec. 21 to
Distributions of 25 cents each were made
March 22. June 22 and Oct. 2, this year.
A year-end distribution
directors
The
holders
300,973
,
stocks—_
12 Months Ended
Foreign Exchange Rates___
Dividend—
on
769,133
Undistrib, net income of
and Sales. __2699
November—______2703
Sinking Fund Notices_2691
The Course of Bank
dividend of 65 cents per share
on
the common stock, no par value, and the usual quarterly dividend
of $1.50 per share on the $6 preferred stock, no par value, both pay¬
able Dec. 30 ic holders of record Dec. 22.
A distribution of 25 cents
per share was made on the common stock on July 6,. last, as compared
with 35 cents on Dec. 22, 1943, and 15 cents on July 15, 1943,—V. 160,
p.
461,243
Redemption Calls &
12 declared a
Dec.
directors on
16,666
11,681
79,854
Municipal Bond Sales in
Dividends
The
1,158,435
40,890
4,205
stocks—
Amer.
7,226,285
68,462
2^4,542
deducts.__
&
subs,
of
7,214,452
.
178,914
com.
on
24,405,693
income_
pfd.
mon
25,395,126
1,985
11,681
of
Undistrib.
State and City Bond Offerings
Co.—65-Cent Com. Div.
600,866
debt___
plant
and Investment News_2641
General Corporation
merger
Alloys,
American European Securities
Divs.
Miscellaneous Features
of such stock.
agreement was approved by the stockholders of iSlectroNational Bearing and the company at special meetings held
on
Dec. 4, 5 and 6, 1944, respectively, and it is expected to be made
effective on Dec. 30, 1944.—V. 160, p. 25,37.
The
_____
1,947,635
599,845
22,870
elec.,
earned
Bah
24,121,151
1,924,765
30,866
2,257,373
funded
of
on,
25,095,710
299,415
2,226,506
__
income
int.
Other
—2678
Cleveland Stock Exchange__—_____
2678
Detroit Stock Exchange
___2679
Los Angeles Stock Exchange-___2679
Philadelphia Stock Exchange.:!.^2680
Pittsburgh Stock Exchange2689
St. Louis Stock Exchange.—
-L
-.2680
Montreal Stock Exchange
__-__2682
Montreal Curb Exchange.______
—2682
Toronto
Stock Exchange,.
—2680
Toronto Stock Exchange—Curb Section—.2682
Over-the-Coiinter Markets ______——__2683
Exchange
Stock
York
New
,
865,436
acquisition adj.
__2678
Exchange
Exchange
1
Stock Exchange______
Cincinnati
has authorized the listing of 9,267
additional shares of common stock (no par) upon official notice of
'-'ssuance pursuant to
the terms of an agreement of merger of Na¬
tional Bearmg Metals Corp, (N. Y.) and The Electro-Alloys Co. (Ohio)
with and into the company, which shall be the surviving corporation,
The
694,570
income
Reservation
Divs.
Stock
Chicago
Co.—Listing of Additional Com¬
Stock—
mon
1,050,227
—
income
on
2672
2677
__2677
Exchange..
Boston Stock Exchange..
American Brake Shoe
profits tax___
taxes
Amort,
(Stocks)
__2t>57
Stock Exchange (Bonds) ___-__2668
York
New
been appointed
Int.
Stock Exchange
preferred stock (no par
employees stock ($5 par
2537.
p.
1,191,048
exc.
Gross
Page'
New York
Guaranty Trust
The
685 281
__
taxes
income
Operating
Quotations
Stock and Bond
cumulative convertible preferred stock (no part,
official ''notification of the issuance thereof.
See also 7. 160,
value);
3,404,046
_________
Maintenance
Depreciation
Other
2537.
for
9,587,673 118,816,013 110,254,411
36,986,889
40,765,736
3,518,899
6,387,762
8.174,533
604,447
13,764,649
14,120,473
1,163,149
7,890,16.9
7,941,526
647,887
11,272,084
12,417,237
907,762
9,831,705
10,300,795
820,761
10,117,117
____
—
Fed.
Issue
This
In
50,000 shares of
upon
revenue
Operation
Other
stock (par $5) to be reserved for
of the conversion rights of the holders of
common
ing
Operating
Fed.
authorized the listing of
shares of common stock (par $5lk on official notice of
pursuant to the two for one split-up of the outstanding
1,140,696
since.—V. 160, p. 2394.
and .Dec. 30, 1943; none
30
Subsids. Consolidated-
share
holders of
March 30,
dividend of 10 cents per
a
has
Exchange
Stock
York
New
issuance,
p.
Sept,
declared
1
Dec.
on
value ccmmcn stock,, payable Dec. 15 to
Distributions of like amount were made on
par
Inc.—Listing of Stock—
American Airlines,
shares
$1
Dec.
record
June
The
directors
The
on
are steps in
dissolution of
(<fe Subs.)—Earnings—
1944—12 Mos—1943
American Gas & Electric Co.
Dividend—
Corp.—Resumes
American Insulator
has been appointed agent to exchange
Northern RR. Corp. prior lien bonds for new
Manufacturers Trust Co.
The
•
Commission
Period End. Oct. 31—
Alabama,
Montana Power, of the
f
found that the various transactions
compliance with its order dated Aug. 22, 1942, directing
the American Power & Light Co.—V. 160, p. 2538.
The
upon
NY 1-573
Telephone
REctor 12-3600
STREET,
NEW
Philadelphia Telephone
Enterprise 6015
J
Association
YORK
5
Bell
New
Teletype
York
1-576
|
HILL, THOMPSON a, CO.,
7?
120 Broadway, New York 5,
j^iUllltlllllllllilllllllllllliillllillllllillllllilllUliMlllllllllillliiM
N. Y.
INC.
j
g
of
Five
''..(C)
shares
shares
of
$16
Philadelphia
Co.
Eiectric
cash.
in
(due. July
cient
stock, plus
common
cable
of the com¬
mon
stock
and 27,000
shares of the common stock of the American Gas & Electric Co., Inc.,
and may receive up to 159,840 shares of the common stock of Phila¬
delphia Electric Co. in acceptance of an exchange offer by the United
Corp. dated Dec. 5, 1944.
The offer under Option C is conditional upon,
the receipt bv American Superpower Ccrp. of common stock of Phila¬
delphia Electric Co. under the United Corp. exchange offer.
Superpower Corp. now owns 60,000 Shares
of Consolidated Edison Co. of New York, Inc.,
The
pud
it
under the above
is void.—V.
1945,
1,
Oct. 31—
Maintenance
1944—9 Mos—1943
$2,231,419
$6,047,540
expenses
taxe3.
1,082,640
3,134,227
2,793,631
—;
149,333
143,234
419,252
404,088
Federal income taxes.—
362,300
139,259
699,000
316,200
28,803
142,000
86,400
3,17,000
General
—
3,460
22,736
17,605
$1,597,277
584,821
233,463
198,724
173,135
54,380
—
•
Charges in lieu of Fed.
inc.
tax
—
Net
Gross
29,404
income —3
370
3,448
9,776
$44,3.23
$382,740
due
and
expense
17,655
'23,943
244,476
have
"....•
expense,
Note—For
have
1943
purposes;
of
$12,639
$20,380
$138,264
247
2,940
2,972
deducts.—
2
increase
an
$29,000
net
in
of $450,393 as
Statement
of
Total
income
miscell.
&
Gen.
General
Federal
exps—
taxes
income
*
1944—3 Mos.—1943
$884,640
$326,619
2,640
5,313
1,267
1,007
Period End. Sept. 30—
•
—-
4,300
taxes^-
23,259
■
•
Net
npprop.
C'242,813
113,660
1,351,951
1,154,187
1,215/606
revenues—-
$692,523
$279,522
$4,857,234
.Crl01,250
oper.
18,750
195,000
.$,793,773
1,542
$260 772
$4,662,234
$3,339,216
3.227
183,847
Dr38,594
1,351,951
Viscose Ccrp,—New Unit Commences
American
income--.
(net)—
income
Gross
1
Initial
production
of high-strength rayoh'tire yarn has commenced
corporation's Front Royal, Va., plant, it was an¬
Current cutput is small but is expected to. increase
gradually until lull production
new
to
$4,846,081
1,497,102
18,473
1.398.505
216,924
Cr3,613
C'rl.941
Cr27,899
Cr95,844
$832,293
$113,858
$1,978,373
$1,536,010
/
—
of
resefv,
is reached, probably around the middle
said.
.'■'<••' .'
contsructed by Government order, will
Bal.
$263,999
net
to
1,643,532
1
130,000
Dividends
approximately 57,000,000.,pounds annually of high strength
rayon tire yarn when in-full operation. This, a'dded to the plant's previ¬
ous output,
will make a total production at Front Royal of approxi¬
mately 82,000,000 pounds a year.
Rayon tire yarn is a critical war material at the present time.
It
is needed for the tires of army trucks, artillery, bombers and fighting'
$3,300,622
133,609
$795,315
construct.
income
Net
:
65,104
Cr98.469
-
bonds—
deducts.
income
year,, the announcement
unit at Front Royal,'
next
The
&
Miscell.
unit of the
new
nounced on Dec. 33.
int.
ehgd.
Int.
duction Of Tire Yarnat-the
income
mtge.
on
Other
Pro¬
truck tires
plants at Lewistown, Fa., and Parkersburg, W. Va.,
installing cord twisting machinery and looms for
weaving rayon tire cord fabric, it was announced on Dec. 14.
This
equipment was installed at the request of the War Production Board,
in
order to increase the production of rayon
tire fabric needed for
heavy-duty tires for bombers, fighter planes, army motor vehicles and
artillery, and commercial buses and trucks. The announcement further
The corporation's
have
completed
states:
..
.
,
Lewistown
"The
I
_
plant
of its rayon
portion
yarn
in June, 1944, completed conversion of a
producing facilities to manufacture approxi¬
mately 20,000,000 pounds annually of high-strength rayon for use in.
tire cord fabric.
This yarn can now be, twisted and woven into tire
fabric by the new equipment just installed for these operations.
The
high-strength
Parkersburg plant will obtain its
poration's plants at Front Royal,
Front
to
Royal
produce
130,000
■-
earned
sum.-/
applic.
to pfd; stocks for
$702,293
:
$1,848,373
888,147'
$113,858
the period
$1,536,010
$960,226
Hook,
Marcus
946,094
in the amount of $13,000 in the
month cf October, 1943. and in the amount of $26,000 and $156,000
in
the
12
months ended Oct. 31. 1944 and
1943, respectively, for
transportation
property
leased
to
a
subsidiary,' which has been
appropriated to the property retirement reserve—railway department.
Effective Jan,
1, 1944, appropriation of this lease rental income to
property retirement reserve—railway department has been made by
charges to "miscellaneous reservations of net income."
An adjust¬
ment applied in October
1944, made effective this charge in account¬
ing procedure retroactive to Jan. 1, 1944.
'Includes rent
American Water Works # Electric Co.,
estimated
the
86,270,000
output' of
160,
kwh.
the
for
week of
corresponding
June
over
the
on
record
July
value,
par
dividend
payable
The
55
of
Dee.
cents
28
per
20.—V.
160,
p.
.
;
'
,
i..
Anglo-Chilean Nitrate Corp.—(President to Resign—
Medley G. B.
Whelpley,
a
/
key executive in the Guggenheim group of
will withdraw from many of
such activities at the close of the, euirent year to engage on his own
account
in
industrial
development and management and to act as
Guggenheim consultant, ft was. announced en Dec. 13.
companies
Mr.
Whelpley
Brothers;
of
interests for
and
Chile;
Ltd., of London;
Corp.,
and
as
directorships
and
retiring
President
as
Santiago,
is
American
as
a
in
as
and
as
member
a
and
President, and
director
of
director
Chairman
Kennecott
years,
many
of
of
York
Corp.,
of
of Guggenheim
Nitrate Corp.,
Nitrate Co.,
Pacific Tin
Trust
Co.
He
States
United
Co.,
and
will
continue
as
a
Rubber
director
recently
in
such
aforemen¬
Such amount has been credited to
taxes
resulting
from
the
of
appropriations
reserve
Co.
therefore
de¬
14
the
bids
the
notes at
par
and.
rate
were
.
the company of the
the Hamilton Belt
the purchase by
authorized
8
of the Toledo & Cincinnati RE.,
the
by
operated
are
B.
as
Machine Co.—25-Cent Div.
declared a dividend of 25 cents per share
value ccmmon stock, payable Dec. 30 to holders of
A similar payment was made on Feb. 18 and Oct. 9,
directors
the
The properties ;
integral parts of its
question.
O.
subsidiaries are located in Ohio*
Birdsbcro Steel Foundry &
on
&
2538.
p.
no
par
Dec.
20.
13
Dec.
on
and 531,
•rBoncV& Mortgage Guarantee Co.—Distributions—
such
22P0,
adjustment
being
the 10 months'
with requirements
of Arkansas dated
recorded
in
October,
1944.—
.
Sales
160,
Equipment Corp.—25-Cent Dividend—
on
Dec.
stock,
capital
trustees, of
12
declared
a
dividend
of
25
the Associated
Output—
& Electric Corp.
Gas
report
I..
..
approved the
& Electric
Associates, of their holdings in Paul Smith's Electric Light .& Power
Si RR.
to Paul Smith's College of Arts and Sciences for a total of
$300.CC0.
Associated Utilities Corp. will ""sell 1,250 shares of common
stock (par $100) for $60,000 and Gas & Electric will sell its holdings'
Qf 4,977'/2 shares of such common stock for $240,000.—V. 160, p. 2290.
Securities
and
Associated
Exchange
Utilities
Commission
Corp.
and
on
Nov.
its subsidiary,
29
Gas
157,
The
directors
on
Dec.
7
declared
a
dividend
of $2.50
per
share on
of record Dec.
12.
total of $5 for the.
current year.
A distribution of $3 per share was made en Dec. 22/
1943. as against. $5 on Dec. 19. 1942.
The previous payment was a %
semi-annual of $4 per share on Dec. 31, 1931.—V. 160, p. 2396.
the
capital
like
•'
•*
1943
1944
$4,637,963
137,650
$0.88
$0.77
share—,.——)—.
1805.
p.
Co.—Special Dividend of $5—
Boston Insurance
12 declared a special dividend of $5 per
usual quarterly dividend of $4 per share,
to stockholders of record at noon on Dec. 12.
Special distributions "of like amount were made in January of each
year from 194Q to 1944, inclusive.—V. 158, p. 2574.
directors
The
share
Dec.
on
addition
in
the
to
Jan.
payable
ICC
The
2
stock,
amount
on
&
B.
The
controls the
M.
purchase
the
authorized
25
Nov.
by :the road of the
ConcordPortsmouth RR..
property and franchises of the
& Portsmouth through,
Concord
ownership
shares of the. lattcr's capital stock (par
acquisition of which was authorized by the ICC at a price
not ip excess of $50 a share.
Of the remainder. 121 shares are in the
treasury of the Concord & Portsmouth and 1,117 in the hands of the
public.,
,%
"A. '•'%
The proposal *contemplates the purchase of all the property and
franchises of the Concord, except Its right to exist as a corporation,
for the sum of $175 000, which is equivalent to $50 a share on that
carrier's capital stock.
The purchase money will be obtained from
funds in the B, & M.'s treasury.
Any dissenting stockholders who
obtain an appraisal of their stock will be paid the appraised value
in lieu of $50 a share.—V. 160, p. 2397.
'
of
the 3,500
shares of
2,262
$100 each),
.
.
.
Bowater's Newfoundland
Calls 5% Bonds for
Pulp &
Paper Mills, Ltd.—«
Redemption—
The company has called for redemption on Jan. X, next, all of its
outstanding first mortgage 5% bonds, series of 1240, at 103 and in¬
terest,
Payment will be made at the Bank of Montreal, cither in
Montreal,
Canada.—V,
Toronto,
or
Broad Street Investing
directors have
The
declared
a
158,
p.
356.
Corp.—71-Cent Dividend—
dividend of 71 cents per share on the
to holders of record Dec. 18.
Distribu¬
April 1, July 1 and Oct. 1, this
year.
Dividends paid in 1943 were as follows:
April 1, July l and.
Oct. 1, 21 cents each, and Dec, 24, 33 cents.—V. 160, p. 1731.
capital stock, payable Dec,
of
tions
25
each
cents
23
were
made on
(E. & G.) Brooke Iron Co.—10-Cent Distribution—
The
directors
Dec.
Oct.
Dec.
on
the- common
on
stock,
7.
$5,
15
a
dividend Of 10 cents
20
per
share
payable Dec. 20 to, holders of record
each were made on June 14 and
cents
Payments In 1943 were as follows:
cents.—V. 160. p. 1290.
last.
16.
Dec.
declared
11
par
Distributions of
15,
.
■"
'
v
June 4,
15 cents,
was
payable
Dec.
paid on Aug.
to holders
last, making
19
1,
„
a
Chicago—New Preferred Stock Cre-
Butler Brothers,
ated—Par Value of Common Increased—
stockholders
The
of
150,000
on
shares
Dec," 8 approved the creation of an authorized
of $100 par preferred stock and an increase
value of the common stock from $10 to $15 a share.
Freeman, President, stated that the company expects to
B,
issue
about the first of the year.
The divi¬
41/a%, and national distribution will be handled by
100,000 shares of the preferred
rate will
dend
be
Harriman, Ripley
The proceeds will
stock
(par
& Co., Inc., and a group of investment bankers.
be used to retire $8,127,360 of 5% convertible pre$30) now outstanding at $31 per share 'antf divi-
Jlfcntis,'' arid to add' to working capital for post-war expansion;,
'J,iThe increase-in the par value of the 1,166,286^ shares oU'coinhion
£s6oek: -will add $5,8'31,430 to the stated capital of the Fompahy-'aiid Will
b6;!k'cc6inplished
1 a transfer of ah the existing paid-in ^urplus 'WitH
ariy,,'balahce fhecessai,yt being taken from earned surplus./. %
' '/"/i
When
program has been completed/the company'k'net
worth will bairepresented by $10,000,000 of 4%%
cumulative preferred
stock, .$17.494,230; in common stock and approximately $8:500,000 in
earned surplus.; ,The. unissued 50,000 shares of the new preferred stock
will
held
be'
said.
,
as
a
source
•
of
additional working
capital, Mr.: Freeman
...
Sales for Month,
Period End. Nov. 30—
and Eleven Months Ended Nov. 30
1944—Month—1943
1944—11 Mos.—1943
$
Wholesale
Retail
sales—
sales
Combined
Atlanta, & West Point RR.—$2.50 Dividend^—
A
"
'
$7,194,402
145,454
income after charges and .taxes------
—V.
T.
cents per share
payable
..
by
1944—11 Mos.—1943
-
Booth Co,, Inc.—Earnings-
(F. E.)
.
'%
in the par
Associated Utilities Corp.—Sale Approved—
The
2539.
p.
$4,874,608 $44,661^400 $39,343,663
$5,365,660
—r.,——.
—V.
Sales Rose 10.1%—
1944—Month—1943
Period End. Nov, 30—
issue
p. 2538.
saie
below,—V. 153, p. 2546.
Bond Stores, Inc.—November
during
1944, have been adjusted to conform
the Department of Public
Utilities
that the'
electric output of the Associated Gas &. Electric Group for the week
ended Dec. 8, 1944 amounted to 143,643,341 kwh.. a,n increase, of 3,253.417 kwh., or 2.3%, over the corresponding week last year.—V.
160,
Consolidated
retains his
and con¬
sultant to Guggenheim Nitrate. Corp., incorporated
to super-;
vise the investments'of the'Guggenheim family in the Chilean nitrate
industry.—V. 159, p: 730. 9'v)
Surety
of. the
Associated Gas & Electric Co.—Weekly
director of Lautaro
director
New
Copper
the firm
Anglo-Chilean
has
*
directors
the
The
dividend of .$1.25. per share on the $5 dividend
par:,value, payable Jan. 1 to holders of record
2066.;'
designate
to
thereto
All the lines of the three
lerred
of
to-holders
usual quarterly
no
redemption
share;
Qet^-, 14, this year, , making $1 per share for the current
stock,
the
Jan, 10 to holders of record Dec. 30.
Payments made in 1944 were as follows: Jan. 3, 25 cents, and April
10, July 10 and Oct. 10. 15 cents each.—V. 160, p. 2538.
/. f -
20<i(Distributions of 16 cents each were made on April 15,
and
preferred
Dec.
no
a
the samepaid in 1943. ' %•
year,
.
stock,
common
Dec.
15
declared
Dec% 3
of
for- the purchase
bid
bidder
response
Dec.
on
them
160,
and
1944;
p.
The
:on
directors
24,
Aro
1943.
3.1.
order
160.
week
Anchor Hocking Glass Corp.—Year-End Dividend—,
The
Oct.
the
on
"
plant,
to earned surplus.
retirement
^Property
2538.
p.
of
system.
—V.
.
V.
—V.
of
surplus.
Inc.—Output—/
Dec.
reduction
charges
earned
ended
output of the' electric properties of this company for The
9, 1944, totaled 89,149,000 kwh.,, an increase of 3.33%
Power
lease
with
connection
tioned
of
ended
from
first and refunding
mortgage gold bonds charges were made to earned surplus in, the
aggregate amount of $2,277,661 representing unamortized debt disccunt
and expense, call premium, and duplicate interest on the bonds re¬
deemed. which charges are proper deductions in the year 1944 for
Federal and State income tax purposes.
Accordingly, there has been
included as an operating revenue deduction
in the above statement
$1,351,951. described as "charges in lieu of income taxes," representing
tin
the
2394,
160, p,
.
The
Pa.
ICC
all
of
$589,916
EalaL.ce
cor¬
the
plant is currently being expanded by Government order'
approximately 82,000,000 pounds a year of high-strength
for use in tire fabric."—V.
yarn
rayon
and
Va.,
from
yarn
In
the stock of the other two companies in
owns
produce
planes, and also M commercial bus and
It
Boston & Maine RR.—Purchase—
$650,886
:
effort.'
war
Purchase of Three Roads Authorized—.
The
18,750
Operating
2178.
p.
the
the Baldwin Locomotive Works under a
be dated as of Dec. 1, 1944, 10 1,000-
$3,357,966
res.
'
160,
to
the
interest,
thereby.^
both
(net)
,
Int.
of
79,675
—
ret.
Other
-V,
]
of interest to bo
received.
The best
bid, specifying an interest rate of ,1.68% per annum, was made by
the Philadelphia National Bank, and has been accepted.
accrued
borne
*Rent for lease of plant
56,200
$737,929
$297,040.
$256,424
income
Net'
—A—
taxes'
2,099
2,549
45,000
730,320
Crl,138,365
_
taxes
$1,203,370 $.16,493,887 $12,846,197
694,439
8,009,004
6,563,072
42,910
112,121
833,833
63,499
1,009,390
876,326
$1,473,291
taxes
tProp.
1944—9 Mos.—1943
$793,827
$719,933
8,348
10,753
.
to
insurance companies
Net
tChgs. in lieu of income
Only
Company
of
income
.■
to
sale
Earnings: per
1944—12 Mos.—1943
1944—Month—1943
expenses
Other
$1,003,224 as previously pub¬
lished, for the nine months ended Sept, 30, 1943.
$105,502
Light Co.—Earnings-
&
revenues
Operating
ended Sept. 30, 1943, and in
viously published, for the three months
an increase
of $35,000 in net income of
low of
a
.,
9 Months Ended Nov. 3C—
Operating
Federal
pre¬
16,500
$110,574
$11,883
$12,402
surplus-*
Period End. Oct. 31—
These adjustments.re¬
income
fi'onj
'.
.
horsepower Diesel electric switching locomotives costing $78,500 each, a
total cost of $785,060.
'
' ■
The B. & O.
sent invitations to
62 banks,
trust companies, and
160, p. 2178.
Arkansas Power
those earnings in 1943.
of
to
24,750
8,250
—
in
published
adjusted herein to give effect to adjustments of Fed¬
taxes and charges in lieu of income taxes recorded subse¬
quent to the release of
in
—V.
■'•■■,
237
divs.
Balance
discount
...
figures
incident
acquire from
agreement
to
conditional
$124,974
Common
been
eral income
sulted
;
earnings
comparison,
traffic
of
termined
288,738
other
&
Preferred divs.
company in 1943.
debt discount and
to bonds refunded by that
been credited to unamortized
applicable
amounts
Such
tax purposes, of call premium,
the deduction, for
to
Co.,
ranging
/•
,/
See New York Title & Mtge'. Co.
$1,068,261
$479,396
$427,247
■
-
of
the
$413,712
Int.
$1,038,224
Mn lieu of income.taxes.
These charges are equivalent to the reduc¬
tion in Federal income taxes of the subsidiary,
West Texas Utilities
income
by
certain equipment to be acquired under a conditional-sale agreement.
The B. & O. needs additional equipment tp handle the increased
"volume
34,187
$30,294
Net income
Net
received,
9. bids
were
last, and on April 24 and July 15, 1943.—V,. 160, p. 3290
Gross corporate inc.—,
Non-oper.
$1,880,884
042,660
$1,804,494
274,294 "
' 736,143
245,803
deductions
:
$753,690
$673,055
.
$1,793,593
87,291
$1,708,661
95,743
$724,286
30,742
(net.)—__
income
other
&
Int.
$642,313
income
oper.
income
Interstate
purchase
built
,The ICC on Dec. 5 authorized the company, to issue at par net- ex¬
of promissory notes, series F, in lurther evidence of,
not in payment of, the unpaid portion of-.the purchase price of.
$379,525
$372,964
$40,875
$2.9,624
income.—
be
but
record
*
:
Other
200,744
.
45,25.9
oper.
there
said
high of 1.748%.
a
to
ceeding- $706,500
The
19,723
taxes
<"•
to
the
company's
locomotives
switching
Promissory Notes Authorized—
State, local and Federal
Net
■'Charges
17,085
$1,725,939
643,974
280,589
210,018
$130,536
57,795
20,464
——
White
the
with
connection
Ry., and the Lima Beit Ry.
'
'
The B. & O. owns all the stock of the Toledo company, which in turn
—
1.944—12 Mos.—1943
$145,511
—.
Depreciation
$5,624,511
1,112,021
(& Subs.)—Earns
Corp.
1944—Month—1943
,
Operating revenues,
Operations —_——
$2,294,767
Operating
Utilities
:
in
Cot
Locomotive
railroad properties
1962.
160, p.
Commission
American
Mr,
be
.
in
horsepower Diesel
l.opo
1.62%
..
Co.)
revenues
Operating
con¬
on
the
are estimated to approximate
preferred stock.—V. 160, p. 1178.
(Including West Texas Utilities
1944—3 Mos.—1943
Period End. Sept. 30—
no
retirement of class A certificates during 1945.
Interest payments on the securities participation, certificates will be
made by mail to the registered holders of such certificates on Jan.
15, 1945,.
; -.... ,
Holders
of
debentures
who
have
not deposited them
with The
National City Bank of New York under the said plan of reorganization
dated Dec. 1, 1941, may receive the interest due and payable on Jan.
1,1945, on such debentures upon surrender thereafter to The Chase
National Bank of the City of New York,
11 Broad St.,' New York,
N. Y., of coupon No. 27, due on said date.
Coupon No. 28, due July
'Service Co. (& Subs.)—Earnings
American Public
are
notes, will
The
15
30 quarterly instalments.
issued subject to the approval' of
series G payable
Commerce
terms
fund for
sinking
Period End,
;
the
th« s<Ues of securities,
on
share on its $6 first
a
RR.—Accepts Bids—
B.
.
notes,
sinking fund installment
1945.
Ohio
&
hoy
White has announced that the company, has accepted a bid made by Central Hanover Bank & Trust Co. of New
York City, of an interest l'ate of
1.62% on $1,059,750 of equipment
.
offered for exchange are
ios'r".s
for
available
depositary, dated Jan. 1, 1942, the company will pay to such depos¬
itary, out of the amount of the consolidated net earnings available for
the payment of accumulated interest on outstanding debentures on
Jan.
1,; 1945, the share thereof applicable tb The payment of, or in
lieu of, accumulated interest on the debentures held by such depositary.
From such payment the depositary will have: sufficient funds "to pay
in
1945 full interest accrued up, to Dec.-31r 1944, on the company's
securities, participation certificates, class'A,' at the rate of 4Va% per
annum, and on its securities participation certificates, class B, at the
rate of 3%
per annum,
and, in addition, to apply $1,145,436 as' a
options. Since the amounts ot the comlimited as above stated alternative
choices of the above options should be indicated.
Tenders, will be
accepted in the order of the receipt and options will be filled in order
of the preferences indicated.
In the event that tenders arc received
for any of these common stocks in. excess of the number of shares
held in'the portfolio the American Superpower Corp. may (but shall
not
be obligated to)
acquire in its sole discretion additional, shares
of any stock in order to accept tenders which otherwise could not, pe
filled.
Certificates, accompanying tenders, that cannot be filled will
be promptly returned to the tendering stockholders.,
The net earnings of the corporation for the year ending Dec. 31,
1944; including income from dividends and interest, but excluding prof¬
$6.20 per
on
Baltimore
President
of the debenture agreement, and, the agree¬
between, the company and The National City Bank of New York,
ment
who
stock
earnings
March 1,
net
Pursuant to
preferred stockholders of the American Superpower Corp.
themselves of the foregoing,.exchange offers should tender,
exchange
July 1, 1945.
payment of interest on such debentures on
directors also determined
and declared that there
the
debentures
prior to 3 p.m. on Dec. 27, 1944, to the First National Bank of Jersey
City (agent of the corporation for this purpose), No, 1 Exchange Place,
Jersev'City 3, N. J., properly endorsed certificates for such shares or
the American Superpower Corp. first preferred stock as
they desne
to
are
to
solidated
wish to avail
mroiv
to
there
■
The American
First
of accumulated interest on 20-year .6% income debentures
1, 1951) on.. Jam 1, 1945, is $1,487,618,, which sum is suffi¬
pay 22%
of accumulated interest on such debentures.; (b)
no "consolidated net earnings available few interest"
appli¬
payment
stock, plus 50 cents in
mon
Pour
determined and declared that (a) the amount of
the "consolidated net earnings available for interest,", applicable to the
directors have
The
Consolidated Edison Co. of New York, Inc., com¬
cash, or
American Gas
Electric Co. common stock, or
(A) Five shares of
•(B)
1
to exchange:
to Debentureholders
Sugar Estates—Payment
Antilla
surrendered in acceptance of one
options the corporation offers
such
of
accrued dividends thereon
and
Corp.
Monday, December 18, 1944'
FINANCIAL CHRONICLE
THE COMMERCIAL &
2642
—
-
sales
8,561,086
1,655,23,4
10,216,320
Registers With SEC—
$
$
10,979,175
1,497,152
93,666,384
99,166,844
13,307,095
14,543,640
12,476,327 108,210,024 112,473,93.9
.Y%/./
'
'
has filed with the. SEC% a,"registration statement cover¬
shares of cumulative prefemKbrfctpck, 4'/a %• • series.
The
proceeds of this financing
.be.iu^d^toytlie., extent,"mecessary to
redeem
the company's '
-'preferred stock," and
The company
ing .100,000
■
y
will
balance
■the
public ottering
•
;H&rriman
headed
v-:(*"'v
v
to
.
•
.pf
-
the company of its entire
extending frcm Chittenden to San Juan, approximiles, in Santa Cruz and San Benito Counties, Calif.—
railroad
i
mately ¥7.94
.
v,
■
95.
817.
p.
'
;
and
''
"
■
California Electric Power Co. (&
Total
Other
•'■
■
1,798,987
742,036
529,153
1,886,420
781,"659
51,107
55,139
48,866
51,763
.
604,059
Charges for elee. energy,
Cr3,ii56
1
-etc.,
*
™™'™™—™
—
-Net
(
$176,905
.
'•
Gross .income
$2,916,467
.
21,197
,:,
..
5*298
$248,274
51,651
V, 84,261
44,960
57,640
$81*,833
V: ' 575,415
(inch
tax)
profits
T„™™_'
,
;
$106,373
"
.
Net income-™—™—.
S"'
700,713,
■
524,360
:
Adv:t/: sell.;
160,
1944
1943
;
1942
$685,341
$402,727
j,
Depreciation .™_™'™™
Miscellaneous (net)
57,655
48,281
CM ,804
Cr3,452
*
;
$565,806
from
collected
,
.
:•
43,655
13,985 ;
1941
/
$729,947
36,441
9,342
Cr42~157
171,666
$238,582
income
Net
$264,363
~
surplus
Previous
535,437
620,565
—™—
f
:'4'
422,462
600,509
,
$443:779
Total
surplus
paid
Dividends
Shares
Earnings
$866,241
193,260
253,654
265,733
$691,073
$620,565
$585,437
$600,509
out
par)™
(no
excess
$2,70
96,630
^6,630
$2.47
$4,59
profits taxes of $208,800.
U.
Treasury bonds at
S.
Customers'
&
accounts
\
1,024,657
41,169
683,936
37,608
;
of Fed,
refund
Post-war
excess
subsidiary,
$2,726,451
Total
f'
Liabilities—
in
Canada
$823,006 in
Dry
1943.—V. 159. p. 347.
Ginger
Ale,
.
•
Inc.—Proposes Issuance of
Share¬
outstanding capitalization consists of 605,157
shares of common stock, exclusive of 10,000 shares of treasury stock.
Union Securities Corp.
and Hornblower & Weeks are expected: to
head a banking group to underwrite the offering to stockholders.
The
dividend rate for the new stock and the price at which it will be
convertible into common stock have not yet been determined by the
directors of
According
Canada Dry.
to the proxy statement, it is; estimated that
convertible preferred stock will be not less
net proceeds
than $4,800,600.
Although the company has appropriated about $1,290,000 for
the purchase of new machinery in connection with the establishment
of additional bottling plants, no specific allocation of proceeds of the
proposed financing has been made.
The new funds realized, together
with other funds of the company, will be used for the establishment
and acquisition of additional plants and warehouses, purchase of new
machinery and plant equipment, purchase of additional delivery equip¬
ment, and expansion of Canada Dry's business in alcoholic beverages.
The funds may also be used for improving existing plants and facili¬
ties and
as
additional working capital required by the company's
growth and resulting increases in inventories and accounts receivable.
expedite the execution of post-war plans for
more intensive service of the retail trade,
To
a
believed
rit
to
warehouse, sites
will be'needed.
be
advisable
now,
In a
to
in his re¬
wholly
Consolidated Balance Sheets
•
receivable™
Deposits receivable on containers returnable by
185,267
120,022
2
after
365,911
334,637
130,167
215,088
132,300
158,240
159,251
505,292
270,378
purchased
bond,
in
delivery
for
Securities
notes
stock),
and
(mortgages
U,
but
contr.
not
of
Dom.
and
tax .credits
■
property,
Goodwill,
:
Total
.
^
V.
V", ■
' ;1. :
payable—trade, etcl---^----;.;™™--.^.
:
Other
-
taxes "l™^™™:™™-™
8,889,193
1
627,530
containers
.
Capital. (paid-in)
'•
surplus
Earned suiplus
—™_-._™™_,_——
stock in treasury (11,000 shs.), at
Common
and
V.
to know
The
volume
serviced
of
business
already
in the areas to be
early construction an urgent
The
Commercial
and
Financial
Chronicle
(Reg. U. S. Patent
to be placed in
"permits restatement of the
per share in lieu of the
$11.45
the company's application said.—
-
granted
an
granted,
within
order
extension Nov. 29 of six months from
among
to divest
-
other
in the exercise of due diligence to comply
period of one year from the date
the statutory
Central & South West Utilities Co.
(& Subs.)—Earns.
1944—-9 Mos.—1943
1944—3 Mos.—1943
Period End. Sept. 30—
$12,726,403 $11,902,007 $35,658,879 $32,395,554
18,205,117
15,951,857
6,243,407
5,637,891
Operating expenses.™_
2,961,706
2,994,274
General taxes
1,039,371
1,029,949
Operating
Drl69,853
revenues
exc.
"Charges
___
taxes-
939,172
737,506
2,358,639
1,887,464
profs. tax____
1,652,519
829,534
4,330,035
2,095,278
_™___™™™_
28,800
538.250
86,400
1,465,750
income™™
$2,823,135
$7,684,414
$8,033,499
income
Federal
in 1945—
designed
delivered
Int.
delivery
Traffic
Earnings—
Week Ended Dec. 7—
1944
1943
earnings
$5,799,000
$6,181,000
—V.
160.
2539.
p.
Co.—Earnings—
Carolina Power & Light
Period End. Oct. 31—
Operating
revenues
1944—Month—1943
-
26,434
$2,837,149
$3,137,182
$7,723,702
$8,059,933
other deductions
1,562,461
1,682,355
4,730,143
5,084,585
income-
$1,274,688
$1,454,827
$2,993,559
$2,975,347
ta'xes
ret.
___
665,288
291,383
™—™—„•
.
__™—
152,505
&
fConsol.
net
"Ip lieu of income and excess profits taxes.
These charges are
equivalent to the reductions in Federal income and excess profits taxes
due to the deduction, for tax purposes in the
1943 periods, of call
premium, discount and expense applicable to bonds refunded by cer¬
tain operating subsidiary companies, and of preferred stock dividend
arrearages paid by a subsidiary company.
(Consolidated net income includes approximately $680,000 and $660,000 in the respective 1944 and 1943 nine months' periods, which could
not be distributed as dividends to the company because of prior years'
arrearages
the preferred stock of a subsidiary company.
on
purposes of comparison, earnings figures published in
adjusted herein to give effect to adjustments of Federal
and excess profits taxes and charges in lieu thereof recorded
Note—Fox* the
Mos.—1943
1943 have been
income
release, of those earnings in 1943.
These adjust¬
an increase of $168,750 in consolidated net income
previously published, for the three months ended
Sept. 30, 1943, and in an increase of $110,250 in consolidated net
income of $2,865,097
as previously published, for- the nine: months
subsequent
of
the
to
resulted
ments
in
$1,286,077
as
approp.
125,000
revenues-
$339,735
$357,529
' $4,109,118
$4,170,827
(nct)™_
4,160
1,703
25,386
28,315
$343,895
$359,232
141,594
1,807
$4,134,504
1,696,969
$4,199,142
1,707,031
107,452
19,914
Total
4,666
55,916
56 247
General
595
34,178
Federal
income
Grass
income
res.
Net oper.
income ;
dividend
1 944—12
$1,681,246 $18,171,321 $17,547,259
715,880
7,147,312
6,279,563
373,702 "" 3,654,001
3,709.662
.109,135
1,760,890
1,887,207
1 25,000
1,500,000 .1,500,000
$1,573,911
expenses
Federal taxes
Other
39,288
™____
(net).,™
income
Gross
will bring to 219 the number of new locomotives
ordered by the road since the start of the war.
Included in this total
are 13 diesel-electric switching locomotives ordered earlier from Amer¬
ican Locomotive Co. at Schenectady, N. Y., for 1945. delivery.-.
Traffic
14,014
$3,128,878
8,304
oper.
Other
Vice-President, announces that 30 steam locomotives
for. a major role in post-war power replacement will be
to this road in
1945 by the Montreal Locomotive Works.
income
ended Sept.
1943.
30,
Gross, income.
——
on
Other
140,875
mtge.,:bonds_:
9,484
deducts.™
int." &
Amort, of prem. on
4,642
(Cry,
chgd. to const. (Cr)
Net
income
Dividends
™
applic. to pfd,
628
$198,806
$220,497
stocks for the period
p.
'
2291.
Capital Transit Co.—Public
$12,500,000 Bonds—
$1,309,880
Company
^
■
whole of an
Series A, 4%,
Publishers, 25 Spruce St., New York 7,
■
—
-
on:
Net
-V.
'
Mos!—1943
18,000
$1,444,663
43,594
6,639
72,000
$1,384,615
'27,171
'
5,796
81,300
,$465,541
exps,™ -
$545,101
$1,322,430
$1,270,348
29,125
:
:■
^
taxes™
long-term debt-
income
m-;
OnljMi:
1944—9
$596,346
13,689
2,454
35,102
$515,442
,
—
admin,
taxes
Company
of
!
2,776
6,960
$458,581
™_.
20,822
______
$545,101
$1,301,608
$1,270,343
160, p. 2180.
.
Invitation for Purchase of
is inviting proposals for the purchase as a
first and refunding mortgage bonds.
Office) William B. Dana Company,
Int.
Central States Power & Light
'
—
Corp.—To Extend Bond
Maturity—
-
issue of $12,500,000
—
$2,562,622
1,252,742
$2,386,594
1,154,208
$1,232,386
Balance
—V.- 160.
income
&
Income
1944—3 Mos.—1943
Period End. Sept; 30—
Gen.
debt
,i: \
;
of
Statement
■
developed
by these new plants makes their
They will add greatly to the efficiency and economy of company
operations*.
In addition, they will lend themselves' to the more in¬
tensive development
of other markets, which should at some later
time also require the establishment of plants to facilitate efficiency
need.
at
entry granted the six months' extension.—V. 160, p. 2398.
its
Neal,
M.
Int.
interest
value
$25 per share,"
was
Commission
the
with
1,470,092
9,598,680
Canadian Pacific Ry.—-New Locomotives
W.
the location of the;plants that com¬
of
intends to construct as . immediately as .possible,'<\ They' are
Washington, D. C.; Portland, Ore.; Detroit. Mich.; Minneapolis, Minn,;
Orange, N. J.; Cincinnati, O.; Cleveland, O.; Memphis, Tend.; Harrisburg, Pa.; Denver, Colo.; Seattle, Wash.; San Diego, Calif.; Baltimore,
Md., in the United States, and Quebec, Calgary, Vancouver, Ottawa,
London, Hamilton and Montreal in Canada.
call a special stock¬
in which to comply with an order of the SEC
properties.
1944,
to
pany
to
decided
The additional $39,900
:
company
Net
Prop.
plant and
directors
without par
stock
applicant has been unable
of
$20,990,831 $20,493,495
increased production
select and purchase its
Special
160, p. 352.
the management has
order such machinery and equipment as
number of cases, the plant sites have been bought
and
Creates
Corp.
properties of Texas Electric Service Co. and Texas Public Utilities
Corp., located in Eagle Pass, Texas, subject to the condition that
water properties so acquired.
Central requested an extension of time of one year within which
to comply with the order, and the Commission having found that the
3,075,785
10,215,018
Drl69,853
$60,000
next,
Central dispose of the
162,311
1,470,092
4,
Jan.
on
things, the application" of
company,
a
subsidiary of Central and South West Utilities Co.
of The Middle West Corp., to acquire the electric, water and ice
Fed.
paid for. In the other cases,; negotiations for purchase are. in
process^' Tjie ,orders for: the: required machinery . and equipment, have
lbnk since been placed, and we should be among the first,,f,o receive
delivery when manufacturers resume peace-time operations,:■
be
cost
Total
Int.
will
.
3,075,785
!
stock, (par $5>
Common
76,514
redemption
Power
the
4,
Dec.
account.
16,
the
2,089,437
2,317,672
for
meeting to gain approval of the plan.
S. Commission's order requires $18,000,000
The
$811,965
delivery after
$3,340,795
1,386,433
itself of certain water
3,068,872
268,215
117,990
307,828
158,151
,_^*..„^™™:_.—™„™—:
$3,247,612
.1,341,836
Central Power & Light Co.—Extension Granted—
8,032,437
1
458,669
,
$878,149
Salaries, wages, commissions, etc._;_™™f.-ur;-.;™
Liability tc customers for deposits on retqmable
Liability for liquor purchased for
meeting
The
2,661,573
;—
™™™--™™™'
foreign taxes on income
S. and
U.
111,820
has
160", p. 2398.
Oct.
'. ....Liabilities—Accounts
$274,877
111,820
P.
common
$20,990,831 $20,493,495
-
-
$275,800
due 1974.
a
The
Canada—post-war
__™__™™_™™™™™™™™„™
plant and equip., less reservestrademarks, etc.-™™
;™___
Prepaid expenses and deferred charges™™.
Total
At
wholly
i.—™_™_™—
sub
Govt,
S.
to
adv.
and
in
1,090,363
special"
former statement of
and
accounts receivable
owned
,
the new
™™__™-_™-
1,258,437
of its outstanding
™-—-
(est.)
customers
953,424
136,359
notified the SEC of its plan to create an
account by reducing by $18,039,900 the
common stock. •;
<The account is being set up to satisfy a condition in the order- of
Nov. 20 of the New York State Public Service Commission, permitting
Central New York to issue and sell $48,000,000 of general mortgage
holders'
"Sept. -30
895,951
York
New
value
bonds,
Liquor
74,096
bonds due Sept. 1, 1972, at 110 and
will be made at the Old Colony Trust Co., trustee,
corporation
surplus
The
5,433,601
accounts
421,319
t4,713
122,012
called
been
"unearned
4,405,458
Sundry
2,189,534
28,393
Account—
450,450
Inventories
2,179,833
Boston, Mass,—V. 160, p. 2398.
Central
1943
receivable (net)--™,
182,682
(nor¬
Payment
Milk St.,
45
$2,377,023
Tax Series "C"—at cost—
182,368
D.
of
tax
have
interest.
stated
1944
of
$7,995,435
and general mortgage 3»/2%
first
Canadian
owned
$3,283,511
and on deposit____«__j_™^™2i
Canada 3% Victory bonds-
107,679
$7,610,226
Partial Redemption—
Sept. 30,
'<."
121,993
$705,229
requirements-
There
amounts to approxi¬
income and is stated
hand
9,487
_™™__™__
income _l™_-_™:v
1,720,000
922,949
Other
and
It
$2.56
1943, $216,269;
whose accounts are included above,
and 16% of the. consolidated net
Operating
Report—R. W. Moore, President,
marks to stockholders states in part:
Annual
$7,488,233
$695,742
37,215
div.
500,000
This
from the new
and
$2.34
,
The
held.
214,789
$7,887,756
excess-profits tax_ 1
765,765
■
stockholders
common
240,941
$654,893
amort,
income
1,041,183
$2,604,655
will vote at a meeting to be held Jan." 8 on
increasing the number of authorized preferred shares from 30,208 to
60,000 and of authorized common shares from 850,000 to 1,000,000.
If the changes are approved, at the meeting, it is expected that 50,429
shares of convertible preferred stock will be offered shortly thereafter
to common stockholders at the rate of one share for each
12 shares
of
1,687,162
17,477
$645,830
9,063
_____
income
of
Net
$2.30
.
1,675,547
137,438
& E.
Pfd,
dollars on. the-basis of Canadian
on
Inv.
New Convertible Preferred Stock to Common
holders—Offering to be Underwritten—
,
v
The
Accel,
Fed.
The
the
SEC
on
Dec.
3
approved the petition of the company
maturity date of its 5%
i~^
N. T.» BEekman, 3-3341. Herbert D. Seibert, Editor
~
to extend
debentures from Jan. 1, 1945,. to Jan. 1,
-jv
otner
and Publisher;
per
year;
South and
Central'Aiherlca, Spain,
ations In the rates
Mexico and Cuba, $29.50 per year;-Great Britain, ContinaataL
foreign subscriptions and advertisements must be made
of exchange, remittances for
,
150,344
™_—™————™—
and
1944.
'
20,036
mal and surtax)
$1,578,049
604,157
company's
the
of
income
net
Notes, drafts and accounts
■■•
—.&': $2,726,451 $2,604,655
"Represented by 98,318 shares at Sept, 30, 1944, and 97,130 shares
at Sept, 30, -1943. of which 500 uncanceled shares were held in the
treasury on both dates.
(After reserves for deoreciation of $867,760
;
1944—12 Mos —1943
141,389
income-..™
Deductions
1942, $25,731.
credit of $28,829 in 1244.and $28,378 in 1943.
U. S. Treasury notes,
expenses
Total :
17%
S.
Dominion
;
$254,591
$191,417
———™,™-™™™44.504 .-42,562
Federal taxes on income—
—™:
54,233
89,502
For
prior years —™—6,000
28,609
"Capital stock, no par value
1,676,050
1,632,000
Earned surplus
691,073
, 620,565
Accrued
U.
Cash
payable
Accounts
•'
:
108,054
$1,434,597 $17,285,659 $16,932,536'
583,940
7,869,323
7,154,444
687,544
.
-
oper,
Gross
official exchange rates. The above summary includes provision for depreciation of buildings,
machinery and equipment in the respective amounts of $525,574 in
1944, $608,43.1 in 1943 and $601,919 for 1942.
■
.,
1,100
1
24,300
profits taxes—
goodwill——.—1
Brands, formulae, and
Earnings-—
$934,786
(other than
Non-oper. income
697,695
$1,440,613
' 362,494
1944, $206,085;
post-war credit,
/(Less post-war
698,099
40,582
Prepaid expenses
expenses
lease
Fed.
$1,411,929
604.157
Earnings-per.^share__.^;__;_i—™_™
.
subsidiary——I—
■(Property, plant, and equipment, at cost (net)
capital stock of
in
108,054
for
stocks
.
'
under. Portland
Net
$2,993,108
567,020
$4,296,728
$3,938,882
Net income V——I———-——'
Assets—
cost or market-™-
Investment
447,082
—™_™———
Inventories, at the lower of
™,
Dividends
$279,001
60,062 -
$407,635
60,062
cost, plus accrued int.
notes receivable (less
for losses)
RR.
10,296,756
1 0,237,537
11,677,340
"Net before taxes—
•
473.827
1,014.864
37,118
allowances
-.
..'D.
1943
1044
.
period
236,490
231,832
$694,772
income)___„
Fed.
$3,019,340 '
• 10,876 V
15,556
.
and demand deposits
hand
on
-19,182
1944—Month—1943
™_
Rental
2—_——_™™—._™;.
Sept. 30
Assets—
7,584
$1,170,276
$51,612
$1,494,799
___
Total taxes
$3,943,648
$4,312,039
Interest'v%_t:rL;:±:_^™™——_™™_ /
9,057..,. 15,3U,
Other deductions ™—Ui™__—__—708
income-
income
mately
$2.26
.
Balance Sheet,
Cash
expenses
»
_
Notes—The
96,630
98,318
share™,
per
"Includes
pfd
to
Operating
$2,987,358 1
31,982
in
stock
cap.
-standing
$839,091
193,854
30—
Sept.
Surplus,
and
™™—™'
gen.
credits
"Less
$813,825
—™
9,486
$926,604
20,123
Central Maine Power Co,
46,513
'
$884,928
„™—
applicable
$1,162,692
253
,
$42,366
.
™_™_
™™<
Operating revenues
$4,265,526
'
'
$917,118'
$70,794
531
..
..
38,303
16,995
3,132
$70,541'
$61,961
$62,492
charges
Dividends
69,690
r
t
40,750
504,757
41,300
(net)™™
Net income
240,386
130,964
$228,387
"365,128
;
413,890
487,358
income
Interest
10,386,709
'
490,000
profits;.tax1,689,000
.2,115,000
Foreign inc. and excess profits taxes
284,954 -'. 7251,115
~—
;
454,050
1,073
income
Grass
$23,670>23
"Federal excess
138,620
Prov. for Fed. taxes™.™
33; 764
revenues-
oper.
Other
1942
'
Federalvihcdme". taxes™—553,000
Loss on receivables and
inventories
L.:!-™
Insurance
distribL.ahd
operating
Gross
operations^
Years End. Sept. 30—
Profit
625,510
36,708
;
'
Net
$3,878,958
Net
Income
California Ink Coi., Inc.—Annual Report—
^
t
administrative
1965.'
p.
taxes
$1,135,125
$1,296,889-
•
V-V.
'• " 1943
1944
'
.Net;"salesA——. $31,508,266 $30,336,128
Cost -of; goods (sbid™A:_2:J—™™—
15,951,968 15,833,065
excess
1,131,079
,
1,262,280
-
3,389,931
45,400
investments
Sept. SO, 1944
Consolidated income Account Years Ended
$2,573,017 ' $2,921,765
Fed.- taxes- on
for
income
,
;
$6,396,531
284,713
80,095
Period End. Nov. 30—
$178,444
'™_V
deductions
Income
Prov.
$2,551,820
2,262
,
"•*; 742,012
•,
«
-
776~028
$246,012
,
1,539/
income •;( net).;™
'
.
revs.™-.;—
oper.
Oilier
/
Crll8;282
33,558
24,360
Non-utility costs & exp.
$478,300
264,703
;
taxes
Prop, retir. res. approp.
Amort, of limited-term
products in Cuba
United States and Canada.
Columbus, Ohio, which the company
purchased in October, 1943, has afforded some interesting
experiences * in
an operation involving only one
of the company's
several'products.■'Spur is a Cola beverage, the manufacture of which f
company has licensed to local bottlers in many parts of the country.
The experience, of the company in the Columbus, operation has made
it possible for. company
to accumulate many helpful suggestions for >
the benefit; ol-ifcs licensees as well as itself.
Spur already has a high >
place among;. Cola beverages, and a contipuation of its growth after
the war is anticipated.
'•
!: The prospect's "of-, the company' with respect to its' alcoholic beverage ,
business" make/It .advisable" for the company to consider expansion in
this field''as"well as Jn-that, of carbonated beverages.
T
company's
that
are
,
*
,
Other
Indica¬
business was secured.
large increase in volume of
the public demand for
very
-
$5,760,552
3,015,700
$485,840
Operating revenues
Federal
*
1944—12 Mos.—1943
1944—Month—1943
Operating expenses
.
267,143
'
(other
Taxes
$7,079,478
156,478
168,793
deprec.'—
than Fed.)
Prov.', for
.
$6,710,281
312,257
$563,706
24,112
,,
.24,097
!
__™™
exps.™™™
oper,;
Central Arizona Light & Power Co. —Earnings—
comparable to that experienced in the
The plant of a former Spur licensee in
is
Central
Period End. Oct. 31—
,
$494,128
■
revs.™™™'.
oper.
Maintenance
1944—12 Mos—1943
1944—Month—1943
31—
a
tions
Subs.)—Earnings—
•
Period End. Oct.
to grow..
Such proposals will be received by the company at
Hanover Bank & Trust Co., 70 Broadway; New
(EWT), on Dec. 18.—V. 160, p. 2179.
1964,
1,
A,
15, N. Y,; up to 2 p.m.
York
that war¬
conditions-did .not
the plant of a former licensee in Louisville, Ky.,
the acquisition of which has made if possible to render a more thorough
and
aggressive 'service to the trade in that part of the country.
Although' the'-*plant in- Havana, Cuba,' was purchased late in the
previous year,1 it is not out of place to refer to it here as a new plant.
This is the first full year of operation under company's management,
permitting abandonment, as
The ICC on Dec. 2 issued a;'certificate
interstate ,and foreign ccmmerce, by
line
,:
the year just passed, you will note
entirely rule out the opportunity
•-Further "ii'i Tegard -to
time
'
■
Room
,
Company: purchased
RR.—Abandonment—
California Central
the
Dec.
due
service.
The continuation of such a procession of events forms,
direction'in which the company is looking toward the future.
and
It is expected .that a
to -working', capital.
added
be
will be-made through a group of underwriters
Ripley; & Cot, Inc.—V. '160, p..2397'. ' ' '1,1
'
2643
CHRONICLE
COMMERCIAL & FINANCIAL
THE
.Volume.'1601 Number 4343
-
Europe (except Spain), Asia,
in New York funds.
Australia and Africa, $31.00 per year. NOTE: On account
of the fluctu¬
■«
The
1946.
of
terms
Wilmington,
at
Court
plan.
extension
the
See
of the
system.
proposal
Conn.—To Redeem All
Preferred Stock and $250,000 of Debenture Bonds
^Federal
stock
Dec.
voted
30
poration,—V.
155,
Interest
long
'
...
Company
Ry.—Files Brief With Supreme
238,062
$1,342,337
57,995
115,110
183/647
I.
$433,508 v
" $0.33"
normal
Federal
and
tax
income
$1,158,1690 /
$476,510 ' $1,192,666
$0.39 '*
$0.96
surtax
""
A
•
.profit$186,834
shares outstanding—',-. •;
374,518
per share,———
'
$0.50
•Net
Earnings
"After
and Federal taxes,—V.
charges
J
159,
2632,
p.
1.
1942
the
The
Court
Supreme
declared
5
is
v;y
v
-
Higher—
■
Refunding Mortgage 3%%
and
The
"
Bonds—
Calls 5%
"
'
$40,000,000 outstanding 5%. first
surrender
of
Holders
of
for
interest
P.
135
V.
•
-
Division
time
some
to Jan.
which
bonds
mortgage
2299).—V.
p.
160,
1944.
Distributions of
The
2398.
and
of
and Sales Promotion.—V.
Commission
Ohio
domestic "sales
The
for
tNet
share-
common
per
335,320
———
Corp,,
subsidiaries.-
.
of operations -of all foreign subsidiaries are excluded.
provision has: been made for the possible liability in connection
with certain patent litigation decided adversely to the domestic sub¬
sidiary sales company as no damages above a nominal amount are ad¬
Note—Results
1181.
160, p.
. i;.'I
*■'
ivl
,
■
■
V
-
.
:
-
Dec.
Lines—Hearing
Surface
of
Igoe has continued hearings on the reor¬
ganization plan for the Chicago Surface Lines and the Chicago Rapid
Transit Co. until Dec. 19;
Objections to the plan were filed Dec. 11
which will be discussed at the hearings Dec. 19.
v
One of
the
the plan
and
stockholders,
the
of
new
that it
company,
nor
its
to
exhibits
sented
delay
been
but
and
Judge
transit
the
of
briefs
all the facts for
presented
been
Co.,
it termed
"It is
part
a
Surface
Lines,
belief that before this plan
our
and
it
plan
a
should
finally
be
to
standing
bonds below 5%.—V.
160,
Profit
•»
.
'
.
(& Subs.)—Earnings—
Ended Sept. 30—
1944
1943
af^^tiarges—- :;,'j$581,723
Income
;u'u<
Net
excess
nptaur.
of
per
—V.
p.
160,
fJ
'
••
515 176
;
A———Lr.
"
.
$274,963
$372,468
256,931
260,131
$1.07
$1 43
!i'—L-
share—;
1292.
$887,644
306,760
■
shares—1
common
Earnings
profits taxes-,.
.1.
-t:L—
'Profit1
Number
and
r','
/) jJ-j.
Vjv;;
Cities Service Co.—SEC Approves Advances—
SEC
The
in
the
Dec.
5
certain
amount
an
that
on
to
advances
not
advances
issued
Fuel
exceed
might
be
Co.,
Cgies
made
in
form
of
a
guaranty
Oil
Oil
Service. Gas
Inc.,
Gas
Sixty
Co.,
Co.,
Wall
Cities
Co.,
advances may be made are:
Oil
Service
Service
Richfield
by
Cities
•
When this is done,
Ltd.,
Corp.,
Street,
Co.
(Del.),
Empire
Natural
Penn-York
Gas
Natural
Chesebrough
Service Defense
Synthetics,
Total
New
Stock
York
first mortgage
of
199,358,000
+4.5
199,516,000
189,340,000
495,752,000
+3.4
+0.7
+0.5
3%
the listing
bonds, series L, all of which
of
are
Service
Co.—Bonds
Placed
Pri¬
vately—Central Republic Co., Chicago, announces the
private placement of $6,000,000 1st mortgage bonds se¬
ries A,
3% due 1969.
The proceeds will be used to Re¬
deem existing bonds—V. 160, p. 2181.
147, p.
Conde Nast Publications,
Cities Service Oil
Pipeline
Co.,
Pipeline
Gas
Co,
Corp.,
Building
Co. (Pa.),
Arkansas Fuel Oil
of America, Cities
Sixty
Co.,
Wall
Texoma
Tower,
Inc.—Offering Withdrawn—
special offering of 10,000 shares of stock made Dec. 5 by Gold¬
Natural
No.
profit
of
—
common
Earnings
•After
per
shares.
Note—Prov'sion
months
of
$0.04
and Federal taxes,
for
Federal
1944 and $55,000
$7,575,865
5,780|567n 05,540,089
6,214,710
$2,061,070
$2,024,777
74,444
81,534
78,658
$2,135,514
171,376
$2,106,361
$2,114,434
Total
income
net
r
$2,096,168
$2,035,776
fund
216,838
196,594
241,459
$2,306,890
$2,302,955
—____
$2,313,006
1,164,416
1,164,416
1,164,416
$2,355,893
1,237,192
$1,148,590
$1,142,474
$1,138,539
$1,118,700
145,552
145,552
145,552
145,552
Transfer from res.
Total
Dividends
■■t
"
Plant and buildings, re¬
newal
fund
stock
of
out¬
($100 par)--
share be¬
and build¬
per
plant
/
Comparative
Balance
Sheet,
Sept.
etc.
$14.53
30
1943
$23,762,464 $23,642,105
—_—
2,563,925
Materials,
etc.
Cash
;
-—
■
1,802,934
due)__^.
24,426
99,546
(not
interest
Accrued
287,063
829,485
receivable
Accounts
2,031,870
1,673,190
134,052
investments
Other
1
1944
Assets-
Plant,
.
$14.47
$14.66
$7.90
ings, renewal fund___
I
.
875,145
22,793
123,153
$29,087,089 $28,785,062
fund
taxes
totaled
Reserve
for
1943.—V.
$0.12
the
p.
145,461
'
$29,087,089 $2$.78$,062
Total
—V.
158,
2578.
p.
(The)(''j(prpssJCo., Detroit—5% Stock
'j ryhe-directors'' on'Dec.
mo'n
payable
stock,
distribution
1943
a.
was
on
the
made on
Cork International
directors
$1
cents,
$4.50 per
Dec.
on
record Dec.
1
and Dec.
18.
Oct,
and
were
made:
30,
20
the class "A stock as of Jan.
share. —V. 160, p. 1182.
Sales
p.
2069.
1, 1945, will amount to
Co.- -November'Sales Increased 7.16%—
:—,—
160,
Corp.—30-Cent Dividend—
declared a dividend of 30 cents per share
stock, no par value, payable Jan. 2 to
Payments of 25 cents each were made on
2, this year, while, in 1943 the following
April l and July 1, 10 cents; Oct. 1,
cents.
on
Crown Drug
—V.
11
class A
cumulative
Arrearages
nine
20 to holders of record Dec. 30. A .similar
Oct. 20, last. In each of the years 3942 and
pa^m^n/t.of 5 cents in cash was made—V. 160, p. 2540.
holders of
1182.
pistriioution-^^
12 declared a 5% stock dividend on the qom-
Jan.
Period End. Nov. 30—
160,
291,104
144,577
& Ontario Gov. tax
496,173
291,104
—
for exchange, ,Domin,
Prov.
8,951,133
424,437
dividends-^
for
4,345,992
9,542.616,
—,
payable
Accounts
15
1944—9 Mos.—1943
$217,584
$192,270
1,590,596
1,590,596
$70,000
4,129,154
Renewal fund
1, July
disbursements
$0.04
$0.13
but before depletion.
for like period of
$14,555,200 $14,555,200
stock
Reserve
April
160, p. 2540.
1944—3 Mos.—1943
$72,208
$72,961
1,590,596
1,590,596
share
charges
349,401
11,577
78,312
Crown
Consolidated Coppermines Corp.—Earnings—
•Net
1,678,039
$7,805,344
$8,275,780
$8,387,429
earnings-
■ <
358,448
11,370
■"
$2,017,856
531.
Sachs & Co. has been withdrawn.—V.
Period End. Sept. 30—
3,812
6,369,573
The
The
1,471,009
435,128
4,623
Liabilities-
kilowatt hour output of electric energy of subsidiaries
of this corporation adjusted to show general business
conditions of
territory served for the week ended Dec. 7, 1944 amounted to 2.69,488,730 as compared with 257,292,402 for the corresponding we felt, in
1943, an increase of 12,196,328 or 4.74%.—V. 160, p. 2540.
See Boston & Maine RR.—V.
1,418,500
" 316,303
$.180,issued
weekly
Public
1,423,617
Prepaid taxes and insurance-,.
Commonwealth & Southern Corp.—Weekly Output—
Community
1941
$5,536,848
and taxes—..
Capital
:
1942
$5,964,516
Interest earnings
outstanding.—V. 160, p. 2540.
The
1943
Net oper. income_____
■
.
208,424,000
Toronto—Earnings—
revenue.
gross
Earnings
% Change
1943
Exchange has authorized
5% bonds due June 30, 1956,
30, next, at 100 and interest.
$6,418,340
produced
expenses
'
;
196,638,000
Dec.
on
Prod., distrib. and admin.
.
digest of
a
206,377,000
190,696,000
—
;■
of^_
Empire Gas &
Corp., Cities Service Refining Corp.,
Inc.,li(Tampico Texas Petroleum.;,Corp., Sinclair
Panama
Oil
Corp,,
and
ties Service Transportation & Chemical
Corp.—V. 160, p. 1732.
Rubber
,
x——
——
—
000,000
and
man,
companies to which
Cities
Co.,
Corp. into a single class
Shares
—
mortgage
,
pres¬
subsidiaries,
Service Co.
The
the
:———
———
—
,
.
$6,642,885
-
Miscellaneous
re¬
the Commonwealth Edison group of companies,
—
:
1944
30—
Merchandise sales—L—
said:
■'
——
Sales—
Illinois—Bonds Called
first
of
for redemption
sales
Residuals
,
Concord & Portsmouth RR.—Sale Authorized—
order
permitting the company to make
principally oil companies,
$12,000,000.
The order further provided
an
non-utility
to
;
proposed in the corporation's outline
was
called
Consumers Gas Co. of
kilowatt-hour output totals of the past four weeks
—:
18
The
2399.
p.
Chicago Yellow Cab Co., Inc.
Federal
8,
1942,
$4,269;
1944—11 Mos—1943
$1,846,684 $19,222,289 $17,666,039
■:...;
•
$73,000
of
Years End. Sept.
Rapid
.
Mbntlis
■
Listing of First Mortgage 3% Bonds, Series L—
to
lieT
9
respect
: ;
,
1944
2—
Nov.
(1) giving class B bonds
Transit first mortgage bondholders and
Surface Lines first mortgage holders;
(2) no sinking fund is provided
under the plan for the B bonds;
(3) cutting the interest rate on A
equal
with
at their meeting held today,
(Section 11 (b) (2).
the
Nov.''25
objections of the committee include
Other
of
9
Dec.
the
submission
for
which
160, p. 2292.
are
(excluding subsidiaries)
Cuba
fill be made at the Continental Illinois National Bank &
Trust Co., corporate trustee, 231 So, La Salle St., Chicago, 111.
The
iunds for this purpose were received from the sale of properties re¬
leased from the lien of the mortgage.—V, 159, p. 1757.
>
percentage comparisons with last year:
Dec.
committee of the Chicago
presented a number of
is too far crystalized the other
into
brought
emerges
Dec.
Week Ended—
deliberations, so that
the security holders
will be the joint product of all concerned," the committee stated.
when
reserved
.
of integration and simplification under the Public Utility Hold-
Following
of
1942
$326,525
1943
$859,306
1944
$831,325
.
taxes
Payment
the three classes of-preferred; and
of
Electricity output of
"suggestions" rather than objections.
authorities
public
the
of
be
jurisdiction
\
total
A
have been
excluding sales to other electric utilities, for the week ended Dec. 9,
1944, showed a 4.5% increase over the corresponding period of 1943.
unavailable
its official revue.
Counsel for the first mortgage bondholders'
Railways
what
had
case
this
that
replied
Igoe
that
".'v.'
160, p. 1629. ;
fore
information would be pre¬
to him, adding that he could see no reason why the SEC should
the case at the present time instead of waiting until it has
him,
,
1944—Month—1943
Consumers Co. of
Power Corp., Servel, Inc.,
Power Co.,' United Corp.,■,
Wood Coal Co.", Wooster
Commonwealth Edison Co.—Weekly Output—
a program and that the security un¬
the proposed $45,000,000 first mortgage series A bonds is in¬
definite.
The SEC representative complained that as yet many of the
.
quarter ended Sept, 30, 1944 was $75;
1943,
after charges and taxes.—V. 160, p. 2399.
standing
derlying
various
Miami
stock of Columbia Gas & Electric
public."—V.
does not set forth the modernization needs
the amount of additional securities which
be required to finance such
may
Co.,
considered the report of the Stone & Webster Service Corp.
management's report, presenting their recommndations
simplification
l
(& Subs.)— Earnings-
Railroads
$2,132,821
—V.
provisions will be issued in the form of a Shareholders' Letter to
security holdings as well as for the information of the general
its
.
Consolidated
of
Sales
-
Company Act
cial
objectors, the Secui'ities and Exchange Commission, stated
does not provide for adequate classification of creditors
that
'
at the hearing before the Securities and Exchange
Commission on June 15, last.
"On Nov. 30,
the Securities and Exchange Commission issued its
final order and
opinion with respect to the geographical provisions
(Section 11 (b) (1) of the corporation's plan.
."Within the near future,-it is expected that the corporation will
file with the Securities and Exchange Commission its plan of finan-*
Judge Michael L.
1
.
Period End. Nov. 30—-
Argo Oil Corp., Bridge Gas
Columbia Corp., Dayton Power &
Viking Distributing Co.-
stock,
'■
loss
the
for
the
common
system in northern
Quarter Ended Sept. 30—
profit after charges and
Net
operations of
the
•
Crocker, President, on
common
its plan
19—
Federal
,
as
ent
Reorganization
on
ordered
reclassification
the
ing
Chicago
and
well
as
for
" '
.
2400.
Virginia State
Pennsylvania,—V. 160,
...
.
' :
y
•
•
'
affiliate company, at the Pennsylvania-West
an
Net
Electric Co.,
"The directors of this corporation,
ceived
No
mitted—V.
Co.,
Gas
.
of these transactions is to effectuate the consummation
State's program for the construction and acquisition
the system of Hope Natural
transmission facilities connecting
Consolidated RRs. of Cuba
»
...
direction for a distance of ap¬
Pa., in a northeasterly
the books of the vendor.
York
$3,739,
Recommendations Considered—
realized profits on sales to foreign
flncluding
shares,
;
Electric
.
to/ acquire from Peoples a certain
proposed to use $804,860
the company to dis¬
limit
corporation
Development Co.,
Commission
Stuart M.
•On
that
Works &
<fe
follows;
as
issue 9,100 shares of common stock
$910,000 cash, of which amount New
Consolidated Retail Stores, Inc.—November
companies:
Gas
to
for
June," 16,
on
•
-
order directing
an
summarized
are
proposes
line with the New York State
retainability by Columbia of its interest in the following named
mission
$1,882,806
$4.04
$1,509,657
$2.95
profit
'■"'Earnings
stock
order
an
by. Consolidated
Consolidated
purpose
New
■Gas
.•■■■'■; " ■'',
Big Marsh Oil Co., Amere Gas Utilities Co., Atlantic Seaboard Corp.,
Binghamton Gas Works, Eastprn Pipe Line Co., Home: Gas Co., The
Keystone Co., Virginia Gas Distribution Corp., Virginia ■ Gas Trans¬
Sept. 30—
1944
1943
charges___„__„__.A„_i.._^——„ $14,195,657 $13,752,806
est.
reconv.,
renegotiation, Federal
:
contingencies---———.—
12,686,000
11,870,000
and
State
to
State
of direct
Companies and Properties Owned
Supply Co.
.-companies:
after
tax
the
issued
9
.
filed
Sept. 21. 1942.—V. 160, p, 2399.
on
Harrison
to the
company)
9 Months Ended
Prov,
made on
were
Supply Co., Union Light, Heat &
Electric & Water Co., ;Inc.,
Fuel
West
Chicago Pneumatic Tool Co.—Earnings—
Profit
cents
ordered
Water
Miami
Light Co.,
.
Tool &
(Including
York
par)
The
of certain holdings.
Co.Cincinnati
Vice-President in Charge of Merchandising,
Manager to Vice-President in Charge
160, p. 2292.
y
;
;
to
Manager
Dec.
on
transactions
The
of
holding company system by severing its relationships with the fol¬
American
George Cullinan, from Sales
Advertising
each
issued
30
Nov.
on
lowing named
has been elected Chairman of the board.
The board
the promotion of Eaton B. Lloyd, Jr., from General
announced
Merchandise
President, succeeding Edgar L.
elected
Jackson has been
Robert ;W.
SEC
The
l
its
also
cents
quiring Divestiture of
or Operated—
pose
Schnadig, who
SEC
declaration
.
carried on
as
p.
20
provided.—Vr 160, p. 1966,
purchase price of $804,860 represents such original cost less accrued
depreciation.
It is further stated that New York State will record
this property and the related depreciation reserve in the same amounts
Columbia Gas & Electric Corp.—SEC Issues Order Re¬
England Trust Co.,
notice of call, see
Chicago Mail Order Co.—Changes in Personnel—
:
payable
that
June 18 and Dec. 24. 1943. as against 25 cents on Dec, 18,
on
was inaugurated for
followed on July 1, 1944-.
plan and "now pensions
plan
insurance
group
a
proximately 90 miles to a point in Hebron Township, Potter County,
Pa.
The application states that the pipe line is at present carried on
the books of the vendor on the
basis of original cost and that "the
share
per
under the plan
1942. and an initial of 10
called
were
bents
19.
last, and
payment on Jan. 1, 1945, at 105
full redemption price thereof
1945, by surrendering said bonds to
1,
p.
Dec.
of the
Morgan & Co., Incorporated, or to The New
Devonshire St., Boston, Mass,
(For original
159,
to
/■
-
dividend of 20
a
for
ago
obtain payment
may
accrued interest
plus
J.
Illinois
the
redemption
and
bonds..
these
The
,
for redemption on Feb.
has called
company
stock,
however,
issued
not
1, next, all of the
and ref. mortgage gold bonds, series
A, due Feb. 1, 1971, at 107y2 and interest.
Payment will he made*
at the office of J. P. Morgan & Co., Incorporated,
redemption agent,
23 Wall St., New York, N. Y.
Holders may obtain the full redemption
price thereof, plus accrued interest to Feb. 1, 1945, at any time upon
The
capital
the
on
provided,
bonds, series of 1974,
33/4%
mortgage
refunding
and
first
009,000
1944,
pipe line, now being operated by New York State under lease from
Peoples, extending from a point near Peoples' Pew Compressor Station.
Dec. 19 to holders of record Dec.. 12,
such dividend with respect to capital stock,
of reorganization of Colonial Utilities, Inc.,.
and Colonial Utilities Corp. dated as of July 1, 1941, before the close,
of business Dec.
12, 1944, shall be withheld for the account of and
paid to persons to whom such stock shall be issued upon surrender of
first lien 5M>%
bonds, due June 1, 1958, of Colonial Utilities Corp.
and collateral trust 6%
bonds, due Feb. 1. 1942, of Colonial Utilities,
Inc., as and when such bonds are surrendered in exchange for capital
stock of said corporation pursuant to said plan, but in 110 event prior
Bonds—
authorized the listing of $40,-
has
Stock Exchange
York
New
declared
6
Consolidated,., and, there
whatsoever to-employees.
obligation
1,
Clarion County,
Dec.
on
"'[-t
approving a joint application
Natural" Gas Co. "and its" sub¬
sidiaries, New York State Natural Gas Corp. and Peoples Natural Gas
■
York
"
directors
insurance
65,
or
"Jan.
($100
160, p. 2181.
The
for the
'
"
pensions for employees on their retire¬
on the lives of the participants is ^in¬
providing for
,
'
Quincy RR.—-Listing of First
&
covered.
•
New
•
Colonial Utilities Corp.—To Pay 20-Cent Dividend—
Chicago, Burlington
five
/
.,
be
years
will
employees
worked
have
•
additional life insurance are
and
$8,999,840 $89,277,796 $81,490,079
$10,229,123
to
\
-
Consolidated Natural Gas Co.—Pipe Line—
1944—48 Wks.—1943
1944—5 Wks.—1943
Period End. Dec. 2—
Sales
—v.
bring
;
must
employee
*
v
1943.—V. 159, p. 1757.
3. 1944, and on July 1,
..
by inclusion of" some women employees" ftrthe
Jan. 5 to holders of recordshare paid on this issue'on .1
compares
corporation's
the
ah
ages
cost
no
On
Co.
next month on the
question of whether the State of Georgia should be permitted to
such a proceeding in the Supreme Court.—V. 160, pp. 2398, 2292.
at
of
400
over
approximately 825 male- employees. "This was
dividend of $1 per share on the
a
par-value, payable
with $2 per
no
This
Colonial Stores, Inc.—^Sales Continue
the brief filed
from
and
argument early
hear
will
8
Dec;
seven
Dec.
on
stock,
20.
Jan.
is separate from that
"Nickel Plate"
and
O,
C. &
southern railroads
by the other northern railroads.
by
directors
The
common
Dec.
Introduces * Pension
A-The entire .cost of ..the, plan is vbeing. paid by
■ $156382
" 397,207 '
$0.39 .
Colonial Ice Co., Greensboro, N. C.—$1 Com. Div.—
t f
of
eligible,
addition
and
the case
brief of
The
—
cluded.
' V.
present time:
filed
Corp.
"•
corporation.
In
$0.45
_
a
Weinstein, Pvesident, announces the introduction of a Pension
for eligible employees of this; corporation.
The plan pro¬
for inclusion of both men and women, and it is expected that
be
To
and excess profits'
$168,202
' 374,518
Common
last jyear,
Plan
total
a
$0.96
"
1943
1944
•
of
M.
Trust
tApplicable to City Stores Co.—V. 160, p. 2292.
6 Months Ended Oct. 31—
Plate" in their brief do not deal with
on the facts since these are not in issue at
Their brief takes the position that the matters of
which Georgia seeks to complain are matters fundamentally within the
exclusive
jurisdiction of the Interstate Commerce Commission and
that therefore the proposed proceeding should not "be entertained by
the Supreme Court. V
•
of
merits
Laundries
Consolidated
co.'s
profit—
share
week
Plan—'
and the "Nickel
& O.
the
220,600,000 kwh. for the corresponding
of 17.4% .—V. 160, p. 2540.
with
decrease
277,774
$1,307,776
10,402
System .output-of, elec¬
for the week ended Dec.
amounted to 188,100,000 kwh., compared with 223,900,000
kwh. for the corresponding week of 1943, a decrease of 16.0%. • Local
distribution
of
electricity amounted to
182,100,000 kwh., compared
•
100,902
City & Suburban Homes Co.—Earnings—
and brief in opposition to the request of
the State of Georgia for leave to file
a complaint iri .the Supreme
Court
against a large number of southern and northern railroads,
charging them with having maintained discriminatory freight rates
prejudicial to the State and its shippers. .
the
that
and purchased)
(electricity generated
ment
their separate return
The C.
•
,
$534,505
.
$443,910
per com.
''Includes
11
Dec,
'
"
obligations
Consol.' net
New York, Chicago and St. Louis RR.
(the
filed in; Washington with the U.. S. Supreme
the
and
—
parent
on
term
taxes (est.).
"Nickel-Plato"')
$1,832,207
1,196,800
announced
Dec,, 13
.on
company
1644,
10,
vides
•* V
'
.
Court—
Court
The
loan to the Reconstruction Finance Cor¬
Ohio
&
(est.)—
Net profit from oper.
Earnings:
Chesapeake
Consolidated Edison Co. of New York, Inc.—Output—
+
•
1944—9 Mos—1943
$5,867,038 $4,767,811
4,321,200
3,147,700
1944—3 Mos—1943
$2,325,755
1,785,300
I
96,545
profit
interest
minority
a
914,
p.
■
to
at $10
30,
its $1,000,000
paid off
pany
Nov.
on
of
as
net
taxes
Proportion applicable to
redeem all the outstanding pre¬
share.'
'
,
The directors also voted to redeem $250,000 of 4%
debenture bonds
as of Dec.
30.
It was announced that during 1942 and 1943'the com¬
directors
The
621.
p:
City'Stores.Co. (& Subs.)—Earnings—
Period End. Oct. 31—
Cheney Brothers, Manchasler,
ferred
160,
tricity
Consolidated
of
Corp.—V.
Service
Public
Missouri
■'
is a step in connection with the liquidation
company which is part of the Ogden Corp. holding company
—V. 160, p. 2291.
'
The
City Light & Traction Co.—Proposed Sale—-•+
requested the Commission to apply to the
Del., to enforce the provisions
also
company
District
Federal
and
Monday, December 18, 1944
CHRONICLE
THE COMMERCIAL & FINANCIAL
2644
1944—Mohth^wl943
1944—11 Mos—1943
$1<007,697:'*t $940;288 $10,064,400
$9,359,022
Volume
Cuba Northern
1943 < .'
1944
Quarter Ended Sept. 30—
1942
<
*$112,229
" *$31,587
$132,628
tNet profit after charges and taxes
*Loss;
f After taxes and charges,
including interest on funded debt.
at" rate specified in transitory * provision of
the Constitution of the
Republic of Cuba, which is less than the coupon rates,—V. 160, p. 2400.
Cuba RIt.—Earnings—.
1943
$895,162
.1944
$698,772
*
>
Dec.
indebtedness
bonded
on
has
$442,493
Sugar Co.
Cuban Atlantic
—V.
from
Income
of
Cost
Other
and
'
8,156,175
Other income
$l,8i9,805
7-3,047
Total
income'-——'-'
exchange & disc't.
Int.,
$6,801,254
105,837
$1,029,273
$4,972,282
78,030
86,889
and
other
131,816
113,156
116,835
Prov.
income
& Cuban
for
Prov,
2,473,373
profits taxes
contingencies
Miscellaneous
,1,381,228
"4,262
*8,073
—A'" '/ ' 1,213
534,602
350,000
expenses.
'
.444,152
*12,000
' ■".——a,1
Fed.
the
for
Profit
Dividends
year-
paid——*
$3,724,514
2,187,000
UEarnings per share on
common
stock
729,000
Balance
Consolidated
-
and
.
first
will
be
of
:
Redemption—
Stock
A
Total
"To
company
purchased Jrom
Corp.—Earnings-
Feb.
to
share
—V.
Mos. End.
Sep.
after charges and taxes.,
common ..share—
160, p. 2541. .,
*'
there
30,7'44
$168,450
—
$2.32
per
of
Feb.
at
pe?, -share upon
shares for
$6.50
B
class
Year End.
at
common
t
evce<tf?'profits bracket.
■.
%'A
stockholders of Lackawanna RR. of New Jersey will vote -611
merger plan Dec. 28.
So far 68'>• of that line s stock has been
rtteiW
of the-merger, Mr. White said.—V. 160^j?. 2400;.
nJ (he
The
,he
on
Dec.
Corp.—Merger,Ratified—IT(
plans
12 approved
S254,1:, '-I;,,
■
(
;!60,
166
doUodrria-b
•
Corp.—November Sales 'Rose"!2.7%'—
1944—Month—1943
• 1944-rrIl MpS/rrl943
$2,628,741 $2,332,371 $26,936,978 $26,399,360
corporation (including the A. S. Beck chain of shoe stores).
Diamond Shoe
Period End
5ales
—
Sales of
-V.
160,
p.
Nov. 30—-
2069.
cancellation.
year. ;.
,;■*• !
following directors also
Period End. Nov, 30
—-V.
160, p.
Dixie Fire
Holt.
$558,480
1944—4 Mos,—1943
$2,532,387
$2,125,692
2070.
1038.
*
.
dividends
the
March 31 and July 15, 10 cents
follows:
as
1293.
*
473,746
—————
Depreciation-
—
$5,058,077 $68,954,692 $58,443,288
1,929,258
26,417,205 20,979,634
338,T-i7'
4,649,508
3,670,269
-433,987
5,435,463
5,228,310
2,547,897
—_
'
Mo intenance
1944—12 Mos.—1943
1944—Month—1943
$6,620,865
revenues———j
512,157
acquisition
plan
v
_
68,592
Federal
income
taxes—
161,508
12,173,966
581,620
11,036,882
16,151
1,173.445
972,635
adjust,
"Charges in lieu of Fed¬
eral income
taxes——
*
.
-
2,091,177
—
'
Other
taxes—
Net oper.
516,280
$1,328,750
Balance
$980,105
1*19,721
$13,349,818 $11,545,728
1*838
73,343
11,083
$1,309,029
revs;.:——.
Other income
4,683,8'75
5,393,020
387,193
—
$979,267 $13,423,161 $11,556,810
(net)—.
________
:
—
388,936
317,283
4,261,264
3,863,815
—$920,093
Balance
$661,984
$9,161,898
$7,692,995
2,264,865
2,144,611
6,897,032
5,548,385
dividend
Preferred
requirements—
Balance
'
——
Balance
Balance
applic.
of
subs., inch
as
$5,530,819
$6,882,268
$5,530,819
49,999
72,390
110,227
207,092
Public
Engineers
to
above___:^__—
as
from
_-
deductions above:
dividends declared———
Preferred
Interest
applic,
earns,
Service Co.,
Earnings
17,566
$6,882,268
Public Serv. Co.
to Engineers
14,7*64
/
applicable to minority interests.—
Amount
■_____.
:
49,999
63,650
Total
the late Clvde
1918.—V. 159;
„A,
■
477,414
applic,, to stks. of Engineers P. S. Co.—
Bal.
Divs,
2,193,720
Balance for common stock
and surplus
Earnings per share of common
Total
stock-—
——
■
the
revenues—
to-serve
annual meeting
Acquisition
three
of
>.*
Inc.—Further Expansion—
expanding Dresser
companies,
nev?
$1.63
tDebit,
,
Industries,
1 Pres!-
to' 13 members, has been authorized b'( Dresser directors.
N. Mellon announced Dec. 8 that the corporation wiT
—
—
1943
$3,930,064
$3,818,687
taxes
256,031
221,667
17,804
2G8
223,090
11,314
138
$3,452,651
2,198,720
$3,328,114
2,256,084
—_:
a
Interest
Preferred
'
Balance
for
dividends
and surplus
r.
dividends—
for common
stock
$1,072,030
SI,253,930
and surplus—.
Earnings per share of common stock—4——a.
acquire
the Day & Night Manufacturing Co. of Monrovia, Calif.,
the Payne
Furnace & Supplv Co., Inc.. of Beverly Hills, Calif., and Kobe, Inc.,
Only)
1944
237,676
taxes
Other
Balance
Inc.,
$3,104,903
$4,438,750
$2.32
Expenses
Federal income
at
$5,360,987
2,256,084
$6,637,470
pfd. sWc. of Engineers P. S. Co.-——.
on
Twelve Months Ending Oct, 31—
'
•
elected
$5,851,560
430,573
$7,114,884
-..
taxes and interest—
Expenses,
"Representing reduction in taxes arising from refinancing.
,
H. R. Drackett, David G, Devore. Sr., Albert E. Heekin,
Ileekin, and James J. Heekin.—V. 160, p. 2070.
,
'
Dresser Industries,
$0.66
;
■
$0,56
dent H.
H^tington Park, .Calif,, through an exchange of stork. The acouisi.tipn^will be effected about Feb. 1, 1945, if approved bv stockholders
qf,
teq.',three companies.
cently authorized
tion
which
of
an
Stockholders of Dresser Industries, Inc., re¬
Inc., to
of
the
manufactures
offer
—V.
is
Inc..
will
which
add
Pumps,
Pacific
160,
p.
the
companies
Dresser
units,"
a.
services
over
producer
Mallon said.
broader
of hvdraulic
diversification
similar
Inc.,
a
and
to
International
The
be acquired
to
Mr.
a
distributors .to
"Kobe,
eaoh of
present
market.
oil pump systems,
equipment manufactured bv
deepwell
Derrick
&
Equipment
Co."
2182.
the
Gross
earnings
*j 944—Month—1943
Operating
$62,449
——
expenses
.
earnings
Net
p.
29,152
$33,297
$448,540
28,297
191,025
171,865
$34,280
$258,349
*-,
1944—7 Mos.—194 3
.
$276,675
2541. ""
Eastern Corp.—5% Bonds Called—
'All
Dec.
of
1,
the
outstanding
convert'ble 5Cf bonds d**iW
redemption on Dec. 29, 1944 at 102 '/a
fR'st mortgage
1938. have been called for
Stock;—-
additional four months in
an
the
stockholders
name
of
the
will
meet
Co.—To Change
Mfirch
13.
1945,
consider changing
the n#fne,;Eureka
to
It is understood that
"name to be adbpted'^rfV.
company.
Federal Motor Truck Co.—Extra
16pmpf,2542,.^t;n;
Distribution— ''
(declared an .extra dividend of.10 cents p^r
share and the regular quaVtw^'dividend of 10 cents per share, both
payable Dec. 23 to stockholders of record Dec *15.
This will bring total
payments for the year 1944 to 50 cents per share, as against 40 cents
-The
directors
on.
Dec.
5
1943.
Larger
$449,874
$62,577
complete
will be Included in the new
in
East Kootenay Power Co., Ltd.—Earnings—
has asked the SEC for
expenditure of S4.000.0QO; to.)$5,
and $6 cumulative dividend preferred
stocks.—V.^
to
Eureka Vacuum Cleaner
13 members.
will complement
"Day & Night
line of gas-fired hot water heaters and Payne produces
steql furnaces and floor furnaces for the consumer durable goods field.
These will supplement products of the Eryant Heater Co., enabling
fho£e of
company
16^/^.^22^4.
$5.50
Increase in- capital stock, to 600,C-30 shares, a por¬
and will be used to consummate the agree¬
-This will expand Dresser Industries,
ment.
The
which
unissued
is
Purchase
Seeks Four Months Extension to
01'
-V: i60,
Insura«ok;£o^New,Secretary—
Pugh has bee&efflectrid;Seere(riL!y to succeed
Mr. nugh hasahd?«^*ithrthe ooompany since
Hirold E.
,
Sales Increased 21,6%
1944—Month—1943$679,154
Sales
*
year:
M.
Period End. Oct. 31—
•fHana Stores Corp.—November
stock
their
100,000 shares of class A common
surrender by such shareholders of
of the company for the fiscal year ending Sept. 30v
3353.178 after taxes. : This is an increase of;i&%'" oVer' the
"""'Products
1stock'holde.rs
25-Cent Dividend
dividend of 25 cents per share on
date.
latter
Operating
three
i.e., New York,
limits'subsidiary, the Derby Oil Co. (See V.
a
$4,
par
Earnings from other, sources
earnings
were*
The
and Lackawanna RR.
■William
White,
President,
The
and 3,140
be paid on the common stock which would reduce the net assets
corporation to an-amount less, than $33,50 per share of pre¬
stock outstanding or $6,229,090
based on shares outstanding
Daniel
approved merger agreements with
Refining
1944-^-11 Mos.—1943
$3,178,882 $39,512,036 $35,838,300
Comparative Income Statement (Parent Company
Co.
Derby, Oil &
'*
.
Drackett Co., Cindnnati—Earnings-
-Mergers Ap-
Lackawanna & Western RR., Valley Rail¬
Co. of New Jersey
■
told stockholders that there is little
jrospect for a dividend pn the common stock for at least five years,
le
explained that the outlook for earnings is difficult to' forecast
with any degree of accuracy, but added that at present he did not
mticipate a payment for that period.
Repeal of" the excess profits tax would not benefit this company,
tfr, White continued, pointing out that it is not and has not been
eased lines,
road
-
Sept. 30. 1944.—V. 159. p, 2634.
Feb. 29, *44
$273,425
$3.89
^
stockholders on Dec. 8
The
*'
•
were
the
Net
'
Dr238,264
articles of. incorporation, as amended, provide that no
The
may
purchase
to
1946,
1.
1944,
Western RR
Sales—
$9,201,435
Sept. 1, 194.3 (date of merger), the class B common shareholders
the continuing corporation were granted hn option which expires
for one
proved—
415,859
3^00
601,207
943,732
'
—
and $10 per share thereafter,
stock for $20 for each two shares.
previous
Delaware, Lackawanna &
stock,
Operation
75,000
54,433
100,000
39,458,766
1946,
1.
common
com¬
1630.
p.
Period End. Oct. 31—
*'
ferred
Period—
profit
■■
stockholders electing to receive cash under
($183,831)- of 6.339 shares of preferred
1944.
30,
any
Engineers Public Service Co. (& Subs.)—Earnings—
warrants outstanding entitling
the holders to purchase 80,198 shares of class A common stock at $6.50
Sept.
of
3.0
8.5
2.8
On
has
7
Earnings
1_"
'_*,
doubtful accounts.
reserve-for
Notes—At
5,669
8,627
3,019
1944—Month—1943
Payments in 1943 were
reacquired and estimated cost of 1,877 shares of
After
106,312
each, and §ept. 30 and Dec. 30, 15 cents each.—V, 160, p.
preferred stock
to. be-purchased under merger agreement.
JAfter reserve for deprecia¬
tion of $225,095 at Sept. 30. 1944, and $204,447 at March 31. 1944.
^Maturing
generally Within • 12 months (less
reserve
for doubtful
loans of $174,493 at Sept. 30, 1944, and $164,536 at March 31, 1944.
of
Net
tCost
agreement. !
101,428
figures do not include the system inputs
appearing in both periods,—V. 160, p. 2541.
directors have declared
the
on
6,500
4,853,975
j
,
L——
marger
stock
—
moneys,
Deerfiekl Packing;
7,000
purchascd^i
.
be
191,747
92,801
103,293
Co
Int. and amort—
per
called for redemption on Jan. 1, 1945, out of
$9,000 of 4% mortgage bonds due July 1. 1949,
at par.
Payment w ll be made at the City Bank Fanners Trust Co.,
trustee, 22 Wilfem St., New York, N. Y.
'
The coupons due Jan. 1, 1945, should be detached and collected in
the usual manner.—V. 160, p. 1524.
The
sinking fund
——_
.
and tq be
•
,
purchased
$1
(par
fStock reacquired
*
,
Co.—Calls $9,000 Bonds
company-
7,636
4,648,575
416,091
Class B stock (par *$1)—k—k——iiA
3,200
Capital surplus A
U—i*-—_'*'. 547,197
Earned surplus since April 1, 1935—-—A—:- '. "" 711,182
Class
shares of class A
Dayton Union Ry.
acquired
Light
Amort,
contingencies—!
for
Reserve for compensation insurance^
—
Preferred
stock
(par $25)—r——
called for1 redemption on Jan. 1, next, $168,000
bonds due 1970 at IO6V2 and interest.
Payment
made at the Irving Trust Co., trustee, One Wall St., New York,
160, p. 2400,
capital .stock.-of
186,078
Light Corp.
&
payable Dec. 30 to holders of iecord Dec, 21.
Regular distributions of 15 cents each were made on April 1, June 30
and Sept, 30. last, and, in addition, an extra of 10 cents was paid
price
additional payment on purchase
-
Pet.
Amount
—$3,737,781
160,
common
$1,625,000
496,443
264,350
$2,550,000
expenses———
. 406,627
(estimated)——i.—161,258
income;
"Estimated cost of capital stock to be
.
■
r
on
1943
Emerson Electric Mfg. Co.—To Pay
$9,201,435
Reserves
3%
mortgage
N, Y.—V.
7L——-—--A—A—. $9,458,766
11 v
—^
charges
taxes
&
—
The
4,310
102,543
Prov, .for
been
have
24,944
211,619
——
(loss amortization)—_—.r,
Federal
Thousands of Kilowatt-Hours
1944
Period End. Nov. 30—
429,044
Accounts
follows:
as
above
Sales
347,286
485,021
.
payable to banks—
payable- and accrued
Notes
.
Light Co.—Partial
Power &
Day ten
'There
The
891,866
*687,717
442,559
accounts- receivable—
——A*"; *
at lower of cost or market——
—
Liabilities—•
value, $15,729; total, $17,-
'Liabilities—Accounts payable,- $231,979; accrued taxes, - $2,316,496;
accrued payroll, $48,380; other, accrued liabilities, $45,6.16; estimated
freight and handling charges in Cuba on sugar, molasses and alcohol,
$653,134; dividends payable (contra), $1,102,852; liens
(Censos) on
properties, $228,292; deferred credits, $23,317; due to wholly owned
subsidiaries not consolidated, $58,017; reserve for contingencies, $350.000; capital stock ($5 par), $3,645,000; capital surplus, $17,363; earned
surplus, $9,159,960; total, $17,880,409.—V. 160, p. 7.
of
887,179
842,569
STra.de
Total
■
&
were
Power
panies not
sugar
rights—at cost or nominal
'
mortgage
880,409.
National
4,955,695
Deferred
7
pre¬
4,957,387
4,957,387
loans
Patents
1943
Electric* Power
Sept. 30, '44 Mar. 31, '44
$1,551,049
$1,474,159
iproperty, plant, and equipments-
*A
.
' *. |
'''7'1 -'"'7 '
the System inputs of1 client oper¬
1944,
7,
*•■ : 1
of
Power
American Power & Light Co._
308,817
assets
Dec.
:
Sheet
Balance
—
other
week ended
'»
*" **"
•
*
; *
-Decrease-
$541,042
*455,424
56,439
and
.1'' '4-u ' '"*'**
Oner. Subsidiarles of
—V.
Inventories,
Compensation Fund—Cuban Sugar Stabiliza¬
tion Institute, $210,523;-sugar on hand (less estimated sales expenses
of $172,324),
$1,254,834; estimated amount receivable in connection
with
black-Strap
molasses sold under regulations of Cuban Sugar
Stabilization Institute,
$1,808,098; distilleray inventories on hand,
$325,761;- materials and supplies, at average cost. $1,648,707; special
deposit for dividends (contra), $1,102,852; receivable from cane grow¬
ers
for
advances,
interest and rentals
(less reserve of $62,874),
$1,288,152; growing cane,,--$112,48.4; membership in. N. Y. Coffee &
Sugar
Exchange (approximate, value based on market quotation—
$2 000),
$2,400; investments in wholly owned subsidiaries not con¬
solidated—at cost, $16,032; property, plant and equipment
(less re¬
serve for depreciation,
$1,480,813), $5,716,179;. work animals and live
stock, $35,488; deferred debits, $442,630; miscellaneous other claims
from
recoverable
1944,
de¬
160,
capital gain dividend for tax purposes.—V.
a
Edison Bros. Stores, Inc.—November
■
Investment
Vffrf
companies
during
and equipment
amounted to $26,722, as
*
receivable
last year.
Dec.-24,
on
as against 45 cents in 1943.
announced that a portion of the dividends just
Ebasco Services Inc., which are subsidiaries of
Light Co., Electric Power & Light Corp.
and
National Power & Light Co., as compared with the corresponding week
plant
?Small
•
paid
capital
cents,
•'■*■..*•■
the
For
Ct 7,237
old participating
on
property,
Marketable securities
(including
hol
merger
of
30,
■
cost
estimated amount receivable for sugar, molasses and alco¬
sold, pending liquidation), less reserve, $275,112; estimated amount
at
securities,
Sept.
Consolidated
Sept. 30, 1944
Sheet,
to
Assets—■'
banks and on hand, $3,424,904; U. S. government
plus accrued interest, $200,484; accounts receivable
in
Asset*— Cash
ended
months
six
prior
depreciation
60
constitute
H' V
ating
against $43,696 for the year ended March 31, 1944.
1941.
and
the
for
*
paid
for
will
American
and common stocks.
preference
Note—Provision
$1.23
$5.10
.
dividends
'Includes
ferred,
$4.63
$2.10
After crediting $21,238 in 1943, $8,327 in 1942 and $10,000 in 1941,
for reserve for contingencies provided from profit and loss in prior
years, no longer required. tAinount realized by Compania Azucare'ra
Atlantica del Golfo on deferred claims, in excess of cost attributed
thereto bv the company.
^Additional income on final realization of
sugar and molasses, (net).
SOn 729,000 shares (par $5) in 1943, 1942
~
paid"
to
Ebasco Services Inc.^-Weekly Input—
V>'
$762,805
229,000
profit—$135,425
———————290,697
net
Consolidated
$1,533,258
1,093,500
of 5 cents was
amount
share
per
Dec. 15.
An
Distributions in 1944.
to holders of record
23
•
Crl83
tax
payable Dec.
20 cents
10 cents per share on the
quarterly dividend of
$1, both
195,102
$235,241
100,000
taxes cn Income (estimated)—.:
adjustments of prior years.:—
for Fed.
income
Dividends
$3,378,044
1,822,500
$893,225
1.
income
Total
Prov.
other taxes
&
Dividend—
dividend of
extra
an
1079.
52,851
15,713
property retired
for U. S. Federal,
$23.10 as against $22.24.
;
$567,703
$209,795
25,446
AAh—»—A.——
_L—
1943.
It is*
will constitute
against $1 in
p.
Year Ended
Septi 30y 144- -Mar.-31, '44
Other .income
declared
have
The corporation
clared
t.';
as
asset value per share was
Net
usual
par
extra
7;,V'.
a.
4
Balance
Loss on
stock,
Subs.)—Semi-Annual
(&
to $1.30,
the dividend just declared
1734.
trustees
the
and
.*
•
amount
will
portion of
a
Eaton & .Howard Stock Fund—Extra
—————————
112,6,92
expenses-
—
1944
that
160, p.
The
earnings..from interest, :sales,.'fitc.—^—$3,038,505$6,11;9,"780
Cost
of products sold
and expenses ol small.-—
loan offices
—;
—'
2,260,319
4,309,656
Selling & admin, cxps., inch home office exps.
533,391
1,222,421
Provision for doubtful loans
*
'
35,000
20,000
$2,178,923
24,035
Legal and auditing fees
in
Sept. 30.
on
—V.
Gross
148,537
101,821
130,943
331.752
Inc.
6 Mos. End.
V
income—
1 Adjust, with respect to
Industries,
Report—,
t3,558
t3,933,
prior years-
:
share
per
dividend for tax purposes.
The corporation also announced that as of Nov. 30,
1944, the net
asset value of the Fund was $9,742,917 as compared with $8,948,920
will
"
Extraordinary
opers., ox
;
■
of 50 cents
dividend
extra
capital gain
a
of. both
Domestic
an
usual
the
Payments
Approved—
company
2293.
138,246
86,272
Dividend—
Fund—Extra
Balanced
declared
quarterly dividend of 20 cents per share on the capital
stock, par $1, both payable Dec. 23 to holders of record Dec. 15.
An
extra distribution of 20 cents per share was made on Dec. 24, last year.
company
p.
Co;,
Trust
immediately obtain the full re¬
accrued interest to Dec. 29, 1944,
may
including
Howard
&
trustees have
The
and
similar payment was made.
a
68,776
115,794
100,614
.
—
151,479
.
Eaton
of
dividend of 6%
salary
1293.
shares
160,
3,668,223
$4,715,814
$1,296,265.
104,629
5,704,257
77,667
$6,264,259
profit
4.,.
operating income
Gross
Other
be
V.
5,377,287'
174,016
nine and twelve months ago,
new
When
4,453,826
154,059
—204,637
new
the
of
expenses.;.
and
wage
for each common share of Doehler, and one share
for each share of Jarvis outstanding.
"
companies have been exchanged, there: will
outstanding' 1,049,685 common shares of Doehler-Jarvis Corp.—
the
Manufacturing, shipping
Depreciation.
a
The stockholders of this company and of W. B. Jarvis Co., at special
held on Dec.
11, approved the consolidation of the two
corporations under the name of Doehler-Jarvis Corp.
The consolidation, it is planned, will become effective Jan. 1,
1945,
and will result in the exchange of 2>/a shares of common stock of
$10,093,333
—
declared
meetings
and
sugar
—
thereof,
the* Old Colony
at
'
" '
Mass.
bonds
surrender of such bonds,—V, 160, p. 2401.
upon
quarter's
p.
Boston,
above
the
price
demption
31,
March
on
announced
1941
$28,295,161 $14,174,748 $20,268,438
"canel;——1—1 ' 13,670,0907,327,181
9,694,308
_■
made
of
made
will «be
Payment
Milk St.,
45
Holders
record
holders of
to
were
trustee,
outstanding
In 1943 the following payments were
$1 each, and Sept. 30 and Dec. 23,
Doehler Die Casting Co.—Merger
f.o.b. Cuban
molasses,
ports
160,
each
cents
the
compensation in 1944 from current profits to
actively, employed by the company on Doc, 31, 1944.
employees
Three, six,
_
Dec,, 23
payable
75
oh
dividend
a
........
also
fourth
those
Report
1942
1943
1944
each.
directors
their
Ended Sept; 410
Statement of Earnings, Years
Consolidated
of
30, this year.
31 and June 30,
March
cents
The
been
(& Subs.)—Annual
stock,
Distributions
15.
declared
30 and Sept.
made:
75
included in expenses at
the rate specified in a transitory provision of the Constitution of the
Republic of Cuba wnich is less than tne coupon rates.—V. 160, p., 2400.
Interest
11
Dec.
on
capital
$5,000,000, of
June
1942
,
directors
,
.*'■„'
.
.
The
interest.
and
(Joseph) Dixon Crucible Co.—Reduces Dividend—
\
Rys.—Earnings—
Quarter Ended Sept. 30-—
.
/
Profit after interest,: taxes, etc.——
2645
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4343
160
An
Government Order—Sales Volume Up—
additional order for
$5,200,000 has
the Government, according to
military .trucks, amounting, to
been awarded this company by
T, R. Lippard, President.
Total sales for -the first 11 months
.lust
of;this
amounted to ap¬
during the cor¬
'
Although thb Company is producing tfi$«sands lof, .military trqeks
for our- armed -foi'des) several models of 'fc'Wmneyeial trucks for essential
civilian use hate* been in dailv production'for1 a nunibar of months', it.
""e°r
proximately $32,000,600 as compared with $23,870,000
responding period of 1943, an increase Of-ovey 34%. ,
was
further
announced.—V. 160, p. ,727.
Corp.—Extension Granted—;
Federal Water & Gas
corporation's application for an additional six' months ending
1945, in which to comply with a SEC order of Feb. 10. 1943,
was granted Dec,
8 by the Commission.
The order required Federal
to divest itself of eight subsidiaries,
10.
recapitalize three and eliminate Pennsylvania Water Service Co., and
inactive subsidiaries of Scranton-Spring Brook (Pa.) Water Service
from the system
See also Scranton-Spring Brook Water Service Co., below.—V,. 160,
63
Co.
2542.
p.
Operating
deductions-
normal and surtax
12,859
Fed.
exc.
prof, tax——
150,941
163,700
Depreciation
-
44,757
1,331,108
739,071
$50,045
$79,831
$571,882
1,502
1,050
18,473
$590,355
$842,602
136,967
$80,881-
income———.
$51,547
7,830
profit
Net
income
Federal
excess
Net
10,062
$43,717
$70,819
$0,72
$0.67"'
100,519
»
——
2070.
p.
Light Co.—Income Statement-
Florida Power &
Operating
$1,643,909 $22,322,556 $19,258,113
$1,786,303
777,955
revenues.—.
Operating
expenses—
Federal taxes
1944—12 Mos.—1943
1944—Month—1943
Period End. Oct. 31—
635,011
9,072,888
7,118,375
88,405
244,674
3,378,043
86,747.
85,501
981,429
of
175,000
175,000
2,100,000
2,100,000
Property retirement res.
Net
$658,196
$503,723
(net )—
1,970
$6,790,196
22,036
income———
$661,060
$505,693
$6,812,232
$6,539,514
7,187
284,865
354,988
3,689,318
4,276,459
—
Net income——-
$376,195
$150,705
$3,122,914
$2,263,055
Interest
—V.
1G0, p. 2542.
.
Payment Voted—
Foresight Foundation, Inc.—Larger
V.
semi-annual dividend of 10 cents
on the class A stock, payable Dec. 27 to holders of record
This compares with six cents paid on June 30, last; eight
Dec.
30,
1943, and six cents on June 30, 1943.—V. 159,
share
per
15.
Dec,
cents
on
160,
.
The
its guaranteed bond issue, ac¬
MacEvoy, Chair¬
was reduced to
most recent payment of $359,400 completely
the company paid 5 Vz*k interest to 1933 and
cording to an announcement on Dec. 3 by Clifford F.
man
of the Board.
The original issue of $1,500,000
$599,000
retires
the
1942 and
by
issue on which
an
4thereafter.
said that in 1933, the company was faced with $16,guaranteed mortgages in addition to the bonds.
He said
that through negotiations, refinancing and the sale of more than $1,000,000 of real estate, the balance of these guarantees was being paid
in full, leaving the company free from debt,—V. 158, p. 2252.
Mr.
stock
common
MacEvoy
006,000 of
the outstandingiCommon, stock,
of common stock i applied . for
15-Cent Dividend—
(The) Fresnillo Co.—To Pay
Dec.
on
it is the intention
company,
company
take action
21,
(before
for
the
1
United
notes__,_
States Treasury
Trade
2,501,381
—
10,110,430
J
receivable——,,:
accounts
and
notes
16,998,922
893,412
■
Inventories
——
———,—
other
and
Investments
charges
'812,343
4,780,930
5,058,037
equipment, at cost-
plant and
(•Property,
assets—————
1
1
389,907
260,932
Patents
Deferred
$5,992,267
1,168,428
8,169,493
15,486.674,
—
———————————
all ex¬
Appyox. Amount per
Net
fNet Profit on
■
.
Net
payable to banks-
Accounts
(Federal
taxes
Income
Securities
489,135
484,288
457,143
7,500.000
7,500,000
stock
Common
"Earned
$1
(par
Capital, surplus
—;
surplus
share)——-
per
397,821
397,821
—.
$0.47
$2.12
1,400,220
0.44
1.98
1,735,652
1,737,985
—_—
7,955,973
7,871,899
-i—,
-
1,500,220
0.41
.1.85
requires the maintenance of
$6,210,489, increased
1944 and of each year thereafter by an amount
the year
of
assets
current
net
end of
the
(V loan)
Agreement
Bank Credit
"The
consolidated
at
less than
not
equal to 207;; of the consolidated net earnings for such year, and
prohibits the payment of dividends on common stock or the acquisition
of
capital stocks
(except required retirements of preferred stock)
unless consolidated net current assets immediately after such payment
or acau'sitmn are not
less than the amount required to be maintained
stock
common
on
75
the Agreement
$750,000;
plus
after
restricts
also
Dec.
1942,
31,
to
an
the payment of dividends
amount not in excess of
V; of consolidated net earnings subsequent to that date, after re¬
ducing
earnings
net
by
equal
amount
an
preferred
to
100,000
1.73
Net
articles
to
stock
the
Dayment
the
but
less than
is
incorporation,
0.36
1.63
Agreement."
tAfter
Sept.
1
of
•.
for
reserves
$2,399,326
by
the
and
amortization
of
$4,033,503
at
June
30,
applicable, tax notes at
1944.—V. 160; p. 2295.
30,
June
at
at
$2,565,113
1944.
$2,938,472
1944
Bank Credit
•
depreciation
and
imposed
$7,027,204
,
deducting
30,
(After
and
of
restriction
30,
Sept.
1944
0.34
1.54
The
directors
on
Deo.
(quarterly dividend No.
Distributions
18.
July 15 and Oct.
April
on
and
7
15,
declared
44),
of
warrants.
of
cise
,
Net
15.
Oct.
dividend
of
54
cents
per
share
22
15
cents
each
were
made
on
Payments of 20 cents each
and
Dec.
29,
1943.—V.
April
were
160,
p.
15,
made
All
of
Bonds—
15-year first and ref. mortgage income
been called for redemption on Feb. 1.
1945, at 105 and interest.
Payment will be made at The Royal Trust
Co., trustee, 66 King St., West, Toronto, Ont., Canada.—V, 118, p. 2830.
outstanding
Feb.
1,
1950,
credit
31,609,600
^
30,661,503
Cr3,198,680 Cr3,097,140
4,177,132
4,012,200
—
income
68,889
44,018,523
taxes
—
653,204
688,844
11,043,223
—
11,588,184
directors
per
the
close
at
determined by the number of shares outstanding
business on the record date.
See also V. 160, p. 2542.
be
to
share
of
income
applic. to stock of subsidiaries con¬
2.835,585
3,042,040
$8,207,637
$8,546,144
2,783,778
2,784,353
$2.90
S3.02
\
;>
.
in net income applicable to Pennsylvania Grey¬
hound Lines, Inc., 50% of the voting stock of which is owned by The
Greyhound Corp., amounting t/o $602,590 in 1944 and $655,875 in
1943.—V. 160, p. 2215.
' ;
./V-;,:.
G
V.
'"V''
•
.
equity
Griess-Pfleger Tanning- Co.—To Pay Full
'
Year's In¬
terest and 50-Cent Cash Dividend—
-General Electric Co.—Expansion in Massachusetts—
The
Defense Plant Corporation announces that it has authorized
an
increase in the contract of General Electric Co. to provide addi¬
tional equipment for a plant at Everett, Mass,, at a cost of $3,650,000.
Peck,
E.
the
of
member
5%
since 1929 Vice-President and General
company's
advisory
committee, died
15,
1945,
per
share
payable Dec.
profit
of
No.
31—
,
shares
common
Earnings
per
1943
1944
-•->
!
———
$954,997
865,075
—
-
share—#
and Federal taxes.—V. 160, p., 1294.
$1.00
!
The
President:
■
Transfer
to
Allison
the
Section,
Development
•
$690,000
G". 865,075
$0.69
Harvard Brewing Co.
This
transfer
is
—V.
160,
p.
of
■
made
Dec.
11 by C, E. Wilson,
Sell.
:
Division,
directed
on
,
by
Indianapolis, Ind., of the Aircraft
Don Berlin, now operating under
2542.
Sept.
dividend preferred
a
Net
record
Oct.
dividends on the preferred stocks ($1.50 on
$1,082 178
554,003
177,491
$1,022,462
575,271
179,027
$954,953
525,535
150,209
$279,207
exps
220,343
$350,685
$268,165
22,328
operations
income
11,845
27,623
18,715
$525,080
$362,529
$297,922
33,190
$264,732
$502,751.
of
$279,705
capital
—«
' 34,293
for income taxes-
'
7,500
292,500
income
,.-;Diys.
cn
—>—
——^
vy,in
—
171,875
$170,498'
Casualty & Surety Co., N.
Ford.
a
Accrued interest
U.- S.
of
Govt,
Federal
on
$338,548
hand-
on
"Accounts,- receivable
the $6
216,712
1,370
350,781
10,576
735
38.474
367,327
—
—
bonds and notes
receivable
bonds and ctfs. of indebtedness-stamps on hand—
—
revenue
Advances
Y.—
to
salesmen—
'
—
Inventories
of
the
Manufacturers
Trust
Co.,
.
General Water Gas & Electric
The
5,987
recently
shares
called
for
uled for payment on
of
$3
Co.—Redemption—
cumulative preferred stock,, which were
at $52.50 and dividends, were sched¬
See V. 160, p. 2183.
:
Property
Uncompleted construction
Trademarks and patents
Inventory of supplies
——
.
job orders———
charges
Post-war
refund of excess profits
Total
— „
—
-
Deferred
redemption
Dec. 16, 1944.
—
t
director.
1943
$338,268
144,594
516
251,047
34,594
1944
depositCftntf
on
Investments
Vice-President
1
125/000
,■
,,."Consolidated Balance Sheet, Sept. 30
Assets^—
Cash
New Director—
E.
',".^5^02
<j.)
125,000.
125,000
Unamortized improvements to leased property—
General Transportation
—.
109,206mi!r 69,530
186,GOO
$174,550
$158,588
^'
——
grfd^'stock;cpm stock——
on
'Divs.
"
„
sale
17,941
$344,588
—
income
on
16,237
'
$295,787
16,083
$508,842
——
assets (net)
H,Settlement of claim
jjVpNet
preferred stock) were declared
but were not paid until Dec. ' $, 1943, to holders
1937 (see V.. 158, p. 2361).—V, 160, p. 1736.
15.
1,124,235
$1,329,057
605,962
profit
delivery
;
r(..Prov.
stock.
1937,
2,
1,298,477
Income charges
Corp.—Accrued Dividends-^
7 declared
&
Loss
dividend of $0 per share ori the
$6
dividend preferred stock and a pro
rata dividend of $8.25 'Per
share on the $5.50 dividend preferred stock, both payable on Dec. 23
to
holders
of
record Dec. 18.
These dividends are on account ol
cumulative dividends accrued and in arrears.
After giving effect to
these payments the cumulative unpaid dividends,
including the divi¬
dends normally payable on Feb,
1, 1945, will amount to $34,50 per
share cn the $6 dividend preferred stock and $31.62 %. per share on.
on
1,374,808
Gross
•
directors on Dec.
$5.50
1941 ■ }
$2,079,188
3942
$2,320,939
1,539,663
Profit from
corporation,
General Public Service
the
(& Sub.)—Earnings—
goods sold (net)
1944
Other income credits—
;
The
(Del.)
1943
$2,456,086
—
Gen. & admin, expenses
is hereby announced, effective as of Feb; 1, 1945.''
being effected at this time in order to consolidate
the
the* year
$2,868,720
sales
Gross
which is currently engaged in the
manufacture of aircraft engines as represented by the Allison
Divi¬
sion and the development of
aircraft engine installations and asso¬
ciated problems as represented by the Aircraft Development Section.
activities
Dividend—
dividend of $8 per share for
—.
Years End. Sept. 30—
Net
Fisher Body Division,
the
a
payable
Corp.—Consolidatting Its Activities—
statement ;was
following
■
' >
also voted on the common
record Dec. 15,—V. 160, p, 1401.
Jan. 2, 1945, to stockholders of record Dec. 15. 1944.
This compares with $5 per share paid on Jan. 3, 1944, the first pay¬
ment since Jan. 3, 1941, when $4 was: disbursed.—V, 151, p. 3747,
"After charges
General Motors
declared
The directors have
-
General Finance Corp.—Earnings—
9 Months Ended Aug.
22 to holders of
to
was
(The) Guenther Publishing Corp.—$8
67.—V. 160,
1944,
"Net
50
ending
year
cents
at
6
the.
for
March
of
lull interest
Dec. 31, 1944, to be
debenture holders of record
authorized, the payment of the
5
debentures
dividend
A
Counsel and
Dec.
the
on
paid on or before
March 1, 1945.
•
stock,
Schenectady, N. Y,, at the age of
Dec.
directors on
The
of
5V
have
52,647
44,119,546
.w
———,———
profits tax
exeess
"Includes
price of the common stock on Dec. 5 was 15%.
circumstances, it 'is the
intention,of the board ofto declare the dividend in a fixed sum, leaving the amount
William
the
due
906,100
applic, to stk. of Greyhound Corp,—
Average number of common shares—.
Earned per common shore——:
these
has been elected
bonds
425,241
"Net inc.
closing
1862
1735.
Gait Brass Co., Ltd.—Calls 5%
194.488
426,930
1,452,500
—^
solidated, held by public
payable Dec. 23 to stockholders of record
16. 'this year.
July
a
46,144,461
income
Net
(On exer¬
(Period ended Dec, 5, 1944.
1944.
preferred stock and $1.37% on the $5,50
Dec.
•
.
of intangible
income' taxes
State
1.88
The last preceding
Fundamental Investors, Inc.—54-Cent Distribution—
521,112
45,613,241
property-————..
post-war extraordinary expense—-—
Post-war
1.99
100,000
"Outstanding Dec. 5,
so
restricted
dividends and as to the purchase of common
such restriction at Sept, 30) 1944 ($6,289,355)
of
amount
the
the
of
preferred stock is outstanding, earned surplus is also
as
the
of
stocks.
as
Under
terms
capital
810,787
income—
Federal
2.12
100,000
1,600,220
1,700,220
1,800,220
0.39
20.00
requ'rernents and by amounts expended for acquisition or retirement of
long
45,092,129
.
Othel* deductions..-
dividend
stock
6,024,849
45,333,673
2.26
15.00
$38,764,496 $36,671,118
_
5,303,089
„...
92,837
Cost of
Total
_
——r—
_w————
income
for
Prov.
2.42
100,000
*
-
———
—
—
112,112,416
68,751.831
60,995,437
income
Gross
$2.59
"1,309,220
12.50
499,598
one year—
income————___
stock (par $100 per sh.)
pfa.
convert'ble
4%'If-
beyond
due
and deferred
Reserves
expense
Amortization
Total
91,000
w*
724,539
1,284,393
income—
on
debt,
Long term
accrued expenses——
and
payable
1943
1944
operating revenue.
Other
Share
<( Shares to be
Outstanding
$10.00
a
$11,700,000 $11,700,000
5,782,133
7,217,*4
for the 2,200 horse¬
rods
119,288,593
Depreciation
Federal
r;
Shares jM;
Price
Darius
"Notes
connecting
master
Mich.,
•■r
$38,764,496 $36,671,118
—
Liabilities—
of
production
Detroit,
at
Operating
(except Federal income tax) and preferred dividends,
about' $620,000, which includes $211,500, • an amount
at
Obituary—
Total
Engine
B-29
V
Operating revenues
and refunding mortgage
5%
reorganization.
;
As of Dec. 5, there were outstanding 1,309,220 shares of common
stock and warrants entitling holders to subscribe to 491,000
shares
of
stock
at
the
prices ' stated below.
Holders of warrants have
expressed the intention to subscribe to stock, but the amount of such
subscription and therefore the total number of shares to be out¬
standing on Dec. 21; the record date for the payment of the dividend,
may not be ascertainable-on the date set for the declaration of the
dividend.
The effect of the exercise of each block of warrants on
earnings and the dividend per share is indicated in the following table,
which does not, however, purport to give the final results for the year.
The
$2,812,406
—
...
Corp.—Making
Greyhound Corp.—Earnings of System—
to
Under
Sept. 30, '44 June 30, '44
Assets—
'
Motors
Nine Months Ended Sept. 30—•
the interest for two years on first
bonds of the Missouri Pacific RR. Co. in
Sheet
Balance
Consolidated
1944r—10 Mos.—1943
and deliveries are now being made, it was
announced on Dec. 14 by Raymond J. Hodgson, President.
Although the company has produced more than 850,000 master and
connecting rods for other types of aircraft engines, he said, this is
its first assignment to manufacture parts for,the super-bombers which
are
now
hitting the Japanese home islands on regular schedules.
—V. 160, p. 2542.
•
:
for the year, after
and interest
dividends
from
taxes
estimated
is
share
cents per
35
$6,056,349 $53,516,430 $52,611,402
$6,462,824
of December.
rest
income
penses,
of
engines on the giant B-29 bombers has begun at the company's
plant
period ended Dec. 5
$2,770,000, of which
$2,755,000 was long term capital gains; the final amount
will necessarily depend on security profits or losses
year
the
during
'■
..
dividend
a
1944—Month—1943
2076.
p.
Volume
power
tax is incurred by the
from the sale of securities for the
Federal income tax) was approximately
Subscription
30, 1944 were pub¬
earnings for the nine months ehded Sept,
lished in the "Chronicle" of Nov. 27, page 2295.
The
declared
8
Wk
■
160,
Parts—
on
.
profit
approximately
Statement
(& Subs,)—Financial
Co.
Dec,
,
—V.
possible, so as to permit a more accurate forecast of income and
profit for the year.
Therefore the board of directors plans to declare
the
dividend on Dec.
18, payable on Dec. 23 to holders of record
Net
1943
$3,402,213
(H. L.) Green Co., Inc.—November Sales—
as.
Dec.
1944
$3,890,102
—
payable Dec. 27 to holders of .record Dec. 18.
cents paid on June 29, last-; 35 cents on
1943, and 17% cents on June 25. 1943.—V. 160; p. 2072.
24,
■Sales
and net profit distributed. It is accordingly
the dividend on the common stock as late
net income
on
to
.7.
stock,
with
compares
Dec.
regulated
to distribute substantially all
and dividends and net profit
sale
<
Steel Co.—35-Cent Dividend—
on
common
Graham-Paige
17.50
Fruehauf Trailer
directors
the
This
to be taxed as a
year's net income from interest
of securities, as no Federal income
this
from
160, p. 1736.
2184.
p.
Granite City
The
on
6 stated:
election of this company
,•—-—of Warrants——-—;
/;
160,
—
———
———
—V.
Inc.—To Distribute
to Common Stockholders—
President,
Altschul,
investment
13
Dec.
on
Union Telegraph Co. below.—-V.
Grand Union Co.—Sales Up Over 14%—*
American Investors Co.,
view of the
In
declared a dividend of 15 cents per share
on
the common stock,
no par value, payable Dec.
20 to holders of
record Dec. 15,
This compares with 20 cents paid on July 25, last;
25 cents on July 15
1943; 35 cents on Dec. 15, 1942, and 25 cents
on
July 15, 1942.—V. 160, p. 222,
directors
amendment
lV'
1969.
p.
.
to give, effect to the
Inc! and Merkel," Inc.
4 weeks Ended Nov. 25—
Sales
Stock Issuable on Exercises,
The
160,
See Western
ofissuance
(no par)^upon notice
2295.
Most of Income
equal
has completely retired
company
Newark, N. J.
Retired—
—^Bond Issue
—v.
\
p.
Net
Mtge. & Title Guaranty Co.,
Franklin
authorize, an
to
Gold & Stock Telegraph Co.—Stock Returned—
'
General
2196.
p.
asked
be
will
also
Period End. Nov. 30—
8 declared a
.The directors on Dec.
of
shares
desirable
——
stockholders
by-laws of Greater New York Packing. Co.
provisions of the proposed contract with Trunz,
!
The stockholders on Nov. 30 approved changes in the capital stock
as follows;
Reduce the authorized capital stock consisting of 200,000
common
shares
(no
par), of which 119,304 shares are issued and
outstanding, by 80,696 common shares, such reduction'to be accom¬
plished by the cancellation of the 80,696 unissued common shares, so
that-the authorized capital stock will then consist ol' 119,304 shares
and change the authorized shares of common stock from'119,304 shares
into 357,912 common shares (no par). The stockholders also authorized
the delivery to hclders of common stock of record Dec. 18 two addi¬
tional shares of common stock for each share of common stock held.—
of
Gross
Inc.* at a price of $183,333.
York Packing Co.,
.The
to .the
authorized the listing of 238,608
York Stock Exchange has
The New
additional
$6,532,327
2,864
income
Other
.
'
pursuant to a three-for-one split-up of
making the total number of
shares
Frank
revs.™—
oper.
233,660
••
1
$705,635
219,056
.
2295..
160, p.
i
special stockholders meeting has been called for Dec! 21 t5
a
contract approved by the board of directors for the sale
Trunz, Inc.'and Merkel, Inc. of a two-third interest in the Greater
ratify
Gamewell Co.—Listing of Stock—
954,728
taxes————
——
stock—
common
declared on
Dividends
—V.
Gobel, Inc.—To Vote On"Sale of Control of
(Adolf)
Subsidiary—
2,552,683
—
appropriation
$489,835
'
357,912.
Fishman Co., Inc.—November SalesNov. 30—
1944—Month—1943
1944—11 Mos.-^l943
$600,023
$597,708 $5,619,250 $5,671,958
—
160,
Other
818,568
$0.69
stock——.
common
Period End.
-V.
$591,177
818,568
983.
p.
(M. H.)
Sales
$565,699
818,568
———;
—J
on
160,
408,707
$548,957
income—
Net
$188,651
(less
tax
outstanding
shares
share
Perr
profits
profit
—V.
.,326,000
326,980
taxes———
credit)—,
post-war
326,000
625,265
——
$1,460,540
241,860
326,000
—.
Federal
$1,576,077
250,194
$1,740,102
239,880
—
Depreciation.'
Common
Sept. 30, '44
1943
$180,050
...
2542.
160, p.
New
'
Quarter Ended—
Oct. 3, '42
Oct. 2, '43
$1,886,248
1944
(approximate)
revenues
A
deductions—.
Income
—V.
$836,271
)
$2,173,478
-
Month of November-
Operating
6,331
55,352
—
Operating incomeOther income (net)—.
1944—11 Mos.—1943
$52,501
$49,325
(approx.) JG
revs;
Oper.
5,682,735
295,434
1,446,242
526,680
6,559,382
22,700
91,574
rev.
Gross
Stores, Inc.—Earnings-
National
First
499,866
585,534
Fed.
1944—9 Days—1943
Period End. Nov. 30—
•
$9,352,384. $8,787,362
$810,854
$795,365
revenues
Oper.
1944—12 Mos.—1943
1944—Month—1943
Period End. Oct. 31—
The
Fob.
Georgia & Florida RR.—Earnings—
Galveston-Houston Co. (& Subs.)—Earnings-
/
<
Monday, December 18, 1944
FINANCIAL* CHRONICLE
THE COMMERCIAL &
2646
—__
-——
Jr—-
tax^§:T_-Tfrr,^
'
959,273
20,024
1.
114,952
24,947
,
,
273,678
I
1,055,200
28,862
1
128,224
28,855
9.435
473
$2,453,155
$2,284,313
2647
CHRONICLE
THE COMMERCIAL & FINANCIAL
Number 4343
.Volume 160
J
stock (par value 50c per share, issued
surplus,
$2,347,053; earned surplus,
$5,054,520,—V. 160, p. 2296.
000;
Accounts payable
Accruals
120,671
—
,
95,273
309,456
630,828
capital
Indiana General Service Ce.—Merger
37,125
155
—
77~G73
1,719
Co.—V.
Electric
Michigan
&
Indiana
See
value, payable
payment was made
par
2072.
p.
a
share on
dividend of 50 cents per
$5 cumulative 'preferred
stock, no
Dec. 26 to holders of record Dec. 16. - A similar
on April 15, last, the first since July 1, 1941, when
accumulations
of
account
declared
have
directors
The
Approved—
160,
Corp.—Accumulated Dividend—
Interstate Bakeries
-
total,
621/2 cents per share was
the
on
paid.—V. 157. p, 2249.
14,709
1,868
—
—
167,000 shares)
$518,034;
258,250
—,
deferred——
„—
$39,102
$53,007
payable
——
Deposits on containers-——,
Federal income tax payable
Miscellaneous current liabilities
common
and
"Liabilities—
Accounts
'
Reserve
employees' pension fund—a
for
surplus
Earned
surplus
•
625,000
257.000
860,959
————.
853,481
——
—
*
of
.
tAfter reserve
$29,550 in 1943.
$688,215 in 1943,—V.
and
,
$13,146 in 1944 and
Nov.
on
Authorized—
notes in the total amount of $188,370,
of
two
ItR.—Tenders Sought—
Trust Co., trustee, 100 Broadway, New York, N. Y.,,
(EWT), Jan. 4, 1945, receive bids for the sale to
it, for account of the sinking "fund, of first mortgage refunding and
terminal 5 </,■ gold bonds due Pkjb, T, 1952,- to an amount sufficient-to
exhaust $95,391,
conditional upbn the payment' to the trustees of
that amount on or before Jan. 2, 1945, for such purposes.
Bohds accepted must be surrendered to the trustee on or before
Jan.
10, 134$, on which date interest thereon will cease.—V. 160,
P. 2402../.
'
•
The
.
York
New
until
will
2
p.m.
Gulf Terminal Co. of Mobile,
shares
of
Co.
shares
653
such
of
no
value
par
158.
of
Co.—V.
Electric
Michigan
&
for
exchange
in
p.
Indiana Service Corp.—-New Protective
and
Poelhuis
Net
G, : Suelzer,
all
of
2073.
'
semi-annual
•
who has been Vice
Clark of Brookliue, Mass.,
retire
Committee—
3 Months Ended Oct.
refund
Est.
Govt,
on
j
Federal income tax
Net
Earn,
1943
$8,401,054
1,634,195
,j701,017
[695,467
,1944
$10,456,088
1,621,102
contracts.—1
1,389,912
31—
profit
sh. on 333,000 com.
$237,711
$231,190
$0.69
1942
$4,272,488 :
-—
William T. McKay, B, A.
Fort. Wayne, ,Ind.;—V. 160,
•
Operating profit for the throe
$1,613,075, as against $1,580,791 a year earlier.
The balance sheet as of Oct. 31,
1944, showed current
$205,144
■*'
The
$2,692,114
against
securities,
Operating
Other
$3,851,241 respectively
and
Dec.
on
Oper.
1944 amounted to $1,898,780,
earlier.—V.' 160, p. 1736.
;
System
Hydro-Electric
year
a
The
revenue
directors
on
Dec.
stock,
common
•
-
U.
and
.
.1,850,438
31.
company has obtained a loan, not to
which would be used, together with current
redemption Dec.
'
The
Net
of
$1.76
a
ff income 'of..'/subsi/i/T/
Other
charges/ against
income of
subs./;_'_J
559,133
671,124
186,401
9,408
218,601
44,183
deficit—
$311,095
*$180,639
$573,715
*$373,868
p. 1407.
'$6,116,235 against $9,191,977 for all 1943.—V. .155,
.
Indiana Gas & Chemical Corp.
,
/
;
full accrual basis not
fOn
■'
.
•
For
the
months
12,
interest
v.-160,
P..
its
on
2296.
;Y
3 Months Ended Sept.
Production
sales
and
Manufacturing
and
Maintenance
■
and
Administrative
.
1
*
operating
expenses———
expenses——T_ —'
selling
ended
a
6 'M
Sept.
loss of
-30,
.
7,479 " ■'"•"8,928
T———b—L—. j1'- 29,544 •••»! - '"26,656
•'
2—-
Depreciation
'Miscellaneous
19,726
.<
■
41,994
4,641
17,738
-
lT14
—1———-1—
deductions
income
(before
Federal
income
taxes)— '
129
'
' ' $66,143
■
in
-
Balance
Consolidated
Assets—Cash,
$167,359;
U.
S.
Sheet,
Sept;
Treasury
30, 3944
savings
c i
i
Ail
prepaid
cost
$3
payable,
cumulative preferred
the operations of the
after all charges including
amount of $1,594,080.—
:
...
outstanding
bonds,' due
gold
to
Feb.
1,
International
(23,400
shares,
no
par
66,667
68,867
811,667
125
125
1,500
1,500
$196,432
$182,699
$2,280,'940
$2:325,735
1,520
1,827
18,789
,12,893
$197,952
$184,526
$2,338,628
87,738
79,497
$2,299,729
1,070,687
$110,214
.,$105,029
$1,229,042
$1,385,580
'520,784
-520,784
value), $1,170,-
appropriation
■
..
_.k„—
of
the
revs
oper.
income
(net)
—
'V. Gross income
Interest
Bonds Called—
Jan.
income——.
Net
—
to pfd. stocks for period—.
Dividends applicable
—'V.
.
$525,000
Feb.
1,
.1945.—V.
1, next,
Ameriea-—Redemption—
first lien and ref. mortgage
which were recently called for
of
1947,
160,
Telephone
Bucknell,
Jr.,
corporation.—V.
International
Kewanee Public
There
redeemed
July 1, 1949, at 100 Va and
Trust & Savings Bank,
111.—V. 160, p, 12.. )
Payment will be made at the Harris
trustee, 115 West Monroe St., Chicago,
interest.
successor
Co.—Earnings—
Kirsch
\
.
;p.
&
2296.
Telegraph
Corp.—New
formerly Minister
160,
p.
1632.
Utilities
Corp.—Seeks
T043
Purchase
Corporation filed Dec. 7 with the SEC an application
cash on the-purchase for retirement of not more
shares
($50 par)
$3.50 preferred stock.
treasury
Purchases are to .be
shares
outstanding at
Dec.
27
as
to expend
than 4,200
made privately or oa the market from the 92,333
net more than $52.50 per share.
The Commis¬
requests.—V, 160, p. 2296.
the deadline on hearing
87,3-84
taxes.——
$0.62';
-
and class B shs.
:
—V. 155.
2280.
p.
Kcehring
$823,350
45,964
$0.24
$1:074,833
after charges and
income
Earnings per share on class A
J
;
'
1 -Ot
.
.
-
:
■
Co.—Calls Convertible Bonds—
;
,
bonds dated >July 1. 1935.
have been called for redemption on Jan. 2, next, at 100 and interest.
PaymenT will be made, at .the First Wisconsin Trust Co,, trustee,
Milwaukee, Wis.—V. 159, p. 1417.
outstanding 10-year* convertible
of the
All
Koppers Co.,
Inc.—Listing of Securities—
has authorized
the listing of the
Koppers Co. first mortgage
due Oct. 1, 1964 (assumed by Koppers Co., Inc.);
of cumulative preferred stock,
series (par
shares Of common stock (par $10).
bonds, 3'i- series
(b) 150.000 shares
$100); (c) 900,000
New
York
Stock Exchange
following securities:
(a)
$23,000,000 of
The
Stock
30—
Quarter Ended Sept.
Net
of'
redemption on Jan. 1, next, $11,000
gold bonds, series A, due
mortgage 6%
first
Service Co.—Bonds Called—
called for
been,
have
became
merger
of
and
effective
Koppers United Co., Koppers Co.. Fuel Investment
Koppers Erecting Corp. into Koppers Co., Inc.,
10, 1944.—V. 160, p. 2185.
The
Nov.
Approval—-
sion set
953,048
160, p. 2073.
Associates
.
"
..
Counselor of the American
Embassy in London and Minister since January, 1944, has joined the
above corporation,
it was announced Dec. 11.
He will serve for the
present as a Special Assistant to Colonel Sosthenes Behn, President
Howard
>
•
limited-term
of
The
$47,495;
stock
623,143
804,000
.
Official—
of
accounts payable, $78,634; divi¬
dends on cumulative preferred and common stock declared but un¬
claimed, $938; dividends on $3 cumulative preferred stock due Oct. 2,
1944, $17,550; accrued liabilities, including Federal income taxes pay¬
able over the year 1944, $105,915;
customers' deposits including in¬
terest refundable only on d'scontinuance of service. $85 971; customers'
advances for construction, $740; serial 5-year V/z'/c notes due April 1,
1945, $30,000; first mortgage 4% sinking fund bonds dated Aoril 1,
1941, due April 1,
1956, $645,000; reserve for maintenance, $7,159;
Liabilities—Notes
584,994
34,463
-taxes.^
Net
redemption-as of :Feb. 1, 1945, at 100 and interest, will be
at, the office, of J." Henry Schroder Banking Cbrp., 48' Wall
j
notes '(series C),
insurance,
$167,837;
604.438
Other
>
special deposits, $5,586; accounts receivable, inch unbilled gas
(less reserve for doubtful accounts), $209,229; inventories, $218,-
charges,
240,917.
2,169,418
currently de-
St., New
York, N. Y„, in,U.'-.S. funds, or at the option of the holder thereof at
the office ol" J. Henry Schroder & Co.,
145 Leadenhall St., London,
England/ in pounds sterling at $4.86% to the pound sterling,
v > Bondholders who
wish to do so may present their bonds at any time
and
will
receive
the
full
redemption price, together with accrued
<i
$14,936;
prepaid interest, $457; deferred
work in progress not allocated, $30,893;
lands,
buildings
and
equipment
(less reserve for depreciation of
$1,491,812), $4,194,580; total, $5,054,520.
643;
the
of
6
$45,000;
sales
3,682,338
152,914
32,372
—.
investments
the
has called for redemption on
$20,333
A,
■
1943
1944—12 Mos.
$9.523,190 S8 ,607,400
104.4.
■interest
Net
Co.—income Statement-
1944—Month—1943
$785,958
$71*8,624
282,747
1944
$76,382
debentures
International Rys. of Central
•" 30,468
"
revenues-—
taxes.
Amort,
-
385,016
421,037
34,292
'
46,029
'
4,329
.
—_J__——
repairs—
Insurance ■1,
State and Fed. taxes other than Fed. inc. tax.
."' Interest
'"
operating
and
^
.
Property retirement res. *
$119,000 of
;,its..outstanding-first and ref. 5'/« sinking fund mortgage bonds, series
A
and By for account of
the sinking fund, at 102V2 "and interest.
"Payment will be made at the Bankers Trust Co., trustee, 16 Wall St.,
New York, N.'Y.—V.
160, p. 2297.
Wabash Coke & Warehouse Co,)
1944
1943
revenues
$628,694
$535,905
30—
$1)365,151
contingencies'.—
and
participation
209,588
Other
(Inch Terre Haute Gas Corp. and
*
employees
taxes,
278,683
•
(•& Subs,)—Earn.s, etc.
•
2297.
p.
Operating expenses.^—
is
International Paper Co.—$119,000
company
$131,995
Federal
r
The
"
company.
System alone resulted in
full
160,
Operating
■/
'
v
entitled, when declared, to cumula¬
tive preferential dividends at the rate of $3.50 a share per annum.
The:.,undeclared cumulative dividends from duly 15, 1934 to Sept. 30,
1944 amounted-to $5,102,089 on the 142,799 System preferred shares
stock
preferred
the
$1,086/653
7,275
172,000
Period End. Oct. 31—
■
outside
$145,189
72,542
143,252
756,988
1,696,200
89,549
'80.776
819,273
1,465,000
Kansas t*as & Electric
237,132
held
74,642
205,000
8,319
-
inc&me
*For
5,242,901
153,088
.
9,883
.
income
Net
Minority 'interest 'in net
-
7,732
81,667
'Reserves
1,529,248
Notes—The
-
1,141,300
1,577,-121
clared.
stock
share
*' 969,400
4 77,*834
of $1.25
earnings
common
•
525,707
exceed $300,000. at 2%%,
funds, to take up the 1%
there are 7,639 shares.
,
a Share Were reported on the 137,292 shares
for the first nine months of 1944, compared with
for all 1943.
Sales for the nine months aggregated
stock, of which
448,800
1,731,579 :
stocks; of > subs.——
"
.
5,415,556 / "6,20'9,621
264,850
A, stocks of subs,
on
pfd.
net
—._
1944—Month—1943
1944—10 Mos.—1943
$1,070,334 $1,024,849 $10,275,057 '$9,773,570
630,452
555.379
6,356,503
5,375.337
38,166
27,478
'377,302
364.098
security).
Depreciation
5,870,607
1,520,583
*$4,861,014
Public Service Co.—Earnings—
revenue
Operating
939,833
5,838,634
1944—48 Wks.—1943
$4,251,326 $51,"948,254 $48,149,056
four-week period in the company's his¬
1944—4 Wks,—1943
—
Period End. Oct. 31—
require,
Ccnsol.
into
companies
two
Co., Inc.—Sales at Record—
Kansas City
.
and
^Consolidated -net- profit.
% Huttig Sash & Door Co.—New 5% Preferred Stock
Offered in Exchange for 7% Preferred Shares—
,
. •
The- stockholders have ' approved an issue of 5%
cumulative pre¬
ferred stock to-be exchanged on a share-for-share basis for the out¬
standing 7% preferred stock.
The new issue would have the same
provisions as the 7%' stock and would be redeemable on 30 days'
notice at $110 a share.
The unexchanged l'/v stock will be called for
;
882,639
1/899,588
.
5,195,049
.
and Of the Doehler Die
the
29 to holders of record Dec, 21.
This brings its
to $1 per share/against 90 cents paid in
^Higher than any previous
tory.—V. 160, p. 2297.
1,195,560
1,195,560
1,779,434
'
•
heid respectively in Chicago
combine
to
for 1944
2297.
Retail sales.—
V.
profits taxes——
class
tDiv.
p.
Company
meetings
declared a special dividend of 10 cents per
11
Pefiod End. Dec. 2—
Divs. "declared on pfd. &
'
$0.26
Subs.)—
(&
313,002
-
1,021,903
income,
-.
Jarvis
exc.
taxes
Canadian,
160,
charges
operations-—
income
.S.
-rexc;
dividend of 10 cents per share on the
common-stock, par $1, aftd the'tisukl quarterly dividend of 37V2 /cents
per -share on the $1.50 cumulative preferred stock, par $20, both payable Dec. 26 to holders of record Dec. 15,: Distributions of five cents
each
made on-the common stock on March 30. June 30 and
Sept. 30/ this year, making 25 cents for 1944 on that issue, -which
compares with only one payment in 1943 of 10 Tents on Dec.
10;—
v. 160. p. 1295,.!;v ■
;■
%;V'
*
payments
Fixed
286,541
•
profits
;
-
total
(social
398,520
B.
at special
Dec.
on
costs
(general)
398,520
300,000
chgd.
deprec.
against
have declared a
directors
directors
Taxes
expense
Prov.. for
W.
the
York
share, payable Dec.
debs, of Int.
Hydro-Electric System
of debt disct. &'
/
The
The
and
subs.ii.-'
of
$78,529
■
$0.23
—
recently voted
the Doehler-Jarvis Corporation.
Amort,
Material Co., lite,—To Pay Larger
Houston Oil Field
Common Dividend—
v
debt
on
.340,000
$82,907,
—
_•
Corporation
New
Taxes
2,389,310 '
funded
on
of
Stockholders
and
'
'
Pay Special Dividend of KBCents—
7,204,570
2,357.958
■
r,
To
52.d0O
300.000
share
per
1943
$470,529
54.000
355,000
shares-
common
Earnings
7,085,971
2.078,333
Interest
.
*
of
No.
Total
1,'242,178
2,067,280
1944
$491,907
—
—
3,415,910
6,484,768
1,470,235
(other than inc.)
value, and the usual
par
contingencies———
profit
24,407,453
8,842,832
other
of 45 cents per share
declared -a' dividend
8
no
for
Net
$64,730,946
9,8l'8,596
Co. above.
Reserve
27,646.910
3,940,671
6,407,358
4-__
••
.
provision—
pur-
power
■
.
tax
$21,828,001 $21,817,593 $66,358,289
_
_
incl.
exps.,
Interest
quarterly dividend
of 62% cents per share on
the 5% preferred "stock, .par $50. both
payable Dec. 22 to holders of record Dec. 12. Distributions of 35 cents
-each were made on Hhe common stock on March 31, June 15 and
Sept. 30. this year.
In 1943 the following dividends were disbursed
on
the common shares:
March 31." June 30 Jand Sept. 30, 25 cents
each, ^and Dec. 22 ft year-end of 75/cents.—V, 160, p. 1080.
the
on
•
Federal
$21,378,082 $21,338,381 $64,954,352 $63,276,003
449,919
479,213
1,403,937
1,454,943
net
Maintenance
Corp.—45-Cent Common Div.—
Houston Natural Gas
*
after deduc¬
Jarvis Co.—Merger Ratified—
Quarter Ended Sept. 30—
before taxes and contingencies-——*.
1944—9 Mos.—1943
1944—3 Mos.—1943
Taxes
compared with $1,444,103
-
$1,340,527
-
Profit
Detrola Corp.—Record November Sales
revenue
chased
•
311,300
V
.
and excess profits taxes,
Federal income
in
Jewel Tea
income,
Total
31, 1943".
... '"/"
"</
■
profit and loss surplus at Oct. 31,
preferred stock———
on
Doehler Die Casting
See
,
were
declared an extra dividend of 2xk
6
Period End. Sept. 30—
Oct.
on
cents
3.75
Certificates, Inc.—Extra Dividend—
International
compared with $11,203,861 on the corresponding date in
1943, and current liabilities of $8,961,529, compared with $10,396,381.
Current assets included $2,544,993 cash in banks and $3,510,170 U. S.
654,623
$1,660,827
)
•——■
—-
i.
■
■
Earnings—
assets of
—
——
post-war. credits,
1943—V.
$10,225,378.
Government
and 2.12
of
distributions
corporation during November were $3,330,980 and were
the largest in its history, C. Russell Feldmann, President, disclosed
on Dec. 8.Present output is entirely for war use.—V. 160, p. 1527.
was
'
of
(W. B.)
Sales of this
$0.71
$0.62
months' period ended Oct. 31, 1944,
shs.
per
L-
—:
due to inclusion and the contemplated in¬
clusion of the income of the company for the pciods involved in the
consolidated tax returns of United Light & Power Co., and affiliated
holding company.—V. 158, p. 1134,
per share has been de¬
payable-Jan. 31 to holders of
made on these shares on
31, 1944.
In 1943 the company paid 2.65 cents on
cents on Aug. 1.—V. 159, p. 2636.
International
820,800
12.273
$2,315,450
——————
^'Difference
tions
Casting
1,025,944
'
requirements
Balance
.
cents per
share and the usual semi-annual dividend of 10 cents per share, on
the common stock, both payable Dec. 26 to holders of record Dec.. 16.
A similar extra distribution was made on Dec. 28, last year,—V.160,
p. 2403.
'
:
,
.
-■ : y , ..
>
———————————
taxes...,.—
before
Net
Jan.
The directors
Hayes Industries, Inc.-—Earnings—
Gross sales
and
3
1
—
—
—
income
Dividend
Group shares,
Similar
31.
Insuranshares
2184.
Board of directors.—V. 160,, p.
Dec.
Feb.
246(059
$2,303,177
(net)——.
income
Gross
President since
W. Cox, Who will
Chairman of the
been elected President to succeed Guy
from that
position on Dec. .31 to become
has
on
distribution
Insurance
the
clared
Jan.
tax
'
record
Faui F.
income
Total, income, deductions-—.
•
Co.—New Pres.
irt'-consolidated. Federaf
inclusion
to
due
"
Institutional Securities, Ltd.—Distribution—
A
29,235
1 ,875,605
profits taxes—
excess
operating, income
Other
the City
Y. C., on and
I ,158,026
—
—
__——
55,000
2403.
p.
Batik Farmers Trust Co., successor trustee, 22 William St., N.
after Dec. 13, 1944, for payment at their principal amount
and accrued interest from July 1, 1944, to Dec. 13, 1944, amounting
in
ail to $1,018 per $1,000 bond. -Interest on the bonds will cease
to accrue on Dec. 13, 1944.—V. 160, p. 2184.
Joseph
Dreisbach,
F.
Centlivre,-.Clyde
Frank
of
-5 .106,724
Federal taxes..-——
$2 .057,118
^Difference
6% and 1% cumulative
preferred stock has petitioned the SEC to solicit the preferred stock¬
holders
to represent them in the
reorganization proceedings of the
company now pending before the Commission.
The committee consists
mortgage dated Jan. 1, 1907,
the sale of the property subject
and
income
$10 .126,709
——-.——,
—
State' income, taxes——
Federal
1944
Ended Oct, 31,
revenues--..-.,-.——;
expenses '
local and' miscellaneous
State,
newly-formed protective committee for the
A
of
1928,
operating
Operating
Michigan
Service
&
Indiana
160,
Light Co.—Earnings-
statement, J 2 Months
income
Total
11
Dec.
on
2047.
p.
Net
Ala.—Pays Bonds—
John Hancock Mutual Life Insurance
directors
Iowa Power &
common
of the assets of Indiana1 General
the transfer
and
Indiana
Co., to
Servic6 Co.
common stock
General
Indiana
of
the
of
Electric Co.
50-year
¥w
mortgage
Electric
&
Gas
stock
mon
gold bonds issued under indenture
having become due and payable upon
to the lien of the indenture, holders
of such bonds were recently notified that they should surrender their
bonds, accompanied by the Jan. 1, 1945, and subsequent coupons, to
first
The
V.
.
agreement.—-V. 160. p. 2402.
Gulf & Ship Island
.
stock
from Indiana Genera) Service Co. for cash in the amount of $65,300;
(2) the redemption from the public, at the call price of $110 per
share plus accrued dividends to the dare of redemption,
of 15,364
shares
of
the 67)
preferred stock of Indiana; General' Service -. Co.;
(3) the restatement of the charter oi Indiana General Service Co. so
as
to conform to the requirements of the Indiana General Corpora¬
tion Act of 1929 and so as to eliminate the authorized preferred stock
and to authorize 25,000 additional shares of common stock, and (4)
the statutory merger of Indiana General Service Co.
into Indiana &
Michigan Electric Co. and pursuant to the merger agreement, the sur¬
render by American Gas & Electric Co. of 55,000 shares of the com¬
authorized
29
Michigan
preferred stock of the latter company in. -exchange
for an equal number of shares, having a par value of $100 each, of th*
common
stock
of
such
company
together with the purchase by
the road to issue two promissory
in connection with the purchase
Diesel road switching locomotives to be acquired under, a lease
ICC
5
&
of American Gas
American
The
declared an interim dividend (No. 2) of
25 cents per share on the no par value common stock, payable Jan. 15,
1945,
to holders of record Dec. 15, 1944.
An initial distribution or
like amount was made on this issue on Jan. 15, 1244; none since.—
24,347 shares of
160. P. 1401.
Gulf, Mobile & Ohio RSI.—Notes
Dec.
on
Indiana
into
No. 2
Ltd.—Common Dividend
Investment Foundation,
approved the merger of Indiana General Service
Electric Co., both companies being sub¬
& Electric Co.
The
transaction
requires
(l).the surrender for cancellation by
"American
Gas
& Electric Co.
to
Indiana. General Service Co.
of
$2,453,155 $2,234,313
doubtful accounts
for depreciation of $774,593 in 1944
—.
_
—
After reserve for bad debts of
Approves
SEC
—
The
SEC
The
Co.
sidiaries
Total
Co.
Electric
Michigan
&
Merger—
625,000
257,000
——
...
.
Indiana
102,500
77,500
Mortgages payable —i—.—
Common
stock ($1 par)—
Paid-in
—
(S. S.) Kresge
Co.—November Sales Rose 6.2%—
Period End. Nov. 30—
Sales
—
A
Stores in
the
same
-1943
1944—Month—1943
1944—11 Mos$20,113,793 $1^,'933,684' $83,519,800 $75,493,437
.
operation in November.
month last year.—V.
1944/totaied 714. as
160, pp. 2074 and 1633.
against 723 i&-
THE COMMERCIAL & FINANCIAL CHRONICLE
2648
Sales
160,
11,319,141 109,985,697 105,861,395
11,914,659
-
—V.
2185.
p.
'
*
Sales
V;
2297.
p.
388,725,664
Co.—Amends Plan—
4
an
160,
21.9%—
Inc.—November Sales Up
2074.
tions
and
excess
580,000
York Title & Mtge, Co.
see New
$1.48
per
for
;
certain non-recurring items which may
to surplus rather than included in income at the end of
V. 160, p. 2544.
'
directors
The
share
per
stock
record Jan. 2.
This payment
annual basis of $1 per share.
It is the
an
on
of
equivalent of $3
the split paid $2.50.
,
for
annually
which
stock,
old
the
to
prior
November Sales Rose 21.2%—
1944—Month—1943
1944—10 Mos.—1943
$7,865,754
$6,487,850 $69,411,986 $60,293,898
Period End. Nov, 30—
Sales
—V.
—
160,
(E.G.) Le Tourneau, Inc. (&
Net
—
Earnings
—V.
and
charges
1633.
taxes-,—...
share—
common
per
160, p.
——
—-
-
after
income
1944
1943
$34,622,440 $30,361,177
1,889,735
1,912,449
$4.02
$3.97
——-
•,
Nine Months Ended
1943
per
the
1,165,588
$857,007
$829,087
$721,667
for
$608,192
$485,255
.
>
30.
or
sales
as
and
be
Net
charges,
&
excess
profit
of
Earnings
net
472,600
share——
472,600
$1.83
shares.
common
$21.97
gains
figures.—V.
in
92%
of
the
of
Little
ultimate
p.
recent
is
offer
buying
will
beneficiary
accordance with
deposited in
purchase it.
to
the
company
the
be
Rhode
the
including
Tax
net
Island
terms
each
'
1943
-1944
1943
1944
$1,922,087
profit—
1942
$961,745
$1,353,210
1,879,465
($25
par)—
per
647,282
—V.
510,600
" $1,88
510,600
$2.65
depreciation, interest,
the
85,694
$1,162,230
$1,516,983
$1.90
$1,461,897
$1.46
—w
$1.83
share———
Louisiana
Power
will
Operating, revenues
$1,201,567
Operating-eXpenses
592,607
160,874
Federal
—Jit—
taxes
Other
tax£s~
1944. net profit was $528,590, equal
738,008, or 92 cents a share for
30,
comparing with
share,
a
1943.—V.
September quarter of
160,
1237.
p.
/.
;
McLellan Stores Co.—November Sales Up
—
11.9%—
be
Prop,
ret/ fes.
approp.
iK.-ia
.
that
9 Months Ended Sept. 30—
Sales
Net
The
65,165
.'829,878
Outstanding
159,
oharges
'
&
151,000
82, £7 2
1,633,191
$2^800,108
share—1
common
1943
$6,337,623
$6,528,878
111,734
113,164
$0.98
149,133
113,164
$1.31
^
7,921
—
from
Gross
Int..
on
Other
Int.
income
mtge.
int.
&
chgd.
to
—
$138,681
$13,7,3,13
42,500
'72.917
bonds-__
deducts.
*'34,480
690,264
$2,093,385
875,000
,
*1,342,550
86,695
Cr41,5G6
7,009
Crl7
construct.
$2,807,600
*
Net
income
$111,718
—
applic.
to
pfd.
stock
for
$107,388
the
period
grade
•In
count
ated
order
an
granted
the
and
with
refunded
——
dated
company
expense,
the
in
—
first
March
30.
permission
1944.
co
the
dispose
cm,019
$816,352
356,532
and
obtain
officials said the body apparently was a large one of low
ore.
Drilling to date has been done by the Bureau of
on
the basis of the Bureau's reports the company decided
The
cash,
unamortized
debt
dis¬
duplicate interest and redemption premium associ¬
mortgage geld bonds. 5% series, due Dec. 1. 1957,
April.
1944, by charging income with $750,000 for the esti¬
mated saving in Federal excess profits taxes arising from the refund¬
ing transactions and to dispose of. the remaining $376,262.04 over a
three-year period from date as of which the refunding transactions are
completed by equal monthly charges to "amortization of debt discount
and expense."—V. .1.60, p. 2297.
showed
a
the
rene¬
post-war
credit
refund
for
of
1944—11 Mos.—1943
$3,003,245 $32,554,365 $35,221,168
mechanical
the
on
1,
leave
Aubrey
been
G.
of
Dec.
28,
this
Corp.—72-Cent Distribution
A
New Director—
dividend of
a
Fed.
profit
.
'
1944'
.
$787,651
.
v
L.
51
action
at
will
income
606,491
taxes—.
$181,160
——.
$2,055,689
1,644,551
V$295,805
$411,138
•1944
Quarter Ended sept, 30—
after
•Profit;—V.
retire
160,
reorganization
of
at Kansas
Reeves
at
p,
■
Mid vale
Co.,
of
under
consist
May
'J'*"
bonds
the
present
schedule.
first
•After
issues,
mortgage
one
the other $10,800,000 maturing in
declared
on
Dec.
1959.—V. 160, p. 2298,
record Dec.
were
20.
the
6
a
first
no
bonds
due
Tnis
Boston
First
has
Corp.,
1188.
dividend
of
payments
or.
the
15
cents
per
share on
in many years.—V.
stock
730.
1944
160,
ended
ton
Miller
$2,727,468
$4.55
$4,021,274
$6.70
outstanding
interest,
tional
6%
Trust
&
111.—V.
159,
&
Co.,
p.
with
the
SEC
a
.
of
taxes
$13,023,000
stock
common
par
in
outstanding.
"
'
gold
be
debentures
made
at
the
trustee,
successor
due,
by
extension,
on
on Jan. 1, next, at 102
Continental Illinois Na¬
231
So,
La
Salle
St.,1
352.
Ontario Paper
Co.
(Minn.)—Earnings—
(Including those of its directly or indirectly wholly owned
United States and Canadian subsidiaries)
dt/;
Pefibd End. Sept. 30-—
1944—3 Mos.—1943
$5,849,881
4,957,511
4,568,479
Soiling, admin, and gen-,
'drrip expenses-—.JJLJ-1-
455,287
432,893
$437,083
$791,091
1-9
•PI-1
'
'Net
profit
opei's-iJ
on
(netTi£L_
1944—9
M^!Ul.943.;
'$^743,458
$5,792,463 $17,715,071
sales.,-,,......'..:!ilJ-
14,798,227/
1,^14,19
Xj|73,944
?>*r tttr
"'$'2,525,213
65,021/!; ' 82,230.
$1,502,647
1,820
51,482
income—Juli-
$438,903
$842,574
$1,567,6681
S2,G0'?,44!j'
tPayfrienW'
—-:J_Interest on'income mtge.
Crl72,986
Cr45,60S
Cr234,537
J9r235,464
86,659
102,905
269,702
316,662
profits taxes„_
inc. mortgage
188,587
206,200
588,587
884,409
purchased Cr-_
190
11,806
10,653
50,777
income--
Cr3 354
$340,187
Othef 'incbdic
-
2
,-KI
Total
■
'
03.1;.
for
Gain
on
bonds
income
Extraordinary
and
Cr3,354
$493,668
$347,928
$1,221,634
334.236'
1,012,830
998,138
99.648
142,811
244,695
•Includes:
Charged to depreciat'on
declaration seeking per¬
mission to issue a 2V-iric,
unsecured note in the principal amount of
$3,000,000. dated Feb. 9, 1945. and due Feb. 9, 1948, to First National
filed
no
called for redemption
Payment will
Bank
Chicago,
of
•
1850, have been
1,
with
compared
shares
Hart, Inc.—Debentures Called—
&
the
of
credit),
600,000
1738.
July
$3,000,000
Notes—
has
$3.92
1941
1942
"
1943
$2,355,443
$4.20
for taxes and other reserves, including
$2,317,500 in 1943 for contingencies.
Taxes for
Sept, 30, 1944, were $9,856,373 (including provision
of war contracts)
and $12,306,100 in
1943
(after
post-war
160, ,p.
All
.
company
Approved—
been approved by Federal Judge
W'th all parties in accord, accept¬
1944 and
renegotiation
deducting
par
Massachusetts Utilities Associates- -To Issue
The
of company
out
gold
charges/provisions
months
12
for
Prov.
value, payable Jan. 2 to holders
A like amount was paid on July 1 and Oct. 1, last,
outstanding capital stock,
which
p,
was
has
*.$2,519,531
in
excess
of
year
Consol. net income—
charges will remain un¬
be reduced.
The bonds
totaling $10,500,030 due
Interest
payments will
annual principal
two
1955,
Agreement—
Martin-Parry Corp.—Cash Dividend of 15 Cents—
the
Dec.
the
paid in January.
15-year
The
of
p.
City.
share
com.
Nei)'$ales_f_>.
1297.
holder
the
but
of
1,
for
Co.—Earnings—
per
$524,525
1943.tr
reached an agreement with the Metropolitan Life
of its entire bonded indebtedness, providing .for
without premium within 8 years, against,. 11
has
company
Insurance
changed,
cer¬
business
total
maturity,
of
trust
by security holders should be completed by Jan. 20.—
profit
tEarns.
•$56,244
$31,331
charges
160,
Marshall Field & Co.—Indenture
years
of
close
the
share
per
this issue.
2298.
p.
*C<M of
The
cents
voting
having been
cents
to
the
bring
$1,232,000
Vice-President
director.—V.
a
the plan
160.
1942
1943
$1,478,772
1,182,967
depreciation, interest and provision for Federal income taxes.
160, p. 1297.
"
-'J ' ' 1. ■
■:
loss
72
holders of
to
record
of
stock,
took
1944
dividend
refunding,
Lanston.
plan
of
ance
V.
Margay Oil Corp.—EarningsNet
always
the entire outstanding funded debt.
the class A and class B stocks outstanding'.
only
and
Net
not
representing
elected
Albert
-Earnings—
Sept. 30—
—————
for
is
highest dividend ever declared on
the
class
also
without
1945,
it
reasons
declared
12
certificates
stock
directors
and
1942.
160, p. 2075.
the option for further exploration.—V,
9 Months Ended
•Profit
$1,142,709
356,532
$459,820
$786,177
Federal Power Commission
of
Govern¬
reduces
share to $568,786
a
copper
Mines
to
taken
has
company
There
Balance
the
it
that
company
1944—Month—1943
bonds
Dividends
the
$3,318,425
payable
Payment
$1.23
to
•Net
Option—
Copper Co,—Mineral Land
retirement
.
and
the
report,
Petroleum
stock,
is
and
1944.
1288.
p,
purchase option on a mineralized area
in Arizona, about 46 miles northwest of Tucson, and plans to drill this
month to determine whether the ore body is commercial.
The
$2,085,464
7,492
183
with
renegotiation
reached
160, p. 2298.
Dec.
on
class A
The
1944
'
taxes
shares————^—-.
common
Earnings per
776,913
1,315,569
$187,130
will
v
possible.
as
States
dividend
20,
1944—10 Mos.—1943
——
—
after
income
—V,
1,503,233
249
'
.
to •arrange
companies in exact alphabetical
However, they are always as near alphabetical
Minnesota
1,257,785
$188,432
(incl.
net capital loss
$7,693.754*, in which
to
Middle States Utilities Co.—Plan
1944—12 Mos.—1943
173,280
(ndt)
final
been
1943
deducted
—
directors
the
on
Macmillan Petroleum Corp.—Earnings—
c.
income
be
to
subsequent
income
2074.
p.
•After
$1,156,012 $13,379,313 $11,802,547
647,765
6,858,351
6,121,363
oper.: 'revenues
Net
Other
expect
and
2545.
p.
Middle
would
$3,401,214 $31,263,318 $29,158,037
$3,805,910
——_
160,
'
1944—Month—1943
Period End. Nov. 30Sales
—V.
510,600
$1.74
108,654
—
1943
taxable
applicable
any
•
has
In-the
sales
160,
Jan.
etc.—V. 160, p. 1633.
1944—Month—1943
to
effect, no Federal income tax
—To Pay Bonds at Maturity—Elects
Light Co.—Earnings—
&
.
less
trustees
for
the
profit from $799,285, or $3.20 a
net
share.
a
tificates
shares.
quarter ended Sept.
cents
66
the
—V,
Period End. Oct. 31—
of
all
in
now
announces
business
position
767,312
81,287
—
—1
798,000
Prov.
—510,600
share——
$3.90
•After Federal taxes,
equivalent
6,813,103
Melville Shoe Corp.—November Sales Up 10.5%—
$4,690,549
2,320,559
73,109
development-
Marion Steam Shovel Co.1941
$990,420
Shs. of com. stk. outstdg.
Earnings
the
as
company"
1404.
p.
Period End. Nov. 30—
Retail
—V.
30—
140,643,967
for
1943 amounted
31,
profits taxes.—V.
excess
1942
$4,110,130
1,919.664
$3,608,190
_t—1'
income
•On
Loose-Wiles Biscuit Co. (& Subs.)—Earnings—
Net
share
per
year
securities
Dec.
NOTE—For
provision
Company
a
832.
9 Mos. End. Sept.
*
152,541,277
quotations,
provision of $718,000.
Final agreement necessitates a total
renegotiation refund of $948,499,
Of this sum, $651,288 is to be
in cash, half of which has already been paid.
The remaining
The
>
trust whose
Foundation.—V. 160;
trustee for
sole
as
1,993
$1,513,046
Electric Co.—Renegotiation Completed—
order.
493,386
income
I.—Sale Effected—
the ownership which has directed it
Royal Little has been effected with over
to
stock
company's
Little's
Mr.
Mr.
century
1,692
gotiation
Mclntyre Porcupine Mines, Ltd.—Earnings—
Magma
this company from
a
1944
securities
on
12 Mos. End. Sept. 30—
of
market
at
investment
on
at
160,
1S43
1297.
p.
6 Months Ended Sept. 30-r~
Gross
For
.
than
61,938
$2106
————————
160,
.
more
74,684
$1,493,542
regulations
company
$297,211
$975,212;
4,883
79,809
shares——
securities
gains
which
on
or, $2.27
*1943
$9,011,773
2,182,212
1,207,000
$868,066
70,332
24,624
withheld———.
distribute
company's 1943
,•
-
__
per
to
Master
The
paid
——_
income
State
&
Number
to
Hulcy, President,
Transfer
$1,294,091
~"4,991
taxes—.
securities——
of
"regulated
a
under tax
ment
,
•
in a letter accompanying the 30-cent yearend
dividend checks, discloses that beginning in 1945 the company
will initiate a new policy of dividend payments.
For the past several years the
company has paid three dividends
annually, but during the coming year these disbursements will be on a
quarterly basis.
The present intention is to pay 15 cents in each quarter arid,
if
conditions warrant, an additional payment of a largest amount will be
disbursed as a year-end distribution.
.
Mr. Hu'.cy's letter points out that while there is presently no reason
to doubt the ability of the company to pay regular quarterly dividends,
such payments are to be based
upon earnings and, therefore, may
fluctuate or be discontinued according to earnings and conditions.
The
move
was
prompted, Mr. Hulcy said, by a decision of the
directors that such quarterly payments will assist many stockholders
in meeting their Federal income tax payments.—V. 160, p. 1971.
for
$1,387,552
surtax——
miscell.
^
and
incurred.—V.
/
1, 1945, at
1944
$10,769,111
2,253,066
profits taxes
1,335,000
Sept. 30—
—
after
Federal
Initiate New Dividend Policy-
Lonsdale Co., Providence, R.
142,157,013
—
„
unrealized
on
years
,
McGraw Electric Co.—Earnings—
Net
Payments to Be Made Quarterly—-
"9,881
shares in
6.942,970 shares in 1944 of $1 par value each outstanding
tNo provision has been made for Federal taxes on income
taxed
for re¬
fiscal year, no provision
1943
and
&
of
carrying
1943
in
and
$2.0G
$2,36
$2.44
21,714
10,759
12,635
—
on
1943
102 and
interest, $55,000 of 4%% 15-year prior lien sinking fund bonds and
$19,175 of 4% 15-year mortgage sinking funds bonds, both issues 1952.
Payment will be made at The Royal Bank of Canada, in Montreal,
Toronto, Winnipeg or Vancouver, Canada.—V. 156, p. 2133.
Depreciation —
stock———
Lone Star Gas Co.—To
A.
1,470,000
stock
Federal' taxes
assets
•Based
$20.64
has called for redemption on Jan.
company
Federal income
capital
—w——
carry-over
•Earnings per common
D.
for
repurchase
•Net
profits
excess
McCormick's, Ltd.—Partial Redemptions—
$1,887,255
1,954,469
share on 350.140 shares
(par $5) common
—V. 160, p. 1296.
122,457
—„
1,042
for
Total
Trust Co. of New York has been
appointed copreferred stock without par value.—V. 160, p. 1527.
Guaranty
The
1942
$2,783,556
/ 2,789,433
——_
156,727
1944——__I
30,
payable Oct. 20—',———
possible
Sept. 30—
1944
taxes—.—$3,646,440
*—•,—
profit——-.—-,—————
Net
Earns,
&
—A—
settlement
on
Costs,
taxes
30,000
5,201,387
75,406
__
Sept.
5,264,342
cost
.
.
Profit before Federal
Federal
6,011,546
—
at
—
purchase
Corp.—Earnings—
Savers
$
131,472,963
quota¬
'
sold
for
case,
The
•Revised
Life
1943
154,034,819
realized
Profit
Subs.)—Earnings—
market
at
sold
due
for
1,955,255
2,321,930
._
income
profit
12 Months Ended
10 Mos. Ended Oct. 31—
30
141,647,156
1
receivable—
receivables
Employees
negotiation-is believed required.
Net
Sales
charges-.
Canadian
Note—Based
2404.
p.
and
registrar for
an initial/dividend of 25 cents
(three-for-one) common stock, payable
places the new
split
newly
holders
Sept.
Total
1943
1944
1,713,738
declared
Dec.. 12
on
the
on
to
15
Jan.
shares
divs.
Payable
$27,519,224 $22,741,756
after
income
Federal
Common Rate in De¬
Stores Corp.—Increases
Lerner
securities
Reserve
Co-registrar—
claring Initial Dividend—
indebt.
Payable
Years Ended Aug. 31—
V
,
of
interest
tReserve
75,199
$0.38
1738.
160, p.
Net
be credited
the year.—
Assets,
——6,153,819
for
Distribution
$3,256,417
;
—
Net
represents
1,247,540
Net
quotations
—
for
.
1944
Sept. 30,
Ended
Months
Nine
sales
$368,227 of the 1944 net
White, President, points out that
V.
ctfs.
for
Other
profit after charges & taxes
.'—'
share on 200,000 shares of stock————-
1,929,127 shares.
•On
Robert
■
income
1,179,691
securities.
on
of
In
Sept.
share
,:'Earnings per common
1.247,035
1,387,552
losses
or
122,095
$
Receivable
Manufacturing Co.—Earnings—
^
$1,532,015
$0.79
$1,992,585
$1.03
$3,004,570
$1.56
profit after chgs. and taxes.—
Net
1942
$1,260,923
S.
Accrued
McCord Corp.—Earnings-
1943
-
gains
market
Receivable
$376,546
150,000
$2,51
150,000
Net
(& Subs.)—Earnings—
1944
Ended Sept. 30—
$1,125,911
Liabilities-
below,—V. 158, p. 2546.
Lehigh Coal & Navigation Co.
9 Months
$1,329,551
banks
(demand deposits)
Treasury tax savings notes..—
S. Treasury short-term
obligations
U.
$221,704
—a——_j;—4——
Earnings
—V.
Guarantee Corp.—Distributions-
Cash
380,000
Earnings per
Lawyers Mtge.
1941
$1,383,017
-
of
Treas.
S.
U.
Net
—
160, p.
1942
$1,230,758
104,847
1944
$956,546
outstanding—
McAIeer
1944—Month—1943
1944—11 MOS.—1943
$3,349,283 $2,748,073 $32,006,016 $27,078,070
1943
$1,456,159
126,608
$1,395,105
_
—
at
Securities
•1943
1944
share-————
*—;
reported before renegotiation.—V. 160, p. 1297.
•As
Lane Bryant,
Net. sales
profit
Earnings
2544.
p.
Period End. Nov. 30—
—V.
Net
Trust—Earnings, Etc.
Assets—
Receivable
Shares
Feb. 9, 1942,
$3,000,000 held by
1944
Statement
$601,704
—J———
profits taxes-
charges-
after
income
Federal
dated
of
and Treasurer.
Nine Months Ended Sept. 30—
income
note
amount
124,881
—
•Exclusive
Corp.—Earnings-
Lynch
unsecured
principal
$1,519,988
;
Dividends
U.
Net
the
2405.
p.
income
Expenses
Riegel, who has been Secretary and Assistant Treasurer,
been made Secretary and Treasurer.—V. 160, p. 2074.
has
.
V.
Gross
L.
Clarence
2'/2%
a
in
1945.
9.
160.
Massachusetts Investors
President, succeeding A. C.
Klotz has been serving as
H. P. Klotz has been elected
Jr., who retired Dec. 1,
Mr,
Vice-President
amendment, filed by the company to
its plan of recapitalization..
It provides for establishment of an escrow
fund
sufficient
to
pay
redemption premiums and interest on .he
series C and D 5.Va%
first mortgage collateral and refunding bonds
due 1953 and 1960.
'■
Under a plan approved last May the bends , were' to be discharged
at principal amounts plus interest, but without the payment of a
redemption premium.
Objecting bondholders appeared before the SEC
and the District Court for Eastern District of Missouri and indicated
their intention of appealing after, the plan was approved by the court.
The fund is to be placed in escrow with St. Louis Union Trust Co.
approved Dec.
SEC
Feb.
bank.—V,
3 Mos. End. Sept. 30—
President, etc.
Luscombe Airplane Corp.—New
Leopold
Laclede Gas Light
"
.
redeem
to
Boston,
due
the
made on the class B common
Sept. 25 and Dec. 23. 1943.—
'
25 cents each were also
Jan. 27, March 25. June 25,
Hastings,
The
and
a
•Net Income
2185.
P.
8
of
on
160.
declared
stock, and
Dec.
on
$
$
$
35,814,153. 32,396,938 409,377,824
—
160.
stock
1944—48 Wks.—1943
1944—4 Wks.—1943
Period End. Dec. 2—
Bank,
dividend of 25 cents per share
on
the class B common
the usual quarterly dividend-df
371/2
cents per share on the class A common stock, both payable
Dec.
26
to
holders of record Dec.
18.
Similar distributions were
made on these issues on March 25, June 26 and Sept. 25, this year.
directors
The
Payments
Baking Co.—Sales Rise—
Krcger Grocery &
—V.
-1943
1944—11 Mos.
1944—Month—1943
(Dei.)—Dividends—
Louisville Gas & Electric Co.
Co.—November Sales Up 5.3%—
(S. H.) Kress &
Period End. Nov. 30—
Monday, December IS, 1944
Charged to depletion
tP""mcnis to Commodity
p.
1B28.
1528.
339,076
•
2,996
Prices
Stabilizi'tioh Corp., Ltd.—V.
!
'■
bi"
120,
Volume
The
(Excluding Wisconsin Central Ry.)
Period End. Oct. 31
Railway
expenses-
Railway
accruals—
tax
555,188
M42i930
2,321515
162,334
100
•>:
Rents—net
$858,602
15,554
3,208
$482,134
$861,810
$5,382,463
10,947
■—
$4,573,943
$5,267,811
$466,580
income
cper,
11,864
103,816
....._j.__.
111,937
114,652,
$4,685,830
107,259
*,
opei\ income
ry,
income
Fixed
256
21,056
182,423
9,813
deducts,
Misc.
536,117
105,678
.
5,299,613
O.her
income.
income...-...:.--
Net
1944—12 Mos.—1943
1944—Month- -1943
$372,362
$8,981,008
$9,492,330
Operating expenses
194,792
Federal
174,313
217,304
163,251
2,421,665
1,811,729
79,843
81,464
2,283,246
1,729,422
906,511
947,644
quent
62,500
62,500
750,000
750,000
are
L.
taxes
taxes
retlr.
Prop,
approp,
res.
,574
6,923
6,886
revenues-
$292,932
$347,269
$3,304,906
$3,554,406
income———
1,009
838
11,893
577
investments--
completed,
,
oper.
8,785'
I
-
Interest'
$3,563,191
$3,316,799
$348,107
$294,031
income 'i....—
Gross
$429,335
$0.51
$904,206
$1.38
taxes
134,877
125,394
1,614,311
1,547,699
$159,154
$212,713
$1,702,488
to
the
period—
986,160
income
ii——
Federal
taxes
Dividends' applic to pfd. stock for
—V. 160, p. 2075.
directors
Dec.
9 Mos. End. Sept.
Dec.
Dec,
taxes
on
1944—Month—1943
1944—11 Mos.—1943
$7,897,392
$6,802,123 $75,250,935 $70,573,013
Period End. Nov, 30—
.
stock.
capital
>
1942
revenues
expenses
....
taxes
1944, as com¬
month lasFyear.—V. 160. p. 2075.
pared with 206 in the same
439,049
5,750,779
5.558,185
159,602
63,156
755,386
oper.
70,086
65,626
684,725
61,000
approp.
771,949
80,000
770,000
916,667
'
Int.
int,
&
•
Total
310
6,537
1,412
$178,055
$2,445,799
$1,668,962
Miscellaneous
66,667
760,417
800,000
Provision
Fed.
8,616
320,232
120,556
Prov.
Net
30,746
Cr9,729
$51,973
.....
stock
for
$102,772
the period
$1,365,150
$758,135
*266,856
399,960
$358,175
———
preferred stock outstanding.—V. 160, p.
$6
1739.
joint application
filed by the corporation and City Light & Traction Co. for authority
to consolidate their electric facilities.
According to the application
Missouri Public Service has contracted to purchase from Cities Service
Power & Light Co., parent of City Light & Traction, all the outstand¬
ing City Light & Traction common stock for $1,257,000.
Following
acquisition
the stock Missouri Public Service proposes to liquidate
Light & Twtctirm and to acquire all Its assets and assume all its
Power
Federal
liabilities.—V.
Commission
Period End. Oct. 31—
revenues
Operating
460,580
308,658
taxes..,—
128,817
'
revenues..
oper.
Other
$621,314
$550,761
(net)..—
7,447
13,848
$628,761
$564,609
income
'
?, 076,332
$6,491,678
83,624
$6,763,330
$6,936,846
173,516
202,566
204,858
$426,195
$359,751
$4,114,429
$4,384,423
to pfd. stock for period.....
957,534
957,534
Interest
income
....
.
Dividends -applic.
—V.
2,047,368
$6,575,302
2,460,873
income
Gross
Net
169,692
168,935
approp.
Net
.
depl.
and
Statement—
$1,828,968 $21,569,684 $21,712,408
531,012
5,955,338
5,792,341
419,374
5,524.502
5,300,032:
153,129
1,550,798
1,780,373
$1,688,304
...
taxes
res.
a
1944—12 Mos.—1943
1.944—Month—1943
:
expenses
retir.
received
(& Subs.)—Income
Montana Power Co.
'
Other
has
160. p. 629.
Operating
Prop,
31,485
1,480
2,552,423
160, p. 2075.
Co.—Earnings—
Montgomery Ward &
1944—3 Mos.—1943
Period End. Oct. 31—
profit—
income
8,520,000
8,160,000
State
&
taxes.
$21,907,955
3,955,000
3,850,000
.......
Excess
profits taxes-
Excess
profit tax credit
7,265,000
725,000
profit,
$6,048,047
Net
•Earns,
on
—
210,000
expense
for
for
11,736
t2,785,000
7,254
1775,000
250,000
$1,435,03F $1,391,165
$1,400,948
712,961
950,615
475,308
950,615
......
...
——
cost of
deferred
§2,947,500
taxes
income
Net
712,961
Earnings
950.615 '
par)
($10
stock
common
billable
10,750,000
1,075,000
440,000
costs
and -fees
on
cost-plus-a-fixed-fee
taxes.
cludes
$2,525,900
excess
for
Note—Provisions
$701,850 in
profits
tax
credit
for
the
:
.
amounted
depreciation
in
1942.
process dies
other assets.
1944-LTO'Mos'.1—1943
74,749,381
p.
2406.
,
64,452,361 541,418,356 529,164,687
>
h.t
Moore-McCormack Lines, Inc.—Earnings*
■
9 Months Ended Sept.
Net
profit after
Federal
—V.
160,
income
p.
30^
!
""
.
1944
1943
operatingietc'l,'exp., but before
taxes.
—.
$2,547,925
$2,661,858
to
$744,982
in
Profit
Net
profit
before tax
Post-war
'Federal
adjust,
and
—
and
reserves
taxes
....
-
hiiih
$193,337
$255,461
390,254
$0.50
•Adjusted "tV leflect provision for ie^liinated necessary
under possible "renegotiations.—v. 160, pVT634.
*
90,000
810,000
390,254
:
shared outstanding
.'Earnings -per: share
1944
1943
*$1,051,133- $1,505,285
666,337
1,155,461
$0.65
adjustments
Dec.
Dividend—
dividend of $1 per share on the
a
holders
to
27
June
cents;
37Vi
$1.—V.
160,
of
Dec.
record
This
18.
of
shares
all
Lime
30,
cents;
50
Sept.
28,
75
and
cents,
1189.
p.
Co.—Listing of Additional Stock—
Stock
York
New
stock
common
the listing of 24,119
in connection with the.
has authorized
Exchange
($1
par)
,
issued and outstanding capital stock of
Inc.,
making the total amount applied for
of
the
Co.,
directors authorized the purchase of all of the
the Kimoalton
(Va.), and authorized payment therefor by the issuance
of 24,119
shares ot common stock and the payment of $39,400 in
cash for all ox
the outstanding common stocK of Kimbaiton (1,000
shares of $100 par each)
and the payment of $25,500 in cash for
all of the outstanding preferred stock of Kimbaiton
(250 shares of
$100 par).
The Closing date' under the. purchase contract is Dec.
20, 1944.—V. 160, p. 2076.
Nov.
On
Lime
1944,
28,
outstanding preferred and common stocic of
and
Co., Inc.
National Investors Corp.
directors
The
capital
This
1941
a
(Md.)—19-Cent Distribution
dividend of
cents per share on
19
the
holders of record Dec. 18.
14 ceuts
23, ls43, ana 10 cents on Jury 20, 1943.—v. 160, p. 1740.
stock,
payable Dec,
$1,
par
to
23
with 11 cents per share paid on July 20, last;
compares
Dec.
on
declared
have
cn
$300,916;
customers.
for
patterns
and
investments and
$593,663;
plant
property,
V
accounts,
Liabilities—Trade
30—
(&
Subs.)—Earnings—
1941
1942
1943
1944
•
Net profit after charges
taxes
and
.
.
•Earns,
•On
per
share.
com.
215,791 shares in
1941.—V.
and
$326,132 ■: $428,959 $1.51
$1.99
$371,874
$1.72
...
;
$635,834
$2.95
1944 and 1943 and on 215,794 shares in
1942
160, p. 1189.
and
-'
$39,361,327.
Oil Products Co.
National
9 Mos. End. Sept.
:
payrolls, $2,438,578; taxes withheld for payrolls, $550,174;
employees'
deposits for purchase of war savings . bonds.
$164,622;
taxes, other than Federal taxes on income, $530,276; Federal taxes on
income, estimated (less U. S. Treasury tax notes to be applied in
payment
$600,800),
$2,769,350;
advance
payments
received from
$3,787,923;
contractors on cost-plus-a-fixed-fee contracts, $9,281,915; re¬
serve for
employer's liability insurance. $30,000; reserve for deferred
costs of war production, $500,000; common stock (par $10), $9,506,150;
capital surplus, $5,688,172; earned surplus, $4,114,167;
total. $39,-
eral
$1,038,589
$999,025
261,009
881,537
846,039
21,517
78,799
69,938
$30,480
$9,059
$78,253
$83,048
.....
admin.
Selling,
$291,585
312,838
23,890
sales
of-
&
gen¬
expenses
Net
profit on opers._
Other
income
1944—9 Mos.—1943
$367,208
sales...._
•Cost
Co.—Earnings—
1944—3 Mos.—1943
Period End. Sept. 30—•
Net
adjustments,
renegotiation
including
National Pole & Treating
-
829
70
616
Drll,l60
$31,309
$9,129
$78,869
$71,888
33,000
28,000
(net)..
prime
Total
Int.
income
entered
lias
into
V-T loan
a
agreement which
-
-
5,016
1,263
■
and
income
for
4,000
13,000
protits
taxes..
Extraord. inc. deducts..
excess
loan—Company
debt—.
funded
on
Provis.
Cr2,261
-.
provides for bank credit in the maximum amount of $25,000,000 for a
has agreed, among other
covenants, that, while any of the credit is available to it, it will not
permit its net current assets to decline below $6,500,000 and will not
pay
dividends in excess of $300,000 plus 65% of the net earnings
subsequent to Aug, 31, 1943.—V.' 160, p. 630.
period
expiring
June
30.
1946.
Net
Company
-V.
$3,866
9,232
8,862
27,114
D»nnJnm.tinn'
r\tt'1
ri.
Mutual Broadcasting. Co.—Officials PromotedC,
sales manager, and Carl Haver'in, station relations
have been elected Vice Presidents of the Mutual. Broadcasting
E.
Life
Wallen,
Controller,
has
been*'named 'Treasurer.—
Insurance
Co.
Dividends
of
1 t'rea*-'
•
to
of
purchase shares of any class of stpek the
Present articles bar pre-emptive rights 'to pur¬
in exchange for preferred stock.
The company
also proposes to amend the articles to reduce the maximum number
of
prior preferred shares authorized to be outstanding from 1,544
Board
Directors
of
has
comnany
$1,200,000/ of
160,
National
joined
had
from
4 denied the
company's application to abandon that
of its line of railroad extending generally in a northwesterly
direction from Union City, Obion County, Tenn., to the end of the line
Hickman,
2406.
