The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
£
Y(
■
-
>v«»
MONDAY
etc
I an.
ommetci&i and.
r
Volume
cents per
dividend of 50
year-end
stock,
common
$5, payable Dec. 29
last, a distribution of 25
par
April
On
23.
Dec.
l,
Subs.)—Earnings—
operation.—————
and repairs!
miscellaneous expenses-—-j.
U. S," Federal income taxes——;
Maintenance
General, and
Provision
Other
for
taxes
Provision
Profit
foreign exchange
on-
30,064
49,128
$929,575
119,465
long-term debt
124,065
•
■
entire
the
for
158, p.
la42> -V.
year
Cash
National
See
directors
The
common*-stock,
of
tributions
•;
50
New York Stock
New
'
.
the
Dis¬
last,
v ;;
Philadelphia Stock
St.
'
later.
American Cable &
9 Months Ended
and
Maintenance
_
————-~_
;
repairs——
_
Other
taxes.
Provision
.
depreciation and
Provision for
Loss
Net
Net
operations.—
from
income
before interest on
income
Interest on long-term
Net
for
long-term debt,
—_:—_——-■——
entire year 1942.—V.
$1,642,023
252,520
•
of
Products
the
Crown
plant,
of
both
group
The
An
extra
dividend
of
dividend of 50 cents per
25 cents per share have
,.
..
\
share and the .usual quarterly
been declared on the common
on
Dec.
...
2517
__.__2487
2487
.___._2487
...2507
Co.—Whiskey Distribution Plan—
Judge
J.
115,702
$0.61
$0.35
trade
$301,624;
plan. The first
the issuance to holders of the company's
250,000 shares of warrants evidencing the right to purchase for each
share held," 16 cases oi "Rocking Chair" whisky at a cost for the Jot of
$242.70.
This cost for "Rocking Chair," a blend of straight whiskies,
includes Federal, excise and rectification tax of 30 cents a gallon, as
yell as the bottling cost.. It does not Include either State or iocal
taxes or freight charges.
Each case contains 12 bottles of four-fifths
a
quart each.
The second
when
and
/stockholders
"Good
Old
p31, 1943
(less reserve of
Government for plant
receivable
accounts
receivable from U. S.
$1,572,511.
provision for estimated
renegotiation adjustments, $100,000;
salaries and wages, and taxes
withheld therefrom, $74,001; taxes, other than taxes on income $31,672;
dividend payable Sept. 1, 1943, $28,926; Federal taxes on income (est.),
$140,000; reserve for post-war conversion of. plant, $60,000; common
stock
($1 par), $231,400; capital surplus,
$410,000; earned surplus,
Liabilities—Trade accounts
payable, $158,681;
$1,572,511.—V. 158, p. 1821.
Electric Co. (& Subs.)—Earnings—
American Gas &
Period End. Oct. 31—
1943—Month- -1942
,
$
Subsidiaries Consolidated
Operating
Operation
9,587,674
revenue
3,518,900
of
Amortiz,
——604,447
1,163,150
16,667
180,029
907,762
781,629
99,999
7,337,145
9,669,359
9,713,755
820,575
1,924,766
2,481,335
32,766
24,104,484
284,543
23,139,691
254,957
2,514,101
24,389,027
23,394,648
607,158
7,226,285
7,300,785
25,301
780,815
437,425
323,640
3,884,099
3,884,099
930,627
665,024
1,558,002
12,497,828
11,772,338
9,531,792
8,308,545
265,603
1,558,002
2,966,036
3,463,793
2,966,036
3,463,793
8,308,545
649,978
842,800
33,601
profits tax
—
;
22,870
:—1,947,636
debt—
599,846
(Other int. & "deducts..
93,523
Divs. on pfd. stocks
323,640
income
funded
on
Divs.
earn,
for
com.
__—1——
com.
on
stocks—
'
......
Undist. net income of
consol,
subsidiaries
American
net
Undist.
Gas
and Electric Company—
income
above)'
/
5,625,569
—819,996
.
income
Gross
13.254,027
7,890,169
11,272,085
9,831,706
Operating income
Int.
13,764,649
1,116,842
8,333
taxes—
*tFed. excess
Other
104,094,742
35,255,196
648,653
adjust..—
income
taxes
1943—12 MoS.—1942
$
$
8,851,266 110,254,412
2,947,098
36,988,889
515,425
6,387,762
plant
elec.
acquisition
(as
:———
265,603
1,558,002
of company from
subs, consol.:
Inc.
54,165
54,165
63,338
3,108
64,163
2,211
9,531,792
649,978
771,177
43,261
1,051,238
on
665,024
1,678,540
13,962,243
24,638
18,815
262,053
13,298,718
319,989
1,026,600
13,700,190
12,978,729
1,075,486
1,102,932
623,432
519.217
1,689.209
1,689,209
on
Divs.
stocks—
pfd. stocks——
bonds & advs._
Divs.
Int.
on
com.
income
Other
Total
Gen.
taxes &
be
Guckenheimer,"
given, the
right
bottled in bond
to purchase
whisky at $46.50 for the
two, for each share held. This price likewise includes all cost with the
exception-of. State and local taxes and freight charges estimated at
around 50 cents a case.
There are 12 full quarts in each case.
Arrangements may be made, at the option of the trustee whereby
exp.,
net.
deducts.—
Federal income taxes*..
88,353
43,991
1,659,724
90,640
53,414
pfd, stocks—
140,767
140,767
Balance
Int.
&
Divs.
Bal.
Feb. 29,
two cases of
final step in the distribution will come on
will
Aug.
...
operations will be entailed in consummating the
Two
.
115,703
Nil
*16*434
$82,112
termination claims under war contracts, $94,506; inven¬
tories, $317,986; investments and other assets, $8,072; property, plaht
and equipment (less reserves for depreciation and amortization, $240,129), $522,101; patents, $1; deferred charges, $23,674; total,
Other
of
and most important .will be
of
28,926
$0.57
*
and
facilities
14 announced details of its plan for convert¬
trust for stockholders:
at Mahwah, N. J,
;
Banks
ceiling prices for this scarce commodity.
Leroy Adair of Peoria, 111., earlier on the same
day had denied a petition by Harry Hendin of St. Louis, Mo., a stock¬
holder, for an injunction to restrain the company from consummating
the plan.
At the same time, Judge Adair issued a counter-injunction,
asked by the company; restraining interference either with the plan or
with its consummation by the trustee who now holds the whisky in
which will continue'to be made at
Distribution—
company
Federal
With the
:in
be
*$48,887
28,926
$2,0001, $304,549; amounts
the prevailing OPA
will be distributed in the future under the name Kelloggplant will benefit from the research and engineering
organizations,' and from that of the American Brake Shoe
of technologists
Member
ing237,500 barrels of whisky—practically its entire inventory—into an
estimated $8,000,000 cash by permitting stockholders to purchase the
whisky on a pro rata basis at cost or book, value, which .is far below
Each
Extra
of
____2510
American Distilling
Crown's production and research facilities, service
where Kellogg-American is widely known and used will
$132,578
$140,951
'
t
'
Bal.
the pur¬
Angeles,
'*45,300
:
stocks
period
1,696
Balance Sheet,
269,535
Los Angeles,
Crown,
*Loss,
*Fed.
...2517
Statement
Auction Sales
•
■
Kellogg-American line of air compressors a com¬
expanded,
of Federal
Flotations for November..
Capital
158, p. 1341.
of
fields
Statement
Stock and Bond Averages......
exhaust-fans
the
Rates___._._^_—-__.-_.2517
Condition
Transactions N. Y. Curb Exchange
$658,963
plete range of spray equipment including guns, booths,
and paint containers.'
Kellogg also makes car lifts and high-speed car washers.
purchase
Payable..2511
Clearings.
_-__2504
$186,251
*$47,191
10,684
$337,831; total,
November......2523
Sinking Fund Notices.2511
2,932
$98,546
'
News.2461
Sales__.2520
Transactions N. Y. Stock Exchange
,
"
announcement further says:
the
Section. ...2503
...2503
Markets.........
Federal Reserve System...:
California.
to
...2501
......
Reserve Banks
85,035
for the nine months'
American Brake Shoe Co.—Acquisition—
Division of this company on Dec. 15 announced
chase of the Crown Spray Gun Manufacturing Co. of Los
This-adds
-
$928,498
The Kellogg
The
...2501
6,897
140,000
v,-..
Depreciation
Condition
$843,463
$1,389,503
—
comparative purposes, the accounts
have been restated to reflect the
the
...2501
$179,354
24,579
$283,262
Maintenance
Combined
proportionate amounts, for
such period, of U. S. Federal Income tax and of provision for con¬
tingencies based on the adjusted amounts finally provided therefor
1942
...2500
$35,614
*$71,770
2,474
profit.—
paid in cash
per sh. on 231,400
shs. cap, stk. (par $lj
The Course of Bank
Gr59,842
$1,587,712
54,311
debt of subsidy-
.—2k,
income
*For
of
______
——
.$280,788
>'
Net
Municipal Issues Sold in
1,155,087
4,014
—1-
income —:
Non-operating
...2500
Exchange......
Foreign Exchange
1,135,987
amortization—
foreign exchange—
on
234,396
60,000
tax*.
normal
Assets-^-Cash,
State and City Bond Offerings and
375,000
contingencies———.
for
221,977
Earn,
General Corporation and Investment
*1942
1943
operation—-J.
of
Expenses
misc.
...2500
Miscellaneous Features
$12,378,108 $10,889,966
4,823,116
4,648,492
1,241,066
1,456,710
1,214,016
1,201,055
698,000
1,086,073
774,684
1,083,441
—
1,464,944
207,945
Divs,
...2499
Exchange.......J... ...2500
Redemption Calls &
2,637,729
191,842
exp._—
———
for
Dividends Declared and
/ General and miscellaneous expenses—
Provision lor U. S, Federal income tax—
n
(Inc.) are said to
1,194,972
con-
.(net)..—
income
Prov,
...2498
Toronto Stock Exchange—Curb
either for $3,675,000 or
either 10-year or 15-year
_
?
Stock
Toronto
post-war
and
int.
-2498
£_
Stock Exchange.
Over-the-Counter
Co.
Sept. 30—
—
_ _ _
Montreal Curb Exchange
Radio Corp. (& Subst)— Earnings—
Operating revenues
_i
Louis Stock Exchange.
to
Bidders may submit proposals
$3,920;ooo of the obligations and may specify
paper.—V. 158, p. 2245.;
'
■
__
Pittsburgh Stock Exchange.
Montreal
$1,794,954
plant*..—
Profit
.2493
Angeles Stock Exchange
Los
bid for the road's issue of new equipment trust
certificates.
Others, it is stated, may enter the field as the Dec.
30 date of sale draws closer.
The original bidding invitation specified
Dec, 27 as the date of sale, but this now has been changed to three
days
Exchange
1940
$3,025,028
3,035,947
profit—...
Mis6.
-2498
headed by Halsey, Stuart &
one
groups,
'
Detroit Stock Exchange
Equipments-
by Harris, Hall &
headed
one
field
the
in
be
<
and
Inc.,
Co.,
banking
investment
Two
'<■
f\t [
Cincinnati Stock Exchange.....________ ...2499
...2499
Cleveland Stock Exchange
......
Corp.—Dividend Rate Increased— •/
Alton RR.—May Issue
Exchange~-
Chicago Stock Exchange
have. declared a quarterly dividend of 25 cents per
share on
the common stock, payable Jail. 20 to holders of record
Dec. 31.
In previous quarters, distributions of 15 cents each were made.
\ —V. 158, p. 1341.
-
Stock
Boston
2357.
for
version of
..2477
Stock Exchange...........
Baltimore
1941
$1,315,044
of
Operating
Quotations
Curb Exchange.
York
1942
$3,648,712
returns, al¬
discount
less
-Earnings-
Co.
1943
31—
Admin.;
Page
directors
The
.
American Forging; & Socket
goods sold—_
sell,
and
en¬
gineering expenses-—
Issue
been sold in
of "Good Old Guckenheimer"
—one
case of lye and one <,f Bourbon—would add
$4.50 a case, and
freight charges roughly go cents a case.—V. 158, p. 2357.
<
;
have declared a dividend of $1 per share on
payable Dec. 28 to holders of record Dec. 20.
cents each were made on June 15 and Dec. 1,
Allied Stores
t
This
Stock and Bond
1341.
15, 1942.—V. 158, p.
this particular brand has ever
of
taxes cn the two cases
New York State
Prov.
Machine Corp.—-Sale—
Register Co. below.—V. 157, p, 2442.;
and on June 12 and Dec.
whiskey
dentally, no
York.
New
Cost
In
Inc.—To Pay $1 Dividend—
Allied Mills,
on
about <50 cents
lowances and
Allen-Wales Adding
-
the 16 cases of "Rocking Chair" whisky
$57.60 for the 16 cases, while freight charges
a case or $8 for the 16 e»s»s.
Ti <-
taxes
State
aveiaga
Years End, Aug.
:
-
——
York
add $3.60 a case or
wouid
Sales,
$810,110 $1,097,138
•For comparative purposes, the accounts for the nine months' period
4'
-'•» have oeen restated to reflect the proportionate amounts, for
such period, of U. S. JFMersil income tax and of: provision for con-.
tingencies based qn the adjusted amounts finally provided therefor
———:
income
Net
and
dry States.
$1,221,203
debt_j—
exercisable
be
three
would
;,
.
$1,172,075
22,071
1933.
71,140
$907,504
p.
Secretary of the company, indicated that stock¬
warrants evidencing their right tp purchase the
Dec. 24.
through presentation with the appropriate
check to the Bank of Manhattan Company In
New York, the transfer agent, which will then either issue new stock
certificates or stamp the old ones to the effect that the right to pur¬
chase the whisky has been exercised.
The whisky at present is in storage in the company's plants.
No
distributions will be made in Kansas, Oklahoma cr Mississippi, the
will
certificates
—
before interest oil
income
Net
Interest on long-term
Concession
597,013
receive
whisky some time before
548,279
(Cr)__—————
income
Non-operating
made a secondary distribution of 2,000 shares
(par $10) at $41.50 a share on Dec. 14.
to NASD members 60 cents a share.—V. 158,
& Co., Inc.,
of Class B stock
375,000
•
General
Cyanamid Co.—Secondary Offering—BIyth
701,102
499,924
operations--—
Net income from
of engineer¬
Purchasing Agent, has been
appointed Vice-President in charge of purchases.—V. 158, p. 2357.
American
Brown,
S.
will
holders
New
//oughby in that capacity..
Alvin A.
Borgading, formerly
621,000
751,232
——————
—
— —
for
:
Director of research and development.
Edmund D. Campbell, formerly General Mechanical Engineer, is now
Vice-President ii; charge of engineering,
succeeding Victor R. Will-
742,762
•
592,322
718,335
contingencbc——
'»—1for depreciation and amortization-
Provision
the following appointments
'
„
ing, has been assigned as
2,092,078
Federal and State permits may
sary
holding the neces¬
get their equivalent share in bulk
distillers, bottlers or rectifiers
stockholders who are
These
*
$6,778,169
$6,537,031
2,233,392
864,386
—
MISCELLANEOUS
-
stock
*1942
1943
Operating revenues
Expenses of
•
,,
Willoughby, Vice-President, formerly in charge
Victor R.
Copy
form.
Vice President.—V. 158, p. 1725.
announces
designations of duties:
and
have declared an
.
All America Corp. (&
9 Months Ended Sept. 30—
Extras of 15
16.
Foundry Co.—Promotions—
&
Hardy,, President,
J,
Charles
-
;
, .
extra div¬
idend of 25 cents and the regular dividend of 25 cents per share on the
common
stock, both payable Jan. 15, 1944, to stockholders of record
Dec. 31, 1943,
Like amounts were paid in each of the 15 preceding
quarters.—V. 158, p. 1725.
. *
V
.
Reduction Company, Inc.,
Car
American
Dividend—
Air Reduction Co.—Extra
Directors of Air
INSURANCE
-
Thomas
Blume' has been elected a
W.; A.
60 Cents a
Price
New Vice-President—
to holders of record
cents per share was.
made, compared with 50 cents on -Dec. 29, 1942, $1 on Dec. 26, 1941,
and 25 cents on Feb. 14, 1941.-r-V. 157, p. 985;'
the
INDUSTRIAL
-
stock, both payable Dec. 28 to holders of record Dec.
cents each were paid on June 30 and Sept. 30, last.>
V
share has been declared on
Corp.—Year-End Dividend—
Ainsworth Mfg.
A
PUBLIC UTILITY
-
Office
and Investment News
General Corporation
RAILROAD
Tat.
N. Y., Monday, December 20, 1943
New York,
Number 4239
158
S.
U.
Reg.
—
misc.
on
earned
for
»
com.
753,487
1,374,902 10,312,063
9,667,368
post-war credit part of which is to be
currently realized as a result of debt retirement.
The tax charge
for the one month October, 1942 includes a credit of approximately
$540,000 for overaccruals made prior to the passage of the Revenue
Act of
1942.
The «charg.e for the current twelve months includes a
stock
*
After
deducting
the
10"%
THE COMMERCIAL & FINANCIAL CHRONICLE
2462
credit
of
period,
approximately $200,000 applicable
and the charge
for the 12 months,,
the
to
able,
12 month
previous
tThe
Internal
five-year
have
in
of
period
been
the
Revenue
and
certain
certified
by
effort.
war
the
The
844,400;
its
on
but,
books,
addition
in
,
.
income after all charges
Net
•—V.
"and taxes—-.——
:.'
'
6 Mos. Ended June 30—
Profit after charges,
$35,097
1942
1943
.
$2,262,073
for
Federal
Provision
for
p.
$4.84
12 Mos. End. Sept. 30—
1943
1942
.
Operation
State,
local,
State
income
Federal
etc.,
2,004,959
2,615,751
2,867,767
3,843,233
149,733
taxes——
and
taxes.—
Net
J
Net
earnings from utility operations————
income
(net.)
—
'
———
——
4,655,456
$6,884,640
296,930
•"*
Net
Int.
•
earnings
divs.
&
securities held
on
Balance
3,097,142
$4,034,428
88,500
Income
&
net
5,335,543
of
subsidiaries
divs.
and
other
sources
income..
2,337,352
and taxes
53;275,5G5
1,676,684
1,670,018
(Am. Lt. & Tr. Co.)—
594,113
profit
•
Co.—Earnings—
for
net income
__7_— $5,034,685
preferred stocks———_b_—" 804,486
.on
'
loss
•
Net
$5,819,905
adv.
on
balance..,..--.^———//L.—
of
share
per
Note—Federal
income
for
taxes
$4,230,199
:
stock.
common
$5,015,419
$1.53
profit
current
period
prescribed by the Revenue Act of 1941.—V.
158,
are
based
mately
$1.81
•
.
—V.
American Locker Co., Inc.—Transfer
State
Street
for
the
the
class
to
Trust
class
shares,
class
American
no
share
-
."The
to
An
stock
common
The
current
become
of
representing
immediately prior
American
which
dividend
common
was
the
for
record,
6,485
directors have, also
in
both
been
maintained
for
"It
243,000
193,663
income
and
7 .
taxes..—266,025
♦47,445
408,200
,
stock
on
Dec,
25
cents
on
date
The last
20.
30,
share
is
ended
able
was
paid
on
and
merger"
of
this
which
on
Federal
taxes
Other
taxes
Prop,
retirement
depletion
Net
shall
be
the
,4 V'2
today
last,
30,
41/2%-
5,019,249
bondholders
9,966,632
July
11,820,921
this
to
other
7,822,594
"44,156,819
329,446
136,374
Balance
Net
44,486,265
■'
3,913,288
15,700,694
15,674.337
6,801,312
3,944.314
28,785,571
17,400,096
1,786,149
1,792,943
7,159,568
7,171,748
2,151,371
21,626,003
10,228,348
5,015,163
to
interests.!—
11,043
7,948
5,004,120
2,143,423
American Power &
59,748
above).
(as
income.
3,004,120
2,143,423
21,566.255
15;904
75,684
2,159,327
21,641,939
27,892
,
other
♦Full
.<69,268
436,650
384,589
2,687,096
2 794 897
or
38,725
76,913
318,651
299 T96
4,188,368
———
dividend
1,299,109
18,199,542
6,786,736
requirements
unearned.
.
applicable to respective periods whether
.
Statement
(Company
——
—_____
75,684
$7,639,777
,
' 69*,268
$10,802,236
$7,709,045
436,650
384,588
Expenses
and
Income
taxes..
other
deductions...
;
2,687,096
J
Balance Sheet,
$4,230,363
Sept. 80, 3948
Assets—Investment
'i
securities and advances—subsidiaries,
$247,850 cash in banks—on demand,
$5,184,280: special cash deposits,
$1,057,856; U. S. Govt, obligations, direct and
guaranteed, $15,045,676;
State, municipal and other short-term
securities, $165,322; accounts
receivable from others than
subsidiaries, $1,340; accrued interest receiv¬
069;
the
•
National
that
above
as
•
of
*
the
subject
with
Revenue
'•
and
assets
to
used
men¬
•'
.
will
be
and
in
the
determined
balance
by
the
sheet
for
auditors
that
of
the
on
The
year.
corporation
completion of the proposed division of properties
determination and restatement of the values of the
will
the
to
be
on
Jan. ,1,
1944,
shown
July
/""/
first mortgage income
dollar
States
income
capital
and
bonds,
tioned
t
stands
at
.
accumulated
.
instead
of
the
a
the
re¬
equity
of .Dec., 31,
as
previous
figure
of
2007.
SEC
part of Associated Gas & Electric System, has peti¬
a
divest
to
itself
through sale
Union which it
due Sept.
shares of
$750,000,
,
J
of
on
all
owns
its
entire
Interest
outstanding
to
William
in
securities
E,
Union
and
Vogelback
Gas
&
indebted-
of
Chicago.
1940, r$841
stock
accrued
($100
include*
$700,000
a
interest
par).
On
such
bonds,
Gross consideration
five-year
purchase
and
is
to
note
money
in
part payment.
Associated told the. Commission the proposed sale, is a step in com¬
pliance with provisions of section 11-B (1) of the Public Utility Hold¬
ing Company Act—geographical integration—and that the properties
*
all
are
connected
located
capable
or
affiliated
amounting to $45 per $1,000 debenture will be
made on Jan. 1, 1944, to holders of the sinking fund income deben¬
tures, due 1967, of record at the close'of busixress on Dec. 21, 1943.
—V. 156, p. 214.
■
:
1,
common
which will
the face amount of
of Union
.
v'':-
.
7,500
be
with general renewal reserve at £573,242 and railway
£116,025.'"
■ '
:
; 1
.
'
the
ness,-of
bonds
-
$7,651,000 face
the
the'corporation
Holdings tw be disposed of consist of $528,000 open account indebted¬
ness,- $2,640
accrued interest on above/$202,000 first mortgage 5%
•••;
debentures..
reserve
$5,512,713
p.
Electric, Co.
Dec, .21, 1943.
The sterling
1943, and will receive .another
1,
.••
at
157,
of
•
registered
to
shares
common
Associated Electric Co.—Divestment Plan—
business
of
--on
•„
paid
and
,
The company;
•.
full
company.
in
as
the State
of Illinois
physical connection
of
and are
with
those
not
of
physically
other
any
"
The
to
company asked the Securities and Exchange Commission Dec. 15
approve the divestment of its interests in the Lake Shore Gas Co.
of
Ashtabula, O., and the Ohio-Midland Co., Canal Winchester, Ohio.
'
Lake Shore securities would be sold to Malvery Hill of New
for a "base sum of $720,000, and Joseph B. Wilson of
Chicago
would pay $1,885,000 for the Ohio-Midland securities.
Associated Elec¬
tric would use the proceeds to purchase its bonds or the stock or bonds
of. subsidiaries, to advance capital contributions to
subsidiaries, or ac¬
quire additional operating companies.—V. 158, p, 2358.
The
York
Dec.
dated
notice
A
class
certificates
A
to
10
and
the
holders
of
securities
participation
20-year 6',k income debentures, due July 1,
' ■!'C '
In Accordance with the provisions of the agreement under which the
20-year 6% income debentures were issued, the directors have deter¬
mined
and declared that" (a)
the amount of the "consolidated net
'•
1951, says:
■
lated
interest
sufficient
is
sum
on
interest
ment,
Jan.
debentures on
the
to
1,
in accordance with the terms, of said agree¬
pay,
the
of 5%
rate
the
payment
also
net
determined
Associated
1943,
10,
30,
Gas & Electric Corp., report for the week
electric output of the Associated Gas &
units (kwh.).
This is an- increase of
net
145,327,842
was
above production of
,
declared that there are
Associated Gas &
consolidated
no
the
and The
company
National City Bank of New York,
of the original. principal
amount of the debentures held by such depositary.
From such pay¬
ments the depositary will have sufficient funds to pay during 1944 full
interest
accrued up to Dec.
31, 1943 on the; company's securities
participation certificates class A at the rate of bVz,fA' per annum,
and on its securities participation certificates class _B at the rate of
3% per annum, and approximately $58,800 to be applied as a sinking
fund
depositary
for
York,
the
amount equal
the retirement
of
the
11
an
of
thereafter
due
to
class A
who
debentures
interest
on
The
have
to
5%
certificates
not
during
deposited
1944.
(
The
.
a
year
...
'
under, the .plan may
Jan.
1, 1944 on such debentures upon
Chase National Bank of the City of New
Broad St., New York, N. Y. (which has been designated as
of the company for such purpose)- of coupon No. 25, due
Stock
;
trustees
in
reorganization announced Dec. 15 plans to ^sell the
corporation's holdings in the Reading Street Ry. to George A. Stevens
Chicago for a base price of $640,000.
A petition seeking approval
of the sale,; it was announced, will be filed in the New York Federal
of
de¬
positary, dated as of Jan. 1, 1942, executed pursuant to the company's
plan of reorganization dated as of Dec. 1,1941, the company will pay
such
..
Electric Corp.- -Plan Transit
Sale— 7
earnings available for a sinking fund installment on debentures on
March 1, 1044,-or available for interest on the.20-y.ear 6% income notes.:
;
Pursuant to the terms of the debenture agreement and the agreement
between
134,313,952 units
available for
earnings
and
Dec.
11,013,890 units or 8.2%
ago.—V. 158, p. 2358.
each $100
on
"consolidated
trustees of
•Electric, group
of original principal
1943, and (b) there
interest" applicable
of interest on said debentures oh July 1, 1944.
The
at
of' thwdehentures -outstanding on Sept.
to
ended
1944,-is- $352,125, -which
amount
no
Associated Gas & Electric Co.—Output—
The
interest", applicable to the payment of- accumu¬
earnings available for
-
District .Court
Dec.
!
21.
.
The proposed sale. includes all of the outstanding-capital stock of
Reading Street Ry. and certain ether securities of the property owned
by %he Associated Gas system.
'
.
.
"Four
Major Groups File Counter Opinions—
Four major groups have filed proposed counter findings and opinions
.with the SEC in which they oppose the views contained in proposed
findings gnd opinion submitted by the staff in which the latter rec¬
ommended approval by the Commission of the compromise "Recap"
plan submitted by the trustees of Associated Gas & Electric Co. and its
subsidiary, Associated Gas & Electric Corp.
Dec.
17.—V.
Oral argument was set for
158, p. 2150.
agency
said date, accompanied by a duly executed ownership certificate.
Coupon No. 26, due July 1, 1944, is void.
Interest payments on the
securities
participation certificates will be made - by mail
to the
registered holders of such certificates on Jan. 15, '1944.—V.T58, p. 2357.
Atlanta <& Charlotte Air Lines Ry.-—Bonds Authorized
on
The
ICC
Apex Smelting1 Co., Chicago — $400,000 Loan —The
Life Insurance Co., New; York, has made a 10-
Mutual
loan of $400,000 to the company through E. S. Mose-
year
ley & Co.
ture
.
of
Apex Smelting is engaged in the manufac¬
aluminum, zinc and magnesium alloys, and is
aluminum
of the largest companies in the secondary
field.—V; 133, p. 644.
'
one
.
.
'7,
on
Nov,
26
authorized
(a) company .to Issue not exceeding
bonds, and $7,850,000 second mortgage
Railway to assume obligation and
interest on these bonds, and the sinking
$15,000,090 first mortgage 33<V%
3%%
bonds;
liability
299*196
$7,359,838
—_
income
bonds and
2 794 897
318,651
.
"On
-
sufficient to pay the
first mortgage
be
at
reserve
surrender
1942
$10,726,551
—....
,
the
appear
1943
Payment of interest
receive
Only)
1943
subsidiaries
Other
Interest
of £484,502,
Holders
.
Income
12 Months Ended Sept. 30—
Income—From
10,265.418
92,372
690,933
...
Comparative
Net
10,196 150
.
149,429
deducts.
taxes
Balance
Total
•'
.655,490
_—
and
Income
close
working
Interest—
to
5,032,012
Expenses
earned
*
v
equity
of
figure comparable
a
of
-'7
;•
corporation
value
assets,
figure
net
10,196,150
,
Total
Int.
32,198
-
21,566,255
Light Co.—
Other
United
company's
directors
equity
of
com¬
in inc. of subs.
at
v,
of, the
mend
C/:
•
are
are
mi¬
pany
Net
33,074,433
"
3,838,301
—„
will
2(4%
„■
deductions
applic.
nority
la
2
7,857,602
<
be
to
basis the values in
$2,909,142."—V,
Antilla Sugar Estates—Payment of Interest—
divs. "to pub.
♦Preferred
of
32,938,059
35,008
—„
Balance
Portion
public
items
same,
11,722,593
:
10,639,613
v
.
2,936,486
81,458
':*.♦•
-
:
attributable
1934, when readjustments were -made in the terms ,6f
obligations, the company has retired £2,050,891 face
1,
sterling
renewal
'7
issues.
1944.
of
sum
'
10,221,264
-
to
on-the. sterling
received
the ,eompa.ny's
The
18,316,010
.
10,558,155 *
shown
the
„
taxes.—•
stated that the report of the
operations - for- the 12 months
distributable net profits of £525,294,
respect
interest
Jan,
on
Since
-
'47,702,663
15,946,157
(net;.—<
income.—
interest
and
49,589,494
2,582,284
2,929,343
be
of
of the organization of the
corpora¬
additions made since' that time and
.
the, Department
by
values
."The
the United States dollar income debentures., As'.to the
on
such
issue,
2V-i (.T
131,480,023 120,900,589
2,615,598
:
Net
^
12,133,060
the
Plant and Equipment" the
Department of National Revenue
depreciation the original values estab¬
the
in such balance sheet.
The directors 'accordingly recornthe taking of appropriate action to
accomplish this purpose,
directors further propose, that the values of the other
prop¬
erties to: be: included in the
proposed new group under the heading
of
Lands and Mineral
Areas
be redetermined
and
restated
on- the
: books of the
corporation as at Dec. 31, 1943, at the sum of $2,01,7,847
less applied depletion of $1,917,847 or a net /value
of £100,000.
*.
:
SO/59
provision for renegotiating &nd
show
will
debt
interest
$
and
V
Gross"
1943—12 Mos.—1942
4,559,193
revenues—,
income
•-
of
"Buildings;
that
the- interests
corporation's -book
and
President,
in
holders of record'^a't the
Co.,
date.—
$
30,493.673
13,171,900
.——
1942
$292,124
SI.14'
;
proceeds for the year underreview
,% interest
/latter
company,
later
Whelpley,
B
and dollar
The net
Snhs.)—Earnings—
$
33,834,189
reserve—
oper.
Other
$
—
and taxes..——..
share..;
should
applied
exact
1943
^547.287
■.
in
redetermination
a
respect of the new group of properties
be included under the heading of
Buildings, Plant and Equipment,
calculated and determined as at Dec. 31,
1942, will amount to $8,294',+
411 less depreciation of
$3,717,252 or a net value of $4,577,158.
:
"This figure carried forward and applied as at Dec.
31, 1943, plus
the value of similar assets acquired
during the year and less, depre¬
ciation, will determine the value to be attributed to such
£451,475 for the preceding 12 months' period. Of
£101,295 is applicable to interest and £423,999 is applic¬
debt retirement by purchase for redemption of the company's
to
lull
they shall become such holders
whichever
G.
issued
June
sterling
the
/
preferred' stock * outstanding
1943—3 Mos.—1942
expenses.
,
held
to
,$0.07
■
obviously
this amount
1931.
;7
the
advised
consideration,
.
'v-'•
amount
Operating
*
all charges
common
amount
revenues-.—
*■
be
to the properties in¬
In connection with the proposed
holders of .its-shares that the, present
aixd
.$132,087
Nil:
Book
be'attributed
restatement
heading of
tioned.
Which compares with
payment
be
American Power & Light Co. (&
Operating
'
1342.
p.
company
paid to those who shall
through surrender by them of (a)
of
1943,
Period End. Sept. 30—
Subsidiaries—
$0.62!
Aug, 31—
.deducting $4,000,288
Medley
cents per share on the
$ept.
per
also
consolidation
28,
$47,271
$758,470
of
,
"
1821.
p.
the
on
,
7.
under
to
groups.
for puposes of
items at the date
such
depreciation
.
50,000
Cr50,000
prov.^ for Fed. income and excess profits taxes
approxi¬
of ^earnings, v ton 673,100 common shares outstanding.
after
had
values
separate
the
have
400,000
.
share.—,
the
two
,
.
quarterly dividend of
preferred stock, par $100,
Dec.
these
tion, plus the values of capital
<less depreciation to date,
,
respect
or
income
V. 158,
regular
recprd
will
shares
the
agent
$577,266
present
restatement of
lished
123,330
5,085
Metaline
.—i.-
50%
♦After
agent
Locomotive Sales Corp., and Transamerican Construction
effected on Sept. 3, 1943, or (br scrip certificates in
of common
158,
to
disbursing
1030.
50
cumulative
of
the holders of common stock
certificates
V.
and
one
p.
dividend of
a
holders
was
158,
transfer
Co.—Resumes* Common Div.-—•
7 %
new
appointed
dividend
initial quarterly dividend of $1.75
preferred stock on Oct. 1, last.
new
of
the
28 .to
been
Ltd.—Proposes Restatement
Properties, Etc.
;;7
under
has
$913,765
.136,752
759,510
per.common
Earnings per
the
949,265
"<■'
,
included
158, p. 2246.
Net
shares,
946,094
Corp.,
redetermination-and
the
Agent—
1,941,097
$1,526,531
and
the
and
Ampco Metal, Inc.—Earnings— ■'/%
for the class A
1,764,612
$1,536,010
.
;
Angla-Chilean Nitrate Corp.—Annual Report—'
value,
par
on
payable Dec;.
the
on
as
shares.—V.
have declared
stock,
per
both
well
-as
B
agent
has
Boston
Locomotive
The directors
$1.75
Co,, of
B
and
A
common
acting as-transfer
157,767
$92,605
Mineral
Areas,"
which
are
subject to
depletion and
Riant and Equipment," which are subject to depreciation.
time all-of these properties are shown as a
single
item-in the balance .sheet of Dec. 31,
1942, and are carried at a
value of $7,708,687^ against which reserves have been
set up covering
both depreciation and depletion
amounting in all to $5,635,100.
The
proposed division of the properties account, says President R. W.
Steele, when -made effective,, will permit of the .allocation from time
to time of
the appropriate amount of
depreciation to one group bf
properties and of depletion to the other.
; The letter
to, shareholders continues:
1 7
''
At
Federal
8 Mos. Ended
In-addition
150,141
.
"Buildings,
rates
on
634.
p.
$3,467,628
resolution,
"Lands
173,084
$479,552-
529,043
25,381
deplet. and amort.
profits
tEarnings
8 04,48G
$3,300,622
the directors, which will provide for a division of the variproperties included in the "Properties Account" as it appears on
the books of-the corporation in order to include in
separate categories
$740,680
'223,018
$2,688,430
•
net—
Provision for contingent reserve.—^
♦Estimated
Consolidated
Earnings
p.'2039.
158,
"On
Consolidated
$250,372
ous
.
$256,535 '
$1,885,938
selling, etc.,.exps.._,
for
excess
Dividends
■
special general meeting of shareholders has been called to
Jan. 18, 1944, to which will be submitted for
approval a
on
-3 Months——
802,492
expense,
Provision
$1,046,656
195,216
$263,999
.$3,272,412
passed ;by
24,325,845
24,649,528
127,747,231 126,914,974
12 Months
sales..
on
Prov. for deprec.,
630,029
$953,830
Rr38,594
-A
54,193,752
(Including whoiiy owned subsidiary, companies)
Mining & Leasing Co.^.
Balance
$3,339,216
1,251
$589,916
Values of
'
3,111,825
income
Prov.
$4,773,251
$249,121
3,227
$113,858
Asbestos
*■'
732,500
803,500
7.200,499
820,924
Administrative,
Lt.
(Am'.
CO.)
Total expenses
$4,080,856
—
$3,272,412
18,750
applic. to pfd. stocks for period..^....
—V.
2038.
p.
Total income
<V 1,547,943
from
Tr.
income
$3,357,966
$260,772
(nec »„v..
directors
3,376
1,476,000
Balance
1943
1943
1942$27,334,845' ,$7,100,598- $5,811,563
goods sold.__-.~-.'.„.:_-„
25,448,907
6,844,064
5,070,882
Interest
of
income...„
income
Divs.
18,706,069 173,613,061 161,184,359
8,393,745
96,011,651
82,341,079
17,909,616
10,236,721
revenues
taxes..!'.^
■
Gross
i
,
3,573
—
Balance
Net
$4,776,626
company—
Expenses
850,851
.
1,215,000
18,750
Operating
cluded
Other
7j_A~l
investment
4,053,514
876,326
,
$249,,121
$279,522
'interest,, charges.......
sales
$8,830,140
by public, etc.— "
——
Subsidiary
$7,181,570
—
71,219
116,000
plant
Gross, income
Period Ended Sept. 30—
148,371
of
Other' income
174,416,561 161,916,859
18,794,569
62,500
American Zinc, Lead & Smelting
$8,681,769
.
revenues.!.
oper,
for lease
(net),
.
oper.
':J' t">
■
42,910
68,499
118,000'
,
1943—12 Mos.—1942
$1,047,204 $12,846,197 $12,994,744
404,588
6,563,072
5,679,880
206,276
833,833
1,715.601
694,439
a—,-,7—reserve J
»$■•'.
jg
17,972,116
rev..
expenses
158,
Cost of
net
Total
Net
Rent
$1,203,370
....
taxes
taxes
i-rop. retire,
1943—10 Mos.—1942,
<fc
•
Other
Federal
Other
& Telegraph Co.—Earnings-
1943—Month—1942
income.
V.
4,857,373
165,202
4,941,366
3,946,242
■
—;
profits
exc..
Net
18,859,019
16,328,201
'
taxes—
income
oper.
Operating
———-l_i——,
^
—;
$37,434,351;
2016," $38,594,000;
1,
expenses
steel
hollow
number of
'
1
•
revenues....
Operating
—-
Depreciation
and
U.-
Operating
Subsidiary operating companies—
operating revenues—
$47,907,613 $55,052,558
Electricity and gas purchased for resale—10,784,701
11,374,856
Maintenance——
March
long-range high-altitude fighter, the P-39 Airathe B-26 twin-engine medium bomber.—V. 153, p.
Period End. Oct. 31—
Operating
Total
large
a
Subs.)—Earnings
(&
par),'
no
due
Operating
P-47
1
Light & Traction Co.
shares,
series,
$97,-^
gold'
.
Uncollectible
American
(3,008,51.1
American Telephone
$359,220
$6.11
share——
1412.
per
156,
fighter
215Q.
135,000
$453,992
profit
Earnings
—V.
'
Thunderbolt
cobra
550,445
contingencies-———956,900
Net
taxes-——
preferred stock,
$79,300,926; $5
&
for
Light, Co.—Earnings1943—Month—1942
7
Operating revenues
Propeller Corp., Toledo, O.—New Contract
contract
new
.the
$1,044,665
851,181
Provision
Arkansas, Power &
V', Period Ended Oct.31
N."'
^
•"
,
company and Executive Vide President of, AVCO.
,
.,
.<
These blades will be used by the Navy.
Other combat type planes
for which American propeller blades have been manufactured- include
Corp.—Earnings—
but before.Fed. taxes-—
stock,
$385,751;, other
'
.
propeller blades
has been received" by this corporation, a, subsidiary of The Aviation
Corp., it is announced by William F. Wise, President'.of the propeller
158, p. 2038.
American-La France-Foamite
subsidiaries,
,
American
A
$59,445
.
stock
Power
1942
1943
■
from
$13,519';'unamortized debt'discount
Light Co. 6% gold debenture bonds, series A,
due
March
1,
2022,- $3,698,700; accounts-payable, ..$30,193;
accrued
interest in long-term debt (inch $256,646 matured interest for which
cash is in special deposits), $468,113; accrued taxes, $306,699; other
current liabilities; $525; capital surplus, $36,026; earned surplus, $15,433,480;-total, $273,147,413.-r-V. 158, p. 2038.
to
■
.
preferred
bonds, American 6ft
Southwestern
Del.—Earnings—
American Insulator Corp. of
6 Mos. Ended June 30—
receivable
prepayments,
$2,866,345; total,. $273,147,413. "<
common
debenture
War or Navy Departments as necessary
subsidiary company does not record
the.
normal depreciation,
on
these facilities,, it lias charged income deductions, and credited a
special reserve with the resulting tax decrease amounting to $11,682
for the one and the 12 months ended Oct. 31,. 1943,-r-V. 158, p. 2038.
amortization
$651;
assets,
expense,
Liabilities—$6
permitted the amortization over a.
facilities of a subsidiary company that
has
Code
dividends
$576,609;
current
ended Oct. 31, 1942 includes,
approximately $960,000 not applicable to this period.
Monday, December 20, 1943
fund
to
be
used
of
in respect
payment
sold
to
(b)
and
at
Southern
the
for the first
99.039
mortgage bonds;
and interest from
Nov.
the first mortgage bonds
1/1943,
and the proceeds
bonds totaling, $20,000,000, which
will mature July 1, 1944; the second mortgage bonds to be delivered
to. the Southern Railway -in payment, for advances of $5,000,000
to
retire outstanding bonds, and of approximately $2,850,000 for sinking
fund payments under the proposed first mortgage of the Atlanta
&
Charlotte
pay
Air
Modification
in
part
Line
of
outstanding
Ry.
lease
agreement under which1 the Southern Railway
.
;Volume 158
operates the properties of the Atlanta & Charlotte was also
and authorized by the Commission.
•
Nov.
chase
1943,
6,
the
of
$5,827,847.
the average
The bid was accepted.
•
annual cost of the proceeds 3.82'A.
2247.
158, p.
maturities
current
Bendix Aviation Corp.-—New Vice-President & Dir.
'
'
nounced
31—
Net
profit before charges
Depreciation
;
Walter
of
—
20,808
Sales
Note—No
income
for
reserve
S3,343
V
necessary.
considered
tax
-V.
admin,,
Steamship
Indies
West
&
Other
(&
Lines
income*;.————
End.
Period
_
Taxes
income.
593,742
205,646
$2,831,071
$2,099,025
Earn,
254,931
298,277
$1,622,734
$2,680,331
142,475
$1,765,209
income
644,390
1,265,026
1,097,827
6,700,870
2,880,024
——*
1,548,705
916~550
income
215,994
187,754
AA—
deductions
Int.
$2,163,649
•+
,
per
6,159,211
4,239,258
S3,910,222
$3.96
§$3.64
$1.04
sh.
466,419
$2,576,140
4,922,436
$1,800,748
780,092
$2,015,634
$7,498,576
$2,580,840
996,641
600,184
1,556,360
1,176,083
1,098,967
251,665
1,623,302
516,665
$4,318,914
$888,092
cper.
$1,975,895
$1,549,215
profit
Other
profit
(net)
2,098,967
*_*—A' $4,074,862
1942
103, equals $2.49 per common
profits taxes.——
for contingent-—
ex.
Prov.
Net
profit
—— •
158, p. 2247.'
—V.
.
The
ICC
V
;
....
.■•O.-":'
-A
16 authorized the purchase by the company from
of a line of railroad from Island Pond, Vt.»,
boundary and modification of the existing lease of
National Ry. of the properties of the Atlantic & St.
Nov.
on
Canadian National Ry.
the
Canadian
the
Canadian
the
also
$4,535,640',
to
:
-
presently outstanding capital stock of the Atlantic amounts to
$5,480,700 consisting of 11,290 sterling shares, which at the exchange
rate of $4.84, is $5,464,360; 157 dollar shares, and 40 fractional shares
of $16 each.
In addition, there are in the treasury 33 dollar shares,
value of $100,
The authorized capital stock of the Atlantic was 54,840
having
Feb.
on
1943,
17,
the
of
charter
the
par
a
by Act of the Legislature
Atlantic was amended so
shares, but
of the State of Maine,
as to provide that its
stock shall be not tless than 10,000 nor more
(par $100).
The act also provided that it should
capital
shares
than 70,000
become com¬
pletely effective only upon its approval and acceptance by the directors
of the Atlantic and by a majority of that company's stockholders at
any
legal meeting
made
Such approval and acceptance have
thereof.
been
by each group.
Purposes of Bond Issue
'
•,
be issued for the purpose of purchasing the
between Island Pond, Vt., and the Canadian
boundary, and for refunding purposes.
This portion of the road was constructed by the St. Lawrence at a
cost of $438,000, which is the agreed price of purchase.
At present
outstanding
and unpaid,
though overdue, are $438,000 of Island
Pond debentures.
As the property is to be conveyed to the Atlantic
free of encumbrances, the issue of proposed bonds in the amount of
$438,000 is, in effect, a refunding of the existing bonds.
The value
of this property for rate-making pruposes as of June 30,
1917, was
found to be $574,602, and, adding thereto the present value of the
land, $12,459, produces a total of $587,061. "
*
The Atlantic will
also issue $3,000,000 of the proposed bonds to
refund
its
outstanding funded
debt, which consists of $1,500,Ooo
6%
second mortgage bonds, which matured Oct. 1, 1884, and wrhich,
because of the redemption in 1888 of first mortgage bonds held by
bonds
The
are
to
segment
mile
15.58
City of Portland, is a first mortgage on the property; $713,000
of 6% third mortgage bonds, which matured May 1, 1891, which now
is a second mortgage on the property; and $787,000 of 6% first mort¬
the
gage
a
bonds, which matured July 1, 1909, and now rank as
the property.
The foregoing amounts of bonds are
currency
lien
third
on
to accept the pro¬
157, p. 341.
Canadian National which has agreed
posed $3,000,000 of bonds in exchange therefor.—V.
held
the
by
Automatic Products
profit after charges and taxes—'"$38,383
Earnings per share on 205,000 shares capital stock—____
$0.19
■"Including $72,113 profit on
sale of securities.—V. 158, p. 1526.
Ayrshire Patoka Collieries Corp.
Income Statement,
1942
$1,890,313
$1,190,384
47,950
operations————*-
from
income—*
Total
Other
_2.70
1945—1.75
May,
1946—2.00
Nov.,
profit-.—
Provision
Provision
for
for
$1,907,145
.
139,814
Bank
were
eleventh
the
for
mailed
on
Dec.
12
be distributed
to
final
and
147,000
101,000
contingencies—
•
,97,000
profit
Co.,
successor
Net income for
the year—
$550,230
on
William
offices:
income
to renegotia-;
excess profits taxes in
taxes,- -V. 158, p. 481.
and
capital
stock,
1943',
Pay 5-Cent Dividend—
Dec. 10 declared
a
dividend of 5 cents per share on
payable
Dec.
to holders of
22
10 cents per share paid on Aug.
record
15, last,
(& Subs.)—Earnings—
1942
"$1,567,937 "$1,621,126
$4.60
1941
1943
Sept. 30—
**
$1,148,693
$3.23
depreciation,
Bond & Mortgage Guarantee
York
Title
totalled
Co.—Distributions—
Co.. below.—V.
& Mtge.
profits
Federal
adjust¬
47.
155, p.
Bonwit Teller, Inc.—Earnings—
Earnings for 6 Months Ended July 21,
.
A-—'
salesA——AA*+;
.Net
•[Earnings
1943
———$4,566,234
—
income
"Net
.
-
per
,AA~——'——■—
share—J
common
•
235,485
$1.15
provision of $124,300 for Federal income tax and $15,000
contingencies. fOn 152,250 common shares.—V. 157, p. 1822.
"After
Buckley
Lewis,
Jr.,
has
resigned
for
Resigns—
Borden Co.—Exec. Vice-Pres.
E.
Executive Vic^-President of
as
because Of ill health. His duties have
Fauerbach, Harold Miller, Alfred Ricciarcli
and Joseph Reydel, Jr.—V. 158, p. 2247,
'
"
Pioneer
division
Cream
Ice
transferred
to
Harry
,
Bower Roller Bearing Co.—Earnings—
'•
$4,010,630
profit_„^,L„L_«-.
1940
1941
1942
1943
9 Mos. End. Sept. 30—
Gross
$2,670,857
82,820,411
$1,692,548
754,209
548,420
501,776
471,612
$3,256,421
$2,271,990
$1,220,934
$1,244,569
Exps, and deprec.——
42,131
25,182
$2,169,081
35,633
$3,298,552
$2,297,172
$2,204,714
to
II
series
the
series
profits taxes, etc.
2,319,000
1,669,492
1,274,278
418,000
profit—
"Earns, per sh. of com.
$979,552
$627,679
$930,436
' $826,563
represent
a
payment
of
$3.26
$2.09
$3.10
$2.7*3
1400.
1942.
income——,
y
income,*—
Total
exc.
Net
stock
,
v
._———.
300,000
"On
reported
The
Corp.—Billings Gain—
the
quarter
ended
with $25,523,622 for
for
compared
.
unbilled balance
of contracts
449, against $90,276,990 on Sept. 30,
on
Sept, 30 amounted to
the September quarter
Sept. 30 was $275,494,-
Braniff Airways,
income
after
—V. 158, p.
charges
and taxes
$160,757
———
$181,078
••
Earnings—
Bell Telephone Co. of Pennsylvania
*
7,908
$7,750,373 $80,663,789 $73,682,401
5,106,970
54,491,395
50,067,415
$8,270,310
revenues
—„
5,593,878
t
expenses
1,361,449
Net, oper.
Net
13,081,465
1,332,300
11,240,914
p.
$1,311,103 $13,090,929 $12,374,072
784,148
7,320,883
7,180,532
$1,314,983
income
income.
—V." 158,
770,562
in
2040.
The
directors
the common
is
the
was
first
have
stock,
payment
disbursed.—V.
declared
payable Feb.
to
be
dividend
a
1
to
Dividend—■
50
cents
per
Dec.
28,
1938
share
on
10. This
when 40 cents
holders of record Jan.
made since
157, p. 1265.
of
$860,01A
191,993
$0.19
stk—
158,
p.
SO.30
$221,290 in 1943 and $121,-
2247.
Briggs Manufacturing Co.—Earnings—
(Including
Domestic Subsidiaries)
1943—9 Mos.—1942
$3,744,740 $3,043,962
f$1.94
. t$1.56
"After all charges and reserve for Federal taxes, contingencies, post¬
war adjustments,
etc.
fOn 1,947,700 shares of common stock. 10:rx
Period End. Sept. 30—
"Net
profit—
Earns,
per
share*
1,979,000
—
1943—3 Mos.—1942
$1,324,436 $1,111,143
t$0.68
+$0.57
shares of common stock.
tax is considered necessary.
completed renegotiation of its 1942
prices and made a refund of $7,650,000 from a renegotiation reserve
of $9,500,000 established last year.
The resultant $1,850,000 credit m
this reserve account was reduced to $440,000 through additional income
and excess profits tax liability for 1942.
This sum, it is understood,
will he credited to the $1,626,246 reserve for contingencies and postNote—No
Bellanca Aircraft Corp.—Resumes
$2.38
1942.—V.
1942
305,543
'
—
^provision for Federal income taxes was
388
$7,765,428 $80,727,480 $73,833,542
15,055
63,691
151,141
58,278,218
rev._
revenues
Operating
1943
$1,459,765
—
1943—10 Mos.—1942
1943—Month—1942
Period End, Oct. 31—
,
and Federal income
Earnings per share on 1,000,000 shs. cap.
156.
;
Operating
taxes
\
Inc.—Earnings—
End. Sept. 30—
Operating revenue—
—
"Net profits after charges
1942
1943
9 Mos. Ended Sept. 30—
outstanding.
Sept. 30, 1943 including $3,600,982
against $1,944,648.—V. 158, p. 636.
tories were $2,025,117
3 Mos.
.
shares
cash amounted
to $7,096,075 and current liabilities were $3,988,574.
This compares
with cash and U. S. Treasury notes of $1,976,664, current assets of
$5,104,682 and current liabilities of $2,674,118 on Sept. 30, 1942. Inven¬
1942.—V. 158, p. 2247.
Bayway Terminal Corp.—Earnings-
23,635
and
income
Federal
Current assets as of
$27,994,064,
of
the company, which
I shareholders, of
profit.-
provision
for
excess
profits
September, 1943, the company
3-3341, Herbert
nn°Mnn<ia
issue) w:ith a stati:sti<lal i^ue on MondayJ. Otne
Gardens, London,_E.C. Copyright 1943 by Wimam
1879. Subscriptions in U^t-ed States and Possessions,
Britain, Continental^Europe (except ^am), ^ia, Austraiui
Commercial and Financial Chronicle {Reg. U. S. Patent Office) William B. Dana Company, Publishers, 25 Spruce St., New York 8, N. Y., BEekman
Dana Seibert, President; William D. Riggs, Business Manager. Published twice a week [every Thursday (general news and advertising
Chicago—In charge of Fred H. Gray, Western Representative, Field Building (Telephone State 0613). London—Edwards & Smith, 1 Drapers
B
Dana Company. Reentered as second-class matter February 25, 1942, at the post office at New York, N. Y., under the Act of March 3,
$26 00 per year; in Dominion of Canada, $27.50 per year. South and Central America^ Spain, Mexico and Cuba, $29.50 per year; Great
and Africa. $31.00 per year. NOTE: On account of the fluctuations in the rates of exchange, remittances for foreign subscriptions and
The
$1.91
profits
excess
1942, and on Aug. 15 and Dec. 20, 1941.—V. 158, p. 945.
See New
Other
Dividend—
Including this payment, series II shareholders have received
of
63.44%,
representing a total of $1,824,494.—V,
138,
dividends
$339,267
$3.87
1943
in banks and on hand, $216,085; accounts receivable,
inventories, $421,155; fixed assets (net), $4,573,106; prepaid
Assets—Cash
$286,536;
.
share (142,265 shares)-*, ;
Consolidated Balance Sheet, June 30,
„
ahd
provisions for normal income and excess
taxes, and reserve for post-war adjustments. The provision for
taxes on
income, post-war adjustments and estimated price
ments under the renegotiation law for the nine months of 1943
$9,190,674, as against $9,984,505 in 1942.—V. 158, p, 1030.
"After
1
Trust
$2.40
tax,
Earnings per common share—$4.45
In
Earnings per common
income
of earnings before
This compares with
9 Mos. End.
Net
the
y
5,877
4,764
7,500
-
liquidating dividend of 6.44%
shareholders of this company,
April April 12, 1933.
dividends
now
being
distributed
These
depletion—*—*
139,000
Federal
for
value
par
15.
Dec, 15,
on
closed
was
$186,230.
p,
to
Operating taxes
413,100
$2
the
according to an announcement by Elliott V, Bell, State Superintendent
of Banks,
Also a first and final liquidating dividend of 55.24%
is
114,936
costs
and
Bankers Loan & Investment Co.—Final
Checks
289,624
Federal
$1.61
$1.95
Federal
The 1943 figures are subject
fRevised.
estimated at 79%
K' Operating
154,127
——-
1940
$513,941
trustee.—V. 157,-pp. 987, 2444.
143,629
Federal normal income
tax
"■■■
Continental
11941
$643,123
Blue Diamond Corp.—To
mature
1
the
by
1942
$435,431
etc.,
1942 and 1943.
Note—Reserve
was
Dec.
registration of Bank Stock Trust Shares, series C-l, under the
Company Act of 1940, has ceased to be effective, the SEC
Assets of the New York unit-investment trust have
liquidated
1943
$325,972
Bohn Aluminum & Brass Corp.
and
$711,179
$0.53
Inc.—Earnings—
*—
The directors
announced.
been
/
.
share of
stock A****
in: 1941,
lion,
1951—100.753-
Investment
has
■
depreciation,
"After
tax
1951—100.63
May, 1952—100.50
Nov., 1952—100.38
May, 1953—100.25
Commission.—V, 158, p. 2247.
1
The
S0.86
per
common
Shares—Registry No Longer Effec¬
Bank Stock Trust
.
tive
-
498,609
;
1943,
1,
profit
been
depreciation—i—
amortization of development
tax and surtax—*
excess profits tax.—
May
by the Interstate Commerce
Operating
Provision for
Federal
dated
$1,238,334
—•'
—~—
„
$1,153,132
$0.23
"
*
$163,000 semi¬
annually May 1 and Nov. 1 from May 1, 1944, to May 1, 1953, incl.
Principal and semi-annual dividends (May 1 and Nov. 1) payable in
New York
City and Philadelphia.
Definitive certificates in coupon
form in the denomination of $1,000, registerable as to principal.
Not
redeemable prior to maturity.
Issued under the Philadelphia plan, to
be guaranteed unconditionally
as to principal and dividends by en¬
dorsement by Baltimore & Ohio RR.
'<■•.
*These certificates are to be issued pursuant to an agreement and
lease dated as of May 1, 1943,. and to a supplemental lease of rail¬
road equipment dated Nov. 29,i 1943, and are a part of an aggregate
principal amount of not exceeding $10,760,000 originally issuable under,
said
agreement and lease.
Certificates , in the principal amount of
$7,500,000 have heretofore been iussed of which $375,000 principal
amount
matured on Nov. 1,
1943, and. has been duly paid.
Upon
issuance of the present $3,097,000 principal amount of certificates the
company will pay to the trustee advance rent equal to the $163,000
principal amount which would have matured on Nov.! 1, 1943, if all
the certificates originally issuable under the
trust' had been issued
prior to Nov. 1, 1943. No additional certificates may be issued.
The
aggregate principal amount of certificates (including the present issue)
to
be outstanding
is $10,222,000, which amount now will represent
approximately 953? of the cost, estimated to be not less than $10,780,000, of new standard-gauge equipment,
./A
■ ...
The issuance and sale of -these certificates are subject to approval
are
Uncollectible oper,
:*—*■.
———
deductions—**
16,832
———
—
1947
Certificates
1943—9 Mos,—1942
f$309.496
$372,404
$0.28
months
2040.
p.
Earnings
Nov.,
1949—2.75
$1,23
Federal income and excess profits taxes and in
iBefore charges of $183,751 applicable
as
a
result of retroactive wage increases,—
' v A
'.
and
six
first
158,
May, 1950—2.80
NOV., 1950—2.85
1946—2.15
2.30
Nov.,
May,
$4,268,832
3,078,448
•Profit
Other
May,
2.55
$227,951)
renegotiation of contracts.
'"Net
f
/
-
1943—3 Mos.—1942
sh.—-
com.
9 Mos, End. Sept. 30—
t
July 18,*42
$200,146
$1.08
(& Subs.)—Earnings-
Bliss & Laughlin,
Prices
1948—2.65
Net
Year Ended June 30
I
V.
July 17,'43
.
charges and taxes.—V. 150, p. 3653.
per
the
.
—A
—A $5,791,883
sales, selling and admin, expenses—
3,901,570
sales-
Cost of
Nov,,
(& Sub.)—Earns.—
1943
Net
1945—1.45
Billings
Net
Consolidated
May,
Bath Iron Works
Ended June 30, 1943
f
1947—2.45:
Nov.,
1944—1.10
Nov.,
/
profit--
3943
to
14 on the bid
i f
and
1944-—0.85%
Corp.—Earnings-
Earnings for G Months
Yields
May,
The
each
one'received,
May,
Spencer Co.—Earnings—
*.A-A-_A----*---"~---—A
share
;
per
After all
blankets and duck, and also
shop.—V. 158, p. 2247,
of
machine
the
Blaw-Knox Co.
Alfred
& Co.,
McCormick
Nov.,
to reimburse the Canadian National Ry. for advances
made for improvements to Dec. 31, 1942; and the bond to be issued
to purchase the line of railroad, above described, from the Canadian
National Ry., and to refund $3,000,000 of past due 6% mortgage bonds..
The report of the Commission states in part:
The applicant proposes to issue 45,160 new dollar shares (par $100)
in exchange for the 11,290 sterling shares aggregating $5,464,360, the
rate of exchange being on the basis of the current exchange rate
between New York and London, or $4 to the £.
With the dollar
shares outstanding and those held in the treasury, together with frac¬
tional
shares, as indicated, the total stock after conversion would
in
"After charges
May,
and
property,
<
the Thompsonville mill, Bigelow-Sanfonl
makes ord¬
At
large quantities
material
Earns,
awarded to the bankers Dec.
was
100.057, the only
& St.* Lawrence RR.
granted to the Atlantic
permission to issue $6,286,000 capital stock (par $100), and one 4A
30-year first mortgage bond in the principal amount of - $3,438,000;
the stock to be issued to replace sterling shares, to acquire elevator
amount
of
.
of
company.
income
""Net
•
syndicate are: Otis & Co., Inc.,
Maturities,
Commission
The
issue
Baiit
National
1343.
p.
appointed director of industrial relations
to an announcement by L. G. Blumen.-
1934.
p.
Period End, Sept. 30—
and
Kebbon,
Corp.,
&
RR.
Lawrence
"
Co., Singer, Deane & Scribneiy Stix & Co.,
Walter Stokes & Co. and F. S. Yantis & Co., Inc.
The
O'Gara
the
needed by the armed forces, Robert P. Patterson,
War, has advised Elliott I.
Petersen, Superin¬
Secretary
Earnings
Allyn & Company,. Inc., Dempsey-Detmer & Co.,
Schwabacher & Co., Stifel, Nicolaus & Co., Inc., The First
C.
A.
Cleveland
/.
of the
members
of
158,
the Best Foods organization, Mr, Johnson was
of the New England Shipbuilding Corp., Port¬
158,
Billings &
■"Net
share.—V. 158, p. 2241
syndicate headed by
Other
RR.—Purchase and Modifica¬
Atlantic & St. Lawrence
tion of Lease—
to
$1,163,785"
$1,979,254
board
personnel
28 Wks. Ended :
,
Halsey, Stuart & Co., Inc., on
Dec. 16, offered $3,097,000 3% equipment trust certifi¬
cates, due semi-annually May 1, 1944 to May 1, 1953.
A
and
income
for
Prov.
4
profit
an¬
corporation's Thompsonville, Conn., mill has been awarded the
Production Award for outstanding achievement in pro¬
nance
Ohio RR.—Equipment Trusts Offered—
&
Baltimore
Gross
been
has
joining
produces
6,108,281
$19,243,800 in 1943 'for Federal
tlncluding $10,283,400
profits tax.,- §As stated in 1941. The revised net profit, $2,728,in
excess
Net
was
1,213,880
$4.71
/
■
...—A—A'
com. stk'.
Net; ^profit
ggtf
Gross
1948
13,424,823
.
Minority interest's-.——_
150„740
$1,804,201
294,824
$2,003,252
—
appointment
.
of
tendent of the
+21,608,300 f 12,460,150
1,775,000
450,000
conting.'—
for
Provision
•160,397
Operating
Other
331,161
229,550
Johnson
to
Under
1,363,955
Pa.
taxes-:
income
253,952
1,398,829
and
the
of
director.—V.
a
corporation, according
ducing materials
17,793,797
——
Fed.
432,819
elected
been
President.
The
737,400
miscell.
and
for
Prov.
5,854,329
261,385
his
division
Army-Navy
30,941,340
income-—:-—.
expenses
&
except income
profits taxes...
exc.
Total
Interest
,502,580 $13,144,612 $11,668,631
6,26'9,778
11,190,717
8,782,654
_
expenses
1943—12 Mos.—1942
$20,868,422
18,470,479
1943—9 MOS.—1942
Sept. 30—
revenues
Operating
16,168,457
29,859,521
\A 344,419
Subs.)—Consolidated Statement of Income—
Operating
38,773,395
12,992,004
and
Pacific
President of the corporation.
Bigelow-Sanford Carpet Co., Inc.—Award—
received
Dividends
69,927,919
■
197,727,401
profit—
Operating
Gulf
Atlantic
128,290,587
created
44,627,725
and
exp,
gen
depreciation
158,
2151.
p.
incl. sell.,
of sales,
Cost
$44,334
Net profit
,
Vice-President
as
newly
the
Chairman
McLucas,
has
land, Me.—V.
>:'i* '
82,919,923
227,586,922 144,459,044
—
,*-———.
this
director
''
of
by Ernest R. Breech,
Best Foods, Inc.—Director of Industrial Relations-
Prior
$
'
S.
Detroit,
Allan C.
1940
$24,151
$69,361
25,028
—
————
_
30—
12 Mos. End. Sept.
14
said the new division succeeded Bendix Aviation, Ltd. of
which Mr. Nicholls had been President ahd General Manager.
schine,
Wholly-Owned Subsidiaries)
1943
1942
1941
(Including
1942
"1943
..
.
Nicholls
Palmer
Manager
Dec.
on
The company
of
Atlantic Coast Fisheries Co.—Earnings—
of
General
as
land
Baldwin Locomotive Works—Earnings—
6 Months Ended Oct.
Election
•
un¬
on
purchase contracts): Notes payable—amount due
within one
year,
$792,030;;. accounts payable and accrued expenses,
$203,150; provision.' for Federal income and excess profits taxes and
Federal
tax
contingencies, $683,868;
accrued other taxes, $92,107;
accrued interest, $9,732;" coal land purchase contracts, developed prop¬
erty, $16,345; other notes payable—due more, than one year, $352,362;
coal land purchase contracts, developed property (net), $33,048; funded
debt,
$212,300;
common stock
(par $1), $142,265; paid-in surplus,
$1,875,683; earned surplus, $1,414,957; total, $5,827,847.—V, 157, p. 126.
coal
developed
mortgage bonds
—V.
;
(except
liabilities
Liabilities—Current
Air Line
the
first
new
other assets, $50,848; total,
$280,118;
charges,
and deferred
expenses
approved
sent invitations to bid for the pur¬
to 162 firms4 and corporations,
14 banks, and 32 insurance companies, .a total of 208 invitations.
It
also published
an advertisement
for bids in financial papers.
The
bidder was to name the rate of interest in .multiples of Vath of 1%,
not to exceed 3%%'.
In response thereto, it received 4 bids, representing 81 firms and corporations, the highest being from Halsey,
Stuart & Co., representing itself and 45 other firms.
This bid was
99.039 with an interest rate of 33A %
per annum, which would make
On
2463
CHRONICLE
THE COMMERCIAL & FINANCIAL
Number 4239
advertisements must be made in New York iunoa.
THE COMMERCIAL & FINANCIAL CHRONICLE
2464
war' adjustments
'1942.
reserve.—V.
war
it
to
amounts
throufrh
Wqek Ended Dec, 7—
lesser deduction
a
158,
Canadian Pacific Ry.—Traffic
company's balance sheet at the end of
a credit to' 1943 earnings which will
this year to augment the post¬
reflected on
Indirectly,
benefited
be
Traffic
1343.
p.
Earnings—
158, p. 2248.
—y.
1942 ■'
$5,432,000
$6,181,000
,;\
:;
Central
;
•'
'
1943
'
'
1—————1'
earnings
Monday, December 20, 1943
A
The
A
9 Mas. End. Sept. 30—
taxes----
earnings, before Fed.
Net
and
inc.
Fed.
for
Frov.
•
$1,656,008
$1,326,874
$1.65
$1.41
1942.—V. 158, p. 1631.
'
•
$5,674,867
3,015,700
0108,123
625,510
33.764
21,548
413,890
3,076,570
599,619
410,913
Prop, retire, reserve—-
40,750
43,000
504,757
507,000
3,132
2,998
38,003
37,787
$1,162,692
$1,042,978
,
816
on
for
been
158,
Net
•'
•
t
■
*40'^4®
$18,699
Sheet, Sept, 30,
$6,210;
,
:
'
185.
■
$1,048,931.—
.'•V.A:\A/.; AAA
V'^'/
Corp.—Meeting Postponed—
Burry Biscuit
-
that was scheduled, to be held
on Dec.
14 to consider recapitalization and elimination of arrears of
preferred dividends has been postponed until Jan. 18.--V. 158, p. 2358.
*
■
'
Aprofit before Federal tax———
Provision
profit
Earnings
Sept. 30—
—
"Includes
profit
,
in
1943
and
158,
p.
'A.
Sept. 30—
after expenses and
income-
1942
Reserve
$400,574
$5.72
57,615
$3,831,225
A
cents
share
per,
has
declared
been
the
on
par,
.
by
the
the
company's
sugar
the
at
1943
$14.25
(& Subs.)
•1942
.
,
,
7
-Earnings
1941
1940
sales
*$2,927,747 >$3,778,592 >$1,814,702
1,484,902
1,857,822
792,451
Hi,625,264
for
1,018,476
deprec.
1,030,403
812,132
663,364
103,009
101,237
99,056
654,290
on
properties
—
96,305
.
of
non-
19,109
subs-———
oper.
18.783
A
17,724
•■
Gross inc. from sugar
1
■
•"
"
{.
■
,
18.03Q
.
'
Other
molasses
$302,247
$770,348
$242,107
23,080
14,617
32,843
income—.a—
$44,477
19,379
*
'
Total. incomeOther
$325,327"
<--V
$784,965;
56,686
54,956
oper.—_
$266,641
$730,008
oper.
with respect to
of prior years—
3,781
50,324
Total
„—i.-
•$262,860
$780,333
$274,950
expenses-.
$63,856
68,955
77,271
■A
:
Adjust,
'
Prov.1 for
Cuban
$205,995' r.
<
$13,422
1
'
40A88
57,463 A
$27,366
$263,458 A
;
'
profits
42,281
122,583
for conting
Additional U. S. inc.tax
§33,226
:
■
25,803
.
Net inc. for,the year.
.paid——
7
.
,
f
•,
$230,231
$957
,
212,265-,;' A '283,020V— AA". 35,378
share.———
per
."""33'
$657,717
$220,579
Dividend
Earn,-,
'■ §605
.
,
Prov.
A?
,
„
$1.55
•
$4.64?$i^62n'A'U*)—li
-A;
;
"Including unsold sugar and molasses at-estimated realizable value;
tLoss.
Ilneludes sales value of sugar sold to Nov. 26, 1940,- llncludes
U. S. income tax.
•
-
v-
-
;
•
Consolidated
Balance
Sheet,
v'v-A
Sept, ;30, ,1943
'
f~ Assets—'Cash- in - banks
and on hand, $407,767; special* deposits
$9,568; accounts receivable (including estimated amount receivable for
sugar cold pending liquidation), less reserve, $21,895; estimated amount
recoverable, $74,558; sugar on hand (less estimated sales expense of
$58,100), $620,667; molasses on hand, $113,559; materials and supplies,
$283,737;
receivable from cane growers for advances,
interest and
'rental;;, $88,740; membership
growing cane,
mortgage
$2,500;
rights
ment
(less
(New
Coffee and Sugar Exchange)',
York
$92,803; • work animals and
receivable, $1,000; property,
under
livestock,
$4,963;
plant and equip¬
depreciation, $670,192),
$2,530,925;
Central
Velaseo
(a
ron-operating mill) and certain lands and equipment—at
co«t to Central Violeta Sugar Company, S. A., In acquisition from a
subsidiary
(less reserve for depreciation, $45,424), $261,859; prepaid
expenses and other deferred charges, $63,623; total, $4,578,114.
>.
<
reserve
for
Liabi'ities—Accounts
moving out satis¬
is
crop
.
.
transport, sugar
to
the
from
good part of the output finding its way to Europe under
a
lend-lease
Grinding
Administration
Shipping
War
island with
$3,855,422
A-AAA- '
program.
the
on
1944
will
crop
begin
15.
Jan.
-v
of
instead
Feb. 1,
A"-'A
about
.
.
payable, $43,120; accrued taxes, $54,395; other
retained cane
liquidations,
$7,387;
un-^
presented bond interest coupons, $971; unclaimed dividends payable,
$660;. sales expenses payable on sugar liquidated, $6,266; estimated
freight and handling charges in Cuba on sugar and molasses, $284,631;
deferred
credits,
$2,280; liens on properties,
$1,534;
capital stock,
$2,688,690; capital surplus arising on consolidation, $727,935; earned
surplus, $752,222; total, $4,578,114.—V. 158, p. 1723m
' ;
accrued
730,000
1,680*000
new
1527.
p.
will
crop
be
liabilities,
$7,522;
-Afm -'.A-;-/-, A'" .'',A.;^ .'A-'.i
'■
■;
Checker Cab Manufacturing
smaller than this year's partly because of a
shortage of fertilizer and partly because of a,20%/reduction in acreage
devot.pd to producing sugar cane.—("Wall Street Journal,")—V.
158.
The
250,000
595,000
•
taxes
bid $13.25
public
.
that
state
Officials
$3,822,470
32,952
I——12,088,000
Income
taxes
37V2
of
ijo
,
—
State
and
profits
Aguirre. Associates-f-37V2-Gent Distributions
Shipments Reported to be Satisfactory-?-.
;•
1942
1943
contingencies-———-i—
for
Federal
Excess
Sugar Co., S. A.
—A
and gen. exps.
of
factorily frbm its Puerto Rican properties. It is estimated that about
six or seven more cargoes will 'Clean up .this year's ."unfinished busi¬
ness."
The company has been allocated about. three, ships .a month
——h—.
income
.
■ •
around
Total
Aa-.AA
value, payable Jan. 15 to holders of record Dec.
31, from the pet income of Luce* and Co., S. en C. The Old Colony
Trust Co., Boston, Mass., is .-disbursing,.agent for the trustees.
Similar
payments were made each quarter during 1943, and, in addition, an
extra of $1 per share on Nov, 10, last,' '.
■
; ;
v
..
2243.
$3,773,611
the
company-
distribution
A
$43,010 in 1942 on bonds
amortization, Federal taxes,
A
'
depreciation-^—.
12 Mos. End.
to
Maint. of non-oper. mill
Bank. of.
.
Byers Co.—Earnings—
(A. M.)
part
large
Central
Co.—EaTnings—
after depreciation, interest,
This syndicate
same
'
Bank, First National Bank and Central-National Bank, .of Pepriaj
Security-First National Bank) of . Los Angeles, and the Bank of .Cali¬
fornia, Wells Fargo Bank-Union Trust Co. and Ameri6an Trust Cq., of
San Francisco. A/'
'• '4
' -''V. :■ A,
.--. A" S ...
'
the
(no
b.
0.
cane
A» Profit from
Chiqago stated that:negotiations, for
this loan were'completed some time ago, but .as'the company does'.not
expect to do any borrowing under. the loan until 1944- the. loan was
not. set up until this time.'A ."
■■'. A
>,.•*■avA~•
The loan
guarantee agreement was. handled through'.the Federal
Reserve Bank in Chicago and Army officials there,
; ;
" /
'
>
Participating banks in addition to .the First National Bank of Chi¬
cago are Harris Trust & Savings Bank,-'Chicago; Chase National Bank
and National City Bank,
New York;. First National. Bank,. St. Douis;
Northwestern National Bank,-of. Minneapolisi
Commercial. Merchants
capital stock,
1943
$509,242
share-——.,——$7.27
$29,818
of
of
the
A
Sept. 30—
f.
rejected.
was
offer
to
2359.
p.
port and
and
,
■'
.
■
deductions.—V.
other
A
3———
preferred
per
purchased and
'Other
,
Terminal Buildings
Bush
Profit
A-
.
'
''
9 Mop. End.
"Net
and
...••-..AAA
158, p. 543...
A
■
158,
molasses——^—
oper.
t
A
AV:A:-~;
'A'.A'AA A:
■
National
First
the
;
stock
common
■
..
the expansion .program will, it is said... be handled
through-its subsidiary, Caterpillar ^Military Engine
CoM. in an Army-owned plant at Decatur', 111:
Some <parts. ,o(.. the
machines which are called for by the expanded ^program will be niacle
in the Caterpillar plants at Peoria, 111., and San Leandro, Calif., and
the. rest through subcohtracting.—V. 158, p,4
V c (AA- ;A'
contingencies tOn « 51^,460 shares. AtBased
1^41 Revenue Act, plus 50% for contingencies beginning July
the
'
.
'
The
by
$176,701 A $125,499
$0.30 A ;
$0.20
$114,743
$0.18
$35,961
$0.10
$0.15
large expansion program which the Army requested the .company
order to provide more tractors. %Xt runs, until Nov, 15,
a
for
provision
1942.—V.
1,
.
share———
common
per
"Includes
on
taxes
profit:—A———-rA"
Net
tEarnings
.
income
Federal
for
whicn
and -proposed
sugar
Cuban
f
,
A
,
1942
1943-
$56,811
—
undertake in
A
1941
$125,499
1943 .1942 - .
$581,743.
$263,701 ■"367,000
187,000
Quarter Ended Sept; 30—
Net
■
Co.—Earnings—
Bush Terminal
of
Prov.-
.
'"
special meeting of stockholders
The
1031.
1946.
total,
$626,614;
158,
178,000
)Ufg., shipping and other
of a $25,000,000 ,'VT" loan arrangement between 'com¬
pany and 13 of its depository banks has been announced by the First
National Bank of Chicago, agent-bank in the agreement.
- A;
■ '
This loan was sponsored by the War Department :.to provide, funds
to
■
(deficit),
earned
$1,317,831;
Cost
Completion
for
•
p.
p.
'
payable,, $314; Federal income taxes, $520;
other accrued taxes, $1',376; preferred stock (outstanding 29,745 shs.),
$297,450; common stock
(outstanding 58,054 shs.)', $58,054; capital
158,
$694,730
,
Caterpillar Tractor Co.—Gets "VT" Loan—
$18,699
deemed
.
Liabilities—Accounts
surplus,
$826,732
A
'
•
of.
crders
sell
.
195,000 shares of
company at Room No.
,
property tax, $76; total $1,048,931.
.."V.
""
charges and taxes
share——j.—
will
in contemplation cf removing
proposed.
■
of
.
$158; - prepaid personal
fees,
registrar
prepaid
$34;
insurahce,
paid
Sales
108,054
after
per
—V.
—
in banks, $24,126; accrued interest and
total securities owned, $1,018,328; pre?
and
hand
19-43
income
Earnings
Vermont
This is
originally
the purchase
Central Violeta
241,010
„
share
share;—V.
per
$802,784
108,054
$934,786.-
stock for period——
to pfd.
6 Mos. End. June 30—
Net
"
—-----$12,170
—
Balance
on
f
for
First Boston Corp.,
per
•
17,069
27,456
.
normal income or excess profits taxes are
receivable,
'•$218,171
Centlivre Brewing Corp.—Earnings-
$35,768
.
Assets—Cash
19,839
$51,612
___A__—
income
Divs." applic.
payable.
dividends
"19,182
'
charges
liquidating value.
expenses
operations.;
*■—A-——I—$12,690
Federal income taxes—-—j—
520
Note—No Federal
'
and
•
Central
par) were received by the
168 Parker.House,
Boston, Mass., up to 11 a.m., EWT, Dec. 13.
There was only one bid
received from a banking group headed by Harriman, Riplev & Co. and
$1,043,794
$1,170,276
235,490
$238,010
$70,794
;
7,584
-
opinions
A
restriction
Proposals
of
.—---A
.
minimum
The
■
.
Commission's
that
16,295
Years End.
Sept. 30—
income for year
Net
income
'
■
1942
#
Profit
-253
(net
■
117
.•
,
the
in
6.
..
expenses—i.—4——r'—A,
Provision
income
f
(
••
—Val158C,6 p." 18227""~".;~"""a """A~""7a
income_—
Total
Other
Inc.—Earnings-
Years Ended
Gross
J;
$237,893'
$70,541
revenues-
oper,
Dec.
agreement provides
new
dividend
limited-term
,
Net
Interest
."A
Bur CO,
of
and
25
stock for its own account, instead of
195,000 shares,
shares will be sold for the account of New England Public
Co., parent of Central Vermont, which will donate the pro¬
ceeds thereof, $243,121,
to tfie Central Vermont for the purpose'of
providing for the increase in stated value of preferred stock to its
1942—12 Mos.—1942
45,400
investments
outlined
proposals
Service
$5,760,552
Gross
E.
2358.
the
and
258,336
Amort,
Studies
shares of common
$461,649
taxes
Corp.—SEC
of
group
Nov.
*'
1943—Month—1942
____
a
The
284,713
AA:'\
Reardon, auditor of the. company since 1936, has
made Controller, Paul Zens, Treasurer, announced on Dec. 14.—V.
p.
to
-A;
Other taxes -—A 1,.—-
Co.—New Controller-
(Edward G.) Budd Mfg.
Edward
share
per
$478,300
capital stock, payable Dec. 24 to
with 21 cents each paid on
and Decf24,
vote
one
revenues
compares
year,
from
expenses „±4
dividend
a
votes per
Federal
of 33 cents per share on
holders of record Dec. 20. This
April 1, July 1 and Oct. 1, this
payments of 25 cents each were ihade on April 1, July 1, Oct. 1
declared
have
directors
The
the
to
stock were also increased
share.—V. 158, p. 2359.
Period Ended Oct. 31—'
Corp.—33-Cent Distribution—
Street Investing
Broad
proposal to change the par
$25 per share, four new
old share,
Voting rights of
a
$100
for each
Operating
refund credit.—V. 158, p. 1343.,
deducting $481,900 post-war
approved
from
Operating
_
"After
stock
exchange
in
issued
9
Dec.
on
common
be
Central Arizona Light & Power Co.- -Earnings—
$1,099,880
—~
—
the
to
preferred
four
.
share on 942,990 common
per
shares
the
2,577,000
7,246,800
941,300
$1.07
earnings
Net
Earns,
$8,902,808
*4,683,670
— —-
for contingencies———
stockholders
of
shares
profits
exc.
taxes
Provision
1941
$3,903,874
i942
1943
$6,724,850
value
Service
Exchange Commission held a hearing Dec. 16 on
by the corporation to sell 194,295 shares of common stock
underwriters headed by Coffin & Burr, Inc.. at a price
of $14.92 a share to the company and at an initial
offering price Of
$16 a share to the public.
The sale was arranged privately, its terms differing somewhat from
(J. I.) Case Co.—Stock Split-Up Approved—
The
Subsidiaries)
(Excluding. Unconsolidated
Public
and
Securities
the proposal
.
to
Bridgeport Brass Co.—Earnings—
Vermont
Stock Sa]<?—
Corp,
'
■
(& Subs.)—Earns.
.
: '..A'-A;A.A
-■
Period End. Sept. 30—
"Net
com.
per
1943—3 Mos—1942
$49,810
$104,194
$0.46
$0.96
_A'
shr.
profit
Earnings
•
1943-?-9 Mcs.—1942
$247,443
$23,935
$2.23
$0.21
*
"After
Net
profit.————————<-1——^
share___._—__—————
"Earns, per common
post-
of
shares
214,635
"On
common
stock,
$1,148,225
$2.84
deducting
tAfter
$1,195,422
$3.02
Central Illinois Public Service Co.- -Income Statement
1943—A* Mos.—1942
1943—3 Mos.—1942
$4,286,142 $13,100,973 $12,530,774
$4,603,829
1,433.167
4,350.092
1,583,627
4,640.067
Period End. Sept. 30—
estimated
Operating
credit of $232,000.—V- 158, p. 543,
war
.
revenues-
Operation
—_——_
,
Maintenance
1943—3 Mos.—1942
period End. Sept. 30—
"Net
A
profit—
jEarnings
per
all
"After
taxes
and,
in
1943,
4.907
286,030
436,000
797,000
Other
for Federal income and excess profits
for renegotiation of war contracts.
fOn
reserve
1,776,241
4.446
to
rent
$6,019,335
with
compare",
exc.
Net
operating
Other
charges
$12,355
$8,601
———
$4,608
Pfd;
.
share has been declared on the common
1942 a disbursement cf 15 cents was
made—V. 158, p. 1728.
Campe Corp.—Earnings—
—
com.
..share
1940
$192,819
$55,437
$53,011
$3.85
$1.10
$1.01
$2.63
_
"Subject to renegotiation.—V.
1941
1942
1943
*$134,615
July 31—
income
per
158, p. 766.
earnings
expenses
Note—Operating
1943—10 Mos.—1942
1°43—Month—1942
$338,679
$363,475
$3,520,605
139,860
1,361,933
1,491,239
$223,615
$2,158,672
$2,285,832
p.
Net
—
expenses
do not
include income and excess profits
2041.
Sept. 30—
profit after expenses, interest and taxes
Earnings
per
"Exclusive
credited
to
common
of
share
$38,616
surplus
dividend
453,485
454,126
1,353,564
$1,691,723
$1,629,651
427,078
427,078
1,281,235
a
given
of
Lovett
Merrel
A "a
the
Callaway,
P.
' A a-
,;iA
"
U.
S.
District
to
trustee,
has
Savannah,
Court,
$1,250,000 interest
pay
tq
"cushion" to absorb the shocks of the post-war, tran¬
a
a
.
A • ■
pavment
•
Judge
one coupon totaling $462,500 will be paid to trustee
consolidated mortgage and seven coupons totaling $87,500',will
—V.
trustee
to
paid
158,
p.
the
of
net
—
profit
account.—V.
sale of
p. 946.
on
153,
1943
*$101,843
$7.43
Chattanooga,
2359.
-
support to a road's credit, to provide for emergency needs, to off¬
obsolescence. and necessary investments in non-revenue-producing
set
Southern
Rome &
•
A
mortgage.
.r' '•
•
*
,
securities
$104,642
$4.70
which
was
»
"general financial balance wheel."
Surplus
More
Now
Necessary
present war conditions,' which produce greatly increased earn¬
Commission asserted, "we are convinced that the mainte¬
nance of a
substantial surplus, is more than ever necessary to provide,
in addition to those elements heretofore stated, a cushion to absorb the
shocks of the transition period after the war.
This is particularly so
"Under
the
ings/'
■current
credence be given to the claims quite generally made, that the
carrier accounts fail to reflect substantial amounts in accel¬
depreciation and deferred maintenance
if
any
growing out of the war
effort."
The
read
had
permission
asked
dividend to common stockholders.
and
issue the stock, pro rata, as a
It claimed a surplus of $169,398,118;
to
said the resulting surplus of some $92,000,000
distribution
would
be
more
than
smple
to
take
Net
to
June
Co.—Earnings—
sion
In
30—
income
a
—:
:
—-
share
"After charges end taxes (in ,1943, $475,109).-
Earnings per common
Year ended
Net
"Net
1943
*$305,083
1942
$581,948
$1.39
$2.65
•
-V.
p.
was
told.
.>
$966,871
77,877
charges
pest-war lefund)
and
m-lvding
Federal
taxes
cost cf
have
a
decision,
the
A
posed stock distribution.
The
of
1942
$749,718.
123,270
$183,675
in 1943 and $105,989 in 1942.—V. 157, p.
1806,
(less
.
Commission heM that on the basis of original
the road's property to date, less depreciation, the carrier would
defiefney in capitalizable assets of $42,202,754 after the pro¬
its
Commissicn
made
three
different
capitalizable assets.
On the baSis'of recorded assets,
1943
July 31—
profit
all
2038.
Railway Signal Co.—Earnings-
sales
"After
157,
remaining after the
of any possibl)
care
emergency.' The carrier said, moreover, that only $43,106,352
of the ^preference stock would represent new capitalization because $33,467,348 would be substituted for preferred stock and debt recently re¬
tired,
The $43,106,352 of new capital would be issued against uncapi¬
talized net investment in equipment exceeding $50,000,0C0, tire Commis¬
future
Analyzes Capitalizable Assets
Central Paper
Central
1942
that its policy on stock dividends was that
surplus should remain uncapitalized after the distribution
substantial
erated
consolidated mortgage
mortgage,
the
as
for
1,281,235
Georgia Ry.—To Pay $1,250,000 Interest-
of
B.
A,
Preferred
decision made public Dec.
to its common
and. to provide a
1,364,252
$590,564
a
road to issue $76,573,700 of preference Stock
stockholders.
to allow the
reason
sition; .period A:
.A
The Commission'declared
as
$637,036
Common in
Commission in
the action was that distribution of the stock
would leave the C. & O. without adequate surplus to support its credit
The
$3,777,071
Carriers & General Corp.—Earnings—
9 Mos. End.
$2,993,904
authorizing
Year
153,
$3,045,292
the presentation of an order for
of this
Lovett on Dec. 11 approved the recommendation of
the trustee of the railroad instead of the request of the trustees of
the first and consolidated mortgages who had asked that the amount
be increased to $2,327,363.
T.
M. Cunningham, Counsel for the receiver, said under the order
four coupons totaling $700,000 will be received by the trustees of the
In
be
123,455
>
_•
Net earnings
taxes.—V.
$1,044,691
mortgage trustees of the first mortgage, the
and Chattanooga, Rome-& Southern mortgage.
first
Ltd.- -Earnings—
$215,224
Period Ended Oct. 31—
Operating
$1,090,581
15 refused
de¬
1822.
p.
authorized
of
Canada Northern Power Corp.,
Gross
914
.
amount,
Earns,
$2,994,819
10,177
——
158,
Judge
stock, payable Jan. 26 to holders of record Dec. 30.
Like amounts were
paid on Jan. 26 and Aug. 5, this year, and on Aug. 6, 1942, while on
Net
$3,035,114
441
——A
div, requires,-'
stk.
—v.
Corp.—10-Cent Distribution—
10 cents per
dividend of
Year End.
$1,045,132
income,
Net
taxes but before provision for Federal
ordinary
158, p. 1031.
taxes.—V.
26,
739,000
Payment on
Surplus—
Commerce
property and to serve as a
1941
Central
Jan.
1,201,165
924,000
3,919
other
and
ductions
1942
1943
.
and
Callite Tungsten
A
1,168,552
266,000
$1,086,662
income
income————
Gross
Co., Inc.—Earnings—
Callahan Zinc-Lead
Quarter End. Sept. 30—.
"Profit
f
:
.
The Interstate
398,436
;{
ICC—Says
by
Shares Would Impair
a
'
(net)
income
Interest
income
—
cash of $826,439,
liabilities of $3,078,356 on Sept. 30, 1942.—V. 158, p. 1728.
"After
-
418,590
lieu of inc.
profits taxes
in
ed
424,000
'
358,000
taxes.:
and
1943,
including $1,844,482 cash,
current liabilities were $1,555,945,- This
current assets of $5,514,434 and cur¬
and
e164,000
tax_
prof.
exc.
'469,000
taxes-
Income
Charges
378,680 shares of common stock.
Current
assets
as
of
Sept, 30,
amounted
Chesapeake & Ohio Ry.—Stock Dividend Plan Reject¬
667,617
1,785,961
1,489
franchises——
of
Federal
$2.15
$1.65
682,831
592,554
1.502
Federal
provision
charges,
233,362
594,610
Amort,
1943—9 Mos.—1942
$626,234
$816,062
$0.43
$0.27
sh.
com.
$165,410
$102,527
227,835
Depreciation
Byron Jackson Co.—Earnings-
depreciation, interest, and Federal income taxes.
Federal in¬
provision tor the nine-month period cf 3913 was $161,227,
against $15,4.69 in the 1942 period.
No provision has been made for
excess profits tax.—V. 158, p. 544.
tax
come
it said,
computations
of
the
there was available
road's
as
sup¬
port for the proposed stock, $118,928,251; cn the basis of original cost
to date, there was $85,969,545 of capitalizable assets; and, on the basis
of depreciated original cost to date there was $34,370,945.
The capitalizable surplus which would
remain after deducting the
proposed stock, declared the ICC, thus would be, cn the
recorded assets, $42,254,551; on the basis of original cost to
amount of the
basis
of
^Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4239
158'
cost,'
•datfe, $9,395,845; and, on depreciated original
-yV-ti^
r
,
,4«
Unlike Prtof Distribution
202;754.
share.
Quarterly cash dividends on the common stock have been paid
by< the company since December, 1933, with 80 cents per share being
paid in each year, 1939 and 1940, and $1 per share in each year, 1941,
:representing 23/4% of fixed Interest and-l'/j% of contingent interest,
jespeotively," on $21,928,800 of bonds.
' 1
7
•
;
deficiency *pf< $42,;
a
.
-.v
••
Under" the' piafl" as previously approved,
,
;
7
including tile Terre Haute securities as above explained, was $543,The Commission asserted' that at'the time C, &'0. issued &'stoclt •
533,321, and. the'total chargds before, dividends, assuming the maximum
/dividend of $15,315,500 several; years- agb.it had a jecdrded • surplus of
•payment of $5,000,000- into-.the additions and betterments fund, was
$213,006,288.. In the present case, -however, it, said the C. & O.'was
$15,032,528.
The reductions in the capitalization and charges are
asking authority to pay a dividend of $76,573,700 with a recorded sur- <;
dufe, principally to the( reduction of the principal amounts of equipment
.plus,of $169,398,118," "an increase of approximately $400% in dividend-•,
.obligations,-'.
'A.','. V : ,• * " 1 '
' '
.••••■»
'distribution in the face1'of a decrease of .about 22% ;in surplus/'; 7
•
7 The/distributlon 'of cash and 'hew securities per $1,000 of present
',
The C. & O. had contended the proposed stock dividend, :»y furnish;- .:,
'bonds, with accrued; interest, is 'shown in' the following table;
'ing its stockholders with .tangible evidence of a greater portion of their ;
f' 'Approximate, Dlstribiitioh 6f Cash and New Securities
equity in; the property, separate from that'represented by the. common--
.
'
JThe
capitalization
total
;
2465
1942
and
1943.—V.
158,
2359.
p.
>
.
.
Cliffs CorpT-Earnings"Net
■
The
bcth
classes
•
and
"After
stock
to
of each
'50%
to
57%
debt."
stock and 53%
Extra Dividend
'
-C*
'
,'1943.
,
15
7 1
Chesterville Larder Lake Gold Mining
^Investment
;
;~V.
deducting
and
58,740
*.
'•
-
.
•»
.
'
.
RR.—Abandonment—
v.V-'.!'."'
Sept.
Ended
* *'
-1
and
income
Federal
"After
.
'*
'
.'
v
:
The
'
$2,22
—v.
9
dated
6,
Dec.
Milwaukee
General
1943,
of
payment
the
of
view
In
(ci
the
a
bank
•
approximately
money,
issued
York.
'
may
-
(3l
(d)
.
■<
duce
.
fund
the
'
tf/
Approving
ment
managers.
Proviaing
{hi
tion
The
capital
approve the
alternative
.
" '
and
'
,
distribution of securities for
claims of the RFC be paid.
structures
none
of
New
first
incidental
Terre Haute
Total
and
.
shares
new
•;
$3,481,903
;
,
fund,
mandatory
first mortgage bonds—
general mortgage
2,500,000
148,788
57, 256,668
2,576,550
739,5.76
328,932
'
additional payment.—
------
general mortgage bonds, series B
Sinking fund for general mtge. bonds,
•
iTotal
New
5%
New
no
charges
ahead
preferred
par
of
■'—^
approx.
51,422,111
stock—
stock at $100 a
(1) Radio;
to
be
the
has
of
terms
the
of
the
chattel
to
receive
option
on
The
2,500,000
2,313,995
69,666
associated
Ralph A.
shares.
and
other
7
office
was
and
the part of the
Total
capitalization
:—
'
mortgage,
Building
building
; • - I
headed
corporation,
of
which, $1,050,000
completed
was
1929.
in
The
to have been $6,500,000
was said
/
Dec.
on
13
announced
of
plans
for
carrying
of
eight
post-war flying
a
40-ton
a
cents
a
ton
payload of
mile, the
air
Utilities Corp.—-20-Cent Distribution—
14
Dac.
on
capital
stock,
however,
to
and
as
stock
declared
payable
that
dividend
a
Dec.
24
of
20
cents
of
holders
to
dividend
such
Dec.
6 %
bonds,
such bonds
due
record
share
per
Dec.
17,
with
24,
of
compared
as
•
cents
on
'
20
cents
with
Sept.
21,
25
Feb.
to
said
share
per
cents
1942,
of Colonial
Utilities,
158,
in exchange for capital
plan, but in no event prior
'
\ ■ ■ ■
^
also
was
Dec.
on
1942.—V.
1,
surrendered
are
corporation pursuant
1943.. '
'
*'
distribution
A
last,
10
trust
when
of said
'■
.).'■
■
18,
made
1942
and
June
on
18,
initial
an
of
2189.
p.
■: ■:
"i-.j f
Colorado Fuel & Iron
Nov.
17,
158,
Columbia
■'
elected
was
Vice-President
a
of
the
1935.
p.
Gas
■'
■
Corp.—New Vice-Pres.~-
Millard
Douglas
corporation.—V.
Electric
&
Corp.- -Files
to
Aid
Exchange
Com¬
Plan
Subsidiaries—
The
corporation
mission
to
,
plan
a
oil
four
has
to
,
filed
make
subsidiaries.
with
the
capital
The
Securities
contributions
contributions,
in
and
aggregating $9,313,371
form of forgiveness
the
of indebtedness would be made in the following amounts: Ohio Fuel
Supply Co., $662,416; Preston Oil Co., $4,944,116; Viking Distributing
Co., $44,812; Virginian Gasoline and Oil Co., $3,662,026.
The corporation told the Commission the contributions were neces¬
sary
to provide additional surplus if the subsidiaries were to make
certain
for
required
adequate
adjustments
depreciation
in
their property accounts
depletion reserves,-
and
and
to
allow
,
Declaration Effective—
The SEC
on Dec. 2 permitted to become effective a
joint declaration
an
amendment thereto, pursuant to the Public Utility Holding
Company Act of 1935, with respect, to the following transaction^:.;
Columbia proposes to make a cash capital contribution of $414,000,
together with 6%
interest upon such amount from Dec. 31,
1937
and
to
the
and
date
Power
of
the
Co.,
contribution,
for
the
its
to
subsidiary,
Union
of
purposes
Light,
Heat
'
.
eliminating an existing question as to whether some portion of
the outstanding indebtedness of Union owing to Columbia originated
from dividends paid out of unearned or capital surplus; and
(b) obtaining the removal of a restriction heretofore imposed by the
Commission with respect to the payment of interest by Union on its
6%
demand notes payable to Columbia.
(a)
Union
will
credit
capital surplus,"
out
of
ing
adjustments
plant
account
interest will
its
to
to
may
and
by
the
Since
for
the
Union
to
by
to
comprised of 212,000 shares of
"special
arising
includ¬
1938,
adjusting
its
utility
$414,000
amount
a
reserve
in
reserve
will
common
stock
that
Union
31,
will
be
1937."—V.
Union
charged
158,
p.
representing the capital
"special capital sur¬
against said common stock
from
available
be
of
in
$414,000,
appropriate
all or some portion of the
capital contribution.
The
Dec.
of
purpose
to
charges
1,
for
presently owing to Columbia.
increase the amount of its investment
to
of
This
create
the
use
$414,000
indebtedness
stock
investment.
in
of
used
cost. The sum comprising the return of
by Union to its "earned surplus since Dec. 31,
will utilize the cash received to retire part of
company
contribution,
ment
contribution
subsequently be
original
proposes
common
plus"
required
account
Columbia
the
capital
will
applicable to periods prior to Jan.
be credited
The
open
the
which
transactions
interest
incorporated
plant
are
in Illinois
located
at
on
Aug,
West
6499
4. 193^.
Ifs urin65th St., Chicago.
the manufacture of metal work¬
ing machinery, particularly hydraulic, and mechanical type crankless
steel power presses, used in the; manufacture of stampings and forgings
for the
automotive, stove, refrigeration, furniture, railway, aviation
and other industries.- -Present production is used almost entirely in
the
manufacturing
of war
materials.
Presses
are
built in
most
Normally the
$14,393,562
111,347,846
5,567,392
share—213,147,525 ' •
■
on
•
is
$3,000,000
a
and
919
Fleming, realtors.
The price
(111.) records'showed that it
at
for
such
adjusting the invest¬
time as that company
"special
capital surplus" created
sum
comprising
the
return
of
by Columbia to its "earned surplus
.
2249.
stock.
Corporation
cipai
financing
company
Columbus & Xenia RR.—Merger—
See Little Miami
RR.—V.
141, p. 4163.
is engaged in
—$533,090,698
"Inasmuch as the Terre Haute properties are not in reorganization,
.instances for -specific purposes 4;o meet customer needs, and the com¬
the Terre Haute securities are not strictly part of-the new< capitaliza¬
pany's engineers cooperate in designing and engineering such presses.
'"The War has created a demand for mahv new and larger presses and
tion
However, if substantially all of the Terre Haute bondholders
accept the plan, "as provided in the plan as previously approved, the .;the company has manufactured spme which cost as much as a quarter! million dollars.
'
7
'
'liabilities of the reorganized company in respect of the Terre Haute
securities will be substantially as shown above.
Corporation' reported net profits in 1940 of $1.32 per share, ih
•
Inc.,
On
mortgage held by J. McLaughlin the
in place of $10,000 in cash, 10,000
company
&
"Ice
Box," the plane will be constructed by the
& Foundry Co.,
Ltd.,-from plans developed by V. J,
York inventor, it was, stated.—V. 158,-p. 2189,
'
collateral
and
Clark,
with the corporation,
■
capitalization of the
common
•
543,394
to
Pal-moliVe
the
was
County
reported.
directors
the
radio
aircraft
being made in behalf of several substantial stockholders
■
buyer
Browne
Cook
••;;.
:,'"J
Clearing Machine Corp.—Stock Offered—Public offer¬
ing was made Dec. 14 of 19,000 shares of common stock
($1 par) at $11.25 per share, by Bacon, Whipple & Co.
and Farwell, Chapman & Co.f Chicago, and Newh^rd,
Cook & Co. of St. Louis. .This sale of common stock is
.'
the
'
capital stock of the .corporation.
'
$494
.
present time only
to individuals
$433
paid to persons to Wjjhpnv such stock shall be issued uoon the surrender
of first lien 5'/a % bpnds, due June 1, 1958, of Colonial Utilities
Corp
(£j Aviation;
items.
company.
dividends-
common
the
at
issue
and* does not represent new
,
New
.
181,041
an
Car
New
1937."
/
2' $92,176,972
bonds, series A
Terre Houte bonds* as modified; portion representing contingent interestt——
Additions
and
betterments
fund,
maximum
New
$498,254
.
betterments
'£inkfnge?und""for
:
latter
Under
603,042
Other obligations;
Additions
Charges
portion repre-
interest debt___
fixed
Amount
interestt__^_^_._^_l--—14,189,224
bonds* as modified;
senting fixed
Annual
2,380,607
>.
to
ing advances
$18,472,578
59,515,170
obligations^,
bonds—
mortgage
.
$1,029,884
177,830
respect to capital stock
not issued under the plan of reorganization of Colonial
Utilities, Inc.
and Colonial Utilities Corp.'dated as of
July 1, 1841 before the1 close
of business Dec. 17,
194IT shall be withheld for the account of ancl
and'developments
capitalization consists of 500,000 shares, ($1 par) capital stock,
which has yet been issued.
It is the intention of the board of
Principal
Equipment
The
on
for the purpose
purchase of certain equipment to be used by the corporation and
,
7;L
1943,
corporation'are:
.
Press
provided,
of
directors
annual charges are summarized as fol-
;
..
Ross,
land
corporation
Colonial
in
,'.V"
•
.
^0WS'
Fixed interest debt:
$4,432,012
-.7 Prior-to the incorporation, Ralph A. Clark, President, borrowed on a
chattel mortgage the sum of $10,000, of which sum $5,000 has been
7
.expended for the purchase of an autogiro and the balance thereof for
applica¬
current expenses in connection with pre-incorporation matters, includ¬
designations of reorgani¬
■
,
an
the event the
in
The
the pay¬
the new mortgages whereby
may
Requiring that the Court
zation
mortgage
general
the new preferred
be postponed upon the consent
in amount of the bonds outstanding.
principal
or
75%
less than
(gi
new
the
of
1942
.
$993,450
$1.53
special devices of this nature which should pro¬
and directors
officers
The
The
J.
2359.
p.
Lurnelli,
2,441,852
.
'
i
provision in
a
interest
of
the
to the retirement of
and thereafter
'
of
first
retirement
the
to
income, bonds
The
paid.
Canadian
7-'
were
contracts
war
of
investment in
Pre-named
1941
•
,
,
securing
anticipates
company
been
Associated
..<
moderate, steady incomes, according to the prospectus.
.
of
Stock
not
'
■■
President, Secretary and Director, New YorkryN, Y.|. Gordon H. Ull¬
rich, Vice-President, Treasurer and Director, Roselle, N. J,; Ludlow
S. JEowler, Director, New York, N. Y., and Benjamin Miller, Director,
New Rochelle,
N. Y.
The corporation has executive offices at 699
Madison Avenue, New York,
7!
7.
The corporation owns a substantial amount of equipment, consist¬
ing of:
(a) Manufacturing, test and research apparatus for low, high
and ultra-high frequency devices, such as;,
direction finders, trans¬
mitters and receivers for use in aeroplanes and oh the ground, radar
equipment and radio controlled devices; (b). Television transmitting
equipment—1,000 watts output; television relay equipment': television
receivers; 20-inch television receiver; (c) Latest model (June, 1939)
Kellett. Autogiro with 275 h.p. Jacobs- Engine—Registration No. N. C,
15069; (d) Working model of gyroscopic transmission and torque com¬
pensating device for helicopters.
All the foregoing equipment and devices are equally suitable for war¬
time or peacetime use, it is said.
■ •
'
•
'■
<7
7 The present manufacturing and research facilities include the use of
"most of the Westchester Airport, which include a 2,000-foot runway
ar.d
an
1,800-foot, runwayy
hangars7used
for
manufacturing
and
assembly, an office and laboratory buildings, an aircraft machine shop,
and an electronics-radio shop.:
'{,
retirement of first mortgage
for the
.<■
be classified under the following heads:
(4) General.
N.
Ross
wing type freight plane capable
refrigerated food at the low cost
158, p. 544.
;. "7
7.
20,
City,
S.
disclosed, but
purchased subject
The
share by J. F. Reilly & Co., New
a speculation.
<: %
per
1943
taxes, etc,
Colonial Airlines, Inc.—Plans Post-War Plane—
year,
$1.35
taxes
organized in New York Oct.
was
instruments and other
Providing for the creation of a fund through payments equal to
the dividends paid on the new common stock and application
(ei
50 %
of
;
■
to
last
"7,
profits)
Jersey
—V.- 158,
Metallurgy;
The
new
bonds.
amounted
2,125,447
filing or have been filed and the various inventions
$7,096,336 of first mortgage bonds will be
& Northern first mortgage bondholders; the
consolidated mortgage bondholders and the
preferred stock.
Requiring a sinking fund
excess
quarters
Corp.—Earnings—
share,^,,-,,,,,,^,,,
common
not
total
producing commerctally various ^products", in theigenefal field of radio
These products are the developments 4and inventions'of
Ralph A. Clark'and his associates;Patent applications are idady for
going changes are shown below.
The allocation of securities in respect
of interest accruing) on the Chicago, Milwaukee & Gary first mortgage
bonds to Dec. 31, '1938, has not been changed/but interest accruing
on
those bonds from Jan. 1, 1939. to Dec,' 31, 1943, is to be compen¬
in
and
three
p. 1823.
Walter
.has
and aviation;
allocations
sated
of
by
of
bonds
The
Co,
7
.
$1.39
first
Colgate-Palmolive-Peet Co.—Sale of Building—
$31,402,061 $25,802,322
2,170,412
the
for
'
a
1942
taxes
$39,193,231
amounted
The' 37-story Palmolive Building, at the southeast corner of North
Michigan Avenue and East Walton Place, Chicago, 111,-, was purchased
on Dec.
13 by a group of Chicagoans from the
Colgate-Palmolive-Peet
t$56,985
in
per
—V.\\158,
The stock is offered as
Company
;
general mortgage bondholders, in addition to the amounts of
allotted to them in the plan previously approved.
~
of new securities made as the results of the fore¬
debtor's
such
'•
Northern
&
,
1943
1943
being offered at $3
Milwaukee
the
to
•
1,150,176 shares of common stock.
income
$1.60
taxes
.
1943,
v;
with
before Federal
1935.
p.
Earnings
•
principal amount of the claim of the RFC since the effective date
the plan previously approved, and the distribution-to creditors
$5,000.GOO of first mortgage bonds previously . set aside for new
'Milwaukee
■
compared
inc. after expenses and Fed. inc.
Common shares outstanding.,y
1942
1943
(and
the same month
share_____
common
$6,398,718
$1.73
earnings
Coca-Cola International
Electronics & Aviation Corfr.—Sto6k Offered—
An issue of 33,333 shares of commoh;stock (par $1) is
'fixed in
of
30—
all charges &
per
$6,934,088
$1.51
$1.67
net
1943,
Quarter Ended Sept. 30—
Clark
the reduction of
and
loan
of Sept.,
in
$39,502,711
profit aft.
$6,033,844
share,
of
Net
-.7."
■
$6,649 |
period, against $2,624,825' in 1942.-7V;
7:!■■■
;'7:-7%;:-- $52,038,036
.7.',.
158,
was
1;;-;-.7'"."77- 7;"'.
-
Ended Sept.
Note—Federal
the
1975-.^^-.—..-—^.-^^-—--~:r—--—24,021,885
A A.'7
month
proiit'
"On
$212,759
1,058,374
,<26,745,018
bonds.
mortgage
tor'the
with $1,534,868
2042.
p.
"Earnings
,
,
bonds_,»
mortgage
50-year bonds of
',VTotal
consolidated
Northern
&
,
first mortgage bonds..'<•
Northern
;Milwaukee &
rentals
compared
as
Months
■Net
Pacific RR.—Reorgan7 %
,
7'zed by the Court to be paid as follows:
158,
Gross
adjustments of the plan of reorganization of the
company approved by the Cammitsion on June 4, 1940.
7..
The
adjustments relate mainly to a determination of what the
holders of senior issues of existing,bonds should receive in addition
•fo a face amount of inferior securities equal to the face amount of
'their old ,ones, as equitable compensation qualitative or quantitative,
for the.-loss of ,.their senior right i, as required by the. Supreme Court
in its opinion .of March>;15, 1943,
;
;7 .-V7;7>
0
The major adjustments .bt the plan .are;
1,
(al Changing the effective.date from Jan. 1, 1929, to Jan. 1, 1,944.
7V'<bi The distribution'of approximately $52,033,036 of cash on account
of interets accruing during the trusteeship which has.not been,apthor-
,.
7/
1943
,7; City Ice & Fuel Co.—Earnings—
,
certain
approves
—V.
7;r7'>:;:"':?7.%'
"77;
depreciation,
and
sales
450,000
1942.
$2.68
■
$2.61
,
report,
supplemental
second
a
"'7'.
amortization, interest
of $20,000 for,contingencies).
.tLoss.
7•'
Gross
$6,848,718
450,000
After income and
profit taxes; class A dividends and all
earnings applicable to common stock for 9 months were
$18,087,047 compared with $17,067,231 lor the similar portion of 1942.
Co., Bear, Stearns & Co., and
have purchased and distributed
-
$1,727,251,
7 '■■■5 v."
;
in
ICC
$0.13'
'
"Net. profit
taxes,
$7,384,088
450,000
charges,
1943—9 Mos.—1942
$133,436
$286,006
■.
^K;77;7;':7 27
"After
profits taxes which totaled $903,-
excess
Chicago, Milwaukee, St. Paul &
izat\on— It
■
2 Months Ended Aug.
■
;
J,656 in 1943 and $1,188,230 in 1942—V. 158, p. 483;;;
•
•
Childs Co. (& Subs.)'—Earnings—
31—
V ,7
;
$6,483,844
$6,678,556
common,
com.
months
9
$41,487,047
was
1942
$612,144
share„„,..'^_„-_,i:_„-^.—^-.*~—~
Earnings' per..
!
7
&
Boyce
6,147,774
6,537,000
$7,128,556
—
for
per
For
first and refunding 4s of 1934.—V. 158, p.
Ry.
2249.
1943
$544,510
30—
i*Net- income
Hutton
9.472,000
dividends
Surplus
to
$0.34
•'
,
A
Earns,
2.969
company's
the
reserve
Months
9
:
1,140,63
1943
'
&
Bros.
Stein
Chicago Mill and Lumber Co.—Earnings—
<:
0.975
10.919
in 1943 and $33,045 in 1942 for three
and $286,006 in 1942 for tax provision.
$92,170
$110,000 in
9,338,992
8,850,000
450)000
profit
Class
$1,000,000 St. Paul 8c Kansas City Short-Line fitst guar¬
anteed 4%s of 1941 and $800,000 Chicago, Rock Island &
$13,516
denied
1
$0.88
.
.
2.^—2
918.91
,
$177,170
share
per
bution—W7 E;
'
Dec.
70.70
1943—3 Mos.^-1942.
$114,545
r
.income
...
8,753,778
10,120,000
taxes-,
,
: ■
Period End. Sept. 30— .;
Pacific
6n
ICC
The
70.62
"225.07
_7„_
1
—V, 158. p. 1128.
application for authority
;to abandon its line of railroad extending from Sterling, Logan County,
**Cblo7 through the northeastern part of Weld County,; Colo,, to ■ Chey¬
enne,
Iaramie County,- Wyo., • approximately 105 miles, of which 76
7re in Colorado and the remainder in Wyoming.—V. 158, p.; 2353,.
•'
.;
Net-
1 70.61
2-—;179.38
7-'---7-.
■7
net—-9,604,126
income
7-7
70.20
224.77
Chicago Rock Island & Pacific Ry.—Secondary Distri¬
Chicago, Burlington & Quincy
%
2359.
p.
"After
$45,224
__u,.
668.
p.
(& Subs.)—Earnings—
—
224.80
1
395.95
396.42
7
■
70.45
Federal
176,945
;
779.
157,. p.
.
"Net
months
taxesJ
before
loss
Net
f,
$222169
profit
and depreciation
158,
outstanding.—V.
.
ductions,
;
v-
•
of
$222,034
Operating
'
3 Mos. Eended Sept. 30
1943
1942
1941
1940
earnings —7-— $26,852,682 $24,096,622 $26,195,090 $19,533,492
Expenses and other de•
•
Chicago Railway Equipment Co.—Earnings—
6;
—v—■
'Operating expenses,
'Write-offs
<—v. 158,
.
f
Earnings
Operating"income _7_i-
,
$0.86
Gross
______
.
-v.;.
»
393.60 7' 223.47
395.89
*
328.90
.
Stock
(Shs.)
„_l_7
$72,62
'"224.27
-
328.46
.
A- 225.60
F
Pfd.
Ser. B
?
326.56
■
207:j3
207.79-' .328.51
adj..--5s'—,
1st
135
income
.139.21
„
& Gary ;.
■
" 7"
5s; 4_::__:7_.7_7
C. M.
Co.—Earnings—f
30, 1943-
805,734 shares
Coca-Cola Co.
Stock
Gen. Mtge, Bonds
mtge, 5s_7 225.78<
Conv,
share on com¬
as
3 Months Ended Sept.
Revenue-bullion sajes
B__.^l__
50-yr.
payable Dec. 30, to holders of
%
A^f——
Series
record Dec. 20r
share paid this year,; the
1941
$694,884
$0.78
charges and estimated Federal taxes.
Note—On
Com.
! $141.7,7
•: c -•..•7
?
172.16
327.73 ^395.01
Series
■
'." " '
;
,
> 337.81 \ 407.46 v$23l,17
.■*.'••
<"
7
Series
\
f; ''•
;
1942
$628,821
$0.66
capital stock
accrued interest)
! Ser. A
Bonds.
$858.23
4.7*; 208.6 7
&;N. cons,
Series
This will make $3.50 a
in 1942.—V. 158, p. 2249, 2359,
,
.same
,
'Geri, mtge. bonds;
>
»•
Cash1
Series
extra dividend of 50 cents a
an
stock
■■■,,; 7
.First
;v,/Mtge.
■'"7*
.
;
7M£1:
-
declared
mon
v>
'Mil. & N. 1st 4s—'::$100.50
r
Common—The directors on Dec;
on
(Per'$1,000 of-present bonds with
from- approximately )<
& O.'s capital, structure
debt in C.
of
.A;
1943
$527,850
Sept. 30—
__j__
share of
per
'
„
'change' of its stocks for .those of other "companies and that( Ct .& Q.
'common would be morb suitable for .such exchange after'the dividend
had been paid.
■-1
:
1
; '
The Commission pointed- out the dividend would increase the - rela),'fion
'
■
may
preference stock and the ,C. : & O- with two
would, be. in-, a better .position to negotiate an: ex-
stock
of
,
unification
which
with
common
•
; ■»"■' •'
,
that ,the Pere.Marquette.-aim j
at some .time be desired
given for this opinion were
reasons
affiliates
.other
'have
imiticaticm or
with it..
Ended
profit
Earnings
.
stock, would tend to facilitate any, possible steps toward
Consolidation of the C. & O. and other roads affiliated,
Months
9
i
-
•'
Commercial Credit Co.—Earnings—
Period End. Sept. 30—
"Net
1943—3 Mos.—1942
$1,586,747
$1,513,528
income
Earns,
per
com.
$0.79
share
deducting
1943—9 Mos.—1942
$4,867,796
$5,015,887
$0.75
$2.43
$2.51
and reserves of $1,057,000 in 3
months, 1943, and $5,157,000 for 9 months, 1943, for excess profits tax
and
renegotiations of controlled manufacturing subsidiaries and for
"After
all
contingencies.
charges,
taxes
<
-
,
;
tThc
division of the principal amount of ..Terre Haute bonds
to the proportion, between
the ..annual. charges shown,
above
corresponds
1941
of $1.51
-renegotiation),
per share,
■
and
in 1942 of $1.79
for -nine
months
■
share (after reserve for
Sept. 30, 1943, $1.30 per
per
ended
Note—Consolidated
the
with
third
quarter
gross
volume
of
all
receivables
acquired
during
ended Sept. 30, 1917, was $119,536,587, compared
the same period in 1942.—V. 158, p. 981.
$127,687,447 for
2466
THE COMMERCIAL & FINANCIAL CHRONICLE
Commercial Mackay Corp.
Operating
tax——
355,410
———,—330,694
for depreciation,..„*
636,063
foreign, exchange—
34,078
176,029
taxes
1
miscellaneous
Provision for
loss
expenses
Federal
S.
U.
—
income
,
shares,
(241,617
par),
no
U.
$2,416,170;
-
25,1943
26,1942
sales
Cost
etc.
expenses,
27,1941'.
$24,650,117 $21,301,424 $17,628,776 $16,347,567
22,176,630
19,213,303
16,408,421
14,845,915
——
and
from
Net
Dr$307,155
35,907
interest—-i—-.,-—1—$744,842
134,891
Dr$271,248
151,906
debentures of Mackay Corp.
income
on
$710,999
33,843
—
before
income
Interest
w—————'
operations
income
Oper. profit
Other
Total
Loss
income
on
income
—
-
—l
——
fFor comparative purposes, the accounts
1942 have been restated to reflect the
of
$609,951
——
|19r$423,154
Federal
itself
and
the
First
National
Net
kilowatt hour output
weekly
electric
of
of
energy
C.
has
been
.
Briggs, President, on Dec. 1 announced that the directors
distributing
agent.
"
.
'
...
Sept.
-Earnings— J/;
Total
Net
30—
profit
Earns,
per
in
.
National
158, p.
banks,
Bank
of
Cleveland
has
including
Cincinnati
to
J.
Chairman
B.
/
Net
$67,070
$0.21
share
common
All
$214,522
the
and
the
the
Jr.,
cents
:.+ After
1943—3 Mos.—1942
1943—9 Mos.—1942
all
in
share
a
$88,879
$0.15
•
share....
$148,691
$406,008
$515,675
$0.25
$0.67
$0.86
•
The
net-profit for the 12 months ended Sept. 30, 1943, was $814,799
equal to $1.36 a share against $918,726 or $1.53 a share for 12 months
ended Sept. 30, 1943.—V. 158, p. 574.
$781,267
deducting
1943,
post-war
President,
President,
and
board
(And
formerly Secretary
President
of
Sherlock
sales,
the
the
been
title
Vice
of
full
in
put
elected
Net
in
"On
of
all
;
37.9%,—V.
of
158,
517,625
Fed.
before
normal
inc.
norm.
income
taxes
taxes
1942
and
tl,157,069
SEC
$104,450
412.255
202,446
1176,936
166,818
with
45,675
130,348
170,782
.
;
,
194,779
—,
of
1943,
profits
in
$0.26
taxes.
tSubject
to
renegotiation.
which
Consolidated
will
control
income
7,094
$232,380
$231,820
$211,523
$202,778
dividends....
21,000
21,000
87,950
70,360
21,000
87,950
,21,000
52,770
$123,430
$140,460
$102,573
$1.50
$1.50
$1.35
______
.
share
per
Miscellaneous
Dividends
$129,008
$0,48
:
t
ing post-war refund of $7,718.
Assets—Cash,
and
U.
S.
receivable,.
V-'."''/.
■
Balance
$847,724;
accounts
'
Sheet,
Sept.
Government
$2,957,653;
charges,
$23,435;
furniture
(less depreciation),' $24,981;
and
fixtures
post-war refund
r/'
$8,845; total, $6,342,053.
of
U,
receiv¬
of
result
mately
158, p.
a
1129.
net_—
Fibreboard
—I...
-/
capital stock,
158,-p. 1823.
initial dividend
an
payable Dec.
28 to
of
holders
10
$49,155,216 $42,057,657
trust
notes,
Securities Dealers,
the
of
Committee
1,738,026
Inc., District No. 13, on Dec.
cn
contracts
less otherwise
The
Chase
pointed
after Dec.
and
'
specified.
National
S. and
income
35,212
taxes——
Dominion of Canada
taxes,
;
of
the
.
••
City
York
158,
has
-
been
2360.
p.
,
ap¬
taxes;
2,096,417
-..
Net
1943
after charges and
loss
the
Consolidated
of
quarter
ended
taxes
30,
of
1943,
terest, etc., comparing with net
Sept. 30, 1942.—V. 158, p. 1633.
Net profit for period
Earnings per share, on 2^261,199 shrs.
*
/
(excluding
$4,269
$3,739
Owned
after
in
'•
.
work
of
$326,525
the
ended
quarter
as
stock
'A
contracts
121,981,890
115,414,276
295,171
240,594
368,017
512,372
14,713.615
Prov.
expenses less other
for Fed.
Provision
Prov.
•
inq, and
for
5,814,648
for
diminution
operating
A—-
income
excess
contingencies
in
35,859
125,748
profits tax.
+10,367,900
/—
—1,290,000
3,845,000
—
valuation
property.,
of
—
345,000
15,000
Net
income.—-——i.——,..,
2,793.520
dividends———————817,587
/
per
share
common
1,498,900
be
made
of
(295,000 shares,
the
60,000
shall
llA
be
distributed
shares
of
of
shares
shall
Each
shares
be-offered
shareholder
shall
to
issued
such
to
Assets-—Cash,
$4,273,883;
trade
cluding approximately $5,527,000
for
Governmental
end
accounts
contracts
departments
receivable,
(costs
$5.17
$323,518,283
progress
paid
$432,372;
items,
related
to
operations
Aug.
and
81, 1943
accounts
plus
completed
profits
employees'
cost),
"
,
receivable
(in¬
facilities and production contracts
and agencies), $6,347,964; other note
portion
recorded,
of uncompleted
$348,130,079
less
billings), $24,611,795; inventories,
(at
•
on
$43,721;
sustained
note
war
bond
$536,147;
account,
$886,264;
$1,232,617;
pre¬
land
operating
plant and equip¬
depreciation, $2,154,769,
and amortization, $60,675+, $1,993,929; non-operating land and build¬
ings held for sale (at cost,. $1,026,700, less depreciation, $101,421, and
ment
(at
cost,
$4,209,373
less allowances
Liabilities—Notes
able
Oct.
payable to banks, $4,500,000; accounts payable,
accrued items other than taxes, $12,208,458; dividends pay¬
1,
1943,
$122,612; accrued taxes, including payroll and
withholding and
employees'
lor
Federal excess profits and income taxes.
deposits
for
purchases
contingencies, $2,000,000;
$1.75
of
war
:»
$8,229,525 $10,886,969
profits tax.-
excess
6,938,164
9,326,906
$$1,291,361
+$1,560,063
share—
common
§On
$$2.58
$1,98
;
charges but; before Federal income-, and
fSubject
;
profits tax.
excess
renegotiation: of Government
445,198 shares.—V, 153, p. 2044/
to
•-
and
contracts
/
;
9 Months Ended Sept.
."Net
gain
Earnings
v
"After
the
1943
'
"
,
Federal
1943
income
taxes
of
1942
$156,000
total
and
listed
were
1942
$0.80
in
1943
and
liabilities,
$1,008,478
as
in the
$300,333
current
$88,824
:
'
assets
period
and
y
•
1942..
current
$914,245
' .':
-
$89,883
share———$0.81
common
deducting
in
.Total
30—/
—'
——-
per
$141,349
Cuba Northern
"no-par) to "receive "
^
bonds,
$13,264,312;
$1,232,617; provision
preferred stock
>
respectively, for
$299,395, as against
and
period,-r-V,
157,
p.
991.
.; t
.
(142,189 shafes,
no
Rys.—Earnings—
to
to
the
have
the
holders
each
of
the
holders
(This
stock
specified
rate
of
stock
time
$1.50
not
share of
class- A
class
stock
right, to
of
be
share,
per
at
.Federal, taxes
is
claims
rat'e, of
at-the
class
A
by
Statement,
share¬
Net
•Other
latter
claimants
provided .that the
Jan.
•
,
Int.
1/ 1943 to July 31/, 1943
691,317
33,760
121,985
958,602
708,703
764,450
$223,307
$2,317,009
$2,217,232
50
4,848
704
$223,357
$2,321,857
$2,217,936
$176,099
revenues—
income —a„„—
/
income
'781
:
$176,880
48,394
102,099
793,448
740,685
income—$128,486
$121,258
$1,528,409
$1,477,251
Dividends
•
—V.
'
Statement
income
of
tax
and
Assets
and
Liabilities,
(Giving Effect
to
Plan
of
renegotiation '"
Dec.
Discount
Corp.,
81,
507,385
507,386
$1,021,023
$969,865
'
——i
••
Period Ended Oct. 31—
1943
/
•Federal
;
revenues
1943—Month—1942
1943—12. Mos.—1942
$550,356
659,642
17,556
206,830
173,319
74,647
f
—_■
3,524,741
40,059
16,516
,
$5,953,503
256,981
61,269
expenses—i.;
$438,999
323,204
—
taxes
Other taxes
Reorganization)
$124,893;
p: 2044.'
Operating
Operating
$151,272
102,665
945,689
509,570
$616,601
$452,203
$4,322,227
2,799,147.
210,928
,
Assets—Cash, $31,642; accounts receivable, $218,806; inventory, $61,- '
177; fixed assets (after depreciation),- $135,180; total, $446,804.
Liabilities—National
158,
A.—.;-*-.-.--——-
Dallas Railway & Terminal Co.—Earnings-
expense.../.—.-.—" Cr711
Federal
applicable- to preferred •stocks-'—-—.
.Balance
$1,984,513
.
and
before
Pro-Forma
1,326,384
58,134
•
and other deducts.^
Net
'1,833,953
income
2,877,409
1,636,811
58,934
oper.
Gross
..
goods sold
profit
$7,894,178
3,361,403
19,601
the
purchased
•
——.————
Net
$8,965,142
239,890
166,130
•
.
1943—12 Mos.—1942
$662,917
$1.50
against
..
Fiscal
•
$112,229
302,535
taxes———
Prop, retire, reserve—.'
■
in
1943—Month—1942
Other
or permitted to purchase .more.-than 5,000 of such
such stock shall be made by applying the pur¬
the balance owing on their claims to the/extent
that such claims arp sufficient, and.any .difference between the total
purchase price of all stock to be acquired and the - $29,761: shall '
be adjusted in cash.
.
''
of
1942
$31,587
for
payment
price
1943
,
$787,458
Operating revenues'—-;
Operating expenses :
'
,
be obligated
not
chase
.
;
Period Ended Oct. 31—
purchase
$29,761
purchased, by
shall
\
,
,
after charges.-——
Dallas Power & Light Co.—Earnings-
A
class
of
,
the option
loss
—V. 158, p. 2360.
••
of
the
Quarter Ended Sept. 30—
Net
•
;
accounts
(Prop. retire,
Rent
payable,
reserve..—
lease of plant
for
Operating
$1,109;
payrolls, interest, taxes/ compensation insurance, etc., accrued,
$23,333; A. G. Sherman account, $18,522; land contract payable,'$32,085; reserve for Federal income tax, $125,000; .capjtal stock- <57,500
shares, $1 par), $57,500; surplus, $64,362; total, $446,804.—V.
144,;
p. 3835.
' - "
'
+
K-
Other
income-
$74,720
income
.
Gross' income
,
6,502
Int.' and
other
25,666
—
$74,720
:
deducts.
177,060
$15,236
—
$40,902
18,202
17,621
$56,518
25,667
■
•
$477,870
$616,601
$23,281
,
268,787
298,936
$347,814
$178,934
.
Net
for
provision for diminution in valuation, $725,092), $200,187; patents, $1;
post-war refund of Federal excess profits taxes, $512,200; other assets,
$900; total, $41,071,981.
"
including
$1,00
.
-
,
■
■
holders
shall
claims,
the
within
at
be
of
$22,500
share.)
Any part
claimants
"Includes performance bonuses earned of $5,394,197.
fLess post-war
(accruing since July 1, 1942) of $1,112,200.
Sheet,
$3,594,048
$1.08
l'; Crystal Tissue Co.—Earnings—
328,812
$8.17
Balance
,
briefly
shares capital
new
stock, for
new
refund tax credits
Consolidated
shareholders
and
and the stock is to be cancelled.
of
rate
(d)
holders
Cost
Earnings
$472,313
y4 shares of new stock for each share of class A stock held by him.""
Sales
Preferred
creditors
stock
common
to
Income
226,336
accorded
;
share.
a
non—v.—
—
968 &
••;
7,500
shares;
—,.3
of
shares
the
at
-payment
1942
286,252,239
Deprec. of oper. plant, machinery and equip.—.
Selling and general office admin. expenses—-—.
Other
$506,424
follows:
,$1.50
•"■'.
"301,629,042
performed—,
holders
stock,
(c)
1943
Profit from operations
3L985
$3,767,883
—
r-
subcontracts.
,
be
to
distribution
(a) 37,500
in¬
-
on
and
follows:
as
The
subsidiaries)
charges,
treatment
Present
per
performed
Cost
y
265,037-
.
common
•nothing in exchange,
Subsidiary)
Year Ended Aug. 31—
Work
•
34,153
-
common.
•
per
tRevised.
plan of reorganization was filed in the U, S. District
Court at Detroit, Nov. 15, 1943.
Consents to the plan are now being
solicited.
A hearing on confirmation of the
plan, will : be held by ",
'-the court Dec.- 20, 1943.
: '.
- <
/•-V: >V'". -*•
.*
(b)
Wholly
State inc.
profit
/JEarhings
amended
An
v
L
Consolidated Steel Corp., Ltd.—Annual Report—
(Including
.1,938,278
"253,066
-
and
"After all
shares-.".-.;.
common
per
.Net.
,
is
Cuba
was
loss, of
:
profit
The
1942
$859,306
Railroads
Sept.
2,061,099
2,072,423
—
taxes—
profits tax credits.—
Minority stockholders' equity in earnings.
Covered Wagon Co.-—Amended Reorganization Flan—
is
for
profits taxes
exc.
$3,666,643
737,350
1,472,906" /' 1,472,906 • - 1,480,506
share...
$0.34 -$0.34 ■ ,
$0.32
+After deducting $67,550 post-war refund.—V. 158, p.' 669.
/;, /, - /■*
,
Consolidated RRs. of Cuba (& Subs.)—Earnings—
Quarter Ended Sept. 30—
Net profit
$7,625,410
,
for the capital stock.—V.
registrar
New
.
and
+ 1
1941 '
■
$3;999,'820
1,423,635'J, 136,617
+917,211.
> 634,649
Net
Earnings
un¬
"/•
•
of
48,750
-
$7,717,810
including surtax——
profits
543,936
3,807,495
Excess
-
16, 1943 shall be 'regular way'
.
Bank
.
income
Outstanding
14 announced:
day's written notice.
one
on
"1942
,-
$4,811,496
inc.
" v:
s
,
V
^
of
.
prior thereto
,v
1943
"
profit
Operating
and if issued' contracts in Consolidated Natural Gas
shall be settled on Dec. 20, 1943, or may be settled
as,
capital stock
1,983,128
4,150,812
accounts
$3,295,000;
/
v
Association
National
9Months Ended Sept.30—
'Federal
'
Practice
28,048,938
35,125,113
^
..
Coty, Inc. (& Subs.)—Earnings—V +•
;
Gross
of-record Dec. 21.—
Consolidated Natural Gas Co.—Registrar—
'when,
•*
cents per share
•
Uniform
234,465
388,243
Income
profits..
90,155
234,465
Inc.—..
■
Consolidated Gas Utilities Corp.—Initial Dividend—
The directors have declared
f
,
1942
61,192
Products,
—l—•
$350,000; common stock ($2.50. par), $351,800;. earned surplus,
//profit
Federal
$564,411; capital surplus, $167,594; total, $6,352,053.-^V/156y-jp. 2128. >:/:
■
,1>;,
,
:
.1943
par),
in Setay Co., Inc., of which it is con¬
wholly owned subsidiary. (See Setay Co.,
interest
templated Republic will be
Inc.t—V.
•
proposed transactions, Consolidated will hold approxi¬
two-thirds
a
per share
stock, no par
This ccmpares
"Representing debt retirement credit of! $108,410 and post-war refund
payable' and
/Of $144,656.—V. 158, p. 2250.
/'
.1; '•
accruals, $52,845; reserve for taxes, $189,460; 'reserves withheld,171; reserve for losses, $122,080; deferred Income, $135,941;
reserve
Crucible Steel Co. of America—
:
for discounts sold
(contra), $335,085; debentures .(net), $690,000; reserve for
contingencies, $62,666;. 6% cumulative preferred stock' ($100
Quarter Ended Sept. 30—
.
/* / " 1943
1942
Liabilities—Collateral
consummation
Pictures Corp., a motion
having assets as of April
./'< ■
company
cents
A
20.
Subs.)—Earnings—
goods sold
Excess
automobiles
and
Federal.excess
20
class
Dec.
31—
income,
from
Profit before
automobiles, $7,101; other notes and accounts receivables/1
$3,550; industrial bank charter, $1; investment in, and advances to,
,Ace Drill Corp,
(wholly owned subsidiary not consolidated)) $389,270;
deferred
of
cumul.
refcord
Operating expenses, excl. of depreciationInterest paid on bank loans..
repossessed
.tax,
$1
Depletion,
1943
in; discount
Ocf!,
Depreciation
obligations,+ $1,700,000;
equity
Total
Cost of
'_•.•/
80,
dividend
a
the
on
holders ,of
cents paid on Oct. 1, last, and 10 cents each on April 1 and
1943, and on April 1, July 1, Oct. 1 and Dec. 30, 1942.
Arrear¬
at Oct. 1, 1943 amounted to $4.20 per share—V. 158, p.' 1130. .
6 Months Ended
dividends.-...
declared
13
to
30
Sales, net ot' returns, discounts, allowances, out¬
ward freight, etc
$48,590,322 $41,275,754
Other 'operating income, net, exclusive of de¬
duction for depreciation
..Al..'
269,237
457,283
"Income taxes included; $148,220 in-1942; $73,619 in 1941; $41,380 in
1940.
tOn 140,720 shares of common stock, par $2.50,
tAfter deduct¬
$Q.52
Republic
picture producing and distributing
1943, of $8,298,775.
"All
SRevised.
(Including Canadian Subsidiaries)
$202,778
$204,428
V'.—
Dec.
on
Dec.
Crown Zellerbach Corp. (&
156,967
:.
,
.30,
Co.
$4.32
deducting provision
$1,772,666 in 1941 for
and
1942
.
"All
2,614,260
§$1,80
•
fAfter
stock,
common
$2,171,037
accumulations
-A-.'
•
198,223,
$231,820
-
15
ages as
•
40,432
——
of
payable
July 1,
65,038
94,859
:v*'
:
trust
Surplus
$208,752
$0.55
upon
86,382
*134,603
,193,370
37,666
fEarnings
89,468
approved a series of transactions,
$771,590
19,145
141,546
$194,714
oper.
Net
$298,226
92,626
$221,524
has
$952,297
directors
value,
ables sold without recourse, $335,085; other current receivables, $44,406;
$197,076
share
$956,554
1940
3,093
income—__
V
160,414
Will Control Republic—
The
1941
§1,312,132
$1.50
share-.
shares
in
excess
account
on
1941
104,320
expenses...__
Common
1941
$381,938
,
profit
Earnings per preferred
to em pi.
other
notes
Federal
$891,319
employees and
Preferred
(& Subs.)—Earns.
1943
The
1942
losses—-
Consolidated
30—
Sept.
for
2359.
p.
Consolidated Film Industries, Inc.
Quarter Ended
the
'
1942
Increases Dividend—
{& Subs.)—Earnings-
1943
borrowings.
exps.—salaries...
Net
increase
V.
1
subsidiaries)
1943
$40,363,082 $35,269,572 $35,259,567
$2,123,513
Federal
of
charge
domestic
sales
"Earnings per common
Sec¬
of
Inc.—Earnings—
wholly owned
Sept. 30—
+Net-profit after all chgs. and tuxes
formerly,
charge
President
.
8
and Treasurer,
will act as
been
has
Dec.
on
9 Months Ended
He
company.
McKewen
has
Miscellaneous income...
The company on Dec.
15 announced that System output of elec¬
tricity
(electricity generated and purchased); for the week ended
Dec. 12, 1943, amounted to 223,800,000 kwh.* compared with 162,600,000
kwh. for the corresponding week of 1942, an increase of 37.7%.
Local
distribution
of
electricity amounted to
220,500,000 kwh., compared
With 160,000,000 kwh. for the corresponding week of last year, an
<on
agent
Central Trust Co. and
the Cleveland Trust Co,
Corp.—Earnings-
taxes—,.
and
Earnings -per
$0.66
/
(after
a
completion
City Bank of„Cleveland, to handle the Crosley credit.
after,
profit
charges
298,050
$495,694
35
and
stock.
of
Jeffress,
Vice
a
income—-—
contrib.
1943
Consolidated Edison Co. of New York, Infc.—Output—
As
announced
573.
p.
of
Bonus to
■
provision of $120,651 for Federal income and excess profits
post-war credits for three months.) and after providing
$457,651 for Federal taxes for "nine months.—V. 158, p. 668.
of
current
1345.
period Ended Sept. 30—
474,923
244,980
r
"$780,716
1942
common
"Taxes, incl. Fed. inc.—-.
9 Mos.
::
"After
The
that
elected
Provision
/I';'
3 Mos.
v
1943.
<
share
a
of
158,
Years End. Sept. 30—
Oper.
Consolidated Biscuit Co,Period Ended
Net
cents
shares
Contract Purchase Corp.
.
\-
stock must surrender their certificates
156, p. 1235; V. 153, p. 1126'.
receive payment, owners of
Profit
27
charge
Cost
•
813,220
of packers' can
the
company's sales, with
sales.—V.
158, p. 2043.
to the trust company for cancellation.—V.
taxes
75,681447,884
.
retary and Treasurer of the company, and W. H, Funderburg,
in
and
,
appointed
*
502
+ 1,191,329
taxes.
Conway,
announced
changed scrip certificates for fractional shares. The Continental Bank
& Trust Co. of New York, 30 Broad Street, New York City, has been
.
of
Crown Cork & Seal Co.,
prepared to make final distribution on the company's stock in the
of 91 cents per share.
No payment will be made on unex¬
To
other
12
Continental Can Co., Inc.—Promotions—
Commonwealths Distribution, Inc.—Final Distribution
Herbert W.
Bank
Cream of Wheat
$1,286,819
$1,562,333
22,580,
7,591
130,779
"$859,298
to
Assistant
amount
10,254
425,721
profit
Carle
$27,613,402
60,681
66,464
376,256
1,075,429
subsidiaries
corporation adjusted to
show general business conditions
of territory
served for the week ended Dec. 9,
1943 amounted to
257,292,402 as compared with 232,589,303 for the corresponding week
In 1942, an increase of 24,703,099 or 10.62%.—-V. 158, p. 2359.
to
*
income
"Equal
this
are
—
credit of $17,239.—V.
Commonwealth & Southern Corp.—Weekly Output—
The
$2,160,690
—V.
$1,501,652
$1,220,355.
.
on
cf
$2,557,628
2,750
127,995
—:
—
Federal
Federal income tax based on the adjusted amount
therefor for the entire year 1942.—V. 158, p. 1345..
provided
72,569
amounted
of
Reserve
for
for
amount,
«uch period, of U. S.
finally
$2,088,121
84,141
Depreciation
for the nine months' period
proportionate
$2,473,487
exp.
equipment....
•Interest
Net
after
income...
notes
V-credtts for the Crosley Corp. of Cincinnati of $30,000,000.
The Fifth-Third Union Trust Co, of Cincinnati, was named as
and the
Net-income
Non-operating
tax
Arranges $30 Million "V" Credit—
The
of
Sept.
28,1940
Sept.
■
Net
notes,
This
compares
with
cash
and
U.
S,
$7,633,093, cm-rent assets of $19,283,177 and
current liabilities of $4,1.73,236 on Sept. 30, 1942
-12 Weeks Ended-
Sept.
tax
$22,018,895.
were
Government
,
Subs.)—Earnings—
Sept.
;
.
Government
S.
liabilities
$3,333; post-war surplus,
158, p. 1634.
Continental Baking Co. (&
606,808
11,298
—
on
total, $41,071,981.—V.
77,000
~
stock
common
surplus, $1,257,554; appropriated surplus,
$512,200;
_
$5,868,656
—————
—
operation—
and repairs
and
Provision
free
$4,132,402
2,378,914
496,410
493,098
revenues
of
Maintenance
Other
,
+1942
2,618,042
591,586
591,784
Expenses
General
1943
$3,554,725;
par),
(& Subs.)—Earnings-r
9 Months Ended Sept. 30—
Monday, December 20, 1943
Crosley Corp. (& Subs.)—Earnings—
9 Months Ended
Net
Sept. 30—
sales
Costs,
•
1943
1942
■
•
"Dividends applicable
1941
Balance
$58,978,783 $23,523,800 $19,134,864
royalties,
*
ordinary
ta^
depreciation
Federal inc.
exc.
profits
-V.
and
1_
and
49,711,847
21,274,185
17,854,496
taxes.
6,495,057
1,484,921
300,000
$764,694
$980,368
$1.40
~ $1.79
income
-
to
preferred stocks—
26,901
profit
Earnings
per
"$2,771,879
:
common
share—
$5.08
.
"Subject to audit and renegotiation provisions.
assets as of Sept. 30, 1943,
including'$10,377,603
Current
158, p. 2044.
Profit
and
after
Interest
The
cash
$152,033
Cuba RR.—Earnings—
.
Quarter Ended Sept. 30—
Net
26,901
$320,913
—
rate
Republic
interest,
on
indebtedness
specified
in
of
which
Cuba
1943
a
has
been
less
than
the
$442,493
included
transitory provision of the
is
1942
$895,162
1
taxes, etc
bonded
coupon
in
expenses
constitution
rates.
No
of
.at
the
provision
Volume 158
amount of participation
has been madevfor the
become
2360.
P-
'
-
accordance
15, }942.—V. 158,
;
Operating
Operating
A dividend of $1.25
payable
cents
Dee.
each
per
to
21
April
Operation
8,656,083
200,327
854,571
804,701
459,351
2,186,601
Cr31,391
1,327,715
2,660,093
1,613,981
,798,832
,215,101
retirements
Provis.
for
income
Other
taxes
Net
oper.
Other
Net
Pfd.
"Net
$460,320
$242,430
—i.,
$463,177^ "$1,546,684
"$129,927
—
includes
158, p. 2251.
$1,577,456
,28,296.
171,865
175,263.
4
$41,160
$276,675
$271,369.
profits
k
earnings
Net
30, 1943, and $295,232 ior the 12 months' period ended Sept. 30, 1943,
representing estimated postwar credits equivalent to 10%; of Federal
excess profits taxes.—V. 158, p. 982.
•
•v:^ ;
'
',
'
•
$446,632
not include income and excess
'
• "'■/
..Note—Operating; expensed, do
taxes.—V.
.
158,
2044.
p,
'
.
Share
of 20s. per' share
on
the deferred stock for the year 1942, making a total of 35S. for
that year.
A dividend of 10s. per share was also declared on the
has declared
corporation
final
a
dividend
155, p. 2247.
preference stock.—V.
"
.
Dewey & Almy Chemical Co.—2%
Approved—No
:•
,
of
distributions
Cash
stocks
March
on
25
.
■
/ The directors on Dec. 9 also ratified a retirement plan for employees,
is subject to approval by the Bureau of Internal Revenue; . It
applies
all employees of the company who as of Jan. 1,
59 years of age and who. had completed at;
to
30
to
1943 were
least three
:
.
4%
the
■" /.f
'G, ■
■ ' •.
GThe yearly dmount of past service annuity to be paid on retirement
at age 65 will be -Vz of 1% of the employee's basic annual earnings
for the year 1942. multiplied by the number of years of eligible service.'
The yearly amount of future service annuity will be at thef rate of
Va of 1% of basic earnings up to $3,000 per year plus 1% of any
basic earnings in excess of $3,000 per year; multiplied by the number
Mr.
of participation iir the plan,
' ; ■ ,
also disclosed that renegotiation of contracts for.war ma-,
to the Government in 1942 has been completed, and
refunds have been found necessary.—V. 158, p. 769.'
•
Almy
supplied
that no
?
v
Co.—Earnings—
'
Sept. 30—
.
"Net
profit
ta"xes_^_
$483,414
$1.15
$1,569,867
$553,661
common-l—-
per
$1.31
$1,063,099
S3.73
.$2.55
•
charges
deducting
Dividend Shares,
'
dividends^„_,
securities
sales
from
proceeds
received
1943
$2,160,499
..
1942
Profit-'—
to
dividend:.AL4A'~W-~-—v,
116,115
.
Coal Corp.—Earnings—
30—
,1943
A—...-./
profit
"After
429
Total
$2,228,701
$2,284,151
364,619
303,130
$2,192,798.
353,440
estimated depletion,
and extraordinary
•
• : •'
• •
taxes,
leasehold
—V.
158,
equity
p.' 1824.
in
income—,,—^,—u$ 1,864,082
$1,981,021
El Paso Natural Gas Co.
■
2,322,864
2,318,015
capital
security profits and losses.
....
Balance Sheet, Oct. 31/
,
$2,500 certificate of deposit,
87,086
•
to- capital stock_Y/
subscriptions
...
$1,351,729;
".'/V.''- '
,
1";''.
'
r
(Del.)
(&
■'V r '
*,
Tax withheld ort div, payments
/holders
profit
after
all
charges and taxesper
-
'•
$199,375
13,989
22,096
"$32,584
$0.75
Nil
145,800
149,734
1,705,049
1,524
11,744
38,280
costs
'
Giil—-l.rl'
$2,428,459
64,964
/
under
35,678,543
'1,386,523
1,357,950
I—--/-
——L—— $46,'727,327
$46,250,737
shares in 1942 and 59,658 shares in 1943.'—
■
$2,633,696;
$2,493,423
34,426
380,609
760
712
9,914
15,686
6.560
25,467
"$143,745
$196,743
$2,077,431
after all
deducting
"35,242
17,926
provision for Federal taxes and war con¬
charges and
$50,000
tingencies of $35,242.—V.
1942
$297,830
taxes
156, p. 1047.
from
$1.37p.
219,;
•
asked
be
vote
to
which
Dec., 14
will
to
$375,000
profits,
when payments
$250,000."
of
admitted
assets
and
878,869,
The
its
of
the
are
completed
company
lowing
premiums
new
headed
company,
by
L,
on
real estate sold
at the end of 1942 were $19,-'
of
Illinois
131,
p.
$254,388.
Cavanaugh, President, was incorpo¬
1899 and began business'the fol¬
were
D.
laws
the
under
rated
in
3771.
year.—V.
and
1
8,631
103,579
103,579
expense-.—1_.11
deducts!
5,250 /
(
11. t.
Preferred'dividend:
"v
Net: income
The directors
the
Balance; for
is
"•
common.«_
$188,111
-$135,113
Note-^Pruvlsion for Federal income tax, surtax
as
follows:; -;
Co.—50-Cent Dividend—
p'.
2044.
$1,973,852
32,546
$2,006,295
Emetson
G
The
477,485
503,651
1
&
Phonograph
compares
Dec, 28, 1942.
20 cents was
Corp.
.
than
—
Employees'
bonus'. to
five years/
Office workers'
is
based
p.
2251.
on
a
bonus represents
1% of total salary
employment up to eight years.
The executives' bonus
percentage of salaries predicated on earnings.'—V, 158,
each year of
'
Dec.
a
of 50 cents per share
holders of record Dec. 20.
dividend
to
28
par
&
Welder Co.—25-Cent
declared
a
dividend of
$1, payable Dec.-27 to
25
Dividend—
cents per
share
on
holders of record Dec. 20.
paid on May 25, last, and 25 cents an
These were the first payments since Oct. 35, 1941, when
with 50 .cents
disbursed.—V. 157, p. 1269.
Period Ended Sept.
"Net
income
Smelting Co.—Earnings—
1943—9 Mos.—1942
$696,148 t$l,026,243
t$0.72
$2.82
t$4.13
taxes but before depletion and year-end ad¬
1943—3 Mos.—1942
f$l?7,768
$230,362
—
$0.93
shareall charges and
per
'"After
30—
com.
tRevised.—V. 158, p. 2045.
,
employees of this corporation amounting to
$137,982 was announced on Dec. 9 by. Benjamin Abrams, President.
The
bonus for
factory workers ranges from the
equivalent of one
week's salary for those who have been in the company's service less
than five years to two w^ask^' salary for those with the company more'
for
have
Federal Mining &
justments.
/
year-end
Machine
directors
the capital stock,
v
$952,889
.
Radio
Bonus—
payable
25
1943—12 Mos.—1942
$975,370
$82,047
53,733
$80,810
Fed. excess;profits.tax—
158,
stock,
common
10 declared
Dec.
compares" with
Federal
and excess profits tax
1943—Month—1942
',
Fed •• .inc.and., surtax
VI
on
cents per share paid on Sept. 21, last, 50
cents on June 23, 1943, and 25 cents on March 24, 1943.
Payments
during 1942 were as follows: March 30, June 24 and Sept. 22, 25 cents
each; and Dec, 30, $1.—V. 158, p. 2251.
This
$2,109,874
8,631
405,885
discount '
.
1943
$705,298
—
will
102,249
'Gl/l-—-—
of debt
Miscell... income
A
June 30
156,815
Co., Chicago- -Plans Stock Dis-
incorporation
contract,
The
on
$238,442
r
,,
35,904,261
of
company
potential
6,522
30,599
$180,355
'
:
$3,052,573
149,605
'
$2,627,174
Dr 2,969
Drl2,569
,
17,806
$3,651,699
on an amendment
increase the capital stock.
$1,000,000 by declaring a pro rata
common stock dividend of $625,000, it was announced on Nov.
27 by,
Isaac Miller Hamilton, Chairman of the board of directors,
Mr,
Hamilton
said
that
"this will still
leave approximately over,
a ,half
million dollars free surplus. $350,000 contingency reserve and
articles
Of'the
2,043,479
$241,411
$192,925'
———
income
interest'
11,212
9,128,797
1941
$5,128,154
<
stockholders
the
This
13,000
.•
103,440
Other
'•»
1942
1943
Federal Light & Traction
17,809
9,206,994
—
—
"After
•
1943—6 Mos.—1942
$36,635
$1.30
share—$2.22
tAfter all charges and taxes.—V. 157,
common
per
106,770 shares.
The
;
to
1,104,803
1,798,279
;
$10,046
2360.
profit
taxes
248,012
.
profit____^_„-.^._;^^„_
"On
250.915
1,147,679
12,295,
Dry-Pack Corp.—Earnings—
Net
$479,588;
1440.
p.
9 Months Ended Sept. 30—
$7,928,092
91,869
Exploiv and devel.
and
——'
taxes,___^__^
"Less, par value of 86,229
Sales
1944,
"$15,006
Nil
$0.05
.Net;sales-,^.w-._^__^_
1943—12 Mos.—1942
•91,996
I,
12,866
9,217
9,663
;
capital, stock, State
(par 25 cents)—
6 Months Ended
158,
'
$12,897
.
share.
com.
"Loss.—V.
Earns,
158, p.
1,
;;
Earns,
Subs.)—Earnings—
287,280
to foreign stock-
;j_r—
Federal
Capital surplus
—J—
Earned surplus/—A—:
V.
prior to Oct.
and,
Treasury tax notes
$734,510; portion of
1943—3 Mos—1942
Period Ended Oct. 31— "
'
2,156,595
:
purchased—
for securities
—-
S.
'
46,463
-
Payable for own capital stock purchased———
Accounts payable for accrued expenses—_
Total
U.
capital stock ($5 par), $1,220,953; capital surplus,4
surplus,
$2,832,486;
total,
$11,287,663.—V.I. 158,
; '
earned
670.
.Net
$2,900
depreciation and amortization of
and non-recurring items. fLoss.
'
miscellaneous
(less
$1,000,000),
liabilities), $507,300;'3% ^ mortgage notes (held by banks>
installments to Mar, 1, 1945 (less minimum payments- of
$198,152;
reserves,
p.
1941
$7,763,345
$46,727,327 $46,250,737,
_
"Capital stock
in
"Earnings
24,879
Amort,
for
current
87,086
161,068
2,648,191
36,102
12,818
charges__'_—
Provision
maturing
Federal,.'State
$667,000;
estimated
thereof,
£25,178
$680,708
Balance
1,385,213
'
,
contingencies,
payment
estate
tNet
25,924
held by
Guaranty Trust Co. of New York, trusteesCash dividends receivable and interest accrued-
Payable
accounts- payable,
income,
on
banks
to
payable,
other
and
taxes
applied -in
14,317-
196,240
1942
1943
Liabilities—
contractors,. $205,075;
logging
to
,' Federal Bake Shops, Inc.—Earnings-
$654,412
$45,283,976 $43,529,923'
—;—:——l—1
on
.
inch in current liabilities), $183,530;;
mortgage notes on residential properties payable in installments (less
$1,884 due prior to Oct! 1, 1944 inluded in current liabilities; $32,951;
t$63,462
1943—Month—1942
—
Depreciation.
Taxes l'_u—1-„—
■
Assets—
Receivable
:
.
Exchange Buffet Corp.—Earnings—
A—1''
Operation
Maintenance
Deferred
1943, and
1043
$275,000 due prior to Oct. 1, 1944,
Operating revenues Gil/'
$1,839,358
stock,2,283,310
and
payable
accounts
miscellaneous
payable
.
20.8
1942
$57,262
;
.
Period Ended Oct. 31-
Cash
advances
tribution—
Elk Horn
74,904
1,524
Investments
in
,
80,
maturing in installments after Oct, 1, 1944, $3,939j
contracts payable in installments as timber is cub
(less minimum payments of $204,704 due prior to Oct! 1, 1944 included
13.4
£52,674 "
3 Months Ended Sept.
.
taxable
as
57,051
"Excluding
,
Sept.
deposit, $2,505,294;
on
Federal Life Insurance
"
Expenses
,
trade
real
1636.
157, p.
"Net
distributions,—.,,^.—
on
•
.
Sheet,
timber: purchase
Pet.
13,800
Br£2,415
'Balance
of
60,128
8,074
"Net
be
on
1942
1941
£153,560"; £126,581
13,800
diyidei]d^l'_£i:i?:-7~^ii'r-.-,
Common
1941-.'
■
■.
Dividends
$70,678;
long-term indebtedness
Lid.—Earnings—
1943
£127,500
7
—-
preference
$2,117,465
$2,225,576
Interest
dividend
and
hand
on
rehabilitation
'
cash
;
Balance
(under Regulation "V"), $2,$246,452; payrolls and payroll taxes,
$71,096; accrued royalties,
taxes, commissions and other expenses, $206,216; reserve for post-wair
Inc.—Earnings-
Years Ended Oct. 31—
'Net
amount of $1,040,850
profits tax in
excess
1942.
Liabilities—Notes
100,000;
1
Electric & Musical Industries,
for
-V.
Income—Cash
244,191
$1,703,864; investment and other assets, $755,579;
(less depletion and reserve for revaluation of $347,097),
$451,762;
profit
Fiscal Year Ended Sept. 30-—
renegotiation,, taxes and contingencies
($2,718,000 in the third quarter of 1943), • For the 9 months ended
Sept, 30, "1943, these charges amounted to approximately $8,568,000
as against $7,450,000 for the 1942, period.
tOn. 421,259 shares.—V. 158,
p. 2360.
7
"
7 " ■ '■•.•'• '-7."--" 7;
,
■ ■.
"After
and foreign taxes on income of sub¬
shares capital stock, par $5.
$The
State
tOn
all
after
and
charges
tEarn.
1943—9 Mos.—1942
-
Federal,
$109,151
$0.44
in¬
timber$1,142,-;
962; property, plant and equipment (less depredation and amortization,
$1,216,116), $2,514,400;
patents and licenses,
$1;
deferred charges,
$165,191; total, $11,287,663.
-
.
3943—3 Mos.—1942
Period Ended Sept. 30—
*
for
customers,
Subs.)—Earnings—
:
for
"58,791
$387,449
$1.59
ventories,
1943 "
! 1942
1941
$3,754,076 $$2,987,832 $$4,749,827
Earnings per common share^—i—$3.14
$$2.50
$3.97
"After depreciation',
interest and Federal and fqreign income and
excess profits taxes.
fRevised^—V.' 158, p. 1003.
/
9 Months Ended
"Net
Diamond T Motor
to
.
Electric Auto Lite Co." (&
v
share_—-,
per
321,603
$119,078
$0.48
<
marketable secur¬
ities at cost (including Dominion of Canada bonds of $18,449), $68,449;
trade accounts and notes receivable
(less reserves of $186,506), $2,156,172; expenditures for tools and dies and other charges to be billed
The above figures do
hot appearing ill
$448,434 '
$1,83
,
(estimated).
Canadian
Amount
.7, 22,550
17,422
•'-;
7,307
■
19,623
(
)141,660
$577,000
11,260,574
—
profit
Net
Assets—Cash
84,006
7.4
99,005
not include the system inputs of any companies
both periods,—V.;i58,-p. 2360.
Co;-S:.y.-; .106,312
(est.}
Consolidated
Federal income and
.
.
Natl. Pwr. .& Lgt.
162,072
667,000
conting—.
$392,000 in
„
1942
; 169,197
&
provision
Inc.—Weekly Input—
-/Operating Subsidiaries of
1943
Am. PUT. & Light Co.A
191,747;;
Elec. Pwrr & Lgt. Corp. J > 101,428
260,236]'
re-
provision for taxes is computed on the basis of 1942 rates and includes
'•For,the;week ended Dec. 9, 1943, the System inputs of client operat¬
ing companies
of: Ebasco Services Inc., which are subsidiaries of
; American
Power
Light Co.., Electric Power
Light Corp. and
National ,Power &. Light Co., as compared with - the corresponding
week during 1942 were as follows:1
t
'v.
•v.;—
Thousands of Kilowatt-Hours—
—
G .r- G
;• "■•■..7;'\■"
*- ■ G
G -: G • '7
•
:—Increase—•
•,
post-war
"Provision
Corp.—25-Cent Distribution—
.
$261,540
for Fed. & Forgn.
sidiary
contingencies.
4
terials
for
$1,005,343
49,029)
44,209
deductions
fEarriings
,
.
/
of years
in
25 debts'4 per
•
Ebasco Services,
'
by each eligible employee, with each participant contributing
portion of his earnings which may exceed $3,000 in any
year
of
year.
of
$1,848,258 "$1,045,153"
1,034,722
783,613
$2,486,937
66,719
profit
Intei4est expense
.
share has been declared on both the
common
A and common B stocks, no par value, payable Dec. 29 to
holders of record Dee. 14.
The only other payment this year was one
of 32Mi cents-per share• on Oct. 1,
'Ir. 1942, a distribution of 12>/2'
cents per share was. made on Dec. 30.—V. 158, p. 1346,
dividend
A
•
pany
each
G
income
Easy Washing Machine
of continuous service with the company.
An unusual feature
is that time of employees spent in the armed forces in the present'
war up
to two years, will count toward eligibility provided that after
demobilization
the employee re-enters
the employ of the companyv
expects to purchase wholly at its own expense,,, a past service
annuity Ilor each eligible employee, who joins the plan as of Jan. 1,
1943 and who then has completed at least four years of continuous
service.
The company will also bear the entire cost of providing future
service annuities on account of the first $3,000, of earnings, received
$329,233
lands
years
promptly without' Intervening employment' elsewhere.
'
■Under the retirement plan," which is in the form of a group annuity
contract with the John Hancock Mutual Life Insurance Co., the com¬
67,695
$871,124
7 Total
taxes on inc.
30, ,1943,
Sept.
57,588
habil.
Subs.)—Earnings—
and provision far estimated
profits taxes and reserves for
Note—Federal
,
ended
_
,
$813,536
Brl6,209
income
Prov.
and excess profits taxes for the 9 months
amounted to $17,540,101 before deducting the
post-war refund of $582,923, as compared with $13,863,523 for the 9
months ,ended Sept..'30, 1942.—V. 158, p. 88.7. .
/*■'; ■
,
each were made on the common
Sept. 15 and Dec. 15, this year.
$1,021,532
28,089
per share.
The dividend just
viz: $15 per share on Dec. 27
1943—9 Mos.—1942
$1,004,161". $2,928,479, $3,068,996
$1.43
$4.16,
$4.36
$1.33
'
share.
com.
$2,458,848
A*:
sales
from
Frov.
.
1943—3 Mos.—1942
-
" $938,882
.
per
"After depreciation
.
which
from
profit
Earns,
cents
June 15,
15,
Period Ended Sept. 30—
"'Net
excess
announced.
Vice-President,
Almy,
:
>
1940
1941
Operating profit
profit
Misc.
;
$10 per
Eaton Manufacturing Co, (&
<
Dec. 9 declared .a 2%
on
N
share on Jan. 7, both to stockholders of record Dec. 21.
G'/A distribution of $1.50 per share was made on Dec. 15, 1943, and
each of the 20 preceding quarters.—V. 158, p. 2190.
stock dividend on the com¬
mon stock and class B common stock,
no par value, payable Dec. 24
to holders of,record Dec. 13.
Scrip will be issued for fractional shares,
Which
will be valid until Dec. 31, 1944.
Arrangements have been
made with the firm of Paine, Webber, Jackson & Curtis to provide
a
market for the scrip, with no commission to be charged,; Charles.
directors
The
on
J
1942
$1,995,978
974,426
Other
declared a dividend of $25 per share on
the 6% cumul. 1st preferred stock, series
14
the common stock
.
>
Renegotiation—
Refund to Government Under
,
Dec.
on
par $100, which amounted to $46.50
declared is payable in two instalments,
and
Stock Distribution
for Employees
Retirement Plan
—New
directors
The
A,
,
'
*
End. Sept. 30—
Expenses
To Pay $25 per
—
Account of Arrearages—
on
account of accumulations
,
Street Ry.
Massachusetts
Eastern
Ltd.—Final Dividend—
De Beers Consolidated Mines,
4%.
1943
"
$3,600,656
1,141,808
Gross
•
The
rate, of
annual
the
at
27, 1943.
Similar distributions were made on
hi each quarter during,.1943—V. 158, p. 1936.
9 Mos
$34,280'
Operating: expenses
•
be
Dec.
1943—10 Mos.—1942
$448,540
,
will
Evans.Products Co. (& Subs.)—Earnings—
" $66,090
24,930
$62,576
stock
; The directors also declared a dividend of 75 cents per share on the
outstanding common stock, payable Jan. 1, 1944, to holders.of record
Ltd.—Earnings—
1943—Month—1942
Period Ended Oct. 31—
Gross earnings'—,
the
ferred
$11,552,676 $12,007,343 $11,552,676''"v;
of per: $12,007,343
East Kootenay Power Co.,
„
-•
,
period ended 8eptk.
months'
three
for
$66,000
$2,027,469
450,012
112,503
112,503
paid
income
$1,996,696
450,012
$575,680
~
"Revised.—V.
779,666
and a special cash payment of $6'
1 Wall Street, New York, N. Y,, will
stock
preferred
The Irving Trust Co.,
exchange of certificates and the special cash payment for
the corporation.,,
The regular quarterly dividend at the annual rate of 5%
on the
preferred stock-will be payable Jan, 1, 1944, to holders of record
Dec.
27, 1942.
Quarterly dividends payable thereafter on the pre--
.
$2,807,134
4%
of
share.
effect
"$19,506,234 $19,531,785 $22,325,736 $22,136,005
Divs. on -5'/o 1st pfd. Vtlc/'
1,031,250
1,031,250
1,375,000
1,375,000
Divs. on common stock-'
6,458,484
6,135,559
8,934,236
8,396,029
Miscell. deductions--—"
9.157
812,300
9,157
812,300
Earn, surpl, end
shares
per
Tot^l
6,119
$2,783,468
I' 786,773
191,748
chgs—_
surplus
of
1
,502,200
'
2,642,909
$8,091,987 $10,773,060 $10,820,606
11,439 J98 "11,552,676
11,315,399
$7,795,000
11,711,234
—
Previous earned
$2,801,015
8,694
"
$767,423
217,889
/
income
Balance
725
2,534
$13,463,615
———'$10,143,590 $10,115,529 $13,851,144
•
2,348,590 > 2,023,542
3,078,084
income
income
Net
,798,222
$2,775,374
$766,703.
$457,786
;A———'
dividends
384,460
399,190'
_
income
370,243.
599,000
revenue
amcriz.
&
,
228,000
taxes
—
income
Gross
Int.
541,897
taxes—f-
prof,
exc.
•George W. Johnson, President, on Dec, 15 announced that the plain
reducing the annual charge for dividends on the corporation's
preferred stock has been approved by the stockholders and has become'
effective.
Accordingly, the 5% preferred stock has become 4% pre¬
ferred stock, ^nd each holder of 5%
preferred stock upon surrender'
of his certificates is entitled to receive certificates for a like number
$10,060,907 $10,033,397 $13,737,533 $13,279,002
'
82,683
82,132
113,611
184,513
income
Gross
1,764,822
212,779
Federal
Share to 5% Preferred
the Exchange—•
Stockholders Making
686,775
Totah income deductions
739,541
2,029,725
——
3,,839,625 '
4,226,250
657,614
157, p. 2448.
and taxes.—V.
Ratified—Cash Payment of $6 per
2.,631,075
'
$3,914,521 $20,074,418 $17 659,613
$4,468,377
i
Maintenance
Federal
1943—12 Mos.- ^1942
1943—3 Mos—1942
30—
revenues
5,242,346
Endicott Johnson Corp.—Change in Preferred—Stock
</
690
691
2,655,670
2,793,750
525,000
482,614
revenue—,
oper.
Other
Dayton Power & Light Co.—EarningsPeriod End. Sept,
518
1,959,640
3,295,000
$70,110,140
8,329,994
_
3,,990,908
518
2,013,245
•
$74,404,796
—
;
_
—
all charges
"After
2,,256,570
1942
1943
—
—
income
for
-Net'
Gross
2,231,115
4,269,0.95
revenue
''Net
,
s
income taxes—,
State
1,674,957
2,985,200
——1,718,280
' 3,217,803
acquisition ' adjust,.—
'Taxes, other than inc.iFederal income taxes
'
holders
made .on
were
$32,178,035 $29,852,006 $42,890,950 $39:
'11,389,668
9,879,544 14,912,982 13.,224,426
expenses
Approp. for retire. res._
Amortiz. of utility plant
of record Dec. 16.
Distributions
1, July 1 and Oct. 1, last.
Payments in 1942 were as follows: April 1, July 1 and Oct, 1, 25 cents
each; and Dec. 29, $1.—V. 157, p. 815.
stock,
of ,25
9 Months Ended Sept. 30—
Gross
,909,071
revenues-.,—
Maintenance
Inc.—-$1.25 Dividend—
share has been declared on the common
Davenport Hosiery Mills,
'
1943—12 Mos.-—'*1942
1943—9 Mos.~"1942
Period Ended Sept. 30—
.
Empire Gas and Fuel Co. (& Subs.)—Earnings—
Co.—Statement of Income-
Duquesne Light
certificates which may
deposit receipts for bonds in
to. holders of
issuable
agreements among these companies dated Sept.
with
2467
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4239
/
Federal Mogul
9 Mos. Ended Sept.
■""Net
income
tEams.
per
com.
share
1942.
-
1943
$815,800
$2.92
1942
$516,081
$1.84
1941
1940
$496,994
$467,968
$1.77
$1.67
Canadian and Federal income and excess profits
Federal taxes amounted to $2,490,000 in 1943 and $2,200,000 ill
tOn 279,491 shares of $5 par common stock.—V. 158, pi 2361.
"After depreciation,
taxes.
Corp.—Earnings—
30-G
THE COMMERCIAL & FINANCIAL CHRONICLE
2468
Ferro Enamel Corp.
•Net
stock
common
1942
1941
1940
t$lll,616
$450,539
$319,042
233,056
233,056
233,056
233,160
—
$1.65
t$0.48
$1.93
$1.37
151
After depreciation,
interest, Federal income taxes, etc., and after
adding back to earning reserve for contingencies created in first six
month3 of 1943.
(Revised.—V. 158, p. 1936.
Earning'}
share
per
Firestone Tire & Rubber Co.—New
Preferred Author-
Operating
(& Subs.)-
$810,854
revenues
$6,026,056; property accounts
-Earnings—
114),
MosA-1942
$8,787,361
$5,951,626
1943—12
194?—Month—1942
Period Ended Oct. 31—
1943
30—
profit
Shares
Galveston-Houston Co.
(& Subs.)—Earnings-r$384,188
9 Mos. Ended Sept.
$633,239;
.
334,038
Fed.
inc.
taxes
Other
&
3,832,031
68,240
1,004,266
2,795,151
,711,654
67,980
1,741,675
518,460
846,436
633,328
$1,293,030
J—
—
186,400
.
Operating
57,177'
73,5^7
—
income
$124,588
$123,800
$1,362,951
1,050
272
6,330
of
issue
an
at
stockholders
stock.
of new preferred
$60,000,000
15 authorized
Akron Dec.
meeting in
special
a
approved
also
Depreciation
$124,073
$1,369,281
44,757
40,746
526,679
10,062
12,524
136,967
$1,291,474
416,740
173,826
$70,802
$705,634
$700,907
219,056
175,245
—
-
income
Net
Dividends
declared
Comparative
'
profits
326,000
1——;
credit)—,
war
408,707
$565,699
25,959
$223,270
24,253
$228,501
$199,017
v..;. 2
17,418
$181,599
219,056
175,245
"
818,568
818,568
$0.69
$0.72
operating
income
Other
deductions
Net
-
—
income
Dividends
—<——
declared
—V.
p.
158,
on
stock J.
common
Net
.
shares
share
Per
—V.
r—1—
outstanding-—-/—-—.i-i,—, common stock
—;
profit
on
Mr.
.
Months Ended Sept.'30—
1943
1942
profit after all charges & taxes •$3,065,747 *$2,403,551
per common share
■
$2.49
/
$2.31
sales
■
-
$7,993,067
—
—,
•Profit
915,976
'+
eign taxes
Net
t$874,080
$424,575
($394,151
-------
share$0.50
$0.53
$1.04
After depreciation, etc.
tAfter deducting $50,000 for 12
$150,000 for 40 weeks for post-war contingencies.
com.
per
3,078,878
1,029,597-1,362,205
521,825
,—
profit
Earns,
.
♦
$1,115,906
$1.37
weeks and
against $31,592,221.
The provision for Federal, State
taxes, amounted to $1,875,100 for the 52-week period as
compared with $3,667,051 a year earlier.—V. 158,-p. 2361.
$31,660,436,
and foreign
Florence Stove Co.—Earnings—
—...——,—
"Net
profit
603,781
345,341
$1.82
—
shares
common share..—__
Outstanding common
Earnings per
charges and
all
•After
assets
Current
30,
....
244,674
37,864
85,501
74,940
175,000
175,000
Prop, retire, reserve..—
Net
1,965,934
970,376
2,552,683
954,728
$665,384
$6,532,327
$5,946,720
1,970
2,724
7,187
38,205
lease
229
—1
(net)--—
income
for Federal income
1943
stock.—V.
and
158,
1919.
1941
_——
$505,693
$668,108
$6,539,514
$5,985,154
charges—-.
354,983
355,857
4,276,459
4,235,208
income
Gross
29
issued
$2,263,055
$1,749,946
applicable to preferred stocks—1,153,008
Dividends
$312,251
load
sales
ment
Old
to
the
which
letter's
Colony
in
company,
shares
with
of
Trust
General
Will
shareholders.',
•
and
Old
ing
amended
company's
on
Under
the
plan,
/.,
American Power & Light
financing
Florida,
plan.
subsidiary of
a
would issue $45,000,000 first mortgage bonds, $10,000,000 of sink¬
ing fund debentures and $5,000,000 in serial notes.—V. 158, p. 1857.
Co.,
(Peter) Fox Brewing Co.—Oil Royalties Dividend—
The directors
interest
field
certain
in
and
oil
Oklahoma
and
13 declared
Dec.
on
leases
gas
Counties,
dividend of
a
Okia.,
owned
by
an
the
overriding royalty
in
company
Gar¬
stockholders of record Dec. 22.
to
dividend
consists of one-eighth overriding royalty interest in
3.000 acres of leasehold property which the company
has
acquired.
These gas and oil leases are now of unproved and
doubtful value and are entirely separate from
others owned by the
The
approximately
which
upon
company
oil
has
been
it
found,
was
stated.
One-eighth interest in the oil or gas leaseholds will go to the land¬
and the remaining six-eighths will be the "working interests"
holder
which
the
Each
royalty
dend
each
for
will
will
share
of
not
be
Dec.
15,
this
cents
per
share in
25
maintain;
; • V
1/125,000th interest
receive
year,
the overriding
in
stock
held.
The
company
for
income
tax
purposes.
included
need
On
of
company
shareholder
states
divi¬
the
.
the company paid an extra cash dividend
addition to the usual quarterly cash dividend
of like amount.—V. 156, pp. 2331, 2252.
'
Fruehauf Trailer Co.
from the-
9 Months Ended
Sept. 30—
1943
inc.
Federal
Net
&
excess
profits
taxes
Capital
as
.>/
liquidating' dividend
a-
<
■
to;
profit
Common
Earnings
$1,146,091
$1,027,022
outstanding—.
398,652
398,667
$1,722,176
395,505
share—.
$2.57
$2.25
$4.15
shares
per
•After depreciation,
interest, etc.
Gabriel Co.—Earnings—
„
.
•Net
Ended
per
common
of
Manager
first
more
engine
was
involved: the
than
300
said.
completed
He
just
production
of
non-duplicated
/•'
2361.
158, p.
P&W
record
20
two
parts,—
/.
Railway Signal Co.—Earnings—
/
/ Earnings for Nine Months Ended Sept. 30, 1913
profit, after all charges, and Fed;.- taxes*.A--—-_A—i-
c
Net
■
tEarnings
(On
•
common
per
321,000
shares of common
stock.—V.
158,
p.
2362.
.
.
.
$1.70'
;
General Time Instruments Corp.
.
.
$634,785
s
•'
-.
.
>
(& Subs.)—Earnings
16 Wks. End. 17Wks. End.—16 Wksl End.
Period Ended—
Net
Oct. 9, '43
Oct; 10, '42
Oct. 4, '41
—-
$6,546,713
$4,875,753
exps,_'_
5,596,076
4,502,756
$4,842,001
4,021.090
$950,638
$372,997
$820,911
$724,012
Dr3,876
5,386
15,939
3,419
$727,431
sales'
Oper.
costs
Net
&
income_//_
oper.
Other income
(net),—
Oct. 5, '40
$4,432,455
3,708,443
Consol.
income
Z/'.
',/<.
$946,762
$378,383
$836,850
taxes.-
*544,236
•59,830
428,304
contlngencies-
50,481
Consol. net income-—
$352,045
adian
.
Earnings
income
income
and
taxes
tRevised.—V.
cies.
excess
in
1942.
158,
translation
*
,•
/
V
•
'
the
to
1943
;
.
approximately
pericd.—V.
sound
per
and
for Nine Months
all charges & taxes
*/
—V.
;
On
.
Nov.
'
17,
—
81,
1943
*$1,329,398
$2.34
(On 526,862 shares
—Jan. 1 to Dec. 7—
1943
1942
158,
1942
$35,260 " $1,900,997
$43,824
$1,665,803
—Jan. 1 to Noy,
1943
1942
1943
$47,825
revenue
30—
1942
$1,630,543
$1,863,047
2252.
p.
Goebel
Brewing Co.—Earnings-
Period Ended Sept. 30—
1943—9 Mos.—1942
1943—3 Mos.—1942
$233,574
$703,945
154,700
93,800
299,200
216.800
$193,034
1,384,000
$139,774
1,379,750
$0.10
$404,745
1,384,000
$0.29
$311,558
1,379,750
$0.23
$347,734
Federal
income
taxes__
Net
outstdg.._.
Com.
$528,358
.
-
•
shrs.
Earns,
shrs;_
com.
per
♦After depreciation
v
$0.14
.
but before Federal income taxes,—V. 158, p. 1034.
Goodyear Tire & Rubber Co. of Canada, Ltd.—Extra
Distribution of $1 Per Share—
The
•
directors
have declared
an
of $1 per share
ektra dividend
and
regular quarterly dividend of 63 cents per share on the common
stoclc, no par value, both payable Dec. 31 to holders of record Dec., 15.
A similar extra distribution was made on Oct. 1, last, while on Jan. 2,
the
and Dec.
disbursed.—V. 158, p. 1034.
31, 1942, extras of $2.50 each were
Graham-Paige Motors Corp. (& Subs.) —Earnings—
;
of 35,000/
notice of
all of the
with the business...and. good-will of;
total number- of shares to be listed
1943—3 Mos.-^1942
1943—9 Mos.—1942
($361,424
$467,541 ($1,007,434 $1,412,288
4,305,231
4,305,231
4,905,231
4,305,231
pr6fit-___^_^___--
Common
(Earns,
shrs.
per
outstdg.^
com.
*
$0.08
share
$0.32,
$0.23
$0.11
♦After
depreciation; Federal income and excess profits, taxes and
•other/charges,/-Federal""tax; deductions for the 9 months of 1943
amounted' to ,$1,035,500.
(Computed on basis of preferred dividend re-%
quirements for the'specific periods.
(Subject to renegotiation.—V., 158,
p. 671.
'
/;
■ w//
..■/_■
j
..
,
;
1943, directors authorized the issuance
profit
Period'Ended Eept. 30—
Stock—
of common stock (no par)-upon official
connection with the> acquisition ■ of substantially,
properties and assets together
Jersey Cereal Co., making the
5,590,774.
Aug.
-Week End. Dec. 7—
•Profit
explained.—V. 158, p.-23S1.
Stock Exchange has authorized'the. listing
York
Ended
•
shares
in
-i
•/...
t
contingencies.
$37,950
Period—
on
Dr. Bachman
New
income
158, p. 2362.
revenues
Operating
laboratories and colleges in various parts of the
additional
%'•
..y-.
.
-Week Ended Nov. 30—
capable of producing images 10,000 times the size of the specimen,
are
approximately ten times more powerful that the- best light
issuance
after
rates of exchange,
consolidated
total jnet
1034.
1943
country; to
the use of the simplified units in various fields,
it was announced by D. C. H. Bachman on Dec. 4.
The General Electric
design/is unique in that it employs electro¬
static lens which do not require accurate voltage regulation, the an¬
nouncement says.
Component parts of the microscope are the same
as those announced
a year 'Ago when General Electric demonstrated a"
"war model" of the microscope at the National Chemical. Exposition
in Chicago.
The new instruments, however, are now "housed" in a
desk design for convenience of operation.
The G.
E. microscopes,
which operate on ordinary house' current,
are
$1.04
common
stock.—V.
common
Operating
;>■•/ /;,',
The company is now producing a small quantity of simplified elec¬
tron microscopes which will soon be shipped on high priority orders to
experience
$395,926
■
design
Producing Electron Microscopes—
obtain
the
Earnings
Committee—
and practices for use
industrial
$1.25
Georgia & Florida RR.—Earnings-
;
engineering and manufacturing stand¬
throughout the company. ,
:
American Standards approved by ASA and other nationally accepted
standards developed by the AIEE, ASTM, and SAE will continue to
be utilized without change in so far as they are applicable.
of
p.
•*;.
.
profits after
(Earnings
of
pohcy committee, headed by L. F. Adams, Manager of
Standards Division, has been appointed by W. R. Burrows, Vice-
ards
of
♦Also after reserve of $300,000 for
standard's
maintenance
9%
158,
■■
V
Net
contingen¬
charge of general manufacturing matters, and R. C. Muir,
Vice-President
in
charge of general engineering matters, it is an¬
nounced.
The committee will be responsible for the development and
';-
General Tire & Rubber Co.—Earnings—
/
Period-
A
$408,546
$0.59
,
United States dollars at appropriate
into
amounted
contingencies in 1943 and $1,334,626
profits taxes in 1943 and $657,300 for
The 1942 earnings are not subject to
2252.'
p.
331,505
'■//.•——//.
$318,554
$0.84
sh—
com.
//TJ—...
.
.//,L
taxes and no provision was made for
per
Can-
&
.-•Includes provision for Federal excess profits taxes.
Note—Net income of the Canad.an subsidiaries consolidated,
Wholly-owned Subsidiary,
Federal
—
Fed.
income
for
Res.
for
for
taxes
for
Prov.
-
Federal
bef.'
income
net
.
^
of 35,000 shares;
with the acquisition of substantially, all, ■
Granby Consolidated Mining, Smelting & Power Co.,
of the properties, assets and business of Jersey, subject, to;Jts liabilities
Ltd.--—Earnings—
' /n.and obligations,
pursuant to an agreement between Jersey, T-. group ;
Quarter Ended Sept. 30—
" 1943
1942
y
.1941
;
of Jersey's stockholders owning or-controlling-some 72% of its issued
••Net profit.
rr—-r---';.', • $23,363, /
$45,463 '
$153,019
and
outstanding capital stock,and the corporation,;.dated Nov,;15, ^
(Earnings per corqmon 'sharc.-—/'r-$0.05
' / $0,10
$0.34'.
1943.
The
agreement provides that as early as. may be ,after the
•After depletion, depreciation and reserves for income and all other
closing date (Dec. 29, 1943, unless advanced) /the 35,000 shares of
taxeSi/tOn 450,260 shares of capital stock.—V. 158, p. 577.
/ *«'( *
stock of the corporation to be received by Jersey in exchange for its
properties, assets and business, shall be. distributed to its stockholders
as
a
liquidating dividend on the basis of 1% shares of common stock • »
i Gray, Manufacturing Co.—Earnings—"• 1 ■•>>"■>< -"'■'■ -fj';
for each share of the capital stock oh Jersey held by. each- stockholder,
f Period Ended Sept. 39—
" 1943—3 Mos.—1942
1943—9 Mos.—1942 ,
and
that Jersey shall be
dissolved; The- agreement/further provides V,
•(Operating profit—AU "
$375,066 Z" $222,014 $1,138,763
$357,326 ;
that
the
proposed exchange and transfer shall'be consented to by
♦Before renegotiation and taxes,—V. 158, p. 577.
' ,".'/ *
stockholders of Jersey holding of record as mpch as 72% of its issued
and
outstanding capital stock at..a stockholdei-s--meeting called for
/•
Great Northern Paper Co. (& Subs.)—Earnings—
that purpose and held Dec. 21, 1943, or on such other date as may
be agreed upon.
;
■
. .
"9'Months Ended Sept. 30— ' •
• 1943— - ' 1942
.
•
1941
,
•Profit before
taxes
$1,999,085 $2,263,496 $2,938,136
Consolidated Balance Sheet—Sept.' SO 1943 •
•
Federal income
taxes
798,500
904,153
1,060,000
(General Foods Corp. and wholly owned subs, in U. S. and Canada)
;
of
common
stock in connection
.
.
,•
-,,
,
.
>
.
share
30—
'——/__
profit
Earnings
(Revised,—V. 158, p, 670.
Sept.
Months
Nine
2,438,575
General
2191,
p.
'
y////"%■•'
General Cigar Co. of Cuba, Ltd.)
•
9 Months Ended Sept. 30—
1943
(1942
1941
♦Net prof. aft. chgs; & Fed. taxes.
$962,681
$998,109 $1,018,836
Earnings per common share
$1.48
$1,55
$1.60
The
2,219,838
and
bombers and cargo planes, Mr. Coyle
Chevrolet's
The November
engine models with
: General
General Cigar Co., Inc.—Earnings—
(Inch
1941
4,549,079
Vice-President
subsidiary.—'V, 158,
a
Corp.—Chevrolet Makes New Record
that
V.
another registered invest-:
of reorganization under
Corp.- received by Old Colony
General Foods Corp.—Listing of Additional
1942
formerly
was
ago.
different
Colony propose-to effectuate a
1936.
microscope,
$44,716,739 ($24,673,202 $24,605,205
5,695,170
3,246,860
4,210,751
•Profit
Corp.
engines for
stated
months
appears
p.
(& Subs.)— Earnings—
Sales
.
Co., Inc.
all-time high record for aircraft engine production was estab¬
November when the Chevrolet Motor Division turned out the
new
•Net
■
Inc.,
,
single month's production ever attained by any producer in
engine field, it was announced on Dec. 6 by M. E. Coyle,
Manager and Vice President of General Motors Corp.
new
high mark was set in the production of 1200-horsepower
President in
Dec. 21for a hear¬
Foods
14-cylinder
that the consent „of shareholders to such termination and
liquidation of the trust is not required by the trust, Instrument^ but
notice of the proposed -transactions will be given to them.-r-V.
158,
It
the
Hearing Dec. 21—
The Securities and Exchange Commission has set
of
been
plan
a
distributed
be
•
announced
director
..
$596,938
$1,110,047
'•
■"
also
plan .of reorganiza-^"
tion which will result in a merger of Old Colony intq General. ( Under
the terms of the proposed plan of reorganization, Old Colony is .to
redeem all its outstanding $782,000 debentures on Dec. 15, 1943, and is
to pay or provide for 'the payment or satisfaction in full of'all..its.
debts, obligations and liabilities other than obligations, to its . share-;
holders as
such.
Thereafter, all, of Old Colony's remaining assets
(except a cash reserve) is proposed to be transferred to General in
exchange for shares of common stock of General which, taken at net
asset value, will equal the market value of the assets transferred.
Old
Colony will then distribute the stock of General to its shareholders.
Payments in lieu of fractional shares will be .made from the cash
reserve to be retained by Old Colony.
,.
■./"/ ■/.;
,//
Under
(he terms of the plan, the trustees of Old Colony will
terminate the trust prior, to the transfer of assets.
The Declaration
of Trust specificially provides that upon termination of the trust, the
trustees may convey the trust property to new trustees or to a cor¬
poration and may distribute the net proceeds in kind at valuations
fixed by the trustees among the shareholders ratably or may in their
discretion turn such proceeds received into money for the purpose of
such distribution, or may distribute part in kind and part in money.
General
13
company's
Chevrolet General
Investment Trust,
connection
Dec.
on
aircraft
the
Granted—
General Electric Co.—Standards Policy
Balance
Executive Vice-President,
Nelson Williams as the
in
1,153,008
$150,705
income
J.
largest
amounted
' //;/■,•■•
•
order-exempting corporation
an
shs.),
lished
provisions of section 22-(d) of the Investment Company Act, to permit'
the sale of its shares at net asset value without the imposition of a
Federal excess profits
Net
of
General Motors
A
$3,17
•After deduction of $234,400 for
Interest
-v
Warren
The
Nov.
$32,-
(15,311
'.'.Howard P. Warren has been elected President of Minute Tapioca Co.,
Inc., it was announced on Dec. 8 by Austin S. Igleheart, President of
(On 1,040,964 shares of
: "
1942.
.
surplus,
'
New President of Minute Tapioca
$3,304,683
and excess profits taxes
$4,119,500 in
2361.
p.
General Capital Corp.—Exemption
2,100,000 / 2,066,666
$503,723
revenues—
of plant
oper.
for
(net.)
Other
$1,360,911 $19,258,113 $17,569,959
483,451
7,118,375
6,620,263
taxes..,...——
Other taxes
Rent
1636.
1943—12 Mos.—1942
$1,643,909
635,011
revenues-u_
expenses
and
Co.—Earnings—
1943—Month—1942
Period Ended Oct. 31—
Operating
and
1943, amounted to $7,369,956
comparing with $6,043,470
$2,772,980,
were
Florida Power & Light
Operating
$2.82
$1.89
respectively, on Sept. 30, 1942.—V. 158, p.
$1,769,648,
Federal
.
$9,641,883 $14,361,881
652,304
972,728
345,341
344,137
taxes.
Sept.
of
as
liabilities
current
1941
1942
1943
$10,340,031
Sept. 30—
9 Months Ended
in
$6,994,600
capital
Investment
profit for the 52 weeks ended Oct. 9/ 1943, was $1,485,328 after
provision of $150,000 for post-war contingencies, or $1.84 a share on
common, comparing with $1,463,532, or $1.80 a common share for the
52
weeks
ended Oct. 10, 1942.
Net sales for the 52 weeks totaled
Net
Sales
to
The SEC ,on
for-
State and
Federal,
Oct. 9, '43 Oct. 10, '42
$8,439,149 $23,368,013 $24,714,530
1,454,172
2,236,285
4,194,784
Oct. TO, '42
Oct. 9, '43
PeriodNet
•The deduction
-—40 Weeks Ended—
—-12 Weeks Ended
earned
treasury
Corp.—Earnings—\ '
Nine
Subs.)—Earnings—
in
formerly was eastern purchasing agent. He has
Foods or its parent organization, the Postum Co.,
General
General
(■Earnings
Flintkote Co. (&
held
Williams
since
2045.
General American Transportation
$2,350,224;
and
Purchasing—
Metcalf,
the Minute Tapioca Co.,
Net
1531.
158, p.
W.
surplus,
reacquired
$139,990,023.
appointment
Mr.
Common
total,
purchasing.
$591,177
(less post¬
at 90%
tax
Net
326,980
241,860
at 40%,—l—----
taxes
excess
1942
$254,460
_
stock
common
Charles
the
1943
.
.
capital
$53,835,850;
Director of
Only)
Company
(Parent
•
expenses
1942
$1,576,077
250,194
326,000
J—-■—
income
nublic),
399.985;
Dr$725,390;
with
1943
$1,460,540
,'V
profit—.,
Federal
income
Total
Inc.—Earnings
First National Stores,
Quarter Ended Oct. 2—
Federal
Statement
$228,499
Total
Depreciation
Income
12 Months Ended Oct. 31—
taxes
Treasury
and surplus, 150,000 shares $4.50 cumulative preferred stock (no par),
$15,000,000; common stock (5,555,774 shares no par, inch 85,778 shares
held
by subsidiary for conversion of its Class A stock'in hands of
a
outstanding.—V. 15-, p. 2191.
Net
_/.
deductions
Income
change in par value of the company s
common
stock from $10 to $25 a share.
When market conditions are suitable, the company plans to issue a
sufficient amount of this new stock, which is to have a dividend rate
not
exceeding 4/2 %, to redeem the $45,000,000 6%
preferred stock
Stockholders
'
income
taxes, $1,441,988;
Federal and foreign income and excess
(after deducting $6,555,000 of U. S. Government Tax
Notes), $18,185,774; reserve for contingencies, $5,044%884; deferred credit arising from requisitioning of assets/less Federal
tax thereon, $721,825; other deferred credits, $1,355,362; capital stock
profits
ized—
Gross
reserve for depreciation of $32,667.patents and good-will, $1; deferred
total, $139,990,023.
dividends payable, $168,750; foreign .drafts dis¬
accounts payable, $7,574,458; accrued expenses, $2.wages, etc., payable and accrued, $512,937;
accrued
$34,671;
miscellaneous
Drl,556
$125,638
—
net—
(less
marks,
$2,570,547;
Liabilities—Preferred
088,705;. salaries,
Series
$70,819
income,
trade
to operations,
counted,
profits
exc.
taxes
Other
316,041
92,301
Operation
Maintenance
$32,104,927;
charges
'
The
Monday, December 20, 1943
1943
tl942
$115,296
—
/
$118,641
$0.44
$0.45
♦After
depreciation, reserve for contingon ies, renegotiation of con¬
tracts, and provision for Federal income taxes amounting to $136 925
fn 1943 and $211,984 in 1942.
(Revised.—V. 158, p. 1)31;
.
,
Gaylord Container Corp.
Period End. Sept. 30—
•Profit
Prov
Earns,
Sub.)- -Earnings—
1943—3 Mos.—1942
1943—9 Mos.—1942
$890,370
for
income
Net
(&
Fed.
&
taxes
coin,
$2,160,395
187,000
1,385,000
$277,870
profit
per
$487,476
612,500
$300,476
$775,395
$843,988
$0.39
$0.44
$1.07
$1.19
$3,169,588,
State
(est,)—
share.
♦After
deducting
depreciation,
charges, etc.—V. 158, p. 2252.
depletion,
2,325,600
-———
S. and Canadian Goverment securities
at cost which is not in excess of market, less $6,555,000 applied inreduction
of Federal
tax liability,
$10,684,895;
accounts and notes
receivable
(less reserve for discounts'and for dobutful accounts and";
Assets—Cash,
amortization,
interest
,
notes
of
$10,121,646;
$265,608),
U.
$13,918,803;
inventories,
$64,563,148;
other assets,"
Net
profit
(Earnings
;
•After
per
common
$1,200,585
share—$1120
depletion,- depreciation,; etc.
stock:.—V.. 158,
p.
1347,
'
(On
$1,359,343
$1.36'
997,480
$1,878,136
$1.88.
shares of
capital
Volume
Corp.—$2
Greif Bros. Cooperage
on
V.
Dec.
on
1132. ■'
158, p.
'
declared
13
profit
Earns,
'
1943 .
Net sales
$2,950,043
Net income after charges and taxes
173,824
Earnings per common shard-—-,;-,. ■/
•
$0.83
'
—v.
158,
The
$0.03
York, N, Y„
100 Broadway, New
trustee,
Co.,
Trust
York
New
until
2
ice, insecticides and vinegar.
The property includes the distillery on a 215-acre tract of land in a
suburb of Buenos Aires,' along with a sizable warehouse in the city,
alcohol, edible oils, carbonic acid gas, dry
p.m.
for
facilities
with
Haloid Co.—Earnings—
June 30—
6 Months Ended
1942
$272,979
92,614
*140,892
120,111
$0.65
*$0.99
$0.85
'■>
$305,167
profit after all charges and
Federal and State taxes——
Net
share—
"Revised.—V.. 157, p. 2250.
'
Earnings per common
revenues
Total
(net)
income
Net
$606,824
533,914
91,870
591,766
66,911
—'
-
$46,796
'
t$32,022
Net
.
r
.
charges.—----—
after
Net
-r
refund on govt, contracts
Estimated
1943
:/'
701,017
~
:/
,
•
—-
820,800
695,467
V
Federal,income tax—
1942
;
$4,272,488
1,025,944
$8,401,054
1,634,195
profit"$237,'711
share on 333,000 com.
Earn, per
shares
$205,144
$0.62
$0.71
:
The balance sheet as of Oct.
31, 1943, showed current assets of
$'11,203,861 compared with $4,959,158 a year earlier and current liabil¬
ities
were
$10,396,381
compared with $3,203,103.
Current assets
included $2,092,114 cash in banks and $3,851,241 United States Govern¬
ment securities
against, $192,963 and $804,951, respectively, a year
earlier.' Tne profit and
loss surplus on Oct. 31 last was $1,444,103
compared with $1,283,470 a year ago.—V. 158, p. 2046.
income
.
income after charges
Net
Corp.—Earnings—
$470,501
$347,329
and taxes
"Earnings per common share——
$4,07
"On 85,440 shares of common stock.—V. 157, p.
Hecla Mining
paid
been
p.
,■
.
$5.79
,
—.
$2,384,714
$1,292,104
.
137,364
1—
.
share
//./'.v;
taxes
profit after
Charges •_
banks, accounts receivable, inventories
Cash in
1940
stock.—V, 158,
mon
233,193
16,811,083
64,284
accounts
—
.,
sales
Cost
'*'•
1941
$5,870,072
incl.
selling,
1943
$6,611,667
1942
$6,415,331
4,440,803
377,799
3,971,611
387,226
$2,056,494
83,333
$626,293
income
$1,841,141 $2,139,827
66,388 ..//. 68,066
Total income ;
•
—
Discts., prov. Tor
doubtful accts., &c.
9,285,945
Federal normal income tax..,.
—
502,000
State income taxes———33,347
Foreign income taxes——.——.
24,430
profits taxes,—I—--
Federal excess
Additional pay. for
Net
profit
prior years taxes
—
Dividends on common
"Earnings per share
in above:
Reflected
-V.
125,954
1,212
■ ——l6-30"
;■
§Loss.
890.
p.
Balance
Consolidated
$2.11
securities
of Pennsyl.
Comwth.
.
259,626
—
49,386
172,562
§2,579
Sheet,
Sept. 30
for
reserve
contingencies,
$5,965,303
$6,509,786
stock ($1 par)
;
Accounts payable —.—....——,—
$417,120
210,125
$417,120
commissions, etc._
52,736
life insurance——_
—
1941
$2,443,404
1,409,457
______
'
423,769
1,119,118
301,800
11,032
1
130,882
Merchandise inventory
executive
its
of
,
50,535
449,711
812,135
284,513
21,663
1
154,971
tool
$900,000
$763,268
$0.48
$0.20
depreciation, interest, reserve for contingencies,
Federal taxes, etc./ /;/;
.
months ended Sept. 30, 1943, is subject
deducting $1,766,027 for Federal taxes,
for losses in tool accounts and $1,^64,500 for con¬
net profit is after providing $820,000 for Federal
profit for the 9
The
:
158,
is. after
and
reserve
tingencies.
for
accounts,
renegotiation
..taxes.—V.
1732..:
p.
Accrued
Loans
salaries,
on
77,262
191,267
49,568
271,832
127,403
449,230
69,912
2,157,794
2,157,794
sugars™———^
instalment sales
Reserve for U. S., etc., taxes.
Deposits on bottles, coolers, etc
"
Capital surplus —
—
Deferred income on
Earned surplus
55,069
47,373
V
,
Earnings,
"Net-income
"After
taxes
after
deduction
Months
Three
of
$61,000
158,
Ended
Sept.
30,
1943
oper.
for
revenues
expenses
Net
-
16,808
Federal
and
income
excess
$0,709,695.$99,371,859 $91,501,643
23,075
157,697
242,317
6,585,001
1,977,088
1,611,751
18,778,967
.
^$1,301,573
1,019,983
..
•
V.-'/,
$9,686,620 $99,214,162
Fed.
, -
^
.
Net
42,901
673.
$1,818,934
$1,707,650
1,800
1,665
$178,962
$174,505
$1,817,134
$1,705,985
100,803
97,863
1,018,557
968,213
65
50
942
552
Operating taxes-—-63,813
47,496
419,615
355,773
$14,281
$29,096
$378,020
$381,447
443
17,886
237,450
248,922
rev.
170,232 1
f 173,723
65,222
2,947,825
2,775,660
$6,509,786
$5,626,391
for depreciation of $2,212,282 in
1941,
in 1942 and $2,428,983 in 1943.
tAfter deducting
Treasury
notes, tax series B. in the amount of $201,200 in
$556,228 in 1942 and $951,734 in 1943.—V. 158, p. 1347.
U. S.
1941,
"After
deducting
allowance
$2,428,365
of
oper,
..
■
______________
oper.
income....
income
Net
—V.
158, p. 2046.
'
Insuranshares
2,230,738
$5,965,303
__
expenses/.__
lease
extra
dividend
stock,
of
both
semi-annual
30,
p.
1943,
1533.
.
"
Certificates, Inc.—Extra Dividend—
dividend of 2y2
10
cents
payable
per
Dec.
distributions
and
on
June 26
$442,440
$3.89
819,800
cents per share and the usual
share
28
of
to
10
been declared on
holders of record Dec.
have
cents
and Dec. 24,
per
share
1942,
\
(par $100).—V. 158,
V
1943—9 Mos.—1942
$1,421,273 $1,285,972
$2.20
$1.97
"After charges,
Federal taxes and reserve for contingencies.
tOn
593,865 shares of common stock.—V. 158, p. 673.
1943—3 Mos.—194'2
Sept. 30—
com/ share
per
$468,997
$0.73
$520,359
$0.81
profit
Inc.—Announces Last Quarter Di¬
■"'//■//'
Mutual,
Investors
vidend of 25 cents—
board
The
of this open
directors
of
end investment company of the
type, has declared a last quarter dividend of
payable on Dec.- 27 to holders of record Dec. 17.
E. E. Crabb, Chairman/stated:
"This final year-end dividend brings;
the total distribution to shareholders for the year 1943 to 85 centsdividends for previous
quarters having been distributed as follows;
quarter ending March 31, 1943, 10 cents per share; June 30, 1943, 25
cents per share; Sept. 30, 1943, 25 cents per share; Dec. 31, 1943, 25
cents per share.
//
:..v /
v
Investors
Syndicate is the principal underwriter and investment
manager for Investors Mutual, Inc.—V. 158,
p. 1859.
cents
management
per
share,
.
,
.
'
Jarvis Co.—Earnings—
B.)
(W.
1942
1843
$131,887
—-—$78,529
share—$0.26
$0.44
and Federal taxes (1943, $52,000; 1942,
also
charges
after
158,
contingencies
post-war
for
reserve
$100,COO).—V.
986.
p.
„
'
;
$340,000;
(1943,
.
1941
$161,297
$0.54
$205,000),
,
1942,
'
Sub.)—Earnings1942
1941
$13,472,285
sold------——10,164,500
$9,847,863
$6,806,976
7,029,411
4,453,688
770,016
143,940
818,762
623,134
122,477
100,194
$2,393,829
$1,877,214
Sept. 30—
less discounts—
sales,
of
Cost
goods
1943
—
Selling, gen. & admin, expenses—.
other than income taxes—
Taxes,
88,848
155,646
$1,629,959
112,539
$2,482,677
:——49,732
$2,032,859
$1,742,498
Operating profit
income —————
Other
————1--—V-
Interest expense
Federal
refund
308,800
tax——1,338,000
tax——
—————44,000
of
exc.
54.647
.22,252
1,106
capital assets;'etc.-—.
Loss on sale of
11,644
375,100
383,000
715,250
242,200
54,000
65,800
Cr25,800
Cr9,100
$767,945
profits tax
income
Net
—
—
"Earnings per common
$844,857
$1,017,602
$2.00
$2.20
$2.65
share——-
stock.
Note—Included in the 1943 statement of consolidated income are
charges aggregating $39,876 for depreciation of property, plant and
equipment, $75,350 for amortization of emergency facilities and $1,770
for
384,100 shares of common
amortization
of patents.
Consolidated Balance Sheet,
2,157,794
—
revenues
$250,655
$1.79
$394,615
$3.37
share...'....
1941
$1/262,240
>' '
'/■,
Post-war
170
oper.
;
Island Creek Coal Co.—Earnings—
Pennsylvania taxes
$174,675
Net
the
158,
1943—10 Mos.—1942
180
for
at
Y.—V.
$977,955
* 727,300
tOn 9H198 shares of common stock
Federal excess profits
/ $179,142
prop.
made
N.
1942
1943
exctfcs
&
profit
Normal
•
Co.—Earnings—
1943—Month—1942
revenues...^,
Uncollectible
Rent
be
'
taXes—$1,486,31.5
profits taxes—
1,091,700
before
inc.
16,184,443
$1,489,868 $12,051,638.$10,503,414
1,256,919
9,630,687
8,383,734
Indiana Associated Telephone
Period End. Oct. 31—
Operating
will
York,
Canadian Subsidiary)
Quarter Ended Sept. 30—
Profit
Gross
1943—10 Mos.—1942
7,064,689
____
income.™
158, p. 2046.
Operating
New
profits
$91,259,326
68,383,557
64,571,469
$10,343,350
__
income____
—V.
St.,
including Wholly-Owned
(Not
Profit
oper.
.
.
Joy Mfg. Co. (&
$10,360,158
rev._
Operating taxes________;
Net
Payment
int.
Wall
16
International Silver Co.—Earnings—
"After
$80,979
$0.05
1943—Month—1942
revenues
Operating
$417,120
278,660
——-
—
7-
and
.
Earnings per common
672.
p.
Period End. Oct. 31—
Uncollectible
Canadian
redemption as of Jan. 1, 1944 a total
sinking fund mtge, bonds, series A and B,
trustee,
Co.,
Quarter Ended Sept. 30—
earnings
ail
reserve.—V.
Operating
is
for
102 la
at
"Estimated
'charges and taxes
Earnings per common (1,655,291 shares)
An
Total
Trust
■:/;;/
Hupp Motor Car Corp.—Earnings—
$5,626,391
'
Liabilities—
Common
1947,
1,
2047.
p.
called
been
of 1st & ref. 5%
Jan.
due
"On
Total
have
of $95,000
25
1943—9 Mos.—1942
$1,364,101
$1,537,564
$0.86
$0.97
1943—3 Mos.—1942
share..;
com.
"After deduction
Note—The
firm
His
Bay
International Paper Co.—Bonds Called—
There
//!•../;/•'//
$319,068
profit
per
committees.
Hudson
,
Co.—Earnings—
Period Ended Sept. 30—
an
Harcourt,
&
company.
included:
directorships
diversified
losses
advisory
and
Nickel
the
for
tEarns.
income and excess profits
785,000 shares of no par class B
/./■//;,•
Hudson Motor Car
"Net
Hoskin
Mining & Smelting Co.,
the Royal Trust Co./ Canadian Ramapo Iron Works, Ltd.,
American
Bank Note Co., The Borden Co., Ltd., 'Churchill River Power Cj., Ltd.,
Canadian Niagara
Power Co,, Ltd., and Mclntyre Porcupine Mines,
Ltd.—V.
158, p. 2363.
Federal
tOn
interests.
minority
.;stock.—V. 158, p. 486.•
Operating
1942
$2,318,682
1,637,740
566,762
664,286
319,216
Other assets
—:
83,921
Patents and copyrights.
——_
1
Deferred charges ——107,590
receiv,
sh.^
per class B
and
Osier;
of
1942
1943—9 Mos.—1942
$1,537,529
$1,261,938
'
$1.54
$1.19
1943—3 Mos.—1942
$502,684
$439,601
$0.50
$0.42
profit
"After
the / firm
of
K.C.,
Osier,
barristers, died suddenly on Dec. 11, at Toronto, Ont., Canada.
"
Mr. Osier was a director of the Nickel company, as well as a member
$337,472
■
Houdaille-Hershey Corp. (& Subs.)—Earnings-
tEarns.
f 1,105,274
and
Internaticnal Nickel Co. of Canada, Ltd.—-Obituary—
Britton
Period End.
Period Ended Sept. 30—
243,602
l'/2%
notes
(less allowance)-—323,083
Cash value of
renegotiation,
p.
' 1943
$298,092
158, p. 2191./:,///
"Net
Year End.
$19/239,579 $18,035,493
$2',904,000 in
Years Ended
234,518
$2,123,257
1,754,819
589,131
assets
Cash
Marketable
''.i:/
Illinois Bell Telephone Co.—Earnings—
1943
./1,
"Permanent
Corp.—Earnings—
Sept. 30—
—v.
Operating
Assets—
Corp.—Earnings-
■
loss
to
158,
provision for taxes amounting to $3,046,000
1942.
tEffected to estimated refund from
tRevised.—V. 158, p. 2253.
+
charges
tEarnings per common
■'.it-
Hotel Waldorf-Astoria
.
'
Tex.—V.
11,162,813
all
,$20,484,292 $18,764,430
,-^fr
—:"r—-Yv
158,
47,500
7,004,078
■
stock, $1 par. fLess post-war credit
1942 and $52,570 in 1943. t-Less refund for prior year of
in
$6,800
$5,646..
Accts.
$879,335
625,680
'
;
-.
counties,
income
"Adjusted.
41,100
417,120 shares of common
"On
of
'•
32,000
——$797,845 f $1,080,602
stock—„—625,680 .
625,680
$1-99
$2.59
amort, of
leasehold improv. chgd. to mfg.
& other classes of expenditures
Consol. net profit of sub. cos.—_
'
.
&
deprec.
for
Prov,
—
308,000
452,000
t470,200
469,700
Madison
and
Sept. 30, '43 Oct. 31, '42
and
9,285,945
47,500
8,791,970
(paid
Capital surplus
.Earned surplus.
1,906
exchange adjustments.-...
Foreign
Grimes
in
—
1,842,558
$1,343,266
72,701
48,076
—;
abandonment by
branch line of ratroad extending north¬
—
1943
in
$584,348
1,732,584
Earns,
Operating profit
RR,—Abandonment—
certificate permitting
trustees of a
miles,
"After
property
obligations
Capital. stock'
:
Administrative & general expenses/.
Other
payable/ accrued
other. taxes—a_
$1,293,899
49,368
adv. /Ss
delivery expenses
a
^
accounts
Long-term
4,175,024
401,149
$1,793,065
.
;
■
sales,
of
$20,484,292 $18,764,430
T.
and
taxes
(& Subs.)— Earnings-
Ended Sept. 30—
Years
Net
sales
"Net
Co.
(Charles E.)
Hires
44.7
Bankers
/Total
'/•
y
issued
International Machine Tool
$1,655,869
*$319,870
;•
$0.94
t$0.15
,
receivable.^—92,038
Capital assets '
^
:
18,141,240
Prepaid and deferred charges
59,830
petroleum products, materials and supplies
in other companies,
special funds
and; deferred
;
2362.
Pi
'
$2,191,184
of
;
-
-
'/
income
Federal
and
State
27
Thompson,
mately
Investments
*$376,021
$457,833
$420,313
tEarnings per shared—
$1.16
$1.49/
$1.34
"Provision for Federal income and excess profits taxes amounted to
$443,500 in 1943 ahd $455,000 in 1942.
tOn 252,172 shares of com¬
and
$1,124,815
$1.20
Sept. 30,'43 Sept. 30,'42
Net
1941
1942
1943
Sept. 30—
9 Mos. Ended
Net
311,521
erly from a main line connection at Navasota to Madisopville, approxi¬
counsel
Sheet
Balance
Assets—
Total
Subs.)—Earnings—
167,289
;,
$2.40
'_
—
9 Months Ended
(Walter E.) Heller & Co. (&
ICC on-Nov.
Guy A.
19,676
$2,247,039
income'
Net
15 Exchange Place! Jersey City/ N. J.,
agent for the capital stock.—V. 158,
\ ' '/-/^
2252.V/.'V/.'.•,
1942
$9,357,888
$126,278
:
t$0.Q6
.
a-..—,-'-
for
International-Great Northern
"Net
1,728,620
311
Earn., per
Co.—Transfer Agent-
and Transfer Co.,
appointed transfer
Registrar
has
$5.51
2449.
iaxe$-—
■ „
provision
Other
■'
and
1941
$495,098
1942
1942
1,187,121
debts'
Bad
Notes
Sept. 30—1943
1943
$9,619,016
—
charges and
amounting to $232,000 in 1943 and $479,000 in
The
$1,272,427
Liabilities—
Ilealey Petroleum
share
per
2191.
p.
and excess profits
1942. tOn 1,952,008 shares of
capital stock,
ton 2,000,000 shares of capital stock.
SDoes not • reflect result of operations of Dalton Ore Co, in which
Interlake Corp. has substantial investment.—V.
158, p. 2253,
$4,188,169
1,408,641
,
income,
Interest
,
9 Months Ended
$1,506,403
158,
p. 2253.
$2,366,452
18,262
Consolidated
Net
.'/•';
1943
income——.
operating
Total
Endded Oct. 31— /
3 Months
*$1,196,451
-V.
>
—
profit after all
"After
3,916,911
Corp.—Earnings—
Sept. 60—
—
Earnings
100,000
2,593,415
tax
Period—
income-^—$5,689,632
expense, taxes and general expense
1,914,539
Costs, oper.
Deplet., deprec., amort,, surrendered leaseholds
and abandonments, etc.—
L———_
Inc.—Earnings-
Gross' sales
"Net
Net
operating
Other
Hayes Industries,
•'
.
Sept. 30—
9 Months Ended
Gross
$312 in 1941 for Fed¬
\\//.«
1943, $4,400 in 1942 and
eral income tax/ fLoss.—V, 158, p. 2046.
"Includes $15,080 in
profits
excess
—
Iron
175,720
85,000
and
11 Mos. End.
$577,635
512,756
96,902
t$18,960
$705,473
• v
(& Subs.)—Earnings—
Honolulu Oil Corp.
"Operating expenses and taxesInterest deductions ————- — -
414,208
charges
income
profit
sales
107,321
$5,699,034
profit for the
$576,092
1,544
;
stock.
shares of common
450,442
150,646
$4,289,074
contingencies
Fed.
Interlake
Net
9,923,082
$5,591,713
—
other
for
11,226,234
$4,138,428
— „
—
3 Months Ended
12 months ended Sept. 30, 1943, was $1,660,858,
equal to $3.69 a share, comparing with $1,624,363, or. $3.61 a share,
for the 12 months ended Sept., 30, 1942.—V. 158, p. 578.
1941
$603,070
3,754
2,833
Net
$701,447
$1.56
$867,832
$1.93
depreciation and provision for Federal taxes amounting to
$418,673 for 3 months 1943 arid $378,834 for 3 months 1942, and for
the 9 months period $578,555 in 1943 and $467,631 in 1942.
Net
1942
1943
$702,640
income-
operating
"
and
and
1943
1942
$15,364,662 $15,514,795
•
—
"Subject to renegotiation of war contracts.-
"After
tOn
30—
$592,917
$1.32
$628,010
$1.39
share',
com.
per
income
Interest
'
—
expenses
1943—12 Mos.—1942
1943—3 Mos.—1942
-
profit
tEarns,
,
—
income
Non-operating
"Net
Subs.)—Earnings-
Hamilton Gas Corp. (&
12 Mos. Ended Sept.
Operating
1133.
p.
Co.—Earnings—
Period Ended Sept. 30—
.
1941
$465,003
1943
.
before taxes-—
bottling.—V. 158,
and
storage
.
Holland Furnace
Net income
Total
taxes
2252.
thereon will cease.—V. 158, p.
1944, oh which date interest
10,
and
Operating profit
Other income
Worts, Ltd.—New Subs.
Hatch, President, on Dec. 10 announced the organization of
company named Dastilerias Hiram Walker & Sons (Argentina) S. A.
Arrangements were also completed for the acquisition by the South
American
company
of the distillery properties, of Mattaldi-Simon,
Ltda., and it is'expected that-possession' will be obtained before the
end of this month, Mr. Hatch states.
Mattaldi-Simon, Ltda,, was founded in
1885.. Its plant produces
Corp.—Earnings—
Sept. 30—
.——
Cost
Provision
Hiram Walker-Gooderham &
(EWT) on Jan. 4 receive bids for the sale to it of
1st mtge, ref. and terminal 5%
gold bonds due Feb. 1, 1952, to an
amount sulficent to exhaust the sum of $92,438.51.
i; • ■
Bonds accepted must be surrendered to the trustee on or before Jan.
will
158, p. 890.
1942.—V.
Harry
Co.—Tenders Sought—
Gulf & Ship Island ItR.
of
of
period
for
the
a
2362.
p.
common
estimated Federal taxes totaled $1,968,000
1943 as compared with $1,635,500 (revised) in
for
Sales
State
1941
$1,749,853
'/.
5,534
^
months
9
same
$0.84
.
.
and excess profits taxes, etc.
stock.
ftSubject to renegotiations.
J Revised.
:
1942
$2,279,634
155,707
' '
$$944,319
ft$2.39
income
Federal
of
shares
360,250
ton
first
9 Months Ended Sept. 30—
com.
depreciation,
: * After
$269,223 tt$784,208
$0.62 *
t$1.80
—$173,515
share.
•
$0.63
Note—Provision
Store Products Co.—Earnings—
Grocery
—
per
"
;
,
.
"Net
9 Months Ended
1943—9 Mos.—1942
1943-^-3 Mos.—1942
Period Ended Sept. 30—
a
Industrial Rayon
Co. (& Subs.)—Earnings—
Hinde & Dauche Paper
Arrearages—
quarterly dividend of 80 cents
per share and a dividend of $2 per share on account of accumulations
on
the $3.20 cumul, class A stock, no par value, both payable Dec. 29
to holders cf record Dec. 23.
A similar distribution on account of ar¬
rearages was made on Dec; 29, last year.
Unpaid dividends as at Oct. 1, 1943 amounted to $3.75 per share.—
directors
The
2469
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4239
158
were
semi-annual
the" common
20s
made
,
Regular
on
with no extras.—V.
.'
June
158,
Assets—Cash on hand
and demand
Sept. 30, 1943
deposits in banks, $986,903; U. S.
bonds, 1951-53, $300,000; notes and accounts receivable,
trade (less reserve for doubtful notes and accounts receivable of $137,237)
$1 530,577; other receivable, $113,446;
inventories, $4,219,099;
company's capital stock purchased for distribution to employees undei*
incentive compensation plan (2,658 shares at cost), $22,420; post-war
refund of excess profits, tax, $34,900; property, plant and equipment
Treasury
(less
2%
reserves
for depreciation
cilities of $505,703),
(less
insurance
and for amortization of emergency fa¬
patent applications, at cost
of patents of $6,228), $74,274; prepaid
costs in connection with government
$782,461; patents and
for amortization
and taxes, $59,162;
reserve
payable
to
Sales
Average number
\
578.
p.
Sept. 30—
profit ...
tEarnings per common
Kansas
^
"
■
1
Jersey—Rental Held Up—
Net'
■
93,944
.
notes in
a
unpaid purchase price specified in a conditional-sale
the purchase of equipment.—V. 158, p. 2192.
the
for,
ment for
98,324
68,667
Cr33,32l
62,500
1,604,438
623,143
approp.
limited-term
Prop, retir,
Amort,
898.551
269,873
Crl01,204
32,372
125
125
1,500
of
$182,699
$481,469
$2,325,735
$2,360,493
1,8-27
53
12,893
2,096
investments
— —
13,535
$662,932
$427,629
$641,788
344,579
.•317,153.
133,833
123,672
92,034
32,^13
revenues-.
oper.
income,
Other
net——■
$184,526
on
Inter,
on
deben.
inter.
Other
Int.
chgd.
158,
—V.
15,000
19,497
$105,029
$402,240
240,593
$1,467,854
520,784
$805,015
$3,350,204
$2,994,575
1,921.829
1,723,995
406,111
—-
than
(other
$738,825
436,400
revenues.:—
Operating expenses
1943—12 Mos.—1942
1943—3 Mos.- -1942
Fed.
'
income)
305,265
292,327
75,899
77,353
:
taxes.
45.509
49,648
206,616
prof. tax_
87,383
37,891
251,714
110,490
income-—
Other income (net)-
$158,369
$169,276
$677,719
$676,918
814
407
2,078
"Federal
income
^Federal
Net
exc.
oper.
-
Int.
divs—!
Preferred .stock
*1942
64,566
253.929
253,733
$105,118
$425,868
$424,360
33,063
33,062
132,250
132,250
$62,488
$72,055
$293,618
$292,110
.
-
Balance
in
63,633
income--.™--—
——-
Federal
with
accordance
and
income
the
Revenue
;
of
1942.—V. ,158,
'■
'
'■
Act
*.
a;-
;■
omit
to
of dividends on
declaration
the $5 par common-stock'follow¬
on
Net
President,
Deitz,
Theodore
of
the
N.
F.
in
been
in
company
of
Gray
has
He
United States.—V. 158,
the
-
deemed
unanimously
directors
of
,
Cost
of
sales,
selling,
general
Depreciation
—
27,153,516
695,427
46,726,751
997,945
t78.174.263,
——:v
$9,795,604
subsidiaries.
67,027
153,468
68,468
purchases__„__._.._._
199,693
157,618
17,716
$6,328,799
$2,817,077
Interest
153.253
164,891
Loss
disposal of
from
Discount
on
Miscellaneous
Total
on
foreign
income
(net)
profit
10,349
7,600,000
4,350,000
7,762
excess
taxes
for
Prov.
"
1,430
assets—
fixed
Prov. for Federal income and
1
at
500,000
other
'
Net
$1,791,227
income_.™_..___—.™™
$1,815,197
pald_.—_
^Earnings
'
——.i...
", 919,144
1,294,169
$3.31
share
per
$3.27
975,000
$1.05
a
share—
ment
and
ended Aug.
earnings
of
the
subsidiary
Net
of
$67,027
Balance
Assets—Cash
receivable
cash
(less
surrender
$7,919,765;
< 100r/r
(80L
ceivable—at
Federal
fixed
value
for the
cost
,
life
(less
reserve
1.943
insurance
of
policies,
$237,910;
■
of
land
$3,660,000
:
and mortgages re¬
$46,296; post-war credit—
taxes,
$700,000;
sundry
assets,
$7,200;
for depreciation of $5,131,102), $6,612,389;
charges, $406,530; trade name, goodwill and patent rights, $1;
total, $37,821,999.
accounts
payable$2,225,735; accrued expenses, $1,623,269; reserve for Federal
taxes on income and possible refund on renegotiation of war contracts
(less U. S. Treasury tax notes—$2,103,250), $7,418,075; note payable—
due May 1, 1948, $10,000,000; dividends payable Oct. 1, 1943, $205,600;
sundry creditors, $687,433; reserves for workmen's compensation insur¬
ance,
$55,000; reserves for post-war rehabilitation and other con¬
tingencies, $500,000; long-term debt, $2,350,000; class "A" stock (par
$1), $290,285; class "B" stock
(par $1), $257,982;
capital surplus,
$6,426,953;
earned
surplus,
$4,781,667;
total, $37,821,999.—V.
158,
payable—banks,
$1,000,000;
trade,
p.
$73,813
$60,996
—™.-'
on
24,485
$36:511
46,717
43,581
51,937
*117,610
$73.07
''
v
of Assets,
1,295
1,139
$77.24
5,547
$93.49
_
.
24,361
$49,452
59,858
sold
secur.
value
20,357
$67,854
$75.97
■
'
Liabilities and Net Assets, Sept. 30, 1943
,
r
,
ceivable, $15,250;
interest
accrued
receivable,
$1,151;
total, $3,808,990.
Liabilities—Dividend payable, $20,254; reserve for estimated Federal
State
taxes, $1,503;
total, $21,757; net assets Sept. 30, 1943,
and
equivalent to $93.49 per share for "the 40,508 outstanding
capital stock <no par), $3,787,233.—V. 158, p. 892.
A
1943
Sept.
Income—Dividends
of
shares
1942
1941
.
$160,924
•' 19,431
$180,354
$184,354
42,453
85,148
60,580
$145,206
$124,774
227,742
191,016
104,222
114,246
$158,490
bonds.^^
on
$169,232
11,507.
$169,997
Interest
Net
$2,790,700
307,900
109,900.
$0.30
Uw.-™A.
$0.85
,
income
;
■
15,122
$127,544
sold
securs.
(based
on
.
*6,092
.
Federal
years'
taxes
Dividends
1,419
paid
"Gain.;
105,086
r
-
.
;
Statements
1942
.
on
average
cost)
Net adjust, on prior
$0.75
j 1
r
income
loss
Net
269,600
1943.—V, 148, p. 1646.
Drive Building
Corp.
of
Assets, Liabilities and Net Assets, Sept. 30, 1913
at market quotations/ per accompanying state¬
the books of the Fund at average cost, $6,458,077),
$6,751,158; cash in bank, $49,464; cash on deposit for dividend payable,
$34,918;
dividends
receivable,
$28,319;
accrued
interest receivable.
$2,025; total, $6,865,885.
"
1
' "
Assets—Securities,
.
(carried
ment
on
.
payable, $34,^18; reserve for estimated Federal
total,
$38,833; net assets Sept. 30,
1943
(equivalent to $39.10 per share for the 174,591 outstanding shares of
capital stock of $10 par value each),,$6,827,051.—V. 158, p. 1173.
Liabilities—Dividend
and
State
taxes,
$3,915;
?• /-
below.—V.
158, p.
9 Mos. End.
"Net
194.
first mortgage income bonds, due Dec,
31, 1975, of record at the close of business on Dec. 21, 1943.—V. 157,
p. 2252.
V ;
;
:
.
'•
;■ ' _•;
Dec.
on
1943, to holders of
31,
Lawyers Mtge.
New York Title
See
—™—--L
share2254.
$0.36
com.
per
158,
—V.
p.
-
.
12 Mos. Ended
Sept. 30—
Profit after charges, but
taxes
j
for
Prov.
.-.
Net
profit
$3,779,546
2,227,556
income taxes™-
expenses
Other
,
—V.
($25 par)
158,
common
per
p.
-
—
share-,
.
.
3 Mos. End.
"Net
profit
tEarnings
Sept. 30—•"
per.
share—.
($5
$84,511
1941
$129,292
$0.24
$0.21
$0.32
and.Federal income taxes.
par).—V. 158, p. 1533.
,
"After charges
stock
82,672
79,250
1,315,569
989,411
revenues™.
$187,130
$499,926
$2,085,464
$2,202,902
.
.'1940
$110,502
$0.27
tOn 400,000 shares capital
'
1,503,238
.
717,732
183
8,609
7,921
21,320
$508,535
$2,093,385
$2,224,222
bonds-
72,917
72,917
875,000
875,015
deduct.-
7,009
6,758
86,695
83,269
to const,—Cr
1
256
11,019
2,813
$429,116
$1,142,709
$1,268,751
356,532
356,532
mtge.
&
$107,388.
applicable to pfd. stock--.
p.
158,
992,894
v
$187,313
(net)™
Dividends
2047.
■;
\
Lynch Corp.—Earnings—
.
(Including Its Wholly-Owned Subsidiary, Lynch Mfg. Co.)
.
Months
tNet
;
1943
$97,175
1942
approp.
income
-
Products Corp.—Earnings—
—
776,913
—v.
$2,587,885
726,244
$3.25
9
Lehn & Fink
77,129
income
chgd,
Net
$4,599,439
3,808,101" - 2,011,554
5,586,053
Cr232,509
-
income
on
/
6,121,363
173,280
inter.
Int.
1943—12 Mos.—1942
$857,638 $11,802,547 $10,488,992
65,165
oper.
Other
,
291.
.$1.01
1474.
158, p.
433,842
res.
Other
$1,960,544
726,284.
726,284
$1.8?
$2.39
514.00C
647,765
taxes
retir.
Net
1941
$5,768,645
$700,789
510,600
$1.74
interest, etc.—V.
$1,156,012
____
taxes
Prop,
,
1942
$1,551,990
_
——-—™————
of com. stock
Shares
Earnings
;
.
-————
—
Federal
before Fed.
-
'.
1943—Month—1942
revenues
Gross
1943
510,600
$1.88
depreciation,
1940 "
1941
$990,420
„
$2.65
taxes,
Operating
1943—9 Mos.—1942
Cement Co.- •Earnings—
,
510,600
par)—
share
Operating
;
Inter,
Lehigh Portland
,
Louisiana Power & Light Co.—Earnings—
$704,210. $1,992,585 / $1,532,015
$0.36
$1.03
1
$0.79
$707,529
taxes
Earns;
chgs.
after
profit
1943—3 Mos.—1942
30—
Period End. Sept.
Net
Navigation Co.—Earnings—
($25
Federal
,
,
Period End. Oct. 31—
Guarantee Co.—Distributions—
& Mtge. Co. below.—V.. 149, p. 580.
A
Federal
Lehigh Coal &
stock
com.
per
"After
1942
$961,745
1943
$1,353,210
of
Earnings
$30 per $1,000 bond will be made
Sept. 30—
profit
outstdg.
Ltd.—Interest—
interest amounting to
of
Pavment
deferred
Liabilities—Notes
3,057
$88,210
Assets—Securities, at market quotations, $3,674,449; cash in bank,
$97,887; cash on deposit for dividend payable, $20,254; dividends re¬
inventories,
contracts
$47,034),
1940
$57,939
4,013
$64,511
_
loss
Industrial Finance Corp.—Proposed Merger-
Wacker
20
and
$13,644,238; accounts
$30,000), $6,393,587;
hand,
1941
$69,800
10,466
•
28,913
asset
to
of Kelsey-Hayes Wheel Co., Ltd.—England
capital stock of Kelsey Wheel Co., Ltd.—
reserve
profits
(less
on
accounts
1942
$77,744
6,311
$93,424
-L--
bonds.™
income
Net
year
compared
as
Owing
Sheet, Aug. 31,
doubtful
$319,036;
owned),
excess
assets
of
stock
$1,535,046;
$95,242
above.
deposit and
for
reserve
capital
owned),
Canada
demand
on
to
included
1943
$87,113
Sept. 30
on
,
Net
University, Chicago—$7 Pfd. Div.—
Lautaro Nitrate Co.,
$3.04
with divi¬
disturbed con¬
ditions abroad the report of the English subsidiaries for year ended
Aug. 31, 1943, is not yet available, and, accordingly, the equity in
their earnings for thk current period has not been established.
-amounted
converted,
received
;,
Dividends
10
Dec,
on
through ownership of capital
-
Shares
31,
were,
dend
RR.
Loose-Wiles Biscuit Co. (& Suhs.)—Earnings-
1943, converted at the official rate of exchange (except
for depreciation which was converted at the same rates at which fixed
assets
Miami
Loomis-Sayles Second Fund, Inc.—Earnings
proceedings--have been concluded covering
share was paid on Jan. 2,
per
$1,669,424
870,855
257,982 shares of class E
of buildings and equip¬
Canadian
Little
Expenses
declared a dividend of $7 per share 011
the outstanding 7A cumul. preferred stock, par $100. payable Dec. 22
to holders of record Dec. 20.
This clears up all accumulations on the
aforementioned issue.
The last regular quarterly dividend of $1,75
directors
La Salle
special amortization amounting to $1,136,049.
Note—Equity in
.
the
of
Total
" ;
$0.34
LaSalle Extensien
The
-
"On combined 290,285 shares of class A and
stocks
outstanding,
(includes, depreciation
control
Interest
After applying a $60,000 reserve provided in the 1942 account
effect was a reduction in the 1942 income from $377,395 or
share to $363,475 or $1.02 a share,—V, 158, p. 674.
.
, r;;
net
see
Dividends
of
Expenses
\
123,900
V;
•
the merger of
approved
1943—9 Mos.—1942
1943—3 Mos.—1942
$1,289,500
$1,122,100
chgs.';
Note—Renegotiation
the
_,_A.
contingencies.
23
"'!•
,
rehabilitation
post-war
and
Nov.
on
Statement
amounted, to $371,900
$339,900 in 1942.. Federal taxes for nine months ' are
$666,500 in 1943 and $379,000 in 1942.
;AV f
and
1943
estimated
1,438
income........--....^....; $10,109,554
on
216,898
long-term debt
Dividend
$0.61
1533.
p.
Loomis-Sayles Mutual Fund, Inc.—Earnings—
62,080
47,231
profit.™
ICC
9 Mos/End.
for Federal taxes for three months
'""Provision
profits.
$5,999,996.. $2,665,090
^
Operating
1942
$262,059
$1.36
—
charges and taxes.—yv, 158,
9 Months Ended
.-.A.
™.™
taxes
Earns, per com.
in
and
administrative expenses———
1943
$580,849
Sept. 30—
Income—Dividends
.
1943—Month—1942
1943—11 Mos—1942 ,
$2,748,073 : $2,183,726 $26,738,110 $21,283,268
\..\-a
after
profit
and
•
post-war$100,000
The Commission also authorized Little Miami to issue not exceeding
$1,786,200 capital stock (par $50), 'to be delivered in exchange, share
for share, to the holders of an equal par value of capital stock of the
Columbus & Xenia RR. in connection with the merger of the latter.
—V. 158, p. 1474.
'a
■ ;:;V
Inc.—November Sales Up 23,8%—
3d—
u.L
income
Gross
1943.
.1
1942
1941
$87,969,867 $53,724,692 $31,651,072
10'/r
674.
p,
—
"Gain.
tubes-,
158, p. 1939.
"Net
Years Ended Aug. 31—
Net sales
—™„:
the
of
(Before deduction,of
1942.
it
Lane-Wells Co.—Earnings—
Kelsey-Hayes Wheel Co.—Earnings—
$3.87
,
RR.
preferred or common; "Stock.
dividends on'either the
Period End. Sept. 30—
1733.
p,
deduction
after
in
Total
has been elected a Vicer
manufacturing operations
Bethlehem, Pa.,
charge of all
1942
$733,572
'
the' properties of the
Columbus
&
Xenia
RR.
into
the
Little
Miami RR.
for ownership,
management and operation.
'' " •
"
*
'
■
'
r.
The, purchase by-the Little Miami RR,, of the properties of the
Dayton & Western RR. also was Approved and authorized.
'
•
f, •
The Commission also approved the acquisition by the Pennsylvania
(Julius) Kayser & Co.—New Vice-President—
President.
$992,205
Little Miami RR.—Merger, Etc.—
Stock.1
stockholders,
Dec. 10, in a notice to the
on
1
board
entire
sales
—v.
«
1942
,
two
Period End. Nov.
-
1071.
p.
the
Lane Bryant,
profits taxes hav# been computed
excess
$1,293,355
contingencies.—V.-158,
income
The
but also items for several government agencies,> are
continuing at a fairly" high level.
The results of these , operations,
while not up to last year's; are Jn the main satisfactory consideringthe
problems encountered in the procurement of materials, higher
■wage costs, taxes,, manpower difficulties, and the like.
New, business
of substantial volume in government contracts and regular products is
being booked. The unfilled order balance, exclusive of, the said con¬
tract, at the present time stands at about $4,200,000."—V. 158, p. 87.
$678,092
$95,551
deducts.--1
other
&
Net
$679,797
$169,683
$159,183
income
Gross
voted
10
'y
.-
pneumatic
1,175
""
Dividends—
corporation no dividends should be paid at present, •'-V- "
"Other operations, practically all in the interest of- the war effort;
involving not only the corporation's regular products of conveyors and
177,907
V
to
and
1943
'"After
inadvisable
A-AvThe U. S. Government recently terminated a contract which repre¬
sented something over- one-half of the unfilled order balance of Lam¬
son Corp.
Many months of, preparation, involving design and building
of
tools, procuremetn of material and arrangements with a- large
number of sub-contractors preceded the substantial amount of work
which had been performed, and your Corporation was about to com¬
plete initial units and commence deliveries. The nature and effect "of
the termination is now under discussion.
kk-k i.
"•
'
"No payments have been received on account of..this contract and
there is no way at present of estimating the effect of the termination
on
the financial position of your Corporation.- Under these circum¬
stances
the
board
feels that in your interests and those -; of: your
-Earnings-
Kansas Electric Power Co.
"Net
the
on
declare
to
1943
share—$3.71
Earnings per share
preferred stock were made on July 15, last.
In
regular semi-annual payments, of $1.50 each on,
the company in 1942 paid' on the common stock a
of 20 cents per share on July 8 and one of-35. cents per
Dec. 28.
'V/
on
"The
Cr55,070
$1,385,580
520,784
pfd. /stocks-——
to
180,000
229,805
Cr7,545
——.
Period End. Sept. 30—
Taxes
180,000
Dec.
on
preferred stock and
to
Carl F.
said:
2047.
p.
Operating
share
540,000
of
Line Material Co.—Earnings—
preferred stock,
dividend
$2,362,589
540,000
construct.
to
applicable
Divs.
$2,338,628
45,000
15,000
19,282
deduct.
&
income
Net
$481,522
45,000
bonds,;
mtge.
the
months
t$703,640 '
9 Mos. Ended
$244,572
$253,745
Corp. of Delaware—No Action on
par
share
per
bonds.
income
Gross
Inter,
$173,537; '
in
future
for
ing the recent termination by the Government of , a contract;, which
represented a little over 50 7c of the unfilled orders of the corporation..
Distributions of 20 cents per share on the common stock and of $1.50
745,000
.
nine
Sept. 3C—
common
amounting
"credit
150,444
$111,426
Federal
income
and
1943 was $2,783,556
estimated
for
—
tax
8,840
303,960
development;
directors
The
the $50
586.643
811,667
$2.32
1941 and
,158, p. 392.
addition
Net
profit
Earnings per
and
deprec.
Lamson
1,500
res.
$2.14
'
Lily-Tulip Cup Corp.—Earnings—
12 Mos. Ended
■.
3,033,113
152,014
...
$2.06
before provision
profits taxes for the first
"Net
$436,469
10,122
net: profit——-—'
Est.
$7,625,300
il—
taxes
taxes
Other
$8,607,400
$2.36
—w—
compared with $1,887,255 for the nine months ended Sept. 30,
and $1,320,312 in 1941.—V.
158, p. 2363.
1943—12 Mos.—1942
$679,442
3,240,917
Operating expenses
Federal
■'
—V.
1943—Month—1942
$718,624 1
—
for
deferred
agree¬
282,747
Operating revenues
stock
depreciation, Federal income tax, and in 1943, 1942,
for, excess profits taxes.,
as
53,077
$676,467
$549,219
admin, posts.
and
Reserve
Electric Co.—Earnings-
Kansas Gas &
Period Ended Oct. 31—
.
1940
$811,982
"After charges and Federa^taxes amounting to $294,835-in 1943 and
$341,197 in 1942 for Federal normal tax and surtax and excess profits
$650,778
8,989
$559,340
—™_
Oper.
Nov. .27
on
1941
$751,004
Note—Profit
,
excess
1940
1941
1942
108,427
1943
3 Mos. Ended Sept. 30—
milled—,——
Metal'production, gro^s,
Marketing charges
.
Tons ore
authorized the company to issue four promissory
total amount of $278,400, in evidence of, but not in payment
The ICC
1942
$721,667
350,(par
$5)
on
.
:
•
'•
•
Mines, Ltd.—Earnings—
La Luz
—__™
Southern Railway—Notes—
City
sh.
shares
"After
,
1943
1942
*9„4*
f'$335,743#- $336,885
$257, <71
share—$1.12
$1.12
$0.86
"After depreciation, Federal income taxes, etc,
(On 300,000 shares
of capital stock,
$ Subject to renegotiation.—V. 158, p. 2192.
9 Mos. Ended
"Net
140
received by the New York Curb'Exchange chat,
in view of the continuance of the injunction issued by the U. S. District
Court of the Southern District of New York, it will not be possible for
The Delaware, Lackawanna & Western RR. Co. to pay on Jan. 1, 1944,'
the quarterly rental of I'k on the capital stock of the Lackawanna
RR. Co. of New Jersey; unless such injunction shall be vacated prior
to that date.—V.
158, p. 1071.
A
Subs.)—Earnings
(&
2047.
p.
1943
$829,089
1
per
common
(& Subs.)—Earnings-
Sept. 30—
profit
Earns,
Information has been
.
Kalamazoo Stove & Furnace Co.
158,
Lackawanna RR. of New
notes payable to
portion included
$1,194,842;
$500,000),
"Net
1940 after provision
banks, due in instal¬
ments to
Dec. 22.
1946 (less
in current liabilities,
$337,500), $887,500; common stock ($1 par), $384,100; paid-in surplus,
$1,832,466;
earned
surplus,
$2,198,124; total, $8,153,240.—V. 158,
of
notes
9 Mos. End.
,
of Kroger stores in operation during the period was
3,27.5 stores during the 1942 twelfth , period,; a
87e.—V.
of
decrease
Life Savers Corp.
r
$
-
with
compared
3,013
S
-
31,432,104.388,65.7,519 347,851,004
32,328,793
——™'™--
v
$
$
*.
,...
1943—48 Wks.—1942
1943—4 Wks.—1942
Fjriod End. Dec.-4—
banks, -portion due within one year,
$337,500;
accounts payable,
trade, $536,210;
advance payments on
cancelled orders, to be refunded, $388,649: deposits on uncompleted
sales contracts, $68,780; payroll deductions for withholding taxes and
war
bonds, $23,217; salaries and wages (including'provision for in¬
centive
compensation), $179,518;
accrued taxes (other than taxes
based on income), $100,454; other accrued liabilities, $21,881; provi¬
sion for Federal and State taxes based on income (less U. S. Treasury
Liabilities—Notes
Baking Co.—Sales—
Kroger Grocery &
and deferred chgs.,
contracts, $15,121; miscellaneous prepaid expenses
$14,876; total, $8,153,240.
Monday, December 20, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
2470
Ended
Earnings
——
because
but the
1943
1942
of
are
as
*1942
1941
$376,546
$2.51
30—
share
per
"Figures for
that
Sept.
profit
*$282,533
$1.88
,$432,125
revised
(After
$2.88
reported originally.
However, this stated,
refund the figures have been charged
renegotiation
figures are not-available.
charges, Federal-taxes' and reserve for contingencies.—V.
.
358,
p. 2048.
2363
Lerner Stores
Koppers Co. (& Subs.)—Earnings—
♦Net
profit
Earnings
"After
taxes
158,
per
p,
$4,436,670
:
common
charges
amounting
share
and provision
to
$10,342,798
1942
$5,649,280
$3.24
$4.45
•
for Federal income and excess profits
in 1943 and $7,735,958 in 1942.—V.
1859.
Corp.—Increases Common Dividend—
Dec. 9 declared a dividend of 62 V2 cents per share
stock, no par value, payable Jan. 15 to holders of
record Jan
5.
The company from April 15; 1935 to and including
Oct
15
1943, paid a dividend of 50 cents per share each.quarter.
It is'announced
that it is the present intention of the board of
directors to maintain the higher dividend rate on the common stock,
which is equal to $2.50 per share Annually.—V; 158, p. 2363.
The
1943
12 Mos. Ended June 30—•
011
the
directors on
common
(P. R.) Mallory & Co., Inc.—Preferred Stock Offered—
Offering
was
made Dec. 15 by Lee Higginson Corp. of
.00,000 shares of 4V4% cumulative preferred stock at $25
per share plus divs.
The
for
preferred
the
life
of
stock
the
is
issue
from Oct. 1.
convertible
and
is
share
redeemable
for
on
share
a
into common
graduated scale,
Volume
Number 4239
158-
ranging
$27
from
share'after
Dec.
Transfer
share on or
per
1963.
31,
agent—J.
•
'!'■>"
Morgan
1
and franchises of
•
,
payable
as
a
were
of
$18.75
,the Portland & Ogdensburg, except its right to exist
corporation; for"'a cash consideration of $823,601, or the equivalent
lor each share of outstanding capital stock.
The applicant
heretofore has assumed the payment, satisfaction, and discharge, when
'
indebtedness of the Portland & Ogdensburg in the
principal amount of $2,119,000, of which the applicant owns $1,184,000,
and will' assumed all other
indebtedness of .that company and the
expense incidental to the purchase.
Payment of the purchase price
will- be - made from
available cash funds of the applicant, and no
due; of the bonded
(Giving Effect to This Financing)
Capitalization
'■
■"Regulation V loan.cumul. conv. pfd. §tk.
stock (no par).
$25)
(par
Common
;—-
.
$6,000,000
60,000 shs.
343,632 shs.
$6,000,000
' t,
1500,000 shs.
,
414%
v
Outstanding
Authorized
the
under
tThe
loan
at
the
authorized issue of
series,
4
varying
'•
■
.
issuable
are
respect
with
'■"''
from
rate
to
time to
ized
of
Earnings
of
for
to
Company
financial
have
been
the respective
for
stockholders
its
statements
on,-.from
reported
time
rehearing
on
of
the
company
in
San
the
Commission
that
held
California
to
—J—,.
The
Div. Paid
the
3,131,241
309,164
$46,000
on
263,164
4,165,361
545,057
83,021
462,036
$4.85
Government
holders
$14,443
L.
by
128,891
623,210
57,772
113,733
445,178
249,952
$293,035
by
19,674
65,831
28,886
will
have
Mr.
462,577
158,873
1,006,953
371,725
635,228
288,860
a
2,416,100
1,613,359
$702,742
288,860
tion
18,317,823
1942
2,894,851
2,187,250
§495,101
288,860
108,755
571,332
similar
of
1)173,316
0Before
provision for Federal
income and excess profits taxes,
tProvision for Federal income and excess profits taxes, tAfter appro¬
•'
'
the
and
amount
refund
of $293,035
liabilities. '
net
amount to current
refund
Federal
of
results
in
addi¬
an
v.''
is
Sales
at
—V.
and Business—Company was organized in Delaware July 1,
the successor of two predecessor corporations of the same
158,
1943—Month—1942
retail—$3,003,244
p. 2048.
12 Mos. End. Sept. 30—
Total
These products have a wide range of applica¬
aeronautical, automotive, electrical, geophysical,
radio,
the
in
Net
general industrial fields, and to a
originated by the Company's own efforts
through years of engineering research and design.
Development of the company's products has been greatly influenced
by the recent expansion iri the use of resistance welding;. the wide¬
spread adoption of light metal alloys; advances in the processes gen¬
erally known as "pressed powder metallurgy"; and the rapid spread
of electronic applications in industry.
Substantially all of the company's production, since 1941, has been
for
war
purposes, a substantial amount of its production for 1941
having also consisted of defense materials.
Most of the company's
products were useful for, or could readily be modified for, war pur¬
poses.
Company has continued
to service most of its peacetime
customers
with
products for war, while adding a number of new
they
operating
■"Difference
were
Other
and
•
1
.
1943
for
in
that
in
43,413
$4,296,135
deductions.^—...s—;
1,936,556
1,986,947
$2,309,188
income
of
income
consolidated
120,000
120,000 w
~/
Federal
the
of
394,386
$4,801,273
/——
the
$3,858,336
preferred stock
on
■"Difference
inclusion
$4,150,462
454,600
:
$2,864,717
-
the
tax
and
of
the
to
due
taxes
for the last
American
$2,189,189
$2,744,717
profits
excess
company
return
to
and
Application
of
specific
any
bond
will
but
oper.
Other
on
debt.
(net)4
.126,103
■
i
its
ordinary
and on hand(less reserves)—
(demand deposits)
accounts receivable
and
-
$3,024,970
3,572,542
4,407,687
; 7,275
193,750
290,000
Due
from officers
Other
2,462,826
129,037
1
2,220,086
67,566
1
$14,088,092
$8,430,786
and employees
security invests, and advances————
refund of excess profits tax
Post-war
—
plant and equipment
——_ —
Prepaid expenses and deferred charges
■"Property,
licenses
Patents,
and trade names
Total
^
Liabilities—
3,345,344
11,559
146,749
.
——
"
K:
tccrued
$1,0~31~899
other than Federal
taxes
2~4L002
148,779
;
.164,302
1
Other
3rov.
sundry bal.
accrued liabilities &
for
Reserve
for
Reserve
for
2,327,247
*'■
100,000
obsolescence-—
100,000
212,500
,
.i.—346,632
—
surplus
surplus
1,100,000
150,000
1,292,668
taxes on income
post-war contingencies—502,500
stock
Japital
Earned
inventory
77,068
75,234
renegotiation rebate due U. S. Gov.—
Provision for Federal
lommon
payable
288,860
465,147
2,907,948
2,361,985
——
——
—
—
—
——
$14,088,092
debt
Co.)
.:
•
,
$8,430,786
facilities of $1,590,178 and $2,154,453 as of Dec. 31,
1942, and Oct, 31, 1943, Fespectively (less reserves for depreciation,
including amortization of war facilities—$422,271 and $705,161 as of
Dec. 31, 1942, and Oct. 31, 1343, respectively.—V. 158, p. 2363.
$1,770,777
$1,653,837
ICC
on
Nov.
28
authorized
the
-refinancing
General
Maine
stock
purchase
of
Central
the
now
owns
Portland
&
The
present
proposal
89.42%
of
Ogdensburg
the
and
total
it
is
the company of
The report of the
by
outstanding
expected
that
is
purchase of the
on
in
which is the first payment
has been advised
will not constitute
the stock and should be re¬
The
this
payment
for
capital
company
payment
transaction
for
the
year
appro¬
this
certificate
be
will
and
will
p.
a
protest against
be advised when
notified
be
as
2255.
soon
■
of
Dutoit,
the
that
matter
tax
payment
Regulator
Co.
been
is
disposed
possible.
is
See
Purchases
—
,
Vice-President in charge of manufacturing,
ultimately be used for pwt-war manu¬
Jr.,
plant
new
will
instruments.
For the duration of the war,
however,'it will be used to facilitate the company's
under
consolidating
roof production
distributed among seven leased warehouses.
by
has
assessment..
on Dec. 14 announced the purchase, from the Ford
plant which will increase its productive facilities in tha'
a
A.
George
that
tax
/
Minneapolis area by almost 50%.
;
payment
;
;
•
company
Motor Co..
said
the
proposed
a
further
as
*.'•.'■
,
Minneapolis-Honeywell
Factory—
The
after
returned
.
pending
holders will
158,
one
and
war
manufacture
facilities
storage
now
Minneapolis & St. Louis Railway—Interest Ruling—
National
Uniform
Dealers,, Inc.,
Practice
has been
Committee,
informed
National
that,
in
Association
consummation
of
of
of reorganization of the Minneapolis & St. Louis RR., holders
Merriam Junction and Albert Lea first mortgage, 6%
bonds, due
exchange them for cash and Minneapolis & St. Louis Ry.
income 4%: bonds, due 1996, series "A." These new
issued in temporary form, and will bear coupons dated
May 1, .1942, May 1, 1943, arid May 1, 1944.
The first two' Will tad
payable forthwith at the First National Bank of Minneapolis, arid will
cover interest for December,
1941, and the calendar year 1942, respectively.
%i' usi'w
.,
■
*
Accordingly,;under iSection 6(a) (4) of the National Uniform Prac¬
tice Cede, the Committee rules that on and after Dec. 7, 1943, Minne¬
apolis & St. Louis Ry. general mortgage, 4% income bonds, due 1996,
shall be "ex" $43.33 per $1,000 bond, unless otherwise specified at ths
time of the contract, and that bonds sold for delivery on Or before
Dec. 8, 1943, shall be a good delivery only with the May 1, 1942, May
1, 1943, and May. 1, 1944, coupon attached.
Acceptance of cash or
check in iieu of missing coupons shall be at the option of the pure
1932,
may
general mortgage
will
be
chaser.—V.
158,
2364,
p.
...
;
Minnesota Power & Light Co.—Earnings—
Other
1943—12 Mos.—1942
1943—Month—1942
Ended Oct. 31—
$9,495,773
$861,957
277,420
$9,492,330
2,421,665
163,251
0*127,242
1,811,729
81,464
taxes
217,304
79,638
947,644
3,033,031
1,644,353.
931,640
62,500
62,50U
750,000
761,905
574
571
6,886
7,129
$3,554,406
$3,117,703
2,853
$872,362
— __
—
taxes
Prop; retir. res. approp.
limited-term
of
_
exps._-_„
interest
$5,364,992
$4,993,482
760,830.
740,856
r
84,331
218,135
24,541
118,386
252,994
86,868
14,953
76,229
$347,269
$569,070
838
18
$348,107
$569,088
$3,563,191
bonds
128,658
132,254
1,563,392
deducts.
6,881
5,999
71,760
77,383
0*2,837
Cr88,453
015,623
987,633
990,825
operating
income-.
Interest
—
mtge.
on
and
int.
Interest
.54,486
1,322,117
3,859,885
3,999,659
72,711
•
18,234
•
revs.—
income--——_
Net
277,001
569,245
280,629
.
31,981
.
charged
Dividends
—V.
Div.% requirements
on
publicly
held
pfd.
_
8,785,
-
Cr 145
applicable to preferred stocks—.—p. 2255. •
i, ;.
158,
Dividends
.
.
Mississippi Power & Light Co.—Earnings-
declared
•
not
Minority
1,285,179
Period Ended
Operating
de¬
224,785
224,195
'int.
in
income of
Operating
641,175
672,587
Federal
net
1943—12 Mos.—1942
1943—Month—1942
0<^t. 31—
489,049
438,887
5,558,185
$8,939,132
5,336,973
———
68,156
8,219
909,985
527,167
—~
65,626
87,030
771,949
772,793
80,000
68,333
916,667
816,666
$177,745
$201,896
$1,667,550
$1,485,523
revenues
$880,576
—
$804,365
$9,824,336
expenses
taxes
,
subs.——''
339.306
Other
404,029
621,100
240,064
,
taxes
—
Property retirement res,
"j
income—
Net
•"Includes;
profits
exc.
•
(Adjusted.
2,007,084
2,044,581
1,694,583
3,566,572
■1,869,608
469,345
4,620,800
%.
";■;
Electric
$739,000
Power
,
Other
Int;
of
statement
approximately
and
1942,
nine
$775,000
respectively,
months'" periods
stocks
of
of subsidiary
because of dividend
consolidated
and
and
$540,000
$1,725,000
which
could
companies
Statement of
the
months
thre#
in the
$1,270,000
distributed
as
of
by Middle West Corp.,
120,556
122,153
■•'•'
•
■'
,\
•■■•
•
,
;.
'
v■
,
•
v.
S563.922
399,960
stock
.
$758,135
$126,076
$102,772
applicable to preferred
2049.
Net
—V.
403,603
•
;
;
Missouri Gas & Electric Service Co.-
Oper.
Operating
primarily
Federal
$176,623
$164,007
115,925
revenues-
,
$685,565
$665,411
taxes—
26,042
113,130
21,924
470,519
90,222
463,523
83,091
income
$34,656
$28,953
$124,824
$118,795
expenses
income
1943—12 Mos.—1942
1943—3 Mos.—1942
Period End. Sept. 30—
Total
on
Net'operating
<
1943—9 Mos.—1942
$498,894
$288,398
$1,096,178
Other income
73,749
474,651
294,717
Gross
$909,204
100,937
income—
$599,830
$362,148
$1,570,830
Int.
on
334
Dr 70
——-
income———J
$34,585
$28,953
$125,158
$118,793
long-term debt-
12,800
13,141
51,662
53,090
537
501
2,014
3,864
$21,246
$15,311
$71,482
$61,842
interest
——_
$1,203,922
and
adm.
exp;
other
than
Fed.
7,391
4,220
16,747
12,403
taxes-
75,795
49,793
159,000
Net
income
94,509
income
income
158,
47,275
78,559
217,609
195,341
p.
$229,574
$469,368
—
$1,199,741
$879,399
1860.
Midland Steel Products Co.—50-Cent Common Div.—
The
on
the
800,000
Cr9,729
income
158,
General
Total
9,171
and
p.
1943
Income
1943—3 Mos .—1942
income
General
66,667
8,616
mtge. bonds
deducts.
on
int.
charged to constr._
Net
respective
dividends
553
$1,486,075
subsidiary
,
consolidated
cos.
Other
be
1,412
$1,668,962
800,000
—V.
income
net
includes
18
$201,914
66,667
——
arrearages.
Period End, Oct. 31—
from
in
and
not
owned
income
310
$178,055
—
income
Dividends
period prior to the sale.
above
income
Interest
of ap¬
revenues
and
$2,237,000 for the three and nine months
ended. Sept. 30,; 1942, respectively, was sold on Sept.
12, 1943.
The
income account of that company has not been included in the above
consolidation for .the 1943 periods.
However, that company' paid,, and
there has been included/dividends on common stock representing sub¬
stantially all of the earnings available for distribution in the 1943
The
—
revenues-
oper.
Other
Gross
having operating
Co.,
Net
6,019,983
4,364,401
1,235,872
5,921,111
• 1,354,375
,
tax—
_
Note—Kansas
proximately
appropriation
$2,666,701
$3,067,329
.
other ", than Fed._
Taxes,
Fed.
$1,079,904
si,iso,408
'
Fed.' income taxes——L—
addi¬
properties
$3,120,561
1,590,513
to
stocks of subs.—•,
capital
continue to be acquired.
contemplates the
business
of
paid
—V.
158,
p.
—^
,
1174.
Missouri Pacific RR. Co.—Wage Increase
the Portland & Ogdensburg Ry.
states in part:
tional small amounts will
opinion
construction V___—
(net)_-
Federal
properties of
Commission
but
is
V.
Other
Other income deductions
Taxes,
Maine Central RR.—Purchase—
The
close
January
thereon.
There
Federal
discount
522,919
"Including war
the
stock.
their
receive
to
The
stamped
of <upfd. v, stock
Income
Total
order
Ohio,
-
payable to banks_^_
——$6,000,000
payable—trade
_______
1,104,675
Employees' inc. & social secur. taxes withheld177,609
Vccrued salaries, wages and commissions——
816,897
states
Accounts
the
last
present payment
capital
in
Operating revenues
Operating expenses
1943—9 Mos,—f 1942—
88,124
245,208
Amort.-
$607,730
2,031,747
Inventories
the
the
that
income
Gross
clared
.
of
as
payment holders will be required to send
their certificate of participation to the Cleveland Trust Co., Cleveland,
'
Notes
of
counsel
ported for gain or loss as a
priate to the individual case.
long-term
Dividends
Cash in banks
record
authorized
$5,042,103 $14,387,967 $14,211,765
$5,021,064
—_u_—__i——_ ■
Amort.: of
Comparative Balance Sheet
Oct. 31;*43 Dec. 31, '42
of
was
$4,953,979 $13,818,721 $13,934,763
$4,894,960
income
Interest
be
-
with
confused
liquidation
by
Other
company.
Company is obtaining
to using them in connection with
.
Public Service
1943—3 Mos.—11942
..income
income
Gross
the
Assets—"
be
not
investments
Net
Proceeds—The net proceeds to be received by the
sale of the 4*4% cumulative convertible preferred
estimated at $1,391,500, have not been allocated
purposes
that
,
added to the general funds
these additional funds with a
view
conversion from war-time to
peacetime operations and the reestablishment and expansion of its
peacetime business but until such conversion, which is impossible
until the removal of present governmental restrictions, such additional
funds may be utilized in carrying accounts receivable and inventories
and
for other purposes incident to the company's present
wartime
business.
It is possible that a portion of such funds may be used
in the acquisition of part or all of the manufacturing facilities pres¬
ently being leased from a governmental agency, although no decision
in that regard-has been made, or can be made at this time.
for
notion
a
in full the
which is represented by the certificate of participation.
It should
.
company from the
stock now offered,
of
holders
10, 1943.
distribution
in
months of
three
Operating revenues..... $21,596,569 $19,815,831 $60,899,518 $57,448,329
"Tot. oper. exps; & taxes
16,701,609
14,861,851
47,080,797
43,513,565
and the aggregate amounts of sales to-the,company's five
largest customers were approximately 10%, 3.1%, 2.5%, 2.2.%
2%, respectively, of the company's net sales for that year.
that year
next
Period End. Sept. 30—
.
in
11,
of participation,
marine equipment
mortgage
Light & Traction Co.
Subs.)—Earnings—
Illinois
first
of $40
Period
Central
Dec,
on
certificates
Corp.
Co.,
1943.
certificate
all
and to the contemplated inclusion of the income of the
1943-in a similar consolidated return.;—V; 158, p. 2048.
(Exclusive of
corporation,
Vessel
fund bonds, said:
liquidation was adopted at the meeting of stockholders
6,
The
(a)
Middle West Corp. (&
this
payment
Dec.
year,
company for
production under prime Government contracts;
(b) production
of parts and materials for customers furnishing war materials;
<e)
production of parts and materials, under high priorities, for essential
service, maintenance and replacement in the war economy. In 1942
the
volume
of. sales under prime contracts with, the Government
amounted
to approximately
17.2."of the company's net sales for
of
Widwest
Transportation
of that plan, the board of directors has authorized
per share, as the first of a series of distributions in
for and in complete cancellation and redemption of
all of the capital stock of this company.
The payment will be. niacin
of
1942',.
23,012,874
—196,211
_
other
and
Balance
customers.
2_
profits taxes
excess
?,
tu:i
the plan
26,713,560
income
Dividends
1942
and
Dec.
10-story building, which was originally constructed by the Fori
Motor Co., has a total floor .space of about 321,000 square feet, of whic.h
265,000 is suitable for manufacturing activities.?—V. '158, p. 1939.
■
•
L—: $30,864,022 $26,871,210
income....
Interest
Net
inc.
of
as
securities,
2049.
p.
pursuance
The
taxes—
;
158,
1943—11 Mos.—1942
■>:.
<
company,
Government
plan qf
Dec.
In
/"/"/IV-
income—.
in Fed.
income
Gross
(some of which are purely for military purposes) and new
Company's war business divides itself into three categories;
products
sinking
The
held
of
Sensibar
bonds
transportation and
extent
substantial
\
'
:
operating expenses
the
$24,266,407.—V.
Corp.—Distribution in Liquidation to
President
holders
of
$3,727,044 $35,221,168 $46,128,364
Operating revenues—A—3
and sale of specialized metallurgical,
and electronic products.
communication,
Fleek,
S.
the
Securities
has gradually enlarged to
electrical
tungsten product,
a
the manufacture
quarterly dividend of $2 per
preferred stock, payable Jan. 1 to
The
Michigan Consolidated Gas Co.- -Earnings—•
the first one of which, a New York corporation, was organized
1916.
The business,
which at its inception in.; 1916 was limited
usual
first
to
facture of automatic control
taxes
profits
excess
$191,337
by
is
manufacture of
J,
to
this
cash
in
Melville Shoe Corp.—November Sales of 19.4%—
name,
tions
plans to refund
so
amounting
Midwest Vessel
stock¬
to
carry-over
Period End. Nov. 30—
*".:
■"
letter
a
surplus totals $484,372," he added.—V. 158, p. 2048.
inventory obsolescence (still unused), ,§After
in 1942 and $290,000 in 1943) for post-war
additional cash dividends paid-on Dec. 10,
priation of $100,000 for
appropriations ($212,500
contingencies.
i!$137,434
to
as a result of the foregoing adjustments." When
this amount is added to the net refund, the aggregate charge to earned
§719,278
2,810,000
3,819,270
28,080,312
a
company's post-war
reduced
mos.)
the company
that
1943,
31,
Dec.
that
"The
1943
according
year,-
of
orders
Security
President, which added that the gross
while the net refund totaled $293,035.-'
the
cumulative
President, announced that
$14,106,362 in cash and
Kulas,
of
$2,235,000,
of record Dec. 20.
Similar distributions
April 1, July 1 and Oct. 1, last.
on
declared
Stockholders—Plan Approved—
In
that the balance sheet as of that date
liability.
The gross refund of $2,235,000,
Warriner said,, results in a reduction in gross sales for 1942 by
not
6,241,279
.
——%
lest
Warriner,
to
Warriner stated
Mr.
12,344,157
1939
the
•
Co.—Renegotiation of Contracts-
business
L.
amounted
refund
85,505
include
158,
have, been reduced to $2.91 a common share, from
previously reported as a result of. the renegotiation of profits
752,101
to
law.—V.
Trust Co., Boston, Mass., is informing holders of
income 5s of 1953 that there is still an unex¬
Master Electric
558,911
in
of
process
is
Earnings for 1942
3,376,771
'4,900,537
It
order
the sinking fund and that the trustee is therefore
ready to receive further offerings of the bonds,-r-V. 158, p. 1534.
4,803,455
History
due
The
review.
balance in
.5,369,298
1935.
deny
to,
and
of
refunding
and
1938
1943.
writ
Supreme
'•:;■•■
Colony
Old
first
pended
1937
(10
for
petition
the
to
go
; \
1936
1941
with
to
proposes
Massachusetts Cities Realty Co.—Tenders—
$4,632
$4,632
$2,313,973
„
—A—:
1940
Francisco from 7 cents to 6 cents,
in the event it declines further to
company
confiscatory
be
2363.
p.
the
matter
the
of
Court
years, which
to time by
Net Profit
tTaxes
•■'Net Profit
Net Sales
Year
1933
San Francisco—To Resist Fare Cut
advised
Cash
1935
M.
petitioning the California Railroad Commission
the recent order reducing the basic trolley and
in
fare
reflected in the summary.
determined and they have not been
1934
company,
a
consider
in
account
been
not
John
director;
a
issues
also
8%
total
payment
bus
1942 in respect of fixed asset accounts and the
related reserves and in provisions for Federal income taxes represented,
to
the extent of $88,529, net increases in the profits for
the years
1933 to 1939.
The effect of these adjustments as between years has
surplus
J.
a
unfilled
6%
Treas., Etc.—
elected
was
Marwick,
Peat,
the
on
E.
had
of
Treasurer and Assistant Secretary, was
and M. Montilla was elected Assistant
has
Mitchell & Co.
Entries relating to income
which appeared in the earned surplus accounts
for the years 1933
to
1939 inclusive have been reflected in the summary in
the years
in which the entries were made.
Adjustments entered in the earned
Messrs.
Jr.,
Place,
Market Street Ry.,
The
Years
Calendar
V.
for
1933 to 1939 inclusive have been summarfinancial statements included in the regular annual reports
from
the
share
holders
to
these
on
directors
holders of record Dec, 20.
full
The amounts for the years
.
basis
158, p. 1173.
Secretary.—V.
1:60,000 shares will be reserved for . issuance upon conversion of the
14% cumulative convertible preferred stock now offered.
Summary
the
On
elected, Treasurer and Secretary,
V<-
,
Louis
6,
Gonzalez,- formerly. Assistant
of dividend,
'
Dec.
On
time in one
redemption
price,^preference on voluntary and involuntary liquidation and In
certain other respects, all as determined from time to time by the
board of directors prior to the issuance of shares of a particular
shares
authorized
series
more
therewith.
connection
Manati Sugar Co.—New Secy. &
convertible preferred Stock now offered is
100,000 shares of preferred stock. The
%
remaining
or
in
issued
and the liqui¬
dating' dividend payable to the holders thereof as a result of the
purchase,-the proposed transaction, when consummated, will cost the
applicant approximately $87,089.—V. 158, p. 2254.
29
Dec.
made
The
and
an
cumulative
be
present ownership of the Portland & Ogdensburg stock,
agreement.
4 V*
of
part
interest
bear
will
securities
rate, of
3%, per annum and are
represented by notes of the company maturing not more than 90 days
from the date thereof,
the company having the right to renew such
notes
(not beyond Dfec. 31,
1944) unless an event of default exists
loans
■"These
2471
■
before Dec. 31, ; 1948,3 to $25 per,
. ;r
;,
Inc., New York; Registrar-^
& Co.
Co., New York.
P.
the Manhattan
Bunk of
' V
'
_____
THE COMMERCIAL & FINANCIAL CHRONICLE
-
-
-
•
directors
common
on
Dec.
stock
9
and
declared
on
the
a
$2
dividend
of
50
non-cumulatfve
cents
per
dividend
wage
Lines,'
Ipternational-Great Northern RR. and Missouri-Illinois RR.
amounting to four cents an hour, was made^ retroactive
The increase,
share
stock,
Approved—
increase totaling $1,349,880 a year was authorized on Dec. 3
by Federal Judge George H. Moore at St. Louis, Mo., for 15,000 oper¬
ating employees of this company and its subsidiaries, the Gulf Coast
A
to
April
1,
1943.
It had been recommended for
the nation's railroaui
'
by
1 £%
authorized
.As
the
to
permitted
Gulf
$119,940;
souri-Illinois,
,
$15,780.
On Acct.
Arguments in the petition of W. H, Eiggs, Counsel for minority
bondholders,- against payment of interest on outstanding
was
taken
under advisement by the Circuit Court of Appeals at Kansas
13.—V. 158, p. 2364.
City, Mo., on Dec.
"?
,
Amortization
—
Operating
Operating
$1,828,968
revenues
expenses
Federal
Other
taxes
taxes
531,012
488,286
419,374
Cr56,171
158,129
155,500
5,300,032
1,780,373
—
revenues-
on
on
Other
2,106,129
$6,763,330
173,516
int.
9,840
$564,609
$988,580
155.051
1,848,045
44.125
$5,947,684
1,865,398
$6,936,846
153,601
44,125
529.495
debentures^
and deducts.
Dividends
—V.
529.495
,
174,883
to
158, p. 2192.,
$3,004,892
directors
The
tions
and
16
$4
15,
Nov.
to
this year.
the four
per
91
95
series.—3.909
3.909
93.
$1.50
''-.■'■
scries
■
scries
series
B
E
each
series..
series—
with
.
of
-
,
a
.
Less
reduction
Federal
in
;
1,919,785
103,114
Less
profit after renegotiation..—.; !>$1,718,224
—
of
cost
renegotiation..—
100
91
'"-94.91
90
93.57
27.545
100
127.55
27.545,
4.158
—_
AI
——,
3.336
94.,:.
3.375
95
4.103
scries.——.,
series——z_._—
4.103
profit' of $2.03
net
represents
share,1'instead of $2.27 as
of $2.05 per
per
reported on-Sept. 20, 1943.
tThis represents net profit
suave instead ci $2.17 as reporced on Sept. 25,^ 1942.
■
Notes—The
two
fiscal
total
above
to
the
voluntary
in profits relinquished for
$3,650,000
addition
in
is
years
of
returned by
$3,548,083
contracts during the period.
In
the surplus summary,
published Sept. 20, 1943, an amount of
$150,000 had already been deducted for renegotiation.
Therefore the
net reduction in earned surplus amounts to $154,675 and the correct
amount of earned surplus as of June 30, 1943 is $5,897,270.—V.
158,
p.; 1280.
::
credits
billings
against
on
99.11'.
84
88.17"
4.585
-85
4.478
85
91
-94.42
4.09
87,
3.804
88
Operating
Operating expenses
Operating taxes—;
$3,094,517 $32,939,595 $27,958,680
$3,480,422
revenues—
2,320.336
719,646
18,320,816
5,600,498
21,680,750
6,97.9,463
2.020,204
—
651,561
'
income
Net
—-V.
$440,440
$422,752
$4,279,382
$4,037,366
299,783
income..—
oper.
283,255
2,813,628
2,671,478
*
158, p..2043.
H
interest
Munsingwear, Inc.—To Pay $1 Dividend—
dividend
A
of
made on
was
$1;
and
$1
23
Dec.
to
share has been
per
of
holders
record
declared
16.
Dec.
July 26, last.. Payments in 1942
23, $1.25.—V. 158, p. 893.
Dec.
simi'ar
were
4.422
4.422
100
104.42
1.132
3.132
98
101.13
11.955
It
Cash
as
announced
was
Dec.
on
Adding Machine
Y. says.—V. 158, p. 2255.
N
this
that
11
Allen-Wales
Corp.,
'
National Tea Co.—Sales—
„
:
and
has acquired the
dispatch from Ithaca,
homes
V.
boom,
Baker
Melvin
said
will
be
p.
the
built
of
—V.
in
stores
158,
■*•
oper.__
The
directors
with
H. Baker, President, announced.
plan was based on the expectation
annually for 10 years- after the
1942,
declared
have
and 10 cents
paid
cents
23
Operating
Operating
war
of
14
cents
Co.,
Pitsburgh
—
$890,217
V.
•
credit
A
for
"VT"
$20,000,000
credit,was
anteed
the
by
facturers of
capital
as
war
a
has
been, arranged
described
materials
result
making
as
Department,
War
of
has
Cleveland
of
.
and
to
terminated
lessen
war
The
$25 Million "VT"
announced
that
Net
'
agent
for itself and
Commonwealth
Manufacturers
six
Trust
other banks;
of
Trust
Operating
Gross
L025.901>
Net
60,800
730,000
721,600
751
790
10,101
9,427
$2,730,951
$2,448,032
Cr57,350
r
.
$402,451.
$211,447
•
,
.
300.
.
•
.
-
18
1,440
Pittsburgh,
and
on
int.
Other
bonds
mtge.
•
bonds-
deb.
deducts.
and
.
■■
61,875
61,875
National
Final
'
New
York
*
'
210,000
10.1^8
Cr 2G8
..
;;M24,57L'
r.ftCrl,296.:
Cr255
Dividends
•L~V.
Bondholders
distributions
have
man¬
New
Eankers
Trust,
York.—V.
210,000
120,348
at
transfer
the
statement
books
Pursuant
tion
for
to
the
on
14,
1943,
Frovision
the
series
di-tribution,
that
it
\«
necessary,
participation
Only)
in
from
■1943
" " '
2,022,393
2,073,937
$500,8.'>2
as--
$2,351,417
123,283
for
Fe^"rp)
$157,197
incomd——
Federal
'ncdme'".taxes'——
14,359.
of
y
)
\
—
of
which
date
System Output—
the
ord°r
certilicates
to
be
obtain
check
surrendered
week
ended
Dec.
this Association reuqrts electric .output
kwh.
This L an increase of 645,714 kwh., or- 5.28%
production of 12,237,1:2 kwhr for the corresponding week a
ago.
Gas
output
.....
is
reported
at
..
....
..
129%C5 mcf., a- decrease
of
2,313 mcf.,
.
on
Dec.
14 ruled that the
connection with four .trans¬
on
of
substantially in excess
T. & T., and ordered the
to its surplus account. This
books at amounts
its
the
property
to A.
to" charge $4,166,510
T,
as
were
"fictitious
.
cr
"profits"
Commission
described
to
N?w
A.
T.
implements,"
paper
interdepartmental
the
since
that
however,
subsidiary,
owned
wholly
The
.
said,
York company
&
and
transactions
within
the
as
amount
an
from
T.
as
are
the
unreal
T. ' &
A,
T.
"inflationary
A, T.
the. amounts so paid." said the
which results in the inehwion in
plant investment accounts of amounts based upon 'value' agreed upon
between a wholly owned subsidiary and its parents which are. greahu¬
man
legitimate net hook-cost to the transferor would nullify accounting from a regulatory standnoint.
Accounting, for purposes of
efficient regulation
of public utilities, must be' firmly grounded on
the cost principle."
FCC.
12,832,876
year
148,393
said, represents the amounts in excess of net. book
& T. of the property transferred.
been credited by A. T. & T. to its surplus
"profit" on the transfers.
A.
profits 1 from
itself.
$131,817
'
10,
99,377
writeup" of the New Ycrk company's asset accounts.
:
"There was and could be."no arms-length bargaining"between
25,380
$486,473
income "."taxes-^--^
Income—
' -.16,200
$1,305,643
FCC
the
Commission
a
was
.
162,672
253,322
•
$4,166,510. had
The
.
as
to
accounts
1942
$2,685,898
—
of
holders
following
certificate
of
issued
•
Co.
company
figure,. the
Distributions—
closed.
the
Were
this
b^^o^e
above
Dec.
Company
228,393
Telephone Co.—Directed by FCC to Wipe
book cost
net
York
New
■fr/ t;
provisions of the agreement under which participa-
business
(Parent
Income
———
deductions
Other
For
of
of
1942
JVfoS.
$1,372,089
25,654
Communications Commission
Federal
York'Telephone
499,100
12 Months Ended Sept. 30—
the
close
499,100
•
".
property from the parent concern, the American Telephone &
Telegraph Co., in the years 1925, 1926, 1927 and 1928 was "improper."
The
FCC
said the property transfers were recorded by the New
$1,414,697
:
1943—12
$113,152
14,424
$117,291
of
fers
Cr38,137
$1,656,616
.
Earnings—
1^43—Month—1942
.
158,
■.
45,932 shares of
2,968
York
transfers
'
authorized
^
accounting performed by this company in
Gas & Electric Association—Earnings-
income
Corp.—Final
the
United
$4,166,510 'Excess' Value in A. T. & T. Deals—Simi¬
lar Action Is Taken by State Commission—Company De¬
fends Its Accounting—
;
■
cost
New England
expenses
of
of
the
companies.-^
158, p.. 1941.
New
1940.
Total
Co.
of
owned
non-callable Central bonds,. The exchange offer will
158, p. 2256.
revenues—after deprec."
inc,
The
Net
been
preferred
to
applicable
p.
Total
participation certificafes at the rates indicated
They became payable on Dec. 15,
1943 to
record
158,
$313,151
stock—
$122,355
—..
National of Pittsburgh,
National,
Cha,e
Trust
*
'
member
director
a
Out
$2,449,358
,742,500
17,500
17,500
J "10,285
to constr.
income
Net
Net
■
also
privately
that as of Dec. 14,
announced
has
income—
V.
1,326
$2,732,391
■;
7,42,500
*
•
$402,469
$211,747.
income
on
2364.
p.
additional
an
is
He
several
of
'
Period End. Oct. 31
v
1,277,112
888,274
*
income
with four New York and
of
Pittsburgh, acting as
the First
road.
and
Harlem RR.—Stocks. Exchanged—
&
exchange for 4%
«,
v-
three
elected
been
this
2256.
p.
The, company
The
danger of frozen working
contracts.
This permits better
y
has
of
Corp.
common stock and 2,916 shares of preferred held by minority
/ stockholders had, been surrendered to the New York Central RR. in
the
Supply loan was concluded
Pittsburgh banks; Union Trust Co.
' "
■' :
competitive bidding
the bidders belrig
.
firms,
./ its
4,318,360
60,800
revenues—:
oper.
Other
"VT"
a
for the National Supply Co..
available private funds guar¬
protection for manu¬
National
to
Astor
directors
Trucking
158,
4,832,096
903,446
investments—-
Gross
planning for conventional conversion of production to peacetime
ufacturing."
<
New York & Richmond Gas Co.-
76,446
78,525
23,
Dec.
increase
"to
48
.
1943—43 Wks.—1942
344,959
'76,818
r-
—'
taxes
Interest chgd.
Reserve Bank
to
Sent
were
accepted.
On this basis, the average annual
the applicant will bg approximately 2.22%.
has been
New York
of
Federal
bids
for
proceeds
Jacob
of
States
.
1943—12 Mos,—1943 >
$828,096 $10,232,435 ;$9,662,805
461,876..
Property retirement res,
appropriation
Amortization of limited-
on
This
20.
on
Credit Arranged—
The
St. Louis RR.—Equipmt. Trusts
New Director—.-"V,
-; *■
1943—M.onth—1942
expenses
Interest
Supply
;
expire Dec. 31.—V.
revenues
Interest
National
the
John
board
,1,
share
per
last, 11 cents
158, p. 1640.-
20,
1942,—V.
of
and
Inc.,
.
$7,043,672 $48,670,898 $83,262,617
j^L-jj*.'*'" "**■
881 •
: 955
•
taxes
Federal
Other
million
ends.—
one
to holders of record Dec.
July
on
July 20,
on
dividend
a
payable Dec.
10
*-
■'
'invitations
cost
2049.
p.
National Investors Corp.—14-Cent Distribution—
the capital stock,
'
.
,
y '
•
-
Co.,
,
Nebraska Power Co.—Earnings-
term
compares
•.-
•
;;
.
Joseph, South. Bend & Southern RR.—V. 158,
■
Period End. Oct. 31—
Expenditures—
2255.
158,
from
interest
'
.
$7,123,366
/' :v'
spend more than $4,000,000- for plant improvements
additions
to
meet
the
needs
of an. anticipated
post-war
new
Mr.
•
1943—4 Wks.—1942 ' *
•
The company will
building
Joseph, South Bend—
authorized the, purchase by .tlie company of ths
3
the rate of dividends to be borne thereby in mul¬
tiples of Vs of 1% per annum.
In response thereto five bids repre¬
senting 33 parties were received.
The best bid, 99.39% and dividends,
based on a rate of 2s/a% per annum, was made by Halsey, Stuart &
•
No.
company
National Gypsum Co.—Post-War
Dec.
on
required; td name
,
press
a
;
1933
Period End. Dec. 4—
Co^Acquisition—
Register
ICC
ICC on Nov. 17 authorized, the company to assume obligation
liability-in respect of noi exceeding $2,025,000 2V8% serial equiptrust certiiicates, to be issued by the Continental Illinois National
and
interest from March 1,
p. 2076.
.
<■"■
was elected a director of the company
the resignation of T. Jefferson Coolidge.
caused by
The
;
'111.96'
100
March 1, 1933 ($121.46 per
bearing accrued -interest from
V.'152,
•
:
158, p., lG40.
The report of the Commission states in part:
certificates were offered for sale through
■/;'
,*
accrued interest from
$1,000).—V. 155, p. 264;
i
■•
Bank & Trust Co. of Chicago/, as trustee, and sold at 99.39%
and
dividends,irr connection with the procurement of certain equipment. •».
94.79
.
""Participation certificates
($93.96 per $1,000). t+Participatiori certificates bearing
1933 ($132.50 per $1,000). JtParticipa-.
certificates bearing accrued interest from Sept. 1, 1933
($102.50
1,
$2,471,771
544,586
ment
98.72
94
accrued
Dennett
P.
vacancy
,
bearing
299,864
-Cr39,801
The
and
■
-91
Sales
National
106.38
"
$1,000).
per
stock,
distribution
follows: Aug. 25,
98.57
100
*
($137.50 per $1,000). ^Participation certificates bearing
interest from Aug. 1, 1933 ($107.50 per $1,000). ^Participation
certificates
2,044,368
•■ •
the capital
on
A
98.7-2
95
3.791
bearing
and Dec. 28, $2.25.—V.
New York, Chicag:o &
93.14
95
6.38
the
2256.
p.
1933
1,
tion
90 v
2.718
certificates
^Participation
principal.
Feb.
:
interest (designated accrued interest and
amount paid on each $100 of designated
tTotal
accruing.
Cr51,150
t >*<
93.42
96.21
.
aggregate
of
account
Cr5,233
,
*.'?:l::
Mine of l'ailroad of the St.
i "91.68
881
3.139
2.bb~
307,003
•
:j
Dec,, 8,'Carl
The
;
96.56
3.717;
,
pV 1335.
158,
Purchase of St,
v
101.33
3.569
.
series—
accrued
payable
*
;
* 1,916,699
28,680
Cr2,236
fill
to
79.74
92
6.38
'
$4,776,202
-171,475
149,921 ;
21,090
and
'
4.56 ''
2718
series
Sept.
90.70
"
76
•
c
80.03
87
3.739
3.791
31,020
$4,079,093
mtge-'-bonds
on
int.
On
97.02
82
98:.
series.—
1,141
$386,875
New York Central RR.—-New Director—
81.34
•
93 ::
11.955
series
G
accrued
Net
=.
333
——.L:
Mortgage AN
*On
.
..
3.704
A series—
Investment
F
93,720
60,914
9,662
7,552
;
4.C3
' '3.569
series
Union
2,631
$4,771,860
4,342
$289,236
income
5Q cents each;
:
:
4.02
1.33,;.
3.717
3,189,797
3,757,598..
$4,048,073
.
'
91.80.
•.
77
4.34;
3.139
series.,.
A
:
,.,406,551
.
V $385,734
91.09,
-
•
93
Securities
£94,500
$286,605
revenues.,.
hd
89.48
3.421
:
3.211
series
2,655,232
2,950,509
V278,048
'fhe;.clijcee.tors. ,have;"<jeclared" 'a;.divi'dend of $2.25 per - share on the
par common stock", payable Dec, 27 to holders of, record Dec. 15.
Distribution^ of 25 cents" eac^i were made, May
Aug. 2 and Nov. i,
last, Payments during 1942 were as follows:: May* 1, Aug. 1 and-Novi 2,
5
89.59'
3.211
series—
'
•
-90
C
$3,104,179 $33,000,509 $28,052,400
$3,487,974
v
3.416
B
Title
89.80
86
3.68
Southern
10,419,314
4,337,853
3,020,187
100,993:
;;;•
259,373
New Process Co.—^To Pay $2.25 Dividend—
"95
3.416
—
386,250
96,79
3.797
3.739
series—
12,016,225
881,535
1,052,628
—^
':l>—
-
1943—12 Mos.—1942
$2,052,861 $27,179,936 $23,986,712
k
3.68
CA
7,848,215
Earnings—'
1943—Month—1942
deducts.
—V.
.
.,.98.00
^
94
series..
CC
B
*"••
'
98
.
4.56
Reserve
8,000,820
.,
Net ."income
.$1,2.0,461.
$191,953;;$1,906,541
Dividends applicable to preferred stockiv.^„^___544,586
96.64
4.114
2.00
847,568
'
$2,279,356
charged to- constr-..
Int.
93.39
.
series......—
CB
1943—10 Mos.—1942
1943—Month—1942
Period End. Oct. 31—.
'
—
series..
National
:
revenues
Operating revenues—!
Uncollectible oper. rev..;
scries—:
Mortgage, B' series—
.C
war
Mountain States Telephone & Telegraph Co.—Earns.—
•
series
Ky-2
expenses
taxes
Interest
•
..4.169
3.704
CTA
3l—•
income,' net——_
Other
...93.10
.
93
4.004
2
National
$1,315,003 $12,945,702 $12,493,465
778,591
appropriation,;
"
-
'This
51,654,312
12,537,226
98.38
;
89
<3,786
,
4.34
.
I
.
3.636
series...: .4.02; ,
Mich. 3 series——..——. .4.03 M
Mich.
:
•■97.34
"
90
3.388*
„
.
4.09
;
3.804
scries...
E
14,638,571
,
revenues
"
series
D
•
56,400,219
1,439,706
.
$1,314,900
—_
Net. oper.
Other
95.68
v'C'.se'ries.-!..'..I..v^.-^"''3.42L,;
.
5^295,687
1,404,168
taxes
Gross
.99.90
series.—"4.585
—......1—4.478
B-UNG
f
92
4.114
-4.169-'
series
series
B
v
-;
S 106.34
C
.93
.
103,753
88,798.
"101.81
100
3.677
series—.——.—3.636
3.786series.....
4.004
AG
;
97.28
.
98
6.343
*3.388-\
-.r—■
;
,
Property retirement reST
r
3.805
>
Other
88.05
•
94
3.28
;
1.805
6.343
Federal
95.16
80.75
.
77
..'84
4.051'
-
AH series—L——iu.
Mich,
Net
91, J.
3.748
3.375
series
5,757,205
158,. p. 2050.
-Period Ended Oct.
104.37.t--'
4.367
-3.336
series.
—
income
oper,
income
Operating
Operating
99.27
'3.899
series.—:
"
+$1,735,480
renegotiation
report
99,44
3.677
i.i.—
revenues
New, Orleans Public Service, Inc,
;
97.93
:
3.565
.
3.28
AF
1,838,594
201,562
of
annual
per
.'
.3.912
2.00
AD
AA
$103,114
cost
.
'
96.
,3.267
4.367
——...4,051
series..
BB
Net
96
Net
;
97.90
94
3,748
series
111,96
94
Mortgage'Security A series— 3*797 '
$201,562
Profit
3.903
3.929
'3.436'
'
*
4.158
series——.—J—'
8,774
,
$8,050,396 $83,984,492 $76,685,003
93.24
z_-_
AE
1942
3,048,438,
.■
90
series.—1
AC
$400,000
296,886
$3,250,000
applicable—L.J-.
tax
3.243
Mortgage Guarantee A series l, M—
AA series—- 3.899 s
.
War Contracts
1943
Renegotiation of
30—
June
—V.
series.
Mortgage Bend E series.*.!.
F series—.—
with the provisions of the
Appropriation Act have been completed for this cor¬
following results;,
.
Result
Net
107.56
100
"
the
Ended
Years
122.02
100
'
$410,351
Relinquistment of profit by renegotiation......
100
7.555
D
proceedings in accordance
Defense
11.96
C
•
;
S8,476,273
112.96
22.017
B
of Profits On War Contracts—
Effect of Renegotiation
100,
-L—i .3.565
!
Operating
7,555
3.912'
.1
11,473
f
,
,
Operating expenses
Operating taxes—
•69.44
,
22.017
seriesz__L.._._—'u.1
A
12.962
3.267
series.
series__._u:
D
/
;
66
-12 962
' 3.436
Mortgage A
.9,0.40
; ,103.17
100,
3.903 /
—
series—
C
■Uncollectible, open ,rev,„i.
'
3.167
3.243
ser._
Co.—Earnings—
1943—10 Mos.—1942
1943—Month—1942
$8,487,746., $3,059,170 $84,073,290 $76,788,756
revenues—L
90.51
-
-
..•_v.
series—3.929
.
Operating
96.81-
...
,,
3.438
B'"series—u.i " "-i,--/'"
distribution of
v
,
Period End. Oct. 31—
11.96
A
.
New England Telephone & Telegraph
"!;
91.90
•
87
3.167-
...f._■
Securities
Investment
96.91
,
87
3.402
.95.17
94
3.507
i..
....
—
of
,
.98.25
•
88
2.808
,
3.438
series
,
divid^'-'d
a
dividend
a
..
:
'
Instalment Mortgage A
B series—
D
paid
3.902
if,./ 3.902.
Mortgage all series.,, 2.808
Title A series.—if..,
3.507
series
.........—i_.z
3.402
15, Aug.
share
per
,
Guaranty
B
and
97.70
94
3.247
Home Bond A scries.—.—
:
directors, have .dec,<""1d
'
Franklin
..
Renegotiation
91,33
4.165
Distribu¬
(48Va cents per share)—
poration
87
3.247
:
<—!-
AB
National
104.21
4.326
3.701
series...
F;> series.—
Earnings for Quarter Ended Sept. 30,
earnings
102.44
100
,
Pay Dividend on
of $1 per share on the 67» ■
33'/a cents per share on the $2
jjrejterred StqcK, botn payable; on account of accumulations on Jan. 3
to. holders of record Dec. 18,
Like amounts were paid on these issues
in each of the eleven preceding quarters.
Arrearages as at Oct. 2,
1943 amounted to $11 per share on the 6% preferred and to $3.16%
on
the $2 preferred stock.—V.
158, p. 2364.
; 101.21.
100
3.701
D
1943
Gross earnings
——$2,757,910
Voluntary credits against billings on war contracts
596,565
Provision for Federal taxes.—1,525,994
Reserve for fenegotiation and post-war adjustments-—__
225,000
Net
95
2.438
.4.213
i
series.——
Meline
.
6.206
1.206
4.213,
series..—.4.165
A
The
-101.33
C
Home
Preferred Shares—
100.51
95
.
New England Power Association- -To
-100.43
B
Motor Wheel Corp.—First Quarter Earnings—
■
94
94
6.33F
1.331.
-2.438
series—.—
Investors
of
dividends
during 1942, the company on Dec. 23 made a
share on the common stock.—V. 157, p. 556.
quarter
98.99
6.511
series...4.326
Federal
or
100.03
<
C
C
stock, payable Dec. 15 to holders of record Dec. 9.
made on this isiSue on Feb. 15, May
addition
In
957,534
$1.50 each were
of
94 "
93
6-464
>,464.
v
.
for November is reported as 569,238 mcf., an increase of
7.07%: above production ■ of 531,648 mcf; in the cor¬
a year ago.—V. 158, p. 2364.
;
mcf.,
responding month
preferred ,,stock
certificates; 5.00- *•.
^Participation certificates.' 5.00
Empire Bond A series...
share on the
decalred a dividend of $6 per
8
Dec,
on
$751,117
Machine Co.—$6 Com. Div.—
Morse Twist Drill &
common
100.03
6.028
.511
.
,,
t+Participation
547,899
$4,384,423
preferred stock—.—957,534
•'
'■
38,287
7,132
$359,751
——
applicable
94
5.988
-
6.CO
6-00
certificates.1
*
.
year ago.
Gas outppt
Funding C series
C
income
Net
91.90
107.34
D
bonds
mtge.
88
100'
6.032
0.28
,
* •
•;
Year Ago—
a
Nov. 30, the Association reports electric output
kwh. * This is an increase of 4,360,992 kwh., or 8.587<»
production of £0,830,211 kwh. for the corresponding month a
55,191,203
above
>'/e "
f/o
7.336
-.032
6,00
5.988
"Participation
certificates.
Central Funding D series
•■; .•
$5,940,653
7,031
13,848
income
Gross
Interest
2,076,332
$978,740
net-—
income,
Interest
179,125
of
8>aZ v, i
of
•
B
reserve
V#
•
Total
37,590
6.00
thji corresponding week
in
the month ended
For
tGrand';
Paid
3.895
"
169,692
depletion
Other
1,885,702
&
Net
oper.
5,618,403
4,555,646
5,792,341
—
retirement
Property
$20,106,533
$1,745,480 $21,712,408
»—
*_
Funding
^Participation
1943—12 Mos.—1942
1043—Month—1942
Period Ended Oct. 31—
y.
,,
B series
Central
Central
,
(& Subs.)—Earnings-
Power Co.
Montana
.
■
certificates.;
certificates-
fparticipation
^Participation
ously
7.336
series......
A
Funding A series'
Central
,
incf,
n
.
November Production in Excess of
Previ-
.
Total
%
'' %
'
3.895
1
series
B
Alabama
„
below production of 142,248
' ■ 'i■
•',
ago.,
'
of Int.
Principal
Series—
r
f
,
.
'On Acct.
of
<
Interest Petition—
/
-
%
year
To Be Paid
,
the following amounts w:ill be added
annual payrolls: Missouri Pacific, M,0oJ,432;
International-Great Northern, $124,728; Mis¬
railroads'
four
Coast,
1.63
a
•
■
Monday, December 20, 1943
or
Street, New
agent, Manufacturers Trust Co.t .45 Beaver
paying
York 15, N. Y.
.
Court,
the
by
the
to
1941, up to the
board to bring wages since Jan. 1,
under the "Little Steel" formula.
emergency
an
full
FINANCIAL CHRONICLE
THE COMMERCIAL &
2472
arcl
New
"Any
York
method
with
of
respect
to
accounting
State Commission Also Takes
The
by
the
New
New
York
York
Public
Service
Telephone
Co.
Action—
Commission
of
what
has-ordered
the
elimination
Commission
terms "a
15 years ago,
about,
\,t
,•••;-
equipment
with
of .assets" -in" • connection
"write-up
$4,160,510
chases
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4239
158-
Volume
segregate
'
;held
Commission
;
the
Northern
;its
for
books
the
on
available
bookkeeping
that
earlier)
be
date
ever
pur- ■
•'
,
entries ' involved • in the
transfer of toll lines and other equipment by the' A. ,T. '&/T, Co,
\yere improper; and in violation of the Commission's accounting rules. ,
Asserting, the equipment' was* transferred at prices totaling /approxi¬
mately $12,600,000, the Commission fjaid this reflected book profits*
of about $4,166,510 credited to surplus by A, T. & T. and,' conversely,
a
write-up "on books'of the New York company of that amount in
The
r
declaration
States
.
of
$806,517
its
surplus
its
on
(Minn.)
Co.
Power
earned
of dividends
will
not
as
Pacific Mills (&
being
stock.
common
9 Months Ended—
!
Subs.)~Earnings—
Oct. 2,'43
.
♦Net
profit, estimated
tEainings per share—
That Northern States Power Co.- (Minn.) waive all' interest due
on
said Indebtedness for the period from Dec. 31, 1943 to June 30,
1944.—V, 158, p. ,989.
.
*
2473
(3)
♦After
■
depreciation,
provision
Oct. 3,'42 Sept. 27,'41
t$l,335,800 ' $1,172,000
;
$3.37
$2.96
-
——-
$1,413,150
$3.57
•
for
Federal
and
income
State
taxes,
.
of
excess
book valhe on
the
& T,.
accounts of A. T.
,
Public Serv¬
mentioned accounting case,
York Telephone Co. issued the following state¬
'
\;
; "• 'l
•'
■
ment:
The
the
of
two
of
FCC
the
is
'
-
"-■?'>'!,
•
Earnings For October and Year to Date
1943—MontJj—1942 '•
Period End. Oct. 31—
•
■'
Operating
•
Uncollectible
oper.
Operating
Operating
Net
Net
—™.
2,386,930
2050.
158,, p.
!"' / /
: ':• ;
V .'
lor
tue
ox
',:?
••
distributions on the following
that
Series
-r
Income
1-LMG 101399
.020475
.009316166
.009316166
has
He
Treasurer.
p.
Park,
158,
Net
Net
The
158,
The
years.
2 'ic
was
owing
that,
*$146,728
$0.16
—
share-™™-■
.
and
/::/
•
,
*On
i
-
per
15,000,000 shares of
Sales
for
$811,464
983
$902,416
and
53,826
563,247
182,953
127,437
$156,216
Co.—Earnings—
1943—Month—1942
signed
U.
the
to
the
by
'
to
pro- •
'
$268,971
$4,000,331
held
$172,055
U. S.
114,938
'6
160,412
112,879
1,687,881
Maintenance
Fed.
inc.
taxes
&
58,210
32,423
574,080
.
excess
liabilities
♦Includes
——j—.
$5,157,610 $55,493,980 $48,987,833
158,
6,690
63,669
3,061,300
1,281,416
91,015
45,256
919,785
!
58,355,017
Miles
17,818
299,550
7,598,367
•
Other
610
36
3,941
$59,629
$522,975
the
December
Marion-Reserve
17
on
13,391
196,935
Int.
lien 3s
1,562
1,876
20,029
Power
consisting
Co.,
The purchase price for the stock
$2,550,000
if
purchased
thereafter
sell
and
the
of
before
on, or
1,163
9,686
Dec.
to
Cities Service
Power
Light
&
stock
Co.—V.
of
158,
to
Marion
2050.
p.
♦After
America
$43,197
income_„v.-^
Interest
Net
collat.
Hens—3^
and
'
•
the
Net
'.
T;.. " i
W,
J:
loss_
:
shares outstanding,—V.
158,
/,••;"
♦Net
profit
Earnings
declared
2v
•,
.
Capital Corp.—V.
9 Mos. Ended
158,
'
1941.
p.
Operating
expenses
:
Federal
Other
♦After
1943—Month—1942
$422,800
57,284
of
245,428
43,218
Cr28,953
38,575
•
$5,015,318
2,752,101
310,335
573,249
2,920,474
563,647
33,763
—2—^
532,260
,
Federal
Other
300,000.
25,000
25,000
or
Federal
income
39 cents per
shares.—V.
153,
p.
taxes.
$78,153
$142,750
$1,079,609
5 881
profit
™—u™-
profits taxes
excess
$1,082,925
int.
Other
and
.
>•'■'
268,000
268,000
•
22,333
•
9,450
Consolidated^ Mines Co.
Sept, 30—
9 Months Ended
sales:
I U/i t
——--
—.-rj-i (
3,301
47,413
Crl
charge^ to constr.4
••'"
-••
1942
1941
$790,394
$778,473
15,642
14,547
80
14,862
1,303
$1,257,890
$806,562
$797,278
1S43
,
Power
(Delaware),
Co.
balance
account
Northern
of
J
.
■'
to
installments: due
is
334,242
334,209
or
the payment of-$806,517,
before
Dec.
indebtedness owing by Northern States
States
Power
Co.
(Minn.)
until
June
30,
31,
1943
Power Co.
1944, by
on
$2,201,556
State
$1,939,035
$185,985
$241,391
19,339
233,519
273
Dr36
4,768
de-•
•
j—/
to
$260,694
$2,439,843
'1,025,000
$2,168,921
1,025,000
239,550
shares
•
'
351,850
.
J
'
-
.
85,417
con-.'
18,039
25,698
.
—1
-
'
income—^—^---1 •
$102,382
to p'ref.' " '
"•
Crl,277
Cr926
$1,176,219
' "
share
on
2,901,864
capital stock--—
30,000
22,000
.
—
Dec:
Increase
$1,362,262'
186,630
$156,046
$1,175,632
106,725
$182,799
$1,282,357/
$239,209
$992,833
Total /i,™—-;-.——
at
50,314
mine——__
$1,043,147
working capital——
Net
$0.06
Capital
31,'42 Sept. 30,'43
$1,206,216
liabilities■—————213,383
Supplies
$1^2,672
$0.04
*26,753
56,411
458,473
158,
p.
1074.
Peerless Cement Corp.—Earnings—
9 Months Ended
Co.—Earnings—
1943—10 Mos.—1942
1943—Month--1942
23,500
$8,982,861 $38,652,972 $83,509,441
23,500
217,700
302,818
revenues-,- $10,315,183
$8,959,361 $98,435,272 $83,206,623
rev;_:
$82,807
.$0.09
*.
assets
'
.
Period End; Oct., 31—
oper.
2,034
$197,159-
_—
♦Decrease.—V.
-t-:
Pacific Telephone & Telegraph
Uncollectible
8,310
Current
$793,343
458,473
$149,579
-
1769,
27,127
.
'
p.
22,503
60,069
Current
applicable
158,
34,500
.
estimated-™.
Comparative Statement of Net Working
;
struction
Div.
income-;
tax,
per
Dr635
—.
85,41.7
charged
622,607
$174,672
taxes,. estimated—--l.--——
Net,"income'
230,521
$205,888
and
672,094
$134,468
estimated—J,---.,—
income
Earnings
mtge. bonds;
interest
957,852
-♦Net
income
Outstanding
Sept. 30—
——
common
:—
—-
1943
$205,192
shares.—1
Earnings per common share—
♦After
all charges and
310,062
" $0.66
1942
1941
$256,803
310,062
$324,608
309,827
$0.83
$1.05
taxes.—V. 158, p. 1176.
the
Operating
(Del.)
which
contemplated
ppsition of said indebtedness; will be acted upon, by the Commission:
"(2) That" pending action on the plan or until June 30, 1944 (Which-
192
of
income—1—'
on
ductions
(Minn.)—To Extend Notes
postpone
on
operating
4,253
$300,038
taxes and miscell. expo
Depreciation,
J
that a plan' filed pursuant to Section 11 (e)'
of
the Public Utilities Holding Company• Act for" the dissolution of.
Northern States Power Co* (Del.); which plan provides for the disit
411
Operating revenues-._L.J_ $10,338,683
(!)
812,450
700,000
58,333
19,628
(net)
oper.,
Federal
——-
Gross
Int".
been filed with the SEC by Northern States
and
Northern
States
Power
Co.
(Minn.),
the following:
companies propose":
Mine
r'~-
'•
■"
lease
income
Other
Cr315
.
regarding
.The
58,333
income
581,983
re-
stock3
declaration has
537,817
miscellaneous
Total income
•
Interest'
—V.
joint
718,870
554,416*
•
'
*
from
Other
1941..
Northern States Power Co.
$ 6,931,782
3,060.305
and
Net
revenues---"
oper.
Net
$43,927
Net income •_———2
applicable to preferred stock—._•>.
Dividends
p.
50,841
Crl06
.;!!
158,
3,070.075
.
51,128
Rent
-Earnings-
$1,241,368
investments——
from
Income
$7,245,323
Cr58,914
$537,811
$694,244
$2.14
$2.79
deducting po'tt-war
stock excluding 6,285
158, p.- 2365.
by subsidiary.—V.
Utah
Park
'
'
1943—12 Mos .—1942
268,101
*
51,546
approp.———
investments
Rent
-113,400
107,100
5,650
8,925
deducts.
59,556
1941
$1,388,486
694,242
(and in 1943 after
tOn 243,683 shares; (par $1) of common
credit).
shares held
of^ limited-term
•
•
Gross
284,795
\
*962,000
$960/281
$3.87
!
share—--
common
per
3,316
$1,078,678
333
$78,486
155
$142,905
22,333
net-—-
income,
2Interest on mtge; bonds
Interest oh debenttures
income,
Other
$1,072,797
_!!_'—
retirement
serve
Amort,
Net
24
-
-
tOn average
1073.
$560,041
$640,215
--
v
1942
$1,499,811
Sept. 30—
1943
charges--—$2,882,002
inc.-and exc. profits taxes*1,921,721
♦Includes
share on 225,000 shares
1943—Months—1942
expenses—a2
300,000
:
18
Net oper. ..revenues.--
to
407,852
taxes—-
plant
open
tOn
taxes^._—_^2—
Prop,
2
•
investments-A*.'
term
date
outstanding
revenues
Operating
1942—12 Mos.—1942
256,890
—-
taxes
taxes
appropriation
the
shares
for
1942
$906,271
4$ 1.72
Pacific Power & Light Co.—Earnings-
Amortization of limited-
.
t$0.25
common
provision of $150,000
Operating
$5,389,196
other charges, and pro¬
and surtaxes in
Tilford, Inc.—Earnings—
&
tEarnings
1943
*$203,932
•
.
.
Ore
Property retirement res.
A
Sept. 30—
Period End. Oct. 31—
,$437,024
revenues'^;—
;
and
depreciation,
$569,693
$0.79
$1,159,753
$1.60
•
—
'
profit alter charges^——.
Earnings per
.
period Ended Oct. 31—
—V.
normal
1942
1943
——-
—
"
158, p. 2050.
Operating
Int.
:/
1
30—
$1,774,494 estimated normal Federal income
$347,400 in 1942.—V. 158, p. 775.-
Park
Pacific Finance Corp. of Calif.—Earnings—
Northwestern Electric Co.—Earnings-
•
v
share
common
interest,
of
and
Federal
General
from
(& Subs.)—Earnings—
Proft after
Old Colony Investment Trust—To Liquidate—
outstanding.
74,910
resulted partly
loss
■'
——
per
♦After
$285,133
$274,598.
$122,963^
the
that
Transportation Co.
Parmelee
2365.
p<
99d.
A.—Earnings—
!—
stated
President,
Smith,
1074.
p.
1942
$2.85
accruals,-
reserve
p.
•'
Earnings for Six Months Ended June 30, I94J
operating
W.
The provision for Federal
$2,433,618 as against $1,042;-
was
extraordinary legal and other expenses in connection with the conver¬
sion of its concession to the 1943 Venezuelan Petroleum Law.—V. 158,
Earnings—
share-
common
per
retirement
period
t.On the 4,702,945 shares of capital stock.—V. 158,
•
/■
1943
1943
1941
$2,746,944
$0.58
1942
$2,180,119
$0.46
.
Manu¬
.'
:
share
Pantepec OifCo: of Venezuela, C.
price
2
& Light
from
1943
$656,226
$0.14
——
for
income
OPS proposes
Power
(& Subs.)
:\'v;■;//!:'/ ' '
common
■
1943
number
the
connection with Pan American
the Canal Zone, this
by
9 Months Ended
28,024
21,675
•
'
income
Dividends
—V.
1st
on
$27,070
int.
inc.
bef.
and,
the United States and
157, p. 2352.
between
—:
1942.
vision
Net
11,799,941
1,099.358
affiliate of W. R. Grace & Co. and of Pan Amer¬
an
Sept. 30—
per
'.;
//
2,637,807
$3.72
$313,158
Balance
Airways, Inc.—Mileage Flown—
charges and Federal income taxes.
on
006 in
3,509,816
See
36,804,165
Government
1,139,774
profit
taxes
is payable in cash
31, 1943, and if
acquired
be
V
\ ;
revenues^-.--,A,_
.ihconie_»_2A,,A_^2;a2_A2--*-22_,,2-^2;'
22.„_2___
income 2——
:
,_2—._22_r^2A_
t550,000
12,716
$296,273
performing
14,161,472
well.—V.
tEarnings
of 330,000
to May 1, 1944, the purchase
the rate of $10,000 per month,
prior
and
common
Trust
tEarnings
26,539
568
coll.
1st-
on
in
Sept. 30,'43 June 30,'43 Sept. 30/42
South
of
3 Mos. Ended
♦Net
$11,437,038
149,127
equip, notes, etc
on
Int.
use
.1,161,047
service
as
Net
Depreciation
to
flown..-—15,081,504
—Earnings—'
declaration
a
2,159,820
$501,541
16.201
.A—i-'
income
79,018,928
.
57,672,455
Pan American Petroleum & Transport Corp.
3.019,186
1,153
$45,403
income
Gross
94,871,471
5.731,822
10,229,175
3,593,982
11,884,251
104,149,107
678.
p.
.corporation,
coast
$12,959,693
$500,388
$519,034
$59,592
1,610,056
Airways, maintains frequent schedules uniting countries along
west
206,468
$44,793
Operating income
1941
1942
12,245.695
flown
This
ican
$7,835,000
7,939,269
miles
Passenger
29,413,896
11,738,932
32,643,503
14,495,460
772,102
!
800,533.
;
12 Mos. End. Oct. 31—
293.946
25,919
•__
Gov¬
4,009,600
125,503,204
Quarter Ended—
$814,094
$848,539
::' }
hearing
a
$5>,
(par
♦After
—,..2
.
Other taxes
the
,
.
restricted
Pan American-Grace
96,909
Net
294,117
.
by
$5,164,300 $55,557,649 $49,084,742
$5,758,726
' 3i365,131
1,525,056
.
$10,673,724
contracts.—V,
prices
contract
.
.
*
■
assets
:
to acquire from OPS, 15,000 shares of the common stock of
$100>, and to pay for said stock the sum of $1,500,000 in
cash.
OPS proposes to use the entire proceeds received from the sale
of said stock, together with cash in its treasury, to pay the purchase
prof.
war
14,056,200
Canadian securities—•
and
Inventories
♦Gross
1,097,904
1942
'
1943
(par
price
on
not been executed
.
*$29,365,978 $50,983,217 $35,692,825
_.
Airways
of
stock
facturers
$2,3.92,824
Operation
.
Sheet Items, Sept. 30
Balance
Cash
$5,767,094
8,368
Operating
$ <80,351
has
but
Public
issue
OPS
1943—12 Mos.—1942
1943—Month—1942
Government
S.
company,
v,
.
1943—10 Mos.—1942
Subject to consummation of the above transaction,
(21
$1,770,838
$0.11
tAfter deduction of $1,476,-
capital stock,
510,989
589
98,011-
$3,272,376
$0.21
billings
refund
a
was
$810,481
22,474
$2,575,185
804,347
for the first nine months of 1943 totaled $251,874,429 against $145,577,628 in like period of preceding year.
The
report states that a supplementary renegotiation agreement
1,131
$28,343
1941
1942
590 for post-war tax refund!
Current
—
'
1767.
$9,548,376
6,276,000
$3,049,274
$0.20
J
share--
common
9 Months Ended Sept.
revenues.,—
1943
profits taxes- tl5,088,000"
exc.
profit—
♦Earnings
156,
$82,763
*
Oklahoma Natural Gas Co.
period End, Oct. 31—
'
$18,137,274
Federal inc.
ended
vear
1943.—V.
$903,547
105
v
Nil
158, p.
(& Subs.)—Earnings—
Sept. 30—
Profit
proposes
.
Operating
1
1,000,000 shares of capital stock,- -V.
9 Months Ended
1943—10 Mos.—1942
.
$82,868
-
v
increases each day thereafter at
(& Sub.)—Earnings-
North Texas Co.
11,000
tax_—
common
tOn
♦Loss.
2050.
p.
purchased
dissolution
the
to
$162,210
$0.13
—
income
profit
Net
the
in
11,472
income.2—
SEC
is
and
Electric Co.—SEC Asks Disso¬
announced
$128,517
Net
for
tEarnings per
filed with
it by Ohio Public Service Co. and Cities Service Power & Light Co.
regarding the following transactions which are summarized as follows:
(1) Subject to conditions specified in a
contract dated Sept. 10,
1943, between OPS and Manufacturers Trust Co., OPS proposes to
purchase from Manufacturers Trust Co.. all the issued and outstanding
>'• *",;S
has
101,985
nation
interest due Jan. 1 on the 6% cumulative income debentures
will not be paid.
Last interest payment on the debentures
on Jan. 2, last.—V. 158, p. 2364,
•
;
'
1949
of
89,468
Service Co.—Hearing on Proposed Pur¬
chase of Marion-Reserve Power Stock—
.
company
ceeding,
103,007
Provision
i}
revenues
oper.
Ohio
plan for dissolution of the company.
The plan was
the SEC on Dec. 3. A court hearing on the application
scheduled for Jan. 10.
1
•
: v
A.-.
been
*$44,743
capital,
on
$17,079
-
income.—-u.———
—V.
approved by
has
$251,678
■
the
of
terms
139,845
$242,535
:
Interest, etc._—
162,500
taxes
$67,300
'-
54,126
Operating expenses '—
Operating taxes....—
and
in
District Court
97.500
profits for
and
v
20,8J4
__
2050.
Operating
Exchange Commission has petitioned the U. S.
Delaware for an order to enforce and carry out-the
Securities
*$184,588
133,594
$345,783
!v-V.'
$92,039"
revenues—.,.
Uncollectible oper. rev..
shares
The
and
117}-
■••/'.
-income;!..
p.
common
lution Order—
$219,924
/
$92,156'
Operating
2193.
North American/Gas &
$118,084
102,556
•
.
97,500
-1943—Month—1942
rev.;
expenses
Net- oper.
—V.
elected an
nine
past
the
for
$139,978
A
—.
income
3,939
■
..
:•
::
.
revenues
Net- -incomeu i.
Official—
J... has been
N.
Cashier
been
1,551,839
U* S.■ tax notes..-——™-
be
Ridgefieid
of
Jensen
F.
158,
•
Operating taxes
redilced as of Dec. 31, 1943 to thess
& Mtge. Co;.
JLawyers Mtge. Guarantee
SBond & Mortgage Guarantee Co.—V. 157, p. 2452.
Harry
3,964
;
in-
$51,000
oper.
Operating
900.68
—V.
$1,367,251
1,233,707
11,732
income
Oct.'31-y
revenues-^./-
900.68
.020475
Assistant
$1,351,791
1,754,714
ernment,
944.21
JBMC 2073S6—
Niagara Hudson Power Corp.—New
62,425
to
'
Uncollectible
932.50
SBMC 207468-——-,.
Co.
80,474
53,478
1941
1942
$1,894,692
Current
2'it- "■
$1,000 certificate will
amounts.
INew York Title
$500,414
87,252
on
Ohio Bell Telephone
§BMC 208290
♦A
$364,593
for taxes
1
Operating
868.03
.008292738
' '$414,970
,
Period End. Oct*. 31—
.121970268
2±*'t
-
——
46,90.7
1943
royalties—-,—-—
Profit
Ohio Associated Telephone Co.—Earnings—
V '• '/; ■
.00500065
.025831294
-
10H99-
.00715747
36,597
after
Total income
amounted
1942,
1956. ;■
p.
* Unpaid Aiii't
Reduced to
$853.46.
Rate.'
113/64';
—
.
September,
r
Principal
,
Rate
.
+NVT C-3
tf MG
1943:
year
'•
,
36,441
79,551
66,772
-
■-'•• Note—Provision
York, N.vY., on Dec. 14
series are contemplated
P. Burke, trustee, 55' Liberty St., New
t.iU
cue
.'/ •, '"•'• /
'. '_ • ; /
488,930
.transfer/; registration,. interest,-.discount,
administration and, miscellaneous expenses.. .„
Co.—Distributions—
New York Title & Mtge.
'•Adrian
announced
23,970,627
2,100,307
619,593
♦Stock
25,744,650
20,875,423
28,749,069
2,671,178
2,930,532
income
—V.
:
income-..
oper.
592,218
Net
Other
'^™.;™2/™_^-A/r;™_
Dividend
12,970,996 131,065,711 127,162,594
4,746,147
50,989,779" 43,194,869,
Operating taxes
'
$1,036,253
' prohts/AA; $264,683
and
come
Operating
20,388,321 210,804,559
5,542,073
profit
income
Packard Motor Car Co.
•V'i
196,102,113
21,790,103
-
$1,017,784
•
Operating
396,123 shares of capital stock.
taxes and $750,000 for con¬
tOn
for
Expenses, taxes, depreciation, etc.—
milling;. gen-.,
Period End.
13.317,498
revenues
expenses
$1,043,630
expenses-/--—
Net profit, subject to taxes on
--
,
22,892
department expenses—'™.
Outside exploration written off^.i„_ V,'
-
'
$
" 1 ■' '
24,983
Field
20,450,503 211,232,547 196,640,78562,182
427,988
538,672
21,827.481
rev'.-',.
37,378
:
revenues
Mos.—1942
$ '
1
30,022
.
Development other than operating/-
^
1943—10
•
$
1,841
.Reserved for depreciation of plants-
.
-
$965,819
3,308
-
.
•
etc.
$8,043,800
9 Months Ended Sept. 30—
$989,486
*5,810
■**
'
office
and
of
158, p. 1176.
Pacific Western Oil Corp.—Earnings—
45,702
mining,
Dave oprnent,
•' '•>/-•'' "'*'
The case involves the accounting by the. New York Telephone Co.
for certain property which "it purchased' from the A. T. & T. Co. .
during the years 1925 to 1928, and which it required for the conduct
of
its business in New York State. - During this period both
com¬
panies were under the Jurisdiction of the Interstate Commerce Com¬
mission, which had prescribed the method by which telephone com¬
panies should account for such purchases. On Jan. 1, 1937 the FCC .
substituted, its own system of. accounts for that of the ICC.,
It is the. contention of the Telephone company that" its" accouning
for the purchases in question was in strict accordance with the system
of
accounts of the ICC' in effect
at the time of the purchases.
It
further contends
that, the, prices
paid for the property were faiv
and
reasonable
and
were
so
determined by the Federal Court in
New
York
in
1929; When
the Court included this property .at. the.
prices paid, in its valuation of the company's plant for rate purposes.*
Most of the property involved in the purchases has been retired from
service..
11
'
'
•
•"
: -Further action by the company will be determined at a later date.- ;
*23'.last ••■;.
June
on
11,333
revenue\--^i_Vo^li-'--i.i2-ta.-'
Total
contingencies,
$977,152
11,562
-
received
Dividend
,
$1,001,048
$1,007,798
#et bullion :revenue,|-_il!._'_^-_:Ji
a
1941
11.379
t
Net
confirmation of the proposed report'
commissioners who heard the case, which, was made public
decision
$1,019,197
proceeds,- sale of Arseniczi-_i_--i
interest on invest, and .deposits/-L4
ice Commission in the above
1942
1943
•
reserve
tingencies.—V.
"
Sept. 30—
' *
Prod, of bullion; sold and on handMarketing expense's
Years Ended
nications Commission and of the New York
the New
tAfter
O'Brien Gold MiUes, Ltd.-^ •Earnings-
;.
of'the*Federal Commu¬
Commenting on* the decisions
for
reserve
Operating
expenses
.
6,738,371
■
Net
Net
V.
oper:
income— J .' $1,285,669
income_i_-^_J
158,
p.
2051.
•
64,535,138
6,150,313
1,632,180- 22,014,440
Operating taxes-—2,291,143
,
971,6201
56,498,117
15,523,745
$1,176,868 $11,885,604 $11,184,761
883,685
*
16,425,340
15,952,257
;
Pennsylvania, Ohio & Detroit
RR.—Definitive Bonds r
that definitive first and refunding mort¬
gage, series D, 3%% bonds due July 1, 1968, are now ready for delivery
upon surrender of temporary, bonds at the office of the Treasurer of
the Pennsylvania RR. Co., Room 1846, Broad Street Station Building,,.
Philadelphia, Pa., or 380 Seventh Ave., New York City.—V. 158, p. 775.
The
company
announces
in
President,
Clement,
delphia,
letter sent to
a
1943.
The
e
as
"
.
13,
payable Dec.
share,
per
'
the
to
public.
"The Pennsylvania
seeks
neither
accessorial services
"The
,
It
to
no
rail
N.
RR. was one of the originators of transconti¬
but today it is not financially interested in any
one of the originators of good bus service.
Its present
air lines.
It was
in bus transportation is a half-ownership in the Penn¬
sylvania Greyhound System, a system that is operated by its own
management, with routes confined to the territory served by the
Pennsylvania RR.
.
"As to trucking service, the policy of the Pennsylvania RR. i^ to;
to
interest
only
'""The
>Net
RR. is confident that rail transportation will
and survive the competition to be expected in the
future.
It is sure that no other form of transportation can Supplant
railroad transportation unless unintelligent regulation, excessive sub¬
sidies to competitors, or inequitable taxes shall overburden the rail¬
roads and deprive them of their opportunity.
Considering their re¬
markable
performance in this, the country's hour of transportation
need, it is unthinkable; that the American people will not see to it
that the railroads get fair play in the years ahead."
Earnings for the current, year, stockholders are warned, "will notbe as favorable
as
those for 1942, due principally to much higher
taxes."' Continuing the policy
of meeting maturing obligations out
of available resources/ the message states, $46,000,000 of such matur-v
ities have been paid in 1943.
1
The dividend
payable on Dec. 13, amounting to V.'o
on the $50
-Pennsylvania
profit
158,
1537.
p.
"
'
'
2051:
p.
Taxes
in
&
893,993
1941
$239,073
p.
$2,168,304
27,680
24,506
261,772
94,816
$602,955
$2,412,878
$2,263,120
_________
157,856
151,951
645,413
642,713
$451,004
$1,767,465
$1,620,407
.
stk.
divs..____
104,375
$1,202,907
*
-V.
Net
158,
1177.
p.
1942
*Earns.
$195,829
/ $0.89
/'
/'//-.
' '.>
taxes
'
1943—9 Mos.—1942
.
\
$0.23
& Light
:
,
■
_
'
;
.
X
"
$818,516
$1,014,782
SO.88
$333;489
$1.09
$0.36
share.
158,
1075.
p.
Securities Co.—Asset Value—
market
reports
company
of
$216,525
—..
shares of capital stock.—V.
Railway
The
class
—
per com.
927,305
*On
profits taxes,
1943—3 Mos.—1942
profit after chgs. &
Federal
1943
$212,559
; ;
$0.97
for income and excess
158, p. 678.
417,500
$1,349,965
$0.27
.
capi'tal stock.—V.
417,500
$346,629
.
•
-
104,375
$333,259
—
Quaker State Oil & Refining Corp. (& Subs.)—Earns.
2194.
after charges
its: outstanding
securities
values of assets
as follows:
each
for
available
Nov. 30. '43 Oct.'31. '43 Nov. 30, '42
bond——•
$233.66
$238.54
$203.85
Per
preferred share—,252.95
262.19
196.54
Per
cents per share, which was
the dividend of 25
that
announced
is
common
21.01
12.51
$100
Per
Dividend—
Pittsburgh Metallurgical Co.—25-Cent
It
declared, was paid Dec. 15 to holders of 125,073 outstanding
shares of capital stock, par $10, of record Dec. 8.
A similar distribu¬
tion was made on Sept. 15, last, compared with 50 cents on June 15,
recently
1943, and 25 cents per share in preceding
158,'
—V.
share—
19.82
2052.' '
p.
'
quarters.—V, 158; p. 1381,
•.
f.)
■
a; '
\.
7;,.' A';7v."'
Rayonier, Inc.—Earnings—
(Including wholly owned subsidiary, Georgia Timber Co.)
6 Months Ended Oct.
Pittsburgh Screw & Bolt Corp.—EarningsPeriod Ended Sept. 30—
■///••'
■
142,935
$2,151,106
$595,490
-
"Net
Pepsi-Cola Co. (& Subs.)—Earnings—
365,507
13,606
$578,449
$567,811
Income
Net
1940
$265,590
$0.29
after provision of $900,000
of
1,039,881
330,163
$437,634
deductions
renegotiation ahd other contingencies in
1943 and after providing
$785,200 for income and excess profits taxes in 1942.
tOn 220,000
shares
622,758
143,332
13,544
income
Balance
1942
fEarnings per share—_
"Also
692,665
interest and other
Total
$3.37
952,790
202,316
/
income____
income (net)/-
Gross
3,660,903
996,835
incl
lieu of
oper..
Other
$7,913,195
4,280,597
231,608
173,419
<
prof, taxes—'
excess
1943—12 Mos.—1942
$9,174,690
269,515
Rederal exc. prof, tax—
: 1942
$286,000$0.32:
charges and taxes.—V. 158,
"Net1 profit
1943—11 Mos.—1942
$2,816,822 $30,947,754 $28,691,054
■ >'/'"', >AA.:'
/v >
;
revenues-.—
expenses
________>v
Federal income taxes—
Charges
Oklahoma—Earnings-
1943-^3 Mos.—1942
$2,498,240
$2,130,001
1,157,332
960,752
—
1943—Month—1942
$2,878,088
158,
Operating
Operating
$3,407,000
1943
Quarter Ended sept. 30—
Peoples Drug Stores, Inc.—November SalesPeriod End. Nov. 30—
.gales
—V.
Period End. Sept. 30—
-
Pittsburgh Forgings Co. (& Sub.)—Earnings-
'//
■■■•
158, p. 2194.
Public Service Co. of
Period End. Sept. 30—
$1,417,024 $1,649,949
$9.45
$11.00
Federal taxes: tOn 150,000 shares of capital stock.
and
"After charges
—V.
Net
$262,000
$0.29
share-
com.
all
717,985
'
_____________
.
..
1941
1942
-
■
•'
V
-
Ended Sept, 30—
per
■1942
$1,314,196
—$1,699,770
737,312
outstanding.
and
profit
"After
$1,282,592
$8.55
-
—
-
(Earnings per common shure___„___
—V.
'
Sept. 30—
____________________
charges
6 Mos.
"Net
Earns,
y'--
1943
30—
12 Months Ended Sept.
shares
Preferred
Salt Manufacturing Co.—Earnings—
Pennsylvania
r'•
„■■■
Pitney-Bowes Postage Meter Co.—Earnings—
to 5%,. or $2.50 per
stock, brings the total for the current year
share, the same as in 1942.—V. 158, p. 2258.
par
"Net
excess
•
7
-
charges and a provision of $9,728,000 for Federal income and
profits taxes and contingencies in 1943 and $3,950,000 in 1942,
excess
provision of $2,784;000 for Federal income and
profits taxes in 1943 and $5,400,000 in 1942.—V. 158, p. 1074.
"After
successfully
meet
profit
397.
p.
"After
.
1943
$.3,325,316
Common shares outstanding..,999,281
Earnings per common share__.l_-__-__/.
$2.90
6 Months Ended
provide
158,
I943
Sept, 30—.
profit
Common
Philip Morris & Co., Ltd., Inc.—Earnings—
the Pennsylvania RR. has in water navigation,
such accessorial services as are necessary to perform
its ferry service and its lighterage service in connection with its rail;*
"The
is
14.
9 Months Ended
*Net
(
service.
long-distance highway
general
the
.into
go
$240,999
$161,360
Steel Car Co., Inc.—Earnings—
Pressed
pansion when network operation got underway, and the same principles
will apply to television," Mr. Smith said.
."Ultra-high frequency tele¬
vision relay stations have already been developed by Philco, Corporation
and other research groups to link television.:.transmitters together,' Mid
these are in successful operation today."—V. 158, p. 2365.
:
perform, either by ownership or by contract,
such collection and
delivery service as is necessary for it to render a complete'trans¬
portation service to the public and such accessorial service as will
enable
it'.to attract business to its rail lines.
It has no desire to
-
,
1942
$676,369
7,331
428,039
to
.
-
___"
other write-offs.—V.
depreciation, taxes and
"Before
•
:
profit
"Operating
,
,
.
Dec.
on
the
requited
1943
$495,224
5,559
328,305
_________
___,
—
administrative expenses-
Operating and
Optimistic—
Rapid expansion of television as soon as the war is over will depend
upon the creation of networks, linking stations ..together, so that the
best entertainment and news programs can be made available to the
viewing audience, Mr. Smith pointed out. / WV,'/''V /
■;
"Sound broadcasting entered its period of greatest .growth and ex-,
interest
cay
Y.,
laborers
produced
Marketing costs
,
large as the average road map,'' Mr. Smith kaid.
service,
air
■
post-war television set, the picture will be larger than most
of those available today, and some receivers may provide a picture as
Pennsylvania
nental
skilled
"In
in other fields.
transportation
dominate
cost transportation
.
desire to become a monopoly.
transportation nor does it desire
has
RR.
dominate
to
appropriate legend to indicate said
an
technicians, .mechanics, carpenters, and
build television stations and several
times that number of people needed to manufacture receivers, there
is every reason to believe that television in the post-war period'Will
be a bigger industry than radio ever was, it was-predicted' by David B.
Smith, director of research for Philco Corp.;. in. an address.on- ."Elec¬
tronics" before the Association of Customers' t- Brokers,, in New, York,
Pennsylvania RR. is to perform
"The policy of the
says:
complete transportation service by rail, with such
are necessary to give complete, efficient and low
Bullion
thousands of-engineers,
With
other
•••'
letter
with
Philco Corp.—Television Outlook
checks for the dividend of $1.50
to stockholders of record Nov. 20,
1943,
for stamping
Pa.,
payments.—V. 158, p. 2365.
air, highway, and waterway.
Mr. Clement's letter accompanies
Quarter Ended Sept. 30—
Bank
over
stockholders on Dec.
13, sets forth what is and what is not the policy of this railroad
with respect to participating in other forma of transportation, namely,
W.
on
bonds,
Transportation—
Preston East Dome Mines—Earnings-
account of interest for the year .1943, on i presentation of
together with an executed letter of transmittal,: to Central Han¬
and Trust Co., New York, N. Y./or: to .Drexel .&■ Co.; Phila¬
1949;
Air, Highway
Pennsylvania RR.—Reports on Policy on
and Waterway
M.
Monday, December 20, 1943
THE COMMERCIAL & FINANCIAL CHRONICLE*
2474
.
share
,1943—9 Mos;—1942
1943—3 Mos.—1942
$0.14
•
1942
1943
_T——$2,488,569
$4,370,602
801,420
and
and
Interest
31—
depletion--——774,166
other expenses, net:
53,402
operations——.
from
Depreciation
$800,135
$0.53
$588,537
$0.39
$219,212
$212,506
$0.14
profit
Earn, per common
Profit
49,776
"
•/'•■■/
;
•.
(Excluding British subsidiary)
1942
1943
Sept. 30—
9 Mos. Ended
Net
$4,915,000
$4,925,000
taxes
■■■■,•'
$4,220,000
Earns, per share capital
—V. 158, p. 2258,
$7,550,000
$2.59
$3.97,
$2,59
■"
\
:
'■
Dec.
that
announced
10
the
the Habirshaw
lionored
second
with*a
Board
Navy
(Yonkers,
the
of
renewal
Production
of
Y.)
N.
diyision
"E"
Army-Navy
Awards
has
his .company
award,
.
.
the
Los
Angeles,
of
revenues
Operating
expenses
Maintenance
Approp.
and
for
Philadelphia
__
Amort,
of
Amort,
of
Plymouth Oil Co. (&
utility
of
•
1,861
1,780
2,795
2,929
518
2,542,722
518
2,466,597
690
3,373,505
690
3,331,399
3,552,150
3,035,588
4,564,013
4,192,823
profit
—
subs.—__
253,125
284,850
348,075
308,071
505,114
547,125
687,489
718,048
£>r553,582
..
Dr499,400
Dr683,691
Z)r700,609
5,219,135
7,454,153
6,895,648
$6,945,607
5,754,050
$9,453,808
$9,140,572
'
•
net
Consol.
Credits
to
1,152,768
income—
1,568,815
after preferred
This
$5,749,913
$7,884,993
$7,533,043
5,063,657
2,714,864
?
$11,445,175
$8,918,189 $12,962,384 $10,247,907
Charges to surplus:
Divs.
6%
on
a
The
tonnage
Divs.
on
$6
cum.
pref._
Divs.
on
$5
cum.
pref._
Divs.
5'p
on
as
.
taxes .(no > excess* profits, taxes).".
V'':.'
.AAA"
450,000
450,000
600,000
600,000
202,005
,
202,005
269,340
269,340
790
on
stock—
p.
12,059
Balance, end of period
After
j
.
790
790
1,557,194
3,114,388
2,595,324
171,123
14,271
1943—Month—1942
period End Oct. 31-
revenues
Operating
$422,538
expenses
Other
___
.
The
1942
as
$7,490,175
.
electric
$5,063,657
$7,490,175
$5,063,657.
ties
$2,36
U. S. A..
of
10,569,000
11,
kwh.,
31,
the company and its subsidiaries for the
amounted to 130,835,000 kwh„ an increase
8.8^.—V. 158, p. 2363.
Reading
&
Coal
Iron
&
Co..— Interest
Payments On Bonds and Debentures—
Payment
will
be
of $45
made
the
$100
of
or
13,
1943,
Cr64,890
27,083
,
on
presentation
transmittal,
to
full
in
of
Central
Payment
of
$21
cf
pet
the
$1,000
holders
due
1973
payment
bonds,-
Hanover
bond
will
.
sheet
showed
of
9,980 141,699 188,846
7,860
the
the
(stamped
of
the
being $5,520,971.—V.
after
of
158, p. 1862.
,
$170,490
>
income
:
'1075.
p.
1942
"Net
.
Br 199
487
$117,925
$172,453
$1,360,757
$1,148,836
mtg.e.
bonds_/_a
int.
&
deducts—
constr.-—
Cr323
income
36,865 x
2,318
to
36,500
438,888
3,531,:
Br49,519
..
■
.
'
42,491
,446,607
.41,097
.
Cr4,l75,;'..*• Cr29,962
applic.
—V.
p.
158,
$82,538 ;/
$79,430
Dividends
preferred stocks—
to
$883,553
■■■'■
430,167
—
1770.
:
excess
"I.'..
/•' /,
$691,094
.
common.sharerl_—_/l—' $4.07"
for Federal income and
./
Dividend—
1 ;
;
dividend of ,75 cents. per share has been declared on
the common stock/payable Dec. 29 to holders of record Dec. 18.
Dis-_
tributions of 30 cents each were made on Feb. 1, May 1, Aug'. 2 and
Nov.
1, this year,
Payments in 1942 were as follows: Feb. 2, May 1,
Aug, 1 and Nov. 2, 25 cents each; and Dec. 29, a year-end of: 75 cents.
A
year-end
—V.
158, p. 2366.
;
Sales
/
made
6'i>
Net
1943—10 Mos—1942
599,471
Water
"
—
as
to
due
State,
569,551
123,915
102,614
712,794
per
com/ share
1,743,040
116,257
—
9,326,049
8,224,998
11,185,462
1,075,824
1,008,196
1,262,235
share
on
2,207,496
2,694,079
2,631,558
taxes-
local and misc.
1,873,291
1.811,708
9 Mos. Ended
Net
2,136,862
:
2,155,454
(normal
surtax)——
1,469,120
taxes—normal &
Net
Other
1,031,600
1,730,520
.
1,131,416
*On
profits
tax-
operating income
income
Gross
&
—
income
other
2,203,000
$1.03
1538.
Distribution—
—
deductions
Net income
—V. 158, p. 2052.
holders of lecord Dec. 15.
paid on Jan, 2 and July l; 1943,—V. 152, p. 2407,
Inc.—Earnings—
1942
$1,369,230.
——
share
$2.94
.465,000 shares of capital stock.—V. 158,
per
common
Consolidated
1941
$810,115
$1.74
$385,170
1943
Sept. 30—
—
p,
Republic Pictures Corp. cf Del.—New
see
139,600
2,306,639
35,400
369,783
1,851,800
2,775,839
1,851,800
Film Industries,
$0.83
2052,
Contract-
Inc.—V. 145, p. 1674.
$4,799,969
$4,762,577
72,933
Dr4,590
$5,903,644
'
91,183
$5,953,406
Br28,821
Republic
$4,757,987
2,651,839
$5,994,827
$5,924,587
2,550,756
3,074,282
3,239,932
$2,322,145
$2,106,147
$2,920,544
$2,684,652
$4,872,902
Steel
Corp.—Receives
Compensation from
Govt.—
A
Federal
Court
jury
at
Detroit,
Mich.,
on
Dec. J
awarded
the
$1,586,415 as compensation for the taking of its Monroe,
by the Defense Plant Corporation under the war powers
act, according to an Associated Press dispatch.
The Government took over the plant last July for the manufacture
of aluminum cylinder heads for military aircraft.
At that time Chief
Assistant United States Attorney John W. Babcock deposited a check
for $1 642,225 as payment for the plant and equipment.
The-company
corporation
Mich.,
Int.,
p.
sur¬
—
——
profit,
*Earns,
Charges in lieu of Fed.
income & excess prof,
for
1,775,000
$0.78
158,
the usual semi-annual dividend of $4 per
the capital stock, payable Jan. 3 to
Reo Motors,
1,246,225
2,250,000
Excess
stock.—V.
common
Rensselaer & Saratoga RR. Co.—$4
9,973,471
——
income
and
of
shares
The directors have declared
679,370
137,048
.
.
Fed.
—
$1,406,658
$0.69
Mos.—1942
depreciation__
for
•
$23,100,893 $21,037,977 $27,724,042 $25,313,116
—
Operation
pay¬
Dec. 13,
bonds, due
beginning
debenture
—
Like amounts were
for
■
—
—
Other
1943—12
,
1943—6 Mos.—1942
$56,500,000 $38,500,000
1943—3 Mos.—1942
$961,000
$0.43
—
profit
*On
electric $19,748,685 $18,106,721 $23,708,088 $21,818,937
2,628,820
2,259,090 " 3,166,110
2,698,550
revenues:
..
.
Inc.—Earnings-
Remington Rand,
Public Service Co. of Indiana, Inc.—EarningsPeriod End. Oct. 31—
$843,616
$3.54-
430,167
See
Oper.
1942
1943
30—
profits taxes in 1943 and $2,700,000 in 1942..
Year-End
■
v. -*
Portland & Ogdensburg Ry.—Purchaser—
Maine Central RR.—V. 158, p. 1177,.
;
$508,493
•
profit;—;————:$953,992
Earnings per
112.
$1,360,956 :: $1,148,349
1.963
chgd.
on
Other
1941
$659,439
1943
>
,
Manufacturing Co. of III.—Earnings—
9 Months Ended Sept.
288,889
•
154
—r.—_
'
Co.—Earnings-
but before Fed.
chgs.,
Reliance
V 288,218
344,444
.140
$117,771
its subsidiary
and current
current'liabili¬
;
'
$7,415,686
$84,506
158,
—V.
189,304
refunding
interest
and
company
assets
current
2.586,009
>370,145
;
36,806.
——
revenuesincome (net 1
oper.
Gross
amount of bonds
of
together with an executed
Bank and Trust Co., New
be
20-year convertible
1942
789
,'ftaxes.
to indicate said payment.
to holders
.
Total
1943
1942 ;
5,490 126,309 168,198
3,775
3,287
11,582
715
12,103
9,066
1943
7,071
,
••>•*After charges and a provision of $3,400,000
Net
tax
principal
to
to Drexel & Co., Philadelphia, for stamping with an appropri¬
legend
1943,
Dec.
principal),
on
1943,
year
letter
York,
ate
of
each $1,000 original
sinking fund gold bonds,
mortgage
ment.
for
beginning
and
.Other Countries
133,839 178,866
balance
1943,
Reed Roller Bit
limited-term
of
Provision
1943
or
Philadelphia
-
1943,
,
158,
$4,500,881
$5,301,009
Cr 25,411
11,741
———
taxes
retire. res. appro.
Amort,
Maintenance
for
output
Dec.
;
1943
:
'
..
consolidated
Oct.
of
Profit
"3,121,457"
103,867"
323,402
21,955
Total
deducting post-war credits,—V. 158, p. 2258.
ended
Oct., 31,
.,
liabilities of $1,894,715,, the excess of current assets over
$400,343
1943—12 Mos.—1942
$440,397
243,988
taxes
245,376
•
Philadelphia Electric Co.—Weekly Output—
The
..
■■
Portland Gas & Coke Co.—Earnings-
Prcv.
veek
ended
1942
Dissolving pulps——— 119,238 162,708
Paper grade pulps—
.> . 3,287:
7,807
Fine papers—-—/11,314?
8,351.
A;'A
679.
Gas
790
1,816,726
(net)—
com.
Miscellaneous
*
1,473,420
foreign mar¬
Oct. 31, 1942/
.
■
:
.
•"Earns,
1,473,420
non-cum.
pfd.
Divs.
1,473,420
13 cents a share
cents a share
$527,757, or 22
15
of pulps and papers sold, in domestic and
the six months
follows:
during
compares
1943—9 Mos;—1942
•
1,473,420
pref.—__„
or
13,734
5,744,021
surplus——.
to
$454,000,
quarter
Period End. Sept. 30—
Total
dividends,
with
compares
ended July 31, 1943, and
share for the quarter ended Oct. 31. .1942.
preceding
•
1,607,529
3,165,179
$5,701,154"
surp.—
surplus
1,195,694
3,097
—
earned
cents
$560,333 > $440,305
$1,659,494 ;$i,239,034 ;
$0.54
$0.43:'
/$1:59 ■'/ ?'/ $1.20
Net
——
Previous
$6,853,922
in
interests
the
equal,
stock.
common
for
Subs.)—-Earnirigs^;'Av -
Int.
income——
income
of
to
30/
y.
charges, Federal taxes and reserve for contingencies.- -V.
"After
Int.
Net
.:/\"
.
$437,803
totaled
on
31
$12,607,972 $12,164,742 $16,907,961 $16,036,220
deducts.—
Minority
Dec.
$13,161,554 $12,664,142 $17,608,570 $16,719,911
(net)—
income-———
inc.
share
per
payable
'
Other
Gross
cents.*
50
1943, the consolidated net profit
'
investments
Total
of
$100,
Pond Creek Pocahontas Co.—Earnings
.1943. "r/
9 Months Ended Sept. 30*Net profit
$363,533,
$2.14
Earnings per common share—
Prop,
rev.—
income
*
1,035,200 shares.—V. 158, p. 2259,
tOn
Operating
taxes of util-
oper.
$0.47
,
the 1st preferred stock.-^-V. 158," p. /92.
Federal income
charges and
Federal
—
Net
$1,078,298
$0.28
profit——^.,
Quarter Ended Sept. 30—
—
subs.
Other
$891,803
net
the three months ended Oct. 31,
,
7,076,876
profits tax
utility
a
^__
plant
subs—
Jjtate inc.
581,279
surtax—
tax
Total tonnage——
taxes of
income
excess
par
1943—3 Mos.—,1942
Period Ended Sept. 30—
Co.)
7,811,629
adjustments—
(other than inc.i
utility
subs.
5,423,977
acquis,
*Fed.
railway
5,892,846
reserves—
leaseholds—_
federal
street
other
and
retirement
depl.
Taxes
„
arrears on
fEarnings per share—
1943—9 Mos.—*1942
1943—12 Mos.—*1942 '
$45,197,822 $41,775,514 $60,026,652 $55,777,382
' 16,578,723
14,803,916
22,110,677
20,017,459
2,709,209
2,547,021
3,519,209
3,409,176
Period End. Sept. 30—
.
Operating
subs,
and
Rys.
$3,519,406'
1,859,829
and
tax
profits
For
Calif.,
Pittsburgh
■
187,919
kets
"After
incl.
dividend
stock,
A similar distribution.was made-on June
V
fn
a
preferred
1st
Dividends are
*Net
(Not
$1,661,001
taxes-
581,279
Income
Excess
Consolidated
declared
have
xumul.
7','c
last,
...
Philadelphia Co. (& Subs.)—Earnings—
Federal
before
Profit
.
holders of: record Dec. 34.
another Phelps Dodge 'Copper Products Corp.
jplant was honored on Dec. 10 by the Maritime Commission, with Mie
presentation of "the Maritime M.—V. 158, p. 1861.
At
1075.
p.
directors
The
Copper* Products Corp., on
President of Phelps Dodge
Wylie Brown,
158,
(Thomas G.) Plant Corp.—Declares Preferred Div.—
Phelps Dodge Corp.—New Production Hopors—
-
taxes.
and
charges
Earnings per share on 963,871 common shares.
—V.
$2.22
'
all
"After
1940
1941
-
profit after charges
and
Income and excess profits taxes for
the third quarter of 1943 amounted to $1,502,0.00 against $783,000 in
like quarter of 1942.
Provision for Federal income and excess profits
taxes for the nine months of
1943 was $2,354,000;. 1942, $2,854,000.
;
_.
.
plant
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4239
158
Safeway Stores, Inc.—Denied Review—
trial before.
was valued
accepted payment of $202,225 for equipmqent, but at the
Judge Arthur F. Lederle sought to prove that its plant
at $3,357,354.—V. 158, p. 2196.
,
•
U.
The
for
S.
after
Profit
rTotal
1,477,382
,
1,286,311
1,000,000
______
Prov.
the
§12,600,000 §12,200,000
$2,129,924
$1.28
—
to Emergency
regulation has not been
specified time/ provided
in
effect
of Appeals
Court
not be taken up to that
positive action denying
taken
Suit Result-
(R. J.) Reynolds Tobacco Co.—Awaits
Charles
Chancellor
M.
decision
reserved
Egan
Sales
court
.•
158, p.
»The
,
complainants
and
Bookman
Arthur
Dr.
are
Judith Bookman
•'
....
insisted
officers
:
■
■
'
'
•
•
'
•
.
director.—V.
a
158, p.
1674.
.
7 "We
1943—48 Wks.—1942
Co.
shares
of
stock
<
"
1943. 77 7
;/
.
the
with
accordance
Tn
Dec,
on
provisions
of
above.—V. 158, p. 22G0.
Corp.
Granted—No Longer In¬
issued
1
section
1
The
exempting the company from
the Investment Company. Act
order
an
(a)
17
of
-
transactions and from section 8 (ft, after
of the proposed transactions, declaring that
proposed
certain
consummation
certain
of
investment company.
Setay
seeks exemption
an
for
transactions
which
(1)
are:
the
by Setay and-the sale by Metropolitan Royalty Corp., a
registered investment company, of 6,000 shares of RepubliG Pictures
Coup, for $30,000;
(2) the transfer by Setay "to Associated Motion Picture Industries,
Inc., of all assets, property and rights of Setay, except 90,085 shares
purchase
of
in
Republic, 150 shares of Cajo Co., Inc., some'secured notes receivable
the amount of $200,000 and the 6,000 shares of Republic to be
Metropolitan Royalty Corp., in consideration of Asso¬
to Setay 94,735 shares of the total authorized and
Associated and assuming all obligations and
Setay'except some notes
payable in the amount of
acquired from
ciated issuing
unissued
York
New
Central
capital stock of
of
by Setay to Consolidated Film Industries, Inc., an
of Setay, of 195,442 shares of its authorized and
exchange for 317,800 shares of Republic and 150
shares of Cajo
(the latter shares are the equivalent of a one-half
interest in 225,000 shares of Republic);
(4) the purchase by Setay of an aggregate of 750 shares of Republic
from Frederick R. Ryan, Herbert J. Yates, Jr., Walter W. Vincent and
Morris Goodman on the basis of an exchange of .4542 shares of the
authorized and unissued stock of Setay for each share of Republic;
:and
■■
''7 :
(5) upon consummation of the transaction in (3) above, Setay, as
the sole stockholders of Cajo, proposes to acquire 225,000 shares of
Republic as the proceeds of liquidation of Cajo.
Setay plans to consummate the proposed transactions in the order
in which they are set forth above.—V. 132, p. 327.
issuance
the
(3)
& Southern RR.—Sale—
158,
7
;
1943—10 Mos.—1942
51,039,495 ' $1;348,841
$184,315
taxes, etc.—V.
interest,
person
unissued
1943—Month—1942
income—$108,882
"After all charges,
1383.
p.
Service Co.—Earnings—
Louis Public
St.
RR.—V.
1539.
158, p.
,
in
stock
■
.
St. Louis-San Francisco
The
trustees
Dec.
on
Moore, at St. Louis,
additions
include
would
petitioned
S.
U.
District
Judge
H.
George
for authority to spend $2,483,162 in 1944 for
to the road and subsidiary lines.
These
Mo.,
betterments
and
Fort Scott &
6
Ry.—Expenditures—
$2,380,224
Frisco
on
lines,
an5 $'27,506
Memphis Ry.
on
$75,432 on the Kansas City,
the Kansas City, Memphis &
Sharp & Dohme, Inc.—-Earnings—
Birmingham RR:—V. 158, p. 2366.
■
resolutions
mentioned
above
the, 230,000 shares of common stock
sold
to
Donald W.
Baird,
and the
Vessel
Setay has ceased to be
.
and permits,
have been issued and
7
St. Regis Paper Co.—Gets New Cutting Rights—
price thereof, namely
The
company
has obtained perpetual cutting rights on 109,(500
$2,645,000, has been paid in full.
'7
7
acres 'of timberland in.Lewis County, Washington, and all the logging
The proceeds from such sale, will be used by the company for addi,
operations of the West "Fork Timber Co.
L. T. Murray, President of
tional working capital,
which will be required because of increases
the latter concern,'; has become associated with the St. Regis Co.
It
in the amounts of inventories and accounts receivable of the company,
was stated that the
St. Regis's Tacoma mill will be reopened for the
and to replace working capital that
has been or will be used for
production of kraft.paper.—V. 158, p. 1539.
additions to the capital assets of the company.
7 Of the $2,645,000 which was received from the sale of the 230,000
shares of common stock, $230,000 thereof/ being the aggregate par
/
Savage-Arms .Corp.—-Earnings—
value of said shares, has been credited to common stock, and $2,415,000
9 Months Ended Sept. 30—
7 <'7
v
'
1943
•
1942
has been credited to paid-in surplus.; .No disposition will be made of.
"Net
$576,284
$1,302,373
any paid-in surplusTresulting from the issuance of the 230,000 shares
fEarnings per common share^--——-£—•
$0.86
$1.94
of common stock.
*-
■
The' SEC
the
regarding
liabilities
Period End. Oct. 31—
"Net
price of $11.50 per share, were authorized by the directors
20. 1943, and Nov.1 19, 1943, respectively.
on the part of the directors of the company
and of the holders of a majority of all of the issued and outstanding
shares of the company, the articles of incorporation of the company
were amended by increasing
the authorized capital stock from 870,000
shares to 1,120,000 shares, of which 1,000,000 are common shares (par
$1),
and 120,000 are preferred shares
(par $25).
A certificate of
such amendment was filed in the office of the Secretary of State of*
22,
stock since 1928.
Co.—Liquidating Dividend—
Transportation
Midwest
affiliated
appropriate action
California, on Nov.
payments on the common
Setay Co., Inc.—Exemption
meetings held on. Sept.
By
the common
on
vestment Company—
Counsel
St. Joseph/South Bend
See
net
a
at
share has been declared
per
the first
were
Sensibar
897.
p.
Co.—25-Cent Common Dividend—
cents
$200,000;
(par
standing shares of cumulative preferred stock, 5% series, $25 par value,
making the total amount applied for 83.3,412 shares.
The issuance and sale by the company of 230,000 shares of common
stock to Donald W. Baird as nominee of Bethlehem Steel Corp. (Del.),
at
158,
25
158, p. 2366.