Fulton County,
Ky,,
approximately 16.57 miles.—V.
160,
.
has been
company
National Tea Co.,
Dec.
2,
—
TlkP New York Stock Exchange' has authorized the listing of 500,000
shareft'df 1 common/stock
160,
p.
(par
2545.
$1),
all of
which are issued and out¬
in 1943 to 831
1944.
40 Weeks Ended—
profit
per
Chicago—Sales Increased—
in operation decreased from 881
Earnings
•Net
Assistant
1944—4 Wks.—1943
1944—48 Wks—1943
$7,769,120
$7,123,366 $91,396,267 $84,670,793
Period End. Dec. 2—
Sales
at
elected Vice-President and Controller.
Controller in March, 1942, coming
as
Ward & Co., Chicago, where he had been
Controller.—V. 160. p. 2076.
General
Earns,
National Airlines, Inc.—Listing of Stock
standing.—V.
the
The number of stores
The ICC on Dec.
at
2186.
Montgomery
portion
P.
p.
Supply Co., Pittsburgh—New Vice-President
H,. Thorsteinson
E.
He
to
issued.
securities issued
620.—V.
to
•
nearlyiff - the total amount of
dividends to be paid to policyholders in
1945 by1 this company has
been tentatively approved by the trustees; iP'was announced on Dec. 8
by Lewis W, Douglas, President/ <*''■
1
The amount allotted for-policyholder "'dividends in r 1945,
he stated,
is
$14,400,000, as compared' with f,$13,200,000 in
1944, but is still
subject to final approval; by .the company's trustees at their first
meeting in 1945.—V. 160, p. 2545.
! %
increase
Amend Certificate—
has called a special meeting of shareholders for Dec. 21
the
company's articles of incorporation to permit
the
amend
to
chase
Policyholders Increased-10%-L- '
26,580
,
160, p. 631.
The company
Barnes,
System.
J*»
s
V. 160, p. 1805.
-
$38,872
j
i-
ti
:
$48,130
National Refining Co.—To
Tvijifur.!
Cr2,261
$20,570
;
profit
Mnclud. deprec. charges
Denied—
35,000
438,000
reserves..
Canadian
profit
Common
$1.19
the
or
share for
common
a
1,734,511 shares
1944;
Nashville, Chattanooga & St. Louis Ry.- -Abandonment
3 Months Ended Sept. 30—
Operating
31.
of
§In-
of $225,000.
equipment (less reserves
for
depreciation
and amortization
of $6,385,597), $7,886,7001 real
estate, not used. in operations,- held for sale, $27,285; goodwill, $1;
prepaid
taxes,
insurance,
and
other
expenses,
$488,001;
total,
1739.
Motor Products Corp.—Earnings—
declared
8
payable
Kimbaiton
..
.
.
Balance Sheet, Aug. 31,
,
.
Mutual
1944—Month—1943
Sales
160,
$1.25
7o cents paid on Sept. 30, 62'/2 cents on June 30 and
March 31, this year.
Payments last year were as follows:
acquisition
contracts.
and on hand (including approximately
$105,000
agreements
with
prime' contractors),
$7,860,319; war savings bonds on hand for sale to employees and cash
on
deposit for purchase thereof, $194,622; trade accounts receivable,
$6,181,392; unbilled costs and fees on cost-plus-a-fixed-fee contracts, '
$11,502,194;
claims under terminated war production contracts,
at
cost and estimated profit, $170,635;. amount receivable from Defense
Plant Corporation, $145,734; inventories. $4,009,865; finished and in-
An
-V.
profit was $264,496,
net
or
p.. 630.
with
c-n
24,
The
deposit
-restricted
under
November Salfes—
Period End. Nov. 30-r
Dec.
profits tax less $252,500 post-war credit.-
and $672,392
1943.
Assets—Cash
manager,
quarterly and 9« months
periods of 1943 represents prior years' excess profits taxes-refundable
under carryback provisions of the Revenue Act.
■>' /
■"
*
160,
iIncludes $2,250,000 excess
.
profits tax, less post-war refund of excess profits tax
Z.
5,217,147 common shares.
'
Note—Excess
March
$1.47
$1.46
$1.51
share.
per
cents
issued
profit .A...........
of
Dec.
on
stock,
compares
50
pro¬
war
Dividends
$6,882,762 14,029,784 $14,187,955
$2.52
$2.49
$1.25
.41.2s
42.49
$2.52
$1.09
share-
per com.
•Based
ly43.—V.
of
directors
additional
duction
V-T
1944—9 Mos.—1943
$16,438,047 $10,627,762 $32,224,784
.....
Fed.
for
Frov,
share...
per
quarter
The
49,874
11,519
.
361.327.
Net
Tne
1943, "
1943
$899,842
$4.14
1944
$694,673
$j.07
j
taxes
and
192,815 common shares.
September, 1944, quarter
share, against $273,807,
common
1,090,270
equipment
&
machinery
land,
of
•Includes
Service Corp.—Proposed Acquisition
Public
Missouri
Federal
cents
tne same as paid in
(& Subs.)—Earnings—
30—
after-charges
National Gypsum
(■Includes $150,000 for excess profits
The
1941.
15,
$3,584,864
1,162,320
deductions
31,250
$1,098,294
on
$5,633,185
2,559
35,257
—
service,
admin, and gen.
and corporate taxesloss on abandon, and disposal
Shares
•Based
Dec.
on
$1 oer share,
the
third
28,117
250,000
income
$113,974
——-
I.
Balance
will be
1944
common
Selling,
$1,667,550
deducts...
income
120,351
1,712,963
income,..
$2,439,262
chgd. to construct.
Net
$3,556,747
$6,134,310
profit
Miscellaneous
Interest
Other
•On
52,070,315
$5,512,834
$6,063,427
70,883
$177,745
bonds-
mtge.
on
and
1942,
21,
is also paying regular quarterly dividends of 15
on Jan.
15." April 15, Juiy 15 and Oct. 15.
National Enameling & Stamping Co.—$1
68,144,195
88,575,713
incl. deprec.
products sold,
Gross
577
revenues-
income
Gross
profit
For
a
1944
1943
1942 "
——*$94,639,141 $73,657,029 $55,627,062
—
$113,397
Other income
Int.
of 40 cents per
1740.
p.
•Earnings
9G9.985
u
—
of
Cost
481,767
•
res.
sales
expenses
Net
Dividend—
dividend
issue
National Candy Co.
Murray Corp. of America—Earnings—
Years Ended Aug. 31—
Net
1944—12 Mos.—1943
$880,576 $10,400,152 $9,824,336
$885,852
—
Operating
Federal taxes
ret,
—
had 207 stores in operation in November,
1944—Month—1943
Operating
Prop,
———;
The company
in, 1943, $64,100
Co.—Earnings-
Mississippi Power & Light
Period End. Oct. 31—
Other
Sales
160, p. 1297.
1941.—V.
$50,518 in
ana
this
160,
special
a
.
totaled $82,000 in 1944, $70,000
Federal income taxes
^
in
—V.
Net
16.1%—
(G. C.) Murphy Co.—Sales Up
.
$955,572
$1,138,676
-
.....
dividend of $1 per share on the
declared
7
Dec.
on
company
cn
9 Months Ended Sept.
*$801,931
$893,749 tEarns, per com. share
$0.83
$0.69
$0.58
$0.65
•Also after loss of $107,810 incurred in exchange of 44,700 shares
of Pacific Western Oil Corp.
stock for 44,700 shares of Tide Water
Associated Oil Co. stock on Sept. 28, 1942.
tOn 1,375,145 shares of
and
Share Corp.—Special
Dec.
on
total dividends lor
1941
19.42
1943
1944
30—
1943;
22.
each
30, 1944, net profit was $10,552,505,
$11,342,286, or $1.52 a share for
1943.—y. 160, p. 1183.
with
30,
Sept.
capital stock, no par value, payable Dec. 26 to holders of
18.
Special distrmutions of like amount were made on
the
on
record
no
par value,
payable Dec. 29 to holders of record
This compares with 50 cents paid on Sept. 1, last, and $1
July 26 And Dec. 23, 1943,—V. 160, p. 731.
21.
each
profit after charges
Net
a
ended
stock,
capital
.
Corp.—Earnings—
Mission
declared
Dec,. 11
on
$2,272,618
$0.29
compared
snare,
directors
The
share
Munsingwear, Inc.—To Pay $1 Dividend—
The
$2,524,930
$0.33
tax.
taxes
months ended Sept.
12
per
months
12
The
-■Net
$2,470,098
share...$0.42
shares.
common
National Bond &
of gross sales as is represented by the per¬
provision for Federal taxes to gross sales
months ended Sept. 30.
1943, and the provision for
has been computed accordingly.—V. 160, p. 1739.
percentage
nine
987,633
$1.40
tne
of net profit before
the
for
1942
$6,229,634
3,957,016
profs,
exc.
...
per
the
For
or
30, 1944, are shown after deducting the amount necessary
profit before provision for Federal taxes for such period
same
profit
&
•Based on 6,289,448 common
net
reduce
$2,016,492
—-—_—■
Net
months
refund for the year 1943, and the provision for
been computed
accordingly.
Sales for the nine
has
to
1943
$5,644,475
3,119,545
but before
charges
income
•Earnings
Federal
centage
"
Federal
allocable to
portion
the
deducting
1944
$6,567,035
4,096,997
Co.—Earnings-
Quarter Ended Sept. 30—
Sales, 1943, shown above,
such sales of the actual
thereto have not been commenced.
after
ended Sept.
Other
101,217
proceedings for the year ended Dec. 31, 1943, have
but renegotiation proceedings for any period subse¬
Renegotiation
been
tOn 512,-
charges and 'Federal and Canadian
of common.—V.
3,60, p. 11J8.
shares
874
Profit, after
__1—
income taxes.
Nil
National Biscuit
share...—....
per
$332,111
$3.47
>u„re—...
common
per
1942
1943
$7SO,749
;
$1.37
1944
$9,266
$328,118
231,828
renegotiation
Amortiz. of limited-term
Net
$672,379
...
——:
profit
Earnings
$804,957
Other
post-war. credit,.
(& Subs.)—Earns.
.........
JC—
......
1,211,266
credit.............—....
Post-war
Minnesota Power & Light Co.- -Income Statement-
——
f Earnings
136,472
2,506,715
normal and exc. prof, taxes
profit .before
Net
Period End. Get. 31—
$1,675,855
151,817
—
for Fed.,
Provision
160. p. 2405
Operating revenues
.—
expense...
$1.04
1188.
profit
•After
Total
500.000
$0.71
'
*$733,363
—.—p-
•Deficit.—V.
$3,330,910
—....—....—
•Net
$521,793
500,000
.....
9 Months Ended Sept.
Other
$845,303
$316,501
$377,334
Income
Net
$i,,ti03,8z3
72,032
.
$354,650
,
National Automotive Fibres, Inc.
802,234
212;$66
p.
160,
$5,119,793
4,598,000
share
per
.225,889
4,247,193
211,355
inc.
from
charges
$4,793,139
$5,436,279
$373,674
$433,081
income.!
Total
and. administrative expense..
selling
Shipping,
978,363
$3,118,344
Net
Other
Earnings
—V,
1943
1944
2,827,000
$3,181,650.
......
..r.—
outstanding
Shares
1943
1944
y ■
Gross sales,
less returns and allowances..... $30,071,130 $14,572,393
11,907,997
25,768,395
Co:t of sa.es before provision for depreciation258,339
.206,028
Provision for depreciation—
.........
Ended Sept. 30—
provision..
tax
Net. profit
iMuliins Manufacturing Corp.—EarningsNine Months
Railway
Federal
Inc.,'of-Pittsburgh, Pa.—V. 160, p. 1865.
division of H/K. Porter Co.,
$2,674,966 $25,698,482 $21,638,358
1,654,030 18,103,156
15,621,485
$2,775,858
1,754,090
revenues,
ope:
Railway oper,
lor
Quarter Ended Sept. 30—
Profit before taxes & reserves...
placed an
which is a
Paul Minneapolis & Omaha Ry. has
50-ton hopper cars with the above company,
St.
Chicago
order
"1944—10 Mos—1943
1944—Month—1943
National Acme Co.—Earnings—
Order—
Mount Vernon Car Mfg. Co.—Large
-Earns.
Ste. Marie RR.-
Minneapolis, St. Paul & Sault
2649
CHRONICLE
THE COMMERCIAL & FINANCIAL
Number 4343
160
com.
share.
(Company and Subsidiaries)
Oct. 7, '44
$443,101
$0.61
Oct. 9, '43 Oct. 10, '42
Oct. 4, '41
t$3,027
Nil
$27,023
$86,643
$0.04
..-Nil
Federal taxes, etc. In 1944 income
taxes were $320,000 as compared with $60,000 in 1943; also, in' 1944,
a
reserve
of $125,000 against current inventories was set up. / JNo
provision mbde for Federal income taxes in 1942.—V. 160, p. 2187.
•After
interest, depreciation and
1944—9 Mos.—1943
1944—3 Mos.—1943
Period End. Sept. 30—>
profit after charges
Net
taxes
f.nd
„■
$23,215
$35,493
$22,*601
*$56,284
-
Operating revenues
Operating expenses
Federal
'Loss.
from
$56,284
of
loss
net
The
sulted
160,
cancellation.—V.
Nebraska Power
Omaha
$1,703,639
$1,906,541
announced
for com¬
the u 11 imate acqui¬
Seek Condemnation
Council to
111.,
Madison,
Operating
revenues
Operating expenses
Federal
Other
taxes
taxes
430,463-
118,151
71,145
—
—
retir.
Prop,
—
—
—
60,800
approp,
res.
investments
—V.
160,
Net
After
Net
Revenues
10,101
$247,118
$211,447
300
<>5,971
—
etc.—
figures
foregoing
/
'■...
.
income
Gross
90,368
■
.j
income
Net
Dividends
—V.
—r
$1,694,858
439,100
$157,548
$122,355
pfd. stocks for period—
to
$2,732,391
1,075,775
*—.
$1,656,616
499,100
>
*
.
—
—
applic.
160, p.
^
from
expen.
inclusive of
& Honduras Rosario
New York
$2,783,991
1,039,133
$211,747
89,392
$247,916
_
—
are
Profit
Int.
from
divs.
Ss
Int.
Mining
Co.—Earnings1.944
Sept. 3C—
profit after charges and taxes——
Net
Earnings
—V.
invests.
'•,
p
.
$366,472
Net
taxes
$333,956
cf
Electric Association—Output—,
reports electric output
This is an increase of 263,268 kwh. or 2.04
12,882,876 kwh, for the corresponding week a
Gas
kwh.
production of
&
Dec.
ended
week
13,146,144
above
this Association
8
is reported at 155,389,000 cubic feet, an increase of
cubic feet, or 11.04% above production of 139,935,000 cubic
the corresponding week a year ago.
output
Gas
in
feet
,
month ended Nov,
the
For
output
.62%
month
the Association reports
1944.
20,
55,532,980 kwh.
This is an
above
production of 55,191,203
of
a
year
electric
increase of 341,777 kwh., or
kwn. ior the corresponding
ago.
per
1,649-
28,513
28,513
2,322
...
Dr8,796
'
$2.22
148,033
net profit—
share—
:
$396,689
$2.13
166,778
$405,523
201,747
$384,611
$2.04
110,162
$0.90
$411,760
share—
$1.03
$0.59
$0.89
$2.18
Net
Co.—New Directors—
Burke, President of B. Altman & Co., and Roger W. Straus,
of the American Smelting & Refining Co,, have been elected
directors.:—V.
160,
p.
835.
2545.
Association—Output Up 0.23%—
New England Power
reports number of kilowatt-hours available for its
territory for the week ended Dec. 9. 1944,. as 66,425,523, compared
with 66,275,930 for the week ended Dec. 11. 1943, an increase of 0.23%,
Comparable figure for the week ended Dec. 2, 1944, was 67,302,535,
an increase
of 1.75%.—V, 160, p. 2545.
'
v.
.
The
Association
,
England Public Service Co.- -Hearings
New
on
Plan
The
has
SEC
ordered hearings
reconvened on Jan. 9
in connection
pl$n nf reorganization filed by the company in sub¬
filed Dec. 6, 1941, for the purpose of complying with
Public Utility Holding Company Act.
In an order
dated Dec. 2, 1941, the Commission directed Nepsco to recapitalize on a
one-stock common stock basis, or in the alternative, <at its election,
Jo liquidate its affairs and distribute its assets to its securtiy holders.
Briefly, the. amended plan provides for the distribution by Nepsco
to its stockholders of its entire portfolio of the stocks of the utility
subsidiaries and of the proposed new common stock "of its industrial
subsidiary, New England Industries, Inc., which is to be recapitalized,
and for the merger of Nepsco into Industries.
The amended plan also
provides that prior to such distribution the five textile subsidiaries
with
amended
stitution for plan
Section
of
11
the
Of Industries he recapitalized.
In
vent
and
addition
the
it is stated
simplification
that Central
that nothng
of
Maine
the
Power
capital
Co.
in the amended plan-'shall pre¬
of Keyes Fibre
structure
Co.,
and possibly Public Service Co, of
Hampshire may refinance their present issues of preferred stocks
before the plan becomes effective. It is further stated that to accomplish
New
refinancing cf the aforementioned preferred .stocks, Nepsco
or Industries, or both, may iind it desirable to subscribe for additional
shares of common stock of Central Maine or New Hampshire
or both,
the possible
from
funds
obtained
either
through the disposal of
Nepsco's'
minority
interest in Central Vermont Public Service Corp. or from funds obtained
from
the
otherwise,
Nepsco
as' fair
enforced
industrial
or
irom
requests
and
and
assets
the
creation
of
debt
thereon
or
both.
the Commissiorf approve
that
equitable
its
through
and
terms
that
and
'2298.
it
require
provisions
to
the
.
be
such amended plan
amended plan to be
carried
out.—V
160
ICC
Ry.—Purchase of Rome
Authorized—
29
Nov.
on
trustee of the
Total
company,
extending from a point
York Central tracks in Rome southerly to a
of the applicant at Clinton, -approximately
12.76 miles, in Oneida County,
Y,
It also has a connection for the
interchange of traffic with the New York Central at Rome.
Its prop¬
erties
are
held
under perpetual lease, dated Jan. 1,
1891, by the
Delaware & Hudson
Co., which in turn has subleased them to the
New York, Ontario & Western and later to the applicant.
Under the present arrangement the applicant pays as
rental for
the Rome & Clinton properties $5,000 a year, and in addition pays
tho taxes thereon.
It is proposed that the applicant purchase the
properties, paying therefor $20,000-. and all taxes in, arrears.
The
unpaid taxes amounted to $14,282 at a date just prior to the hearing
in October, 1944.
The principal of the purchase price is to be paid
in quarterly installments of $1,250, without interest, the first payment
to be due on the first day of the fourth calendar month following
north
$1,135,343
2,319
$1,148,445
2,548
$1,099,460
$1,138,666
$1,150,993
$1,099,297
—
income
Net income
—
791,698
847,160
771,878
$303,833
$327,418
tax)
195,904
154,344
181,075
(no exc. profs,
;;
160. p. 2076.
Sales'
;
$7,973,030 $80,149,707 $76,413,917
'
'
■
Newfcundlantl Light & Power Co.,
The
the
with
Payment will be made at The Royal Bank of Canada, in St.
John's Newfoundland, and Halifax, Chariottetown, Saint John, Quebec,
Winnipeg,
Regina, Calgary,
Canada.—V. 158, p. 2364.
Hamilton,
Toronto,
Ottawa,
Montreal,
Edmonton, Vancouver and Victoria,
mechanical
NOTE—-For
reasons
it
pCibe /transaction in-question and the expense of
& Clinton.' Such funds as the latter may
help defray these obligations.
The Rome
& Clinton will assign-ttbtbte .Dalawaref^iHiidson all its assets remaining
after the purchase of its properties and the winding up of its corporate
affairs, including the amount payable by the applicant,
and any
right which it may have in a fund of $132,467 which was paid by
the State of New York for-the benefit ef-the New York, Ontario &
Western, Delaware & Hudson and the Rome & Clinton pursuant to
an
agreement between the three carriers under date of April 29, 1911.
While the amount of that fund to which the Rome & Clinton might
be entitled is not shown definitely of record, the agreement of 1911
referred to provided for the payment to it cf two sums of $7,768 and
$1,625, respectively, together with unexpended accumulated interest,
in case the tenancy of the Delaware & Hudson should be terminated.
The payments to be made to the Rome & Clinton will enable that
company to pay a liquidating dividend of $50 a share to its stockhold¬
cost
dissolution
on
ers.
of
the Rome
hand will be used to
It
has
instituted
proceedings
to have the
corporation dissolved.
part of the properties sought to be purchased -is
located over the barge canal at Rome.
State authpritis have advised
the parties that the permit to maintain the structure 'oter thp Stgteowned canal will be transferred to the applicant, upon,
the
A
bridge forming
a
.
State
V.
of
is
to arrange companies in exact
However, they are always as near
position
not
always
alphabetical
alphabetical
possible.
as
Industries, Inc.—Earnings-
Newport
1944—3 Mos.—-1943
$107,603
$1.95,869
$0.17/
$0.32
profit,
JEarns.
share
com.
per
1944—9 Mos.—1943
;
.
$554,958
$374,507
$0.60:
$0.89.
amortization, interest and provision for Federal
fOn 621,359 shares of capital stock.
Net profit for the 12 months ended Sept, 30, last, was $493,294 after
Federal Income and excess profits taxes, equal to $0.79 a share.
For
tho 12 months ended Sept. 30, 1943, company reported a profit of
$671,503, or $1.08 a share,—V. 160, p. 1189.
depreciation,
■"After
and
profits taxes.
excess
Sept. 30,'44
Oct. 2,'43 Sept. 30,'42 Sept. 30,'41
$331,643
$372,975
$221,812
$326,598
$1.40
$1.57
.
$0.93
$1.37
provision for Federal income and excess
ton 237,500 shares of capital stock.—V. 160, p. 1529.
Quarter Ended:
*Nct
profit
—
fEarns. per com. share..
■"After
depreciation and
profits taxes,
Electric Corp.—November Sales
Loans. Paid—.
1944—Month—1943
$603,089
$1,024,928
sales
loans have
bank
been
$307,450 at Nov."30,
were
Higher—Bank
V
'
•
Period End. Nov. 30—
Net
1944—11 Mos.—1943
$7,793,010 $3,526,865
paid and U. S. Government bond
it was announced.'
holdings
,
Pay 25-Cent Dividend—
declared a dividend of 25 cents per- share on the
$1, payable Jan. .15 to holders of record Dec. 22.
made on March io and Oct. .16, 1944,
1943.—V. 160. p. 2070.
The directors have
stock,
common
par
Distributions of like amount were
and
on
March
10,
Noran&a Blines, Ltd.—Earnings—
proof that
160, p. 2407.
title
to
the
line has
passed "to ,the* apm?rani;.-%"•"
»!>
|f-i v''
output
1943
1944
9 Mos. End. Sept. 30—...
Metal
1941
1942
& miscell,
$14,066,560 $16,492,557 $15,852,760 $16,009,684
income
4,188,981
2,495,000
4,257,372
3,215,000
4,230,727
3,170,000
reserves^-
376,000
407,000
425,000
415,000
Estimated net profit-
$7,006,579
$3.13
$8,613,185
$3.85
3,027,033
$7,903,338
$3.53
and
Cost
Reserve
expenses——
'
for taxes—
Depreciation
Est.
earnings per
—V.
share
$3.58
4,720,346
2,971.000
160, p. 2299.
North American Car
the
separate
including the
the
...
terest.
line
transaction.
agreement between the Rome and Clinton and the
Delaware & Hudson Co. the lease referred to and all obligations, claims
and
controversies between the parties arising thereunder are to -be
-canceled.
The Delaware. & Hudson will pay to the Rome & Clinton
(1) the sum of $172,680, (2) rent at the rate of $22,375 a Year .to the
effective date>.of thq: purchase,,, and (SFsuch sum as is necessary to
satisfy and .-discharge'ail'i debts .^nd,< liabilities bf RomeClinton,
have
.
Ltd.—Bonds Called
has called for redemption on Jan. 1, next, $21,500 of
sinking fund 4%.%
bonds due 1956, at 102 and in¬
company
mortgage
first
1944—ll Mos.—1943
1944—Month—1943
$8,359,397
——
—V. 160, p. '2187.
the New
of
closing of
a
Dr 163
$346,968
2——
.
By
"1942
$3,129,302
2,029,842
——_x-
—.
taxes
S!Jncl. Fed.
—v.
To
approved the purchase by Frederic E. Lyforcl,
of the properties of the Rome & Clinton RR.
report of the Commission states,in part:
The Rome & Clinton owns a line of railroad
connection
1943
$3,181,696
2,033,251
_„a_„
deductions
Income
—
The
the
Jan. 9—
York, Ontario & Western
& Clinton RR.
The
taxes
earnings
Noma
New
and
Noblitt-Sparks Industries—Earnings—
New York Life Insurance
S.
;
revenues
Other income
Cents-
dividend of 75 cents per "share.has been declared on the
outstanding capital stock, payable Dec. 30 to stockholders of record
Dec. 20.
This compares with 70 cents paid on Sept, 30 and 65 cents
each on March 25 and June 30, this year.
Payments in 1943 were as
follows:
March 27, 50 cents* June 26 and Sept, 25, 65 .cents each,
and Dec. 24, a year-end of 85 cents.—V. 160, p. 1189,
John
Service Corp.)
1944
*
A'.'' $3,341,270
2,205,922.
Sept. 30—
Period End. Sept. 30—
28,513
per
President
Service Corp.—-Earnings—
Water
■"Operating expenses
year-end
just
1944, is reported as 590,150,000 cubic feet,
an
increase of 20,912,000
cubic feet, or 3.67% above production of
569,238,000 cubic feet in the corresponding month a year ago.—v. 160,
output for November
Gas
p.
Operating
All
15,454,000
p.
Year Ended
52,893
-15,988
Profit for 9 months—
A
Co.
(Including Rochester & Lake Ontario Water
ago.
year
.
$331,593'
„
—_
England
the
394,936
435.
p.
New
For
$1,326,529;
413,650
New York
incomo
quar,
Mtge.
,
$311,994
40,732
deb.
investHientS«C>
on
&
.
*Net
Year-End Dividend of 75
1943
$1,495,432
$883.96
fLawyers Mtge. Guarantee Corp.
$A $1,000 certiiicate will be reduced
as of Dec. 31,
1S44, to these amounts.
'
%
Note—A general claim payment is also being made for Series NYT
C-3 at the rate of .0029098788.—V. 160, p. 2546,
'
'
Title
York
10,685
14,257
Earnings
$1,081,782
profit
160,
Sept. 30—
——~—J—
■
Profit
Sept.
Light Co.—Earnings-
charges—
income .after
.008356333
$322,679
32,517
$325,573
40,955
$338,644
42,871
•
12 Months Ended
—V.
,
1944
.02
possible
Gold
5%
Co.
Earnings
New Bedford Gas &
Federal
1943
$378,712
$6.01
2524.
159, p.
Net
$6.23
share.
per
.
$392,451
$883.96
j:BMC 207386——
"1941
1,262
notes
!
9 Months Ended
.008356333
-Earns,—
1942
$326,834
$338,644
opers.—
on,
Mining Co.-
'
Paper
$934.10
tBMC ■ 207468—w
.02
———.024031282
SBMC 208290—
order.
props.
Neptune
on
provision for income
profits tax,—V. 160,
excess
1943
1944
Expends.- on new props.
2298.
Nekoosa-Edwards
.
bef.
opers.
new
on
$271,087
$339,784
;■'>■
■
9 Mos. End. Sept. 30—
Interest;
$910.52
.00278619
——
Feriod End. Nov. 30—
$419,853
liability is indicated for Federal
No
Profit
$71,404
$491,274
J
—
Note—The
731.
etc,
taxes,
to
York Dock Trade Facilities Corp,)
1942
1941
1944
1943
$3,649,332
$3,117,221
$4,440,685
$3,9.99,943
2,017,132
1,767,162
2,579,462
2,259,985
1,292,476
1,078,972
1,369,94.9
1,320,104
New
income
taxes.
$3,253,487
571,857
1340,263
Co.—Earnings—
Expenses
$2,730,951
| 1,440
$2,778,020
793
income"
$861.91
.009325086
—„
(J. J.) Newberry Co.—November Sales Up 4,8%—
(Including
Net
$835.00
.003336174
.02125
101399„„„_
1972.
p.
int.,
$3,072,718
716,818
'1481,200
tBefore deduction of
be amortized on basis of
in the September quarter
like 1943 period, and $67,305 in like 1942 period.
New York Dock
Taxes,
Reduced to
.
.0125
—
1942
''amount to
of
amounting
$69,324 in
160,
1516,398
income
Federal
contract"
9 Mos. End. Sept. 30—
9,350
taxes
—
amortization
for
1944,
—V.
p.
revenues-.,-
oper.
Other
«,J
interest,
recaoture
of
$3,418,397
713,218
profit
income.
provision
Earnings—
1943
1944
profit aft. depr. & ord.
*Net
months
751
Pittsburgh & Lake Erie RR.
Omnibus Corp. (& Subs.)
Quarter Ended Sept. 30—
Gross
gondolas placed a fort¬
1,000
^Principal
Rate
Rate
"
11/2%
-
2406.
p.
New York City
$10,232,495
4,832,096
1,025,901
903.446
730,000
760
—_
Large Order—
night ago. with the Despatch Shops lor the
>
Amortiz. of limited-term
for
order
another
follows
Principal
.003824869
Income
Series—
IBond & Mortgage Guarantee Co.
placed for the
been
had
orders
55
distributions" on
that
tLMG r01199i:_^-.
shops.
order
This
*
$890,217 $11,092,982
461,876
,5,383,512
76.818
1,243,617
78,525
948,483
60,800
730,000
$928,437
that
/.'
,
Liberty St.,. New. York 5, N., Y., on
the following series are
contemplated for the end of the year 1944;
.
.•:/>,.• Y ■;']
mortgage
first
Co.—Distributions—
& Mtge.
trustee,
Burke,
P.
announced
10
•>NYT C-3———
;
28,749,069
23,970,627
26,545,109
22,484,057
2187.
New York -Title
544,586
York Central System, on Dec. 12
construction of 4,000
box cars, to cost $13,000,000 for delivery by Oct. 1, 1945.
Of these cars, 2,000 will be built by the Despatch Shops, Inc., East
Rochester, N. Y., and 2,000 by the American Car & Foundry Co.,
which
Mull construct
1,000 in its St. Louis Shops and 1,000 in its
1944—12 Mos.—1943
1944-Month—1943
period End. Oct. 31—
,
2,891,991 " 2,930,532
2,296,314
2,386,930
—„
p.
Adrian
Dec.
$1,361,955
Metzman, President of the New
chase.-
Statement for October and 12
*369,541
period
New York Central RR.—Places
G.
announced
Council voted 6 to l Dec, 32 to adopt an ordinance institut¬
ing condemnation proceedings against Nebraska Power Co. properties.
The
ordinance calls
for a special election on May 15 to vote on
whether the company's properties should be condemned.
Mayor Dan Butler said he had sent a telegram to the SEC and the
Federal Power Commission asking for an investigation into the pur¬
—
——
income..—.
oper.
*New
The City
Income
the
for
bonds, 3Yo% series due >974, are ready
for delivery in exchange for temporary bonds at The Chase National
Bank, ll Broad St., New York, N. Y.—V. 160, p. 2299.
Definitive
State.
the
stcck
Bonds—
Definitive
is necessary.
municipalities or power
taxes
160,
1LMG
Nebraska Power to public
will be owned and operated
district authorites, which are subdivisions
expenses
income
Net
—V.
preferred stock outstanding;
4%%
on
a program
the transfer of the properties of
ownership, all electric utilities in the Stats
21,790,103 222,376,105 210,804,559
13,317,498 135,726,992 131,065,711
5,542,073 ' 60,104,004 50,989,779
,
,
revenues—
307,003
$1,334,098
•"Based
of the Peoples Power
Upon
$120 4.61
$228,075
income
Balance
Nebraska Legislature in 1943.
action
of
Cr51,150
•
construct.
to
"
Commission, which was set
up solely for the acquisition of the prcpeity, several law suits were
brought attacking the Act cn constitutional grounds as well as the
action of the Omaha City Council in creating the Commission.
These
suits are now pending in the Nebraska Supreme Court.
The present
purchasing group announced it intends to request the Nebraska Legis¬
lature
to clarify the legal situation by
remedial legislation if such
by
Crl,311
Net
mtge.
I.
to be paid for the common
stock under tire present transaction will be determined on the basis of
the same price and formula alter deductions for the cost of retiring
outstanding senior securities.
This price and formula also were the
basis of an offer to purchase Nebraska Power Co. made by a group
of Omaha citizens, appointed by the Mayor in 1942, and for an offer
made by the Peoples Power Commission, a body created under an Act
the
21,090
Cr2,236
chgd.
Net
announced that the price
Following creation
Operating
Operating
1,916,-699
5,569
1,856,830
300,472
on
organ¬
■
.
American Power
of
149,921
operl rev._
Operating
$4,079,093
131,547
income
Int.
public-ownership bodies m
by
properties
company's
the
Nebraska.
$3,859,630
leading lawyers,
composed mainly of
group,
purchase of the stock is the first step in
plete refinancing of the Nebraska Power Co. and
of
5,687
$289,236
-
the
sition
2,631
$365,191
(net)
income
Int.
Of $14,000,000.
1944—10 Mos—1943
$
$
21,827,481 222,652,966 211,232,547
:
37,378
' 276,861
427,988
23,331,990
13,794,198
6,645,801
—1
revenues
Uncollectible
$4,048,073
L
by Amer¬
property ad¬
neighborhood
will be in the
understood that it
it is
$3,853,943
$286,605
$365,191
bonds___
Other int. & deducts.„
Citizens—
Co.—Sale to Omaha
Bond &
oi tne
1942.
since
The
approp._
res.
Operating
31,020
Gross
Power & Light Co., a unit in the Electric
system, concluded Dec. 12 arrangements for the sale
Nebraska Power Co.. a subsidiary, to a non-profit corporation
ized by citizens of Omaha.
While the price to be received
ican
Power is subject to many adjustments, including
that
267,572
294,500
oper.. revenues
Other
Co.
ditions
Net
1189.
p.
American
The
Share
ret.
Prop.
*
.'
23,361,433
29,433
*
$27,179,936
12,016,225 >
4,337,853 J
3,020,187
3,757,598
$150,000 loss
a
that quarter the company
for
in the quarter ended Sept. 30, 1944, re¬
taken on land sales during the period. In
purchased 7,675 shares of its common stock
taxes
taxes
Other
$2,279,356 $30,340,963
1,052,628
14,124,952
386.250
5,711,337
259,373
3,116,731
294,500
3,534,000
$2,514,092
1,181,428
405,401
—
1944—Month—1943
$
iS'
Period End. Oct. 31—
1944—12 Mos.—1943
1944—Menth—1943
Period End. Oct. 31—
Co.—Earnings-
New York Telephone
Public Service Inc.—Earnings-
New Orleans
Natomas Co.—Earnings-
Monday, December 18, 1944
COMMERCIAL & FINANCIAL CHRONICLE
THE
2650
Corp. (& Subs.)—Earnings—
Ended Sept. 30—
9 Months
1944
-
profit after charges & taxes——.
Net
Earnings per common share
—V.
160, p.
——
$298,616
$1.43
1943 '
$531,603
$2.92
1190.
Norjth, American
Co. — Seeks Dismissal
of Illinois
Power ;Co. Petition—
:
The
company'has asked the SEC -to dismiss the plan recently filed
Illinois pewoT" Co. providing for liquidation and dissolution of its
•parent, North' American Light & Power -Co.
Dismissal is sought "on
the ground that Illinois Power Co, is not qualified, authorized or per¬
mitted to file such .a plan under Section 11 (E) of the Act."
The
motion of North American added that Section 11 (E) of the Holding
Company Act
"does not authorize theLsubmission of a plan by a
subsidiary for its parent, against the will pf, the parent, or by a selfasserted creditor for its debtor.";—V, 16Qi(ip. 2407.
..by
North American Finance
9
Months Ended Sept. 30—
Net
—V.
income
158,
p.
aft.
Corp.—Earnings—
1944
' >1943
charges & taxes—_
$39,294
$35,785
1942
$59,795
2584.
Northeast Airlines,
Inc.—NewlDirector—
-been elected to the board of directors and
becomes the first woman "to serve as a director of. an air passenger
transportation company.
~ '
Miss Cochran succeeds Robert -F." Bradford, who resigned from -the
board upon-becorriing Liehibtfant Governor-elect of Massachusetts.—
v. 159, p. 2524.
f
•
Jacqueline Cochran has
J
Service
Public
Indiana
Northern
$8,000,000—
Co.
—
•"
•
;
each
has asked the SEC for, authority to issue
serial notes due in quarter-yearly instalments of
a
period not exceeding eight years from the date
over
.
Federal
Federal
of this company for the* week ended
totaled 47,941,000 kwh.,
as compared with 42,760,000
corresponding week last year, an increase of 12.17V.—V.
1,684,000
1,325,850
profits tax—
126,000
126,000
1,755,496
1,755,496
""
/,
...
$3,126,644
$3,228,644
Z)r7,504
$3,188,534
Cr30,247
■'
Dr7,504
(net)——
deductions
Income
Income
Net
682,146
m
———
$2,432,027
510,754
$2,436,994
427,500
.
require—
stock dividend
Preferred
$3,221,140
789,112
$3,119,140
—.—uA-i—
income
Gross
-
—v.* 160,
2546.
p.
$3,218,782
856,822
'
r*
.
*.
'
Earnings Quarter Ended Sept.
'
'
1,1
'•
'
Net
profit
—V.
$2,434,024
—
:
common
per
160,
Net
$1,769,795
:'
-
taxes
and
Earn,
—V.
p.
160, p.
$1 ,459,052
operating
exps.
312,830
234,920
$0.72
$1.33
Operating
expenses
General
taxes
Federal
income
Fed,
—
income.^—
oper.
met)—_
$1,015,331
$2,915,772
12,554
46,733
17,456
•
$3,039,357
58,856
$1,027,885
$2,962,505
$3,098,213
844,680
844,237
2,547,576
2,560,267
$97,652
$183,648
deductions
& other
tNet income
——
$414,929
$537,946
These charges are
profits taxes.
equivalent to the reductions in Federal income and excess profits taxes
in the 1943 periods arising (a) from the payment by Wisconsin Power
6s Light Co.* of preferred stock dividend arrearages, which reductions
$155,300 and $450,300, in the 1943 three and nine months' periods,
respectively, were credited to earned surplus, and (b) from call pre¬
mium, discount and expense applicable to bonds redeemed in 1941 by
Northwestern Public Service Co. which reductions $9,650 and $36,730
in the 1943 three and nine months' periods, respectively, were credited
to unamortized debt discount and expense.
v
(Consolidated net income in the 1944 and 1943 nine months' periods
Includes approximately $240,000 and $335,000,-respectively, net income
of subsidiary companies not available for distribution to the company
because of restrictions affecting the payment of dividends on the com¬
mon stock
of the subsidiary companies.
Note—For purposes of comparison, earnings figures published in 1943
have been adjusted herein to give effect to adjustments of charges in
•lieu of income and excess profits taxes recorded subsequent to the
release of those earnings in 1943.
These adjustments resulted in a de-*
crease of $9,650 in net income of $193,298, as previously published, for
the three months ended Sept. 30, 1943, and in a decrease of $36,730
in net income of $574,676, as previously published, for the nine months
-
of
lieu
•In
ended
and
income
excess
1943.
30,
Sept.
1944—3 Mos.—1943
Period End. Sept. 30—
—•—
exps—
& admin,
1,601
General taxes
Federal
income
Net
—V.
1,191
—
income
2,100
taxes-
$36,264
$36,007
——
[Operating revenues
$130,425
$173,161
6,197
3,939
7,606
$155,419
income
Uncollectible oper.
Total
1
Cash
divs.
on
common
Net
oper.
Net income
—V.
1944—10 Mos.—1943
$4,904,785
rev.
$4,588,238 $47,268,803 $44,096,532
4,187
51,256
46,732
$4,584,051 $47,217,547 $44,049,800
2,966,656
31,145,616 29,628,699
1,027,341 10,390,169
8,753,716
3,129,182
1,181,906
' '
$593,697
$590,054
541,708
income—
524,092
—
—
$5,681,762
$5,667,385
5,145,388'
5,010,806
160, p. 2187.
Co.—Earnings—
1944—3 Mos.—1943
Period End. Sept. 30—
,es.
for
Net
V. 160*
$1,320*736
265,358
695,349
812,494
1,445,915
$508,242
$0.64
$691,523
$168,485
$0.21
share..—
1406.
per
p.
$2,137,438
$975,908
taxes,.-—
earnings
Earnings
^
1944—^-9 MbS.—1943
$433,843
profit
Fed.
i
.
,
-
,
$280,559
;
$0.35
$0.87
stock
9 Months Ended
Net
income
•Earnings
.
after
per
and taxes
share
charges
common
;
1944
$98,059
Note—Company anticipates
Net
in
assets
in
its
.
4,896,780
—
Earnings
"
the
chiefly
and
from
sales
in
directly
made
approximately $1,600,000.—V.
Parmelee
Transportation
profit
British
the
from
160,
Co.
interest,
of
vision
$6,114,541
371,948
in
depreciation,
1944, $1,774,494
and
income
—
$0.30
$0.23
160. p. 469.
Co.—Registers Preferred Stock—
with the SEC for
shares registered
stock of the comFederal Water & Gas Corp., which will receive
company
and are owned by
proceeds of the sale.
.<
On Feb.
10, 1943, the Commission ordered Federal to divest itself
if its interest in Ohio, and Ohio statedrih its registration statement
t is informed that Federal is selling the stock in order to comply,with
iany,
The
$5,669,998
directors
$1.09
$0.85
disbursed
order.
Otis & Co. heads the
underwriting group.-—-V. 160. p. 2407.
each
$1
——
—V.
for
profits
excess
Dec:
on
other
and
charges, and
and $347,400 in
1943
in
Mfg. * Co.
To Split-Up Shares
—
at the annual meeting on a proposal
the common stock from $5 per share
will vote
the par value of
$2.50 per share and to exchange two shares
share of the present stock.—V. 160, p. 1299.
change
declared
14
were
taxes.—V.
1G0, p.
9 Monthhs Ended
Cement
Sept. 30—
dividend
a
of
of the new
com.
per
to
stock for each
all
Penn
outstanding—
Earnings
common
per
$906,271
1944
1943
$205,192
1942
$256,803
1941
$324,603
310,062
310,062
310,062
309,827
$0.41
$0.66
$0.83
$1.05
shares
share,
charges and taxes.—V.
Valley Crude Oil
eral income taxes.—V.
•
$0.39
$1.72
.
'
.
after
*V.
etc
Profit
—V.
$
income
Pennsylvania-Dixie
12 Mos. End
Provision
Net
profit
tax
$139,978
$118,084
Profit from
102,556
$251,678
89,468
Arthur
who guided
Nutt,
the
giant
11,000
,
Res. for
—
•
Net
engine
^
•Federal
tax
prov.,
(Net profit
shares
Common
2546.
2,784,472
$1,507,455
-
,
Subs.)—
1943
$3,089,844
2,433,618
4,702,944
4,702,944
$0.32
$0.14
consolidated
provision for taxes in the 1944 period was on a
basis while that for 1943 was on an individual company basis.
Pantex Pressing
:
—V.
158,
per
p.
share.:
1282.
5,763
$2,695,706
$2,139,877
debt
109,816
180,289
209,648
225,000
inc. taxes-
Cr32,500
•743,000
•1,099,850
574,650
513,500
($108,737
—-
profits taxes.
276,500
$872,708
$654,699
$1,063,727
(Deficit.
Sept. 30, 1944
$1,437,020;
U.
S.
Govt,
securities,
on
deposit
with
State
Liabilities—Accounts
payable
(trade), $124,618;
accrued liabilities
etc.), $296,263; provision for Federal income
taxes, $108,474; first mortgage bonds, due 1953,
3V*%
series, $3,250,000; reserve for self insurance (workmen's com¬
pensation), $241,491; reserve for contingencies, $400,000; $7 cumula¬
tive, convertible preferred stock (issued, 121,000 shares, without par
value, stated at $25 per share), $3,030,000; common stock (400,000
shares without par value, stated at $1 per share), $400,000; capital
(wages,
and
taxes,
interest,
profits
excess
surplus, $951,936;
earned*surplus, since Jan. 1, 1937, $2,304,690; total,
$11,107,472.—V. 160,
p.
732.
*
,
.
Pennsylvania Salt Mfg. Co.—Earnings—
12 Mos. End.
•Net
profit
(Earns,
•After
Sept. 30—
1944
1943
1942
1941
$1,430,468
______
per
$1,282,592
$1,417,024
$1,649,949
$9.54
$8.55
$9.45
share
com.
charges
and
Federal
taxes.
(On
150,000
shares
$11.00
of
capital
■
Acquisition—
Leonard
$2,035,676
97,980
$1.22
pany
T.
Beale, President,
of Cotton
Poisons,
Inc.,
announces
of Bryan,
the
Tex.,
purchase by this
manufacturers
com¬
of
cal¬
cium arsenate, which is used extensively as an insecticide in the control
of
cotton
—V.
•
74,328
$1,577,988
Compensation Commission, $35,000; cash on deposit with
$58,061; sundry investments and deferred receivables, $9,219;
land, buildings, machinery, equipment ,etc. (net), $5,942,563; deferred
charges to future operations, $126,017; total, $11,107,472.
stock;
Machine, Inc.—Earnings39 Weeks Ended Sept. 30, 1944
Net,.'sales, r__——:
Net income after charges & taxes
Earnings
(Sub¬
160, p. 1191.
Earnings for
89,236
$2,085,795
54,082
trustee,
$656,226
—_—
•The
ject to renegotiation.—V.
$2,689,943
Workmen's
,
—
outstanding-.—r
share
Earnings per
480,134
$1,503,660
($31,421
excess
inventories,
which
this company as
\
,
operations
Assets—Cash, $2,441,501; U. S. . Treasury certificates of indebtedness,
notes and accounts receivable
(less reserves),
$308,091;
Petroleum & Transport Co. (&
.
509,743
($120,657
8,229,578
$750,0000;
development of the aircraft engine
developmental program.--V»'' 160, p.
Pan American
508,444
contingencies—
profit
1941
$9,312,330
6,746,431
6,908,689
Consolidated Balance Sheet,
Colonel J. G. Vincent,,
Vice-President of engineering, it was announced On Dec. 7 by Geo. T.
Christopher, President and General Manager. *, ';
f'r
Mr. Nutt has just assumed his new duties, Mr. Christopher said,
with offices in ■ the company's Toledo division, site of Packard's new
advanced
£8,920,793 $11,429,264
§493,382
funded
•Includes
Executive-
aircraft engineering division under
on
Subs.)- -Earns.
1942
5,214,006
income
Res. for Fed.
$162,210
$0.16
$389,032
$128,517
$0.39
$0.13
stock.—V. '160, p. 1190.
superfortress, has joined
B-29
Interest
—
.
share—_
Packard Motor Car Co.—New
powers
103,007
40,263
59,432
69,500
Total
(&
depletion
and depreciation
133,594
$242,535
Corp.
1943
$5,586,731
Other income
160,886
$558,228
L—_
————
for
$>397,302
retired-———..——
1,000,000 shares of capital
(On
$
$
465,485,321 429,341,35=
discts.
sales, etc
Provision
1,754,714
————————
income
for
Cost of
1942
1943
«,
cash
less
Cement
1944
Sept. 30—
allowances
and
$1,351,791
1,233,707
————,———_
debs,
on
$
47,506,985
160, p. 2408.
$1,894,692
.—_
etc.
1944—11 Mos.—1943
1944—Month—1943
56,792,834
-
$2,507,260
2,109,958
—
——
income
Other
1944
—.—
depreciation, etc._
taxes,
Expenses,
$18,053
(J. €.) Penney Co.—November Sales Rose 19.55%—
Period End. Nov. 30—
Co.—Listing of Bonds—
the listing of $115,000,due June 1. 1974,
Sept. 30—
royalties——
after
1941
$29,300
1636.
160. p.
;
refunding mortgage bonds, series L, 3%,
issued and outstanding.—V. 160. p.-2187.
9 Months Ended
Net
1942
$19,291
Stock Exchange has authorized
The New Yofk
000 first and
which are
1943
$3,322
Sales
Pacific Gas & Electric
(& Subs.) —Earnings—
Corp.
1944
de-
exp.*
deplet.,
1191.
160. p.
407,852
225,000
$150,000 in 1943 for Fed¬
of $207,515 in 1944 and
160, p. 1866.
provision
•After
1942
*$203,932
•$207,515
.—250,000
share——
$0.50
loss
prec.,
1943
1944
Sept. 30—
Net
share,
per
A like amount was
$128,028
com.
•After
Inc.—Div.—
cents
75
Corp.—Earnings—
income——
Earns,
to
California—Earnings—
profit* after ;charges———
Net
Shares
pro¬
1942
1191.
1741.
p.
Quarters End. Sept. 30
Pacific Finance Corp. of
1942
$569,693
$0.79
1943
$1,159,758
$1.60
15, June 30 and Oct. 10, this year.
Payments of
made in 1943 on March 15, June 25, Oct. 15 and Dec. 30.
Outstand'g
stockholders
The
Stares
April
on
160,
•Net
2-For-l—
entire
Commission's
&
United
the
Patino Mines & Enterprises Consolidated,
72,595
14,226
Peerless
Marine
at,
Subs.)—Earnings—
1944
$1,141,800
$1.58
normal
$2,412,705
Federal
for
9 Mos. End.
Outboard
Empire,
p. *1407.
(&
Sept. 30—
—...—
Earnings per common'share
160, p. 836.
taxes.—V.
$1.18
.
1944, amounted to approximately $5,000,000.
Estimated prof¬
first nine months of 1944 resulting from foreign branch
9 Months Ended
•Net
1944 Federal income tax represents
estimated amounts necessary for normal, surtax and excess profits
provision
above
..
'
.
the
operations
$5,994,292
share common
per
$1.15 '
■
.
countries,
foreign
$5,785,572
4,896,780
adjustments of contract prices on sales
no
Government.
Sept. 30,
to inter-com¬
$73,887
has filed a registration statement
0.880 shares of common stock
(par $10).
The
onstitute approximately 66.53%' of the outstanding
he
outstandingshare
7,294,409
'
$5,634,816
——
per
S.
8,120,000
taxes-—
485,803
:—
Quarter Ended Sept. 30—
;
1944
before Federal tax-.,—,—$4,291,927
1943
Ohio Water Service
he
profits
excess
shares
•After
Profit
Sept. 30—: J
*On 325,000 shares.—V.
The
$13,754,816 $13,059,981
&
profit"
U.
1943
1944
$13,545,952 $12,851,240
208,741
2
-
income
to
.
371,948
30
Sept,
surplus,
Balance
Earnings—
"f
Nu-Enamel Corp.—Earnings—
1
tax (net) —
profits under 1936 installment sale con-
pany
director of its
Norwich Pharmacal
iperating
49,342
———
taxes applicable
State
&
Federal
pfd.
-Earnings—
—208,864
Earnings
$922,320
5,192,215
$6,866,269
stock___
on
(& Subs.)
99,728
5,738,614
—
Co.
Sept, 30—
operations-—
income
744,161
$1,078,312
——;
prior years Federal inc.
divs,
96,975
1,038,192
i—
taxes—
$3.49
"income
$1,766,216
*—1_—__
————
surplus
Cash
Loss
$4,912,110
7,325
—
Operating • revenues.
Operating expenses —
Operating taxes
,
594,306
$2,213,480
L—
(Earnings per common
'
$2.79
Common
642,550
—
—
surplus,. Jan.
Interest,
Co.—Earnings-
1944—Month—1943
■"
:
243.683
$2.14
shr._
com.
Total
$1,123,666
——,-W-
—
Provision for Federal income
Total
Period End. Oct. 31—
f
243,683
$3.87
Sales,
160, p. 2299.
Northwestern Bell Telephone
.
243,683
$1,499,811
2299.
p.
from
Other
Pacific Western Oil Corp.- -Earnings-
1944—9 Mos.—4943
$148,484
6,244
4,016
—7,800
$40,315
2,566
1,486
$40,899
income
Gen.
$694,244
outstanding258,604
Profit
■
Statement of Income of Company Only
Total
694,242
$537,811
160,
Net
$1,619,173
Federal——
—_—
_—■—._!
deductions
Other
Refund of
$942,333
income
Gross
962,000
$960,281
9 Months Ended
$8,835,758
7,712,031
income——————————
income
Gross
Note—The
Int.
1,921,721
$902,269
profit
Shares
,
$1,388,486
$2,882,002
exc,
Earnings per
—V.
1941
1942
1943
'
$2,950,436
2,048,167
Net
$1.77/
$9,664,844
8,045,670
1944
charges—^
profs,
&
payable Dec. 29 to stockholders of record Dec. 22.
$924,077
income
Other
taxes—
profs, tax—
exc,
•Charges
Net
—
—
(& Subs.)—Earnings—
*1944—3 Mos.—1943
1944—9 Mos.—1943
$4,932,545 $15,203,305 $14,386,084
2,654,613
8,217,213
7,637,528
554,361
584,620
1,769,821
1,768,350
216,700
212,431
700,400
673,619
492,300
300,600
1,600,100
780,200
164,950
487,030
$5,003,399
2,825,161
—:
revenues
after
inc.
taxes
Coach Co. and Fifth Avenue Coach Co.).
1943
«•
1944
!
& taxes other than
operating
Net
Net
North West Utilities Co.
Fed.
amounted
-
Period End. Sept. 30—
Profit
Subs.)—Earnings—
revenues—________—,.
;
Tilford, Inc.—Earnings—
Federal
Non-operating income
356,380
U-
————
$0.12
Sept. 30—
9 Months Ended
2299.
Park &
$465,242
$137,406
$0.10
:
257,161
—
shares____
share
2546.
$49,231
(&
and
9 Mos. End. Sept. 30—
-
Corp.
Omnibus
Inc.,
Parke Davis &
$0.09
(Consolidating Chicago Motor
Balance
Operating
1190.
160, p.
being provided out of working funds of
the subsidiaries involved.
These first
1935 and at the time of such
in the aggregate principal amount of $2,024,200.—
is
purpose
original issue were
1944—12 Mos.—1943
$45,713
,
class B share
per
this
Pictures,
U, ■
.
Inc.—Earnings—
1944—3 Mos.—1943
Retiring Debt
that two of the corporation's
on or about Dec, 22,
redeeming
are
bonds were originally issue in
/
profit after charges
294,000
-
of
1943
551,161
taxes
Number
Oliver United Filters,
announces
domestic subsidiaries
Paramount
mortgage
V.
1
,
.
Period End. Sept.*30—
Oper.
3d
1944
operating revenues
after special - reserve,—!
Balaban, President,
required for
592,165
'
Cartridge Co. below.
See Western
Gross
Quarter Ended Sept. 30—
Earnings
$0.99
the balance, amounting to $1,214,000 principal amount, of their
mortgage
bonds covering,
respectively, the Granada Theatre
and the Marbro Theatre property in Chicago.
The cash
1944,
first
-
>
.
problem.
Pro! it
$0.81
property
$2,361,960
..$1,921,272
$2,009,494
surplus
Balance for com. Stock &
of Tax
,
Income
$0.84
Paramount Pictures, Inc.—Subsidiaries
Barney
■
'•'*
'■■'
v
*
The corporation
asserts a Civil Aeronautics Board study revealed
that tax payments by - airlines-have 'been higher in* Minnesota than
in any other State* > The study shows that in 1943 Minnesota, with
only two commercial air carriers,' was paid $528,826 for income,
personal property and other taxes; New York, with seven airlines
paying taxes, was second -with
$331,038;. California, with five air
carriers, was third with $207,228 and Illinois,
with eight airlines,
fourth with only $81,019..
. .--.r
;v; ,'o.''
:i
The Supreme Court ruled the State of Minnesota was entitled
to
tax all. planes of-the; fleet .although ,the company pays taxes on por-' c
lions of the fleet in six other States and only 16%, of its mileage
Is flown in Minnesota.' The-court recommended the law governing
taxation of airline planes be given Congressional attention, and Con¬
gress. on July 3 of
this year, directed the CAB to make a study of
Total
$0.90
'
stock
consolidated
its headquarters from Minnesota mnless,
V. Old Colony Insurance Co.—Special Dividend of $15—
the tax situation is. remedied, it was said recently in connection with ,
The
directors on Dec. 12 declared a special dividend of $15 per
the payment to Ramsey County, Minn.; of $128,541 for personal prop¬
share' and ! the msual * quarterly dividend of $5 per share, the specialerty ^taxes^on the company's planes ..for. 1939 through 1943.
v.(
The payment follows a ruling in . the District 'Court- upholding;, the- - being1 payable on Dec. 23 and the quarterly on Jan. 2, both to stock-,
holders 'of record at noon on Dec. 12.
A special distribution of like
State's,; right to
tax .the- entire -Northwest - Airlines ? fleet> of ,'planes
amount was < made
on Dec. 23, last year, and on Dec. 23^ 1942.—:
on
the grounds that the company is incorporated under the laws,-of V.'158. P.'2584. ;
'■
'
the State of Minnesota and its headquarters and home port -aretin
the County,- This decision has.been affirmed by the State SupremeCourt in a 4-to-3 decision and by the U. S. Supreme Court in a 5-to-4
Olin Industries, Inc.—Successor Company—
the
1941
$494,610
depreciation, amortization, Federal income taxes and Federal
excess profits
taxes of $670,574 in 1944, $407,239 in 1943, $365,099 in
1942 and $360,320 in 1941.—V. 160, p, 1407.
This Corporation may move
decision.*
1942
$411,268
on
1,548,605
income-
share
per
common
120,650
accruals—;
income
i
t
1943
$425,602
•After
tax
Ruling—
»
1,001,100
operating
Utility
kwh./for the
160. pp. 2546,'
Northwest Airlines, Inc.—May Move Because
i
1,212,000
1,230,000
1,768,000
surtax-—...
reserve
Retirement
Other
Dec. 9, -1944,*
output
24°7.'
excess
income
State
(Del.)—Weekly Output—
States Power Co.
Northern
revenue
normal and
Earnings
'
amount of $3,000,000,
and
its 2%7<>
serial notes in
the aggregate principal amount of
$3,800,000 presently outtsanding.—V. 160, p. 2407,
Electric
•—
deductions-
Operating
1944
profit
$15,006,477 $15,006,477 $12,907,442
5,722,702'
7,000,336
7,000,336
the aggregate principal
serial notes in
2%$
its
Operating revenues
•Net
Actual
Actual
Pro Forma
$449,906
3 Mos. End. Sept. 30—
1943
-1944
Sept. 30—
12 Mos. Ended
company
$8,000,000
Paraffine Companies, Inc. (& Subs.)—Earnings—
Oklahoma Natural Gas Co.—Earnings—
To Borrow
and sell
$250,000
of such
notes, at an average interest rate not exceeding 2 \k"/o. The proceeds are,
to be used by Northern, together with other funds in its treasury, to .
redeem its 1 Vz % promissory note in the principal amount of $1,200,000,
The
2651
FINANCIAL CHRONICLE
THE COMMERCIAL &
l60. Number 4343
Volume
pests,
including
160, p. 1867.
the
boll
worm,
boll
weevil and leaf
worm.
revenues
___
1,707,461
3,688,333
2, 081,254
3, 683,333
139,993
171,260-'
311,667
285,833
of limited-term
investment^
.The
$971,588 $11,139,566.
4,053
73,852
$899,538'
6,383
Interurban
800,000
lines,
Int.
on
deb.
Other
bonds-,—'
int.
-
106,875
deducts.,.
88,062
&
incomev.
Net
1,235
922
const. (Cr)
Int. chgd. to
real
The
6%
2300.
160. p.
...
A,"
1
_
3,827,992
3,838,304
cumulative first preferred stock (no par) (shares):__,_
pfd. stock ($1 par), (shares)-__"i—i.—
the
™
.
;
and
.
from March
.
1,
5,344
.
$3,455,079
I>r3,049
49,200.
29,000
.
V-113,700-
profits- tax
82.7.213
70,702.
67*590
income-taxes..-. 7
^$3y452,030
$315,007 r; $3,489,492"
$327,963
*
916,061
.392,091
- 131,000
"
7566,30ft
.>890*500-
-
^
-expense-1:__ 1: 7; •
.
62,700
X'-i-
*
.80,400
..
,
:547,600
.
$676,863
$63,692
div.', require-,:1 $55,816
160, p; 2335.; • • ; •.
$3.485,2.78
$764,319
7.
Service Corp.—r-Qutput—
output of the operating companies served by-ttiis Jfc«rjiora(formerly, reported.-by Standard Gas & Electric Co.)
for' the
week -ended Dec, 9,. 1944, totaled .202,324,000 kwh.,
compared ivith
Electric
tion
.
,
,f $132,405 "$.1:305*079
$117,673"
Public Utility Engineering &
'
-
kwh.
211,315,000
4.3%.—V.
160,
2547,
'
\
Subs.)—Earnings
Operating
revenues
$2,073,016 $26,361,210 $24,183,408
9,044,373
10,373,765
854,925
"1,892,160
1,698,804
159,725
$2,231,700
___
880,708
Operation
130,319
Maintenance
Depreciation
1944—12 Mos.—1943
1944—Month—1943
Period End. Oct. 31—
Federal income taxes_y_
202,564
"71,159
Other
246,104
245,448
taxes
1,424,935
i.
1,568,448
2,158,733
2,912.323
112,028
123,239
i_
of
a. decrease
corresponding week last year,
the
for
p.
Puget Sound Power & Light Co. (&
:
The members of the board of directors
of-the plan-are to remain in;
office until their successors are elected at the first regular meeting of
stockholders to be held subsequent tc a period of 30 days following
the first issuance under the plan of certificates of beneficial interest
in PGE common stock.
Vv'.;
The authorized common stock of Traction is to be increased from
150,000 shares to 750,000 shares, all without par value.
The number,
of shares of such stock outstanding will be increased from 131,131 to
■
$3,464,148,
707
Net income
—v.
date of confirmation
the
of
as
$314,300
Dr3,925
Preferred
1934,
outstanding.
presently
PGE
$331,888
disc,
are.
the
..
*
;•
$15,8Q7J)Q0
table
stock are,.subject to the prior claim:
of first preferred
three series
income
(net)___
oper.
Accel, of amort.- of debt
prior preference stock, - entitled to 'accumulated and unpaid
dividends from Nov.-l.1T932f
I "
'
;
t
To facilitate distribution of tlie certificates" of beneficial interest in
appropriate denominations under the plan, the common stock of PGE
will
he
reclassified
into
1,500,000 authorized shares of which an
estimated 1,184,500 will be issued and deposited under the adjustment
trust.
Such shares will be without par value" and will represent the
same amount of stated capital
as the 236,819 shares of PGE common
of
of
1
■
.
6%
interest at
accrued
to
92,628
988;
thereof are 1937 bonds entitled to accrued and unpaid'
at 6%
from Sept. 20, 1937.
The prior' preference stock is:
to accumulated and unpaid dividends from Jan.>1,'1933,"and
entitled
the
1944—Month—1943
1944—11 Mos.—1943 ..
$2,923,578
$2,878,087 $31,098,978 $30,935,411
■■
entitled
103,172
Fed,- exeess
5,586
,
foregoing
the
415,313
Deductions
.$350,600
Interest
Baltimore, Md., a Vice-President, has
death of
: ;
:
Sales—
to- iu
5,408,043
1,191,730
42.7,548
-Federal
32,512
.
,
(shares)™™™.
par)
referred
bonds
bonds
.1934
:
2188.
p.
($1
$9,627,589
4,957,402
1,215,108
$822,241 $10,063,921
$862,608,
Gross income
7
-
Peoples Drug Stores, Inc.—November
160,
stock
Common
stock
——1—
Net
w.,,.56,824
61,963
,r." :30,358:
par.), (shares.),.
pfd.. stock. "CSlOO-'par). !shares.)™_r_ ;
first
1944—12 Mos.—1943
1944—rMonth—1943
___
Non-oper. inc.
$16,157,600,
.
first preferred-stock ($100 par) ..(shares)
cumulative
.
^
$8 non-cum, second
a vacancy caused by the
Lancaster, Pa.—V. 160, p. 2300.
Period End. Nov. 30—
,
cumulative
Of
_
Sales
income boncls™™™™.
trust
follows:
as
cumulative prior preference-stock. ($100
V.
■
George Whittier Spaulding of
elected a director to fill
51,004
receivables-™
and
of New Hampshire—Earnings-
Co.
(other than Fed.)
Taxes
>27,414,257,:
-collateral
•
:.;6%
,
been
estate
6%
Offer¬
ing—An offering of 5,000 shares of common stock (no
par) by Merrill Lynch, Pierce, Fenner & Beane after
the close of the market Dec. 11 j was oversubscribed:; The
stock was offered at $60 a share net, with a concession
of $1 a share to dealers.'
5
:
Dwight L. Armstrong of
real
7c/»
Pennsylvania Water & Power Co.—Secondary
New Director—
and
outstanding securities of :Pepce are
.7.2&
$1,716,854 ' $2,052,035
Balance
—v.
•
$5,890,339-
appfic. tqlpfd^tocks-for the period
Dividends
estate
houses———
car
Total
.
$5,554,846
$505,242
$438,264.-.
.
$11,338,293
3,288,408
1,282,500
1,102,086
1,103,841
9,714
226.795
3,283,700
1,282,500
273,642
106,875
91,117
273,642
mtge. bonds—
and
•
'
'
2079.
p.
Operating revenues
Operating expenses
$975,641 $11,2^.3,418
$905,921
—~
on
shops
advertising
aggressive
by
"
1
Period End. Nov. 30—-
414,553
,
160,
Service
Public
24,250
$25,000 Consolidated Electric & Gas Co. collat: trust bonds
Receivables from Cazadero Real Estate Co,
_™_.
$11,298,876
39,417
strengthened
be
•
shares
Miscellaneous
income
Gross
Int.
liberated."—V.
is predicated upon the following valuations:
plan
shares Portland General Electric common stock— $121,939,515
Portland Traction Co. common ijitock——3,373,635
23,180 shares Consolidated'Electric & Gas $6 .cum. pfd. f tk.
811,300
8,491
revenues—
Other income (net)
the outcome of the
litigation.
131.131
oper.
upon
236,819
:i_~
Amort,
Net
in PGE dependent
contingent interests
only
pending
will
business,
England, where company, business was expanded greatly before
the war, and in Cuba, peace-time expansion is anticipated.
Procter &
Gamble
plants in the Philippines and Java are now in Japanese
hands and will present serious problems
when these territories'are
"In
represent
law), will carry no voting or dividend rights and will
of
tion
212,627
6, 693,601
approp.J
taxes
let. res.
Prop.
978,182
7,448,450
its
planned public relations.
dinated
"
355,164
584,762
Federal takes
Other
1944—12 Mos,
$4,168,355 $50,834,686 $48
2,384,510
26,850,876
25
$4,222,305
2,286", 345
—
expenses
—1943
of
underlying PGE stock.
The certificates of contingent and subor-'
contingent interest will be non-transferable (except by opera¬
the
1944—Month—1943
Period End. Oct, 31—
Operating
Operating
respect of
transferable and will carry full, voting and dividend rights in
Co.—Earnings—
Pennsylvania Power & Light
—V.
Monday, December 18, 1944
THE COMMERCIAL ^ FINANCIAL CHRONICLE
2652
1,066,217
2,608,140
■
in Personnel—
Permutit Co.—Changes
v;
•
Foulds,' Executive Vice-President, has been elected Presi¬
dent, succeeding W. Spencer Robertson, who has been elected Chairman
of the Board.—V. 158, p. 2258.
•
.
:
Henry W.
week ended Dec.
7,389.000
V.
160,
5.6%
kwh., or
p.
2547.
of 1943.—
31, 43
'
-
$30,191,558 $26,433,670 $26,499,684
shares—„—_—'/■■,, 849,764 ., -849,764
849,764
assets
Net
capital
of
Number
assets
Net
share
per
market
a
fair value of $29,955,586 on
or
carried
investments'
$31.11
$31.18
at $5,549,702
A year earlier
fair value of
$35.53
—_—_
the Aug'. 31. 1944, balance sheet
Investments carried in
had
had
$5,249,702
at
a
that date.
market or
"of
Oct.
the
stock as
report states that the net asset value of the common
9, 1944, was $39.99 per share—V. 160. p. 1740.
30
to
Federal;, tax
420,300
I———!———-';
1942
-
z.
profit J
— —
■
per
"After
J'-
'.O-L
$8,732,000
$3.95
- -
Pittsburgh Screw & Bolt Corp.—Earnings—
"Net
profit
Earns,
per
share.
charges
'$596,695
$212,506
$0.14
$157,964
$0.10
:.
com.
all
"After
1 944—9 Mos.—1943
1944—3 Mos,—1943
Period End. Sept. 30—
$588,537
$0.39
$0.40
taxes.
and
profit for 1944-excludes a non-recurring charge of approxi¬
mately $67,000 applicable to 1944 earnings in respect to sale of prop¬
erties in February, 1944.—V. 160, p. 1192.
net
The
(& Subs.)—Earnings—
Plymouth Oil Co.
"Net"
profit
of
Shares
$504,798
——
capital
outstanding
1944—9 Mos.—1943
1944—3 Mos.—1943
Period End. Sept. 30—
$1,547,970
$560,333
"
$1,659,494
stock
1,035,200
$0.54
1,041,616
——
1,035,200
1,041,616.
$1.48
'
Earnings
"After
Pond Creek
9 Months Ended
"Net
$0.47
share
per
charges and taxes.—V.
profit
160, p.
,
...
,
"After
charges,
common
for
Federal taxes and reserve
shares.—V. 160, p. 1192.
1942
$400,343
$2.36
1943
$363,533
$2.14
$386,838.
$2.28
.
.
tOn
contingencies.
SEC
approved Dec. 7
bondholders
which
holders
a
plan of reorganization
will
receive
95%
of
the
of
omission,
or
In
prior preference
Co.
common
assets
laneous
formed
stock
will
be
be
distributed
placed
in
immediately.
Realization
Corp.,
Certain
a
miscel¬
to
company
be
to
tributed.
the
and
tributed
liquidate such assets, and the stock of which will be dis¬
Pepco's holdings in the common stock of PGE will be
to an adjustment, tryst, of which certificates of beneficial
will be issued.
The rJtock of Traction, the stock of Realization
certificates
to
the
of
beneficial
bondholders
and
interest
prior
in
PGE
preference
stock
will
stockholders
be
in
dis¬
and
their
of
this
preferred stock of Pepco may
priorities,
certain
from
For
first
in
any
litigation now
purpose
participate,
in the order
benefits that may ultimately be realized
being carried on by PGE and the trustees.
the adjustment trust,
in addition
to
issuing
certifi¬
cf beneficial interest
to the bondholders and prior preference
stockholders, will issue certificates of contingent interest to the prior
.preference stockholders,
and certificates of- subordinated contingent
cates
interest to
In
preferred stockholders.
the certificates of beneficial
interest',
are
to
be
fully
$5,264,196
3,950,000
$1,688,770
737.312
$1.66
'
...
.
.
Total
Sept. 30—
'
Expenses
Net. income
.Dividends
program.
announcement,*further yent on to say:
plan^'Changes1 Idbking to post-war production
already been drawn and construction will start as soon
The company's
as
have
the
soon
&
and shortening plants in this
to meet the heavy demands of the
and civilians,
rehabilitation and
out-dated equipment will go forward as
Gamble
soap
of
outworn
and
possible.
as
statement
does
Balance
the
States
the
and
war
the
is regarded
Canada
company's products.
regarded
73,909
&9J262
t-U T
Inclui
not
?*.
gains
Sheet,
«r
.•
losses
on
Sept.
1944"
Assets-—
at market quotations
National Bank of Bostons-
"Securities
Accrued interest and
$7,611,886
352,995
352.883
stock tax & prepaid
cap.
5,010
13,539
■
1,533
exps.™
.Total'
39,713
49,185
dividends receivable—---
Receivable for securities sold————
Deferred Fed.
1943
$9,864,544
Casli in The Second
1,485
$10,281,798
$8,010,978
$16,967
$14,127
107,520
™
89,262
Liabilities-
Accrued
expenses
-i—
—
Dividend payable in
October-.,———
36,115
Payable for securities purchased—
of
Shares
tNet
Sept.
Total
interest
30
securities
———
carried
are
on
the
records
7,889,993
$8,010,978
of
trust-at
the
cost,
tBased on valuing securities
$8,945,977 In 1944 and $6,870,976 in 1943.
owned
6,376
10,121,052
reacquirfid-
—
"The
11,220
142
$10,281,796
beneficial
assets
market
at
quotations-r-equivalent
to
$14,12 per
share
for
716,800 shares of beneficial interest of $1 "par value each at Sept. 30,
and
$13.26
to
(exclusive
of
share
per
shares
10
treasury).—V.
160,
in
for
1944
595,080
and
shares
475
at
shares
Sept. 30, 1943
1943 held in
in
571.;
p.
Oats
Co.—-Secondary Distribution
The offering was priced at $77% a share,
sion of
$1.50
—
Smith,
with
a conces¬
share to NASD,members.—V. 160, p. 2547.
a
Rapid Electrotype Co.—Earnings—
9 Months Ended
.
-V;rU54,' pi
1944
Sept. 30—
1943
$1,181,147
$899,100
181,530
99*467
1674.'
fii.ii-
Rayobietj, Inc.6 Months Ended Oct.
1944
31-
1943
after .expenses-,———
$3,014,395
$2,477,280
de'pletion-r-7|——-^-^-'4^—
926,032
816,279
Federal
taxes
on
income—1T^
< -T
,
Net
profit
—V.
160,
-
as
an"'autletsfor on^* or'more
Goodwill, of the public toward- its brands,
by the company as indispensable
to the..growth and solidity
p.
-a-
■
,
'
-11——--
■
-r—
common' share..
1022. '
Reed Roller Bit
'I
1,188,086
769,198
$900,277
$891,803
$0.28
$0.28
'.f
after
chgs.,
but
160,
P.
of
B,
the
$34,506
51"?
1942
$659,439
Minneapolis, Minn.—Bonds Called—
outstanding'first mortgage 6% gold bonds, series
been called-for redemption on Jan. 1,. next, at
have
and interest.
trustee,
1943
1944
before Fed.
1299.
Regan Bros. Co.,
All
series
—V.
$469,992
taxes
-V.
™r~,——-
Co.—Earnings-
Quarters Ended Sept. 30—
Profit
company's products, in the main, have
been
available for civilian use.
The predominant tonnage is repre¬
sented
by
soaps
and vegetable fats—two commodities, essential to
life
and health
and for
which
a
satisfactory post-war' 'iparket is
foreseen.
1"
'
"Every household and practically every productive. indtjstr# in the
"Throughout
United
$57,083
securities.
Earnings per
permit.
Procter
13
country now operating at capacity
military services,
war
industries
replacing
10,5^3
$57,403
necessary
conditions
war
"At
$67,636
14,601
107^520
r.-——
above
Profit
needs
15.788
$72,004
$79,002
—
Note^—The
r
1942
1943
27,031
—
Depreciation ,and
for
•
:
$55,852
11,783
bonds——™
on
their
post-war
.
'
$56,216
$70,036
1
manufacturing conditions and raw
"Plans
:
1944
.
f
stocks^——
on
income
.
Oamble Co.—Posf-War Plans—
'
$0.58
'
Salepo
- tu.VK—
:
—.
Net;;profit After charges but .before-taxes—
2188.™—
p.
;
$97,067
18,065
income
Interest income
717,985
$2.15
,
>
-
"
.
(George) Putnam Fund of Boston- -Earnings, etc.
$1,314,196
748,186
$1.93
■
•
-
3 Months Ended
Dividend
materials permit, the com¬
pany
is ready to introduce several new products and improvements
in
present well-known brands, officials said on Dec. 8 in outlining
When
of
the first
summary,
160.
.1942
1943
$1,555,722
—
;
975.-
p.
260,237
$0.67
Barney & Co., offered as a secondary distribution Dec. 7
and quickly sold 3,000 shares of common stock (no par).
9,728,000
pejj; coi^mjOn share-
Procter &
the
proportion of approximately 95% to the bondholders and 5% to the
prior preference stockholders.
As stated in our opinion of July 1, 1944, the purpose of the adjust¬
ment trust is to afford a mechanism by which the prior preference
stock
-r—
1943
$8,005,234
r'222,666*
taxes_——
and
'
6,425,000
scares outstanding
Earnings
transferred
interest
any
$7,980,722 $11,427,770
but before taxes
contingencies™
y'80.1$
plan of Guaranty contemplates the liquida¬
assets to its security holders
appear.
Pepco's holdings of Portland Traction
will
profit/.
Net
Common
amended
may
and
taxes
1944
Sept. 30—
chgs.
after
Profit
Federal
and the distribution, of its
interc»t
their
as
the
of Pepco
159,
Quaker
—V.
of
brief,
tion
supply
Co., Inc.—Earnings—
Steel Car
1944
$8,454,869
—
charges
after
Earnings per common share____
—V.
1944
supervision of the court,
and may cure any defect,
reconcile any inconsistency.—V. (160, p. 1670.
plan
the
Inc.-^Earnings—
-
.
......
construe
may
9 Months Ended
security holders.
The report of the SEC states in part:
classes
..
preference
Consummation of the plan will be under the
Plan—
for the company
company's assets
stock will receive the remaining 5%.
The
amended plan finally
accepted by the Commission was sub¬
mitted by the Guaranty Trust Co. of New York, trustee for 6%
col¬
lateral trust income bonds.
It includes suggestions made last July by
the SEC when it
rejected earlier plans as unfair to one or more
and
Purolator Products,
fj
>
Portland Electric Power Co.—SEC Approves
The
under
interest
,
Pressed
•
beneficial
of
full.
which
for
Inc.—Quarterly Report—See page 2656.;,
Pullman,
,
common
■
taxes
income
,
stock of Pepco are to receive in full
satisfaction
of their cldim thereon, including all dividends accrued,
the following securities with respect to each share of such stock':
Certificate of beneficial interest in one share of PGE common stock,
certificate of contingent interest with, respect to shares of PGE com¬
mon; stock in an amount equal to the difference between their claims
and the amount of assets presently available to satisfy such claims,.,
issuable upon
the contingencies, and subject to the limitations, set.
forth in the adjustment trust agreement; >/2 share' of Traction common
stock, and V2 share of .Realization: common stock;-provided, however,
that no; certificates for fractions of a share of Traction common, stock .
will, be issued, but in lieu thereof scrip certificates...„yr,/.. :
Each holder of first preferred stock of Pepco is to receive in full
satisfaction of his claim thereon, including dividends ffcci;ued,; a cer¬
tificate of subordinated
contingent interest in the amount of such
claim, including dividends accrued, with respect to any shares of PGE, .
common
stock, exceeding the aggregate number required to satisfyall certificates of contingent interest, subject to issuance upon the con-;,
tingencies set forth in -the adjustment trust agreement.,
The plan states that the assets of Pepco are insufficient to make'
any
provision for holders of its second preferred stock or common
stock; that such holders have no equity in the assets and are not
affected by the plan; that the holders of first preferred stock have
no
equity in the assets of the debtor and have no interest, except
upon
the contingency that net recoveries may be realized from the
litigation in an amount more than sufficient to satisfy the claim of
the prior preference stock; that the plan gives adequate protection for
the realization
by the holders of prior preference stock and first
preferred stock of the values of their respective equities; and that
accordingly, if the plan by order of the court is submitted to any
class of stockholders for acceptance, and if the plan is not accepted
by tho requisite number of such holders, pursuant to Section 179 of
the Bankruptcy Act, the plan may nevertheless be confirmed by the
.court.
-*
1
•
■
All creditors of Pepco, other than bondholders, will be paid in cash
in
Federal
.
profit
y.
Pocahontas Co.—Earnings—
Sept. 30—1944
tEarnings per common share—;
169,742
$1.59
668.
stock,
shares of Realization
common
"
1944—9 Mos.—1943
$9,963,000
$4.51
$1.34
p. 2408.
Share——
$1.35
charges and taxes.- -V. 160,
Earnings
220,000
1944—3 Mos—1943
$2,993,000 .$2,966,000
""Period End.'Sept, 30— "
^Net
$221,934
——.
1943 were reduced
by $1,092,000, due to deductions being claimed in the amount of approx¬
imately $2,600,000 for items arising from the refinancing of the com¬
pany's debt.
The companies do not consider that they have any
liability for excess profits taxes.
#
tExclusive of dividend of $2.50 per share paid Sept. 13, 1943, in
order to reduce arrears, such payment having been made in accordance
with the provisions of the plan for recapitalization.—V.. 160, p. 2335.
Net
prior
provisions of the Revenue Acts applicable during
periods/
6 Months Ended June 30—
certificates
no
of PGE
share
a
restated
comparative purposes Federal income taxes have been
respective
for
that
however,
1584,375
$4,581,657
dividends paid
give effect to the
the
' '
.
687,500
$4,522,090
sales
Holders- of
Plate Glass Co.—Earnings—
Pittsburgh
-
s—
stock.'and/30
common
.
"For
to
3,000,113
.
61 shares of PGE
in
ceedings.
$212,559
$195,829
220,000
220,000
Earnings per share_...i™_—™_$1.01
$0.97
$0.89'
Note—The report states that jna provision was believed, necessary for
renegotiation for the third quarter of 1944.—V. 160, p. 1192.
profit
outstanding
$5,166,032
.
Balance
stock will be issued, but in lieu
thereof a cash adjustment will be made on the basis of the value per
share of PGE common stock as determined in the reorganization pro¬
$981,029
,785,200
$1,112,559
900,000
$642,234
and reserves——
provision
$5,209,590
$409,933
Net
fractions of
1943
.1944
Quarters Ended Sept. 30—
Traction
stock;
Provided,
Net
meeting
regular
period of 30
a
of
shares
common
(& Sub.)—Earnings—
Profit before tax
$421,067
$627,461
191,731
amortization
&
Prior preference
in office until their successors
of stockholders, to be held
remain
to
are
first
Certificate of beneficial interest
Pittsburgh Forgings Co.
Shares
plan,
the
at
principal amount of less than $1,000:
$26,588,769.
The
$7,562,320
2,352.730
$8,166,145
206,393
Rr2,270
(net)
Balance
days following the first issuance under
Traction common stock.
to receive the following securities
in
full
satisfaction
of
each $1,000 principal amount
thereof and
accrued interest thereon (from March 1. 1934):
Certificates of beneficial interest in 70 shares of PGE common stock. :
35 shares of Traction common stock,
and 35 shares of Realization ;
common stock.
' ■.
"
Holders of 1937 bonds of Pepco are to receive the following securi¬
ties in full satisfaction of each $1,000 principal amount thereof and
accrued interest thereon (from Sept. 20, 1937), and a proportionate
amount of such securities with respect to bonds of this series having a
based on market or estimated
assets,
reports net
$8,147,582
18,563
$629,731
$601,664
income
Interest
the plan of certificates for shares of
Holders of 1934 bonds of Pepco are
investments,-' as follows:
Aug, 31, '44 Feb. 29,744 Aug.
of
elected
are
subsequent
corporation
The
of
firmation
Securities Corp.—Asset Value—
Phoenix
valuations
period
corresponding
the
over
$7,649,137
Rr86,8U
$648,766
Dr47,102
revenues™-
oper.
Balance
Center Street shops and the Water Street freight
Except for the 100,000 shares so issued, there will
be no increase in the total capital stock liability of Traction.
The
members of the board of directors of Traction, as of the date of con¬
properties,
the
terminal yards.
output for the company and its subsidiaries; for; the
9, 1944 amounted to 138,224,000 kwh., an increase of
electric
the
for
Philadelphia Electric Co.—Weekly Output—
The
Net
Other
of which 100,000 shares will be Issued as consideration
purchase by Traction from- Pepco of the interurban railroad
592,175 shares,
A
and
102"2
Payment, will be made at the Marqudtte National Bank
Marquette
Ave,,. Minneapolis,: Minn*
.
,
.'
Volume
Illinuis^EarningB—
Reliance Mfg. Co. of
Sept. 30, '44'June 30, '44
charges and taxes
$354,160
$527,456
common share...$1.53
- $2.24
;.
...
Earnings, per
—V,
^
.
160. p.
1300.
.
.*
,
Net
profit
Net
"Net
$1,259,625
-
'
share.
per
$960,978
1,743,040
1,831,393
1,743,040
$0.60
$0.43
$1.22
$0.78
"'After "charges and
\
'
...
taxes:—V. 160, p. 2443,
Net
Scranton-Spring
profit
"•Earns,
Copper & Brass,
Revere
(1)
v.
receive
193,921
916,904
714,693
2,061,245
1,286,311
1,391,363
1,477,382
695,000
income
10,840,000
1,000,000
12,600,000
$1,262,048
$0.61
$1,270,907
$0.62
cilities.
etC;
fFedcra!
tax
on
profit
Net
•Earns,
u,. -■*.--**
share
com,
per
tBeiore
profits tax.—V, 160. p. 2443.
•On
1,286.916
excess
shares.
common
Reynolds Metals Co. (&
$2,129,924 $3,260,509
$1.28
$2.16
post-war refund of Federal
Subs.)—Earnings—
Ended.Sept. 30—
taxes & special
9 Months
8,800,000
Net earnings before
after
taxes.
-
SEarnings
emergency
Scudder, Stevens & Clark Fund, Inc.—Asset
—v.
excess
:
—V.
'
159,
2080.
p.
■
'
"
"
,
-1944—10 Mos.—1943
$585,547,.; $566,354
$5,743,421
'
$585,547
$566;354
386,434
369,004
3,815,394
96,763
97,547
•968,856
—V.
•
$102,350
$99,803
$956,752
1
75,624
687,137
641,455
$5,741,002
oper., income...j.
Net income
—V.
160,
—
p.
2335.
.
42
i
159,
p.
2237.
9 Months
Co.—Earnings—
' v
$0.74
-
Ended Sept. 30—
$6,990,194
sales
Net
before
Profit
and
Income
$4,362,556
698.040
374,700
1,254,657%..
taxes*..,.—-
excess
1943
:
profits
taxes
902,785
(net)
$351,872
Common
Earnings • per
—V.
160. p.
336,045
outstanding.,-——..u— ——_
shares
$323,340
336.045
$9.88
$0.94
share-——
13C0,
\
.
•
v,
•
'
to
postHwaiv
•'
1300.
Period End. Nov. 30—
Sales
—V.
—
160,
—
—
p.
Inc.—November Sales-
1944—Month—1943
1944—11 Mos.—1943
$1,184,875
$1,087,818 $10,246,165
$9,196,678
1942.
St. Maurice Power
Corp.—Offering $10,000,000 Refund¬
ing Issue—Public offering was made
of $10,000,000 -first mortgage sinking
"C"
The
Dec. 11 in Canada
fund bonds, series
3%%, due April 1, 1970, at 101 and accrued interest.
syndicate selling the bonds is headed by Dominion
to principal and interest, only in
of this new issue will be to
refund $10.000.000.first mortgage.sinking fund bonds,.series "B," 4]/2%,.
due April 1, 1970.
% 1
'
Corporation. %t-he ctfpital stock of .which is owned in equal parts by;
the Shawinigan Wat^r & Power Co. and Brown Corp., was incorporated
in .1938 under the laws of the Province, of Quebec, to succeed a pre¬
decessor corporation
incorporated in 1931.
The corporation .owns a
hydro-electric power plant at La Tuque on the St. Madrice RiWr inthe Province of Quebec.
By the end of 1940, four, units With atVJ&kgregate generating capacity of 178,000 hp. were installed and in opera¬
tion.
In 1943, the installation of a fifth unit was competed* bringing
the total installed capacity to 222,500 hp.
Under apr arrangement
extending to Nov. 1, 1970, the Shawinigan Water. & Power Co. is
operating the hydrb-electric plant at th?rexpense of thoj^prpmafion
as part of the hydro-electric system of the Shawinigan ^^tc(r .&'Power
Co. on the St... Maurice River.
'
.V. ..
v,i' '
The company has entered into contracts eXtenmng to."April l..X9u,
with the Shawinigan Water & Power Co, and Brbwn Corp;,' under,;the
terms' of which Shawinigan is "to take 150,000 hp., less the amount
of primary power taken by Brown Corp.,
which amount, is now set
at not less than 13,000 hp. and not more than 50,000 hp.
The net earnings of the corporation, after all expenses, depreciation
and Dominion
income taxes, for the twelve months ended Dec. 31,
1943, were $725,323, as compared with interest on the new first mort¬
are
bonds
The
lawful
payable,
both
of
Canada,
The
monev
as
purpose
■
gage
—V.
bonds of
154.
p.
$375,000.
The provision for
depreciation is $301,000,;
1194.
•
.»
common
outstanding.^V:-160,
<o\.
Gross
Profit
for Federal
for
.
105,300
-
Safeway Stores, Inc.—Sales Continue
Higher1944—48 Wks.—1943
1944—4 Wks.—1943
$
Sales
....—Drr,T
Stores
2,459,
2080
as
and
in
operation
51,116,461
in. the
four
against,2.479 In the same
1743.
of Common Stock
1943
$2, 705,958
1,432,142
984,000
942,783
448,200
900,672
$448,142
$494,583
$534,285
791,627
776,627
776,627
;_*■
Sept.
1944,
30,
'*
$0A3
$0.38
reported a net
$1.23 per common
common share for
company
Earns,
per
sh., on
1944—9 Mos.-
1944—3 Mos.—1943'
-1943
9 Mos. Ended
Gross
$133,212
1,120,000
$0.12
$0.20
com.
$755,443
$823,900
1,119,500
$0.74
$228,176
1,119,500
....
•Net
1,120,000
income
"After
t
the.
.....1
668,455
3 147,758
402,393
418,220
1
charges
Provision
for
Prov.
;_.—l
I*.
for
&
2 662,569
196,405
196,329'"
'
•!
depreciatioiii*
inc.
2:250.000^
2 250,000
3 485,247
'1T,1905,83O,%
profits taxes..-
excess
.
First
nine
months of
First
nine
months
—V.
160,
1300.
p.
$1,483,755
$1,688,625
profit
as
1944, the subsidiaries
gold and 16,825
crude
of
'■
"
Colombian-United States
$67,829$88,939
67,122
47,670
■
..__*,_*_.***—
1944.
.*<*—
%;;
'...
;
:
■■.',%%
.
'
%
9 mos.
ended
SepJ^£^_-r07^-^^(jffjl,;^9,428T.. 1,459,428
ua Juaa-ianLEibfllU-- ^ni,$229,197*$24,328
—V.
160,
p.
-iS^it J.x:JbQ'IJni
161,244
164,545
179,069
$3,269,435
$3,230,066
$3,261,255
$2,994,112
Purchased power
288,525
237,685
337,034
263,878
Operation '
JTaxes
516,895
722,315
448,476
824,465
421,033
745,237
4Q7;679
665,086
Maintenance
224,043
221,547
connected
Miscellaneous
Gross
$3,108,191
revenue..
earnings—.__*-
33,669
35,119
$3,065,521
36,846
__
revenue
$3,082,186
342,246
294,124
1,800
1,800
1,800
Interest
274~544
274,562
274,580
274,596
Employ,
fund.
27,020
23,630
20,000
20,000
res..
375,940
359,000
362,125
335,440
$766,324
662,689
$875,403
$804,086
1473,868
Bad
debts
pension
to
deprec.
Surplus for
Surp. brought
$721,950
year
683,679
$1,429,013
paid—
$1,405,629
425,334
425,334
$1,408,023
425,334
paid....
320,000
320,000
320,000
divs.
Preferred
divs.
Common
,
%
Balance
Sheet,
hand
shares
1944
1—..... $21,545,515
in
90,007
and
90,007
2,993,242
Accounts and notes receiy.,
Merchnndise
2,673,486
275,547
282,825
240,376
238.782
60.387
83,85')
56,650
71,543
16,693
13.If 4
incl. accrued rev—
maintenance, supplies..
Prepaid and deferred charges...—_T_.
receivable, less reserve—....——
securities held in escrow by trustee
and
Funds
for
bondholders
—
stock held
Refundable
portion
764,521
bond.4,
investments
•Other
.1943
$21,396,903
665,980
in banks
and
affiliated
companies,
and advances at book value.j
Investment
Sept. 30
■:
;
investment
on
1
■
.
Consolidated
Assets—
Cash
$1,277,954
425,334
320,000
.$660,295
$683,679 %. $662,689
$532,620
of discontinued subsidiary eliminated,
includes excess
Surplus
Plant
532,620
forward.
for sale to explcyeeS—*..—
8,604
9,4^3
tax......
125,465
86,855
of excess profits
$0.68
'>$0,77. >
fltAroni
If0
;
1300.
1941
1942
::1943
1944
32,631
$2,828,760
165,352
Electric
Common
Surplus.
Earnings per share.
"
%."f
Ltd. (& Subs.)—Earnings
"
Dividends for
States
,
follows:
1943...
Years Ended Sept. 30—
Customers
Mortgages
Net
of
•
1,760,000
—
these products require refining-.
United States income' taxes
(excluding
/
were
.
626,063
2,596.519
*.__.
tOn
both of
and
Colombian
Estimated
r
1943
3,265,010
United
interests;
...
ounces
1941
$515,549
$0.29'
1942
$208,394-.« $0.12
:
estimated
,
42,204
produced
company
">tSurplus
641,606
Exchange
Subs.)—
•
-
Notes—During the nine months ended Sept. 30,
,-ouncesiof crude platinum;
profits taxes.
4,732,457.
operating and maintenance expenses-
purchased
Water rentals ___t
1943 •
$159,214
- $0.08
minority
and
taxes
(par. $1).-
stock
•
depletion,
estimated
depreciation,
capital
.
-
$0.11
.
Colombian -income
and
shares
$17,678,770 $17, 938,473
..
Power
Fixed
(&
Co.
Platinum
&
1944
$197,280
Sept. 30—
(est.K
$0.67
1944
Sept. 30—
•
Total
...
$26,078,468 $25,711,414
"
nnuy'ivh'
(W. A.)
Shcaffer Peg Co.
tax
Contingency
Net
provision.
reserve
per
common
$2,550,359
1,872,700
....
175,000
...
share.
.
Liabilities—•
debt
Accounts
1944
$502,659
$3.14
profit
Earnings
"
:r
Months Ended Aug. 31—
Profit before taxes and contingencies..
Federal
at*
Funded
6
*
1943
$2,781,269
-2,020,000
225,000
$536,269
$3.38
states that renegotiation has been completed- for the
period, up fd Fet).. 28, 1943, with no refund necessary, and it is believed
that "thA'ifitovfsions made up to Aug. 31, 1S44, have been adequate.—
v. i6ovjirT 1743:• ■
^
■■ ■ •
%
45,875,;>18£ J02,73p,401 542,166,415
a:
Gold
tEarns. per share......
f
revenue
General
1943
$664,403
$1.17
2679.
p.
Total
1300.
p.
1944 .
$533,092
$0.90
share
$6,107,547
;-**-
payable
and
accrued
for Taxes.*....
$6,108,923
129,6^9
110,463.
liabilities......
365,947.
Dividends payable
—....
106,333
Customers' deposits, including interest.....—
59,293
Bond interest accrued......
136,875
6%- cum. participating pfd. stock ($100 par)_u
7,088,900
Common stock (400,000 no par shares)
8,000,000
Minority shareholders' interest in sub company
455
Reserve for
depreciation
—3,214.166
Reserve for bad debts..
27,060
Miscellaneous and contingency reserve.201,132.
Earned surplus "
660,295
Provision
440,064
...—
106,334
*
,
56,515
.
136.875
,
7.088,900
8,000,000
—
455
2,709,975
52,677
—
...
197,390^
'
6$3,673
_
1944, totaled
periodliiw"1943.-^V; 160, pp. 218ft,
ivA
(& Subs.)—Earnings—-
Sept. 30—
common
9 Mos. End.
Transf.
Shattuck Co. (& Subs.)—Earnings-
outstanding
—V., 150.
166,387
200,000
$0.31
ended
aiter chgs.
inc. taxes...
Fed.
and
$0.24
Earnings—
■
1942
$2,926,649
—
shares..^
Period End. Sept. 30—
Shares
796.378
Inc., below.—V. 160, p.- 1744.
Southern Canada Power Co.,
1944
taxes.
months
V
Total
^i^-NTew Well Brought In—
weeks., ehdnd >Deci 12,
.
159.
,
$3,705,516
share.
12
1942
$188,468
$198,122
803,8.78.
$0.25
$227,917
819,878
$0.28
,
South .American
%■%'■
•
per
profit
<
1943
profit after charges and taxes
of
.
.
aiter charges and taxes of $1,786,342, or
share, as compared with $1,784,685, or $1.26 per
the 12 months ended Sept. 30, 1943.—V. 160, p. 1901.
Net
> :
1944;
share-.:
United Drug,
—V.
-
contingencies...**
war
common
the
$1.57
■
1300.
p.
Earnings per
2080.
p.
r
profit
For
317,851
-
-
exhaust
approxi¬
negotiation.—V. 160, p. 1023,
*
Sept, 30—
9 Months Ended
!
'
..
after charges
Provision
Provision
Earnings
$1.34
and reserve ior renegotiation.
reported by Edmund T. Price. Presi¬
Corp.—Earnings—
per
160.
Net
cents
\
profit^..^*....^^,
of
.1943
.
including anticipated orders for
propulsion engines amounting, to
Soundview Pulp Co.
.
Exchange has authorized the listing of 1, 345,570
.stock tpar"$1), all-of"which is presently issued
"V';
Number
,
Sontag Chain Stores Co., Ltd.—Acquired—
Company
Period End. Dec. 2—
not
was
profit after cbgs. & Fed. taxes
shares outstanding___^___
—V.
Shawinigan Water & Power Co.—Earnings—
Corp., Ltd.
Securities
taxes
31
for jet
parts
minority interest)
(Frank G.)
2189.
and
Earnings
Inc.—Special Dividend—
.tftb^dividehd4 of 36
Shamrock Oil & Gas Corp.—Listing
Net
I
317,851
Common
1941
$108,436
-
..
.
profit
Rose's 5,10 & 25-Cent Stores,
Federal
$20,500,000,
'
$1.03
profits
excess profits tax refund.
$0.69
Quarters Ended Sept. 30—
1944
1944
■
share-^____^,__2T„^__,-_^___.
Sonotone
Net
Sharp & Dohme, Inc.—Earnings—
Root Petroleum
at
$2.84
contracts,—V. 159, p. 114.
V
:'
:
$1,'413,243
497,000
,
provision; for Federal income and excess
and
after xgivipg-.effect
of
$2.46
shares
common
per
9 Months Ended
.
announced on Dec. 11 that its assets now exceed
$11,000,000, atr market!
See also .V. 160, p. 2547.
and
-V.
of
backlog as of Oct.
dent.
The corporation also
shares
RR.—Purchase-
Ontario <fc Western Ry. above.-
York,
New
shares
paid in
cents
$1,229,178
..498,800
$2.78
mately $15,000,000 which now are under
'The New York Stock
Rome & Clinton
see
498.800
$14,750,002 $12,273,588
442,473;
' 514,974
tAfter charges.
The
•
,
.
$1,386,534
8,556,883
8.61L635
profit
Number
iW.f
"i
v-
5hare__ir_i.____r.1U„_
per
Earnings
per'.share Previously de¬
clared.-the directors'have-declared a special, capital profits dividend
of -15 Cents, perj share- On ..the capital, stock, ^also payable" Dec.-. "27 to
holders of record Dec. 18.
The special dividend twill be paid oux of
capital profits realized during 1944.
This increases total dividends
Tor the current-.year
to. 60 cenivper'share; which' compares with
.}-
'650,000
r
8,502,113
-
,
,
Net
com.
p.
t
•
,
<
tNet
$916,006
72,598
%
;
■
160,
X-
income
M
.
Solar Aircraft Co.—Earnings—
•
>
.
_
' $
-
.
1942
$105,115
105,000
$1.00
104,800
104,200 "
Selected American Shares,
$5j554,949
-3,658,935> 980,008
expenses
Operating.' taxes
■
>
1943
.393,375
1944
shares"
charges
and
taxes
state
profits taxes
"6 Months Ended Oct. 31—
Sales
See
$77,350
"
per
•"After
i
•Subject to renegotiation of Government
92,469,397 821,066,525 718,301,756
.
'
revenues^..
Operating
•"
:
$5,559,549
4,600
2,419
.
Uncollectible bper.
Operating
: Earns,
4
and
income
I,".;.
profit
Qutstand'g com.
"
revenues ...
rev.'-
2080.
P.
Uvr addition' to*
1944—Mo n til—19 43
Period End. Oct. 31—
Operating
.%
$
•$
109,684.195
160,
•Net
Telephone Corp.^Earnings-
Rochester
Net
Earnings
.
Quarters End. Sept, 30—
j
v
"
\'%■./.
...
Seeman Brothers, Inc.—Earnings—
,
—V.
■
Sales
...
adjusts,
Shares outstanding
,
Sears, Roebuck & Co.—November Sales—
' .;:
1944—Month—1943
1944—10 Mos,—1943
/
Copper Mines, Ltd.—No Dividend—
Chester Beatty, Chairman recently-stated that unsettled conditions'
In the copper industry,' plus heavy capital - expenditures expected to
be made by the company in the next few years, do not justify, the
payment of a dividend until more is known of the intentions of the
various
governments on handling of-accumulated copper stocks atj
the'end of the war.'
Mr. Beatty-added that the only conservative
assumption is that for sometime there may be only-a limited outlet
15 cents per
July 1, 1942.
•>% " ■ ,
1232.
p.
■
Roan Antelope
newly-mined copper,
• r
The last-payment made-on the American-shares was
share on Jan.i28, 1943, which was the same as paid on
160,
11,563
$10,224,918 $10,014,101 $10,730,510
173,288
110,384,
336,271
assets of
^Period End. Nov. 30—'
•
income
for
net
'
of normal depreciation - amounted to
tax provision- was $7,951,800.
SOn;
1,023,662 shares of common stock outstanding.—V. 160. p. £335.
facilities- in
Federal
emergency
83.357,680" and
excess
to .$95.83 %ach
equal
1944,
with total
$10,718,947
98,245
V—
post-war
and
manifolds
Value—
$9,915,856
-rehabilitation-
reports total net assets of $18,800,198 as of Nov. 30,
on its; outstanding shares.
This compares
$16,305,588, or $87.10 a share, a .year before,
The company
y
for
Est.. Fed.'normal:And
$3,078,166
.
share on common— v
$2.81
Federal income and excess profits taxes
per
$10,097,364
.......
■
Brook.'
By Sept. 22, 1943,
eliminated and the company says it
been
.
c—
etc.:»
Reserve
holdings of the remaining
the Scranton-Spring Brook RR.—V. 160, p. 51.
company,,
facil. $14,387,646
:»,_2
had
1942
-
$10,470,592 $10,297,012 $11,040,839
381,156
321,892
373,228
.3
income.
iriqome
Interest,
.*
would re-
Scranton-Spring
of
subsidiaries
Co.' and Sawyer
'1933
1944
,
127,546
operating
Total
expects to sell at. public auction real estate
$15,411,287 $5,557,488
*2*927,091
1888,357
$2.66
$0.67
•Alter
of $9,373,900 and
special five-year amortization of war facilities amounting to $3,110,296,
over and above normal depreciation on these facilities.
tProvision for
Federal income and excess profits taxes amounted to $2,329,500, while
a
charge of $2,339,631
was made
for special amortization of the
company's emergency facilities.
tProvisions for special amortization of,
amortization: of
Net
the
of
62
.
,
.
subsidiaries
inactive
1942
1943
is
Smith Corp.—Earnings—
Quarter Ended Oct. 31—,
Net
'would
$6 preferred
■
•-
of Scranton-Spring Brook
share
where
was
company
Other income
'
12 200.000
.1944
...-
the
and
Depreciation & amort, of prop.„„_>
"'Cfiive.>l-17.13-4;shMe^ofipewrcommph/stock,,,
.s
».'j *1
Federal would surrender-its interest in ^Pennsylvania' and $cr#ntpiiSpring Brook, consisting of- $91,500 in- Pennsylvania indebtedness^JJOO
shares of Pennsylvania'sr $6 preferred stock,
123,000 shares of Penn¬
sylvania's common stock,. $1,446,502 in Scranton-Spring Brook indebtedness
and 16;033 shares of Scranton-Spring Brook $6 preferred in
exchange for 45,518 shares of new common stock.
The exchanges would result in the following distribution
of new
.common stock:
54.956% to holders of $6 preferred, 14.432% to holders
of $5 preferred and. 30.612%J to Federal.
;<•<• ,
>,%'.■•<'
The. plan also provides for. the issuance of $25,000,000 of new 3%%
v
30-year first mortgage bonds and $10,000,000 of 4 % % 20-year deben¬
tures to retire $34,985,105 in four series of outstanding bonds.
On Feb:
10, 1943, Federal was* ordered by the SEC to eliminate 63
246,568
Depreciation
Prov.
for. contingencies
shares.
two
Each-$5-preferred
(3)
The well
oil.
sweet
finished
Operating.,, income.
Scfa'ptqnrSprihg Brook.- v J> ;
of Pennsylvania's
shares
824
-of: the
v," ''(2 j Each
>
of war fa¬
amort,
Int.,
•
shares of new stock.
two
receive
of
(Including results of wholly-owned subs.—Smith Meter
Electrical Mfg. Co.)
authorize 200,000
148,693 shares to
outstanding-securities:
' .
;
Each of the 40,034 publicly held shares of $6 preferred would
($50
new
center
the Sinclair company has recently brought in a well
the Lakota Sand, flowing 1,500 barrels a day of high
in
feet
(A. O.)
-
exchange the following
1941
$16,081,661 $14,393,969
,
%
•
the Securities
with
12
Dec.
Scranton-Spring Brook would
par) common stock and issue
plan,
the
of
shares
160,
15,161,294,, 17^30,840^^16,571,459^^4,607,342
' 11)9,080,"V1 •• «<""»**'* r''P$$feT. 7. 822,883
'" 1,56,'714"
<,c
Total, income
Miscellaneous, charges..;
filed
Corp,
Gas
&
recapitalization of ScrantonBrook (Pa:;) ;Water Service "Co., and for elimination of the
'"Under
with
.1942
1944
-
alter expenses-
Profit
Inc.—Earnings—
1943
$14,244,030 $15,19.'«666
30^—
Co.—Plan to
Service
Water
Brook
-'..fennsylyania Water Service Co., parent of
i
9 Mos. End -Sept.
1944—11 Mos.—1943
Exchange Commission a plan for the
and
$73$;725,
cents a
88
or
i3uq.,
p.
net income "was
share, as compared
share for the third quarter of 1943.—V.
,', .% %
:
after
$410,547,
$0.83
Spring
For the tjitee months ended Sept. 30. 1944.
taxes and
charges, equal to $1.58 a
/,,
•
■'
Water
Federal
The
stock.
465.000 shares of capital
•On
"$385,170
$1.74
$1,369,230
$2.94
$1,695,168
$3.64
i_
share
com.,
per
$810,115
■
$1,522,414 $18,006,390 $16,955,794
$1,558,450
250 feet In producing
a
10,700-^acre block.
already
i®
the
near
-large
a
.
drilled to test the Sundance formaof oil were encountered the well
now starting
another well to go
deeper to the Sundance sand.
In a 24-hour test of-the Crook's Gap
well, production steadily increased in eight-hour periods;
The company is building a pipe line from Crook's Gap to Lost
Soldier. 20 miles southeast,where a line already connects the WertzLost Soldier production with the refinery at Sinclair.
Extension of
this line to Sand Draw is planned.—V. 160, p. 2548.
gravity
2335.
p.
SEC—,
1941
1942
1943
1944
"1944-o-Month—1943
1.
■
160,
oil
-tiony but when substantial quantities
$0.07
-
Period End. Nov. 30-—'
—V.
to
12,500 acres
on
$50,442
1531.
p.
located
is
well
voiume ;of gas was encountered.
This-discovery lies :about 30 miles northwest of Crook's Gap,
was
160.
.which
Wyoming,
County,
The
addition
at 5,250
shares.
share on 670,860
per
Sales
Reo Motors, Inc.—Earnings—
9 Mos. End. Sept. 30—
42,069
.._.;,.J_**%__
1
(The) Schiff Co.- -November Sales Rose 2.37%—
$1,774,573
1,831,393
profit■
Earn,
1944—6 Mos.—1943
$2,600,356
No. of com; shares.....
$92,511
*__*
taxes..
income
—V.
Remington Rand, Inc.—Earnings—
.1944—3 Mos.—1943
,In
$3.77
-
'
.Earnings
Period End, Sept. 30—
charges
after
for
Provision
sand.
Sept, 30. 1944
Earnings for Quarter Ended
.
$878,616
after
pro! it
Frcemont
Savage Arms Corp.—Earnings—
-
End. 9 Mos. End.
Sept. 30, '44
Quar. Ended 6 Mos.
.
P.ericd—
Net
-
'
2653
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4343
160
The; covpouacion
Oil
'Co.bhasriffarst
oitiiDec -'. 13 announced that the Sinclair Wyoming
brdtight • in a well in the Sand Draw
area of
•as
in
-
'>/1 fv"'
value of other
$3,236,797 in 1943.
<-,£ sc^t
1944 and
$26,078,469
$25,711,4t4
investments was $3,562,075
100,635
80,599
120,874
Taxes
$2,180
.
—;
_
& divs
deprec.
Surplus
—V.
$808
—_
_
160,
$288,744
96,791
72,065
119,080
$304,288
Oper. & maint.
1944—2 Mos.—1943
$608,860
$577,306
1944—Month—1943
earnings
Springfield Street Railway Co.
Ended Nov. 30
Two Months
for Month and
Earnings
Period End. Nov. 30—
Gross
Int.,
196,344
164,310
241,638
189,357
147,536
238,210
$6,568
$2,203
profit
160.
La.—Issues Booklet
interest.
Operating
revenues
Fed.
&
Fed.
Cost, selling,
Net
Income
credits
Net income
taxes
252,112
119,850
240,799
26,920
341,485
192,930
313,092
65,000
144,300
.u-—-
144,300
—
$471,219
"$568,784
$666,136
40
263
900
$471,259
$569,047
187,940
Gross income
deductions
Income
352,234
$667,038
301,767
Balance
$792,932
464,658
—_
income
Net
—V.
—V.
160,
160,
♦Net
.
'
Gross
—V.
160,
'
6,368,839
—
$
'
'
after
income
per
1942
$244,094
216,893
$0.53
charges
and
shares
After
$0.50
$0.46
*On
is not
$0.84
.___
'
■
;
$"
Operating
revenues
oper.
*
—V.
$1,270,973
200,118
176,087
earnings.._;___"__
$1,393,417
$1,618,957
92,534
$1,094,886
83,737
$100,000
191,000
125,000
Consolidated
1943
$451,471
1942
$411,063
$1.82
$1.93
$1.76
3,550,418
1,665,789
Operating
taxes
1,667,508
1,356,710
12,891,050
revenues..
7,674,843
expenses
employees'
1941
$591,202
;
for
___
income....
oper.
Ner income
—V.
15,914,817
12,726,397
16,016,313
13,147,899
2336.
160, p.
Common
—V.
There
have
called
been
for
$34,000
of first mortgage 3%%
bonds, series A, due Dec. 1, 1969, at 104%
and interest.
Payment will be made at thef City National Bank &
Trust Co., trustee, 208 So. La Salle St., Chicago, 111.—V. 159, p. 643.
redemption
30,
Dec.
on
next,
$5,451,826
$417,919
n, ■
■-V-
.
Net
$4,612,898
shares
per
possible
order.
it
reasons
is
Sun-Glo
it
159,
p.
position
of
Dec.
on
by
7
cordance
Doroshaw Ackerman
Kleinman
the
and
stores
J.
Doroshaw
M.
directors
the
of
S. Ackerman resigned as officers "and
and J. Y, Levinson and Ben R.
respectively, of Sterling, Inc., and Carl
J.
and
Sun-Glow
Schwier.
Vice-Presideni^,of the company,
151,
1737.
p.
Net
were
'
,
'
elected directors of Sun-
;'*
■'
•
Sept. 30—
to
$1,066,600
profit
Earns,
share.
com.
per
.1942
.
$635,525
$0.29
.
$0.32
v
1941
$623,486
$0.29
.
.
$599,098
$0.27
depreciation, Federal taxes, etc.—V. 160, p. 1902.
Co.—Not
Holding
a
The
to
Dec.
SEC
be
holding
a
\pany
The
5
cease
Commission
continue
conditionally
company
shall
effective
be
,
only
ruled,
if
that the registration shall cease to
the Commission's outstanding orders
nowever,
certain
until
effect
in
ceased
com-'
the company has
that
found
that its registration as a holding
and
to exist.
of
with
complied
subsequently
or
modified
or
revoked.
conditions
These
in
Southwestern
that
are
shall
dispose
of
its interest
certain
properties in east-central Texas; the reservation of jurisdic¬
whether Southwestern may retain certain water and ice
properties in Oklahoma and Kansas; restricting the payment of com¬
mon
stock
dividends unless provision has been made for a sinking
fund for retirement of Southwestern'? preferred stock, and the con¬
tion
to
as
dition
Southwestern
that
acouired
in
books of
the
1942
Jurisdiction
dends
was
shall be
charge
without
released
Southwestern's
on
the
amortize
the net
over
value
of
excess
such
of
cost
of
properties
properties carried
the
on
sellers.
made
by
the
on
restriction
common
stock
Southwestern
the
on
and
the
payment of divi¬
condition
that
no
its
to
capital surplus account
approval of the Commission.—V. 160, p. 1232,
'
(A. G.) Spalding & Bros., Inc.—Plans Stock Changes—
The
stockholders
Feb.
on
1945,
20,
will vote
on
proposals
to change
Co.—Earnings—
Ended Sept. 30—
9 Months
—V.
:
earned
$129,227;
/"
;
__
surplus at
___
Operating profit
Other
t~
___.
income
Total
profit
$488,882
will
consider
stock, from
common
holders of
day,
same
also
stockholders
the
5Vr
proposal
a
500,000
to
debentures
to
750,000
will
be
increase
shares.
asked
to
debentures
will
beginning with
become
effective
that date.—V.
160,
in
event
any
in
the
113,276
113,276
$4.32
—V.
160,
to
year
order
—V.
160, p.
1944—Month—1943
sales_______
$4,104,296
♦Net
profit
tEarnings per common
ICC
$31,004,336 $26,217,711
2115.
United
on
28
Railways into
approved
the
160,
Sprague Warner-Kenny Corp.
Earnings,
Period
of
merger
the Spokane.—V.
Ended
(&
the
properties
160,
p.
the.
160,-p.
19-14
profits
excess
$15,274
Sept. 30—
♦After
shares
I,',:
share.——$1.43,
depreciation,
of
'
per
com.
-
of
1st
mortgage 4%
the
tion
of
the
First
p.
redemption
on
April
bonds, series A, due April 1,
sinking fund,
Portland
for
at
National
1671.
104
and
Bank,
int.
1,
1945,
$30,000
1956, through opera¬
will be made at
Payment
trustee,
Portland,
Me.—V.
tOn 296,300
472.-
p.
•?;••.
■
1944
$62,399,162
30—
4,076,551
46,390,419
3,402,764
31,705,551
2,558,982
$9,892,380
$9,195,479
$8,822,258
845,688
755,701
183,867
$10,738,068
$9,951,180
$9,006,125
Selling, admin, and gen. expenses..
profit
Operating
_____
.
Other income _1_.
income
Total
and inter,
Develop,
Canadian
for
% 1943
1942
$58,988,662 $43,086,792
products sold:—48,230,231
Cost, of
♦Federal
income
provision
exps,,
exchange,
taxes
Reinstatement--of
res.
etc..-
and
341,470
383,196
551.669
8,619,338
8,051,452
7,336,344
,
conting.
for invest/in
_
Cr345,802
$1,777,260 ' $1,516,532
299,737
£98,419
$5.37.
$4.75
$1,463 915
295,490
$4.61
Thompson Aircraft Prod. Co.___„
profit
—'
.
Earnings
per
♦Subject
for
to
1943
1942
1941
$715,652
$639,554
charges
9 Months Ended
Net
income
Earnings
414,649
412,583
418,025
$1.72
415,760
$1.67
$1.98
share
$1.61
and State and Federal taxes.—V.
after
per
Sept. 30—
charges and taxes
common
160, p,
771.
160.
p.
1944
$749,891
.
share
$0.71
1943
,*$696,683
Nil
1233.
160,
Terre Haute Malleable & Mfg.
Earnings for Nine
Net
income
Earnings
—V.
,
adjustment
contingencies is
upon
intended
to
final
cover
159.
after
per
p.
common
234S.
Months
charges and
share
Sept.
30,
months
change
,
of
1944
•
..
transactions.
Consolidated
Balance
$59,451
' *'
Sheet
Sept.
Aircraft:
30,
1944
Co.)
(less reserves
inventories, $7,729,511; investment in capital
stock of subsidiary not consolidated, $905,444; sundry receivables, ad¬
vances,
etc.. $279,832; post-war refund of excess profits taxes, est.,
$1,536,597; other investments, $13,001; land, $743,426; buildings and
equipment (less reserves for depreciation of $3,266,568), $3,038,268;
emergency
facilities
(less reserves for amortization of $1,467.9031,
$1,490,88i; patents and licenses (at cost, less amortization),'$77,030;
prepaid insurance, royalties, etc., $652,158; total, $29,844,934.
of
(Exclusive
Thompson
Products
Assets—Cash, $5,694,872; notes and accounts receivable
$152.4991,
come)
1944
taxes_____
_
amortization for the first
Notes^n(l) Provision for depreciation and
$7,685,914;
payable
to
banks,
$450,000;
accounts
payeble,
trade, payrolls, and miscellaneous (incl. $546,823 payable to unconsoli¬
dated subsidiary), $3,430,696; accrued taxes (Other than taxes on in¬
Corp.—Earnings-
Ended
determination.
tThe provision
possible charges resulting from
renegotiation.
$829,446
1944
(no par)__
share
amounted to $.666,506; 1943. .$742,668, and 1942,
.,"/(•
V'r
'
i
(2) ,The .net. profit for 1S42 shown above includes $199,812 for the
consolidated Canadian subsidiaries after a. charge of $142,994 for* ex¬
20 Weeks
e
called
State income 'taxes.
and
160,
sales
Liabilities—Notes
has
Federal
stock,—V,
common
9 Mos. Ended Sept.
Net
of
♦Loss.—V.
company
569,363
$1.92
424,454
•
Thompson Products, Inc.—Earnings—
9
Springfield City Water Co.—Bonds Called—
The
1942
$9,222,852
176.782
$0.59
1943
1944
^
profit
tEariiings per
(net)
*
Talon, Ine.^—Earnings—
$4,934,594 $22,423,804
252,832
60,058
_
1532.
1335.
♦ $670,617
•shares
Subs.)—Earnings18,
to
number of com.
♦After
_—j.
earnings
—V.
profit.—V.
profit
Earns,
4 Weeks
Sales
Net
and provision for Federal income and
85,000 shares of capital, stock.
^Excludes
Sylvania Industrial Corp.—Eafnihgs-
Outstg.
of
'
-
$11,379,909 $11,369,360
♦Net
$352,141
.♦Net
2548.
p.
Nov.
$1.58
share..—__
$85,232
$1.00
charges
tOn
9 Mos. End. Sept. 30— : K:
Nov.
$111,030
$1.30
#$134,738
—
_________
1942
1944—11 Mos.—1943
$2,658,200
.
miscellaneous,
Shares of common stock
1943
1944
Ended Sept. 3C—
non-recurring
Spokane, Portland & Seattle Railway—Merger—
The
excess
Sweets Co. of America, Inc.—Earnings—
9 Months
taxes.
Spiegel, Inc.—November Sales Increased 54.4%—Period End. Nov. 30—
1941:
(John R.) Thompson Co. (& Subs.)—Earnings—
Net
♦After
Mail
30,
receivable,
,
payable
and
9 Months Ended
.1335.
p.
2548.
p.
and
surtax
income,
Sept.
accounts
Sales
$4.02
profits Haxes, State
income, capital stock tax and post-war adjustments and contingencies.
Federal
♦Includes
Sheet
Balance
other assets, $576,463;
banks,■ $8,100,000; accounts payable,
$1,974,984; accrued liabilities, $1,514,474; Federal taxes on income and current contingencies, est. (less
U.
S.
Treasury
notes,
tax
series,
$3,699,184),
$1,897,718;
reserve
for.general contingencies, $844,133 capital stock (250 shares, no par),
$905,444; earned surplus, $1,009,024; total, $16,245,777.—V. 160, p. 1119.
the
consent
fiscal
shares-:
amortization for 1944 amounted
the
On
a
change in the indenture to provide that if all the preferred stock
has not been retired by Nov. 1, 1949, the clause relating to retirement
of
common
.
44,399
$546,779
$1,009,024
30
•.
$7,178,331;
$4,468,650;
traue,. payrolls,
$455,094
$2.45
___
Earnings per share...
of
44,909
•
$2,265,094
1.810,000
1,621,825
_
__
No.
108,615
113,276
____!
;
2,220,185
$5,309,157
4,820,275
$1,900,102
.
etc.
tax.
v
Sept.
(Excluding Thompson Aircraft Products Co.)
$278,277
income
♦Federal
Net
64,183
;
$502,380
$3,331,347;
inven¬
fixed assets (not inch prop¬
erty, plant and equipment owned by Defense Plant Corp. and leased
to
the
company),
$424,474;
deferred
charges,
$266,512;
total,
$16,245,777.
■
1
v; '•
/
.
tories,
*
1942
$10,472,457,
5,200,542
1,835,919
3,937,309
225,000)
1
511,093
$202,106.
1943,
^
.
1944
1943
$13,479,638 $21,182,741
Ended Sept. 30—
sales
name
The
:
%
Superior Steel Corp.—Earnings—
9 Months
Net
170,100
180.699
4,343,000)
est.
surplus.—
■
Secondary
—
2548.
p.
value of $50 instead of ho par,
authorized
11,206'.
Offering—The Union
Securities Corp. and the Mellon Securities Corp. offered
after the close of the market Dec. 13, as a secondary dis¬
tribution, a block of 96,000 shares of capital stock (no
par) at $24% per share with a concession of 50 cents a
share to dealers. The issue was oversubscribed.—V. 160,
the
of the first preferred stock to preferred stock, to
give it a
to increase the dividend rate from
$2.25, reduce the number of shares to be retired before dividends
can
be paid on the common stock and to make each share of
pre¬
ferred exchangeable for four shares of common up to Nov.
1, 1949.
/•
159. p. 2238.
Superheater Co.
par
$2 to
<
69,376"
receipts
current conting.,
(
:
1942
$830,059
9,223
1943
$499,135
1944
$586,430
Estimated net mine income...
Miscellaneous
365,745
$497,931
earned
.
■
,
653,759
t
_■«__«
and
Note-MProvision for depreciation and
;
719,483
—____—
general contingencies
Assets—Cash.
1943
1944
__T_.
profit
Total
Inc., and now constitute the hew board of directors.—
Industris,
Glow
V.
agreements
income
on
for
37,913,976
401,362
Inc. in ac¬
covering royalties
expense
Previous
company,
Ross, President and Treasurer,
417,880
39,223,160
expenses..
Products,
"expenses
taxes
180,809
139,502
336.698
with
management
Provision
Fed.
1943
1944
$45,804,349 $43,763,822
__
sold__
Liabilities—Notes
Service
$0.80
$45,943,851 $43,944,631
Thompson
of
of New York, operators' of a chain of retail furniture
in the East.
Simultaneously with the transactions, E. I. Klein-
♦After depletion,
Public
476,388
$0.98
__*________
administrative
and
Interest
Inc.,
Sunshine Mining
Southwestern
575,000
$0.86
____.
products
General
;
.
Other
Sterling,
♦Net
Company—
600,000
share
__.
income
of industrial operators that control of this corporation—one of
furniture manufacturers in the country—was sold to
'
possible.
as
424,200
$452,024
...
income
Cost
486.
Industries, Inc.—New Control-
announced
was
9 Mos. End.
to arrange companies in exact alphabetical
However, they are always as near alphabetical
799,800
$535,623
:
the largest maple
always
not
536,500
taxes-
outstanding—....
common
sales
Other
■'
.
/
Inc.. below.—V.
Industries,
93,661
$531,180
and State inc.
9 Months Ended Sept. 30—
1944—11 Mos.—1943
Sunray Oil Corp.—Earnings—
mechanical
92,000
160, p.'2336.
■
NOTE-—For
trust..
welfare
Thompson Aircraft Products Co.- -Earnings—
Sales—
1944—Month—1943
$712,006
Sun-Glow
man,
Co.—Partial Redemption
Southwestern Light & Power
contingencies....
profit
Earnings
$2.53
Sterling, Inc.—Acquisition—
group
Net
operations-
160, p. 872.?
stock.—V.
160,'p. 2190.-:
See
124,334,969 113,639,919
75,782,570 , 71,826,116
32,536,086
25,898,986
11,758,067
7,408,815
2,681,744
1,394,740
Operating
net
for
Prov. for Fed.
1944
234,000 shares of common
/
1942
.'1943
1944
$1,819,075
from
depreciation.-.^
Charges
Operating
T
-
315,255
for
Total
$
11,783,910 124,566,446 113,932,117
25,843
231,477
292,198
12,906,854
15,804
___
rev._
$
$
'
(& Subs.)—Earnings—
Sept. 30—
earns,
Reserve
160,
v
$426,877
sales
Net
Co.—Earnings—
1944—Month—1943
1944—10 Mos.—1943'
146,836
$1,708,672
net
Res.
profits taxes.—V.
excess
any
■
share
com,
per
Period End. Nov. 30—
Southwestern Bell Telephone
$307,773
______
Prov.
'
Period End. Oct. 31—
$485,347
154,186
shares
common
9 Months Ended
Consol,
taxes.
subject to
Sterchi Bros. Stores, Inc.—November
1232.
p.
,323,564
taxes__^_
283,377
160. p. 2239.
Net
1943
$389,118
._
79,025
-
profit
"of
194,469
228,939
(net)
Interest and amortization, etc..____
$350,067
263,145
share
charges and Federal
•'
♦Earns,
1944
$423,905
income
Number
—V.
-Earnings.1944
outstanding-
Net income
taxes__________
share________
common
,-On 849,928 shares.—V. 160,
Uncollectible
Net
29,142
$785,619
deductions
Federal
'
Ended Sept. 30—
•Earning?
1943
$243,748
216,893
$0.53
Seal Corp.
9 Mos. End. Sept. 30—
Net
$1.31
!__■!_
Steel Products Engineering Co.—Earnings—
Southland Royalty Co.—Earnings—
9 Months
$1.96
profit
1335.
p.
7,008,331 322,807,877 308,319,807
2548.
p.
$1.79
Sept. 30—
Note—Company
1943:
'
.$
'
1944
$
$
earnings
*
—Jan. 1 to Dec. 7
1943
1944
Feriod—
*
'
income
Non-recurring deductions
•
37,407
$1,116,875
•
1532.
tEarnings per common
-
—Week End. Dec. 7
675,000
1,079,468
_______
income
Total
1943
$9,052,287
756,477
$9,849,540
_______
Operating profit
3,324,714
675,000
share—
per common
p.
Common
Ry—Gross Earnings—
5,860,356
675,000
'
,1944
Sept. 30—
Thermoid Co.
2548.
p.
Southern
6,329,176
Standard Cap &
$328,274
$365,269
$216,813
$283,319
_______
9 Months Ended
Other
1,500,000
—____
1335.
160, p.
Net' sales.
4,824,714
6,329,176
loss.
income—
of
6,860,356
1,000,000.
%
period-
dividends
9 Months Ended
Net income
%
Income
$791,932
1,000
income
Other
j
future inven.
for poss.
Preferred
operating income
9,580,000
taxes)
tax_J___
for
income
Aprop.
196,430
196,430
inc.
not disclosed.—V,
was
Thatcher Manufacturing Co.- -Earnings—
'15,891,959 M0,789,367
j 3,586,940 : 3,574,234
) 5:444,664 I, 2,390,418
15.909,176
__________
profits
exc.
price
16,189,119
11,216,553
;
297,160.. *; 427,186
,
'
2444.
Harry Butterworth, President of H. H. Butterworth & Sons Co., of
Philadelphia, Pa., announces that his company has purchased the plant
of the Textile Finishing Machinery Co., Providence, R. I.
• *)
Mr. Butterworth said the Providence plant will continue in opera¬
tion as
a
division
of
the Butterworth organization. .
The purchase
'''
15,564,571'' 10,788,734
624,547
•
427,819
15,326,037
944,535
361,396
Federal normal & foreign
Net
taxes.
-1943
1944,
Plant Sold—•
1942
$ '.*•
16,270,572
Fed.
-
;
__
the
for
Textile-Finishing Machinery Co., Providence, R. I.—
129,226,376
__________
180,088
——
p.
1943
___________
charges
300,000
inc.
Co.,
103,385,317
155,406,906 113,661,804 > 92,596,584
■---
264,784
Chgs. in lieu of income
and exc. profits taxes
Net
exp.__.
_____
income
Income
1,012,215.
adm., etc.,
292,866
State
Manhattan
'
170,732.943
____
profit from operations
profits tax_
excess
the
of
1944
_
138,045
taxes
General
1,
Bank
Sept. 30—
sales
Gross
1,134,015
due Jan.
the
at
Inc.—Earnings—
225,000
res._
series A,
made
,
$26,458,117
$2.43
depletion, amortization, and after
depreciation,
and excess profits
for
1942
M944 .
1943
! $38,884,491 $29,110,467
$3.46
$2.67
,
and 1942 periods are after a
charge to income of $4,000,000 in 1944 and $8,000,000 in 1943 and 1942
set
aside as
a
reserve
for
contingencies due to the war.—V. 160,
next, $7,900 of
1946, at 100 and
1,
Jan.
on
$
1944—12 Mos.—1943
$3,036,516 $2,858,757
763,387
be
218,672
__
Approp. for retire.
redemption
bonds,
will
217,866
Maintenance
for
(Including Domestic Subsidiaries)
Co.—Earnings—-
854,247
Operation
mortgage
Payment
9 Months Ended
Net
charges
Note—Earnings
trustee, 40 Wall St., New York, N. Y—V. 157, p. 2312.
_
Chris L.
Louis* J, Cross, C. G. Muench. W. K.
De Pass Jr„ J. J. Munson (President), John Irwin, J. H. Riley and
Raphael Ross.
Besides Mr. Munson, the other officers of the company
are;
H.
Minderman, Vice-President and Secretary: S. J. Menard,
Treasurer: O. S. Mansell, Assistant Treasurer, and Philip Berbert and
J. M. Ei-ickson, Assistant Secretaries.—V. 160, p. 52.
1944—9 Mos.—1943
$2,278,266
$2,159,366
♦After
Subsidiaries)
European
Sept. 30—
profit
Earnings per common share_
called
Standard Brands,
(Vice-Chairman),
Southern Colorado Power
9 Months Ended
♦Net
1334
p.
has
company
successor
whose divisions are located at Houma, Mathews,
Fnanklin and Montegut, La., has issued a 24-page illustrated booklet
which tells the story of Louisiana sugar from plantation to refinery,
Period End. Sept. 30—
(Excluding
$23,510
$33,584
providing for Federal income
company,
especially the manufacture of White Gold Pure Sugar.
of the company are:
Bror Dahlberg (Chairman),
*$3,823
Standard Bleachery & Printing Co.- -Partial RedempThe
Directors
1944—9 Mos.—1943
tion—
15-year 5V2%
Chrislensen
$7,519
.
♦Loss.—V.
(& Subs.)—Earnings—
Texas Co.
Earnings—
1944—3 Mos.—1943
Period End. Sept. 30—
Net
2548.
p.
(The) South Coast Corp., Ilouma,
This
and
Monday, December 18, -1944
THE COMMERCIAL & FINANCIAL CHRONICLE
2654
$0.81
and
sundry
items,
$1,888,635;
taxes
income
on
and
current
contingencies, est.
(less U. S. Treasury notes, tax series, purchased and
held
of Federal* taxes on
489;
for payment
long
term
debt,
$2,250,000;
income,
reserves
for
$8,259,341), $3,030,general contingencies,
of
'
Volume
$1,585,474;-reserve -for
$100), $4,500,earned surplus,
Tide Water Power Co.—Amends
The
plan
filed
has
company
its
with
summarized
Financing Plan-r
amendment with the SEC in connection
Transactions as now proposed are
an
The
plan,
moitgage 5%
unpaid dividends thereon, aggregating $38 per
and that General Gas & Electric Corp. shall
receive 3,461 shares of such new common stock for its present hold¬
ings of, all the outstanding common stock.
It is.further proposed, in conjunction with said plan, to restate the
plant and property of the company on the basis of estimated original
cost thereof, to adjust the reserve for • retirements (depreciation), to
eliminate by charges to eained surplus certain deferred items, includ¬
ing abandond railway property, appraisal expenses and unamortized
debt discount and expense, to eliminate the resulting earned surplus
deficit by a charge to capital surplus and to transfer the remaining
capital surplus to the stated value of the new common stock.
The
plan also proposes that the new first mortgage bonds and
Sinking fund debentures are to be issued and sold through competitive
bidding.
(.
..."
For the purpose of carrying into effect the provisions of the plan,
the company proposes to effect a merger with Cape Fear Power Corp.,
a
wholly-owned subsidiary organized for the purpose;
The agreementprovides that the subsidiary shall be merged into the company, which
shall continue as the surviving corporation,
The agreement further
share
June
at
30,
1944,
the present outstanding $6 preferred stock and common
stock of the company shall be exchanged for new common stock on
the basis described above,
The shares of capital stock of the sub¬
provides that
consummation of the merger.
The
agreement of merger is proposed to be submitted to the stockholders
of
the
company
at a special meeting of stockholders called to be
held on Dec. 23, 1944.-MT. 160, p. 1672.
,o
:
sidiary
canceled
be
to
are
operation
—V.
,
Van
Net
1943
$1,422,032
$1,197,921
86,518
"sales
tProfit
after
Federal
Net
Earnings
40,998
15,365
160.
shares
—j.—_
share—-,,————
tlncludes
requirements.
dividend
taxes.
,
3 Mos. End.
■"Net
$40,298,517 $41,965,511 $38,660,047
,
Expenses, etc.
39,077,613
39,957,115
$2,008,396
upon
Fed.
Federal
before
&
income
Net
511,211
$668,199
$1,497,185
■"Earnings
taxes
$408,795
—
fDoes not include
stock.
common
a
Operation
outstand-
Common shs.
Earns,
per
■"Aftef
taxes,
1941
$4,252,148
1,197,140
1,196,772
1,196,373
$5,045,658
1,196,373
$2.89
.
share-
com.
'
1942
$3,873,089
$2.32
profit—_i_
Federal
depletion,
depreciation,
v\
etc;
1943.
income
•
Federal'
*
excess
Executive Vice President and a director of
Inc., and Group Securities, Inc., has been
director.—V. T60, p. 2116.
elected
a
Group,
Int.
The directors
the
no
dividend of $1.20 per share on
a
value, payable Dec. 23 to holders of record
with $1 paid on Aug. 10, last, $3 on Dec. 24,
par
This- compares
19.
declared
11
Dec.
on
capital stock,
Dec.
1943, and 50 cents on March 10,
v
1943.—V. 160, p. 1234.
trust
The
agreement
Century- Depositor
20th
dated as of March 1, 1932, by and between
Corp. and City Bank Farmers Trust Co.,
1936, and the trust property
by the trustee thereunder having been liquidated, it is announced
said trustee holds moneys payable with respect to unpresented
Century Fixed - Trust shares, series B, which have not been
trustee, having been terminated June 18.
held
that
20th
claimed..
■"After
per share.
Net profit after chgs. &
■
y
•
Net
160.
.
;
9
Net
Months
after
—-L.—112,351
Total
93,039
$5,560,989
418,500
$5,793,985
436,405
3,611,352
3,971,881
income
Depreciation
Federal
_———~
———
—————
provision—
tax
profit
third
the
$1,531,137
$2.09
—
per
$1,954,000
H. W.
rial
$2,003,800
1,484,500
•_
29,000
$374,500
cludes
Notes
$1.59
share—,
to
to
to
000
—
To Retire
of
&%%
Boardr
the
Dec.
13 an¬
Net
f
Union Street
*
profits-after chgs.
carried.
Net
Rev. Tare-pass,
—V.
160,
1335.
p.
All
the
of
; 1944—9 Mos.—1-943
••
;
.
-
•
5%'
first
20-year
mortgage
have been called for-redemption oil
Payment will be made at The
V.
159,
General
sinking
fund
'
Earnings
Net
profit
after
•'Excludes
arising
to
and
of
taxes—*
subsidiary
sale
of
subsidiary
$550,070.—V. 160, p.
.
G.
Baumhogger,
—————
*$113,106
1781.
on
9
announced
that
*On
New
York,
N.
Y.—V.
160, p.
1903.
,
3,680,000
4,971,000
$818,017
$1.64
$1 ,090,632
—_
deducts/of
etc.,
Interest,-
90,939
1,086,991
1,035,677
$411,884
$3,728,755
$4,031,159
3,090
36,469
51,089
$389,563
*297,209
$414,974
$3,765,224
*1,141,603
$4,082,288
500,000
shares of capital stock,
$2.18
tlncludes provision for renegofor post-war adjust159, p. 2239; V. 160,
deducting a reserve of $500,000
of inventories ancl other contingencies.—V.
iAfter
1336..
$341,891 $2,323,621 $3,193,010
for period—— .
622,518
622,513
amortization of electric plant ac¬
$92,354
—
applic. to preferred stock
representing
$184,420
quisition adjustments applicable to'the
for' amortization of electric
Inc.—Earnings—
Universal Laboratories,
9 Months
■"Net
1944
$123,366
235,811
SO.37
Ended Sept. 30—
profit
Common
shares, outstandings
Earnings
per
,
common
shares.
!'""After all charges and
taxes
in
amounting
1942.—V.
160.
x.
reserves for
to
$124,500
p.
1445.
in
1943
$112,564
207,391
$0.35
Webster Eisenlohr,
9
207,391
$0.48
after
Federal income and excess profits
$104,000 in 1943, and $12,500
1944;
Net
For
30
1944
1943
manufacturing-
$1,677,783
$1,337,674
955,544
460,000
692.789
273,367
$495,544
409,313
$419,422
409 313
$1.-20
$1.01
income
taxes
of
the
cents
common
common
per
shares—
share—i:—
common
for the
——
erided Sept. 30, 1944. net income was $125,500, cr
share, against $122,749, or 29 cents a share cf
third quarter of 1943.—V. 160, p. 1121.
quarter
a
...
-l,
income
Earnings
p. 2337.
charges——.—,—.—
profit from
Number
order of the
Inc.—Earnings—
Months Ended Sept. 30—
Federal
1942
$138,953
10 months ended Oct. 31, 1944.
plant acquisition adjustments
being made over a period of 15 years pursuant to an
Federal Power Commission dated Sept. 12, 1944.—V'. 160,
is
Gross
889.273
300,000
—;—-
Balance
Divs.
73,083
reservations
Profit
the
New York City,
for a 10-year loan of $3,500,000 at an interest rate of 2l/2, repayable
in
annual instalments.
Mr.
Baumhogger stated that part of the
proceeds of the loan would be used to redeem all the. outstanding
5rv sinking fund bonds due Oct. 1, -1952, which have been called for
redemption on Jan. 8, 1945, at 101 qpd interest.
Payment of the
bonds
will
be
made
at
the
Manufacturers Trust Co.,
trustee, 55
St.,
income
Gross
■"Includes
$671,893
$1.34
(net)-;
income
90,302
:
1942
12,768,787
Sub.)—Earnings—
$399,379
Dr9,816
-
revs!______
net income
$6,061,632
Co.—Sells Oregon Gas—
retirement re¬
approp;
oper.
f 4"Other'
excess
profit —:
tiation.
corporation had arranged with the Bankers Trust Co.,
Broad
&
■"Earnings per common share—..
ment
Dec.
income
$2,088,267.
1944—Month—1943
1944—12 Mos.—-1943
$1,108,623 $1,095,928 $13,219,120 $12,618,794
" 440,362
* 426,026
5,402,647 , 4,926,447
100,783
96,248
j.-,764,280
1,374,162
77,797
70,831
1,236,447
1,197,309
Provision
sold on Sept. 1, 1944. and loss
and marketable securities which
President
eharges___;._'.
and Federal
Net
p.
waiter
1944 - ' 1943
$3,440,680 -t$4,498,017
Ended Sept, 30—
after
profits taxes
.
Sept. 30, 1944
Cigar-Whelan Stores Corp.—Refund Bonds-
United
Net
Steel Corp.-f-Earnings—
Universal-Cyclops
4
Inc.—Earnings—
Nine Months Ended
charges
earnings
from
amounted
for
,
___
taxes
Other
Sales .Manager
9 Months
Profit
—
expenses
serve
New
of
1782.
160. p.
taxes
Miscel.
State
United Chemicals,,
in
revenues
Operating
Federal
Property
Roberts,
*
.
'
Feb. :i, next, at
2679.
p.
'
•
,
formerly Promotion Manager of the American
York City, has been' elected Vice-President and
of'the Trinz Co., Inc., a subsidiary of United
Wallpaper, Inc.—V. 160, p. 1673.
Stewart
Magazine
interest.
and
'
.
Electric Co.—V.
&
Operating
*
$737,472' .
$58-1,520
This includes
Dec. 5 issued an order
on
Period End. Get. 31
increase of
United Wallpaper, Inc.—New V.-P. of Subsidiary—
';
outstanding
series A,
19,692,791
Royal Bank of
Canada, in Montreal, Toronto, Ottawa, Quebec, Winnipeg, Vancouver,
St. John
and Halifax,
Canada, or in St. John's, ■ Newfoundland.—
102%
an
$139,707
$112,769
19,556,123
.
2008.
p.
Ltd.—Bonds Called—
United Amusement Corp.,
bonds,
10,, 1944,
nine over the 165,671 reported on
Aug; Tl.1 On,' Nov. 19, 1943, there were 164,014 common holders*
;; Hoidef'S of the corporation^ preferred stock on Now. 3 totaled 74,836,
an increase of 448 over July 28,
1944, when there were 74,388 holders.
On Oct.; 29, 1943, the number of preferred holders was 72,853.—V. 160,
165,880,
812,903
Working capital was $4,744,141.—
Washington Water Power Co. (&
stockholders of this corporation of record Nov.
The common
-
199,000
842,419
approving the company's applica¬
tion with respect to (1) the proposed sale by Oregon Gas & Electric
Co.
of its electric utility- plant
and certain related assets to West
Oregon Electric Cooperative, Inc., a non-alfilidated cooperative corpo¬
ration, for a consideration of $130,000, and (2> certain transactions
for the purpose of effecting the liquidation and dissolution of Oregon
Gas
numbered
260,808
■;
Washington Gas & Electric
i
United States Steel Corp.—Stockholders Increase—
Railway—Earnings—
1944—3 Mos.—1943
$54,540
$57,447
6,901,967
6,596,097
liabilities were $3,096,602.
2447.
.
1942'
$18,6.98,43G
5,200,000 11,717,003
2.300,207 * 2,040,191
459,508
443,768
Aug. 31, 1944,* were $7,840,743.
and U. S. Government securities-
p.
160,
The SEC
brought out July 1, 1938, was for $45,000,000.
More than a score of banks throughout the country are
Building, Phila¬
$426,098
at
assets
V.
,
until 3 p.m. Dec. 28, 1944, receive bids for the sale
the company as of.Dec. 29, 1944, of general mortgage 4'/2r/f bonds
an amount sufficient to exhaust the5 sum of $17,790,
at prices' not
exceed 102'/a and int.—V. 156, p. 2311.
371,175-,
taxes,
Current
outstanding first mortgage and collateral trust 3% %
participating in this refinancing which will become ef27, 1944.—V. 160, p. 1903.
—m-v-'.
contingencies—^-,
$1,506,058'
of
cash
328,792
—
profit
Current
-
depreciation^..--
for Fed. 8£ State income
Prov.
Subsidiaries).
4,683,682
1,126,065
31-__
profit
for
1
,
1944 '
*
1943
$11,539,973 $17,941,401
Ended Au#. 31—
Uncompleted-; contractsy Aug.
Gross-
of Se- :
Bonds—F. B. \
on
160, p., 672'.
Ce.—Earnings— j'
(Including 'Wholly-Owned
bonds, due July 1,1958, through private sale of $30,000,000 10-year-serial notes at 2 % interest.: The original is¬
sue of the first mortgage and collateral trust 3%% bonds
Pa., will
Period End. Sept. 30—
preferred stock.—V.
8 Mentha
Provision
Chairman
income
Completed cDntsaetrS*.
;
Privately
Jr.,
,
.
share.._—
and Federal
charges
Warren Brotherat
299,932
$1.25
stock.
_
Oct.-21, '44 Oct. 16, '43 Oct. 17, )42
preferred
per
eumulative
$477,100
299,932
'___:
■
$1,018,763 ($1,319,442 • $793,253
$3.98
$5.16 ■ ,. $13,11
and excess profits taxes.
"In¬
tax savings of approximately
$342,000 arising ? from excess
carryaver credits from prior years. ; fOn 255,808 shares Of $7
profits
$319,300
42,200
$403,500
nounced that the company is retiring all of its $29,308,-
company-reported a net, profit of
shifte. .against $524,345, or 72 cents a
1943.—V. 160, p. 671.
'
Schutter, Treasurer,. 1846 Broad Street Station
#
profit
4After
49,800
$1,348,700
shares outstanding.
common
2584.
$
$'
^
Ended—
42 Weeks
*Net
fective Dec.
delphia,
2446,
160, p.
1944—11 Mos.—1943
$
9,439,386 106,747,675 101,241,867
9,567,485
-
This order
2446.
Rose 1.4%—
1944—Month—1943
i Ward Baking Co.—Earnings—
.
10* 753,100
945,200"
;
dividends-
profit, for common
Davis,
Columbus,. Ohio—Tenders Asked—
Union'Depot Co.,
x
—V.
called after the SEC had
to dispose of its transportation facilities,
appealed to the U. S. Supreme Court,—V. 160, p.
Provision-for
1944
quarter of
$575,057, equal to 79 cents a
share, in the third quarter of
:
Charlottesville, who bid $3,150,000,
$
Sales
United States Rubber Co.—Placing $30,000,000
i
,
1943.
if any, due to renegotiation of sales in
for adjustment,
For
———
_———
1943
41,500
T—i___i_——
stock
V. .160, p:
$1,385,699
Earnings per share on 734,300 shares———
$1-89
The report states-that the 1944 income is subject to renegotiation
provisions and that reserves considered adequate have been provided
Net
-
Earnings
1943
$5,700,946
expenses
inebme
Other
8,365,700
$1,307,200
——3——_
income- and excess profits taxes
Number of common
1944
$5,448,638
the
Period End. Nov. 30—
$9,672,900 $12",707,100
—
profit
Net
'
Co.—Earnings—
'*
1
Ended Sept. 30—
•
;
expenses——.
profit.
Preferred-
$0.64
$0.77,.
..
:
Under wood -El liott-Fisher
•*
$0.12
■%.
1335.
p.
:
Net
; t
$0.13
—'
sares"
—V.
T
operating
from operations—,
income' 7 (net)—,
Federal
^: "''-v--9
$364,516 ,$302,684
€72.500'com,
Per sh„on
/.
of Richmond
Walgreen Cu.—November Sales
$938,312
$2.43
1944
profit
Net
$55,358-'
$84,593
taxes
,
Dec. 3 that the company's
and Norfolk, Va., have been
Chicago investment bankers, in com¬
Equitable Securities Corp. of Nashville, on a bid of
announced
President,
systems
Vepco
•tEarnings
1944—9 Mos.—1943
■
bus
Allyn & Co., Inc.,
C.
with
has been
.,*'.»• *■-.
1944—3 Mos.—1943
30—
and
reduction in
taxes representing
and Bus Systems—
(&1 Subs.)—Earnings—
—__
sales
of
Other
Period1 End, Sept.
$4,502,910
1,171,602
'
Cost
v
Twin Coach Co.—Earnings—
■
$5,352,438
1,281,903
——__
Greyhound- Corp., which bid $2,107,000.
Bids on the systems in the two cities were
and. Canadian income and, excess
10n 385,603 shares of capital stock.—V. 160, p. 1336.
6 Months Ended Oct. 31—
Trust shares,
$3,869
$376,859
Federal
United States Plywood Corp.
sales.
$561,424
requirements
and
'
Net
$6,404,898
1,901,987
$3,228,100.
Other bidders were Sam Jessup of
;
M/pon
1936.
$939,942
$2.44
depreciation, and
profits taxes.
-
presentation and-surrender at the office of the trustee, 22
Street, New-York, N. Y., of certificates for 20th Century
series B, with all coupons maturing after Sept. 16,
the trustee will pay the bearers of such certificates the sum of
share
com,
157,370
—
in lieu of Federal income
from refinancing.
and
car
bination
1941
1942
$561,631 "
$1.46
1943
$831,657
$2.1-6
profit
per
234,816
$7,689,918
2,337,480
dividend
to A.
sold
Subs.)—Earnings—
1944
9 Mos. End. Sept. 30—
4Net
$534,229
Holtzclaw,
G.,
street
are
ordered
William
Fixed
and
(
.tEarns.
49,637
$796,241
(net)l
arising
J.
during
stock
purposes
United States Playing Card Co. (&
bution—
2,480
$6,390,699
14,193
Sells Trolley
2ii6."
p.
$7,640,281
amortiz.
&
taxes
.
Shares—Series B Distri¬
Trust
Fixed
Century
20th
tax
$531,749
—
■"Charges
Corp.—Tax
advised this
preferred
2,636,889
$816,827
Dr20,585
Balance
corporation that cash distributions on the
1944 represent a return of capital for
not taxable as ordinary dividends.
Ac¬
cordingly, the company will apply to the Treasury Department for a
ruling to this effect after the close of the year.
•
Distributions of $1 each were made on the $5 cumul. first preferred
stock on March'31, June 30 and Sept, 30 of the current year.—V. 160,
has
Counsel
income
-.
International Securities
&
3,380,006
revenues—
income
Freferred
Ruling Sought—
first
Dividend—
Tobacco & Allied Stocks, Inc.—$1.20
States
United
Anderson,
R.
Distributors
221,665
Balance
.
Herbert
——342,676
oper.
Other
the three
$1,023,408,
Tilo Roofing; Co., Inc.—New Director—
both
2,091,177
taxes
Net
profits
:
■.
6,871,997
5,712,124
549,049
732,752
Charges
Other
months ended Sept. 30, 1944, reported a
of
after takes and charges, equal after pre¬
ferred dividends to 74 cents „a share on common, as compared with
$1,023,408, or 74 cents a share for the corresponding period of 1943.—
V. 160. p. 771.
.
: •
for
Company
net'income
income
387,810
'52,441
;
taxes—'.
$3.88
$3.21
and
321,551
acquis.
adjustments
1944
$3,193,674
End, Sept. 30—
9 Mos.
(& Subs.) —Earnings—
$2,827,355 $42,059,038 $33,060,289
1,094,566
16,505,882 11,989,068
193,343
3,208,717
2,354,115
234,982
3,133,038
2,817,520
343,674
Depreciation
Amort, of plant
1944—12 Mos.—1943
1944—Month—1943
$4,315,329
1,705,407
___
Maintenance
United States Gypsum Co.
■"Net
31—'
Operating revenues
1673.
p.
(& Sub.)—Earnings—
Virginia Electric & Power Co.
Period End. Oct.
loss of
approximately $2,387,000 resulting from the sale, in October, 1942. of
certain of this company's interests in steamship companies.—V. 160,
of
estimated Federal, State and foreign income
excess
ended
$1,065,099 t$l,016,745
$3,55
Nil
$1.36
common share_
per
299,566. shares
share
profits taxes charged against income for the three months
Sept. 30. 1944; amounted
to $2,051,039
as
compared with
$1,905,003 in 1943 and $1,188,665 in 1842.—V. 160. p. 1673.
and
$1,016,745
432,086
259,404
—
profits
excess
1942
$1,335,689
1943
$1,262,574
1944
$1,245,402
Sept. 30—
per
ditions.
423,557
,
■
(& Subs.)—Earnings—
Note—The provision for
taxes-
profit
'"On
lll^Brcadway, New York, N. Y.—V. 160, p. 2584.
capital stock__
$1.83
$1.85
$1.90.
*After providing for taxes, depreciation and other charges, and re¬
serving for undetermined losses attributable to prevailing war con¬
$1,440,302
552,705
___
of 7
cumulative first preferred
called for redemption on March 1, 1945,
dividends at* the Lawyers Trust Co., re¬
shares
and
115
at
profit
Earnings
37,219,745
$1,220,904
—
———:
Depreciation, ordinary, taxes,, etc.—
■
Profit
redeemed
be
Vick Chemical Co.
1942
1943
1944
Ended Sept. 30—
revenues
Inc.—Redemption of 7% Stock—
recently
were
demption agent,
Earnings—
(& Subs.)
United States Freight Co.
$295,223
$2.48
$650,622
$2.71
$498,893
>' $2.08
reserve
outstanding
the
.which
1565.
9 Months
profit
of
■stock,
income-
other
and
charges
Van Raalte Co.,
All
will
Oct. 10, '42 Oct. 11. '41
Oct. 9, '43
$230,749
$0.96
for Federal income and excess profits
tOn the 240,000 shares of common stock.—V. 160, p. 473.
■"After
240,000
$0.05
$0.16
j———
Oct. 7, '44
profit
tEarns. per com. share_
$25,633
$51,832
240,000
——
preferred
p.
Gross
34,686
_
__
-
common
per
■"After
V.
taxes
profit
of
,
charges..
income
Number
_
^
Co.—Earnings—
Norman
40 Weeks Ended—
1944
Quarters Ended Aug. 31—
2584.
160,. p.
■"Net
140 Broadway, New* York, N. Y.
Co,, corporate trustee,
Guaranty Trust
and
accumulated
ing
,
as
called for redemption on Jan. 2, 1945, through
of the sinking fund; $1,000,000' of first mortgage 3%'*
1968 at 100% and interest.
Payment will be made at the
has
company
bonds due
>
-Earnings—
(& Subs.)
United Paperboard Co.
follows:
amended, proposes that all of the outstanding first
bonds due 1979, aggregating $6,065,500, shall, by call
for redemption
at 104; be paid off and retired# from cash in the
treasury and from the proceeds of an interim bank loan in the amount
of $5,500,000, represented by a demand note bearing interest at the
rate
of approximately
1 Va'/f per annum.
Such bank loan is to be
repaid from the proceeds of the issue and sale, for cash, of $4,500,000
of new first mortgage bonds, to mature in 1974,, and of $1,000,000 of
new sinking fund debentures maturing in io years.
_
It is also proposed that all of the outstanding
115,789: shares of
common
stock held by General Gas & Electric Corp. and all of the
outstanding 23,85(3' shares of $6 preferred seock shall be retired, and
canceled and in exchange therefor there shall be issued 98,893 shares
of new common- stock (no par),
The plan further provides that the
holders of the present $6 preferred stock shall receive four shares of
such new common stock fcr each share of $6 preferred stock, includ¬
1
'
recapitalization.
of
as
The
that this company on Dec. 12 acquired
Sontag Chain Stores Co., Ltd.*, operating 48 drug stores in the State
of California;
This sale ■ was approved at a special meeting of the
shareholders of Sontag in Bos Angeles.
Albin Jacobsorr,
formerly Executive Vice-President of Sontag, will
remain as operating head of this chain—V. 160. p. 2337.
W. Dart, President, stated
J.
Called—
Utah Power & Light Co.—Bonds
Inc.—Expansion in California—
United Drug,
workmen's--compensation and' other insurance
$178,087; 5% cumulative preferred stock (par
000; common stock (299,737 shares, no par), $3,126)310;
$9,405,243; total, $29,844,934.—-V. 160, p. 2584.
reserves,
2655
FINANCIAL CHRONICLE
&
THE COMMERCIAL
Number 4343
160
Engineering
Welsbach
Western Tablet & Stationery Corp.—50r-Cent
-Bonds
Management Corp.-
&
The
Called—
redemption on Jan. 1, 1945, $13,000
of collateral trust 5%
10-year sinking fund bonds due Jan. l, laaj,
sat 100 arid int.
Payment will be made at the Fidelity-Philadelphia
Trust Co.,
trustee, 135 South Broad St.. Philadelphia, Pa.—V,'Toy,
directors
the
on
corporation has called for
The
June
Dec.
30.
Dec.
on
in
cents each,
1944
were
as
(Rudolph) Wurlitzer Co.—Earnings—
J
—V.
30, $1.
and Sept.
the 5%
payable Jan, 2 and
1944, and March 22,
.also declared,
April 2, next year, to holders of record Dec. 20,
1945. respectively.—V. 160, p. 1026..
>
stock,
$100.
par
were
Tne
"■Not
profit
No.
of
*
400,000
stockholders
The
the.
issued JS/iv
The
•
approved the merger of this company:
of a new parent corporation
the stock of which w.ll be
to be exchanged tor
the- Olin Corp.
Olin. Industries, Inc. will operate its manufacturing, units, as divi¬
sions,
viz:
Winchester Repeating Arms Co. division, New: Haven,
Conn.; Western Cartridge Co. division,. East Alton; Western Brass Mill
division, East Alton, and New Haven; Bond Electric Corporate division,
New Haven; Western Powder Manufacturing Co. division, Peoria,
111.;
Liberty Powder Co. division, Mount Braddock, Pa., and Aluminum di¬
preferred and 2,130,300 shares of common stock,
outstanding stock of Western Cartridge Co; and
ordnance
after
Exchange
Stock
York
due Jan. 1, 1974; $21,219,series A, due Jan. 1, 2014;
318,502 shares of its preferred stock, series A (par $100); 319,032
shares of common stock
(no par), with authority to add to. the list,
from time to time, not in excess of 424,380 shares of common stock
on
officiaL notice of issuance
upon
conversion of general mortgage
securities are
of
made
Court
the
of
consummation
securities
of
Outstanding
Existing
equip: trust
Inc.-4 Vis
"
certificates... $1,235,000
certificates
Trustees
5s—_t49,290,100
mtge
Each
$l,000_j.
»
,
18,999,500
—
ities
230,184
4.67
12,963,000
1,185,200
1,777,800
tRCC
—112,445,610
—
154,080
241,640
35,426
163,680
256,700
To be surrendered and
37,635
'
—
payable to
stock.
Common
—
-
47,500,000/
which
is
the
of the other securities,
part of its acquisition
a
the RFC. will
rate of more than $4,800 per year,
a
addition1 to the securities
stock,
Sin
addition
the
cash
the
cash
$100
Note—Claims
and
or
listed;, payments in
will be
cash
entitled
obligations
will
to
issued
be
lieu
of
of
fractional securities.
by the
of
expenses
mortgage,
any
being
first
notified
Ecker
H,
of
trustees
the properties
reorganization
are
be
to
during
paid in
■
and
the
5%
gold bonds, due March 1,
reorganization committee headed by
the
they
will
be
entitled
receive
to
$400
a
$1,0Q0
will
holders
be
and
company
140 Broadway,
principal
entitled
to
adjustment
amount
receive
of
the
payments
from
first
the
such
shares
of
stock
payment at
of
depositary-
bonds,
securities
cash:
the
of
(no par)
each
share of
the rate of $9 for
%
members
of
the
committee
The
Uniform
C.
■
For
the
All
be
All
as,
Dec.
on
and
after
Dec.
to
Ruling
29,
is
directed
Committee
shall
1944 shal be regular way unless
No.
71
of
the
National
Uniform
which
provides
that,
unless otherwise agreed,
upon
settlement of "when,
as,
and if issued"
contracts in these
securities, sellers shall pay to buyers amounts computed as follows:
On
General
Mortgage
4%%
income
bonds
series
A
due
2014—
preferred stock series A—$15.81
On
common
On
scrip
stock—$9.00
certificates
tionate
amounts
V.
p.
160,
based
per
for
upon
2585.
any
per
share
of the
the
amount
shareiL--^-$1.74
$1.77
and operation of the remaining sleeping car properties by
those railroads which might desire to join together to that end.'
In due course, we expect the court to set a date for hearings on the
proposed plan at which spokesmen for various railroad Interests, repre¬
sentatives of the public,
and possibly other interested parties may
<
'
appear.
for foreign contingencies,
- ' '
each
r
region—East,
service
;
y
346,742
'
$282,042
.$0.34
J$33,706
Nil
$79,098
$0.07
Other
Net
Total
Miscel.
—V.
Sept. 30,
accrualsli.:.M:.»36,471
42,158
...
each
securities—propor¬
scrip certificate.—
inc.
...
income
1,651,472
6,663,962
4,846,T17
'4,954,417
1,282.456
$0.89
1,817.244
$2.06
2,479,835
$2.25
7,434,252
of prices on 1944 and 1943 armament ship¬
sleeping
on total outstanding share capital;
and 3,302,897 shares in 1943.
JBased
Sheet
Balance
Sept.
30
U. S.
and
1943
1944
'
* '
_
Govt,
g
.90,766,516
securities„^.__
'
'
$
,
74,840,956
marketable
Other
2117.
and
Accounts
"
Deferred
Other
for
-
'
cn
6,370,856
yjj-
;'7'
'
.
mqht
"" $ '
44,152,097
36 301,922
4,245,641
54,641
For
$2,707,087
$3,542,706
1,517
440
217,355
164,028
1,638,790
For
9,678
168,063
1,645,664
$850,942
$1,887,364
munition contracts (contra"111. ,f'
employee benefit plan
uninsured 'fire and casualty liability.IIll..
on
Reserves:
post-war
Air
reserve
1944— ll:Mq.v~ 1943
$
of
8,817,000
19,020,364
2,531,637
2,410,847
—
—
credits.:
508,256
5,275,021
2,000,000
0,232,597
6,745,819
3,266.676
152,163
3,190.836
147,839
6,697,317
4,493,632
....
129,195,880 132,115,880
4,435
5,926
49,731,417 50,987,102
.......
stock—Pullman
Co.
396,647
508,256
5,858,989
2,500,000
5,690,720
—.—__
conditioning revenue deferred
.Pullman
367,956
manufacturing
—.—
reserves
Other deferred
38,440,604,39.2,251,397
2,870,364
5,663,376
re-adaptation
plants and Pullman equipment
Other
$
41,598,324
41,082,007
' 3,521,4.27
.
experimental cars and installations........
deferred maintenance of Pullman cars....
manufacturing contingencies
...
General
'
302,372,182 329,014.451
■
shipmejit$
Advances
For
307,275
4,245,819
•
payable1 and payroHs.-.i;":—.'
'Adcrued prov. f()Lfed. taxes on inc., not yet due
'Adcrued, provisfdtr fcr other taxes', not yct'due
Proy. Idr renecidtuation; refund oh 1942 arma-
'
5,672,503
1,440,404
322,509
—
Accounts
'
.
6,732,59.7
excess
——
——-
965.958
88,064,957, 101.597,070
,
....
(10%)
—
Liabilities—
19,020,364
646,890
...i..
refund
post-war
% Total
i
.5,399,168
27,958.274
2,870,364
543,278
-
charges
assets
profits tax
62,032
$
(contra
Investments
8,003
1944—Month—1943
4,213,459
34,606,798
at
contracts
Equipment and property, less, depreciation..:
Funded reserves (invested irt U. a. Govt, secur.)
,
For
$321,309
36,805,000
708,163
50,053,492
securities,..-
notes
Equip, tr. and oth. deferred payment car sects.
Munition
$3,488,065
$6,608
19,942,000
566,776
feceivable.-—46,725,176
accrued Federal taxes on inccme_AT_—-—-—
•
.1944—10 Mos.—1943
$2^0695720 $18,820,170 $18,075,128
1)3#5;893
13,677,739 11,733,498
1245)994
1,946,897- 2,575,464
1140^)59
550,479
278,101
$485,777
'
U, S. Treasury tax savings notes earmarked for
$2,645,055
$
p.
revenues.
Consolidated
$477,774
41,083,790
160,
2,933,929
,
$0.72
i>*
1944, company reports a net
2191.
Sales
—V.
;
•
renegotiation
car
■Assets'—
$170,234
$176,188
fr.
Period End. Nov. 30—
of
■
34,113,442
tRailroads' contractual share of The Pullman Company
parlor
Claim
(F. W.) Woolworth Co.—November Sales Up 6.9%—
share
foregoing
•
22,872,447
721,008
,..
3,229,897 shares in 1944
5,954
income
income
p.
-
"
profits
Central) .Railway—Ifgu'fijpgs—
revs._i'i.r.^i$l,»08,6O4
exps.iii-I.9TT,359,741
charges
160,
period
share
"Subjeet to"
ments.
•
Net
for
-
12,522,053
8,342,916
1,614,948
•
r
/
deducts,
''
2,335,957
per
340.389,421
"
on
income
For
Fixed
taxes
—
Income
profit'pj'^>Tli),665 for the*'1'2' mo
178^'^Y^
J."
income
'
:
8.559,650 18,058,124
22,741,288
98,873,615 187,777,305 266.439,046
3,218,309.,. 9,752,121
9,661,442
4,115,911
Dividends paid
.
p.
oper,
Fed,
for
income
Period end. Oct. 31~PT;00il9444JMonthl4)aSM3i
ry.
,
60,499,913
deprec,3,249,286
Prov, for
.
,
(net)
,
expenses^——,
Prov,
^$35,473
Nil
V.
Net
reve.
payments to railroads
Total
$
&
"
78.543,987 126,107,557 245,123^62 -
sources
tProv. for contract
Inventories
1943.
Rents
'1944—9 Mos—"1943
"1944—3 Mos.—"1943
$
Gross inc. fr. all
.
interest and Federal income and excess
tLoss,
'
• .
sMfeSw
month,s%fided
oper.
Consolidated: Income Account
% :
>
and
'
V
etc.—V; 160,
$552,929, dfcrmicents per share on . the common stock, com1
—-i-.L-8u.iiJiI....
months ended Sept. 30,
with a
tax
West
Period End. Sept. 30—
'
■
1944—9 Mos.—1943
1944—3 Mos.—1943
1 '
oper.
Association
M
(& Subs.)—Earnings-
Sewing Machine Corp.
160,
of American Railroads at a meeting in
created special Railroad Committees in"
South—to study the entire sleeping car
problem, including the plan of separation submitted by Pullman.
the
of
Washington on Sept. 29, *1944
$1.26
'
shares..—...
profit of
—J
of receipt
,
Capital
$22.50 per $100 principal amount of bonds.
On
.
For
specified.
Attention
Practice
of
1944.
29,
contracts
otherwise
Association
Dealers,
"when,
settled
National
the
$375,550
298,525
.
12
-•»-
•
depreciation,
tOn
" •
'
"
"■
the separation of
physical properties.
.
the plan was filed; Pullman Inc. advised the Court
from* the Pennsylvania RR. that it proposed to
891,674
$527,657
298,525
tEarns. per com. share.
"After'
effectuating
ownership
,
1942
$519,481
' 298,558
depreciation, provision
,
in
notice
and
$9,714,570
1,267,224
of
means
$Earn,
(& Subs.) —
used
own and
It was pointed out that adoption
of such
procedure by an individual railroad or the formation of a
regional group of railroads for a similar purpose, would not be incom¬
patible with the objective contemplated by the proposal submitted, and
need net affect the formation of a less than all-inclusive pool through
scheduled for payment on
1944
1943
$12,678,630 $12,648,986
1,884,319
2,121,380
aa..
1,364,838
1,593,723
'
common
Railway
Ruling—
of
_x
profits taxes
"profit
Raiiway
Inc., District No. 13, announces:
and, if issued" contracts in the new securities
taxes
I'.
profit
Wisconsin
,
Committee
was
pared
Frank
are:
Coulson.-
Practice
tOn
.
U. S.
the
to dispose of its interest
properties
operate its own sleeping car service.
y
report.
Sept. 30—
Period End. Sept. 3Q—
-
.
reorganization
1943).
the
When
of
•
Railway
NASD Delivery
Securities
the
•
1944
of
months
nine
1943 annual
the
excess
1336.
"Net
a
-
Wright and Robert E.
$713,584
$4:44
and after post-war adjust-
White Dental Manufacturing Co.
White
the
cash adjustment
common stock so deliv¬
and
&
"After
p.
1
>
stock
common
$3.42
and $202,400 in
1944
in
sales
tax.
ered.
Other
"
t
.-,
and
new
the
for
Earnings per common
new
shares
in
Outstanding
:
bonds;
delivered;
so
4.67
$141,400
and the remaining $425,000
1944.—V. 160, p. 1336.
15,
Net
preferred stock, series A (par $100) and a cash
adjustment payment at the rate of $15.81 for each share of preferred
6
to
1941
; 1942
$501,951
$3.12
with
election
its
and
the sleeping car busiits connected prop¬
Co., and embodies
proposals previously made to those railroads, suggesting the formation
of a new company
to be owned by interested,, railroads, which eould
acquire and operete the sleeping car business of The Pullman Co., with
& going,; experienced organization that could be taken over along with
As a
(& Subs.)—Earns.
$549,625
filed
Inc.
1944
ne-ss. the plan proposes sale of that business and of
erties to the railroads now served by The Pullman
,
"1943
-
and Federal income taxes
.9 Months Ended
depositary,
mortgage
new
-1944
-
railroad-users of Pullman sleep-
negotiations with 'the
sidiaries'in the Pullman group,
;
-
1121.
2.
business
,
p.
advised
dispose
to
District Court at Philadelphia on
in the sleeping car
connection therewith.
Concur¬
rently Pullman Inc. iiled, for hearings by the Court, its plan to eifec•-tuate separation -of the sleeping car-business presently conducted by"
The Pullman Co.; from the car manufacturing business presently car¬
ried o:i by Pullman-Standard Car Manufacturing Co. and other subPullman
Oct.
Cash
new general
mortgage 4%%- income bonds, series A, and
adjustment payment at the rate of 22%% of the principal
of
160,
;
-
the requirements
initiate
to
and
States
Subs.)—Earnings—
'
in Anti-Trust Case
ing car service for. development of a plari for separation of the sleeping
car business and its connected properties frcm the Pullman group.
>
"
$400,066,
$0.48
of capital
states in part:
President,
were
decision
Directors
1
of
cash
amount
1
taxes,
Income
1946, are
Frederick
New York 15,
;
following
in
com.
(S. S.)
Ready Dec, 29—
Guaranty Trust Co.,
each
Bay
&
Subsidiaries)
1944—9 Mos.—1943
in the second quarter statement of the
of the sleeping car business in border to
of the Uv S. District CouTt decree in the
Government's Anti-Trust suit against the Pullman group of companies,
1
shares.—V.
"Profit before income
exchange agent.
For
30—
Earnings—
on
and after Dec. 29, 1944, new securities, together with certain ad¬
justment payments in cash, in exchange for their old securities.
The
old bonds may, however, be deposited at any time prior to Dec.
29
with
160, p. 2447,
$1,275,000,
Dec!
.
mortgage
by
that
Empire
Co.,
Telegrapn
Ocean
(& Subs.)—Earnings—
Canadian
1944—3 Mos.—1943
Inc.—Quarterly Statement—
Crawford.
out
carry
iuut
ti«i aew.
or
A.
board's
•
current liabil¬
and are accordingly-not affected by
company,
,
.
original
estimated
to
Pullman
D.
of $200,000, offset by applicable income and excess
reduces by $56,000 the net profit for 1943 and the
previously, reported earned surplus as of Dec. 31, 1943.
Also, it in¬
creases
by
$40,000
the current liabilities and reduced by $16,000
the post-war refund of, excess profits tax.
The additional refund of $1,700,000 has been paid to the extent of
Net
New Securities
of
.
difference
The
-profits
fractional securities.
in
York;
in
$123,438
$129,718
$381,477
tEarns. per com. share
$0.15
$0.16
$0.48
"After all charges and Federal taxes." tOn 825,656 shares
stock.—V. 160, p. 1121.
"
;
shares.
made
sion
cash
in lieu
issued
priority over
incurred
reorganization, and
or assumed
by the
plan.
Holders
aecis.on
$454,822
Share:... .$2.83
statement
The
$9",
tin. addition $72
ities
accepted tne
follows: Profit after
depreciation and after provision for adjustments in prices on war
contracts,. $2,051,515; other income, $104,901; total income, $2,156,416;
other deductions,
$120,594; Federal income and excess profits taxes
(net), $1,430,600; profit, $596,222; reserve post-war adjustments, $141,400; net profit (subject to final renegotiation settlement), $454,822.
The corporation
has concluded a final agreement with the- Price
Adjustment Board
of the War Department providing ■-for. a
total
refund with respect to contracts for the year 1943 of $4,700,000, or
an additional refund of $1,700,000.
This exceeds by $200,000 the provi¬
'
will be made
as follows;
(a) with each general mortgage 4Vu % income bond, series
A, 22%%
of the principal amount thereof;
(b) with each share of
preferred stock, series A,
$15.81;
(c)
with each share of common
tin
has
Sept,-30—
_r
per
160,683
to. be paid at the rate of not more than $4,800 per
or
profit
(amounting
(2) any officer, direc¬
tor or employee, paid or to be paid at the rate of more than $4,800 per
year, and will not elect, appoint or employ any person not employed
at the time of the agreement at a rate of more than $4,800 per year.
year to
Williams,
N.
3,172,110
"After charges
certificates of indebtedness which
it
holds, the unpaid balance of the principal amount of. which> is
$8,925,000, and will make a payment in the amount of $1,075,000, less
certain
interest adjustments.
As a condition to the acquisition by
RFC of such bonds,, the company is to furnish an agreement to the
effect that, without the prior written consent of the RFC. company
will not
increase
the compensation
of (1)
any officer,
director or
paid;
account
Stockholders
the Gold & Stock
Union, in conformity
deposited under the
President of Western-Union stated
companies.—V.
above
tOn
f Earns.
surrender the $10,000,000 of trustees'
employee;
clainus
adjustments
cNt-t. profit
of
stockholders
to
letter
a
Weston Electrical Instrument Corp.
provision of an order of the U. S. District Court, RFC
will acquire the entire $10,000,000 first mortgage 4%
bonds, series A,
to
be issued under the plan.
In - connection with such acquisition,
Under
A.
Union
'9 Mos. End.
"Net
.
*
15%
receive
to
its
all
of 15% ojf the outstanding, preof the new common stock in full
159, p. 488.
profit
taxes;
cancelled
.
stock of York,. $20
preferred stock; Pennsyl-
common
new
owner
Zonite Products Corp.
-
Coil4,999,800
Preferred stock. 28.300,000)
A. C. James
York,
Corp.,
Developments
1944
'
1943 '
1942
$1,497,124 $1,107,729
$809,989
fEarnings per common share......
$0.47 ■ ■
$0.35
$0.25
"After depreciation and provision of $5,9Sl,602-in
1344; $2,555,113
in 1943. and $1,991,368 in 1942 for Federal income and excess profits
Notes payable to
Notes
184,000
405,034
582,942
Westinghouse Air Brake Co. (&
15,788
.
V.
13,582,767
3,542,000
5,696,248
16,077,683
5,335,000
6,004,909
,
1__
of
'
Co.,
of the
"Net
payable to
RFC
shares
two
Electric
&
of
plant
:
Pacific & Atlantic Telegraph Co. of the United States
-Southern
& -Atlantic Telegraph Co.
Under the exchange plan
Western Union -had offered to exchange 4 % debentures for the secur¬
cancelled———
-To be surrendered and
*
of
(3) Accounting
Deposited Under Exchange Plan—
in
3 Months Ended Sept.
bonds
ferred
and
Gen. & ref. mtge.
Notes
626,000
International
of
Telegraph
of
——1$19,716,000 $31,850,200
$400
$600
Gas
settlement of
)
Appeals that Western Union is
holders
—•
undisturbed
1,855,000 ———Will remain
__
ctfs
indebtedness.-^8,925,000 $10,000,000
'
obligated under the lease to pay the
Federal
income
taxes of
Gold & Stock Telegraph Co.,
as a final
adjudication of its liability for current and - future income- taxes.
Current and accrued unpaid taxes have been paid by Western Union
and future taxes will be paid as they become due unless there should
be some change in the law, according to; Mr,. Williams.
A letter notifying stockholders of the return of their securities which
were
deposited under the exchange proposal has also been sent , to
of
1
Will remain undisturbed—
—
plan.
Western
that
equip., tr.
13A?c
vania
,
after chgs.
company,
exchange
Com.
Shares
Pref.
Stock
;
"
Gen. Mtge.
■
.
$
'
1,054,302
•
.
.
.
$
1,717,885
income
on
income,
This
——-Will Receive-————7—
—
1st Mtge.
..
.
1st
,
Corp. to York of the
Gas & Electric
Pennsylvania
by
Issuance
par,"in exchange l'or each share of its present
•
;
1944—10 Mos.—1943
Telegraph Co., has notified them, that Western
with its proposal, is returning stock-which was
New for Old Securities
4% Bonds
Securities
3%
place.
take
will
Exchange
the
of
issuance
(2)
.
Period End. Sept. 30—
bef. Fed.
income
Returns Stock
order
plan,
plan proposes the following steps:
Donation
(1)
14,755,591 154,855,841 129,213,266
15,660,073
revenues.,..
on
tax.
Net
pursuant to the plan of reorganiza¬
Under date of Nov. 27, 1944, the U. S.
fixing Dec. 29,"1944 as "the date for
in
connection with which the actual
RR.
an
The
'
(Including
$
income,
Fed.
be issued
to
Pacific
Western
'
oper.
taxes
4% % Income bonds, series A.The
-
) latter's outstanding common stock.
to Date
October and Year
for
1944—Month—1943
Oper.
authorized the listing of $10,-
000,000 first mortgage 4% bonds, series A,
general mortgage 4 % % income bonds,
District
He stated; that the ratio
the merger..
from
.
,
Gross
000
tion
& Electric Corp.,
Gas
Pennsylvania
$1.00 par, and 120,D00 shares of common; $10 par..
f
obtaining just prior to that event.
of Securities—
has
•
■
.
York's capitalization consisted of $2,792,300
15,000 shares of 7% cumulative preferred stock,
1944,
31,
debt,
long-term
which declined immediately
has -been restored in recent months to- about the level
merger,
'
New
resulting
those
Earnings
Western Pacific RR.—Listing
-This
March
operating income to the gross revenues,
160, p. 2337.
plant.—V.
19.8 %.
or
:
,
,
including
of
;
The
$25,642,575,
by
parent,
.
corporations will include the Cellulose Research Corp.,
Alton; East Alton Public Service Co.; Kalunite, Salt Lake City,
the United States Cartridge Co.,
which operates the St. Louis
East
compared With $5,696,248
Co.—Recapitalization Approved—
n
pian oi
recapitalization for the
approveu
rr
its
which
,
Subsidiary
and
as
President A. N. Williama reported. Gross
period totaled $154,855,841, and were
1944
,
.
Wash.
Tacoma,
vision,
taxes and charges,
for the
—
involving the writing down of York's
cost, the elimination from its
books
of
the balance sheet item
"stock discount and expense," the
tional accruals or payments of such taxes, the details of which are
.; writing down of York's investment account and creating a reserve for
still to be worked out, and these adjustments will have the effect of
possible losses in investments in order to reflect the present value of
greatly reducing or entirely eliminating the company's 1944 liability
such investments;
the writing down of the capital account and thefor
excess
profits tax, depending on the course of earnings in. the
resultant .creation of. capital surplus, the charging of the write-downs
remaining-two months of the; year.
in the asset" account against earned surplus,
and the elimination- of
Mr.
Williams
pointed out that- Postal was operating at a sub¬
the resultant earned surplus deficit by a charge to capitaL surplus. stantial loss when acquired by Western Union a year ago, find some
(4) A systematic program of debt reduction for York involving the
time
had to elapse before this deficit could- be offset by economies
retirement of $800,000 of its funded debt over an eight-year period.—
155,624 shares of
issuance- of
authorizes
agreement
merger,
period
revenues
increase in part reflects the
additional
business
handled this year
through acquisition! Of Postal
on
Oct. 7;
1943.
Federal taxes on income for the first ten months
of this year include tentative provision; of about $1,623,000 for excess
profits tax, for which no liability was indicated last year.
,
'
A court
decision in November made Western: Union liable for the
income taxes of the Gold and Stock Telegraph Co. and for the Income
taxes of at least one other lessor 'company.
This will result in. addi¬
1945»
X
of T943,
like
larger
the formation
Industries, Inc.,
and
Olin
as
all
the
operating
taxes.—V. 160, p. 1782.
11
Dec.
on
Corp.
Olin
known
be
$6,004,909 after
in
of
Dec.
on
in
of
As
first ten months-of-1944, Western-Union earned net income
In-the
of
$ 1 -'28
$2.23
Co.—Merger Ratified
Western Cartridge
with
$0.63
-—
and Federal
After charges
to
400,000
$0.74
shares-—- ".
com.
Earn. per. share—
c>EC"
company
Co.—Earnings—
taxes
&
share..^».
common
160, p. 1336.
joined.
Western Union Telegraph
-
charges
after
per
York County Gas
West Virginia:
Period End. Sept.
profit
Earnings
1943
$238,028
$0.52
1944
$244,910
$0.60-
Quarter Ended Sept. 30—
Net
.
regular quarterly' dividends of $1.25 per share each on
Two
preferred
Coal & Coke Corp.—Earnings
1944—9 Mos.—1943
30—
1944—3 Mos.—1943
$890,824
$510,057
__1_
$295,227
$252,lb 1
400,000
400,000
share
Jan. 2 to holders of
follows."
Jan, 2 and
payable
1944
Monday, December 18,
Com. Div.
of 50 cents per
dividend
a
value,
par
no
Payments
20.
50
declared
7
stock,
common
record
2459.
p.
CHRONICLE
THE COMMERCIAL & FINANCIAL
2656
302,372,182 329,014,451
Inc._-t'—
(a ,sub.)_._
Siirplus
$
377,245,247.
Total
—V.
160. p. 2188.
,
Volume
Stock and Bond Sales
DAILY
dellvtry iale« art disregarded in
NOTICE—Cash and deferred
we
furnish a daily record of the
Dec. 9
S. Bond Prices
Dally Record of U.
WEEKLY
Securities
4y«S, 1947-52
32d of a point.
Dec, 12
Dec. II
units
Total sales in $1,000
2%s, June, 1964-1969
•
Total sales in $1,000 units
'■•/
2%s
: '
100.3
100.3
100.3
100.3
100.3
15
f High
:
Low
.1
/.
[Close
.
Total sales In $1,000 units
—
[High
2y4S, 1952-55
[Close
[Close
units
Total sales
units
in $1,000
—
:
Close
110.18
Total sales in $1,000
[High
Low
112.6
2y«s
112.6
Low
{
1956-59.
[Close
112.6
[Close
units—:
Total sales in $1,000
8
$1,000 units.
—
(High
f High
-i Low
2%S, 1945-47
units—
—
( High
27/eS, 1955-60
:
Low
2V«S, 1954-56
110.18
[Close
units..
[High
110.18
[High
I Low
1951-55
Low
•
(LOW
units.
1947..
28,
Low
_■
[Close
■
[Close
Total sales in $1,000
100.3
\ Low
[Close
-
■vv„
Close
1946-48
Total sales In
100.3
2
-
'•
[ High
Total sales In $1,000
6
100.3
100.3
[High
{ Low
[Close
—
2%s, 1951-53
Low
units
Total sales in $1,000
100.3
Total sales in $1,000 units—
High
■
3s,
1965-70
2%S, 1967-72
$1,000 units—
■■
3S,
100.3
(High
3Va8, 1949-52
!
100.3
Total sales in $1,000 units..
(High
i Low
[Close
Total sales in $1,000
100.2
100.2
[High
Low
$1,000 units
3%s, 1946-49
Total sales in
100.2
[Close
f High
V
Dec. 15
Dec. 14
Dec. IS
Total sales in $1,000 units—.
(.Close
Total sales in
Dec. 12
{
2%S, Dec., 1964-1969
—1 Low
3%s, 1946-56
Dec. 11
.
.
units——
Total sales in $1,000
Dec. 9
fHigb
-I Low
[Close
Treasury
[High
] Low
[Close
1944-54
41,
the New York Stock Exchange during the current
U. S. Bond Prices
Daily Record of
Dec. 15
Dec. 14
Dec. 13
the year.
.
[Close
.
of the day. No account Is taken of such sales in computing the range for
the New York Stock Exchange
on
f High
] Low
Treasury
YEARLY
■
transactions in Treasury and Home Owners' Loan coupon bonds on
point represent one or more
Figures after decimal
week.
New York Stock Exchange
the day's range, unless they are the only transactions
United States Government
Below
«»
-
2657
& FINANCIAL CHRONICLE
THE COMMERCIAL
Number 4343
160
Total sales In $1,000 units
High
—
'
•'■■'•■v.
"■'
-
Total sales in $1,000 units—.
[Close
High
sales in $1,000 units...
Total
/'
Close
"V-
Low
2%S, 1948-51
Low
28, March 1948-50
[High
'
[Close
1 Low
2%S,' 1951-54
Total sales in $1,000 units.
1 Close
\ Low
2s, June, 1949-51—
[Close
(Hign
2%a, 1956-59..
Total sales in $1,000 units
\ Low
>
\
[Close
"
/
[Hign
\ Low
(High
•{ Low
1949-1951™.
Sept.,
8s,
1958-63
2% 8,
—
[Close
units
Total sales in $1,000
»
High
I
units
sales in $1,000
Total
Low
28, Dec. 1948-50
fiiigh
.Total sales in $1,000 units
—
Hign
[Close
units
Total sales In $1,000
1
(Close
—.
[High
Low
—
[High
■
1950-1952——J
Total sales in $1,000 units
.....
1950-1952...
Sept.,
2s,
Low
units
Total sales in $1,000
l Close
•
Total
(High
-I Low
.
1948
sales
In
$1,000 units.
—„
■-
units——
sales In $1,000 units.
Total
'
'
1
■
—
»%a, 1950-52
Total sales
sales in $1,000 units
v;v
'
Total sales in $1,000
■
units..