See
Exchange has
common
tax
notice to stockholders
a
tax
1943."—V.
authorized the listing of 230,000
SI), all of which are issued
and outstanding and which have been disposed of by private sale,
and for listing upon official notice of issuance of 10,000 additional
shares of
common
stock, upon conversion of 80.000 presently -out¬
The New York Stock
additional
.•
make income tax returns to the State of Missouri may
on their Missouri income
tax returns against the Mis¬
payable by'them in an amount obtained by multiplying the
rate'.'.of .-Missouri State Tax on; corporate
income
(2%) by. 28.08'7
of the dividends received by them from the St: Joseph Lead Co. in
Listing
—
s,
.
credit
a
souri
of Additional
Shares—Stock Sold Privately to Bethlehem Steel Corp.
Manufacturing
Rheem
V.
of the State of Pennsylvania is no
^ ...
'.7 .
that stockholders of the com¬
■
These
1942.
'
benefit
$1.03
profits
excess
(
distributions
for. the
$1.00
post-war
stock, no par value, payable Jan. 1 to holders of record Dec, 15. This
with 50 cents paid on Jan. 1, 1943, and-25 cents on Jan, 15,"
company,
■
v
7--■"
further-advised by
are
dividend of
A
,
■'
■
•.
10%
1383.
p.
Seiberling* Rubber
whole
pany-who
.
,.
•'
dividend
effect.
in
longer
take
(•
'
■
the
of
the
effect to
-compares
•'/
'
•
giving
158,
105,300
Admin¬
in
/
1943—4 Wks.—1.942
'
formerly; imposed
•;
the
throughout
refund.—V.
were
paid entirely out of surplus
accumulated after Feb. 28, 1913, and we
are advised by Counsel
that such distributions are therefore dividends
subject to Federal income tax. :
"Counsel also advise that in their opinion' residents of the State
of Pennsylvania who are holders of St. Joseph Lead Company Stock,
are
not subject to the four mills county
tax on personal property
with respect to their; stock in St. Joseph Lead Co. by reason of the
fact
that
the
company
is registered in Pennsylvania and pays a,
franchise tax to that State:
The four/mills t'ax-on personal property
trial that the plan was fair
and equitable and had operated to the benefit of concern and stock¬
holders alike. The chief witness for the company was S. Clay Williams,
^he
the
/
'
1943
earnings
;of New York City, each holding 100 shares of class B common stock
of the company.
They charged that officers and directors had de¬
rived $30,000,000 illegally in the la'st 27 years, by administering an
incentive
bonus
plan
that
defrauded the
company
in favor of
"insiders."
protest
2086.
<
"The
a
<""•
.
until
the
of
after
1941
$108,430
and provision for Federal Income and excess profits
charges
and
because
$45,875,183 $46,382,611 $542,166,415 $553,206,661
——-
:
recovery
Court,
dismissal
proper
St.. Joseph Lead Co.—Dividends Subject to Taxes—
suit, brought against officials and directors of
the' company by two stockholders.
The hearing had taken 51 days,
constituting the longest trial in the history of-New Jersey's Chancery
$30,600,000
"After
Slightly Lower—
'Said:
in
1
Dec.
held
was
".'/••
-1
George I., Brigden, Secretary, on Dec. 10, in
vice
Earnings per common share-,.,,.,.—..
taxes
1942
105,000
$93,375
104,800
$0.89
shares
common
$105,115
1943
profit—.,
Outstanding
can.be made
OPA
Court
Supreme
in part
—V.
appeal
of the
Emergency
Period End. Dec. 4—
$3,260,509
$2.16
"Includes
$463,332
amortization of war
facilities,
tlncludes its
Wholly-owned subsidiaries.
/On. 1,286,916 common shares.
.§ Before •
post-war refund of Federal excess profits tax.—V. 158, p. 776.
•;/','
—
The
the
complaint could
had
"Net
Administrator.
an
protest
Inc.—Earnings—
Quarter Ended Sept. 30—
Administrator within the
statutes.
Sales
•
Net profit'
$1,270,907.
/Earnings per common share--,.., 7
$0.62
the
whether
is
Price
upon' by
istrator
.or
—
8,800,000
controversy
when
Appeals
complain by
the
246,568
its
involved
issue
under
822,883
1,391,363
916,904
etc.
Interest, amortiz, of war facil.
Depreciation
for contingencies
l.—
Federal tax on income
C-,
135,479
'-714,693
156,718
—
of
Seeman Brothers,
14 denied the company's petition
with OPA over the protest of three
Dec.
on
regulations issued by the
of
acted
$15,195,666 $16,081,661 $14 ,393,969
14 ,607,342
17,230,840'
16,571,459
income
charges
The
Court
t19411
1942
1943
Sept. 30—
expenses.—
Miscellaneous
Earnings-—
Brass, Inc.:
Revere Copper &
Supreme Court
Teview
a
different
9 Mos. Ended
2475
Period End. Sept. 30—
(par $1)
purchase
"Net
profit
/Earn,
"After
share-
corn,
$534,285
$0.43
and Federal income'and
158, p. 1942.
charges
1943—12 Mos.—1942
$1,784,685
$1,846,198
$1.26
$1.34
1943—3 Mos.—1942
$494,583
$0.38
^
per
profits
excess
taxes.
fOn
776,627 shares.—V.
Shattuck Co. (& Subs.)- -Earnings—
(Frank G.)
Period End. Sept.
Net
profit
after
Fed.
and
"Earn.
$445,337
$755,443
$170,545
$228,176
'
coiri._
peU-sh. on
"On
1943—9 Mps.- -1942
1943—3 MOS.—1942
30—
chgs.
inc, taxes__
158,
p.
$0.33
$0.67
$0.15
$0.20
-v.
1,150,Q0Q sh^res.-
777.
,
MW. A.) Sh&iffer Pen
-
Manufacturing—
New Vice-President in Charge of
manufacturing
President.
Calif.,
i
division,
eastern
pany's
Mr.
been
of
manager
R.
Richmond,
by
16
Dec.
announced
was
had
Curran
570
:
will make his headquarters
directors
The
6 Months Ended Aug.
158, p. 2086. • //•
/:."/
and
income
Earnings per common
"After
■
all
charges and taxes.—V.
cents
had
1178.
p.
been
•ending' the road's.T3-year
cerned. "
receivership
far as the court was
'7... v
as
'•
con-
at Norfolk, Va„
15, ruled that the receivership"must now be brought to a close
without much further delay," through equity proceedings if possible,
otherwise through bankruptcy proceedings.
•
7
.• 7
•
Judge Chesnut in his opinion filed in Federal Court
Rochester Telephone
Uncollectible
oper.
Co.—Earnings—
7
$525,161
$5,559,549
4,600
6,845
$566,354
$525,161
$5,149,037
3,429,776
848,575
rev—
369,004
356,799
$5,554,949
3,658,935
97,547
revenues
$5,155,882
$566,354
55,960
980,008
Judge Chesnut said counsel for the
railway's
Corp.—Earnings—
charges.,—.-—7
after
loss
expenses —;
Operating taxes
Net
$99,803
income.—-
—V,
158,
■
Root Petroleum Co.
profit;
$916,006
profits
cess
Other
"641,455
1942
$323,340
$225,751
$0.88
———
$0.59
Earnings per common share—
"After all charges and
k-v.
158,
1284.
p.
77;
77"
■
■
ings
$903,100
$1,087,818
On
119
30, last, the company-was operating
Nov.
year:earlier.—V. 158, p. 2052.
a
Iron
Rustless
;
Void
&
Steel
«.
121 stores, as against
7.
v';.
Corp.- -Scrip
'
-'.7;
..',/■
Ctfs. to Become
Jan. 1—
on
Outstanding scrip certificates relating to; $2.50 cumulative convert¬
ible preferred' stock, second series, which presently represent only the
right of the holders thereof to receive upon surrender of such certifi¬
cates for cancellation, 61.5 cents in cash for each certificate in respect
of
1/75-th of a
series,
second
share of $2.50 cumulative convertible preferred
so
void and of no
become
stock,
that such certificates shall
effect after Dec. 31, 1943.
Accordingly, holders
surrendered,
provide
ment of
surrender them for cancellation
date at the office of the scrip agent, Chemical
Trust Co., 165 Broadway, New York 15, N. Y., against pay¬
the amount of cash payable with respect to such certificates.—
v.
pp.
of
Operating
income-
prior
or
Bank
&
158,
to
committee
:
2052,
1674.
A
ther
15.
this
year,
latter
Dec.
will-also
77'-'
authorized
be
act
to
select
.
a
to take
it
for
income——
its
and
from
time
counsel
to
delay.
'
-
to
act
with
time
immediately
the
court
the
the
to report to and
requisite procedure.
and
the
on
and
:.7
7
.-
"
at once prepare-and submit to the
for .the confirmation of the master's report, with
,.the modificatiOris; hefein mentioned in accordance with this opinion."
court
final Vorder;
a
Preferred
common
stock;($100
and,
date.
23.
in addition, an extra of 5 cents was disbursed on the
year, only
a payment of
20 cents was made.on
Last
which
compared
with
2353.
10
cents
on
Dec.
23,: 1941.-—V.
157,
949,382
713
255,787
254,100
$89,835
$362,571
$795,498
1,585
_
1,190
6,123
3,074
.'$74,534
.
$91,025
$868,694
$798,57ii
166,385
13,918
166,966
8,327
103,764
99,809
$52,230
$68,778
$597,963
$532,378
■
7
dividends
13,974
8,330
.7
net—
2196,.
p.
:
M
w
^
,
,
.
^
^
—'—'
7;
^
•
' (
.
■
210,000
210,000
280,127
.
—_
dividends—--.-.4!
Common
Sloss-Sheffield
313,742
'
■
•
.
'
stock -.(no ' par),
par)/and
the
"After
5%
mortgage
adjustment
com.
share-
charges
and
shares.—V.
common
Sonotone
Federal
158,
taxes.
Income
2357.
p.
;
r
/
Sept. 30—
profit after charges and Federal taxes—
Earnings per share on 803,878 common shares158,
p.
on
496,590
Corp.—Earnings—
9 Months Ended
Net
—V.
{Computed
.
7-•' 1943
$198,122
$0.25
1942
$188,468
$0.24
681.
Soundview Pulp Co. (& Sub.)preferred
gold bonds, due
Oct/1; 1949; have been ".suspended from dealing on the New York Stock
Exchange. '-The Court has approved a plan of reorganization which
makes no provision for these securities.—V. .158, p. 2366.
the
per
1943—9 Mos.—1942
$648,076
$877,282
$1,04
$1.51
1943—3 Mos.—1942
$169,865
$333,312
$0.25
$0.58
profit-——-
/Earn,
-Earnings1943
1942
profit after charges and taxes——.
$644,403
$825,142
share———.
$1.17
$1.50
9 Months Ended
non-cumulative
4-2%
Steel & Iron Co.—Earnings-
Period End. Sept. 30—
'"Net
( /Securities Suspended From Dealings—
//The
charges,
—
income..:
Net
;■
competent
prompt proceed¬
"7, "Counsel; wilt be expected to
Net
Earnings
—V.
per
158, p.
Sept. 30—
common
1539.
Southern Railway—Weekly Earnings
—Week Ended Nov, 30—
Sears, Roebuck & Co.—To Acquire Affiliate—
Henry Rose Stores, Inc., operating the women's ready-to-wear
millinery departments in the Sears Retail Stores, will be merged
and
Sears,
Dec.
10
Dec.
Roebuck
31,
by
1943,
A.
S.
President
Rose,
of
&
Co.
the
Rose
become
and
according
Barrows,
to
a
President
a
joint
of
Gross
unit
H.
as
Gross* earns.
organization.
the
O'Dea,
Goodkind,
same
under
Vice-President
Vice-President
in
the
in
direction
charge
charge of
of
Henry
Rose,
of merchandising;
operations.—V.
158,
President:
and
p.
Harold
2366.
End!
Dec. 7—
1942
$
$
6,702,760
(est.)
1943
1942
$249,239,244
—Jan. 1 to Dec. 7—
1943
1942
'
$
$
5,839,979 370,677,337 255,079,223
$946,000 Certificates Sold by RFC—
The
heretofore, ahd its present officers, buying staff and personnel
remain
G.
—Week.
Jan. 1 to Nov; 30—;
$7,674,339 $300,974,577
,211,727
1943
Henry Rose Stores,, established 15 years ago as an affiliate
Sears, Roebuck, will continue to function as a separate specialized
■will
$
Sears,
The
of
earnings
Period-
wholly-owned subsidiary
announcement made on
Roebuck, and Henry
1942
1943
Period—•
The
common
Dec.
p.
dividend of 10 cents per / share has been declared on
stock, no par value, payable Dec. 27 to holders of record
Similar distributions were made on July
10 and Dec. 10,
;
underlying
""If and wheri! it develops that prompt reorganization in equity will
possible;'the court will expect either the debtor or interested"
creditors t©7 at once thereafter initiate proceedings under Section 77.
This' receivership; must now be brought to a close without much fur-
with
year-end
463,320
.
r
riot be
-after
the
the
carry through the plan in equity if possible.
In view of
pendency of the receivership, the court will expect both
confer
such
Ryan Consolidated Petroleum Corp.—10-Cent Div.—
.
Other income, net——
scrip certificates are urged to
such
on
of
heretofore noninterested
•7':;-:-7; •
a
to
long
1943—11 Mos.—1942
$9,188,910 ; $7,875,280
1943—Month—1942
Period End. Nov, 30—
Bales
In
Joseph France of. Baltimore as representative
bonds and Charles Markell of Bal¬
party, as this reorganization com-
mortgages;
majority
"The.-committee
Inc.—November Sales-
'
modifications.
certain
thoroughly experienced.counsel to
■
Rose's 5, 10 & 25-Cent Stores,
324,465
•
18,985
—V.. 158,
general
the
mittee.
$270,119
$0.71
■■'••.'.7
.'/'*■'••
119,808
54,670
920,541
$72,949
taxes
Retirement reserve accr.
timore,
provision for Federal and excess profits taxes.
.
127,635
37,410
Interest
of
1941
1943
9,616
.
ex-
taxes
"Whether the final procedure is in equity or bankruptcy, it will be
necessary
for the court
to appoint
a
reorganization committee to
carry
it through.
The master's report so recommends.
After con¬
ference and
suggestions from parties at the last hearing, the court
appoints Otis A. Glazebrook Jr. of New York as representative of
Earnings—
(& Subs.)-
$2,582,116
11,400
1 -;
Gross
Taylor's report,' with
/
598,807
30—
1943—12 Mos.—1942
$2,501,0Q0
82,149
——
Maintenance^—
Federal income and
Judge Chesnut said-;
$870,686
84,962
"
$226,908
72,073
$222,895
revenues
his opinion
Tazewell/
1942.'
p.
9 Mos. Ended Sept.
"Net
$112,402
72,598
income—:—
oper.
1942
$79,143
$74,556
•mit to
,
Net
,
/
1943—Month—1942
Period Ended Oct. 31-r-
the
Operating
—
-
::':;7-.-
158, p. 493.
Operating
Operation
named reor¬
recently
ganization committee "will be expected to at once prepare' and sub;the court a final order for the confirmation" of Special Master
reserve
Sierra Pacific Power Co.—Earnings-
Dec.
1943—10 Mos.—1942
1943—Month—1942
Period End. Oct. 31—
Operating revenues——~
$2.66
(Sberry-Nelherland Hotel, New York)
.1943
Net
—v.
W. Calvin Chesnut on Dec. 15 announced that a court
signed confirming a compromise reorganization plan
Federal Judge
order
158,
"$536,26'9
$3,38
Federal income and excess
of $225,000 for possible contingencies.
tOr»
6 Months Ended June 30—
Ry.—Reorganization Confirmed-
Seaboard Air Line
and
Sherreth
$0.68
$422,808
shares.—V. 158, p. 680.
1942
$73,160
_L/_$0.68
share..
profits taxes,
7
1943
$73,624
__
1942
1943
1943, after provision of $2,020,000 for
"In
153,519
' 7
Schumacher Wall Board Corp.—Earnings—
Co.—Earnings/-
31—
depreciation and Federal inexcess profits
tax—>——.,-4—---
after
Earnings per share on common-
$1,573,923 $16,955,168 $17,204,969
( /7':;/-;
V.
:,7' /
6 Months Ended Oct. 31—
"Net
Dividend of 25 Cents—
declared the usual quarterly dividend of 25
have
—V.
extra dividend of 25 cents per share on the common
stock, both payable Dec. 28 to holders of record Dec. 17. An extra
of like amount was disbursed on Dec. 28, last year.—V. 158, p-. 1942.
Operating
profit
come
1943—11 Mos.—1942
1943—Month—1942
_A_—7—/$1,521,788
Sales
.
per share and an
\
Net
.
(The) Schiff Co.—November Sales Off 3.31%—
Lexington Avenue.
He will
manufacturing operations in
Ritter Co., Inc.—Extra
7'
'
,
Curran
company's
77 7.,' .7:
•
at the company's New York
be in direct charge of the
all of its 14 plants in the
United States.
Reem also has three plants in Australia. :
The company, a winner of four Army-Navy "E" awards, now makes
large caliber artillery shells and cartridge cases, aerial bombs and bomb
parts, depth charge cases* airplane parts and assemblies, "blitz" cans
and numerous containers for the .armed forces.
Its peace-time work
is the manufacture of steel drums and heating units.—V. 158, p. 2196.
Mr.
;
office,
of
shares
670,860
-
Period End. Nov. 30—
plant.
and excess profits
"After charges1' anci. reserves for Federal v,income
T1943, $3,265,139) "and contingencies.
fori
capital stock.-rV.7l58, p. 1675.
:
taxes
charge of
the com¬
S. Rheem,
Rheem's
,
of William E. Curran as vice-president in
of the company and as general manager of
Appointment
j.
;"/
to
Reconstruction
has announced that it has soli
Redpath $946,000 4%- equipment trust certifi¬
'The price was 103.89 and accrued in¬
Finance vorp.
Auchincloss, Parker &
cates, Series FF (subordinated).
terest.—V. 158,-p. 2260.
Period End. Oct. 31—
$
Operating revenues——!
Uncollectible oper. rev.^.
revenues'—.
10,282,490
6,735,239
2,195,263
Operating
Operating
taxes———
Net
income-
Net,
—V.
2——
84,254,194
55,229,280
16,351,020
13,705,090
10,332,006
12,673,894
9,556,575
1,325,075
1,015,930
1,351,988
987,737
income—
oper.
9,132,604 100,294,337
5,809,619
64,419,160
1,997,910 22,170,037
158, p. 2196.
,
Southern Canada Power
1943
Sept. 30—
Years Ended
^
,
connected—u
35,119
$2,828,760
165,352
33,669
$3,065,521
$3,082,186
164,545
$3,230,066
237,685
earnings——•
Gross
Purchased
power
Operation
179,069
$3,261,255
337,034
421,033
745,237
224,043
1,800
revenue—'
Miscellaneous
448,476
•
—————
t:Taxes ——- —,X--,824,565
Maintenance .—rx~>-X~
,
294,124
1.800
274,562
debts'
Bad
Interest
n
X—;
$1,257,528
532,620
662,689
.
$1,790,148
425,334
——~$1,811,643
paid—425,334
Common divs. paid-.-—
320,000
Employees' pension fund
23,630
Transf. to deprec. res.. ...
359,000
Total
Preferred divs.
320,000
20,000
362,125
X-
♦Adjusted.
$1,584,394 *$1,528,894
425,334
425,334
320,000
319,977
X'
Assets—
...
investment. X**/X—
and in banks
-Cash on hand
793,268
90,007
2 ,673,486
282,825
238,782
investments
Accounts and notes receiv., incl. accrued rev.—
Merchandise and maintenance supplies——
Prepaid and deferred charges
90,007
2,829,907
314,290
: 288,406
71,699
105,938
83,850
71,549
receivable, less reserve-——,
for
13,194
9,443
86,855
employees—
stock held for sale to
Common
profits tax
Refundable portion of excess
~
income
Gross
Federal
defense plant
of
Liabilities—
•■■'•■//,•//; /;.■
debt x/———a——
Accounts'payable and accrued liabilities.———
Funded
for taxes——
'
14,885
10,281
17,940
'
$6,108,923
129,629
464,706
.a.——
shares)———
shareholders' interest in sub. company
stock (400,000 no par
Minority
depreciation
Reserve for
Investment
on
Earned surplus
1942
in
30, the market
$3,236,797 in 1943.—V.
8,000,000
2,259,067
52,858
197,390
157,
11,783,910
revenues—X-
Operating
Uncollectible
Operating
Operating
25,843
rev-
oper.
11,758,037
revenues
expenses
7,408,815
—_
2,681,744
Operating taxes—
Net
oper.
—V.
158,
(A. G.)
The
1,625,324
1,281,360
15,914.817
12,726,297
be
at
an
98,664,248
357,165
98,307,083
63,241,259
19,995,181
-15,070,643
li;785,330
Spalding & Bros., Inc.—Tenders Accepted—
Dec. 9 authorized the acceptance of tenders of the
preferred stock made pursuant to its invitation of
and including a price of $42 per share. The amount
purchased is 2,950 shares, at an aggregate cost of $116,125, or
average of $39.36 per share.
The stock is to be cancelled and
on
300,000
$7.14
$10.56
.,
"
J
..rX.',Y
.
1943
1
Million "V" Credit—
Deferred
by
Federal: income
(E. R.) Squibb & Sons—Earnings—
-"4n
profit——--———.
1942
*$471,628
428,041
$0.94
4r0.307
Outstanding shares of common stk,
$1.05
Earnings per common share———
♦Revised,
fAfter
all
Canadian subsidiaries)
$546.211
Quarter Ended Sept. 30—
•(Net
and
charges
profits taxes (1943, $1,003,258; 1942,
472,682
$0.95
excess
■;
♦Net
Ended Sept. 30—
profit--.-
and
Interest
taxes.—V.
per
Total
—
158,
1943
1942
1941
$244,094
,Y
.\.
§48,987,411 $39,675,163
18,365,421
.
.
———XXX-X4--.——--
——.--i,X4—44444^
Judge
San
Albert
Francisco,
company
were
L.
Watson,
Calif.,
invalid
on
of
Dec.
and
the
2
(Del.)—Suit Dismissed
United
ruled
dismissed
that
a
States
two
damage
District Court
patents held
at
by this
action filed by
44,693
-
stock,,.
t 30,000 shares of preferred
■
.
Y;:.
$1,583,350
430,000
-Yv 430,000
724
22,256
8,210
$97,465
$1,178,629
$1,145,140
'
The company has filed
/•■v
55,416
$41,508
$0,18
a
determined
by
named
Rights
preferred
stock
($100
stock
(par $25),
filed by
will be
par),
Sept.
399.
new
income
30,
;
X
p.
9 Months Ended
Net
Sept. 30—
Int.
the
$3.68
,
after
Co.—Earnings—\
1943 % - ;
1942
Y
* Y
.
$411,063
$1.93
$1.76
int.
Steep Rock Iron Mines, Ltd.—Soon to
Y-
xx'Y
75,938
842,427
826,819
83,333
83,333
1,000,000
1,000,000
$812,130
$3,906,673
$3,240,707
profit
per
com.
sharex
375,678
Co.—Earnings1943—9 Mos.—1942
$304,879-■■ $278,332
<
& Light
—-
taxes
Co.—Earnings—
$0.31
..
1943—12 Mos.—1942
$1,151,752 .$14,332,294 $12,372,611
1943—Month—1942
$1,333,094
500,855
•
64,015
,X.—
5,691,199
1,651,291
440,180
Crll3,498
70,833
192,214
.Federal taxes
Other
$0.34
excess profits taxes.—
'..Y-Y1
Operating revenues
Operating expenses
■
$1,517,367
';'•■/••
.
158, P, 646.
Texas Power
«
1941 :
$591,202
Y'-.Y $2,53
:
CL"..,S,
375,678
...
1943—3 Mos.—1942
$103,320
„
$62,699
$0.11 $0.07
Federal income and
and
charges
-/
$2,044,570
stobkX7-w--x
^-YY; Y
.
57,532
Cr8,093
;
$672;343
$218,481
Texas Gulf Producing
Earn,
1,686,500
211,931
3,719
——
1864.
p.
Period End. Sept. 30—
♦Net
1,686,500
140,542
--.
applicable to preferred
158,
$3,261,399
12,324
construe.--
income
Net
20,692
$3,934,908
140,542
to
V.
28,235
$816,604
$371,347
bonds——
4,474
-,V
5,345
deductions
&
chgd.
Dividends
5,330,065
1,110,489
786,955
762,742
1,200,000
1,200,000
Property retirement res;
appropriation
;
,
■"•
7,616
$4,996,389
*32,701
$3,961,699
21,390
$661,240
$5,029,090
2,045,000
$3,983,089
521
i./'X"
$475,498
Y .Net oper.I revenuesOther income/ net-'—//
'Y.YY-y'"-;<;y
Rock Lake which will permit open pit mining
high grade iron ore in the 1944 season is under way, according to
D. M. Hogarth, President.,, '.;'.'
'/■■/ ;'. .'•'. r
y
Delivery
of power by the Hydro-Electric
Power Commission of
Ontario
began Nov. 28, Mr,< Hogarth said, bringing the production
development of the property into, the second and final-stage-
6,460
$653,686
7,554-
512
investments-x/
•."/YY'i1
Begin Mining
XI-^-j.
100,000
V
100,000
of limited-"
Amortization
stock—V. 158, p. 1180,
common
1,398,632
1,382,706
Cr391,207
53,082
Period Ended Oct. 31-,
■
1943—12 Mos,—1942
$938,387 $12,264,876 $10,809,641
4,343,483
5,133,070
358,193
128,886
-
—XY
mtge.
on
Other
Int.
$0.64
share—/—
,
.
Co.—Earnings—
453.213
——
(net)
income
term
Operations—
$2.43
„
1943—Month—1942
$366,002
income
Gross
$186,079
$0.69
$451,471
234,000 shares of
♦On
$201,518
$0.56
—.———
♦Earnings per common
;
amortization,, and
1676.
$1,084,516
—
revenues-—
oper.
Other
;'
'4
income
Net
$2.67
,
depletion,
appro.
♦After-all
$161,836
Steel Products Engineering
.
'■
1941
1942
Others
Sept. 30,'43 June 30,'43 Mar. 31/43
and taxes-.
share——-—
1675.
-
for
X'X—XjY
taxes
retire, res.
Prop,
the rate of one
stock at a price
be
to
after chgs.
common
per
158,
<
1943
.
for .depreciation,
charges
,4'Y
the 1943 and 1942 periods are after a charge
income of $8,000,000 which has been set aside as a reserve for con¬
Other
:
income
to
—WXX4 $29,110,467 $26,458,117 $40,063,434
expenses
Federal taxes
be purchased by
filed by amend¬
■-:x4''"-4 ■'''' '.'Y
-4Stockholders of the company are to meet Dec. 22, 1943, to approve
the new issue of $10,139,900 of cumulative convertible preferred stock
and 488,888 additional shares of common stock, a portion of which are
to be reserved for conversion of preferred.
Any shares not so reserved
would be available for issuance for oil-producing properties and for
other corporate purposes.
.47
~
4
Net proceeds from sale of cumulative convertible preferred stock will
be added to general funds of the company and will be available for
working; capital, capital expenditures and general corporate purposes.
—V. 158, p. 2367.
'■ VY,
"xYYr'X
■
profits taxes for the
$77,755 and $79,041
excess
;•■ x
Sept. 30—
Operating
.
named later at
share of preferred for each eight shares of common
to be fixed by amendment.
Unsubscribed, stock will
underwriters and offered to the public at price to be
ment,.:
and
amounted
1942,
-
Period End. Oct. 31—
4
•
,
preferred stock will be issued to common
date
record
a
$0.43
.
Subs.)—Earnings—
Operating revenues :
amendment.
by amendment.
of
$0.53
$0.16
Texas Electric Service
registration statement with SEC for 101,389
shares of common
directors,
purchase
to
$97,035
providing for Federal income and excess profits taxes.
to
;
Moseley & Co., Boston, is named principal underwriter.
stockholders
i
$120,811
$35,383
,
t
^"-Yyy
xyYx
4943—9 Mos.—1942
1943—3 Mos.—1942
•
Ohio—Registers Preferred—
convertible
number of
70,000
.
""1,016,188
(Excluding European Subsidiaries)
•
Note—Earnings
and an
Dividend
rate
on
the preferred
stock will be supplied by amendment.
The
shares of common stock are to meet conversion" privilege of preferred
stock and will not be offered separately.
Conversion rates, which will
cumulative
of
'
956,420
for Federal
p.
prof it X-—--
♦After
,
in 1942 and $3,285,208
-VX,"
197.
$1,630,886
•*.35,833
3.385
,
Earnings per common share
1;
239
.
$134,023
;
:
*
ended
158,
9 Months Ended
♦Net
preferred stock,
/4
84
•'
.
$133,393
35,833
■■rc.i-..
Texas Co. (&
stock.
'
-4
for amortization of $1,202,864
Standard Oil Co. of
indeterminate
510,222
$1,625,819
$1,580,106
5,0663,244
$133,783
di vidends_Xa
•
1943.—V.
.*
/
depreciation of $6,869,531 in 1942 and $7,353,011 in 1943.
p.
529,865
'51,069'
..
$133,309;
——:
—
Note—Provision
$48,987,411 $39,675,163.
•(Represented by 100,000 no par shares of cumulative
158,
763,259
552,610
$94,174
nine'months
in
3,750,000
2,500,000
1,545,350
8,787,162
.
-10,264,542
$?» dividend, and 300,000 no par shares of common
1243.—V.
326,923
46,828
* After charges and provision for Federal income and excess profits
ton 226,600 shares of capital stock. 4,4 ,4;
4
:
'4 ; 4 r ,4
'
;
21.924 Y-
Dewatering of Steep
of
Diversion
the
where
company
lake
the
out
of
waters
of
and
,
the Seihe River system has
Interest
.
out.; by the '
;
,Y *
barried
R.
D.
undivided
bodies
has
v.
p.
158,
general
Consolidated
interest
in
ratified
been
1077.
manager,;
.
Int.
—V.
6,744
••
.
iCrl,527 Y
Cr8,899
2,045,000
120,000
120,000
193,755
Cr49,406
Cr9,708
10,000.
„
12,304
p.
''
"
1772.
Y
'
116,556
■
$2,719,741
865,050
>
$1,711,241
865.050
"
;e
Prov.-
stated that the agreement between
Sunshine Mining Co. acquires a
"
'
'
•
-Earnings—
1943
1942
1941
$1,819,075
200,118
$1,270,973
176,087
$1,205,101
$1,618,957
Consol., net earns,.from operations-
$830,059
' 9;223".
;
(& Subs.)-
$1,094,886
$1,033,632
9 Months Ended Sept. 30—.
„
•
which
• •
158,
Thermoid Co.
f
1942
all, Suhghine Consolidated veins and ore *
by
Sunshine Consolidated .stockholders,—
"
,,
'
company's/
1943
$499,135.
-Y;il,206
X^X——
under
,10,000
bonds-'
a
1
•
.
deb.
int. and deducts,
charged to constr.
Other
170,417
,
income.^--—,x———X.X./YY
receipts
Leisk,
Sunshine
50%
mine
net
•
on
;
170,417
mtge. bonds
on
point Pumping /
Net 'incolhe ' —-->
'$313,600
$475,606
body for
Dividends" applicable to preferred- stock
——
reached
will take, over the project this month.
stripping and equipping the "B" ore
next August will. De
engineering staff.—V, 158, p. 494.
by
production
$497,422:-
income/-'_ui-X
Gross
Interest
for-
deprbciationX—_i-X_--
Consolidated ; net
Interest, and
Res.
.
Prov.
earnings—Y-—
amortization,
for, employees'
for Fed. and State
.:
etc.--—_
welfare
trust
93,661-
92,534
-
171,469
96,133
191,000
125,000
799,800
*424,200
394,500
$535,623
*$452,024
$543,000
$0.98
$0.80
$0.98
.
inc. taxes-
■
Net
.
'
'X
^
reserve
2,715,161
391,710
Maxes,
12,029,093
•
i-,545.350
surplus —4—^.XX-Ji^—a—Y
Capital
$0,662,279
3,231,990
30,108
56,200
profitx—a—T
fEarnipgs per share——
Y-
payable (banks)
—X
■
1,800.000
for contingencies and post-war. adjusts. Y 1,000,000
Earned"" surplus
$6,565,390
240,345
-
.
Period End. Sept. 30—
•
;'''-''Xv-YX';XX'''''
'"V*
taxes——X-X-4—IX—4—_Y_
for
1943—12 Mos.—1942
$502,135
'
Tel Autograph Corp.—Earnings—
1,437,951
Reserve
—V.
1941
$829,446
418,025
$1.98
1
X———X^X-—-X^^-sXX '-'$6,028,750
Miscellaneous
778.
Standard Oil Co. of California
•
charges---—
•
Preferred.
385,950
——a-4—--X—X
stock
Reserve
Earn,
$1-72
'Common .dividends "X.--
$6,028,750
.^Treasury stock,-..——w_-V—
X
al-^ Drl,046,582 Z)rl,046,582
Accounts payable and sundry accruals-XY 41,029,931 ' 6,081,3.94
$265,440
common
p.
ex-
taxes—r_
xs,;:v X-V. 158, p/ 2197','
319,320
Liabilities—
Estimated
$243,748
•
—
—
414,649
v
.
1942 ,
$689,554
Y 412,583
$1.67
1943—Month- -1942
>" .:;Net-.income
'10.000
210,000
,
•\
charges-
tCapital
be
Y
$715,652
,.
$565,602
293,663
- 37,736
Retirement reserve accr.
'
10,291,034
9 Months Ended Sept. 30—
share
$0,53
$0.53
$0.63
♦After provision for Federal income taxes at the rate of 40%.
fOn
the 216,604 shares of common stdek.
Note—The corporation states it is 'hot subject to any excess profits
fEarnings
and
Income
Gross
.
v
>
10,686,311
advancesxY—-a—XY1- ? 1,571,523
-a---Csia'
^Sunshine Mining Co.—Earnings— ;
Standard Cap & Seal Corp.—Earnings—
9 Months
xX—'
share.—Y.-v1
Other taxes
,
1941
$520,237
provprm for income and
$432,710t.—V. 158, p. 1943.
profits
cess
.
(Including consolidated domestic and
1943
profit——————
Net
Net
"V"
arranged
and
Sept. 30—
Period Ended Oct. 31—
Standard Stoker Co., Inc.- -Earnings—
credit for $125,000,000 running to Dec. 31, 1946
this corporation with 57 banks from coast to
coast headed by the Bankers Trust Co., New York, according to an
announcement made on Dec. 10 by Thomas A. Morgan, President.
"During the negotiations we received the utmost cooperation from
the United States Navy, which is guaranteeing a
percentage of the
credit," Mr. Morgan said.
It is expected that the credit,
finance all of the company's war
production as well as eventual terminations.
;
Mr. Morgan pointed out that Spery's expansion program has been
completed and production is running at a high rate.
While some
terminations, involving in most ca-cs forward commitments, have been
received, the present volume of production is not appreciably changed.
The company is still receiving new contracts on more recent develop¬
ments, notably in the radar and electronics fields.—V. 158, p. 1772.
regulation
been
over
are
savings
Maintenance.
,
V1942
i
10,017,000
210,000
stockY--iv—4—4—i*
paid on preferred
Inventories
will
into
which
pays
amount
employee's
the
Operating revenues
Operation Y—_
6,340,560-* "6,120,795"
—-.I
notes—
Treasury
Dividends
shares
an
Tampa Electric Co.—Earnings-
v
.
*
i:
piant facilities--
Total
■
company
*Aft$r charges and State and Federal taxes.—V. 158, p. 681.
$6.35
.
'X; i'.'.Y..
equipment-— $5,069,618 ' $5,691,845
1 .8,135,032 i' 8,301,055
^ ^ ^
i. Yi—
^
6,854,046 ? 6;6.97,037
;
3 Months Ended—
A
the
of
Earnings per common
V.
has
of
present time there
members
•Outstanding number of common shs.
X'X—'
$9.42
and notes receivabie-Y-.^i*i^i;^Ji-i^'
Notes
the
income before Federal taxes,
.
Si Defense
158, p. 1243.
Sperry Corp.—Arranges $125
one-half
to
are
<*Net
YYY;,!YY> Y;VY Y!!' *;■" 'YxY-'Xy
Assets—"'-'
F. S.
first
retired.—V.
210,000
1,200,000
*Land, buildings, machinery and
-
those
X
contribution,
employee's
net
the ages
hired at 40
between
eligibility;
•
year
9 Months Ended
;
$2,116,738
1210,000 - - 210,000
1,125.000 •-'"750,000
300,000 300,000
v';
S.
hired
Persons
for
three
Sylvania Industrial Corp.—Earnings—
$3,035,466
$3,379,995
Consolidated Balance Sheet, Aug. 31
be
-1942
8, 1943, up to
to
the
its
of
year.,
tingencies due to the war.—V. 158, p.
2196.
directors
companv's
Nov.
10,588,997 113.639,919
6,539,368
71,826,116
2,374,405
25,838,986
1,356,710
—
p,
10,624,923 113,932,117
35.926
292,198
1,667,508
income—,
inrcme
Net
1943—10 Mos.-
4%
one
in 1941.,. $9,250,000 in 1942, and
retirement- credit of $480,000 and
$1,595,000
>•'/'%•
SAiter
Co.—Earnings-
1943—Month—1942
of their pay.
only two years
only
.
U.
the
•
,
! 518,000
Corp.—Liquidation Agent—
Southwestern Bell Telephone
Period End. Oct. 31—
.
*
300,000
sh. common.
per
Includes
♦After
998.
p.
3 %
need
$5,225,000
(after
deducting debt
post-war
Operating income-—refund oP $100,000 in 1943p; for excess profits ;tax,;j fPrbvisioh for pos- •" Other income,, met—
sible loss^on investment in &n& account with affiliated company in
;;
of
Chairman
Learoyd,
with
.
'/X——L—
596,179
' 537,808
;
613,333
.
675,000
.
outst. (no par)."
com.
662,689
Trust Co. has been appointed liquidation and
distribution agent for the above corporation to distribute proportionate
amount of cash and
cumulative income debentures of Southwest
Natural
Gas Co.
and
common
stock of Cumberland Gas Corp.—
V.
604,589
'
Manufacturers
The
Cr65,000 /
,0100,000
dividends-—/
Common
France.
S.
contribution.
2,600 employees of the company
retirement plan.\ Next year a
large number of new employees will complete the required waiting
period and become eligible to join the plan.-—V% 158, p. 2087,
1,266,088
17,313
500,000
'
192,879
683,679
40
require
the
At
•
—
the
who
,
7,088,900
and
equal
$4,6^2,337
——
Net profit—.
— v $2,362,380
210,000
Divs. paid on pfd. stock
in
Southwest Consolidated
'/
John
to
excess
Depreciation,
158, p. 2196.
and
1940
—
52,445
136,875
$25,711,414 $25,220,827
value of other investments was $2,6007-
at Sept.
*As
2,709,975
52,677
—
————
—
106,330
————————X—————,
Total
168
—:
contingency reserve—,
Miscellaneous, and
2,000,000
according
year,
Supplementing
1216,409
profits
tax credit ———X
455
debts———————-XX-X
for bad
Reserve
.
7,088,900
8,000,000
participating pfd. stock ($100 par) —
cum.
Common
*!
,
1943 will roughly,equal the total member contributions.
The company; also makes an additional fixed contribution to the fund
219,464'
124,720
•
..
years' service or
eligible to participate In the savings and retirement program
over
.for
for
Post-war
94,338
56,515
136,875
deposits, including interest——
Bond interest accrued———
———
Customers'
6%
1,008,145
contingencies
post-war adjusts. // /xJ_!x
possible loss
and
$6,109,281
440,064
106,334
————
,
-
for
Prov.
Prov.
Investments
provision
x.
2,082,343
'
the, savings and retirement plan of this corporation
a
profits distribution equalling approximately 100%
into
the savings
and retirement fund at the
and Retirement Committee.
the Sylvania plan all employees
the iund
'
'facilities
Accounts
$25,711,414 $25,220,827
Total
Dividends payable
.1—
taxes,
Amort,
2,033,355,
464,631
*6,125.000 *11,500,000
2,178,279
457,343
exp.X
holdings.*—
'
•
.
from
this
are
35
and
$4,452,893
$9,158,511
1,606,335
15,812
*3,210,000
$13,809,933 $20,964,458
———
Adm., gen. & sell.
Other charges
Shs.
of
Subs.)—Earnings—
1942
* 1941
$20,717,201 $8,953,643
'Yc 247,257 V 204,868
1943
'
of
contributing
by
"
and securities held in escrow by trustee
bondholders ———————
Funds
■
764,521
*Other
Mortgages
1942
..
,396,903 $21,144,208
—
affiliated companies, bonds, shrs.
advances at book value.————.—
Investment in
Other
*
1943
31—
profit -X——— $13,492,529
income XX——X' 1 317,404
Earns,
Sept. 30
Consolidated Balance Sheet,
and
309,513
more
and the oil firm was held
General Biddle.—V.. 158, p. 1943.
Spicer Manufacturing Corp. (&
Gross
of
Under
Navy control of operations.
former contract between the Navy
Attorney
'
'
contributions
Savings
the
by
where .It has .considerable
valley
.
'
'
benefit
their
end
giving the Navy Department the right to terminate
'notice, was approved by Attorney General Francis Biddle.
It was-invoked to give'Congress time to decide.on two pending plans
for handling of Navy and Standard holdings. in the field—condemna¬
tion of Standard's properties or a proposed Navy-Standard agreement
illegal
the
'
Y'
,'
Members
of
30 days
giving
625.
p.
'
will
i
' '>
•'
;■
County in
Sylvania Electric Products, Inc.—Savings Plan-
extension,
The
on
*;
20,000
335,440
profits taxes.
cludes excess
Plant
438,625
f 473,868
$683,679
.
announced.
Years Ended Aug.
$662,689
$483,620 *$474,070
tSurplus of discountlnued subsidiary eliminated,
fIn¬
Surplus
extended
141,755
$1,110,526 *$1,090,269
144,
;
agreement between the Navy Department and this
for operations in the Elk Hills, Calif., oil reserve has been
20 days beyond the original Dec, 8 expiration date,, the Navy
company
$2,570,172
$2,994,112 *$2,711,927
237,403
263,878
*412,511
407,679
*473,280
714,086
209,198
221,547
3,600
1,800/
285,666
274,596
274,580
$1,148,954
Surplus for yearly—~
Surpl. brought forward.'
31,308
Starr
V.
to construct 85 miles of eight-Inch line fronp. Harbor
Seeligson area, with a 60-mile extension of six-inch line
the
to
to
temporary
The
32,631
Extended-1-'
Elks Hill Agreement
1940
1941
3 942
Electric revenue—.„x
Customers
-Earnings
Subs.)
Co., Ltd. (&
Tsland
'
The
expenses——
Operating
.23,896
.
84,545,718
291,524
9,165,048 100,561,765
32,444 ,
267,428
10,306,386
geeks permission
'company against Tidewater Associated Oil Co., Inc. The suit charged
infringement,
■ ••.'
X
The patents were on processes for distilling gasoline and removing
sludge and other waste materials.
.<
Telegraph Co.—Earnings1943—Month—1942
1943—10 Mos.—1942
Southern Bell Telephone &
Monday, December 20, 1943
COMMERCIAL & FINANCIAL CHRONICLE
THE
2476
Sun Pipe Line Co.—Proposed Expansion—
„ ^Y
The company has requested approval of the .War. Production Board.
for construction of 145 miles of pipe line to properties of Sun Oil Co.
in the Rio Grande Valley and Corpus Christi areas. The company
profit——
Earnings
••
per
—
common
share--——-:
,
"Revised,—V. -158, p. 2048.
;
,
(Contirtued
on page
2518)
THE COMMERCIAL &
Number 4239
Volume 158
Stock and Bond Sales
DAILY
deferred delivery «ale« are
NOTICE—Cash and
furnish
we
the current
Stock Exchange during
Securities
Dec. 15
Dec. 14
Dec. 13
Dec. 16
Daily Record of
17
Dec.
:
,
«
.
Total
105.21
sales In $1,000
[High
-
:
(High
| Low
...
[Close
••Y';'-
.
Total
sales in $1,000 units
(High
2s, March 1948-50.*—■
low
Y:1Close
•'..
[High
( Low
Total sales In $1,000 units——"
Y>|Y
1948-50—
,; •'
Low
(Close
•
Y- Total sales In $1,000
[High
I
[High.
2s, Dec.
sales in $1,000 units—.—-
units
—
High
Low
Low
2s, June, 1949-51
[Close
units..
Total sales in $1,000
Total
103.17
[High
i Low
193.17
sales in
103.17
[Close
-
2%S, 1945-47—;
$1,000 units——
Y
.[High
,
2s,
1949-1951
Sept.,
Low
[Close
;•
Total sales in $1,000 units
Total sales in $1,000
f High
100.6
Low
[Close
2%s, 1948-51
*
(High
2s.
100.6
.
101.7
\ Low
101.7
(Close
1949-1951
Dec.,
'
101.7
■
3
Total sales In
$1,000 units——__
"•
(High
\ Low
2%s, 1951-54
units.-
100.6
In $1,000 units
Total sales
1947.
."'Y
[Close
•
[Close
i;'
2s,
Low
—-
sales In $1,000 units
Total
[Close
;
101.17
units..
■■
Total sales in $1,000 units—
——
101.17
■
2V4S, 1954-56—...
[Close
—
101.17
Low
Olos©
fHign
'Y '■
—
*
—i Low
3s, 1951-55—
(High
] Low
(High
105.21
105.21
Low
v
Low
——*
2y4s, 1952-55
,
[Close
^
^
1950-1952—.
Y '
■
2%S, 1956-59
V.;
■
,
2s,
■-
$1,000 units
2yas,
v
5
257
(High
Low
Close
Y
V
( Low
[close
—
/' Y-
Y';.
Total
•
sales In
V" '-j1' • ■
$1,000 units..
(High
(High
l%s
1948—-
Y, 'Y-!■;"vy
Total sales In $1,000 units..
101.8
(Low
[Close
—
'
[Close
$1,000 units
Total sales In
100.5
100.6
$1,000 units
1953-55
2s
\ Low
-
100.6
100.6
100.6
("High
units..
1948
In
100.19
25(1
Total sales in $1,000 units
.
[Close
2%S,
100.19
15L
„J Low
[Close
1951-55...—.
23,
(High
( Low
Total sales in $1,000
100.19
100.6
(High
,v.\
[Close
1945
100.18
■: <r~
■
Low
Total sales in $1,000 units—:
:
Total sales
—
(High
2%S, 1960-65—
Y,
!)
.{ Low
....
2s, 1951-1953—
[Close
.
Total sales In
ft
.
Y
,
-j Low
■
-
1950-1952..
[Close
[Hign
•
Sept.,
100.19
Total sales In $1,000 units—
units—
2%S, 1958-63
101'
,100.19
[ High
[Close
.
101 ;
Total sales in $1,000 units—
(Hign
( Low
———
■
Total sales Id $1,000
101
Low
■
Close
units—;
Total sales in $1,000
n '/a
(High
March,
2s,
| Close
'
5
[Close
Total sales in $1,000 units.—
YY
K
10
$1,000 units.*—
1
[High
-—\ LOW
3y8s, 1949-52——-—
2%S, 1955-60
100.2
4
in
Total sales in $1,000 units.—
High
Y...
100.2
100.29
100.29
*1%
units.—-—
100.29
[Close
■
100.2
100.2
100
2V4s, 1951-53.
400.29
100.29
100.29
*
Total sales in $1,000 units—Y—
Total
100.2
100.2
100.12
[Close
—Low
.[Close
3s, 1946-48—
5
100
100
Total sales in $1,000 units—
[High
^
17
100
100.12
2%s, 1967-72
units
..
Dec.
100
100.12
Total sales
Close
•
3%s, 1946-49
Dec. 16
to
100
1 C*l03©
Low
•
-.
•
Total sales in $1,000
!
Dec
(High
1964-1969——Low
2'/as, Dec.,
.
.
High
,■
\
on the New York
High
■
~
Dec. 14
Low^
[Close*1'
...(
units
Total sales in $1,000
Dec. 13
Total sales In $1,000 units
[Close
..
Total sales in $1,000
'
3%s, 1944-46
1964-1969—
\ Low
-
.
Dec. 11
Prices
[High
2 ya a, June,
[High
3%8, 1946-56
(J. 8. Bond
Treasury
—
■
4S, 1944-54
the New York Stock Exchange
on
transactions in Treasury, Home
i Low
[Close
$1,000 units
Total sales In
:■
they are the only transactions of the day. No account Is taken of such sales In computing the range for the year.
(High
treasury
4%s, 1947-52—:
;■ v
Dec. 11
Prices
Dally Record of U. S. Bond
YEARLY
-
Owners' Loan and Federal Farm Mortgage Corporation coupon bonas
week. Figures after decimal point represent one or more 32d of a point. (See note below).
daily record of the
a
WEEKLY
disregarded In the day's range, unless
2477
New York Stock Exchange
«»
-
United States Government
Below
FINANCIAL CHRONICLE
101.8
101.8
5
High
2%s, 1949-53—
Low
——•
Federal Farm Mortgage
Close
in $1,000 units.
Total sales
■
—
<
[High
<
2% 8,
*
Total sales in $1,000
units
/•''
•'■
Y.-'Y
.-
y, Y':
(High
( Low
V-1-'::[Close
,
,
•
3'As, 1944-1964
v..
-( Low
[Close
1950-52—
Total sales
in $1,000 units.—_
High
—
[High
3s, 1944-1949
Low
———
Close
( Low
2%s, 1952-54.
[Close
Total sales In $1,000
Total sales in
$1,000 units-
units—
[High
Home
j Low
2%S, 1956-58
Loan
Owners
[Close
Total sales in $1,000
(High
units..
<
1944-1952
3s, series A,
sales in $1,000
Total
,—Y Low
2%s, 1962-67—:
100.3
•.■i-
[Close
100.3
A Low
[Close
1963-1968——
Total sales
1
Monday
S per
$ per share
"59%
107%
*58%
60
*107%
108 %
47
48
*47
AND HIGH
SALE
Tuesday
share
60
S
per share
59 %'
108%
47%
Dec. 15
108%
*47
108%
59
:
*108%
Dec. 17
S per share
59
:
108%
59%
*107%
*50
51
10%
10%
29%
29%
,
•
.
59% Y
*47
48
47
51%
*50
52
50%
50%
10%
10%
10%
10%
30
29%
29%
*29
19%
19%
39%
40%
39 %
*66%
6%
6%
119
121.
51
66%
6 %
120
2%
10%
10%
xlO
29%
29
*19%
20
*19%
19%
19%
X9%
40
39%
40%
39%
40%
*66%
70
120
6%
117
2%
*68
117
69%
*66%
6
6%
6%
5%
120
120
120
69%
6
120
10'A
2,100
Address-Mutlgr
40%"
8,700
Air
6%
*120
*
2 %
2%
2%
2%
2%
26%
27%
27%
29 %
24%
25%
25%
28%
26%
26%
26%
27
27%
28%
24%
25%
25
41%
9%
*9%
145%
146
*40%
25%
*70
9
144%
33
For
13%
*13%
33%
*13%
31%
footnotes
see
41
40
25%
73=
9%
146%
13%
25%
9%
142
2487.
40%
25
73
*13%
42'%
75
*9
9%
144%
*13%
.
38 %
33%
25
*70
■
9%
145
13%
32%
39
24%
.
25%
*143
137/a
32%
"
*70
9%
143
32%
33
page
40
25 %
*70
75
9%
145%
2% '
38%
38'/a
24%
*9%
145
\
13%
13%
33%
X32%
34%
& Vicksburg Ry—
Juneau
Gold
Min
37
May
115% Sep 29
52
July
3
57% Sep 18
104
Mar
113
Dec
31
May
Sep
43
Jan
41% Jan
7
18%
T,IJ
300
34,700
Dye
..10
14% Jan
8
par
.100
38% Jan
8
48% Jun
Jan
28
..10
3% Jan
7
67
85
Jan
25
41%
76% Sep
3
69
Oct
7'/a Apr
6
1% Mar
4
Nov
8
69% July
121
Dec
Inc7—7—_~.
10
5 Ve J an
2
31% Sep
25
25
45% Sep
25
6% Nov
Apr
6% Nov
17
Jan
22%
Jan
73%
Feb
4
3%
Apr
7%
Dec
July 15
118%
Apr
31 Ys July
15
75
2
.May 26
11% Jun
165
Oct
Apr
3%
NOV
11
9
%
3%
May
11
64
19
Feb
57%
Jan
I81/a Jan
Jan
Dec
04%
Jan
3% July 14
32% Sep
.100
7
Dec
16%
Apr
Jan
2
140% Jan
Deo
Mar
5y8 Jan
Jan
26%
29%
.100
13
•
61
-
•j'ij Jan 11
Jan
8Va Nov
Apr
Jun
48%
Dec
1
...5
rify
Allied Mills Co
Apr
32% July 13
21% Mar 30
par
2,400
39
13
...1
Sc
5
2
Chemical
Allied
51%
63% Mar 12
9
6
par
S per share
4
7% Jan
par
.100
Highest
■
Nov
35% Jan 23
25% Feb
Allen Industries Inc...
500
•
■
9 per share
1943
51% Jan
108
—1
8,900
1,900
t per share
par
.100
5,300
9%
13%
32%
-
Inc—_—... No
f per share
Par
Allegheny Corp—
5l/2% pf A with $30 war..
'
5Vs% pf A without war..
$2.50 prior conv preferred.
Alghny Lud Stl Corp
Alleg & West Ry 6% gtd__._
75
146
No
Albany & Susquehanna RR.
34,600
251/4
*70
No
Corp
Year
Lowest
Highest
5%
90
25%
73
.25
22,000
26
27%
Alaska
15,200
120%
2 %
28
Reduction
Alabama
69%
5%
27
25%
.—
Corp.—
20
*66%
No par
Express—
Adams-Millis
40
2%
25%
Adams
3,700
.No par
.100
...
Steel Co
800
28%
*70
Acme
1,300
,
preferred—
4%
Abraham & Straus
30
2%
*41
-
20
80
50%
27%
2
Abbott Laboratories..
400
\
48
19%
•
Lowest
Par
*28%
19%
39%
59%
50%
10%
19%
6%
Range for Previous
Range Since January I
EXCHANGE
Shares
108%
*47
29
40%
..■72.
5S%
*107%
47
30
*19%
72
51
registered bond.
STOCK
YORK
NEW
for
the Week
1 per share
108%
48
Sales
Friday
Dec. 16
'
*50
of
STOCKS
Thursday
..
S per share
59 %
.
transaction
RECORD
PRICES
Wednesday
Dec. 14
Dec. 13
Dec. 11
$1,000 units—
sales,
lot
♦Odd
NEW YORK STOCK
LOW
in
100.3
Total sales in $1,000 units
Saturday
'•■.
(High
—-——( Low
l'/as, 1945-1947
[High
2yas,
units....
Y.Y:".Y
[Close
Total sales in $1,000 units..
•
Low
[Close
[High
10% Jan
8
14% May 22
par
16% Jan
4
37% NOV 17
9%
16
10
11%
Jun
May
Apr
149
12%
Jan
Jan
16% Nov
Monday, December 20, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
2478
NEW YORK STOCK RECORD
Saturday
1574
*95
36
18%
3674
37%
3674
36%
18 74
1874
187 a
18%
*
2
*174
*
2
174
28 74
287'a
60%
6074
5874
61
1674
16%
16
74
16%
59 74
59
59 74
59%
39%
*12974
1307a
*12974
130 %
13074
1307a
82 74
81%
17274
17274
33%
33%
3274
6674
66%
6574
*23 74
237'a
2374
33%
*10374
*22%
114%
105
120 %
2%
2%
10
14%
1474
4%
4%
7574
71
17%
1774
3
3
74%
74
74
7274
73
1674"
16%
16%
16%
16%
16%
16%
63
63
63
63
63
63%
64 V'4
3374
34 '
34
34%
34%
3474
600
3%
3%
1,500
274
3
3%
*39
4074
*33%
40%
*39
40%
*39
40%
*39
3
3
3%,'
3 %
...
'
6674
66 74
x66%
66%
47a
474
474
66
65%
*4%
414
8%
*8
7%
8
8
:*574
6 %
45%
.
*44%
■
6%
45 %
*44%
45
15%
15%
xl5V'a
15%
80
80%
x79 %
80
14%
1474
14%
14%
14
14%
14%
81
78%
80
7974
80%'
79 'A
80%'
14 Va
14%
1374
14%
1374
147-4
*774
8
:
-
23
2274
125
*123%
*347/4
12574
*123%
3474
'
34%
*34 74
2%
2%
2%
45%
44%
4574
4074
40%
40
974
9
"
.
9
61%
14
137 a
1374
1374
2674
*
'
*17
14%
14%
1,200
1,900
*14
14%
26
26%
26
26%
500
3674
36%
37V4
9,100
\
*40%
2874
25%
25
14%
14%
17
17
30
29%
30%
28%
.
1:
108
108
.27 V.
154 %
*107
V
154%
55%:
54%
54%
54%
54%
54%
58
57%
5774
57%
57%
57%
141
*139%
141
139%
138%
9
874
5474
5574
58
*139
874
"
45%
4574
11774
87
68
4
*45
46
45
"
"65%
65%
574
■
'
,.
;
6%
5%'
Amer
447a
American
100
*9
974
300
2
2%
*2 74
2%
100
43
500
Archer
43
2474
24%
24%
24%
24%
24%
2474
22,800
;
2474
2474
2674 "/v
26
26
26%
26%
25%
26
25%
25 %'
2674
2074
20
20
20
20
20
20
20 %
20 %
116
*114
116
*19%
20
*114
116
*114
116
*114
116
'
*974
1
*2 7a
27 a
43%
2% "
*2
4374
'
43
:
5
71
8%
•274
*42
43
474
474
*7074
874
*2%
•
43
4%
71
474
974
974
974
72
.
71'
4%
5
.
71
'
*69%
70
*75
78
77
77,:
76
76
76
76
3674
37
3674
36 74
36
36%
*9%
10
*9%
*8%
9
*8 Va
'
,
*9%
8%
101%
1374
"
12%
13
90
90
*8974
87
85
86
*3874
39%
38%
3874
106%
106 %
106
55 %
55
*85%
5474
1274
12%
91
13
91
*89
91
87 74
86
*85
:
38%
33%
91
*84%
10574
*105%
54 34
54%
55
53%
53%
85
85
85
85
105%;
105 Va
*105
Va
5374
*85
'«
85
2674
*2874
'
85
85
85
2674
*82
85
2574
2674
25 s4
257/
25%
25%
251
a
25%
25 Va
*27
28
28%
28%
28 %
28%
28%
28%
2874
*5374
60
60
60
26%
2674
26 3
2974
*57
60
*25%
26%
26
'
11%
11%
11%
•<
1174
53%
5374
5374
56%'
5674
55
56
55
119
*115
14
'*1374
1374
-
7%
7%
7%
14
*1374
7%
*7
70
*68
71
*69
*115
119
*115
1174
11
54
*53
109
*108
108
108
109
*108
69
*59
.
26%
a
*108
.
61%
61%
*59
26%
26
108
109
11 %
26%
*103
53%
53 %
53%
5574
53%
54 Va
53%
115
115
11%
4,100
5374
400
54 Va
53%
53%
1,410
*115
115
115
*13%
14%
*13%
14%
*13%
14%
200
7%
7%
8%
7%
8 %
83/a
874
13,600
69
69
3% :
31,900
Baldwin Loco Works
5%
12,300
Baltimore &
874
8%
4,500
974
9%
700
19%
5%
5%
5
-
5%
5
8%
874
97a
97a
8%
9%
62%
62%
*62%
63%
23
23
63
23
23
23
22%
*1174
12
12
*11 %
12
*11%
12
*1174
*44
45
*4474
45
*4474
23
*6274
1674
1774
1574
16
1574
*26%
*2674
*3274
31 Va
*31
*10474
107
*105%
874
874
874
111
*109
45
*44
45
45
45
1774
,17%
17%
17%
X1474
1474
14%
14%
147 a
/257 a
*25%
27
*25%
,27
33
*31%
3374
*32%
33
*3174
l05Va
3374
106
105%
*105%
106
a10574
10574
9
8%
974
8%
9
*29
*106
112
*105
27
2%
31
112
9
*29%
*107
31%
112
*29%
*107
31 %
112
100
Corp of Del
5Vz%
250
17%
7,200
Barnsdall
15%
7.800
Bath
26%
26 %
32 74
*105%
9
*29%
*107
32%
•
100
106
120
9
4,900
31%
Bayuk
Inc
Beatrice Creamery
$4.25 preferred,,.
Beech
Beech-Nut Packing Co
100
1074
*9%
10%
*93i
10%
*9%
10%
*974
10%
*9%
10
10 74
107»
107a
1074
10%
1074
10%
10%
10%
1074
10%
1074
7,000
Bell. Aircraft
35%
3574
35%
■3474
34 3 4
3374
3,900
Bendix
3574
34
t*™
footnotes
see
page
2487.
34%
34%
X33%
34%
-
Belding-Hemingway
Corp
Aviation
—5
36 %
Oct
5
May 27
x36%
Apr
56
Dec
Jan
2
May
Mar
37
May
174
25
20
2%
6
'
Oct
Jail
7
40% Nov
35Va Mar.
27
Oct
Dec
574 Nov
Apr
474
2
6%
10 %
Apr
12%~~Dec
15
1
Jun
9%
6
82% Sep
-4
Jan
774
May
Nov
Jan
Jan
173
36
16
:
2374 Mar
Apr
113%
Feb
119
Feb
48 3 4 Oct
29
15V8
Apr
26 %
4574 Oct
29
12%
Apr
22
Jan
% Nov
Jan
11% Jun
8
3%
Apr
6
Oct
23
142 Va
Jun
165
9% May
12
1674 July 14
59%
Oct
9%
Nov
14%
Dec
35 %
Jan
15 V'4 Apr
8
4% Mar
18
4
674
May
45
May
35
1
74'May
43
29
3
13674
1674
144
Jun
2974 May 29
Jun
974
15% Oct 25
Jun
Aug 31
32% Aug 11
Oct
Jan
97 Va
Jan
23
Aug
Jan'
1774
Jan
33 74
22
50%
14374
Jan
Apr
3%
1
4974 Sep 20
12174 Aug
2
774
Nov
33%
Dec
Apr
1%
Jan
116%
Jun
4
108% May
4
Jan
Apr
Apr
120
1274 July
49 74
Apr
3474
65% July 14
146% July 23
13474 Jan
% Apr
101
63% July 15
May
12
21%
7874 Mar
115
9
Feb
12
Jan
15
2
15874 July 22
5
Oct
Mar
21% Nov
Mar
7 74
1774 July 15
33
Nov
36 %
Apr
15174 Aug 31
Jan
148%
132% May
Aug 18
Apr
Feb
24
32% Mar 23
47% Apr
161
Jan
Apr
52%
6974 July 24
Jan 2
Jan 14
Jan 6
Jan 8
Nov
Apr
70%
Feb
8% July 16
3%
Dec
574
Jan
79% July 21
51%
Dec
7674
Jan
5
39
12
88% Nov
5%
374 Apr
7
774 Apr
Aug
Jan.
11
50
Jan
9
31% Apr
8
22 74 May
2874
Jan
Jan
4
2974 Apr
7
24
30
Jan
5
23% July 15
17 1
Jan
387a
5474 Mar 30
116
Jun
Dec
1274 Mar
107
Mar 18
112% Mar
May
20
14
1474 Apr
7
5
3 Vs Feb
27
4774 Sep
23
2774
674 Sep
20
18
Sep
4 Va
Sep
42
Sep
67%
8374 Sep
28
40%
Oct
66
Jan
21
Jan
33%
Dec
5% Mar
8%
Nov
75
Jan
2
4074 Jun
107a Jun
1074 Jun
1
5
4
474 Jan
7
Feb
27
674 Jan
110
Oct
15% Jan
4
27'a
79
Jan
Dec
Jan
100%
Dec
Jan
4
44% Jan
7
2
Jan
7
Jan
33
Nov
8
51
Dec
May
70
Jan
III
May
1
4
1
Jun
8
'
:
.
Apr
116
9Va
%
Apr
374
15%
4,
674 Apr
Apr
\ 274 Jun
.
31
7
Jan
Dec
Jan
Dec
4%
Jan
17
974
Jun
14%
Jan
7
6
.1474 Apr
1274 Apr 29
274
Jun
4 Va
Jan
4%
Jun
7%
Jan
4
Apr
6%
Jan
22
Jan
-19% Dec
:
10
6
Jan 25
9% Dec 3
9% Nov 29
Jan
Apr
-43
.
85% Aug
5
9
2
2
%,. Feb
7
Nov
Sep
Oct
109
7
15
1074 Jan
33/e Jan
Jan
Apr
24
7
274 Jan 21
■
23%
1474
99 74 July
13
46%
57
7% Jan
3% Nov:
20
Oct
Sep
12
28% Jan
J an
6%
123
Jan
45 %
Mar
33
9% Aug
9
113
Jan
28
6874 July 14
14
52
34
Jun
1374 May 29
4
50%: Jan
Oct
16%
2874 May 27
11374 Sep
Mar 16
6% Jan
34%
60 Va
68
4
106
53
72%
27%
July 22
38
May 26
3674 Oct 26
8
Oct
Jan
Jun
19% Jun
67% July 24
90 Va
29
1874 Jan
.44
,
Jan
Jan
83
8174
24 % NOV
7774
28 74
30
19
Jan
Jan
20
Jan
Oct
July
674
Jun
39 7 a Oct
66
82
Feb
53
108 74 Nov
100
474
Apr
Jari
94% July 22
5
Jan
Apr
May
20
29
Dec
36
Apr
6174 Mar
28
Oct
1% July
Mar
4 74
97% July 21
72% Jan 11
59
Jan
7
:
2%
26
92
12%
774 May
5
9
93
No par
1
Sep
15% Jun
20
par
3%'Jan
2 Va May
32 74
47
2574 Jan 25
—1
No
Aircraft 'Corp
Creek RR——
5
•
"
1"
17% May
2
8
7
11
4
50
-•
Cigars
10 74
•
Co—
Jun
6
9% May
774 Feb
—,25
-No par
—1
^_,_50
preferred
Oil
,No par
Oct
Jan
22
5
Jan 2
4 5% Jan 2
3474 Jan 6
12
Feb 9
5% Jan 13
,30
Jan 4
12V'8Jan
2
13% Jan
7
23% Jan 7
24% Jan 16
105 % Dec 14
7% Nov 30
Iroii Works Corp—i.
Beech
112
100
Barker Brothers—,,
45%
100
t C—w-13
preferred—,,-^
,100
Bangor & Aroostook
i
50
Conv 5%
preferred
V100
Barber; Asphalt Corp
——10
1574
-
v
Ohio,
Dec
35
Jan
Jan
•
_r3
(The)
17
674 Jan
par
4%
1774
1574
27
4,900
12
*44
.
1774
1674
60
24 %
*1174
12
1774
31
*29
31
*29
23
1774
17
27
64
63%
23%
2374
Xl2
63
63
23
64
*62 %
•Aviation
Dec
42%
174
10 %
25 %
July 14
}i
30
Spar
_No
$5 prior A
1974
18%
574
•
874
Dec
1 % Jan
—100
No par
,
4974
26 74
—1
.No
Nichols—.
Austin
19%
1874
5%
*9%
Atlas Tack Corp,,—
1974
18%
5%
974
preferred—
1874
1874
5Va
8%
conv
1,720
1874
8%
5%
Jan
874 Dec
No par
Powder—
Dec
Jan
111% Jan
preferred,—100
26,000
5%
974
Atlas
Dec
2
32
18%
16
1674 Jan
Corp,,——i—5
preferred
50
6%
25%
Va Mar
24
Refining.,,—
—25
pref series A,—-—100
3%
1874
8%
Atlas
774 Nov
*
1674
24 Vs Nov
conv
75%
574
9%
non-cum
4%
"3%
1874
9%
.5%
Atlantic
Nov
2174 May
100
Lines—:
73%
3%
874
1 SS
W
Nov
3
Jan
3% May
Jun
5
66% Sep
Jan 20
3%
74
374
8%
&
Dec
16 %
May 10
70
49
3%
71
74
374
*
110
119
1474
374
9%
100
11 Vs
3%
8%
1.400
*53 Va
3%
8%
130
26%
53%
374
*974
6174
109
11%
11
11%
*53%
119
*59
.
'
•„
G
10 0 74
-
74
4% Apr
374 Nov 30
"
26 Va
108
Atl
1,000
29%
May
774 Mar
40% Jun
2
Line RR
Jan
92
15
36% Apr
2
Coast
2274
10
26
11
Atlantic
50
107
Dec
Dec
2
Dec
Apr
Oct
7%
3% May
14
78 74 Jun
Jan
4,700
i.
18
9
Jan
267a
600
Jan
8774 Jun
Jan
1,300
38 Va
,
■15
•
3
10.300
110
Dec
2474 May 20
.
10
46
85 Va
120
85%
Jan
Mar
103
29
par
557 a
3,800
13%
91 Va
85%
38 Ve
106%
5374
55%
"
80
39 %
105%
106
100
10
400
•,
39%
,
2,200
874
12 7 a
•
*3874
■
3674
10174
*90
86
*38%
..
100
20%
110
Mar
29 74 May 18
34
Midl'd—No
Jan
4274 Jan
preferred—No par
7%' preferred „—
100
Armstrong Cork Co———No par
Arnold Constable Corp——.
_5
Artloom Corp——————No par
7 % preferred————100
Associated Dry Goods.
,1
6%
1st preferred-,——,—100
7% 2d preferred—
——100
Assoc Investment Co,.
/—No par
5% preferred—,.—.———100
Atch Topeka & Santa Fe—100
5% preferred
—.—100
*8%
12%
12%
*89%
90/
86 i
*9%
101
101
& Co
Jan
73%
Oct
$6 conv prior
900
33
16
•
7
4% Jun
of Illinois———5
Daniels
Armour
11.100
*99%
8%
8%
•
36%
10
*9%
8%
*100%, 101%
12%
12%
47a
71
78
*74
36%
36%
9%
*8%
8%
10174
70%
78
*74.
36%
•9%
974
:
874
101%
101%
102
102
10
36
4%
69%
69%
.ti
43
43
4%
434
.
1,300
116
*114
43
*41%
5
490
Oct
May
55 Vg May
July 10
128
55% Jan
9%
*42%
Dec
20
May
May
7
*2%
4612
Dec
176
69
2
*8%
*42%
3%
74%
Apr
Mar
474 May 10
$5 prior conv
100
46%
25
20
*114
1,600
-
.
Feb
Apr
5674
1
104 74 Jun
374 Jan
2
4 Va
46%
1 Va
130%
159
1174 May 6
1874 Feb 25
5374 Jan
9%
4%
*42 Va
Apr
4
Oct
Jan
33
Apr
4
Amer Zinc Lead & Smelt—
'
4 Va
46 V a
23
120
7
1
Preferred
1,000
66%
4 Va
...
Nov
112% May 10
>
par
9%
*66 Va
65%
64%
4 V8
Oct
49
674
10 74 Jun
par
No
.—No
Woolen,—
9%
Apr
105
2
374 Jan
Elec,
preferred
1st
J an
27 74 Apr
.——No par
Wks &
Water
$6
Dec
125 Va NOV
Jan
12974
67*
32
11574
,100
-
58%
Aug 18
2474 Apr
2
2
14
preferred——
American
3,200
24%
'
Am
10,200
574
26%
2474
*26
5%
Apr
116% July 23
42% Jan
43 V2 Jan
Viscose Corp
8
Nov
5%
30
24
374 Mar
Nov
% Jun
Oct
Jun
25%
-
.
1874
38%
Sep
80
2
preferred
,100
Type Foundries Inc———10
2.000
*42%
45
—
70%
45
127% Jan
'
87
*83
B,
Jan
18%
Mar
9% May
—25
25
Tobacco——
Common class
6'k
360
Dec
43
9174 July 15
100
Telep & Teleg Co,
American
7.200
—100
—
—
Sumatra Tobacco———No par
Amer
4,400
9
6%
6
.
-
Preferred
Am
„■
4,200
.
,—
—
'11,800
58
—
conv
,100
i
1
preferred
—25
Anaconda Copper Mining——.,50
Anaconda Wire, & "Cable,,,No par
Anchor Hock Glass Corp.:.
,12.50
$5 div preferred—
—No par
Andes Copper Mining.
—20
A P W Paper Co Inc—_—
5
4%
4%
4
44%
*117
5%.
"
"
4%
500
4%%
117%
8%
87
5%
.
II
7
185% July 29
154
10 V4
54
8%
,100
Mill,,——_25
preferred,,——,100
American Safety Razor—18.50
American Seating Co
—No par
Amer Ship Building Co—No par
Amer Smelting & Refg—No par
Preferred
100
American Snuff,——————-25
1% non-cum preferred-——-100
V Amer Steel Foundries——No par
American Stores—-,——.—No par
American Stove Co,
No par
American Sugar Refining——,100
American Rolling
200
.)
.
138%
138
44%
*83
■-
5%
109
277a
154
'
117%
6
6%
87
577%
9
44%
700
4.500
55%
.55
4
138%
*117
5%
27%
153%
54%
57 3
8%
119,
*83
66
"66
67
66
4
5%
574
5%
5%
574
4
*6674
6
6%
87
*83
87
*83
,
6
674
6
674
674
*117
119
.
138%
45 %
45
44%
44%*117
119
139
9
9
8%
8 78
4574
*117
*83
139
9%
45
117%
;
1,100
'
Van-30
*107,%
*
154%
153%
5774
55%
57%
29
,109 f,
27%'
27%
27
20
18,000
14%,-.; 14%.
167-e i ,17 Ve
.
100
■v
25%
25
17%
155 %
X15474
1577a
"V
14%
"
27
,v
40%
147
146
25 %
25
108
27
Va
40
41%
148%,-
*146%
270
149
*17
17
*106%
148 V*
:
^"14%
14%'-
28
*
148%
*40
41%
148%
25
27%
14
2
148
*146%
41 %
148
17
13 V
147%, 148
147%
.14%
."
108
157 Va
14
36%.
'
157%
157-
14
36%
28%
28%
14
26 %
17 74
*2674
-
3,190
13%.
'
'2474
14%
*10774
27
13,000
36%
2574-
177a
108
12%
60%
26%
*40 %
14 %
28%
*2874
*2674
12 Vs
59%
13%
'
*10774
12%
60%
37
*146
2474
1774
12
59%
Jan
29
Feb 3
Jan
2
Jan, 2
Jan
6
1274 Jan 5
25
Dec 1
36% Nov 17
144 Va Feb
1
357/4 Jan 2
141% Oct 11
1974 Jan 6
1174 Mar 9
12
Jan
2
17% Jan 14
91
Jan ,5
21% Jan 14
—
Preferred
12 %
Nov
Jan
Feb
174
134
x26
—No par
•;
No par
Stand San'y—No par
preferred
preferred
Am Rad'&
18,700
9
167
*163
.
:
60
12
"
1474
167'
*163
167
*163
8%
:
9
87a
9
8%
'
25
2474
$5
2674
147%
148
*146
148
*1474
$6
9,500
1374
36%
41%
*40
41%
40
*146 "
7,200
40%
137-4
*26
148
*14774
44%
40
14 •
3774
3774
3774
149
44%
14
2674
3774
2%
44%'
40%
2%
,—100
Co——.—..No par
& Light,—
No par
News
Power
Amer
5,700
2%
2%
44
39%
2%
61
13 Va
26
American
Jan
H Aug
Jan
81
11674 Jan 29
Jan
4
A Jan 2
1874 Jan 2
16% Jan 4
6 Vs Jan 2
Ltd——..—No par
preferred
6%
260
-----__100
-
Fdy Co——No par
Mach & Metals———No par
Mach &
Amer Metals Co
30
34%
59%
14
2574
*14774
124%
34%
x59%
62V4
14
*1374
*123%
34%
14
61%
60%
Amer
40%
1274
12%
1274
100
2,300
39%
167
*163
167
12%
5,800
774
23
preferred
7%
774
68
12%
774
20%
.-No par
Locomotive
474 Jan
5% Jan
39 Mr Jan
Co of 111—w—1
preferred——.—
-50
conv
Amer
44%
9
874
9V8
5%
3,100
V
123%
*34
34%
2%
4434
40%
40
4074
-
*163
1274
1274
-
'
167
*165
44 V2
22%
-
|
American
44
238
274
27 a
4474
*7%
23
~10
43,800
14%
14%
•7%
123%
125
*34
3474
34
c
14%
7%
22%
22%
22%
*12374
125 V2
*225/4
125
22%
-■
8
*7%
:
22 34
2274
1434
14%
14%
8
w7%
8
*774'
%■
,
...American Invest
6 Va
*5%
*5%
*44%
15%
'■
No par
Nov
4374 July 14
„
7
2
1
2
5
53% Jan
2
Jan
193/a
61
4
37% Jan
Apr
974 Apr
12774 Jan
1
Jan
1474
13
76% July 8 /
18
July 9
5
par
Internal Corp
Amer
900
'
45 7'a
81
-
*7%
8
x3
7%
8
6%non-cun.
.
30 Va
34
4
2
preferred—:—-100
Ice————No
American
4.900
r
■
800
6%
*5%
*44%
45
45
45
7%
8
•
6 Ve
*5%
6 74
*5%
*44
62%
63
4%
64
*62
American Home Products——
1,700
67%.
4%
4%
62
62
62%
66%
66%
4 %
4%;
4%
■
66
66
*65%
'
474
62%-
64
*63
65
*63
preferred—
No par
$7 2d preferred A—-—No par
$6 preferred————No par
American Hawaiian SS Co——-10
American Hide & Leather—
1
6% conv preferred
—50
1,000
33%
No-par
Foreign Power--
$7
12,300
63
—No par
Export Lines Inc——1
European Sees—
Amer &
.1,700
1574.
4074
274
*39
40%
*38
*72%
73
—20
1
Co—
Encaustic Tiling—
American
5,500
73
preferred—-i—-—/--..l00
Distilling
American
200
10
Crystal Sugar—
1st
Amer
v
4%
4%
4sa
6%
Ame-
1,400
9
25%
34%
*33%
•
V
4%
4%
1
JO
40,000
2%
2%
*25
26
.
——No par
Chicle
American
2,000
A.vV
124%
*7%
9
*25
.
,100
N J
25
American Colortype Co———10
200
,
17
'
65
65%
3474
,.
101%
120
2VV
2%
9
26
4%
474".
*100%
124%
120
2%
2%
*8
*24%
26
;
14%.
14%
14%
102
*100%
No par
preferred---
Apr
31% Oct
37s Jan 20
preferred——100
Cable Inc
&
July
22
Dec
86%Jun
14
71% Jan
2
168
Nov-30
24 % Jan
6
59 Va Nov 29
18% Jan
5
107
Nov
1
96
Feb
4
19% Feb
1
6% Jan 26
14
Aug 2
97% Jan 27
8
15% Jan
174 Jan 2
8
674 Jan
22% Nov 8
2
1% Jan
46 74 Jan 12
" 7
Jan 6
39
Jan 6
30
Feb 23
274 Jan
4
35
Jan 5
Am Coal Co of Aliegh Co
75
1674
65%
10
& Fdy
non-cum
conv
American
620
v
-
25
■'-«—— 100
No par
——
Chain
5%
6574
75%'
*34
9%
9%
14 %
14%
128
9
4%
25
*9%
102
118%
2%
26
474
108%
*22%
Am
'
102
*100% -102
10874 11274
26
108%
25
*22%
*9%
*14%
2%
108
7%
2,200
4,200
23%
100
—
Car
American
111%
111%
107%
10
'
474'
107%
25
*8
23%
*109%
23%:
23%
107%
V'
67%
67
66%
66%
*109%
Can
Preferred
580
preferred-
Nov
Apr
2374 Sep 21
274 July 22
Jan
Cable & Radio Corp.———1
American
11,600
35%
34.
Shoe
conv
Amer
170
34%
33%
23%
170
574%
•
4,300
84
;
Brake
Am
140 '
674
4
64
43 V* July 10
4VaJan
2774 Jan
47
,50
—
Corp——u41
Co—
No par
Bosch
6,400
8%
8
84
170.
111%
*23%
131
130
8%
84%
preferred
6%
American
Jan
$ per share
$ per share
2
97
23
Jan
2
52
Jan 27
8% Jan
5
Agricultural Chemlcal,No par
Airlines* tnc
-10
American Bank Note,—
10
American
3,100
V
x67
par
Amer
800
'
40
39%
131
83
66%
23
25
9
26
26
*2574
a
130%
7%
7%
7%
39
39
*109%
10774
2 74
274
*8
9
*8
.120
34
65%
♦
111%
■
116
1.900
60%
170
*9%
102
*100%
102
23 74
.
107 7
14%
1474
14%
1474
*100%
16%
*59%
*7%
171
*23%
10%
*9 74
•
66
23
25
*23 74
10
16%
60%
82%
32%
33 34
6574
10774
25
*974
7%
82
xl71
*109 74
111%
10774
61
16%
83
Corp,—No
Petroleum
Amerada
1,600
16%
13074
8%
Xl30%
'
'
32%
23 74
*10974
111%
107
107
82
172 Va * 173
657a
-
61
61%
39
x39
77a'
774
81%
82%
172 74"
*172
8%
8274
8
28 %
61
7%
*7%
7%.
7%
38 7'a
/8
28%
16%
3874
2,300
1,400
83%
28%
*27:
60
•
*81%
.
28
*59'2
16%
60
7 Va
1%
*27
28
83
16 74
40%
O
*1%
60
7%
o
*27
16%
39%
VQ
1%
200
60
i
7%
Q 1W
1,100
60%
60
60
60
'
3974
O
18 %
27%
X2774
*7%
,
18 %
83
82%
2774
2874
18%
28
*27
27%
8274
18%
■
2
*i%
l7a
84
80 54
8,600
18%
83 74
2874
38%
18%
83%
82%
37%
18 Va
28
100
Mfg_,_——No par
Alpha Portland Cem
No par
Amalgam Leather Co Inc
,—_1
6% conv preferred
——50
■5%'preferred
3774
37%
1 %
Allls-Chalmers
96%
36%
36%
*27
28
*27
28
*27
*95%
96%
Highest
18
16%'Sep
6% Jan
2
73% Jan
7
26% Jan
7
17% Jan 7
% Jan 13
13% Jan 20
par
1942
Lowest
I per share
i per share
Par
6,300
15%
*95%
36%
,
15 %
Stores Corp—.—No
Allied
96%
*95
967a
96 %
*95
15%
15
15
14%
,
Shares
$ per share
Year
Range Since January 1
Highest
Lowest
STOCK
EXCHANGE
the Week
17
Dec.
Dec. 16
$ per share
share
$ per
share
1474 '15%
15%
15%
1574
96%
*95
$ per
share
$ per
Dec. 15
Dec. 14
Dec, 13
Dec. 11
$ per share
STOCKS'-"'
NEW YORK
Sales for
Friday
Thursday
Wednesday
Tuesday
'
Range for Previous
'
HIGH SALE PRICES
LOW AND
Monday
Apr
63 74 Dec
.
17
-28% July 14
1574 Sep
47
Sep
21
20
36
Dec
1374
Dec
Apr
6%
Nov
24% Aug
33%
Dec
6 74 Mar
4%
19
874
Jan
12%
2074 Mar 22
12 Va
Jun
18 Va
Jan
May 27
15%
Apr
x23%
Nov
Oct
19 74 July
X29
,
33 74 July 19
XllO
Sep
1474 Sep
33 74 July
114
9
24
13
Aug 28
1174 July
1
20% Mar 16
39% Apr
6
20
Apr
26
30
Dec
Feb
23%
Jun
64
Apr
110%
Jan
674 May
9Va
Dec
9% May
1774
Nov
28 74 May
397/a
Jan
-Monday
Saturday
Dec. 13
Dec. 11
16%
17
58
17
,*56%
15%
15%
16
56%
55%
*115
56
/
116
38
16%
16%
32%
16
15%
16
15%
15%
16%
*37%
161/4
38
37%
*16'%
161/2
I61/4
38
16 %
39
16
8
•
7%
8
*15%
*14%
*14%
95
13
*14%
*94
95
•
34
12%
44
44%
43%
44
44
87
85%
86
86
86
87
*85
3
47%
46%
46%
34%
34%
34%
28%
i;
27%
28 '/a
\, '
34%
*27/a
35%
3"A
35
*361%
37%'
3'/a
36%
.
46
34%
46
47
„
-
28%
■
351/4
3%
12%
12%
12%
12%
12%
12%
12%
12%
12%
43%
*40%
43]A
"40%
43%
*40%
43%
*40%
91/4
X8%
8%
8%
*26%
26%
26%
26%
X25%
26%
*38
40
39%
39%
*38
*4iy2.
421/s
9
9
26%
26%
26%
27
*38
*38
40
42
40
*42
9
9%
42
43%
,
363/e
-
12%
43%
.
*40y2
8 3/4
*%
*
%
*%
%
,
y
:
,
%
■
*%
'II
*%
%
*14'%
14%
14%
14%
14'A
39%
*38%
39%
*38%
39%
39%
8%
*114%
8%
116'A
*112%
*1121/4:
118
116
*1121/4
116
*112%
.
48
5%
5%
95%
95 %
471/4
4 7'A
48%
6
*941/2
47'A
48%
:
5%
*951/2
48%.
;■
48%
48'A
6 '/a
.
170
48
~
48%
483/4
910
'
7%
7%
16%
17%
,
17%
32
26%
*105
27
27
*4'/a
4%
*54
-
56
38%
;*
9
*27
27%
3%
7'A
*38
*26%
3
*1061/2
3%
55
*38
38%
27%
25
13%
3,400
200
20%
20% .20%
2,400
243/4
24%
24%
2,100
California
551/4
54%
55
12%
12%
12%
68%
68
68%
21%
,"21i%
21 'A
20
20
20%
24%
55
24%
24%
24%
243A
551/4
55
55
5%
3%
12%
12%
68'%
*67
2,600
•
17% Jan
Dec
3%
Oct
43
NOV
12
8
12% Apr
30'A Jun
5
7
Mar
*15
7
4
,
Dec
28 %
Jun
25
37% July 23
44
44 %
j|
iy2
18'A
42'A
20'4
1014
223/4
Jan
1%
May
31% Nov
20 'A
Sep
7%
Jun
9%
Nov
15'A
Jan
21%
Nov,
July 14
26
Jan
35%
Nov
May 21
30
Apr
43
Jan
,
Mar
2
Mar
1
Jun
5
iV Apr
% Jan
1
Apr
1'4 Jan
7
Apr
July 23
July 10
May 6
28% July
9% Apr
118% July 27
9% May 10
II6V2 May 10
54'A Aug 17
10% Apr
l
109'A Oct
Oct
Jan
*103% Mar
112%
Jan
2 'A
47%
15% Jun
%%
6
21'A Jan
6
3 'A
Dec
Jun
85 %
Dec
5%
Sep
11%
.
Apr
Sep
73A Oct
1534 Mar
26
4
Jan
8%
7
4
Nov
35
Dec
1
31% Jun
10%
14 3A
6
18% July 16
2
-
16% May
7
May
Oct
Dec
16
*
Jan
Jan
40
5% Apr
Oct
Feb
2%
Apr
21% July
3'/a Jan
6'A Mar
10% Nov
,
7
18% July
9%
3Va Feb
44
19%
1
2
83'% Apr
Oct
Sep
18
Jan
434 Sep
10% July 15
29 % Nov
6
25 Va May
Nov
20 34
2%
3
49
26 3%
6%
4
May
25
19% May
14% May
75
5'A Jan
&
205a Jan
2
2% Jan
2
9% Jan 5
65% Nov 19
16
Jan
9
preferred...
conv
18% Mar
6
10
—
68'A
12%
691/4
Dec
19%
29'4 Apr
5
35% July 19
—
Butler Bros
27%
'
31/8
3
3
3'/8
3
12%
681/4
251/a
55
preferred
1
3
8
.1
-100
Bush Term Bldg 7 % "preferred^. 100
410
43
13 %' May
2% Jan
41
Jan
-
5,100
r
15
24% Jan
20y2 Jan
105
May
9'AJan
par
Terminal—
Jan
16
—30
Butte Copper & Zinc
^.5
Byers Co (A M)——No par
Participating preferred—:——100
Byron Jackson Co——No par
13%
21
—....No
67o
'
Dec
Nov
No par
20
V.
July 15
,
6 % Apr
61/2 Nov 30
14'A Jan
5
par
—-_1
Co.,
Bush
100
'8%
*26%
27%
*26%
20%
69%
20%
No
Forge
'
68%
13
Wheel
1,200
39%
8%
par
5,400-
55
35
Jan 16
37'% Jan
7
Jan 13
% Oct 27
DVsJan. 2
29% Jan
8
13
Jan'
4
6% Jan
7
IO414 Jan 12
3
Jan
2
76'A Jan 8
43
Nov 30
Burlington Mills Corp.———1
5c/o preferred
—100
Burroughs Adding Mach
No par
4'A
8
33
-No par
........
Bulova Watch.
600
12 %
Jan
8% Nov
—
Buffalo
2,700
108
38
8%
8%
No
Bullard Co
1,900
;
.
27%
55
Budd
300
33
3%
*54
'
'
12
12%
8%
9
27%
108
'*3%
39
8%
27
26%
11%
3%
56
33
*106
12
*54
17%
33
26%
271/8.
39
1
17%
Jan
30%
20% Jan
Co
$b preferred
3,700
17
321/2 1
*
106%
3%
;
16%
17
*68%
13
*68 %
7%
*161/4
56
*27
31/a
3
3%
*12%
71/4
16%
32 Va
11%
4
8%.
27%
*27
•
:'*38
*106
12'%
'*3%
9
,
267/B
271/4
*53
38%
38%
9
.
56
*53
■
39%
9
4
32%
108
11%
7%
*161/4
171/4
.17
33
*106
121/4
12%
3%
12%
17%;
/
27'%"
27%
108
108
109%
*16'%
16i%
16%
*32
32%
71/8
16%
7
71%
16%
17%
*31
12 %
7
7'/a
161/4
161/4
17%
32
-
7
.16%
Feb
Apr
72
51
20
,——5
7% preferred.,
—__100
Budd (EG) Mfg—.
No par
7% preferred—.100
10,900
97 3/4
5%
96
5%
_
-No par
,
96
6
96'A
5%
*96
95(4
40%
96'/4 July 29
21% Jan
1
Bucyrus-Erie
116'A
'
97
5%,
6
10 0
May
9
14% Nov
7,900
8%
May
8
83/a
16%
Dec
25
6
11,14 Nov
Bruns-Ealke-Collender—
8'A
75
56% May
13
16
Brown Shoe Co
*161/4
Jan
July
2
Bearing Co—^
100
8%
Jan
12
13% May
2814 Jan
Roller
200
16%
i4V2
Apr
Nov
17..
Jan
Jun
-38% Jan
85
7%
58
July 24
Oct
14%
8 »/4
Dec
19% Jan
21 '4 Mar 30
July 14
16'A
*161/4
100
9
30
39
8%
Jan
39
143/8
161/2
Jan
29
8
2
39
2,400
Sep
Sep
11%
9
14%
8'%
19'A July 14
19
Jun 21
13
(assented)
39%
16%
5
26
5
17
2% Jan
RR
14'/a
8%
*115
117%
5%
*95%
\
14%- Apr
22% Jan
Corp
*38%
16' 'A
8
700
%
%
II
■
Jan
July
18% Apr
ll'A Jun
41 % Jan
.-—15-
(The)
Maine
14 >/8
*38%
•-
*%
16%
*161/4
16%
7%
1,200
*%
66%
121
105
19% Mar' 6
11% Nov 29
No par
Bristol-Myers Co_
<
j
—5
IBrooklyn & Queens Tr^
No par
jBklyn-Manh Transit-—r—No par
Brooklyn Union Gas
-No par
'200
%
49% Mfly
6
13
Dec
2
76
Briggs & Stratfoh
100
411/a
Dec
26% Jari
&
39%
14
14%
*38%
*16%
2,800
"41'A
8%
5
Braniff Airways Inc
——2.50
Brewing Corp. of America..
.15
Bridgeport Brass Co..a.
No par
Briggs Manufacturing
^.._No par
3,200
9
Dec
91/2 Jan
1
:
8 Va
13% Jan
No par
<
24'/* Jan
28
'
Nd par
i.
Apr
5
Bower
2,700
;
Jan
54
17%
121% July 20
39
15% Nov
46% Mar
100
400 "
*38
II
do
Boston
41%
32
4
Brass—
Inc
Borden
40
.
16
__No par"
class A—
Bond Stores
'
1
%
1ft"'
8
i_....No
.J
Borg-Warner
%
42
*41%
Ann Co
Class B
600
41%
'
Aluminum
3,100
26%
26'A
,
4
27% Jan
Highest
# per share
3
69% Apr
30
110 'A Jan
6% Jan
■
43%
,
"
9
Nov
'.100
j._——
Co___
3,200-
12%
12%
.54
.
.—No par
(.Del)™——No, par
preferred—^
par
Bon
410
37 %
•
Jun
5
2%
37
17
&•
3,800
-; 353/4
2%
*2%
5
Bohn
28%
28%
*40%
9
-
34%
351/4
37
8% Jan
5
90
28
3%
:_1
;
—
Co_Jl
i
34%"
37
27
July
2,500
28%
*3
*36%
Nov
38
Boeing Airplane
,46
343/4
34%
9% May
57
7
9,600
351%
28
35%
3
37%
47'A
35
*461/4
34%
x36%
3
*36%
"
r87
"
20
23
22% Jan
:
5
Bloomingdale Brothers
,__No par
Blumerithal & Co preferred—.100
-
87
X35%
36%
,
173a Sep
54 ■34 Feb
Bliss & Laughlin Inc—^
100
44
13%
44%
13% Mar 17
Blaw-Knox
400
13
12%
28
281/4
.
95
r
1%
t per share
par
4,500
153/4
12%.'
44'/4
341/4
34
..
36%
*94
13%
i—<-
Bethlehem Steel
.
I per share
sliate
par
1,300'
.
151/4
12%
Co
Bigelow-Sant Carp Inc
Black & Decker Mfg Co
*153/4^ 16 'A'
13%
46%"
47%
Foods
1,000:
8
95
151/4
*94
Best
700
*147/a
44%
*85
86%
*28
95
&
16,600 y
$ per
Yea* 1842
Lowest
-—No- pat
Best
6,400
,
16'A
13
'
*46
15'A
*94
;
7%
,
16
7%
13%
44%
*85
7%
*15%
*14%
151/4,
95
7%
15%
'
900
57
,116
44'/a
13%
44%
15 %
*91
16
*92
7%
15%
...'
15%
15%
15%
'
7%
7%'
8
15%
16%
.
2,600
*37% / 37% '"
16
163/8"
37%
16i/4
"
'
Pat
Beneficial Indus Loan
No
Pr pfd $2.50 div series '38_2Vo
57
561/2
*115
116
115%
116
*
Range Sincd January 1
Lowest :
*
Highest
•••'
Shares
.32%
15%
56%
55%
56%
561%
*115%
38
38
-
33
116
EXCHANGE
16 %
*'55%
32%
.
NEW YORK STOCK
share
16 %
.
57
33%
57
*56
56%
56'/4
*115%
.
16 »A
151/4
"551/2
33%
*15%
16'/a
115%
$ per
share
34
33%
56%
..
115%
38
57.
$ per
share
16%
161/4
16%
*56
34%
*34
*33%, 34%
Xl6
57%
16%
*56%
$ per
$ per share
I per share
$ per share
Dec* 17
Dec. 16
Range for Previous
Sales for
thtf Week
Ftiday
Thursday
Dec. 15
Dec. 14
2479
STOCKS
LOW AND HIGH SALE PRICES
Wednesday
Tuesday
-
& FINANCIAL CHRONICLE
THE COMMERCIAL
Number 4239
Volume 158
•
NOV
24%
Oct
6%
Feb
69 %
Dec
95
10
20
Jan
17
Dec
Dec
■
Jan
'
24%
*55
55'%
*55
24'A
*55
:
5%
90
'
■
*%
23%
*33%
35%
,
-
8
*6%
*44%
23s/s
271/4
24%-
2 6'A
20,500
35%
33%
341/4
33%
33%
Campbell W & C Fdy..:
No pat
Canada Dry Ginger Ale...—-,—5
Canada Southern Ry Co—.
.^100
73/4
73/4
7%
•73/4
41%
*40'%
;
*94%
94%
94%
95
28%
27%
27%
27
27%
4
133
n32%
33
145
144%
145
43%
44%
44
36
323/4
43%
36
XlOl
*123%
124%
124%
124%
*125
126
*124%.
126%
113
113
113%
113
113
*113
113%
1,500
45
40
113
90
11%
11%
11%
11%
lli/a
11
%
11%
113/a
11%
11%
11%
11%
3,500
17%
*17%
17%
17%
17%
*171/4
173/8
*171/4
17%
17
17'A
410
19%
191/4
18%
191/4
19
191/4
19%
193/8
191/4
193/4
19%
*2%
2%
2%
2%
2%
2%
2%
2%
2%
*107
108%
*9
*107
20
*107
108'%
*9
9%
9% .'
21
20%
20
108%
9
*107%
21%
21%
2
83A
20
3/a'
'<-•
3,000-
S/8
2,000;
109
9 5/a
9
91/8
9%
21%
22%
22'A
*6'A
22
2
*1071/2
*1071%' 109
109
8% /
9
21
..
6%
63A
1,400
22%'
4,000
6 3/4
400
'
6%
*108
114
37
5%
35%
5'A
35%
5
60
59
6'A
115
59%
61%
62
17 Ve
171/a
*171/4
17%
*171/4
17%
*171/4
19%
191%
19%
19%
19'A
191/4
*19
60
*108
115
*108
36
35%
5
115
*43/4
'
-
2,800
5
2,500
*
59%
593/4
*1.7%
l73/4
19
19%
3 5'A
Dec
Mar 31
27%
Dec
33
Aug
33A
Jan
38
7
4734 July
2f
9% Apr
73A Nov
29% May
31% May 29
37%
1%
32
6
7
38%
Dec
89
Jan
77
Feb
Apr
Apr
22% July
2% May
Feb
434 Nov
28% Nov
53/8 Apr
133
Dec
13
Apr
78
Dec
145
14
117
Jan
130
Dec
54% July 19
30
Apr
6
Dec
5434
3% Nov
42% Dec
15
Apr
82
Apr
128% Sep
14
110
Apr
120'% Sep
27
77
Apr
97%
Dec
Aug
81/2
Dec
40% Jun
108
25
July 22
.
6%
1434 Apr
5
21
July 16
29%
Dec
97%
Dec
1203A Jan
.
23 5/a Jun
3
.
7
5A Mar 12
,
16
Apr
1% May
Aug 27
18% Jun
5
90
23% Jun
11
111
7
1
8(4 Nov
115
Apr
Mar
1%
Jan
Jun
2(4
Apr
23% Jan
2 3/a Nov
110
Jan
3% Oct
18
Jan
3% Nov
21
Sep
41
82
July
104
<
8
27
Jan
35
7% Jun
4
72% Oct 29
'
60'A
*17% .173/4
'■59%
16 3/4 Nov
Apr
Deo
.
36%
36%
36
4%
5'A
'
61
59%
*108
361/B
5'/8
5'A
*51/8
5%
35%
37
6'A
;
6%
115
*108
114
*108
37
*61/4
6%
*6%
61/4
7SA Nov
Jan
9'A
8
Chain Belt Co^-—————No par
1241%
113
Jun
ll'A
Jan
100
124%
113
5%
7
„■
11% May
40
Caterpillar Tractor—
120
7
91/4 Apr
19% Apr
3% Jan
8
77'A Jan 11
127Jan 21
100
.—No par
Celanese Corp of Amer—No par
5 f<r series prior preferred—i. 100
7% prior preferred—....
.100
1% 2d preferred
.4
i.100
Celotex Corp.—
No par
5% preferred
—
20
l'A Jan
25% Jan
x85
—100
—
53% ,Nov
Jun
27% Dec 16
Nov 30
26% Jan 7
95 % Jan 26
119
Jan 4
96 Va Feb' 1
'. 8'4 Jan
2
16% Nov 26
Central Aguirre Assoo—..—No par v
16% Jan 12
Central Foundry CO—i_„—_i—1
1% Jan 2
Central'Ill Lt 4%% preferred—109
97% Jan 4
fCent RR of New Jersey.
.i.100
3
Jan 12
Central Violeta Sugar Co
1—13
Jan
2
Century Ribbon MillSi——No par
3
Jan 7
Preferred
44—.
—100 *
98
Mar 19
Cerro de Pasco Copper.——No par
x33
Jan 14
Certain-teed Products...—
1
3
Jan 2
6% pirior preferred
.J..100
32% Jan 8
*17%
2%
C<J—
22%
Apr
1/2
1
46% July 22
97% Aug 31
560
35 3A
1023/4-
102
(J I)
Preferred
2,200
3,200
124%
>llli/4
Case
30
351/4
35%
101 %
*122%
*112
900
44%
par.,
A—1
Carpenter Steel Co^——-—
5
Carriers & General Corp
—.1
300
41/4
class
Jan
5034
1 % Mar
9:,
36'A Jan 2L
4% Jan
2
40
Jan 25
$3 preferred A—-—J.—10
Carolina Clinch & Ohio Ry_._.100
610
.
147
*145
44%
x35%
102
Administration
-.35%
33
32%
147
43%
36'A
101%
103
*145
Mills..————No
Capital
16%
Mar 27
56
'6% Fetr
—25
Ry——
Cannon
30
28
*4
4'/8
;
32'/a
147
43%
36%
103
*4
4'/8
4
321/4
*145
43%
36
36%
104
*103
■V
41/8
Canadian Pacific
100
951/4
95
*26%
Copper
Cons
200
.
7'A
44
*43
44
95
42 ^
*6%
7%
.
44
140
10,300
8
*40%
42
*6%
7'A
7'A
44
4
36%
104
*401/2
*43%
131
*1421%
45
36%
*103
Calumet &
3,100
23%:
6%
6%
Hecla
5
5,100-
151/4
7'A
*27%
*4
3,600
15
7%
44
94%
95
d
6%
15%
30 % July 13
% Jan, 2
6% Dec 15
xl.3% Noy 30
13% Jan 13
29% Jan 23
—-a.1
Zinc-Lead—
61/s
■
42
*6%
II
Callahan
*33%
7%
44
28%
*27%
131
145
*41
7%
44
95
-
%
%
%
151/s
6'/8
15
35%
7%
...
4iy4
A
*6%
41/8
4%
8
*431/4
95
28%
130
-.ll-
"
151/s
6%
*33i%
35%
'
*23
23%
411/4
7%
*94%
23%
: 7%
,
44
*27%
24
%
15
/ *331%
41%
*40%
6'A
14%
23%
;
,*43
%
.
6%
151/4
'■
'
23%
7%
%
6%
151/4
'
II
'
151/4
6%
15%.
*142%
%
II
6%
■
22% Jan
7
52% Jun 24
Nd par
——50
Packing—
preferred—
1% Apr
23'4
Jan
Oct
3%
Nov
32%
Deo
19
Jan
'
173/4
19%
:
"
19'A
191/4
1081%
109
*107%
*107%
108%
25%
*24i%
25
24%
24%'
24%
24%
24'A
461%
45'%
46
45
451%
45
45 s/8
441/4
453/8
61/4
*108%
6J%
53/4
53/4
5%
53A
11%
11%
11'A
ll'A
109
*25
45%
6
18%
19
4
5%
11%
12
3%
3%
3%
5%
6'%
11%
12
11%
11%
171/4
16%
16%
4
3%
17%
Xl7
109
16 %
4
171/4
4
*17
16%
Xl63/a
*
45
16%'
17
17
*16
17
17
*161/4
163A
37.%
37J/4
*371/4
39
*36%
38
*36%
38%
*367/rf
39
50
*48%
50
*48
50
*48
50
*48
50
13
*121/8
14
*12%
16%
*16%
*48%
17
17
16'%
13%
*12'%
13%
*12%
14%
147/a
xl4%
14%
14%
*1%
1%
1%
1%
1%
14%
,
14%
l'A
1%
13
143/4 ^
14%
*1%
-
27
27
79%
28
79%
80%
*27
14 y8
14'/a
14'%
141/4
*101%
101%
*101%
'.
101%
1%
*34%
351/4
*34
351/8
14'A
*34
793/a
79
101%
*6%
28
*27
79%
101%
*56
7
6%
71/8
7
28
*141/8
57%
56
56
56
78%
-
14'A
14'A
1013/4 1013/4
57 "
6%
*6'A
351/8
143/a
14%
103
*102
58%
6%
*6%
6%
35
*34
34'A
34%
-
59%
j
6%
35%
145
*140
150
*140
150
*140
150
*140
150
*140
75
*73
75
73
73
*73
76
*71
76
*71
112%
106
35
*11%
12%
12
121/4
11%
*52
63 %
24'%
23%
104
24%
111
111
35
148
114%
105
24 y2
35
*146
24%
*111
11%
*12
,
*11
I
341A
1141/4
63%
*62%
114%
64'A
63%
23%
105
24%
*24
*24
24%
114
11%
12
11%
*111
11%
11%
114
23%
23%
105
24%
*111
114
34
No par
1,400
35'A
300
150
341/4
*146
114'A
*63i/8
35
34%
148
114%
.
120.
No par
.
preferred
15%
*lli/4
12%
11%
11%
23%
241/4
24'A
24%
24
24'A
24%
24%
15%
15'A
12
ll'A
121/4
12
15'A
50
Molybdenum
No par
Peabody & CO—'——No par
1,800
20
1,000
64'A
170
23%
6,200
160
24%
243A
700
10
Clu.ett
.
Preferred
Class
—100
—
Coca-Cola Co
No par
(The)—
15%
2,000
A__
No
——
par
ll'A
ll'A
280
JColorado & Southern——.100
12 3/4
880
preferred—100
4% non-cum 2nd preferred—100
Columbia Br'd Sys Inc cl A
2.50
Class B
I
2.50
11
11%
680
11%
243A
24%
24%
24%
24%
1,800
243/4
24%
24%
243/4
243A
1,900
11%
Apr
27%
Apr
36 %- Jan
%
Apr
23A Dec
17% May 13
,7»4 May 12
2 34
jun
1%
Jun
2% Jan
21% Jun
-
834
Jun
13% Sep
4'A Jan
7% Nov
July 22
50'
2
4%
non-cum
1st
9%
Oct
8 3A Nov
16% Dec ,10
;
12
Apr
6
41% May 20
33
Aug
Apr
54
47
July
22
..
May 27
17 % Jan
3934 Jan
52
Jan
1534 Apr
30
8%
Jan
ll'A Nov
Jun
10
11%
Jun
13 3A Feb
18
3% May
32% Apr
4
1
Dec
ti
20
May
853 a July 15
1534 Aug 18
106
Sep 27
60% Dec
16
43% Jan
9
Jan
92
May
32
Oct
2%
Mar
8% Jun 25
39% July. 7
28
Jun
11
120
Dec
145
Dec
74% Jun
116 3/4 Aug
7
10
40
Nov
3
108
Sep
22
673A
Apr
107 %• Jun
22
May
9534 May
77 SA May
2% Feb
25
Jan
70% Dec
10 34 Aug
99
Aug
34
Apr
3
Jun
39% Nov
125
Deo
72
Mar
112% Nov
315A
102
Dec
Deo
84% Mar
Apr
50
44
253A
Apr
36% Jan
153
Sep 21
July 14
May 13
88
Jan 4
62% Jan 11
)6% Jan 11
142
7
Nd par
11%
24%
ll'A
5%
July 23
9% May 11
34
'
32%
108
Jan
13% Nov
2(4 Jan
3% Jan
3
Jan
;
187A Oct
100% Nov
July 20
100
preferred
Jun
Apr
40
4
conv
14 3A
48% Mar 30
17 % Jan
Colo Fuel & Iron- Corp
15% Sep
93
50
Feb 6
33% Nov 18
33% Jan 12
—No par
12
11%
.
8
92 % Sep 29
6
Collins & Aikman—
5%
.
7
xl03% Deo
ll'A
.
24%
-
6
13
Jan 23
84
fid pat
preferred——No par
Colgate-Palmolive-Peet.
$4,25
Mar 17
101% Jail
Special gtd 4 %' stock—
Climax
30
7
2
4
10
13
30
67„ Feb 2
109% Jan 4
-28%Jan 22
Graph Bronze Go"(The)— t—l
preferred..^.
,.100
7% gtd—50
'
4,900
1051%
15%
123
——
Clev & Pitts RR Co
/
23%
114
Olev
900.
*104%
*111
5%
70
40
100
-—5
—
Co——100
__4_10O
Clev El Ilium $4.50 nfd—..,No par
10
114
243A Jan
675/8 Jan
10'A Jan
96% Jan
27
Feb
2% Jan
32 % Nov
C. & St. Louis Ry.
C. C.
10
54
3A
City Investing Co
City Stores
Clark Equipment—
'
15%
23%
148
114%
1041/2
11%
12'A
2487.
64'A
34%
341%
*146
23'A
151/4
page
1141/4
104%
23%
see
34%
148
343/4
34%
23%
23%
footnotes
34%
1041/2
15%
15%
>
*146
114%
63A
92
54
34
100
1,400
106
*52
23%
For
391/4
54
35%
'
11%
*113%
*52
34'A
12,000
900
60
*105
54
63
63
x23%
15%
39'A
'•
106
*52
351/4
*1041%
113
15%
113%
81 %:
76
-
91
114
24%
113%
*383A
133A Jan < 4
1
Dec 7
Chile Copper Co————25
Chrysler Corp..—————5
City Ice & Fuel
No par
6%% preferred
—100
110
27-.
*105
93
148
24%
38 'A
*91
114
24%
113%
tChilds Co
106
93
*146
63
38'A
*105
*91%
35i%
35
105
113'A
381/4,
93
115
.24%
113'A
106
*92'A
148
*62%
38'A
hos
54
*52
351/4
35 %•.
*112%
•
93
*921/4
35%
35 %
*111
38'A
106
54
*52%
105
1131/4
38%
*105
93
*92%
147%
*114
*112%
38%
38%
1,700
*141/4 ,141/2
: 103'/a
*71
112%
1,800
-
Dec
,
pf ($2.50) cum div—,—No
Chicago Yellow Cab———No
Chickasha Cotton Oil—4——10
*102
60%
preferred———-Nd
13/8
79%
58'A
57
conv
Pr
'
13
27
80%
79
$3
'
)
28
*27
145
*105
Chicago Pneumat Tool——No
100
109
7
2% Jan 6
10% Jan 4—5
6' Jan 4
par
15% Jan 6
par36% Nov 24
par1
48% Jan 6,
par
11% Jan 12
153/4
l3/a
'
-.
50
-
153/a
'■
79%
Chicago Mail
1,000
39
*121/8
153/a
1%
*48
Order Co..—
2,300
16%
7% Jan
40
_———
,
'
*i2y«
*27
3,600
163A
16
.*373/8
A
;
par
19% Apr
24
July
Nov 29
Jan 5
Jan 8
Janf 13
333/4 Jan 2
2% Jan 2
Chicago Great West RR Co—*■-.50
5 % preferred
.L-l—450
3,600
,17%
163/4
163A
17
17'A
Chic & East 111 RR Co J—No
Class
i63A
18
99%
8'%
—,—25
Chesapeake & Ohio Ry.
3,200
•
—,
—
Checker Cab
3#100
4'A
preferred
Mfg,———
6%
50.
400.
11%
No par
.—100
i-—5
Champion Pap,& Fib Co
10,300
GVb
%"
11%
4
-
17'A
171/a
,
243A
X44'A:
5
4
'
108
*233/4
24'A
-
4
171/4
108
108
108
I 700
-
54
123
Sep
68% Oct
25
Dec
13
18
8
109% July 17
283/8 Julyl5
114% Oct
6
8
19% July 14
17% Sep 25
153A Jan
2
2
2
6
15% Jan
2
19
Sep
19% Sep
25
25
47
May
Jan
JaH
149
Nov
56% Mar
92
Nov
55%
63% Jan
139
Jan
Jan
ll'A Mar
07%
Apr
10% May
96
May
13% May
%
1
Apr
May
% July
173/4 Nov
107%
18%
108
Deo
Oct
Dec
18% Jan
4'A
Sep
5% Sep
5
Sep
24% July 14
8%
Apr
16% Deo
17
8 3/»
Apr
16% Dct
24% Dec
THE COMMERCIAL & FINANCIAL CHRONICLE
2480
Monday, December 20, 1943
r
NEW YORK STOCK RECORD
AND
LOW
Monday
Saturday
$
i.vtr share
per share
'
4%
"
4'/a
75%
69
*88
89
*88
38%
38
106%
*105
38%
*105
38%
*88%
91
*88
15%
16
38%
38%
*38%
37%
37%
37%
43%
4? %
42%
14%
14%
14%
14
%
U
%
817/B
79%
8%
22%;
22%
'
24%
24%
x22%
*104%
*104%
,
153/8.
%
U
78%
79%
24%
24%
81
24%
24%
8%
8%
8%
105%
22 Va
22%
223/e
20%
21%
104%
105%
105%
,243/4
9
9
3%
3%
3%
'
21%
21%
-
106 %
33/b
106'/a
3%
1,700
•
30
3%
3%
3%
3%
3%
35/8
8,900
21%
21%
21%
21%
21%
21%
21%
21%
21%
21 5/a
215/a
21%
102%
102%
102%
102%
102%
1023/4
102%
1,200
13%
16%
16%
6%
6%
2%
.
16%'
6%
■
_
:
6%
:
"•
2%
2%
16%
2%
2%
2%
2%
102%
102
102%
*102%
16%
*16%
27%
27%
27
2%
•:
2'Va
16%
6 3/8
6%
6 'A
6%
25% -263/4
253/4
26 3/8
*6%
6%
25%
27%
10%
11%
10%
11%
10%
11%
10%
11
17%
18%
18%
18%
18%
18%
18%
18%
18%
18%
*10%
10%
10%
11%
10%
10%
10%
10%
10 3/4
103/4
*14%
14%
14%
14%
14%
14%
14
14%
14%
14%
46%
*46
*45
102
20%
8 %.
8 %
11%
45%
■
45%
43/4
4%
.
43/4
30 3/4
31%
313/8
10%
4%
*4 %
.
1%
1%
18%
>
19%
10%
50
50
15%
15%
15%"
43%
44
43%
44%
54%
54%
24
10%
v
51
54%
10%
•
*20%
21%
2
44%
451/2
54%
543/4
54%
4%
4%
4%
4%
"4%
4%
1%
1%
1%
1%
l3/4
13/4
1%
19
105
105
-
a
•
6
16%
16%
27%
27%
45%
*45%
46 Vz
27%
16%
27%
45%
15%
*35%
*45%
46%
16%
16%
16%
27%
27%
27»/a
27%
68%
is y4
15%
15
15
15
15
96
96
96
*96
97
7
5
5
industries
—1
preferred—•——No par
Jan
11
7 % Jan
11
Corp———.5
Gas wd
15
.2'/4 Feb
10
Sep
18
29% Oct
27%
68%
10%
10%
ii y8
116%
*113
*113%
-
•'
*102"
23%
*23
24
*23%
23%
5%
6%
6
5%
120
*115%
120
114
*102
106
*102
106
*102
23
23
23%
23%
108
*102
5%
5%
24
*22 3/4
*102
Laundries
Natural
Aircraft
Vuitee
9 »/8 Nov
—1
95
42%
42%
42 %
43
5%
5%
5%
*42%
5%
15%
15%
>
Rll oi
4% Jan
6%
Cuba
preferred
15%
15%
*110
125
*110
125
*110
150
*130
150
*130 '
20%
20%
,
15%
15%
5%
5%
15%
15%
125
*110
125
150
*130
;
.
5%
t-
33%Jun
*6%
6%
6%
"
Jan
Nov
Oct
25
May
96%
7
11% July
16%
x4% Jan
7
113% Jun
2
-2
96
5
,110% Sep
24
26% Jan
No par
-.100
Continental Baking Co.—
pieierred—,
ti%
Continental
-
Oct
5
Dec
Apr
77
.
Jan
Apr
>/»
103%
Jan
7
36%. Jun
4
21 '/a
Apr
Jan
2
15% Jun
28
5%
Sep
8%
Jan
40% Jan
7
49'% Sep
30%
Apr
>234
Dec
4%
Nov
—,—20
Inc—
Can
Jan
82
.
7
Fibre——5
Insurance———$2.50
Continental
Motors....
—1
Continental Oil of Del.—
—5
Continental Diamond
28%
Dec
Dec
NOV
Copperweld Steel CO—
—5
Conv pref 5 %
series——,
50
Cornell-Ducilier Electric Corp..—1
X9% Jan
7
15
Apr
5
8%
Apr
12%
Jan
45
Jan
6
53
Aug 24
Mar
51%
Jan
137/B Dec
3
173/b Aug 20
23%
Apr
37%
Dec
42'/4
Apr
58
Dec
Apr
179
Continental
'
Exch
Corn
Products
37
Co.__j.__20
Bank. Trust
Corn
Inc
1——
1
Internat Corp..
———1
Crane;/ Co—
—.—^.-25'
Coty
"
5%
conv
Jan
53% Jan
Refining—25
Preferred ——-—-——-100
173
2 3/i May
-J
"
'
,
4
17
Oct
81 % Jan
2
7%
40
(The)
153%.
13,600
...
Jun
Feb
1
US'/a Dec
14
88
20
106% Jun
10
Cutler-Hammer Inc..
No
Jan
.Jan
140
Jun
Jan
9534
Dec
8% May
133/4
Jan
74'Za
"
13
Mar
Oct
19
90
Feb
100
Jan
2
Oct
Nov
II
19%
Sep
Dec
Dec
17
13% May
32%.
453% Sep
17
12
20%
Oct
9,3/2 Apr
8
9%
Jan
25%
Jan
100
10
Jun
5% May
18
2 4'/2 Mar 29-
Jun
Feb
26
119% Nov
8
80
Jan
95
Oct
Feb
10
1401/2 Oct
28
44
,
Jan
81
Nov
15% Jan
4
263/4 Jun
29
12%
Jun
18
Oct
3% Jan
5
7%.Oct
Jan
9
96
84
...
Nov
9
10
7-% May 10
14% NoV 30
-100
—.No par
pfd
Jun
,
13%
^
26
107
Jan
5% Dec
84
Jun
•
25% Oct
Jan
17
63
Sep
26'% Jun
4
30'/a Jan
.1
Class <A——
Cushman's Sons Inc 7 %
2,^00 v
5
1% Jan
—
$8 preferied.
2^%
11
100
.No par
" >5%;
203/4
143/2 Jun
18 ;> Jan
$7
•,
Jun
9
105
No par
preferred.—...
.——Wo par
Pilot preferred.
1
Cui tlss-Wright
f
8%
'7% Jan
92 3£ Mar
440
1,800
41,000
—
Jan
Nov
223/4 Aug 11
103/2 Jan
Curtis Pub Co
88%
39%
82% July 20
———'5
preferred-
4 3/a %
90
Apr
May
7
—100
14,100
12 %
10
77
6
15
30
July
Dec
Nov
.Jan
233/4 May
26
14
—30
—100
Mar
Nov
9% Jan
Inc
Press
2
273/4 Dec
X66
100
preferred
conv preferred—
Dec
38
s—
10
Sugar.i:
:w—i-ioo
Cuban-American
,
27
99% Aug
.—.—100
Dec
Nov
16%
41
11'/a Jan
—
14%
98%
20%
Zelierbaoh Corp—
.....No par
—
No par
Ciuclble Steei ql Amer
$5 conv preferred
preferred—
Apr
Jun
12'/a Jan
32
Oct
preferred—
103/a
9%
Oct-
Crown
Nov
85
5% May
14'A May
15
31
RR 6%.
Oct
78
Apr
23% July 27
Jan
47
5%
13
.
223/8 July 14
6
Cuba
.
3% Nov
233/2 Mar 12
12
5 '/a %
:
22
IV2 May
108% Aug 19
;
18% Jan
f
;
2 3% May
'37% Jan
1-10
11,000
May 17
.
par
__No
$2.25 preferred—'—
600
'
6
159
Jan
9
Crosley Corp (The)—.
Crown Cork Si Seal
—
1863> Sep - 2
16% Jan
.No par
No par
100
800
613/a May 21
8
14% Jan
95
Cream of Wheat Corp
45
7
Apr
20
Jan
-U
•
——.100
(The)——2
preferred
Dec
47
2
2% Jan
Coty
7,0. »0
:
9t '"ioo
!
42%':! 433/2.
15%
6%
107.
8%
9
Jan
9
233/4 jun
150
6%
Dec
21%
160
125
*6%
33/4 July
43/a
Aug 11
47
24
273/2
,1,400
6'/8
*110
2u%
16
16j/2 May 10
Apr
1,200
200'
■'
105
*130
20%
Oct
6
Cuneo
150
*20Va
3
6
200
125
20%
Jan
Jan
I'/z
9
Jan
Cudahy Packing Co—
*110
20 3/8
Nov
Apr
Jan
24
51/2
15%
Jan
%
Jun
;
16
$4,50
Pow
600
*130
150
20%
20%
433/8
*42%
43
5%
'
.
27 3/4 Mar 30
11
i6
Jan
7
-50
—
23%
5®/^
95%'
95
95%
7
■
Api
,
106
105
5%
8
173/2 Nov 29
—.--10
3/fe
3% May 12
19% May 12
■
17
.
US'/a
*22
108%
5%
5%
Nov
94
50%
.
11%'
23%
223/4
223A
Jan
16%
Apr
.
2
>
17%
113/2
*115%
23%
23%
108%
28
*16%
113/4
''
'
■
*130
20%
11%
7%
Apr
213% Mar'29
Film
July 24
.
273/4 July
170
*6768%
.
110
94
96
5%
15%
11%
11
93%
*92
42
"
5%
*102
6
96
*92
23%
108%
*102
105
*102
"
673A
173/4
27%
27%
17%
115%
1
*23
*23
273A
67
Sep
113/a
78
243/b July 15
105
37% July 15
4,100,
15%
97
*16%
27%
*16%
11%
115%
116%
24%
*23%
16%
Feb
89
1,500
46%
153/e
97
673/4
27%
67
10%
11%
*102
*102
42
.
17%
27%
66%
16%
67%
*17
67
27%
28%
67%
28%
4
Dec
27
29.
Apr
Dec
12%
97%
93% Aug
1
243/s Nov
18%
2
'
"17
17
6% Apr
,3% Dec
15% Jan
3,900-
•
16%,
15%
*96%
Jan
83
2
7
Sep
91% Jan
Preferred
2,500
i
97
15%
96
Jan
3%
.■12'/a Apr,
24% Nov 23
109
.—No pat
560
%;,
28%
*453/8
,46%
*453/8
46%
15%
96
5
pfd.—No par
190
21%
*16%
28%
*45%
-
23%
Apr
1% Jun
12
Jun
8
'
:
■
Jun
8
30
19
*201%
*27%
16% -16%
16%
28%
16%
Jan
17%
July 20
.
Coppermines Corp..—.5
Edison of N Y——No par
$5 preferred——_.
'
*27%
44%
4 Vb Jan
1053/b
*105
21%
*20%
Jan
21 »/a July
10
13% Jan
175
.
4%,
183/4
19
1053/8
*105
21
21
2iy4
*21
18 3/4
19
105
19%
18%
105
27
2
Jan
Oct
ii
25'/2 Jan
1,900
,
451/2,;
543/4,
54
1%
Dec
,
Dec
10%
A
5,200
-
15%
175
175
175
82
34
Jun
7 3/4 May
July 14
X '/a May 10
'
153/2
45
16
Continental Steel Corp—No par
51
15%
4%
21
15
9% Jari
200
6,800
14,000;
*
10 3/4
*50
15%
4%
19 Va
Jan
29% Jan
No par
2C
7>/4 May 6
4%
25
103/a
51
*49 Va
175
175
176%
*17#
105% '
105
20 »/4
_Nc par
Container Corp of America......20
'
103
Nov
90
Consumers
'
U6%
175
105%
10 '/4 Jan
,
313/a,
*23%
24
10%
15%
55
177
25
10%
*50
■
44
54%
*23%
25
*23%
15%
Apr
11
$2.50
1,700
4%
51
91 '/a
44% Jun
20
1
pfd—100
Consolidation Coal Co——
25
1,500
31%
44
*20%
11%
453/4
35'/4
4%
55%
1%
113/4
45%'
35%
31%
44%
18%
11
46%
35
4%
15%
107»A Sep
25
Consol
5,000
11
45%
31%
54%
*105%
35%
11%
46
4%
*43%
*4%
35%
11
31%
10%
104% Jan 19
7
100
•
45%
4%
25%
Dec
2
ooiisbuaaied
3.900
106
31%
*23%
16
*174%
106
Oct
Oct
29 %
'
2,GC0'
8%
35
,
400
■
.
11%
*11
*50
51
16
8
106%
*106
19%
46
35%
35
11%
45%
35%
8%
8%
600
46 3/4
11%
Jan
5'/a
Jan
13
Gnnso]
2,400
,*'
102 %:
19%
4%
10%
*50
8%
'
Jan
24-
,
16 %
2% Jan
v-
Jan
7
44
14
17% Jan
Consolidated
1,700
15
1013/4
19%
4,200
July 9
51
2% Nov
—54
Jun
25% Jan
21 % Jan
$2 pai:tic
17,300
Oct
41
11
No par
Consol
1,300
10% '
4 6 3/4
47%
19%
108%
*108
109
10%
25%
10%
,
193/4 July 14
Jan
30% Jan
Edison Co—_—25
.
26,300
18 3/4,
Dec
7
9
2
1,200
•
84%
par
2
Consol
1,600
11
15
102
*101
20
10%
18 3/2
*103/4
.
31%
-
31% >
>23%
8%
35%
;
'
5
4%30%
8%
11%
11%
45%
19%
*108
*46 3A
102
102
102
20%
45%
35
46%
8%
103
*108
34%
34%
Va
20%
8%
8%
110%
*108
46%'
20
20
-
101%
102%
102
20%
11%
10%
43%
46%
47
102
2%.
16 3/4
16 3/4
Jan
Mar
1
93% July 15
"
6%
27
,
2 3/8
2%
16%
17
'27%
G%
'
27 7/8
.
453/2
13
A Jan
Coiibol
12,600
102%
Sep
79% Jan
,
Congoleum-Nairn Inc
__—-No par
Consolidated Cigar—*——No par
6'/a %; prior preferred—'.
.-100
;
.
Sep
Sep
29-*'
par
—.-100
Coude Nast Pub Inc.—
;
v
223/8,
*105
3%
300
1,200
;
30 %
18
2
'36% Jan
Commonwealth
9,800
--r
22%
2
28
2
preferred series.-.—,-,—No par
$6
3,800
24%
*8%
*22
53/4 Jun
73
2,
Jan
Commonwealth & Southern..Nd par
42,000
223/a
21%
*105
preferred
Commercial Solvents.
18,500
793/8
79
1
104%
Highest
S per share
7,7»/2 Sep
1% Jan
——10
Comm'l Invest Trust
5,900
,
I per share
share
37
—No par
Credit
conv
$ per
share
40% Jan
'
243/s
*8%
22%
*22%
22%
105%
42%
14%
Ia
80%
1063/a
42',
14%
*8%
22%
.
4 3/4 %
42 3/4
Pictures
Commercial
per
:.100
100
_
Co
preferred-*
$2.75
6,900
14%
22%
8%
22%
8%
*8%
,
105
Columbia
1O0
383/a
f
No
Carbon
Columbian
1,700
39
38
80%
80%
24%
1912
Lowest
No par
;
preferred series A.
preferred
5%
200
16%
*383/2
37%
%
..14
24
80%
24
,
3/4
6 %
90
42%
42%
14 Va
42%
14%
39
106%
"105
106%
*105
106%
42%
24 %
Year
I
Highest
t
No
Columbia Gas & Elec
2,600'
91
*153/4
14%
80%
'693/2
16
43%-
24
76%
*69
89
14%
.
Lowest
Par
27,100
76
69
88%
43
%
Since January
Range
EXCHANGE
Shares
43/b
76
'
38%
*105
106%
STOCK
YORK
NEW
for
the Week
share
per
4%
4%
76
69
39
37%
'
4%
76%
69Va
$
*15%
16%
*38'/a
39%
*38%
39%
*38'/a
*■ 4%
4
74%
89
16%
16%
S per share
share
per
*69
69%
89
16
16%
Dec. 16
'
S
4%'
*68
*
Sales
Friday
Dec/17
Thursday
Dec. J5
75% " 76
69%
69
Range for Previous
STOCKS
PRICES
SALE
"Wednesday
share
4%
76 %
*67%
16 %
5 per
,
4%
75%
4'/4
'75V4
■>-,
Dec. 14
Des. 13
Dec. 11
HIGH
Tuesday
,
par
D
J
*6%
7
*6%
13%
13%
13%
13%
13%
13%
13%
111%
*110
111%
*110
111
'110
23
23
23
23
22%
39
38%
39
38%
38%
33%
33%
110'/a
23
38%
13%
33%
*32%
33%
*17
18
.
133/4
110%
110%
23
38%
38%
33%
*22%
38%
33%
"17
333%
.
3,000
*1103/2
110'/a1
13%
60
1,100
Decca
Records
393/4,
8,300
Deere
&
33'%
33%
18
14 %
15%
14%
147/8
14%
5%
5%
5%
5%
5%
5%
5%
5 3/4
53/8
53/8
19
18%
19
18%
50
*45%
50
*45%'
28%
*28
28%
i8 y8
28
*30'A
30%
30%
*38%
40%
*39%
14
14
13%
29%
29%
29%
99
99
14%
14%
28%
18%
50
18 y4
*45%
28%
*30%
31
*39%
40%
18 V4
18%
18 »/4
*45
50
28
,28
283/4
,
12%
12%
12%
12s/8
12%
13%
1,400
29%
29%
33
33
343/a
19,600
99
99
99%
14%
*42%
*98
99%
14%
*14%
15%
*42%
43
993/2
*93
43
15%
*145/a
433/4
*14%
"43
433/4
*32%
43
32%
32%
32%
32 %
32%.
32 Va
32%
?23/b
32%
23% " 24%
23%
24%
23%
24 y8
23%
24
233/2
24
48%
49%
50
49%
50%
48%
49%
47%
48%
127
49
28%
28%
28%
28%
8%
8%
8%
8%
*11%
12%
11%
11%
*11%
*116
122
144
28
28
103/8
10
103/2
*11'/a
142
117
117%
128
27%
93%
9%
'116
116%
48
273/a
143
-
127 »/a
33%.
'233/4
1273/4
122
125
473/8
43%;
28
*116
125
10'/4
18'/a
Apr
273/4
Dec
—20
1
30%
NOV
Jan
2
20'% May 19
25»/4 May
9% ,Apr
13'/8
Nov
83/4 Jan
2
173/4 May
Jan
11%
Oct
2% May
14% Apr
4%
Jan
18%
Jan
—
—
12
*113%
128
*116
122
142%
*11%
12
*116
122
143
'144
1413/2
12
1,200,
7,100
12,800
126
125
125
*116%
117 %
117%
117%
1,000
3'/4 Jan
12
*117
117'/2
170'
6
331% Mar
42'/a Nov
15
8% Jan
20
213/a Jan
8
C3!/a Jan
13
^......lOO
—Nq par
No par
151/3
Nov
Dow Chemical Co
...No par
Mfg Co
No par
International—
Duplan Corp.
8% preferred—
Du P de Nemours
$4.50
.No par
100
10%
11
10%
11
11
11
11
11
11 Va
11%
3,500
35%
36
36
36
36
36%
36%
37
2,100
Eastern
6V8
6>/s
6%
6%
*6%
700
Eastern
158
40%
40%
*156
158
'156
158
181
'178
181
40%
158%
157
158%
>177V,2
181
181
'181
185
41
41
41
41
41
17
17
17
17
37
37
36%
37
36%
9%
9%
9%
9%
*3%
4%
3%
3%
3%
4%
88%
89%
88
88%
85%
86
84%
85
4%
40
4%
*56%
107%
107%
107%
159
185
*17
17%
17%
17%
37%
37'/s
373/4
40 3/4
*17
37'/a
4%
4%
4%
88%
88%
*87%
88
87 i/s
87%"
88
883/2
85
*83%
843/4
84 "
84
85
85
39%
40
28%
58
107%
108
27%
*57
•
'108%
39%
9%
9%
33/8
3%
3'/4
4%
4%
40%
*39
43/8
39%
109
570
8
8
*85
87%
873/4
88
88
89
*85
91
881/2
88 »/2
89
89
V2
footnotes
%
n
%
see
page
8%
8
893/4 -
943A
%
500
943A
*921/2
943A
3/a
%
%
3%
*91
*%
8%
10,400
88 '/2
280
89 3/4
190
94%
60
7,000
No par
preferred
Electric, Auto-Lite
Electric
Boat—
..100
4
Storage Battery
Natural Gas
Johnson Corp
703/4
Oct
95
Apr
134%
Dec
153
7
,
122% Oct
$6 preferred
17
8
8% May 28
Bldg
Jan
43/2
Nov
Apr
151 %
Dec
180'
Nov
May 19
8
170
Mar
453/a July 15
26
; May
36V4
Dec
11
Oct
15
Jan
20%
Jan
30%
9%
Dec
13%
Jan
Feb
1%
Nov
Jan
1%
Nov
Jun
20
39'/a July 2
Mar 30
19
14
Sep
4
53/a Mnv 1 0
1% Jan
5
6 3/4 May
5).
20
17»/4
Apr
20
92
Nov
19
88'/a Nov
19
15
No par
3
50
33% Jan
2
20
29
23 3/4 Jan
49% Jan
7
X32
5
58
3/2 July 17
393/4
Apr
106'/4 Dec
2
118
Aug 21
1073/a
Feb
par
uc t.
Apr
2 V4
20
No
34
16%
108
28'/2 Jan
No par
Jan
Nov
184
23/4 Jan
July
Dec
111% Mar
31 >/4 Jan
Engineers Publio Service
1
$5 preferred.:
——No par
$53/2 preferred—
;
No par
120
118 »/a
Apr
.No par
No par
,
Oct
Nov
144
113/a Dec
4
Dec
7
127
44% July
30
Feb
112
16 3/4
10%
102% May
/ 170
83/s Nov
Jan
120
Aug
30
8
23/4 Apr
8
11
121% Sep ' 2
130
2
Sep
8
29
13 */e Mar
,
159',4 July 15
13
Jan 19
17
1% Jan
preferred
Office
May
11
4
..100
...
El
{Equitable
Dec
51
25% Sep
733/2 May
20
35
30% Jan
shares
Electric
5%
16%
146% Jan
xl73
11% Feb
Electric Power & Light—No par
Paso
Apr
2
1.5
;
8.
3% Jan
...2
1
Elec & Mus Ind Am
Endlcott
31% Jan
3
(The)
$6 preferred.
1083%
108 3/4
cum
a
—5
Mills
$7 preferred.
100
1081/2
6%
800
2,100
109
.
Eaton Manufacturing Co.—
Edison Bros Stores Inc
1,600
30
*88%
For
40»/e
4,300
58
88
il
4 3/4.
*233/2
91
95
700
*56%
8%
*903/2
3%
28 3/8
*88
95 3/2
5,100
57
x871/2
X95'%
93/B
28 >/8
8%
8
2,500
57
91
8%
700
Rolling
—
Eastman, Kodak Co.—
10
800
28
88%
8%
1,200
58
8 3/s
96
373/4
3%
9%
90%
96
18
4%
9%
883/4
83/4
40 3/4
*3%
28
107%
159
'181
40 3/4
3%
*3%
*56%
58
159
9%
40
28
28
28
58
40 3/4
9%
9
*83%
40
*39
40
28
*56%
37
6%
185
157%
'181
37
17%
*17
*63/8
Airlines Inc.:
115% Dec
9% Nov
Eagle-Plcher Lead Co..
36%
Dec
Dec
13% Apr
1
Dec
28
4
5
93/4
29
Jan
24
Jan
.
7% July
Apr
9
Dec
Feb
16%
10'/2 Dec
Jan
Nov
May 20
5
Jun
Dec
87
32% £lay
8
124
1st pfd—100
2
15
Jan
134
9%
22%
July 12
5'/4 Jan
115
39% Aug
16 Vi Mar
May 28
1
35% Jun
16
■„
70
•
122% Nov 26
No par
-
...
Dufjuesne Light 5%
—1
Apr
33
30
& Co.—20
*
(EI)
preferred
36%
6%
16 >/4 July
Jari 20
44
Jan
45
20
NO par
Jan
27%
.
99 '/a, Dec
2
Oct
21
Apr
63/4 Aug
May 10
35% Oct 26
17
18
No par
—
11
*6%
Jan
Douglas Aircraft
36%
6%
10
38'/2 Feb.
22 3/a Feb
ioy8
*6%
*;
37
Jan
33%
8
6
No par
300
u?%
Jan
Jan
No par
•
4,3<~0
126
26
Oct
14
35'% July 12
Doehler Die Casting Co—
Dome Mines Ltd—
Dresser
100
483/2 Apr
7
Dec
18:
37
30
1
37
—2
;
A—
Dunhill
122
142 3/4;
Cup Co—
Class
July 14
No par
Corp-Seagr's Ltd
-5% ^preferred
Dixie
22 3/a
—.—25
preferred—
36%
6%
Mar
7
5
10% May 10
2
16% Jan
.No par
—
Distil
1,000
*125
117%
—50
__20
Reynolds A
partic
16,000
-124%' 124%
*124%
12,
—.——10
Diamond T Motor Car Co-
400
400
129
9
12%
Apr
6
Detroit Edison
440
28
*142%
126
116%
9
144%
143
*125
28%
122
*116
144
"23%
,
14%;
'127
128
128
128
127
127
8%
*28
4%
July
36'/2 July
Diamond Match—
29%
*98
14%
243A Sep
43
5
400
13%
Jan
12
17% Jan
29 %
20
Oct
110
11
40,
13
102
Nov
Jan
Delaware Lack & Western
6%
8
Dec
17%
12%
Jan
{Delaware & Hudson————-100
40
Jun
4
Apr
Jan
Aug
Mar
Jan
Devoe &
31
8
26
10
Detroit Hillsdale & S W RR Co..100
*393/2
15'/2
5
29
540
*30>/4
2%
3
Jun
116
28'A"
403/B
43.
,32%
13,000
18 34
50
30%
43
*42%
6,400
12,100
5%
30%
40 Va
'
14%
15%,
29%
13%
29%
2
20
12
1
Delsel-Wemmer-Gilbert
18
*393/2
31
*39%
18%
*45
50
28%
28
31
31
40%
99%
*98
*16%
18
*163/2
16 3%
14%
?45
100
Inc..
Co
Preferred
1,500
Jan
108% Jan
(The)——1
Corp
4
Mar
19
19
'
*
14%
5%
.
333/4
17
—No par
22 »/2,
39
14%
*17
—
Dayton Pow & Lt 4%% pfd
223/8
39.
14%
,
Chemical
Davison
23
14%
18
5%
111%
—.5
preferred...———25
Davega Stores Corp.
24
13%
13%
14%
*16%
100
6%
*6
24
*17
23
18
*32%
24
*17
23
*17
24
*18
24
*18
7
42% Sep
Sen '
9
30
27
27
Dec 11
93/2 Sep
35»/4
Dec
Jan
Apr
,
19"4
Wk
323/4
Jan
Jan
34%
Nov
Apr
Apr
263'8
Feb
49»/a
Dec
112
3 Va
Oct
Jan
Jan
Sep
40
Apr
66
92 3/2 Sep
46
July
73
Tan
573/4 Jan
47'% Apr
£j
..an
62 3/2 Jan
96
54
Jan
% Jan
2487.
\
92
l»/4 Mar
1
Je
Dec
Oct
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4239
158
LOW
Monday
Saturday'
••
Dec. 13
Dec.lt
AND
HIGH
/Tuesday
Dec. 15
Dec. 14
"
t per.share-
per share
10
9%
9%
44%
9%
82
45
share
9%,
44%
82
*76
45%
9%
Erie
1,300
7V'a
5%
7
10 %
,21%
10%
10%
*10. %
10%
10'A
10%
10
21%
10%
21%
21%
21 %
21%
21%
21%
2%
* 2 Va
.
2%
*2%
2%
2%
2%
Vacuum
10'/a
10%
1,500
21
21 Va
1,600
Ex-Cell-0
2%
100
*2%
2%
*2%
J per
Year 1942
Lowest
share
per share
Highest
I per share
16% May
4
16% May
4
3%
Jan
10
Oct
52% May 19
78
Nov 24
9
32'A
Jun
44
Jan
Dec
70
Dec
47/a
Jun
10'/a
Oct
Jan
9
.100
39 Va Jan
12
—50
68'/a Jan
18
5
.....
3% Jan
2
9% Jun
8
1%
Jan
4'A
Sep
5% Jan
4
14% Jun
5
4 Va
Apr
7V8
Deo
Nov
8
29 »A Mar 30
May
28%
Oct
% Jan
19
8
par
oieaner
Products
8'A Jar.
par
No
lnt
Pitts RR Co
"nrpi'a
21%
21% '
*2%
1,900
7
benef
10%
"
'
of
Evans
'
—No
common
pref series A
Erie &
82 1
*76
7
6%
7 Va
7%
7%
7 >/a
7%
RR
Ctfs
•
'
6%
6%
'
f per share
Par
25,600
451/2
82
*76
82
,
9'A
45
Range Since January 1
Lowest
Highest
EXCHANGE
4.300
45%
9%
9%
41%:-
10'A
9%
9%
9%
9%
9%
.
45
•76
82
*76:
9%
9%
per
9%
9%
9%
'■
45%
44%
44%
1
*76 Va'
10%
9%
,10'
9%
S
$ per share
Range for Previous
STOCK
NEW YORK
Sharei
$ per share
share
$ per
1
for
the Week
Dec. 17
Dec. 16
•
Sales
Friday
Thursday
Wednesday
•
S
STOCKS
PRICES
SALE
,
2481
—5.
Co
Corp.
—
,
.3
Exchange Buffet Corp__
.2.50
Fairbanks Morse & Co__
20
No par
3% July
70
20
U
1
Jan
1V4 Nov
V"--"
33
22%
22%
9%
33 %.
33
33%
*33%
33%
33%
33 %
32%
33
1,700
21%
34
34
22%'
22
22%
21%
22%
22%
22%
22%
22%
4,500
5,700
9%
9%
9V»
14%
M4%
9%
15%
104%
•
*103
15 !'
15
15
v
1,800
Federal
18%
2,200
17% -"17%
17%
17%
500
4%
4%
4%
900
22% Z 22%
2,200
18%
18%
•
19 V8
19
19
19%
13%
19
13
19
:
*17V4
17%'
*4%
4%
22%
93%
22%
93 %
"
16%
38%
16%
33
16% '
46%.
39
;
4%
22%
22%
22%
93
93
92%
94
*16%-
16%
46%
46%
47
38%
38%
105%
104%
*18%
*34%
25%
,
6
6
*12%
*12%'
13
13%
51%
5Q'A
50'%.
*1512
16 'A
15%
51
15%
*
117
116%
*20 »/4
21
*20%
19%
*19
21
*58
30%
30%
28%
31%
21
103
29
29%
*108%
:
25
25
6%
Flintkote Co
Follansbee
5%
50
15%
30%.
29%
30%
30%
*28%
-
2%
2%
2%
2%
2%
2%
2%
•12%
13
*12%
13
*12%
12%
12'A
100
24
*23%
24%
*23%
24%
24%
:
*2%
24%
4%
4%
13%
51 %
4%
13%
13%
*50%
51%
4%
13%
*50 %
4%
4*2
"■
51
.
:
13
:
11
11
*
*10%
16%
Dec
86
May
96 Va
Jan
Jun
10
15
Mar
27'A
Dec
No par
19% Jan
8
28
Jun
11
18
Apr
21%
Feb
^.10
,—100
3% Jan
2
3
30% Jau
5
May
Aug
1
9% Jan
4
Inc.
21
5% Jan
Co
Gar
5,400
(The)
2 Va Jan
19% Jan
40%
11
*13%
*106%
51%
"
■
7%
145
*141'A
*141
6%
6Va
6%
6
4%
4%
4%
4%
4%
4%
ii
11%
11%
11%
11%
82%
82
82
80'A
81
27
27%
*145
146'%
27%
*145
37%
41
116
•
116
2%'
:
•
27%'
25%
27
*26%
148 '
*145
148
«
*115%
116
*115%
2%
2%
26%
42
115%'
,115%
117%
116%
116%
*117
101%
101 %
102
102
*101
131
131
131
131
50 3's
50%
50%
50
*127 %
128%
123
35%
36
36 %
4%
5
*
43%
116
116
2%*117
2%
h
2%
"...
*117
120
105
*102
105
105
* 130
'131
*130
4%
.
7
*6%
4%
*4%
19%
19%
*6%
6V«
6%
%
19%
120'
6%
7
50%
38'A
5
5
19%
19'A
6%
108
6%
;%•?
1%
1%'
1%
1%
1%
1%
1%
'
*111
113
1%
1
*43%
j. 21%
21%
21%
21
■/
•
45%'
*43%
46
*44
1
1
1%
*1-
1
45 Va
20%
14%
14%;
14%.
15
15
1
85%
85 %
85%
85'A
85%
85
:21%
21%
21%
*21%
21%
18%
*18%
19
21%
14%
84%
20%
*105
;
20
■
*112
.l'A
1
48
21'A
*48
21%
Xl8%
19
19
5
6%
7%
7%
181
*45%
11%
7%
7%
70
11%
11%
84%
83
83
18%
18%
18%
18%
18%
45%
'*45%
46%
45 Va
45%
18
45%
11%
82%
82%
500
18%
<
18
18'A
3,200
1%
1%
99%
100
100
*85%
41%
40%
41%
41
2%
2%
86%:.
*85%
86%'
•
1
1
*2%
2%
2%
*85 Va
,
40%
99%
X993A
47
*46
*46
,*:
37%
36%
1023A
103
8Va
8%
8%
*99%
100%
*99%
8%
100%.
-99%
103
*7'/a
8%
*99%
100%
41%
*98
37 Va
37
103%
104
7%
*7%
7.%
100%
*99%
2%
*86
99
36%
100%
.
41%
103%
7%
'
85%
*97
36%
103
1%
27A
85%
40%
40%
36%
37
102%
•
40%
99%
36%
*2%
2%
86
99%
40%
102%
.8%
*99%
85%
■'*!
l'A
l'A
1%
2%
2%
87\
37%
103%
1
1%
103%
36%.
47
200
*99%
l'A
'
l'a
1%'
*
"
1 Ve
1 %
1%
„
3% ;
*14Va
15%
.
3%
4'
*
15%
2%
800
87
98%
9%
9%
33%
*33
33%
*33
24 %
*24
24%
24
.
9%
14
14%
13%
25
25%
24%
25%
24%
23%
23%
23%
*5734
•
J.
*68
9%
11%
11%
*
20
,
134
134
-(6%
6%
9%
33%
36%
45%
4% Jan
2
103% Jan
5
3% Jan
2
'
12% Jan
% Jan
4
1,400
100%
31% Jan
28
15% Jan
5
2
Jan
2
16'A Jan
4
15% Jan
4
4
14% Jan
14
4% Jan
2
23%
23%
151%
151%
23%
*58
58%
58%
,.47'A
.47,
19%
20%
20
11%
*11%
11%
11%
10%
11%
10%
11'A
11
4%
4%
4'A
4%
4
.'
,
,.
47%
.
23%
151%
*58
47%
20
20'A
:
134
*134
*134
138 "
6%
6
6%:
•'
..
138
5%
36%
35%'
35%
45%
46 V'2
46
46%
"35%
6
35%
46%
46
—1
(W T)
"11%
11%
10%
11%
11%
*136
-
'
4%
a. f
137%
"134
5%
x32
45'A
5%
6
6'/a
Nor
-
Jan
15%
Dec
3
Jan
5Va
Nov
9V4 May 10
May 20
17
4
74
2
14'A Sep
85% Oct
Jan
4
8%
20
Gulf
7,900
<
*5
Gulf
*40% Mar
Feb
61
Nov
4
Apr
5%
Jan
50
May
65'A
Jan
14% Jan
22% July 16
12 Va
Sep
16
41
48
22
37%
Jan
44
V4
Jun
73
Jan
Jun
1% May
Jan
Oct
Feb
Jan
14
102
25'/a Jan
80
Jan
*
11
Jg Jan
2
A 3/, Dec
3%
17
Jan
5
8
9% Apr
29
Nov
5
100
1% July
6% Apr
7
July 13
-
2%
Jan
10'A Jan
27
60Va
Jan
90'A
Dec
1% Jan
4%
Nov
Dec
Jan
81%
Dec
A Sep
1 Va
NOV
5%
Jan
x58
2% May 10
17
H Jan
4
"
Sep
6Mar
6
8% Dec
9'A Nov
Sep
Apr
22'/a May
32
Nov
2
23
25
Feb
Prop—No par
13% Dec
14
18
Apr
1
13%
Dec
18%
Oct
32"% May 10
19%
Jun
25%
Feb
28 V4
Jan
Iron
Ore
6% pfd—No par
..No par
100
^.No par
——,—10
preferred
Sugar
preferred
—
1
No par
100
7% Jan
24
9
21% Jan
7
23'A Nov
19
138
•
Jan
57 % Sep
13% May 29
22
154
Dec
10
130
Apr
Apr
10
65
Jan
27
50
July
Sep
27
25
Dec
8
31'A Jan
19
14'/a Jan
4
27% Jan
50
2
l'A
11
Jan
4
13% July 16
10'/a Nov
9
17'A May
2'A Jan
2
81% Jan
19
11
preferred
4
No
Corp
10%
10
Apr
33%
Jan
Apr
14%
Dec
Mar
Jan
3%
Jan
86
48%
5
2 Va
10'/a May
3% Jan
12
2
41% May 12
44% Nov
18
11
Sep
Jun
4%
Oct
Jun
333 i
Oct
50% July 26
22% Feb
11% Aug
14%
12
25% Jan
Jan
63% Nov
1% May
Jan
11
5
143
9 Ve May
Jun
160% Jun
v"»
RR——No par
;
22%
July
2
25
Mobile & Ohio
Oil
.
July
Guantanamo
*7,700
7%
37
Grumman Aircraft Corp—
45%
28
26
5,600
45'A
Sep
3
Western Sugar—
.5%%
110
101%
15
3,300
,3,200
Dec
May
11
Dec
Grevhound Corp (The)—.
2,100
32%
Jan
16%
13% Mar
11
Dec
29Va Feb
Bay & West RR—.——100
Green (H L) Co Inc..,—
1
6,800
32
32%
457/a
4'A ,irj.
137% o )
20
10
23% May 29
Steel——No pat
Co—
i
—10
...
^20
preferred—
Preferred
800
;
11'A
4'A
5
No par
Union Co—
"
4%
Jan
24'/a Jun
113
41% July 17
Green
'
Jan
108% July 14
Great
4.000
40
.
79'/a
8
Great Northern Ry
58%
47%
„
20
'
Feb
55'A Jun
9
•Great
14,600
23%
152
*53
25%
10
9
11
Grant
151 »/2
23%
23%
*151
5
July
4'A Jan
Granite City
24%
60% Jan
59
July
91
Feb
200
25 Va
Jail
Dec
1,000
24%
19'A
9
Apr
8'A May
Dec
3,700
25%
14 Va
Jun
83%
9%
5,500
Nov
23
25% Jun
Jan
108
—
14'A
31%
Sep 17
23% Mar
4
Jan
24%
14 Va
Oct
Mar
Nov
56
33%
14
%
25
9%
14%
14%
107%
Oct
33%
14 Va
Apr
Apr
101
4
59
15
9% Jan
60
1% Jun
90% Jan
5%
10%
Jan
109% May
% Jan
82
Granby Consol M S &. P—
*24
Jan
27
Graham-Paige Motors—
9%
5%
Sep
Aug
i\
Nov
Jan
200
33%
3%
89 Va
.
Jan
14%
Nov
conv
Grand
Jan
3 '/a
'A Mar
25% May 20
83
$5
July
30
"
preferred—...—No par
Gotham Hosiery—
—No par
Preferred
100
1,100
128
10% Mar
13
2'/a May 10
112% July 15
9
Apr
13% Aug
1% May
13
3,900
24%
Nov
112
122
6
18
20
4,600
9%
•*33'A
2
Nov
39
5% preferred—.
...—No par
Goodyear Tire & Rubb—
No par
4,900
7%
Mar
*104
131'A May
45% Sep
3%
24%
152%'
x35%
46
2
12
15»A
*24
24
;
36%
Dec
13
/l'A
l'A
1%
'
6%
44%
1% Jan
3%
46%
11%
'
Jan
73% Sep
15'A
*11%
11%
>4 '
30
24% Jan
3%
20%
20
11%
4
July 13
Telegraph Co
100
——No par
(B F)
15%
46%
46%
20 %
■/ u%
>•
3%
■
56
Jan
Brewing' Co-.—.-—...—1
3%
l'A
'.
4,
14
14%
25%
58%
*58
46%
20%
11%
x23'A
Xl52%
58%
46
11%
23%
154
154
58%
,
Oct
Feb
—1
——
*14'A
'.1%
15
15
24 %
14%
*152%
87
131%
6
3% May
6
97'A Aug 25
(Adolf)
Gold & Stock
500
37%
Co
Goodrich Co
5,800
103%
preferred
tGoebel
40
41%
preferred.——No par
——No par
'
14%
*130
15
x9%
33%
24%
20 "4-
*3%
3%
14 'A
*33%
9%
934
33%
*24 V*
*45%
•l'A
1%
*
4
'4
*15
&
.—No par
(The)——No par
4%% conv preferred.]..
50
$6
Gobel
4,200
'
•"
Apr
Safety Razor..——No par
Glidden
"
-
..——.—100
Rubber (Co
5
preferred—
116'/a July
1% Jan
102
Apr
i
1
preferred—No par
Mar
64%
24% May 29
8'A Jun
8
Telephone Corp.,
20
Instru Corp..—:_No par
conv
61
122
Gimbel Brothers
1
21
25
par
.10c
Oct
Jan
Juiy 23
13% Jan
Time
$5
300
107% Sep
30%
40 '/a
137
Equip Corp—No par
Gen
2,900
1
Nov
Apr
Apr
% May
6
Nov
eVa, July 23
General
Tire
2% Apr
132
Dec
Apr,
111'A
23
*
2
General Refractories..—,——No par
4,900
7%
4%
118
General Shoe Corp—
General
119% Sep
v
7
Signal—.No par
preferred—1
—100
Realty & Utilities—
1
pref opt div series——No par
Gillette
22%
19
Railway
6%
2l'/a
x23%
Jan
—No
Apr
1
17'/a Jan
preferred
$6
120
3
125% Nov
...
General Printing ink—
Gen
4
par
—No pat
No par
A
...
400
11%
Dec
128% Nov 30
.'.—-No
Adv
Gen Precision
2
44'A July 15
39% July
2
13
9
Nov
;
7
500
70%
140
July 28
83% Jan 14
100
—10
Motors Corp—
1,300
20%
Apr
2% July
5
44 Va Jan
preferred
Outdoor
6%
1% Aug
148
2
'
93
No par
preferred.
Jan
113% Jan
preferred series A-No par
conv
Gen Steel Cast $6
84
*82%
*82%
18%
'47
*69
70
11%
83
-
7%
7%
70
'11%
83
18%
a.
7%
70
70
11%
1
83%
83 Va
*69
12
12
7%
7%
7%
69
69
M
12%
12'
20
19%
*19'A
$6
70
115
34
'
' 7 '/a
.
69%
*69
19
*110'A
,
30% Jan
No par
32% May
5
20'A Jan
130% Jan
Corp
640
•,
9'A Jun
12
106
Aug 23
151
Jan
Feb
300
19
Nov
Nov
Common
3,100
21%
*17'A
5%
21%
$5
1,300
*21%
Jan
3%
Apr
Gen
'4,000
19'A
3
16%
Gen
21%
,
Oct
20
14%
Feb
9 'A Jun
4
Jan
2,200
85%.
46%
104
90 »A
2,000
22%
Sep
Nov
1%
1%
Mar
35
51
66%
21%
50
Nov
98
2
107
4
1
7'A
Apr
Aug 31
29
Jan
Mar
Deo
Jun
Jan
134
3%
Oct
Feb
98'A May 19
$6
113
*17%
19
25
3%
10'A
53
Feb
5
Gen Public Service—
*21%
20
*19
20
19%
20%
20%
*
115
1 l'A Oct
4
51
71% Jan
General
900
18%
*110'A
2
3%
108
21%
115
1.
26-
53% Apr
9%
5%
2,400
*21%
*110%
6% Jun
14% Apr
Sep
Sep
1,300
19%
•18%
115
*110%
115
*110
113
113
■
86 'A
Jan
6%
General Mills——
600
14%
15
85 Va"
85%
21
Sep
Jan
8'A May 19.
r
"
■
May
2'/a July
8 '/a Apr
2%
2%
18% May 20
600
A
85%
21%
21%
*14%
14%
1%
A
113
47
1
*14%
.
*112
45%
21'A
21%
21%
'•
20
113
45%
1%
1%
1%
•'19%
*112
113
113
114
"
20%
20%
20%
120%
20%
20 Va
16
5% Jan
No par
$4.50 preferred—..—.—No pair.
Gen Gas. & Electric A
No par
'
*110%
Jan
30% July 13
15
6% Jan
...
General Foods
24,300
128%
*105
11
2
220
50%
128%
*36%
6%
6%
108
*105
5,100
■
131
36 'A
50%
19
Sep
4
80
180
105-v'
128 Va
*4%
5
19
108
*104
108
*104
108
*100
4%
'
19%
19%
19%
19%
5
36%
Jun
7% Jan
18,800
2%
36 'A
50
128
36%
Jan
8
2% Jan
A
General Electric Co..
6,500
116 :
•
128'A
50%
50
37%
230
22,400
•
*36%:
1%
l'/a
1
4% Jan
Class
:
•700
37
42%
131
128
128
128
36%
42%
'
120
v
130%
50%
50
128%
35%
37
116
2%
2%
117%
131%
*131
■"
37%
41%
10
4% Jun
14% Oct
No par
7% cum preferred
•—
100
General Cigar Inc.—
No par
fi% preferred—.——100
800
146
42'
36%
41%
'
.
26%
*25%
*145
146
Jan
Nov
Corp———_.__5
General Bronze
General
-
■
81
81
25%
25%
*145
37%
102
102
11%
80%
41%
117
*115%
11%
: 146
18
97
Cable Corp—_——No par
1,000
2,900
'A
80%
36%
2%
6
4%
41%
116
.0
4%
37%
2%
*6'A
6 Va
3,700
141
*11%
26%
*145
Apr
Apr
37
_—
Gen
3,700
'
7%
7%
4%
41%
■'
-
,141
11%
36%
2%
*
6 'A
:
,
•
:■. 4%
NX
37%,
40%
■'
i.
145
*
15%
85%
102
preferred—
No par
Amer Transportation-.,
5
General Baking———
5
$8 preferred
No par
$6
42
81%
81%
4
*141
10
11
Jun
May
38% Jan
Aug 23
12
51
—,—No par
Gen Ainer Investors
1,800
107
'
11%
12
11
12
7%
7'A
6
4%
6'A
4%
82 3
V "41'A
80
11
*106'A
41
'
145
8
145
6%
■l
107
40'A
7%
7%
7%
7%'
*141'A
1
*106'A
41
*
7%
7%.
7%
145
*141%
10%
10%
*10%
107 V
39%
40%
45
Apr
9% Jan
Gaylord Container Corp—.—5
5%% conv preferred—.-^
50
700
13%
*50'A
11
10%
107
40
;
10'A
Oct
4'A May 17
11
1
Wood Industries Inc
Jun
"
13%
51%
Feb
5
Jan
3
Nov
27
110
6
par
.—No
(The)
Co
18'A
Sep
38
2
9'A Jan
„
Jan
Nov
21
11
1% Jan
20
—--1
preferred—.
Jan
Jan
Dec
12%
28
Sep
3l'A Jun
2
12
No par
cl A—
(Robert)—
Inc
Co
42
136
38'A July 10
30
Jan
17
11%
Apr
May
14%
1
May
-'75
96% Jan
-1
Co.
114
12
14% Oct
16
30'A Nov
10
9'A
4
Jun
5%
36% Mar
Sep
27% Mar
8
19% May
8
Feb
50
8%
7
51 Va Dec
3
Jan
28
July 15
13% July
5
—
"
13%
*50'A
•
*10%
107
40%
40 %
40%
9% July 15
50
,
16% Jan
Gamewell
30
4'A
9'A
July 29
36
22 Va Jun
140
6%
*
4'A
2
109
7
7
Gair
Feb
7
12
Gabriel
Dec
NOV
39%
11
10'A Jan
200
105
25% Jan
Corp
Trailer
7%
15% Jan
5% .conv preferred——-—100
4,000
•v
24'A
*23'/a
r
13%
*106'%
11
*106%
■
107
108 %
Apr
.
97% Jan
Corp
Machinery
Fruehauf
700
2.%
"2%
51%
:
*50%
Apr
29%
39'A Feb
60
'
SI
87%
16
39% Jun
.
par
"
13 %
*13%
Dec
26%
Xll6% Nov
900
12% ; 12%
4%'
4'A
28'A
109%
•
par
Freeport Sulphur Co—.
3.200
2%
2%.
2%
..
4%
4%
2%
*2%
:
100
30%
28
12 'A
■' 24
Dec
,43%
Jan
_No par
6 %
prior preferred—25
Francisco Sugar Co
——No par
F'k'n Simon & Co Inc 7% pfd
100
5,400
14%
*108%
109
5
Corp
$7 conv preferred
68
30%
:
29%:
\
109
.
*2%
.
14%
Apr
13%
112% July 12
6
31'/a Jan
preferred-;
Foster-Wheeler
600
,20%
*58
3
24%
24%
Apr
29%
July 15
43
10
—10
Food
1,400
117
*.*19
Steel
conv
Food Fair Stores
200
12%
-n*:14'A
13
*12%
Jan
No par
1,000
51
14%
68
2%
2%
87
104% Jan
Florsheim Shoe class A—
15%
20%
13%
*53
2%
.
Nov
100
—No
5%
*116%
2%
3
74'/a
—_No
(The>_
500
12%
117
3
v*2%
98% Nov 22
par
preferred——
Florence Stove Co
5i
■
$4.50
400
46
*45%'
46
*19
14
108%
8
No
series A
Stores—
24%
5%
6 %
>
*45
2,300
|
National
34'A
X24%
.
preferred
First
107
3 4'A
34%
6%
1,500
•1,000
19%
19'A
19%
108%
Jan
107%
*116%
*28%
18 Va
34%
*105'A
60
109
Apr
*104%
15%
29%
>
109
109
11%
35'/a
35
Dec
25'A July 14
12% Jan
1
Corp
Jan
78% Jan
.
Enamel
Jan
2
104%
•
93
24'/a
Jan
15
2
lo'/s
30%
Feb
Sep
19% Dec
28...
5 l'A
31%
30%
4'A
19% Jun
*33%
117
19%
Jun
50% Jun
15%
13%
3
8
*50%
60"
6
14
*12% '
13%
6'A Apr
27
15%
68
13%
*58
68
;
30%
23
*108%
14
13%
13%
•66
4
•
"
*13%
*58
3% Jan
Jan
13'A
*116%
117
*116%
117
*116%
—,
25% Jan
51
50%
*15%
13%
42
19
44%
*12%
15%
Apr
10
'
15%
8
Firestone Tire & Rubber—
6'A
44%
13%
x51
13%
*50
"
6
6%
44%
25
Fidel Phen Fire Ins N Y—„$2.50
107
25%
44
17% Oct
Ferro
18%
35%
25%
25%
%,
45
45
46
18
3,000
*105%
*25
Feb
1,500
19%
*34%
5
13
69%
35%
107
*105%
'
t
5
1,800
'16%'
*47
"8~'A Jan
29% Apr
16%
*
Jun
19% July 13
105% July 27
39%
39
34%
34%
25%
,
*6 Va
6%
6V4
19%
19
107
35%
35 y*
26
*25%
*45
104
*103%
35%
19
*105
19%
18%
19%
107
*103%
36
36
6
2
7
48
.'
*47
47
Jan
17
Jederal Motor Truck
No par
iVederated Dept Stores——
No par
4V4%
conv
preferred——100
■
-■
Jan
29%
Jan
86
39'A
35'/a
'
37 V4
Jun
18% Dec
15
No par
& Traction.
preferred
Federal-Mogul Corp
6% Jan
Apr
19
May 27l
1
llVe Nov
104%
104%
35%
35 %
590
95
*94
*16 'A:
IS
39
104%
106%
34%
;
34%
34%'
."
Light
27%
28
39%
16%
16%
*46'/a
38%
*104%
105
105
"
22%
'
'
*4%
93
93
38 Va
46%
17%
4%
■
23
*22%
46%
16%
46%
17%
4%
4%
4%/
*92%
23
23
*921.4'
17%
*17
17%
4% •;
$6
102%
'
'
'
*17%
29
29
Mar 26.
42
Nov
8% Nov
21
2
Federal Min & Smelt Co
*101
14
"Xl4
102%
15"
103'/a
9%
18%
15%
*101 •.
15%
*102%
104%
*103
104'/a
:
9'A
9% V/' 9%
9%
9%
9%
•
*14%
*103-
30% Nov 30
Fajardo Sug Co of Pr Rico-__—.20
Farnsworth Televis'n & Rad Corp_l
18
H
*26%
29%
*36%
"16
16%
*12%
*26%
37
13 Va
*105%
108
For
*16
12%
*105%
footnotes
see
*26%
*26%'
37
16%
*16
16%
12%
*11%
12%
*105'A
108
page
2487;
108
•
*23%
28
*26%
*35%
37
*36
37
16%
16%
12
-
*105%
108
*16
*12
*106%
16%
12%
108
*16
*12
•106%
Water—.—
—23
preferred class A.
25
Hackensack
28
37
12
.
-
28
*36
28
*36
29%
36% ' 36%
30
1%
16'A
500
Hall
12%
300
Hamilton Watch Co.,
108
6%
Printing
10
Co
preferred.
-No
par
100
35
Jun
1
12 V< Jan
5
9% Jan
18
104% Mar 13
28% Sep
3
Apr
13
38
18% July 23
15% Jun
110 Va July
Feb
19% May
25
29
Apr
35
Deo
8% Mar
13
Aug
4
8
Jun
28
95
Mar
11'A Nov
106%
Feb
FINANCIAL CHRONICLE
THE COMMERCIAL &
2482
,
•
Monday, December 20, 1943
•
NEW YORK STOCK RECORD
Dec. 13
Dec. I J.
6
6
104
101
*113%
82
*17%
"17 Va
18
*17%
18
*17%
*19i/a
21
*19%
22
*19%
21
19%
19%
*39
39%
*39
39%
39
*13%
14%
*115
116
13
13 Va
13%
116
115
115V4
115
115%
*115%
116
*iis%
39%
40
39%
8
*1%
1%
*1%
5%
*5%
6%
23%
23%
23%
1%
8%
109 Va
X63%
110%
1
.1%
1V4
Va
»
8%
15%
*39
39%
89
10%
69%
70
10
10 V8
10
6%
167%
166%
166%
167 %
167 V'4
71%
70%
71 Va
71%
..
72
169 V4
169 '
169 Va
1%
169
1%
15%
65%
64 Va
64 Va
V'8
4 %
:
4
4%
26%
169%
;
13%
66%
15%
15%
Xl4%
14%
65%
64%
64%
*63
4%
4V4
41
*40
41
*35%
36
13%'
—100
—
Preferred
120
■
15
29
*29 Va
30
*12%
13%
28 Va
86
2
20
28%
15%
*14Va
28%
29
12%
12%
*12%
28
28Va
28%
*106%
107
83
126
*80%
100
*80%
86 Va
*123 %
*80
20%
20%
20%
20%
20%
20%
20%
20%
20%
551%
55%
55%
55
55%
55
55%
55%
67
66 Va
66 %
65%
66%
65
65
65 Va
66
10%
10
10
10
10
10
10
Va
9%
.
Jan
Feb
Apr
10%
,5% May
109% Mar
151%
5%
Mar 29
6
Jan
8
Jan
Jan
24
74% Jun
28
40
Apr
61
Dec
177% July 27
147
May
166
July
•
%
4% May 10
Juiy
5
19
Mar 25
3
% May
8
67
July
2
38
Apr
12%
Dec
57
Dec
4% Nov
6% May 11
5
1%
Apr
5
24%
Apr
126%
Jan
7%
Dec
15%
Jan
43% Mar
60%
Jan
36% Apr
Nov30
Dec
% Jan '
V
138
6
2
,
-
July 14
17.
14% Dec
63% Nov
1
11% Jun
2
30%
Oct
Dec
136
"
11
44
39
28
Jan
4
38% July 26"
36
Jan
7
55% Dec
102 Va Jan
15
Oct
,3%, Nov
Oct
463/4
Jan
48 %
Feb
32,
Feb ./.
30%
July 16
Mar
1%
71% July 12
'39
3% Jan
4
37% Jan
•
11
'
Apr
5
13!
■
115
July 14
26' /May
26
May
94
39%
May
104%
Oct
Oct;
lVa
Jan
7%
Nov
2
Jan
7%
Nov
21
111% Aug 26
6% Jan
7
16% May 10
6% Jan
7
16% May 10
'
6%.
Jun
10%
Nov '
88 %
Apr
95
Jan
2
7%
Apr
11
-1
1
27 % Jan
5
32% Apr
3
24%
Apr
32 3/4
Jan
5
145% Jun
10
18% Sep
,——
135
9% Jan 12
Feb 19
99 Va Mar 30
-70
Jan 21
1
AV*%[ preferred'-———100
No par
100
—
16% July 8
34
July 14
26
-No par
.
.
109% Aug 19
92% Sep 27
Dec 13
136
78
Aug 16
19Va Jan 7
54
Nov 9
79
125
64% jan
8% Jan
July 21
Aug 28
26% Apr 6
65
Apr 5
82 Apr 6
123/* Jun 25
8
4
127
Apr
5% Jan
18% May
85
May
—
May
Dec
Jan
Nov
10% Nov
33'/a Jan
_—
17%
53 %
61
7%
Dec
138
50% May
122
Jan
May
Aug
107% Jan
73% Dec
129
Nov
243A
64
79%
11
Jan
Jan
Jan
Jan
13%
Dec
K
*123%
20%
*123%
126
6'/a
6Va
21
■;
19
19
20 %
19
13%
*13%
13%
13%
103%
*103%
103%
103 Va
*16%
16%
16%
*
19
Va
*13%
20%
19
*30 Va
4
4
*49%
22%
22%
*311/4
23
23%
11%
*64
65%
.28%
28%
4%
1%
4%
1%
16
23
6%
'•T
■
X6%
31%
*28 Va
6%
28%.
32
31%
.
.
;
3,200
31%
11%
*10%
11%
11
11
30
Laclede Gas Lt„ Co St
65
65
*64
64%
65
65
70
28 Va
29
*28%
28 %
28%
28% "...
17 V2
Louis—100
preferred——Lambert Co (The)_
11%-
*10%
,
*17
171/a
*108%
"
17
Va:
*17
17%
*17
36 %
■
36%
37
37
37%
22 V4
22
22%
22 Va
22Vt
*108%
112
300
112
*109
112
*110
Lane Bryant——
500
37%
22%
2,300
Lee Rubber & Tire—
2,100
•
30
112
100
>5%
Lehigh
4%
.No par
.....No par
—,--5
Portland Cement——
conv preferred-.
;—
1V4
1%
1%
1%
1%
1%
15%
15 V 4
15%
15%
15%
15%
15%
15%
1,600
30 Va
1,900
Lehigh-Valley RR—
Lehigh Valley Coal
5% conv preferredLehman Corp (The)
1,000
Lehn & Fink Prod Corp——
4%
4%
13a
23
31%
22%
16%
23%
29
37V'4
13a
23
31%
22 V8
15 7a
Kroger Grocery & Bak———No par
233a
28%
22%
4 l,e
2,500
50%
*6%
6%
37 V4
112
tch"
~
16
*17
17
200
-.1,000
*4 Vs
50%
31%
38%
22
7
29
4 1/8
50 %
29
29
17
*6%
*28 %
4%
49%
29
"v$5 prior preferred—■:
—
Co—1
;„~-No par
Kresge fS 9) Co—10
Kresge Dept'Stores.
—_—_1
Krfess (S'H) & GO-!——No par
4%, "
4%
50%
23
Kinney (G R)
110
V
Kennecott Copper^-
65
*10%
64
*38
600
.
Kendall Co $6
'
4%
50%
———
400
500
.<■
.
'
*49%
4
4
B—No par Kansas City Southern-,
No par
4V% non-cum. preferred——_100
Kauimann Dept Stores
———1
,5 % conv preferred—
—:
100
Kayser (Julius): & Co———.—-5
Keith-Albee-Orpheum conv pfd_100
Kelsey Hayes Wh'l conv cl A
1
Class B
1
ser
pt; pfd A——No par'
No par
Keystone Steel & Wire Co—iNo par
Kimberly-Clark"" Corp——No par
22.400
32%
50%
400
10
30%
32%
*10%
>—»• O OO
30
*31 %
11%
*
30 V4
31
6%
22%
30
30%
31%
110
113
32%
23
'
500
13
II31/2
*31
'■
'
>
L pf
,
20
'
113
*112
19%
*28 Va
22%
*12%
1131%
19%
7
110
12%
*112
.
30
500
20%
19%
32
17
12%
"■
*18%
29
38%
13%
*19%
19%
18%
*6%
17
19%
114%
18%
31%
*37%
20 %
*12%
13 %
*113
16%
19%
*28%
'
*191/2
20
50%
22 %
28%
114%
*113
16%
600
13%
13%
*103% 103%
16%
*1614
*1.13
' 114%
*18%
31%
66
16%
1.000
30 3 a
29
28%
13%
103 Va
20%
30
31%
*64%
13%
103%
1614
113 %
28%
*11
13%
103 Va
*20
30%
4
*3%
51
7-:.'
19 %
29%
31
31
50
*6%
19%
2.200
19 3 a
*18%
32%
Va
Stove & Furn———-10
Kan City P &
6%
6 Va
6%
19
>;
18 V4
123'/a
30-'a
30
30%
18%
*112'
113
*112
30
13%
13%
*13%
13%
113
*112
19%
20%
*19%
6%
*13%
I6V2
18
*120
18
I231/3
*103'/a
a
11434
*113
115
112
112
*108
*16%
16 Va
1031
17%
*120
6%
19
13%
13%
103 Va
123%
6%
6 Va
6 Va
18%
*17%
*120
123 Va
*120
123%
6%
6%
17^4
173^
18
18
18%
*18
*
*
4%
4
4
,
3%
3%
3%
1%
3,800
4%
1,500
1V4
-
3C%
30 %
30 V*
30%
30
303a
*29%
30
29%
30 %
18
18%
18
18%
17%
18
*17%
18%'
17%
17.%
18
18
36
36%
36%
36 %
36%
36 V4
86 %
36 Va
37
37
37
38
2,100
Lerner Stores Corp
40%
40%
40%
407a
40 3
403a
4Q %
6%
40%
40%
40%
40%
41
1,900
Libbey Owens Ford Glass—No
6%
6%
6%
6%
11.200
38
38
*37%
39i%
*37%
38%
2,500
6%
6%
6%
634
38%
38%
*37%
39%
6 Va
6%
•
For
footnotes
see
page
2487.