(Close
units.
units
...—
units
103.20
13/4S
103.20
{ Low
1948
Total
5
105.12
105.12
1
——
(High
j Low
(Close
103.20
[Close
Total sales in $1,000 units
in $1,000
105.12
] Low
(Close
Total sales
[High
2M>s, 1956-58
—
I High
1953-55
2s
(Close
-
Low
—
Total sales in $1,000
LOW
i
in $1,000
[High
1%S, 1952-54
■
f High
....
■
7
pow
[Close
1952-1954—
2s,
[Close
Total
1
—
—j
-
'
[High
Low
;
100.21
$1,000 units..
1951-55
2a.
(Close
■
100.21
100.22
(High
Low
S%8, 1949-53
in
Total sales
High
'
•
100.21
100.22
[Close
{
;
■
■
100.22
Low
(High
2s, 1951-1953
(Close
Total sales in $1,000
Low
(High
[Close
,
atta,
:
March,
2s,
$1,000 units
(Close
.
1945
sales in
"
■
units
Total sales in $1,000
SVfes,
Total
(Close
■
Low
■
•"
[High
j Low
2Kb. 1960-65
V
1949-1951—
Dec.,
Is,
sales
in
$1,000 units
—
[High
Home
i Low
2Mas, 1962-67
Loan
Owners
*
[Close
Total sales In $1,000
[Close
[High
i Low
1963-1968
ayas,
-
°
•
Total sales iq $1,000
Total sales
[Close
"
units
LOW
Saturday
$
per
"61 v;
mo
'■
S
per share
62 lit
62 y4
■
HIGH
62%
61%
62%-
111
111
'110%
111%
651'2 -
63
63
*63%
66 %
10
10 Vk
9%
10%
m1.2
*62%,
10
30%
64 Va
65 %
*64%
65%
64%
64% '
131s
*
13%
13%
13%
13%
13%
33%
"23
32%
23%
23%
178
23%
32% '
23%
,
64 - 10%
*63
'13%
621
111%
*63
65
13%
xl3
13%
%
32
32%
*32%
*23
23%
23%
23%
40
40%
39%
40 Va
98%
6%
*63
65 %
*94%
180
111%
10%
40 %
6
*61%
10
98%
*177
62%
111%
10%
39%
6%
62%
5%
*177
6%
180
*94%
5%
xl74
33
98%
9 $a
500
62
111%
-
120
67
50
10
14.400
63
200
13%
14
21,300
*32
33
400
23%
23%
1,800
40
40%
8.000
*94%
5%
*175
NEW
10,500
178
30
4%
ACF-Brill
Acme
3
65,100
Motors
Steel
Adams
Air
47
Jan 24
8% Aug
8
53
Jan
3
64
Dec 13
10% Dec
2
66
Nov
3
10% Jan 27
25
Co
&
No
Inc
Gold
Albany & Susquehanna RR
35
34
34%
34%
34%
34
35%
35%
36%
27,400
61%
60%
60 %
60
60 %
60%
61%
ll
61 Vi
2,500
28%
28%
28%
28
28%
28%
28%
28
28%
5.000
Alghny Lud Stl Corp
94
*.90
14 %
14%
152
151
"15%
32%
For
15%
33
footnotes
*92
94
*90
14%
152%
94
14
14
14
*13%
156
156
156
153%
15%
*13%
15%
32%
32%
32%
*91
14
32%
page
94
153
14 Ma
154
*15%
see
*91
2667.
15%
32%
15%
*15%
32%
32%
2%
»
2%
94
*91
14
*13%
154%
154
14%
156
16
16
16
32%
31%
32%
500
3,700
200
5.700
Chemical
Allied Kid
&
Co
Allied Mills Co Tnc.
Sep
52
July
"Sep
Jan
57 Va
7%
Jan
13
Feb
14%
Jan
32% July
21% Mar
Apr
Dye
43
July 15
38%
Jan
487/a
Jan
13
93
Sep
67
Jan
76%
Sep
18
7% July 13
Jan
7y»
Apr
124
Jan
3
2
Mar 29
23% Jan
3
37
Jan
4
24y4 Apr 19
70
Jan 21
181
Nov 21
3
July 14
36% Dec 15
62
Dec
7
29% July 5
86
Nov 17
Jan
128 %
Dec
100
1
100
par
100
Allen Industries Inc.:
Allied
115%
25%
41%
-
Jan
5% Apr
No par
Alleg & West Ry 6% gtd
94
Nov
35%
37V\ May 18
10
Min
34
2%
108
Jun 12
63 % Mar
26% Jan 31
19V2 Jan
6
-100
Vicksburg Ry
28%
2%
Highest
$ per share
par
No
Corp
Juneau
114
Jan
14
Dec 15
32'% Dec
7
24% Oct 18
1
Par
61
2%
'
I
10
Express
Corp__
Reduction
Alaska
2.50
Co-—.
Adams-Millis
Address-Mutigr
51%
64% Jun 23
52V2 Feb 21
108% Nov 21
61 %
2%
share '
100
28%
2%
per
No par
preferred
Abraham & Straus
35 3 4
2%
f
No par
Abbott Laboratories
60
3414
2%
$ per share
t per share
%
28Va
2%
Lowest
Lowest
Allegheny Corp
5%% pf A with $30 war
$2.50 prior conv preferred-No
2%
Year 1943
Range since January 1
Highest
STOCK
Par
Alabama
98%
6 Va
YORK
EXCHANGE
Shares
63
6
174
for
the Week
$ per share
111%
64
*94%
180
share
64
40
*177
$ per
Sales
Friday
Dec. 15
64
100
6
6%
178
*32
*61%
"111
39%
100
6%
Dec. 14
*93%
39%
39%
*93 %
32
23%
"33
Thursday
$ per share
Range for PrevluuS
STOCKS
Wednesday
I per share
—
$$5,000 registered sold at 100.1.
RECORD
SALE PRICES
Dec. 13
Dec. 12
Dec. 11
share
AND
Tuesday
Monday
>
y Dec. 9
$1,000 units
in
lot sales.
"Odd
NEW YORK STOCK
;
(High
( Low
iy2S, 1945-1947
units—
1
75
;<9y4Jan
3
26
15% Oct
85
•ft Jan
5%
Jan
Jun
3M* July
32%
Sep
13
Jan
45%
18 Va
Jan
31% July
64
Jan
75
7
Jan
11%
165
Sep
May
Jun
July
Jan
5
10%
Jan
14% May
35% Mar 27
-16Mi
Jan
37%
13% Mar 18
16% Feb
No par
29
Aug 15
7
Dec 12
141
Apr
3%
140Vi
156
par
3
_No
6
Nov
Monday, December 18, 1944
THE COMMERCIAL & FINANCIAL CHRONICLE
2658
Dec.!)
$ per
I per share
Dec. IS
$ per share
t per share
21 Va
21%
21%
21%
21%
21%
20%
21%
21%
21%
102%
*102%
102%
102%
102%
*102%
102%
*100%
102%
38 %
39%
39%
38%
39%
39
39%
39
113%
113%
113%
113%
113%
113'/a
113%
113
113%
113
23%
23%
23%
23%
23%
23 Va
*42 y8
103%
*102%
27%
42%
43%
X42%
42%
42
22%
21%
21%
22
22
*69%
70%
17%
45%
45
131%
132
45%
131
40
95
20%
26%
39%
41
97%
26%
26%
26%
26%
111
*124
125%
107%
20%
19%
107 y4
*105 y2
•
3%
3%
10%
27
26%
American
Am
.
*
12 %
33,300
90%
2.800
,
183 Va
41%
40%
41
40%
41%
%
S7%
98
98 Vs
98%
*26 Va
26%
26%
26%
109%
109%
124
123%
124
14%
14V4
111
*110
125
.<
14%
19%
19%
14%
19%
*105%
107%
*105%
28%
30%
31%
35%
33%
34 Va
3%
2,200
2,900
Amer
27%
27%
27%
26%
26%
*26%
27%
2%
1.900
2%
2%
2%
2%
2%
V"
2%
2 Va
99
98%
99
98%
99
98%
21%
21
21 %
21
21%
94%
94%
94%-
94%
94%
94%
94%
94%
94 %
37
37%
37
37%
37%
37%
37%
37%
*37i/4
37%
5%
5%
5%
5%
5%
5%
*5%
5%
71
8%
*8%
9
9%:
9%
8%
8%
8y4
8%
25%
25%
25%
109%
110
*108%
38
37%
•
56
56%
55
49%
48%
49
11%
11%:
11%.
178
178
15%
151/4
56%
56
59
49
49%
51%
15%
76%
77
76%
77%
77%
77%
17%
17%
is y8
18%
18%
18%
18%
■
17%
17%
17%
36%
36%
36
43%
150
53%
*
.
178
14%
15%
77%
77%
1,840
30
American
Safety
American
Seating
1.180
Amer
Ship Building Co.
13,500
Amer
166%
166%
166 %
43 Va
42%
152%
28%
28
28 %
27%
17%
17
17
17
17
53.1/4
25
53%
/
53%
•
25%
54% j
55 /
:
131 Vb
*129
131 %
30%
30%
166%
166%
30%
*129%
,
166%
Xl64%
166%
67%
67
67 %
67
67
66
67
67%
67%
67%
68%
67%
67%
66%
67%
144%
144%
144 »/4
144%
164%
144%
1431/2
144%
144%
65%
66%
'
143%
13%
14%
14
14 y»
14
14%
14%
.14%
46 %
46%
46%
47
46%
46%
45%
120%
*119%
120 y8
*119%
120 Ye
8%
98 %
8%
120%'
*119y2
9%
119%
96
-98
*967/a
8%
8%
98 y4
97%'
96 %
5%
5%
5%
57%
57%
57%
27%
27%
27%
28%
36
36%
36%
37%
24%
24%
24%
24%
.
.
8%
8%
97%
7,800
119%
.
*112
.
13
4
52%
6%
6%
/100
8%
.
6%
American
106
5%
'
114
14
13%
*4
4
*52
52
6%
6%
4%
■
52%
6%
6%
'900
6%
6%
52%
105
*103%
105
*102
103
102%
102 %
115
*113%
115
*113%
114%
114
'
114
45%
45%
11%
*11%
12
10%
*10
10,%
18%
18%
18
,45%
45%
*45%
46
45%
11%
*11%
12
11%
11%
9%
9%
*9%
10
97/a
9%
18%
18%
18%
18%
18
18%
%
18%
109 y2
109 V2
109
110 y2
110%
*109
*43
45%
-
*11%
10
18%
..
3,400
19
108%
109
109
109
•109 y2
108
108
109
109
45%
*44
44
44
•
•
,
6%
*106
108
*106
107
*106
75%
76%
76
105%
106
75%
78 %
105%
106 y4
47
48
105
77%
105 y4
46%
48%
47%
107
48
33
33
*32
32%
31%
32%
75
76
*72%
75
74%
74%
30%
30%
*111
112
16%
16%
57%
*56%
60%
60%
118
!
118
16%
31
*72%
30%
*111
16%
*56%
60%
60%
*117
118
47%
57 Va
56%
60%
60
76%
105
16%
16%
57%
*56%
*117
112
112
112
16%
30%
30%
31
30%
*111
*106
118
60%
118
107
77%
76%
105 %
*104%
48 Va
,
11
51
14%
M:
104%
51
*31%
32
31%
74
74
74
30%
112%
30 Ve
16%
57%
*56%
60%
118
18%
*17%
18%
*17%
18%
10%
10%
10%
11%
ny4
11%
30%
30%
60%
117
16%
57%
61
117
18%
*18
11%
12 Ve
.
5,600
111%
50
6,800
Atlas
*56%-
57%
160
*18
18%
——
11%
12
8,400
640
74
74
76
77
77
77
80
78%
14%
15
14%
14%
14%
14%
14%
15%
14%
15%
4%
4%
4%
4%
4%
4%
5%
5
4,500
36,200
;
—50
preferred—
conv
100
.—No par
—No par
Atlas Tack Corp
Nichols
Austin
$5
;
,
Co.—
Corp of Del
Aviation
(The)
1
•■
•■
,
_.
,
10
9%
24%,
9%
25%
25%
10
9%
17%
18%
17 %
18 %
13%
13%
13 %
13%
17%
13%
26%
26%
37,600
Baldwin Loco Works v t C
10
10
10%
73,800
Baltimore & Ohio
17%
18 %
18%
19%
14
14%
14
14%
26%
26%
26 Vs
9%
9%
9%
9%
17%
17%
17%
13%
13%
14'%
44,800
Bangor
560
Conv
66
66
66
67
67
67%
67%
67 y2
68%
68 Va
68 Va
68%
30%
30%
29%
30%
29%
30%
29%
297/a
x29%
31%
31
33
19,700
18
>900
*17%
18
*51
51%
16%
16
18
17%
17%
51 %
18
*51
51
51
16
16%
16
16%
17%
18
18
18
51%
51%
51%
16
16%
15%
16 Va
16
16%
18
*50%
*51%
preferred—
...
& Aroostook——
5% preferred——*.
Barber Asphalt Corp
—
4%
7,400
,
130
51%
12,400
18%
18%
18%
18%
18%
18%
18%
18%
18%
19
8,100
Bath
32%
32%
32%
32%
32%
32%
32%
32%
32
32%
32%
33%
2,700
Bayuk
38
36%
37 y4
*36%
37%
27%
38
38
38
38%
38%
700
108%
108
*106%
*37
*1C7%
109%
*107%
13%
13%
13%
*37%
*115
38%
118
*37%
'118
*
18%
18%
,
13 7
8
38%
118
*
107%
13%
37%
>116
108
13%
37 %
118V8
107
13%
*37%
*115
Oil
Iron
Co
—
Works Corp
~
%
107%
*106%
13%
13%
38%
118 Va
*37%
*116
13%
38 %
118 Ve
13%
*37%
*117
70
108
13%
38 Va
118 Va
Cigars
Beatrice
$4.25
preferred
10,600
Beech
Aircraft
50
Beech
Creek
-
100
Inc
Creamery
Corp
RR——
Beech-Nut Packing Co_,
15
16%
Jan
45%
Oct
6Va
Jan
11%
Jun
Dec
Feb
footnotes see page 2667.
173
Oct
Aug 14
154
17% July 10
77% Dec 11
10%
Jan
16% July
54
Jan
69% July
180
-
18% Sep
8%
9
43% July 10
15%
Jan
18
Dec
36
15
Jan
12%
25
30
19% Dec
37% Dec
Dec
Apr
May
32% Mar
47%
Apr
Dec
14
144%
Feb
161
.45% Dec
5
35%
Jan
45
24
141%
Oct
Apr
151% Aug
12
19%
Jan
29% May
163
151
Apr
28% Dec
Dec
Aug
Dec
16
11% Mar
)9% July 20
25% Dec 14
17% July
12
17%
Jan
33
Jun
91
14
Jan
Jan
115
Aug
21%
Jan
32% Aug
127%
Jan
158% July
July 14
42 %
J an
75
July 11
152% July 6
43%
Jan
65% July
129%
Jan
146% July
75
13
15
Dec
15
49
Jun
28
.
6%
63% July
12% July
Jan
49%
Jan
32
120% July 11
115%
10V4 Aug 12
3%
Sep
121% Aug
Jan
Jan
9
May
88%
Nov
53%
Jan
9% Dec
13
3%
Jan
8% July
Dec
13
55%
Jan
79% July
100
V
107
Nov
28
7%
Apr
24'%
Nov
31%
15
24
Jan
29%
16%
Jan
23 % July
111%
Jan
6% July
63
Jan
28% July 20
117% May 26
7
Feb
14%
,
•
.
Jun
6% July
107% Dec
Apr
Apr
Mar
11.6
14'/a
Apr
Jan
3%
Feb
16
34
Jan
47%
Sep
5
3
Jan
6%
Sep
9
46
Jan
12
87/a
1%
Dec
75
Sep
Dec
Jan
7
49
Jan
84
46% Jun
28
30
Jan
40%
119
.
Jun
6%
Jan
10%
4%
Jan
10 %
Jun
Dec
15
6%
Jan
15 Va
Jun
Nov
1
72%
Jan
97% July
113% Nov
27
59
Jan
45% Sep
6
29
Jan
39%
108% Nov 17
100
Jan
108%
12% July 10
13% Jun 28
19
110%
80% Dec
15
44%
106 % Dec
Jun
94% July
Oct
Nov
67% July
Jan
11
66
Jan
90 Va
July
51% Dec
15
24%
Nov
38
May
38% Nov
15
3
19
Jan
36%
Oct
Nov
29
44
Jan
68
Oct
.18%
Jan
28% May
76
32% May 17
.
113%
Mar
106
Sep
' Oct
9
17% Dec
7
6%
Jan
13% May
57 y8 Oct
2
50%
Jan
57
Jun
12
52
Jan
120% Aug 14
113
114
62
Sep
68% July
Jan
123
Jun
7%
Jan
16
Dec
8
2%
Jan
9% Aug
84% May 9
15% Nov 28
28 Va
Jan
85% Aug
3%
Nov
18% Nov 13
13% May
Apr 19
■/.
Dec
4% Aug 30
57
5% Aug
8
6%.'Apr
.'
•
j.hir
■
•
.-•■
.
■
—,13 '
100 %
100 ?
50
100
10 .
,5
1
No par
—25
-No par
1
50
,20
•
Hi, •
!U
Apr 24 .v
5% Jan
3
|. '9% Jan 3 it'
9 % Jan
3
.60
Jan
4
21% Apr 25
12
Jan
4
43
Jan 24,
14% Sep 13
14% Aug 9 1 .
181
25y2Feb 15
31
Jan 11
105V2 Jun 24
7% Jun 8
31
Jan U
111% Jun 12
26% Dec 15
10!/2 Dec 15
'
v'"
v P
19% Dec 15
14% Dec 14
68y2 Dec 14
33
Dec 15
July
53
Aug
18% Mar
19
Dec
18
5
21
17
15
34% Nov 18
38
111
Dec 5
Oct 11
14% Nov 16
38
Dec
5
121
Nov
6
10%
Jan
20%
Dec
3%
Jan
10
Apr
6
Jan
14%
Apr
5%
Jan
12%
Apr
34%
Jan
63 %
Dec
Feb
28% July
Jan
15%
Sep
30
Jan
47
Sep
12%
Jan
19% July
13%
Jan
20% Mar
12
5%
23%
Jan
24%
Jan
105%
Dec
7% Nov
25% Jan
93
Jan
J_LL
For
Oct
;,v;
,
.,50
preferred
5Vu%
Barnsdall
48%
12% Aug 21
7
No par
Brothers
Barker
Jan
55
3
117
26%
26%
'
4% May
Jan
18%
11
14 % Dec
**
25%
25%
Oct
3
,3.3% Jan
' <.:ny
..
Nov
36
28% Dec
Jan
66
—'—No par
—5d\:
prior A—
Autocar
No par
—;
preferred,
Apr
125%
Jan
3
Jun
7
Jan 14
Feb 18
Jan
3
Jan
7
52% Apr 19
112
May 26
HVa Mar 31
7
Jan 25
100
5
pref series A
27%
Jan
*26
3
59%
24%
107%
11%
53%
—100
25
preferred
Jan
116%
12
Feb 16
25
1
Corp
5%
■.
100
RR—
Atlas Powder
900
117%
61 %
.,100
,100
100
Lines
Refining,,,
conv
6%
200
.
61%
117
74
4%
non-cum
4%
16%
I SS
W
,
.
Line
Coast
&C
Atlantic
16Va
79
4%
preferred
G
5%
400
31
—No par
preferred
5%
111%
112%
*111
16%
preferred
Atlantic
Atl
1,200
32%
*72%
Dry Goods,—
preferred—
Atch Topeka & Santa Fe_,
28,700
51%
2d
5%
---
1,300
105
74
*17%
.:J-5
;.,.4%
78%
'1
22,000
80%
Corp,
Assoc Investment Co.—
100
107
31%
18%
75%
75
79
105
48%
11%
*17%.
*106
107
*106
1st
7%
360
'
■
100
-No par
*
5
No par
1
.,,100
.,,,100
Corp.,.
Associated
110
No par
..u.
20 %
31
3% Aug 10
62% Dec 15
Nov 17
9% Jan 10
2% Jan
2
42
Jan
3
4% Apr 19
74% Jan
9
85
Jan
3
35% Apr 18
9% Feb 17
8Va Jan
3
12y2Jan 4
90
.Jan
3
85% Jan
3
33
May 19
103% Jan 19
53% Jan
3
82
Jan
7
25% Jan
3
5
Co
Cork
Constable
Artloom
6.700
108 y2
preferred
Arnold
400
1,400
*43
44%
7%
Armstrong
15
Oct
38% Dec
Jan
20
par
of Illinois
Co
$6 conv prior preferred
300
10 Va
&
Armour
',240
■
11%
109
109
.
46
108%!
110%
45%
*43
45%
46
11%
45%
400
^-No
Midl'd
Daniels
Dec
38 % Dec
112
div
Archer
44,700
6%
*114
10%
113
'
No par
Anchor Hock Glass
1.100
4
*52
52%
*52
14
26
130
6
3
3
Sep
24
Corp———12.50
preferred,.
—
No par
Andes Copper Mining
———,20
A P W Paper Co Inc,;
—5
3%
Jun
Jun
24% Jan 26
2,700
*13%
Oct
10%
Feb 11
25
4
Feb
54% Mar
Cable,
13%
Sep
Jan
Mining——50
114
7%
Nov
Anaconda Copper
4
Jan
3%
Anaconda
*13%
5%
42%
3,200
*112
9% May
66%
5
46.400
$5
Jan
15
38%
—-
Jan
4%
15%
Jan
44
28%
25%
May
Jan
Jun
Jan
Jan" 20
4
25
38
114
5
2
Apr
Dec
—1
27%
.
May
Feb
6% Jan
67y2Jan
28 Ve
25
70
37%
4
38
*112
Jan
7
16
27%
25
53%
5
31% Jun
166% Dec
37%
Wire &
40%
7%
Jan
7
8% Jan
3
39% Apr 19
,100
Jan
12%
84y2Jan 10
:
4 '/a
5
139
par
36%
35
9
Xl31% Dec
63
25
Apr
Nov
Feb
Jan
2%
15
3
preferred
85 prior conv
2.500
Jun
30
July
12% July
3
Amer Zinc Lead & Smelt
7,300
78 %
24% Dec
56% Jan
—_No
Preferred—
6.000
■
5%
26
Jan
4
par
Woolen,—
Jun
Jan
29
4
Feb 15
Feb 18
Jan 21
—No par
1st preferred
87%
Jan
7
Feb
57% Jan
Elec—-No
&
May
39
7
62
*104
11%
45%
105
5%
46 Va
Apr
9
Jan
3
ei
61
"
104%
20.500
$6
106%
44%
111%
25
5%
Wks
Water
Am
Jan
82 %
116% Apr 26
6y4 Jan
3
preferred—
37,400
9
9 %
9
114
Xl05%
112%
110
,
*112.
14%
4 "
6%
6%
107%
*43
28%
.
.
60
36%.■37
24%
24%
52
52
52
106
*110%
28
■
-
103%
5%
,
5%
1%
Dec 13
26% May 17
156
Jan
6
,100
_1U
—14
100
——
Foundries Inc
Viscose Corp,
American
98
*96,
■
9%
9
107
•
5%.
59 %
114
14
4%
112%
*109%
37%
24%
*112
14
4%
52%
103%
.,
5%
28%
28%
.37
9 %
9i/4
59 >/2
59%
114
12%
*4%
114
:
*96%.
,
preferred
Amer Type
28,400
15
46%
*119-
8%
*95%
1.500
144%
14%
29% May
Nov
25
Common class B_
6%
10
68
——25
Tobacco——
American
3.300
5,700
■'
*11%
*112
104
5%
59
5%
•
Telep & Teleg Co
66%
"
95%
Amer
16,400
164%
Jan
Nov
15
3
29
Jun
Jan
6%
111% Dec
22
111
4%
1%
22%
17% May
16% Jan
—No par
,100
Tobacco—,
Dec
47
Jan
100
Sumatra
54%
Jan
Jun
15
par
Dec
Nov
Jan
100
Refining—
Preferred
Am
700
46
,
119%:
98%
8%
8%
..*96%
8%
8%
8%
8%
American Sugar
300
65 %•
•144%
46%
98
2.800
t,
66
.
144%
13 %
47%
.
55 %
132%
25%
—No
Co_
65 %
66%
13%
8%
Stove
•
65 %
''
47
8%
3,600
-No par
Stores
American
Jun
42%
11% May
7%
146
Nov 10
22% Jun 10
100
No par
Foundries
American
.
31
164%
preferred
non-cum
Amer Steel
"
*30
30%
6''/o
50
,1.800
'
'
25%
,
/
,
27,000
28%
17%
66 %
*96.
•
Feb
104%
39 Va
147
25
——.
18%
Jan
15
36% Jan
3
Jan 13
39% May 9
—100
———
Snuff
American
1,400
43'/a
*147%
.
Preferred
470
152 %
166%
*119%
40%
163
No par
Dec
13
13% Jan
7
13% Feb 21
26 % Jan 13
Co-i.——No par
Jan
97%
7
Dec
6
Jan 11
Aug 17.
Dec 13
Mar 22
Mar 16
Jun
5
Apr
5
Dec
12y8 Jan
62% Jan
Smelting & Refg—,—No par
39%
162
6%
13%
Aug 18
Dec
Apr
Jun
9
18.50
Razor
1,100
6,300
40%
112% May
28
163
Mill——,_25
preferred
100
conv
19%
163
Feb
July
9% Aug 10
12
44% Feb 21
40
Feb 14-
—,—100
17%
43 Va
*129
—
36
40
:»'•
2
,
No par
—No par
No par
preferred-—
preferred
Rad & Stand San'y
18%
17%
*148%
30
—No par
35%
162
25
;r
par
19
28
131%
No
Co—
& Light
14%
8%
20
11514
32
100
36
18%
'
*29 %
30%
*29%
No par
*
18
161
24%
News
Power
4%%
96
80
24%
50
80%'Jan
par
American Rolling
22.100
76%
Ltd
Preferred
10
178
15
.
Am
21,400
11%
11%
*176
43%
53%'
1*53
*128
30%
130
130%
.
130%
52%
52%
52%
11%
152 y2
24%
24%
I
25
*24%
24%
24%
$5
17 V8
*17
•
$6
36,300
x43
,
Amer
27,900
28%
27%
17%
11.900
*149
43%
152%
*150%
28%
161
2%
116% July
9% July
46
Jan 10
14% Feb
4
No par
36
40%
40
40%
161
*43
%
17
17
17
44
153
27%
28
27%
160%
160
*150%
44%
44%
150
40%
41%
40%
160
159
2%
,
preferred—:
American
950
55
18 Va
1
36
40%
39%
159
37%
62%
*176
17%
37 %
36%
17%
37%
61 %
11%
18%
37%
6%
54%
14%
36 %
Amer
120
54%
X76%
*17%
3,'200
62%;.
77%
17%
17%
Metals Co
2,300
2%
14%
14%
Mecais—
12
Nov
79 y2 Dec
7% Apr 25
6 Ve Jan
par
Fdv .Co——No
&
58%
178
77 %
&
Mach
26
25%
130
19
TOO
Mach
52
.
preferred:
Amer
38%
2%
7%
No
Locomotive-.
1:600
Amer
Jan
107
7% Aug 18
10
Jan
—1
25,700
,
Jan
preferred———50
conv
American
130
12
12 Va
25 Va
129
5%
30
4
91% July
185% July
45% Jun
37% July 17
6% Aug 18
Mar 27
61
_No po.r
Amer Internal Corp
Invest Co of 111
American
49.600
,
3
100
Jan
Jan
15
19
par
——No
9% May
Jan
Nov
168
76% Oct 23
preferred—.
Aug
Nov
65
24%
23%
24
,
3%
71%
Apr
134
24%
—1
Ice——.
9%
43% July
59%
46
111 %
111
111
38
11%
11%
*175
178
15
.
%
11%
11%
*175
178
*175
15%
15%
.
28
25%
2%
48%
11%
% '
2%
55%
56%
49
2%
t
48
27%
129
38 y4
2%
2%
48
12
25%
37%
'900
Apr
Sep
*
'
*18%
-20%
107%
53%
4%
11%;
29
5%
102
25%
94%
8
33
1
Nov
Jan
39% Mar 31
6%non-cun.
8,700
8%
27%
23%
129
38 y4
9%
—
61
127%
_50
American
400
49
111
12%
25%
*126%
2,300
.73%
Leather
Jan
47
Sep 25
Hojme Products,
American
27
23
12%
12%
129
.
&
Dec
Jan
preferred,—
conv
1,800
49
111
38%
'
38
21/4
2%
2%
37%
4Q
6%
8%
'
,"27%
'
Hide
5
Mar 10
Jan
18%
_
131 y8 Nov 29
3% Jan
Hawaiian SS Co——10
American
*8%
8%
22%
25%
25 Vs
*127,
*72.
8%
*8%
111
22%
12%
12%
129
*127
X8%
8%
27
111
21%
25%
24%
24%
129
23%
12%
12%
12%
24%
*127
110
110
9%
American
.
71
6%
6%
600
6%
70%
72%
8%
*48
27%
25%
257/8
23%
23%
23%.
,
Aq
48%
*48
48%
*48
6%
71%
$6
1,900
5%
48%
*46
48%
; 71%
9
9%
8%
8%
6%
74
*72i/4
74
*71%
.
preferred A
preferred—
$7 2d
900
37
5%
5%
*46
72
,
6%
6%
*72%
74
*72
48%,
71 Va
71
6%
6%
6%
6%
48%
*45%
71%
*46
5%
No par
—No par
—No par
preferred—
$7
4.700
42;300
,
Export Lines Inc—
3
& Foreign Power
No par
Amer
23,000
99
21
75
Tiling—
European Sees——No par
Jan
42% July 14
4
7
14
6
25
26
27
10
10
34
Jan
18
Feb
Sep
Mar
Apr
Jan
Oct
Jan
Jan
Jun
Jan
8%
183 % Nov 14
Jan 26
14
101%
21%;
2%
8
23
1%
68
15%
59
American
22%
*6%
stamped-
Co
Encaustic
American
11%
10
100
20
1
Oct
86%
4%
108% Feb
10 V4 Jan
^10
preferred
Distilling
Amer
3%
37%
*72
Crystal Sugar——.
.2% July
31%
Jan
27%
1
107
23%7 Sep
-
Jan
18
Oct
Nov
—100
Jan
Jan
23
98Va Dec 15
27% July 15
115y2July24
23
Colortype Co—:
1st
6%
45,500
68%,Jan
100
American
11%
21%
71 %
par
American
:
3%
98%
*46%
Fdy——No
preferred—
Cable Inc.—No par
Dec
43*% July
13 Va
14
July 12
95 Va July 13
May 12
8
82
Mar 1
170% Jan 15
33% Apr 18
Chicle—————No par
11%
22%
71%
—1
25
American
3%
99
48
133
preferred
conv
*11 Va
21%
71
5%
3%
941/4
*46
126% Apr 12
-100
&
Car
non-cum
11%
27
48
46
—
Sep
97
Jan
x67
71
Dec 15
19% Jun 27
37% Jan 14
—
Can
Chain &
3%
98%
*94%
7%
Am
11%
21%
20%
Co—
Cable & Radio Corp
American
1.800
;
60
Jan 14
7% Jan
3
Corp
Shoe
Preferred/—,
3,400
107%
50
1
--No par
—
Bosch
preferred
Dec
—100
preferred-.
Brake
American
650
20
14%
20%
107 %
Note
16%
Jan
%
44% Dec 15
23'% July 6
20
126,.
19%
28%
7
25
Amer
2.200
111
*i4y8
Apr
1,100
26%
*182%
38 2%
*105%
20
40
16
5%%
18,100
97
"
;
10
220
OO
99
*98
*129
11%
May 17
270
89%
sW
Mar 29
Bank
Jan
17%
6
42% Nov 13
110% July 17
31% Jan 14
82
6%
3,200
89%
11%
88%
45%
133%
V",
132%
11%
45%
*132 %
45 Va.
132%
6%
73%
4'A Dec
26
American
Corp—No
Highest
t per share
26%
July 10
July 7
July 5
July 5
Dec
6
par
3%
21/4
2%
45
'
Petroleum
22
103
40%
118
' 24y4
Apr
Agricultural Chemical_No par
American Airlines (new)-,—«—.5
10%
26%
2%
4,200
104
102%
3%
10%
2%
130
17
101
-10%
3%
10%
122
,,
107 >/4
"27%
27%
27
3%
10%
*25%
71
16 %
181%
'
13%
13%
14%
20 y8
26%
*109
*109
14%
*106%
,
Xl81%
182 %
124 %
20%
26%
181%
111
124
*100%
71
16%
11%
40%
96%
26%
14%
70%
16%
90
'95%
125
20
89
90%.
-90
95%
110
70
45%
11%
11%
.11%
40%
*95
125
1,600
132
.
90%
*109
*14%
132
181%
110
12.800
21%
,
39%
40%
95
44%
21%
16%
181%
183
*181%
42 Va
22%
.
70%
.90%
.
42%
21%
16%
11%
11%
11%
90%
41%
22
.:
Jan
Jan
2
Jan
4
28% Jan 12
—1
50
$ per share
$ per share
27
3
24
Apr 19
Apr 19
14%
96%
33'%
105
17%
par
Amer
70%
'
11%
90%
Amerada
45%,
132
'
•
2,300
16%
132
42
*41%
.
1,700
45%.
132
43
—No
Amalgam Leather Co Inc_
6%conv preferred
42%
*21%
71%
2.800
27%
16%
*
3%
27%
45
*70
3%
27%
45%
17
1,200
3%
No par
—100
Mfg_
4Vo conv preferred——100
Alpha Portland Cem„——No par
1,200
23%
Allis-Chalmers
27%.
17%
71
*70
17.
12,100
113%
101
27%
42
42%
22%
200
39%
23%
*41%
102
27%
27%
102%
3%
43%
102
28
28
21%
r-f O O K- .CO
23%
4
*42%
Allied Stores Corp-..5% preferred—
9,600
21%
»
23%
23%.
4
103%
28
28
23%
43 Va
*42%
103 %
103
*113
4
4
%
43 y8
*42 y8
43%
102%
4
*4
4%
4
39
39%
39
% per share
Par
Lowest
Highest
Lowest
EXCHANGE
Shares
102%
Year 1943
Range since January 1
NEW YORK STOCK
the Week
Dec. 1-1
£ per snare
$ per share
share
Sales for
Friday
Thursday
Dec. 13
Dec. 13
Dec. 11
Range for Previous
STOCKS
LOW AND HIGH SALE PRICES
Wednesday
Tuesday
Monday '
Saturday
*29
May
33% July
*110
14%
Sep
Sep
33% July
114
Aug
RECORD
NEW YORK STOCK
AND HIGH
LOW
Dec, 11
Dec. 9
I per share
$
share
'
share
$ per
per share
11%
11%
11%
11%
11%
11%
11%
13%
12%
13%
12%
13%
13%
13%
13
13%
13% "141.
48%
47%
48%
47
48
48%
48%
48%
48%
48%
48%
20%
20%
20%
20%
20%
20%
20%
20%
55%
55%
*55%
55%
56
56
56
56
39%
39%
40
40
38%
39%
39%
39%
-17%
■17%
17%
17%
17%
17%
64%
64%
64
64%
63%
64%
129%
129%
129%
48%
48%
*48%
22%
23
<
63%
129%
22%
22%
13%
13%
13%
13%
14i/a
22%
22
22
22 V
22
13%
13%
13
13%
21%
22%
19%
*19
*19%
19%
19%
*108%. 109%
*108%
19%
109%
17%
17%
17%
17%
49
49%
49%
49%
98%
98
98 '
97
V
•
17%
■17 %
17%
49%
*49% -' 49%
95
96
*94 % ?
52%
53%
45%
46-.
97
*96
97%
53
'
*52%'
53 y4
52
52
46%
46%
*45%
46%
116%
*115%
116%
116%
*115%
34%
341%
34
34%
33%
40%
39%
40%
39%
40
42%
42%
42%
*42
42%
20%
19%
20%
20%
20
20%
39
45%
5%
*42
42%
19%
52
52
*42
'
52
*50
10%
10%
11
10%
11
xl0%
10%
10%
10%
X39 %
39%
38%
39
38%
39
37%
38%
"
41%
41%
41%
42%
42
42%
42 Va
42%
41%
42
*49%
50%
49%
49%
50
50
20%
20%
21
21
20%
21
*49%
50
20%
20%
48%
23%
23 %
13%
•
t
-*48%
22 y4
r
13%
128
48%
48%
49
48
22%
23
23%
23%
23%
24
13%
13%
13%
13%
13%
13%
13%
13%
127 %
*126%
127 %
127%
127%
*48
"
11%
10%
11%
10%
11%
10%
11%
10%
10%
77%
76%
77%
76%
76%
76'A
77
76
10 %
10 Va
10%
10
10%
*22%
22
;
10%
10
%
22
22%
10%
22%
22%
11
76%. V
28,100
1,650
10%
22% '-/•
7%
No
Wheel—
Budd
Forge Co—
Buffalo
*77
81
*77
81
10
67%
69
X67y4
68%
*68%
69
760
15%
15 Va
15%
14%
*30%
30%
*30%
69%
70%
14%
14%
15%
15%
30%
30%
30%
30%
*30%
3%
3%
3%
3%
3%
3%
3%
16%
15%
31
16
16%
15%
16%
15%
93%
93%
94
94
94
23%
24%
24
27%
28 Va
27%
27%
23%
23%
24%
23%
30%
30% •
600
3Va
24
*92y2
;
'
30%
33,600
151/a
3%
3y8
3'4
8,100
15%
15%
15%
16%
7,800
93%
93%
94
24%
24
24%
3%
16
93%
15
15
92%
93%
*24
6%
3
28 y4
Jan
38%
Dec
12% Jan
3
21% Aug 25
11%
Nov
14%
Nov
40% Feb
1
53
20
Jan
45
Nov
:
*
7% July
Oct
31
12% July
4
8% Jan
Oct
12%
8% Nov
5
Apr
Apr
27
Jan
28
44% Aug 23
20%
Jan
30%
39
Jan
14
50
33
Jan
44
40 y4 Jan
4
37%
Jan
44 Va May
July
53% Oct
y. 240
3,300
22 y4
14% Jan 13
116
Jan
7
23
4
47% Jan
19
Jun
July
13
14 V4
Jan
18% July
20% Dec
9
16
Nov
29%
Dec
5
24%
Jan
35% July
40% Nov 30
20 Va
Jan
31%
May
109%
Oct
Jan
15%
Jun
Jan
45
May 12
27%
25
110% Dec
107/
Apr 17
3
12% Jan
15% Jun
105
7
30
9%
Apr
Jun
6% May
2% Jan
3
8
Va Dec
11
Jan
6
83
Dec
4
41
Jan
75
43% Apr
25
70% Dec
21'/a
Jan
49
20%
4
Jan
54
-
Apr
22% Dec
31
*——1
100
10%
4
16% Sep
;■
20% July
6% Nov
11% Jun 29
Jun
19
Jan-
17
Dec
12% July
77% Dec
3
7 % Apr
■>
July
129
6
5% Jan
-
No par
1
6% preferred
-—100
Bush Term Bldg 1% preferred—100
Butler Bros—.
—:
.-10
5% conv preferred—
30
Butte Copper & Zinc
—.—5
Byers Co (A M)——
No par
Participating preferred
100
Byron Jackson Co——
No par
19,700
81
69
70%
July
Jan
45
1
5% preferred ——
Burroughs Adding Mach
Bush
Terminal—
81
13%
Jan
2%
7
No par
>——No par
Burlington Mills Corp
81
70%
26%
3
37% Jan
par
—
9,500
7%r.
7%
8
7
41 % July 17
3
'
——
3,600
*111
'7%
8
34% Dec
3
34% Jan
3% Jan
9% May
54% Aug
39%
*79
39
3
28% Jan
*
Nov
39%
8%
30
22%
43
39%
7%
Doo
Jan
6
,
8
39%
69
Oct
No par
39%
,
Sep
117
■-•
No par
—
39%
83
48
8
10% May
39%
8%
35
Jan
39%
*80
July'
Jan
3
Bulova Watch—
7%
51
21
17
8
1,000
8
26
*
Jan
6
3,100
83
33 Vi Jan
109% May
96% July
38%
118% July
44%
7%
56% May.!
NOV
29
55% Sep
Jan
20%
*80
4
85
Jan
44'/4'
-
11% Nov
4iy8 Jan
8
Jan
20%
"
9
Dec
98
6%
441/4
14
18
46 y2 Jan
July
52% Jun 27
Jan 26
Apr
100
211/4 Mar
19% Nov
5
12% jun
Jun
Jan
76
Jun
13
20 %
13%
7
19
104%
441/4
14
Oct
19 % July
Jan
9
20%
137/a
109
.
Jan
9y2
y
15
44%
14%
93 y2 Mar 14
13%
13
13% Dec
20%
13%
Dec
11%
24% Dec
44 Va
14%
20
19% Mar
Jan
3
20%
13%
22% Dec 12
Dec
Jan
6Va
4
44%
14%
4
Jan
16
8y8 Jan
20%
14%
15
40
17% Jan
44%
14%
30
14% Dec
Jan
——>-—-—5
—-—100
20%
14
Apr
121% July
Jan
27%
1
42% July
,
'700
•
69%
Nov
54
110%
18 %
44%
39%
Jun
Jan
20%
39%
17
Jan
44%
39%
Jan
9'/a
20%
39%
8%
29%
44%
*111
July
1
20%
*111
38
7
44%
*111
Jan
49% Dec
20%
'111
Nov
16
Bullard Co——
*110%
57
39% Jan
,
10.300
10%
■
25 Va Aug
88 y2
2.50
Bucyrus-Erie Co
1% preferred:
Budd (E G) Mfg
$5 preferred
.
50
:
.
22%
10%
22%
126%
!>ep
Feb
No par
Bruns-Balke-Collender—No par
4,700
11,700
10%
1
■
21%
•-
3
3
Brown Shoe Co
300
„
75%!
76%
22%
:
24%
13%
*125
126%
*124
77
10%
<
13%
16% Jan
———-lb
*
11%
*22
49
,241/8'
yy
14,500
221/4
5
45
America——15
No par
No par
—No par
Bristol-Myers
Co————*——5
Brooklyn Union Gas-—j
No par
200 ;
50%
"
5iy2 Oct
Bridgeport Brass Co—j
Briggs Manufacturing-;
Brlggs & Stratton—
1,700
22
48
23%
23
42
24
:
Brewing Corp. of
100
6,200,:
■
20% July 15
66% July 11
129% Dec
9
■'14% Mar 14
Apr
17%
54%
.'
4
2
16
(The)
Airways Inc
41% Oct 21
20
.
39%
Nov
22%
•
7% Jan
—.10Q
Co
Braniff
7.500
*48
49%
*48%
:
10%
.
*48 %
50%
21
-;
15,700
38 % ' 39
41%
"V
127%
48%
128
-
100
52
10%
■:
39%
28
;
Borg-Warner Corp——
-——5
Boston & Maine RR (assented)-100
Bower Roller Bearing Co—-——5
20%
*50
-
10%
39%
24
20% Mar
9y# Nov
13% Mar
37 VA Feb
Borden
4,900
42%
-
19%
19%
.v-
30
56 Va Jan
.
11% July
Deo
33
15% Jan
3,500
6%
11
56 % Jan
3,700
39%
•
6
42V2
-
19%
20
39
;6%
20% Dec
.
.115% Feb
preferred
4%%
33% V 33%
39
Stores Inc—.
Bond
1,700
*1141/4' 116%
'
33%
5%
Class B
:
100 /
45%
>
4
No par
No par
—1
A—'
Ami Co class
Bon
so
53%
*521%
-
1,200.:
*
*42
52
*50
52
*50
52
*50
'
116%.
33%
39%
*5%
5%
5%'
5%
*114%
34
33%
X39 Va
5%
~
116%
*115%
34 %
40
46%
45% ■'
■
'
-
■
4
Jan
17'
—No par
—1
No par
preferred—.*-100
Boeing Airplane Co
5
Bohn Aluminum & Brass——5
15,800
::
961/2
49% Dec
33% Jan
Blumenthal & Co
•17% > 18%
49%
53%
*42
20
*108i/2''109%
49%
46%
6
*19%'
-
17%
*46%
6
20.
109%
*108%
230
49%
*52
*115%
*19%
20
109%
2,800
■
15% Jan
13
•53% Nov
(Del)preferred—.— —
10ft
Blgelow-Sanf Carp Inc__
No par
Black & Decker Mfg Co—No par
Blaw-Knox Co—4,
No par
Bliss & Laughlin Inc—
——5
Bloomingdale Brothers:
No par
43,200
;
———.
9%
6
11
3
25
;
7%
1,300
<
*
49%
53
*97
'
17%
17%
48%
*22
22% : 22%
Foods
Bethlehem Steel
1,400
50
50
■
50%
21
*108%
600,
22%
13%
109%
Best
18,100<
49%
21
*108%
50
"
*22%
12%
i
3,700
65".
64
129
"
49
21%
19%
17%
129%
17%
64 V
129%
'
Best & Co———.
23
12%
-
50 '
1,600
49
20%
*
39%
17%
64
130
•
»
-
*38%
23
49%
23
23
56
17%
63%
*129%
129
129
129%
*55% '
39%
.*38%
1,500
400
56
*55%
17%
17%
y
20
1974
19%
Xl9%
July
13
10 ya Jan
10% Apr
Aviation
Bendlx
5,400
Highest
I per she re
$ per share
I per share
share
33% Jan
——_iYo par
1;
—
3
Beneficial Indus Loaru
No parPr pfd $2.50 div series '38_JVo par
Aircraft Corp—
Bell
12,200...
-
47%
■
Belcling-Heminway
2,600
11%
11%.
11%
11%
11%
13 Va
i per
Far
■
Shares",
share
* per
Lowest
Highest
Lowest
EXCHANGE
—
Year 1948
Range since January 1
YORK STOCK
NEW
...
the Week
Dec. 15
Dec. 14
for
Sales
Friday
Thursday
Wednesday
Dec. 18
$ per
I per sMare
Range for Previous
STOCKS
SALE PRICES
Tuesday
Dec. 12
Monday
Saturday
2659
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4343
[Volume 160
8% Jan
4
15% Dec
8
31% Nov
'3
■
Feb
28
9
12
3% July
2% Apr 25
12% Apr
Apr
Nov
5%
Apr
Jan
16% July 10
18
9Va
Jan
18% July
11
65 y8
Nov
83 %
16
Jan
25 Va May
3
94
Dec
18
25
Sep
67% Jan
*20
Oct
29%
Jan
2%
8
May
10% July
SVi-Jan
1,
Apr
0
27%
27%
57%
*56
28%
27%
1
1
1
6%
6%
7
20%
20%
20
20%
30%
29%
30 %
46%
46%
*46%
11%
50
10
10
6%
52%
52%
118%
*118
117%
63
5%
37%
x36%
*147
37%
37%
104%
104%
*127%
128
4%
27%
5%
35%
147 y2
49 ya
104%
104%
126y4
126%
126%'
14%
13%
8,500
-
18%
18%
18%
18%
18%
18%
20%
20%
2oys
20%
20 y*
*20%
4%
4%
4%
4%
41/2
4%
4%
4%
*111%
112
*111%
II
10%
11
32%
33%
7%
6%
7y8
33%
131%
131%
7
7'/a
7
129%
130% 130%
131
;
*20%
20%
20%
30%
20%
30%
29%
31
*113%
115
115
14
14
49%
50%
49%
•*14
49%
50
129%
130
20%
21
■
29%
29%
114
*113
43%
*41%
14%
43%
14%
*14
13%
50%
*112%
43%
42
42%
13%
300
33%
33%
49%.
12 y
33%
*11%
42
*11%
11%
7%
*113%.
11%
11%
11%
20%
27%
11%
33%
*30%
27%
27%
*13%
49%
50
•
32 y4
129%
30%
114
43
*41
14%
*13%
50%
7%
7%
7% '
300
Chesapeake & Ohio Ry—
Chic & East 111 RR Co
7
16
16%
16%
16%
15,500
6i/a
6
6%
6%
6%
13,800
7%
7%
•7%
16%
15%
16%
15%
16%
6%
6%
6%
6%
6%
5%
24%
24%
24%
24%
24%
24%
24%
24%
24%
24%
24%
24,100
24%
25%
25%
25%
26J/4
26
26%
39,200
7%
7
16
A.
cl&SS
■
*it*
*+>
j-i-m*
j
m*
Chicago Great West RR
n Willi FT
25
25
26
25%
51
53'/a
53%
54%
54%
55
54%
56
56%
57 y8
50%
37,200
20%
21
20%
20%
20%
20%
21
21%
21%
21%
21%
3,600
20%
4,200
20%
20 %
Chicago Pneumat
20%
20%
.
*47%
49%
*48%
49%
*55%
56%
*55%
56 %
16
16%
*48
49%
*48 y4
49%
*55%-
56%
*55 y2
56%
16
*15%
16
15%
15%
15%
15%
161/4
16%
16%
16%
16%
5%
4%
3%
5
29%
29
29%
29%
92%
S2%
91%
92 %
90%
20%
20%
X20%
20%
20%
*5
■
*28
30
30
*28%
,.
29%
90
29%
*28
91%
y4
91
97%
*95 Va
10%
9%
48%
47%
10%
48%
48 y2
*160
175
175
*160
175
*160
175
*160
*87
94
*88
94
*88
94
*88
94
*110
111
*110
111
111
42
95
*93%
42%.
43
109
*107
42%.
'V ,43"
107
109 V
*93%
95
*93%
95
53%
53 %
53%
*53%
34%
35
34%
35%
34%
37%
37%
37%
37%'
37%
135
*134
63
*62%
30%
30%
107
106%
156
*152
156
136
135
*136
136%
117%
*114%
94
110
W
43
900
109
90
*42
42%
Va
*107
109
95
*93%
95
*93%
*53 Va
56%
*53!/a
56%
•
35%
35
34%
34%
37%
38%
38%
37%
38 Va
34%
X38
*152
155
*152
156
*152
22%
22%
27%
137
137
137
136
27
25%
63
63
^
31%
31
31 Va
*106%
107
107
36
*35%
/
31
107
35%
*106%
*34%
*106%
107
35%
34
70
107
34%
1.300
117%
*113 y2
117%
*113%
117%
113%
100
22%
2iy2
21%
21%
21%
22
23%
8,300
26%
25%
25%
24%
27
25%
27%
2.770
25
26
24%
25
24%
26
26
27%
5,160
22
22
24
24
24%
2.520
*114%
22
27
25%
22%
23
34
34%
35
34%
34%' "34%
page
35 y4
26
117%
!
35%
5,600
_
2667.
23
22
35%
35%
35
35%
34%
34%
35
35
35
35
33%
34
113%
/
34%
35%
34%
35
-
3.600-'
1,500
16%
Nov
21
Nov
27
July 11
16%
Jan
23%
2% Jan
13
1%
Jan
97%
Jan
—
& St.
C.
$4.50 pfd
No par
Clev Graph Bronze Co (The)
1
Clev El Ilium
5%
—100
preferred
Clev & Pitts RR Co
Special gtd 4%
Climax
7% gtd—u—50
stock
JVo par
No par
—100
No par
Molybdenum
& Co
Cluett Peabody
Coca-Cola Co
Class
(The)
A—
———No par
Colgate-Palmolive-Peet
$4.25
50
preferred
Collins & Aikman
w*No par
—-No par
—No par
114
96%
5
15
Sep
3
Jan
18%
13
Jan
25
3
Jan
15
37% Jan
4
*33
Jan
19
9
Jun
27
3
Jan
7%
1
134
Nov
21
32%
Jan
72%
Oct
22% Dec
15
16%
Nov
19%
Apr
31%, Dec
8
May
Jan
24
Jan
109
Dec
46% July 10
34
July
50
July
4
Feb
18
14
Dec
Apr
19
14
50V2 Dec
6
33%
Jan
9% Mar 25
2%
Jan
9 % May
18% Mar 25
7%
Jan
17% May
3
4% Jan
3
77/a Mar 22
2%
Jan
Jan
4
25% Mar 22
10%
Jan
21% Apr 25
30% Nov 28
18
43% Sep
65 Va July
14
15
Jan
16%
Dec
Jan
6
22
15% Feb 24
21% Dec
3
21% July 12
15%
38% Jan
7
36% Nov
Apr
41% May
47
Jan
6
49% Nov 10
57
NOV
9
48
Dec
54
13
Jan
4
19% July 10
11%
Jan
15% Apr
14% May
4
17% Jun 23
13%
Jan
18
1% Jan
3
Dec
3% May
32%. Apr
85% July
24
77% Feb
1
6% Oct 25
July
30
May 29
98% Jun
7
5
24%
Jan
19
67%
Jan
10%
Jan
25% Nov 16
31% Dec
3
12
NOV
9
96% Oct
26
6% Jan
12
14% Jan
95
25% July
5
10
35% Feb 17
Jan
7
Dec
15
185
Jun
22
123
Mar
.90
Jun
5
67
Feb
148
.
76
Jan
3
110
Nov
6
115% Jan
37% Apr 20
Mar 27
32%
45V4Jun
109
106
92
Jun
38
3
Dec
Jun
109%
Jan
28%
Jan
101%
Jan
108%
Deo
84
Jan
92%
Sep
50
Feb
54
17
33% Nov
Sep
48% Mar
July
33% Jan
40
142
May
153
Sep
88
Jan
123
July
1
61
Dec
July 11
68%
Oct
25
Dec
31% Dec
13
16%
Jan
7
xl03%
Dec
Sep
1
27
17%
Jan
109% July
28% July
Jan
114%
38
Southern
—-100
1st preferred—100
2nd preferred—.100
Columbia Br'd Sys Inc cl A
2.50
12% Jan
4
27% Dec
15
Jan
4
24% Dec
15
108
15
35% Dec
4
4
74%
108% Jun
2
25% Jan
Jun
67 y2 Jun
25% Apr 25
^26% Jan
8%
39% July
145
146% July 11
59% July 17
23 V2 Jan
6
13
Nov
3
V2 Mar 15
152
Feb 26
103% Mar
,V; 15% Aug
19
Jan 12
Aug 11
39% July 12
34% Apr 20
Feb 18
145
111
Jun
116% Aug
42 Vi Dec
53% Oct
52% Mar 22
30% May
.
96'
16
■
May
'
2% Jan
10% Jan
50
15
2.50
Jun
16 Va Jan
27% Dec
Class B
7% May
21"%
13
23% Dec
&
July
11
3
non-cum
Jun
Jan
19
non-cum
Apr
8%
18
11% Jan
4%
Dec
41
99%
14% Apr
4%
Jun
8% Nov
114% July 13
No par
Colorado
Aug
1
114% Oct
Colo Fuel & Iron Corp
Jun
111
29
12
29
preferred
July
3% Mar
Nov
Mar 20
15
109% Feb
conv
Sep
14% Apr
28% Nov
100
5%
120%
Feb
•11% Jan
5
—100
<4% July
31
5% Sep
—No par
Louis Ry. Co
100
preferred—
Jan
23
44
No par
new——No par
preferred——,
100
—
210
,
5
11
.
Preferred
1.40O
63
31
"22%
6.700
3,500
1
63
31%
<90
•
136
63
26%
25%
—
!
.
156
136
C.
.
95
56%
31
63
22%
26%
For footnotes see
*88
19% July
27% Jan
Clark Equipment—
5%
110
94
110%
.
C.
175
*160
175
63
22
'
2,000
107
*114%
34
50
31
35%
*33
42%
49%
63
30%
*106
35%
24%
110%
*107
49
Jan
3
4
—25
City Stores-—
3,400
X30%
63
62%
35%
22%
*88
10%
8%
Jan
3
—5
Corp——
5%%
10
97
10 Va
34%
35%
37%
*152
43
107
*160
*95 Va
97
27
17
Jan
—10
—No par
Copper Co
City Investing Co
1,860
10%
2
15% Jun
Jan
City Ice & Fuel—,
900
21
30%
30
Co
Chrysler
•
53'/a
155
*20%
*53%
"*93%
56^
*152
14,600
31%
48%
Chile
50
92%
29%
10%
*107
29%
20%
48%
*110
29%
29
10%
tChilds
91
20%
*9,5%
5
29%
30%
49%
41%
4%
conv
pf
Chicago
600
91
20%
10%
108%
91
29%
49%
111%
*28
20%
97
1,200
1,600
16%'
20%
10%
41%
16%
5
129% Nov
3
23
No par
No par
No par
15%
16%
preferred-,
($2.50) cum div
Yellow Cab—
Chickasha Cotton Oil.—
$3
Pr
56 %-■
15
Dec
Jun
11
105
2
108
No par
49%:
*55%
15%
4%
10%
*107
*48%
561/4
*15%
16%
10 Va
*110
.49%
*55%
4%
97%
48%
*48%
■
16%
30
*95%
20%
47s
? 95 '/a
95%
20%
16 %
5
*28%
95%
20%
20%
20 %
Dec
Dec
40%
26% Jan
40 Va Jan
13
5%
Tool—
July 10
24
54
Apr <
54% July
Nov
40
9
>17% Apr
50
50%
20%
5%
39%
147
4% Apr
r"-' mr T- —'
Co
24 %
2QVa
17
65
4
30% Feb
No par
26 y8
■
15
9
Jan
57
preferred
——50
Chicago & Northwest'n w i—No par
5% preferred wi—_——100
Chicago Mail Order Co
5
*21
Dec
Dec
2
5% Oct
25%
19
Apr
8% Apr 22
20% Apr 19
7% Jan 15
—5
23
Chesapeake Corp of Va.—
15,600
7%
6%
71/8
,16
31% May
Oct
22% Dec
107
5
15,200
:
Jan
4
6
19
—100
Mfg
Cab
Checker
1,000
——No par
Co—-No par
preferred
6%
14%
50%
50 %»
Champion Pap & Fib
900
42
33
" Jan
9%
Jan
v
—1
—100
preferred—.
Chain Belt Co—
2,100
'
16%
7%
6% prior
660
30 y4
*113
97%
Jan
•
.
No par
Products
Certain-teed
12,800
22%.,
22
21%
30i/4
114%
Jan
11
No par
Century Ribbon Mills—
Cerro de Pasco Copper
7,500
33
*85
96% Jun
Central Aguirre Assoc.
330
7
6%
128% 129 %
15
Jan
113
Central Violeta Sugar Co
27%
7 Va
>——20
—
3,100
27%
32%
preferred
8,000
27%
Dec
4
No par
—
12%
112
46% July
119
33
No par
v—.—100
preferred
Corp
27%
12
Jan
4%: Jan
"44y4 Jan 12
<31% Apr 24
11%
112
112
10%
10%
40
143% July 12
-—
-No par
Central Foundry Co—
—1
Central 111 Lt 4%% preferred—100
fCent RR of New Jersey..
—100
27%
27%
130
112
112
15
100
5%
3,300
11
15
Jan
1% 2d
5,500
112
36 %
11% Dec
541/4 Dec
4
Jan
620
19
12% July 12
51% July 14
Dec
Celotex
4,200
14%
11% May
47% July
3%
370
14%
Feb
Mar
6%
32%
500
128
'
38
127%
$4.75 1st preferred—
105
127
20%
*11%
*41
•'
*104
141/a
14%
14%
38
Jan
Caterpillar Tractor——
No par
Celanese Corp of Arneti——No par
18%
7%
42
37%
37%
37%
-
37%
104%
29 %
Dec
May 13
Preferred
'
37
6
■,
18% Oct 27
25
—
Dec
5
47
151
Co
Apr
31% Sep
Mar 16
I)
(J
Apr
27%
39
70
3,300
49% -50 y2-
49%
48%
49%
Jan
Apr 19
Case
:
19%
56% Nov
Carriers &
5,900
150
*149
149 y2
126
126%
32%
115
*148
148
*13% Nov
13
Mar
13%
97
———
,_10
preferred •^—;———50
General Corp.
—1
4%%
9%
21% July 10,
.
27% Jun
Corp
Carrier
600
Dec
43 % Jan
——5
Steel Co
1% Mar
6 Va
7% Dec
May
8% Jan
A—-—.——10
Clinch & Ohio Ry_—100
Carpenter
56
Jan
42% Apr
6% Feb 10
preferred
2,800*
36%
35%
;
/7,000
5%
x5%
36%
35%
36%
*104
37%
104
12%
*113%
65
5%
7V8
31%
21%
62%
5%
3 2'/a
20%
21
65
20%
62%
5%
*11%
20%
21%
62y4
21%
62%
117%
32
$3
Carolina
1,300
21%
12%
*30%
650
32
31%
50%
14
4%
11
28
119
32
31%
20%
4%
*111%
27%
117
116%
18%.
20
11%
117
250
54%
54
54
•
30% July
Jun
33% Jan
Mills
———No par
Administration' class A—1
Cannon
Capital
Jan
%
Nov
.
23 y4 Feb
—23
Canadian Pacific Ry
200
5,000
20%
*18%
111%
x!26
14%
14
4%
X104
128
128
*52
1
105
11%
31%
149
X37 %
38
*104%
12 y4
49
10%
116%
36%
49%
50%
50%
11%
49/
10%
10%
54
*52
62,600
11%
*49
10%
50
22%
52%
57.
15% Jan
Dry Ginger Ale
——5
Southern Ry Co—.—100
Canada
46%
46%
50
11
11%
50
10%
5%
36
147
*146%
11%
47%
64
5%
36%
111%
*46%
21%
21%
5%
18%
47%
32
*62
5%
20%
*46%
117%
*31%
21%
18%
Canada
54
63
20%
9,200
54
21%
14%
30%
10%
31%
14
30
10%
62%
50%
3bl/4
11
21%
49%
29%
*49
32
37
29%
11%
62
150
29%
24
% Jan
6
5
24
30% July
3
53% Feb
5
.—No par
Campbell W & C Fdy
50%
211/a
*147
2,100
11
32
37 ;
20%;
*49
32
5%
7%
20%
.
24% Jan
—50
1
Copper;
Calumet & Hecla Cons
7%
20 y4
47%
*46%
118
43,600
7%
20%
54
118
7%
7%
20%
10%
*52%
7,100
7%
11%
*49
iy8
20 y4
50 %
10%
11
50
1
29%
29
48
57%
1V4 Jun 28
No par
Packing
5% preferred
——
Callahan Zinc-Lead—..
California
2,100
.
7%
20%
30%
*56
1
1
1
27%
20%
7
.
1
*27%
57%
*56
571/4
*56
IVa
1%
6%
■■■/.;
57 %
*55
57 %
*56
28
27%
.
12
Dec
12
35
13% Nov
Oct
19% July
19
Sep
19%
Sep
2%
3%
j:
-
i
Jan
Jan
3
Jan
17%
Sep
Jan
26%
Dec
Jan
26%
Deo
15%
"15%
LOW
y
per snare
96
,
..
*106V2
39%
*106%
16
*4.9
39%
Jan
77%
Sep
7
92% Dec
13
37
Jan
73
Oct
No
par
84
Feb
14
98% Dec
13
79%
Jan
98
No
par
16 y4
Dec
7
98%
49%
600
38%
39%
4,200
45%
45
45%
15%
16
15%
15%
%
%
44%
:
'"'
16
'
tt
15%
n
%
93%
93%
93%
93%:
94
94
94%
94
28%
28%
28%
28%
29
28%
29
%
*23%
24%
*23%
24%
24%
.
.
25%
29%
30
102%
*101%
26
26
26%
29
29
102%
3%
24%
107%
107%
102%
3%.
3%
107%
24%
3%
5%
*5%
5%
30%
30
30
29%
29%
29%
29%.
*29%
3%
29%
11%
11%
11%
11%
11'%
11%'
11%
*11 %
11%
30%
31
30%
31
•17%
17%
17%
5%
5%
5%
/v'11%
'.."■30%
31
30%
5%
31%
17%
17 Vb
17%
17
24%
24%
•31% ?■:
17%'
24%
17
'"•■
7'-
36.500
1,700
5%
11%
500
29%
29
"
14,300
.
107% '
*5%
'5%
•
31%
17%
24%
400
24%
107%
107 y2
107%
*5%
30
*5%
3,400
11%
*
31%'- >32
17%
18%
It.
3.000
^
.
1,800
25
24%
21%
24%
24%
24%
20%
21%
21%
21%
21%
21%
21%
22%
21%
21%
9,300
18%
18
18%
*J.8Va
18%
18
19y4
19%
20%
20%
20%
14,700
52
52
*109%
29
8%
*109%
38%
10%
48
8%
9
10%
30%
31%
Continental
Continental
Motors
30%
31%
31%
31"%
31%
30%
30
30
30
17
16
16
16%
16%
46
46
370
13
6.000
3iy4
31
31
*30
17
16%
17
16
46%
46%
46%
*46
46%
46
46
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
49%
49%
49%
49%
49%
49%
49%
50%
*49%
20%
49%
21%
21%
21%
21
21%
21
21%
20%
21
56
56 %
57
57
06%
56%
56%
56%
60
60%
60
60%
60
60%
60 %
60
*181%
6%
6%
6%
6%
183
183
183
*181
6y4
*3%
3%
3%
3%
3%
26%
27%
26%
27%
26%
108%
108%
108%
108%
*108%
24
24
*23%
'
29%
39
49
23%
29
104%
103%
34%
34%
89
89
104
104%
34%
83
89
27%
28%
28
28%
16%
16%
16%
16%
26%
25%
29%
*28%,
29%
*28%
131%
5%
131%
21%
22%
22%
103%
*103%
103%
33%
33%
33%
89
7,900
35%
88%
89
28
29
28%
29%
16%
16%
16%
29%
107
30%
*
106%
9%
i3oy2
57%
58%
5%
131%
9%
131%
5%
;
•
30
107 y2
30
29%
107
150
•
-1-9%
24,900
i
.
400
130%" t30%
130
-
5%
'
5%'
'
'
1,500
58%
'
5% r
5%
28,300
v
'
17%
6,300
18%
130
*123%
130
*123 %
130
5%
18%
18
18%
18
*123%
•
58%
58%
57%
•
25%
26%
26%
26%
26%
26%
Aug
8
15
19 'A May
8
•
Sep
29%
Oct
16
Aug
20% Dec
15
Jan
18%
Dec
4
52
Nov
22
33%
Jan
47 %
Dec
102% Jan
5
112
Nov
22
89
Jail
29% Dec
15
16
Jan
23%
Jun
x4%
Jan
11%
Jun
96
Jan
1,10%
Sep
26%
Jan
36%
Jun
Jan
15%
Jun
49 %
Sep
Feb
15
7% Oct
30
20
105% May
10
41% Jun
43 y4 Jun
27
13 V* Mar 16
16
5% Jan
Mar 10
112% Aug 31
5
32% Feb 10
10
May 24
3
7
49% Nov 16
9
40%
Oct
107
Jan
Dec
9
4%
Jan
7% May
26% Sep 14
24 % Apr 4.9
33 Va Jan
22
25 Va
Jan
37% July
31 % Dec
8
18%
Jan
27% July
12%; Aug 12
19% July
47% Dec
9
13% July
5
38% Feb
29
10% Jan
4
47
Mar 20
15% Jan
52
10
29
61% Oct
Jan
3
7y4 July
1% Jan
6
5
7
20
20
Jan
3
16% Jan
3
27% Feb
45
Apr
53
Aug
Dec
17% Aug
37
Jan
53%
Jan
61 Vs
Dec
186%
173
47
Apr
May
Sep
6
2%
Jan
6
Aug 18
14
Jan
2% May
27% Jun
14%
28
Oct
3
111
15
Jan
13%
7
Jan
45
184% July 10
5
18% Feb
x9%
July 31
—1
104% Jan
5
25 y4 July 12
57
Dec 11
3
Jan
May
22% July
95
Jan
16%
25% July 11
29% Dec
9
Jan
23% Mar
Jan
23 V8 July
9
108 Va
Aug
1
39
Aug 21
18%
Jan
31
Jan
3
49% Aug 29
22'/a Dec 15
37%
Jan
P: 47
Oct
9
11%
Jan
17
Oct
97 J/8 Jan
20
81%
Jan
99% Aug
28
Jan
27'A
Dec
—100
69
38
July
82% ^uly
100
^_io
.No
89
Dec
9
3
29% Dec
1
11% Feb
10
17 '/a July
5
112
22% Jan
4
Jan
No
300
pfd
.No
par
7%
Jan
14%
Jun
Feb
115%
Dec
105
1
22% Aug
10 %
Jan
25%
Oct
15
18
Jan
26%
Jun
100
Jan
1%
'
July 11
7% May
Jan
17
Oct
107
Jan
30%
11% Aug 31
140
25
116
Dec
45 %
Jan
58% Dec
8
7% Nov
10
5%
Dec
Sep
9% Apr
19% Nov
9-
10
14%
Nov
24 Va Mar
96
Feb
119%
Nov
157/a
Jan
26%
Jun
3%
Jan
127
114%-May 20
21 % Apr
Jan
109 % Nov 12
4
Apr 24
4% Jun
6
14% Jun
9%
30% Dec
41
—1
Apr
Dec
Nov
*66
Oct
29% Mar 15
5% Aug 25
97
1
Davega Stores Corp
5% preferred
Davison Chemical. Corp
101
No par
Cutler-Hammer Inc
144
18
par
22
37% Nov
4
22% Jan
A_.
4
4
25
par
Dec
Jan
Jan
—100
—
105
20% Jan
5
preferred
Curtis Pub Co (The)
$7 preferred—.
Prior preferred———
CurtisS-Wright ——--—
5,600
3% May
Jan
Jan
28
:
3,400
July
15% Feb
.:
Cushman's Sons Inc 7%
'•'"'
•
25%
25%
25%
12
14% Jun
45
30
Inc_
%
13% July 19
32% Oct
4
Apr
24% July
105
.No par
4%%
Class
30 >/4 Nov
"■
Nov
5
preferred
Press
24
44'/2 Jan
'
Cudahy Packing Co—
Cuneo
Feb
52% Apr
—100
1,000
30%
107
9%
9%
9%
130
'
Jan
2%
par
.No
Sugar.
4,600
26%
26%
26%
26%
107
7 %
7%
par
.No
————
Cuban-American
27
16
par
preferred—
1,930
*142
*142
29%
9%
16%
6'/a Jun
25
,,
of Amer-—
preferred
5%
Cuba RR 6%
Jan
173% Apr
—_2
.No
$5 conv preferred—
Crucible Steel
Jan
91%
5
.No par
preferred—
Zelierbach Corp—
Crown
15%
4
100
preferred-of Wheat. Corp (The)
conv
$2.25
19
108% Oct
—1
Crane ' Co^——
3,900
•
28%'
16%
/
1,100
■•
28
16%
27
130
*123%
130
25%
340
88%
18
18
is yB
*123%
25%
.
5,200
22%
'
5%
5%
is
18
17%
*123%" 130
21%
33%
53
58
58%
5%
5%
25%
9%
131%
58
58%
58
100
88%
,107%
10%
9%
132%
131%
1,400
'
1
10%
*107
107%
*107
107%
9%
38%
48%
25% Oct
15
-25
—
29%
*37%
23
100
Crosley Corp (The)—-_—
Crown Cork & Seal
*48
27
Trust
Refining-^—
—————
2,700
48%
.—1
Corp.. —1
Co—— ,_20
29%
88%
'
—5
—5
29 y4
33%
16%
,_20
__$ 2.50
Cream
104
par
No par
1.000
38
21 y8 Feb
102% Jan
4% July
Jan
Inc_——
Internat Corp—
5%
17
7
24%
48%
*37
103%
Coty
Coty
3l/a Feb
Jun
'
4%
24%
89
27
26 y4
450
49
*142
27%
10.300
34%
*142
*142
*107
103%
1.800
1,800
26%
26%
108% 109
-
6%
3%
Preferred
13
30
24%
'.
29%
29%
21%
28
28
*16%
•
26%
24
Products
6
108%
■
36%
*48%
104
33%
*88 y2
24ya
29%
21%
26%
108%
109
36%
29%
49
34%
*28%
23%
37%
X21%
3%
Exch
Corn
102% Dec
23% Nov
——
Electric
Bank
Corn
23
27% Mar
No par
—No par
prior preferred
——No par
—5
Copperweld Steel Co_.
Conv pref 5%
series——— -50
50
6%
95'% Jun
Nov
$3
470
Dec
5
17%
Continental Steel Corp
3.500
3%
16*
Dec
20
Cooper-Bessemer Corp
Cornell-Dubilier
24%
Jun
31
25% Oct
Del_i
of
Oil
60
56%
.
: 3%
6 %
3%
6%
3%
26%
108%
109
37%
1G4%
27
3%
*182
8.300
Continental
184
59%
60 y4
180
21%
56%
56%
2,000
50%
20%
.184
*182
6%
26%
27%
*48%
182
6%
.6%
49
21%
*
21%
*142
183
38y2
38
*48%
21%
21
29%
29
29%
38%
*48%
60
3%"
23%
24
56
182
700
31
12%
-
18,200
32
25
Jan
28
10
3
Insurance
32,600
30%
*46%
47%
,
3.200
8%
Jan
10%
27'
18% Jan
4,200
10%
17%
'
21% Jan
20% Jan
Jun
21% Mar
-20
49y4
11
4
Nov
.100
8%
Jan
Dec
Nov
Inc_
10%
2%
26
3
preferred
48%
23
5
Continental Diamond Fibre
8%
July
8% Feb
9%
Continental
10%
>
1 Va May
24%
8.200
49%
Dec
27 ;
13
Corp of America
8%
82 •
Jan
7% Jan
Pow $4.50 pfd—-No
Can
Jan
21 Va
15
110%
8%
Jan
36%
29% Nov 13
1
18% Dec
37%
300
l'/8 July 13
15,
"a
94% Dec
3
•
3
110%
38
Sep
Jun
July
3
Jan
2% Jan
Consumers
10%
30%
16
16% Jan
Consolidation Coal Co——— ..25
._50
$2.50 preferred ——
„
48%
30%
44%
Jan
12
38 %
49%
•
conv
8%
11
49
Jan
9%
-No par
.100
pfd..
pfd—
Consol RR of Cuba 6%
$1.25
8%
10%
,
29%
July
-Jun
Jan
110%
8%
50% July 15
18% Jun 16
41
44
11% Jan
Continental Baking Co—
37%
107%
—1
Aircraft
4.500
*109%
Jan
par
Natural, Gas_—i. -15
2,000
•
Jan
104%
—5
9orP--—
8%
38%
48%
8%
xl7
Laundries
Consol
par
370
110%
29
-
25%
16
.—I
29 y4
'
110%
49 y8
8%
No
*8%
29
29
38 y4
10%
48%
9
29
$2 partlc preferred
Container
109%
*
31%
31%
17%
47
10%
48 y2-
110%
8%
30%
30%
17%
10%
48
8%
109%' 109%
-
8%
38%
38%
110%
*51
No
100
52
*50
8%
110%
39
28%
8%
39%
10%
47%
29
8%
109% 110
*
109%
110%
*28%
8%
8%
109%
38%
29
29
8%
*108%
109%
52
*50
52
*50
110
109%
110
28%
52
$5 preferred
Consol Film Industries
25,900
.
.
—-No par
Consolidated Vultee
1814
*50;
Jan
19
Oct
% Feb
79
-25
Congoleum-Nairn Inc———No par
Consolidated Cigar———No par
'».
$4.75 prefeired
——_—-No par
5
Consol Coppermlnes Corp
—
Consol Edison of N Y
—No par
Consolidated
20%
24%
30%
'/2 Jun
24% Jan
Commonwealth & Southern—No par
$6 preferred series—
No par
12,500
:
25
25
15
43
18
2,000
24%
3%
24%
24%
49% Dec
108
,
15
Co—
Jan
9
3
14 y2 Apr
Edison
% July
19 % July
11
40% Feb
2,000
.
23
.
Feb
37 '/2 Jan
105
No par
:
■
100
*——
Conde Nast Pub Inc
102%
102
102%
X102
preferred
conv
Commonwealth,
29
3%
107%
107%
107%
107%
23y2.«."
26
X29
v.
10
—
'1.000
24
23%
26
30
24 y4
24
24%
-■23
Credit
No par
4,900
29%
,
4%%
Apr 24
39'/a Jan 25
—No par
preferred
$2.75
Commercial
16.200
•'•
*25%
v.
102%
3%
3%
3%
24
24%
107%
25%
30%
*101%
3%
3%
25%
99
.
24%
25%*
•M-.
„.
Commercial Solvents—
"
•
Pictures
Comm'i Invest Trust
78,300
■
94%
28%
■
Columbia
Co__
Carbon
Jan
7.800
r
n
-■••
•
Columbian
76
9.200
16
,
%
.
100
45
44 y4
45%
-15%
2,400
108
*106%
28%
29%
102%
•24
400
49%
93%
i■" 24
*100
•
39%
28%
251/4.25%
29%
'■
22%
28%
28 %
.
40 V2
Feb
49%
44%
.
12
70
39%
16%
U
97% Dec
100
49%
45 %
Jun
3
preferred__
49
15%
V
share
5%
Jan
preferred series A.
22
107
1%
■
6%
39%
107
6
5 %
39%
107
5% Mar
■
60
21%
*106%
3% Nov 27
par
$ per
1.000
22
•22
-No
Columbia Gas & Elec_
Highest
$ per share
93
98%
»•
Year 1943
$ per share
share
..'97
,
49
107
*106%
107
*97
97
61.900
•
t per
Par
Lowest
„
100
*92%
■■
Lowest
exchange
Shares
4I/a
94
93%
.
92%
98
45
45%
24
92%
98%
*97
39%
49
%
95
49%
22%
15%
96%
21%
48 %
45%
96%
22
39%
107
96%.
92%
....
4
Range for Previous,
Range since January 1
Highest
;
stock
york
new
the Week
share
per
4%
3%
92%
22
22%
t
shar«
96%
96%
49
23
39%
4%
4
96%
39%
22%
*48
..
96%
*96
96%
*92%
92
92
92
92
*95
$ per
97%
97 y2
97%.
97
»
9(3
4
3%
4
3%
4
Dec. 13
$ per snare
for
stocks
...
.
Dec. 15
Dec. 14
1
Sales
Friday
Thursday
Wednesday
per snare
f
per snare
•
3%
HIGH SALE PRICES
Dec. 12
Dec, 11
Dec. 9
i
AND
Tuesday
Monday
Saturday
Monday, December 18, 1944
CHRONICLE
THE COMMERCIAL & FINANCIAL
2660
Nov
7
28 "
27% July 17
D
"
*23
25%
*23
25%
••>*23
15%
15
15%
15%
16%
109%
34;'>
15%
15%
110
34%
34%
25%
*23
16 y8
109 %
110%
110%
34%
34%
*23
■
13%
13%
25%
*109%
13%
*12
25%
13%
*23
5
34%
42 y8
41%
*35%
*22%
23
34%
33%
34%
8%
7%
8%
41%
42
36
*35%
'
34%
35%
22%
15%
111
41%
36
22%
41%
*35%
41%
23
7%
20%
20%
20%
20%
20 %
20%
20%
20%
*62%
66%
*62'A
67%
*62%,
66%
62%
62%
39%
39%
39%
38%
38%
40
39%
*32
40%
8
1,100
—20
-10
Delaware & Hudson-^—___——100
Delaware Lack & Western
—50
Detroit Edison———20
Detroit Hillsdale & S W RR Co—100
34%
8,
32%
32%
33
33%
33%
40%
40%
40%
*40%
15%'
16
15%
16%
35%
35%
35%
105
*104
35%
35%
*104
105
34
16
36
36
105
105
37%
105
.5,900
66
40
41%
16
85.200
20%
20%
19,600
9%
*63
40%
33%
40%
16 y8
*104
105
20%
300
35%,
8%
66%
39
40%
35%
8%
20,%
*62%'
22%
22%
35
34
8%
16
35%
35%
105
39
33%
8%
41%
36
32%
-
16%
16
7%
41%:
35%
*35%
20
Preferred
Devoe
34
34
Diamond
*41
42
16%
37 y4
36%
105
*103%
500
3.100
13,100
400
100
6%
partic
Distil
19
*18%
19 %
19%
*18%
19%
*13%
19%
48%
48%
48%
*48
49%
47 %
18
*47
48
110
46
45%
45%
x45
45%
45%
45%
45% :•
46
2,600
Doehler Die Casting
22%
22%
,23%
22%
23
22%
22%
22%
23
22%
23%
8.800
Dome
22%
68
68%
63%
69%
68%
69
68
68%
67%
68
69
69 y2
4.400
123%
124
123
112
112
112
53%
54%
52%
53%
13%
13%
13%
13%
13%
*18%
18%
18%
19
*18%
156
156%
*126%
156%
126%
126%
114
*113%
114
158
122%
*121
122
112
,
53%
53
112
*111%
112%
*
53%
57%
57
13%
13%
13%"
13%
18%
18%
18%
18
58%'
13%
,
18
'
l7fi%3
4.600
*18%
18%
400
157%
157%
>126%
126%
*126 %
126%
126%
126%
300
$4.50
>113%
114%
*113%
114%
113
113%
230
Duquesne
157%' 158
13%
13%
13%
-13%
13%
39%
39%
39%
39%
23
,;"v 23 %
23%
22%
22%
174
172
172
*185
188
>185
188
51
51
173%
188
50%
,
22%
173%
51
23%
23%
51%
*22%
23
'•172 y4
174
*185
186
,
.
■
12,400
Eastern
2,200
3.700
1.800
51%
51%
51%
51%
51%
X23%
23%
24
24%'
1,100
44
3.400
15%
23%
23%
24%
44%
ii%
44%
44%
44
14%
13%
14%
14
14%
14%
■
'
•'
II
5 k*?-05
45-;/'H5
14"
"
'01
5%'
•
98
44%
•.a
3%
3%
■M «•' 3%
104%
97%
44%
33%
14'
,'5%
i
5%
98
33%
19"%
14%
,U
103%
"2
104
*34
19%
98
98
5%
3%
3%
106
99
106
99
105%
34%
33%
34
33%
34%
*33%
34
1,200
El Paso
19%
20%
19%
*67
105%
106
19
19%
68%
106
*67
*105%
xl00%
For
*67
106
15%
101
19
68%
106
16
16%
100
100%
4,300
Emerson
Electric Mfg
68%
68%
100
Endicott
106%
170
18%
16%.
101
17 y8
101
55,900
450
103
103
xl02
102%
103
103
103
103
380
104
104
*101
102 y4
102
102%
102%
102%
930
1%
1%
1%
1%
13%
12%
13%
13%
68%
page
2667.
12%
13%
67%
68%
1%
13
'■
12%
*67%
1%
1%
1%
1%
1%
8,600
13%
12%
13%
13%
13%
19,100
13%
68
13
13%
13%
68
69%
69%
13%
70
105.200
2,400
4%
48%
Apr
35% July
Jan
33 Va Mar
37
Jan
42'/«
8%
Jan
17"
21%
Jan
35%
Nov
May
Oct
J.0O
Dec
Apr
15% Jan
14
Dec
9
83 %
Jan
3
20% Sep
20
10
Jan
43% Jan
5
49
Nov
22
38%
Feb
45
July
•33 y4 Jan
4
46% Dee
9
22%
Feb
34
Dec
27% July 12
72% Nov
2
15%
Jan
25%
44
Nov
73% May
95
105
21% May 12
47
May 13
114%
122 %
Aug 30
58% Dec 14
Apr"26
5
1106%
131
Jan
16% July
Nov
Sep
153
May
Dec
107%
35%
10%
Dec
11% Feb
19% Dec
7
9
Jan
13%
Apr
137
Feb
7
162% Jun
19
134
Jan
159% July
No par
123% Jun
6
128 Va Dec
7
124
Dec
130
Dec
15
'120% Jan
20
115%
Dec
121%
Sep
10% Feb
28
97/B Nov
11%
Dec
100
*
-
113
33
14%
July
41
31 %
3%
Jan
146%
Jan
176
195
4;,
■170
;.May
■
Dec
15
9
X173
Sep
15
35
Jan
15
11%
Feb
j:;
19, -,'7<Sep
15% Sep
1.
■10% Nov. 20
Apr 18:
4t
"3% Jan
Aug
24% Dec
16% May
•37:% Jan
Jun
Sep
51% Dec
3,
ilO
Dec
44% July
8% May
Jan
5
7
Jarb
,;
15
3
Jan. 24
•
•
Dec
Jan
Feb
6%
157
6
16
25% Dec
Apr 25
175
41
113
7
25
!
39 %
6 % Oct
V8
Jan
8%
Nov
1%
Jan
30
45% Aug 18
15% Dec 15
13
184
::
Jun
"
45% July
.
14.
July
.-.Mar
5% May
6% May
3
1%
Jan
81% Apr
25
110
Dec
14
31%
Jan
92
Nov
78
24
102% Dec
15
28 %
Jan
88%
Nov
No par
39 % Apr
33%
Jan
42%
3
27% Feb
47% July 11
34% Nov 27
23%
Jan
No par
4
50
Co
'■-.3% Nov, 17-
15
Apr
Sep
28
7
13
57 % Jan
25
100
101% Jan
19
1
par
par
par
par
8% Jan
3
5% July
20'/8Dec
17 Va Dec
Sep
Sep
9
7
49 %
Jan
3
68% Dec
106-5
X32
101%
Dec
15
2%
Jan
58% July
103%
Dec
9%
Sep
54
Jan
92
Sep
87
Jan
3
103% Oct
26
89
Jan
3
105
Nov
4
57%
Jan
92%
Sep
92% Jan
10
106
Nov 16
62%
Jan
96
Dec
% Apr
25
1% Mar
4
%
common
No par
9% Jan
4
13% Mar 22
.8%
Jan
16% May
of benef lnt
No par
9% Jan
3
13% Dec
Jan
100
46% Jan
3
70
r8
39 Va
16% May
52% May
RR
Ctfs
Mar
26
Jan
preferred
Engineers Public Service
$5 preferred
—
—No
$5% preferred
No
$6 preferred
-No
tEquitable Office Bldg—No
Erie
1
<
17% Jan
7
Jan
Johnson Corp
105%
103%
13...,
12%
65%
see
.19
68%
106
103 y4
*104.
footnotes
19%
106%
Sep
40
14
5%
Natural Gas—
101%
13%
Battery
33%
101%
65%
101%
Storage
101%
2%
102%
Dec
No par
No par
Electric
101%
J
$6
preferred
preferred
3,700
101%
65%
102%
4,000
34.
9
In1 Am shares
Electric Power & Light—
44
101%
1%
$7
10,900
43%
15%
13
8,900
4
43%
15%
1%
109%
43%
15%
12%
Elec & Mus
108%
5%
44%
15%
106
100
3,600
5%
3%
5%
4
110
43%
15%
104
100
*5%
3%
108
41% Oct
8
Dec
14% Nov
Stainless Steel Corp
44
15%
*102%
4
5
10% May
22% July
7
cum
43%
15%
*103
5%
107%
18
3
28% Jun
Jan
19
11
,-10
-•
44%
68%
*67
68%
106
5%
105
32,000
Airlines lno
34%
43%
20%
*67
45'
5%
104
*105%
45'•
13%
14%
3%
3%
•)
Oct
65
Feb
29y4Jan
52
Jan
8'/4 Apr
Eastman Kodak
6%
1
28% Jan
—5
Co———No par
preferred.*.!
—,100
Eaton Manufacturing Co^_i
„<-4
Edison Bros Stores InCo-———*,^2
Elastic Stop Nut Co._i
—*"U1
Electric Autc-Llte (The/J—
4.5,
Electric Boat
—!
,-i3
Eastern
21% Nov
17%
3%
9% Mar 22
3
12
36% July.
20% May
106% Jan
Eagle-Picher Lead Co-
23%
5% Jan
18% Jan
Jan
Jan
167/s
6
Jan
8%
5
23 % Dec
1
1st pfd
12,800
186
22% July
17
No par
20
—;
Light 5%
12
17
•17 y2 Jan
No par
& Co
(E I)
preferred
29
"17% Jan
43
:—l
13%
; 176
*185%
44%
,t
•
22%
174
-No par
41
13%
39%
--—No par
Corp
de Nemours
P
114%
39%
50
Du
126%
13%
23
Duplan
par
——~
-
Jan
42
International
•157%
114
39 %
-
3.900
Dunhlll
Jun
24% Sep
July
Jan
17 % July
5
37% Dec 14
$4 preferred series A—
Dresser Industries
116
10
26
29
Co———No par
No par
Douglas AircraftDow Chemical Co—1
157 %
13%
171%
-
159
158'
Mines- Ltd—
Jan
108%
3
11
————No
A
*126Va
126%
114
39%
-'*185
17,900
33%
13%
187
300
57%
13%
38%
' 23%
-»*i85> f
1,600
112%
56
13%
V-S8%
120
120
*111%
38%
:-"13%
50
122%
123 %
*111%
123%
112
Class
12
41 % Oct
45% Jun 27
36% Oct
3
13 »/4 Jan
Co„————No par
Cup
19
45%
113 Va Apr
36% Apr 18
32% Apr 18
38% Mar 31
100
47%
Jun
--No par
Ltd
Corp-Seagr's
19
x27% Feb
preferred—
5%
Dixie
Mar
Jan
2
25
preferred._—
19%
121%
par
Diamond T Motor Car Co——
48
112
No par
——No
46%
*47%
——.—
Match
46
*19
par
——
& Reynolds A
1,290
2,300
16
No
———
Deisel-Wemmer-GUbert
40%
% 19
12
1
&
23 '
Jan
20
5
Records Inc~
Deere
*22%
17
16'% Oct
21% Jan
Decca
4.600
Co
23% Oct 30
109% Dec
1,200
'
Oct
13% Nov 29
12
6% Jan
100
120
35
41
-
7%
4
19% Mar 17
13% Jun
——1
Dayton Pow &«Lt'4%% pfd
111
35
40
32%
*40%
34%
34
8
—25
(The)—_1
41
•
33%
15%
35%
41%
35%
*22%
25%
*110
35
34%
35%
•
•i
%'
35
111
*110
111
23%
■
15%
15%
23%
•'
13%
*12%
13%
•
*13
■r
*12
*12
*13
5% pref series A
1% Dec
15-"
Dec-15-
-
Jan
Jan
Volume
RECORD
NEW YORK STOCK
Dec. 11
Dec. 9
*
per share
n%;
per snare
12
11%
s
-
90
*84%
90
*84%
!
s
-
i6%
46
88
Va
16'/a' T
17
f
16%
~
17%
*4%.
4%
4%
*4%
.
4%
•
5
4%
4%
4%
4%
■
15
84% Aug 24
19
13% Oct
4
9% Apr
18
17% Dec
14
21% Jan
3
47'A Dec
1
Exchange Buffet Corp
-3
2.50
2% Jan
25
Dec
15
& Co
..No par
Ex-Cell-O
2,400
Co
Products
Evans
2,000
Corp..—;
..
5
Highest
per share
6% Apr
-
Cleaner
Vacuum
8,900
•
per-share
78% Feb
Eureka
3,800
'
$
—50
_—5
—.—5
RR Co—
Erie & Pitta
'
17%<
46%
-
Year 1048
Lowest
Highest
I per share
Par.
'
4%-' '
4%
■
17%
46%
'
■
'
•'
12 Va
46
17%
45%
Lowest
EXCHANGE
Shares
90
11%
17%
■
45%
45%
45%
46
11%
45%
16 %
Bnnge for Previous
Range since January 1
STOCK
NEW YORK
the Week
share*
*84%
12
*83
12
11%
12
12'/a
12
..
46
46%,,
* pc
share
per
1
16%
17
..
S
88
CO
90
'
t
Dec. 13
S per share
per share
*84%
■
Friday
Dec. 11
Dec. 13
Dec. VI
Sales foT
Thursday
Wednesday
Tuesday
^Monday
Saturday
STOCKS
HIGH SALE PRICES
LOW AND
2<
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4343
160
68 Va
78
Jan
3% Jan
share
per
Nov
9%
Jun
Jan
14%
Jun
Nov
29% Mar
Jan
3% J my
5%
20
%
•
f
'
'
41%
42%
42%
24%
24
13%
13%
13%
13%
i
»
'
17%
13%
;
V
>'•
9%
105
25
24%
'
51%
52%
56%
57
57
57
108%
107%
43%
43%
x42 %
42%
42%
42%
24 Va'
23%
23 %
23%
24
23%
113
*109%
*109%
113
41
107%
107%
113
*109%
113
7
41
33
33%
33
33
6%
40%
41
*40%
33
'
■/
32%
*31%
33 Va
33
6%
6%
45%
*15%
'
47
47
47%
47%
47%
*47
46%
46 %
15%
*15%
15%
*15%
15%
*15 Va
15%
*61%
63
*62
63
X62
62
62
63
29
X27%
28%
28 V4
28%
25
x25
62%
63
63
28
27
27%
25
25
25
25
16%
17
16%
16%
32
25
♦
16%
16%
16%
16%
•
•
32%
32%
32%
32 Va
43
43
43
32%
2,200
90
41%
41%
42%
42%
114%
114%
114%
114%
5%
5%
6
6
6
5%
6
4%
4%
4%
4%
4%
4%
4
4%
*16%
16%
*16%
16%
4 9'A
49%
49%
52%
16 Va
16%
*
114%
114%
114%
32%
5,000
43%
43%
3,500
114%
114 Va
43%
114%.
114
•
'
!
*16%
17
49'A
49
16 V8
16 Va
.
72
6%
6%
110
52%
*52
51%
•
'
8%
8%
16%
16
16%
54 V*
2.210
16%
*16%
16%
72
*64%
7
57
53%
53
53
8%
8%
*108
109
8%
8%
-
*156 '/a
*156%
160
14%
15
6%
19%
19
19%
119 Va
118
118%
*154
158
*154
158
110%
39
39 Va
110%
*109%
t.
54%
10%
10%
10%
10%
10%
23 %
22%
22%
22%
22%
9%
9%
9%
x9 %
9%
*io%
11
22%
9%
2
1%
1%
'
•
*122
*122
4
4%
4 %
26%
26%
x26%
26%
27
*28%
29
29
29
113
*111
113
*111
■
24%
104%
104'A
104%
13%
13%
24%
24%
104%
,r
24%
13%
13-
%
103%
24%.
50%
50%
"50%
"3%
3%
3%
53%
53%
53%
103%
104
103%
50'A
51
49%
5%
5%
5%
50%
3%
111%
"111%
15%
15%
15%
53%
103%
103'A
49%
50%
5%
5%
5%
7
4%
14%
:
4%
4%
4%
18%
18%
14%
14%
14%
14%
14%
42%
"41%
42%
"41
43
*41%
42%
24%
"24
24%
"24
24%
*24
24%
14%
42'%
24%
,
5-'/«
18%
14
"14%
1.4%
15%
5%
4%
18%
,
15%
;■
18%
4%
*18Va
4%
18%
112
*111%
15%
5%
3%
165
53%
112
11.1.%
51
51
xl65
50%
15%
25
24%
104
49%
-
105
*104%
14%
■7
42
41%
24%
*24
25
3,000
1,000
1,800
54 %
210
5,700
;
103%
600
50%
50%
15,300
103
111%
111%
16
i.
16
k
5% ,7 5%-
4%- !;
4%
500
2,500
44,100
4,900
41%
900
6,700
42%
...
18%
14%
18%Xl4
700
24%
*24
200
16%
16%
16%
16 %
14%
14%
16
14 Tit
16'A
Xl4%
16%
16%
9.900
44%
43%
44%
44%
44%
45 %
46%
43%
45%
84,300
44%
44 %
44%
29%
29%
29 %
28%
29%
x28 %
28%
28%
3,300
29%
29%
29
30
; 159
"1.57
53
i)
53
?3%: '"23%
'
,
'
(' V
%; '
27
23%
14%'
■"
62
27%'^''
5%
23%
t'
-
.
27.%
27
ouTr *180
14
14%^!. A
14%
14
61%
62%
62
62%
47%
47 %
47 %;
..
.
-
.
47%
:n'A
■■
62.%.-,
48i%0'/,
i'i'i
Kir;
27%
26%'
.
.
...
..61
'■
48 To
2,300
23%
11,600
200
28%
15,300
27 %
6 Vit
3,400
189%
230
6
15%
14
48%
53 %"
.
.
15%
15%
Jan
28
Jun
39,600
9
5
3%
Jan
7
30%
Jan
9%
Nov
23
Jan
13% July
22
39
%
Feb
54
16
Jan
18
20
Jan
4
13% Jan
13
Jan
15
30% Jan
3
—-—1
29% Jan
4
_25
70
103
100
Apr
13
10 %
Jan
19% May
7
16%
Jan
21
17% Sep
26
5%
Dec
15
130
116
18
66
Co„
—
Transportation
preferred—
Corp—
B'oods
58 Va Dec
10'/a Feb
11
8
General Motors Corp—
Gen Precision
Nov
6
109 % Dec
A
Tire
18% Apr
1 % Apr
19% Apr
Dec
15
Nov
2
4% Oct
19% Nov
13
Deo
9
27
6
14
19% Feb
8
2 Va May
12%
Feb
17
*104
Jan
par
No par
—50
—20
Prop—No
par
Jan
15 Va
Jan
108
14% Dec
4%
Jan
6
90 % Dec
60%
Jan
74
22% Dec
5
Jan
14%
Jan
7
Dec
59
Jan
85%
4
14%
Jan
22% July
41
Jan
48
xS3
45
Apr
2% Jan
3
104
25% Dec
52
26
Aug
1%
4% May
4
Sep
97%
Aug
24%
Jan
45%
Sep
98
Jan
104 Va Nov
21
83
Jan
Dec
9
25 %
Jan
41% July
104 % Jan
112% Jun
26
90%
Jan
108 Va July
8% Jan
17% Oct
5
51
36% Feb
102
4%
Jan
7
Aug
«
Jan
2% May
3% Jan
5% July
3%
Dec
6%
8
20
19
8
16.
3
42 % Dec
25% Mar 15
23% Jun 28
17% Nov
15
Jan
17
Jan
13% May
Feb
37
Sep
24
Dec
26
July
13%
Dec
18
Apr
21%
Nov
28
May 23
67
Feb
3
57%
Sep
54% Oct
13
31%
Jan
15
14'/a
Jan
Nov
105% Dec
No par
No
par
23
17
19% Feb
17.'
24 % July
105% Dec
11
138
27%
Jan
11
65
■
I
1.8
30% Nov
10
3% Apr
3
6 Va Aug
12
2%
>50
Jan
26
189% Dec
15
81 Va
Jan
6 % Jan
3
16% May 17
3%
Jan
12
25%
Jan
4D% May 19
44 %
Jen
33
62% Dec
3
42 % Sep
15
Jan
rSep
i-;21% Dec
Dec
123
Dec
/
T-
0V-"
,-17%, May
Jan
11
Jan
154
.
(id
Apr
10 Va
July
32% May
Jan
23 Va
9
Nov
57
3
13
46% Dec
14
xl4% Dec
Apr
Apr
7%
July
32 Va Jan
9%
29 Va
Oct
9% Feb
15% May 18
Dec
Corp
Oct
1% Jan
100
...
3% May
Jan
73%
30
100
Oct
Jun
Dec
163
No par
Sep
54% Jun
175
3
;
May
Feb
1
-No var
-
9% May
40
85 Va Jan
15
1
Jun
19
24% Jan
—100
Dec
25%
Jan
7% Jan
69
(The)
Ohio RR
113
Jan
18 % Jan
.
preferred-——
preferred
Jun
11% Jan
;
43% Feb
Gulf Mobile &
July
23% May
Jan
14%
25% Jan
Sugar—
Dec
91
24 Va
143% Feb
.
—
15Va
Jan
Jan
—100
preferred
Aug
23% Mar
16%
pfd—No par
No par
6%
25% May
~
105% Aug 23
99
—No par
10
Sugar
Western
Jun
115
Mar
60
31
July 15
113% Apr 22
25% Jun 19
——
Ore
8%
Jan
,
9%
3
110% Dec
Jan
(B F)__
preferred..
;■
15~% ~Ja~n
25% July 10
25
4
Jan
—„—1
Co
Jan
A
24% May
5
19
Telegraph Co——100
Iron
31
124
110
No par
—No par
—
4%
3
5
3% Nov 15
Nov
6»/a July
Jan
9
11
19% Apr
Apr
2 V4 July
—100
5
100
■
_
City Steel—
Nor
25
112
-No par
(W T)
107% Nov
24
39
13%
11% Aug 21
3
Oct
Sep
131% May
2% «Jan
17
No par
—.
preferred
conv
Oil
July
23% Jun
26
6% Jan
20
Corp
(The)—
Co
Guantanamo
*5
56
Jan
Grumman Aircraft Corp
Gulf
Jan
107%
Nov
*— No
Grevhound Corp
5,100
44%
17 Va
Bay & West RR
Green (H L) Co Inc
17,000
July 12
125%
Preferred
61%
July
4
Corp
Great Northern Ry
4 9'A
137
4
...No par
$5 preferred
——No par
Goodyear Tire & Rubb
No par
$5 convertible preferred—No par
Gotham Hosiery—
—No par
Graham-Paige Motors——
1
Granby Consol M S & P—5
Grand Union Co
No par
60
Nov
13% July 26
9
preferred
Goodrich Co
48%
128 Va
56% Nov
.
Dec
120%
18
66
20
preferred
Gold & Stock
8%
93
Jul)
83% ;Jan
26
14
130% Oct
106
Sep
Dec
3
Sep
3
Rubber Co
&
119%
Dec
3
1
Nov
140
28
74% Sep
Safety Razor,
4%%
Jan
1% Auf
4% Jan
14% Jan
tGoebel Brewing Co
Great
113%
3
36% Jan
$6 preferred
5%
44Va July
120
4
22% Jan
Telephone
conv
Great
Jan
,
125% Jan
—10c
No par
Gimbel Brothers
Grant
39% July
34
par
—
preferred—
Granite
Jan
-148
134% Nov
4
18
1
preferred—No par
Time Instru
32 Va May
30%
;
Jan
par
General Shoe Corp
4%^
Jan
98 % May
Jan
3% Aug 30
11
51% Feb
15
117
10
Jun
130%
4
43% July 12
5
2% Feb
9%
i
20%
Dec
40% Dec
40
Equip Corp—No par
Gen Steel Cast $6
Glidden
Jan
11
29 Va July 12
155
24
General Refractories—No par
$5
71%
119% Dec
Feb
preferred--—-—.——300
Realty & Utilities new——10c
General
18% May
4
35
Railway Signal—
6%
8% May
Jan
19
16
Gen Public Service—
Gen
Jan
7%
No
Adv
Outdoor
General Printing Ink
6%
Jan
2%
25% Apr
Jan
Aug
4%
81% Jan
Jan
Jun
151
12
11
Mar
Mar
7% July 10
19% Dec
.
Jun
9%
Jan
134
20
15% Dec
Feb
Common
Gen
5%
6
Aug
Now
—No
preferred
$5
Gen
9% July
161
4
115
Dec
51
3
102
11%
107
Jan
3
128
Jan
Jan
37
6% Jan
—100
.——10
No. par
preferred——
5%
6%
102
13
4% Jan
No par
$6 conv preferred series A_No par
General Mills
No par
Apr
Apr
27
11% Jan
Gen Gas & Electric A_,
53%
Nov
24
Feb
Jun
14%
Jun
54% Oct
109
21
28
7% Jan
6%
Jan
51
13
16 Va Dec
Jan
9%
14
Jun
Oct
3
3
100
preferred——;
"$4.50
30 Va July
4'/a May
6
Nov
Jan
-No par
No par
No par
.
Jan
19 Va
7% July 10
140
preferred
General Electric Co
14%
14
7
P
No par
No par
100
No par
—
Jun
Jan
28
22% Dec
143
4%
Jan
Jan
9 Va
18 Va Jun
41% Apr
par
Jun
54% Dec
1
5
;
preferred
31%
1%
% Feb
105
Jan
6
51
—No par
No par
5
38% July
2%
5 % July 10
13
5
preferred——-—-50
.
Sep
Dec
5
5
Dec
75
17
July
15%
Feb
29%
Sep
7
May
Jan
50
36% July 11
43% Dec 15
3
cl A—
Dec
Dec
25% Dec
29
26
General
Dec
16
4% Jan
cum
9% July
53
66% Jun
—
(The)—.
A
Jun
1
11% May
62 V2 Oct
Class
Jun
22 Va
5
Wood Industries Inc.
7%
;
8% July
58% Mar
5% May 16
43% Aug
39 Va
>53% Jan
Green
105 %
23%
185
80
66
53
6
-7X60%
-
*105
185
*180
14%,,:
J 62
66
158
*62
23 % h 23 %'
5%
-
185
',/' -y 47%.
'•
f 158
*104% -105%
5%
5%
5%'
•
52%; .52%
.
.
.
105%
182
182
14%
fl
47%
47 %
.
183
181
14%
"61%
53-
23%
"105
'
6
"5%
•
6
184
27%
*62
66
52
53
23%"
105%-' (
"105
105%
28%
28
28%
5%
v
"52%
23%
105%
'"182%
-
53%
23%
'53
'
"62
:
.
"62
"62
*62
66
66
66
158
1158...
158
158
158 %
"157
158%
158
-
19%
14
Gillette
3%
53%
12
14
21,100
51%
164
>
33% Dec
15% Sep
4%%
400
3%
3
25% Sep
100
5,900
51%
164
Jun
24% Jan
20
Gen
25 %
.
36
.„ho par
.——No par
General
.—
104%
*104%
Jan
preferred—
1,300
"
104%
53%
5%
,
4%
18
"103%
49%
50 %
18%
4%
4%
18
■
15%
16
103%
24%
24%
25%
17 % Dec
2,300
■(.;
31
112%
22%
3%
53%
26%
29%
*103%
169
169
26%
*111
400
50%
"3%
•
170
2,400
4,600
25%
53%
103%
112
"111%
111%
16
-
.
53
53%
"103%
1U%
169
172%
171
172
170
3%
3%
3%
100
108%
22%
104
50%
50%
50%
51
'
19 %
107%
89%
22%
25
*19%
7
22%
*88%
25%
24%
24%
24%
24
6,200
,
22%
89%
"103
I
89%
89%
104
: 10
17,900
4 Va
22 %
>
;
90
13%
22%
.
14
13%
22%
22%
103
"103
104
104
22%
22%
22%
22%
105
.
124 % 7
>
1,300
9,200
,
31
30%
4
r
,
15
$4.50 series A preferred——No par
...
14%
13%
90
"88%
90
"88%
90
*88%
24:,A
*104%
13%
13%
2.9%
112%,
*24%
105
104%
105
105
24%
24%
24%
27
26%
2
21%
19%
110
*111
■
•
2,100
1,500
108%
2
*120
Va
21%
Va
29%
29'A
112%
*111
•
19
108%
27%
28%'
28%
112%
21%
*
19%
110%
*26%
26%
28%
*111
24%
Va
*19
4
4
21%
21%
109%
19 %
109%
30%
124 Va
*120
-
4 Va
4
22 Va
22
108
108
105%,
106
*19 Vs
19%
*19%
19 %
19%
22%
22'A
22%
22'A
105
4
1%
1%
29%
•29%
123%
1,700
9%
?%
,
700
23'/a
22%
:,M
.
21,700
1,100
10%
*106
108%-
*106
1%
1%
28%
>,
9%
9%
9%
130
.
V
54%
10%
'.
23
23
23 VB
123%
10%
700
,
127%
54
?
13,900
:
64%.
*
7 127-
-
1
<
130%
63%
54
10%
r-i © CO
107 Va
28%
4
Va
1281A
54
6,200
139:
130%
j
63%
10%
*9%
125
63%
54%
23 V8
*
1
2
1%
*122
125
4
125
27 Va
27%
27%
27%
27%
>
108%
*107 Va
:
108%
1%
*107'/a
107%
*107%
,
129%
54%
128%;
130% 130%
....
(
117%'
117J/a
41% Dec
Aug 31
5
1%
660
3%,
*136
»
128 Va
64
"*128
128 Va
*52%
54
V
'
127%
54 %
*53
-.
63%
%
128%
*53
*128
:
63%
.
131
»
128
!
\
>64%
63%
64%
64%
64
1
139
120 ; •
120
•
(
41
3%
3%
*136
119
*130
''
130
130
130
*129%
3%
139
119
118%
118%
'
1
>
.
*136
140
*156
121
'3%
3%
3%
i
140
*117%
130
*129%
!
*136
120 Va
*117%
3%
3%
3%
3%
i' *136
f 140
•
3%
13
General Cigar Inc
.;
27,000
no
110
110
110
110%
40%
40 TH
40%
41
40%
110
110 Va
110
110%
34% Jan
General Cable Corp
;
<
40V^
39%
39%
39
39%
39%
■
41
40%
41%
41
41 %
41
39%
39
-
i
159
*156
159
*156
158
*154
158
par
44
4
18% May
3
Amer
July
July
35% Jan
4
conv
Jun
3
10
$6 preferred
340
109
109
—!
No
General Bronze Corp——...
1,200
8
25
2"% Jan
5%%
5.800
Jun
38% Feb
103% Apr
Jan
6,000
<
27%
43
Jan
General Baking—
118%
27%
Jan
11
Jan
^
Gen Amer Investors—
;
Jun
25%
Dec
57
15%
9.1hn
-
19%
19%
118
118%
27%
27%
6y2
Nov
19%
50%
2% Jan
■;» $8
7
15 Va
6%
98%
Jan
97%
Gaylord Container Corp
■
*154
39%
•
•■•■'"
^9%
19%
118
'
28
27%
28
27%
28
*
6%
19%
28
14%'
15%
6%
118%
28
160
*156%
160
14%
6%
6%
19V8
18%
117%
28
39
6%
156 Va
15'/a
15
15%
6%
<
117% 119%
19
18%
*116
*156%
14%
15 Va
6%
160
*156%
160
15
6%
6%
Jan
Jan
42
31%
Gen
-t;
78%
12%
14
4,000
.
7
12 % Jan
Gardner-Denver
Apr
25% July
19
(Robert)—
Co
Dec
6%
Jan
26% Jun
3.000
•
*
160
27
No par
-1
6 %
100
52%
52
1
a%
8%
16.300
109
1
Dec
15
27% Aug 21
2
53% Nov
3
Jan
.No par
pfd—100
Co——,
(The)
Inc
Co
Gamewell
190
-
'15%
15%
16
15%
*108
58 %
58%
58%
58%
16 Va
109
2,600
105
Jan
preferred ————20
1
Gair
Gar
5
Jan
17
18 Va
Jan
109% Oct
Co_;
Trailer
Gabriel Co
$3
22'A
22
22%
22
3,700
21.100
7%
7
7%
"
11
1
preferred
4%%
Dec
>
Feb
3%
4
Inc.
Sugar Co__
Fruehauf
32
100
preferred
prior
3
93
Corp—
10
Corp
——10
Freeport Sulphur
72
16%
*64'A
22%
53
6 %
Francisco
10% Aug 18
No par
F'k'n Simon & Co Inc 7%
900
53%
15%
8%
7.300
7Va
57
53
51%
52
8%
8%
S%
700
4%
54%
16%
*108
110
*108
6Va
4%
16
72
22
16
15%
16
103
*5%
4%
53%
7
57
*56
16
108
15%
15%
108
56
55
55
*54%
16%
22%
22%
22%
6 Va
4%
16%
*64%
7 Va
*5%
54
52
72
7
Va
*16%
16%
*64 %
7'/a
22%
22%
22%
*16%
-
72
*64'A
7
*64 %
*5%
Machinery
Foster-Wheeler
210
32%
32%
43
41%
*113%
Food
13
23% Dec
4
13
preferred——
conv
Food Fair Stores
290
.
130
130
.
12,800
16%
16%
16%
125 Va
124
1,000
25 %
25%
25
16%
124
*120
126
100
15%
'
32%
31%
25
25
*120
126
*125
128
27%
28
27
5%
12
Apr 24
Jan
Corp———10
Steel
Follansbee
510
,
Dec
par
No
Florsheim Shoe class A
3,500
7
6%
6%
6%
7
6%
Jan
18%
45
No par
400
,
86
24
No par
Co
Florence
500
41%
41%
41%
Stove
4
27% NOV
105
104% Jan
—No
(The)—
Co
Aug
26
22% Jan
-100
:
preferred—
$4.50
■:
15%
"
First
Flintkote
21
5
—$2.50
——25
Stores—
National
2.300
9.500
«
113
*109%
47 Va
,
.
preferred
4% %
"
*40 %
'
■
27%
32
108
108
Corp—.
Firestone Tire & Rubber
300
1
*31%
47%
*121
3 .'700
24%
*40%
15%
1,800
Fidel Phen Fire Ins N Y
■>
107%
43 'A
23%
(
Enamel
Ferro
f.
•
43
108%
62%
;
57
56%
!
*108
7
47
56%
24
32
*15%
56
56%
42%
40%
7
52 %
,52%
preferred
4%%/conv
300
1,900
•
19% July
105% July
29% Apr
6%
8
Jan
17
No par
100
—1
Dept Stores;
May
11% Nov
Jan
8%
19% Apr
No par
_
17% Dec
18
Mar
28
21
17
14% Jan
42
Nov
Nov
30% No*
2
14% Jan
—5
Federated
,
1
47% Dec
3
100
2
Corp
1,600
'
*109%
113'
*31%.
52%
52%
23%
23
40%
25
52
Federal-Mogul
44% Dec
3
9% Jan
•
15
No par
Traction
&
Federal Motor Truck
:
>
105
24%
42%
*108
'<
43
22%
*109%
52 %
..
104%
25
7.
500
'
105
24%
Light
$6 preferred
Federal.Mln & Smelt Co-.
3,500
9%
31%
104%
.
56%
52%
42%
9%
31%
25
52 Va
109
*108
.
105
!
56
55%
'
104%
*24 %
25
*24%
.
9%
31 Va
32
.
Federal
14
3
21% Jan
33% Jan
—20
Fajardo Sug Co of Pr Rico
Farnsworth Televis'n & Rad Corp_l
j-1-
2,300
.
.
31%
31%
5,400
'
i
24.
X9%
9%
*9%
4,800
15,500
'.
'.
25 Va
*23%
23%
23%
23%
;
17'A
'25
.25
*24%
25
!
104 Va"
*103
104%
*103
Fairbanks Morse
4,700
25 Va
13%'
16%
16%.
16%
16%
104'/a
*23
104%
104%
25
•',13%
32% 1
*32
,
104%
13%
13%
9%
52%
*52%
.
23%.,
9%
32
104%
24%
24%:
9%
9%
*104%
;
,
24%
13%
24%
24%
i
31%
31%
31.%
,(■
24
24%
16%
23%
24%
.*
*23%
24 Va
9%
24
<
24
24
*23%
•
44%
24
13 %
'
1.;
44
•
44%
44'A
'
44
23%
*103
'/af
104
*103
•
•
16%
xl6%
104%
*103
104%
i,
17%
17%
17%
*103
24'/a1
■
'■
43%
23%
42%'
23%
13 Va
24%
■
•
'42%
42%
24%
-
5
Jun
.160% Jun
„ 10 Vb May
s
41% May
50 Va July
>
i"-.
H
"33
*33
34%
*33
34%
27%
28
28%
28%
28%
28%
28%
X27%
20
20'%
20%
20%
20%
*20
20%
20%
16
15%
15%
1.5%
15%
*15%
15%
15%
'
15%'
"108
*106%
108
"
*152
*106%
18%
19 VB
18%
Va
*106%
—
*152
"108
108
107
—
*106%
footnotes
see
.
107 *3 /
—
For
3
.
8 i
page
■
18%
18%
*7%
8%
107
108
108
109
„i4
■
>
2667.
107
19
>*106%
109
*108
106%
106%
18%
18%
*152
*152
8
:
109
.
8
8%
107
*106%
.
—
8%
107
*108
*107
18%
21%
15%
109
22%
108
18%
x7%
Hall
1,600
Hamilton Watch Co
109
*108
10
108 Va
18%.
50
18%
*107
5,000
7%
108
*7%
*108%
*
7%
108
400
preferred class
Printing
.1%
Hanna
23
i
Co
preferred(M A) Co
Harbison-Walk
-
10
No par
—100
$4*.25 pfd—No par
Refrac
No
preferred——.—
Hat Corp of Amer clas« A
6%% preferred (modified)
6%
*152
*152
*106%
15%
2,800
35%
21%
540
1%
.23
Water
28 Mi
28
28%
28%
20
8
34%
*33
34%
*33
35
Hackensack
34%
*33
par.
100
l
100
27
Apr
27% Sep
15% Mar 33
11% Apr
106
33% Nov 13
4
38
28
22 % Dec
.
16 % July
26
Dec
14
15 Va Apr
24
21
Jan
6
152
138
.
5% Jan
104% Jan,
14
5
3
107
Jun
102
15
July 7.4
11
.
5
111
Apr
,
May
Sep
Jun
38
Apr
12%
Jan
18'/a July
9
15%
Vg Jdn
13
4
135
Va
18%
Jan
Feb
27
July 12
86V, Jan
July
144 Va May
•
4% Jan
Jun
110% July
104% Mar
12
July 10
Dec
8% Jun
110
28 Va
35
22% ..Feb
7% May
109%
Oct
RECORD
NEW YORK STOCK
V per
$ per share
$ per
share
9%
9%
9%
7VB
7'%
6%
71/8
108%
1081/4
107%
7
108%
7
107
'
21
*70
21
21%
21'A
211/4
*21%
21%
,21%
*71
72
72
73%
73%
73%
*72%
*167
170
*167
23%
24%
24
*129%
131
*129%
72
72
*71
73
*72
*72
128
*125
128
*125
128
*125
128
*125
24%
25
*43
44%
*43
*19
20
,
'
*19
20
*22%
23
44%
44%
19
19
18
43
67
67%
71
•<
is y4
42%
44%
44%
*44%
16%
17
16%
108%
70%
71%
*70%
*108%
109
67%
66%
66%
11%
12%
12
121%
11%
12%
37%
36%
36%
35%
37
X35
2
2
2
2
2
*9%
9%
9%
9%
25%
26%
26%
14%
15%
15
15%
10%
10%
10
10
5,100
26%
27%
27%
27%
6,800
30
21%
74%
73%,
*19%'
39%
40%
39%
40 %
39%
105%
*104%
105%
105 %
105'A
*105
107%
106%
107%
*160%
*160%
83
82%
82%
11%
11%
12%
*8%
8%
20%
2,300
19%
19%
2,200
40%
5,100
39%
39%
106%
106%
*105
*106%
38%
38%
38%
—
82%
83'A
si
84%'
12%
11%
12
11%
12
8%
8%
*8%
38%
38%
105%
*105%
105%
105%
105 %
105 %
105'A
7%
7%
7%
7%
7%
7%
9%
9%
9
9%
9
184%
184%
*105%
9%
8%
183
81 %
82%
81%
82
81%
183
183
183
x7
80
80%
180
180%
180%
180%
2%
2%
2%
2%
2%
2%
2%
17%
17%
17%
17%
17%
*179
180
180
180%
180
29,300
300
1,800
8%
39%
40%
105%
105%
105%
7%
7%
7%
3,600
9
9%
9%
16,400
99
7'%
9%
8%
8%
2,000
*183
183%
81%
82
180
180%
•
80
500
185
82%
5,500
180%
410
19
73
Jan
128
Dec
17%
17%
17%
*79
79%
*79
4%
5%
5
28%
20%
89%
10%
514
49
Jan
71
July
8
100
Jan
118
Aug
Dec
14%
Jan
21
36% Mar 4
23% July 11
47% Sep
5
16%
Jan
21% May
25% July
28%
Jan
40% July
13% Jan
10
21% Nov
3
19% Dec
8
20% Jan
13% Jan
13
115
Oct
2
39
Jan
-No par
42
May
45
-No par
13% Jan
7
54
-No par
Jan
12%
47% July 13
17
Apr
Jun
117
Aug
31
Jan
42%
17
36 %
Jan
45
July
18% Aug 23
9%
Jan
17
July
Jan
Apr
31
Jun
,
Nov
30
44
Jan
Sep
72%
114
1
105
Mar
30% Feb
21
30%
Jan
41%
Apr
1% Jan
11
2% Jun
28
%
Jan
2%
Jun
Jan
12
10% Jun
5
4%
Jan
10%
Jun
5%
63
6
preferred-—100
non-cum
70% July 11
13% July
5,000
28%
28%
28 %
28%
28%
134%
134%
133%
133%
*133%
134%
21
20%
20%
20%
20%
20%
21%
90
90
90%
90
90%
90%
90%
90%
30,100
28%
135
*134
28%
'
10 %
9%
83%
83 %
84
46
*44%
45%
*44%
40%
40%
40 %
'40%
*92%
93
*120
139%
16%
17
9%
84
3,200
>
84%
v
840
45%
*44%
44%
44%
100
40%
x39%
40
39%
40
i
2,100
96
*92%
95
*92%
*91%
95
16%
17
45%
3,400
40%
139
*120
135
*125
84%
50
*44%
40%
*92%
94%
135
9%
84%
>
46,100
93%
9%
10
10
84
92%
91%
85
9%
10 y8
10%
83'
10%
45%
"16%
200
4%
16%
*120
16%
16%
16%
*120
139
16%
16%
95%';
139
'
100
.
...
17%
46,800
17
17%
16%
16%
16%
16%
16%
16%
16%
16%
16%
17%
3,600
18%
18%
18%
18%
18%
18%
18
18%
18
18%
18%
18%
3.600
18%
18%
*18%
19
19
19
19
19%
19%
x39
39
38%
38%
37%
38%
500
600
39 %
38%
38%
19
*18%
19
39%
*38%
39%
*143
*143
*143
*143
*142%
*142%
___
3
37% July 10
4
28% July
6
22%
Jan
29% Mar
8% Feb
4
16% Aug 23
4%
Jan
11% July
1% Jan
4
H
Jan
2% May
6
Aug
8
-—20
Feb
25
32% Nov
10
100
10% Jan
3
21% Dec
15
6% preferred series A
i—100
Leased lines 4%_————100
RR See ctfs series A—
1000
Indianapolis Power & Lt——No par
Industrial Rayon—;—_—-No par
$4.50 preferred A
No pa*
25 % Jan
3
56
Dec
15
46
Jan
4
77% Dec
7
8
Ingersoll-Rand—
Jan
16% May
31% May
Jan
48
4
Jan
13
Jan
4
20% Dec
15
25
20% Oct
4
11%
Jan
35 % Nov
15
42% July 12
32%
Nov
Jun
8
105% Dec
3
111% Nov
6
6
165
Sep
7
3
x87
Aug 14
158
Mar
71 % Feb
—_—No par
Inspiration Cons Copper
*
20
Insuranshar^s Ctfs Inc__
—1
Interchemical Corp.
No par
4%rio preferred—————100
Intercont'l Rubber
No par
Interlake Iron.
—No par
Int Business Machines—
No par
International Harvester.--—No par
Preferred
—_———100
12% July
9% May 11
7% Jan 28
29% Apr
104
3
67% Apr
Jan
6
Jan
27
144%
Jan
15
56%
Jan
Deb
3
162
8
Jan
18
18
17%
17%
17%
17%
17%
17%
17%
18
4.000
Jarvls (W B)
34%
34%
34%
34%
34%
35%
35 34
35%
35%
35%
3,100
*110
112
100 %
102%
x31
31
111
*110%
111
*90
102
*90
25%
25%
25%
102
*110%
111%.
102
73%
75
86%
87
88
87%
87%'
18%
18%
18%
19
18%
18%
19%
203/4
20%
*118
120%
*118
24%
38%
18%
18%
18%
19
1133/8
113%
*113
36%
35%
36%
23%
23%
23%
*23
38 %.
38%
38%
38
*8
38%
38%
8'%
76
8 3/4
8%
76%
76%
35%
8%
76%
8%
8%
76
23%
23%
233/8
23%
*23%
23%
*23
20%
2,000
Kalamazoo Stove
118
*20%
*115%
77%
27%
27%
27%
273%
27 %
27%
10
10
*9%
10
*9%
77%
*27
10
36%
36%
36 %
363/a
*36
36%
36
36%
36 '/a
36 3/8
36
*9%
*36
36%
35%
'
*20%
£0%
*115%
118
11%
13
13%
13%
42.400
35%
36%
36%
37%
2.900
20%
20
20
25%
25%
25%
25%
23%
23%
23%
X23 %
18%
xl8%
Mfg Co
i
900
1,000
23%
900
18%
2,800
(Julius) & Co...—
Kelsey Hayes Wh'l conv cl
Kayser
36%
23%
23
23
23 %
24
38 %
38 %
38%
38
38%
1,600
8%
2,900
Kinney
8%
76%
27%
10
27
.
36 3/4
36
800
Class
36
*35%
27%
*9%
10
200
390
77
1.700
4
92
20
37%
13
43
3
$5
Kresge
36
36%
37
1,300
36
36
36%
3.400
135
1,650
Laclede
r
Jan
Jan*
102%
20% Mug
19% Dec
Jan
6
45
138% Jan
17
144
——-1
—No par
10
...
1
27% Jan
31% Jan
~No par
No par
Apr
38% July
60
Jan
Dec
115
July
16% May
16% May
6%
Jan
9%
Jan
10%
Jan
18
Jun
July 27
27%
Jan
32%
Apr
Jan
145%
Jun
Dec
3
4
135
9%
<
18%
Sep
Jan
16% July
Feb
26
34
July
109% Aug
92% Sep
99% Mar
15
25
9
25
10
70
Jan
78
Aug
79
19%
Jan
26%
Aug
Apr
79% Dec 15
90% Dec 15
20% Dec 15
54
Nov
65
Apr
64 %
Dec
82
8%
Jan
105
3434
111
55
27%
Dec
Sep
Dec
May
July
21% Aug 18
124
Feb
Xl2%
19
Apr
12% Jun
19%
127
Sep
Jan
10%
Aug
Apr
Dec
29 3%
Apr
11
7%
Jan
17
Sep
Aug 31
11%
Jan
17
14%
Jan
20% Dec
X26
Dec
5%
39% Mar 11
.
Jan
121
25
14% Mar 28
24% Jun
29
8%
19% Jun 29
May 8
13% Jan 26
Jan
Mar
Feb
54% Jan
22
Feb
6% Jan
44
5
18% Jun 16
38% Aug 28
112% Nov 27
10% Jan 14
May 18
Jun
9
Jan
6%
20% July 10
29%
19%
31%
3
;
July
4
Dec
Dec
36
19
July
71% July
28
12
111
143/4
Jan
39
Apr
13% Jan
3
27
Apr 22
107% Jan 21
84% Feb 15
'
30
Nov 27
107% Sep 29
90
hjay 5
20% Jan
3
53
Jan 3
66% Jan
4
138
Jun
9
2
July
11%
5
Oct 19
Mar
Jan
Dec
19% Aug
% May
693/4
Sep
Jan
29
4
19
67
•
8% Jan
Aug 28
93
—
Kroger Grocery & Bak
Jun
47
13
•
27
76%
3%
B
27
.
21
Kennecott Copper.
(G R) Co—
prior preferred
(S S) Co...
Kresge Dept Stores
Kress (S H) & Co
8%
8%
77
12% Jun
15
Kendall Co $6 pt pfd A
10
8
77%
210
32.200
3
15
——L
-No par"
——No par
Keystone Steel & Wire Co—No par
Kimberly-Clark Corp
—No par
113%
Jan
3
5
A——1
35%
36%
113
115%
45%
12
—100
__1
preferred
36%
13%
*113
15
1
35%
19
115%
15
93% Dec
136
16 % Apr 27
non-cum
Dec
20
21% Dec
118
Nov 30
6% Jan 3
193/4 Jan 4
13% Feb 19
17
Jan 4
20
Jan 25
4%
129
Oct
7
3
10
Kaufmann Dept Stores—
36% Apr
11
City P & L of ser B—No par
Kansas City Southern——-No par
& Furn
Nov
11% Jan
J.00
pref series B conv.
5%
25
Feb
Kan
118
*19%
•
25
.24%
.
35%
36
35%
Joy
20%
20%
*116
115%
18%
6.700
12%
*24%
23%
20%
20
243/4
*113
19
35
243/4
18%
19%
11%
24%
23%
18%
20
24%
115%
1,000
1,300
34%
*20%
18%
79%
90%
12%
20%
233/8
78%
89
20%
343/4
20%
*113
77%.
88
35
U%
33%
20
26,700
26%
6% May
11% Jan
—
77%
11%
12
34%
19%
25%
25%
Jan
56% Jan
preferred—
100
Corp———No par
& Johnson
12%
4% 2nd preferred ser A——100
Joliet & Chicago RR stamped—100
Jones & Laughlin Steel.
No par
5% pref series A_.
.
100
Johnson
3%
39% Jan
Johns Manville
88
34
12
11%
34
80
111
*91
*91
18%
18%
120%
*118
1.400
76%
*86%
20%
20%
20%
120%
110%
2,000
32%
88
75%
75%
*75
73%
86%
*73
Hi
25%
105
32%
Jan
35% Jan
4% %
112
104
102 %
32
25%
25%
25%
*110
112
31%
*110%
111
*90
111%
25%
25%
102%
31%
*110%
102
*90
102
*110
102
31%
32
31%
112
101%
32
101%
102
*110
112
*110
112
Co—
Jan
Jan
68% Jan
—1
—No par
Jewel Tea Co Inc
%
.
7% Feb
Interstate Dept Stores
No par
Intertype Corp
——No par
Island Creek Coal——
1
$6 preferred
——1
July
11%
Feb
117
Sep
Jun
177
55%
Dec
13% Feb
Jan
Apr
74%
6% Jun 28
32% July 5
19
66
Mar
2
80
3
130
8
9%
177
30
3% Aug 23
18% Jun
3
25% Apr
8% July
38 % July
Nov
6
Nov
180 %
13;
4% Jan
1% preferred
100
Intern'l Telep & Teleg—
No par
-Foreign share ctfs———No par
18
Jan
1
-
15
82% Dec
4
15% Jan
65
,—50
International Silver...—
1% Jan
,
July
78% July
15% Apr
Jan
8% July
Apr
168
9% Nov
5
10% July 10
28
100%
Apr
Jan
6'/a
188
25
165% Jan
62
21%
105% Dec
22
6% Jan
158%
23
8% Oct
27
Nov
86% Nov
40% July 17
6% Jan 27
154% Feb 29
A—25
May
May
19% July
44% Jun
15
88% Jan
100
100
6 %
8
18% Jan
37
.
15% Apr
-No par
preferred-
24
Inland Steel Co...
34%
31
9% July
22% Mar
Central RR Co
Illinois
18
102
July
68% Nov
-No par
Idaho Power Co——
34
*110
114
59% Aug
3% Jan
-No par
Sm Ltd—
Hud Bay Min &
Feb
7% Feb
International Min & Chem——-5
4% preferred——
100
InternationaLMining Corp—j
1
Int Nickel of Canada—.—-No par
Preferred .:
—100
International Paper Co
;
15
5 % conv preferred..——^..100
Inter Rys of Cent Am
No par
5% preferred—,
;_100
International Salt
*-■—No par
International Shoe...
No par
77%
57% July
5
Int Hydro-Elec Sys class
4%
4%
Sep
Manhattan——.—100
&
3,100
X77%
79%
20%
28%
29%
135
40%
93
>4%
5
4%
17% July
Sep
115
117
107% Nov
5%
7,200
3
17%
21
28%
*134
*44%
*120
79%
79%
*79
79%
5
xl7%
20%
83
82
*79
5%
2%
3
17%
21
28%
135
*134
79%
3
17%
Jun
25% Aug 31
'
2%
Dec
87
136% Aug
—.100
preferred
Houston Light & Power Co- -No par
25
Houston Oil of Texas v t c.
,
1
11%
9%
183
200
107%
*106%
82%
7%
82
107%
200
105
85
*105%
81
105%
*106
*106%
'
184
40
39%
105%
38%
*8%
*220
19%
8%
12
8%
7,200
18%
83
82%
11%
*8%
•
19%
12%
82%
v
73%
18
*160'A
-
56
*73%
19%
105%
*105
106%
74
18%
39%
39%
*104%
54 ;
55%
73%
19%.
19%
19%
51%
74
*18
18%
18
18%
51%
50%
*73
•
1,500
78,000
Aug
29%
2
19% Feb
Hupp Motor Car Corp
21%
3%/
172
July 17
73
125
Apr 27
Apr
Jan
152
Mar 10
—100
Household Finance—,
16,600
30
52%
114
10
10
B———A—--4
Class
11
11,100
21%
74
63
par
-
—_s
Houdaille-Hershey cl A—_
3%
30
48%
3
par
.No
July
71
Jan
Jun
'
110 %
Jan
12%
12.50
15%
20%
75
*183
3%
30
49%
39
14%
14%
3%
Jan
.No
1
Hudson Motor Car
30
49
*38
14%
134
Howe Sound Co—.
10 %
4
89
18
Homestake Mining
Hudson
26%
15%
24
Jan
—
preferred——
4,500
21
-
(C E)
5,000
2%
20%
50%
*106%
36
2
*29%
49%
*160%
12%
35%
21%
20%
19%
28,500
11%
35%
30
30%
20
19%
2,300
19%
29%
20%
19%
66%
12%
2
30
/
30
30
19%
200
71%
3%
20%
*18
3,600
,
109
14%
30
18
66%
67
100
17%
4
■
3%
3%
75%
109
7,600
45
15
14%
4
4
17%"
*70%
70%
43%
10
27
4
74%
16%
109
Apr
Holly Sugar Corp——— -No par
1%
26%
9%
9%
25%
1,800
Hires Co
*116%
16%
67%
25%
..
17%
17%
conv
56%
25
75
3% May
Jan
""
25
27% Feb
10% May
1% Jan
93%
Nov 27
170
Mar 11
20% Apr 24
par
128
Hollander & Sons <A)_
19
12%
1%
300
45%
36%
2
2
700
The
Holland Furnace (Del)
19
12%
2
200
45
37
12%
*36%
23s %
44%
71
67
67
Hlnde St Dauch Paper Co.—
42%
109
1
108 %
109
100
42%
16%,
16%
17
72
*108%
—
100
25
42%
*44
_
preferred
73
125
$4
160
75% Feb
100
73
19%
,
.No
—,
125
<
6
-No par
preferred
Hershey Chocolate—
6%
300
63% Jan
100
___
30
Highest
I per share
Deo
22% July 10
25
Hercules Powder
Motors
9
8% Sep
108% Dec "12
14
—.
6
9% Dec
28
Mar 13
20% Sep
preferred-
non-cum
1,300
42 V4
44%
:
82
*116%
43%
*70
72
110%
67
43
*44
16%
16%
16%
*70%
*108%
43%
44%
W)
132
*116%
*44
43%
431/4
*44
1%
(G
99
—15
82
45
17%
Heline
25
Co——
;
Co.
Hercules
*23
*19
2% Jan
Glass
3,100
23
*24%,
Hecht
10
•.
•.
Hazel-Atlas
t per share
$ per share
share
6% Apr 28
Hayes Industries Inc
Hayes Mtg Corp
23%
*24%
18
18%
*116%
")
170
25
44%
19%
18%
18%
*116
*116%
22%
*19
800
45
25
44%
44%
18%
18%
18%
*24%
22%
23
72%
23
25
;*24%
24%
*22%
23
1,600
23%
.
128
*22%
21%
*167
73
72
73
*70
*125
*24%
'460
*130
132
*130
11,400
72
82%
*81%
81%
132
*130
24
X23%
24
81%
81%
131
*129%
131
170
*167
170
23%
23%
81
82
81
83%
*821/2
*167
170
23%
24
7
21%
73%
169%
169%
108
21%
72
20%
6,100
9%
108
6%
6%
Xl06%
I per
Par
Lowest
Highest
Lowest
Shares
9%
9%
7 %
108%
7
108%
9%
9%
9%
9%
67/«
1C8%
Year 1943
Range since January 1
STOCK
EXCHANGE
the Week
$ p^r share
X per share
share
X p*r
share
9%
9%
107%
Dec. 13
Dec. U
Dec. 15
Dec. 14
NEW YORK
Sales for
Friday
Thursday
Tuesday
Dec. 11
Dec. 9
Range for Previous
STOCKS
HJGH SALE PRICES
Wednesday
AND
LOW
Monday
Saturday
Monday, December 18, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
2662
102
115
Jan
Jan
Sep
24% May
16% May
113
Apr
36% Dec
11
28%
Jan
357/8
7
24
Dec
15
15%
Jan
20% July
4
42
Oct
3
25
Jan
34
Apr
July
7
1%
Jan
6% July
78 % Dec
,6
343/4
Jan
58% July
27% Nov
13
18%
Jan
24%
Sep
9% Dec
17
28
11
25
7
2n/4
Jan
10%
Apr
4
37
Nov
20
23%
Jan
32%
Sep
4
37% Nov
20
24%
Feb
323/4 Nov
13
17
10% Oct
Q
-
*294%
30%
*46 %
9%
9%
9%
9%
87%
88
88%"
29%
29%
!
30%"
47%*"'
*29%
■
47%
9 5/a
■.
88
88%
30
30%
30%
47%
*29 %
47%
.
9%
9%
9%
89%
88%
89 %
9%
88
.9%
89%
455
3,100
31'/4
x31
31%
30%
30%
*29%
30%
*29%
301/4
30
30%
400
Lane
49%
800
Lee
47%
47%
47%
47%
48%
49
11%
11%
11%
11%,.'
11% ;
12%
11%
12%
11%
12
12
29%" '
29%
30%;
30
30%
30
30 %
30
30%
30%
31
*123
123%
X121
1213/4
123%
6
6
20,600
12%
29%
121%
121%"'
121%
■
6%
5%
6%
5%
122
5%
-
5ai
6%
124
6%
3,100
:
125%
1251%
250
6%
6%
34,700
Lehigh Coal St Navigation
Lehigh
4%
Portland
conv
Cement.
Co._l.-10
—.25
No par
50
38%
3 7 3/4
38%
33
38
38
38
3,200
20
20
20%
20%
201,«
20 3 8
20%
1,600
Lehn & Fink Prod Corp—
19%
18%
19
18%
18%
18i%
3834
38%
18%
7,300
Lerner
52%
52%
52%
52%
52%
52%
52 3
53
53
53
Libbey Owens Ford Glass—No
7%
7 %
7%
73/4
7%
7%
7%
48 %
*47%
52 %
7%
*47%
■
34 %.
,
1%
1%
1%
1%
1%
■
33%
34%
33%
33%
33%
36
37%
37%
-1
.
*20
4
7%
7%
48%
3%
37
2
6,200
38
11,500
53 %
4,700
7%
7%
24,600
*48%
48 3 4
300
48%
48 %
48%
47%
47%
77
77%
78%
77%
78
77%
77%
78
78
78
78
1,500
78%
78
79
77%
78%
781%
78%
77%
78'%
78%
73'/a
7,200
182
180%
180%
*179%
31%
*31%
51%
52
51%
52
x50
42%
42%
42%
42%
32
For
31%
footnotes, see page
42
2667.
,
%
*47Va
1%
"
181
32
181
32
181
32
181
*31 %
181
32
180
311%
180
31i%
240
400
Lehigh
6%
conv
Stores
Corp
Llbby McNeill &
Life Savers Corp
.—
(new)
Libby
Liggett & Myers Tobacco.
Series B
—
Preferred
—
—.1
5
-No par
—
par
7
3
23
—25
—100
Lily Tulip Cup Corp—__—No par
No par
51%
50%
51%
50
51
51%
5134
7,500
Lima Locomotive Wks_,
42%
42%
423/4
42%
42%
42%
42%
2,600
Link Belt Co
—
-No par
Jan
9%
Jan
16% May
Jan
14
104
35
Jan
73 "
Apr
17
x31% Dec
14
17%
Jan
293/4'
Jun
jj
17% Jan
19
.30% Dec
7
113/4
Jan
193/4. Jun
38
Apr 24
49% Dec
15
26%
Jan
39%! Oct
i|
if
8
."12% Oct
5
8%
Dec
21
Jan0 '3
Apr" 26
"113
Jair:. 7
;
.
,
20%
38%
19%
l3/,
1%
33%
3
62
26
,
preferred————100-'
—!
—50
Lehigh Vallay RR
19
'
20%'
19%
*31%
Tire—_
20
38 %
20
181
No par
No par
.—.5
38
13/4
33%
78%
Rubber &
9% Jun
—100
-100
Co
preferred
—
(The)——i
Bryant.;
Valley Coal
preferred
Lehman Corp
(The)
1%
33%
77
5%
Lambert Co
30%
30%
30%)
9%
88 %
93/4'
88%
Gas Lt
4% Jan
'/
'
1% Jan ,29
: 4
Oct;?
9'
July
5
Jan
29
July
6
107%
Jan
120
2%
Jan
2% Jun 30
Dec 15
11%
Jan
203/4
24
Jan
32
\
July
7% Mar 21
:
!.
Dec
125% July
/ 31
3
15% Feb
May 31
20
lif Jan
'38
29% Jan ' 4
38% Dec
9
5
21% Jun
21
17% Nov 27
19% Dec
;
8% May
2%
Jun
Jun
July
7
18% Jan
Jan
3
6% Apr
24
42
39
Jan '
8
14%
Jan
22%
53% Aug 21
31
Jan
43%
8% July 20
28
5
Jan
30
Jan
48% Oct
83 % Jun
62
27
86% Jun
26
68 % Jan
3
67% Jan
13
174% Jan
8
182
3
32
Dec
8
52
Dec
9
263% Feb
36
37
Apr
25
Jan
6
42% Jun 27
Dec
62% Nov
171
Nov 15
22%
Dec
Jan
8%
Jun
Dec
Jun
41
July
71
July
73%
Jun
182 %
Aug
28% May
24
.
Jan
44
May
34 %
Jan
43
July
.
Volume
2663
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4343
160
NEW YORK STOCK
RECORD
Range for Previous
STOCKS
PEICES
Wednesday
LOW AND HIGH SALE
Tuesday
Monday
Saturday
X
X per snare
20
20%
20%
21
20%
21
20%
27%
28%
28
28
28
28%
28%
20%
20%
20%
X
79%
80
79%
80
52
52%
51%
52
20%
29%
29%
30%
,
Liquid Carbonic
5,400
19
20
19%
77 %
78%
78
78%
78%
79%
7,700
Loew'a Inc
51
51%
51
51%
51%
52%
4,800
Lone
13%
13
13%
13%
14%
22,000
78%
79%
; 51%
51%
14% Jun 7
58
May 1
40% Feb 24
i—
12%
12%
12%
13%
12%
13%
44
43 %
42%
43%
42%
43%
43
43%
43 %
43
43
2,700
18%
18%
18%
18%
18%
18%
18%
4,400
Lorillard
18%
18%
18%
18%
18%
101%
100
101
100
24%
104 %
29%
(P) .Co
.
*144
45%
46%
MacAndrews
32%
32
32%
32
31%
16%
16%
*107%
19
14
15
24
107%
*107%
3%
20'/a
16
24
*23%
23%
24
24
3%
3%
-
x?'%
8
17
16%
17%
19%
19%
19%
7%
'
.
19%
19%
20
19%
20
22%
22%
x21%
22
21%
22%
11%
11
11%
11
11%
41%
42%'.
42%
43%
42
*26%
27%
27%
27%
*26 %
23%
23%
23%
23%
23%
"
8%
8%
39
38%
*19%
II Va
5,500
42%
4,400
*26%
27'A
27%
27%
300
24%
24%
24%
24%
12,200
*112%
116
*112%
65%
8%
*38%
64 %
8%
*27%
30%
31
31
31
21%
31
21%
31
22
21%
21%
21%
21%
52
52
,52%
52%
51%
51%
51%
28
28%
28
28%
27%
28%
28
103%
*102%
13%
103%
103 %
*13%
103% 103 %
13%
13"%
103%
13%
13%
110%
110%
110%
110%
110%
17%
17%
17%
17%
17%
17%
*17%
17%
17%
*13%
18
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
110%
110%
*98
99
93
93
36
93
*35%
35%
*98%
93
36
99%
*98
%
;
91%
91%
35%
35%
34%
:35
14%
25%
*36%
14%
15
15
54
■54%
34%
*33
34%
*33%
34%
37%
37%
38
x37%
37%
37 Va
37%
37%
38
25
7%
*
37%
144%
142 %
144%
55%
55%
55%
17%
17%
17%
17%
2
55%
17%
,
2%
2%
44%
44%
113%
*111
110
*109%
110
*110'A
111
111
*110%
*108%
22%:
22
45 Va
114
*113%
110
*109%
III
*110'A
35%
35%
35%
24%
25
24%
24%
80'%
80%
79%
80%
35%
35%
35%
35%
24%
24%
24%
24%
80%
80 %
80%
4%
4%
100,700
79%
;. -24%
24%
80%
2,600
115
*113
*113
115
115%
*113
115
115%
*115
115%
*115
115%
*115
115%
all*
115%
115%
110%
*110
110%
*110
110%
*110
110%
*109%
110
51%
52%
51
*39%
40%
115%
*110
110%
53%
52%
53%
x53%
51%
53
52%
41
*39%
34%
35%
41%
*39%
41%
32%
33%
33%
34%
33%
34%
34 '/a
23%
23%
23%
23 %
23%
>23%
23%
23%
4,700
23%
23%
23%
22 %
23%
23%
23%
23%
23%
24
24 Va
5,700
92%
33
33
33 Vs
9%
33
33
9%
9%
99
97%
97%
230
23%
23%
23%
1,000
81%
700
116%
60
33%
23%
22%
...
*32
33
*32
*98
,
33%
.*32%
13%
15%
13%
13%
52%
15%
16%
■'
13%
52%
13%
53%
16%
116
...
13%'
13%
13%
55
*54
81%
83
116
*115
13%
13%
13%
*81%
116
*115
54
*52
23%
83%
*82
83 %
116
99
23%
23
22%
22%
*82
9%
98
98
'99
*115
9%
9%
9%
*97%
83
115
*51%
99%
115
82%
82%
115
-
97/«
22%
22
22
*21%
*81%
*113
23%
*32
'
99
99
"
10
9%
9%
9%
2.7%
33
35
16%
15%
16
1-5%
16%
27,100
34%
35
35
35%
36
36%
2,390
19%,
19%
19%,
6.500
10
5.000
.
34%
34
34%
34%
19%
,19
19%
19%
19%
19%
19%
19%
9%
9%
9%
9%
11%
10%
11%
15
15%
15
24%
24%
9%
10%
11%
11%
11%
11%
11'A
11%
11%
12 '
2.500
15%
15%
15%
15%
15%
15%.
15%
15%
15%
3,600
24%
24%
184
*180%
182
*179
182
24%
24%
24%
24%
x24%
*179
181
al81
.
9%
11%
9%
10
;/•'
10
100
15%
35
*11%
8.300
24%
24%
24%
134
*JL80
181
181
7,600
200
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
*19%
20%
1.200
13%
13%
13%
15%
13%
13%
13%
13%
13 %
13%
13%
13%
10,800
32%
32%
32%
,12%
12%
12%
13%
13%
13%
25%
24%
25%
21%
21%
21%
12
*11%
35%
36
35%
36
36
35%
*11%
..
.
24%
13%
24%
24%
>16%
22
*16%
17
21%
31%
.
68
•
33'A
5.500
12%
13
7.300
13%
13%
5.200
25%
24%
25%
24%
25 Va
25%
25%
11,50Q
21%
21% "22%
-22 % -22%
*11% ":i2%
21
11%.
11%
36%
36%
36%
35%
35%
21'A
21%
12
•
*11%
.
12%
*11%
12%
36%
•36 'A
36%
37 %
36%
37
13%
35%
35%
13 Vs
25%
24%
178
31%
.
22
*16%
i6'%;
22
32
.17
.
32
*32
;7
7%
',102 '*■ 102%
24% .,24%
8,000
*16%
21
■
178%
17,
21%
7%,
/
32%
7%
1,900
7%
7%
7%
67%
67%
67
67%
66%
67
14%
14%
14
14%
13%
1.4
26%
25%
26
25%
26%
*25%
25%
25%
26%
91%
^*91%
92%
91%
91%
91%
93
,
94%
94%
94%
10%
11
10%
11
10%
10%
10%
10%
10%
15%
32
10%
15%
108
106
33
*65
V*h-1 OO
-a
67
67
10'A
10%
15%
32
—
,
15%
*31
95
*10%
r'
95
10%
10%
106
*105
106
*104
10%
104%
66
108
2.700
15 Va
108
106
11
*31'A
66
108
10%
15'A
108
480
250
31%
67
4,300
98
31%
*104
2.100
14,800
96
10%
108
*104
14%
xl5%
*66
108
68
13%
15%
32
*104
104
67%
10%
67
108
,
*63
106%
*105
10%
2.600
15%
2,100
32
100
104%
20
67
200
106%
106
100
10
see
34%
34
34%
34
34%
33%
33%
33%
33%
5,000
19%
33
19%
footnotes
15%
*104
*104
68
10 Va
*31
32
4,100
22.200
14%
*31
100
'7%
67%
19%
19%
19%
20%
197/a
20
19%
19%
12.900
page
2667.
Motor
Wheel Corp—
Mueller
Co——.
Brass
Mullins Mfg Co class B-_.
Nov
Nov
Dec
24% Mar
320
Mar
4
3%
Jan
Dec
13
6%
Jan
12
Sep
16
14%
Jan
19%
Apr
Aug 10
1%
Jan
4% July
3'/a
Jan
6% July
4
8'A Jun
27
8%
Jun
18 V*
21
May 17
9
Jan
20
Dec
2
9%
Jan
xl7
July
23% Dec
15
14%
Dec
24
May
3%
Jan
12
Sep 30
51% May 17
7%
Jun
31% May
Jun
29
Apr
43% July
22
Jan
32
19%
20
Nov
July
27% Mar
13
9
165
Jan
176
Aug
13
37
Jan
60
Sep
2%
Jan
21%
Feb
7% May
36
Oct
29% Oct
16
65% Dec
11% July 10
44
July 10
110% Dec 13
28
13
7
Feb 29
22
Mar 20
55% July
——No par
Munsingwear Inc—
No par
Murphy Co (G C)„
No par
4%% preferred
—
100
Murray Corp of America
10
Myers (F E) & Bro
—No par
Sep
8'/a
Jan
16% May
6
38%
Jan
50%
Apr
14%
Jan
25%
Jun
6!/a
Jan
11%
Sep
6
Jan
5
14
9
19% July 20
Dec
15
Sep
8
Oct
6
60
38 % Nov
10
10%
Apr
Jan
89
Feb
78%
Sep
34% July
Jan
12% July
42
67%
94
Jan
Feb
13
100
27
^
4%
15'A July 11
July
25
Jan
39
Aug 10
23%
Sep
32% Mar
38
Dec
26
Jan
34%
Apr
Apr
54'A Dec
1
3
Mar 13
May'22
Sep 28
Jan 13
Feb 5
Jan 3
Jan 3
Jan
3
May 24
Nov 24
15
9
5
5%
Jan
9%
28% July 10
18%
Jan
30%
39
20'/a
Jan
317/b
106%
Jan
128
8% July
.
Aug 23
144% Oct
16
Sep
Jun
July
58% May .29
.
15
Dec
18
2% Dec
1
46
Dec
12
114
Dec
13
107
Feb
110
113
107
Nov
113%
Feb
3
dan
~8%
Jun
Nov
13
1x1% Dec
9'A Oct
5
Apr
15
Jan 19
8% Jan
43% Jan
Sep
29
8
Dec
13% Oct
35% Jan 11
21'A Jan 11
15% Jan
3
16% Jan . 7
26'A Apr 19
4Vs Jan
4
72
Jan 4
20
Aug 12
70
17%
113VA Oct
Jan
1x0% Dec
107% Jan 5
41% Apr 26
110
Jan
Sep
22% Aug
19%
104% Dec
9
/Jan
Jan
104
110
28% Nov 13
1
Mar
Jan
11'/a
Jun
Feb
No par
5. '
—1
—1
12%
32% Oct
21
Jan
100
112% Apr
Apr 18
i
$7 preferred
Nash-Kelvinator
Nashville
National
Corp
30
64%
Jan
98
23
13%
Jan
25
July
%
Jan
'
July
Va July 10
111
Jun
4% Dec
15
!
3% Mar
17% Dec
15
3%
Jan
11%
Ap-
39% Jun
26
17%
Jan
30%
NP7
Oct
17
25
Dec"
75%
88% Oct
9
Jan
24
92 'A
Dec
119
Mar
7
116%
Dec
121
Apr
106%
Nov
114'A Aug
119% Sep
113
'
Jun
113
Aug 29
117-
50
July
53% Nov
10
33 %
Jan
Oct
3
31 %
Jan
39%
35% Dec
15
13
Jan
27%
Jun
24% Jun
27
9 Vs
Jan
17
Jun
Jan
42
3
Oct
,18% Apr
24% Dec
15
11%
33% Jun
28
21%
Jan
31
Mar
10 % Oct
11
2%
Jan
7
Jun
Oct
17
Jan
77
Jun
100
53
»
3
15
Jan
23%
Nov
6
Apr
79%
24
111
July
;
Sep
116% Feb
!
Jun
62
24% July
84
117
5'A
Jan
Aug
11% July
34%
14% Aug 24
3
5
Jan
44
Feb
53% Oct
6
11% Apr 24
17% July
5
6%
Jan
15'/a
Jun
Jan
13% Jan
9
Jan
Co,
Acme
6%
conv
5
.
& St. Louis—100
Chatt
Nat Automotive Fibres Inc—
preferred
37% July 20
19% Dec 15
23 %
Jan
40%
Apr
13
Dec
19%
Apr
13% July 10
5%
Jan
11% July
13% July 12
8%
Feb
12 '/a July
8%
Jan
15%
Jan
23
Jan
176
28
5
10'A Nov
1
1
,.—.10
8
2
9% Jan
5
National Aviation Corp
National Biscuit Co
1% preferred
20% May
165
Mar
Nat Bond & Share Corp
No par
18
Feb
National Can Corp,
10
8'A Jan
Nat Cash Register
No par
26
Apr
National Container,—
—_,1 V xlO
Sep
National Cylinder Gas Co
.——I
xll'A Feb
Nat Dairy Products,—
...No par
19'A Jan
National Dept Stores—
.No par
13% Jan
Q% preferred—,i—
10
11% Jan
—10
100
Nat Distillers Products,;
,1
National Gypsum Co
$4.50
preferred—,
conv
National Lead
Co__
7%
preferred A
6% preferred B,
Nat Mall
Linen
—
—
Co
No
National Oil Products Co
National Power & Lt_
National Steel
6%
1
par
4
No par
,_25
Pa
10
40
preferred——10
preferred—
.,100
prior
prior
;
Corp__
National Supply (The)
$2 conv preferred
5Vs%
No par.
10
—100
100
Service Corp.—
& SV1 Cast
conv
National Tea Co
No par
Natomas Co
No pai *
4% %
conv
3%
137/s Jan
22
—-1
serial preferred—100
96'A
No par
56
—100
pfd_100
—10
106'A
X-—I
"
104
27%
16%
Jan
Jan
Jan
Dec
Dec
Apr
Apr
15% Dec
9
162
137/a July
July
Sep
Dec
14
20% NOV
6
16%
NoV
21 %
Jan
10%
Sep
Dec
181
Jun
18
5%
33% Aug 31
18%
Jan
297/s
23% Aug 21
10%
Nov
13'A Aug
17% Apr
14
9%
Jan
14% May
Dec 12
22% Dec 15
12
Mar 15
14%
Jan
6%
Jan
21% July
15% Sep
37% May 24
x25%
14% Oct
25 %
3
3
4
12
4
15
11
4
24
15
24% Dec
4
18
1
17
3
18
14
11
3
29
5
Jan 25Feb 5
87'A Jan -11
19
Jan
7
164
Feb 25
141
Jan 18
xl6'/4Sep 14
17% Apr 19
28'A Apr 5
5% Feb 7
57% Feb
5
11% Feb 4
24% Nov 20
79 'A Feb
4
83'A Jan
6
5 Vs Jan
3
9
Mar 4
Inc—
(J J)
preferred series A
New Jersey Pr & Lt Co 4%
Newmont Mining Corp
Newport Industries
Newberry Co
3
26
9
No pai
Nehi Corp
Neisner Bros
30% Feb
No par
Nat Enam & StamQing——No par
National
32%
"25%
15%
340
32%
7%
10'A
470
161,
67%
■
93%
19
17
"20% "21
7%
94
32%
v
'32%
94
—
178%
*157.'-
7%
93
15%
13 Va
163
32%
93
10%
24%
'
91%
For
8.400
181
*16%
: x20%- "21%
90%
*104
2,300
179
*
90
*107%
300
30,800
13%
*158
178
: 160
89%
—
10,600
36%
•
13%
24%
24%
*156
160:
16%
17
..
91%
*66
x36
37%
-14%
25%
*104
37~
.
101%; 102%
103'A
103%
r
24%
*156
22%
7%
14%
104'%
104
-24%
,176% .177%
31%
68 %
14%
*31
>
37 Va
'
13%
13%
13%
13%
25.
22
"
31%
7%
•
33:
12% :
13% -12%
177.
♦156
158
*155
33%
12%
13%
160
177
177%
177%
...
32%
12,%
13%
21%
104%' 104%
106
V
33%
12%
"
13%
i3 %
*104%
.
32%
13%
25%
25%
,
12%
13%
13%
-
33%
12%
33
12%
32
par
Morrell (John) & Co—
No par
Morris & Essex—4—.—
50
Motor Products Corp„
15'A
Jan
15
315
.
16
19%
r
3.700
15%
34%
■
f
400
13%
54%
*53
54%
*53
16,930
y
Montgomery Ward & Co—.No
40%
*39%
40%
32%
No par
$4
30
17,700
*39%
*39%
preferred series C
Chemical Co.
10
5
21
9% Dec
Sep
7
74% Apr 25
111% May 22
114
Nov 25
.No par
Preferred series B_—
~10
•
52%
20
—10
No par
..No par
Monsanto
$4.50 preferred ser A
*113%
115%
.100
.;
Tool—
Mach
Monarch
115.
*113
.1
—.No par;
preferred series A
Mohawk Carpet Mills
700
80%
80
100
7%
1,300
36
35%
24%
*24
Corp
Mo-Kan-Texas RR
66,300
17%
35%
35%
.
Mission
2,400
22 Va
22
17 Vs
30% July
24% Dec
105
108'A
107
6%
93'A
17%
2%
8 Vs
29
19%
No par
10
preferred—.
$6.50
400
4%
16
Minn
13,300
III
*109
17%
3%
3%
3%
190
8%
7%
7%
109%
21%
21%
preferred series C_
preferred series D—
Moiine Power Imp!—,
4%
Jan
24% Oct
38% Apr 26
3
100
100
4%%>
10
111%
No par
vtc
B
Jun
19%
5
Jun
16
6
Apr 25
23 Va Sep 14
27Va Jan 13
116% Jan 4
46
Apr 4
12% Oct 26
,
1% Oct 27
-100
1st preferred
Nov
37'A
176% Nov
27
—-10
No par
Minn-Honeywell Regulator
4 % conv pfd series B
50*
110
cum
Jan 21
Apr 24
Feb 14
Feb 24
Jan 19
6'AJan 3
12'A Jan 5
13% Apr 27
16% Jan 3
4% Jan 3
37'A Apr 4
25% May 5
19% May 2
25
Minneapolis & St Louis Ry—No par
Minn St P & SS M A vtc—No par
Class
1,900 '
46
111%
111%
•
5,90Qt
2'/a
*109%
108%
22
22
1,700
20,400
*113
—
110
7%
7%
7%
3%
14%
53%
45%
*45
45%
35%
15%
110%
2'/a
15
14%
*115
2'A
15%
15
*113%
17%
2'/a
16
14%
80%
17%
2%
*108%, 111
22%
3%
17%
8%
2Q
18
17%
May
138%
Jan
12
391
10
——5
i
Petroleum
Steel Products.
Midland
29
Jan
July
28
Oct
19
103
Sep 14
V 16 % Aug 8
8
Jan 3
82
Jan 4
70
Jan 3
31'A Apr 28
8Va Jan 4
37
Jan 4
5
Copper—,
20 Va
-
22% Dec
9
6%
10%
18%
2'A
47
No par
Co
Mid-Continent
600
56%
III
8
22
3%
3%
3%
3%.
56
*109%
109
109
22%
*108%
109%
22%
110%
109%
141 'A
56%
114
109%
7%
8
7%
8%
7%
*140'A
141'A
2
113%
109%
»
36%
56%
45%
113%
113%
*109%
36%
*140%
17%.
46
110%
mi
36%
*36
Miami
July
133
15
108% Dec
6
21% May
1
50
—
1
97
2——No par
Machine
Mesta
II,100
26
56'A
56
2%
2%
7%
24'A
143%. 143%
17%
44%
%
45
*36%
143%
55%
>
7%
25%
Mfg.
Aug
Jun
i4
—100
;—10
;
Co..
Mln Trans Co
&
79
19% Jan 5
16
Jan 13
109% Feb 23
27
Apr 27
1
;
(The)—
1st preferred
Co
conv
Merch
100
5,400
10,400
7%
25 Va
37'A
5%
70
);
7%
7%
25
37%
*142 %
37
36%
37
25 %
.
25%
7%
8%
24%
25%
.
14%
54
*52%
Mengel
14,400
54'A
*33%
14%
15%
22'A July
•
Mar 2
52% Feb 4
4'A Mar 6
32'A Mar 10
106% Mar 7
preferred series A
No par
$5.50 pfd ser B w w—No par
Melville Shoe Corp—
1
2,900
15 Va
*52'A
34
>'
Jan
Jan
59% Jan
38% May 27
170
$6
!_
80
34%
54
14%
55%
2%
33%
*33
144%
*44%
34
*52%
7%
7%
24%
92%
15%
37%
7%
92%
35%
*33%
38
%
91%
52%,
34
34
36
■-
preferred
McQuay-Norris
Mead Corp—
4,600
99%
14%
14%
52%
5 %
1,600
18%
13
52%
'
51%
18%
12%
34
•
,
18
Co
Stores
McLellan
210
47% Dec
Jan 27
315
-No par
preferred
$4
400
13%
91%
91%
91%
500
Ill
*98
99'A
Jan 12
5
Mclntyre Porcupine Mines
McKesson & Robbins Inc
1,000
2,600
'
*98
99%
*98
99%,
52
28'A
104
*110 Va
111
*110 %
110%
13
Jun
163'A July
15%
11
Oct
21%
Oct
148%
4
Nov
McGraw-Hill Pub Co——No par
51%
13%
13%
13%
13%.
McGraw Elec Co———
400
28
24% Oct
Dec
1
900
21'A
104
8
30
—
32'A
51%
103%
103%
5
14% Jun
32%
28 Va-
*28
Nov
31
Jan
16%
20% July 13
164
148
—10
*21'A
22
51%
51%
28%
103%
v:
Jan 3
Apr 29
18 Va
_
Jan
11'A May
6Va Nov
Dec
Apr 6
Feb 21
————•
McCrory Stores Corp__
n
1
5% conv preferred w W——100
I,000
>'
21
116
51%
14% Dec
14
McCall Corp——
600
28%
20%
31%
*21 %
100 ;
*112%
20%
31%
30%
1,200
111
28%
28%
116
*112%
116
21%
*30'%
'
20'A
20%
20'A
*112%
*110%
4,100
41%
39
39
111
28%
*27%
20%
116
*38%
*110%
40
110%
8%
8%
8%
1,600
65
65
65
Jan
37%
Dec
53
44
Dec
,
*175
*175
8%
28%
20%
20%
20
20
116
27
110%
28%
28
27%
28%
*28
*112 %
39,600.
10%
42%
24%
39
39
22%
11'/a
42%
65
*110'A
*110%
6,900
23%
10%
24
9
8%
8%
38%
8%
*38
*110%
1,370
19%
42%
27
65
65
64%
64
%
*175
*174%
*174%
64 %
64%
14,500
17
42%
II
43%
24%
7%
16%
II
11%
42%
27
2,300
19%
•
22%
22%
22%
22
3%
.
7%
7%
17
19%
7%
16%
500
24
3%,
3%
16%
7%
8
17
19%
*174%
*23%
3%
3%.
*3%
23%
23 %
64% July
105
Co—
Sugar
Mandel Bros,
2,300
Jun
25% Mar
Jan
14
———300
50
1
—No par
Manhattan Shirt—
—25
Maracaibo Oil Exploration
1'
Marine Midland Corp—
—5
Market St Ry 6% prior pfd—100
Marshall Field & Co
,—No par
Martin {Glenn L) Co,
—;—1
Martin-Parry Corp
——No par
Masonite Corp
No par
Master Elec Co,—;—
-1
Mathieson Alkali Wks—,—No par
1% preferred—
—100
May Department Stores—
10
Maytag Co
—
No par
$3 preferred
No par
$6 1st cum preferred
No par
Manati
6,100
15%
"15
—
Magma Copper
,—»
Mahoning Coal RRCo,
,
21%
42%
Jan 12
Jan 3
Garden,——No par
Madison Square
52,500
9
9
16
xl6
400
21%
450
*350
9%
9
9%
9 %
450
*350
400
*350
Co Inc
4'A% pfd series A
400
19
*18 Va
15%
17";
...
107%
18%
21%
9%
77/B
7%
108
18%
15%
3%.
Macy (R H)
20
9%
3%
6,600
22 Va
21%
22%
32'A
—No par
No per
Mack Trucks Inc
18%
*18
18%
15%
-
17
107%
108
4,900
32 Va
32%
9%
24
7%
32 '/a
15%
9%
'.*23%
17
32%
400
*350
400
*350
15
*3%
32%
10
100
preferred—
47%
'
21% July
Jan
12% Nov
'
46%
46%
20%
21%
18%
9%;
9%
46
18%
.
400
*350
108
46'A
32%
108
46
Jan
15 Va
81% Dec
3
Jan
12 Va
15
30% Dec
23'A Nov
25%
135
34%
x26%
104
—100
Forbes
&
107%
46%
*18
18%
*18
147%
M
6%
10
147
147
147%
*147
147%
*144
29%
29 %
29%
29%
*
30
46
46
*107% 108
...
147%
*144
46
147%
*144
*29%
30
30
29%
29%
A——No par
Louisville & Nashville—
:
'
17%
151
20%
69%
100
preferred—,
Louisville Gas & El
2,900
1,000
29%
■
28
—23
10
,
1,000
23%
103%
105
7%
20
x23%
24% '
.
101
164
*161
163
*161
24%
24%
24%
*24%
163
*161
163
>161
24%
101 '
99
99
99
.
163
24%
24%
*24%.
■
*161
163
163
8'A Jan
No par
Long Bell Lumber A.
Loose-Wiles Biscuit
42%
,
No par
No par
—
Corp,
Star Cement
12%
Highest
$ per share
share
22% May 17
19% Jan 13
~
f per
f per share
17% Nov 20
1
Lockheed Aircraft Corp.
14,700
19%
19%
No par
Corp—.—No par
Refining Co
Lion Oil
3,800
21
20%
29 %
29
Lowest
Highest
I per share
Far
Shares
t per share
per share
*20
20%
.
the Week
Year 1943
Range since Jannary 1
Lowest
EXCHANGE
20%
20%
19%
20%
Dec. 15
X per snare
snare
jr per
per ■amre
Dec. 14
Dec. 13
Dec. 12
Dec. I t
Dec. 9
Friday
STOCK
NEW YORK
Sales for
Thursday
37
Dec
14% July
9 'A Mar
Jan
12
Dec
36
Dec
17%. Jan
14
.29%
Sep;;
Jan
.11%
Jun a
70'/*
Jan
90% Nov;v
6
5
104% Dec
11
25 % Jun
27
14
Jan
14
160
Jan,
178% July f
7
137
Jan
150
14%
Jan
22
May
27
Nov
36
Jan
•
Jun
5
181
154
Dec
Dec
20 %
34
Jun
7% Dec
28
4
July 20
f17% July 10
70
'
30% Mar 16
2%
52
15% May
28%
Jun
80%
Jun
Jan
88
Jun
15
15
62
18% July U
Nov
4
Va Oct 26
64% July
Jan
Dec
32
Jan
Jan
Dec
105
7%
-
Jan
98
11% July 12
•
5%
93
2
'
14 %
57
11% Nov
Jan
I
Jun
.
22% July 17
23
Jun 27
1
Dec
2%
6
9Vs
Jan
7% May
Apr
Jan
10'A
Jan
19% July
16
Jan
25%
Oct
74%
Jan
98 %
Nov
37
Jan
57%
Sep
Aug
68'
Nov
6
110
Jan
22
104
Dec
U
34'/a Dec
11
26%
Jan
37%
Apr
July 10
10%
Jan
19 Va
Oct
22
106% Mar
114
1
•
Monday, December 18, 1944
THE COMMERCIAL & FINANCIAL CHRONICLE
2664
LOW
S
j per share
16%
16%
16%
per
j
share
$
t
per share
17
8,900
,
.
,
Newport News Ship & Dry Dock. -1
t per share
13
Jan
Jan,
*108
110
No par
97
47%
47%
46%
48
48
48
48%
49%
50
50
'2,300
New York Ait Brake—.—.
No par
21%
,21%
21%
20%
21%
2074
21%
207%
2174
22
22%
189,700
New
No par
34%
32%
34%
33
34 y4
333%
34%
33%
35 y4
3474
35 %
33%
110
100%
*29
18%
.
103%
1067/4
106
10974
29%
X28%
28%
'.*27
283%
28%
.28%
28
18%
*17
18%
*1674
18%
*1674
1 8%
18
42
43
*41
43
42
170
170
170
170
*165
106
29%
*17
42%
43
*41%.
"
100
29%
*16%
42%
109
114
115
,
;
118
16774
16774
16774
85%
*85%
86
86%
*85
86
700
18%
43
100
44
44
;
6%
.100
*84 %
85%
*84%
85%
*84%
85%
*84%
85%
*83%
85%
*84%
85%
84%
84%
*84
85'%
19%
19%
19%
19%
19%
19
*38%
*38'/a
39%
212
121
122
*121
*38
121
18%
$5
18%
56
*55
56
54%
54%
*54%
54%
9%
9
*105%
107
105 %
*38
214
214
121
121
19%
*54 3/4
19%
56
27%
Jari
May
4474 May
103/e
Jan
20
35 Vz Dec
4
15
11
Jan
26% July
42,200
5374
*53%
54%
700
83%
914
17,100
8%
9
8%
9
*105%
107
107
*105%
107
*105%
106
19%
19%
19%
113%
*1133/4
20
20
19%
106
19%
1141/4
113T4
2074
*1133/4
11374
114%
106
29%
30%
30%
3174
30%
31%
30%
3074
31
31
97,200
130
313%
11,700
31
49%
49%
*49%
49%
49 %
49 y4
49%
50%
*48
43
*48
6 %
6 %
6%
6%
ey4
6%
6%
63%
*51
*51
53
*51
53
13
13
*13
13%
*51%
53
13 y4
13
6%
*51
53
13 y8
6%
10
203%
114%
20 3/s
114
120
49
'
674
6Vz
1,600
53
52
52
Dec
15
3174
Jan
7474 July
2974 Dec
11
14%
Jan
26
May
27
18 y2 July
3
6%
Jan
13
Dec
30% Jan
22
Jan
118
3
3274
13'/a
13%
1274
13
1,100
X108 3/4
10874
*107%
&
Western
15
1674
Jan
;Jan
19
198% Jun
15
63%
Jan
132
Dec
52
Jan
3
85% Dec
14
2874
Jan
54
Dec
75
Oct
4
84% Dec
12
14% Jan
; 3
4
1974 Nov
27
12%
Nov
2674 May
23
Jan
1
44
47% Set)
26
-100
133% Jan
3
21574 Dec
15
_ioo
Ry—
pfd
non-cum
116% Jun
29
12274 Dec
6
3374 Jqn
1574 Jan
10
52
Jan
26
Oct
20
49%
Jan
5674
Jun
27
5474 Dec
5
4874
Jan
56
Jun
—1
7% Jun
9
115/4 Oct
23
Nov
14%
Apr
Jan
-50
100
-100
Northern Central Ry Co
56
106
4
xl3% Jan
—.
Dec
8
15
91%
Jan
101
7%
Jan
3
20 74 Dec
Jan
31
11574 Apr
107
—No par
17% Jan
15
31% pec
50 y2 Dee
15%
Jan
-50
3714 Feb
1
36
Jan
•'41%
No par
4 % Jan
3
7
July
x3%
Jan
6
Aug
July
..50
40% Jan
12
53
Oct
31
Jan
45
Apr
8
16
Jan
14%
Oct
104% NOV 10
109
Dec
112
pfd_No par
Airlines
Telegraph
Norwalk Tire & Rubber—
Preferred
Dec
18% May
11674 July
23% July
Northern Pacific Ry
Northern States Pow $5
Northwestern
Nov
18% July
974 Jan
19% Aug 21
i
192% July
122
5174 Jun
—10
—
American Aviation—
Northwest
July
Jan
Jan
-50
preferred series
574% preferred series.:
North
38
162%
113
—50
...
6%
•
•
Dec
Dec
129
dep——.
Nor^h American Co——
10
13%
of
SMpbidg COrp part stk—
Adjust 4%
200
5374
V
-
May
-60
.
Ry Co-
i
,
.100
Co—
West
Noblitt'-Sparks Industries— —5
19%
9
113%
Norfolk
120
56%
19%
&
Certificates
1,100
39%
*55
19%
Harlem RR
&
N
56
*54 %
54
54
Y
Y Lark
20
121
*37%
39%
N
N
8,200
21574
121
102
94%
15
'
"
19%
212
:
8%
113%
*113
19%
39%
19'%
54%
19%
19%
%
54%
.
9%
9
19
56
19%
122
*120%
56
19%
Nov
27.
22% Dec
"
;
21% Mar
.
1174 Jan
62
preferred-——No par
non-cum
70
100
:•
212%
■; 212
122
18 5/s
18%
18%
56
:
212
*120%
*85
19%
*383%
39
212
39%
211%
212
21.1%
19'%
85%
Deo
24% Jan.. 3
100
preferred series A
t per share
.
50% Aug 22,
10874 Nov
.5
il95/a Jan
N Y City Omnibus Corp—
_No par
New York Dock.
—No par
900
•
—
Central——
N Y Chic & St. Louis Co
13,100
■V,
28%
%
12,700
York
'
170
*166
170
170
*
$5. conv pi eferred
,
12
1774 Nov 13.
35% Apr 25
15% Jan '3
*108
110
*108
110
Highest
% per share
$ per share
.
8,
47%
*108
110
Par
Year 1943
Lowest
Lowest
21%
110
*108
Shares
16%
/
Range since January 1
Highest
STOCK
EXCHANGE
46%
*108
110
NEW YORK
the Week
$ per share
165%
16%
for
Dec. 15
v
t per share
,
•1674
16%
163/4
16%
16%
Dec. 14
Dec. 13
Sales
Friday
Thursday
Wednesday
per share
Range for Previous
STOCKS
SALE PRICES
Dec. l'i
Dec. 11
Dec. 9
HIGH
AND
T"esday
Monday
Saturday
..
12 y4 May
Norwich Pharmacal Co—— 3.50
'/
Jan
8% Jan
•
O
*108%
109
*108%
108%
109
10874'
109
109
108%
50Q
Ohio
Edison
Oil
17%
17%
1774
17%
173%
17%
1774
173/s
1774
17%
18%
26,500
unio
25%
25%
25%
26%
253/4
23 y4
26
26 3%
2574
26%
11,200
Oliver Corp.'
106%
106%
106%
106 y4
10s %
.2574
106 y8
'26%
106%
106 3/4
106 %
10%
10%
10%
11
11'A
4-106%
11%
>108
13%
13%
13%
13
13
23%
23%
.23%
23%
23%
23%
107%
109
108
43
*42
44
76
41 %
*73
*73
76
59
59
58%
13%
23%
23%
1,000
10%
1074
108
<•
237%
24
24
600
4,700
*42%
46
76
8%
Otis
*73
5974
59%
•76
59%
108% Oct
(The)—
preferred A__:
conv
Elevator——
1
3%
Jan
1074
Jun
19
24% Aug 28
15%
Jan
2174
Jun
18
—100
-5
147
par
64
Pacific Amer Fisheries Inc.
45%
43
43 74
Co
Apr
108
142
Jan
105
Dec
26
Jan
154
Sep
12
28% Jan
38
Apr
Oct
11
46
Jan
67%
64
29
lO'/a Jan
69
75
8
55% Feb
5
Sep
43% Dec
26
Jan
Dec
157
May 10
31% Apr
12.50
2,600
1,040
44%
Dec
14% July
preferred——
14
45%
10%
18
Outboard Marine & Mfg
—
CO_No
1174
12
Jan
8
8% Jan
No par
14
14%
11%
1174 July 19
18
99% Aug
—
Glass
8% Apr
6
i—100
11%
14
117%
3%
21% July
,——10
—
Owens-Illinois
14 Va
Jau
16
4,800
14
11%
5
10574 Nov 15
5974
59%
4
20% Mar 22
14
28% Oct
Outlet
-
15% Sep
par
23% Nov 16
Oppenheim Collins
6 %
400
46
*42 y2
*73
1—100
pfd
—.——-/vo
————No par
Omnibus Corp
*i56y4
*156%:
45
Co—
convertible preferred-—100
4%%
30
13%
59%
59%
13,400
108
13
76
*73
107
13
23 Va
"*42%
,
76
110
*12%
*155
43%
10%
xioy2
*107
110
*12%
43%
*73
58%
58
11
*109
"155
*155
*155
106 %
1074
110
*13%
*107%
;
4.40%
Co
17%
Jun
19
54%
Jan
64
Oct
July
P
13%
13%
13%
14
14%
*11%
12
11%
12%
113/4
12
*43%
44%
44
45%
45%
45%
*21%
22%
22%
13%
*113%
*
23
23%
15%
.34%
347a
3474
Co
47%
47.74
.*47%
48
4774
42 y4
*40 3/4
47
47
4774
413%
15 y2
*15
•.
,.
.
41
122
122
123
123%
122
12274
160%
160%
160%
161
161
161%
161%
6%
6
6
6%
16%
17%
17%
17%
i7ya
5 %
5%
5%
5%
5%.
36
6
6%
6 %
17%
.
..
.
4174
122%
1,800
Pacific Lighting Corp—
No par
4,200
Pacific
Mills
No
740
*161
Pacific
Telep & Teleg
.,
60
*16%
17%
5%
53%
5%
5%
5%
574
353%
X34 %
35%
5%
35 5%
preferred——
Pacific Tin Consol'd Corp
4,500
17
17
17%
Pacific Western
17,100
Pan American
No par
34%
14
14
13%
13%
*13%
14
13%
13%
13%
1474
1,900
Pan-Amer
48
48
47%
47%
47%
473/8
47%.
48%
48%
403%
50%
51 y4
4,700
Panhandle East Pipe
*111%
111%
111%
111%
11174
xiioy4
111%
460
53/4
11,000
58%
300
35%
111%
111%
5%
5
5 %
5
29%
33%
30%
*21%
"22%
29%
29%
34 %.
34%
35
1%
30%
30 3/8 /
3oj%
22 %
22
22
7%
7%
17%
22%
73/4
22 y4
2
30%
3074
22%
22%
22%
173%
22 y8
7%
7%
7%
73/4
8,900
183/s
19%
1874
1974
25,400
*58%
59%
*58%
593/4
*58%
59%
*58%
59%
108%
1083%
1087%
109%
108%
108%
23%
24%
23%
24
23%
23%
23%
2374
23
14V4
14%
14%
14%
14 y4
14
14
143/a
23
143/a
4%
4%'
*4 %
*65%
18%
18%
*18%
:
4y8
18%
31%
32
31%
32
29%
29%
30%
63%
68%
68%
3 2%
30%
30 y2
30%
30
30 y4
30 Vz
32
69
69
69
69
69 y4
69%
69%
*14%
15%
66%
6674
66
18%
18
18
1774
87
87
87%
57%
58%
*26%
26%
26%
18%
600
33
40,400
31
31
1,100
69%
6974
1,900
3274
14%
14%
14%
661%
653%
66 Vz
65%
66 y4
6574
66 74
18%.
1774
18%
18
19
19
1974
6,800
87
87
873%
91%
91%
94
94
96
4,200
57
58 y4
5774
60
61
63%
64
65%
8,900
*26%
27 %
27 %
100
14i%
27%
•
*26 3/8
14%
27%
*2674
15.
14%.
14%
*26%
27%
&
Ford—.
No par
——10
1,200
15.600
.
48
Dec
33
Jan-
.45 % July .;
10
42% Dec
19'
Jan
Apr 27
Jan 11
12374 Dec
Jan
163
Feb 29
6%
—No
Cement-
par
Pere
Pet Milk Co.—
July
2
Jan
4
July
July
5
35% Jan
21
Dec
9
15%
5
2% Jun
2T"
31% Aug 18
23% Jun 17
874 July 12
2074 Feb 15
v
100
45 74
106
July
Jan
30
July
17%
Jan
72 74
1%
Jan
274
27%
Jan
16
32
Jan
1%
Jan
19% May
6% May
Nov
29
5
Nov
29
80
Jan
24% Dec
9
13
Nov
3
17% July 14
10
5
Aug 14
X7074 Nov 29
1874 Aug 18
112
Jan-10
33
Dec
15
32
Dec
Apr
May
16%
59% Dec
113
Dec
Jan
51% Dec
3%
174 Jan
13%
i
374 Mar
33% Jan
45
Jun
Jan
Jun
»
17% Mar
Jan
23%
Sep
20% July
974 Oct
Jan
108%
May
60% Mar
1007'tt
•
113
Dec
32%
Apr
2474
Sep
Dec
14
17%
Feb
6974 Dec
15
46%
Jan
5
1%
Feb
6974 Dec
5
28%
Jan
3
4
5
1974 Dec
15
574 Jan
96
Dec
15
34% Feb
58 %
65% Dec
15
19
Jan
6
5
23
•
4174 May
23% Mar
—No par
-
Oct
113%
10 74 Jan
54y2 Jan
3374 Jan
100
„
11%
Jan
55
Jan
574 Jan
6
46
Apr 24
100
100
Marquette Ry Co—
5% prior preferred
5% preferred
Mar
«
.43% July
105%
37% July
3
:
Apr
Jan
30
9
17
17
17
15
4
16
RR———
Oct
74 May
17% July
5
.
Sep
'
6
774
61
26
10
7
18
110% Mar
257/8 Mar
21 % Jan
100
50
Peoples Drug Stores Inc5
Peoples G L & Coke (Chic)
—100
Peoria & Eastern Ry Co——100
Pepsi-Cola Co——
1
preferred—
274 Jan
2374 Jan
8
7
108% Nov
Sep 16
3774 Feb
No par
Jan
<■
114% July 13
574 Dec 15
6
Apr
Apr
Feb
Apr
9% Jan
2% Jan
160
Jan
9
!
2874 May
119 74
Dec
3%
Apr
July
25% May
19% July 17
51% Dec 15
3
474 Jan
;
13% July
91% Jan
147
5
Aug
36% Dec
18
Jan
12
Sep
774 July ?5
17% Dec 11
3
1574
5-1%
93 74
13.%
Co—,
Pennsylvania
3
2674 Apr 28
18 % Feb
7
$7 conv pref ser A—
No par
Penn Glass Sand Corp—No par
5%
*111
3 1 74
15%
800
i
1 % Mar 27
par
Penn-Dixie
68
18%
1874
*18%
*111
313%
66%
■
68
68
3174
18
57%
18%
*112
4 V8
*4
'4%/
'
32
15%
57
18%
7
68
31%
66%
*86%
66
183%
*18%
*112
*112
*111
67 y4
4%
67%
4%
4y4
*65%
67%
12,100
/
Dec
10
16% Oct
Jan 10
23 74 Jan 27
——2.50
Transportation
Mines & Enterprises
(J C)
317a
274 Jan
Mines—1
Patino
Penney
2374 Jan
8% Feb
No par
Penn-Central Airlines Corp.—1
Penn Coal & Coke Corp
—-10
2,300
»
Dec
27
Parker Rust Proof Co
Parmelee
Jan
35
ex-privilege___1
Co„———No
&
16%
10
45
2,400
24%
1474
.
Davis
Mar
Jan
2374 Feb
103
3,200
108%
15%
Inc
Jan
par
Consolidated
Utah
14%
.-100
—T_1
Pictures Inc
& Tilford
55
4574 Sep 26
10914 Jan
8
1
Ref———
Inc——&—No
Penick
59%
108
23%
*13%
66%
400
73%
183%
108%
41/4
Parke
7%
■;
*58%
65%
5,300
&
13%
Jan
2874 Apr 25
5
Line—No par
:
—:
100
Transp
preferred———
Paramount
Park
30%,
Prod.
Cos
conv
Park
?<.
'
&
preferred
Paraffine
3,800
36
l7/«
Petrol
Panhandle
9,000
35%
2%
108%
59%
109
28,800
17%
8%
173/4
18
30
/
30%
30%
29%
36
2
5.60%
4%
2974
35
2 Va
30%
*109
29%
2974
2
2%
5%
58
58%
*57%
34%
2%
*22
7%
18
*58%
29%
30%
30%
*108%
30
x2
2
5%
5
59
111
111,
*109
34%
33%;
7
5
*57%
*109
29%
30
17%
5
5%
59
*57%
*109
*109
2
112
4%
58
58
60
*58
*109
36
35%
Jan
23%
374 Jan 27
,
Airways Corp-——5
343%
14%
36
35%
*14
10
Packard Motor Car
Jan
674
4
117%
149
474
1274
—_1
Oil Corp_
41,500
;
par
100
JOO
6%
6,900
6%
*1674
.
.
121
16174 *
6%
6%
6
,
42 74
121
161%
6ya
1
42
41%
122%
161%
41%.
41
123
,
-
25
&: Electric.
Gas
774
28
25% Jan
Pacific
19
13
Apr
48% Jan
3974 Jan
5,200
48
16
1474 Sep
Jan
3
Sep 19
Jan 3
May 3
30
10
3
8y2
39
17%
15 ya
—8
,,
1st
1,000
•
35
34%
122%
-
Coast
preferred non-cum—No par
2nd preferred non-cum—No par,:
Pacific Finance Corp (Cal)-:
10.
15%
*15
*15:
,3474
343/a
*40%
*160
340
;
2274
2274
23%
23
.
34%
16
34%
41%
23%
.473/8
*15
15
47
*46%
23%
237/4
'
34%
16
34%
45
Pacific
*"
34%
*15
,
16% Oct
28 % July
-
61% July
7% Sep
59% July
16 % May
May
Feb
26% May
Jan
10%
July
574 Jan
8 %
Jun
'
107%,
*105%
*106%
*106y2
8%
8
8%
8%
108
—
*106%
'
8
8'%
*8
*106%
73/8
X774
8'%
*106%
*
'
9 74
9%
1,800
3,600
Pfeiffer
1,800
Pfizer
9%
9%
9%
9%
9%
60%
61%
60%
63
63%
68
6674
6774
66
67
24%
24%
25 %
243%
25 y4
24%
25%
25
25%
2474
2574
9%
24%
59
*9%
9%
9%
39,400
"
59
59
59
59%
59
107%
107
59
58%
5974
950
58%
5874
59%
10574 Oct
6
7
Sep 15
774 Jan 3
40y2 Apr 26
20% Feb. 24
49 74 Jun
3
8814 Jan
5
Brewing CO—No par
& Co Inc
——1
(Chas)
Phelps-Dodge
Corp
—■
Philadelphia Co 6% preferred
25
50
:
107%
*107
20%
20%
26
20%
26
*25%
119%
*117
203%
21
21
2574'
25 %
25 %
253%
119%
*116
33%,
*116
:
34
93%
93%
*94%
*104%
105%
*104%
*107%
108
*107%
108
*14
14%
16
114
44%
44%.
44
96
26
26
*116
*116
*116
119%
1,900
119%
•
4preferred
3374
3374
34%
8,200
owvn
93%
93%
-94%
94%
1,000
105%
*104%
105%
10774,
*107
108
*104%
107%
107 y2
10774
10774
107%
*13%
4474
114
44%
13%
25%
107
*106
106%
135
*105
135
*105
25%
*110
45
12 y8
13%
253%
253%
1063%
*105
6
6
—-
-
20
-r
45
'
10,600
,
574
■
:
*87%
.17
*1817 %
v»c6 "
H
*87
v
6
5%
r"\
54
•>53
65%
10674
106%
100
Pitts
'
21
20%
—
*77%
17%
17%
*24%
25
*241%
%"}:
82
25
12%
11%
17%
173%
1674
1674
88%
'
*188
574
*8%
*92
57/8
874
97
523%
20%
■
"53/8
574
8
*90
2074
20 3/s
*175%
5474
2,260
66
1,450
^22
22%
*175%
—
_
.
*2374
24%
24%
24%
12%
1274
1734
18%
*79
81
12 >/2
123-4
12%
12%
183%
18
18%
17%
18 %
18%
18%
*18
18%
*1774
18%
55
55
*54
5574
*53%
55
57
577«
120
16%
12%
.
5774
57%
119%
119%
1 d
1 <5
1/,
16%
16%
102%
102%
103
10274
103
102%
10274
108
108
108
107
108
107%
108 !/a
Apr
16
is
1.700
1374
10
81
■
4,000
200
'
57%
*118
& Co class
Poor
Pressed Steel
18%
600
55%
300
16%
102
xl 07 74
57%
57%
*113
16%
16%
103
102
10674
107%
111
111
111
111
110%
111
110%
111
122
122
122
12.174
122
3 3?%
m%
,
57%
2,9fiO
119%
80
1«%
15.100
102%
107
—4—100
irreierred
5%
conv
5%
conv
500
450
Procter
5%
&
7% Jun
pfd «ser of Feb 1 *29)
111
600
7%
preferred
121%
122
340
8%
preferred
N/ J
-
29
3%
4
34%
Dec
26
May
Jan
10~2~
Jan
15
8874 Dec
Apr
1074
Jan
10% Nov 30
90
Nov
30
17
Feb
.
Jan
5
Jan.
59
774 May
68%
Jan
9.,
Dec
9
9%
Feb
171
Mar
4
168%
Nov
168
Aug 22
170,
Jan
182.Y.j)A.ug)i
99
66% July
3
6'/
19 !
26^;
- (May 16.'
16% Sep 14" .
.
4% Jan' *
Jan
10
.
5974
Jan
10
Jan
61% Jan
14
4
5
9% July
,
1574 May
3
674 July
25
14.'
■
77%/Jun
190
,
,!
Dec
Mar
24
Jan
5
56
Dec
2274 Aug
12
7%
Nov
15
150%
3
Jan
14% Aug
8374 Nov
30
20
J
90,/.. July
I
Jan
174
175
y$l .Nov
19 74. May.'
Jan
52 % May/:
75
Mar-
1674 Mar/,
168
./ Nov.
10% Dec
Jan
74%
Dec
14%
Jan
21% July
25
16
Jan
23%
Apr
13
Jun
50
52% May 19
59
Mar 25
121
5
preferred
110%
374 Jan
10674 Dec
July
July
50
15
8% Apr 25
11% Apr 25
11% May 17
3574 May 19
1
2d preferred--
$5 preferred
6%
preferred
18%
Jun
19% July 11
No par
—
Gamble
Pub Serv Corp of
14
100
Nov
Jun
July
No par
B
Car Co Inc
1st
90%
Jan
Feb
8
28
25
4
25
3
3
' 69
'
774
2674 Jun
79% Jan
4274
102
—Ji—No par
Co
4i—. 11,
Plymouth Oil Co
—
5
Pond Creek Pocahontas—No par
17,100
55 %
119%
preferred
21
14% July 15
July 11
4
5
Jan 27
61
Jan 13
;] 77b Apr 18
Co_.No par
Nov
__
.
6874 Feb
Pittsburgh Forglngs
liy2 Jan
Pitts Ft Wayne & Chic Rj%L—-10G; ' 164% Jan
7% preferred.—.—iil—li-lOO -183
Apr
Pitts Screw & Bolt
——%-l.No par'' v, 474'Jan
Pittsburgh Steel Co__
..4__No par-\
674 Apr
7% preferred class B—2-—100 * 1 ..82;. Sep
5% preferred class A
'ii——100> ,''u45y'J Sep
5%% 1st ser cdnv pr pfd_ji—100'iH
.57%. May
Pittsburgh &. West Va2
4'——100/ ^TlT/VJan
Pitts Young fr Ash pfd—100 0'J-|75'iJ; Nov
Pittston Co. (The) ——2——r5'-'. ,7 8% fan
$5 conv
33,400
*17%
Chemical
&
20
16% July 14
-.
—
""
121 %
2667.
1374
13%
11.34
16%
6,800
22%
_
24%
102%
30
97
52%
'
173%
.
1,700
65 %
;
*2374
,
13
*79
108
page
8%
24%
120
see
5,900
173/a
120
footnotes
*95
52%
66
6
3%
97
51%
65%
2,300
■-
574
3%
523%
*175%
:
16%
—
*188
66
*05
*170
r-
17%
547i
For
—
177b
58
.
1674
*188
20%
—
88%
1674
16%
17%
54
122
*87
*170
173/4
57%
111
100
St Louis RR.
120
13%
17%
121%
No par
i
—
9
Oct
4874 July
.23% Feb 23
10574 Nov 18
25
—
88 %
79
58
110%
117
Pitts
17%
52%
•
ny4Feb 14
x98
Jan 19
; 4274 Sep 15
1,500
Coke
Feb
11774
2,900
79
58
16%
C &
Jan
71
Sep
109%
9 %
13
52%
120
88 Vz
9%
173%
247%
18
17%
88
87
*3%
*78%<>< 82
12
17%
84
9%
*127%! 113!%
.
17%
84
9%
*17%.
> '
90,.
17%
12
120%
97
20%
*17%
120%
8 %
*175% W
13
13
13%
83
17%
6-:>
52%% 53% :
653%J- 66
Of.:
*175%
*77%
»:
*92
21
20%
Hoslerv
preferred
C
25%
Aug 15
87%
4.100
1374
Sep
Dec
115
July 10
Sep
91%
22
12
9%
\
X517b
113
86%
6%
5 '/a
Jan
1874 Aug
24% Oct
104% Nov
Pittsburgh Coat of Pa_————100
6% preferred——100
-
Jan
68 %
July 12
-5
106%
6
37
110
No par
: -100
—No par
Pillsbury Mills Inc—
*170
83%
' i
74%
66
*175%
*13%
1674-
5%
97
*92
65 !v> '65%
■
83%
*8%
8%
54 3 4
'
88%
16%
*188
.>£97
53
84
9%
*170
81'6
,o'.8%'8
85
914
*170
—
95
1674
8474
%
*187%
*170
■
88
16%
89
.
16%
9
87%
9%
9%
•
9%
85
85
Phillips Jones Corp
:
7% preferred
Phillips Petroleum—
Pncenix
.
8
14
29% Mar
Mar 28
107y2 Dec
500
135
597a Dec
108 74 Dec
Nov
96
100
200
5%
20
37
series——
12%
'
86
15
3
4y2%
$4
2574 Dec
Feb 25
Preferred
26%
*105
21
13
82
106
12%
135
11974 Oct
July 14
Dec
2474 Jan
1UU
*25%
*105
21
10
68
'
53/4
85%
26% Oct
series—
12%
74
3
4V4%
26 74
*106
21 '/a Jan
Preferred
12%
135
6
-
Corn-.
*25%
.
10674
135
.
*106
113 /
44%
45
44%
•
100
15
112%
112%
.
120
*13%
15
*13%
15
114
44%
*
13
*106
*105
*111
44 %
*12%
2574
*13 %
15
*111
.
May 16
674
10
Philip Morris & Co Ltd—
105%
12
~3
X3374
*104%
21
9% Jan
19
No par
..lOO
preference com——
34%
*106
.
$1
95%
105%
14%
5%
26
Electric Co.
33%
*25%
5%
26
———No par
com—No par
preferred
93%
*12%
*5%
253%
$6
Phila
96
25%
25%
22,200
34
13
*12%
21%
*104%
114
*111
21%
*108
33%
105%
*111
21%
10874
108
108
*933%
3474
33%
:
119%
240
21%
119%
10634
2074
108%
21%
107%
*107
10 7 74 Nov
2374 May 13
117
Apr 26
preferred——100
Corp of America——5
2nd
Petroleum
8
62
9%
*61%
4%%
'
•
8
100
No par
—No par
100
100
100
.' /
'• 19%. Jan
116
13 % Jan
8774 Jan
96 . Jan
104% Jan
113% Jan
3
3
3
4
3
May 29
123/s Dec 13
4
Jan
,
18 % Dec
13
674
Jan
13% May
18 % Dec
12
6%
Jan
13
jun
55 74 Dec
15
24%
Jan
4074
Jun
July 19
48%
Jan
58
Sep
ri4%
Apr
123
Feb
11%
Jan
Oct
10
1«% July 10
1774
Apr
96%
Oct
10374 Oct
19
75%
Jan
10974 Oct
19
8574
Jan
107 % July
113% Nov
3
96%
Jan
114% July
122%-Dec
14
108 %
Nov
129 3/b
July
.
Volume
Dec. 11
Dec. f)
!
S per snare
'*115
48%
16 Vt"
16%
16%
16%
112
113'/a
23%
"117%
48%
49%
25-.700
Pniuuan inc
16
16 Va
16
16¥a
18,600
Pure
16
'112
107
'■
114%
*112
114'A
100
6%
107 %
800
5%
107
101%
107.
107%
,*23%
24
*23%
24
23 Vi
24
*15%
16
*15%
16
15 Va
16
10%
10%
XlO%
lGVa
10%
10 Va
79%
80%
80%
*79%
80%
80
80
9%
9%
9Va
9%
9¥a
22%
23
*15 %
15%
15%
15%
*15%
10
10%
10%
10%
10-%
80%
79%
79-%
79%
109Va Jan 12
103
Jan 15
115% Nov
15
113 % Nov
122
Aug
263A
Jan
40 Va July
18
11
Jan
Mar 22
2/
104¥<
Feb
19% July
114V8 July
107% Aug 14
92 Va
Jan
107% July
13%
Jan
22%
10%
Jan
13
4%
Jan
12 % May
193A Jan 14
26
II
1234 Jan 21
16% Aug 21
83A Apr 13
69% Jan
5
7% Apr 24
85Ve Jan 27
28% Jan 3
Nov
■
Oil Ref Corp
Quaker State
t per share
52% July 10
24% Oct
Q
16
100
103
No par
preferred
'■
■
preferred-.-
conv
Hlj best
I per share
No par
$3.50 conv 1st preferred—No par
Radlo-Keith-Orp* "urn
— 1
900
22%
119 ¥4 Feb
par
no
Purity Bakeries Corp
1.410
22%
2
37% Jan
3
14% Sep 13
.
(The/
Oil
1133A Nov
No par
No par
pfd $5
Pub Ser El & Gas
49 ¥a
'112
114%
16%
180
117%
16%
1071%
23%
117%
-
48%
117
49 ¥»
113%
107
108
116
48%
43%
16
*111%
112
,
>107%
108
*10/
•
116
116
48%
48%
1 per share
t per share
Par
share
Year 1043
Lowest
Highest
Lowest
EXCHANGE
Shares
$ per
I per share
t per share
per share
*115
117
'115
48%
1*112%
c
Range for Previous
Range since January I
STOCK
YORK
NEW
for
the Week
Dec. 15
Dec. 14
Dec. 18
Dec. 12
-i.
$ per share
117
43.
1
,
Sales
Friday
Thursday
Wednesday
Tuesday
*
Monday
Saturday
STOCKS
PRICES
LOW AND HIGH SALE
'•
2665
CHRONICLE
THE COMMERCIAL & FINANCIAL
Number 4343
160
July
R
10%
*79%
9%
9
9%
9 'A
9
90%
90
91 %
33%
33%
15%.
16%
34%
9 PA
91'%
90 '/a
91%
32%
33 %
33%
33%
33%
600
16%
16%
16 ¥a
18%
16%
163/a
4,800
34%
34%
91%
32%
x34%
34 %
*34%
34%
34%
34%
1,000
16
34%
39%
19%
20 V4
39 ¥4
3 9 ¥4
*39%
3 9 ¥4
39%
40
34%
34'A
*34%
35
35
36%
12
*11%
12%
*11%
12%
23
24
22 %
23
21%
*22%
22
22
22%
21 Va
21%-
22 Ve
22%
22%.
100
*99
'
*100%
*100%
600
9.100
100
99'A
99 %
100
*99%
*100%
1.300
17%
22
100%
100%
*100%
23%
22
360
76 Va
Va
17%
21%
23 ¥4
21%
101
76
76
17%
—
170
99%
99%
98%
99
98 Va
98 %
*95%
98
14%
14%
143/4
15
14%
14'%
14 ¥4
15
14%
15
14%
19%
19%
19%
19%
18%
19%
18%
19
18%'
19
19
*102
104
*101%
102 %
*98%
100
105
*102
105
*102
104
*101
102 V4
*101%
102%
*1C2
105
*102
105
*102
*101
102%
*101
102%
*101%
102%
11%
11%
96
.96
11%
11%
11%.
11%
103
103
102%
87
87%
87%
103
,
87
87
86%
15%
15%
15%
16 Va
16
99
99
983/4
99
99
16%
99
99
*97¥a
14
13%
14
13%
13%
13Va
13%
32%
32%
32%
32%,
32¥a
32 Va
32%
39%
18
9%
9%
7 Va
7%
21%
34
34
34
34%
*'
..
17 Va
*17%
17%
9%
9%
9Vs
17%
17 Va
17%
-
7%
7%
21 %
*21
34 Va
33%
34 Va
>
17%
17%
18 Va
18'A
187/a
5 PA
51%
51%
51%
180
37¥a
37%
38
37 Vi
38 Va
54
54
54
54
54'A
51%
*493/4
37%
37%
37%
37%
37%
37%
37%
53%
53%
533A
54
53%
54
54
*113%
8%
8V8
37%
43 %
*114%
*114%
115
7%
*6%
6%
101%
102%
101 a/4
102
20%
20%
20%
20%
20 %
16
16%
15%
16
12%
*53%
25 %
14%
13%
14
54 Va
54%
*53 %
55
4
33%
34%
29%
29%
29%
,
;
29
3,000
25
25
Shell
40
16%
4,300
23 Va
23%
*22 ¥4
26
26
"
1
17%
39%
25%
26
25%
,
13 Va
13 ¥a
13%
3%
\
4Va
42%
161
26
26
*16%
16%
39
*41%
42%
161
161 v
26
26
16%
16 ¥4
39
40%
13%
12 ¥4
12 ¥4
*12%
*70 %
41
*46%
47%
63
*61%
63
12%
123a
77%
78
78
37%
-
37%
78%
*58%
47
11%,
•'
283;
28%
28%
28%
112%
*110%
112%
*110%
■:
64
.
10%
55%'
55%
48
48
? 36
%
9 ¥4
9%
55%
*116%
.9%
10
37
63
63
11%
11 Va
11%
11 Va
17 Va
17%
10%
10%
11 %
9%
24%
24-%
74 V'a
76
76
23%
23
9 %
9¥a
24%
25%
76
76
23%
23%
23%
35
33%
34
*33%
35%
16%
16¥4
16%
*16%
16¥4
32%
32%.
32%
32%
32%
32%
'32%
29
29%
32%
28%
,
..
7%
,n
*
32%
,**!
v-
29 %
7 Va: .?'!
«/
7%
4
footnotes
see
-
page
2667,,
29%.
8
32%
33
10%
100
Inc
preferred
$4.50
$4.25 preferred
Standard
Inc—No par
preferred—
$4.50
$6
$7
prior preferred
4%%
16%
Stewart-Warner
28,800
Co
Starrett
(The)
10
Stokley-Van
5%
prior
Class A pfd
Oil
6%
20,800
Sunray
10 Vt
16.400
Sunshine
700
4,000
(4%%
Mining
¥4
32%
32%
32%
3,600
30 ¥4
8
18
2
Swift &
May 17
28
Nov 27
no
Jan
116
27
Sep
4% July
2%
33%
40 Va
34%
Feb 10
Feb
8
Sep 14
74% Dec
t
31
Sep
'
50% Sep 14
40 % Jan
1103A
6%
283A
623A
Sep
85
Dec
100%
Jan
5
1%
Jan
6% Mar
e
Jan
38%
Dec
10V4 Jan
44%
Dec
15
15
40
Jan
60
37% Jan
45% 'May
5% Nov
9% May
Dec
11% July
37
13.
.
5
■
13
25
iay
68% July
173A July
5,"
Dec
100
121
128
3
Sylvania Elec Prod's Inc
Symington
Gould
Corp
Oct
75/a July
10 Va July
May
14 Va
Jan
14
July
*17
Sep
Jun
63A Jan
10% May
5
5%
Jan
15 Va
19
48%
Jan
13
5
■
122
Apr
Dec
63% Mar
130
Sep
6
Oct
7%
4% Nov
Apr
'
5
33/4
Jan
12
12%
Jan
22
May
Feb
82
May
27
25
66 % Nov 16
84% Feb
2
58 ¥4
100
19Va Apr 25
25 3A
5
14% Jan
32 % July
Dec
8
26%
Jan
33
20 ¥a Sep
25
4 3A
F eb
12%
Jan
27% Nov
17% Jan
par
10
29
Sep
14
8% Jan
4
34
July
July
No
par
^
1
.
Jun
27% Jan
3
Dec
13
22%
21% Jan
—25
5.,800
15
Oct
-,
-
31 Va Mar
66
Jan
14% Deo
14
11% Dec
Jan
7%
255/b Dec
—12%
Co
18,700
Dec
20 % July
Sep"
4%
13% July 12
19
May
15,.
67% May
64
5% Jan
.
38 ¥4 July
18
3
■
115% July
Jan
13
10c
Dec
1
28%
Jan
15
31 %
28 Va
118
Feb 29
27
Dec
Sep
43% Jan
48% Nov
4
Jan
Aug
110
>Ian 15
58 Va July 10
11
5Va Feb
July
Nov
39 Va July 12
7
Jan
IIV4 Jan
70
117
25
34 ¥8
Nov 21
116% July
Jan
107
33% July 12
15
Paper Co
46.600
Sep
112% Nov
July 20
108
V
Jun
Swift International Ltd
*
32%
Oct
64% Feb
115
115
112% Nov 30
1
(The)
Sep
Jan
19
54
Superheater Co (The)„____No
Oil of Calif—.
Superior Steel Corp
Sweets Co of Amer
8%
49
1
Superior
Sutherland
60
Jan
109
111'A Apr
par
Co.
Dec
35% Mar
33sAJun
9
.110
Jan 28
57
Sep 22
Feb 10
Feb
1
Apr 19
Apr 19
cum)-
35
44 V4 July
July
9%
15 %
1%
13%
Corp..
May
3
,
Sep
Nov
42
No par
Sun Oil Co
300
7%
66
23
17
Jun
61
Jan
1
20
No
400
30
23% Nov
32% Jan
6%
Apr
33
5
(The)
Jan
6%
38 3A Mar 13
10
Webster
137/a
32 Va
2%
5
61% Oct
12 Va Aug
Jan
Sep
L S——No par :
Camp Inc
preferred
34%
*33
Sep
2%
•
12,200
Sep
64
100
1
Corp—
16Va
7%
25
48
,
Jan
—No par
Standard Steel Spring———
6.200
50
Apr
35%
mr
preferred——
16 Va
2,000
Sep
25
79% Nov 28
No par
•
prior preferred
163A
29¥a
...No
Sterling Drug Inc
..
Dec
11
Standard G & E Co $4 pref—No par
3,100
3,200
30%
50% Feb
—_No par
Brands,
10 Va
,
Jan
29%
149 Va July
3
.-No par
64
900
Jan
Jan
6
par
Square D Co
———1
5 % conv preferred
_100
Squibb (E R) & Sons
——No par
*16%
32%
No
May
563A Jan 27
(
2
———
36 %
.
Jan
20% Jan
132
Jan
9%
2 4 ¥4
7 ¥4
16%
Aug 18
4
Jun
Apr
213/4
62 ¥4
10,300
5
9
36%
78
29%
15% July
2% Jan
5% July 12
15
.
24 Va
32 Va.
25 %
Jan
29 3A Nov
■
76 3A
8
39 % July
Jan
10 Va
14¥a July 17
Jan
15%
34% Dec
—25
23%
30
19
,
5
Standard Oil of Ohio
24 %
32 Va
7
22% May 13
36 % Jan 26
2,400
23%
7%
Dec
Sep
24% July
28
21.800
24%
29%
15
31
45 %
23 3/* Nov
Spencer Kellogg & Sons—No par,
48%
75%
33%
54% Dec
Jan
15% Nov
22¥a Aug
Sperry Corp (The) —
1
Spicer Mfg Co
——No par
$3 conv preferred A
No per
557/s
75 Va
32
,
Jan
—25
x23 Va
33%
:
20
33
Standard Oil ,of New Jersey
X24%
33%"
22
28
14
Standard Oil of Calif—__-No par
19
.
7
18 Yt Jan
27% Nov
113 V8 July
28%
j
42% Jan
23% Jun
Jan
28
1
No par
Standard Oil of Indiana
11%
10
:
Jan
10 Va May
15
Dec
Spear & Co
$5.53 preferred
12,100
11
10 %
16%
15
15% Dec
Jun
>
1
21.700
118
Oct
Jun
Apr
May
21
20
30% Dec
8
43
5
9
i,
tr ctfs—100
33 3A
18%
6 Va
Jan
75
stk
37%
11%
6
2%
66
7.50
NO par
85
19
6 Va
6
42% Jan
128
128
29
18
*126%
6Va
6
Jan
Jun
57
17%
7 3A Aug
128
6%
10 Va
4'A Jan
3
5Va Jan 26
55
Feb 14
*126%
*126%
Va
73% May
Jan
12
19
Jan 27
Jan
5 ¥4
31% Jan
July 11
Apr
12
Jan
64%
'
•
23
no pat
58
•
8%
147/a Mar 13
3
Sparks Withington
57 3A
23
32%
73% July
16% May
35% Jan
58
Xl6%
17
Jan
8
57 ¥4
*33
35
54
15
Studebaker Corp
■
17 ¥a July
15
Stone &
23%
Jan
Dec
20,500
25%
Sep
9
13 % Dec
42,800
78
Dec
18%
82% Dec
11 ¥4
24%
Jun
90 ¥a
Jan
69
19 Vt
*75%
4%
Jan
5
10%
7
19
9¥a
"
Jan
59%
4
11%
57 ¥4
6%
5
15
Jan
11'A
18%
24%
7.100
Jun
Nov 13
19
57 ¥4
24%
100
263/a
12
Ohio
187/a
•
2
Feb
7 % Dec
22
Jan 28
29% Feb
5
251
(A G) & Bros Inc__
10%
18%
74%
8.000
111%
11 Va
-
57%
6%
160
28 V4
18
i
Mar
106% Dec
35
Sep
7
13% Apr 25
100
Edlsoh—
—
V
36%
63'A
16%
112
16% Jan
10% Feb
33 ¥0
118
117%!/
10
Feb
Dec
25% May 19
4¥a July
3xk Jan
j'uiy
43
115
105
8
28% Apr
12
1073A
Dec
Nov
54
&
10% .1
18 ¥a
9
Va
10 ¥a
17 Va 1
57%
9%
Jan
14
preferred——100
non-cum
10%
19
63/a
110
20% Sep
1
Jan
36%
109 ¥4
'
25
40% Jan
.5%
17%
126
14
Nov
2
Apr
Sep
12 Va Mar
Apr
493% May
10¥a
6
5
45 Va Nov
115
55
May
Nov
96
109 Va Dec
4
37%
48 Vt
Q
■16%-!
19
8%
;
55 Va
,63%
63/a
15
15
14 Va
17%
126
9'A Deb
39% Dec
36 ¥a Mar
47 % July
114
30%
10¥a
■
7
105% Jan
5
50% Aug
30 Va May
17%
126
Jan
15
Sep
48Va Jan
63%
11%
72
9Vb
15
$5 pref series A
116
2.300
48%{.h
X36 '/a
57%
57
Nor
35
15
54'A Dec
7
-
100
5,700
55%-.,.
..
;
,
4,200
2 Vt
55 ¥a
*11,7%
.
37
64
11
126
For
10 Va
36%
63
16Va
8
117V4
36 V2
16 Va
•18%
:
.
74 Va
48%
55%
.48 ¥a
37
'
27 V*
38'/a Dec
115
25
84%
48%
.48
60%
2%
55%
.
38%
74%
2%
74
48%
57%
7%
.
33%
16%
28%
.2%
72 3A
33%
16%
32
-
*111%
112
373A'!,
33%%'
6 %
.
"2%
■72 Va
16%
32%
*1007/a
84%
1273.;
23%
111%
28
33 ¥a
,
400
115
*112
28%
28 Va
*59%
*114
112
112
■28%
2¥a
64
*16%
112
71%
63 ¥4
*33%
*113
.
37%
'
57%
37 Va
38
83 ¥t
19
18%
37 3A
2%
10%
*17%
*126
*110%
17%.
'
11
28 %
16;%
11%
16 Va
J
112
64
;
38
33 Va
9%
36%'-!
Jan
Jan
Conv
37 Va
93i
9%
36%.
,
43
Jan
680
*114
118
11
Jan:
77%
77%
71%
*116'A
Jun
61% Apr
Dec
15%
78
;83aA
118
18 ¥a
,„■
15%
78
33%
*116
Jan
15
Spiegel
,•55%
118
11 Va
15
16,900
37%
»•;'
19
413A Dec
12
81%
48%>':
Oct
Feb
23
347/a Dec
64
37 ¥4
55%.-.
;
78
2¥a
-
28
3
11 Ve
*114
112%
213A
Jan
3
*61%
116
28%.
Dec
20 Va
15 3A Oct
13
9% May
19 ¥4
8
17
IP/4
82
55%
•
62
33%
48%,
*116
47 ¥1
47%
11%
37 Va
33%.
,
47 Vt
*47
*61 Vt
11 Va
81%
37%.. '
%(
80
2,800
37%
-
•-,37%
33%,% >-.33%
37
16
14.400
82%
*82
82%;.
82
72
•>"
64
71%
2%
2%
77%
37%'
112
72
8%
¥t
116
*111%
'
19.400
7Va
34
62
112
2%
*71%
115
*111%
73
.47
5% Jan
5
Jan
Mobile
27 %
*59
112
30
24% July
34% July
13 Va Jan
Spalding
34%
*113
*111%
Feb
Jun
9
Oct
July
17% May
20
1,500
27 Va
60
116
'
*8
75
115
*114
12
Jun
23 % Jan
410
34%
1
60
116
2%
6 ¥4
7,400
27%.
33%
27
*113
*114
73
75
•
62
116
*110%
75
33 Va
27 ¥,
*61%
38 Va
*114
28%
8%
115
*113
62
*58%
62
*58%
77 ¥4
115
*113
115
7%
*8
27%
12
Jan
Jan
8
12
76% Oct
—
Railway
•
-
'
78
36%
36%
36
7
8%
33
63
11%
7%
9
llVa July
17¥b Dec
6
Southern
~
*61%
12%
12
7Va
*71%
47
47
12%
12%
6%
32%
47
12Va
*7%
27 ¥4
*61
*113
12%
80
32 ¥a
141/4
Jan
Southern Pacific Co——No par
'
27%
Sep
.
57.800
12¥a
80
12%
Jan
3
Sep
6
Jan 27
Southern Natural Gas Co
69
82 ¥4
28%
14
,
96.700
1
34%
32%
19 Va Oct
/ 10 3A
1,000
16 Va
4 PA
81%
28
39 V4 July
No par
26 Vt
68
32%
32 %
Feb
17% Aug 21
.
16 Va
40%
/
34 Va
*70 %
11% July
Jan
21%
67
28 Va
Jan
Corp——^No par
preferred.
Feb
Jun
5%
5
Rico Sugar.
Feb
25%
15 Vt July 10
18
34
32%
99% July 15
267/b Oct
83
80
933A
15
Southern California
32 Va
1
Jan
80
No par
80
65%
*81%
32%
15 ¥a July
16'A Feb 14
No par
No par
3.100
66 Va
27%
70
Jan
34¥a
84
No par
161 Va
32 ¥4
*70%
,
Nov
7%
141
Jan
6
22% Apr 24
26 Vc
66
8%
59%
13
6
32 'A
7 Va
11
16 % Dec
Dec
*81
¥4
87% Dec
Dec
66
6
98
45
81
*7%
Dec
162
81
8 Va
76
6
65%
7%
18
io
8%
Dec
9
—No par
South Am Gold & Platinum
20% July
103% Oct
28% Jan
32
7 ;
Apr
28% Jan
81'A
*7%
Oct
9%
Southeastern Greyhound Lines—5
66%
8%
88%
Jan
South Porto
33%
7%
Jan
5¥a
1,300
65 J
7
73 Va
4,200
81 '
*7%
3
12% July 11
43 Va
32%
.
.1013A Nov
42
161%
'
26 Ve
16%
39 Va
4%
4.
8134
12%
101 ¥4
4Jan
42
■ ;
42 ¥4
65 Va
13%
Jan
78% July 19
Socony Vacuum Oil Co Inc
7.100
32%
13%
95 Va
35% July 10
.No par
Smith (A O) Corp
10 i
Smith & Corona Typewriter-No par.
55,500
65
33
14
6
21 ¥a July
105
42 3A
42
161
13%
32%
*81% '
5
Dec
,
39% Nov
preferred
$1.20
200
30%
13%
■-...
:4%
4
42
42%
39 ¥a
Apr
4Yi Jan
Aug 17
16
Apr 24
Jun
9
Jan
3
Jan
3
Jan 15
Jan
4
Jan
4
3
Skelly Oil Co————„15
Steel & Iron
20
4,100
54%.
*29 3A
■
41%
43
16 %
10%
Jun
May
Sloss-Sheffield
70
23%
%
53
30%
13 Ve
*22
.
52 Va
*29%
i'
41 ¥4
38 Va
23%
51 ¥4
30%
51
165
*161 •
17
16%
38% •39%
17%
39
42%
165
*161 '
165
*161
*40 Va
42
43;%
*22 ¥4
52
*29%
4
4
4%
4
43%
-23 Va
*23 ¥4
'
Oil
Sinclair
2.600
15 ¥0
(41
Dec
35 % Sep
39 3A
4%
74%
23
15¥a
43%
Jaii
102% Dec
104,000
39%
42%
Oct
42%
May
100% Dec
15%
15%
4
93
14%
39
43
19¥a
Jan
14%r
39 %
*41%'
Jan
14%
15 Va
13-%
12
69 %
3
May 16
24% Apr 24
15%
'
22Va Dec
99% Nov
No par
39%
13 ¥a
86% July
13 Va Sep
20
5
Coalition Mines
Nov
Jan
18% July
—
Jun
Dec
80
Jan
Dec
No par
15%
13%
Jan
6
Nov
-
6%
14 Va
Nov
Simonds Saw & Steel—
39%
13%
20
18
24
Simmons Co
15'A
13%
b3% Nov
1.400
14%
13%
V4 Jan
4,800
39 %
30
66
4,000
15%
51
Dec
3%
14%
23%
155
Jan
7
Jan
3
Feb
5
Feb
5
Apr 19
Mar 9
30%
40%
30
30
Jan
33 %
15%
•49%
35
Jan
3 Va
3%
14
49
Jan
22 3A
Dec'
14%
1,4 Va
30%
26 ¥a
40
13
30%
40"
•48%
Dec
36% Dec
33 3A
15%
*30
22% May
3%
14%
23%
Jan
33%
40%
30
14 ¥a
20
3%
15%
48%
21% Dec
33 3A
■■■'■::•
14
30
Aug
30
4
'
40%
48%
Jun
32
Silver King
14%
*22%
Oil
Union
Jun
15%
Jan
8
No par
Pen Co-
Sheaffer (W A)
30
54 Va
*53%
54%
25%
24%
%
29%
Jan
4
4
3
1
Sharpe & Dohme
$3.50 conv pref ser A
Shattuck (Frank G)—
2,200
14%
Jan
11 %
July 10
24 ¥a July
——
$5 conv preferred
90
75
21
6
26 Va
18
34% Dec
Jan
Jan
No par
Steel Corp
Sharon
5.900
13
3
—
£ Servel Inc—
3.00C
No par
Sears Roebuck & Co
Dec
34
33%
30%
14
Seagrave Corp
;.
101%
30
3%
33%
30
3 3A
33%
*28%
f
3%
33%
4
3%
4
33%
*53%
25 Va
9,200
77 Va
*72
14
14
55
25
77%
'12%
Seaboard Oil Co of Del
1.200
16 %
:
12%
preferred
$4 preferred-
$4.50
9,500
20 %
15%
75
'
5 Va %
3.200
,
106 Va
19%
77%
12%
*72
14%
■
7
7
Distillers Corp.
preferred—.
Scott Paper Co__.
60
23%
23 Va
15¥t
77%
•
12¥a
*53%
25 ¥a
25
25%
25 %
77%
100
111
103
102%
20%
—
Schenley
Jan
33% Dec
3
27% May 12
43% Jan 27
110% Jan
8
7
Jan ^ 3
30
Sep
7
105
Jan
6
37% Mar 16
109
Feb 16
108
Jan
3
20 Va Sep
7
2% Jan
5
—10
-No par
_1G0
5
new__3V3 V
100
No par
No par
No par
—-
—
preferred
Savage Arms Corp—
100
.
No par
Joseph Lead
5%.
22,400
114%
111%
7
'
15%
75
*14
14
25%
15%
*72
14%
■
20 Va
■12%
12%
7
102
20
St
Safeway Stores
100
27.400
43
*107
23 3A
*23
7
77%
78
55
14
23 Va
15¥4
75
*72
75
*72
111
20
16
12Va
12%
12%
12%
75
115
*107
102%
102
20%
*77%
78
*77%
78
77%
*73%
*114%
6.800
108 ¥4
*41%
111
preferred
conv
39 ¥1
*107 3A
6 ¥4
7
102%
*153;
39 ¥a
108%
*417A
23%
24
7
102
7
38%
*107%
114%
114'/a
*108
No par
Copper Mines—.
9%
43
43
$2.50
Jun
54%
•
(The)_;
2,100
.-■•'■•
116
9
9
108
108
114%
*114 ¥j
115
¥,
39 ¥a
*41%
43
23%
23%
23%
23%
*23
38 Va
111
*108
111
*108
111
*108
8%
38%
109
114%
115
8
8%
38 ¥a
38
*41%
42
42
115
8¥a
*108
109
*108%
109%
*42%
114 ¥4
114%
8
383/B
37%
38
*108%
114%
114%
8Va
114%.
114 ¥4
No par
Typewriter———1
Co
Oct
10Va
17
13
8%
13
5Va
—
Company
71%
Jan
Apr
36
No pat
Rustless Iron & Steel Corp—
.—J
7.600
51%
Co--—-
Antelope
Ruberoid
2.000
33 v;
Mfg
Royal
900
17%
•51%
Roan
3.800
21%-
33 v;
34%
3,200
Ritter
51%
18
17%
*49%
34
Richfield Gil Corp—
7%
7
21%
Rheem
17
Xl7
17%
*17%
-7 Va
1,300
9,900
Jan
3%
Jan
3
Feb 29
Jan
3
Apr 18
17% Jan 26
25 ' Jan
3
14% Jan
5
45
Jan 13
10
—
13
9%.
21 Va
7 %f
Common
10%
18
21
7¥a
*49%
8%
14,700
190
9 ¥4
51 %
*113%
2,400
32%
38 ¥4
21%
7
18%
18
18%
18%
*38%
137/a
conv
—
120
99
13%
31%
38'A
34 Va
21%
310
7,400
15%
32%
39%
21V,
7%
21 %
'
87
/99
.
170
13%
17%
9%
17%
17
7%
99
32
39 %
18
9%
21%
■
18
18 V4
10
IS3/,
16%
16
1
18%
10
18
15%
15%
*38 ¥4
39 Va
*38%
39%
39%
87
983/a
xl3%
13%
32%
*38%
*103
87
xl5 %
15%
16 Va
103 Va
103
103
*86%
5;200
.,
14%
—No par
16
preferred———
100
993A
6 % conv prior pfd ser A
-—100
87
Revere .Copper & Brass—-—No par .• 63A
7%
preferred—
—100
84
5%% preferred
100
63
Reynolds Metals Co
No par i"
io
5V2% conv preferred—,
100
85%
Reynolds Spring
—1
8'A
Reynolds (R J) Tob class B——10
28
6%
11%.
11%
11%
11
103
87
103 Va
*103
102%
87
IP/a
11 Va
Inc
Motors,,
18
59
13
107 3A Jan
x83%
100% Dec 12
70% Jan
7
8% Apr 18
Republic Steel Corp
34.900
'
.
Reo
3,600
15
20
50%
11%
RR-—-100
—1
Saratoga
&
Rensselaer
90
(Jan 1%__—i—
Called shares
100
,
1st preferred
non-cum
July 12
lOVa July 10
Feb
3
15% Jan 3
323A Jan 13
27% Jan
7
5% Jan
3
..50
2nd preferred-—50
Real Silk Hosiery
5
Preferred
.—100Rels (Robt) & Co 1st pfd
.100
Reliable Stores Corp—_—-No par
Reliance Mfg Co
10
Remington-Rand
—1
Preferred With warrants—__—25
non-cum
12
80 % Dec
28
.
4%
100
17%
*21 %
17 Va
——
4%
500
12
120
12
*117
122
76
*17%
24
*99
101
*99
*100%
77
17%
78%
20%
12¥a
*12
*118
122
77
79 Va
17%
X18
23
79
22%
18
120
79%
18
78
101
*118
120
120%
*76%
*17%
*99
Reading
12% Feb
—1
—25
Company———.—50
Inc
$2 preferred
600
19%
18%
-100
No par
preferred
conv
Raybestcs Manhattan
700
35
120
119
119
■19%
39 ¥4.
*34%
12
12%
12%'
19 Va
*39%
36
Corp of Amer
Rayonler
14,400
19%.
39%
*34%
36
'
21 Va.
19
39%
19%
19%
39%
*34
6%
2,590
91
33%
*327/a
16
91
90 %
33
15%
34%.
1,100
34,400
9'A
9%
Radio
43,400
16%
90 Va
33
34%
■
10
33% Jun
27
27% Nov
33% Apr
263A Apr
33 V4 Jan
5
22%
Dec
9
4¥a
Feb
Jan
35% July
18
55/3 May
9
33
8
8% May
RECORD
NEW YORK STOCK
LOW
'
7%
7%
7%
7%
*7%
*50%
51
*50%
51
*8%
8%
8%
8V2
*8%
*501/2
7%
8%
*8%
50%
73A
8
5%% partic preferred—.
Telautograph; Corp__
5
8%
Jan
13% May
41%
Jan
53% July
3%
Jan
6% July
Texas Gulf Sulphur-.
-No pur
19
37% July 14
33%
Dec
41% July
10
32% Apr
14% Feb
4
19% Mar 16
8%
Jan
18
8% Feb
9
4
16% Nov
13
7%
Jan
13'A July
17% Jan
27% Dec
15
16 Va
Nov
28% July
par
12% Jan
13
6%
Jan
preferred—,,.No par
50% Feb
4
5% Jan
6
43%
7,500
Texas Co
6%
6%
6'A
6 Va
6%
6 %
6%
6%
6,3/4
6 V2
6%
21.200
6%
35'/a
35%
36%
35%
3b'/a
353/8
35%
35V4
3,500
.
Oil—~
Coal &
Pacific
18 Va
17%
18
17%
17%
17%
17%
17%
18%
18
19
17.300
18 Va
14
14%
13%
13%
13%
14 Va
14%
14%
15%
31,400
Texas Pacific Land Trust-
14V2
14'A
14Va
Texas & Pacific Ry Co,
—Hoo
26
26%
Thatcher
_Na
27%
12,100
19%
*18%
19%
19
19
18 3A
18%
18%
18%
1.200
*55
57
55%
55%
56%
56%
57
57
*8 %
9%
9%
*9
25%
26V4
121
*119%
121
*119%
*90%
93
*90%
93
6
6%
6%
6V4
%
7 Va
12%
12%
12%
*12%
47%
47%
4%
.4%
4%
Va
108%
108%
<12%
13
*12%
48%
*48
4 Va
323A
16%
16%
16 'A
107%
107%
173/4
17%
18%
400
4 Va
5%
29,600
26%
*17
17Va
26
4%
*102V2
105
*102%
*17%
18
4Va
5%
*17%
5
4%
5Va
4%
'
105
104 3A
104%
104
106
18
5
*103
106%
*105
106%
120
,
11V*
11 %
11%
11%
11%
11%
10%
11%
11%
ll3/a
11%
11%
3.000
20%
20%
20%
20%
20 Va
20%
20%
20%
20
20%
20
20%
10.500
28 Va
28%
28%
28 V,
27%
28%
27%
28
27%
27%
28
28%
16,700
35
35%
*1051/4
106
*8%
9
34%
105%
114
114
-No
Tubize
..
.No
11.600
8%
*8 Va
8%
116
116
9
2,000
Twin
116
190
7%
23,800
Twin
15
15 Va
14%
15
14%
15
14%
,15%
1G
16%
xlS'A
59
60
60
60
60%
60%
60%
60%
60
60%
60Va
61
15%
15%
15
15%
15%
15%
Xl4%
15%
14%
15
15
15%
15%,,
,
preferred-
;
Co
Coach
Jan
94%
Jan
'103% May
14
23%
Dec
34% Mai
I 52% Aug 18
4
July
15% July
.
40%
Jan
50
11% Dec
15
6%
Jan
10 Va May
28% Dec
15
15 %
Jan
25% July
5
11'A
Jan
16%
1%
Jan
18% July
5% July 10
105
Dec
13
69
3
11% Nov 30
6%
20% Dec
9
12%
Jan
28% Jan
3
35% Dec
9
25
Jan
106% Aug 21
99
Apr
Nov
May
8
28% Dec
90
Jan
1
Jqly
4% May
Jan
17
8% Jan
Jan
4
5% Jan
5
% Jan
4
8% Jan
6
51 % Jan
—1
y—
9%
6
Dec
5
15% Mar
$4.50
*11.5%
7
Dec
38
21 % Feb
par
$1.50
400
17
109
4
68
35%
106%
16
3
3 % Feb
—100
34%
*105%
7
3
12% Jan
Jan
Dec
July
3
24
13
100
34%
106%
-
Jan
.No var
preferred—.
-No Par
prior pfd—
City Rapid Transit— .No par
343A
9
Feb
85
—1
Corp.———,—
Rayon
*105%
116
Jun
8% Jan
—1
Cen Fox Film Corp
20th
34Va
8%
26%
17% Apr 25
$6 preferred—:————.No par
No par
Truax-Traer Corp_
.
106%
115%
Mar
Jan
34
6
% Mar
43 Va Apr
par
—2
Tr1-Continenta! Corp—
34%
8%
Dec
3
13
.„
*105%
35
105%
114
8%
8%
8%
114
114
*1131/4
35Vt
1051%
35
105%
.
15
34%
Jan
25
5
Transconfl & West Air,Inc.,
Transue & Williams St'l—, -No par
26%
*171/4
Axle'—_—-
Detroit
10,200
26
4%
Jan
Feb
lVa
100% Jan
„10
28 3A
26%
26
8Va
10.300
Roller Bearing—
Sep
May,
6% May
26 %
16%
Tiinken
49
Jan
8
18
$3.50 cum
Timken
Jan
5% Aug 14
preferred— .N< par
,_10
Tide Water Associated Oil—
$4.50 conv preferred
:. .No par
11.900
3
13% Mar
1.500
27%
25 Va
•
11%
33 %
13
49% Oct 16
31%
27
50%
11%
July 13
7% Dec
4
par
Transamerica Corp
38
493A
11%
54
13
Thompson-Starrett
590
Oct
9%
10
3.500
108
95
Jan
Jan
4%
16%
Jan
4
5
Va Jun
11
2
107
July
32% Jan
par
-No
Co—
4,200
353/a
50%
10%
17%
-No
34,400
dO */2
50%
11%
26%
——
11%
do
50%
11 Va
4%
19
5OV2
34 va'
50
11%
25 Va
11
37%
dd '/a
51V,
10%
*17%
Jan
4% Jan
11%
ot
51
11%
'
Thompson Products
Dec
8
4
29
43
50
3du/a
51
10%
va
Thompson
Oct
53%
Jan
52
Dec
Dec
9% Jun
-10
,__25
100
500
July
14
Jan
2Va
89
19
(J R)
13
35
120
Apr
Transit Corp. -No par
48%
July 12
9% Nov
1
31
Jan
7
-
5
58
81% Oct 20
92
100
37
3d va
50%
•id
preferred-
conv
Avenue
24% July
—1
—
31%
32
32
"*
$3 div
Third
Co__.
4 Va
4%
108%
16%
108
108%
6%
20.700
preferred ——A
Thermoid
30
6%
*48
4%
32
16%
16
108 Va
108%
6%
53%
6%
par
—100
preferred
6%
9,600
9%
13
-Na
1%
1°
■' ;
:
63%
9%
54
Mfg Co
conv
—
The Pair—.—-
92
9%
48%
V,
4%
32%
32
16'A
16
16%
16
32% '
32
331/4
33
108%
48
4%
9%
*52
73/a
V4
*12%
47%
41/4
.
12%
47%
6
—
120
*91%
92
-
54
*52
54
*91 Va
$3.60
130
93/4
120
120
*119
9%
9
9 Vb
9
*52
48
121/2
*47 Va
4
52%
52%
6 Vt
9%
52%
9
9
9
52%
*9
92'
*91
26'A
27%
25%
120
*118 Va
121
93
*90
253/4
25%
26
9%
*9
9%
*9Va
9Va
*8%
*119%
*
10% Mar 29
5
Corp
(The)
Texas
56
12% July
14
5.900
48%
18%
Apr
5% Mar
45
10
11%
48%
25%
Jun
Jan
6% Dec
11%
483%
55%
8%
Jan
3
50% Jan
11%
48%
19%
Jan
35
15
11%
48 %
55%
5%
7
13
28
11%
49
19V2
19
Dec
8% Oct
4 % Feb
11%
48%
55%
8% Jun
51
44% Sep
11%
49%
35%
3
12
Highest
$ per share
.No par
11%
49%
35%
Jan
4% Jan
per share
,—25
11
49%
35%
Jan
42
-5
$ per share
Texas Gulf Producing
11
11%
Tennessee
11
48%
35V4
5
7
50
Talcott Inc (James)—
110
50%
7%
8
9
700
8%
50%
7%
7%
Lowest
Highest
t per share ■
Par
2,500
*8 Vs
51
51
Lowest
Shares
share
50%
83A
8%
8%
51
f per
$ per share
$ per share
9 per share
t per share
f per share
Year 1943
Range since January 1
STOCK
EXCHANGE
the Week
Dec. 15
Dec. 14
Dec. 13
Dec. 13
Dec. 11
Dec. 9
Range for Previous
STOCKS
NEW YORK
Sales for
Friday
Thursday
Wednesday
Tuesday
Monday
Saturday
PRICES
HIGH SALE
AND
Monday, December-, 18, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
56
10
9% Nov
20
4%
117% Nov ,21
16% Dec 14
9% May
24%
July
34% July
101
Oct
6%
Jan
9%
Jun
Jan
67
77%
Jun
Jan
...11%
Jun
u
5.300
13,800
'
*117
118
*113 V2
114
*113%
*117
114
*113%
114
115 Va
115
104%
*103
104%
29%
30
29%
29%
29%
30%
29%
106'A
1061/4
106 V,
105%
34%
34%
35%
34%
*119
24
*23
*67%
68
*67
—
Va
*24%
25%
11/4
1
40 Va
40%
16%
115%
11s
103%
103
29%
29%
29%
29
29%
29*%
30%
105'%
104
35V4
105
34%
105%
35
35%
2,500
.
24.300
4%
»
16 V,
*106%
109
123
5%
1,300
4%%
122%
*121
24
24
*23 'A
122.
•
24
24
500
United
68
68
24
*67%
67%
67%
1,200
68
27%
1%
1 Va
1%
37.000
40%
40%
41%
40%
41%
40%
41%
64.900
$3
16%
16Va
163/a
16 'A
163%
10,500
106%
110%
100
$4.75
500
United
16%
109
*1061/4
.1063/4
.■'i
92% Feb
9%
93%
Jan
15
17%
Jan
16
Jan
—No
Jan
3
28
18
18%
Jan
1% Jan
3
1
li
Jan
2 V,
—No par
Co———
—5
31% Apr
19
13
17%
Jan
35%
12% Apr
18
95 % Jam
4
9»/2
9Va
68%
68%
10%
11
111/2
11%
HVa
10,200
United
Electric
35
34%
36%
35%
36%
35%
36%
36
36%
4.000
United
Engineering & Fdy
Fruit
89%
88%
90%
89'A
90
89 Va
89%
89%
91%
13%
13%
13 Va
13%
13%
13%
13%
13%
131/2
133/a
46%
13V4
45%
107%
109
43%
6Va
121/4
12%
12%
106%
107%
*43%
108'A
*63/3
107%
*107
12%
'
•
79 V2
186
*183%
38V4
133%
1341/4
26%
26%
48%
*4Va
4'A
5
5
*103Vi
106
16%
16%
5%
5%
42
*40
79
*77%
3%
3%
--
36%
51%
50%
147,%
56%
77%
134
50%
134%
134V+
58%
134%
*46
'A
7%
10 Va
36
36 'A
*45
47
3
'
148
55
*76%
59%
.
■
*46%
47
19
Jan
75%
16H
Dec
—
preferred
7%
U S
110
Corp,
51%
51%
149%
55
58V4
36%
2,2.00
56
56%
*76%
78
58%
58%
47
8,300
19,500
'
1,200
150
9.700
56%
78
60 %
.
61,900
2.800
27
27%
26%
27%
263/4
26%
26%
26%
4,700
48%
48%
*48%
48%
*48%
48%
*43'A
4834
10
4'A
*4%
135%
27
4Va
4%
4'A
4 Va
4%
4 Va
4'A
700
5
4%
104%
16%
16%
X16 Va
*5 Va
5%
5%
*39
40
40
78
78
*77%
*176
5%
104
*15%
;
51%
135
.
4%
4%
106%
*991/4
.16'A
*15%
5i%
41
*39
78%
•
5%
135%
135%
4%
5
*991/4
4%
305
16
16%
5%
5%
5.300
105
.
500
*176
~No
Co
5%
1,200
Universal
41
*38
41
10
79
80
130
13%
108
7%
19%
Jan
114
Jan
Apr
Apr
Oct
15
9% Sep
5
4%
Nov
SVaJuly
10% Nov 30
8%
Nov
9 Va
27
29 Va
Jan
6
23%
Jan
42
July
32
Jan
,•'44%
Jun
37% Jun
Jun
37'/a May
par
1
Feb
2
40
Feb
7
130
Jan
13
150
15
101
Jan
130
Dec
50
Nov
24
,61% July 13
46
Jan
62
May
64%
Jan
47%
Jan
3
69
May 25
50% Apr 19
par
,
4
li
54% July 14
25%
Jan
'A Dec
Dec
77% Aug 21
May 18
27% Aug 30
48% Feb 23
1%
%
46Vi
74
44% Apr
26
2% Jan
28
2% Apr
4
Jan
18
14% Jan
4
4% Nov
5
3
"A Oct
13
18 Va July
5
NOV
Jan
125
July
20 Va
NOV
29
Apr
42 V'a
Jan
50% Aug
Jan
3% July
112
3
Oct
56
Jan
88
Oct
13%
Dec
20% July
9
106% Dec
Sep
59% July
Jan
22
1
76
3% May
Jan
4
63% July 10
135% Dec 15
par
par
Nov
47% Oct 18
27
xll9% Jan
—1
,48
5
2%
Niv
6V4 July
No
par
31
Jan
4
41% Dec
7
30 Va
No y
.No
Laboratories
Preferred
par
100
68
Apr
27
80 'A Oct
11
59 %
Jan
41V, July
75% July
3% Jan
—1
Inc,.
—
Universal Leaf Tob
8%
*174
5
9
Sep
3
,_5
No
preferred
conv
Dec
19
—
United Stores class A
$6
9
33% Dec
113
% Apr
,25
preferred—
Stockyards Corp—.
Universal-Cyclops Steel Corp.
80
*176
'NO
1.200
*78%
80
—
non-cum
United
3
10
35
,50
—
Preferred
1%
Jan
19
Feb
Nov
30% Apr
40% Jan
.100
U 8 Tobacco
4
Jan
Oct
44i%
x42% July
,50
Min,—
U 8 Steel Corp
Jan
.100
Rubber Co,,—
8% non-cum 1st preferred
S
U S Smelting Ref &
Preferred
Jun
30
Oct
Apr
10 Va
.,10
No
—
16%
*39
41
*78
*176
;
%
4%
104%
16 Va
.
A
-
4%
105
4Va
135
135
U
39%
43% July 11
181%
Jan
,,1
„
JU 8 Realty & Impt
51% Nov 30
.
Dec
Jul*
,10
—
Plywood Corp—^
7
Jan
5% /Apr 24
8% Jan 25
20
U 8
5%
16% Jan
,_1
U S Pipe & Foundry.
U S Playing Card Co
1
18
110
10
300
Dec
15% Oct
5
par
.100
——
100
186
4
42
.NO par
.
Preferred
47
48%
26%
No
—
cl A
conv
10
34% Apr 24
,50
.No par
preferred————
Lines Co
U S
800
523/4
148%
*7CVa
78
.59 V8
7,900
8
10%
3%
50%
Leather Co
8
Partic &
Prior
Jan
8% Jan
170
,_5
preferred—
conv
88
70
.100
—
12% July
Mar 28
,20
———
Mach
Hoffman
5%%
113
3%
3%
148%
50%
■
55
56
78
59 %
*48
105
54%
*76V4
'
60 Vt
59%
3V4
148
.
*44
463/a
3 %
51%
147%
35%
37
7%
10%
*10
47..
463/s
3%
147%
73A
10%
*45
47
147 V,
8
7Va
10%
47
54V4
:
,
37
*45
*46%
'
*176
8Va
10%
37
.
47
*76
76%
*47%
36 Va
7%
10 Va
50%
.
54%
60 %
■'
.
47
31/4
51%
59%
99%
59
U
8
Dec
Apr
27
3,700
10 Va
5%
Jun
2.500
*111%
113
100
Jan
13% May
3.800
*111%
10
Dec
3Va
Jan
8%
113
7% Feb
99
Jan
32 Va
47
,
148
53%
2,300
21
Jan
40'A
36%
3%
*75
14%
4
7% Sep
9 Va
40
51%
109% Dec
4%
8%
*45
47%
51V,
148
3,700
81
184%
3
9
4
84%
32%
*111%
Dec
;•
5
8%
113
29%
Apr
17
32%
*111%
Sep
16% Jan
Jun
11
8%
113
76%
21% Feb
43%
40
60% Mar
9 Va
35
107% Dec
8%
40%
Nov
4
32%
40%
Jan
23%
3
8 •%
40%
July
5 Vb
12
14% Jan
.—
32%
39%
39%
66
Jan
15
36% Dec
97% Jan
Freight Co,—
U s Gypsum Co,
3%
38 Va
38%
11% Dec
5
.No par
U S
32'%
10%
46
3V4
14%
*50
78 Ve Aug 30
6
U S & Foreign Secur,—. .No par
No par
$6 1st preferred,-,
8%
*111%
36%
*46%
14%
51
90
5,400
32 Va
8
46
143/e
51
Jan
Feb
98% Jan
—
8%
38%
*10
36%
14%
*51
13.200
Improvement
33V4
8%
*10
17%
Gas
8%
113
8
1061/4
511/2
14%
14'%
51
9
15
17V4
CO 10
Jan
46% Dec
12%
Xl06%
79
2%
19
12%
*■
11% Aug 30
28% Jan
306%
17%
79
Dec
8
50
184%
Sep
96
15% Jun
100
X79
Sep
15 Va
Dec
30
63/a
*182%
Jun
Jan
11% Oct
United
——No
Co
32%
9
33%
*111%
14%
51
80
185
Jun
May
7%
Co.—.13%
United Merch & Mfrs Inc—1
5% preferred
—100
United Taperboard
,
10
3,900
•
Jun
94%
8.800
"
12%
69%
x26
5
4,300
,
114
14
17% July
106% Dec
15
108'A
16%
Jan
26% May
—5
U S Industrial Chemicals
38%
38V4
8%
33
79
■■
•
17
185
79%
184
14%
106%
163/;
17
51%
*51
51%
184
186
14 V2
14%
14V4
*51
78%
79i%
79
80
*183%
16%
17%
17
17%
16%
12%
106%
12%
109
Feb
5
Va Apr 19
8
41>A Dec
91% Dec
6%
45 Va
104
6
45
1% July
12
46%
*108
*6 3/8
^
100
5
—
Cos—
Oct
75 % Jan
6%
43%
*107%
.
Coal
Jun
par
12%
63A
Preferred—,.—,
114
United
106 Ve
43%
1081/2
6%
12%
12%
108%
44%
108%
*6%
109
*6%
7
108%
45%
44%
46 Vt
107%
*6%
—1
Dyewood Corp—
10
68
13%
Mar 23
Jun
22V4 May
Jan
10%
89%
4
Jan
*9V2
89%
24% Dec
5
Co— .——No
68
110
4
55%
Drug
Oct
May
33% July
109%
10%
89
20 % May
par
114 %
13
10
33%
100% Feb
97
15
69
34
40
Jan
20
10%.
34
28% Mar
Nov
79%
110% Sep
*9%
'
Jan
X24'A
36 V2 Dec
123% Dec
68%
U'
24%
10
18
9Va
,
30
19
11
68 Va
13
NOV
33% Nov
24
68%
9%
Dec
30
22% Apr
9%
*68
104
6
102% Jan
10%
.
1
70% July 31
preferred
Oct
6
10
68 Vt
9%
114%
Jun
.—100
11
■
Jan
25% Jun
26
5
,100
69
91/2
*67%
20% July
preferred ———No par
United
*106Va
16 %
100
No par
:
22
25%
109
22% July
102% July
United-Cavr Fast Corp
-No par
United Corporation—,—,-—No par
1 Va
105%
Jan
May
25%
28
Jan
Co
Carbon
IV*
Oct
Feb
Apr
15%
par
United
25%
115
*118
80%
61
1%
113
6
110
*251/4
16
116% Dec 15
preferred-,.
conv
1%
Nov
3
Car,
Biscuit
119
July
5
preferred
100
*26
Jan
100
o%
*112
*132
19
59
14
—
preferred
conv
19,100
86% May
Feb
.
United Air Lines Inc_—.
36%
1233/4
11%
Dee
17% Sep
United Aircraft Corp
1,700
106
Jan
113
par
preferred—.,
non-cum
Union Tank
Jan
8
20
93% Jan
Union Pacific RR Co_,
500
,
42
*76%
9
82% Jun
109% Feb
2,100
29%
26
7
100
Union Oil of California,
103%
29%
115
Jun
15% Dec
Sep
9% Feb
series—,—No par
,—25
Preferred $4.50
30
116%
*102%
Union El Co of Mo $5 pfd—_No
66
7
76
.
No par
3.000
19%
par
Paper——No par
Union Carbide & Carh
25%
Va.
40 Va
16 »/2
*103'A
19%
30
122%
68
*25
1%
*1061/4 109
114
*112
,
68
68
16%
16%
114
19
115%
34%
24%
*112
40 V,
40
11
*23'%
.
'
1 %
*24%
1
24V4
■
25%
■
114
19
104
104%
105%
122%
*121
122%
V4
*112
*113%
10
'.
Union Bag &
*
120
120
24
*112
117V2
29%
;
35%
35
117%
102 Va
30
29%
*104
118
114%
29%
115%
*1171%
19%
19
115%
*102%
29%
29%
78%
291/4
115%
104%.
115'/2
*102
79
113%
113%
19%
19
19V4
7.500
79
78%
118
*117
118
19%
19V4
791%
79%
79 Va
118
*117
191/4
79%
80
79%
80
79%
Under Elliott Fisher Co—No
preferred-.
;
4
Mar 20
162
6
176
July
Nov 24
150
165%
Jan
Nov
If,
20%
20%
21
13%
13%
34'A
v*
34
20%
,
13%
13
34%
34%
*115
A 116%
16
16%
4
20%
13%
*34
116%
16%
15%
15%
•
19 %
13%
34%
34%
*115/*
20%
13%
13%
*115/n 116%
15%
19%
20%
34%
13Va
'15%
48
13 Va
24%
1.000
*115,7f 116 Va
'40
.
15%
15%
15%
48%
*46%
48%
48
*47
48
89
*84
92
*841/2
90
*82%
90
89
*84
92
*84%
24%
92
4
61%
119%
119%
61
61
46
*44
37%
37%
126%
*123
'A
15%
*47
100
48'A
*82%
5,000
90
*82%
24%
4
60%
*119
*60
44%
*37 %
*123
24%
24%
3%
4
61
61%
119%
119%
*83
92
*83
92
233A
900
4
3%
3%
3%
3%
3%
3%
2,600
60'A
60%
601/2
60%
61'A
61'A
1,600
*118%
119%
118%
118%
118 3/4
1183A
240
119%
60 %
24
V?
*23%
24
62
*60
61
60%
*60%
44%
*44 %
46
*45
46%
*45
46%
*37%
37%
*37%
38
38
38
38
126
*123
126
*123
*150
127
160
*123
151
151
*64
66
,*64%
.65%
.65%
13
13%
13%
13%
*150
62
127
23%
61
*45
37%
*123
62
——10
Raalte Co Inc—.
Van
Vick
'60
46 %
100
37%
5C>0
127
160
*150
160
io
66
.66
67
1,700
13%
30%
1.500
Jan
5
16% Dec
9
16
Dec
12%
40 Va
44%
Dec
41% Jan
25
51
Oct
21
15
82
Dec
5
51
Feb
11
85% July 23
57
Feb
21% Jan
7
20%
Nov.
3 Va Sep
14
70
No par
&
Va Iron
Pow
$5
pre%
Coal &; Coke 5%
50
100.
—100
pfd
Sep
7
25% Aug
1
5% Mar 24
62% July
5
2%
39
65
Jan
Jan
Jan
Aug 23
Oct
Oct
Aug
67% May
..
.26% .Feb
6% July
68% July
14
120
38% Feb
17
63
37
Jan
21
44 % Dec
8
33
Apr
19
38% Nov
18
29% Jan
Oct
20
80
Jan
110
Aug
July
6
113
Jan
150
NOV
113% Jun
100
25
6 % preferred:—':
25
Vulcan Detinning Co——.j—jIjOOv
Virginian Ry Co,—
.
Jan
4
125
Feb
14
155
40
Jan
3
10% Jan 19
l-No par
26% Apr
1
100 : xl05
Nov 14
Walker (Hiram) G & W
No par
48
Feb
4
Div redeem preferred,—No par *
17% Jan 12
Walworth Co,
-No par
7V4 Jan
3
67
Preferred
Oct
120
Mar
63% Jan
.
Feb
37%
8
115
——,—,8
div partic preferred
El
Jau
25%
5
Sep
12% May 15
non-cum
Va-Carolina ..Chemical
Va
15%
8%
52
100
preferred—:
100
Chemical Works—-—.—5
Chemical Co
6%
14Va Nov 27
20
12% May 15
.
1st
Victor
23% July
4
Oct
28
preferred————100,
Vertientes-Camaguey Sugar Co_6%
1%
25% July
Jay
4
9% Jan
17% Jan
-No parr
Van Norman Co———-2.50
,5%
61
24%
Vanadium Corp of Am,
Vicks Shreve & Pac Ry
•
*146
*146
13 Va
1.700
34%
*82%
24%
4
61
14.800
116%
*47
89
13Va
21%
34%
48%
*84
201/4
*115 ill
89
46%
*84
.
34%
*34
115% l:153/4
15%
2C%
102
149
——,——100
r
Nov
22
20%
Jan
27.
Jan
45"
40
35%
Oct
Oct
Sep
W
65
66
13%
13%
30%
*30
107%
108
65%
65
*18%
8%
For
19
8%
65%
*13
30 Vs
108
65
*18%
8%
65%
,
13%
30 V4
108
65
19
8%
footnotes see page 2667.
I3V4
13%
13%
600
*30 Va
31
30%
30%
*30%
30%
*107%
108
>107%
108 %
'107 %
108 %
*1'07%
108%
'50
64
64 %
'64%
65
66%
65%
66%
2,800
19
*18%
19
18%
19
400
8%
9
5.400
64
*18%
8%
8'
8%
19
8%
*18%
8%
8%
30%.
Wabash
RR, 4%%
Waldorf System
Walgreen Co——
4% preferred
preferred
,
100
No par
,
Jan
40 Va
Deo
15
2
7%
Jan
11% May
4
20%
Jan
28Va July
30% Dec
108% Nov 27
68
Nov
22
38%
Jan
54%
X20
Nov
9
15%
Jan
18% May
27
4%
Jan
—
_
24 Va
Dec
14'A Dec
10% Jun
9%
Oct
Jun
(Volume 160
•
2667
COMMERCIAL & FINANCIAL CHRONICLE
THE
Number 4343
'
.
RECORD
NEW YORK STOCK
Dec. 11
* per
S
sharp
f per
per share
9'A
9%
*9%
9%
13%
1%
60 %
61%
59%
13%
61
13%
13%
13%
13%
35%
:
60
*1%
9%
1%
60 %
1%
13%
13%
*35
35%
35%
24%
24%
24%
*24%
25
24JA
24%
20%
20%
20%
20%
20%
21
21
21%
31%
31%
*31%
31%
31%
31%
10
10%
*34%
35%
*24 %
*24%
24%
82%
82%
25%
25%
102%
102'%
*82
*31%
24%.
24%
82%
v
*82
82%
82%
25 %
25%
102 %
*101
:
24%
25%
24%
82%
24%
82%
25%
*84
25%
102%
xlOO'A
*110
112
110%
110%
101
101
101%
118%
117%:; 118%
*117%
24%
X23%
23%
23%
23%
*108%
*108%
110
35%
36%
*35%
110
36%
4%
50
24%
4%
'4%
13
13%
*12%
45%
•45%
45%
44%
45%
"44%
27%
27%
27%
27%
27%
*26%
27%
*26%
30%
45%
*27
30
30%
30%
31%
31%
31%
30%
117%
116
116%
115%
116%
115%
117
140
138
138
137
137
136%
136%
*135%
138%
35%
35 V*
35 %
27%
28
29%
117%
119
116
140
140
*137
35%
35%
32%
32'A
32
4%
28
*110
110%
110
111
111
108
*106%
108
107
107
*107'
71
*70
'104
105%
*67
71
31%
31%
30%
89
89%
31%
90
.91%
21
,20%
20 %
26%
26%
26%
*20%
20%
*20%
26%
26%
26%
8%
8%
8%
8%
*82%
84%
*82%
*30%
31
31
.
30%
91%
$4.50
30
$4.25
21
21
*20%
25%'
26
26 Vw
8%
8%
84
*82%
84
*82%
84
31%
*30%
31%
*30%
31%
*30%
31%
*7%
7%
*7%
7%
7%
7%
7%
$4
Wilcox
16%
17%
16%
17
16%
16%
16% ,17%
17%
17%
17%
18
10%
10%
10%
10%
10%
1.0%
10%
10%
10%
10%
10%
10%
98
98
98%
*98%
98%
98%
98%
98 %
98%
98%
99
1,200
13%
13%
13%
*13
13%
13 %
13%
1.100
*125%
.
13%
*125%
—
*125%
,
*13
'
—
13%
.
1314
13%
•
•
21%
20%
20%
21%
20%
2oVs
*20%
21
20%
21%
1.100
42 %
42'/2
42%
42%
41%
42%
41%
42%
42 %
42%
7.900
Woolworth
36%
37%
36%
36%
36%
36%
36%
36%
36% >
36%
36%
37 y3
4,800
80 %
79
79
79
80
80
r
*78
80
■*•79
80
79
83
83
*81
84
*81
77%
79
80
80
80%
80%
73
72
72
72
72
*70%
72
*33
33%
33
34
34%
35%
13%
13%
13%
13%
*72
*81
84
83
83
*83
80
84
80
*78
81
*78%
71
71%
84
120
500
.
33
32%
32%
33%
33%
13"%
14
13%
14
13%
13%
13%
13%
19%
19%
19%
19%
19
39%
19 >A
1
38%
39
38%
38%
387/a
40%
!
11,500
*104%
105
ldt%
104%
104%
104%
,
120
18 %
18%
18%
18%
18%
18%
39
38%
18%
18%
18%
38%
39
39
39
38%
•Bid
and
5%
5%
asked
York Corp_:
39 Vd
18%
5%
6.600
104%
19%
18%
5%
•
38%
5%
18%
39
39
39
prices; no sales on this day.
5%
tin receivership,
a
19
19'A
*38%
5%
5%
5%
19%
Oct
4
120
Jan
36% Dec
13
12
59% Feb
97 y4 Jan
Jun
Jan
40
July
22%
Nov
29 y4 May
12
106%
Jan
Dec
112 %
3
77
July 17
52
Mar
60
Apr
85
Jan
99
Oct
18
Jan
24% July
58%
Jan
71% July
par
20% Feb
7
104% Aug 25
32% July 10
par
66% Jan
28
92% Dec 13
18
Feb
7
22
15
Jan
20
1
20
Feb
7
29% July
13%
Jun
22% Aug
9% July 5
87% Oct 13
'2%
Jan
40
Jan
86
Dec
11
x2Q%
Jan
27
9% Apr
5
2%
Jan
6% July
5
2%
Jan
9Va
5
Jan
26
X64% Jan 24
31
July 38
7
14
—I
6
Feb
3
20% July
No par
8
Jan
3
11% July 10
4%
No par
80 % Jan
4
99 y4 Nov
21
57%
Jan
5
14% July 14
Sep
25
24
5
-
10%
123
pfd—100
30
Sep
Oct
Apr
Oct
jun
Jan
9%
Jan
86%
Oct
9
Jan
11%
Apr
115
Jan
Sep
Dec
121
24% July
19% Apr 27
3
36% Jan
10
24
6
17%
Jan
44% Oct
11
30 %
Jan
20% Jan
—10
a—
125
7%
41% Nov
13
16%
Jan
25%
Jan
54
Jun
57%
Jun
4
July
47% Jan
5
82% Nov
8
44%
Jan
5
84
Nov
4
46
Jan
49
42'% July
108
Oct
69%
Jun
8
91% Dec
5
78%
Dec
58
Apr
26
74% Nov
1
58 y8
Jan
70 ya
Apr
Sep
36% July 17
21%
Jan
31%
Sep
20% July 14
"7%
Jan
42% July
5
30
Jan
17% July
4iy4 July
106% Nov 21
82
27% Mar
9 %
:
;
6
Apr 25
14% Jan
3
33% Apr
24
96
Jan
6
13
Jttn
15% July 20
.
3
Jan
98
Nov
9y8
Jan
16%
Jun
19%
18% Dec
Jan
37% July
Jan
4% May
9
9^000
5%
n New
Deferred delivery,
Zenith Radio Corp—
Zonite Products Corp.
4,600
39
5%
Stock,
3% Jan
wd When distributed.
s Special sales,
r Cash sale,
19
6% July
5
2
y Ex-rights.
x-Ex-dividends.
CSS
Transactions at the New York Garb Exchange
Daily, Weekly and Yearly
Daily, Weekly and Yearly
Stocks,
of
Number
Stocks
United States
Total
Foreign
Government
Bond
Bonds
Railroad
and Miscel.
Bonds
Sales
Bonds
Shares
Week Ended Dec. 15,1944
2,135,780
$6,092,500
11,650,600
9,771,500
9,562,000
14,832,300
19,080,500
263,000
37,000
$1,902,000
$57,000
$72,948,400
1,502,350
Monday
Tuesday
1,154,940
—
.
1,127,730
1,386,170
Wednesday————
Thursday-
—
Friday
Total.
Week Ended Dec. 15,1944
19,380,500
$70,989,400
1,044,800
——
(Number
of
Shares)
$6,323,500
$2,000
$229,000
8,351,770
Saturday—
3,000
1,000
9,000
$362,000
15,332,300
Wednesday—-—:
Thursday
Total
$5,000
$382,000
5,000
537,000
~~2~o6o
607,000
470,000
490,000
8,000
571,000
52,000
375,280
—
—
587,000
18,000
418,620
Total
,
—.
—
1,173,000
$3;653,000
$185,000
Week Ended Dec. 15
1943
1944
Stocks—No. of shares
1944
1943
Stocks—No, of shares——.
8,351,770
—,
4,138,580
248,822,500
$57,000
$724,300
$5,614,200
100,339,000
116,887,600'
56,724,500
2,472,745,300
3,045,751,800*
Railroad & industrial—
i;
u,
—.
—
——
.70,989,400
Total:
$59,478,800 $2,578,698,500 $3,166,698,775
$72,948,400
—i—
A
67,535,393
1943
69,331,081
——$3,850;000
-
-
$3,732,000 $174,656,500 $225,022,000
Stock And Bond Averages
J.
s,.
■
'
Below
are
the daily closing averages
listed on'the New York Stock Exchange as
of representative stocks and bonds
compiled by Dow, Jones & Co.
—stocks
.
—
—
-Bonds"—J~
10
Total
10
Second:
30
Date—
20
15
Total
10
First
Indus¬
Jan. 1 to Dec.15
1944
$3,678,000 $163,717,500 $211,409,000
53,000
9,710,000
12,327,000
3,000
1,229,000
1,286,000
——
—
Foreign corporate—
'•
H
1,017,772
$3,850,000
12,000
$3,653,000
Foreign government-;
j
r
1943
$12,000
Bonds
-
1,902,000
Total
2,142,015
—
$4,059,375'
2,030, OOP
623,000
1,203,000
270,389,650
Bonat
U. S. Government——
498,000
30,000
2,142,015
Jan. 1 to Dec. 15
1944
Foreign
$15,000
62,000
.
347,100
—*
Value)
Corporate
409,320
9,791,000
491,000
Bonds (Par
Foreign
Government
Domestic
327,315
10,118,500
5,000
264,380'
12,002,600°
346,000
224,000
349,000
Week Ended Dec. 15
I
Jun
—20
Transactions at the New York Stock Exchange
I
Jun
107% Nov 30
19
.100
136
31
July 21
111
.100
July
C1
5%
,
6,900
100
101% May 26
Mfg. Co
Yale & Towne
104%
39%
105
105
Jan
105% Jan
-—28
.-1
Young Spring & Wire
No par
Youngstown Sheet & Tube__No par
5%% preferred series A—.
100
Youngstown Steel Door
No par
1.500
3.500
19%
19 %
39%
40
105
105
•
Jan
81
Dec
Dec
24 % May
15%
9
12
31'/a Dec
...
_
33
% Jan 20
32
(F W) Co—
:
24%
144
(Del) —No par
Prior pfd 4%% series,
—>—-100
Prior pfd 4% % Conv series—100
Wright Aeronautical
No par
Wrigley'(Wm) Jr (Del)
No par
200
80
70%
71%
31% July 10
Nov
4
Worthington P & M
500
*79
Apr
Oct
22
4% Jan
Woodward Iron Go
42'A
■'
Apr
49%
27
Co 6%
42
*21
6%
11 %
Oct
——.——10
Co
21%
'<
Jan
8
-
Wisconsin El Pow
Dec
Jan
Jan
preferred
Wilson-Jones
*128
*126
*126
$6
Sep
31%
2%
No par
—
Oct
16%
110
5%
13
...20
Wilson & Co Inc
Oct
Jun
37 y8
5
29 % Dec
Motors—
Willys-Overland
Oct
87%
119
3
6% July
16% July
127% Mar
Nov
53% July 10
7
3
10
25% Jan
Co——
75.100
Jan
119
..
14,400
A
Jan
19
7
1
Corp—
-No par
preferred-:
Oil
103
Feb
22
Jan
4
6
24
preferred
Prior
100
1.800
.
conv
11%
July 10
Dec
37% Dec
Feb
—
11
7% Jan
White Sewing Mach
7%
*98
110
No par
preferred
3,000
7'A
-
28
1
50
SO
White Motor Co
-
Jan
Apr
preferred
6.800
7%
Jan
21
preferred
■1,201
V.
*82%
57
109
4
3% Jan
Instrument
:
8%
84
15
18
x91
Wheeling Steel Corp
$5 conv prior pref—
White Dental Mfg (The S S)
200
*30%
31
7 % • -; 7%
Elec
;
21
sya
8%
8%
20
6,700
27%
99
-No par
Wheeling & Lake Erie Ry—
5Vz% conv preferred
30
91%
91
92 %
21
26%
26
Jan
25
41
—12.50
Westvaco Chlorine Prod——No Par
210
32
67%
Feb
16% Jan
——No par
partic
'
31
30%
1st
Weston
,
t
Aug
26% Apr
103
preferred—100
2nd,
non-cum
Westinghouse El & Mfg
280
4,400
71
Dec
85
101% Dee
1,000
105
20 %
Jan
118% Sep
•
'
*104%
105
Jan
1
110
71
73
*69
*104%
8%
60%
Apr
3
107 "
109%
*106'A
92 %
*20%
8%
8%
84%
28
107
79%
85 % Jan
Westlnghouse Air Brake
6.700
.
26% July
Jan
113% Apr
Class B
800
I
Jan
111% Dec
4%
12,000
'
Jan
16
,
8% July
2%
17%
96% Feb
.—100'
Sep
Dec
July
69
10% July
26% Dec
Co—No par
Apr
83
102% Dec
preferred—^—
July
25% Jun
3
Western Union Teleg class A-No par
14.600
118
116%
111
30%
91%
92
31%
21%
28
71
30%
27'A
30%
27
i
26
9
6 %
4.000
45%
107
106
*104%
44'%
'
*110-
108
71
73
15
44%
34%'
111.
104%
104%
30%
31%
88%
105%
*104
44%
28%
28%
28 %
28
28
30
111
*106%
"
14%
14%,
*26%
13%
"
36 %
35%
36
*110
*28%
45
4%
4V2"
13%.
-
Jan
Jan
:j.
Western. Auto Supply Co——;
10
Western Maryland Ry__
—100
6,100
5%
4%
4%
13%
4
,
17%
18% Feb
-a
West Va Pulp & pap
20
%
4%
14
20 %
preferred—
—j—100
6% preferred——
100
West Penn Power 4%% pfd-—_ 100
1,100
13%
4%
13%
23%
Jan
83
preferred'*.
Indies Sugar Corp
1%
2,600
36
35%
Jan
12%
West Penn Electric class A—No par
220
110
*107
35%
15%
13
6
West
180
*23%
23%
110
"
35%
No par
-1
140
;
Aug 23
Jan
$4 conv
300
118
*117%
118
1
3
101%
32%
Jan
7%
31 % Dec
6
26
12,000
112
101%
101%
*100%
110
*107
110
*106
36%
36
36%
*36
24%
24%
24%
24%
110
111
101'A
*110
111
111%
15% July
Deo
21% Dec
6% Jan
1
Jan
22
25
77
i,
July 30
2
25
22 Ye Jan
101
*99%
100%
15
15'A Apr 25
No par
56
26
36% Dec
Jan
May
2% Mar
May 18
14
23
share
13
62
27
Jan
No par
500
25%
■
■
Jan
22 % Apr
Fdy <fe Pipe
$ per
Jan
%
Wesson Oil & Snowdrift
6.000
•.
85
25
4%
2>% Aug 21
Wayne Pump Go
Webster Eisenlohr:
600
»
9%
V* ...24%
9%
82%
11% Mar 31
9
22% Feb
No par
Washington Gas Lb Co——Na par
Waukesha Motor Co
5
900
27
11% Apr 24
—5
Pictures
Bros
Warren
2,900
31
31
31%
24
100
118%
21
9%,
111%
117%, 117
24'A
20%
24%
100
118
24
9%
100
118
200
Highest
t per share
Jan
45
50
—,
t per share
1% Feb
8
No par
-
preferred
Warner
25,400
X24%
,
110'A
110%
,100
13%
35%
*102
102%
*101
13%
35%
24%
20%
31%
24'A
10
9%
$7
13%
24%
20%
9%
*24%,
10
500
2,600
35%
*35
31%
.
9%
24%
9%
*24%
.
x59
60%,
13%
35%
*34%
1%
59%
*1%
1%
60 %•
B
Class
-_No par
cl A
Ward Baking Co
Lowest
Highest
I per share
Par
400
9%
*9%
9%
Lowest
Shares
t per share
t per share
9'A
60%
1%
1%
1%
1%
60'/a
f per share
share
Year 1948
Range since January 1
STOCK
YORK
EXCHANGE
the Week
*
9%
*1%
Dec. 13
Dec. 13
Dec.!)
Dec. 14
NEW
Sales for
Friday
Dec. 15
Thursday
Wednesday
Tuesday
Range for Previous
STOCKS
HIGH SALE PRICES
AND
LOW
Monday
Saturday
Rail¬
Utili¬
65
Indus¬
Grade
Grade
Utili¬
40
Stocks
trials
Rails
Rails
ties
Bonds
13)1.80
90.10
101.95
trials
ties
roads,
.
109.02
-104.50
December
9
25.59
*
55.27?
1Q707
December
11
151.62
45.90
25.65
J
55.44
107.14
December
12
151.20
45.78
25.71
55.32
107'. 20'
112.04
90.05.
109.11
Decemberv 13—
150.64
45.70
25.77
53.1»'
107:14'
112.13
90.33
109.08
104.67
December
141
150.80
46.90
25.99
107:15
112.26
.90.54
109.0$
104.75
,
55.6#
December
15
152.28
->
47.34
26.10
56,13
107.19
112.59
90:69
108.99
104.87
151.31
45.62
.
-
,
90; 14
.
.
109.02
„
-
104.57
104.60
185,000
THE COMMERCIAL &
2668
Monday,' December 18, 1944
FINANCIAL CHRONICLE
~0-
MemdReemd
New York Stock Exchange
<oi
FRIDAY
notice—Prices
are
and when
the week
The italic letters
"and
Friday
BONDS
FOR WEEK
Period
U.
S.
Treasury
Treasury
2%s
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
No.
Low
109.23
103.29
105.9
106.9
J-D
*103. 22
103.24
104.3
105.18
J-D
*109 28
109.30
109.28
J-D
103.18
104
110 18
110.18
110.9
112.6
111.16
M-S
*101. 20
101.22
102.3
M-S
105.31
106.3
*109 .6
109.8.
108.19
M-S
*111 ,24
111.26'
111.9
*111 24
lil.26
111.7
*112 .1
112.3
111.7
J-D
*101 ,31
102.1*
102.28
103.9
1948
M-S
*105 .28
105.30
106.16
106.24
J-D
*106 .26
106.28
106.14 106.31
1949- 1953
———
1950- 1952
1954
Treasury 2%s
1952Treasury 2%s—
1956- 1958
Treasury 2'%s
—1962- 1967
Treasury 2%s —
—1963- 1968
1969
Treasury 2y2S——
—June 1964Treasury 2y2s
Dec. 1964- 1969
107.11
107.7
*103 .26
103.28
103.29
103 .20
103.21
103.17
*100 .17
100.19
100.11
*100 .6
100.8
100
elOO..2
el00.2
J-D
el00.2
100
100.3
100 3
100.3
6
100
100. 3
100.3
49
100
26
543%
No.
27_
54
Series
No.
28
No.
29
*53
No.
30—,
(City)
_1PS1
Canada
3s
102.8
J-D
*107 .10
107.12
106.18
107.11
A Carlsbad
M-S
*100 ,16
100.18
100.2
100.20
A Chile
J-D
*103 .19
103.21
Treasury 25————Mar
M-3
*101 .27
101.29
Treasury
J-D
*104 ,8
104.10
J- J
*101 ,24
101.26
*101 ,22
101.24
Treasury
Treasury
Treasury
,
Treasury
Treasury
Treasury
Treasury
Treasury
■
Treasury
1948- >1950
2s——
—Dec 1948- 1950
2s
^
—Jun 1949- ■1951
2s
—Sep 1949- ■1951
2s
—
Dec 1949- ■1951
2s
-March 1950> ■1952
2s__———Sept 195.0- •1952
-1953
2s ———19512s_„
1951- •1955
2s_————
1952- •1954
2s^
—.
1953- ■1953
lVis
—June 15 1948
Treasury
Home Owners'
1V2S
*101 .20
*101 .14
100 .21
M-S
J-D
100.14
105 12
_
.
105.12-.
1
A Extl
100.15
4
New
1980
Corporate Stock
J-D
77
ell2% 113%
113
408% ,114
120
Broadway,
2
101 3 4
103'/a
2
103',
8
104%
101%
105 %
___1947
____1948
A-O
(King of Norway) 4s____1968
M-S
fund 6s_„
AGtd sink
Akerslius
(Dept)
AAntioqula
A
External
s
AExternal.
A
External
coll 7s A
V-A
61'%
.
,61%
I
bs
19'%
19%
10
17%
20
18 3
a
18'%
19
16'%
19%
19'%
39%
3
1GV4
20
18%
18 Vu
18%
12
Hi %
19%
17%
20
16'/a
19
y-s
1962
A-O
1962
A-0
s
—Sep
sinking fund 6s_—
sinking fund 6s
—1963
1963
—1957
1957
1961
——1961
6s.._
1962
Cons MUnlc 7s
1960
of 1928
of
—Oct
1927
external
Jan
f $
s
bonds
1949
F-A
lADenmark 20-year extl 6s__
External
32
5%s
32
5%s 2d
95
French Republic 7s stamped
___1972
F-A
91%
SG%
91%
__1972
5s of '25-1955
A-0
91
90
91
7s
f extl conv loan 4s Apr__
External
s
J-J
1957
_
100
M-S
M-S
*101
,1955
J-J
1953
J-D
J-D
part
82%
93
A 6s
part
82%
93
26
92
101
92
101
18
*100'%
1941
f 6s
M-N
1949
A7s
10
100%
1956
Greek
99%
External s f 7s___
"IABrazil, (U S of) external 8s
95%
96
22
60%
37
102
100V4
61%
102%
100%
*104
61%
98
88
100%
102
106%
11
79V»
11
A-0
M-S
A-O
100
A-O
V4
89%
67%
84%
92
*100
71%
Q9
A-0
86%
100 %
14
85
100%
1
84
101
*100
100% 100Vt»
10C3/S
J-J
100
100'%
*46'%
J-D
30
48
45
101%
106%
100
1949
1949
100
*106%
Government—
1964
1988
(Republic) s f 6s series A—1952
Irish Free State extl s I 5s
i.S60
1G%
paid——
paid
16%
16%
13 V4
15V»
40
96%
96 3 4
3
M-N
A Assented
(US)
to
5,
Nov.
extl 5s of
1942,
21 %
19%
98%
100%
12%
14
19
16Vi
34
973%
88
98%
*12%
13V4
10%
11%
*10'%
33V4
11%
33 3%
.
34
*90
M-N
agree
1899 £—1943
■
95 Vb
fj
J-D
J-D
A Mexico
13
75'%
*101%
A-0
AJugoslavia (State Mtge Bk) 7s—1957
(Colombia) 6%S—
-1954
(Prov) 4s readjusted
_1954
Mexican Irrigation—
A4%s stamped assented———..1943
AMedellin
Mendoza
15
33
15
96%
A-0
Haiti
65%
50
Stamped pursuant to Plan A
80
78
7s——1967
unstamped
101%
80
100%
100
100%
—
(Republic of)
89
79%
*1003%
1961
''
77
89
M-S
1969
56%
series
82
69
2
A-O
1940
series—
152
59%
F-A
1969
92
1st
112%
59%
83'%
1940
5%s
*88
98%
104%
139-T*
1942
16%
sink fund
series
108 %
78
"
83
80
'
106%
100%
13
;
1962
lADominiean Rep Cust Ad 5%s
§Alst series 5%s of 1926
33%
108
104%
106
*»
J-J
79%
21
33
294
_1955
5%s——
gold
External gold 4%s__
16'%
34
82
57 %
76
*72
A-0
1942
32
121
59V4
2
*153%
32
94
15
*166V4
3-D
1927_
106
A-O
§A2d
93 %
41%
10334
J-D
AEstonla
4%s of 1928
external 6'/2s
-29%
J-J
—
31
External g
29 V'8
1953
5%s
16%
of
.1952
1945
wks
Customs Admin 5%s 2d series
100% 101%
41%
*106%
J-D
36%
93%
42
34
41%
*40%
.—1977
36%
101'4
69 %
51%
36
41'%
41%
4%s
loan
36%
M-N
57'%
39 V4
34
external debt
Sinking fund 5%s
4 %s
32
5s
M-N
F-A
69%
1
*106
17
M-N
57'%
5
64
*40%
M-S
*29%
,
A-O
1949
(Republic of) 5s of 1914
A-0
External
49'%,
75
f 7s 3rd series__1957
Belgium
68 3/4
48 34
71%
s
(Commonw'lth)
68%
68 V4
72 Vh
sec
Australia
68%
J-J
71
17
1971
28%
72%
17
A Antwerp
(City) external 5s
^__1958
Argentine (National Government)—
S f external 4'/2s
1948
17%
16
71%
1
32
173/4
14%
31
*20
M-N
AExternal
S
16'%
16%
16%
J-D
A-0
81 extl conv loan 4s Feb
18
*17%
*37'/«
16%
M-N
A-0
4'/2s~
18
18'%
1951
;
___1957
loan
18 V4
153,4
/
A-0
1961
1940
7s
f 7s 2d series___1957
conv
18%
17 %
17%
16 V4
A-0
1981
—1947
5s__
(Rep of)
s
f
17%
153%
—1953
(City)
Rica
s
S
18%
18%
1947
2
*29%
18:'%
16
.1970
sec
series
17
(Republic of)—
36%.
36 3%
16
17'%
*
J-D
36%
-
1
18%
*16'%
M-S
34'%
*34
18 %
16
17%
17%
M-S
5s_—1981
17
17y4
17%
M-N
—I960
19
1
18'%
*16'%
17%
M-N
1962
—
16%
14
18
18»%
A-O
19%
19%
19
18%
18 VB
18%
A-O
36%
34%
J-J
16%
173a
J-D
sink fund 6s__
19%
17%
1934
J-D
71
J-J
12
18 Vi
'
J-D
_1961
AExternal
1st
103/«
J-D
—1961
AExternal
7s
.18%
18%
m-n
u.-.
(Hukuang Ry)
18%
M-N
assented—:
36'%
J-J
19%
19%
18%
17
1945
f
50%
61%
86
16%
F-A
66%
___1945
f 7s series C____.
■
75
F-A
28
__1945
f 7s series B__
18%
1961
36%
34%
f 7s series D
193%
*19'%
18%
1961
34'%
*73'%
J-J
s
60
53
*60
1945
s
19
19%
18%
18%
(Rep of) 8s ser A-1951
ASinking fund 8s series B__
1952
(Colombia)-—
Mtge Bank
AGtd sink fund 6s
16%
Feb
A Czechoslovakia
& Municipal
Agricultural
19%
18%
Feb
1961
A Public
Govt.
Foreign
19'%
M-3
External
:
19%
18
*20
J-J
A6s
Cuba
1-1693
A-O
45
19 V*
A-O
18
M-N
I960
40
18%
M-N
1942
103V4
*103 %
J-J
1942
25-year gold 4%s
NY
J-J
1954
Mtge Bank 6%s__
ASinking fund 7s of 1926
New York
103%
J-J
Copenhagen
2-2300
106%
103V4
101'%
103'% 103%
ASinking fund 7s of 1927
REctor
104'%
101 VB
1
101% 101%
A Colombia
Teletype
8
9
102'% 102'%
I9tn
A
Exchange
106% 106%
102'% 102%
I9bi
Chinese
A Costa
110%
J-J
1961
Colombia
York Stock
106%
67%
108 Vi
J-J
A7s assented
Members New
25
50
M-N
Jan
A Chilean
Telephone
"'4
J-J
6s
A6s assented
Wertheim & Go.
67%
1953
t 7s
s
AGuaranteed sink fund
Foreign Securities
88'%
84
1958
Mortgage Bank 6%s
6s
86%
2
73%
1948
Sinking fund 6 Vis
A6Vis assented
3s
73'%
82%
15
A 6s assented—.
■
J-J
i960
External
AGuaranteed
a
87%
3
84
15
>
A6%s assented
A
86%
72%
,
1967
assented—
A6s
City
York
95
72
5
15
8s
assented
A 6s
100.28 100.28
102
90
(>3
109% 109%
1093%
—Jan
AExternal
*100.14
J-D
99%
f
Jan
assented
AExternal
101.16
92
95Vs
G3%
67%
A-0
sinking fund 6s______Sep
105.12 10542
101.5
993%
Jan
assented
100.16 100.19
100.19
100.9
58%
,
1968
sinking fund
A6s
A Chile
1945 -1947
.
(City)
A».y external
100.28
55 '
51 %
92-
;
84
J-J
1961
assented——
AGs
^
58%
59%
51 %
Jan
A Extl
101.10
59%
51
82
82%
82%
1960
assented
101.20
*101 .8
J-D
^7s
100.21 101.10
100.5
8
100.25,
*100 13
J-D
'
_1984
!
(Rep)
A6s
10149
101.6
_
100.22
*100 23
J-D
101.26
ldL8~
T
101,7
M-N
—
——.—
AGs
101.15
*101 6
A-O
,.—1975
—
104.8
101.26
101.22
M-S
M-3
104.8
_
52
3
97
81%
AExternal sinking fund 6a
Unification Issue—
Transit
3%
J-D
loT5l loTSl
II
58%
5
■
*90%
1976
—
—
.
Loan Corp-—
M_—
series
M-S
3s
3s
*96'%
M-a
3Vis—
107.3
.1947
51
*101'% 102
-1976
3s
100.18
__
F-A
30-yr 4s
30-year
106.9
•
M-S
4%-45/as
25-year
100.9
—
55%
3
*973/4 ' '98%
1977
f 4%-4%s
s
30-year
2%s
102.8
2s—
gold 6s
(Dom of)
106.23
Treasury
60
52
(Province of)—
external s f $ bonds
3%
102.4
1959
M-S
,
stamped-
*102 .2
—1956-
1957
F-A
*106 .21
_
,
J-D
*100 .16
2'As
54%
503%
59
*53
f 5s_.
1950
J-J
Treasury
s
1958
J-D
__
,
•
*53
Series
M-S
100.18
6
2
•
54%
External s f 4%-4Vis—
100.14
2
>
51%
No.
Series
Refunding s f 4%-4%s
100.11
100.3
54%
Series
External readj
100.12
J-D
543%
55V4
51%
22
,
54%.
54%
A6s
100.16
M-S
—
2y2s •
1965- 1970
Treasury 2%s—;——
—1967- 1972
Treasury 2%s
-1951- 1953
Treasury 2'As
—;—_1952- 1953
Treasury 2 'As
—1954- 1956
Treasury
54%
'
No/25___„_—
External
100.17
J-D
54%
54 3%
■
—
Sinking fund gold 5s
103.22
J-D
52
3
54%
54%
54'%
24__
Sinking fund
104
M-3
Series
Buenos Aires
107.7
M-S
No.
Brisbane
.
*107. 9
January 1
Low
High
54%
Series
3%s Series
109.12
M-S
54'%
3Vis
112.6
2 Vis
Treasury 2%s
23
3 Vis
-
Treasury
No.
3%s
111.13
J-D
54 %
Series
3 Vis
1 111.15
J-D
22_——____.
3V4s
106.24
J-D
21—
No.
33/4S
10341
*105. 29
Range Since
Sold
No.
—
No.
Series
3 %s
112.13
M-S
Bonds
'
111.11
112. 6
112.6
(Continued)
Series
3Vis
104.20
M-S
Last
Sale Price Bid & Asked
Lou>
tush
33/45
110.19
*103 16
bonds
$
Week's Range
or Friday's
Friday
Interest
Exchange
(Continued)
External
IP945 1Q2.29
1945
Treasury 2%s
Brazil
111.23
109.24
*109.21
*103 27
4-0
Stock
Period
High
M-8
J-D
—
Treasury
New York
Range Since
January 1
Sold
High
Low
1947 *1958
4s____————_1944> -1954
3V4s.—i
—-—-1946' -1950
•1949
3 (4 s
1946>1952
3 Vis8—:
1949>1948
3s
—19463s
1951- >1953,
1960
2%s
19552%s
1945- 1947
1651
2%s
——19481954
2Vis—
—-19511959
2%s
19561963
2Vis
19582Vis—
1960- 1963
Treasury
BONDS
Bonds
Friday's
or
Sale Price Bid & Asked
Government
Treasury 4Vis
Treasury
of
DECEMBER 15
ENDING
Week's Range
Last
Interest
Exchange
Stock
YEARLY
-
interest"—except for Income
RANGE
New York
WEEKLY
-
and defaulted bonds. Cash and deferred delivery sales are disregarded in the week's range, unless they are the only transactions
outside of the regular weekly range are shown in a footnote in the week in which they occur. No account is taken of such sales in computing the range for the year.
in the column headed "Interest Period" indicate in each case the month when the bonds mature
'
"q-j
13
9%
11
*19%.
■
(Int reduced to 3.5%)—
AExternal
s
1978
f 6%s of 1926_
^
J-D
_1951
A-0
58%
; ■
53
'58%
54%
_
50
59%
58 3%
47%
63'%
Stamped pursuant to Plan A
(Int reduced to 3.375% )——1979
AExternal
s
A-0
f 6'/2s of 1927—1957
A-0
55
59
(Int reduced to 3.375%)—1979
(Central Ry)
_1952
J-D
47%
63%
AAssenting 4s of 1910—
—1945
AAssented to Nov. 5, 1942, agree
51%
56%
20
49%
64 V4
5 A Treasury 6s of 1913 assent.—1933
AAssented to Nov. 5, 1942, agree
58
61
60%
1954
34
59%
A-0
AAssenting 4s of 1904_
AAssented to Nov. 5,
56%
Stamped pursuant to Plan A
A 7s
Assenting 5s of 1899—
—1945
A Assented to Nov.
5, 1942, agree
52
4
55
58%
-
A
61%
1942,
agree
Q-J
*19%
21'%
17
19
*16%
17
11
7-j~
17%
1434
11
11
10%
11%
*9V4
7-d
10
9%
103/4
14V4
16%
*16
17%
13
15
*21%
23%
18%
18V4
*18%
19%
16%
19
*14
7-7
15
Stamped pursuant to Plan A
1—1978
(Int reduced to 3.5%)
J-D
56
56
58
—
-''Hi ,!<?>./
>5%
funding bonds of 1931
.Stamped pursuant to Plan A
Series
Series ,No.
2—
3%s
Series
3—,
No.
^
57
-
—
f
No.
1___
3%s Series No,
54%
33As
Series
No.
6
3V4s
Series
No.
7
3%s
Series
No.
-
8
55
13
51
55
2,
52%
55
7
51
61%
54%
*54(4
54 y2
54 V2
50Vi
61%
52%
54%
53
FOREIGN
57%
SECURITIES
v,
vsi arddiff
>
0')
i",.1
60
54%
_
-.) I
n't
62
3
1
54%
10
53
54%
^
■
bin.? JhI
58%
55
4
55
*58
_
/
61%
54(4
4
'Y'For Financial Institutions
61%
55
'
A_;
5
Series- No;
—
55
4_i
3%s
'
54%
i——
y\-u
nrs"/;.C
if
A-0
bonds of 1944 (Plan.B)—
3%s
3%s
4
,'t
(Int reduced to 3.375%)—1979
External $
54%
3%s
Series
No.
9
2
53
Series
No.
10
54(8
54'%
1
53
58 34
Series
No.
11
54%
543/a
5
50 %
59%
3%s
Series
No.
12
50 %
60
3V4s
53
55 V4
FIRM TRADING MARKETS
58%
3%s
3%s
I'
■
*53
54%
Sereis
No.
13—
3%s
Series
No.
14
54'%
55
16
50 V4
Series
No.
15
54%
54%
5
50'%
56 %
54'%
54%
5
52
56'%
53%
4
51%
59%
51V4
60
5434
5
50'%
54 V4
r.ARL MARKS & r.O. INC.,
FOREIGN SECURITIES SPECIALISTS
57%
54%
-
58%
3V4s
3%s
Series
No.
Series
No.
17
3%s
Series
No.
18—
3
Series
No.
*53
16
3%s
;
Vis
33%s,.Series No.
For
footnotes
*53
I
54%
19—
page
54%
*53
20
see
■
—
2672.
54'%
50 Broad St., New York A. N. Y,
Telephone HAnover 2-0050
•
'•
^
Teletype N. Y. 1-971
mr
4
ttWAjfcWVP
Volume
THE COMMERCIAL &-
Number 4343
160
'tfu«f»*tKUwfWc"iiSk VlSWt M<
W "Vy'ttrtT?
'.
2669
FINANCIAL CHRONICLE
NEW YORK BOND RECORD
RANGE
BOND S
Last
Interest
Exchange
Stock
York
New
Week's Range
or Friday's
Friday
%
'■
Mlnas Geraes
A sec
ex
AOs
f
s
1959
F-A
APanama
5!
974
—1965
A-0
99 4
1963
F-A
1970
1953
ser A_ry63
J-D
.98 4
*87
A-O
*854
90
loan,,
101
99V«
1
100%
98%
18
94
99%
88
88
83
90
m-n
*92
97
97
97
M-S
88%
104%
40
11
314
38%
39 4
204
204
J-D
19%
19%
20
76
ser'—-1961
A-0
19%
.'•19%
20
56,
gold 6s
1940
assented——,—1950
I 7s—:
1947
A-0
*25
a-o
*14
17
A-0
25
25
I
ANat Loan extl s I 6s 2d
A4'as
AStablllzatlon loan s
!
17
14
25
14
25
15%
15%
1
J-D
42
42
1
36
j-j
42 4
42%
M-N
*504
F-A
101
100%
32
F-A
extl loan of
A8s
36
A-0
45%
J-D
37
37
48%
40 4
40 4
.
34%
38
external;
A8«
I'
extl watJer
A7«
43%-
34
17
41
"•
'
;
(5
"
■414
41
39
>
50
44 Va
J-J
30
65%
;
35
36.-
56%
68
sir66——
654
63%
63%
124
15
12%
*16
:
102
F-AJ
10
95
95
M-N
21%
-
F-A
91
95
'
:
78
4
14-; '
7s
mtge
,
62
.
-
107
874
S3
94 4
105
A-0
108
J-D
108%
108
-
m-s
'
.
124%
—1964
Ar
Atlantic
Air
*104%
&
N
unified 44a
coll
A
gold 4s.
Atlantic & Danville Ry lst
[Second
mortgage, 4s,
4s_—j^.1948
„,_1948
Atlantic Refining deb 3s„.___
88
1084
67
3
.
•
M-N
m-s
86%
149
103
5
105%
J-D
F-A
__
J.5.
*'*
103
1014
104%
108
112%
101 Sit
101 aQ
101
"9
,V
of - deposit-1
6
1074 107%
13
106%
105% 105%
107%
31
103%
.
105%
109
724 *'.754
283
44%
754
30%
29
171
21%
304
304
21
30
4V2s—j.
..
Northern Ry deb
90
97
69
96
Va
91
97%
of
j
954
& Adir
A-0
>'
1st
106
1014
11~
i,
95%
)"4
L4.,.
116%
footnotes see page 2672.
106
112
118%
116% 117
116% 1164
J-D
116% 116 %
1
116
118
J-J
117% 117%
1
116%
119
117%
4;
116
'
118%
A-O
1154
115% 1154
11
115%
F-A
•
112%
112% 112%
17
111%
114%
107% 1074
5
107%
111%
•
J-D
1
F-A
*-
1950
,1981
95%
13
95 %
: 104%
J-J
•
•"
."tr' '.i
M-S
*110
98
116 4
109
110%
104%
112
4
1064 106%
:
..
F-A
76
744
97
100% 1054
1074
*101% 140
it-
M-N
844
47
104 % 105%
95%
M-S
,,^1960
gtd gold 4s__
106
1114 112"
J-J
64s-_L1946
5s w w-
106
112
52
14
76
1962
1955
J-J
1948
J-D
_Nov 1945
.'y;,
;
J-J
76
F-A
debs—
103 4
1044 104%
106
101 %
14
debs.
\A
•;.
*104% 105%
■
72%
105%
93%
•96
53
72%
53
794
96
164
374
55
1
72%
96
M-N
55
52
55
A-O
12
12
13
117
10%
A-O
12.
114
12 y2
204
10
164
J-D
634
634
65
36
48%
65
J-J
29%
29%
16
23
344
Div
1st
gold
.—1946
5s
.
Light 34s___—1966 *
16%
A-O
'*,_
108%
107%
112
1961
J-J
944
94%
95 3A
18
83%
97
J-J
39%
35%
39%
572
30
39%
37%
38lA
1,404
28
38%
31%
35%
333
30
31
Eng
1st gtd
4s_^
1987
registered
AGeneral
4s
—1987
—;
registered,;
125
; SACentral RR & Banking 5s
102'/2
104
Called
Pror)
bonds
5'A«
(Dec
98
98%
242
97%
%:
29)——i—
General gold 4 4s.—
?
Ref
& impt
,—
1996
mtge 34s D__—
Potts Creek
M 34s series Ei—1996
Br 1st 4s—,_
.1946
R k
1st cons gold
129
tACLlcago & Alton RR ref 3s—1949
106%
115%
2d
A
Div
consol
General
117
gold 4s
4s„.—1989
—1989
100% 100%
3
100%
101
140% 140%
•
.
D";'
132 4
.140%.
M-S
M-N
106
F-A
105%
105% 106
1044
90%
:
1st & ref 44s series B
AGen
69
984
202
105% 105%
11
39%
43
37
;
984
106%
1
30
11
33y2
103
484
394
105%
iV
J-J
*127%
mtge
inc
(conv)—
J-J
28%
109
'1-103 4.
__
33%
*103 %
121% 1274
120
;; i24 4
-vor
■
3
124 V, 124%-
33
A-0
1958
J-J
'
2
0 4,372 tW. - 214
.
'
F-A-
111% 112%
112%
333/
78
(
69
98
112%
29 '
84%
112%
1124 112%
61%
-
,■
58%.. 61%
.
—1997
Louisville Ry—
!.
ARefunding 6s ser: A
+—1947
A Refunding
gold 5s series BJ—1947
ARefunding 4s series C
,w^-1947 ..
A 1st & gen 5s series A——,——1966
A 1st & gen 6s series B
Mav 1966
{Chicago vInd
' i-104%
19
*103%.
V
Chicago-Jt Erie; 1st gold 5s„.—1982
Gt West 1st 4s series A—1988
AGen ine mtge 44s
2038
1074
106
103
;P 105% 109%
4
••
105% 106%
J-J
1977
4s
Chicago & Eastern Ill.RR—
HI
ir*~
71
88
46
Chicago Burlington & Quincy RR^-
—
99%
72 4
100
10?%
101
101 %
——,
1992
118%
1064
334
108%
74
38
83
35%
264
100
33
82
M-S
116
105%
12
104% 104%
F-A
26
8
106% 107%
1073/a
M-N
112%
103%
—
39
31
stmp_1942
65
%
354
F-A
i.—,1948
A
10
58
■
105 %
J-J
Chesapeake & Olno Ry—
;
.
"
'
1987
——
110%
Ce^rnin-fppri
374
—
J-J
M-N
48
268
*127%'
-
125%
-
63%
130
J-J
904
904
93%
23
76%
93%
J-J
67%
66 4
69 y8
93
47
69%
834
834
84
21
50
844
J-J
78
77%
79
52
J-J-
74
73
74 y8
31
&
J-J
'
M-N
13%
J-J
144,
13%
.
,
..
.14
13%
144
.
127
'474
79
45-
74%
:;.ioy8
14%
•V.r.10%
14%
:t
123
t
For
974
.1945
5s
i
105%
'
1064
37%
91
.
109%. 111%
1094' 1114
38%
J
J-J
deposit—,—
i—1965
& Gen Corp
New
1
J-J
1014
85%
A-O
,1951
.
44s_
trust
Illinois
1
46
28%
89%
*101%.''
A-O
1969
^__-,.l970
—1955
-L1956
44s-
fACent
111
44-4
109%
75
*28
—Oct
5s
gold
Central
111
45 4-
112%
109
A-O
gtd 5s A—1962
-1957
*].
t
88
.'. 1074 110
•
,
108 %
J-J
gtd—,,—1960
cons
gold
106
111
J-J
%
noia 110 yj
—_
,——1952
1955
5s_^
1154
*111
974
634
A-O
107%
"109
115% 116
105
67%
M-N
—19 )4
25
*106%
98%
103%
J-D
^ Chicago
m-n
110
'1104 110 4
942
108%;..
117
105%
106%
*106%
M-N
(Central Pacific 1st ref gtd gold 4s_1949
Guaranteed gold 5si
^—1960
41
1274 129
■
414
31
JACentral of. N.J gen gold 5s^,—_ 1987
103%
3
.
95
329
*106
July 1952
—1954
Oct 1952
ioi
103%
192
lM&f >lU%-114|'»f"f;.''
1. .11 .FlQ4?4fcLflfei-
J-D
265
F-A
Ref & impt
J-D
Ry--*-
1003/*
95 4
,...95 4
1960
634
108%
AChatt Div pur money gold 4s—1951
i
734
111
Line
102%
95%
,
56
634
ARef & gen 54s series B
—1959
ARef & gen 5s series C_—1959
115
>
F-A
M-N
AMobile
101
76%
in
52%
66
M-S
mtge 5s
§ A Consol gold 5s
.j
3
J-D
83%
126
66%
;——1969
A 1st
105
J-D
245
67%
100
M-N
.
1084
100
100%
99% 100%
108
J-J
Elec 34s series C—1967-
105
105
96%
'
101%
63
115%
101
—1969
Celotex Corp 3%s
102%
107
M-N
107'A
92%
*102
:
Celanese Corp 34s
j
894
®A004
1995
1044
104%
107
A-O
{ A Cent Branch U P 1st gold 4s_
tCentral of Georgia Ry—
89%
9
7
1
101%
10
104
107
*104% 105 %
gold
'
Cart
110
4
Nov
—1-—1963
Coast -1st cons 4s
General
L
Charlotte
3%s.
mortgage
100%
72 4
72 4
.,.-1946
1st
104%
1014 102
A-O
107%
15
107%
F-A
Carolina Clinch & Ohio 4s
104
103 4
114% 114%
.,,,1955
Atlanta
104%
1004
101%
M-S
105%
109%
114%
a-0
3
106% 107%
104 %
104
F-A
modified- ^interest at
1947) dueJ——1957
Collateral
.
124% 125
m-s
101%
*101% 101%
J-J
|. Can Pac Ry 4% deb stk perpetual— _
—
107% 108%
Q-J
••
101 %
100
M-N
Guaranteed
141%
a-o
'72 4
130%
100%
f
m-n
Jan
128
101% 101%
"104'A 105 4
Guaranteed
.
4s
-
129% 130
J-D
] tlACarnhna Central 1st. gtd 4s.i—1949
107%
1.04% 105
MS
A-0
204
1034
100
89
102
A-0
224
10
105%
102% 102%
1084
734
98%
M-S
Guaranteed gold 5s!,..
Guaranteed gold
4%s„_
i Canadian
103
100
m-n
U-1995
of 1910-.
6
1967
1955
f 34s
s
Guaranteed
79
"l
104% '
4-0
.,,,1955
gold 4s
88'A
—
*100%
A-0
1995
Conv
88
*102
—.,—1961
),
i
68 4
156
109%
*109'%
a-0
Fe-
.7.
88
M-S
Soucnern
f
.109
*104
f-a
1978
34s series■ E—
J-J
A-O
M-N
—
104
a-o
-2—1961
-1906
General 4s_—
90
—1959
1960
,,_t1965
Canada
76%
10
103% 103%
104
Co
Income
1st
*104 4
m-s
a-0
5s—,—2030
1949
Atchison Topeka & Santa
i
109%
a-o
1948..
(Del)—
debentures,.,--——
74
6s series A—;__,_1947
Certificates
J-J
1-956
Amer TobaCco CC deb' 3s_.—22—1962
Am Wat Wks & Elec 6s series A—.1975
A Anglo-Chilean Nitrate deb
,—1967
Ann Arbor 1st gold 4s—
..1995
Ark & Memphis Ry Bdge &Term 5s 1964
&
15
Canadian. National gold 44s__
76
10
14
m-n
conv
Armour
88%
—
1
78%
-.59
19%
f-a
conv 5'/2s-_,_
debentures—
debentures—-—
88
.-1951
s
Cariiers
Telephone & Telegraph Co.-r-
debentures——
3s
88
to May 1.
65%
*68%
F-A
SV^s sec conv
-1954
gtd 4s——1998
debs—1951
3 4s
91%
J-J
Elec 4V2s B——1981
mtge
664
*9
F—
series H
f debentures
60
44
F-a
Corp 4VaS
34s
,
56%
1st 5s A C
ref
&
60
*76
j-j
Alleghany & West 1st
'
75
1950
3s series G
\
744
*724
J-D
plain—
Foreign Pow deb
91%
| California Elec Power 34s——1968
102
89
,"i:
•
*73
J-D
k
88%
—1956
,
76-
75%
75%
M-N
1947
10-vear deb 4JAs stamped.—-.1946
Alabama Great Southern 3 As__—1967
Alabama Power 1st mtge 34s
1972
Albany Perfor Wrap Pap 6s——-1948^
6s with warrants assented——1948
Albany & Susquehanna -Frit 34s—^.1946
American
91
Corporation—
Consolidated
t
Coll trust 4s Of 1907———
Amcr I G Cliem
854
J-J
series C—1960
Bush Terminal 1st 4s_,
.
*90
M-N
J-D
Am
96
57
25
91
"2
v-
*91
'■
M*l»
107
Stores
64
211
17%
'
91
102
102
<•
12
H
fit*"
1
--17%-
*11
F-A
—1953 :
AStamped
1953
Adams Express coll t,r gold 4s——1948
Allegheny Corp
202
85 V2
18%
11%
11
12%
" *"30-
*140
Allied
96
61
63%
61
1
12
j-d;
-1979
—2,
93%
85%
8 A 1st & coll 5s—
Companies
registered
96
J-J
2%s
Loan
A Certificates-'
J-D
3V?s
s
3%
40%
31
38 Vi
*34
J-D
JAbitibi Power & Paper—
■
M-N
tBurlington Cedar Rap St Nor—
(
•
54
mtge 44s ser A
Stamped
39%
404
374
37%
37 4
■
A
314
Buffalo Rochester & Pgh Ry—
'
5 A5sv series
1,272
series II_
5s
Buffalo Gen
'15'*,
*374
m-n
extl conv
—1978
4-4 ¥*-4 4s e*tl readjustment—-1978;
;
3 4s extl readjustment——,—1984
AWarsaw (City) external 7s
1958
A448 assented
1958
and Industrial
54
1951
mtge 3%s
M
Gen
.44' •■■■
33
13
*
M-N
3%-4%-4-ft
Railroad
49%
434
434
464
A-0
of 1937) —
conversion—2
53%
—1951
Bush Term Bldgs 5s
External'readjustment,,,.1979
External
50
434
■
„
*49
A-O;
a 44s (assented,—
J.1958 >
Sydney (City) s f 54s—2
,—21953
; a Uruguay -(Republic)* extl 8s—i^.1946:
i
a Exfernal stnfc fund' 6s——i—19601
!
a External sink fund, 6s— 2——1964
3%s-4-44s; (8 bonds
464
•
J-J
t
'
404
(
1962
extl—h——1962 .*
of) extl 7s——1958
•!
704
F-A
1960
—July 1970
JABoston & N Y Air L 1st 4s__—1955
Bklyn Edison cons M 3%s__—;_^_i_1966
Bklyn Union El 1st gold 5s—1950
Bklyn Union Gas 1st cons gold 5s_1945
384'
45
,
1
41%
1959
gold 4%s series JJ
1st mtge 4s series RR
44%
'30
5
38
464
J-J
B sec
<Asilesla iProv
37 4
*42
M-S
external—
secured
series
552
Div ref 4s A
Buffalo Niag
2% )——2012
7s—-—-2—1940
A8s
704
—Feb 1 1960
—
1st
934
35%
6
43
*44
:
,
J-J
(Int reduced to
a 7s
%
r 2
'•
8i%-
92
43
J-J
II 1A Sec ii red s f
,
Ij
Stamped pursuant to Plan A v ■1
( Int
reduced to 3.5% )„-—Y9?8
Serbs Croats & Slovenes (Kingdom)— v
*
65%
MS
mtge
4s
J-J
—196a <
.
704
70
—1998
Indus
1st lien
J-J
_l!999
Stamped pursuant .to Plan A
«
j
*90%
m-n
——1950;
A6s exit dollar loan-—
r
41
due—
mtge 3%s series
Consol
424
34
1
40
40
m-n
—1950 !,
V
!
2-5%
loan—'1
%
m-s
Stamped pursuant to Plan A
(Int reduced to 12.25% )—-'-2004
(•-•
660
debentures,
Alnc
Plan" A
tint redticed to
i'
ll
J-D
——1938
—
Stamped pursuant to
704
70%
Consol
36
1st
Stamped pursuant.to Plan A '
(Int reduced to 2.5% )——1999 '
I
80%
65%
MS
Boston & Maine
J, A 6 4* extl secured s f
,,',1957,
'<
Stamped pursuant to Plan A ?
»
;
f
(Int. reduced to 2% )-_—l2012 :
(State). 8S—
46%
ser
Bethlehem Steel
404
29
14
''37 4
*__
M-N
pursuant to Plan A
(Int reduced to 2.25%)—2004
A7«
municipal loan——
1967
Stamped pursuant, to Plan A
•'
(Iiu -reduced to 2.25%)
2004
Banta he externai sink fund 4s—1964
ASao Paulo (City of Brazil) 83—1952
Paulo
265
74
Bell Telephone of Pa 5s
Stamped
fASan
714
80%
80
Consol
J-d
external loan of 1926——I960
A7<!
;
714
67
3-D
stamped—.
2%s
)_——2012
(Int reduced to 2%
'
704
1995
374
39
46
pursuant to Plan A
Stamped
I
102 V2
due
ref 4s
Con
Stamped
A6*
73%
41%
1024
& Aroostook RR—
Bangor
Beneficial
pursuant to Plan A
(Int reduced to 2.5%)—1999
external,filuK tund gold—,—1968
99%
677
Beech Creek Extension 1st 34s
(State of 1—^
1921-——1946
Rio Grande ao Sui
41%
4s
F-A
—2012
2%
40%
36
Plan A
pursuant to
reduced to
35
38%
38
38
70%
.
.
45%
30
A-0
1
(int at 14%
C
ser
due
Toledo Cin
6V2S——1953
'
388
99%
v
370
A-0
Pg'n L E & W Va System-^
Ref gold 4s extended to
1951
S'west Div 1st M (int at 34%
to Jan 1 1947) due,,—,—1950
103
35
3
43%
43
43
High
to
J-D
Sep 1 1946)
504
50
-
101%
40
A-0
Stamped pursuant to Plan A
(Int reduced to 2.375% )—-2001
(Int
444
;
'f-M
1995
1*1946)
gen
AConv
APrague; (City of Greater) 7V2S—1952
(State) extl 6s__——-1947
A Rio tie Janeiro
»Cliv oft 8s——1946
Stamped
&
96
99%
D (int at 1% to
due
-2000
ser F (int at 1% to
ggn
Dec
Ref
45
34
LivW
AO.
99% 1024,
A (int at 1%
due,
ser
1946)
Ref & gen
Queensland
sec
&
to
A-O
Sep 1 1946)
to Plan A
reduced to 2.25%2006
A External
Ref
264
'
1
Dec
31
14
12
Ref & gen
„
pursuant
Stamped
(Int
26
J-J
.'—1963
Alegre (City of) 8s
.—1961
Stamped pursuant to Plan A
(Int reduced to 2.375%
.--2001
AExiernal loan 74s.:—-—--—1966
A Porto.
t:
32
2
'
A4V2s assented
264
124
january 1
Sold
High
RR—
Ohio
1st mtge gold 4s
j_,„July 1948
Stamped modified bonds—
1st mtge gold
(int at 4% to
Oct 1 1946) due
July 1948
25
114
17
25'
Baltimore St
25
1
Range Since
Bonds
Friday's
B
24%
•
or
Sale Price Bid & Asked
Low
25
25
Last
Period
24%
17
Interest
Exchange
New York Stock
16%
v
40
J-J
gold 8s__—1950
External sink fund
Week's Range
Friday
BONDS
97
16%
22
214
A-0
1968
assented
A4 4s
A
38
-
(Rep of)
f A Poland
New York 6
Bell Teletype—NY 1-310
394
m-s
ser_,—I960
Exchange
424
M-S
loan extl s f 6s 1st
Stock
.;
105%
2.125% )——2008
to
A Nat
94 va
87
1
5
•
external 7s—1959
<Rep ox)
f
York
Broadway
Telephone—DIgby 4-4933
104% 105
j-d
7s____1947
Member* New
61
*92
m-k
5s———-1963
PFLUGFELDER, BAMPT0N & RUST
98
96
M-S
(Int,reduced
100
4
Stamped pursuant to Plan A
APeiu
100
100
93
98 4
fiState ,ol)
A P^rnanThnco
89
93%
100% 101
1
Stamp; mod' 3 V«r ext to
„_il994
Ext secief 3Vas series B____,„_1967
:!
42%
105
92
#964
extl s 1 00
(Rep;
Railroad Reorganization Securities
42%
32
40
MS
AStamped assented
(
40
A-0
i_,1957
,-.21958
sink lund 4V2s—
«Clty>
4
4'/2s—1956
4%s—_
tuna
sink
39
.
Municipal Bank extl s f 5s_
■
Oslo
High
32
<■100
MS
974
i—l:—
sink, fund extl
M-N
.
5s
(Kingdom of)
External
4->
Low
*103
1.
,,,
(State)—
f 5s
s
(External
Norway
4;
A,„
series
40
J-D
7s
(City)
South Wales
MS
1952
ternal s f 6V2S——;
External
•
1-1958
1959
f 64s—
external
AMontevideo
!
January 1
(State)—
A Sec
New
Sold
Vo.
Hia>
Loid
DECEMBER 15
ENDING
Range Since
Bonds
Sale Price Bid & Asked
Period
WEEK
FOR
:no"t
;
THE COMMERCIAL & FINANCIAL CHRONICLE
2670
Monday, December 18, *1944
NEW YORK BOND RECORD
RANGE
New York
Last
Interest
Exchange
Stock
or
Low
1950
& Sou 50-year 4s
Chicago Ind
J-J
WEEK ENDING
104
104
Low
Period
January 1
No.
Hiah.
Friday
Interest
New York Stock Exchange
Range Since
Sold
87
1
104
4s
—May 1 1989
J-J
92%
91'A
92%
122
74'/4
92%
J-J
89%
8 7'A
89 %
73
69 '/a
89 '/4
Firestone Tire & Rub 3s deb
Flintkote Co 3s debs
1961
gold 3'As series B„May 1 1989
4 Vis series C
May 1 1989
4 Vis series E
May 1 1989
4%s series F
May 1 1989
96'A
itAFlorida Cent & Peninsular 5s
1943
A Gen
A Gen
AGen
J-J
94'A
94'A
96'A
J-J
96'A
95%
76'A
236
•
76'A
77%
97%
69%
J-J
97%
96%
97%
12
1975
F-A
69
64'A
69%
1.811
Jan 1 2000
A-O
16%
15'A
16'A
4.113
11%
43
101%
485
63%
Chicago & North Western Ry—■1st &
2nd
gen
mtge
conv
Valley
Plaines
Des
City
Sioux
j-j
—1989
income 4%s_—1999
mtge 4s ser A
;_1969
81%
j-j
79%
j-j
1969
4s
Div
& Pacific Div 4s
105%
j-j
Railways 1st 5s stpd
25% part paid
1927
JChicago Rock Island & Pacific Ry—
A General 4s
1988
a Certificates
of deposit
105%''
81%
.
103
*104
■■'v —''
*103
■
103
_*
—>
;
F-A
Terminal—
E
36%
39 %
12
11
12
2.335
7%
12
90%
101
j-d
'
j,
+
84
64%
89'A
72%
98
13
59%
82%
59
78
96
82
81%
82%
—■■*
m-s
78
78
1
100%
102
22
104
109
106 % 106%
86
104%
108 :••
A-O
91
91
91
12
A-O
91
91
91%
67
53
21
F-A
77
75%
77
108
106'A
J-D
*110'4
—' —
,
.
Northern Ry 1st 5'As
A Deposit
receiptsACuba RR 1st 5s gold
ADeposit receipts
V
A7 'As series A extended to
ADeposit receipts
A6s series
extended to—
ADeposit receipts.
Curtis Publishing Co 3s deb
•I A Cuba
36
37%
'
4%s
ig56
J-D
**1947
J-D
119% 120
26
111%
120
126% 127%
119% 120%
28
105%
127%
1977
Jv
1940
j-j
mtge 4s series G
1940
Corp
3s
debs
1967
j-j
101V*
j-j
105%
ref
Term
M
5s
106%
•
Hudson & Manhattan
;•
j-J
100% 101
15
89%
2015
j-j
1952
j-j
1969
89%
m-n
3 "
1st gold 4s
103%
j-j
j-j
1951
a-o
92
1955
M-N
91%
106%
l
Collateral trust gold
88
103%
106'A
.;
t-L.
108%
109
1
108 %
110%
113'/a
114
109%
116%
%
113 V'a
114 Va
>
3
105%
111
51
—
68
72%
549
26%
34%
101%
103%
~"~1952
4s
*—1953
91%
..75
58
83
272
60%
86 %
78%
83
-1951
gold 3'As_1953
Omaha Div 1st gold 3s
;
_1951
St. Louis Div & Term gold 3s
1951
J-J
••
*96%
94%
—
—
81%*
103% 103%
5
102%
86
1951
Western Lines 1st gold 4s__
Chic St L & N O—
J-J:
1951
F-A
Joint
A
1963
J-D
1st & ref 4'As series C
Ind 111 & Iowa 1st gold 4s
1963
J-D
1950
J-J
105%
103% 104'%
31
102%
108
.106%
106% 106'A
17
105%
109%
-
104%
103%
105%
45%
59%
17
45%
59
7
104% 105%
58
59
59
t
56
46%
59
42.
58
46
55
59
58%
59
ref
5s series
llnternational Great Northern RR—
104%
107%
112
j
A 1st 6s series A
1
106%
109%
r.
A Adjustment
108
111%
6s
J-J
v.
_
'
*56%
.
47%
—
46%
95'A
__
58'A
46
'uL'
38%
28
47'A
~
101%
2
102% 102%
*102% 103
'
■
—
103%
103'%
62
54%
'•
—
J-D
*79
—
/—«.
-.U
'
65
•;/
*65'A
rV
49
65
47
J-D
A-O
;
*6
68%
5
5s
A
July 1952
gold 5c, series C
series
B
80%
3
98%
105%
:
72
44
1
106% 106%
85
' '
74
110%
•
:V
25
111
104%
107%
47%
v'v'.V1 -w'rtr
J-J
65%
61
65%
207
A-O
27%
1.223
59
25%
55%
28%
J-J
55%
59
75
75%
1956
J-J
59
1944
B_—1947
Ref sink lund 6s series A
52%
:
65%
i.'_1955'
A-O
•
75%
J-J
.
104
106%
m-s
103% 104
•'
:
M-n
J-J'
93%
91%
93 %.
Debentures 5s
;
—1955
itAIowa Cent Ry 1st & ref 4s——1951
F-A
97
95%
97
60%
77'A
105'/«
105
26
' 56
103
;
23
lint Rys Cent Amer 1st 5s B
1972
ilnt Telep & Teleg deb gold 4'As*—1952
y
60%
43%
'
82
;
105% 106%
.
28 %'
43%
78
-■
167/e
27
59
109%
,
97%
*100%
102
v
M-s
'•".'
""""
4%
5%
•
239
74%
95%
215
..
77%
97
3
37
'
5%
62
40
V
105% 105%
106%
1956
v§AInternat Hydro El deb 6s
ylntemat Paper 5s series A &
99
57%
53
59
"2
48
59
39
•■
100% 101%
78%
65
105%
•
69
46%
101%
-
49
48
—
1
-
69
*65
?
53%
41
81%
A 1st
t
80%
■;
"
—1952
series
A 1st
*108% 109%
78%
A-O
5
--
79%
72
6
99
'
78%
191
85
*111
107% 107%
109%
83%
m-s
107% 107%
99
274
84%
J-J'
105% 106%
81%:
86
■
—1956
107%
81
67%
11
'
98
B_1986
105%:
94'A
65
30
95
1st mtge 3s series F__1961
ser
94%
'
tAInd & Louisville 1st gtd 4s
Indianapolis Union Ry 3'As
.Inland Steel
107%
*
..
1st
78
79%
59%
*95%
■V
--
111 Cent and
9B
72
18
'
84%
:
7
81
J-J
'
4
94%
80'A
81
1951
Gold 3'As
*
101
97
%
93
F-A
48%
2;
419
'"•'•''iA
•
983/4
J-J
.
67%
93
78
76'%
J-J
'■
98
94%
*103
Springfield Div 1st gold 3'As
■
__
v
86%
97%
Louisville Div & Term
60%
84%
77%
1
92
306
-
F-A
gold 3s
120
91'A
83
U-N
1st
70
92
87%
86%
J-D
Div
97
64
62'A
M-N
1950
Litchfield
100
96%
J-J
***1966
,
97%
87%
^ 1955
4%s
102
100
.
76%
40-year
Cairo Bridge gold 4s_
23
■'
*100%
Refunding 5s
j
-
102% 102%
M-s
1952 '
102%
102% 103%
69
*100%
102%
1st gold 3s sterlings
Collateral trust gold 4s
lines 3'As
117%
55%
*102%
>;
a-o
Purchased
75
115%
231
-
j-j
.j
96%
10514
I
1951
:
56
32%
1981
1951
;
103%
-
:
66%
1951
1st
102
60
74
30
•
71%
106% 106%
A-O
J-D
J-D
1955
67%
32%
gold 3'As
%
96
52
6
*115% 115%
w—
A-O
_
1st gold 3'As—
,
,v; 102
'
M-N
M-N
M-N.
M-N
1940
71%
Feb 1957
Illinois Central RR—
83
100
'
139
85%
12
103'A
f
102
»_
114% 116%
111%
130%
v;
95%
94'A
103
Refunding 4s
75%
41
109% 109%
J-J
1946
95
73
'i'v.-
Extended
71%
*112%
91
98
110
110
.*__
f-a
Illinois Bell Telep 2%s series a
110
151
116%
;
*139%
107
101% 103%
__
66
99
~_
'
'
101%
98
90%
89%
*97%
A—1957
107%
95
102%
*113%
1st 5s
AAdJ income 5s
108 7/a
104%
■:/—
17
103
102%
m-n
78%
102
106%
-
72
11%
30
1949
53%
82
84
__
106%
11
14%
102% 103
j-d
:w-
103% 104'A
iV 103%
91
A-O
1962
92%
*1081/4
101
1973
stpd_
116
75
:
1959
——
112%
7
••
65
14%
14%
Ship Island RR—
&
98%
102%
*70
Feb
120'A
37
1.886
116
101 %
105% 106
Feb
mtge inc 5s series A
&
109
101
100
7
110% 111%
116
86%
19
104
101%
J-J
57%
59
103
82'A
101'A
13
107'A
J-J
m-n
109
69%
85
104%
J-J
1954
103% 104%
70
80
1973
Houston Oil 4%s debs
Hudson Coal 1st s f 5s series A
Hudson Co Gas 1st gold 5s
107%
95'A
48
10
—
110%
105% 106%
94%
34
31
105'A 106'A
*102%
99%
12
*
24
85
82'A
H
109
1
37%
82
82'A
85
m-n
9
O 0 v«l
J-J
J-J
1952
Crucible Steel 3'As s f-debs
37%
j-7
1970
1st
/
1950
1955
1942
Co 2'As s f debs—
Crane
37%
j-j
'
1965
1970
—1966
1969
mtge 3'As
22%
:■
•
1st
110
1937
Power Co—
mtge 3 V2s
105%
37'A
1999
104
A-O
A-O
J-J *
J-D
,
1955
—-—1956
mtge 3'As
101%
36%
104'A 104%
—1952
Gulf
i
■A
-1956
3'As debentures——
1958
Consolidated Oil conv deb 3'As_—_1951
jAConsol Ry non-conv deb 4s_—1954
mtge 3Vis
55
37'A
Ry cons gold 5s
46
95
73%
104%
________
1st
64%
j-j
deposit—
F)
(B
--
236
73%
j-j
J§ AHousatonic
106%
J-J
J-J
F-A
.
debentures
1st
of
71'A
1949
106
78%
109
104%
Oct 11945
5s
88%
344
86'A
97%
102
107
M-N
-
1st
& Ala Ry
J
•■•,
103%
—-
73%
3L
—
/104
j-d
M-S
112%
^ '
M-N
J-J
A-O
M-S
F-A
1961
1st extl gold 4s__1948
El 3'As
1970
Columbus & Tol 1st extl 4s—;——1955
Commonwealth Edison Co—
Conv
debs 3Vis
—1958
Conn Ry & L 1st & ref 4'/2s
1951
Conn River Power s f 3%s A
1961
Consolidated Edison of New York—
3 Vis
debentures
:
1948
1st
2
100%
igo'A 102
108% 108%
'
•
101%
J-D
A-O
Columbus & H V
84%
77%
85%
'
M-N
F-A
A-O
A-O
A-O
A-O '
Columbus & Sou Ohio
Consumers
104
111
44
105% 106%
106%
J-J
J-J
M-N
J-J
gtd 4s
1945
Colo Fuel & Iron 5s inc mtge
1970
Colorado & Southern Ry.—
r 4y2s
(stamped modified)
—1980
Columbia G & E deb 5s
May 1952 -V
4s
M-N
1949
of
Gen
109%
111%
101 % 102
j-u 1
60
53%
103
4
Hocking Valley Ry 1st 4%s
Coal River Ry 1st
4s
103V4 103%
_1969
Gulf Mobile & Ohio 4s series B
109%
*111%
102
100%
42
Corp—
Gulf States Util 3'A* series D
f-a
F-A
series E
Cin Wab & M Div 1st 4s
St L Div 1st coll tr gold 4s
Cleveland Elec Ilium 3s
Cleveland & Pittsburgh RR—
Series C 3Vis gtd
—1948
Series D 3Vis gtd
1950
Cleve Short Line 1st gtd 4%s
1961
Cleve Union Term gtd 5Vis—;
1972
1st s f 5s series B gtd
1973
1st s f 4Vis series C
1977
Debenture 5s
5s
cons
Utilities
Castings 5%s
Greyhound
;
22
108%
61
General
92%
--
108%
«
108
42 %
78
59
—
&
Gen mtge 3%s series 1
iAGreen Bay & West deb ctfs A
,V
ADebentures ctfs Bd
77
j-d
58
J-D'
*
92
59%
1993
1993
1977
1991
1990
1970
Ref & impt 4Vis
Debenture
8
25
107% 108 V*
M-N
98%
*101
58'A
1950
Gen mtge 4s series H_
107
101% 102
106%
M-S
General 4'As series D
(
108
107
102
55
1969
1974
General 5s series R__
ADebenture
102%
107
m-s
104%
134
General 4'As series E
j-j vi-r
e
i
i
j-j
j-j
106
102
General 5s series C
*
•
102
114
2
1956
Great Northern Ry Cc—
General 5'As series B
89
"3
89%
95
•
J-D
*55
Grays Point Term 1st gtd 5s
2
89%
.
j-d
Steel
•Goodrich
,
General gold 4s
3Vis
'•
*87
j-d
,
•
_1959
debs——
Certificates
54%
*101% 105 v'
18
*115% 140
*1974
.
deposit
;J§AGa Caro & -Nor 1st ext 6s__—1934
49%
219
j-d
inc
Certificates
St Louis Ry—
Cleve Cin Chic &
A
986
54%
1966
1967
2%s ser G—
1st mtge
•
49%
53
1943
1957
1952
mtge gtd 3%s series
1st
47%
54%
—
;
Union
Cincinnati
79%
49%
,
M-14
J-j
deposit—
Berg Co
Realty
conv
t A Georgia
83
M-N
Station—
1st mtge 3%s series F
1963
1st mtge 2%s ser G ——
1963
Chic & West Indiana com 4s___,—1952
1st & ref 4Vis series D
1962
J§AChilds Co deb 5s
§ A Debenture 5s
JAChoctaw Ok & Gulf cons 5s
Cincinnati Gas & Elec 3Vis
4s
/
61%
Union
mtge 3'/is-
81
a-o
Certificates of deposit—
Chicago
Gas & Elec of
'General
260
of
M-N
104
—
83
105'A 106
104% 104%
High
81%
104
,
63
69%
Low
107
M-S
1934
1952
1960
Chicago St L & New Orleans 5s—_1951
Gold
3Vis
1951
Memphis Div 1st gold 4s—
1951
Chic T H & Southeastern 1st 5S—1960
Income guaranteed 5s
Dec 1 1960
1st
79%
82%
Certificates
Machinery Corp 3s debs-i
Francisco Sugar coll trust 6s
17%
67%
J-J
{ASecured 4Vis series A
AConv gold 4%s
A
*66%
.
January 1
—_
Tood
Gen
gold 4s
{ARefunding
:
__
deposit
A 1st & ref 5s series A
A
■■
tSAChicago
of
1958
•JFlorida East Coast 1st 4'As
'■■■j-
JChic Milw St Paul & Pac RR—
AMtge gold 5s series A
AConv adjustment 5s
Certificates
95%
45'A
46
Range Since
Sold
No.'
105
A Gen
A
Bonds
High
Low
A Gen
series
Week's Range
or Friday's
Last
Sale Price Bid & Asked
Hiah
Milwaukee & St Paul—
JChicago
DECEMBER 15
BONDS
Bonds
Friday's
Sale Price Bid & Asked
Period
FOR
Week's Range
Friday
BONDS
100
52
102%
James Frankl
Jones
& Clear
1st 4s
1959
j-d
Laugblia Steel 3%s
&
1961
j-j
93%
63
94
58%
94
38
95%
104
98%
93
103% 103%
102%
D
1970
Dayton Union Ry 3%s series B—1965
Dayton P & L 1st mtge 3s
•Delaware & Hudson
Power
Delaware
&
4s extended—1963
Light
1973
3s
JDenver & Rio Grande
A General s f 5s
107%
—
—
99%
105%
279
99%
105
14
K
103 %
79%
p-
108%
103%
13
—
Kanawha & Mich 1st gtd gold 4s„1990
JKansas City
106%
A
59
61%
331
45
61%
61
61%
62%
54
46
62%
F-A
5%
F-A
4'A
a-o
1978
impt 5s series B
55%
.
5%
98
4%
4%
■;
4%
55%
117
'
6%
40 Va
1965
Gen & ret mtge 3'As series G—1966
Gen & ref 3s series H
1970
Detroit & Mackinac 1st lien gold 4s 1995
ASecond gold 4s
—1995
Detroit Term & Tunnel 4'As
1961
Dow Chemical deb 2'As—.
1950
'Dul Miss & Iron Range Ry 3'As—1962
Edison 4s series F
t§ADul Sou Shore & Atl gold
Duquesne Light
1st M 3'As
5s—1937
1965
J-J
107'A 107'A
107
111'A
107% 107%
106 'A
3
8
107%
in %
106'A 106%
35
104%
107'/4
'45'A
50
41
*25
29%
25
108% 108%
102% 102%
*108%
45%
105
41'A
2
98%
54
34
v
':'7.v
•
82
deposit
1950
A~-b
*—1961
j-j
1961
92%
j-j
Stamped
;
Plain
4'As
unguaranteed—*
ref
&
j-j
95%
1
71%
89%
92%
132
69%
92%
95
96
*118%
*65
Sim
Ed
El 111
(NY)
1st cons gold 5s
Auto-Lite 2%s
Elec
v
6
45%
73
24'A
47
9
104%
1st
cons
1st
cons
Ohio
For
D'"v
see
page
*150'A
—
*106
104
*103
1962
J-J
J-.T
—2015
J-J
—1971
2672,
A-O
M-S
110
J-J
90%
94%
A-O
*173 'A
172%
175'A
j-j
*109
107%
109%
1954
j-j
1950
m-s
m-s
*95% 103%
*108%
104%
*4%
109
105%
3 %
10
5%
110%
102%
__
104'A 104%
■
Laclede
Gas Light
extd 5s
1943
a-o
5%
h<r
U
>■
.
2
100% 100%
Coll
__
7
106'A
105
116%
148%
—
102% 103
a-o
^1964
mtge 3'As ser E
1st mtge 3%s
footnotes
*116%
a-o
1995
M 4s series B
mtge inc 4'As series A
Gen
102
1959
notes
tAKreuger St Toll 5s ctfs
111
1965
Empire Gas & Fuel 3'As——
Erie Railroad Co—
103
1954
6'As
Kresge Foundation 3%
&
ref
5'As series C„iUii—1953
F-A
100%
100% 100%
19
&
ref
5'As series D_*_**
F-A
100y4
100% 101'A
.11
J-D-
106
105% 106
3'As
J-D
M-8
69
91'A
98
100% 101
*103%
108%
104% 105'/8
1965
.
96
119
51%
I960
registered
1997
'dA
;
J-D
*102%
.
21
,
.9844
150'/4
101%
103 %
106
106%
A 1st
Cons sink
101 s/a
105% 105'A
81
101%
106%
1st 81
85'A
105
%
•
83
1965
A-O
1945
M-S
—1954
Lehigh & New Eng RR 4s A
Lehigh Ik N Y 1st gtd gold 4s
1st
102
52
15
49
106
13
97%
108
97
105%
105
F-A
*
67
Lehigh Valley Coal Co»—
103'A
84%
51%
105
J-J
102'A
99%
105
51
J-J
105
23
*101
Deo
1954
82%
&
•5s
85'%
—1975
;
fund 4'As.series C—1954
80
11
106'A
102 % 102 'A
105%
mtge income reg
Lehigh Coal & Nav s f 4'As A„
64'A
85'A
101 y4
101%
102
107
5s
1st
"
ref
stamped
.*1954
ref sink fund 5s
stamped—
& ref
5s
sink fund 5s
.—1964
1—;
1974
1974
100%
107
95
*99% 100
99 %
100
99%
1
86
104%
100
99%
100
17
93
1
71
93
90%
F-A
100
93
F-A
1964
—
sink fund 5s———
stamped
*104
90%
2
65%
90%
70
88
65
90%
*88%
90%
88%
__
90%
t
,
89%
*_
101
98% )01% I'
93.%' 106
Lautaro Nitrate Co Ltd—
J-J
1970
Elgin Joliet & East Ry 3%s
& S W 1st 5s
stamped
1995
'
68
1997
i
1st 5s
Lake Sh & Mich Sou gold 3'ASi—*1997 '
M-N
—1950
debs
El Paso
5s
1958
72%
114%
75
'
103%
|
& Ga Div 1st 5s.
90%
80%
91%
Coll
East Tenn Va
72%
1961
Kings County El L & P 6s
1st
57
82
80%
1st 3s
j-j
Kings Co Lighting
81
'
j-j
i
*102%
109
102
106'A
5
__
A-O
1961
.«
A-O
M-S
J-D
J-D
J-D
M-N
M-S
A-O
J-J
1936
Kentucky & Ind Term 4'As—
55%
■'
Chic & N'western Ry.
of
a-o
Ry—
Ref & impt 5s
-.Apr 1950
Kentucky Central gold As—1
1987
8
3%
230
53%
4%
Certificates
Mem
gtd 4s
Kansas City Southern Ry
Western RR—
1955
Fort Scott &
§ ARefunding
Plaines Valley Ry—
See
Detroit
"
99%
98
J-J
Assented
A Ref &
.
107
*103%
105% 106
J-J
1936
SAConsoi
'
—-1
A-O
1936
consol 4s
gold 4'As
§ A 1st
Des
107'A
M-N
& Rio Grande RR—
JDenver
A
j-j
J-D-
84%
100
Volume 160
267
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4343
NEW YORK BOND RECORD
RANGE
Interest
Exchange
Stock
Last
■.
Uiah
Low
5s„j— —1954
Lehigh
...1950
J-J
—
4s
4%s
84
48%
—
,
513/4
820
36%
51% v
47%
45
47%
57%
54
57%
166
82%
80 Va
83%
102
A-O
—1962
M-N
120
—
120 3A
*109%
—
a:;a
—1949
—1949
stamped
M-S
—1949
Guaranteed ref gold 4s
4s
M-a
109
M-a
—
debentures
3s
F-A
18
104
107
14
104
J-J
105
M-S
106%
5s series A.
1st
Louisville Gas & Elec 3%s_— —I960
—1945
Lou & Jeff Bridge Co gtd 4s
18
1183/4
120%
Louisville
.y "y •
a-o
a-o
2003
a-o
—2003
5s
ref
a-o
106%
106
J-J
106
100% 106 %
4%s series C—
1st
&
ref 4s series
D
33/4S series E
ext.— —I960
__1980
gold 3s
Mob & Montg 1st gold 4%s— —1945
—1952
South Ry joint monon 4s
M-3
—1955
M-N
& Cine
Knox
Div 4s
:
107%;
94%
105%
1073A
102 3/«
104 3/8:
9
N
113
4%s
ser
71
70'/a
"71%
77
81Vi
81 Vi
84 Vi
-24
ftjianati Sugar 4s sink fund._Feb 1
1957
M-N
^Manila Elec RR & l.t s f 5s
1953
1959
1947
M-S
M-N
A-O
A-O
A-O
A-O
F-A
(Southern Lines) 4s
A Manila RR
Shovel
Steam
Marion
f (is
s
Stamped
1955
Vis
1950
{gAMet West Side El (Chic) 4S..1938
McCrory Stores deb 3%
Metrop Wat Sew & Drain 5
*63%
a
*101%
29%
642
163/B
J-D
64
58%
65%
758"
48%
65%
102%
107%
93/4
18%
1st & ref 4Vis series of 1927
4s_
103%
14
14
1st
&
4%s
impt 4Vis
J-J
3Vis_1969
{§ AMidland of N J 1st ext 5s
1940
{§AMilw & Northern 1st ext 4Vis__1939
1939
19
J-D
74%
97
*96%
M-S
1949
ARef & ext 50-yr 5s series A—1962
{Mini; Ct Paul & Sault Ste Marie
1st nitge 4 Vis inc ser A——_1971
Gen mtge 4s inc ser A
——1991
tAMlssouri-Illinois RR^lst 5s
1959
Mo Kansas & Texas 1st 4s.*
1990
4s
q-f
*5'A
—
6
250
78
J-D
82%
56%
5s series
5s series A—Jan
ad just
83
S0V2
89
84
J-J
71
67 Va
71
1978
J-J
74
72
74
1967
a-o
69%
60
70%
1962
40-year 4s series B
Prior lien 4 Vis series D.—
A Cum
J-J
A—,*».———1962
4s
A General
&
ref 5s series F—
A 1st
&
ref
AConv
A 1st
&
5s
series G
f-a
533/4
&
Vis—
.
/
36
559
183/4
108% 108%
3
106%
109%:
106% 106%
5
106%
1103/4
82%
89%
34%
47%
40
48
1961
F-A
*34%
O-A
M-S
.
4s__1997
1997
Jan 2047
2047
2047
*121%
Q-J
Q-J
Q-F
Q-A
J-J
109V2
104
2047
107% 109%
103% 104%
70
68
-
1st mtge 3%s__.
,
87%
1st
mtge. 3s
&
Gas
22 Va
2.012
723/4
;.'A
505
56 3/8
72%
AA
162
56%
.ACertificates
...
.
A 1st' 5s
•
:•
•
-
•
14%
1st
80%
1043.(
92%
94 VA
56
67%
9 4'A
92%
94%
37
67%
94 %
105% 105%
9
105 Va
1103/4
101
101
of
A 1st
rA
5s
series
72%
73
70%
73
79%
78
80
72'A
*107
i.-:
Certificates
:.;..;Alst
4Vis
56%
;•>■ 23'• A'
A
23%
1
213/4
/
103% 104
A
5%s
'•
1053/4 1053/4
j-t
A *95'A
M-N
of
Certif icates
105%
109
~2
lOOVa
:
'
.
104%
110%
102
104
1O^ 1033/4
n
103%
105%
107
1053/a
1083/a
105>/2 105V2
6
105%
108'%
*101% 104
103%
,
J-J
J-D
J-D
106%
106% 106%
32
106%
110%
1966
1970
J-D
.J-D
108%
108'A 108%
37
107
111%
105% 1053/4
23
1971
J-D
1053/a
A-O
105% 105%
108% 108%
17
1966
1966
J-D
1955
J-J
M-N
70
65
A
65% •"
71
65
70
M-N
>
66
v:;.'
420 ■ <
~.
..
■
71
43%
291
I960
—
/;
1st
33/4S
ref
&
• r
4%s
66
J-D
*108
110
112%?:
108
109'A
v;';,: :-''~l : / ■
110
110
V;
F-A
J-D
M-S
A-O
N
52
107%
106% 107 %
33
105%
108
102%
1G2% 103 %
6
102%
103%
105%
A
99%
J-J
F-A
F-A
—;
106%
105%
108%
6
108 %
110%
106% 106%
3
106 V8
1103%
108
109%
1970
1981
A-O
/ A-O
mtge 4%s series E——1984
deb 3%s
1952
J-J
1183/4
118
A-O
103%:
103
Conv
116
1970
series C
96
96
97
16
84
96
96
96%
"9
84%
96%
110% 114%
2
114%
123% 124 V
4
J-D
M-N
,
F-A
M-S
J -J
J-J
J -J
105
104%
Pere
126,
1st
,
91%
105%
General
5s
5
93%
104%
General
gold 4%s
.22
96
40
70%
62
1
106%
81%
83
83
1950 1.
82%
F-A
80%
.
^
v
v'-
68
82%
71%
71%
F-A
69
*80%
vi
1-0
...
—.
of deposit———.
A-'A*' '
-
84%
85
37
;
Aref
1998
.2013
2013
A-O
87%!—
J-J
J-J
F-A
F-A
.
81% *83%
_80%
1
.
81%
426
1,025
86
87%
fi
533
3s
78
Rud River 3Vis
99
—
1998
1998 '
gold 3Vis
3'is. registered
New York Chicago & St Louis—
Mich Cent coll
—
Ref
5Vis
series
993/4
V
208
85%
Series D
833/4
3eries E
56%
81%
Serijs
F
63
87%
Series
G
83%
99%
4Vis
series
C__
N Y
N
Y
Connecting RR 3Vis A
Dock
1st
V951
gold 4s
1S65
1st lien & ref 3 Vis series E_-—1966
N Y Edison
3Vis series D
N Y Gas El Lt H & Pow
Purchase money
For
footnotes
see
:
gold 5s—1948
gold 4s
page
95
10
783%
95
84%
86
20
69%
—1949
2672,
A-O
M-S
A-O
F-A
A-O
A-O
J-D
F-A
623/8
119%
127
127
128
39
115%
104
103% 104%
81
97
118
117% 118
22
106
11834
30
105%
103%
41
993/8
104%
108% 108%
9
108 3/8
112%
81%
34
55%
49%
34
23%
53
/
106%
2
105%
107
1
104% 105
70
95%
105%
5
87 Va
100%
82
104%
80%
80%
48 3/4
106
va
'
128
105%, j
118
i':
118%,;
82%:
100
100
104
104
104%
97
105%
105% 105%
11
131% 131%
1
131
132
1263/4 126%
1
121
1263/4:
105% 106%
5
103%
107
109%
104
101V2
101% 101%
103%
101
*102% 1023/4
101%
101%
M-N '
M-S
J-J ;
1963
81%
228
34"
34%
"104% 104%
429
79%
*104% 106
165/4
15%
3
16%
101% 101%.
95
10
*102%
r.
r;.
7%; •; 19% ;
6% il7
100 V2
101 %;
"fr
'■ {
104
i..-' "
104 Va
112%
112%
112
114
*114%nll7'
113%
115
*122
122
123%
123
124VA
112% 112 VA
*1133/8
F-A
F-A
M-N
J-D
guaranteed 4s
36%
105%
.
102%'104
—
*103
82 VA
17%,
'
!
M-N
F-A \
J-D
M-N
38%
104
1041/2 106% '
"
17%,
*13%
4s
cons
34%
F-A
guaranteed.*——1945
3%s gtd gold——i——.1949
4s guaranteed gold
1953
4s guaranteed..
.1957
H
80%
__
,
I
—
82
81
2
81%, 82
17
*74%
63
„
'
74%
Pitts
Steel
133
108%
154
87
104
1st mtge
,109% 1093/b
8
105
103 %
1st mtge 4%s series C
593/4 100%
66
78%
1003/4
12
105%
109%
108 Vi 108%
103%
103% 103%
109%
100
j
105%
..105%
i'05%•
107% 107%
113% 1133/8
109% 110
7
106
113%
1153/4
109 %
111
1
& Ash 1st 4s ser A
1st gen 5s series B
1st gen 5s series C
,
:
1st 4%s series D._
Pittston
Co
5%
inc
deb.
;
J-D
J-D
1959
1960
.1948
1962
1974
124
127VA 128
30
130
1
105.
1043A 105
13
104 3A
104 VA 1043/4
130
116%
128
116
130%
102% -105%
4
101%
86%
48
58 Va
J-D
1958
1st 4%s series A
4%s series B
Pitts Young
110%
1
12
Pitts & W Va
*—
A-O
,.1950
.-1950
1st mtge 4%3—
4%s series B
95%
108%
109%
109
100
J-J
If.
-
1960
1963
Series J cons guaranteed 4%s__1964
Gen mtge 5s series A
——.1970
Gen mtge 5s series B———-1975
81
81
81
73
J-J
Series I cons 4%s
86
65
6s—u.————1949
debentures
59,
95
86
119%
104
J-D
M-N
stamped-—^-———1973
1st mtge
1974
—1978
—1965
A
Ref
F-A
F-A
100 cnr.
119
F-A
J-J
-1967
{SAPhilippine Ry 1st s f 4s_
—1937
ACertificates of deposit—
Phillips Petroleum 23/4s debs—.1.—1964
Pittsburgh Cino Chi & St LoiiiS— ,
t '
%A 91%
Series
N Y Cent &
119%
109%
107%
J-D
Philip Morris Ltd deb 3si.————1962
86%
•
5s
AConv deb
r 81
100%" 100%
*100%,'
125 VA
98%
M-S
•
series C—1977
2%s
M
121
107%
{Philadelphia & Reading Coal—x-.i."
83
,
h
-
-zk...
83%
81.%
73
74 ; -
*71%—'.
J-J,
F-A
A-O
1945
893/4
•
v
68%
deposit—
ref
17
■
Electric
&
85
70%
71%
72V„ 89%
—
—1950
1st
107%
124% 124%
J-J
1974
B—*
107
124%
J-J
Co coll tr 4%s
1961
1st & ref 2%s—1971
Philadelphia
75
61
A-O
series
IO73/4
F-A
1952
Wash 1st gold 4s--
Phila Bait &
Phila
70
1980
3%s deb
94%
—
5s series C
gold 4%s series C—
Phelps Dodge- conv
106%
>108
108%
108%
Apr
1956
1956
series B
4s
A-O
Apr .1990
1974
Marquette 1st series A 5s
1st
108
M-S
1947
1960
Ry 5%s
Pekin Union
4
' 105
106 % 106%
A-O
&
105%
104% 104%
106%
122%
Peoria
117%.
88
*95% 100
*106%
-
48.:
A Income
97
J -J
B—
gold 4%s_.
Peoples Gas L & C ref 5s
Peoria & Eastern 4s ext.
:
109%
16
108% 108%
1968
—
series
106 %
108%
io63/4 107
■
—
111%:
—
*108
:
J-D
J-D
5s
108
105
*105%
M-N
A-O
F-A
Gen
105
114
*
General 4%s series D—
103% .106 %
113%
*113V/4 114
Cincinnati Bridge Co—
imot
13
*103%.
J-D
———1954
gtd 4 Vis_
Y Central RR 4s series A
Ref & impt 4Vis series A
&
■
105% 106 ;y
M-N
1935
General
Ref
94%.
82
94%
93%
94%
'
116%
dollar—_l_May 1 1948
mtge 3%s
106
"
105 %
M-N
Gen
106
101%
—1948
4s sterl stpd
;
112
1103/4;
113%
General
y.
—1
■.
M-N
106%
110
*__
110
*105% 105%
*109% 110%
A—
J-J
1968
"
'
106 VA
1033/4
' 114
—
M-N.
1969
1974
—
/
:% /-/
„
J-D
1981
B
3%s—
debentures
Pennsylvania RR—
Ccnso! gold 4s
.
M-N
104
108
108%
4
*100
M-3
—1952
D„
ser
—
100%
98
■
ref 4%s series
&
1st
Penna Power & Light
2
100% 100 3/8
s
65 %i
47%
109
■;
3%s series C.—
111 1st s f gold 4%s_
_1960
Pennsylvania Ohio &: Detroit RR—
s
102
48%"
mtge
Pennsylvania Co—
"
631/4
65%
1997
3 Vis registered1997
Lake Shore coll gold 3 Vis——1998
3 Vis registered-—
—.
1998
v
1041/4
5
106% 106%
■
M-N
Paterson & Passaic G & E cons 5s_1949
963/4
943/4
96
'
Newport &
111%
102%
1964
Gtd 4s series E trust, ctfs.
:a: "1
J-J
——1954
108 I/b
105V2 1061/4
J-D
J-D
Pennsylvania Glass Sand 3%s.
114'A;
102 A 102
J-D
:?
111
deposit
series A-—
15%
8
35
'
108'A 108%
104
1940
Panhandle East P L 3s B
A
108'' A 111%
1
*111%
J-D
80
& Mexico Ry—
deposit—;
24
209
24
108%
gold 5s
lsc
Co
mtge 3%s series I
Paducah &
74%'
60 ""
1041/4 107
—
•
1
v-
1945
series D—.
...-ACertificates
Alst
of
101%
112 %
107
4s series G
Coast
Gas & El
Ref
56%' "■74%
151
320
••
<
108% 108%
a-o
1949
1965
-.1954
1948
C—
99J/2
14
101
*107Va 108%
J-J
1945
5s
Pacific Tei & Tel 3%s series B
14%
9Va
1.526
■■14 «/4
12%
70%
1945
series B——
A Certificates
287
1031/2 104%
1st & ref M 3s series k
74%
■■
1960
5s series A
of deposit
88%
1st & ref mtge 3s series J—
74%
70'A
f-a
England Tel & Tel 5s A
—1952
1st gtd 4%s series B————1961.
N J Junction RR gtd 1st 4s
1986
New Jersey P & L 1st mtge 3s
1974
New Orleans Great Nor 5s A
-_1983
N O & N E 1st ref & imp 4Vis
-1952
New. Orleans- Term 1st gtd 4s-;—.1953
gANon-cum Inc
61%
J-J
1st & ref
34%
34%
70%
a-o
New
{New Orleans Texas
68
112
88%
1946
Debenture
.
72%
51
94 VA
M-S
_1966
3%s
Elec
Transmission
Pacific
',743/4
31 Va
'
M-S
1978
——
104%
53
1
94%
J-J
1948
mtge 3%s
—1972
————1974
Pacific
563A
210
N
gtd 4s
88 %
14
109%
471
68
88
F-A
F-A
M-S
sinking fund 4%8—
..I960
General 4%s series A_——_—..1965
A Consol
,
723/4
68
129
121%
92%
245
'
J-J
J-J
1967
1974 ;
1964
—
72%
J-J
2047
2047
125
116
*129
M-S
134'%
129
134% 134%
134%
Cons
L 4s series A
Nat Dairy Prod 3Vis debs
Nat Distillers Prod 3Vis debs
Navional Steel 1st mtge 3s_;
{ANaugatuck RR 1st gold 4s
Newark Consol Gas cons 5s—.
{ANew England RR gtd 5s
31
29%
25%
29
70%
A''
72%
f-a
1968
1947
Nash Chatt & St
111
"
72%
a-o
1955
1955
M 5s series
108
74
;;m
43r
480,'
72%
—
A—
Constr M 4Vis series B——
Mountain States T & T 3 Vis
Mutual Fuel Gas 1st gtd 5sConstr
34 7/a
M-N
-I960
6s
debentures
—
1905
Montana Power 1st & ref 3%s
1966
Montreal Tramways 5s ext———1951
Morrell (John) & Co 3s debs——1958
Morris & Esse* 1st gtd 3Vis—:
2000
mtge 4
95
7
110
64
Guaranteed stpd cons 5s
M-N
Moh'k & Malone 1st
1st
87
228
Oregon RR & Nav con gold 4s*—-1946
Ore Short Line 1st cons gold 5s—.. 1946
M-3
1981
gtd gold 4s—1991
Monongahela Ry 314s series B_,—1960
Monongahela W Penn Pub Serv—
A 1st
1
71
57
86
70 %
72%
M-a
1949
-1980
gold 5Vis
ref gold 5s series H
ref 5s series I~«.
110
14
9%
93%
93%
'
1965
1975
1977
1978
—
A 1st
23
7%
38
■
84
.-
{Missouri Pacific RR Co—
A 1st & ref 5s series A
9%
9
85 %
—
mtge 23/4s
Ontario
83
64%
Missouri-Kansas-Texas RR—
Prior lien
54
15
443/4
1st & ref mtge 3%s
Oklahoma
80%
105
100
785
8?
78
11
States Power Co—
Ohio Edison
102
61%
;f:
*105'A
r
130
23
'
84%
§ Alst guaranteed 4s
6
93%
67
80%
791/8
J-J
54
20%
23
{Ogdensburg & Lake Champlain Ry-—
,
100% 101%
101%
J-J
109
50 %
54
34
43%
B
impt 5s series C
1st
J-J
108
105%
O
12 VA
3%
—
105%
5
85
impt 5s series D
1st
3
105
106% 106%
44%
95%
7%
113
12'A
11%
series
6s
105
J-J
A-O
106
75%
{Minneapolis & St Louis RR—
ref gold
impt
111%
106%
A
&
106
M-S
A-O
1974
1974
registered-.—
& impt 4%s series A
&
37
*105% 106%
106%
75
52
1966
1955
RR 5s A
&
,
53%
37/s
105
75
73%
73%
204
4%
J-J
ref 5s
& Id gold 3s
ry
4%
1946
Ry 1st gold 4s_1996 v
&
gen
4%
74%
95%
10
97
5934
1998
2014
registered
(Wise)
108%
55
7
74%
96
V
97
106%
1.1943
1967
A
series
ref 4%s series
&
(Minnl
99
73
.81
97
r___1940
1.
Ref
105 %
102%
1
99
107 Vi 108
99
M-S
A-O
J-D
AgConsol ext 4%s—
__
104% 104%
M-N
1979
series C
Michigan Cons Gas 1st mtge
&
Central
'
1937
Ref
100%
95
*100%
M-S
1952
3 Vis
gold
Rcf
1951
3 Vis
1937
7
106% 106%
14%; 15%
15
A-O
M-N
J-J *
J-J
J-J
F-A
F-A
M-N
J-J
1903
1st 3%s—
mtge 5s conv inc
Northern
Jack Lans & Sag
J-D
1993
1965
4Vis
gold
mtge
Ref
19%
Central—
Micmgan
A 1st
106
13%
11'
M-S
1955 *
Y Telephone
Ref
101%
92
5
101
.
M-N
1992
—
1st cons gtd 4s
Queens.El Lt & Pow 3%S
3s
„
*103% 104 Vi
*
1954
Gen lien
102%.
101%
,
1967
4s
4s
v
50
102%
.
31%
92%
:
—
Northern Pacific Ry prior lien
—
*'102
101
85
50
94
25%
Gen
—
101
67%
82
29%
North
„
-47 Va
50%
92%
4s
Niag Lock & Ont Pow 1st 5s A
Norfolk Southern Ry.'Co—-
71%
68%
556
136
Norfolk & Western
J-D
1960
A
67%
90
{JANorfolk Southern
RR
45%
A-O
M-N
1940
1957
Niagara Falls Power 3Vis—:
M
Central
76
61%
A Gen
Maine
61
59
66%
1st
52
463/a
58%
6s
3Vis series B_
{JAN Y West & Bost" 1st 4%s_-
106%
—.
159
J-J
deb
§ AGeneral-gold 5s
A Terminal 1st gold 5s
104
112
106% 106%
*113%
61
1948
§A2d
(
100
101%
*102
J-J
61
56%
55
J|aN Y Susq,& W 1st ref 5s—.
107'/a
103
M-S
603/4
46%
J-J
N Y Steam Corp
106%'
94 %
59%
56 %
296
1950
3 Vis
certificates
Debenture
Y Rys prior hen 6s stamp__—L-1958
N
":i
108
104
13
99% 100
60
45%
59%
N Y
99%
'
453/a
125
60
N Y & Putnam
30
*1023/8
88
58%
J-J
AGeneral
;
61
106 Va
58
54%
M-N
{AN Y Ont r& West ref gold 48J
102%
•
*105% 105 "Va
f-a
St Louis Div 2d
Atl
1
'
—1946
& Mem Div 4s
Paducah
,
25
55
58
1950
1st
■
6
105% 106
60%
57%
A-O
{AHarlem River & Port Chester—
1053A
105% 106
106
110
1005/a
2003
ref
&
Unit mtge 4s series B
105
*100>%
—2003
series B
&
1st
1st & ref
\
l
91
.
1955
A
104 VA?
93%" 105%.
5
70
Nashville RR—
&
1st
.
M-a
:H
102
103% 1033A
104% 105%
10G%/106%
46
563/i,
4s
§ACollateral trust 6s—
"
107% {
119% 119%
-~i
19
59%
As.
ADebentul'6
106% 107%
A-O
1969
—
—
& Ark
Louisiana
—1951
—1963
Lorillard (P) Co deb 5s
77
59%
85
71
25
deb
AConv
106% 107
107%
'
28
91
M-S
r._..1954
*
110%
85
90%
deb
A
i06
103%
3 Vis-..
101%
115
833/4
85
—
ANon-conv
1221/4 '
109
*106% 107 V:.v
3%s_—:
Non-cony
103
ANon-conv
127 'A
■
Long Island unified 4s
deb
deb
Non-cony
108%
102
M-S
,——1947
___1947"
4S—s—
A
1193/4
:v;,
deb
ANon-conv
83%
■
123 Va
S
5
a
104
*110
M-N
&
High
r.nw
NO.
High
*1093/a
M-N
57VA
64%
^ X-.'- •'
v
*126
42V4
-
A——1973
i
a 47%
35
213
2043
v
West 4s series
1
—.—1973
{N V New Haven & Hartford RR—
Lack
Y
January 1
Sold
*108% 109
M-N
J-J
J-J
4%s series B
473/4
,
.
series B
Mtge 4s
N
51%
—1951
A
;
45 % V
A-O
senes
48%
32%
Lehigh Valley Terminai Ry ext 5S.1951
gen 4s
85
71
Lex & Eastern 1st 50-yr 5s gtd__ —1965
Miami
1.129
45%
A-O
Luue
'
M-N
—2003
Liggett & Myers Tobacco 5s
64%
33
79
48%
*.—2000
i—i.2043
gold ?%s
Mtge 4s series A
42%
..2003
stamped modified.:
85
45%
79
Range Since
Bonds
Sale Price Bid & Asked
Period
.
..
Lota
Harlem
&
Y
N
M-N
2003
5s
81%
'
..
High
56
208
79
■
45%
—2003
registered
stamped modified
4%s registered
76 Va
79
i
M-N
4V«s ext
Y
Valley N
Ldbigh Valley RR—
%s stamped modified
F-A
Low
No.
Last
Interest
New York Stock Exchange
Range Since
January 1
Sold
Sale Price Bid & Asked
Period
Leh Val Harbor Term gtd
Bonds
Week's Range
or Friday's
Friday
BONDS
Week's Range"
or Friday's
Friday
BONDS
New York
DECEMBER 15
WEEK ENDING
FOR
'
86%
83%
A-O
A-O
J-D
F-A
J-D
86
83 Va
86
56
58%
86
83%
86
75
58
1977
j-j
86
123
86
107%
121%
123
j-d
1964
86%
107
*106
123
105
*98
99Va
86
98
'
YORK BOND RECORD
NEW
RANGE
Last
Interest
Stock Exchange
Low
1st
extended to
5s
El
Potomac
M. 3'As
1st
Pwr
106
i
101
105%
I
Standard Oil N J
107 3A
107%
109%
'
2%ff debenture
il3%
113'A
f
Sunray
j
Superior Oil 3%s aebs
8wift & Co 2%s debs....—
V
99
25
*113
F-A
i
J-J
-102
102
M-N
-
*99%
M-S
*110
J'J
1st At
ref mtge 3s~
1972:
M-N
1st
&
ref mtge 5s
j-j
1st
&
ref mtge 8s__
2037
2037
102 >%
17,
—
110%
107%
147%
150
i
224%
j
deb-
Quaker Oats 2%s
Terminal
RR
Assn
of
Texas
St
J-J
106%
J-J
106%
107 %
94%
107
3
104%
107%
101'A
*103'A
94
15
106% 107
106% 107'%
M-N
103%
•V-.-
1953
4s__
98
98
98'/a
16
81
68
69
89
44%
*125%
\
J
—
*11
M-S
M-S
18
18'A
19
of
A Ctfs
1914
A 1st
A
18
of
128%
B
1977
A-O
101% 102%
32
81%
102%
C
1979
A-O
101 %
101% 102%
80
79%
102%
1980
J-D
101%
101% 1021/4
46
80%
102% '
Pacific-Missouri—Tenn
Ave
94
1953
J-J
1971
Af-N
—1945
A-O
1959
F-A
Oil
San
Fran
South Pac
'
&
Mem
Div
6%s
1st gold 4s
Bell Tel 3%s B
Southwestern
Pub
Serv
4s
in
a
the week
in
footnote
Dec.
and
9,
ending
39%
105
"•28%
Va
40% ;
39%'
106%
97
3
6
70%
87
73
19
53
: 38%
A
79%
40
9l
'A
30%
Wabash RR.Co—
1st
104%
I
103%
29
105'A
i
4
128'A
5
85'A
137
.85 'A
85'A
10
75'A
85'A *•
118
21'%
38
38
77%
.
20
,/329
54'%
89
27%
51'A
51'%
53
51%
53%
1.089
46'A
■*
.37
421A
52
28
31
—
—
/"■:
36
'
231%
68'A
103'A 104'A
19
70 «A
105%
103
-
-
:
!
9
105%
96%
300
69
91%
128
66%
89'A
90%
375
65%
90
195
65%
6
101%
107
104% 105%
289
91%
119% 123
95%
97%
155
177
73%
18
92%
114'A
117% 117%
114%
117%
45
100%
106
1
100%
Friday
STOCKS
York
Last
Exchange
Curb
Sale Price
100%
ACF-Brill
Acme
Aero
Wnt
a
co
warrants....
(Dec.
Week's
3
common
26'%
26'%
15,
AND
1944).
It
is
Associates Inc
Aircraft
For
Accessories
footnotes
Corp
see
page
FOR
WEEK
/
2677.
Shares
104%
109
109%
109
2
101
119
106'%
112'%
,
•
I
48
88%
105'A
■< 9
98%
107%
245
77%
18
101'A
108%:
79
102
107%
75
100%
107'%
101
102 %,
104'% 105
M-N
,
102 % 102'A
5
J-J
797/«
77'A
79%
"135
J-J
75 W
74%
76'A
84
M-S
'
*109%
—
MS
111
%
7.9%'
53
76%;
110
...
ni%i
J-J
91%
10
101%
105
116%
117'%
77'A
1936
52
104% 105
'
"
53%
101% 102%
102'A
A-O
J-J
Af-N
21'%
of
101'A*
117%
118'A
109
i
'
A-O
102%;
98
*106% 107
1949
1st
B
*117%
•
102%
57'%
77'A1
75 »A
1st 4s
of
...
74'A
2
60%
74'/2
20%
21%
525
14%
22%
.
14%
A-O
18
109
107%
*106
J-J
197.1
263
*12%
•
—1968
Public Service 3'As
77%
74%
deposit
8
Sheet & Tube—
f 3%s series D_.
110
900
26'%
20
2%
22
Sep
Jan
a
delivery
Deferred
not Included
—
110'A
107%
111
Sep
26'A
21
101%
106
n
Included In the years range,
d Ix-interest.
e Odd-lot sale not
Under-the-rule sale not included In the year's range,
r Cash sale
y
Ex-coupon.
impaired by maturity.
{Companies
EXCHANGE
RECORD
YEARLY
ENDING
13'%
2.800
x8%
%<
Jan
8%
Oct
Dec
■-
daily reports of the
the current year.
'
\
-
on-cSatuicdayv
Curb Exchange itself, and is iRteft^fj$;
'
beginning
the New York, Curb Exchange for the week
DECEMBER 15
York
Curb
Friday
Last
Exchange
Air
Investors
common—
Alp.bama
nreferred—
Electric Appliance
Great Southern
Alabama
Power
Convertible
Air-Way
Co
$7
preferred
2
10
3__50
*_•
2%
Range
for Week
Shares
Low
JL.100
__2'A__2%
3%
1,400
4
...1
6%
Jan
3
Jan
35%
2'A
Apr
Oct
Jan
4
July
Mar
89
Jan
102
10
i
6%
High
2
35
160
98'A 100
114
Feb
119
Nov
104'A Mar
109
Nov
117'A 117'A
\
,
.
riro^rred....
Alles & Fisher common...
Range Since January 1
HixsA
•
g6
Rales
Week's
of Prices
Low
Par
■
13'A
jttimau
week, and when selling outside ths regular weekly range era shown
Sale Price
Dec
12%
companies.
being transacted daring current week.
Act, or securities assumed by such
•Friday's bid and asked prices; no sales
ABonds selling flat.
Dec
10%
,
tThe price represented is the dollar quotation per J00Accrued interest payable at the exchange rate of $4.8484.
reported as being in bankruptcy, receivership, or reorganized under flection T7 of
the Bankruptcy
Jan
5'%
Feb
2
32
not
in the year's range,
§ Negotiability
Oct
Jun
Feb
104% 105'%
105
pound unit of bonds.
3 Vs' Dec
6%
17.800
sale
included In .the year's range,
High
3'%
'
M-N
.I960
Range since January 1
Low
3%
8'A
|
Co-r-
STOCKS—
3.500
7%
J-D
I960
New
6.200
8
*118
4s_
Sales
13'%
(N J).
J-D
105'A 106
for Week
High
5
i.
101
'
105'A 106
compiled entirely from the
10%
4 'A
—
105'A
A
ser
Telegraph
which any dealings have occurred during
19'A
common.^:.
90
100%
1
■
'99'A
105%
5s
1st
unless they are the only transactions of the
sales in computing the range for the year.
10
4'A
Mfg
60'A
100'/a 100%
MS
60
10%
B
38%
25
102'A 102 %
J-D
complete record of the transactions on
Supply Mfg class A___
Class
Ainsworth
Air
Motors
102 v]
19
•
107'A 107%
111%
49
57
account Is taken of such
of Prices
92
95%
'
>
107%
1st mtge
107"%
110%
or bond, in
Low
F-A
Af-N
Union
Youngstown
107'A
furnish
Range
104%'
,
56
25
107% 111
108% •112%
5
RANGE
New
68
■
65
106'A 107'A
r
119'A
55%
Friday
F-A
110
117%
96
2
*110%
No
60'A
106'A
123
105
106
57
>
i i:
105%:
116
110
110'A
*107% 108
110%
j
91'A
116
106
57%
/
23
101'%
100
Q-M
1945
1950
1967
deposit
Wisconsin Elec Power 3%s
97%
113% 114%
95%
111
100'4
22
H
; v.-
M-8
ACertificates
90
105% 105%
j
,
100'Ai
106%
90%
89
123
90
96%V
95
90
t9%
105%
105 '%
1948,
1945
series I
§ASu & Du div & term
109%
90%
953/4
91
F-A
:
ioo
•;v
92'A
.91'A
86%
;
1940
Tacific
ACertificates
109
3,#108 %
gtd gold 3%S—2000
ref
90
J-J
__
107
A-O
4s
mtge
.101% 102'%
92'A
.
J-J
124
5
1953
102%
:
1966
106'A 1
123
107% 107%
Apr
JAWisconsin Central 1st 4s
i
103%
105%
107
44
1950
25-year gold 5s
.1951,
30-year 5s__
1960,
Westinghouse El & Mfg 2VbS_j
1951
West Shore 1st 4s guaranteed
2361
Registered
2361
Wheeling & Lake Erie RR 4s
„_1949
Wheeling Steel 1st 3%s series B
1966
Wilson & Co 1st mortgage 3s
1958
102'%
52'%
14
102'A
Apr
Funding & real estate 4%s
54
100'%
*101'%
103'A;
80
.32
107% 108%
108%
J-J
—1991
Power 3%s
Penn
Western
■;
"\v"
62
100
24
101% 102'%;
99% 100%
108
.
—1981
Maryland 1st 4s
1st & ref 5 %s series A
,,
'
:
RR.lst
'
1971
;
A
Western
73'A
107%
lf-8
106'%
100
t
.1952.
1977
West
•
53"Va
73'A
1st
Co
t A Western
72%
inc series
4s
guaranteed 4s
Westchester Ltg 5s stpd gtd
Gen mtge 3%s
53
17
54'%
i
mtge
mtge inc 4%$ series B
1st 40-year
37'A
8
37'A
*124
'108
A-O
;
Washington Central Ry 1st; 4s.
Washington Term 1st gtd 3'As
I
37'%
36
■37'%
103'A
j-j ;
90
'103% 104
1966
A
.
mtge 4s jseries A
Walworth
;
28%
37
36%
.
Gen
fv 85 W "
43
r
Gen
8214
43'A
*106% 106%
M-S
1958
111%
104'A
-
82'%
68
:
*
113
106,,
Ll
W
/
Warren
>'
5s
cons
112
__
V
40 %
126'A
37
1st
•79% '•
102
.J; ,:.
104%
*128
■/
99'%
'
105
92
39%
A-O
82'At
82
Coke
D__
Virginian Ry 3%s series A*.,.J
,
87
86 /
Coal &
Iron
1955
series A
gold 5s__1949
Va & Southwest 1st gtd 5s*
2003-
I
103
present
97%
28%
12
the
105%:
36
1,721
104
■
•"include effexy; security, whether stock
99
48%
*103%
~~
we
M-S
40%
82'%
they occur.
—1959
debs
1974
11
which
101%
1st & ref mtge 3s series
103% 103%
in
24
:
105% 106%
extensive list
104
105% 105%
98%
99
"48%
deferred delivery sales are disregarded in the week's range
In the following
1(0%
36%
WEEKLY
and
3%s
Pictures
RR cons g 4s
s
NEW YORK CURB
NOTICE—Cash
6
5
103%
1964
1968
ref 3s series C
109%
ft 101A
102
*109
23'A
Apr
&
F-A
106
*105%
106'%
1972
1st
..1958,
111%
5
*112%
F-A
ASpokane Internat 1st gold 4%s._2013
Louis Div
Southwestern
101
:
M-S
Vandalia
J-J
A-O
A-O
J-J
i990
1951
gold 5s
A-O
107
108'%
F-A
*51
J-J
J-J
J-D
J-J
M-N
1st
1952
Drug 3%s debs.—
Winston-Salem S
•
106% 107
Cigar-Whelan Stores 5s
debs
109
M-N
74%
3014
J-J
A-O
A-O
A-O
A-O
107
102%
1968
-72%
—
1994
1950
1956
J956
14
1955
Biscuit 3%s
Cons
73'A
A-O
J-J
108'A 109
102%
—1957
53
Af-N
Af-N
J-D
108%
3
55
f 4s- series B——
J-J
gen
1980
106%
Va E!eC & Pwr 3'As series B
54'%
Af-S
M-S
106% 106%
;
'
53%
1968
1969
1981
1950
1955
106% 107
U-N
104%
106 %
50%
37'%
1977
A-O
1971
%
28
46.%
37'A
M-S
106% 106%
94
85'A
—
*104% 104%
46
■C-I 76
M-S
J-J
J-J
1970
deb...
Ref mtge 3%s series A
Universal
82%
A-O
.'i
20%
106 Va
36%
*107
38
112
17%
103'%
17%
1967
35-year 3%s
'
85'A
—
Stamped
St
:
.
.
110%
17%
105% 105'A
1947
grant 4s
34-year 3'As deb
Wisconsin
.
107%
__
110% 111
;•
32%
'-v
^Southern Ry 1st cons gold 5s
Devel & gen 4s series A
Devel & gen 6s
Devel
land
United
1950
gtd 4s
104
103%
Pacific RR—
&
•
1964
1963
1962
1979
1st 4s
Term
RR 1st ref
1011/4
101%
106%
*107%
33
106% 106%
-
A-O
1952
Gold 4%s
5s
of Calif 3s deb
debentures
lst
A-O
1941
Gold 4%s
88%
104%
120
12
x35%
35%
dep
A
7
103
*__
"
248
963
—
1959
(Oregon Lines)
102% 102%
A-O
J-D
gold 4s__194fl
gold 5s
27
-401/2
96%
1.280
\
,
30%
102'A
89%
Pacific Co—
4%s
1950
1st 4s
1st
47
104%
104
48%
37%
—
Gold 4%s
West
Buff
71
56
91
39%
45%
J-D
3%s__1960
104%
103 %
—
89
45%
„
19bu
debentures
&
&
89%
A-O
x35%
-.-i, 531%
J-J
J-J
F-A
A-O
Southern
Ham
J-J
i960
Jan 1960
ref & impt
*103'A
£8% .50%
J-J; •!.... __ J-J
,
. 76
J-D |
F-A ,
40%
A-0
MS
104
M-N
1954
1961
ist
97%
5
46%
;, F-A
F-A
3s
100
•
44%
<
95
12
94
45%
J-J
'
South
Ry 1st ref 4s__
income 5s.__.A__
St Louis
J-D
Orl 3%s_.1974
New
M-S
;
95%
42
•
100% 100%
M-N
deposit
gtd 5s
Bell Tel & Tel 3'%s
of
Ohio Cent
&
1st
100%
3
45
i
South & Nor Ala RR
RR
United
46%
1950
Skelly Oil 3s debentures
Soccnv-Vacuum Oil 3s debs
128%
1949
76 % i
77'A r
62'A
63
99% 100
100%
—„
1989
Oil 2%s debs..
2%s sinking fund debentures
{§ ASilesian-Am Corp coll tr 7s
Simmons Co debentures 4s
Sioux City & Pacific Div—
See Chic & Northwestern Ry
80%
108'A
■
106-106
99% 100%
__
100
If-S
1989
Union
105
16
104%
J-J
{ASeaboard All Fla 6s A ctfs——1935
A 6s series B certificates.,
1935
Shell
115%
D
Union
*72
__
1945
(Guaranty Trust)— /.
of dep
Ctfs
Ctfs
19
series
series
f§AUnlon Elev Ry (Chic)
„
J-J
(Chemical Bank)—
t§AAtl & Birra 1st gtd 4s
__1933
ACertificates of deposit.
A
J-D
k.I
105'A 106%
U
19'A
12
100
105%
—
:
6s series A—
cons
105
*77
M-8
J-J
Trust).
(Chemical Bank)—y-
dep
15
Union Electric Co of Mo 3%s
52%
11
7
*__
.T-J
J-J
• A-O
M-N
Nov 1989
J ARefunding 4s
A Ctfs of dep (NY
106% 106%
,110%
39'A
102
62%
17'%
<
stamped..
Certificate of
106%
series
United
.
gold 4S.1968
J§ASt P As K C Sh L gtd 4%s
1941
St Paul Union Depot 3 %s B
—1971
Schenley Distillers 4s s 1 deb
1952
A
Af-N
2000
gold 5s
105% 106%
1965
1st
105%
13
■
108'A
52'A
52%
J-J
Duluth 1st cons
§ A4s gold
106"%
A-O
Tri-Cont Corp 5s conv deb A
111%
107%
■
J-J
1996
V & N E 1st gtd 4s
{Seaboard Air Line Ry—
S A 1st gold 4s unstamped
ACertificates of deposit.:
103
105
1959
5s
Toronto
111%
t'-i
,
105%
Scioto
106%
91%
8
'
& ref gold 5s
a Gen
113
—
105 % 105%
5s
Toledo
—
*111'A
'
M-S
unifying 5s
1952
series A——1990 ?
i A 1st ternr &•
'
*107'A
F-A
-
ref
Tol
69
M-S
JSt
St Paul &
118
111
120
*117
ref
AAdj
98'%
69
M-S
1st mtge 5s_
—1959 ,
St L Rocky Mt & P 5s stpd1955
ISt Louis San Francisco Ry
APrior lien 4s ser A—
1950 •
ACertificates of deposit
APrior lien 5s series B
;—1950 ACertificates of deposit
——— A Cons M 4'/a s series A
1978
ACertificates of deposit stpd
bond ctfs
J-J
,..1950
deb
Trenton Gas & Elec 1st
St L Pub Serv
inc
117
*111% 113
:
—
ref 5s
Pac
—
J-J
gold 6s—
——1996 ,
{St Louis Iron Mountain & SouthernRiver & Gulf Division
§Alst 4s stamped—;
ACertificates of deposit----
A2d 4s
J-J A
&
&
Third
A-O
2d
'
104%
&
Texas
28
106% 107'/a
106'A
..