*38
39 %
6%
"
Libby McNeill & Libby_;
Lite Savers Corp—
—25
100
50
No par
30 Va
8
•
Jun
500
10 %
23 Va
111%
18
Kalamazoo
66%
Feb
Oct
100% Aug
18.%
6
Apr
4
900
7,400
1,700
%
% July
6%
5%
7
preferred————
Preferred
•1,000
10
9%
8
1
Dec
14
Chicago RR stampede-loo
Jones & Laughlin Steel
„—rNo par
5% pref series A
—
100
5% pref series B couv—
—100
Joy Mfg Co———
1
20%
Jan
Sep
5
45% Jan
Joliet'&
56%
12%
9% Jan
Johhs Manville' Corp——
%
66%
■
,
CO
20%
55 Va
.
1,700
56
20%
55'/a
Feb
8% May
163 Va
10% Jan
Jewel Tea Co Inc——
200
126=V%
74%
J
No par
-50
Jarvis ,(W B) Co——
200
2.300
87
87
126
$6
28%
Apr
90% Jan
Island Creek, Coal
112
*107
112
86%
126 3/4
86%
700
13
Jan
May
July
54
——No par
Intertype Corp
140
*138
140
*138
100
74
177
9
8% jan
—
900
..V
29
Dec
.
20
15 Va
Feb
35
11% Jan
Teleg——No par
Foreign share ctfs
—No par
Interstate Dept Stores-.——No par
Preferred
i
———_—100
3,300
16%
Apr
153
9% Apr
20'
129
Oct
10% Sep
7
9
9
Jan
3% Jan
Oct
4%
21
28
55% Jan
Intern'l Telep &
2,500
17%
Jun*
NOV
Mar
42
July 23
38
Nov
25
9%
23%
Jan
115 -V Mar 29
21
%Jan
preferred—————100
l<%t>
120
12%
Silver——!
International
500
109
*106
109
13
*125
*80%
*80%
*80%
*14%
International Shoe-!——
1,100
35%
54%.
12 Va
17%
17%
.
.
29,500
29
106%
87 %
40
200
12 Va
28V4
125
360
12%
*12%
12%.
111
Va
140
*104%
800
12%
17%
29%
4,000
'
165
12%
*106
14%
*138
'
54%
120
12%
12%
\*28%
,
35
56%
12
17%
109
14%
28%
125
125
125
,
:*104Va
88 V4
88
126%
28%
111
*104%
111
88
29%
12%
29 V'4
29
12%
17
'
35%
*104%
140
13
*12%
28%
120
15%
*136
142
*137
142
*106
*12%
*39
35%
*54%
*106
64 %'
2%
8'Va July
Jan
International
26,400
14%
Jan
15% Apr
8
56% Jan
100
May
32%
..
78% July 24
6
162
Jan'
5%
13
1
Jan
ft Jan
6
5
100V4 Apr
6
Preferred-,-——r_--100.
Paper Co—
—15
5% conw preferred^—
—100
Ipter Rys of Cent Am—.----No par
5 6/a preferred—
——100
International Salt———
No par
330
-67%
*7%
40
55
11%
66
65
40
-
55
12
*28%
%'
35%
17.
>14%
14%
14%
.
35%
109
*106
109
40
12 Va
16 Va
16%
16%
109
40
13 Va
7 V'4
7%
64%
24,600
27%
66%
66 Vs
7%
65
2,900
•
.4%
130
13 Va
,
120
12
12%
12 V8
13
16%
109
66%
7%
/
4 Va
27
13
63%
■
-
130
55
"
11%
12%
12
12%
200
27 %
;66'/a
36
*10u
120
*106
65%
%
2
May 10
168.
5
144 >/2 Jan
—No par
————
Jan
106
Hydro-Elec Sys class A——25
International Min & Chem
—-5.
4% preferred——
———100
International Mining Corp_.
—1
Int Nickel of Canada———No par
2,900
129%
13%
63%
41 Va
•
55
55%
55%
14%
26%
13%
66 V2
:
x36
56%
10%
preferred-;
Jan
6% Jan 27
21% Jan 28
Int
2,100
129%
130
130 /
,
4V4
4 V8
,
27,
26%
26%
7 Va
*40
35%
;
129
63%
v
-
4 V4
*7
.
1%
,14%
65
66%
7%
64
64-
15%
Va
l
1%
'•
*66
v:„
^
9% Nov
Int Business, Machines—
No par
International Harvester——No par
250
Apr
86V2 Nov 29
Intercont'l Rubber——-No par
1,000
*63
1%
13%
66 y*
66%
*7
.
64
*125
30
5,600
/
1%
62
Interlake Iron——-
166% 166%
168
167
1%
129
137/b
13%
7%
*104%
169
169
Nov.
2% May 10
158% Apr 17
200
72
5%
par
par
6,400
170
Jan
.preferred———-———100
6%
169 %
71%
71
Dec
3 Va
44%
6%
X71%
170
168
71%
71%
,
Aug
11% July 12
32% Nov
'
112%"
Feb
Aug'
11% Jan
6%
6%
Oct
34%
%
No par
6
~4%
5>/a
4
*6%
6
*1%
26 Va
129%
66%
7%
*138
6%
168
*166
,
6
1%
4V4.
27%
*128%
27 Va
130'
13%
*29%
1,300
•
Sep
Apr
ik ^n
Inspiration Cons Copper!——
20
Insuranshar,"-? Ctfs Inc—
—-1
jnterchemical Corp-!
-—No par
400
8
34
*110
110%
110%
6%
15%
15% '
15
■'
6%
6%
*64%
1%
15V4
13
* 7 Va
32%
■
32
106
May
237/8
"'
1%
16%
/
8
*7%
.32
1 %
15%
3107
114
*6
6%
12%'
7%
31%
Dec
29% May
May 6
19% July 24
"4,900
44%
2%
13;
3,400
Apr
Feb
Apr
Jan
No
Nov
Jan
—1000
Indianapolis Power & Li....No par
i——No
11%
4% Jan
,
ctfs series A
Co—
Oct
Jan
96
IT
1Q% May
6%
39%
16%
10% Jun
48:
Inland Steel
38%
29% Mar 30
31% May
Ingersoll-Rand_—
Feb
Oct
Jan
■\"2% Jun 18
% Jan
4% Jan
——1
Rayon—-—
Dec
Jan
115
?2% Jan
Jan
Industrial
Dec
30%
5
t
41% Apr
4
Dec
"
8 j Jan
10%
9%
10
9%
20% Jan
7%
18%
Jan
8%
!68% INUV
1
Dop Nov
J
9% July 13
i:
'
Nov
21%
„
37
71
70
70%
69%
10
*110%
6%
6V4
*104
69%
MarlO
59% Aug 31
3% Jan
2
Nov
27
157.% July 30
11#" July 12
18 Va Jan
1,500
89%
2
6
Dec
17
29%
Jan
12%
20
175
15
Mar
110
July 2
July 22
Central RR Co——.—.-100
RR See
162
*156
162
Jan
105
6 %
500
39
89
89%
89
'
*6V4
6%
*54
3,100
39 %
*38%
*156
7%
112
112
6%'
6V4
35%
15%
8
15%
*38
42% Sep
.4of
5
44
*
•
*6%'
*40
39%
89 %
162
31%
6%
64
8V4
160
75s
9
'
9% Jan
11
14 %
8
5
22
preferred series A—100
Leased lines 4,%—-——100
590
15%
9%
7%
6%
.
43 3 4
7%
,69
32
6%
27 Va
43 V*
15%
39%
10 Va
7%
113
113
114
10
43
8%
*156
<
69%
31%
31% :
31%
•
•V
8
*7%
8
31%
69%
70
69 Va
'
Illinois
500
15%
88
162
.
Mar
12% Mar
July 12
Apr
12
Min &-Sm Ltd,
-No par
Car————No par
5,800
10%
24 %
Jan
Co,„No par
t c__
25
.—5
Hupp Motor Car Corp
10
31
36% Jan
'
fa Manhattan—
100
preferred——100
4,300
1^%
173
115|% Jun
8
Jun
Hudson Motor
"
42%
Jan
6
Jan
7
12% Sep
115
non-tcum
Hud Bay
5,300
2,500
23%
10
15%
39%
*156
42%
5%
25
9%
•
*24
*7%
;
88
88
165
*157
-
24%
42%
15 V'4
39
39%
.
88%
88%
165
.
24%
■*
8%
8
15%
15 V'8
15
10
9%
42%
*128%
1%
lVa
42%
4%.
8%„
23%
1%
43 Va
*65
23%
*1%
*42%
169
23%
Hudson
100
6%
1%
44 %
71%
23%
Howe Sound Co—
100
•
1%
*5
lVe
*42%
*166
23%
*1%
1%
10%
*112
6%
8%
25
*7%
1%
*5 Va
8%
10 Va
*31 Va
,*l'%
8%
25
,
1%
6%
8%
10%
15%
3,100
7%
31%
.
Houston Oil of Texas v
111,600
7%
31%
8%
25%
39%
7%
31%
7%
7%
31
Houston, Light & Power
"1,200
31%
8%
10%
102 Va
38% Jan 21
(Del)
10.
(A)————--5
■Class, H————————No pgr
Household Finance—-—-—No par
5% ' preferred!-——11 -—-100
20
:
63%
8%
*24%
*88%
63%
1%,
%
10 Va
*157
*
110%
*63 Va
8 Va
26
8
*109%
63%
*5%
•
24
*25
10%
110%
*1%
6%
23%
24
52%
1,000
8%
9
1%
*
Oct
Dec
79
25% July 13
40% July 2
7%
2,300
1 %
4%
1%
5%
13 Va
52%
7%'
75% Dec
Aug 16
18
Houdaille-Hershey cl A—No par
13
31 Va
Feb
1181
5
16% Jan
300
52%
8 Va
Apr
Nov
134
48%
(C E) The—-1
Holland. Furnace
'
13
,.31%
51
125
Oct
Feb
14%
% Apr
30% Mar
■
J 21% May 10
9,700
39%
42
X42
23%
7Va
31%
42%
52%
31 Va
8
7%
31%
39%
39%
52
63 V8
Dec
158
Apr
July 14
'
preferred—————
100
Hoipestake Mining-.-.
..—12.50
12%
63 Va
Jan
58%
lit
.
6
100
?
52
*109
110%:
63%
l7/a
94%
10
136 % Aug 26
9
Jan
Jun
Apr
May
141%
9
16
Jun
2
87f
5
14
100
Mar
14% Jan
Hollander & Sons
13
52%
52%
*109
63%
%
45
; 23% Dec
Jan
Jan
Holly Sugar .Corp—_—No par
12%
13 Va
13
73
49
May
8% Nov
79%
,
Co———10
800
43
x
8
128% Dec
—No par
900
-
1
*41%
43
*41%
38%
42%
39%
167""
12% Jan
—No par
& Pauch Paper
Hires Co
300
13 %
53%
32
7%
32
*13
110%
63
63%
*
13%..-
13 V4
52%
110%.
63%
*13%
13
110%
53
53
*109%
13%
13
42%
13%
*41
:
41 %
13%
13
40%
39%
41%
39 Va
13%
13
116
*115
'
39%
39%
5
152
88
Jan
5 % May
•
Jan
56% Jan
16% jan
Jan
Dec
146
4%
Apr
3% Mar
3,% May 10
110% July 23
,7li Apr
2
2
93% Jan 20
Apr
80
Jan
104
Apr
12%
11
6
l%Jan
25
—25
preferred—100
cum
/Hinde
100
/
,*39
13%
?9 ;
13%
39
13%
13%
*13
13
39
'
1
20%
*19
13
39
'■'f.
.
_2
-1—
98
*126
V10.% May 28
14
Highest
I per share
i
.200
17%
17%
13%
13%
900
„
■
$ per §hare
*.7j?/a May 29
Dec
preferred—
—100
Hershey Chocolate———No ppr
$4 cony preferred—
—No par
6%
115
20
*1914
1
• ;
.•
,
Hercules Powder.
"1,300
63
6
1095% Oct
Jan
1
'
Motors—
Hercules
{■•' 160
*62
»113
18
18
18
83%
86
(G,W)„
7%, non-cum
-
..
16,200-
129%
*129
63%
70
■
*
■ ■■
Helme
100
,1
.
23%
83%
115
*113
18
13
23%
,83
390
\
.
164
22%
129%
61%
64
" 115
115
*160
82
*129
*63%
*113
*114%
115
*114
115
64
163%
'21%
22%
129
81%
129
:
63
63
100
Hayes Mfg-Corp—
Hazel-rAtlas Glass Co-
6,600
2%
107
63%
162
167
21%
81
129
*63%
65%
65
64 Va
64%
130
*129
21%
80%
128%
80%
80%
80
129
21
21%
21
21%
21%
80
129
*163%'
166
166
168
168
"163
2%
10$
414 Jan
-1
A—
preferred—
1942
Lowest
107% Sep 13
^18% July 6
144.% May 14
6
Feb
135
100
Hayes Industries Inc
700
6%
8
6% %
20
■
Year
Highest
$ per share
6
13% Jan
par
'
j
106
*62%
64%
6'
2%
.
X105
107%
*62%
64%
2%
2%
2%
'
No
preferred———%
Hat- Corp pi Amer class
'800
6%
105
*102
6%
*6
6%
*105
106
*62%
'
6%
%
2%
2%
105%
64%
*62
62
62
2%
105%
105%
6
105%
2
2 Va
2
105 %
6
6Va
6V8
6%
*6Va
HafblsonrWaIki Refrac—
,6%
99% Jan
Co $5 pfd—-No par
(M A)
Hahna
30
'
i.
I per, share
PQr
3,200
142
*5%
6%
105
*102
105
*102
105
*5%
6
*5%
6
*101
101
*136
142
*5%
6Va
•*6
"100
*136
142
*136
Lowest
.
Shares
106 Va
16Va
16
16%
15%
16%
142
*105%
106%
*105%
106%
16
16
*136
142
*138
142
"138
*105%
106 %
16
16%
16
EXCHANGE
Range Since January 1
NEW YORK STOCK
the Week
f per share
$ per share
f per share
.Sales for
Dec. 17
Dec. 16
Dec. 15
share
*105%
105%
105%
106%
16,
15%
f per
# per share
f per share
*105 ft
Dec. 14
Friday
Thursday
Wednesday
Tuesday
Range for Previous
STOCKS
'•?
PRICES
LOW AND HIGH SALE
Monday
Saturday
50
1
5
JNo par
par
—7
5
*12% Jan 19
122% Feb
5%
19
7Va
83
Jan
Dec
Jan
Jan
11% Jan
103% Feb
14% Jan
8% Jan
2
2
13
6
2
2
1
2
4
102' Jan 29
28% Jan 7
15Va Jan 2
25
Jan '7
1% Jan 13
34% Jan 12
-■ 18% Jan
2
2% Jan 11
23Vs Jan 4
19% Sep
127 Aug
10% Apr
29% Apr
17. Sep
104 Nov
17 Sep
115 Dec
24V2 May
16% May
17% Jan
11% Jan
26% Jan
20
Jan
107 Va Jan
2% Jan
IgJan
11% Jan
24
Jan
14% Jan
23% Jan
31
Jan
5
Jan
30
Jan
6% July
583/2 July
24V4 Sep
10% Apr
32% Sep
32% Nov
4
4
7
7
9
8
6
13
12
20
13
11
11
113 Apr 21
35% Apr 8
20% July 15
34 July 15
24% Feb 26
9% Jan
35
Jan
23
,
26
29
22
3
30
6
16% May 21
73 Oct 19
29% Jun 7
19% Jun 18
27
39Vi Oct 30
4
29 July 17
27
120 July 20.
2
8'/4Mayl9
2
2% Jun 1
6
-20 k Jun 5
12
32 July 14
6
22 k Jun 26
8
38 Dec 17
12
43% July 15
2
8% Jun 17
4
41 July 26
5
Feb
117
Mar
124
Oct
Jan
7%
Oct
16
May
29%
Nov
6
Apr
11%
Feb
Dec
100%
Jan
2%
81%
Jan
11 Va
93% July
103%
Dec
14 Va
Dec
7
Sep
10%
Apr
4%
Jan
9
Dec
Jan
May
105%
26%
Jun
37%
11%
15 Va
Dec
24 Va
Apr
Jun
29
Jan
1%
Jan
2%
100
30 %
17
2 Va
Feb
Sep
40%
Feb
Mar
22%
Jan
Jun
3%
Jan
19% May
22 Ya
Apr
7 Va
Apr
21 Va
Apr
li% Jan
8% Mar
15%
Jan
Apr
18% May
27
129 Va
13
Jan
Jan
May
41%
Sep
18
Dec
11%
Dec
'28
Dec
23 Va
2%
Jan
Aug
113
Jan
Jun
4
Jan
Dec
104
1%
Jan
8%
Jan
15% Aug
17%
Apr
25
Dec
11%
Apr
14% Aug
18
Apr
26%
Dec
Jan
33%
Dec
4
Mar
5%
Jan
20
Mar
20 Va
33
Jan
Tuesday
Dec. 13
Dec. 14
Dec. 11
63%
63%
,
64
172
38
20
27%'
*27
27%
27%
*27
'
27
27
37
38
39%
38%
39
39
36%
36 y4
36%
*36»/4
36 3-4
363%
37
193/4
20%
19ye
19%
19%
19%
19%
19%
20
20%
19%
19%
.*19%
19%
'20
:20%
*20
20%
Lion Oil Refining
1,300
14%
27,900
,8,200
Loew's
14%
14
14%
13%
-15%
14%
14%
14%
14
57%
57%
57%
573/4
58%
57%
58% "
X56%
573/4
57%
43%
43%
43%
7%
43%
43%
43%
43%
.7%
.431/2
441/4
,7
44
•'
.28%'
28 %
*28'% v29i%
17%
17%
•156%
1563-4
■•203/4
20%
7% '
7%
7%
29
*28%-
29
167%
16%
156
'
17%
21'/4
68
68%
68%
28%
28 Va
16%
17%
7
•
'
•44
7
"
■
157
*156
157
•
17
,
500
156
156
.
5,800
:
-
40
,
'
•
%
21
*20%
*68
68%
>25
■
■:25%
,
1
20%
>20'% ■
/ .67%
68
68
,/
500
1
Louisville &
MacAndrews
1 25
:. ;. 25
■'
25
*138
*135
*135
>32 %
32%
32%
27%
27%
27
46
15%
>295
18%
-6%
.
18%
*17%
2%
>2%
*17'%
2%,
5%
5?/4
12%
12%
27%
14%
14%
143/a
143/a
14%
14%"
16%
15%
16%
•v.
37%"
20%
53
*170
53
53%
15%
273/8,
*26
,
> 20%
53%
53%
*53%
4%
43/4
43%
*33%
333/4
*33%
53
53%
4%
203%
176
.
333%
1,060
Market
14%
.2,600
Marshall- Field & Co
16,700
(Glenn L)
Martin
No par
1
Co„•
20%
*170;
176
Corp—
Elec Co——
Master
Mathieson'Alkali
4,200
Wks—/No
preferred—.
1%
'
1,000
.
16%
Apr
May 27
July 20
22%
Jun
323/a
Feb
25'/2 May
9% Jan
373,0
Nov
8
44
43
21% July 27
21% Jun 26
2530 Mar 29
64'/2July24
51% Jan
6
11% May 10
31
Oct 28
21 % Jun 5
163'% July 22
223% July 19
79
July 24
'July 22
Jan
•
2
par
2
Jan
4
Nov 17
Nov 29
Jan
2
Jan
2
29
12%
Oct
163/e
Dec
24'/2
Jan
37
Jan
46%
Dec
Jun
42%
2% Mar
7%
Dec
19%
Nov
15
Mar
11%
Apr
128
Mar
Jan
16% Nov
153
Dec
11%
Apr
18 V4
Jan
55 %
Sep
76%
Jan
14'/a Dec
8
Apr
122
Dec
23% Jan
131
Jan
26% Dec
353/8
Jan
17%
Apr
21%
Jan
9'/a
15
24% Mar
Nov
13%
Jan
Dec
273A Jan
19
6
Mar 15
320
8% Jun
•12
2% May
11
Sep
5
5
4%
43ij July 14
May
16%
2%
6% July 13
Jan
*6%
11% May
% Mar
23
193/4 Apr
2
Jun
Dec
Jan
Nov
3%
Jan
15
43/4
Jan
11%
Oct
X17
July 14
8%
Apr
12%
Jan
24
May 27
171/* May
26'A
Jan
183/i Apr
7% Jun
33/8
7
Sep
6'/8
433/4 July 16
22% May
34%
Dec
32
19
25>/b
Nov
Aug
19'/a July
162
Apr
July 17
27% .Mar 26
176
Jan
2
60
2Va Jan
21% Feb
7
4
9
16
7
7
-
15%
6
May
5
37
Dec
23% Nov
31%
30% July 15
Jan 27
Jan
2
Jan
5
Jan
2
Dec
9
Jan
165
Maytag Co——
177
11% May
14% May
138% Nov
8
37% Jun 28
22
Jan 11
19%'Nov 26
—
May Department Stores
28% May 27
Jan
5
31'% May 1
.
100
—:—10
-
2,000
53%.
53
53
Masonite
300
Jan
Apr
>
l%
3 '%•
9
9%
14%
3%
Corp———No par
;
—No par
—1
Martin-Parry
2,200
Z
27%
20%
/
'.
2,700
•
4%,
3 8 "'A
.
*27
27,%
*170
r
18,500
16%
> 4%
." 38'/4
4%
20%
203%
176
*170
174
1
Midland' Corp——
5
St Ry 6% prior pfd——100
Marine
6
Jan
14'/4Jan
Maracaibo Oil Exploration—
1,500
12
.
par
25
—
—
Jan 12
Jan
10
15 '
315
3%
6V*
•
"
37% -38%
*26
■
Manhattan Shirt
'
16 3/8
16%
.
%
4
4%
373%
20%
20%
203/4
174
4%
37%
27%
27%
27%
*170
4%
373/4
4%
4%
38
r
-No
Mandel Bros
18%
12
15%
27 '/a
174
53%
12%
14%
4%
20%
20%
11%
16
373/4
.
27%
>170
12%
.
13,000
6%
12
...
3%'j
2%
-S:
53/4
14%
4%
373/4
'
12%
153/4
15%
4%
37%
3,400
•
,
7
>,2%
5%
14
14%
14%
...
Madison Square Garden
Jan
74%
164%
19% Jan
—No par
—No par:
Magma Copper_-—-—
.wlO
Mahoning Coal RR Co——
50
Manati Sugar Co—————
—1
Co Inc
Macy (R H)
Jan 11
Nov 27
Jan 13
Oct
7
/
133
28
,_No par
733/2
Apr
20»/a Jan *8
preferred———.—100
Trucks Inc—
10%
.".
..*17%
18%
2% : ;2%.
6
x5%
5%
53/4
;
7
.*10 A
*12%
'
;• 5%
12%
15 %
,
'
>:;■>■;>/;
1,000
•
330
*284
*9% -.,10%
18%
3%
5%
>15%
•
330
6% ..'7%
.
11%
*11
2%
12%
15
:*i43/8
•
-25
_10
100
Forbes————10
&
3,200
.27%
■..26%
.
is5? ,-1578
■
*284
'
•'■15%
Mack
'
6%
6%
11%
,
,
*17%
2 34
3
3
6%
.
26% >,27.
>14% ,14%
15%
18 5/»
*18
'6%
1,700
.323/4.
.32%
.
,
330
*284
*103/4
6%
11%
'
14%
>' 15%
360
*290
360
/
6%
*10%
27
-14%
14.3/4
15%-
153/8
•
26%
27%
,
*14%
14%-
153/4
6%
11%.
"18
27
.27%
*290
345
6%
>10
90
138
>38 "
.
32%
31%
32
.
'
14%
...
.
31%
32%
138
338
25%
25 %
'25%
*25
*138 1
:
32%
33
15%.
14%
•14%
25%
>25%:
par
100
Nashville--—■;
m
'
'
*24%
42 y4
31 Va
B'-e
18%
16%
148%
15%
59%
par
JVo par
Louisville Gas & El A—
-',•: 200
600
68
.
12'2 Nov 29
Jan
7
No par
Corp—No
Long Bell Lumber A——No
Loose-Wiles
Biscqit
Lorlllard <P) Co—;
7% preferred—,——L,
1,700
.173/4
.
——1
Inc
Lone Star Cement
2,200
;
'
*20%" 21
*67
68%
•
68%
"6,%
17%
*156
156%.:
*20%
20%
'
28%
28%
17%
156%
156
20%
7
7%
7%
29
16%
xl3%
15% Jan .6
par
t per share
50%
4
—No par
Liquid Carbonic Corp
573/4
14%
43%
.
50Va Apr
71
July 15
73% Jun
4
182% Aug 19
2
24 ' Jan
7
343% Jan 19
123% jan
4
Co__
Lockheed Aircraft Corp
57
22% Jan
No par
—No
Link Belt Co—
800
1,700
'
Dec
No par
Lima Locomotive Wks
5,100
37
36
20
171
No par
Lily Tulip Cup Corp__
300
'41
37%
36
100
t per share
t per share
62
Dec
1
62% Nov 30
25
^25
Preferred——.
90
Highest
$ per share
Par
Series B__^,
5,200
175
,
Lowest
s
Liggett & Myers Tobacco
1,900
65%
64%
*174
174
19%
;
20%
>20
'*27
65%
64%
*172%
37%.
36%
19%
65
172
36
38
.
*36
27%
27%
•
64
172
64%
174
*171
172
EXCHANGE
Shares
"64 3/4
63%
64%
64
64
64
Range Since January 1
STOCK
NEW YORK
the Week
J per share
$ per share
$ per share
share
Dec. 17
Dec. 16
for
Sales
Friday
Thursday
Dec. 15
.64%
64
64%
63%
172
27Va
27%
64
64%
*63%
64
172
$ per
S per share
$ per share
Range for Prevlon#
Year 1943
Highest
Lowest
STOCKS
SALE PRICES
Wednesday
HIGH
AND
LOW
Monday
Saturday
2483
CHRONICLE
THE COMMERCIAL & FINANCIAL
Number 4239
yolume 158
Aug 23
31
13
Sep
Apr
Jan
291/2
Jan
176
Jan
46%
Jan
'
5
*4%
■
33%
*333/4
*111
113
>111
19
19%
16%
16%
163%
27%
14%
14%,
48
48
48%
23%
23%
23%
48
23%
*10%
48%
*48
3%
48 34
22%
22%
,22%
24%
8%
.
10%
114%
•-
*77
68%
683%
'
*6%
27%
28%
*118
6
28%
29%
721/4".
■
U8%;
*118
.
/'••" .70
273/2
28%
V
-
*108%
"*108%
111
„
,'./5%'.7"
'
>, 5%
•■••'5%
5%
/,
1%
7 Ve >
7.%
1% :
>
7
6%
.
>29%
1%
.
''
77%,
77%:..
115
115
t
*117%
120
*U7%
120
*107
*107
108
34%
*33%
21%
'22%
15%
15%
15%
16
16
16
16
27
27
*33'%
34%
22%
■>
4%
*4 '
68%
443/s
34
34 "••■:•
213%
22%
21%
*153%
15%
15%':
26%
26 3/4
4%
21%
*76%
8%'
' "
X40%
40%
>:; %
27
27
.-
4,060
••;
3%
Motor Products
Motor
19
19
*75
1,400
2,700
Mullins Mfg Co class B———1
$7 preferred
No par
Munsingwear Inc
—-No par
Murphy Co (G C).
r—No par
4%% preferred,
———>00
Murray Corp of America————10
Myers (F E) & Bro—
No par
140
'
76
400
600
117
:
8%
8%
42
*41
42
*403%'
42
;
•>
8'%
'83%
*75
*115
'76%
117
*115
8%-
2,200
100
' v
Brass
:.V'i-/:'
1
*%
%
*%
11%
11%
11%
11%
11%
263/4
26%
27
27
27
13%
14
13%
14
13%
14%
9
9
9%
9%
20%
20%
28
14%
143/4
9%
29
14
14
2,900
93%
10%
National Biscuit Co
4,300
6,200
12»%
2,600
National Container—.
293%
11%
11%
11%
12%
11%
12%
12.3/4
*12
123/4
*12
.12%
12%
*2%
12%
12%
.12%
12 'A
12%
"12 3/4'
19%
20%
19%
20
19%
19%
19%
19%
14
14
14,;
14%
13%
13%
14
*11%
12%
>11%
31%
313A
9%
*138
*17%
17%
18%
,
.
55
29 V
6%
12
12%
*12%
*25
*251/8
253%
:
'
79
85
79
79%85
*84
>39
'
28%
6'/a
..12%
12%
6'A
25%
26
793/4
85
14%
Xl4
*20%
21%
*111
For
footnotes
*203/2
■
.
*96
14 'A
*53
>11
114
54'/a
114
54%
■'
1,600
/
22,300
6'A
56
v
'
.
.
National Supply
79
•
.
85%
,
1,800
5
3,400
Newport Industries
•
250
5
2,000
9%
*96
.
.
9
14%
.
14% '
*20'A
21
100
*96
.
2,600
15
3,700
21%
*111
54
*111
114
18%
18
18 '/a
18
12'A
12
95%
*96
9 6 3/2
96
2487.
*111
28%
29
17%
18
12
12%
96
112
28%
18
12
*53%
54
•
•—
~
—
100
121
2
*96
96'
2
300
54%
112
.
28%
18
18%
12%
12
—
3,900
590
•
»/2
11,400
96%
300
5%%
6%
prior
prior
—
,
Newport News Ship & Dry
'
96
*96
52
—10
40
100
preferred—
preferred
-100
National Tea Co
—No par
Natomas Co
No par
Nehi Corp
—
No par
Neisner Bros Inc
1
43%% conv serial preferred—100
Newberry Co (J J.)
No par
5% preferred series A
100
Newmont Mining Corp
10
79%
85 %
(The) Pa_.
$2 coiiv preferred
$5 conv
preferred
1
Dock—1
No par
Nov 17
2% Jan 2
Jan 5 /
5% Jan 2
14'/4 Jan 4
57
Jan 5
62
Jan 2 i
2% Jan 2
6
Jan
5
9'% Jan 7
16
Jan 4
74% Jan
4
37
Jan 11
27
No par
—25
National Power & Lt-.
National Steel Corp——
S'AFeb 3
8% Jan 7
15% Jan 2
162 : Jan 7
16% Nov 12
5% Jan 5
18% Jan. 4
12
Oct 3
9% Jan 4
14% Jan 2
6% Jan 13.
9'% Mar 16
x25'/4 Jan 14
.17'% Jan 15
6
Jan 12
70% Jan. 4
14
Jan 2
16D Jan 13
137
Jan 6
14% Jan 13
1-10
—^-.100
preferred A——:
2,600
25
24%
.
.
1
.
6%. preferred B
—
100
Nat Mall '& Si/1 Cast Co—-No par
National Oil Products Co
—4
2,900
.
>2 % -12% '
'
'9
*20'A
-
54%
12%
60
'
54%
page
6%:
7%
290
2,800
1
r.No. par
———
National Lead .Co
11,000
,18%
'
55% :
5
14
.
21%
100
12%
see
r
85.%,
9
93/8
18%
12%
80
•
5
28'A
18%
96%
100
14
-
.
28
18%
*96
*96
9%
9%
28%
12%
'
141
'
27%
28%
25%
.7934
*85:
.
5
283/4
29
$4.50 conv preferred
*28% ^ 29
•
,'
.
.
>■12%:;'
*25
,85 %,
5
14'A
2iya
29
•7
.
6%
12%
79%'
793/4
*85
53/8
14%
114.
*111
.28%
-
National Gypsum Co_.
70
169
•
> 140%
18
'
6,500
86'/2
20'A
>69
.
•"
17% •'•
17%
26%
.
800
> 9. 3/2
9%'
55 '2 '•/55.% >
253/4
25'/2
79%
85
*20V2
*53
140 3/2
6 '/8
•
Nat
v' 20
168% >
1.23/4
12 'A
26
791/2
85
100
6'A
Nat
.84%
55%";..
55%
51,900
.
.19% •; 2o'A
> 28%
28%
6'4v
.
12%
9
54
*52%
>
'
36
87%
168%
173/4
200
*25'/2.
/9%.
preferred——
—10
Distillers Products—No par
Enam & Stamping—>No par
6%
34%
140
V
1,300
'
9%
*96
9//4
6,900
12
•
Bond & Share Corp
—1
National Cylinder Gas Co
—1
Nat Dairy Products——No par
National Dept Stores-:——-No par
*11%'
"
28%
28%
9%
.
"•
;
140
17%
553/2.
5
100
*96
170
*139
17%
5%
21%
,
87
20'/8
*168
.
140
5%
14%.
.
.
-
.
,,
Nat
2,000
14%
14 3%
25%
.>'253/2
9%
12%
.20
19%
34 %
'
9%,
9%
14%:
*20%
20
20%
5%
5
■
88
*87
170
"55.%
55% *.'56
55%
%
19%
313/4;
'
'
.
93%
9%
19% '
14%
11%.
>1%
26''/4
*25'%'
26 'A
.
3/4
'
3i%;
311/8
87
17'/4
.18
.6.1/4
6%
.9%
>68
28.3/4
29
;
6%
140
*138
140
•
169
169
•
■
87
20%
19%
.
1693/4
26%
.
9%
14
123/4
*11%
12
31%
31
88
*87.
.20%
20%
"2&%
9%
-
88
*169
29
x26'%
9%
/
*11%
12
31'% ..-313/4
28
28
*87
14
12 3/2
i_—-100
—
£%
29
193/4.
preferred
29%
8'A
28%
,
100
:——--10
83%
8'%
:
% Nov 29
6% Jan 2
23'/4Jan 2
13
Dec 4
5% Jan 2
-10
.5
29 '/a
,
28%
,
7%
100
20
.
No par
National Can Corp„—:.—
—10
Nat Cash Register
—..—No par
*18%
8'4
83%
170
*165
8%
12'/4
Corp—
National
8,900
29%
*12
Aviation
2,500
29
8%
preferred——
10
29
8%
conv
20%
28a/4
8%
6%
300
10
19%
.
2% Jan 2
53
Jan 7 '
15
Jan 5
62
Apr 13
111
July 3
5% Jan 2
34'% Jan 12
N
20%
170
•
Dec 15
Jan 20
13
Liquidating Co—No par
10
29
8%
1,200
11
28%
*8%
14,700
93%
114
Corp—__5
Nashville Chatt & St. Louis—100
National Acme Co:—-—.—1
Nat Automotive Fibres Inc_
1—1
350
10%
*18 34
18'/4
18'A
19%
*18
*165
170
*165
170
29
1
118
Nash-Kelvinator
203%
9%
20-3/4
20%
11%
93/4
*10%
10
9%
20'/4
11%
14
9
Nabco
600
%
29
13%
10%
*10%
10%
20 3/4
%
11%
*28
93/4
*9
9%
*165
19%
*18%
19%
*18
v
170
*165
167
167
27'%
*
%
,
11%
113/4
20%
9%
20 %
9%
20
"*103/8
10%
*103/8
10%
*10%
91/8
9
9
9
113%
>1%
* %
i
%
3/4
■
27
,
753% Dec
/
Corp—,—^No par
——5
Co——.—.-——1
:
1
2
3% Jah 4
173% Jan 12
Corp_
:
20-
*19%
■
Wheel
4
68%
2
Jan
5
9% Jan 7
11'% Jan 12
21% Jan 8
27
■:
68'%
Jan
% Jan
—-No par
Mueller
3%
67%
—.r%——10
Essex——
800
:
1
16
,
643% Jan'17
13% Jan 13
50
&
900
15%
-
3
8
Feb 19
Nov 20
106% Nov 26
33 '/4 Jan 14
31'% Jan 8
Morris
'
761%
*40%
%
16 •
100
22%
/
*153/4
16
■
3%
8%
42
21%
-
-
Feb
58
preferred series C_..,—No par
Montgomery Ward & Co_—No par
Morrell .(Johni & Co——r—No par
6,600
34%
'•>; *33%
67'%
117
*115
8%
■
19%
763%
76
117
■'
6%
Oct
53%
.
12%
Oct
14
Jan
1081/4
106% Mar 31
26% Jan
2
10'% Jan 12
12%Dec 1
94% Nov 8
9% Jan
Deo
9%
Nov
39
Dec
15%
Dec
Jun
Apr
64%
7%
Jan
108
Jan
73/4 May
Oct
55
Jan
24%
Jan
27%
26
107
107
$4
50
-
26%
>
4-
19'%
'8%
,9
*41
42
*41
76
117
*115
8%
*115
76V4
76%
77
117
8%
-
40
:
43% "i, 44'%
34%
66%
66%
x
16
26%
3%
66%
'
*115
r
108 - a:
;
,Sep 30
16% May 19
Feb
23% Sep 24
26
Jan 13
5% Jan 4
18%. Jan
6
20''a Jan
7
106% Jan - 4
$4,50 preferred
No par
Preferred series B——--No par
100
■
119%
.15.3/4
15%
15%
2,500
'
21%
15%
21%'
44
43%
4%
21%
*20%
21
21
r
213/4'
66 %
'
"'433%
"*33%
116/ :
*107
■'
107
'77
.
*1173%
*114
>16
118
1,200
29
50% Apr
7
60•* Jan 15
27
Feh 9
4% Jan 2
25
Jan 4
preferred series A—
100
Mohqwk Carpet Mills--——20
Monsanto Chemical Co—a
^^-10
Corp__
Jan 13
Jan 11
Jan
3% Nov
x53'4 Nov
1%
*
■// 76%
35
26%
/.>
67
;
'
■
29s% ; 29%
'
15%
*15
4%
■ •
*66%
:
21%
Mo-Kan-Texas RR
6,200
;
1% '.'
..7%.
• 7:..
,
29%:
-
118
107
:
77%
f 114
118
108
15%
26
26
4%
68 %
>
114/
*117
*107
44%
43%
44%
44%
45
44%
22
15%
*34
114
,
120
107%
2,600
4,000
.19%
-,.;.
-'■>.">%
T.
2
94
preferred—-No par
$6.50
Mission
May
99% Aug
14
Apr
6
par
100
113% Oct
10
21
4
Moline Power ImpL——1
Minn
>6,000
/
93
*90'%
'>9
1%
.
77
107%
*117%
108
10
'
6%
29%
.
30
17% Sep
10 3/i Apr
1st preferred——_—100
cum
Mar
115'/4 Aug
l^linh-Honeywell Regu——-No par
,"'4% conv pfd series B___
100
43/4% preferred series C——100
2,200
,
.6%
/
;8%
110'
114
,,*1093%
Steel Products——No
Midland
800
9
18
—5
Co
Dec
22'/4 Aug 18
11% Sep
Copper—
—,—-——5
Mid-Continent Petroleum—
10
6,100
116.
Machine
Nov
101
25% Jun
50
1st preferred-
22
Jun
22
Oct
Jan 27
Min Trans Co——No par
&
Mesta
:
74 /' : 743/4
*106% 108
\
19%
1%
•
,
29%
78%
18
%
Miami
/
'29
xll6
>
90-
*19'%
.
1%
,7
1,500
128%
,
6'%
.•
90
29%
30
773/4
.
1161/2
.*115
116%.
.*115
78%
77%'
78%
'.•
'74
5%
....
193/4,:
,
"
.7
,/
conv
2,200
6
-
x28%
>18%.
:
'
78
v
19%
-19%
"'./•, 1%
30
29%
30 ■;
*29%
r
1%./'
'
5%"
5%
7%
1%
7
...
193/4
191/2,-
,19%
19V4
1%
.
28
.
*1093/4 .m,
*89% "91%
:
5%
Jan
Sep
76
%*May 29
110
8
28
(Thei————1
Co
Merch
100
27%
"26»%
'
5%
91%
Mengel
279
,28
■'•/..5%
*1063% >08
m
,5%
-
Jo
28,
a;72-%:
.
' ?
108
*108%
"
19
,*U8
72%:
-723/4
*1063%
> *89,
91%
*89
92%
*90
^00
2,200
■
351/4
35 3/4
283% '-28%
'
108
108%
:
8%
*26'%
:
273%''
\
27%
.
118 ]/2 :
108%
*106%
111
'%
6
29
V 118%
72
108
*105%.
v
108
108
"26
'
:
•"
6
.
*28
29 %:
*28 %
118%
•''*118
•' > 72"
72%
•
•
26% A 26 3/4
;
20
Jan
13/4
13%
Sep 29
7
36
6'% Jan 13
101 <Feb 24
6
Jan
4
673/4 Jan 9
5
'
27%
29
28%
29%
118%
,»■ 1
*71
28%
29
,
*28%
"•
35
35
28
5%
6
8%
35
;
X27.3/4
28.
27%
6%
6V8
6%
'
.
,*26'%
273/4
"26%
;
273/4
27%
27%
27%.
28
*26%
29
>27%
35
35%
35%
35
35
35
35
8'A >
8%
2,400
32
83%
104
19%
8V2
38%
14'/a
—1
6% conv preferred
—100
Mead Corp
——.—~r.No par
$6 preferred series A——No par
$5.50 pfd ser H w w.___—No par
Melville Shoe Corp
—;
___1
20
68'%
ll;'/a Jan
—1
,
Co
Stores
McLellan
82
"
31%
:
-
83%
8%
'
*67
■
31'%
,*31
31%
8%
8%/;
8%
8%
*8%
8%
"8 %
500
82
*66
*30%
31%
*30%
31
31
31%
10%
*
—1
W-:.—->00
Mclntyre-Porcupine Mines—
McKesson & Robbins Inc
11,100
114%
prefeyred w
conv
Jan
12% Jan
McGraw-Hill Pub Co——/.—No par
1,500
103%
•
31%
48
*77
*77
68%
McGraw Elec Co__
700
: 253/8
/'■■■'
8y3
8'%
82
*65%
.
1,600
14%
24%
,
.
*77
82
*65%
28%
5%
100
——
1,800
*112%
10%
McCall Corp-
113
48
,
——No par
preferred-,
No par
1st cum preferred——No par
McCfory Stores Corp
16%
*133/4
113
113 :
:
8'%
8%
8%
8%
82
*65%
*10%
10%
*111%
68%
*78-
66
65
8%
8%
8%
83
*79%
10'%
700
28
14
48%
$6
19
*111
27%
14
114%
10%
112
20
*16%
■
113
2.7%
14%
22%
-
*111
113%
*111;
*111
113
48%
.
223/4
•
10%
*10%
10%
113%
*111
■:
,
16%
,27%
14%
"
47%
.163%
$3
19
18%
14%
27%
*13%
27%
14%
>18%
100
33%
*107
112
27%
27%
27%
*14%
4%.
*333/4
33 3/4
*107
16%
*111
113
*111
113
*26%
33 3/4
19
*18%
16%
16%
16%
16%
19%
*19%
4%,
4% > 4%
112
*107
112
*107
107
107
19%
19%
-
333/4
*33%
,
107
>105
4%
4%
77
Mar
•,
Dec
72
Feb
20%
Jun
32
Jan
4%
Dec
6
Oct
22 3%
Jun
29
Oct
21
Apr
33'/a
0ct
.343/2 Apr
24
Dec
30'A
Jan
9% Apr
5
Apr
89
78% Sep 27
34% July 8
12 'A July
42
July
32% Mar
30% Sep
21
123% Mar
31% Jun
7
73/8 .Jan
16% May
76% May
113% Feb
4
8% Jun
10
July 23
25
July 13
3% Mar
Jan
103i%
Jan
108
Oct
*107% May
1H
Oct
j
1% May
4
iV Jan
11% Apr
6
1%
5
12%
92'/a Jun
30
66
Mar 19
110
h
121
Apr
29
50 / July 14
39% Oct
7
17
Jun
5
18% Apr
7
31
,
> 3%
Dec
67
Mar
14% Nov
1% Oct
Jan
4
3/i
Oct
Feb
18
Oct
91
Jan
28%
12%
6
27% Jun
593% Dec
May
May
112
May
1023% Apr
233% Apr
114% Aug 24
108'/a Nov
Jun
8% Apr
30% Nov
119
Oct
35%'
57%
98
Deo
23%
Apr
6
Apr 21
110
191/2
88i%
July 13
128
117% Feb
120
Oct
1103/4
Jan
343/i
Dec
Dec
48% Mar
Dec
29% Mar
11
Oct
Apr
12%
Nov
203% £Ug
25%
Jan
63% Jan
9%
Mar 29
Jun "3
2
Sep
Jun
25
50
Jan
63
Feb
23% Jun
26
11%
Jan
17
Dec
79Sep
22
49
7
.
77
3% Jan
69% Jan
May
4
108% Sep
11% July 19
Feb 27
30% Jun
117
Aug
44
13/i Feb
7
29
19 3a Apr
1
11% July
8
23
113
Nov
39'% Feb
Dec
3%
Dec
6 "A
Jan
Jan
31/8 July
7
Oct
293/2
163% May
13 'A May
Nov
19%
Oct
3
12 Va July 14
13% July
3%
I
11
15'/a Jun
40% Apr
176
4
7
July 16
14
Sep
21 y4 Jun 24
10'/2 Sep
9
291/2 Sep
24.
Apr
53/4 Nov
5%
Jan
8%
6 3/8
Dec
9%
May
Oct
13
May
16%
Oct
140
May
166'A
Jan
12'%
3%
11
Apr
Jan
16
Jan
20
%
Dec
5%
Nov
Dec
13 '/a Aug 23
14% May 10
~67% "Sep
21% July 23
12 3%
Apr
20
4%
Jan
15% Sep
12
Dec
3
8% May
36
Dec
17
.17% Apr
29% Sep 30
14 3/4 Mar
11% Jun
4
90% Nov
3
20% Dec
10
~9% "Dec
:
15% Aug
7% Nov
9%
Nov
26
Apr
Sep
.18
Nov
6% Dec
§0
Jan
72
11%
Apr
16% Jan
33/4
178% July 13
145
May
168
28
129
Mar
Mar
146
150
Jun
Jan
Jan
22
May 27
13%
Dec
17% Mar
36
Jan
4
293/a
Apr
36
7
>% Apr
43% May
54
7% Jun
v
64% July 14
15% May 28
2
28% Jun
4
9%
Jun
16 3/8
Feb
1
45% May
51
63
Feb
May
70
Feb
8
2% Mar
4
5
4%
Oct
9%
Feb
5 3% Mar
9%
Dec
19% July 14
1
25% Oct
98% Nov
10
17
Aug
5
573.4 Sep
114
Oct
Jan
2
7% May
Jan
6%
Jun
10% Apr
3 %
Nov
May
80% Jun
88
.
Oct
17
Dec
701% May
75%
Sep
28
Apr
39%
Dec
104
Mar
110 %
Dec
Feb
II
Jan
8
2214
Apr
30%
19% Oct 25
7%
Apr
11*-
Jan
373% Apr
21% Mar 30
15%
Dec
2o^«
Jan
6
93%
Dec
109%
Jan
102
May
Vi
jffilfl.
V
»'tfi vwf
,*
#lt
ti /r»? r.in k
Dec. 13
Saturday
Dec. 11
Dec. 11
I
S
per share
'
share
$ per
shart
< per
35
per
35
35
35
36%
35
15%
15%
15%
15%
15%
15%
15%
18%
18%
19%
58%
59%
59%
23%
22%
23
*23
12%
*11%
20
20
19%
19%
60
61%
=10
60%
23%
23%
*22%
*32
*%
131%
%
%
2%
%
%
13%
13%
%
13
13%
%
2%
%
%
13%
13%
183
122
17%
16%
17%
53%
53%
53%
53%
*52%
52%
*52%
52%
52
52%
52%
8%
8%
8%
8
8%
8%
*100%
14%
14%
112%
112%
112%
112%
18%
18%
18%
18%
*4%
4%
40%
13%
13%
8,700
110
17
23,700
52%
*100%
102
13%
113
14%
.24,400
113%
100
18%
40%
*39
17%
18%
*38%
1,40Q
18
4%
*4
*38%
40%
*39
40%
13%
*13%
13%
13%
13%
*13%
13%
13%
13%
18%
18%
18%
18%
18%
18%
19
42
42
43
42%
42%
43
44%
13%
*4
.
*39
40
40
4%:
18%
•
40%
11%
Jun
17%
Feb
31% Jan
27
74% July 24
35
Dec
51
Feb
14% Jan
5
26
10'A
Jan
15% Jan
5
May 22
4
May
2
14
12%
Apr
131% Dec
14
60%
Dec
110
Nov
1
May
109
Feb
53 % Jun
10
54
Jan
132
28% Jan
6
.100
Hartford
-1A0
Conv
preferred
tN Y Ontario & Western— —100
1
N Y Shipbidg Corp part stk
fa Jan
2
1% Jan
4
6
A Jan
4
1% Mar
12% Nov 30
80
2% Mar
26% May
38
50
preferred
101
{N YNH&
Noblitt-Sparks Industries_r
& Western Ry—
122
9% Jan
7
pfd. .No
No
192
116% Sep
Jan
11 Va
Nov
Jan
5
56'A Jun
4
39
Apr
52%
5
56
Jun
8
39
8
9%
Apr
Dec
53
14 "A Apr
Jan
6
2
85 Va
Apr
96
2
18% May
6
4
Va
Jan
8%
Jan
2
116%'July
7
100
Apr
110%
19
23% July
8
Apr
17 Va
Apr
38
ft
36
t
101
Dec
8
41%. Aug 18
6
July 22
x3'A Jan
14
31
Jan
15
8% Jan
31%
1
20
Feb
6
Apr
14% Oct
No par
Equipment—No par
11% Jan
13
29% Jan
6
7
Jan
Jan
,
Nov
Sep
Dec
Mar
*3%
Dec
34
Oct
10%
7% Sep
28
Jan
14
Jan
45
6
Jan
2.50
Pharmacal Co—
Mar
Mar
6% Mar
15% Jan
-—50
Preferred
143
108
J
4
29
107
par
Norwich
Nov
18% July 21
Va Dec
7% Jan
Northwestern
40%
Jan
23
Nov
49'A Jan
par
Air Lines—.
Northwest
30%
Apr
48'% Jan
—100
Northern Pacific Ry
Oct
Jun
15Va
July
192% July 14
5"
91
•Northern States Pow $5
Sep
%
19
2
8
Aviation-
Oct
2%
■
Jan
Va
Jan
1
North American
13
% Jan
113
50
preferred series
Jan
Mar
162% Jan
—100
.—„100
Feb
Dec
3S2
5
non-cum pfd—
North American Co——— —10
6 %, preferred series—— —50
Adjust 4%
"
23%
Jan
.23'
—5
Norfolk
5% %
Dec
12% Dec
32% Dec
7
& West Ry. Co—.—100
.
Dec
4
2
22
Y Lack
6%
16%
6% Jan
63% Jan
Jan
N
Oct
16% Jan
N.Yii Harlem RR Co
non-cum
Feb
12 Va
par
500
4%
May
—fiO
Telegraph— ——50
Norwalk Tire & Rubber—-. .No par
50
:
'
*4
*39
4
4
32%
26% July 23
44 'A May 29
•20
-No par
.No
Dock—
York
$5 non-cum preferred.....
300
40%
*39
23% May
6% Jun
27
11
Northern Central Ry Co—— —50
14,000
■
*112%
14%
14 %
112%
New
700
8%
8
8%
200
53%
52'/a
*52%
102
1,010
185%
122
16% "
17
52%
*100%
112
112
183 %
*119%
53%
8
102
14%
31%
*31%
31%
40%:
*39%
*13%
13%
18%
40%
4%
*4%
*39%
1,300
122
16%
8%
14
18
18
39
39
40
*39
112
-
6,400
%
52 %
52%
*100%
14%
112
14
14%
14
2%
V2
*52%
54-
8
102
*100%
102
*100%
102
*52%
3,800
*2%
183%
*119%
17%
17
17%
17
leys
53%
*52
M
13%
183
183%
121
U
u
*30%
32
*30%
.
400
52
52
2
12
Jan
100
preferred series A— —100
.No par
Omnibus Corp
6%
.
share
,
Highest
f per share
I per share
f per share
27 % Jan
par
N Y City
,10%
—
%
13%
122
*121
122
*121
122
%
32%.
80
3
2%
3
131%
No
1942
Lowest
,10% Jan
.No par
..
Central
Y Chic & St. Louis Co
N
200
52
%
%
'
400
*129%
51
51%
%
184%
183%
185%
185%
131
13%
*31
32%-.
',*31%
32 %
121
%
2%
•
.
*129%
1
•
51%
51%
2%
186
185
*129
%
2%
%
13%
*32
51%
14
'%
*
131
*129
51%
12%
33%
23
33%
,
23
*11%
*30%
12%
*31%
131
-8,800
•
131%
*11
132
York
900
23%
23
12%
337/a
*131
York Air Brake
New
1,600
63
*30%
2%
.
2%
59%
*11%
51
51%
51%
60
12%
'
New
20
32%
*129
*129
19%
57%
*•
18%
130%
130%
131
*130%
16
18%
60%
23%
700
35%'
15%
32
*32
35
34%
15%
0 per
Par
Year
Range Since January 1
Lowest
Highest
'•
EXCHANGE
22,500
35
15%
15%
19%
STOCK
Shares
share
34%
32%
12%
12%
12%
the Week
$ per
$ per share
share
35
*35%
Dec.. 17
Dec. 16
Dec. 15
Sales
YOWK
NEW
for
Friday
Thursday
Wednesday
Tuesday
Range for Previous
STOCKS
HIGH SALE PRICES
LOW AND
Monday
Monday, December 20, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
2484
Jan
O
17%
*42%
18%
18%
18%
18%
43'
42%
42%
42
8%
9%
9
18%
7%
13,100
101%
1,050
*8%
9%
600
18%
2,000
>31
*61
64
*61
64
*61
64
58
58
*58
59%
*58%
59
58%
58%
11%
*11%
11%
*11%
11%
11%
11%
11%
64
59
59'A
11%
11%
11%'
7%
100
32%
*61
59
58%
*61
64
•
*31
8%
32
*61
50
151
64
*31-
32%
>150
32%
*31
32%
31%
31%
18'A
18%
151
*150
151
*31
7%
101%
9%
18
18%
18
7'/a
*8%
9%
*150
151
*150
150%
150
18%
17%
18%
18%
.18%
153
*150
*8%
.
*100
102
101%
3,600
101%
7%
7%
7%
7%
9
9
9
,
104
xl01%
102%
100
102
7
7%
7%
7%
7%
100
'
37,900
8%
Oil Co—
Ohio
Farm
Oliver
(The)
preferred A
conv
1,900
59
9
7
•2%
21% Jun
2
8%
8%
8%
8%
44
44
44
*16
17%
17
17%
15%
154
Jan
15
8
18
38
' Jan
22
67% Oct
54% Jan
12
64
7% Jan
2
July
*12%
*12%
31%
31
31
40%
*40
40%
40
40
*26%
26%
26
26
27
27
*148%
4%
6147%
!3%'
3%
31%
31%
*9
10%
'
148%
*147%
'•;■ 4'%
13'%
3%
3%
3%
*9%
109%
2%
2"%
2%
2%
*43%
45%
*43%
*103%
104 %
23%
23%
104'%
*103%
104'%
.23%
23%
23
68'A ;
23%
*'57%'
60
*56%
*1%
1%
1%
30%
17%
1%
30%
17%
17%
7
'
-
30%
18%
18%
*4%
4%
21%
21%
21%
x20V2
52%
52%
52%
*53
54
97
97
97%
95%
96%
96
98
14%
13%
13%
8%
*8%
8%
2
*2%
2%
8%
2
.
J
30%.'
;
>• 13%
"36%
36%
25%
25%
*22%
25%
-
22%
*4%
51%
10%
10%
51
23
50
50%
■■
25%
*21%
22%
<
56%
56%
*
4%
4%
517/a
51%
50%
51%
10%
51
52
52
52
*31%
32%
31%
31%
31%
31
*25%
25%
25%
25%
25
25%
*24%
25
8%
8%
8%
8%
50%
24%"
v
31
7%
24%
7%
20%
20%
21%
20%
21
50
49%
50
49%
50
49%
50
89%
89%
89%
89%
89%
v
50
89%
21
20%
21
20%
21
20%
21
20% '21
24%
24%
24%
24%
24%
24%
24%
24%
23%
23
23%
23
23%
23 %
83 %
83%
83
83%
82
83
82%
83%
*107
109
*107%
109
*111%
115
*112'A
115
*107
108
*108
108
*111%
115
*111%
115
v
11
11
11
*88
93
*88
93
'•104%
23%
*104%
120
4%
5%
4%
4%
55%
57%
6
5%
%
*11%
12
11%
*163%
187
,
11%
*88
*88
5%
*23%
*110
4%
4%
6
*5%
*68
xll%
11%
*4%
55%
*5%
6
69
69
11%.
11%
11%
6
6
*67%
69
*163%
173
*163%
*181%
187
*181%
4%
4%
7%
4%
4%
4%
7%
7%
45%
*56%
45%
*45%
.
81
46
*10%
8%
11
18 Vs
7%
.
.
45%
46%
57%
10
10
*165
173
...
7 '/a
*77
57%
*9%
*165
9
9
9
88
70
8%
*66
18%
19%
9%
10%
4%
4%
81
87
70
9
11
10%
173
*67
70
*68
89
19%
9%
*57
57%
10%
18%
20
57%
*165
9%
89
*66
67%
45%
•
■
57%
173
*165
.7%
*77
7%
7%
59
58%
10%
10%
*165
9
91%
:
70
70
r
r%
19%
*18%
10%
11%
11%
Cl
9
11 %
11%
11%
*11
*33%
32
33
337/a
34
34
34
56%
56 %
5 6'/a
56 %
56%
56%
.56 %
56%
56%
57
118%
118%
*116%
118 %
118%
118%
118%
118%
13%
12%
12%
13%
13%
13
84%
85
92
91%
101%
101%
13
13%
.119
13%
57
57
1,400
*119
13%
100
120
20,300
13%
86%
1,580
92%
91%
92%
2.440
102
102%
102%
103 %
'900
110%
111
85%
91
86
85%
90%
109%
109%
109% '
110
110
110
110
115
115
115
114%
115%
115%
115%
37 %
38%
37%
38%
37%
page
2487.
37%
37%
Pond
Poor
*115%
38
550
320
115%
38%
& Co
25% Sep
26% Jun
1
90'A Jun
3
7
14
July
100
July
9
50
16
Jan
18
110
4
26
8
102
102
8
9 Va Feb
■
12,300
4
175
Jan
3
21
4
Jan
4
4% Jan
13
597/a Jan
5
168% Nov
24
Jan
13
56
Dec
8
7% Jan
2
150% Jan
4
8%
Apr
*14% Dec
79
Dec
107% Mar
110
Nov
9
Jan
6
Ve May
65
May
80
uct
30
Apr
46
Dec
1%
43
Feb
May
3%
65
Dec
Nov
Jan
19%
Oct
May
15%
~3
~4%
Sep
Oct
26 Va
Apr
4% July
38%
6%
Jan
15% May
7
7%
Apr
10% Nov
-
Jan
170
Jan
9
165
Feb
165
Feb
182
Aug 31
165
May
175
Feb
7
3%
90
10% May 11
July 8
47%
Apr
52% May 12
20
Jun
Mar 31
58
6% Jun
75
4
16% Mar 29
6
Nov
17
May
■
153
10% Dec
Dec
Jun
5%
Jan
6%
Jan
62
'33'/!
70
10%
Oct
Jan
Feb
Jan
17
168
91% Dec
Dec
Jan
153
July
17
18
Jun
July
17
70
Va
4
Jan
7
21% July 16
23% Apr
5
13
Jun
1
11'A
Jun
14%
15%
13% May 29
13
Juh
4
3
22%
Feb
40% Jun
Oct
5%
Jan
5%
Jun
8%
Jan
6 Ve
July
8%
Jan
Jun
29 %
Jan
Feb
52%
Sep
17
Feb
13
115
48'A Jan
4
58
7
123
11 % Jan
6
17% Apr
5
20
96% Oct
5
i
18%
42
114% Apr
Jan
Jun
3% May
9%
62
122
Oct
Oct
Jun
14%
Jan
Mar
86%
Jan
.-No par
—100
.
....
& Gas pfd $5
Pullman Inc..
Jun
68
2
4
Pub Ser El
7%
55%
Dec
8
14
preferred
preferred.
Jan
Jan
56%
28
18
■
32% Jan
5
30
6% Jan
1%
3
Mar 30
Jan
6% Jan
$5 preferred.
6% preferred
May
9
Jan
77'A Jun
Jan
24% Jan
of Feb 1 '29)
100
Pub Serv Corp of N J
—No par.
7% May 20
59
Dec
6
8
14% Jan
—.—1
i ser
Jan
1% Jan
.—50
pfd
7
29
C—-5
5%
May
20
'
preferred
No par
1
3
26
7Va May .3
Dec
9
3 Va Jan
18% Jan
10Q
100
Apr
Jan
6Va
40%
Jun
5
27%
76%
103
17
Feb
Apr
4
427/a Nov
51%
29% Jan
Apr
May
7% Feb
Jan
28%
98
117% Jun
7%
49
July 30
113
Oct
Dec
30
23
14
79 % Jan
Pocahontas—No par
class B
.No par
conv
30
30
21% Oct 11
20
2d preferred
Procter & Gamble
5%
Dec
Feb
109 % Jail
pt pfd—100
Pressed Steel Car Co lnc
22
91% Sep
6
%•
29% Mar 29
x51% Sep
104% NOV 29
B
Creek
Apr
2
28
Jun
Mar
4
Jan
Class A
Class
Dec
15% Mar
5
Jan
71
Bolt—.....No par
conv
Jan
4
% Jan
70
preferred—100
preferred
—100
Plymouth Oil Co.
...——5
-
5% conv 1st
1,200
101%
85
109%
sl°/a
12,400
90%
114%
see
:
30
8
Aug
2%
28
8'A Jun
15
108% Feb
Jan
%
27
13% Jan
Pittsburgh & West Va—100
Pitts Young & Ash Ry 7% pfd—100
Pittston Co. (The)..
—1
12
36
101%
109 %
footnotes
11%
5,800
91%
85 %
115
38%
,
200
101%
84%
X90%
109 %
For
.
101
84 %
114%
37%
9%
4,600
101%
92%
84'/8
91
101%
13
119
19
10
34%
11%
11%
33%
18%:
460
*11%.
-
*10%
7,300
88'A
*18%
11%
10%
8%
19%
Nov
20
24% Oct
No par
pieferred class B———100
i% preferred class A__„^
.100
1st ser
Jan
Nov
19% Jun
18% Aug 23
1%
5%%
Jan
23 Va
lO'/a July 19
37
Pittsburgh Steel Co..
60
400
,.
70
*18%
11
/.
10%
Sep
2
44
47%
26% May
14
59
~4
.
Apr
20
Jan
173
Dec
Dec
16% July
Feb
59
800
29% .Oct
60'
82
36
Apr
6
.
NOV"
25%
May
25
Pitts Screw &
Jan
18
68
,
6%
210
May
36
Jap
800
May
18Y8
41% May 20
3% Feb
3,700
11
104
58% May 20
5
.
20
61% July 14
Jan
18
34% Jan
7%
,,
Apr
Jun
27
Pa——100
,4%'
5
1%
32
Jan
preferred———*
100
& Iron Corp.—No par
$5 conv preferred
—.1
No par
Pittsburgh Forgmgs Co..,
1
87%
33%
.
Co—.100
preferred.
T%
Dec
17%' Mar
Jan
23
Pitts Coke
7%
29%
•
Apr
May
4
_——25
Chic Ry.
56 %
16% May 18
,.—100
Pitts Ft Wayne &
44
Jah
1%
6
Pittsburgh Coal of
1,100
13%
,
Oct
Jan
2Va
A
59% July 23
700
50
19 Va Apr
13 V* Aug
6
3,500
70
;
19
No par
^5
Mills
„
Oct;,
Nov
17--
Jan
34 Va Feb
No par
preferred—.——100
Flour
21
7% Sep
2,100
•
8%
19%
9
•'"
Sep
24% Sep
9
5 Va Jan 1
com———No par
Hosiery.—.
29
17% Mar 26
9
28 Ve Jan
-No par
———————,-3
& Co Ltd..
——.10
Preferred
11% Apr
14%, Oct
Dec
Dec
*01
;17%
Mar
,
IVa
6.
20
32 '/a Apr
1% Feb
Phillips Jones Corp.
Pillsbury
Jun
111
2
46% Jan'
•
'
173
*10'%
Corp.—-———^j-25
preferred-_i-50
No par
'45
6
18
23% Jan
17% Feb'
6
4%'
47%
11%
13% Jan
108% Jun
No par
Phillips Petroleum—
May
3%.Mar 26
6
4
•
-
4%'A series—.—.100
i%% series.;—....100
Preferred
•-
'60% Mar.'4
2%
38
'
preference com
Philip Morris
;29
6
1% Jan
33 % Jan
1
56
46'A
34%
3% Jan"
„
6% May 22
20V4July 8
9% Oct 14
4
Philco. Corp..
May 20
19% May 22
13
12
preferred
Pnoenix
Oct
6'A Jan
Pitts C C & St Louis Ry
120
46%
*10%
$1
r
July 10
.
32
v
100
Co
of America
Phila Electric Co.
10
700
80%
18%
*'0%
300
86%
8%
9,600
:
14
5% Jan
Phelps-Dodge
$6
30
106 Va
Jan
90
Oct
8% Jan
Dec
Sep
1
20% Apr
2
July
100 V8 Sep
Jan Ml
80
6%
■12%Dec 17
2% Apr
8
•
Philadelphia Co 6%
7 %
23%
80
18 3A
11
11
4%
4%
Jan. 22
51% Dec' 11
'
27
101.,
-4
Dec
Apr
7
•
Oct
v.
3
11%
106,
—5
Preferred
7
81
*18%
9%
Pfeiffer
10
200
Ry
NOV
•
9-
Jan
8
Apr
•
•45% Dec
Brewing Co———No par
Petroleum Corp
187
18%
8%
1,800
,
120
*181%
18%
9
7,200
Eastern
&
4
Oct
Jan
7
•
——10
Pet Milk Co———
2,600
12
18%
,
6,000
'
45%
12
;i00
Pepsi-Cola Co_"-„———
1
Pere Marquette Ry Co—
-100
;
.5% prior preferred
-—!—--100
5% preferred
—.——
—100
190
173
'8%
9
Peoria
% Mar
- •
19
5%
:43% July
"
—.—100
Pennsylvania RR__j———.-50
Peoples Drug Stores Tnc—5
Peoples G L & Coke (Chic)——1100
Nov
♦
113% July 26
>4
July 12
2
35% Jan
^
Cements——No par
$7 conv pref ser A——-No par:
Penn G1 Sand Corp——-No par -
93
11%
187
7%
830.
109
*163%
11%
187
8%
11
4%
557/a
173
*77
17%
*104%
120
*181%
81
*64%
23%-
23%
4%
.
69
.
*110
55%
4%"
56%
,.*5%
69%
12
•
*104%
120
*6%
6%
120
*163%
88
9%
55%
23%
23%
4%
56
*110
187
11%
*19%
*104%
120
6%
6%.
115
„
45%"
45%
173
58
8%
23%
23%
56
457/a
6%
6%
*80
173
87
45%
46%
19,500
..
10%
*10
93
115
.
Jan
2
--10O :
preferred
148%
-1%
7% Jan. 16
:
& Coke Corp
Jan
Apr
11% Oct
/
Nov
101-
17% July 15
2
20
,105% Jan'; 2
Ford—x—No par.
Coal
34
Apr
Apr
1
11
5
2% Jan
23% Jan
Nov
Jan
•6%. May 10
"
,:
Penn-Dixie
*112%. 115
115
*88
46%
*56%
*107'A
109
*183
7%
*10%
*165
84%
*10
81
4 6'A
84%
173
4%
4%
*7%
*80
84%
*163%
173
*181%
22%
93
69
69
69
*67
.
23%
11%
*6
'1,500
;•
23%
*88
45%
400
9,800
<
24%
*10 %
*104%
120
56%
*4%
55
*112
1,600
.
21%
99
*110
110
23%
*107%
-
2,300
'
90
24%
11%
45%
6%
110
23%
;
46
*6
6%
120
23%
*
45%
45%
6%
84
1,100
'
21%
21
24%
*10%
*10%
.
X22%
23%
77/a
50
50
*89%
90
24%
.
20%
21
*89'/?
21
23%
8%
7%
89
600
13,800
■
25
*24%
7%
50
21 Va
32%
200
1,000
52
8%
20%
21
49%
10%
9%
7%
7%
>
4%
<-32
8%
.i
51%'
51%
*
8%
7%
20%
.
51%
30%
%:
8%
7%
9%
*9
10
*9%
51%
31%
19,300
22%
4%
49%
*7%
Penn
24%
121
Oct
'
Oct
Nov
74,
9
160
"
Penney (J C) Co—
-.——No par
Penn-Central Airlines; Corp.-——X
5%
v.
24%
5%
10
1,100
:
300
25%
5
Oct
21
Jan
13%
119% Sep
'
3,400
'
Jan
Oct
22%
28% May 24
2
Jan
16
15 'A Apr
45Va July 20
4
25
,'3% Jan ; 2
',».•■ 9 . Jan <4
Tllford lnc—2——
&
Penick &■
600
•
17
116
*113
56%
31%
-
3,000
•>
>
36%
*14%
17
*55%
10
7%
j
'
2'/a-.'
*21%
'
49%
8%
,
36
36%
"
9%
8
2%
56%
,.*'4% '
5
49%
5
8
2%
2,800
7
25
25%
56%
56 %
56 J
56%
■
13%
13%
14
6,700
900
.
8
•
:
'
98%
98
116
*113
22%
25%
22%
49%
*14%-
116
25%
51%
*36%
17
*111%
*22%
*4%
2%
400
■'
8%
*8
%
36%
,.*•14%
22%
v
'
17
25%
5%
2
.
116
25%
56%
8%
2
*14%
■:
116
,*22%
.
■
137/a
13%
y *8
>
>
'
.*111%
16%
16%
*113
4%
:
37
*36'%
16%
56 %
900
•:
21
53%
14
116
2,900
.
4%
4%
..21%
2%
45%
*4%.
,;,*4%
8%
*107
1
18%-
..
4%
14%
89 %
A 2,300
53
2%
.
f
21%
*8%
7%
1%
53
*14%
50%
*18
5
31% Dec
Ino————1* "15% Jan 12
17 Ya Janr22
>-l:"?"
1 Yb Jan ' 2
Park Uta-h. Consolidated Mines—^lY
> 27% Jan
7
Parke Davis & Cq___——No 'par "16 / Jan...17
Parker Rust Proof Co__..———2.50 \
1% Jan
5
Parmelee Transportation-—No phr
46% Nov
8
Patino -Mines & ,Enterprises—-n_10
Park
r.
,
•7
Pictures
Paramount
Apr
20
Jan
148
No par"
^4% conv preferred——
15,500
29.800
30%
31
18
40
)
31%
1%
1%
30%
18 y*
t
!
8%
.6%
25%
Apr
16
16% Jan
91% Jan
No par
lnc—
Cos
t
21
4%
96%
*4%'
1%
307/a
>18"
\
24
69
21%
52
37%
i
Paraffine
-4%
..
25%,May 20
"
Prod. & Ref—
Panhandle
6% Mar
6
29
July 23
Mar 15
19
Airways-Corp_^i—5'
Petrol & Transp
—5East.P L '5,-60% pfd_100."
.72%
23%
.
51%
*4%
96%
56
'
106
*103%
104%
,-30%
•
44%
300
Dec
Mar
57% Dec
"
"
104%
1%.
1%
1%
30%
6,600
:
Va Apr
48
•9%' Apr
; 23% Jan
7 33
Jan
Pan American
Panhandle
13
10
Corp——,-10
Packard Motor Car——*
55
5
14% Jan
Teleg_—-—100 6% preferred—-——-——100 ')
.^Pacific Tin Cons'ol'd Corp_.—ly.'
Pacific Western,Oil
13% Apr
6V'a Jan ' 5
23'A Jan
•
Pacific Telep &
Pan-Amer
230
3
20%
:
96%
*113
i
t;
'' 51%
4%
21%
51 %
16%
y 59
57%.
*17%
1%
30%
*37
23%
9,600
:
10%
110%
71%
24
32%
*9%
23%
66%
1
23%
18,000
31%
*43%
:.43%
1,100
109 'A
2%
43%
7,3.00
-
.
x
44
44
43%
3%
3
3
*103%
*103'% 104%
17%
4%
3
3%
-
.
•: ■;
110%
43%
45
30%
21%
3
3%
60
!
4%
13%
>:
10%
••
*109%
110%
60
149
4%
'
59 %
59
2 %•!
32%
31%
*9
'110%
3%
Pacific
.«
•
*13%
13
3%
11
*9%
11
110%
*148%
•4%
4%'
13
31%
31%
31%
10%
110 %
148'A
148%
4%
-*12%
*115
Pacific
1
13% July
"
••
(Cal).—Y—10Gas & Electric——-25
Lighting Corp_——No par'
Mills-.-.—-No par
Pacific
300
,
26
116
116
*115
5.100
39%
"*25%
Co———.;—
Pacific Finance Corp
600
31%
39%
•!
370
<
.
31%
31%
26
116
16
*12%
16
40
4%
31
31%
30%
>
31
13%
110%
t.: *9
16%
*25%
*115%
'
*110% 100 %
16%
*39
3%
3%
16%
40%
148%
'
3%
t
26
4%
^
13%
40%'
40
13%
4%;
4%
40%
26
•
116
13%
13%,
*13%
*115
148'%
148
149%
4%
■;
117%
*116%
116
116
.
;
*12%
31
31
•
31%
31
*40%
42
16%
Y
16
*12%
16
30%
16
*12%
16
16%
InC——8
.-10
1st preferred .non-cum—No par
2nd preferred non-cum.—No par
Pacific Coast
30
Sep
27%
Jun
43
Dec
143 Va
xl6% Apr
2
Va Jun
17%
Mar
42
Jan
4
Apr
132
Sep
Apr.
15
46
Pacific Amer Fisheries
560
42
44
*42
> 16%
17
16
*8
8%
;v 8
44
*41%
*42%
:
8%
*8
79
11% Mar
'
*11%
400
I
■
Jan
p
>"
.
Dec
6%
Jan
Dec
10% Jun
105
28% Jan
Co——-.12.50
Glass
Dec
30%
2% Jan
•
Jan
Jan
142
...—No par
Owens-Illinois
8% May 22
3% Jan
69
Oppenheim Collins-
Outlet ;Co
12Va
Apr
Jan
17
2
'
——_6
—-100
-No par..
Otis Elevator
—
_r_No par
; ',6 % preferred—————100
Outboard Marine & Mfg
.——5
Y8%
6%
21 '/a July 19
50% July
37A Jan
Omnibus Corp
7,5 % Jan
85% Jan
2
107'A July 20
73% Mar
x99 %
Jan
96% Jan
4
114% July 20
79% Mar
111
Jan
...100
100
108 Vs Nov
30
129% July 15
99
Mar
123
Jan
122
Aug 18
No var
26% Jan
18
2
116
113% Nov
111% Mar
No par
1
20% July
40 Va July
28%
Oct
Nov
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4239
158
$ per share
is
*109 %
16%
16%
17%
16%
,*110%
113%
12
113
*110
112%
*101
102%
*101%
102
19%
12
19%
19%
.102
16%
13%
16%
*111%
113%^
102%,
19
13%
EXCHANGE
101%
102
19%
Rangre Since January 1
Lowest
Highest
Par
Pure Oil (The)
6% preferred
113%
19%
Range for Previous
NEW YORK STOCK
Shares
16%
<
*101%
,
19%
,
I per share
16%
*111%
102..
18%
19%
*19%'
Dec. 17
t per share
16%
Sales for
the Week
Friday
Dec. 16
I per share
*110%
,102
19%
Thursday
Dec. 15
f per share
share
16%
,
H31/8
102
„
Dec. li
S per
16 %
,
Tuesday
Dec. 13
Dec. I I
STOCKS
SALE PRICES
Wednesday
tOW AND HIGH
Monday
Saturday
2485
>
.
500
1,500
.19%'
No par
_100
Jan
104% Feb
3
92l/aJan
2
'133/4 Jan
2
11
Year 1942
$ per share
14
5% conv preferred-.---...
—100
Purity Bakeries Corp—
„No par
20,400
>
$ per share
Lowest
per
197/« July 19
114 y8 July 22
107 y2 July 23
share
1
Highest
I per share
Apr
11% Dec
90% May
80% Jun
106%
92%
Dec
5
9% Mar
14%
Nov
July 26
8% Mar
10% Oct
22% NOV
Dec
Q
*12'A
13
.13%.
*13
.
*13%
*13%
14
Quaker State Oil Ref Corp.
400
14,
-10
10% Jan
4
15
R
•
9% '
9%
70%
70%.
70%
8%
,70%
7%-'
8%
7%.
7%
96%
96%
95-r8'
95%
27%
27%
*28 Va
'28%
127s. •12%
.12%
13%
9%
9%
•.•7.0
8
•9%
70%
9%
,
•
95%
9%
9%
71-
71
:'
7%
■
.
,
94%
95%
-X9%,
,
■
,
95%
7%
,
.94
9s/i
'■
95%
,
1,200
9,500
.280
7%
v
95
Radio Corp of Amer
24,200
77/a
95%
70%
70%
,
7%
70%'
9%.
9%
70%
•
7%
6%
*29%
15%
*31%,
33
•32i%
*26%
5'.;
27
.
■•
"
...
317/a
*25%
51
27%
5%
26%
51/4
5'.
5%
,
.
15%
13%
*12%
13%
*•17%
18%
*17%
18%
15%
15%
15%
15%
18%
15%
15%
84
*83
87%
*82%
87%
*82»%
.64%
.64%
*73/4
7%
84
65%
17%
17
100
87
,
8
'
/leys
,•
8
17
16%
102
*86
66%"
8
,17%
*100
100%
64%
66%
8
8
88
32
14% Jan
22% May
26% Jan 20
35
Nov
22% Jan 22
30
Jun
non-cum
A'/o
400
21
non-cum
^„_50
1st preferred—.i.50
2nd preferred—50
16%
•
102
.*100
17
17%
*100
102
*100
1,100
,
15%
Nov
5
23% May
28%
Nov
5
20
Nov
23
July 27
Jan
8
86 Vi
6
'Jan
5
13% Sep
l<tva Jan
4
20
12
-
_l
...
Inc—
Motors,
—
69% Jan
30
14
Dec
11
Apr
22
Deo
6
20
70
Deo
Feb
16
Dec
7 Va May
X55
Mar
13
Deo
Oct
27
Dec
17
38 %
Jan
10% Apr
6
2%
Jun
20% July 14
"10iy2 May 24
Jan
7%
10% Mar
May. 6
5'
93
*94%
4»A Jan
95'/a Jan
Sep
3% Nov
Jan
67
4
42 ya Jan
_l
Dec
23%
1% Jan
19% Jun
Jan 20
12
May
39
Republic Steel Corp.—„No par
6% conv preferred———..lOO
16,300
102
Feb
51
5% Apr 29
20
Deo
26%
80
Reo
700
7%
17%:
••■
22
8
Preferred With warrants.^.—,..25
Rensselaer & Saratoga
100
;300
67
7%
Jan
7% Jun
23% July
11 Va Apr
14
Remington-Rand
2,700
87%
65
■15%
26
3 % Jan
& Co 1st pfd——100
Dec
Dec
64% Dec
66 y4 Jan
(Robt)
Dec
3%
Jun
Aug 24
Reliable Stores Corp.
—No par
Reliance Mfg CO———-—
;..10
18%
,
Jan
5
59%
Apr
34%
99% July 14
29% Jun
7
Reis
300
15%
-
2
Real Silk Hosiery————,._6
Preferred
————————100
1,030
;
13%
*16%
.15%
65
15% Jun
A%
2,800
47%
45 y4'
■
*163/4
84
17%
*11%
49%,
18%
63%'
87
13
45 %
15%
84
102
*113/4
*1.7%
15%
7%
•j
-5%
■
50-
12
18%
63%
17%
263A
5%
49
.
11% Jan
200
*78
15%
87%
*100 %
*5% •'. 5%
♦78
46 Va Mar
1
54% Jan
'
5%;
12
.
12%
2,200
:
2% Mar
2
26 Va Jan
conv
...
900
■32%
♦26
28
3,700
.
16
'.
*31%
.
x15%
7%
8
28
.15%
32%.
*31%
*25%
,,
13%
,■28%
*17%
63%
*83
.
;
"f
4
71V4 Oct
10 Va Jun
Reading Company——
900
12%
28 Va
,
,
:
,153A
15%
27
27
13
29
■
■
•■••••
'
;.
32 %
*25%
5%
„
*27%: .27%
15%, .,'15'%;
*31%
■,
50
X12%
,
29
„■
*78
49%
49%
,49,
*12'
127/a
29%
*
*78
*77,
50
31%
32%
,
26%
-5%
*77
29%
15%
.
28%
,12%
,29
13
29%
i.
16
27%
*12%
28%,
12 y8
30
*29%
;15,%'
15 3 a
28%;
,
12% May
Jan
3l/a Jan
4% Jan
59
preferred—.——100
Raybestos Manhattan———No par
Rayonier Inc.—
_1
$2 preferred
.—i—--——r.25
'
30
—No par
$3.50 conv 1st preferred—No par
Radio-Keith-Orpheum ———1
71%
Dec
49
nov
5%
13% Sep
Dec
19
Jun
Jan
100% Mar
'
87
'
6%
: 6%
;
''■'7' ■
*78
61%
%
11%
89%
8%
8%
\
*37%
38
13%
*12%
9%
.
*6%
*6%
25%
25%
28%
37%
37%
9%
28%
•
'
29%
4%
8
3%
8
■
•63/4,
43%
7
-.7
.
'
7
.
•
43%
43%
44
112%
112%
♦112
:.'•■
7
6!4
;
Si
*106
*111
*106
107%
;
'
23
23%
107;
7% Jan
12
6y4
6%
600
Roan
S% Jan
17% May
9% May
24%
24%
;
14
50
29
29
-
fs
4%
7
105
;
106
'36%-
87%
.35%
37%
41%
16%
13%
88%
87
30
37
112
*106%
107%
83,300
200
*37'A
37%
,
63
12Va
,
16%
16%
16%
14
*13%
/
;•
2%
2%
;
87%
86
16%
16%
*13 %
12%
*70
62%
62
12%
12
72
9
9
,
.
16%
16%
i'V
16%
13%
61
11%
88
87%k
163/8
13%
60%
12%
73
11%
72
9%
9
*8%
48
46%
46%
46%
26%
26%
261%
27
27
3%
3%
25%
25%
*46%
12
*71%
8%
:
"
-
Oct
16
1
28
50 % Aug
*24
24%
■
11%
38%
39
16%
25%,
25%
25
10%
73
,
27 %
.
8%
8%
3
39
16%
16%;
16
:
23%
*23%
.
30%
30%
1,120
11%
12
2,500
72
>300
*22%
23
22%
12%;
12%
12%
3%
*28%
3%
..
3%
3%
28%
29
27% .'•■
..
27%
*46
,
*136%
23% ; 23%
14%
14%
•
:
A
Jan
1
%
Jan
15
9
7%
6
Sep
Mar: 11
2
Mar
8
5
Jan
7
105% Jan
•
193/4 Jan
36% Dec
44% Dec
15
14
111
115
May
16 V*
2
.5
.112
90
59% Jarf 12
10 y8 Jan
Jan
7
54
Jan
4
88/a Jan 20
No par
$3,50 conv pref ser A——No par
(Frank G)
—No par
Sheaffer (W A) Pen Co—.No par
23
253/4
Mar 23
113% Deo
106 Va
Jan
1
10 Va
Apr
10
1%
Dec
16% May
7
73% May
5% Jan
8
10% Jun
57
Oct
Jun
4%
Apr
7
Simmons Co..—
16 ya Jan
2
28
21
2
24
11%
11%
40 %
38%.
39
38
39
39%
16
18
16
*23%
30%
22%1
22%
23
23
12%
12%
12%
3%
3%
33/4
29%
28%
2.7%
'
23%
*29%
16
400
16%
I
28
,,
145
29
273/4
15% Jan
2,700
South Am Gold & Platinum——.—1
2% Jan
2
28%
1,100
Southeastern Greyhound Lines.
'16% Jan
U
287/s
1,300
South Porto Rico Sugar
1,400
34,400
33/8
3%
3%
28%
27%
29%
28%
800
23
22%
22%
14
11
.
',*13%
23%
•14 3A
*13%
14%
22%
23%
22%
23%
20%
19%
20%
19%
20
39%
39 y8
38%
39%.
38%
*51%
52%
51%
52
5,1%
*
22%
22%
19%
38%
39%
52%
Southern Natural
600
Jan
2lVa Jan
25% Jun
52%
5
4.
4
;
*4'%'
•
57
5 .">■ ■'
34
3%
v"5
3%
;
'34%
4:
.,*4%
,
57
;•;■, 4
5
*51%
'
*51% -57,
■34
-
4
*4%
'■
57
*51%
35
35
'
4%
5
5
*515 a
'
34%
34%
34%
51%
"•
30% Sep
37%
26% '
25%
26 V*
25%
58%
25%
60
*58
26
,25%-
25%,
37%.
'37%
*36%
■37%
■58%
37%
'37%
373/4
60
*58
60
5%
53%
5%
; 52%
*58
■■5%'
'
1
*52%
53%
*35
/ 5%
35%
:
5%
53%
5%
53%
341/4
*111%; 115
112%
*59
59%
115%
*114%
*107%" 108%
*108%
30% ,'30%
53%
35%.
29%
*111%
59%
;
■;
47/8
4
35 Va Jan
0
tr ctfs—..100
42 ya Jan
12
No par
stk
2% Jan
6
Sparks Withington
2,800
2% Jan
255/a"
.
6% Sep
6
37%
573/4
.5%,
5%
34%
115%;
34%
112%
59%
.59%
59%
59%
116
116
*114
116
*114
109
*108%
109
33%
34%,
*111%. 115 y4
51
J.
61
Nov,17
31
Dec
59
July
Spencer Kellogg & Sons..—No par
21% Jan 26
35
Dec
17%
Apr
24
Nov
Sperry Corp fThe)
.——1
Spicer Mfg Co.—;
—..No par
$3 conv preferred A———No par
Spiegel Inc.....
2
Conv $4.50 preferred—No par
Square.D Co—
1
5% conv preferred—......... 100
23% Nov 30
35% Mar 15
44Vi July 24
Dec
31% Jan
600
Squibb (E R) & Sons—.—...No par
—
100
5,500
■'
Jan
34%
1,100
-.
60
60
*60
116
*114
108%
*1087/8
.
*108%
108%
60%
,
.
.
116
$5 pref series A
20
*
*109%
■%'
'
%
2%
2%.
*109%
%
30
30%
113
' %
,
:•
30%
113
*110%
31%
31%
%
'
.
36%
*35%
42%
42%
42
42%
41%
•
2%
,
2%,
,
■
35 %
35%
36
41%
41%
41%
35%-
36%
35%
41%
36%
33%
33 7/a
33%
34
33%
33%
54%
54%
.54%
55%
54%
55%
36%
39
39
38%
2%
2%
2%.
36
'
%
,
4,800
2,700
•
39%
6%
'
6%
36
41%
42
1,300
y8
35 3/8
.
54%
353/4
353/4
32%
33
54%.
6,400
35%
33%
54%
54%
54.
40%
40%
6%
54
3%,"'
2%
35 y8
40%
40%
6%
6%
63/8
.
41
41%.
.
18,400
12,600
,
:
20,400
413/8
•
Standard Oil of Ohio
25
7
Jan
6
Jan
28
49
Jan
10
70
117
108% Dec
9
.
'6 3/8
29%
29%
29%,
293A
29
29
%
11%
62%
62%
63
62%
62%
623/4
623/4
63
'63
11%
10%
11%
10%
II
11
,11%
10%
10
10%
10
10%
9%
10
9%
9%
10
15%
15%
15
15
15%
*15%
16
,8%
8%
8
7%
73/8
29%
*28%
62
,
•
6%
*29
13%
13%
12%
56
5£'
123
■
123
.
56
15%,
7%
13%
55%
*122
93/4
15%
,
8%
7%
12%
56
•
,123%
122
13
*283/4
■
*i5ya
73/4
200
-
1,400
IP/a
3,900
97/a
10
*i5y4
13
124
62%
11%
.
16
7%
8
3,600
13
20,300
57
1,100
123/4
56%
124
29
*62
7%'
56%
56%, '561%
*28%
11%
12%
13
12%
,
56
123%,
■
63/e :
122
5%
123
5%
5%
*5%
6
5%
53/4
Xl7%
,
563/4
4,600
-
600
.
125%
200
53/8
5%
15,300
5 3/4
5 3A
1,600
125
Starrett Co
6
5%
,
5%
5%
'
5%
6
6
5%
5%
5% "
*5%
*17%
18%
17%
17%
*71
72
71%
72
20%
32
■
'5%
17%
17%
173/4
73
71%
173/4
18
18%
73%
71%
72
20
20
20%
1,600
3oy8
72%
19%
30%
30%
30%
600
,9%
18
72%
9%
9%
.9%
600
27%
26 3/4
•
2,100
'
■
9
26%
20%
20% *
x20%
20%
*20
20%
30%
30%
*30
3.1
*29%
31
9%
20%
*30
*8%
9%
*9
26%
26%
*71%
For footnotes
see
27
page
.
2487.
26%
.
9%
27
9%
27
.
9%
27%
,
27
■
'27.
900
3,000
L S
No par
10
.5
Sterling Drug Inc—
Corp—
Stokely Bros & Co Inc.,
5%
prior preferred
Stewart-Warner
Stone & Webster.;
Class A
Jan
5% Jan
.
4
Swift & Co
22% Jan
25
1
Jan
110
Jan
Jan
,
Mar
Apr
30% Apr
25 Vi Apr
% Oat
2%
Oct
11 Va Jan
13% Jan
29%
29
Tec
Dec
47
Dec
40
Nov
22% Dec
34% Jan
42
62
Apr
Dec
6Va Jan
8% Nov
14
July 12
3% Mar
4%
Jan
Sep 29
~6%
Nov
7
5
63% Mar 30
4% Nqv 30
3% Jan
2
12% Jan
Feb
49%
113
7
130
Apr
26% Jan
43/4 Feb
Co..
May
14% Jun
10% May
13% Jun
48Va Jan
122
Jan
38% Jan
114
xl7
53/4 Jan
683/4 Feb 23
Mining
18
20
2
...1
—10c
Superheater Co '(The)
—No par
Superior Oil of Calif
25
Superior Steel Corp
——100
Sutherland Paper Co
10
Sweets Co of Amer (The)—
12%
Sunshine
8
66
14% Dec
Sunray Oil Corp—
May
"
par
,—100
8
July 30
7% Jan 12
4% Jan
Sep
% Apr
By# May
6
Apr
8
Sep 21
45 Va May 26
9V2 May 5
31 y3 Mar 31
2
45%
A
Dec
60
4
58 Va
20
No
pfd (4%% cum)
25
89 V» May
40
5% Nov 29
4Va Jan
17
38% July 14
2
Jun
Dec
40% Apr
109% Aug
6% Mar 13
28% Jan
37 Va Jan
27%
108
43
28% Jan 12.
1
Studebaker Corp (The)—
—1
Sun Oil Co
-No par
'
5%
(The)
1
,
36% Dec
Jan
30% Jan
46% Jan
Jan
Sep
29% Sep
2% Mar 13
iy2 Jan
Mar
60
2%
115% July 30
A Jan
37
Mar
16
31% Dec
Nov 29
107
Sep
49
Aug 20
"
6%.
6%
6%
30
116% July 13
25
Sep 27
1007/a Jan
7
,
21%
,
July 31
112% NOV 17
$6 cum prior preferred
No par
$7 cum prior preferred—.JVo par
Standard Oil of Calif
No par
Standard Steel Spring...
2
20
22
13
14
33
Standard Gas & El Co——No par
$4 preferred
—„:
No par
1,800
Sep
8% Sep
64
Sep
42
July
11
109
....No par
3,400
Jan
60
5
35% Jan
..—No par
Standard Oil Of Indiana———
25
Standard Oil Of New Jersey—25
18
May
3
—No par
Brands, Inc
$4.50 preferred—
32 s/8
353/4. 35%
33%, 333/4
.
.
.36%,
42%
Standard
11,200
113
*110'/a
,' %
%
2%
36%
38%"
30%
'
2%
36
,
113
♦110
' %
36
35%
30%
30%
30%
113
*110
56
par
$4.25 preferred—
20-
'
113
32% Jan
,
——
540
:*my2; 115%
*114
Feb
4
■
400
,
51%
34%
Aug
3%
33
20
.
37%
57%
•
18
3
1,000
26
37%
52%
1% Apr
1% Nov
6% Jun 30
Spear & Co..———1
$5.50 preferred..
No par
200
•
35;
■53/4
,
10,200
35
,
;
5
Nov
50
4%
51
51%
53%
Oct
50% Mar
5
5oy2
5 5/8
Feb
39
34,% Jan
49% May
66
Apr
59
,
Nov
18%
40
*36%
5%-'
112%
34%
34 %
112%
59%
115
,■
Jan
18«/a
5
Ohio
Jan
12 Va
30% Apr
non-cum
26 Vi
144% Jan
21 Va
2
5%
.
Apr
15% Jan
Mobile &
15% Jan
9V* Apr
Southern Railway
380
Nov
12% May
23% Jun
,
14,800
'
5%
14%
6
11
20%
'
25%
.25 y2
Apr
14% Sep
.
Jun
*57%
.
.
122% Nov
25
2
'
.
17% Jun
6
Apr
10
35
*343%
8
14
5.'
33/4
5
Jun
16
.
30% May
51%'
■
Dec
2%
6
7
4
,*47/s
;
10 Vi
1% Mar
Apr
149% July
2
15
20% Jan
15 %
153/4 Jan
4,100
Nov
Apr
Southern Pacific Co .——No pat
52y2;
27
6'/a Mar
29 Va Dec
"
4
9
36,300
*51 y4
.
Deo
30% Oct
Apr
24" :••■
..."
No par
preferred—..100
Aug
17
15% July
10
15% July 15
'
*51%
.
19%
39 v2 July 16-
19
103/4 Jan 13
Gas Co__.i—7.50
Jan
39 y8
39% :
38%
132
Southern California Edison——25
2,300
•
t'
14%,.
20y2Jan
^.No par
preferred—..——100
Deo
4%
19%
19%
*51%
22%
.
y8
.5
Jan
18%
23
,23%
20
; .14
8%
145
i39
22%
.22%
*14/ I: 14%
.
23%
19%
38%,
'51%
28
27%
145
19
35
"•24% July 19
233/4 Nov
i
2
123/a
.
5
22
45 V4 Sep
-2
23
12%
*139
.20
10Vs Jan
22%
12%
3%
145;;
*134%
Iron
—15
23
12%
;
&
Socony Vacuum Oil Co Inc.—
30 y4
May 29
27% Nov
Dec
"Nov
7% Nov
x13j/8 July 14
22% Aug 16
23%
29%
;
Steel
$1.20 preferred
No par
Smith (A O) Corp
—10
Smith & Corona Typewriter-No par
*23%
29%
22%
.
Sloss-Sheffield
Jan
10% May 21
28% Jan U
153/4 Nov 30
Corp.,——;.No par
Skelly Oil Co—
..15
20
23%
29%
,
No par
Sinclair Oil
1,530
23%
'
23%
■
16%
16%
23%
30
22.%
23%
Simonds Saw h Steel
3,000
38
9%
66
Apr
2Ve Jun
11% May
20% Aug
■'
56,800
Apr
Apr
Jan
10 Va
30
5
Dec
10% Nov
60
4% Mar
30% May
.
20
29
5
11%
Apr
Dec
64%
8
4
•
Nov
8
5
14
Deo
3% Mar
62 %
62
11
23/8 Jan
Jan
17 %
43% May
4% Jan
Sep
31% Jan
23%'
Oct
Dec.
39
64 3A Jan
,*.No par
98
116
2,200
25%
Jan
21% Dec
Apr
17% Jan
11%
19%
..
25%,
*25%
Apr
May
Aug
15
Oil—.
Jan
Jan
19%
•
25 Va
20
18% Sep 25
17% July 6
73% July 26
13
,9
78
Dec
109 Va
4% Jun
8
44
110
Apr
16
Feb
26% Jun,
Jan'' 4
Jan
12%
17
Silver King Coalition Mines..——.5
23%
*134%
Sep
Sep
Sep
10
Jun
*9%
1073/4 July 24
43
Feb
1
4
105 '. Dec ,14
No par
29 Va
12% Mar 26
.
12
Jan
,
114
7:
6% Nov 30
96
13
Shell Union
11
X28
28%.
Nov
Jan
104
'
Jan
47% July 24
Sep 17
8
35
non-cum
Sharpe & Dohme.
100
•"
23%
*23%
23 %
..
■■'
11%
*28%
145
Nov
1%
3% Dec
.....100
3,500
25%
■",3
3
,3
24
3%
May
1
2,700
.48%
25%
26
11
*23%
29%,
28%
145
•138%.
1
25%
12%
22%
.12%
34% Jan
Dec
13% Nov
Va Mar
Shattuck
400
9
*8%
;
11%
25
16
30%
47%
3
Sharon Steel Corp...w—r—No par
$5 conv preferred———.No par
800
13s/a
61
72
46
*25%
'■;',.■' 3
3-'(
30
23%
30%
21%
23
36% Mar 30
Feb
1% Mar
Seagrave Corp..
4,000
13%
39%
.
Nov
$
Sears Roebuck & Co.——No par
Servel -Inc.'
11%
,39%
*23%
■
253/4
25%
:
*23%
■•
11%
Jan
Nov
6%
2
Seaboard Oil Co of Del...
60%
9
46
,
26%
26
3»/e
,
:•• ,'.*71%
-
48
*46%
46%
.
■
25%
24%
•
.11%
16%
,3'.
3%:
9
9%
7
May
34% May
9
1
3
Apr
A Jan
6,800
2%
*2y4
87%
86%
13%
:
61
12
72
12%
*71
73
*9
6%
% Jan
1,800
1,000
22 y2
22%,
:
~60
>
107%
107%
2%
61
*13
13%
62
61%
.
28
18% Jun
27% Nov 30
'
112
*111
23
.23
44 y8
104%
42%
'
*62%
—10
Jan
preferred—.100
preferred..
100
; Safeway Stores—No par
5% preferred——————100
Savage Arms Corp..—.
....—5
Schenley Distillers Corp_.__—_.„_5
5%% preferred—.——.
—100
Scott Paper Co
—.—.—No par
$4.50 preferred—.No par
$4 preferred—.
—No par
5,400
*103
37
23
2%'
.
5%
1,300
112
6%
106
'
*111
1
106%
*22%
2%
86%
43%
♦110
6%
"
88%
16%
13%
88'«
%
Jan
54
6% Apr
3% Jan
8
11% Jan
Jan
Oct
27%
31
July 19
4
43
J
Jan
5%
Francisco..——.100
non-cum
ISt Louis Southwestern
•
*104
112
*105%
,
23%
2%
.
.
Louis-San
6%
50
7
43%
112
6%
105
♦Ill
23%
*6
.
44
*110
36%
35%
112
,
2%
2%
JSt
•■:'•■> 380
4%'
,.*3%
St Joseph Lead..
14% Oct
Jan
20 ya Jan
(The)No pat
$2.50 conv preferred—No par
4,200
2,700
3,300
%
.
%
Co
Rustless Iron & Steel Corp—
1,200
44
Co..
Antelope Copper Mines—
Ruberoid
700
13%
44
"
2%
,
*111
23%"
'23%
,
'•
2%
12% Sep
9
29%
*43%
'
6%
105
,
37
36%
112
1
Richfield Oil Corp———_>_No par
Bitter Company •
No par
'
35%
104%
104%
36%
3b;!a
112
♦Ill
35
36%
105
*104%
106
%o%.
■
36
36%
*104
Mfg
8% Jan
85%
31% Nov
13%
*6
,
112%
6%
'
35%
.
39% July 21
500
*3%
44
43%
•111
'
■
34% Feb
Jan
..
,,7"'
■"'.,■*6
113%
71/8
43%
43%
*111% 113%
10
Common
600
13%
6% May
75% Apr
25 Vi Jan
Oct
74
3% Mar
*20 *
Apr
3,300
■
*6
7
Jan
7%
129% Mar
May
11% July 13
32 V* Jun
2
Reynolds (R J) Tob class B—10
Rheem
54
86%
4 % Jun
78% July;
•
15% July 19
93% Jun
1,
2
9%
■:
3%
,
Jan
5% Jan
...
13%
25
29
6%
3%
7% Jan
80
.Dec
20
Feb
9%
■
3%
70
59% Nov, 29
70
18
*12%
45
13%
*44
%
•..
7
1
30
39
9% Apr
Feb
98
Dec
6%
25
13%
12,900
5% Jan
78
*12%
6%.
25
27%
■
28
13%
*12%
45
Reynolds. Spring.——
*36 y2
37%,
13%
9 3/8
6%
900
1,400
88 V2 Oct
9%
*12%
9%
13%
29
%•
*31%:
:
:
37%
12%
13%
%,
■
%
%
.
*6
5
*3%-
38-
100
8%
89
26% '
.
100
——
preferred
.—100
Reynolds Metals Co...
No par
5 Va % conv preferred—.—100
;
8%
:
preferred—%
73% Jan
5 y4 %
180
11%
11
*88
26%
*44
7%
61
■
%
-*%
,
29
28%
29%
%,
%
*83
26%
*24%
13%
45
1,600
'
%•
%
.
'25%
25
*13%.
*44
11
89
10%
•
26%
6%
13%
'1
%
■'
''
7
6% conv prior pfd ser A.:
.100
Revere Copper 6s Brass—No par
700
80
61;
\
8%
*13
45
61
8%
9%
..
6%
♦76
8%
12%
•
..
14
*6%
♦59%;
11
,
>
-
89
-.
87%,
6 Vz
6%
80
,
38
9%:
.
*13
3/4
26%
13%
*12%
25%
45
29
26%
7
•13%
45
8%
14
13%. -13%
25%
*44
10%
89
8%
9%
13
7
11
89%
13%
9%
••
14
6
*76
61
8%
^26%
38
*12%
9%
*13%
6%
*86%
87%
*86
80"
61
60
/•
27'
*371%
6%
,*76
80
*ioy8;
•
8%
26%
86%
*87%
;
11
89%
;
8%;
86%
6%
■
60
60%
10%
*89
27%
6%'
*78
80
60%
11%
*88%
,27
7
*78
80
*60
87
'
6
Sep 29
Oct 18
7% Apr
1
July
12% Jun
1
28
7
23
24"
5-
2
27 Va Nov
19
2
14% Jan 20
22
May
May
32% July
82
33
4
Apr
3% Jan
43
Apr
116% Apr
"3% May"
6V4 Nov
55% Jan
128
Deo
5% Jan
11% May
15%
Jan
*9%
16"%
Deo
May
17% Feb
3% May
20
Sep
26% Deo
4% Aug
25
Jan
THE COMMERCIAL &
2486
tOW
301/a
5%
5%.
5%
9,500
303-4
323a
5%
5%
•5%
5%
53a
5%
:
*4%
4%
*4%
4%
10%
10%
10 3/4
47%
47%.
47%
*38%
7
39
X39
39
41
4%
*4%
434
*4%
10%
*10%
10 %
1034
1034
10%
103'a
48i%
48%
48%
48%
5
5%
534
534
34%
34 V4
34%
34%
14%
153/a
15
15%
,15
15%
6,100
10,500
15%
14%
151%
10%
10%
10%
103V
10
10%
10
10
10%
101/4
10
10
18
17%
17%
17%
17%
17%-
1734
18
18
17%
1,300
18%
13%
13%
13%
2,500
12%
12%
13 %
12%
12%
13%
4834
49
49 %
49%
110
49%
*47 %
483/4
*47%
13%
48%
48i%
13%
48
13%
48
6
*5%
6
*5%
93
92
*90%
*9iy8
7 VB
92
*4334
4
3%
3%
4 %
4%
334
33/4
11%
11%
*11%
12%
*11%
12%
30
*29%
293%
293/4
2934
1%
13%
1%
1%
l3/4
173/4
17%
17%
*17%
*29%
1%
1%
18%
13%
17%
14
*17%
13%
100
100
*99%
*1134
12%
303%
3034
x3034
13%
1334
100%
100%
24
24%
23%
24
233/4
2334
463%
46%
46%
46'34
46
46%
46
46
47
1,800
:
400
11,200
14
100%
4,000
4734
'46%
1,470
24 %
24
24
24%
24
24%
46%
/
134
18
133'4
100%
800
31%
17%
100%
14
13 %
100%
100%
100
6,700
.
12%
*1%
134
18
*17%
334
31
30%
*134
134
"
45
*11%
12%
2,100
8%
193/a
3%
85%
*8%
8%
211%
21%
211%
3%
834
21%
:
<
28 %
28%
28%
28%
*99%
100 %
100%
1001%
100%
100%
*5%
5%
5%
53/a
5%
5%
72
91/4
*9
9
200
,
3%
85
800
•
14,900
:
85
290
8%
834
1,000
2134
12,400
28 a4
11,700
213/V
28
21%
28%
21%
28%
28
*99%
100 34
100 %
600
*5%
534
534
-5%
*5%
5%
800
x69%
70%
p6934
7034
72
71%
•72%
9
x834
834
9
100%
100%
*99%
900
9
9
9
.
..
*114
116%
116
II6V2
*115
117%
*115
117
*111
1123%
*111
112%
*111
112%
*111
112%
*111
112%
112%
18%
191%
93%
91%
26%
26%
*26%
25%
24%
24%
112
66
64
64
*22%
-1
1
1%
'
:
Coach
Twin
1
1%
1
1%
32
32%
31%
32%
31%
3134,
14
14
1,4%.
14
14
6
,
—;—1
Co———
2534
Dec
Apr
8%
Dec
13% July 14
4%
273a July
734
Jan
5
Sep
7% Jan
1634 Nov 30
12
Jan
5
35
8
Jan
22
1
*6%
8%
6%
51%
^50
3134
3134
32%
1%
Nov
Nov
1534 July 14
10%
Feb'
10334 May 26
85
Mar
97
Dec
34 34 Mar 31
22
May
34%
Jan
50
31% May
43%
Jan
Jan
6%
Dec
734 May
834 Jan
18%
6
8
34 Mar
2 34
July
7
10% May
5
25 %
25%
75
75
75%
75%
7334
2%
1434
14
2534 July1, 8
43/a May
1% Jan
"
29%
Jan
2434 July 15,
3434 July 14
Nov
Oct
101
-
*4%
4%
*4%
Union
4
"/p
'
,*167
8%
14%
14%
70%
70%
X70
171%
X170
*171
172.
8%:
8%
%
8
441%
5%
34%
34%
1%:
•
■
,.333/a
24,900
4%
:
113%
6%
6%
•
34,
1%
Jan
21%
Jan
59
42
Jan
18
8
Jan
5"
par
5 clc
108
May
19
100% Mar
8
Nov
97
—No par
Co.
100
preferred
conv.
No par
No par
*——.No par
—-No par
United
Corporation
$3 preferred
36
40
3334 July
55% Jan
7
Jan
*
'6%
/ 9%
36%
36%
36V4
35%
36%
134
1%
17S
1%
134
*2234
23
2
3534 Sep
4
1534 Sep 22
23b Jan
7
9
38% Jan
4
66
534 Jan
4
*44
4734
2%
1%
50%
51%
121 %
2234
22%
121
2234
'
4734
4734
47%
533 a
1,100
7234
200
50%
120%
12134
2234
4734
2234
2234
8
3
234
2%
143V
*1334
73%'
*73
13%
1 4%
2234
*47%
5134
23,400
121%
1,600
49%
-
par
.100
a——.
—
7%
par
-25
preferred—.
non-cum
1,200
United
*73
1434
1334
74;
300
■
500
1434
334
3%
334
*3%
334
31%
*30%
32%
*30 %
67
67
67
*67%
68
67%
69 %
69 %
69%
165
*162
165
165
*161 Va
800
32%
69
*159%
166
•
220
164
20
8%
;
-J_———,—No
'
par
——100
preferred—
y/z/yv
9 34
3,000
Vanadium
934
1,400
Van
*36
37
*117 34
37
11934
*36
*117
200
37
*36 %
37
11934
*117
Van Raalte
11934
*42
43
42%
*42
43%
42
42
*41%
43%
*42
63-
*56
63
*56
63
*58
63
*5634
63
*56%
*56
*56
65
*56
63
*56
63
*56
6234
*56
6234
21
21
21
21
*21%
2134
*2134
2134
*21%
2134
21%
3%
3 34
334
334
334
334
48 34
4834
5034
5134
513'4
3%
334
3%
49
49
*11634
42 34
119 34
*40
42
39
39
34%
*34 34
.
334
3%
*4834
4934
48%
*11634
11934
*116%
*3434
150
150
*11634 118
*147
39
34%
34
34%
*147
"
118
*11634
113
,
42
*40
*39
3934
34
*3334
34
110
*147
—
5%
300
.
4,900
.
——
*102
*147
.
,
1,800
—
..
10
119 34
42
*38%
3934
34
*102
110
*147
20
500
1
600
HO
.—
—5
Co——
.
,
f 40
non-cum
100
preferred——.100
.5
Victor Chemical Works—
Va-Carolina. Chemical
L
5134
*3334
42
3934
34
*102
110
3%
*40
*40
42
39
*102
51
*3834
*40
3934
110
*100
.
—.5
—100
Vicks Shreve & Pac Ry—
2134
.
Co Iric___v—
preferred
;
6%
'
118
4134
41
*38%
10734
*100
-
300
1st
Vick Chemical
63
65
7%
43%
*58
9% Jun
8
46% Sep
Jan
4
64% Jan
13
74
4734 Jan
Jan
7
8
125
13
59% Jan 15
150
Jan
12
Va El
—No
a
div partic: preferred
& Pow
$6
pref_
Va Iron Coal & Coke 5%
Virginian ,Ry Co.6 %
preferred.*—'.—
Vulcan Detinning, Co
Preferred
.
par
—100
115
Mar 15
40% Nov 16
' Jan 22
51
57
Feb
15
20% Nov 18
2% Jan
4
39
'Jan
5
Dec
1
Mar
20
Apr
% Aug
1334 May
27%
Deo
Mar
10334
Dec
54
7
37% Apr
5134
Jan
1
58
Apr
44% May
71
Jan
5534
Jan
1193%
Jan
107%
Jun
15%
Apr
24
Jan
3934 Mar
46%
Jan
334 July 19
3
Oct
4
34 May
1%
27
34% May
6034
Dec
12
July
1534
Nov
41,
May
88
Oct
■5
20% July
.
2
July
34
Apr
165% Nov
7
27
12 34 Feb
67% May
2634 Feb
634 July
68%,July
6
15
1
1
Aug 30
142
14%
11234
Jun
20%
Jan
Mar
Jan
1034
*10%
2634
*26
*10538
107
For
3934
10 34
39 54
10-%
*2634
2634
*10534
10634
footnotes see
page
2487.
39
103i
263-t
*106
39 34
3934
39 34
3934
10 3
4
10 54
1034
*1034
26%
*26 34
2634
26%
106%
103%
*10534
107
40
*39 34
3934
2,400
Wabash
RR
1034
*10%
1034
500
Waldorf
System—!
26 34
600
Walgreen Co__-
10934
100
2634
110
2634
*105
4%%
4%%
50
July
55
Jan
55
Sep
60
Nov
25%
Jan
1834 May
2%
Jan
40%
Oct
11034 May
117%
Dec
Jan
21%
Nov
3134
Jan
20% Jan
14
14
2
45
Oct
1
40
Oct
Apr
3534 Sep
26
May
Jan
8
110
1
8
Aug 18
24
29% Jan
70
Jun
.100
113
Jan 26
150
preferred
—No
par
100
243% Jan
4
7% Jan
2034 Jan
5
2
Feb
10
103
*Dec 11
1134 May 29
28% July 15
109
Jun 10
40
Oct
Jan
1
22%
27
preferred——100
—No par
Dec
42
120 -.Mar
W
40
38 34
Dec
116% July
May
—25
,25
100
Nov 22
11% Mar
26
30
pfd—100
:
Oct
Deo
734 Jun
19
61
152%
14
80
Oct
Apr
15
.Jan
Oct
2
6 34
75% July
Jan
116
1
40 34 July 16
X123
—No par
Dec
30% Aug
3234
July 19
Apr
50% Aug
16
2% Nov 17
30% Nov
May
Nov
29%
26% May
20
6
29
6
5
Jan 23
13% Dec
Oct
Jun,
9
5934 July 15
20% Nov 18
42 Vu 'Jan
4
56
114
2
12934 July 23
62
112
July
334 May 10
5
Jan
1434
10
37 34 May 25
11
18%
9%
11934
,
25% Jan
17%
9%
37
8
13
25% Jan
•
25
37% Oct 21
120
Oct
5
44 % Oct
6
65
Aug 28
17%
*934
*11734
May
114 Oct
434 July
8% July 19
2534 July 15
17%
9 3/4
37
22
;
4
1734
9%
11934
Jan
>
7
17%
93/4
*117
99
6
16
834 Jan
17%
93b
37
37
11934
Jan
8
7
1534 Jan
17%
934
'
*36%
*11734
7
19% Apr
Corp- of Am—No par
1734
9%
934
Apr
Norman .Co.:———2.50
1734
18
1734
234
34 Jan
No par
Leaf Tob.
Universal
734 Apr 26
134 Jan
conv
Preferred
90
69
Jan
8
2
-1
Stockyards Corp.—...
preferred.;
—No par
Universal-Cyclops Steel Corp—
1
Universal Laboratories Inc.——_1
$6
Sep
4
UJan
146
Jan
41
13
Jan 15
101
Dec
634
34%
Aug 23
—5
United Stores class A——
31
*159%
Steel Corp„————
Preferred
U S Tobacco Co—1
2,600
31
166
-50
—
2%
3%
165
-50
& MinJ
234
*30%
66 %
162
.100
Jan
64
17434 Dec
Apr
44 % Jun
No par
2%
3 Va
*334
U S
9
Feb
1134
Jan
32
1
-10
——
434 Nov
87
24%
42
preferred
1st
Jan
May
Feb
Dec;
34%
29% Jan
Co
non-cum
108
159
Oct
4 34
1
29% Jan
——_.
& Impt—
Rubber
13% Jan
Sep
X4234 July 14
-10
;
*2%
74
•
-20
2%
31%
3%
S
1
-10
a———;
U S Smelting Rei
Preferred
40
3%
33
Co—
—
Plywood Corp„-
8%
1,600
22%
31%
3 34
3 34
*3134
U
par
.100
234
2%
234
121
47%
47%
2%
14%
50%
51
50%
121%
Lines
preferred '
U S Realty
5334
73
443% Nov
No
preferred
U S
*71%
5334
53 3/8
2%.
7334
U S
1,000
*71%
Apr
No par
-No par
Partic & conv cl A--.
3,700
11,300
4%
Jan
1,200
43
29
Jan
1%
12634
1034 Oct
4
3634
1%
4234
2%
74
3534,
134
17
30
U S Pipe & Foundry—
U S Playing Card Co
40%
20
181% Apr
—.
Leather Co——;
':
May
7534 Oct
15
U S Industrial Chemicals
700
40 %
29
Dec
17
300
■
Apr
6 % May
Jan
17
Prior
77%
59
534 Jan
U S
July 13
168
39 3/4 Jun
5,000
32
19
4
9834 Nov
8
U S Hoffman Mach Corp——.—5
-50
5 % % conv
9%
9%
12534
2%
74
1,400
2
9% Jan
——.—,
preferred
4234
41%
53 %
73
■
7%
■
;
6%
5%
36
1
400
*125% 12534
3
14%
14%
1434
*1434
3534
134
*71%
5034
76
*73
76
*73
*
2%
234
3634
,70
par
84% Jan
„20
—
Jan
534
•
.100
Cd„—
preferred.——
90
40%
*37
*35%
53%
5334
—No'
Freight Co—
900
*37
42
74
Apr
/
38
16%
Sep
2%
15%
32
126
234
4
11334
934
1134 Apr.
6
15%
634
■
,2934 Dec 10
634
2% July 21
5% Apr
*1103/4
31%
2%
*2%'
3
*234
6 34
16
1334 May
500
15%
Jan
ex-distribtion..
Inc..—_1
4%
*9%
4134
121%
47%
*1534
*11034, 11334
Feb
72%
2% Jun
9
6
44 %
4%
4%
31%
12534
*53
37
37%
*434
6%
41%
22%
*44
35%
93a
125%
51%
22%
.
'*42
35
6
834
*8%
8 34
334 Mar
2534 Jun
4834 Jun
4
U S
44%.
8
76% Sep 21
U S Gypsum
*8%
5
Apr
434 Jan
1,200
*42
9% Jun
3% Jan
3,600
Nov
59
1634 Jan
14
Dec
334
Apr
33% Aug
U
71
•
8%
Apr
134
Oct
Dec
3
July
2334 Nov 30
Faperboard—_a——10
S & Foreign Secur—
—No par
$6 1st preferred———No par
14
170
X
re
18
July
434
United Merch & Mfrs
69%
*168
30
11
United,
14
168
Jan
29
Feb
Jan
aa
5
Dec
20
'
2% May 10
21% July
29 34
Oct
96% Mar
138
3034
Jan
Jan
7%
Nov
16
Apr
20%
Nov
97%
Jun
102%
Oct
6% Mar
*
,
Oct
58%
Jan
4,600
9%.
113
May
1,600
71
168
Oct
16
60% Mar
United Gas Improv't
Dec
17
2,200
99%
*98
,32%
40%
44,600
434
,
'/' 834
9934
13a
121%
51
121%
.
*37
40 %
*71%
53%
723/4
53'/4
32
,
41%
126
723/4
32
125%
42%
41%
*125%
,5134
*37
40%
*37
12134
32
1534
2%
29
14
43,4
113%
4%
70%
;
8%
11,0 3 4
*934
134
5134
170
2834
29
.
*98
1334
634
634
9%
6%
*35%
12134
8%
1534
15
111
40%
5334
8%
9
3534
*37
74
434
*3434
32V2
53%
434
3534
*31%
*7134
2%
*2834
434
Jan
2034
37
734 Jan
5
.10434
1
1734 Jan
Fdy—
Apt
3
Co.———No par
United Engineering &
United Fruit
Jan
10434 Mar
11
—100
5
Cos
Feb
Feb
Jun
X26
35
2,200
75
2%
2%
2%
70%
434
75
7434
Coal
Electric
United
1,500
25
'
2934
*3434
434
2434
25%.
73%
73 %
9934
8%
9%
4234
25 Va
70'%
8%
32%
12534
25%
168
9%
142 34
900
Jun
81%
30
y3634
693% Jun
16
18% Jan
Jun
7% Apr
934 Mar,
8
2234 May 12
114
109% Jan* 2
Nov
89
3
114% Jun
,
Dec
-85%
7434
20
May 27
5
1
'
Co
Preferred
250
8%
••1334
14%
32%
12534
4934
8%
' Oct
2834 Mar 30
!'
30
Jan
1634
Jan
21% Aug
23% Jun
'
6
108
Nov
May
10
102'% July 16
2
2434 Jan
Jan
Dec
113%
6334
2234 July 14
80% Jan
79% Jan
9%
83
Apr
29
Dec
46
Sep
Apr
X118
8
Dyewood Corp
49%
83a
9'/a
*9
Nov
734 Nov
Jan
7%
114% Oct
5
X2434
28%
2
26
8634 May 27
Jan
4
United
8%
*98
170
'
Nov
6
7834
5% May
58
2
113
100
July
3134 Feb
20
Drug
50%
434
70 %'
15
Nov
1
Jan
United
200
44%
.111
2634
10
93% Jau
3,000
634
*42
110%
110%
6 i/a
'
834
234
8%
*4%
Jan
18
1734 Jan
Lines
Biscuit
United
20,500
(
u'k
6%
44%
41/2
\
6%
*42
15
14%
15
14%
*110%
41/2
'14'-
50%
2834:
4 34
8%
Oct
19%
734 Aug
13
934 Jun
Transport—.—5
Air
United-Carr Fast Corp
*534
35
35
*4%
/
16
IP/4 Jun
preferred———100
conv
United
300
6%
441/2
*42
*42
.
14%
I434
70
14%,
70
Jan
773/a Jun
X7634 Dec
—No par
-—5
United Aircraft Corp—
23
8%
73%
993a
*97
99%
*97
99%
Jun
6% Jan
par
preferred—i.
non-cum
Union Tank Car
United Carbon Co.—
25%
2%
8%
8%
8%
8%
*8%
*97
Nov
71
Jun
7%
Jan
8
20
52%
*8
75%
4 34
43,8
Nov
5%
434 Jan
67
2
600
34
*50
29
29
291/4
29
4/
934 May
Dec
1234 Mar
56%
May 25
90
Jan
634 Jan
12% Jan
1534 Jan
65
1
1434
*534
25%
2%
2%
2%
2%
*29%
.
8
25%
4
1634 Apr
5
10534 Jan
*2134
33%
14
~f
52%
8
8
26
*25%
.
*6%
C
*50%
51%
8%
/
6%
51%
,
Jan
15%
.
par
111
'
134
1
.
27%
Feb
Jun
'
14
Sep
Dec
Jan
11% Jan
99
334
934
8
10
15% Jan 27
25
3434
8%
26 34 Jun
Jan
69
Jan
Jan
.
Dec
434
17% July
ii Mar
4
Mar 18
3
134 Jan
16
Mar
52%
Apr
30
July 23
33% Jun
2634 Feb
3
Jan
334
May 27
15
Jun
2% July
534 Jun
4
18
,634 May 24
Jan
8 34 Jan
Jan
9%
May
41
Oct
Oct
24%
42
Nov
2 '/a
July 12
49
33% Jan
3
34%
934 Sep
95
Jan
4
8
28
51% Aug 19
234 Jan
52
Oct
14
034 Jan
California.——25
Pacific RR Co
—;
100
*64
*110%
22"
22%
300
.20
20
20%
6434
6334
6,200
par
Union Oil of
400
24
23 3/4
111
111
65
23,800
26'/e
1003/4
20 34
20%
400
10034
24
No par
Paper—
—-No
Union Carbide & Carb——No
Union El Co of Mo $5 pfd—No
Preferred $4.50 series——No
700
26%
2534
23%
134
22 34
24%'
*22%
24%
*63%
2,500
9134
10034
*100
112
*111
*111
*64
24 %
*22 %
*19%
20 V4
*19%
20%
64
64
23%'
,
93%
26%
26%
25%
2534
100%
2234
112
*111
2534
100 %
23%
23
5,200
*9034
91%'
26%
10
19
93
95
.91%
.
26 %
26'%
25%
1003V 10034
263%
99%
*20
20%
112
9134
70
19
19
9334
95 %
*2634
2634
26%
26%
23%'
24%
*20
91
25%
101
*111
93%
99%
26%
.
*99%
93
91
19
933%
19 3/a
9i3/a:
.
18%
1834
9134.
183V
80
79
79
78 VV
9 3/4
X93V
934
9%
10
93%
931/2
92%
——100
preferred——■:
7%
8,500
116%
93%
Oct
8%
.
80%
*114
*91%
37%
4
7934
7934
19%
334
Apr
634 Jan
Union Bag &
78
18%
Apr
May
14
——2
.Transcont'l & West Air Inc—:—-5
Transue & Williams St'l—No par
Tri-Continenital Corp————1
$6 preferred———————No par
Truax-Traer Corp———.—-No par
20th Cen Fox Film Corp.
No par
/ $1.50 preferredNo par
$4.50 prior- pfd————No Par
Twin City Rapid Transit—MNp par
Nov
2
5
'
Transamerica Corp
Dec
28
20
'
Jan
42%
Apr
Oct
934
July 22
23% Dec
'
\
'
.
4
7% May
30
Nov
35
6% July 14
18
40% Jan
"
"
1
8,800
93%
112%
Apr
% Mar
4134 July 14
834 Jan
Bearing——_No par
Timken Roller
10%
116%
*114
1
334 Jan
Detroit Axle————10
:TImken
9%
79%
79%
Apr
32
33% Dec
4
Under Elliott Fisher Co
91/4
10
Nov
4
3
5334 July 14
Jan
12
1,000
78%
*9%
534
24
Apr
1334 May 29
834 Jan
934 Jan
5134
51
5134
\ 5134
9%
78%
Jan
Nov
U
52
*51
51%
511/2
.
Dec
5%
834 Jun
9
94% Jan
/
51%'
51%
52
*51%
25 34
334 Aug
5% Mar 16
2
Jan
41%
15% Aug
—
preferred-———N< par
Tide Water Associated Oil
10
$4.50 conv preferred—
No par
$3.50 cum
170
71%
■
334
334
21 Ys
8 3/4
72
9
.72
72
;
12
8434
84
28
21%
2834
28%
12
6,100
19 %
12
834
21%
21%
19%
3%
3%
83%
834
85
*8%
8%
8%
12
8%
8
8%
19%
19,
*li34
83%
3%
3%
84%
85
85
,19
*1134
12
12
33/a
3%
3%
85%
*1834
193/a"
8
8%
8%
83/s
8%
*18%
12%
*12
12%
*12
8 3%
193/8
8%'
8%
19%
R)_——-————25
Thompson Products
-No par
Thompson-Starrett Co——No par
(J
\
4
19%
Tennessee
Texas. Co (The)—
8
45
Jan
share
per
29 34
35 34 July
534 Jan 25
,
7
634
*334
4
*11%
14
13%
14%
100
6
92
*43
45
*334
18,
;
734
7
*43
45
*334
"*5%
*9034
6
92
7%
7
7%
*534
'*9038
92
*9034
.
45
*42
45%
*42
45%
7%
7%
7%
71/3
.
*43
6;
*55%
6
*90/8
*5%
2
3
Thompson
4,000
8
35
preferred—.—*—50
Corp—
—5
100
4,800
34%
15
,15%
par tic
5% %
500
6,400
5
5
3434
34%
14%
*181/4
Highest
$
1934 Mar
8% May 20
8
434 Jan
~9
Talcott Inc (James)--.
5 per share
35% Apr 22
223s Feb
Corp——a.——5
—25
Texas Gulf Producing—*—No par
Texas Gulf Sulphur——No par
Texas Pacific Coal & Oil—
10
-Texas Pacific Land Trust—-——1
Texas Si/Pacific Ry Co
100
Thatcher Mfg Co——
No par
$3.60 conv preferred
-No par
The Fair—
—~—-No par
Preferred————
—.—100
Thermoid Co-——--——1
$3 div conv preferred———-10
Third Avenue Transit Corp.-No par
1,100
49
48%.
34
5
534
34
1942
Lowest'
$ per share
27% Nov
International Ltd
—
Sylvania Elec Prod's, Inc.—No par
Symington Gould Corp^
—1
Telautograph
.10%
10%.
48%
48
48%
5%
34%
5
34%
Year
Since January I
Highest
$ per share
Swift
200
434
*434
434
600
.-
41
*39
*4%
:
7
634
7
*39
73%
*7
73/a
*7
.
534
'
'
5%
6%
31%,
393%/
34%
13,800
30%
38%
4%
323a
30%
30%
401/4
*34%
32
30%
2934
7
7
7
7
40
1,900
30%
5%
29%
30%
30%
3034
30
*29%
Lowest
Par
30
3034
,
Range
STOCK
EXCHANGE
Shares
t per share
3034
30
30
31
the Week
'
$ per share
$ per share
$ per share
$ per share
$ per share
Dec. .15
Dec. 14
Dec. .13
Dec. 11
Sales
Dec. 3 7
Dec. 1(5
NEW YORK
for
Friday
Thursday
Wednesday
for Previous
Range
STOCKS
SALE PRICES
AND HIGH
Tuesday
Monday
Saturday
Monday, December 20, 1943
FINANCIAL CHRONICLE
:
i58
Volume
THE COMMERCIAL & FINANCIAL
Number 4239
NEW YORK STOCK
LOW
f
$ per share
STOCKS
Dec. 17
Dec. 16
Dec. 15
$ per
$ per share
$
share
50%
50%
49%
50 J/4
49'/a
491/4
50J/4
50'A
49%
53%
52 3/8
17%
*17 »/4
17%
*17J/4
17%
*171/4
17%
*17%
173/4
71/4
7'A
7
7'A
7
7
8'/«
8'/a
8 J/4
8 J/4
8
8
VA
43%
*43
*
*1%
1%
43%
43 J%
11/4
45 J/a
6,000
Walker
2,900
54
Walworth Co
173/4
7%
7%
8
8
500
1%
400
1%
1%
1%
45
45
11%
45
(Hiram)
Div redeem
*17%
45
Range for Previous
STOCK
Range Since January 1
Lowest
Highest
Par
83/a
*73/4
1%
44%
l'/4
W'
1
.
YORK
EXCHANGE
Shares
7
7
8%
*7%
44%
1J/4
1%
43 %
7
NEW
the Week
share
per
*17%
7
Sales for
Friday
Thursday
Wednesday
s per share
share
per
2487
RECORD
TRICES
SALE
Dec. 11
Dec. 13
Dec, 11
HIGH
Tuesday
Monday
Saturday
AND
CHRONICLE
11%
G & W
No par
11,600
4% Jan
5
13
No
.
$7 preferred——^
Warner Bros Pictures
24%
*23%
24%
*23%
24
233/4
23%
300
"20 J/2
21
*20%
21
20%
20%
*20%
21
20%
20%
800
Fdy & Pipe_„
_N0
Washington Gas Lt Co—No
15%:
*15%
15%
U15
15%
*15
16
16
16
16%
600
*23%
23 '%
*23
23%
*23
23 J%
23
x22
22
*21%
223%
200
Wayne Pump Co_
6'A
6'%
6 J/a
61%
1,300
Webster
1,500
*75%
76%
17%
17%
15%
'
.
*6'%
6%
61/4
23
01%
*221/4
*6%
22%
23
X22%
22'%
76%
76%
761/a
76
17%
18
17%
18%
18
*82 J/4
84
76
6%
22%
6%
*22%
.
15%
6%
*76
23
'■
,
22'%
93
231%
'A
*76
78 J/2-
*76%
>
Warren
'
J/4
18'/a
•18%
19
18%
19%
83
83
82
83
81%
82
81%
22% Oct
11
par
15% Jan
92J/2
92%
92%
92J%
92%.
92%
92%
93%
93
93'%
82
82
82 J/%
*82%
83%
83
83
82
82%:
*81
1171/4
117 J/4
117
84
92%
-
Oct
5'/4
Nov
2%
Jun
6
Nov
1
Nov
% May
16
6
Feb
29%
Nov
4'%
15% July 15
Apr
8%
Deo
Jaa
21
24%
Oct
39 Va
4
1
Jun
19
12 J/2 Jan
4
17 J/2 Jun
2
13'A
12
Jan
14
Oct
—1
17% Jan
5
26
11'/a
Jan
18
Nov
par
2% Jan
8
1% Jan
3
17% Jan
...
Eisenlohr
Indies
—.—No
Sugar Corp
7 %
80
6%
69
preferred—
preferred
July 23
8 '/a July
8
26% July
79% Nov
Jan. 21
8% Jan
—1
West Penn Electric class A—No
350
83
Nov
161/4
Apr
2% Mar 29
July
41%
3Va
May 29
56
Apr
13% Mar
32% Apr
23% Sep
West
35,000
250"
81%
92%
"82 'A
*81
31%
Highest
t per share
Wesson Oil & Snowdrift,—No par
$4 conv preferred—
,.,No par
400
78 Va
7
par
Waukesha Motor Co——
20%
20
5
*23%
20%
4
Jan
26
5
24%
*23'/a
% Jan
7% Jan
par
—.50
11%
24%
27
No par
11%
*23'%
Oct
1643
$ per share
18% May 25
9% Jun
5
11%
%
2
2
11%
12
11%
54'
4
4% Jan
11%
11%
12
15% Jan
11
11%
Year
S per share
par
No
—
Class B
38% Jan
No par
preferred
Ward Baking Co cl A
900
I per share
Lowest
15
May
59% May
16
19% Dec
3
7J/a Aug
2
Feb
July
20 % Jan
x71%
Nov
10% Nov
50% Jan
85
Aug 20
34
Apr
91
67% Jan
99
Oct
14
41 '/a
Apr
104
Jan
87% Oct
11
36
Apr
.93
Jan
3
102
May
par
100
Jan
57
—100
Jan
'
*117^/4
117%
*117
118
16
•16 'A
108
*106 J/2
1071%
29 J/2
29J%
29%
*29
*3
.
3
3
3%
16
xlo%
16J/4
16
*106
*1061/2
■*'
3
•••
'
106%
*2%
3%
3
*6%
3%
7%
43%
*6%
8
100
42%
44
9,600
23%
22%
23
22 3/4
23%
23
23%
7,300
20%
21'%
21%
21%
21
21%
8,200
Westinghouse Air Braae—
95%
5,000
21%
23
:
21
95
95%.
95%
.
/<
8
94%
94
95%
42%
*31%
331%
*31%
'
331%
24%
24%
24%
107%
107'%
*56%
59%
"56%
*24%
59J%
96
*95
96
.
.
96
96%
*107
20%
20%
20%
20%
65%
65 3 a
64%
18%
108
■
'65
18%
96
59%.
96
,
:
..
59%
*56%
95%
'
*94%
.
107
%
6% Apr
11% Apr
5
3
49% Oct
27
24% Doc
Weston
24%
300
5% Jan
37% Oct
8.
Nov
15
,15% Jan
4
22
Jan
81
Elec
20%
160
Va
64%
64% !
18%
18%
18%
.19%
19%
20%
1,900
64
20%
64%
19%
20'/4
•
19%
20
19%
■
7
6%
6%
7
4%
4%-
4%
4%'
64 J/4
850
100
*18%
.
23%
23%
V
1
Jun
3
109
Aug
July
9
23
Apr
32%
Dec
29%. May
5'
22
Mar
31 %
Jan
63%, Apr
106% Jan
65
*63
25
*23 J/4
25
*4%
*4%
$4
65
*23'/4
:
5
112% Jun
4%
4%
5
4%
6%
5%
5%
5%
5%
12%
12 J/4
12 J/4
121/4
121/4
7'%
7%
7%
7%
12'A
7%
7%
7 J/2.
*78%
10%
10%
*19%
20%
79 J%
*101/4
52
Mar 13
60
Apr
99
Oct
36
35%
36 V3
35%
35%
22
20%
21
21
21
*100 'A
10%
25
18
9
127
Jan
5
14
20 J/4
105
*93
103
110
48
46%
47
*49
50
*48%
49%
48
48J%
*79
81
*78
79%
*79
67
67
67
67
*27%
28%
28%
28%
14%
14%
,..'14'%
14%
>141/4
36%
37..:
37
37%
37%
97
96'%
14%
37%
961%'
*95'/a
97
13
12%
12%
12%
13
13
33%
33%
33%
33%
33%
33%
3%
3%
3%
*3 '/a
3%
*93
47 Va
*46
*47%
49
*473/4
49
*78
793/4
67
*66
67%
*66%
67%
28%
*28
28'%
*28
/
28%
•
600
48
800
*78%
,79%
30
67%
67%
700
28'%
28'/4
400
.2,500
.
Jan
Dec
27 %
Feb
69'/a
Jan
15%
Deo
22% Aug 11
10% July 26
7% Oct
1
12
Jun
15%
3
Mar
5'%
Nov
Apr
3 '/a
Jan
*
15
86
Apr 30
40
27
Oct
40
'
.1%
May
53
Jan
Jan
1
15%
Apr
221/4
Jan
2
6% July 19
1'%
Apr
2%
Dec
Motors——1
preferred4
10
2% Jan
2
9% Jun
2'/»
Oct
8
Jan
6
1% Aug
4% Apr
conv
8'A
Deo
4% Jan
2
3%
6%
Jan
Jan
—-——No par
57% Jan
9
8
2
51
Sep
73%
7
107%
Jun
110'/a
241%. July 2
42 % July
3
25% Oct 28
2
16% Jan 20
16%
Dec
Dec
Dec
7
149
100% Oct
4
44% Jan
9
Jan
9
78'A Dec
3
53% Jan
4
70 J/a Sep
21% Jan
13
31% Sep
4
17% July 13
8
41% July 14
46
Jun
14%
10
7% Jan
21 '/a May
29
104
Sep
6
121
9
30% Jan
.
86% Oct
11% Apr
4
Jaa
17% Jan
10
28
14% July 14
9'% Sep 20
27
Jan
115
(P W) Co—
10
Worlhington P & M (Del)—No par
7% preferred A———100
6 % preferred B———100
Prior; pfd 4%% series
——100
Prior pfd 41/2% Conv series—100
Wright Aeronautical———No par
Wrigley (Wm) Jr (Del)-,—LNo par
V
48
Apr
93
12% July
5
Jan
Woolworth
;
103
48
79%
79
'
*46%
47,%
80
66%
*46'/a
2,300
107
*93
110
*93
*47
21,200
21%
21%
*102
171/4
50
2% Jan
Woodward Iron Co———.
200
Oct
Dec
July
58%. Dec,
Jun
20
x20% Jan 19
$6 preferred—.—
—No par
Wilson-Jones Co__———.
-10
Wisconsin El Pow 6 % pfd
100
800
35%
35%
21'%
105
*102
:
20%
*20
35%
203/4
48
110
10%
108%
5
20
Wilson & Co Inc
300
79
79
*10'%
6%
•
4 2'A
80
24% July 22
71 % July 14
2
Jan
Jan
15
Willys-Overland
*120%
35 '/a
110
*93
8,400
*101
*46%
110
2,000
7%
103
*1001/4
110
78%
20%
20%
211/2
>
21%
78%
*1201%
*20
20%
12'%
7 J%
7%
10%
10%
12%.
12%:
*12%
7%
79%
,
*101/4
35%
36 J/a
•
12,000
100'% Jun
6
Jan
58% Jan
No par
preferred
Wilcox Oil & Gas Co——
1,700
•
6%
6
6
5%
*120%
—
'
*20
20%
*781%
10%
*120%
*120'%
124
121/4'
7 J/2
*78'A
79%
10%
78%
.
4%
23
85
_1
preferred
conv
Prior
400
15
2
White Sewing Mach Corp
*63
12%
:
Dec
July
40
8
2,000
25
5%
*93.
83
100
136
5
4%
65
4%
*102
Feb
5
2% Jan
9,500
4%
*63
4%
.
Oct
19%
2
Min'Springs——No par
8'/4
White Rock
43/4
*4%
White Motor Co„
*23%
6'/a
35%
Jan
8 J/4
30
12
3% Jan
2,700
8%
23%
23%
6
*21%
Jan
Jan
131/4 Jan
19%
65
'
*63
65
*63
•
v.
4%
20%
13% May
1
19%
8%
7%.
7 J/4
4%
5
10 %
Feb
3%
Feb
Dec
Jan
22% Nov 30
preferred
No par
Wheeling & Lake Erie Ry—-—100
51/2% conv preferred—.—100
Wheeling Steel Corp
,_No par
$5 conv prior pref——No par
White Dental Mfg (The S S)
_20
59V2
20%
20%
64%
6%
23%
78%
41/8 May
20
31
Instrument—,—12.50
$4.50
:
,20 %
4%'
65
*120%
Apr
.
23%
24% May 29
'
:
2
104'/a
120
Westvaco Chlorine Prod—,No Par
130
18
8
'!
Westlnghouse El & Mfg——50
1st
partic prefeihTd————50
96
95%
*17%
:
18%
7%
23%
107
*56%
.
,
4%
'
*62
Sep
12% May
■
20
20%
7
150
100
107 J/4
*24
24%
24%
*107
108
*56%
65
....
*17%
,
24%
4
*107
201/4
.20
65%;
*17%
*4%
97
20
2% Jan
No par
33%
128
*32
33
33
33%
*31%
24%
24%
20
Sep
22
30% Sep
110
■
*107% 108
*56
58%
*17%
95%
128
128
10%
Sep
Jan
113% Jan
1
33%
*96
126'
.127% 127 J/4
128
128
95
94%
~
128
*127
16% Oct 29
Jan
—No par
——.
Jun
19
Western Union Teleg class A-No par
Class B—_
119
113/4 Jan
preferred—_100
21%
23%
21%
*24%
2nd
42%
23%
95J/2
non-cum
*71/4
42%
23%
127%
4%
8
21%
•
1,200
Jan
103
—10
100
43
23%
95,
Supply Co
Westenv Maryland Ry
*7%
21%
127%
Auto
42%
43
*31%
3
109
100 '.
Pulp & Pap Co—No par
preferred
10Q
6%
Western
2,300
pfd
71/4
44 J/4
43%
20
29%
4% %
441/4
7%
7% '
West Va
106
29
'
*7%
900
16
West Penn Power
29%.
29
29
*2%
3%
16
*105
16
"15%
*105
106%
29
29
320
1163%
xll6%
117 'A
117
,
16
16
106%
107 J/a
28%
117%
24
Oct
Jan
31
Dec
21%
Jan
Sep
20
117
Nov
125
July
134
Sep
18
106
54
Jun
1
57 '/a Jun
117
Mar
uun
54
Jan
18
44
Jun
57'%
Jan
Apr 20
108
Nov
42'%
80
Jun
104
Jan
39
Apr
62
Jan
.t,
*95
,
*95
97
v
13
13%
33%
33%
33%
*3%
3%
f
12%
3%
'•Bid
•„
*27%
,
14'%
141/4
14%.
36%
37%
37'%
14%
37%
97
96
96
13%
13'%
13'/s
130
7,400
34%
34
34'/a
3,700
Zenith. Radio Corp
3J%
600
14%
37
asked prices; no sales on this day.
and
14%
"37J/4
Yale & Towne Mfg. CO—
—23
Young Spring & Wire——No par
Youngstown Sheet & Tube—No par
5Vz% preferred series A——-100
Youngstown Steel Door
No par
*95%
3% '<
Jin receivership,
a
3%
3%
9,000
nNew Stock,
Deferred delivery,
r
s
Jan
82
Jan
23%
Oct
Apr
7%
Nov
37'%
Jan
5
Jan
4
98
Nov
12
78
Jan
2
16% Jun
7
7
May
19% Jan
12
2
———1
Jan
wd When distributed.
Special sales,
15%
28'A Jun
9% Jan
—No par
Zonite Products Corp
Cash sale,
30
,
37% July 13
4% May 10
2
x-Ex-dlvidends.
8%
Feb
1 J/2 May
87
Oct
12%
Jan
20
Transactions at lite New York Curb Exchange
Daily, Weekly and Yearly
Daily, Weekly and Yearly
Railroad
Stocks,
Number
Week Ended Dec.
of
Shares
17,19i3
Stocks
United States
and Miscel.
Foreign
Bonds
Total
Government
Bond
Bonds
Bonds
Monday™
Tuesday—:
Wednesday——
Friday
————
—
Total
—_
——
.
$15,000
166,800
11,500
8,346,400
9,209,000
328,000
517,000
10,054,000
Thursday
874,650
9,826,000
357,000
14,000
10,197,000
Friday
$10,164,900
$2,030,000
$724,300
Saturday——
Wednesday
1943
1942
$59,478,800
—-—,—
—.
569,000
MOO
468,000
13,000
630,000
646,000
748,000
15,000
14,000
M00
190,880
——-—-
—
$53,000
$3,000
$3,732,000
1,017,772
Total-—^
Jan. 1 to Dec. 17
1943
754,000
$3,676,000
1943
1942
Stocks—No.
Stocks—No.
of
shares—
5,023,719
270,389,650
$75,000
$4,059,375
2,030,000
,
4,138,580
3,073,000
'- 116,887,600
56,724,500
48,919,000
3,045,751,800
■
7
■;
of shares—.—
Government—
Bonds
Railroad
Total—
*
—
&
industrial
—
$724,300
$59,478,800
—
1,017,772
——
$T6oo
1942
936,080
763,000
1,000
8,000
571,000
481,000
~
762,000
Jan. 1 to Dec.i 17
1943
69,331,081
.
119,427,000'
—-——
Foreign government———
Foreign corporate—-——
2,102,847,100
3,000
$4,396,000 $211,409,000 $164,284,500
109,000
12,327,000
4,726,000
4,000
1,286,000
728,000
$3,732,000
:
Domestic
$6,459,050
$4,509,000 $225,022,000 $169,738,500
$3,678,000
53,000
—
$52,067,000 $3,166,698,775 $2,228,733,150
Slock and Bond Averages
Below
are
the daily closing averages of representative stocks and bonds listed on the New York Stock
10
30
Date-
trials
20
Rail¬
roads
Exchange as compiled by Dow, Jones & Co.:
—Bonds—
Stocks
Indus¬
18
Utili¬
ties
10
Total
10
First
Indus¬
Grade
Grade
trials
Rails
Rails
10
Second
65
Stocks
Utili¬
.
ties
Total
40
Bonds
December
135.28
33.29
21.85
46.84
107.00
101.15
66.03
110.26
96.11
ls
134.80
33.09
21.78
46.65
106.95
100.99
66.19
110.29
96.10
December
/
Il¬
December
.,
1942
20,680,476
116,848,060
Bonds
S.
Foreign
Total
$509,000
155,575
~—
$2,000
Week Ended Dec. 17
Week Ended Dec. 17
Foreign
Corporate
$507,000
163,182
9,705,200
404,000
$56,724,500
Government
148,645
191,325
11,011,300
380,000
7,930,900
4,138,580
Dome\tio
168,165
344,000
9,158,400
664,130
—
10,652,300
683,070
r——
———.—
Shares)
Week Ended Dec. 17,1943
$9,947,900
$217,000
Foreign
of
Sales
424,300
731,010
——
—
Bonds (Pat Value)
(Number
761,420
Saturday
U.
Jan
y Ex-rights,
Transactions at the New York Stock Exchange
.
Deo
2%
14—
134.19
32.85
21.76
46.43
106.90
101.20
66.07
110.29
96.24
96.11
December
15
134.18
33,03
21.70
46.47
107.00
101.42
66,25
110.29
December
16—
135.19
32.76
21.63
46.60
107.12
101.39
66.14
110.21
96.21
December
17——
135.44
33.21
21.78
46.83
107.12
101.46
66.61
110.22
96.35
Bond Record
-
,
Mew York Stock Exchange
«»
FRIDAY
1
week
"and
are
the column
The, italic letters in
York
Last
Interest
or
Government
S.
U,
—1947
4s
—~——1944
3%s..—.————1946
3'As
—...——1944
3l/es
—1946
3 '/as.
—
1949'
Treasury
Treasury
Treat»ry
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
M-8
A-Q
100 .29 100.29
100.29
103.3
105 .21 105.21
105.21
105.30
110.13
110.27
105.15
106
110.6
111.28
109.9
112.23
2%s_
Treasury
J-D
Treasury
Treasury
*111 18 111.20
*105 24 106.26
109.3
*111 7
111.9
108.15
J-D
108.21
108.26
112.20
*111 12 111.14
M-S
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury 2s
—u.,
1948
1948
1949
1949'
1949'
1950
1950
1951
—19511953June 15
—-——Mar
2s_.
—Dec
2s_^————Jun
2s._
—Sep
2s—.———-Dec
2s
March
2s„
;
Sept
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury 2s
—
—
Treasury
2s_
Treasury
2s
—
.
Treasury 1%8—»—'
Farm Mortgage
„
-
M-S
*103. 8
J-D
*•
107.6
Abs
Of
i960
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of
1927
3s
104
104
*100. 11 100.13
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ASinking fund 7s of 1926-^
ASinking fund 7s of 1927-;
•
■
100.21
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100
100
5
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100
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27
100
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M-S
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ACosta Rica (Rep of) 7s
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104.30
105.7
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101 17 101.17
101.17
102.13
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106.23
107.^
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,
J-D
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4 %s
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1950
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loTfT
3 02T7-
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104.20
104.20
1951
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100.26
100.28
1951
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100.14
101,2
1951
M-S
1952
101
101
101.7
100.23 7101;
9
.100.9
401
100.2
206
100.6
100 5
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3
100 18 100.19
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1953
101.7
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1952
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1948
',100.9
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.
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1949
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1952
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1947
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f A Dominican
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100.10 100.10
.
;
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•
54
-
;
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1103/4
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40
54%
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12
39
58
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55
(
20 Va
1
19
29
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102 %
102%
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103'4
99 %
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5
i
•
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•
V: A-O;
7
67 V'4
120
;
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;
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I:
"
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M-S
1945
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>King of Norway)
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JLJL''
«
■: *.2
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54 %
44
6%s_;
17
->1954
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J-D
assented
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(US»
—
62 %
•
17%
17%
15%
24
External
s
t 7s series B
1945
J-J
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24
s
f
__1945
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16
A
External
s
f 7s series D__—...1945
A
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s
f
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>100 V
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12
24
68%
85
75
62%
70
85
,
97
11
18
18 Va
18%.
91
18'/a
23%
18
80
%:
92
.
20%
17
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23 %
3
82 %
98
12%
13%
State
1
external
Q-J
J-D
...1945
J-J
J-J
s
s
i
........
external
40
15%
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18%.
14
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9
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31%
31%
32
13%
10
31%
18
33%
MS
MS
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335
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93
1959
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84
85
—
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A-0
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94
1944
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F-A
4%s—..
1956
M-S
fund
4%S—a. —1965
A-0
1963
F-A
1970
J-D
A-O
extl
loan.
Municipal Bank extl
.....
f 5s_—.
s
—
—
82%
93%
1958
......
fund
sink
11%
1952
.....
6s
sink
11%
*14%
1958
—
...1957
5s.
sink fund
10
a
(State)—r
5s...
f
18%
17%
—1959
—
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Wales
South
7s
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17
1—
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series
20
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.....
f 6 %s._—
s
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,
1?%
12
*11
M-N
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1913 assent. ...1933
6s of
Gerues
1943
e. —1945
—1954
1910
y8
24
Oslo
APanama
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85 %
98 %
98
98
98
95
82%
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96 3
96
96%
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94%
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*87
97
71
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90
72
90
15
17%
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17%
16
23%
Stamp
16
23%
Ext sec ref 3V2s series B_
series..1957
—1958
external 5s
(City)
*
17 V4
17%
A-0
56
57
3-D
2
17%
42
17
57
59%
f ext) conv loan
M-N
13
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M-N
94
94
94
23
84%
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84%
85%
109
78%
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A-O
85
85%,
39
79
85%*
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92%
93
,17
82
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90%
91
17
83%
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86%
87%
18
79
100% 100 Va
1
1972
100
100 %
100%
•
8 f extl iconv loan 4s Apr_
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5s of 1927_.___—.____1957
External g 4%s of
1928—-——1956
-1949
Belgium external 6V2s_
External s f 6s
i_.-1955
—
__
87%
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J-J
''
1
'
1955
J-D
(U 8 of l external 8s
1941
AExternal s f 6%s of 1926—.—1957
J-D
47 V4
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s
f 7s__
(A Brazil
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f 6V2s of
s
(Central
A7s
1957
J-D
fund gold 6s_
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—
(Dom
49%
78
34
51%
50
51
34%
53%
52
*91
92 V4
87
95 Va
F-A
a
92
83
a
87
f
of) 30-yr
...
92%
*95
M-8
100
M-8
77%
77 V2
18
68%
F-A
77%
78
Va
20
69% -78%
A-O
1975
M-N
—1960
4s
1961
1967
1968
..
77%
78%
70
11
78
78%
*53%
77%
56%
78%
79 %
,
J-J
101 %
M-N
80 %
1
107%
2
101%
101% 101%
12
97%
104 3/a
3
97%
2%s
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15
1948
J-J
103% 103%
26
101%
Jan
15
1953
J-J
103% 103 Va
2
101%
105%
—Jan
15
1958
J-J
*101% 102 %
100%
—
--
Carlsbad
(City)
(Rep)
8s„
1954
External
s
AExternal
assented
Extl
sinkimr
uos
nbs
A Extl
A 6s
For
18%
2
19%
19%
19%
1
M-N
18%
18%
18%
33
A-O
*19%
-w
24%
6s
«
see
page
12%
"2
1947
A-0
21%
21%
^..1968
A-0
11%
11%
s
f 7s.—.
..a
gold 8s—..1950
7%s__
.1966
Santa
ASao
municipal
Fe external sink
Paulo
IA San
(State)
extl
A 6s
17
33%
11
18
35
33%
33%
4
17%
35
4
73%
—..1966
§ A Secured
A
8s
A 7s
f
s
secured
series
8s
7s
external
s
iRepuhlie)
3%s-4-4%s
($
bonds
2C
25%
18%
25%
of
1937)
readiustment.
conversion—.
extl
conv...
readjustment
3%s extl readjustment...
AW'arsaw
(City)
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7
28
u^%
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'52
55
72 3
12%
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48
*10
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8
A-0
55%
,
—
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11
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.
11 Va
14 %
9%
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1.3 3
85
*88
8
95
84
98
4
20
87
1946
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32
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*86
78
88
—1964
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85%
88
64
72%
extl 8s
26 %
J 8%
5
4
J-J
—1955
f 5Yas
37/b-4%-4A
39%
35
1962
*
7s
19%
18%
52%
38%
1958
extl
fund 6s
9
32
35
1958
extl—
fund
2
39
33
J-J
1962
....
sec
sink
17
18%
17 %
40
*35
J-J
83 %
2
16
M-S
1940
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18%
30%
(Kingdom)
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19%
83%
35
30%
—1968
of)
Uruguay
83%
35
30%'
1950
A4%s assented.
A
83 V4
35
M-N
—.1936
loan.
B
(Citv)
M-S
M-N
1957
(Prov
Silesia
J-D
1952
f
Serbs Croats & Slovenes
26%
18%
20
24
34%
extl dollar loan
water
25%
MS
7
30%'
33%
external
A7s
19%
1961
38%
30
1950
A 8s
A
38%
30
34%
fund 4s—1964
s
25%
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54
102 34
M-N
(City of Brazil) 8s
Paulo
102
A-0
1967
26
18%
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54
*42 Va
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loan—
18%
19%
102%
34
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.1968
of 1926
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24
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.—1948
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MS
34
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(State of)—
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J-J
33
2
40
8s
A8s extl loan of 1921
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23
1961
17Vi
37%
25%
1961
17
2
32%
19
Sep
12%
35%
16%
18%
2
20%
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108
18
18%
14
*12%
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31%
11
20
173a
30%
57
18%
23
11%
30%
18%
20
21%
F-A
extl 63——v—1947
6%s„...—
sec
19%
18%
16
1
1
—.1953
AExtl
Rio Grande do Sul
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12
16
14 W
,13'/;
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*
J-J
23
,
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1963
18%
90%
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1981
2492.
12%
4
19%
1961
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A-0
25
A-O
Jan
assented
112
.1958
..2—i.
tClty of)
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assented-
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*4%
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Janeiro
1961
Jan
f 6s
sinking fund 6s
footnotes
Feb
19%
fund
(State)
i960
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assented
Att.v external
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1943
I960
.
sinking fund 6s
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A
18%
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1943
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*>7s assented
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de
Sydnev
AChile
23%
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105%
3s
103%
24
'
A-0
103%
3s
34
13%
12%
12
.1946
A Rio
104%
.
1«0
102%
107%
109
.
18%
19%
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111%
109
4
20
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101% 101%
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104 Va 104 Vi
J-J
31%
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APrague;(City ol Greater) 7%s—1952
97
-
31%
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(City of) 8s——1961
loan
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M-S
92
104
14%
1
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73
89%
104
*105
M-S
.
Queensland
94
*94%
f $ bonds...—.—1984
s
3%s
3s
3s
30-year
48%
•
1977
f 4%-4%s_
s
external
30-year
56
34
—1976
-1976
f 4Vb-4%s
s
read) 4%-4%s___
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25-year
49
sink
101
36%
78
J-D
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a.—-1961
stamped
Canada
■•-47
w
97
'
74
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2%
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-i-
50
73
A-0
%s assented
Alegre
70
J-D
%s assented—2—
APorto
(Province of)—
Buenos Aires
Refunding
—
49%
1950
(City) s f 5s
Sinking fund gold 5s
External
•
100
1958
.1957
Brisbane
Sinking
■
49%
A-O
—1952
1927
Ry),..___
.
96%
102
*100 Ye
49%'
A-O
*100
lOOVs
89
J-D
1961
f 6s 2d ser.
s
(Rep of)
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91
96%
i_^1959
6s 1st ser.—.I960
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A 4
•"
:
M-S
7s———1947
of)
f
A4%s assented
A 4
—..1967
72%
90
89
*81%
M-N
,
gold 6sr———1940
s
ANat Loan extl
"
1994
to...
external' 7s_
loan extl
f APoiand
ext
(State
iRepof)
A Nat
94
F-A
..1972
4s Feb.
3V4s
mod
APernambuco
101%
,1948
Jl.——1971
loan 4V2S
f conv
8
Stamped assented
Aperu
Government)—
S f external 4%s
8
A
M-N
I 5? ser A_1963
5s.i—_._1963
17%
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(National
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3
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A-O
A-0
Araentine
Australia
extl
(Repi
J-J
1st
f 7s 3rd
s
...1955
sink fund 4%s_.
(City)
f 7s 2d series___1957
sec s
sec
17%
series..—.1957
7s
AAntwerp
1
99
97
V
24
A
coll 7s A
tDept)
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A
—
1899
1904
4s
62%
A-External
TOO
r
—1945
4s of
External
54 %
31'
89%
■
•
.
V 19%
readjusted... ...1954
4s
stumped
Montevideo
55
46
83
18%
■
*101-
V2i'
8878
-
Irrigation—
A4%s
A 6s
511/2
72
42%
-
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F-A
72
f "
'
1
*96%
Norway
1968
6s_.—
85%'
86%
MS
*57
External
—1947
..1948
6s——
87%
,89%
72
A -O
New
73
'67%
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1-1693
74
-.42%
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(Colombia)—
Bank
tund
35
69%
I960
.—
(State Mtge Bk!
External
tund
601 'a
45
M-S.r'
.
7s. ...1957
A
Municipal
61
47%
4
67 Vi
80
A Sec
New York
Broadway,
38%
23
71
,
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,.-)9f-;8
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NY
72%'
'
;
V)9ft4
AAssenting 5s of 1899—
Teletype
1
60
71%
A-0
A Mexico
/
139%
*58%
i
7^.i_i._—.1967 ."•<VJ-JV
paid..
8 A Treasury
York Stock Exchange
107%
106%
30»/4
60
A-0
2
103
3
10
103
139% 139%
J-J
•997
72%
12
99%.
103
J-D
1926—l—*- 1940
5%s._.—1940
paid..
part,
paji
•
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Members New
101 J'a
100
*1003l2
*103 %
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A7s
Wertheim & Co.
60
*102%
Finland '(Republic!'pxtl 6s~U
J..1945
S
'(i.JP^eo.ch-Republic 7s stainped.i..—.21949 / .aJ-D ^
.7s upstamped—.—.2^.l.—V 19^9
,
; ;
38
57%,
M-S
Rep Cust Ad 5%Sj—1942
(Republic.of)
38
30%
57
-5%s 1st series.—
i7—;
.1969 /•
v?5%s 2d series....—^^.—^*19(59
; iA-Q
AEsfconla
37
30%
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.
Customs Admin ,5%s 2d series... 1961
r
'■
34
F-A
.1949
5A2<1 series sink fund
,•
.if-1
36
,
64
48%
*33%
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"
—i......1945
§Alst series 5%s of
t
10142.
102.27
101.5
;
*1
gold 5%s
V
—^1955
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100.29'
100.25
:i 01.11*102.2a
5V2S—
34
34
64
52
34
*33%
'
M-N
4%s————1949
AAssenting 4s of
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<j
38%
1
.1953
52
7
43
J-D
.
External
103.16
100.25
*100.20 100.22
:
—.1952
^
4
59%
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A Czechoslovakia (Rep of) 8s ser A.1951 *
ASinking. fund 8s series B—
1952 * ,f ADenmark 20-year extl
.1942 ,•
>100.9
Foreign Securities
sink
25l'a
42%
M-N
v
.
V
.
sink
18
59 %
debt..—l...—1977 j.: a J-D
fund 5%S_i—'....i,.—1953 '
J-J
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Mexican
AGtd
1
59%
external
;APublic .wks
lOO.^O
M00.12
100.10
1955
1955
>
loan
AMedtllln
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23%
42
A-O
—1947
r1951
(Republic of) 5s of 1904—^—1944
Mendo/a
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23
59
.1946
100.2
—
&
22%
16
42%
.1947
1
AJugosTaxla
Govt.
17%
9
59
Irish Free State ext 1 s i 5s
Foreign
1
17%
J-J
'
(Republic) s f 6s series A. —.1952
I960
HeJsingfors (City) extl 6V'38J—..
2-2300
241
is
23%
A-0
1961
1970
100.3
1950
1964
Jan
Haiti
REctor
24%
23%
17 Va
-
A-0
Oct" 1961
;
f $ bonds—i..
s
AColornbia
101*
100.10
external
100. 3
,
Telephone
24%
17
18%'
38
17%
J-D
24%
18%,
2
48
"7
17%
17%
17
' '■
'
*18
is
M-S
1951
-'
:
M-5
.I960
.—
—
1928
107.23
Greek
Issue—
Corporate Stock
17%
J-D
Transit Unification
3.%
.2'
18%
24%
24%
(Republic of)—•
104.20
City
York
New
,
106
103.10
M-S
1980
———-—1944l%«, series M
—1945-
3s series A
M-N
M-N
19
17%
"■7
17%
18%
« >
17%
.1962
(Hukuang Ry) 5s_
103.24
Loan Corp—
Home Owners'
Chinese
...
sink fund 6s.——1962
assented—
A 7s assented—.
a
19
A-O
25
17 Va
19
17%
■
25%
18%
"7
—
.
A-0
Chilean Cons Munic 7s
.
:
1944—1944-
3 Vis
*1961
106.20
107.4
*107, 2
*103. 18 103.20
Corp—
Federal
fund 6s_,
J-D
28
18%
39
17%
17%
*18 -'
".■■■■
J-D
assented————L—1961
a 6s
Colombia
*106, 14 106.16
*
J-D
M-S
.1947
Treasury 2s
A
*106 11 106.13
—
Treasury
;
10%"
25%
*103. 16103.17
1948
———
J-D
J-D
A6s
111.29
18%
26
18%
19%
18%'
*18
..
High
20%
••
18%.
J-D
AGuaranteed
111.26
*110 30 111.1
18%
Low
"4
*19%
•
...
M-N
1957
109.11
*109 1
J-D
.1963
AGuaranteed sink
.•
107.10
M-S
1965
M-N
Range Since
January 1
No.
20%
.18%
A-0
1963
A6V2S assented—..
—1957
ASmking fund 6%s
-1961
A6%s assented—1961
i
(
J-D
1962
fund 6s_
sinking
Sold
High
*19%
A-O
AChile Mortgage Bank 6%s
104.26
107.3
103. 17 103.17
MS
103.17
108.10
M-S
—
Treasury
111.3
nil 1
,
M-S
—.———1949 1953
.—1950 1952
2%s
:———1952 -1954
2%s
-1956 -1958
2%s
1962 -1967
2 %s
1963 -1968
2%s_.—
June 1964 1969
2 V28
Dec. 1964 -1969
2%s_.——
1967 1972
2 Vis
.—1951 •1953
2Vis—
———1952 1955
2 Vis
;—.-1954 ■1956
Treasury
*105 11 105.12
M-S
2 V2S
2 %s
Treasury
*110 4
1945
2%s
Treasury
110.6
3-D
1952
.1962
Bonds
Friday's
Low
■
assented——:—^
' A 6s
,.
'
/
or
Sale'Price Bid & Asked
Period
sinking fund 6s
AExternal
J-D
1956
Last
Interest
17
assented—
A 6s
105.3
Exchange
Dec.
(Continued)—
(Rep)
AExternal
1949
1963
.—1958
1960
23/4b_-_.
2%s
Treasury
Treasury
.Treasury
High
1946
3s
...1946
3s
——,_:_1951 1955
2%s
-—*—,-—1955 1960
23/4s____.-_-.~
.1945 1947
2%s___
——1948' 1951
1954
2%s
r
—1951
2%s——
1956 1959
Treasury
Chile
114.1
103.21
15103 10 103.11
Ended
Week
*106 .13 106.15
1948
Treasury
3s
3-D
1954
Low
112.18
112.2
*112
A-O
1952
—,
HO,
High
Low
*
4 Vis
Sold
York Stock
New
Range Since
January 1
Week's Range
Friday
BONDS
Bonds
Friday's
Sale Price Bid & Asked
Period
nBsns
Week's Range
Friday
Exchange
Dec. 17
Stock
Ended
Week
Treasury
YEARLY
-
mm
asm
BONDS
New
WEEKLY
-
Cash and deferred delivery sales are disregarded in the week's range, unless they are the omy transactions
in the week in which they occur. No account is taken of such sales in computing the range for the year
headed "Interest Period" indicate in each case the month when the bonds mature.
lnteresf-^-except for income and defaulted bonds.
and when outside of the regular weekly range are shown in a footnote
NOTICE-—Prices
the
Monday, December 20, 1943
CHRONICLE
THE COMMERCIAL & FINANCIAL
2488
external 7s
—
67%
68
37
1979
M-N
>.1979
M-N
*57
65
61%
69
.1978
J-D
*57
6*%
60
68
.1978
F-A
69%
69%
69%
66
72%
J-J
60
60
60
52%
66
1984
.1958
1958
F-A
F-A
*4%
*10
20
12
11
13
10
13%
" i-'t
BONUS
Ended
Week
•
,,
Stock Exchange
York
New
•
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4239
158
Volume
17
Dec.
■
•
Interest
•
,
,:.l
'
■
Period
;
bonds
Friday
Week's Range
.Lasts'
or Friday's
Bonds
High
.
..New York Stock
Range Since
Sold
'a
Sale Price Bid & Asked
Low
January 1
Low
Vo.
\
' •
gA5s series A unstamped..*.—1953
AStamped
———1953
Adams Express coil tr gold 4s'—:_1948
,
%
Exchange
tJACarolina Central 1st gtd 4s
J-D
71%
'
*68
M-6
*104'/a
J-D
48'%
__
Carriers
76%
64%
*98
„,
I'D
Cart & Adir
102
103
& Gen Corp
1st
Celanese Corp
104%
lOU;
*102%
—
Celotex
'
Branch
103%
106
104
101%
105%
A 1st
j-j
107
107
107
110
A-O
90
90
62
1948
A-O
90
90.
62
Albany & Susquehanna RR, 3'As.—1946
A-O
"101
1946
,
Bonds
98
J-J
Range Since
January 1
Sold
High,
AO.
•
.
90%
A
20
13
62
*107% 108
101
Div pur
A Mobile
99
Div
1st
107 Va
51%
"3
104% 104%
4
102%
101% 101%
1
100% 102%
51%
51%
104%
48
60%
105'A
J-D
50
50
50
10
30%
57%
F-A
88
87%
89%
70
68%
!
91
M-N
38%
37%
39
107
13%
13
23%
6%
50
13%
12%
13%
96
6%
*55%
57%
35
57%
27%
20
37%
1959
A-O
1959
A-O
gold 4s__1951
money
110%
1945
...1945
...
5% s series B
Ref & gen 5s series
109%
107%
194a
Nov
.....
& gen
AChatt
101'A
93 Va
100%
A Ref
90%
:
94%
A-O
mtge 5s
High
uvw
99%
tCentral of Georgia Ry—
■
——
J-J
..........1955
§ A Consol gold 5s
Albany,Perfor Wrap Pap 6s——1948
registered——
Friday's
109% 109%
—
F-A
1962
-
M-N
1981
PTst gold 4s
u
104
3As
1950
5s w w__.
Corp 3%s debs.
ACenr
104
1946
assented..
or
M-s
gtd gold 4s
104
warrants
J-J
1965
3%s debs.......
P-A
with
..1949
Ohio 4s
m-n
6s
Week's Range
Low
Carolina Clinch &
mtge
Alabama
Friday
Last
Sale Price Bid & Asked
High
3'As ser a___——...1967
Power 1st mtge 3'As—.-1972
10-year deb 4'As stamped _
Great Southern RE—
1st
Period
,
Coll trust 4s of 1907—.1947
Alabama
Interest
■,
Week Ended Dec. 17
•t
Railroad and .Industrial Companies
tAbitibi Power & Paper—
2489
gold 5s_
13
J-D
.1946
J-J
Light 3%s_.__._._1968
Eng 1st gtd 4s__..„.1961
19%
19%
'
4
Central
Alleghany Corp—
5s
5s
•;
modified...——^—.^—.—1949
modified—
—..—1950
A-O
Am
&
Amer I
'will.',
15
90
97
65%
r
66
8
105
104% 105
107 %
106% 107%,
4s—
5'As.———1949
conv
5'As—1949
Corp conv
95%
53%
J-J
85
82%
85
1987
1987
J-J
31%
28%
32%
497
18%
40%
31
26%
31
467
16%
jlj
38%
1987
29%
25%
29%
113
16%
36
10
106%
69%
102
tACentral of N J gen gold 5s
5s
110
4s
'88%
M-N
105
104% 105
6
103%
106
J-J
106%
106% 106%
3.
104
107%
A-O
108
107% 108%
registered...
Central Pacific
Telephone & Telegraph Co.-—
debentures.—————1961
3'As
.1966
3s conv deDCnturek.-——71956
Amer Tobacco Co deb 3s—.——1962
Am Wat Wks & Elec 6s series A...1975
3',As
debentures.——
...
AAnglo-Chilean Nitrate deb———1967
Ann Arbor 1st gold 4s__——-1995
Ry Bdge & Term 5s 1964
Ark & Memphis
(Del) 4s B—1955
fund 4s series C (Del).1957
& Co
Armour
sink
1st
debentures.——.1978
income
7s
27
113% 115%
155
107
113
100%
98%
110
45
51%
74
114
A-O
103%
109%
109% 110
67%
70%
74
Q-J
76%
102
105% 105 %
105%
J-.T
112% 113%
113%
A-O
78%
99%
A-O
F-A
93%
69%
66'A
85%
20
99%
93%
98%
93%
112%
71
29
107% 107%
F-A
1107/8
69'A
34
111
83
99%
1
71%
95
184
55%
71%
170
Banking—
Prod
1942
M-N
74%
1948
5'/as A
103%
M-8
100%
107'%
R
&
A
1st
Div
2d consol
..1996
73%
75
32
100
100%
132
m-s
132%
65
75
8
92%
2
102
F-A
J-J
137%
11
102%
108%
10
102
108%
11878
121
115%
120
J-J
1989
1989
130%
105% 106
106% 106%
105"
m-n
,..1946
gold 4s
cons
gold 4s
....
t A Chicago & Alton RR ref 3s_..._1949
114%
1U8%
63
..1992
1996
Potts Creek Br 1st 4s
106%:
103%
Chesapeake & Ohio Ry—
General gold 4%s
Ref & impt mtge 3'As D
Ref & impt M 3%s series E
102%
8
17
105%,
105
F-A
-
61
22
'102%
M-S
Certain-teed
105
14
M-S
M-N
70'A
&
*23%
A-O
9
61
117'A
103 % 103%
108
.
RR
§A5s stamped T-w.,
110%
107%
...1962
110%
107% 108%
J-D
Jan
107'A
34
111% 112
;.___...___1987
1st ref
gtd gold 4s_1949
Through Short L 1st gtd 4s_._._1954
Guaranteed gold 5s
.i960
Central
American
4s
Central N Y Power 3%s—
78% 7.91%
83
M-S
90%
registered.,
AGeneral
106
105%
66
A-O
New
94
62
Illinois
tACent
100'%.
60%
6
F-A
M-S
Pow
G Chem
Internat
Am
93'%
88%
89%
.
1952
deb 5s_.—— „2030
Mfg conv
Foreign
.50
4%s debs——1951
Corp
Stores
Allis-Chalmers
99%
02%
93%
4-0
A-O
& West 1st gtd 4s_.„..1998
70
99
99%
.
;
income.—1950
A5s
Alleghany
Allied
j-d
J-J
A-O
11
*120
c;T_.
*116
■
:
21%
.
__
20%
22%
793
102%
17
15 %
31%
Chicago Burlington & Quincy RR—
Atchison Topeka & Santa Fe
.....1995
,
119
119
AO
Adjustment gold 4s——_ .—1995
Nov
General
4s——.i——
Conv
1905
of
4s
Conv
Trans-Con Short L
30-year 5s series
L
&
—
.Oct
Second
*10231
.1948
4s_—_—
mortgage
Atl Gulf & W I SS coll
tr 5s.
1939
—
.1953
Refining deb -3s._
Atlantic
J-J
67%
89
90%
60
67%
68%
100
63
74%
'23
32%
F-A
91%
1997
..1982
j-j
48%
j-j
29%
40
31%
J-J
31%
31%
105 %
105 A
j-j
'
105 3i>,
:i9
m-s
series A—.'..
mtge inc
M-N
102%
164
81
99%
85
44
65
85
91%
92
104
73%
92%
47
'.
—
49
159
*124
73%
46
44
46
48
46%
48
43%
j-j
j-j
j-j
47
1.1947
j-j
—
inc
mtge 4%s._._.—
32
118
__
75%,
12038
AGen
49
124%
29
66
76%
53
38%
48%
1
31%
58
47
10
31%
53%
44
6
29 %
49%
75%
'
'
Refunding 4s series C___
A 1st
107
&
A 1st
105%
104
(conv)
JAChic Ind & Louisville ref 6s A..1947
ARefunding gold 5s series B____1947
A
100%
14
105% 105%
5s
105
97%
98%
102 'A
100%
96%
102%
1971
ref
AGen
45%
13
89%
37
*—
" 98
—
84%
1958
Chicago & Erie 1st gold 5s
89%
88%
1949
...
84%
73%
58
34%
registered..
&
92%
93%
Chicago Gt West 1st 4s series A___1988
93%
90%
89%
103% 1037a
Chicago & Eastern 111 RR—
104%
63
37
102
1037a
F-A
1st
110
J-D
M-N
102%
jZj
1.1977
114%
M-S
J-J
1949
....
98%
103%
,
j-j ;
1949
4s__~
1st & ref 4'As series B
102'A
104%
Division
M-S
108
107%
1944
4s
1949
registered':
General 4s_.
111%
102
*102^
1952
j
111%
112% 112%.
j-j
111%
105
j-d
.1948
Atlantic & Danville Ry 1st 4s_
—
104
J-J
A—. —1964
unified 4'As
coll gold 4s
N
*107
1st cons 4S„._..July 1952
Atlantic Coast
General
j-D
1946
.—
3'As
Illinois
107%
51
110%
1944
...
At! & Charl A L 1st 4'As A__
1st
*110
1958
1st 4s_,
1st gold 5s.