105
97
9
104'A 105
J-J
1947
Louis-Southwestern Ry—
1st 4s bond certificates
107% I
Gen
Ltd 1st M 4Vis
Grand Island 1st 4s
Lawr & Adir 1st gold 5s
Jos &
105%r
102%
1
128 '/8 128%
3s
St
103%
,105%
■;-*£>
105%
J-J
3%s series B..1974
3s
Pacific
&
Union
Saguenay Pwr
10
A 2
106%
103% 103%
Gen
A-O
1951
coll 4s
f
i
106%i
105% i
•
23
106
103'A
1951
debentures
3s
100 V4i
99%
16
104
104%
102
28
:•
Louis—
St
f gold
s
Company
Gen
A
1997
Gen & ref 4%s series B
1997
Remington Rand deb 3%s
1956
Revere Copper & Brass 3Vis
1960
t§ARio Grande West 1st gold 4s„1939
A 1st cons & coll trust 4s A
1949
Rochester Gas & Elec Corp—
Gen mtge 4'As series D___
1977
Gen mtge 3%s series H
1967
Gen mtge 3%s series I
1967
Gen mtge 3 Vis series J
1969
1§AR I Ark & Louis 1st 4%s
1934
tARut-Canadian 4s stpd
1949
J§ ARutlaud RR 4%s stamped
1941
104% 105 %
103%
X
R
Reading Co Jersey Cent
Gen & ref 4'As series
105 %
Af-N
j
Texas
100'% 100V4
J-D
■Temj. Coal Iron & RR gen 5s
224
Ref & impt mtge
100'%
Hight
<
Tcxarkana & Ft Smith 5'As A
J-J
105%
103% 104%
*__
105
M-JV
Low
100%
Gen-refund
.1964
103%
^...1959
.1950
1961.
106%
107
> 224'A 224'A
J-D
Oil Corp 3% debs
105
J-J -
(
Range Since
No.-
-
102%
F-A
J-D
1953
:
January 1
Sold
Bonds
-
1961
deb- 3s_
HO
149 % 149 %-
Friday's
or
I960
debs
2%s
Oil of Calif
"Stand
.30%
98%
48
„
107
i'ji
Va
100%. 103
16
-
>-25'A
27%
Last
Lou>\-'Miah
108
■
iy57
1956.
1968
4s_
11 Providence. Terminal 4s
Public Service El & Gas 3 Vis
Interest
High I
Low
No
-
103% 104
J.J
—1951
IA Providence Securities
High
Week's Range
Friday
Sale Price Bid & Asked
Period
Exchange
Siock
i.
January I
*__
104
J-J
1977
3V4s
deb 5s
1st mortgage
Pressed Steel Car
:
New York
Range Since '
Sold
*
M-S
1980
1950
;—1966
1st 4Vis—
Portland Gen Elec
BONDS
Bonds
Friday's
or
Sale Price Bid & Asked
Period
DECEMBER 15
WEEK ENDING
FOR
Week's Range
Friday
BONDS
New York
Monday, December 18, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
2672
>
100
6
July
81% July
EXCHANGE
NEW YORK CURB
Friday
Curb Exchange
York
New
Range
Allied Intl Investing $3 conv
A
Class
Altorfer
common
conv.
Co common.,.
Bros
Aluminum Co
common
Aluminum
Ltd
Aluminium
22%
Feb
31
Jun
28%-28%
125
23%
Apr
31
Dec
8%
35%
37%
5,600
600
27%
Mar
37%
Co
Central Mfg
Power & xjight—
Convertible class A
.
14%
85%
88%
40"
39%
40
11%
11%
12%
45
43 >'
-Ci
Voting
Cables
Nov
35%
Jan
1%
Feb
35%
Oct
Callite
Dec
4%
Dec
350
15%
Jan
19
10,300
26%
Jan
33%
Class
Sep
5%
Jan
9%
Dec
42%
175
34%
Jan
42%
Dec
47%
47 Va
Jan
47%
Dec '
16 %
17
100
14%
Apr
19%
Jun i,'
500
25%
Feb
34
Jun
41%
25
31%
31%
32
17%
17
17%
3.400
16% July
19
26%
1.200
25%
Apr
27
57%
25%
56%
58
250
35%
Jan
102
102
58
20
88%
Feb
Sep
T/o
Seal-Kap
1st
common
$6
American
Post
Anchor
4%
Equipment Corp
.Worke common
Oil & Refining. Co'J
Associated Electric Industries—
itf
Jun
900
4%
Jan
7% July
2.000
2%
Mar
4%
800
6.000
2%
':1
4.400
3
4
3%
3
May
10%
21
22%
400
7%
Apr
5%
Jan
Jan
%
Jan
v^orp
31
1.600
$6
i
13
1% July
5
12%
Feb i
Cockshutt
58%
Jan
..
Club
Dec \"j
3Va
Oct
Colonial
Nov
Colorado Fuel &
4.800
Apr
Oct
13%
11.800
3%
6%
500
11 Vs
600
v
Feb
4%
Dec V
13%
6%
Jan
•:
shares
American
Oct
•
Feb
25% July
,
9 %
Jan
15% Aug
■
12
Steel
Barium
(L)
Baumann
1st preferred—
Brummel Ties
Aircraft
Bcllanca
common
Hedges common—
&
Benson
Convertible
6%
100
3%
3%
Bickfords Inc common
Birdsboro Steel Fdy &
Blauner's
7,300
Community
Jan
5%
Apr
82 Va
I
10
Aug
65
19% July
200
28 V2 July
.
14%
Co
Oil Co...
British American
American Tobacco—•>
British
Z-d..
depvuebtsfdrd' bearefi—
dep. i^^prcL Teg—rr.
British Celahe'se-tta-^
'
V
;
•'
'i '
Buckeye Pipe Line
Buffalo
Niagara
&
(
j
For
footnotes
see
page
Dec
24.600
1%
'3%
Dec
1.600
43%
Jan
52
10%
Jan
17% July
Crowley Milner & Co
Crown Cent Petrol
(Md)
7%
Feb
11% Mar
Crown
15 Va
1.400
9%
5,000
80
Jan
Jan
10%
80
113
-%a%:
14
:/
13%
4%
2,000
19%
3.400
14
7.200
3%
4%'
•.
Jan
1
■*
17%
9%
:
21.500
4%;
Nov
13%
•v*
■
k
—
V
20 •-
j.
'••fcdVi
'■
rf-400
.
—
22%
'
18
21%
7
18
Jun,
9
Jan
2.700
9%
Jan
550
1%
38%
1
Mar
22%
Jan
Jan
1% July
Jan
9%
Nov
30-
Jun
40%
Dec
11
75
28%
28%
'
Jan
700
—...
>%
8
.8%
4,600
5
5.000
8%
4%
.
4
Jan
12
■133%
79%
77%
Sl2
79%
3/64
-July
Nov
6%
Apr
9% Aug
2% Apr
32% Aug
5.850
36%
Oct
%
3%
9,000
,
A
,35'/2
v
Dec
29
,
2% May
"4%
>;."i 5
32
47 Va Mar
6%
Feb;
Dec
5
I
1.030
10,000
56 Va
Jan
79%
1/64 July
Dec
i'o July
Nov
27%
27Va
200
20%
%
Apr
1 % Aug
11%
12 Vb
12%
1.050
9%
Jan
12% Aug
1% Mar
Feb
27%
Va Mar
33'/a
7%
".
66%
7%
Jan
4
Jan
1.900
63%
Feb
130
113%
Feb
104
Jun
300
7%
68 Va
.66%
117
117'A
■
117%
110
110
v
■
..
10
5%
44
4%
3.000
x44%
650
5%
5%-
38
Aug
;
9%
19%
5
5%
13%
800
9'A
4.600
3%
9
Jan
8%
7%
%
8%
19Vb
6
Dec
Dec
17% July
Feb
Jan
2,300
Dec
July
111
Apr
5%
%,
4,400
i7<r
-
Dec
14%
Apr
12
200
16%
16
— —
100
30
109% 111
109%
Oct
Apr
2%
Jan
7,900
9%
115
Jan
5%
14%
18%
19%
14%
Jan
J
.
.
.
50% July
Jan
1.100
Sep
Sep
111% Aug
6% Aug
Jan
1 Va
9%
Nov
70
118%
Jan
6%
114%
9%
9%
Jan
32
——
8%
Oct
U Feb
'
xl.
—su
.
,
2
3
2%
35
33%
*.•.
12
Jan
1%
;
83%
Sep
3.400
.
2
23
2% July
Aug
3% July
36% July
Jan
35
Apr
88
Feb
300
3
14
Jan
290
86
..
'
4,400
2%
A
83%
86
3%
33
3%
33
Curtis
Curtis
•
20%
.
Jas8^>Jan:j)'"T
«'.•
?
Dec J
Oct
6.600
15% Sep
5.000
100
1%
21
Jan
Jan
Jan
,
9%
10%
1,300
112%
10%
14. ^
6%
24
-
' Nov5
26
92%
Dennison
3%
Nov
10% July
Aor
21%
250
97%
Feb
112%
Dec
4, AOU
y%
May
12
Jan
1 Va
600
1% July
8 Vb
Dec
Jan
17%
Nov
Jan
3 Va
Aug
16%
550
3%
1.100
lOVa
2
Jun
24
2%
20
25%
-18%
18%
%
300
46%
24%
"
26
Apr
Nov
4%
Oct
10
Feb
52
Oct
13,200
19 V8
Apr
26
Jun
•W
••3% Jan
200
2Vb
'*11%'
500
10%'.11%
19% Nov
■
Apr
3%
Oct
13%
Dec
31
Dec
23%
Dec
'
8% May
24
III
.„a
15%
6
14%
5%,
36
1,200
;
;
v
6
Jl.,500
,
*
9%
8%
common—
—
M'
130
9%
15%
15%
21
)j'-'j. 3%
1%
1%
—1
.6
-10
27%
27%
-10
26
26
•6%
"I
f
as*
%
100
10
86
Dec
135 '.
May
t.
ord reg
21
,
Corporation
Dobeckmun
Co
common
July
1% July'
20%
Jan
29
Oct
Jari
26%
Dec
6Va
8% July
Sep
18
18
100
15%
16
2,300
18%
13% Mar
15%
9% Aug
13
—£1
10.% July
16'
Jun
VL,6%. July-
16.
Co Ltd—
dep rets
Dec
22
18
Shoe common,
Corp—
Dec
6
Jan
Jan'l:'
'2,
Oct
15Va
Jan
19
2,000
-10
36%
Jann;
Jahfc>
100
l'OO
-
,
Jan;,
Jan
il4'13
2.800
,
21
1%
10k
Jan
6% Mar
65
130
III
—1
Foundry
r
15% Jan
33%
.•!.
1.400
15%
-20
Mich Stove Co common—
.Steel Products—
„
17
Mar
Oct
Dec
July
.—1
12%
12%
13
1,400
5%
Jan
14%
Nov
-.1
20
20
29%
200
10%
Jan
21 Va
Dec
4%
2.000
4%
Nov
6% July
25% Sep
Industries class A com— —1
Dominion Bridge Co Ltd.,—_—
—28
Dominion Srpel h Coal B
Domestic
36
.100
preferred
21%, 23%
-50
preferred
Diana Stores
Am
23%
.35
.—1
Vilbiss Co
Divco
Dec
12'A
Jan
2%
18%
Feb
Dec
Jan
3%
45 Va
25
1%
3%
3
2%
Nov
28 Va Mar
1,600
3 %
15
1%
9 %
Apr
22% July
% Jan
30,800
12
2.50
Mfg class A common
Gray Iron
JfVanioTid
Dec
10
Detroit
7 7o
Dec
33
Jan
Apr
—10
preferred——
Detroit
De
Oct
9
1
\r
debenture
Detroit
May
112% 112%
10%
lU"'4
1%
•
common
Davenport Hosiery Mills.;—
Dayton Rubber Mfg
Class A convertible—:
1
6%
Nov,
Nov
14%
A
Inc common
Mfg Co (Mo)—;—
Distillers
19%
5
*
25c
——25
6%
Derby Oil & Refining Corp com—
Detroit Gasket & Mfg———
Oct
Jun
10
21 %
11%
8Vs
Lighting
$6 prior
Dec'.
2%
5.500
11%
Dejay Stores
20%
5%
13,500
1 Va
7%
D
;
,
Jun
19
May
27 Vb
1
Jun
Feb
200
25%
Sugar__
Tobacco
9 Vb
1
5
common—-———ik—*
Atlantic
Cuban
8 7o
77%
3%
VV
lSW^Aug'-
-
9'/a
4% Nov '•
13%
6 %.»• mmSO0^3% .Feb.. ^..
147/g Feb '•
2.3%
| V
Dec
23
•
Feb*sv
1% May
24
Jun
16
Nov
12%"Jan.
Seiko is.it 7 37% July
17
6 %!•!,
•
,
200
„
*
Drug Co common
convertible preferred
Cuban
NOV
14
Jan
,.
Cork International
Dec
5%
Jan
j'
20
\
...
1%
25%
Co
Crystal Oil Refining
$6
preferred
21%
to.'"
,
•24'*
Jank
Brewing
Nov
1%
8 k. Sep-.
11.500
10%
—
,
8%
19%
8
1
Petroleum
Crown
Dec
50
Sep
Croft
Oct
33%
.7.
dep
American
Creole
Oct' :
113
1% May k
21%
9%?;
10%
—2.50
111% July
Feb
receipts (ord reg)„£1
10%
2,800
25
2677.
preferred
convertible
5%
Power—
Burma Corp Am dep rets
Jan
6'
*
3%
19%
*
—,
East
85 Vb
1.500
..1
50
common
16%
—*
preferred
$5
1st
preferred
Bunker Hill & Sullivan.
Petroleum
50%
43
45%
—5
$1.60
& Reynolds
preferred A
$6
Cosden
Jan
9
>a.4l4
1
—
Ltd
10
9
50
*
1
Apr
*
Co common
Mills
*
Co
Feb
2%
49%**
,19%
1
Brown Rubber Co common
Silk
Dec
Jan
;;
12 % May
110
8%
4%*
10
—*
10c
1
Inc a
11%
'•
prior preferred
IF. L)
12%
Jan
F°^ce & Wire common.
—1
preferred— ———.——-_*•
Bruck
Feb
%
:
118% July
Jan
10
1
Corr *,on
Aug
6 %
Class A
Bruce
Nov
3
15% Aug
400
10s
•
Brown Forman Distillers
$5
45
Jan
%
47%
...
Brown
Apr
% May
Range
Copper
5.000
£1
Amer dep rets ord reg
British Columbia Power class A...
Class. B
17% Mar
Jan
28%
'
—*
12
24
—£1
Nov
8%
'
100
Cornucopia Gold Mines
%
Am
Nov
Coro
600
Am
12%
92 V*
'38
38
100
Dec
15%
15%
104
.
Nov
300
"
•-
:
Varnish Co.
Nov
12%
:
Nov
6.250
25
—1
preferred
prior
Nov
111%
——*
*'■
«--•
common—
Class
5%
7%
Cook Paint &
37
—
v
Dec
1 Vb
76.800
;
Co__
144
6%
11%
91
4
warrants—
Steel
Textile
Apr
5.300
15
—1
Jan
Nov
Courtaulds Ltd—
9
—•
*
Jan
17%
38% Aug
Jan
%
Nov
11%
•
—
Retail Stores
6%
common..————„—1
6 Va
*
Feb
300
12%
33%
Dec
120
16%
8%
100
Jan
8.400
11%
15%
3%
50%
.*
Aeronautical.——;
Mfg
Apr
9% July
,
Southern
&
2%
9.000
14%
12%
900
14%
;n%
19
—25
Electric—
35
.—.—100
preferred.—l...i.._.——*;:
Bridgeport Gas Light Co
Bridgeport Oil Co.—
Brillo
Jan
14 >A Mar
21
•
common
Gas &
Consol
Sep
100
2
16Vs Nov
Jan
300
110
:—~1
Arms
preferred
Consolidated
Nov.,
800
1%
11
Jan
115% 118%
11%
;—
Iron warrants
127%
2
Mar
97
88 %
16%
100
*
—_•
Corp—
i
Continental Fdy & Machine Co
Continental Gas & Electric Co—-
Oct
6%
9%
*
Brewster
6%
17%
•
18%
30
1st preferred
Corp
Jun
2%
5%
Apr
7Vb
84
118%
Illuminating——u*
preferred
Consolidated Royalty Oil
Oct'
4
4%
7%
575
11%
IS
1
Coke Secur common...,.'
Consolidated
July;
100
*
Brazilian Traction Lgt & Pwr.
Breeze
Feb
*
Bowman-Biltmore
4
Jan
2,300
28
18 Aug
5% July
4,300
36%
'
-
13
——1
*
4%% series B preferred
100
A% preferred series C
100
Consolidated Gas Utilities,
1
Consolidated Mining & Smelt Ltd
0
Dec
5%
5'/a
common
Inc
2d.
11%
16%
9%
34
•11%
4
common
Nov
Jan
Sep
150
113% 114
Biscuit Co
Consol G E L P Bait common
Dec'
5%
27.
1
Blue Ridge Corp common
1
$3 optional convertible preferred—•
Blumenthal (S) & Co
*
Bohack (H C) Co common
•
7% 1st preferred
100
Borne Scrymser Co
25
Bourjois
11%
13
18
100
C*3
13%
-1
Co
119%
Apr
%
3%
8.000
10%
10%
—10
8 7o
9%
18%
1
Mach Co com..*
common
(E W)
Jan
Jan
100
11%
Jun
Jan
112
:——1
—
Public Service—
Water Service
Community
July
10%
Dec
13
8%
5,900
4%
4%'
k
Mfg—:
Fire
Commonwealth
Dec
41 %
5%
•
1
preferred...
Berkey & Gay Furniture—
$5
11%
Jan
6
100
*
Bell Tel of Canada
7%
Jun
39%
"p-
10
..—20
1
Mills Inc common
$1.50 convertible preferred
.
%
200
16%
B
1
*
100
1
common
Beaunit
Bliss
41.400
3%
i
Seelig Mfg—
$1.20 convertible A common
Basic Refractories Inc
7%
11%
40%
10%
121
106
800
13
Oct
Jun
96 Vb May
Dec
10%
11%
Corp
20% Feb
6.400
&
Barlow
Beau
30%
30%
40 Va
—
Jan
180
12%
Consolidated
30
1
preferred—
Baldwin Rubber Co common
Banco de los Andes—
9%
"".V.- ~~%
—
preference
5
May
$3
11%
7%
7% May
119%
10
*_—
Gas &
Columbia
July
8
21%
200
14
29%
Dec
800
104% 106
105%
_*
i—_*~
;
•
Airlines
Patent
Colt's
; 100
24
:
Co
Plow
17 Va
Conn
30
Jun
8
7%
10
5
25
Corp—
11%
"
•
May
Nov
9 %
100
-
Development ordinary
Colon
B
Co
Baldwin Locomotive—
Purchase warrants for common
Dec
16%
22
3% May
——5
Compo Shoe Machinery—
V t c extended to 1946
Babcock & Wilcox
Jan
9.900
4%
Utensil
Aluminum
Jan
13%
14
1
115 Aug
9 Vn
20
—
9'A
——1
Co
Coal
Clinchfield
Nov
May
23%
—25
:...
8%
common
Electric
Cleveland
3% July
1 %
12 VB-
Jun
Jan
Aug
10
300
14
14
:
•;
■:""%
& Lambert
5%
1
—*
pfd
Lights Inc
Neon
Clayton
9%
16%
17c
Homes
Controller
Clark
5%
15%
.
'
America^
& Suburban
City
Dec 1
10%
16
118
Nov
7%
100
9 Va
9%
100
100
—1
common
1,400
v /
11
Oct
Dec
Dec
108%
50c
Co
11.500
2%
2%.
10%
10%
0%
Utilities
City Auto Stamping
94%
Jan
7% Nov
11.200
58%
53
29
11
May
112%
40
Nov
48%
Jan
7%
41
Jan
2% July
16 %
Feb
x23
5
500
9VB
1,
pfd
pfd
Products
Light
preferred
preferred B
preferred BB
60c
Claude
1%
57%
—-1
Ayrshire Collieries Corp..
$6
'79% Nov
2% Mar
2%
Machine
Dec
7%
1
8%
230
7%
Cities Service common
Dec :
12%
1.100
75
5
Avery (B F) & Sons common
6% preferred
v'
Oct
22%
7%
I',:
100
46'A
85
'*;V,y.
—
200
11
9'/b
100
Nov.-
115
7% Mar
12%' 12%
7%
28%
36
4% Mar.',
6%
I
1 v
Jan
1%
113% 113%
■
•—
com
§Childs Co preferred
4% July
10%
Jan
6.000
7%
Jan
..12%
11
Chicago Flexible Shaft Co common—*
Chicago Rivet & Mach
.'
4
Chief. Consolidated Mining
1
Sep
8% Aug
Jan
2,800
22%
9%
97 Va
10%
<•
1%
275
46
.
144
Jan
.5.900
28%
.
l.
Cherry-Burrell common
Chesebrough Mfg
3% Nov
May
15.700
'3%
3%.
'
144
I
16'A
1%
a
Elec
1%
West
Chamberlin Co of
113% July •
Apr
&
South
Aircraft
ox»arj&
Dec
23%
Jan
13
Jun
7%
7%
Dec
1
1
Power
Steel
Ohio
Cessna
Dec
18%
Dec
106%
recta reg-i—:
Automatic. Voting
4% Nov
Jan
50
'
5
1
warrants
Forge common
Atlas Plywood Corp
—
Automatic Products
20%
2% Mar
600
10%
2.50
Drop
123
'
4
Ik
3%
3
3%
Power
Central
4,700
3
7%
-
Central
4%
112% 112%
112%"
Central
Sep
Jan
&
Power
Dec
;; May
>
5%
.10
Gas
¥ork
% July
14
21% X22
Atlas Corp
Atlas
New
105
4%
4% Mar
1
1
1
com
Co
Maine
central
"
•
'
.—£1
Associated Laundries of America
•
Associated Tel & Tel class A
•
Atlanta Birm & Coast RR Co pfd—100
Atlantic Coast Fisheries
1
Atlantic Coast Line Co.
50
American dep
Central
Jun
5%
>:
3
nonvoting—.—,—*•
preferred
—;
10
Arkansas Power & Light $7 preferred.*
Ashland
Apr
5Va
18%
class A
Art Metal
15%
Jan
275
4
6%
Aro
Jan
3%
6.100
5%
Anglo-Iranian Oil Co Ltd—
Am dep rets ord reg__
...... £1
Angostura-Wupperman
... 1
Apex-Elec Mfg Co common
—•
Appalachian Elec Pwr 4%% pfd—100
Argus Inc
1
Arkansas Natural Gas common
•
Common
10%
600
16,600
,
100
*
1
Hudson
3.400
lV
4'%
5%
1%
preferred—*
America
Central
July
123
18%
Dec
5%
Oct
48
19%
%
18%
5%
•
&
32
4%
118
123
Feb
•
of
Jan
13%
i7e
V:
4Ve
•
Corp
Apr
375
4%
100
16
A
Products
(A M)
Jun
24
Jan
21
_1
Co
Catalin
Sep
5%
•
Casco
Jun
7%
100% July
5%
-
common
W)
20 Va
Jun
Sep
5%
preferred
(J
Sep
5%
00
100
Carter
1% Nov
Sep
9% July
Ltd—
class
40
300
41%
—2
Fence
..'22%
31%
13
13%
$6 series
American
IS
31
Corp com
preferred
*
preferred
*
Thread 5% preferred..:
5
Writing Paper common—_•
Superpower
11.100
40%
—10
2
10c
Republics
American
1%
1%
1%
•
Chemical
&
Potash
American
American
Amer
1
*
Co
%
7% Mar
Jan
25
Carolina Power & Light $7
102% Aug
9%
Jan
4%
7%
-J—
Products
Co
Apr
5%
1.500
8%
5%
20%
11
Carnation
$6
7%
200
2.100
100% July
voting
Co
7%
July
Alcohol—
Industries
&
8
*7%
Class B
■
Dec
4
Foundry Ltd—
preference
non
7%'
6%"
3% May
100
voting
City
Carman
Dec
1%
Jan
100
3%
8
1
preferred
Capital
%
2.500
*
Canadian Marconi
Aug
7
A
Canadian
■
100
1,500
41
—100
Maracaibo
1% July
4
Apr
200
."
5
1
Ltd
Industrial
Class B
Oct >,
9'/4
16%
100
Meter Co
American
Jan
5% Jan
I? Jan
500-
'vr
:
1%
1%
■
3%:'
10
—
Corp
Co
Participating
Canadian
July
114
Jan
;
;
Power
Insurance..
Car <fc
Canadian
Jan
1%
•it
107
5 Va
-
1%;
1 %,.
1%
£1
1
preferred
Castle
American
Fire
Cement
6Va%
Dec>
40
Estate
Electric
Tungsten
Camden
k Dec j
Dec i
45
■
50o
pfd
dep rets 5%
Sugar
California
112%
8%
42%
25
common—
4% July
3
4,200
Wireless—
Calamba
2% Mar
13% Aug
5"%
10,000
30%
29%
112
1%
+—1
preferred
3%
4%
50c
certificates
trust
&
American
42% Aug
50
40
••37%
30%
1
;
preferred
Preferred
109%
Jan
Jan
'
Rubber Co
25
American Laundry Mach
20
American Light & Trac common.—25
Co
Jan
1% Jan
28%
common
Cable Electric Products common
Dec
12.100
4%
3%
4V4
40
American Hard
Mfg
89%
Jun
18%
American
Jan
95%
'"■1.000
17%
6 %
73%
300
45
17%
preferred
Nov
38
49%
Hoe common
•
American Gas & Electric.
10
4% %
preferred
100
American General Corp common—10c
convertible
15
8.400
48%
&
$2.50 convertible
May
1.000
$2
$2
Aug
'I
H)
(P
Canada
3*2
Fork
20
190
Ve
American
Feb
9
1.200
2%
Foreign Power warrants-
&
Aug
150
109
Cities
American
115
3,400
2%;-
23
Class
A
25
Class B
1
American Cyanamid Co common..—10
Range since January 1
Low
High
High
3
Dec
Feb
200
89%
:
109
1
—1001
Low
Par
12Vao
25c
Shares
Dec
109%
18%
113 »/2 114
113%
*
Sales
for Week
Range
of Prices
Jun
8 Va
36%
,
American
Butler
200
28%
,
Last
r-
Biscuit Corp
Burrv
35%
;—100
Book
American
American
Dec
28-%
14%
common
preferred
6%
35%
28 Va
:
American Beverage common.;
Jan
50
*
i
■■
Higf
Tow
8%
<
35%
—100
Goods Mfg
;
Industries common
Aluminum
Rangesince January 1
-
Week's
Friday
Exchange
Sale Pric©
28%
•
10
25
——■-*
*
preferred
t> la
;
pfd
(Mich.)
Products
Allied
Shares
-
Hiah
Low
d'ks
Curb
York
New
for Week
of Prieea
gale Price
Par
,
STO
Sales
Week's
Last
STOCKS—
ENDING DECEMBER 15
FOR WEEK
RANGE
2673
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4343
160
Volume
4%
4%
22% May
7Vb
~7% ~7%
200
6%
Feb
:
8% July
Monday, December .18, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
2674
-M.
NEW YORK CURB EXCHANGE
RANGE
Friday
Range
Curb Exchange
Low
*
*
Chemical Ltd
Co Ltd
Dominion Tar &
Textile
Dominion
275
39%
200
7%
8%
700
3%
Jan
3'/a
900
2%
Jan
Duro Test Corp
31/2
common-.--—.———1
1
39%
Dec
Hussmann
83
Dec
11%
12'/a
200
9'/a
Jan
12%
2 Vb
2%
2.900
1 %
Feb
2%
81% x84%
775
56%
Jan
50%
47
50 %
1.800
Illinois Power Co
4
Wio
preferred—
prior
preferred
Malleable Iron
6%
Eastern
—
'39%
75
33%
Jan
53%
52%
100
33%
Jan
52%
1.475
35%
Oct
48% Feb
$3
18%
97/B
85.700
7J/4
Jan
11%
83%
Jan
97%
993/a
Dec
99%
1.500
88%
72
67%
73
3.750
46%
%
%
100
1*6
11%
11
11%
500
8%
35
34%
35
600
14%
14%
15%
1.300
50
50 Va
125
Apr
Dec
73
1% Mar
30
Jan
38
113/4
Sep
163/4
46%
Sep
10%
IV2
1%
1
"7%
Jan
Mar
7%
50
2,7u0
56
53
Jan
73/4
343/4
60%
Dec
1
x3%
Mfg Co
Fedders
1%
Jun
16%
17
1.400
12%
Feb
42%
45
4,700
14%
Feb
10%
Association (Phila)
Ford Motor Co Ltd—
Am dep
rets ord reg
Fire
67%
B
170'
22%
22%
22%
of France—
rets bearer
Fox (Peter) Brewing new
1.25
Franklin Co Distilling
1
Froedtert Grain & Malt common1
Fuller (Geo A) Co
*
1
S3 conv stock
-convertible preferred—100
22%
;:
■
Co
Power
2
Jan
Aug
3%
3%
300
3
Feb
Kansas Gas &
Kennedy's
82
58
Jan
84%
NOV
7%
Rayon
Jan
2.200
3%
Feb
900
14%
Jan
140
79%
Jan
102
Jan
90
52
1%
.260
75%
Jan
93
13%
52%
75
:v:
13
Jan
Mar
111
Jan
115%
15%
Mar
52
Grand Rapids
Mfg
Co—
Atlantic & Pacific
Non-voting
preferred
Great Northern Paper™—
Greenfield Tap & Die——
16
Feb
,
13%
Ap#
17%
Apr
55
Alabastine—
10
9
18,100
Jan
%
-
5%
Jan
7%
7
200
Jun
500
30%
Feb
500
4%
Jan
7%
110
Jan
37%
:
13 Va
12%
3.400
Co
136
Haramermill
275
25
Electric
Hartford
Hartford
Light.——
8
40
Line
8%
Lit
93% Mar
10%
3,900
6%
Feb
73/4
13%
700
3% Mar
11%
8%
8
50
107%
Nov
25
6
Jun
10
N5%
Jan
10%
•4%
109% 109%
Hat Corp
of America B non-vofc com—1
Hazeltine
Corp.—*
Dent
Hearn
6%
preferred-
Sep
; 1%
109%
6%
Dec
7
Jan
5
Oct
Jan*
29
Nov
6.600
56
Nov
1%
Feb
4%
K
Apr
7%
300
5%
Apr
7%' Dec?
300
26%
Apr
34% Dec:
6%
1.200
3%
Jan
7% July
9
8%
9
3.500
41%
Jan
6%
Jan
48
July
9% July
18 Vw
19
100
10
Jan
19
14
14
100
11%
Jan
14%
9%
Jan
Xl04
105
60
103 7/8
Mayi
Novi
.
Hellpr
Co
5%%
2
common
preferred
w
100
w
105
.
Henry Holt it Co
participating A
Common
Hewitt
(R)
&
Hormel
10
A
common—
M„
8
•
,—
Co
Inc—
& Co common
(Geo A)
C)
.1
12
"5%
"5%
300
IK
900
14%
Co
Horn
(A
Horn
& Hardart
Horn
&
common
*
Hardart
5%., preferred
100
.
see
page
2677.
Mar
Aug
Jan
12
105
May:
Dec
27%
Apr
Jan
13%
Dec
Jan
5%
Oct
873A
Feb
Feb
109'% Nov
111
80
92
110
140
100
5
Dec
105% Nov
:
Jan
18
Jan
120
73/4
July
Nov
20%
Apr
Feb
124
14%
300
9%
Mar
14%
Dec
30%
2,000
9%
Jan
30%
Dec
7%
25
7%
Dec
7 3%
-
•
Jun
5%
110
20
55
55
55
43%
43
43%
3 %
x5
5 Va
61% July
38
Oct
55
2%
Feb
4
4
Sep
5% Mar
700
3%
li
15
15%
400
16%
17%
15%
?
-
July
16% July
Feb
12
Feb
:
1% July
% May
2,700
%
--
Jun
113
Oct
2,000
5%
Oct
48%
110
16%
Mar
Dec
Feb
18%
Oct
16
Jan
35
Oct
84%
Feb
96% Aug
7%
Jan
9% Mar
8%
200
200
9%
65
65
370
37
65
150
57
1-15%
15%
4%
7,200
63/4
6%
12 T
5,600
3%
15%
67%
Nov
Dec
65
65
Dec
Jan
63%
64%.
200
r
18% July
Jan
"
V
—
13%
27
~63A
~7%
58%
Dec
Jan
8
Dec
Feb
110
Feb
2%
Jan
Jan
14% July
Jan
9%
200
13%
27
4%
2%
105 %
—'
5
100
preferred™
Oil Development
27
-
75
25
Dec
Oct
20
1%
10,100
i7,r Jan
1%
100
26'% Aug
31%
Oct
15
15 3A
1,500
10
Dec
14
14%
1,700
10%
Apr
Feb
15%
14%
14%
Dec
22%
Feb
28
Nov
1%
"3%
900
•
•
Dec
Dec
3%
1%
Jan
18%
Jan
23 %
Oct
1-21%
Nov
l'21%
Nov
Feb
18%
Nov
Jan
11
Nov
*
100
-.——100
15
10%
Exploration.
10%
%
1
72%
75
75
■
i
li
10,400
-
pfd
—•
450
51
Jan
Oct
79
Jan
49
•
1%
Feb
Jan
72%
•
68%
67%
68%
1,475
•*. 8%
'"8%
10,800
6%
Feb
-20
109%
Jan
114
26% Mar
"'34
113
113
-T
••
"32%
2%:
common
■
8%
.
1
;
8
5.000
11
U
•
optional warrants——
Mengel Stores-:
_1
$5 convertible preferred——
Mapes Consolidated Mfg Co.
Corp
6%. Apr
30%
5
Chain-.
&
Feb
Dec
8
>
*
—
Land
Mar
•
A
B
3
58%
■
•
Class
Aug
1,600
15
10
common
Groceterias
21
l3/a
r-
8
*
25
30 JA
1%
—25
—1
-
Inc
(R GJ
z
.-.1
*
-
34 " i
Dec
17%
Dec
19%
19%
1.200
18
May
39
39
40%
2,400
24
Feb
42%
Dec
9%
1.500
Nov.
17%
9%
9%
15%
14%
Marconi
8%
22% July.
Internat
Communication
113
M
.
<
; 350
••
Oct
Nov
9
Co
Massey Harris
McCord Corp
Mead
OCt
'
Deo
Merrltt
37%
37%
1.250
60
Stores
common
Chapman
A
&
-
—
—
—
preferred
Textile
Corp
Participating
200
1
7%
7%;
1,200
-
90
3%
Jan
450
41
Jan
10%
2,600
6
Jan
2% •■"2%
100
9%.
94
3%
3%
3%
5,600
Jun
13
Mar
Michigan
Steel
33
Jan
40
May
Michigan
Sugar C<i
Jan
9
Oct
July
119
Apr
Micromatic Hone Corp—
31
Dec
Middle States Petroleum class A
25%
Jan
Aug
113%
Apr
.
.3%
4
300
Class B
v
c
V
Jan
Sep
T% Mar
8%
Jun
9
•
1
..
f*
f
18% July l
•-14%\Dec
165
\
Oct I
j.4% July
.
Dec ;
94
..,10 3
a
2%
110
4%
Nov
!
Sep
Aug
Oct
Jan
4
44
Aug
Jan
116
.
May
Jan
Mar
3%
800
3%
Dec
93/4
750
4%
Apr
1%
-1%
1%
2,700
n
Mar
4Vb July10
Dec
1%
Oct
Oct
300
6
Jan
9%
13%
700
5%
Jan
15%
Oct.:
13%- -153/4
3,000
8
Jan
15%
Dec ;
8,100
1%
Jan
8%
t
2%
9%
Preferred
-
Jan
3 %
2.50
i—
Sep
9%
1
JL
Tube
Jan
.
36
4
15
Bumper
%
1 /\
NOV
10
110
preferred—:
Michigan
Jani*-
2,300
Metropolitan Edison $6 preferredx.
Dec
2%
99
*25o
Jun
?'
M Janl
6 % Feb « 1
4%
;
6
26
.
Jan
84%
1
-
17
110
Mar
s
Mar
4
—
—
Jun
8 %
13%
Oct
33%
4%' Jan
800
,1,000
*—100
Corp
.vr&.o
1
138 ^
4
10
Lu
500
/
Dec
Oct /
2,000
—
Scott-*
Messabi Iron Co—
Metal
.16
102 1
158 %X-160' 1
159%
Co
11%
3%
31
,7
■13 v,
•13%
•
6%%
"
7%
—
13% Mar
116
30%
v' 1
-
Warrants
\
31!
\i-
'*
■
.2--*
;
-7%
Sep
'
;'Jan
Oct
Memphis Natural Gas common.—-^—5
Mercantile
2%
Jan
5% Feb
81
;
7%
7%
12
17
1
-
common
&
30
•
:
Dredging..—
Johnson
200
■
Mass Utilities Association v t u—-2^-1
McWilliams
■1%
2,300
—_-£l
Ltd-
Steam Shovel.
Marion
2%
14%
102 "
2%.'"
'-14%
.100
Marine
Margay Oil Corp
Oct
6%
17
*
Baking Co
-For footnotes
•
J
Nov
17
•
Consolidated G
Hollinger
Holophane
Horder's
CO class
.
——
2.50
Heyden Chemical common.
Hoe
—•
1
5
Rubber common
2%
5
2%
107% 108
—B
2% July
Jan
32%
•
Aug
1% May
14%
-
-
preferred class B.
Lynch
6%
--
11
28 V2
._1
Louisiana Power it Light $6
Dec
July
30%
—
20% July
375
5%
102% 104
•
6%
•
•-
Jan
1.700
9.600
13.900
5
—100
-
Realty common
Louisiana
32%
—-
Class A——
Jan
5
12%
Oct
% July
Jan
%
—
Long Island Lighting common
1% preferred class A__.
Nov
2%
1%
50
Rubinstein-
Helena
9%
47
—250
—
7%
108
Lone Star Gas Corp common—_——.10
*
—
1.000
1.500
(Thos J) Inc 6% preferred™25
..Class
Dec
-—8
,
Stores common—
Mining Co—
Hecia
,•
400
Xl9% Mar
.-.Z-
17%
M
9%
1%'
250
.—100
J).
IN
deposit
Co common
Brothers
Loblaw
136% Aug
37% Dec
Jan
7%
y
% Mar
%
1
Corp
Lipton
'
Jun
Oct
29%
8
1
1
Brewing
20%
7
900
*
Material Co
Lionel
Oct
Nov
Jun
550
25
,
voting trust ctfi_
Co
Rayon
Harvard
Jan
25
19%
19%
9%
1
1
Mines Ltd.-
Le Tourneau
82% May
83
130%
37%
*
10
Paper
Feb
1% July
30 V* Aug
4%
10
Co
of
Convertible
Leonard
Nov
Jan
X10
9%
Feb
5
Jun
u
7
.36%
—
Ltd
1
U
*
Inc—
RR
Locke Steel
90
136
88%
8
Lamp Co—
Bridge
Dec
200
11%
108
Manatl Sugar
Hamilton.
52%
"
-
5
H
Fall
Aug
19
8%
1
__
*
Brewing
Lefcourt
■
109%
Dec;
52
'
15% Aug
127/a
Products common—25o
Gulf State Utilities $4.40 pfd—100
25%
3,800
—1
•
10%
Aug
48
16%
—
Aug
18
400
—
19%
9%
3
Jan
4.000
2.550
1
—
—1
Oct
Feb
•
•
1%
2%
51%
__
7% May
.
25%
2%
25
Langendorf United Bakeries class A—*
Sep
37%
7%
36%
6.200
1
Lane Wells
Mar
325
36
j:;.....
10%
11% Mar
1,900
Stores
Gypsum Lime it
Jan
7.000
17
'
•
100
28
Jan
8%
19% July
11% Nov
2%
Lakey Foundry & Machine
Corp of Delaware.
Lane Bryant 7% preferred-
Tea—
stock-
common
19%
Apr
100
.100
100
1
1
Lamson
Oct
14%
.37%
1
8
Varnish
Apr
16%
5
Stores
Lake Shore
Nov
9%
X40 %
10
—
Jun
16%
100
preferred—100
Elec 7%
Certificates
Nov
May
200
—,
common
10%
8.900
5%
common
Lackawanna
Dec
110
49%
"16%
—
preferred—
2.600
•
Kreuger
"
Nov
41%
125
104
.
7% Jan
9%
1
Nov
•ZZ~%
V2
4
20% July
2% Mar
Xl37/a
.
.
:
Dec
Jan
Feb
49%
14
Oct
Jan
2% July
10%
Consolidated Mines
Gorham Inc class A
Grocery
Jun
1,800
52
; '12%
Sugars class A—
1st
%
,•'«
100%
-16%
—
•
Kresge Dept Stores—
4% convertible 1st preferred
Oct
1.100
93
Xlll% 112%
Coal—.
22%
Dec
--
B
Jan
18%
18%
5%% pfd__100
Co common
(I B) Rubber Co.-
Kobacker
Oct
74
1 %
91
—
Dec
7%
Aug
9%
12%
Emil)
(D
Kieinert
21% July
10
Co——
Dec
19%
18%
*
Inc
Knott Corp
'
8% May
Jan
2%
1%
2
2 VB
•'
91%
Jan
1.600
v
"
■.
preferred.—
7%
Jan
115
common-:
Mfg
Nov
100
•
19%
63
Feb
14%
15%
19%
Jan
77%
500
17%
25
Kiikland Lake G M Co Ltd
July
7%
4,51%
(AC)
Alden
Great
16
87/a
A stock
Goldfield
.
Dec
210
110
-
/.:
Gladding McBean & Co
Gray
1% July
13
Preferred
$3
Jan
1,100
90
Jun
3% Aug
3% Aug
%
1
1
Engine Co
pfd—.
Kings Co Lighting 7% pfd B_
5% preferred D
Kingston
Products
Kiiby Petroleum
Nov
4 %
1.100
136
1%
27
325
1.200
10
preferred
Ken-Rad Tube & Lamp A
* Jan
79
Jan
1%
••
preferred
.—
Gen Water Gas & Electric common—
$3 preferred—.
Georgia Power $6 preferred
$5 preferred
Gorham
8
Feb
3%
convertible
$7
Feb
70%
87
Apr
K
110
136
Feb
91%
—
Dec
100% 102
Feb
70
1
*
300
2%
18%
4% July
Nov
1%
'
66%
Jan
54 ;
...1
Key Co common
Kimberly-Clark 6%
f".
Jan
46%
89
100
Nov
19%
42%
10
53
9%/'
preferred
18%
19%
Oct
70
100
2%"
18%
•
Julian & Kokenge Co.
21%
3%
100%
General
Class
Sep
62%
19%
27%
114% Aug
Mar
July
Feb
3%
General Shareholdings Corp com
Godchaux
57/a
30
Jan
■
Jun
18%
100
37
16% Aug
150
"7%
53
2%"
19%
preferred
10%
7% :
51%
53
■
—
6 c/o
20
-
50
,
19%'
Mills
Jersey Central Pwr & Lt
2.350
l'/n
v
6%
Feb
106
60
114%
__
com.—15
Co
60
8
Public Service $6 preferred-
Co
B
Corp
Glass Co
20
12%
preferred B—
pfd
.—10
Elec $6
(F L>
18 Va
'./~
7%
11% July
54
10
Equipment
Hosiery
19
1%
Outdoor Adv 6 %
Glen
Jun
G
-
Jun
—2%
shs—•
coupon
Razor
Power $7
60
£1
1
10
General
Gilchrist
23% July
23
■
9
__
50
Home
18
Fireproofing common
Gilbert
Jan
200
80
13% July
114
•
50
Klein
General
$6
19%
3%
1
•
preferred series A
Jas &
Gen
23%
V 50
—
13% July
Apr
■ '
v*
•
Products
Aircraft
Jacobs
Co Ltd—
dep rets ord reg—
General
Feb
100
General Finance Corp common
5%
193/4
3%
•
common
Alloys Co
Gen Electric
Amer
Oct
26%
20
Apr
11
.<
Dec
6%
3%
■
Mfg Co common
Gellman
General
67 3/4
Apr
26%
■'
Jan
10%
Oct,
253/4 Mar
t
preferred
5 %
25-
5%
3,800
13%
Dec
Sep
4%
33/4
i
Gatineau
Nov
Apr
26%
dep
•.
400
Dec
'
114
7%
voting
Motor
Amer
Nov
17
473/!
,113/4
15
:
.
—" 18
Utilities
Jacobs
22%
A
shares
Safety
Jeannette
Ford Motor
Ford
Oct
4%
3.050
Jun
22%
•
•
Investors
Royalty
1
Iron Fireman Mfg voting trust ctfs—•
Irving Air Chute
1
Italian Superpower A
•
Nov
56%
6.200
574
5%
,5%
of Canada—
A non-voting
Class
67%
253/4 Mar
Co—25
1—10
si
Class
5 % May
1.000
10%
66%
—
& Warehouse
Federal Compress
3,600
7,600
17
Metallurgical
Fansteel
13 %
x4
Xl2%
37/a
44
Brewing—
Falstaff
12%
1
1
Inst Co
Airplane
15
9%
900
50
Industries
International
Interstate
Fairchild Camera &
Fftirchild Engine &
Nov
11 %
•
$3.50 preferred
13%
17%
10%
.
series
International
Interstate
Jan
53%
Jan
n
>'
-
Interstate
7%
Jan
9%
400
;_1
Machine.
Petroleum
International
Apr
Feb
4%
Jan
43%
12%
100
Metal
Registered
Oct
Oct
18%
4%
200
10,200
12;
North America—-10
$3.50
International
Dec
44
27
300
7%
28 %
Jan
31%
17.600
17 %
11%
8
Warrants
1% July
400
16%
igi/4
53%
International Minerals and Chemicals—
12% July
1%
44
28%
55
Feb
8%
8.100
1%
43
44
100
10%
Oct
Hydro Electric—
International
Dec
Dec
18%
Jan
16%
11%
1
;
Cigar
9%
1.000
12%
-.100
preferred
Preferred
51% Aug
105
16%
12
&
common
■
of
Dec
3% July
i4y2
14
100
t c
International
Dec
Sep
100
preferred
v
International
July
42% Mar
60
103% 105
6%
4%
32%
,
531/2
,
—
preferred. 100
——
Insurance Co
Oct
11%
Jan
Sep
xll% July
3'A July
.
£i
.
preferred
7 %
-
Dec
Feb
Jan
.
•
—
Industrial Finance
Common
2 3/b
20%
-
,
8
.
coupon™.
—
Indiana Service
-7%
r
■15%
£1
Indianapolis P & L 5%%
Dec
Jan
Jan
31%
■
157/3
•:
6%
550
4%
Jan
1,100
43/a
4
•
(Can)
Ireland
Sep
300
600
Industries—
regis
Imperial Tobacco of Canada
*
Imperial Tobacco of Great Britain
Dec
18%
97%
987/a
50
———i
Inc common
Eversharp
May
99
10o
Pipe Line common
14 %
9Vb
18%
Esquire
Eureka
5
1,400
rets
10%
„
•
Registered
% July
9
96 %
preferred
——-50
Empire District Electric 5% pfd——100
Empire Power participating stock-*—+
Emsco Derrick & Equipment
--5
common
convertible preferred
x8%
Jan
Chemical
dep
1.000
171%
-
Jun
7.400
7%
16%
i
Co
Imperial Oil
Dec
50
V-
conv
Equity Corp
41
7%
•
~9%
Am
Dec
900
Zinc
Imperial
Oct
1%
39%
8
30
common
Dec
Nov
1%
53%
$6
Co
50%
35
51
preferred series A
"
preferred series B
Sugar Associates—
'
' : •
$5 preferred v t c—-—:
1
Easy Washing Machine B
•
Economy Grocery Stores
Electric Bond & Share common
8
$5 preferred
$6 preferred■
Electric Power & Light 2d pfd A
•
Option- warrants
Electrographlc Corp.-—
-J
Klein National Watch Co
—15
$7
51/2%
:*
% Mar
V/2
Eastern
Elliott
Jan
Jan
<
Illinois
Dec
45%
41%
30%
50
ctfs
25
73/a
10 Va
•—.
•
common
arrear
Apr
Sep
39%
4%
High
17%
38%
7%
10%
;
preferred——
conv
Dividend
Dec
84%
52%
1%
States Corp
Eastern
32%
2t*
5%
?
£,010
•
100
41%
1
1
*
— .—5
;
preferred
Hydro Electric Securities
•aygrade Food Products
Oct
84
Ligonier
1st
Dec
2%
•
100
100
25
Fuel Assoc common
Gas &
East
Co
Huyler's common
8% Aug
4% July
12 Vb
Sulphur
Duval Texas
Feb
'
Corp
Fibre
Hummel-Ross
Feb
26%
74
8%
•
common
Aug
39%
-
Hosiery class B
Oct
80
80
Duke Power Co
Durham
63
Feb
79
10
Harris Co
Driver
Humble
Oct
67
Range since January 1
'"/■'*:
;
24%
24
5
•
5
-*
(Harvey) Inc
Oil & Refining
Hubbell
63
80
Corp
Draper
9% Nov
Jan
6%
Shares
Blah
Low
Par
High
Low
Blah
for Week
of Prices
Sale Price
Range since January 1
Shares
of Prices
Sale Price
Par
Sales
Range
Last.
Curb Exchange .'
York
New
Week's
Friday
STOCKS
Sales
for Week
Week's
Last
STOCKS
York
New
DECEMBER 15
WEEK ENDING
FOR
13
13
t C_1
15%
1
3%
2%
8%.
3%'l
3 % May '
Volume
THE COMMERCIAL &
Number 4343
160
2675
FINANCIAL CHRONICLE
NEW YORK CURB EXCHANGE
Sales
Last
Range
for Week
Exchange
Curb
Par
West
Middle
Corp
xll%
14
5
common
Xil'/s
14
$2 conv preferred—*
Midland
Oil Corp
Midland
14
9%
Jan
13%
Dec
Penn
50
8%
Oct
17%
Oct
Penn
Water
20
Jan
27%
Dec
Midvale
Co
common
23%
Apr
30
Oil
Midwest
Co
Piping & Supply.:
Mid-West Refineries—_
Minnesota
Pwr &
8%
~3;;
68%
Investors partic pfd
City Copper common
Moody
Mountain
Power
States
Mountain
Mountain States Tel &
Murray Ohio Mfg
Muskegon Piston
Co
Muskogee
common
Tel—s
common
2 %
»
Feb
3%
Mar
4
50
109 %
Jan
115%
Jan
13
12%
Dec
28%
2,100
8%
3%
5,000
2%
Feb
2%
200
1%
Feb
10
July
4% Aug
«.
2% Aug
Nov
xlO
100
7
July
180 Va 180%
90
165
May
183
20 Va
200
15%
3774
3774
25
28%
l5/a
17a
8,300
6%
6%
1,100
Dec
xlO
•/
XlO
Metallurgical
Pittsburgh
Plough
Inc
common
Scale
'''
—'
1%
5%
:
Dec
Powdrell
&
Alexander
Sep
Power Corp
of Canada
6 Va July
127
24%
Apr
Nov
136 % July
Oct
Premier
Prentice-Hall
Inc
America
19
13%
200
11%
Jan
14%
Sep
Producers
10%
10%
1,100
6%
Jan
11 Va
Dec
Prosperity Co class B_:
85
85
Jan
85
Dec
Providence
Gas
Bellas Hess
National
National Breweries
common
common
preferred
7%
National Candy Co..—.
City Lines
National
i
*ommon
National Fuel Gas
National Mfg & Stores common
Refining
National
common,.
Machinery
National Rubber
,
Union
Oil
Navarro
Radio
Co
preferred
Nebraska Power 7%
Corp.
(Herman)
Neptune Meter class A
Nestle Le Mur Co class A
6%
preferred
New
New Mexico & Arizona
New
N
N
N
N
Auction
common
Y
Water Service
Jan
1 %
Jun
6
2,500
3%
Jan
25% July
14»/«
-
6%
July
Jan
12
Apr
47%
Jan
64 %
Oct
18
Feb
104
Apr
113%
Jan
'15%
18% Mar
21%
21
600
*
"■
66 %
•
700
■;
66%
:v
32
34
15%
15%
116
105
Mar
44
x6
17
Jan
Jan
11%
Jan
Jan
3%
3,200
.-
100
*
1 /•:
--5 .
—,—1
91
900
81
90
••■:%•-
%
%
6%
6%
14
13 %
'
193%
18
.
Rice
J an
7 Vb
107 «/4
,
Jan
914
Jan
1%
4%
v
5,000
13%
2%
iRoot
Jan
20%
1
St
37
300
28
iy8
37
Jan
3
7
iSchulte
f
Aug
5%
Apr
Scovill
13 y4
Dec
Scranton
19,20V)
•89%
Dec
•:
Dec
|
1,03 %
110
Sep
277b
Jan
23
200
preferred...—
i©hio Public Service 7%> 1st pfd
Ohio
6%
Power 4%%-
100
Gas
111%
29%
Securities
18 %
400
Steel
Co
_*
common
1
$5.50
i
Allotment
115
Jan
1173/4
108
Jan
113
Jun
Sentry
Jan
30
Dec
Serrick Corp class B
18%
7% Mar
8
Feb
9% Sep
6%
300
Aug
Can
Gas & Elec 6%
Co
common
Pacific
$1.30
Public
1st
if '
25
Pacific Lighting $5 preferred
Pacific Power & Light 7% pfd
Service.
ioi%
•
100
■
.
.
Jan
13
13
Nov
i08%
5
■
30 ;
100
-
■
5
100
---19
Parker
Motors
Pen
Telephone
preferred A
■
Pennsylvania Edison
Co
Penn
$6
Penn
Gas
& Elec
Power &
class
Mfg
18%.
~
A
common.
see
page
Dec
5%
cum
48%-
6%
•
•
'
~2%
ZLlO
2677.
r
Nov
1 Vb
%
2% May
%
36%
July
11%
Dec
153/4
Feb
bu<!
10%
Jan
17 Va
Dec
100
2i%
Feb
3
63A
2,600
18 %
19
18%
18%
117b
117a
100
73/b
9%
44,800
73/4 7 8Va
37/a
5
L-'
:
3%
2,400
125
37b July
8
Jan
13%
Oct
Aug
19
Apr
17%
8 '/a
Sep
400
17%
3
•
109
Mar
19%
Nov
16 Va Aug
18 %
Dec
Jan
11%
Dec
Jan
9'/4
Dec
1,700
478 May
117a
Oct
2,100
1%
8
3 %
'
.
,:
3%
••
47b Aug
Jan
100
17
16%
11 % May
57B
6 3A
26,000
8%
9
-4,700
7%
6%
7%
17,700
33%
3%
37/a
4,000
;
223A
23
37b
72"'
36 Va
23%
600
3%
3%
10,300
73%
675
3674
69
363/b
800
114
114
114
10
91
86
92
1,450
117b
107#' 11 7b
33/4 July
2% Mar
775
27a
27a
16%
1,600
4 Vb
193/4
May
73/b
•
2V4
75
933/4 July
1272 Mar
Jan
27a
Dec
114% Nov
Dec
Feb
9%
Jun
367
Jan
64
Oct
Dec
3%
Jan
27 %
Dec
25
1 % Jan
xll23/4
Dec
37a
Feb
Jan
50 3/4
Dec
7 Va
Jan
17b
14
Oct
6 3/4
10% July
Sep
53/8
Nov
48Va
Apr
Jun
40
~1
117b
83%
2%
2
7,100
Jan
1
Jan
2% July
Jan
11% July
%
187b
6%
150
97/s
x9
7,100
16%
Feb
6,600
3/4
Apr
6%
Feb
113/8
67
Jan
83 Va
Dec
69
9
Jan
80 Va
Aug
19
1%
107b
113%
2,600
81%
83 Va
200
1
July
22
1% Mar
Co
7/«
U-
100
10
3%
3%
6,800
15%
16%
10,200
800
105
106
.100
114
114
19%
3/a
Dec
50
19%
.25
'
Jan
6%
450
$3
137b
14
32%
common
convertible
32 %
:Simplicity
100
5%
57B
3,200
285 3/4 2883/4
90
Feb
6%
Pattern
common
Manufacturing Co
88
Oct
regis
Sioux City Gas & Elec 7% pfd
Smith
(Howard) Paper Mills
1
.100
53%
287
Manufacturing Co Ltd—
Apr
9%
Dec
dep
rets ord
50
Solar
Aircraft
36% •Nov
Solar
16,200
25
22
May
Jan
50
Mar
Jan
4%
Jan
Nov
South Coast Corp
33%
Jan
South
6 Va
Southwest
Dec
Jan
78
Mar
49
Southern
Oct
43
Dec
%
Jan
3
Oct
160
£4%
Jan
111%
Dec
120
90
Jan
109 Va
Nov
36%
Dec
38 V4
Nov
Penn
5%
Pa
Dec
110%
Apr
11574
Feb
--
12
Feb
19 Va
Dec
-
Aug
21
Aug 1
1374
16%' Oct
Jun
26
2%
Apr:'
Pipe
California
Line
Colorado
preferred
Oct 1
..•.fv 33/4
Jan
7%
2%
Feb
374
Apr
1,700
4%
Jan
93/a
Nov
900
2%
Jan
4
48,800
13,703
2,400
'-'27b
Dec
Dec
42%
'42%
427b
400
40
Apr
4572 July
..10
29
29
100
28
Mar
31
July
29
10
37
Mar
44
Sep
Edison—
preferred.
preferred B_.
5%% preferred series C
7%
Oct
Dec
27B
3%
57a
112 Va
117b
7%
4
Jan-'
Jan
11%
4
!f«
Feb/.;
Mar.
23/4
9%
Nov
Dec *
NOV )
Dec
6%
8%
U
6%
295
177a
974
8%
33
Jan
Jan '■"!
229
..25
6%
-Southern
:J
2%
common!;
Oil
original
Dec
106
-108
7%
Co
Corp.
Soss Manufacturing common
40
Apr
Apr
Feb
—12 3/4
Sonotone
-
450
.100
Manufacturing Co
Jan
28% Aug
16%
12
91%
2%
..£1
11%
July
Jan
16%
9
37n
)
preferred
Singer
Amer
Aug
6
Apr
2 3/a
10% July
(Simmons-Boardman Publications—
Singer
'
1 % July
Jan
37a
1,400
...
Dec
Xll0% 111%
36%
1 %
Jan
21
Ltd
Dec
2V4
36%
Mar
4% July
■
Jan
6%
Canada
of
Nov
110
Xl08% 109
ill'
Oct
187a
113%
..25
6 %
'
300
2V4
Dec
Dec
7
Jan
II
105%
3%
pfd series AAA.."
Breweries
Silex
Dec
64%
•
For footnotes
29
6
•
com.
153/4
Jan
20
16%
23%
Feb
80
343/i
.
29
48%
'
1
•_
Light $7 preferred
Co
18 %
'
—
preferred
Salt
18%
1,100
$5 series pfd_*
$2.80 series preferred—
26 Va July
Jan
3%
1,500
108
18 %
~2
Mining
Denn
24
,..
—L—25
21% July
1,400
1,200
7a
%
•
10
Shawinig'in Water & Power
Sherwin-Williams common
32
common
4
1,400
..1
Jan
;'.'v 6% Mar "
__l
Pennroad Corp common
Penn
32,700
10
Parkersburg Rig & Reel
Patchogue Plymouth Mills
$1.40
[■ 9%
1
Corp
Co
Peninsular
1
'
8%
Pantepec Oil of Venezuela Am shs
Paramount
7a
3/4
-1
Jan
Jan
■
•
*23%-
——•
common..
Jan
certificates
Safety Control
Shattuck
•
Jun
38%
109% May
-Jl06% Mar
ft
—
Page-Hersey Tubes
V;
15 Va
35%
>" Jan: '.'
35
-;-y Jan'
*32% ;Jan
-.-3,400
■
% * 6%
23%
•
.
.
23/4
.
6
•
—
preferred
38%
37%
38
—25
200
13%
13%
•
.
1st pfd
1st-: preferred.—
Nov
6 3%
iSeton Leather common
Sick's
5% %
1%
Mar
48
Dec
70
.
Sherwin-Williams
Pacific
13,700
.
./.
5
prior stock
100
Aug
■/
Pacific
Oct
Dec
16%
.
25
Convertible stock.
243/4 July
Jan
Inc common
116
1,200
~9%
55
11%
^^1
Co
Feb
1
i
Oct
247a
Jan
55%
16
1
.*
•
&
Shoe
'Selby
Oct
6
tD
427a July
Jan
•
Inc
Bros
112
111%
30
Dec
17b Aug
July
127b
1
Corp General
40
117%
28
•
1
1
Omar Inc
«
111
15
common
Oliver United Filters B
Overseas
116
'
100
1st preferred
Oklahoma Natural
4 3/4
3% May
900
1133/2 114
113%
.
6%
*
preferred..
«Selected Industries
23 Va
Jan
16 Vb
153,4
900
Brook Water Service—
Scranton Spring
$6
pfd../
$6
Elec
i Securities
Oct
.preferred
Manufacturing
iScullin
-15% July
T%- Jun
-
,
4%
1%
Jan
1274
10
37b
87a
1
25
25
_♦
common
Convertible
17/b
Jan
o1
22 V8
900
5.800
108
1
common
(D A)
rSeeman
4%
'
16 Va
Nov
I
23,800
5274
na/4
5
•
Corp common
Hardware
iSeiberling Rubber common
4
•
.100
Dec
54%
'
7a
.1
Co..
Co
•jSchiff Go
54% Mar
Jan
Oil
Oil
tSegal Lock
Ogden Corp common
■Ohio Brass Co class B common
Dec
12
23
37a
__5
common—
United
Samson
Savoy
July
•
50
pref
conv
Regis Paper
Jan
4%
$2
A
Salt Home
i
^
158
50'A
8%
Lawrence Corp Ltd
Class
:
4%
85:,A July
Apr
Jan
s
i.6t
Jun
.2634.7
•
2%
Ave
Ryan-Aeronautical Co.,
Ryan Consolidated Petroleum
Ryerson & Haynes common
•37 Va July
-
Electric Steel Co
Rotary
121%.-Nov
26 74
1%
'
1
20
,.10
Petroleum Co
Russeks Fifth
Dec
Jan
103
-'4,400
Jan
149
11%
5
.5
common
'i Royahte Oil Co Ltd
Jan
13 7b' vl4-%
Corp
$1.20 convertible preferred
Feb
%
14%
26%
Cable
.Rome
.
• •
16
133/4 July
54 Va
■
2
•
iRoosevelt Field Inc
Dec
•
87"' ■« -Jan
v
Dec
Jan
Jan
10 Va
14% July-
Jan
%
-
-
125
■■
100
pfd D
Pendleton Inc
&
Roeser
27% May
1093/4 110
May
Mar
iR«
1 52% Mar
.
Dec
Dec
17
22 Va
227a
1
1
Co v t c
Rochester Gas & Elec 6%
36%
13%
143/4
107%
J an
3/4
Radiator
Rio Grande Valley Gas
200
13%
Jan
40
warrants
Oil Corp.
Richmond
475
U%
120
153%
1678
Aug
F~
—5
Northeast Airlines
1
North Penn RR Co
—_-i;—
50
Northern Indiana Pub Serv 5% pfd—100
Northern StateB Power class A.——25
Novadel-Agene Corp—
—*
Jun
Oct
Jan
.
42,600
1%
7a
Sep
118
71%
370
1%
1%
*
Goods
Dry
Stix
Richfield
37
'
79
158
77%
154
1,000
120
•
xlll
Jan
8%
4,800
18
367s
117
13a
177/a
Dec
Apr
10%
300
16
18
Nov
81
5%
--'100
17b
Utility Securities—
Texas Oil
133/8
26,400
Oct
'•%:> %
5,900
•1%
Apr
11
175
147b
12%
__
7
Jan
94 Va
Feb
105
13%
.
Jan
V-37«
Apr-
__
14.;,;
13 %
Nipissing Mines—
/' 1 %
Noma
Electric...
;—
18%.
North Araer Light & Power common__l ;• /TV,
$6
preferred
—119%.
Norih American Rayon classJV
*
i/
h,
Class B common.:
■*
36%.
6% prior preferred
50 7
.:
75
May
1,800
~1378
>:
May
65
3,800
y-6Va
Nov
10 %
500
24 Va
Jun
111
Oct
60
74 Va
89%
100
5
108%
2%
81
91
Oct
9
93% Jan
13,600
_67b
17% Mar
'3 %-:••: 27,000
3%
143/4
107 Vb
"7
Aviation
Republic
106% July
Jan
'50
14
l7/8
Nov
13
390
>
114%
23%
Dec
34
15%
102
67 Va
66
Nov
13
7% Mar
237b
Dec
117
108 3/4 IO93/4
300
Va Mar
Nov
11
20
17
Apr
A
11 7b
*
5
1
& Engineering
Reliance Electric
Nov
Jan
112%. Jan
105
16
...
6 3/4
A
11%
•
Roller Bit Co
Reed
!
1
20
:•->
116
105
100
'
Nov
Jan
2%
Feb
21%
350
Jan
37a
/Raytheon Manufacturing common..50c
Red Bank Oil Co
1
Oct
3%
7%
—
14
6 Va
52%
Aug
Apr
3%
33%
n••*v:;
116
55
11% Jan
•
21
2% Jan
54
3,000
27b
2%
Raymond Concrete Pile common
$3 convertible preferred
Dec
2074
6%
-
July
lA July
Jan
1,400
13
106
10
1
10
•
common
Rath. Packing Co. common.
Nov
200
Jan
July
34
Jan
%
—,
j
Nov
14%
26 Va
1,200
77%
«
7%
147a
10
11,300
43
158
Railway & Utility Investment A
Oct
Jan
3
-35
100
150
1%
& Light Securities
Voting
.'
Feb
9
25
-
65
10%
Jan
310
110% 1113/4
"..."Jik
66%
30%
Co
Power
Railway
—
*
30%
Jun
Nov
7
R
Oct
5%
21
21
Apr
4%
925
:..f 63 Va
62
Sep
xlyir
m
143/4
Radlo-Keith-Orpheum option warranta.
Jan
88
100
5
Dec
4%
15
108
preferred
Quebec
Dec
114
6 % May
6
6
100
15 Va
May
Oct
31 %
Jan
200
8
Jan
Feb
Jun
17
Nov
10
Jan
300
x8 V4
7%
Jan
57b
Oct
13
—
Quaker Oats common
Dec
Dec
400
10%
X8%
/
65%
2%
1
,
American
Feb
106%
130
2
700
6
7% July
18%
,
3,100
3%
2% Aug
21 v;
:
&das $5.10 pfd_100
G% pfd
—100
preferred
5 %
2d preferred
——
Class B optional warrants...
Niagara Share class B common—
Class A preferred
—
Nlles-Bement-Pond
Nineteen Hundred Corp B
North
11%
2,700
161
>
1st
Northern iCentral
Pyle-National Co common—
Manufacturing
Pyrene
-
Niagara Hudson Power common
5 7o
1,100
17a
14%
V
shares
Founders
N Y State Electric
N
■>,
13%
l3/4
12
Apr
9"%
31300
3%
13%
3%
Dec
5%
700
200
13
— •
•
5
10
Puget Sound Pulp & Timber
July
Apr
12
85%
—
&
Shipbuilding Corp—
23%
106% in
62%
10
Y Merchandise
10
Y Power & Light 7% preferred—100
$6 preferred
—*
Y
100
26
__
City Omnibus warrants
Honduras Rosario
Y
N Y
■
Co
900
5% /
7%
1
•
•
Land—
Process Co common..—
Y
N
125
Jan
4%
"13 %
13 %
Nov
2,000
16
10
-25
New Jersey Zinc
10
15%
11%
8%
.
v v
Jan
95
1,100
122 % 125
Dec
13%
__
Nov
3/8
10
•
$5 prior preferred
—
;—*
Idea Inc common
Oct
4%
-
100
*
England Tel & Tel
New Haven Clock Co
15 Va
11
/
•
preferred
$2
New
Nov
24
July
10
11%
300
22%
—
•
100
Associates
New England Power
69
Oct
Dec
12 Va
Jan
Jan
1,400
8,200
17 Va
Dec
16%
10
10%
23
—
1st preferred
Common
44 % Mar
16
*
8
•
4
1st pfd
Nehi Corp
Nelson
Jan
15%
11 V*
5%
.0
106%
1st
t
Nov
11%
9%
;
Sep
Jan
10%
12%
100
100
preferred
6%
>
0C$
39 V*
35
200
42%
33%
Jan
15%
National Tunnel & Mines common
National
Jan
Feb
11%
*
•
—12.50
1
30o
•
100
National Transit
1%
5,900
2% July
35
42%
16%
11%
•
10
Refining
National Tea 5%% preferred
National Sugar
2%
Dec
20 Va
Jan
28
—
.
14%
100
20%
2%
214
■•/;—/"
"
43
55 3/4
2,300
Puget Sound Power & Light—
20%
—
*
Steel Car Ltd
National
.
Apr
2,180
of Colorado—
Service
Public
N
•
1
•
25
•
50c
*
•
1
—*
Jun
—
1
•
■*
of Nevada
Corp
7%
Corp
•
1
common
of
Metals
Pressed
Jan
/
Nachman
Qct
93/4
Jan
20%
13 %
1
13%
64
43/4
Jan
64%
—
100
20
Sep
7
133/4
*
13%
10%
85
174
23/4
300
18 Va
3 Va
1
18%
37s Aug
1,600
—
Co.
18%
Nov
37%
Gold Mining
& Lambert
Pratt
July
631
Jun
2
'
Jan
8
24
9,000
3%
*
Jan
Feb
11% Aug
33 Va
334
33/4
4
5
38 Va
1% Jan
18
Jan
v
10
25c
common
Mining Co
Polaris
20 %
Apr
Feb
Apr
12 Va
64 %
19 %
125
50
10
25
1
7.50
Pittsburgh Plate Glass
Pleasant Valley Wine Co
Sep
Aug
Nov
87s May
%
50
Pitts Bess & L E RR
Pittsburgh & Lake Erie
Pneumatic
.20%
5%
1,300
24
.
8%
Sep
12
Mar
3%
7%
4
2,000
.2%
Oct
1
•
Mines Ltd
Gold
115%
<
-. :
28%
100
7%
Dec
9%
.vi
525
21%
106 Va
Sep
300
29%
7%
Jan
Nov
11
29%
24
33^
97%
>
11%
'
36
12
29 %
•
1
12% .,1278
••
Jan
•
50
xl05%
Jan
7
11%
Co
Governor
Pierce
Pioneer
3%
2%
*
100
,
Oct
2%
31
36
10%
common
Packing
Phillips
Piper Aircraft Corp com
Pitney-Bowes Postage Meter
550
150
1,100
Mar
158%
Jan
107s
pfd
Power 5 %
Oct
300
125
36
-—25
Pharis Tire & Rubber
Dec
.
70
200
Philadelphia Co common
'Phila Electric
8%
12%
•>>.//18%
13%
Co..
Ring
preferred
6%
Nov
1,500
152%
.
*
1
—
70
10
•
100
Producers
Mountain
27
*
;•
•
5o
& Power
Montreal Light Heat
Jan
10
Ward A
Montgomery
July
Co
Mar
X114
—
1
1
——1
Utilities
Dakota
Montana
9
1%
2,200
a
,
Hi
.
67%
105
2.50
Inc.
Hosiery Co
Corp
Jan
'
Mississippi River Power 6% ,pfd____100
Missouri Public Service common.-——•
Mojud
Dec
8%
60%
149
Jun
68
Nov'
53 s/8
x59
59
—100
Co..
Perfect Circle
52
•
.,
100
Monogram Pictures .common
Monroe Loan Society A
•
x3-/';~3%
1
Moiybaenum
July
3 Va
1% May
800
2,200
.
15%
*
*
& Mfg—
Light 7% pfd
Mining
Minnesota
3%
•; 8%
3%
8%
,
Midwest
Mining Corp of Canada
475
28%
'
...
50
.27%
7",27
'28%
50
——10
Abrasive
Mid-West
27%
•
High
3%
27b Mar
•
& Power Co
Mfg
Pepperell
'
/■"-
i—
•
-*
dividend shares
$2 non-cum
Low
Hwh
2.50
Traffic Co
'•
Range since January 1
Shares
of Prices
Low
pgr
High
,
10,300
Steel Products—
••
.•
for Week
Sale Price
Low
13%
Sales
Range
Range since January 1
High
Low
Week's
Last
Exchange
Curb
York
New
Shares
of Prices
Sale Price
Friday
STOCKS
Friday
"§
8 T O C K
York
New
DECEMBER 15
WEEK ENDING
RANGE FOR
Week's
Power class
..25
43
43
—25
32%
327b
300
29%
Apr
327a
327a
—25
32%
32%
700
29%
Jan
323/4
32 %
700
1 Va
A —25
100
1%
1%
67
Dec
Dec
Nov
2
July
Jan
x79
Dec
THE COMMERCIAL &
76
FINANCIAL
CHRONICLE
Monday/December 18, 1944
NEW YORK CURB EXCHANGE
•
STOCKS
r,;vw»
Curb Exchange
York
New
i
New
Boutnern
Southland
°
Steel Co
6%
2d
Stetson
Inc
(J B)
ot.innes
tHugoi
(S) & Co common
Machinery
Sullivan
Co—
Drue
Sun Rav
41/4
Portland Cement—
$3.30 "A" part—1
:
Weyenberg Shoe Mfg
1%
Apr
Oct
Williams
(R
18%
Williams
Oil-O-Matic
28
Oct
Willson
ft Feb
6
Jan
Jan
2
4%
Jan
50
19
1,600
17%
Feb
25
108%
Jan
%
Jan
%
16
500
'
113
12%
12%
54
300
%
%
ft
300
19%
7%
"B"
Class
9,700
1,300
1%
Apr
9,600
18
Feb
|
5%
5
3%'
17%
Jan
5
10%
53
Jan
Jan
•
'.
Light 7%
9
12%
Jan
6
&
pfd
8%
Feb
%
Feb
25
24%
25
18%
18%
1,625
18%
-
-
18%
500
48%
14 Va
12%
125
26%
Taggart Corp common
-—w
48 %
Aug
15%
Apr
11
t
f
1950
debs
1960
Textron
Tilo
Co
114%
Jan
Product
J-J
Lt deb
6s
1961
197C
2024
Paper
Elec
fAssociated
Mar
3,400
7%
Apr
12%
19%
Feb
27
Oct
11% July
800
9%
10Va
1,600
6%
Jan
8
7%.
8%
3,800
1
Jan
62.
61
•'
——
•
4'/a
3%
1%
Amer
dep rcts-ord regis
Amer
dep recs def reg
„
.....
>
100
109
V'-W
■
'
Mining of Nevada
Tonopah
Trans Lux
•.
Tri-Continental
"
4%
warrants
•
Inc..
'
1 Va
30%
y): 1
>■
1 Va
4'/a
36%
Corp.
Trans western Oil Co
106
;
^-•■',
-
113
•
ZZIIZi
\h
3
1-
i
7%
~7%
'
3,000
Telephone of
1st
'
'Bickford's Inc
Corp.—
100
Manufacturing Co
Union.Gas
of
111
110
•
Jan
Dec
Jan
United.
Cigar-Whelan
preferred
Prior
100
Jan
4% July
37%
-
Dec
1% Mar
'V
'
^
v
Jan
*;
2V2
A10% July
13% July
7%
Jan
United
Gas
Corp
'i
:
-
..."
.
66
3 Va July
' V
7%
Feb
"
7%
Dec
10%
2,500
7Va
400
14 Va
Jan
1%
2%
128,900
1%
95%
1,070
80Va
Jan
18%
17%
18%
7,700
17
Edison
3/64
ft
20,700
>
10%
9%
10%
—mm
Molasses
United
Profit
10%
■A
Feb
19V4
Nov
Nov
10%
Nov
%
Feb
ft
Jun
50%
Jun
69
Dec
33%
Apr
40
Dec
Feb
93
Apr
4
& Canal
Feb
263
Jun
8,400
U
common
5
Securities
•
warrants
_«
45%
300
42
Jun
45 Va
303
23
29%
184 '
23
29 Va
29
27
206
22%
29%
F-A
—
Universal
1,800
10%
Sep
Oil-
x82
El &
104%
6,575
78%
Jan
104%
3,400
2%
Jan
5
Nov
2
600
1%
Jan
2% Aug
U
*§
1,400
ft
:j.
4%
10,100
2%
Jan
15%
200
12
Feb
.13%
300
7
Jan
1%
Jan
15 %
5%
5%
5%
2,100
10,700
21%
Universal
Products
Co
25%
25%
25%
Sugar—
a
3%
3%
64%
63%
Rys 5s
Servicedeb
Cohv
.1
Utility Equities common
,$5.50 priority stock
r»!v.
10c
...
16
:
Nov
13% July
5%
•
101
109
120%
150
150
105%
108
101%
103
103
103
V- 3-D
115%
119
180
1109% 113 -V
A-0
'
103 Va
Feb
22% Aug
28% July
26
Mar
2%
Jan
3%
Dec
1,475
51%
Jan
65 %
Dec
„
'
7%
7%
8
2,200
4
Jan
8% July
2
1%
2
2,200
1%
Feb
2 Va July
87
50
74%
Jan
..1
87
103% 103%
106 %
J-D
Valspar Corp
convertiole
Venezuelan
1
common.
preferred—
2%
5
53%
—3
Petroleum...
9%
53
87
—
.'.•••
3% July
Jan
54 Va
Dec
Feb
11%
Apr
8
Feb
ft
—1955
...
500
i
>
M-S
55%
53%
372
37
99%
99%
2
98
66%
68%
164
67
Wagner Snkins
5%
____
A-O
voting'trust ctfs" ext..4
preferred...
&
Bond
elaM
Knitting
A_ZZ._~
*
:
100
"
.
see
'
7%
"j
page
2677.
Feb
22%
24%
600
14%
Jan
3%
24%
3%
100
1 Va
Feb
15
~4%
4%
,
4%
108
10%
9%
-16%
14%
10%
17
6,200
5 Va
6,100
•
7%
25
4%
105%
102%
104
119
125
~
4
120% 120%
A-O 1
-
104
103% 104
F-A:;.
105%:
124 Va.
124 Va 124 Va
j Gatineau
A-O "
;
;
..
;;;
J-D
J-D
-
Power Co—
5 V2S series B—.......1957
Service
5s
1950
lien & ref 5s
...1963
1st
——
Indianapolis
<
P
1970
3%s
L
&
SInternational Power Sec—
A 6 % s
series C
1955
A6V2S (Dec 1 1941 coup)—1955
A7s
series E—.—
1957
A7s
(July
A7s
5s
Power
Interstate
—
1941' coupon)
iZ^
J,
Superpowei
Altallan
:
>X-i
■
V,
102
104 Va
10
103%
106%
4
93%
102%
6
93
103 %
'
"
•.
••
: j.:
fy
&
ref
•
;
.108%
.
-
106%
5
21 Va
36
1
25
42
31 Va
31%
14
23
,34%
25
42
5
22%
37%
110
88%
98%
72%
59
60
77 Va
38
12
28%
40
'
112%
$111
__
5
<
■
•.
'
u
♦
'i'
^-—1948
4VaS———.——1981=;'
A—
—,—..2022
Suffolk Ltg 5s
;
F-A
J-D
M-S
122%
112%
«>107
109 V*.
hk;
103 Va
J
3
102
101
—1
'.."w
64'/a
..
„
=
106% 106%
.
>
106 Va 107
1
—V'.
:
$103% 104%
;
-iilft-iai-l.-fi:
•
iaO>-Vt!fv61%.J'.69%
64%
64
"fv-i99%;i04%
i'd.&'U>JV99%tiio3%'
$99% 100
J*D
r'J-
•
>7)til/. -105
107% 107%;
107%,
A-0
107%
109
—'
107% 107%
107%
109
106%
6
,
108%
$119% 121%
$104
J-J
,
106%
120
106% 106%
106%
Af-S
3-D
M-S
6
98%
67%
72%
38%
31%
97 Va
37
J-J
J-J
J-J
38%
38%
98%
J
*
42
30%
35%
'Oi'f •'
ifi
109
25
•3
33
35%
35%
J-J
,
'.r'*'";/•?
series
103'A
33
J-J
5s___.._...—~—aCti—.1955i>i
"
103
$108
6sr Stamifed_—fc£u.^'.1948 VS.
F -A
Middie States Petrol 6%s—iiii.—_1945,or
J-J
Midland Valley RR— V
'
£
Extended at 4% to
..1963
A-O
Milwaukee Gas Light 4%s__1967
: MS
Minnesota P & L 4%s
2V.
1978 )
3-D
1st
101% 102%
■
3Vas_j—..I960
75
105
31%
>
-1957
———1952
6s.—.—.—.1963
Superior Dist Pow1
1021A
64%
:
104% 105
...
Jersey Cent Pow & Lt 3%s_.——1965
Kansas Electric Power 3 %s_—...1966
{Kansas Gas & Electric 6s—...
2022
Kansas Power & Light 3%s_
1969
Kentucky Utilities 4s_—-—.1970
Lake
f
10S Va
102
102
F-A
^
...
6s
Debenture
/
108%
103 Va
102 JA
1
30%
1957
.1952
1952'
coupon)
(Aug 1941
series F
A7S
105
V
103
*
103
3-D
—
r
104%
101
$104% 105%
F-A
M-N
,
101%
$104%
Af-S
J-J
& ref
1st
/'
6
Illinois
'Indiana
'
1
••
/
71 V?;/
104
104 ;
■101
\
•
105 %
124 Va
107
:
>97%
•
•'
103
$66
A-O
A-O
Jan 1949
i—Jan 1949
81
$104% 106
$98
,
103%
123
2
108 Va 108 Va
i
10S1
•101%
V
-
%
J-J
1958
'l-Ji:
103
$_L
63 ft ft.:
103% 103 Va
105
105 ..ft..
»
■■,
F-A
99
:
•
114
ft.
>A •ftlft 1.
•
j-j
I Green Mountain Pow 3%———..1963
Store Prod 6s
1953
ft 71
103
103% 104
103
V
j-d
{Grocery
;
..:
$104% 105
;
103%"
J-D
...
rl02JA103
102%-
:
J-J
1953
AGeneral Rayon Co 6s ser A......1948
r Georgia. Power & Light 5s_
—1973
Grand Trunk West 4s
..1950
Great Nor Power 5s stpd..
—1950
{Guantanamo & West 6s
.
Af-N
1969
1
Hygrade Food 6s ser A—
6s series B
—
106%
93Va
54
103% 105%
NL-S
|
111
-
.
103%
103 Va
1 Electric Power & Light 5s———2030
fElmira Water Lt & RR 5s..
1S56
! Federal Water Service 5%s
1954
Dec
New
Amsterdam
New Eng Gas
Dec
5s
Dec
Conv
Gas
5s._
...1948
& El Assn 5s————1947
1948
5s
^——:
1950
-
deb
Oct
Jan
10%
Dec
N
Y
England Power 3 VtS—
1961
England Power Assn 5s———1948
...—1954
State Elec
Gas 3%s_
19«4
17
Dec
N
Y
&
Apr-
108
108
108
1108% 110
F*A
Oct
New
5%. July
New
25%
105
.
2
.
106%
108%
102%
106
104% <108
.
100
106%
111
115
120
110%
118
100% 101%
6
107%
115
2
100%
107
100
113
13
Dec
11% July
106%
105-* 5
98%
Af-3
112%
Jan
,
6
97%
3
'
Apr
Jan
3%
1,700
4
3
May
94 Va Mar
*
1 25
___
preferred"""
Air Lines. Inc
footnotes
10%
mZiIsZZZZZZZ—ZZZZZZfl
Wantworth Manufacturing
West Texas'
Utility U
West Va Coal & Coke
Western
,
3
.100
Class B
Wayne
10%
5,900
18
—1958
Power 3%s A
(General Pub Serv 5a—^
104 %
105
105
Eastern' Gas & Fuet 4s ser "A———1956
■
105
99%
>98% 106-
89
>104% 105
3-D
J-D
J-J
Continental Gas & El 5s——
4%s
..
104%
-
1954
Gen mtge
79
,105
104 V*-104%
105
—
r
62
104 Va
105
-
{Consolidated. Gas (Bait City)—
6s
6
55%
100 %
101%
$103% 104%
Af-S
A-O
Nebraska Power
4%
54%
»
1102% 104
104%
1971
1969
1978
ref mtge 3s ser P—;
1st ref mtge 2%a ser Q
1st
Nassau &
Co..
103%
107
36%-
54%
55%
-.1958
;
series N.
3%s
"t
..
W
Aircraft
105 %
218
52%
F-A
5s
ft).
■
»;,2
54%
A-O
Jan 1966
1950
Ss:
15% July
27
5,500
"
Feb
99%
J-J
1969
Debenture
Dec
8%
220
10%
11%
1%
1,900
54%
9%
11%
Manufacturing—
ft
3
43
106% 106%
Af-N
.
For
106
113
1155
1927
—T952
ctfs
5s
Debenture
Nov
v.;-:A*;.
\
7%
85%
V
4 /?'-■-
U19% 119%
McCord Corp
Waitt
29
22%
42
113% 114
Af-N
1964
5s
t
Sep
13,300
3%
65
50
.
5%
18% Jan
20% Jan
20
_•
Products..
3%s
Gas
series B_
6s
(Cities
M Dec
Apr
4%
"4%
20%
Waco
<■
13
-
-
Q-F
M-S
J-D
Dec
4%
——10
Utah Power & Light $7 preferred.
Jun
2
.
Power
—
§AChicago
Dec
4%
21%
Vogt
29
100%:
100
107% 107'A
.
J-D
•
17*4 Dec
1%
common..________1
•
Feb
Apr
Pictures
R»dio
9
%
Insurance
.
8%
3,100
Universal
.
Jan
1%
Universal
Utah-Idaho
5%
9,600
'
;'
Dec
1
_•
*
4% Mar
12
10,550
10
—
6% Mar
17%
14%
2.
2
8%'
8%
4%
4
Cooler class A
£4
-
-29%
28
29
100
M-S
1970
-Cincinnati St Ry 5%s A—
Dec
9%
~
..._50o
Consolidated
B,
x84
1
—i_
Universal
Utah
29
29
J-J
77% July
1%
Wallpaper, Inc
Class
Jan
10,000
'
16%
United Stores common
United
69
8%
Reclaiming
Dec
200
2,075
x44%
—
2%
2%
9%
8%
1st preferred with
Rubber
S
27%
27 Va
^Central States Pr & Lt 5l/as stpd—1953
269% Nov
•12 ft
x44%
1
U S Radiator common
Feb
Oct
2
1
B
International
%
6%
12
x77%'
25
Graphite
$5
50
76% x77 %
10
25
Preferred
and
2%
25c
United Specialties common..-
S
40
38%
100
Sharing
Co class
ft Jan
ft Jan
■
90
69
65%
•
Shoe
Foil
■»
,-
_
preferred
■
Machinery common
United
Jun.
Dec
8 Va
dep rets ord regis
NJ RR
18%
Feb
6,800
16
68%
•
Ltd—
Co
Dec
3/64
8,400
%
95 Va
-
16
'
4,800
%
ft
•
participating preferred
Amer
U
28%
28%
> A-0
1962
;
2%s
A&%s
j
Oct
2Va Mar
Sep
•
United Milk Products
S
29
23
2
J-J
1948
...1954
Sep
25% Aug
•
Feb
89%
■
.
•
B
:
.
Jun
24%
68%
11%
May
10%
~2Va;
95'A
common—.AO
new
class
200
•
U
95
79%
12%
F-A
M-S
?§ACentral States Electric 5s
Nov
A
4% Aug
5% Feb
-
ft
preferred.
1st
7%
•
United Light & Power common A
Common
2,700
24%
warrants-
uorp
4%
■
10%
10c
•
—20
Stores
...
United Elastic Corp.
U S
--
28%
1953
9% July
■
Jan
2 Va
1,800
4 Va
.
.
•
common
preferred—..
United
—222
1
Products.;
Aircraft
Chemicals
'
•
Union Stk Yds of Omaha
United
United
124 /. 128
1% Aug
-
Jan
.
10%
•'
■
••
7%
4%
10'
Canada.—
United
$3
93
27
(Consol Gas-El Lt & Pr (Bait)—'.
7.
J-
10c
—
Unexcelled
United
92%
109%
107%
17
;
102
99
4
92%
5s
•
'•
/
124 Va
28%
1957
6%s
Central
July
115
July
4
'
CD
6%
1
Realization
$6
109 Va
1998
6s
Northern
U
;
102
109
1960
Bethlehem Steel
1% July
9% Mar.
700
12%
12%
'.
Udylite Corp
v
102
105
'ft'ftftftftft
B___
C
(
$5
106%
Af-8
..1964
Canada—
series
5s
M
series
5s
Canada
80
Mar
I}
•
*
7%
'
'
Dlen
110
101'/a
$123
—•/
1977
City Elec 3%s
Nov
May
18'/a
11,800
P'
.
.
preferred
convertible
80c
103%
106%
123
108%
/-J
1968
13%
Apr
100
3,200-
4%.;
37%
•
.
,
——
Tung-Sol Lamp Works..
[
106
6
105'% 106%
At
-
1955
5%s
Boston
Feb
58
20
'
•
•
'
*•
•"
109
'*.
"
—1
'
200 -
73%
73
'•
-r-:
'
73 %
.'
"100
preferred
™
'
f
■
•
Shipyards Corp
Toledo Edison 6% preferred
:>
—
•
•
Todd
Trunz
J-J
A-0
—1949
5s
deb
Jun
Jan
High
Low
1
102%
.<■:•
J-D
•
1950
4%
Feb'
'
7%
4%s
Bell
1
Oct
Dec
62
,
Feb
9 Va
200
,/••;.
2
$107
105%
'
;• 4'/a
Sold
No.
Security Trust Co Ltd—
Tobacco
t
9%
Nov
57
300
deb
AConv deb 5s
Atlantic
''
1953
& Elec Co—
4%S
AConv
'•
Range Since
January 1
Bonds
Hioh
Gas
Assoc T & T deb 5%s A
Sep
150
6%
4% July
Oct
7
6
12
25
6%
11% Dec
Jan
Friday's
1948
4%s
deb
A Debenture
Nov
11%
•
Exports
119%
24%
1
Stocks
Allied
&
Tobacco
10
12
Jan
2%
103% 103%
M-S
2016
Associated
24% July
10
Realty & Construction....
Tobacco
27%
Jan
5
common
Roofing Inc
Tlshman
Feb
12%
6%
1
Inc
Shovtl
Thew
23%
119
or
J-J
1970
6s—.
Sep
1,900
2,300
119
Jun
14 % May
•
109% 109 Va
J-J
debs
deos
Writing
Dec
27%
22 % v
2
Texon Oil & Land Co
6%
26%
:•
6
Jan
Jan
ft 7
Sale Price Bid & Asked
103%
f
Elec Pow 3%s
Appalachian Pow deb 6s.
Dec
21
ZZ100
3%
Apr
Co.—
f
Pow &
May
27'A
•
111
Apr
Week's Range
Last
Interest
;Appalachian
Dec
Jan
5
100
Jan
18,200
Friday
Exchange
Curb
s
Amer
-
Dec
9%
6 Va
6'/a
:■
-
Oct
6%
7%
s
s
Amer
Dec
21
...•
pfd
2,100
.
4
3%s
Oct
18Va
13
>
12%
Nov
8s
3%s
2%s
Dec
Jan
48%
—
—
Jan
Feb
ft 100
3%
11%
•''
July
May
17
•:
25
15%
48%
'
7%
5%
xl0% xll%
5%
1
...
7% Nov
3
110
10
;
American Gas & Electric
3% Aug
'.
11% Aug
>Z 100
14% July
8%
>
4%
Low
Nov
300
Jan
Dec
10
Va
100
Cement
AConv
& Light
2,300
BONDS
York
New
Jun
4
350
19% Dec
1,500
6%
deposit receipts
American
r
Power
13%
6
Nov
Jan
V
12%
Feb
Dec
Jan
1%
Jan
8
.V
4
AConv
Texas
13
6%
B
common
Nov
1%
15%
Technicolor Inc common
13 %
Wright Hargreaves Ltd
15% Aug
3%
18%
8%
400
3,300
Dec
900
12%
18
Tampa Electric Co common
12%
19%
Dec
17%
Jan
1,200
1%
20% Aug
Dec
2,300
12%
-
Jan
ft July
3%
<
4
17%
>-
*'
28 % May
Dec
>,5%
12%
—22
Jan
Nov
2,300
11%
3%
,——4
Corp
11%
16%
Period
11%
Dec
26
23
275
1
Portland
60 %
12
''
/ft
.•
Heating
Wolverine
3%
43%
——
'■>>
13% July
% May
ft
3%
10%
25%
12%
Co
Woodley Petroleum.
Woolworth (F W) Ltd-
ft July
113
Jan
3
9%
Nov
140
Jan
16
25%
25%
18%
Inc
Dec
13 %
common
Finch Oil
&
Nov
Superior
Swan
C)
Products
Power
53% Mar
10%
84
18% Mar
1
10
Wisconsin
% Aug
Apr
3%
Dec
Mar
114
Jan
2%
1%
21%
Jan
3,400
ft
X
16
60
10
Wichita River Oil Corp
High
Low
140
•
Inc
Dec
21
110
Range since January 1
High
140
20
Dec
18%
Iff
Low
Shares
Nov
18%
1,600
112% 112%
'iff
...—•
8
—*
4
1
Co common
Corp—
Stationery com
6
Jan
21
18%
112%
—1
1
1
Sterling Brewers Inc
Stroock
1,300
50
20
preferred
Sterling Aluminum Products
Sterling
3,500
for Week
of Prices
1st pfd—100
Westmoreland
July
Sales
;
Range
■
Westmoreland Coal—
7
200
1ft.:,
16%
4
*
———1
1st preferred.:
5%
56
Maryland Ry 7%
2%
200
26%
Western Tablet &
3% May
1,700
15%
Lead
& Co common
Sterchi Bros Stores—
Jan
40
Western
Dec
9% Aug
13
Week's
Friday
Exchange'
Pat
Oct
12%
9% Mar
■
70
5%
5%
v
Curb
Sale PHce
Winnipeg Elec
Tube class B
(A)
Stein
56
5%
York
'
1
1
—1
(The) Corp voting trust ctfS;..l
of Canada—
•
Starrett
1,000
5%
113
Standard Silver
11%
•
Products Co
Standard
Jan
•1
Preferred
Standard
8%
25%
J
class B:
Common
400
16 %
100
Light
Power &
Standard
9%
10%
.1
(Ohio)— 5% pfd
Standard Oil
•!
131
Jun
26%
—-20
$1.60 convertible preferred
Standard Oil (Ky)—
5%
55
-l
10
Standard Dredging Corp common
3,100
ft 5%
Standard Brewing Co
Standard Cap & Seal common
>.
Convertible preferred—
12%
5%
_
—-
New
High
July
9%
:•
n%
1st pfd—-—
(A G) & Bros
Shoe Corp
Stahl-Meyer Inc
Spalding
Spencer
Low
8%
10
—10
Line
Royaltv Co
Pipe
Southern
STO(!hs
121
England Telephone—100
Phospliate Co
10
Southern
DECEMBER 15
Range since January 1
HidA
LOW
WEEK ENDING
i
Shares
of Prices
Par
■
FOR
tar Week
Range
•
Sale Price
RANGE
Sales
Week's
Friday
Debenture 5 Vas
—
Westchester Ltg 4s
2004
4103% 110%
"J-J
84%
85%
34
72%
35
84%
85%
15
72%
88 Va
85%
84%
85%
41
72%
88%
M-S
3-D
Af-N
M-N
A-O
—
107
$107% 108%
102%
103%
;
102
1)0101%. 102
,t[
.F'-t'vE
.
88 V«
110
95%
102 % 103...
103%-104.
.-.28
103
.97%
104
108%
t,1108Vkl09.%.
V-N
J-J;
h.
n
111
101%
107%
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4343
Volume 160
EXCHANGE
NEW YORK CURB
RANGE
Last
Interest
Exchange
Curb
Week's Range
Friday
BONDS
York
New
..
»
.
Ogden Gas 1st 5s
Ohio Power 1st mtge
Period
J
1st
3s
mtge
Public
Ohio
3'As
—
Service
1948
Pacific
Light
&
Power
Park Lexington
5s
1st
M -N
.
104%
"
$106'A 108'A
J-D
108%
V
.
/
108% 108%
M-a
14
106'A 106%
j-j
103
A5s
Water Power 3'As
Power
Corp
108%
117
107%
West Penn Electric
West
i
1964
—1949
1st mtge
3'As
Sinking fund deb 4s
Public
of
Service
6%
New
Queens Borough Gas & Electric—
5'As series A
1952
Safe Harbor Water 4'As
;—1979
Joaquin Lt & Pwr 6s
San
Estate
ASchulte; Real
103%
152
series
D
4
2
105'A
Wyoming Coal
f
s
conv
Carolina
South
$85%
Co
Rys
95'A
105%
Gas
104%
m-s
106'A
a
20-year
1971
R.vs
Indiana
1951
P
L
&
w 0 OO
F-A
05^
:
;
Bogota
104
106'A
ACauca
104
$104
Electric
&
Gas
109
Danish
105%
Danzig
City
Valley 7s
106%
108%
ALima
101 '/a
■
-
.
;
..
Debenture
104%
6s
100
22
83 %
50
86%
997/a
96%
97'/a
-I,: 44
87.
99 'A
97'A
66
86%
99%
79
86%
86%
937/a
86%
98%
29%
66
19
Light
&
Power
a-o
96%
.
f-a
96%
96%
J-D
96%
96%
97'A
F-A
97
96%
97%
1957
1950
F-A
96%
97'A
65
65%
$32
35%
$30
34%
105
105%
6s
Corp inc 5s
AStarrett
a-o
.
74
V
:
R
41
.-
22
.
(Hugo) Corp—
Stinnes
.7
.
7-4s
20 '
deposit
(Hugo) Industries—
2nd stamped
Stinnes
j-j
—1946
3d stamped
A Certificates of
A7-4.S
1946
1960
j-j
;.v
6s
;
Water
Tide
,—1979
5s
Power
F-a
119
-$118'■
j-j
51%
62
54
61%
28%
29%
5
16'/a
30%
83
83
1
62
85
81
83
3
60
85
$18
40
19%
21
61
v'.S
•V'.'
J-J
'uw'
■
M-S
r;
:'•.'
....
"l
17
22
$39%
J-D
41%
34%
$34
:
■•
19
19
»i
••
•
36
18
I"..
46
•
34
b
1972
J-D
AParana
1958
M-8
1959
1919
J-J
38%
J-D
5%
5%
6'/8
72
37/a
8%
1921
J-J
5'A
5%
6
73
3%
8%
7s
(State)
6'As
Janeiro
de
A5'As
sale,
105%
105% 105%
;•
119
101%
105%
5
v'
105%
111
•'
$16
22
75
76
39
40
38%
39
75
Odd-lot
e
d Ex-Interest.
41%
41%
•16
2
%
sale.
n
79%
33
41%
34
i
20
..
17'A
58
6
43%
Under-the-rule
sale.
-
.
,7
' j
->:*
:
,
Abbreviations used above—"cod,"
,
33%
36
41%
$41
:
J-D
and asked prices; no sales being transacted during current week.
traded flat.
§ Reported in receivership.
\
41%
A-O
value,
a Deferred delivery sale,
x Ex-dividend.
'
"
•No par
Cash
>7> ^Friday's bid
108%
117%
6%s
Government
ARussian
106'A
1
1
AT-If
Mortgage Bank of Denmark 5s
41%
*
41%
1947
1947
1931
(issue of Oct. 1927)
A7s
20
-
104'A
"105
13
•V
103% 103%
j-j
.-1968
3'As—
Edison
1
High
1
83
M-N
.1951
stamped
AMortgage Bank of Chile 6s
•A
20%
•105% 105% '
105'A
m-n
A—..
series
Toledo
1956
;—2022
Light 5s
&
Powei
Texas
5s
Low
%
>61%
■,;
F-A
.1958
7s
7s
ABonds being
Service
Electric
Texas
January
No.
,
V'f'
M-N
1952
6%s stamped. 1958
(Peru)
Mortgage Bank of Bogota—
A7s (issue of May 1927)
r
a-o
High
45
97 3s
ARio
Standard
Range Since
Sold
987/a
a-o
gold debentures-
100'A
$61
^
J-D
,
'
97%
1957
6S-
100%
85
Bonds
Friday's
61%
1955
—1953
5s
A Ma ran no
96%
—May 1948
1951
Dec 1 1966
6s
Debenture
or
Low
V-
& Waterways—
AExcernal 6%s stamped
91
72%
35
'
■
99% 100
May 1948
(stamped)™
Conv 6s stamped
96%
2
Week's Range
Last "
A-O
April 1948
Jan 1947
of)
1948
5%s
Extended
—
6s
2
Port
■
99'A
m-N
1989
Spalding (A G) deb 5s
;
100'A
(Col)'—
Bank
Mortgage
(see
AMedellin
Standard
96 %
106%
107
.
91
90
$106'A 107%
M-S
2022
8s
105
$103% 104
F-A
4s
Southwestern Uas in Elec 3'As
Southwestern
•W-
'::v-
10
Sale Price Bid & Asked
■
7s
51
106'A
>-* O oc
Interest
-'-'.v. •'
7s
2
.
—1970
1st mtge 3s
Southern
106
a-o
j-j
109%
119
99%
99%
Friday
Agricultural Mortgage Bank
103 3a 105%
103%
j-j
(Calif)—
100
Exchange
Curb
';Z-' ■:(
'•;
104%
104% 104'A
Counties
100
J-D
Period
4
105
Southern
J-D
1947
:
York
New
•
103%
1
105
j-j
Southern
1937
stpd
5s
stamped 5s
87%
86%
30
103% 103%
a-o
Edison 3s__—1965
California Gas 3'As—_1970
100'/2
BONDS
128
48 '
.
103% 104
104
1957
5s
Power
100
105'A
114'A
118% 119
1
73%
90
95%
94%
a-o
California
Southern
F*a
2
11
108'A 108'A
118%
—
debentures
113
126%
r
..
1947
6s
1959
Newspaper Union
A20-year
Sheridan
J-D
105'A
98%
105
6
$126
a-o
a-o
1960
57%
109
110'A
106%
137%
105%
1063i 107
jt1
—2030
5s
24'A
105
108%
3
106
109
106%
m-s
1951
1951
1967
1970
6s
Shawinigan Water & Pwr 4'As
4'As
106%
105
a-o
j-d
1952
3
Scullin Steel lnc mtge 3s
1st
92%
1
148% 150
m-n
121
57%
106
+107% 109'A
102%
12
$103
j-d
Jersey—
certificates
perpetual
A
108% 108%
j-d
55%
57%
J-D
J-D
5s
Traction
Penn
Western
104
100%
101% 101%
101%
m-a
of Colorado—
Public Service Co
MS
1951
—1964
-
108%
106
VVr- 4
4
116'A
111'A
$115% 116
if-N
1954
Ry & Elec 4s
Wash
108
.
2022
debs
income
Wash
6s
103
115%
•,«
A
series
6s
109%
106
.
3
Co—
extended--—
(Can) 4%s B
stamped
5s
113
2
F-a
109'A
106 %
Waldorf-Astoria Hotel—
I AYora
Portland Gas & Coke
102
102%
16
112% 112%
105%
A-O
*
Co-
107'A
106%
5
.
109
•;
12
.
•
109%.
F-A
& Light
Debenture
58
40
? ,'104%
105%
3
J.
108% 108%
108%
Lt & Rys
-
105%
i103 %
,,
1962
6s
102
2
V'.-'X
1950
1959
Transit
>7>.'
62
106% 106%
106%
J-J
Pennsylvania Water & Power 3'As_1964
3'As
1970
Philadelphia Elec Power 5'As
1972
Philadelphia Rapid
Utah Power
•,
f58'A
f.
-*W
•
M-N
1979
-
>..
104%'104%
J-J
1977
Penn Central Lt & Pwr 4%s
109%
■
1964
High
111 '/a
•
103
J102
Low
110
3
$108
109
104% 105'A
a-o
1959
107%
.
110
January 1
NO.
110'A 110'A-.
__
Range Since
Sold
High.
Co—
cons
,•105 %
27..
F-A
—1955
5s
1st mtge 3s
Power
5'As
&
&
105%
11
.,1s
105% 106'A
106%
F- A
Oklahoma Power & Water 5s
Light
United
104%
107'A
^
106% 107
'.I
••
F-A
United
J-D
1949
4s
(Delaware) 6'As_1952
United Light & Railways (Maine) —
6s series A_^
—1952
101%
109% 109'A
'•
A-O
—.1962
N
1st lien
A -O
—
—
4s
1
Electric
Bonds
Sale Price Bid & Asked
Low
95%
82
22
91%
ft
M-N
—1945
.—1968
1971.
91%
101% 101%
91
J-J
(8% redeemed)—-1948
5%s series A
Week's Range
or Friday's
Last
Interest
Exchang®
Curb
High
Low
No.
York
New
Range Since
January 1
United
North Continental Utility Corp—
Friday
BONDS
■'
..
Sold
High
Low
r
...
Bonds'
Friday's
or
Sale Price Bid & Asked
Period
DECEMBER 15
WEEK ENDING
FOR
267
-
"cons," consolidated; "cum," cumula*
certificates of deposit;
Htlve; "conv," convertible-; "M," mortgage; "n-v," non-voting stock; "vtc," voting
i^'w I," when issued; "w w," with warrants; "x w," without warrants.
trust certificate!;
OTHER STOCK EXCHANGES
RANGE
WEEK
FOR
ENDING DECEMBER
15
Friday
STOCKS—
Baltimore Slock Exchange
STOCKS
Corporation
Arundel
Bait Transit
Co
•
common
v
&
Finance
Co of
preferred
29%
61%
61 %
38%
40
40
50
Mar
First
27%
Apr
55
Sep
66%
Jun
41
Jan
A
& Alabama 5s ctfs_—
Georgia
73
Jan
67'A
Isle
Dec
59'A
500
35 %"
35%
1945
51
S30.000
67 %
73
Jan
74%
Nov
29%
1,000
35 %
Apr
____—•
Co__
Sons
"
Stores..——.
Electric
*
Co
.*
_*
Lamson
Copper
Loew's
*
—5
50
common
——
RR
Friday
Last
<""
i'''
>
;
•'
53
Sugar Refining—
American Tel & Tel
American
100
>■,
Woolen
Anaconda
Copper
Bird
&
Boston
29
20
t
155%
2.356
8%
50
.....
__
..
BostQn;rEdison r;
Boston Elevated. Ry
-
100
-
—
—
&
Boston
Maine
T-%
class A
53 '/a
Feb
167
Jah
Dec
Old Colony
Dec
Pacific
Dec
Pennsylvania
Dec
Quincy Mining Co
96%
Jan
class
8%
-
.
__
Boston
4%%
6%
5-
Hecla...
10
Service
Eastern Gas
& Fuel
K-
Reece
Folding
.
Stone
63
8
Mar
Jan
10%
Dec
United
3 %
Jan
9%
Dec
United
Drug
Fruit
Shoe
For footnotes see page
12
Dec
Jan
11
Dec
6%
Drill...
..
—
-"49
preferred
15%
Dec
14%
Sep
U
S
274
8%
Jan
15% Aug
22
22
22
42%
42'A
43%
326i
39%
1,474
13%
14'A
354
14%
42%
Feb
S
Smelting preferred 7%
7%
Dec
28%
Jan
6
May
154
12%
Oct
250
5'A
Jan
33
Jan
Oct
80c
Jan
1
Jan
Oct
2'A
29%
Jun
36%
2%
130' '
17.
Jun
200
78
687
40
Oct
Nov
13%
«
Jun
50c
Jun
Dep
Feb
8
Dec
25
Jan
40
Nov
17%
Jan
250
8
17
7%
Dec
44%
40
5
36%
38'A
Jan
100
1%
7%
22
Jun
33% May
16%
Jan
5%
6'A
6,411
3%
Jan
6'A
35%
41%
3,092
23%
Jan
41'A
Dec
11%
11%
150
Jan
11'A
Dec
15%
16
310
Feb
17'A July
24c
20c
27c
37%
40%
"6%
41
%
■
34
7
11%
5c
3,400
Dec
33c
May
Dec
111%
32c
90c
Jan
D)
Inc
Co.—
Westinghouse Elec & Mfg..
17'A Mar
8'A
System
<S
56%
32'/2
24%
313
110% 112
111
41% Aug
255
103%
Apr
30c
Jan
46c
Mar
98
Jan
111%
Dec
2.250
38C
40
111
Feb
114%
Nov
45c
Feb
Dec
33%
31%
33%
2,032
25%
Jan
; 33%
Dec
1,475
86c;, Feb
*
7
—5
*
—
20c
1%
1%
T%
10
—50
*
*
50
9^4'
115
11%
12%
1%
1%
25
14%
14%
14%
11%
10'A
11%
38
Apr
32
718
30
25%
•
July
11%
-
Dec
38%
Nov
!u
129
31
25%
Nov
15
.
>-May
b:i•
30
Dec
1%
Jan
Jan
7%
1,912
37%
1
12%
741
2%;
"12%
Jan
23'A'fApr
-.5(1
"31
24% 'May
"
"Dec
25'A
Dec
12'A
Feb
17% July
91%
16'A
16%
102
91%
89 '/a
91%
718
75%
Jan
77'A
76'A
77%
650
69%
Jan
78
45
44 3A
45'A
97
42
Jan
45'A
Dec
July
Dec
50'A
12
51%
190
40%
Feb
53%
77
77
100
77
Dec
77
Dec
12
13%
140
10%
Jan
14%
Dep
37'A
37'A
35
20'A
Jan
38
Nov
115% 118%
266
91%
Feb
124% 124'A
$7,500
118%
Jun
Dec
Oct
vl%
84'A
Dec
Jan
49
Dec
Bonds—
Jun
Jan
American Tel & Tel
225
198
65c
35'A
i3
35%
40
98
1%
_7'A-
♦
42'A
—
Waldorf
;
125
65c,
98
65c
98
*
Rubber
U
...
Dec
Jan
16%
Jan
.*—25
Jan
Apr
49
40%
327/a
15'A
—5
5
84%
Feb
Jun
Jan
——*
Mach common
25
12
82%
47%
35
28%
10c
Co—
270
*
25
32
25%
Inc...
130
8
1
40%
271
—
14%
15
9%
Dec
274
Fastener....—
Carr
United
1,603
Jan
14
20c
~
14% 'Bi--
14'A
8
1
—
•''
—UljliiillOO
AulLx'-iCilOO
2683.
Jan
••>
200
32
'
——*
Warren
1
—
Twist
Union
Jan
5
■
13%
14
Dec
3%
5
7%
21% Mar
42%
100
10
Inc
Co
4
..
240
10"
Jan
12c
Machine—
Webster
&
Torrington
930
38%
13
,7
40%
Assn
Shawmut
Dec
♦
<0>L
6%
"7%
—10
—
Associates-^-
26%
Jan
i'*
Dec
10 I MO
38%
Jan
210
■
42%
Mach—
Hole
13%
8
prior preferred
preferred
19
Button
74% Mar
.&vB5'A :Sep
«•'....... i
Reece
United
12
9
13%
———*
Co
Co—
37%
Oct
14
'•
East
-
455
151
9'A
-10%
stamped. ...100
Prop Trust.
Providence RR———_ —1100
Range
504
116
1
class D 1st pfd
Copper
=
loaaei- .,805,:.;
8%
9%
Personal
Cities
..
8 8vet. ...25.;.
10
&
ti
7%- Apr.;
63 ?Wi~ .3,251.:..? i '26 ■< ;-Jan
("91
10
12
Boston
....
)MJ2%. ;Jan
.
•[>!(>„ V-.,........
'.55%
62%
100
100
Boston
Calumet, &
26%
100
pfd
.
__
class C
10%
10 wen -.
25
1st pfd stamped— —.100
Stamped
1%
...
_
1st
B
08-k
Oct
54
17
77
31%
—
Oct
69
!»
RR
9%
18%
2,514
Dec
:, 84
110
v-
76
•
——
I
28%
36%
111%
——50
:
25
RR—
Feb
...
253
37% >
1
—
Mills
ilah
116
115
Cos
24%
1,512
580-tf i 11%
26%
100
100
1st pfd..
_
4..
37%
OA
prior: preferred—
Stamped
17%
230
28'A
17%
At
RR—
5%
.
Corp...
Traveler
Herald
'
116
25
.
Boston
•__
9%
27%
•:•
"••
Albany RR..
&
s
__
Inc
Sop
Service
England Tel & Tel—'1.-.—_—100
Butte Mining..
:—2.50
Northern RR
<N H)———
100
•
American
Jan
40%
J,'
—
North
High
Low
164% 167
165
13%
^
—_5
New
Range since January 1
1
53%
•
...
England Gas & Elec Assn—
5%% preferred
Shares
High
Low
92
New
for Week
Range
Par
•
National
Sales
of Prices
preferred
Nash-Kelvinator
Boston Slock Exchange
Sale Price
50
40%
__.100
common
100
Narragansett Rac'g Assn Inc.——1
5%
STOCKS-
320
17
25
Theatres.
Boston
Central
Maine
Week's
76%
.—.15
A
(Del)
Corp
preferred
6%
Dec
preferred———.
—
6% Mar
Nov
4%
111%
'
—
Royale Copper
Kennecott
65
1975
.—1975
Transit Co 4s
series
5s
<Wm)
convertible
$7
Bonds—
Baltimore
'
4
38%
_*
*
— 1
—
Hathaway Bakeries class B
Jun
35
r
*
common..
Service
Gillette Safety Razor
Dec
10
'
100
Assoc
Public
National
General
July
885
Inc
Group
High f
LOW
4
:
100
—.
preferred—
conv
Engineers
4.00 Oct
90
100
Range since January 1
Share®
110
100
common
A
lor Week
High
Low
'
$2
Employers
13% Nov
Jan
24
294
27%
27%
common
81
48
85
85
series
Lines
SS
Eastern
Dec
Filene's
—
U S Fidelity 81 Guar
Dec
32
Jun
2.00 May
127
4.00
Power
&
Water
10
20
iv
Casualty—.1-2
Amsterdam
Penna
10
30
3.50
3.50
Vernon-Woodbury Mills common.100
Preferred
100
New
> Jan
13%
Dec
159
July
30
Mt
——
3.80
22%
Apr
Jan
Street Ry
pfd
Sales
.
of Prices
Par
,
preferred B__
preferred adjustment
5%
.
—.25
..
159
7
136
47
••
13%
A common——5
Amer
>
1,077
:•
18
Apr
1.00 May
2,900
3.65
21%
157
20
Co—
Monongahela West Penn Pub Serv—
7f/c
19'A
100
Deposit
Fidelity
3.25
19%
3.25
•
tc
Preferred v t c
14%
865
17'A
1st
6%
High
LOW
High
16%
17'A
.
6%
Range since January 1
Shares
of Price9
Low
Par
Eastern Mass
lor Week
irige
Rarige
Last
Sale Price
:
;
Sales
Week's
Friday
Week's.
Range
Last
Sale Price
Boston
*
■>:-
&
Maine
Inc mtge 4%%
conv
3s
1956
RR—
series A—.—.1970
65'A
65'A
500
124'A Dec
121% Sep
52% Jan '
'
65'A Dec
17^
THE COMMERCIAL &
2678
Monday, December 18, .1944
FINANCIAL CHRONICLE
OTHER STOCK EXCHANGES
DECEMBER IS
FOR WEEK ENDING
RANGE
Last
Chicago Stock Exchange
Friday
Last
Range
1
6TOCKS-
Range since January 1
Shares
*
Steel Co
Acme
(J
Adams
Laboratories
Allied
Mfg Co.,
Tel & Tel Co capital
American
Athey Truss Wheel capital
Automatic Washer common—
(Delaware)—
Mfg Co
(EL) common
22
Jan
6%
6,050
4%
Apr
6%
Towel Co common
Chicago Yellow Cab capital
Chrysler Corp common
Edison
Commonwealtn
3%
Lighting Inc
Co
400
8%
850
8
5
Jan
Co
400
I6V4
Jan
22
150
34%
Jan
41% July
3%
Feb
500
6 %
Jan
34
Dec
15%
Dec
5,800
9
Jan
30%
30%
50
28
Jan
22
22
50
20
Jan
101% 102
60
88%
Apr
};T
14
13%
n
*.
18
14'
V
%
u
800
1
79
Dec
9,
210
7%
Jan
12
21%
200
177/s
Jun
21%
Dec
7%
13,000
4 %
May
7%
Oct
79
44%
Jun
36
250
34
Nov
25%
650
23%
Sep
30%
50%
57
700
44
Sep
64% July
63
63
10
55
Jan
63%
Joy Mfg Co common——
Drug Co common
15%
100
13% Mar
19
100
78%
Jan
98
Jun
16%
3,700
12%
Nov
17% Mar
58
20
45%
Feb
58
28%
28%
7%
29
34%
Kentucky Util jr cum pfd
6% preferred
common
LaSalle Ext Univ common
Rad & Mfg class A
Field
common
Masonite
Corp
common
Prod com
West Corp capital
Mickelberry's Food
i
Stewart-Warner
Swift
Co
<&
208
17%
18%
600
41%
41%
50
30%
■
5% July
500
10%
Cum
Oil-O-Matic
Common
Industries
Wrigley
(Wm Jr)
Zenith
Radio
Unlisted
Anaconda
Steel
Iron
10%
12%
Apr
300
300
650
53%
53%
50
44%
Jan
7%
7%
500
3%
Jan
8%
150
8
Jan
8%
10%
23
14
53'/a
Jun
Oil Co
(The) common
64%
500
51%
Feb
66
Jan
14%
Dec
9%
Dec
400
14 %
9
9
100
17
400
20%
'8
5% Nov
Standard Oil of N J
S
.
Rubber Co common—
13
Jan
July
17
Sep
lien
preferred—_•
prior
:
common—uU-'
Mfg
American
Participating pfd
Nov
21 % July
Cincinnati
Apr
21%
Cincinnati Gas & Electric
8 %
Apr
12
9% Jan
14
Dec
10%
150
8
Jan
46
260
37
Jan
37
39
240
34%® Sep
40
16%
16%
100
13%
Jan
18% Aug
500
1%
Jan
Advertising
Dec
Cincinnati Street
NOV
3%
3%
4
350
4
7%
7%
8%
21%
20%
21%
1,450
10%
26
27
150
19%
19%
19%
800
16
x26%
19%
6%
ll iV
6%
200
81%
81%
350
11
11
10
17
"t V
17
10
Mar
11%
50■
6
9
Monroe
Chemical Co common
Wkrd & Co common
Muskegon Mot Spec class A
Montgomery
Nachman
Corp
common.
National Cylinder Gas common
stock
National Standard capital
North American Car common.—
Sep
Cincinnati
Oct
Crosley
May
Aug
Dow
iNorthwest Airlines Inc common..
Northwest
Bancorp
common
preferred
lien pfd.:
...
....
(The) common..:
Peabody Coal Co class B com
preferred
—
Kroger
8% July
81%
Dec
For footnotes see page
2683.
Dec
1,250
56%
Dec
650
56%
Jan
66% July
Jan
15%
Oct
U S
7%
Jan
18
Oct
13%
Jan
18%
Jun,
10%
Jan
20
8 % Mar
7%
7%
1,350
29%
30 %
1,100
10%
Jan
30%
Dec
52%
53%
13d
47%
Jan
53%
Oct
20
101%
Jan
110
42
5%
Dec
Oct
Dec
6%
1%
Jan
3%
Feb
7%
250
38%
~7%
6%
49
8%
10
7%
5,200
6%
500
4%
Jun
8
Printing common
Preferred
—.
.
22%
Jan
52
16%
Jan
Jan
32
6%
13%
Apr
19%
20
42%
42
42%'
700
38% Mar
9%
9
9%
600
5% Mar
13%
2,900
xll%
American
City
11%
Apr
17% July
15%
Jan
22%
Dec
29%
30
Dec
48%
1,550
2,150
23 V*
Feb
30
100
37%
Jan
15
Sep
51% July
18
Mar
16%
16%
10%
10%
10%
1,600
19%
18%
19%
1,500
28%
28%
50
55%
55%
18%
19
19
8%
Xll%
1,100
9%
Feb
9%
13 Va
14
••
~9%
3
18% May
30%
Dec
400
5% Mar
16%
Sep
9%
9%
400
5% Mar
17
Sep
11%
2%
3
11%
11%
34
34
5,750
1%
Jan
3% Jun
150
9%
Jan
11% Aug
Feb
34
50
28
Dec
3%
Nov
53%
Oct
30
Feb
3%
250
2%l Apr
53%
600
41% Apr
29%
10
20
13%
3%
51%.
29%
51%
20%
150
14% Jan
20% Dec
13%
13%
650
11%
Feb
14%
32%
Jan
38
27%
Jan
37
37
100
18'%
18
18%
850
17% Mar
31%
31
31%
300
19
23%
22%.
23%
1,050
16%
Feb
J an
Oct
July
20% Mar
31%
23%
Dec
Dec
30
95
Jan
42%
42%
20
22
Jan
45%
Dec
3 5'/a
35%
300
24
Jan
36
Dec
**
200-
130
42%
..10
4
92
91
21
133%
92%
21
870
50
Apr
58% July
20 Va July
Feb
53% July
Sales
Week's
for Week
Range
Range since January 1
Shares
of Prices
Low
High
:
34%
Feb
3%
Nov
4
60
4
Feb
6
Feb
10
4
9%
74
7% May
10
Nov
■
•
4%
10
3%
255
2%
100%
4%
Feb
36
Jan
'
950
8%
79
14
9
Mar
80
July
8%
Jan
14
Nov
30
17%
Apr
29%
Nov
5%
Jan
8%
Nov
8%
13%
13%
60
10%
Apr
14
35
35
25
30
May
35
416
3
Aug
25
39
Mar
5%
5%
45
36%
26%
36%
.:
45
35%
■
28
57%
14%
57
22
41%
294
58%
22
15%
42%
269
50
July
Jan
5%
45
Dec
July
37%
Nov
31%
Jan
21
Jan
29
Oct
52%
Apr
59
July
10
Jan
23%
8%
Dec
Jan
15%
Dec
35
35
Apr
43
Nov
50
8
Jan
10
Dec
542
12
Jan
17 'A July
34
15
Jan
24% July
5V\ Mar
115
10
9%
__
Dec
Jan
Jan
7%
72
55
29
8%
Dec
3% Mar
108 %
561
14
29
90
Mar
6
Jun
3%
108%
3%
107
13%
:
Jun
25%
60
4
4
14
High
Low
v
152
32%
31%
31%
>
v
Standard
Brands
14%
15%
20%
21
•
10
-*
*
Motors
General
Tlmken
Roller
37/a
4%
130
3%
Jun
64%
63%
64%
208
51%
Jan
28
28
28%
359
28
Dec
33% July
43% July
52% Aug
15%
66
July
Bearing
3%- Jan
79:
16
Jan
Sep
Friday"
v
.
Last
4% May
94% Aug
Dec
82
50%
American
Apex
Coach
Electric
&
*at
-J:
*
j——1
*
——.3
City Ice & Fuel——-———*
Brewing Corp of America.'
Clark
Controller
Corp common—-—
Commercial Bookbinding
*
.*
Eaton Mfg
*
—25
Controller
General Tire.& Rubber Co;
Goodrich
*
—5-
Cliffs
(B
Rubber—_————*
Cooperage class A
——*
Goodyear Tire
Greif
Bros
preferred
———.100
Interlake Steamship
*
Kelley Island Lime & Tr—
Lamson
&
6%
6%
Sefstons
—•
...——*
National-Acme-——
—1
Shares
12%
130
200
a51%.a51%
a20%a20%
15
10
=19%
ig3/4
10
'79%
*78%
79%
455
17%
17
14%
173/4
1.603
14%
150
a51% a51%
100
;:
_
„
57 ' 57
a24% a24%
57
__
'•
55
60
85
184
72
52
52
50
50
-
„
—
31%
33%
14
•-
14-
__
*
a49% a50
55
55%
•
52
—
25
a53%
a53
14%
645
470
7%
355
.
7%
46
46%
al9% al9'
High
Low
105
6%
21%
a5%
;
Range since January 1
~
12%,
a,5%
__
—7%
MaK^e (A G) class B
Sales
for Week
21'
=
'
*
F)
High
LOW
——-—1—__
Cleveland .Cliffs. Iron preferred
Electric
;
5
Body—.:
Mfgifl—
of Prices
.
50
Mfg.——:
Akron Brass
Week's
Range
Sale Price
STOCKS—
133% Dec
21
49%
Cleveland Slock Exchange
Nov
200
29
Sep
32% July
.
40%
500
•*
Dec
9%
28%
Dec
51
July
'21% July
Apr
28%
*
"...—
Fuel.
Gas
51% May
9%
29
12
Apr
16
1,500
'
—,
23
Mill
Rolling
Ice &
Columbia
Dec
49
Dec
1,500
11,500
Unlisted-
Nov
20
6%
23
:
16%
16%
10
W/estern Bank
Jun
100
7%
7
10V* July
July
300
49
40
Dec
700
6%
38%
5%
Apr
Jan
Sep
Jan
5%
6 %
.38%
5%
Dec
35
1,350
50
—
——
Dec/
7% Nov
Nov
Nov
7Va
Jun
4%
1,500
1,150
*
50
Gamble
&
Rapid
4%
A
class
Procter
Apr
36
12% Aug
28%
80
22%
*
*
150
350
Feb
July
48%
*
Lunkenheimer
350
10
Penn Elec Switch class A—
9
44
Feb
15%
*
——*
——_—*
Oct
1,200
-
8% July
Feb
30
—10
Dec
7
5
100
5%
34
20%
...——
20
18
38%
Nov
16
*
*
27
20
110
Dec
73%
22%
*
Jan
6%
38
9%
Apr
Jan
9%
8%
May
18%
110
Jan
Jan
23
21%
77%
—_—
Insulation
Formica
Hobart
17%
10d
100
9
9%
23.
1%
Yards..,
Stock
Union
Halle Bros
West TTtil pr
4%
24%
40
4%
Dec
6% Aug
Oct
Jan
62
350
5%
5%
77%
Eagle-Picher
Hatfield
18
~7%
Oct
12%
8%
450
8%
39
50
Corp
w
Parker Pen Co
250
5
prefcrred.100
50
21%
4% Jan
Sep
6%
450
39
1
—
Drug
Oct
20
10
20
*
.*
9%
71%
64%
5%
Jan
5% May
68
Dec
Jan
2% Jan
98%
'
10%
Dec
15%
103%
2,350
■
80
Products..—
Cincinnati Telephone
1
10
11%
75%
8
Baldwin
19
*
31%
Apr
100.
6%
63%
40
20
__—7
*
Machine
Products prior pfd
American Laundry
15%
550
Jan
11%
20
103
79%
Par
100
45%
—•
*
*
•
*
1
25
200
50
64%
Last
900
46
=:
8% July
39
Friday
Basic Refractories
i
Jan
■;%- 7%
Sale Frice
21%
13%
*
L;
100
—100
3%
"V
500
STOCKS—
20%
12
1
•
•
*
1
5
750
.
-V:/
Cincinnati Stock Exchange
21
50
63% July
1,550
*25
1
10
common
Cincinnati Ball Crank
?
Apr
11%
•
43% July
17
50%
'8% Mar
40 %'
63%
20%
capital
Incorporated
Dec
10O
13%
Dec
1,600
28%
Dec
7%
41
17
35
11%
July
13%
i
Modine
6%
Corp
York Central RR
Oct
30
41
14%
Jan
27%
*
1
5
•
1
—*
•
—•
common
Jan
Jan
;
23%
Nov
Aug
;
Jan
350:
11%
•
Co common
U
13%
Dec
35%
.
28 %
*
common
Corp
(Glen L)
36% July
42* -Dec
12
Nov
82%
•
Co
Studebaker Corp
27
17%
36%
Apr
9%
8%
_1
Electric
6% Mar
13
Jan
Jun
77
50
.
prior lien
Util 6 %
prior
Common
7%
Corp
14% Aug
11%
12
33%
100
71
39
Topeka & Santa Fe Ry com—100
Nov
26%
200
350
78%
11%
i-
9%
*
Jan
11%
17
36%
6%
71
5
common
Mining
Copper
Jan
8%
capital
American Radiator & St San com
Pullman
Feb
Stocks-
4%
26 %
Jun
103
11%
2
common
Corp
8
43%
33%
^
.
Co capital——*
Mach
Yates-Amer
1,950
Sep
Jan
17
6%
*
1,350
Jan
28
36%
„
103
*
.
4%
May
350
78%
V'-.
36%
commoft
Bankshares—
Wisconsin
13%
Miller' & Hart Inc—
Nor
preferred—
prior
4%
17
Dec
32%
'
13%
38
32%
15
4%
29%
18%
Jan
50
31%
13%
100
32%
Sep
27%
32
>
13%
550
15
Williams
Dec
250
32%
31%
Oct
200
12%
Aug
15%
32%
32%
10
15%
15
15
200
17% July
..
Republic Steel Corp common
Standard Brands common
43
Jan
5% July
Jan
*
common..
Radio Corp of America common
42
34%
Jan
1
Inc
Jun
35
Sep
3%
12%
Wieboldt Stores
Dec
34%
31%
50
300
Wayne Pump Co capital
18%
42
1,550
5%
7%
45%
43
33%
7%
Pure
15
Dec
7%
Apr
6% May
36%
Dec
4 %
1
'
Apr
21%
Jan
5%
2
Paramount Pictures Inc
Jan
2
Jan
2
32%
^
16
1,800
Utah Radio Products common
Dec
Jan
20%
Jan
50
4%
60%
New
93%
43
21
58%
Nash-Kelvinator
10
12% Aug
Apr
21
3%
.
60%
Dec
650
Feb
27%
1,100
•
Steel
6
900
12%
common
S
Feb
24
July
36
34%
U
15% July
Jan
20
11%
——
25
15
.
Apr
38
33
;
34
35%
Jun
520
10%
350
14 "
21%
Transportation cap..5
Air Line
United
27%
4%
3,550
21%
15%
1
78%
Martin
29%
Jan
15%
6% Aug
Jan
34%
21%
Street Corp com—*
Interlake
4%
104% 105
3%
10
37
'
•
16%
Dec
106
Dec
400
5%
5%
37
w-,'''' •'
12%
Dec
Feb
Nov
102 Vs
16%
28%
Feb
18%
Feb
12%
34%
19
"Jan
16%
cap...
■>'. 25 % July
11
12%
Carbon
&
Jan
85
*
Carbide
Apr
4% May
650
5
(The) common
South La Salle
Feb
43
Jan
•
300
'
Trane Co
155
Feb
3%
21%
90
5
capital—
Swift International
Apr
38%
150
90
'4. 100
5%
capital
82% Aug
71% Mar
200
4%
Nov
3
18%
5%
L
33%
common.
Jan
20
79
Dec
18%
.
18
—1
Curtiss-Wright
100
Jan
400;
Corp common..110
Corp
Furniture
Storkline
Nov
100
Jan
Apr
1%
102 Va 102 %
..25
capital
Sundstrand Machine Tool common
Nov
28%
14%
Indiana
of
Sterling Brewers Inc common..
United Co—
Convertible preferred A..
$1
Oil
Standard
9%
26%
Dec
2%
11%
100
25
1
■:
29%
12
7
Llbby McNeill & Libby common..
Lincoln Printing Co common
Common
Jan
13%
*
*
preferred
Standard
Jan
28%
5%
700
24%
2
*
.—20
Stockyards capital
Dredge pfd
4%
26%
29
Works
St Louis Nat
24%
18%
Dec
42
4%
[SA'm*:-
—>
cap__——5
,
Lathe
Bend
Spiegel Inc common
Atch
1
common
South
Dec
.21%
1
*
A—*
50
100
i.
*
5
Switchboard common
Sinclair Oil Corp
500
150
12%
154%
41%
-
-v
*
1
Signode Steel Strap Co preferred..—30
7,250
34%
77
154
common...
Sears, Roebuck & Co common
Serrick Corp class B common
General
34%
Jan
3
3
77
^10
Raytheon Mfg Co 6% preferred—.—5
Sangamo Electric Co common..———*
Schwitzer Cummins capital———.1
Packing
Bethlehem
7%
9%
500
;;r:,
18%
17%
■v,
*
Dec
350
5%
5
,
..—100
———.
Dec
68%
'
Rath
July
92%
14%
58
*
•_
Ken-Rad Tube & Lamp common
Marshall
Nov
92%
16%
Preferred
33
Jan
1,400
12%
12
5%
177/a
(The), common.—..i—"'-
Corp
Woodall
15%
_*
.*
:
1
Co capital——
Katz
Co
'
common.—....
Jan
56 %
68%
127/a
1
1
common
Car
High
Low
26
50
33
68%
——*
B
class
(The)
Steel
31%
33
100
Range Since January I
Shares
High
Low
...50
Coke capital
Quaker Oats Co common
Aug
1,700
Co
Process
Dec
Aug.
54%
35%
25
10
100
Harvester common
pfd-—:
Cumulative
54%
'39
54
54%
X35%
Co
&
Pressed
Oct
7%
7%
—1
Power $6
Clark
Nov
Jun
20%
Tool v t c new—
•
Indianapolis Power & Light com
*
Indiand Steel Prod common
——1
B)
41 Aug
129'/a
Jan
58%
8%
'
Indep Pneum
(W
Dec
1
3
;
Illinois Central RR common
preferred
Jun
capital
RR
Gas Lt &
Potter
Union
14
% Mar
111
Oct
340
77%
78%
Bartlett common
25
(Geo) common A——*
Houdaille-Hershey class B
*
International
Oct
Jun
n
Jan
9%
3,870
50
31%
22
103%
Jan
%
2,300
126% 126%
Spencer
Hormel & Co
Hupp Motors common
Illinois Brick Co capital
Nov
6%
22
15%
%
Dec
450
14
22
Hibb
7 %
150
10
10
i
common—_•
Motor Parts
8% Aug
7
15
-I
Brew Co G cap
Hein Werner
Oct
34
—15
common
Nov
11%
22
——
Printing
137/a
Jan
33%
common
Harnischfeger Corp
Jan
34
14%
Corp common
Oct
40%
7
6
1
5
A
18
21%
22
*
;
Aug
39%
,
100
*—*
General Motors Corp common
10
Gillette Safety Razor common
—*
Goldblatt Bros Inc common
—_■*
Gossard Co (H W) common.——*
Great Lakes Dr & Dk com
•
Midland
27% July
13
General Foods common——
Middle
5% Aug
11%
18%
Watch Co
Morse
General Finance
Midland
3%
Jan
11%
*
Fansteel Metallurgical
—*
Fitz Simons & Connel Dk & Dredge
Co common
*
Four-Wheel«Drive Auto
—.'—10
Fox (Peter) Brewing common
1JA
General Amer Transp common——5
McCord
Feb
3%
12%
common—10
*
Household Util Corp
&
1%
' 1,700
11%
29%
common
Elgin National
Leath
.
13
2%
common—,——2 %
Dodge Mfg Corp common
Domestic Industries Inc class
Kimberly
.
Jan
25
pfd—100
cum
(Alf) & Cohn Inc
Kellogg
Nov
May
Cunningham Drug Stores
Jarvis
5
*
——
7%
Cudahy Packing Co
$7
8%
600
3%
4%
'
Co—
Interstate
Jan
14
10
*
29
1
common
common—
Heileman
4%
8%
20
pref part shares—
50
Container Corp of America com——20
Preferred
1,300
8
350
V t c
Fairbanks
Dec
300
——5
Consolidated Biscuit ccmmon
Co
2%
8%
capital—'1'
*
Coleman Lamp &
Consumers
Sep
Jan
1,400
"■
67/a July
22%
1
2%
51.
Dec
166%
7% Mar
50
.
2
17%
10
•
Co common
Stove common
Cities Service
Hall
22
22
27%
Preferred
Electric
156 %
57
Chicago
&
400
17
1
Convertible preferred
*
Central S W Util common—
50c
Prior lien preferred—_
— -—*
Preferred
*
Central States Power & Light pfd
*
Chain Belt Co common
*
Chicago Corp common
1
Convertible preferred
*
Chicago Flexible Shaft common
*
Chicago & North Western Ry—
V t c for common
*
Deere
166%
.
'
Peoples
Jan
40% July
2
Common
Decker
20%
Apr
27
80
convertible preferred
Co (A M) common
central Illinois Pub Serv $6 ptd
Central III Seeur Corp—
5%
Curtis
Oct
Jun
100
17
1
5
10
Castle &
Crane
21
16%
33 %
5
Brothers
Butler
Dec
50
300
9%
& Wire—
Common
Bruce Co
9%
17
6%
5
Borg-Warner Corp common——Fence
Aug
39%
1
1
Berghoff Brewing Corp
Biriks Mfg Co capital
——
Bliss & Laughlin Inc common
Brown
8
Jan
4%
*
common
Corp
Radio
Belmont
Oct
Dec
164
164%
*
10
Bastian-Blessing Co: common——
Belden
300
9%
__1.
—1
——4
3
3
Co common
Aviation Corp
Feb
17
100
—5
Equipment Corp common
Asbestos Mfg
7%
—
common
Co
&
Armour
7%
65
15%
Mar
39
Chalmers
Allis
Aro
Bearing
Ball
Aetna
Castings
5
common—_—l
common——
*
Aluminum
Advanced
15%
50
~7%
57
13%
15%
Mfg common—
D)
100
65
65
—25
common
Pennsylvania
Poor
High
Low
High
Low
Par
'
for Week
of Prices
Sale Price
'
.
for Week
Range
of Prices
Par
Sales
Week's
Safes
Week's
Friday
Sale Price
STOCKS—
50
42
5%
10
6% July
Feb
12% July
Jan,
Jan. .",
13
4
23%
Sep
6%
.
Jun
Oct
53
40% Feb
Oct
14%
Jan
18
Jan
22%
Jan
63
July
July
,
.
25% July
Jan
85 %
13%
Apr
19
10%
Jan
16
Oct
41
Jan
51
Dec
50
Apr
57
Jan
19%
Feb
25%
Jun
40
Feb
54%
Jun
36% Feb
51
Dec
43% Mar
56
Nov
47
Feb
53
Nov
31
Feb
34% July
11
Mar
'
5%. Jun
15
Nov
7% Nov
36
Feb
46%
Dec
13%
Jan
19%
Deo
Volume
THE COMMERCIAL &
Number 4343
160
2679
FINANCIAL CHRONICLE
OTHER STOCK EXCHANGES
FOR WEEK
RANGE
Friday
>
Sale Price
STOCKS—
Low
Par
National
*
Tile
Nestle LeMur class
Richman
•
Bros
Vlchek
Tool
735
1%
Apr
2% Aug
7y8
200
6%
Jan
9
7%
■;
42%
Oct
48 %
Nov
170
40:%
Jan
7% :>•
7%
100
5%
Jan
2%
300
2
Jan
a48Vo a48 %
'
•
•'/•i;,:
Refining .J™—2
Weinberger Drug Stores..'
_™ 4
•
15
15 4..
100
8%
Jan
15.
40%
200
33%
Apr
General
common__10
a23% a23%
10
19%
Jan
24%
Firestone Tire &
Glidden
Co
*
a57'/B a 57 Vs
10
38%
Feb
57
'Dec
a39% a39%
155
35
Feb
40
Nov
a24Vo a24%
85
18%
Jan
25
9Va
150
6%
Jan
July
10% July
330
15%
Jan
21% July
55
15%
Sep
20%
16
Apr
21% July
63% July
Rubber com—
Interlake
common.
*
——
__
common...—s
Iron
9
,
Ohio
Oil
common™
4
21%
21
al7% al7%
__
al9
*
U S Steel common™
a
Republic Steel common....:.'.!...—_
633
478
a
58%
,
19%
60
18%
50%
Apr
Oct
50%
51%
405
300
Oil
Corp
Motor
'Hupp Motor Car Corp..:
Petroleum
Intercoast
.
Lane-Wells
Corp
Co
Oil
Oceanic
Gas
Elec
&
Western
5 % %
Rice
Security
Shell
Sinclair
Oil
Range
of Prices
Bale Price
STOCKS—
Low
Shares
Low
Brown,
McLaren
Burroughs
1
common
Burry Biscuit common
Chrysler Corp
Continental
Detroit
Motors
Edison
Detroit
Detroit
Steel
common—
Corp
Frankenmuth
Brewing
Finance
Graham-Paige
Grand
Dec
82 Va
Jan
2,837
4%
Jan
9
910
4%
Jan
7% July
1,342
18%
Jan
7%
20%
680
6
14%
9%
200
14%
10 Va
4%
700
7
7%
6,013
4%
Jan
7%
7%
1,430
3%
Jan
7%
Nov
624
52%
Feb
2%
Jan
4
May
1%
Feb
7
Aug
Apr
3%
3%
3%
525
5%
5%
5%
4,350
1%
1%
1%
750
96c
200
6
.—
.
..
13
300
15%
6%
4%
Motor
Hudson
Hurd
tf
B
.
*
Car
15
common
6%
Juock & Mfg common
9%
Jan
23
Feb
14
A
425
8%
Feb
16%
560
6%
Dec
(S S)
Kresge
common
Lakey Foundry & Machine common
Prod
Screw
Masco
27%
10
....
Sugar
__
Chemical
Co
r
3
*
...
5%
2%
common
Mtl
Prudential
common.
Invest
Pr
_
5%
30%
12 Va
common.
common
_
2%
2%
2%
4%
250
Mfg- common
B
v
5%
3
Feb
Jan
4 Va
13%
Axle
Tivoli
■:
1
Brewing common
Udylite
common
__
_
.'■»■:
■
3%
400
1,200
7'/a
2% Mar
6 Va
Dec"
1% May
3
160
3%
3%
969
2%
Jan
Int'l
7%
3,060
2%
Jan
7%
6%
1,020
4%
Jun
6%
6%
U
S
Graphite common
S
Radiator
Preferred
_
common
ft
_
1
_____
——
'
5
<•
5
37
•
.
-
200
17
17
■
^'V;
50
.
__
•
Warner
Aircraft
«
class#B
common
5%
17
Apr
525
2%
Jan
5
26%
Jan
39
July
200
5%
1
1% V 1% •;.;v
5
5
98c
473
4
Wayne Screw Products common
1%
1% Jan
500
5%
3%
Dec
5%
Jan
2
Jan
5%
Oct
Friday
•
:
1
7'
Bandinl
&.
'
y'. C;
v.
Petroleum;
preferred;
TT——
Berlcey & Gay Fufn—
Blue
Diamond
Bolsa
Chica
i.
41/4
1:.
*
44—-50
4-
Corp..———-.I
4%
17% al'8Va
51%
' 2 Va
1.70
1.65
Broadway Dept Store Inc com—
*
17%
Byron 'Jackson
*
23%
Co
_™__
._
California Packing Corp com
Central Investment Corp_____
Oil
Cessna
Aircraft
Company.!
.
Chrysler Corporation
Consolidated Steel Corp
65
a4%
1
a90
_5
Co
1—
V...
885—. ..15%
Feb
21 >
Apr
25%
—
50
274
70
a4%
50
145
20%
19%
20 %
28
27%
28
..
!
45
3%
Nov
2.00 July
Oct
23%. Dec
30 V4
Jan
73
Jun
Mav
9% May
Sep
843A May
2%'Aug
3Va
"18%
•>>
*
95%
Jun
2,231
9 Va
Jan
20 Va
Dec
460
20%
Jan
28
of
America
Douglas Aircraft Co, Inc..
For footnotes
see
1
_____*
11
.V
10%
a68 %
11,
a69%
675
75
7%
Jan
55 % July
11%
Dec
Apr
25 %
Nov
•19%
3,509
19
16 %
al6%
17%
Sep
20 % July
35
7%
Apr
13%
Dec
100
22%
Oct
28
Dec
537
3%
Jan
825
5% May
16%
a
28
11%
Oil
6% July
11
70
696
24%
Jan
6%
6%
625
5
Apr
a76% a78%
347
56
Jan
18% Mar
34%
Jan
45%
30
825
Jan
45%
12% July
Jan
8%
300
,-
52
Jun
5
Feb
115
14%
Feb
18
Jun
a28% a29 Ve
100
25%
Apr
28%
225
4
Nov
Oct
245
30% Mar
32 Va
150
16
Apr
20%
Oct
5%
490
Jun
7%
Nov
18%
90
%
%
11
5%
al7%
18
a
%
Jan
5%
1% July
Feb
11%
Jan
285
9
9;.
a
100
754
%
Vf. 17%
4%
16
17%
Nov
Dec
9
Jun
18
May
3%
Oct
3%
3%
100
3%
Nov
5
July
39%
39%
790
35 Va
Feb
40
Nov
65
40%
a53 % a54
70
43
v
a54
5%
415
1%
a44% a45%
480
28%
9%
5%
a 45%
6%
Jan
60
25%
Apr
31%
Jun
250
12
Jan
19 %
Aug
36
36%
704
30%
Feb
36%
Dec
7%
1,050
6%
Apr
a79% a80%
55
7%
■/
135
23
Jan
360
42
Apr
53%
Nov
4
53%
Dec
Nov
7%
Jun
11%
19%
580
16%
Jan
19% Aug
17%
17%
170
15% Sep
5%
5%
987
29%
29%
282
9
~5%
22%
6,429
9
1,087
3%
19% July
6% Aug
Jan
25% May
29% Dec
26%
Jan
33
Feb
25
32
33
25
25
261
20%
49
49
280
41
16%
32%
16%
180
Dec
Dec
50% July
May
15% Feb
18
Mar
July
10%
10%
279
8%
Apr
12
19%
19%
19%
595
16%
Apr
21% July
al02%al02%
73
88%
Mar
97% July
13%
13%
425
12
Feb
14 Va July
32%
33
585
22%
Jan
33
29%
Apr
31% July
Sep
34%
—15
4
*
4
25
—25
Inc
(Ind)_:—
(N J)
Webster Inc
Jan
382
19%
21
22%
10%
*
Co
15%
22%
—1
______4
Co
Dec
Aug
27%
of America
Oil
65%
53%
♦
Oil
8% July
65% Aug
27%
Co
Co
9% July
150
17»/4
9%
—18
,_10
4
Corp
36% July
Jan
27%
*
Inc.
:
7% Aug
Feb
17%
17%
Inc
Jun
53
a28% a28%
9%
—
Inc___
43% July
Dec
Mar
:
i—
a28Va &28%
a33%
a33 %
a33%
452
32
a55%
a55% a55%
180
53% Mar
55% May
8 % May
10 %. Dec
10%
5
4
50
Willys-Overland Motors Inc
4—1
Wool worth Company (F W)
10
200
19
80S
13%
20
Apr
Jun
July
31% -Feb
a32% a32%
95
27%. .Jan
48%
105
45% Oct
49 Va
July
90
33%, May
37
July
13 %>
16% July
48%
'
4
10%
18%
19
Company
United States Steel Corp
Warner Bros Pictures Inc
Western Union Tel Co class A
Dec
a28 %
*
1
73.
a35
a35
16%
16%
a35%
210 "
16%
70
a
115%
a 116
78 %; Feb
80
a79 Va a79%
afl5%
Jan
108% May
'
July
82
108% May
Apr
34%
Jun
32
Nov
1% May
2
July
51%
Dec
a34% a35%
135
22%
a29% a29%
25
26%
300
a
Dec
IVa
1%
51%
51%
51%
170
60%
59%
60%
1,248
50% May
62 Va July
13% a 13%
70
11%
Apr
14% July
138
42%
Feb
52% July
93
Feb
.99%. Jun
a
a44%
a44
a45V2
all7%all7%
...
25
17%
612
a42% a42%
60
16%
43 %
6%
37
Apr
Feb
19% July
Jan
42 % Aug
page 2683,
Sep
66% July
33 % July
57%
105
Apr
Mar
409
64
Dec
a22%
____4
Co
Car
45
26%
a30% a31%
25
Texas
Company
_—25
; Texas Gulf Sulphur Co
4
>Tide Water Assoc Oil———
10
'Union Carbide & Carbon Corp
4
; Union
Pacific Railroad Company___100
! United Air Lines
Transport
—5
United Aircraft Corp__
5
United Corporation (Del)
*
U S Rubber Co
10
;
Sep
a22
w—
Aviation,
Corp
Feu
15
a33% a33%
a33%
7
4
Studebaker
19 %
200
a40V2 a40%
Co
Brands,
833
64
4
Corp
1,135
16
a31%
Corp
Dodge
5%
26%
a48% a48%
39%
Pictures,
5% Aug
3% May
4%
al5% al6'/8'
Tel Corp—
Motor
Dec
6% July
70 " July
16
Corp—
& Robbins
July
Nov
28%
2b %
______
Standard
% Nov
Oct
28%
a22%
Iron Corp™
&
12% Aug
43 Va
165
—__5
(Del)
Standard
'
Dee
May
8c
25
Corp.—4
—1
1
5
Corp__
F)
(B
Jan
27%
—_4
Inc
&
v;ii
Feb
4
McNeill & Libby
&
May
1.45 Aug
Jan
9
36%
11%
Corp
Co
1,720
156 Va
50
Republic Steel Corp
Sears, Roebuck U Co
Swift
Jan
60
4
—
Power
'Standard
2c
1,223
5%
_.—50
25
;
7% July
Jun
164% 164%
a78%
1
1
& Light Corp.———4
A :
Oil
1.10
a39 % a39%
11%
Westinghouse Elec & Mfg Co
Creameries
Jan
18%
50
) Pullman Incorporated
Dec
.>
8%
145
—4
Southern
&
Aircraft
Zellerbach
Phelps
;
it:
9,650
—_1
-Stone
v
7% July
11%
10
Inc
High
51% Aug
;)'■
Sep
10%
——_—*
Corp
Solvents
Paramount
Feb
Feb
150......
a92%
•
Jan
17
28
5
——5
*
—-15
—_25
_
—
Ohio Oil Company—.
Dec
!
Feb
19%
a
3
Pacific Ry Co—
American
18
£
i
%■ Jan
._.
>.4,618.J><n .1.30. Jan i
23%
*
Preferred
4.4,.)i"Jart-
Feb
13'/a
—l.t
Co
Tel
%'6Va
12%.. Jan-
875™—1.80
a27% a27 %
_*
__..100
:
._
Sep
.5 Va
218
15
a25% a28%
U%
a28 %
'.7- •.
vm'
^
3% July;
.
10_w
2,70Q
17%
.
•
I-..100-.
3
2.95
1.70
'"'*.1,400—
...;
■
Range since January 1
LQW
51%
2
3
Shares
34%
2.895
15
15
4—100
Corporation
vVorks vtc
Locomotive
Southern
V".
1,203
6%
11%
i Packard
I'.
July
3,507
37%
6 %
11%
American
i
for Week
High
4 Va
-
a
1
2
Corporation
Oil
of Prices
Low
Par
t?bmpany_
Corp common
Range
Sale Price
STOCKS—
''•*
Barker Bros
5%
Last
39
41%
37%
.
Socony-Vacuum Oil Co
Railway Co
Angeles Stock Exchange
;•
Y"'..;
Dec
4
North
Aug
*
41'/a
Corp
Stand San
&
North
;
Dec
Sales
Jan
24%
25c
Mining
Vultee
(Pure
Week's
Oct
Nov
Company
Rad
■Radio
Los
Dec
36%
37%
Stocks—
Montgomery Ward & Co,
New
York
Central RR
Nov
50
:
9%
37
5%
;
32%
Jan
39
41%
Pennsylvania Railroad Co
Cooler
Universal
Jan
34%
1,500
McKesson
Dec
*
-
29%
Oct
36Va Mar
91
37%
3%c
Loew's,
Nov
_
common
Dec
3 %c
Gold
Libby.
Dec
6%
35%
Apr
26%
433
VKennecott Copper
3% Julv
'
U
26%
Sep
32%
1.20
Interlake
Dec
35%
:
43%
Apr
1.10
Co
Int'l Nickel Co of Canada—
Nov
35%
3%
a
Investment
Union
■
Apr
30 Va
1,004
Apr
37%
;■•'■: ; ',15
a38
a
22%
V;
:—1
Goodrich
>
6%
common
32 Va
32%
Graham-Paige Motors Corp..———,1
Great Northern Ry Co pfd
—*
!
Timken-Detroit
223
3c
General Foods
Nov
..
6
32%
a37%
General Electric Co—
Dec
Apr
700
5%
1,413
a44%
10c
Electric
2% Julv
(750
3
26%
a41
Dec
Crown
2% Aug
Jan
Jan
Dec
a38
Jun
3
6%
2%
-
1
13%
1%
y-;;
Dec
11%
Jan
Curtiss-Wright Corp
31% Aug
Jan
9%
•:13%
6 %
6%
1
com
4
V.
13
1
•___
common.
class
4
15%
Jan
1
3c.
Continental
6% Aug
Aur
9
.
Jan
"3
7,840
Co—_—10
Mng
/Continental Motors Corp.
4 Va July
1%
•
Apr
10%
3,659
11%
6c
Commonwealth
Jun
Feb
911
•
2%
1
_
2
Pattern
24%
3%
951 i
Aug
27%
6%
T4& S-F Rv Co
Cons
Dec
Dec
4,625
2%
1
—
_„
10
Tube
3%
26%
480
,v:
42 Va
Nov
6%
Commonwealth Edison Co
Oct
2%
542
5%
common
Scotten-Dillon
Oct
1%
Jan
Jan
23%
47% May
10
4,000
Commercial
;
Dec
4
Jan
16
600
3
!
11%
...
common
(H W)
40c
Jan
May
1%
100
23%
Dec
Jan
1%
65c
500
30%
common
Peninsular
Standard
3
a
Wolverine
Simplicity
1,205
36 %
200
4,000
Class
common.
Car
Davis
Parker
24c
3,100
Jun
120
25%
—10
Columbia Gas & Electric Corp
1% July
«
Motor
Parke,
Sheller
4
1%
51%
41%
3c
Canadian
Dec
Jan
34,677
39c
23%
27%
Jan
3%
23%
Feb
IVa
1%
Dec
9
9c
Borden
Dec
2%
2%
_
.
1%
500
3 %
11% July
Jan
6
Gold
Bendix Aviation Corp
Sen
May
22%
Mar
26
25
Bethlehem Steel Corp..
Nov
8
1,350
1%
0
Motor Prod common.
1%
3 %
50c
common
4
32c
33c
1
common.,—:
Abrasive
Mid-West
3%
.;
■
s
Michigan
Rickel
941
1
Michigan Die Casting common
Packard
27%
1%
1
common
McClanahan Oil common
Park
27 Va
57c
48
8%
3Va
3c
Barnsdall
Aug
5,850
Oct
May
1,342
15%
5
—_
28
Oct
41
32%
—1
1
9
10
2
Steel Co__:
2,500
-
10%
14
a41
_1
—4
California—.
—
49%
12,505
35
11%
;
25
25
25
25
Inc
Nov
Jan
7
Sep
47
15%
_*
:
5%
5
8c
Baluwin
Jun
18 %
1%
600
.
25%
__—25
preferred—
Choller G & S Mng
Amer
Dec
Jan
1%
5%
a54% a54%
41%
^American Smelt & Refin Co___——*
1American Tel & Tel Co
,
:—100
Anaconda Copper Mining Co
-50
Armour**& Co (111)--——_
—.—5
Sep
12
1 Va
1
17%
49
35
.
Caterpillar Tractor Co—
Kinsel Drug Common
a
Aug
Dec
'
40
5%
a 49
32 Va
47
5%
Aviation
14%
:•
Dec
a
17%
5%
*
30
15
4
—1
Portland Cement pfd
Unlisted
'
class
Houdaille-Hershey
38%
'
1
Dec
65% July
Jan
19
100
17
15
..
13
16%
...2%
_
.
412
22%
22%
22%
10
common
9%
9%
.5
t
35
Co.——_.——10c
Zenda
1% Nov
64
1
—
Cons
Dec
7%
63%
Dec
Jan
Calif—
Calumet Gold Mines
Aug
4 Va
%
35
Jan
i.™
Inc
Jan
Jan
1
Jan
May
%
Company
Lines
48c
25c
30
a
Oct
1.75
•
30%
1,300
40 %
38%
—25
—_4
of
72 %c July
Sep
180
Corporation.—,
Juneau
Black
6% July
7%
64
34%
35
7%
6%
90c
Mammoth Cons Mng Co—_ 10c
Alaska
Jun
21
Jan
30c
9%
.
Jan
67%c Jan
701
29c
35
11%
•
400
10,870
1.65
456
Corporation
of
70c
1.50
Mining Stocks—
Oct
Dec
Jan
2%
Nov
855
17%
70c
8%
A
Co
Air
Yosemite
Dec
5%
17%
17%
Jan
92%
11% July
1
Hoskins Mfg common.
4
Nov
330
Jun
7%
10
___
Hall Lamp common™
15%
23%
10%
Corp—,
Western Pipe &
2% July
Jan
3 %
245
1
common.
Bear
3%
106
Dec
3
-
.
common
&
250
9
'
11%
1
common
common
Valley Brew common
Hoover Ball
3%
9%
-
Brewing
Jan
14%
_
common
Genera! Motors common
Goebel
12 Va
6
14%
..
335
20%
20%
1
_
14%
8%
'
*
common
Industries
Wood
General
_
common
Federal Motor Truck
Gar
20
common
Detroit-Mich Stove
Jun
7
8%
-10
common-
1 Va
91
91
1
common
1,300
3%
ft
_
Cleveland Nav
&
2%
13%
'•srf 'tW-w"''''
12%
.
common
Jan
2
.#
Machine
Adding
6%
Oil
Western
■
195
Jun
1
Corp_
Milling
Union
High
10%
15%
4
Transcontinental & West Air,
Range since January 1
High
10%
Baldwin Rubber common
Oct
143
al9 % a20%
47
—
Company
Transamenca
:■
•■
60c
—
Pacific
Oil
Oil
Taylor
■
Jan
Co
Corp
preferred
Sunray
for Week
30c
_______50
,
Calif. Gas Co.
Standard
Sales
Week's
300
38%
class B
preferred class C__
Southern
Last
41c
32 Va
preferred
6%
Friday
41c
common
Calif Edison Co Ltd
•5%%
Detroit Stock Exchange
14% Aug
47
Original preferred
6%
V
Oil
Aircraft
Southern
So.
Jan
38%
common...
Company
Union
Solar
Telephone: Randolph 5530
10
•
10
Co
Corp
Safeway Stores Inc
DETROIT
Ford Building
Oil
Oil
Aeronautical
Ryan
New York Curb Associate
>-%Chicago Stock Exchange
Co
Feb
24c
170
32
Corp
preferred
Ranch
Richfield
•>
Oil
Petroleum
Aug
500
___25
!
Lighting Corp common..
Republic
6
35c
350
1.60
—25
________
1st preferred
Jan
Aug
1%
4
13%
a20 %
25
common
6%' 1st preferred
July
25c
1
_____1
...
May
16 %
4
.1
___
Jan
33
Feb
8%
13%
Co._____.__10
Co
Mfg
92 %c
Sep
27
41c
.1
Menasco
Jun"
May
25c
—10c
Angeles Investment
Los
l?
__™1
Mascot Oil Company
.
275
——10c
...
Lincoln Petroleum Company
Aircraft
100
15
Dec
53
13%
1
...
Corp..
Company
85c
32
15
—J.-*
Co—'i—
Oct
50%
Apr
72 %c
85c
32
32
*
._i_.
Car
85c
1
Development Co-.™—;
Dec
15%
Jan
47
Jun
12%
Jan
38%
Jan
65 Va
Jan
Jan
10
Dec
14 Va
Jan
7%
261
50%
Pacific
1"
52%
50%
common
Pacific
Detroit Stock Exchange
64
120
5%
New York Stock Exchange
977
64
9%
Oct
510
Jan
785
13%
64
10
common.™
13%
40c
Mar
460
24
510
-
13%
1
570
Pacific
,
510
100
Radio
&
Dec
11% May
Jan
30c
12%
f :
Members
1,900
15%
Hudson
Feb
Watling, Lerchen & Co.
35c
12%
Lockheed
New York Central RR com.—:
1,052
35c
8%
15%
Paint
Honolulu
General Electric common,...
10
*
Holly
Enlisted—'
Addressograph-Multigraph
Bank..
Nat
Corp
10
Gladding, McBean & Co-—
1.™™*
Goodyear Tire & Rubber Co- com
0
Hancock Oil
Co A r common..
_——4
Oct
-
;
High
14%
11% Aug
1
Equipment Co.
Television
Motors
General
42% July
40%
&
Merchants
Farnsworth
8% July
2% Oct
,
38%
sVjvv r;
Youngstown Sheet & Tube———™*
Oil Co Ltd class A
Farmers
2%
_i
.
Warren
Derrick
Low
412
14%
14%
—4
Exeter
Range Since January 1
Hiah
14%
5
Corp
Emsco
Feb
Jan
32%
538
41
40
40
25
Standard Oil of Ohio-
I
2V8
•
Products
Electrical
Shares
of Prices
Low
Par
High
Low
Sales
for Week
Range
Last
Sale Price
STOCKS
Range Since January 1
■
High
2
*'j\- ~i~
A
Shares
of Prices
Week's
Friday
for Week
Range
East
■
ENDING DECEMBER 15
Saleo
Week's
0
Monday, December 18, 1944
CHRONICLE
THE COMMERCIAL & FINANCIAL
2680
OTHER STOCK EXCHANGES
RANGE
FOR
WEEK
ENDING
DECEMBER 15
Friday
Sales
for Week
Week's
■
Philadelphia Stock Exchange
Friday
•
y'V'v', :/
■
Week's
Range
-
Last
Company
Autocar
Works v t c
Baldwin Locomotive
Corp. pfd—
Bankers Securities
(E G)
Budd
Wheel
Co
Pub Co
Pennsylvania Salt new com
.
Philadelphia Electric Co common
$1
preference common
.
4.40%
preferred —.———
Phila Elec Pow 8% pfd
Corp
Philco
Co common
preferred ;
Reading
1st
preferred
2nd
Reo
Motors
Sun
;
—.
Preferred
10
Apr
11
94%
Corp
43%
44%
440
39 Vs
Apr
Westmoreland
Inc
Westmoreland
Coal
63%
64%
1,801
Feb
66
jj-
25
12 p
Mar
5
1.307
40%
11
13% May :
!
35
22%
575
3
Feb
11%
12'A
1,433
8%
Jan
12%
Oct
6%
578
4%
Sep
7 %
Mar
7'A
5%
:
;
5%
■:
4.601
6V8
33
3G%
21%
26%
29 %
33%
%
1%
__
1%
23%
116
101
150
30% May
35%
Oct
375
21 y8
31%
Dec
Harbison
Phone
Oct
26%
Chicago Board of Trade
25%
Jan
2034
Jan
16
Feb
Dec
32%
Jan
39%
Jan
35
Dec
11%
Jun
St. Louis Stock
Dec
27%
28
$
15%
68%
Jun
53%
22
Last
STOCKS—
Sep
% Oct
1% Mar
%
2*
Shoe
Brown
Jan
883
1% July
Jan
% 1
2,864
31%
Apr
41%
3.716
11%
Oct
A
51
15
Jan
Feb
720
5%
Jun
13%
250
11%
Jan
13%
Brewing com—*
36%
36%
36%
10
28
Feb
36%
Dec
10%
10%
14
Jan
11%
Aug
Hussmann-Ligonier common
47%
6
0
5
100
—
Huttig S & D common
Pressed Brick pfd—
Hydraulic
for Week
28%
28%
13%
National
Range since January 1
National
Apr
29 % July
Rice-Stix
6%
Sep
13%
Scruggs-V-B
Jan
16
13
25
Dec
39%
40%
8%
431
3%
Dec
18%
100
14%
Feb
5%
200
3%
Jan
18%
18%
18%
110
15%
Apr
Friday
:
4
5
5
Jun
8%
5
Apr
10%
17%
10
13
Apr
50
12
Feb
18
20
28
17%
17%
.
7%
Acme
15c
98
St
20% July
FOR
Pub
Louis
1
Mines
Astoria Quebec
;
Ltd
Aubelle Mines
1st
Serv
Gold
Mines
—
2%
mtge
class
42%
150
32
Jan
17
50
11
Jan
27
27
115
17
Mar
27
Oct
10%
10%
1
Nov
12
July
34
34%
145
31
Jan
35% Nov
100% 100%
$1,000
97%
Feb
101% Sep
.
34%
5s„_ 1959
,
44
i:
Mar
-
9%
18%
.
Oct
,
.
Shares
Low
100
6%
33
33%
13%
166
11
10%
11
Nov
893
'
Oct
11%
14
;
High
8% July
Oct
32
430
165
5%
44J
13%
—
70
*
*
Range Since January 1
High
6%
33%
13%
for Week
Range
of Prices
Low
i—-*
——-
Sales
Week's
Last
:
Sale Price
^
A
B
Class
1,350
2,650
27
Apr
125
55
58
Jan
9c
3,500
15c 16 %c
27,500
52%
125
14c
Oct
7c
15c
i
33c
Apr
j
May
July
100
785
84
Sep
100
125
96"
Jan
101%
Dec
36,121
58 %c
Feb
80c
Dec
80c
77c
•7.25
7.25
78c
1,000
600
9%c
10c
26c
55c
Jan
Dec
7c
Oct
18 %c
Nov
58c
Mar
%c
4,600
8%c
Jan
34
Oct
13%
46c
116,300
37c
Oct
85c
93c
33,500
28c
Apr
1.04 May
3.65
3.60
3.70
1,050
Jan
Old
4.40 July
18c 19
•
3.20
New
Car
95
14%
8%
95
14% '
8%
45
44
"
common
16%
'
—
Oct
45
Celanese
Canadian
600
194
<
18%
12
Industrial
Canadian
15%
-
Dec
40%
,f
Sep
8% Mar
45
Jan
Mar
1,565
8%
Jan
16%
Dec
60
22%
Jan
25%
Dec
590
Jan
18%
46
46%
21
19
22%
1,485
43
49
75
6%
6%
12
285
•
—__1*
425
Locomotive
97
Jan
16%
28%
27%
;
Canadian
Feb
5
25%
46
Food Products
July
Dec
16
28
Dredge
Dec
6
Sep
•
71 '
Aug
14%
2,750
•
common
Canadian
91
40%
Oct
25
20
*
*
common
12% Mar
Jan
5
10
Nov
'
18%
12
23%
28
Foundry
preferred
preferred
31%
;65
330,
—————25
25
&
Canadian
t
14%
8%
•
preferred
Canadian
71 %c Aug
83c
•
common..
....
Canners
5%
38
168
Jan
0% Jan
105
5%
145
902
70
100
10
1st preferred
Conv
31 %c July
39c
Preferred
40 %
70
40
—*
common.
—
Bank Commerce new
Canadian
Canadian
Apr
26c
i
34 %c July
500
Bakeries
1 Canadian Breweries
1.18 Aug
16 %c
5,000
26c
8.05 July
5.75 May
800
75c
17 %c 17 %c
j
.*
A—*
Preferred
Dec
100 101%
96 %
Canada Wire & Cable Class
Canadian
'
50
Preferred
Nov
Nov
Mortgage——100
Steamship Lines common—"
Permanent
Canada
Canada
4%. July
Apr
3%
*
1
1
Packers
Canada
High
Low
48%
18c
40c
1
Aumaque Gold Mines
Aunor
r-
1
.
—
Nov
17
15
J Canada Northern Power—;
Range since January 1
Shares
3
—
75c
-1
Armistice Gold
22
Apr
ENDING DECEMBER 15
for Week
v
115
9%c
Mines
Gold
Arjon
Nov
Jun
16
MARKETS
LISTED
WEEK
.
46%
77c
common
Dec
17%
15
'
'"It
.
'/'vV-' V.':c
High
8c
*
Aluminum Co. of Canada 5%
pfd._100
Anglo Canadian Oil
*
Anglo Huronian Ltd.
*
Aquarius Porcupine Gold
-1
Area Gold Mines Ltd
1
Ltd
Aluminium
28
12% May
10
40
100
22
*
STOCKS—
--
Copper
Aldermac
Dec
Jun
'
48
—*
Oct
17'A
23
:
42%
-
Par
of Prices
3 ■>.:
*
Dec
22
i
--
—5
Inc common
Bonds—
Sep
Sales
Week's
Low
-10°
-100
Sep
705
204
27%
*
Goods'com.
Dry
Exchange
Range
Last
Sale Price
Par
——
Dec
43
17%
17%
—25
Canadian Funds
Power & Paper common
Dec
24
Jan
9%
18%, .Dec
5%
3%
Toronto Stock
preferred
preferred
Gas &
Oil
14'%
Jan
35%
50
10%
7%
Friday
6.%
Jan
7
263
'
10
8%
Supply com
Wagner Electric common—
4%. Oct
18%
RANGE
Abitibi
110
»•:
15
22
40
6%
•
14%
_*
Scullin Steel common
July
5%
■
"
Nov
High
24Vb
230
'
22
*
Portland Cement com
25
Bearing Metals common—*
Candy common
*
Missouri
135
13 %
%
10%
*
Midwest Piping &
Lew
% July
14
6%
13%
Landis Machine common.—
Shares
Dec
8
47%
6%
13%
common..
Griesedieck-Western
28 Vs July
High
49
Jan
40
1
High
Low
High
10
—5
—
Co
Brewing
Low
Range since January
Shares
of Prices
Sale Price
Dec
15% July
21
Sep
22%
45
200
common
Electric
Century
Sales
for Week
Range
Par
Jun
Exchange
Week's
Friday
Aug
1% Aug
U May
1,306
15%
SL 593
36% July
Range
15%
Bell Teletype
Oct
34%
Week's
28%
*
New York Curb Exchange Associate
Oct
215
of Prices
CEntral 7(500
Associate Member Chicago Mercantile Exchange
Sales
Low
'
.
f./Oi'/
Chicago Stock Exch.
56
2d
1
Members
Jan
120
Aug
'"/'V/v
St., St. Louis 2, Missouri
Nov
230
13%
20%
20%
25
—
4th
22
128
5
North
300
38%
Dec
Jan
v:
Jones & Co.
St. Louis Stock Exchange
CANADIAN
STOCKS—
Apr
and Unlisted Securities
New York Stock Exchange
28%
673
I74
13
13%
,—
Refractories—
Walker
10
Established 1871
Dec
90
1
1%
39% 41 /b
1
1
—
Aug
31%
Dec
629
39"%
35
14%
57%.. 58
% '; 1
—
®
Brewing
Oct
Dec
9%
11
343/4
Nov
33
18% May
1.299
29%
34%
20%
19%
39%
34%
14%
Sale Price
Brewing
Feb
29%
7%
Jan
36 %
760
6.800
117% 118
Co
Pitt
Jan
6%
343^
6%
Apr
Jan
,V 26
5.565
36%
20V4
25%
.
5%
4%
1,195
7%
31%
Par
Duquesne
3%
142
■>
31
7
■
Last
Port
2,400
Jun
16
'
34%
9%
Edward D
Dec
4%
Friday
Byers (A M) common———Columbia Gas & Electric common
8%
Dec
6%
:
;
May
•
;
St. Louis Listed
Dec
4%
v;
Jan
21%
58
*
Feb
4%
10
200
Ju'y
Pittsburgh Stock Exchange
Ludlum Steel
8%
8%
125%
Jan
95
169
240
g
15%
10
Laclede-Christy Clay Products com—5
Laclede
Steel
common—
—20
Allegheny
57/8
5%
*
Brake
Air
Key Co common
Blaw-Knox
2.388
1%
123% 125%
125V4
Nov
Nov
Aug
Jan..
1
Springs—
International Shoe common
STOCKS—
1%
50c
10
2
Jan
6%
■V
3,262
10
:
Sep
16% Aug
/
4%
—
-13%
—--—10
—■—20
——-—
>■
—*
High
11
-
Jun
7%
158
Sep
62 %
Apr
21%
40%
——.—
3%
,
10%
47 % July
51%
,
•
common
preferred
United Gas Improvement
Jo
Range Since January 1
.
Low
•
Oct
7%
78%
2,045
20%
39%
35
$3
10%
_10
Alloys Steel
Westinghouse
Columbia
United
Shares
High
Jun
Jan
SJ
285
15%
—
—-—25
".
Supply—
Steel
Vanadium
100
glVs
26
„:
29%
1
25
Low
10
Fireproofing Corp
Standard
Dec
58%
36V2
*
Mining
—i
Transit Invest Corp common
Par
.
12% July
92%
33
1
Oil
32%
7%
6'%
—50
Tonopah
Jan
12%
6%
100
25
8
---50
—50
—
-
Apr
5%
4%
,•
10
•
*
*
21%
640
43%
64%
-1
50
Pennsylvania RR
188
ny8
15%
*
& Light
32 %
10
Light————13/a
Pennroad Corp
Dec
9%
58%
9%
RR——-----------50
National Power
Dec
57%
90%
58 vs
*
General Motors
1®
Gimbel Brothers
:
:
——*
Jacobs Aircraft Engine Co:——/-ILehigh Coal & Navigation
*
Lehigh Valley
26%
10
y1'8
Battery
Storage
50
Range
Sale Price ,? of Prices
Gas—
Fuel
V
Last
-
"y"
Pittsburgh Plate Glass
——25
Pittsburgh Screw & Bolt Corp——*
Ruud Mfg —
5Shamrock Oil & Gas common
l'S
15% Nov
18
Apr
34% Feb
342
v
1
.
National
Dec
10%
v'
—-
Power &
Delaware
Electric
166%
Dec
14%
6
■
Star
Mountain
High
Jan
29%
.
common
preferred
156
v
• '
STOCKS—
19 % July
Jan
147/s
106
1.167
32 Vs
®
Chrysler Corp
Prior
26%
—
*
*
Mfg Co common
Curtis
—
10
Corp
Asphalt
Barber
Budd
Low
17%
16%
i65
Range since January 1
Shares
164% 166%
14% 14%
25 % 26%
57% 57%
__
100
—5c
13
50
Tel & Tel
American
.:
Lone
High
Low
Par
American Stores
Sales
for Week
•
of Prices
Sale Price
STOCKS—
„/ /:
18
11
-
8
4,580
465
Dec
Nov
28
Jan
35%
Jan
15
47
-Jun
44
:
-
Jan
24%
•
Dec
12
29
Apr
25%
20
,
-
Mar
Dec
23%
Dec
Mar
ei
Jun
Jan
6% July
71
July
.
Bankfield Consol Mines——i.—
Montreal
of
Bank
new
Scotia new—
Bank of Toronto———
Bank
of
Nova
Bread
Barkers
common—
Metals Mining
Base
Bathurst
class
Power
Radium
Exploration &
Bear
A—
Beattie Gold Mines Ltd_
6,200
17%
620
15%
Oct
18%
28%
175
26
Sep
30
•25
26
Oct
29
29
29
13%c
common
Bobjo Mines Ltd
Bonetal Gold;.Mines
Ltd
Mimes,
Bralorne
i
_i
32
&
Brewers
.
12c
;
Britl.sh
American
British
Columbia Packers—
On
13c
4,500
14c 16 %c
10,614
14%
22
22%
8%
*
23%
24
20 %
Jan
14%
Sep
Sep
24%
Jun
8% Aug
8%
Nov
Mar
22
24
27
Oct
19
21
290
68c
43,400
61c
Oct
75c
10,200
70c
Mar
Columbia Power class A
,*
British
Dominion
Oil
•
62c
62c
1
73c
73c
Mines
•
5.25
5.00
5.30
1,100
3.55
Gold Mines
•
8%c
9%c
35,600
5 Vac
Sep
•
18%
19
470
15%
Jan
Porcupine
Buffalo
Ankerite
Buffalo
Canadian
Building
Mines,
Gold
Products
Ltd
24%
Ltd
Bunker Hill Extension Mines
Calgary
&
Bird
Canada
Class
Mines
Bread
A
3%c
3%C
10%
11
•V
3c
900
85
v
-
8%
Sep
Jun
Corp Ltd
Coniagas
21
10
1.02
2.13
1.04
2.675
2.20
Jan
13%c 13%c
3,500
and
——1
Mines
1
^
common——.
Co
Mines
Mines—
Consolidated
—^^
9%
5c
11
Consumers Gas (Toronto)
Jan
July
Jun
July
2.24 Mar
,
Preferred
18c
May
25c
July
Dome
1,580
4c
Nov
9%c
Apr
Dominion Bank new
6%
6%
7.
Aug
Dominion
Coal
112
112
112
Dec
Dominion
——i
9
9%
Dec
Dominion
Foundries & Steel
Dec
Dominion
Malting common
Malting
9Vs
100
117%
•
116% 117%
50
50
2,071
10
100
6 %
103
43%
Jan
9%
May
117%
Jan
2.83
53
Aug
Mines
Pi-eferred
———
preferred.
——;
Feb
22
Feb
1.26
-90c
1.62
8%c
page
21c
Jan
94
Mar
105
3% May
17c
4%
Jan
1.15
48c
Sep
1.72
Jun
May
Oct
Jan
Mar
Feb
1.26 Mar
2.00 July
1.57
200
3.30
Jun
11%- Jan:
15
■'
5*''Dec
25
Sep
14
1
July
51c
"7
Vic Jan'
! Nov
May
5
38c
Dec
Dec
1.35
1.41
75
1,15
Jun
1.75
505
1.33
Jun
2.20 Julv
15%
51
14%
Oct
115
25%
17%
1,365
38 % Jan
•
7
'
\
Sep
Aug
16
July
55% July
!
118
6,840
15
128
Jan
149%
Dec
Oct
2.84
July
21
May
24%
5
Jun
90c
345
11%
Oct
Dec
42
Mar
115
2-5
106% May
115
Dec
26
18
735
24%
Oct
31% July
125
17%
Oct
19%
12
Sep
7
July
13% July
10% Dec
12%
10%
24%
25%
15
15%
100
100
35
13
10%
<•
May
33% Mar
—
*
•
1,610
10%
com..25 %
75
,-v
147 149%
1.17
23%
10% 11%
4014
42
11>
41%
5
700-
1.03
23%
—
—
29c
1,100
vioo
%1,540
21%
Apr
50
13%
Sep
98
Nov
;•
.
.40
,
•
For; footnotes see
2.50
Jan
Jan
Nov.
Aug
15%
50
26
18
.—100
18%
Jul"
July
1.35
1.41
—
—25
14
38c
7
38c
7
J.35
,1.41..
—100
Ltd
85c
21%
10%*Jan ;
14,550
943
Jan
Apr
18% May
35,718
28,294
-
60o
.
-—
,
•
50
1.500
13%
12%
, 45c
44c48%c
5 :>:
5
5
———.10
Dairies' common^
4% May
109Va May-
10
.
.
147
2,795
300.
,
1.17
16,600
V
1.45
2.83
—
.*
Imperial Mills.
—...—*
Dairy Corp common
*
Distillers
Seagrams
common..
*
5c
.
1.40
100
t
Cosmos
24c
•
common
L—
—5
•
Conwest Exploration
1.90
'
33/4
30c
1.54
1.45
3.05
13%
28c
1.35
—
•
2
2,050
1
6.20 July
21
5c
.
3%
T
100
Bakeries of Canada,
*
15%
Mining & Smelting..—5 ,..50%
24c
*
100
—
^
*
Ltd———1—1
1.80
_100
—
p'7
Terminals preferred..'
24c
Jun
'
1.02
2.13
13%c
.
*
1.88
1.70
,
———1
Executor——.100
Co.;
National
Consolidated
21
1,095
—I
Gold
—.——
Coniaurum
Jan
~
Preferred
21
_*
—_i
—
—v:
Canada Cement
Canada.
—
___i
Edmonton
Calmont Oils
Camp
^*
*
Burlington Steel Co
Jan
*
Plow
Collingswood
1.40 May
98c
15,196
Commonwealth Petroleum
"
Brovlan
13%
Research*"....
Lake
Conduits
July
British
12%
1
Chestervllle Larder Lake Gold Mines—1
Chromium Mining & Smelting.
*
Cochenour Wlllans Gold Mines
1
Coin
Dec
Jan
21
13%
Trust
Cockshutt
Apr
11%
165
;
17% C.Aug
28 % c
20
1,396
25
Feb
Dec
25
Ry
Chateau Gai Wines
Jan
10
60
—
.
Central Porcupine Mines.—
Nov
67c
14c
210
24%
23%
♦
22%
Aug
20
Patricia
Chemical
5Vb
110
71
70c
Pacific
Chartered
6% V'
;
20
''
Nov
July
*
*
•
Tretheway
Castle
Central
Nov
165
6%c Mar
2,490
8%
33
Apr
9% May
210
22%
8%
5
2.45 Jan
7
512
14 %
„
22c
70,115
7%
Sep
Jan
21%
151
150
43c
7
1
1
*
,
Distillers
20%
36c
2.89 July
A
70
70c
Oils
Canadian Wirebound Boxes
16% Mar
Jan
com
Malartic
Canadian
24 %c July
Feb
1.31
200
361
Jan
36c
10,629
160 V2 162%
Sep
Dec
Dec
Alcohol
common.————20
Canadian
Canadian
Oct
13%
PS
31,650
.1.70
3%
May
Sep
10c
J- " 5,900
14
1.75
20%
Brazilian Traction Light & Pwr com—•
2%
180
1.60
40c
7%
Gold
Corp
v
1.65
31%
1
L.—*
Kirkinnd
3%
13 %c 13 %c
1.70
1.65
"
162%
Ribbon
29
14
*
Bideood
>
3%
100
5
Bertram & Sons
Blue
12c
17
—
17%
of Canada—
Bell Telephone
Sep
11c
28%
1
—10
10
——10
—_—.*
—*
*
1
z.—_1
Brothers Class A—
Beatty
10%
24
2683.
I
Sen
26% Aug
15%
100
Dec
Dec
Volume
CANADIAN
Investments com__l
i—■_
--50
Scottish
2V8
—
37 %
8
.
7%
Dominion Stores-—*.—
*
14%
;• 14%
Dominion Tar & Chemical common—*
.
v 13 ,>: '
12
Dominion Woollens common:.
—8'/a
7%
Donalda Mines —i——-1
1-20
1.18
Preferred
.
•
v.if •'^
v
,
East
Malartic Mines———
Eastern
East
Sullivan Mines;..-—
12
Class
B
Insurance---——_—Z5
Life
•
Dec
13%
Dec
5,410
13 %
Dec
9
7c
1.44
Dec
32
% Jan
Member Montreal Curb Market
7,780
Jan
1.66
■
63 %c Aug
36'c
Oct
1,725
8
Apr
29
22
Jan
38%
Aug
22
—•
,_1
0
Federal Grain common
Preferred
Aircraft
Ford
Gold
Francoeur
Co's
Fraser
13
3
Jan
5
Nov
65
6
Feb
10
Sep
Gatineau
Power
0
common
—
—————1
Mines
Mining
4c
__
__
10c
——*
Mines
Cotton
—
Hard
Gold
Harricann
1
1
Hunts Ltd
Class
class A__
B
;
Inspiration Min & Devel
Preferred
1
Preferred A
pfd
Jacola Mines
4%
66c
Dec
Dec
Cadillac
Mines
Mines
Hudson
Labrador
Bay Mines—
Mining
& Exploration
Gold
Oct
Powell
July
Dec
Pressed
East
Lake
Mines.
Shore
Gold
Ltd
13
May
July
3.70 Mar
..
5c
July
32
July
Mar
21
Jun
22
Feb
Gold
Roche
r
Nov
660
15
Jan
160
99
May
Sep
Jan
13% July
60
9%
Jan
14
Dec
200
6%
Jan
9
July
1,100
54 %c
Feb
A
Lang & Sons
L'auru Secord Candy--,
Corporation
Lawrence
Class
Gold
1.00
Jun
25% July
106
Oct
106% Aug
97% May
Lebel
Mines
Oro
113
Dec
Sherritt-Gordon
Sigma Mines
Silverwood
Leitch Gold Mines,
Class
B
Apr
23
24c
May
Jan
South End Petroleum
Nov
Jan
Preferred
(N)
1,935
3c
Apr
600
23c
Jan
41c
Jun
Springer
1,000
4%c Jun
8c
Aug
Standard
11%
2,282
8.75 May
12%
80c
Apr
90c
Jan
-i-il
Goldfields
NOV
July
1.20 Julv
3.50
1.51 May
Jun
80c
Jan
2.75 July
14%
Jan
207/8 July
5.70
Jun
6.75 Julv
14
May
16%
Nov
13%
Jan
17
Jan
6%c
Jan
1.03
Apr
u1.45 July
•
Madsen
Red
Lake
Gold
Malartic
'
1.60
Sep
Preferred
*
-
:,_1
9c
,
common
common——0
22
,
.
Segurs-
5
McKenzie
1
Lake
Mines
Mines—
.