Knox & Nor
Atl
*110 'A
j-D
1960
of 1910
gold 4s
j-D
1955
95'A
105%
105%. 106%
106%
M-N
1955
—
—....
Illinois division 3%s
%
107
"
1995
Stamped 4s
——i—
Conv gold 4s of 1909
120
1 11'A
92
119%
107
*102
& gen
,
'
:-
M-N
1966
6s series B..__.May 1966
j-j
1956
May 1 1989
j-j
Chicago Ind & Sou 50-year 4s.
87a
9%
26
6%
9 3/a
j-j
5s series A
gen
~f.
10 %
17
6 3A
87
87%
2
66%
93
9%
k
15%
15%
tChicago Milwaukee & St Paul—
69
68%
71
375
433A
71
1.1989
j-j
6534
66%
25
40%
66%
j-j
72'A:
71%
73%
653
44%
74
AGen
4%s series C__._.-May 11989
4'As series E._..._May l 1989
j-j
72%
71%
73%
397
45
74
AGen
4%3
..May 1 1989
j-j
72%
71%
73%,
490
45%
73%
F-A
457a
45
47'%
4,765 V
18'A
47'A
A-O
123/a
'11%
14%
5,730
4'A
16'A
M-N
59
58%
59%,
11
32%
30%
60
60
59 'A
60%
41
33'/.
61
AGen
series
4s
A
AGen gold 3'As series B__May
B
1st
RR—
Ohio
&
Baltimore
4s—....—7_July 1948
mtge gold
AGen
A-O
70%
70%
69
59'A
115
75%
tChic Milw St Paul & Pac RR—
A
Mtge gold 5s series A.
,1975
ACouv adjustment 5s„...Jan 1 2000
Stamped modified bonds—
1st mtge gold
(int at 4%
Ref & gen
1946)
1
Dec
Ref
to
due.——July 1948
ser A (int at 1% to
1946)
1
Oct
1995
due
(int at l'/s%
due.—
—1995
ser C
to Dec 1 1946)
&
gen
D (int at 1 % to
due—
...—2000
Ref & gen ser F (int at 1% to
Sep 1 1946) due
1996
A Conv due..
Feb 1 1960
A-O
73
.73
71
"<
60%
365
1 1946)
42%
38%
42%
501
32%
j-d
46%
43%
46%
195
M-S
42%
39
42%
141
j-d
gold 4s extended to—1951
S'west Div 1st M, (int at 3'A%
•
1950
1959
due....
1947)
1
Toledo Cin Div ref 4s A
57
52%
.
-.1987
..1987
M-N
...1987
M-N
3%s~—;
gold
registered
4s
........
4s
l.___.._.._1987
M-N
AStpd 4s n p led inc tax.__.1987
4%s stpd Fed inc tAx.
1987
M-N
59%
60%.
18
33%
60%
M-N
607a
62
17
34
63
61%
62%
71
33%
64 »A
4s
registered.'...
AGen
M-N
32
62
00%;
M-S
42%
38%
42%
282
32%
52%
AGen
f-a
31
29%
31
436
24%
37%
A4'As stamped....—^..—.——>..1987
M-N
73%
72s/a
74
37
393/4
78
65'A
1936
ref gold 5s_______May 1 2037
ref 4'As stpd
—May 1 2037
M-N
107
j-d
45 %
453A
46%
20
23%
48%
j-d
45
44%
45%
40
22%
49%
j-d :
45
45
11
23
49%
M-N
11%
H
12 3/a
834
4
72'/a
stpd Fed inc tax______1987
5s
m-n
63%
64%
51%
70
A 1st &
6'As
A 1st
j-j
57
54%
57
j-j
56%
53'A
&
&
:
40'A
62
A 1st
46
251
56%.
61»A
AConv 4%s series A
4'As
ref
.May 1 2037
C
.1949
Railways 1st .5s stpd
25% part paid
.....——1927
JAChic R I & Pac Ry gen 4s._._—1988
ACertificates of deposit...^—....
§ ARefunding gold 4s_____—..1934
§ASecured 4'As series A..:
.1952
-AConv gold 4%s——
..I960
Chicago St L & New Orleans 5s
1S51
76%
12
5944
76%
60
10'
76%:
76
J-J
76%
'
J-J
75%
75%
*48%
A-O
a-o
V
45'A
99
-
49
*..
62
35%
.43
60%
15
Big Sandy 1st mtge 4s—
1944
Boston & Maine 1st 5s A C_.__..... 1967
—1955
series II
1st
M
1st
gpid 434s series
1st
fh(ge 4s series RR——
J-J
35
377a
2,774
19
377a
37%
41
1,077
20%
41
8%
945
4%
101
6
103%
105%
Gold
——
1951
j-d
103%
106 '
Memphis Div 1st gold 4s_—
1951
j-d
5s_„l&60
j-d
102'A 102'A
f-a
r> a
100%
105%
103
j-d
*92%
M-S
M-N
Chic T H & Southeastern 1st
guaranteed 5s_.—Dec 1 1960
ACertificates of deposit
10?% 103
78
93%'
94
Chicago
80
90
90
90
4
13%
70
64%
75
53%
64%
92
67
*71
82%
82%
83%
29
73%
71
49%
49%
50
98
39%
58
F-A
40 '/a'
40%
45
23%
'A
1966
M-N
108%
M-N
104
.1947
M-N
108'A 108%
.1950
j-D
109
j-j
103%
...1952
j-j
104 3/a
.—1962
111
J-J
m-S
...1943
A-O
14
62'/a
75
60
11
49
62
-
59
55%
56%
108% 109
31
107%
1103/4
100
105'A
103% 103%
21
103% 1043/a
21
947a
105'A
104% 104%
12
97
105%
46
Bklyn Edison cons M 3'AsI—__.
1950
Bklyn Union El 1st gold 5s_——
5s_1945
Bklyn Union Gas 1st eons gold
74%
597a
*50
...1963
86%
M-N
74
597a
...1963
91
j-J
A.——July 1970
1 ABoston & N Y Air L 1st 4s
.1955
m-s
Station
Union
101%
92%
*101
j-d
9s/a
103
102%
18
*104'A 105
73%
93/8
98%
3'As
58
40%
5
*104 'A 104%
j-j
617a
35
37%
100%
104'A 104'A
a-o
337a
21
M-S
132'A
99'A
■
46%
933
58
A-O
99'A
128%
8
100% 100 Va'
.
35
61%
M-N
82%
4
100% 100%
100%
61'A
73%
58
58
F-A
129% 129%
iii %
j-D
a-o
.
A.
*98
j-D
Income
5s
60
JJAChicago
_—.1951
stamped..—————.—1951
Battle Creek b Sturgis 1st gtd 3s„1989
Beech Creek Extension 1st 3'As..L_1951
Bell Telephone of Pa 5s series C—.I960
Beneficial Indus Loan 2'/4S—
.1950
2%s debentures—
,
.1956
Beth Steel 3'As conv debs..
.1952
Consol mtge 3'As series F——.1959
Cobsol mtge 3s series G——1960
Consol mtge 314s series H—1965
ref 4s
Con
,?5%!;
32%
.
,■
Aroostook RR—
Bangor &
AGeneral
AGeneral
§ASecured
Ref
Jan
52%
3%s
Pgh L E & W Va System—
to
77%
^Chicago & North Western Ry—
Ref Si gen ser
Sep
F_
series
AInc
JJ———1961
...I960
hrtge 4'As ser
& ref
1st Tien
Debenture
os
series A.—
gold 5s
1957
5s series B_
1st lien & ref
—1981
4'As B—i
Buffalo Niag Elec 3'As series C —1967
Buffalo Rochester & Pgh Ry— =•
Buffalo Gen Elec
3%
to
(interest
modified
Stamped
1946)
*91
A-O
39%
■
109'A 109'A
*100%
f-a
-r
101
—
104%"
95%
95
95
17
103%
104'A
109'/a
83%; 96%
25
3
99
105%
111% 111%
111%
11
110
115%
109
110%
*109
j-d
1957
Bush
m-n
43
45
45
35'A
133
.
50
9
38
54
56
80
28%
107% 107%
4
108%
111 1/4
108% 108'A
4
108%
112
109% 1093/4
12
A-O
21%
22a
1st 4s——1952
5s—
——.1955
—1960
gtd.:
7-o
22%
267
n%;
52
11
16
I 77
*86%
,
81
92-
66
86
87
58
66%
A-O
Canada
Southern
Canadian
cons
National
gold
Guaranteed
gold
gold
i960
J-D
J-J
56'/a
547a
1st 4s__-_u.
.1991
J-J
52 3/a
523/a
St L Div 1st coll tr gold 4s___
Cleveland Elec Ilium 3s____——
.1990
m-n
.1970
J-J
Cin Wab b M Div
A-O
1957
92
Pittsburgh
&
Cleveland
75
Series
C
3'As
Series
88%
D
3'As
gtd
gtd
J-j
.'—Oct
Guaranteed gold 5s
Guaranteed gold
1970
4%s__I__
Guaranteed
Guaranteed
Canadian
gold
gold
4'As.
4'As
""1955
""
1956
IIII—1951
6%s.II1946
perpetual
Northern Ry deb
Can Pac Ry 4%
deb stk
5s
equipment trust ctfs_.,
Coll trust gold 5s
Collateral
For
1969
trust
footnotes
4'As
see
page
"1944
II1954
_IIII~1960
2492,
■
J-D
——
115%
84%
A
F-A
J-J
—
118%
109
113%
118%
115% 115%
1
113%
118% "
•,
<Sz Southern
(stamped
4'As
Columbus &
118
Columbus &
102'%
103% 104'A
J-j
100
99% 100
19
102
105
.....
'
11
83'A
106%
109%
105
*108
r
__
108
105
*106
..
108
108
...
106
*106
71
99
75%
94%
A-O/
84
82 %
8434
61
64%
87'A
757^|;' 74% 757a
53
A-O
II
593/4
1033/4
80
87'A
78'A
104
933/4
C/*c'.v
Columbus
1980
May 1952
..1961
H V 1st extl gold 4s__1948
Sou Ohio El 3%s
1970
Tol 1st extl 4s
..1955
&
ACommercial
Income
deb
Mackay Corp—
w w———.Apr I 1969
M-N
12
95%
105%
23
91
101V*
Conv
mtge 3'As series I—
debs 3'As
1968
1958
48%
487a
49%
37
46'A
53%
Af-N
104
103% 104
38
92'A
1047a
j-j
103'A
103% 1037a
53
88
1033A
*109'/a
A-O
M-s
108
F-A
*113%
May
111'A
Commonwealth Edison Co—
1st
.
Ry.—~
modified).
deb 5s
Debenture 5s
119%
88%-
106 'A 106%
;
'<••(:/
Columbia G & E
113%
106 3A
'
113%
114
65
79%,
11
1970
111%
71%
61
587a
41
mtge..
3
110%
90 3/a
46
95%
943/a
J-D
10
112,
15
95 kr
95
93%,; ; 93%
A-O
115% 115%
26
53'A
89%
46 3/4
A-O
A-O
1945
f 4'As series C
Colorado
111%
106%
74
*78%
F-A
1977
s
Colo Fuel & Iron 5s inc
1
*111% 111%
85
84%
201
M-N
1977
..—
•
2
102
J-j
M-S
96
37
111'A 111%
f-a
j-d
1948
—1950
1981
116% 116%
J-j
f-a
79
71
85 »A
56%
•
56
J
Coal River Ry 1st gtd 4s....—
0,.:'
115% 115%.
106% 106%
106%
J-j
A-O
2
14
.J'"'.
*91%
RR—
Gen & ref 4'As series B
1961
Cleve Short Line 1st gtd 4%s_1972
Cleve Union Term gtd 5%s._
.—1973
1st s f 5s series B gtd...—.
109%
95
116'A 116%
j-j
_^"julyl969
5s_
94%
88'A
88
J-D
68
108% 1103/4
109%, ,113
"112
.1977
97
,
ittV'
*109
A-O
aIIIi962
4'As.
5s
Guaranteed
4s
gtd 5s
M-N
.1993
1st
California-Oregon Power
j-D
Ref & impt 4%s series
General 4'As series
;
107%
General 5s series B—______—
,r
;
F-A
F-A
General
22'A
j-j
_
...1969
gtd 3%s series E__._
Chic & St Louis Ry—
.1993
gold 4s
Cleve Cm
23%
21%
5s
1st mtge
50%
20%
—1934
...
deposit—
Term Bldgs 5s
41
48
56
■
§ A 1st & coll 5s—
Bush Terminal
Consolidated
19
48
M-N
;
JBurlington Cedar Rap & Nor—
of
49'A
A-O
...1952
tAChoctaw Ok & Gull cons■■5s—
...1966
Cincinnati Gas & Elec 3%s
—1967
1st mtge 3'As
—
—1971
Cin Union Term 1st gtd 3'As D_
ADebenture
105%
12-
48%
...1957
JAChilds Co deb 5s—
101
.
at
due
ACertificates
-
104% 105'A
M-N
f-a
94
J-J
*
111% 111%
112
112
112
25
110%
111
112%
—
1087a 109
j-d
1093/4
1073A
—
108'
1123/4
54'
114
6
1087a
111%
65
1087a
115'A
THE COMMERCIAL &
2490
Monday,. December 20, 1943
FINANCIAL CHRONICLE
NEW YORK BOND RECORD
Ended
Week
Hiah
Low
Conn
3'/as
debentures
3%s
debentures
—
deb 4s—
£ A Con sol Ry non-conv
Debenture
4s
Power Co—
mtge 3 Vis—'.
1st
Crucible Steel 3Vis s
Cuba RR
40%
39%
41
1003v
19
32
18
92
100
100
J-J
108
108%
108
110%
Inland Steel
111%
101
103%
Inspiration Cons Copper 4s_;
Interlake Iron conv deb 4s
Detroit
Detroit Term
& Tunnel
1
104%
103
3-3
43%
44%
140
21%
45 ' t
44%
45
16
22%
A-O
5
39%
5%
88
3%
4%
4%
277
3%
39%
29
18%
39
M-3
25
99%
98
99%
6%
21
*—
3-3
46%
102
24%
52%
16%
18
291
6%
24%
42 %4
44
23%
48
3-J
41 %
42
27
23%
48%
52%
53
51
38%
70
89
James Frankl
Jones
Empire Gas &
20%
of
ACertificates
"89%
Kansas City
112%
Kansas
104% 104%
6
103%
107%
Kentucky Central gold
*40
110%
26
85%
102 Va
*102% 102%
108% 108 %
22 %
9
{Fonda Johns & Glover
§A2-4s
A
*107% 108%
—
3-J
,
1962
&
J-3
1947
—1971
v..
i
148
■'
~T—
■
103%
33%
.1982
'■
.1956
•
'
:
95
ref
&
—1959
Gas Light
ref 5 %s series D
99%
92%
101%
.,
.55
227
106%
99
9f
102
102%
83
-r
•
5s extended at
3%
;
Lautaro Nitrate Co Ltd—
1
■
■
•
99
41
35%
20
38%
U
w—
12%
16
98%
•
15
4%
14%
102%
103%
80 Va
—
*97%
99%
101% 101 Vi
101%
21%
3-3
87
98
21
22%
47
19
44
3-3
J-3
44
1
105% 105%
M-8
2
101% 101%
J-D
1
99%
103
34%
6
55 Va.
109
99%
109
112 Vi
General 5Vis series B
3-3
112%
112
112%
12
102%
112%
General 5s series C——
3-3
105%
105% 106%
11
92%
108 Vi
——1952
1973
General 4Vis series D
1976
General 4%s series E
1977
General mtge 4s series G—.—.1946
3-3
99%
99% 100
34
83%
102 Va
3-ii
98
97%
98
17
83%
100%
3-3
102%
3-3
,
102%'
.
89%
3-3
Hudson Coal 1st
Hudson
Co
Gas
s
4
24
63
69%
94%
54
69 Vi
97
13
102%
109%
97%
106
111%
*130% 133
84% 84%
105% 105 %
51%
53%
127
.
10
80
1
103
89
133 Va
95
Va
101%
96
73
74%
62
64%
10
62
71
5s—1954
Lehigh Valley N Y 4%s ext—1950
F-A
55
%
54%
55 Va
13
44
66
J-J
62%
62%
63 V*.
31
52%
75%
Jf-N
32
32
179
29%
42%
28%
40
35%
182
32%
45
31%
41%
5s
'
Leh Val Harbor Term gtd
Lehigh Valley RR—
4s stamped modified———2003
stamped
34%
35%
M-N
*—
■
33%
73
M-\N
41
39
41
56
35%
A-O
Lehigh Valley Terminal Ry ext 5s~1951
Lex & Eastern 1st 50-yr 5s gtd——1965
Libby McNeil & Libby 4s„_■
—1955
Liggett & Myers Tobacco 7s_
-1-1944
5s
31
*30%
—2003
2003
2003
2003
registered.-—
63%
62%
62%
63%
20
55%
123% 123%
1
115
123%
105% 106
3
105%
107%.
104
A-O
106
J-3
A-O
104 Si 104 Hi
121% 122'%
75
14
si
109%
121%
1
F-A
debenture———————1951
50
123 Vi
gen
*107%
M-N
1962
—1950
Long Island unified 4s__
_1949
Guaranteed ref gold 4s
1949
4s
stamped
—1949
LoriJlard <P) Co deb 5s_———1951
Little Miami
4s series A
107%
Va
1
104
a
99%
104%
104%
M-8
104
104
11
98%
M-8
-
105
105
104
104
M-8
103
105
105
A-O
Long Dock Co 3%s ext to—
106
104
104
13
98%
-1963
A-O
J-J
101% 101%
101%
Louisiana & Ark 1st 5s series A—1969
93%
104%
120
56
%
47
122 Va
101
*120 Va 122
F-A
102 %
3s
debentures
B___. —2003
'
88
ref 4%s series C
—2003
ref 4s
A-O
series
D—
—2003
1st & ref 3%s series E
Unif mtge 3%s series A ext—. —1950
—1960
Unif mtge 4s series B ext
—1946
—
40%
117%
54%
89
46%
25%
25%
26%
173
19%
31
Ry joint monon 4s
1952
Atl Knox & Cine Div 4s_,
—1955
.1951
J-J
.1951
J-J
*97%
A-O
*97
.1951
M-S
.1952
A-O
.1955
M-N
60
.1952
J-J
58
.1953
M-N
60%
60
—
100
.
mtge 4%s series A^
4,
•
J-J
"
__
105%
88%
100
92 V4
92%
85
76
103% 103%
26
3
95 Va
102% 105%
106 %
103
*98
109%
105
94
78%
*104
107
104%
102
102
94
105%
94
102%
110
23
Vi
*112%
M-N
1960
J-D
M-N
Sugar 4s sink fund_.Feb 1 1957
s
f 5s—
RR (Southern Lines)
1953
4s
1959
104%
{§AMariitowoc Green Bay & North¬
western 1st gtd 3% s
.—1941
100%
Marion
111%
92%
97
96
97
60%
60%
51%
65
Steam
Shovel
Stamped
s
f
6s.
12
84%
94
50%
50%
51
28
47%
59
66
64%
66
52
49%
91%
M-8
*52%
Af-N
*25%
J-J
66
66
:
A-O
66
50
39
5
101
2
70
100%
103
100
*101
101
■
56
50
—
■
70
45%
•
A-O
1947
91%
102%
.
*
65
61%
32
59%
60%
55
47
60%
57%
58
17
43%
59%
61
33
46%
62 Va
60%
94%
M
101%
Illinois Central RR-
.1951
.
—-
J-D
97%
*99%
■
1945
Maine Central RR 4s series A_,
A Manila
13
103%
1.9
99"
*93 %
M-S
AManila Elec RR & Lt
101% 101%
..
1
14
98%
106% 106 %
—
F-A
,
.
103%
J-J
61%
A-O
J-J
•
92%
A-O
J-J
118%
53%
.1981
99
62%
53%
*116% 118
104%
M-S
Div'2d gold 3s_—. —1980
Montg 1st gold 4%s__. —1945
108
107V4 107 V4
A-O
—2003
South
104%
104 Va 104%
A-O
ref 5s series
&
&
111%
102%
93
& Nashville RR—
&
&
94%
109%
93
Af-S
1st
1st
78%
109%
102% 102%
*108
M-S
gtd 4s—1945
Jeff Bridge Co
Louisville
1966
Gas & Elfce 3%s
105%
F-A
87
r-
64
Mob
M-N
page 2492,
94
1
95
14%
89%
Feb 1957
see
4
100% 101%
73%
64
Manati
For footnotes
98
M-S
6t Louis
Va
98 %
75
64
9
~1
13%
88%
*110%
61
78
18
F-A
Lou &
M-N
gold 3s sterling.
55
97,
-1974
stamped—i.-—1974
Gen
lst
97.
96%
A-O
1st & ref sink fund 5s—
69%
103% 103%
•,
96 V2
J-J
."•.1st & ref sink fund 5s————1964
5s
stamped——
—1964
58
70
1st 5s A—1957
AAdj income 5s
97
J-3
89%
Louisville
*97
53%
52
93
93 Vi
A-O
M-N
5
71%
103 Vi
3-3
J-D
64
83
M)5%
3-J
1949
62%
85
75%
1937
gold 5s
89%
64
% Dec
88%
99
1999
f 5s series A_„1962
1st
Hudson & Manhattan
93 Va
80
75
99%
;—_1954
4Vis debs
83%
5
86
73
H
Oil
27
87%
,——1954
Paducah & Mem Div 4s
Houston
93%
87%
*84
24
& Ship Island
Hocking Valley Ry 1st 4Vis—
{§AHousatonic Ry cons gold 5s
99%
101
93
93%
J-D
1st
M-N
99%
85
*50%
44
62%
63
3-3
85%
64
*60
90%
13%
Feb
98%
80
99 Va
F-A
102 Vi 102%
*62%
Feb
1
99%
98%
•
F-A
102% 102%
89%
90
3-J
4%
101%
97
*100
J-D
30
103%
104%
•:
98%
,
"
'••%
stamped.—:
5s
108 Va
19%
*103
•'
108%
99% 161%
J-D
Lehigh Valley Coal Co—
1st & ref sink fund 5s—
--—1954
103%
76%
4%
1%
3-J
reg—1975
Lehigh Coal & Nar s I 4V2S A
1954
Cons sink fund 4y2S series C_
-1954
Lehigh & New Eng RR 4s A—j.
1965
Lehigh & N Y 1st gtd $old 4s——1945
105
9
44
100%
•••■ •
mtge^ income
A 1st
104%
79
13
5
18
100% 100%
99
V 99
—1997
^
V
A-O
F-A
to—
3VzS- registered—
65V*
36
12
12%
106%
,108%
4 Va
3%
F-A
—1947
Lake Sh & Mich Sou gold 3%s
1997
.
107%
99
9
105
105 Va
103% 103%
-1945
ref 5%s series C—
Coll &
100 V*
61%
175%
107
7
107
106
M-8
1953
—1960
extd 5s-__
COU &
98
153
93%
170%
*109
107
M-8
31
.
61
85
*105% 107 V»
3-J
3-J
M-3
ctfs-L
46
:
*160 Va
A-O
1954
6%s
Lake Erie & Western RR—
110% 110%
RR—
1st & ref Term M 5s stpd
—1952
Gulf States Steel s f 4Vis—
1961
Gulf States Util 3%s series D—.1—1969
118
*114% 120
88%
80%
110%
Gulf
111%
75
83
Laclede
102
3-3
AGen
110%
62%
*88%
1st
J-D
1949
Gen Steel Castings 5Vis——1949
{AGeorgia & Ala Ry 5s
Oct 11945
{§AGa Caro & Nor 1st ext 6s——1934
Goodrich (B Fj 1st 4 Vis—-1956
Gotham Hosiery deb 5s w w
—1946
Grays Point Term 1st gtd 5s
—1947
Great Northern 4Vis series A~
1961
1975
mtge inc 5s series A——2015
78%
105%
151%
35%
M-N
.
69%
17
J-J
106%
98
:
35%
.w—
ctfs B
49
107% 108
89
108%
35%
.
J-D
.1956
West deb ctfs A
32
73%
107%
Va
91
61
93%
82%
*110
■*—'J*
1
M-N
Elec of Berg Co cons 5s
ADebentures
69 Va
73%
73%
J-3
»o
61%
*93%
5s stamped modified-——.—
AGreen Bay &
68%
69
J-J
86
209
J-3
% 65
102
—-
Gulf Mobile & Ohio 4s series B
5
a"o
——
1
*102% 103%
M-S
1946
1967
69%
69%
62
78%
103% 103%
\ j
—
J-D
.1974
mtge 3%s series I—
71
92
80
107
J-J
.1959
mtge 4s series H—
98'/a
69%
—I960
modified
4%s registered—
Gen
98%
71
67
96%
*52%
4V2S
Gen
98%
A-O
46%
94
123
*90
4s
Gas &
96
J-J
;
60 %
61
M-N
.1943
debs
58%
95%
HI
102%
64
23
57%
95%
J-3
4
99 Va
Af-N
.1958
6
3-J
Plain
109
100%
16
101%
101% 101%
101%
•
M-S
.1961
3%,
A-O
'
coll trust 6s
85 Va
1%
J-3
impt
78%
-
99%
*
J-J
(Proof of claim)
of deposit-
66%
40
69%
City Term 1st 4s—
79
—
—
J-J
107
■103
6
•
101
—
''
•
•
111
*106
M-8
Certificates
Francisco Sugar
'
M-N
RR—
Food Machinery Corp 3s
111
*145
'
fc~
1
V
3-D
2015
Rub 3s deb
debs
—
{AFlorida Cent & Peninsular 5s—
{Florida East Coast 1st 4 Vis
A 1st & ref 5s series A
A Certificates
of deposit
110
Koppers Co 1st mtge 3%s„——;—1961
Kresge Foundation 3% notes
,—1950
1995
Flintkote Co 3s
83%
3
4s————1987
107% .111%
14
109% 109%
109%
106 Vi
4
94
9"i
3-3
3-3
A-O
Firestone Tire &
83
3%
,————1961
4%s unguaranteed—-.
—1961
Kings County El L & P 6s
.1997
Kings Co Lighting ist 5s—.
1954
99%
M-S
A-O
—
80%
83%
Kentucky & Ind Term 4%s——-1961
Stamped ———
1961
34
99
97%
Ref
51
29 Vi
*23%
.
40
41
A-O
—1965
Fuel 3Vis———
63%
3-D
1961
Southern Ry 1st 3s__-1950
5s
i
.-—Apr 1950
112%
.—1965
Railroad Co—
4s series B
AGen mtge inc 4Vis series A_
N Y & Erie RR ektl 1st 4s-
115
deposit—
109 %
A-O
1st cons M
102 Va
78%
K
109%
M-N
Erie
101%
95%
103
77 '/4
M-8
gold 4s__1990
{§AK C Ft S & M Ry ref gold 4s_ 1936
1
M-N
——
107%
92
F-A
Kanawha & Mich 1st gtd
3
3-D
—
105%
104%
6
78
12 %
110% 110%
.—1956
3 Vis
102%
16
*101
F-A
12%
45
110% 110 Vi
.—1948
Elgin Joliet & East Ry
El Paso & S W 1st 5s
5s
stamped—.
15
97 V2
96%
3-J
& Clear 1st 4s_—1959
3-D
.—1970
%
106% 107
Af-N
1951
Laughlin Steel 3 V4S—
&
3-D
& Ga Div 1st 5s—
1995
1st cons gold 5s__
.—1950
23Vis debs
Minn
Va
Ed El 111 (NY)
Elec Auto-Lite
V*
104 V4 105
107
M-8
-1955
& ref 4s
Cent Ry 1st
A Iowa
53
J-3
,-1947
——
44%
.46%
A-O
4V2S—1952
& Teleg deb gold
M-S
Nor Div 1st 4s—
East Tenn
J-J
—1972
1st 5s B_.
& ref 6V2S——
lien
{AKreuger & Toll 5s
East Ry
A-O
41
A-O"
1950
47%
108 %
50 %
..
5Vi
4%
F-A
Chemical deb 2 Vis———1962
Dul Miss & Iron Range Ry 3Vis
—1937
{§ ADul Sou Shore & Atl gold 5s
.—1965
Duquesne Light 1st M 3Vis
99%
24%
,
49%
F-A
Dow
82
108%
44
•17
Int Telep
80%
44%
3-3
—1961
103
99
98%
*40
*108% 110
.42%
1st
103
74
77%
1947
4%s_,—
98%
108%
1
286
M-N
1935
ASeconci gold 4s—-----—~
56%
J-J
series B
5s
Int Rys Cent Amer
101
77%,
103
103
3-D
1st. gtd 4Vis- __1965
series F—.
—1966
3 Vis series G
1970
& ref 3s series H———
4s 1995
& Mackinac 1st lien gold
—1995
43%
A-O
39%
75%
105% 105%
3-3
1st mtge 3s
1970
Vis series B—r965
4s extended—1963
;§ADen & R G 1st cons gold 4s—1936
gAConsol gold 4Vis.—...
1936
JADenv & R G W gen 5s——Aug 1955
AAssented (subject to plan)——
ARef & impt 5s series B—
-1978
180
—1956
*
Dayton Union Ry 3
Delaware & Hudson
53%
gold 5s series C
.-——1956
Hydro El deb 6s——1944
Internat Paper 5s series A & B
1947
Ref sink fund 6s series A——1955
48
96%
1st mtge
Debentures 5s—,
Dayton P & L
51%
A 1st
51%
26%
23,
53
Internat
40%
42
100% 101
100%
A-O
60
3-D
A 1st
27%
39
*36%
47%
AAdjustment 6s series A—July 1952
98 Va
36
*50
230
45
44%
—
57%
40
53%
3-D
56
106%
30
12
57%
102%
38
38
80
3-D
104%
4
37%
65
i2%
101%
53
*50
79
48%
95
102% 104
53
__
9
10
65
79 ••
F-A
104% 104%.
*101% 102
27
—
63%
*87%
65'
<
3-J
*102% 103
32%
3-D
61
A-O
20
Il946
47-%
A-O
44%
*43%
7
—1947
{AInter-Great. Nor 1st 6s series A-1952
37
3-3
61
.-—1952
37
93
59
J-3
ser B_1986
3s. series F—1961
109 Va
44%
~1952
61
3-J
Indianapolis Union Ry 3%s
112%
108 Vi
1
61
-1963
1st gold 4s
106%
23
77
42
1963
1st ref 5s -series A—
Joint
110
98%
58
11
J-J
97%
receipts
;
"l946
extended to
—
ADeposit receipts
ll955
Curtis Publishing Co 3s deb--,-—-..
Gen
——
12
60
m-a
3-D
CtfS—_
3 % s_
78%
72%
59
3-J
3-D
—
& Ft Dodge 4s
3s
63%
72
'60
3-3
—1950
.1942
series B
tADes M
1st gold
*77%
J-3
{Alnd & Louisville 1st gtd 4s_—1956
.1955
{ADes Plains Val
Detroit Edison 4s
Gen & ref mtge
1951
3s—1951
1951
-F-A
Ind 111 & Iowa
A-O
extended to—
1
111%
M-N
10
97
115
97
110
M-N
102% 102%
54 V»
85
49
97
111 Cent and Chic St L & N O—
51 Vi
.1969
31
67%
42%
47 %
14
108% 109
56%
97
12
110'/a 110 Vi
107% 107%,
108%
High
71
.
47%
Gold
51%
,
67%
J-D
:
Springfield Div 1st gold 3 V2S—1951
Western Lines 1st gold 4s
—1951
103
109
*109% 110
—
66%
U-N
F-A
.U
St. Louis Div & Term gold
Vi
.1950
.
5Va?
1955
-
1st & ref 4%s series C—
ADeposit
A 6s
33
391/4
51
.1966
receipts
ADeposit
31%
41
M-N
f debs
1st 5s gold
A7Vis series A
103%
3
40%
.1970
—
fcACuba Northern Ry 1st
ADeposit receipts—,
A
105%
23
40 Vi
Low
No.
I9te6
4%s
Omaha Div
108%
109%
J-J
M-N
—
—*
f debs
Co 2Vis s
Crane
106
391/2
M-N
mtge 3 Vis—
;
7
16
J-J
.1967
*-•
mtge 3Vis
107 %
104%
Range Since
January 1
Sold
High
Bridge gold 4s
--—1950
Litchfield Div 1st gold 3s_^_—,.1951
Louisville Div & Term gold 3%s_1953
104%
103%
17
.1965
mtge 3Vis—
1st
1st
100%
18
105% 105 7/8
J-J
.1960
mtge 3Vis—
1st
1st
21
.1956
——
Consolidation Coal s f 5s—
Consumers
40-year
.1955
4s
ADebenture
102
106% 107%
J-D
.1954
111
100%
105 Va 105%
107%
J-J
.1951
3%s—
108%
refunding 5s__
1011/4 101%
A-O
Bonds
Friday's
Illinois Central RR—(Continued)
114
103% 104
101 Vi
A-O
.1958
:
Consolidated Oil conv deb
102
or
Sale Price Bid & Asked
Period
17
Cairo
A-O
.1948
.1956
debentures
A
102
Last
Interest
Exchange
Dec.
Low
"I
109 y2 IO9>/2
.1946
debentures,—-——.—-
3 %s
Ended
5
F-A
Cigar
3Vis
113%
—
J-J
1961
3Vis s. f. debs1-1953
Consolidated Edison of New YorkConsolidated
*113%
J-J
1951
L 1st & ret 41/2 8
River Power s f 3%s A
Conn Ry &
Week
Hiah
Low
No.
York Stock
New
Range Since
January 1
Sold
Week's Range
Friday
BONDS
Bonds
Friday's
or
Sale Price Bid & Asked
Period
17
Dec.
Last
Interest
Exchange
Stock
Week's Range
Friday
BONDS
New York
Market Street Railway—
(Stamped mod)
ext 5s
McCrory Stores deb 3%
1945
1955
Metrop Ed 1st 4%s series D
1960
Metrop Wat Sew & Drain 5%s
(Chic) 4s_
1950
1938
{§AMet W Side El
Q-A
A-O
M-8
A-O
F-A
96%'
89%
21
96%
92
*14%
92
106%
111
1
111% 111%
92
99%
105%
'
*103'A 105%
113%
84
1
—
.
6%
96
15%
Week
Interest
Stock Exchange
Ended
Period
11
Dec.
Last
*
!
3'As.
_1952
Ref & impt.4'As series C
1979
Michigan Consol Gas 4s,
_1963
t§AMidland of N J 1st ext 5s
1940
tSAMilw & Northern 1st ext 472 3—1939
ASConsol ext 4'As—
—1939
^■go
'
-
73 Vi
21
57%
10
1041%
72%
A
series I
& ref 5s
4s
.
33%
53
35%
56%
19
38
35%
59%
35%
F-A
46
59%
Northern
11
27%
(Minn)
3578
597a
; 92
33
55%
—
23 V4
21
23Vi
1,997
.55 >/4
M-3
M-3
53%
55Vi
545
3s
Ref
53%
355%
53/a
357s
305
54
54'A
11
lien 4s
;
ry & id gold 3s
registered
& impt 47as series A.
& impt 6s series B1
& impt 5s series C
& impt 5s series D
65
45
All
14
109
1
105'A 105%
12
1037a
107 3A
*94'/a
■
1327a
119'A
123
113
134%
*120
M-S
114%
-.
48
65
50
A-0
69%
90'A
8934
91
93
727«
94%
87%
86'A
87%
16
69
89
Q-F
52 3
52
52 VA
45
42
1967
1964
1944
F-A
a
*49%
Q-A
587a
4 0'A
56
50%
517)
627a
817a
J-J
60'A
59
60 'A
88
J-J
78'A
77%
78 7%
174
64%
65
3
5574
68'%
64%
65
26
55%
68%
J-J
65
J-J
66%
109
9
109%
109
110'A
110%
17
-
J-J
11274
101
111% 112
112
M-S
J-J
101
,
100
~5
99%
100'A
50
119
371/2
541/a
46'A
108
35i/4
507a
421/2
50
31%
46
41'A
Gas
*109% 110
108%
*111%"
111
107'A
111
10634
27
107% 108'A
1097a
109
109% 109'A
108
J-D
& Elec 33As
10674
110
102
J-D
104'/a
M-N
104% 104%
10474
1067a
J-D
105% 105 3A
105 %
107'A
108
109%
108 'A 108 'A
1
108'A
110'A
108'A 109'A
11
1061/8
110 'A
103'A 103%
5
9974
10574
1087a
*108
J-J
J-J
109'A
J-J
J-J
1107a
Jll'A
■4
1087a
J-J
1960
4s debentures
—1946
Ontario Transmission 1st 5s—..^1945
Oregon RR & Nav con gold 4s___.1946
Ore' Short Line 1st cons gold 5s—1946
Guaranteed stpd cons 5s____
1946
Oregon-Wash RR & Nav 4s
1961
Otis Steel 1st mtge 472s ser A
1962
9672
89
95
.1967
.1972
nrtge 4s...
mtge 33As
Oklahoma
224
13%
108
M-S
197a
12
17
107 % 108
17
■
M-N
_—
451/2
Vi
49
40
124%
12
128
Q-J
Q-J
1st & ref mtge 37aS
1st
48'A
100
42
297a
34
128
128
85%
73
O
114
46
70
M-S
1st gtd gold 4S.1948
Ohio Edison 1st ifttge 4s—
:__1965
1133A
110
110% 110%
Vi
48
J-D
M-N
M-N
J-D
M-N
10
39%
*36
;
107
113Vi 1131/2
M-N
81%
36%
8
:__1997
1997
Jan 2047
.2047
..2047
2047
2047
2047
1st mtge 3'As—
Northwestern Teleg 472s ext
1
1017a
105'A
106
Power Co—
States
1st
A-0
J-D
debentures————————1965'•
Montana Power 1st & ref 3%s____1966
Montreal Tramways 5s ext—_—1951
Morrell (John) & Co 3s debs.——1958
Morris & Essex 1st gtd 3'As——2000
Constr M 5s series A—
1955
Constr M 4'As series B_—_—-1955
Mountain States T & T 3Vis—:—1968
Mutual Fuel Gas 1st gtd 5s„
.-1947
6s
v
*105 'A 106'/a
.
10274
59
102
551/4
110%
39 7
F-A
58
597a
38
55'A
54
1-57% r58
A-0
5'
105 %
597a
54'A
F-A
4'As————I960
112'A
81%
J-J
t§AOg & L Cham
Monongahela Ry 3 Vis series B__„1966
Monongahela W Penr. Pub Serv-—
110'A
108 VA
15'A
3 6'A
54
—
104
105%
M-N
.1974
1974
(Wise)
58 3A
578
55
F-A
.
10
10%
54%
A-0
—
10874
59 3A
54'A
Ref
58
36'%
~9%
M-N
1981
35 %
223
3678
•
10
55 V2
9%
54%
.
53%
53%
54'A
M-N
—
1
2
1081/2 1087a
deposit..
of
.
Gen lien
Ref
83
22'/4
lll»/4
■'
guarantee)—....1945
of
registered
57
54
M-S
mtge
66
55
54%
4s___1991
1st
40%
52'A
32'A
rei 5s
Pacific prior
51'/a
.
87a
109'A 109'A
108 'A
A-0
90
lib
16'A
15%
16'A
M-S
16
1
109
gold 5s (stamped can¬
ACertificates
541/2
32%
109
19%
,83
108%
591/4
4iy2
116
65'A
64'/a
A-0
1965
•
Moh'k & Malone 1st gtd gold
cellation
Ref
deposit
of
Certificates
Alst mtge
100
Northern
'
deposit—:—
of
7%
77'A
98'%
.55'A
54'/2
55
2
J-J
1998
series A__
ref 4'As
&
Gen
1%
309
86 %
O-A
64 Vi
*96'A 100
86'A
9
{Northern Ohio Ry—
4'A
8
M-N
gold 4s_1996
North Central gen &
15%
3,
37
A-0
10
16'A
,
mtge" 4'As series A
1st
31%
30'%
9
76'/a
10%
45%
12
10
J-J
High
317a
30%
14
2%
'
18%
F-A
A Gen mtge 5s conv inc
...2014
t§ANorfolk Southern RR 5s A
.1961
16
16
•
4%
';
2Vi
J-J
gold 5V2S—_
.—1949
1st & ref gold 5s serie3 H_——1980
A Certificates of .deposit
Alst
4Vi
76 Vi
D———1978
AConv
A
30
28Vi' 29'/a
*12'A
Low
10
36%
Ry Co—
Norfolk & Western Ry 1st
66
29'A
of
Certificates
A
3%
8
52 Vi
deposit——
& ref 5s series G—
1978
A 1st
8%
2%
29%
J-J
4s_———————1975.
Certificates
A
2%
11
Vi
28
—..1962
ref 5s series F————-1977
&
9%'
25
65
deposit-!——
of
Certificates
A
A 1st
30%
19
28'A
28%
J-J
J-D
adjust 5s series A—-Jan 1967
AGeneval
Norfolk Southern
7%
"
& ref 5s series A—
A 1st
65
January 1
No.
35%
35%
F-A
Range Since
Sold
High
57
61
27'A
3%
3-J
{Missouri Pacific RR Co—
27%
72%
7'A
—.1962
Prior lien 5s series A
ACum
38
M-3
5s_—1959
& Texas 1st 4s—-——1990
40-year 4s series B—
Prior lien 4'As series
54 >/2
J-J
.1978
MiSsouri-Kansas-Texas RR—
72 %
26'A
J-J
J-J
J-J
J-J
t A Missouri-Illinois RR 1st
Mo Kansas
96
38
*
—1949
—
series B—
63
65
53'A
Q-F
Marie
§Alst cons 4s stamped
—1938
§ A 1st consol 5s
—1938
§Alst stamped 5s gtd as to int__1938
A 1st & ref 6s series A
—-1946
5 'As
491%
4
72 Vi
•-•'58
109%
5
56'/i
96
66 '/a
54
78
148
56Vi'
93
Vi
72
{Minn St Paul & Sault Ste
ref 5 Vis
1937
1937
1940
1943
N Y Telephone 3 Vis series B__,
1967
t§AN Y West & Bost 1st 472s—1946
Niagara Falls Power 372s
1966
Niag Lack & Ont Pow 1st 5s A—1955
Niagara Share (Md) deb 5Vis
1950
gold 4Vis
§AGeneral gold 5s
;
ATerminal lst gold 5s_.
Bonds
Friday's
or
Sale Price Bid & Asked
J-J
§A2d
102
104% 104%
M-S
J-J
M-N
M-S
1947
t§ AMilw &.State Line 1st 3'As
.1941
{AMinn & St Louis 5s ctfs
1934
A 1st & ref gold 4s_._
—1949
ARef & ext 50-yr 5s series A
-1962
97
72%
J-D
{AMilw Spar & N W 1st gtd 4s
&
Period
17
Week's Range
Last
Interest
Exchanre
Dec.
Low
92%
78
noi
M-S
M-N
J-J
M-S
A-0
J-D
.1951
gold
A 1st
Ended
High
Low
NO.
Hiah
Week
J5 AN Y Susq & W 1st ref 5s
Michigan Central—
Jack Lans & Sag 3'As
A25-year
January 1
Stock
York
New
Range Since
Sold
Asked
Low
1st
Bonds
Friday's
or
Sale Price Bid &
Friday
BONDS
Week's Range
Friday
BONDS
New York
2491
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4239
Volume
112'A
;;
__
N
A_—.1978
Dairy Prod 3 Vis debs——1960
Distillers Prod 3y2S_——1949
Nat
-Nat
-
3Vis sinking fund debentures——1949
Steel 1st mtge 3s
—1965
National
{ ANaugatuck RR 1st gold 4s'_—..1954
Newark Consol Gas cons 6s——1948
' *
105
107
J-J
England RR gtd 5s
1945
—..——1945
New England Tel & Tel 5s A
—1952
"1st gtd 4VAS seriesB-——_——1961
N J Junction RR gtd 1st 4s_—1986
N J Pow & Light 1st 472S—
I960
New Orleans Great Nor 5s A———1983
N O & N E 1st ref & imp 4y2s——.1952
New Orl Pub Ser 1st 5s series A—1952
•
J-J
1st
1st gtd 4s
Orleans Term
New
,
1355
.1953
ref 5s series B—„
&
Mexico Ry— •
inc 5s series A—1935
.«•
J
Alst
series B
5s
Certificates
A
deposit—.....—
!
-1954
deposit—.——
of
of
Newport & Cincinnati Bridge Co—
General gtd 4 Vis——
—
.-1945
N Y Central RR 4s series A—.1998
.
Ref
&
A-0
Ref & impt 5s Series C
Conv secured 3'As*—
N
Cent
Y
3 Vis
F-A
6
109
1127#
105
_„__1970
1971
J-D
1047s 1047s
7
1037a
10674
J-D
104'A 10474
15
103
10674
A-0
107% 107%
107
11072
J-D
*1087b 1107a
m;
84%
50
1
82
*123% 125'A
"5
26
95
3
-
95
.)
1051/4 105%
96'%
83 %
103
10474
41
61
44
.70
71
66%
75Vi
70
4972
72 V
68%
6174
52 3A
793A
12
69%
■
4772
75
57%
58%
176
51.%
55V4
563
477a
61
621/2
61%'■ 62%
249
527a
67
6774
86
85
85%
♦157
82
83%
26
7474
87%
*77
771/2
697a
70%
'/2
■
9
53
5
507a
6I1/2
61'A
62
*60%
66
1974
1978
1st mtge 3'As extended to—1947
Y Connecting RR 3'/2S A—
1965
A-0
M-S
A-0
A-0
95%
95%
96
861/2
85'A
86%
1951
...1947
Edison J'/iS series D——
1965
F-A
A-O
A-0
1966
A-O
St Louis—
series A
series C
4Vis
...
Dock 1st gold 4s—
Conv 5% notes——
Y
N Y
& ref .3'As series E
1st lien
Erie RR
Y Gas El Lt H & Pow gold 5s—1948
Pu-rehase .money gold 4s—__——1949
series A___
Mtge 4s
Mtge 4s series B___'
.1.2043
N Y Lack & West 4s series A.i—1973
* .•
.1973 ?•
4Vis series B__
,
7772
Hartford RR—
867a
4i
100
4
101
!
100
108% 109
115 V* 115'A
'
86
4
:
71
'
76 Vi
.
76%
:1956
M-N
43
40 'A-
J-J
41
39% •41.
J-J
47%
45
A-O
60 Vi
57
60
15
15
1957
4s
Alst & ref 4'/2s series of 1927...1967
>,
41
;
M-N
J-D
44%
43
43 t
'.
1st
93
86
.
AGeneral
N Y Queens El
Y Rys
1st
gtd 4s
Lt & Pow 3'/2s__
prior lien 6s stamp
N Y Steam Corp
For
cons
•
55
102
footnotes
1st 3y2S
see
page
2492.
9
8%
J-D
3%
3%
1993
A-0
52 %
51V4
J-J
J-J
*110
-53
110%:
34
.
110
19
.
16
52
317a
3lVi
-V
33
12
1087a
1107a
108
110%
108-%
M-N
10874 109%
1091/4 1097a
2
98%
53
887a
3
119 74
12474
97%
98 74
A-O
121%
J-D
109
109
10974
51
101%
11074
J-D
114'A
114% II6V4
15
108
117
98'A
93
1061/a
77
96 7e
106'A
15
957/a
106'A
9074
100'/a
977a
A-0
97%
A-0
106%
106
J-J
106
105 % 106
9972
A-0
98'A
62
99%
9974
*112
111
1127a
II2V4
'
53%
5574
27
44 VA
217e
54%
A-O
4s
21s/s
47
57a
F-A
5874
247a
106'A
107
249
7274
96
887s
*10572 107
96
94'A
96
J-J
88
86%
887a
26
6474
M-3.
8374
81%
8478
268
57%
847a
107
1077a
31
10474
10774
F-A
*129
1347a
J-J
*12372 1237a
J-J
107
J-D
372s deb——1952
conv
99'A
F-A
12174 12172,
Apr
Wash 1st gold 4s—,
series B__
-1974
General gold 4'As series C„—1977
General
5s
Philadelphia Co coll tr 47is—
Phila Electric 1st & ref 372s—
1st & ref mtge 2%s_
_•.—
A ref
5s
stamped
J-J
10574
105'A 106
40
1967
M-3
11074
1107a 11074
30
3-D
102%
102% 10274
9
-
38
M-S
37%
417a
140
167a
J-J
15'A
177a
224
.—1962
•
{§ A Philippine Ry
ACertificates of
1st s i 4s—
deposit-
-1963
1937
J
M-N
,
M-3
10474 10474
''
■'
61/4
6 Va
J-J
*3
■
—
,
8
12574
96
10774
llO'A
1127a
102
104%
2074
874
437a
197a
104
106
*105
■
129
111
1971
.1949
Philip Morris Ltd deb 3s~——
3s debentures —.i——-
11874
1961
—-1973
1—
.
Pittsburgh Cine Chi & St
49
52
:
53
311/2/
49%
3774
62%
4974
.
78
8 Vi
21
3674
55
901/2
-
6%
2
Louis—
*
4s-guaranteed
i.1943M-N
gtd goia
1949
F-A
Serijs F 4s guaranteed gold—..1953
3-D
Series G 4s guaranteed
;
1957
M-N
Series H cons guaranteed 4s
1960
F-A
Series I cons 472s
1—
—1963
F-A
Series J cons guaranteed 4'As—1964
M-N
Gen mtge 5s series A—
1970
J-D
Gen mtge 5s series B
1975
A-O
Gen 4'As series C
1977
J-J
Series D
'497a
327a
••
17".
.9'A
3%
1958
1963
s
385
102%
M-N
M-S
M-N
f
80'A
5
44%
1992
1965
!
7474
279-
%
1955
4s
N Y & Putnam
10874
M-N
{Philadelphia & Reading Coal—
557a
76'.
•
•47%
1954
4s
;
76 ;
'
{ A Harlem River & Port Chester—
JAN Y Ont & West ref gold 4s
i
'
103
r
20
4s___
ADebenture
:
60
:
-.7
?■: 42 A
deb
1940
105%
;
10274
:
40%. 41%
ANon-conv
§ A Collateral trust 6s
1
110'A i.H2%.
39% 41 f
39 %. 41%
40%'. 43%
43%
...1948
98 'A
10
1067a
104 y4
1067a
37»
9
4%
77a
1037e
19
—
1051/4
..
J-J"
„
7
—1947
.1960
Phelps Dodge
''
100
115,74 117 Vi '
61
70% .71V4'
y4
76%
;._1955
i
:
107Vi 11074
Av1
102% 102%
4s—
certificates 3'/2S__i_1956
10974
107'A 108 74
F-A
1—
4s
A Conv. deb 6s
deb
6s
7972
,100
ANon-conv
deb
10674
107%-110%
.*105%
40%
/
2
Phila Bait &
5
v
110'A 110'A
A:0
AConv
106%
9
-
M-S
M-S
ADebenture
■
14
108%; 108'A
.
i
.1947
1053/i
1109 7a 109'A
10978
F-A
102 74
,
65
12
deb' 3Vis—„—...1947
—
,
•
17
100
deb ,3y2s—_—..1954
4s
1097a
103%
'
78%
77
ANon-conv
deb
106
10
M-S
A Income
97%
64'A
■
ANon-conv
A Non-con v
61
85
I.
{N Y New Haven &
107%
105V4 10574
-Apr 1990
Peoria & Pekin Union Ry 572s
1974
Pere Marquette 1st series A 5s
1956
1st 4s series B___—_—1
1956
1st gold 472 s series O
-1980
667a
148
105% 105%
77
J-D
F-A
M-N
J-J
J-J
M-N
M-N
gold
Peoria
,
.2000
2043
gold 3Vis.
& Harlem
1097a
J-J
sterl stpd dollar__^__May
Peoples Gas L & C ref 5s
& Eastern 4s ext.:
66
477a
N Y .& Erie—See
Y
v
48 3A
19
102
102
102
109
102
__
*—
82
851/2
83
*104
101
104
76
1067a 10634
J-J
..1948
1 1948
Gen mtge 3%s series C—_-___1970
Cons sinking fund 4y2s_.__
1960
General 472s series A_______...1965
General 5s series B
—..1968
Debenture gold 4'As
1970
General 47ts series D__:
1981
Gen mtge 4'As series E_
....1984
sConv deb 3'As.,—__i_.
1952
Consol
677a
541/8
J-J
106%
106%
J-D
Pennsylvania RR—
*103%'
y4
J-J
98 VA
117 '/a'
10174 10374
F-A
1974
debentures
4s
551/4
58
57 Va
H.51/2
7174
4472
7
69
71
67
5'/is
4'As
70
67
*_.
711/2
72
5174
3
.69
86
67
10
11
J-D
—
757s
50
80
•
86
987a
*116
M-N
ctfs D.—1944
ctfs___._—1952
Secured 4s
1963
Pennsylvania Glass Sand 372s____196G
Pa Ohio & Det 4'As series B
1981
1st & ref 3%s ser D
..1968
Penna Power & Light 372S___,
.1969
64'/a
48
70
69%
-
Vi
50
92
69% ; 71'A
70 Vi
86
72
M-S
Guaranteed :372s trust
647a
62%
registered..
98
105
98
—
A-O
102%
Pennsylvania Co—
977a
8074
21
61
*57 Vi
M-N
1998
Paterson
108
F-A
^1944
& Passaic G & E cons 5s_1949
deb 6s_____
lU3/4
106
1
104'A 104'A
104
108
5.
106
M-N
1955
loan 'Ctfs
M s f gold 3s
Parmelee Trans
108
1
106
J-J
Gtd 4s series E trust
—
...1998
1998
.——1998
1st
07
66%
Ref
N
84
111
73.
62'A
Ref
.
1257a
2
•'
•
95%
95
95
F-A
J-J
F-A
A-0
A-0
P&cific Tel & Tel 374s series B____1966
.'Ref mtge 3Tis series C_________1966
Paducah & 111 1st s f gold 4'As.:—1955
Panhandle East P L 3s 'B
._____1960
Paramount Broadway Corp—
85
77
5
92'A
92'A
105 'A IO51/4
105'A
....
■•>■"•
857a:
,70 -a
iVO'/a'
106
•
109'A 110
110
119
'
69
A-0
3s series J.
1st- & ref M 3s series K
1st & ref mtge
97 "A
97%
J-D
3'As series I
1st & ref mtge
-
10O
1227a
■'
84
84
Pacific
11674 1187a
106% 107
106%
;
95
116
62'/2
-New York Chicago &
N
105
103 7a
10
67
3y2s
N
10174
33As series H....1961
1966
1127a
827a
;
F-A
F-A
F-A'
F-A
gold 3'/is—;
33/is registered—
Mich Cent coll gold 3'/2s
N
1127a
110
...
& Hud River 3 Vis——.1997
registered——..——.1997
Lake Shore coll
N
1091/2
11
84%'
•
*62
1952
;
99%
28
1107a. HI
116%
83
•
"
..2013
..2013
impt 4'As series A_„
92%
109 ¥4 110'A
J-D
_—
series
5s
.5
J-D
104
-
1
84%
A-0
C———————.1956 "
A Certificates
of deposit.,———
Alst 4y2s series D———...1956
A Certificates
of deposit———
Alst 5Vis series A—.—.1954
ACertificates of deposit..
—
Alst
97'A
4s series G—.—1964
1st & ref mtge
-II71/4 117'A
84
{New Orleans Texas &
gANon-cum
A Certificates
J-D
Pacific Gas & El
108 '/a
*99%
•
■
J-D
M-N
F-A
A-0
3-J •
J-J
A-0
J-D
J-J,
1st gold 5s—...1946
108 7a
1027a
'
J-D
Consol gtd 4s—.
Coast Co
1057a
\T2.
102% 102 Vi
104
•
A
-
687a
11
171
-
Vi'
105% 108
M-N
{ ANew
,52
.82%
Vi. 105%
81%
81%
F-A
J-D
M-S
M-3
A-O
Chatt & St L 4s series
Nash
7
411/4
587a
1093A
11172
Pitts Coke
Pitts
Steel
& Iron conv 4%s A
1st
mtge 4'As
series B
& W Va 1st 47aS series A
1st mtge 4'As
Pitts
*107
108
104 3A
1081/2
1st mtge 472s
*107,
107'A
106
10934
1st mtge 472s series C
series B—
1952
1950
—1950
1958
1959
1960
A-0
A-O
107
113
*113
1117a
1137a
*11374
11274
114
1197'a
123'A
1197a
12374
—
—
*119
117
11574
7
1057s
11572 115%
6
105
117
10
100
107 '/a
115
107
107
95
*103
103'A
*102'A 103VA
57%
57 VA
57
5772
*57
103
98'A
103'A
98'A
1027a 102%
M-S
J-D
J-D
J-D
104
110
*112'A
104
127a
103'/a 104'A
*104
Series E 37a s
103 74
577t
34
55
64
57%
16
537a
6374
533A
64
58
THE COMMERCIAL & FINANCIAL CHRONICLE
Ended
Week
Last
Interest
Exchange
Dec.
1st
109
Texas
&
-1962
——„
F- A
'•'122
118%
124
Gen
&
-1974
J-D
-1977
J-D
gen
5s
4%s
series
D
-——
.
Sale Price
or
Friday's
Range Since
Bid & Asked
Pacific
ref
1st
gold 5s
J-D
B
series
5s
2000
January 1
1977
A-O
Hiah
115
81%
Low
High
101 Vi
115
116%
80'A
81 %
68
88%
'
Gen
80
99% 100%
99%
90
J-J
-1966
*108
-1977
F-A
J-J
-1957
Securities 4s——.
-1956
^.Providence Terminal-4s
-1968
Publ.c Service El & Gas 3Vis
M-N
.1972
M-N
series
C
___1979
A-O
79'%
79%
80
67'%
5s
series
D
*1980
J-D
79%
79 %
80-
67%
_1964
M-S
Third
105%
107 Vi
108%
110%
Mo Pac
Ter 5%s A__.
110% 111
853/4
85%
IO334
112
J-J
71%
71
72
62%
.76
A-0
28aA
28'A
29%
21%
■
*111
-1951
5s
ref
Tex Pac
—
*105 Vi-
J-J
ref
&
100%
109
-1950
&
Gen
M-S
-1960
1st 4%S.
Elec
Gen
Portland
C
series
Week's Range
Last
Period
17
Low
107%
1st
Friday
Interest
Exchange
Dec.
High
*107% 108%
1st
Stock
Ended
*
Low
J-D
5s series B—
gen
Week
Ash 1st 4s ser A—-1948
Young &
York
New
January 1
Hiah
Low
Pitts
Range Since
Sale Price Bid & Asked
Period
17
BONDS
Week's Range
or Friday's
Friday
BONDS
York Stork
New
Monday, December 20, 1943
1st 5s extended to
El
Potomac
1st
Pwr
M 3Vis
1st
3Vis
mortgage
Ave
AAdj
95%' 101
Car deb 5s
.—
100% 100%
12%
7
28
13 Vi
Tol
20%
&
Tol
Pressed Steel
St
Ry
1st ref 4s
___1960
income 5s—
ref & impt 33As__1960
1st 4s_—____1950
Ohio Cent
Louis
Toronto
J-D
West
&
Ham
Jan 1960
mtge 3S
1st
ai
ret
1st
&
ret
ratge
5s__
1st
&
ref
mtge
8s
Public
Service
—
*
109%
106Vi
145%
A-0
6
220
109
Gen
mtge 3%s
3
88 3/4
92%
90
78%
951/4
91%
92
16
78
951/4
J-J
105
2
102 %
106%
105% 105%
14
lOlVi
105%
105.'% 105%
42
101%
105 7/a
100
—
105
1'
F-A
.1958
M-N
1053/4'
*100% 101%
.1960
M-N
.1939
J-J
78%
78%
80
A-0
43%
43%
45%
.1977
M-S
.1967
M-S
.1967
M-S
1st 4ViS—
t A Rut-Canadian 4s stpd
t§ARutland RR 4Vis stamped——
*§AR I Ark & Louis
*125%
.
*111%
i-J
.1941
J-J
,
M-S
.1949
•'
'
M-S
.1934
Union
Pacific
Ref
58
27
A-0
-1966
Grand Island 1st 4s— -1947
-1998
St Lawr & Adir 1st gold 5s
-1998
2d gold 6s
—
$St Louis Iron Mtn & Southern-1933
A §Riv & G Div 1st gold 4s
A Certificates of
deposit—
i-,—
^
124% 124%
—
■
—
:
'•
■
i
110
22
9
11%
10%
12%
113
105% 106%
105%
*106
99
105%
--
61%
98
773/8
93%
78%
89 3%
74
74%
26
44
98 %
8
91
90
90%
10
73
30%
32%
748
30%
31
33%
35%
33%
34
6
27%
26%
28
1,312
193/4
26%
27%
51
193/a
M-N
96
95%
96
35
853/4
'•••
19
J-J
66
65%
661/2
J-J
50
49%
50'/a
J-J
36
33%
36
18%
37%
20 3/8
41%
20
40%
62
65%
61
46 %
120
27%
S92
J-J
*18%
F-A
30%
28%
*102%
A-0
6 3/4
20%
31
442
A-0
39%
A-0
40
39%
39%
39
41
*19
F-A
Vi
376
19%
Cons
&
ref
101
1013%
102
M-N
*101
101'%
11952
M-N
11953
1 1953 *
M-N
*101%
*101% 102 %
101%
3 03
M-N
103% 103'%
lor-'.:,
103%
—May 1 1954
Nov 1 1954
M-N
*101'% 102%
101 %
102%
M-N
*1013/4
—May 1,1955
M-N
■102 Va
w mm
-Nov
A-0
102%
30
A-0
103§2 103 tk
2
97%
1033V
F-A
loou ioojr
6
97
101'A
*108%
1st gold 5s__ 1949
Coke
109'/
F-A
91%
2
100
1
78
78
110%
114
%
78
100
6
72%
86
11
110% 110%
I083%
111
100
W
24%
Wabash RR Co—
31
1st mtge
104
'
■>
—1971
4s series A
J-J
99%
99
99'%
16
83Va
Apr
65%
60%
65'%
54
44
-1991
Apr
53%
52
53%
272
34
M-S
102 3/4
106
AGen
mtge 4s inc series A— -1981
126%
AGen
mtge inc 4Vis ser B_^
a Ref
gen 5s series
50
ARef
&
14
ARef & gen 5s series D
28
49%
273/4
gen
143/s
29%
Walworth
15
30%
27
112
14
29V'4
40%
39 Vi
40%
38
31
56%
34
27%
34
171
15%
34
28
32 '
4%s series C
-1978 *
mtge 4s_—. -1955
1st 40-year guaranteed 4s
13
17 Si
30
98%
102
Westchester Ltg
1
99%
102
Gen mtge 3'is
-1967
;
West Penn Power 1st 5s E—— -1963
40
105
J-D
Af-S
1013/fl
1st
105%
X
*107
95
931%
107
%
105
97
63%
65%.
65%
338
72%
a 5s
54%
69%
61%
65
279
55
61
64%
356
53%
64%
60%
64%
620
52%
66
100 Si
100 Si
1013'a
40
93%
101
100
100%
72
87%
100 Vi.
89%
J-J
'
" 88 Vi
89%
*—
104Vi
104
105
62
92
72%
73%
102
683/4
94
19
873/4
98
A-0
96%
95%
97
26
92
100% 100%
100%
89%
103%
110% 110%
J-J
Af-N
8
110%
120%
119
2
U9
1G8'% 108%
6
108%
•'
110% 110'%
11
110%
106
88'A
88'%
89
983%
98
98%.
74%
;
74%
76%
—,
743A
76%
1
118
23
,
112
109%
112'%
84%
M-S
2
105
94
M-N
10q3/4
40
84
J-D
102%
102
102%
61
87'/8
M-8
101
100 3/8
101 'A
241
M-N
101%
101% 101%
10
1951
-2361
J-J
55
J-J
1003A 101%
52
M-S
90 7%
—I960
4s„
-1949
;
—
56%
103
70
91%
17
16
*•—
88
*
93
101%
V 4%
633A
61
15%
102%. 104 'A
109'% 111%
100%
—,
613%
A-O
J-J
.—1971
61
41%
61
.
Public Service 3'As
102'%
43
39
90%
16
Wisconsin
1023i
101%
52
111% 111%
62%
Wisconsin Elec Power 3%s——.1968
101'A
52
*116'/a
J-J
101%
■•'
55'%
101'A 101'%
M-N
83
54%
*102
A-O
J-J
77%
51%
•
111%
M-3
1st
36 34
36 W 77
1951
J-D
B
100
1950
—I960
—2361
guaranteed
6
"
102
116%
90
47%
1
47%
65
97
143%
20%
■
16
15%
109% 109'A
67 3A
23 Vi
109
11£%
107
*107% 108
108%
108%
lu7 %
■.
.
95
112%
105% 105%
J-D
.104
111% 111%'.
M-S
ACertificates of deposit
§ASu & Du div & term 1st 4s„r1936
ACertificates of deposit
101
84
25
J-J
-1946
t A Wisconsin Central 1st 4s
81
92
*100% 100%
■
•...
A-0
A_. -1946
—
—
Winston-Salem S
106%
73%
100%
104
45
i
-
;
J-J
Wilson & Co 1st mortgage.3s_—1958
82
94
J-J
98
104
100
.
119
•h
■
Wheeling & Lake Erie RR 4s
1949
Wheeling Steel 1st 3 Vis series B—1966
89%
A-0
J-J
88
.
*92%
West Va: Pulp & Paper 3s_„—_—1954
A.
70%
A-0
ASpokane Internat 1st gold 4%s__2013
Oil of Calif 2%s debs!—...19R6
Registered
82
271
85
'
M-S
-1977
ser
assented—
West Shore 1st 4s
66
Af-N
,
68%
64%
J-J
31
102
3-D
-
-1852
Maryland 1st 4s—
5Vis series A
ref
25-year gold 5S———
30-year 5s___,
Westinghouse El &.Mfg 2'/8s_
95
91
64%
A-0
2
2
,
J-D
■
-1966
fAWestern Pacific 1st 5s
109%
109 3%
Af-S
J-J
91
38
98
123%
68
95
10
37%
■'
.
,
F-A
99%
34%
35
25%
—
98
38
■'
F-A
5s stpd gtd—. -1950
mtge 3Vis series I
1st &
105%
107
108
,105% 105%
09
,
104
123
105%
A-0
Q-M
—
61
Af-N
111%
*110% 112%
Apr
*49
51%
41%
F-A
Stand
;
32%
26%
•%'
*34%
32
101%
*90%
1972
1'
:
*35%
'> F-A
'
-1945 :
100% 100%.
*104
A-0
Co 1st
100% 100%
54
J-J
*1964
'
53 %
'35
27%
'
■
A-0
65 %
;
263/,
*35%
A-O
-1980
1st ref gtd gold 3Vis. -2000
Washington Central Ry 1st 4s— -1948
Washington Term 1st gtd 3%s—. -1945
Western
——1968
*36%
/
F-A
-1976 7
B
Warren RR
26
,
30 3/4
13%
*51
110
92
50%
12
32;.
91%
104'%
•72
.89
205
100%
112
79%
100
100
103%
111
109
109% 109%
J-J
M-S
5s——
108%
„
109% 109%
*89%
A-O
751
19%
A-0
1994
1956
Pub Serv 4s—
93'%. 103
._.v/
"111
M-S
—_1958
cons
19%
A-0
—1955
Bell Tel 3Vis B
102
F-A
M-S
Virginia Pub Serv 1st mtge 33/4S—1972
& Southwest 1st gtd 5s__
_2003
28i%
18%
F-A
gen
3s series C-
102%
M-N
—1968
Western Union Teleg gold 4Vis
1st cons gold 5s
4s series A
102
103'A
*_1944
Va
26%
—
gtd 4s
101%
102
102%
.1.1.1951
Coal &
19
F-A
——1950
103% 103%
102%
104%
54
Youngstown Sheet & Tube—
Standard Oil N J deb 3s—.——
2%
debenture
Studcbaker Corp conv deb 6s
6s called bonds (Jan 2, 1944)-.
Superior Oil 3Vis debs
Swift it Co 23As debs
J-D
"
:—*
1956
ifcbl
=
»
?■■■•
•
105
104% 105 %
291
104
107 Vi
Conv deb 4s_i—L
J-J
105
105
14
104%
1053/4
1st mtge s f 3.%s series D
J-J
1961
1953
—1945
-—
103
102 ii 105
145
100%
111%
i
105'%
*103 Vi 103 Si
M-N
*103
100%
*105'%
M-N
1948
-
1951
5s
J-J
1944
F-A
119
119
*lu2
ll)4
119
102
125
F-A
Texas
1959
A-0
104%
104% 104%
12
104 Vi
106%
1965
Af-N
105%
105% 105 %
27
105%
107
3s
Company 3s
debentures
deb
J-J
111%
111% 111%
1
110%
113%
105 % 105%
90
10
103 Vi
105%
89"%
90
11
101% 102%
28
1013A
1013% 101%
88
101% 103%
95% 1013A
Deferred delivery-sale not.
88
in
Included
In
the
year's range,
n Under-the-rule sale
the year's range.
d Ex-Interest,
not Included in
e
Odd-lot sale not
r Cash sale
the year's range,
*
SNegotiability impaired by maturity.. tThe price represented Is the dollar quotation per 200pound unit of [bonds. Accrued interest payable at the exchange rate of $4 8484.
105%
Gen refund s f gold 4s
1953
Ref & impt mtge 3%s series
B__1974
Tcxarkana & Ft Smith 5%s A
1950
J-J
102%
M-N
106 Va
a
cons
M-S
103%
Included. In the year's range,
Terminal Assn St L 1st
^.,.—..1960
103 Vi
1033/4
102%
103%
not included
Tenn Coal Iron & RR gen 5s
"
—_1944
Iron
F-A
——1946
102%
101 %
1st & ref 5s
Va
M-S
6s
1958
Devel & gen 6 Vis——
1956
Mem Div 1st gold 5s—
1996
St LoUis Div 1st gold 4s—.——1951
1st
*1013a
cons g 4s series A—_1955
f 4s series B——————1957
s
27
coll)—
gen
Southwestern
M-N
Elec & Pwr 3 Vis series B„
28
J-J
Southwestern
11950
Light 1st 5s_
Power &
18%
—
Ry
101%
May 1 1952
MIm,Mmm
«*«r» mm-
———
A-0
Aug 1949
——1949
1st 4%s (Oregon Lines) A_
1977
Gold 4Vis
—1968
Gold 4%s
1969
Gold 4%s__
v
1981
&
102%
101'A
Va
Pacific Co—
&
100%
May
——
M-S
11
1st 4s
101 3A
101
*101
.84
4%
10
105% 106
secured 3%s
101
*101% 102 %
fAWabash Ry ref & gen 5%s A_. -1975
20
J-J
Devel
m
101
M-N
123
103% 104
Af-S
M-N
Oil 3s debs—.—-1964
South'& Nor Ala RR gtd 5s
1963
South Bell Tel & Tel 3Vis
1962
3s debentures————
1979
Devel
17
101%
__
6
Southern
**
M-N
M-N
—_Nov
—
2.60s
2.65s
v
1st
85
J-D
Soconv-Vacuum
102%
-May 11950
Vandalia RR
38%
24
102% 103
registered
102
v'
11949
Virginian Ry 3%s series A_—^—1966
1989
101
101%
M-S
97%
Af-S
1978
100Vs
90%
205
F-A
South Pac RR 1st ref
108%
94%
57
11949
—
2.55s
Utah
39%
32%
35%
J-J
Fran Term
105'%
United Stockyards 4%s w w__
393/4
26%
J-J
J-J
10-year
1
15
100% 101
90%
—1954
San
107
ioo3/4 101
100Vi
J-J
.
Oil 2Vis debs
Pac
107
101
75%
98
74%
debentures —1961
1941
t§ ASilesian-Am Corp coll tr 7s
—1952
Simmons Co debentures 4s
-1950
Skelly Oil 3s debentures
(Cent
JU
J-D
67
1033/a
94%
77
91%
J-J
23/4S sinking fund
4s
106%
107% 108%
67
94
94
M-S
tSeaboard Air Line Ry—
———1950
§ Alst gold 4s unstamped—
1950
§A4s gold stamped—
Oct 1949
A Adjustment
5s——
1
—1959
§ARefunding 4s
—
ACertificates of deposit—
——1945
A 1st cons 6s series A
—
ACertificates of deposit—
IIIl933
J§AAtl & Birm 1st gtd 4s
1935
JASeaboard All Fla 6s A ctfs_
1933
A 6s series B certificates-. —
4s
11
19
96
J-J
Nov 1989
unifying 5s—
1952
AGen & ref gold 5s series A
1990
St Paul & Duluth 1st cons gold 4S-1968
lASt Paul E Gr Trk 1st 4Vis
1947
t§ASt P & K C Sh L gtd 4Vis
1941
St Paul Union Depot 3Vis B
1971
Schenley Distillers 4s s f deb
1952
Scioto V & N E 1st gtd 4s
1989
Southern
108
—————Nov
2.50s
/
„
97%
-1959
4s inc
Union
104%
108
.Nov
——
.2.45s
.'■■■ ' !
62
*95
*93%
5 A 1st term &
Shell
105Vi
97 V a
May
—I'
Utah Lt & Trac
1950
bond certificates
bond ctfs—
4s
97 Ve
26
•
Corp—
—
2.15s
107%
62'%
-ry 48
Louis-Southwestern Ry—
A 2d
11
102% 103
debentures
/ 2.10s;—-.-
"
1st
1093/8
103
102%
198U
debsl
Steel
States
2.05s
108
61%
ACertificates
*St
107%
1033/8
'
2.20s
—
of deposit
ACons M 4Vis series A—
ACertificates of deposit stpd
107%
A-0
M-N
__n_1971
F-A
153/4
9%
12
Af-N
—1950
lien 5s series B
A Prior
J-J
1970
A-0
Serial
39%
A-0
-1955
jASt L-San Fr pr lien 4s A
A Certificates
of deposit—
—1947
A-O
143/4
9%
■'•■■II
61
90%
stpd
Rocky Mt & P 5s
St- L
1043/4
——.1955
109%
266
J-J
Af-N
5s—
100%
mtge 3%s series A„
United
110
108%
■
"
39%
37
393%
deposit-
of
Certificates
3
..
—
'
55%
—1933
JASl L Peor & N W 1st gtd
St L Pub Serv 1st mtge 5s
102% 103
19
■
;■
—•
*109'%
——
J-J
Jos &
—.
105%
J-J
United Drug 3%s debs—
.a.1958
U N J RR Hi Canal gen 4s—.,..1944
54
,
stamped
1023 s
United Cigar-Whelan Stores 5s„—1952
86
.
-4s
9%
1
_
/•
Ltd 1st M 4ViS—
112%
31
18'%
RR—
1st & land grant 4s
34-year 3 Vis deb—
35-year 3 Vis deb—
2.40s
St
109%
5
110% 110%
102% 102%
1967
2.35s
Baguenay Pwr
110%
F-A
debentures—
United Biscuit 3%s
58 Vi
'
.1969
mtge 3Vis series J
107%
99%
19
'
'
—
105%
102
.1961
4s.
mtge 3Vis series I
Gen
96%
913/a
.1958
Vis series D——
series H
Gen
Gen
■96'A
92%
J-J
.1949
t§ARio Grande West 1st gold
A 1st cons & coll trust 4s A
Roch Gas & El 4
96%
J-J
.1997
Rand deb 3Vis—.
Republic Steel Corp 4Vis series B.
G,en mtge 4Vis series C
Revere Copper & Brass 3 Vis—
A-0
.1997
Remington
A-0
116Va
106
U
3s
.1951
coll 4s—.
4%s series A_—
4Vis series B
& rei
Gen & ref
M-N
117%
*116
106
1121%
R
Reading Co Jersey Cent
1971
Jf-S
101'%
102'%
117
222 %
44
109% 110
110
91
100'%
149%
222% 222%
J-D
-1968
J-J
100%
87 Yb
100
101% 101%
101%
109 %
106%
*147%
J-J
.__1953
112%
106
96%
100
Tri-Cont Corp 5s conv deb A
-97
109% 109%
J-J
-2037
of Nor 111 3%s
■
J-D
f§AUnion Elec Ry (Chic) 5s..
1945
Union Oil of Calif 3s deb_-.__.___1959
M-S
-2037
——
91
«g7
1st gold 4s__1946
Trenton Gas & Elec 1st gold 5s
1949
Union Electric Co of Mo 3%s
t A Providence
*88 3/4
■
A-O
& .Buff
37%
94
toomrmnies
renorted
the Bankruptcy Act, or
as
being in bankruptcy, receivership, or reorganized under Section 77 of
securities assumed by such companies.
•Friday's bid and asked prices; no sales being transacted during current week,
A Bonds
selling flat.
■
.
$
.Volume 158
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4239
2493
MEW YORK CURB EXCHANGE
WEEKLY
NOTICE—Cash
in
and
week
which
in
In the
following extensive list
Dec.
the
and
11
in
Curb
Ended
they occur.
Wire
Aero
Co
B
Air
Associates Inc
Air
Investors
Low
High
Low
17
20
22%
July
Blumentlial
Sep
Bohack
3%
800
3 %
Dec
5% May
■714
7%
200
5%
J an
9
100
7%
7%..
5
J an
2
2 Vb
1,300
1%
Feb
2'4
600
1%
Jan
3% July
27%
Jan
-10
35%
Electric
Great
Alabama Power Co
$9
Intl Investing
Products
190
114%
20
102
130
114
114 Vi
2d
105%
Jan
—
3%
4
—I
Breeze
—
conr common..
—
Brill
Apr
3%
Traction
Corp
10
Dec
25
23%
Jun
29
10,100
29%
Dec
111% 111%
1,350
106%
50
23%
25
25
29%
-25
24
31
•
Dec
Mar
6%
—*
30 y8
100
common
new
11114
preferred———
Goods Mfg—
Industries
Aluminum
Aluminium
6%
Ltd
—*
common—
2————100
,2—1
preferred
American Beverage common,American
Book
American
Box
Board
-
25%
~7
'4
Gas
8 V4
May
9%
Jun
150
15%
Jan
42
34
50
15%
Jan
37%
2
34
2,000
July
Oct
3% July
I?
Jan
37 Vb
1
Jan
45
41%
5,200
36%
Apr
47% July
i%
3,800
%
Jan
3% May
:
i
1414
•
26
—10
.———100
Electric—
&
Mar
Nov
38%
American
33
Jan
T%
common
Jan
414
3874
Hoe
21a July
Jan
x4%
————i—i.1
&
i4
1,500
3814. 3914
Class B
Fork
Oct
1,000
American
American
Mar
714
Cyanamid class A
.—10
non-voting
—,—10
American & Foreign Power warrants-
—
120
109
5%
•1%
Class B
Dec
15
25%
;
12
450
Jan
26%
9,600
1914
375
93 %
17%
Jan
108'4
107
July
Jan
Jun
Lgt & Pwr_._
29% July
112
Corp common.
preferred
.10c
$2.50 convertible preferred-
...I
General
American
convertible
$2
6%
preferred—
American
Mfg
3%
25-%
26
17
17
17%
450
2
.100
—1
36
87%
88
23 %
„
class
28
July
Van
19%
Sep
Feb
26%
Apr
Jan
39% May
Jan
89%
Oct
Jan
1%
Oct
%
50
25
60
80
%
1%
4,200
23 %
23%
1,300
*
Maracaibo
American
Co
American Meter Co.,
Potash
American
10%
Thread
American
Writing
Anchor
Post
common,,•
preferred.
5%
Paper
non-voting
"2%
Ashland
Oil
105V2
Jan
17 y4
3%
3Va
Jan
4%
2,200
108
700
1%
814
Jan
220
97%
Jan
107% 108
3%
3%
3%
.314
3%
1,900
8,100
9y8
9%
7
Atlanta
Coast
&
Coast
Atlantic
Atlas Corp
Atlas
8%
Jan
100
88%
Apr
7%
Atlas
5%
5%
300
RR
Dec
10'/a Aug
10
Jan
Jan
Dec
Jun
7
July
17% Nov
2'4
50
"7% "7%
Corp
,2,300
29%
30%,
150
V«
Feb
114
Feb
Feb
3%
Jan
28%
414
Jan
Jan
Jun
i0,', May
Sep
2%
•
80
7%
May
Dec
1%
T%
T%
4,200
%
Jan
5%
5 Vb
5%
8% July
2% July
200
514
Nov
8%
Apr
12%
Nov
1
10%
11%
1,300
1
.
—
x3%
3%
800
2%
Jan
5
5% July
200
3%
Jan
6
414
Jan
11
5
Machine——.——•
10%
Nov
Jun
1614
Jan
23
Sep
5%
Jan
10%
Dec
Collieries
July
Babcock & Wilcox Co
Oil
warants
Barlow
$1.20
Basic
2014
20%
4,400
19%
Dec
26
Jun
6%
5%
6%
32,800
2%
Jan
7
May
500
7%
common—
-30
Co
Stainless
&
Seelig
Steel..
convertible
(L>
A
Am
dep
dep
Am
British
39y8
1%
1%
l7/a
Jan
3%
Jan
6,200
6
29%
100
6
—1
7/a
Jan
9%
1
common..
4%
4
Jan
17,400
4
Jan
20
414.
16
1%
—
—_
Too
."
1
Ties..
Inc common.,
54
,55
'
.100
$1.50
Benson
14'A
100
"3%
314
127 5/a
3%
Bickfords Inc
Jan
Oct
6% July
3% Sep
55
Dec
6% Sep
15% July
25
July
214
Nov
5
Mar
Jan
136
Apr
Jan
45
Jan
Nov
42
Jan
'
%
'%
6%
6 Va
%
1,700
Jan
23%
7%
Jan
3
Sep
12% May
7% Mar
~9%
900
22%
~9%
~9Vs
Sep
2
"5%
4%
1
%
900
Jan
2%
100
1%
71
69%
22%
Jan
61
44%
Sep
12%
Oct
119
Jan
Aug
7% May
1% Apr
i7e Feb
175
Jun
Jan
75
140
31%
May
12 Va May
30 Va
Jan
33
14%
31%
Jan
July
18% July
12%
Jan
18
Aug
Jan
17
Sep
,.10s
1%
Feb
Brown
$5
rets ord reg.
Columbia
Class
A
Power
;
class A
1
Forman Distillers.
13%
14
25
19
26%
78%
76%
78%
190
.1
1%
1%
1%
Sep
300
5
22'
-r
28,100
22
5%
Aug
4 Vb
July
July
15
A
14%
Jan
26%
Oct
75
100
22
Jan
11%
300
—*
Bruck Silk Mills Ltd—
84
Nov
Jan
2
May
Oct
22
Jan
Dec
(
—»
5
""9
_u.*
"8% lVa
Jan
7%
Jan
10
10%
Jan
16%
Dec
82
1,400
Jan
99%
Oct
Jan
13% May
31% May
6 Vb
Feb
Mar
Niagara & East Power
$1.60
preferred
1st
Bunker
Burco
14
5% Aug
Aug
1%
•
Buckeye Pipe Line
$5
22
—*
—1
common
preferred
prior preferred
Buflalo
—
11%
reg
Ltd—
Fence & Wiie
Brown
_•
£1
Amer dep
British
Co..
£1
Inc
Burma
&
$3
16%
.2.50
16%
95%
96%
600
11%
;
Sullivan
16
96
25
-
preferred
Hill
HVa
11%
1,200
12,500
9%
preferred
25
"l%
Corp Am dep rets
Burry
Biscuit
(PA)
Corp
__12%c
"r%
~1%
200
3%
3%
25c
common,
3%
1,900
•
Apr
1%
Jun
%
Jan
%
Jan
4% July
2%
Feb
5% Mar
^
■
c
Cable
Electric Products
Voting
trust
&
Jan
1%
Apr
Va
Dec
1
Apr
Calamba
certificates
—50c
"'2 ■"%.
'
,
__
Callite
dep rets 5%
pfd
£1
Estate—.^..—1
Sugar
California
Electric
Canada
Fire
3 y« July
..."
3%
Apr
Aug
"5%
37/a
Jan
7
800
1%
Jan
7%
4»/b
4%
800
1%
Jan
6% July
20%
25
20%
Dec
4%
V8
100
5%
20%
4
1
Assn.—.
"5%
5%
~5%
10
Corp
Insurance
Car
5 Va
1,400
3 Va
Jail
5%
Oct
Jan
5 Va
Oct
Oct
5
6% % pfd—100
Foundry Ltd—
&
Participating
preference
Canadian
Industrial
Class
voting...
A
Class B
—25
5%
...
Industries
preterred
City
Carman
&
class
Corp
—
...
Castle
(A
Co
& Co—.—
Central
Hudson
Gas
:
Elec
&
13%
"9%
O 10
~3%:
♦
com,
Central Maine Power 7%
1%
■1%
2,300
8%
200
,
1,400
:
8%
—
preferred.100
5%
7%
50%
Apr
Oct
Jan
"116
Aug
Jan
112
Aug
18%
Jun
7%
Jan
7
Feb
6%
Jan
13
Jan
Jan
21
2%
6
Jan
10
July
114 %
13%
"9
,
!
.1
;
23% May
.
15 Va
13%
"9%
10
America
Nov
102
•
•
...
13%
Mar
38'% .Jan
Oct
2% May
*
106%
1
common—
of
Jan
Jan
5% Aug
150
48
48
.1
.
Products—
M)
•—
,
■
*
,
common
(JW)
Casco
Corp
11
Light $7 preferred..*
Carter
U
9%
2,700
■
——
preferred,,.—
Carrier
T'/a.
22
„
common..
Carolina Power &
"l%
A.
-.
Co
T%
_l
—•
150
Oct
140
100
Products—
Co
Carnation
Aug'
Ltd—
Canadian Marconi—.—
Capital
23
Alconol—
voting,,.
non
Canadian
$6
%
Cement Co Ltd
Canadian
7%
1,200
3
Power,,
Tungsten
Camden
■.
50c
common
Wireless-
American
i
"
.
Cables
York
New
Central
Ohio
Central
Power
Central
&
A'rcraft
Cnamoerlin
Power
Steel
& South
Cessna
Corp
_7
700
%
West
Jan
Jan
116
Aug
84%
Jan
99
7%
Jan
8% July
Jun
Oct
4%
Feb
Plow
Colonial
1
common
1%
f
^
14%
15
1
2,100
page
2497.
1%
1%
1,700
45%
'
45 Va
100
10%
Jan
16% Mar
j| Jan
37%
Jan
3
May
50
July
July
Colt's
Gas
&
26 %
Aug
3%
Jan
18% May
»
88 Va
85%
88%
2,300
51%
Jan
98 %
Jun
8%
500
4%
Jan
11%
Jun
Jan
96 Va
Jun
.■—,*'
8%
10
80
...
Mfg..
95
99%
190
97
360
.73
1,700
4
6%
7%
99%
Dec
Apr
97
Dec
8% May
Vz
Jan
Feb
8
Jun
Jan
22
July
13
lVa July
34%
36%
12%
13%
2,400
Jan
Apr
5%
Apr
28% May
6
-Jan
36%
Nov
200
500
%
5%
,T %
1
13%
7x/2
I00
Jan
19 % July
14
July
3%
Dec
•
2
Mar
•
Co...
common
;
•
6%
6%
1
Illuminating......*
•
Jan
76
94%
41
;
48
99%'
*
10
475
97
preferred—.*
...
8%
80
,«
1
Utensil
Fire
Patent
5%
% May
Jan
Mar
9
25,400
...
Airlines
Columbia
i\
200
13%
....
$7
Colorado Fuel & Iron
8
Mar
11 Va' Jun
Jail
7% July
5%
3,600
-1%
4
Jan
7 Va
6%
7%
2,300
3%
Feb
2%
2%
2%
4,500
lV'a
Jan
_.£1
._i
;
warrants—
Arms
__25
Apr
4
July
41
39
39%
5
10% July
1,600
39
Dec
55%
Feb
56
630
24
Jan
60
Sep
Electric—
preference
Commonwealth & Southern
100
...
54%
warrants-
20%
54%
1/64
25
Community Public Service
Community Water Service
15,600
1/64
H
20%
20%
100
Vz
__1
%
..1
9%
9%
450
*31%
32%
200
'
3\ Mar
1/64 Jan
500
Jan
14
'
3^j
Jan
July
22
1%
Apr
Compo Shoe Machinery—
V
t
c
extended
Conn
9% July
Jun
8
16%
Development ordinary
6% preferred
Consolidated
Jan
,84%
Jan
Colon
1 % July
13% July
3%
1
Jan
5 Vz
12%
Co..
Co
64%
200
16Va
Lights -Inc...
Aluminum
Sep
375
6%
13%
Cleveland Tractor common..
Clinchfield Coal Corp
Club
Sep
105
Aug
83%
'
___l
....,100
♦
Lambert
Jan
80
Sep
9
14 Va
6%
83
I
»
Electric
150
9
.—10
Stamping....
&
83%
—5
—4
....
Auto
Neon
1% May
10% May
99
98
Dec
Jan
A
Jan
25
Oct
9% Mar
109%
4%, Nov
5,900
2,900
Jan
& Suburban Homes
Claude
5%
9%
preferred
Cleveland
170
5
Apr■
4%
preferred'BB
Controller
;
"Va'
5%
102
Jan
Mining
& L
%
25
5
preferred
60c preferred B—1.
P
400
..
.——..10
common
Service
8%
4%
$6
$6
8%
Co..5
common
Consolidated
70
98
109 Va 109%
...1
Weather Strip
Childs Co preferred
Cities Service
~8'/4
.50c
Utilities
Co.—
Chicago Rivet & Mach—
Chief
98
100
Chesebrough Mfg—
Chicago Flexible Shaft Co,—;
10
Apr
pfd
common
Cherry-Burrell
6
Jan
pfd__100
—1
Products
Light 7%
Metal
9% Mar
com.
4 ■
see
Feb
714
15
115 Vz
common..
footnotes
Apr
35
'
1
.1
For
7 % May
3%
40
•
common
(E W)
Nov
33
Birdsboro Steel Fdy & Mach Co
Blauner's
39%
4,600
129
&
Hedges common
Convertible preferred
Berkey & Gay Furniture.
Bliss
14 %
21% Mar
—1
Canada..
Apr
Jan
3%
-I
.,20
Bell Tel of
T
.,10
v
11%
700
5,500
ord
rets
Cockshutt
...5
common.
convertible preferred
Bellanca Aircraft common
Beauni; Mills
1,000
9%
3%
rects ord bearer
Celanese
Clayton
1
Inc
1st preferred
Brummel
39 y8
1
common
Mfg—
Refractories
Baumann
Beau
for
preferred
Barium
19%
8%
3
Tobacco-
Clark
20%
.—
Baldwin Locomotive—
Rubber
19%
3%
10% Mar
City
'
Mar
«
City
B
7%
2
100
American
$6
Baldwin
Jan
...
American
Cities
Purchase
%
~5%
British
Charis
40 % May
——1
Patoka
700
Central
8
Avery (B Fi & Sons common—
—5
6 % preferred—.,———-—,—-25
Ayrshire
1%'
common
Catalin
Jan
69%
2'4
pfd_. 100
Co
Products..—
Voting
-
10% July
100
Nov
4%
'.
II*
Co.—,,—,——50
Corp..——1
Plywood
Automatic
Automatic
6%
G'4
warrants.—.
—
Forge common.——.
—5
Drop
Jun
12%
Line
Rayon
Jun
6%
900
5%
Fisheries.
Coast
Atlantic
5%
500
1,100
Apr
1 VB
»
A—
Class B
Jun
Aug
Jan
9
dep
Birm
Atlantic
111
Jan
Jan
100
•
9
Industries—
Tel & Tel class A
Associated
15%
1%
7
,
2%
•
Sep
May
114
8%
100
8%
May
5%
5
Jan
IOO
3l4
—5
Jan.
Oct
July.
4
Jan
2%
rects reg———- _£1
Associated Laundries of America—. —*
American
214
13 %
Breweries of
Electric
Jan
2%
100
2.
Refining Co—— —1
Canada—~ —*
&
Associated
Associated
52 May
1,700
13%
—2.50
Equipment Corp new—
Ja n
2
—
Art Metal Works common—
3-3
33 a
4%
.,——10
preferred—.
6%
5 Vb May
i4ya
14 »4
Arkansas Power & Light $7 preferred.*
Aro
13% July
Jan
3%
Arkansas Natural Gas common——•
A
Jan
60
2
Apex-Elec Mfg Co common.———*
Appalachian Elec Pwr 4%% pfd—100
Sep
Jun
13,300
14%
common,—•
.
26%
57%
5%
25
Jan
Nov
214
3,500
%
{'«
Iff
—5
Fence—,,,
class
10y8
103%. 103%
"
Angostura-Wupperman ————.1
Common
2014
>
preferred—————•
preferred———.
*
$6
10%
—2
$9 series
American
%
44
common
American Superpower Corp
1st
23 %
——
-10
Seal-Kap
American
1
Chemical.—.
&
Republics
American
114
Feb
Jan
♦
....
Co
Nov
%
^ Jan
2%
A
B
Mfg
Class
800
400
Sep
Jun
13
V—
3614
Jan
25%
2,800
97a
6
...1
preferred
Brillo
%
July
28 Va May
■
61/a July
36%
Jan
Jan
5%
42% Aug
20%
"
.100
—
V.
Jan
Jan
13%
-25
—
Jan
28 %
33
50
26
common——
Co
150
-25
;
Preferred
400
40
-20
Mach—;
Light & Trac common.
Laundry
American
.4
40
,
-25
American Hard Rubber Co
American
5%
34%
5%
34
34ya
—1
—
July
Jan
6
TIi
common.,
Butler
preferred.
4% %
23
*
Brown Ruouer Co common—
Bruce (E L) Co common
——-—.-225
A
Oct
Sep
6%
Convertible
Class
18%
11%
514
Cities Power & Lightclass A,——,—25
American
Jan
20%
.650
26%
115 y2 July
Jan
Dec
75%
1,500
-
———i—1
Mfg
78 >4
6
100
common—1
Co
75%
2—100
Co——u.
Central
American
76%
common,—_—,——•
Nov
Jan
13%
Aluminum
35%
82 Vz
*
British
Aluminum Co
15% July
11% July
Apr
i00
Corp
7%
28% Mar
24
Feb
46
,
"%
Aeronautical
Class
Oct
Apr
22 %
~9-% ~9%
::io
3%
-100
Bridgeport Gas Light Co
Bridgeport Oil Co
Oct
150
$3 conv pfd—
(Mich).,
Apr
Oct
110
110
Jan
100
7
6
—
rPrei erred
.100
700
-25
preferred—
Brewster
Nov
114% Nov
Jan
91%
—
Low
10%
7
.100
Range Since Jannary 1
High
10
T_*
...
1st preferred
$5
Jun
94
common
low
10%
Shares
'
3% July
Jan
Jan
72
104% 105'4
common
Allied
1%
1.800
-89
Co
Sales
of Prices
.
*
& Co.__„
Bowman-Biltmore common
7% 1st preferred
.
—
Allied
2%
2%
2 68
;
IVc preferred
Alles & Fisher. Inc
A
27/a'
-50
$7 preferred—
preferred
Allegheny Ludlum Steel—
Class
—23
Appliance—,
Southern-—,
(S)
(H C)
Brazilian
Air-Way
Alabama
shown
for Week
Range
Sale Price
Scrymser Co,
Bourjois Inc
47/8 May
2 VB
Week's
Last
17
Borne
8% May
,50c
—
1%
July
—2
preferred
Friday
Exchange
Dec.
Par
Oct
3%
7%
Curb
Ended
High
100
—1
Corp.—
York
Week
26
Feb
20%
—5
—
common
Convertible
Range Since January 1
Shares
1
(N J)
Accessories
STOCKS
New
for Week
Range
of Prices
20%
—
—
are
is
It
—1
Ainsworth Mfg common,,
Aircraft
1943).
.,10
common
Supply Mfg class A.
Class
17,
Sales
Week's
Last
Sale Price
17
Par
Acme
range
complete record of the transactions
a
Friday .(Dec.
Friday
Exchange
Dec.
furnish
we
the. present
STOCKS
York
Week
RECORD
on the New York Curb Exchange for the week
beginning on Saturday,
compiled entirely from the daily reports of the Curb Exchange itself, and is intended
security, whether stock or bond, in which any dealings have occurred during the current year.
ending
to include every
New
YEARLY
delivery sales are disregarded in
footnote
a
AND
the week's range unless they are the only transactions of the week, and when selling outside the
regular weekly
No account is taken of such sales in computing the range for the year.
deferred
$3
Gas
to
1946—
Coke Secur common
&
preferred
Consol G E
;
Biscuit
L P Bait
Co
series B preferred
preferred series C
Consolidated
Gas
Utilities
%
•
116
62%'
66%
114% 116%.
1,000
80
..100
..1
% May
Apr
~4%.
4%
4%
3,000
26%
Jan
32 %
Jan
5%
56%
Jan
Jan
121
103 %
64%
100
11% July
2%
•
l
common
4%%
4%
7%, "Jan
Jan
110% Jun
2
Jan
111
67
5
Dec
Jun
July
Jun
Jun
THE COMMERCIAL & FINANCIAL CHRONICLE
2494
Curb
Ended
Week
preferred
Steel
Consolidated
preferred
prior
9
9
9%
3%
3%
prior preference
$3
Co___
Mines
Range
Copper
Cornucopia Gold
Inc
Corox
———
Reynolds.——
preferred A-——.—
&
Con ,on
$6
Cosden
5%
Petroleum common—
convertible preferred.
102%
Petroleum
Creole
C
Croft
Cork International A
Crown
Drug Co common
convertible preferred
Crown
Cuban
Tobacco
Curtis
Lighting
Curtis Mfg Co
Oct
41/2
Sep
9%
2,800
Jan
8%
Dec
Jan
102 ya
Dec
Jan
15% Mar
Sep
41
5 %
5%
5%
1,050
4%
Jan
tfa
J an
1 %
1%
1%
1,300
87%
86%
87%
79
120
Jan
■
{} Jan
24
24
25
625
13%
Jan
5%
Jan
26%
25% .27
4,800
15%
Jan
7% May
Aldeu
Gien
%
%
4,300
3%
3%
200
10 Ve
10 %
2% Aug
37a Jan
1%
Jan
901/2
Godohaux
Jun
2%
"U ~~53
Sep
10% July
,:V
Oct
Sep
Great
Dec
%
100
18%
16%
18
S
May
50"
Jan
J;pi
-11
11
11
2% May
76
July
8%
43
Jan
112
Sep
Jan
100
Nov
4%
Jan
45
Jan
4%
%
52%
13
Sep
May
12%
Jan
18%
Jan
40
5%
4,900
Oct
10%
Apr
26%
14
Sep
11% Nov
Feb
11
131/4
Nov
Jan
100
200
,
Aug
31
50
89%
8%
Mfg
Mfg
Jan
Apr
.......
—
31
4%
Northern
Great
Paper.
11/2
Apr
15%
Apr
Grocery
Feb
22%
Jun
Feb
31/2
1%
Sep
3
—,5
8
Dec
10
Jan
4% Dec
July
27,
Feb
56
29%
50
22%
Jan
31%
Oct
41/4
41/4
100
3%
Jan
5%
Apr
6%
6%
200
3%
Jan
9
Oct
84%
84
.
28%
85% July
July
475
67% Mar
50
127% Mar
140
1,050
27%. Jan
36
Mar
10
Apr
.132% 133
30
6%
5%
Jan
400
1%
Jan
102%
Jan
114
Sep
107% Mar
Stores
800
4
,6%
-4
Products common__25c
Gulf States Utilities $5.50 pfd
*
$6
preferred.
—
...
*
Gypsum Lime & Alabastine—
•
July
July
1%
50/
Greenfield Tap & Die...t—.
Feb
1%
300
Jun
Mar
% May
33% Oct
52
—25
:—:
Jan
.2.50
4%
12%
108
,29%
common stock
—•
preferred......——.100
1st
Jan
Pacific Tea—:
Atlantic &
7%
Jan
332
July
.52
Non-voting
21/4 Aug
251/2 Sep
1,100
96
—*
.10
.1
5
common
Varnish
1,600
.50
Co.——;
Co.—
9%
""% ~"V"
osa
..1
Mines.,
11
15,600
42
110% 111
13%
6
10
Dec
2
3%
.—r__.
Grand Rapids
4%
Jan
75
52%
*
•
—.—•
Consolidated
Gorham
10y8
Jan
82
Jan
800
*
preferred—
$3
Jan
H
1%
41%
Gorham Inc class Ai__—,—*
July
30%
Gray
900
2
1%
class A——
preferred..^..
$7
4% July
19 %
%
"l%
Coal—
Sugars
Goldfield
6% Mar
200
■
1
Jan
% May
% Jan
*
B
Class
3 i/a May
26% July
1
High
61
10
Jun
2% May
9
Low
79
*
...
Gladding McBean & Co..-—---:
tV Apr
10%
common
Co
Goodman Mfg
25
116
Nov
4% May
Mar
common.
Inc common(Mo)——-
Gilchrist
*
100
2%
2%
2%
Apr
(A C)
Preferred
Apr
Range Since January 1
High
79
30
....——__*
*
*
*
preferred..
Gilbert
Nov
8%
36%
Shares
A
Co
13
900
200
% Jan
Low
pfd
100
preferred..*
151% Mar
13
8
$6
for Week
of Prices
79
Georgia Power $6 preferred.,—
$5 preferred—
.—
...
37%
—*
Crystal Oil Refihing common
$6
preferred
Cuban Atlantic Sugar
10%
6%
Service
Sales
Range
Last
Sale Price
stock..
_.*
General Shareholdings Corp com
1
$6 convertible preferred.
Gen Water Gas & Electric common—1
2% May
37%
—-1
*
5
•
25c
Co——1.
Brewing
Rayon
Nov
Jan
9
3
Crowlfey Milner & Co———
Crown Cent Petrol
(Md)—
General
112
11%
50
_
Public
37%
Liquidating Co—
W
Outdoor Adv
General
Jan
76
70
8%
8%
(ord reg)__£l
dep receipts
General
5%
Courtaulds Ltd—
American
Jan
Mar
7% July
41
Week's
Friday
Exchange
Dec, 17
Par
$3
•
—*
•
1—50
*
1
*
1
common
Jan
3% Aug
1,800
101
v_l
*
Cook Paint & Varnish Co
Jan
3%
300
3%
100
;
Continental Roll & Steel
Cooper-Bessemer
200
Curb
Ended
Week
High
1%
Continental Gas & Electric Co—
7%
31
225
6%
107
10
*
;-10o
Oil
Corp
Co
Textile
Consol
33%
6%
100
—a
Consolidated Royalty
LOW
33%
33'/a
York
New
Range Since January 1
Shares
High
Low
5
1
Retail Stores
Consolidated
8%
& Smelt Ltd
Mining
for Week
of Prices
Sale Price
Par
Consolidated
Sales
Range
Last
Exchange
Dec. 17
STOCKS
Week's
Friday
STOCKS
York
New
Monday, December 20. 1943
Apr
4% Mar
6%
Sep
H
////A
D
Mfg
Rubber
Dayton
....
————.
15
15
15%
,_35
34
34
34
preferred——
$6 prior
Jan
35
3 Va
Jan
100
900
1%
Jan
Jan
Feb
110
2,400
1%
Jan
10
5%
5
62%
Jan
69
12%
11%
12 %
.20
19%
19%
19%
—I
.1
%
%
Hamilton
Dec
3%
Ill
preferred-—..———
6%
24 '/2
5%
69
Qasket & Mfg
Detroit
20
600
x8%
100
18
Jan
Mar
6%
41/4
Oct
111
Rayon
Nov
13
191/2
6%
Apr
Co common
Detroit Steel Products—
Mich Stove
Detroit
De Vilbiss
7
Divco-Twin
Truck
Dobeckraun
Co
70
71
27%
100
75%
75'%
25
Test Corp
Duro
7
—
•
;
common
Oct
III
common
Jan
Nov
Jan
78
24
Jan
31%
66
Jan
76
4
Jan
8
Jan
Oct
Hormel
9% July
600
1,700
4%
Jan
•
9%
9%
50
6%
Jan,
~8%
1%
—
IS
Jan
55
54%
56
675
42
Jan
59%
C)
33%
925
19%
Jan
38i/4
20
Jan
26
28%
27%
29
28 %
27%
28%
15%
Jun
20
Dec
24%
Jun
22%
23%
15%
Jan
32% July
9%
9%
x9%
2,400
16%
16/4
50
33%
35
30
11%
•
/
common..
10 %
Jan
July
775
31%
Jan
42
Apr
800
Jan
61/4
Jun
Apr
14%
Nov
8%
51,300
2
Jan
2,000
42
Jan
87
.11*
26
25%
I100
———
3,927
43%
Jan
901/4
Jan
62
87
90%
89%
90%
51
50%
51
3A
.
.
200
7
•
x7%
x7%
7%
1,000
4%
'
'
\
—
42.%
Ji'
9
8%
50
9
1%
1
1%
1
30%
1
.
-5%
30%
31
400
*
300
'
.
9
July
31
Sep
Jan
9% May
Feb
105
Nov
Mar
43
Nov
6%
16
22%
Jan
12% May
Jan
1% July
Jan
35
May
20
500
20
2%
Jan
5%
Jun
25%
2,000
■
1
Feb
29
6,900
5%
5
—50
Dec
July
2% May
'88
'
42%
1—5
Dec
Jan
26
—•'
91/2 May
Jan
5%
,
U—'
common—.
2%
200
%
%
..10c
'
1
Jan
34 %
Sep
7
Jan
21
Dec
7%
1,400
8
Power
(Phila)
& Light
dep rets ord
3
1%
1%
1%
10,300
iy2
Jan
11%
12%
400
71/4
Jan
14%
141%
13%
14%
Jan
24
3,100
10
5
■
500
.10
$7 pre'erred..*
107%
475
107% 109
Jan
Nov
57'%
5
3%
29%
__5
Ford Motor Co Ltd—Am
10% Mar
•
Metallurgical
Association
Florida
Nov
12%
Federal Compress & Warehouse Co__25
Fire
6%
1
1
Engine & Airplane
Brewing
...
Jan
81%
Jan
6%
29%
70%
109
Mar
July
Jun
Nov
Oct
Dec
.£1
4'%
19%
19%
20
20
20
6
May
4,900
4%
19%
•
...
4%
•
reg
A
Class
Motor of
Ford
Amer
Fox
....
Co
3%
Jan
"500
15%
Jan
21%
Sep
25
16%
Jan
22
3%
1,200
17%
17%
1,100
131%
800
...
Mar
2%
Jan
liy8 Mar
3
5 '/o
Power
Co
58
100
58
225
Mfg Co
General
•
common
Alloys Co
Gen Electric Co
common
5%
"
Ltd—
~
"""""
dep rets ord reg
Corp common".
preferred series A
Fireproofing
las
&
For
Elec
$6
»
20%
Sep
9
Jan
15
Mar
Jan
44
Apr
45
Jan
64
July
1%
footnotes
see
page
200
200
5%
Oct
8% July
2%
2,700
A Jan
Jan,
2%
Dec
22% Jun
50
8
3
3%
.200
1
Jan
4%
Jun
8%
8%
300
3%
Jan
9%
Jun
4
4%
1,300
1
5
Sep
43
8%
Zinc
Illinois
•
Co..——
11
■
V, 43%
200
25
22
8%
1,300
11%
650
11%
12%
3,700
11%
Imperial Chemical Industries-%
Am dep rets regis...
—_£1
.I'
Imperial Oil (Can) coupon......
•
...
Registered
——,—11%
Imperial Tobacco of Canada..:——5
,
Imperial Tobacco of Great Britain &
Ireland ——:————.—
-£1
8%
10%,
.
12
700
9
200
7%
preferred
Insurance
Co of North
International Cigar
International Hydro
Preferred
$3.50
7% July
Jan
15% July
Jan
15 % July
9
Dec
10% July
Jan
24
112
Aug
210
91
Jan
30
20
Feb
45%
Sep
Oct
41%
10
20%
Jan
48
Oct
%
Jan
1% July
15%
Jan
38 % July
82
83%
500
69%
Feb
87 %
Sep
14%
14%
400
12%
Jan
16%
Jun
2%
Jan
11% May
1 %
Jan
8%
82
14 %
America...—10
*
6
series—
Jan
5
May;
14% July
5%
shs__*
l,70(f
7%
17%
18
8
6,800
900
400
8%
8
1
1
.1
100
%
6%
25%
44%
250
v10% July
Jan
21% July
Jan
%.Mar
21
3V
25
44%
$1.75
$3.50
1%'
1%
"
100.
July
9%
Dec
Jan
X
Jun
Jan
25%
32
Jan
45%
Dec
1
Nov
3%
Jan
Jun
Jan
7%
24
6V2
6%
30
21%
Feb
24%
100
1%
Jan
101
%
24
6%
Jun
1% May
19%
3%
1,400
250
Nov
Jan
14
400
..
19%
19%
6%
13%
.
.
preferred..
—*
prior preferred——
*
Interstate Home Equipment—
1
Interstate Hosiery Mills..———
*
Interstate Power $7 preferred
1,500*
18%
17%
18
shares
...
i
*
Products
:—,—10
International Safety Razor B_.
*
International Utility class A—_——*
1,100
3
6%
6%
17%
—:——
6%
2%
,
2%
Inc.
International Metal Industries A.
Royalty—:——,—~—~1
Iron Fireman Mfg voting trust ctfs.a.*
Irving Air Chute...
—1
Italian Superpower A__—
•
Apr
40%
__
Machine..
Electric—
coupon
Oct
16%
41%
__
Industries
—
Oct
10
40%
40V*
50
—1
*
International Minerals and Chemicals—
"
International
45%
*16%
9
107% 108
—100
;
Jan/
9%
10
common—_1
Industrial Finance vtc
Jan
.,
3
Jan
9% Jan
5% Mar
—
Indianapolis P & L 5%% preferred.100
Indiana Service 6% preferred——.100
l°w
preferred
——
-100
Feb
Jan
21
10%
a
Dec
Oct
A July
July
18%
14%
7%
400
7%
Dec
1
900
%
Jan
3%
1,600
2%
Dec
4%
•
525
5,400
2% Jan.
6%
1
17
,
•7%
7%
1
—
.
Jan
2%
66
Jan
89
Aug
97
Aug
Apr
2
Jun
6
July
x
Jacobs
Jacobs
2497.
(F L)
%
2%
Jan
1% May
14
117%
200
30
Jan
7%
14
116
Jan
2
II
—1
Co
*"
Central Pwr & Lt 5%% pfd__100
preferred—_—.—±.~u—.—100 '
preferred—'—
—-—..100
& Kokenge Co—_——
•
Jun
Feb
Xl3%
Sep®
90
Apr
13%
Sep
41/4 May
8% July
-2%
3
4
; 4
Jersey
6%
Jun
Jun
83%
125
87
30
69%
Jan
99
100
80
79
Jan
102%
Oct
13%
99 %
85
87
Jan
19%
Sep
Jan
K
July
Jan
9%
117%
Co..—...—.1 -
Jeannette Glass Co.—
Kansas Gas & Elec
Kennedy's
——
& Lamp A__
Key Co common
Kings Co Lighting
5% preferred D
Products
Petroleum
16%
Apr
Kingston
117%
Dec
Kirby
7%
—5
1%
_.*
*
pfd B_.—^^.100
100
1
1
123
May
122
10
115V2
6%
122
7% preferred—100
Inc—:
Ken-F ad Tube
l
_•
Aircraft Engine
82% July
200
II
£1
B__:
10
Jan
1
„
"~io
!_•
common
preferred
1%
Dec
68%
II
•
General Finance
Gen
5% Mar
Aug
4% Mar
6%
.IIIIII.100
IIIIII
preferred
Gellman
General
Dec
Jan
6%
22
common..—.1
preferred
——50
'
8%
conv
7%
Amer
42
3
6%
"Dividend arrear ctfs
Julian
5%
Jun
Nov
39%
800
2%
Jun
42
29
•
preferred
convertible
17%
1
(Geo A) Co
(3 conv stock
3%
xioy2
3%
common.....1
Fuller
Gatineau
Apr
20%
Jun
1% Mar
Distilling
Froedtert Grain & Malt
K%
:
15
5
.1,
(Peter)
Franklin
27%
115% Aug
Jan
France—
rets bearer
Brewing Co..
dep
Mar
5,900
Investors
'
non-voting.
B voting..:
Dec
4% Aug
4%
4
Dec
Ford Motor of Canada—
Class
23% Feb
108*% Apr
35
105
41%
41
4
Registered
Fedders Mfg Co
Jan
3 % May
14%
41%
International
Fansteel
29%
50
20
Illinois Power Co
Warrants
Fairchild
Jun
100
19
Co—,
International Petroleum
Falstaff
Sep
25
300
26%
111% 111%
19
—5
.
85,
87
*
Falrchild Aviation
11%
Nov
6%
,
preferred —————.
Hydro-Electric Securities—.—
Hygrade Food Products—..—.
29% July
5 %
-100
Inc
575
8
—4
Equipment
Jan
16
1% May
5
...15
Eversharp
30
12
1
&
Jan
.5%
preferred—
...
$6 preferred—
Electric Power & Light 2d pfd A__,
Option warrants
...
Derrick
Jan
**8%
.5
$5
Emsco
%
10%
37%
36%
36%
i
preferred v t c
...
Easy Washing Machine B—
Economy Grocery Stores..—....
& Share
Jan
103% Mar
Hummfel-Ross Fibre Corp—
■
$5
Bond
Jun
July
300
'.12*
II*
4
Electric
9%
27% July
14% July
400
.II./-";
Inc...
Humble Oil & Refining
2% May
1,000
—-*
,
July
7% Apr
11% May
11% May
Jun
1%
-25
——
4Tb May
46
400
—•
(Harvey)
Ligonier
May
22%
22
22%
—3
Co—
Hardart..—
preferred
Jan
Nov
6
16%
Co common—.....
&
59c
Hubbell
Jan
Jan
7%
& Co common—
(Geo A)
(A
& Hardart Baking
Jan
6
100
2%
x33% May
Apr
31%
•'
Jan
Jan
22%
Consolidated G M—_ —5
Horn
3'* July
11% Apr
32%
1%
.
States Corp..
preferred series A$6 preferred series B_.
Eastern Sugar Associates—
1%
31
..25
—
Horn
Jun
.100
$7
Jan
6%
Horn
Aug
.100
Gas & Fuel Assoc common..
Eastern
500
1% Aug
3%
1st
4% fe prior preferred—
preferred
—
Eastern Malleable Iron
Jan
19%
6%
Hussmann
6%
3%
100
'
3%
Huyler's common..
East
600
400
27
6%
—..25c
...
Co common—.—
Inc.——
Horder's
Mar
1%
100
10%
10%
Duval Texas Sulphur
2%
4%
4%
27
Holophane
Apr
Jan
2%
May
common————.2
Co
Hollinger
6% May
56%
i
1%
Heyden Chemical common——.2.50
Hoe (R) & Co class A.—
—.10
Jun
11
Jan
6%
10
—
,
...
class B
Hosiery
Jan
Jan
21%
2
Hewitt Rubber common...—5
Nov
21%
71
—.—*
Corp—
Harris Co
14
2
175
27
5%
Steel & Coal B—-—.——25
Durham
Sep
'
Dominion
Duke Power Co
10% Mar
Jun
May
7<r Jan
1.500
Henry Holt & Co participating A
30% Mar
3%
600
300
4%
..1
class A com—*
Dominion Bridge Co Ltd.—.—_——*
Industries
Driver
211/2
Sep
5%
5y8
*5% ~5%
„1
common
common
Domestic
Draper
Jan
10% Mar
9
Jun
50
"3%
Preferred
4% May
14%
.i——
Nov
Jan
9
1% Mar
22
10
preferred———
%
Diamond Shoe common
100
Jan
Jan
2
200
18%
18%
10
-10
Co common
3%
3
%
1,900
July
25
Apr
Heller
Foundry
Gray Iron
Detroit
12-
"l
2%
1
Corp——__—
Rubenstein.
Helena
"l
1
ctfs—1
Co—...
Mining Co.
Hecia
7
5
Feb
,i__—25
Dept Stores common..—.,
5
convertible preferred—
__50
Hearn
Jan
Nov
17%
42
20
4%
100
5%
20
of America B non-vot com..I
Hazeltine
Jun
Light
400
5
5%
—10
voting trust
Brewing
Hat Corp
Mar
6
79%
Paper—
Electric
Harvard
...
Ltd
Co
Bridge
Hartford
July
^
__3
•
Co
Hartford
Jun
72
Lamp
Hammermill
Jun
50
5%
convertible preferred—
A
19%
.100
debenture
8%
Jan
-50
Derby Oil & Refining Corp com
Oct
Nov
11%
5%
~3%
20
24
300
3%
—1
Dennison Mfg class A common—— —5
Jan
Jan
8%
1,500
15
III
—
Stores
18 %
17%
*
Class A convertible.——
Dcjay
17%
—5
Darby Petroleum common—
Davenport Hosiery Mills.™
Hall
Jan
10
Dec
"9
350
5%
Jan
14%
Apr
Sep
5%
5%
58
60
20
Sep
45
July
63
Nov
32
58
Jan
49
Nov
Jun
2 V2
2%
500
1%
Jan
4
2%
4%
4 'A
4%
700
1%
Jan
5% July
Volume
158
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4239
STOCKS
New
York
Week
Curb
Last
Range
Low
Emil)
(D
Kleinert
Kobacker
LOW
High
ft
Jan
%
Sep
Navarro
*
13 y2
Apr
16
Oct
Nebraska
10
common
Apr
12
Oct
100
19 ft
!4Vb
10
Nehi Corp 1st pfd
Nelson
(Herman) Corp
Feb
290
92
Jan
—
20
12.
*
~ 8 ft
"8ft
8»/2
1
Inc__
Stores
_*
preferred
104ft 105
100
Kress
special preferred
(S H)
Kreuger
Brewing
10
Feb
105
Dec
Co
12 %
July
12 ft Mar
100
8'/a
12%
10
-1
i
85
200
4 '/a
preferred.
preferred
$2
Nov
Lake
Mines
Shore
—100
33 ft
32
34
1
,11%
11%
Ltd
Lakey Foundry & Machine
Lamson Corp of Delaware
Lane
Bryant 7ft
Lane Wells Co
Haven
Clock
Co.
N
Y
City Omnibus warrants—
Y
&
Y
Apr
N
Dec
6
Mar
N
Feb
105
Auction
200
:6% Jan
21
20%
21
575
19 ft May
2
300
'25
25
2%
—•
—
2
25
Le Tourneau
—
(R G) Inc.
,
N Y
Jun
21
2
25
Dec
26 %.
26 ft
100
24%
Jan
10
10
100
!7ft
Jan
12%
Jun
11%
100
11%
Dec
13
Nov
17ft
Jan
24ft
lift "I ft
100
1
Material Co—
Corp
Lipton
Lit
lnc 6ft
(Thos J)
Brothers
Loblaw
preterred—.25
& Jan
preferred..—
Class
Locke Steel Chain
1st
7ft
preferred class A
6ft
preferred class B
Land & Exploration..
5%
Corp
&
Light $6 pfd
52%
optional
7ft
25%
Oct
Jan
16%
Jun
Nipissing
Jan
9%
Apr
Noma
Jan
2%
Apr
Jan
55
Jan
52 ft
:5ft
100
110
Jan
18'/a
Aug
;
Aug
29 ft May
Jan
M
y
$6
5%
Stores——
1
preferred——*
Mangel
5ft
200
(The B)
!2%
Consolidated
Mapes
Mfg
International
Marconi
munication
x24
X23
X24
Jan
35
;
Jan
24
Aug
*3 ft
Jan
6ft May
Jan'
2
Apr
300
;
i
'4%
Jan
8%
Jun
Jan
4% May
,8
Jan
13% May
",3 ft "3 ft
Ills
5%
5%
lft
$/a
.2.50
fya
78
4%
,
'
;
'
common
Co
Midwest
prior preferred—
American
Central
Penn
RR
Midwest
"2%
108
Jan
'4%
Jan
% Mar
6%
Apr
2,300
%
Jan
1% May
200
5%
Sep
7% Mar
7%
1%
Jan
6% July
8% Sep
%
Jan
2
4%
2,900
9ft.
x3ft
;2,ooo
lft
Jan
9%
Oct
Mar
9%
Feb
6,300
7ft
7
,
'.
,
8
20
•
20
50
:
15%
ft
7%
„10
lft
8%
;
Jan
~2
III
"2 ft
lft
lft
•
1,100
200
1%
425
21
108
108
Ogden Corp
common
Ohio
Brass
Co
Ohio
Edison
13
Ohio Power 4'/2%
Ohio Public
6%
8%
1
8ft
16
*
_—
15 ft
9ft
16
2%
2%
Ward A__
Montreal Light Heat & Power—
J.un
July
1st preferred—
Ltd common
Producers——
Mountain
States
3ft
169ft 169ft
16
19
Jan
2ft July
2 ys Sep
Apr
98
Jan
112
Jan
Jan
4%
Jan
-
4,600
Oklahoma Natural Gas cqmmon.
$3 preferred
$5 ft
prior preferred
conv
Pacific
Mar
16
550
%
1%
2,700
5%
Pacific
Co
Aug
8ft July
13 ft
5%
1,100
Paramount
Motors
Jan
National
Tunnel
National
Union
For
$6
Power
&
900
%
Jan
1% May
4ft
.'1,700
3'/4
Jan
4%
ft
5,000
aa
Jan
Jun
% May
98
250
52ft
Jan
102
29
29 ft
260
22ft
Jan
34
july'
28 ft
—
„
29 ft
200
Dec
23ft
Jan
34
July
51ft
Feb
53
Mar
ft
Feb
1% Apr
4
Feb
6
Jun
82
Jan
104
Aug
100
iV
4ft
4ft
200
—
7 ft
6ft
7ft
23 ft
4,900
600
24
102ft Mar.
4'/a Jan
16%
Jan
112
Nov
8
ft May
2 7 ft May
Jun
A
»
*
Ltd
-12.50
•
Mines
Radio
30C
2497/
115 ft
Jun
40
107
Jan
118
Oct
103 ft Mar
112
"5%
July
600
"5
II
114
19
.700
115
150
18'ft
5 Va
Dec
16% Aug
48
Jan
110
Feb
7
Jun
15 ft
19 ¥0
Oct
Apr
55 ft July
117
.
May
8
Feb
Jan
8
Jun
3ft
400
Jun
3%
7ft
ft Nov
23ft
Jan
Jan
7ft Jun
Pepperell
Mfg
Circle
Co_.
ft
Jan
110
Oct
Jan
99
Nov
3%
120
97
Jan
73
Power
Securities
Jan
Jan
20
Jan
132 ft
Nov
Pitts
Jan
15ft
Jun
2'ft Mar
Pierce
6%
Apr
Pioneer
Aug
Pitney-Bowes
.....
3%
Jan
6
Sep
Jan
24,200
23%
100
17%
.17%
800
8%
*.
23
9%
"4ft
4%
330
98 ft
161'ft
150
65%
450
37
Jan
36
Oct
Nov
32ft
Apr
3ft
Jan
5%
Sep
400
103ft
19% July
Jan
4,600
"~i3
Jan
28%
30 ft
100
34
34
4'ft
44
101%
101
161ft
161
97
ft
30
Jan
68
Nov
Jan
41
Nov
Va
Jan
76
Jan
10%
Jan
69% Mar
L
&
Ltd.
Postage
E
123 ft
Jan
100
Sep
Sep
Jan
74%
150
173
July
69
July
July
Jan
125
Sep
104
300
Jan
34ft
Sep
4
Jan
7ft
Oct
9ft
600
5
Jan
9% July
21ft
9
ft
33
25
33
33
23 ft
24%
•
10 ft
10'/a
10 ft
5%
5%
31ft Feb
July
34
9%
Jun
100
4'/4
Jan
2,500
8%
Jan
30
8Ve
Jan
13ft
l'/a
Jan
.2 ft
6
Jan
7%
Jun
38
5%
24 ft
Jan
•42'/a
Jun
400.
1%
1%
1,300
7
7%
400
50
50
Jun
3
Jan
900
•
Pittsburgh & Lake Erie
%
Jun
51'%
Va
7
Pittsburgh
Pittsburgh
Apr
124ft
123
_*
RR
105
% Mar
—_—_1
Meter
lft
2%
64%
65
•
;
Aug
27ft
'
]«'
1
common
Oct
Apr
28
17 ft
6%
—25
9%
6ft
26'/a Nov
10
July
Jun
Sep
ft
55 ft
57
410
47%
Jan
65ft July
10%
55
10%
100
10'/a
Jan
14%
84%
Jan
98
14ft Mar
Jan
Bess
pfd
common
Mines
,Sep
Aug
July
14
8%
ft
8ft
.
1
Co„—
Governor
Gold
5%
5%
19 Va
100
Sep
33 ft July
102
95 ft
•
Packing
14ft
36% July
Jan
86
•
common.
Jan
Jan
20
Co
Phillips
Jan
ft
800
—
31
28ft
34 ft.
34%
L—
Sep
■" 33 ft July
.
34 ft
2.50
Apr
Metallurgical
Plate
lnc
.14
100
1%
10
3,600
Jan
■ft
15ft
Jan
2
25
.M.—
11
1,200
May
35
Nov
35
Mar
10%
28%
—
-
.
—
-
11%
5,000
4ft
4ft
500
Sep
Jun
Nov
Scale
Sugar
&
Power Corp
100 ft 100 ft
common
3%
200
2'/a
Jan
13%
300
8'/aJan
14%
"l% "l%
2,500
ft
Jan
10%
4,300
3%
Feb
6ft
300
4%
Jar
7
Apr
Dec
x9
Jun
Jan
30ft July
5
—5
Nov
Premier Gold
Prentice-Hall
lnc
5
44 ft
Feb
54
July
8 ft
Jan
12
Apr
4 ft
Sep
Pressed
Metals
of
40
America
Corp of Nevada
Prosperity Co class B
1
Jan
102
Jan
12
Dec
6%
1st preferred
Jan
13
May
7%
lift
lift
lift
100
1st preferred
10%
Nov
12 ft
18 ft
19 ft
2,300
9ft
Jan
21
7
Jan
11
Jan
Nov
May
Apr
13%
Apr
2%
Feb
4%
Apr
'
1,800
1,000
lft
%
Nov
Jan
Public Service
of
Colorado—
Sep
Nov
ft
ft
■
7
7
7% July
-ft Jan
ft May
4
Mar
8ft July
Jun
8% Mar
1,900
100
.109
10
100
...10
I
Sep
Aug
*
•
•
...
5
10
10%
10 ft
10%
93%.
93'ft
95 ft
445
12
12 ft
1,100
23,600
104
Apr
109
Dec
109
109
100
Common
Manufacturing
43
7
■
Puget Sound Power & Light—
Pvrene
Jan
li's
,
.....
$5 prior preferred
Puget Sound Pulp & Timber
Pyle-National Co common
Jan
Jan
34
3%
"ft
•
;
6%
8ft
5,400
10
40
'
*
Gas
3ft
3
Va
Va
1
Producers
87ft
July
n
%
1
common
10
lft
6
19
Mining
Sep
400
2%
10%
6
2ft
10% Nov
Aug
400
lft
10%
15
Jun
Nov
'
10%
300
12 ft Mar
1%
Co
12
lift
Oct
3%
—10
Alexander—
& Lambert
Jun
13%
of Canada
10%
lift
1,1000
4ft
..25c
11%
■
92%
92ft
.7.50
...
common—
13 ft
2% Mar
92%
1
common
40
Dec
—25
Mining Co
Powdrell
Pratt
Glass—__
Wine Co.
10%
lft
Dec
Jan
112ft 112ft
5%
22 ft May
Feb
50
Power Co
12
lift
110ft
*
Co„
&
Philadelphia Co
Dec
11%
*
Jan
rr
•
Jun
4ft
—' -
—10
Jan
91
Jan
Providence
•
Jan
17 ft
10
106ft
112ft
V
;
180
10 ft
10%
,__*
2%
50
25
com.—
Apr
100
'
11%
800
•
Pharis Tire & Rubber____.
18
—r
4'ft
19%
4
4ft
15%
1
Mfg Co
Sugar Prop common...
Traffic
4%
1
—
.
Oct
97
98
___•
Salt
Water
400
lft
»
Light $6 pfd_
page
July
72%
Light $7 preferred—.*
preferred
Penn
Penn
5%
14
50
common-
common
see
Apr
9 ft
%
10
& Elec class
Penn
10%
—I
25
Machinery
footnotes
12%
;■>
HI!
$2.80 series preferred—
Penn Gas
Polaris
1%
•
&
104ft
Jan
NOV
...*
—
Corp common.
1
Pennsylvania Edison Co $5 series pfd_*
Pneumatic
*
preferred—
Sugar Refining
Tea 5ft% preferred
Jan
8%
•
Corp..
Perfect
-57
—50c
National
Feb
ih May
3%
—25
Telephone common.
preferred A—
Penn
4
*
National Fuel Gas
National Transit
Vn
6ft May
"l% "l%
tV
—25
Co...
July
13
'
Car
Jan
8
Pantepec Oil of Venezuela Am shs.
21ft May
Nov
5%
*
City Lines common
Steel
4,600
8%
1st pfd
Nov
9
common
National
10%
Lighting $5 preferred
pfd_—_ 100
Nov
10 ft
5%
*
Candy Co—
National
6%
preferred—
$1.30 1st preferred
Page-Hersey Tubes common..
lft
——100
....
&
Jan
3»/4
common
Elec
&
1st
l7/a May
112
14
Rubber
"9%
1
Pacific Power & Light 7%
Pacific Public Service—
13 ft
Corp
Power
1,200
•
8
15
•
N
National
42
83% July
76 ft July
1/128 Jan
I—1
Jan
163
150
ft
1
1%
2 Va
1
National Breweries common—
National Refining
Jan
91
•
—
Can
Potrero
National
lft
Dec
N
&-Stores
"5%
-50
Securities—
5'ft %
Plough
convertible
5'/4
-15
;
Oliver United Filters B
Overseas
Pleasant Valley.
$3
120
1,300
54
iV Sep
...5
...
5%
100
•
Mfg Co..—
Muskegon Piston Ring——
National Mfg
1/64
Pennroad
xl4%
"Lei—...—100
National
Jun
73
.100
Mar
Jan
20 ft
—10
common.;
National
3%
.100
Oilstocks
Phoenix
Mountain
preferred
Jan
1,000
.100
1st pfd.
1% Mar
City Copper common——5c
7%
7%
$1.40
Jun
2,800
•
Mountain
Hess
1%
19%
Jun
Mtge Bank of Col Am shs—
Bellas
22,800
83
109ft 109ft
preferred
Service
Phila Electric
Moody Investors partic pfd...—
Nachman
Dec
3'/a
'ft
1/64
common.
8%
8
300
~7% "7%.
..—•
*
Montgomery
National
B
Jan
5ft
—
Muskogee Co common
6ft
preferred—
Gift
71
preferred
Peninsular
59 ft
100
~7%
Murray Ohio
111ft
Jan
71
4
class
$6
Parkersburg Rig & Reel——
Patchogue Plymouth Mills........
100%
10
13
Utilities——10
&
Jan
36%
2,000
O
Apr
90
Pictures common..,.——1
Society A.—,
—1
Mountain States Tel
May
Sep
Nov
102'ft
2%
•
Apr
Nov
common——
Power
23
xll
30
200
3
25
A
2y2
49
Light 7% pfd—100
Dakota
July
61ft
12%
82
100
;
Power class
Corp.
35ft
1
r
Monroe Loan
Montana
105
50
Dec
1%
200
51%
49
49
>-*
Jud Voehringer common—...2.50
Monogram
Nov
Feb
109%
pfd.100
Jan
22
noo
14
Supply.—...
Corp.—,
95ft
113
58
•
Co
6%
400
26
lft
Mississippi River Power 8 ft pfd—100
Molybuenum
lift
...5
1%
'
24
26
—
Monarch Machine Tool
13 ft July
Jan
109
12
109
61ft
83
_*
Texas Oil—
preferred........
Novadel-Agene
Penn
Mock
102
Sep
111ft July
Apr
A
:
5%
8%
shares
Missouri Public Service
Jan
3% July
%
■■
1%
Mining Corp of Canada
Minnesota Mining & Mfg—
Pwr &
18
40t
:' 250
9ft
Mid-West Refineries.
Minnesota
Feb
Jun
Jan
"
4% Mar
..50
&
Piping
130
..—50
Public Service 6ft
Pacific Gas
ift
common——,—1
Co.—.1—
50
Xl02%
Utility Secunuies....*
Omar lnc
Apr
;1
Jan
|1% Mar
10
5
—.
Abrasive
Oil
July
Nov
$2 conv preferred—*
$2 non-cum dividend
Mid-West
111
98
...5
...
6%
Parker Pen
Mldvale
111
9%
Products—
Midland Steel
450
.1
North American Rayon class A—
Class B common....
May
2,800
—f—1
...
Midland Oil Corp
■
5
'•
Middle States Petroleum class A v t c.l
Corp
Oct
1 Va
1—-1
Mlcromatic Hone Corp—
8%
Sep
Jun
U2y2
5,400
&/d
•
4%
Michigan Sugar Co..—
—-—*
Preferred———————10
t c
1%
109 ft 109 ft
109 ft '
—1
—;i
4»/2
52
J an
38
■
Michigan Steel Tube
150 ft
Jan
25c
Michigan Bumper Corp....
v
5
%
_———1
Corp.
West
400
6
x
98 ]/4 Jan
Participating preferred—... 15
Metropolitan Edison $6 preferred——*
Class B
135
Jan
,2% Jan
31
Jan
100
;
,
Messabi Iron Co—
Middle
600
•
————-
-
Textile
800
—0
6ft ft- A preferred—
Metal
'
~8% ~9
& Scott..————*
Warrants
6%
•
common———
Chapman
4
4% May
8'/a May
24% May
Mar
II
100
.
Memphis Natural Gas common..
Merritt
68va Mar
31
10 ft Mar
Jun
4
300
4%
6%
_•
Co
&
Jun
Sep
lift
4ft
.*
McWilliams Dredging
Stores
Jun
Jun
Jan
,
Johnson
90
12
——*
Massey Harris common..
McCord Radiator & Mfg B——
Mercantile
Jun
26
Mass Utilities Association v t c—,——1
Mead
Oct
9
21%
Com¬
Shovel.—
Steam
Sep
wJ—
——
Margay- Oil Corp.
Marion
6%
Jan
J-
—«i:
Co..
Marine
Ltd—
Co
Jan
57
*
Co.—
2ft
j % Jan
convertible
$5
Manischewitz
20%, 21 ft
—
7ft
1,700
18
110 ft
Jan
Jan
1
Northern States
1%
Nov
Jan
2%
Light & Power common—1
preferred
North
1ft
Dec
1 ft
Feb
100
Mines...
Nor Indiana
1%
53
2%
:
Electric
Northern
optional warrants
400
28
—.5
Nineteen Hundred Corp B——
North
Manati Sugar
May
Oct
9ft July
Jan
103
4,400
2ft
2%.
North Amer
20
55%
54
...
common
Class A preferred
Niles-Bement-Pond
Oct
2ft May
21ft
250
27
55%
1
1/64
warrants..
18 ft
4,400
26
Jan
warrants—
optional
ft
750
6%
109% 109%
.—*
5
common
ft,
7ft
50
1
Jan
6'ft
100
A
6ft
225
4%
13ft
105 ft 107
100
B
Niagara Share class B
1
53
6ft
400
10»•'
common
2d preferred...
Oct
3,300
49 ft
Jail
.100
Class
Jan
3.100
1ft
52ft
100
—
Lynch
8ft
1ft
.——100
Louisiana
Louisiana Power
15ft
8ft
8
Corp new common——10
Long Island Lighting common.
—*
87ft
$5.10 pfd.100
preferred—..
12%
100
15ft
ft
1 ft"
15 ft
5
Lone Star Gas
Jan
310
1
5%
%
—*
A
9%
ft
105'ft
•
shares
18 y2
*
common....
Groceterias
11%
11%
10
_
25%
11 Va
Shipbuilding Com¬
^
Lionel
_—*
•'
550
10
Class
Line
53% July
50
X48%
Light 1% preferfed—100
Niagara Hudson Power
% May
32% July
4ft
Jan
49
,—.10'
pfd—
9% May
Jan'
4,300
5,100
:
5ft May
50
-
Honduras Rosario—
N Y State Electric & Gas
N Y Water Service 6%
Nov
Feb
ft
%
7
Jan
3
•
common
Merchandise—
pounders
5ft Mar
Feb
8%
8
Co
N Y Pbwer &
11% Jun
% Mal¬
i
ays
Jan
1
6ft
3
Dec
Nov
$6
common
Convertible
Nov
1%
400
6
_•
Apr
~9 ft ".9 ft
—1
;
Jun
3
..25
;
4'/4
"ift
preferred
—.*•
Lehigh Coal & Navigation
—_
*
Leonard Oil Development——
tf— 25
Lefcourt Realty
6
•
14%
\
4
Jan
*
Jan
•2ft
3%
100
,1% NOV
2,000
Nov
28 ft
i
Jun
100
1
common——
B
2%
86
«
='■
'
'
England Tel & Tel.—
39ft
,8ft
-100
Langendorf United Bakeries class A—*
Class
2ft
700
Sep
Nov
100
N
?0ft Jan
4,200
2ft
~2%
—5
12ft
2
—1
preferred—.
390
114
6
—
J)
Feb
—•
New Jersey Zinc
New Mexico & Arizona Land
New Process Co common
(N
104%
86
New Idea lnc common.—
RR
Jan
10
27%
100
;
■'
High
12 ft
5
New
Lackawanna
Low
28%
400
—
New
Y
Range Since January 1
Hish
x6'/4
Potyer 7% preferred
England Power Associates—.
6%
Sep
8%
Shares
112% 112%
•
Nestle Le Mur Co class A
14% May
Jan
Co
for Week
Neptune Meter class A.—
^
#
New
69
1st preferred.-.—100
convertible
9ft July
Jan
Oil
Sales
Range
of Prices
Low
Par
i
Kresge Dept Stores—
4ft
York Curb Exchange
Week Ended Dec. 17
,
!
common
Koppers Co 6%
High
%
—1
Rubber Co
(I B)
Knott Corp
Co
Range Since January 1
Week's
Friday
Last
Sale Price
New
Shares
;
Par
Klrkland Lake G M Co Ltd,
Klein
STOCKS
for Week
.
of Prices
gale Price
.17
Dec.
Sales
Week's
Friday
Exchange
Ended
2495
Apr
115
Nov
12%
120
Sep
Aug
13%
Apr
15
Jun
9ft May
THE COMMERCIAL & FINANCIAL CHRONICLE
2496
Week
Curb
Range
East
17
Low
:
Par
STOCKS
Sales
Shares
for Week
of Prices
Sale Price
Exchange
Dec,
Ended
Week's
Friday
STOCKS
York
New
Monday, December 20, 1943
Range Since January 1"
New York
.
Low
High
Last
.—5
(Hugo* Corp
—.
Stokely Foods Inc common.——v—. .500
Stroock
6%
Quebec
70
72 %
160
70
Jan
92
155 %
90
146
Feb
156
13
July
13
——
"
^
\
16%
T6%* '
IZi
.
Sep
12%
;
•
f*
■
200
600:
17
12%
12%
52
—-
52%
lis
High
Jan
11%
r
21%.
20
:.5o
Swan Finch Oil Corp
Low
%
—
•
Machinery
Range Since January 1
Jan
21%
Jan
20% Jun
«-«
"
Feb
July
*
Co—.,.——
Power
Sullivan
Mar
154
70
100
preferred-—-—-
(S) Co
Shares
High
Low
Par
High
Sales
for Week
Range
of Prices
Sale Price
Stlnnes
Quaker Oats common——
Week's
Friday
Curb Exchange
Dec. 17.
Ended
Week
52 %
13%
50
,
7%
200
-
;'i% July
,
il.%
Jan
13%
Oct
Jan
43
52%
Oct
12% Mar
8% Mar
,
Sep
Jun
15
Sep
:o% July'
.
,
R
19
Mar
51
Mar
St
-
1%
Nov
13
108
Jan
17,
10%
300
7%
Jan
12
300
2%
Jan
4
5
5
100
2%
16
Jan
-
Apr
■
49% Feb
400
77
70
77
18 Va
July
22
Nov
2%
"1% ~i%
& Haynes common-—1
Jan
300
2% May
:
3%
2,200
115%
Dec
7
July
22% Apr
/
8%
Sep
2% Jun
Jan
Jan
43
2%
62
July
5% Jun
Feb
6%
57%
58%
Mar
109 % Nov
107.
Mar
116
.-10
15%
16%
1,500
Jan
18
Sa
Jan
1
——■--—
— — —
7%
15%
2,900
60%
100
4%
10%
500
Tung-Sol Lamp Works—
80c convertible preferred-—-.
100
Udyllte Corp—
r4%
—i:,
4
.—1
■4
,
10%
Oct
l%July
7'/a July
4Va Jan
400
14%
60%
15%
■
1,
■
200
9
7%
*
.common-
Va Nov
1%
3,500
li!-
8%
Tubize Rayon Corp common—.
■
Feb
4
6%
1,600
'
%
warrant s—.
Oct
1
Jan
ft Jan
•
Inc
New
Jun
67
102
.100
4%
'Class A
Jan
.100
3%
'
Nov
53
420
58%
11 Va Aug
3
May
Jan
lVa
-II
T'runz
5% Mar-
;
3%
—
Tri-continental
6(4 Mar
ft Jan
800
3
3
Aeronautical Co
;L-i—1
Consolidated Petroleum———*
Dec
3%
—2%
Jan
15% July
Mar
Va
.
10
Transwestern Oil Co——ii-—
Apr
8
3%
58%
Exports——
Trans Lux Corp———
Dec
77
Nov '
16%
Jan
300
1%
26% July
Jan!
"
Toledo
5% July
Jan
4%
500
6%
6%
1
I
58%
Todd Shipyards Corp—.——.
Edison 6% preferred—
7% preferred
Tonopah Mining of Nevada
'
"5
—
Trust Co Ltd—
dep rets ord regis
Amer dep recs def reg——
Mar
100
Jan
19
Amer
.Nov
2%
17
10
Product
Tobacco
Nov
2%,
16%
10
Jan
17%
6%
Tobacco Security
'% Apr
Jan
3%
200
19
Tobacco & Allied Stocks—
4% July
Jan'"
91%
—-*
Russeks Fifth Ave
Ryerson
1
3,300
6% Jun
17% Mar
.
102
Va
—1
Roofing Inc—
—& Construction.
Tishman Realty
Sep
Nov
%
10 y4
1% Jan
1,300.
2,500
%
,
Jan
300
1,500
—5;
Tilo
Apr
5% May
Dec
3% Mar
1,400
,12%
~6% "6%
'
2
.
Thew Shovel Co common-
13%
2%
7
1,600
1
2%
%
Texon Oil & Land Co:
5%
22%
ll7/a
*100.
7% pfd—.
Texas Power & Light
4%
22%
12%
Technicolor Inc common—
29 y8 July
10% Jan
400
.—20
Royal Typewriter—
Royalite Oil Co Ltd--—
Ryan
%.
,
21% Jan
9,200
10 %
.2%
Jan
5
—1
Taggart Corp commonTampa Electric Co common—
14% July
3% Oct
Jan
%
100
11%
;
2%
1
1
.
400
23
2y8 *: 3%•
10 y8
——5
———5
———1
$1.20
Ryan
lt700
8,000
11%;
11%
common—
Petroleum Co—
convertible preferred-
Jan
~3%
Rochester Gas & Elec 6% pfd D——100
Roeser & Pendleton Inc————*
Root
13%
22%
23
•
Goods—
——*
Richfield Oil Corp. warrants-,.—-——
Richmond Radiator.——
——1
Rio Grande Valley Gas Co v t c——-1
Cable Corp
400
2%" 2%
Stix Dry
Rome
15
2%
Engineering,.——5
Aviation-—1
Roosevelt Field Inc—,
Jan
14% July
y8 Mar
.
10%
10%
Reliance Electric &
Rice
Jan
46% Nov
————\
Roller Bit Co-———,
7%
V*
common———10
Raymond Concrete Pile common---—*
$3 convertible preferred—
*
Raytheon Manufacturing, common—50c.
Reed
Jun
50
14%
'
-
Rath Packing Co.
Republic
2%
6,600
12%
1%
'
Voting common——-10
Railway St Utility Investment A,——1
Red Bank Oil Co——
'St Jan
1%
12%
"
1%
Radlo-Kelth-Orpheum option warrantsRailway & Light Securities
■
'
9
Dec
10
Apr
14%
Pec
15%
Dec
39
Jan
73
Oct
1%
Jan
6%
Jan
,5% May
11% Oct
U
St Lawrence
1%
Corp Ltd-—————-•
12%
pref—5C
common——i,—5
preferred——-—
—100
Class A $2 conv
;
St
7 Vr
Salt
2V2
Lace
26%
700
27%
25%
&
cum
Jan
55% Dec
32
July
'
44
62
Oct
59 %
60
10%
200
7%
Jan
16 y8
July
2%
2%
100
1
Jan
x3%
Feb
46
Dec.
July
Apr
:
—
*
Lock & Hardware—.
——1
gelberling Rubber common——— *
jBelby Shoe Co
;
——1•:
Selected Industries Inc common—„—1
Segal
38%
1
7
,
'
25
1
6
'.
..
%
7,000
'
1,650
68%
3
9Va
$7
Safety Control
class B
:
Seton Leather common—
Sliattuck
Denn
—1
1
.—
—-
Jan
10
Jan
52 y4
100
class
Molasses
Co
5■
■
Jan
2%
-25
2%
1,700
2%
300
11%
90%
91
91
■
111%
10%
preferred
United
Jun
Soss
8
$5
July
——
222
S
1
Jan
175 3%
Jan
241
3
Dec
5
Mar
96
70
,
109
2%
100
3%
109
2%
Jan
109
Dec
;
10
2%
600
.2%
3 v4
1,100
2
2%
2,700
2%
•
4%
4%
700
1%
Jan
2%
800
2%
Nov
42%
43%
31
29%
29%
1%
Jan,
Nov
32
preferred
100
Southern New England Telephone—100
63%
63%
Jan
44%
Nov
33
B——
——
Insurance—
Pictures
Phosphate
Southern
Pipe
Co
129
,
,
28%
Feb
32
Jan
2
40
-129
Aug
72
Mar
5%
129
9%
9%
1
;
—
fi 3.4
5%
6%
Jan
,4,300
6%
Jan
1,100
10
IV'2
Jan
,
23
9%
12
79 "A
2%
2%
100
1
2%,
•
Convertible
preferredStandard Dredging Corp
preferred—
(Ky)
(Ohio)—5% pfdStandard Power & Light
Oil
40
.Jan
4
'
,
1%
io
i
Venezuelan
;
Co
%
Jan
Jan
2%
2%
-
5%
18%
3,300
■
400
16%
16%
17%
18
1,200
110% 111
17%
class
Starrett
B__,
125
"~ft
%
"73,'i
7%;
150
ft
900
Jan
Jan
13
Jan
12%
Jan
110
(The) Corp voting trust
Steel Co of Canada-
Stein (A) & Co common
Sterchi Bros Stores
6% 1st preferred
Z—~ZZ
ctls
1%
see
page
1
206
Petroleum
1 '
ft Jan
54
12%
5
.
12%
5
Dec
July'
100
9
Jan
100
2%
Jan
35
18%
114
16%
2497.
13
:
17%*
I8V4
19%
50
2
.
300
2% May
July
22
19% Nov
Jan
21
Feb
3
May
68% July
197/a July
42% Sep
150
%
,
Oct
4%
Jan
2
100
1%
74%
1%
Jan
2
2,025
3%
3%
.
1,200
2%
48
46
47%'
Feb
Aug
15% Aug
14%
4,100
19%
Apr
Apr
7% Jun
16
£0
19%,
18
.74%
,
74
Jun
2V4 May
Jan
76
Jan
49
Sep
•
100
%
900'
1%
1%
24%
24%
25 Vt
130
9%
9%
97a
3,900
l7/a Nov.
Jan
:Jan
4%
44
32
Jan
.12
Jan
18
850
113
98
109%
113
10
July
.
Sep.
Dec.
July
200
7%
Jan
2%
200-
2%
Dec
Feb
10% July
86%
:
8%
5%
8%
—*
Apr
97% Nov
15% July
2 y8 July
[.
64
Coal
&
Coke
Air Lines Inc—Grocer Co—
lT
500
6%
Jan
1%
Jan
H
8%
10%
475
2%
Dec
,
Jan
Jan
Apr
13
Dec
Jan
95
May
21
11% July
July
13
Feb
—
Oll-O-Matic
Products
Heating
-
Americnn
:
9%
6%
Wright
100
Jan
Jan
7% Mar
.
97/a July
1%
9
Jan
108
3%
Jun
Nov
4
Jan
„•
7%
7%
.
7%
Hargreaves Ltd
-
100
2%
5.400
6%
£i
——•
4% Mar
Jan
receipts——„$•
Preferred
Sep
May
5%
200
—1
1
26
15% Sep
97/a Jun
9% Oct
<F W> Ltd-^
deoosit
19
Jan
5%
9
9%
9
9
—„*
Inc
•
14%
1
__io
—
Oct
Apr
9
10
Woolworth
-
6%
5%
r
320
20
—
;
Woodley Petroleum
1% Mav
10%
600
,
Dec
110% Nov
Jan
Inc
Willson
4% Nov
200
8
18
15
Wisconsin Power & Light 7% pfd—100
Wolverine Portland Cement——,
10
.12% May
30C
1V4
7%
7%
4%
4
700
Coal-
Williams
Oct
9
~5%
ft May
15
Jan
Jan
67
Weyenberg Shoe Mfg
Sep
3%
98%
"4 %
—20
Wichita River Oil Corp
Williams (R, C) & Co____
Oct
lVa
2%
Westmoreland
56% Aug
13% Oct
12
1\ Va
1,100
4
Westmoreland
ft May
44
Apr
■ft J an
%
37/s
_5
Western
%
100,
5% Mar
Feb
100
%
1%
Maryland Ry 7 % 1st pfd—100
Western Tablet & Stationery com—*
2% May.
1% Jun
Jan
Jan
Va
7%
lVa.
,
—«
-
Western
Oct
8% '
9
West
■
—*
—-
——
Western
11% July
5%
'2%
—
iVMay
ft May
3%
ZIZZZZZZ*
3
Dec
Feb
1
Mining Co—
—1
Wayne Knitting Mills——
—5.
Wentworth Manufacturing
-1.25
West Texas Utility $6 preferred—*
Oct
1
8%
class A—,
.Class B
Sep
" ~l
_
Jan
15
——8
——■-1
Walker
July
17% Oct.
Feb
7y4
Waitt & Bond
Sep
3
ft Feb
1%
500
50
II!I!
•
W
1
May
6% May
19% Oct
Jan
Jan
ey8 Nov
1,400
!%•
20
_
common
-y8
1%'
I——I
~!~~1
Products—III!!"'
Sterling Brewers Inc
Sterling Inc
Feb
% Aug
ft Jan
2,600.
2%
,
16'A
Aircraft Co————•
Wagner Baking voting trust ctfs ext—•
7%
preferred..—.—100
% May
.
Jan
1%
»
"
preferred
Jan
s3a
6,400
7%
12%
16%
i
;
Jan
•2% Jan
1%
II
Standard Slver Lead
Jun
2%
4%
Waco
5% July
Jan
•
1
37/a
Dec
10
—1
Virginia Public Service 7 % J?fd—
Vogt Manufacturing
Jun
2%
•
Preferred
1
'
4%
18
100
Common class B
Jan
'
Dec
500
%
"5%
—20
—
Aug
1% May
80% Jun
Sep
1,100
%
3%
1
common—
$1.60 convertible
Sterling Aluminum
4
10
Standard Oil
Products
2%
2
Dec
Apr
»
Standard Brewing Co
;
2.78
Standard Cap & Seal common—1
11
Jan
Jan
Jan
60
200
July
6%
7/a
.%
-
Inc—
footnotes
X76%
300
Jan
July
%
-
——
For
%
Sep
6% July
8% July
,
•
i—*
•
Co
7%
1,000
Valspar Corp common—
———1
$4 convertiole preferred———5
Nov
6%
Apr
7'A
5
;
..
B)
2%
50
tt
-
■
(J
3,500
9%
preferred—*
Utah Radio Products———r—1
Utility Equities common—,——10c
$5.50 priority stock-————1
Nov
115
_10
.-
Spanish & General Corp—
Amer dep rets crd bearer—
Amer dep rcts ord regis
Spencer Shoe Corp—
Stetson
5%
—1
Voting trust ctfs.-——
Sep
May
63
-10
—:
Line
Royalty Co
(AG) & Bros
1st preferred
2d
5%
i
•
——,—,-8
common—
—
Southern
Jan
9'A
va
Sep
Aug
%
50
Power class
7%
5%
4
Dec
July
Jun
200
Tube
200,
4%
9%
Universal Products Co————*
4% July
49% Jun
29%
900
1%
Standard
47
5%
Utah Power & Light $7
40
10
200
A—25
Standard
73%
Sep
mf.
43%
31
Standard
Jan
42 %
230
4%
X76%
—
Utah-Idaho Sugar——.——
37y4
900
Class
Paper—,
Universal
•
42
Aug
% Jun
6%
63
1,425
Edison—
California
.
,
68^a
44%
%
—
5% July
Jan
2%:
Wall
Universal
28%
42%
original preferred————i23
preferred B—
——-25
5%% preferred series C—
25
.
67.
44
68%
Rubber Reclaiming—
4% May
6
Jun
■
Jan
2%
Pipe Line———10
Colorado
Apr
4% July
Jan
'3 y»
.
6%
Stahl-Meyer
100
6
l'A
U S Radiator common-:—
Jun
260
13% July
.
——1
———
225
3%
—1
—
200
2%
2%
5 %
,
6
preferred with warrants
1st
4% Jun
Feb
ft Jan
2% Feb
Universal Cooler: class A——-*
4%
2%
Spalding
July
—1
..
common—-
2% Aug
Coast Corp common——1
South Penn Oil———
25
Southland
July
93
1.000
United Stores common————50c
Manufacturing common——1
Southern
Graphite
United
South
1
39
Feb
Universal Consolidated Oil,—.——10
1%
Southern
Feb
80
•
5
S Foil Co class B
Oct
Co_
Pa
14 May
% Jun
61% Oct
29%
1,700
250
U S and International Securities
Nov
Corp——
Southwest
Jan
5,500
%,
78
1
15
—1
Sonotone
—.
28
2%
Jan,
%
,
100
-4'
■
--
-28
Specialties common——.
U
119%
%
21% Jan
7,900
35
■'
;.
■■
-25
common.
—
21% May
Manufacturing Co
Solar
—
Machinery
Shoe
10%. Mar
-
common——1
Singer Manufacturing Co——100
Singer Manufacturing Co Ltd—
Amer dep rets ord regis—j—*—£1
Sioux City Gas & Elec 1% pfd——100
Aircraft
35
.
'
-10
*
——
Simplicity Pattern
Solar
■
July
18 May
Jan
3% Mar
U
Apr
12% Jan
.—-*
.%
%
%
•
4% Jun
123
Jan
'
Sharing—
Jun
100
ft
ft
115
4,400
ft
'
55% ",56%
■
.250
Profit
Apr
16 %
Jan
83
600
.
4
Dec
:■
56%
*
,*■
8% July
■
Jan
12%
1,250
'
-A
-
♦
preferred--——*
common—
convertible
Jan
CO Ltd—■
Preferred
Simmons-Boardman Publications—
$3
ft May
16
May
% Jan
-100
U
Silex
Dec
1% May
i
dep rets ord regis
Amer
July
4 %
*
B————-—-
United N J RR & Canal Co——
% May
■
Sep
12%
.
*
of Canada--
60
Jan
ft Jan
25,000
12
■■
United
May.
73
Jan
3'A
pfd series AAA——100
cum
Sherwin-Williams
Jan
%
:
10
'
—
117% 118%
k* 00
♦
participating preferred-
United
72% July
ft Jan
100
iff'
.
*
Shawinigm Water & Power—:
Sherwin-Williams common——
5%
iff.
5
Mining
',
2%
■
preferred—
1st
United
Sentry
57%
•
$3
May
l%.May
■
Serrick Corp
■;
,2
■
United Milk Products——
Jun
17
51% Jan
250
67%
67%
—.
2,400
$6
1% July
% Jan
4V2 Jan
1'3 Va Mar
5,500
7%
7
'/s
■
.67%
29%
100
1
%
,
.—5
—-
38%
38%
'
7%
*
preferred non-vo'ting——
Option warrants--———United I'ight & Power common A-
■
Sepman Bros Inc———
prior stock—
Allotment certificates-
July
3,300
—
,
July
17
36,400
A
3
14% May
.
Jan
100
1%
'
2V*
.1
United Gas Corp common——-
9%
58
59%
——
$5.50
60
■
Jan
!
■2"9%Nov
Jan.
Commun
,
•
Jan
12
ft
".','4Va May
7%. July
July
6%
100-
1%
1%
.100
Stores——
Corp warrants
——,
United Elastic Corp———j——
1st
Securities Corp General-—-—1.
Convertible stock———
13%
60
participating pfd™
Cigar-Whelan
5
100
1,000
■13%.
United
Service-
common
Chemicals common__——
Jan
17%
common—
Co
Products
United
$3
.
~7% ~8
3% May
3% May
Jan
Dec
3
5%
5%,
.
1
Aircraft
United
.
Jan
2%
,800
2,200
—.
United
Oct
2
1%
of Canada——
Aug
2
2%
.
"2% "3
'
preferred——————*
Steel
54%
26 %
In\ estment common—
16% July
Jan
1,000
54%
Gas
Union
3% July
Jan
%
22 Va
Union
36
Jan
5,100
;2%
55 %
Oct
3% July
Jan
12%
1%
2
Unexcelled
11%
Jan
%
■.%Jan
common—
Scranton Spring Brook Water
Scuilin
.
common—
tD A)
Scranton
SB
2%
24%
*
—1
Con vertible preferred————25
Scovill Manufacturing
_—25
Scranton Electric $6 preferred—
-*
Co
7,100
1,600
9%
.1%
——5
Savoy' Oil Co—-——Schiff
Schulte
8%
2
Dec
2%
:
Corp——— ,10c
Manufacturing Co,—— -10
Realization
Ulen
4J/4 May
144
Jan
115
Sep
16% July
Dec
Jan,
1%
18,000
530
9
■
Samson United Corp common——1
Sanfovd Mills—--—:——
•
:
4
144
138
,144
Co—————-—-1
Dome Oil
12%
3%
4
Regis Paper
"
2%
Apr
.12%
25
.
5
2
12% July
110
,
Sep
4% Nov
8(4 July
Jan
10
Jun
Aug
Jan
5
Aug
4
Apr
'
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4239
158
Ended
Interest
Period
Exchange
Curb
York
Week
17
Dec,
Last
Bonds
Range Sin<%
Bid & Asked
Sold
January 1
Sale Price
Low
American Gas & Electric
2%s
f debs_
3
3'/aS
s
f
s
f
1
deb
Lt
Amer
Pow
Ameir
Writing
&
6s
.2016
.
—1961
Appalachian Elec Pow 314s—-1970
Appalachian Pow deb 6s
,—..2024
Arkansas
Lt
&
Pr
Elec
Associated
6s__
Paper
Curb
Ended
Friday
Exchange
Dec.
Interest
17
Period
104%
1956
5s.
.--1953
4%s
.
105
Low
M-S
1
104%
107
96
4
88
104
104 vi
100
$125
78
23
23%
109
5s___
Ohio
1st
-1945
Power
1st
3%s.
mtge
A-0
deb
4%s__
.1948
AConv
deb
4%s;
M-3
.1949
J-J
22%
.1950
F-A
23
22%
ADebenture
.1968
A-0
23
22%
23 %
.1977
F-A
22%
22%
23
833/a
84
——.
&V2S—. —.—a
deb
AConv
■■■.
Ss
•
.1955
5%s A
Assoc T & T deb
M-S
•■
_
_
,
:
13%
;
City EIpc 3 'As——
Atlantic
.1964
M-S
15
.1947
J-D
$102
B———-—1957
J> D
11.4%. 114%
1st
92%
106%
1979
Bell
M
5s
series
5s
1163/4
series
C
Bethlehem
:._1960
Jif-N
Q-F
—
6s
—
6V2S—
Inc
,..1962
Birmingham Electric 4%s ———,—1968
Edison 2%s_____—
_197G
Boston
32
115
120% 120%
H
$150
Rapid
117%
121%
109%
Power
Public Service Co
Potomac
4Vis
M-S
103
103
103%
3
102%
106%
J-D
102
102
102 %
'24
101%
1043/4
M- N
100
1st
Northern
111
,E1
5s—.—1953
Power
Gas 3%s—...—1964
&
_1948
ACentral States Electric 5s—
■
ii5V2S
-
Central
.———1954
—
States
L 5%s
P ft
——1953
Rys 5s ctfs—
—1927
Cincinnati St Ry 5'/2s A—-——1952
SAChicago
series
6s
Cities
deb
Gonv
10
85%
100%
1
105%
37%
M-S
35%
37
37%
37%
114
72%
74
F-A
4
102% 102%
A-O
45%
lOOVi
103%
75
Corp
5s
E
4%s
(Can)
Service
6%
of
Debenture
——.1969
M-3
96
M-N
100 %
100% 100%
J-D
100%
100% 101
& L 5%s_.
97
98%
83%
98%
5
97%.
—1952
5s—.
84%
38
84%
99
101
85
198
J
——1949
—
32
86
Connecticut
Lt
&
Consul
El
Lt
Gas
A_—1—1951
7s
(Bait)—'
&.Pr
M-N
Real
Estate
J-D
106%
j-j
103
103
103%
$122
122%
mtge2%g'ser Q.—..1976
Consolidated Gas tBalt City)—Gen, mtge 4%s—
^————..-1254
A Consolidated Textile 5s^ stmpd—1953
M-N
tlontihenial Gas & El 5s—-/-ilkaS
>V A
—.—.—1944
3-D
fel
"
„
Carolina
> Cuban Tobacco 5s—
3%s_^——-.1955
98/4
90
105%
:
.
82%
'
99%
79
91/a
93%
134
79
114
,6s
104%
..1956
M-S
—1952
JJf-3
105% 105%
M-N
106
'
$122
P
—
.1954
Florida Pow & Lt 5s.—
106
6s
123%
"5.
103
3
>24%
103
106%
-
107
6s
51
M-S
57
15
104%
Serv
Georgia
A—————1969
—J''53
...
1948
—1978
Light bs—
&
Powej
rial
4ld<>n
,
5s——.
Co. 6s ser A.
General Rayon
(hit
33/4S
Power
Pub
General
102%
29
102
97%
1
97%
$-_■
J-D
98%
913a
97
7-4s
West
Trunk
Nor
Green
Mountain
—1950
4s_
stpa——1950
5s
Power
Great.
1013/4 102
"4
99%
99
99%
6s
95 Va
95%
95%
101% 101%
J-J
102%
Toledo
1001/4
Twin
57
Grocery Store Products——.——1945
Guantanamo & West 6s..—1958
3
98%
95
95
1
$64
J-D
J-J
65
102%
108%
13
109% 109Vi
103%
79
4
72
103%
104
114
127 %
131
68
4
103
A-0
1947
J-J
J-J
105%
M-S
104
3s_... 1965
1970
103%
87%
70
85%
103%
1
105% 107
5
103% 104
45
$106% 108 %
97%
100%
5
104% 104%
A-0
98
108%
V—
A-0
J-J
1951
F-A
1970
Ft A
$102
8s
72%
105%
100%
1043/4
103/a
105%
103%
y
107
102%
1053/4
105%
109%
103
'
"
105%
72%
106 Zi
■
74
78
52%
..2022
M-S
304%
1989
M-N
80%
a.'.May 1948
A-0
May 1948
A-C
1951
F-A.
87
86%
104% 104%
77%
-
75%
106%
$105% 107%
;
108%
96%
62
107%
803%
8
80%
49
1957
86%
86%
;
17
<
-86%
87%
-28
86%
86%
23
86%
27
86%
13
A-O
—.1946
87
86%
86
F-A
..^1950
86%.
:
F-A
J-J
Power ,&
6s
■
86%
86%
26%
•
20
27
•64%
■
25%
22%
22%
87 Zb
65%
87%
65%
87%
23 Va
-
87%
64/a'
%
873/4
65%
•
9
$22/4
87%
65
32
12 Zs
32
deposit
Industries—
stamped
&
5s.
J-J
_.„1960
Light 5s
107/a
*
107% 107%
6
25
108%
19
106
5
111
101% 1013/4
101%
24
90 %
103%
5
107 Va
109%
J-J
1952
3-D
1949
J-D
111
111
1959
A-0
107%
107% 107/4
5%s_1952
A-O
104
103% 104
5%S
Va
105/2
116% 116%
F-A
1968
City Rapid Transit
13
lOS/a 106/e
J-J
..1979
3%s
"
M-N
1956
2022
5s
Power
Edison
A-0
.1946
Service
A__
Power
5%s
1st lien
&
&
J
4s
108% 108%
96%
96%
96%
26
109%
116%
85
Lt
Light & Railways
66
6s
&
(Delaware)
(Maine)
1952
&
111%
1st
104
91
102%
Debenture
$101 -.102
93
7
96%
110%
2
106
112%
109
-
963
104'%
114%
12
117%
—
F-A
2022
Light Co—
4%s._
F-A
1944
A
series
Utah Power
hen
Rys
111
Co—
cons
United
United
95
44
N
Light
United
111
106%
78
Electric
109
M-N
$115
'
115%
102
1968
3-D
Hvgrade Food 6s ser A—..——Jan 1949
6s series B
———————Jan 1949
A-O
$101
A-O
& Pwr 3Vas
Lt
Houston
11
,
...
$70
156
97
91
2
103% 104
F-A
97%
110
$127
J-D
Powe:
90 va
1
J-D
97
110
106%
138
13
87%
.1957
Water
95%
110
102'%
139/2
A-0
.Dec 1 1966
series
93 Vi
78
M-S
-.1963
3%—
Pow
138
M-S
6s_..__._
Electric
Tide
112'%
(Calif)—
...
(Hugo)
United
Grand
L
of
112
<
77
Electric—
6s_
2nd
Texas
105
<
63
M-S
4v„.,
(Adolf) 4%s series A..—.1941
AGobel
97%
t-3
93
1033/B
20
104% 104%
A-0
J-D
1967
3%s
Light
AStarrect Corp inc 5s
Stinnes (Hugo) Corp—
v7-4s. 3d stamped
107%
102
102
110
$104% 104%
.* D
debentures.^
Standard
Stinnes
104% 104%
J-J
1951
stamped
gold
Texas
Gatineau
...1979
1971
&
&
Ceitificates
J-D
3-D
Rys ,4s—
.(stamped).
Conv
Debenture
Debenture
; 93%
87% 103/4
124%
'
—
Gas
Standard
102% 103%
,102%
107% 107%
Southwestern Gas ft Elec 3%s
Gas
101%
106%
$92%
3-D
1970
Gas
Counties
97%
4
M-S
Spalding (A G) deb 5a
101
Federal Water Service 5%s—.. 1.1954
Finland Residential Mtge Bank6s-5s stamped
.i —— —1961
J 968
Florida Power Co 4s* ser, C—A—
Elmira Water Lt & RR 5s.
Empire District 'El 5s—
;
F- A
4
...1959
Edison
1233/4
2
92%
92%
99%
110%
..1957
California
'
:
99%
1
6s
California
131%
14
103% 1033/4
Af-3
Packing
Cudahy
.
118
108
j._j..1951
Southern
121
99%
89%
,
M-S
Eastern Gas & Fuel 4s ser,A_— —1956
'Electric Power Si Light 5s— .w2030
99
105
106% 103%
99%
13
5s
Power
100
6
104% 104%
.1
M-S
J-J
110% 110 34
6s_._
4Vis series D
Sheridan Wyoming Coal
Southwestern
A-O
117 "
109
1013%
10
112%
105
6
110%
111
110% 110%
1st
1st mtge 3s
Southern Indiana
103%
106/2 106%
$109% 111
109%
106 /a
107
A-0
Shawinigan Water & Pwr 4%s
Southern
.
3-D
rni.ge 3s
106
6
Joaquin Lt & Pwr 6s B__.._„1952
.'20%
117
.
sec P^————.1969
.1st ref
"1st
:
..$117%
series1 N—--1971
'3%s
,
Pr
1
22
97
South
101%
,
'■
108%
116% 116%
A-0
Southern
5 ZaS
39
107
105
107%
M-N
4%S-__
ASchulte
114
30 %
102%
170% 107%
J-D
Harbor Water
Scullin Steel lnc mtge 3s
,
105/a
'
26
F-A
Queens Borough Gas & Electric—
5 Vis series A
..1952
101
973/4
101%
30
J-J
138
105
98
103
38%
104% 105/8
$107
M-N
89
96%
u$37-%
1949
103
97%4
109s /
100%
107
New Jersey—
certificates......
perpetual
102
97%
104%
106 %
:
;___..1964
$100
98
104
111%
3
2
,.1961
B__
$104% 105
A-0
-.A
107
%
Colorado—
of
A-Q
J-D
108 %
107
J-D
..1962
...
M-3
——1—1958
5s„
108
10
...1958
F
mtge 3%s
Public
San
110
105
102',2 102%
Safe
46
101/4
192
75
————1950
5s
Debenture
P
13
100
$100% 100%
J- J
ficcson
series
46
13
78
36
J- J
6s
Sinking fund deb 4s_
107%
107
Co—
1966
Jan
5s
-Cities Service
100
106
Transit
1955
B_—
service
100
106
J-D
5%s_
Power
Coke
ft
102%
v
Canada
Central
308%
102/a
M-N
stamped extended._._.l_.._1950.
_i
105% 105 Vi
A-0
A 5s
7
180
106
1970
Elec
Portland Gas
_z——-1998
—
Steel
Bickford's
.
104
39
108%
109
105%
91
1
1972
3%s
Philadelphia
'
of Canada—
Telephone
1st
108
101%
Philadelphia
without
t-i O
5s—
54%
104
109
M-N
Pennsylvania Water & Power 3%s_1964
109%
99 %
114%
$108%. 110
IB. P.)—
warrants—..
& Sons
5s
P-A
J-J
1977
26
;i4
72%
.
■
Avery
F-A
26
87
.
A-0
-1964
26
12%
115%
F-A
-1955
26
13%
66
.
108 %
89-%
$103:% 104%
-1948
26
81
23%
...
14%
177
23%
AConv deb 5s__.-_——
35
High
103 %
»—! 0 CO
-1962
& Elec Co-
Gas
AConv
I
115%
83
104
g 1955
SAssociated
109
112
89%
A-0
79%
Low
No.
109
M-N
-1968
1
5s
Range Since
January *
Sold
$103% 104%
J-J
109
Ogden Gas
Bonds
$115%
J-J
-1948
Utility 5/as
High
109
J-J
1954
Continental
127 z2
46%
126
■'
77
77 Vi
J-J
6
100
106
129
107%
107
A-0
vi
106%
11
107% 103 %
.
Debenture
North
106%
124
99% 100
M-N
-2004
111
108% 108%
J-J
3-D
J-J
-1964
10,8%
107%
■15
Week's Range
or Friday's
Last
Sale Price Bid & Asked
High
103 %
104%
106% 106%
106%
J-J
J-J
———1970
:
j104
J-J.
1950
.—1960
dens.
York
Week
Low
No.
High
New
Co.—
—-
debs
3%s
bonds
Week's Range
or Friday's
Friday
BONDS
New
109% 110%
110%
&
gen
6s
series
A
103% 100%
110%
110
1
95
100%
110%
20
96
110%
68
Waldorf-Astoria Hotel—
Illinois
P 1
to
1st
5s
c.
series
1958
•
-
5%s series B—1957
ref
&
A5s
6s series A————1953
ref
t»t
Light Corp—
ft
Power
1st ft
5s———1958
1950
1st nen ft ref 5s_—
—-1963
A Indianapolis Gas 5s A
—1952
Indianapolis P & L 3V4S—
1970
Indiana
H,\dro-Elec
Indiana
Service
5s—
106
105%'106
30
104%
108/a
Wash
Ry & Elec
J-D
104%
104% 105%
26
92/a
107/4
Wash
Water
104 Vi
West
Penn
103
West
Penn
M-S
./
M-8
'
104
104
"
$102% 103
92"
933/4
,
J-J
93%-•
F-A
94
91%
94
1
94/4
101
80%
80 /
$11,2
..
M-N
93
6s
115
6s
115
1073/a 108
stamped extended to
109
IA York
.
International
at)%s
1941
1
E
series
A7s
——1953
J-D
coup)—1955
.—.1957
FA
C
(Dec
1.941 coupon)—
.1957
A 7s
series P.————————1952
A7s (July 1941 coupon)——.1952
Interstate Power 5s
—1957
Debenture
6s
1952
A7s
$23
—-—
6s——1963
Superpower
18 Vi
30
A-0
$109/4 110%
J-D
4%
30%
108%
115% 115%
10<H,
103%
102%
110%
110
110%
A
Rys
Co
Stamped
...
100
100
F-A
1959
5s
5s
P-A
stpd
1937
81
J-D
93%
96%.
97
1
81
96%
J-D
1947
100
97
85%
II8V4
100%
I
63%
4
75
100
73%
100
3)
84
38
20%.
6
17
35
24%
7
16%
35%
20% -20%
20%
20%
24%
20%
(Aug
Altallan
$108% 103/a
Sec-—.
Power
series
A6V2S
5s
23
25%
$108% 112
Newspaper Union—
unstamped extended to 1959
105%
23
23
3-D
1960
!
5s
Traction
M-S
J-D
2030
;
3%s
Western
-
A-0
Electric
1954
1951
1964
4s
Power
112
46
96Vi
1
dibs
income
A-0
4
16%
33 Vi
19
35Vi
24
J-J
4
21
16
86
20%
24
20%
J-J
88%
90
74%
94
59%
24
36
67
23
107
17%
Foreign Governments & Municipalities
35
-
87%
J-J
58
J-J
'
$25
44Vi
16%
27
BONDS
York
Jersey Cent Pow & Lt 3%s_—
1965
Kansas Electric Power 3 %S———3966
M-S
107% 108%
107%
J-D
$106% 108
110
1063/i
Week
Curb
Ended
Friday
Fxchang#
Dec.
-Period
108
Week's Range
Last
Interest
17
or
Friday's
Bonds
Sale Price Bid & Asked
Sold
Range Since
January
I
1
—.2022
1969
Kansas Gas ft Electric 6s
Kansas Power ft Light
3%s
Kentucky Utilities 4s—
Lake
Superior Dist Pow
Louisiana
Pow
,.—
—.—1970
3%s_,——196t>
& Lt 5s_
1957
—
M-S
$121
122
121
123
J-J
$112% 114
111
113
106%
lC83/4
A
107%
109%
A
J-J
108
A-0
$106
J-D
108
104% 105%
104%
1
108%
22
Agricultural Mortgage Bank
104% .llOVi
20-year
20-year
Bogota
Mlg—
..1948
4V2s—
:—1947
Edison 4s E——.1971
Radiator &
stamped—
6s
Mengel
Co
48
G—
series
Midland
1965
...—
Middle States Petrol 6'/as
—.1943
Valley RR—
•'
FA
■
99
.-
M-S
99%
5
86%:
101
1
100%
102%
107
1073/8
2
105%
107%
1
107
112
100%
-
M-N
M-N
-
■
J-J
109'
*
109
101% 101%
14
A-O
...
63%
64
10
107
1
Valley 7s
.1978
J-D
105%
1053/4 105%
49
13
.1955
J-D
108%
10734 108%
8
Mississippi P ft L 5s
...
Mississippi River Pow 1st 5s__
.1957
J-J
1053/4 1.05%
7
.1951
M-N
Nassau ft Suffolk Ltg 5s——...
.1943
National Public Service 5s ctfs.
.1978
P & L 4 Vis—
1st
&
ref
5s
.—...
—
Nebraska
6s
New
Power
107
series
A—_
Amsterdam
New Eng
—
Gas
.2022
New
New
deb
M-S
England
New
A
Power
3%s
-
Orleans
Income
6s
Public
series
,
64
14%
23%
64%
42
60
J-J
$20
35
10
20
M-N
7s
AMed*llin
7s
1958
stamped
a Issue
of
May
a Issue
of
Oct
M-N
1961
69
-
M-N
•
68 %
13
17%
$35%
18
11%
20%
38*
20
36
3-D
19%
19%
16%
24%
M-N
..1951
109
AMortgage Bank of Chile 6s.
103%
107%
Mortgage Bank of Denmark 5s
108
34
34
32
37%
113
98
27
27
102%
12%
2c%
107
114
70%
29
47%
77%
68%
69%
11
50%
76%
68%
70%
149
50
78
$107
109%
105
A-0
95%
95%
95%
Go
97
96%
97%
44
1949
J-D
109
76/a
,
104
104
1927
32
38
A-0
1
7s
$30
1931
J-D
$18
22
18
..1972
J-D
$55
59
45
58
$32
22%
35%
17
33%
■
20%
Janeiro
A5%s
6%s
M-S
1359
6'As
Goverpment
1958
J-J
34 ,w32'%
3
1919
3-D
4%
4%
4%-
22
2%
9Va
1921
de
ARussian
114%
1
69
J-D
(State)
1927...2...
J-J
4/8
4%
4%:r
15
23/4
9%
32/4
.32
117%
112
120
ARio
1103'4
13.2% 112%
M.
,
M-S
...1947
106%
82 %
96%
,
98%
Servlce.NOV
1955
54j/4
16%
443/4.
103
1954
A..
15%'
GO
105%
1948
5%s
16%
67
109
$118
M-S
1950
England Power Assn 5s_
Debenture
J-D
$60
105%
109% 110
J-J
1947
5s
27
J-D
3-D
Conv
54%
46
•
$55
$100% 101 %
F-A
1948
5s__
Gas & El Assn 5s
52
F-A
—....
5s,
$109% 111%
F-A
.1981
4 Vis—
51%
M-N
A Parana
a
52
51/2
__1953
Extended
Mortgage Bank of Bogota 7s
M-8
Minnesota
52
J-J
of)
102%
'
.1967
4Vis
Gas Light
High
Danzig Port & Waterways—
AExternal 6%s stamped
...__1952
ALlma City (Peru) 6%s stamped.1958
93%
101
__
.
at 4'/o ,to——_.—.1963
Extended
Milwaukee
A-0
1947
1948
Bank
5 % s—
No,
AMaranho
——
conv
Metropolitan
Danish
April 1948
—Jan
Mortgage
Low
52
High
(Col)—
7s———
7s_.—
(see
ACauca
McCord
Low
,
102/a" 106
•No
r
par
value,
a
Deferred deliverv sale,
d Ex-Interest
e
Odd-lot
sale. -n Under-the-rule
sale,
Cash
sale,
x Ex-dividend,
y $8 liquidating dividend paid.,
tFriday's bid and asked prices; no sales being transacted during current week.
ABonds being traded flat.
'•
§Reported in receivership.
Abbreviations us»»d above—"cod." certificates of deposit; "cons," consolidated; "cum," cumula¬
tive; "conv," convertible; "M." mortgage; "n-v," non-voting stock; "v t c," voting trust certificatee;
"w i," when Issued; "w w." with warrants; "x w," without warrants.
THE COMMERCIAL & FINANCIAL CHRONICLE
2498
Baltimore Stock Exchange
Last
Low
Par
*
Preferred
com
t
v
c—*
Eastern Sugars Assoc
50
6%
Adams
Jan
67y4 Aug
Jan
125
54
12%
Jan
9%
145
Aetna
Armour
Aro
Dec
200
35%
Jan
44
10
24
9%
Jan
200
22%
Jan
2914
Public Service
&
Co
20
1.75
1.75;
1.50
20
50
163
405
81
65
% ' 30
Oct
Bastian-Blessing Co
2.25 Mar
81
27%
30V2
Jan
27
200
77
112
Mar
Jan
85
25
25
200
22
Jan
28
37%
38
384
29%
Jan
40
Oct
*
S
Oct
&
5%———
99%
99%
$1,500
90 %
Jan
101
50%
52%
13,500
49
Mar
56
Sons
Jun
5814
58%
10,000
55
Mar
64%
Co
Butler
'.Aug
197b
—1975
Corp
Fence
Bruce
indebt
Transit Co 4s
1,250
6% Apr
13% Aug
Jan
Jan
3
111% July6% Sep
Jan
7%
250
Nov
Nov
27% July
1% Mar
'
1
1
%
Jan
1%
100
%
Jan
2%
3%
200
3%
Nov
6% May
.
300
Jun
22
10
"*8 %
35%
18%
(EL)
18%
14
———^
23
Jan
17
5%
Jan
Sep
9%
Sep
Apr
8%
500
4% Aug
15%
100
13 %
Jan
8% Aug
.19% July
35%
450
26%
Jan
38% July
18%
50,
13
Jan
14
50
11%
Sept
200
1%
Jan
12%
Jan
3%
5
common
Jan
13%
100
35%
11*1
—
•
15%
pfd—
———
Brothers
8%
r
16
50
8%
Sl
capital—
& Wire class A
50
14%
8%
^1
5
common—.
(E J)
22
14%
'
'
*+*4
•
3%
21
—10
Nov
15% July
4
Only
22
400
9
6UO
5%
Jan
10% July
27
8%
8%
19%
*
50
20%
Jan
29%
22
Dec
Jun
of
Certificates
5s series A
5
"/o
—
-
convertible preferred—& Co
Castle
Central
Common
Pub
—
Serv
Prior
lien
from official sales lists
Dec. 11 to Dec. 17 both inclusive, compiled
Friday
STOCKS—
Week's
Last
Range
of Prices
Sale Price
Par
American Sugar
Tel
Anaconda Copper
Low
—!*——100
Refining
.•
'
24Va
Low
30.'/a
153% 158
—50
—
——
Range Since January 1
60
25
17% Jan
127 y8' Jan
389
24
■
32%
Jun
Nov
Chrysler
31% Apr
Corp
■'
5%
Jan
ft Jan
70
„
%
20
17%
Jan
17,000
2
Oct
61
July
10
Oct
Dec.
17%
113
Apr
%
SO
5%
Mar
10% July
1V4 May
Jon
190
7
5
:
iV Jan
300
1,050
56
17%
"
19
Nov
Jan
6%
Oct
50
38%
Jan
49%
Oct
83%
100
65%
Jan
83% Nov
112% 112 (2
300
46
11*5
1
•
46
83 %
—-—
common—_
110
!
7
—
■■■
-III'
55
common-——— —10
Jan
115
Oct
42
Mar
60
Nov
80%
300
67%
Jan
85
July
12%
13%
950
3%
Jan
18
May
3%
—U'
3%
100
1%
Feb
24%
4,150
21%
Jan
4%
850
2 %
Jan
300
10%
Jan
13%
56
104
'80%
—«.
Ills
common
Cities Service Co
2,350
.
0
1 rf.
55%
it
-
Chicago Towel Co conv preferredCommon capital—
_*-"*
158% July
'%
■
9
%
*
preferred
Nov
108
common—
Flexible Shaft
Chicago
High
2,961
,
Convertible
Oct
93
'
55%,
;
Chicago Corp common—*
Shares
21
Jan
9
%
♦
Belt Co
Chain
High
28%
—
153%
—100
& Tel—
Sales
for Week
Feb
%
ft
9
& Light pref
Power
%
220
%
■
.**'"
1500
preferred-—— —
States
250
91%
*
—1
com
Preferred
Central
20
90
__
,■
—
West Util
Nov
19%
—*
pfd
Corp—
preferred
& South
27
27
—10
$6
———
Convertible
Central
**30
(A M) common
Illinois
Central. Illinois Securities
American
40
5
9%
14
—
—5
Warner
Braeh
Common
Coast Line Conn-
Atlantic
Baltimore
90%
108
Jan
2%
3%
*1ll
Bonds—
11
62% Mar
40 V4
1%
_♦
common—
Borg
Dec
%
'
1%
3
Manufacturing Co common*
Radio Corp———
—
'
Casualty———2
Fidelity & Guar—
;
50
Amsterdam
High
Jan
Jan
6
'
Berghoff Brewing Corp
Bliss & Laughlin Inc common
Nov
50
4%
1
—3
Belmont
Oct
600
51%
t
Belden
28
4%
12%
8%
4%
.
1
,*_
1
500
107
108
5
Aviation Corp (Delaware)
Dec
10%
12%
'
—
Preferred- *100
common-
Automatic
Brown
U
Corp
250
4%-
1
common
Equipment
Low
59%
10%
♦
—
Asbestos Manufacturing Co com.
Washer common
10 % July
28
common—!
Range Since January 1
High
59
Castings****_ —.5
Bearing
Shares
'
—■
common-
for Week
of Prices
Low
ft
common,
Aluminum
Ball
American
July
43%
Oil & Gas Co
Advanced
Feb
Mar
Laboratories
Sales
Range
Sale Frio®
Par
Abbott
Jun
Aug
8
57%
2.95
28
28
STOCKS—
Mar
19
10
Maryland & Pa, RR———
—100
Monongahela West Penn Pub Serv-—
7% preferred
—25
Moore (Tom) Distillery
25
Mount Vernon-Woodbury Mills pfd—100
New
31
6 Va
Jan
43%
t c*25
Oil of Texas 6$ .'pfd. V
Week's
Last
'
'
High
1.00 Mar
618
6 '/a
—
Houston
10 V4
64 y2
142 % 145
Fidelity & Guar Fire Corp——
10
Finance Co of Amer A common—-—5
Class B
——
5
16
68
9%
t c——1
com v
1;25
64%
10
Light & Power com-*
Cons Gas Electric
18%
1.25
*
—100
t c
v
Low
714
'
'
Range Since January 1
High
171/4
Corporation
Bait Transit Co
Shares
of Prices
Sale Price
STOCKS
'
't
for Week
Range
compiled from official sales lists
Friday
Sales
Week's
Friday
Arundel
Chicago Stock Exchange
Dec. 11 to Dec. 17 both inclusive,
both inclusive, compiled from official sales lists
Dec. 11 to Dec. 17
Monday, December 20, 1943
80
'
97%
..
Elevated Ry.—
Jan
102
July
32V4
32Va
33%
68%
140
24
Jan
62V4 Jan
18%.
19%.'
174
14
Jan
19% Oct
2%
22%
2%
2%
10
22%
1%
1,325
8% Jan
25
112
1% Dec
'
7%
prior preferred
preferred
—iuu
—:—*—,——,—100
•
5','c class A 1st pfd scamped
100
—
8% class B 1st preferred———100
Stamped
100
7% class C 1st preferred stamped_100
10% class D 1st pfd stamped
-100
4%
Boston Persgnal Prop Trust-.—-—14
21%
1%
—
414
3%
3%
4V4
,
__
.
—
4%
14
,
4%
3%
3%
4%
4%
2%
common-
■
;
!
Vtc
Apr
32V2
May
1%
Jan
Jan
7
10
1%
Jan
8%
2%
Jan
8V2
2% Jan
8V2
Apr
30
ll% Jan
10
14
''27
Dec
July
5% May
20(4
May
4%
100
2%
Feb
5(4' Aug
2%
2%
150
1%
Jan
3(4
92%
92%
92%
40
83
Jan
_*■
*2(2
com —1
Dayton Rubber Manufacturing
Decker
(Alf)
Preferred
Oeere*
16% July
&
&
Cohn
Inc
*
Co
common
19%
19%
250
17
Feb
•
—
Dixie-Vortex
Co
10
50
8%
92
I
—
»
common——*—
15
6%
8%
*
common——
15
15
*100
———„
Sep.
4%
—«
pfd— *100
cum
17
Sep
100% Aug
.
Jun
150
Cudahy Packing Co 7%
17
17
partic shrs vtc class A —50
6
partic shares v t c B_
Cunningham Drug Stores
Jun
10
4(4
4%
—50
8V2 May
2
24
24%
1
common——
pref partic shares—
Common
Apr
4
—25
common
3%
Consumers Co—
Common
5%
Jan
Edison
Consolidated Biscuit
69% Aug
4T-'.
:
stamped —*——-——100
6%
Commonwealth
'34% July
67%
18%
2,485
Co
Oct
67%
Maine RR—,
&
226
116
——100
*
Edison
Boston
Common
Jan
104
81%
5
—25
Boston
Boston Herald Traveler Corp
Boston
116
116
97%
99%
,
Uten
Aluminum
Club
—'
Bigelow-Sanford Carpet 6%. pfd-i—il00
Boston & Albany RR—
—-1C0
''
«««.'
38%
38%
14%
14%
Jan
23% July
19
Jun
8(4
Dec
42
Jan
92
300
26%
Jan
42% July
100
10
Jan
16
50
10
Jan
13%
.10
•
:
Jan
2%
1,450
92
'
11%
-
Dec
July
"
,
Calumet & Hecla
———1U
-
Cliff
Mining Co————.
Copper Range Co
———
6'
Dec
9%
Apr
54
3%
Jan
17%
75c
—
75c
514
100
55
40c'
Dec
75c
Mar
514
Dodge Manufacturing Corp common—♦
Common
——
*
—
5%
4% Jan
Industries Inc class A
Domestic
Household
Electric
7% May
54%
—,.100
Mass Street Ry common—_100
3214
Eastern
——
1st preferred series A
__
114%
5214
—100
6%
preferred B—
—100 :
5% preferred adjustment —:
100
Eastern SS Lines
Employers
Inc common
Group
14
—1
Service
31%
—
-
85
128
42
Jan
19%
Jan
37%
225
2%
Jan
-
.
.
——-——»
First National StoresGeneral
Capital
35
Four-Wheel
Fuller
9% Jul.v
General Electric
—
—————*
Gillette Safety Razor Co—;
•
class B_
preferred
conv
.
Jan
124
Oct
General
Jan
70
Nov
6
Jan
2414
Sep
7% Nov
27V4
345
Jan
9%
35%
ft..*-'"'
760
31%
Jan
31.10 31.10
211
26.08
Jan
623
30%
3714
7%
7%
.
39%
Foods
General
Kennecott
Lamson
*
70c
4% Jan
147
Central RR
ft—100
common
Mergenthaler Linotype
37
75c
-
224
2%
857
16%
50
3%
28%
670
2%
12%
48
50
.
Jan
Narragansett Racing Assn Inc—
Nash-Kelvinator
—
Service
1
5%%
11%
:——1
England Gas & Elec Assn—
New
preferred
,
Mining—!—
3%
614
lc
Feb
.
18%
2.50
35c
,40c
%
118
%
18
Old Colony RR————
100
Pacific Mills
—.———.—*
50
199
12% Mar
86
Jan
& Jan
Jun
37 Vn
Jan1
51%
Jun
10%
Jan
14
Lakes
7%
7%
150
6%
Jan
9
Aug
41%
41%
100
34% Jan
44
July
1.000
44 y4
Jan
56 % July
50
3 %
Feb
6
Jun
1,200
4%
Jan
7%
Sep
10
Jan
13%
Oct..
17%
Jan
21%
Oct
10%
_■»
'
■
II10
common—^
Advertising
Dr
Dec
4(4 May
*100
Corp
& Dk
50%,
50
50%
4%
com*
_
*
':
•
•
7
4%
•>
7
13%
13%
13%
50
20
♦
com—__—
'v
20
20V*
100
Corp common— —10
*—1
Brewing Co capital*—
Werner
Inc
Motor
8%
100
7%
Jan
9%
9%
400
6
Jan
9% Aug
9
8%
Parts——— *.*3
9
100
7%
Jan
9
12%
class
'
'
—•
B——
"III
'
'
1%
100
11%
200
12%
1(4
•*''
1%
12%
12%
common
Co
capital—— —10
Illinois Central RR
10
Feb
13% May
Jan
17
Jan
600.
•
Apr
May
July
2% May
Steel
Co
International
—1
—**"
com
■■
'
xl9%
k
—
100
Jan
4% Nov
200
7%
Jan
50
18%
Oct
16% May
23% May
11%
Jan
550
19
70
100
63
Jan
July
78% July
71%
•
,,
common
1%
3%
19%,
#69%
72
700
57
Jan
74%
250
Jan
16
12%
15%
15
15%
k
capital-*
Harvester
10
'
■"r
t c— —*
v
10%
3%
*100
common
Indianapolis Power & Light
Inland
Apr
•
*
Jun
July
814
Oct
(W
B)
Co
1
12%
12%
13
common— —1
10%
10%
10 %-
capital
9%
Jul.v
Jun
Joy
Manufacturing
Co
10c
July
Katz Drug Co common——*
19%
Nov
Kellogg Switchboard common**
5%
preferred———— I100
110 %
Oct
Ken-Rad Tube &
4
18%
106%
105
6%
750
Jan
common——
Illinois Brick
Dec
14%
,
14% July
Jan
2
common——^
Houdaille-Hershey
May
50
Jan
Jan
100
common———
Horders
6% Apr
1%
Jan
200
/
106
New York New Hav & Hartf RR—100
North Butte
100
296
5c
'■
—
lou
*
6%
11%
11
5c
*
New England Tei <sz Tei*
6%
—
5
—
Cos—.—**
6%
3%
3%
Inc
Hein
Jun
33
35% Jan
250
Dec
Apr
6
Jan
50
Sep
20%
3%
Hupp Motors common (new)——
17%
Jan
12c
65c
8% July
31
Feb
1,100
14
Motors
Jarvis
National
14
Harnischfeger
Oct
35%
Jan
Jan
Jan'
6%
50
14
Outdoor
Great
iy2 July
214 Dec
14%
3%
23
Apr
6% May
July
82
Jan
210
21
1
48
—
•:
Jan
Jan
common—_ —1
Gossard Co <H W)
1% July
Mar
5%
800
41%
General
9% May
Feb
10%
40
Indep Pneumatic Tool
20
65c
—.
*
30%
3%'
—
—*——_—1TH)
preferred
Massachusetts Util Associates vtc—_1
20
214
214
Loew's Boston Theatres——25
15c
100
1614
5
common
100
1%
29%
—
(Del)
75
1%
Copper
Corp
75
—
70c
300
41%
General
Sep
Jun
40
450
20%
Transp common —5
—3
class A*——*—
—
32.78 July
Jan
7%
28%
5%
:
—
x5%
Finance Corp
Preferred
1114 July
34% Apr
2% Jan
100
7%
20
10%
■;'
,.
1%
1,750
27%
'
.
28%
—1
common-
General
10
6
1
Candy
98
25
35%
.
—
—*
.15
-—
Royale Copper——
5%
7%
—15
American
Heileman
Bakeries
Hathaway
Maine
Corp — —5
Auto—— —10
General
439
8%:
Drive
Manufacturing
795
32
34%
—1
Corp——
10%
5%
6
Jun
599
9
3114
8%
% Jan
-Goldblatt Bros
$7
Util
1
Elgin National Watch CO—
Ever?harp;Inc common
2% May
5914 Nov
233
9
_*
.
Association-———•
Public
Engineers
*»
1%
*
.
prior preferred-,————100
preferred
1%.
54% ' 57
3214 33
4V2
5%
114
119%
49% 52%
14
1514
—
4Vi>%
6%
Isle
10%
Jun
Gas & Fuel Associates—
Eastern
6%
288
12%
6
—
25
*
614
11%
614
5
.
Service
Cities
2% Mar
.,
.
Common
—1
4%
50
8%
Jan
1,050
4%
3Va
Jan
Jun
5% Nov
8%
250
5%
Jan
95%
95%
40
95%
Dec
97
Jun
9%
9%
50
4%
Jan
14%
Jun
%
Feb
6
6
-
Jun
Lamp—«
A
,
-
—
:;;
30c,
37c
6,241
24c
Jan
85c
40c
common**
35c
5
15c
Jan
1%
1%
200
507
V4
100
19
4%
4
25%
Leath & Co common*—*——
*
25%
Jan
1% July
28% May
32%
Lincoln
Apr
:
La Salle
*
Pennsylvania
RR
50
——
!——25
Quincy Mining Co-—
Reece
Button
Reece
Folding
Shawmut
Stone &
Hole
———
United
Drug
United
Fruit
S
*•
50
12%
8
34%
34%
26
27
66c
8%
100
Jan
Jan
% Nov
1% Mar
11
9%
244
Jan
l%Mar
14%
Sep
5%
29%
80
Jan
36
July
26
190
Jan
Dec
37
Feb
10% May
14%
7%
Jan
15
Sep
76
614
60%
Apr
76%
Sep
68%
724
63y8
Jan
74
Sep
44
44%,
155
42 y4
Sep
47
July
41%
42%
130
20c
26c
1
!
Co
*
—*
Westinghouse Electric & Mfg
50
—
22c
__
20%
—
lo%
20
93%
10,350
10%
45
20%
295
95%
Corp
McCord
150
'
25%
Jan
46
July
20c
Oct
48c
Apr
7%
16
80%
Marshall
Field
Middle
West
Co
11% May
Jan
21
Oct
99% July
common*
—
Corp
common**
—
&
25%
25%
100
20%
20%
50
8%
200
2
Jun
July
Jan
19
13
20
Sep
Jan
9y2
170
Nov
Jan'
%
.
87/a
27%
Jun
_Si
Jan
27 % May
Nov
13
May
200
28
Mar
34
May
14%
300
10
Jan
16% July
6%
6%
250
3%
Feb
6%
Dec
8%
9%
3,750
4'%
Jan
9%
Oct
ft
8%
34
!
IIIi.
~9%
34
14%
'**
8%
.
19%
20%
*100
4%
4%
4%
4%
4%
4%
%
Va
20%
Feb
11%
Sep
Jan
11%
Sep
8%
2,650
100
20%
"
■
__
Dec
Jan
1%
2
700
100
% May
ft Mar
600
2,000
Va
% May
Dec
Hart—
Common
stock
v
t
•
c
-
'
2%
2%
1,900
10%
10%
600
41%
2%
II10
prior preferred—
Monroe
15%
**
;*
prior lien*
*„_—*__!
prior lien
preferred A
Miller
450
15%
——
Convertible preferred A—
6%
2,700
1
1% July
5
Jan
5
ft
■-
5
capital*
6%
2% Mar
Co-
Midland Utilities 6%
7%
11
*
common
United
Common
6%
6%
*
l>
Mfg class A—_
Dredging
Consol Mfg capital—
Mapes
$1
Jan
Jan
&
_
Ills
common—***
Rad
Midland
67"%
80
III?
*
_I*
Mickelberry's Food Prod
73%
10
Lynch
McWilliams
500
13%
—
Llbby McNeill & Llbby common*
Printing Co common*
'July
68%
25
Extension Univ
$3% preferred
14%
*
D)
350
Apr
75%
——■_
—
System Inc-—
(S
—
7%
23% Jan
•
Utah Metal & Tunnel—
Warren
..**•
1
11
11
12
1,484
23
Co
Rubber
Waldorf
%
10%.
25%
10
5
Machinery Corp—
preferred
7%
——5
Inc
United Shoe
—
12%
1—•
24%
1
*
(The)—
Union Twist Drill
U
—10
—
Webster Inc..——
Co
25%
—*11 r
Machine——
Assn.
Torrington
6%
Mach
__
41%
20
44
44%
"%
Jan
1
8%
3% July
Jan
12
July
36
Feb
45
Nov
500
33%
Jan
50
Sep
100
%
Dec
-
Chemical Co—
Preferred
*
_i—
Montgomery Ward & Co
*
common
—
BONDS—
Boston
Inc
&
Maine
mtge
Eastern
4%s
4%%
Mass
series
6s
series
series
series
Street
197Q
—1948
1
1948
1943
see
—
49%
49%
$1,500
40'% Jan
57% July
page
2503.
r
—
—
—
104
104-
13,000
103% Aug
105
108
108
12,000
108
Feb
108
Feb
108
108
103
Aug
108
July
2,000,
May
Co
Springfilled
Standard
cap
North American Car
preferred—
It
common
__
common
__
,10
14%
14%
50"
10
Jan
1% Mar
15(4
12%
common- —2
stock***
North Western Util prior lien
7%
%
common— —_*
National Pressure Cooker
National
D
For footnotes
Liquidating
Nachman
A
Ry—
A
C
6S
Nabco
RR—
32%
12 %
100
4%
Jan.
14%
32%
32 y2
50
26%
Jan
38
8%
Jan
19 %
Sep
Nov
Juiy
Sep
—20
15%
15%
16%
250
pref* *100
93 %
93 %
93 Va
80
56
Jan
103
Sep
20%
50
9
Jan
23
Oct
—
20%
.
Volume
158
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4239
2499
OTHER STOCK EXCHANGES
Last
Omnibus
&
Elec
1%
Parker Pen Co
pfd—.
-100
commotio........
Corp
Low
*—6
6>
(The) common——10
preferred
Pemi
Poller
Co
Pressed
class
Steel
Feb
5
86%
Apex
Jun
Clark
14%
Jan
18
Dec
33
May
100
**
1
Jan
34
46 %
Jan
61 %
Jan
12%
Jun
11
1,550
%
6%
2% May
Jan
100
2 Va
Jan
11
'
Goodrich B F
13%
Goodyear
Jun
Great
Oats
,
70
common
Manufacturing
Schwitzer
5
Cummins
capital-—'
Sears-Roebuck & Co capital
3
Corp
Standard
Jan
14% July
3%- Apr
Co
Oil
Co
Jan
14
May
Interlake
Iron
Jan
90%
Sep
Interlake
Maf
4%
Jan
Steamship
Jan
17%
Jun
Jun
13 %
150
7%
100
59 %
3%
400
14%
14%
100
11%
3,100
10
■21%
200
20
July
5%
300
3
Jan
8 %
Sep
20
42
Jan
50%
Jun
Leland
400
13
Jan
17%
Oct
Medusa
Portland
Murray
Ohio
3
9%
21%
20
-
Indiana
ol
(A)
5/2
47
15.1/2
15%
47
16
—1
capital-
common—-
25
2
32%
2%
32%.
1,000
2
200
33%
Jan
Jan
28%
July
38% July
13 % July
14%
Jan
18% Mar
Jan
11%
11%
100
9
.11%
200
7
16
16%
1,550
14%
-.25
800
22%
Jan
—15
100
27% Nov
26%
30
;■
271/a
30
30
.
Lamson
&
Natl
Corp capital——!
Co (The) common
25
Union Carbide & Carbon capital—
tinned
Air
Lines Transp capital
Co
Gypsum
48%
200
42
12
150
8
35%
Jan
80
Apr
Cumulative
51%
Williams
Radio
Unlisted
Jun
16%
Jan
59%
Jan
74%
50%
51%
650
3%
700
2
Jan
26%
11%
12
98%
47 %
59 %
Jan
Oct
40
Apr
50% July
85
f eb
90
14
14
125
9
Mar
15
Oct-
44
Feb
44
Dec
St
100
20%
Jan
28
July
5%
Jan
13
Oct
20
85%
Jan
99
Nov
2%
2%
1%
Feb
8%
8%
800
5%
Jan'
8%
Oct
4%
~4%
—.
4%.
550
3 %
Jan
6%
Apr
200
44
7%
7%
-
a6%
32%
10%
5%
17
17
a
2
*
31%
Products
Dora
Iron
Weinberger
White
Inc
Drug
Stores
4% Mar
5%
5%
250
4%
Jan
33%
200
19%
Jan
18% Mar
160
17%
50
345
120
1
•
Apr
2% May
11'A Jan
15
23%
Feb
34% July
20
July
60
41
14%
175
9 Va
Jan
8%
a
a 30%
14%
*
29%
8%
161
7
Jan
19% a20%
66
9!A
May
Sep
Unlisted—
.
Firestone Tire & Rubber common—10
a39 Va a39%
70
General Electric common.:
a36% a36%
160
New
York
Ohio Oil
S
RR
—...—f
common—
a
Steel
15%
a
15%
21
al8% al8%
common.—_—
Republic
U
Central
—*
common.—..
Steel-
16%
80
17%
135
a50% a50%
70
a
•
a
7% May
33%
Oct
Feb
Jan
25
592
a
50
•
.
Jan
21
12
14%
100
32%
*
Motor
July
7
13%
31
*
Works
15
a38% a40%
—-.25
,
Jan
Jan
.2
13%
Bros.
Standard Oil of Ohio
Feb
9%
642
al3%'
al7%
—*
35%
4
al4
al3%
—1
,
Jan
30%
600
16%
al4
common
Dec
544
5%
16
Mfg„_1
7 %
52
11
5%
16%
Jan
5
65
a20% a20%r
...——
35%
Mar,
45
32%
Cement-
Cast
60
215
,
a6V4
—„
Sessions
Thompson
7
5
Patterson-S,argent
Van
Jun
35
July
4% May
100
/
20
91
47
common——
National Tile
32% July
50
98%
common
37% July
Stocks—
American Radiator
Anaconda
Sept
100
common--.
common
Corp
86%
701%
Yates-American Machine capital—.
Zenith
Nov
24%
common-
Bankshares
Industries
76%
26%
preferred—.
Oil-O-Matic
Wisconsin
Woodall
50
3%
11%
common-
prior
■
70%
common——
Wieboldt Stores Inc
-
53% July
14 %
24%
.20
_
Utah Radio Products common,——Ill
Walgreen Co
%
Feb
27% July
Jan
12.
80
common—
common™
48%-
2
Jan
15%
—5'
_
Acme
Mai
10%
20
90
Electric
National
Jun
515
46 V4
Jones & Laughlin.
Kelly Island Lime & Tr..
3
1%' Jan
lli%
——
16%
July
27% Apr
13%
19
Apr
18% July
90
—_
10%
21 "A
Co
Steel
:
87%
3
71
.100
%
3%
22% July
Jan
a36% a37
Preferred
Harbauer
Jan
-100,
.
Mar
Rtchman
Texas
S
1%
capital—5
capital—
International capital
Trane
ti
400
IOI/2
Stewart Warner Corp common—5
Sundstrand Machine Tool common—5
U
3%
11
—
"U
Jan
11%
Standard Dredge preferred—
Common
Swift
2%
»
1
Bend Lathe. Works
&
150
3
Spiegel Inc. common
——2
St. Louis National Stockyards capital—"* '
Swift
92
Sep
13
59
13%
—.
Oil
&
11%
87%.
.
Corp class B common——1
Signode Steel Strap Co common
*
Stein
700
'
r_l
—*
Serrick
South
74
IO1/2
common—50c
preferred
Sinclair
70
Jan
70
Jan
65
464
.100
,
Halle Bros common..—
Raytheon
6'i.
Co
9%
1
High
15
19
19
Rubber..I—.
&
January
61%
a40% a41%
Lakes Towing^—
Preferred
Quaker
13%
19
——_
Tire
29
60%
July
4%
2%
1
common___
22
100
200
56
9%
Range Since
LOW
12%
19
—
Cliffs Iron preferredCorp common-—.
Faultless Rubber
Cliffs
Jun
200
30
30
~9%
Controller
Shares
fiigh
12%
Cleveland
Jan
70
/9%
56
:—*■
Low
Elec. Mfg
23%
'
—
of Prices
Par
Jun
Sales
for Week
Range
Sale Price
Nov
150
70
Feb'
Week's
Last
STOCKS—
950
18
25I/2
common—-—
Car
25%
Jan
2%
81%
171/2
B_.__.___
(The)
14%
Friday
Dec
8% May
Jan
100
251/4
—-
Co
124
Mar
4%
Dec, 11 to Dec. 17 both inclusive, compiled from official sales lists
High
300
3%
8IV2
114
150
25
3%
.—50
Peoples, Gas Light & Coke capital
&
20
-
—10
Pennsylvania RR capital.—_
Perfect Circle (The) Co
Poor
Low
7%
25
314
100
Electric Sfitch class A
124
7 %
Peabody, Coal Co class B common—5
Range Since January 1
Shares
High
124
Gtevciand Stock Exchange
for Week
Range
of Prices
Sale,Price
Par
Oklahoma Gas
Sales
Week's
Friday
STOCKS—
Copper
St
&
San
•
com
Mining..
8%
-50
24%
Bethlehem Steel Corp
common—
_•
9
350
56 %
11%
Dec
31%
45%
Jan
65
54%
Nov
69
250
5%
Dec
900
30%
54
56%
Jan
24%
500
24%
6%
2,100
50
24 %
54
Atchison Topeka & Santa Fe com—100
56%
■
Jun
Apr
Watling, Lerchen & Co.
July
Apr
Members
Curtiss-Wright
General
—1
Electric
Co
Interlake Iron Corp
5%
5%
36%
—*.'
37%
:
*
common-.
6
9 %
"
Martin
(Glenn
•' '
'
Co common--
U.
.
L)
Nash-Kelvlnator
Corp
New York Central
RR
t
capital—*
16%
15%
16%
300
24
New York Stock Exchange
11%
11%
1,400
6%
Jan
15
15%.
400
10%
Jan
20
Chicago Stock Exchange
-Jun
15%
New
Detroit Stock
May
11%'
15%
5
—
May
39% July
9% Apr
Jan
Jan
Exchange
York
Curb
Associate
May
15
Dec
Ford Building
DETROIT
Telephone: Randolph 5530
Paramount
Pictures
Pullman
Inc
Pure
Co
Oil
common—*
capital(The)
Radio Corp of
.1—— -J
America common
Republic Steel Corp common
Standard
New
23%: 24%
350
15%
37%
37%
100
26%
Jan
40
16%
16%
16%
1,050
9%
Jan
19% May
9%
600
5
Jan.
12% May
17 5A
17
17%
900
14
Jan
20 %
July
*
9%
—•
Brands-—
common
24%
*
common——*
Jan
30
July
July
Detroit Stock
.;/
30
30%
100
24%
Sep
30%
Dec
Standard Oil of New Jersey capital—25
54%
54%
200
46%
Jan
60 %
Sep
Studebalcer Corp common..:
U. S. Rubber Co common
13%
13%,
150
5%
Jan
13%
Jun
25%
Jan
46 %
Sep
———
1
10
Exchange
Dec. II to Dec. 17 both inclusive, compiled from official sales lists
Week's
Friday
Last
STOCKS—
/ .'""/
;/
y
Range
Sale Price
Low
Par
.
Baldwin Rubber common————1
■"
Sales
for Week
Shaies
Range Since January 1
LOW
High
6%
—
6%
4%
200
27
27
100
12%
12 %
200
4%
*
Briggs Mfg Common
of Prices
4%
Jan
High
7V» May
Jan
3OV2
Jun
9%
Jan
15 lA
Jun
"100
4%
Jan
300
19%
Dec
21
Sep
Jan
5
Apr
21
'
Cincinnati Stock Exchange
Dec. 11 to Dec. 17 both
Friday.
Week's
Last
Range
'
STOCKS—
Sale Price
Par
Aluminum
Industries
Prod
,
prior preferred-
Baldwin
Preferred —
'
Crank—
—50
Telephone
50
Eagle-Picher
Early
Hatfield
Nov
;
91-
Mar
110
Nov
300
1%
Jan
6
11%
Nov
250
11%
11%
200
5
Jan
23% July
11% Dec
2%
86
2%
Feb
56
81%
Jan
103
Nov
98%
98 Va
35
84
Feb
101%
Dec
7%
7%
7%
30
Jun
9
Jan
72
73
199
7%
60
Jan
10%
1Q%
360
7%
Jan
13% May
32%
50
28%
Jan
32% Mar
10
Oct
V31%
31%
10
20
Feb
31%
Dec
...5
23%
23%
25
23%
Dec
25
.100
101
.—;
101
31%
32%
10
1
158
7%
85
Jan
24%
Feb
Mar
■101%
Magnavox
—2.50
—-
5%
Pumps
1
Procter & Gamble—-—
Randall
class
Bu—
S
%
56
:
;
Oct
5%
100
1%
Jan
6%
Oct
1%
200
%
Feb
3
56%
305
48%
Jan
58
July
Sep
4
Printing preferred
Western
Bank
50
;
4
100
2%
Jan
4%
Oct
8%'
Rapid
U
5%'
8%
173
2%; Jan
10%
Dec
54
Nov
50
__io
6%
50
6%
Federal
Gar
15
1
38
4 %
Jan
Jan
Truck
Mtr
Mfg
General
Columbia
General
For
49%
30
31%
4
see
page 2503.
7,428
3»A
100
2
7%
7%
200
4% Jan
3 %. Jan
5
4%
.
Motors
:
common.-
Brewing
"4%
3
10
•
17 Va
Jan
Jan
—._—1
1,815
3Vi
12
200
50%
22% July
4V4
395
1%
500
1.00
600
5%
5%
100
18%
18%
168
51c
1,300
2%
300
23%
4%
1%
,
5'
Jan
9
Apr
6
6%
May
Apr
Jun
:
Aug
13
May
44 %
1,790
2%
2%
1 Va
,
115
4%
12
50
50%
—1
common—
common..•
4%
4V4
12
—19
.
Grand Valley Brewing
12%
255
4%
1,870
50%
365
44%
Jan
281
25
Sep
10%
2
Jan
Jan
98c
common.——1
Hall Lamp common—
———.5
Ball & Bearing common——10
Hoover
Hurd Lock &
Manufacturing com;
1
46c
Kreske- (S
S)
4%
2
——
Mich
Die
common
Casting
Michigan
Sugar
Micromatic
Mid-West
1
—1
common^.—
common...——
Jan
56
July
1%
Jan
83c
Jan
53c
Mar
3V4 May
2 Va May
22c
1%
18c
1%
67c
"*
22c
1%
75c
.
4%
Jan
1.00
14 'A
Jan
20
46c
Dec
83c
1%
Jan
4
300
19 Va
Jan
23%
600
2 Va
Jan
4%
4,200
100
800
13c
1%
62c
Jan
28c
5%
200
5%
5%
200
5% Mar
1%
1%
800
l'/4
Nov
200
11 Va
Jan
2%
Jan
5
32
15%
16
Dec
Apr
l'A May
7% Mar
5%
5
Jun
Aug'
2V4
5%
—
Apr
Jan
1
common.._■
July
Jan
common—r.—50c
common—
Dec
6% July
——10
Hone
Abrasive
Wheel
Motor
——a
46c
23
——10
common—;•
LaSalle Wines common
■
2%
Kingston Products common.——1
Dec
Jun
6% July
2% Mar
18'A
Apr
3V4
360
common—....—_*
30%
30%
130
28
Jan
Peninsular Metal Products common.—1
1%
1%
200
76C
Jan
1% July
8% July
Parke,
Davis
Car
—_*
common
5 %
Jun
55% July
29% Nov
3
V4
*
7%
7%
7%
100
5%
Jan
River Raisin Paper common—^—.*
Scotten-Dillon
common——.
10
2%
2%
2%
950
1%
Jan
3%
10%
10%
450
10%
Dec
14%
Apr
3%
3%
400
2%
Jan
4%
Jun
Pfeiffer
Brewing
common
Sheiler Manufacturing common—
Stearns
Dec
16% July
May
May
3J/4
Motor
Packard
1
(Fred'k)
Udylite
S,
Axle
common
1%
400
l'A
Jan
16%
400
13 V4
Jun
23%
23%
100
23%
Dec
~1
2%
2%
300
1%
Jan
2%
—1
Universal
2%
2%
100
2'A
Feb
3'A" May
Warner
Cooler
Aircraft
*
common
preferred
"B"
common
2V4 May
l'A
16%
10
common—
...
Shirt Dist
Radiator
Jun
—*
common.^
Brewery common
United
U.
.10
Brands
footnotes
50%
*
Motors-
Standard
12 Va
31 %
Gas
12%
19%
3'A
common
"B"
Graham-Paige
Tivoli
25
18%
Standard Tube class B common——„1
6%
Unlisted—
Rolling Mill—
18%
Wood Industries common—
Gemmer
Timken-Detroit
American
20
3
Nov
32%
►
National
4,100
Preferred
Jun
.100
10
4%
common.—
McClanahan Oil
10
4%
74% July
-12
—
20
4%
i
4% July
101% 102%
72
19%
common—10
7Ve May
Dec
preferred
preferred——.
Kroger
10
preferred-
Participating
first
5
■
Nav
common.—
Eureka Vacuum
Goebel
6
32
Hilton-Davis preferred
Kahn
Jan
Sep'
%
11
Sep
28% July
2% Dec
98%
.10
prior
High
;
2%
11%
Daniel..
&
Jan
,
19%
5
Cincinnati Street
v
Jan
10
110
6
5%
20%
/
19%
—
Cincinnati Gas & Electric preferred.100
C N O & T P__——J20
Cincinnati
110
.
10
76
:
20
—2%
common
Range Since January 1
80
10
6
,
Ball
9%
Edison
"■;
Detroit-Michigan Stove common——1
Low
%
9%
100
—
Detroit
Shares
26
%
;
8
—_—r—
Champion Paper & Fibre—
Chufngold
i— _J•:
Cincinnati
*
9%
Drug
&
12
common.——.1
Cleveland
Detroit
Sales
High
25%
7
-
1—
Burger Brewing
9%
izri2o
Laundry Machine.—
American
Motors
/Cunningham
for Week
of Prices
Low
i*"
——
American
Continental
inclusive, compiled from official sales lists
Machine
Adding
Burroughs
———50
——*
j
i
4
3
Jan
100 %
Feb
33 Va Mar
4%
Nov
Dec
4%
300
25%
25%
141
16%
Feb
1%
1%
150
68c
Jan
2 Va May,
1
1%
1,400
1
Aug
1% Mar
29
July
.
THE COMMERCIAL & FINANCIAL CHRONICLE
2500
Monday, December 20, 1943
OTHER STOCK EXCHANGES
17 both inclusive, compiled from official sales lists
Week's
Friday
Last
of Prices
Par
Aircraft Accessories, Inc
Petroleum
—-
Low
2
4%
4%
4%
—1
30
—1
Consolidated-—
Barnhart-Morrow
Central Investment Corp
Co
24%
American Stores..:
Oct
10
Jan
50
Jan
2.05
16 Vb
Jan
Baldwin
24% May
28%
46
143
19
Jan
53%
5
100
5
Nov
10 y2 May
80
80
68%
180
Sep
81
Jan
1,070
6%
Jan
10%
255
19 Vb
Aug
22y2
Jan
7%
7%
7%
2,100
3%
Jan
8
48
-4
Corp-——
Products
Emsco
Derrick & Equipment Co— --5
Exeter
Oil
11
General
Corp
Motors
Tire
Goodyear
Oil
common-.
Oil
Menasco
Jan
12
485
Jan
14
Jan
41
July
50
404
34
Jan
50
Dec
70
70 r
70
200
57%
Jan
85
May
8%
~9%
—
—
11
70c
~1~05
97 %c
Corp Ltd——,
Occidental Petroleum Corp
8,005
1.05
87%c Dec
1,000
11c
300
55c
Sep
12%
170
5%
79
67% Jan
May
5%
250
1%
Jan
85% July
7% May
42%
42%
130
16%
Jan
45%
Sep
40
39%
40%
285
33%
Jan
43
Sep
50%
49%
51
834
44
Jan
56% July
*
—-
—10
——*
7%
8%
4%
4%
85
Light—
Corp
4%
505
—,—50
Navigation.
&
6
6 %
—„—r-
*
3%
Jan
5%
Sep
23%
Jan
32%
Apr
21%
4,122
16%
Apr.
21%
Dec
24%
2,235
23%
Apr
34
114%
24%
24%
117% 118
33%
33%
23
23%
215
-3
Jan
26% Aug
120% Aug
30% May
13% Jan
120
—.
Jun
2,097
2,349
20%
117'A
Corporation
7%
4%
25%
21%
———
2% Jan
486
6%
9% May
8'% Mar
4%
25% i
50
Jan
3%, Jan
y24%
4%
1
——
Philco
35c
July
1st preferred
July
70c
26% Jun
34% July
Dec
5c
Jan
8c
9c
Jan
36c
46
2,200
May
31%
15%
14% Nov
22% May
32
132
26%
Jan
33% July
37%
135
36%
Dec
55%
——
56%
130
48%
Jan
561
May
45
50
15%
31%
—_^
—
Paper common.—,
Sun Oil „———l
Feb
500
Scott
36%
——50
50
*
Reading Co common.——,
1.80 May
Dec
5,000
35
Jan
60
23'%
407
July
271'8 July
10
5%
Philadelphia Electric Power 8% pfd—25
Sep
35
Jan
3
270
80%
Jan
Feb
42%
preference common——_A—*
preferred
100
$1
5%
-
11%
♦
Battery
Power
19% May
17% Mar
110
Nov
29
6c
158%
.*
4.4%
Feb
31
46
140
Pennsylvania RR
Philadelphia Electric Co common
Jun
13%
343
24
Motors
Pennroad
Mar
70c
57 %c Mar
25c
25
—1
common—. .25
Electric
&
Jan
8
2,000
70c
6c
—1
Gas
24%
70c
—1
Oceanic Oil Co——————
40c
Nov
25C.
-1
11%
Jan
19%
33
22%
common—
Coal &
National
10% July
Jan
Jan
13%
545
11
70c
—1
6%
27c
1,500
203
.10
Co. „1
Oil, Mng & Devel
14%
„1
—
Co—
450
34c
13%
14%
4%
545
8%
9%
9
33c
—1
Nordon
Pacific
9
70
37%
18%
33
Lehigh Valley RR—
Mar
26%
49%
10c
Mfg Co
Petroleum
Lehigh
'55% July
~l—.—— —x
Co.—
Mount Diablo
Jan
44%
Co
Storage
General
May
May
20
—
—
Co
Merchants
12
50
Jan
150
581
19%
80%
Pub
Electric
Oct
35
—1
Angeles Investment Co
Mascot
12%
50%
a36%
Oct
16
Jan
24
.13
c—
Prior preferred
66% July
Jan
50%
12
Aircraft Corp—
Lockheed
Los
Co—
5%
Dec
50
Co——
Petroleum
Lincoln
7%
395
9%
127%
33
t
v
——
(E G) Manufacturing
Curtis
—
Hudson Motor Car Co
Lane-Wells
48
35
A—
common
Development
Holly
8%
9%
Rubber Co—
&
Co
950
..1
—
Gladding, McBean & Co
Hancock
185
11%
.10
Ltd class A
Co
.
48
11
Co Inc.——-—
Douglas Aircraft
Electrical
High
11% Mar
,_10
Corp
5%
Sep
1
America-
of
Creameries
Asphalt
Chrysler Corp ——————5
Oct
20%
9
64
595
153% 158
153%
-.100
Low
14%
14
.
.common..v
Budd
Sep
9%
20%
9%
—
Range Since January 1
High
Corp preferred.-.50
Securities
Barber
'
Preferred"**——
Tel.
&
Locomotive Works
Bankers
Jun
20%
Consolidated Steel Corp.—J——
Tel
♦
..
—
Low
Shares
Jun
23% Mar
American
Oct
75c
5
45%
„5
———.
5 Va
25
20%
—1
Corp
Jan
38
19%
100
Cessna. Aircraft
3%
Sales
for Week-
Range
of Prices
Par
4% May
400
1.35
a 20%
Feb
410
30
Week's
Last
Sale Price
STOCKS-
High
1.80
1,200
1.30
L30
Byron Jackson Co.—
California Packing Corp common—
Chrysler
Low
250
a24%
Chica Oil Corp———: —i
Bolsa
Range Since January 1
Shares
2
compiled from official sales lists
Friday
•
High
.500
Company
Dec. 11 to Dec. 17 both inclusive,
Sales
for Weejt
Range
Sale Price
STOCKS—
Bandini
Philadelphia Stock Exchange
Angeles Stock Exchange
Los
Dec. 11 to Dec.
Jan
31%
43'/8
Feb
63% Mar !
:
Tonopah
Mining
Transit
Dec
Invest
,1
preferred———25
.
Corp
1%
; 1
A
Jan
'A Feb
187
A
1%
lis
Jan
2% Aug
'
Pacific
Lighting Corp
common——
40
.
Republic Petroleum' Co
Oil
Richfield
Corp
common..—
Safeway Stores Inc.—
Security Co
30
a27
:
•
—
of
Oil
Sunray
Co
.
7%
200
2%
Jan
31
31
267
29%
Nov
32% Aug
25
29 y4
29%
582
28%
Feb
32
Sep
37
34%
34%
400
32% Mar
23
23 »/4
585
16
Jan
36
35%
36%
4,178
28%
Jan
5%
5%
600
11%
30
Sep
1%
Jan
6%
13%
Sep
10
575
6%
Jan
19%
13
19 y2
Mar
May
24% July
19 y8
4,956
15%
Jan
22% Julv
10%
Oil Co——:— .10
11%
600
8%
Jan
13
July
"
STOCKS—
Cardinal Gold Mining
a6 %
,
<
—
,
1
Co
45
6%
5c
3%
lc
7
Jan
2c
2,000
5c
lc
Cons
Feb
Par
%c July
lc
Sep
lc
1,000
3c
Apr
Blaw-Knox
—•
—100
Tel & Tel Co...
.
Aviation
Corp
Oil
—_
(J
Case
Goodrich (B
70
33%
Nov
38% JUly
55%
Nov
69
15%
Sep
15%
Sep
Dec
North
American
Packard
(A
M)
Columbia
common..
Gas
&
Pure Oil Co
Radio
Corp
22%
Jan
26%
IIlO
Nov
20%
Fort
Pitt
4%
31%
80
29%
Feb
5%
Dec
37
Roebuck
&
265
125
15
Dec
17%
171
31%
Jan
39
,Lone
Star
Gas
Southern Ry Co——
Standard Brands Inc
42%
65
35%
Jan
42
Standard
.
Oil
Standard
Oil
Mfg
41%,
100
36%
Apr
490
25%
Dec
36
12%
60
6%
Jan
National
Penn
Stone
&
Webster
Studebaker
Inc
30%
6%
574
29%
Dec
35
370
24%
593
21
43%
45 ye
166
36 %
Pittsburgh
.
Jan
8%
24%
Texas
Gulf
Tide
Sulphur Co
San
Water
United
United
Corp
Corp.
(Del)—
1%
Dec
445
10%
Jan
20%
225
8%
Dec
14
Vanadium
10%
Jan
12
Jan
21
17%
18%
18%
•
512
see
page
50
2%
3%
475
25%
430
24
20%
331
38
10
16%
65
33% Aug
12% Jun
a38
a
5
20% Nov
16%
9%
9%
645
Jan
31%
Jan'
50
2%
Jan
4%
Jun
100
27%
Dec
6%
300
5%
Jan
8
July
Mar
50c
40 VB
2c
2%
Feb
41%
84%
Jan
98%
Oct
220
4%
2c
31%
35
92%
4%
2
4%
Dec
6%
Apr
lc
Jan
3c
Oct
2%
Jan
3% July
17/'
41%
92%
95c
Feb
25c
1,223
1%
3
—'
Jan
1%
230
50c
1%
2c
'■;
Feb
Jun
33
27%
6%
—1
■
21%
_.*
Brake
Air
1,000
600
34%
Steel
Alloys
Westinghouse
common——
Apr
Dec
34%
160
32% Aug
20%
21%
452
15%
Feb
35
Jan
„
24%
May
St. Louis Listed and Unlisted Securities
Edward D. Jones & Co,
'
Established
300
North
4th
1922
St., St. Louis 2, Missouri
Members
Phone
New York Stock Exchange
CEntral 7000
St. Louis Stock Exchange
Chicago Stock Exch.
Postal Long Distance
Chicago Board of Trade
Bell Teletype
Associate Member Chicago Mercantile Exchange
New York Curb Exchange Associate
SL593
23%
35%
19%
Apr
395
14%
St. Louis Stock
July
May
Apr
*
Dec>
-
Exchange
to Dec. 17 both inclusive, compiled
from official sales lists
Aug
Nov
,
STOCKS—
12 % May
Jan
Sale Price
20% July
86
87%
446
59%
Jan
87%
12%
12%
30
10 y4
Jan
15
19%
19%
5
16%
Jan
29%
30
31%
29 y4
Nov
29 %
Nov
33%
140
28%
Feb
54%: 54%
200
47%
Jan
common..———l
6
__
Sales
.
for Week
Shares
Range
of Prices
Low
Par
Investors
Week's
.
Range Since January 1
High
Low
High
100
6
5% Apr
7% Jan
Apr
a33
Friday
Last
July
Jan
5
17
a7%
12%
7%
13
82
22
7%
Feb
.
Dec
July
Brown
Shoe
Burkart
Electric
Century
Co.—
36% July
Columbia
60
Hussmann-Ligonier
Sep
*..
common
.
Manufacturing common.—_l
Brewing
24
—_.10
common
»
-5%
—5
common
6%
-
Jan
43
July
39
30
50
31
23%
24
61
15% Jan
24% Nov
5%
1114
6%
50
35
276
3% Jan
11%
6% Jun
11% Dec
7% July
35%
15 %
179
325
28% Jan
15 'A Dec
18
40
157
14% Jan
12% Jan
20
Mar
16% Aug
40
6%'
5%
_
7% Jan
5% Oct
9% July
560
5%
Jan
13 %
Dec
International Shoe common...,—*
a48%
48%
25
42%
Jan
50 %
Aug
Laclede Steel common
34%
34%
103
13%
13%
20
100
9%
15% July
Midwest Piping & Supply common—*
78%
79%
149
81%
Oct
84%
Missouri
26
410
24%
Nov
a41%
41%
61
33
Mar
45
Sep
50%
51%
790
48
Jan
59
11%
37
7%
Jan
15%. July
St
35 %
Aug
48%
Jan
82
35%
15 %
„
38% July
Mar
July
11%
..
39% May
5
,
a797%
1
all%
I
1
100
2
ill
Jan
Jan
Apr
2% May
Portland
National Bearing
National
Candy
Louis Bank
Cement
common
44%
Oct
St. Louis Public Service common A
95 %
105
Jan
5%
6%
1,005
2%
Jan
8%
Jun
Sterling Aluminum
Stix, Baer & Fuller
35%
35%
295
35%
Dec
40%
Jun
Wagner
82
Electric
common
common.,
common
15%
*
Bldg Equipt com......3
a44 %
6%
15
15
13%, 14
„
25
Metals common—*
common...
a94%
—50
.,.10
2503.
9%
Apr
a
,—.100
Woolworth Company (F W)
For footnotes
Gas
25%
—
Western Union Telegraph Co
Nov
27%
4%
—..5
*
U S Rubber Co
Westinghouse Elec & Mfg Co
Willys-Overland Motors Inc
,
1%
2q.
•
——
3
Dec
"
18% July
8
18% July
1%.
a
Corp——*
United States Steel Corp
Warner Bros Pictures Inc..
3
4
Jan
13% Jan
2% Mar
200
8%'
16%
Oil Co——10
Aircraft
1,352
50c
>s
10
Associated
Union Carbide & Carbon
201
8%
6%
preferred.—..
Toy Mining..—..
Shamrock Oil &
Dec
25%
9%
a34%
Nov
48 Va July
Feb
3%
13
1%
525
4
16%
8
'JJW
Pittsburgh Screw & Bolt Corp
Jun
May
5%
20%
25
—*
.——
Brewing
_
Pittsburgh Plate Glass
Apr
15%
1%
.
i
—
Corp (The)—
14%
41%
common——,
Mar
15%
3%
——
...
Corp
Texas
17% May
Jan
3
*
Corp.——.. 4..*
Fireproofing
Federal Corp
16% May
a
—
Nov
8%
2% May
Feb
1
100
1%
27
12
„
a31%
Jun
14%
3%
—10
Supply
39% July
17
———*
5%
Jan
100
181
8 VB
—5
——_——;
Fuel
Apr
8%
Company (Indiana)—25
(N J)„
—25
2
597
4%
14%
15%
—10
—1
Nov
6%
Co
17% July
15%
3%
-
Oct
9%
24%
—
—
Jan
14%
16%
*
—...
July
6%
Co.—.——*
15
10
July
30%
Socony-Vacuum Oil Co——_—1
70
7% May
Jan
5%
1%
,~
:
w
14%
1
Brewing—
Apr
20
27
__
^
5
—
11% Jun
3%
*
■
Jan
15%
4%
*
—
Oil
Oct
10
167
'
15%
—*
—
28
24%
37%
a
,
r-;:''
common-
Harbison Walker Refractories—__
American
Sears,
Electric
Jun
6
13
13
80
15% July
15%
1%
*
Corp of America.
Jan
a41
—*
——
Republic Steel
:
31%
Jan
8
Jun
Jan
9%
a41%
„
7%
Apr
5
2
42%. Nov
36%
25
Corporation
Dodge
45
10
5%
—*
Pullman Incorporated ,—————*
11% May
185
4%
15%
a37%
Pennsylvania Railroad Co. ————5U
Phelps
7%
18%
20
15
a30%
*
.
35
Jan
100
10%
—,*
Co
Car
Motor
29%
Feb
6*%
4%
a4%
—1
Ohio Oil Co-———:—
32%
28 %. Aug
29%
■44'%
10%
—18
Co
«
%
a24
.
Aviation, Inc.
American
70
50
7%
■
July
100
28%
36
7%
14
—
High'
Low
85
25%
Sep
Montgomery Ward* & Co Inc
._—_—*
a43%.Mountain City Copper Co———5c
New
York Central RR_—_—15%
North
July
76
—
—7
Inc.—
19
188
al5
Tel.^—i—..j.*
Robbing
&
19% May
Jan
4%
*
—*
Libby, McNeill & Libby—
McKesson
'
Feb
13
13%
Copper Corp—30%
Kennecott
12'%
a 44
Graham-Paige Motors Corp.,__——1
International Nickel Co of Canada—.*
International Tel &
140
400
a32%
.
—*
Co—
F)
Apr
17%
36
.
Corp..
6%
34%
7%
,
*
Commonwealth Edison Co
25
Consol Vultee Aircraft Corp.—
1
Continental Motors Corp.—
1
Continental Oil Co (Del)———
—5
Curtiss-Wright Corp
—
1
Class A
—1
Foods
64 % July
Nov
19%
a28
—
Commercial Solvents Corp
General
Jan
56%
—
.
——25
Co———
3%
Jun
a34%
100
Electric
11%
31%
Jan
48
200
3%.
Range Since January 1
High
24%
'
Byers
156% July
a55%
Caterpillar Tractor Co.
*
Columbia Gas & Electric Corp———*
General
Dec
al2%
——5
Co
I)
Feb
19
■
...
——.—
Corp—
Canadian Pacific Ry,——
Borg-Warner
Jan
24%
Shares
July
17 %
al9%
Locomotive Works v t
6%
131 Vb
80
55%
3%
—
c.—-13
Co.——5
Bendix Aviation Corp.———5
Bethlehem Steel Corp.
—_*
Boeing Airplane Co—
———,—5
Borden Co
15
Baldwin
Barnsdall
24%
24%
a54%
__
167
427
688
9
153% 158
24%
.
3
——-—
9
..
al54%
Mining Co
—50
Atchison, Topeka & Santa Fe Ry—10G
25%
Co
Mesta Machine
Anaconda Copper
for Week
Low
Allegheny Ludlum Steel.——
Mountain
Sanl Corp
& Std
Amer Rad
American
4c
Sep
Stocks—
Unlisted
Sales
Range
Oct
.Sep
2c .-Apr
9,000
3c
3c
—/
Oct
"
7c
5,000
%C
%c
.
25%
.
McKinn'ey
Imperial Development Co Ltd——25c
Zenda Gold Mining Co——--,——25c
Aug
of Prices
Sale Price
Duquesne Brewing
Mining Co—10
Mining Co—10c
Gold
Juneau
Mammoth
2% Jun
Jun
20%
Week's
Last
Devonian
Black
1%
78
compiled from official sales lists
Friday
Sep
Apr
18%
19
California——,—— 25
5,186
Pittsburgh Stock Exchange
Dec. 11 to Dec. 17 both inclusive,
30% May
39% May
8
8%
Transcontinental & Western Air Inc
Alaska
22
Sep
9-
Jan
4
23%
al9%
2%
22%
2%
2%
20
:
25 % July
-5
Mining Stocks—
Coal
4% July
2% Jan
21%
8
2 % May
35% Sep
Jan
Jun
400
all%
Corp..
Jan'
3*3
17%
Nov
2,170
25
371
'■468
July
8%
Corp——-——-—
of
13
22
23 y4
.2
Oil
40%
1,073
——:
Union
27
Jan
Jan
225
11%
8%
California
Universal Consolidated
Jan
52
27
2%
Taylor Milling Corp—
Transamerica
17%
1
34
Jun
22%
•
Oil
42
22%
Co
Standard
Jan
25
preferred class B———
5%% preferred C—
——
Southern Calif Gas Co 6% pfd A—.
6%
Pacific
32
~8%
is
Sontag Chain Stores Co Ltd——
Southern Calif Edison Co Ltd——— 25
Southern
10
distribution———..,—,
Westmoreland
% July
33%
—
Improvement—'
Gas
Ex-stock
Mar
46
39%
1
5%
Jan
%
31%
Corp common————
preferred
United
11% July
Nov
35%
10%
11%
S3
Jun
30
39%
Signal Oil & Gas Co class A—
Sinclair Oil Corporation.
Solar Aircraft Co—
3
2,600
United
Dec
6%
38%
38%
15
Oil Corp
Union
Shell
12
Jan
7% Jan
305
3
44 y2 July
Jan
43%
a 43%
_#
Jan
7
2.10
3,350
9%
3
—1
—
5%
9%
common—,——
Ryan Aeronautical Co
34%
124
12
5'%
5%
__1
380
40 %
.
12
Puget Sound Pulp & Timber Co-
_.
1
9%
1
10
15
15%
34%
15%
34%
10
810
11
Jan
14% Jan
2%
2%
9%
8"%
8%
29%
100
12
30
135
258
2
8%
6%
6%
24%
9%
8%
8%
29%
29%
„
-
8%
July
Jan
Jan
Feb
Jan
16% Jun
Sep
3
Nov
11% Jun
12
July
10% July
34
Oct
(Volume 158
THE COMMERCIAL &' FINANCIAL CHRONICLE
Number 4239
CANADIAN
MARKETS
LISTED
Montreal Curb Market
Montreal Stock Exchange
Funds
Canadian
1
'1
■
Friday
Range
Low
Aluminium
Ltd
94
328
100
Dec
133
Nov
103%
.
Abitibl Power & Paper
May
92
100
30
6%
7%
Cum.
Associated
Breweries
common—
Bathurst'Power. & Paper class A—
Bell Telephone Co of Canada- lioo
13%
23%
Brewers
22%
British
American
Columbia
Dec
220
■
12
Nov
15%
157
'
.
155%
141
Jan
158%
Sep
Jan
28%
Sep
14%
1,910
23%
23%
Columbia Power Class A
Class
B
''
lioo
Preferred
Canada
Northern
7
Power,,———
Canada
m
Steamship common
preferred
9%
l~50
—
31%
4%
92
&
Feb
5%
200
Canadian
Breweries
common—,
Common
Sep
Dec
Canadian
Jan
38
5 7<?
14 % May *
Nov
Canadian Car &
New
Foupdry
1.45
,
•
common.
Commercial
Oct
Jan
42'%
Nov
Consolidated
Div
Feb
34
Feb
Consolidated
July
7%
Jan
12
Nov
27%
David
&
,"B"
Oct
Celanese
Preferred
*
common——
Canadian Converters
Canadian
Cottons
35 Va
Z100
7% —ui—
aoo
31
33%
27
133
39%
Jan
20
Feb
145
145
preferred—,— .100
,750
36%
35%
145
230
V
17%
120%
Feb
128
130
25
25
30
6
730
3%
Jan
365
3%
Jan
2,980
'7%
130
Class
.:
Feb
^
"5%
5%
"B"
5
Canadian Pacific
icailway,^,,—_ —25
9%
"9%
5'A
second
Oilcloth
9%
.
_»
——————
/' '
'•
—
41%
.
Dominion
Woollens
Dominion Coal preferred
Dominion
Glass
—
Dominion Steel
Coal B
&
II25
—
preferred——,,,'—
<
&
Tar
——
—25
Fraser
of
Canada
13%
Ltd~ A
Freiman
Jun
J
Hydro-Electric
July
Ltd
6 'h
31% July
International
16%
Class
Jun
159
Feb
Dominion Textile common—,;
Preferred
^'*tr,
B
St-John
IlOO
—
Dryden Paper
-J2
•
155
:■
"7%
:
155
Nov
11
105%
Nov
72
Nov
81
Mar
25
■
8
7%
151
July
156
Nov
Massey-Harris Co
Ltd
8% July
McColl-Frontenac
Oil
5%
250
/Eastern
Dairies
Enamel
&
Products—
*
,'
—_
Co of Canada—
5
.2 v*
•
15%
■
■*:
50c
100
60C
60c
Heating
Foundation
■
5
100
Feb
1.45
Sep
3
75
,
•••/■
15%
14
Power
Maple Leaf
"A"
Nov
5%
.
*
8
IlOO
86
—
——
preferred
—
7%
305
8%
86
79
25
.
&
Preferred
Guwi
common4.1^,_j;
uv.
—T-_.
(Charles) common^—
■
11
I100
109
V,
—!'*
Gypsum, Lime & Alabastine,
10%
'
11%-
Apr
109
109
.
94
-
•7%
7%
6%
7%
■
*
6%
8
Jan
94
Jan
260
.
A
Bridge
(fTXvfc
Bollinger Gold Mines_at--—
-'2,-5
Howard Smith" Paper 'common'——
; /
Preferred
Hudson Bay Mining—
_'
25
11 Va
255
14
14
20
106
1
'
.
I100
2;,y.
Va
11%
: 106
/- 5%
.
5
14%
Nov
4^4
280
21% Mar
28%
Sep
2% Nov
6%
Jun
24%
480
24
24
18 %
19
130
19
-
110
Jan
8
Jan
7%
81
81
3%
43
43
5
preferred
,20
16%
17
75
22
22%
506
A
».
—*
21%
:
III
Tmnerial
28
28%.
14%
10%
:
8
&
12%
'■*.
Tobacco
of.
Can
Preferred
•
Industrial
98%
Jan
27
Feb
32%
12
Jan
International
Paper
international
Preferred
107
Mitchell
Mont
pfd,—,100
pfd-100
5%
6 %
Feb
15%
Jan
24
110
Noranda Mines Ltd—
Ogilvie Flour Mills
Steel
Ontario
110
22%
22%
N
C
-r
98
Jan
85
19
Jan
26%
75c
Jan
18% Sep
18%
500
15%
7
7
100
14%
120
19%
19%
''
19%
46%
3%
105
.7
Jan
8
2,010
5%
Jan
10
150
16%
Jan
22
18%
18%
"B"
*
"■
Nov
33%
"A"
33%
635
26
Jan
36
615
12%
Nov
15
49%
456
40
Jan
52
48%
to ca
24
;
■
"
Ltd
Penmans
Power
Common
Bros &
Price
5%
Ltd
Co
preferred
Quebec Power
common,:
19
_.—
_
•
;
/. ,100
Saguenay Power preferred—
Lawrence
St
Class
St
Corp
Flour
Lawrence
St.
Lawrence
25%
93
Feb
107
45
43%
Feb
53
Mills
1,935
92%
125
62
12 Va
147
12
10
3
3%
425
15%
1,525
30
30
30
47
common.
I100
Paper preferred
19
12
100
Simon
H
&
of
Sons
Southern
Canada
Steei Co.
of
Can
common-
__
47
47
Canada
—
common,
_
—
6
9%
'•
100
Jan
United
Steel
Corp,,
93
-"100
Winnipeg
—
Electric
Preferred
Zellers Ltd
1,
Mining
;—,*
2,1
—
1
Mines Ltd—
Gold
Gold
Sullivan
Mines Ltd
Mines
Cons
Upper Canada Mines
1
Dec
1.75 Jan
108
4
Oil
Home
Co
Ltd
—*
.
Jan
140
24
Feb
35
188
32%
Feb
47
For
footnotes
see
page
2503.
50
1,000
61c
Jun
Feb
'
2.000
v
4c
Dec
40c
2c
Mar
%C
■
21c
Aug
Aug
'9.30 May
8.85 Mar
68c
Feb
Sep
3c
5,000
2c
Apr
6c
Jan
6c
7,950
4c
Dec
8c
Juiy
1.20
1.20
80c
Jan
200
3c
3c
1,500
5c
5c
1,000
3%c
97C
97c
1,000
80c
3.35
3.45
800
83c
83c
350
1.30
1.45
6,665
1.38
1.38
200
3.40
550
75c
152
5c
3.35
1.30
3.40
75c
%
160 Aug
6c,
2 Vac Feb
1.66
8c
July
July
1.04
Nov
3.75
Apr
Nov
76c
1.16
1.45
63%cMay
60c
Dec
Jan
138
Dec
3.45
Nov
66%c
Jan
4,700
38c
1,500
68c
Jan
1,000
].04 Juiy
'
Jan
1.60
1.90
56c
Sep
Sep
2.15 Mar
1.58
52c
Aug
Apr
1.90
52c
1.58
3.40
3.40
1.10
65c.
Nov
1.80
Nov
2.90
Jan
Dec
3.50
710
Exchange
Week's
Sales
for Week
Range
of Prices
Shares
Low
High
2%
2%
775
25%
27 %
14
14
1.15
1.12
1.25
7,250
13C
13c
130
500
17c
17c
18c
18,000
8 '/8
8 %
89
89
10
91%
91%
85
220
9
May
11%
Aug
Nov
11%
Jun
A
63
63
59%
Jan
72
4,00 July
Funds
Par
& Paper
10
2.66 Jan
inclusive, compiled from official sales lists
Sale Price
STOCKS-
85
Range Since January J
Low
High
4%
70c
Jan
1,740
5
Jan
33
25
13
Nov
14
July
Apr
14%
1,312
25
85
14
Oct
13% Mar
77%
■—
3%
.77%
25
25
3%
60
Dec
Jun
54
-
62
6%
54
6%
55
1,307
47
2%
19%
Jun
16% July
P
6
77%
Copper
Algoma Steel Corp. common—.
Preferred ,2
——100
Apr
Dec
Jun
Ltd
common,
Co. of Canada 5% pfd.. 100
Anglo Canadian Oil—i——
Anglo-Huronian Ltd
Jan
19
Aquarius Porcupine Gold Mines,,.
Arjon Gold Mines,-.—
Jan
27%- Dec
Jan
62
365
21
Jan
19
140
13
27%
500
24
„100
132
132
132
45
156
156
157
153
147
243
243
7
223
129
26 Va
—-1
Consolidated
8% July
63% July
May
57 Va
18%
100
1,500
%c
10c
i 2c
2,300
12
2c
Last
July
100
:
Nov
5c
Friday
Sep
58
Jan
99
Aluminum
Dec
.
.Armistice Gold ——u
———
'Ashley Gold Mining——.
Gold, Mines Ltd
—
Bankfield
Jan
160
Mar
Bank
of
Montreal—__—1
Jan
254% May
Bank
of
Nova
Consolidated
Mines
Jun
9c
Jan
21c
Aug
Dec
102%
Feb
Jan
S4%c
Jun
54c
60c
23,500
20c
13c 14 %c
15,000
12c
40c 43%c
18,350
—1
9%c
1
3.15
100
Scotia,,——— .100
500
9 %c
11c
33,000
3.15
3.25
3.100
3.00
%C
Feb
.
-
7.10
68c
Oct
July
July
33c
35c
July
60c
3c
May
5%c Sep
2%c
Jan
.
1.35
Jan
8%c Jan
500
14 %c 15 %c
9,166
156 156%
26
150
240
1
227
240
Jan
Dec
13'Ac 13 %c
15
July
Aug
133% Mar
Dec
47c
445
4c
July
99
5,500
4c
90
May
91%
62c
40C
11
Dec
8%
81
6.20
,,1
—
;
17c
61c
—1
Aug
130
Dec
1.60
Jan
6.10
61c
July
9c
60c
1
Mines
144
99 100%
20
.
I3%c Jan
6.20
—-.
Aynor
__
18c
3%C
61c
Canadian
Dec. I t to Dec. 17 both
Bagamac
i—:
Scotia
13%
'
■
■
12
Toronto Stock
:.-
July
Banks-
Montreal
21% Aug
•
■
-
Astoria Quebec Mines,—
Nova
,
Dec
Dec
3c
.,1
200
Preferred
„
65
5C
.—1.00
Ltd,——
Ltd
4%
2.00 May
Jan
Dec
3c
Ltd—-——-*
Corp
10%
—
Commerce
19%
12
18c
•
1
Lac Gold Mines
Jun
27%
common
10
25
%c
——-1
10%
6%
IlOO
21
12
Apr
'
Jan
1
Ltd
10
54
——————
common
-
Ltd
Mines
Mines
Goldfields
Aluminium
Wabasso Cotton
47%
-
1
63
■
325
21
Mines Ltd——1
18 Vz July
15%
3%
—_
65
Mining—_—1
Dec
16
Feb
14%
,1
—
Biscuit preferred
61
•16c
Gold
33
Apr
Jan
Jan
Malartic Gold Mines Ltd—.2*
Gold
33
30
/
Aug
July
6% May
Dec
3%
3%C
Diamond
&
6%
1.25
Ltd——■—2.2—2—,,2*;
Cadillac
Aldermac
Viau
33
25
64
1
10%
_*
6
Oct
10
Jan
95
Ltd—
Mines
19% Julv
Jan
Nov
115%
15%
14%.
0
,,
6%
Oct
106
2'A Jan
17
50
Corp Ltd,,,—i—,-*
common,-,—*
6% preferred ———.——100
Agnew-Surpass Shoe common---——*
Ajasx Oil & Gas Co.—————1
c
Common
Power
50
12
10
#
Shcwlnigan Water & Power
50
21
July
4%
Jan
102
4%
*
Mines
Abitibi Power
Sherwin-Williams
,9%
.
45
'
10% Julv.
130
100
43
Jan
.
Sep
Jan
7
92%
■
Feb
105
97
Dec
4
Aug
15
3
38
1.75
Porcupine Gold Mines Ltd—>,1
Dredging Ltd—-1
Sherritt-Gordon Mines Ltd—
~1
Jun"
18%
,
87,
33
Pdmour
Feb
17%
15
II50
m
'
:
/ 92%
2^/
100
*
common
preferred
A
",100
Sep
Sep
May
July
7
Oils-
Oct
7
——_—
49 Va
Jan
1.75
Pato Cons Gold
Aug
Jan
53
:
25%
3%
1.75
Steei^jproducts
Gold
Gold
Siscoe
10
53
of Canada——
Corp
Bralorne
Normetal
Sep
40
,y"
Jan
45 Va Mar
15
I
Little Long
Jun
18
22
1,550
11
99
27%
200
24
11
99
^
Dec
50
.
I
Joliet-Quebec
Sep
13%
1.50
20
25
,
Dec
Nov
Apr
75c
110
39
July
.
7%
3%
Pfd
Cum.
Eldorado
Sep
13%
33%
105
21
;; 21
preferred,—,——*
Kirkland Gold Rand Ltd
Apr
49%
/'/■
—
20
20
#
Common,,
55
20
22
Jan
104
104
common——
Fuel
O'Brien
Oct
Feb
13%
»
:
18
:
Jan
Feb
5%
9%
pfdUOO
cum
preferred—,,
Malartic
13
33%
————,
Jan
44
'/
Apr
6%
Pow 6%
Co,2,_—
Central
Dec
2,232
18
/■"
*
common——,
19%
18
■ ]
new,
18
Jun
16%
4%.
38
4%
1st preferred—2—,25
Canadian
July
July
8%
90
9%
Jan
14%
190
.
Jan
98
10
...
■
3%
90
38
4%
Century Mining Corp Ltd
Sep
110
1st pfd_10G
cum
46%
Julv
20
Jan
4%
11
.275
•«
25
25
46%
preferred,,—,,50
Gas
Brazil
Jun
18
■■/■'
•
-100
Page-Hersey Tubes
41
8%
8%
•
Products
110
21%
6%
2nd
Aldermac Copper
\
Dec
6
8
Dec
Jun
Ja>
Mines—
July
460
8
r.
22%
10
and Power Corp "A"—'—*
part
Stores Ltd
United
$1
Oct
21
22%
Jan
15c
cum
,*
Corporation Ltd—,,——,*
Aviation Ltd—
'
39 Vz Mar
17
common,—
Corp
Nov
11%
:
'
Breweries
28
361
Mortgage,—— —25
Steel Car
511
330
Light Heat & Power Cons__i_
National
22%
Jan
3%
700
14%
yr
Brewery Limited—,—,*
Walker-Gooderham & Worts common,*
; 7% May
27%
IIoo
National
Jan
15%
I100
Tramways
Jan
21%
20%
(Robert)/
Montreal
7
15%
common—
Nov
17%
Co Ltd common,,*
Walkerville
Oct
13
29%
19
181
preferred
6%7«
.
Oct
50
15%
»
&
29 Va
Dec
16 V2
,
110
Thrift
Aug
1,150
-
•
21%
—
Loan
21
••
common—
Montreal
10% Mar
—15
common—
Massey-Harris
21
29%
com—•
j——
(C W)
"
Jun
43
25c
1.50
Bouscadillac
common,
—
the Wbods
7'.. '
21
Petroleum Co Ltd—
International Power
Lindsay
7
935
Dec
5%
Jan
Apr
Dec
17%
1.50
2
17% July
12% Jan
11
„£1
Acceptance Corp com,—
international Nickel of Canada
Lake of
.5
common
81
July
17
Refrig & Storage vtc com,,*
Southern Canada
16% July
,
Apr
1.50
40
23
6%:
Jun Y
Jan
Jan
695
14%
107/a
—
20Va July
65
130
Western Canada
•Imperial Oil Ltd.
Oct
20
Jan
25c
17
2—,———
Power Corp of Can
Jun
2,782
28%
»
•.
r/
Jan
24%
12%
150
.100
Jan
Jun
12%, Jan
-
5
3%
Ltd—I
105
Aug
,30
14%
———
4%
19 Va
1,410
7%
$3
Oct
4%
8.90
2%
325
Sep
12
,
Sep
7% Aug
225
7%
Union
-Hamilton
3 % Mar
2%
105
Sep
5
100
Atig
7% July
13%
3%
Limited Pfd——10
Moore
11% July
Jan
150
-
30
.
28 %
Montreal
,
16% July
Jan
710
-
26
Aug
2% Jun
Dec
Jan
2%
Paper Co——.*
Milling
preferred
Quebec Tel
General Steel: Wares
Feb
1.05
24%
28%
Noorduyn
Gatineau Power common—
Sep
6% July
5.00
Distilleries
Jun
7
Jan
'
.
Apr
12
Jan
11
5
185
Jun
July
6%
Feb
t
Apr
25c
Feb
8
59
29%
Melchers
—
77
Apr
3
3,192
1.05
30%
Jan
6
13
15'A
1.05
Jan
7c
O
May
,1
—
Paper,
&
Power
149
73%
73 Va
15%
29 %
Sep
25%
20
-
3%
July
Lake
Apr
7%
6
5 'A
19%
Jan
.2
40
10 Va
65C
Aug
.
85c
10
6
1.05,
15
-
500
19
Corp
'—2—,—
96
•<
6
37
5
Corp—„
5%
50
1,198
r,
7
.
Jan
30c
.1,550
15c
10%
5%
A—
Utilities
8
6
preferred-,,: .100
Securities
Nov
7%
1.90
Ltd,——
22
105% 105%
18
1.70
37
2—
880
•
/
19
Companies,
24%
•
50
3%
24
7%
50C
18
1.75
Ltd
Paints
pfd%. ,100
Chemical
Nov
50c
1,815
Motor
MacLaren
Dominion
372
6%
Ford
46
Jan
May
6%
Nov
12% May
Feb
160
Paper Co Ltd————*
Aircraft
Jan
11%
35
Jan
Fanny Farmer Candy Shops Inc—
Nov
152
172
Jan
Fleet
9%
5
Mar
172
»—*
.*
NOV
37 %
255
Sep
July
169
9%
International
-
110
Jan
3
Oct
A
Jun
148
25
41%
13%
107
41
60
Jan
155
26
158
4%
26
13%
22% Aug
109
11%
1,385
155
NuV
101
4%
40%
155
Jun
17% Mar
11%
39
13'A
-100
91
—_*
24
*
104%
10
,—20
Donnacona
Dec
Feb
101
22
270
109
*
Common
39%
Bridge
Juiy
156
Linoleum——*
&
Inter-City Baking Company
Distillers Seagrams common—,—,
Nov
22Va July
"26
94
,,5
Ltd
Apr
35
11
41%
1
;
8%
Jan
17% Mar
20%
100
6%
65
11
Consolidated Mining & Smelting— —i>
17%
'
Sep
11% Juiy
94
preferred..2.50
Corp
Preferred
Voting. trust
Cockshutt Plow
104% 104%
:*
6
•
1
62
Dec
33 %
Feb
25
95
15c
Fairchild Aircraft Limited,—
Canadian Foreign Investment cornCanadian Ind Alcohol common
22
20
——*
Frere, Limitee ,"A"„
Dominion
Sep
Sep
33%
Jan
30
33%
150
22
20
—*
————w——
Dominion
Canadian
B„
preferred—
Paper
25%
,*
Advert
Alcohol
27%
80
5%' Feb
Cum, Pfd.—,100
General
32
135
9% Jan
225
,*
Co,—
.
Vickers, 7%
130
8
296
8%
5%
20 %
class
preferred
100
25%
10
7%
pfd-j.—100
Power
33
25 Vz
9%
8
Company———!
Paper Inv—
&
41
8
IZ25
Preferred
10
pfd——,100
7%
—-A,--
Marconi
Power
Canadian
May
6%
Jan.
12 %- Feb
•
Ltd—
Ltd
Light &
Canadian
9
745
250
Sugar Co
—
33
common,——
670
50
6%% Cum. Pfd,100
41
41
Bronze
5%
5%
5%
Preferred
4% July
32% Juiy
27
50
.
7% Cum. Pfd.—_
—100
Canadian International Inv Trust Ltd—
Claude Neon
Canadian
Jan
Jan
25
50
Vancouver—5
Co
Pr
Industries
Canadian
.30%
58
188
32
Api
Dominion
Canadian
106%
Oil
Northern
26% July
12 ' July
Jan
20
65c
27
Ltd——.
of
Packers Ltd—,
Canada Wire & Cab
Sep
8%
Corp
Calgary Power Co Ltd 6%
Canada
July
17
375
Feb
5% May
Jan
25
97/a
31%
Mar
79
8
8
Jan
13
29
Dec
2
1,000
20
20
23
,75.
106% 106%
106%
;
/
7%
7
Forgings Class "A"
Canada
'
15%:
15%
—
Canada Cement common—
5 %
3%
3
Building Products class A
76
150
24
24
:
2%
100
Distillers
&
Canada
British
High
2%
_
Power
25% July
Nov
Jan
15
101
13%
13 %
155
Pwr_,—
21 Va
1,176
21 Va
21%
Brazilian Traction Lt &
21%'
21%
21%
•
Range Since January 1
Low
High
Low
100
Pfd.,
British
*
Corp
Shares
—•
common
preferred
Feb
Beauharnois
Asbestos
for Week
of Prices
Par
High
Low
Sales
Range
Sale Price
Range Since January 1
Shares
92
—
STOCKS-
High
■
—50
pfd
Week's
Last
100
92
common,,—
Funds
inclusive, compiled from official sales Hsts
Friday
for Week
of Prices
Sale Price
Par
Aluminum Co of Canada
Dec. 11, to Dec. 17 both
Sales
Week's
Last
STOCKS—
Canadian
—
compiled from official sales lists
Dec. 11 to Dec. 17 both inclusive,
2501
4c
May
Aug
Jan
14c
3.50
19 %c
Oct
Sep
Sep
July
19%C NOV
161
Jun
259
Mar
>• i
THE COMMERCIAL &
2502
CANADIAN
Friday
Range
Shares
Broad
Barkers
Bathurst
1.61
1.63
11,025
70c
'22
150
15
3%C
1,500
26c
26c
1,700
17%c
Jan
28'A
29
405
26%
Jan
70
72
35
55
155
.160
67
157
14'A
14%
3,293
10%
11 '/a
590
15
110
Jan
100
156
36c
7
7'A
460
15%
335
140%
Jan
9%c
Jan
Aug
Preferred
5
6%
Jan
9 %
Dec
International
8
7
4% Feb
8'A
Oct
Preferred
8V4c
8%C
4,100
■
Light & Pwr com
7.40
Jan
11%
Sep
Jack
110
23%
Jan
26
Dec
Jacola
28'A Jun
23 %
24
2,380
14%
Jan
8%
8V4
380
5%
Feb
21%
22
605
17%
Jan
22%
Jun
21%
22%
95
17%
Apr
27%
Oct
25
5
21
Nov
29
65c
69c
29,447
19 %c
34,150
46c
1.60
Jan
a.uu
July
7%c
10c
3V4C
Jan
10 %c
Dec
Lapa
15%
16
65
3
1,000
Aug
Sep
Bebel Orq Mines
9%c
3,
13
17
Mar
l%c
4c
Jan
10 ti
10%
50
9%
2.02
5,945
1.15
Jan
7
7%
521
11% Mar
Feb
1.95
1.95
.*
2.60
414 Jan
Sep
Oct
44
255
3614
Feb
90%
91
85
79%
Jan
98
148
148
2
9%
10
265
87/a
Jan
31%
32
738
30%
Nov
38
64
64
35
Jan
68
5
5
25
89%
90
40
140
'
J'
^
31%
50
4
—*
Preferred
———100
Canadian Bank of Commerce—100
Canadian Breweries common,
•
Preferred
*
Canadian Canners common.!—,——.*
1st preferred ———
20
Convertible preferred-.——.-.—0
Canadian Car & Foundry common—*
Preferred ——A————...—-25
New preferred —;.—————25
-£-<■
...—
89%
124
131
5%
5%
835
41
65
,
40%
8
8%
79
22%
22%
23
15
11%
11%
11%
231
7%
————
8
27
,
35%
common.——-.—*
Celanese
—......—100
Dredge & Dock——
•
Food Products
'0
Industrial Alcohol A
—*
Locomotive
—*
Malartic A—.——4
Oils Co common———
■-*;
Preferred
Canadian
Canadian
Canadian
Canadian
Canadian
Canadian
Pacific
Canadian
Commoil
Ltd
Conduits
National
Fire
8%
19'A
19%
42%
Nov
9% July
Oct
Jan
14
July
11% July
36
Sep
July
Preferred
——;
Mines
Maralgo
Massey-narris
Preferred
—
Frontenac
Porcupine Mines
McKenzie
■
19'A
McLellan
McVittie
133
Feb
151
Jan
19
July
22
Jan
44
Dec
Mid-Continental
Nov
Oct
614
Jan
■
&
92%
Jan
6'Ac
7c
1,000
5'Ac
Jan
lie
57
58
1,555
47
Feb
58
1.45
1.43
1.50
7,950
83 o
Jan
3'Ac
3'Ac
6,000
l'Ac May
Sep
Moneta
Montreal
12% July
Moore
5c
Aug
5c
Apr
8c
Nov
11c
Jan
25c
Nov
6
60
4
Feb
18%C 21 %C
47,500
18%c
Dec
1.90
2,300
1.22
Jan
2.29
Oct
Mar
80
Apr
1.85
1.05
1,900
£4c
Jan
1.60
1.65
1.35 July
1.75 Sep
84
6
1.20
1.38
15,800
1.75
210
:
7c '
•
74%
23
44c
73
16,794
36c:<
65
1.70
1.90
22c
c;
13,951
2.00
10%
17c
3,100
;
Jan
Ltd
Grocers .Co
Preferred
copimon—1*
2.14
Dec
2.65 Aug
2.09
Noranda Mines
1.70
75c
Jan
85
Feb
July
Oct
1.65
25c
Mar
1.75 July
9%
9%
630
6
Jan
9% July
27%
27%
13 %c
Nov
19c
Dec
Northern Canadd Mines
22c
500
16c
Mar
26c
Oct
North
14%
100
3%
65
—
Jan
4'A
Dec
Jan
1.74
Sep
O'Brien
9%
Jan
15%
Oct
Okalta
Oils
—'4>-4—--—9
3%
Dec
3%
Dec
Gmega
Gold Mines—;————!
42
875
37
Nov
85
123
Jan
33%
33%
25
5
144
33
1.50
25
Jan
46 %
July
Ontario
Ontario
Steel
38% July
Dec
5
42
Dec
Aug
..
—J.•
—4——
Loan
Oct
136
Feb
Ltd
__50 "
Orange Crush preferred
—
Pacific
39%
28
28
29
1,129
18%
Jan
155
21
142%
Jun
167
July
20%
Jan
30
July
Nov
11
36
230
2o
8
659
1
Oil..,——.—.—
—i
Washing Machine..
Gold
Eldorado
8 Vac
.*
1
Co.
Mining
11 tic
1.60
English Electric of Canada A
Class "B"
1.15
235
5%
Jan
105
2%
Jan
8%
Jan
July
14% July
4c
Feb
10%
11
265
8c
8VaC
1,500
10c
13c
84,800
4Vic
Jan
1.60
1.65
6,300
1.09
Feb
200
9
1.15
1.22
May
62c
600
20c
Apr
1.25
1,426
4%
4%
1.30
1.45
1.00
3%
Jan
8
Nov
21 %c July
1.82
Sep
Dec
9
38c
68c
3,100
37c
19,900
8%
107
50
104%
12
20
12
75c
55
2%
5,900
80c
Apr
1.64 Aug
20
July
5
2
Dec
3.20
3.40
2,645
25
25
10
•
'
Famous
Fanny
—*
Players.———Farmer Candy Shops
3.35
0
——-1
:
Preferred
Ford
of
Co
Mining—...x__——1
Canada
Foundation
355
205
4%C
77
130
4c
4t4c
8,000
24
A—
Class
Co...
23%
24%
15%
15 %
31
30VaC
*
—
Gold Mines
Francoeur
29
3%
75
1
.
Kirkland
Federal
28 %
3%
28%
Federal Grain class A common-——.*
*
94c
1.78
C—r.——-1
preferred—100
Gold——1
Mines of B
Gold
Pioneer
Mines-.
Gold
Powell
Rouyn
trust
Voting
Power
:
Pressed
Metals
32c
630
40
3,200'
3.10
Jan
2214 May
21
314
75
2%c
19%
14%
18c
5%
Power
4
common—,
8
Mar
Preston
Dec
Jan
Jan
Jan
May
East
Dome
Lake
Glenora
God's
Porcupine
Mines
Ltd.—
Belt
Mining.
Gate
50c
Bousquet
Lakes
Great
Preferred
Common
Great
Gold
Guaranty
Gunnar
Gypsum
Lime
4c
3,000
lc
May
18c
5,800
12%c
Jan
15c
4,500
10c
Apr
Feb
Queenston Gold Mines—
4.80
Jun
Riverside
Sep
Roche
26
30
Sep
3%
Dec
Dec
77
7%C Aug
24%
Oct
16 %
Sep
39 %c Sep
Mines
Gold
9c
St Lawrence
5'Ac
Nov
29 %C Mar
19c
21c
Sep
Oct
1,000
12c
Jun
2,250
2c
July
3c
Jan
15c
Jan
95
Jun
3%c Nov
3e
3c
2,100
5%
48
20%
58
20%
6
6
6
100
6%
6"%
60
103
103
1
15c
15c
"800
6%
65A
6%
160
2c
3
14%
May:
Feb
3
July
3%
4
%c Aug
Dec
11%'c Jan
5
Jan
Aug
July
6'A July
July
23
Oct
7
Jan
103
6c
._l
1,500
1.25
Jan
104
104
75
100%
Apr
104
Oct
1.34
1.40
3,800
52c
Apr
1.50
Nov
1.33
1.38
7,400
50c
Jan
1.45
Nov
6%
6%
11
90c
•
7
2.14
,89c
94c
6 Vs
7
90
2.14
2.19
4,950
48 C
71c
77,918
II,500
9c
6,500
,2%c
3c
8,000
3.25
100
3c
•
6
Hallnor Mines
...
l
3c
3.25
3.25
Apr
2%o Nov
2.50
7
Class
104
24c
7%
Hamilton
Hamilton
Harding
Hard
Cotton—
Theatres
Carpet..
Rock
Harker
...
Gold
Gold
preferred.
__
5
5'A
140
15
15
70
100
..—100
Jan
"A"
4%c
24
24
5
15
7c
135
7c
___i
2c
135
136
35
20
30
:
23c
4c
4-4.
15
2c
210
1514
35
1%
12
44c
6,182
40
Jan
4.00
Sep
9%c
Jun
43c
43c
45c
5,600
Mar
62 %c
Sep
14%
15
115
Nov
1914
Jun
-1
—
*
Shawinigan Water & Power
Gold
Preferred
Simpsons Ltd class B_!,
Preferred
Siscoe
i-4,
Gold
Sladen
South
4
275
Jan
9.75
Nov
100
9% Sep
10%
Nov
8%
150
8
13
13
50
3%
Jan
13%
104%
105
55
86%
Jan
105%
Dec
39c
Mar
64c
Nov
29c
Jan
13
.
—
51c;
_1
Mines—-
50 %c
56c
55'Ac
57c
15,400
3%
3%
1,000
3,%
Petroleum i Co———
-,
■
Springer Sturgeon „"_•———4—4
Standard
Chemical J
—4
75c
18
-
.r
Paving common————_4_4
'Preferred: -Ai^_——1———4"
Co
Sullivan
Cona
:_.4
4
' •
MinesJ—
_1
r
18
\
t
..
5
69%
30
2.22
1.53
1.53,
1.65
2.06
3.15
3.30
5,690
85c
95c
1,200
i
2.00
1
3.30
1
85c
Nov
Toburn
Gold
;
Mines
-
-
11 'A
11%
2,030
8.50
3.35
3,50
3,940
2,65
For
footnotes
see
page
2503.
Elevators
!
Preferred
6C Aug
Dec
Toronto
Union
United
General
Gas
Co
Corp
Jan
1614 July
12% Sep
United
Fuel
Jan
4.10 July
United
Oils
Class
—4—4
common
Towagmac Explorations
3.35
•
Toronto
Transcontinental Resources
11%
Oil—
Nov
'
Oct
Home
Dec
Jan
76%'Apr
Oct
Jan.
2.65
Jab
1.80 Nov
2.25 Aug
65c
Nov
Nov
44c
Oct
Nbv
J.38 Jan
1,075
Teck-Hughes Gold Mines
July
3
10
22%
1.51
18,885
8,590
2,00
19% Aug
Jan
Jan
66
69%
Dec
4% Mar
17
.2.06
Sep
Jun
77c
5%
.5
2.08
-
Nov
7
225
A
■
60c
Oct
-8c
:
JO
Jan
1.J0 Jan
25
40
22% .22%
•
.
54c
Jun
9
Mar
314c Jan
205
■,
9%
.
.
28,600
18
j
.2%
9%
4%
'
69'A
preferred.—-—25
—
—;
4 44"
r4 ;
,
4—-4
—A———
Canada
1
75c
69c
,2%
•
Standard
5.75
5,500
37c.
Mines—.4-4———-——X-
Malartic
End
7,656
8%
—100
—
Jan
78c
9.50
•
—4
—
67c
1.04 July
10'A
75c
—
common————*
;
13
9.50
75c
1
—
18c
10
_1
Mines-
Mines—
Silverwoods, Dairies
4%
Jun
3% July
18% July
Jan
1.15
Mar
Feb
Jan
Mar
1.86
Jan
17c
Aug
6c
2%c
Mar
14
Aug
22
Jan
Jan
3,530
May
4%c
July
■6,000
3
Apr
15%
101
July
9c
3.45
of
7%c Jun
4.00
25
150 Ii
132% May
6,000
3
15
3c
—
9%c Apr
Jan
Jun
5'Ac
40c
2c
5'Ac
May
22
3 %c
3.30
85
4c
39c
Dec
4%c
Steep Rock Iron Mines
Nov
260
15%
71c
3.40
Steel
17
22,800
15%
Sep
Jan
4%c
Sep
Dec
4%
1
July
2.50
-—1
Aug
Jun
1.08
Paper Co...:
I"—*
Hollinger Consolidated Gold Mines
5
Hinde & Dauch
Sep
9
31c
1,500
20
50
—
Radio.
8
1.00
13,300
July
1.15
Jan
1.72
25
7c
3
Gold Mines Ltd
San Antonio
Brothers
Jan
4%
1
„
100
4%
1.02
...
Mines
Mines....
Hasaga Mines
»
*
Bridge Co Ltd
Jan
Sand River Gold Mining———.——1
Standard
Jun
4c
24
—4-—__j4^—.-1
Stedman
Dec
67q
4'Ac
1
Trusts
of Canada
-
;
;4-"
50
—
4—1
47'Ac
-*
•
6%
3.45
1.85 Jan
61c
Jan
,
Oct
55
July
29
10
23%
Jan
52%
52%
85
50% Jan
68
"Jab
85
9
83
83
14c
1,100
10c
Jun
47%C 54'Ac
10,800
35c
Apr
70
6
20
•6%
■
7
Sep
Dec
95c
29
14c
4_
MOO
4
r
31
'
Hamilton
.2.85 Sep
.
Jan
4
.
Jan
58c
20
6,100
.
•
1
Sep
2.14
2.15
Sylvanlte Gold Mines. Ltd—
Halcrow Swayze Mines.—
Halliwell Gold Mines
Nov
2,10
1.28 May
92c
'
Corp common--—
Sherritt-Gordon
3,500
62
Aug
1.10
5,685
4——.1
Royal Bank of Canada—.
100
Russell Industries common—
a—-10
St Anthony Gold Mines———1
Sigma
3c
10
4%c Aug
39c
Jun
5,000
Long Lac ——:
Sep
July
20c
88
Dec
95c
——„4——_4_————4
Silk
Aug
14%
20c
5%
1
Alabastine——
100
2'Ac
6%
4
11% July
9 %e 10%c
20c
—<.—100
&
Jan
13c
-4
Ltd.—
Mines
Feb
3c
—*
common—.-—
Trust
Gold
Jan
8
88
.—......—
West Saddlery
77
10,000
_•*
-I
——
Paper common v t c
vtc
50
215
5'Ac
17 %c
.1
—
Goodyear Tire & Rubber common
Graham
86'A
11%
5c
15c
1
Mining
Nov
18c
.
Gold Eagle Mines...
Golden
7%
4c
5c
1
Goldale Mines ———_—J
Gold
48
11
Mines..1
Mines——,
Gold
Lake
Gold
8
May
17'Ac May
74c
Aug
1.41
1.38
1.33
6%
—1
Mines;—
5'A
Dec
86%
.100
preferred
General Steel Wares.———.
Gillies
7%
2c
5,500
31,000
Oct
103
Jan
Jan
104
——-1.
——
88%
.
—
,
1——*
1
Corporation
Mining Co„_—
51C
1.85
———^
Premier Gold
3c
31c
Jan
1.75
Porto Rico Power
Senator Rouyn, Ltd—
Gatineau
1.31
19,557
_-l
Pickle-Crow
Feb
Dec
57c
45
1.41
3c
Nov
9c
32% Mar
25
22
99%
28c
7
1.23 Nov
22c
600
1.31
Porcupine Mines Ltd———4>;
Malartic Gold Mines—-—1
May
69
15,400
99%
Sep
Apr
15
Dec
99%
Paymaster Cons Mines Ltd————1
Perron Gold Mines
—'
1
64c
111
Apr
2%c
40C
v,
■"
Dec.
20,900
6V4 ;
3%C
69c
12
Nov
78cOct
Feb
A.
Sep
5
1.40 Dec
.
Jan
107
40c
.
Jan
65c
32C
6 %
Refining.—4———*4
_j————*
&
2.00
Apr
61c ,Mar
51,245
'
Partanen
Reno
Falconbridge Nickel Mines..
Oil
Pamour
1.10
.
3% Mar
500
.,
"
2%c
Page-Hersey Tubes
Sep
Oct
74c
2%c
75c
"
2%
21
"
4
Ve July
10% Jun
10
2%
*
—
29% Aug
4%
8%
*
1
Mines
Oct
9%
1034
20 •'
Malartic Mines
7
41%
4%
9%
— .—
_——_—
Crest
Easy
1,255
Jan
23%
Stores
Duquesne
Eastern
Jan
16c
23
Preferred
tast
10c
25%
155
*
—»—*
Dominion Woollens & Worsted com—*
Dominion
24c July
4,500
40 %
Aug
1.16
5,400
•
—,
•
j_1
52 %
i'V.; 944
-4T—-—6 'A
..i—-44—4:
Petroleum
Sep
Jan-
40;..
1.95
86c
—
Pacalta Oils ——————4_*
Apr
1.05
1.20
4
0
common
Sep
49%
v
,
33c
————-—-—5-'
Mines—
Oct
67c
82c
48%
4
1.30
65.C
134
40
—:
"
,
15%
Feb
1,800
.
,
Oct
Nov
62C
3
Gold
1.65
* •/ *'
85c
40%
42
Preferred
3,000
Jan
11%
610
55c
1.60
—
common.---—p.---—*
Oil
14
55c
29
25%
35c
35
•
13%
.
49'A
83c
Mining
Star
>
;
■
——1——-v-Ar*—-—r*
Corp Ltd
——,*.
7 54,465
25
■
—
19c
7%
class B_,
Oct
18
44% Jan
107
13%
National Steel Car—————————*
Negus Mines
Normetal
9,000
14 %c
————ilOO
Dominion Steel
Jun
49%
200
230
1.65
;- --;•'
—1
Nipissing Mines _—A—-—4—.——5;
y.
9%
.
-,——_4_—___—-20
Sep
13%:Jun
Foundries & Steel com——"
Dominion
27
Oct
19%
*47%
"
1.65
Jan
4%
—•
Mines.—_—.———i
Dome
Dominion Bank
46 %c Nov
19
46
,
*
75
Jan
4 V,
42
National
common—
65c
132
42
Cafeterias
Muirheads
914
1.52
334
—*
Distillers Corp—Seagrams common
Nov
46
•
common-—
5
-
1.47
14%
1.00
Corp
Pacific
Petroleum..._—
24c
Jan
28c
-
Davies
9% July
,
Dec
1.03
Light
Nov
1,000
41c
——
—1
Heat & Power—*
—_•
Porcupine
23% July
Feb
Feb
Sep
1.55
I,300
;
—
Jun
Dec
105
6
20'Ac
68c
Jan
18c
17c
■
6
17c
7c
-r-
Corp of Canada
4—__—T>90
Monarch Knitting preferred—
.-100
73
Jan
Jan
85
.
Gas—
Oct
July
22
July
9% July
20
26
Jan
Mar
14%
Jun
10
Jan
650
Jun
6c
58
—
Oil
5'A
9%
17
7c
Mines-—„—————1
Mines
—i
1
Gold Mines——
—:—*
Mills
3%C Aug
%c Jan
'• 860
.■
3.75 Sep
Apr
105
Gold
Mercury
Jan
1.65
17,645
7%
*
5
Graham
McWatters
70c
14,122
7'/a
Mining
Oct
13,010
,
104%
---
1
Mines.:-.—.
Lake
Red
27% Aug
39
•
8'A
•
—100
Segur Exploration——
Mclntyre
15
*
common
Preferred
McDongal!
1
6% \
——p.-————20
Dec
.
4 J/4
u———50
common
Preferred
McColl
.
^
Milling common
Leaf
Jan
Dec
4
—
Nov
814
Oct
1.58
33%
Coal—
Pass
common
Sep
1.59
2%c Mar
14%
—100
Nest
Corp
2.40
500 *
Jan
40%
Dairy
July
5'Ac
Jun
Mining & SmeltingConsumers Gas (Toronto)
—100
Crow's
4.00
4 5%c
95c
1.52
Consolidated
Oct
Jan
2.30
2,910
Jan
10
17%
10
5
Oct
22%
Jan
325
10%
...
3.45
Nov
Apr
1.51 Mar
5
4%
1.55
v
—
—
3.25
1.07
24%
18
160
'.
10'A
14%
of Canada—4
Bakeries
Consolidated
•'
■
22
Jun
19% Feb
67c
16,700
23
•:
190
1.50
...—————
Mines..
Coniaurum
Consolidated
98c
93c
..
.•422%
,
2,000
24
7%
Sep
1,402
6%
Jan
15
Dec
1.27
15
Jan
10
Oct
4%c
lc
7'A
Jan
36c
,
1%C
14%
1.90 T
—*
—0
.....—-1
Co..
25
10,050
15
Manitoba & Eastern Mines
Maple
6,035
15
9%
—
Lake
Coin
2,208
19
9%
19
1.15
6%
—■,—-1
*
.*
—*
—-1
—*
Fields—
Malartic. Gold
Oct
83
Smelting—
*
Mines—....i
Co—
63c
14
Jan
3,000
1.10
•
T%C
Mines;
Sep
1.20
Gold
Willans
Plow
60c
160
20%
60c
2%C
3.35
May
1,60
———
Chesterville Larder Lake Gold Mines—1
Cockshutt
20 V4
13%
2%c
SeD
9lie Feb
60%C Jan
215
13%
Sep
6.10
Jan
3'Ac Jun
9% Jan
3.45
Jan
3%
3.65
109
1,600
1.53
1.03
1
1
Central Patricia Gold Mines.
—I
Chartered Trust
—'———100
Cochenour
2,425
6%c
1,40 Aug
16%
Jan
2.32
1.55
Castle-Trethewey Mines ;
Chromium Mining &
6
Sep
May
10%
1.48
14%
class -B—
Cariboo Gold Quartz
70
5%
5%
44
'
C,.
:.5.95
6c
3.25
Gold
Lake
Red
25
805
42%
9%
—2ft
Rv—
Wallpaper
Canadian
15
15
25
5.95
22
Mines, Ltd—
15
146
15%
145
145
905
3.30
Nov
26
Macassa
—
27%
565
'
8,500
2.25
Sep
142'A Aug
7% Mar
45
25%
36%
13c
1.50
1014
25
27
25
35%
Class B
,
Canadian
Sep
2.25
19
115
Nov
8c
.
22%
*
—_*
91c
—1
93
6%
—
Sep
Jan.
40c
86c
:
Aug
10%
55c
2,000,
,
Nov
9c
Jan
4.75
Madsen
Jan
28
40
10c
13%;; 14%
;■
—;
6c
i
;—
:
10c
13%
f"
29%
l%c May
15,900
84c
82c
3
class A;
89C
3%c Oct
'
■
,
,
1,000
6,210
MacLeod-Cociishutt Gold Mines———1
614
1.35
Jan
1,523
Jun
128
5%
131%
13c
24 c.
:,4c
Jun
66
133
July
150
Jan
2%
Get
lc
4c
—
Groceterias
Feb
4%c
24c
—r.—-—4-1 •"•••" ; vLeitch Gold Mines, Ltd
1
" 1.15'
Little Long Lac Gold Mines Ltd——•
95c
Loblaw
Dec
10c
500
—:
•
Secord Candy———
22%
600
•
Laura
24
5c
8.70 1 8.80
'
1
Ltd
Mines——r
Cadillac Gold Mines
Aug
July
Jan
Mar
2%c
87c
————I "■
Mines,
6
14'%
Jan
59
Shore
17
410
160
Oct
42%
90
Oct
9
44
-A"
Cable
&
Lake
1,300
95,579
3,100
22%
1*
.
Lamaque Gold
84c
3.20
21%'
--1. /.
*
79c
145
r—,
Lake Dufault Mines Ltd.——————!
3.15
common.—
———;
Nov
Nov
79c
Steamship Lines
Bakeries
77c
6
21%
••
.
Townsite
July
39% Apr
■
Dec
145
5c
Kirkland LakeAAv—-■—■1
Kirkland
Nov.
100
Jan
27%
1,060
2%c
Gold' Mines—,
3.15
Canada
Wire
July
:
90
45
.99
304
Nov
July
'
——1
—————
Mines
84 %c
Jan
Mar
Mines
J an
4
29%
Feb
8%
17
^
Co.—1
J.,;——1.
Kerr-Addison
25
Canada
Preferred
Jason
12%
Dec
7
Sep
17% July
Mar
10 'A
Dec
185
Jan
10,
21%
'*' 22
"A"
73%
Jan
11%
July
Sep
32% Mar
31c
Jan'
145
Mining
Mines
Jellicoe
21%
69c
Waite
Nov
8%
21%
*
Packers
;
——■—-~V
Permanent Mortgage Corp..100
Canada
3,100
8'A
Canada Malting Co
Canadian
International Utilities class
1,285
Cement common
Canada
International
Aug
23%
a
*5
Corp Ltd.
Mar
26
Mills 2nd pfd——4
Calgary & Edmonton
12c
11%
.4
•v
145
Petroleum———21%
24c
11%
%*
15'A
99
4
99
29%
—5 or 100
Jan
8c
;
9
^
common——*;
-1—.—
V.
—
100
——
Nickel
8%c Jan
26
ii
Oil
British Columbia Packers..——
British Columbia Power class A—._
British Dominion Oil.
—
__1
Broulan Porcupine Mines. Ltd
Buffalo Ankerite Gold Mines—
—4
Buffalo Canadian Gold Mines.
-•
Building Products Ltd
—_4
Bunker Hill Extension Mines...
Canada
International Metal common A—
164
25
Cordage preferred
Linen
(John)
31,800
19c20%C
a
—
American
Caldwell
160
Seo
.
—
Inglish
63c
...
160
—A—„————6
113% Aug
39c
]
——
28%
1414
8
Ltd—
-
-
Oct
9%
8 tic
—1
——
& Distillers.—.—A
British
Sep
35c
common
Brazilian Traction
1.87
24
9%
.
Brewers
Mines
155 Va 156%
————————
Mines,
Brantford
113
113
Gold
Imperial Bank of Canada———100
Imperial Oil
———•—
*
Imperial Tobacco ordinary
— —5
Jun
Feb
113
49 %c
Apr
22
__1
Gold-—-.-
Bobjo Mines Ltd
Bonetal Gold Mines—
Bralorne
Jan
37C
100
preferred —
of Canada.
Ribbon
Blue
10c
1.61
-—
Bell Telephone
Biltmore Hats
10,500
38c
6c
Nov
3%c
July
36c
*
Beatty Bros class A_
Bidgood Kirkland
Nov
15
„1
Beattie Gold Mines Ltd
2nd
40
Oct
85c
—1
& Radium
Exploration
Bear
Paper "A"—
&
Power
3
Feb
20
High
Low
Gas———--1
Howey
Nov
Mar
12
100
39
13%
2%
.50
——-~
Range Since January 1
High
——1
Hudson Bay Mining & Smelting——*
Huron & Erie Mtge
——100
Oct
21
2%
39
13%
common-..;
Preferred
240
223
.——100
Bank of Toronto
>255
Low
3c
Homestead Oil &
Nov
230
48
Shares
of Prices
Par
Hiah
Low
Sales
,
for Week
Range
Last
Sale Price
Range Since January 1
Hiah
Low
Week's
Friday
STOCKS—
for Week
of Prices
Bale Price
par
MARKETS
LISTED
Sales
Week's
Last
STOCKS—
Monday, December 20, 1943
FINANCIAL CHRONICLE
,
18c
Nov
Feb
74c
Jun
Jan
9
July
Aug
«
class
"A"
25
25
75
26
4
July
4
class "A"
B
12
12'A
250
7'A
Jan
16
July
32%
Nov
37
Feb
10c
Jun
50
4
33
32%
33
40
6c
5'Ac
6c
2,500
5%c
Jan
Volume 453
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4239
■
'
•
-
»
United Steel
——*
Low
\
'
,
Shares
of Prices
Sale Pr|ce
Par
Eange Since January 1
•Low
High
3%
__
Toronto Stock Exchange-Curb Section
for Week
Range
Last
.
STOCKS—
Sales
Week's
Friday
•
2503
jj%
250
4
ypper Cqng4a Mines Ltd——1.08
1.57
1.99
Ventures, Ltd.
5.95
6.10
113,025
JOc 13 Vic
185,200
'
6
Nov
2.03
Pec
Jan
7.25
Sep
Vermilata
Oils
*
,
..J,
—
Waite-Amulet Mines, Ltd
Walker.-Gopderham & Worts
preferred
12c
4.65
4.65
4.75
1,634
Jan
.5.80 Aug
63%
59%
64 V4
2,128
47
Jan
64%
21
21
21%
215
19
Jan
21% Aug
—
59 %
59 %
25
59
25c
6,400
———_|0Q
256
—1
.'
.
Western Canada Flour Mills com
Preferred !—
Westons
Ltd
24c
Wright-Hargreaves Mines
25
74
75
375
40
Jan
91
807
12
Fel?
17
106
17
94
Jan
5%
6%
297
.58
61
608
,
—j
'
'
...
Canadian Marconi
—1
Coast Copper
—.5
Borp
un¬
preferred—.
-lpO
Sand
75
1.75
200
Low
1.05
1.05
Paper
consolidated.
9%
1,75
—
High
9'/4
..
—
Range Since January 1
Low
<*
Vinegars
; 4%
5
6%
10
Jan;
85c
300
5%.
High
Jan
3
74
July
34 %c 34 %c
1,100
May
1.80 Jun
Jan
50
81%
Nov
3 %
1.00 Nov
1.556
81%
5%
*.
Palhousie Oil C.o—i.—
Nov
106
Dominion
Bridge
6% July
,81% Dec
34 %c
29c
Jan
23%
24%
345
22
Dec
1.28
1.28
700
78c
Jan
1.25
1.30
800
.27
27
15
7 %c
23%
„——
7 %C
2,30b
47e Jun
31
July
8!/4 July
3% May
Jan
Oct
63
20
Foothills Oil & Gas—
3.05
3.5
5,360
y2 c
7,500
12
.
4.20
2.50 Jan
12
Mar
8c
1.75 Jun
Aor
Pend
Oreille
Mines
&
Metals
i
—
■
1
■
.c*
1.05
Jan
1.9.0 Jun
%c Dec
Supertest
bonds—
Shajres
!
—
*
fpr Week
July
106
Sales
Range
Jun
15'%
■'
,
Par
.Canada
Consolidated
15
„
Girl Gold Mines
Oct
15
4%
■
—100
Ymir Yankee
Dec
9
3
Winnipeg Electric common——6%'
Preferred
Dec
25c
'
75;
*
.100
59%
Dec
Jan
V"
•
common—
Dec
Jan
y2
19c
;i
_100
—1
Preferred
•'
.
3.40
Week's
Last
Sale Price
STOCKS-
Sep
___*
-
Wellington Fire Insurance
1
Wendigo Gold Mines.
36c
9%c Jan
Y
.1.*
com;
-
4.40
Of Prices
Friday
i
'•
.
Funds
Pec, 11 to Dec. 17 both inclusive, compiled from official sales lists
Apr
Jan
95c
1,485
Canadian
~High
Petroleum
*
ordinary—
'
—
18
Jan
5%c
Jan
27
Nov
:;v
Uchi 6%_—
*
J
V-
■
45
Feb
26
$1,000
32
32
Fe
I
P
Temiskaming Mining Co.—
12c
Sep
OVER-THE-COUNTER MARKETS
j
Quotations for Friday Dec. 17
I
■:
*
Insurance
Investing Companies
Par
Bid
Aeronautical Securities———1
Affiliated Fund Inc.—
.1%
AAmerex
3.21
Axe-Houghton Fund Inc..——I
Bankers Nat Investlng-r
^
A Common
—1
preferred—.
Basic
Industry
Bond
Inv
—5
5
Broad Street Invest Co Inc
Ltd
Fund
Bullock
6.34
88.60
29.19
Loomis
36.95
37.70
15.64
3.65
Manhattan Bond Fund Itfc—
i__.
,10c
7.99
8.79
.lie
4.08
4.49
20.06
14,27
-
Series
mod—.
100
141
,
2,390
146
-1
-1
—
(Colo)
28%;;
lliy2
-•
•-—-—I
17.77
-1
.3.40
2.50
5.25
-6.00
—25c
118
1,30
——1
x19.85
21.32
I
xll.89
12.77
Equitable Invest Corp (Massf.fl
Equity Corp $3 conv pfd—
1
Fidelity Fund Inc
——•
Financial Industrial Fund, Inc.
28.74
3U%
17,26
30.90
31
18.59
5
1.70
5.17
1.87
5.75
.10
9.34
—
———
——
Dividend Shares
Fund
Fund—
Trust
Fund
Fixed Trust Shares A
3.60
20.85
22.85
Invest
Fundamental Trust Shares A—2
B
4.35
31.40
33.76
1
Capital Corp
5.04
5.43
General Investors Trust..
Reserve,
14 %
15%
National Fire
American
Surety—
National
V—
6.31
'
61 Va
42%
6%
7%
Federal
Fire Assn of Phila—
2nd
6.25
Great
7.99
8.79
13%
Republic
Revere
17 %
Amer
Series
Series 1956-..—.—A
Series 1958
Putnam
(Geo)
Standard Accident
Travelers
27%
28%
U S
25%
27%
U S Fire
10
Fire
,
U S
45 %
New York
7.88
6.44 '
4.80
Bank of the Manhattan Co.—10
7.22
Bank of New York
6.18
Bankers Trust
—100
1
2.58
93%
101 %
10
100
Continental
13.94
Corn
6.74
6.13
D^
—1 __u-.
Stand
6.53
ASeries A
3.02
3.34
ASerles B__—
3.88
4.28
3.95
4.36
3.73
4.11
Trusteed Industry Shares—_
4.30
4.74
Union
Trustee
Class
—
1,51
Incorporated Investors
..5
Independence Trust Shares.—*
19.48
20.95
2.44
Securities
Ltd—
Group shares
,
—v
,<
9.29
84c
—
Insurance Group shares—1.09
Investment
of
Co
America—.10
Investors Fund C——-——
York
Public Nat'l Bank & Trust—17%
73%
Title
50
——
National
69%
Bank——.—100 1,455
Trust———,25
Guarantee & Trust
12
United States Trust—
1,495
'
Ask
155
302%
,310%
14%
1.485
37
53%
48
First
Bid
145
48 %
45 %
209
199
35%
37%
90
94
35%
37%
4%
,100 .1,275
5%
1,320
"6.54
.
14.28.
Atlanta
Blackstone Valley Gas
I
5.70
__1
6.40
11,93
12.21
105
San
108
108%
South
70c
.1972
101%
debs—
99%
110
111%
108
Power 3%s__ 1968
Elec
Colo
&
Power
&
Gas—
100
100%
3%s—.1968
100%
101V4
3%S——1973
100 %
101
-1958
102%
103%
Rid
100.19
100.21
b0.44
0.38%
Lt
West
100
107 %
107
107
Carolina
Utah
%
1972
Diego Gas & El 3%S—1970
Southern
101%
106
106%/
Texas
Util
Corp-
4%S,
23.58
5.36
7.44
.
15.53
-
MatnrityMar 15,
17.08
15,
15,
1944—
tSept.
10
.1%
24
2%
25%
15,
tDec.
-
1946—
1946...
15.
1%%
Ask
100.8
100.18
100.20
t%s Feb 1. 1944
100.1
t7/8S Apr 1
b0.63
0.61 %
100.21
t%s May 1,1944—
b0.62
0.60%
J%S Aug. 1, 1944
t%s Sept. 1, 1944——.—
t%s Oct. 1, 1944
——
|%s Dec. 1, 1944—
b0.72
0.70%
%
%%
99.31
100.19
—
..
100.15
100.17
99.23
99.25
1
%
1%%
—
Certificates of
%%
1945—
tDec
1947
100.6
100.7
1%%
15, 1945,.
tMar 15.
15,
100.4
%%
,
1945—
SMar
.
1
1944.
15,
Mar 15,
tSep
%
%%
1944—
Sep
1
1944—
Jun
!
Co—L____1
Figures after decimal point represent one or more 32ds of a point
Int. Rate
Bid
Ask
Maturity—
Int. Rate
6.16
17.67
1.70
_j
Quotations For U. S. Treasury Notes
20.34
6.81
Corp---—
Pipe Line—,
—19.53
^^,—1973
79c
18,61
Banking
Corporations
———*.i.—1973
102%
(New Hampshire)
3%S
Service
102%
Pow & Lt—
York
22.87
Wellington Fund-y.--
1973
3%s series A—
Light 3%S—1973
3%s
25c
—
Boston
104%
&
Indiana Public
Panhandle Eastern
15.70
First
Lt 3s_—1973
Power &
Power
.
& El—
43c
U S El Lt & Pwr Shares A—.
A
101%
2%s
B—J—;
&
100%
Puget Sound
4%s
Delaware
Stock Fund B———
A Blair
104
Iowa
.A—:
Investment
Public Service
102
103%
1963
Light 3s,
Ask
(Indiana)—
3%s series E
102 3 4
101%
2.14
series' A
C
Public Service
102%
.,1973
Gas
3S
25C
Fund
Bid
Ask
Line—
—,—,
83 60
10.19
24.40
1963—
2.24
16.16
1.19
Bid
3%s
Northern
B
Bond
Recent Bond Issues
Atlanta & Charlotte Air
2.33
Union Preferred Stock Fund——
92c
22.45
1
72
32%
51%
Exchange Bank & Trust-20
—1
i
Series
Union
1.38
Group shares
67
30%
45%
New
Trust
9.94
Trusteed Amer Bank Shs—
28c
Inc
10c
Institutional
49 %
com—20
18%
-1
Series
Bank
X9.ll
Oil Shares^—
5.93
2.16
39%
46%
preferred———,—20
Morgan (J P) & Co Inc
100
National City Bank
—12%
Conv
17%
&
89.37
3.90
C—
ASeries
shares...———„
—
100
:
10
Bank
3-57"
.
77.79
ASerles
5.01
...
100
-
Manufactures Trust Co
235
225
Trust
Calif Eiec Power 3%s—1968
6.35
Aviation
3.25
AA-__
-III
5-52
Common
5.04
37%
13%
Irving Trust
—!
10
Kings County Trust—
100 1,435
Lawyers Trust——
——25
34
49%
88%
Trust
50
12.96
Corp—
Amer
4.55
16c
10
2.50
Guaranty Trust
395
47%
98
45
X13.42
St Investment
5.77
Fund
383
.—100
—
Commercial National Bank &
2.22
10c
Trustee Stand Invest Shs—
Holding Corp..—.—.1
64 %
4.89
Par
Fulton
38%
Fund—— —•
5.86
Foundation
Guarantee—
Ask
20%
—,—10
Brooklyn Trust
5.92
5,32
Income
Bid
20%
50
—1
Super Corp of
A Huron
,,133%
61'%
City. Banks & Trust Cos,
Par
10.86
47%
2%
Spencer Trask
————-
95
36%
Income Shares——
State
shares
4
—
Westchester Fire
X87.61
5.01
,
—
99%
10
—5
—
-
Chemical Bank & Trust,
—1
Price Shares——————
Utility
127
.100
Fidelity & Guaranty Co..2
3.00
6.94
6.44
shares.————
26
—.10
2.90
32
Hartford
Chase National Bank—13.55
Fund—, -.1
Merchandise shares.————.
Tobacco
Springfield Fire & Marine-
9%
1.98
.1
7.46
:—
37%
2.64
...
—
7.22
Steel shares—:
52%
35%
»
—
Plymouth Fund Inc.
5.85
Equipment shares
50 %
10
-1
1953—:_.
Mining shares——.....—
RR
—10
16%
American,,———,8
6
-62%
Surety...
Security New Haven
42 '/4
38V8
Series 1955—_—
6.56
———.
24 %
St Paul Fire & Marine
67 %
Central Hanover Bank & Trust 20
6.78
shares.
28 %
22%
... —
Seaboard
44%
30%
share's!
Trust
Machinery shares..
Petroleum
26%
.10
Fire
14%
com.
6.56
—.
North Amer Bond Trust ctfs
...———r-
Railroad
—.10
(Texas)
(Paul)
———63 %
5.61
Railroad equipment
Steel .—i
Sovereign Investors
Low
36%
4>/b
(NY)_._
19%
.
8%
5
Corp
46%
43 %
42 %
'
5,10
Investing
34%
2
Reinsurance
28%
4.35
4.63
shares.—
15%
—.10
Providence-Washington
89
Home
5.85
...
Selected
bond shares
43%
13%
8.21
9.46
Administered
45%
83%
5
93
10.69
6.11
Industrial
_io
64%
Hartford Steamboiler Inspect.~10
7.16
5.55
Fully
111%
85
5
Rutgers Fire Ins.
preferred
106 %
60%
8
4%,
88%
25
10
7.19
9.72
8.61
General
23%
4'%
Indemnity Co
8.88
49-71.
7.46
Electrical
——
15
21%
Preferred Accident
6.53
Chemical shares.——————
—
46%
13%
Phoenix
8.07
7.01
shares
Pacific
45%
12%
Globe & Republic,——,
&
62%
—10
Hanover
.8.83
6.37
Food
31%
44 %
,.—12.50
*
148%
26%
Glens Falls Fire,—
5.67
Fund, Inc_.
Selected Amer Shares
Equipment—
28%
Fire—,
5
General Reinsurance Corp
Gibraltar Fire & Marine
10.70
Pacific
5
Fire
6.90
12.78
Northern
33'%
42
10
Newark
of
River.,,
142%
—10
;
6.56
■
Globe
...
io
5
40.
58%
.10
Fidelity & Deposit of Md„_,20
11.86
Building supply—
Chemical
27 %
10
37%
—10
8%
192
25%
;
31
——
7%
182
2
5
Employees Group
Employers Reinsurance
—5
6
2.50
Continental Casualty
5.95
—__——L..:
2
20
Casualty
11.12
6.23
,
Republic Invest Fund—
Building shares
I
Fire
10.62
5.65
8
5%
Northeastern
Scudder, Stevens & Clark;
5.20
5.43
————
60%
39%
9.73
5.73
shares
Aviation
57%
x37%
\
5.98
shares—
Automobile
10
Connecticut General Life,——10
5.40
49%
24%
21.57
York
New
87%
82%
46 y4
6%
...
Libert^..
Amsterdam
7%
76%
22%
North
of
Firemen's
England Fund.—L —-1
Y
9%
73
4
19%
City
Franklin
Railroad
.
N
—
—
National Union
New
5
41 %
.
(Detroit)..10
Ins
17%
25
100
Fire
4.54
Quarterly Inc Shares—10c
shares.—.—
58%
39 %
.—2%
Bankers & Shippers—
Camden
Empire Trust
Agricultural
25
——10
Automobile
9.88
■
Group Securities-
10
Baltimore American—
7.39
Metals
5.31
4.59
•
—-•
—
General
American
Fire
Fire
Casualty
10
Machinery
4.15
Ino—.—2
Fundamental
Mfrs
Monarch
National
4.09
North
Foundation Trust Shares A—1
&
16
55%
6.72
.
series—
—
Merch
14%
12%
New Brunswick,
New Hampshire Fire
New York Fire
Electrical equipment—.—.
Insurance stock!
—
Howard-
Mutual
First
,-s
12%
11%
52%
.Fireman's Fd of San Fran
Bank ,6tock_^._.«__
-
20
2%
3.09
Aviation
Massachusetts Bonding
Merchant Fire Assur
11%
18%
5
—
!
Casualty..
Rerlnsurance——10
; 7.42
Automobile
;
10%
Fidelity & Casualty_5
2.73
Agriculture
,19.21
6%
Maryland
American of Newark,
Corp..L.. —1
New York Stocks Inc
•
,—
8 V2
i
Knickerbocker
22%
American
6.86
New
30%
—
4.62
38 %
5
74
23%
3.50
Low priced bond series.—.
Preferred stock series.—
—
20
37%
70%
American
1.32
.
Jersey Insurance of N V
35%
Equitable
1.20
series——
16
84%
20%
American
Ask
14
81%
25
10
Bid
Fire—
10
Insur Co of North America.,,10
22 %
j
series B shares.—.
Income
28
Par
Homestead
56 %
,—10
—
Alliance-,
American Casualty
Bond
—
54
9.88
Inc.'... .10
voting shares..
Companies
Ask
145%
——,_5
National Security Series-
;
_10
Life
Agricultural
American
Low priced stock common.
;
1.18
Aetna
Bid
137 %
—10
10.17
J
Securities—
Aetna Casual & Surety
Aetna —————
Boston
2d Fund.'... -.1
Fund
National Investors
?
—.100
Trust
Par
.250
(Md)
2,62
shares———10
B
Invest
Natlon-Wide
4.83
26
100
Insurance—
Mutual
Diversified Trustee Shares—.
Stock
,
Mass Investors
37
2.19
2.62
common...10
preferred—
Balanced
—
Mass Investors
preferred.
& Forster
Eaton &
Sayles Sec Fundi— -10
Common
10.24
mod
Forster
.-Delaware- Fund—.;.
D
6-4——.
9.46
Cumulative Trust Shares
C
—
29.87
35
2.32
2.19
Al%
.1...
5.79
x4.44
A Common
9.83
4.29
86.83
a-1
A8%
8.93
3.87
Fund—L-.
Trust—1
1
./•Series, AA
—_———-1
Accumulative series—
1
Crum
L_.
Mut Fundi—.
27.00
Corporate Trust Shares
AA
S-3
Loomls Sayles
X3.05
Consol Investment
&
Series
27.78
-
Series- ACC
12.92
Maryland Fund Inc...—J...
Commonwealth Invest—
Series
25.28!
11.74
———1
Preferred
ACrum
23.02
S-2.
Knickerbocker
Securities com™100 2,290
Christiana
17.43
„_L_.
Series
•
Fund
Chemical
9.57
17.13
15.82
J—
17.57
1
Century Shares Trust
8.73
15.64
.J—.
K-2——_
...J—.
S-l———J__;
Series
_i
Ltd.,
Fund
Inv
Canadian
19.32
16.34
America—
Inc—:
3%
28.19
,4%./.
5
3.64
—
98.89 —03.01
.10"
Shares—
of
Tr
Fund
Boston
5
;
B-4!
K-l
^Series
14.03
3%
25.69
...
28.54
17.62
B-2—
Series
13.09
27.22
—J—
B-3
.Series
6%
■
—
A6%>
Series
,14.07
6%
Funds-
B-1-—
.' Series
3.52
12.97
Shares———.2
Oil
Series
23%
22%
Foreign Investing.lOc
Stand
Assoc
3.49
x3.19
Holding Corp.——10
Keystone Custodian
Ask
Rid
Par
6.92
6.37
American Business Shares.——1
American
Ask
100
100.2
100.26
100.28
Indebtedness—
1944
—
„
—,x,
b0.75
0.73%
b0.76
0.74%
bO.79
0.77%
,1
Obligations Of
Bid
Federal
0.85s
Home
June
Loan
15,
Bank—
100-8
4s
.,1964-1944
3%s
b0.90
0 75 r,'c
1%%
—
1955-1945
101%
102%
notes —-Feb
103%
103^
J03ji
U S Conversion 3s
1,
1956-1946
105 ,V
105%
u S Conversion 3s—
Ss
Mav
1.
1956-1946
106
106Panama Canal
—
23,
6,
1943
1944
13,
Bid
Feb.
3,
100.2
100.5
A«k
1944—
bO.37
0.32Tt>
0.33%
1944
bO.37
bO.37
0.30%
Feb.
17,
1944,^—
bO.37
0.33%
b0.37
0.32%
Feb.
24,
1944——
b0.37
0.34%
bO.37
0.32%
Mar.
2,
1944
b0.375
0.35 CI
1944—
b0.375
0.35%
1944—
b0.375
0.35%
b0.37
1943
30,
Jan.
at
-
1944
0.28%
Feb
10,
Jan.
.
1, 1944
Other Issuet
Jan.
100.4
Bills
purchase
Ask
Treasury billsDec.
100.2
are
20, 1944—
b0.37
0.32%
Mar.
9,
Jan.
27,
1944.
bO.37
0.32%
Mar.
16,
102
102
—
1955-1945
15. 1944
U S Housing Authority—
3s
3s
Ask
'
1944————
1946-1944—
Bid
Finance Corp—
—Apr
tor discount
quoted
Bid
Jan.
100.6
Federal Land Bank Bonds—
4s
*
Rates
Dec.
Reconstruction
—Feb 15, 1945
Agencies
'
Ask
Commodity Credit Corp—
tiya^^
United States Treasury
Governmental
3s_^
Ex-liquidating dividend of $31.50 a share
payable Nov. 30, 1943, to Adams Oil & Gas Co. stockholders of record Nov. 23,'
dDeferred
delivery,
r Canadian market,
s Cash sale—not included in range for year,
x Ex-dividend,
y Exrights.
tin default.
IThese bonds are subject to all Federal taxes.
AQuotations not furnished
by sponsor or issuer.
*No
__1946
105%
105%
_194?
107
107%
1961
130
131%
par
value,
a
Odd
lot
sales,
b Yield
price,
c
I
ttfifiWVW
■■
,
HHMHnnHHni
THE COMMERCIAL & FINANCIAL CHRONICLE
2504
We cannot furnish them today,
week will show an increase com¬
Bank clearings this
ends
Prelirpinary figures compiled by
us, based upon telegraphic advices from the chief cities
of the country, indicate thai for the week ended Satur¬
day, Dec. 18, clearings from all cities of the United
States from which it is possible to obtain weekly clear¬
pared with a year ago.
and
At this center there
is an
the
new York District (including this city) the totals are
larger by 21.7% and in the Philadelphia Reserve District
by 24.7% but in the Boston Reserve District the totals
are smaller by 4.9%.
,In the Cleveland Reserve District
totals register a decrease of 3.4% but in the Richmond
not avails
Dec.
11.
that
For
there
week
was
Reserve
District
totals
record
Reserve District is able to show
week in 1942.
Outside of this city
there was a increase of 8.8%, the bank clearings at this
center having recorded an increase of 22.3%,
We group
apolis Reserve District of 15.2%.
In the Kansas City
Reserve District the gain is 19.4%, in the Dallas Reserve
District is 12.0%
the cities according to the Federal Reserve Districts
trict is 5.9%.
639,087 in the
summary' for the
In the
CLEARINGS- -RETURNS
Mew YorK
Chicago
St.
the
same
in
improvement of 4.3%,
an
Louis Reserve District of 6.2%
Philadelphia
.Boston
Kansas
City
6t. Louis
and in the San Francisco Reserve Dis¬
•,
V:
r
.
174,700,000
3d
188,675,814
138,639,390
131,394,534
$7,336,693,877
$5,990,552,698
1,499,048,740
days—
$8,802,010,197
day.——
1,766,402,039
Total all cities for week
$10,568,412,236
12th San
Canada
Description
■
—
Month of Nov.-
■
Foreign govern't
V';1 bopds ------tr. S'. government
8187,631,000 $169,300,600 $3,030,832,075 $2,104,399,950
bonds--
Exchange for
Stock
the
12,993,665
7,925.761
8,587,828
10,124,024
—
32,406,179
April '
33,553,559
New
134,869,947
120, 402,684
+ 12.0
98,549,515
481,025,855
454, 359,480
+
5.9
355,031,069
79,444,183
292,146,693
9,069,886,060
7,857,639,087
7,378,566,143
6,631,710,645
4,352,889,567
4,001,499,004
3,558,691,193
3,025,221,916
653,836,206
504,228,952
414,422,114
358,Q85,864
of
ment
clearings for
7,589,297
7,229,097
11,185,760
9,667.050
23,415,845
7,466,443
10,461.813
was
an
body of clearing houses of 15.0%,
of clearings having been $40,947,524,-
+ 29.7
14.3%,
,
in the
——_14 cities
York
.———14
Philadelphia
Cleveland
Atlanta
St.
—17
"
—j——
Chicago
"
-
months
improveInc. or
November, 1942
'
$
-
in the Dallas Reserve District of 17.4%
$
Dec. %•'
•'
V
92,020,949
_
22,284,837
31,314,623
quarter
63,720,802
7,304,820
8,373,550
17,872,807
14,251,976
7,387,341
10,874,650
7,614,850
14,985,690
9,449,934
13,546,161
11,940,210
—. ,
55,561,998
+14.3
1,984,585,533
+ 15.8
—
904,400,960
•
1,376,739,047
+ 23.0
3,449,819,592
+
13.2
1,269,711,771
1,088,913,267
+ 16.6
973,831,595
"
949,577,610
760,174,599
+ 24.9
653,239,090
"
1,571,899,561
1,286,565,692
*•
1,059,894,541
902,588,753
—19
"
2,181,251,209
1,917,809,304
13,922,678
—
the
18,246,011
13,151,616
15,047,142
13,437,025
clearings
last four
years
1943
N.
.
•
+13.7
.
:
■
——
40,947,524,405
32 cities
—
33,809,470,472
+ 21.1
18,685,036,471
+ 15.0
3,078,553,605
—
2,432,275,503
+ 26.6
Federal Reserve Districts
York-
'
$
19,460 15,124
1st
Boston
2d
New
11 Months
$
1943
$
1942
S
Atlanta
Minneapolis
11th Dallas
+ 14.1
20,817,002,659
11,089, 396,098
14,053, 665,483
+
22.0
9,530,146,896
11,686,329,628
31.6
12,897,960, 756
,-_16
"
—31
"
17,147,687 ,284
48,762,521 913
7
"
13,097,311
16
"
——
——^
Louis
;
——
City
+
37,052, 992,956
+
11,139, 432,253
7,595, 433,894
$
$
173,433
165,132
16,446,104, 280
12,906, 048,828
10,882,244, 855
8,978, 866,841
—19
"
23,235,032, 775
19,378, 643,053
190
Cities
6,526,143,819
+ 27.4
10,421,105,434
21.2
7,529,892,485
6,087,082,913
+19.9
"
"
1,449
21,404
15,143
1,120
16,234
19,228
14,812
18,243
1,295
13,096
10,780
2,292
29,471
26,216
Francisco
—.
2,223
1,889
535
422
7,808
6,509
24,033
5,491
19,324
609
907
773
629
11,388
10,014
8,271
6,350
1,165
1,007
'
Total
Outside
——
Y.
N.
15,887,816,365
12,709,657,305
24.3
+
Canada
—
462,099,687,119
371,876,421.703
+
198,443,006,431
+19.8
335,549,285,635
170,417,012,323
280,847,137,146
136,165,448,978
27,247,452,818
22,475,316,538
+ 21.2
19,611,999,591
16,823,449,501
—32 Cities
...
4,354
835
672
11,998
10,150
8,508
521
456
381
6,852
5,707
4,888
3,787
432
389
362
283
4,914
4,394
3,705
2,940
Kan.
841
683
527
429
8,906
7,142
5,666'
The following compilation covers the clearings by
7,054
611
4,537
City._
768
676
519
9,760
8,406
6,961
5,156
480
407
325
6,366
4,852
4,151
February
March—
371
"318
244
200
3,920
3,112
2,537
1,392
1,241
771
628
11,938
8,148
5,645
284
249
239
175
20,850
3,155
2,694
2,424
254
171
139
3,358
2,367
1,764
66'
61
54
785
761
688
543
Providence-
<
Total
—
1st
Milwaukee-
139
124
106
95
1,584
1,396
1,139
1,038
264
218
196
162
2,784
2,422
2,097
1,665
June
215
178
159
126
2,167
1,831
1,558
153
2,522
1,324
1,480
__
Paul-
269
217
Indianap.—
127
V 117
109
97
1,409
1,303
1,164
354
301"
248
212
3,499
2,994
2.517
216
221
191
157
2,017
1,834
1,651
2,024
1,109
352
330
259
185
4,203
3,508
2,622
1,917
126
'•114
97
78
1,293
1,102
917
759
672
642
—-
Memphis
•
_•
_
—
gait L. City
Total
59
—
all
Total
We
1,789
52
56
54
716
28,094
25,051
413,807
3,547
2,873
48,292
31,641
27,924 462,099
13,511 237,645
198,443
3,742
40,947 33,809
18,685
21,487
now
add
our
1943
November-
First Federal Reserve District—Boston.—
Me.—Bangor
Portland
-
$
2,949,354
14,343,255
2,270,196
1,416,186,399
4,158,115
2,309,479
2,546,245
Ma«s.—Boston
26,834,146
1,420,973,102
—
1,664,318
Fall River
4,922,190
Hqlyokfi
Lowell
New
.
Bedford
5,656,000
Worcester
New
59,778,555
Waterbury
•——
B.
L—Providence
N.
H.—Manchester
(14
10,381,341
52,581,273
22,674,626
6,663,300
64,556,100
2,676,013
6,761,500
66,040,400
2,798,802
1,643,914,852
1,636,461,302
12,240,656
Haven
Total
16,640,390
25,474,214
Conn.—Hartford
:
4,640,895
18,865,672
Springfield
—
Cities)
5.7
—46.5
+
.
171,756,555
+
+
+
16.5
27.6
19.1
+ 18.0
63,622,652,906
52,363,056,94?
25.5
123.369.499,251
103,649,404,020
+
36.0
18,489 ,610,174
17,861 ,847,103
43.7
:
17.1
26,569,457,723
20,535,555,873
23,315.790,909
+
+
+
15.0
,
19,005 ,007,017
+
22.7
+
27.2
.+
34,830, 918,410
33,325 966,002
35,605, 705,995
+
27.1
103,762,590,407
70,420,804,505
55.756,464,294
299.957,789,196
+
26.0
193,790,303,756"
"159,005,868,314
38,109 ,162,035
+
13^6
33,809 ,470,472
21.1
22,367,799,239
21.487.396.036
20,752 ,101,646
18,685 036,471
462,099,687,119
36,188,937
+15.7
+ 24.2
51,286,347,077
43,279 ,265,139
40,947 ,524,405
$
•
17,073,968,654
17,244,046,597
18,045,041,692.
131,641,518,207
1943
+14.1
..
+ 31.5
98,927.439,091
195,195,198,789
371,876,421,703
24.3
237,645,499,031
198,443,006,431
_+26.9
+
+
;
month of .November and the week ended Dec. 11
1942
Inc,
t
+21.9:
+ 19.8
for four years.
-Week Ended Dec. 11
Jan. 1 to Nov. 30-
,
.
377,872,897,575
each city for the
Dec. %
2,789,618
20,541,914,434
21,290,406,497
45,241, 493,053
:
Inc. or
$
33.2
+ 22.6
39,021, 590,325
———
Total 11 months.
—
+
34,509,696,885
47,378, 434,829
Total 9 months——
+1942
21,790,331,975
39.2
32,601,399,614-
130,0.49,641,464
October—
:—Month of November-
59,746,846,345
+19.5
+
246,231,379.368
quarter-—
months
Total 3rd quarter—:
217
detailed statement showing the figures for
Clearings at—
6
—
170,417 136,165
.
42,317,028,545
July
August—-—-———..
September—:
-
371,876^335,549 280,847
16,442
Total
330,792 299,402 251,402
41,084
3 5,9 4 7
29,445.
4,627
cities-
Out.-N.Y.C.
1,989
36.320 29,867
Hartford
Oth.
185
97,267,759,698
18,004,715,165
15,408,332,631
17,873,299,281
22.199.943.035
43,435,802,092
———
Total 2nd
961
Richmond
28.9
+
31,816,342,592
44,296,811,827
——
May
Buffalo
28.515,301,937
116,181,737,904
quarter—-
April—
'+ 21.0
33,410,972,447
9.0
Dec. %
$
$
19,716,896,037
17,330,007,273
+
Inc. or
1942
1943
Dec.'ft
$
34,941,485,314
43.062,841,188
——
'■
———-—Clearings Outside New YorkInc. or
38,119,462,247
34,999,433,469
———,.
1,465
64
January
1,740
306
_
Omaha
CLEARINGS
All
Total
1942
$
3,460
1,948
N;" Orleans
1943'
Month—
874
'
months since Jan. 1, 1943 and 1942.
MONTHLY
-Clearings,
630
_
—
Seattle
8,733,252,792
237,645,499,031
———.
City———
15,993,003,735
7,502,621,536
8,857,108,265
25,107,266,076
7,288,300,201
5,491,002,392
25.7
+
144,682
1,714
1,416
12th San
20,362,948,986
„
31,475,006,536
9,661,872,363
+ 17.6
903
—11
-
12.1,
9,547,122, 599
—————1—- —18
—
—
—
—
150,009,347,587
+
30,733,086 ,268
28,310,156 ,741
Chicago
St.
171,409,271,537
25,238,025,941
+16.3
"
.
15,366,671,972
+ 28.9
27,408, 548,735
24,804 ,064,821
".
"
$
■
12,705,545,358
17,321, 267,564
9
'
8.8
180,143, 061,177
—18
——
—
7th
1940
1,671
-
Detroit
1940
1941
232,199,301 467
"
.—17
—
—
10th Kansas
1941
$
15,199 14,413 224,454
11 Months
11 Months
Dec, %
18,841,156, 278
————
Richmond
Oth
757
Fran.-
1,715,867,610
2,008,796,823.
Inc. or
1942
—————
Cleveland
6th
-—r—*—Jan. 1-Nov.
1940
—14 cities
—14
Philadelphia
4th
IN NOVEMBER
—
—
York
5th
is shown in the subjoined
1,046
-
13,511,030,639
-
Federal Reserve Districts in the eleven months for four,
1943
——
3d
2,621
——
27,924,067,423
31,641,758,221
;
leading cities of the i
at
1,925
1,420
__
Louis--
Denver
613,276,564
•'
14,489,085
20,887,311
Cincinnati-
St.
832,865,773
1,222,859,938
.■;V,
8th
1941
1942
$
i
Boston
Louisville
523,942,009
996,353,187
771,915,111
16,442,489,802 +T>V;
,
'
Cleveland
2,495,749,739
762,764,507
:
1,602,152,396
+ 22.2
+17.4'
21,487,396,036
Cities
.190
—
Y.'City
We append another table showing the clearings by
,f
-—Month of November—
(000,000
Minn.'
1,171,541,679
106(014,420 153,826,695
15.932,595
BANK CLEARINGS IN LEADING CITIES
Baltimore
1,583,805,795
769,724,424
909,934,347
: +
2,967,651,786
",'v
11
—-
years.
26,859,880
42,293,618
77,002,916
ststcrnciit *
San'
1,983,122,953
2,328,297,942'•
+14.3
1,032,616,765
11 Months
25,210,825
227,046,416
of bank
course
Pfttsb'gh
14,917,580,932
126.966,815
26.324,332
.
months
Total
Outside
country for the.month of November and since Jan. 1 in
St,
g
15,780,913,432
28.31
1,308.440,442
1,694,005,538
81,235,027
51,792,091
.
.
_
October
Phila.
r
-3
1,506,875,510
3,906,023,033
———
Francisco
Canada
-
—
1November
New
v
0.5
2,242,688,427
2,388,053,907
2,563,094,103
1,196,081,057
November, 1940
November,-1941
:.
v
+
+
1,636,461,302
15,727,039,817
"
—
i
a
and in the San Francisco Reserve District of 13.7%,
"
—16
23.0%.
register
totals
.18
1_.
—
of
'■
12th San
38,964,712
171,484,418
„
—
July
Chicago
the
16
—
———
■—
District
31
————„
Loui3 -————_4—7
11th Dallas
Reserve
15.574.625
—
August
omitted
of
Reserve District
Richmond
Atlanta
Reserve. District
of 22.2%,
sion
20,182,797,142
2,729,273,988
"
9
Minneapolis
10t.h' Kansas
City
an
1,643,914,852
"
——-—-—18
*:
the
Minneapolis Reserve "District of24.9%. In the
City Reserve District the totals show an expan¬
Kansas
November, 1943
-
in
and in the
$33,809,470,472.
Richmond
26,695,690
35,051,545
;
quarter--
of
"
"
45,731,788
September
each
6
For that month there
1942 aggregate
9th
16.270,368
29,507,254
June
The
154,287,364
'£l
—;
8th
13,470.755
May
•
123,609,107
190,352,80)
111 cities
Boston
7th
79.463,469
quarter
■
151,988,523
+ 19.4
Chicago
6th
15,990,665
13,312,960
8,969.195
„36.997,243
March
Nine
+ 15.2
In the
5th
No. Shares
No. Shares
No. Snares
18,032,142
24,434,084
January
February
3rd
186,511,193
188, 817,231
241, 787,275
270,558,055
32 cities
4th
1940
1941-
1942
No. Shares
Six
231,767,488
217,503,507
288,750,549
gain of 13.2%, in the St. Louis Reserve District of 16.6%
3d
properties on the
eleven months of
1940 to 1943 is indicated in the following:
1943
y ' \2nd
6.2
M
"
and
2d
The volume of transactions in share
•
.+
7
——
1st
6,335,050
3,222,375
228,600
419,600
1st
254, 867,309
4
—
•
bonds
of
445,669,591
10
Federal Reserve Districts
,112,835,000
111,177,600
V 11,803,000
10,725,500
■
V
530,056,373
Cleveland Reserve District the totals record
;
Month
214,583,356
4.3
larger
by 28.3%, in the Boston Reserve District by 0.5% and
in the Philadelphia Reserve. District by 14.3%.
In the
$176,485,200 $152,269,000 $2,916,432,100 $1,985,223,900
York
264,883,346
+
In the New York Reserve District the totals are
106,372,533
259,215,105
13,437,025
Bonds
bonds
the years
+ 26.3
542, 510,706
City
405 and the
Railroad & misc.
New
311, 651,981
565,996,961
15.8%
1942
1943
.1942
1943
18,246,011
——•
Total
393,588,446
■■■'."+
increase for the entire
-Eleven Months
'
-\
187,617,253
"
"
"
•+
—
.
the 1943 aggregate
Stock, number of
■
510,498,070
389,762,777
216,011,781
10
—
__
-
the month of November.
1942 follow:
•'
461,689,583
4,9
248, 702,911
We aiso furnish today a summary of the
detailed statement of transactions
the New York Stock Exchange is appended. The re¬
sults for November and the 11 months of 1943 and
'
564,110,672
3.4
542, 086,810
562, 420,350
260,802,919
covered by
will appear in our issue of next week.
Our usual monthly
24.7
676,203,310
___10
—
Y.
3,730,092,883
543,368,968
——_
N.
3,955,728,437
_^17
——1-
Outside
S '
+21.7
■
"
Francisco
Total
+ 17.0
,on
-^.shares
Louis
11th Dallas
Complete and exact details for the week
the foregoing
St.
Minneapolis—
4,000, ,136,834
317,489,175
"
_
———*
8th
4,866,279,613
.353,396,556
"
_
Atlanta
10th Kansas City
$9,033,461,721
one
1940
4.9
—
7
___
L
Chicago
389, 895,598
6
10
— —
—
9th
$7,489,601,438
1,543,860,283
five
cities,
cities,
Philadelphia
6th
Tot. all cities, five days
All
"
1941
Dec. %
370,937.930
"
12
Cleveland
Richmond
7th
1,465,316,325
Other
"f
New York ——L
12 cities
-
4th
219^447,860
cities, five days—
Ten
2d
$
$
Boston
5th
204,022,630
—:
Baltimore
Inc. or
.
'
220,405,180
—
1942
1943
Reserve Districts
1st
229,600,000
-
——
—_
CLEARINGS
OF BANK
1
155,900,000
263,865,000
■
—
'■
/■,
I
by Federal Reserve Districts:
summary
a
Week Ended Dec. 11
Federal
158.000,000
167,327,167
—
—-—
Pittsburgh
Cleveland
,
520,000,000
324 267,440
309,256.845
.Francisco
Ban
563,000.000
;
furnish
SUMMARY
389,317.049
—
we
1942
$3,672,992,081
444,373,407
—.
following
and the Minne¬
TELEGRAPH
BY
1943
$4,852,061,577
__——.——
The Chicago
15.4%, the aggregate of clearings for the whole coun¬
try having amounted to $9,069,886,060, against $7,857,-
week follows:
Week Ended Dec. 18—
and
4.9%
increase of
an
the Atlanta Reserve District of 26.3%.
in
increase
an
of
the same week in 1942.
increase for the week ended
Our comparative
32.1%.
of
which they are located and from this it appears that in
the week
as
are
complete results for the week previous—the week
ended
412,236, against $9,033,461,721 for
Friday
much
as
Accordingly, in the above
the last day of the week in all cases has to be estimated.
In the elaborate detailed statement, however, which
we present further below we are able to give the final
stands at $10,568,-
Opr preliminary total
in
Saturday and the Saturday figures
able at time of going to press.
corresponding
17.0% above those for the
ings will be
week last year.
CLEARINGS
BANK
OF
COURSE
THE
Monday,' December 20, 1943
CV.fi
or
Dec. c/o
34,823,207 1
209,839,550 "
Inc. or
1942
1943
Dec. l/o
$
$
801,293
—18.1
3.9
4.9
+
763,823
+
—25.0
3,874,643
5,165,149
+
9.6
319,174,563
337,510,225
+
4.2
878,510
955,374
23,231,855
+
+
2.6
45,200,037
+ 23.7
1,240,298
1,071,229
+
188,258,722
+ 13.9
4,612,704
4,917,963
—
3,105,571'
—
$
1940
"
.
$
633,186
828,502
2,739,144
272,450,076
3,462,023,
0.9
21,499,812
"
1941'.
+ 0.3
+18.4
— 1.7
+53.0
+21.9
+13.4
+17.9
+13.7
+12,3
16,234,532,016
46,844,057
23,451,209
22,064,892
55,907,979
214,404,038130,062,522
716,429,624
289,535,592
14,812,835,181
4.1
2,929,511
672,166,416
6.6
15,640,459
275,324,597
5.2
5,756,931
1.5
77,647,700
5.4
306,701,133
■r-
8.0
1,260,446
—
4.0
561,574
—
8.3
—
2.2
4.4
84,129,200.
785,076,000
30,773,657
+
0 5
18,841.156,278
—
—
44,961,905
124,965,079
.
+
431,365
*
449,462
13,429,733
''
6,608,200
'
+
1,060,885
■
373,222
15.8
1,052,877
905,621
6.2
3.98T.701
3,926,559
5:7
2,869,516
16.5
16.661,146
2,618,401'
13,812,031
-^-12.9
5,773,369
4,840,950
1.3
14,137,300
13,510,500
+
761,068,900
+
3.2
14,953,500
29,444,603
+
4.5
644,153
1,163,269
—44.6
1,100,969
618,600
17,321,267,564
+
8.8
370,937,930
389,895,598
4.9
358,396,556
317,489,175
14,755,600
.Volume 158
THE COMMERCIAL & FINANCIAL
Number 4239
•,*^u
vW
Clearingsat—
$
,
,
Second Federal
2,422,815,654
4,471,677
'•+
2.8
50,481,223
+
25.6
52,698,384
51,379,001
+ 28.7
224,454,188,088
373,433,415,272
+ 29.4
16.6
524,591,499
474.593,357
3,742,309
J.
+
+
1.0
+.'
7.2
.
.
'
"
4.4
1,112,805
$
+
12.9
974,900
4,716,996,493
'280,163,010
295,013,853
58,131,062
328,242,822
+
:
'•+
7.7
1,810.656
19,834,900
21,551,645
8.0
383,962
+
4.2
1,218,123,406
1,090,392,294
+
11.7
24,012,370
141,563,680
+
21.5
1,678,660,795
1,473,056.275
+14.0
34,544,963
+
" ■+ '
289,018.276
•
'+•
26.9
43,213,887
15,727,039,817
+ 28.3
232,199,301,467
2,216,818
1,901,646
+ 16.6
24,633,964
+
6.2
47,468,529
47,976,337
+ 110.2
32,827,268
24.863,201
37,873,180
997,113
3,606,488,729
3.7
+
5~292~292
10,373,663
5,103,801
4,583^422
—
6.3
383,425
624,024
22,960,295
+
4.6
25,322,364
22,396,963
33,540,237
+
3.0
31,379,710
28,512,966
3,955,728,437
3,730,092,883
1
'
+ 14.1
180,148,061,177
7,075,852
644,387
1,074,450
1.8
—
■
1,197,115
38,900,000
.
3,819,874,956
10,435,429
5,908,184
%
9.4
—
5,878,810
1,
7.334,981''
+ 13.6
—
22,621,996
3,748,925
3,273,306
'
J„
V
19.9
+
+ 22.3
,
409,684
105,395,732
•
•'
■
■
897,913
813,131
5,771,407
1
10,270,700
1,499,49a
48,200.000
7-r—19.3
3,856,140,083
11,484,824
10,408,658
5.3
=53,976,157
'
5-460,224
7.6
+
,
1,379,485
6.9
x
3,982,346
Reserve
1940
$
7.1
+
53,900,000
15.0
4,153,*34
Federal
1941
—13.2
1,378,685
•
+
20,182,797,142
'
+
45,500,790
5,175;748
58,000,000
,
+
172,028,207
——
cities)
5,542,862
1,196,152
+14.9
25,276,479
109,849,531
Oranges
(14
+.,
24,189,542
4,846,887
1,934,731
—'
or
Dec. %
29,074,960
'
•
Inc.
$
5,197,102
^
;
4
Newark—
—
"15,124,434,001
41,856,457
——
""*
+ 10.5
4,701,788
24,433,728
—
'
5.7 '
73,521,862
2,784,282,750
_u—48,787,610
Conn.—Stamford
1942
3
+ 52.2
3.6
19,460,128,369
—1
Total
405,664,157
' 69,559,887
617,419,158
121.3
21.1
.
—
N.
+
6,315,210
•
-
—
—
Utica
Third
21,263,881
+
Syracuse
Northern
%
4,597,391
York
J.—Montclair
Dec.
218,600,000
_
Rochester
N.
$
%
1943
or
264,767,402
.
-
Jamestown
New
Inc.
,
47,055,647*
1
Dec.
-Week Ended Dec. 11-
1942
1943
Inc. or
•* $
>
it
—6,087,242
■
-
Buffalo
Elmira
York—
District—New
Reserve
W;Y.~Albany..w~Binehamton
1942
1943
.
2505
-Jan. 1 to Nov. 30-
-—+—+—Month of November--—
*"
■
CHRONICLE
r
-'1,
+ 28.9
—
—
.
.
4,866,279,613
4,000,136,834
+
— w
21.7
District—Philadelphia—
"
Pa.^-Altqona
Bethlehem
•
—
Chester
Harrisburg
:
4,272,576
v,
2,033,080
1
548,361
32.0
+
+
9.7
132,419,683
126,351,097
+
■■
Lebanon
13.1
78,786,646
78,780,918
+
0.1
25,344,413
+
1,971,869
7,330,212
2,299,922
——
Reading
-
+ 24.4
28,321,268
25,624,063
+
26,216,000,000
+
12.4
5,332,947
+
12.9
68,864,999
64,340,314
9,692.348
+
13.6
128,011,729
115,908,117
20.0
69,651,929
58.862,467
90,304,886
86,278,390
+
4.7
16,432,010
14,204,869
+
8,265.051
7,851,994
5,100,097
+
7,926,133
—
1,415,411
1,144,041
668,419
,
—_
728,833
Bois
Hazleton
2,963,824
+ 23.7
.
2,814,986
'
33,909,757
5.3*
+
.
18,430,977
20,478,611
18,171,700
>
8.3
—
'
1
J,—Trenton—_
Federal
Fourth
Ohio—Canton
—..V'-''
Cincinnati
'
t
Cleveland
——
—
Lorain
Mansfield
:
Toledo
,
32,054,389
5,861,300
4,471,800
+ 31.1
6,178,600
5,916,800
676,203,310
542,086,810
+ 24.7
564,110,672
510,498;070
5.8
+
253,037,770
^'"5.2
+13.4
' 30,733,086,268
27,408,548,735
Fifth
Greenville
Frederick
—
'
132,957,465
2.6
15,939,400
2,048,861
1,927,687
+
6.3
2,081,796
1,939,462
3,756,037
3,356,785
+
11.9
3,870,126
3,262,686
231,767,634
240,746,234
3.7
197,139,322
160,270,332
543,368,968
562,420,350
3.4
461,689,583
389,762,777
356,043,326
+
32.6
421,154,173-
+
22.6
16,562,115
3.3
8,378,298
10,170,963
15.3
10,014,487,411
—
14,731,761
12.530.138
6,668.898
7,220,567
+15.9
172,134,805
144,286,487
10.9
.+ 35.5
83,943,8?9
103,842,277
84,475,848
+
14.3
28,318,156,741
24,804,064,821
+
38.3
+
+
2,242,688,427
116,410,472
80,768,660
14.1
+
3,869,063
8,877,871
12,732,822
"9,500,000
2^3,688,000
2,994,351,817
103.511.024
—
+
16.6
7,417,000
+
2.4
4,854,000
4,268,000
69,948,754
+
8.7
58,083,524
49,381,093
6.8
2,521,008
2,379,575
+
5.9
1,981,923
1,890,669
.135,352,349
129,283,247
+
•.+
21.7
166,180,932
148.022,502
101,588,826
89", 198,425
+ 17,4
6,852,042,527
716,009
+ 13.9
+
521,001.641
830,633
+12.3
+14.2
8.318,402
1,219,815
2.8-:
+
96,881,753
.
1,046,053
7,239,000
76,020,051
+ 26.5
285,803,000
3,499,817,918
5.7
*
+ 16.9
43,328,720
54,821,946
4.2
17.5
—
5,707,640,320
.
+ 20.1
.
4.3
23,193.675
24,469,661
+
11.1
1,803,115,908
1,699,699,900
+
6.1
38,4507696
l,032,6i6,7G5
+
lo.8
12,897,930,756
11,089,396,098
+
16.3
260,802,913
—
4.7
111,942,065
—"05
38,2597636
4.9
216,011,781
98,203,092
5.2
2,154,392
41,379,368.
161,498,456,+
——-
-
-
—
-
——
—
3
8,IhTs" 28 2
248,702,911
+
33,7587390
,
187,617,253
-
Cities)
78,500,000
111,375,050
—
85,187,503
+
83,555,925
32.1
2,036,055,158
1,517,510,233
+
55.2
148,860,983
104,066,723
+
39.5
2,079,596,451
228,907,902
1,812,796,679
201,651,197
+
13.5
77,806,084
75,090,813
+
+
+
4.5
9,808,005
2,688,508
884,180
3ia.584.952
•
+
22.2
135,676,000
125,224,929
+
22.5
31,792,242
.J-12.6
10,537,280
+16.7
23.0
.
29,198,273
17,147,687,284
+
•
25,055,000
25,050,000
377882
"+~41.7
357076,285
267922,475
4.5
3,829,362
2,758,847
+
il::
571,740
2,545,429
6.994,060
.'
20,747,541
3,664,750
—
14,053,665,483
+22.0
91,747,137
i
159,233
,59,891,061
43,342,557
+ 26.3-
311,651,981
393,588,446
217,471
+ 25,4
264,883,346
2H,583,356
586,746
533,992
31.5
+
73,156,305
+
.
6,491,169
:
—j
127,800,314
—
9.8
:
■
69,887,553
53,556,685
3.4
42,560,806
7,890,776
+
7.8
140,731,149
42,379,802
128,922,762
+
5.2
267,044.167
8,911,166
1.409,452,408
.+
2,¥241302
y———
.
■
-
.
2,859,913
2,669,320
+10.9
6.7
2
2,489,121
1.7
;
26,664,000
7.6
3,957,194
1.4
7,578,599
94,710,393
.+
28,351,000
28,824.000
+ 24.0
+
473*,499
______
,
■
140,001,969
94,011,382
9.2
—
0.4
+
•
378,065,841
—11.5
———-
2,618,033
'
1,309,425.914
173,621,022
383,441,631
.
+12.4
1,584,661,807
2,082,336
+ 16.1
26.793,736
3,863,792
3.459,978
+
11.7
42,421,794
2,416,972
.
—-----—
3,¥l5l264
4,649,887
...
+ 40.7
2,556,257
3,456,423
.
25,~078lo00
3,335,044
2,598,825
7,257,170
6,393,557
23,702,325
25,T65l?23
+14.5
'
+
—14.3
8,840,614
.
'
139,760,022
———
■
—
3,597,181 '
"
Wis.—Madison
...
;
v,'..',
,
,
+30.5
.
240,847,819
8.8
.
+12.5
.
6.3
■
—18.7
14,449,126
37,717,123
—
.
+
4,142,528
4,403,981
-
+ 25.6
+ 24.6
+.
117,443.488
16,248.229
30,647,893
-
.
—
■
37,799,102
130,714,503
:
+
,
——.—
—-
—
——
+ 17.6
197,801,053
47,488,536
+ 25.5
12,454,932
—
74.6
162,910,376
."
25,260,321
Haute——
232,526,413
.
9.5
+
5,172.510
26,575,301
—19.8
714,793"
573,132
1
'
75,582,609
.
+
+
■
11,938,943,095
; + 46.6
4,085,420
13,431,708
i———2—
1
+ 17.0
24,275,988
.
'
3,345,381
4,225,510
————
'
Milwaukee
—
266,910
351,060
.+ 25.9
83,015,831
+15.7
11,466,666
•v.
—,——
Lansing
•
17,934,115
.16,806,236
-
———
Jackson
9.5
,+.
•
28,413,529
20,850,559,532
'=
345.p
":+12.1
1,241,882,459
■
—
Oshkosh
054
5,270,536
5,031,921
15.3
+
8.9
9,140,277
3,112,928,531
.
+
: +14.7
110,639,265
•'
3.920.497.001
+
1,376,739,047
30,6
13.2
2.5
10.1
,
36,972,062
7.8
+
1,46"7"650
48,278,220
1,772,272,
3.6
125,905.000
3,007,446
n7s¥o7ooo
43.0
+
+ 15.4
"+Ti".I
5¥677,28*7
34.2
+
2,183,808
"L80O000
9.4
+ 20.6
+
2,519,754
>¥060,000
3.3
93,183,218
+
,1,392,454,957
7,661,336 '
—
Bend
25,365,957
98,300,000
+ 37.5
Reserve District—Chicago—
Flint
Gary
Indianapolis
5,744,365
30,710,956
+ 22.8
107,753,957
+
-
7,295,765
+ 21.7
115,800,000
100,792,040
7,483,211
10.844,000*
1,694,005,538
-
7,228,003
-31,0.91,400
34.7
+
3.1
20,793,155
Arbor
Bay
City
Ind.—Ft. Wayne
7.9
+
9,940,928
37,842,139
142,200,000
+
■
+ 21.1
11,986,118
3,293,677
995,212
.371,898,360
——
Orleans"--—*
Muskegon
+
- 9.808,114
169,476,944
——
..
Grand Rapids
4,906,954,000
8,240,760
11,369,000
—-
Vicksburg
Seventh Federal
/
+.
15,224,020
,
—
Mich,—Ann
i
1,463,438,724
19.3
+ 20.2
304,227,290
1,745,413,506
5.895.900.000
21,310.503
"777777-7777
(16
=
.'
236,424,082
—
Jackson
Meridian
'.
——
Montgomery
Miss,—Hattiesburg
'
'
+L—
—
—
8,379,137
.."7,800,000
139,931,568
——
409,690,533
10.9
-r22.2
+
145,605,919
488,554,000
9,858,401
8,642,272
9,446,056
184,863,089
-—+—:
-
+ 57.7
26,237,955
*
.*.
596,800,000
10,634,560
"
-
Ala.—Birmingham
Terre
72,517,565
153,820,479
14,530,600
75,153,046
147,272,345
—U-
Fla.—Jacksonville
South
2,875,867
86,878,290
3.4
District—Atlanta—
Reserve
Augusta
Detroit
3,368,970
5.2
-
Columbus
Total
29.5
+
—
—
111,542,897
■
1,196,081,057
Nashville
La.—New
3,381,741
156,273,520
t
163,620,358
Da.—Atlanta""
-
^
4,377,825
2,062,244
Federal
Mobile
86,568,081
+13.9
611,642,180
—.
Tenn.—Knoxv'ille
Tampa
98,203,842
166,583,040
+
11,388,899,962
137,423,087
8,369,461
cities)
(9
0.5
6.6
—f 21.2
—
27,058,000
—
>:r
Macun
+
301,332,229
;
C.—Washington
tSixth
15,413,800
12,800,556
10,484,123
5,349,617
—
1
Md.—Baltimore
,
15,814,600
37,669,805
12,987,846
15,493.352
C.—Charleston
Total
636,574,700
37,890,643
354,132.845
—-
Columbia
•
740,339,000
25.911,000
Richmond
D.
21,1
+
8.9
+JL4.4
+
.
District—Richmond-
Reserve
Va.—Huntington
Va.—Norfolk
9.
199,693,279
797,594
907,510,121
2,563,094,103
cities)—+
Federal
97,900,824
192,817,710
1,182,833
,
;
-
W,
92,787,101
8,406,192,237
30,769,112
1,449,629
r.----—u—-
(17
152,212,540
4,394,270,592
6,403,098
770,961
1,046,606,645
Erie
——————''""11,945,857
Oil City -t; " =
14.528,612
Ky.—Lexington
" f-:
7,396;973
W. Va.—Wheeling
9,783,086
Total
■
+*12.1
160,852,587
13,178,526
40,807,847
:
——
1,818,243
+ ' 5.3
9,760,106,103
7,763,370
-
——-r—..
"Greensburg
Pittsburgh
1,044,912
1,878,997
+
4,914,287,053
14,049,153
"
Co.
"•
9,407,987
-
1,166,808
9.5
1,254,036
1,854,369
2.5
1,012,922
9.454^387
——
2,720=,278
+ 71.7
2,152,848
—V
+ 11.2
3,205,977
,
Pa.—Beaver
-
+
434,000,000
1,639,080
3,064,427
2,031,332
208,448,400
,
'
1,399,719
2.1
+
234.880,105
>
14.3
3.7
1,312,121
2,729,126
'■'+ 13.7
16,764,705
57,792,800
-
————
—
547,000.000
527,000,000
1,263,496
2,672,117
768,497,591
.
1,158,795
—
——
Newark
+ 24.9
,658,000,000
389,215,035
874,021,541
—
——
Youngstown
.
3,491,068
——
-■-*
1,40¥254
,
———69,985,200
Columbus*.——---Hamilton
"
17,185,211
432,742,168
;
—
+
2,388,053,907
District-rCleveland—
Reserve
—
L67f,57"2
"668,963
10,4
+
236,346,400
11.1
—
+ 11.3
16,330,300 '
2,729,273,988
cities).
585,682
'+"¥.7
1
+/• 7.0
~'0
Total—(17
'538,775
585,357
15.7
6,118,689
7,583,043
_
Del.—Wilmington
N.
595,254
57.7
1~831~,150
+ 18.3
4.3
-
——
825,046
19,1
+
2.8
14.4
Pottsville
Du
25,959,038
+
Scranton
Wilkes-Barre
539,938
+
10.5
29,471,000,000
8.2
+
2,292,000,000
6,023,059
—
2,621,000,000
11,008,667
Philadelphia
York
=
2,453,178
Norristown
+ 19.2
660,596
.669,767
4,8
+
10,289,215
'
Lancaster
460,032
786,485
1,056,221
'
1.1
6,483,144"'"'
2,125,366
11,287,513
____—
8,9
+
—
•♦+124.29{|085
.
.
.
0.7
1,396.723,432
23,537,855
+
—
—
33,643,336
31,176,359
13.5
.-+13.8
;
...
'
1
—
'
'
.
.
7.3
.
.....
'
Sheboygan
—
fa.—Cedar Rapids
Moines
Sioux
City
—•
I—
—
•
—:
+
027,149
+
6.903,253
57,554,561
—
588,007
8,373.915
—
Manitowoc,
Des
655,473
2,039,290
Watertown
r3,487,036
26,780.325
23,781,279
11.5
•
0.6
8,466,844
+21.2
+
.
7.6
+ 12.6
,
26,405,10Ci' '
92,434,567;'
,
*.
23,013.425
.
.
+
■
—
1.2
.
1-13.6
.
.
'.
:
...
_■—
+14.7
.
-
+ 19.9
77,109,319
.
....
1,846,285
11,8^8,607
2,287,886
629.391,419
658,969,082
315,418,541
41,911,788
7,451,408
,..
-4-
4.7
14.481,646
260.243.609
+
21.2
7,474,483
.
.
..
..
X
;
1,661,836
+21.7
10,448,632
5122,580
,
+ 28.3
5,824,720
1,522,984
12,524,204
+23.9
3,903,562
''
Ames
——
111.—Aurora
;
938.042
—
2,324,001
10,539,164
9,987,317
+
13.0
33,314,186
30,802,769
+
8.2
+
.
2,622,695
2,457,707
4-13.9
+
823,236
2,964,072
—„
5.8
24,610,993
23,124,059
+
.6.4
552,571
+11.3
446.505.332
422,474,307
+
6.6
1,673,474
1,597,689
-+
9.3
■
Bloomington
Chicago
—
21,404,460,585
19,228.360,907
5.4
90,176,732
84,554,578
15.1
248.979,253
227,892.796
+12.8
1,925,790.680
►
Springfield
Sterling
(31
titles)
24,927.807
21,653,373
8,132.223
i03,143,446
98.062.800
+
+ 25.1
96,274,702
88,908,094
+
8.3
745,384
4-15.6
9,787,046
8,889,636
+
3,449,819,592
13.2
48,762,521,913
37,052,992,956
4-
+
.
+
.
•:
.
+ 31.6
.
.:
+
13.1
+
488,699
..
5.7
+
.
,
—
399,068
407,913
422,033,481
351,189,637
4.7
2,824,336
1,277,369
•'
10.1
3,906,023,033
—
—
.
5.2
8,122,015
861,729
Peoria
Rockford
9.596.771
10,159,438
—J
1,671.481,264
10,118,057
9,170,002
Decatur
Total
+ 15.2
.5.5
.
....
5.786,002
9,649,539
—40.0
4.823,559
2.038,065
.
2,265,423
—10.0
2,290,230
2,417,736
1,897,573
+
27.4
2,014,693
1,723,048
.+
4.3
530,056,373
445,669,591
—
565,996,961
•
542,510,706
4,701.730"
.
1,611,354
'
THE COMMERCIAL & FINANCIAL CHRONICLE
2506
1942
<
1943
1942
$
or
Dec. %
$
Clearirigs at—
Inc.
-Week Ended Dec. 11-
Nov. 30-
-Jan, 1 to
-Month of November1943
Monday, December 20, 1943
'
1943
Inc. or
$
■
Dec. %
1^42
1941
Inc. or
i
$
$
I
Dec. %
■
1940
$
$
Eighth Federal Reserve District—St. Louis—
Cape Girardeau"
Independence ___•
;
111.—Jacksonville
i—
,
Quincy
(7 cities)
Reserve District
Nlhth Federal
N.