Gold
Gold
Mines
&
*
Knitting preferred
Porcupine
Montreal Light Heat & Power
Grocers
Preferred
For
1
;
Thompson-Lund Mark Gold Mines
Dec
1,400
24
91
45
23
59%
21c
_9.__
Co : common—,
0
__
•
—-^^.,^.,.^^0
M
,
-
4,500
' 5c
9%
,
,107
z
Elevators
29%
33%
1,245
113% 114%
575
34%
67c
55c
:
8.75
see^page'2683. *~T'r"
15
Oct
Apr
10
Dec
46%
Dec
Apr
66c
8%
25
12
33%
Apr
105%
Jan
14,295
42c
115
Apr
5,700
71c
57c
46c
Oct
77c
22%
175
20%
Jan
23
2%c
2%c
500
2%c
Dec
1.27
3,700
65c
Jan
1.25
1.25
0
—
34
69 %
2.48
22c
Mar
1.70
3%
3%
100
2%
Jan
5
14%
100
10%
Jan
15
7%
8
225
5%
Jan
34
34
25
23%
Feb
Sep
8% May
68
69%
61
Jan
Dec
70
76
65
68%
Jan
77
2.48
2.60
29,633
2.04
Jan
21c
23c
5,000
15c
:
•
'
280
Jun
July
34
75
•
Jan
Mar
5c
14%
__
Dee
July
,
1.25 July
55c
Nov
Jun
4.40
27c
May
Aug
July
7 %c Mar
-1
—
5c
5c
2,500
4%c
Jun
1.60
1.58
1.65
23,410
1.25
Oct
1.94 July
2.50
2.49
2.56
1,575
1.96
Apr
2.90
0
I
0
0
16%
3.50
49c
16%
17
50
3.50
3.60
3,435
8c
Jun
43c
49c
Finance
class A
85
145
110
Oct
29%
29%
35
24
Jun
30
Aug
; 54
10
52%
Apr
54%
Nov
100
500
19%
15
100
5
88% Mar
16
5
12%
109
19%'
100
*
1-30
88c
1.35
*
9
8%
9
United
Fuel
class
Class B
50
A
-
—
United
Dec
Upper Canada Mines Ltd
Oils
:
Steel
0
—
45 %
1
45-
10c
4%
45 %
120
2.33
12c ii);
6c
4%! So
2.33
2.43%*
Ventures, Ltd.
Vnrmilata
Apr
Vulcan
15c
Mar
40 %c
2.24
74%
36c
Jan
Mar
:
Sep
May
Oct
Waite-Amulet
Mines,
Walker-Gooderham
Dec
101 :i''<NOV
»M6
t
'-Dec
i'il.35 ;'Dec
11%' ev;
9c
llc%r
36,800
20c'av
800
Dec
West
Worts
Western
Dec
Dec
com
Gold
t\' "®ec
Jan
8
Dec
Feb
5
%'#■' Jun
4
Oct
3
X
1.6 6''Jan
6%'Nov
VI 2c
Oct
r
>0.
13% July
6.00 Jan
6C
Dec
£85% July
V?cr2.96
19c
Aug
Jan
24c
Mar
'
17d
■
May
Flour
—!
New
Westons
73%
4.50
Jan
75
745
57%
Feb
335
20 V2 Mar
4.75"'.',
4,420
5.45 July
78
Nov
22 %
Nov
Mills
com
Dec
21 Va
21%
21%
1.24
1.22
1.40
50,100
60c
Aug
1.44
1.20
1.20
1.30
10,400
80c
Oct
2.00
Sep
7
7%
1,200
4% July
7%
Dec
7%
7%
1,110
6
8
Dec
0
7%
,__
Ltd
95%
660
Jan
95 %
41%
845'
Nov
41%
Dec
18%
18 %
430
■•P.-15
Jan
20%
Nov
105 %
105 % 105%
526
"i 104
Feb
108
Sep
100%;,
100 Va 100V2
60
I:;10G%
Dec
100 %
Dec
95
•
41%
18%
100
preferred
common
73
9%
Jan
13 %
Dec
Freferred
1.655
27 */2
Sep
2y
Sep
New preferred
—
...
Nov
41 %
100
Preferred
Sep
4.60
74
1
—
Canada
New common
Aug
4.75
0
i
Mines...
Malartic
Jun
33c
2,259
9
0 48
•
99c
59%
32%
;
.
11
•
Ltd
&
Preferred
91
2%
Mar
Aug
».1V I.
Lake
23%
14,650
20c
9c
———1
Wasa
Jan
NOV
•
1
-
July
Apr
1.50
Oils
Oils
Dec
24
Apr
19%
6%1 Jan
46,925 '
687''
s'Ok
-
Nov
1.75 May
35c
Apr
40c
75
6%
3%
July
Nov
15
Dec
Mar
Jan
Sep
0V1
6
25
0
United
Sep
1.80
14
111
15c
7,130
Co..
55c
59c
112%
13
524,150
Union Gas
7%c
Jan
Jan
85
110
22 %c 22 %c
Transcontinental Resources
Sep
Oct
Nov
13
Jan
13
100
—
22 %c
rights
3%c Aug
6
Aug
Jun
54
29 %
__i_
A
79c
111
16
100'
Sep
4.00 Julv
Apr
8%
July
12%
-
50
12c
17c
3.20
38c
10,500
17
Nov
111
:
100
'"
63
15
94
75
'•39%
M.CCf
footnotes
Sep
Jan
10
54
13%
1.10
21%
0
common
Jun
Oct
1%'*
13
28y,
;•
Jan
18%
79
-
Apr
102
Jun
May
20c
2,100
"
13
V>22
46%
24c
1
.9y2
6%
■
Feb
Jan
July
674
23 %
21c
'
88
450
13%
1.10
Oct
1,770
22%
59%
59%
11c
7%
> 1.34 May
24
•
,v
19%
'9.460
20,500
2.00
55c
,
.55% May
90
53c
Preferred
"
4%c Apr
290
15
0
__i
:
common,
7,500 s
..
1.97
10
46%
Dec
24
__100
common
Mosher Long Lac
Muirheads Cafeterias
8cr>(;l
10
12%
19%
30""
July
'46
A
705
Dec
9c
46
Preferred
90
53 %c
common..
Monarch
National
1.97
♦
Containers
„6q,%
ooi
Jan
50c
18
Jan
Ded
Jan
15,600
■15%q^..17%c
25c ,>23%C.r 31c •
26,100
480
13% .,;i'3%% 13% ';;.
42,500
17%c .l'7c 18V4c
lGVaC
—9
Gas—;
Moneta
Corp
%
—0
Oil
Mining Corp
Moore
8 / 8% nqj
'^106 jt06%
Dec
July
Jun
%
30c
92c
3c
.
2%c
-
12%
4.25
y2,605
13% May
2,000
Sep
Mar
Jun
Oct
9%c^2 2^,620
8% ,,% yynsy
1,649
5c
10c
5c
Feb
3.25
l%c Mar
12,000
|59% ooi
1.45 >('>2.'45^r 1.50.(,t;
6%c f(T6Vaq' 6%c t
1
Mercury Mills
Mid-Continental
—
Preferred
Jan.
5% Apr
12%%%' 12,262"'
Feb
19%^y > 765;> >13
57%
1
Lake
Red
8%'
—100
Melntyre Porcupine Mines
Red
7V2c
%; 8% '
%' 21 Va
>106%
%—?.:%■
—'
McLellan Gold
19
__
20
m5eferred
10%
11%
10
common
19,600
is
Jun
Oct
Traders
9,200
32c
4.45
90c
Sep
3.40
11,025
30c
Oct
Jun
61c
2.42
2c
1,500
3.40
800
Jan
3.55
8c
Oct
22
8 Oo
1.60
2,29
1,466
Apr
13,650
Towagmac Exploration —_____.1
3.35
4.25
Jan
3%
Apr
13
72c
Toronto General Trusts
2.15
2%
120
12%
Sep
l%c
5c
2%c Sep
100
12
2.95
2c
3,500
3
.
67c
4.50 July
3.40
2%c
19%
3
1.10
2.12 May
2.18 "
29% July
12
36,940
1
McCbll' Frontenac Oil
Modern
TecK-Hughes Gold Mines
Toronto
•
i'Preferred
McWatters
common
,2, 1.09
1
—
Massey-Harris
McMarmac
Ltd
Oct
Mines
Gold
Mait'algo Mines
MdDougall
Tamblyn
58c
2,475
Jan
—1
Sylvanite Gold Mines.-
Tip Top Tailors common
v
19%
1
.•
Mines
'V'i8% Sep
,126% Nov
2.71
385
72c
—-1
Mines—
Cons
Jan
Fields.
Maple Leaf Milling Co
.
Contract
Feb
3.95
Sep
Feb
29
1.10
-—0
Sturgeon River Gold Mines..
Sud
Sullivan
Jan
2.15
16
21%
5c
114'/8
—
22'/a
3.75
Sep
17%
32c
17%
0
com—:*
Steep Rock Iron Mines
90c
;
Aug
Oct
8c
25
21%
2.26'
Nov
0
common^
145
3.80
Jan
6c
21c
14%
4.10
'
<
35c
18
•
18%
■vis
19
*
Canada
545
1
;
Feb
Jan
64c
760
2%c
2%c
v
0
Brothers
of
Co
9,000
Manitoba & Eastern Mines
.
Stedman
Steel
28
—1
Aug
1.25
17'/8c Jan
July
260
28
—
1.28
•
Ltd
Mines,
MacLeod-Cocicsnutt Gold Mines
44c
Nov
2c
21,950
2.92
Jan
20
28
——0
Radio
'26 %
1.01
2.32
Nov
15 %
20
100
Preferred
'
Macassa
Standard
26
92c
15
Jan
'
0
Sturgeon
Paving & Materials
1.15
v
Jun
—
27%
92c
52c
1
1.15
::
May
6%
20
27%
Lf.
35c
v
15
19%
.1
26 Va
•
A—
33,200
40c 46%c
__
—0
Mines
•
Gold Mines Ltd—
Groceterias, class
Class "B"
Louvicourt
30c
3,825
Apr
:
Co
—•
Little Long Lac
Loblaw
200
9,700
1.15
Jun
7c
Mines
Malartic
Slater
31c
1.12
Aug
4c
-
.
1
———
Gold
Siscoe
Sladen
11%
%
20c
500
5,700
0
Feb
63c
-1.12
500
5c
10c
—
5c
1.10
1
Ltd_
25c
5c
10c
365-
-
'
19%
405
25c
10c
42c
Mines
...
4,080
22,000
25c
0
1
50c
A—
2,000
16%
4,500
common
class
21
4%c
21c
i
-
—
Ltd
10c
16
19 %C
1
0
Mines..
Gold
37%
3%c
Jan
—
Dairies
Preferred
Simpsons
5%c
—
75c
-
Mar
89c
t
1
Gold
Creek
Sheep
31c
•
17,467
1
Apr
63c
1
1.08
.
1
Gold Mining
Mar
1.02
3
—
——
99c
Senator Rouyn. Ltd
28
50
99c
Mining.
108
16
Sep
Gold Mines Ltd
45
16
25c
50
San Antonio
6%c
•
Jun
July
3,100
common
A
514c
0
Feb
7%
1.65
-3,450
St Anthony Gold Mines
St
1,325
180
4.50 Aug
,,1.73
.
Nov
31c
0
Shawkey
1,000
Nov
5%
2.55
—10
Shawinigan Water & Power..
5,550
2,200
90c
30c
Inc..
19%
6.30
1.20
1
Russell Industries common
15 % July
1.50
1.11
1
10
Oct
17%
155
1
Apr
17
100
6%
2.45
—
17%
6.20
1.00
6%
3.05 July
Jan
.30c
—
12%
1.40
1.00
1
Ltd
Mines
Long Lac.—
330
106
__
2.08 May
0
4,066
2314
6.20
1.84
1,600
2.48
Reeves-Macdonald Mines.
Reno
Sand River
23
105%
1.40
3,710
May
42c
63c
1
3,650
4.35
14%
Mining
Rouyn Merger Gold Mines
1.07
*
Mines
1.15
2.46
4.15
-I
Royal Bank new
Royalite Oil Co
1914
13%
12%
14
7%
76c
1
Lake Dufault Mines Ltd
Lam ague
1.35 July
Mar
1.10
2.45
Dec
1
Sep
19
13%
12%
' 1 14
7%
75c
2.40
5%
14
Mines
Dec
26% Mar
3,900
83c
1.10
4.15
Oct
10c
44 %c July
Jun
14
Mines
Dec
1,135
5
4
1
64c
10%
Jan
Jan
July
1
Dome
Mica
14 %c
1
America
Metals of
18 %
Sep
2,645
75
Dec
July
6%
1.17
-
15 %c
11
60,797
5%
28c
4,000
35c
2.45
-1
0
Corporation of Canada.:
Jan
11
6 y«c
Nov
1.50
Mar
3%c
6c
33c
5%
Jan
104
1.15 Mar
7c
Aug
1.07
70c
July
1
Gold-
Rouyn
Power
91
1
C
Dec
Apr
2.20
7,175
-
of B
July
Oct
2.25
10c
Mines
9c
2.80
25
9%c
•.
1
Mines—
Gold
Gold Mines
Feb
10
%■ 5:
5,010
6c
Pioneer
Feb
1.30
34c
20c
Dec
1.20
Mines
5% Mar
Aug
45c
102
0
Pickle-Crow
9c
40c
3,000
1.20
1
Perron
2,000
41,700
12c
55c
50
1
Gold
Malartic
Jun
15%
12c
50c
102
Peoples Credit Securities
75c
26c
1
4% Aug
102
Partanen
47c
1
Lake
105
.
Paymaster Cons Mines Ltd
Feb
1
Kirkland
Kirkland
5
60c
Gold
Oct
3%c
11%
1
11
*
1
:'>■ Preferred
Gold
Kerr-Addison
9%
Jan-
60c
Ltd
51c
605
314c
Aug
6%
*
Porcupine
Nov#
6,000
3%c
3_%
8,400
•<——1
•
Quemont
3,212
,
100
380
Feb
15,340
__
6
55c
0
Refining
Jan
34c
' 31
.
&
1.29
3.40
4c
9%c
6
5
0
Oils
Oil
Dec
34c
29%
20%
32c
0
Jun
3.10
3%c
__
Aircraft
&
9c
..
25
113
32
4.50 Julv
Jan
30c
11
————0
—
Car
Queenston Gold Mines—;
8,500
8,900
10514 105%
1.37
Jan
Nov
.1114c 15%c
17 17%
10% 10%
21
21,580
Oct
Nov
4%c
?
Nov
6
>6%
35c
113
5%
1.20
11
17
14% May
125
360
31
1
—.—
9%
Jan
24 %C.
„
Jan
Premier Gold Mining Co
69,670
3114
-
—i
Mines
6%
4,000
__1
_———
Mines
Jason
Jellicoe
40c
20,655
1
—
13
Jan
77,300
•
Mining—
Mar
44c
57c
__
0
Petroleum
International
Jack Waite
11
35c
.
845
—
Pandora
Dec
514c
__
4%
Mines.
Pamour
Dec
5c
""
Dec
4%
0
Jan
14
42c
—
1.20
Dec
51%
30c
19
Apr
Jan
16
-13%
12%
45c
Dec
Jan
17c
4.860
20
26,140
Aug
Preston
—100
International Nickel Co common
28
Feb
5%
36
175
20
1.20
1.15
53c
Purdy
20
93c
*
——
25 %c Mar
Jun
—100 %
——
Milling 4%
International
5%
11% Jan
1,200
.
17c
32c
Jun
1
——
—
29
May
3% May
*
%
Oct
Page Hersey Tubes
Dec
12%c Aug
Feb
20
580
10
20
10c
70c
6%
*
-100
International Metals common A
510
43c
Imperial Bunk of Canada new
10
Imperial Oil
...»
Imperial Tobacco of Canada ordinary_5
Imperial Varnish common
0
Inglis (John) 4.
—————6
-
Apr
6%c
1,500
20
201,000
.
Oct
9%c Mar
—
16c
.
Oct
6%c
—0
——
500
33c
0
—
Mines
Pacific Petroleums
7%c July
5V2c
•
Jan
13 %c
Jan
17c
Oct
34c
3014
87c
—-——14c
—
Jan
40c
Jan
3.15
Apr
Juiy
3,700
16
1
Gold Mines
:
Hudson Bay Mining & Smelting
17c
50c
18,700
Pacalta
Sep
57
845
51c
4%c
5.413
51c
Nov
53c
500
72c
2.44
5c
>
4%c
7%C
68c
20c 22 %c
Pacific
Aug
3%c
78c
ll%c Feb
500
7%c
2.25
4%
314c
-
Homestead Oil & Gas„-;
7c
52 % Mar
6%
60% July
49 %c
Ottawa
18 %c July
Feb
G6c
2.17 Julv
Jan
Mar
Jan
2%c
84%
6%
Jan
48 V*
21c
32c
6
2%c
•
—.1
Oil
Home
7c
15c
25
9%
59 %c
1,715
50c
660
5
Howey
Jan
Jun
75
• '
6%C
8i
unp
8,200
68c
*
Oil common
Preferred
Aug
101
25c
6%c
:
2.25
6,900
Hinde
Hollinger Consolidated Gold Mines
43c
38c
l%c July
28
51%
0
17,000
■—
—
10%
—
Apr
7%c Mar
14
5114
13
1.17
51
Aug
Vt£I
1
6
16%
Highwood-Sarcee Oils———
—0
& Dauch Paper Co of Can_r„0
Heath Gold Mines
Oct
8c
16 %c May
1,000
29
1.12
51
1
Ltd
Oils
4c
—
—
13c
2,000
11c
1.15
O'Leary Malartic Mines
614c
67c
Mines—;L—
——
Jan
Nov
13,000
5V2 -ir
3,250O3Q
t-C
May
—0
Omega Gold Mines Ltd
—_1
Orange
Crush common--———-0
Okalta
6c
3c
1
—1
Mines
Hasaga
5c
10,000
-
18%
18%
Canada
Gold
O'Brien
Dec
3%c
8,200
High
17c
%8t
Dec
Aug
5%
—
Mines-
Gold
Harker
Dec
1,03503d
17"%
1
North Star
10% July
55c
Dec
43c
Northern
24
•
Mines
Dec
5%
1
Mines
17%
1.99 Mar
Low
8c
2.500
12c
1
;—*
—
Oil
6!'2c
314c
~~*
—
—
Gold
Rock
,
—
—1
—-1
—0
0
—
Bridge
Harding Carpets
103
8%
24c
Halcrow Swayze Mines-—
Hamilton
100
Feb
-24c
13
—1
Gypsum Lime & Alabastine—1*
Gold
Jan
Nov
11%
1,500,.
V
Mines
Nordon
92
3,340
Range Since January I
High
24
0
Noranda Mines
Norgold Mines Ltd
Normetal Mining Corp
11%
Apr
Shares
12c
National Steel Car
Negus
Dec
84
25
—
Mines. Ltd_:
Hamilton
8%
335
12%
5114
1214
__
—50
July
Pipe Co class A
Sep
65
,
■
Sewer
Northland
330
28
—'
Co Ltd com.—0
V Feb
8,20 July
155
102
17%
8.70
5
Wire
Hailiwell
11%
522
25
5%
West Saddlery
Gold
5,830
10c
29
—_°
Preferred
Greening
1
preferred———0
—-——
Preferred.-—-——-——
Gunuar
10c
—
1
Co
Lakes vtc
Great
27c
21%c
1
Common
r;V
*"
——*
1
„_1
Goodyear Tire & Rubber common——0
.-Preferred
i
50
Graham Bousquet Gold Mines——1
Grandoro Mines ——.;—•—i.
,——0
Great
7.00
;
Oct
4.70
National
80c
Oct
30
for Week
Low
Par
———25c
National Petroleum
38
Jan
■:33c
70
16,500
10c
—
Goldale Mine
Mining
4
27
9%c 10%c
4 Vac 414c
'27c
29c
21c22%c
4%c 4V2c
10c 10 %c
3V2c
4c
97
99
57
57
4%c 4%c
1
—1
Gold
Mines Ltd
God's Lake Mines Ltd
Gate
Oct
Apr
3,600
Glenora. Gold
Goodfish
2%
23 %
10,200
67c
38
1
Sales
Range
of Prices
Last
Sale Price
v/
Jan
7%c July
600
55c
17
8.60
88
Oct
4c
1,500
Sep
Jan
5%
Oct
60
Week's
Friday
■'■
Aug
1,225
3%
26%
———43c
98
101
0
1
39
Jan
2% Nov
25
9914
Gillies Lake-Porcupine
Golden
^
98
101
16%
8.50
—
common
Giant Yellowknife Gold Mines
yy Rights
■
i.; : ' 6.00
Apr
27
500
65
5Vac
11
—
—:—100
-100
—:
Wares
Steel
0
—
514%
Gold Eagle
135
__——
preferred
preferred
5'!n
*
Mines
1,505
38
3%
65
5%c
3%
"V 3%
26 y 25%
60c
60c
3714'
7.00
6.75
3.10
4.50
5%c
A
Exploration
Frobisher
General
—1
•—*
•
_
class
.
05
_.
Canada
of
Co
__100
—
—
Kirkland
Federal
Fleet
38
3%
,
Lampard, Francis & Co., Ltd.
Oswald & Drinkwater (M-MC-TR)
Jun
;
S'/a-
4.40
37%
i3%
4.50
Toronto Agent: '
Montreal Correspondent:
Correspondent:
S. R. Mackellar & Co. (TR)
Oct
19
.,120
Toronto
Dec
12
Telephone—WHitehall 3-0852
Street, New York 5, N. Y.
30 Pine
2.70 Julv
7,400
%:.V 55
Nov
15c
Mav
STOCKS—
Falconbrldge Nickel Mines
Fanny Farmer Candv Shops
"Blocked" Securities
Willis E. Burnside & Co.
May
3% :,y.
8
or
Engineer of Wide Canadian Experience Retained by Us
American
Dec
8Vo
Jan
1.15
34,750
V
38
—
14%
7%'Jan
1,445
For "Free"
9% July
Feb
9%
29.800
12
37 %
0
• —
22
——3%
English Electric A—_
Equitable
11
—
Easy Washing Machine---^—_j_——■—*
Investment Trust—25
Economic
; Apr
Commission Orders Executed in U. S. Funds
Dec
38
Mar
7
Dec
2%
Jan
31
395
22c
v,.v--w;•
50c
35
3,110
15,000
12%c 13V2c
2.30 2.44
50c
51c
13c
2.30
5Gc
•
i
—1
Oli—
Crest
Range Since January 1
LOW
High
•
550
2%
38 1
8%
14%
13 % •
8'/8
i
1.40 y-h
20c
20c
Co————<—1
Mining
Duquesne
—
__
B—-—ij—---25
Dominion Steel olass
V Shares
Low
Par
DECEMBER 15
for Week
Range
of Prices
Sale Price
C T-;
Dominion
tast
..
■
ENDING
Sales
Week's
Friday
.
STOCKS—
MARKETS
LISTED
WEEK
FOR
RANGE
„c,;
268!
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4343
160
Dec
LISTED MARKETS
CANADIAN
RANGE
6%
881
66%
67
30
110
,110
8c
3c
'
&
Alexander
Wood
pfd—.
James
...100
•
Wright-Hargreaves Mines
Yankee
Girl Gold—:
3.40
7% Mar
69%
110
■/
Oct
Dec
Jan
4.50 July
3%c Aug
1,000
10
4%c July
885
10
May
2.95
2,000
3%c
8 %
-
86
Jan
May
20c
Sep
60%
10
3.35
3%c
Mills common
York Knitting
.
3%c
3.35
«
Ymir
8
32,100
5%
67
»
.--100
Preferred
4c
10c
5%
1
Wiltsey-Coghlan Mines
Winnipeg Electric common
Jan
•
Jan
6%
Dec
10
Imperial
Imperial
Tobacco
Preferred
..._
_
_
pfd—
preferred
Intercolonial
Coal
.100
'"'C
—
35'A
35'A
35%
Uchi
35 %
Dec
_
..
_
_
_
Preferred
Jan
96
Mar
100%
Nov
5
120
Dec
122
Aug
50
12
Jan
22
Jan
18%
18%
30
30%
32
1,759
'23
24
7,630
i
■
76
Jan
98%
Dec
21
6,822
19%
Apr
22%
Jan
30
1,835
20
Jan
30
Dec
110
110
115
200
106
Mar
115
Dec
26
26
7
23
Jan
lis
145
145
10
135
Jan
10
13
Jan
16%
Dec
'"2,163
8
Feb
9%
Jun
»
Lake of the Woods common
_
_
.100
_
*
(John A)—
Lang & Sons Ltd
Exchange-Curb Section
foroDfo Stock
Sales
Range
Last
for Week
Hic'.l
Low
Preferred
Co
Brown
—
B
22 y4
50
21%
Oct
8%
8%
1,100
5%
Jan
130
132
2.30
2.40
43 %
1,265
—
11%
ny2
16 y2
17
10%
11%
♦
class
11%
1.95
100
9
%
11A
Dec
Dec
10 A
Dec
Telegraph
Tramways
National
Breweries
13'%
32c
32c
Preferred
3
2.00
2.00
&
Preferred
Dec
#
Penmans
,
Oil
i.
25c
Sep
41c
2
Aug
5%
1.50 May
2.00
Mar
Apr
15
12%
Feb
18
Jan
24%
Jan
30%
12
2,615,
9%
Oct
12
Dec
Oil
Selections
Lake
Osisko
Pend
16
50
13
Jun
preferred
Provincial
23%
1,060
15%
Apr
23
12%
13
6,050
10
Sep
13
——.——
est.
3c
Sep
5c
Mar
15c
Jan
49c
Jan
1.33
10,400
1.45
95
•
1.72 Apr
Sep
1
Supertest Ordinary
605
_
__
—
Sep
43
Dec
5% Mar
9
Mar
97
Dec
Jan
49
95
6%
Apr
11%
5%
Jun
Jan
8
Jun
10
745
12
May
15
Dec
11%
Dec
13%
15
V
10%
10%
75
3%
1,050
3
■
7% Mai-
3% July
2% Mar
18%
19%
1,065
13
Apr
22
Oct
34
34
175
32
Apr
35
July
234
46%
Apr
65
Oct
13% May
18%
Dec
Feb
22%
Dec
58%
58%
17%
16'%
18
22%
22
22%
com_
.
:V
10,598
355
15
5
,
128
Feb
13
—*
68
75
13
Nov
Aug
Feb
69
Jan
76
Jun
10%
Jan
13
Dec
3%
15
12%
^
Nov
25
09 %
Dec
63
485
67%
;-v
145
Jan
21%
300
23
75
common
101
...
Biscuit common
(Hiram)
W common.
&
G
■
Last
Algoma Steel
Ltd
of Can pfd
Electric Corp
Aluminum Co
Amalgamated
B
Class
Bruck
Mills——
Building Products class
Bulolo Gold Dredging
Canada
Jan
Sep
470
96%
Jan
_
_
Canadian Bronze
Preferred
Cottons
Canadian
new
New
common
Plow
Cockshutt
Crown
Cork
1,805
5
Aug
Banks-
Seagrams
Dominion Bririee
Coal
Dominion
44%
,
5 Vb
9,257
44%
39
32%
35
107
5
11
12
28%
2,625
30
9%
New
*
:
Preferred
Gypsum, Lime &
—
*
Alabastlne
*——*
Hollinger Gold Mines.—
5
Howard Smith Paper common—___*
—100
Preferred
Hudson
___4
Bay Mining
For footnotes see page
2683.
Sep
28%
28%
145
26
Sep
30
Oct
14%
15%
1,453
14 %
Oct
15%
Sep
10
15
10
Jan
8
27%
32
6%
I'¬
Jan
Jan
47
Dec
141% May
157
Nov
26
18
12%
13%
10%
32%
32%
33
38%
38%
11%
1,317
—
.
Power
Abltibl
6%
1%
42
40%
& Paper
preferred
preferred
:ioo
100
Belding-Corticelli
7% preferred
Limited
39
British
British
Columbia
British
Columbia Pulp & Paper corn-
Dec
18
Dec
Jan
Jan
14
Julv
14
July
Brown
Ltd
Packers
Co
_
_
common,
•
27%
Jan
33
Dec
50
29%
Feb
38%
Dec
Calgary Power Co Ltd 6% pfd—100
& Dominion Sugar Co
Feb
42
Dec
Canada
Northern
31
Julv
Canada
Starch Co Ltd 7%
Oct
14
Jan
Canada
Vinegars Ltd—
Power
'
pfd——-100
tJ———4
1
1,190
13
100
ll'/a
10%
526
4 %
Mar
10%
Dec
Canadian Dredge &
28
17%
Apr
26
Dec
Canadian Industries
325
22
Apr
10
116
Feb
140
July
Canadian Internal Inv
17
15ft
Jan
163
Mar
Company.lOO
-Canadian Marconi Company—.a——1.00
—
Canadian Pow & Pap Inv 5% cum pfd-4
—
Canadian Vickers Ltd common——.*
7% preferred
-100
Canadian Westinghouse Co Ltd——
Cassidy's Limited, common———1
25
25
120
120
120
161
161
"4
7%
„
8%
7%
'
7
2,481
Apr
9% July
14%
Dec
14%
-
__
14%
345
9
Jan
12%
13%
13%
5,520
8
Jan
13%
Dec
5
104
Apr
111%
Dec
193
68
Apr
74
72
12
72
9%
9%
9,%
12
12%
..
6% May
3,360
150
8
May
Feb
35c
Preferred'—
i40
Commercial Alcohols Ltd common
*
3%
Consolidated Paper Corp Ltd _____—*
9
7
Dec
20%
20%
21
485
14%
Apr
21
Nov
10%
10%
11
265
8%
Jan
16%
Nov
99
16%
104%
9
,
225
35
-
100
Dec
103
5%
5%
Dominion
Dec
Dominion Square Corp
5
May
6%
10
Jun
13
Jun
Donnacona
13%
Jan
21
Dec
Fairchild
20
106 % Mar
112
Dec
290
26% Mar
32
.July
5%
210
135
10%
10%
10%
20%
21
111%
—
111% 111%
29%
31
.
>
Jun
1,530
21
Engineering Works Ltd——4
& Linoleum.
—*
Dominion
Nov
9%
9%
5,183
Dec
26
140
Dec
134
,
11% Mar
100
6%
Aug
31
17
Aug
-
56
55
. 4%
10%
30c
-40
3 /a
9
10
Fanny
•
Woollens
common——
Paper Co
Ltd—
-*
4
si
3
Jan
20
73
;
>99
118
Sep
Dec
8% July
12
326
15
Jan
24
Dec
39
145
Mav
166
Aug
Jan
v/ 2 %
Mar
Dec
15%
50
30
'■
10
50c
10
1.85
Jan
Apr-
'2% Mar
600
50
265
4
Oct
-..7-
57
75
40
Jan
67%
Jun
55
50
47%
Jan
57
Aug
7.
4%
50
10 %
25
35c
1,814
'
43
285;
9%
1,055
22,089
29
165
3%
38
75
4% May
5
May
%2
Jan
12
'- Aug
Sep
43.
Dec
Jan
3% July.
5%
Jan
9 %
Dec
24
Jan
33
Jun
28%
Jan
39%
Nov
3%
Feb
5% Dec
Feb
8
11%
5,780
7%
Apr
2 %
2%
500
2
Sen
2684)
60c
2%
3%
(Continued on page
Jan
Feb
500
20
8% Aug
Sep
2,003
38
,
2
8
38
.,
10
lOc'Mar'
11%
38
Jan
Nov
5%
*
Dec
Nov
6%
1/
8
51%
Mar
'
,113
1
-24%
Jan
43%
Dec
Feb
7%
5%
"22
—
■_—*
Ltd—————5
Farmer Candy Shops Inc.—1
Aircraft
•
75
107
2.00
29
—
Oilcloth
43%
May
104
1,805
1.50
1.50
10
1.9.5
?%
' ' '* 6
2.40 July
Apr
4.859
43%
v,
Jan
Mar
1.55
9,674
2.40
Dec
17% Aug
85
9
Jan
Jan
105%
1,330
16%
85
93
Claude
Products Ltd common—4
Neon Gen Advt common—_*
Apr
17%
104% 104%
•
*
__
Catelli Food
Jan
102
Trust Ltd com_*
Canadian Light & Power
Sep
4%
98%
21%
J_
Dec
950
100
Dock Co Ltd—*
Ltd class "B"—*
9%
7
102
38
Nov
105% 105%
—
14%
6%
7
Mar
26% July
111% 111%
14%
Jan
16
110
,>23% 24%
50
50
85
85
111
HI
"i;. 12
12
24
20%
160
160
—
30%
26
23
150
41%
__
12%
9
296
33
134
__
23%
25
Jun
25%
32
2.30
30
30
27%
25
24%
*
1% pfd—100
Malting Co Ltd—_.—_
Jan
Dec
20
"43%
Canada
33%
Nov
24
125
•
2.30
——
3,225
Jan
137%
*11
134
-
..100
Dec
687
25%
'• 1
..
1,
Preferred
92
Jan
23%
55% July
598
42
»
--
_
Nov
4% Mar
Jan
23%
22%
American Oil Co
..
2%
124
137 % 137%
•
Sen
Jan
90
_
_
52%
Apr
eo
90
4% July
Apr
27
125
3%
_
—
100
_
_
_
Dec
Jan
3%
'3%
/
6% July
Preferred
110
100
7
Jan
2,168
124
2%
2,791
48%
„
90
Co Ltd B.
74
Feb
3%
48
115
48
.
—
Power & Paper
Bathurst
2%
2%
common—
Jan
18
766
50%
Jun
27
14,208
13%
12%
50
Oct
35
5
385
50%
27%
Jan
5%
143
18
Oct
24%
830
ll %
6%
13%
Dec
2,155
6%
,
28%
1
High
Low
High
Low
Par
Range since January
Shares
of Prices
Sale Price
STOCKS—
Dec
for Week
Range
Last
Feb
12
30
95
71
107
Jan
275
27%
Feb
Sales
Week's
Friday
Nov
Jan
36
20
157
39%
Jun
Mar
25
350
46%
Jan
8%
45
Dominion
Hamilton Bridge
Sep
18%
Jan
9
27
'
125
32
■
10%
:__1
Enamel & Heating Products
4
Foundation Co of-Canada—_——
*
Gatineau Power common..
*
5%
prelerred.
100
5%% preferred
100
General Steel Wares common.
•
Corp
15
Oct
Dec
21
Apr
107
5,995
27%
Jan
Jan
41
180
107
—
Electrolux
Sep
15%
Canadian Funds
; 8%
8%
26
_.
14%
345
Montreal Curb Market
—_—.—
Dryden Paper
Sep
400
17%
Aug
13%
1
15%
Sep
14%
40
18
Foundries
14%
215
15
14'%
Jan
6%
Dominion Glass
Feb
17%
31j/2
6%
& Steele—______4
common—100
Preferred 100
Dominion Steel & Coal B___;
—25
Dominion Stores Ltd
.-—*
Dominion Tar & Chemical common>^*'
Preferred
100
Dominion Textile common:.'—4
Dominion
50%
14%
780
—
—,
Jun
14%
10
40
—
Dairies common—.—
Oct
29;.
Sep
39
V
'
Preferred
00 V.W
Feb
32
•
25
_.
preferred.
Dominion
53
12%
29%
4
common
69 %
C.
17%
15
10
Canada
Distillers
49%
,
Power Notes.
Apr
12
25
4
&•
_*
0
& Seal Co
18
23
*•
Glass
Consumers
Jan
20% May
Apr
75
39
______——_
——
Bonds—
Montreal
Dec
Jan
157
Consolidated Mining & Smelting
27%
■,
20 y2 Julv
Jan
*
Canadian Pacific Raiiwav
11%
Jan
6y2
46
f
_
_
—
35
9%
107
—
Mar
Jan
62
67
28%
846
•
common—100
Dec
7%
—
—
11%
:
Investment
4
Canadian Ind Alcohol common———*
Class B
*
Canadian Locomotive
Jan
8
15 y4
8%
Foreign
Canadian
28%
25
preferred
Jan
260
—.100
•
170
67
28%
j'-"-:
-
Jun
19%
Sep
;
Nov
130
> Mar
49%
100
Preferred
Zellers
6%
-
25
Celanese common—
preferred
7%
3V4
1.85 May
3,000
6%
Winnipeg Electric common
Jan
15%
9%
5
10%
—
—
24
175
18
Nov
Nov
500
20
17
440
'
•
Jun
11%
9%
164
24%
19
20
103
110
6'%
19%
*
Dec
Nov
77
22%
Feb
42
19%
105'% 105%
_100
'
Sep
19
•//'
__
6%
50
„
preferred
Canadian
210
75
preferred
6%
•
*
common...—..—'1
——100
Foundry common—♦
preferred
New
'20%
'
Jun
11%
——
Canadian Car &
Old
4,184
18
^.%-V \
Breweries common
Preferred
151% Mar
22%
2
Feb
20%
Dec
59%
16% Mar
Jan
13%
985
524
57%
50
Dec
July
18%
/
■
—
24
20
2
*
*
•
class A—_
Canada Northern Power
Canada Steamship common...
5%
preferred
—
Forgings
18% May
420
11%
11%
■
—*
Nov
20
—*
*
—5
A—
16
22
22
'
Canadian
14%
160% 161
A.——*•
*1
common
Cement
Canada
22%
14%
'
335
:
98'A Jan
101% July
Jan
8
60
15%
22%
22%
!—
—
101%
101
——
_.
Silk
89
85
15%
—*
Columbia Power Corp
British
100
603
101%
(Geo)
Ltd
Wilsils
74
21%
-
50
.
Apr
98
98
—100
Co of Canada
Brazilian Traction Lt & Pwr
98
15%
98
& Paper class A—
Power
Dec
96
*
Bell Telephone
Jun
16
15%
———100
*
100
Corp
Asbestos
Bathurst
11%
9
863
16
Jan
Jan
5%.
570
9
93
*
common
Preferred
Aluminium
High
8%
9
Ltd common———*
Glove Works
Weston
Range sine* Jannary 1
High
Low -
Shares
of Prices
Low
Preferred
rr I
for Week
Range
;■
Par
Acme
Sales
Week's
Friday
Sale Price
8TOCKS-
Jan
170
73
Wabasso Cotton
Walker
50
59%
21%
59%
5% July
13
98
Jan
Jan
13
98
59%
.100
*
Funds
5%
78:,
280
12%
98
_
Preferred
Canadian
25
4
4
*
_
_
_
n
Montreal Stock Exchange
Dec
93
'
Viau
Dec
Aug
120
8,318
——
Steel Corp__
United
Jun
8
36%
Jan
19
10
100%
*
25
Tooke Brothers
Nov
15%
101
22'/4
Canada
Dec
60
VY
Jun
555
_
of
103
Jan
3,340
;
-100
Preferred
:
93% July
36%
9
Breweries
Co.
Feb
125
12%
143% 143 %
Preferred
Sicks
Jun
18%
common¬
Paper preferred
Lawrence
Dec
17
.
Jan
34%
A
173
Feb
4%
.59
100
•
Sen
27%
Feb
34
50
_
»
Mills
—'
July
7
6'%
10%
—.
Dec
18%
86
25
'
■
Dec
38%
:go
5
102
■
%;•
Jan
13%
% 25
,
15
common
Flour
Jan
23%
97
12%
■v
Jan
.
161
28%
50
•
99%
Mar
20
64
43
42
27%
59
9%
common
Shawinigan Water & Power
Sherwin Williams of Canada
Steel
Oct
95
25
95
48%
5
'
_100
preferred
Grain
Reliance
13%
1,334
*
2,500
95
Corp
Jan
33
5,015
97
35%
,
preferred '
A
Lawrence
Dec
2,000
1.38
Class
St
4c
1.10
Dec
..
__
..
_
Transport
Lawrence
Bt
Dec
y2
24c 25 Ac
4c
29
8%
6%
'
•
Quebec Power
Aug
19
23
*
1
1
—
Oreille Mines
16
23%
12%
———
■_
Feb
1.45
16
15
Paper.—
Ontario
&
Sep
5
:-•>■,
■
12%
»
#
Sep
1.01
3^00
Dec
19%
_
Co Ltd common
•
if
Minnesota
'
Nov
1.45
Nov
40
225
.'f'
__1
_
Canada
of
Bros &
5%
Dec
810
1.37
27
Jan
16
''
16
—
Jan
35
173
X-
,
_
_
Development
Corp
Power
Price
common
Regent Knitting Mills
1.40
Gas__—
&
Hayes Steel ___■—_____
International Paper —
18
98
102
100
•
Foothills
'
•1
•
1
11%
;-li%
Dec
42
8%
j.
Page-Hersey Tubes
Dec
30%
.
23%
_
__
_
_
Jun
Jun
Apr
16
Light Heat & Power corn- ^100
9%
•
•-
common
9%
27%
18%
173
Tv'i'
Nov
/
Oct
16
18%
27
100
....
«"...
Ottawa Car Aircraft
13 A
16
30
900
2,810
51%
51
2%c July
30
a
*
38%
17%
'
27
_
Jan
100
Aircraft
38%
•
v
;••• ■
...
Jan
35
32c
793
•
Ontario Steel Products
Placer
*
29
38%
common
Noranda Mines Ltd
7
2,706
3
A_
23%
ion
r——
Ogilvie Flour Mills common
5%
90
9
■
40
18%
Nov
ll'/a
Apr
1.80 May
12,212
13
9%
#
DeHavilland
Dec
17
8%
10
1.95
Press
Dec
Sep
7A
Montreal
Montreal
Ottawa
;—
—
27
40
■
2.45 July
43 A
Sep
12
372
*
Consoidated
140
Apr :
7V2 May
525
9%
-
Vinegars
Canada
27
40
•
1.40 July
28 y2
25
.
17
—„—_
.
•A',
10'a
______—
—:
130
5,691'
-25
Montreal Loan & Mortgage
Dec
May
3.100
41%
_
12 y2 May
38
80
35
2.35
23%
Aug
23
14 % May
600
34
32
33'A
43 %
A
class
Co
Class
22%
1
—.——100
*
.
Bruck Silk Mills.
Burns
*
—100
___
common..—
Preferred
High
& Paper corn-
Pulp
Columbia
British
Low
—
Son class A
&
1,325
22%
,■
26% Aug
145
Jan
6%
9
27
'
—*
National
Andian
/
8
23
Montreal Lt Ht & Power Cons—__
Range since January 1
Par
Beath
8%
v
.
26
9
«
Shares
of Prices
Sale Price
STOCKS—
8%
8%
«
Week's
Friday
/M.
26%
,
—
-
(Robert)
Mitchell
16%
16%
.
10
__
*
McColl-Frontenac Oil
Fnnds
Canadian
Dec
98%
common
.100
Preferred
Dec
30%
24
.
26
♦
Power
14% Apr
Nov
:35% Jun
Apr
J-
.
18 %
Nov
20%
21
4
*_
250
7%
98%
100
_
120
31
"
'
-
2:2 31%
15 y y 24 ■ .■
Co Ltd
International Petroleum
International
*
*/i
Int Nickel of Canada common
Preferred
Jun
29
$500
7
15
y.
International Bronze common,,:—.
International Paper common__:iY!i:
BONDS-
Jan
798
120
-
Preferred
.10%
7%
V
7%
.
y 2'
•
13% July
12%
12'%
100%
100
15% July
100% 100'%
7%
_
—
High
,
12% Apr
2,475
1,442
12%
"•
common.—5
Can
of
__
_
Industrial Acceptance Corp
Low
13%
13%
13%
Oil Ltd
Range since January 1
High
Low
Par
High
LOW
Shares
of Prices
Sale Price
1
Range since January
fojr'Week
Range
Last
High
Low
Par
Sales
Week's
Friday
STOCKS—
Shares
of Prices
Sale Price
8TOCKS—
DECEMBER 15
for Week
Range
Last>
FOR WEEK ENDING
Sales
Week's
Friday
Monday, December 18, 1944
& FINANCIAL CHRONICLE
THE COMMERCIAL
2682
28%
Jan
11%
Dec
Dec
3% July
38
Dec
Volume
THE COMMERCIAL &
'Number 4343
160
2683
FINANCIAL CHRONICLE
OVER-THE-COUNTER MARKETS
•Quotations
for
Friday Dec.
15
For Quotations on Real Estate Bonds
Investing Companies
Bond
13.81
Scries
10.63,
15.63
16.81
Series
K-l—ZZI—"II—
19.10
20.93
K-2
22.37
24.63
<
-25.16
27.63
14.84
v
102.45
Inc
Ltd
Fund
Bullock
31.64
3.35
10.04
1
Commonwealth Invest
Consol Investment Trust
1
Corporate Trust Shares
1
Series
2d
Mutual
(Colo)
2.41
2.96
•
5.16
Series ACC mod__.
Cumulative Trust Shares
/
-
Diversified
"•
11.83
13.00
Eaton
5.85
25c
1.35
-
9.07
7,27
7.99
Industrial Fund,
Financial
Mutual
Trust
Fundamental
3.75
4.23
American
Reserve
10
18%
19%
National
Casualty
8.20
9.06
American
Surety
25
59
61%
National Fire
10
37%
40%
National
2%
6%
7'A
National
Union
25
78%
83%
11.91
Bankers & Shippers
Boston
10.83
11.90
Connecticut General Life
8.84
6.72
Electrical
Fidelity & Deposit of Md
20
Fire Assn of Phila
10
66%
70%
Fireman's Fd of San Fran—10
86%
90%
36.45
Railroad equipment
8.39
9.23
6.40
7.05
North Amer Bond Trust ctfs
.39.19
X5.62
7.45
6.06
North
Trust
Amer
1953
•
7.11
7.82
Series 1956
1
Series 1958
1
2.57
7.70
Plymouth Fund Inc
8.67
Putnam
Fund
(Geo)
1
Republic Invest Fund
1
3.59
•
95.24
10.93
Inc
„r—
Selected Amer Shares,—,
2%
6.82
7.50
Mining shares
4.80
•5.29
Super Corp of Amer AA
Trustee Stand Invest Slis—
Petroleum
5.83
6.42
.-•'>A Series
3.94
4.34
A Series
shares
Tobacco
Utility
4.78
4.90
.
5.40
r
Foundation
Income
1
1.52
8
•
23.51
25.26
2.42
institutional Securities
'■/>'
11.98
Insurance Group shares
1.07
Oil
Shares^-1
■
Fund
Bond
105%,
Hartford Steamboller Inspect.,10
38 %
41%
100
U S
10
Guarantee
34%
37%
542
527
39%
41%
48%
51%
78
35%
73
2.50
32%
1964
102'%
102%
Metropolitan Edison 2%s—1974
Miss Power & Light SVaS—1974
103 %
103%
Fire
Westchester
series
Recent Bond Issues
Bid
Tobacco
Pow
&
Lt
22.84
9.21
3s__,1974
102%
Burl
&
Quincy 3%S—1974
103%
103%
105%
105%
Oregon-Washington
107
106%
Edis
3s_,,,1977
1
1974
Light & Power 3s
3%s
19.11
Investment
Banking
Corporations
14.21
ABlair
& Co
14.60
AFirst
Boston
,1
3%
38%
101'%
3%s_1975
105%
106
.,1974
102 %
102%
2%s
106%
103%
104
Public Service
1970
103%
106%
106%
98
1969
97%
1959
102%
103%
1974
102%
103 %
City Term Ry 23As_1974
101%
(Indiana;—
1973
106
106%
—1972
San Diego Gas & El 3%s__1970
York Corp. 4%s—
1958
109
109%
111%
112%
3%s series E
104'A
,1980
M
& Ohio 3%s
104%
Pow & Lt—
Puget Sound
4%s
102'%
Pow 2%s
Lt &
106
3%
10
—
101%
1974
101 %
105%
Kansas
Corp
101%
1979
series
104%
Philadelphia Electric 2%s__1967
Great Northern 3%s ser K_1960
3%s
104%
107
Pgh Cine Chic & St L
Potomac Edison 3s
3%s series L__
104
104 %
107%
109
Gulf Mobile
105
105%
104'A
108%
4'/8s
104'A
105'A
Electric 3s__1974
&
Gas
108%
1.89
17.51
1974
RR 3s_1960
3 VbS
Ask
Pacific
1974
Power
Florida
-7.58
22.25
Elec 3s
1974
Public Service
Orleans
Power
Houston
28.34
New
Y
Greyhound Corp 3s
14.27
Narragansett
102%
N
Florida Power & Light 3%s,1974
17.60
:C
12.97
103%
Conn
6.93
U S El Lt & Pwr Shares A
26.07
101%
Empire District Elec. 3%s__1969
20.36
Union Preferred Stock Fund—
1
104
100%
90c
8.42
America—10
103%
103
25.34
20.90
;
Koppers Co 3s__
1974
80c
A
Bid
Ask
100'%
1974
3'/8S__1974
24.58
25c
100%
1969
3s
Power 3%s
Commonwealth
6.73
C
of
;
> 27%
100%
Chic
6.18
1
Stock and Bond Group shares.
Co
29%
x25%
Central
*
B
1.18
Investors Fund C
31
Fidelity & Guaranty Co__2
U S Fire
4
IT S
10
Calif-Oregon
1.11
Investment
Travelers
10
Fire
Birmingham Electric 3s
2.40
13.13
1.00
shares
10
24%
84%
6
Arkansas
Wellington Fund
Ltd—
Bank Group shares
Aviation Group
—10
25
23 %
com.
American
American
2.56
*2.52",
2.72
Incorporated Investors
Independence Trust Shares
Springfield Fire & Marine
Standard Accident
49.50
Union Common Stock Fund B,—
1.66
10c
:
;
Security New Haven
80 %
Rutgers Fire Ins.
preferred
"6.99
X46.50
I
Trusteed Industry Shares
Union
6.38
1
—
ASeries A
Series
Fund Inc
Common
8%
4.32
....
1
C—
Series
AHuron Holding Corp
1
D—
Stand
8.40
1
:. A Series B
r
48c
36c
Shares
Income
Trustee
5.24
4.94
4.34
,
shares
4.76
4.48
—
i,i—
Selected
5.68 i
5.16
shares—,
45'A
7%
11.92
Fund,
9.64
Merchandise shares
shares
42%
5
45 'A
32%
119 %
97.16
State Street Investment Corp^n,
Equipment shares
5
—.
Fire
Scudder, Stevens & Clark
6.97
RR
23%
73%
47%
34%
125
'Tpxnsl
(Paul)
3.94
8.11
6.34
Railroad; stock
9.16
5.46
Sovereign Investors—
Steel
70%
19%
Hanover
10c
7.72
shares
./< be raul Fire & Marine—,12%
Seaboard Surety
lu
54%
17%
61c
Inc Shares
Quarterly
••7.02
shares
29%
21 %
51%
Hartford
7.92
—_
27%
10
10
15.84
n
10
_:_6
56c
.
35%
6%
Revere
14.73
;
13%
33%
4%
w*nuMic
2nd
51%
88
84
10
2
13
Great
6.25
11.29
10c
2.87
97%
48%
Providence-Washington
Reinsurance Corp (NY)
24 Vb
&
10
I3
23Vb
6%
85%
102 %
12%
11%
Newark,.
Fire
25
11%
21%
5%
81
5
22%
Globe
2.57
6.33
10.79
Railroad
2.98
12.50
Preferred Accident
162
5
of
Franklin
5
:
,—10
8
Firemen's
2.50
Phoanlx
52%
156
5
Fire
River
Glens Falls Fire
2.27
,1
A 31
York
Globe & Republic
37%'
.
x26%
—10
General Reinsurance Corp
Gibraltar Fire & Marine
shares
7.20
Low Price Shares—
Indemnity Co
7.43
Steel
5.94
8.77
;
Fire
Pacific
6.75
10.28
Investing
Pacific
49'A
7.38
Institutional bond shares,.—
Northern
10
4.96
Industrial Machinery shares-
28%
33%
Federal
10.28
bond shares—
General
Northeastern
10.09
7.00
Administered' shares
47 %
9.18
5.68
Food shares,
Fully
44%
5^
59
'7.89
Equipment—.
North
10
6.21
Chemical shares
46%
61%
,10
Crum & Forster Inc
Series 1955—;
Building shares
30
Employees Group
Employers Reinsurance
11.13
29va
27%
9.42
6.77
27%
44
9.64
10.13
7 %
178
168
—2
Casualty
10
10.98
Railroad
6%
2
20
Fire
Amsterdam
10
Machinery
Vv-
60 A
New
Metals
5.16
57 'A
New Hampshire Fire
■
9.99
stock
Oils
30%
New Brunswick
18 %
,
8.77
equipment
4 A
28%
59%
10
Continental Casualty,,
6.™
(Detroit)—10
20 Ve
628
t
20
5
of New York
New
49 %
21%
603
100
Camden Fire
City
1.90
—
7.97
11.97
6.02
shares
Aviation
,.
'•
7.24
Automobile
3
%
4
Liberty
Baltimore American
10.89
stock
5
Y
9 ■
76 /a
10
6.30
10.84
.
N
Fire
8%
73
46%
Ins
14.90
8.57
10.93
Mfrs
&
5.62
1
Stocks Inc—
Electrical
2
shares
12 %
11
13.84
,1
Fund
Insurance
shares
7%
8
1
12%
Casualty
priced stoek common
Series
Automobile
Y
Knickerbocker
Fire
2.09
Group Securities—
Agricultural
Massacnusetts Bonding
Merchant Fire Assur
Monarch
22.74
•
1
,a
Maryland
17 Vb
Merch
21.12
4.60
Capital Corp
General Investors Trust
8
12%
15%
5
16%
8.04
27.59
General
24%
11%
Equitable
57%
Bank
4.80
10
Alliance
American
15%
Building supply
"i
American
54 %
15.24
•
<'4
10
Aviation
24.52
3.95
Ino
Invest
/4
3°
2%
Agriculture
1.48
-
25.18
B
90
35%
Re-Insurance
44
Fundamental Trust Shares A„3
88%
20
Fidelity & Casualty_5
New York
6.70
A—1
Trust Shares
Foundation
10
Jersey Insurance ot N
of Newark
14.19
10
Fixed Trust Shares A
Insur Co of North America
79
American
43%
Inc,
8
Fund
42
75%
22 %
American
Chemical
First
40 %
American
series
,
10
25
Life
7.34
England
Ask
29%
14
10
Fire,
5.67
X22.82
—•
Fund Inc
Fidelity
27%
0
Homestead
8.12
series—
stock
1
Equity Corp $3 conv pfd
Bid
Put
-
7.38
5.12
series
1
1
Fund
Stock
53%
American Casualty
Automobile
Fund
Balanced
50%
6.59
Stock
Howard—
&
8.39
10
Home
*141%,
priced bond series
New
3.95
Dividend Shares
1
Preferred stock series
Diversified Trustee Shares—
—2.50
1.52
133%
Agricultural
Aetna
xl.38
Companies
Ask
Biu
10
Low
13.48
D
4.14
Aetna Casual & Surety
Aetna
Low
Industrial
11.36
1
\
series
Income
X17.93
shares-
Speculative
•
26c
voting shares
Bond
*.L"" ' •'
1
C
Securities— '
National Security Series—
Fund—
Investment
10
Inc
Par
-
;:i9.38
Fund
Delaware
11.98
13.09
National Investors Corp
2.41
.
Diversified
12.57
series B shares
(Md)
";v 2.96
11.69
Insurance
25.00
1
'
6.32
22.25
Fund
Fund
Invest
Nation-Wide
20
1
—1
1
—
mod
AA
Investors
5.80
1
Trust
2.65
1
AA
Series
Accumulative series
;.10c
Investors
Mass
<
10.52
9.57
10c
Common
Maryland Fund Inc
5.66
x__
Bell Teletype NY 1-953
DIgby 4-4950
97.40
42.20
Manhattan Bond Fund Inc—
145
5.21
95.45
41.36
•
10
N. Y.
40 Exchange Place, New York 5,
Tel:
■7.10
6.48
Fund
Sayles Sec Fund
Mass
2,700
140
Members New York Curb Exchange
5.85
Loomis Sayles Mut Fund
10.87
—100
Preferred
Members New York Stock Exchange
12.63
5.28
32.58
,600
Securities com—100 2,600
Christiana
ill.47
S-4
Knickerbocker
3.95
30.30
1
Fund™,
S-3,
Loo.mis
•
Century Shares Trust
Chemical
18.29
1
Ltd
Inv Fund
Canadian
34.27
16.68
S-2.
Series
20.32
13.48
Series
106.75
18.90
8
8
1
Fund Inc
Broad Street Invest Co
Series
3.96
10
Industry Shares,
Tr of America-
Series S-l_.
5%
5%
1
Inv
Boston
21.95
Series
Nat Investing—
A Common
Basic
:
Shaskan & Co.
29.08
30.67
20.02
B-3
11.67
I
Axe-Houghton Fund Inc
Bankers
27.72
b-2
; 27.98
B-l
Scries
Series
X12.73»;
Foreign Investlng_10c
American
Series
28%
v.
3.73
1
American Business Shares
Keystone Custodian Funds—
8.22
4.41
27%
10
Holding Corp
/'■
4.03
IV*
Affiliated Fund Inc
AAmerex
7.56
1
Aeronautical Securities
Ask
Bid
Far
Ask
Bid
Paf
.
39%
Quotations For U. S. Treasury Notes
New York
Far
Bank
of
the Manhattan Co.—10
Bank of New York
51
100
Brooklyn Trust
112
Central Hanover Bank & Trust 20
National Bank
Chemical
53%
113%
xllO
45
47
10
53%
55%
.*
Co
20
100
12 %.
Conv
Commercial National Bank &
Trust
100
53%.
preferred,
Morgan (J P) & Co Inc
National City Bank—
20
51%
10
"24%
26%
Exchange Bank & Trust_20
Empire T^ust
50
Fiduciary Trust
55%
58%
New
85 %
89%
31%
Public Nat'l Bank & Trust—17%
•Continental
Bank
&
Trust
Corn
First National
Bank
29%
100 1,865
180
200
100
353
Irving Trust
10
16%
Kings County Trust
100 1,705
Lawyers Trust
25
39%
Manufactures Trust Co com__20
55%
Guaranty Tryst
117
15
Bank & Trust
National %
Grace
468
100
Trust
Fulton
28%
456
10
25
York Trust
& Trust
Title Guarantee
12
United States Trust
1,905
Ask
Bid
Far
Ask
27%
100
Bankers Trust
Chase
City Banks & Trust Cos.
Bid
32ds of a point
Figures after decimal point represent one or more
200
Mar 15,
*Mar
1945
>
Maturity——
Dollar
of Indebtedness—
Ask
,
100.2
100.4
Certificates
1%%
—
100.5
100.6
t%s Feb.
99.29
%%
{Dec. 15,
1945
tMar 15.
361
17%
1,755
42%
Bid
% %
1945
15,
'
Int. Rate
Maturity—
1946
tDec
1946,,
1
100.2
%
100.3
1%%
100.23
100.24
VA%
100.6
100.7
tSept.
15,
1%%
100.24
100.25
t%S Aug. 1, 1945
tfciept.
15,
1%%
100.17
100.18
t%S Sept.
1947
1948
t%s Oct.
t0.90s
1945
1,
1945
1,
Jan.
1946
1,
11 %
100 1,455
52%
Obligations Of Governmental Agencies
12%
1,500
Bid
Feb
tl%%
Ask
0.85s
Home
Jan.
100.1
15, 1948
3s'
100.3
b0.90
1945—
15,
0.75%
1,
'
^
Bonds—
'
Ask
Bid
■
i.
j Akron Canton & Youngstown—
'""7 4s series A—J
1.988
-v;' 4%s series B—.
1988
"Chic Indianapolis & Louisville—
H
\
■
.;
-
*95%
^00
93%
98
Inc
"'
1983
'_i
2nd 4%s
86 %
2003
;-i; 1st 4s
64
■
I'80%
Bid
—
Common
.2014
4%s
■■fw
&
1st 4s
1994
104%
income
4%s A
2019
82%
84%
Gen
income 4%s B
2019
68%
70%
102%
103%
;
Chicago Rock Island
& Pacific—■
1st 4s
Conv
1994
United States Treasury
income
4%s
2019
73%
75%
__—1
——
Chicago Rock Island & Pacific—
Common
:
*
&
Rio
Rio
&
Grande
com
Income
; .2018
6G%
68%
.1993
86%
88%
Ry 1st 4s,—
4%s
Bid
—
98%
68
100%
70
Preferred
Western
102%
.105'A
;134
19
50%
20%
21%
20%
Pacific
Preferred
February 8,
1944
b0.375
b0.375
b0.375
b0.375
—
1945,
—-—
February 15, 1945—,
—
March 1,
23, 1945,,
1945
—
March 8,
1945
February
0.32%
0.32%
0.33%
0.33%
bO.375
b0.375
b0.375
b0.375
bO.375
bO.375
b0.375
0.33%
0.34%
0.34%
0.34%
0.35%
0.35%
0.35%
51
51
53
common,,—..
37%
38%
.,—
76%
1945
January
18,
January
25,' 1945
♦No
78'%
:
Ask
Ask
b0.375 0.28%
b0.375 0.32%
1944
28.
4, 1945
January 11, 1945
January
20
48%
21,
December
48
Bills
at purchase
February 1, 1945——
December
17%
46
quoted are for discount
Treasury bills—
Grande-
4%s
1st 3-4s income
Seaboard
86
49
100
preferred
Preferred
Income
84
19%
5%
1
Denver
Rates
46
16%
—
Preferred
Denver
102%
105-j
*33 nt
Ask
44
1
Common
106%
Gen
1948
1947
1961
116%
■
preferred
Chicago Milw St Paul ■& Pacific
Chicago Milw St Paul & Pacific
114%
Youngstown—
—,
5 %
V
101.3
3s
Panama Canal 3s,.
AnT
Akron 'Canton
66
101.1
1955-1945
103.25
Issuet
U S Conversion 3s
U S Conversion
102.25
Pacific'— '
mtge
Stocks
3'As
;}.■
,A
o •
■.,
Western
?
Federal Land Bank Bonds—
Ask
101.15
103.23
1956-1946
1956-1946
May 1,
Bid
101.13
Bonds—
1955-1945
Jan.
3s
Bank—
Loan
Other
Reorganization Rails
and if issued)
Ask
.0407
.0499
.0466
.0569
.0518
.0585
.0589
.0660
.0616
102.23
Federal Land Bank
3s
Federal
as
Bid
.0358
.0439
.0409
.0495
.0427
.0461
.0449
.0503
.0410
108
49%
Commodity Credit Corp—
(When,
——
Price 100 Plus
46
104
1,
Mar.
tMar 15 1947
15.
54
288
44
—
1945
t%s Apr. 1, 1945,
t%s May 1, 1945
t%s June 1 1945——
10.90s
99.30
58%
52
278
1945,
1,
par
k Removed
x
value,
Ex-dividend,
tions
a
Odd lot sales,
to Stock Exchange.
y
Ex-rights,
'
r
b Yield price,
issuer.
15,
1945
Ex-interest, f Flat price,
for year,
subject to all Federal taxes. AQuotk-
d Deferred delivery,
Canadian market,
tin default.
not furnished by sponsor or
March
s
e
Cash sale—not included in range
tThese bonds are
Monday, December 18, 1944
CHRONICLE
THE COMMERCIAL & FINANCIAL
2684
'j:.'
Last
of Prices
Low
(Contineud from page 26821
Quotations
V
for Friday Dec.
Ltd
Aircraft
Fleet
Ford
Hillcrest
A
Limited—
Comoanies,
Ltd_
Collieres
__
Shares
/ 5
5
95c
95c
100
7%
3%
25%
1,965
26
36
37%
80c
80c
3
.
Securities
23%
Apr
26%
38
Dec
1.00
Feb
23%
65
17%
645
19 %
2%
4
25
49%
■
48
20
23%
24 %
13%
9,734
20
105
16%
16%
70
21%
21%
1,610
19%
103%
3%
450
10
—*
10
200
12%
12%
13
6,670
2%
2%
,110
20
20%
120
10%
10%
60
Preferred
•—
—
Ontario
&
Minnesota
1st
preferred
preferred
10
"
——-—
Dec
Dec
Dec
3%
Mines
10%
Dec
Oct
2%
•
Oct
20%
Oct
10%
6%
N C
25
46%
Jan
59%
91
4
Aug
5%
98
98
Southern Canada Pwr 6 % cum
Investment——
Southmount
;
33
62
41%
10%
40
___—
_*
1944,
$6,312,000.
noted, public utility issues played an
month's activities.
portant role in the
Apr
Dec
Jan
im¬
The largest issue
$100,000,000 United Gas Corp. 1st mortgage and
collateral trust 3% bonds, due 1962.
This transaction
constitutes one of the largest private sales of securities
ever undertaken, both as to the amount involved and the
number of purchasers.
Other prominent utility issues
floated during November include $48,000,000 Central
New York Power Corp. general mortgage 3s, $24,500,000
30c
1st mortgage
CORPORATE
OF
February
V/.. "V
FIGURES
BY
Co.
Power
Co.
son
—.
45,455,742
Second
Consolidated
Lake
Mines
quarter-
California-Oregon
Home
Dominion
Oil
Co
page
Houston
Lighting
&
$4,000,000 S. D. Warren Co. 1st mortgage 4s.
Private financing for the month, added up to $126,736,014, comprising eight issues and represents 35.4% of
the total.
This compares with. $70,500,000 for October,
or
9.4% of that month's totals $8,620,000, or 2% of the
September; $73,150,000 or 29.3% of the August
total for
total; $112,460,000 or 55.1% of the July total; $57,224,950
or
47.5% reported for June; $125,254,675 or 57.8% for
31.7%
reported for March; $82,000,000 or 51.6% for February's
total and $8,500,000 or 5.3% of January's flotations.
Municipal financing for the month aggregated $71,445,395 compared with $108,130,600 in October and $36,854,360 in November, 1943.
Of the month's total, $65,081,500 was for refunding purposes and $6,363,895 was
May; $29,195,000 or 16.2% for April; $47,310,000 or
present a tabulation of figures since Janu¬
showing the different monthly amounts of
corporate financing as revised to date. Further revisions
Below
we
1942,
ary,
particu¬
additional private financing is brought to light
1943 figures may be necessary,
of the 1944 and
larly
as
in annual reports and
1914,
1942
AND
1943
other places.
(Revised
$
10,315.000
72,920,126
1,865,000
13,195,000
56,708,875
18,900,500
75,609,375
95.390,457
79,085,120
39.209,300
118,294,420
148,990,455
468,208,800
38,447,228
56,943,229
/ 71,071,229
47,829,228
216,707,162
28,620,611
44,743,680
120,377,691
29,999,425
95,812,568
518,184,859
79,404,976
215,458,248
698,095,295
986,393,659
263,287,476
19,174,700.
65,579,800
22,403,704
79,311,000
9,875,000
55,165,000
Twelve
363,802,103
32,719,350
6,013,000
60,22^,326
28,445,586
30,436,500
58,882,086
months.
1.35
1,000
75c
V
899,484,400
127,335,693
2,434,300
43,845,700
13,530,876
61,828,990
46,280,000
20,209,876
463,343,276
665,272,885
748,153,755
40,673,226
86,662,467
/
121,032,738
69,861,543
190,894,281
14,236,772
M 'A-
;
•
the
for
2V2%
4,065
last day of
83,128,500
97,365,272
14,717,010
175,942,736
377,872,345
Financing in
November
which
has
Loan
the year, so that the final results of this drive,
been very successful, will not be ^available
until-some time in January;
•
\c*i,r
announced
exchange offering to holders of $1,036,692,400 of 4%
The Treasury Department on Nov. 16, also
an
Dec
1.30 July
3.65 Mar
0.90%
Treasury
Notes
certificates
of Series C-1946
1, 1946.
The results of these
exchanges will be given next month.
The Treasury Department in November also offered
which
mature
on
Jan.
the usual weekly Treasury
bills, Savings Bank Deposit¬
With the offer¬
bonds and Tax Anticipation Notes.
ing of Treasury Bills dated Nov. 30, the amount
from
reduced
was
We
present our usual tabulation which does
now
include any of the sales
STATES
UNITED
Anticipation bonds:
TREASURY FINANCING DURING
'
Date
Dated
Due
for
Accepted
Applied for
$
Yield
Price
-
•
%
,v
6
91 days
2,215,011,000
1,216,173,000
99.905
♦0.375
July 13
July 20
30
Jun
;
64,112,840,765
months—
six
first
1944
Amount
Amount
$
Total
not
of issues for the Sixth War Loan
except War Savings Bonds and Tax
Offered
offered
$1,300,000,000 to $1,200,000,000.
92 days
2,042,316,000
*0.374
91
days
2.074,323,000
91 days
July
Jun
26
2% yr
1,948,082,000
99.904
1,203,823,000
99.905
1,206,577,000
99.905
1,214,292,000
5,229,030,000 100
2.263,000,000 100
1,948,082,000 100
12-Jly 8 Jun
July 1-31 July 1
26
1 yr
4,769,323,000
4.769,323,000
July 7
July 14
*
July 21
July 27
Jun 12-Jly 8 Jun
26 8-10 yr
2,177,348,000
5,229,000,000
Jun
1 21-26 yr
2,263,000,000
12-Jly 8 Feb
Jun 12-Jly 8
Jun
10-12 yrs
2,125,055,596
July 1-31 July
12 years
July 1-31 July
2 years
"0.375
♦0.375
2
2%
IV*
%
10O
'
2,125,055,596
12,343,000
Total
239,652,510
415,595,246
702,995,786 1,080,868,131
for
July.
■
a
a
12,343.000 100
'-:
2
b
665,481,500 100
665,481,500
21,853,150,096
—
Aug
2,010,374,000
1,214,112,000
99.905
Aug 10
91 days
2,001,061,000
1,210,910,000
99.905
Aug 11
Aug 17
91 days.'
2,033,411,000
1,205,774,000
1,209,047,000
99.905
*0.375
99.904
*0.375
1,210,125,000
99.905
*0.375
91
3
days
Aug 18
Aug 24
92 days'
Aug 25
Aug 31
91 days
1,850,697,000
1,831,554,000
1
1 year
10-12 yrs
602,436,086
12 years
6,075,500
2 years
119,205,566
143.035,876
201,442,700
Total
for
bonds
of
1944-54
which
ury
banks,
t
were
permitted
Notes of Series C-1947 which were being sold in the
Sixth
War
Loan
Drive.
Commercial
mitted to exchange for the 2%
100
2
b
6,075,500
9,370,881,286
8
Sep
14
91
days
2,005, 263,000
1,214, 825,000
99.905
99.905
*0.375
Sep
15
Sep
21
91 days
2,088, 342,000
1.215 528,000
99.905
*0.375
1,218, 104,000
99.905
'0.375
3,694 012,000
100
787, 614,000
100
1
602, 066,494
a
a
5, 320,500
100
2
281, 653,900 100
b
91 days
7
Sep
Aug 30
1,204, 692,000
1,759 890,000
Sep
28
91 days
Sep
1
1 year
2,244, 401,000
3,694 012,000
Aug 24
Nov 11941
6 mos
787 614,000
v 10-12 yrs
Sep 1-30 Sep 1
Sep 1-30 September 12 yrs
602, 066,494
Sep 22
*0.375
%
'
2 yrs
Total
Oct
6
for
Z
■v"
5, 320,500
281, 653,900
10,223,815,894
September.
Oct
5
91 days
2,307,978,000
Oct
13
90 days
2,196,968,000
Oct
13
Oct
19
91 days
Oct
20
Oct
26
91 days
2,356,311,000
20
Oct
1
1 year
3,491,689,000
Oct 1-31 Oct
1
10-12 yrs
12 yrs
695,003,230
Oct 1-31 October
2 years
180,674,500
2,183,869,000
11,373,000
99.905
99.906
1,313,861,000
99.905
1,308,901,000
99.905
3,491,689,000 100
695,003,230
a
11,373,000 100
J 180,674,500 100
1,217,995,000
1,312,571,000
*0.375
*0.376
*0.375
*0.375
%
a
2
:"
"b
f
41
Total
9,532,067,730
October.
for
Nov
9
91 days
2,264,423,000
Nov
16
: 91 duys
Nov/24 '5 91 days
Nov 80
'"91 days
1,932,075,000
2,078,595,000
99.905
99.905
1,300.604,000' 99.905
1,313,587,000
99.905
*0.375
3
Nov TO
2,061.528,000
1,202,980,000
99.905
*0.375
1,023,355,498
1,023,355,498
a
3,724,000 100
1,081,662,600 100
Oct
27
Nov
24
Nov
91 days
2
1
2,240,896,000
1,311,028,000
1,314,251,000
*0.375
10-12 yrs
12 yrs
3,724,000
2 yrs
1,081,662,600
*0.375
*0.375
a
2
b
were
to exchange the
called bonds for the 2y2% Treasury bonds,of. 1966-71,
the 2%, Treasury bonds of 1952-54 and the \xk% Treas¬
commercial
a
201,442,700 100
August
Nov 1-30 Nov
called for re¬
demption on Dec. 15 and holders; of $3,539,755,000 of
Series G-1944 %% Certificates of. Indebtedness which
matured on Dec. 1.
The holders of the bonds,- except
Treasury
%
a
602,436,086
Nov'17
76,546,000
417,637,250 1,042,520,276
624,883,026
*0.375
2,510,959,000 100
2.510,959,000
,1
Nov
23,830,310
*0.375
July 28
Aug
4
Nov 1-30 November
War
82c
Oct
Nov
Holders of maturing
bonds.
offered
were
w <
,
6,679,000
Drive to raise $.14,000,000,000
started Nov. 20, and continued through Dec. 16.
The
sales of the savings issues—E, F and G bonds and Series
C Notes—will be counted beginning Nov.. 1 until the
Sixth
May
2.85
Nov 1-30 November
The
Dec
66c
Oct 1-31 October
298,431,684
201,929,609
"Revised.
:
1.40
60c
1,500
7ic
3.40
Sep
64,618,000
601,052,716
251,509,204
—
Treasury
Aug
70c
4,800
82c
69c
3.10
Sep 29
183,729,412
200,055,800
—:—Ti
1.95 July
Sep 1-30 September
69,173,850
51,453,404
358,709,844
138,513,000
<-></%•
quarter——
4.35 Aug
Oct
*
715,754,988
109,648,100
114,555,562
887.350,326
1480,408,848 1,393,337,137 1,873}743,985
Fourth
86,019,070
229,257,834
27,509,976
58,600,000
65,040,000
r
115,641,003
277,783,033
413,763,681
^
Dec
1.26
V
:
Aug 24
351,952,885
486,497,154
294,863,224
150,476,205
1:',
Dec
2.25
6,900
f
Sep
18,527,000
"T 5,806,500
61,685,570
97,114,003
103,841,600
76,827,430
125,811,993
375,731,367
143,238,764
208,714,121
118,900,457
246,180,985
,
74%c
100
1.65
1.35
158,049,090
7,517,000
429,924,540
December—
85,128.964
2,798,000
11,330,000
84,004,408
335,894/097
$
158,761,995
184,091,294
"22,815,747
,
2.25
1.60
Total
160,456,350
95,686.940
73,364,291
617,535,452
Refunding
$
400,716,820
■.
Nov
65c
62c
1.25 July
2.25
Aug 1-31 August
Aug 1-31 August
Date)
Capital
$
74,902,000
695,241,842
to
-*1942
New
Total
153,916,988
140,608,034
iL
57c
64c
1.60
Aug
July 20
Aug 1-31 Aug
-*1943-
Refunding
Capital
29,207,720
November
Mar
14,901
Jan
9c
Jan
42c
for new money purposes.
20,784,940
130,618,303
4c
2,600
2683.
way,
57,327,813
«
4,500
_~—*
Ltd—
followed by $9,000,000 Main Central RR. 1st
mortgage and collateral trust 4s.
There were several
small issues by industrial concerns, the largest being
the
105,572,951
Nine
6c
—
field, the $40,000,000 Chicago Burling¬
1st and refunding mortgage 3%s led
August-—.
Oc tober——
.t
Oil-
& Quincy RR.
ton
July——~———
,qu^Hqp-^t-L_
July
4.35 July
Jan
1.38
2/000
-
70C
ary
In the railroad
84,754,500
101,714,704
Third
May
3.50
Stocks—
3V4s.
181,100,006
192,108,484
JulV
1.51 May
6c
50c
2%s, $16,981,000 Potomac Edi¬
collateral trust 3s, $13,500,000
Power Co. 1st mortgage 3V8S and
211,244,801
September--——-——.
2.40
July
;/;-■// 15C
18c
r
4','flC Jan
68c
1
Gold Mines
1st mortgage
107,635,665
288,298,364
Six months——.;—
300
2.27
.—%
_1
.
Ltd
1st mortgage and
142,453,492
■
5,500
6c
Jan
*
Rock Iron Mines——
Oil
$30,000,000
Co.,
36,373,283
—
June-;—————;—-
8c
2.30
23%C Dec
;
Jan
3c
1
Mar
73,464,341
32,615,868
April—
May
322,363,928
145,844,872
quarter
1 %c
429
1
Ltd
Ltd
$10,300,000 Associated Telephone Co., Ltd. 1st mortgage
MONTHS
New
Total
,
$
122,683,000
96,146,215
103,534,713
37,773,350
62,615,780
March-—
First
Refunding
Capital
•V -v/ $
'
January-———
....
Mines
Mines
Gold
27/sS and 125,000 preferred shares of Metro¬
Edison
politan
-1944New
4,000
•1,000
,7
8c
1
Mines Ltd
Anglo-Canadian Oil Co Ltd—
106% May
V
May
22c
2.25
8c
the
SUMMARY
Dec
July
9c
30% July
Capital Flotations In The United States During The Month Of November
And For The Eleven Months Of The Calendar Year 1944
three
weeks of the month, due to the Sixth War Loan Drive,
made a remarkable showing when compared with other
months of this year.
The total for the month reached
$358,709,844 as compared with $748,153,755 for October,
which was the largest monthly total since May, 1930, and
$429,924,540 for September.
The aggregate for the
month, with the exception of the months of September
and October, was the largest for any month since August,
1941, when $401,329,900 was recorded.
However, it must
be
mentioned here that the month's financing was
helped to the extent of $100,000,000 by the private place¬
ment of that amount of United Gas Corp. bonds which
has been awaiting the approval of the Securities and
Exchange Commission since May 15, 1941.
Activity for November, as in prior months, witnessed
the greater portion of the corporate financing in the
refunding column, the total being $335,894,097, or 93.6%
of the total, whereas new money took only $22,815,747,
or
6.4%.
Public utility issues dominated the month's
flotations, the total in this category footing up $262,566,600; railroads were next with $52,600,000, other in¬
dustrial and manufacturing accounted for $37,231,244,
As already
Gold
For footnotes see
Corporate financing for the month of November,
the activities of which were crowded into the first
and all others
39
Sep
17c
2,728
23c
22c
19 %c
Mining & Exploration.
Stadocona
Steep
Dec
22%
Dec
103
30
104% 104%
23c
Oct
May
43
July
10%
v
Ltd
Rand
Gold
Crest Gold
Wasa
Nov
20
10
Jan f.
25
105
25%
1
British
pfd—100
*
The
,7
2 %c
25%
2c
Sullivan
Dec
100
Jan
33
605
33
40
10 %
—.50
part 2nd preferred
Quebec Pulp & Paper pr
Reliance Grain Co Ltd common
3,000
'//
4c
8 %c
Red
Dec
91%
4c ,/
4c
2c
Siscoe
Dec
10%
10
July
22c
O'Brien
Dec
20
5%
•
15 %c
Jan
Dec
13
Sep
59%
of Can 67c cum 1st pfd-100
8c
4c
8%c
Kirkland
————
Power Corp
Aug
1,000
*
Ltd—.
Joliet-Quebec Mines Ltd
Dec
5%
Ltd
Royal Hotel
4,000
Aug
59%
"
Corporation
Mount
July
69c
Duquesne Gold Mines
———
Consolidated Gold Mines Ltd—_1
Nov
107
Jan
1.65
July
5c
Oct
J-M
~
Moore
was
7%
31c
Jan
1
1.50 Mar
10
Jan
2c
Jun
"
& Storage com—"
Montreal Eefrigera
2nd
Paper
15c
39c
Central Cadillac Gold Mines Ltd
Mines
Laborador
3%
6,900
1,000
42c
Aug
22 % May
Jan
3%
17c
2%c
8c
17
Jan
35
Dec
July
16c
1
13%
Apr
105% 105'/a
21%
Oil 6% pfd
100
Melchers Distilleries Limited common—"
McColl-Frontenac
Dec
7%
30
2 %c
1
20
Feb
15 %
■V
Jun.,.
Jun '
27%
*
Bouscadillac Gold Mines Ltd
24%
Jan
5% May;--'
13%
520 7
*
Ltd—
Corp
Ltd
Dec
50
"
11%
Copper
Mines
Arno
4%
-
Apr
18
1,904
10%
19%
23'/a
63
29
95c
•
Aldermac
Nov
Dome
Co
—*
Ltd common._*
Class A preferred —
*
Maritime Teleg & Tel Co Ltd
10
Massey-IIarris Co Ltd 5% pfd
lOo
Aug
4%
7%' '
:
29
40c
Feb
4
Maple Leaf Milling Co
5% Mar
Jun
■
24% July
Aug
49%
«
27%
Jan
27%
Hotel
Mfg Co—
Aubelle
MacLaren Power & Paper
.
Mines—
Jun
Jan
30c
100
27
27%
-100
Jan
4
Mav
Woods
20
140
1,697
,
High
23%
Ltd A—0
International Utilities Corp com—*
International Foundation Ltd com—— *
6% convertible preferred
50
2
78c
43
Windsor
Range Since January 1
Low
3%
3%
25%
Metal Industries
Int
Limited,
Western Can Flour Mills Co Ltd pfd__*
High
36%
*
—•
—*
—0
—
of Canada Ltd
Motor
Fraser
-Range since January 1Low
High
■
United
for Week
Low
Par
<
15
of Prices
Sale Price
STOCKS—
—
High
Par
Range
Last
Shares <7:
-
Sales
Week's
Friday
Tor Week
Range
Sale Price
STOCKS—
Sales
Week's
Friday
icntreal Curb Market
banks
were
per¬
bonds and notes but not
Total
fcr
Total
for
November^—„j.*.-.
eleven
months
8,551,192,098
Z—.——123,643,947,869
**Average rate on a bank discount basis, a
rate series, of which series E. have/10-year
discount basis
ity, are sold on a
Comprised of three sepa¬
maturity, are sold on a
seriesJrave. a 12-year matur¬
discount basis, <at 74^ ifut.'yield- 2.53%.;.. and series G
at 75,
and yield. 2.9p%;
12-year maturity, are/'sold :at i40^.f.^pdl rbear .2Vainterest,
of separate issues.. dp^gnace^j.feasiiry notes of tax serie3
series C-1945, series;'C^945
Series A earn
about 1.92% a year and series C^abopr;
hawe
a
b Comprised
A-1945,
Volume
THE COMMERCIAL & FINANCIAL
Number 4343
160
•
^
Bated
Security
'
"'j
•
,*
Total
July
Total Amount
v..
Accepted
Type of
.
for
1st
6
91 day Treas. bills
91 day Treas.'bills
Treasury bonds.,-
July 27
Jun
26
Feb
1
Treasury
Jun
26
Treasury
Jun
26
Certifs.
bonds
notes___
indebt,
4,769,323,000
July
S. Savings bds.
Depositary bonds.
Tax Antic'n notes,
i
2,125,055,596
12,343,000
July
July
of
U.
1
Total
for
.
"•
l;
Dabney & Tyson.
4,051,537,000 17,801,613,096
1,017,106,000
1,206,949,000
1,205,774,000
1,209,047,000
1,210,125,000
2,510,959,000
August-._L„^:
9,370,881,286
8,359,960,000
7
91 day Treas. bills
Sep 14
91 day Treas. bills
91 day Traes. bills
1,204,692,000
1,214,825,000
1,215,528,000
1,218,104,000
3,694,012,000
787,614,000
602,066,494
5,320,500
281,653,900
1,202,620,000
1,200,955,000
1,211,582,000
1,207,844,000
3,694,012,000
787,614,000
September..— 10,223,815,894
9,304,627,000
919,188,894
1,217,995,000
1,312,571,000
1,313,861,000
1,308,901,000
1,216,173,000
1,203,823,000
1,206,589,000
1,214,382,000
1,822,000
108,748,000
1 07,272,000
94,519,000
3,491,689,000
3,491,689,000
Aug
1
Aug
1
Aug
Aug
insurance
companies.
;
Co.
v
bonds,
107, .to
Mitchum, Tully & Co. /y.).;■
series
—
602,436,086
6,075,500
201,442,700
due
Nov.
Power
1,
1st
Co.
1974.
•
=•'-
■
/
>v
,
mtge.
Purpose,
Ministers'
Life
Sep
Sep
21
Sep
for
28
Aug 24
91 day Treas. bills
Certifs. of Indebt.
Aug 24
Treasury
notes...
Sep
U. S. Savings bds.
Depositary bonds.
Sep
Tax Antic'n notes.
1
Sep
Total
for
Oct
5
91
day Treas. bills
Oct
13
90
Oct
19
91
day Treas. bills
day Treas. bills
Oct
26
91
day Treas. bills
Oct
Oct
of
Certifs.
1.
1
Savings
S.
U.
indebt.
,
■
602,086,494
5,320,500
—
281,653,900
695,003.230
695,003,230
bds.
Oct
Depositary
bonds_
11,373,000
Oct
Tax Antic'n notes.
180,674,500
October..
for
Total
Nov
9
91
16
91
day Treas, bills
Nov
24
91
day Treas.
Nov
30
91
Nov
1
»
1.214,112,000
1,210,910,000
1,205,776,000
1.209,947,000
1,202,980,000
bills
1,313,587,600
1,202,980,000
Depositary
bonds.
3,724,000
Nov
Tax Antic'n notes-
1,081,662,600
November—
8,551,192,098
for
Total
for
♦INTRA-GOVERNMENT
;
Total
Net Issued
:yy $
1,584,333,000
6,414,688,000
7,999,021,000
July68,192,000
12,000,000
56,192,000
627,962,000
10,215,000
.617,747,000
Certificates
Notes
—....
Total
673,939,000
22,215,000
696,154,000
July—_—
for
Inc.;
Co.,
Scott
/——
Certificates
Notes
Total
for
303,100,000
303,100,000
207.900.000
...—-
—
-
499,885,000
11,115,000
511,000,000
August——___
196,785.000
11,115,000
321.000,000
Total
September——
for
October—;,".1
:
I
Total
»
•
for
27,900,000
177,444,000
:
••
Total
for
1
•
'
Y.
' i
.
30,000,000
Savings
Life
3,879,708,000
Fund, Foreign Service Retirement Fund,
Fund, Alaska Railroad Retirement Fund, Postal
Retirement
Government Life Insurance Fund, National Service
Federal Deposit Insurance Corporation, and
Insurance Corporation.
fNet retired.
System,
Fund,
Insurance
Federal
& Loan
Savings
Capital Flotations
■'■■■
y,ii
\>
•
.o av
1
; *■
:•
*13
600,000'
,
-
1
-
,
■
>
E
U -.1
'*'. •'.
\)
Long-Term Bonds and Notes (Issues
Five Years)
■
J
•
Sj'Ti
i)h
TO'
it!'
1,400,000
W'
Ob .!!'
'
.
0r-X,'
Maturing Later. Than
'K)rl
RAILROADS
•
Q'
.
.fO\
equippvent trust certificates
:.(6th equipment trust of 1944), ,dpe 1945-tl954, < Purpose,
purchase of new equipment.
Awarded -on hid oL 99.901 to
Marine Midland Trust Co., New,York;. Bank of America
Trust
Commerce
cial
Bank
tional
&
Savings Association, Sap. Francisco;
of Kansas City; National Commer¬
Trust Co.
&
Trust
Co.,
Albany,
N.
Fort Worth, Texas; National City
Republic National Bank or Dallas;
Buffalo; and First and Merchants
Bank,
Cleveland;
Trust
Bank
of
of
Co.
Y.; Fort Worth
Na¬
Bank of
Marine
National
Richmond.
40,000,000 Chicago Burlington & Quincy RR. 1st and ref,
3%% bonds, series of 1974,
Purpose, refunding.
mtge.
Price,
Stanley & Co.; Blyth
& Co., Inc.;' The First Boston Corp.; Goldman, Sachs &
Co.; Harriman Ripley & Co., Inc.; Kuhn, Loeb & Co.;
Lehman Brothers; Smith; Barney & Co.; Salomon Bros.
& Hutzlerr.'Hemphili, Noyfes* & Co.; F. S. Moseley & Co.;
A. G. Becker
Co., Inc.i Drexel & Co.; Harris, Hall &
Co., Inc.; W. E. Button-. & Co.; Merrill Lynch, Pierce,
100% and
int.
Offered
by Morgan
Edison
Co.
Purpose,
Mobile
by
int.
and
ETC.
COPPER,
Offered
;
Paul
bv
Co.;
Davis &
H.
1st mtge. bonds,
Price, 99% find int.
C. Allyn & Co., Inc.;
Almstedt Brothers;
Ames, Emerich & Co., Inc.; Baker,
Watts 8z Co.;
Ballou, Adams & Co., Inc.; The Bankers
Bond Co.,
Inc.; Boettcher and Co.; Bosworth, Chanute,
Coke
Offered by W.
.
'
Chemical
&
series due 1964.
Co.
Purpose, refunding.
C. Langley & Co.; A.
J;..Loughridge & Co.; Frank B. Cahn & Co.; E. W. Clark &
1
Co.; Equitable Securities Corp.; Goldman, Sachs & Co.;
Harriman
Ripley & Co., Inc.; Hemphill, Noyes & Co.;
J.
J.
B.
Hilliard & Son;
Hornblower & Weeks; W. E.
Hutton
Company; W. L. Lyons & Co.;
Merrill Lynch, Pierce, Fenner &
Louis Co.; Milhous, Martin &
McKnight, Inc.; Moore, Leonard & Lynch; Maynard II.
Murch & Co.; Paciiic Co. of Calif.; I. M. Simon & Co.;
William R. Staats Co.; Stifel, Nicoiaus & Co., Inc.; Stone
& Webster and Blodget, Inc.; Webster & Gibson; Weeden
&
Co., Inc.; Harold E. Wood & Co.; and Wurts, Dulles
&
Co.;
Mackubin,
Laird
Lcgg
St.
Metropolitan
OTHER
:;
and
Co.;
&
Beane;
INDUSTRIAL
i.
'
$4,400,000
MANUFACTURING
AND
v
,
1st mtge. 3%s, due 1959.
Purpose, 'refunding ($1,649,150), post-war reconstruction, etc. ($850,850).
Placed
privately with Mutual Life Insurance Co. and
*2,500,000 Eastern Corp.
.
/
North
Western Mutual Life
Machine
2,000,000 Federal
debentures
int.
and
100
Price.
Blair
Courts &
Inc.;
Co.,
&
Co.;
Mason,
Moran
-
Co.; and Schcrck, Richter Co.
1st mtge. conv. 5%%,
bonds,
series A,
due serially 1945-1964.
Purpose, retire bank
loan, working capital.
Price, 99% and int. to 102% and
int., according to maturity.
Offered by P. W. Brooks
450,000 Hanchett Manufacturing Co.
Co
&
r
capital.
(Inc.); Peltason, TenenClucas & Co.; Paine, Webber, Jackson &
Co.; E. W.
Curtis;
&
-
Insurance Co.
Welder Co. 15-year 5% sinking fund
1, 1959 (with stock purchase war¬
&
Sept..
Offered by Central Republic Co.
baurn
•
due
Purpose,., working
rants).
;.;vV
Inc.
>
due
1.
tions,
,
1st
Co.
mtge.
Purpose,
1959*
102%
(S. D.) Warren Co.
refunding.
Purpose,
insurance
capita-l,
Offered by
int.
and
sinking fund 414
bonds,
refunding ($1,165,937); addi-
working
improvements,
Price,
*4,000,000
■
Fibre
1,800,000 Keyes
($634,063)',
etc.
Ooffin & Burxi,: Inc.1.:
1st mtge. 4% bonds, due Nov. 1, 1959.
Placed privately with a group of
companies.'
''-.v.'
$10,750,000
■
ferred
of
stocks
computed
of
stated
a
no
;;"
;i":
stocks
,
(Preferred stocks
while pre¬
value and all classes of common stock are
par
value
par
are
taken
at
par,
at their offering prices.)
'
TUBLIC
$3,785,600 Central
/
;;
4.15%
;
UTILITIES
Public
Vermont
cumulative
refunding.
1st
mtge.
refunding.
Gas
Service
Corp. 1st
Purpose, refunding.
Mutual Life Insurance Co. on
,
bonds,
Price,
•
27i %
101%
Service
preferred
Price, $102.50
Corp.
stock
per
37,856
shares
(par $100).
share.
of
Purpose,
Offered in exchange
mtge. bonds,
and int.
Offered by
W. C. Langley & Co.; A.
bonds,
102¥2
&
8s
Louis Co.;
Leonard &
& Co.; Pacific Co. of Calif.;
M. Simon & Co.; William R. Staats Co.; Stifel, Nicoiaus
Co., Inc.; Stone & Webster and Blodget, Inc.; Webster
Gibson; Weeden & Co.,. Inc.; Harold E. Wood & Co.;
and
Maynard
H. Murch
,
Wurts,
by
stock.
Blyth
&
Unex¬
Co.,
&
Co.,
Bioren
Inc.;
& Co.;
Inc.;
De
Dulles &
Co.
.
Inc.
&
Co.;
Blair
&
Inc.;
Co.,
Schoellkopf,
^
•
<fc
Buckley
Haven
&
&
Hutton
Pomeroy,
Inc.;
Sheridah,
Bogan
Co.; J. W. Sparks & Co.; Stein Bros. & Boyce; Spencer
Trask
&
Co.;
Harold E. Wood & Co.; and Yarnall 8s Co.
Service Corp. 6,000 shares of 4.90% cumu¬
stock (par $100).
Purpose,- refunding.
share.
Offered by The First Boston Corp.;
Kidder, Peabody & Co.; Merrill Lynch, PierceA Fennetv&
Beane; The Robinson-Humphrey Co.; • Equitable'Securities
Corp.; Granbery, Marache &, Lord; Starkweather &,C,o.;
Clement A. Evans & Co., Inc.j'Bterne; Agee & Leach;' and
600,000 Mobile
lative.
Gas
preferred
Price, $104 a
Shropshire &. Co.
1,000,000 Mutual Ttfqpfeone
r'f
;
•:
stock
Coi^jHonolulu, 100,000 shares of capital
(par j$10),
Purpose,,
additional
working
capital.
Price, $10 per share.
%
of
.
Offered for subscription to holders
existing capital stock.
, <;
$17,885,600
(Continued
on
page
2690)
Co.,
Pierce, Fenner & Beane; Metropolitan
St.
Milhous, Martin & McKnight, Inc.; Moore,
Lynch;
px*eferred
offered
Brothers; H. M. Byllesby and
Townsend, Crouter & Bodine;
Equitable Secur. Corp.; Graham, Parsons & Co.; Granberry, Marache & Lord; Hallgarten & Co.; Hayden, Stone
& Co.; Hill & Co.; Janney & Co.; Jenks, Kirkland & Co.;
Lehman Brothers; A. E. Masten & Co.; E. M. Newton
Co,; L. F, Rothschild & Co.; Schmidt, Poole & Co.;
Co.,
Co., Inc.;
Inc.; The
Inc.;'Boettcher and Co.; Bosworth,
Chanute,
Loughridge
& Co.;
Frank B. Cahn & Co.;
E. W. Clark & Co.; Equitable Securities Corp.; Goldman,
Sachs & Co.;
Harriman Ripley & Co., Inc.; Hemphill,
Noyes & Co.; J. J. B. Hilliard & Son-; Hornblower &
Weeks; W. E. Hutton & Co.; Laird and Company; W. L.
Lyons &
Co.;
Mackubin,. Legg & Co.;
Merrill Lynch,
Bond
(19,580)
C. Allyn &
Co., Inc.; Almstedt Brothers; Ames, Emerich &
Baker, Watts & Co.; Ballou, Adams & Co.,
Bankers
Becker
Boenning
series due
3%
dividend
$6
shares
Edison Co. 125,000 shares of cumulative
preferred stock, 3.90% series (par $100).
Purpose, re¬
funding.
Price, 102% per share plus div.
Offered by
Smith, Barney & Co.; Goldman. Sachs & Co.; A. G.
int.
Awarded to Massachusetts
a bid of 100.25983.
v.
outstanding
changed
12,500,000 Metropolitan
series,
and
16,981,000 Potomac Edison Co. 1st mtge. and collateral trust
3% series due 1974.
Purpose, refunding.Price,
I.
for
Mellon
1S64.
'O'"
'/nr
Chesa|ieakeu & Ohio Ry. 1 %%•
National
COAL,
1st mtge. 5% sinking-fund bonds, due
Purpose, general corporate purposes.
Inc.; and Glover & MacGregor, Inc.
& Co.
Securities Corp.; The First Boston
Corp; Blyth & Co., Inc.; Kidder, Peabody & Co.; Lazard
Freres & Co.; Union Securities Corp.'; White, W61d & Co.;
K. H. Rollins & Boris, Inc.; Eastman, Dillon 8s Co.; Harris,
Hall & Co, (Inc.); F. S. Moseley 8s Co.; Salomon Bros. &
Hutzler; Shields & Co.; Tucker, Anthony & Co.; Estabrook
& Co.; Hornblower & Weeks; Laurence M. Marks & Co.;
Paine, Webber, Jackson & Curtis; G. H, Walker & Co.;
Moore, Leonard & Lynch; Reynolds & Co.; Singer* Deane
& Scribner; Auchincloss, Parker & Redpath; Butcher &
Sherrerd; Bosworth, Chanute, Loughridge & Co.; C. C.
Collings and Co.,, Inc.; Rambo, Keene, Close & Kerner,,
Inc.; and Hayden, Miller & Co.
Offered
.
•
During November, 1944
■
■
Monroe & Co.; Brooke, Tindall &
& Co.; A.
Read
Dillon,
due; 1974.
we
Details Of New
100
3,400,000 Pittsburgh
Purpose,
24,500,000 Metropolitan
give complete details of the capital flota¬
tions during November, including every issue of any
kind brought out in that month:
Below
STEEL,
Dempsey & Co.; Ames, Emerich & Co., Inc.; Sidlo, Simons,
-.Roberts & Co.; A. C. Allyn & Co.,' Inc.; Kalman & Co.,
Slocumb
C. Allyn & Co., Inc.; Baker,
Weeks &
Harden; Bear, Stearns & Co.; Dallas Union
Trust Co.; Glore, Forgan & Co.; Goldman, Sachs & Co.;
Hemphill, Neyes & Co.; Kidder, Peabody & Co.; Kuhn,
Loeb & Co.; W. C. Langley & Co.; Laurence M. Marks &
Co.; Paine, Webber, Jackson & Curtis; Rauscher, Pierce &
Co., Inc.; Reynolds & Co.; Riter & Co.; E. H. Rollins &
Sons, Inc.; L.. F. Rothschild & Co.; Salopion Bros. &
Huizler; Tucker, Anthony & Co.; and White, Weld & Co.
by
•Comprise sales of special series certificates and notes; certificates
Service Certificates Fund and Unemployed Trust Fund,
notes to Federal Old Age and Survivors Insurance Trust Account,
Service
Teachers Insurance &
Travelers Insurance Co.;
:
Lighting & Power Co. 1st mtge. 27/a% bonds, due
refunding.
Price, 102Vz and int.
Offered
Houston
1974;
and
Canul Zone Retirement
Canada;
.
cold to Adjusted
Civil
Brush,
and Woodard-Elwood
413,274,000
6,485,910,000
10,365,618,000
eleven months-
.
,
15,195,000
428,469,000
November.——
280,620.000
132,654,000
180,000
15,015,000
280,800.000
147,669.000
——
—-
for
"
?
—
Total
193,989.000
v,iv-
'•
Certificates
11,355,000
200.000
).'\
7:• .1
,
11,155,000
27,700,000
166,289,000
205.344,000
—
October
November—
Notes
514,288,000
U.-'
Certificates
.Notes
193,588,000
'11,342,000
Price,
;
.
Tyson; Washburn Co.;
Hattier & Sanford;
& Co.; John B. Carroll. & Co.;
C. F.
Cassell & Co.; Davis, Skaggs & Co.; Drumheller,
Ehrlichman Co.;
Clement A. Evans & Co., Inc.; Ferris
Exnicios & Co., Inc.; Harley, Hayden & Co., Inc.; Wm. P.
Harper & Son & Co.; Hill, Richards & Co.; Johnson,
Lane, Space & Co.; McMaster Hutchinson & Co.; Marx &
Co.; Mason-Hagan, Inc.; Mason, Moran & Co.; Metro¬
politan St. Louis Co.; Milhous, Martin & McKnight, Inc.;
Newburger & Hano;: Nusloch, . Baudean .& Smith;
Pat¬
terson,
Copeland &
Kendall,
Inc.;
Peters, Writer &
Christensen, Inc.; Piper, Jai'fray & Hopwood; Reinholdt &
Gardner; Russ & Co.; Sterne, Agee & Leach; Stix & Co.;
Walter
Stokes
& Co.,
Inc.;
Watkins, Morrow & Co.;
Webster & Gibson; Weil & Arnold; Geo. H. Willis & Co.;
320,700.000
11,042,000
525,630,000
—~r
300,000
204,630,000
—L—L_—
Certificates
Notes
IRON,
$1,000,000 Jessop Steel Co.
November,
1954.
&
Dabney &
Co.;
i
of
of America;
University.
$244,681,000
Inc.;, White,
Boettcher & Co.; Braun,
September—
Co.
Assurance
Yale
Stringfeliow; I. M;'Simon & Co.;
Wheelock &
The WhitePhillips Co., Inc.; Harold .E. Wood & Co.; Wurts, Dulles
& Co.; F. S. Yantis & Co. Inc.; Moors & Cabot; Atkinson,
Jones & ,Co.; Bankameriea Co.; The Bankers/ Bond Co.,
Inc.;
Barrow,
Leary & Co.;- Baum,
Bernheimer, Co.;
&
Cummins,
-v.;:<■ (,,.. - ■.{'•;
'
.
Philadelphia;. Prudential
Royal
Inc.;
Townsend,
August—
of
Co.
Provident Mutual
Insurance
University;
Princeton
Fund;
America;
Annuity Association
Power
Co.,
&
Life
.
Purpose,
Ames, Emerich & Co., Inc.;
Cruttenden & Co.; R. S. Dickson & Co., Inc.;
Hlrsch,
Lilienthal & Co.; Reuscher,
Pierce & Co., Inc.; Stifel,
Nicoiaus & Co.;
Bosworth, Chanute,. Loughridge & Co.;
City Securities Corp.; C. C. Collings & Co., Inc.; J. M.
Dain & Co.; First Cleveland Corp.; Hannahs,
Ballin &
Lee; Heller, Bruce & Co.; Kebbon, McCormicjk & Co.;'
A.
E.
Masten & Co.;
Mitchum, Tully & Co.; Nashville
Securs. Co.;
Newhard, Cook & Co.; Robinson-Humphrey
Co.; Sills,
Minton & Co., Inc.; Wachob-Bender Corp.;
H. C. Wainwright & Co.; Watling, Lerchen & Co.; A'.mstedt Brothers; Arnhold and S. Bleichroeder, Inc.; Atwill
& Co.;
Cohu & Torrey; Fdrris & Hardgrove; Foster &
Marshall; Kalman & Co., ?inc.; A. M. Kidder & Co.;
Martin, Burns 6i Corbett, Inc.; Morris Mather & .Co.; Wm..
J.
Mericka & Cp., Inc.;. Minsch,
Monell & Co.; Alfred
O'Gara & Co:;
Park-Shaughnessy & Co.; F. L. Putnam
FINANCING
Retired
York
1974.
due
Weeden
Co.;
2,507,467,098
v,.:
months
six
1st
for
—
6,043,725,000
Issued
>
96,916,000
103,341,000
94,828,000
103,640,000
74,819,045,000 48,824,902,869
eleven months_123,643,947,869
3944—
f
1,023,355,498
—3,724,000
1,081,662.600
1,023,355,498
Nov
Total
1,199,411,730
8,332,656,000
day Treas. bills
U. S. Savings bds.
series
Mutual
Neighbors of America; Southland
Life Insurance Co.; .Southwestern Life Insurance Co.; Sun
Corp. gen. mtge. bonds, 3%
refunding.
Price, 103 and int.
Offered by Halsey, Stuart & Co., Inc.; Bear, Stearns &
Co.; Otis & Co.; Wertheim & Co.; Hallgarten & Co.;
Burr &
Co., Inc.; H. M. Byllesby & Co.,: Inc.; William
Blair & Co.; Dick & Merle-Smith; Hayden, Stone & Co.;
Dempsey & Co.; Farwell, Chapman & Co.; First of Mich.
Corp.; Graham, Parsons & Co.; Ira Haupt & Co.; The
Milwaukee Co.; E. M. Newton & Co.; Field, Richards &
Co.; Mullaney, Ross & Co.; Ranson-Davidson Co., Inc.;.
Cooley & Co.;
Green, Ellis & Anderson; Hill & Co.;
Johnston, Lemon & Co.; Schwabacher & Co.; Thomas &
New
48,000,000 Central
11,373,000
180,674,500
1.311,028,000
1,314,251,000
1,300,G04.QGO
day Treas. bills
Nov
Nov
'
.
9,532,067,730
—
day Treas. bills
91
2
—
Massachusetts
Co.;
Massachusetts
Insurance
of
Co.
.
Total
Co.; ManufacInstitute of
Life-insurance
National
Insurance
Life Insurance Co.;
Metropolitan Life Insurance Co.; Metropolitan Museum of
'Art, Modern Woodmen of America; Mutual Benefit Life
Insurance Co.; Mutual Life Insurance Co. of New York;
Mutual Trust Life Insurance Co.; New England Mutual Life
Insux-ance Co. of Boston; New York Life Insurance Co.;
Northwestern Mutual Life Insurance Co.; Occidental Life
Insurance Co. (of California); Pacific Mutual Life Insur¬
ance
Co.; Penn Mutual Life Insurance Co.; Presbyterian
and
bonds,
3 Vs % .
refunding.
Price,/
102.86 and int.
Offered by Halsey, Stuart & Co., Inc.;'
Ames, Emerich & Co., Inc.; Arnhold and S. Bleichroeder,
Inc.;
Atkinson, Jones & Co.; Bacon, Whipple & Co.;
The Bankers-Bond Co.,
Inc.;. Barrow, Leary & Co.;;
Boettcher
and
Co.;
Bosworth,
Chanute, Loughridge &;
Co.; Braun,
Monroe and Co.; Brush, Slocumb & Co.;
Burr & Co., Inc.; City Securities Corp.; Cohu & Torrey;
Cruttenden & Co.; Davis, Skaggs & Co.; R. L. Day & Co.;
Dempsey & Co,;. Druinheller, Ehrlichman Co.; Foster &
Marshall; Green, Ellis & Anderson; Gregory & Son, Inc.;
Hartley Rogers & Co.; Heller, Bruce & Co.; Hornblower
& Weeks; W. C. Langley & Co.; Martin, Burns & Corbett,Inc.; Mason, Moran & Co.; Morris Mather & Co.; McMaste'r Hutchinson & Co.; Mullaney, Ross & Co.; Murphey,
Favre & Co.; Nashville Seour. Co.; Alfred O'Gara & Co.;
Otis & Co.; Pacific Co. of Calif.; Pafk-Shaughnessy & Co.;
Peters, Writer & Christensen,
Quail & Co.; Robin¬
son-Humphrey Co.; L. F. Rothscl?tkL,& Co.; Sills, Minton
&
Co., Inc.; Singer, Deane & Scribndr^Stein Bros. &
Boyce; Thomas & Co.; Wachob-Bender
Corp.; Weil &
Arnold; Welsh, Davis ,and Co.; Wheelock & Cummins,,
Inc.; White, Hattier ;& Sanford; White-Phillips Co., Inc.;
Harold
E.
Wood & Co.;
Woodard-Elwood & Co.; and
F. S. Yantis & Co.,' Inc.
;
v.;
13,500,000 California-Oregon
■
Life
Co.;
Co.;
Insurance
ginia;.• Lincoln
com-;
2.90%.
Placed privately with 16 insurance
panies through
Paine, • Webber, Jackson & Curtis
Investors
Insurance
Technology;
yield
Co.; International Harvester
Syndicate; John Hancock
Knights of Columbus; Liberty
Life Insurance Company of Vir-
Insurance
Trust;
Life
Mutual
.
Life
Pension
turers
*$10,300,000 Associated Telephone Co., Ltd.> 1st mtge. 3%%
due. Nov. 1, 1974.
Purpose,. : refunding.
Price,
2,072,000
13,870,000
3,946,000
10,260,000
Aug 24
Aug 31
two
Home
Co.;
Mutual
PUBLIC UTILITIES
1,010,921,286
Aug 17
to
int.
(Mutual); The
Continental Assur-
Society
Assurance
Continental Casualty Co.; Equitable Life Insur¬
ance
Co. of
Iowa; Franklin Life Insurance Co.; Great
Southern Life Inaurance Co.; Great-West Life Insurance
■*
and
Life
Central
Co.;
anec
•
197,006,000
3,961,000
1,214,112,000
1,210,910,000
1,205,774,000
1,209,047,000
1,210,125,000
2,510,959,000
602,436,086
6,075,500
201,442,700
ington;
Connecticut Mutual Life Insurance Co.;
$52,600,000
665,481,500
;>
91 day Treas. bills
91; day Treas. bills
91 day Treas. bills
92 day Treas. bills
91 day Treas. bills
Certifs of indebt.
U. S. Savings bds.
Depositary bonds.
Tax Antic'n notes-
3
Aug 10
Aug
at 98»/a
3%
bonds,
'
*4,500,000 Maine Central ItR. 1st mtge. and coll. trust bonds, series
B 4%, due Dec.
1, 1954.
Purpose, refunding..
Sold pri¬
vately
trust
'•'.-.'shire' Life Insurance Co.; Carnegie Institution of Wash•
& Burr, Inc.; . Estabrook & Co.;
Stone &
Webster and Blodget, Inc.; Whiting, Weeks &
Stubbs; R. L. Day & Co.; Hornblower & Weeks; Maine
Securities
Co.; Bond & Goodwin, Inc.; and Townsend,
12,343,000
21,853,150,096
July
—
:
•
Coffin
Co.;
&
Payson
2,125,055,596
665,481,500
y
-
208,496,000
189,300,000
193.142,000
198,390,000
5,229,000,000
2,263,000,000
1,948,082.000
4,769,323,000
1,007,677,000
1,014,523,000
1,013,435,000
1,015,902,000
1,216,173,000
1,203,823,000
1,206,577,000
1,214,292,000
5,229,000,000
2,263,000,000
1,948,082,000
92 day Treas. bills
;
.
•
coll,
and
Purpose, refunding,, Price, 100 and int.
Sold, privately through Dillon, Read & Co. to Aetna LifeInsurance Co.; "Aid Association for Lutherans; American
Bible Society; American National Insurance Co.;. Bankers
Life Co.; Bankers Life Insurance Co. of Nebraska; Berk-
j
,
4.500,000 Maine Central RR. 1st mtge. and coll. trust bonds, series
B 4%, due Dec. 1, 1954.
Purpose, refunding.
Price, 100
i
'
and
int.
Offered
by
Kidder,
Peabody & Co.; H. M.
1st1 mtge.
Corp.
Gas
,Series, due 19G2.
,
and Whiting, Weeks & Stubbs.
Co.;
c;
64,112,840,765 38,726,540,000 25,386,300,765
91 day Treas'. bills
July 13
July 20
Refunding
*100,000,000,United
Wisconsin
The Illinois
Brothers &
R. W. Pressprich & Co.; The
Beane;
Co.; William Blair & Co.; Alex. Brown & Sons;
Co. of Chicago; Kalman & Co.,
Inc.; Stern
'
New
Indebtedness
i
months
six
&
Fenner
:r;" v
"
of funds
use
^
2685
CHRONICLE
In
the
tables on the
the November
and the eleven months' figures with those
for the corresponding periods in the four
years
preceding, thus affording a five
year comparison.
/ 0
"
~
comprehensive
next two pages we compare
■
o
X
w
O
W
O
>
o
o
>
o
X
w
o
o
X
o
00
i—1
tr*
t—I
t"
3
O
CL
t*
ej\
3
>
I—'
ro
*
JD
-•
231,9 0 2,0 0 26,45910 2,49568
ft
2,0 0 416,250
—1940 Refundi g 65,9310 25, 9 3 6
$
863~704 2,079,435
14,05910 9 ,985 7,54 70
6,350 28,95478 25,169.0 16.29,10 23,749 85 32,670 3,6175
1,45o7 5 26,857
2,0 0 2,0 ,0
14,05910 375,0 6,03 296
5,41250 26,01 64 1,3290 24,89.10 23,150 30,461296 3,*59275
1075~4L25 93,426
$
-1940 $ 1,3290
:v
70 ,0 ~2575 o
1,20 49,320 2,50 38,0 0 15,0 0 3,654,0
2,0 0
Capitl 23,840 14,350
15,693 0 3,80,750
13,8 350 31,6750 69,81763
Total
Refundi g 29,35 0 13,048^60
42,38 10 31,675.0 50,64 30
Capit l 16,0 0
New
Total
$
1 ,7340
57 ,0
$
—1941
Capitl 82,3950
$
57 ,0 2,645,0 3,80 ,750
New
Total
89,427 50
$
2631,524,0770431
19,72860
Capitl
New
6,790
New
17,250 7,24693 31,028693
42^37145 3,617,36
Refundig 58,26718 l,5~94375
69,81543 106,72 0 15,4 30 192,05843
$
,
14,950
$
-1943
Capit l
$
New
Total
86, 283 30,72 70 3,617,36
Refundig 30,896 7 30/7_1~80 1,280 1
8,534913 2^~G750 1,473 4
10,90 6,3 895 39,26 42
Capitl
New
OSUMFARY
NAGOCORRENPUPFWADITE
35,89407 39,4250 65,081 0 40, 597
$
-194
165,2978
358,7094 49,510 71,4539 479,60239
$
2,81574
CHAR TE
Domestic— Long-term Short-em Pref red Com on Candi — Long-term Short-em Pref red Com on Other Long-term Short-em Pref red Com on Total Candian Other Loan
Farm
Grand
United
3720,750
1,95275 6,453,750 1,20, 0 40,687250 3,0 0 35,6720 4,906,0
3,9520 89,427 50
360,876
"9 75 5 459,876
9 ,0 20, 9876
360,876
4,580
450, 0 " 125,0
57 ,0
2:6O ,OM
"
2,0 c,0
"
360,876
13,04860 21,8405 6,79560 10,94.0 3,654,0
1,29475
42.38,10
5,10,876 50 ,0 14,50 0
4,01786
9 ,0 0 9 ,0 0
2,0 0
2,0 0
13,81350
•
9,520
9 ,0 0
1,0 0 50 ,0 4,980, 0
13,50876
6,790
A
Total
$
17,025 0 35,40 0
8,50 576 5",0
Refundi g 15,0 0 34,80 4,792,168 576 5",0
$
-1943
2,05 0 60 ,0
14,950
750, 0
0
3879~1,08 6750(0 0L "750]0 45,94281 17,025 0 35,70320 127,4108 576*75,0 6,50,0
~
30 ,20
58,26718
1,594375 15,0 0 35,10 2 13,7864 3,7 5, 2,96,875
579 4,30 2^96",875
75(7,0
29,36781 47203,125
190,8421
69,81543
34, 9 06 2,05.0 60,0 13,45613 i,2037l25 750, 0
84,057832
86, 283
52,60. 24,6810 4,0,0 10,75 0
312,4 0
17,8560 26,48124
1,920 46,278 4 52,60 26,5 0 4,0 0 37,21 4
Refundi g 49,0 0 24,6810 3,40 0 6,815087
30,89607
16,8560 15, 2410
31,9801 49,0 0 261,5 60 3,40 0 21,9749
35,89407
3,60,0 1,0 ,0 3,94,913
8,534,913
1,0 ,0
1,920 14,280 34 3,60. 0 1,0 0 1,0 0 15,30 74
1,920 2,81574
Capit l
$
Total
$
New
$
-194
303,20
A
Capitl
$
~
1,368 34
1,9 2,0
12,0378
358,7094
Sbmtaunoicpeyldtiness NOVEMBR Notes- ecotp,manufctres manufctrig hteoraldtcin.g, Notes- ecotp-,manufctres manufctrig htroealddtciinn.gg,, ^ ecotp.-r,1manufc—es "—gnirutcafm _ "hteoraltdcin.g,_ _ ecoptr,manufces manufctrig throealddtciinn.gg,, securit
toal. fdiunfincgludoorseets
OFNOVEMBR boannotdedss stoc.k- sjtoc-k .7 boannotdedss — stock stoc-k foreign- boannotdedss stock stock corpate
SuagrGovenmt foreoveirngmnt Gavncieds, &♦Mnicptal—Se,sPostaeiens
Corpate-
MONTH
13,207—5 l7457~30*92,4,60
3,952,0
New
12,0378 2,850 21,406
312,4 0 3,52^30 12,7534
$
I,To 75 50 , 0 2,980
168,943,
1,952,0 19,502350 1,2 0, 0 62,»7 a0 3,0 ,0 42,67 0 15,0 0 3.654,0
_
13,70
Capitl
190,8421 129,570 36,854360 357,1864
Total
624,985
575,0 0
10, 0 57048,60
17,50
$
YtFGforehavdogrnnmmacly.FSFTMONITEUSIVANHAHREBRSED
OFMNTYFLAEIFVIHUOAANRCBERRPSDGM
Capitl
9 ,0 0
4,580 2,0 0
4,750, 0 50 ,0 12,50 0
Refundi g 576Vo75 9,520, 0
-1942
450, 0 Y2575 5
1 ,7340
2,0 ,0 82,39 50
1.20, 0 37,4950 2,50, 0 34,2530 4,906,0
Total
13,50876 45,20 9,71,60 68,42 86
$
$
16,0
29,35 0
$
108,6
360,876
—1942 Refundi g 13, 70
$
Refundig 1,84075 3,74 0 10.94,0 3,654,0
-194
20, 9876 62,450 17,0630 9,871 9
"
$
2,94319 23,840 14,350 624,985 2,094 257 5 "9087 50
~~
New
17,50 2,0 ,0 ~459,876
$
80 ,750
~io 7o5o
168,9431 42,0 0 52,9607
$
GFOCOVREREPNIGMNATT,,
2,0 0 2,0 ,0
Refundig 10,835.0 2,750 24, 50 3,~5"9275 3,o"~75o 65,9310
93,426 59,4650 24,91 650 178,32 96
$
25,169.0 152,70 2,750 25,1 0 3,6175 3,Yo75o 231,9 0
Total
26,857 10,4650 7,50725 41,85042
Total
•Thes
New
Boands Railrods utiles csoteall,,Equipment aacesnorid inadunstdrl j,beuildtcngs, tInrvuesstmn,Miscelanous BShoaornt-Tdesm Railrods utiles csoteall,,Equipment aacensordi indausntrdl bueildtcngs, tInrvuestsmn,Miscelanous Railroads utiles., cstoeall,,Equipment aacensodri indausntrdl bueildtncgs, «.„ Itnrveustsmn,Miscelanous Railroads utiles sctoeall,,Equipment aacensodri indausntrdl bueildtncgs, i tInrvuestsmn,Miscelanous corpate
OMONFTH Long-Term
Public Iron, Motors Other Land,
Oil
Public Iron, Motors Other Land, Rub er
Oil
Ship ing
Stocks-
Total
Public Iron, Motors Other Land, Rub er
Oil
Ship ing
Total—
00
cr
ft>
ft
c
cn
Total
Public Iron, Motors Other Land, Rub er Ship ing
4*
4*
H
O
e
S3
X
M
o
o
X
X
>
o
>
X
o
>
o
X
x
o
3
CD
■
Total
S
Co
4*
cr
CTi
CO
790, 40 1,03.750
Refundig 1,5493670 26,510 146,3792 3,68 21
329, 70 407,1639 3,20 0
■
$
-1940
Refundi g 2 ,83602 690, 5 3 34,10 97, 2.735 105, 0 1,09720 52,467930
2,561,0 14,0 0
5,0 ,0
1,5493670
tr4
5:,,0 0 26,51-0 r
259,0 467,310 739, 85 250, 0 40 ,0 602.364 175,0 0 130, 0 40 ,0 629,780 350, 0 396,159
875,0 0
15,0 0 37,510 120,894 10 2,934.985 5,40,0 81,4 364 1,40 0 3,629780 52,46159 269,01298
;
-
-1940
ro
►—I
tr4
2,61,0 14,0 0
5,0 ,0 910, 0
6,250, 0 12,30 1,350, 0 16,950
$ 35,290 925,63 0 39,805 139,50 17.30,
2,059 730
Total
5,325,0
2,059730 37,510 197,029 71, 08
t—t
HH
I—I
4*
>-$
o
X
X
2.
6
360.
/
1,047,
342,
1
1,
5.
223
132.
12
3
229,
-
93,408369 375,0 0 1,306,0 3,07 528 1,530, 0 20,41 07 150, 804 27,83602 784,3 27 34,750 £,306,0 13,6 23 19.50, 1,09720 uSoi o 7,89~037
•
Capitl
New
'
$
10, 0 1,0 0 27,48561 2,59,85 4.094,0 4883.3663 875,0 1.40,0 2,09,780 32,05 2 18,90324 132,46398 263.09, 8 8.264.985 6,250, 0 4,09.0 89, 1 0 12.6750 1,032,80 1,40,0 2.09,780 1,350, 0 15,0712
10 ,0
910, 0
Capit l 132,46.98 234,697 5,70 6,250 41752,65 1,80 1,03280 1,350, 0 109,48207 54,27093
460.7 ,0 623,70861 2,150
54,27093 1,0 0 51.47,98 67,42 96
$
New
;
•
Total $
=
A:
2,16 5370 38.129,50 20,93.25 78,53204
Refundig 18, 965 123,608 2
1,354291 802,3
S
1941
■
<1
Capitl $ 807,94568 19,247.53 7,31593 7,30824
New
■
%,
Total
421,875
834,51 0 4,20 0 10,584 16,84263
$
21,36672954,798083
250, 0
32,01 1,207 9 71,80 6,938,0 215,3 80 140,975 0 31,9260 50, 0 1270,
Total
4,0 0 1,50 0
1,9240 891.357,6
/•
4,0 0 671.80, 416,075382
1,943972,5188500
$
421,875
*
836
475.28,49 1,50 0
Capit l
Total
965,7426 497,250 50,3129
v
250, 0
24,360 364,018 9,40 3.40, 0 8,23983 56,3190 1,203 0 5,40,0 547921,65
$
New
35,8026 406,2150 172, 5497
$
Refundi g 107, 50 304,720 162,40 3,4980 127O3,517 84.65,0 30,72 0 4,60 0 57,28 95
—1941
42,19357260,1893648,0875StUihNBnaPprMuolEeasdcvwmdFGt.nlbfokeichgvadugrsfnc,yYFNEMTIFOALVSDRUHONASIR.ED
YFNE3MIOFTALVDMIRANL0HOUASOC.RPDGN
Refundig 34,167290 1,0 0 7,58 24 3,05 46
—1942
329,50
/
*
:
5,0,0 9 0, 0 7,0 0
2,116,354523790
1,360 450, 0
807,94568
40 ,0 0
Refundig 15,4 850 247,6980 2,0,0 5,48360 19,25 0 3,4250
-1942 $
■
¥
5,241965 18, 965
179,50
/.
619,8726 90, 0 4937186,0 251,68091
Refundi g 91, 20 294,07 10, 0 12, 8571 157465 1/79360 528,4 571 "Vo .o o 15,0 0
v;.
Capitl
$
25.940,2 2,50 0 53,48593 32,4591 2,50
520, 0
9,7 3,0
490,186
784,039
1,0 ,0
37,0 0
Total
$
Refundig 0,75 0 27,85397 9,64028- 38,250
2,09461
2,3467 8 12,035 391765,0 389,754
$
-194
*
Capitl
New
$
394,268739 2,0 0 13.72,43 84, 916 21,0 . 0
7,490, 0
35,8026
59,743 5 15,0 2753,20 6,02875 16,7895 29,10 153,0 6 2,50. 0 3,0 0 269,4351 574.0 2.015, 0 "¥5,0 0 2,53 20 23,8075
124
610,
.
-1943
15,0 0 J41,83 720 5704,73 2,96875 1,32,347
*
*
3,250 520, 0
Capitl 57,2810 15,08 0 15,9342 17,0 0
150, 0 2,05 0
8,0 ,0
New
Total
$ 570, 0
V
1f,2 680 12,30 :
2 0, 0
354,270 85,70 2,510 1,50 0 84,7650
Refundig 13,80 146, 782 43,06714 2,51 0 37,56 0
482,50 1,2073642
3,156729 ACHANRDTE
1
'
27O ,0
520, 0 150, 0
2,50 2,38,380 1,07,54 7495,437 4,671,920 2,917,653 85,94 14 57,2810 17,891380 4,267,54 2487 5,86 17,0 0 6,721,920 10,97653
2 0, 0
12,750 12, 3582 1,98750 V295,*167 4 10,3890 45,0 0 9,823,540 20,1638 504,39584 580,7 0 1,34 582 124,8750 651792, 4 95,83 90 2,510 48,50 0 9,8237540 104,928
50 ,0
New
7
10, 0 750,0
2,048196
Capit l r87,9450 19,4 358 8,50 0 20,0. 207, ~128 42,6385 £,50~60 4719,40 415,268739
■
<£
75,1875 91, 20 309,413720 10, 0 193,7 4 10,7460 2,96,875 3,125347 619,8726
¥<
10, 0 750, 0 2,0 0
25,19042
$
-194
63,8409 14,820 215,3982 14,20 87,23076
OSUMFARY
4,0 0
._—
$
12,035 406735*,0 605,1437 21,70
2,9806754
3,48196
4,0 0 10,64 970 15.4 ,850 251,03 2.0, 0 58,36091 20,95 0 3,4250
520, 0
38,0 0 ' 1v7,28715 1,07,54 132,09 10 6,98,795 47250, 0 16,43859 148,39 0 327,051 14,267 54 42,059 10 17,0 0 10,8960 9.018,795 14,03 0 983,50289
•
21,6040465,9,37838721 TISCOGONHRRFPU-NUEPAEIW 2,4630
FGFCOAOVREREPNIMGNATT,, — fbSfraumaootunnicpydeiltdyesss — .— — — etc. 1 etc.
'r
New
982,150
1;0 ,
\V
36, 573 80,140 16, 416
2,40 13 0 12,750 409,58640 94.813,94 59,20
~~
143,90 309.87,0 13,250 273650, 6 17,0 0 10,8960 2,05,0
1,622973,14,45998775038408
3,76 0 578 7,270
New
s
90,58967
7
3,20 0
'J—i.-L
2,0 0 1,20 0
Refundig 510,84571 15,0 0 71,950 35 3,568 0 18,0 0
-134
$
18,37982 15,04617 24.36,0 390,15 70 9.850, 3,40 20.69583 56.3190 1,203 0 5.40, 0 250,0
37,2456 627 1,065 15,0 0 2,53.20 10,2 875 127,4 926 4,6580 40,36 4.70, 0 3.0 ,0 327,9605 145,0. 5,4750 ~"95.0 0 2,53.20 28, 075 965.74,26
i-'V
983,50289 90, 0 573 0, 417,85 -
Total
:
*
763,890 38.0 0 125.43S8 36,02781 20,5 0
New
.
4,20 0
1,0 ,0
34,167290
Total
Capitl
".v.
.v.
Capitl 29,10, 19,5820 2.50, 3,0 .0 207,69130 108,37450 2,0150 ¥5,60 17,806
490,18 60 3,20 0 102,5784 13,78917
124, 0712 13,205 945,62 75 69.40, 0 3,498,0 143.¥o,274 84.65,0 30,720 4,60 62,53086
108,3 95 16,¥78*"57 ':
17,258035 19,24753 24,38970 v 127 6,50
2,0 0 2,0,0
4,6580 36,780 4,70 0 3,0 0 263,1750 128,30 5,4750 *"~95,0Q 18720,6 834,51 0
$
150, 0
610, 16 91,06 0 3,085 2
$
18,37982 279,45129 37,510 1,3578264 79,250 6.938,0 8345,97V, 0140.9075 50, 0 250, 0 153¥8,27
31,9260
2,50 38,12950 132,7 45 128,35" 7
/
-
1,2560
5.0,0 2.350, 7,450
$
'■:■■■
'
*'V
<
270 ,0
.
10,75■0 98, 67910 137,0914 ¥45,0 0 6,81375 287, 425 492,850 1,30425 13,80 283,75012 43,06714 2,510 45,0 0 4,381975
,
3622,9,3,8406757784
2 0, 0
23,167 2 1,98750 158,0 34 10,3890 9,823540 13,47513 216,57 19 87,9450 42,71 03 10,48750 367,85162 52,7153 1,50'CO 9,8237540 60,54 913 63,8409
2,0 ,0
N3ENOD0V^ bonanotdedssShort-e.m stoc.k- stock Candi— bonanotdedss —.—Presftockd :stock foreign- bonaontdedss — stock— stock.i_:— corpate. Governm—t governmtIi_. Goaavnctds,-&♦Municpa.l—_^Sittes,,PogSrsn—- —It ifnignculrueosd.det N3ENOD0V. NBotoeans-ds1 utiles eccotoparl,,manufc.es ori inmadanuunsfctrtdrilg — beuiltdcngs, httroraludisng,, NBotoeasn—ds utiles eccootpalr,,manuf acesori inmdaaunusnftcrtdrilg beuildtncgs,!.1 httrorauldsing,, utiles eccotopa.lr,,:manu i_aces.or Inmdaaunusnftcrdtirilg ^ beuildtcngs, httoerraludtcisn.gg,,,Miscelanou utiles ectcco,op—arl,manuf-Iacesori imnaanduufncsttrdrigl:— beutci—ld.ngs, hetortlartducins.g,, seccuorriptate iV"-*•:J>w.•.
MONTHS Corpate- Domestic— Long-term Pref red Com on
Long-term Short-em Com on Other Long-term Short-em Pref red Com on
11
K'>-*■
lK*:l
Total
toal ♦Thes MONTHS Long-Term
Railrods ste l, Equipment Maontodrs
Can dian foreign Loan SUtnaiteeds
Grand
Other Farm
' •• !
*.*'V
O
vr'';
'/;
*
Public Iron,
Short-Tem Railrods Equipment and
Rub er Ship ng Investm n Miscelan ous
ste l,
Total
11
Other Land,
Oil
Public Iron, Motors Other Land, Rub er Ship ng
Oil
Investmn Miscelanous
Total
Stocks—
Railrods ste l, Equipment and
Public Iron, Mot rs Other Land, Rub er Ship ng
Oil
Investmn
Total
Total-
Railrods Public Isrtoen,l, Equipment Maontdrs Other Land, —,rebuR. Ship ng Investm Miscelanou
Oil
'
Total
"
cr»
00
1944
Monday, December 18,
FINANCIAL CHRONICLE
THE COMMERCIAL &
2688
Preliminary figures
pared with a year ago.
compiled by
telegraphic advices from the chief cities
indicate that for the week ended Satur¬
based upon
us,
show an increase com¬
this week will
Bank clearings
of the country,
Dec'. 16, clearings from all cities of the United
States from which it is possible to obtain weekly clear¬
day,
above those for the corresponding
week last year.
Our preliminary totals stand at $11,100,220,698, against $10,879,823,014 for the same week in
1943.
At this center there is an increase for the week
ended Friday at 4.0%.
Our comparative summary for
be 2.0%
will
ings
follows:
the week
TELEGRAPH
BY
—RETURNS
New York
+
444,373,407
+
9.1
309.256,845
166,999,099
Philadelphia
$4,852,061,577
337,253,680
Chicago
167,327,167
174,700,000
263,865,000
219,447,860
j+
4.8
264,022,630
1—
8.7
138,639,390
+
2.8
$7,336,693,876
1,702,870,879
+
3.4
Boston
—
274,006,000
Francisco
Ban
563,000,000
180,800,000
Louis
6t.
—
.—_
Cleveland
208,852,890
186,214,901
Baltimore
142,477,777
Pittsburgh
days__
five
cities,
Other
$7,586,527,320
1,663,656,595
9.1
+
0.2
cities,
one
$11,100,220,698
3.8
2.3
+
+
2.0
+
of transactions
Exchange is appended. The re¬
for November and the 11 months of 1944 and 1943
sults
follow:
1944
1943
231,814,368
259,215,105
1943
1944
Block, number of
shares
18,246,011
' '
18,019,019
—_
Bonds
Railroad & misc.
$189,948,200 $176,485,900
bonds
♦
bonds
government
U. S.
bonds
364,500
_______
$196,863,700
bonds
Total
properties on the
Exchange for the 11 months of 1941
York Stock
1944 is indicated in
to
5,474,300
3,222,375
$187,631,000 $2,428,171,700 $3,030,832,075
419,600 0:
transactions in share
The volume of
New
the following: *
1943
V
No. Shares
No. Shares
of
February
March
12,993,665
7,925,761
27,643,038
___
18,032,142
24,434,084
36,997,243
8,587,828
_____
62.555,204
79,463.469
13,846,590
17,228,380
*33,553,559
June
37,712,751
23,415,845
68,787,721
92,020,949
jf
2nd
!
Six
._
Quarter———
____
September
64,9187601
October
The
of
York_
New
24,056 19,460 15,124 15,199
1,046
907
1,303
1,165
Baltimore.
678
611
Cine.
530
432
1,007
521
389
839
841
683
_.
Kans.
C'y.
Cleveland.
940
Minn.
768
480
318
1,241
249
254
66
124
218
178
874
625
630
Oris..
397
371
Detroit—
1,488
New
Milwaukee-
70
153
Buffalo
264
1,392
284
306
64
133
264
223
265
215
269
Louisville
Omaha
308
_
295
__
Providence
St.
—
Paul—
Denver
___
Ind'polis
Memphis
Salt L.
10,014
11,998
6,852
4,914
10,150
5,707
4,394
8,906
7,142
9,760
6,366
3,920
15,850
3,155
3,358
785
1,578
8,406
4,852
3,112
11,938
2,694
2,367
761
1,396
2,422
136
'
-
_
C'y
_
Total
Total all
Out. N.Y.C.
117
109
1,408
248
3,737
1,309
3,499
2,017
4,203
1,293
716
216
191
259
97
56
3,742
28,094
3,547
47,545- 40,947 33,809
31,641
23,489 21,487 18,685
16,442
4,627
5,093
.
1,831
1,989
1,409
301
221
330
114
52
42,452 36,320 29,867
__
Oth. cities
127
354
*352
128'
126
69I
59
—
Hartford
217
2,784
2,167
2,522
We now add our
2,193
4,193
,
2,994
1,834
New
4th
Cleveland
5th
Fall
River
New
Chicago
Bedford
Louis
St.
10th Kansas City
11th Dallas
New
Haven
-
Outside
R
I.—Providence
N.
H.—Manchester
Total
(14
cities)
—
2d
New
3d
4th
Cleveland
—
Richmond
—
6th
Atlanta
7th
St.
9th
Minneapolis
Louis
10th Kansas City
—
11th Dallas
Francisco
12th San
Total
Outside
—
355,031,069
tv.
7,378,566,149
:c
1
District has to its credit a
gain of
9.4%.
2,338,053,907
2,242,688,427
1,032,616,765
I
.11
$
1,506,875,510
15,780,913,432
2,328,297,942
1,984,585,533
15,727,039,817
23.0
+
1941
1942
$
III.
1,636,461,302
;
+ ii.2
20,182, 797,142
2,729 273,988
2,563 094.103
+ 14.0
+
9.4
1,136 581,057
+
10.8
1,894 005,538
3,899 849,415
1,269, 711,771
+
9.3
1.376,739,047
+ 12.0
3,449,819,592
1,088,913,267
1,171,541,679
2,967,651,786
973,831.595
653.239,090
1
904,400.960
+
7.5
"10
+
10.0
760,174,599
1,571 899,561
+
0.2
1,286,565,692
1,059. 894,541
2,181 251,209
+
9.1
902,588,753
771.915,111
9.4
1,917,809,304
1,602,152.396
40,931,850,787
+16.2
33,809,470,472
31.641,758,221
21,471,722,418
+
9.4
18,685,036,471
16,442,439,802
aaq 5 V
23,489,543,696
+
$
1941
1942
Dec.
1943
11 Months
11 Months
Inc. or
11 Months
996,353,187
the 11 months for four
Federal Reserve Districts in
the clearings by
showing
Richmond Reserve District of
District of 9.3%. The
Dec. %
1,643 914,852
47,545,973.766
-
3,558,691,193
"I/-VI
17,321 267,564
15,366, ,671,972
180,148 061.177
171,409, ,271,537
27,408 548,735
25,238, ,025,941
24,804 064,821
20,817 ,002,659
19,191,288,555
265,078,258,982
31,361,334,505
30,275,114.795
12,796,371,930
19,495,132,436
47,728,574,924
14,205,852,644
10,046,999,628
17,184,190,888
12.150.152.532
24.803.774.533
17,147,687,284
43,756,343,295
13,097,311,903
9,547,122,599
16,445,104,280
10,882,244,855
23,235,032,775
19,378 643,053
15,887, ,816,365
456,991,924,675
371,876,421,703
335,549,235.635
505,006,671,773
_186 cities
18,841,156,278
232,199,301,467
13,485,997,351
14 cities
14 "
17 "
_17 "
— 8
"
16 "
31 "
7 "
16 "
16 "
11 "
19 "
232,537,736,587
198.443,006,431
30,733,086,268
28,310,156,741
9,530 146,896
11,089 396,098
14,053, 665.483
11,686, 329,628
31,475, 006,536
37.052 902,956-
9.661, 872,363
11,139, 432,253
7.595 433.894
6,526 .143,319
12,906 048,828
10,421, ,105,434
7,529, 892,485
8.978, 866.841
170.417,012,323
;
months since Jan. 1, 1944 and 1943:
the clearings by
MONTHLY CLEARINGS
-Clearings,
Total All—
1943
1944
Month-
V '•Vl
46,102,505,138
January—
FebruaryMarch
.
May
138,307,483,718
42,393,400,887
Total 2nd quarter-
+
15.8
+
19.4
12.9
+
5.9
+ 19.1
67,596,763,723
59,718,138,002
+
13.2
—
Total
6 months
August
September
45.535.029.073
3rd quarter-
Total
9 months
21,781,885,556
20,532,394,870
+
6.4
21,281.016,345
+
12.8
63,595,296,771
123.313,434,-773
+
1.5
67,206,905,032
134,803,668.755
22,428,297,103
22,140,948,878
22,615,211,291
+
8.7
67,184,457,272
4.6
+
11.4
+
12.0
+
November
11
126,614,493,859
372,789,808,749
43,270,265,139
47,545,973,766
505,006,671,773
40,931,850,787
456,991,924,675
137,604,299,748
411,925,668,934
October
months—
for each city for the month of 30
November
Jan, 1 to Nov.
1944
Inc. or
$
Dec. %
41,715,829
+ 21.3
13.4
Dec.
S
36,188,937
.
•
24,079,181
22,064.892
1.023.374
12.5
5,165,149
+
13.0
337,510,225
+
59.3
955,374
+
6.5
878,510
+
5.7
+
9.1
—
+
431,365
1,130,818
1,240,298
+10.9
61,553,697
17.1
214,404,038
0.8
+
212,757,499
1,329,088
4.953,361
+
9.4
136,106,256
130,062,522
+
4.6
/ 3,856,529
716,429,624
5.7
14,805,496
293,772,684
289,535,592
6,031,789
5,756,931
.
7.4
•
+ 10.1
—
+
1.5
4,612,704
2,929,511
'
1,052,877
+
7.4
+
31.6
3,105,571
2.869,513
5.3
13,429,733
16,661,143
4.8
6,608,200
5,773,369
+
—„
,
19.4
84,129,200
2.6
785,076,000
+
2.5
25,009.fim>
64,556.100
9.2
804,504.800
14,953,500
+
32,898,133
30,773,657
+
6,9
1,416,927
644,153
+ 26.0
11.2
561,574
♦
1,071,229
4,917,963
.
3,987,701
.
•
.
.
•
+
81,919,300
—
6,663,300
+
1,260,446
7.2
—
M
306,701,133
•
449,462
162.2
+
15,640,459
757,199,696
+
•
$
828,503
3,462,023
3,874.643
+
9.4
1941
319,174,563
55,907,979
+
+:
763,823
27.3
+
7.0
.+,'2.4
:>-'.:+<<6.8
$
801,293
■;
V
2.7
+
!
1942
4,359,379
49,911,352
24,776,622
$
2.0
9-
1,399,653
+
9.7
weeks:
Inc. or
Dec. %
"
$*
360,600,126
171,756,555
16,234,532,016
46,844,057
9.0
%
1943
1944
1.7
165,271,075
16,504,822,431
+
•
7.9
+
21,471,722,418 1
232,537,736,587 <;.
23,489,543,696
248,381,886,092
4.0
+
—
65,402,788,157
188,707,214,930
22,358,799,239
3.9
—
1.1
+
16.2
+10.5
+
'
1
23,307,290,909
1 22,904,216,369
5.7
9.3
+
20.527,655,873
201,988,126,027
5.2
+
+
21,558,833,375
*
,
Wee!k Ended Dec.
+15.3
37.2
23,451.209
+10.5
+
and the week ended Dec. 9 for four
Inc. or
1943
+ 40.5
•
I!
+ 19.8
+
1.9
21,359,926,087
1.1
<21,839.404,968
24,007,573.977
4.3
,
Total
Total
—
130,022,286,329
246,175.314,890
42,367,810,481
39,013,690,325
45,232,993,053
47,470,448,523
44,225,312,335
45,908,538,890.
July—
24.6
—
136,013,885,468
274,321,369,186
Dec. %
22,189,626,341
21.0
+
43,426,282,528
42,307,638,393
50.675,228.616
June
$
22,809,158,872
21,290,328,895
23,497,275,956
+
116,153,028,561
44,288,365,408
42,945,255,965
Total 1st quarter-
April
Inc. or
1943
S
19,702,118,370
17,826,393,291
+
38,104,684,580
34,995,819,487
43,052,524,494
43,591,816,956
48,613,161,624
York-
-Clearings Outside New
1944
Inc. or
Dec. %
$
+ 16.1
1,643,914,852
98.549.515
•
4,001,499,004
Inc. or
1943
1,354,841,393
958.760.775
1,574,808,997
1,155,864,768
2,385,446,619
following compilation covers
The
59,778,555
2,676,013
.
7.857,639,087
v
Francisco Reserve District
1,828,155,561
24,828,239,586*
3,111,625,494
2,803,261,652
1,314,821,096
1,851,207,387
4,368,940,438
Y. City
N.
18,865,672
1,828,155,561
—.
Chicago
8th
12,240,656
■
151,988,523
190,352,806
• >
248,381,886,092
York
5th
2,270,196
2,371,354
231,767,483
District of 7.5% and the
Minneapolis Reserve District of 10.0%.
The Kansas
City Reserve District has to its credit an increase of
0.2%, the Dallas Reserve District of 9.1% and the San
$
Philadelphia
2,546,245
70,508,400
264,883,346
530,056.373
12.0%, the St. Louis Reserve
the
1944
i__
Boston
4,922,190
25,474.214
,
10.9
Reserve
Chicago
$47,545,-
11 Months
1st
+
'
461,639,583
.'•W
10.8% and in the Atlanta Reserve
by
by 11.2% and in
14.0%.
In the
register an im-
Federal Reserve Districts
+
■
—
provement of 3.4%, in the
of the clearings for
-
append another table
We
2,949,354
27,463,044
7,958,800
+
years.
14,343,255
5,656,000
YJfl.v;
:_L-
City
Y.
N.
69,426,911
■___
+ 18.7
4,353,822,157
—186 cities
IVV -I
13,391,673 •"
Waterbury
I
Total
22,085,502
Conn.—Hartford
a.
Francisco
12th San
1,420,973,102
2,485,303
Worcester
—
Minneapolis
$
2,793,625
6,271,000
Hoi yoke
Lowell
9,070,818.650
14 Cities
14 "
17 "
17 > "
8 "
16 "
31 "
7 "
..16 "
16 "
_11 "
19 "
York
9th
1943
$
564,110.672
V:v
454,359,480
$
Atlanta
6,913,786
Mass.—Boston
+ 18.3
1944
Richmond
6th
14,498,534
_
481,025,855
of clearings having been
Philadelphia
1,164
1944
3,576.189
_
—
568,787.122
"
of November—
3d
1,577,411,440
Portland
241,787,275
120,402,684
4,828,480,381
aggregate
2d
detailed statement showing the figures
Me.—Bangor
+ 16.2
10
Boston
3,508
1,307
1,102
757
672
450,823 413,807 330,792 299,402
55,183 48,292 41,084 35,947
505,006 462.099 371,876 335,544
248,381 237,645 198,443 170,417
District-—Boston—:
156,746,024
134,869,947
For that month there was an
for the entire body of clearing houses of 16.2%,
1st
Month of November—
Clearings at—
First Federal Reserve
+ .2.0
Federal Reserve Districts
2,517
1,651
2,622
917
642
:V
217,503,507
288,750,549
Y. City
N.
Month
4,151
2,537
8,148
2,424
1,764
688
1,13.9
2,097
1,558
1,789
+ 16.8
213,750,998
294,400,956
23.0%, in the Boston Reserve District
the Philadelphia Reserve District by
Cleveland Reserve District the totals
5,666
6,961
10.5
1.7
.
V
f
311,651,981 ■; YV
542,510,706 V
254,867,309
188,817,231
+10.1
+
10.767,278,264
1944
8,271
'
v
216,011,781
"
A-—
—J—,
Francisco
increase
24,033
5,491
248,702,911
"
We also furnish today a summary
8,508
4,888
3,705
379
250
367
_
Richmond.
Seattle
11,388
835
456
362
527
676
407
244
771
239
171
61
106
196
159
185
792
1,13.2
Fran._
San
13,418
7,179
5,292
9,198
10,225
6,718
4,174
17,432
3,388
3,415
804
1,699
2,104
2,258
2,705
773
Louis—
Pittsburgh.
St.
12,244
16,504
29,990
8,433
29.0
9
the month of November.
7th
562,420,350
$
358,396,556
3,955,728,437
_
Outside
the
4,000,136,834
542,086,810
1
9 7
Total
18,243
13,096
23,304
2,621
757
Phila.
14,812
26,216
6,509
1,714
1,416
1,295
2,292. 2,223
609
535
270,558,055
Louis
12th San
165,132
19,228
16,234
29,471
7,808
1,671
1,420
565,996,961
10th Kansas City
1941
21,404
1,925
1,577
394,521,036
625,225,168
316,129,040
Chicago
St.
15,047,142
256,624 224,454 173,433
2,223
__
—
434,481,187
"
1.0
+ 25.6
—
260,802,919
"
17
Minneapolis
63,720,802
17,872,807
10,874,650
1942'
1943
1944
337,510,741
10
__
Atlanta
9th
,<$»
$
2,985
Chicago
Boston
Richmond
Oth
7th
■
12.3
+
"
5th
lYlll
$
389,895,598
+
V
676,203,310
543,368.968
leading cities of the country for
months ended with November in
the subjoined statement.
1941
1942
1943
4*
if f nd 1
4,866,279,613
610,319,055
CITIES IN NOV. FOR 4 YEARS
November—
Jan. 1 to Nov. 30
Month of
1944
(000,000
370,937,930
669,670,677
7
\;|VV V
%
+ 14.8
6,114,340,648
CLEARINGS AT LEADING
BANK
Am
13,437,025
18,248,011
Dec.
$
1941
1942
Inc. or
1943
"
four years is shown in
the last
each of
__
of bank clearings at
November and the 11
course
month
the
17,533,817
18,019,019
——
November
CLEARINGS
BANK
"
55,561,998
196,261,532
months
Nine
Reserve Districts:
10
9,449,934 13,546,161
25,210,825 42,293,618
227,046.416 "77,002,916 106,014,420
13.9227678 15,932,595 13,151,616
15,945,982
__
Quarter
3rd
26,324,332
14,251,976
14,985,690
28,219,705
20,752,920
July
August
51,792,091
8,373,550
7,387,341
131,342,925 171,484,418
months___—__
v
35,051,545
2.0%, the Dallas Reserve District of
Francisco Reserve District of 18.3%.
12
Cleveland
credit an increase of
16.2% and the San
City Reserve District has to its
sas
New York
4th
Reserve Dis¬
by 10.5% and in the St. Louis
Reserve District by 16.8% but in the Minneapolis Re¬
serve District the totals are smaller by 1.7%.
The Kan¬
trict the totals are larger
Philadelphia
22,284,837 31,314,623
April
•:}
Boston
1st
and the Atlanta Re¬
29.0%
In the Chicago
10.1%.
District of
serve
of
District
Reserve
mond
2d
29,507,254 32.406.179
7,589,297 11,185,760
7,229,0.97
9,667,050
7,466,443 10,461,813
Quarter
District shows
serve
:./+,+■ "IV,
$
10,124.024
May
1st
register a loss of 1.0%.
The Cleveland Re¬
an expansion of 12.3%, the Rich¬
totals
the
3d
13,312,960
8,969,195
17,811,394
17,100,772
January—
gain of 25.6%, and in the Boston Reserve Dis¬
but in the Philadelphia Reserve District
a
of 14.8%
trict
1944
9
Dec.
Districts
Reserve
8th
1941
No. Shares
1942
No. Shares
1944
Month
111,177,600
95,482,000
10,725,500
6,551,000
______
record
425,916,648
$2,327,215,400 $2,916,432,100
govern't
Foreign
Ended
York District
New
the
by Federal
a summary
973,766 and the 1943 aggregate $40,931,850,787. In
New York Reserve District the totals are larger
Eleven Months
Month of Nov.
Description
Federal
0.5
the New York Stock
on
Week
11th Dallas
2.3
which they are
SUMMARY QF
8th
.—
$10,879,823,014
monthly detailed statement
Our usual
3.5
+
$9,039,564,755 '!
1,840,258,259
$9,250,183,915
1,850,036,783
days
day—
Tot. all cities, five
All
furnish
we
0.9
—
—
City
Kansas
following
40
$5,047,012,086
484,910,887
558,000,000
—
In the
Cent
'
the Federal Reserve Districts in
located and from this it appears that in
(including this city) the totals
the cities according to
week covered by
the foregoing will appear in our issue of next week.
We cannot furnish them today, in as much as the week
ends Saturday and the Saturday figures are not avail¬
able at time of going to press. Accordingly, in the above
the last day of the week in all cases has to be estimated.
In the elaborate ; detailed4 statement however, which
we present further below we are able to give the final
and complete results for the week previous—the week
ended Dec. 9.
For that week there was an increase of
18.7% the aggregate of clearings for the whole country
having amounted to $10,767,278,264, against $9,070,818,650 in the same week in 1943.
Outside of this city there
was
an
increase of 10.9%, the bank clearings at this
center having recorded an increase of 25.9%.
We group
Complete and exact details for the
Per
16—
Week Ending Dec.
1943
1944
CLEARINGS
O F
C O USS E
TH E
19,191,238,555
18,841,156,278
+
1.9-
425,916,643
370,937,930
+ 67.3
+
20.0
+ 14.8
■;
'
14,755,600
,
1,163,269
14,131301
389,895,598
358,396,556
1,100,969
2m
1
yolume 160
CHRONICLE
FINANCIAL
THE COMMERCIAL &
Number 4343
-Week Ended Dec. £•
-Jan. 1 to Nov. 30-
-Month of November-
1944
1944
$
Second Federal
W.
Reserve District—New
$
59,968,167
6,087,242
264,269,952
;
4,762,040
24,056,430,070
1.378,685
1,499,490
0.9
+
53,900,000
48,200,00®
2,784,282,750
11.5
9.5
+
58,000,000
0.2
1,587,400
63,514,455
+ 32.7
+
1,196,152
73,521,862
1,112,805
+
2.6
1,379,485
3.6
3,104,906,925
52,925,616
+
0.2
56,786,744
51,379,001
23.6
256,624,785,681
+
19,460,128,369
54,963,821
48,787,610
■
York
26,747,870
Syracuse
Utica
12.7
813,131
1,074,45®
"4,716,996,493
+ 25.9
3,856,140,083
3,8x9,874,956
10,435,42®
5,908,184
+.12.9
9,933,814
7,334^981
+
3.0
547,139
383,962
+
7.3
224.454,188,088
+
18.8
524,591,499
+
10.0
295,013,853
+
7.1
+
4.5
+
17.4
60,728,677
58,131,062
+
33.6
369,515,134
328,242,822
+
8.9
20,420,153
19,834,900
1,934,731-.
2,106,439
V-
.
109,849,531
167,378,041
172,028,207
4,769,691
4,153,434
18.6
+
1,218,123,406
1,301,248,720
■
;
.
N.
Northern
J.
Oranges;
L
Total
+
1,843",779,417
23.Q
+
-■A
—27.6
39,069,676
32 827,268
+
19.0
4.7
135,017,016
132 419,683
+
2.0
7,330,212
+ 19.0
88,297,939
.78. 786,646
2,299,922
+
5.7
27,515,433
32,692,453
+
11,287,513
;. 1
22.8
3,012,222
2,453,178
+
2,621,000,000
+
13.9
10.230,918
6,023,059
+
71.5
...
25
28
+
9.0
2,031,332
+
0.7
7,177,100
5,861,300
+
22.4
4,471,800
6,179,600
1.0
542,086,810
564,110,672
18,415,770
8,349,289
+
13.0
8 ,265,051
+
+
9.1
36,192,737
33 909,757
+
+
8.1
262,069,249
239 .880,105
+
9.2
267,655,318
236 346,400
+
13.2
37.4
+
18,171,700
24,953,518
Oft/ft
.
;—a
Youngstown
.
'+
+
4.5
10,225.418,859
836,246,700
9,760,106,103
69,985,200
3,491,068
+
37.7
40,457,718
37,890,643
1.424,250
1,158,795
+
22.9
9,407,987
+
8.6
7,763,370
-
40,807,847
ft. .7.7
—
Erie
1,449,629
770,961
-
cities)..—
Sixth Federal Reserve
562,420,350
461,689,58-3
+
172,134,805
168,059,445
83,943,829
.
6.8
—
2.4
ft
+19.0
v
103,842,277.;.;
+14.6
.
28,310,156,741
+
6.9
62,018,164
54,821,946
+
13.1
21.9
315,667,000
293,688,000
+
7.5
8.272,000
354.132,845
+
•+
6.8
110,299,001
+
0.5
2,681,839
—
+ 12.6
23,193,675
168,184,503
ft-!
<
15,441,286
46,636,011
38,450,696
337,510,741
260,802,919
+
29.0
409,690,533
+
33.1
11,521,585
15.9
1,745,413,506
+
5.4
5,895,990.000
+
16.8
.107,753,957
+
7.9
39,027,116
168,000,00®
3,061,042
9,940,928
37,842,139
142,200,000
.2,519,754
+
545,236,860
1,838.854,384
+
4.6
4.6
6,886,900,000
116,232,578
97,457,267
22.065,414
Mobile
1.4
rl'
.
+
-
r
'
3,293,677
371,898,360
1,694,005,538
4.0
+
--
ft
2,545,429
2,524,681
4,043,237
—
-
City
Wayne
13,958.069
Gary
266,910
+
4.0
73,156,305
59,8911061
434,481,187
394,521,036
+
10.1
311,651,981
264,883,34£
13.7
+
31.6
714,793
588174*-}
754,138
3.9
+
ft;;.
.
+
0.7
162,910,376
69,887,553
26.7
42,560,806
+
3.9
+
8,759,283
7,890,776
45,761,059
7.3
1,408,214,000
1,409,452,408
0.1
,'187,329,923
7.3
6.1-j,
173,621,022
383,441,631
94.011,382
7.9
33.'5
"399,439,803
..+ 11.0
100,425,250
15.1
+
4.7
3,863,792
8.8
45,782,026
8.1
12.4
"ft
8,373,915
<
.57,554.561
+
-,;iiii«^80,325
< «,
938,042
+
7.7
0.8
■W
'3,266,287." f
—if.
1.L—
j...
Bloomington
Decatur
-if--.—
Peoria
/._■
*io
'?
Rockford
i
b
*
; "3,170,f)04',. :
i
L
2,223,250,.^;;
,
16,994.00
,
,35,314.851';;."
'
9,735,016 '
—
+
'•. .10,118.057
ft
Total (31 cities)-™-
1.3 "
851.^66,274,702
9,787,046
1,046,870
+ 21.5
9,857,759
3,839,849,415
+ 12.0
47,728,574,924
792,699.677
Louis
Girardeau
5,105,047
765,810
Independence
Ky.—Louisville
308.532.627
250«77.585
t
847,147
—
5,913,500
Quincy
Totali(7 cities)-———
—
1,364,84.1,393.
3,456,423
3,399:04^
7,578,599
+ 34.6
8,840,614
7,257-; TTi;
31,n6~359
"+~7~i
33,646~336
28^7021325
2,287,886
-10.0
1,846,285
1.661,831:
2,160,147
14,481,646
3.8
11,898,607
12,52*204
13,934,788
6,754,174
9.6
5,824,720
—
3,957,194
?
35,7327032
+
7.6
-
-
7,474,483
5,122:381
:
552,571
+ 14.3
488,693
3991986
631,745
446,505,332
+
9.0
422,033,481
486,781,974
422,474,307
8.9
18.1
1,597,689
2,824", 33+
9,649,539
2.265,423
4,82®35f
25.3
1,673,474
21.2
5,786.002
+ 55.3
8.0
2,038,065
+
+
1,975,897
8,987,088
2,552,432
+
+
l
IT®. 103,143,446
861,729
;
26,664!00Cr
7.2
28,824,000
4,240,449
10,203,434
3.9
v',+
II-?.'248.,979,253
111,40:7^12
10,359,438
Eighth Federal Reserve District—St, Louis—
lenn.— Memphis
■
10,029,105
„
"+~20"0
34,583^252
{i+18.4
93,658,273
6.2
4,368,940,438
Springfield
Sterling
2"8~5~9~,913
28,~351~66o
+ 10.2
•
+
+
+
;
10,539,16T4
301.714.30.7r
+ 41.7
.".,9,170,002
~+29~.7
1.5
pdi'12.1
ri s-9
36,722,804
+ 68.0
,'.24,927,807
-
23,304,03®A94f IJ n o Iv21,404(460,585
'ni.sra.w&s
m.8«0,O£6f732
+ 15.5
'
2^669*,320
1.8
,•
:29',14T,§6T"
29.0
",1,925,790,680
*
3^462",181
1
+ 10.2
2,964,072
457.707
,
"'
2,61® 00ft
7.9
92,4'3'4,{56f
658^69,082,,.
315,418,54L- i
10.945,271
945.393,
4,l97~427
7.2
26,405,100
339,233,862
+
28,850,140
'
7.7
\
8,466,844~.
103,620,524
717,683,173
—
64,666,083
—
City
Ames
4,64® 887
2,556~257
6.8
42,421,794
26,809,223
—
4.2
26,793,736
8,623,495
0.6
'+10.7
655,473
2,039,290
9,266,076
la.—Cedar Rapids_;
1,578,488,189 ;
1,699,987,182
28,714,245
+
•,
4,~142~528
>16/7
3.7
+
ft,..'
"+40/7
3,597~181
7.5
140,731,149
267,044,167
2,416,972
.ft
16.5
150,973,239
v
133,586,404
*"
+
276,937,396
ft
2.7
—
Wis.—Madison
602,375
4,403~981
+ 14.6
+
2,026,587
573,132
6,196,029
3.8
80,097,601
30,647,893
4,203,510
+11.2
—
189,808,287
40,903.841
*
!
10.4
7.5
Haute
Manitowoc
+
3.8
Terre
Waiertown
28,413,529
15,850,559,532
47,488,536
+
Sheboygan
29,528,759
46,167,547
;.+
•'
917 417''
351,060
17,492,267,696
83,015,831
16,248,229
2,529,958
3',8291382
91,747,137
6.9
232,526,413
127,800,314
153,763,800
3 5,07® 28 a
312,741
+
83,568,609
17,239,157
.
25,055.006
95,425,505
17,147,687,284
258,610,182
136,974,018
Milwaukee
*+,50®00(-
36,972,062
•
6.5
5.0
Bend
Oshkosh
n,86o7ooo
11.3
+
.
.4.4
20.9
10.6
South
—
00ft
y,0QT,MC
—7O~3
—10.0
4.9
35.8
+
+
26,575,301
7,293.765
so^i^ae**
9 8; 30®
' ft.
+
+
13,431,708
25,866.372
2,183,808
5,270,536
+
4,225,510
5,260,217
.
Ind—Ft.
21.5
37,7(827954
+10.3
6,491,169
+
3.2
+
+
16,806,236
6,977,681
,
Muskegon
31,091.400
115,800r000
6.4
+
+
3,664,750
17,445,512
Jackson
3.1
18.1
5,031,921
10.537,280
19,495,132,436
7,228,006
+
53,6777287
0.8
+
,
.
22,939.050
Grand Rapids
Lansing
216,011,781
5,356,309
3,920,497,001
4,174,099,888'
9.3
—
1,392,454,957
7,661,336
ft",ft'ft 20,747,541
1,488,345,753
8.041,447
Detroit
248,702,911
55.388.199
+
ft
r,94®06&
'
38^259,636
0.9
Reserve District—Chicago—
Arbor
Flint
i
+
ft-
+10.4
+12.7
31,792,242
12,735.291-
6.9
+
ft.
135,676,000
+ 88.9
995,212
ft ft'
2,932^590
48,278,220
11
'
38,628,282
; ft
+ 25.8
77,806,084
125,224,929
2,630,719
53,757,971
—
228,907,902
-142,384,000
33.8
—
•
148,860,983
160,102,850
33,198,198
ft
+ 18.0
+
11,986,118
3.4
+12.8
—
:
2,079,596,451
226,954,373
87,720,947
9.7
93,183,218
100,792,040
2,036,055,158
-
3.5
+.
11,369,000
397,564,641
—
4.9
8,240,760
1,851,207,387
—
:>
2,615,395,607
:
1,879.616
—
8.9
7.5
3,153,200
Vicksburg
17.8
+
16,038,525
Meridian
+
+
.
21,310.508
13,415,000
,
4.8
+
ft
9,042,090
ft.'
——
Jackson
+
,
15,224,020
-
254,182,810
—
21.3
5.2
■
129,283,247
+24.3
5.4
236,424,082
ft
201,322,294
-
Montgomery
^
+
'
97,328,134
2,296,142,965
164,389,094
9,446,056
184,863,089
8,985.458
;•
135,352,349
y
+
25.2
1,981?,923
't
'
1,803,115.908
+ 11.6
10,634,560
8,642,272
.ft,
10,179,432
■
.'
2,379,575
6.4
+
2,521,008
12,796,371,930
+
>.
596,800,000 -vft
11,142,310
—
—
4,854,000
58',08®, 524'
'
Augusta
—
7,417,000
69,948,754
1,897,331,752
10.8
+
41,379,368
668,050,000
Tampa
14.3
13,485,937,351
+ 16.2
890,633
17.8
+
+
161,498,456
Columbus
Fla.—Jacxsonvllle
76,020,051
1.4
4.8
+
6,852,042,527
7,179,901,864
26,123,154
14.4
+
163,620,358
51,810,272
■
cities)
103,511,024
166,180,932
District—Atianta-
.
Ala.—Birmingham
163.866,616
7.1
+ 10.9
1,186,581,057
-
Macon
3,499,817,918
104,036,260
13.1
+
611,642,180
678,437,619
3,737,052,541
+17.5
•
1,046,053
+
+
'■,.'+45.1
7,239,000
<
12.3
+
1,219,815
1,437,387
10.1
+
168.985,039
HI.—Jacksonville
■+.
7.5
+
..
+
15,493,352
Da.—Atlanta
Care
543,368,968
137,423,087
30,275,114,795
Nashville
Mo.—St.
610,319,085
+ 10.1
11,388,899,962
■ij'n 146,819,103
9.4
——
Tenn.—Knoxville
Chicago
240,746,234
12,244,959,073
5.5.
3.8
—
8,378,298
+
19(1,065,580
Total (8 cities)
III.—Aurora
+ 14.3
9,222,287
:;•*
2,563,094,103
ft.
—
231,767,634
197,139,322
264,911,082
+ 12.8
16,562,115)
99,883,009
2,062,244
Moines
20.5
86,568,081
421,154,173
15,928,972
119,017,896
C.—Washington
Sioux
+
104,309,873
v
v
5.3
Frederick
Des
3,870,126
5.349,617
Md.—Baltimore
Indianapolis
3,356,785
13.1
8,369,461
Seventh Federal
5.5
+ 16.3
•■ft
(16
1,927,687
3,756,037
+
—.
La.—New Orleans
9.0
3,962,199
+
C.—Charleston
Miss.—Hattiesburg
2,048,861
2,08 f,790
2,232,356
•
25,911,000
Columbia
14,530*,600
6.1
7,396,973
Richmond
15,413,800
+28.6
••
•
District—Richmond—
Reserve
7.6
10.7
9,783,086
Va.—Huntington
Va.—Norfolk
+
6.8
+
+
14,528,612
V
153.820*,479
+
8,368,153
V -
.
199,693,279
12.987,846
11,376,054
ft -"'15,292,797
.
5.0
98,203,842
6.3
+
11,945,857-
12,599,906
W.
Bay
6.5
86,878;290
+
166,583,040
474,887,563
•
0.1
+
3.381,741
97,900,824
16,699,007
2,803.261,652
_
Ky.—LexingtonftU--_——£++-—.
W. Va.—Wheeling -
Mich —Ann
—
1,046,606,645
1,112.489,022
rf.,,'
*
15,814,600
3.368(970
9.9
+ 24.8
—
108,678,650
177,787,052
}
»—12.3
1,477.547
■
740.339,000
.
+ 22.3
36,210,880
821.142
-
.ftft.,'
,
Total
7.6
9,493,727
r
-
Co.
"
+ 12.0
14,049,153
16,730,855
-
-
Toledo
D.
22.5
874,021,541
—
17,018,700
+
-
4,808,771
«
202,447,894
+ 13.0
5,292,974,680
+
10.220,376
^
4.8
192,817,710
+
73,160,900
Mansfield
4,377,825
92,787,101
160,852,587
4,914,287,053
940,011.479
•
115,804,203
193,764,908
V
8.2
+
17,185,211
+
-
3,942,651
7.7
2.0
432,742,168
-
-
676,203,310
20.5
—
•
18,602,692
————„
•669,670,677
+
530,173.101
Hamilton
6.7
30,733,086,268
31,361,334,505
+ 14.0
2,729,273,988
3,111,625,494
Fourth Federal- Reserve District- -Cleveland—
Federal
2.2
668,419
2,963,824
20,478,611
/
1,878,997
+ 12.1
3,234,909
755,299
(17
—
16 432,016
ft.
J
B.
651,929
22,134.416
Bois
Total
1,166,808
2,152.848
2,045,783
+18.2
City
1,254,036
1,854,369
2,346,019
1,415,411
Greensburg
.7 Pittsburgh
1,399,719
3,064,427
7.8
1,673,032
Newark
1,312,121
2,729,126
11.5
Pottsville
Pa.—Beaver
+ 40.2
+ 10.3
—
+
69
Lorain
1,263,496
2,946,834
90 304,886
Cleveland
547,000(000
658,000,000
1,771,278
11.0
77,629,887
Columbus
527,000,000
649,000,000
+
83,284,537
Ui—s—
1.4
1.8
128 011,729
6.5
Cincinnati
1,668~963
142,080,671
>.
+ 20.0
4.2
--
~+l~6~2
2,672,117
+
Ohio—Canton
585,357
1,*671~572
+
+
Total (17 cities)———
669,767
+ 15.9
321,268
7,583,043
■
595,254
—16.2
29,471 ,000,000
68 864,999
6,118,689
;?
569,938
660,5y6
29,990,000,000
79,804,491
7,900,154
J.—Trenton
460,032
4.6
"
6.0
6,516,508
:
+ 14.0
—
.
I,83M50
12.1
+
13,209,574
Hazleton
31,379,71®
3,955,728,437
+ 15.4
York
Del.—Wilmington
33,540,237
4,000,136,834
25.6
+
2~128,093
+
Wilkes-Barre
•
—
959,038
11,008,667
Scranton
Fifth
1,056,221
4,272,576
2,985,000,000
Reading
Oil
885,691
3,982,346
2.430,072
Philadelphia
•
786,485
47, 468,529
8,721,297
Norristown
•
548,361
750,505
44,262,973
11,819,350
—
-
Lebanon
;
625,374
6.8
24. 636,964
4,177,870
--_i—
Harrlsburg
Lancaster
N.
17.7
+
28,997,066
0.5
25,322 364
•
+14.2
3,093,683
Bethlehem.
Chester
Du
6,114,340,648
4,866,279,613
+
38® 425
409,684,
22,960,295
27.4
+i3.i'"
+ 19.9
5,29® 292
7,075,852
+42.5
34,544,963
.
12.5
232,199,301,467
'
+ 35.4
9.8
+
265,078,258,982
11,484.824
5,878,810
"•
39,081,315
+
2,216,818
2,657,672
—
——
6.1
24,012,370
43,213,887
48,614,652
v
28.0
+
District—Philadelphia—
Reserve
•
Pa.—Altoona.
•
2.7
14.8
—
20,182,797,142- :
24,828,239,586 v;
(14 Cities)--,
Federal
Third
•
—-——
+
5,771,407
30,585,516
1,678,660,795
•
1
10,408,658
+
'
130.255,651
Newark
+ 54.7
10.5
577,065,820
29,074,960
.
974,960
0.4
+
"
315,816,146
:
+9.5
897,91®
1,141,972
1,508,301
5,938,797,883
13,322,948
6,125,062
+
52,698,384
5,197,102
38,832,461
J.—Montclaiir;
:
•
24,433,728
6,101,329
Conn.—Stamford
K.
5,460,224
5,175,748
0.7
8,200.843
+ 48.0
+
5,542,862
617,419,158
+
4,701,788
Rochester
$
$
74,214.793
—
4,597,391
4,713,182
-
1941
1942
or
Dec. %
621,450,144
+
264,767,402
:
Inc.
$
•:
27.4
+
:
'
Eimira
New
$
+ 14.0
47,055,647
6,940,872
Y.—Albany_
Jamestown
•
Dec. %
York—
Binerhamton
Buffalo
Dec. %
$
Inc. or
1943
$
Inc. or
1943
'
{Hearings at—
1943
1944
2,077,981
2,417,736
—14.1
1,897,573
2,014*09!:
2.7
+ 10.5
542,510,706
530,056,37:
+15.4
151,300,000
U4.400.00 <
+23.7
—
+
0.7
+
9.1
625,225,168
565,996,961
+ 8.8
+14.1
179,700,000
155,800,000
I.
;—.
-43,756,348,295
2,290:23ft
"
757,264,624
4,800,039
809,300
284.830.644
216,139.848
786,316
5,081,000
4.7
+ 6.3
— 5.4
+ 8.3
,+.16.1
+
,
^4^7fT -1
'■Kt~'^j^4i i
1,269,711,771'
8,493,975.827
59,324,260
9,558,638
3,388,376,940
2,193.928.795
6.913,684
>+0," 53,764,500
-^'-'44,205,852,644
.
7,808,011,654
51,988,091
8,915,314
3,155,952,144
2,017.978.443
6,234,257
48,232,000
13,097,311,903
—
+ 7.2
+ 7.2
+ 8.7
•'
55,914,933
46,011,751
+10.9
+11.5
1,171,217
1,190,000
+ 8;5
316,129,040
270,558,055
79,342,890
67,556,304
—
—"
+17.4
+21.5
——-
1.6
934'000
+16.8
254,867,309
—
r
59,270.416
43,369,893
r-
;,,
„
-
231;767,48ft
THE COMMERCIAL
2690
-Week Ended Dec. 9-
-Jan. 1 to Nov. 30-
-Month of NovemberInc. or
1944
Inc. or
$
Dec. %
$
$
Dec. %
$
Clearings at—
Reserve
—
—
Falls
Fergus
Forks
Grand
—
Minot
6.
6,991,954
Falls
+
0.5
+
5.5
144,130,426
150,637,424
2.9
23,287,049
+
12.4
2,167,746,682
+
4.2
0.1
3.1
26,186,609
2,258,312,594
26,619,850
5,358,159
14.3
168,689,567
148,195,087
+ 19.9
28,244,000
22,604,000
100,053,960
40 000350
38,399,969
25,435,993
19,504,811
+
11.3
3,690,074
3.336,299
7.6
1,453.809
1,231,392
30.4
+
12.1
—
+ 25.4
3.8
—
+
1.9
+
71,273,265
135,232,219
+
146,542,918
5.3
+
63,561,282
9.2
50,651,553
+ '9.3
24,358,006
5,088,826
+ 13.9
—
12,731,541
1,203,013
7,443,854
7,234,584
11,454,086
1,035,496
3,664,277
124,350,674
3,924,719
6,366,603,139
15,282,382
2,878,000
2,422,409
6,137,233
2,469,268
•>
-
—
D.—Aberdeen
Sioux
204,368,439
6,718,445,076
486,666
471,536
17,464,056
3,450,000
-
D.—Fargo
3,902,736
4.3
TY.7
205,397,125
0.8
2,809,216
2,631,761
223,329,919
2,811,822
-
_
Paul
Winona
N.
$
.
6.7
+
3.7
2,557,723
215,243,175
625,879-,523
4,186,688
20,514,895
630,721,186
21,625,364
—
Minneapolis
Rochester
%'\
Dec.
District—Minneapolis-
Minn.—Duluth
St.
1941
1942
Inc.or
1943
1944
1943
1943
1944
Ninth Federal
Monday, December 18, 1944
& FINANCIAL CHRONICLE
13.8
-T-
+
3,633,289
l,~567~i79
1,448,038
—
7.7
Huron
—
9,310,459
7,17®'2nc
21,782,885
874,597
Mont.—Billings
Falls
Great
—
Helena
-
Lewistown
929,764
-
Parsons
I
TIL-—
Citv
-
"
-
~
Denver
Pueblo
I.
Wyoming—Casper'IIIIII
cities)
/7Y2" 596
1,420" 3§1
1,225,163
5,~990237
4,077,463
213,750,998
217,503,507
188,817,231
151,988,523
14,223,126
138,568,253
285,239,170
.37,061,825
8,906,341,098
273,476,521
7,515,517
580,806,609
14,548,992
4,036,455
40,701,248
9,198,982,826
303,904,739
9,822,103
648,284,196
.+
51,667,433
2,705,777,655
43,580,719
1,900,657
+50.5
27,062,716
1,571,899,561
+ 0.2
17,184,190,888
148,432,548
362,094,502
—
+.1.7
>,
236,697
3,193,611
26.9
,6,842,442
7,231,070
3.3
193,109,887
186,~974~386
"+" 3~3
150685*605
129,49(1793
+
11.1
6,646,020
7,462,501
—10.9
5,109,341
4,135,848
+ 30.7
+
11.6
982,419
1,143,232
1,103,791
827,679
I,256"852
1,O~50848
"¥90976
9*40301
294,400,956
288,750,549
241,787,275
190,352,806
2.9
:+
,50,222,316
2,522,217,132
'-41,689,040
+ 7, 20,043,023
.+•
7.3
+
4.5
+ 35.0
4.5
+
16,446,104,280 ;
125,773,380
125,283,011
8.2
29.4
93,533,938
5,407,231,584
4,882,957,704
+
0.3
475,527,538
62,220,736
+
4.1
667,253,641
13,859,000
46,313,682
.
—
9.7
+
597,496,424
+11.7
140053,000
+
4,266,165,284
3,175,000
+
6.0
69,079,588
8.6
28,211,440
26,862,471
+
5.0
21,258,263
+
17.9
250,813,708
222,197,866
+
12.9
6,236,228
1,059,894,541
+
9.1
12,150,152,532
10,882,244,855
+
U.7
156,746,024
42,369,577
39,982,253
352,469,646
12,341,815
9,995,913
1.5
—
;J
+ 23.5
8,840,995
+
4.4
94,965,722
3,219,000
+
27.9
35,983,000
+ 12.0
3,505,068,542
3.6
73,575,314
+
8,256,637
'
126,073,291
+
9.8
26,312,933
23,516,36/7
+
10,604,137
18,049,164
1,303,067,905
33,761,523
24,224,041
9,546,495
8,572,36T
—
19,313,340
"
+
—-
—
47,545,973,766
+
.
17.8
1,098,230
1,318,334
9.8
4,969,551
4,733*^223
+ 16.2
120,402,684
98,549,515
+
7.4
82,492,922
58,038,974
+
9.5
2,011,721
1,557,391
—+15.4
70,411,802
+20.3
29,020181
—15.9
6,314,291
77,680,881
'
83.464,117
,+
:
2,648,508
!+. *2,900,000
.
■
.
—
-/'•
6.4
72,203,619
32,405,800
v
49,383,578
-
;
0.3
+
.
t'
:
.;
,.:
83,311,888
38,990151
4.0+-
95,922,470
147,030,846
162,163,094
•
435,026,783
+
:■
¥ 22,540535
+12.0
+
1.8
■
.
-
^
+10.3 I;.-
v..
,
_
35.3
+
—
1.2 uVV:
443,209,884 + '
10,373,519
8,721,692-
-
77,764,716
97,394,588
•
+25.2-
•
2~965~795
'
.
...
v
205,250037
;
+21.3
.'
13,418,460299
292,851,366
+ 39.4
*+107:.:
•>r ?
171,542,276
55,577,491
>
69,147,628
11.8
+
-•-'+ 24.4
,>
215,270228
(
-
?"
•>>-'
•
268,106,000
327,357,000
\
36.0
+
+ 18.9-
4,523,568
+12.9
'
•-
-
.
222,066,541
•
.
+..
9.4
40,931,850r7a7
+ 16.2
+
9.4
"•«
95,166,760
•
74,508,498
+27.7
.„
(
204,416,429
:
:
+.
v,
+
i.
8.6
6.7
+
4,070121':
•
-
+ 11.8 f.
11,998,990,191
:
5,370773
-
•;
10,164,570
+
5,194,680 "
=•
.
:
'+ 95.7
5,635,808
+
.+13.1
2,524,703
:
2,855,117
.
> •
+-C
v
5.1
+
5,364,577
;
r204,073,000
5,544s0674,113,872
1,920 23lr
1,749,256
3,980388
•] 3,664,275
249,682,082
+22.1
V.
'
+ 11.4
0820067
'
6.8
21,471,722,418
-.
23,489,543,696
-
+
+
134,869,947
:
■
:a
'
2,181,251,209
2,385,446,019
Outside New York.:
-
.+ 23.3
273,589,463
•,V
—
-'
.
-
_______
0.2 '
•
A
129,749,482
--13.4
?
20,573,077
23,233,104
cities)-
CJran& Total. (186
'
6,419,960
Barbara
1,428,468
5,670743
1,682,336
.
+23.5,1:
•
78,579,851.
306,300980
v
8.4
+
16,657,929
Riverside
2,447,000
__
1
41,854,158
8,694,135
18,977,801
5,292,839
1,165,485,335
Beach
3,652,561,823
1,307,877,542
+ 25.2
35,256,751
10,350182
Berkeley
—
.
>
1,293,582,304
11.9
13,275,502
Calif.—Bakersfield
__
_
■■
+.11.2-.•
29,038,000
-
•
'
128,375,872
City
Ariz.—Phoenix
_
_
'
324,387,149
353,242,136
8,549,698
cities):
12.0
L,...
;.;:+ e.o
85,422.830
9,225,850
—
—i
7.7
+
4,203,616,192, •
94,419.028 U
4,193,788,652
116,563,720
4.3
+
4,018,000
Utah—Ogden
11,813,358
3,119,000
'
:':7, YYY+piYw'Y
3,556,312
,
Ida.—Boise
13,112,582
0.2
—
______
Francisco—
y
Pasadena
+
61,687,713
2,017,198
76,220402
10.6
+
14,184,397
3,168,500
7+13.6
39,415,437
2,840,742
:'7-+j 95,262,579
______
15,682,171
■
2.5
•+
-
Total (19
13.4
+ 17.8
107,855,000
11.0
428,261,519
;
—21.0
3,504,354
—
+
_
+7
127,088,000
v-
6,121,542
2,724,555
v.'"
367,594,055
Stockton
2.0
2,548,349
2,888,789
+10.7
4,168,630
412,468,275
:
—
——
+
2.4
+
143,628,400
4.9
+
0.3
—
91,373,997
10.1
Wash.—Belllngham
Francisco
4,784,526
+
4,847,126,824
42,462,860
i
Modesto
2,232,346
5,575,-309
9.8
25,064,768
Portland
3,115,779
5.4
—
+
1,155,864,768
cities)
Ore.—Eugene
4.7
3,076,413
—
7.1
+
+
3,294,601
6,488,092
Yakima
130,451
212,633
-
+
2,959,761
(11
1.7
2.3
+
+
Falls
San. Jose
1
5~376,747
—.0.5
11,819,479
.+
La.—Shreveport
San
11,754,017
7,520,605
Arthur
Santa
78,089,301
3.5
-20.4
—
9,946,897
Texarkana
Long
3,287,948
44,522,914
+12.0
0.8
+ 4.2
+19.1
— 0.2
— 6.4
+28.1
+33.2
+ 0.1
- 1.4
+ 5.1
/•
452,271,148
Salt Lake
3,558,163
62,535,678
13,181,000
Houston
-
4,645,292
76,809,912
473,292,356
Galveston
Seattle
4,213,110
9,732,958
520,878,535
46,453,822
Worth
Total
190,512
2.0
+
10,765,385
-
...
Paso
Port
2:4
2,3*41" 114
6,*073,470
District—Dallas-
Dallas
Wichita
5.2
64,774,698
Beaumont
El
15.4
+
9,980,491
188,101,244
3,358,799,436
4,598,711
A 269,069,654
1,574,808,997
Texas—Austin
Ft.
+
9,738,588
191,884,460
3,415,954,146
3,461,948
841,613,618
28,426,663
736,691
53,877,904
2,860,162
—
Federal Reserve
Eleventh
0.9
+ 5.0
+ 0.7
25,927,159'
71,782,751
4,600,210
265,336,984
4,243,375
-
cSoa-6oiorad"o"iYrrng3*":::::
(16
+
885,124
-
4,122,536
839,800,477
26,607,455
944,020
-
Tosenh
Total
217,091,917
5,352,831
9,547,122,599
1,269,983
ll',764,615
-
nkla—Tulsa
219,023,545
6,179,497
10.046,999,628
1,221,648
Tnneka
rlVthasa
5.9
3.1
+ 10.0
1,422,477
11,667,238
27,020,358
1
Omaha
Kansas
27.3
+
+ 11.9
16,622,913
306,485,818
Kana—MaYhaTtan"""-"-
St
7.3
+
64,480,726
949,577,*610
16,740,517
295,758,570
-
Mo—JoDlin"""!
+
54,986,537
68,271,795
+
781,473
972,103
T Jnrnln
Wichita
+
District—Kansas City—
Federal Reserve
Tenth
Neh—Fremont
13,350,349
70,001,330
0.8
—13.9
—
21,130,260'
958,760,775
(16 cities)
Total
14,329,004
25.1
-
-
-■
—-
23,235,032,775:
24,803^774,533
505,006,671,773 '.
456,991,924,675
248,381,886,092
'. '
232,537,736,587
"
•
355,031,069
454,359,480
•+18.3
+ 18.7
7,857,630087
7.370566,149
4,353,822,157
4,828,480381
+
481,025,855
9,070818,650
10,767,278,264
6.8
f
: /
568.787,122
+ 10.5
+10.9
4,001,499,004
--^3,558,691,193
♦Estimated,
,
'
(Continued from page 2685)
INDUSTRIAL
OTHER
Ball
$607,500 Aetna
AND
Roller
&
:
>
MANUFACTURING
Bearing Co, 30,375
stock
preferred
1,674,000 Admiral Corp. 150,000 shares of
Purpose, working capital.
Price,
The
(par
Radio
ginson
$47.50).
Purpose,
working
by
Lee
cap¬
$50
Co.,
&
Loewi
&
Co,
mon
Loewi &
3,589,800 General
by
shares of 4'A%
(par $100).
Purpose, refund¬
exchange for outstanding 6% preferred
stock.
Underwritten by Kidder, Peabody & Co.; W. E.
Hution
& Co.;
Lee Higginson Corp.; Stone & Webster
and Blodget, Inc.; Glore, Forgan & Co.; and Hornblower
&
Weeks.
Corp.; 11.627
Purpose, general
share.
Sold to a
ated with the corporation.
(no
par).
$37.50
per
shares
of
common
stock
corporate purposes.
Price,
single purchaser not affili¬
Lehman
Bacon,
Brothers; The Wisconsin
Co.; Hallgarten & Co.;
Whipple & Co.; A. G. Becker & Co.,
Inc.; William
Taussig,
Co.;
Smith
Alister,
&
V
■
&
Co.;
Beryn T.
& Co., Inc.;
Pate, Inc.; and
Day
&
Emanuel <fe Co.; McHerbert W. Schaefer
Co.
Bros.
stock
(par
$50.50
:
.
($730,000).
Price, $4.50 per share.
by Kobbe, Gearhart & Co.
ete.
Herrick, Waddell & Co.,
(whether
shares)
•
preferred
(par $1).
Offered
-v
by
Paul
The
Davis
H.
balance (40,000
& CO.; Bacon,
Whipple <fc Co'.;' and W. E. Hutton & Co.
Cerf
25,000; shares of 80c. cumulative
(par $5).
Purpose, general cor¬
Price,, $10 per share.
Offered by Floyd
'' •"
'•1
dividend
York
..
,
FARM
the
holders
of company's common
stock.
:,;Y
($39,425,000);
Issues Not
-
.
.
7f,
Rollins
&
Thorndikc,
Sons,
Inc.;
Courts
Inc.;
First
Securities Co.
&
Co.;-
thilds,' Jeffrie's-1 &
of
Chicago;
Cohen,
IS9UE9
$20,540,000
<
0-.85 fo
1944;
new
money
($10,090,000).
.
Price,
York.
par.
•'
Representing New Financing
Corp. 66,000 shares .of common stock (par $1).
Price, $7.75 per share. Offered by Dempsey & Co.; Ames,
Emerich & Co., Inc.;. Courts.,& Co.; Doyle, O'Connor &
Co., Inc.; First Securities Co. of Chicago; Sills, Minton &
Company, Inc.; Baker, Simonds & Co.; Farwell, Chapman
& Co.; Mason Brothers; F.
S. Yantis & Co., Inc. and
Sidlo, Simons, Roberts & Co.
Holding Corp. 5,000 shares of common stock.
$27J/2 a share. Offered by Blyth & Co., Inc.
137,500 Amerix
Prio£,
354,250 Babcockv.&
(no
./
1,
by Charles R. Dunn, fiscal agent,: New
par).
Co.r Inc.
■
AGENCY
Bank*
dated Dec.
$439,890 Admiral
$26,481,244
$912,000 Franklin Stores Corp. 114,000 shares of common stock
(par $1).
Purpose, general corporate; purposes;-; 'Price,
$8 per share.