:
Fergus Falls
D—Fargo
Minot
i
—.1
——
—
Falls
Sioux
Huron
———
1
———
—
Mont.—Billings
Falls
Great
cities)
Tenth Federal
,
6.1
3,924,719
3,902,736
+
0.6
3,664,277
3,013,556
150,637,424
124,350,674
+
21.1
100,053,960
80,637,858
178,946,939
+ 20.3
2,167,746,682
1,831,943,709
+
18.3
50,65~1~553
48,003*350
+
5.5
38,399*969
31,533*569
1,996,073
439,740
14,453,573
+ 40.7
24,358,006
21,056,255
+
15.7
+ 10.7
5,088,826
4,460,886
+
14.1
+
6.0
3,633,289
3,690*074
Is
3,336*299
2,8*14*750
2,074,000
1,699,176
"1*7*8
1,2*51*392
Wyoming—Casper
0.1
63,561,282
56,731,287
+
15.1
146,542,918
122,361,950
7.2
13,350,349
10,496,028
—
+ 22.2
54,986,537
51,331,392
+
7.1
11.3
64,480,726
+
7.2
217,091,917
55,072,205
202,561,522
5,352,831
5,145,733
+
9,547,122,599
7,595,433,894
+
23,457,167
932,869
—16.2
760,174.599
+ 24.9
872,691
1.4
+
.
+ 15.5
11,819,479
14,223,126
3.4
138,568,253
285,239,170
6.0
40,543,606
7,142,096,697
+
683,574,819
+ 23.1
37,061,825
8,906,341,098
19,812,672
+ 43.5
273,476,521
+
2.5
7,515,517
46,365,954
16.2
V
9,149,745
8,235,269
6,121,542
2,724,555
.21,258,263
;
22.2^'LS +
+
4.
8.7
7,462,501
5,109,341
+ 46.1
4,135,848
3,709,748
1,143,232
1,103,791
*+""3*6
2.7
4.7
+ 12.6
140,053,000
+ 18.4
356,063,535
+ 20.3
513,118,571
+ 16,4
125,773,000
+ 11.4
3,468,955,302
241,787,275
+ 19.4
190,352,806
154,287,364
+17.5
61,687,713
53,820,651
+ 14.6
0.1
26,862,471
30,562,181
v
:
.
+
5.9
222,197,866
218,590,187
+
902,588,753
2,840,742
—10.3
2,017,198
1,773,049
95:262,579
"+13.2
76:2207402
62,094*,000
14,18*4,397
13,112,582
"+ *8.2
11,113*358
5,666:623
3,175,000
3,119,000
2,447,000
2,000,000
17.4
10,882,244,855
.£
—12.1
—
2,726,982
20,083,194
2,548,349
+ 23.0
+ 42.9
4,266,165,284
39,415,497
+ 19.9
+
2,917,725
5,211,439
-
x„"
+ 28.6
30,638,612
i
"*30.1
i:ill,334
I,!)! 2 55
"+*1+3
4,733:223
1,872*228
12.0
98,549,515
79,444,183
44,758,493
8,978,866,841
+ 21.2
134,869,947
120,402,684
39,982,253
32,943,723
+ 21.4
+
6.6
4,203,616,192
3,508,907,297
+ 19.8
77,680,881
+
30.3
94,419,028
+ 28.5
2,648,508
82,492,922
2,011,721
85,422,830
73,472,090
71,796,987
+ 52.5
29,038,000
23,932,000
+ 21.3
6.1
3,652,561,823
72,203,619
70,411,802
32:4*0*5",800
29r028~,iil
10:3*7*3,519
6,3*1*4:291
"+6*4: 3
5,"828:667
4,391442
4,52*3:568
2,9*6*5:795
"+5I5
4,073:121
3,8*19:082
+ 18.2
268,106,000
249,~6*82:082
"+"7.4
204,073:000
171,7*5*4:993
+ 27.5
5,194,680
5,544,067
6.3
4,113,872
3,216,022
+ 19.6
2,524,703
1,928,231
+ 30.9
1,749,256
1,775,386
+ 29.2
5,364,577
3,980,3)38
+ 34.8
3,664,275
3,083,759
"
2,986,963,391
+ 22.3
57,933,979
+ 17.3
22,366,946
+
5,1
273,589,463
213,135,575
8,273,186
+
29.4
95,922,470
83,452,086
,
,
147,030,846
443,209,884
141,370,732
293,739,212
+
50.9
+ 50.6
77,764,718
55,787,688
+
11,761,887
3,759,366
+ 61.4
171,542,276
149,363,921
+ 14.8
42,955,966
10,150,791,253
168,907,629
62,306,715
158,170,578
55,577,491
+ 15.7
18,070,850
+ 34.1
5,947,225
+ 44.1
11,998,990,191
215,278,228
74,508,498
20,573,077
16,058,948
+ 28.1
204,416,429
'
1,917,809,304
+ 13.7
23,235,032,775
21.1
462,099,687,119
237,645,499,031
33,809,470,472
+
18,685,036,471
+ 15.0
CLEARINGS
$
'
J
r
$
733,183,298
728,522,450
—
—
1942
488,030,404
Winnipeg
Vancouver
—
-
—
—
136,409,897
611,651,027
31,913,723
19,378,643,053
371,876,421,703
or
Dec. %
1943
$
637,311,678
594,953,386
15.0
7,535,900,684
+ 22.5
7,190,554,922
,272,339,775
110,117,928
+ 79.2
+ 23.9
511,157,578
+ 19.7
3,328,067,779
1,376,513,885
4,463,745,093
284,591,987
+
$
.
'
6,615,739,767
5,932,047,294
2,259,020,419
1,114,316,537
3,607,013,585
266,928,424
189,652,384
28,653,492
20,116,708
17,605,196
+ 14.3
32,638,060
+
2.4
206,506,736
341,425,104
61,204,364
14,061,967
34,417,693
+
77.8
405,912,609
2
10,902,873
+ 29.0
134,964,199
328,339,566
115,527,281
;[
9,468,823
8,711,163
8.7
100,391,199
92,965,193
—
—
;
Calgary
John
—
+
454,359,480
+
5.9
9,069,886,060
7,857,639,087
+
15.4
7,378,566,149
292,146,693
6,631,710,645
4,352,889,567
4,001,499,004
+
8.8
3,558,691,193
3,025,221,916
FOUR;YEARS
;
346,744,594
,
Inc. or
Dec. %
1942;
1943
Inc.or
1
Dec. %
$
$
116,446,358
104,889,470
121,729,158
15.9
100,551,298
92,378,859
29,016,879
25,543,770
+ 23.8
122,873,792
105,241,367
+
6.6
6,046,842
.+
d.9
4,891,768
3,712,343
1.5
6,806,443
6,238,817
+
+ 23.6
12,799,254
7,841,561
+ 16.8
3,107,944
2,538,036
+
8.0
2,206,082
+
18,292,770
16,400,507
57,913,056
41,521,397
3.1
+ 31.8
5,061,777
3,802,565
3,238,494
9,1
6,381,168
5,641,622
+
63.2
+
22.5
7,398,541
2,287,470
1,965,041
+ 12.3
1,898,340
1,791,354
+
2,947,643
+ 17.2
2,877,320
2,630,755
9,745,528
7,201,0(30
+ 35.3
5,426,955
4,361,939
+ 25.8
9,673,329
7,130,812
+ 35.7
5,027,410
5,094,661
629,685
541,2(53
+ 16.3
451,089
1,107,270
845,2(75
+
31.0
772,847
687,904
1,920,565
+
32.4
1,714,849
1,506,447
856,015
+
47.3
682,745
715,855
+
3.1
3.9
1,091,553
990,972
898,025
+
5.4
.898,656
662,285
141,394,904
36,092,626
+ 20.4
324,645,916
290,346,963
257,973,217
2,727,636
+
4.2
25,983,781
23,426,986
+ 10.9
4,707,078
+ 40.2
42,373,279
33,497,798
+ 26.5
8,906,614
+
60,6
101,398,241
82,081,270
+ 23.5
2,543,592
4,132,691
+ 17.1
43,149,419
38,811,665
+ 11.2
1,261,144
+
9.4
1,214,565
1,177,5,74
+
0.7
5,556,075
New
Westminster'
Hat
Medicine
—
4,857,498
+ 14.4
56,377,479
51,548,805
5,526,127
3,818,107
—
4,973,093
+ 11.1
52,720,173
52,375,711
4,367,085
—12.6
39,832,074
2,379,446
1,975,629
+ 20.4
+ 32.4
22,304,063
44,344,795
1,820,559
3,454,045
154,521,447
.389,448,954
«
'
Brantford
7,027,406
.
9.3
+ 16.4
+ 33.2
4,839,708
Fort William
5,282,545
+ 34.1
14,827,094
30,396,209
14,305,304
—
Jaw
+
5,593,4,02
6,600,307
f
49,712,914
62,772,002
13.6
+ 16.8
43,457,799
2,843,022
—
—
—-—
+ 118.1
57,205,702
17,252,891
——
$
+ 39.3
+ 47.3
—
1940
$
+
+ 23.5
+ 21.2
1941
129,931,457
181,048,839
141,135,938
103,759,989
+ 13.9
40,481,811
;
■—
355,031,069
481,025,855
+ 24.3
-Week Ended Dec. 9-
1942
.
—
+ 19.9
-Jan. 1 to Nov. 30-
Inc.
33,405,222
*
—
18,2*75:714
+-19.8
.
198,443,006,431
+ 11.4
Hamilton
+
FOR NOVEMBER AND FOR WEEK ENDED DEC. 9 FOR
-Month of November1943
!
39,731,199
•:
+ 29.4
+ 40.8
1,007,580,218
2,181,251,209
——
22,747535
39.4
18,977,881
1
+ 23.2
+ 55.9
5,774,318
40,947,524,405
.
49,385,578
+
4.0
13,517,017
26,846,477
21,487,396,036
Canada—
2.5
"+lT.6
1,340,603"
+14.9
I
...
1,557,391
+ 28.4
10,604,137
•'+
8,572,367
cities)——.
58,038,974
+ 35.6
1,102,712,231
1,165,485,335
24,224,041
—
5.8
+ 31.7
—
+ 19.0
78,579,851
CANADIAN
—
+
+ 21.7
8,694,135
cities)
Brandon
7"!
U98",230
743
1,293,582,304
•
f
—
—
f:
4,969^551
i:4~2~8,458
1.7
+
+10.4
—
Edmonton
1.8
+
■
+ 12.1
305,828,589
5,292,839
—
——
787*086
107155,00b
+ 21.9
7,362,544
——
Quebec—
"*9*40*301
.
+ 23.9
23,516,367
■—
Ottawa
"+"18*3
288,750,549
+ 21.6
103,466,835
73,755,664
4,004,122,303
16,657,929
——
*744,461
8*9*0*976
*
I
V.
08S'K)TW9I
41,854,158
——
827,679
i,*053*,84i
2.3
+ 26.8
114,207,594
—
——
Outside New York—
Moose
101,871*846
8,256,637
t
Saskatoon
129,490*793
126,073,291
.
•
Regina
"+17*1
+
49,083,057
125,773,380
+ 19.7
34^26,703
324,387,149
——.
—
Lethbridge
159,*68*5* 605
2.5>
+
—16.7
497,788,968
91,373,997
4,882,957,704
428,261,519
597,496,424
—
38,618,449
59,399,867
12,305,000
—3,219,000
—
Francisco
London
3,997,682
186*974,386
.
District—San FrancJsoo—
Beach
Victoria
4,784,526
r-+
•
8S8'8f'0i906,2T ^
8.7
+
395,513,380
1,059,894,541.
Pasadena
Bt.
2,088,594
+ 29.7
1,286,565,692
Berkeley——.:
Halifax
2,232,346
5,575,309
4.6
2,111,000-'
Montreal
3,115,779
7,231,070
8.6
+
412,468,275
Salt' Lake City
Toronto
100,341
3,193,611
/
+ 22.4
—
19,157,666
+ 27.1
(190
130,451
3.1
16.3
+
20,043,023
6,954,106
(19
11.3
+
3,580.232
4.3
—
Total
580,806,609'
212,633
236,697
37,407,374
+
8,840,995
Total
123,609,107
3,287,948
1,821,674
7,669,180
Stockton
151,988,523
44,522,914
1,900,657
2,922,941
Barbara
+ 15.2
217,503,507
+ 30.6
0.6
——
[Jtah—Ogden
Santa
188,817,231
■
•j.
+ 22.8
+
+
4,569,034
•
330,796,912
Jose
3,635,910
3,558,163
—
7,315,238
+
9,995,913
San
994*864
4*077,463
62,535,678
—15.6
204,392,151
718,606
3,556,312
San
122*5*163
"—1*0.3
+ 33.8
233,059,198
352,469,646
Riverside
"+*20*6
4,645,292
41,446,417
Yakima
Modesto
1,4*2*0* 351
5*9*9*6,237
76,809,912
119,113,075
+
3,264,934
62,220,736
13,859,000
—_
fcriz,—Phoenix
1 JL2.596
+ 24.7
16,849,921
—
11,380,227
21,544,952
4,168,630
_—«>
Dalif.—Bakersfield
J
,
18.2
+
12,200,410
2.2
+ 20.3
1,298,905
7520505
—
„.
*
+ 41.9
159,193,641
2,367,016,741
r
Portland
25.7
1,989,348,955
——
.
•
+ 34.1
7,443,087
188,101,244
3,358,799,436
+'———-—.—
9re.—Eugene
,
i
41,689,040
—
Twelfth Federal Reserve
[da.—Boise
9,980,491
+ 15.3
+ 20.4
14,418,683
254,512,254
1,057,461
473 292 356
Texarkana
Seattle
"IITXC
5~376j747
'•
4.0
9.9
50,222,316
;
PVash.—Bellingham
;
17.1
+
+
—
2,522,217,132
1
(11 cities)
\
27.2
0.6
—
La<—Shreveport
973*666
+ 19.8
+
+ 12.6
-
-
Arthur
—
1,453,809
1,567,179
12.0
+
V:
1,571,899,561
—
Houston—:.:
Grand
+ 39.0
+ 23.6
r::::::::::::™
Galveston
Long
14,029,505
+
,
6,497,574
46,313,682 '
Total
19,504,811
3,583,769
..
cities)——
Falls
+ 40.8
217,769,057
—
Worth
Wichita
16,056,000
—
6,139,550
4,598,711
Paso
port
139,857,091
22,604,000
269,069,654
—
—w—
^
El
148,195,087
+ 42.6
11,060,269
1,121,772
6,089,520
Texas-Auhstmderal KeSette D'S".it^Di"l,V94C,8.n
Ft
5.7
+ 38.8
+
4,036,455
Springs
—
Heaumonc
666,000
186,511,193
22.4
53,877,904
L
—
'Si?
.
31.2
841,613,618'
.
—
—
(16
6.2
+
28,426,663
—-—
V
,
Denver
Total
767,000
231,767,488
+ 27.4
+
+
736,691
City
Joseph
Pueblo
9*34,G|00
254,867,309
+
3,461,948
Mo.—Joplin——:—.—-1
■
1,190,000
270,558,055
19,026,241
11,764,615
25,927,159
,*
Wichita
Colo.—Colorado
21.1
192,670,203
1,221,648
1,269,983
-■.
———
Okla.—Tulsa
36,834,788
4,852,633,887
306,485,818
———__
~1——r—
Kansas
45,7*9*4:845
44,841,191
204,368,439
885,124
Carthage
11,139,432,253
62,*159:297
6.1
+
*
6,366,603,139
23,287,049
16,622,913
•
+—
Omaha
.
District- -Kansas City—
Reserve
—
Kan.—Manhattan——
St.
31.3
I
+ 17.6
+
39,818,000
r?u*.
59,270:416
43,369,893
+ 12.2
+ 40.5
+
949,577,610
_—
Neb.—Fremont
Topeka
—10.5
'
10.0
+
1,819,893
781,473
—-
Parsons
22,909,418
67,55*6:304
46,011,751
+ 17.1
5,555,364
480,537,066
21,130,260
...
Lincoln
13,097,311,903
7,443,854
7,234,584
—
Helena
(16
1,088,913,267
1,203,013
—
_
—
Lewistown
Total
48,232,000
+ 16.6
2,422,409
6,137,233
12,731,541
—
—
D.—Aberdeen
B.
+ 36.7
•
2,878,000
—
Forks
1,834,693,002
6,234,257
2,809,216
486,666
15,282,382
-—
•
Grand
2,017,978,443
103,215,560
124,400,000
3.0
+
L...
•
0.9
20,514,895
630,721,186
2,557,723
—.
Rochester
Paul
3,155,952,144
2.3
+ 35.1
—
—
215,243,175
Minneapolis
Winona
'+14.2
+ 10.8
46,926,838
k
151,300,000
155,800,000
+ 20.0
6,509,047,105
-Minneapolis—
Minn.—Duluth
St.
8,915,314
249,462,735
221,195,688'
582,055
3,717,000
1,269,711:771
——
51,988,091
9,000,805
2,694,391,139
216,139,848
786,316
5,081,000
JS.
7,808,011,654
+ 13.1
•
284,830,644
„
+ 24.3
+ 17.7
724,487
4,800,039
809,300
—
Ry.—Louisville
Tenn.—Memphis
Total
609,152,139
4,079,163
757,264,624
libl—St.* Louis
384,165
980,488
1,124,116
1,082,141
45,022,980
—11.5
875,301
925,435
17,101,614
+ 30.4
471,009
435,748
+
8.1
380,710
,382,832
38,161,896
+
16.2
1,018,721
727,4'26
+
40.0
707,356
611,239
>
—
Peterborough
Sherbrooke
4,599,833
3,474,934
5,422,866
4,582,517
+ 18.3
51,276,398
47,952,639
+
6.9
860,883
+
24,4
Kitchener
6,324,694
5,355,480
+ 18.1
5.6
1,265,795
1,119,741
+
13.0
1,302,893
19,749,899
60,587,419
204,059,792
+
21,199,154
63,996,657
210,943,421
+•
3.4
5,173,890
3,643,702
+
42.0
3,401,522
3,246,376
+
506,374
——
Windsor
Prince
Albert
3,151,742
6,361,334
Moncton
Kingston
28,755,762
24,272,276
+ 18.5
764,029
661,484
15.5
528,316
61,493,845
53,760,300
+ 14.4
*970,000
1,590,716
—39.0
1,160,764
39,727,593
36,444,468
+
9.0
908,087
817,049
+ 11.1
842,472.
635,928
3,486,778
+
3.6
34,120,223
32,348,078
+
5.5
807,325
591,908
+ 36.4
745,617
637,049
2,432,000
+ 53.0
37,432,302
23,485,733
+ 59.4
759,584
598,916
+ 26.8
537,698
559,753
+
6.4
54,032,799
52,366,986
+
3.2
1,204,679
1,012,962
18.9
1,198,623
1,057,866
+ 26.6
27,247,452,818
22,475,316,538
+ 21.2
653,836,206
504,228,952
+ 29.7
414,422,114
3,078,553,605
2,432,275,503
•Estimated.
1,072,926
+ 15.8
4,921,267
cities)
790,974
f"
+19.1
5,238,243
(32
876,402
+ 13.2
Sudbury
Total
1,070,762
2,720,816
Sarnia
—
7.3
5,340,016
3,439,721
3,894,475
3,611,647
3,721,137
Chatham
+
For Canadian Bank
Clearings For Week. Ended Dec, 2—See page 2510
+
956,896
358,085,864.
'
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4239
158
2507
'■ w
1
•
'
■
•
•
1
,
T.f.
'
*
-?
The
y
Capital Flotations in the United States During the Month of November
and for the Eleven Months of the Calendar Year 1943
New
since
The November total compares with $127,335,693 for
tober
main
the largest in amount for any month
1941, when $200,711,420 was reported.
were
October,
The large
Oc¬
tions ,made
the
Stock flota¬
debentures due 1963.
showing
greatest
of
month since
any
March, 1941, the total in this category adding up to $45-
500,000,
944,281 and comprising eight issues.
January.
This total compares
36.3% in February and $9,500,000
or
$34,756,693 in October and $459,876 in November,
1942.';
'A,'.
' \
/yy.'.
The principal issues for the month were $15,000,000
000,000 Idaho Power Co. 1st mtge.;3%sj $84,000,000 Alu¬
debentures and 309,-
minum Co. of America 20-year 3%
Federal
of
issue
This break-down is
SUMMARY OF
a
Capital
$
.
January.—..
February.—.
New
%■
$
Home
Loan
Banks
0.85%
consolidated
Aug 19
First quarter
91
day Treas. bills
1,005 236,000
906,813,000
92
day Treas.
bills
1,002 333,000
,905,310,000
Aug
'2
Ctfs.
of
indebted.,.
989 000,000
Aug
2
Ctfs.
of
indebted..
1,559 000,000
Aug
1
U.
Savings
S.
Depositary Bonds
Aug
Tax
Total
for
Antic'n
1,559,000^000
801,"732,580
22 ,235,000
22,235,000
213,470,400
..
Notes
213 470,400
Sep
August——— 7,605,565,980
2
91
day Treas.
5,179,816,000
2,425,749,980
Sep
9
91
day
Sep
16
91
1,001,879,000
904,992,000
96,887,000
1,004,913,000
1,008,342,000
908",689,000
96,224,000
1,000,489,000
Sep
23
91
day Treas,
7,853,000
bills
Treas.
bills
day Treas.
bills
bills
1,005,381,000
1,006,051,000
Sep 30
Sep 15
91 day Treas. bills
%% ctfs. of indeb,
1,002,901,000
4,120,000,000
1,005,718,000
Treasury Bonds
Treasury Bonds
5,260,000,000
3,777,000,000
Sep
15
Sep
15
Sep
1
U.
Sep
S.
„
—
Savings Bds.
Depositary Bonds
5,260,000,000
3,777,000,000
1,926,566,119
99,365,500
2,259,996,000
99,365,500
2,259,996,000
22,466,343,619
4,825,939,000 17,640,404,619
.
15
Ctfs.
of
indebted..
15
Ctfs.
of
indebted..
Sep
15
Sep
15
Sep
15
Treasury Bonds
Treasury Bonds
Treasury Bonds
U. S. Savings Bds.
Tax Antic'n Notes.
,
670,000
2,817,000
4,120,000,000
1,926,566,119
Oct
Below
Total
Oct
day
Treas.
bills
1,006 931,000
1,003,063,000
14
91
1,004 964,000
1,001,159,000
3,805,000
91
day Treas.
day Treas.
bills
21
bills
28
91
day
bills
1,000 798,000
1,008 064,000
1,003,709,000
1,002,819,000
t2,911,000
Oct
present a tabulation of figures since Janu¬
showing the different monthly amounts of
corporate financing as revised to date. Further revisions
of the 1943 figures will undoubtedly be
necessary from
time to time, particularly as additional
private financing
is brought to light in annual
reports and other places.
1941
Oct
Treas.
Depositary Bonds
Total
Nov
91
New
Capital
Total
7,517,000
10,315,000
72,920,126
85,128,964
158,049,090
52,928,677
1,865,000
38,447,228
13,195,000
56,708,875
18,900,500
75,609,375
46,549,770
12,573,270,750
7,159.658,000
5,413,612,750
1,002,628,000
1,005,832,000
+3,204,000
+3,929,000
79,085,120
39,209,300
118,294,420
86,631,370
.
day
Treas.
bills
Treds.
12
90 day
18
91
26
bills
1,004,665,000
day Treas. bills
1,001,415,000
994,658,000
1,005,344,000
bills
1,008,704,000
1,002,333,000
Savings Bds.
798,147,941
90
day Treas,
U.
S.
328,616,342
Nov
Depositary
273,561,870
275,687,665
227,012,100
115,287,655
1,708,163,250
30,208,500
Nov
Nov
Tax
$
1,708 163,250
460,690,000
Nov
Refunding
———
1,626,007,000
—
30 208,500
Nov
Total
;
1,127,794,000
460 690,000
Nov
-*1941-
Refunding
687,000
57
October——_
for
5
5,245,000
1,578,537,000
Antic'n Notes.
Tax
•
3.868,000
1,963,427,000
57,687,000
1,626 007,000
1,127 794,000
._
—
1
Oct
1,578 ,537,000
1,963, 427,000
—
Oct
(Revlsed to Date)
———*1942-
September.
91
Oct
we
1942 AND
for
7
Oct
1941,
Capital
98,423,000
97,023,000
989,000,000
801 732,580
Bds.
Aug
deben¬
$
95,390,457
99,852,000
Oct
2,798,000
56,943,229
104,014,000
v
11,330.000
MarcK—.A,
901,706,000
906,987,000
Aug 26
$65,270,000 of which
•——
-
Total
1.005 ,720,000
1.006 839,000
$25,000,000 were placed privately.
reversal of the
Refunding
bills
bills
was
CORPORATE FIGURES BY MONTHS 1943,
1943-——————
New
day Treas.
day Treas.
Sep
ary,
s
92
was also the usual monthly sale of debentures for the
Federal Intermediate Credit Banks by Charles R.
Dunn,
fiscal agent. The month's total was
ment order of the SEC and the proceeds thereof went di¬
rectly to the parent company and not to the Public Serv¬
ice Co., and does not represent new financing.'
:
Of the November total, $121,032,738, or 63.4% consti¬
tuted new money and $69,861,543, or 36.6% was for re¬
Indebtedness
92
92.1% in
or
New
Refunding
4
Aug
by Everett Smith,'New York, fiscal agent.
This
sold to refund $41,000,000 %%
debentures, and
$25,000,000 %% debentures, which were placed privately
in September during the Third War Loan drive.
There
Chemical
funding purposes.
Accepted
Aug 12
tures
Co., representing a cash transaction of
$26,222,805. Although not included in our summary of
new corporate financing there was also
publicly offered
875,000 common shares (par $20) of the Public Service
Co. of Colorado, representing a cash outlay of $21,875,000.
The sale of these shares was made by the Cities
Service Power and Light Co., to comply .with the divest¬
Dow
Total Amount
$
increase
Atlanta and Charlotte Air Line Ry. 3%s due 1963; $18,-
Type of
Security
Dated
,
Municipal financing for November'reflected a large
over October, the total
aggregating $36,854,360
as compared with $10,899,995 in October and
$17,016,303
in November, 1942. ' Of the November
total, $21,410,060
was for new money and $15,444,300 for
refunding.
The
month
also
witnessed the
sale
of
$64,300,000
with
741 shares of $4 dividend cumulative preferred stock
in the
*
were three issues placed
privately during No¬
aggregating $102,600,000, or 53.7% of the month's
total.
This compares with one issue of
$12,929,000 so
placed in October, representing 10.1 % of that month's
total; $14,250,000, or 21.9% in September, $9,650,000 or
9.4% in August; $29,412,000, or 34.6% in July; $29,450,000,
or 23.4% in June; $1,770,000, or 2.4% in
May; $13,600,000,
or
14.2% in April; $32,800,000, or 34,3% in March; $8,-
sale of $84,000,000 Aluminum Co. of
America 20-year 3%
comprised
There
total for November is partly accounted
for by the private
which
vember
last, and with $20,209,876 reported for November,
1942.
trend of past months
refunding operations.
market
1943, aggregating
issues for November,
capital
$190,894,281,
Bonds.
Antic'n
6,371,000
798,147,941
...
8,289,500
Notes
10,007,000
8,289,500
—
330,199,000
330,199,000
201,922,025
Total
Total
71,071,229
47,829,228
118,900,457
208,714,121
143,238,764
351,952,885
186,112,817
617,987,420
•
20,784,940
74,902,000
95,686,940
97,114,003
18,527,000
115,641,003
May-———.a—-,
28,620,611
39,469,665
44,743,680
73,364,291
103,841,600
29,999,425
125,811,993
76,827,430
61,685,570
109,648,100
138,513,000
63,874,177
95,812,568
90,916,785
113,390,374
215,458,248
294,863,224
277,783,033
86,019,070
363,802,103
194,260,627
417,673,232
5,154,048,441
204,307,159
79,404,976
for
November
146,650,400
5.806,500
June__
107,180,735
197,102,123
for
611,933.859
UA.A
April
————-w.
Second
804,100,237
eleven
260,976,300
•INTRA-GOVERNMENT
1913
quarter
Six months
150,476,205
——.
263,287,476
486,497,154
229,257,834
715,754,988
for
FINANCING
Issued
six
months-
Retired
July—
19,174,700
65,579,800
84,754,500
27.509,976
47.069,170
22,403,704
79,311,000
86,628,380
101,714,704
133,697,550
Certificates
58,600,000
32,719,350
6,018,000
60,229,326
August.—
64,618,000
September™.
9,875,000
55,165,000
401,829,900
Notes
28,445,586
30,436,500
58,882,086
327,402,743
34,264,713
74,427,157
65,040,000
161,391,300
69,173,850
183,729,412
408,736,626
322,446,837
$
5,127,196,000
38,000,000
566,347,000
19,013,000
"'547,334,000
604,347,000
19,103,000
585,244,000
195,656,013
731,183,463
51,453,404
200,055,800
251,509,204
114,555,562
201,929,609
463,343,276
665,272,885
601,052,716
298,431,684
899,484,400
40,673,226
86,662,467
127,335,693
2,434,300
43,845,700
46,280,000
121,032,738
69,861,543
190,894,281
6,679,000
13,530,876
20,209,876
14,717,010
66,328,990
81,046,000
23,830,310
123,705,566
147,535,876
—a-
October--.
November————
Fourth quarter..——
1
■
Twelve
if
789,110,070 1,358,107,489 2,147,217,559
103,661,200
89,427,250
97,050,220
624,883,026
—
confined to the usual
422,137,250 1,047,020,276
Certificates
131,811,350
80,002,863
42,384,100
59,061,554
273,091,313
198,495,874
471,587,187
in
Anticipation Notes.
November
all
were
As the Treasury bills maturing
around
the
billion dollar
mark,
the same amount as the issues brought out, very-little
new
capital was obtained in this way.
By all of-its
operations the Treasury obtained $1,145,881,441 in addi¬
tional working capital.
We give below our customary tabulations:
Dated
Offered
Due
TREASURY
Date
FINANCING
Amount
DURING
Oct
1
Oct
8
Oct
14,
15
Oct
21
Oct
22
.
7
91
Certificates
1,239,489,000
1,006,931,000
1,004,964,000
99.905
99.905
99.905
1,008,064,000
1,578,537,000 100
11%
ms.
15
11%
ms.
days
Oct
6
Oct
6
Sep
15 21-26 yrs.
15
8-10yrs.
Oct
6
Sep
15
1-31 Oct
8-10yrs.
1 10-12 yrs.
12 years
Oct
Dated
Applied for
Due
$
.
Amount
*■
Total
,
/
'
99.905
*0.375
$
Price
Oct
.(fa
,
for' six months.™—————— 49,746,876,044
29
Nov
4
91
Nov
5
Nov
12
90
Nov
/
12
Nov
18
91
Nov
Jun
30
19
Nov
26
7
92 days
1,175 078,000
1,001,757,000
99.904
*0.375
Nov
1-30 Nov
1
July 14
1,344 535,000
1,000,411(000
99.904
*0.374
Nov
1-30 Nov
1,520 429,000
99.905
*0.374
Nov
1-30 Nov
99.904
100.
July 16
July 23
July 21
July 28
92 days
1,373 786,000
1,003,796,000
1,002,819,000
Jun
July 12 4 yr.2 mo.
19543 543,500
2,707,264,000
100
889 690,821
13 ,585,000
889,690,821
a
a
13,585,000 100
414,032,550 100
b
9
27
July 1-30 July
July 1-30 July
July 1-30 July
Total
fuly 30
fug
6
—_1
days
days
days
days
100
for
1
10-12 yrs.
12 years
414 ,032,550
2 years
4
Aug 12
1,408,809,000
Certificates
Total
1,005,720 000: 99.904
*0.374
1,431,223,000
1,006,839 000
1,420,407,000
1,277,910,000
1,005,236 000
99.905
*0.375
1,002,333, 000
99.904
*0.374
Aug 19
91 days
Aug 26
ruly 22
Aug
2
92 days
1 year
Fuly 22
Aug
2
1 year
<
fug 1-30 Aug
12 years
1,559,000,000
1 10-12 yrs.
fug 1-30 Aug
5,484,000,000
.2 years
801,732,580'
,
22,235,000
99.904
*0.374
989,000 ,000 100
1,559,000
000
801,732, 580
213,470 400
Total for. August—i.—————
%-
100
%
a
22,235 000 100
213,470,400
for
Total
for
Total
2
1,708,163,250
a
a
30,208,500 100
460,690,000
y .2
*-■
100
b
for
,
a
*0.375
99.906
90
100
99.905
1,008,704,000
99.906
9
Sep
16
91 days
Sep
23
1,498, 766,000
1,005,381,000
99.906
*0.374
Sep
30
91 days
1,337 648,000
Sep
15
11 mths.
S9-0 2
Sep
15
8-10 yrs.
4,120 000,000
5,260 000,000
99.905
1,002,901,000
4,120,000,000 100
5,260,000,000 100
*0.375
S 9-0 2
2
3,777, 000,000
1,926, 566,119
3,777,000,000 100
a "
1,926,566,119
a
Sep
15 20-26 yrs.
1-30 Sep
Sep
Sep
1-30 Sep
1 10-12 yrs.
12 years
1-30 Sep
2 years
for
Septembers
Service
1,001,879,000
99.905
1,281, 212,000
1,004,913,000'
99.905
*0.375
1,008,342,000
99.905
2,259, 996,000
'
798,147,941
Below
a
2 years
330,199,000
330,199,000 100
409,345,000
3,245,989,000
Fund,
Foreign
Account,
Retirement
Fund,
Service
tions
&
Loan
Insurance
Insurance
Corporation.
Corporation,
tNet
and
retired.
give complete details of the capital flota¬
we
during
November,
including
every
issue
of
any
kind brought out in that month.
5,154,048,441
eleven
on
months—A—
a
*
'
Details Of New Capital Flotations
-105,579,460,205
bank discount basis,
and
series
a
B-1944,
C-1945.
Series
B, about 0.48% and series C,
inated June 22, 1943.
A
earn
about
1.92%
During November, 1943
'
'
„
series
year,
$
$15,000,000 Atlanta &
Air Line Ry. 1st mtge. 3%% bonds,
Purpose, refunding.
Price, lOO'/a and
Halsey, Stuart & Co., Inc.; Barrow,
Leary & Co.; Bioren & Co.;
Bosworth, Chanute, Loughridge & Co.; Brooke, Tindall & Co.; Burr & Co., Inc.;
City Securities Corp.; Cohu & Torrey; Cooley & Co.;
1.
$
%
2Va
100
2
2,259,996,000 100
b
i
'
Total
for
six
months....
Nov.
int.
New
Refunding
Years)
RAILROADS
/
'due
Accepted
Five
r
series
a
Long-Term Bonds and Notes (Issues Maturing Later Than
about 1.07%. Sales of tax series A term¬
Total Amount
Security
*0.375
1
22,466,343,619
Retirement
Savings
Indebtedness
$
Charlotte
1,
&
&
49,746,876,044 19,101,944,000 30,644,932,044
1963.
Offered
Courts
*0.374
99,365,500
11,203,000
5,695,734,000
Deposit
Federal
8,289,500 100
■
1,535, 294,000
99, 365,500
420,548,000
8,941,723,000
"0.376
798,147,941
November—
Dated
Sep
Sep
months.
*0.376
8,289,500
b
Aug 27
1
10
Sep 17
Sep 24
91 days
November—L_
eleven
*0.375
1,001,415,000
USE- OF FUNDS
Sep
1,177, 631,000
287,915,000
121,430,000
•Comprise sales of special series certificates and notes; certificates
sold to Adjusted Service Certificates Fund
and Unemployed Trust Fund,
and notes to Federal Old
Age and Survivors Insurance Trust
2
„
Sep
Total
99.905
1,004,665,000
12 years
*Average rate
A-1945
91 days
91 days
S 9-0 2
1,002,628,000
1,221,697,000
1,621,636,000
Type of
2
85,000
11,118,000
Canal Zone Retirement Fund, Alaska Railroad
Retirement Fund, Postal
Savings System, Government Life Insurance Fund, National Service
Life
Insurance
Fund, Federal
12,573,270,750
Comprised of three sepa¬
series, of which series E have 10-year maturity, are sold on a
discount basis at 75, and yield
2.90%; series F have a 12-year matur¬
ity, are sold oh a discount basis, at 74, and yield 2.53%; and series G
have a 12-year maturity, are sold at
100, and. bear 2V2% interest,
b Comprised of six separate
issues, designated Treasury notes of tax
series, A-1943, tax series B-1943, series A-1944, series
7,605,565,980
Sep
151,154,000
288,000,000
132,548,000
;
rate
92 days
fug 20
for
11,070,000
28,000,000
2
8,033,355,371
92 days
Wg 13
fug 1-30 Aug
Total
i
July—--—
Aug
IV2
123,154,000
2
100
57,687,000
1,142,651,000
1,247,105,000
10-12yrs.
,
li,070~()66
28,000,000
—„
Notes
2%
1,626,007,000
1,127,794,000
460,690,000
*0.374
July
92 days
92 days
July
+ 189,736,000
-
%
y
Yield'
'
*
516,085,000
162,224,000
■;
•
31,800,000
+221,536,000
326,349,000
September—.—
200,000
515,885,000
November—
%
1,963,427,000 100
30,208,500
2 years
Total for October—J
'
:"
Accepted
32,000,000
Total for October
*0.375
91
15
1-31
450,691,000
134,224,000
*0.375
28
1-31 Oct
147,691,000
11,077,000
*0.375
1,000,798,000
Oct
Oct
303,000,000
11,077^000
294,349,000
—
%
1,413,861,000
1,286,529,000
5,386,065,000
1,963,427,000
57,687,000
5,530,856,500
1,127,794,000
1,708,163,250
Oct
Oct
461,768,000
—.1——...
Certificates
Yield
$
1,185,062,000
6
Oct
Price
Accepted
C
'
days
Oct
Sep
158,768,000
August—.—
October—
91 days
91 days
-Oct
Oct .6
1943
.
Offered
for
139,064,417
Amount
Applied for
$
Oct
303,000,000
.
_
Total
Civil
STATES
UNITED
2
1,062,201,383 1,556,603,363 2,618,804,746
Amount
Oct
weekly /offerings of Treasury bills, Savings Bonds and
Tax
i
September-
Date
The Treasury in November did not do any special fi¬
37,910,000
"
■
Total for
Treasury Financing in November
were
——
200,711,420
•Revised.
nancing and its operations
July..'—
August—
Notes
—
for
90,000
•
'y,
months
■
—
Notes
December——
•
;—,—
1,839,291,000
■
...
Total
quarter
Nine months-,
Net Issued
6,966,487,000
380,373,444 1,035,660,652 1,416,034,096
July—
Third
1,145,881,441
$
Total
413,763,681
4,008,167,000
months„105,579,4G0,20S 43,691,503,000 61,887,957,205
by
Inc.;
Co.,
Co.;
Dempsey-Detmer & Co.; Clement A. Evans
Granbery, Marache & Lord; Green, Ellis &
Hallgarten & Co.; Hannahs, Ballin & Lee; Hill
J. H. Hilsman & Co., Inc.; Hirsch, Lilienthal &
Anderson;
July 7
July 14
92 day Treas, bills
92
day Treas.
July 21
92
day Treas. bills
July 28
July 12
July 1
July
July
92
day Treas. bills
Total
bills
Treasury Notes
U. S. Savings Bds.
Depositary Bonds.
Tax
for
Antic'n
July
Notes
1,001,757,000
1.000,411,000
1,003,796,000
1,002,819,000
2,707,264,000
&
804,717,000
803,925,000
197, 040,000
,
905,584,000
.
101, 066,000
The
Ross
2,707, 264,000
889,690,821
13,585,000
13, 588,000
&
Co.,
Stein
3,415,979,000
Co.;
Nashville Securities Co.;
& Co.; Alfred O'Ga^a
4,617,376,371
,
Newburger & Hano;
Abbe
Park-Shaughnessy & Co.; Patterson,
Inc.; Peters, Writer & Christensen,
414, 032,550
8,033,355,371
&
Newton,
889, 690,821
414,032,550
Johnson, Lane, Space and Co., Inc.; Ladenburg, Thal& Co.; Martin^jBurns & Corbett, Inc.; Marx & Co.;
Milwaukee
Co.;
Minsch,
Moneil & Co.; Mullaney,
mann
98, 212.000
901,753,000
Co.;
Co.;
.
196, 486,000
Inc.; .Reinholdt
Bros.
&
Boyce;
(Continued
& Gardner;
Walter
on page
& Co.; Otis & Co.i
Copelanip & Kendall,
Inc.;
Scott
Stokes
2509)
&
L,
F.
&
Putnam,
Stringfellow;/
Co.;
Thomas
>
W
o
o
W
M-
O
$
103,6950
90,834 3 25,80 12,85620
Refundi g 8,27 0 2,*5763
$
-1039
Capital
'Mf-*' -,.r-.;
■-
New
Total
Capital 16,0 0
Total
1 ,7340
575,0 0
.
New,
Total
$
:
82,3950 57,0 2,6450 3,80 750
13,50876 45,20 9,71,60
Capit l
$
9 ,0 0
4,580, 0 2,0 ,0
6,79,0
New
2,0 ,0 2,0 ,0
14,05910 9 9, 85 7,54,70
6,350, 0 28,954785
£*6 765
65,9310
2,0 ,0 2,0 ,0
14,05910 375,0 0 6,036,296
5,41,250 26,01 64
70 ,0 "2570 0
"io 7o6o
16,0 0
1,2 0, 0 49,320 2,5 0, 0 38,0 0 15,0 0 3,654,0
2,0 ,0
.1,7340
s
New
$
-194
9,871 Governmt.
Refundihg 1,8405 3,74,0 10,940 3,654,0
J
2,943.1 9 23,840 14,35.0 624,985 2, 09,40 *25^0 0
13,2075 1475,30*927460
■
1,952.0 19,502350 1.2 0, 0 62,57.50 3,0 ,0
1,294,0
575,0 0 - V.
45~0,6o "12*5",0
1,3290 24,89 10 23,150 30,4612-96 5, 92760 l6754l250 93,426
1,952,0 6,453,750 1.20. 0 40.687250 3,0 ,0
10, 0 3,0*48,60
29,35 0
13,04860 21,8405
57 ,0 -
50 ,0 0
'■$- 4,750, 0 12,50 0
17,50
2,0 ,0
2,0 ,0
Refundi g 3,650, 0 9,520, 0
13,70
I,To 7o 50 ,0 2,930, 0
4,580, 0
17,025 0 35,40 0 8,50 3765,0
14,950
30 ,20
38,91708 675*0, 0: * 750, 0 45,94281 17.025,0 35,70320
Refundi g 15,0 0 34,80 4,792,168 3*675,65
58,26718
30 ,20
8,94730 2^9(7,85
.
Total
.
$
Capit l
agency
*"
808,750
250 16,290x374,985 26,857
"456.0 0 "125,0 0
$
New
-1942
624,985
32,670 576*17 65 IMYOIo
2,0 ,0 82,39 50
Capit l 1,20 37,4950 2,50, 0 34,2530 4,906,0
68,42 ^ tFehoderfal
17,250 7,24,693 31,028693
1,5275 21,640375
231,9 0
s
19.72,860 103,6 10
360,876
Refundi g 13,70
1,52 ,50 6,2 ,075 9,52 0 ; 2,185,0 750, 0 6,907,5 "75o75 o
Refundi g 1,329,0 10,8350 2,750. 24, 50 375*9270
-1940
20, 9876 62,450 -17^06,3
$
—5942
4,69 ,57
3,2075
9 ,0 0
360,876
360,876
360,876
9 ,0 0 9 ,0 0
>,0 ,0
2,0 ,0
459,876
New
any
Total
$
14,950
4273TJ45 3,617,36
190,842
FOCREPIGNAT,
Capit l
New
SOUMFARY
NOGARENUFPWID
69,81543 106,72 0 15,4 30
Refundi g 58,26718 1,594735
$
$
Total
129,570 36,854360
$
—5943-
86, 283 307 2,70 3,617 36
Grand
Total
Other
Other Farm
Capit l 2,050
V
$
New
60 ,0
84,057832
29,36781 47203,125
86, 283
1,594375 15,0 .0 35,10320
"■750, 0
34, 9 06 2,05,0 60 ,0 0
165,2978 bStaoeyinsd NOVEMBR Notaesn-d —,;:.ectop,—rmanufctres acesorimanufctrig. . — htreoaldtcing, . Notaesn-d .—, —_:ecopt—r,manufcres!■ace_so.rimanufctrig— ;——. —htreoaldtcin.g,:—— —.ecto:pr,manuf_acesor.i—manufctrig etc.,—: htroealdticng.,"—; ;utiles.—;ecopt,manufct—.res oimanufctrig.—: etc.. Trahdoelidtnicngg.,,
NOVEMBR . boannodtedss :— sto>■c.k boannod-te—dss ., „ boannodtedss . !stock..! corpa—te:. Governm.t governmtGav—cie,s&-•Munictpal—Ses,Posei.n, . fudinncldooset
toal f•iTghuersees
OF Domestic- Long-termShort-emPrefstrocekdCom on Candian- Long-termShort-emPrefstrocekdComstocokn foreign- Long-termShort-emPrefredComstoockn
Can dian foreign Loaannd USntaiteeds
Corpate—
.
&
-1943
CHAR TE
12,0378 2,850 21,406
MONTH
12,47508
90,834 3
*-•
£i6 765o
Total
17,50 2,0 ,0 1:59,876
1,52 .50
76,84~o7l3 7.0 70 5,~o 76 1,"94TO
2,5 7,63
25,1690 152,70 2,750 25,1 0 576*17 0
s
Capit l 23,840 14,350
89,427 50
1,52 ,50 8,7 9,708 9,52 0 v 79,02513 750. 0 7,0 0 1,9075 2,7*4570
»-$
•
M35179,20864fromaunicpltdes FITSTONYCFUSOENIRVHHAPAREBRADSE
LFGATFOMOENRFIYVURAEHNIVAMCDPGTS,
Capitl
$
15,4830
4,69 57
BondsRailroad_s utiles sctoeall,,Equipment and indausntrdl bueildtncgs, : Itnrvuestsmn,Miscelanous BShoornt-Tdesm Railroads utiles—. sctoeall,,Equipment and indausntrdl beuiltdcn.gs, Itnrveustsmn,M:iscelanous Railroad—s. util.es. cstoeall,,Equipment and indaunstrdl buildngs, tInrvuestsmn,Miscelanous Railroads sctoeall,,Equipment and indausntrdl:. buildngs, "tnemsvItrus ,Miscelanous
OF Long-Term
MONTH
Public Iron, Motors Other Land, Rub er
Public Iron, Motors Other Land,
Ship ing
Stocks-
Total-
Public Iron, Motors Other Land,
Public Iron, Motors Other Land,
oil
a
cr
*
42,38410 31,675.0 50,64.30 124,7034
——5941- Refundi g s 29,35 0 -13,04876
.
B
tu
9,52,0 2,385,0 750, 0 2, 08, 0 *"75075
13,81350 31,6750 69,81763 23,0513
15,693 0 3,80,750
o
n>
cb
tT*
2,5 7,63
168,9431 42,0 0 52,9607
New
o
3
CL
■25 »—t
8,27 0
New
22961.3,,684405276375 42176183,,,83552709462
863^704 2,079,435
$
b
w
o
o
103,6950
"
$
Capit l $
59,4650 24,91 650
s
a*
'
10,465 70,25
Refundi g 65,9310 2,0 ,0 25,9 36 416,250
-1940
a
t—1
2,5 7,63
Total
231,9 0 2,0 ,0 26,45910 2,495,685
$
211289,4,500343
o
25
Refundi g $ 74,2*8 ^5 5,o" ~o756 5,o 7o 1,94760
-193
67,29516 8,91.89.1
15,4830 *1 *672 5 5,405,80
$
H-«
9,52,0 76,4 50 750, 0 7,0 ,0 7,208, 0 2,7456
Total
12,47508 25.80 60,95136
573 75 8 5,40 850
r
o
Pp
Total
>
O
>
t—j
to
<£>
Us.
CO
H ot ot u o
MC OC >rc
ot ot u 1-V < ot
ot (—t ot < ot u < ot u ot ot o £ U ot ot
MC >-u o
-
*
liO
reb uR -,dnaL rehtO srot M ,norI cilbuP
dna
tnemsvnI gnip hS
suoenalciM,sturt
reb uR ,dnaL rehtO srot M ,norI cilbuP
dna
—
,sgnidlub lairtsudni ,laoc -seitlu
_—
_
;
.
gnirutcaf m
-
'
.cte
•
■
;
—.cte
J
—
L
_
•
_
-
—
cte
dna
,gnidart
■
—i_
,sgnidlub lairtsudni
,st urt
seiro ca sreutcafnm .,repoc
.cte dna
,gnidart
,gnidloh
tnempiuqE,le ts sdaorliR —latoT latoT suoenalciM tnemsvnIgnip hS
,gnidloh
-gnirutcafm
.cte
_
—sreutcafnm
'
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dna
. cte dna
,st urt
seiro ca ,repoc
tnempiuqE,le ts sdaorliR
,sgnidlub lairtsudni
:—
,laoc
.
_
tnempiuqE,le ts sdaorliR -skcotS suoenalciM tnemsvnI gnip hS
seitlu
reb uR ,dnaL rehtO srot M ,norI cilbuP
^seiroca sreutcafnm
,gnidart
_
:
_
:
„
,gnidloh
—gnirutcafm
^
—
.cte
seitlu
,laoc
tnemsvnI gnip hS
mreT-tohS suoenalcsiM,sturt
,rep oc sdnoB
.
.cte
—
:
1
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,
—gnirutcafm
—setoN
0 , 02
—
:
edulcni
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sdnuf
;
RETCA H
924,0152 0 ,0 8 0 ,502 0 ,051 0 , 071 324,195 0 ,025 0 ,523 0 ,8051 0 ,18275 latipaC
S
0 ,0 5
ton
'
•
-
r"
detinU mraF rehtO naid naC
naoL
latoT
,snoiesPsetaS—lpicnuM tnemrvog tnemrvoG .etaropc
setaS dna ngierof
.tvoG
•
.VON
:
latot
.'' od
1
weN
356,7190 029,176 0 ,051 0 , 071 68,5 742 0 ,025 457,624 083,197 0 ,18275 41,59 8 356,7192 029,1764 734,597 .457,10 083, 2 0 , 52
serugif
.
dna
,gnidloh
—
es hT* dnarG
.cte dna
;
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11
dna
—
_
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tnempiuqE,le ts sdaorliR mreT-gnoL
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seiro ca sreutcafnm ,repoc sdnoB DE NE
,gnidart
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DNA setaS
597,8109 0 ,69801 0 , 71 ;012,"9574 ;0 ,025- 457,6241 01;53,72 0 ,39841
0 , 73 0 ,0 1 0 ,93.487 0 ,397 0 ,502 0 ,69801 0 , 071 0 ,5372 0 ,025 0 ,5231 0 ,78903 0,39841 latoT
.1
958,3641 0 ,5274 597,8697 012,9 31 457,10 01,8271 0 , 083
937,8906 61,4 61 0 ,4810 375, 63
55
WEN
:>
tnorf
0 ,04. 05,234 05,29.0 19,06385 0 ,02. 05,3 12 058. 451 079,4601 0 ,0 4
06,48109 0 , 871 00,59 0 ,5102 05,473801 63,19702 0 ,03 0 ,052 02,8159 0 ,91.2 latipaC
072, 82 07,36 0 ,0 1
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SRAEY
-931
Monday, December 20, 1943
THE COMMERCIAL & FINANCIAL CHRONICLE
2510
1
&
2,025,000 New York, Chicago
certificates,
due serially
,
&
Inc.
Co.,
,
Purpose,
from 0.90% to
Halsey, Stuart
1944-1958.
15,
Nov.
purchase of equipment.
Priced to /yield
according to maturity.
Offered by
2.40%
'
.
..%
,
' ■
•
1
.
•
.
blower
Electric Co. 1st mtge. & col¬
Purpose, refund¬
ing.
Price, 104.75 and int.
Offered by Estabrook & Co.;
Stone & Webster and Blodget, Inc."; Blyth & Co.,
Inc.;
The First Boston Corp.; Kidder, Peabody & Co.; Lehman
Brothers; Mellon Securities Corp.; Union Securities Corp.;
Paine,
Webber, Jackson & Curtis;
Whiting, Weeks &
Stubbs, Inc.; Putnam & Co.; Bosworth, Chanute, Loughridge & Co.; G. H. Walker ■& Co.; Chas. W. Scranton &
Co.- Brown, Lisle & Marshall; Herbert H. Brooks & Co.;
MacColl, Fraser & Co,; Miller & George, and Richardson
*<is 000 ' 000
'
&
■%%
Clark.
&
series due 1973.
trust bonds 3%
lateral
&
Gas
Vallpy
$11,300,000 Blackstone
Southern Colorado
Offered
int.
Power Co. 1st mtge. bonds,
&
Bonner
& Co.;
M.
&
Co.;
Riter
V
,
;
Dain
&
&
Co.;
Inc.; Chace, Whiteside & Co.* Inc.;*
Clark, Dodge & Co.; Coffin & Burr,
Courts & Co,; Cruttenden & Co.;
Davis, Skaggs & Co.; Dewar, Robert¬
Co.;
Hallgarten
Inc.% Harris,
Hall
&
Co.;
Hewley,
Ripley
Harriman.
Inc.;
Co.,
&
&
Co.,
&
Shepard
Hayden, Miller & Co.; .Hayden, Stone & Co.;
;
,
Co.;
Hemphill,
Noyes & Co.; J. J. B. Hilliard. & Son; Hornblower &
Weeks; W. E. Hutton & Co.; The Illinois Co. of Chicago;
Kalman
&
Co., Inc.; Kebbon, McCormick & Co.; Kiddgr,
Co.; Kirkpatrick-Pettis Co.; Laird, Bissell &
&
Peabody
C. Langley & Co.; Lazard Freres & Co.; Lee
Corp.; Lehman Brothers; Laurence M. Marks
E. Masten & Co,; McDonald-Coolidge & Co.;
Securities Corp.; Merrill Lynch, Pierce, Fenner &
Beane;
Merrill,
Meeds;
Tire
Rubber
&
shares of 4% %
65,000
Co.
preferred
Co.
stock
(par
$100).
Hornblower & Weeks; Kirkpatrick-Pettis Company;
Paine, Webber, Jackson & Curtis and Wheelock & Cum¬
mins, Inc.
.%%. .%■J
Evans
&
Inc.,
Co.,
and
& Co.;
Stanley
Murch
&
The Milwaukee Co.; Moors
F. S. Moseley & Co.;
Co.;
&
H. Newbold's Son & Co.;
& Co.; Newton, Abbe & Co.; Pacific Co.
Paine, Webber, Jackson & Curtis;.* Perrin,
'West & Winslow, Inc.; Arthur Perry & Co., Inc.; Peters,
•
"
i
Turben
Margan
H.
Co;;
W.
Cook
of California;
;
.
& Christensen, Inc.; Putnam & Co.; Rauscher,
& Co., Inc.; Reinholdt & Gardner; Riter & Co.;
Robinson-Humphrey Co.; E. H; Rollins & Sons, Inc.;
F. Ritschild & Co.; Earl M. Scanlan & Co.; Sehwa-
Writer
Pierce
>'•''
*
The
.
L.
bacher' &
,;
■-(.
Chas.
Co.;
Scranton
W.
&
Shields & Co.;
Co.;
Sidlo, Simons, Roberts & Co.; Singer, Deane. & Scribner;
Smith,
Jaffray & Hopwood.
Piper,
Cabot;
Newhard,
,
Union
Securities
Corp., • Mitchum, Tplly & Co.; R. S.
Dickson & Co., Inc.; Hayden, Miller & Co,; McDonaldCoolidge & Co.; G. H. Walker & Co.; Coffin & Burr, Inc.;
Hallgarten & Co.;vMilwaukee Co.; Putnam & Co.; Bacon,
Whipple & Co.; Baker, Weeks & Harden; Clement A.
•
.
A.
Maynard
W. E. Hutton & Co.;
(Inc.); Hornblower & Weeks;
Co.;
&
cumu¬
Purpose,
'
W;
Higginson
refunding
($2,296,875), construction etc., *($4,203,125).
Price, $101
per share and div.
Offered by Kidder, Peabody & Co. ;
Lehman
Brothers;
First Boston
Corp;
First Cleveland
Corp.; Goldman, Sachs & Co.; A. C. Allyn and Co., Inc.;
Eastman, Dillon & Co.; Glore, Forgan & Co.; Harris, Hall
series due
I,:
Co.,
Co.;
Mellon
lative
;
&
& Torrey;
&
Hall
;
RUBBER
Purpose, refunding.
Price, 102 and
Harriman Ripley & Co., Inc.; Blair,
Eastman, Dillon & Co.; Glore, Forgan &
new
Corp.; Glore, Forgan & Co.; Goldman, Sachs & Co.; Gra¬
ham, Parsons & Co.; Cranberry, Marache & Lord; Wesley
&
$6,500,000 General
». '*
with
Hardgrove; The First Cleveland Corp.; First of Michigan.
.t:
$38,391,081
.
comply
represent
Pancoast; Dillon, Read & Co.; Dominick & DomiEastman, Dillon & Co.; Equitable Securities Corp.;
Estabrook
&
Co.; Farwell, Chapman & Co.; Ferris &
Co.;; Tucker,
&
Republic
Clark
Cohu
M.
son
Maynard H. Murch & Co.; Otis & Co.;
Laurence
to
nick;
& Co.; Hayden, Miller
Marks & Co.; Merrill,
Shepard
Hawley,
Co.;
W.
J.
1.
.
Co.;
*
Corp.;
stock
Purpose,
.
not
& Co., Inc.; Biddle, Whelen & Co.; Blyth &
George D. B. Bonbright. & Co.; Alex. Brown &
Brush, Slocumb & Co.; H. M. Byllesby & Co. Inc.;
Inc.;
Anthony & Co.;
G. H. Walker
Co.; Ball, Coons & Co.; Geo. D. B. Bonbright & Co.; E. W. Clark & Co.; J. M. Dain & Co.; H.
L. Emerson & Co., Inc.; The Milwaukee Company; Moore,.
Leonard & Lynch; W. H. Newbold's Son & Co.; The Ohio
Company; Piper, Jaffray & Hopwood; Chas. W. Scranton
& Co.; Stroud & Co., Inc., and Yarnall & Co.%
' ' '
,
by
Co.;
E.
Paine,
Beane;
Janney
Reynolds
1968, 3%%.
1,
Nov.
&
Fenner
Co.;
&
5 500,000
Pierce,
Turben
%%%,%.%
1st mtge. bonds 3Va% series due 1973.
Purpose,
refunding.
Price, 103.464.
Placed privately
with Metropolitan Life Insurance Co., The Northwestern
Mutual Life Insurance Co.; John Hancock Mutual Life In¬
surance Co.; Massachusetts Mutual Life Insurance Co.; The
Penn Mutual Life Insurance Co.; The Union Central Life
Insurance Co.;
New England Mutual Life Insurance Co.;
Provident Mutual Life Insurance Co, of Philadelphia; Re¬
liance Life Insurance Co, of Pittsburgh, Pacific Mutual
Life Insurance
Co.; Connecticut General Life Insurance
Co.;
The Connecticut Mutual Life Insurance Co., and
Aetna Life Insurance Co.; Blyth & Co., Inc., and Lazard
Freres & Co, acted as agents in the sale of the bonds.
Lynch,
does
and
Inc.;
Central
McDonald-
Co.;
SEC
Becker
G.
Co.,
Sons;
& Curtis; Spencer Trask & Co.; White,
Dean Witter & Co.; Curtiss, House & Co.;
& Co.; Field, Richards & Co.; The First
Co.;
Clark
Cleveland
Co.
Power
Idaho
A.
Jackson
&
Fahey,
'
■■
Merrill
Webber,
&
&
Barney
of
Offered by The First Boston Corp.; Boettcher
and Co.;
Bosworth, Chanute, Loughridge & Co.; A, C.
Allyn & Co, Inc.; Ahnstedt, Brothers; Auchincloss, Parker
& Redpath; Bacon, Whipple & Co.; Baker, Watts & Co.;
Co,; Shields & Co.| Clark, Dodge & Co.;
Dillon & Co.; Hemphill, Noyes & Co.; Horn¬
Weeks; W. E. Button & Co.; Kidder, Peabody
&
Co.;
Weld
by •'Smith,
order
financing.
&
Eastman,
UTILITIES
PUBLIC
Offered
div.
Coolidge
;
$20).
Price $25 per share.
Cities Service Power & Light Co.
(par
by
divestment
4,500,000 Thompson Products, Inc. 45,000 shares of 5% cumulative
preferred stock (par $100).
Purpose, refunding ($2,694,300), working capital ($1,805,700).
Price, $103 per share
,
and
£1*7,025,000
sold
$64 per share.
1
St. Louis RE. 2%% equipment trust
Co., and Wyatt, Neal & Waggoner.
stock
Squibb & Son 44,799 shares of common .stock (no
Purpose, pay bank notes, working capital.
Price,
Offered by Union Securities Corp.; Harrriman
Ripley & Co,, Inc.; Merrill Lynch, Pierce, Fenner &
Beane;
Hornblower & Weeks; Kidder, Peabody & Co.;
Harris, Hall & Co. (Inc.); Glore, Forgan & Co.; Clark,
Dodge & Co,, and Eastman, Dillon & Co.
'
'
2,867,136 E. R.
par).
(Continued from page 2507)
Watkins, Morrow <te Co.; Weil & Co., Inc.; Wertheim
Co.;
White, Hattier & Sanford; Woodard-Elwood &
Co.;
Barney
weather
&
&
Co.;
William
Co.;
Stein
Bros.
&
R.
Staats
Stark¬
Co.;
Boyce;-Stern
Brothers
&
.
*600,000 West Coast Power Co. 1st mtge. bonds, series B 4%, due
June 1,
1963.
Purpose, liquidating dividend.
Price, par
and int.
Sold privately to Provident Mutua/Life Insur¬
MISCELLANEOUS
$750,000 Chicago
f
Co.
ance
20-year 3%
of- America
Co.
*$84,000,000 Aluminum
MANUFACTURING
AND
debentures, due
.
expended for capital
expenditures, working capital.
Placed privately with six¬
teen insurance companies through Mellon. Securities Corp.
Purpose,
1963.
'
-
priced
series
V
&
of
stocks
ferred
computed
a
$250,000 All
no
,
dividend cumula¬
Purpose, refund($6,000,000), iworking capital, ($20,222,805).
Price,
per share.
Offered in first place to common stock¬
&
preferred
one
stock.
%
NEW
&
W.
Co.;
Schwabactyer
Scranton
&
&
Co.;
Scott
Shields &
Co.
share.
per
&
Co.;
Stringfellow;
Spencer Trask
Corp,
5%
cumulative preferred stock
(par $100),
Purpose, refunding.
Price, $102-per share.
Offered by Almstedt Brothers; Urban J. Alexander Co.,
Inc.,
and
O'Neal Arden &
Co.,
Inc.
Lynch,
Pierce,
Fenner
&
Beane;
Hornblower
&
Weeks;
Kidder,. Peabody & Co,; Harris, Hall & Co. (Inc.); Glore,
& Co.; Clark, Dodge & Co., and Eastman, Dillon
&
Co.
Wisconsin
The
First mortgage bonds 33a%
Price,
Boston
interest.
and
Corp.
Snowdrift
&
stock
Co.
(no
and
Harriman
shares
5,000
-
par),
placed
(Indicates
privately.
Of¬
v
Ripley
Price,
of
$78
$4
per
con-
share.
Beane.
special
offerings,
Auction Sales
40
(par
Barney
:/%
Smith,
Offered, by
.
•
int.-
Offered
by
Amott,
;
•
Smith,
Trust
Drive
Automatic
$25).
&
$i
for the lot
$4 for the lot
$1 for the lot
10
Phila.
&
Assoc.
Gas &
Elec. Co.,
class "A-'v--,-—SI for the lot
300
\
Sub.
CompanyX%H:_i__^-;i_^-__& Transmission Co.'%U4%-
48
Assoc.
Gas
Elec.
class "A"„l—
2
Assoc.
Gas
&
Elec.
83
Assoc.
Gas
&
Elec.
Co.,
&
Elec.
Co.,
&
Guarantee
Mtge.
Co.,
Co
$3 for the lot
.
of capital stock
Originated with
1
Assoc.
Gas
36
Baker & Co.,
Assoc.
Gas &
Price,
Inc.
Assoc.
Gas
&
Elec.
42
fixed
39'/2
Co.,
Elec. Co.,
Assoc.
Gas
&
Elec.
29
(2%%
Drueding
"A"___-—-—
class
20
common.,. -.-.-—-
$1 for the lot
SI for the lot
Co.,
—
class
$1 for the lot
—
common
SI for the lot
"A"
class
common-:—S21 per share
"B"
common—
Trust Company-—-—,————
Industrial
Norris
Ice Mfg.
Market,
-
$1 for the lot
class "'A"——__
Central Zone Property Corp., v.t.c.,
50
$1 for the lot
common___.__-.
Co.,
Co.,
Bros.
80
Tobacco Co. 2,600 shares of common
Price, $64 per share.
Originated with
Co.
-■
%
V / ' ■
Myers
&
Barney
STOCKS
-
Integrity
400
&
(par
jPhiladelphia:
Transacted by Barnes & Lofland,
Co. 12,100 shares of common stock B
$5714 per share.
Offered by Smith,
Tobacco
$4 for the lot
S3 per share
$35 for the lot
& Cold Stge
BONDS
.
Marion Center Coal Mining, 7s c/d
$50,000
of Colorado 875,000 shares of common
21,875,000 Public /Service Co.
—
$101 for the lot
,
Bank
We also
give below
ended Dec. 2,
which
Glearings For Week Ended Bee. 2
our
tabulation of Canadian
we were
CANADIAN
BOND
-■
1943
.
ENDED DEC. 2 FOR FOUR
Dec.
174,173,308
200,194,556
—13.0
>—4—2,
Winnipeg
.
168,097,014
32,378,389
61,845,964
Quebec..—
7,661,942
4,592,295
y
■V- -'r* :
Halifax
.
tlv
Hamilton
Calgary
Vi!:toria
2,053,981
-
v
•
69,840,213
25,187,629
07,022,649
50.7
;+
%
+
26.6.
+ 30.8
"
■
.
'%
7,803,888
+17.7.% %
11,555,457
7,307,702
+
v
•
Lethbridge
Saskatoon
William
1,290,444'
1.0
1,192,672
404,307
-18.7%. %'
502,426
1,132,416
1.556.384
...
—j,.
Windsor
725,550
677,872
1,560,283
870,968
—
Kingston
■
■
1,147,784
+24.3
,
.1,267,709.
1,000,695
'
•f21.6'*'
5,163,218
*1,600,000
Albert
Moncton
—
1,506,328
1,126,394
....
;
926,404
1.018.849
5,097,834
Peterborough
4,944,463
5,926,119
,
474,835
608,723
,
.
—11.1
970,170
...
'%.
■'%% " 552:271- •
626,540 ,'.+ 15.3 '
+ 12.0
%%.
..r. 841,438
: 696,515
■' + 16,6 "■ %'%, 1,994,517 ;'%
2,145,971
+
8.4 "
'."910,634
%
1.004.848
1,282,334
Hat
Kitchener
,
1,329,501
Westminster
.'Sherbrooke
58.1".
1.269.383
'
New
%2,167,837
% ,3,338,623 .%%
6,416,402 ;'%;
6,355,266 %%;
' [
1,181,458
Brantford
Fort
,
1,089,520
——.
%2,238,.748
1,974,740
3,445,563
,
2,502,327
Jaw
Moose
722,226
942,664
% 6,948,393
2,532,090%'%
;
%-
2.2%:
—
9,181,617
Brandon
7,975,801
%
'
2,100,971
3,382,039
Edmonton
——
3,947,705
8,523,187 % %
8,533,388
3,783,093
Begina
52,909,695
6,349,526
'
%
%' .5,028,155
%'•
;
London
■
20,675,225
*
6,887,128
'
3.3%.
—21,7
'2,347,568
———.
171,500,645
+11.6
.
''8,870,851
3,071,636
.
John
6,868,313
'4,447,106
9,883,100
'
7,739,167
11,231,624
,
3.1
+
—
■
—i_——1___
Ottawa
■
+27.5
77,364,770
33,429,223
.78,856,282'
116,549,410
—
S
173,266,842
144,433,998
62,533,141
.'"%':
—12.5
147,165,140
__
Vancouver
1940
$
171,796,922
%
$
"*■-
.
YEARS
1941
Inc. or
1942
$
Toronto
Montreal
v-
.-
FOR WEEK
CLEARINGS
Canada-
St.
week
week, as they
Clearings for the
Bank
obliged to omit from our issue of last
not received in time.
were
Prince
4,501,140 E. H. Squibb & Son 42,868 shares of $4.25 cumulative
preferred stock, series B (no par).
Purpose, pay bank
notes.
Price, $105 per share and div.
Offered by Union
Securities
Corp.; Harriman Ripley & Co., Inc.; Merrill
Forgan
issues
con-
& Co. 52,957 shares of common stock (par $10).
Price, $12.50 per share.
Offered by F. Eberstadt & Co.
stock
300,000 Peaslee-Gaulbert
Co.,
Co.;
Weld
,*%■•;
-
Offered
767,877 Elliott
r
Co.
Bond
Oil
Shares
Iron Works Corp. 16,000 shares
(par
$1).
Price,
$16%
per
share. '
Hemphill, Noyes & Co.
(166,400 Liggett
*
Blodget,
Bankers
4%
of
...
Medicine
Inc.;
Inc.;
&
White,
Co.;
Co.
•
"Indicates
Myers Tobacco Co. 7,020 shares of common
stock B (par $25).
Price, $65V2 per share.
Originated
.with Smith, Barney & Co.
:
Stein Bros. & Boyce; Stix & Co.; Stone & Webster
&
$31,149,987
%
$56
Price,
(459,810 Liggett
Corp.;
Yarnall
Securities
Walker
for
share
share.
Co.;
1970.
1,
First
4
Inc.; Stroud & Co., Inc.; Swiss American
Tucker, Anthony & Co.; Union Securities Corp.;
H. C. Wainwright & Co.; G. H. Walker & Co.; Watling
Lerchen & Co.; White, Weld & Co.; Whiting, Weeks &
Stubbs, Inc.; The Wisconsin Co.; Dean Witter & Co., and
and
shares
$25 per share.
(98,250 Bath
and
The First Boston Corp.; First
of Michigan Corp.; Glore, Forgan & Co.; Goldman, Sachs
& Co.; Hallgarten & Co,; Harriman Ripley & Co., Inc.;
Harris, Hall & Co., Inc.; Hawley, Shepard & Co.; Hayden,
Miller & Co.; Hayden, Stone & Co.; Hemphill, Noyes &
Co.; Hornblower & Weeks; W. E, Hutton & Co.; The
Illinois Co. of Chicago; Janney & Co.; Kebbon, McCormick
& Co.; Kidder, Peabody & Co.; Kuhn, Loeb & Co.; Lazard
Freres
& Co.;
Lee Higginson Corp.; Lehman Brothers;
Carl M. Loeb, Rhoades & Co.; Laurence M. Marks & Co.;
McDonald-Coolidge & Co.; Mellon Securities Corp.; Merril Lynch, Pierce, Fenner & Beane; Merrill, Turben & Co.;
The Milwaukee
Co.;
Moore, Leonard & Lynch; Morgan
Stanley & Co.; Maynard H. Murch & Co.; Newhard, Cook
& Co.; Paine, Webber, Jackson & Curtis; Piper, Jaffray &
Hopwood; Putnam & Co.; Riter & Co.; E. H. Rollins &
Chas.
r
2,540 shares of common stock
per
share.
Originated with
Rolling Mill Co.
Price,
$63%
&
Co:; Field, Richards &' Co.;
-
&
&
Stubbs,
&
H.
FINANCING
10,000
952,000 Fuller Building Corp. 1st mtge. 4%
bonds
interest, 1%% income interest), due. 1949.
Co.; J. M. Dain & Co.; Dillon, Read & Co.; Dominick
Dominick; Drexel & Co.; Eastman, Dillon & Co.; Esta¬
& Co.; Fahey, Clark & Co.; Farwell, Chapman &
Inc.;
Weeks
July
The
by
390,000 Wesson
•' %•"V '%'%•'
v%
.
Price,
$25).
brook
Sons,
Union
Co.;
G.
Inc.
Co.,
$25).
Price,
Barney & Co.
each five
common
shares held at $105 per
Unsubscribed
shares (196,126) offered by Smith, Barney & Co.; Adamex
Secur. Corp.; A. C. Allyn & Co., Inc.; Bacon,-Whipple &
Co.; Baker, Weeks & Harden; A. G. Becker & Co., Inc.;
Blair & Co., Inc.; Blyth & Co., Inc.; Alex. Brown & Sons;
H.
M. Byllesby & Co., Inc.; Central Republic Co., Inc.;
Clark, Dodge & Co.; E. W. Clark & Co.; Curtiss, House
&
';
Inc.
Aviation,
(par
-V-
/
$26,222,805 Dow Chemical Co, 309,741 shares of $4
tive preferred stock, series A (no par).
of
&
692,725 American
.
ratio
York.
preferred
Blyth
by
MANUFACTURING
AND
Co.,
Co., and Yarnall & Co,
due
fered
1943, due April
1,
Dec.
Co.
Price,: $108.75 per share and div.
Offered—34,000
offered in exchange to holders of cumulative pre¬
stock 5.10%
series A, of which 30,968 shares so
exchanged.
Balance
(3,032 shares) offered by Mellon
Securities Corp. and The First Boston Corp.
in
dated
REPRESENTING
NOT
$25).
ferred
holders
series,
336,000 American Tobacco Co. 6,000 shares of common stock
shares
ing
1,
dated Dec.
0.90%,
New
American
(par
ing.
$105
agents,
Co wen
$303,200 Pennsylvania Electric Co. 3.032 shares of cumulative pre¬
ferred stock, 4.40% series B (par $100).
Purpose, refund¬
INDUSTRIAL
&
Co.;
Wertheim
Co.;
&
Whiting,
&
&
5,000,000 San Diego Gas & Electric Co.
deben-
consolidated
Banks
Lerchen
Co.;
Elwood
ISSUES
AGENCY
•
PUBLIC UTILITIES
OTHER
Credit
$25,000,000 0.75%,
"161,925 American
-
;
$22?875,000,
vertible
•O
stated par value are taken at par, while pre¬
par value and all classes of common stock are
at their offering prices.)
&
$129 570 000
V.,
:■
of
GOVERNMENT
Intermediate
1944;
fiscal
/.. *
f
stocks
Anthony
Wainwright
by Merrill Lynch, Pierce, Fenner &
.
ETC.*
Curtis.
[Preferred
AND
1, 1944.
Purpose, refunding, ($42,420,000), new money,
Price, pkr. * Offered by Charles R. Dunn,
($22,850,000).
refunding.
to yield from
Bond
&
C.
preferred
due Nov. 1944 to Nov. 1, 1963.
Price, Series L. to U. due 1944-1953
1% to 2.80% according to maturity,
due 1963 at a price of 105 and int;
Offered by
Goodman, Inc. and Paine, Webber, Jackson &
to
Tucker,
Co.;
II.
Offered
] v:
Bishop of Portland (Me.) 1st mtge, 3V2%
L.
series
bonds,
Purpose,
LOAN
ISSUES
BUILDINGS,
&
Corp.;
yertible
-
$3,675,000 Roman Catholic
Trask
1943, due Sept.
■1,
$88,850,000
LAND,
Stroud
Inc.;
Co.; Dean Witter & Co.; Harold E. Wood & Co.; Woodard-
*25,000,000] 1944;
Purpose,
Co.
&
Blodget,
22,875,000ftures, $17,395,000 0.80%, dated Dec. 1, 1943, due June 1,
'
Yarnall
V
& Co.
17,395,000] Federal
;
sinking fund bonds 4%% series, due
refunding.
Price, 102V2.
Offered
by Stone & Webster and Blodget, Inc.; Biddle, Whelen
& Co,; Blyth & Co., Inc.; Bosworth, Chanute, Loughridge
& Co.; Alex. Brown & Sons; E. W. Clark & Co.; Drexel
& Co.; Graham, Parsons & Co.; Kidder, Peabody & Co.;
Lee Higginson Corp.; W. H. Newbold's Son & Co.; Paine,
Webber, Jackson & Curtis; Union Securities Corp., and
;
of
Purpose, purchase
working
loans,
bank
pay
consolidated debentures,
series
A-1944, dated Dec.
1, 1943, due June 15,
1944.
Purpose,
refunding.
Price,
par.
Offered
by
Everett
Smith, New York fiscal representative.
4,500,000 York Corp. 1st mtge.
1958.
shares
60,000
Inc.
and
Reynolds
FARM
serial mtge (4.50, 4.75, 5%) mtge.
Purpose, pay
1st mtge 4Vz.%
notes
($292,168), working capital, ($57,832).
Price, 101
and int. to 102 and int. according to maturity.
Offered
by Loewi & Co,';"
'-%':'%'<%:;%%..".•
.%%%•'%
1,
Lines,
par value.
no
Webster
Watling,
equipment,
$64,300,000 Federal Home Land Banks 0.85%
350,000 Automatic Products Co.
bonds,
due
1944-1953.
Oct.
Air
&
Inc.; Sullivan & Co.; Townsend, Dabney & Tyson; Spencer
-loans
bank
repay
Southern
Stone
capital.
Price,
$12.50 per share.
Offered by Kebbon, McCormick & Co.;
I. M. Simon & Co.; Hornblower & Weeks; Courts & Co.;
The
Milwaukee
Co.;
Equitable
Securities
Corp.,
and
'
INDUSTRIAL
&
stock (v.t.c.)
common
of
$35|400,000
OTHER
Co.;
464,500
•"••
•
869,612
...
1,827,567
901,108
1,107,910
.
%
990,836
757,986
392,772
716,849
+11.1
851,022
3.3
1,539,672
1,338,596
—
.
1,042,586
+
■
1.3
4,442,654
3,502,923
+
7.0
643,278
483,083
+
2.5
1,386,165
1,073,221
—24.1
935,484
'756,482
743,401
Chatham
874,906
844,929
3.5
897,806
Sarnia
850,642
625,869
+ 35.9
599,631
582,365
526,548
1,284,754
—59.0
1,265,543
1,048,306
633,535,157
617,567,466
2.6
577,029,850
515,727,944
_
Sudbury
Total
(32
cities)
—
/
-
+
+
(
'/•
■.
i..
■
i
Volume
158
Number 4239
.
THE COMMERCIAL & FINANCIAL CHRONICLE
Redemption Calls and Sinking Fond
first
Below will be found
and
list of corporate
a
called
stocks
common
due
Railways Corp. AVu'/o, bonds due 1953—-
Arkansas. Power & Light
r
' Y
Co.—,■
and
1
Atlantic Gulf & West Indies SS. Lines—
5% collateral trust bonds due 1959-——.
Name of Company
2246
Y
■
'
;
-
American Bank
2247
due
American ..National
1822
Quarterly
Babylon Nat'l Bank
Baltimore
.
1
Commonwealth
Edison
Co.,
'
New
York
of
Port
Class
2359
B
Co.
2359
31
2249
series I—--Dec 28
;i7:
Calvert Bank
of
3
3
3
3 V2 %
(Wilson,
N.
&
Trust
National
(Portland,
City National Bank
Me.) (s-a)
—
& Trust
iPhila.)
Y
•
City National Bank & Trust (Kansas City)
Citizens & Southern Nat'l Bank (Ga.)
,■
Extra
1
1
1134
1
1134
Indiana County—
;,
(Pa.)
Semi-annual.
1
2254
County Trust
1279
Crocker First
Sixth Avenue purchase
mtge..5%
Park
&
6%
•
;
»
Extra
1939
Fidelity
1860
•First
1939
Shell Union
Oil
Oil
Extra
1736
.1
1736
2365
Corp., 15-yr. 214%; debentures due 1954-Jan.
Corp., 214%
,
debentures due 1961-—-Jan
1st &
629
Skinner Boulevard
First
First
18-year 2?a%
South
Oil
Co.,
Memphis Land
Vii -3%
bonds dated
;
1941—
Southern
Colorado
1st mtge,
V'
:
Power Co.Y
.
"-
National Bank
Fletcher Trust
2260
Extra
(Phila.)
Trust
(N.
Harris
Suburban
1st
General
mortgage
Trust
■
1,
1863
2
1943
—:Jan
bonds—
1
1864
.Jan;
.1
27
1772
prior preference stock—Dec''22
2197
Tubize
Chatillon Corp.,
United
6%
Public
Utilities
collat. trust
conv.
7%
preferred stock———Apr
United
series
West
York
A
Ohio
&
5%
7%
cumul.
1st mtge. 5s, due
1
1864
1
6s due 1947
Extra
,
-
——
Apr
-
___.
(Chicago)r—
Y-—■
Orleans)
1
_
Y
__
_
_
1
2298
2198
12-17
12-
12-31
12-20
$1
12-23
12-20
(quar,20c
__Y___,-_Y___:':'
4c
12-31
(Ontario)
-
-
-
(s-a»
(Wilmington, Del.)
(quar.)
_
I.
Bank
Newark
(Mobile)
Trust
Bank-
Brainard
6%
4-
1
12-
$4
1-
3
12-21
1-
3
12-22
1-
3
12-15
12-31
12-27
1-
3
12-31
$3.00
1-
3
12-31
$1.75
2-
1
1-20
1-
3
12-20
$1
1-
3
12-10
1-15
12-15
(qu~ail)_
J.) (quar.)
(quar.)
(Roanoke, Va.) (s-a)
Bank
of
of
Detroit
!
&
Trust
1-3
12-29
1-3
12-18
50c
1-
3
12-15
50c
7-
1
6-15
1-
2
12-15
1-
$.3
2
12-15
50c
12-22
12-15
12-22
$1.50
1-
12-15
Marine
North Side Bank
Bank
(Wash,
C.)
(s-a)
(Bait.)' (s-a)__^
& Trust
(Phila.)
_i
(s-a)__
12-30
1-
12-23
12-13
12-28
12-20
1-1
12-15
5c
12-22
12-15
1-3
12-20
40c
pfd.
1-
1-3
12-14
31140
(quar.i___
(quar.i
preferred
1- 3
12-23
1-
12-27
$1
Tungsten
Canadian
12-20
12-29
12-15
$1.50
(quar.)
1-3
33c
12-24
Industries,
1
B
Canadian Pacific
1-3
12-15
$iy4
1-
3
12-15
$1
1-
3
12-24
1-
3
15c
2-
8
2-15
2-
8
il5c
1-15
12-31
t$l y2
12-27
12-16
:'$$1V2,
12-27
12-16
A__yY
4%
non-cum.
•
pref.__
2%
General
W.)
(J.
Chain
50c
12-28
12-17
Chemical Fund, Inc.
10c
12-28
3
12-24
3
12-24
37V2C
1-
3
12-18
1-
3
12-21
$2 Va'
1-
2
2-
1
$1
12-20
-
1-15
Century Shares
Store
Coca-Cola
90c
CO
12-31
12-31
12-24
f
1-
3
12-28
12-30
12-18
(resumed)
__
Bottling (Del,
Cochenour
Colonial
Columbus
Willans
Gold
Foods
Connecticut
(N.
Fire
class
Mines,
$1.50
1-
4
12-15
12-24
12-18
12-23
12-15
A
Life
3
12-27
12-20
12-20
1-1
12-15
12-28
12-
9
12-27
12-18
12-10
12-
62yac
(quar.)__
12-27
12-15
12-27.
12-15
1-15
12-20
$1.25
Ltd
i'3c
$1.25
12-
3
3
20c
(quar.)
12-17
12-10
12-
75c
preferred (accum.)
12-24
25c
(irregular.)
General
1-
l»-30
2-15
$5
$15
Connecticut
Special
12-21
7c
25c
Extra
$2
12-31
1-15
30c
_*
Insurance
1-15
12-23
25c
(liquidating)
H.), 7%
12-22
10c
Utilities
Concord Gas
1-3
50c
__L_-
Finance
75c
12V2c
(year-end)
1.
12-21
12-22
5c
___Y
Yards
Extra-—
12-21
12-30
12-30
15c
Yy
Stock
Clayton & Lambert Mfg.
Colonial
$3Va
Corp.
(year-end)
Chicago Times
12-8
12-21
12-31
75c
.
(year-end)
Investment
Union
12-24
1
12-31
37Vac
(s-a)
Chesapeake & Ohio Rv. (extra)
Chicago & Southern Air Lines.
Cincinnati
1-
12-14
15c
'
(Bait.)
(annual)
Co.__.___Y-:
Trust
12-1
10c
___\
Associates.
12-15
1-
(year-end)
Cayuga & Susquehanna RR.-
12-31
12-31
1-3
17!/2%
Corp.
12-15
2-1
50c
Co.____
Ag^irre
12-30
17-'/2%
(final)
(final).
Carter
12-24'
1-26
75c
ordinary
12-15
J$3.50
Carpel Corp. (quar.)
Carreras, Ltd, A ordinary
Carriers &
3
2-15
Products Corp, cl. A (quar.)
_';J37VaC
Capital Administration Co, Ltd.—
$3 preferred, series A (quar.)___
12-31
1-
12-20
1-
Ltd.—
class
Ry.,
Republic
60c
12-17
15c
•
•
Insurance
12-20
12-17
10c
Investments,
Central
12-17
3
-|50c
Registered (quar.)
Central
1-
$1.50
Corp
General
Canadian
Class
12-20
12-20"
1-15
35c
:
12-29
12-29
t32'/2C
pfd. (quar.)_
Canada Starch, common...
7%
preferred '(s-a»__
Central
12-20
3
12-14
15c
$1.30
5% preferred (quar.):
Business Systems, Ltd, common
(quar.)_-_i
6% preferred B tquar.)_
12-24
12-30
3
10c
12-20
12-30
2
12-15
$5
Investing Corp. (year-end)
Durrell, common (quar,)_________
&
3
(Cincinnati)-—
semi-annually
Northeast Nat'l Bank
D,
1-21
50c
$1.50
preferred (quar.)___YY_—______
12-31
$1
Capital Bank
1-20
40c
(quar.)
20c
$1.50.
8
1-10
1
25c
Extra
B
12-
2-1
2-
Canadian Silk
$iv2
Co.
(s-a)
'
-'
Street
Callite
50c
:
Germantown
12-1-5
50c
___
9
12-29*
20c
2nd
Brown
9
12-18
1-15
$4
Cordage, Ltd,
1st
Broad
12-
12-24
50c
Bridgeport Gas Light Co
/—___YiY—
British Columbia
Telephone-—
v
'
'
6%
12-18
12-18
12-28
35c
$1.25
Yards
Steel
6
25c.
________
(quar.)
(quar.)
Botany Worsted Mills,
12-16
$1
(N.
(year-end)
(year-end)_„____.__„Y__Y
25c
(Providence, R.
Trust
Bank
Mfg,
__Y___
Stock
1-
$1
(year-end)
Inc.
12-31
40c
(accuin.i
(resumed)—
75c
—
Y.)
12'Yc
t.
Corp.—
Aircraft
Bourbon
3
$$1.25
(irregular
Special
3
20c
&
Co,
Boston Insurance
1-
$3
(quar.)_______
______________
1-
$1.75
•
Perry (year-end)
Blue Diamond
Corp. (year-end) ______YyY;
Boston Herald-Traveler
___________________
r
$20
•„Y
(s-at
Blackhawk
$1.50
$$1
(s-a)„_
Y
Mid-City Nat'l Bank (Chicago)
National
'
12-17
Hedges, $2 conv. pfd.
Foods, Inc.___;
Bickford's, Inc. (Md.) (quar.)
$1.50
Extra
(Phila.)
1
12-31
—
.
-Jan
12-20
(extra)
Caldwell
Son,
12-20
3
&
&
1-
12-27
Bests
Bird
12-27
25c
_—_________________________
Machine
1
50c
Co,
$1
Bank
(New
Trust
Merchants National
National
1958—
12-31
12-31
1-14
-,
12-15
Securities
$3
(s-a 1
(s-a)
Y——
National
mtge..
3
3
1-3
5
2-
.
12-27
partic. preferred
$1.50
(quar.) _Y
Mass) (quar.f
(s-a)—_—__2—IIY
—___YyY—,
Bank of'New York
(quar.)I_—II.
Merchants
National
ref.
1-
1-
6
1-
.
$1.25
Extra
75C
12-
2-2
$iy4
Bankers
Brantford
12-31
12-15
—50c
______
12-15
3
12-10
$2
■
Bird
3
$1.25
■
Laundries, $2Va preferred
Benson
1-
12'/2c
_______
15c
12-18
3
$1 Va
_
Maryland Trust (Bait.)
Increased
'Announcement in this issue.
&
2088
&
1-
7
25c
__
(quar.)
_Y
1773
i
Corp.—York Ice Machinery Corp.—
1st mortgage
Extra
Mountain
Jan
Co,
30-year 1st
bonds, due Oct. 1, 1944
Gas, Co,
2088
prior pref. stock-Jan
Traction
$7.50
1-
3
'
$50c
Trust
Merchants
bonds, series A, due. I960—Jan
States Leather Co.,
Light
1
Corp.—
United States Leather Co,
prior preferred stock
Utah
1478
vS;
50c
Extra
conv.
50c
12-31
(quar.
___ _ ■_
Trust
■
Thermoids Co.. 1st lien collat, trust 5% bonds due
1951—Dec
Thompson Products, Inc.,
12-16
$1.50
Liberty National Bank (Chicago)
(quar.)
Lincoln-East Side Nat'l Bank
(Buffalo, N.
,.
Temple University. 1st mtge. 6%
Y.)
Bank
Extra
1945_
3
v..$4
_1
Industrial
Hospital of Bellevue, Pa.—
due
1-
(s-a)
u____
&
Nat'l
Extra
2296
Lincoln
bonds
3-20
(quar.)
Co. (Greenf'd, Mass.)
Savings
Quarterly —_Y—
YY •'
i-j—~------.-4—Feb
1
12-
Glastenbury Bank & Trust (Conn.) (quar.)
Guaranty Trust (Toronto) (quar.)
Halsted Exchange. Nat'l
Bank
(Chicago) —
Qtiarterly
1675
10-yr. conv. 6% debentures due 1945_Jan
12-15
4-
12-23
Y„--——Y-
Semi-annual '
Industrial Mtge.
Studebaker Corp.,
12-20
''■
.
1
12-21
12-30
25c
Philadelphia (quar.)
___
Hibernia
Jan
(year-end)
25c
Bellanca
12-28
12-20"
Lines—
(quar.)___
12-11
12-13
50 c
Y__—__Y
YY^__Y.YY--—:_Y__YY_—
'.Quarterly.
Fulton
2367
2260
12-17
12-17
President
&
6
12-23
Equipment Corp.______u__________„____
Corp. (quar,)__
Beaton
12-30
12-
1-15
preferred (quar.)_______Y_;,
Public Welfare
Trust, Class A (s-a)
Backstay Welt
12-15
12-28
$5 prior preferred (accum.)
Arkansas Fuel Oil, 6% preferred
A10
12-15
1-15
12-14
12-23
Smelting—;
12-11
25c
York
—:
2260
■
of
County Tr.
2260
mtge. bonds series A, due 1946
12-13
12-23
$1.50
non-cunv,
6%
12-15
Franklin
1
Public Service Corp.—
1st lien 6% bonds, ser. A—
12-20
12-20
50c
Baldwin
3
12-23
2367
1
12-18
45c
Fulton'National Bank
(Atlanta, Ga.) (quar.)
27
15-yr. 514%
New
feaston,
(Indianapolis)
Trust
—-—Dec
Springfield City Water Co., 1st mtge. 4s, ser. A, due
1956—Apr
Standard Bleachery & Printing Co.—
12-13
3
1-10
3
(quar.) _w__—$1.75
..,
(quar.) „_Y
Y___Y__—
Southern Pacific Co., 10-yr. 33/4 %
secured bonds due 1946_Jan
Standard
of
First
Frankfort
:
bonds, series A, due 1947—,—
Bank
(North
Semi-annual
3'
12-23
1
1-
25c
BancOhio Corp,
Extra
12-14
(Media,
Quarterly
'
'
5%
2-
10c
25c
common
12-
1
(Mobile,'Ala.)
37VaC
(quar,)..
(resumed)
3
1-
Bank
cash
or
'
.
________
Co.
1-
12-14
Bapk
12-17
6c
-
1-13
Macaroni
1
National
12-31
City Fire Insurance
1-
City)
(s-a)
Pa,), (quar.)
12-20
12-15
Atlantic
50c
Hartford
(Kansas
1-2
1-15
12-16
$2.50
National
of
$1)4
12-22
3
12-15
Bank
';
i-i—Jan
American
Extra
12-15
Bank
12-31
(year-end)
preferred
12-17
1-3
National
1-20
$1
Products,
12-17
1-
___Y
National. Bank (Dover, Del.)
25c
preferred (quar.)__
1-
—_
Dallas
12-20
12-13
l-
$1.75
Furniture, 7%
Common
12-31
l
12-23
$1.25
American Locomotive
American Maize
3
$1
2367
equip, trust certificates-Dec 28
American
1-15
$3
Corp. (year-cnd)__________
American Foreign
Investing Corp, (year-end)
7%.
12-14
2%C
(quar.)$1.25
Enka
Atlantic
.
of
25c
______
(quar.)
preferred
3
12-30
First Nat'l Bk.
Y
Co.—
Southeastern Greyhound Lines,
5%
American
1-
12-11
..First National
2367
1
'
12-20
(s-at—_
l/64th Sh. of class B
Common
1-
12-30
Bank
.
Discount' Co.- of
Georgia_________
District & Telegraph (N. J.)—
Atlanta
Extra1" Y—'_
Y„1__1Y—_yY—_
■v:
1955——i—_—-Jan
dend)
American
12-22
12-22
National
•
Business Credit, Class
A„__Y__Y
American Cities Power & Light
Corp.—
:
Class A (opt, series of 1936)
(stock divi¬
3
$1
.
Inc.—
debentures due
.
^
(quar.) ,._____Y
Equipment
1-
25c
National
*;
Socony-Vaeuum
&
American Sugar Refining
American Zinc Lead &
$1V2
■
1
12-14
12-31
12-24
9
$3
1-15
3
$5
._V__Y-—
'
(s-a)___
(quar.)25c
1-
50c
12-15
•
$2
$1%
12-15
12-20
12-23
12-17
_____
12-31
40c
12-29
American
$3J/2
12-9
50c
12-20
1-
12-20
30c
Mfg„. (year-end) Y-
12-16
Bank
First
2196.
Corp.—r
i
income bonds dated 1935——-—-"Dec 20
.
(s-a)
$i
3
12-20
mv2
12-20
3
3
1-
12-20
3
1-
3
$1
12-21
1-3
1-
$1,50,
.
1-3
1-
$3
1-3
1-
1-
,
12-24
:
40c
3
(quar.)
First
,
1st mtge.
3-11
•,
1863
15
1
(Pittsburgh i.. (quar.) Y—Y—
(Atlanta, Ga.) (quar.)
Y__—__Y___:
2194
Sisters of
Charity of Cincinnati—
yYY
' :
ref, mtge. bonds, series A, due 1947-1949_^—Jan'
Y.)
(N.
First
1
7
4-
lV
%
12-20
1-1
■
20c
$7
•V,-'
12-21
$3.25
80c
Y.
3
Fiwt^ National Bank of Baltimore (quar,) Y
2365
Union
Trust
Extra
; 1
1
12-5
.
—
.First National Bank of Boston
(s-a)
First National .Bank of
Chicago (quar.)—Y
2364
2193
debentures due 1951Y-_Dec-20
12-20
■
2050
__Mar 20
River, Power Co., 1st mtge, 5s due 1952-——--Feb
12-31
preferred
1-
Trust
National
Quarterly.
2255
-
preferred stock__._j.__i_—--Jan
&
(Conn.)
Extra '-Yi—___YY___
1861
Shell
12-22
$6
$2
•*
12-27
12-24
(s-a)
(quar.)
1-
r"iiY-YY^:.;_Y—Y—Y__—
Fidelity Title & Trust
2255
1
Salmon
12-15
12-30
Fitch,
25c
(s-a)
12-11
12-30
12-31
.,25c
.
Arundel
t—-Y--—;
•
Pennsylvania Electric Co., 5.10% pfd, stock, series AYYDec 31
Pressed Steel Car Co., Inc., 5%
Fran.)
(s-a)
___Y_____'
Electric
50c
YY_Y--Y-_-.Y
Federation Bank
2048
2254
-
bonds due 1965——Jan
Yl'—
12-22
&
Reduction
50c
(Poughkeepsie, N. Y.) —
Quarterly ■_Y__YYY--——YY-Y
First
Y
i958_^_-—--—------Jan
v
Tilford, Inc.,: preferred stock
Peaslee-Gaulbert Corp.,
;
314%
1947————.—Dec 20
(San
12-24
$1.50
_________
(Baltimore)
$2
Falkill Nat'l Bk. & Tr,
2363
.
Bank
(s-a)
Quarterly
2254
.
Nat'l
(B.M.C.) (Fall River)
Eastern Canada
Savings & Loan-(Halifax)
291
1
Bank
25c
(quar.)
1
1-
12-13
$4
12V20
Plains, N. Y.)
12-22
$3.50
(year-end)
Ariz.)
12-13
12-20
$1
American
12-15
15c
J..Y.UY_Y—
Detroit. TrUst Co.
Durfee Trust Co.
2363
2253
I
(Phoenix,
3
1-3
1-3
—
_________
12-21
12-
__YYY_
(White
(Ala.)
—
20c
Extra
Mississippi River Power Co.1 1st mtge. 5s. due 1951-'----Jan
1
Monroe Coal Mining Co., Ist
untge, 6s. due 1947_-i__Y_Feb
1
Narragansect Electric Co.t 1st mtge.- 3,14s, due 1966YYJan
1
Nehi- Corp., 1st preferred
stock--—^-^r---Y^Y-——;l.Jan('
Newfoundland Light & Power Co., Ltd—■
■' -V,
yYYYY
1st mtge, 4V4 7/! bonds due
1956_4ii-—---Y—^-!i_-_Jan
1
New
York, Chicago & St.-Louis, RR.—Lake'Erie Ar
1
12-24
2192
-
1-
3
•
1-
$1
Stores, common (increased)
5%'preferred (quar,)____Y_-__.__Y___-_
12-16
3
City)—
:
;:*
__Y—
—YYY— Y "
12-20
$1
Allied
12-22
1-
(quar, 1 ———_Y_—_.
12-20
12-31
Ala.)—.
______
12-28
2
(Kansas
quarterly
Jones Cold Storage Corp, 1st
mtge. bonds dated 1934-—Jan
1
Kankakee Water Co.— .* *'• Y'Y.Y' YY' '-YY
1st mortgage 414% bonds, series A. due 1959———Jan
1
Maryland Income Bond Co.,icoll. tr. inc. bonds due 1954_Dec
Miller & Kart, Inc. 6% debentures due 1950———I—Jan
3
1-
1-
Commercial Nat'l Bk. & Trust (N. Y.)
(quar.)
Corn Exchange Nat'l Bank &
Tru$t (Phila,)—i
Quarterly
ia—Y—_YY_Y'
County Bank & Trust (Cambridge, Mass.) —
2253
bonds,
Y'Yseries A, due 1950Y___.iY-YYYYYY_Y____Jan
1
Extended unified mtge. 4% bonds, ser- B. 4ue" i960Y Jan.
1
1-
12-30
12-15
(Montgomery,
12-13
12-31
$2.50
.
(quar. )____„
Allegheny & Western Ry. Co, gtd.
12-15
15c
_Y_—Y_——Y_—__—Y.j
Increased
1
1st mtge. 5s, due 1946———T-Feb ,' 1
Kewanee Public Service Co. 1st 6s, ser.
A, due 1949__—Jan
1
Lehigh Coal & Navigation Co., 4% fund. & impt. bonds.Jan
1
Libby, McNeill & Libby, 1st mtge. 4s, due 1955——--Dec 31
Longwood Towers Co., 2nd mtge. 4% bonds———
3
$1.50
...
Commerce Trust
'.
Air
12-20
1-
4
(quar.)
York)
(quar.)
Co.
—
Ainsworth
12-31
12-21
'
Trust
Insurance
Extra
12-18
,
12-22
$4
(Conp.) (quar.)
(quar,)
2191
Kansas, City Gas Co.
3
40c
Semi-annual _____——_—__—Y__
Citizens & Mfrs; Nat'l Bank
.
3
1-
50c '
30c
2362
Quarterly
Clearfield Trust
Aetna
American
—i
2252
——J.an
1-
Trust
(New
Trust
12-31
25c
Abercrombie
'
1
—
Semi-annual
1
ref. 5s, series A & B, due 1947
——Jan
International Rys. of Central America—
" V
1st lien & ref. mtge. 6',4# bonds 1947—
Feb
Iowa Pwr. & Light Co.. 1st mtge. 414s, ser. A, due 1958-Mar
Iowa Power & Light Co., 1st mtge.
4s, due 1968
Mar
•
12-
—
20
&
New York City Omnibus Corp.—
7
Prior lien mtge. 6% bonds
due
12-10
50c
(quar.)
(Columbus, 0.1
'
1
.
1
25c
Central-Penn National Bank
.
_
12-
$2.50
•; $2
(Ydnkers, N. Y.)-^:
:Y——-—Y—i-__Y -•
Dec
'
:
12-10
$2
Jan
:
.
bonds due
-taJrC.-;
Bank:
2252
2191
; YYY 'Y Y YY' YY\
-:'YV
gold bonds due 1952
Jan
4
Gqlf States Steel Co., 1st mtge. 4V>s, due 1961-——Dec 22
International Paper Co.— •
*i
3%
'
Y-T—^
,
&
&
Co,
Haven
_______
12-15
$$4 :
-
.v
New
Bank
Allen
—
2252.
,
Gulf & Ship Island RR. Co.—
1st mtge. ref. & terminal 5#
extended
50c
25c
(s-a) __________'
-
______—
C.)—
,('s-a)__
(Portland, Me.) (s-a) Y— '
1440
1
preferred stock, series A_Dec 31
5s due 1952—Jan
1
Globe-Wernicke Co;, 1st mtge. 6s due 1944
Grocery Store Products Co.—
;
Western
J.)
Bank
Underwriters Trust
Extra
2360
I
24
1st mtge.
unified, mtge.
12-30
12-30
$2
12-13
Industrial and Miscellaneous
Companies
12-31
$1.50
*12-15
12-31
>12-30
20c
—iYY_-YY'
(s-aI
Torrington Nat'l
12-30
4%
'
Car Co., Ltd.. 6% 1st mtge. bonds due 1952
Jan
Froedtert Grain & Malting Co., Inc. 3V4# deb, due 1958_Dec
'
(N.
Wheeling Dollar Saving & Trust (quar.YY
Quarterly
Wilmington Savings & Trust (N. C.) (quar.)
Special
:
12-22
12-15
12-31
$1
_____
Co,
Semi-annual
Western National
12-24
'
4%:.
Baltimore
'
Semi-annual
Eastern
;
1-
12-31
75c
(quar.)
Wells Fargo Bank & Union Trust
Co. (quar.)
West New Brighton Bk. (Staten Island, N.Y.)--
12-22
10c
Mortgage & Trust (Ontario),
Brooklyn Trust Co. (N. Y.).;.(s-a)_
Bank
RR,
3
1-
_——-
British
2250
1
Central
Nashville
1-
1-
$7
Casco
<Sr
50c
(Conn.)
10c
_______
Trust
Valley National
12-16
$3
2189
2360
Louisville
12-10
12-10
;
Trust
(quar.)
12-15
——_
Banking & Trust
Quarterly
•
Dec
2360
bonds, due 1950—
&
Union National Bank
(Pittsburgh)
Union Trust (Providence)
12-15
$3.50
(quar.)————————
Branch
■
Nat'l Bank
1st mtge. 5 %...
3
40c
Blackstone Canal Nat'l Bank (Rhode Island I —
Semi-annual j
__YYL—• Y—-Y-—
2359
Canal
& Clearfield Coal & Iron Co.
1-
12-22
12-31
(Honolulu), (quar.)
1634
Jefferson
3-20
$1
*
(year-end)—__———
Bishop Trust
2249
1
Dominican College of St. Thomas Aquinas and Dominican
Fathers 1st mtge, bonds, dated 1941—--Y——Jan
.
12-18
12-18
Deposit—
Semi-annual
12-15
(year-end)' ————-Y
County Trust (Reading, Pa.)
(s-a)__
Berks
31
1945—
12-20
3-31
12-31
Preferred
2359
.
2043
1st
Safe
Union National Bank of Little Rock
—
(N. Y.)
is-ai
Barclays Bank Ltd, class A (year-end)
2250
.
12-31
50.c
—.
:
Jefferson
1
bonds due
—
Quarterly
3-20
80c
of
414 # deb. due 1952——Jan
1
Co., 10-year 214% debentures due 1950
Dec 27
Dayton Union Ry. 4# mtge. bonds due 1949—
Jan
1
Deep Rock Oil Corp. 12-yr. 6# debetituresY__—----.--Feb 15
conv.
12-17
$1.50
Trust &
$4 preferred
(quar.)__
Common (quar,)
Union
12-20
$1.20
*
Bank
Crane
Collat. lien 6#
12-17
3
$4
Rochester
12-20
3
4-1
$3
(s-a)——
l.—
—
Cornell-Dubilier Electric Corp,
Georgia-Carolina Power Co.,
3
1-
15c
(s-al—
1-
20c
Consolidation Coal Co., 25-yr. 5# s.f. bonds dated 1935_Jan
Continental Steel Corp., preferred stock———
Jan
General Tire & Rubber Co., 6#
& Trust
Bank
Bank
—*
1st mtge. .3V2S,
12-31
15c
——,.
1728;
2359
YY
redeem,
3
$1
(quar.)
$2 conv.; preferred (s-ai
Bank of Commerce & Trusts (Richm'd, Va,)
2358
1
1-
12-13
3
1-
Extra
Union &
12-31
$1
Y
■
Development Co., Ltd,—
conv. preference slock_„
6%
Semi-annual,
3
mtge. 3%% bonds, series E. due 1969
———Feb
Cleveland & Pittsburgh RR. gen. mtge. bonds———Dec
:,
(quar.jk. :
Orl.
(Nashville)
Bank
National
Quarterly
1st
Colon
(New
3
Bank of America Nat'l Trust & Savs. Assn.—
2247
2247
1
1962——-—Y-Mar
Cincinnati Union Terminal Co.—
.
Trust
&
2247
1%% ser, equip. trust certificates due Feb. 15, 1944— Dec 30
V,!< equipment trust certificates due March 1,' 1944—Dec 30
Chicago & Western Indiana RR,—
•
\
;,
D,
0/ Bee.
1-
$1
--Jan
bonds, series A, due 1969——
Chesapeake & Ohio Ry.—;
414#.. bonds, series
Holdera
Y
\
,
mtge. 3%%
1st & ref.
When
Payable
$1
•
__
2039
-—Apr
•
_—
(quar.)
$1
1;
,
mtge. conv. 5xkrk bonds, series A, dated 1940____Jan
California
Electric Power Co.,
1st trust mtge. bonds
_Y__—
(Chicago.)
12-20
1-
Extra
thare
-
(Pittsburgh)
Co.
•
1st
Light Co.—•.
Trust
1;
——--Jan
1
Valley Gas & Electric Co,-—• ;,
Y.-Y,/'
Mtge. & collateral trust bonds, series C 4# due 1965_Dec 24
Mtge. & collateral trust bonds, series D 3 V2 % due 1968_Dcc 24
Brainard Steel Corp.—
&
Bank
12-14
12-15
40c
•
Quarterly
Summit
Companies
2247
Blackstone
— ___
Savings
12-24
12-22
$L25
_______
&
12-14
$8
;
Peoples-Pittsburgh Trust (quar.)
Philadelphia National Bank (quar.l__f.___Y
Trust
of Pec.
3
20c
_____
.
Per
Allegheny
Pulp & Paper Co., Inc., 1st mtge. 5s, due 1949_Jan
Bell Telephone Co. of Pennsylvania—
25-yr. 1st & Ref. 5# bonds, series B, due .1945--—Jan
Power
Trust
'
1-
50c
—
Southington Bank
are:
2039
•
1
Bedford
1956
and
'
holtlert
Payable
$10
Semi-annual
Pioneer
When
Share
T
.
•1st mtge. series A
4Ms# bonds, due 1944__—-i—-iDec 27
1st mtge. series B 5%: bonds, due 1944———Dec. 27
due
Department" in the week when
—
Extra
Bank
.
1st
News
t
(s-a)
Old Kent Bank -(Grand Rapids)
(quar.i
Peoples Nat'l Bk. & Tr. (White Plains, N, Y,)—
1525
,
Central
Investment
2246
Armour & Co. of Delaware, 1st mtge. 4s, ser. C, due 1957-Jan
Atlanta & Charlotte Air Line Ry.—•
,•
previously announced, but
The dividends announced this week
'
23
YY ,Y
,1st & ref. mortgage 5% bonds due 1956——y_y_.-Y-Jan.,X
■;
show the dividends
we
second table in
a
Further details and rec¬
ord of past dividend payments in
many cases are given
under the company name in our "General
Corporation
Page
\
Dec
follow with
we
City Trpst (Pa.)
Extra
declared.
Date
Corp.,. 5% debentures
Yy„—-—.——-Feb
1953
American
Y
-,vi'v
•
•
Then
which have not yet been paid.
which the details were given in the "Chronicle."
■:
Company aud Issue—
American, British & Continental
grouped in two separate tables. - In the
bring together all the dividends announced the
we
which
for
Name of Company
Oil
are
current week.
bonds, notes,
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
preferred
Per
DIVIDENDS
Dividends
2511
Insurance
(quar.)
1-
3
1
1-31
1-
3
12-30
25c
—
.
1-
3
12-20
20c
1- 3
12-20
'
i
FINANCIAL' CHRONICLE
THE COMMERCIAL &
2512
Monday,5 December 20, 1943
-
"
When
thare
of Company
Payable
A
B
—
3 7 Vac
Utilities (initial,)..
;<~.
(Toronto, Ont.) (quar.,).
Continental Insurance (N. Y.) (s-a.i-T
Corroon
(accum.)
A
Class
& Forster,
Crum
Special
6'r
12-22
12-15
12-23
12-18
1-
2-15
2-
5
Investors
1-15
1-
3
30c
12-23
12-15
$2
3-31
3-17
—
30c
u
12-22
3Qc
12-22
12-14
40c
12-22
12-14
Kahn's
Di
Corp.
Diamond
Kaufman
12-
11-15
1-25
\1-
8
1-15
1-
7
La
12-24
$73.50
12-
12-22
12-15
,5 c
—i~-- -
7
12-21
12-14
12-8
12-
11-20
A
Class
Corp.,
Gardner Denver,
preferred
5 r/b
Garlock
General
Capital
12-21
General
Foods
Corp.,
preferred
4Va '/(•
Gilbert
(A.
Glatfeltcr
Globe
12-14
Michigan Seamless
12-30
12-20
Michigan Silica
$3
12-28
12-21
Midland Steel
1
12-27
8'V
$1.25
.
1-
1-
1
12-27
$2
30c
1-15
64
1-
4-1
25C
2
12-15
3
12-15
3
12-15
Plan
12-31
National
12-31
Nation-Wide
1-15
12-31
12-20
New
3
12-20
6'A■
preferred
12-15
New
12-
12-17
1-31
1-15
1-
$1.75
3.
12-30
20c
preferred
Park
New
1
1-3
6'r
Pacific
Northern
12-22
Northern
12-21
1-7
1
12-31
12-28
12-18
Norwich
41c
12-27
12-20
Nova
2-
25c
1-
1
3
12-27
1-
1
12-18
87V?c
(quar.)!!///
1-
1
12-20
12-
3
12-
class A (quar,)
1
$1%
12-15
12-13
15c
12-15
12-1
■
12-28
$1.75
12-
55c
8
12-18
12-
3
+
5
(year-end)
Insurance
6'r
Chemical,
preferred, (quar.)
Creek Coal—
5 Vi %
(quar.)„-.„-
Home
Dairy,
Hudson's
Bay
Humphreys
Co.,
Mfg.,
Illinois Comm'l
6% preferred
(N.
6%, preferred
2-
1
12-13
1-15
12-20
3
1-
3
12-20
1-
1
12-20
1-
1
12-20
12-15
12-
8
12-15
12-
5
37VaC
12-31
12-20
3
12-17
1-
20c
1——.
.
1-10
12-31
12c
12-30
12-23
Credit
Properties
Investors
of Lynn
12-23
1-3
12-23
12-10
12-27
12-27
12-15
W
1-
3
12-23
Pocahontas
1-10
12-31
Pollack, Mfg.
12-31
Procter
1-
3
12-15
5'k
12-31
12-20
preferred
(year-end)—
1
1-
3
12-27
—_
12-22
12-
45c
6
12-23
12-
1
11-26
12-16
1-
1
4
12-21
1-
1
12-21
25c
&
12-
12-
12-15
12-15
'
12-21
1-
12-21
$$2
Shipbuilding
Royalty
—
Co.
3
41 %C
1-
3
12-21
75C
12-29
12-20
12-28
h-!——
—'
-
Bell
(quar.)
$6
1-
3
12-22
1-
1
12-24
Reda
Reece
Reece
Pump
30c
12-20
12-13
-■$$1.75
preferred (quar.)
$3
<s-a)__.—1—_ —!
47C
A*——-,!,.
1-15
12-31
12-23
12-15
12-20
12-13
Tunnel RR.
Union
12-22
12-20
75c
12-20
12-13
12-15
46c
12-20
12-13
56c
12-20
12-13
17c
12-20
12-13
52c
12-20
12-13
of St. Louis
Bond
Union
class
Fund,
:
3
'
Bond
Fund,
B——vi-
class
12-15
12-23
Bond
class C-—:
Fund,
Union
Stock
Fund
Preferred Stock
Union
class A—»
Fund,
1-3
12-20
Union
Stock
3
12-20
Union
Twist
3
12-20
United
Bond
&
1-
3
12-20
United
Fruit
Co.
1-
3
12-20
6
12-
2
12-15
12-
,
United
1
S3
12-14
1-15
1-
United
S.
Fidelity & Guarantee
U.
S.
1-
12-10
3
12-16
12-23
12-18
12-23
(year-end)!-—,—
12-15
12-15
11-
4
VaC
12-18
25c
4
12-22
12-10
1-15
12-31
1-15
12-31
$1
12-30
12-20
5'/a4
preferred
conv.
68%
(quar.)—:
—
(Salt Lake)*—
Home
Vanadium
Vlchek
ey-jc
—
$lJ4
20c
•
3
12-16
12-10
11-20
12-10
11-26
1
12-15
1-25
12-31
1-
1
12-30
VU-
Tool,
of
common
(quar.).;
6',/
2-
2-
1
1-17
2-
1
1-17
Wcntworth
12-13
12-15
12-
12-17
12-27
1-
3
12-27
124
2c
12-15
12-
4
50c
12-31
12-24
12-
4
Elebtric
12-23
12-14
1.-15
12-24
15c
13-27
.12-15
1
....
.
Western
Massachusetts
V/estern
Pipe
Cos,
preferred
Steel
Wico
Electric,, class
Wieboldt Stores,
$5
A
6 (ir
prior preferred
12-20
Winchendon Electric
20C
1-20
12-31
,12-16
12-20
12-16
12-16
$1
Wisconsin.Co., 74
Ymir
Yankee
Girl
Yosemite Portland
44
non-cum.
,
(yearrend)-—!_—,!—•
Gold
Mines
Cement—
preferred
(quar.)
4
.
■
(year-end)—
'
12-31
75c
.12-28
12-23
12-28
12-23
V
1- 3
12-14
1-
1
12-27
$1.25
1-
1
12-27
30c
12-22
12-17
-
$1,50
\
Light & Power—,
12-23
1-15
75c
(quar.,
preferred (quar.)-
12-31
30c
(quarA_1'——— 1'
(quar.)—.
12-20
12-28
12-27
1-
35c
—
.
preferred
12-20
12-24
(year-end)
(Calif.)
—
3
12-28
12-23
40C
;
(s-a)
3
1-
(quar.)
Wheeling & Lake Erie Ry.—
1-3
1-
12-31
12-30
'
$1.50
&
41aaC
50c
3
50c
Co
Williams (R. C.) & Co.
58V3C
1-3
12-15
$$1.20
(s-a)u-—*-/
preferred
11-23
$2
15c.
Co, (Toronto)—
Western Assurance
Western
1-19
12-28
12 VaC
'
Foundries—•'
4
5c
12-17
1-3
$1.50
Manufacturing
Michigan Steel
i.
12-23
50c
12-24
12-28
12-28
$1.50
Title Insurance, com., iquar.) —
non-cum. class A preferred
(quar;)--
12-24
12-31
$1.75
Washington
12-31
10c
—
12-10
15C
——
12-10
12-i5
25C
class A pfd, (quar,.)!
America———
60c
Sugar,
Corp.
preferred
West
15c
1-20
12-15
12-15
1-15
1
$1
Fife Insurance
Utah-Idaho
1-
2-
c
$2
Utah
12-18
of Colorado—~
(year-end)
;
Machine.(year-end)--;
12-15
3
1-
'
;
(Baltimore)
12-23
1-
40c
Buttdn-Hole
12-20
$1.25
Hoffman Machinery—.
3
12-21
SI
—
pfd. (quar.)
,!__^
;
1-3
25c
rets, (year-end) ———„
Distributors———r
U.
$5
„!
50c
'
deposit
Shirt
12-24
40c
;
12-15
$1.25
12-31
Lives
——
12-23
$1.25
12-20
Molasses-
American
Tin
•
12-31
1-15
1-15
25c
1
Inc.—
(monthly)—
12-23
—
United
$1.40
-
12-30
75C
;
4!-—
12-24
'2'/aC
—
Milk
12-31
50C
(quar.i
12-13
•|34c
(year-end)Products, common
$1.50
.■—«!,■
12-20
(irreg.)
partic.
preferred-'.
partic.: preferred
$3
12-14
12-23
•
iquar.)
Share, Ltd.
Common
3
1-
$5
25C
—
12-13
15c
Drill
1-
$1.25
.
12-13
12-20
:*;• 75c
F(tud, class: B,—i-/—-/!'.
1-
$1.50
'
12-20
23c
J
$1.75
12-
12-13
17c
12-20
:
12-20
50c
—„——
12-16
1-3
Union
$1.75
:
(year-end)
Folding Machine
8
12-15
12-20
-
80c
12-
22 VaC
12-15
,
(accum,)—
Corp.,
12/-18
40c
$1.50
——
preferred (quar.)
preferred (quar.)——
Corp.,
12-21
12-15
$1.25
(year-endi
8'r
preferred
Employees
12-21
3
1-
3
$2
.
(monthly)
12-214
1-
50c
3
25C
.
(monthly)—
12-24
$3
58 Vac
—
3
12-20
3
10c
preferred
12-13
12-31
1C
preferred (monthly)
Co.
1
1-
$1.25
—
preferred
1-
1-
1-
20C
(quar.)
preferred
1
12-23
10c
1-
*
Corp.^—
Co.
6
1-3
(year-end),
pfd. (monthly)
(monthly
Tri-Continenlal
4
6
12-
12-15
$1.50
Co., 1%
preferred
Toning ton
3
12-
$1.75
$1.37'/a
Gamble,
Gas
1-
10c
■
$2
$1
Co.
12-10
Mortgage Guarantee (New Orleans)—
Toledo
12-31
1-15
12-10
80C
5'r
Railroad
70c
1
:|:$1.25
(quar.)
Fuel
Public Service Co.
12-15
1- 3
25c
)
(year-end)
$lVa
?30C
12-17
l-
Tropic Aire, 6 4 conv.
Troxel Mfg.
(resumed)
Tuckett Tobacco, Ltd.,,7%
^
1r'r
.
(s-a)
2-
$1
50C
:
preferred
1st
Providence
$1.50
3
.
$1.50
pfd.
for Insurances on
Annuities (quar.)—
(Thomas G.)
Plant
1
1-
25c
Ry„ VA pfd. (accum.V—
Froducts, 8'r preferred (quar.il-
Tobacco & Allied Stocks
6ri
$1.75
(reduced quar.i-
:
—
12-17
3
$1.25
12-27
—
8
1-
'Title &
.
Extra
12-17
;■ 1-
^
Thayer's Ltd., $3.50 preferred (interim)——
Tintic Standard Mining (year-.end)
3
62,/aC
preferred (quar.)—
—
75c
Philip Morris & Co., Ltd.. common (quar.) —
$1.12)4
4'-a'■r
preferred (quar.)
VA'r
$1.06)4
preferred (quar.)____
15c
Pi.ctprial Paper Package (year-end)
—
2c
Pilot, Royalty (s-a)
—
5'i.
11-15
2 V* V
'
1-
$7
common
Granting
12-
20c
1-
$1.50
Pipe' Line, common
(quar.)—-—
Co.
12-18
I* 3
/.
f75c
—
:
12-15
(year-end)____
Pennsylvania' Illuminating, class A
Pennsylvania Industries, $6 pfd. (accum.)
Pennsylvania Power, $5 preferred (quar.)
Philadelphia Co., common—:
—
Philadelphia Suburban Transportation—
1
,
(quar.)__
(quar.).—
(Cleve.)
and
$1.50
(quar.)—,.
(quar.)—.-..
Industrial
1-3
$1.50
(s-at—-—
shares
12-20
Telephone (Madison, Wise.)—
Industrial
3
35c
;
Tom
Mines
12-
35C
(quar.)
partic,- preferred
conv.
$1.25
——
J.)
12-23
1-
$1.50
(quar.)—,
5preference (s-a)-
liriperialle Fuels, 6%
Inland
Pennsylvania
$1
—
preferred
80c
12-13
8%C
——
preferred (initial)
Products (quar.)
Baking
12-28
$1.75
— ..
80c
Hardart
American
$1.50
—————— —;
Company
&
Patino
12-14
$1.25
(year-end)——-
(year-end)
Hooven & Allison, 50> preferred
Horn
5V
12-14
3
15c
(quar.),-
(quar.)
Honeymead
12-20
3
68 %c
50c
7
f 50c
Central
Toledo Edison
preferred (quar.)__
& Enterprises Consol.
3 '■
1-
1-
12-24
82 VjC
com,, (s-a)
Terry Steam Turbine, common (yeaf-end) —
7'r preferred iquar.)
——
Texas Electric Service, $6 preferred (quar.)
12-15
$1.25
(quar.)
preferred
5.6'!
Park
1-
50c)
(quar.)—
Chemical, $1,50 pfa.
(D. H.) Ltd. (quar.)„_
Hoover
12-18
$1.75
Eastern
1-
50c
---
Hilton-Davis
Dairy,
12-18
$15
$1.25
.
12-16
12-13..
3
—-—:
Trust Associates (quar.)-——
Electric, 5'/c pfd. (quar.)
preferred (quar.)
———-
Panhandle
12-15
1-1
12-15
3
$2.25
Colony
Packer Advertising
12-15
:f$3.25
3
1-
Paper
12-15
3
12-15
$10.50
Tennessee
50c
12-20
3
12-31
12-15
Tennessee
—
preferred (quar.)—
preferred (quar.)!—-,—
Wax
1-7
2-1
12-23
1
$1.50
,
SVj'.i
3
1-
12-15
1
2-
12-20
6
preferred .(quar.)'.——-i--!-—i.ir—)
6'r
12-27
1-
12-21
12-22'
$1.25
12-24
33VaC
Orange & Rockland
10c
12-21
1-10
25c
12-
7
12-15
Old
$5
+
12-16
1-10
25c
12-
;
-
12-20
12-15
12-15
12-20
110c
period ending July 1, 3 943>
Coal, $6 conv. preferred..-& Georgia RR. (year-end).
12-
3
12-23*
1-
12-24
Tennessee Alabama
12-20
:i;30c
1-
12-23*
12-22
50c
$15
(this dividend covers six months'
Preferred
12-15
12-29
-
12-20
12-15
12-29
15C
12-24
<s-ar—U»_-,
preferred
Aviation,
Taylorcraft
.
$1.25
.
3
50c
(quar.)
Home
12-15
3
$2
:
Highwav Safety Appliance, class A
Holmes
12-16
1-
80 c
50c
11-30
tlOc
(quar.)/
12-23
;• l-
$7.20
Co.,
Oilgear Co.
Old Colony
50c
of Canada
12-28
$1.50
Ohio
3
8
12-15
435,4c
15c
$1.65
12-
1-
8
12-
(quar.i
common
12-20
3
12-20
$3.75
—
12-
.-12-27
(quar.)
12-23
1-
12-10
12-3
preferred
12-31
.
$1.75
12-29
12-10
Co.
$1.80
$1
3
Sun Life Assurance
(quar.)—
Edison
20c
(Winnipeg) (quar.)
(quar.)
Petroleum Corp.
Co.
12-27
$1.50
'
1% preferred (quar.)
12-17
of
Co.
1-15
•
1
Stix, ,Baer & Fuller,
12-24
preferred (quar.)-—
preferred iquar. I —
—
—
preferred (quar.)
$5 preferred'' .(quar.)—i,-—i——
Ohio Leather, common (quar.)—
8''c
1st preferred (quar.),
l'/o
2nd preferred tquar.) —
——
Ohio Public Service, 7r<preferred (quar.) —
12-20
1-
12-30
12-23
$6.60
12-31
$ 1 Va
preferred—i—i
Ti
$6
12-13
14-11
$ 1 Vh
Chemical
12-17
$2.50
3:75c
Steel
12-23
$7
Ohio
12-21
& Power
12-17
12-28
+75c
12-15
1-
12-16
$1
_
Canada,1
2
Mining—..
(quar.)——
Worcester RR., 8'A
&
12-22
35c
———!r!
12-30
1-15
3
(Bostoni—+
Corp.
Investment
Year-eitd
1 3/5c
Engineering
i extra)
——
Electric, 77c preferred, (quar.i
Scotia Light
Noxema
1-10
12c
—^wrf!v:
(year-endi
Street
State
•
(quar,)
12-31
preferred
6'r
12-21
12-31
50c
$1.12 Va
&
12-22
1-
12-28
75c
1„—.1
1—
14c
Northwestern
$2 V2
,
Slates Power
Northwest
1-20
1-15
12-11
(quar,
1-15
preferred
S5
3
(quar.)——
J. (year-end)
A
25c
common--——
(quar.)^__
Northern Utilities, preferred
2-
12-20
12-15
Class
15c
(year-end)
12-21
75C
12-29
Class B
Gas—
12-30
,12-10
1-
,
6c
& Power, 06 pfd. iquar,)
Supertest Petroleum Corp., Ltd.,
Ordinary shares
(s-ai
$1.50 preferred B (s-ai.
preferred (quar.)—__
Ry.
12-28
$1.50
1-15
Temple
(quar.)----
6'<
Newport Electric,
12-20
12-10
Superior Portland Cement, $3.30 cl. A (quar.)
(quar.)——
preferred
prior
12-10
Insurance of N.
Fire
1-
12-30
-::$4
12-20
—
(year-end)
common
12-10
!!—lll„-1.1_—'.'I
12-15
'•
Canada—--——.
25c
(year-end)
(s-ai
Standard-Coosa-Thatcher
1
$1,75
Richmond
&
12-10
/+;++++.■"
——-,1———
12-30
(quar.)
preferred
York
1
25c
62 VaC
12-9
—-
(irregular)—
Service,
1
12-
I--,
12-27
Mining
Process,
!':<
New
12-20
tMd.l
Co.
12-20
1-20
!
.
12-15,
•
—
4
Standard
S6
1-10
12-26
12-
)'__^_—_>.l_
10c
(s-a)— j,—-
Haven
Orleans Public
$7
12-10
Southwestern Light
Standard Radio,
15c
1
25c
Engineering
12-20
3c
Water
New
New
20c
Southwestern
*
12-20
1-
3
12-11
Process
RR.
12-23
(accum.)
11-20
s-12-30
'
12-
12-23
12-23
12-
12-11
v
—
75c
—
(j'e&r-end't—-
Western
12-31
25c
Co...common '.(quar.).—
preferred
of
12-20
$2.
Ifawley Pulp & Paper, $6 preferred
$7
(year-end)
Co.—
3
1-15.
50C
..
Hatfield-Campbell
5'/a prior preferred (quar.)—'
5 0
non-cum.
partic. preferred.^——:
Healey
com.
______—
England Confectionery (year-end)
England Power Assn., $2 pfd. (accum.)
New
3
1-
9
1-31
12-10
50c
tquar.—
shares
trust
Products
Neon
lr
Gas
Securities
50c
Times.
(s-a)
(year-enclt
Share
&
12-21
10c
-
Hartford
Amer,
Radiator
Voting
1-
$ 1 Va
8c
Bond
1-10
12-31
—
preferred
of
Co.
1-10
f
Western
12-29
$1.50
-
6'r,
12-17
(accum.)——.
Hartford Fire Insurance
tquar.t
12-10
$1.25
—
$'/'•
(year-end)—
Light, $6 pfd.
Bank of Virginia
Morse
4
750
South
7
50c
National Investors Corp.
SI'
2-15
1-
••
quar.)
Year-end
50c
National Fuel
$1.25
12-
12-15
1-28
12-31
12-13
(quar.)
12-
>,
12-
lc
(year-end
& Gas—'
(initial
Franklin
5c
12-4
1-15
12-24
50c
12-10
60c
12-27
12-18
1
12-21
12-20
12-30
$'-.50
/ Southern
2-
12-15
.
1
1-
25c
/
"
12-15
12-22
12-22
2-15
preferred (quar.)J.—_^!li¥>■
6'4
12-11
50c
12-27
12-27
5preferred
30c
cominoii—
National
15c
Carolina Elcc.
South
12-28
.
12-16
t30c
•
(quar,),——■■
Manufacturing
Smyth
•
1-15
82
Cement
Zook
&
12-27
$1.75
12-20
-
12-16
$3
12-20
$2
12-31
12-22
—
12-28
40c
12-31
1-15
12-16
12-30
12 VaC
(s-a) ——i,—l——Corp. (quar.) „L,J__
12-17
1-15
Sloan
75c
50 c
preferred
Cooperage,
GaS
Co.,
Oil
50c
1-
80c
12-22
;
-
—-
25c
'
$1
12-16
12-30
25c
Mines
Sigma
12-10
50c
12-16
12-30
10c
,
12-20
$1.50
tquar.t^_
preferred
Portland
Plan
Moi ris
1..
50c
Griess-Pfleger Tanning '■ (year-end)
■»!_'_ _
Grocery Store Products (resumed)-—
Guaranty Co. of N. J., class A
Guenthcr Publishing Corp. (year-end)
Harding Carpets, Ltd. (s-a)
1
——
Harris-Sevbold-Potter, $3 preferred (quar.)
Hartford
Tube
1
1-
12-16
1-3
20c
3
12-31
$1.25
3
11
$1.75
'
12-16
12-27
25c
Skilsaw, Inc. .(quar.)__!'—
27 VaC
preferred (quar.) ———————J
Twist Drill & Machine Co. (special)
Mutual Investment Fund
3 7 VaC
20c
A
25C
$3.50
,
(quar.)_——
common
12-21
12-31
1-3
20c
37VaC
(quar.)
Works——ril,.
Brothers
Finance,
12-28
(s-at———
Products
non-cum.
Morris
3-20
1-
i$1.60
Pumps. 74 preferred (accum.).
Great Lakes Engineering Works (year-end)
Great Lakes Steamship
(year-end) —-iia.;—
Great Lakes Terminal Warehouse (s-a)
Class
■
4()C
(quaiM+U--,,-,-—
Missouri Power &
3
50c
Great West Life Assurance
12-16
(s-a) !.„__!:^
preferred (s»a)
Sinclair
preferreci (quar.)
Missouri
1-3
1-15
.
$3.50 preferred
H ),
12-27
preferred"
75C
Coke (resumed)
preferred. (quar.)
7'<'r
Stores,
12-24
Goulds
-
Mercantile
RR.
12-20
:■
(P.
Knitting
Greif
7
75c
(year-end)———„
$4.50 pfd. I quar.)—
(quar.)
6^
12-10
25c
McGillivray Creek Coal &
15c
(quar.)
Q.t,
Oil
Gilmore
Valley
Massawippl
50c
Co.
12-15
12-29
•
Trust
12-21
12-
12-10
12-15
12 VaC
1-15
(year-end)
Investors
25c
—_
com.
12-10
12-20
12-14
•
Inc.
Brothers,
1
12-31
25c
'l-
$L37V2
(quar.)
General Tire & Rubber,
Art
Mandel
i
(quar.)—
•—
25c
Machinery Corp.,
Gibson
Extra
12-21
1-
$10
1-15
:
^
20e
General Investors Trust (Mass.)
General
Petroleum
12-
12-15
$1.30
'
—
12-28
$15
Corp. ■_!_/
.General Investment
1-20
-
12-31
i
Corp.
12-31
12-20
•
12-31
1-15
10c
12-23
$lVi
12-31
1-18
V
(s-a)—/—:
Co.———
Packing
1-15
25C
20c
Sugar Refining
12"?C
12-15
12-21
55f- conv. pfd. (quar.,!
$3 conv., preferred (quar.)
Electric Light, common
.
12-15
1
8
60C
——
1-15
Massachuetts
< s-a)
Gardner
1
$1 1
——
12-31
$1
lyear-endu—
common
(quar.)
:
12-24
12-30
25c
(year-end)
1-
2-
$1.75
Lynn Ga^ & Electric (quar.tLyons-Magnus Inc., class A partic. (accum.)
MacAndrews & Forbes, common (irreg.)
6r/c
preferred (quar.)
1-29
MacWhyte Co.
iquar,)—
common
12-24
,
12-21
class A
(year-er.di
1-7
Long Island Safe Deposit (s-a)
Ludlov; Valve Mfg., 5Va% non-cum. conv. pfd.
12-11
Investors
Service
Fulton
12-10
Virginia (year-end)-.-!—
(vear-end)
Corp.
12-11
preferred (quar.) ————p
Manufacturing Co. (Mich.) (year-end)
Fuller
1
Candy
(quar.)
of
Insurance
Loft
12-31
74
Fundamental
Life
12-23
preferred
12-21
Process
Brush,
5.2VF
50c
.(quar;) ——<.<
Froedtert Grain & Malting Co. (quar.)
Franklin
12-21
50c
preferred iquar.)_
_
50c
$2 conv. preferred
(quar,)
$1.50
Securities Corp., general $6 preferred (quar.)
$1.75
$7 preferred
(quar.)
—
$1.37 Va
Selected Industries, $5'/a prior pfd. (quar.)
40c
Selected Securities
(year-end),
/.'5c
Shawmut Association (special)—
15C
Quarterly
,——111_^ 1 tl5c
Sherwin-Williams of Canada1 (interim)j—!!-'
12-15S
12-20
(Chariest, 1% pieferred (quar.i—
Stores, 4Vaf,-i preferred (quar.)-.
Macmillan
(quar,) ———J.
Co.,
1-15
12-28
50C
25c
(quaiv).—.—1—
Foreign Light & Power, 64
1st pfd. (quar.t
Foresight Foundation, non-cum, class A (s-a)
Fox St. Louis Properties, $3 pfd. jaccum,)_
Fuller
2-
■
25c
cf California (s-a) ..——J——-,
Indemnity (extra)—
Firemen's Fund Insurance (Calif.) (quar.) —
Fisher Erothers, $4 non-cum. pfd. (quar.t —
H.)
12-15
1/ 3
(quar.)——1.1
$2
5
37VaC
$1.25
Fund
(M.
12-27
$1
50c
3!/a Vp'
12-20
1-
10c
•
,
■v
12-18
12-22
12-17
17'/aC
77c
25c
Lexington Telephone,- common
Co.
Fitzsimmons Stores,
1-10
;
12-27
-
12-17
12-28
12-17
3007/
3 shares
Manufacturing; com. ?'(irreg.)..
preferred
Seaboard
(quar.)-^—
12-28
.
..preferred
Corp.
11-30
,
Fishman
Lehman
37Va<)
Extra,
Firemen's
12-20
1-23
12-17
$1'/+
12-28
(quar.i,—__L1/
(quaf,>!_!!il^Jil.^''
70c
i2c
1-10
J40c
preferred A (quar.)
preferred B (quar,)—i.———
Federal Light & Traction i year-end i—
Federal Machine & Welder (year-end)—-S-Fenton United Cleaner & Dyers, com. (quar.)
Filtrol
2
1-3
12-17
12-28
'
(quar.i
(stock dividend)
preferred
Savannah
12-20
1-
12-20
12-28
25c
•
Schlage. Lock Co... (quar.)—_i!_i!._,^!!_j^_„
Scruggs-Vandervoort-Barney, ccmmon
;
;
1
1-2
/
$7
(quar.)
(year-end)——--—.
12-10
pfd. (accum.) —
Fire Insurance
12-
5'/(>■
12-20
12-24 '
25c
par common.i.;.,:
San-Nap-Pak
.
Mines—-
12-10
75c
'Si.50
Fidelity-Phenix
12-15
$1
Frary & Clark
Machine
Leitch
$4
"$1.50
■
12-28
12-15
15C
——
Lerner
Mfg.—-
Family Finance, common
:
Landis
7
15c
(quar.)■■
Insurance (Ontario) (s-ai —
Life
12-20
25C
(year-end)_
University—
i5c
preferred
Excelsior
3
25c
^
(accum.)
12-15
' 6 V '4 'A
.
-
common
1-
12-20
»,
12-24
$3
Consolidated Petroleum (year-end )_y".
St. >Louis National Stock Yards * (guar. )
San Diego Gas & Electric, common (quar.)_/
12-20
50c
Stores
of new $1
12-20
3
$1.75
15c
common————
iquar.) ———s
Inc..
Eversharp,
3
1-
.
$1.75
——
12V2C
preferred (quar.)
Pennsylvania RR. (quar.)
Eastern Massachusetts Street Ry.—
6>
1st preferred (accum.i
64 1st preferred (accum.)
Egrv Register, 5Va4/ preferred iquar.)
Electrical Produces Corp. (quar,)—————;
preferred
3
1-
10c
12-24
;,«r>
Ryan
12-20
1-
15c
11-30
—-r.--
64
Inc.
-12-17
12-18
1-3
;-/• $5
-
preferred
conv.
11-1
RR—
!.«>!—
Royal Typewriter
12-22
12-27
$1.50
.
3
1-
$1V4
*
Si.50
5 '/<■
Dufault
Landers,
12-13
12-22
East
•'
Stores,
preferred
12-29
$1.62 Va
common
Department
9
10c
&'Potomac
common,-_^-_l4!-!__'!a'._!h!--f!
Co,1
Extra'
1-21*
25c
-
Ritter
.
8-1
..
•
preferred (quar.).
(quar.)—
——'
Empire District Electric,
Endicott Johnson Corp.,
2-1
(quar.)
Salle Extension
Lake
common
pfd._
pr.
12-
12-13
(quar.)
A.t
10c
EXtra
Electrici
<C.
Kobacker
2 c'o
preferred (quar.)——- —
•—
Dictagraph Products Co. (resumed)——Distillers Co., Ltd., ordinary (interim)
Dixie Home Stores (extra t —
Discount Corp. of N. Y. (year-end)————
Dr.
Pepper
(year-end)
—Dome
Mines Ltd
—— „—
Dominguez Oil Fields (monthly).——
Duquesne Light, a'/b 1st preferred iquar.) __
Duval Texas Sulphur (quar.i——
——.
Emerson
preferred
Ti
T'r
6%
Eason Oil,
tlJ/aC
(quar.)
Sons,
Kaufmann
—_
—
Stores, common
Diana
12-13
$4
5%
Diamond Shoe Corp.,
12-10
25c
preferred (accurri.)
T/o
Giorgio Fruit,
12-10
12-20
12-22
11-27
1
30C
Voting common (year-end
Non-voting common (year-end
.
Dividend obligation (yea^iend',)--^-^-.-1.;.
12-20
12-10
87 VaC
(quar.t-,
E.t
(E.)
12-20
«
(extra)--
12-28
75c
-—
(quar.t
Chute
(C.
$1
(one share for
B
Air
$4
1*
12-15
—
Jameison
Co.—
shares held)—
50
each
Products
& Coke
Coal
preferred
25c
15c
1-15
.5-
;
1
50C
Fredericksburg
Richmond
30 c
1st
Irving
v
1-15
L.L..-.'*''1
preferred (quar.i—
1st preferred (quar.)
$7
12-14
•
Dewey & Almy Chemical
Stock dividend on A &
20c
12-15
1-
12-15
.
2-
..„-3Qo
!_„!„!.'
Brothers
Richman
12-18
—
1st
$6
$6.50
•
12-15
Is 3
,
30C
..—
Common
3
Mutual, Inc. (year-end)
Public Service, common (quar.)
Iowa
Common
12-18
37VaC
preferred
Investors
■■—-
12-11
3
1-
;.
Utilities Corp.; $3.50
Fund "C" Inc.—,
30c
12-20
.12-20
$4'
;
30c
—„—"
Common
Powders, Ltd.—
International
43:,4C
;
12-20
f$ 1
(s-a)
International Cellucotton
12-30
12-20
12-23
;
,
of Reel
Payable
35c
Rertssalaer & Saratoga RR, (sr'a)*!■_'
Rich Ice Cream Co., common!-^-!---^----^-.
12-28
,
(quar.)
partic.
20c
common.—
(s-a).„+_^
common
Year-end
12-20*
Regina
12-31*
10c
.
(year-end)_„i_>„_
Inc.
Co.,
(year-end)
Corporation
■
12-31*
20c
-
(quar.)
International Button-Hole Sewing Machine—
12-23
3
(s-a)
Bronze
International
.
Insurance Shares Corp,—
Common, class A (quar.—
,
Common, class B (quar.)
'
t
Special on A & B——r-,.—r-—
Crystal Tissue Co. (quar.t—
——
Extra
i—/
Daniels & Fisher Stores (year-end,1—.
Dentists Supply (N. Y.), common (extra) —
Detroit Gasket & Mfg
Detroit River Tunnel (s-a>
■
Common
$2
Forster
&
Crum
12-31
12-15
$5
——
(quar.)—
preferred
1-10
$3
Coal
International
12-22
—„
preferred
8%
12-31
20c
preferred (quar
T/b
Drug Co.,
Ctfs.
Share
'
of-Company?
1-15
2V2c
$1%
pfd. (quar.)—
International Corp.—
Crown Cork
Crown
12-15
name
1-15
$1.25
r
50c.
Interbanc Investors,
8'A
3
1-10
of Rec
Halderf
imen
rcT
Holdert
__—
Intercolonial
1-
Phosphate (year-end)—---—
& Reynolds, $6 pieferred A (accum.t.
Coronet
4
12-21
80c
(s-a)
When
Payable
'Extra
4
1-
4
t$2
Co.
Cooper (Peter) Corp., BVs'/e
6Va'k prelcrred (accum.»
1-
4
12-28
10c
Gas
Consumers Gas
2-
2-
37 %C
(quar.)—....—
Consolidated
-1
Extra
12-31
1
,,
,
,
of North America
Co.
Insuranshares
(quar.I
Class
2-
$3
64 preferred (s-a)
^'Consolidated Chemical Industries-—
Class
Name of Company
of Pea.
Insurance
RR,—-
Connecticut & Passitmpsic River
Per
8 hare
Hoiaeu
ret
name
,12-27
12-.:
-
$1.75
1-
8
12-24
12-30
fS^sC
3
12-14
1
12-18
•
—
10c
-
•
1-
*
.Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4239
158
Pet
Name of Company
Below
weeks and not yet
dends
in previous
give the dividends announced
we
The list does not include divi¬
paid.
this
announced
\
preceding table.
being
week, these
given
Textile
of
General
Toronto
Trade Bank & Trust
:
>
r
Name of
Payable
Snare
Company
(Youngstown,
O.)
American
4Vo
Trust
of Rec
Union
Trust
(Pittsburgh)
.
Bank
of
Nova
Scotia
Bankers
Trust
Co.
Bank
the
of
V.)
(N.
35c
1-3-44
1-
3
12-15
1-
3
12-16
Uptown National Bank
35C
1-3
12-15
Wakefield
(R
(Chicago)
I.)
(quar.)—
20c
1-
12-16*
Whitney Nat'l Bank
(New Orleans)
Nat'l
Boatmen's
Brooks
Bank
UquarJ-l-,--—--r(
Trust
1-
3
1-
3
Nat'l
Bank
Stock
1-
3
30C
1-
2
12-31
12-
Extra
12-22
12-
10c
12-22
12-6
Ont.)
50c
Central
Adams
12-1
1-
3
12-21
Aero
$1
^1——
1-
3
12-17
1-3-44
$l.1/2
■S-A $1
1-
3
1-
3
fquar.)_
Chemung Canal Trust (Elmira, N. Y.) (s-a).
Chicago Title & Trust (quar.)
—1
Citizens Commercial Tr;
Savs. Bank' (Cal.) —
Quarterly
"I-—
45c
1-
3
$iv2
1-
3
Chemical Bank & Trust
(quar.)
3
American Thread,
American
$6
12-28
3
12-20
Miscellaneous
12-15
D.)
(N." Y,)
-
(quar.)
A
20c
,
3
1-10
Life
Insurance
5%
12-23
12-10
20c
1-
3.
1-
3
12-
3
12-
(quar.)
30c
1-
3
12-4
1-
3
12-31
12-24'
,3c
.
5C
Agnew-Surpass Shoe Stores, 7%
mr*
pfd. (quar.)
Agricultural Insurance (Watertown, N. Y.) —
Quarterly.______________________________ A
1-15,
Ahlberg Bearing Co., class A
12-13
Air Associates,
'
Quarterly
Continental
'rk-*;/'
Bank
Trust
&
Co.
(N.
Dallas National Bank
Day Trust, Co.
Drexel
12-30
.
Drovers .National
Dunkirk
Bank
(Chicago)
(N/ Y.)
Trust
Extra
Co;
(Bait,): (s-a)
;.Fidelity Trust
Fifth
Avenue Bank' (N.
Fifth
Third Union
First
Nat'l
Bank
Trust
Co.
First
National
Bank. (Media,
1-
3
First
„
..
Nat'l- Bank
Portland
Semi-annual
-
Pa.)
12-11
1-3
12-31
$i
1-1-44
3
12-21
12-31
Sl'/a
12-30
12-20
$1
12-31
12*23
__
1-
$ 1 '4
(s-a)„
S3
•
3
12-31
1-
3
12-
(Memphis, Tenn.l(quar.)
$3
—
1-1-44
12-26
Monthly
Extra
-
f
Common
National
First
Nat'l
.
N.
J.),
(
Bank
Bank
&
Trust
3
12-27
40C
(quar.)____
12-24
4-
1
1
12-29
12-22
Co.' (Montclair,
(quarterly)
12-31
$2
12-21
Trust
25c
(Phila.)
Co,
(Ontario)
12-15
12-1
1-
Harrison Nat'l
Bank
(N.
(quar.)________
J.)
Hartfoi d-Connecticut
Hartford
&
(s-a)
Trust,
Nat'l
Bank
Indiana National Bank
'.
3
12-
1-
3
11-24
—
A
3
1-
3
12-21
12-14
Midland
Marine
1-15
30c
3
/—
$5
Mercantile Nat'l Bank (Dallas)
40C
(quarterly)__
Savings (Ontario) (s-a)
Bank of Pottsville, Pa, (quar.)
Montgomery County Trust Co.
Montreal
1-
(N. Y.)
{40C
$1.13
(s-a) A
$5
City & District Savs. Bank (quar.)
3
3
(Chambersburg,
Pa.)
"
12-21
Boulevard Bank of Chicago
Security Bank
National
Trust
York
(Chicago)
Co., Ltd.
12-31
Trust
Co.
(N.
1-
3
Y.)
National Bank
Pacific
Nat'l
Bank
Park Street Trust
(Nebraska)
3
1-
3
1-3-44
State
50c
.
(quar.)_
t$2
87'4c
$1.25
Public
&
&
Trust
Trust
South
Trust
National
Texas
3
(N. Y.)
$6
National
(quar.)_
(Lewes, Del.)
(s-a)
;
——
1-
1
12-28
1-
3
1-
3
Co.
of
$1*4
12-23
1-15
European
Fruit
Hair
Extra "i
Hoe,
1st
2nd
$6
American
&
Felt
7ro
preferred
Ice,
3
12- 7
5n0.
12-23
$2
37'ic
25c
$2'4
■
:
$5
12-20
12-30
19-24
3
12-30
1-
12-28
1-
3
$13
Extra
Amercer)
Locomotive.
Amer'cen
Mechine
American
o"q
3
12-31
3-31
4merlcet> News
12-
12-22
7-1-^4
6-30
American
10-2-44
9-30
Optical
Co.
,
__I
3
1-15
(year-end)
19-31
4)4Vo
12-31
12-21
American
1-12
1-
preferred
Screw
4
12-20
37*4c
1J
3
12-20
.10c
preferred
(quar.)
(quar.)
___________________
12-20
11-30
7c
12-23
12-10
15c
12-24
30c
Paper
12-24
12-18
50c
12-21
.12-.H
75c
12-20
12-
$2.40
12-22
12-10
$2'4
4-22
4-12
12-
1-3
Mills
Locomotive
Works
(year-end)_____
&
Annapolis RR.,
(J.), 7(4 preferred
preferred (accum.,).
preferred
pfd.
National
77o
preferred
(quar.)_^__
Co.
Creek
A
•
.
Hats,
Ltd.
Fire
Insurance
(Sidney), 7(4
Aluminum
(F.
E.)
&
Boston
&
Co.,
-
75c
1-
1
12-18
12-
3
1-
12-
3
1-15
12-31
12-20
12-15
$1%
3
1-
3
1-
$lVa
(year-end)
3
12-17
12-17
5QC
12-
12-22
12-10
20c "s
12-23
11-29
Sl'/a
12-27
12-21
5c
12-28
12-
130c
(quar.)__
12-20
40c
12-31
*
(quar.)_„__
(year-end)
preferred
1-3
35C
Sl3/4.
;
Sl'/a
(accum.)___
1-
1-
60c
40c
1-
6
12-29
.,
2
12-20
6
12-15
3
12-20
'
75C
17-
3
12-15
r
12-
7
1
12-14
12-31
11-30
S1V4
1- 3
12-10
16c
12-23
12-16
SI
12-31
12-
$1
12-20
12-14
30c
,
Albany RR._
12-20
12-
4
12-
4
$2.25
(quar.).
(quar.)____
(irregular)
Co.
(year-end)
______
(quar.)
1
30c
Mines,
Ltd,
Corp., 7%
Class A (accum.)
Class
A
Brazilian
'V42-17
G'4
/
(quar.)
preferred
(s-a)________
Traction
preferred
Co.,
Bviilo
12-22
12-13
12-13
British
common
American
British Columbia
6'4
Oil
A
Ltd.
—
12-31
12-15*
British
12-31
12-15*
1-15
25c
1-
6 V partic.
10c
12-28
12- 3
Brown-Forman
4Cc
12-20
12-
$5
prior
Power,
preferred
preferred
1
12-15
i-
i
12-15
$25c
1-
3
12-
1-
3
12-20
1-35
12-31
:
A
(quar.)_-_
;
3
{50c
—
{25c
1-15
'75c
______
(quar.)
Distillers
preferred
class
12-23
12-
8
75 c
12-23
12-
8
12-27
Corp.—
(quar.)
Er'^swicV-Balke-Collender
$5
12-17
1-
{$1.50
—I
Brompton Pulp & Paper (quar.)-.
Brooklyn Boro Gas. common
12-13
12-16'
12-24
50c
(quar.)___
30c
1
12-16
12-31
Electric Power & Gas Co.—
SI'4
Columbia
12-31
25c
<quar.)____
(quar.)______!—
preferred
12-15
50c
(irreg. I
12-10
3-24
1-3
25c
12-13
12-20
12-24
12-24
$l3a
commen_
class
1
3-31
Power-—
12-22
participating
1-
12-31-
{$l'i
Light &
$1
$2
12-20
S2Vi
(quar.)„__
Co.,
12-20
1-15
Sl'/a
5'4(4 preferred (quar.
Briggs Manufacturing Co.
Mfg.
1-15
S3'i
.
__—
(quar.)
Brass
12-20
{20c
/
(accum.)
12-15
8
12-15
$l3/4
pfd.
Brass
$3
Brandon
12-10
12-
12-.15
12-31
|10c
Eralorne
•12-10
12-15
12-31
62'4 C
Extra:
1
12-14*
1-14
12-15
15C
Co.
Boston
12-14*
12-23
12-17
42-31
{15C
12-15
Sl'/a
12-23
12-31
30c
(quar..)j2vtc
1 :"
$1.80
1-15
75C
:
(quar.)
1
(quar.)_
{$2
6
Sl3/4
(year-end)
Borg-War'ner Corp.
12-30") 12'-17
(year-end)_____
12-10
11*30
Decker
&
Booth
12-10
8
12-15
12-15
11-30
;
& Sons
5
■
12-
preferred (quar.)
(E. J.)
1-
I1-
1-
c
1-
(quar.)
Braeh
12-22
12-15
3
1-
_______
Borden
12-10
12-30
12-13
1-
■
12-13
1-
'
Bearing
12-28
12-13
1
1-1
{$1
_____________
Roller
15c
1-
{$1.75
(quar.)____.
common
Bower
1-
12-15
1
50c
(quar.)
(quar.)
12-23
,1-
12-15
3
1-
SI
1-3
12-24
1
L
G5c
4
$1.50
•
1-
{$3'4
Loan,
12-21
12-15
SI
;
coifimon
Corp,
,
35c
{37.'4c
preferred
Industrial
12-14
1
{12'4
(quar.)____,
Packing Co. (quar.)
12-10
1
(s-a)
RR.
Property Trust
3
1-
L
$1.37'4'
(increased)
Ry.
1-
12-23
$1.06'4
Personal
1-3
25c
-40C
:
Wharf
12-23
12-31
»
Elevated
12-
12-10
1-15
.
class
Aviation
12-10
12-10
12-31
(quar.)
(quar.)
(initial)
2nd preferred
3
3
12-31
I_
Brothers,
11-23
11-
08 %c
Boston
3
1-1
'
{ $ 1 34
Work3
preferred
8-2
common.
(year-end)
Boston
1-
II-23
Sl'/a
6 '/4 C
(quar.)__4____^______
(quar.)
f
___(
12-23
12-21
10-30
12-24
:Iy Sl3-4
Co.
preferred
Iron
Bohn
9
12-20
11-16
pref, is-a)_
7('{
Bros.
Blumenthal
12-23
12-21
8-16
S5
7'4c
Canada.
12-23'
25C
,
Sl*/4
pfd,
Investing Corp.,
of
6
SI'4
f
.
(accum.)
(quar,)
Co.
12-18
$2*4
pfd.
1-3
3
_»
/
(accum.)
1-
25c
(initial)
(accum.)
Mfg. Co. (quar.)
Blaw-Knox Co. (year-end)
Bloch Brothers Tobacco, 6%
pfd.
Blue Ridge Corp. (resumed)
Blue Top Brewing, class A (s-a)
12-28
3
Rolling Mill—
conv.
4
12-
3
& Sons
$1'A
American
12-31
12-
1-
Black
5
25c
common__L___
12-20
20c
1-
5
37 *4c
(B. F.)
Birmingham
12-15
1-
1-15
I-
12-10
Manufacturing Co. (year-end)
Birmingham Electric, $7 preferred (quar.(_
$6 preferred
(quar.)
'
12-20
12-18
3
Binks
'
12-18
$134
(quar.)
(year-end)^.
American Radiator & Standard
Sanitary, com.
American Republics
Corp.
1
3
Bridgeport
(quar,)
1-
1-
Sic preferred (quar.)_i.
Bethlehem Steel Corp.,T/o
714 preferred (quar.
12-22
50c
(bi-monthly)__________
75c
Bessemer Limestone & Cement-
1
12-30
62 '4 c
(quar.l__
Co.
1
1-
3 7'4 c
preferred
Metals
2-
12-24
$2'4 preferred (1938 series)
12-11
3
25c
A___
7%
$1
Year-end
12-11
10c
(initial)
Manufacturing Co.,
preferred
1-3-44
4-1-44
•
A;
1
40c
Beneficial
Illinois—
•
12-15
12-28
2-
25c
Bendix
12-13
3
11-
Si*4
B
class
12-28
1-
$1*4
class
62'4 C
25c
(quar/]__
Bell Telephone Co. of Canada
12-13
20c
(irreg.)
non-cum.
2
$9.50
1-. 3'
12-28
1-28
12-14
7%
12-1
75c
common
Locker,
Corp.
Beiding-Corticelli Ltd.,
12-15
12-20
1
12-28
Beech-Nut
12-20
1-
$134
;
Leather,-e'/aVe pfd. (quar.)
{monthly).
of
Products
$1.50
conv. preferred
(quar.)____!
preference (quar.)
Amei-ican
1
12-31
12-10
12 *4 c
comraon________
common__________.;'
American Investment Co.
4
3-
4
25c
7(4
12-11
$1.1834
American Insulator Corp. of Dei., com. (quar.)
American International
Corp. (year-end)___
1-3
4
12-
(year-end)______
12-16*
$1*4.
Products
preferred
12-
11-29
Beech
12-13*
1
25c
American
3
1-
12-20
25c
(quar.)
Home
12-
12-31
.$1*4
Class B
•-
12-16
$1*4
(quar.)
(quar.)i_______
Rubber,
12-31
12-21
11-29
12-16
12-24
1
12-13
Beatty
12-22
12-28
12-
37'4 c
___________
Co.; (Conn.)
Creamery
-Special
12-16
12-28
35C
<quar.)____
Hide &
3-24
3
1- 1
12-28
$1)4
-i_
Hard
11-26
1-
$5'4
9*
15c
common
preferred
11-26
12-21
37'4 c
(s-a).
Eeatrice
9*
12-
1-
4%rA pfd. (quar.)
Co.,
12-21
SI.32
1
Bath
County—
preferred
American
12-24
1-
12-
1
15c
Electric,
•
3-31
1-
1-1
1-
35 c
preferred
12-31
$1.54
12-24
12-15
12'/2c
6%
12-1
12-24
Coast
Biltmore
Growers__
American
-
12-30
$3
,
12-20
_
12-15
$ 1 '/a
—
&
(s-a)
Corp., common
5'4%.'■ preferred (quar.)
12-15
$13A
(quar.)
________________
6'A preferred (quar.)__4_
Felt,
preferred
Bastian-Blessing
l/32nd share
Securities,
11-30
12-31
$2*4
Barker
11-27
12-30
12-10
12-30
120c
52
12-20;
12-30
12-20
$75c
preferred
6rb.
12-20
$134
B (quar.)
preference (quar.
6'*'
12-17
12-31
Sugar,
(year-end)
•
12-13
1-15
6
12-30
Bankers
Light, $3 class A
Alleghany
12-10
12-24
Barber-Ellis
1-4
25C
(year-end)
12-17
12-20
$l'/4
Eangor Hydro-Electric,
6C4i preferred (quar.
12-10
50c
Body
12-27
12-
$1 Va
12-16
1-15
$1.31'A
&
Canada
c
12-17
12-22
$1)4
''Oc
:
5c
S3 Va
_
S2.50 12-21-44
(s-a)
12-20
1-
75c
{$1'4
1—
-
11-30
common—________
American
12-31
S2.50
(Toronto)
12-15
2
34%c in cash—
or
Crystal
American
12-15
3
12-11
$7.50
Quarterly
12-10
1-1
12-10
$1
(quar.)_
Bangor & Aroostook RR., 5%
5% preferred (accum.
■X
12-15
20c
__a_.
S2.50
^
1
3
15c
7%
6
50c
_____
1-
12-24
(year end)
1
12-
S2'4
&
American Gas &
12-15
Bank
^
12-
12-22
1-,
12-15
'
((year-end)
7%
12-21
12-31
12-15
12-10
35c
,
Bancroft
$3
12-31
3
3
Baltimore
12-11
12-31
12-14
40c
Quarterly
Quarterly
Sterling Trusts Corp.
A
1-
1-
Baldwin
$5
(quar.)
stock
American Fork
12-15
1-
B
preferred
25c
(quar.)
(quav.)__—
(quar.)_
•
3
12-20
$1*4
.
Corp.,
Line
11-29*
25c
American
12-28
—
(quar.)./,
:
Extra
3
1-
-3
$2
Y.)
:
12-15
12-15
1-
2-1
Badger
12-22
held-
Class
5cio
25c
(quar.)
Sussex Trust
1-
H-22
$2'4
(Bait.)
Bank
Commercial
(Houston)
Quarterly
new
par
(accum.)_____
Class B
50c
preferred (quar.)__-__^_-___________
Cyanamid Co., class A (quar.)
Cf,'b
—
(Hartford)
<N.
Rensselaer Co. Bank & Trust
Seattle-First
class
Power
Coal
6%
3
SI
(quar.)—a—-
Boston
12-
40c
Puget Sound Nat'l Bank (Tacomaj (quar.)__'
Safe. Deposit, &
of
American
12-11
1-1-44
3rl5
—
Bank
1
12n3l
Quarterly
Nat'l
1-
12-21
$2
of
class
(Ypar-end)
12-10
S2
Bank
$100
12-21
$2 Va
$4.25
Co.i
Coach
12-31
1-3
S8
Pennsylvania Exchange Bank (N. Y.)
is-a)
Peoples National Bank of Washington (Seat¬
tle. Wash.)
(quar.)^'--:—
Phoenix
2
7
12-21
,
15c
Line
Corp.—
—
American
12-15
12-31
(quar.)__
Pilgrim Trust Co.
1-
25c
(quar.)_____A_
Note,
preferred
American
12-24
Sl'/a
—
Bank
Cities
12-15
$1
(.Seattle,
Quarterly.
12-11
$1.06'4
(year end)
Can
12-24
Wash.) (quar.)
(Hartford)—____________
.
12-27
$1
-
■1
share
(irreg.)_________
Aviation Corp. (Del) (year end)__________
Mills, common...
Axe-Houghton Fund, Inc., connnon___
12-11
{30c
)
(quar.)_
preferred
American
(quar.)
(quar,)
12-27
50c
Car &
12-15
40c
Norwood-Hyde Park Bank & Trust Co. (quar.)
Omaha
Bakeries,
American
12-24
1-
(quar.)—
(Toronto)
50c
$1)4
(quar.)
common
(irreg.)
(quar.)_____
American Bemberg Corp., 1% pfd. (s-a)
American Erake Shoe, common
(year-end)
6'/o'
12-15
1-3-44
50c
National
Class B
of
12-25
3
1-
25c
(quar.)
—
Nat'l Metropolitan Bk. (Wash.,D. C.) (extra)
National Safety Bank & Trust-
New
•
,
___a__-.-.
(one-half share
for each
com.
51
Sl'/a
(quar.)
12-20
$1%
Roof
______
(quar.)__
.Extra
25c
(opt. dividend series of 1936)
National Bank of Commerce (New Orleans)-^
National
Asphalt
dividend
par
12-20
25c
Semi-annual
12-28
5c
Stock
American
12-26
1-
$1
Bank
$1'4
A':
(year-end)
Insurance
12-14
Automatic Voting Machine
(irregular)______
Automobile Insurance Co. (Hartford)
12-10
433Ac
(year-end)
Alliance
American
12-20
$1
$3
(quarj----
Munsey Trust Co. (Wash, D, C.)
National
Arch
American
American
12-14
$3*4
Avery
12-20
-
—_
preferred
12-
12-27
12-27
Avondale
7'A preferred (quar.)i_:
Foundry, 7% non-cum. pfd.
American Cast Iron Pipe Co., 67e
pfd. (s-a)
American Cigarette & Cigar, 6% pfd. (quar.)
3-44 12-18
12-31
Sl'/a
Midland Loan &
Miners Nat'l
1
12-17
Agricultural Chemical-______-____; ,A '" 30c
$ 1 Va
Airlines, Inc., common (year-end)
conv.
(quar.)
12-29
25c
$1%
$134
of
Ltd.
non-cum.
6'k
(quar.)
American
.12-17
1-
1-
40c
(Albany) (quar.)
(Chicago) iquar.)_,_
Bank
12-
12-29
,
5'A %
12-15
8c
Merchants & Farmers Bank
Nat'l
American
•514
7
120c
Automatic
20c
50c
(Milw.)—
(Bait.)——
12-22
25c
Logan Valley Electric Ry
preferred
12-15
(quar.)
A;
Amalgamated Electric Corp. (interim).—
Amalgamated Leather, 6 c!o conv. pfd., (accum.
Amalgamated Sugar Co. (quar.)
12-30
12-28
40c
Mercantile
Mfg.
American
Corp
Bank
I
95c
12-15
3
Co.
National Exchange
Maryland Trust
G'/e
American
12-31
1-
50c
(Buffalo) —
Increased quarterlyi.—.—_k,__
Marine
1-15
50c
(quar.)——
Traders
12-
$1
Corp. of America—
preferred (quar.)
1%
12-21
$1
&
1-1
\
(quar.)_____
(quar.)___
&
American
1-
$1
15c
Resumed
.Manufpcturers
{$2'4
(quar.)^—4J_:A
Aluminum Manufacturers, common
2
1-3
$1%
'
preferred
12-18
Alpha Portland Cement
12-15
1-
12-29
1-
25c
Manufacturers Trust Co. (N, Y.i, com. iquar.)
■
12-20
25c
(quar.)
Extra
conv.
A
1-21
3-10
RR. (year end
Atlantic Rayon Corp., $2.50 prior
pref. (quar.)
Atlantic Refining, 4(4 conv.
pfd. A quar.)__
Autocar Co., $3 preferred,
12-13
$1 Va
(Indianapolis, Ind.)-—
Quarterly
$2
8
12-20
____________
common
12-10
Manufacturing, 7% preferred (s-al___
Birmingham & Coast RR.—
5%
12-15
$lla
1
12-
75C
Irving Trust Co. (N. Y.r (quar.)—.
Lincoln National Bank (Newark, N. J.) —
:
12-
1-3
$1%
____
(quar.)_i._—i__:
Trust
12-20
3
$3.80
Breweries
Corp.,
Atlantic
12-10
SI
Dye Corp.
12-
12-20
(quar.)
Atlantic Coast
Aluminum
12-21
3
12-20
$3
.
{$1
{25c
Guaranty Trust Co. -(N. Y.)
(s-a)
1-3
—
Allis-Chalmers
$4.25
12-31
50c
___
Grey & Bruce Trust & Savs.
4
12-10
'
Special,
American
,: Quarterly'■"
Girard
Products Corp.,
3-27
1-
12-22
$2'4
First Natl. Bk. & Trust Co. (Oklahoma City)—
.
Allied
12-24
1-
40c
Portland, Ore.), (quar.)
(San Jose)
1-2-44
40c
—.
—y_'_———-----
Bank of Pittsburgh, common
■—--i.-—v.
First National Bank
First
$.1
50c
——
■
„
National
1-2-44
12-
1-
3
(year-end)
A
Mills, Inc
&
12-20
IOC
(year-end)
Financial
5%
4
12-24
$l'/a
$134
(year-end)
Philadelphia.
Allied
Altoona
First Nat'l Bank (Palm Beach)—
First
of
Chemical
1
12-18
$4'4
(liquidating)
12-10
3-30
Atlanta
by the Tradesmen's Nat'l Bank & Trust
Co.
Class
12-27'
12-20
$4'4
(year-end)
12-10
12-30
25c
75c pfd. (s-a)______
Atcnison Topeka & Santa Fe
Ry„ common_
12-14
RR.,, ordinary
Corp.
Allied
(Portland, Me.) —
75C
Inc.
Investment
12-20
10c
5% preferred (quar.)
upon receipt of letter of transmittal and properly executed certificates
'
12-24
1-
3
Fisher,
?2-13
3.
$1
preferred
Astor
Payable
12-22
i-
&
Alliance
12-10
1-
45c
& Tel., 7% pfd. (accum.)
(accum,)"_r_________________
Associates Investment, common
(quar.)_____
$6
12-17
12-
preferred
Alles
12-20
12-15
se
———
First Nat'l Bank
12-20
1-3
$114
Associated Tel.
Athol
Markets, 6% pfd. (quar.)____
A)goma Steel Corp., Ltd., 5% pfd. (s-a)____
Allegheny Ludlum Steel, common (year end)
12-11
2
12-22
Alberts Super
12-31
S3
iquar.i
(quar.)
4
1-
12-24
12-24
preferred (quar.)
Alaska Packers Salmon Co.
11-30
$1 *4
Extra
12-15
$1.10
(year-end)
preferred
Power, 6%
12-20,
1
12'4 c
(quar.)
Works
12-15
20c
(quar.):
:
Albany & Susquehanna RR; Co.
.
N. Jf.)
(Ramsey, N. J.)
1-
$7
6
12-30
$i Va¬
(-a)
First Nat'l Bank (Cincinnati, 0.)) (quar.)—
First National Bank (Jersey City) (quar.)
First National Bank,
1-3-44
partic.
3
1-
6
(111.)—
Co.
Construction
'
(YIt>
&
Asbestos
v'A
Southern
1-
87'4 c
S3
Metal
11-30
1-3
83ic
(quar.)
preference
conv.
Great
Alabama
1-15
12-
$1
u_//
(Cinn.i
1
i$2
(quar,—.J
(Binghamton,
2-
••;/ $i
(extra))-l^^I!
—
Y.)
12-24
12-15
$2 V
(quah)--^,^
^{Halifax)
Fidelity & '.Deposit.) (Co.: (Md.)
11-15
12-30
Sl'/a
(quar,
■■
•Eastern .Trust
12-17
$2 S 12-15
/.(guar.)'
^-2*21-2^1.122
"
1
3
$l'/a
{$2
(s-a)-r(i^C^_,-;-_v
/of Canada {quar.)r^l,L,--l:T
Barik (Chicago) tyear-end)
(Bank
1-
1-
40c
non-cnm.
Alabama
12-15
.
common
Metal
12-10
1;- 3
••
75C
(year-end)
Air Investors, Inc,—
12-31
12-30
30c
(annual)-,—
(Dallas, Tex.);(quar.)
(Boston)
National
1
$2
20c
.
County Trust Co. of Maryland
1-
n
Y.)-—
v" Quarterly
Dominion
.
Inc.
12-,3*
v
Light, $6 pfd.
Art
12-31
25c
12-23
12-23
$2:
&
Art
'
Cleveland Trust Co: (Cleveland, Ohioj (irreg.)"
Columbus Bank & Trust Co. (Columbus, Ga.)
12-
3
15c
$1.25
12-21
12-23
3
1-
1-15
(a-a)
preferred
Associated
A
Affiliated Fund
12-15
1-
Cable_______
Mills,
Power
Common
vl.'''
(quar.)_
Cotton
12-4
"
9
9.
SI'4
(year-end)_„_____
$6 conv. prior preferred
Armstrong Cork Co.—•
4
12-
12-
12-11.
Electric—
Arkansas Western Gas Co.
4
1-
&
preferred
Armour
3
'
common
Wire
$7
12-17
$1
Engineering Co.— V'v"
preferred
&
3
1-
1- 3
Sl34
______
Works
1-
1-
3
12-17
1-
3
12-20
12-21
12-13
Co.—
(quar.)
Buckeye Steel Castings Co.
$1.25
r_
—
(year-end)
.
$21/4
■
preferred fs-a i
Co., 6'4 preferred (quar.)
Inc.,
6%
12-22
37'4 c
,,
(quar.)
GOC
25C
6
10c
Metal
Arkansas
12-22
12-30
3
12-11
$1.50
5(4
Copper Mining
12-15
17c
12-
12-31
(quar.)
Wringer
(year-end)____________
Arcade
12-17
12-30
12-27
Apex Electrical Mfg., common______________
-7)4 prior preferred (quar.)____
12-18
12-29
25e
____________
—
Surety
&
Aetna Standard
12-20
3
1-
■>$1
2
»1-
$134
Anglo-Huronian, Ltd. (interim)
Anglo-Irian Oilt ordinary (interim)
1-15
35c
3
Common
2
1-
20c
12-15
12-24
$1.50
.
12-
1-15
1-25
$1
12-20
$i%
.
12-23
{$3.25
Supply Mfg., class B (year-end)_______
class A (quar.)
Casualty
Water
American
2.
$1
12-31
-
12-
75c
(year-end)
Mfg. Co.
12-23
12-
1
Anaconda
40c
s
6,
12-27
preferred
Ampco
Companies
;
12-
37 4 c
(year-end)
Anaconda
and
12-24
1
1-
:i$l
'
Executor
&
11-
Sl'/a
Aetna
(quar))—
(Cincinnati)
(J.
Aetna
50c
(quar.).
pel.)—
:
Trust
Chartered Trust
$2
Addressograph-Multigraph Corp.
Securities
(year-end)___—_—
U2
ll---.-,!''
Quarterly
Central
tel
Co.
Co., common_„_____
(quar.)
preferred
American Tobacco
11-18
75c
Aeronautical
(N. Y.) —
Nat'l Bank- (Richmond, Va.)National Barrk (Wilmington,
12-13
(quar.)
preferred (quar.)________
& Straus, Inc._____T___-'_-_-____;
Glove Works, 6 Va% preferred (s-a i__
Acme
•
Central
12-13
$1
12-23
(quar.)
Stamping
American Sugar Refining, 7)4 pfd. (quar.)__
Surety (N. Y.) (s-a
American Telephone & Telegraph (quar.)___
American Thermos Bottle, pfd.
(quar.)
11-18
—
Abraham
12-1
(Toronto^
(quar.) "
'
3
66^3
(quar.)
Adams Express Co.
50c
Quarterly
3
1-
10c
6
—
/
Central Hanover Bank & Trust Co.
Trust
Abbott Laboratories
4%
■
Central Canada Loan & Savings Co.
1-
12-20
$134
(quar.)
6
30C
1 Semi-annual'
$15
(quar.)
(Chicago)
__________
Industrial
12-21 T
$3
(Hartford)
Trust
dividend
12-21
■aA:: $i
(Conn.),—
&
Y.)
Bank
preferred
American
12-21
V Semi-annual
------r-ui-U;-',',
..." Extra-v
Nat'l
cN.
$10
Capital Bank & Trust Co. (Harrisburg, Pa.) —
Capital
6rM
12-1G*
5UC
Bank of St. Louis (quar.)—
&
Trust
United
10c
Bank of' Yorktown
States
Upper Avenue
12-
S3
50c
American Stores Co.
12-22
12-15
3
12-21
1-
12-23-
(year-end)
American Snuff
12-21
3
12-10
12-31
<
3
1-
1st
American
12-20
1-15
(quar.)_u__^_,_/
Common
12-15
1-
3
1-3
<s-aj
1-3-44
12-20
20c
.
(quar.)-,—
Co.
$2
of Rec.
SI'4
(annual
American Smelting & Refining—
12-10
S3
Holder*
Payable
preferred
7'4
12-22
50c
'/■
(quar.)
Manhattan
Ua %
$10
12-21
■
S3
—
(quar.)_^_—_____
mv*
"
12-10
3
Savings Bank (Detroit) (s-'a
U. S. Nat'l Bank (Portland, Ore.) (quar.)__
50c
<San Fran.)—'
Co.
preferred (quar.)
National' Bank (Fla.)
1-
S3
,12-27
$1
—-
conv.
Atlantic
?$1
United
(quar.)
12-20
Ind.) (quar.)
10c
(Chicago)
1-3
When
share
Company
American Service, class A—
12-22
ttoiaert
& Savings Bank
Name of
7
50c
(stock dividend)
share held________
(Indianapolis,
Trust Co.