Offered by Van Alstyne, .Noel & Co.; E. H.
Credit
debentures,
,
'
25,000 shares of 80c. cumulative
(par. $5).
Purpose, general cor¬
$8.75 per share. >■ Sold to New
Inc., for its own account, by Floyd D.
1,292,810 Van Raalte Co., Inc., 129,281 shares of common stock
(par
$10).
Purpose,
refunding
($1,110,210); working
capital ($182,600),.
Price, $10 per share.
Offered for
to
.
'
Cerf Co.
subscription
.
due June 1,
1945;
$28,975,000 0.90'A
consolidated debentures, dated
Dec1.
1,
1944;
due Sept.
1; 1949.
Purpose, refunding
Price,
Merchandise,
GOVERNMENT
Intermediate
consolidated
+
preferred stock
purposes.
AND
LOAN
$49,515,000 Federal
Corp.
Camera
125,000 Universal
porate
\
Co.
.
$1,912,000
Offered
125,000 Universal Camera Corp.
dividend preferred stock
porate purposes.
per
Inc.
common).
or
offered
was
Co. 20,000 shares $2.40 convertible preferred
$50).
Purpose, corporate purposes. : Price,
share.
Offered by Hayden,. Miller & Co.;
Hawley, Shepard M Co.; McDonald <fc Co.; Merrill, Turben
& Co.; Maynard Hi'.Mureh & Co.;-.Curtiss,'House & Co.;
Fieitr, Richaras & Co:-; Fahey, ciarit & Co.; and'Will S.
Halle & Co.
1
I' '
' 11 :
1,000,000 Halle
■
Radio & Television Corp. 200,000 shares of com¬
(par, 1 cent*).1... Purpose, refunding ($170,000);
capital,
MISCELLANEOUS
3,198,720 Kimberly-Clark
Corp. 99,960 shares of common stock
(no par).
Purpose, expansion, improvements, etc. Offered
for subscription to common stockholders at $32 per share.
Unsubscribed shares (2,737) offered at $35% per share by
.
Co. 80,000 shares, of common stock (par. $5).
working capital and general corporate purposes.
Price, $7 per share.
Offered—Of the total, 40,000 shares
shares
were
offered
for
subscription
to
stockholders
in
*436,014 Kimberly-Clark
'
V
Purpose,
D.
Instruments Corp. 35,898
&
>
560,000 Trailmobile
preferred stock
Offered
ing.
•
Loewi
Shober; Ames, Emerich & Co., Inc.; Coburn & Middlebrook; .Johnson, Lane, Space & Co., Inc.; Irving J. Rice
cumulative
400,000 Resistoflex Corp. 100,000 shares of common stock
Purpose, working capital.
Price, $4 per share.
Co.
Time
cumulative
■
and
stock
Offered
2,380,000 Collins
and
'
•'
working
"
Radio Co. 140,000 shares of common stock (par
$5).
Purpose,
working capital.
Price, $17 per share.
Offered by Lee Higginson- Corp.; Paine, Webber, Jackson
& Curtis; A. C. Allyn & Co., Inc.; Central Republic Co.
(Inc.);
Paul
H.
Davis &
Co.:
The Milwaukee Co.;
Boettcher & Co.; Kebbon, McCormick & Co.; Quail & Co.;
Co.;
Barney &
,
102,424 shares of 4Ya.%
CO.
900,000 Majestic
Corp.;
Allyn
&
(par
per
share.
Offered
HigPaine, Webber, Jackson & Curtis; A. C.
Inc.; Central Republic Co. (Inc.); Paul
Davis
&
Co.;
The
Milwaukee
Co.;
Boettcher
Co.;
Kebbon, McCormick & Co.; Quail & Co.; and
Price,
ital.
H.
20,000 shares of $2.75 cumulative pre¬
Co.
stock
ferred
...
Co.;
.
&
Farwell, Chapman & Co.; Mason Brothers;
Yantis & Co., Inc.; and Sidlo, Simons, Roberts & Co.
950,000 Collins
Smith,
$100).-. Purpose, refunding.
Price,
$107 per share.
Offered in exchange- for >6% cumulative
preferred stock.
Unexchanged shares (4,820) offered by
Lehman
Brothers;
The Wisconsin
Co.;
and Hallgarten
by
S.
Hopwood;
&
Co.
&
10,242,400 Kimberly-Clark Corp.
preferred stock (par
Simonds & Co.;
F.
Jaffray
Piper,
Wertheim
capital stock (par $1).
$7.75 per share.
Of¬
Demps^y & Co.; Ames, Emerich & Co., Inc.;
Courts & Co.; Doyle, O'Connor & Co., Inc.; First Securi¬
ties Co.
of Chicago; Sills, Minton & Co., Inc.; Baker,
fered
Kuhn, Loeb & Co.; Loewi & Co.; Mellon Securities Corp.;
Milwaukee Co.;
Paine/ Webber,, Jackson & Curtis;
shares of 5%
$20).
Purpost, general corporate purposes.
Price, $20 per share.
Offered
for
subscription to
stockholders; unsubscribed
portion
offered to public by Bacon, Whipple & Co.;
Rawson, Lizars & Co.; and Carlton M. Higbie Corp.
convertible
cumulative
(
Moore & Co.,
Inc.; Pitman & Co., Inc.; Hill, Richards & Co.; Johnston,
Lemon & Co.; Adamex Securities Corp.; J. C. Bradford &
Co.; Cohu & Tbrrey; Doolittle. Schoellkopf 6c Co.; R. H.
Johnson & Co.; Newburger & Hano; Mead, Irvine &c Co.;
Frederick S. Robinson <ss Co.; Inc.; Woollolk, Huggins &
&
Slmonson
Blyth & Co., Inc.; Emanuel & Co.; Goldman,
Sachs & Co.; Harriman Ripley.& Co., Inc.; Harris, Hall
& Co. (Inc.); Hemphill, Noyes
Co.; Hornblower & Weeks;
Blair & Co.;
Wilcox
Price,
Co. 13,000 shares of common stock
per share.
Offered by Blyth &
Parsons & Co.
$27JA
and. Graham,
650,000 Bayuk Cigars, Inc., 20,000
par).
Price, $32.50 per
Ripley & Co., Inc.
633,750
shares of common stock (no
share.
Offered by Harriman
Brimswick-Balke-Collender Co. 30,000 shares of common
stock (no par)1.' Price, $21% per share,
Offered by Leh¬
man
Brothers
and Goldman,
Sachs & Co.
Volume
160
?
Celanese
t332,886
;
(no
of America 9,900 shares of common
Corp.
price, $33% per share.
Jackson & Curtis;
par).
Webber,
1
305,810 Chicago Corp. 5,770 shftres of
no par),
Price, $53 per share.
Co.
&,
Foreign Exchange Rates
Originated with Paine,
::
convertible preferred stock
Offered by Glore,. Forgan
W
/,
t225,685 Chicago Corp.
Price[
stock
$7%
shares of common stock (par $1),
share.
Originated with Glore, Forgan
29,598
per
2691
CHRONICLE
THE COMMERCIAL & FINANCIAL
Number 4343
*
of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank is now cer¬
tifying daily to the Secretary of the Treasury the buying rate for cable transfers in the different countries of the
world.
We give below a record for the week just passed:
FOREIGN EXCHANGE RATES CERTIFIED BY FEDERAL RESERVE BANK TO TREASURY UNDER TARIFF ACT OF 1930
Pursuant to the requirements
DEC.
TO DEC.
8
14,
INCLUSIVE
1944,
& Co.
Cnriee
'537,840
stock
22,410 shares" of class B common
(no par). Price, $24 per share.
Offered by Stifel,
Co.
Clothing
Nicolaus
&
Ciiriee
52,290 shares of class A
Price, $26 per share.
Offered
& Co., Inc.
f 1,359,540
stock
Street
Fifth
-221,000
stock
well,
Co.;
Inc.
Dairies,
Johnston, Lemon &
ft
i
r
,
■
■
Stores
(par $1).
Price,
Noel
&
'
of
shares
.
.
13,000
shares
Co.;
E.
*
>
Inc.
sinking
3%%
6%
fund
debentures,
India
A.
C.
H..
h'
Davis
Allyn
&
and
Co.;
& Webster and Blodget,
Co., Inc.; Hemphill, Noyes &
F. S. Moseley & Co.; E. H.
>
•
.
E.
4.035000
4.035000
.301215
.301215
.301215
.301215
.301215
.205820
.205820
.205820
.205820
.205820
.909090
.909090
.909090
.909090
.909090
.909090
Dann & Co. and
HaTt,
-
.895208
.895416
.895625
.895625
.895625
3.244203
3.244203
3.244203
3.244203
3.244203
3.980000
3.980000
3.980000
3.980000
3.980000
3.980000
pound-
.65831$*
.658300*
.658300*
.658300*
.541960*
.541960*
.541960*
.541960*
.541960*
Reserve Banks Combined
(In thousands
|
shares of Common stock "(no;
Price, $106y« per share. Offered by Shields & Co,
'
par).
4 025,000
.
.
Co.
Radio & Television Corp. 2,500. shares of com¬
stock (par 1 cent). Price;'$4.50.
Offered by Kobbe,
'Gearhart
tl 474,515
r
f86 800
&
&
Bills
"
Oil
&
Gas Corp.
-
'
•
"
'
•
H.
Davis
&
Victor, Common,
Co.;
F.
S.
2,054,990
+
873,721
Loans
8,068
938
+
1,677
+
108
for
pur¬
1,440
obligations
+
Other securities
carrying:
obligations
19)
+
715
U. S. Government
345,543
—
dealers
and
brokers
to
—13
chasing or carrying:
guar, sec.)
U. S. Government
—...
18,577,172
+
266,128
+7,563,483
:
18
',
j
+
744
:;
18,759,252
+7,644,878
58,702
+
+
1,036
3,590
2,116,818
Other assets.—
+
338,627
34,303
+
12
'
+
7
19
1,320
2,145
377
—1,409
86,803
—
2,128
:
39,793,538:
Treasury certificates of indebtedness
37
+ 1,289
3,985
—
+ +
10,347
8,979
...
Treasury notes
5,927
.—
+
+6,171,721
398,624
?
65,827 /.•
+4,906,286
91.035
+
1,160,402
244,630
+
123,230
Demand
277,161
Time
+
.
+
612
+
18
+1,
+
148
728
+
29
+
38
+
52
+
107
2,262
Balances with domestic banks
20
...
556
—
613
...^—
3,386
—1,145
—
9,517
Banks
4,122
+
633
2,934
Reserve with Federal Reserve
—
+ 1,561
+
Other securities...
Cash in vault—
21,542,416
—
.20,983
bonds—...
(J.
Liabilities—
Federal Reserve notes
'
Treasury bills
;
''
—J:
8
Obligations guaranteed by U. S. Government
Total assets.
64
—
15,121
+
1
62,013 "
...
2
76
...
Other loans
+
>
Bank premise?
4}
335
1,059
Loans to banks
136
87,750
Uncollected items—
771)
1,276
Other securities
"
■Deposits;-f-..*.■,"*•': ■;\u;;
Member bank—reserve acct._..
■■■
14,092,484
U. S. Treasurer—gen. acct.__/
.
•
•
Other
—
502,711
^
Foreign——,
+
—>
64,721
+
1,164,589 i
25,769
;,; 432,314
—
252,401
+
;■
-
Liabilities—
ii.v;
deposits-adjusted.—...
Total deposits.—.
...:
16,192,098
+
114,643
availability items_„
Deferred
1,565,380
+
216,133
Other liabs., incl, accrdV divs
-
"
11,722
+'
539
+
2,431
-
-
Total liabilities.—
39,311,616
+
+
1,482
3,803
+
927
1
+
78
197
+
247
'
.-879""'
365
Foreign banks
Borrowing's
deposit accounts except
U.
S.
Gov't .accounts,
demand
to
interbank
+6,118,564
397,142
,-
banks—9,639
Domestic
■v.
Debits
and
during week
-Capital AccountsCapital paid in
+
+
49
11,788
'
1,258,872
+
—49,025
■
—8
+5,986
7,558
U. S. Government deposits
+ 1,749
—2,715
35,824
—
deposits
Interbank deposits:
.
20,906
1—....
'
+
161,159
129
+
9,387
+
J; 188,097
Surplus (Section 7).
27,686
'
' ""
'Surplus (Section 13b)—
Other capital accounts
+
105,701
.-•*
"T,353
:+
15,948
Total liabilities,& cap. accts._
Ratio of total res. to deposit &
39,793,538
+
398,624
+
6,171,721
26,965
V. R. note liabilities combined
Commitments
-
Redemption Galls and Sinking Fund ;
136
;
make
to
trial loans
;
-
49.6%
.3%
.—
—
%
139
4,448
5,117
—
' The condition statement of weekly
of
banks
the
shows
Federal
the
Reserve
in
101
principal changes for the
week ended Dec. 6: Increases of $938,000,000 in loans,
$2,552,000,000 in holdings of U. S. Government obli¬
gations, and $5,986,000,000 in United States Government
deposits;
and
a
decrease
of
$2,715,000,000
in
common
industrial, and agricultural loans in¬
creased $108,000,000.
Loans to others than brokers and
dealers for purchasing or carrying United States Gov¬
ernment obligations increased in all districts, the prin¬
cipal increases being $348,000,000 in New York City,
$153,000,000 in the Chicago District, and $59,000,000 in
the Cleveland District; the total increase; was $771,000,-
Oil
&
\
.
1st mtge. ref. & ter. 5%
1952—
Holdings
common stock
of
Treasury; bills iiicfeased; jn nearly all
districts and the toM: increase .af. all reporting member
banks was $377,000,000,' ;iHoldmgs of, Treasury certifi¬
cates of indebtedness increased in the cities of New York
Jan
Chicago, and declined.in,nearly all districts; the net
decrease at all reporting member banks was
$37,000,000.
Holdings of Treasury notes increased in all districts and
Emery & Co., Inc.;
the
total
United
increase
States
was
$1,561,000,000.
Government
bonds
also
Holdings
increased in
of
all
partial redemption
British
American,
5%
due
M.
ser.
Central New
General
:
1
2393
—..i...— _Jan
4
a
-Dec
30
..Feb
1st & gen. mtge. 3%%-
Power Co.
1972—
York Power
mortgage
bondsV
Demand deposits adjusted
principal
decreases
being
$633,000,000.
$1,492,000,000
in New
York
3%%
bonds,
due 1962...
mtge. 3%%
gen.
.....
City,
•
^308,000,000 in the Chicago. District, $161,000,000
the Boston District,'and $115,000,000 in the San Fran-
cisco District; the total decrease at all reporting mem-
,
1860
bonds
30
2291
-Dec
29
2398
-Dec
30
;«
1
2539
1st mortgage 3%% bonds*, series E, due 1969_—
Consumers'Co. of HI. 1st mtge. 5s, due 1956———.'._Dec 30
-Feb
1
2398
-Dec
debentures, due 1950—
-Jan
Dayton Power & Lt. Co. 1st mtge. 3% bonds due 1970.
_Jan
Dayton Union Ry. 4% bonds due 1949—
—
Eastern Car Co., Ltd.i 1st mtge. 6s, due 1952—— -Jan
Florida Power & Light Co., 4%% debentures, due 1979 _Jan
20
2069
Certain-teed Products Corp.—
debentures, series A, due 1948
debentures bonds
——...
Chicago & Western Indiana RR.— ■
1st & ref. mtge! 41.4% bonds, series D, due 1962—..Mar
Cincinnati
10-year 214 %
Co.,
International
1st & ref.
Kansas
Terminal Co.—
Union
1
#
1
1
1293
2
2542
Paper Co.—
5%
bonds, ser. A & B__
City Gas Co.,
1st mtge. 5s,
:_Jan
due 1946
1
-Feb
,,
...
1
&
2544
A, due 1549LJan
4% bonds..-Jan
1
'McCormick's,-Ltd., 4%% prior lien bonds, due 1952—,_Jan
—Jan
4% 15-year mtge. sinking fund bonds, due 1952
1
1
*
Nehi
1
2076
Pub.
&
Corp.,
Serv.
Co..
Nashville
1st mtge.
RR.,
unified
6s,
ser.
mtge.
first preferred stock
Revere
Copper
&
»
3
-Dec
22
2005
-Jan
1
2443
1st mtge. 41,/2S, due
1st mtge. syaS. due 1945
Inc., 3V2% debentures, due 1956—
Brass, Inc., 1st mtge. 3V4S, due 1960LDec 30
-Feb
1
1st mortgage 5s, due 1952
Salmon River Power Co.,
2185
1
Northwestern Barb Wire Co.,
Remington. Rand,
1
1956.,_Jan
Newfoundland Lt. & Pwr. Co.,
Dann & Co.
■
.Dec
Louisville
declined in all districts, the
•'
Corp.—
York Power Corp.
Central New
Page
Date
& Continental Corp.—
debentures, due igsa.**.—#——......
Central Maine
Kewanee
districts and the total increase was
4
Dec 28
Company and Issue—
Crane
and
2290
2067
oonds,
-u
-
Columbus, Ohio, gen4 mtge. bonds
Cheney Brothers, 4%
■
Page
Date
..
Refining Co.,
Union Depot Co.,
SVa%
y,
- ,
Gulf & Ship Island RR.
\due
'
Commercial,
tender
1st mtge. 4%s, due 1956—.Dec 30
Buffalo General Laundries Corp., 1st mtge. 6l/a% bonds
Atlas
demand
.
of
notices
,
Company and Issue—
leading
following
.deposits adjusted.
.stocks called for redemption,
Including those called under sinking fund provisions*
The date indicates the redemption or last date for mak¬
ing tenders, and the page number gives the location in
which the details were given in the "Chronicle."
preferred.; and
reporting member
System
bonds, notes,
Below will be found a list of corporate
14.2^
indus-
—
Notices
.
-1.
Condition Statement of Member Banks
;:r
cities
privately, vtlndicates special offerings.
+
5,500
1,243,426
F. R. notes of other banks
in
issues placed
+
+
agricultural
and
industrial,
Commercial,
4,980,315
384,500
+
1,550,621
Due from foreign banks
$29,005,686
•Indicates
+
+
4,241,240
; :
Total loans and securities
•
Farwell,
Chapman & Co.;
Johnson, Lane, Space & Co,, Inc.;
Kebbon, McCormick & Co.; Kirchofer & Arnold, Inc.;
Mitchum, Tully & Co.; Pacific Co. of California; Daniel F.
Rice & Co.; Singer, Deane & Scribner; Bacon, Whipple &
Co.; Fahey, Clark & Co.; Reinholdt & Gardner; Burgess &
Leith; Friedman, Brokaw & Samish; W. D. Gradison &
Co.; R. H. Johnson & Co.; Wm. C. Roney & Co.; and
Paul
investments—total—
Real estate loans
by Shields &
Company;'Hemphill, Noyes & Co.; Smith, Barney & Co.;
Kidder, Peabody & CO/;'Lee-^Higginson Corp.; Hallgarten
& Co.; Horn-blower & Weeks; E. W. Clucas & Co.; Crut¬
tenden & Co.; Graham, Parsons & Co.; Tucker, Anthony
& Co.; Piper, Jaffray & Hopwood; Draper, Sears & Co.;
George D. B. Bonbright & Co.; Bond & Goodwin, Inc.;
-
—123,872
11,541,885
;
___.
:
(incl.
101,593 shared-of common
per share.
Offered by
Wyandotte Worsted Co. 120,000 shares of
(par $5).., Price, $11 per share,; .Offered
4,151
—
+ 3,510
12,603
Loans and
85,546
+
109
+
Total U. S. Gqvt.-securities
,.
International Co., Lttli, 7,500/ ;feftares^;or capital
stopk. Price', $70 per share. .Originated^by Shields & Co.
.
12-8-43
58,603
Other loans for purchasing or
t525,000 Swift
1 320,000
:
Notes
;>■ Bonds
Ltd., 10.000 shares of common stock
$48% per share. Offered by Wertheim
(par
—207,535
6,407
Certificates
■*
*
(—) Since
11-29-44
$
■'U. S. Govt, securities:
of common stock
Originated with
$1).
Price, $6.75
Kidder, Peabody & Co.
■;
stock
—1,403,417
4,424
—
175.673
...
Industrial loans—.
Co.
685,753 Shamrock
Increase (+) or
Decrease
12-6-44
66,337
—
6,382
18,733,266
Discounts and advances
Montgomery, Ward & Co., Inc., 28,086 shares of common
stock (no par).
Price, $52,50 per share. ■ Originated with
Shields & Co.
>■;
948,750 Noranda Mines,
(no par).
Price,
1,702
—
of dollars)
387,020
+
Assets—
Share Corp. 15,000 shares of class B stock (par
$5).
Price, $6 per share.
Placed privately by Arthur
Weisenberger & Co.
V .}y?.>'
V
8,278
+
(In millions
—1,724,100
11,000
—
233,141
■
Total reserves.^
90 000 Niagara
:;;
1943
580,960
...
was
member banks follows:
1944
17,919,165
...
$2,715,000,000.
United States Govern¬
increased in all districts.
Borrowings of weekly reporting member banks de¬
clined $197,000,000 during the week, and on Dec. 6
amounted to $365,000,000.
A summary of the assets and liabilities of reporting
banks
ber
ment deposits
Dec. 15,
1944
due from U. S. Treasury.——
Co..;f;;jw;:':!,;y.'-:y;(^ ;■;: v'-r
National City Lines, Inc., 6,200 shares
(par 50 cents). - Price, $14 per'share.
Shields & Co.
:
\
(—)
or Dec.
Dec. 6,
hand and
on
Redemption fund—F. R. notes..
Other cash
)
.
stock ..(no par).
Shields & Co.
11,250 Majestic
certificates
Gold
Co. 50,000 shares of commoiv^B
$80Va per share.^ Offered by
tl 165,450 Loew's, Inc. 16,300 shares of common
Price, $71 %' per share. Originated with
)
-Since-
Dec. 13,
Assets—
3,500
Liggett A Myers Tobacco
'stock
(par- $25)i.
Price,
Smith, Barney & Co.
mon
of dollars)
Inc. ( +
4
Inc.
371,875 Ingersoll-Rand
,
3.244203
Statement cf Condition of the 12 Federal
Schaffner & Marx 3)000 shares of common stock
$10). Price, $29 per share. Offered by Blyth &
Co.,
4.035000
•Nominal rate.
The Wisconsin Company.
mon,
)
.658300*
Hayden,
!
(par
.
4.035000
.541960*
Hutton
87,000
y
.572200*
.658300*
-a*'Tra.sk-"&' Co.; Stein Bros; & Boyce;- Stix & Co.;: Tucker,
Anthony & Co.; Van Alstyne, Noel & Co.;Vietor, Com-
:
.572200*
Noncontrolled
,
Inc.;
Lord;
w.
.898125
.898125
.572200*
Uruguay, peso—
Controlled
Co.; Paul
Rollins &;
Clement. A. Evans & Co.; Granbery, Marache
Stone & Co.; Hornblower & Weeks;
& Co.; Jenks. Kirkland & Co.; Johnston,
Lemon
& Co.;
Laird, Bissell & Meads; Lee Higginson
Corp.; McDonald & Company; Merrill Lynch, Pierce, Fenner & Beane; Newhard, Cook & Co.; H. M. Payson & Co.;
Putnam & Co.;
Reynolds & Co.; Riter & Co.;, Spencer
&
-
.909090
.898125
.572200*
.205820
pound
Union of South Africa,
Company;
f
"<■'-•
.909090
.897968
.572200*
.895000
Inc.;
Inc.; Adamex Securities Corp.; Ames, Emerich &
Baker, Weeks & Harden; Bateman, Eichler &
Boettcher and Company; Alex. Brown & Sons; H. M.
Byllesby • <fe Co., Inc.; Central Republic Co.; Richard W.
Clarke & Co., Inc.Eastman, Dillon & Co.; Estabrook &
.909090
.897857
.301215
Official
Co.;
"
I
.909090
4.035000
—
New Zealand,
Sons,
Co.,
"
,
.051803*
Newfoundland, dollar—
154,380 Goodall-Sanford, Ine. 226,566 2-12 shares of common stock
5,1
(par $10).
Price, $22.75 per share.
Offered by Union
Securities Corp.; W. C. Langley & Co.; Blyth & Co., Inc.;
The
First Boston Corp.; Harriman Ripley & Co., Inc.;
Smith, Barney & Co.; Stone
.051803*
4.035000
(British), rupee
Mexico, peso
interest.
Offered by Union
Securities Corporation;
W. C. Langley & Co.; Blyth. &
Co.,
Inc.;
First
Boston Corporation;
Harriman Ripley
&
Co., Inc.; Smith, Barney & Co.;
Stone & Webster
and Blodget, Inc.; A. C. Allyn and Company, Inc.; Hemp¬
hill, Noyes & Co.; Paul H. Davis & Co.; F. S. Moseley
& Co. and E. H. Rollins & Sons,
Inc.
-
.060602*
.051803*
'
.572200*
England, pound sterling_i._„_,
103, and
Price,
1956.
due
,
.060602*
.909090
V
.051803*
.060602*
.060602*
.897500
& Sherrerd;
2,800,360 Goodall-Sanford,
1
"
.
.909090
:
Free
Colombia, peso.;
Sutro <Si Co.;
Butcher
Sons;
3.228C00
3.228000
3.228C00
.051803*
y.
.060602*
Canada, dollar—
.
Bankamerica Co.; A. G. Edwards
Gtis & Co.; The Ohio Co.;
Reynolds & Co.; H. R. Baker & Co.; Alfred L. Baker
& Co.; Cruttenden & Co.; Farwell, Chapman & Co.; First
Securities Co. of Chicago; Hirsch, Lilienthal & Co.; Johnson,
Lane,
Space &
Co., Inc.; Straus Securities Co.;.
Auchincloss,
Parker
&
Redpath; Bingham, Walter. &
Hurry; Buckley Brothers; Coburn & Middlebrook; Courts
& Co.; Johnston, Lemon & Co.; Metropolitan St. Louis
Co.; Pacific Co. of Calif.; Shuman, Agnew & Co.; Mason,v
Moran & Co.; Bond & Goodwin, Inc.; J. C. Bradford &
Co.; Francis I. du Pont & Co.; Kay, Richards & Co.; A.
M. Kidder & Co.; Clement A. Evans & Co., Inc.;
Ferris
Exnicios & Co., Inc.; Mohawk Valley Investing Co., Inc.;
Murphey, Favre & Co. and Nashville Securs. Co.
&
3.228000
3.228000
.051803*
V. Official.
Jeffries & Thorndike,
Co., ilnc.;
>
-
.251247*
Free
common
*
^
.297733*
.251247*
Schaefer & Co.
.
"■);.> ViJ
,297733*
.251247*
.060602*
3,198,402 Gleaner Harvester Corp, 177,689 shares of common stock
'(par $2.50);? Price, $18 per share.
Offered by F. Eberstadt & Co.; E. H. Rollins & Sons, Inc.; Central Republic
v.
.297733*
.251247*
Official
'
of
.297733*
.251247*
Brazil,cruzeiro—
Inc.; First Securities Co. of
Chicago; Cohen, Simonson & Co.; Loewi & Co.; Beryn
T. Moore & Co., Inc.; Pitman & Co., Inc.; Hill, Richards
& Co.; Johnston, Lemon & Co.; Adamex Securities Corp.;
J. C. Bradford & Co.; Cohu & Torrey; Doolitule, Schoellkopf & Co.; R. H. Johnson & Co.; Newburger & Hano;
Mead, Irvine & Co.; Frederick S. Robinson & Co., lac:
Woolfolk, Huggins & Shober; Ames, Emerich & Co., Inc.;
Coburn & Middlebrook; Johnson, Lane, Space & Co., Inc.;
Irving J. Rice & Co.; Taussig, Day & Co., Inc.; Emanuel
Co.; McAlister, Smith & Pate, Inc. and Herbert W.,.
Childs,
v.
75,000
<K
&
.297733*
3.228000
Australia, pound
,
Corp. 86,000 shares of common stock
$8 per share. Offered by Van Alstyne,
H. Rollins & Sons, Inc.; Courts & Co.;
688,000 Franklin
,
of capital
Offered by Max-r
:
$
Dec. 14
Dec. 13
Dec. 12
Dec. 11
Dec. 9
.251247*
Johnston, Lemon & Co.*
and
States Money
.291133"
Official)
cumulative
preferred stock (par $50).
Price, $50 per share.
Offered
by Allen & Co.; Kirchofer & Arnold, Inc.; Courts & Co.;
L
United
in
$
Argentina, peso-
26,000 shares
Angeles
Co.
Inc.,
Dairies;
Foremost
650,000
Value
Dec. 8
common
by Stifel,
stock
cents).
Price, $7 per share.
Offered by Allen
Kirchofer & Arnold, Inc.; Courts & Co. and
20
'(par
&•
Los
Store,
(par $5).
Price, $8.50 per share.Marshall & Co.
Foremost
525,000
Co.
Clothing
(no par).
Nicolaus
Country and Monetary Unit
Inc.
Co.,
In New York
Buying Rate for Cable Transfers
Noon
2443
208Q
Monday, December 18, 1944
CHRONICLE
COMMERCIAL & FINANCIAL
THE
2692
Per
Company and Issue—.v.
■(
/',> >
,,
■■•• ./
o
2444
1
2*4'A debentures, due 1961—^———-Jan 15
Sheridan-Wyoming Coal Co., Inc., 1st mtges 6s, due 1947_Jan> 1
Simmons Co., 4% debentures, due 1952
U - -—-—-/•-zz~Feb" 1
Socony-Vacuum Oil Co., Inc., 27/a % debs., due 1955___Jan
1
244% debentures, due 1954___—Jan
Shell Union Oil Corp.,
2548
2444
2548
■; '
A, due 1969
—
._Dec
Spalding (A. G.) & Bros., Inc., 1st pfd. stock
a—Feb
Springfield City Water Co., 1st mtge. 4s, ser. A, due 1956_Apr
Sumatra Bleadhery, & Printing Co.—1 .'V.;■■' ' V "
5 44 % bonds, ser. A, due 1946
—
Jan
Terminal RR. Association of St. Louis—
Ref. & improv. mtge. 3% % bonds, ser. B, due 1974—Jan
Twentieth Century-Pox Film Corp., pr. preferred stock-Jan
United Biscuit Co. of America, 344 %. debs., due 1955—Dec
30
5
Welsbach Engineering &
Collat. trust 5s. due
Aeronautical
2446
Quarterly :
Extra
2117
30
Company
'-'•-■
Date,:
Co., Ltd.—
v
_
44% bonds, series A, due 1969,—-——Dec
Atchison, Topeka & Santa Pe Ry. Transcontinental
Short Line, 1st mortgage 4%
50-vear bonds———Jan
Atlantic Coast Line RR. of So. Carolina—
•
General 1st mortgage, 4.%: bonds, due 1948—i^rJan
Bohvater's Newfoundland Pulp & Paper Mills, Ltd.—;
'
Associated Telephone
Page
2398
29
-'due
1962
Corp. gen;'mtgev
—
—
/V;
;/;/://////
3%s, series E, due 1963—-—
1st mortgage
Cleveland &
Pittsburgh RR.—
5V4preferred
1
1
■>
*
:
,
.
■
2181
2181
Jan
,'//: v
5%
2070
f12-15
i-"?
12-20
2402
1967
1967
series of 1936_
______
Jan 1
Gait Brass Co.. Ltd.. 1st & ref. 5% inc. bonds due 1950. Feb
1
Georgia-Carolina Power Co., 1st mtge. 5s, due 1952—Jan
1
Great Northern Ry.—' •••
'
/"'UZ'/:/ -'i.''zr/-;^//*4/
1st and'ref. mortgage 444% 'bonds, due 1961
Jan 1
Gen. mtge. 4% conv. bonds, ser. G & K, due 1946—LJan
1,
Collateral trust 4ft bonds,) due 1952
:
Jan I V
(Eastern Ry. Co. of Minnesota, Northern Division
-m,'11 1st mortgage 4% bonds, due»1948————„;.-Apr
1
Grey Nuns of the Cross of Ottawa—
.
/>/ / ;;V./
•63.44%.-4%;.: bonds, due 1946-1957—"J
Jan 2
e444%- bonds, due 1945-1960—™—_/
-ZZZ__Jan 2/;
'
0.■
1968
7,%'
2072
1
2184
1526
2296
&
Special ——w__—v.-—8 %
//;;■.
preferred (quar.)__
Crum & Forster Insurance Shares Corp.—
—
;2297
dated 1935—
10-yr. convertible bonds
Nashville
RR.—
110c
LJan
31/2%
10-year collateral trust
Central RR.—■
.
bonds, due 1950——Jan
Maine
;
-
,
•/
Year-end
Bliss
'
2074
50c
12-27
,12-30
2 &
1
1
2
2
2075
—Jan
due 1950
-—-Jan
Missouri-Illinois RR., 1st mtge. 5s, series A, due 1959—Jan
2075
2075
2075
York
Central
3Vi7o
,T5-year secured
'
RR.—
Co.
Inc-
New'York City Omnibus Corp.—
''New York Railways Corp.—
1972
2187
Dec 27
;'■"■(d
Jan
1972
1
35c
12-15
12-11
(year-end)—
& Machine Co.—. V;
;_i—i-i————.
40c
12-28
12-20
25c
12-30;:
12-20
Falls
1st
Gas
ref.
&
2407
Corp.,
Ozark Power &
Pacific
1530
_U——i—-Janvl-d
1st mtge. AVas, dated 1937
Dec 29
Water Co., 1st mtge. 5s, due 1952—Mar
1
,.1961
&
Electric
"
Co.—
mtge. 33/4S. series H, due
•,( '
1299
$6 pfd.
iquar.)—_
Philadelphia Dairy Products Co., Inc., 1st. pfd. stock—a_Jan
Pittsburgh,. Cincinnati, Chicago & St. Louis RR.—-
2005
1
I
2547
1
2006
—„Jan 12
2188
1
1
2006
1
2189
1
1743
...General., mortgage bonds, series C, 4I/2%, due 1977—Jan
Pittsburgh .Coke & Iron Co.—
1st
4V2s, series A, due 1952—
mortgage
Regan Bros. Co., 1st mtge. 6s, ser. A & B—
_.Jan
Restigouche Co., Ltd., 6^ s, f. mortgage bonds——_Jan
..Roos Bros., Inc., preferred stock—
Feb
■V
*
mortgage and
collat. trust debentures—i__Jan'
,2548
iy2% serial notes, due 1946--—-Jan 15.'
Sisters of St. Joseph of the Diocese of Peterborough (Ont.)—
' 4 (a
bonds —-—
—
Jan 2
Scalding •( A; G. ) & Bros,, Inc., 2d pfd. stock—
Felx 5
Rhbll Union Oil Corp.,
Twin
•1st
Union
City
Rapid
lien and
——
mortgage 5V2S, due
W--«n
(<*
D.l Co
4V2 'A
"Announcement
preferred stock—
—Jan
1
bonds, due
in this
1952_-^__
—
$1
12-30
1
12-22
13-15
2
12-21
1-
2
12-26
2585
__Dec 30
25c
Brooke
Co.,
Durrell
Brown
$1.50
past dividend payments in many cases are given
in our "General Corporation
12-20
1-24
12-28
(quar.)-—UL-
15c
11-
12-22
12-12
5c
12-22
12-15
t$1.50
1-31
1-10
1-26
12-30
12-18
12-12
1
12-26
'
10C
Carreras. -Ltd..
37(4c
t$1.50
2-
+$3,50
2-15
Co.,
Light
12-27
$$1.75
(final)
(final)
ord.
class A
reg.
ordinary
B
-1-15
2%
.
Co.
I.)
■'
RR.
Aguirre Associates
Electric
5c
.
12-15■
12-18
12-30
12-30
12-18
12-24
12-12
1-
1
12-21
2
2-
:
0-
-25c
fee
2-
1
,1.-15
1-12
<
i\
1-12
12-30
•r
,,12-15
In^pV"'ooioiadi"<"f
12-10
12-30
preferfe&Tquar'.)"
ft Gas, 6%
12-11
12-12
12-21
12-12
1-3
12-20
s>i'si^5c
$ 1.25
12-22
t
1-10
15c
75c
1-15
1-
3
12-20
12-
9
$1
1-15
1-
5
&2
12 %c
7c
5Qc
12-15
12-11.
12-23
12-13
preferred (ouar.1
ft
Fuhrmann
Fuller
Gas
(Bait.,
Co.
York Power, 5%
Central New
Md.)
pfd.
(quar.)'i_
(vear-end)__
Co.
6%
preferred (quar.)■
(vear-end)
Electric
Store
Chemical
Co._
Investment
Transit
Bank
&
,
Corp.
(year-end)
R
(quar.)
Trust
(N.
Y.)
45c
(quar.)_^
Chicago Electric Mfg-. Co.. class A (accum.)„
Cbicaeo Mill ft Lumber'Co. (quar;)'_ '
v
Extra
Chicago & Southern Air
Common
v.t.c.
(year-end)
Flexible Shaft
12-27
12-15
12-30
12-20
2
12-15
1-
.
;
$1.50
" 30c
12-30
;
12-20"
";i2iliJ
30c
12-20
12-21..
12-15 *
$1
n-n
:
9
1-2
12-
9
1-
2
12-
12-15
12-
5'
12-16
12-
6
12-28
Garlock
Co.
1-15
2
12-16
r2-Ji3
2
12-21,
1-
2
12-21-
10c
1-
2
i
o
15c
pref^fred ;;(ac6um.)_^---—-
General Tiing
common,
(quafv) _z
—U'ih-.—
fquar.)
Rubber. 4(4%
pfd. (qtiar.)
_
Instruments Corp.—
zZ^i———lJ~——
(quar.)
Year-end
Common
preferred (initial)—-—:
—i.—
Gilbert (A. C.) Co., $3,50 pfd. (quar,)_Z_—
4lU7c
Steel
Godchaux
B
Tubes—r—
Sugar,
class A
——•—
(quar.)
/■
(initial)
preferred (quar.)-—
ft Stock Telegraph (quar.)—.:.——Goodman Manufacturing Co. (year-end) —
Granite City Steel (year-end) —
——
Great American Insurance Co. (N. Y.) (quar.)
Great Lakes Engineering Works^^.:
Great Lakes Power Co., Ltd., $7 pfd. (quar.)
$7
Gold
Steamship
(year-end)
West'Life Assurance
———— •
(Canada) (quar.)
(yeaf-eradiSuqi.
oVe'eh (DiV Co.. ■common
6%
preferred (quar.)—
:
-
12-20
;
12-18
12-15
;
*
SI.w
-
J
1
1-15
1-31
25C
if
1".°A
■
-
"*
1
20c
•
1-
.$1
,■■
.h'
12-20
12-27
$1.50
/:
12-20
2.
12-27
12-20
12-30
12-16
12-23
>
54c
12-18
12-18
12-18
200%
>
-"•/25c-
1-20
U
,
'
2-
75c
1
50c
;
■
5
1-20
12-16
12-28
36c
Public Se4fice,Corp.. $6 pfd. (accum.)
&
12-15
1-
.
(year-end)
General
preferred
2
50c
$3
—i/z.——
Prhdijcts tog., 5% .preferred (s-a)^
General Tire
12-15
87M»c
Packing Co.
General Telephone; .Corp.,
12-15
12-27
Z- '
General
Class
2
1-
—
General
Globe
1-20
1-
75c
(year-end)——
(quar.)
Corp.
1-5,
10c
'///-■
(quar.)«
1-15
50c
common
& Malting
1-
.
$20
(increased)
York)
(quar.)—...
(irreg.i
(New
Inc.,
1-25
-
Co. (quar.)_^—Gas "ft Electric, $5 preferred (quar.)
IndnAtrie^' 5% preferred (quar.) Zwi
$5.50
12-21.
1-25
$2
General Electric
General
12-21
12-28
Gardner-Denver Co., common (quar.)__——
i
$3 convertible preferred (quar.)__
General Capital
I
9
'ill
7
(quar.)
convertible! preferred
Great
12(4'C"
,
12-
25c
.."
35c' ' li-h
12-23
2
50c
iquar.i_.
ft Schmidt Br' win-
Great Lakes
Lines, Inc.—
(year-end)
Gbieaeo, Artifical Tee
Chicago
'
2-
5
1-
50c
Manufacturing Co. (Mich.) (irreRr.»—
Fundamental Investors, Inc. (-year-end)—/a
Gamewell Co. (stock dividend)—'-iZ-,/-
•
Central Insurance
1-
20c
3 7 44c
common
(George A.) common
4% preferred
12-22
5
1-
12 %c
3744C
Fuller
12-20
-.2^c
Electric
Froedtert Grain
$2.50
12-21
(quar,).
Central Illinois
12-16
12-15.
75c
Uouar.)'l-_-i_-_-
Central Fibre Products Co.,"
Common
12-16
lr 2
1-6
Products
Diirv
412-22
6 U
7
12-21
75c
: 6// preferred
S3
.1-
12)4c
(quaf.) —
(quar.).-—1.41,—
5%\ preferred
.12-29
:i- 2
;
■'
:
7
12-
12-30
—_
.
5c
Co._—____il-U
Corp./'common
Ce'ofex
12-18
$1
(y?^rrend)
Susquehqhna
P.
2
17(4%
»r
12-16
,,
.2-1
'
$1.50
,.$1.75
17(4%
Extra v———
Cayuga
12-16
12-27
$$1.50
12-
12-12
25c -
(quar.)
Foresight Foundation, non-cum, class A>_„-.
Formica Insulation Co. (quar.)
—
Franklin County Coal, preferred: (accum.) —
Freim«n:(A. J.), Ltd.. 6'/ pfd. (accum.)—/
Fresnillo Company (irreg.)__———
Frick Company /.—/-;_,
——w——//—;■
8
12-20
2
;t$1.50
pfd. (quar,)
$6
'(qnqr.)^--4--iU'«-rT^:-.-:--——
2-
12-14
12-12
preferred
6%
■
1-
t$2
75c
registered
—
Carriers & General Corp. (quar.-
67
.
Bank
Foremost Dairies,
12-26
12y2c
ft Rubber
Tire
National
First
12-15
1-11
(quar.)
Power &
preferred
Firestone
12-15
2
t5c
§7o preferred (quar.)
(year-end)
f
2
$1.25
Administration Co. Ltd.—
$3."preferred A
Co.,
of Pennsylvania
Co.
Finance
12-12
12-29
12-8
12-20
$1,18%
Sons
(Wm.)
Filene's
12-15
"
12-20
50c
50c
(year-end)
Federation Bank ft Trust Co, (N. Y.) (quar.)
Stock dividend:
sTa sh. for each sh. held„
12-18
75c
common
Pacific Ry. Co., 4% pfd.
12-12
6
3-
12-21
,
12-19
Federal Drop Forge Co.
12-23
2
1-
12-28
/
4,%%.. preferred
(auar.j—L-———
7^; preferred
Caoital
Charleston
In the
first we bring together, all the dividends announced the
current week.v Then we follow with a second table in
which we show the dividends previously announced, but
which have not yet been paid.
Further details and rec¬
1-15
Tungsten
Canadian
Chain
grouped in two separate tables.
12-20
;12-21
i-2
;■
$2.75
$1.50 conv, preferred B (quar.)
Fear (Fred.)
ft Co. (quar.)
10c
Corp.—
—
Campbell (A. S.) Co.Canada Southern Ry. Co.
(s-a)
Canada Starch Co.. Ltd., 1'A pfd. (s-a)
Canadian Fire Insurance
(Winnipeg!
Canadian Industries, class A (year-end)--—
Class B (year-end) —r.—_
:
$7
1-15
12-22
15c
''
Corp., common
preferred A iquar.)
conv.
12-15
12-15
,
$2.50
(year-end)
Co.
12-15
12.-15-
.
12-19
-
12-15
71c
(quar.l
Buffalo Ankerite Gold Mines, Ltd,
Buffalo Bolt Co.
(year-end)
Cadwell (A. & G. J.). Inc. (s-a)——
.
Co.
12-20
/
12-23
12-23
12-29
•/',
Empire Trust Co. (N. Y.) (quar.)
Eureka Vacuum Cleaner Co,
—
preferred
Century
■
$20c
15%
Calgary Power Co Ltd,
Water
12-29
,
.
$1.25/
(quar.)
—
(s-a)—-
Family Finance
12-15
12-18
$1.25
Investing Corp. (year-end)
(E. G.) Iron Co. (year-end)
Central Republic
issue.
under the company name
12-21
12-29
$1.25
Gas
Electric Mfg.
Emerson
1-
12-15
*
12-23
•
$1
$5
(quar.)
(final)
Central
^
Consolidated
Elizabethtown
3134 c
12-15
12-26
12-26
12-23
^
Mfg.
12-23
37 >/2c
12-15
12-30
25c
(year-end)—-/—
Cleaner Co., Inc. (year-end)
Electric Vacuum
12-12
•.
12-16
Central Wharf ft Wet Dock Corp. (year-end)
ord of
2
12-23
Celanese
British
Central West Utility Go.
are
1-
16c
Boylston Market Association———
Brandjen & Kluge, Inc. (quar.) 1—i——
Bralorne Mines, Ltd. (quar.)
Central Steel ft Wire,
Dividends
$5
(quar.)-———
Stock Yards
Central
2116
1
Dec 30
debentures, due 1952.
2
4
12-15
"20c
(quar:)—.—Z————/-////■..
preferred
5%
Electric Controller <fe
12-12
1-
•
Central
—
Convertible 4XU 7c
mtge.
5%
Hamilton, Ltd.— :
1958—
———Jan
*iVeSt Kentucky Coal Co., 1%
1st
1781
8
United Cigar-Whelan Stores Corp.,
:
12-20
12-29
zioc
,
1^-19
1-2
$4
(Boston, Mass.)
U__—
Boston Storage & Warehouse Co. (quar.) —
Botany Worsted Mills, class A (year-endl—
$1.25 preferred (quar.)
—_
Case, (J.
2116
——Jan 15
bonds, due 1952_Jan
1st preferred stock
Uhited Gas & Fuel Co. of
1st
1531
2336
1
Co.,
12-21
12-27.
.
12-29 V
12-
•
20c
50c
,
40c
Personal Prop. Trust
Bourbon
.V,
...7G—/./.
.Stock Fund (quar.)
...'Extra ———/—«_•>' /
Economy Grocery Stores (quar)
—
Elder Manufacturing/ common (quar.)
/_
Elizabeth
Boston
$1.50
V
(1st-preferred'. class A (accum-.)—Z—
Balanced Fund, com. (quar.)
Extra.,
12-21
12-30
6%
12-12*
Massachusetts'Street Railway Co.—
Eastern
1
12-12
12-15
-
$$1.25
———•
Eaton ft Howard
12-15
10c
—
/;
Class
Co.—
Jan
Amustment Corp.,.Ltd., 1st mtge. 5s, ser. A—Feb
Investment
United;
Transit
refunding 54/2s, series B—
•
;
37 %c
iquar.)
Herald-Traveler (quar.)
Insurance Co. (quar.)—
Carolina
Rllddy..(EEL.) Co., Ltd.—
,.6Va%- 1st
;
1- 2
v
75c
(year-end)
Common
9
12-15
12-21
40c
-
12-30
.$1.75-.,
(year-cnd)_
Corp.
Diamond
Callite
v
.—Jan
1961_^—
6
12-15
U 2"
12-
1-31
U
/
12-20
5
12-19
,
1st preferred (s-a)—/// $62 % C
■'r- 10c
Co., common__./.._..__—.—
3744c *'
$1,50 convertible preferred (quar.)
49%C
Eastern Corp., 5% conv. preferred—
12-
common
20c
1-
Eason Oil
12-15
$1.50
12-29
*
12-20
12-22
r
5%
12-29
25c
convertible .preferred
5:7c
Blue
57*
Oregon-Washington RR. & Navigation Co.—
1st and ref. mtg. A'h' bonds, series A and B, due
Oswego
.
12-8
Brooklyn Borough Gas Co.—
6% participating preferred
.
.
'
12-14
12-28
7c
20%
(quar.)
/
(quar.)/.///
Dunlop Tire ft Rubber Goods Co., Ltd.— ',
12-22
12-15
Laughlin, Inc..
tz
Brink's Inc.
1
1
1
Prior lien mortgage bonds, series A. due 1958
vfl- 2
(year-end)i__-T/_
„
$2.
Manufacturing Co.
Duff-Norton
12-14*
2
2
'
•HOC
25c
Broad Street
bonds, due 1952
1-
12-20
1-
50c
A
5
12-13
12-27
;
$1.75
1- 2
25c
/
■•' (
1-
12-21
50c
< year-end) —
•
12-23
/";•'■ 50c
Crucible Co. (reduced)/^--/
12-22
10c
Dodge Cork Co., Inc. (year-end)—
'■
12-22
:'•-„ 25c /:
Dominguez Oil Fields (monthly)
.1-31
; / J 30c
Dominion Oilcloth & Linoleum (quar.)—1
12-8
1-20
12-12
1-20
(Joseph)
Dixon
12-11
12-18
15c
12-12
$1.25
Portland Cement
Diamond
tlOc
.
gold bonds due 1945
Miller & Hart, Inc., 6^ debentures,
'5-vear
12-21
25c
class
V/'
'
12-23
59b
1
f:
.
4
1-
!2VeC
12-12
12-22
12-22
25c
Semi-annual
12-12
12-22
30c
40c
ft Southern Western RR.—
Hillsdale
Detroit
12-20
12-19
Co.,
Ravon
Delaware
12-15
50c
Quarterly
.
stocks—Jan
fist mortgage 4Va'U bonds, due 1968
—Mar
jlgt mortgage 4%.: bonds,., series E, due 1971___^——-Apr
1st mortgage 4% bonds, series G, due 1965
May
Middle States Petroleum Corp.— d-d
V
bonds, series A, due 1945——Jan
(1st mtge. & collat. 4%
12-30
.$2.50
2074
2545
.Metropolitan Edison Co.—
'1
Prior preferred and cumulative preferred
;12-29
1-10
•••'
$3.50
preferred
Boston
1
1
v
,,
1-24
25c
.
Inc._.._.+,:-i_^./v.-v
(year-end) —
Davenport Hosiery Mills, Inc.
7% preferred (quar.)
12-20
Fire Insurance Co.
Son.
Boston
-1
v
r,'o bonds
-Ext.'unfied mortgage
2073
2
2
Jan
Jan
—
1
1-
3-16
<
_,
■/
12-20
12-28
55c
$1.25
(quar.)
12-16
3-31
30c
■
Class. B
12-22!
$2'
2
1-
1-15
30c
(quar.)
A
cmss
12-1*
12-15
30c
(quar.)——i—
Forster, common
•••::'
Birdsboro Steel Foundry
$7
1527
1st mtge, A'/as, due 1956—————Dec 20
Co..
Kimberly-Clark Corn., 6preferred stock
Louisville
Crum &
12-22
Construction
Birmingham Electric Co.,
.
Koehring Co.
12-15
Danahy Faxon Stores.
..
Keyes Fibre
1-15
5
2-
2-is
•
$1.25
12-22
&
12-18*
43 %C
conv.
12-28
Machine
2
:v\l%
30 c
pfd. (quar.)— '
Crucible Steel Co. of America—"V;;;./
(quar.)
:
5% convertible preferred
7%
Drug Co.,
Crown
$1
Bird
12-20
A '(accum.)__-_—:
class
$1
1-10
11-30
12-11
.
12-30
2
1-
'
12-21
West Point RR.
12-23
1-20
$3.75
$1,75
Citv
12-18
1-2
"
.
12-18
12-30
5%
dividend)
(stock
Co.
12-23
Bank of New York
2403
(The)
12-30
$3
(increased)
Cream; of Wheat Corp.
(quar.)
American Seating Co, (year-end)——--;Anchor Hocking Glass Corp., com. (year-end)
$5 preferred (quar,)-Anglo-Huronian, Ltd, is-at_—
Aro Equipment Corp. (year-end) ——_v„
preferred
Bird
U V
—
12-20
'''. Special on A and B_—'
Cunningham Drug Stores..
2403
TAi
5'r collateral trust bonds,, due 1952-——-Dec 30 :;'
Hbuston Lighting & Power Co. 1st mtge. 31/2S, 'due 1966_Dec 20 k;
International. Rys. of Central America—,;;
'■ '-iV
; ivst lien and ref. 6'/abonds, due 1947————Febi 1
Kansas City Terminal Ry., 1st mtge. 4s, due 1960
Jan 1
Co.
1-: 2
12-18
40c
•
12-11
2543
Gas Securities
6%
12-18
12-30
$3
12-21
stock--——Mar 31
pfd. stock___,.Z_Jan
X
preferred
6%
12-14
25c
30
Hiiton-Davis Chemical Co., $1.50 conv.
12-19
12-29
12-20
12-30
$3
12-15
(quar.) —L
(year-end)
1
Backstay Welt Co.————————
Badger Paper Mills, Inc
—
Badley Building, vtc. (year-end)
Bangor Hydro-Electric
i:—
Bank of Manhattan Co.. (N. Y..)
(quar.)-^_
2072
1
stock_L—_——-Jan
/.*/'/■'.vri
preferred
RR.—-•''/•
collat. trust bonds, series A, due 1953—Jan*
Hackensack Water Co., 7% preferred stock—————Mar
12-28
ki:
1969
5%
& Ohio
Watch Co.
6%
1-2
$1
Craddock-Terry
12-19
1
712-201
'
12-19
12-20
8
12-20
<1-2-27-
$1.50 *
(quar.)
''
Shoe Corp., common______U ■
1st preferred (s-a)
2nd preferred
3rd preferred (s-a)—:
;
:— •
preferred
6%
12-31
12-28
12-
12-27
$2
12-20.
12-21
Metal
12-20
*12-14
$1
$1.75
Atlanta &
2
$2
50c
Investing Corp. (year-end)
Rubber, common———
Atlantic
14
'Z
12-15
Art
12-15
••
12-15
1526
1
■
Co., com. (year-end)
12-22
1526
1526
Reynolds uorp.— ' ///■
preferred class A (accum.)
$6
Cosgrove Coal Co.^
Cottrell (C, B.t &;Sons
1-2
1526
12-15
1-
12-30
(quar.)
——.—
Bankers National
Investing (incr. quar.)
Bankers Trust Co. (N. Y.); stock dividendBarrister Hall Trust (Boston)
Beaton & Cadwell Mfg. Co, (year-end)
<■"3% 7c
Houston
.
1-1
20c
;
12-15
•
■
Gruen
2
1-31
5
.'■•U $2
.
1-
Corroon ft
2
12-12
12-28
8
12-15
/ 1-20
(quar.)
12-27
77c
1967
1st mortgage bonds,
Gulf," Mobile
1-
12-15
'12-
2
1-
50c
12-30
American Hard
12-23
4$2
(quar.)
65c
American Foreign
12-15
12-15
50c
$1.25
:
2
1-2
:l
'1-15 '"'12-20
2-
1-
1-2
(Del.), com, (year-end)„
Continental Bank ft Trust Co. (N. Y.)
12-11
Ul-
.
1
1-31
75c
(quar,)
preferred
8 %
12-
12-15
,j' 2-15
$2
(Toronto)
Gas
Continental Baking
12-21
,
$1:25
1630
20
1
/:• lml5
25c
(quar.)
•'.8%; preferred
12-2X
12-30
75c
(quar.)—-——
Co.
Express
12-15
1
.
Crowley, Milner & Co., 6% prior pfd. (accum.)
Cruwn cork international Corp.—
:
—
Quarterly
2
75c
$1.50
$2
■ ■
American
12-
15c
Consolidated Water Power & Paper Co. (quar.)/
Cross
(year-end)
12-20
12-12
$1.62
$1.50
v.
1967
1
7%
Gas;
Consumers
12-30
$.1
1
v/V'.;/
$3 preferred (quar.)
Consolidated Retail Stores, commouhv--R/
1-10
$3
U
1-
12-19
$1.50
—:
Insurance Co..':,/'
(quar.)
z,preferred (accum.)M/—
Securities Co.— 1 ' •
(Louisville,- Ky.)
5c
;
preferred (quar.)
Securities Co.
American European
Ltd.— /'•/•/■:"
"•/ ;•/;',/
•/•'/'//,%■/'-•
1st mortgage bonds, series A
•___——u^.—Jan 1
6% s. f. mortgage bonds—.—_—
Jan 1
6%
(quar.)
Common
2294
Companies,
.Eraser
.
12-13
12-21
'
$1.31(4
—
12-20
Electric Co.—
..
1-20
...
1629
v
ref. mortgage bonds, series A, due 1948—
-Jan
Erie RR. 1st consol. mtge. 4% bonds, ser. C, due 1959—Dec
Fifth Street Bldg. (Los Angeles, Calif.), 7%
pfd. stock Jan
(quar.)
Credit, class A„_-_—
American Cast Iron Pipe Co., 6% pfd. (s-a) -.
American Cities Power & Light Corp.—<\
$3 convertible class A optional dividend
series of 1928.
Payable in cash or h
v
share of class B stock
—;
.
American Coal Co. of Alleghany County—
American District Telegraph Co. (N. J.) —
1397
1
444%
common——
American Business
/ ;/-•
1977—Jan
Street Ry,—,
Eastern Massachusetts
Co.,
Shoe
w—V-'
Extra
& Electric Light Co.—
u
:: •'''/
25-year 6to mtge. bonds, series A, due 1948--—Feb
Duke Power Co., 1st & ref. mtge, 4% bonds, due 1967—Jan
Eagle-Picher Lead Co., 6 to preferred stock—,
—Jan
Eastern Corp, 1st mtge. conv
5to bonds dated 1933——Dec 29
.
Concord
x- 2
30c
25cl
25c
12-20
1
Connecticut Gas & Coke
12-27
—15ci-
American Brake
Banbury & Bethel Gas
,
12-13
$1.50
c'v/
,;; 25c
Car., preferred (year-end)
American Bantam
2291
30
Jan
444%; bonds, series B, due 1981
& ref. mtge.
.'Gen.
bonds, series A, due
ref. mtge. 4 44 %
l Ceti. &
'
2
>
5
1-
20b
Commonwealth Life
_
'•Extra
3%%' bonds, % .V.«
+./-■
-Dec 22
.
12-13
1-
•
$1.50
Utilities
preferred (quar.)
preferred (quar.)
6%
;
,
-6'"/
12-13
12-22
$lr
$1
•
•
•6(4%
.
Chicago Union Station;
;
12-23
1-
preferred
77c
,-0
preferred stock—
—
.u __-Dec
Chicago, Burlington & Quincy RR.—* '
Z" .'\/
11st.& ref. mtge. 5s,. ser. A, due 1971
——Feb
"Illinois Division "mtge.; 344% & 4 'A bonds due 1949—Jan
New
12-30
12-20
(year-end)—----l; 20c
Co., Inc., com. (quar.)
25c :'/I:l- 5
l- 5
(quar.) ——
—
$1.75
/ 12-22
American Airlines
(initial) „$1
American'Alliance' Insurance (N. Y.) (quar,)25q;; V^l-15
1
Filter
Air
American
2178
1
Cheney Brothers
;
Columbus & Southern Ohio
12-20
Brothers
Altofer
1962
1
•
5s_-—4
•Tst mtgei
Central New'York'Power
:
12-15
12-20
1-12
12-21
.
1 - %1-
2-
$1.75
Colonial
12-27
■
.
;
(quar.)
12-20
12-28
3c
75c
^
(year-end) _
Albers Super*- Markets, common(resumed) iR
6% preferred
(quar.)^„-__„—
Allemania Fire Insurance (Pittsburgh)—
Quarterly I
preferred
'$7
12-14
mtge. 3
list
,
—
'(quar.)
Inc.
fund,
Ainsworth. Manufacturing Corp.
'
ENTIRE ISSUES CALLED
and Issue—.>'/
;•'/,; /■•.' /; }■;/; ///■■:::
;—^
Affiliated
of Rec.
1-12
40c
20c
.
'12-26
Colgate-Palmolive-Peet (extra)
Colonial Ice, common (year-end)
$6 preferred
(quar.)u_^-„_.i.-_-__^;_''_,i_:_i: •
12-20
2 '
Conn.) —
(Hartford,
Co.
Insurance
Aetna
preferred (quar.) u; "$1,75
(Del.)^— ;•
62^6
——
12-16
12-26
12-29
26c
10c
25c
$1.25
———
—
Mfg. Co.,' Inc., cl. B (year-end)
Products
———
Aetna Standard Engineering, 5'7<> pfd. (quar.)
Aero Supply
40c
Yards
QcT*on ](«.-- "tfo.
of Rec.
Payable
Share' ■
•
xA+aO
1-
X5c
•.
7%
Clihchfield Cpal Corp,
Holders
Payable
$3.
10c
$6 preferred (s-a)
Stock
Union
*':
•
class A (quar.)^.——...
When
Per
Share
—a——- ;
v^cd.x'-t.A,vi)
(year-end)
Securities
Aero
2444
2190
*
V^,.: ,/ ./''*/;'
Cincinnati
■
Holders,
When*
■.
'
tiayie of Company
Companies
(year-end)
Corp.
i.'1'ow—Ai.o.
^eriwi
" /;
Name of Company
.
/bev.romh'fl & Fitch Co..
Admiral
1
preferred stock—Dec
Inc., $5 prior
Stores,
i.', Z
'•
■
.
1
2
28
1st mtge. 3%s, due 1968—-—Jan
2
Management Corp.— •
//
;
Utah Power & Light Co.,
Wieboldt
;
2336
1
■
•
v ;
;:
3%s, ser.
mtge.
; 1st
Industrial and Miscellaneous
2444
Light & .Power Co.—
Southwestern
"
_.
__ _
.
Department" in the week when
declared.;'
7
;'.:'';. N "i; v
*r ■
j
^
The dividends announced this week are: / .
,
/
Investment News
and
Paga
Date
„
12-27
12-19
12-22
35c
1-25
$1.25
12-15
$1.25
12-28
12-18
2
12-15
1-
$$2.50
12-11
'12-23
12-18
12-23
40c
12-18
>12-23
$9:
$8.25
62
,
12-12
2
12-15
U
44 c
$l.-I2-44
12-31
12-21;
ahSftc
12-26
12-16
-i.itSGt ;
1-15
12-16
''Up 56c
1-
2
12-16
-87 Vic
1-
2
12-20
12-29
32-16
1
12-18
12-26
12-14
by 25c
'V
1-
$1
50c
$1.75
1-
1
12-18
$1.50
1-
2
12-15
$1
12-20
12-20-
35c
12-27
12-18
30c
1-15
12-20
12-15
50c
$$1.75;
$1
.
1-15
13-22
$$3.75
i-
5
12-30
12-13
fi"2-20'
4"
$1.50
12-
.v°
2
*5
' i2-i5
"■;
of Company
Common
$0.04888
12-22
Fire
(quar.)—
Insurance
12-15
•"$40c
410c
•
,
-v
Co.,
•/Hoover
.
Special
i "~A% f/o preferred
1
$2
12-12
Ti'o
1-
1-/2,
12-11
2nd preferred
$1
,,12-15
12-12
12-2
15c
;
12-22
12-18
class C preferred
7%
•
1st preferred
12-18
12-16
12-15
12-/5
12-11
National
.
35c
(quar.
12-20
•
National Enamel
'
'V
$5
.12-20
'45 c
12-22
12-22
-v
12,-12
62 V2C
12-12
Corp.
/
8%
preferred
Nelson- Baker
-'
,12-15
12-26
New Britain
12-15
12-15
(year-end)-——
Inc.
12-26
i2-18
12-29
12-19 ;
50c
1-
2
-
12-31
'
$1.75
1-
*
12-13*
,.".'-lr-2
12-13*
>;-■ $1
,
"i 12-27
,1'2t23,:
19c
,w
43Ac/b
12-11
12-11
12-
:
$1.50
1-2
.12-27
"■'P'
Year-end
(quar.)
33 %c
(year-end)
Group Shares
7%
,
of North America
Insurance Co.
3%c
(s-a)
Northern
Natural
(year-end)
(irregular)
Gas Co.
(year-end)
6pfd.
12-16
12-20
12-11
2
8%
12-16
12-26 :
12-23
1-
12-23
1-2
20c
12-27
12-15
12-30
12-19
•
12-18
12-28
$$5
preferred■ (accum.)
1-20*
Investment"
Ltd.
Foundation,
(Interim)
——
(year-end)—
Mutual (year-end) ——
——
"C'\ Inc.
Investors Fund
Investors
certificates (extra)
lowr Electric Light & Power Co.—
Insuranshare
12-
8
1-
2..
12-16
/•
1-
2
12-15
v;
1-
2
12-20
1-15
12-21
1-
2
12-20
1-
2
12-20
1-2
12-20
$1.50
.Extra
'■
12-23
12-16
Pacific
Can
iV
12-27
12-16
12-26
12-16
1-15
12-29
12rl2
10c.
Paramount
1-2
12-12.
12-15
Pictures
Judson
Julian
Kahn's
Sons Co.,
(E.)
(quar.)„
Common
(quar.;
62%C
(quar.)
•; Common
f•;7 3-15
:
15C
'
6-
-
Chemical
9-
V 12-15
12-14
1- 2
$1.50 /
1- 2
12-14
12-23
12-15
12%c
;12r23
12-15
$1.25
1-
2
12-15
1-2
: 37 %c
>. i
Pick
(Albert)
Stock
12-18
12-15
,12-15
li-30
ci 20c
12-15
11-30
Pictorial
12-18
12-14
Pilgrim
>■
(ypear-end)—
———Department Stores, Inc., common—
1st preferred (quar.)—
La Crosse Telephone Corp., com. (year-end)
6{:/r preferred (quar.)—
Corp.
for
Salle Extension
V
each
Torrington Co.
1-15
12-31.
Trico
Tunnel RR.
Material
Line
Louisville Gas
1-15
12-30
Corp.
Martin-Parry
McKee
Pollak
1-15
12-30
Prentice
1-15
12-30
Procter &
12- 8
Providence
Gas
Providence
&
Year-end
$2
non-cum.
Mid-West
12-26
1-25
Milton
31V4C
-1-15
12-30
Class
80c
A
12-23
2
12-23
Reda
12-20
Reece
preferred
Rand's
1-
$2
12-15
12-
.
preferred
Pump
1-
Button
12-20
Reed
12-23
12-13
12-19
12-15
2-15
1-31
*i£.
-30
$1.50/
12-20
30
V, 12-20
Service Co.
1
Riverside
6%
1'-
2
$5
3-15
$1
12-18
12-27
1-20
12-27
1-
2
12-19
$1.50
1-
2
12-22
12-
12-
6
12-23
1-20
12-
12-15
12-; 1
$1
1-15
12-21
75c
12-20
West
Baking
1
Electric
6%
12-13
Western
12-18
1- 1
12-16
12-30
12-20
12-27
12-12
,
Common,
(Bait.)—;
vtp. ..(quar.)-———1—Radio Co.
Morri$ Plan Co.
•
of California (quaK)ii-r—,
12-16
Rome
2
12-16
Rose's
12-16
St.
&
Clinton
Tablet & Stationery
Western
12-22
12-22
12-21
12-18
15c
12-30
12-20
12-30
12-20
12-30
12-15
12-29
12-18
12-29
12-18
l'/o
$3
12-20
12-13
40c
12-21
12-15
12-14
12-27
12-15
12-28
12-18
Wilson
7%C
12-28
12-15
Wisconsin
"
8%c
12-28
12-15
1^-18
12-30
12-18
12-29
.
1-
$5.50
1
12-22
12-20
12-21
12-
7
15c
12-21
12-
7
40c
12--26
12-15
75c
12-30
12-21
$3.50
12-19
87 %c
....
12-11
Wrisley (A. B.). Co
—
Young Davidson Mines———_.——'
1
■
12-22
50c
1-
12-12
12-20
2
1-
2
4-
2
3-22
12-18
12-12
12-20
12-20
12-16
1-
3-
1
;
25c
; i25c
12-28
'/•'•-•'lc
12-20
12-15
•
*
5
'• $3
tl5c
+$1.50
'/.
1- 2
2
2-
1
2-
■
1-20
1
1-15
15c
12-11
12-4
20c
12-15
12-
4
l%c
12-23
12-
7
$1.50
(quar.)———
Corp
—
give the dividends announced in previous
paid.
The list does not include divi¬
announced, this week, these being given in the
dends
we
preceding table.
/
^
'
2-14
1-
Service
50C
2-5
1
Public
$1.25
weeks and not yet
12-21
2-15
3-
$6 preferred
Co.,
Below
12-20
-7
•
'
&
$1.25
10c
Wheatley Mayonnaise Co. (extra)
White Sewing Machine, $4 conv. pfd.——_
12-21
'•
$2*
75c
St. Louis Bridge
3
((-
San
2nd
Co., 6%
preferred
Diego Gas
&
3
2
12-15
1-
2
12-18
Sangamo Electric Co.
$1.-50
1-2
12-15
(quar.)
2-
1
and
Miscellaneous
12-23
12-15
12-23
12-15
1-15
12-30
25c
(year-end)
1-2
12-15
Savannah & Atlanta Ry„ 5%
$48c
1-15
12-15 1
Savannah Sugar
Refining
Scudder
&
Fund
12-30
12-27
12-18
10c
•
12-21
12-11
17 Vac
12-30
12-20
$1.25
:
12-
12-20
12-11
70c
12-20
12-11
50c
(quar.)
12-13
12-22
75c
,
(quar.)
12-29
50q
pfd. (quar.)__
Corp.
1-15
35c
(quar.)—
4334C
Companies
When'
-
12-12)
12-
8)
^Extra
Sctillih
d
"u 1
;
—
Steel("Co. (year-end)—,
Seib'oard SthVty
I
12-28
12-20
80c
12-27
12-20
Share
Name of Company
common
preferred
Conn.)
'
Extra
(quar.)'
Insurance
12-
1
1-15
1-
2
'
,
Extra
Affiliated
Manufacturing, class A (quar.)
Fund,
Inc.
(extra)-___—
12-14
12-15
12-30
12-15
25c
1-10
12-21
$1
1-3
11-29
3
11-29
30c
:____
—
■
Aetna Supply
2
12-27
20c
lr 3
11-29
3Qc
i-
3
11-29
1-
2
12-15
12-20
12-11
$1
(quar.)
1-
45c
—___-
Co.
12-
12-23
$$3.25
•-—
—_.—
.
Life
1
12-23
$1
(quar.)_____—
Acme Glove Works, Ltd., 6%% pfd.
(s-a)__
Adams Express Co. (year-end)
___—
Adams (J. D.) Manufacturing Co. (quar.)__
Addressograph-Multigraph Corp. _____
Aetna
Casualty
&
Surety Co.
(Hartford,
Aetna
of Rec.
40c
(quar.)___,
Extra
4%
Payable
15c
Laboratories,
Abbott
9
—
Co. /(special)—J—1__—_
Holders
12-30
20c
San-Nap-Pak .Manufacturing "'common—™
70c preferred (quar.)
Electric, common
12-30
$1.50
1-
1
$3
1st preferred (s-a)
(s-a)
Clark
Industrial
.
Per
1-
Stevens
9
2-
t$1.75
!
—
15c
preferred
12-21
12-
t35c
$1.50
5f/e
12-20
Cb'.^'^d.^
$1.75
12-15,'
12-26
12-16
1-
12-28,
$$1.75
(year-end)
5% preferred (quar.)—-———
_
5% preferred (quar.).—>
12-14
12-15
12-24
2
12-26
80c
$1.75
Common
12-23
(year-end)
fibres, Inc." '(fext'rh)l_b_
(quar.) ;
preferred (quar.)
5c
50c
12'-15
12-29_.
Corp.—
:
RR.'"ijs-a)__r___—
10 & 25c
5,
Lawrence. Flour"Mills
37V2c
$1.50
12-22
1-2
-
Monumental
1-15
12-31
$3.75
$$1
—
5c
_i___
/
12-11
$1.75
Pipe & Steel Co. of California.-—
Western Ry. of Alabama———
40c
!
1-10 <
$7
—
3-15
'
-
12-18
•
25C
(accum.)—.——
12-15
(year-end)
(quar'.f— '
12418
12-26
12-26
k
Light & Telephone Co.—
15c
v
$1.50
,.12-29
15c
Western
preferred
,
12-11
'
5
$1,75
preferred
(s-a)__————-Common
(year-end)_
Western Massachusetts Cos.
(quar.)
12-11
/_____
12-29
1-
17%c
$1.75
12-30
12-19
'
50c
12-30
12-12
12-19
12-29
37 %c
Inc.——j———
Co.,
12-30
1-20
12-24
Insurance flecurities—
25c
12-15
>
12-29 :f
$5
———
Western
1-2
1-5
—
(quar.)——
Western
12-14
/::• $20
(accum)-/——
& Light Co., Ltd.,—
Power
preferred
12^-14
u
■
12-12
12-27
7
$1,50
Co., $7 pfd.
Kootenay
7%
12-14
2
62%c /
Shoe
—-
12-22*
20c
2
12-20
75c
—
1-15
,
1-
75c,
(accum.) ______
U. S. Lumber. Co. (liquidating)
12-11
12-
/-"M
12-22
12-15
_
preferred
Ward
12-30
12-15'
12-15^
412-29
$1.25
—
6
12-19
12-8
12-20
——;
(year-end)
Co., com.
12-27
'
:
12-15
'
37 %c
—
i5c
Common
v
2
$1.75
_—
12-30
:/2%c
(quar.)
12-20
12-13
12-22
.
71r
5c
i——!'-1
12-20
2
(s-a)
37 %c
common
12-20
2/
1-
'
12-23
1-
Louis
5c
(S^a)
Co., Ltd.,
preferred (quar.)
6%
12-20*
&
Paper
2
1-
——
12-15
'4- 2
1-
preferred
of St.
30c
Corp. (special)—
Co.iii—
Dan River Cotton Mills,
1-
62 %c
:—
—
12-20
$1
Oil
12-19*
$3
(quar.)
Corp.
$2
-
12-23
12-15
1-
V
_
;:;United Stockyards Corp.—
/ / ! •■ ■;/
70c conv. preferred
(quar.)__„——
Upson-Co., 7% -preferred (quar.)———
Utah-Idaho Sugar. 60c class A pfd. (quar.)
.Vanadium Corp. of America (irregular)
Victoria Bondholders (year-end)—
Vlchek Tool Co., common
(year-end)
T7o preferred (quar.)—
Vulcan Corp., $3 prior preferred (accum.) —
Wabasso Cotton Go., Ltd. (quar.)
,'Waialua Agricultural Co. (year-end)
12-23
/,;
Co.^r
12-11
75c
'■
Co.
Ranch
Rolland
$2
Bit
1-16
12-23
$2-
12-15
(quar.)_'__
Republic Aviation
5
—
(quar.)
Roller
Rice
1
,12^28
l";12-23
common
1
$$1.25
$2.50
A
Renner
5
.12-
Class
Reed
12-20
1.12-
•
Mississippi River Barge Line (year-end) —„
Mississippi River Power Co., 6# pfd. (quar.)
Missouri Edison Co., $7 pfd. (quar.)—l—
Missouri Power
Light, $6 pfd. (quar.)_—
'12-
2?
•
Co.,
2
2-
50c
12-30
12-22
Machine_/1__i.__/_/l;___--^--''
Folding
Drug
12-15
1-
58 %C
12-21
50c
(quar.)
(quar.)
Reed-Prentice Corp., common
7% preferred (quar.)
Reece
2
41%c
Machinery, common (quar.j—_
6 9epreferred-..(quar.j—+.•———:
U. S. & Foreign Securities, $6 pfd (quar.) —
12-15
__i—
*12-20
12-15
1-
.
40c
$6 preferred (quar.)
Corp.,
10c
1-2
2
$1.20
Inc.
1-10
15c
(quar.)
12-28
/
Stocks,
5c
15c
12-15
1-
2%c
(quar.)
1- T
12-21
common
Machine
12-15
2
$75c
12-15
10c
(quar.)
Hole
2
1-
62 %C
——
Circuit, Inc.— v; ;.///■
preferred ,(quar.)
United
2.
10c
'
.
(year-end)
12-15
1-
$50c
—
:,i-'2".
25c
(quar.)
common
12-16
;
$50c
participating preferred (irregular)
$3 participating preferred (irregular)
United Pacific Insurance (quar.)—
9
65c
V
1- 2
12-23
50c
12-15
2
15c
common-/
?
82 %c
-
RR.___
1-2
50c
12-12
$$3.25
_
—
(s-a)
common
City Rapid Transit Co.—
7 %
preferred (accum.) _——
Union Manufacturing (quar.)—•
'
8% \
(quar.)
12-30
;; ;
(quar.)—
(Pittsburgh)
of Canada
United Fruit Co.—_—____—
12-15
1-.2
$1.31 V*
;-c"
preferred
Rapid Electrotype Co.
.
12-20
5%
12-16
%C
common_______:
12-15
S5r
8
12-11
—
—
U/S. & International Securities—
62
(year-end)____.
12-29
,50c'
8
12-
12-20
11-30
$1.50
Employees Corp.,
12-21
Sl>
$1.75'jgf
'
12-
12-20
6c
United Artists Theatre
12-16
1-
$L50 1
.
■
preferred
Products
12-30
common———
————
Co.
2
12-12
12-21,/;
'
(year-end)
12-20
1-
12-20
25c
.
•
(quar.)
Worcester
2
$1.25
-
Refineries ra_————
Telegraph
-
.
common
Pulp & Timber Co.,
1-15
—*—r——•
Monongahela West Penn Public
77o preferred (quar.)——
.
Co.
8%
Co.
35C
J-,
prefeired! (quar.)——.—"~—
Manufacturing, 1st pfd
——
Montreal
E.)
$6.25
__
(year-end)
(quar.)
pfd.,,(quar.)
Oil Co.——
12-22."
12-29
$1
(year-end)
Manufacturing (extra)
conertible
65»
12-30
$1.
Convertible
Mission
Inc.,
50c
Steel Products Co.,
.12-15
.$1
■
(quar.)
Puget Sound
Railroad
25c
27 VaC
12-15
12-15
$3
(quar.)
Purcolator
37 %c
York (quar.)
-—
2
12-18
preferred
8%
1-
12-18
(y'qar-enduif—-
.
Co.
Gamble,
12-26
Meyer-Blanke ;Co., common
7% preferred (quar.)
Michigan Cities Natural Gas Co,i (s-a).——_
Michigan Seamless Tube Co. (quar.)—
Middle States Petroleum Corp,u;c,lass A-rMidland
12-21
•
stock.
common
75c
—
preferred
Merchants Bank of New
•
1-15
1-
12-16
3
25c
——
United Milk Products
$4
:
Stock
(G.
12-11
i
Inc./com.
(quar.)
12-
40C'
(s-a).:_/;_/_ZiU'_____/_////';':-'
Manufacturing
12-21
———
Mercantile Stores Co.,
77o
12-20
$1.25
1-
12-27
(quar.)
Products
5'/c
(year-end)
Cordage
Employees
37 y2 c
SVz'A conv. pfd.—
.—
•
25c
Electric Co. (extra)—
(A. G.) & Co
Year-end
Plymouth
12-30
x
21/2%
Clock
McGraw
12- 8 ' /
1-15
25c
(initial) —
Co. (stock dividend)——
& Electric (Del.), cl. A (quar.)
Valve Mfg.,
•':
75C.
•
of
Milis,
Gas
Coal
12-18
—
Manufacturing Co. (year-end) —
Mahoning Coal RR. Co., common--——- ;
5% preferred
is-a)—
—
Lux
8
12-29
;
15c
(quar.)———.———js-/Louisville Gas & Electric Co. -(Ky.), com...
5% cumul. pfd. ($25 par) (quar.)___i—__
*5% preferred ($100 par) (quar.f—
Ludlow
Pittsfield
50c
B
Class
11-28
12-30
8c
-
12-30
Twin
12-30
12-18
$1.50
com.
Corp., new
Stores
preferred-,
12-27
75c
Lerner
Fashion
Full
6%'f
',-
$7
—
12-15
$50c
Tri-continental
preferred stock
cum.
Package
Exploration Co.
$1.50
inc.—
(quar.)
Leighton Industries
12-29
12-11
10c
:
5%
shares
—
Allied
12,-11
'/50c
common——
Paper
"12- 8
University, 7 % pfd.—
preferred
12-20
1-15
$1.25
Inc.,
new
60
40c
•
Langendorf United Bakeries,
Class. A (quar.)—
—
6%
12-20
Pilot
12-20
1-2
$1
:
conv.
12-22
12-23
i5c
-
'
'
Kresge
La
1-2
25c
Co.,
One share of
'
4</c
12-26
$1.50
(N. Y.)
dividend
2
60c
12-21
12-28
20c
(year-end) —
Toledo Edison Co., 5% preferred (monthly)
V 6 % preferred (monthly)
7"U
preferred (monthly)-——
Toledo Shipbuilding Co. (year-end)—
Toronto Mortgage Co. (quar.)__—
—
'
$1.75
/'Philadelphia Suburban Transportation— / , /
5'"r; preferred (quar.)
1
Phillips Packing Co., 5%% preferred (quar.)
12-27
.1-
37y2c
12-15
&
$1.25
(extra)—
Peoples, Telephone Corp. (quar.)_
"Philadelphia Dairy Products Co., Inc.—
; / $6
prior; preferred-.
'40c
37 %c
V
•••••:
1-10
-
4 3 3A c
(s-a)
12-15
(year-end)_l__
$5 preferred
(quar.)
Peoples Industrial Bank
12-18
;'c'
1
iquar.).
—
—.V,
Kelsey-Hayes Wheel -Co., class B tquar.);
$1.50 preferred class A (quar.)—— ;
Kirsch Co„ $1.50 preferred (quar.)——.
Kittanning Telephone Co.—
.
i2f- 5
i: 12v2c
$1.75
,1-10
12-21
$50c
112-21
(quar.)_____________________"
Common
-,
5
?
preferred
Knott
Co.
(year-end)
Assurance Co.
Tobacco
.
5
9-15
15c
Gas & Electric Co.* $6 pfd. (quar.)
preferred (quar.)——L.¬
Natural Gas, com. (incr.)
12-12
1-25
1-10
$2.70
■
Inc.
Drug,
$1.50
•/Patino Mines & Enterprises____-_/___i;V___
Pennsylvania Co. for Insurances on Lives &
Granting Annuities (Philadelphia) (quar.)
Pennsylvania Industries, Inc.—
:
/ I. // (.
$6 preferred (accum.)
Pennsylvania Water & Power Co.—
«
/
.3- 5
6-15
15c
Kansas-Nebraska
.$5
/
12,-20
2;
•-'/ 15c ;V
—-
Kansas
-1%
12-20
.
:
————
—...
i-
„
12-22
25c
—
87 %c
(quar.)
.
_———
—
1- 2
,3
12-11
12-21/
50c
preferred (quar.)—.—
———
Kalamazoo Vegetable Parchment Co.—
.Common
(quar.) —
r—
Common
12-22
;7;'.;v-'25c
common
5'if"
■
,12-21
2
Park
'•
12-20
1-
50c '
12-12
1-
12-18
12-18
25c
$1.50 preferred B (s-a)
Textron, Inc., $2.50 prior preferred
Tintic Standard Mining Co
12-12
5
t- 2
;
:/>• 25c
(quar.)
Pacific
.
12-29
$1.50
50.-'
lr 2
;
1-31
:l
12-12
50c
12-15
„
12-18
12-28
12-28
50c
Extra
12-12
(s-a)
12-28,.
12-28
$1.75
12-20
2
$1.75
'
Ordinary
2
/Pacific Gas &■ Electric (quar.)
12-15
12-28
ioc ;> 12-29
'•■'.r
(year-end).—_
Mills, 77c preferred A (accum.)
& Kokenge Co. (year-end)—
1-
12-28
$10c.
Superior Portland Cement, Inc.—
$3.30 class A (quar.)—
12-15
'
Greyhound Lines, common (irreg.)_
,$3yz convertible preferred
(quar.)
Pacific Lighting Corp., $5 preferred (quar.)
Pacific Tel. & Tel Co., common
(year-end)
6$ 'preferred (quar.)
'
Co.
B.)
12-10
$1.75
Spring
:
—Investm't Corp. (Boston, Mass.)
Supertest Petroleum Corp.,
$1.20
______
'———————
—
(W.
Jarvis
12-30
12-10
12-15
$1.50
:
—
12-12
1-15/;
12-15"
$1.50
Wells
Sun Life
•
8
12-23
ri-
>
'
.
12-12
12-27
5
$10c
Stock dividend
$15
.
Manufacturing Co.
Atlantic Telegraph
12-
12-29
$5
30c
.
12-23
$18
■■'Extra .4----..+.+.-
&
/ ioc
12-13
$4
(irreg.)—
Extra
Sun
12-20
2
1-2
75c
Pacific
Co.
,1-
$1.25
Ontario
:■
;;;
$1.75
12-15
12-23
$2
$1.25
1-15
(accum.)
—
81V4C
6%% preferred B (accum.)——
87 V2C
T,i preferred A (accum.)
——
IV'7 15C
Irving Trust Co. (New York) (quar.)——
•
$1.37V2
:
,$25C
;7-: .77c
: 75c
12-13
1-. 2
.
$1.50
Stayton Oil -(quar.) —_1_———;
Steel Products Engineering Co.—;—:
——
Stix Baer & Fuller Co., Vfc pfd. (quar.) —-
12-20
2
12-23
.
Steel
Street
12-
■
$1.25
12-12
2 V2C
(quar.)
12-20
650
Year-end
12-20
2
5
12-5
Co.—i
(quar.)
Struthers
12-12
preferred
C
6%
12-27
1-
Oliver
12-16
1-15,
/
Electric
Radio, .Ltd., class A. (quar.)
Standard
State
50c
12-23
——
5
preferred
/12-23
12-26
$5 pfd. (accum.).
25C
Interstate Department Stores
;
—
V"--' 25c
Investment Co. of America (quar.)
,—
Interstate Bakeries Corp.
2-
Co.—
Worcester RR.
&
Service
Class B
—7
'
75c
2-1
50c
;
12.-14
3-12
1-
2^15
12-
$L75
England Telephone Co. (quar.) ;
Standard Products Co.
"
$1.75
Extra-,
Corp./ 4% % conv. pfd. (initial)
Omar, ( Inc., common
/■/
6% preferred (quar.) ______________
87V2C
pfd. (quar.)
International Utilities Corp., $3.50
'12-26
$1.50
I
12-20
25c
.
$1.50
_______
2
3-
12-20
25c;
■
12-22
65c
(quar.)
preferred (quar.)________
Telegraph Co, (s-a)
"1-
12-15
'
$1.25
'
1-15
;
:
_____
Power
Standard
25c
Gas
Northwestern Electric,
2
12-15
50c
—
11-30
:
Northwestern
12-31
12-26
$$4
Machine-
Co., 5% preferred—./
International Power Co., Ltd.—
7'/■'
Liberties
1-
1-15
1-2
35c
_____—.___.—r
Standard-Coosa-Thatcher Co.
12-10
'
$$1
Paper
International
Northern
'Year-end
12-15 :/
12-15
2.;
60c
Corp.North & Judd Mfg. Co.
r
1-
•
12-29
2-15
$1.50 *
.
>
75c
Electric
Noma
(quar.)
Novadel-Agene Corp. (quar.)—
Novadel Lighting, $5 preferred (quar.) _____
Ohio Public Service Co., 5% pfd. (quar.)__
5 V2 'A
preferred
(quar.)_
6%
preferred (quar.)—
7% preferred
(quar.)
i
Ohio Service Holding Corp., 5% pfd. (quar.)
Ohio Water Service Co., class A
Old Colony Insurance Co. (Boston, Mass.)—
Quarterly
10c
12-13
150c
Norwich &
ioc
12-22
$1.75
(quar.)
Bridge
2-15
$1
(resumed)
Co.,"partic. ctfs. (irreg.)
SpragUe WamerrKenny, preferred (quar.)
Springfield City Water Co.—
6 '}e> preferred C (quar.)
7% ' preferred class A (quar.)
t
7% "preferred B (quar.)—
:
12-22
2
12-12
Inc.—-
Co.,
Southwest
.2'
12-22
25c
,
——
Bag" & Paper
Southern/Berkshire
12-20
—
preferred ,(quar.)
Advance
12.-15
1-
12-22
—L :
(s-a)_
12-27
$1.50
—
Southwest Ice & Dairy Products Co.
1-
2
75c
preferred .equar.)
Southern New
12-30
(quar.)
Light, $6 pfd.
12-30*
2 V2C
8 %
preferred (s-a.)
International Button-Hole Sewing
:u
12-30*
Inc. (year-end)
Ltd. (s-a)
Intercolonial Coal,
(year-end)
f
Southern
•*
12-27
12-22
1-
for
Lines, Inc. (initial) "
12-15
/'
12-13'
2
35c
(increased).—_
preferred
coav.
.12-21
■
2
12-23-
1-
—
preferred
conv.
Telfephonep'common (s-a)
12.-21
$1.50
.
1-15
Extra';—
Interbanc.Investors,
35c
.
1-
(stock dividend)
12-27'
•
$1.183/4
1-15
(Md.) (s-a)
Inc.
Certificates,
Inc., com._
Co.,
5oc
;r
:
Insuianshares
(quar.)
$1.25
f
—
Service
Niagara Lower Arch
7'/a
—
v
!
.12-12::
/ 1- 2
$1
'I $1.75
2
12-20
4c
12-15
„
1-
$2.50
Southern. Acid & Sulphur Co./ Inc., common
,
12-20
■
12-23
/50c.
(accum.)
1
12-20
'
(quar.)__^____j__/__,
"New York Power &
'
.
;'-t-
$2
15c/
12-23
25c
6%
12-30.
-7%
all, arrears.
2
shares of common held——
Corp:
Southeastern.
12-15
$82
Oil
12-15
\
,
12-19
12-15
1-
5c
n--—+.---
Southeastern Greyhound
.
12.-18
2
1-
$1.25
15c
Sorg Paper Co., i.6% class' B (accum.)
6% .preferred class A (accum.)—
12-18-
75c
Co.
12-18
,
12-21
$1.37%"
(quar.)_:
5Va%
of
share
; Sinclair
New York & Honduras Rosario Mining Co.—
,
9
12-22
1-311
Public
preferred
.
1-2
$1.75
25c
New Process
12-27
26c
_
preferred-———-—
Association
each five
/
12-13*
^
Co.
(year-end)
———:
■-.$1.75
(yeeur-end)
Power Assn., $2 pfd.
New Orleans
12-20
12-20
45C
,
Institutional Securities, Ltd.—
Insurance
Special:
Sburon Optical
Simplicity Pattern Co.
12-21
Extra
..
Investors,
Shawmut
One
(quar.)-_—
Northern RR.
12-15
5c
Shaw-Walker, 5%
12-21
2
preferred (accum-.)
.
New London
'
(quar.) —__
12-18
/
50c ;12-29
Independent Pneumatic" Tool Co
_______
1-2 /, ,12- 7
Indiana General Service, 6% pfd. (quar.)__ K, :: $1.50
Industrial Acceptance Corp.—
/V"//
; 7
12-12
50c '1. 12-30
$2 non-cum. xlasa.A_
12-12
12-30
$1.25
5% conv. preferred (quar.)---™--./
12-19
12-28
50C
Industrial Rayon Corp., common (quar.) —
12-19
12-30
$1.25
$4.50 preferred class A
—.
12-15
1 Income Foundation Fund
/■':■ -6 fa
12-20
————
l'Ac
.
X- 1
Extra
12-22
1-
!
.Machine Co.
New England
12-16
1-2
+50c
•
Inland
12-21
50c
Co,_i_—_
&
Inc.
______
2
1-
12-21
_________________
The above payment clears
.
(
Shares,
.V.l- 2
2
_
.
12-15
_________
1-
,
(year-eqd)
Power & Xight,
American
Industries, Inc., $5.50 pfd. (quar.)_
Stores, 5(4'prexerred (quar.)
Shamrock Oil '& Gas Corp. (quar.)
$1.75
j
*
;
,
;
12-29
$1,
(year-end)
&, Stamping
X- 2
620
Selected
12-11
$1.25
.
—
u12-19
$1.183/4,
pfd. (quar.)__
$6 preferred (quar.)^_______„__
•National Refining,' 8% -preferred
(accum.)
12-11
12-30
35c
$1.12%
■
(interim)
Selected
40c
(quar.)
(quar.)
National Investors
12-20
35c
i''
B
12-12
Snafier
2nd preferred (quar.)
/v/7%
12-22
i$ls
.//■
i 10c
^(year-end)
12-26
■; 37 %c
:
.$1.50 conv. preferred -(quar.)-————
12-18,
V
V Howe Scale Co. (reduced)
12-23
25c
Howe Sound 'Co.* (quar.)i/^i— ;i—
12-31
20c
Humphreys Mfr. ;Co.v common (year-end)___
12-31
$1.50
6% preferred (quar.)
1- 1
15c
..Hunter Mfg. Co., preferred ts-a)'__-_-___™
1- 2
J. 50c '■
1: Hunts Ltd., class A (interim)
Class
12-23
1-
$2
50c
Share Corp.
&
12-23
•7/'
—_
Common
.*
2
12-20
$1.75
(quar.)
/National Bronze & Aluminum Foundry— /
// 'Year-end
-•
-vNational Candy Cp., Inc., common (quar.)^_
•;
12-6
$i
iquar.)tU'
Houston Natural. Gas, common (year-end) —
"15Vc /preferred ''v(quar.|^J—
Houston Oil Field-Material Go ./Inc.—
"
2
12-12
'
National Bond
•
common
12-27
50c :•
Rapid; ?Tr.ansit^_3;-L:_Lr^L_i-____—-
,'. Honolulu
•
12-18
1-18
40c
12-22
'
(initial)
Class 'A,
.
9
12-18*
__
Honeymead Products <quar.)
;
preferred -(quar.)___________________
Twist Drill & Mfg
;
Vernon-WoGdberry Mills, Inc.—
7% preferred (accum.)
;
Munsinger, Inc. (year-end)
Murphy (G. C.) Co., 4% % preferred (quar.)
Nashua Manufacturing Co., $5 1st pfd. (quar.)
2
50c 5.
(initial)
& Co., common
(Henry)
7%
2
25d
$+.__■
'-
Mount
'
1-
12-20
conv.-
Holt
12-
12-30
.
Morse
12-30
1-
y.
Hathaway Bakeries, Inc.—
"$7
of Rea,
Payable
Share
.
Seiberling Rubber Co., common
$2.50 conv. prior preference (quar.)——
12-22
Inc.—
Consolidated,
Cafeterias
Morrison
12-15
2
,' .1- 2>
30c
__
v; - • , ;
preferred (accum.)
___
Healey Petroleum -Corp. (year-end)
Hollingsworth & Whitney Co. (year-end)
1-15
i—
$8
—i—:
-Extra
,
$10
Co.,
.Harding Carpets, Ltd. (s-a)___:
Hart, bchaffner & Marx__-/__.-________-_.>
Hartford Fire Insurance Co. (Hartford, Conn.)
:
12-20
12-30
50c
(s-a)_„_____»
Extra
12-20
12-30
.
50c
(year-end)
preferred——.——
Guenther Publishing Co. (year-end)________
Halifax Insurance Co. (Nova Scotia)Hanover
12-30
24c
Morris Plan Bank of Virginia
'
12-20
12-30-
SVAc
//i--/-
Sugar
Guantanamo
Name of Company
*4' *****,
Bolderi
When
Per
Holders
w»
_
50c
.
Griess-Pfleger"Tanning
P Uj,
&/.are
'
Participating
.
of Company
When
Per
.
Name
of Rec,
Payable
Share
partic. pfd. (quar.)
Greenwich Gas Co., $1.25
Holders
When
Per
Name
2693
THE COMMERCIAL' S FINANCIAL CHRONICLE
[Volume 160; Number 4343-
.
37 %c
10c
1-
'
~*rr«rs?-r'~rrr"
mm-.*.
THE COMMERCIAL & FINANCIAL
2694
1
■'
Per
■
.
Name i>1 Company
When
of Rec.
1-
2
2
1-
2
12-15
1-
2
12-20
12-29
12-22
11-14
11-14
Babcock
12-
8
Bangor & Aroostook RR., 5%
12-
8
12-
1
Bangor Hydro-Electric Co.,
6% preferred (quar.)
'
Electric
Co., gtd. (s-a) —
Equipment Co. (quar.)
&
Alles
^
&
Fisher,
Inc
i
:
Allied
Allied
Products
(quar.)
Corp.
Extra
Class
(quar.).
.
Corp.,
common
lr20
Bank
American
Note,
Class B
7%
...
12-
6
1-
1
2-
1
1-
2
preferred (quar.)—
7%
Co.,
(optional div. series) of 1936.
"
Optional div. of ^th share of class B ,v; :
4
stock
68%c in cash
or
2
12-22
12-
1-
12-12
2
2
12-i" 5
12-
6*
12-
6*
1-
1
2
12-14*
12-31
'12-15
1-
2
12-11
9
12-
6% pfd. (quar.)..
$1.50
Cynamid, com. (increased quar.).
25c
Special ——......—-—— ■:
75c
5% preferred (quar.)
12y2c
American Felt Co., 6% preferred
(quar.)—
$1.50
American Fork & Hoe, 4y2% pfd.
(quar.).. $1.12Vi
$6
Gas
Hair
American
Felt,
1
2
12-
1
12-15
1-15
12-30
1-
5
12-18
I2V2C
1-
12-27
12- 8
12-
2
12-20
25c
1-
2
—_r._.
2
12-20
1-
2
Extra
Machine
'..Extra
Co,,
Public
Service
American Rolling
American Service
(quar.).—.
(year-end)—
common
——......
(annual)
Co. (year-end)
preferred (quar.)
6%
Snuff Co.,
preferred
(reduced)
common
(quar.)— —
American Stamping
(year-end) __——
(Indianapolis)—•'
Co.
6%
8*
9
12-22
1-15"
12-12
1-
3
12-19
12-20
1-
2
12-20
12-12
Sugar Refining,
Superpower,
American Surety
American Telephone
Thread
American
American
$6
(s-a)_—
12-28
25c
12-20
11-24
12-
5
1-15
12-22
12-15
12-
8
common...
—
Wire
Copper
—
&
Cable
6%
preferred
Armour
12-26
12-
6
8
1-
2
12-14
1-
2
12-14
12-30
12-
9
,
12-15
2
12-
9
$1.75
$1
$1.25
$2.25
12V2c
$1.50
2
12-
5*
1-10
12-29
1-
12-
2
1
1-15
12-15
1- 2
11-30*
1-
2
12- 9
1-
2
12-16
12-30
12-11
10c
3-31
3-12
$1.50
10c
(s-a)—
—.—..
(quar.)—.
Co.,
& Co.,
$6 conv. prior pfd. (quar.).
(year-end)—_
$5 preferred
Corp—_—
;
(year-end)
5
12-
8
12-20
12-27
12- 4
12-27
12-15
12-27
12-15
$1
common..
12-
12-18
5%
25c
$1.75
—
common
12-20
25c
—
Arrow-Hart & Hegeman Elec. Co.
12-22
12-15
$3
$1.25
$1.50
50c
12V2C
$1
15c"
12-
5
12-22
12-15
1-2
12-15
1-1
12-12
12-22
12-
5
12-19
12-
9
12-18
12-
9
Metal
Works
Asbestos Corp. Ltd.
Extra
Ashland
&
Associated Tel. & Tel..
$7
preferred
5%
preferred
(accUm.)
$6 pfd.
(accum.)
Associates Investment Co.,
(quar.)—
—
i
(quar.).
common
(quar.)
Astor Financial Corp.,
75c
1st pfd. (s-a)
8
8
12-30
11-30
12-30
11-30
10c
12-18
12-11
$1.32
$1.54
12-22
11-22
12-22
50c
12-30
$1.25
37V2C
*
Refining, common
.
12-
JlOc
(quarj
—
Oil
.—.
12-
t20c
(quar.).
12-18
12-18
Art
5%
(quar.)
non-cumul. pfd.
—
Atlanta
7%
12-30
12-
4
12-20
12-
4
12-
?
9
12-30;-:
12-15
1-*
1-19
2-
Extra
Chesebrough
V;!
12-
id--'
1
12-11
12-29
2
12-27
pfd.
(quar.)——
——
(reduced)
8%
preferred (quar.)
Avery (B. F.) & Sons, 6% preferred (quar.)
Aviation Corporation (year-end)
$2.50
$1
25c
10c
20c
37V2C
10c
2
12-12
1
1-
5
12-23
12-
1
2-
Oil
9
Chiksan
6%
$1.25
$40c
$25c
$1
-
Paper (quar.)
——
$2 pfd. A (irregular).
12-29
12-19
12-23
12-1
15c
12-23
12-
y,' $5
12-30
—
12-
1
I-
$5
12-30
12-
1
50c
12-27
12-11
—
75c
12-27
12-11
25c
12-28
12-15
1-15-45
2
12-15
5%
12-30
12-14
5%
y 1-
12-30
$4
12-18
3-1-45
2-15
6-1-45
5-15
(quar.)
$1.25
$1.25
$1.25
9-1-45
8-15
(quar.)
$1.25 12-1-45
11-15
1- 2
12-16
(year-end)
7%
Co.,
pfd.
<quar.)_
Advertising Products, common
pfd. A (quar.)
preferred
preferred
preferred
preferred
5%
12-14
12-29
12-15
12-23
1-
5%
2
(quar.)
(quar.)
—
—
—
-
——■——'
(quar,),—
——
—
(quar.)
Canadian Foreign Investment Corp., Ltd.
Canadian General Electric Co. (quar.)——
Indemnity
Malartic Gold
Canadian
Oil
Co.
(s-a)
Mines
—
(s-a)
——
Cos., 8%
pfd. (quar.)
Canadian Shipbuilding & Engineering—
Class
A
(initial)
Class
B
(initial)-
6
12-19
(N. Y.)
5c
(extra)
$4.50 preferred
2
(quar.)
Cleveland Hobbing Machine Co. (quar.)
Cleveland Worsted Mills Co. (year-end)
Climax Molybdenum
12-20
1-
2
12-20
1-
2
12-20
12-18
11-30
$5c
12-26
12-18
V:
2
12-26
Year-end
1-
2
12-
1
12-20
1-
5
12-
7%
9
1-
2
1-
2
12-21
2
12-15
1- 2
12-22
1-
1-
2
8%
preferred
Commercial
4(4 %
Credit
Co.,
preferred
8
1- 2
$1.06y*
$5c
$10c
12-30
1-15
1-15
12-27
12-27
(quar.)
(quar.)
50c
50c
5%
12-15*
$6
9
9
-t
after
11-24
date
of
12-
12-21
12- 4
12-31
12-15
1-
2
12-11
(quar.)
$1.50
1-
2
12-16
(quar.)_
$1.75
1- 2
12-16
$$1.50
12-31
12-25
$4c
12-21
11-10
90C
1-2
Commonwealth Water & Light Co.—
12-
12-
$6 preferred
1
9
$7 preferred
12-20
Confederation
12-15
Life
V2% pfd. (quar.)
Assurance
(Toronto)—
Quarterly
12r. 6
12-13
Ltd. (s-a)
Coniarum Mines.
Connecticut Light & Power, com.
1-10
1-10
Consolidated
-'
Biscuit
Extra
(year-end)
12-15
12-15
'$8c
1-
2
12-15
12-12
12-15
$30c
1- 2
12-
1
$30c
1-
12-
1
1- 2
preferred
(quar.)—
12-
$5
preferred
(quar.)
1-
2
12-20
Canadian Silk Products $1.50 class A (quar.)"
$37yac
1-
2
12-1
12-11
Canadian Westinghouse
(quar.)—
$50c
1-
1
12-15
1
12-29
' "
1-2
1- 2
1- 2
12-
6
12-15
12-15
12-15
$50c
$75c
50c
$15c
1-15
1-15
12-20
12-12
(extra)—
—
(quar.)——,——
Ltd., com. (yr. end)
25c
preferred (quar.)—
—
$2,50 pfd. (quar.)
(Toronto, Ont.) (quar.)Consumers Power Co., $4.50 preferred (quar.)
43%c
Canada
Ltd.
(s«a)_.
Consolidated Steel Corp..
2
2-
12-27
12-13
12-20
12-15'
12-11
12-13
Consolidated Press
12-15.
12-15
12-26
——--—i——
—„—
Mining & Smelting Co.
11-10
2*
$1.25
12-15
2
50c
Extra
Consolidated
1
.
y
1-
12-20
12-26
Consolidated
■
12-29
l°c
30c
12-15
.1-
.
——
——
12-20
It.
12-15
.
2
■
12-30
.
12-21
■
1-15
12*29
$1.18%
„
_——-————
—
Paper
Co.
Ltd.
Consolidation Coal.
Consumers Gas Co.
$5
preferred
>
pf
——-——-
Extra
$1.75
$2Gc
1
$1
preferred
2
2
12-
Industries-—.
■
/
25c
(accum.)——
Consolidated Gas. Elec.; Lt. & Pow, (Bait.)-—-fI'y,
Common
(quar.)
—J—
90c
4y2% preferred series B (quar.)——
,",$1.12%
4% preferred series C (quar.)——--——
$1
Consolidated Investment Trust (Boston)—
$2
1-
1-
1
12-23
50c
—
r———
Consolidated Film
1-
$$2
(quar.)
Corp. (year-end)
Consolidated Edison Co. of New York—
12-20
11-30
1
12-
50c
$4.75
Co. Inc.
Consolidated Coppermines
Quarterly
1-2-45
5
12-
12-23
IOC
—
———
1-
12-
IOC
(quar.)—
Co.
2
$20c
Canada Ltd
of
Consolidated Bakeries
12-15
$2c
8
$1.37%
Commonwealth Water Co., 5
2
1
6
12-8
$1.25
order)
such
12-12
12-12
1* 2
1-
9*
$1.25
1-
$$2
$62V2C
$50c
$$2
$$4
12-
5c
preferred (quar.)
Consolidated Car Heating
2
5
1
12-
Consolidated Cigar Corp., common————
'
I-
preferred (payment is proposed to be
made 28 days after thp date of the SEC
order to the holders of preferred stock
at
the
close of business on 14th day
12-15
$25c
5
12-22
%
(Del.)
Co.
1
;-.
12-
12-
(Indianapolis, Ind.)
2
$25c
12-30
12-22
(s-a)
1-
•
5
12-30
Commonwealth & Southern Corp.—
12-15
>.
-
12-
12-20
20c
—
Corp.
2-
.
12-22
30c
——
Year-end
1-10
1-2
12-15
15c
Year-end*
Commercial Solvents
Commonwealth Loan Co.
12-
2
"$1.75
com.
Commonwealth Investment
12-
1-
50c
quarterly
Commercial Shearing & Stamping Co.—
12-
9
12-11
12-
$1.06(4
12-21
12-
«
12-11
12-11
1-15
(year-end)—
common
1-
2
12-20
12-
12-18
12-23
(quar.)
12-12
1-
12-19
11-20
12-11
$1.75
Reduced
12-22
6
50c
12-15
12-11
Commercial Investment Trust Corp.—
12-21
2
12-19
...
(quar.)—
(quar.)
Alcohols, Ltd.,
preferred (quar.)
1- 2
12-20
20c
1
preferred
12-21
■>:
12-30
—75c
7% pfd.
Commercial
12-11
12-15
: 10c
$1.50
30c
$1,12%
—
(quar.)
Peabody & Co., common
$4.25
-
12-20
12-26
1- 1
12-27
12-20
12-19
50c
(quar.)
Colgate-Palmolive-Peet Co.—
12- 8
1-2-45
Chemical
Clorox
I'/aC
,
—
——
Clinton Water Works Co.,
.
Cluett
12-11
:
Extra
12-15
1-11
1-
1-
—
12-12
2-14
$3Qc
—
Co., Ltd.
12-'
1- 1
*12-20
$1.37y2
(initial quar.)
preferred
non-cum.
2-28-45
12-23
—
12-15
City Investing Co.—
City Title Insurance Co.
(Winnipeg,
Products, Ltd.
Canadian
5
9
12-11
Clayton Silver Mines.
Cleveland Electric Illuminating Co., common
7%
(s-a)
12-
I- 2
1- 2
12-30
' $53c
1
Food
12-
12-20
12-30
$1.75
$$1.25
$20c
$25c
$5c
$15c
.
(quar.)—
Extra
Canadian
1- 2
85c
—
12-23
$1.32
(quar.)
Co.
12-23
(Washington, Pa.)—
(quar.)_.
1-15
$15c
35c
31(40
31V4C
25c
convertible preferred (quar.)—
Participating
■___^^
Canadian Car & Foundry—
.
.
•-—
7% participating preference (quar.)_i'.^_
Canadian Celanese Ltd., common (quar.)—
(quar.)
2
30c
preferred
yy 1-15
12-20
Insurance
1-
75c
7%
12-20
$15c
50c
60c
Fire
12-20
Citizens Wholesale Supply Co., 6% pfd. (quar.)
6
5'/2%
Co.
preferred
7
12-10
(quar.)
Securities
Common
—
6%
6
12-20
—
Cincinnati Gas & Electric, 5%
(quar.)———
50c
1- 2
Camden & Burlington County Ry. (s-a)
75c
1- 2
Canada Bread, 5% class B (quar.)—«——
$62y2c
1- 2
6% 1st preference (quar.)_
———,
$$1.50
Canada Cement Co., Ltd.—
12-20
6V2% preferred (accum.)„
—$$1.25
12-27
Canada Cycle & Motor Co., Ltd., common—
32c
12-27
5%
1st, preference (quar.)_
—
$1.25
Canada Crushed Stone, Ltd. (interim)——
$10e: .12-20
Canada Machinery Corp. Ltd. (s-a)—.——
$50c \ : 12-27
Canada Northern Power, common (quar.)—
$15c ,■< 1-25
1- 2
Canada Permanent Mortgage Corp. (quar.)_
$$2
1- 2
Canada Steamship Lines, Ltd., 5% pref
•
$$1.25
1-1-45
Canadian Breweries, $3.40 conv. pfd. (quar.) • $85c
2- 1
Canadian. Bronze, Ltd., common. (quar.K-.—■
$37y2e
-2-1
Extra
$50c
Canadian
7
9-
Cincinnati New Orl. & Texas Pac. Ry. Co.—
20c
-
preferred class B (quar.)
—.
(P. H,) Co., common (year-end)——
convertible preferred (quar.)——
5% convertible preferred B (quar.)
Butte Copper & Zinc Co. (year-end).——
California Electric Power 5JA% pfd. (quar.)
Ltd.,. common
7
36-
15c
$1
$1.75
5c
$1.25
common-
12-21
25c
$1.75
$5c
6%
preference
12-
25c 4-14-45
25C 7-14-45
12-21
> $1.25
:
5%
1st
12-11
62y2c
25c
12-20
(year
Participating
12-27
1
12-10
Co.,
preferred
Cincinnati
1-
—:—
(quar.)_
Ltd.. common
12-20
s
(initial)
1
1-
$1.50
$1.25
,
Corp.
Canners;
12-13
2
15c
62y2C
«
1-15
Co.—
(year-end)—...—
Building Products, Ltd. (quar.)—
Bulova Watch Co., Inc. (quar.) ——
preferred
i-
12-20
Copper Co.
Christiana
Corp.—:
$5 preferred .(quar.) ——
Bucyrus-Erie Co., common (year-end)———
7% preferred (quar.)—.—
Buffalo Ankerite Gold Mines, Ltd. (interim)
Bearer
shares
^
Ring Co.
12-23
y
2lhC
;;
•
National
*
;
y 12-31
$$1.50
(quar.)
Brunswick-Balk-Collender
11-24
City Ice & Fuel Co
(quar.)————...——
Columbia Power Corp. Ltd,—
Distillers
12-18
"y,: $3
.
-
Tool
12-20
Columbia Electric Power & Gas—
Pulp &
8
11-24
75c
Quarterly
Chile
8
12-
12-18
25C10-15-45
Quarterly
1
4
12-
12-26
$1
;
12-
4
12-15
50c
v
(quar.).,.
Quarterly
12-
12-15
12-26
Cotton
2
12-
a-
12-14
,
:
12-29
12-
.y
11-30
12-20
11-30
8
11-30
12-30
•
12-30
5
1-
'12-20
37y2c
Chickasha
12-27
11-30
>
;
$1.50 ". 1-1-45
Vs 75c
1- 2
12-14
4
12-
2
1- 2
2
12-20
■
12-20-;.,
68c
12-5
1-
1-
12-20
v
Citizens Water Co.
Canadian
1-
9
;
12-15
4
Canadian Cottons,
1
9''•■■■' y:
12-30
.
■
Chicago & Northwestern Ry., com.
5% preferred vtc., (year-end)
1-31
11-22
1-
9
12-
$3
2
1-
;
-
12-
$3C
Extra
,
12-29
12-
y
12-
$3.50
12-20
1-
w
9
1
Chicago Pneumatic Tool, common.—
$3 preferred (quar.).i——j._—.
$2.50 prior preferred (quar.)—
;
Chicago Times, Inc. (s-a)
;
12-18
12-
I
(quar.)——i
Manufacturing
Chicago Great Western Railway Co.—
5%
preferred (accum.)
Chicago Mail Order—
12-20
12-
1
•
Chicago Burlington & Quincy RR. (year-end)
Chicago Daily News, Inc., 5% pfd. (quar.)—,
;
12- 4
it
1-
.
1-
—
Co.—
———„-v—«
Extra
12-
2-
(quar.)
(accum.),.—
.$6 prior lien preferred-(accum)—
Central Vermont Public Service—^yCy"-:.. v
4.15%
preferred
(initial)
,
12-30
1-26
Patricia Gold Mines
12-
(quar.).
preferred (accum.)
(quar.)——
5%
:
12-18
12-20
(12-29 ,'v; yt
1-15
i-
?$7, prior lien preferred
Products, $1.50 preferred (s-a)
Champion Paper & Fibre, 6% pfd. (quar.)i_
Chesapeake &. Ohio Ry. Co. (quar.)
V
12-
■
15C
Chain. Store
iv
'y
i-,i
Inc.-—.———i.,.,
12-15
;—
;
Brown Fence & Wire,
8%
1- 2
1--2
:
"
12-23
12-31
preferred (quar.)——$$1.75
Funding rights (year-end)—
— wyi—•'
$$1 J J-15-45
1-31
Canadian Converters (quar.)—
$75c
$1.50
(s-a)
—
Atlas Imperial JDiesel Engine
Oil Co., common
11-30
12-12
$2.50
$3.50
...
pfd.
5%
Autoline
2
1-15
1■
12-12
2
Co.
12-15
Canadian
:
12-13
...
■
$1.50
'■/,
2
California Ink
12-13..
$1.75
—
Central & South West Utilities
•
12-21
3-
62yac
'
11-30
1-10
Birmingham & Coast RR.—
preferred (s-a)
Atlantic Refining Co., 4%
5
„
...
»
$1.50
preferred (quar.)
preferred (quar.)——
preferred (quar.)
jl
Central Paper
••
8
12-
12-31
4
2
.v. $1;;.
1-
Manitoba)
(s-a)
Athol Manufacturing Co.,
12-
12-31
Atchison Topeka & Santa Fe Ry.—
Common
\.7%
Central
1-2
12-20
8
6 %:
•$6
-
.
1-2-45
.
.-1-.2
$1
$1
Edison
Constable
12-15
end)J——12V2c
Burdine's Inc., $2.80 preferred (quar.)—
70c
Burlington Steel (quar.)......_i__—
15c
Bush Terminals Bldgs., 7fo pfd. (accum.)—
75c
Bush Terminal Co., 6% pfd. (quar.)
$1.50
Business Systems, Ltd., common (quar.)
$$1
1-
Armstrong Cork Co., common
Arnold
2
Bunte
25c
Anglo-Iranian Gil Co., Ltd.—
Ordinary registered (interim)—...
Arizona
1-
6
1-
—
Mining—
Mills,
12-15
1-15
Butler
—4
Apex Electrical Manufacturing Co.,
7% prior preferred (quar.)
Arcade Cotton
2
6
2
(year-end)
Co.
12-11-.*
l-
,r
12-
12-
12- 2.,1.'
12-13
1-
$1.18
■
12-
12-
12-12
*12-31
2
$1.12%
12-15
12-22
12-22
'r
..
1-
■—
4l/2 % "pid. (quam
4%%,:pfd. (quar.)
Central Maine Power, 5 ^ preferred (quar.)_
12-11
12-22
12-27
50c
Central Kansas Pwr. Co.,
$25c
Bros.
12-12
2
$1.75
12-12
Piston
12-1-4
i-
12-iiw,.
2
1-10
1-
——
—:
Anaconda Copper Mining Co.
Andes
pfd.
5%
preferred
——
——
preferred
Burd
2
Y.)
2
$6
11-30
-
(N.
2
Buffalo
50c
$1.5037'Ac
(quar.)
Metal, Inc.,
Anaconda
....
(quar.)
(s-a)
(quar.)
Electric Co., Inc.,
Inc.,
6%
Water Works &
preferred
Common
pfd. (quar.).
pfd; (accum.)
7%
1st
r
Co.
.1-
12-24
-
■
I
Central Illinois Light Co..
1-
12-27
$5 prior preferred
9
Quarterly
■
Trust
12-14
$1.18%
1-
Brown-Forman
12-12
12-19
2
$$1.75
1-
Brompton
12-12
1-
..V,-
50c
12-11
25c
& Telegraph
Co.
American"Tobacco,
Ampco
$6
(N. Y.)
Co.
;
1-2
■
$1.12%
$1.80
$1.73
$3
$3
25c
$1.75
———.
American
2 5-
12y2c
32J/2c
$2.50
$3.50
(initial)-.
(accum.)
(s-a)'—
12-20
12-
60c
25c
A
2
$1.75
—
Class
12-12
1-
$1.50
Cincinnati & Suburban Telephone Co. (quar.)
British
12-12
2
1-
;«;$1
———_
Central Hanover Bank &
,
12-22
V
35c
50c
British
2
12-29
15c
Manufacturing Co., Inc., common.—_
8*
30c
Co.
7.
37 Vic
■■■
Quarterly
American
Class A
Corp.,
1-
$2 y 12-19
V...U'.'
4
1-
:
: .si
Co, (quar,).
—
•
; v
12-15
50c
————.
$2 preferred class A (quar.)
British-American Oil Co. Ltd.
8*
American States Insurance
American Stores
2
1-
.
5c
Bridgeport Gas Light Co
Briggs Manufacturing Co.—
1212-
9
1-15,:,
t'<
1-
preferred
12-
1::"fe.fefe"fe;'.
(year-end)
(annual)
preferred, class A
1-30
*
,
(quar.)
—$$1.50
Bridgeport Brass Co., common (reduced) —
15c:
8xk%
preferred (quar.) ————————
$1.37V-i •
8%
12-28
10c
preferred
-
9
Brazilian Traction Light & Power—
12-28
Sanitary—
American Smelting & Refining
American
12-20
.
preferred
Co.,
2
$3.50
Co.—
Standard
Mill Co.—
convertible
7%
1-
12-
Corp. ■*—_——.
American Screw Co.
•12-23 "•
pfd.
conv.
-■
preferred
.
Brillo
12-20
12-28
.
American Republics
12-15
2
25c
40c
$1,25
(accum.)
&
8
1-
■' 25c
$1.75
Optical
Common
$3
12-27
12-
12-30
common
preferred
preferred
2
25c
25c
(quar.)
V
Ltd. - (yeai*-end)_.——"
Co. (increased quar.)
American President Lines,
5% pfd. (quar.).
$3
12-15*
1-
$1.75
American Metal Co.,
American
12- 9
12-
Co
.
12-15
(year-end)—
Cordage, new common
1st preferred
(quar.)
$1.30
7%
30c
.
American Radiator
.
12-20
1-
K1-
4¥2 %
—
Brandon
25c
Metals
&
if
American
7%
12-15*
——
common.j___—
Maize-Products
American
7%
12-2
;
.
..J——————:
(quar.)—
—
...
American
•
2
1-2
62V2C
(quar.)—50c
preferred
7%
12-
12-23
(monthly)..
of Illinois—*■
American Locomotive Co.,
3
12-23
;
'■
preferred (ivreg.)
(quar.)—
preferred
$2
12-21
'C:.1. ; 25c
20c
30c
$3
International Corp.——,;fe——20c
preferred
12-15
?
62-%c
:
(quarri-—
Brantford
12-20
.
American
5%
———
Products Corp.
American Investment Co.
12-15
7%
Corp.
Stores, Inc.,
Extra
12-20
1-
12-21
Extra
Oil
12-
—
7
2
$1.50
$1.50
1—
American Home
1-, i::.:
1-1
•
Chica
12-20
(quar.)—!
& Telegraph
Telephone
(J. W.)
Carthage Mills, Inc., 6% pfd. class A (quar.)
6preferred class B (quar.)^_-.-»^_—
(J. I.) Co., common (year-end)
7%
preferred (quar.)——
/.Cassidy's Ltd., 7% preferred (accum.)
Celanese Corp. of America, common (quar.)
■
$4.75 1st preferred (quar.)—„
V
;
•. 7.%.
2nd preferred (quar.)
—
1st preferred
American Ice, 6% non-cum.
12-15
•
(quar.)i$1.12,/2
Borden Co.
(year-end)-^
50c
Borg-Warner Corp. (quar.)
—.—
n 40c
Boston & Albany RR. Co
$2.25
Boston Elevated Ry.
(quar.)__„
$1.25
Boston Wharf Co.
(irregular)™:
$1.25
Bower Roller Bearing (year end)—.
—
$1
Brach (E. R.) & Sons__
37Vic
1-
common——
(quar.)
\ $6 2nd preferred (quar.)
American Hardware
(quar.)..
Bethlehem Steel Corp.
Bond
,9
50c
Case
12-30.;
Bolsa
$1.18%
Extra
6%
12-30
(quar.)
preferred
9
12-
$1.50
•>:
12-6
12-31
—.i-f75c 1preferred (quar.) -. $1.75
Birmingham Fire Insurance Co. of Penn.— >
•'
12-18
Year-end.--50c
12-22
Black & Decker Manufacturing Co. (quar.)40c
Bloch Brothers Tobacco, 6% pfd. (quar.)™,
$1.50 .12-26
1- 2
Blumenthal (Sidney) & Co., 7% pfd. (quar.) $1.75
2-15-45
7%
1st preferred
(accura.)__™_
•- $1.25
12-20
Bohn Aluminum & Brass
>
>
75c
6 %
.
12-
12-20
(s-a)
common
1st preferred
Carter
-
12-15
-
1-15
12-30
1
Co.—
(quar.)
&
Industrial Loan
(quar.) ^—
1
1-
$3
Electric
&
preferred
4%%
2
12-22
y 12-27 —
12-
1-
25c
(year-end)
preferred
American
Ac/o
Carolina
.
4
75c
12-
Mart Building Co.—
Furniture
...a-
-
Bessemer Limestone & Cement
,
12-
12$20
$1.25
'
12-
15c
y
1-2
.
American
12-12
12-21
15c
;.
$1
30c
Corp.™
12-28
American
Growers..—
Benson
11-30* ;
12-13
Fruit
12-11
2
12-18
preferred
prior preferred (quar.)
& Hedges, $2 conv. pfd.
$2%
■
12-20
1-
12-20
American
2
1-
12-11
12-11
1:
t50c..
Year-end
12-20
12-21
American Crystal Sugar,
Common
12-20
12-30
/
Beneficial
6*
12-
12-28
i—
Carnation Co.,
12-
2
12rl5
12-29
Transit
6
2 :"..
12-11
12-23
50c
9
1-
1- 2
$1.50.",
(quar.),^—
—1——————
12-
l-
125c
Aviation
Bendix
;;
0] Reo.
.
.■
2nd
$37%c
preferred
Co
Carey . (Philip) Mfg. Co.,. common (quar.),^.
5 % preferred (quar.) —.
6% preferred (quar.)„___—w,—
:
:
.
12-30
;
(year-end)
Body
&
.
1-15
1-
7c/o
"
8
B
Holders
Payable
————,,,—
6%
Mills
Capital
12-20
2
12-20
(s-a)—t$3.50
Beech Creek RR. Co. (quar.)_«—v* 50c
Beech-Nut Packing Co. (quar.)
$1
Belding-Corticelli Ltd., common (quar.)
t$i
7%
preferred (quar.)_
\< $$1.75
Bell Telephone Co. of Canada (quar.)
'
t$2
12-16
12-22
35c
American Coach
Co.
Brothers,:; class-- A
-
Class
12-15
$2.75 class A
k
Beatty
11-30
1.
$1.75
$1.75
$1.50
:
Foundry, 7% preferred——
American Cigarette & Cigar, 6% pfd. (quar.)
American Cities Power & Light Corp.—
1-
2
12-28
American Car &
12-20
1-
.
.
12-11
1-
(s-a)___—$3.50
preferred
American Can
1
12-23
—*fe; \ 75c
common—
25c
fe,'——fe" 25c
Corp.,
Bemberg
American
12-
20c
20c
■
12-20
12-27
(Formerly Old Colony Trust Assoc.)
. ' t
30c
Beatrice Creamery Co., common (quar.)<;wv;;;35c
'",'Extra ————-—65c;
Ui $1.06%
4V2% preferred (quar.).
1*
12-22
...
(quar.)..!
preferred
6%
■
12-
$1.06 A
$1.25
common
(year-end)
Common
2
12-21
$2
(year-end)
Co;
Trust
Cannon
.
l'-
J30c
75c
(year-end)—•—
stock)
($10 par
American Arch
12-12
12-20
5c
30c
preferred
$4J!4
12-12
2
1-
Inc—
Airlines,
Common
i.1
9
12-27
Portland Cement.^t.--^.-—'7 h :-25c.
Altoona At. Logan Valley Elec, Ry. Co.,(s-a) ...$3..
Aluminum Co. of America, 6% pfd. (quar.).
$1.50
Aluminum Co. of Canada, 5% pfd. (quar.) _
$$1.25
American
Baystate Corp.—
12-
8
12-12
'
Alpha
^
•
12-27
preferred <quar.51.25
Allis-Chalraers Mfg. Co., com. (year-end)—
:•
90c
Ltd.———;—Amalgamated Leather Cos., 6% cony. pfd.^.
Amalgamated Sugar Co. (quar.)
American Agricultural Chemical (quar.)
12-15
12-
12-26
5%
Amalgamated Electric Corp.?
12-29
9
12-15
12-20
." 25c
•
12-20
12-
12-29
_
—
1
12-20 ;
S1
^3 ,4C
..
——■(
12-
1-2-45
:
.—.—r.——--—
A
Stores
Allied
.
35c
Baldwin
y -'75c
Barber .Asphalt Corp.———L—25c
Barber (W. H.) Co. (extra)
———25c.
Barber-Ellis of Canada, 7% pref.
(s-a)'
-$$1.75
Barkers Bread, 6%< preferred (accum.)^—J$2.50
Bastian-Blessing Co., common (quar.)—
.v,40c
$5% preferred (quar.)
—:
$1.37Vn
Bath Iron Works Corp
—$1
Bausch Se Lomb Optical Co.,■common———>■ .','><*25c
5% convertible preferred (quar.)-—$1.25
(N. Y.) (quar.)_x——
Locomotive Works_^-?.»K-;
Bankers
12-15
12-22
Inc,.....——^
Laboratories
.
(quar.)__-.__.
Dye Corp.
Allied Chemical &
.
1
■; 1- 2
95c
$3
2/2c
25c
$1-50
(year-end)..-'-
Allegheny Ludlum Steel com.
Allegheny & Western Ry.,
Allen
1-
$$2.50
——$3.75
pref. (s-a)—
Canfield Oil,
$2;50
$1.75
$1.50
pfd. (accum.)
7% pfd. (quar.)
2
1-
When
Share
.•■•••
50c
(quar.)
11-29
12-10 V'
50c
(year-end)
Co.
1- 2
.
Susquehanna RR
<fe
Wilcox
&
'.Class' A
11-29
3
12-27
•
—
3
1-
12-20
40c
;
12-20
participating preferred....—$4.50
Power, $6 preferred (quar.)__
$1.50
preferred (quar.)
—
$1.75
$7
--w-'
12-20
.
Alabama
1-
25c
——
(monthly)
Mills
Name of Company
;
fe-
Canadian Wirebouud Boxes Ltd.—
(Hartford, Conn.) —
Extra
Avondale
of.Rec,
Payable
7c
Axe-Houghton Fund, Inc., com. (year-end)_
55c
Class B (year-end)-;—,-—
—65c
B/G Foods. Inc., 7% prior preferred (quar.)
$1.75
—
Albany
Quarterly
12-15
Per
Holders
When:
Per
Share
Name of Company
-
11-30
1-
$1.75
Agricultural Insurance Co. (quar.)—75c
Special
—
——
'25c
Ahlberg Bearing Co., class A (quar.)———
8%c
Air Investors, Inc., $2 conv. pfd.
(year-end)
80c
Alabama Great Southern RR. Co.,'ordinary.
$4.50
Algoma Steel Corp., Ltd., 5%
;
Automobile Insurance Co.
Agnew-Surpass Shoe Stores, Ltd.—"
7% 'preferred (quar.h—
6%
!
.■
Haiders
Payable
■;
.fe'-'fe'. fe Share
v:Monday, December 18,. 1944
CHRONICLE
(quar.)—
V
62Vac
$$2
$1.12 %
$1.25
12-12
12-
9
1- 2
12-15
1111-
2
12-15
I
12-15
2
12-16
2
12-15
l- 2
12-
8
1- 2
12-
8
'fe"
Volume
tT"
m'winMi
nil
■
When
Per
'fa.//
Name of Company
•
Continental
Continental Diamond
Fibre
fa
'
Continental Foundry & Machine,
Oil
Continental
12-29
12-29
12-15
12-22
32-
12-26
$2.50
12-19
12-
Fairchild Engine & Airplane Corp,:, (yr.
1-2-45
12-15
Falconbridge NickeLMines Ltd.
12-28
12-12
Falstaff
Famous
12-12
Fansteel Metallurgical Corp.,
12-27
11-30
Farmers
12-28
15c
A
12-23
■:w,-
25c
fa 12-20
(quar,)*™*™——__
'Faultless
(quar.)
common
——
Extra
Creameries of .America,/ Inc. >
fa
(quar:)
Crompton & Knowles Loom Works—
6 %
preferred (quar.)™*:—__*_.
—
/
Crowell-Collier Publishing (quarfa)^*-////-///;
•
1
12-20
12-
12- 9
12-23
12- 9
Crown Cork & Seal Co.,
Inc.,. common—
Corp, (quar.)
Crucible Steel Co, of America—
"•
Crura
15c
!
Curtis
12-23
12-20
Curtis-Wright Corp., common
Class
A•
5%
.
;
20c
8
12-
6 fa
6
Florida
12-; o
7
Florsheim
1
Class
3
12-16
12-16
12-30
12-15
1- 2
12-18
'1- 2 '/
12-16
.
Food
pfd.
4%
11-30
6fa
prior pi'd,
dividend
fa
12-23
6 fa
Bridge
prior pfd.
12-
9
Steel
12-20
12-11
Fraser
12-30
12-11
Ftuit of
$1'
12-20
12-11
12-23
12-20
12-
5
12-20
12-
5
12-26
11-27
,
5 fa
6fa
Match
8-15-45
Motor
T
Car
12-
5 fa
9
12-18
12-20
11-30
12-18
/12-11
class
A
12-18
/fa; 12-11
2-9-45
12-20
> 1
/ 12- 9
12-14
$$1.50
12-23
Dominion
General Box Co.
fa
t$1.25
2-1
1-
62 %c
■
2
-'fafa
Ltd.-
(quar.)—
1-30
12-11
fa
(quar.)—
$$1.25
1-15
12-28
:
$$1.75
1-15
2-
1
1-
5-
1
Ltd.
Chemical
Dow
$4 preferred
8-
1
Co.,
(s-a)_———
(year-end)
4%%
75c
prior preference
6fa
preferred
for
6 fa
4
1-
12-22
2
12-15
$5
1-
2
12-15
Glen
I-
Co.,
Auto-Lite fa
5J/a fa
pfd.
12-15
fa Glidden Co.,
12-15
4V2fa
2
12-15
1-
2
12-
1-
2
12- 5
2
Company, 5 fa fa Referred (quar.)
Elmira & Williamsport RR. Co.—' "
12t15
2
(stock
preferred
preferred
5fa
■
x;
•
i;
(quar.)
75c
1-
2
5c
—
"
—
——
———
-
dividend)-—
12-
12-31
9
67c
10c
5fa
preferred
Great
American
Great
12-30
12-20
12-30
12-
50C
12-22
12-11
12-23
12-
1-
$1.37 fa
12-20
12-15
A:.2
1
.,12-20
10c '
12 r 9
12-20
12r 9
12-13
"25c
12-23
50c
12-22
12-11
12-18.
12-
$1.25
1-
$l.l2ya
12-28
60c,.
1-
68 %c
.
-
2
12-15
12-11
12-18
12-20
1-
2
2
12-22
Year-end
Great
7fa
2
12-22
1-2-45
2-1
1
12-13
:$3
12-16
1- 2
1-
12-
5
1-
5 fa
2
1-
2
12-20
11-29
12-
9
2
12-
6
12-21
12-
6
12-20
6
1-
2
62fac
2
12-
2
6
12-30
12-
12-31
12-15
8
5
12-31
12-15
12-31
12-15
2
12-22
1-10
1- 2
12-12
1-
12-12
4-15
5% '
4-15
4-
5
1-
2
12-20
4-
2
12-20
12-30
12-11
12-30
12-11
40c
12-27
1-2
•
fay
;
1-
2
.
25c
12-30
5 %
,
Gruen
Watch
3-20
5 fa ''
,1
Co.,
12-30
prefeiTed
- VI
»•
■-
.fa, "'-.fa
'
Co.,
—
common.
-■
'
.
75c
12-20
$1.03 y8
/ /.
1-
2
'
30c
1-2
12-12
$$1.25
——
12-30
12-12
30c
1-1
12-15
12-4
.
*
$3
1-2
25C
12-23
12-
$75c
(s-a)
12-28
12-14
•
12-18
12-11
35c
12-23
12-16
$1.25
12-22
12-12
$20c
1-15
12-15
$37 %c
1-15
12-15
5 fa
1-29
(year-end)
Ltd.—
/
(quar.)
12-
9
12-
9
65c
.
1-15
12-20
12-11
1-
2
2-
1
$$1,50
2-
1
1-10
50c
12-30
12-18
4'fa;. preferred
(quar,)___/„, —fa.——
International Nickel Co. of Canada Ltd,'—
$1
12-30
12-18
.
7-fa
12-15
$35c
(quar.)
(quar.)
preferred
t$1.75
—
$40c
———' •
/1' $$2'
pfd. (accum.)
$$1.75
International Power Co. Ltd,, 7fa pfd. (accum.)
45c
International Shoe Co.
(quar.)—
1.75
International Silver Co., 7fa pfd. (quar,)™
$1.50
Interstate Telephone, $6 preferred (quar.) —
$75c
Investment Foundation Ltd,, 6fa pfd, (quar.)
———
International Paints Ltd,, 5fa
Iowa
Public
Service
Co.,
12-15
12-15
12-16
12-16
1
(quar.)*,—*
7fa
preferred
7%
preference
A
35c
12-21
•
12-11
12-
12-
5fapreference
6
5fa
6
C
preference D
(quar.).
2
12-15
1
12-14
2
12-15
1-15
12-15
10c
1-
2
12-20
$1.50
1-
2
12-20
1-
2
12-20
1-
2
12-20
12-20
12-14
:
$1.50
Ltd.
$3o
(interim)—
Ltd.,
12-14
12-20
II-17
2
11-30
x$1.75
1-
2
11-30
1-
2
11-30
1-
2
11-30
—
xl% fa
xVA%
—
xVA%
1-
2
11-30
$1,25
12-30
12-15
$1
12-26
12-15
—
—
(quar.)——
(quar.)
—
2
1-
1-
—
—
(quar.)—
1-
17c
(quar.)
com,
-
12-* 6
12-26
12-
1
Jamaica Water Supply Co., 5fa pfd.
Jefferson Electric Co. (year-end)
12-26
12-
1
Jersey Central Power & Light Co.—
75c
12-18
$75C
$1.75
(quar.)*
1
1-2-45
12-27
10c
12-27
20 c
1-
2
3iy4c
1-
12-4
6 fa
12-23
1212-
4
:
(quar.)
preferred
4V4fa
2
Co.
Inc.,
preferred
common
(quar.)—.
Johnson & Johnson,
4%
.(quar,)*—
4'
.
'
2nd preferred
f
.•
(quar.)*
^
»
.
.
2
12-11
1-
2
12-11
25c
12-20
12- 6
12-20
10c
(extra)*
series A
12-11
1-
$1.06%
——
common
2
$1.50
—
1-
$1.75
*
(quar.)—*
Jewel Tea
4
12-15
preferred
7fa
2-14
$i.37y2
40c
3-
5Vafa preferred (quar.)*—
$1
v
■*
12-11
2
(quar.)—™
——
12-21
$50
t
12-11
1-
50c
(quar.)——
B
,
$1.75
—
Island Creek Coal Co., common
Mines
11-30
1-12
$1.62%
(quar,)—
(quar.)
$6 preferred
I-2
1
12-30
1-
—."
common——
:(quar.)————
$6.50 preferred
$7 preferred
2-
1-10
1-
1
1st preferred
$6
12-
2
1-
$$1.50
preference
preferred A
Island Mountain
1-
1-15*
2
12-20
37 %c
(quar.)
(interim)
conv.
conv.
Jamaica Public Service
$2.25
8
.
dividend
12-18
2
5
$1.25
(quar.)
12-11
1-
6
1-
12-21
1-
Business Machine Corp.—
12-28
$15c
12-
1-15
1
$1.31 y4
———_™—,
12-20
34%c
(quar.).
'
-'
'
fa. fa/.//
$75c
(quar.)
——-———
.P.■:'■
12-20
2
Co
Co.
$3
$1.06y4
(quar.)—:fa—
common
2
1-
(accum.)—™,
preferred
Rubber
$1.50
-
12-12
1-
.
Oil Corp————__——
2
fa fa
"
$1.75
preferred
No.
9
,fa
$1.50
12-22
■'■/■'
—
-
(quar.)
6 fa
Co.,
(quar.)
Common
Properties, ctfs.—
preferred (initial quarj
Great West Saddlery, 6fa 1st pfd.
Group
12-
11-14
(quar.)—„„—
International Minerals & Chemicals, common
12-30
35c
2
12-27
12-30
20c
—_™__
—
preferred
preferred
6fa
62fac
4(4 fa
5
fa
6fa
$75c
(quar.)
Griggs Cooper
&Co. 7fa preferred
Group No, 1 Oil Corp.———
4-
1st
Common
'.
$75Ct!
Gricsedieck Y/estern Brewery
1-
'(quar.)—™—-
preferred
1-2
$ IOC
International Metal Industries—
1-15
(accum.
9
$1.32
International Harvester Co., common
9
12-28
joc
12-
12-19
62 %c
$62fac
common—_>r_r™—
1-
common™---,
International Cellucotton Products
$1.25
1-
12-20
12-30
(s-a)
12-20
1-
75c
*'12-30
Brownhoist Corp,—-
conv.
Stock
;
12-6
$63C •'
12-15,
12-21"'
'
C'
$1.75
;.
Acceptance Corp, Ltd.—
conv.
International
"
12-
Inc
12-14
1-15
$$1
2
68%
(year-end)—
preferred (quar.)
Common
25c
12-14
5%
1
1-
.
International Bronze Powders,
>
$1.75
r
1-2-45
1-15
3-
9
50c
1-2
1-
/
guaranteed
Interlake Steamship
1-
(quar.)—
1-2-45
30c
12-15
'fa. 2-14
(irregular)—/—
Chemical,
Intercontinental
1
12-21
55/2fa
12-30
fa'
Inter-Island Steam Navigation Co. Ltd.—
12-11
25c
$1.50
5
12-15
(quar.)-
Inspiration Consolidated Copper———
Inter-City Baking, Ltd
12-11 fa
12-11
1-2
(quar.)
$1.37 fa
1-
preferred
Co.—
4fa
&
Ingersoll-Rand
12-15
12-22
2-
RR.
preferred
Industrial
12-15
(quar.)——fa
preferred
II-21
12-30
(quar.)
Telephone
Gas
Industrial
5
12-15fa■
(quar.)
.,
2nd
12-
12-21
$1.50
Indianapolis Power &: Light, common
5(4 fa preferred (quar.)
Indianapolis Water, 5 fa preferred A (quar.)
2
40c
dividend^-(-^^>-.^;»—.
$6 preferred (s-a)i^—pp.—
6fa.
12-20
$$1
Indiana & Michigan Electric Co.—/, /
56 y4 c
convertible preferred^-^fa.—
Greening (B.) Wire Co., Ltd. (quar.)™—
•Greenwich Water System, Inc.—
6fa preferred (accum.)— p———_
Greyhound Corp., common (increased)-,
12-11
40c
-------
Commercial
Indiana
2
40c
$1.50
12-11
12-22
Corp
Incorporated Investors
12-15
1-
30c
stock
Common
12-11
12-22
$1.75
fa fa
1-
-
Greenfield Tap <fe Die Corp., corny (year-end)
12-14
.
preferred
12-22
$1.75
Imperial Tobacco Co. of Canada Ltd.—
8
12-5
fa
Sugar,
$1.50
1- 8
12-
—i
Western
12-15
12-11
12-27
(quai\)——i-
Northern Iron Ore
12-27
12-15
12-22
12-15
1-
40c
$1.25
2
1-2
50c
56J/4C
2
Great
(quar.)™—
Leased, Lines,
$1.25
(year-end)
preferred (quar.)—,
cl. B partic. .pref.
12 %c
1
12-22
$1.25
$2
8
8
12-11
1-
12-16
1-20
fa 12-13
8
12-
2
10c
(quar.)^
pfd.
1-2
Bell
Central
Illinois
*
12-18
12-22
fa 12-
12-
12-20
Telephone
(Madison,/.
$1.18%
Wise.), $4.75 pfd. (quar.)__:
$30c
Imperialle Fuels, Ltd., 6 fa partic. pfd. (s-a)/ '
50c
:
.
12-30
$1.25
(accum.)
Co.
Illinois
60c
v
12-30
1-15
12-20
$1
10c
Cement
4'/a fa
$1.50
,
1-15
75c
preferred—
$1.50
12-23
1-
,.
5
12-
$1.25
(quar.)
(quar.)
Erie Mortgage Corp., (quar.)—;
&
8
12-20
2
12-20
25c
.
12-
2
1- 2
20c
Co., Ltd.— '
$2 cl. A partic. pref. (accum.)-—
—™——^
6 fa
Texas,
Fibre
Illinois
9
12-20
2
12-28
1-
1-
62 % c
(quar.)
8
12-22
$1.50
Lakes Paper
25c
.U.V—-
15c
$1,06'A
—
/ 12-30
12-
12-23
25c
(quar.)
Industries,
12-15:
12-21:
25C
r
12-20
25C
re¬
(quar.)
,12-20
2
—
(quar.)
preferred
Ideal
1-18
1
(year-end)
Fisheries Co.," Ltd.
pfd.
(Harvey)
11-30
$1.12
(year-end)
2
1-
20c
$4.25
Huttig Sash & Door, 7fa
11-30
——_
12-28
(quar.)__.—-fa—
->
2-
20c
(quar.)
preferred
Gorton-Pew
(quar-fa—___
r;..
12-20
2
12-21
$1.25
(quar.)
Co., $5 preferred
12-22
fa
(Brooklyn)
.1-
Bay Mining & Smelting——,
Huron
12-22
1-
12-21
$1.75
_
.V, Graham-Paige Motors*1 5 fa pfd. A (quar.)__
Grant (W, T.) Co., common (quar.)
12-15r
30 c
(quar.)
(stock; dividend)
Common- (quar.)
5%
.
$2
12-15
$1.60
Engineers Public Service, $5 pfd, (quar.)
$5.50 preferred
(quar,)——
$6 preferred (quar.)-—
common
Common
5fa
2
(s-a)_._.
—
inc.,
fa 1-1
5
60c
fa:' Extra, ;
$$2.50
1-
—
Co., 8fa preferred (quar.)—Emporium Capwell Corp,, com, (year-end)__
4fa% prefprred A (nuar.)_—
Common
15c
12-12
1-
Emerson Drug
*
12-12
Co,*—fa***/™.fa™.-™-5
Elliot
I-
(quar.)_——2nd preferred (quar.)
y
6%
common, (quar.)—_
Ltd.
Co.,
F.)
(B.
40c
National Watch Co..--(year-end)——
Electric "(Texas), $4.50fapfdfafa(quar.fa)
Paso Natural Gas, common (quar.) —^fa-
preferred
State
Goodrich
$1.75
•"
1-15
Hussman-Ligonier Co., 5 y2 fa conv. pfd. (quar.)
common
$1.50
_____*•
1-1:5
$$1.75
•
75c
Corp.
convertible
Golden
5
ii7fac
**„*™—*fa*_.™—^fa*.™,/^1
Common
75c
$1.50
Globe-Wernicke Co., 7fa preferred (quar.) —
Goldblatt Brothers, $2.50 conv
pfd. (quar.)
fay/fafafafaJ
(quar.)
2
$$3.50
1st preferred
7 fa
1
Goodyear Tire & Rubber Co. of Canada— :
Co—
4
1-5
(s-a)——
Corp., com.
5(4 fa
Stores
Hummel-Ross
1
12-
40c
Harvester
1-
$1.50
Products
Eversharp,
12-
2
Coal
Alden
1- 2
$2
Paso
7 fa
2
1-
Corp., $6 pfd
fa
Glens Falls Insurance Co.
2
1.
(extra)
Stores, Inc.
Manufacturing
1212-
Hubble
1-
(quar.)
preferred
Gleaner
1-10
1-25
$25c
preferred (s-a)
.fa
Corp.faLtd.——**—fa———_*_—*
1- 4
12-28
Hudson
$$1.25
6
1-
$1,12%
Elgin
"
1
20c
Gillette Safety Razor,
12-
$1.12%
Corp. (Cal.) (quar.)
Electric Storage Battery Co.. (quai'.)l—™fa
El
1
12-
w
(quar.)
Machine Tool
& Lewis
Giddings
12-15
12-8
12-26
50c
25c
——
y
'
4
II-30
40c
class, A
of
Co.
*
4
12-
$10c
(quar.)
preferred
7 fa
10 fa
Georgia Power Co., $5 preferred
6fa
preferred (quar.)
2
12-
12,28
12-20
(quar.fa-
Howes Brothers,
$1.50
12-
12-11
Electric Household Utilities*-/™——-—faElectric, Products Consol. (Seattle* Wash.)—"
El
12-
12-30
(quar.)
12-21
Gfa. prior
Electrical
12-30
20c
preference (quar.) ::™_*_fa™_*fa.*/_
Paper Corp., $3.50 pfd. (accum.)fa*/fav
.
fa* 12-8
(reduced)
12-22
12-26
Quarterly
preferred,
$3
12-28
$1.31'A
"
(year-end)—
com.
Co.
2
25c
Electric
10c
12-20
1-
17, 1944, at $105fa;
2
..Class B (year-end)
..
Inc.—:, fa
incorrectly
1-
.,
$1.50
Easy Washing Machine Co-., "Ltd.'-—
50c
$25c
—
12-15
fa1
1-
-
25c
Eery Register
12-15
12-30
■«
2
(year-end)
Bros.
12-15
12-30
(quar.)^._—;
General Time Instruments
$1.50
fafafa*™/fa*fa*
12-10
1-/2
Howell:Electric Motors (year end)
-6fa pfd. B (quar.)——
/
2
20c
$1.50
(quar.)
Refractories
12-28
(year-end)
12-20
37 %c
■
-——--fa
(extra)
(year-end)——--,
Oil
Howard
8
General Water Gas & Electric—
2
$1.75
—,fa//**yfa:
(ouar.)
6fa
12-8
$ 12-
34%c
_fa
pfd.
was
Railway Signal,
preferred
General
1- 2
.
12-26
Edison
12-22
25c
redemption on Aug.
General
Easy Washing Machine Corp.—
Edwards
12-22
30c
Houston
as being for the $6 pre¬
The $6 preferred stock was called
ferred.
;
preferred
Ecuadoran
30c
(quar.)U.,---4*:'
1-
75c
(quar.)
Eastman Kodak Co., common
5fa
7fa
12-31
B
preferred
5fa
ported last week
12-22
$1
__™**
(quar.)™,fa/**™
preferred (accum.)—
Eastern Steel Products, Ltd.—
Eaton
1-15
Class
•.:
preferred
dividend
above
50c
6%
Class A
50c
Fuel Associates—
&
Gas
Co., 5 fa
$1.75
preferred
6fa
Picher Lead,
1-15
75c /'fa.
;
12 %c
*
Manufacturing Co
Household Finance
: $$1.38
preferred class A
$4.50
The
12-15
1-15
$1.75
fa
(quar.)
(quar.)
—
Dun & Bradstreet, $6 preferred
(quar.)
duPont de Nemours & Co., $4.50 pfd. (quar.)
Eastern
12-
$1
preferred
Eagle
1-2
75c
(year-end)——-——*———.
Duke Power Co., common
II-24
■
/•*«
common
Inc.
Industries
P«ck Corp.
7fa
$15c
$$1.75 ■'./"/ 1-15
Corp., 6'fa
Dresser
12-30
1-10
$1.25
-
11-24
/
$$1.25
/*,*':
(quar.)—
preferred
A
1-25
$1.25
6-30
12-20
Corporation (quar.) __/*_****™fa*.fay
fa'v
preferred (quar.)
—
Draper
Dravo
quarterly?*
(quar.)
(quar.)
Drug Co., 7%
Dow
Drv
(increased
common
Houdaille-Hershey,
;
3-31
fa, $20c
Stores
Hoskins
Corp,
2
$20c
$20c
preferred
12-15
12-11
1-
$20c
preferred
5fa
12-28
7fa
12-20
Bearing Co
&
2
(quar,)
General Motors Corp., $5 preferred (quar.)-General Paint Corp., $2.67 preferred (quar.)
General Printing Ink Corp., common—
12-15
+20c
;
12-20
—'
-
2
2
■fa
Hoover Ball
lfac
Mills, Inc.,
1-16
1-
of Canada (quar.)
Guaranty Co.
12-27
50c
(stock dividend)
General
12-30
1-15
$35c ■/'/ 1- 2
$44c
/
preferred (quar.)
Dominion Malting (quar.)
Dominion
12-20
Common;, (quar.)
General Instrument
9
1 -26-45
'
1-
(quar.)
Electrochemical
Hooker
$1
I
Fireproofing, 7fa
12-12
$1.75
(s-a)
20c
(quar.)
General Industries
1*15
12-
.12-14
12-23
87 %c
_
7fa.
Dominion Textile Co.,
12-28
;
preferred (quar.)
General Baking Co., common
8%
preferred (quar.)
12- 2
12-22
3iy4c
common™™-
Dairy Co. Inc., common
preferred
Home Title
pay-
$6
Dominion Glass Co, Ltd., common
'.fa.
12-30
fafa
.
General
(quar.)—.—:——.
& Steel
1-19
v
"
(year-end)™.***:.:.
fa
Dairies.Ltd.. 5fa preferred (quar.)
Dominion Foundries
preferred
12-11
$1.25
Sons
$35c
(this
(quarj
preferred
12-22
;
(quar.)
6-15
$1
General American Investors Co.,
'
Dome
3-15
2
(quar.)
Manufacturing—
$3 participating preferred A
3-1-45
Dochlcr Die
Casting Co.
Mines■/ (quar.)**
2
$35c
(quar.)____
withheld)
Power, common
5y2fa
$1.50
(quar.) y—/_wfafa™_fa—*.._
Cup Co.,
2
Inc..-(year-end)"
Co.,
Gemmer
75c
Corp.-Seagrams Ltd.—
preferred
5 fa
Dixie
Gatineau
25c
Giorgio Fruit Corp., $3 partic. pfd. (s-a)_
Disher Steel Construction Co., Ltd.—
/fa/fa';
$1.50 conv. class A preference (accum.)**
1-
4-
7-
6
25c
(s-a)™—fafa
12-15
80c
$5c
5
50c
(extra t
Home
37fac
Garrett Corporation
2 fa
Di
Distillers
/
5
Co.—
preferred
partic,
Diamond
12-15
12-15
9
12-15
15c
—
Co., Ltd., 7fa pfd. (s-a) —
(accum.)——-—
preferred
7fa
2
37fac
Ltd. (quar.)
Inc., $3 pfd.
8-
5-15-45
50c
fa;;fa
Holt Renfrew &
12-20
2
(initial)
previously
5-
2-15-45
50c
•fa,"fay 25c
Diamond
the Loom,
was
2-
50c
;
Co.,
Co.
&
(A.)
9
12-26
$1
(quar.)
Furnace
Hollander
1-
Fyre-Fyter class A (quar.).
I
Gair (Robert) Co., common
"
fax;. 6 fa preferred (quar.)
Gannett Co., Inc.* class B conv. pfd. (quar.)
Garfinckel (Julius) & Co., com. (quar.)
6 fa
preferred (quar.)
12-23
/ 25c
—
1- 2
37fac
Distill.
Companies,
ment
:
12-15
2
1-
■n $1.75
(quar.)
Holland
3-20
12-22
1-
fafa
10c
(quar.)
fa
Chemical
preferred
37fac
,
:
Corp.
Franklin County
——**
(year-end)
Products
Bldg.
12-15
(quai.)
Diamond Ginger Ale
(quar.)
12-9
1-
';
Dewey & Almy Chemical Co., stock dividend-
Street
41st
9
2
50c
2
2
'
12-22
■
1
1-
1-
12-
2
.$1.75
.
12-16
12-
1-
——
Hinde & Dauch Paper Co.
25c
A pfd.
(quar.)
Foundation Co. of Canada, Ltd.
12-23
fa
4-
$1.50
(quar.)
9
12-
;—
™*-.™
Detroit
12-15
6fa* prior pfd.
12-
12-23
fa/i/fa
:
preferred
12-30
5fa
12-16
12-26
12-26
$1
.
(quar.)
2
1-
$1
Detroit-Michigan Stove Co., 5fa pfd.
5fa
preferred (quar.)
5fa
12-18
,
12-16
$1.37%
preferred : —™_™*_p™™-^p,t—:
& Dauch Paper Gb., common
$1.50
Hinds
12-18
2
common
12-20
12-22
Co.
International
2
1-
6fa
37 %c
(quar.)*
Supply Co. of New York-*-
Stock
1-
75c fa
12-15*
15c
(year-end)-™—.
(monthly)
Hollinger Consol. Gold Mines Ltd.
Light & Power Co.—
Foreign
37%c
,
preferred (quar.) ; ™™*—_fa^™///;.
Detroit &, Canada Tunnel Co. (year-end) ™.
■■
50c
Machinery Corp. (quar.)
^
Co., 5fa preferred (quar.)
& Wallace, $3 class A (quar.)
2
25c
5fa preferred
prior preferred (quar.)
fa 7fa
y
4
12-
12-20
Powder
Hilton-Davis
12-20
2
:v;; 25c
fafa; 35c
fafafa 25c
1-
12-26
15c
(quar.)
& Co., common
Hickok Oil Corp.,
12-20
12-30
■fa $3.50
'
12-18
Motors Corp.___^
Monthly
12-15
1-
2
$1.25
preferred (quarj_——
(George W.) Co., common
preferred (quar.)— ™_™™.™„
7fa
12-30
$1.50
1-
;
Hibbard Spencer Bartlett & Co,
2
$1.75
1-16
37 %c
.fa
;
,
(quar.)
Hercules
2
fa-
(Walter E.)
Hercules
9
1-
12-15
See ^Rubinstein."
12-
1-
(quar.)
Foster-Wheeler Corp.,
,/: 20c
(quar.)
1%
Detroit
50c
Co.
Glass
12-23
2
$6
Foote-Burt
Forbes
.
30C
i— _*/—_*'/*-_*^—-™-'__-_,:/:::
Dentist's
1-
12-20
62 fa c
r
pfd. (accum.)
7 fa
12-20
25 c
Delaware RR.
12-13
50c
12-15
1
20c
12-11
12-22
(quar.)
.{ quar,)
12-20
$1.25
:..-ifa .Extra
Dejay Stores,
Light,
Cement,
Shoe Co., class A
B
-
.
12-27
.
$$2.50
Corpiiii^,„__.—:
——_*_fa^**/**^**,/_.**/fa//./**/**/* fa
&
12-29
12-11
12-27
2-
y2 fa
Helme
I-10
36c
:
12-27
(quar.)„—
Power
1-15
25c
(quar.)
25C
Dcisel-Wemmer-Gilbert
Delaware
Society
1st preferred fquar.)
Foster & Klciser Co., 6% cl.
;■
Heller
12-20
12-27
$1.62%
(quar-
12-15
2
5
$1.75
(quar.)
(quar.)__;_
Portland
12-
fa 3-
30c
Extra
Inc.
$1.50
Witt Hotel, Inc. (Chicago) (year end)—
& Securities Corp., 5 % pfd. (s-a)
Delta Electric Co.
preferred
12-23
$1
Debenture
Records
State Pawners
First
12-31
2
2
fa;
$1.25
Extra ''
De
(New York)
Stores,
1-
Hazel-Atlas
8
12-
12-18
•
3c
.
4-
$2 5c fa
preferred (quar.)
Dayton' & Michigan RR., 6% pfd, (quar.)**
De Long Hook & Eye Co. (quar.)*™*™**
Decca
25c
-
preferred
Helena Rubinstein,
8
.'
(year-end)™
Bank
Avenue
National
1-
3iy4c
Dayton Malleable Iron, 53>
■
-fa-fafa,
■
fa
v
class A-*.pp_™.,__p_
,
12-15
12-
$1
25c
(year-end)_.™_;_.._™™
of America,
Corp.
Haverty Furniture Cos., Inc.—
.fa
$1.50 preferred
(quar.)—*™—-,
12-15
12-23
.fa
(s-a)
Cleaning & Dyeing—
Inc.
First
12-26
.'
$1.25
class A, (quar.)*—_
Frere Ltd.,
&
1-
12-27
75c
12-23
fa! 12-18
.
(quar.)
preferred
conv.
11-30
25c
.
8
25c
-
1-
75c
50c
(quar.)—;.—:
Dairy Corp. (Canada), 5fa> preferred (s-a)__
Davega Stores Corp., common (year-end)
David
fafa
$1.16
(quar.)
(year-end) — fa
12-
6V2-fa
12-20
(Bait.) (s-a) fa
fa
Fiduciary Trust Co. of N. Y. (year end)___.
12-18
1-2-45
$4 prior pfd.
Publishing Co.,
United
Fifth
Curtis Candy Co., preferred1 (year-end)■L~rr.»'Y.
11-30
12-22
;
$2
Fidelity & Guaranty Fire Corp.
$3
(s-a'
prior preference
Class A
12-22
1- 2
10c
Fidelity Fund,
-Cunningham Drug Stores—
6%
12-22
30 c
Hat
fafa*
—•
'
12-19.
:
12-29
•:;/ 15c
Harris Hall <fe Co.,
12-13
preferred (quar.)
Enamel Corp. (quar.).._™_'
P'erro
$1.75
(quarJ
pfd.
7%
Sugar Co.,
12-30
1-15
12-16
12-23
Publications,
12-3,9
12-30
10c
7%
8
12-
12-18
12-11
$1.75
12-16
.$1
.'
12- V
12-22
$2
(quar.)**™
:—____
(year-end)
(Frank) Brewing Co., $6 pfd.
Fehr
Fen ton
$3
12-11
12-21
15c
12-16
12-15
2
fa: ' "
Truck
Motor
Federated
12-13
1-2
12-21.
$1.25
12-30
,
3-17
12-30
■
35c
12- 4*
V
Crystal*Tissue.Co. (quar.)
Cuban-American
.Federal
:
(year-end I"
Forster, Qc/c preferred
&
12-20
t
12-11
$1.25
2nd preferred
12-30
1-
fav:25c
-
12-13
12-12
25c
.
Common
-
12-23
12-21
>fafa:25c
;
Zellerbach
Crown
12-21
preferred
5%
75c
4-2-45
(quar.)
common
12-18
10c
25C
25c
,
6
Co.~
(quar.)™™,—
(quar.)-.
Harrisburg Gas, 7fa preferred (quar.) ™—
Harrisburg Railway Co. - (year-.end)___;
Harrisburg Steel Corp. (quar.).;
50c
(s-a-)
Mining & Smelting
..-Federal
12-13
12-23
50c
(year-end)**
Corp.
I-
—~
Refractories
5fa
fa:
fa
^
Federal Insurance Co. of New Jersey (quar.)
Federal Light &- Traction Co. (year-end)
-
"A".
Petroleum
Crown Central
(quar.)
■
Shops,
preferred
5 fa
12-23
1-2
$1.50
5
1-20
•
25c
6fa
preferred (quar.)
—
Harnischfeger Corp., common (quar.)
12-15
12-15
1-2-45
™
\
12-30
1
12-23
12-
$1.50
/(quar.)
Harbison-Walker
12-30
Rubber.i (year-end)™_„.
Bake
Federal
12-
50c
12fac
12y2c
Crane Co;,
./■•fa
12-15
__——
25c
12-11
fa:
preferred
12-22
Inc.-' (year-end)
4
$1.25
fa $2.50
N. 'Y.)
Quarterly
:.V;:i-15
12-22
1- 2
12-20
Common
'--'"-fa
$2.50
9
12-15
2
Hamilton Manufacturing Co.**—
3-17
$37%c
(quar.)
& Traders Life-Insurance
(Syracuse,
$i.3iy4
$5 pfd.
11-
12-21
12-
1-
12-29
Hammermill
4-1-45
9
12-20
25c
Class A
12-12
3c
12-
$1.12'/a
12-15
12-23
$7y2c
(interim)-^
12-20
participating preference™.™—Paper, 4^ fa preferred (quar.)
12-21
20c
Players Canadian Corp. Ltd—
12-12
12-28
25c
25c
fa
fa-
(year-end)
Company
12-15
Corp.,-. 6%,.epfd.!T((s-a)
Brewing
Haloid
8
12-
12-21
end)
12-14
25c
12-20
Instrument_™__
&
F.)
(W.
12-20
12-31
2
12-
60C
;fa.
Aviation, (s-a)__^^_ifa_-_-_^«fa
Camera
12-15
$6
50c
Fairchild
12-14
12-18
12-15
43 %o
1-
fa $1.50
preferred (quar.)
—
preferred A (quar.)Printing (quar.)—
Power,
Hall
12-30
1- 2
IOC
■
Corneli-Dubilier Electric Corp.--
.
$$1.6Q
—
12 y2.c
75c
fafa $3 prior preference (quar.) rj:_A--iw^i-t1-( ; ■fafa
Copper Range, Co. (year-end) 1™*™™-_'
$5.25
Corp.fa;___fa_w——•;
12-18
2
25c
Gulf
7
12-
(Toronto, Ont.)
Fairchild
12-21
1-2-45
12-22
12-13
12-28
12-28
$3
Hackensack Water 7fa
Co.
Exolon
1
Telephone Co.—
participating
15c
*
Buffet
Exchange
65c
12-8
1- 2
$1.50
$2.50
Guaranty Trust Co. (N. Y.) (quar.)__
Guilford Realty (Bait.), 6fa pfd. (accum.)Gulf Mobile & Ohio RR., $5 preferred-.——
12-20
12-22
N. Y.)„_
(Syracuse,
Semi-annually fa
i
12-30
(quar.).™_™^
Co.
Insurance
;
12-28
"
Holders
When
Per
12-15
5c
—
Excelsior Life Insurance Co.
:
12- 4
Investing//;:jl:.—-,—■
(quar.)
Corporation
Excelsior
15c
25c
(year-end)*:
: "'iv-.?.;:-.:.:';;;;fa
$1.75
preferred (quar.)
;
6Vz % preferred (quar.)! $1.62 ya
25c
Cooper-Bessemer Corp., common***/**™*./fa
V.fa 50c
Coty
7
30c
Co.
Continental Steel Corp.
7fa
Ex-Ceil-O
12-15
$1.75
Products Co.
of Rec.
Payable
Share
of Company
of Rec.
12V2c
■
Equity Fund, Inc.,—
Name
Hoiaert
Payable
Share
Name of Company
,
Evans
(quar.)*****™** /
(Del.)
Realty
Continental
*
25c
prior preferred (quar.) fa**;./:™*™*:.-fa
Continental Motors Corp.**fa/*/*™**™
-fa
,
12-15
12-20
12-
fa.
common™
fa
,
12-15
12-29
12-18
*1%
Continental
of Rec.
fa 10c
Co,/™™*™/''
<
50c
50c
■
fa
™./~'
When
far"- *
Holder l
-
Payable
Share
.'"'fa:
■
(quar.)
Co.
Assurance
Extra ;
'
2695
CHRONICLE
THE COMMERCIAL & FINANCIAL
Number 4343
160
'^ ..1
•'
12-
6
1
1-18
12-23
12-12
2-
2-
1
1-12
Laughlin Steel Corp,,
&
Jones
class A (quar.)__
preferred class B (quar.) —;
Joplin Water Works Co., 67c preferred
5%
preferred B (quar.)—.
City Public Service, com.
Preferred (accum.)
—
$6
:——
Co.,
common
Lamp Corp.,
Co. (year-end)—
(Walter) & Co.
Key
(s-a)—
12-
8
12-
8
mi.t-ir ^
(
$1.18%
—
1-
2
172c
12-
^
.
12-20
12-
6
—
2-
1
1-15
50c
—'r-L'~ -r»
Title
Lawyers
1-
2
12-23
50c
1-
2
12-23
0
U.
t5c
2-
1
2
12-16
6272c
1-2
12-22
1772c
1-2
12-30
1-15
$$1.50
1- 2
50c
12-19
12-12
$1.50
12-19
12-12
377ac
12-28
12-15
30c
12-27
12-16
60c
12-30
12-21
Company
12-
12-20
12-
Belt
Link
Co.,
1-15
(resumed)
(quar.)
(quar.) —
—
12-13
12-27
2-
1
12-31
12-31
12-14
12-22
12-
2-1-45
Lock
12-27
Pipe
12-27
12-15
$1
12-22
(interim)'
Common
7%
Ltd.—■.
Theatres,
■
12-19
12-30
12-19
t$l
12-30
12-8
$$1.75
12-30
12-
Year-end
———5—
8%
(quar.)
(quar,)—
7%
preferred
2nd
Lorillard
(P.)
Macy
(R. H.)
Red
Mad sen
Mallory
Mandel
6%
1-2-45
12-15
1-
2
12-20
12-20
12-15
75c
15cv
12-
8
1-2-45
$4c
12-18
11-27
7—7^-
25c
1-
2
12-10
1-
2
12-26
prior nref.
6%
(quar.)
(quar.)
Co.
12-19;
1-2-45
2672C
7. 50c
12-15
12-22
12-
12-20
25c
1-
30c
2
12-22
1-
2
12-15
50c
1-15
50c
Calculating
Marchant
Oil Corp.
Margay
Machine Co.
'V.
(quar J_
(quar.)
1-2
12-15
12-22
12-15
3772C
Maritime
Corp,
12-12
2
12-11
$1.75
Field & Co.,
L.)
Co.
1-15
12-20
12-21
12-11
12-31
12-15
$1.50
(quar.)_—
12-31
12-15
Trust
Plate
Glass
(year-end)
6%
Mutual
-
—.—.—
2
12-15
11-24
12-26
12-11
Ohio
12-26
12-11
6%
6%
System Inc.,
preferred
2
1-
2
12-20
Oil
1-
2
12-
Omnibus
1
12-22
;
(year-end)
Corp.,
Loan
Ontario
&
.12-30
12-11
12-
2
12-
1-
2
National
7%
Ltd.,
Breweries,
National
preferred
12-15
1-
12-15
2
12-
12-19
1-
1-
Extra
12-15
12-15.
11-24
2
12-20
12-
5
12-20
12-
5
1-
2
12-11
1-
2
12-15
-12-
12-22
1-15
1-
2
2
7
12-15
12-23
12-15
1-15
12-12
7
1-
2
11-21
12-15
12-23
12-11
33c
12-23
12-
7
6%.
Extra
Pacific
$1
40c
50c
1-
2
12-15
50c
1-2
12-15
12-15
12-15
'
National
National
7
Class
B
of
12%c
93%c
$50c
;
(quar.)——
Western
$44c
30c
-
England Tel. & Tel.!
New
Haven
New
Hampshire Fire Insurance Co.
Fire
Water
Insurance
tfVzC
12-
8
12-
1
Pavonia
2-10
Year-end
Inc.
5-12
8-11
11-10
1-20
12-13
12-13
9
12-27
12-3 5
12-29
12-11
1
12-21
1-
1-
1
12-20
1-15
12-11
12-
6
12-12
1-
2
12-
6
1-
2
12-
6
'
1-15
12-30
12-21
12-11
12-30
12-15
2-: 1
12-20
11-30
12-20
fll-30
1-
2
12-20
12-22
12-22
12-
2
8
12-30
12-16
25c
12-20
12-
10c
1-10
1-9-45
....
Mines
(resumed) .7
2
12-12
Ltd.—
12-
V1212-'
class
(quar.)
A
1
1-19
2
12-15
12-15
2-5-45
$2
Perkins Machine & Gear
Co.,
—
(quar.)—__,
common
'
—
.
.
30c
1- 2
12-21
&
Trading
partic^
Co.
Pfaudler
1.2-20
Philadelphia Company,
12-15
X- 2
1- 2
1- 2
1-15
1- 2
12-20
12-15
12-15
12-15
.12-20
12-20
1- 1
1- 1
12-12
12- 1
12-15
12-15
$30c
12-20
12- 5
,,,
(quar.)„
:
25c
12-20
12-16
25c
12-20;'.. 12,1-16'. .
13c
1-2
12^15
$1.50 ,! J2-30-. ,,.12, 8 .
$1.50
1- 2
12-15 "/
40c ' ^ ;l7.12-13 !
20o<'it"1- 2 ov12a13, r/25c '
12-20
45c
12-20
12- 5
12- 5
12-
12-20
9
12-
12-20
9
12-15
12-15
12-15
1-15
12-15
12-15
12-15
12-15
•
12-15
12-
1
12-20
12-11
12-
2
12-20
50c.
12-28
12-20
12-20
12-
12-22
12-15
12c
25c
12-30
12-
1
12-
1
12-21
9
1-
2
12-11
1-
2
12-11
20c
12-22
12-15
20c
12-27
(accum.)—7__—
12-20
20c
•
1-
2
12-21
1- 2
preferred
$6
$5 preferred
(quar.)
(quar.
,
$4
Electric Co.,
preference
$1
common
8%
preferred
12-
12-
(quar.)—
$2.50'
40c
(s-a)w__.!
75c
$1.12%
$1.06%
preferred
'
:
Ltd. (interim)—
pii'shurv Mills $4 preferred (initial),.—...
Pittsburgh Bessemer & Lake Erie, com.-(s-a).
Crow
Gold
Mines
Pittsburgh Coke & Chemical
Pittsburgh
Forgings
Co.
Pictsh'»ttrh Fort Wayne &
Quarterly
7%
preferred
(quar.)
12-
,
(quar.)
—4,
Phoenix Insurance Co.
(Hartford, Conn.)—
Quarterly
:
1
—
Pickle
12-
12-20
25c
;
iVu. v
7774—!•- 1"; 50c
Trenton RR. Co.
(year-end).—
Extra
12-20
12-31
Philip Morris & Co. Inc. Ltd.. (quar.)— -_7
4%% preferred (quar.—
4%%
1
12-31
vj
P^iHdelnhia &
Corp.
1
12-
-q r 30c
Cbm'manj—
(quar.)..!!—
Philadelphia Electric Powers
Philco
12-
2
-
prior preferred (quar.Vi—:
1 $1.50
non-cumulative 2nd preferred!.*—_7 <$2?
$6
Philadelphia
12-21
1- 2
1-
$1.25
$1.50
Philadelphia Dairy Products Co. Inc.-^-
.1-2.
12-11
Corp.—
class A
(quar.)
12-14
12-5
12-11
1- 2
$1.06%
$1.06%
4%% ^preferred (quar.V—.77——-w_--77
4%% 2nd preferred (quar.)
Petroleum Corp. of America
Petroleum
7
2
1-
$1
15c
.
(quar.)———
Gold Mines Ltd.
Milk
(quar.)
...—.7—___——77——
Company
7
12-
12-23
ioc
——__.2.' '■■■.
...
—
Permutit
12-
12-23
$1.25
70c
30c
.
1-
1-1-45
2-15-45
Forge
Extra
Pet
8
12-20
12-28
Corp
;
10c
1- 2
Pennsylvania Glass Sand Corp., common...
25c
1- 2
5% preferred (quar.)
$1.25
Pennsylvania Power Co., ^$5 pfd. (quar.)...
;7'2- 1
$1.25
Pennsylvania Power & Light Co.—
1- 2
$5 preferred (quar.7w'—
$1.25
1- 2
$6 preferred
(quar.)
$1.50
1- 2
$7 preferred (quar.)
$1.75
1- 1
Pennsylvania Sugar Co., 5% pfd. (quar.)—.
12%c
12-26
Pennsylvania.Telephone, $2.50 pfd. (quar.K
62%c
12-27
Peoples Drug Stores, Inc. (irregular)—..—
25c
1-15
Peoples Gas Light & Coke Co .(quar.)——.
$1
1- 2
Peoria Water Works, 7% preferred (quar.)..
$1.75
12-20
Perfect Circle
(quar.).
—50c
12-28
Perfection Stove Co. (quar.)
:
37%c
Pennsylvania
9
12-11
12-30
75c
Pennsylvania Exchange Bank (N. Y.) (s-a)Extra '
——_i!.i._7_._.7
12-
12-18
50c
$3
50C
35c
•
(J. C.) (quar.)
Extra
w—————.—.4—7... '
Pennsylvania Edison Co., $5 pfd. (quar.)
$2.80 preferred (quar.)
;
Perron
2-
12-26
(year-end)
Penney
8
8
i.-—.—.....—
Building Corp.
$1.40
-
1
75c
$2V2c
12%c
$1.31%
—
quarterly)—
112-
Casualty Co., 6% preferred (s-a)__
Peninsular Telephone, common (.quar.)
1-20
12-15
12-11
12-11
12-11
(s-a)—
(increased
8
1-15
Peerless
12-22
12-22
12-22
_u.^
New Idea.
Interim
12-27
12-20
$1.50
$1.37%
$1.50
(quar.)__
;
12-
12-29
t quar.)
Co.
Consolidated
12-16
- $1
50c
25c
.—:
(quar.)
7 7
(year-end)—
(year-end)——
Pictures
Appliance Co.
Utah
Park
■
—ww___w7.77:; tic
preferred (quar.)
$1.25
Canada——
England
4%
Paramount
Paymaster Consolidated Mines,
—7..
77-——■'
common
11-30
2
7
12-16
37V2C
75c
Co.
preferred
1-
7
12-29
12-31
(quar.)_
Supply Co., $2 preferred'(accum!1)!:
5V2%
preferred (quar.)
.—77——7—■
6%
preferred (quar.)
.7.
—r———
Naumkeag Steam Cotton Co. (year-end)—^
Negus Mines, Ltd. (interim).
1st
12-15
12-18
75c
common—...
Parker-Wolverine
1-15
(year-end)7—87Vat
(qud4%)»;—\c~—^77-1^ ;;■ 50c
Standard Co. (quttr.)7_—50c
Steel Car Corp., Ltd, (quar.1)—; $25c
Sugar Refining Co,—J^-77-l.__i7
35c
Products
12-15
12-28
12-
Pipe Line,
/
12-22
12-21
Mfg. Co.
Corporation,
12-15
1-2
12-16
Extra
12-11
12-
National
$5.25
12-15
2
1- 2'
25c..- ;12-22
'1- 1
$1.40
12-23
50c
.
2
12-28
Co.,--Jiiil—77——77-1 ! 7 15c
Safety Bank & Trust (N, Y.)—
;
\
Screw
2
1-
;
12-
12-20
$1.50
--——
Year-end '._—
12-15
.12- 9
12-23
Parker
1-1
(quar.iu*-,;^——-7__—-4-;,;
National Seaboard
8
10c
.
..WW.—7—.a~_w.ww„7_.
5.6% preferred (quar.)
Paraffine Companies, Inc., common (quar.)
12-21
National Radiator
National
1
8
11-
12-22
Panhandle Eastern
30c
Year-end
National
12-
11-
10c
8
1-
7
11-21
50c
(quar.).
8
7
12-
Pagc-Hershcy Tubes, Ltd. (quar.)
t$ 1.25
Pan American Airways Corp. (year-end$1
12-12
$1.37%
Service---^----—25c
$1V2; preferred '
Service Co.
12-
$1.75 3-1-45
$1.75 6-1-45
$1.75 9-1-45
$1.75 12-1-45
25c
2- 1
20c
1- 1
—
Castings Co.—
-^—,——77—————
National Motor Bearing Co., Inc.—■
7
Public
12-
7
(quar.)———$1.50
preferred B
.Special
50c
12-11
12-15
1.
(quar.)
37%c
(quar.)$1.37%
Co. (quar.)
__7._____.i_w_4__74._7..;
Indemnity
12-22
$7
Neptune Meter Co., class A
6
12- 9
Investors Inc.—
12-22
preferred (quar.)——
National City Lines, class A (quar.)—-—_
National Funding Corp., class A (quar.)_^__
National Linen
(year-end)7_.__—7.7
(year-end)—...
common
prior preferred
Pacific
7
(quar.)—_
Register Co, (quar.)—
Casket,
(quar.)
convertible preferred
$5.50
5V'2%
12-15
1-
9
12- 9
,
7
common-
———_—
Co.,
9
12-14
2
12-30
6%
5
12-23
25c
25c
$1.75
50c7
35c .'
Class B (quar.)——i—35cli;
National Grocers, Ltd.,
$1.50 pref. (quar.)
$37V2c
National Gypsum Co. (year-end)——-,—
25c
National Lead Co,, common (quar.)——
12%c «
Extra
-4——7_ —
50c
Cash
National
National
Elevator
9
1-5-45
,,
!
Debenture
1-
5
12-22
$1.50
12-20
43%c
12-20
80c
12-30
25c
1- 2
$2
J$1.25 ,;•■■ 1- 2
12-20
$4
12-20
35c
common
preferred (quar.)
Pacific-American
50c
Biscuit, common——-———^—30c
12-
•
Co.
Gear
12-
12-21
$1.25
Furnace, 5% prior preferred (quar.)_.
preferred (quar.)______7________7-__
Ohio Seamless Tube, $1.75 prior pref. (quar,)
1-
12-
7V'2% gtd. (s-a)—
Nathan
Strauss-Duquarquet,
Inc.
(stock
dividend), One share of 6% preferred for
each five shares of common held
National Aviation Corp. (year-end)
12-18
.
class A
B
12-20
12-
Nashville & Decatur RR.,
Nehi
2
(quar.)
(quar.)
(year-end)
(year-end)
Ohio Cities Water Corp., $6 pfd. (accum,)-.
Ohio Edison Co., 4.40% pfd. (initial quar.)..
Class
12-15
1-2
2
7-—
preferred (quar.)
Neon
1-
Corp.
' 7:;:
$1.62%
J8%c
25c
87%c
.77 25c
J$1.25
7%c
-125c
45c
45c
$1.50
$1.10
:
12-30
,
(quar.)_
Co.-——^77—
New
—
Ohio Brass,
Co. of America—
12-12
Insurance. Co.—
http://fraser.stlouisfed.org/
Federal Reserve Bank of St.HH
Louis
Murray Ohio Mfg.
12-15
14C
Ccwf-flnnua|,
preference
5%%
:
Mutual Chemical
12-22
Second Fund—
Massachusetts
;
New
Investors
Ogilvie Flour Mills common
9
2
1st pfd. <quar.)___
(quar.)—7—_
12-23
$1.75
Massachusetts
2
9
1-
(quar.)-^—a—^-7—7
377aC
Investors
Nu-Enamel
1-
1-
(special)
(quar.) —^—7
(quar.)-—
(quar.)
2c
com, (quar.)
(quar.)-^——
Massachusetts
,5
12-7
———
$1.50
—
Drydock Co.,
-preferred
12-20
20c
„
—
(s-a)—,—
'
12-12
1-15
$1.50
$177aC
—
(year-end)
common
(quar.)
Co.
preferred
National
(year-end)————
Mascot Oil Co.
1-
12-28
$17%c
preferred (quar.)—
6% preferred, second series
7%
12-19
30c
—
6%
Maryland
12-15
_—————.
(quar.)
preferred (quar.),
(Glen
2
& Telegraph—
Telephone
Common
Martin
12-20
1-
Corp.
Marlin-Rockwell
Marshall
12-31
1-10
10c
(irreg.)_———_—
Marine-Midland Trust Co. (NY) (quar.)—Marion Water Co., 7% pfd. (quar.)_—
Marine-Midland
1-15
25c
—
7%
Ltd.,
_____
12-
Murphy Paint Co., common
12-30
50c
Co. (NY) com. (quar.)
preferred (quar.)___
.
Mapes Consolidated Mfg. Co. com. (quar.)-
convertible
:
Oil
Star
(quar.).—_______—.—..
preferred (accum.)
Northrop Aircraft, common (irregular)
Norwalk Tire & Rubber Co.. 7% pfd. (quar.)
No-Sag Spring
Nova Scotia Light & Power Co. Ltd. (quar.)
National Malleable & Steel
1-
50c
Manufacturers Trust
7%
$7
9
12-15
2
(Toronto,
$$6
$2
North
—
———•.
Manufacturers Life Insurance
7
preferred
12-
_
$1.50
—
(quar,)_
Tire & Rubber Co., com.
preferred
1
12-15
40c
(P. R.), 474% preferred (quar.)7_77
Bros.,'- Inc^——7—7777_:\;
Mansfield
12-
2
1-
$3
——
12-20
7>
Ltd.!———
MagnaTOX Company
'
12-20
.—_
Mines,
Gold
Maine Central RR.
1
40c
,
Corp
& Co., common
Lake
1
1-2-45
preferred—;
Petroleum
1-17
1212-
$1.6272
.
(s-a)
& Abington Telephone
Publications, Inc.—
Macmillan
1
12-22
12-22
_______
participating
$1,50
12-16
lc
(quar.) _
Lykens Valley RR. & Coal Co. (s-a)
Macfadden
2
2-
$2
$6Va
12-22*
2
2
Myers (F. E.) & Brothers (year-end.)
Nash-Kelvinator Corp.
(year-end)———
25c
—
preferred
Royalty
Lynchburg
12-11
$1.75
(quar.)
672%
preferred
Lunkenheimer Co.,
Lusk
'.■■,■
■
Co., common—,
12-11
1-
$2
Lord & Taylor, common
12-18
12-22
25c
_—'
9
1-
3772c
(quar.)
Cement Corp.
8
12-22
15C
Candy
Star
12-30
———————
Northern Ontario
(quar.)..
Northland Greyhound Lines Inc.— 7.-7 7:'7777
12-
preferred
Munising Paper Co., 5%
.(
preferred (quar.)
Corp.
(year-end 1
Loft
Lone
50c
7
■
12-20
(extra)
Power, 6% pfd.
12-22
(quar.)—77—
62V2c
7'7. 7:; 7. j
Corp., $5 preferred (quar.)_ ■
$1.25
$7 preferred
12-23
$1.50
(Marcus)
1- 1
75c
$2 /v;: 1-15
12-20
30c
1-25
1$1.50
(quar.)
Co. (s-a)
12-15
1-
(year-end)—
com.
Br*ass
$7 preferred
12-8
7.;
(quar.).—_______—_______
Loew's, Inc.
Locw's
2
1-
12-20
Corp.
t$1.75
$$1.75
Manufacturing class B
12-12
12-20
$2
11-30
12-30
Ry.
12-20
11-30
75c
Class B
6% prior preferred
1-15
1-
.
'12-20
Northern Illinois
1- 2
& Co., see Philip Morris
(Philip)
Finance
$7 preferred
50c
Corp
12-11
12-20
12-30
$$1.50
$72c
$55y2c
preferred A
Mullins
■
(quar.).—
Aircraft
Lockheed
12-11
12-11
12-20
12-30
7
12-21
12-21
12-30
Northern Central
12-
1-
8
75c
68%c
4—^
12-15
$66V2C
Mueller
—
(monthly)
common
A
$2.50 convertible
12-15
10c
preferred
8%
5%
,—
Joint
,
12-15
12-20
7
8
12-
Corp., class A_.__75c
American Rayon
12-15
12-19
$1.25
50c
(quar.)_—$1.75
Moore-McCorro.ack Lines,
12-15
'
7
,
(quar.)
7% preferred B (quar.)—
1-15
1-15
——'—'—
(quar.)
Co.
Chain
Steel
Extra
North
11-24
62j/2c
12 %c
Ltd.—
preferred (initial)—,——
preferred
(initial)
Corporation, Ltd., common (quar.)„
Motor
30c
Semi-annually
Locke
preferred
Morris
75c
Coal Co.
■
preferred (accum.)
5Va% preferred (accum.)
6%
11-24
$1.22V2
$30c
$$1.37 %
(quar.)-,——
50c
(initial quar.)
Ltd., common
Manufacturing
class
7%
5
$1.1272
(quar.) —
Liquid Carbonic Corp., 4%% pfd.
Little Schuylkill Navigation RR. &
(quar.)
1
12-
2
12-15
12-15
12-20
'
preferred
'
12-
2
„12-22
,v
20c
87'/2c
20c
Corp., class A.
(quar.)__-7.__.w__!
2
1-
1-
1
12-14
50c
preferred
7%'
1-
....
71%c
75c
:
12-20
preferred (quar.)$1.50
1- 2
Ottawa Electric Ry. (quar.)
,
150c
Ottawa Light Heat & Power, com. (quar.) _
J15c V'v 1-1
5% preferred (quar.)
J$1.25 7;;, 1-1
1- 2
Otter Tail Power Co., $4% preferred (quar.)
$1.12%
12-19
Pacific American Fisheries (year-end)
$1
12-14
3772c
&
held
shs.
100
12-12
12-14
12-31
25c
—7_77_7
(year-end)
B
'
8%
Extra
12-31
convertible preferred
>
Pacific Gas
of
each
12-20
Moore
7. 5c
(quar.)
—
Lipton (Thomas J.), Inc., 6% pfd. <quar.)_
'Lion Match ■ 'Co.__________7————___7__7v
$1
sh.
for
12-20
12-20
1-
Orpheum Building Co.
7%
5c
Class
common—7"'
one
2
1-2
Otis
7:
3-15
4-
Co..
common
'
12-20
12-15
6
(quar.)..
$1.50
$1.50
(quar.)...^.
B
North American Investment Corp.—
Montreal Refrigerating &. Storage,
3
1-2-45
$1.6272
A
12-20
$7
11-22
1
7,12-15
7
2
12-13
12-20
3-
11-27
12-28
V
*
preferred (quar.)
preferred (quar.)
Prior
12-30
,
preferred (quar.)—_v_—7^——
Montgomery Ward & Co., common (quar.)—
12-11
———
12-23
7'
2
5%
12-27
-
preferred
—
$1.6272
% % preferred (quar.) ——47.77-c-7712 72 c
Lipe-Rollway Corp., class A (quar.)
6% %
12-12
2
12-20
50c
common
12-15
1-
7
12-20
Semi-annually
——$$1.20
Monongahela Valley Water Co.—
777,7
7% preferred (quar.)—$1.75
Monroe Chemical Co., $3.50 preferred (quar.)
87 V2c
Montana-Dakota Utilities Co., common—„
15c
12-15
12-28
3c
Co.
Petroleum
Lincoln
12-16
1-2
J5c
50c
...
Corp.—
North American Finance
12-1
5
80c
;
(year-end) —.
5%%
6%
12-
(quar.)
Co.
Mojud
Hosiery
(formerly
Mock,
Judson,
Voehringer), 5% pfd. (initial quarterly)—
Molybdenum Corp. of America
Monarch Life Assurance Co. (Winnipeg)—
9
Station Co., 47? pfd. (s-a) ■'777; $2
Liberty Aircraft Products Corp.— ,,
V;.-'
ii 3174C
$1.25 conv. preferred (initial quar.) ______
50c
Liberty Baking, preferred (initial)
Liggett & Myers Tobacco Co.—
'•
$1.75
7%• preferred (quar.)—
—-—7 10c
Lima Cord Sole & Heel——7—7—;--_7-_'
50c
Lima Locomotive Works, Inc., common—';
7, 50c
Year-end
^
5
12- 17
12- 8
(subject to the approval of the SEC)..
1-
12-16
1
1-
5V/2%
2
Lexington Union
Elec.
6
1-15
1
2-
12-29
12- 8.
dividend:
Stock
:
12-
12-30
North American
,
12-13
11-22
-K.
:
12-20
1-
preferred
Containers,
Modine
12-20
2
12-19
$40c
(interim)
Levy Brothers Co., Ltd.
1-
.
25c
12-13
8
1
12-20
preferred
preferred
1st
1st
12-15
12-
12-22
(quar.)__
Modern
11-27
12-22
50c
(year-end)—
(year-end)
$6
$6
12-15
2
12-20
North American Car
2
12-15
2
1-
30c
.___7_i... .7
12-13
2
1-
$25c
Mines (interim)..
Noblitt-Sparks Industries Inc.
12-16*
12-
1-
(quar.)___.
Nippissing
•
12-13
12-20
4.90%
12-14
.77^;: $2-
&
Electric Co.
Roi
1-2-45
$1
7
1
11-25
1-2
12-12
12-12
7,77.
4% pfd. (quar.) —
Wilkes-Barre Corp
———w
Leland
12-27
12-27
1
12-
Mobile Gas Service Corp.—
12-12
10c
Lehigh Portland Cement,
Lehigh
12-27
6272C
(quar.)—-———-———-;
preferred
12-21
10c
common—
12-21
12-30
12-
8
12-
Co.___7i!_.77_.77-777---77-,
Weaving Co. Ltd.
File
Extra
12-14
12-20
^
12-21
12-30
$4
(s-al-
12-30
$3
——-—-
Co.,
4
20c
Extra
6% participating preferred
Participating —
$2.50
7
(s-a)
Va.), common
&
(Richmond,
Corp.
1-
12Vic
30c
$2
Midvale Company ;»rl.-_-^7_^7^77-^7--j^^7777';v 50c
Miller Manufacturing Co., com. (quar.)
^
5c
Class A (quar.).
7 15c
Millers Falls Co., common
(quar.)—25c
7% prior preferred (quar.) —i.$1.75
Minnesota Power & Light, 7% pfd. (quar.)_
$1.75
$6 preferred (quar.)___^___—
$1.50
Mission Corporation (year-end)
25c
Missouri-Kansas Pipe Line, com. " (special)25c
Class B __w_7'-—IVic
Mississippi Power, $6 preferred (quar.)—$1.50
$7 preferred
(quar.)—_
$1.75
Mobile & Birmingham RR., 4% pfd. (s-a) —
$2
12-15
(Sarnia, Ont.)
1-
Nicholson
,
5% pfd. (init. quar.)
Middle West Corp. (year-end)
Extra (subject to SEC approval)
12-19
25c
.
Hone Corp.,
Micromatic
12-11
20c
!
Niagara Wire
12-15
^
12-28
1-
(quar.)
Steel
2
3772c
Co., Inc., common
Insurance
.
12-15
1-
12-15
pfd. (s-a)
partic. pfd.__
6%
.
-
$1.50
5%
Ltd.,
12-11
1-15
$1.25
^"!':'' 15c
(quar.)
preferred
$5
Niagara Share Corp.. class B (year-end)'.!--
2
12-20
87%c
(quar.)
12-
1-
(J. J.) Co., common (quar.)
60c
Newport News Shipbuilding & "Dry -'Dock— 77;:7' ■
Common
(year-end)
50c
12-15
preferred
7
$1.50
prior preferred
;
$1.50
$7 preferred
$1.75
77 $7 prior preferred
$1.75
Michigan Public Service—
■■
■,-77v 7;,;,.:/7:7
6%
preferred (quar.)—
$1.50 1-2-45
6% pfd. series of 1940 (quar.)
__.__„_777
$1.50 1-2-45
:
$6 junior preferred (quar.)
$1.50 1-2-45
7% preferred
(quar.)—$1.75 1-2-45
Mickelberry's Food Products Co.—
$2.40 preferred (quar.)___:
' 60c : 71- .2
6
$1.75
& Investment
Electric
Latrobe
Le
12-20
Telephone Co.,
Distilleries
Y.)
1
12-18 '
Newberry
12-20
(s-a)_--7-.^-.*,7---,^-,-—,"7'7;
preferred
York Trust Co." (N.
New
2
$6
12-20
2c
,
(quar.)_
1-
12-16
$6
12-20
(year-end)
6 7
preferred (year-end) wi_.i_w7_w7__
Landers,. Frary & Clark (quar.) ___•
Leach
12-21
2
Corp. of Delaware, com.
Lamson
■;7
12-21
12-29
•.
1-
s-a) _4__7—7_--__7-
increased
12-29
(quar.)
preferred
$1
■
12-19
12-13
6772C
(quar.)
& Son
(John A.)
Lambton Loan
12-23
,12-23
627ZC
Gold Mines, Ltd. (interim)—_—
Lambert Co,
(quar.)_——I.-,.-—
Lamson & Sessions Co., $2.50 pfd. (quar.) —
LaPlant-Choate Mfg.
2.,
10c
25c
40c
*
.
1-
$1.50
& Co. (s-a.)
^
8
2;
(quar.i
preferred
8
12-
2
—
'
12-
1-
1-
Lamaque
Lang
12-15
2
12-20
1-
(quar.)
Kuppenheimer (B.)
jgX^ra
12-27
8
I2V2C
'
Kroger Grocery & Baking—
6 7?
1st preferred (quar.)
2nd
12-
•
Koppitz-Melchers, Inc.
7%
11-30
$1.1272
Co., common (initial)—.——
preferred (initial quar,)—.
4%%
11-29
12-22
50c
(D. Emil) & Co. (quar.)-.—.—
Knapp-Monarch Co., $2% preferred (quar.)_
Koppers
12-22
12-28
3772c
•
preferred
11-29
50c
—
(quar.)—-
Klein
$2.70
12-16
15c
:
preferred
Petroleum
12-16
J5c
-
67?
7%
3
1-
Co.
&
$1
77'
Meadville
12-22
25c
—
47a%Tpreferred"(initial quarterly)
Kirby
35c
71- 2
62,/2c
1- 2
"7 -$30c
1-17
Memphis Natural Gas Co
10c
12-22
Mengel Co., common (year-end 1
40c
12-22
5% convertible 1st preferred (s-a)$1.25
12-31
Merchants & Miners Transportation (quar.)
50c
12-28
Mergenthaler Linotype Co
$1.50
12-22
Merck & Co., Inc., common
.
25c
12-23
4%%
preferred (quar.)
$1.12%
1-2
5V4% preferred (quar.)___
$1.31 V4
1-2
Merrimack Hat Corp.,. com., (year-end)
25c
^
1- 5
Merritt-Chapman & Scott Corp.—
7,
7 : 77:
6%% preferred class A (accum.)
$10
1-20
Mesta
Machine Co
62'/2c
1- 2
Metropolitan Edison Co.-—
;
: ; : >
7,
3.90% preferred (initial quar,)__'
!
97^c
$5 preferred
'
$1.25
12-15
Melchers
12-22
25c
1
12-15
12-15
6
7
1- 2
12-
1-1
12-20
12-
11-
$1.50
Johnson
Extra
12-15
12-22
75c
8
$30c
25c
75c
12-15
$1.75
12-
12-19
12-19
1-2-45
1-15
1- 2
1-2
1- 2
25c
20c
1-
$1
New
$1.75
New Method Laundry, 6%% pfd.
(accum;).
$1.62V2
New, York Central RR. (year-end) _!!.
$1
New York City Omnibus Corp. (year-end)_.
$1.25
New York & Harlem RR. Co., 10% pfd. (s-a) '
$2.50
Common
(s-a)'•.!_-—!■
--•
$2.50
12-30
of Rec.
Payable
Share
Light, 4% pfd. (quar.),
Jersey Water Co; 7% preferred (quar.)
5
Holders
When
• rer
•■•.
of Company
Name
New Jersey Power &
5
12-
1-15
$$1.11
Mead
12-15
1
75 c
common
Corp.,
12-9
2
7.7
(year-end)
Kidde
Kimberly-Clark
2
12-20
•
377ac
(interim)
Mines
Gold
Kerr-Addison
1-
20c
(quar.)
Corp.
Copper
Kennecott
1-2
1-
,
class A—
(extra)
7
McKesson & Robbins, $4 preferred (quar.),
McManus Petroleums, Ltd., partic. pfd. (s-a)
McQuay-Norris Manufacturing Co; (quar.)_ •
7
of Rec,
12-
12-22
.12-22
$$1.50
Mclntyre Porcupine Mines
12*14
1-
7%' preferred (quar.)
Corp., $1.50 pfd. (s-a)_
Island Lime & Transport Co. (quar.).
Ken-Rad Tube &
preferred (quar.)__^_„„^._„_„_
McCrory Stores Corp. (quar.)
McGraw-Hill Publishing (year-end)
6%
12- 8
2
$1.25
(James R.)
Kellogg
1-
$1.1272
Co.,
Kearney
Kelley
12-20
$1
preferred.—;—
Co., $4.50
Drug
Kaynee
2
25c
Kansas Electric
Katz
4
1-
$3.50
Southern Ry., 47c preferred—'
Power Co., 5% pfd. (quar.)-
Kansas City
12-
$1.50
—-
(initial)-.
Kansas
'
6
1-15
20c
(quar.)
1-
$1.50
& Light—
City Power
Kansas
12-
.
I'
7
Holders
When
Payable
Share
Company
Mathieson Alkali Works, common
25c
7%7 preferred (quar.)___^»„—$1.75
McCoil-Froritenac Oil Co., Ltd.—
: '
7
4
6
$1.25
—;
i
4
1-
(extra)——_
Stove & Furnace
Kalamazoo
12-
$1.25
preferred
5%
1-6
50c
(quar.)
com.
Name of
of Rec.
Payable
* Per
..
Holders
When
Per
Share
Vame of Company
.
Monday, December 18, 1944
COMMERCIAL & FINANCIAL CHRONICLE
THE
2696
.
7—
—7
Ry, Co.—
2
12-
12-30
12-15
1-15
1-
2-
1
1-1S
2-1
1-16
2
$1
15c
$1.33%
75c
1- 2
12-15
1-
50c
2
12-15
12-30
11-30
1-15
1- 2
4-1-15
3-15
12-18
12-
25c
.
8
1-10
50c
(year-end)
(quar.)—.—
Chicago
1-
12-27
"12-20
12-
7*
5
-
Sl.lS
.7.
1- 2
12-11
$1.75
l-'2
12-11
■Volume
1< v
-
...
,
:
»
...
v.
.
rer
.
Pittsburgh
Pittsfielrl
North
&
12-
12-15
Sherwin-Williams
12-30
,7/7-'-,1
Extra
———————7
Plymouth Oil Co. (quar.)
Polaris Mining (interim) _L
Pocahontas
Creek
Huron
Sulphite
ft. Common
ft
,—
Co;
12-15
12-15
12-
Simmons-Boardman
12-
8
1*
Simon
12-22
11-28
12-20
12-14
12-30
12-30
;
12-23
12-
12-22
Sloss-Sheffield
12-15
11-25
5ft
5ft
Brothers
5% ft
&
4
12-
4
1-
1
11-30
1-
2
12-15
f 5c
1-
9
12-
25c
1-15
1-
1-15
Extra
1-5
.
Quarterly
5%
preferred
6ft
preferred
5
preferred
5ft,
Corp.,
—:
$$1.50
1-20
12-31
1-
2
12-20
1-
,
1-
37 %C
2
.
:
12-20
1-2
2
2
:—
12-15
1-15
50c
12-20
12-23
$1.25
$1.25
11-29
$1.75
.
12-29
12-29
11-29
50c
-
12-22
12-12
50c
(quar.)_
(quar.)
7ft
original preferred (quar.)
—
Puget Sound Power & Light—
•
$5 prior preference (quar.)—.1—
Pure Oil Co., 5ft convertible pfd. (quar.i —
6ft
preferred (quar.)
„
Radio Corp. of America, common (year-end)
$3.50 conv, 1st preferred (quar.)—
non-voting
12-22
12-12
-
12-20
2
$1.75
1-
$1.25
1-15
1-
12-
Co.
2nd
Estate
Real
Silk
'■■<'.
7 ft
(quar.)
2-
1
2-20
Springfield -Fire
Quarterly .■
12-15
2
12-15
12 %c
12-23
12-12
Standard Fruit & Steamship
12-23
12-12
12-26
12-15
(year-end)
Oil
Go.
2
12-11
4 % ft
12-11
Standard
2
12-15
Stanley
12-20
11-30
Starrett
12-21
12-
9
1-
2
12-
2
*12-
5%
9
1-
$1.50
$1.50
9
1-
12-15*
2
12-26
12-11*
25c
12-30
12-15
10c
12-26
12-
7
12-26 :
12-
7
$1.37%
-
'
10c
$1.75
1-
2
2
1-
2
12-11
(quar.)
6% preferred
5 ft
Rochester
Roeser
Telephone Corp., common
Pendleton
&
preferred
Roosevelt
Field
Ruberoid
Co.
Rubinstein
,
iHe)ena),
—
A
class
+$1.75
$2.25
$1
preferred: (quar.)
7ft»
(s-a)
Co.
'Extra
St.
12-20
1-
2
12-20
2
12-15
Talcott
l-
2
1
12-11
Savannah
Electric
t75c
37V2c
$1.87%;
LrfKft' 'j4ebentur$, B (quar.)
8#' debenture
A
(quar.)
;
pfd.. (quar.)
$4 preferred (quar.)
SI
,.'&4
preferred ,,(quar.)^_,_,,„,™__^4,r— ■# $1.12,%)({o.
Scqvjll Manufacturing Co. (quar.),—___T,
50c;3-ji
ScTanton Electric, $6 preferred (quar.)$1.50
27V2C
Seaboard Finance Corp., class A (quar.)—_
Participating
9
Textiles
9
4ft
6ft
Acceptance
preferred
Securities
(quar.),-—(quar.)
com.
—
(quar.)
Corp.
General,
common,—,^,—-
$7
preferred
$6
preferred
(quar.)—
Selected
Selected
American
—„
Inc.
(year-end)
—
Co.,
class
Corp——
(year-end),
A (quar,—-.—4-
C—^-end)
preferred '(quar.)
Sheep C'reck Cold Mines (quar.)—,,,——
convertible
12-20
United Stores
2
12-15
United
.'
12-20
Cooler
1-15
Universal-Cyclops Steel
1- 2
7
12-30
12-23
Universal
2-15
preferred
2-
8ft
1
common
Leaf
Tobacco
12-15
Co.,,-common*
Water Associated
12-23
$4.50
12-15
Tim ken
1,2-4.1
Tip-Top Tailors,
7 ft1 preferred
:'71-'
2
77/
—
Van Raalte
Co
1-16
12-22
Ventures,
Viau
Ltd,
Victor
12- 9
II-24
Axle
Detroit
-Class
"6ft
B
&
12-12
Troy
12-10
Tubize
12-23
12-10
43Vft
5c
12-20
12-
9
7%
12-20
12-
9
Twin
12-20
12-
9
Twin
12-
Trust
a
208
Co,,
$1.62%
12-20
12-10
30c
12-20
12-
3-
12-23
12-
5
9
2-15
1
tlOc
12-28
t$1.25
77.1- 2
12-20
35c
12-27
12-16
7
11-30
12-20
$1.25
62 %C
12-
12-21
•12-11
2-1-45
'■1-15
7
12-22
12-12
1-1
12-
1
12-20
12-
9
12-20
12-
9
1-15
11-
6
Wagner
12-14
1-15
11-
6
7ft
12-14
f12-30
12-16
12-30
12-16
6ft qreferred (quar.)
>
—
Common
7
7ft
_*
preferred
preferred
(quar.),
(quar.)
7
—
$2.50
Walworth
Walker
&
class
Co,
class A
preferred
Ware
8
Waukesha
12-22
12-11
Wayne Knitting Mills,
6ft preferred (s-a)
'12-20
12-13
Wayne
River
Co.
;
common
Co
Juice Co. common,—
Pump
Welch Grape
Fund,
.
12-
West
1-
2
12-16
West
12-29
12-15
West Virginia
1- 1
12-16
12-22
12-11
Virginia
Pulp
Corp.
—
1-
$7%c
..71-
1
1-
3c
$S1
pM.
Coach
So.
1- 5
12-4
3
12-15
W°ston
11-22
West
11-22
6ft
2-20
2-
1
1-
2
12-31
$$1
1-
2
12-31
1-2
12-31
12-23
1-
12-
8.
12-14
12-20
1^-15
Tvson
Bearing
12-22
12-15
Union
Bond Fund,
12-20
12- 9
12-
9
12-21
12-
2
1-21
2
12-20
White
2
12-20
2
] 2-
9
Chss
B
,
Corp.
(initial
class A
$4
12-23
12-18
12-23
12-13
12-26
12-16
50c
ouar.)____„
(quar.)—,
—
(quar.),,,—
.
C
--
C
'(quarJ^IZ"II—IZ—Ziri—ZZ3Z-
12-15
11-27
$1.50
1-
2
12-20
1-15
:
12-15
lrl5H
t,
12-15
2
Si 12-30
.12-15
t20.c, 7
$1.75!
l/Ifti ill's:■
12-16
12-30
$1.75.,,}
30c
12-23
1-15
■
$1.06 V'4 7.,
—
1.-17
2-15.,:, 1-17.
$1.12%
cdinmon
(quar.)
Products
12-15
2
1-
12-11
1- 2
.
12-20
,borp.—-,,.
;(quar.),,77l—,^7^77,-
75c.
V
12-23
s
12- 9
12-
4
$1.25
12-23
12- 4
$1
12-27
12-13
50c
12-23
12-11
White Sewing
1-2
100 ft
,
11-27
2
1-
$1.50|fj^'v,?.-15,1,^(
—
Wheeling Steel Corp, common (year-tend)__
$5 convertible prior preferred (quar.)
—
Whitaker Paper Co. (quar,)——
1-
"
(cuar.l—
(quar.)——
class A
Co,
Power
preferred
$4.25
12-11
12-27
$1.50
(quar.)^'TL.7,,4,_77^17,,,
preferred
1-
75c
9
Extra
Penn
4% ft
Co,
(quar.)
Westvaco Chlorine
2-
1-2-45
10-20
12 %C
12-28
12-18
48c
12-20
12-11
80c
12-20
13-11
45c
12-20
12-11
75c
40c
Electric'
preferred
preferred
25c
50c
(quar.)
—
Salle St. Com.
2
West
12-15
12-27
25c
—
$$1
12-15
1-
$1.25,.,
itd, (quar.),——7f__—_7
(George),
$5
(year-end),,—
dividend
La
i
2
1-2
12-26
4$1.75
preferred
Penn
12-23
11-24
12-15
Co,
Ry.
1-2
$1.75
common
5ft
2
12-26
475c
(quar.)
York & Pennsylvania
New
$1.18%
(s-a)
common,,.,,,,,,,,,,,,
Co.,
preferred
1-2
,
$1.75
(initial quar.),—
(initial)
Ltd',, common (quar,)—_
(s-a),———2_—7—,-—,
Westmoreland, Inc! (quar.)
Westmoreland Water Co, 6ft pfd.
(quar,),
12 %c
(initial)
common
Co.
1
t$1.50
(quar.)
Clutch
12-
7ft
12-12
12-20
25c
•7.
(quar.),,
Grocers,
Western
7ft
Ltd., class A (interim)
preferred
Disc
9*
(stock
.
Corn.,
12-
2
V
$25c
Y.)
12-11
1-
1
12-12
2
Water Service—
preferred
1-
$1.75
(quar.)
2
12-20
12-
1-
20c
Paper
&
Western Department Stores
Western
(quar.) _4*._l
(N.
$6
12-30
2
$1.50
,—7
dividend
3
1-
12-23
$1.50
—
Virginia Coal & Coke
Stock
1-
25c
5ft
12-27
12-16
12-11
25c
12-22
Seashore RR. (s-a)—:
West Texas Utilities Co, $6 pfd. (quar.)
2
12-20
25c
Oil & Snowdrift Co, Inc.,,...
1-
2
1-2
12-30
25c
West Jersey &
50c
8
57c
Wesson
7 7
12-
12-8
50c
—
—
(year-end),,
Inc.
12-11
Z
12-1
12-
$1.50
11-27
$1
12-14
12-20
50c
—
11-27
$2'
(accum.)
4-10
12-18
$3.50
(quar.i
12-20
rv
1-10
30c
(s-a)_7_———
RR, gtd.
Motor
12-20
10c
1-20-45
62 %c
(s-a),i_,—_,,,
$15
■7-7
$1.75
5c
(quar.)—7__4————77
6ft
Co,
8
4
3-10
'
B,_,—
12-28
;
3-20-45
25c
12-15
11-24*
9
$1.50
9
12-15
2
12-
•
12-15
1-
7-16
1-45
12-20
$1.75 4-20-45
4
;
7/
12-23
20c
Baking Corp, common (year-end),
1-2
$1.75
preferred ■ (quar.)
,7
—
1- 2
75c
$3 2nd preferred (quar.),—-——7—l_v
50c
12-20
Wagner Electric Corp. (quar.)——4u_,
'77', 25c
12-18
Waldorf System, Inc. (quar.)
4—
7 ft
12-
50c
4-16
1-45
$2.50
—
12-
25c
5-
37 %c 8-
(year-end/_
r
1
710c
37 %c
preferred
(quar.)
Vulcan Detinning Co, common
12-26
I
37 %c
(quar.)
preferred
12-26
j
$1.12%
Co.
Bennington RR.
Ravon
Stock
9
12-31
12-20
6%
5
2
-
(quar.)
50c
1-15
1-2-45
6ft
share for .e°ch share held
35c.
1-
1-30-45
25c
—
15c
(interim)
preferred
12-23
12-18
1-20-45
$2
10c
12-15
•V' 1-
2
(year-end)/,,,—
common
Trust
preferred
"ift
,11-30
12-20
2-24
12-30
12-12
62 %c
5ft.
2-
4,,——
&
fdiv.) 1/14 of
Traihnotile
12-27
12-18
1-15
Chemical
1-
Co
Traders Finknce Corp.
;llr30
26c
1-17
,
2
3-15
•12-16
$2.50
Oil Co.—
Ltd.,
General
Bank
Tmde
12-6
$1.50
1,
12-22
1st pfd. (quar.),,
(interim)
1-
Tonopah Mining of Nevada,;
Tooke Brothers, Ltd.
(interim)
"•
..
2-1
$1
7
2
I-
T$1
;j
12-12
42%C
preferred ,(quar.)———,—
Works
(year-end)
Virginia Electric & Power, $5 pfd. (quar.),
Virginian Railway Co, common (quar.)
1
12-11
12-28
$1.75
1-30
Co, 7ft
12-
12-20
2ft
^—-4,4—-/—
.1- 2
Ltd.
12-7
12-21
$2
Van
Norman
12-15
12-21
25c
—-
12-20
$5c
(quar.)
preferred
Toronto
1-2
12-13
50c
12-15
'
$20c
-
1-19*
w?
12-13
12-23
(year-end)
Shovel
1-15
2-1
2
1-2
$7 ,7 12-21
(interim).
7
Upressit Metal Cap Corp., 8ft pfd. (accum.)
Utah Radio Products, common
—_—.4
Utica Knitting Co, 5ft prior preferred (quar.)
Van de Kamp's Holland Dutch Bakers, com.
$6.50 preferred : (quar.)
12-15
1- 2
7
50c
12-31
If!, 2
5-26
1-
20c
Upper Canada Mines Ltd.
12-30
25c
Tide
.12-11/;
6-11-45
$15
Co., com,. (quar.)
(quar.),—4—.
Winding
$62%C
(year-end)
,,1—
9
•/12T>1,1v
2-26
3-12-45
40c
2
1-15
(quar.)
12-
2
2
2
40c
(accum.)
preferred
Universal
12-30
10c
1-
2
1-
7-
12-23
IOC
Co
Ltd., $3.50 preferred
2
2
12-15
4-
(year-end)
12-15
Wellington
Inc.
1-
12-
2
1-15-45
$1 class A com.,,—
Corp.,
12-29
1
Thew
1-
1-
$1.25 7-16-45
Inc7(s-a)_,4,————
Universal
1-
Tba.vers
1-
2
$1.25 4-16-45
$1.25
(quar.)
Corp., $6 pfd.
Utilities,
12-30
68 %c
Textron
2
12-16
12-26
50c
62 %C
(quar.)—,,—
(quar.)
A
11-29*
Co.'"7'7
(N. Y.)
1-15
12-
9
12-22
$3c.
Co.
2
2
12-
3c
$1.25
preferred
Trust
S.
1-
1-
12-23
10c
25c
U.
1-
12-20
12-70
12-11
18c
l"-*>0
..
Sharon Steel Corp.,
$5
Inc.,
12-20
Securities
Leather Co.
Seton
■Shaler
Shares
Sugar,
6.4%
62% C
12-15
1.2-20
$1.75
(quar.)
1-31
112-12
3-
12-18
2
37%c
Corp.,
1-
•
1
12-22
1
1- 2
1 !4c
& Malting Co.
Brewing
Securities
12-20
Trust—
Ry„
Land
&
preferred
5c
Reatt.%
12-10
(quar.)_____
(quar.)
common
Pacific
Oil
12-
1V4C
^
12-20
$1.18%
preferred (quar.),,,————
$5 preferred (quar.)
6.4ft
preferred A (quar.),,
2-
preferred
$2.50
Corp.,
&
12-
$1.37%
^ott'Paper bo..,
1-10
$1.12%
1-2
$5
$1.25
(quar.) —-,_4—,—
1-15
;
$1.62%
6xkdebenture D (quar.)
'debiejit'ure C (quar.)___,-.----,-.r— —$1.75
.
1-20
(irregular)——_
Lithograph
preferred A
$5 preferred
conv.
S.
12-22
30c
'
t25c
...7%
Schenjey,Distillers Corp.. 5.%%
5ft
U.
1-15
2
1-2
75c
7,
(year-end)
(year-end)
proprietary int.
Power Co.
&
I-15
1-
75c
(quar.)
(year-end.)
shares
12-20
62y2c
$1 ?5
A
Certificates of
1-
12-30
1
2-. 17
12-15
$3c
(quar.)
Sub
Inc., common (quar.),—75c
Corp., 4%
2
2-
2
$3c
Products/—
12-26
Texas
Paper
shares
(James),
Texon
Croix
1-
7.
1-
12-20
U.
Co.
6
12-15
50c
12-15
Potash
12-
12-30
40c
2
&
6
12-21
35c
—
States
12-
75c
& Foundry, common
S. Printing
12-21
25c
Cauar.)
12-12
4
Lawrence
40c
(s-a)———
pref,
12-15
United
10c
4
St.
12-20
40c
5% ft
12-
(quar.)$1.25
Co., 6% pfd. (s-a),,^,
S3
12-16*
2
25c
1- 2
2
3
1-
$1.75
1-
i
12-15*
1-
50c
12-15
4
30c
—
12-27
1-
3
1-
$1,757
(quar.)
common
2
'
i
ft
12-27
•
8
12-15*
10c
Land
12-
3
25c
Pacific
12-20
3
1-
$1.75
—
2
50c
Texas
1-
11-13
25c
:
(quar.)
7ft prior
Co.,
8-10
2
25c
—
1-
12-11
12-12
1-
12-22
Lines
5-10
1-
(irreg.)
1-
11-30
12-11
12-15
9
S.
2-10
9-15-45
12-
$1.75
4.7—i——
preferred
11-16
6-15-45
50c
—
Co.,
1
3-15-45
50c
(quar.)—,—
U. S. Playin'g Card
(quar.),—7——
United Scates Plywood Corp. com, (quar.)
4%ft preferred (quar.),
434ft preferred (quar.)
1-
2
7
1
Gypsum
U. S. Pipe
1- 1
participating preferred (quar.),—
Tamblyn (G.), Ltd., common (quar.)
Preferred (quar.)
—
Teck-Hughes Gold Mines, Ltd. (interim)—
Temple Coal Co.^, $6 preferred,,———._
Tennessee Alabama & Georgia Ry, Co.,,—
Texas Company
(quar.)
2-1-45;
■
1-11
12-22
$1.25
12-15
1-
12-
S.
U.
1-15
$1.25
America
Electric
Taggart
1-
12-
8
12-20
—
(quar.)
Co., class A
Special
.^,4,
:
(quar.)_^
preferred
5ft
.
12-
pfd. A (accum.)—
Regis Paper, $2.50 prior pfd. (quar.)—
5%
2nd preferred (quar.),_
St. Lawrence Paper Mills. 6% pfd. (accum.)
San Francisco Remedial Loan Assn.
(quar,)
St.
1
12-23
preferred
of
Co.
Class
12-23
Safeway Stores,
5ft
12-20
12-28*
3
12-
22 %c
(s-a)—_
Gauge Co., */% pfd. (s-a)7,7,—74//,
S. Guarantee Co. (N. Y.)—7——7—r4—■
U.
(quar.)____
Tacony-Pahnyra Bridge Co., com.
12-12
>12-20
12-15
12-15
12-29
$1.25
(quar.)
Sylvanite Gold Mines, Ltd., common
(quar.)
1$1
Safety Car Heating & Lighting
f**.'
12-21
1
+30c
(quar.),,,,
■
Russell-Miller Milling
&
2
80c
25c
.
(quar.,
Ltd., common
Russell Industries,
-
(year-end),—.——
Inc.
(year-end)
Swift
,1-
15c
20c
$1,62.%.'
20c
11-
12-20
1-10-45
25c
Co.
Co.
1-
.
■
1- 2
1-
—50c
(year-end)—37%c
Tool,,
Co.
Mining
Superheater
.1-
25c
Inc
12-18
10c
$2,30
—
8.
U.
6-16
20c
Sunshine
•Bearer
;
U.
3-16
7-2-45
50c
pfd.
conv.
(irreg.)
preferred (quar.)
7ft
11-27*
12-11
Sylvania
150c
50c
62%c
$2
20c
preferred
prior
Foil
S.
4-2-45
-
7% ft
—
A
12-20
12-20
12-20
12-14*
45c
class
1-19
1-15
12-20
Sweets
2
12-16
Class B
2-15
12-20
12-18
1-
Co.,
non-cum.
Q.
2
12-28
$1.12,/2
Inc., common (reduced quar.)
Brothers.
$6,50
•___
quar.)
(quar.)—
Cable Corp.
Rome
Roos
(in'V'al
preferred
4Vz%
•
:
(s-a)—
Superior Steel Corp
12-21
1-2-45
$1.25
(quar.)——,
A
7ft
2
12-18
$3
60c
preferred (s-a)
,
Metal Co. (year-end)
—
Riverside Silk Mills, Ltd.—
$2 nartic. class A pfeferred (quar.) —
Robertson Mfg. Co. Ltd., common (quar.),,,
Preferred
(quar.)
Rochester & Genesee Valley RR—;
6ft
Riverside
$1.25
$1.06V4
$3
31V4C
12-18
'"ft-ft"
Mills—
Cotton
River
& Dan
Riverside
(interim)
partic. pfd
class
12-20
1-
12-15
5
12-15
class- A
1-15
1-
12-28
12-
12-15
1-2-45
$1.25
—'
—
& Canal
non-cum.
4ft
$25c
12-30
River Raisin Paper Co
1-2-45
50c
Corp.,
non-cum.
12-20
$75c
preferred (quar.)—
75c
Sterchi Bros. Stores, Inc., 6ft pfd. (quar.).
7%c
Sterling
Engine, common,^..,,,,—
77. 10c
Sterling Inc. (year-end)
,:':'7/' 25c
Stix, Baer & Fuller, common
25c
Stokely-Van Camp, 5ft prior pref. (quar.),,
$1.25
_
National
4ft
1-15
75c
$$2
(quar.),,—_
(quar.)
Ltd., common
5c
tquar.)__
preferred
preferred
Machine
12-15
53C
Ltd.—
Co.
Ordinary registered
47e
convertible
Sundstrand
:
1-2-45
Jersey 1—
Lithograph
Bros.
12- '7
58%C
$10
(accum.)
Co.,
5ft
(L. S.) Co
12-28
>
United Molasses
U. S. Casualty
12-20
12-15
12-27
15c
pfd.
Strawbridge & Clothier, $5 pfd.
5ft
preferred
(accum.
12-15
V>1- 2
50c
$1.50
20c
25c
.
6ft pfd. (quar.)
iquar.)__—
Inc., common
2
.
12-15
Rieke Metal Products
Ritter Co.
1-
2
12-30
;
$1.25
5% preferred (quar.),:
V
12-29
%5c
;
5ft
6
9
12-11
2
50c
.
preferred (quar.)
preferred (quar.),;
6
-
12-15
1-
Screw
preferred
6ft
'
25c
preferred
Works,
Stedman
12-21
12-30
5ft
;
1-
$5.17
(monthly)———
12-
150c
50c
-
(quar.)
Stecher-Traung
12 %C
prior preferred
12-
12-19
12-
Corp.—
Ltd., 6V2ft
(New
preferred
1-
$1.75
(quar.
(quar.)
5ft
Co.
25c
preferred
Richmond Water Works Corp,
Standard
12-11
$1.75
$1.25
$1.25
$1.06%
ft;:;.'7:
$1.25
(accum.)
preferred
$3
Standard Fuel
75c
.
Brothers
5
1-2
$4'
,•
—
-
2nd
12-
12-22
1-
30c
$1.12 %
—-
1
Corp., common——————
6ft prior preferred (quar.)
6ft
preferred (quar.)
Reymer & Brothers, common (irregular)—
Reynolds Metals Co., common
5%ft preferred (quar.)
.
Reynolds Spring Co
Reynolds (R. J.) Tobacco, com. (year-end)
Class B (year-end)—,
ft'
Rice-Stix Dry Goods Co., 7% 1st pfd. (quar.)
7ft
12-14
2
1-
25c
Steel
Richman
Square D Co,t 5ft
4
12-21
'
2
12-22
$1.75
—
Inc
Motors,
(quar.)
1-
75c1
•
12-29
t75c
6ft prior preferred (monthly),,—,—
United Merchants & Manufacturers—
12-20
25c
—77;;:
1-2
$1
(year-end)
Remington Rand, Inc., common-—
$4.50 preferred (quar.)
Rensselaer & Saratoga RR. (s-a I
Republic
.
preferred
$7
<12-20
1-
12-22
12-15
12-15
t30c
Co.—
12-20
$1.121
$30
1-11
t$l
2
2
Co.—
& Marine Insurance
$1.25
12-
2
50c
(quar.)
preferred
(quar.)
Remington Arms Co. Inc., com.
12-21
1-
12-27
(year-end).
(Canada)
Illuminating
6.36 ft
12-30
12-6
—
convertible pfd. (quar.i,,
Squibb (E. R.) & Sons, $5 pfd. A (quar.)
$4.25 preferred B (quar.),—
Staley ( A. E.) Manufacturing Co.—
'\7
$5 series preferred (quar.)
Standard Chemical Co., Ltd. (interim)
Standard-Coosa-Thatcher Co.
(quar.),,
1-
$1.50
;
7 ft'
Reo
12-14
.
Reliance Manufacturing Co., com.
12-21
12-31
Springfield Gas & Electric Co.—
12-30
2
1-
50c
prior preferred, class .A,,,,,/ft—-Mortgage Co. (Birmingham), pfd—
Reliable Stores Corp., common <quar.)__—
preferred
Extra
;
1-25
$1.50
7ft
conv.
1-25
(accum.)
$6 pfd. A
Investors,: Inc
2-28
75c
Realty
5ft
Natural Gas,
Southwest
Sovereign
(s-a)—•—
preferred;- (accum.i
%
12-31
United Light & Railways Co. (Del.)—
7ft
prior preferred (monthly),,;—
35c
$2.50
10c
Quarterly
12-11
4
.—
Mills, Inc.—
Hosiery
11-30
7ft
37 %C
Canada
of
Co.
Loan
8
12-15
2
25C
(Pa.), common (s-ai —
(quar,),,,,,_.-u
preferred
Real
12-23
Equities
12- 4
$1.50
Railway Equipment & Realty Co. Ltd.—
6ft
1st preferred (accum.)
—4—-4—
Reading Gas Co.
Gold
12-18
12-
(quar.)
Rayonier, Inc,$2 preferred
Gas
1-
12-30
1-15
12-20
7
United
United N. J. RR.
$1.50
$1.25
\
United
12-6*
7
12-22
1-15
$1
ci. P» (year end)
United
12-20
pfd. (quar.)
Southwestern Life Insurance .Co. (Dallas)—
12-11
12-29
—
12-11
United
5ft
12-20
75c
preferred (quar.),—,4—
Corp., $7; pfd
4
12-11
& Elec.,
50c
425c
A
12-11
(quar.)
12-11
12-11
"
Investments—
class
2
Gas
12-20
(stock dividend)
Chlorine Products
Corporations, Ltd.,
United Fuel
2
$6 preferred
12-2
1-
Westvaco
stock
1-15
12-23
••
Power
12-
2
1-
in
common
1-
Southwestern
8
1-30
20c
87 %c
Quaker Oats Co., common (quar,)———_
6ft preferred .(quar.)——4-—
Quebec
1-
$1.50
2
12-11
2
;
(quar.)
Chemicals, Inc.
Payable
6ft
Co.
1-
12-22
$1.25
12-20
f 10c
Carbon
12-11
preferred
.
12-20
36c
—
12-20
—.,
'
12-11
50c
Extra
"
8ft
Ltd
2
Water Co., 4%' ft pfd. (quar.) $1.12%
Sugar Co., com. (irreg.)—
$1
(quar.)—;
'
$2
South West Penn. Pipe Line (quar.)
50c
Southeastern Greyhound Lines, Inc.—
100ft
Common
(stock dividend)
Southern California Edison—
7.7,
5ft orig. preferred
(quar.)
37%c
5 % ft
preferred class C (quar.)
34%c
Southern Canada Power Co., Ltd.—
Common
(quar.)____„____4_^_,_4_^__^__
$20c
6ft part, preferred (quar.)
t$1.50
Southern Pacific Co.
(quar.)
75c
Southwestern Associated Telephone Co.—
7/77,:
12-15
7
12-11
12-20
Co
Share
South Porto Rico
12-15
1-
&
South Pittsburgh
12-15
1-
58 %c
Drill
12-28
5%
preferred
(quar.)
ft
:
62%c
South Carolina Power Co., $6 1st pfd. (quar.)
$1.50
South Penn Oil Co. (quar.)—40c
Extra 1
$1.60
12-
1
12-20
$1.50
(quar.)
12-28
7V2c
8
50c
voting
9
United
:
(quar.)—
8
—
common
12-11
12-
(quar.)—
preferred
(quar.)
7ft
12-11
12-21
12-
$5 preferred
Common
United Bond
12-21
12-22
Public Service Electric & Gas Co.—
Publications
12-12
Twist
United
12-22
v;
(quar.)
12-26
...
(quar.)
Hungerford), common
1-
9
25c
(quar.)
Stock Fund (quar.)—,,,
7_',_,44—
7—
Extra
■
11-27
25c
Public Service Co. of Oklahoma— ft/,:,
.
(J.
.
;
RR.
Union Preferred
<12-20
40c
of New Jersey—
(monthly)
—
preferred
Union
;
United
Extra
Public Service Corp.
6ft
1
12-12
12-9
iquar.)
41%C
(monthly)
(monthly)
(monthly)
preferred
7
12-
12-26
$2
6%
preferred (quar.)
$1.50
Smith (L. C.) & Corona Typewriter, common
50c
$6 preferred
(quar.)_„4„—$1.50
Sonotone Corp.
5c
Soss Manufacturing Co.
(year-end)
12%c
(N. Y.)
Colorado—
of
12-23
South Carolina Electric & Gas Co.—
-——————
Co.
(Howard)
Smith
12-23
1
12r
.
12-14
17c
Fund, class A
44,,4_'—— ;
12-
Union
2
:
12-22
75c
(quar.)—
Corp.
12-22
12-14
50c
Stock
(quar.),
2
2
& Iron, common,/.,^,^
(quar.)
Paper Mills Ltd.—
preferred
6%
r
B
Pacific
1-
1-
.—I,—--'
ft,
Trust Co.
Public National Bank &
Service
Smith
4
12-
t$1.37%
$2.50
(s-a).
Providence Washington Insurance Co.
7ft
12-
2
Ltd.~
Co,
preferred (quar.)_,,_—„
Propper-McCalium Hosiery, 5% pfd.
Proprietary Mines Ltd. (interim)
Prosperity Co., class A
PUblic
2
2
1-
(quar.)———6%c;
(quar.),,,,,—; 62%c
preferred
2nd preferred
Price
11-
25c
Inc.,.common
Car Co.,
1st
Class
1-10
15c
30c
(accum.)—s
A
Carbon
&
12-
15c
Paper Corp.—
Common
1-
;
—
of Reo*
12-20
10c
12-29
$1.25
$1.25
$3
(quar.)—
Steel
preferred
$1.20
25c
Pressed Steel
A (quar.)
Corp,, 6% pfd.
Sloane-Blabon
6
1-15
prior pfd.
5%
preferred
5 %
12-20
'
—
Holders
Payable
25c
11-30
5c
Skenandoa Rayon,
12-23
12-30
Premier Gold Mining Co., Ltd.—-———tic
Pressed Metals of America, Inc
.
25c
(quar.),,
common
Corp
&
Carbide
'. Union
8
12-30
30c
$15c
$$1.75
5c
Extra
12-23
12-
1-29-45
4;
(quaf.)_„
Paper
Bag
Extra
_w_
& Sons, Ltd.,
preferred
Union
1
Publishing—v
(special)
(H.)
7ft-
Simplex
Share
.
(year-end)——
Corporation
Union
1- 2
preferred
Common
1
•
2
12-22
10c
(year-end)
4ft^ non-cumulative preferred (quar.)—:— ft ' : $1
Pratt & Lambert Inc. (year-end)
I
ft., 50c
-
2
Paper—
&
(s-a)_,$2c
of Canada Ltd.—
Co.
*-•.*>
.<..
15c
Udylite
10-26
1-
12-22
50c
(quar.)—
12-
12-21
1-
*5c
50c
50c
25c
10c
-r
Manufacturing Co. (quar.),
10c
(quar.),,,—,_,4_—1,
$$1.75
Sicks Breweries, Ltd.. (year-end) ______—175c
Sigma Mines (Quebec), Ltd. (Interim);
t30c
1%
flame of Company
of Reo.
12-
When
Per
Holder s
Payable
12-21
(quar.) ,4,—ft-—
Co.
Mines Ltd.
Sherritt Gordon
9
2
1-
When
,
Share
12-30
2
1-15
Plume & Atwood
Port
G.)
(Frank
12-20
———-
,
Per
..
Company
12-21
Shattuck
11-27
25c
Co
Tool
Plough Inc.'
Pond
1-
$2.50
(s-a)__
RR. Corp.
Adams
Name of
of Reo.
12-21
10c*
,
' V
..' •' ("
Homer*
Payable
Co., class B preferred——$2.50
Nut & Chocolate (quar.),—$2.50
Pittston
Planters
Plomb
Corp..—,-v
Bolt
&
Screw
When
-
Share
flame of Company
2697
CHRONICLE
THE COMMERCIAL & FINANCIAL
Number 4343
160
40c
12-20
1
12-11
$2
(vear-ehd)—————
Co.
Motor
Machine Corp.—preference (accum.)
prior preference (quar.)———
50c
Whitman
(Wm.).
preferred
7ft
Water
Wilsil
Ltd.
5ft
preferred
Wi°cohrjn Electee' P^wer Co.—
6ft
nreferred
(1897
series)
.;
"
1-15
1-1
12-22
1-
1
12-22
1-
2
12-20
12-30
11-15'
$2
{*.?>*»}'■■
(nuar.)_——-
1-20
12-16
$1.25
,,_,;77|7%'t.
(quar.)
1-20
1
1-1
75c
Inc.,
Winnipeg Electric,
2-
$1.75
7ft
Co,
1
$1.75
iouar. I
preferred (quar,)—
6ft pfd. (quar.),—
$5 prior preferred
(quar.)—:
——
Will & Baumer Candle, 8ft pfd. (quar
Wichita
Wieboldt stores,
2-
50c
converitble
t$2!50
i25c
1-
1-2
2
1.2-1
1-31
1-15
'
$1.50
& FINANCIAL
THE COMMERCIAL
2698
Monday, December 18, 1944
CHRONICLE
t1
When
;
of Rec.
1-
2
10c
12-28
7%
4%Vc
conv.
6%
7%
preferred
12-11
1119993258204876
4
__
12-21
12-28
12-16
112-28
12-16
Wright-Hargreaves
$1.75
12-28
12-16
Wrigley
preferred
20c
12-30
12-15
(quar.)
"/Worcester Transit Associates (year-end)_
(year-end)
Common
12-22
_____
11199943028673240—
of
12-
gross
2-1-45
4-2-45
3-20
railroads for the month of July
railroads. Net
earnings however, due to the increased operating costs, did not come
up to the record high of $332,944,921 reached in August, 1943, nor
did they exceed the figure attained in July, 1943.
v
Gross earnings in July, 1944, were $809,038,158, as compared with
$791,140,288 in July, 1943, an increase of $17,897;870, or 2.26%. The
ratio of operating expenses to earnings increased from 58.98%
in
July, 1943, to 64,90% in July, 1944, so that net earnings fell to $283,981,413 in July, 1S44, from $324,513,647 in July, 1943, a decrease of
$40,532,234, or 12.46%. We now give in tabular form the results for
the month of July, 1944, as compared with the corresponding month
earnings of United States
Gross
a
,
monthly high in the history of the
new
Given
'"A A
July
;
Inc.
Year
Preceding
308,040,791
463,684,172
-AAA
1913—_A__
A-;
11992343675408—
1914A-A-.
346,022,857
224,751,083
—„_
1912—
245,595,532
A 235,849,764
252,231,248
i^_—.
;262,948,115
1915——
.A; „:A—
—__
+
+
'
'
-
Mileage of 131 roads
AA-A+ 1913
229,124
228,567
*_•
+% A
A),■ ■ + A/'A 557 — 0.20
Amount' +.
.
2,324,115
226,654
+16.44
220,459
218,918
earnings$809,038,158;
Gross
$791,140,288
+
525.056,745
(64.90%)
466.626.641
(58.98%)
+ 2.26
58,430,104
+11.56
+
Operating sexpen,seS
Ratio
$17,897,870
of
Net
i-_-i___^_
earnings
to
expenses
,
.
$324,513,647
$283,981,413
earnings
When the roads are arranged
,
according to their location, it is seen
divisions
that all of the districts record
reports a loss.
loss of 2.27%,
has the largest decrease and the Southwestern region in the Western
District, with a gain of 5.90%, has the largest increase.
In the ease
of the net earnings every district and region reports a decrease with
the single exception of the Southwestern region in the Western Dis¬
trict, which reports an increase of 1.97%.
The Southwestern region
in the same district, with a decline of 25.78%, has the distinction of
having the biggest falling off.
As previously explained, we group
the roads to conform to the classification of the Interstate Commerce
Commission.
The boundaries of the different groups and regions are
-Gross
f
District and Region
Great Lakes region
<23 roads)____A.
roads)
Central Eastern region (18
G. 25,824,497
161,641,454
—
315,167,331
__!
Total (51 roads)
Southern District—
Pocahontas region (4
160,631
313,067,222 +
2,100,109
+
142,261,093
j.
+
128,202
+
83,699,470
Northwestern region (15 roads)
187.590,104
roads):.
region <20 roads)
75,123,020 A
791,140,288 +
17,897,870 '+ 2.36
-'Net Earnings
8,278,775
48,914,015
24,020
49,995,898
+
60,275,061
;
'
Southern District-
Southern region—,*
56,292
96,482,287
118,828,811
;
37,406
+'A V"\ +'!
—
22,346,524
..
37,361
"
6,016
6,002
43,422
43,363
42,642,914
6.34
2,803,*928
2,835,679 —15.56
—
18,861,929
39,838.986
15,926,250
—-
61,504,843
55,765,236
5,739,607
—
9.33
—
_
_
45,598
45,527
27,678,032
37,293,952
—
9,615,920
54,925
55,124
72,836,403
76.268,658
—
3,432,255
30,617,383
31,219,455
+
?
602,072
28,617
28,759
-J.29,140
129,410
131,733,890 v
144,179,993
Total all districts—223,567
229,124
283,981,413
324,513,647 -^ 40,532,234
_
Total_.
—
12,446,103
—25.78
grouping of the'roads conforms to the
Commission, and the following indicates
Note—Our
groups
and regions;'
A
..
■ •
>
A
;
.
+
1.97
—
Lakes
Great
New England, and
*
Chicago, via Pittsburgh to New York.
Central Eastern Region—Comprises the
•;
section south of the Great Lakes Region
frbm Chicago through Peoria to St; Louis and the Mississippi River to the
of th$ Ohio River to Parkersburg, W. Va., and a
to. the southwestern; corner jof Maryland and by the Potomac River to its
feast of a line
mouth of
the Ohio River, and; north
thence
line
'
.•
southern district
mouth.
A
.
Region—Comprises the section east of the Mississippi River and south
of the Ohio River to a point near Kenova, W; Va., and a line thence following the
eastern boundary of Kentucky and the southern boundary of Virginia to the Atlantic.
Southern
Pocahontas
Region—Comprises
the section
north
of
the southern boundary of
Kentucky and the Ohio River north to Parkersburg, W. Va., and
south of a line from Parkersburg to the southwestern corner of Maryland and thence
by the Potomac River to its mouth.
east of
Virginia,
WESTERN
west of the
to Portland,
Region—Comprises the section, adjoining Canada lying
north of a line from Chicago to Omaha and thence
and by the Columbia River to the Pacific.
.
Northwestern
Region—Comprises the section south
line from Chicago to Peoria and thence to. St.
Central Western
.
.
west
of
from
St. Louis to
to
the
a
Pacific.
of the Northwestern Region
Louis, and north of a line
Kansas"f.City and thence to El Paso', and by
' !if".
'
•
the Mexican boundary
.
233,383
+
119,976,079
+ 32.83
232,273
232,803
+179,782,039
+ 37.04
231,047
232,270
retention
The
+18.94
17,897,870
229,430
231,046
2.26
228,567
229,124
+
Earnlngs-
8,890,588
+
3,265,787
—
998,911
—
$67,267,352
A
64,354,370
+
+
109,882,551 '
+
161,079,612
.
v
160,874.882 +
—
—
96,983,455
—
A
175,671.979
283,981,413
+
9.32
+
22.37
,—23.58
—22.69
51,096,084
28,465,456
50,857,523
—52.44
.
+117.74
'324,513,647
2.85
—
—21.49
+ 68.75
+ 16.99
+15.00
+ 56.37
+18.14
49,834,688,
40,532,234
mat te r,
added:
throw
budget out of kilter if not
a
tee
they are
AAA A A '■•■+
flow if
we
effective
•
and which
and in the air . must
cooperation
the United Nations Which
insure final
must" continue after the
of
peace.
All over the world peaceloving men and women are deter¬
mined that this cannot occur again.
Everything that we do must be
dedicated to that objective."
The
President
a letter to Col.
O'Laughlin, editor
of the "Army
on
versary.
Journal,"
its "United
and Navy
publication
Dec. 7
structure
from
are
Callan
John
a
declarations by the
above
"This
in
edition, issued on
the Pearl Harbor
anni¬
The President also
standing
has
said
one
triumphant success.
a
"We
are
now
making .individual
to
believes
The Com¬
it.
combat
efforts
intend to keep and
the: Annual
them
Budget
assist
Control their current fi¬
to
nances
intended - to
is
Check-up
hold
until they ma¬
Bonds
War
the
further,; that
so
be able
that they may
of their wartime sav¬
to hold all
A'-.-A
ings gains.
13.000 .miles
part , from" each other.
Although
we were obliged to fake the de¬
a
fensive when the attack was
a
year
of out¬
accomplishment for the
.
River armed forces of the United States.
Paso, During the last year our Army,
.7
A
;
waging major of¬
operations
fensive
first
honored
district
"
•
at j a
'*
'.-I..
,•'*
1
way,
commencing
and resources: were> fully
mobilized—to strike him on his
Emil
Schram,
own
home
own
grounds at points of
That was the
choosing.
strategy from the
beginning—that
is the strategy today.
"As
defensive
fighters
fighters
the
on
offensive
American soldiers and
forces
send against
our
as
the
sailors and
that they can
slug it out victoriously
armed
and
with any
enemies
may.
them.
"But in the midst of victorious
3,
advised
stated
Service,
that
..A
1'! „• .1. 'i
"among
and Broad¬
*8:45 •'A.M.
at
President
who
Exchange,
Dec.
J
half-hour - service in Trinity
to strike the enemy as soon as our
our
the
community's war dead on Dec* 7
Church, Wall Street
power
the
and others in
Stock Exchange
financial
York
New
the
of
Members
made,upon us, .it Was .our; strategy
from the beginning' to move out
airmen have proven
been
,
are
has done so much to
building
the
of
inflation, and
of
land, on the sea
to at-'^
that victory. Everybody on a Navy and Air Forces have taken
job must stick to that job. A part in 27 different D-days—each
for
American
aware,
of war. which America has turned out
given us superiority on
victory
Commit¬
the
fully
are
dangers
grave
that
Thrift
that
believes
people
A
in advance. /AAcA'-'+A
National
mittee
"ultimate victory is inevitable," President
:A:V+;;;A
amusements,
hobbies,
—12.46
Against Relaxing Determination
;
And
"smokes" and refreshments, which
ture,1 and
continue to
for
savings and loan shares,
and other sound investments.
.VC" in the budget is for Cash for
the unnecessary things - that"give
color and zest to life: the reading
their
But Warns
Gain,
accounts, home ownership, life in¬
surance,
people
"The weapons
war
Savings for Net
Basic
+ 76.82
-
21,166,900
13,140,075
13,566,414
Necessary Living
which include War Bonds, savings
The
emphasizes that "in the meantime the American people
must not relax for a moment their inflexible determination."
The
tain
for
lined up
71,571,639
99,033,789
.
All
for
is
—31.61
2,893,738
—
by the Committee.
recommended
—14.96
44,052,680
—
274.705,768
•
—22.03
10,108,077
104,100,340,
-
"+15.35
54,334,821
31,234,339 +
+
■
175,671,979
+ 24.89
21,435,011
35.436,548
+
A+46,148,017
98,803,830
67,586,762 +
57,478,685 >•
7.86
—
11,711,856
30,793,381
+
>
—
+ 17.92
27,819,865
—
•
1.96
+
9,801.754
57,345,375
101,398,055 •
+ 101,379,262
98,485,524
98,476,937 i
77,310,037
! 90,457,198
77,317,123
90,457,197
.,-104,023,611 >
—__
+ 556.97
1.964,485
+" 18,392.282. ;
<411,786,887 A '+
..139,644,601'
+
46,125,932
100,482,838
—78.59
-
84,615,721
125,438,334 I
67,569,491
—36.40
.+
f
2.89
55,352,403
100,293,929
102,652,493
122,228,450
'
137,412,487J + 125,700,631 ■
>437,635,367.
168,428,748
'-<*216,676,353
165,580,269
125,430,843 >
96,965,387-
-
+22.94
+
+ 31,37
69,121,669
IN
THRIFT," and a simple budget
analysis—"as simple as A-B-C" is
Expenses, which fall roughly into
four categories: Fixed, Variable,
Seasonal and Unexpected. "B" is
3,130,597
A+ 15,192,214
>139,606,752
•
+
will
GAINS
YOUR
"HOLD
"A"
34,466,131
—
Week theme for
Thrift
the
state
gains.
savings
the Committee
1.31
+
—
of their
advices from
4.83
■+•
',f
87,949.402
;
12.60
"■'+12.66
9,851,240
20,287,937
'
0.04
+.
31,411
■+■
their budgets to assure the
check
be
:;A %
Decrease (—)
Preceding
which Thrift Week will afford to
the Annual Budget Check-up
Increase ( + ).or
4,485,758
in his letter:
RegionAComprises the section lying between the Mississippi
south of St. Louis and a line from St. Louis to Kansas City and thence to El
and by the Rio Grande to the Gulf of Mexico.
Southwestern
234,296
232,750
70,536,977
67,620,157
.
States at War"
DISTRICT
Great Lakes Region,
235,390
233,396
144,348,682
,—A
time-honored pre¬
husban¬
dry, will welcome the opportunity
cepts of thrift and good
234,486
•A. 96,727.014- Al 52,-079,422
:
of savings, the
10.06
126,015,847
to
practice, with a profitable margin
+
+
aif: opportunity
had
situation
+ 11.00
77,643,305
72,392,058
1-02,258,414
121,044,775
All2.626.696
people who have during the war
33,401,280
+
American
the
that
believes
an¬
The Commit¬
Dec. 1.
on
32,891.116
324,540,456
war
•
from
236,126
18,827,733
among
A
Region-^Comprises the section >on the Canadian boundary between
the westerly shore'of Lake Michigan to Chicago, and north of a line
England States.
237,892
'
"The
EASTERN DISTRICT
England Regioh—Comprises the New
New
—12.46
.
236,672
235,636
A 76,358,377
75,359,466
87,684,985--- r-■< 77,833,745
88,421,559
*108,709,496 *
111,424,542.. A 108,293,945
President
classification of the Interstate
confines of the different
; ■/'+.'■
+ 27.04
274.705,768
8.63
the
,■
_
240,882
239,000
—17.96
79,427,565
have
'Commerce
239,160
237,700
Roosevelt
4.50
—
241,348
5.78
While declaring that
Western District-
tee
+ 16.48
1944—_A_
'
242,979
6.05
Committee
Thrift
tional
232,405
242,221
241,906
0.23
1945, be¬
budget check-upAthe Na¬
annual
232,831
+ 25.13
—
National Thrift Week
ginning with Benjamin Franklin's
birthday, Jan. 17, and continuing
through the 23rd, will be the time
for the individual
to make his
+
A 99,807,935
waters
Japs are
ply lines, the Nazis and
235,049
"+-■ 4.41
73,157,547
—_
home
own
With shortened sup¬
fighting with fanatic resistance."
nounced
$11,083,420
/
his
in
and islands.
+
72,423,469
soil. The enemy in
beginning to feel our
own
the Pacific is
241,183
15,407,987
65,450,298
1943_v
—18.80
238,906
74,334,762
1942——
10,706,401 —(21.89
10,280,163 —17.06
—
_
_.
Total———*
56,064
Dec. (—)
$ A
,
%
1,366,960 —14.12
9,639,735
38,207,614
—
—
Incr. {+ ) or
1
$
6,597
25,675
6,593
Great Lakes region:
25,559
Central East. region™ 23,912
TotaL-.
1943
•"
1943
1944
Eastern District-*-
-
1944
—Milage'
New England region__.
3.16
335,811,973 + ; 10,600,621 +
240,433
241,450
+
$78,350,772
1934—A
809.038,158
Total all districts (131 roads)
237,711
0.65
+
Yfear Given
1931——
4.64
5.90
+
+
238,316
—
646,683
-Net
1928—
2.22
—
8,316,060
4,187,927
346,'412,'594
A-_
Total (50 roads)_____—
1,903,366
85,602,836
179,274,044
70,935,093
235,348
8.67
+
Year
j+v.;"
236,885
—
17,757,929
—
809,038,158 ; 791,140,288
—
1930—A
:
Central Western region (15
District and Region
—
5,197,140 + 3.65
'
791,195,916
-
1925—___T_
5.11
0.34
5,325,342 +
•
r_
1919-:—x__
0.67
—
.
1918—,-
3.11
37,714,444
147,458,233
(Md'trift*
/
,0.58
+
2,928,385 —12.21
+
104.546,649
.AAA. 485,398,033
665,180.089
1917.:——
4,867,863
37,586,242
365,279,280
1916
+
102,871,991
________
roads)
Total (30 roads)
Southwestern
July
■
roads)
Southern region (26
.
299,038,208
331,878.000
6.49
242,228
275,610,064
.
236,525
+
—17.50
274,921,824
349,143,052
364,488,504
298.986,884
331,878,000
365,421,954
485.398.030
665,180,069
.—A
235,407
236,762
—38.90
—
274,963.381
^__
235,813
8.44
A-18.14
—
AAA:' 349,256,586
„J_A+: 364,551,039
rA—
—
235,477
235,145
+
+.. 8.56
of
%
—
275,583,676
A_-a
230,410
234,556
—101,152,657
237,433,700
293,341,605
—297,185,484
230,991
— 80,150,008
—138,851,525
+ 59,691,784
557,522,607
458,088,890
376,314,314
■
230,570
235.082
—12.59
4.31
+20.70
*-10.02
43,884,198
+
Month
Inc. (+) or Dec. (-
+
377,938,882
237.462,789
A—
1915—
(•'
27,540,749
128,752,882
150,773,591
27,701,380
region (10 roads)
New England
512,821,937
A—A ' 456,369,950
x
;
244,921
231.700
—
53,517,158
+ 40,595,601
+ 33,875,085
A 48,297,061
+
3,333,445
508,811,'786
556.706,135
+
556,710,935
512,145,231
66,407,116
19,960,589
91,678,679
—
480,943,003
521,596,191
A—A
—
1944
WITH JULY
.+
—
1940_
Earnings—
1943
1944
Eastern District-
<
534,222,102
1939—A
table.
GROUPS—SEVEN MONTHS ENDED
SUMMARY BY
480,704,944
1935—
gains in gross earnings, but one region in each district
The Great Lakes region in the Eastern District, with a
indicated in the'footnote to the
—
192.9—
—12.46
$40,532,234
—
in groups or geographical
—
1927_
his
on
A!A
in Europe is fight¬
226,934
65,975,059
527,396,813
462,696,986
442,955,873
508,413,874
in Asia.
243,042 -241,796
244,249
243,563
245.699
442,736,397
534,634,552
521,538,604
231,639
+15.10
+34.00
— 3.12
*'460,989,697
555,471,276
203,773
.235,407
0.89
+ 16.71
+
_
206,084
3.66
44,096,142
469,246,733
AAA'
227,194
46.328.025
+117,661,315
— 14,658,220
+
401.376,485
1926--—;*..
226,493
230,712
+
+
1921——. ._A_„
(—)
A++•• A;'+*■, .v vAaA Incr. (+) -or Deer.
AA'AvA/ !>A./! 'I
July—.A; ■;:+';;+:A1944
;
238,169
230,076
9,571,763
ing
that
either in
is not yet won,
or
attack
5.88
+ .: 5.38
12,036,238
—
Preced'g
0.69
—
Non¬
must never forget
we
war
234,500
+10.34
+
12,812,422
the
uThe enemy
Year
Given
+ 12.66
battles
Europe
Year
23,007,660
454,588,513
——
the
—Mileage—
•
+
467,351,544
1922——.
2 '
12-28
12-20
20c
funds, tax deductible at the source.
15%; resident tax, 7%.
a Less British income tax.
including 1909:
.1,555,652
—
1920— AAA-
_
12-
Canadian
in
tax,
( + ) or
$24,719,084
+
308,891,957
230,615,776
;—.
1911—.
217,803,354
226,306,735
222,587,872
223,813,526
261,803,011
260,624,000
263,944,649
353,219,982
1910
-
-
year ago:
resident
Dec. (—)
+
$219,964,739 $195,245,655
1923—-A;
a
tPayable
-Gross EarningsYear
1909__
4
2
1-
$1.37%
Canadian non-residents' tax.
tPayable in U. S. funds, less 15%
and net earnings of the Class I railroads of
Month
established
4
12-
dividend.
"Transfer books not closed for this
furnish a summary of the July compari¬
we
12-
1-15
Jamaica income tax.
Less 30%
x
1-20
2
country from the current year back to and
■of
7
11-24
1-
50c
following
the
Products
Zonite
$5c
(reduced) __:
In the
common______Y____..___
(quar.)
Corp. (year-end)_
_____
Corrugating,
12-18
15c
12-28
Jr., Co., common
sons
York
12-28
$8
4
40c
5
50c
Mines
Towne
Youngstown Sheet & Tube, 5Vz% pfd.
$1.75
__
Wright Aeronautical Corp.
(Wm.),
3-
$1.50
11-30
12-31
-
,
3-15-45
&
of Rec.
12-
2
1-
15C
5
$1.12 '/a
Yale
7
3-
preferred
75c
(quar.)
Lothrop, common
3-
3-15-45
_______
A> 50c
(year-end i
Co.
Iron
&
37V2C 3-20-45
preferred (quar.)
prior preferred (quar.)
prior
30c
Woodward
Woodward
Year-end
4Vz %
Co.
12-*6
12-20
oo
(stock dividend)__
Mfg., common (quar.)
(Rudolph)
Wurlitzer
Payable
Share
Name of Company
9
$1.12'/a
12-14
15 0e
(quar.)
Ltd.
Manufacturing,
Woods
.
(quar.)—
Co.
Petroleum
Woodley
Common
12-9
12-
12-20
$1.50
"
of Rec.
Holders
When
Per
Holders
When
Payable
Share
'
Machinery, common.
I
Worthington Pump &
12-12
15C
(year-end)*-
Industries
Name of Company
12-12
12-20
25c
Woodall
2
1-
25c
Wiser Oil
Per
Holaert
Payable
Per
Share
Name of Company
had
of the
previously,
members
of the
his
letter
in
members
and
em¬
ployees of the Exchange, partners
and
employees of member firms,
48 have made the supreme
fice
i,n
this;
war.
•have .beeivinvited to
Service
and
last year,
sacri¬
Their families
many
this Memorial
of
them,
will be present."
as
*
2699
FINANCIAL CHRONICLE
THE COMMERCIAL &
Volume460 vNumber'? 4343
'
•'
jr'jt 'fry
^
'■ ~
'Z/
BOND PROPOSALS AND NEGOTIATIONS
Junior College
(P. O. Redwood City), Calif .
•'
V ; Jefferson County (P,vO.
'/;
Bonds
Approved—It
is ^ said
"'
v
; Birmingham); Ala. ♦
:
that :4he Board of Trustees - has
Warrant Sale — The following approved the issuance of $1,500,semi-annual refunding warrants 000; Junior- College
completion
$881,000A in
.
aggregating $242,000, offered for
sale on Dec. 8—v. 160, p. 2451—
were awarded at publie auction to
of Monroe
has
CONNECTICUT
•
,
'to 1964 incl.
,;://.
V to 1962 incl.
*
y
•
$100,000 semi¬
annual refunding court house and
jail construction bonds offered for
Sale—The
Bond
the
sale at
2451
p.
awarded jointly to
were
—
160,
time—v.
same
Fox, Reusch & Co. of Cincinnati,
Ira Haupt & Co. of New York, and
Baum, !-Bernheimer Co.
of
Kansas City, at public auction, as
the
IY4S, at a price of 98.61, a basis
of about 1.42%. Due $10,000 from
1, 1949, to 1958 incl;
Jan.
1, 1945.
All issues are dated Jari.
Phoenix, Ariz.
Call—It is stated that C.
Bond
O, Larsen, City Treasurer, is call¬
993
said
Holders
1950.
and
bonds
bonds
Oct. 15,
1080, dated
to
1919, due Jan. 1,
of
Works
Water
semi-annual
Nbs.
1, 5%
payment-on Jan.
ing for
'
'
suit
coupons
shall
the
IrVing Trust Co., New York City,
or
Interest
before date called.
Jan. 1, 1945.
ceases on
: vv;
;
-
CALIFORNIA
(P. O. San Francisco),
r
Calif.
"•/
above author¬
Call—The
.Bond
ity is said to be calling for pay¬
on
Jan. 1, at 104, certain
ment
.3%
Toll
Carquinez
enue
;
Bridge rev¬
Deputy County Clerk,
that the $25,000 not to exceed 5%
semi-annual school bonds offered
oh Dec. 12—v. 160, p. 2451—were
not sold as the only bid received,
ah offer of 100.05 Tor 314s; was
F. D-. Frey,-
rejected. This bid was submitted
by Andrew W. Stewart & Co. of
Pasadena. Dated Dec. 1, 1944. Due
Municipal Utility Dist.
Sacramento), Calif,
Utility Condemnation Suit Won
by
District—The above district
i
is
(P. O.
said
in
judgment
Sacramento
Superior
in
awarded
been
have
to
Court
at
San Francisco, Calif.
Power
tricts
Sales
to
Irrigation Dis¬
City of San
injunction to
cease power
sales to Pacific Gas
&' Electric Co., is reported seek¬
ing approval of Department of
the Interior of sales to Modesto
and Turlock Irrigation Districts.
Sought—The
Francisco,
•
under
Amount involved is
nually.
"
' -
$2:,500,!000
but: -*vA'f ■■
an¬
Sealed
received until 2 P.M.
,
ceed
tion
Due
Howey-in-the-Hills,
Fla.^
1
as
'
; Debt - Composition : Plan
Ap¬
proved—The plan of composition
to remove the above town from
bankruptcy through a refunding
operation,
with
The Crummer
Company of Orlando as agent, is
said to have been approved in a
der of their maturities on
1955,
date
Federal Court order filed recently.
on
V
Bond
fj; ■",::4■,;.';
■
the
of
;
?/';?/ ■ 7
■
Offering
Clerk,
—
E. Shull,
C.
receive
will
bids until 4 p.m.
sealed
(EW'T)
on Dec.
purchase of $100,000
refunding bonds." Dated Jan. 1,
1942. - Denominations $1,000
and
the
for
$500.
000 in
Due Jan. 1, as follows: $4,1947, $7,000 in 1955, $3,000
1956, $6,000 in 1962, $10,000 in
in
1963, $4,000 in 1964 and 1965, and
$62,000 in 1966. The bonds maturingHinr 1947 bear interest at
per annum, and the balance
of
the
bonds
bear
interest at
■payment date after Jan. 1, 1961, at
and accrued interest. Princi¬
par
and interest payable at the
First National Bank, of Chicago.
The bonds are to be accompanied
pal
the s f approving ■ opinion
of
Caldwell, Marshall, Trimble &
Mitchell, of New York. The bonds
Will be delivered with interest
by
July 1, 1945, and
atached, and bidders
to accept delivery and
make payment for the bonds at
the First National Bank, of Chi¬
due
coupons
prior to Dec. 30, 1944.
Certified check for 2%
cago, on or
Enclose
a
the bonds,
value of
payable to the City.
of
the
par
Miami, Fla.
1
Sidewalk
—The
.
•■.v
t
'•
}
.
Construction Planned
city
has fplarik
underway
for (,a
sociation' fejpbrfs.'1 Public hearings
in'/each 'of the city's
25 districts/' The city proposes to
handle the work as a single job
will be held
assessing
owners.
to
property
The huge sidewalk pro¬
job
the
will follow a sewerage con¬
struction program.
gram
Monroe County
(P. O. Key
West),
Fla.
Dismissed
Judge W. M. Walker is
Refunding Complaint
—Circuit
said
to
have
dismissed
a
bill of
complaint by The Crummer Com¬
1955, $13,000 in 1956
to
1958, $12,000 in 1959, $4,000
1960, $8,000 in 1961, $15,000
1962, $16,000 in 1963 and
1964, $17,000 in 1965 and 1966,
in
in
/
V
$18,000 in 1967 and 1968, $19,000 in 1969 and 1970, $20,000
1971, $16,000 in
in
101.52 for IV2S.
1972, and
:/'/
$8,000 in 1973.
Register-'
able as to principal only.
Prin¬
cipal and interest payable at the
office of the City Treasurer and
Denomination $1,000.
Collector
City.
validated
(State of)
Taxation of Charitable and Re-
1,g!,0^s
1
Court Judge Earl R. Cox up^c'
J
valldl^ °f a
York
been
have
bonds
INDIANA
Indiana
Na-
Chase
NeW
of
Bank
tional
The
the
at
or
It is stated that
—
•
•
by decree of the Circuit Court of
St. Johns County and their legal¬
ity will be approved by Caldwell,
?,
rolls
erty
placing on the tax
^ ®
all
income-producing prop¬
owned in Indiana by fra¬
ternal, charitable, educational, re¬
ligious and scientific institutions,
Marshall, Trimble & Mitchell, of The statute became effective this
New
York,
whose
approving
year, with the first tax payments
opinion will be furnished the due in 1945. If the Circuit Court
purchaser, ; without
charge.
No ruling is upheld on appeal to the
bids for less than par and accrued
State Supreme Court, several mil¬
interest will be accepted. Deliv¬
lion dollars' worth of property in
and
thereafter
at par.
Rate or
ery of the bonds will be made at
Indianapolis and elsewhere-in the
rates of interest to be in multiples
the
Florida
National
Bank
of State will be assessed.
of lA of 1% and each bidder must
Jacksonville, as soon after the
The Circuit Court ruling was
specify in his; bid the amount sale as they may be ready for de¬
given in a complaint for a declar¬
and
maturities of the bonds of
livery. Enclose a certified check
atory judgment to enjoin Marion
each rate.
No
bid may name for 2% of the
par value of the
County taxing officials from plac¬
more
than three
interest rates
bonds, payable to the City,
ing on the tax lists property of
and all bonds of any one matur¬
i
SBA Bonds Not Awarded—It is the Grand Lodge Hall Association,
ity must hear interest at the same
reported by J. M. Lee, Secretary Independent Order of Odd Fel¬
rate. Registerable as to principal
lows of Indiana, the William E.
of the State Board of Administra¬
only.
These are the bonds au¬
tion, /that the $852,000 not to ex¬ English Foundation, and the In¬
thorized at the general election
ceed
2%% coupon semi-annual diana Pythian Corp. The Masonic
on Nov, 7, and are payable from
SBA refunding, Series 1945 bonds Home Foundation later was per¬
an ad valorem tax levied against
scheduled for
sale on Dec. 12, mitted to intervene and become
2Vz%
if re¬
deemed
in
1957; 1V2%
if re¬
deemed in 1958; 1% if redeemed
in 1959; y2% if redeemed in 1960,
in
redeemed
if
Melbourne, Fla.
/
City
hands
the
bonds, in
new
1953
Nov. 25.
$88,000 semi-annual construction,
improvement, rehabilitation and
equipment bonds were awarded
recently to Harriman Ripley &
Co., Inc., as 114s, at a price of
100.28, a basis of about 1.22%.
Dated Dec. 1, 1944.
Due on Dec.
1; $45,000 in 1954, and $43,000 in
1955. Legality approved by Chap¬
man & Cutler of Chicago.
Run¬
ner-up in the bidding was John
Nuveen & Co., offering 101.78 for
IV2S, while Halsey, Stuart & Co.,
Inc., was third, with a bid of
$9,000 in 1945 and 1946, $10,000 in 1947 to 1949, $11,000
in
1950
to
1952, $12,000 in
to
on
Gary, Ind.
Sold
Bonds
1959, or
thereafter.
/
election
INDIANA
interest payment date
any
an
{
and
thereafter,
date
$101,000 on July 1,
'
purchase bonds was au¬
thorized at
accrued interest
$5,000 on July 1,
any interest pay¬
if redeemed in 1955;
of 3%
bonded debt of the town and place
-creditors.
or on any interest payment
thereafter prior to their re¬
spective maturities', at the option
of the District, at par and accrued
interest thereon with a premium
approved plan The
Crummer Company was empow¬
ered
to
refund
the
$417,011.07
the
Under
redemption in the inverse or¬
July 1,
to
follows:
1949, or on
3%, payable J-J. Denomina¬
$1,000. r. Dated Jan. 1, 1945.
on July 1 as follows: $20,000
1961, $170,000 in 1962 to 1964,
$190,000 in 1965, and $145,000 in
1966.
The bonds will be subject
Due
15, 1945.
Bonds Voted—An issue of $35,000 park
City
of the
option
ment
on
1959, $50,000 in 1960, $85,000 in
in
The bonds matur1974 are redeemable
plus
at par
Interest rate is not to ex¬
bonds.
in
'".if;/ at the
bids
tary of the Board of Commis¬
sioners/for the purchase of $1,000,000
c oupon
construction
$4,000,000' sidewalk con¬
Vhldation^set by California Rail¬ struction '
pfpgraih after .the war,
road: Commission
is $7J,632.000,
the'vAmencair/^l3lic Works As¬
plus later improvements. In 1934
voters
approved
a
$12,000,000
bdnd issue to acquire the system.
—
departments and $27,000 refund-:
ing bonds.
o/4 ;/':>/
condemnation
its
suit, tp,,acquire the electric dis¬
tribution V system of Pacific Gas
&' filectfic Co. ih Sacramento area.
ing
26, by M. A. Bishop, Secre¬
must agree
Sacramento
Offering
1974.
in
j
(P. O.
Beach), Fla.
be
subsequent
1946 to 1967.
from Dec. 1,
$4,000
?
$379,000 Series B—Dated July 1,
1944. Due July 1, as follows:
Dec.
yLos Angeles County, Topanga // exception of the bonds maturing
in 1966, which are optional and
* School District (P. O. Los
r ;
subject to call on any interest
r
if Angeles), Calif.
Bonds Not Sold^-Jt is stated by
iV:
^
will
.$163,000, at ther Manufacturers
Trust Co., New York City, or. at
3per annum to Jan. 1, 1949,
the Pacific National Bank, San
and 4% per anum thereafter. All
Francisco. Due on July 1, 1948. %
bonds are non-callable with the
.
>
follow¬
totaling V/2%
bonds,
1940
of
The
1942.
refunding
$337,000
of
Dated Jan.
bonds.
in
in 1962, in 1955; Callable $35,000 in 1946
to 1954, and $22,000 in 1955.
Le¬
in 1963, $10,000 in 1-964
in 1965, $5,000 in 1969, gality approved by Chapman &
Cutler of Chicago.
in 1970, $2,000 in 1971,
in 1973, and $106,000
Northbrook Park District, III.
$6,000
$3,000
$6,000
:
constitutional ,'■/-
a
bonds aggregating $200,000,
approved by the voters on Sept.
12, is said to have been filed in
the Circuit Court recently by the
Town Commission: $173,000 water
.
Toll Bridge Authority
1'
originally filed at Talla¬
was
Bond
ing
22
California
a
1957, $4,000 in purchase
1960 and 1961, $5,000
debts of Monroe
under
West Palm
Bond Validation Sought—A pe¬
in 1956, $6,000 in
1958, $7,000 in 1959, $6,000
Port of Palm Beach District
tition for validation of the
present same for payment at
on
of
because
hassee Dec. 6, 1943.
Belle Glade, Fla.
(
,
amendment ratified in
FLORIDA
sanitary sewer warrants.
Due $3,000 from Jan. 1, 1946
51,000
v
County
Jan.. 1 in 1946
on
and bridge
road
..
Due
'
/
previous
contract between
the
county and the R. E. Crummer
Company/ the firm it succeeded.
The State Board took over the
syndicate composed of Hendrix
;
Water bury, Conn.
Mayes of
Birmingham, the'
^ Notes, ■ Offered — Sealed
bids
Trust Co. of Georgia, of Atlanta;
were received
until Dec. 15, by
the Whitney; National Bank, and
Cornelius F. Maloney, City Comp¬
Newman, Brown & Co., both of
New Orleans, as l%s, at a price troller, for the purchase of $800,-'
000 tax anticipation notes. Dated
of 101.01, a basis of about 1.64%..
Dec. 20, 1944.- Due on June 5,
$191,000 road and building war- 1945.
&•
rants.
Co., Fla.
bonds
/.
,
V
exclusive rights
refunding
!
bridge debts
Crummer Company said it
to issue the
; I The
bonds.■'}-r /;■
and
to
bonds
refunding
refinance -road
a
I
it
sought to restrain the State Board
of Administration from issuing
Dist.
?
which
in
of * Orlando,
pany,.
San Mateo County,
ALABAMA
V<*.
all
of
1958;/ 2%
taxable real
the
and
per¬
(except such real
property as may be exempt for
homestead), in the District suf¬
sonal
property
amount to
ficient in
terest
bonds
it becomes
as
as
will
pay
the in¬
due and the
v.
160,
2588, were not awarded,
p.
not being present at
the sale meeting.
Dated Jan. 1,
1945.
Due on Jan. 1 in 1946 to
a
quorum
1968, inclusive.
they mature. The bonds
by the Circuit
provided by law and are offered
subject to thefinal approving
opinions as:4 to their legality by
Earnest, Lewis & Smith, of West
Palm Beach, John D. McCall, of
Dallas, and Caldwell, Marshall,
Trimble & Mitchell, of New York
City. Principal and interest pay¬
able at a bank in New York City,
or
at
a
bank in Palm Beach
to
County,
District.
be
designated by the
The
awarded
the
to
bonds
be
will
bidder
offering
to
purchase the bonds at the low¬
est interest cost, such cost to be
determined by deducting the total
amount of any premium from the
amount
of
interest
upon all of the bonds until their
respective maturities. No bid for
aggregate
less than all of the bonds offered.
St.
Bond
Augustine, Fla.
.Offering — Sealed
be received
until
11
bids
A.M.
on
Edna Hyden, City
Clerk, for the pur¬
chase of the following 3% cou¬
pon
semi-annual
refunding
of
19,
Auditor
1944
by
and
bonds
aggregating $629,000:
$250,000 Series A—Dated Jan. 1,
1944. Due July 1, as follows:
$16,000 in
1945, $17,000 in
1946, $5,000 in 1947, $3,000 in
1948, $13,000 in 1953, $9,000
in
•••''•'
;' /'
?
GEORGIA
1954, $3,000 in 1955, $8,000
were
named
permitted to
Indiana
tiffs
Newman, Ga.
Bonds Sold—The $150,000 iy2'%
construction bonds authorized at
an election in October have been
v
sold.;-
v.'/:///
the
voters
approved
an
$10,000 water system im¬
provement bonds.
issue of
Ccok County
(P. O. Chicago), III.
Authorized—It
Bonds
is
stated
Chief Deputy
County Comptroller, that a reso¬
by Richard J. Daley,
has
lution
County
by the
Commissioners
passed
been
Board
of
Also
the
Association,
participate
Taxpayers'
was
granting the in¬
Counsel for the plain¬
announced
an
immediate
that
property
educational,
religious and scientific purposes
exclusively may be exempt from
taxation.
The
1921
Legislature
Bonds Voted—At an election on
14
which
officials
provides
owned for charitable,
ILLINOIS
■
revenue
defendants.
appeal would be taken to the
State Supreme Court.
Indiana's constitution, the court
found,
,'z.v
Arthur, III.
Nov.
as
opposed
junction.
validated
be
Dec.
,
action, in
the
to
party
county and State
which
Court of Palm Beach County, as
will
:
a
passed an Act ordering such ex¬
emption.
Fraternal,
charitable,
educational, religious and scien¬
tific organizations then accepted
gifts of property from individuals,
some of which is income produc¬
The 1937 Legislature passed
putting back on J^e tax
lists all such ; property .nqf, used
exclusively for thepurposes set
ing.
an
Act
out in .the
constitution;
■
providing for
the issuance of
"The; .entire' lawshfft",'. Jti'd'^e Cox
$2,468,000 2% semi-annual fund¬
declared, "revolvedVitgelf around
ing bonds. Denomination $1,000:,' the
meaning of the word 'exclusDated Nov. .15, 1944. Due on Nov.'
The
legal question in15, 1954; with the County reserv*..i^Wr. .
.....
. .
,
ing the right to call and redeem, ,yolved 18 dld
Rave the right to pass the statute
said bonds in the order of their;
the 1937 Legislature
and is that statute valid and con¬
maturity at par' stitutional?' in view of the fact
on Nov. 15
that the plaintiffs contend that by
as
follows: $309,000 in
1946 to its
passage the legislators abro¬
1952, and $305,000 in 1953, Prin¬
gated certain contracts entered
cipal and interest (M-N) payable into
by the plaintiffs, on the
at the County Treasurer's office.
strength of the authority given
numbers prior to
and
accrued
Cook County
interest
School District No. 64
(P. O. Park Ridge),
Bonds
were
Offered
received
Attorney
D. B.
—
until
Sealed
Dec.
them under the Act of 1921.
•
"The Court holds that the Leg-
III.
bids I islature had
14
by 11921
Maloney for the
! valid.
the right to pass the
Act and that that Act was
The, 1937 Legislature had
the
County's petition for the approval
right to pass the Act and.
same
Louis
R.
above
counsel for
association, had
Ewbank,
taxpayers'
the
in oral argument before
declared
the court that millions
of dollars'
be kept
Marion
County if the Court ruled for the
plaintiffs.
He said some of the
property is being held by indi¬
viduals for the religious, chari¬
table and educational organiza¬
tions
with
these
organizations
receiving
it
at
the
death of,
the individuals, and with no per¬
son paying taxes on. it meanwhile.
He also asserted a large part of
worth of property would
off the tax duplicates in
is income producing
and is not used for the purposes
set out in the constitution,
v;
:-'y-j;.
Y/Y,..;
Ind.
,
'
•
2452
Indianapolis
Share
&
Bond
by
Co. of Cin¬
price of 105.00, a basis
a
No other bid
of about 3.02%.
was
received, according to S. J. Moore,
County Court Clerk. Dated Dec.
15, 1944. Due on June 15 in 1946
1964, inclusive.
'
(B. O. Murray), Ky.
.
that Eldon S.
to
Chicago, as Is, at a price of 100.519, a basis of about 0.86%. Dated
Dec. 15, 1944. Due $10,000 on July
1, 1945, and on Jan. and July 1 in
1946 to Jan. 1, 1955; callable on
or after Jan. 1, 1950. Second best
bid was an offer on 1% bonds by
the
purchased
were'
2234,
Charles A. Hinsch &
cinnati, at
Dummit, Attorneyon Dec.
8 a
approved
cover
music
a
fine
and
arts
building project.
and Electric
Gas
'
Systems Pur¬
chase
Sought—The City Board of
Commissioners has informed R.
M.
Watt, president of the Ken¬
tucky Utilities Co., that the city
desires to purchase the gas sys¬
tem
well
as
the electric prop¬
as
operated
the
by
company
in Paducah.
The
Sale—The
Bond
semi¬
for
$18,000
sale
160,
6—v,
Dec.
on
2339—
p.
purchased by the City Se¬
curities Corp. of Indianapolis, as
were
HAs, paying a price of 100.08, a
Dated Aug.
basis of about 1.23%.
July 1,
July 1, 1946
riY
10, 1944. Due $1,500
1945, and on Jan. and
to Jan.
-V-'', A';-./'
IOWA
;
Keokuk, Iowa
V
on
1938
time for payment of the re¬
demption price and interest to
VA
YY.T- Y/;
'
Offered
Bonds
were
Kan.
—
until
received
franchise
Power: Sys¬
Utilities
a
The Commission
resolution taking that
meeting Nov. 28.
v
a
meeting, Dec. 5, the Com¬
mission adopted a motion direct¬
ing
write
Mr.
wants
to
C.
Wayne
Mayor
Seaton
to
the
that
Watt
the
purchase
fair price
a
Sealed
bids
15,
Dec,
city
gas
sys¬
purchase of $274,500 1%
semi-annual
general condemna¬
tion, Series Z bonds. Dated Dec.
1,. 1944. Due on Dec. 1 as follows:
$27,500 in 1945, $27,000, 1946 to
1950, and $28,000 in 1951 to 1954.
Legality
approved
by
Stinson,
Ma?, Thomson, McEvers & Fizzell
of Kansas City.
adequately fi¬
the services demanded of
to
future
distant
nance
Anticipated
government."
liquor revenue decreases and im
creases
in
general relief costs
were
citedas the basis for Mr.
Allen's
assertion,
J ;
,
Finance Commissioner
State
J.
reported
that
the
proposed
department
budget
appropriations
for the
next biennium exceeded by about
recently
Mossman
A.
anticipated
$4,000,000
"either
said
cutting
some
sources
new
or
found."
revenue
revenues
must be
there
/
.
the matter of purchase of
the gas properties must be de¬
layed until the question of buying
the electric system is settled.
LOUISIANA
Georgetown School District No. 16
(P. O. Colfax), La.
Sale—The
Bond
of
on
school
Dec. 8.
v.
160, p. 2124, were awarded
jointly to the Equitable Securities
Corp., and Kingsbury & Alvis of
New Orleans, according to S. C.
Shaw, Secretary of the
School
KENTUCKY
Y
Lee County (P.
Dated
'•>
Dec.
on
O. Bcattyville), Ky.
received
until
2
p.m.
on
the
for
year .'>%cY/::Y7.;;Y
ous
departments,"
he
said, "operated within available
funds except the
Highway De¬
partment where, due to war con¬
ditions, a loss was contemplated
by the Legislature. Operations for
the highway fund resulted in a
net loss of $113,880, as compared
with a net gain of $1,470,000 the
previous year. This loss was- more
than offset by the decrease in the
State
"All
:
,
$18,000 3% road and bridge re¬
funding bonds. Denomination $1,000. Dated Jan, 1, 1945.
Due on
Jan.
1, 71975;
1955,
Ojc," ^ny.f{ interest payment
th^aften/at ,^>ar and ac¬
date,
optional
on
Jan 1,
hlteiWt. "Principal and in¬
terest ",t JrJji payable-at the .Citi¬
crued
zens
c'f.
Eidepy^Bank % Trust-
than par
be
Co.,
Lo.i|!syij^bJ,,Noj,hid far Jess
^9"crueduhiteyest"will
iCoii'siderect s The^hond?Unus|
and
paid for not later than. Jan. 2,
1945. at the Continental Illinois
be
National
Bank
&
Trust
Co.,
of
Chicago. Enclose a certified check
for
$500.
O. Benton), Ky.
Hearing Sched¬
holders of 5%. road
Bond Approval
uled—The
and
^bridge bonds, dated May 1,
advised that a
hearing is scheduled at the office
of W. J. Moore. State'Ldcal Fi¬
1926,
are
being
1944. Due
1956, inclu¬
of
legislation
it is esti¬
pending
Federal
waiting final action,
$950,000, Is ______._100.229
For
Phelps, Fenn & Co.,
Goldman, Sachs & Co.,
Stranahan, Harris & Co., Inc.,
Robert Hawkins & Co.,
Hornblower & Weeks, and
Sale—The
annual
for sale
on
$47,500 semi¬
bonds offered
refunding
were
of
160,
p.
2234,
awarded to Scharff & Jones
New
able
Dec. 5, v.
Orleans, and. The, Equit¬
Securities
Corp., jointly, at
price of 100.027, a net interest
a
cost
of/;about 1.68%. for bonds
beariqg}4% interest for the first
year,: and
1 xk %
interest
there¬
after t^j maturity.
Dated Jan. 1,
\,9}45. Due on Jan. 1; $500 in 1945,
$kJ)°0 in 1947, and $2,000 in 1948
tq 1970.
'
.
will
bonds
of
000
be
necessary
biennium, in addition
to the surplus now accumulated
and without making any-provi¬
for
sion
farm-to-market
the
roads, other than the reg¬
ular construction of State, State
aid
and
third
class
highways,
Since this is larger than bond ma¬
turities in that period, such a
Chemical Bank & Trust
such
time
a
as
are estimated at $240,000
yearly compared to present ex¬
penditures of about $305,000 by
individuals and private concerns
for
coal
for individual heating
units. Annual revenue from steam
>
Co.,
/
New York,
■;
Kean, Taylor & Co.,
Hemphill, Noyes & Co., and
Equitable Securities Corp.,
For $950,000, ls__—
100.095
First Boston
For
■
100.052
either
'
1
.
^/
;,/
.
expended for adminis¬
and $1,515 for plans and
:■'■
surveys.
bids
Sealed
—
until
received
were
by
15,
Dec.
George F. Henderson, City Treas¬
for
urer,
purchase of $300,-
the
Denominations $5,000,
000 notes.
$10,000, and $25,000. Due on June
15, 1945. Payable at the National
294,873 and to provide 44.993,965
manhours of work have been tab¬
The
ulated.
includes
roads for
$63,294,873
$9,788,400 for feeder
2,447
miles
of farm-to-market
.
."
.
MASSACHUSETTS
nection
to
not
with
for
the
Dec.
19.
exceed
con¬
offering sched¬
of the $385,000
4%
semi-annual
public imnrovement bonds, noted
here on Nov. 20. v. 160. p. 2234,
is
stated
bv
EHis
Dunleix, Jr..
Secretary of the Police Jury, that
the
i'cllowirig facts
Due
J^'\,
1.
as
are
pertinent:
follows:
$16,000
apj
Boston, Mass.
Bond
James
Sale
H.
—
;•
i
;
Peabody, Mass.
.
It
is
"
stated
by
City Treas¬
Flanagan.
that coupon bonds aggre¬
gating $950,000, were offered for
sale
Dec.
on
to
a
13 and
svndlcate
were
award¬
composed
Harrimaii Ripley & Co.. Inc.,
of
Kid¬
der, Peabody & Co., F. S. Moseley
&
Co., and Stone & Webster and
Blodget,
Inc.,
alL of
New York
paying a ..price pf,, 100.0,75, a,, net
,
total
investments—total
on
more
than $240,000.
Capital costs would
be reduced materially if the proj¬
ect is financed in part by special
Most unfavorable factor in
rying
council
Sold—It is stated by the
Notes
■
is
%'•
Recommendations. to
:
.
'Y/:
.
plan
car¬
the high
initial cost of the underground
system plus the cost of converting
individual heating equipment to
steam heating which would range
from $200 to $500 per dwelling
unit.
the
out
that
were
plant be extended
the
the
city
present
to a capac¬
up
City Treasurer that $200,000 notes
were-awarded on Dec. 12 to the
ity of 50,000 pounds of steam per;
Boston,
at 0.45%, plus a premium of $5.00.
Due in 1 year from date of issue.
Second highest bid was an offer
of 0.46%, put in by the National
Shawmut Bank of Boston, while
Harriman Rioley & Co., was third
sufficient to
National
First
of
Bank,
hour
a
on
basis
pay-as-you-go
serve
downtown
the
that plans be made and
area;
assessment
an
financial
and
policy
be established to enable, the city
to expand the plant as rapidly as
economic conditions make subsi¬
dies
be
offering 0.47%.
available;, that no expansion
beyond the- downtown
made
unless
area
at
served
Battle Creek School District
Battle
(P. O.
Creek), Mich.
reported that
aggregat¬
Notes Sold—It is
80%
of
the
,area
least
$175,000, offered
on
to
be
their
convert
to
heating systems and purchase heat
from the central municipal sys¬
tem.-
Gaastra, Mich.
Oct. 16,
purchased by the Michigan
National Bank of Battle Creek, at
i%: $100,000 notes, and $75,000
notes.
There was no other bid
the
agree
that the following notes
ing
in
consumers
MICHIGAN
Bond Issuance Authorized—The
were
submitted for these notes.
Brownstown
Flat Rock),
that
stated
$53,000 water revenue bonds
offered
on
Sept. 9, were pur¬
by Charles A. Parcells
&
Co., of Detroit.
Eccrse
No. 7
Park), Mich.
Twp. School District
(P. O. Lincoln
the
$32,000
stated
is
Sold—It
Bonds
semi-annual
that
school
bonds offered for sale on Oct. 2,
awarded To Stranahan, Har¬
f
were
Conine.of Toledo, as IV2S,
ris &
at
a
more
City Considlerihg
said
iCentral Heat¬
fbe; consideringm&a
one
ing plant,.
The
disposal system revenue bonds offered for ..sale on Oct. 16, were
awarded to the First of
.
city
of
15.009
has made a
construct¬
ing a small central heating plant
in 1937 to serve a limited number
of customers
in the downtown
area, the International City Man¬
agers Association reports.
Local interest in the municipal
poputetion
start
in
sg:"v^cG..
already
this direction,
ted /tec
Michigan
Detroit, at a price of
100.05, a net interest cost of about
2.93%, on the bonds divided as
follows: $62,000 as 2%s, due on
Corp.,
Aug.
of
in
$3,000
1;
1951,
to
1947
$4,000 in 1952 to 1959, and $5,000
1960 to 1962; the remaining
in
.
$63,000 as' 3s,' due;1 on' Aug. 1;
$5,000 in 1963, $6,000 in 1964 to
1968, and $7,000 in 1969 t6;1972.
best
100.02
for
$21,000-
as
bid
art -'offer
was
104,000
as
^WsV
and
2%s, risubmittfidHkl
Barcus, Kindred & -Co, '<>
Inkster,
-plan
central: heat¬
•
Michigan
that
stated
is
is
which, if i adopted^'iWill :hiake>the
Michigan* community,ftb^ spepnd
city in the nation Jo t heat allqof
its
homes,-' stores,-ksehoQls>nahd
from
system
$125,000 semi-annual, sewage
Second
Plant—iTheo ;Clty y Couhcil'i
to
Sold—It
Bonds
of
>u
water
Gratiot Twp. (P. O. Detroit), Mich.
price,of 100.0^.
Escanaba, Mich.
ing
tham $40,000
bonds.
,
the
is
said
to
have been
permission to issue not
Village
granted
the
is
Sold—It
Bonds
Rockwood
Twp., East
Water Dist. (P. O.
Mich.
churches
urer,
ed
terest
Shawmut Bank of Boston.
"Projects estimated to cost $63.-
Lafayette), La.
kin 1947 arid11948. $17,000 in 1949
nance' Officer, at Frankfdtt, at 10 v
A.M. 'on Dec. 18,' to consider the and '1950,
$18,000 in, 1951
c
$50,000 available for. cost of plans,
surveys and specifications, $3,545
Lafayette Parish (P. O.
Bond Offering Details—In
it
referring to thq $1,fund established by- the
Legislature as a post-war public
works reserve, said that of the
tration,
would
assessment.
Offered
Notes
chased
900,000
been
,
turbines
steam
$531,000, but the net profit would
be small because annual capital
costs—taxes, depreciation and in¬
Chelsea, Mass.
revenues
greatly surpass old levels or con¬
struction" demands tare
greatly
had
per 1,000 pounds and
electricity generated by
of
the
Corp.,
$950,000, Is
78 cents
at
sale
^
^
.;;
will postpone attainment
pay-as-you-go financing until
of
Operating costs for the enlarged
Chace, Whiteside & Warren,
For $950,000, Is
100.147
program
roads
<jdj
in
out
ri Virginia,
system
,
^
mated that the issuance of $5,000,-
The report,
Lafayette, La.
Bond
uled
Marshall County (P.
1945 to
that
,
diminished."
Dec.
29, by Elizabeth Mattocks, County
Court Clerk, for the purchase of
1,
sive.
Bond Offering—Sealed bids will
be
in
1
Dec.
points
connection
first
*
Board.
'
the
by
association
The
this
sive.
reported that revenues
past fiscal year totaled
feeder
$60,000
1949 inclusive.
.
in the next
bonds offered for sale
1945 to
400,000 public ways construction
bonds as Is. Due $40,000 on
Dec. 15 in 1945 to 1954 inclu¬
Mr. Allen
.
by
the
15 in
■
well be needed in the not too far
during the
on
and
survey
a
,,
for authorized expendi¬
can be agreed reserve
60-day period al¬ tures, and a slight increase was
lowed for the City and company shown in both cash and unappro¬
to
negotiate.
If an agreement priated surplus. V
cannot be
reached during that '! "On the basis of a present draft
if
tem
the Board of City Commissioners,
for
it
under the elec¬
to
purchase the
time,
KANSAS
Kansas City,
that
city
intends to proceed
At its
any
,
the
from
notice
of
entire
turity to May 1, 1958. Said bonds
are
payable at the City Treas¬
urer rs
office or at any bank in
Keokuk. Bonds may be presented
;
electric plant revenues over expenditures was
r.'.;vvy4,•. $3,833,846 in the general fund, a
acknowledged receipt $367,646 increase over the previ¬
Mr. Watt
adopted
step at
2Vz% water revenue of
bonds, totaling $400,000, ma¬
•^'YYI
gas
ask for
recommendations
/
,
-
of
city purchases the
in Paducah.':A
tem in Paducah.
of
tax
$43,030,682, and expenditures were
system in 'the event the
*30,440,533. He said the excess of
payment
be calling for
May 1, 1945.
the
follows:,
as
.
might be done with
tion of what
Kentucky
v
May 1, 1945, at 100,-the
issue
5, to forward that informa¬
tion to Mr. Watt in reply to a
letter from him raising the ques¬
tric
Bond Call—The City Treasurer
is said to
Dec.
on
1, 1951.
agreed,
Commission
City
.
cently to
0.875%, on
city
manager with regard to expansion
$550,000 municipal relief bonds as of the central heating system to
0.75s. Due $110,000 on Dec.
include the entire community.
«
the bonds divided
Minn., early this year became the
city in the county to go on
ap¬
complete central heating, using
Dated Dec, 15; 1944. Principal a
proximately .1% mills on the dol¬
municipally-owned heating
lar on the assessed valuation of and interest (J-D) payable at the plant operated on a non-profit
all taxable property in the Parish City Treasurer's office. Other bids basis.
k'''!-'
W;:' %
i ■>
for the bonds were reported as
will be required to amortize these
The Escanaba survey showed
follows:
-'.vY Y A v%%.'Y
bonds.
Y>
Y
YvYYY>Y
that community-wide heating by
Bankers Trust Co.,
the central unit was feasible from
New York,
y%,-,Y.
.maine
"■.//%/";"eri". economic and engineering-stand¬
' 3
points, and that such a system
,;Y
Maine (State of)
V! Blyth & Co., and T'Y ■•••'"!.:
Mercantile-Commerce Bank
could meet operating and main¬
New Revenue Sources May Be
& Trust Co., St. Louis,
/ ...
tenance costs, taxes and deprecia¬
Sought—In his financial report to
Y For $950,000, Is
.100.259 tion. To supply the entire system
Governor Sewall and the execu¬
with heat would require a capital
Halsey, Stuart & Co.,
tive council,' submitted on Nov.
Blair & Co., Inc.,
outlay of $3,190,000, about a third
26, it was declared by State Con¬
;; of this amount for; plant and twor
troller
J.-' J.
Allen ^'That -hew.; Otis & CO., and;
thirds for distributing mains.
'
y
sources
of' State '• 'revenue ! "may J. R. Williston & Co.,
and
Warsaw, Ind.
annual building bonds offered
interest cost of_ about
and '1954,
1953
valorem
ad
annual
State
Paducah, Ky.
erties
■
in
,$19,000
.
$20,000 issue of additional bonds
—
were awarded to the
Trust & Savings Bank of
Corporation.
for sale on
fered
General,
county hospital bonds of¬
fered for sale on Dec. 12—v. 160,
Harris
3*/2%
$43,000
refunding bonds of¬
Dec. 11, v. 160,
semi-annual
p.
*
Bonds Approved—It is reported
annual
p.
Sale—The
Bond
-
Murray State Teachers College
$200,000 semi¬
Sale—The
Bond
ville), Ky.
Y.Y
Couniy (P. O. Frdhklin),
1952
$20,000 in 1955 and 1956, $21,000
in 1957 and 1958, $22,000 in 1959
and
1960, $23,000 in 1961 and
unpaid portion of an original is¬
sue of $200,000, together with in¬ .1962,
$24,000 in 1963 and 1964,
Split interr
terest accrued and unpaid thereon and $25,000 in, 1965.
est rates may be bid.
Place of
to Nov. 1, 1944.
payment to be designated by the
Monroe County (P. O. Tompkinsbidder.
It, is estimated that an
to
the property
Johnson
of the
described bonds, being the
of bonds to refund $163,000
valid, for the right to create
is the power to destroy."
it is
•
Monday, December 18, 1944
THE COMMERCIAL & FINANCIAL CHRONICLE
2700
.'Cv-- —♦vPr
-
Settlement
Bond
Finance
Committee
Administrative
6ffere^—
State
of the
Board
is
said
jq
have offered to settle for 58 cepts
on
the dollar bonds of the above
Village which it bplds, provided
Inkster buys back another batch
of
its
State.
defaulted
,
It
Treasurer
has
bonds
from
the
reported
by State
Brake that the Village
was
$50,000;ftq buy back another
portion .,odifjtMo$367,000 face value
offlits' • ktefrit0tedD bonds," listed
as
uf ihnrk'i/tsto&'Hi{'the: State bond
portfolio.
,
,
,
,
.Volume 160
Michigan (State of)
Reorganization
Proposed
Public
1
of
Program —The
Spending
State Tax Study
Commission pro¬
posed on Nov. 30 a far-reaching
reorganization of public spending,
whereby Michigan cities would be
given some of the post-war mil¬
lions they seek.
Covering auto¬
motive, sales, property and in¬
tangible taxes, the plan proposes
to give urban areas a much larger
./share of the $450,000,000 annual
local
and
State
revenue:
V-y
drain
This
bond
1928.
The
built
was
after 'a
the
taining 297 lots and an irregular
paid since May 1, 1931. In
118 lots were not de¬
St.
stipulated a
of facts to the court on which
levies.
tax
local
.
The
lays
plan
/ mission
spending/. \
'
r
proposals of the- Com-
>7 / Major
redistribution of
current income. / In this respect
it was termed the most sweeping
for
are*
plan drafted in the decade
Michigan adopted its preslimit
on
property
reform
since
'
15-mill
Vent
;
,
the 3%
and
taxes
sales tax.
7/7'
The Commission plan calls for
State laws for
abolition of present
$50,000,000
.distributing
.
revenues
formula—40%
new
highway
and the enactment of a
to
Department,
Highway
the
■
requiring
him To
amount
the same assessment roll
and present the same to the re¬
spondent
board of supervisors
which may be directed to spread
the same to recover the deficiency
prepare
Municipal
under
permitted
In
the
vs.
35 %
to
In¬
$75,000
'19696
cities now get from this
The present division is
48-41-11 in a normal year.
The
money
based on studies
showing what each portion of the
street and highway system needs.
Actually city travel pays 85% of
all highway taxes.
/ y;yv/-/
Sale—The
Jan.
expense.
Due
7
No.
Dated
P.M.
1.70s, at a price of 100.10,
basis of about 1.68%, as follows:
$12,000 water bonds. Due $1,000
;
for Dec, 1, 1945 to 1956, in¬
clusive. ■
,7
for
the purchase of $60,000 industrial
19,
1964,
to
approved
the
by
held
election
bonds
These
count of 249 to
at the
5,- by the
19.
"
'
4V4%
St.
offering
Co.,
i
bonds.
May wood, N. J.
annual
sale
*
Sale—The
Bond
$45,000 semi¬
bonds offered for
sewer
Dec/ 12,
on
awarded
160,
v.
p.
2589,
Rochelle
the
to
Joseph School District
St. Joseph), Mo.
O.
(P.
Sale—The $60,000 semi¬
refunding bonds offered
sale on Dec. 12, v. 160, p. 2339,
Bond
for
awarded to the Harris Trust
were
&
Savings Bank of Chicago, as
l%s, paying a price of 101.228, a
basis of about 1.43%.
l%s, at a price of
of about 1.745%.
1, 1944. Due $3,000
from Dec. 1, 1945 to 1959, inclu¬
sive. Next in the bidding were the
following offers: Boland, Saffin &
Co., with 100.12 for 1.90s; B. 'J.
Van Ingen & Co., 100.40 for 2s,
and M. M. Freeman & Co., 100.308
100.01,
annual
basis
a
Dated
Dec.
for 2.20%
Dated Feb.
Feb. 1, 1965.
bidding was
Halsey, Stuart & Co., Inc., offering
1, 1945.
Due
Runner-up in
100.64 for
Webster
the
I1/2S.
Groves
School District
Voted—It
Bonds
-
Leonard
-
tion
A.
stated
is
by
Superinten¬
dent of Schools, that at the elec¬
held
Steger,
the
approved
the
5
Dec.
on
issuance
voters
of
the
bonds.
Oahlyn,
on
(P. O. Webster Groves), Mo.
21891,
22009 - 22012,
22019,
22092,
22204 - 22205,
22477- 22526,
/ 22652 - 22669,
22825
22830,
22835,
22842 22844, 22850- 22851 ./re-/;7-,,,7
jointly, as iy4s, paying a price of
100.02, a basis of about 1.245%.
Dated Dec. 1, 1944. Due from Dec.
1949,
Park Bank, as
21961,
22088
to
-
&
Saffin
100.12 for 1.80%
were
MISSOURI
1, 1924.
Bond Nos.
21887,
1945
,
Runner-up in the bidding was
Boland,
were
voters
Dec.
on
in
1
inclusive,
15 in
plant bonds. /Due on Dec.
1945
Dec.
on
Dec,
on
Mata¬
6,000 fire apparatus bonds. Due
Offering—It is stated by
Leona L. Carothers, Town Clerk,
that she will receive sealed bids
7:30
Mer¬
&
of
Bank,
wan, as
a
Bond
until
bonds aggre¬
Farmers
the
to
National
chants
MISSISSIPPI
July
July 1, 1954.
21777-21826,
'
2/-777Ty7
Schools
St.- Paul
bonds.
160,
2589—were awarded to ParkShaughnessy & Co., and the C. S.
Ashmun Co., both of St.
Paul,
Bond Nos.
awarded
-
145,000
p.
4%%
1924.
1,
19890- 19893,
20027 - 20035,
-
'.T'v'Block
semi-annual refunding bonds
offered for sale on Dec. 12—v.
j..
20070-20078,
20100,
20180,
20261, 20262, 20268
-
cou¬
as
Batesville, Miss.
i
Schools
Paul
Dated
-
7'7c/7;y/// MINNESOTA
Bond
premium
follows:
19710,
19895
19908,
20049 -20064,
20086
20088,
;
pon
and
\Due Jan; 1,' 1954.
$44,935.37, of which but $32,442.82 will be recoverable."
Minn.
$105,000
St.
bonds.
be
Columbia Heights,
bonds
Block No. 1
of
City
of
blocks of bonds, as
Birmingham.
pursuance of the stipulation,
court finds this deficiency to
vestors
purchaser's
bid, exclusive of accrued interest.
The offering comprises 8 separate
State
source.
formula is
a
commissioner
county
road
commissions, and
25%
to cities for street main¬
tenance,
This would double the
new
coujrt
writ of mandamus may be
directed to the respondent drain
that
Paul, Minn.
(CWT), on Dec. 18
for the purchase of $450,000 prin¬
cipal amount of bonds now held
in the general and water sinking
funds.
To expedite awarding of
the bonds,, the committee requires
that, all bids be made in dollars
and cents, showing sperately ,on
each individual block, full face
'777/7'"77/v7 V/77"7'f
/. Tt is the opinion of the
.
until .10 A.M.
.
emphasis on local responsibility
offering
liquidated
damages if the bonds are not
taken and paid for when ready for
delivery. Make checks payable to
the City of Saint Paul. Bonds will
be furnished by the City of Saint
Paul, but delivery shall be at
—Joseph J. Mitchell, Ex-Officio
Secretary of Sinking Fund Com¬
mittee, will receive sealed bids
land sale.
Parties to this suit
set
the
was
forfeited
be
Sinking Fund Holdings Offered
at
of them were later sold
scavenger
Run¬
1947.
1945 to
for 0.90s.
linquent for taxes and 179 went
to the State for unpaid taxes and
the opinion is based.
no big new
| '«//•; ; ;
the Commission pro¬
In the conclusion of his finding
poses to ask the State Legislature 'the court had the
following to
to grant permission for some new'
say:.
for
15 in
Dec.
100.006
the district
Although proposing
local
gating $18,000, offered for sale on
Dec.
12, v. 169, p. 2589, were
ner-up in the bidding
Allison-Williams
Co.,
State taxes,
/
istered semi-annual
Will'
on
unplatted parcel of " land with an
of 33 acres. No interest has
a
N. J.
Matawan,
Bend Sale—Tne coupon or reg¬
the amount of bonds bid for which
Minneapolis, as Is, at a price
basis of about 0.84%.
Dated Dec. 15, 1944. Due $10,000
area
part
by a certified check or cash de¬ I
posit for two per cent (2%) of
of 100.333, a
the Meadowlawn subdivision con¬
been
2235, were awarded to
National Bank
p.
Northwestern
of
is
district
assessment
160,
v.
been- floated " in
had
issue
collec¬
V'
tions.
2701
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4343
J.
N.
Refunding Issue Approved—The
$94,000 bond refunding ordinance,
previously approved by the State
Funding Commission, was passed
by the Borough Council on Dec. 6
Teanech Twp.
(P.O.Teaneck), N. J.
Bend Offering—Sealed bids will
be received until 8:30 P.M.
(EWT)
Dec/28, by Henry E. Diehl,
Township "Clerk, for the purchase
of
$50,000 refunding, Series E,
coupon or registered bonds.
In¬
on
1953 inclusive.
:;77?v'-Block No; 3 : :-/7>7' $800,000 construction bonds by a
offer of
33,000 St. Paul Schools 4%% count of 2,756 to 59. Due in 20 terest rate is not to exceed
J. M. Dain & Co., bidding 100.066
6%,
bonds.
Dated
Jan.
/ ://'///7'': 7777,/ 7777;
tax, and empower the cities to
1, 1924. years.
for 1.30% bonds.
payable J-D. Denomination $1,000.
7
Due Jan. 1, 1954.
levy a compensating local sales
Mr. Steger reports that these Dated Dec.
Bond Nos.
1, 1944. Due Dec. 1,
tax.
The suggested figures are
7 :19335,
Ely, Minn.
19414 - 19440,
19461 - bonds will be offered for sale as follows:
$10,000 in 1948, 1949,
two and one-half cents and oneCertificates Sold—It is stated
19464, 19492
;
late in January or early in Feb¬
1952 and 1953, and $5,000 in 1954
half cent, but they are subject to
by A. O. Knutson, City Clerk, that /7>;777 Block No. 4 ';7'-7
ruary. ' / 7:
.-7.;7'7 7- " and 1955. Rate of interest to be
further study, -Using these fig¬
the
$111,775 certificates of. in¬ '7 2,000 St. Paul Inter-City Bridge
in a multiple of V4 or one-tenth of
debtedness
offered
on
Aug. 1,
ures, the State sales tax would
;7. .• ;7 MONTANA
7
bonds. Dated July 1, 1925.
1%/and must be the same for all
become 2V2%, which is all mer¬
were
purchased at 4% by: the ;
Due July 1, 1954. iBond Nos.
of the bonds. (Principal and in¬
Pondera County (P. O. Conrad),
chants would collect unless their First National Bank of Ely.
terest payable in lawful money ;at
/';7 29503-29504
7
:
>7777 7;
Mont.
' U/7-:7.:
city imposed the additional oneBlock No. 5 ''77777...
Bond Offering—Sealed bids will the Bergen County National Bank,
Hopkins, Minn.
/
half cent.. '
•'>■//
Paul Water Works be received until 10 A.M. on Dec. Hackensack. No proposal will be
Bonds Voted—It is stated that 77 3,000 * St.
The Legislature also would be
Legislature further would
be asked to lower the State sales
The
1946 to
1,
Second best bid was an
.
,
.
.
.
.
-
-
.
< <
constitu¬
tional amendments, one repealing
the uniform taxation clause and
.asked
to ; propose
the other
liberalizing the.manner
local exemption
from
the
15-mill property tax
limit.
Repeal of the uniformity
clause would open the door to en¬
actment of a foolproof intangible
of
.
two
obtaining
a
law, to protection of homes
against excessive taxation and to
a possible income tax.
Under the
tax
other
of
proposed amendment, voters
tax unit—a city,
a
township or
district—would
school
be
per¬
mitted to levy taxes in excess
the
regular 15 mills, but not
more
than
finance
of
for
and only to
construction.
would be by majority
15
years
building
Such action
Vote.
of the Commis¬
would be insis¬
tence on uniform local property
assessments,
by
making
the
State's final equalization of as¬
sessments the basis for collecting
local property taxes.
; i
.
Another
sion's
part
program
District (P. O.
Muskegon), Mich. //,.
Notes Sold—It is reported that
the voters
the
of
water- tank con¬
bonds at the election
on
1,044 to 117.
-
or
semi-annual
registered
1,
1, 1954. Bond
y//;777''7/
•
June
7y.
1954.
1,
Due
1924.
June
Bond Nos. 18300
19091 -19100,
Credit
bonds
1954.
& Co., Inc., and
Bank &
Trust Co., of Minneapolis, as 1.10s,
paying a price of 100.40, a basis
Braun, Bosworth
the
Midland
of about
1944.
ond
21650,
National
19721,
1.055%.
Due on June
21922,
22990,
23032,
23827,
Dated Dec. 15,
15, 1954. Sec¬
-
1,
18303,
20443
-
June
25677,
Voted—It
is
1924.
Due June 1,
24601, 25425,
25611 -25617,
25646,
25657,
25664 - 25667,
25892-25893,
26242,
26243,
26622- 26646,
1,
1954. Bond Nos.
7 25426,
25647,
!
Osseo, Minn.
Bonds
21307,
48,000 State of Minnesota Rural
Credit
4%%
bonds.
Dated
group
Muskegon School
-
21733,
21912,
21965-21970,
22353,
22991, 22993, 2302923604- 23663,
2331423851- 23863,- 24027
-
Block No. 8
highest bid was an offer by
composed of National City
Bank, New York, First National
Bank, New York, Northern Trust
Co.,
Chicago,
Union Securities
Corp., New York, and Glore, Forgan & Co., for 1.10s, at 100.3099.
a
Bond Nos. 21303
21725
stated that
ers,
for
purchase
the
of
'77777 airport, site purchase bonds.
offered for
20447, 20677 - 20681
sale on Dec. 12, v. 160, p. 2339,
/7//7/Block No. 7
/
were awarded to a syndicate com¬
119,000 State of Minnesota Rural
posed of the Bankers Trust Co.,
Credit
41/2%
bonds.
Dated
of New York,
the First Boston
June
1, 1924.
Due June 1,
Corp., Shields & Co., of New York,
Rural
18, by M. C. Wickware, Clerk of
Commission¬
the Board of County
$30,000
In¬
25,000 State of Minnesota Rural terest rate is not to exceed 4%,
Credit
4V4%
bonds.,
Dated payable J-J. Dated Jan. 1, 1945.
Minnesota
pon
Due July
Block No. 6
.
(State of)
V /7\
Bond Sale—The $4,903,000 cou¬
July
Dated
bonds.
Nos. .19273-19275
5, the count being
Dec.
4%%
1925.
;
$50,000
struction
held
T-
approved the issuance
26864
Amortization
first
choice
bonds
and
will
serial
be
the
bonds will
tax anticipation
Oct. 23, were
the
.
proposal
amount bid
than
the
of
will be in
$1,500 each. The
the
they
sum
and
sold
amount of
of $1,500 of
said serial bonds will become pay¬
of interest,
sold
to
the
amount
bid the least
amount
bonds, the bonds to be accepted
being
issued
be
complying with the terms
of sale and offering to accept for
if
are
will
bidder
to be
bonds
$50,000 nor
As between
rate
same
bonds
of
serial
the
bonds which
legally acceptable proposals spec¬
the
sale, both principal and interest
payable in semi-annual in¬
stallments during a period of 20
years from the date of issue.
If
state
must
the
$51,000.
ifying the
issued, the entire issue may be put
into one single bond or divided
into several bonds, as the board
may determine upon at the time
for
shall be not less than
more
If amortization bonds are sold and
those
two
or
first
more
the
accept
maturing,
bidders
same
and
offer
least
to
amount,
then
to the
bidder offering
to
therefore the highest price.
The purchaser must also pay an
amount equal to the interest on
pay
the
bonds
accrued
to the
date
of
1946, and a like payment of the purchase price. In
amount on the same day each year the event that prior to the deliv¬
thereafter until all of such bonds ery of the bonds the income re¬
ceived by private holders from
are paid.
//
bonds of the same type and char¬
acter shall be taxable by the terms
NEW JERSEY
able
on
Jan.
1,
of
Bloomingdale, N. J.
Bond Sale—The
notes
Each
be the second choice of the board.
$25,000 coupon
voters approved by a wide
Stamps, which read as follows, or
registered
semi-annual im¬
margin the issuance of the $75,000 appear on the back of all these
provement bonds offered for sale
sewage and sewage disposal plant .bonds: "Property of the City of on Dec.
8, v. 160, p. 2453/ were
offered, on
pur¬
bonds submitted' 'a!t the'*-'- Election St. Paul, transferable only on en¬
awarded to the First National
chase^ [by local banks at 1.70%. held on Dec.
dorsement of the Sinking Fund
i
Bank of Butler, as 1.90s, at a price
Committee. The City of St. Paul.
OiikltiriU1 County, ScuthReld No. 6
of 100.104, a basis of about 1.89%.
iz tjRpckvUl&f fflinttyj
Storm Sewer Drain Dist., Mich.l
Minnesota, purchased this bond Dated Dec.
7 BbndfiSale-rThe .$30,000 coupon
15, 1944. Due on De'c.
on
and resold it by action
Court
Issues
Writ
Against
15 in 1945 to 1963, inclusive. Sec¬
■afinttffivjfrdad'ri and bridge of the
Sinking Fund Committee ond best bid wa!s an offer bf
Oountv Drain Commissioner—H.
boridr;-'offeredTor Sale on Dec. 11,
of said City, duly taken on
RuhselU/Holfand, Circuit Court
100.104 for 1.90s, submitted b.v the
v/16(^ pri 2589,'!were awarded to and it is now
payable to bearer."
Judge, handed down recently an
Prospect
Park
National
Bank,
Pipbr; Uaffray «■ & Hopwood, of Title of these bonds
passes from
opinion in which he ordered a
while Boland, Saffin & Co., offer¬
Minneapolis,--as IV2S, at a price of the
Sinking Fund Committee un¬
writ
of
mandamus
to
compel
ing 100.219 for 21/4s, was third.
100.27T,f5ri' basis of about 1.47%. der the
provisions of the Charter
County Drain Commissioner Earl Dated Dec.
1, 1944.
Due $2,000
Demarest, N. J.
by the' above endorsement, signed
^L. Clark to prepare an assess¬
from Dec. 1, 1947 to 1961; bonds
by members of the Sinking Fund
Bonds
Approved — The
State
ment roll to spread a portion of
maturing on and after Dec. 1, I960,
Committee.
Legal opinions will Funding Commission on Dec.- 4
a
deficiency that exists in the
being callable on and after Dec. be furnished
with these bonds at approved $48,000 refunding bonds
payment of outstanding bonds is¬ 1, 1959. Second best bidder was
time of sale and all bids must be
sued for Southfield No. 6 Storm
according to report.
!
the Allison-Williams Co., offering
unconditional.
The
faith
and
Sewer Drain. The City of High¬
100.20 for Has.
Hackensack, JNf. J.
credit of the City of St. Paul,
land Park, holder-of some of the
Bonds
Approved — The
State
St. Louis Park, Minn.
>
Minn., are irrevocably pledged to
bonds, brought the .actiqn; against
Certificate
Sale — The $30,000 pay the principal and interest &t Funding Commission; on Dec. 4
the county, its bo^rd pi supervis¬
ors,
drain
commissioner
arid semi-annual street improvement maturity on these bonds. Each approved the issuance of $750,000
orders offered for sale on Dec. 11, bidder must accompany his bid
refunding bonds.
treasurer.
the $38,800
considered which specifies a rate
higher than the lowest rate stated
in any legally acceptable proposal.
any Federal income tax Taw',
the successful bidder may, at his
election, be relieved of his obli¬
gation under the contract to pur¬
chase the bonds and in such case
the deposit accompanyiri£: his bid
will be returned: Thd,'Successful
bidder will be furnished
/with the
-
opinion of Hawkins,'- DelaJield &
Longfellow/ of New York/that the
bonds are valid and legally bind¬
ing 'obligations of the Township.
Enclose
a
certified check
for
$1,000, payable to the Township.
*-'
Union City, N.
J.
Refunding Proposal Approval—
The Local Government Board is
,
said to have
fied
for
approved the modi¬
proposal of the above city,
issuance
of
refunding
the
Series
of
consisting
bonds,
1
refunding
$716,000
bonds,. and
$829,000 Series 2 refunding bonds,
Acting. as, fiscal agent in the ex¬
change^
Newark. '
Julius
A.
Rippel,
of
*
Verona, N. J.
Call—Jt>orougn
Bond
Clerk
T,
16,.2%% refunding bonds,
numbered from 22 to 42, aggregat¬
Jan.
on
ing $21,000, being part of an au¬
thorized issue of $85,000, dated
of
a
$18, according to
Nicholas Pirro, County Treasurer.
Dated Dec. 19, 1944. Due on April
of
19, 1945, Second best bid was a
of joint offer by the Chemical Bank
Jan.
mature
at 0.39%, plus
City,
Jersey
premium
Trust
&
called
bonds
The
denomination
in
July, 1942,
$1,000.
12, v. 160, p. 2590, were
award to the Bessemer Trust Co.,
Dec.
calling for payment
Brooks is
E.
of New York, and
Bank,- of
Co.,
National
Lincoln
the
follows: $1,000 in 1951, Syracuse, of 0.40%, plus a prem¬
ium of $17.
$7,000 in 1952, $8,000 in 1953, and
$5,000 in 1954. Said bonds will be
NORTH CAROLINA
!
redeemed at the principal amount
thereof and accrued interest, but
Black Mountain, N. C.
without premium and on Jan. 16,
Bond Sale—The $170,000 coupon
1945, said redemption price of the semi-annual refunding bonds of¬
principal amount thereof and ac- fered for sale on Dec: 12—v. 160,
crued interest thereon to date will
p. 2590—were awarded to a syn¬
become due and payable on each
dicate composed of R. S. Dickson
of said bonds on presentation and
& Co., of Charlotte, the Wachovia
surrender thereof (with all cou¬ Bank & Trust
Co., the Vance Se¬
pons thereto appertaining matur¬
curities
Co., both of Winstoning after said date) at the Chase
Salem, the First Securities Corp.
National Bank, New York City.
of
16,
as
Any of said bonds which shall at
the time be registered should be
accompanied by duly executed as¬
signments or transfer powers in
Interest
blank.
date
on
ceases
-/////./v.
called.
N. J.
Approved — The
West Orange,
State
Commission is said to
have approved on Dec. 4 the is¬
suance
of
$322,000
refunding
Bonds
Funding
•
bonds.
Co.
Durham, and E. L. Hardin &
of Winston-Salem, at 100.00,
a.net interest cost of about 3.24%,
the
on
stated
is
$17,000 semi-annual general bonds
awarded recently to New-
of New York,
as 1.20s, at a price of 100.209, a
basis of about 1.14%. Dated Dec.
1, 1944, Due on Dec. 1: $3,000 in
1945 to 1948, $2,000 in 1949, and
$1,000 in 1950 to 1952. Legal ap¬
proval by Vandewater, Sykes &
Callaway of New York.
Second
best bid was an offer of 100.135
for 1.20s, submitted by the Nassau
County Trust Co:, of Mineola.
burger, Loeb & Co.,
(State of)
Tax Reduction Declared Justi¬
New York
Mounting Surplus—In a
statement made public from Al¬
by
Sen. Thomas C,
bany on Dec. 6,
Desmond said:
the forthcoming
session of
Legislature I will work for a
Raleigh, for the purchase of $20,000 coupon water and sewer re¬
Interest rate is
not to exceed 6%, payable J-D.
Denomination $1,000. Dated Dec.
Due $2,000 from Dec. 1,
1945 to 1954, inclusive.
General
obligations; unlimited tax; registerable as to principal only; deliv¬
ery at place of purchaser's choice.
Principal and interest payable in
quested to name the interest rate
or rates in multiples of 14 of 1%.
name one rate for
the bonds, (having the
earliest maturities), and another
rate for the balance, but no bid
of
part
than two rates,
each bidder must specify in
taxes
when the emergency no longer
exists. ■
/".'■•/
"The action of the Legislature
at
the
1944
session in setting
,
the then
existing $163,000,000 State surplus
met with general approval.
Part
for post-war use
aside
of the additional
surplus accumu¬
lated this year may
also properly
post-war purposes.
be set aside for
more
name
may
his
emergency
Bidders are re¬
City.
Each bid may
and
so-called
York
New
Such re¬
duction is justified by the rapidly
mounting State surplus. It seems
obviously improper to continue
for
an
unreasonable lengiji of
taxes.
bonds.
1, 1944.
reduction in the burdeh of present
New York State
19, by W. E. Easterling,
of the Local Govern¬
Commission, at his office in
Secretary
funding
of
amount
the
bid
bonds
of
will be
awarded to the bidder offering to
bonds
The
rate.
each
-
purchase the bonds at the lowest
interest cost to the Town, such
cost to be determined by deduct¬
ing the total amount of the pre¬
mium
bid
from
the
aggregate
amount of interest upon all of the
bonds until their respective ma¬
No bid
turities.
and
of less than par
interest will be
accrued
tertained.
Bids
furnished
by
to
the
be
on
above
en¬
forms
Secre¬
tary.
The approving opinion of
Reed, Hoyt & Washburn, of New
reasonable York City, will be furnished the
limit to piling up a State surplus purchaser. In the event that prior
by excessive taxes. A substantial to the delivery of the bonds the
lessening of present New York income received by private hold¬
But there ought to be a
taxes seems to be so justi¬
State
that
fied
I
am
confident
action
these lines will soon be
taken by the Legislature with the
along
approval of Governor Dewey.
"Whether
such tax reduction
should take the form of a further
percentage reduction in the State
income tax, outright repeal of one
or
more
of the so-called emer¬
taxes
gency
years
ago,
some
other
further
or
is
way
been
already,
known
however,
State taxes have
and now are producing far
the
State
needs.
Such State taxes ought to
be redueed to make it at least that
much easier for us to bear the
more
revenue
than
heavy load of Federal taxes, con¬
cerning which there appears to be
immediate hope of reduction
no
under present difficult war condi¬
tions."
Onondaga County (P. O. Syracuse,
N, Y,
r,
anticipation certificates of in¬
debtedness
the
of the same
of any Federal
terms
type
taxable by
income
the successful bidder
may, at his election, be relieved
of his obligations under the con¬
tract to purchase the bonds and
in such case the deposit accom¬
panying his bid will be returned.
Enclose a certified check for $400,
tax
law,
offered
for
ville), N. C.
Bond
Offering—Sealed bids will
sale
on
his bid the
at
offering to purchase the bonds
the lowest interest cost to the
county, such cost to be determined
by deducting the total amount of
the
premium bid from the aggre¬
gatea mount of interest upon all
of the bonds until their respective
maturities.
No
of
bid
than
less
and accrued interest will be
entertained. Bids to be on forms
(EWT)
19
Secretary
ment
an
issue
$150,000 3% incinerator- plant
purchase bonds. Dated Dec. ' 1,
1944. Denomination $1,000. Inter¬
est J-D, Due $30,000 on Dec. 1,
;from 1946 to 1950 "inclusive. Prin¬
cipal and interest: payable at
of¬
fice of the Director of Finance, j
In mew subdivisions and
sparsely/populated sections im-provements
will be made only
when
the '• .petitioners,. submit; a
certified check for the full cost of
such improvements, including the
factory.
,
city's own. engineering and in¬
spection costs.; The plan is already
in operation. • Similar plans were
successfully, Tried in other cities
just before * the bubble burst <in
1929-.; ■:
■; i('r :
Bay Village Exempted Sch. Dist.
/
(P. O. Bay Village), Ohio
' {/
by the above Secretary,;
Bond Offering—Sealed bids wp
Forest : Grove,Ore.'?
The approving opinion -of Reed
Hoyt & Washburn of New York be received by Dorothy Grimes/ 'fi Bond. Sale—The $11,000 semi¬
City will be furnished the pur¬ Clerk ,of the Board of. Education, annual refunding of 1944 bonds
chaser. In the event that prior to until noon on Dec. 23, for the pur¬ offered for sale on Dec.'11, v. l60,
the delivery of the bonds the in¬ chase of the $286,006 equipment
p. 2454, were awarded to the-City
and. school site bonds, < approved
come received by private holders
Light Department,' as lV2s, at par,
from bonds of the same type and. by the voters at the Nov. 7 gen¬ the
only bid received, according
/.;/ /i
character shall be taxable by the eral election. /
to the City Recorder. Dated Dec.
The. bonds will be dated Dec.
terms of any Federal income tax
1, 1944: Due on Dec. 1 in 1945'to
Denomination $1,000.
law, the successful bidder may J at 15,> 1944.
1950//;/
'////V V/j///
his election, be relieved of his ob¬ Due Dec. 15, as follows: $18,000
Multnomah County Sch. Diet. No. ,29
ligations under the -..contract to from 1946 to 1950, inclusive, - and
'J (P. O. Portland), Ore.
/•
purchase the bonds, and in such $19,000 from 1951 to 1960, inclu¬
Bond Offering—Sealed bids will
sive. Bidder may name a different
case the deposit accompanying his
be received until 8 P.M. on Dec.
bid will be returned.
Enclose a rate of interest, expressed in mul¬
furnished
payable
check for $600,
certified
to the State Treasurer.
;
?
/£■
'r
■
(P. O.Bryson City),
N.C.
.
Sealed
Tenders
/
Invited—It
is
Estes, Chairman of
Board of Commis¬
stated by R. D.
the
County
sioners, that he will receive sealed
at his office until noon
tenders
(EWT) on Dec. 18 for the follow¬
ing county bonds:
21/2-4%
Road
and
Bridge
Re¬
funding
(coupon)
bonds, dated
Aug. 1, 1940, and payable Aug. 1,
1975.
Road and Bridge
terest
regis¬
(fully
Refunding
,
In-,
tered) bonds, dated Aug. 1, 1940,
and payable Aug. 1, 1955.
2x/2-4% County Refunding bonds
of any
other denomination, dated
Aug. 1,
1940, and payable Aug.
1, 1975.
Each tender must specify the
aggregate; face
bonds
ofv the
amount
of each issue and the par¬
ticular numbers of the Road and
Interest
must
Funding bonds tendered,
the
state
price
dollar
19, by /Ruth Williams, District
$2,800, pay¬ Clerk, for the purchase of $20,000
district, is school bonds. Interest rate is not
required. Legal opinion of Squire, to exceed 6%, payable J-D. Dated
Due $2,000 from
Sanders & Dempsey, of Cleveland, Dec. 15, 1944.
stood
and
agreed
to
be
offer to sell until Dec. 18,
a
firm
at noon
(EWT); The right to accept or
reject any or all tenders received
and the right to accept a part of
the bonds of any issue so ten¬
dered described in one tender at
the
stated
price
therein
and to
rejeet the remainder of any and
all bonds is reserved.
Accrued
interest
will
of
sentation
ment..
to pre¬
for pay¬
of the
tenders
accepted
1946 to 1955, Principal
payable at the County
authorized at the Nov. 7 election. Treasurer's, office. The approving
opinion of Teal, Winfree, McCulFarmington Township, (P. O.
loch, Shuler & Kelley, of Port¬
Warren), Ohio
land, will be furnished. Enclose
Bond Offering—The Clerk of a certified check for $500.
the Board of Trustees will receive
sealed bids until noon on Dec. 30, /•"/yT//; OKLAHOMA/
/
the
successful
of bonds
issue
This
was
for
purchase of $8,500 not to
the
exceed 3% interest fire apparatus
bonds.
Dated Jan. 1, 1945.
De¬
Due as follows:
nomination $100.
Offering—Sealed bids will
until 11 a.m. (EWT)
Dec. 19 by W. E. Easterling,
on
of the Local Govern¬
Commission, at his office in
Secretary
ment
Raleigh, for the purchase of $10,000 coupon refunding bonds.
In¬
terest rate is not to exceed 6%,
payable J-J. Denomination $1,000.
Dated Jan. 1, 1945.
Due on Jan.
Voted—At
the
issuance
election
the
approved
$80,000 air¬
voters
the
29
Nov.
the
of
port site purchase and construc¬
tion bonds by a wide margin, it
expressed in multiples of V\ of
1%. Purchaser to pay for legal
PENNSYLVANIA
opinion. A certified check for $85,
payable to order of the Board of
Trustees, must accompany the bid.
Howland Twp. (P.
0. Warren),
%■■■
were
Ohio
Offered — Sealed
bids
received until Dec. 16, by
D. B.
Drennen, Clerk of the Board
Bonds
for the purchase of
of Trustees,
to exceed 3% semi¬
annual fire house building bonds.
Denomination $500.
Dated Jan.
not
$20,000
Due $3,000 on April 1,
$3,500 on
1945.
1,
and
on
April
Oct. 1, 1946, and
1 in 1947 and
and Oct.
1
(State of)
Bond Yield Index Declines—J.
Ohio
A.
Cincinnati, re¬
13, as follows:
Co.,
&
White
Nov.
on
Continued moderate improvement
Ohio
the
said.
is
■
.
.
Ambridge, Pa.
Bond Offering—Sealed
be
received until 8 P.M.
bids will
(EWT),
Dec.
18, by Walter Wuycik,
Borough Secretary, for the pur¬
chase of $50,000 coupon borough,,
on
Interest rate is not to ex¬
bonds.
ceed 6%/payable J-D. Denomina¬
tion $1,000.
Dated Dec. 1/ 1944.
Due
Dec.
on
1, as follows: $8,000
1953 and 1954,
$5,000 in 1955 to 1960. Rate
of % of
1% and must be the same for all
of the bonds.
Registerable as to
in
1949, $6,000 in
and
of interest to be multiples
principal only. The bonds will be
to
the
highest responsible
bidder subject to approval of the
authorizing proceedings by the
Department of Internal Affairs.
No bid for less than par and ac¬
crued
interest or for less than
all of the bonds will be accepted.
/,,■■/ sold
,//;/
1948.
market
municipal
during the past week has caused
our index of the yield for 20 Ohio
Bond
Anadarko, Okla.
Bonds
on
$400 April 1 and Oct. 1 from 1946
to
1950, inclusive; $400 April 1
and $500 Oct. 1 from 1951 to 1955,
inclusive. Rate of interest to be
in
be received
15,
and interest
,
Jan.
Washington Public School District
(P, O. Washington), N. C.
Dec.
,
must. be
unmatured coupons.
.
the
furnished
be
bidder.
ported
presented on or before
i, 1945, at the office of the
Chairman, County Board of Com¬
missioners, for payment. Coupon
bonds must be accompanied by all
order. of
to
will
up
bonds
■
...
Bonds
be paid
the
Interest J-D.
tiples of V4 of 1%.
A certified check for
per
$1,000 par value of the bonds of
each issue which shall be under¬
tax; not registerable; delivery at
place of purchaser's choice. Prin¬
cipal and interest payable in New
York City, In the event that prior
to the delivery of the bonds the
income received by private hold¬
ers from bonds of the same type
and character shall be taxable by
the terms of any Federal income
a.m.
authorized
has
Council
of
par
Commission, at his office in
Raleigh, for the purchase of $34,000 coupon school building bonds,
Interest rate is not to exceed 6%,
payable J-J. Denomination $500.
Dated Jan. 1, 1945. Due on Jan. 1
as follows:
$3,500 in 1946 to 1953,
and $3,000 in 1954 and 1955. Gen¬
eral
obligations; unlimited tax;
Dec.
11
i
City
Ohio
Bonds Authorized — The
Akron,
bonds will be awarded to the bid
der
by W, E. Easterling,
of the Local Govern¬
on
until
-yyyys. ohio";:://;;;;:/
amount of bonds of each rate. The
1, 1954. Rate of interest to be in
multiples of one-quarter of 1%.
General obligations; unlimited
be received
bonds to decline
(the yield mov¬
ing inversely with the price) from
1.35% a week ago, to 1.34% today.
While the index for 10 high grade
In the event that
~
prior to the de¬
the bonds the income
received by private holders from
bonds of the same type and char¬
acter shall be taxable by the terms
livery
of
of
Federal income
any
law,
his
tax
the successful bidder may, at
yield of election, be relieved of his obli¬
1.18%, the yield on 10 lower grade gation under the contract to pur¬
bonds is today 1.51%, compared
chase the bonds and in such case
bonds is unchanged at a
1.52%
with
a
week ago.
the
Perrysburg Exempted School Dist.
will
(P. O. Perrysburg), Ohio
will
Bonds
Offered
—
Sealed
bids
received until Dec. 15 by the
Clerk of the, Board of Education,
were
for the
purchase of $387,000 build¬
ing. bonds.1' Dated Dec/ 15/ 1944.
Due on Oct. 1, as follows: $16,000
deposit accompanying his bid
be returned. The purchaser
receive without, charge the,
opinion of Burgwin, Scully &
Churchill, of Pittsburgh, that the
bonds are valid general obliga¬
tions of the Borough., Enclose a
certified check for $1,000,
to
the
Borough.
;
^
s
payable
a
1949, and $17,000 in
1950 to 1968. Principal and; inter¬
est payable at the office of the
Conemaugh Township School Dist.
(P. O. Davidsville}, Pa.
1
Clerk-Treasurer.
Hammer, District Secretary, will
receive sealed bids until 7:15 P.M.
in
1946, to
'
'
Sandusky, Ohio
City Supervises Special Assess¬
Improvements—Special as¬
sessment improvements are being
carefully controlled, according to
City Manager A. J. Lauber." As¬
sessments are divided into two
registerable as to principal only; tax law, the successful bidder
classes: (1) those in the well-es¬
delivery at place of purchaser's may, at his election, be relieved
tablished and built-up part of the
choice.
Principal
and interest of his obligations under the con¬
city, and
(2) improvements in
payable in New York City. Bid¬ tract to purchase the bonds, and
new subdivisions or sparsely pop¬
ders are requested to name the in such case the deposit accom¬
ulated areas. In the built-up part
interest rate or rates in multiples panying his bid will be returned.
>
Certificate Sale—The $1,500,000
tax
bonds
is a matter for
study and decision when
New York
that
from
and character shall be
first levied several payable to the State Treasurer.
be accomplished in
Mitchell County (P, O. Bakers-
all of the facts are better known.
It
ers
The
rate for.part of the. TJoyt &
bidder must specify in
Swain County
Dec.
on
ment
one-quarter of 1%.Each bid
:rr:T;:
bids will
received until II A.M. (EWT),
be
that
of; the city improvements will be
approving opinion of Reed*
Wash burn ./of' New York; constructed and bonds sold if the
are
needjed and
Enclose a cer¬ improvements
bonds (having the earliest maturi¬ will be furnished.
ties). and another rate, for the tified check for $200, payable to reasonable, the property able/to
i„. bear the cost, .and the tax collec¬
balance, but no £id may name the State Treasurer,-;
tion, history of the prqperty satis¬
more
than two rates, and each
of
may name one
able
Bond Offering—Sealed
were
time
No other bid was
$4,000 in 1981,
Clinton, N. C.
Hyde Park, N. Y.
Sale—It
Bond
"At
follows:
as
received for the bonds.
■
New
fied
divided
bonds
$15,000 as 2%s, due $3,000 from
June 1, 1949 to 1953; the remain¬
ing $155,000 as 514 s, due on June
1, as follows: $4,000 in 1954 to
1961, $5,000 in 1962 to 1967, $6,000
in 1968 to 1972, $7,000 in 1973 to
1977, $8,000 in 1978 to 1980, and
NEW YORK
the
Monday, -December T8,1944
THE COMMERCIAL & FINANCIAL CHRONICLE
2702
ment
Bond
Offering
—
William
F.
(EWT), on Dec. 18 for the pur¬
$130,000 2%, 2y4%, 2Vz%,
2%%
or
3% refunding bonds.
Dated Feb. I, 1945. Interest F-A.
Denomination $1,000. Due Feb. 1,
chase of
as
follows:
$8,000 in 1946 to 1961,
and
$2,000,in 1962. The School
Board, ^esCtVes the right to call
any or !ali bonds outstanding or
unmatured
fdr
payment and
re¬
demption on Feb. 1, 1951, or on
Volume
1 of any year
Feb.
typewritten
thereafter be¬
principal,
livered
a$
only if and after the' proceedings
authorizing the issuance of the
approved by the
bonds have been
Enclose
for
check
certified
a
Affairs.
Internal
of
Department
Bids must be made upon
forms which may be ob¬
refunding bonds offered Dec.
13, v. 160, p, 2342, were awarded
to Harriman Ripley & Co., Inc.
and Newburger & Hano, both of
pon
Philadelphia, jointly,
a
price of 100.4299,
to
1947
1, 1945
1 from
Among
$20,000 on Jan.
1955, inclusive.
due
and
a
Dated Jan.
1.18%.
about
IV4S,, at
basis of
as
ofher bids were the following:
Halsey, Stuart & Co., 134s, 100.059;
Union Securities Corp., New York,
Moore, Leonard
100.0853.
and
iy2s,
Lynch,
&
1938—
purchase of $1,500,000 water sys¬
tem bonds.
Dated Feb. 1, 1945.
annually for a period
These are the bonds
approved by the voters
Due $50,000
of 30 years.
election 011 Nov. 7,
count of 6,409 to 730.
at the general
9, by John C. Wary, Bor¬
the
voters
the Nov,
at
election.
'.
.
SOUTH
.
.
2234
2455
Berwick,
2342
Bishop,
2124
2012,
Jan. 4, by Edward R. Frey, City
Controller, for the purchase of the
following
coupon
refunding of
on
1945 bonds
aggregating $1,500,000:
A.
Series
$600,000
$30,000
Due
1946 to 1965. Issued to
Feb. 1,
provide funds to be applied
to the redemption of existing
electoral
bonds
heretofore
authorized by the electorate
and
maturing
during
the
months of March and April in
\
•
and for no
other purposes whatsoever..
900,000 Series B.
Due $45,000
Feb. 1, 1946 to 1965. Issued to
provide funds to be applitd
to the.redemption of existing
councilmanic bonds
heretor
fore authorized by the City
Council and maturing during
the
*.•
months
of
February,
March, April and May in fthe
year 1945, and for no other
;
;,Y purposes whatsoever,
Interest
is
rate
not
to
>
\
exceed
4%, payable F-A. Denomination
$1,000. Dated Feb. 1, 1945. The
bonds shall bear interest at a rate
exceeding the rate specified
above. The interest rate bid may
be a different rate for each sep¬
arate issue uniform for the entire
life of the bonds, payable semi¬
not
annually Feb. and Aug* 1, in each
year
during the term thereof,
without deduction for any taxes
which
may
levied on said
the debt secured
be
bonds, or on
thereby by the
#
Commonwealth,
any present or future
succession, estate, in¬
pursuant to
law (except
heritance and gift taxes), the pay¬
ment of which taxes will be as¬
sumed by the City.
be coupon
The bonds-will
bonds, exchangeable at
Controller's office at the
option of the holder at any time
for a registered bond or bonds of
the same maturity and denomina¬
tion or
multiple thereof, not ex¬
ceeding.; the aggregate principal
amount of: the coupon bond or
bondslestrrrendered in exchange
tb'e^efmiV Registered bonds shall
be registered with the City Treasurer- and
shall be re-registerecl
only ond the books of • the City
Treasurer;" Unless all bids are re¬
jected, the said bonds will be sold
to the highest responsible bidder
complying with the terms of sale.
No bid will be accepted unless it
covers both issues of bonds, and
the City
no
bid
crued
at
less
interest
than par
will
be
and ac¬
accepted.
will be delivered to
purchaser by the City Con¬
troller at his office. The City re¬
serves .the right to deliver to .the
successful
bidder
temporary'
'■C;;'--.'Y
of
last month's
a
■.
y
capital
new
expect
,
substan¬
this aspect of municipal financing over the near
This possibility is highlighted by the existence of a backlog
term.
$225,000,000 in potential offerings as a result of the
Nov. 7 bond elections.
Although most of the debt thus authorized
of
than
more
projects and improvements not likely to be
undertaken while the emphasis is on war production, this does not
is
intended to
cover
indicate that the appropriate bond financing will be
similarly postponed. : r.•>.--f-J.J"vttv
.c--^
As a matter of fact, a number of communities have already mar¬
keted bonds to provide for future monetary requirements and the
chances are that others will elect to follow the same course.
In any
necessarily
develop, if at all, until
event, financing on a sizeable scale will not
after the close of the Sixth War Loan Drive
has
drive
on Dec. 20.
While the
incidentally, activity in the municipal
in progress
been
and distribution departments, has
market, particularly in trading
been extremely
limited.
As a
inventories are now
be kept occupied for
sometime after the war financing ends regardless of whether any of
the potential new business should quickly materialize.
With municipal tax collections and other revenue sources main¬
taining high levels that have been characteristic of the war economy,
rather
that
indicating
heavy,
consequence
dealers
will
there has been very little need for temporary
credit accommodation.
During the month of November for example, only a handful of public
bodies negotiated interim loans and the aggregate amount involved
was no more than $7,200,000.
The Canadian municipal bond market has been rather active in
recent weeks largely as a result of debt refunding operations. Under¬
takings of that nature during November included $11,685,000 by Vic¬
toria, B. C., and $3,000,000 by Calgary, Alfa.
The financial position
of the Dominion's provinces and of locaLgovernments generally has
improved substantially during recent years.
This has made it pos¬
reorganize their debts 011 exception¬
sible for many governments to
ally good terms. The most important case in point is the City of
Montreal, Que., which arranged some months back for a general re¬
funding which had the effect of correcting a default that had pre~
vailed for sometime,, v/,
.>
No
United
November.
.yVy*
;•
...
; Below
Stat^^pssession financing
we
'win.Tf v'
bfjft
•
' 7,200,000
.1.
.♦Temp;1
Canadfan-O'nijO ' i*cu
1964
2455
Crane
Delphi,
Ind.
Dover Twp.,
and
U.
S.
17,016,303
69,817,163
77,507,257
4,690,257
9,950,000
114,737,679
165,980,051
Everglades'Drainage Dist.; Fla.
Everglades Drainage Dist., Fla;
3
2235
Greece," Ridge Road W. D. No.
2233
None
None
2,520,492
26,474,700
None
None
None
None
None
' 93,330,395
41,544,617
Territories.
————„_
♦Includes
any
temporary
securities
issued
by
26,966,303 187,075,334 269,962,008
York
City:
None
in November
of
of the above years.
The
number
of municipalities
emitting bonds and the number
issues made during November were 98 and 105, respec¬
This contrasts with 56 and 60 for October.
comparative purposes we add the following table, showing
of separate
tively.
For
the
aggregate of permanent loans, excluding Canadian and United
89,000
2.74
1-780,000
rd2.110.000
1.954-1965
1966-1969
l-d920.000
1969-1970
>
rdC90,000
1946-1950
Hillsborough Co.,
Hillsborough Co.,
Hunt
Ida
Co.,
kandiyohi
2339
Lake Charles,
90,000
100.31
1.21
1.954
1-30,000
100.03
1.69
1954
r34,000
100.02
1.74
1954
1-50,000
100.02
1.74
TOO.65
Tib'
1945-1962
-
1%
1946-1960
1*290,000
1V4
1947-1956
10,000
1946-1964
250,000
1946-1955
1-55,000
100.45
1.12
60,000
100.02
1.54
10,000
100
1945-1961
49,000
104
~2.5 2
1945-1961
22,000
103
2.38
45,000
100.27
3.62
16,100
100.97
1.06
100.07
2.17
103
2.17
^4—iL—.
La.———.U—'
Co. S. D. 47, Mima.
Distv.l,
La.
1.20
20 years
——
2124
Laverne, Okla,——,;
Leitchfield, Ky.
■
3
2124
Leitchfield,
——i—2%
Long port, N, J.————''''3'%
,
Ky.
2341
Lorain,
2587
LOS Angeles,
2588
2341
Magoffin Co., Ky._
Madras, Ore.
2123
Maricopa
111
S.
Co.
D.
rd2,150,000
—
8,000
•.
3
...
1945-1976
rl44,000
VA
;
;
1946-1950
10,000
100.23
1.19
1945-1950
6,000
l'do:6s
l'.a98
Cashion
County,
Ariz—
Marion,
Marysville, Kan.
Memphis, TemL
Meridian Sep. S. D.t Miss
Ky.
■'
2
.
2339
2238
•1964
3
111.
40,
2124
2125
3,000
4-2
Madison
1945-1959
2%
.
1.20
.
—
•
50,000
500,000
2128
Mineral
1946-1952
2013
—3-1%
Mississippi (State oil.
Mount Pleasant, S. C.———
Nashua, N. H,__:
: 1
1-50,000
1945-1954
2453.
Texas;,
Wells,
100.26
1.17
Too "
~L47
r41,000
2)4
■
d30,000
1950-1954
1945-1964
.1-1 Va
J
1XA -1 Va
2127
1.63
d300,600
1945-1964
:2%.
Madison,
V
1946-1953
1960
Miss.
McComb,
2233
S.'D.,
1945-1948
•
Calif
Co.,
2452
•
■
114
;
Ohio
2339
c
36,000
Parish Garbage
Jefferson
2235
2453
1.65
dG5,000
—,lV4-l'Va
Iowa
2453
2126
0.87
100.43
1945-1963
1,70
Fla._._
Fla
Texas.
Grove,
100.12
39.000
1946-1959
1%
2233
70,000
1945-1964
VA
2342
32,000
1945-1954
:
Hempstead S. D. 9, N. Y.—'
Hillsborough Co., Fla,——:
.
1946-1959
100
1.58
100.83
r2,000,000
0.83
T77.000
155,000
1946-1957
dr90,000
—various'
1945-1968
1-1,115,000
1945-1953
67,000
100.10
0.87
2454/
Niagara Falls, N. Y.u^—0.90
Northwood, N. Dak'.—; '2l/2;:
1946-1955
dl 0,000
101.50
0.74
2340
North
Brunswick Twp., N.
181,000
100.41
2.47
2454
North
Hempstead,
Newport, Okla. 4_—
York City Housing
2126
2340
New
Authority,
2340
Y
1
Conn.
2455
Orange
2237
R.
1945-1961
50,000
100.14
1.38
1945-1955
110,000
100.40
0.83
214
—:—__
1969
100.25
2,33
Laiu'el Elem,
Calif—
1-15,000
R.
Co.
1.80
1954
Dists., Fla.;
& B.
1.80
1955
4
1945-1951
1948-1954
1945-1958
2127
Parsons,-Tenir.
2455
Rotan,' Texas
2125
St. Louis Co, S.
Pauls,
Savannah, Ga.
2454
Schenectady,
2240
Seattle,
2127
Somerset,
2238
Spartanburg,
1,000,000
1945-1949
46,000
Sutherlin, Ore.
rd6,000.000.
25,000
107.39
1952-1963
rl90,000
100.02
1.65
1945-1969
15,000
101
2.40
1.72
2239
University of Utah,
2124
rdl0,500
32,000
r32,000
100.82
0.88
1957
100.08
1.99
1945-1961.
212,000
100.12
1.58
rd75,000
100.74
1.08
Too" 08
Tl9
100.16
1.73
flooS5f
1,38
1946-1947
Vernon
2235
Utah_:—Parish, La.--——-—
Vicksburg, Miss.
2455.
Warwick, R. I._—
2013
Waseca
2454
Washita Co. Con. S. D. 8,
2591
Washington Co. S. D. 48, OreVk
Wayne Co. S. D. 112, III—tf.
2V4.
Westlaco, Texas (4 issues)—_variou§
1945-1950
25,000
1.20
1%
.
Minn.^^^—.-—'—Lll.
,
,
rlOO.GOO
1945-1954
1955-1959
r45,000.
1945-1959
.
21,795
(
,6,000
.1.65.-11/2
Wickliffe,
Ohio
Winn f ield,
La,
Medicine
Co.,
75.000
Minn.__
1946-1973)
•
,
4946.-1960;
sales
______
for
r656,000
Rate
Calgary, Alta,
2443
3
(Dominion
Canada
2342
Victoria, B, C
Total Canadian
1.Q9
k$71,445,395
loans
31/2
—
r
obtained
by
Refunding bonds.
Basis
Amount
Price
r$.l,200,000
100.17
3.39
1945-1950
serial
100.17
3,39
1946-1975
4*11,685,000
of)———
municipal- bonds sold in November.-
♦Temporary loan; not included in
funds
IN NOVEMBER
Maturity
of)
.various
or
temporary
Federal Government,
MUNICIPAL FINANCING
Name
2592
0.84
100.72.
I 18,000
Page
Calgary, Alta.
Canada
(Dominion
2,32
,
10O.O1
r95,000
(98
Optional,
k Not including $7,200,000
States and municipalities from agencies of the
2455
101.39
260.00Q
>-1949
—
November
d
No.
V'bi;
rdl 24,000
UT, 'I1946-1950
m(ihiicipalities..105 separate issues)__—^L4^.T——~r-\
Youngstown, Ohio
covering
—
,,
r/
30,000"
1947-1951
2J/a ' \
2 %>
0.85,
——
-
1.10
101.09
1945-1955
1.60
1 'A
Union Twp.,-N. J
bond
1.43
1945-1954
: 2
2235.
Yellow
0.75
*
1946-1956
—
Toledo, Ohio
Co., Fla
2453
1.45
100
101.67
Union
2454-
2.86
98
108.13
1% '
Twp, S. D., Pa.
Co.,
Too"""
r64,000
rdl8,000,000
1949-1973
v-L
C._„
S.
2238
2588
1945-1964
1945-1979
„■
2%J
___4-l)'2 '
2V«
2
1
Pa,
Stroud
1.40
2AG
6,000
0.75
Y
100.78
1-208,000
1946-1949
2
2%
Wash.
2238
2126
1947-1958
'
2V4-2% '
Fla.—
_——
N.
r83,000
{'•1
114 V.¬
Minn
St:' Petersburg,
■ •
IV2
D. 35, Minn.--
N. C.—;
St.
2338
1-24,000
214
—3-4
2233;
1.37
r (156,000
2238
Creek S. D., Okla.—IV2-IV4
Panolam Co., Texas——
314
2341
1.79
100.05
15,000
1.79
28,000
Pryor
Park,
100.05
100.03
1-55,000
1-47,000
Fla.-——
13,
Pottawattamie Co., Iowa——
Louis
4,000
Petersburg
St.
2591
St.
rdSO.OOO
1946-1953
2234
2453
10,000
1945-1961
—
Dist.
& B.
Polk
2588
1945-1977
1:40
0.90
314
.
Co.,
D.,
Orwell, Ohio
Pinellas
Co.,
2587
2V2 *
J._
—
Owenton, Ky.
2234
.
1.77
100
Great Neck
Olyphant, Pa.
2338
S.
.
,
Dist,, N. Y.—A———
Norwalk,
2233
N,
2455
New
2.31
^
CANADIAN
Total
101.77
100.02
1.70
Hailey, Idaho
1'—2 Va-2 V4
Hammond Twp., Ind. (2 issues)
None
Npne
1.98
40,000
Faraington,. Livonia and Bed-'' -,":V i."
ford Twps. S. D. 5, Mich—
Glen Rock, N. J
0.90
2235
100.21
1945-1962
2453
....
2.35
100.65
1946T954
2587
Total
None
47,000
1945-1967
<
334
3 14
3 14
.
Possessions;
r86,000
1945-1964
' 234
Everglades Drainage Dist., Fla.
2339
36,854,360
d25,OC0
150,000
N. J
Y
1.19
100,?0
60,000
45,000
1947-1963
Everglades Drainage Dist., Fla,
N.
1.70
101.33
1945-1959
2
Dublin, Va. —2)4
2,
1.70
100.45
1947-1951
2, Mirm._
Douglas Co. S..D.
2235
2343
100.45
dl,500,000
2-15 years
214
.
2.46
dx-2,000,000
1V4
Co., Texas
2589
Too
rd25,500,000
1945-1952
1%
d'Alene, Idaho..—
1.19
10,000
1965
Cleveland,1 Ohio —X%
Coahoma Co., Miss,
'L.
2124
2.16
100,35
110,000
r97,000
1946-1969,
C.—^'-3
District, 111.
Pa
District, 111.
lrb
2237
None
in Canada——,—
U.
1940
14,685,000
in
Placed
1945-1955
1956
2454
2238
1941
100.39
25,000
Sanitary
2452
years:
1942
r250,000
Sanitary
Okla.,
—None
S
Placed
of
during
$
•'
lpans'/iTJs.l'A .71,445,395
Permanent
Bonds
1943
' 1944"
.
1950-1959
Chicago
••;VYY ;
•
.^Y^mber .during the last five
:ewoilo} :efs\i
;•!
was undertaken
furiqsly'.a comparison of all various forms of obliga¬
tions puf dqt-in
,
•
101.50
Chicago
Sewer
The, bonds
the
" T;"'
tial improvement in
,
the
smallness
the
rd396.000
Cary;
2587
y:;:■ ;Y.-/-.Y3
issues it may be noted that there is good reason to
-
;
with
connection
In
1955-1962
2011
2587
witnessed, the volume for November having been no less than $65,081,500., leaving the amount of actual new money financing at about
YY .-y '' ;; yv■/ ;,/-v
0,99
102.77
2587
with the wartime trend of municipal financing, the
bulk of last month's borrowing was for refunding purposes.
As a
matter of fact such awards predominated to a degree not previously
$6,000,000.;
0.45
100.05
40,COO
Dist.,
2587
In keeping
i
1945,
year
YT/:;.
y'i'^
100
80,000*
l
—— ——
Institution
Co.
2587
States
v:.yy Y TY'V. Yl'-YY1-\;f
,
Texas
2238;: Dunmore, Pa.'—
bonds which it had offered without success on two occasions earlier
in the year..
40,000
2011
"Coeur
~2~41
1945-1946
2341
2124
1.74
Y03~"
1945-1954
1V'4
2125
Basis
1965-1.977
Carter Cq., Ky.r—T_—
J.
N.
N.
Price
100.02
2.20
Ky.—
Green,
Carbon
DAKOTA
Amount
rd95,000
VA
2455
Gross, District Clerk, that the
(Continued on page 2704)
by
1 ,139,822,962
:r$35,000
2%
—P---,
Cameron,
and municipalities
amounted to $71,445,395. during the month of November, more than
half of the output was accounted for by the Chicago Sanitary District,
111., and the City of St. Petersburg, Fla. The former placed an issue
of $27,000,000 and the Florida unit disposed of $18,000,000 refunding
financing
long-term
Texas
Bowling
raicipai §@ra dales in Hovemaer
Although
84,687,874
1
Camden,
2340
<
1 ,300,540,012
0.45
2455
2587
until 10 A.M. (EWT)y
be received
88,682,310
dr67.G00
234
Pa.
2339
2233
bids will
Ky.
2235
Pittsburgh, Pa.
Bend Offering—Sealed
1 ,210,494,700
1946-1959
.2)4
(2 issues
Bell Co., Ky.
(2 issues).
:
Berkshire Co. Mass
(P. O. Bridgewater), S. D.
TV-"Vv Y,
731,527,808
54,364,707
1954
l*A
1, Fla.
Ashland,
2234
Maturity—It is stated by Walter
J.
475,260,703
29,588,884
Maturity
Dist.
B.
&
R,
Co.
Alachua
No.
Bridgewater Indep. School District
7 general
817,751,815
82,680,536
Rate
Name
No.
2587
$1,000,; payable to the Borough.
on
ough Secretary, for the purchase
of $25,000 coupon fire apparatus
and improvement bonds, Denom¬
ination $1,000. Dated Jan. 15, 1945.
These bonds were approved - by
92,091,301
Page
Jan.
be
1 .086,582,869
issues put out
limits prescribed
''TV/yyv-^Yy
City.
112,713,762
1932——
1931
1930
1929——
817,084,792
47,306,174
11 Months
$64,855,702 $1 .020,356,584
present herewith our detailed list of the municipal bond
during the month of November:
We
therein
property
for, payable to the
157,885,225
—
1937-——-,——
bids will
received until 7:30 P.M. (EWT)
bid
Bond Offering—Sealed
stated that
sealed bids will be received until
11:30 A.M. on Jan.
15, for the
by a
a
within the tax
by law. The sale
of these bonds, is subject to the
approval of the proceedings of the
Department of Internal Affairs.
Enclose
a
certified
check
for
bonds
of
Sharnckin, Pa.
Bond Offering—It is
were
City
■
Lebanon, Pa.
that
80,095,136
Controller
upon request. The successful bid¬
der will be furnished
with the
opinion of Reed, Smith, Shaw &
McClay, \ of Pittsburgh, that the
bonds are direct and general ob¬
ligations of the City, payable both
as to principal and interest from
ad valorem taxes, without limita¬
that the bonds are valid and bind¬
tion as to rate or amount 011 all ing
general obligations of the
real
property
legally
taxable Borough,, payable as to both prin¬
therein. Enclose a certified check cipal and interest from ad valorem
for 2% of the principal amount taxes levied upon all the taxable
the
from
tained
$180,000 cou¬
77,507,257
1939——:—
1936——_
1935——
1934-,.
—
1933—
417,845,147
505,431,074891,357,631
1,031,175,500
1,035,785,555
953,487,890
17,016,303
1940,;———
multiple
of V4 of 1%, which must be the
same for
all of the bonds. De¬
nomination $1,000. Dated Dec. 1,
1944. Due $5,000 from Dec. 1, 1945
to 1954, inclusive. Registerable as
to principal only.
Principal and
interest payable at the Monongaliela Trust Co., Homestead.
The
Borough will furnish to the pur¬
chaser, free of charge the favor¬
able
legal opinion of Burgwin,
Scully & Churchill, of Pittsburgh.
Their opinion will state, inter alia,
in
a
For the
.
November
11 Months
$605,114,337
! 6.9,817,163
—
Month of
•
November
—A ' 36,854,360
1942———ji_
1941
For the
$71,445,395
,
1944——_
1943—
Bidders to name
the rate of interest
temporary bonds shall be in full
force and effect, according to their
blank
18
funding bonds.
required. Until their exchange
for definitive coupon bonds, the
terms.
Month of
Brosey, Borough Secretary, for
the purchase of. $50,000 coupon
may
as
be
Johnstown School District, Pa.
Sale—The
variations
and
insertions
Dec.
for
series of years:
bids will
until 8 P.M. (EWT),
(today), by Harry J.
received
on
issued with appropriate omissions,
$2,600, payable to the District.
Bond
be
the same form
definitive bonds to be thereafter
11' months
Possessions issues, for November and the
' ' 1 "
V
States
Homestead, Pa.
West
»
Bond Offering—Sealed
be substantially in
and de¬
successful bidder
the
bond or
principal
amount, of said bonds which shall
be:, sold
will
to
thereon.
interest
and
bonds
The
printed
or
bonds for the aggregate
maturity
beginning
with
those last falling, due upon pay¬
ment to the holder thereof of the
fore
2703
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4343
160
this mont.h's
total.
rl.8Cfl.00Q.
♦55,000,000
*65,000,000
$14,685,000
of balloting on
", ,•/
Approximately 125
reports.'
100.20, as noted here,
160, p. 2592, are due $1,000
from Dec. 1, 1945 to 1954, giving
a
basis of about 1.96%.
Interest
at
v.
TEXAS
.
Line Indep.
the
tent
issues
Sold—It is
the
Nov. 28,
bonds, approved by
$400,000
follows:
Texas
Authorized—A
election to vote on an in¬
(P.O. Fort Worth),
rates from
.
system.
1,800,000
and the balance
made
to
election
current poll
*
.
Rochester,
—
Mfnn.,
1,000,000—Palm Beach, port im¬
provements.
hold the
T
and
county
in
Voters
Cal., approved a
one-cent
amusement
tax, while
San Bernardino approved a threecent
tax
and
theaters
on
amusement
other
admission; Richmond,
f
Of the 30
.
.
■
,
-
T"
.
or
■
-
-
•
more
.■
•
.
1, 1945.
terest
major bond
W
at
eighth of 1%
successful
interest
•
system and
sewer
sewerage
Eugene.
Office,
Trust Co., New York
sewerage
or
sewage
of
the
the
of
results
needs
the
for
City,
the interest to
.
Gonzales County (P.
authorizations totaling $19,300,000
'.x/iy;
O. Gonzales),
Texas
for other purposes.
proposed
a
Another was
$7,000,000 issue to
County-Detroit
by city-county building.
build
a
Wayne
inventory
national
facilities
prepared by the sanitary engineers
division of the U. S. Public Health
Estimated
Service.
entire
total
program,
cost
which
of
in¬
Voted—It
is
r
bid
new sewer
specified by the bidders
and deducting therefrom any pre¬
mium
the
thorized
on
These
offered.
of
part
Nov.
at
7.
bonds
are
$2,000,000 issue au¬
the general election
Legality approved by
of New York
City, whose approv¬
ing opinion will be furnished the
purchaser without charge.
:
;
and
to the purchaser
bonds, its successors or as¬
signs, during the entire life of
said issue, that all revenue de¬
rived from
the City's operation
guarantee
and ownership of the water
and
maintained
has
been
advocated
benate-House
created
ture.
oudget
by
a
joint
committee
by the last State legisla¬
It is pointed out
in the com¬
■
,
at
a
enue
clause
"b"
of
Section
127
of the
Virginia to pre¬
vent said bonds from being in¬
cluded in determining the limita¬
tion of the power of the City to
incur
indebtedness.
Denominations, $1,000 and $500.
2, 1945. Principal and
(J-J) payable in lawful
money
of Canada, in Victoria,
Vancouver, f Winnipeg,
Toronto,
Dated Jan.
interest
Montreal
opinion of the above attor¬
neys approving
the validity of
these bonds will recite that the
bonds constitute "valid and
or
Bonds ma¬
Halifax.
turing after Jan. 2, 1955, are call¬
able on any interest payment date
and accrued
days' prior notice
providing, if part only of the
bonds are to be called, they shall
after that date at par
interest
be
on
60
called in reverse order of ma¬
approved
by
& McTag-
Legality
turity.
Daly, Thistle, Judson
gart, of Toronto.
SCOTIA
NOVA
Dartmouth, N. S.
Bonds Sold—It is
reported that
$17,000 3% semi-annual improve¬
ment bonds were purchased re¬
cently by the Royal Bank of Can¬
ada, of Toronto, at a price of
102.75.
Due in 1945 to 1950?
ONTARIO
Forest Hill, Ont.
Gundy & Co.
awarded on Dec.
13 a total of $37,534.51 2%% local
improvement and school deben¬
tures at a price of 100.10. Second
high bid of 99.51 was made by the
Bond Sale—Wood,
of Toronto, were
Dominion
The
bonds.
Jan. 2 in 1961 to 1975.
on
level
of
1960.
7,314,000 3%%, refunding
Due
Due
refunding.
Jan. 2 in 1956 to
on
will
produce sufficient rev¬
under the requirements of
Due
Due on
Jan. 2 in 1951 to 1955.
>1,680,000-' 3 */2%
■
of said
fixed
the State's various revenue funds
1,435,000 3% refunding.
will
maturity at the rate
,
1946 to 1950.
Jan. 2 in
on
/'•
,
refunding.
$1,256,000 2,1/2%
cost
works
systems, sewage
plant or system will be segregated
treatment plants, and sewer ex¬
and kept segregated from other
tensions, amounts to $2,255,150,000.
City funds, and that the rates to
be
charged for water shall be
cludes
mittee's report that the State ex¬
stated
pended $46,500,000, which was not
Curtis Baker, County Treasurer,
Results of the balloting on bond
controlled by any appropriations
that the voters approved the is¬
issues, which indicate a trend to¬ from the
Legislature, as well as
suance
of the $200,000 highway ward public approval of borrow¬
$14,500,000 of Federal grants. The
bonds submitted at the election
ing proposals, are encouraging to
on Sept. 22.
No offering date has city officials all over the country money appropriated by the Legis¬
lature and expended during 1943
been scheduled as yet.
who are preparing post-war plan¬
totaled only $12,000,000 of total
ning programs based on the issu¬
Hate County (P. O. Plainview),
expenditures of $73,000,000.
ance of bonds, the association said.
Texas
'• '
Headed
by
Senate President
Breaking some of the major
Bonds
Sold—It is
stated by
Grant
Macfarlane,
the
budget
Frank R. Day, County Judge, that issues down, the $41,000,000 Cin¬
committee recommended that de¬
the
$125,000 airport bonds ' ap¬ cinnati-Hamilton county total in¬
partments which spend earmarked
cludes
$16,000,000 for the city,
proved by the voters at the elec¬
money
be required to submit a
schools and $9,tion on Dec. 2, have been sold to $16,000,000 for
budget to the Legislature.
UQG,0Q0 for the county.
Of the
private purchasers.
;
•
Since
1933, it was noted the
city's $18,000,000, $6,000,000 will be
Pasadena Indep. School District
spent on streets, $3,000,000 on money spent from legislative ap¬
(P. O. Pasadena), Texas
has
jumped
from
sewers, $2,000,000 on grade cross¬ propriations
Bonds
Sold — The
following
ing elimination, $1,000,000 for a $7,000,000 to $12,000,000. The ex¬
bonds aggregating $250,000, ap¬
general hospital,
$1,000,000 for penditures from funds not con¬
proved by the voters at the Nov. parks and $2,000,000 for the Uni¬ trolled by the Legislature have
7 election, are said to have been
jumped from $15,000,000 to $46,versity of Cincinnati.' ■
purchased by Chas. B. White &;
The Hamilton County issues will 500,000. "fhis jump is due to the
Co., of Houston, at a price of'
welfare laws.
provide $3,000,000 for a new pub¬
100.038, a basis of about 1.68%:
Many economy steps were rec¬
lic library, $3,500,000 for a sani¬
$100,000 U/2%
building
bonds. tary sewer development, $1,000,- ommended by the budget commit¬
Due on Nov. 10 in 1945 to 1953
tee. It said $63,000 a year can be
000 for a county road
building
inclusive.
program
and
$1,000,000
for a saved simply by having the State
150,000 1%%
building
bonds. county court house.
Finance Commission take over the
/•
Due on Nov.
10 in 1954 to
accounting of the State Liquor
Baltimore voters approved $10,1959; bonds maturing in 1956
Commission.
It was found that
000,000 for a through highway
to 1959, becoming optional on
accounting costs of the Liquor
project; $3,000,000
for another
Nov; 10, 1949.
Bonds
interest
rates
or
Constitution
an
the
will be computed by determining
is
program.
no
follows:
as
the
be
and.
if any premium is specified the
said premium shall not exceed
$l,00Cv In determining the best
bid the interest cost to the City
but
that
$1,000,000 appropriation for ; bond issue turned down by the
expanded vocational training same voters who approved bond
lowest
City.
to
on
sold
bidder
13,915 of the
sanitation
p.
considered for less than par,
Utah (State of)
used. These j issues up for approval, only three
expire on Dec. 31. Principal item | or four were rejected; one of these
Economics in Revenue Funds
in the proposed building program , was a $3,000,000 Baltimore street
Recommended—Tighter control of
a
be
lowest' responsible
The
City, in conformity with
16,752 communities of all sizes in »Section
3090, Code of Virginia,
the United States, according to
offers to and will contract with
of
as noted here—v
160,
2343—it is stated by D. A. Macdonaid, City Comptroller-Treas¬
urer; that the bonds were sold at
a price of 98.318, an average basis
of about 3.77%, and are divided
Toronto,
at the Manufac¬
or
will
bonds
refunding bonds to a syndicate
by A. E. Ames & Co. of
headed
and
Principal
turers
The
000
payable at the City Treas¬
Wood, Hoffman, King & Dawson
treatment is needed at
$11,685,-
specified by the
as
bidder.
.
Many Local Units Found Lack¬
connec¬
tion with the sale of the
(not ex¬
urer's
to
a
rate or rates
a
ceeding two rates) per annum, ex¬
pressed
in a multiple of one-
basis
To finance
$1,000. Dated Jan.
The bonds will bear in¬
COLUMBIA
Victoria, B. C.
Sale Details—In
Bond
Denomination
Cal., however, rejected a proposed
the
school district building.
the bond interest and
retirement fund.. An effort is be¬
would go to
ing
electric
2,000,000—Roanoke, Va., further
developments of water supply
posed 10-cent increase, five cents
be applied tq payment of
prior to Jan. 1 so that
tax receipts fnay be
Chicago,
—
street lighting system.
would
salary increases
improvements.
sewer
3,000,000
of teachers
Of the pro¬
salaries
increase
school
Redondo Beach,
—Additional
Tacoma, street.and
—
4,550,000 — Long Beach, storm
bridges and storm drains.
$2,180,300 school
bonds and
and other employes.
for
proposals.
.
trict construction.
5,500,000
buildings construction
to
cial levies
5,980,000—Akron, O., school dis¬ ing Adequate Sewerage Facilities
provide funds to retire a
proposed issue of
tubercu¬
a
BRITISH
interest.
ex¬
hospital; in Cleveland, how¬
ever, .voters failed
to give the
necessary 65% majority for spe¬
Jan. 1,
on
1975; callable on any interest
on or after Jan.
1, 1965, at 102 and accrued
years
losis
trol.-'
$1.10 to $1.20 is said to have been
authorized by the district. Reve¬
nues from the increase would be
used to
district,
roads, courthouse, flood con¬
■
-.J'..
Special Election
tax
the
to
three
for
,
Worth Indep. Sch. Dist.
school
mill
Series
system,
bonds/ Due
payment date
two-cent admissions tax.
of the
Some
,
able j-d.
of
limit
tax
one
disposal
plant,
The
Dalles, Ore., adopted a three-mill
"33,750,000 — Houstbn, post-war special levy for three years and
projects and school district approved the addition of 25 cents
to
water
construction.
bills; voters in other
cities,
meanwhile,
ap¬
19,300,000—Baltimore, public im¬ Oregon
proved special levies for munici¬
provements.
:
•
13,360,000 — San Francisco city pal buildings in Marshfield and
and
county,
sewer
bonds, Lebanon; a city jail and police
headquarters in Portland; parks
juvenile home.
17,000,000—Harris county, Tex., in Klamath Falls, Oswego and
due
crease
largest.
county, school
post-war projects.,
as
special
and Houston
ilton
1945 to
Forth
of
for the construction of
$41,000,000—Cincinnati and Ham¬
$50,000 from Dec., 1,
1952;: the remaining $100,000 as 1X/4S, due $50,000 on Dec. 1
in 1953 and 1954.
Interest pay¬
l%s,
15-mill
welfare
larger issues approved:
associates, at a price of 100.075, a
net interest cost of about 1.56%,
as
three-
,
Cincinnati
the
issues
were
divided
the
with
at an election on
purchased by R. A. Under¬
wood & Co., of Dallas, William
N. Edwards & Co., of Fort Worth,
W.
A.
Jackson, of Dallas, and
voters
to
Cincinnati, Houston, Baltimore,
San
Francisco,
Akron, Tacoma
and Long Beach were among the
larger cities voting bond issues,
Schools,
struction
than
more
fourths rejected.
Fly, County Superintendent of
that the $500,000 con¬
H.
submitted
was
with
voters,
Texas
stated by m.
Sch. Dist. (P. O. Odessa ),
Bonds
local gov¬
water
WW-2
Voting on special levies, Gen¬
County,
Mich.,
in
which
Flint is located, voted to break
$175,000,000, of which at
least $150,000,000 were approved.
In
1943, the association pointed
out, a total of only $20,000,000 in
bond
instead of the
esee
1
taling
..
Ector County, County
•j'* '
•
general fund,
ernments voted on bond issues to¬
payable J-D.
570,000
present 12%.
bond issues up for
the Interna¬
tional City Managers Association
$10,000 school bonds sold to the
First State Bank of Bridgewater,
2s,
the
consideration Nov. 7,
(Continued from page 2703)
as
Monday, December 18, 1944
THE COMMERCIAL & FINANCIAL CHRONICLE
2704
ronto.
■
Securities
$25,000.00 school
bonds.
10 years. x
legally
To¬
bonds.
Due
in
.
improvement
7,177.93 local
binding obligations of the City of
Corp.,
-
Due in 10 years.
and said City of Roa¬
3,594.45 local
improvement
noke has power and is obiigatec
bonds. Due in 15 years.
to levy ad valorem taxes for the
1,762.13 local
improvement
payment of said bonds and the
bonds. Due in 5 years.
interest thereon upon the prop¬
Leaside, Ont.
erty within said City, subject to
taxation by said City, within the
Bond Sale Details—In connec¬
limits prescribed by law." In ad¬ tion with the sale of the $91,295.61
dition, if the contract referred to (not $77,000), bonds to Dyment,
in the preceding paragraph is en¬ Anderson & Co., of Toronto, noted
tered into, said approving opin¬ here last July, it is now stated by
ion will recite that the City is ob¬ B. V. Burgess, City Treasurer, that
ligated, "while any of said bonds the bonds were purchased as fol¬
remain outstanding, to segregate, lows:
and keep segregated, from other
$60,000 3% school imp't bonds, at
City funds, all revenues derived
99.60, a basis of about 3.05%.
by it.from the City's operation
Due
July
15,
as
follows:
and
ownership
of
said
water
$3,225.99 in 1945, $3,322.77 in
works plant or system, and to fix
1946,* $3,422.45 in 1947, $3and maintain rates to be charged
525.13
in
3948, $3,630.88 in
water consumers at a level that
1949, $3,739.81 in 1950, $3,will produce
sufficient revenue
852.00
in
1951, $3,967.56 in
under the requirements of clause
1952, $4,086.59 in 1953, $4,Consti¬
Roanoke,
,
"b" of Section 127 of the
prevent said
included in de¬
limitation of the
tution of Virginia to
bonds from being
$4,335.46 in
in 1956, $4,599.49
in 1957, $4,737.48 in
1958, and $4,879.68 in 1959.
17.955.80 2V2% local imp't bonds
at a price of 99.60, a basis of
209.19
1955,
in
1954,
$4,465.52
termining the
City to incur indebtedness, and
$9,674,- said revenues will be applied to
airport,
$3,000,000
for
sewers,
429.74 amounted to about the same the extent necessary to meet the
Dated-Nov.; 10, 1944. Principal
about 2.63%. Due July 15, as
$2,000,000 for various public build¬
as
the cost of .handling $48,911,- payment of the principal of and
and interest
(M-N) payable at
follows:
ings, the rest for various other
$3,416.04
in
1945,
448.77 by the Finance Commission. interest, pn said bonds, as the same
the First National Bank, Houston.
purposes.
$3,501.44 in 1946, $3,588.97 in
!!>'kl
{U'r-.
•
The committee also recommended become'due.f Enclose a certified
1947, $3,678.70 in. 1948,. and
r).
Port Lavaca, Texas ;
Elsewhere, Eugene and Hills- that the enforcement division of
check for $30,OOOf payable to the
Bonds, Sold—It
is stated that boro, Ore., voted bonds for con¬
$3,770.65 in 1949. \%.,V '• !v'
the Liquor Commission be made City.
'
...
j,:u :> , '
•
13.339.81 3% local imp't bonds it
$55,000 4% semi-annual refunding struction of swimming pools to an
independent law enforcement
municipal market and cold stor¬ uphold a brief tradition under
par. Due July 15, as follows?
unit.
wiscd[i§i*iv
age
revenues refunding. - Series
which every bond issue submitted
$1,163.64 in 1945, $1,198.55 in
Milwaukee Coun}jF'(P. Oj Milwau¬
1944 bonds
were
purchased re~, in Oregon to finance post-war
1946, $1,234.50 in 1947, $1,VIRGINIA
271.55
in
kee), Wis.'
'
c°ntly by the Ranson-Davidson projects has met with approval;
1948, $1,309.63 in
Roanoke, Va.
1949, $1,348.97 in 1950, $1,Bond Offering Not Expected—
Co., of San Antonio. Dated Sept, Portsmouth, O., approved a $110,Bond Offering—Sealed bids will
389.45
in
1951, $1,431.13 in
15, 1944.
Legality approved by 000 bond issue to pay the city's
It
is
stated by Frank
Bittner,
John D. McCall, of Dallas.
share of the cost of completing be received until noon on Jan. 3, County
1952, $1,474.06 in 1953, and
Auditor, in connection
the
flood
wall along the Ohio by L. D. James, City Clerk, for the with the $640,000 airport bonds
$1,518.28 in 1954.
UNITED STATES
Interest payable J-J.
River; Seattle and six suburban purchase of the whole but not any approved by the County Board
cities
United States
approved
various
school part, of the following coupon gen¬ last June, that the county has in¬
Port Arthur, Ont.
bonds aggregat¬ cluded $640,000 for the retirement
Results of Balloting Nov. 7 on bond issues and special levies, in¬ eral obligation
Bonds Sold—It is reported that
>
Bond Issues, Charter Amendments cluding a special Seattle 4-mill j ing $1,585,000:
of these bonds during 1945. How¬
$56,522'improvement bonds were
and Other Local Proposals—Pub¬ levy for post-war school build¬ $1,015,000
water system, Series ever, since the proceeds will not
purchased recently by the Royal
Glendale, Cal., defeated a
lic
sentiment favorable c to
re¬ ing;
WW-2
bonds.
Due
$35,000 be needed until early in 1945, Bank of'Canada,"of Toronto, at a.
sumption of large-scale borrowing charter amendment to enable the
from Jan. 1, 1946 to 1974, in¬ the bonds will not be offered for price of. 103.22.
Due in 1945 to
by local governments in the post¬ city to transfer 20% of the oper¬
1,959. u,.k m./I
sale.
clusive.
revenues of its utilities to
war period is indicated by results: ating
Commission
to
handle
.
1
•
@FedFRASER