Union
When
tei
Per
of Ree.
12-
12-29
■,
Bank and Trust Companies
Amalgamated Trust
Bank
Hoiden
3
(N. Y.)
l/15th share for each
Union Natl.
1-
50c
(quar,)____——;
Corp. (quar.)v——-
Trust
When
Payable
$3
\Ohio)
Trust Co,
.Toledo
in the
thare
Albany (quar.)_
A
Banking Co. (N. Y.)
(quar.)_______
Bank
State
2513
$1.25
50c
When
Per
Name of Company
National
Buffalo
Products, Ltd.
Building
Bullard
$1%
50c
*15c
50c
tquar.)—-i-,—'
Company
—A
Extra
Watch
Bullova
i
Co.
50c
50c
1
(quar,)
(quar.)_____—
Piston
Burd
thare
preferred (quar.) —
_
Corp. (year-end)——-
7%
Bucyrus-Erie,
,
10c
15c
75c
$1.50
31'Ac
31 Vic
25c
Ring
——
Steel (quar.
——Bldgs., 7% pfd. (accum.)___
Bush Terminal Co., 6% preferred (quar.) —
Butler (P. H.) Co., 5% conv. pfd. (quar.)—
5r/o non-cum. preferred B (quar.)
Butte Copper & Zinc (year-end)———Byrndum Corp., $5 partic. pfd. cl. A (s-a) _
$3 partic. preferred (s-a)
——————
$T 2nd preferred ts-a)
i
Burlington
Terminal
Bush
$2.50
$1.50
$3.50
.
Payable
1- 3
12-20
1- 3
12-28
12-28
12-21
12-20
1- 3
1- 1
1-3
1- 3
1- 3
12"22
1- 6
1- 6
1- 6
12-15
Cluett Peabody
12-13
7%
12-15
(initial)--—-——
$1-32
(quar,)—-—w——
50c
(irreg.) ;
20c
Camden & Burlington Co. Ry. (s-a)_
—
•
75c
Canada Bread Co., 5% pfd., class B (quar.)
$62%c
6'/o 1st preferred (quar.)——————A■■'? ;$$1.50
Canada Cement Co., 6'/a% pfd. (accum.)—
$$1.25
Canada Cycle & Motor, common (quar.)—.
$30c
5Vi%
conv.
preferred
California Ink Co.
Consolidated Mining
Hecla
Calumet
.
.
—$20c
sinking fund 1st preference (quar.)— 7 l^lVi
Extra
5%
—
Ltd.——'—-.—
com. (quar.)
7% preferred (quar.———
Corp.,
Machinery
Canada
U5c
$$1.75
(quar.)——.——^
Mortgage (quar.)———
Packers, Ltd.
Canada
Permanent
Canada
Southern Ry.
Extra
Common
Colonial
preferred
5 "fn,
+$1)4
non-cum.
9
$6
preferred,
12-10
$7
preferred
12-10
Columbus
12-15
6%
12-17
6,Vz%
!
Participating
—
Ltd.,
Celanese
Extra
common
*(quar,)-?
(quar.)--?
12-30
4'A'b
$6
12-10
12-10
S3
12-20
1
___
class A
Cannon Mills Co.
Shoe
Cannon
1-10
1-10
Consolidated
.
$2
4Va%
12-15
4%
37VAC
50c
4?e
Clinchfield
Power
Carolina
Ohio
&
Light,
&
pfd.
preferred (quar.)
;
,——
Carthage Mills Inc., 6% pfd. A (quar.)
6% preferred B (quar.)
Case (J. I.) Co., common (year-end)—--—
V. 7'/o preferred (quar.)
Catalin Corp. of America (year end)
$6
—
\5Vc
7%
Corp. of America,
7%
prior preferred
Central
Illinois Light,
4Va7o
Central Kansas Power,
Maine
Central
5%. series
1- 3
12-20
50c ; 12-31
$125
1-1
$1.75
1- 1
$1.75
1- 1
75c
12-31
$1V8
1- 3
$1.18
1-15
common——
Central Electric & Telephone,
Power
—
.
6% pfd. (quar.)
pfd. (quar.)—
43A%
pfd.
(quar.)
„
preferred
(quar.)—.—
62'/2c
$1V2
$lJ/2
$1%
15c
$3c
—
(quar.)
preferred (quar.) _____——;
7% preferred (quar.)
7™
Central Paper Co., Inc.__
—____
Central Patricia Gold Mines (quar.)
Central Steel & Wire, 6% preferred (quar.)_
Century Electric Co._
—__
Champion Paper & Fibre, 6 '7o pfd, (quar.)_
Charleston Transit Co., 6% preferred (quar.)
:
———
,
Quarterly
Quarterly
Quarterly
12-
9
12-20
12-31
7
Continental Telephone,
6y2% pfd. (quar.)—
preferred (quar.)
Cooper-Bessemer Corp., common (year-end)
:
$1
$3 prior preference (quar.);
75c
Copper Range Co
—25c
Craddock-Terry Shoe Corp., common
$1
5% 1st preferred
$2J/2
4% 2nd preferred (s-a)
$2
participating
$l'/2
37Vic
Croweli-Collier Publishing iquar.)
50c
Crowley Milner & Co., 6V0 prior pfd. (accum.)
$3
Crown-Zellerbach Corp. (year-end)—
25c
Crum & Forster, 8% preferred (quar.)—1_
$2
Cuban-American Sugar, 5pfd. (quar )-? ?
$1%
3rd
3%
of
Cream
Davidson-Boutell
Dayton & Michigan RR., 8%. pfd. (quar.)__
De Jay Stores.——
—
—
Debenture & Securities Corp. of Canada—
12-
1
preferred
5%
12-10"'
12-11
Delaware
12-23
12-13
1
12-24
1-
3
12-16
Delta
Worsted
Co.
30c
50c
12-23
12-10
Tunnel Corp.—
*___
Detroit River Warehouse Inc. (year-end)
12-23
12-15
Detroit
Steel
Products
12-23
12-15
DeWitt
Hotel
Inc.
12-23
12-15
Diamond Alkali
75c
62V2c
25c
25c
1-14-44 12- 14-44
___
Diamond
6- 14-44
DiGiorgio
Pacific
Ry.—
...
(year-end)
Supply.....
Fruit Corp.,
$3 partic. preferred
(quar.).
partic. preferred (participating)_______
preferred (accum.)—•_—
—
?•;'
Class
Food
pfd.
$5
(quar.)
1- 1
12-15
12-31
12-11
12-31
12-11
12-20
35c
1- 3
______
50c
12-20
12-
10c
12-21
12-11
_________
40c
12-24
12-10
$1%
25c
12-21
12- 6
12-23
15c
1- 3
12-24
17c"
(quar.)__^
(year-end)
12-17
12-30
12-20
6preferred (quar.)$lJ/2
Co.,
1-3
13-21
12-28
12-17
(quar.)_____
Light,
preferred (quar.)
$7
class A___
Dow
Woollens &
non-cum.
Chemical,
12-2
12-23
1-1
1- 1
12-8
Co.
prior
preferred
(quar.)
6%
prior
preferred (quar.)_?,?.J_^_:______
preferred (quar.)__
•
:
Fostoria
Pressed
Foundation
12-20 ?
12-20
12-21
11-30
12-10
12-11
$3
12-20
12- 4
Co.
(A.
Steel
of
Q'A
J.),
(George A.)
convertible
conv.
(special)
Co.,
_________
(accum.)
preferred
(Robert) Co.,
preferred
Gannett Co.
12- 7
12- 7
1- 3
12-20
12-10
12-10
1- 1
12-21
12-10
12-24
12-„3
12-20
2- 1
12-10
1-20
1-15
1- 3
12-20
12-10
Dry Pack
Duke
7%
Dun
Corp.,
Power
Co.,
preferred
&
common
common
preferred
common
(quar.)
preferred
(quar.)
_
______
$1
50c
; 12-24
1- 1
1-15
12-22
12-10
12-15
31 Vic
12-22
1- 3
12-20
12-20
20c
•34%c
$15c
$$1V4
$$1.38
12-31
12-31
12-31
1-1
1-1
12-15
12-15
12- 1
12-1
12-1
1-3
12-24
T2-20
$1.50
10c
(qtiar.)___
75c
$l1/a
1- 3
1-15
1- 3
1- 3
12-21
12- 8
12- 1
11-27
12-24
12-11
12-23
12-13
Corp.,
12-14
12- 6
$6
12-15
$5.50
$lJ/2
1- 1
12-20
General
Public
Service
$6
12-31
12-31
12-15
12-15
General Steel
50c
12-21
12-10
General Telephone Corp.,
$2
1- 3
12-10
$l1/2
67c
Common
Wares Ltd
$iy2
1-
3
2-1
12-10
:
12-15
12-15
,
$1JA 12-8-43 10-15-37
$1% 12-8-43 10-15-37
7 *•
30c
(quar.)_
——
1- 1
1- 1
12t15
40c
—
$2y2 pfd.
12-28
$1V4
$iy2
(quar.)—
$62V2c
£50c
;
12-10
12-20
12-10*
1-10
12-20
.
dividend)_;
dividend)
(postponed
Refractories ___J
preferred
12-20
1-3
1-1
2- 1
2-15
1- 1
12-24
30c
_____
Georgia Power, $5 preferred (quar.)
,
12- 3—
12-10
10c
Corp.—
(postponed
preferred
12-21
12-20
12-31
$13A
$1JA
SUA
Mills, 5%
preferred
General
12-11"
12- 3 :-
15c
Printing Ink, common
preferred
(quar.)
12-23
1- 3
12-21
25c
common
preferred (quar.)__
General
12-21
12-13
12-24
9Y2C
—
Brewing
Bronze C0rp.__.1_.
Fireproofing Co., 7r/n pfd. (quar.)_
preferred (quar.)_—__
General Motors Corp., $5 preferred (quar.)_
General Outdoor Advertising, 6% pfd. (quar.)
General Paint Corp., $2.67 preferred (quar.)
$6
12-28
$2
(quar.)__
(quar.)
General
General
1- 3
$1»A
___________
Co.
12-10?:
12-10
H/2c
^
Baking Co., $8 pfd.
Box
12-15.
12-15
12-31
12-10
? •?
'
preference A
American Investors, $6 pfd. (quar.)
American Transportation Corp.—
convertible
50c
(quar.^A—
(year-end)
6%
$13A
$1.75
(initial)— _—
(quar.)
Bradstreet, $6
Duplan Corp.,
—
(year-end)
Dunlop Tire & Rubber Goods Co.—
5CA preferred
(s-a)
Common
(interim)
8%
—
—
new
Extra
General
12-15
12-15
$3
:
(year-end)
common
(Julius) & Co., common (quar.)_
preferred (initial quar.)_________
Year-end
General
12-8
12-24
12-24
(quar.)
Power Co., common
(quar.)
preferred (quar.)
___'
5J/2% preferred (quar,)__________________
General
12-20
25c
$2
(quar.)_^___________
Garfinckle
General
A___
12-14
12-31
12-15
(quar.)
Corp., common___________L—_?.___
conv.
preferred tquar.)
L_!
General
1- 1
12-22
1-21
:! 1- 1
(year-end)
Inc., class B preferred
Gemmer Mfg. Co.—
Class A $3 partic.
3-15 .J
6-15 .5
9-15
75c
$35c
$1.50
$l»/2
_____________
common
-
12-15
12-15
$13A
1
preferred^—■
Fyr-Fyter Co, class A
4-1
7- 1
10- 2
30c
(quar.)
preferred
Trailer .Co.
37J/2c
37V/2c
37Vac
30c
(year-end)
Corp.
Canada
Co.
12-22
1-3
$60c
59c
75c
-75c
$1
Corp.,
Dresser
1- 5
12-21
Fuller
60c
(quar.)
—
6'A preferred (quar.)—
Manufacturing Co._—
Draper Corp.
Dravo
12-20
12-15
1-15
J25C
12-23
12-15
1- 3
12-31
25c
General
preferred (interim).
$4 preferred A (initial)——
12-20
35c
(Canada), class A
Insulation
12-23
Worsteds—
3
,'25c
5%
partic.
1-
(quar.)
B
12-15
6%
12-18
50c
:
12- 2
3
Dominion
3
12-24
Fruehauf
12-3
1-
1- 3
Freiman
12-20
1- 3
1-15
$1%
12-21
Frick
1- 3
1- 5
1- 5
12-17
$1%
Society
6'io
5l'/o
1-10
12-13
(quar.)__l_J__?;_-_-_?.\
8%
'
1- 3
preferred
/ Gair
1-15
12-24
(quar.).
Garrett
_
50c
62V2C
Inc.
prior
4%
1
(quar.)50c
& Kleiser Co.,'6'i
pfd, cl. A (quar.)
37V2c
Wheeler, 6% prior preferred (quar,)_
37V2c
Foster
7%
6
75c
Class
-A
12-
12-23
$25c
Formica
6?b
3-11
?.50c
£0c
J.)
Gas
&
Shoe,
&
1
50c
Faper
12-10
conv.
12-11
4-
Gear & Machine, common______
Wallace Inc., $3 pfd. cl. A (quar.)
1-
$1.50 class A
:
12-15
1-1
75c
<N.
Pawners
Motor
12-12
Ltd.—
12-20
"!'25c
(quar.)______ '
B
12- 3
1-15
12-10
12-14
12-10*
12-10
12-10
12-28
12-28
11-24
Construction,
$1JA
*
Machinery Corp.
12-24
2-1
1- 3
12-23
12-24
1- 2
Steel
3-18
$2.50
Foote Bros.
pref. (accum.)_
$$lVi
Distillers Corp.-Seagrams, Ltd., 5/i pfd. (quar.)
$1V4
Dixie Cup Co., $2Vi class A (quar.)________
62Vic
Dixon
(Joseph)
Crucible___—
75c
Doehler Die Casting (interim)—
75c
Dominion Coal Co., 6% preferred (accum.)
$$1.88
•Dominion Foundry & Steel Ltd. (quar.)—_
I35c
Dominion Glass Co. Ltd., common (quar.)_
' t$l'A
7clo- preferred
(quar.)
——
$$1.75
Dominion Stores, Ltd. (quar.)
110c
Dominion Textile, Ltd?, common (quar.)_
$$1V4
7% preferred (quar.)
t$l3A
$1.75
12-1
Stove
12-20
12-27
75c
12-1
12-21
common
Stores,
Power
3
$1
.
Florida
1-
30c
—
State
5Va%
$1.75
(quar.)
12-21
25c
—________
Gatineau
Clinchfield Coal Corp., common
7% preferred (quar.)___
Clorox Chemical Co.
First
,
12- 7
5Cc
$P/s
25c
(quar.)37'/2c
"
12- 7
....
pfd. (quar.).
12-15
Cleaning & Dyeing—
National
1-3
7%
12-17
12-31
Extra
First
12-20
$lVi
$lVi:,
12-9
12-23 '
3c
Fidelity & Guaranty Fire Corp. (Bait., Md.)_
Fidelity Fund, Inc. (quar.)
_____
12-22
$3
50c
7'7o
preferred
(quar.)___
Ferro Enamel Corp. (year end)_________
50c
——_
(s-a)
&
Penton United
20c
__
12-10
12-23
Forge_
Water
$13A
Clinton Water Works Co.,
7%
Federal
12-12
'
12-22
11-17
Mining & Smelting (reduced)
Federal Motor Truck (quar.)
12-15
3-1-44 2-10-44
12-20
12-22
/? 4- 1
Federal
Disher
...l.
Mills..
Molybdenum Co.
(initial)
common
Drop
Insurance
12-20
12-10
50c
.
(year-end)
Cement Co.
75c
12-14
12-14
tTVzC
Co.
Federal
3
.....
...
$1.25
—
Rubber
Bake
1-
12-20
.
common...
75c
22Vic
_1
50c
3
1- 3
1- 3
$2.50
Federal
12-31
v
—
(s-a)
5%
•
12- 8
.
Driver-Harris Co.
Illuminating,
(quar.)
________
.
12-22
'12-22
12-14
J50c
Shops,
preferred (s-a)
12-24
12-22
1-2
Co.—
Portland
3- 14-44
—25c,7-14-44
Texas
Co.—
participating preferred
6%
4-14-44
25c 10-14-44 9- 14-44
12-10
12-20
2!7c
7% preferred (quar.)—
Canada
Federal
12-27
12-10
.
1-
—
Metallurgical,
Faultless
1-2
12-20
1-3
1-3
.?'""
12-15' '
25c
65c
Quarterly
12-15
12-15
12-20
1- 3
1-3
$1%
Farmers & Traders Life Insurance Co. (quar.)
1- 4
1-3
12-20
.
12-20
$iy2
:
Fansteel
Ford
$13A
7—..
—
12-18
3
l- 3
1-
(Syracuse, N. Y.)—-
Fanny Farmer Candy Shops
Forbes
$1
——
12-15
12-18
$1V4
(quar.)—
•"'Extra
12-15
10c
——
(quar.)
Extra
12-23
12-24
20c
Year-end
12-15
20c
1
(s-a)_
Electric
&
7
—
Cleveland
RR.
Delaware
12-21
12-1
•
'
1-1
•
(auar.)_„
Falstaff Brewing Corp., 6% preferred (s-a)_
Famous Players Canadian Corp., Ltd.—
Florsheim
.
12-21
? 50c+
(quar.)—_
(quar.)
12-11
12-15
12-16
12-16
12-10
preferred
Corp.
Flambeau
i^-20
12-10
$1.60
(quar.)___„_.;
Insurance
Florence
-.
'
;
Fairchild Aviation Corp. <year-endi
Falconbridge Nickel Mines (interim)__:_
"
12-10
12-10
12-21
4——— '
:50c
12-24
••'?,? •'?'?;■
Year-end
"
.
12-2.1
(s-a)$2.75
(s-a)
Ex-Cell-0
12- 3
12-3
v.-
Co.
Williamspcrt RR. Co.—
Excelsior
j
20c
Battery (year-end)
?' 50c
(resumed) _______25c
preferred
$1
Western RR. (s-a)
', ???
(Seattle, Wash.)—
10c
57b
37Vic
$1.25
$2
preferred (initial quar.)————-
4c/o
$1.50'
.
preferred
Foster
Corp.
Delaware Hillsdale & South
$6
$1
25c
(extra)-————_
Inc.
Delaware Power & Light Co.—
7
S1V4
3-1
2-15
SPA
6- 1
5-15
SPA
9- 1
8-15
$PA 12-1-44 11-15-44
Cincinnati & Suburban Bell Tele. Co, (quar.)
85c
1- 3
12-17
Cincinnati Street Ry. (year-end)——40c
12-15
12-1
Cities Service Power & Light Co.—
$5 preferred (quar.)—.—.
7—-';
$PA
12-28
12-15
$6 preferred (quar.)
$P/2
12-28
12-15
$'7 preferred (quar.)
!
$13A
12-28
12-15
Citizens Water Co. (Pa.), 7lo pfd. (quar.)—
$1.75
1- 3
12-11
Citizens Wholesale Supply, 6c/o pfd. (quar.).
75c
1- 3
12-30
City Auto Stamping Co. (quar.)
j
15c
'12-21
12-10
Clayton Silver Mines..
IV2C
12-20
12- 1
Clearing Machine Corp. (quar.)
25c
12-29
12-15
Climax
Fund
12-22
12-20
Consol.
Eversharp,
12-31
>
1-3
12-30
prior pfd. iquar.)_
common (quar.)
35c'
preferred,, (quar.56V4c
4'A %
I25c
$$2^
25c
12- 4
UtilitiesA-^??^15c
Engineers Public Service, $5 pfd.
$5V/2 preferred (quar.)__—;
$1.50
—:
12-20
1-
•
(quar.)
Detroit
iquar.)
preferred (quar.)__
5% preferred (quar.):
5% preferred (quar.)
5% preferred (quar.)—
Electric
(s-a)
Deep Rock Oil Corp
Deisel-Wemmer-Gilbert
12-20
preferred
6%
Co.,
,
12- 3
12-20
Inc., 6%
preferred
12-21
1-1
20c
31'Ac
$114
$H4
12-24
Co., 8%
Emporium Capwell Co.,
12-20
12-13
12-10
1- 3
12-23
12-20
12-24
75c
75c
Corp.
12-20
*
12-10 '
50c
Emerson Drug
/r'-?:-
———;————-—
arrears)
12-14
——
preferred
(accum.) (payment clears all
$4 prior pfd.
12-10
1- 1
12-17
■..
Corp.
7'7o
12-18
12-14
12-22
12-31
12-31
12-15
12-20
(quar.)
Year-end
Elmira &
12- 6
12- 6
:11-22
12-15
12-15
12-15
12-15
11-30
12-18
12-18
12-18
12-18
12-20
1-3-44
1-3-44
12-28
12-28
12-20
12-31
12-31
12-31
12-31
1-3
12-24
1- 1
1- 3
12-23
12-22
12-11
12-11
? 12-15
12-15
?"' '■'?■'
1- 3-44 12-20
12-24
12- 3
preferred (qUar.)___—_—$1%
Cuban Telephone,
common
$1
6%
preferred (quar.)_
:
:
.$l'/2
Cunningham Drug Stores—
-?'
6% class A prior preference (quar.) (s-a)
$3
Curtis Publishing Co., $4 prior pfd. (quar.)_
75c
11-30
12-15
-
7%
12-20
5%
$4.50
(s-a)—-,
(quar.)
Corp.
12-27
Tool, common___
preferred (quar,)__
—15c
Paper, 4J/2% preferred (quar,)..
$lVs
Christiana Securities Co., 7c/o pfd. (quar.)..
$l3/4
Cincinnati Gas & Electric, 5% pfd. A (quar.)
'
$1JA
Cleveland
preferred
Wheat
.
12-20
$1%
$1%
$13A
—
$1
Chillicothe
«
(year-end)
$1*4
,
.77—-—.—
Builders
(quar.)—
common
Dentist's Supply,
___________
Cleveland
(Del.)
Corp.,
(quar.)
12-14
—
&
1-22
1- 1
12-27
—
<quar.)__
Manufacturing Co.—__
Water
?'
50c
$2
V, 25c
$1'A
Co.,' common-.
<quaa\)__.
1- 3
12-28
:
—
Extra
12-31
12-31
$1.75
&
Elizabethtowji
12- 6
12-16
12-10
12-10
12-15
12-15
1- 7*
12-17*
12-31
1-15
Auto-Lite
Electrographic
-
1-15
$1(4
60c'
(quar.)
(quar.)—
Electric Storage
12-15
12-15
1-15
12-28
12-28
2- 1
50c
1-
1
"
?■
12-15
$lJ/2
75c
B
Quarterly
.
;
;
1-
3
'
(increased)
12-10
1-
Products
12-17
12-17
12-15
12-15
com.
12-10
1-
Electric
1- 3
1- 3
,1- 1
1- 1
12-21
1-1
1- 3
1-3
12-31
Retail Stores,
12-10
12-20
12-15
12-15
12- 1
12- 1
1-
12-15
1- 3
1- 3
450c
*
1-
12-10
Ferries
$17A
(quar.)
12-24
(quarterly)——.—
6%
pfd.
1-
12-10
1-
Electric
80c
(year-end)————Davega Stores Corp., common (irreg.)—_
5% conv, preferred
(quar.)
Davenport Hosiery Mills, common (yeax*-end)
7'b '.preferred
(quar.)
David & Frere, Ltd., class A (quar.)
12-24
75c
$1
$3
75c
$2.25
$7.50
12-
——
preferred
Oil
Orl.
12-17
V-v
12-20
„,
New
12-17
12-17
(Boston)—
50c
Chicksan
Cincinnati
12-17
12-15
$1
Trust
$1V4
—
prior
1
....
—
Shaft
Cotton
12-11
12-
Household
1- 3
(Bait.)—
(initial)—
Chicago Great West'n Ry., 5 % pfd. (accum.)
Chicago Mail Order (year-end) __—
—7
Chicago Pneumatic Tool Co., common.
7 $3
conv,
preferred (quar.)_
conv.
12-12
12-20
50c
common——^™!
preferred, (quar.)—
Chicago & Eastern Illinois RR.
$2.50
12-13
$iy2
—
Chickasha
12-13
75c
$1V4
Artificial Ice (year-end) —7.
Chicago Burlington & Quincy RR. (year-end)
Chicago Corp., $3 preferred (quar.)
;
$3 preferred
(accum.)
Chicago
Flexible
12-14
12y2C
$iy2
•
Chesapeake-Camp Corp., 5Yo pfd. (quar.)—
Chesapeake & Ohio Ry. (irregular)—
—_
Chicago
1-10
Power
u.
Curtiss-Wright
6%
5%
12-14
12-14
Co.—
$6 preferred
Chicago Daily News,
1-3
1- 3
1- 3
12-24
12-14
&
12-31
12-31
7%
1
$4
$1.75
10c
(qUar.)„—*7';,
prior preferred (quar.)—
2nd preferred (quar.)
/
4
12-14
Electric
90c
$V/a
Electric
12-13
12-23
25c
pfd.
common
common
preferred
12-10
12-20
25c
(Texas)—
Co.,
12-31
$1%
6%
(quar.)
Electric Controller
Mining & Smelting of Canada—
preferred
Co.
preferred
12-17
12-18
,1-1
5c
50c1
.
Paso Natural Gas
12- 6
t'75c
.7%
12-
1-20
1-3
Laundries,
Continental Steel
Electric
Paso
12-17
12-24
40c
—
(quar.):
12-31
30c
Baking
A
12-31
(quar.
Investment
preferred
preferred
6%
(extra)—
(Del.),
2-1
.
(year-end)-;—>
,"
•
12-28
25c
Works
25c
;
(quar.)_
B
Oil
Electric
$4.50
El
Ltd.
Elastic Stop Nut,
,r
Continental Oil Co.
12-16
El
■
...
Continental
12-18
$114
$1.50
60c
(quar.)—
•
Celanese
preferred
12-15
12-
Y.—
Paso
7%
12-24
10c
(quar.)
Stores
$1'A
Light
12-24
12-28
of N.
Extra
12-15
12-21
1-28
$1V4
$1%
(quar.)---
Ry.
$7
12-18
12-24
10c
12-24
Dorado
12-14
1- 3
.
1
12-10
12-21
25c
:
8% preferred (quar.)
$2
Consolidated Steel, Ltd., common
$25c
$1.75 preferred (quar.)_l______..
$43%c
Consolidated Water Power & Paper (quar.).
50c
Consolidation Coal, $2.50 preferred (quar.)."*
62M>c
Consumers Power,
$4V2 preferred (quar.)__
$lVa
$5. preferred (quar.)$1,A
Continental Assurance Co. (quar.)
50c
12-15
50c
,
$37c
common (s-a)
56c
1- 3
,_7—i—$$;7 12-20
preferred iquar.)
1
1 $1
1- 3
1st
Carolina
1- 3
12-29
12-23
.
3
20c
•
■
12-24
12-14 '., 12-17
20c
'
Fund
Manufacturing Co., 8r/o pfd, iquar.)
El
Industries—
preferred C
87o
12-23
1- 3
10c
$2
25c
•
...
1-
12-20
12-17
(quar.)„_
'
Stock
Brothers
El
12-15
12- 4
12-10
12- 1
(quar.)
(accum.)
Elec.
Consolidated
12-20
12-
Edison
1- 1
12-20
1- 3
-i,—w—20c
Extra
11-19
75c
(year-end) .1
Co
Extra
11-30
.?
12-24
J20c
1- 3
;
Fund
1
12-31
Ltd
Semi-annual
3
Co.,
Extra
Co.
-
Special
12-17
Balanced
Howard
&
Edwards
Quarterly
12-17
& Howard
Extra
Eaton
12-22
(year-end)
com.
12-15
12-14
12-14
? $25c '
(quar.)
Eaton
'??
'•
|i7Vs>C/"
preference
$4c
Canada
(quar.)
Consolidated
12-15
Capital Wire Cloth & Mfg., $l»/2 pfd. (quar.)
Carnation
Film
Gas
Common
.
7%
Ecuadorian Corp.
(quar.)
preferred
Consol.
12-15
"77; 7
———:?•
.
preferred
$5
1-10
1-15
1- 5
1-3
50c
1.'——-
(quar.)
Co...
Capital Transit Co.
Biscuit
of
Consolidated Edison Co.
12-15
$$1
?
:—
$ 1 V'a
& Power,
Bakeries
1- 3
1-3
12-29
12-29
_
?Commoh;.(initial)
.
12-3
12-16
12-4
12-4
1-3
12-31
1-3
■■;'
(year-end)——:
Easy Washing Machine, Ltd.-—
12-11
12-11
1- 3
.
$1%
25c
25c
non-cum.
Economy Grocery Stores
75c
12-23
Class B'
—
(quar.)
11-15
..7:v'"7'
Boxes Ltd.—
preferred
Consolidated Cigar Corp.
Consolidated Dry Goods
12-28
1- 3
1-3
(Ontario)
(reduced)
12-10
1- 3
$1.75
.
12-18
12-15
12-15
12-10
1-1
10c
Paper
$3.50
VA,,:. ?
1- 3
1-3
$1V8
Corp.—
'?;.?1
: ' ?.?
preferred (accum.)—
Easy Washing Machine, class A (year-end)
Eaton
Coke Securities—
Consolidated
,
1- 3
$1.37Vs>
$1.50
Ltd.
Gas &
Consolidated
12-15
3
12-31
1- 3
71- 2
;.
1- 1
.
.
:
t
75c
Steamship Lines Inc.—. ' ■
$2 conv. preferred
(quar.)__:——_L„50c
Eastern Theatres, Ltd. (interim)
t50c
Eastman Kodak Co., common (quar;)j
$1V4
'? 6% preferred (quarlA-v---—-'i—'
$1V2
12-10
12-11
12-24
50c
12-15
Eastern
t$lV2
Mines
Connecticut Light
1
12-
12- 8
Quarterly
Coniaurum
1-3
$$4
J$l%
$50c
$$2
7% pfd. tquar.)_
Canadian Light & Power Co. (s-a)
Canadian Oil Cos.—8% preferred (quar.)
Canadian Western Natural Gas Light Heat
6 Power Co,, Ltd., ordinary----------Canadian Westinghouse Co. Ltd. (quar.)—
Canadian Wirebound
(quar.)
Connecticut
$$2
■
—-
Ltd.,
Canadian Industries
preferred
12-10
1-3
12-22 ;
$1
.
7-'";7?y;;.
A."??
$1
Confederation Life Association
12-10
(accum.)
12-15
Associates—
preferred (accum.),.„•
4V2%: prior . preferred
Eastern Rolling Mill (resumed)
12-10
(quar.)
3-15
12-31
(s-a)
Indemnity
Canadian
preferred
12-20
12-15
$6 pfd.
Water Co., 5V2% pfd. (quar )
Water, & Light, Co.—
?.:
$6
$7
-
,
Consolidated
$$1V2
12-24
(accum.)
Commonwealth
12-13
$$2
——.—A
(quar.)
Ltd.
Canadian General Electric
preferred
Commonwealth
12-13
12-
12- 7
12- 7
12-10*
12-3
8c
Commonwealth Securities,
12-31
i$l
$$1.75
12-28
12-28
1- 1
12-20
(quar.)
Corp....—30c
Commonwealth & Southern .Corp.-—
Foreign Investment Corp.—
preferred (quar.)—
Trust
12-11
12-
12-31
75c
$1.06'A
75c
(quar.)...-
(quar.)
12-10
12-15
12-
1-15
1-10
1-2
1- 2
1- 1
$1.50
6%
;:
12-28
1-15
'
of Rec.
1-25
$l»/2
"
preferred (quar.)__^
Corp., 5% conv. prior pfd, (s-a)—
Eastern Gas & Fuel
Payable
$lVa
preferred
Eastern
s
■
When"' Holdert
per
' [share
& Co.—
de Nemours
Pi.cher Lead, 6%
Eagle
12-15
1-15
12-23
12-31
1-3
2- 1
,:■?''
Name of Company ~
(E. I.)
(quar,—
Durham Hosiery Mills, 6%. pfd. A (qUar.)__
,
$P/2
? $1%
$2
10c
'•
1
?
•
$4V2
Electric—
common
Solvents
Consolidated
(quar.)——$50c
Food Products
8%
Co.,
preferred
Investment
12-17
Canadian Fire
Canadian
Ohio
Commonwealth Investment Co
12-15*
12-15
Canadian
Canadian
Credit
conv.
12-21
preferred (quar.)——
.—
JSlVa
Converters, Ltd. (quar.)—.
$50c
Insurance (s-a)—L-—- •. v . $2
6%
(quar.)
Commercial
11-25
$2
$1.50
$1.75
■
(quar.)
Engineering Co. (year-end)
Alcohols, 8% preferred (quar.)
Commercial
12-30
1-3
——
$1
(resumed
common
class B
Commercial
12-15
7%
(quar.)—
1
Common
12-30
1- 3
rights
)
?
preferred (quar.).—-,—————;_?,
Canadian Cottons, common (increased quar.),
Founders
pfd.
11.
■
,? ;?
.;
w
f
duPont
15c
Commercial
$53c: .7 1-10
,1:25c
12-31
7..' $25c
12-31
——7 '
,
$4J/2
Southern
Combustion
6
2-1
1-3
1- 3
1-3
iquar.)—
Canadian-Car & Foundry, partic. pfd.
Canadian
2- 1
.
—
?',•)„.•
of Rec,
12-24
12-10
1- 3
12-24
12-31
12- 7
12-23
12-14
1- 3 *?' 12-21
1- 3
12-21
1- 3
12-21
50c
$1.75
$1.06VA
_
(quar.)__
preferred (quar.).—
20
$5c
.
preferred
conv.
1-15
Co.,
&
(year-end)
com.
preferred
12-20
$15c
iquar..)
—-————
12-21
1-25
Ice
3
12-
U2y2c
|25c
¥5c
(quar.)—-————
Ltd., common (quar.)—
1st preference
cum.
60c
$50c
Canners,
Participating
12-27
(extra)
12-
12-
Inc.,
Co.
.A
(quar.)....:
,
4.-—--—
Canadian
12-20
12-27
12-27
$$2
1-3
$$1V4
1- 3
t$l2- 1
$37V2C
1- 3
$85c
1- 1
$37%c
2-1
Steamship
Canada
1- 3
$"
Lines, 5'H> preference-Co. ts-a)—————
Canada Wirebound Boxes, class A (accum)Canadian Breweries, $3:40 preferred (quar.)_
Canadian Bronze Co., Ltd., common (quar.)
Canada
51c
$50c
1
Northern Power Corp.,
Canada
1" 1
12-20
12-22
1- 3
1- 3
&
preferred
Colgate-Palmoiive-Peet,
12-3
12
When
Payable
.
Name of Company
of Rec,
Holden
Per
thare
Holdert
California Electric Power—■
\,7
Monday, December 20, 1943
THE COMMERCIAL & FINANCIAL CHRONICLE
2514
12-
12-15
12-24
12-13
G2y2c
1- 1
12-15
40c
12-24
12-13
Volume
Number 4239
158
THE COMMERCIAL & FINANCIAL CHRONICLE
Per
Name of
'•
$6
"
preferred
General
;
Company
/'General Time Instruments,
share
\.
(year-end)
com.
When
Payable
50c
_
(quar. 4.—,
& Rubber, 6%
preferred A
Safety Razor, $5 preferred (quar.),
Gimbel Brothers, $6 preferred (quar.)—___L
General-Water
Gleaner
Glen
Gas
&
Harvester
Alden
Coal
Glen, Falls
1-1
Glidden
Co.,
Electric, $3
12-31
2-
1-25
25c
12-30
12-20
11-30
(quar,)_^v
40c
—
1-
(quar. ),„___
preferred (quar,)__
Mines, Ltd. (interim)
GoKlblatt Brosi, $24 conv, preferred (quar.)
1- 3
class A
62V2C
576
Gorton-Pew
$1
75o
Hosiery Co. (year-end)
(\V.: T.) Co., common (quar.
Granite
City
-
,
Great
American
American Investing Inc. (initial quar.)
Great Lakes
$2
.6%
Great
pi ef. B (accum.)
12-31
75c
12-31
.
Sugar,.-common (quanj^'vi',
12-
(year-end),..;,
$ 1J,2
•
,.7;
12-15
y
12-20
Wire,- Ltd.
<B.)
Greenwich
Gas,
(quar.)._i^^J._diun..
(year-end)-—
common
i
15c
System,
Inc.—4:
6% preferred (accum.)
Greyhound Corp., common (quar,a.-:
$2.25
25c
Extra
5
"
12-21
-
7 25c
7:13%c
i
12-21
;;
4.76.-preferred (quar.
Western Brewery; com. (irreg.) .-;
$1%
Vi'iir, preferred '-(quar.);—
y
3434C.^
Group No. 1 Oil Corp.-———-iiXl;.—~~^-V 7.7;$50
Group No. 2 Oil Corp.
,
- 10c.
Watch
Co.,
•15c
common.......———r.__
.5% preferred (quar,)^^.-^—
Grumman Aircraft Engineering Corp.— .7.
Realty
Gulf
Mobile
Gulf
&
Power
Co., Mb
Ohio,
Co..
$5
preferred
Halifax
Hall
A
Insurance
(W.
F.)
(quar.)
1- 3
12-.21
.12-17
$1.50
1-3
43%c
•:
1- 3
25c
•
;
1
4 476
Theatres,: 776
Paper,
common
6
12-
6
preferred
(quar.)
Hanover Fire Insurance
Harbison-Walker
676
(quar.).—
Reiractories—
preferred
Harnischfeger
Y.)
Corp.,
,7
j
(quar.)
common
12-15
11-15
12-20
12-
$1.,12Va7
1- 3
30c,7' l- 3
...——/.-v
(N.
1-4
12-31
25c
7v-j;/
12-22
11-30
Keith-Albee-Orpheum Corp.—
12-22
12-
8
12-22
12-
8
'.:15c
30c
—
y
30c
Harsh aw
Harvill
Chemical
Co
Corp..
25c 7, - 12-22
;.7;
—
10c
12-10
a--
Corp. .of
6476
America,
preferred
class
A
(quar.)
Haverty Furniture,
preferred
Helme
(G.
I'M
(quar.)...
W.)
Co.,
25c
((quar.)—________iu-Motors Corp
a_.
Powder
77t>
prior
Hinde
&
571
Dauch
(quar.)—/.—
(Canada) (quar.),...
25c
-
1-
$5c v
Bearing Co.—
Co. (reduced i_
Mfg.
class
A
Light
&
Natural Gas,
preferred
4
12-
12-16
1-25
12-31
12-22
tS3y2
$1(^
12-31.
12-10
12-22
12-10
12-24
.
62V2e
1-
$1
$1(4
;
1-15
30c
_
(year-end).,
'
75c
12-20
12-22
$1
12-10
Gil
(Texas), 676 .preferred,,—
6preferred (accum.)...—■—
Howell
Howes
6%. preferred (quar.),—.
1st preferred (quarterly)
2nd preferred (quarterly)
Iffo
Co.,
12-10
Lambert
12-217;
12-10
$1.50
12-21
12-10
$1.75
12-21
12-10
$1.75
12-21
12-10
12-20
12-18
40c
12-20
12-10
56(4c
12-27
12- 4
...
(Harvey)
Humble
Oil &
(quar.)
Hummel-Ross
Fibre
(initial).
Corp
6%
Huron
(quar.)
Ltd.,1 class A
Class B
&
Class
Latrobe
(interim)..
t50c
__
Erie
Mortgage Corp. (quar.)—....
Huttig Sash & Door, 7% preferred (quar.).,
Ideal
12-15
12-15
Cement
Co.
t$l
3-
1
1-
3
1- 3
1-
12-
.
12-30
12-20
12-22
12-10
15c
413/
$1/4
—...
12-22
,9
Lines, 4%
Leased Lines,
gtd.
(s-a)
—-——
4% ,gtd.
(s-a)
—::—
$2
.
,
1-
3
7-1
6-10
Incorporated
Investors
—
...—...
—
Independent Pnenmatic^.Tool, v.t.c
$10c
20c
50c
preferred
(quar.).
——
$1.25
11-16
12-22
12- 6
12-27
2-
12-14
.
1
-
,
1-10
$3
preferred
(quar.)".—
75c
I-
1-
12-20
3
1
12-
3
1-15
1-
3
Lima
$114
1-1
Lipton
McLeod
&
3
12-15
Mead.
1-
3
Oil
&
Co.,
Gold
Mines
1-
2
12-
3
1-
2
12-
3
3
12-18
Dredging
Johnson
&
1st
(s-a)
preferred
pfd...,
Miners
preferred
Transportation
(quar.)
Co.
12-10
Meyer-Blancke
1-15-44
12-30
12-10
12-15
64
preferred
12-27
12-15
7 4
preferred
12-27
12-15
Midco
series
preferred
•
12-22
12-22
12-28
12-18
1-
1
12-17
$1%
2-
1
1-14
10c
12-31
12-10
$14
12-31
12-10
174C
12-30
12-22
15c
12-31
12-20
25c
1-15
1-
4
Steel
Co.—
preferred B (quar.)
Mississippi River Power, 64 pfd.
Missouri Edison Co.„ $7 preferred
;
(quar.)
Corp,,
,
common
Works
B
/.
preferred
Co.,
preferred
Co
(quar.)„
common
(quar.),,,,„„i.,_(quar.)_„_
:
1-15
12-31
Monongahela
1-15
12-31
(Thomas J.), Inc.,
Penn
12-2Q
3
12-20
1-
12-10
3
12-15
12-20
12-10
$1.20
1-
3
12-17
1-15
12-22
1-15
1-
3
12-15
1-
1
12-15
c
1- 3
87 4c
12-29
12-15
12-29
12-15
(quar.),,
50c
1-15
12-10
(quar.)__—_
$14
1- 2
12-10
Telegraph Co. (quar.)——
Radio, v.t.c. (quar.)———
Moore Corp., Ltd,, common——
$48C
1-15
12-15
50c
12-24
12-15
$55 4c
$66 4 c
1- 3
12-21
Monumental
$1
1-3-44
12-14
$2
common
Montreal
12-: 3
$7
12-22
12-
1-15
1-
5
74
$40c
12-27
12-15
class
A
—
3
c
74
preferred A
(quar.)
——
preferred B (quar.),:
Moore (Wm. R.) Dry Goods, (quar.),—
12-27
12-13
1-1-44
12-15
12-31
12-18
Morris Plan
12-31
12-18
Motor
5c
12-31
12-18
Mueller
25c
12-31
12-18
Munising Paper, 54 1st preferred (quar.)
Munsingwear, Inc. (year-end),,——
12-15
12-20
1-
10c
12-21
12-10
50C
1
1-3
$14
12-31
12-22
$30c
$$1%
——
12-20
12-22
12-20
12-15
Service—
(quar.)—
"preferred (quar.)
Montgomery Ward & Co.,
12-31
374c
12-20
434
Public
;
54
50c
50c
€76 pfd. (quar.),.
12-15
.1-3
$14
$1.75
i,
Monroe Chemical Co., $3.50 pfd. (quar.)—
Montana-Dakota Utilities, common—
$9.52
3-15
3
2c
——
Moneta
!
1
1-
.
12-
12-31
4-
12-15
3
3
1-15
$14
12-20
3
1-
1-
Porcupine Mines (s-a)Monongahela Valley Water Co.—
74
preferred (quar.),
5
3
1-
$2
12-10
2-
1-
12-15
12-15
1
$14
$1.75
12-17
12-27
3-
12-22
12-15
3
50c
12-20
12-29
(Springfield, Mass.)—-
50c
,
12-30
5C
5c
124c
(quar.)
(quar.)
12-14
64c
124c
$1,624
preferred
1
12-27
3
—
5c
61476
.
12-
1
3
3
12-10
1-
12-29
5c
1-
2
1
$3
1-
1-
1-
12-20
12-15
?l3/i
1-
$134
12-15
$14
1-
62 4
12-15
2_;
(quar.),_
&
West
3
3
54%
preferred
12-20
1-
3
Modern
$3
,
12-1
1-
$$1
12-21
1
12-27
1-
62 4c
12-31
1-
$1.75
$14
$174c
20c
(s-a)„
1
$14
Monarch Life Assurance
12-15
1
12-
*
12-15
12-21
12-
1
$1.50
3
12-27
1
$1.50
(quar.)
——
1-
12-31
1
1-
1-
12-15
Mohawk Liquer Corp.—,————
Molybdenum Corp. of Amer.,,
30c
12-1
12-
12-15
12-17
60c
(s-a)
1
1
3
(quar.)——.:
Semi-annual
12-11
11-
1-
64
.74
12-22
.
3
12-15
50c
12-16
3
3
75c
12-221
1
3
3
(Ontario)—
5
1-
Mississippi Power, $6 preferred (quar.)—_
$7 .preferred (quar.),
Mississippi Valley Public Service—
Mobile
2
11-
1-
1-
12-31
12-15
12-15
12-
1-
1-
12-20
1
12-15
$1.50
—
preferred
'
$1.50
(quarterly)
(quar.)
2
12-15
'
$1.50
374c
-
1
2-
1-2
1-
12-22
6
(quarterly)—__
Birmingham RR., 44 pfd.. (s-a)
Containers, Ltd., common (quar.)
preferred (quar.)
;
Modine Mfg.. Co.
(quar.)—
1-
$10c
(interim),,
12-24
12-15
12-29
2-1-44
25C
preferred
$6
12-
'
Tool & Mfg. (quar.)
Miller Tool & Mfg. Co.
(year-end)—,—
Minneapolis Gas Light Co.—
"
$5 participating units (quar.)
64
11-30
12-31
_________
Minnesota Power & Light Co., 7.4
pfd.
$.14'
12-15;
$1.75
1940
Midwest
$!
:
2
1-17
$J4:
Mid-West
67'/2C
12-15
■12-15
12-21
$14
(quar.),_
Midland Grocery Co., 64 preferred
(s-a)_—
Refineries Inc.,
common,———
19-14
12-29
12-29
12-15
1-
1-
c
$14
Oil
12-24
12-15
1- 3
$1.75
(quar.)__
Michigan Associated, Telephone—
6 4
preferred (quar.)—
Michigan Public Service Co.—64 preferred (quarterly)
64 junior preferred (quarterly)
12-10
12-22
3
$1%
12-10
12-27
2
1-
$14
$1%
2
12-18
1-
25c
preferred (quar.)
prior preferred (quar.)
$7 prior preferred (quar.)
12-10
4
12-23
624c
$6
12-23
1-
12-15
3
12-29
$14
$7
12-23
12-20
1-
$1,314
preferred (quar.)
Edison, $5 preferred
(quar.)
74
1
12-20
•
1-15
50c
preferred
Co.,
11-
12-30
25c
•
12-23
12-18
2
$l'/a
Metal & Thermit Corp., 7 4
1
2
$1.75
(quar.)
Metropolitan
1-
11-
12-13
12-10
3
$14
11-29
12-28
1-
25c
______
Machine
12-10
12-29
$30c
Merchants Refrigeration, 74
preferred..,..'
& Co., common (quar.)
444
12-31,
12-20
624
11-29
25c
12-22
62 4c
(s-ai
12-22
$1.4
7
1-15
$1
$5c
Merck
12-23
V
7
12-
35c
12-22
$2'/8,
4
12-
12-24
-
Mesta
12-10
12-
12-24
75c
9
3
12-20
25c
9
1-
12-15
$30c
(quar.).......
12-
1-
12-24
$$1.11
12-
12-10
12-25
25c
preferred '(s-a)
&
12-10
1
50c
12-20
11-30
1-
25c
Co
Co.
preferred
12-15
12-23
$1.25
54
1
25c
____
.12-20
12-20
12-10
1-
$$14
5 44
preferred (quar.)
Mergenthaler Linotype (year-end)
Merrimac Hat Corp., common (extra)___.__
12-30.
12-15
12-26
14C
(interim)
Melchers Distillers, Ltd., 64 partic.
Mengel Co., common (year-end)
1-
12-31
12-
1
1- 3
12-
1
$14
1-
3
12-
1
$14
1- 3
12-
1
$14
Morrison Cafeterias Consolidated—
74
preferred (quar.)———
Bank
Finance
Murphy
Brass
(New Haven)
Corp.,
$5
Co
(G. C.)
;
12-15
12-15
75c
12-15
12-20
12-31
12-31
50c
class B
12-15
12-10
12-10
.
1 -, 3.-
1-3
12-27
35C
Meadville Telephone, 54
12-20
12-20
12-20
$2
$1%
12-14
12-16
12-11
374c
common,,,,,,,,,,
12-15
12-23
3
1-15
1-15
$1%
Works,
1-1
.j
1-
1
2c
12-24
*'•
12-15
$$14
Robbins, $4 pfd. (Initial quar.)
McWilliams
12-14
9
1
$14
Petroleums, Ltd., partic. pfd. (s-a)
McQuay-Norris Mfg. Co. (quar.)
12-23
12-
1-
12-24
12-
$14
:
(quar.i.
Cockshutt
y;1 1- 3
1-
12-20
$1
(A. G.)
6214C
—
conv.
61476
(quar.i,
(quar.)
preferred (quar.
Special
$2
$ 1.14
$3.50
Ltd.
Lipe-Rollway Corp., class A
$1
preferred
McManus
6c
Stores
Link-Belt
12-14
64
series
$$1
Locomotive
Class
McKee
McKesson
$1%
7
,
Electric
Lion Match
Indiana Gas & Chemical Corp.—
•V
12-
1-
$ 114
$1.50
1
SI.75
(quar.)
B
Extra
..' 7
Indiana Associated Telephone Corp.—
$5
12-31
1-
25c
(increased)
Levy Brothers Co., Ltd. (interim)
Liggett & Myers Tobacco, 776 pfd. (quar.),
.
3
25c
.
Link Belt Co.,
(inter'm)
12-17
12-
3
1
.
Co., Ltd,—
1
64
preferred (quar.)
McCrory Stores Corp. (quar.)
McGraw Electric Co. (extra)..,
McGraw-Hill Publishing Co.
(year-end)
Mclntyre Porcupine Mines, extra.
3714c
(quar.)
Loan &
Investment
preferred
Lerner
12-11
$2
1
6
11-
1-10
$1.75
Co.
Alkali
preferred
$2.55
Lehigh & Wilkes-Barre Corp.—,—,
10
Imperial Tobacco of Canada—
Ordinary
12-10
11-
Electric
74
$2.97 V2
(year-end),,
Lehigh Portland Cement Co., 476 pfd. (quar.)
Illinois Central RR. Co.—
Leased
1-18
2c
Participating
12-20
6
2-1
50c
Lehigh Coal & Navigation
12-10
,,
12-31
McColl-Frontenac
$116/
(quar.)
Extra
6%'
12-15
35c
12-
12-20
$8c
Co,
Common
6
12- 6
3
7
Lawyers Title Insur. Corp.
(Richmond, Va.)—
2-15
■
$134
(quar.)___L—1'—
Illinois Bell Telephone Co..
1
Mathieson
12-10
37'/2c
Langendorf United Bakeries, 676 pfd. (quar.)
Class A (quar.),,,
12-30
J50c
.
Master
12-10
1
$6
Lamson & Sessions. Co., $2.50 pfd.
(quar.)
Landed Banking & Loan (Ontario)
(quar.)_.
Lang 'John A.) & Sons (quar.)
'
12-30
$1(2
(interim).—..———
12-10
1
25c
preferred
12-10
1
$1
Extra
10c
^
preferred
Hunt's
preferred
(Irregular)
7('2c
Extra
1
,
__
—.——
Refining, new stock
SI:
$2V2
12-15
12-20
(year-end)
1-
12-24
(accum.),
3-20
3
174 c
$50c
Lambton
12-15
Howe ■ Scale
Hubble
12-21
12-28
-
Co.
1^
75c
(interim)
1
1
1-
17 4 c
Marven's, Ltd., 64
Maryland Drydock Co., common,,/.,,,,,,,,
74
preferred (quar.)
Massachusetts. Investors Second Fund—,,,,.,
Massachusetts Plate Glass Insurance (s-a)_.
Oil
12-20 '
14-
$14
t,"
40c
preferred
12*/2c
Motors,,——
...
2nd
1-
3714 c
37'/2c
preferred
$2
Electric
Bros.
7%
75c
preferred
'$1%
$1.06'/4
(quar,)
(quar.)
Emil)
Lamaque Gold. Mines,
"
Houston
6 4
25c
conv.
776
12-10
12-22
62V2c
—
12-31*
.
1-10
12-15
12-15
25c
70c preferred .class A (quar.)
La Plant-Choate Manufacturing Co.—
Common (quar.)
12-20
12-31*
.
&
Field & Co.,
7
12-20
12-20
25c
preferred
Merchants
-
12-9
2
1-15
12-31
12-28
20C
776 2nd preferred (quar.)___
La Crosse Telephone, common (irreg.)
' 676 preferred (quar.)
La Salle Industrial Finance Corp.—
12-31
50o
:
(quar,),.——_
(quar.),,
common
1-15
Tel.
12-
3
50c
25c
preferred (quar.)
Kroger Grocery & Baking-—
676 1st preferred (quar.)
12-15
12-15
$1.75
476
12-11
3
15c
.
(quar.)
1-
$2.70
11-30
7 4
1-
(Toronto,
10c
(quar.)
Koppers Co., 6% preferred (quar.)
Kresge Department Stores, common
-
3
3
25C
Marion Reserve Power, $5 preferred
(quar.),
Water Co., 74
pfd. (quar.),
11-30
1-
25c
—
Knapp-Monarch,
7
6
12-31
lc
:
-
(monthly)
Power
12-10
lc
(quar.)
Household Finance Corp., common
576 preferred (quar.)—
576
12-1
50c
Maritime
11-29
40c
—
(D
12-15
$1
(year-end.)
preferred
Klein
12-15
1-15
12-20
12-31
1-
12-29
30C
Marion
$ 114
B:
12-1
12-20
12-27
Class
12-1
,
Renfrew & Co., 776 pfd. (accum.)„,___
Hooker Electrochemical, 676 pfd. (quar.),,.
Houston
12-28
.30c
Houdailie-Hershey,
12-18
$25c
>
..,7
*
l-.l
12-15
1-15
7 '
Kingsburg Cotton Oil, common
Kings County Lighting, 576 pfd.
676 preferred (accum.)
776 preferred (accum.),_____
Kirsch Co., class A,
12-18
12-28-
--—
Holophane Co.
&
1
$1 lA
Holt
Ball
1-
50c
common,:
Hollander (A.) & Sons, Inc. (extra)
Hollinger Consolidated Gold Mines (monthly)
Houston
1-18
$134
—
(quar.)
Holly' Development
Hoskins
12-14
1-28
31V4c
Hinde & Dauch Paper
Holland Furnace Co
Hoover
12-24
12-23
50c
676 preferred (quar.)
12-13
15c 7
(monthly)—
Extra
4
Co.
1-
(quar.)
Kerr-Addison Gold Mmes
4
12-
Insurance
xl!4 76
Kimberly-Clark (quar.)
12-10
5'v,^preferred (quar,)——
Paper,
preferred
12-
3
12-23
15c
preferred
3
12-21
a-
Corp.;
•
$1
Monthly
Oil
-
1-
1-
•
.
-■
.
1-15
11-30
12-15
$$6
1
3
3
$1%
Mapes Consolidated Mfg. (quar.)
Margay OH Corp. (quar.)
Marshall
Year-end
12-17
12-17
.
25c
(year-end)
'
-
$13.4
-
Co.
Hibbard Spencer Bartlett & Co.
Hickok
12-27
,
Manufacturers
1-3
1-
$1%
$1.25
Ken-Rad Tube & Lamp Corp.—
Class A (year-end)i.,—
12-17*
(quar.),,,,
11-30
Kennecott Copper
12-17
7 12-27
$l'/4
preferred
Hercules
3
43%C
(irreg.)
common
11-23
1-
12-27
pfd.
12-15
'
Kendall. Refining
1-14
J4
12-24
x$l%
12-15
$3
$14'
12-17
:
3
$64
1
2-
12-24
1-
50c
(special
(qukr.)
Life
1-3-44
<
,
—
Co.,
12-15
40 c
(quar.
common
11-30
Co.
$2
$1,624
(s-a)
3
(quar.)
preferred
11-29
3
Class B
Kendall
12-20
12-20
-
1
1-1
10c
——-
Hercules
2-
s
25c
Extra /___r_^.__a.
■
12-15
$1.25
—.
7;
12-15
37(ic
/,
.
conv.
12-24
1-
Kelley Island Lime & Transport,,,:
Kellogg Company, common,,
Kelsey Hayes Wheel, class A
12-17
12-27
12-27
$1.62(2
$ 1 Viz
preferred (quar,),..
Hayes Industries, Inc. (irregular)aa
Hazel-Atlas Glass Co. (quar.)
Heller (Walter E), common I quar.)
7%
1-11
25c
25c
Hat
1%
12-31
1-
Katz Drug Co., $4.50 preferred (quar,).,,.,
Kaynee Co.. 776 preferred (quar.)
*ar—
(B.)
preferred
74
12-20 -.;«12- 9.y
1-15
.12-31
$ 134
1-15
4
$1.50
$1.25
•
preferred
31 'Ac
1-15
$ 114
-:P
$5
12-31
1-
50c
12-20
12r 9
1-15
1-
$134
$1.25
12^.9
12-31
$1.25
12-15
17c
,
12-15
(quar.),,,,,^,,
par)
xl'4 76
(quar.)
12-23
1-25
1
74
9-30
9-30
12-23
com.
Tel., common (quar.)
(quar.)
Marlin-Rockwell Corp. (year-end),7.,
common
12-20
s
Manischewitz
1-
250
(Ky.),
1-
7
7
576', preferred dquar.i
57)' preferred, 2nd issue (quar.).——•
($100
Macy (R. H.) & Co.
Mahoning Coal RR.,
5(6' preferred
$25c
3:75c
$6 preferred (quar.i
Kansas-Nebraska. Natural Gas Co.—:
Common (quar.)
,
12-31
1-15
12-17
Mansfield Tire & Rubber Co.. 6(6 pfd.
(quar.)
Common (quar.) _—,__T.
$2'/2C
(year-end)
preferred (quar.)
Co., 776 pfd. (quar.)
6
1-
1
1-15
37 4C
Co.
54
Mascot
15c
.
—
Harrisburg Gas, 776 preferred (quar.)
Harrisburg Railways (year-end)
Harrisburg Steel, common (quar.)—
1-20
3
1-3
12-
12-23
3
■
Electric
preferred
25C
Kansas Electric Power. 576
Kansas Gas & Electric
12-15
12-16
'■;
$1V2 i
iquar.i
4
1
1-
xl3476
iquar.)
preferred A
2-
$1.75
576. preferred B (quar.)
Joplin Water Works Co., 6,76. pfd,. (quat) _.7
Kansas City Power &
Light—
$6 preferred B (quar.)
!
v
Kansas City Southern Railway Co.—' ;
:
4(6 preferred
12-10
12-
4$1.V4
pfd. (accum.)
(quar.i-4:
576
&
$1%
common
12-10
75C
50C
v
Lynchburg & Abingdon Telegraph Co.
25c
(quar.),,,.,.
.7—
12-17
37 4 c
(Del.)—
12-11
(initial),,,,,,
Inc.,-common
preferred
Gas
$114
776 preferred (quar.i
Jones & Laughlin Steel,
7
12-20
Co.,
Johns.-Mansville,
.
20c
Hammermill
4lU'M
12-17
12-20
.
Tea
12-31
20c
quar.)
$1.75
.
$$1.75
■
.
(quar.)„,,_7_„_,
B
12-10
.preferred (quar.-)
preferred fquar. 1
Jewel
12-20
12-31-
+40
;.
,
(quar.)
Haloid
»
12-18
12-27
,
12-11
12-28
25c
Hamilton United
6 76
A
9614 c
__
(s-a)
Jersey Central .Power & Light—
• 5 ¥2 76
preferred (quar.)
.
Class
12-17
•
12-17
12-17
$2
12-30
12-31
12-18
12-31
12-31
(quar.)
12-17
1-10
1-
50c
■
1-12
Water.Supply,- common (quar.).,,
preferred ,;;(quar,).i.7_.^,.-_7__'.^,.,7.,, '
Jefferson Electric Co. (year-end)
12-15
12-24
12-17
45c
(quar.)
:
3
12-27
12-30
1-10
12-21
12-28
(quar.)
Taylor
Louisville
1
12-31
$2
1-3
Jamaica
.12-15
1- 3
::•" ■)'■ 7i 7 w;-7;7,;y ;: 7 '
\.
..
(s-a
Printing
.:
50c
(52V2
__
"
7.76- preference B
&
12-20
2-
12-21
30C
$50c
preference C, (quar.)
preferred A y(quar.)—z,.—_
776
6,.v
12-6
--
SI-
...
.
(quar.)
576
Lord
Class
2-1'
2-11
12-31
50c
,,u_,
Looniis-Sayles Mutual Fund,,,,,,,
Loomis-Sayles Second Fund (quarterly),,,.
1-14*
12-10
12-17
2-25
$1
Theatres, 74 pfd. (quar.)
Lone Star Cement Corp. (quar.)
12-18
3
1-15
15c
preferred ($25 par) (quar.)
Louisville & Nashville RR. (year end),.
Lunkenheimer Co., 64 4. preferred
(quar.),
Lykens Valley RR. & Coal (s-a)^
$1.50
Service-, Ltd.,., com. (quar.)
76:, preference D'(quar.U--7:--_-_-_,_7-,
776
(accum.)
preferred
preferred
$6
Hackensack Water—
>7%
preferred
-
.
12-
12-27
.
31l/4C
7
,
,
tc :
Guilford
12-10.
12-14
.
.
12-10
:
(quar.)
Corp.,
$$1.75
(quar.),.
America .-(quar.)
com.
12-30
75C
(Marcus)
2
1-
50c
676. preferred (quar.),—
7.
Island Mountain Mines.Ltd. (irreg.)_____
5
Loew's
1-15
$1.75
:>$. 2-14 7,.,.,7.7 $5
1
12-27
,
Gruen
3-
.
of
1-28
lr
1-15
11-26
$4c
,_,,Z
(quar.),_,y_,
Chain
Aircrait
50c
Jamaica Public
-,
12-10
12-28
»,
5
Co.
Investment,^Foundation,
...12-10
12-21
.
Griesedieck
•
Investment
1
12t20
'
12-13
$$114
I'M preferred (quar.)^_s-__.-.___
International Nickel Co. of Canada (quar.),
International Ocean Telegraph Co. (quar.i,.
International Paints, 576 pfd. (accum.)
12-31- 7 12-11
.
12-23
12-11
12-20
$14
5 4
Interstate Department:.Stores, common..,,.
776' preferred (quar.i
:,'7w.;7.-;.7 7--
•
:
12-31
12-14
Canada—
International Telegraph (Me,)
12-
3-
3
12-10
+$114
International.- Silver Co.776 - .pfd., (quar.)
31V4C 7; 12-31 v 12-20
88/lOOc V.712-31 .7:12-20
participating .preferred.—
..-Participating.:,—
*•
Greenwich Water
24c
,
.»' $1V4
.
,1-
.
12-
12-11
20c
6
1-15
50c
—
Greening
preferred
Steel
Louisville Gas & Electric
12-7-8
12-8
84
Loew's Inc.
12-
12-20
37J4c
(quar.)
7., International. Power. Co.t, 776 :pfd.
,;7 International Shoe (quar.)
1
■
$4
12-17
3
$1.25
"A" (quar.).,
Chemical, com.^__
of
2-
of Reo.
3
Long Lac Gold Mines (irreguiarj
Little Schuylkill Navigation RR. & Canal
(s-a)
Loblaw Groceterias, Inc., common (reduced)
Lock Joint Pipe, common
(monthly
Lockheed
12-28
(quar.)
Nickel Co.
1-
Holders.
3
Little
12-15
t75c
(quar.Vi :..
12-15
.';v7 50c-. 712-20
j
,• >
2.
12-. 2
V," $15/471- 3
.?%• -preferred (quar.)_:—
Greenfield -Tap & Die, common
$1.50 preferred -.u.-—
1
12-
.
'
/
12-1
...
1-
25c
preference
&
1-
$14
preferred A Uuar,)__
Liquidometer Corp.
$1
preference
Minerals
International
.12-20
Z.475c.
12-31
$750^. ,12-31
'.":50c • 4 I-- 3
1
12-28
$3
t25c
convertible
4'kpreferred
12-20
1-15
;-|75c
;
-preferred J quar,
Western
1-15
5c
1st' pfd.' (quar;
676
12-14
25c
(accum.)__..—
Saddlery, 6%
2nd
•■■'v.
(quar.)..—^..w—
Piper, $2 panic,
pfd.-. A
Great West
■i
Insurance,
12-24
50c
common
6%..convertible
12-15
35b
(year-end)
1-
576
Products
When
Payable
25c
(^uar.),,,,
4 4 Vo
Locke
(interim)
International
common
11-30
15c
(quar.)
International Metal, Industries, Ltd.— '
'
Class A
Liquid Carbonic Corp.,
Share
Company
11-30
12-31
dividend
Harvester Co.,
12-23
1-: 3
12-31
$2c
International
12-15
>
50c
$114
Baking Co. Ltd
Steamship Co. (year-end)........
Cellucotton
.12-16" 7-;
3
25c
(quar.)....—
Steel
,1-
Stock
12-15
3
12-13
Corp.—
preferred (irreg.)
1st
International
' 12-15
12-21
'|,:
,35c.
.
Great
■
.50c
,
1-
.
12-22
3
International Business Machines—
-.
12-15
.
(quar.)—_
■■■
.12-31
1
1-
Resumed
12-15
7
.
1-
$1.25
Inspiration Mining & Development Co., Ltd.—
12-20
12-31
:.i$l
12-31
$62Vs.C12-31
...
Fisheries' .Co.
12-20
i63c
(quar.i—.—.
5%■ preferred
Interlake
.
Gotham
Grant
<
12-31
1-5
$1.3114
(quar.)
Brownhoist
Inter-City
1-15
—
'
preferred
12-18
$ 1 (4
A
Rayon Corp.....:
Ingersoll-Rand, 6'i> preferred (s-a)..j,,...
Inspiration Consolidated Copper
4
12-10
....
preferred
...
conv.
12-18
Co,,'(year-end)
(quar.), —v.
Extra
h.
60c
3
—u.
preferred (quar.),
Goodyear Tire & Rubber of Canada—
Common
Industrial
1-1
1-
57V
Acceptance Corp., com. (interim).
preferred (quar.)
1-1
-
(quar.)....j.—
conv.
$1
,
(quar.)
Goodman Manufacturing
Goodrich (B. F.)
Co.-, $5
•
preferred
20c
(quar.)
(quar.)
Golden State Co. Ltd.
30c
1-15
6 7F non-cum. pfd. (s-a)__
Power & Light, common
Industrial
12-20
12-
7
12-15
5'/e
12-18
12-21
7
12-
12-11
2c
12-
3
Industrial
12-11
1
3
1-
3
—
Name of
25c
1-
$1.75
Sugars Inc.,
preferred
1
$1,75
Goldale
$7
1-
.
7
1-
8
1-
25c
12-
30c
5V4'/»
8
12-
12-30
56140
•
(quar.).—.....
Indianapolis Water,
/12-
,
12-23
...
30c
preferred
Tubes-.:
3
$1.50
preferred
Per
of Rec,
&
Michigan Electric Co.—
preferred (quar.)—...•
251S
noiaers
$1.75
12-15
40c
,
Co.
,
3
Indianapolis
12-15
'
Corp
Globe-Wernicke Co., 74
Godchaux
3
.1-
1-
Indian Morocycle,
1-10
75c
$1.50
7c/o
3
1-
Payable
pfd. (quar.)
6%
••
-
1
preferred
common.
Steel
Indiana
$1.50
Co
Insurance
44 'Id■ convertible
Globe
12-14
$iVlv
25c
t
Indiana General Sei'vice Co., 6 %
wnen
snare
Name 0; company
12-14
$IV2
Gillette
Per
of Rec.
12-24.
$1.50
Tire
Holdert
Co., 4% 4
$1.75
—
3
12-24
12-24
12-15
$1.25
12-29
12-19
—
40c
12-27
12-10
preferred (quar.)
Murphy Paint Co., common (quar.)
544
preferred (quar.)——
1-
$14
(quar.)_
(quar.)„__
preferred
1-3-44 ,1-3-44
25C
$1
$1,184
J20c
$$1,374
2-
1
1-20
12-23
12-16
1-
3
1-
1
12-10
i-1
12-10
12-22
*
Holders
of Reo.
V-
■
.
,
preferred (quar.).—-——
Mutual System, Inc., 6% pfd. (quar.)
Myers (F, E.i & Bro. Co
,—•
'a
37'/2c
50c,
Nash-Kelvinator
12»/2C
6%
Nashville & Decatur RR.~
National
(special 1
(quar,)
preferred
7%
Inc.
preferred (quar.)——-av---.--,
7% 2nd preferred (quar.)
National Cash Register, com. (year end)—.
National Candy Co.
7%
1st
(quar.)
Common
Co.
National
Casket
National
Chemical
$3
Extra
(initial> —
common
.preferred
Oil
Navarro
Corp.,
Co.
••
1
__*__*
year-end)
preferred
1st
$5.25
New
(quar.)
J.) Co., common
——
(quar.)—
*——„*——-4-—.-
Special
Light Co.—
preferred (quar.)
Jersey Water. Co., 7% pfd. (quar.
$6
New
•
Laundry, 6V2.%■ pfd.
Method
5%
;
Harlem RR., common
New York &
10%
Mutual Telegraph Co. < s-a)
Yoilc
New
Light, $6 pfd.
Power &
:■■■.
,
Pennsylvania
1-15
Pennsylvania Glass Sand, common
12-
1
12-
1
12-
8
12-
8
12-
7-
12-10
1
1-21
3
12-20
3
12-20
3
12-20
12-15
12-15
12-15
12-10
Pet
12- 3
Pfaudler
12-13
Philadelphia Co., $5
1
12-15
12-15
i-
11-
12-13
3
Phillips
12-
Phoenix
4
1-3
12-11
Pierce
Governor
12-27
12-10
12-27
12-10
12-20
11-30
North 'American
Common
12-
com.
North
$6
1-
3
12-24
12-24
12-14
Plymouth
Car
12-10
12-
1
Port
12-15
12-10
80c
preferred
B
12-27
12-13
Porto
3
12-
3
12-10
1-
3
12-10
SIV2
SlVa
1-
1
12-22
1-
1
12-22
12-20
12-10
12-20
12-10
Ry. < s-a)
Northern Natural
Gas
12-10
12-14
12-22
1-25
.
Greyhound Lines Inc.—
preferred (quar,)-—-—;
$6.50
$1.62Va
1-25
12-31
12-21
3
12-16
Corp.
(quar.)———-—.-—
(quar.)———
;
Novadel-Agene
Nu-Enamel
873/2C
50c
7V/2C
:
25c
Ogilvie Flour Mills,
f25c
55c
55c
(quar.)———-
common
Brass
Co., class A (year-end)
(year-end)-*.—————————
Cities Water
6%
preferred
Co.—
class
A
<
•
\
,
12-27
12-17
12-30
12-15
prior preferred
Ohio Seamless
1-
3
12-22
11-26
12-24
12-
8
12-24
12-
8
$3
1-3
12-11
$1.50
12-22
11-17
$1.25
43%c
12-22
.11-17
12-10
12-10
(accum.)——l.
(quar.)—
Tube, $1.75 prior pref. (quar.)
Ohio Service Holding Corp.—
$5
preferred (quar.) ——
class A (year-end)-*—
Oklahoma Natural Gas, common (quar.)—_
$3 preferred (quar.)
$5V2 conv. prior preferred (quar.)——
-
Ohio
non-cum.
Water
Service,
■
———
Omar,
6%
Inc., common
preferred (quar.)
Omnibus
8%
Corp.,
preferred
Ontario
Loan
Ontario
Steel
7c/c
&
—
——
(resumed)
common
(quar.)
————
Debenture
Products
(quar.)
(quar.)__
preferred
—_
Investors,
pref,
(quar.)
preferred (quar.)-*—
Pacific & Atlantic Telegraph Co. (s-a)_
Pacific Can Co. (quar.)_
;
$5.50
conv.
prior
—
_
Pacific
Coast
Aggregates
Pacific
$3V2
(quar.).
2
12-15
6%
1-2
12-15
Sharon
12-15
12-31
12-15
12-21
12-
8
12-21
12-
8
12-15
3
12-15
1-15
1-15
12-
7
11-23
12-20
$V/3
t50c
115c
f$1.25
$1 Vs
12-20
1
12-15
50c
37)/2C
$l3s
50c
,25c
12-27
12-17
12-24
12-13
3C
12-20
12-10
18c
12-20
12-10
1-
3
11-23
12-
1
1-
1
11-10
1-
1
11-10
1-
11-
1-
3
3
3
12-15
12-15
12-15
87J/2c
12-21
12-11
12-18
12-28
12-16
$2
$1%
$1%
$1%
$1%.
$l'/»
5%
3
1-20
12-31
12-
lO.c
12-27
12-1
10c
12-27
12-
25c
12-22
11-29*
$6
A
|3c
I$l3'4
pfd. (quar.)
•
(quar.)
.
.
(quar.)
;
(Howard) Paper Mills, 6% pfd. (quar.)
Corp.
preferred B
South
Oil
Penn
$6 1st pfd.
(quar.)__
iquar.)
1-15
50c
12-23
lie
1-15
I
12-10
1-
1
12-10
5%
1-15
12-15
,-,'t
Worcester
&
1-
1
11-30
1-3
12-24
15c
Public Service Elec.
original preferred iquar.)
Puget Sound Power & Light, $5 pfd.
Puget Sound Pulp & Timber Co.—
6% preferred (quar,) __**_i.-—
Pacific
$2y3
$$1%
12-
'
common
(quar.)
Reynolds Metals Co., 5 y2% pfd. (quar.)
Reynolds (R. J.) Tobacco, com. (year-endi_
Class B
(year-end).—.———
(irregular)
Rice-S(tix Dry Goods Co., 7%
Til 2nd preferred (quar.) .
12-24
12-31
11-29
1-14
$1 y4
12-31
-
12-15
11-29
$134
12-31
11-29
50C
12-23
12-23
12-13
3
12-20
1-15
11-27
1-
$iy4
1
12-20
$iy2
l-.l
1-
$ll/4
1
12-24"
75c
$1%
2-29
20c
•
1-26
12-14
12-
1
12-10
;
V.
(accum.)
A
Elec.,
&
5%
(initial
12-31
$1.25
1-
50C
3
12-14
50c
1-13
12-23
1-
12-15
1-/3
$1
12-15
12-15
12-28
12-28
12-15
1
12-20
12-27
12-18
1-
87yac
30c
dividend
Stock
share
held)
shares
Spicer Mig.
$3
(one
each
for
—
Corp.,
common———*.*——*
(quar.)
Springfield City Water, 6%
preferred
preferred
A
five
/_
pfd. C
Extra'
*_—_„—***—***—;
—_—
Squibb
(E.
R.)
v'
6%
(irregular)
—*
preferred (quar.)—-—
Screw Co., 6% preferred A
1-2
12-23
Staytou Oil
(quar.)
Stecher-Traung Lithograph Corp.—
30c
1-
2
12-10
2
12-10
Common
(irreg.)
;.*„ —
Stedman
$l'/2
1-
1
12-10
$iy2
1-
1
12-10
Brothers, Ltd., common
6% conv. preferred (quar.)
Steel Products Engineering (quar.
$1.37J/a
1-
3
12-15*
Sterchi Bros. Stores.,
1-
3
12-23
1-
$1.75
$1.75
;
1
12-15
1-
1
12-15
2-15
$1
$2ya
1-15
12-31
12-22
11-29*
12-29
12-22
1-
1
12-15
1-
3
12-15
1-14
1-12
12-20
12-10
12-20
12-10
1
1-20
12-28
12-14
'
2-
(quar.)—
**
6% preferred (quar.)*
Stokely Bros. & Co., 50% prior pfd. (quar.)
Strawbridge & Clothier, 5% pfd. (accum,)*
$5
Sun
(S.)
Glow
1-5
1- 5
12-28
12-18
12-28
12-18
12-28
12-18
12-15*
1-
3
1-
3
1-
3
12-15
12-20
12-11
1-
3
12-15*
& Co.
Industries
12-31
2-
1-15
1
1-15
12-20
12-16
12-20
12-10
12-20
12-10
15c
12-20
1-1
12-20
1-
3
12-15
1-15
12-31
$1.50
75c
$3
31'4c
12-29
12-15
12-29
12-15
2-15
1-29
12-31
12-17
15c
12-27
12-15
$1'4
37l/2c
|15c
12-31
12-17
12-31
12-17
|75c
20c
75c
25c
1-
3
1-
3
1-
12-10
12-17
12-20
3
12-20
12-27
12-15
12-20
12-15
1-
1
12-23
$iy4
1-
1
12-10
1-
1
12-10
$114
(year-end).*
(quar.)
2-1
$iy4
preferred (quar.)
Stroock
25c
$1.75
50c
$1'4
1-15
1-15
75c
,
,
5% preferred (quar.)
1-
12-10
7*
2-15
75c
|$2
$1.25
(s-a).
Co.
$iy8
12-10
12-
1
3-1
3-
$1'4
Common
75c
12-27
12-20
1-20
•
(accum.)
Standard Fuel, 6'/2%
pfd. (accum.)*—,
Standard Oil Co. (Ohio), 5% pfd. (quar.)—*
Standard Paper Manufacturing Co.—-
12-18
12-27
12-15
12-15
1-
50c
$4.25
12-29
IOC
1-3
3
1-3
12-13
$1J4'
$1.06 y*
$3'/2
preferred series A (quar.)——
;*
preferred series B (initial quar,)—
Stahl-Meyer, prior 'preferred (initial).—..*
Staley (A. E.) Mfg., common (year end).—
$5 preferred (quar.)
Standard Coated Products, $1 pfd. (accum,)
$5
Stanley Works (The), 5% preferred (quar.).
Starrett (L. S.) Co. (irregular)„—
.__**.
10c
1-15
& Sons—«
12-15
1
12-15
12-20
$iy2
$1%
$134
$1.12
(quar.)*—■
12-15
12-
3
1-15
75c
75c
7%' preferred B -Iquar.)
Springfield Fire & Marine Insurance (quar.)
12-21
12-20
1-
12-24
.
(quar.)*
12-21
25C
12-15
12-20
r
37'/2c
12-10
3
20%;
*—~
12'/2c
12-23
1
1-
Spencer Kellogg & Son—
Standard
30c
12-31
-12-20
. , ;
,
Standard Fruit & SS., $3 partic. pfd.
?v,.
12-13
■
period
months
two
(represent
ending Aug. 311
6'/a% preferred (quar.).
1
12-20
12-13
1-20
8'4c
$1%
;
2-
I$1
2
,
,
.
Springfield Gas & Electric Co., 7%. pfd. (quar.)
12-13
12-11*
12-28
25c
,
Square D Co., common**..
„
5% preferred (quar,)—*—*——*—*_
12-20
12-11*
12-21
12-28
1-15
quar.)—*
1
1
1-
25c
12-21
1-15
$iy2
$l>4
Tel., $6 pfd. (quar.)
Associated
Gas
12-
12-31
87'/2c
20C
—
pfd.
12-10
12-17
12-10
2-15
35c
Common
7%
1-
75c
——
1st pfd. (quar.)
$6
Southwestern Public Service—•
12-13
50c
12-10
12-31
t$iy2
50c
$iy2
pfd. (quar.)
Southwestern Life Insurance Co. (Dallas) —
Common
7'/2c
7% preferred (quar.) ——————
Reming'ton Arms Co., common (year-end) —
Remington-Rand, common (interim)*—**—
$4'/a preferred (quar.)
*
Republic Steel Corp., common*——*—
6% conv, prior preferred (quar.)—*—
6% preferred A (quar.)*——
_*___*
Paper
1-15
12-24
8%c
~t
preferred (quar.)*
Reed Roller Bit Co. (irregular)— _*—
Reliable Stores, common (quarterly)—
J
5%' convertible preferred (quarterly)——
Reliance Manufacturing, com.
(year-end) **
Rhinelander
12-24
3
12-31
20c
(year-end)—:
Co.
Natural Gas,
Southwestern
25c
'
7%
Southwest
Southwestern
1
2-
30c
(quar.)—
——
Southern
9
12-
$iy4
(quar.)
—
8
3
37J/2c
34)aC
partic. preferred
12-15
3
■/ 12-31
$134
common
7
1-
1-15
6
/
Quarterly
—
59e>
Reed-Prentice Corp.,
1-
12-23
7'/2c
(quar.)————
preferred
;
12-
7
3c
41'4c
preferred (quar.) —
5% preferred (quar.)
*
Quaker Oats, common (reduced) (quar.) —
6%
preferred (quar.)
Radio Corp. of America, common—i——
Steel Car Co.,
'
(quar.)—-
Power/common
12-31
6%
1st
Canada
Southern
(year-end;.—**-:_.*—
common
Southern
Southern
7%
Oil Co.,
.
12-10
(quar.)*
preferred (quar.)——*.—
Corp., common voting (quar.)
non-vo.ting <quar.)_—
.,
12-10
1-
50c
Publication
■
12-24
—
&-Gas, $5 pfd.
Edison—
California
original preferred (quar,).*—*—___*
preferred C (quar.)
.*—**.—*
12-24
|8c
class A (yr.-end)
—
50c
40C
y"
RR.—
(monthly)
Southern
6%
12-
7
$1.12y2
25c
:
1
12-31
7
(interim)_
Sugar, common
(quar.)—*
**_*•—_;
Natural Gas (year-end)**———_
New England Telephone (quar.)
$2'/?,
Co.
preferred
Rico
5ya%;
|$1%
1
12-
12-
preferred (quar.)....'
$2
West Pennsylvania Pipe Lines
50c
Greyhound Lines, com. (quar.)
37tic
Extra"7.**—12y2c
1-
1-
12-
12-
Southeastern
1
12-21
vV
■
South
1-
12-11
1
12-21
(quar.).._*—**_*___**__
preferred
Porto
25c
6'4c
1-
12-15
12-21
8%
62'/2e
common
12-10
12-15
$1
$iy2
40c
(accum.)
Extra
tSl'/fe
preferred
12-10
12-20
$1.90
4-6%
South Carolina Power,
12-10
12-20
12-11
■
common—..
preferred (quar.)..—*
Inc. < year-end I—
*
Mining, Ltd. (reduced)—*—
7
12-15
12-
preferred
4y2%-
rcy-
12-17
12-10
12-22
12-21
Rayon,
12-24
9
12-15
12-20
12-23
Mines
12-24
12-15
12-15
1
12-16
Solar
12-
1
1-
12-
12-15
12-20
1-
12-27
12-3
Sorg Paper,
4
12-15
12-27
1
,
1-1
12-23
,1-
l$l%
12-20
12-23
(quar.)——.*
(irregular)—-——————*
Paper
50c
„
7
12-27
?l5c
J$1)4
10c
25c
$iy4
$1'4
20c
30c
50c
$114
}$iy2
Co.
(II.i & Sons, Ltd., common (quar.)..
preferred (quar.)
i_._—_____
Sonotone
,
12*
11-12
12-15
12-30
9
3
1-
12-10
1
12-30
1-20*
12-
3
Lead
1-
V
1-2O0
1
12-20
(quar.)—*.._***_—**
Gold
Gordon
15c
$1
22-
12-23
12-22
Smith
10c
12-20
(interim)——.—*—*
,
*__*
preferred
12-27
1
12-10
1-
1-15
S
prior preferred (quar.)_..**
—
Sloss-Sheffield Steel & Iron, com. (reduced)
$1.20 preferred
Smith (L. C.i
& Corona Typewriter, com.**;*
$1
:
12-10
1-
Mines (quar.)
13c
Co.
(year-end)**.—5c
—
5 %
12-15
1
12-10
1-
12-21
preferred
G.)
Skenandoa
1-
12-10
1-
60c
common—:
(Frank
7%
12-10
20c
1-
12-15
Simplex
$lVa
of Colo.—
Common
(initial quar.).*».*-*——*———
Public Service Co. of Okla., 5% pfd. (quar.)
Public Service Corp. of New Jersey—
Class A
12-31
85c
12-11
Creek
Simon
12-10
12-15
12-10
1
11-26
12-20
12-15
1-
12-20
12-20
Lambert
Reed Drug,
1
1-
;
12-27
12-23
12-23
Steel Corp.,
12-23
$2'/2
Gold
12-10
1-
12-31
1
1-15
1
12-21
„
-12-23
12-
4
1-
South
Car,
12-27
12-21
$iy2
$134
...
12-20
Steel
1-15
1-
$3
30c
25c
$1.25
10c
preferred (s-a)
conv. preferred (s-a)
Sheep
12-10
3
12-10
1-
1
1-15
Realty Mortgage (Birmingham, Ala.)—
Non-cumulative preferred *****—
2-15
3
12-20
12-10
12-27
1-
Sherritt
1-
3
12-27
10c
Sherwin-Williams of Canada, 7%
1-
12-10
12-23
common
12-10
3
1-15
12-10
12-21
12-18
;,.'T
conv.
$3
preferred (quar.) .*—
Rayonier, Inc., $2 preferred (quar.).*——*:
Reading Co., 2nd preferred (quar,)——
Real Estate Loan (Canada)
(s-a)———
12-31
12-15
1
12-
*
Extra
12-20
12-27
3
3
*
;
175c
2nd
$V/2
12-31
12-21
12-
12-20
+75c
75c
$3
B
Shattuck
$2Va
——-
partic. preferred
^
7fc
$5
*
'
9
—5c
Manufacturing Corp. (irregular)*****
• 15c
6%
12-15
1-
(quar.)
Shamrock Oil & Gas Co.,
11-30
1-10
'
1st preferred (quar.)..—**
6%
12-31
$1
12-15
12-20
1-
$13 4
12-31
Greyhound Lines—
preferred
12-16
$2.50
Ralston
2-15
■
conv.
12-22
Class
12-
12-30
12-4
Distillers,
Sherman
12-10
$$1%
$2
(quar.)
Extra
12-17
$1%
12-10
35c.
(quar.)—:*
Ottawa Electric Ry. (quar.)—;—
*
Ottawa Night Heat & Power Co., com. (quar.)
5% preferred (quar.)
—
Otter Tail Power, $4"a dividend ser. (quar.)
Oversea Securities Co. Inc.
(year-end(—
12-10
12-31
1-
12-24
1-1
.
30c
1-1
12-23
11-30
25c
12-30
^:25c
preferred
Pacific-American
,
—:
(quar.)
1
Orpheum Co. Inc. (year-end)—
Otis Elevator, common (irreg.)—
$6
.
$1.25
$iy2
35c
/ 75c
' $l3/8
10c
$1V2
25c
$2
t$lV4
12-31
1
Propper-McCallum Hosiery, 5% pfd. (s-a) —
Proprietary Mines, Ltd. (irregular).*—-.—
Providence Washington Insurance (quar.i —
Pure
*
^jhio Finance Co., 6% pfd. (quar.)
5%
12-15
12-29
11-30
12-27
Common
—
Class B
3
(subject to the approval of the
SEC)
Ohio
1-
Corp.
Ogden Corp,
Ohio
1-
12-31
,v->" 1-10
12-10
$1.50
Northwestern Telegraph Co. (s-a}—_
Norwalk Tire & Rubber, 7% pfd. (quar.)—h
debenture D
(quar.)—_
America
of
Public Service
Northlai'd
1
12-1
4
$iy4
$3
125c
South Pittsburgh Wafer Co.—
Prudential Personal Finance,
4
12-31
12-
3
2-15
1-
12-23
(quar.)*—*.—*_—_
12-10
12-
U2c
common
1-
1
12-23
(s-a)
(quar.)——**_:
12-10
12-31
!-!5
12-27
12-21
1-3
|5c
$1
Paper, 7% preferred (quar.) —
Prudential Investing *——*—.—*—l*..
82
3
1-
50C
Provincial
6
12-11
25c
Providence
12-
;
1
1
1-
3-
$iy2
(quar.)——*
$1
Co...—,
50c
Scranton Electric, $6 preferred
(quar.)____
$1'4
Seaboard Surety Co.
(special).—80c
Seiberling Rubber, 5% class A pfd. (quar.)*
$1»4
$2'/2 prior preferred (quar.)— .**.^*i;—__
62c
Common (year-end)
25c
Selected American Shares (year-end)
24c
Seneca Falls Machine Co,.._*—4*.*%*-***_
,
10c
Seton Leather Co.
(irregular!
;
35c
Shaler Co., class A (quar.i......*.—_—***
50c
25c
12-16
3
12-
12-21
50c
12-22
1-
|$1%$1
...
1
25c
1
1-
$2
Scoville Mfg,
$2!/a
(auar.)
—
Preston East Dome Mines (quar.)—
Price Brothers & Co., Ltd., 5 Va % pfd. (quar. )
5"o
'
(quar.).*****
1- 3
Co.
1st
15c
5
2-
2-15
37'4c
12-24
12-14
50c
———;
12-
Corp. of Canada—
&
,
5y2% pfd. (quar,)—***
,S«fett Paper Co., $4y2 preferred (quar.).***'
$4 preferred (quar.)
—*_,**.—*—_.x .V
12-18
12-31
30c
12-24
}83/4C
preferred (quar.)
6%
12-20
12-22
75c
75c
75c
75c
(year-end)
Ontario Power,
Pratt
12-10
$1V2
25c
:
50c
non-cum.
Premier
A
debenture B
debenture C
Schenley
12-27
$i'/2
& Paper(year-end).*..———'——-—'
preferred-—
Rico Power Co, Ltd., 7% pfd. (quar.)
Pressed
12(he
(quar.)
Northern Central
3
.5%
(year
12-10
non-cum.
Potash
12-13
12-27
1-
—
12-10
12-20
Huron Sulphite
4%
y
•,
12-20
Common
6%
end)
h 6%
prior preferred (quar.)—
North & Jucld Mfg. tyear-end)
North Star Oil, Ltd., 7%. pfd. (accum.)—
Northern
8
6%
Rayon, class A (year end)-
American
Class
8
12-
11-27
12-20
(quar.)—20c
87y2c
prior preferred
7 %
North
12-
12-20
12-23
75e
71%c
(quar.)
$6
(quar.)—
North American Finance Corp., class A
12-13
12c
(quar.)—.*——
12-29
3
Power
Corp.—
12-20
1-
37'/ic
(year-end)
12-31
12-15
1-
preferred A
1st preferred B
6 y2 %
12-31
12-29
to
American
12-11
50c
B
Employee's stock. (s|)ecial)*___w*^.^#.^4'Special ■———!***i.f***v^-—*—*•-Plymouth Oil Co
————
Plough Inc. (quar.I —
Plume & Atwood Mfg. Co. (quar.)——
1-
$1'
1st
3
vu
preference (initial)—.—*—
Planters Nut & Chocolate (quar.)—
1 sh, of Pacific Gas
for each 100 shs. held
approval of the SEC)
6%
preferred (quar.).
****
5%% preferred
(quar.);
(subject
7%
—
Pittstown Co., class A preference
11-23
1-1
12-20
Electric & Power Co.—
debenture
lVa.%
10c
"
3
8%
:
12-24
12-31
$1*4
25c
15c
'
12-10
$1.75
.*
11-20
1-
12-15
12-21
—-
3
Cordage
3
1-15
(interim i—
(irreg.)
(year-end) _—**_——*
1-
3
1-
12-29
$1
25c
1-15
1-
Savannah
$l'A:
12-10
12-21
.
Quarterly **.;—_—*
Sangamo Electric Co..
12-15
25c
25c
12-31
-Class
12-15
■
——
Corp. (s-a)
1
Regis Paper, 7% preferred (accum.)..—
Francisco Remedial Loan Association—
3
12-31
$11/4
——
Pittsburgh Screw & Bolt...
Pittsfield Coal Gas
i,quar.)__
8
(stock div.)
Electric
&
**
12-15
V.
$1.06 V*
Pittsfield & North Adams RR.
1-15
1
'V77
Co.—
1
/
(quar.)*—x*—
preferred
1'jo2-
12-22
1-
(accum.)__
1-
:
:
$1
Pittsburgh Forglngs Co,.*—
*—————
Port V/ayne & Chicago Ry.—
Common (quar.)
———
50c
—
1-
12V2C
preferred (quar.)
Co.
$1.75
—
Bridge, 6% 1st preferred
2nd preferred (s-a)——
1
62 V2C
:
Pittsburgh
10c
Mines
$1.25
San
Radiator
Butler
80c
(year end)_**—J—*__ :
Industries
North American Aviation Inc. (year-end) —
Nippissing
Noblitt-Sparks
St.
12-15
Pickle /Crow Gold Mines
■
—._—■** —_*_
12-15
3
$1
Pierce
12-
1
12-20
5%
preferred
3%
3
1-
Insurance
3
1-
12-15
3
1-
12-4
12-20
6%
.12-15
1-
Co.—...2—
—**-■:;
(Hartford)
(quar.i*—f:*
Packing
12-13
3
12-20
1
Croix Paper Co.,
$f.50
preferred (quar.i
•
Philadelphia Electric Co., common (quar.)**
$1 preference common (quar.)
—
Philadelphia Electric Power, 8% pfd. (quar,)
Philadelphia & Trenton RR. (quar.)——--Philco Corp.
(year-end) ——————
12-15
3
12-17
1
12-20
1-
preferred (quar.).—_**•
6% preferred (s-a) ——
St, Lawrence Corp., 4% conv. pfd. A (accum.)
St. Lawrence Paper Mills, 6% pfd. (accunr.)
St.
12-15 'v
1
1-
1
*■',
Safeway Stores,
v
$1.75
$6
12-10
12-23
12-17
1-
1-
.
preferred, (quar.)
St. Louis
irregular!
1
12-10
12-30
3
,
(quar.)*
Extra
3
1-
$2
$114
$iy8
1-
%.*x*_*_**_*.._:
Safety Car Heating & Lighting
12-30
$ 1V4
.(quar.)-**_Lv-V-*v~--^-.-r.f--;
12-10
Co.
9
7r,b.
■
12-10
3
3
!
preferred (quar.)..
4)4%
12-
1*
25c
,
Gold Mines,
Perron
12-24
$ 1V4
—
Ltd.' (quar.)—
Milk Co., common (quar.)
12-10
9
10c
:
Stove.
1-14
12-
12-10
1-
$l5/a
50c
Ruberoid
Co.
(year-end)Lu*—- 70c
Rubinstein (Helena), class A (quar.)„
25c
Russell Industries, Ltd., common (quar.)*.*
*. |20c
preferred
(quar.)—**_i*i*
12-14*
|50c
(quar.i.i*.^***.**^..**..:
$6.50
Brothers,
Common
2-5-44
1-24
■
RR.*———;***.*.
Clinton
Rome &
12-15
12-24
..._„.**i__„
Paper,
30c
Stock dividend
Perfection
2-15-44
70c
(quar.)..
12-21
.
preferred
Roos
35C
(year-end»
Pepeekoe Sugar
Pepsi-Cola Co.
1
4
12-20
<
•
Ltd., common (quar.).*****
(quar.)_*■
Rollins Hosiery Mills Inc.
(irreg.)*.*_.***,
Rome Cable Corp. (quar.)
*_'_**—**
12-10
1-1-44
Pendleton
81
6%
1
$3
Co.___*
Metal
Rolland
3
15c
preferred (quar.)_——
Pennsylvania Power & Light Co.—$7 preferred (quar.)
$6
preferred (quar.t
$5 preferred (quar.)..—...
Pennsylvania Sugar Co., 5% pfd. (quar.).*
Pennsylvania Telephone, $2.50 pfd," (quar.)
Pennsylvania Water & Power, com. (quar.) $5 preferred' (quar.)—
—
Peoples Drug Stores (irregular) —*
Peoples-Gas Light'& Coke
Peoria Water Works, 1% preferred (quar,).
12-23
1-
12-31
50c
; i
5Vc
12-10
1-
1-10
lie
$lVa
1-15
12-14
—
Extra
1-15
;
(quar.)
Forge
1
1-': 1
$1 %
10c,
6% preferred class A (quar.)
*-*—***4*'.
$l1/aNiagara Wire Weaving, Ltd. (quar,)——
125c
Nicholson File "■ Co.*__**i**-*.,**:**-*~*-,—;—v-\" 30c,
preferred (quar.)
Niagara Share Corp. of Ivld., ci. B common-
$1
15c
1
1-
(quar.)-5 ■$1%
'7%
12-10
$2-
12-20
-85c
75c
(year-end)
12-23
—
12-27
*_**_*,*_-*;
and Honduras Rosario
New York
1-11
12-
50c
preferred, (quar.)
Pennsylvania Edison, $2.80
>,
$5 preferred
(quar.
12-11
60c
-
(quar,)*..*...
preferred
Roeser
12-16
12-20
•
75c
Co
(J. C.)
Penney
6
12-15
1
12-30
(irregular)...
Co,
12-20
**y*y_~L;***y.v-$2Va',,.
preferred': (s-a)
New York
12-
30c
6%
Casualty,
Traffic
Penn
12-27
SI '4
50c
SI 12
1
SI
$2"2
(s-ai
12-10
12-20
25c
preferred (s-a).**—*
(quar.)_*_**_
$1.40 cumulative class A (quar.)-.
—j—
12-27
Dock—
conv.
12-29
75c
;
' "
,
Telephone, common 1 quar.i
AVa%K 1st preferred A (quar.i..
Bobbins (Sabin) Paper, 7% preferred*.****,
Rockwood & Co., 5Ve prior pref, (quar.)——
11-19
12-30
1-3
SI3?
(accum.u
News Shipbuilding & Dry
preferred (quar.)
Common (year-end)
New England Tel. & Tel. (irreg.i—:
New York Central RR* (irregular)
(Newport
12-20
40C
.
25c
y
Extra
Hew
12-
1-15
$1 50
$1,75
SI^4
1
_
(quar.)
& Northern RR.
New London
12-13*
1-
40c
20c
■;
$5c
•
Rochester
3
12-15
Peninsular Telephone, common
12-13*
1
1-
Jersey Power &
New
1
1-
•New Idea, Inc.; (quar.,)———x—J-*——**,•••.;y
15c
Year-end ———————400
,
12-13*
1
1-
60c
13c
,
(quar.)'****'*__—**_*__1*_—**
Common
Peerless
2-
"12V2C
$1.31'4
England Fire Insurance (quar.)——-—
Hampshire Fire Insurance Co.—
New
3
12-24
15c
$1
1—.
(year-end)
common.-^—.
Newberry (J.
12-
1-3
'
Nehi
3
12-
2
1-
$$iy4
(interim)
Paymaster Consolidated Mines, Ltd,
Peaslee-Gaulbert, 6% preferred*.
12-30
$1%
$1V2
v,
12-21
_.^_.*****—
3
12-15
12-24
50c
25c
25c
$2
(quar.).*—.**—-
(quar.)*
prior preferred (quar.)-i
6%
(quar.)
12-
12-20
:
Sugar Refining
—**********,*>: •
National Supply, $2 preferred (accum.)
National Tool Co.
preferred
3
12-17
K3
*
class A (quar.i*.——*_.
Rochester & Genessee Valley RR. (s-a)
12-31
1-15
40C
(quar.) „*_.:.***—
common
12-20
$1/?
National
-
A%
'12-10*
Cos.,
12-20
•
5V2%
Parrafine
12-20
preferred (quar.)——*—'*,.. 373/?c
National Screen Mfg. —*-*.—1
STVac:
National Screw & Mfg, Co. (year-end 1-™
87>/2c
-
8
2-
25c
Car, new
12-
12-24
$1.50' conv.
National Steel
Parker-Wolverine
2-1
12h°
(quar.)
iquar.)
Co.
2
1-15
——25c
$1 Va.
6%
of Rec,"
50c
12-28
Riverside Silk Mills,
Co.
12-
12-31
*\ 35c
137 V2c
—-
pref. (quar.)**
————-
Riverside
12-15
(quar.)—,
2-
National Motor Bearings—
National Standard
Co,
12-20
25c
—,
preferred B
Parker Appliance
1-
City
Class B (quar. 1
National Grocers, Ltd.,'$1.50
6%
12-21
1-
conv.
National Gypsum Co
:
National Lead, common
3
1-
Lines, class A (quar.)———;
preferred (quar.)—7^c
National Enameling & Stamping 1 year-endi*
$1
National Erie, 5fw non-cum. 1st pfd. (s-a) —
$2 /2
3% non-cum. 2nd preferred (s-a)—-—$lva
National Funding Corp., class A (quar.)——
35c
National
12-21
1-
-25o
$1.75
pfd. (quar.)-
Inc., $7
& Mfg
12-21
3
1-15
51.75
————————
12-18
12-31
*****—
1-
•
12-28
$i3/4
—
3
12-22
JJ.JJ
.
12-31
iOc
Page-Hersey Tubes (quar.)_**_
—a
Pamour Porcupine Mines (interim)l*
—
Paramount Pictures, Inc. (increased quar.)*
Park & Tilford, 6% conv. preferred (quar.).
12-21
12-22
(quar.)--I—' :I *3c
(increased quar.),—
500,
Ltd., common
National Breweries,
(quar.).*—
Pacific Western Oil (irreg.
preferred
6%
12-11
12-20
50c
50c
30c
^uc
+50C
Co..*.—.——
Biscuit
National Bond & Share
12-15
1-
*1°
12-15
$ 1 3/4
Lighting, $5 preferred (quar,)-*.***
Public Service Co. (quar.) _*-**-**Pacific Tel. & Tel., common*.*
*l_*—_
1-
,29■
..
2
1-15
Pacific
1-
*1-25
1-
Hqlders
When
Payable
$1.50
Richmond Water Works Corp;—
10c
Pacific
12-16
12-31
1-3
933/4c
preferred (quar.) ***.*_~»_*—*■--S2 2nd preferred (quar.i.*
7% preferred class C (quar.)
National Automotive Fibre (special)
National Aviation Corp. (year-end 1
00
12-28
Co.-~-
Manufacturing
1st
$5
■
1-15
12-28
.
(s-at,.*.—-*-.—
preferred
7V2%
Nashua
,
12-11
12-22
30c
Ohio Mfg
———I
Mutual Chemical Co. of America—
Murray
2
■
share
Corp.—!
Oil
Richfield
1-
Per
'
Company
12-15
50c
(quar.)__
Indemnity
Pacific
(
Name of
of Reo
Payable
thare
ivam^ of Comvanv
Holders
When
per
When
Payable
Per
share
Name o 1 Company
Monday, December 20, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
1516
—
—_
12-20
12-14
12V'2c
1-15
12-31
.Volume 158
Number 4239
THE COMMERCIAL & FINANCIAL
CHRONICLE
2517
•
t
*e.T
'
Name of Company
Sundstrand
Machine
Tool
(quar.)....
Sunray Oil Corp., 5Va% preferred
Sunshine Mining (quar.)
Superheater (quar.),
Superior Steel Corp
Supersilk Hosiery Mills, 5%
Swift
&
Co,
(quar.)
^
12-15
1-
1
12-
1
12-20
12-
9
25c
11-15
12-30
12-15
West
35c
12-30
12-15
$1V4
2-
12-31
12-27
—
—
■
.
Co.
(quar.)—
Oil
&
Land
Inc.,
4 62 %c
1-
3
2-
1
12-31
50c
1-
3
12-
$1V2
2-
,
10C
(quar.)
.—!—-41—
Inc.,
preferred
com.
Oil,
com.
25c
(qpar.)..—
Corp.
(quar.)
(quar.)—..
—
Coach
Twin
208
Disc
South
Udylite
1
company
was
Ulen
Co
Realization
Eag
Carbide
Corp.
United
Fuel
6%
•4
prior
12-15
12-15
Wilson
12-24
12-20
12-10
62V2c
12-20
4$1
1-
77c
1%
12-
25c
1-
1
12-17
$13A
1-
1
12-17
6%
Wiser
8%
12-14
Woodward
1-3
12-18
.Common
12-27
B
95c
'
1-
1-
75c
(quar.)
1-
12-30
J5C
50C
12-27
58V3c
1-
12-
3
53c
1-3
50c
1-
7
12-15
3
Zonite
12-15
12-23
Mfrs.—
12-
1
12-27
12-11
Treasury bills
Treasury certificates
(quar.)
$l'/4
5% preferred (quar.);1
i-.-
$1V4
4-1-44
6-15-44
1-10
12-20
12-20
(quar.).
12-10
\
62VaC
preferred (quar.)
Cold Storage Corp.—
4% partic. preferred (quarterly).—
1-
5
8
1-12
1-
5
S.
Foil
Co.,
7%
50c
preferred
(accum.)—-—i
U. S. & Foreign Securities, $6 1st pfd.
(quar.),,
12-29
$1.75
1834c
L—"
2-15
1834c
I8%c
1-31
■
5-15
1-31
1-10
12-28
•/
12-23
12-13
12-28
7%
prior
preference
United States
United
$i3/4
12_28
^
12-21
12-20
$'i%
1-1
12-15
$iy2
l-
1
12-15
1-
3
12-29
1-
3
,
20c
1-
12-
3
2-1
1-
S.
Playing Card
50c
12-31
$i%
1-
;
12-27
12-20
:? 1-15
12-10
50c
5-15
4-10
$1%
1-
1
1-
3
12-
I
I
S.
30c
$5
preferred
121-
1-
4
12-20
12-23
4-15-44
7-15-44
7-3*
40c
3-10-44
2-25*
40c
6-10-44
5-25*
$1
12-20
1-
Other
■.
17VaC
8%
Steel
preferred
(year-end)
Corp.
Tobacco,
common
(quar.)
(quar.)
1-15
\
12-23
1
12-
4
4 12-20
12-
8
Total
preferred
12-
Co.—
12-24
12-
12-20
12-16
$2
5%
prior preferred
Valve Bag,
6%
75c
,
•
-
62 v,c
—
(quar.)
$iv2
Van de Kamp's Holland Dutch
Bakers, Inc.—
Common
$6.50
(year-end)——...———
preferred
1
;
1-
3
1-1-44
35c
12-10
12-20
1212-
12-10
12-30
12-
6%
-preferred
preferred
$1.25
i
37V2c
62V2c
12-22
-
FOREIGN
Co.
(year-end) 11l.r
Ward .Baking Co.,. $7 pfd.
Ware River RR.. gtd.
.
Warrea. (S, D.)
'■
Warren
Australia, pound..
Brazil, cruzeiro—
$l34
1-20
1-10
4-20
4L0
-t$i
./
30c
C
$ 1.35
Waukesha
t
Motor
Co.-
Wayne Knitting Mills,
6%
preferred
,
(quar.)——:
common
(s-a)—1
>■
'
12-24
12-
Li—1—_
;
4
12-15
1-
3
3
12-15
dollar—•
52,750
—
193,940
+
.+
6,354
20,136,683
90,127
+
—
3,925
—
17,766
—
172,613
'.b
31,273*
—
918,015'
—
15,123
299,478
S.
Govt,
17,766
741,481
.85,717
5,063
securities,
guaranteed;
£0,127
10,558
;+
direct
+
6,561,570
S.
Govt,
and
11,013,689
R.
notes
Bank
of other
banks
.•»*
659,064
—
100,300
+
72,787
+
1,237,209
6,050,555
—2,265
+
5,476,543
+
20,003
—
5,553,249
+
89
■■■'
72,629
+
3,365
+
23,659
2,203,621
...
+
563,753
+
373,817
38,288
+
56.036
—
assets
Total
3,955
1
—1,152,153
136
premises
Other
4,222
—
11,114,374
F.
80,64)
—
securities,
guaranteed
Total bills and securities
Due from foreign banks
Uncollected items
+
28
34,000
—
2,186,250
Bills
direct
.
+
,'.676,900
Certificates
U.
;
i
: 1,588,969
V
assets
1
.
11,740
1,771
25,814
—
—
.
*"+504,103
33,621,817
5,181,739
+
Liabilities—
P.
R. notes in act.
circulation.
16,636,130
+
108,386
Member bank— reserve acct._
U. S,
*12,932,032
+
363,029
Treasurer—gen. accts.^
Foreign
379,481
deposits —1
Other
liabs.. incl.
Total
accrd.
639,931
—
14,619
9,291
804
—
240,133
277,94 3
+
2,765
+
-
+502,616
.
181,157
+
+
+
33,193,052
—.
366,36.4
+
+ 380,415
1,614,405
divs..
liabilities
+
36,051
14,933,226
availability items
585,005
'
6,122
—
179,913
Total
Deferred
+4,617,027
.
—306,237
1,441,750
—....
5,137,873
Capital Accounts-
paid
L
in.....
(Section
'■
7)_~—
151,772
1
trial
make
'+
w
.
2,909
+
■
43
561
34,983
+504,103
63.8%
V;—
indus¬
advances
w
"
33,621,817
F. R. note liabilities combined
to
•^
5,923
+
26,829
89,753
Total liabilities & cap. accts.
Ratio of total res. to deposit &
Commitments
+'
926
+
160,411
Surplus (Section 13b)
Other capital accounts.;
8,865
10 TO
RESERVE BANK TO
DEC.
16,
•
+
5,181,739
.3%,
+
14.4%
'
130
—
'
1,843
TREASURY UNDER TARIFF ACT OF 1930
1943, INCLUSIVE
Noon Buying Rate for Cable Transfers in
Value in United States Money
L
New York
Dec. 11
Dec. 13
.297733*
.297733*
.297733*
.,297733*
.297733*
.297733*
,251247*
.251247*
,,251247*
.251247*
.251247*
Dec. 14
Dec. 15
Dec. 16
$
3.228000
$
'
3.228000
.060586*
.060586*
3.228000
.051275*
.051275*
.051275*
.909090
.909090
.909090
.......
.892343
12-20
12-14
Golombia, peso...——
England,- pound sterling—
India (British), rupee——.
12-20
12-10
Mexico, peso_._.
Newfoundland, dollar-
•
12-1*;
30c
12-29
12-15
12-24
12-13
3.228000
1-
5
12-31
.
Free
12-22
12-
5
New
12-20
12-
7
Union of South
.$iy4
67 y2c
25c
$1
$iy2
2-
1
1-15
2-
1
1-
3
12-15
12-24
Zealand, pound
Uruguay,
Africa, pound
1-
1
12-14
.893750
.572766*
Controlled
.909090
'
.894531
.572766*
4.035000
.572766*
,
'
.060586*
3.228000
.060586*
,
.051275*
,1.051275*
.909090
.909090
.893125
.893671.
.572766*
4.035000
.572766*
4.035000
4.035000
.301215
.301215
.301215
.301215
.301215
.301215
.205820
.205820
,205820
.205820
.205820
.205820
.909090
3.244203
3.980000
.891250
3.244203
3.980000
.909090
.892500
31244203
3.980000
.909090
.909090
.909090
.891875
.890625
3.244203
3.244203
3.244203
3.980000
3.980000
3.980000
,
;
.891250
,658300*
Noncontrolled
♦Nominal
,894843
4.035000
peso—
12-14
1-15
.572766*
4.035000
.889791
$1
.051275*
•
.909090
:
Official
50c
.060586*
.
;
rO'Free.-...
12-15
1-
'
Canada,
L|: Official—^—
12-24
$3 Va
__1_1
FEDERAL
.060586*
12-20
25c
-
•
1'
(year-end).
3
$1.70
(s-a)—_!!—!_• !
class-A. (s-a)—1!.—J
'
1-
12-24
Soc
75C
(year-end)___;
(initial)
BY
3.228000
Official———.i
,
80c
'
;•
(s-a.)_—__r.
(year-end)
class
30C
$3%
$2.50 class B
,
'
Co.
Brothers,
13,643,265
.251247*
3-10
......
12-10
3-20
-
System (quar,).!——i.;_. 1'
.Walworth Co., 6% preferred (s-'a)—_!_!!_j.
hand and
........
Decrease
or
< —) Since
Dec. 8, '43
Dec. 16, '42
$
...
12-20
$i%.
.
Waldorf
dollars)
-
preferred. (quar.lc^cj.ili.—i^Jl
Agriculture
CERTIFIED
Dec. 10
peso—
Official—
$2 y2
Wagner. Electric Corp.,-'(quar.)lllll^
.
RATES
Argentina,
$iv2
-
2nd
EXCHANGE
Country and Monetary Unit
12-13
(irregular)
7..%.preferred !(quar.>i,^.!—i-4—..l1
$3
of
Dec. 15, '43
on
reserves
Total
,
4-15
preferred .(ouar.^.-.——
'
Waba&so Cotton Ltd. v(quar.)^_-'i_.s_rj.-—^4
--.-Waco. • Aircraft- Co,-.?.—j—.I-..-
!
thousands
Deposits:
DEC.
7-15
•^.7%
,
11,624
....
Notes
declined
1-15
5-1-44
Common-
:J Waialua
2-1-44
8-1-44
..Wagner. Baking. Corp.,- common:4year-end)
> (,7%,.-..pref.erred-.ifquar.Ji^i.-.i:-.!!...—;
accounts,
.....
12-13
37j/2C
f-
—...
-
:
11-30
37V2c
_
-•?,
securities
week
fBonds
District, and $107,000,000 at all reporting
Holdings of Treasury notes declined $26,-
12-20
12-23
12-20
(qaar.)
-
80
107
except
.
-
t.
1-3
35c
(quar.)
Common (quar,) —-l-.u1...!,.!.:..
...Vulcan Detinning Co.v'common;
(irreg.)
tax.
Capital
7
$1V2
•'
68 y
9
42
Foreign Exchange Rates
4
12-20
HOC
+
41
118
"Pursuant to the requirements of Section 522
of the Tariff Act of 1930, the Federal Reserve Bank is now
cer¬
tifying daily to the Secretary of the
Treasury the buying rate for cable transfers in the different countries of tha
world. We give below a record for
the week just passed:
v
1
4
12-20
45c
Ventures, Ltd.,. common ;(interim)
Viau Ltd., -5%-preferred
.(quar.)
; Victor
Chemical Works (year-end) —i-__4l4
Virginia Electric & Power, $6 pfd. (quar.).
-.Virginian Ry., 6% preferred (qmar.)—
A 6-%
income
of
12-24
12-31
875
4,573
12-27
1-3-44
Gov't
discounted
Industrial advances
Non
Surplus
-
•*
British
oourue.
District, $31,000,000 in the Bos¬
$30,000,000 in the Cleveland District;
12-17
5,064
+
—;
...
000 in the San Francisco
ton District, and
1-12
$1%
(quar,
Van Norman- Co, (year
end)_4—!!ill__—__
•
8
2-
accounts
S.
Total bills
$16,000,000.
,-7.; ■/„■:
(quar,)
preferred
r
deposits-adjusted increased in nearly all dis¬
tricts, the principal increases being $170,000,000 in New
York City, $42,000,1)00 in the
Chicago District, $34,000,-
8
3 0c
SI
(quar.)—
Knitting
;
changes for the
$518,000,000 in hold¬
in
U,
Secured by U. S. Gov't obli¬
gations, direct & guarant'd
Other bills discounted
Demand
'
6%
dealers
8,712
4*
1,146
801
Bills discounted:
000,000, and of obligations guaranteed by United States
12-13
65c
__
__
—
Utlca
and
loans increased
the Boston
in
12-30
12-24
Upper Michigan Power & Light—
'
brokers
member banks.
11-19
$8
(s-a) 1—,
>
Cyclops
Leaf
3*
20c
_
Universal
of
573
33
7,985
......
deposit
and
cash
Government, $19,000,000.
.
Universal
3»
$1.25
—
Decreases
10
+
424
6,076
...
Treasury....
Redemption fund—F. R. notes
12-10
I:
Treasury bills declined $157,000,000 in
New York City,
$80,000,000 in the Chicago District, and
$364,000,000 at all reporting member banks.
Holdings
of Treasury certificates declined
$38,000,000 in the Chi¬
cago District, $28,000,000 in New York
City, $22,000,000
3
4-
to
Holdings
12-20
12-27
1-15-44
$1.25
...
■
cultural
1-10
50c
(quar)
preferred A (quar.)
6.4% preferred A (quar.)
U. S. Steel Corp., common.
United Stockyards Corp.-—
.4';,;
l
70c conv, preferred
(quar,)—!—
United Stores Corp., $6 1st pfd.
.(accum.).
Inc.
3
2
12-16
1-20
1-
$1.25
6.4%
Utilities
1
8:
511
1,055
—
30
Increase ( + )
$36,000,000, and other loans for purchasing or
carrying
securities $60,000,000.
Commercial, industrial, and agri¬
11-30*
,
—
United
1-
$1.183/4
Potash Co., common
(year-end!
Sugar Corp., $5 preferred (quar.)—
preferred (quar.)
S.
12-20
50c
,
Loans
11-12
35c
(s-a)
$5
U.
12-15
$ 13 4
Dec.
demand
Assets—
Gold certificates
due from U. S.
12-10
ings of United States Government securities and of
$1,140,000,000 in United States Government deposits, and
an increase of
$424,000,000 in demand deposits-adjusted.
12-15
3
ended
...
(In
principal
week
12-20
50C
U. S. Plywood Corp., common
$1.50 conv, preferred—
U.
7
3
(quar.)_._
(quar.)
Less
170
—
—
39
34,075
.......
3
1-20
3
dividend
a
...
11-26
The condition statement of
weekly reporting member
of the Federal Reserve
System in 101 leading
cities shows the
following
7
12-
1-
•
7% prior oref.
& Foundry Co.—
7%.
575
——
12-29
12-22
tax.
tax,
4
2
5,670
Statement of Condition of the 12 Federal
Reserve Banks Combined
12-10
banks
12-20
50c
U.
12-
3
'
'
resident
14
8,789
63
-
12-16
v.y:;
Condition Statement of Member Banks
'
Lines.
States Pipe
12-21
1-
(quar.)!___
(irreg.
15%;
5,91-4
201
12-16
and
53
$2.50
—
U, S. Leather Co., conv. partic. class A
(irreg.)
Convertible partic. class A
tax,
+
61
+
-
19
2,786
2,155
12-16
12-28
L-L,-- $2
...
to
during
75c
this
620
....
Debits
interbank
50c
•
deposits-adjusted
12-13
30c
(quar.)
for
■f
.....
Foreign banks
Borrowings
12-11
12-11
U.
12-20
$1.75
S. International Securities—r
$5 1st preferred (accum.).
closed
-f
26
...
1-15
.
1-3-
me
resident
12-20
12-27
40c
(s-a)__
United States Gypsum, common
7% preferred (quar,)..
U.
1-
12-27
$5
50C
United States Guage, common
17c- pvcferred (s-a)
not
107
17,597
1,757
—
vault.
Interbank deposits:
Domestic banks
4-
1-3
...
deposits
U, s. Government deposits...
7-3i
•
$1%
Jamaica Income
books
in
—
Time
4-29
8-15
:
(Payable in U. S. funds, less 15% Canadian
non-residents' tax.
(Payable in Canadian funds, tax deductible at
12-23
$V/2
$6 2nd preferred (accum.)
United States Guarantee Co, (quar.).
■'
30%
•Transfer
.
364
81
-
Liabilities-
12-14
S.
U.
.
securities
Demand
12-14
37VaC
6%
xLess
3-15-44
7-1-44
$2'/2
$13/2
—.
,
12-17
$1V4
5% preferred (quar.),
United N. J. RR. & Canal
(quar.__..
United Pacific Insurance Co.
(quar.)
United Shoe Machinery, common
U.
1-3-44
11
4,857
Balances with domestic banks
1
Other
192
•f
2
6
9,058
:
U. S. bonds—..
Obligations guaranteed by U. S. Government
3
•
preferred
60
83
indebtedness
12-
2-
1-
'
5%
575
3,554
of
Treasury notes
12-22
$iy2
—L
preferred A (quar.).:
Products
Corp
660
622
1,339
8c
—,1
preferred
0V27c
1
Cash
(A, B.) Co., 67c pfd, (year-end)
Vo'--$iy2
17c
preferred
(quar.)
;
$134
Wright Aeronautical Corp. (year-end)—.—.
$7
Wright-Hargreaves Mines, Ltd, (reduced)—
46(40
Wrigley (Wm. ) Jr., Co., common.../
50c
Yale & Towne
Mfg. Co.—lL';';L 15c
York
Corporation
(initial)
15c
Youngstown Steel Car (quar.)
15c
Youngstown Sheet & Tube—'V': '.V''LL.::L'
12-15
12-
12-1
Wrisley
12-15
12-23
1- 2
(quai1.) .';:
12-10
36
Reserve with Federal Reserve Banks
preferred B
3
D
1,411
Other loans
12-23
6(4
4
1-10
1-3
(quar.)....
12-3 3
1
$2
preferred A
12-
16
12,091
+
1,123
12-11
______
2,
+
...
12-11
17c
12-10
securities.
1
1
(resumed)
99
carrying
1
1
—,
—
631
securities
i-
12-20
3
2-
10c
common
end)
—
—
6,395
1-
Common
12-21.
+75c
Lothrop,
50,535
Real estate loans
Loans to banks-
4
or
12-9-43
agricultural
1-15
3
12-30
450c
12-
and
Loans to brokers and dealers in
Other loans for
purchasing or
12-11
3
(quar.).-
(quar.)—^
:___
Worthington Pump & Machinery Corp.—
6
3
1-
12-1-43
10,926
;
$1.75
12-17
1-3
SI Va
(year-end) 1
12-
12-20
1-
investments—total..._„.
$1.75
12-
1
12-31
3-22
25c
12-24
12-22
3
and
Commercial, industrial,
12-15
+
75c
15c
Loans—total
1
75c
(quar.)
Woodley Petroleum Co. (quar.)
Woodward Iron Co. (year-endl
35C
Loans
12-15
3
LL%,
preferred (1897)
("quar.)—L—;——
S1V2
Oil
(quar.)—L_—L_:—L——L_Lv,
25c
77c
12-15
1-
$iy8
(year-end)
pfd.
12-16
12-11
Increase (+)
12-31
4-
dollars)
Decrease (—) SlnCH
3
1-3
of
12-8-43
1-
Electric Power—
(year
(In millions
;J25c
Candle,
12-18
75c
cl.
pfd. (quar.)
"
Assets-
1-15
(quar.)$iy4
${■
12-23
12-21
1-15
(quar.)...—$l3/4
preferred
&
12-22
1-
(quar.).
12-24
20C
„
&
preferred
common
50c
(quar,)....
preferred
Merchants
common
$ 134'
;
3
:
•
...
Extra *
.
1-
.
J20c
Co,,
Wisconsin
12-15
$1.50
(quar.)__,
conv.
3
City and $41,000,000 at all
reporting
:
..
50c
(quar.).-
Co.
(irregular)
$6 preferred (accum.)
Crampton Corp.—
conv. preferred
(quar.)
conv. preferred (quar.)
17c
8
12-18
3
1-
York
summary
12-15
25c
Investment
&
3
$iy4
Winters &
Wisconsin
'
(monthly)..——
6.36% preferred (monthly)
6% preferred (monthly)—
United
Ltd.
3
Investments—
class A preferred
7%
•
Wilsil.
(yr.-end)
(Wm.) Co., 77o pfd. (quar.)
Co., 7% preferred (quar.)..
Baumer
3
United Gold Equities of Canada
(irreg.)—_
..United Illuminating Co.—.
——
United Light & Railways Co.
(Del.)—
.
12-10
*
$iy2
$1V4
Water
&
3
Carbon.
Corporations Ltd.,
•/
Will
1-3
prior
12-20
1-
481.75
(quar.)
30c
Uniied
•
Wichita
12-15
10c
Union Investment Co.,
7.6%.preferred (quar.)
Union ' Pacific RR,
(quar.)„.
:—:—_
United Carbon Co.
v
Whitman
12-10
3
1-
(liquidating) —will
-
3
12-28
1-
com.
New
of the principal assets and liabilities of
reporting member banks, and of debits to demand
deposit
accounts, follows:
12-15
$1.50
(quar.)_
Paper,
preferred
1-
& Paper' Corp.v (year-end)^.—lil
&
cOnv.
17o
1-
(year-end)...—
Union
12-
$5
Whitaker
3
1
1-
12-
$1%
—
Salle Street Gorp.
Union
12-10
,
Clutch•.(quar.)!..
La
Corp.
12-10
1
Stationery,
Wheeling Steel Corp.,
:f-$ll/4
formerly known
v?V'V
pfd. (accum.)'
Tubize Chatillon Corp,
City Rapid Transit, 7%
Twin
:
'
A
12-10
1-15
15c
—
Westvaco Chlorine Products,
$4y2
LSD/a
(quar,)—J_„..—„_
as
3
i$i
.
1
above
1-
1-
preferred
12-24
12-24
(s-a)_
$3Va
(quar.)' $75c
Westmoreland Water Co., 67o pfd.
Weston (George) Ltd. (quar.)
a
12-20
3c
——
The
12-
J25C
Ltd. (Toronto) (s-a)
Tubize Rayon Corp., new (initial
quarry...
.17c preferred1 (quar.)
^
i
12-22
t$l%
Trusts & Guarantee Co.
1'
12-18
50c
Trusts
57c
12-17
$1%
—
Twin
30c
$iya
(quar,')—
Pa. Ry., common
(s-a)—.,,
&
Westmoreland, Inc.
12-10
47 Vac
—
Products
3
25c
.
;Toronto Mortgage Co.
Traders Finance, 6% preferred A fquar.)
Trailer Cq. of America, 7% pfd. (quar.)—_
Trans-Lux
Corp. (resumed)
:
Trico
1-
12-23
Y.
preferred (s-a)
Western Tablet &
6
12-27
N.
12-13
in
member banks.
1
$l>/2
__
—_——
common
Deposits credited to domestic banks declined
$57,000,-
000
12-30
(Iowa), 7% pfd.
Ltd.,
preferred
5%
.
12-18
$1
Tip Top Tailors, Ltd., common (quar.)—..
7%
preferred (quar.)....,——1—
Tonopah Mining of Nevada (year-end)-——
Tooke Brothers, Ltd.
.(initial)—.;—:L_L--L-'
General
12-
3
•'75C
(year-end)..
(year-end)
Timken' Detroit' Axle
Toronto
1-
17c
Grocers
Western
3*
Co.
,
P2-14
12-
$1%
—
(quar.).
Grocer
Western
1-17
12-27
10c
(year-end)—„—
common
12-10
1
preferred
all
the San Francisco District.
12-15
12-20
—„
(quar.).:
3
12-31
10c
(quar.)—;
common.™.
preferred
Western
,
12-10
?10c
——
Water Associated
$4.50
Power,
class A
12-15
1-
$l'/a
3
$ $ 134
—1■■■
_>
Electric,
Penn
$6
12-15
3
—...—
Products,
12-1-5
1
1-
common——
preferred
Thompson
1-
|.20c
Water, $6 prior preferred (quar.).—
Thew Shovel Co.,
Tide
Co
1-
,
—
Utilities, $6 pfd. (quar.L
—''
West Virginia Pulp & Paper
(irregular)....
West Virginia Water Service Co.—
'
12-15
10C
Gas
Penn
4V2%
12-16
12-27
(s-a)
West Texas
12-17
10c
5%
preferred (quar.J—_——..
Tech-Hughes Gold Mines, Ltd. (interim)—.
4%
1
C2j/2c
(quar.)———
6834c
Texon
Ohio
West
50c
,
1-15
partic. preferred (quar.)—...
Tamblyn (G.) Ltd., common (quar.-
Textiles,
West
9
at
City,
$161,000,000 in the Chicago District, and
$98,000,000 in
5-15-44
8-15-44
8-31-44
25c
.
Extra
Texas
12-
increase
reporting member banks was $424,United States Government
deposits declined m
districts, the total decrease being
$1,146,000; th©
principal decreases were $485,000,000 in New York
2-14-44
$1.75 5-31-44
$1.75
•
t3c
'
■
12-20
,
the
000,000.
12-14
$1.75 2-29-44
——;
Oil & Snowdrift—
Jersey & Seashore RE., common
West Kcotenay Power & Light—
7% preferred (quar,)_____
12-28
all
L—...
:
West
30c
5Va%
of Reo.
42c
Wesson
12-17
—
A (year end)
preferred (quar.);———,—........
Taggart Corp., $2.50 preferred (quar,.) ..——
Texas
(quar.)
3
Class
Inc., common
(quar.)_—
preferred
3
(quar.)————
Tacony-Palmyra Bridge, common (year end)
(James)
preferred
7%
1-
.j.——
5%
Payable
L
—
7%
1-
Sylvanite Gold Mines
Talcott
—
5
12-18
30c
25c
:
1-
1-15
12-24
Holders
Welch
f$2V2
——
preferred (s-a).'
Sylvanla Electric Products.
11-20
<
20c
,
When
share
Company
Wellington Fund, Inc. (irregular)—!.—,
Grape Juice Co.—
7% preferred (quar.)
12-11
12-20
10c
...
Name o}
12-10
1
1-
25C
—~——....r—...
Per
of Rec.
12-20
0834C
—
Holders
Payable
65c
(quar.)
,
Year-end
When
share
rate.
.658300*
.658300*
,658300*
.658300*
.529760"
.658300*
.529760*
.529760*
.529760*
.529760*
.529760*
THE COMMERCIAL &
2518
Corporation and
Co.—Earnings1943~r-9 Mos.—1942
"Net'profit
—$141,433
$64,831
$307,773
$146,919
(Earn. per com. share...
$0.26
Nil
$0.01
Nil
■'"After charges and Federal taxes.
Nine months' Federal taxes were
$312,000 in 1943 and $210,410 in 1942.
fOn 146,831 shares.
Net sales for the nine months ended Sept. 30,
1943, amounted to
$8,922,929 as compared with $6,926,983 in the like 1942 period.—
Thatcher Manufacturing
1943—3 Mos.—1942
;
158, p. 1077.
'•Net
profit
•
——
fEarnings per share—*~
*
After
Sales
against
15
158,
V.
Nil
$0.59
$1.92
——
Products, Inc.—Initial
Preferred Div.—
V'"..
2368.
salvage
Net
par $100, payable
y. 158, p. 2087).
30,040
135,000
72,367
296,562
taxes.
92,925
96,421
265,646
—1 $2,092,629
940,888
$3,362,694
1,345,035
$1,151,741
income
Total
.
income
If the
tax.
net income for
$5,990,241
1,933,235
20 Wacker Drive
Building Corp., Chicago—To
the
Vote on
proposed merger of
this company
Corp., will be held
Dec. 28, James C. Thompson, President,
announced on Nov. 30.
The merger plan proposes the reclassification of the stock of the
Wacker company, and the extension of .the corporate powers of the
successor
company, to be called General Industries Corp., to include
*
?
of stockholders to vote on a
with the LaSalle Industrial Finance
activities of the finance company.
20 Wacker Drive Building Corp.,
the
The
'
$5
$5
par
par
preferred, 90,307 shares
class A
Wacker
now
authorized and outstanding;
cumulative
of $72,
class A
V /
. .
regular dividend of 50 cents per share
on
the common stock and one of $1,25 per share on the preferred
stock/ both payable Jan. 3 to holders of record Dec. IS.—V. 158,
The
General
also has outstanding
also
15,
,
a
pany
dividend of $1.75 per share on account
the 7% cumulative preferred stock,
158, p. 2088.
Funds, Inc.—Extra
declared regular
Distributions—
six classes of
and extra dividends on
stock, payable Dee. 20 to holders of record Dec.
13, as follows:
Payable December 20
"Regular
Class—
Union
bond
fund
"B"
fund
Union
bond
Union
preferred
$0.47
"A"
fund
common
stock fund "A"
common
stock fund "B"
realized
dividend
profits.—V.
or
$0.75
Total 1943
Payments
$1.69
interest
157, p.
195L
0.56
1.48
0.52
0.92
0.50
*
Union
net
0.46
tExtra
0.17
■___
.
XC"
stock fund
Union
"From
upon
Traction Co.—Redemption of Bonds—
presentation of the bonds for
redemption.—V. 158, p. 2089.
Light Co.—$42,000,000 Bonds Offered—
made in these columns Dec. 13 of the
was
public offering Dec. 10 by a nation-wide underwriting
syndicate of 38 investment houses, headed by the First
Boston Corp., of $42,000,000 first mortgage bonds 3%%
series. The bonds, due 1968, were priced at 100.625 and v
interest:
Subscription books have been closed.
•
7
The bonds are dated Dec. 1, 1943; due Dec. 1, 1968.
Interest pay¬
able June 1 and Dec. 1, in New York City at the principal office of
Guaranty Trust Co. of New
~
0.17
1.15
0.23
0.15
income
less
0.41
—*
-
expenses.
0.23
tFrom
York, trustee.-
.
;
v
'
Sinking Fund
*
on
1943, and on Aug. 21 and Dec. 31, 1942. These were the first dis¬
since July
15, 1937, when $7 per share was disbursed.
bond
$1.75
company
Mention
tributions
Union
To
announces that it has deposited with the Bankers
Trust Co., as trustee, 16 Wall St., New York, N. Y., funds for the re¬
demption on Dec. 15, 1943, of the outstanding 30-year first and re¬
funding mortgage series A, 5% bonds, due Oct. 1, 1944, at par and ac¬
crued interest to maturity.
Payment is being made at the trust com¬
registered
a
public
,
,
.-■"'■
principal
5%
gold
maturity
to
bonds,
due
Utah company's 30-year
which $28,119,000 were
on
1944,
of
first
out¬
(b)
to Feb. 1,
To
1944.
principal
pay
7-
,7
to maturity
■
Utah company's first lien
on
and
general mortgage gold bonds,
068,000
were
,
series of "4%s due 1944," of which $4,at Sept. 30, 1943, together with interest of
outstanding
$91,530 from Aug. 1, 194J, to Feb. 1, 1944.
(c) To pay or cause to be paid, principal
to
maturity
Traction
on
company's 30-year first and refunding mortgage gold bonds, series A,
5%, of which $11,813,000 were outstanding at Sept. 30, 1943, together
with interest of $590,650 from Oct, 1, 1943 to Oct. 1,. 1944, these bonds
having been guaranteed
The
duplicate
amount
Utah
to
Traction
and
in
the Utah
alone and $757,043 for the
company
companies,.
Co.
Trust
to principal and interest by Utah company.connection with these transactions will
as
interest
$264,835 for
Guranty
...
.
York,
New
of
trustee
as
'.
-
Utah
under
company's-
mortgage dated Feb. 2, 1914, and its mortgage and deed of trustdated May. 1, 1920, will be authorized to pay, on or after Dec. 15, 1943,
the
to
5%
holders
of
that/company's outstanding 30-year first
retire a
$500,000 per year 1944 to
Maintenance
and
Replacement Fund
adjusted gross operating revenues,
excluding transportation earnings and transportation expense, will be
expended for maintenance of, and gross additions to, the properties
of Utah company, and Western Colorado Power Co. and leased prop¬
erties of Utah Light & Traction Co.; any deficiency to be deposited in
cash or purchased bonds, with the corporate trustee.
Annually an-,amount equal to 15%
Redemption
net
(a)
General
redemption
Provisions
price of bonds.
Bonds will be redeemable
mortgage
gold bonds and its outstanding first lien and general mortgage goid-
bonds series of "4%s duel944," the
interest
with
thereon
Feb.
to
mediate payment.
Bankers
1,
principal amounts thereof, together
1944, and to give notice of such im--
j
.
.
Trust
Co., as trustee under Traction company's first and
refunding .mortgage dated, Sept. 18,- 1914,-will be authorized to pay,on or after Dec. 15^
1943, to the holders of that companv's outstanding
30-year first and refunding mortgage gold bonds/ series A, 5%, the
principal amounts thereof, together with interest to Oct. 1, 1944, and
to give notice of such Immediate payment.
,
•
.
.
.
Funded Debt and Capital
7
*
First
Stock (Giving Effect to Recent Financing)
-
,
Authorized
'
V
1968 '■ $250,000,000
fntge. bonds,' 3%%' series due
Outstanding
$42,000,000
5,000,000
stock (no par )....
300,000 shs.
207,605 shs.
$6 cumulative preferred stock (no par).*
210,000shs.
41,921 shs.
Common stock (no par)
3,000,000 shs.
3,000,000 shs.'
"Unlimited except by earnings requirements of indenture.
■'■<":7
6%
gold deb. bonds, series A due 2022--*,
•
,
:
,
$7 cumulative preferred
Summary of Earnings
Operating
Operation
Sept. 30, '43
revenues
~*.i*-.*.**
•
.
Net
for
income
profits
oper.
and
1,955,992
1,954,971
1,937%33.
1,505,200
693,815
430.483-
$4,797,124
8,617
$4,898,908
8,054
$4,848,205
4,947
$4,789,79.%"
$4,805,741
$4,906,962
.
.
bonds
$4,853,152
2,268,242
2,234,477"
300,000
300,000
2,183,509
,300,000
.
5;154
$4,794,950
,
2,268,330
300.000.
:
.****;
160,162
21,551
20,306
158,028
Cr 1,729
Cr8,146
$2,141,674
$2,184,824
$2,111,341
and deducts.*
income
160,162
154,230
37,602
Crll.274
expense
charged to constr.*
Net
,
debt discount
of
Other int.
Int.
95,012
1,092,000
.
income
mtge.
.**„*_
737,958
•
2,323,201
revenues.,.*
on
1,179,461
.
1,935,380"
-
Interest op deb. bonds._
Amort,
1,219,605;
&
taxes.*
5,357-,332
112,909
225.000*
Other income, net__„___
Interest
5,506,905
810,665
130,086
.
1,335,030
**_*_„_
Taxes/other than inc.*.
excess
6,139,529
1,105,507
1,168,741
.73,552
:.-
Prov, for deferred maint.
Provision
Dec, 31, '42 Dec. 31, '41
6,726,814-
.....
Depreciation
for Stated Periods
Dec. 31, '40
$18,584,845 $16,954,827 $15,106,933 $14,440.220 7
12 Mos. Ended—
'
31,362
$2,046,151
Underwriters
The
names
the
of
underwriters
several
follows;
as
The First Boston
Corp.L*$2,404,000
Goldman,
Harriman
Ripley & Co.,
Inc.
Co
Wisconsin
A. G. Becker & Co., Inc.
Central Republic Co. (Inc.)
Co.,
_**_*__*__*.j:**
;
The
Inc.*—*_ 2,404,000
Sachs & Co.* 2,404,000
Blyth &
respective amounts'
the
and
;
1
underwritten are
LaurCnce
" "• -;
Arthur
2,404,000
Marks & Co.
Perry & Co., Inc.,
$775,000
516,000
516,000
-
516,000
516,000
Whiting, Weeks & Stqbbs
Peabody & Co.* 2,404,000
Inc.Mellon Securities Corp*. ,2,404,000;
Dean Witter & Co.!
!
Smith, Barney & Co
2,404,000
Edward L. Burton & Co.
Stone & Webster and"/ v.*■.'/'*:'
2,404,000 7 Hayden, Miller <fc Co.—L
lllodget,, Inc...;
,.1
! 258,000
1,680,000;; Granbery,' Marache & •
1,422,000
/Lord'
*_
J. A." Ilogle & Co.—i—.
258,000
&
Co.'——
258,000
Walker &
Co.——
258,000
Kidder,
*—
Union
principal amount of bonds as follows: Fixed sinking fund,
1967, incl.; conditional sinking fund, $350,000)
per year 1948 to 1953, incl.; $500,000 per year 1954 to 196-1, inch; and
.
$400,000 per year 1962 to 1967, incl.
*
The amounts of the conditional sinking- fund to be payable after
deducting annually from consolidated gross operating revenues, operate;)'
ing expenses/taxes, rentals, 15% of .adjusted operating revenues (in¬
cluding in such 15% all maintenance expenditures), all interest charges -,
and $500,000 fixed sinking fund.
Any deficiency to be carried over to
the succeeding year. Sinking-'fund requirements may be anticipated.
To
-
Trusteed
of
Utah Light &
The
$100, payable Dec. 24 to holders of record Dec. 18, A similar dis¬
was made on Oct, 20, last, compared with $3.50 each on July
directors
—
'
tribution
Union
1943,
1,
Gross
1943
1936
year
International Securities Corp.
&
per share has been declared on account of
cumulative first preferred stock, no par value,
payable Dec. 27 to holders of record Dec. 20.
This compares with
$1.25 paid on Sept. 30, last, and $1 each on March 31 and June 30,
-1943.
During-1942, the following distributions were made: Oct. 27,
$1.25; Nov. 28, $2.50; and Dec:'28, $1.25.—V. 158^. 1181.
7/
Rapid Transit Co.—Accumulated Dividend
the
for
Purpose of Issue
pay
To
(a)
mortgage
Maintenance
Dividend on Account of Arrearages—
dividend
A
*
accruals
States
Pay '$1.75
'
The
77.
1944.
accumulations on the $5
1942
"Net
profit-**-——
$302,684
$522,235
•fEarnings per common share
;-—**——
$0.64
$1.10
After charges and Federal income and excess, profits taxes.
tOn
472,500 shares of capital stock.—V. 158, p. 778.
—V.
1943.—V. 158, p,
United
Twin Coach Co.—Earnings—
The directors have declared
also
is
proceeds,
Utah Power &
9 Months Ended Sept. 30—
Twin City
net
Renew, of motor coaches
company."—V. 141, p. 770.
1,
%'r,"\v/
■■■.'.'( 77'77
:
owns
.
par
7-7
.
Fidelity & Guaranty Co.—Extra Div.—
The directors on Dec. 15 declared an extra dividend of 25 cents per
share and
the usual quarterly dividend of 25 cents per share on
the common stock, par $2, both payable Jan. 15 to holders of record
Dec. 31.
Extras of like amount. were disbursed on Jan. ,15 and July.
,
of
779.- 7
United States
the entire common
to
addition
p.
:
\
stock of Wacker, General Finance
9,586 shares of Wacker preferred, 4,863'shares of
LaSalle class A, and 177,318 shares of LaSalle common stock.
*
To finance the construction of its building, Wacker obtained a $10,000.000 loan, secured by a first mortgage, from the Metropolitan Life
Insurance Co.
This loan was in default by Nov., 1938.
Since that
time the Wacker company, assisted by the General Finance Corp., has
changed the terms of the mortgage ta allow dividends to shareholders
from earnings other than from the buildings, and the company in¬
tends, after the merger, to segregate its, assets so- that shareholders
can be paid dividends from earnings not connected with
the building.
The company also intends to set up a purchase fund to be used for
the acquisition of outstanding shares of class A and class B stock.
In his proxy statement, Mr. Thompson states that "it is the opinion
of the management of the company that if the present capital struc¬
ture is revised the company will be afforded an opportunity to obtain
earnings which will be available for distribution to its stockholders.
"The
proposed merger of LaSalle with the Wacker company will
assist the latter to accomplish this objective and at the same time
preserve for the holders of the present Wacker preferred stock their
interest in the buildings and other tangible property of the Wacker
In
i
the year 1942.
directors also declared a
during
a share,
101,000 shares, all owned by the Gen¬
eral Finance Corp., for each of which one common share of the new
company would be issued.
LaSalle has outstanding 18,262 shares of class A stock, each of which
would be exchanged for three fifths of a share of new class B pre¬
ferred and $7 in cash.
LaSalle also has 191,710 shares of common
outstanding, each of which would receive 1/100 of a share of class B
Corp.
.
Products Co.—Year-End Dividends—
.
The directors have declared a dividend of $1.25 per share on both
the common and $3 cumul. & partic. preferred stocks, no par value,
payable Dec. 20 to holders of record Dec. 15; Regular distributions
of 50 cents per share on the common stock and of $1.25 per share on
the preferred stock were-made on Jan. 2, April 1, July 1 and Oct. 1,
this year.
These payments are the same as made to the stockholders
Finance Corp.
preferred and $1.65 in cash.
:
Co.—Dividend Increased—
United Milk
shares authorized, 13,000 shares, out¬
600,000 shares authorized and 101,000
preferred, which would carry cumulative dividends of 30 cents
-payable semi-annually and guaranteed for three years by the
and
light
The
company
has declared a quarterly dividend of 75 cents a share,
15 to holders of record Dec. 23. In the previous three
quarter of the current year payments were 50 cents each, while a year
ago 75 cents a share was declared.—V. 158, p. 1864.
./
*
.
„
preferred, for each share of which, with dividend accumulations
■holders would receive, under-the plan, one share of the new
Wacker
passenger miles over
in estimated figuresDec. 11 by Harold Crary, Vice
United Fruit
the following
outstanding shares of $6 no par
has 90,307
15,866,971
payable Jan.
that address,
,
'
first
class B preferred, 500,000
common,
4,529,250
2,714,154
17,082,195
7713,620
2,906,424
The company
office building, opera house and theater,at
has lost money continuously since that time.
If the merger is effected, the new company will have
authorized and outstanding capital stock:
standing; and $1 par
rshares outstanding.
1943—9 Mos.—1942
259,882,248 218,365,611
1,614,030
incorporated in 1928 to build
the 45-story
i
nine
$1,-
charge
in
Wyoming
,
,
November
The
' /•'
'
■
the laws of Maine on Sept. 6, 1912. It
southeastern Idaho, northern and cen¬
exclusive-of accrued interest, to be received by
the company from the sale of the $42,000,000 first mortgage bonds,
3% series due 1968, together with at least $2,000,000 of cash from itstreasury and such furtner amount, if any, from the general funds of
the Utah company as may be required, for the following purposes:
t
gain of 42% in United Air Lines* revenue
corresponding month last year was shown
President
special meeting
A
southwestern
and
7'-;7
operations released on
of traffic.
flew 32,148,400 revenue passenger miles last month,
according to Mr. Crary, as compared with 22,705,939 during November, 1942. Airplane miles totaled 2,028,180, as compared with
for the same month a year-ago, a gain of 26% ,—V. 158, p. 2297,
-
for
./
Company
■
.
under
standing at Sept. 30, 1943, together with interest of $702,975 from Aug.
,
„
A
Consolidation—
Sept.. 30—
passenger
*
■
which owns, and operates a transportation system in
City/ The Traction)company also owns certain electric power'
properties which are, however/leased to the Utah company
for 99 years from Jan. M,..1915, and. are operated by the Utah com-'
pany in connection with its own properties.
.
;
- ■ • •
;
For the 12 months ended Sept. 30, 1943, consolidated operating rev¬
enues were $18,584,845, of which approximately 87% was derived from
the sale of electric service, 12%, from transportation service and 1%
from steam heating service,
: 7
;
%
■
Commercial Operations
1943—3 Mos.—1942
miles- 101,810,512 81,217,470
Mail ton
miles
2,699,736
1,865,899
Express- ton miles.
—
1,076,336
1,106,193
Revenue
plane miles—
5,673,726
5,166,975
Period End.
Rev.
1966—100'4%
1969—100%%'
company
and
will be sufficient to become subject to such
the calendar year 1942 should be sufficient
of
1960—100%%
1961—100%%-
Salt Lake
provisions for 1943 have been
i
Statistics
stock.—V. 158, p. 2988.
"A"
class
•
>'•
700,000.
1954—100% %
1955 —100%% >
Company has two subsidiaries/ the Colorado company which supplies'
service In the southwestern portion- of Colorado and the Tkc-
tion
$2,899,958
subject to such tax, the Federal taxes on income for the
months ended Sept. 30, 1943, would be increased by approximately
Corp.—Admitted to Unlisted Trading—
The new common stock (par $1) has been admitted to unlisted trad-:
ing on the New York Stock Exchange.
The stock w&s issued in ex¬
change for old common stock (par $l)and class "A'
stock (par $1)
of Tubize Chatillon Corp. (the old name) on the basis of % share of
new
common stock in exchange for each .share of old common stock
and four shares of new common stock in exchange for each share of
1965..100%%'
mitting/distributing and selling electric energy and to a limited extent'
providing central steam heating service in the commercial district
of Salt Lake City.
\
/' <
>.
'.$4,833,193
2,685,100
$3,305,141
>
to become
Tubize Rayon
1959—100%%-
utility holding company under the Public Utility Holding Company Act'
of 1935.
It is engaged principally in the business of generating, trans¬
$1.34
$0.77
;
tax
income
the calendar year 1943
for
157, p. 2054.
378,913 pounds of express.—V.
pounds of mail and
share
per
Federal
"The
carried 116,696 passengers, 3,021,771 pounds of mail
and
656,877 pounds of express for the first ten months of 1943,
~according to O. T. Larson, Vice-President.
This was an increase over
the
corresponding period last year of 30,841 passengers, 1,293,380
company
'
1964—100 >4%'
100.
7
Utah
'
1963—100% %
1958—100%%
1953—100%%
public utility operating-in
tral
1962—100%%
1957—100% %
.
1952—100% %
thereafter,
a
1956—100%%
19511*100% %:
.Company was formed
Is
$2.20 • ' $1.93
computed at
the rates provided in the 1942 Revenue Act.
No provision has been
made for Federal excess profits tax for the nine months ended Sept.
30, 1943, since the corporation does not anticipate that the net income
Earnings
Lines—Traffic Rises—
Trans-Canada Air
and
months period ending/Nov. 30, resp. years:
12
1950—100%%
1949—100%%,.
$5,512,606 /. $4,572,625
477,635 ,
260,568
$2,017,659
taxes*
income
■"Federal
during
,
electric
$3,199,969
162,725
(net).
1961—101 Va %
%
,
in
$1,942,953
149,676
Net earns, from opers,
other income
redeemed
If
297,386
oil
and
1966—100%%1967—100% %
101% %
—
100%.
1945—100%%
1946—100%%
222,984
Gasoline
of Nevada—Extension—
1960
%
1955*-102% %
'
1944—1007/«%
90,463
91,421
*
1965*. 100%% t
103
price of bonds. Bonds will be redeemable at
the opinion of the Utah company upon like notice with cash deposited
with the corporate trustee for the maintenance and replacement fund,
or the' sinking fund requirement
or with such proceeds of the release,
of property as must be applied to retire bonds at the following special
redemption prices (expressed in percentages of the principal amount);
together with accrued interest to the date fixed for redemption:
'
.
13,041
41,907
l"Cr2,178
45,000
taxes
other
1959—101%%
1948—100%%
and
franchise
Prop.,
■
1964—101
103 '/8%
„
Special redemption
(b)
Statement (Incl. Subs.)
3,589
—
2368.,
p.
1949—103% %
and thereafter,
equip¬
on
sold
ment
Net
This
revs.—
—
Depreciation
-
temporary
158,
1948—104%%
1943—3 Mos.—1942
1943—9 Mos.—1942
$7,607,860 $6,804,521 $20,317,922 $17,239,537
4,216,467
2,743,477
11,055,036
9,318,793
979,175
418,439
2,273,023
1,660,890
236,330
245,986
738,142
1,063,355
L*_**
Maintenance
1 announced a further extension to Feb. 1, 1944, of
exemption of the company from the provisions of the
Investment Company Act of
1940.
The temporary exemption was
extended pending decision by the Commission on the question whether
the company's exemption application should be granted or denied/—
V.
operating
Total
1963—101 '/a % 1
1958—102%%
1947—100%% >
Comparative Consolidated Income
Operations
1962—101 % %
1957—102 %%■
1953
1947—104% %
•
Period End. Sept. 30—
Dec.
SEC
The
Inc.
Lines,
Unemployment and old
age benefit taxes*—'
to holders of
p.
Tonopah Mining Co.
the
Air
United
of $1.25
initial quarterly dividend
recently declared an
the 5'A cumulative preferred stock,
record Dec. 3 (see offering in
share on
Dec.
$176,782
State income taxes (of $123,000 in
of common stock. $Loss.
for the nine months ended Sept. 30, 1943, totaled $11,369,360,'
$9,222,852 in 1942—V. 158, p. 1772.
•
.
Thompson
per
$569,363
1956—102%%
1952—103%%
1946—104% %.
relate to a sinking fund for the retirement of pre¬
issuance of additional preferred stock, and voting
The company further stated that
the name of the corporation to
the
stock,
period ending Nov. 30, resp. years:
1951—103% %
.
privileges of preferred stockholders.
the stockholders will vote to change
fOn 296,300 shares
The directors
•/'■
,
ferred
1941
*$66,478
1942
depreciation, Federal and
etc.
1942),
1943
'
Ended Sept. 30—
9 Months
Jan. 1, 1954.
Other previsions
(& Subs.)—Earnings—
(John R.) Thompson Co.
1954
1945—104%,%
fixed for
redeemed during 12 months
1950—103 Va'
1944—105
%
If
that the stockholders will au¬
thorize 200,000 shares of preferred stock, of which
there will be an
initial, series of 105,032 shares. This is described as 4%■% cumulative
preferred stock with a $100 par value, convertible prior to Jan. 1, 1954.
The statement also details features of United's proposed increase in
authorization of common stock from 2,000,000 to 2,500,000 shares; in¬
crease in
the par value of such common stock from $5 to $10, and
authorization of 100,000 shares cf management stock. "■-'
.V
The registration
statement includes a provision that the preferred
stock will be redeemable at the option of the corporation at $107.50
per share on or before Jan. 1,
1946; at $105- per share after Jan. 1,
1946 and on or before Jan. 1,
1954, and at $102.50 per share after
on at least
the principal
of
date
the
in part,
redemption prices (expressed in per-»
amount), together with accrued interest to
redemption/ ;
•
'
notice at-the following
centages
$10,000,000 for post-war development.
The filing is based on the assumption
(Continued from page 2476)
v.
days'
of the Utah company in whole or
the opinion
Dec, 9 filed with the Securities and Exchange Com¬
mission a registration statement detailing the new financing plan which
will be voted on at ai special meeting of the comapny's stockholders
Dec. 22 and through which the company expects to raise more than
The company on
investment News
Period End. Sept. 30—
at
30
Corp.—Registers With SEC
United Air Lines Transport
General
Monday, December 20, 1943
FINANCIAL CHRONICLE
Securities
Coffin- &
Burr,
Blair & Co.,
Corp
Inc.—...
Inc.-**.*!*; 1,422,000
Starkweather
Eastman/ Dillon & Co.* 1,422,000
Glore, Forgan & Co.*—* 1,422,000
Harris, Hall & Co. (Inc. 1 1,422,000
F. S. Moseley .& Co;*^ 1,422,000
Paine,. Webber,
&
&
Bosworth, Chanute,
Loughridge & Co
:
West & Winslow,
1,422,000
Bonds—
104,000;
Perrin,
1,422,000
White, Weld & CO:
1,422,000
Spencer Trask & Co.—
775,000
Tucker, Anthohy & Co.*
To Pay
258,000
Redpath •*_207.000
The Illinois Co. of Chi.
155,000
1,422,000
Co.:'—*:.
H.
516,000
Auchincloss, Parker &
Jackson
Curtis
Shields
G.
516,000
"258,000
Inc.
Ure,
—■
*
Pett & Morris
*■
104,000'
104,000"
■
Trust Co. of New York as corporate trustee, 140
York, N. Y.", is prepared to pay principal and full'
interest
to maturity on the above utility company's first mortgage/
5'% bonds and its first lien and general 4%s maturing on Feb. 1, 1944.
The
Guaranty
Broadway,
—V.
158,
New
p.
2368.
Volume
-
158
United
Number 4239
States
Steel
THE COMMERCIAL & FINANCIAL
Corp.—Subsidiary
Plant
Starts
produced
at
The
to- officials
Dec.
on
14
Geneva, Utah,
of
the
for
first
This is the
Co.',
Steel
time
subsidiary, coke was
the by-products coke ovens
In
a
payable
cents
,
steel
plabt
fee,
'
'
1
was
developed and is
products coke plant.
Method
The
prbximtely 1,200,000 tons of
•concludes.—V. 158, p. 2368.
steel
annually,
the
characters
such
Corp. of
value
par
common
Like amounts
The.
America—25-Cent
of
stock, payable Dec.
disbursed'
were
only payment in 1942
H19.
dividend
a
was
7:
of
the
on
holders of record Dec.
to
one
/•
,
,V;
or
the
but
15
of
the
to
company
The
not exceeding
issue
V.
amount
conditional-sale
certain
on
158, p. 2297.
•
and
lease
or
Operating
revenues
Operating
expenses
Federal
•Other
$1,095,928
a_X
488,034
1,374,162
1,197,309
1,129,616
90,939
90,638
1,095,677
1,088,559
Property retirement res.
appropriation 7:—
;
Net
oper.
Other
..Gross
.
Interest
.Other
Int.
f
revenues—_
income,
$4,031,199
51,089
on
bonds
64,167
deducts.
8,916
mtge.
and
to
4,546 •
constr._
$2,358,281
;
The
directors
the
ord
common
Dec.
23.
on
Dec.
stock,
14 declared
dividend
a
of
no par value,-payable Dec.
Similar payments
were
made
on
cents
50
7
*
Western
The
to
Iowa,
to
stock
buv
at
less
not
$17.50
operation
was
Warner-Kenny
shareholders
common
of
a
shares 7 No
either company
,
'i
The
shares
change
its
or
of
in
Co.
of
is
Western
Grocer
houses.
Co.
The
or; policy
Western
Grocer
-
Co;
-
concerns,
together,
would
supply
throughout,the country.';
has
102.5 U.-shards
stock, and 8,649 shares: of $100
outstanding.—V. 158, 'p. 1286.
-
""'VVy,-;*;;.
\
•■/'
of
it
will
instead
also
be
be
proper
word
as
be
may
and
name,
will
as
as
without
insered
In
of
spaced each initial
do not apply to
will
between
at
the
not
will
be
be
a
and
rate
of
as
and
.v.'--
was
Kyle
succeeds
7,77
had
Co.
been
for
Mr.
four
all
,
Mr.
Previously
operations of
•
cause
ap¬
for
for October
the
of
October
the
net
a
7
Western Union
heavy
income
loss
for
at
amounted
these figures
the
Postal
is
>
p.
ever,,
it
will
be
some; time
before
monthly
in
the
cost
share
per
payable
the union conference
cost-of-living
of living.
has
Dec.
22
been
to
Jan.
on
July 6, 1942.—V. 158,
Canaday,
will
bonus
voted
based
upon
,
declared
holders
15
and
,
the
on
of
July
common
record
15,
this
Dec,
year,
17.
and
157.9.
p.
Chairman of
the
board,
continue
as Chairthan.
Hs
President and General
as
',,''•7,
'■;■■■■
;■ 7.
77-;: : •v'.vr.'.-' V
'7,'
has
,7"
■.
been
succeeds
Manager
J
\
',
elected
Pres¬
Joseph W. Frazer,
Sept. 30.—V. 158,
on
•
•;
Wisconsin Central
Railway—Interest—
Interest due Jan.
gage
1943.
1, 1936, and July 1, 1936 on the first
general mort¬
50-year i'U gold bonds, due
1949, will be paid beginning Dec. 23,
Payment on bonds represented
by certificates of deposit wilt"
be made
so
to holders of
Interest
Mexico,
on
bonds
record
is
at
payable
the
close
at
office
of
business
of
Bank
Dec.
on
16,
1943.
Montreal,
of
158, p. 2397.
New
Wisconsin
Mutual
Insurance Co. of Madison, Wis.—
Authority Sought to Make Payment to Creditors-
Postal
Authority for payment of
the
defunct Wisconsin
5077 dividend
a
on
approved claims against
Mutual
Insurance Co. of Madison, is
requested
petition of Commisioner Morvin Duel
filed with the Dane
County
(Wis.). Circuit, Court.
Judge Herman Sachtjen will hold a
hearing
in
a
at 10 a.m. Dec,
18.
The petition states
that the
liquidator has $118,566
hand, and that claims of $116,694 have
bpe'n allowed by the court.
of $53,880 remain
outstanding and claims of $12,317 are in
litigation.—(New York ."Journal of
Commerce,")
on
Tele¬
Wisconsin Power & Light
Super-
1
Period End. Sept. 30—
Operating
Oper.
7.
to
are
and excess
had
personnel
sufficient
Net
with
the consolidated
from Oct. 8. ,Be-
been
and
savings
operating,
facilities,
be
2,295,823
1,989,807
8,519,391
113,100
207,500
557,400
688,562
411,200
165,800
1,280,800
833,165
$718,998
18,822
$650,857
$2,893,619
17,766
57,424
23,269
$737,820
of
$668,623
$2,810,609
inc.
Gross
income.,
7'
'7:
Net
Pfd.
,
How¬
319,262
317,775
$350,848
$1,661,871
$1,547,213
div.
require.,
—V.
158,
1,263,394
p.
1182.
;
278.468
278,902
1,115,263
1,115,699
$140,090
Balance
effected
'
'
income
stk.
$2,787,340
$418,558
'
the
7,504,500
$2,951,043
1,289,172
Int. and other deducts.,
reduced.
can
$3,539,122
oper. income
income (net)-,v„
Other
comparable
V
—
1943—9 Mos.—1942
$3,013,964 $13,251,211 $11,813,568
taxes
prof, taxes
of
include
somewhat
and
exps.
Co.—Earnings
1943—3 Mos.—1942
(other than Federal)
Federal income taxes,
tCharges in lieu
;
$14,755,591,
not
revenues.,,.,...
„
:
"Integration of the two
telegraph systems is proceeding
successfully,"
Williams stated, "with the
objective of making the most
and economical use of
efficient
the
combined
'
M.
and
resigned
1286.
etc.,
Mr.
stock
a
disbursed
were
and
who
letters
General
■
Telegraph
Union
for
Willys-Overland Motors, Inc.—New President—
$405,034
reports.
Gross
which
15.
United
increases
value,
par
10
Ward
.
*
ago, since they
and Postal
Western
Seek
■■■;
of
was
v..
month
year
no
amounts
ident
and
,.v
he
Y943,-Western Union earned a net income
charges,. President A. N. Williams
revenues
Dec.
the
demand
a
further
Jan.
on
Superintendent at Wash¬
as
Vice-President
October and Year to Date
Williams points out, that
Co.—Employees
word,
one
taxes, and
operating
liability
Claims
'»..
years.
of
dividend of 30 cents
Like
77-7^
Gittings
Assistant
normal
No
(R. C.) Williams & Co., Inc.—3(kCent
Distribution—
A
:y;.v;
Mitchell
Baach
1942.
17-cent-an-hour wage demand is based
upon the national wage
the UE-CIO,
adopted at a recent meeting of its
General
Board, which calls for the establishment of
Jan, 1, 1944,
new
"stabilization date",—V.
158, .p. 2298.
•
stock,
announced
.-v.;
Mfg.
of
2089.
p.
,
Assistant
as
Act
representatives
was
Board
York.—V.
Alaska, Canada,
Miquelon Island... ■
7
7.
&
addition to the 17-cent
wage demand,
a
the
when
Electric
The
as
proper
five
to
messages
comprise estimated
158,
be
counted.
counted
1943
Revenue
policy of
Executive
are
at
towns,
for
for
the
15,806,724
4,128,000
7,457,501
3,542,000
5,696,248
17-cent-an-hour wage increase has been
unanimously
of 80,000 employees of this
company,
a
union
press
v
according to the
as
heretofore.
abbreviation
space
group
and
word
one
13,582,767
633,000
937,686
taken at
For
now
counted
cities,
counted
an
letter
a
be
1943—10 Mos.—1942
2,026,836
indicated.—V,
action
for
not
or
together
counted
are
one
under
is
on
possible
non-dictionary, words in
being spaced, ab¬
will
income
on
surtax
announced
to
or
without
states,
than
writeen
Priods
the figures
7
:
words
word,
or
words
word
Utica, Syracuse and Newark, N. J.
after
par1 common
cumulative ; preferred
par
>J
of I $20
one
Earnings For
operates' 10 ''canneries '.arid ,15s! wholesale
two
will
,
For .October,
common
contemplated,
A.
at
•
management
subsidiaries
-
sent, an offer
Marshalltown.
Western Grocer
will
counted
been
a recent
meeting of the Westinghouse Con¬
Electrical, Radio and Machine Workers
America, CIO, made up of representatives from 40 local
unions of
Westinghouse employees throughout the nation.
The vote of the union
delegates was unanimous.
Visor of Tariffs, Rates and
Contracts for that
company.
Mr. Heberton,
,who had served as Executive
Representative
since
June, had been Eastern Division
Cable Manager and Assistant
to the
Eastern.Division Sales Manager. He also
had served as Superintendent
7;/,\'."7:^
proximately 40,000 retail dealers
I
Chicago^has
Grocer
v7
'
7, The
of
Western
than ,75,635
stated.
distributing
Corp.
of
dictionary
of
they contain
any
be
graph-Cable
March
Grocer Co, (Iowa) —Offer to Stockholders—
Sprague
all
words
in
Washington,
Mr,
p;
'
rate
more
ington, D. C.
rec¬
31, -June 30 and
Sept. 30, this year; # Payments in;i942 were as,-follows: March
31, 50
cents; and Jane 3Q and Sept; 30, 25 cents .each.—V. 158, p.
2198,
'
mutilated
the
by
previously
Date
of
applies only to dictionary words in the
(English, German, French, Italian,
Dutch,
Latin).. Expressions in common commercial
which are-not
dictionary words will be counted
announced.
.
share
per
two
as
and
profits tax
was
words
use
tax
The
Gittings, Western Union Superintendent
Vice-President, with headquarters
on Dec. 2.
;
7"
7;
7
The appointments of
Harry Baach as Assistant to the
Vice-President,'
with headquarters in
New
York, and of Kenneth W. Heberton as
Assistant, to the
Vice-President, reporting to Mr. Gittings, were also
;.-'-.7''"7
30 to holders of
it
group
words
not
1,054,302
184,000
405,034
income—
on
excess
voted
and
Washington, D. C.,
at
622,518
Western Electric Co., Inc.—50-Cent Distribution—
formerly counted
Appointment of Theodore B.
at
'LX rJ.'.'.-V- V
of
...-.Promotions—
84,808
622,518
was
changes
Labrador, Newfoundland
v
•on
of
may
If. initials
Crl0,232
$3,193,010
Net income
$341,891
$420,752
Dividends applicable to preferred stock———
V: 158, p. 1774,
,;7: ;,'7 .. .7.
r
at
of,
word..
pr
770,000
Cr852
were
income^.—.
on
A demand for
languages
and
for
number
$3,202,857
120,130
Cr7,808
marks
to
12,126,557 129,213,266 110,331,493
Fed.
Westinghouse
the
as formerly.
Dictionary
authorized, initials written
The
$481,657, $4,082,288
64,167
770,000
where
14,755,591
Wage Increase—
semicolon, etc.) are not
they appear in the text
per
name,
38,955
$414,974
;•
of
punctuation
in
count
not
consisting
$3,163,902
1,635
colon,
mixed
a
three
as
Year
method
had been counted as
one
word
each,
character in the
groups in which they appear.
Spanish
word
written
$480,022
example,
counted
word.
correspondence
Initials
3,090
•
int.
5,234,412
$411,884
net
income
charged
4,920,447
the
every five characters.
proper names will be counted and
charged for according to the
number of separate
words, or separate words and
separate initials
which
they contain.
Names of
countries,
1,220,648
71,313
in
All
$1,035,750 $12,618,794 $11,837,137
Cr94,257
made
before
taxes
for
has
^
and
1943—Month—1942
revs.__
income, after chgs.
income
/
which
one
which
one
breviations,
70,831
For
formerly
regardless
used
single count
charged
1943—12 Mos.—1942
96,248
taxes
as
languages
426,026
taxes
as
authorized
single
Washington Water Power Co. (& Sub.)—Earnings—
1943—Month—1942
were
oper.
Note—Federal taxes
Domestic
business
.
inc.
taxes
Net
charged for at the rate of one word for
every five characters.
Trade, names which are not dictionary words will
be counted and
charged for at the rate of five letters
;w.
.
in
Postal's
$
gross
Oper.
in
'7
which
Period End. Oct. 31—
Oct.
ference
heretofore.
was
Heretofore
and
contracts.—
•
Period Ended Oct. 31—
aS
for
symbols
$100
Portuguese,
$230,303 of promissory notes, to be delivered to the Boatmen's National
Bank, St. Louis, in evidence of, but not in payment for, the unpaid
principal
changes
as two words,.
marks .(period, comma,
when
counted
now
example,
'
authorized
Words
Made
at
Earnings for October
ordinary manner of correspondence,
counted and charged for when
they appeared as part of a
figures or' letters or mixed figures
and letters.//
were
eight
Nov.
certain
which
charged
for
Certain
,
Wabash RR.—Notes—
on
1943,
sequences
message.
group
''
ICC
Chargeable
!
1,
counted
charged
April 10, July 15 and Oct. 15, last.
of 25 bents on May, 4.--V, 158, p.
on
?/,.
L
31
share
per
be
counted
The
by
Punctuation
counted
Distribution—
cents
25
23.
Co.—Changes
.
AB123CD
as
now
<■
no
Counting
Dec.
deficit
conducted,"
and
stock, both
Distributions of 75
July 1 and Oct. 1,
.
„
:24.
Telegraph
■
directors have declared
Dec.
share
per
,
•
Vanadium
cents
the
common
counting chargeable words in the text of
messages between points
the United States,
exclusive of a few
points in the state of
where the telegraph offices are
operated by the Canadian
National Teelgraphs:
•
•'
■
7
7'Groups consisting of combinations of
letters, figures and other
characters are now counted
together at the rate of five
characters
per
word, instead of counting mixed
groups of letters, figures and
announcement
,
The
record
75
the
Minnesota
full operation it will produce ap~
ingcts
of
of
on
within
will
the Geneva plant swings into
share
of
;
step in operations expected to be taken during the
be the production of pig iron in the first or three
blast furnaces.
Following this, the first three of nine open hearth furmaces will go into service for the
production of steel ingots,
Finally,
.upon completion of shipment and erection of the
required facilities, the
.rolling mills will begin to turn out war critical ship plates.
When
of
Effective
,
next major
current, month
dividend
a
per
holders
Union
Messages—'
shipping coal to Geneva's by-
now
$1.50
offset
Fed.
supply coal for coking purposes, which in turn will supply coke
uAd other fuels for the Geneva Steel Plant, the Geneva mine in south¬
Utah
declared
of
to
were
Western
'
To
eastern
each
28
last.
Provo,
near
have
dividend
Dec.
to
made on this issue on
April 1,
Payments in 1942 were as follows:
April 1 and July 1, $1 each;
Oct. I,
75 cents; tfhd Dec. 28, a
regular of 75 cents and an extra
of $1.—V.
158, p. 2298.
initial phase of operations
at the $180,designed to supply ship plates for the
West Coast shipbuilding
program, the announcement says.
In August
of this year, Geneva Steel Co. contracted with
/Defense Plant Corpora¬
tion to operate this great war plant for the duration without
profit or
000,000
directors
extra
an
Geneva
2519
Wheeling & Lake Erie Ry.—Extra Distribution-
Coke Production—
According
CHRONICLE
$71,946
7 $546,607
$431,514
.
BOND PROPOSALS AND
NEGOTIATIONS
ARKANSAS
Craighead
County,
Bay
Consolidated Sch. Dist.
•
Bond
'
'
Ark.
Call—C.
~
Special
No.
21;
.
,:
J.
Perry, Presi¬
dent of the school district, is call¬
ing
for
payment vat
par
and
accrued interest on Jan. 16, all
•outstanding bonds issued by said
district under date of Jan.
due
must
16,1937,;
Jan. 16, 1957. .The bonds
be-presented for/ payment
on
with
all unmatured
pons
attached, to the Union Na¬
tional Bank
interest
cou¬
of Kansas
"on and after Jan.
City, Mo.,
16, after which
date the bonds will
cease
to
bear
1949, $35,000 in 1950, $36,000 in
1951, $37,000 in 1952, $38,000 in
1953, $39,000 in 1954, $40,000 in
1955, $42,000 in 1956, $43,000 in
1957,' $44,000 in 1958, $45,000 in
1959, $46,000 in 1960, $48,000 in
1961, $50,000 in ■ 1962, $51,000 in
1963, $52,000 in 1964, $53,000 in
1965, $55,000 in 1966, $56,000 in
1967, $58,000 in 1968, $60,000 in
1969, $62,000 in 1970, $63,000 in
1971, $65,000 in 1972, $66,000 in
1973, $67,000 in 1974, $70,000 in
1975, $72,000 in 1976, $74,000 in
1977, $76,000 in 1978, $78,000 in
1979, $80,000 in 1980, $81,000 in
1981, $82,000 in 1982, and $51,000
in 1983. ; Principal and interest
vide
revenues
principal
bonds
tion,
and
when
sufficient
interest
due, and all
maintenance
tion
and
to
on
pay
Logan
these
deprecia¬
ident,
charges of the system. Legal¬
ity approved by Chapman & Cut¬
ler of
Chicago and Rose, Lough¬
borough, Dobyns & House of Lit¬
Bond Election—The
City Coun¬
is said to have
authorized a
special election for Jan.
15, to
submit to the voters
$200,000 3%
bonds for construction of an
ad¬
ministration building,
hangar, and
other requisites foF the
municipal
airport.
The bonds will be
pay¬
interest, provided funds for their
(J-D) payable in New York. These able annually from 1947 to 1963.
payment are on deposit with the
The first
payment will be $9,000
bonds, issued under Act 131 of the
paying agent at that time.
General Assembly of the State of and the final $13,000.
Hot Springs, Ark.
1933, as. amended, constitute, in
Kensett Special School
Bonds Purchased—A syndicate the
District,
opinion of counsel, valid and
Ark.
,composed of Halsey, Stuart & Co., binding obligations of: the city,
Blair & Co., Inc., Stifel, Nicolaus payable both as to
Bond Call—A. P.
principal and
Mills, Presi¬
*& Co., of St. Louis, Eldreidge & interest
solely from~the gross rev¬ dent,
is
notifying
bondholders
■Co., of New York, Walter, Woody enues of the water works system
that the district is
calling for pay¬
jk Heimerdinger, of Cincinnati, to the extent necessary, and are
ment on Jan.
Lewis W. Cherry Co., and E. L. secured
1, 1944, refunding
by a statutory mortgage
VUlareal, & Co., both of Little lien on the water works plant and bonds dated Dec. 1, 1936, matur¬
"Pock,
recently
purchased
$2r~ system. -In the opinion of counsel, ing Jan. 1,
1965, Nos.. 9RB to
'075,000 3% water revenue bonds. the .city has power and is obli¬
12RB, aggregating $2,000, at par
Dated Dec. 1, 1943. Denom. $1,000. gated
to
fix
rates
and
collect
and accrued interest to date
Due Dec. 1, as follows: $30,000 in
called,
charges for the services and facil¬
at the office of the Commercial
'3945, $31,000*• in 1946, $32,000 in ities furnished by the
municipal
1947, $33,000 in 1948, $34,000 in water works system so as to
pro¬ National Bank of Little Rock.
1
'
is
Special
63RB.
April
1,
1936,
for
mercial
payment at
interest on Jan.
of
The bonds
ented
calling for
outstanding bonds
dated
Rock,
are
payment
National
with
all
to
be pres¬
the
Com¬
of
to
Little
Bank
unmatured
pons
attached, and will
interest
its
issue
bear
Nos.
1RB,
cou¬
cease
to
called.
on
and
after
date
6RB,
16RB,
30RB,
43RB,
48RB,
54RB,
61RB,
66RB,
86RB,
94RB,
99RB,
105RB,
all
7RB, 11RB, 12RB, 13RB,
17RB, 23RB, 24RB, 27RB, Marianna Spec. Sch. District, Ark.
Bond Call—Wt G.
33RB, 35RB, 37RB, 40RB,
Hoyle, Presi¬
44RB, 45RB, 46RB, 47RB, dent, is notifying bondholders that
49RB, 50RB, 51RB, 52RB, the district is calling for payment
56RB, 58RB, 59RB, 60RB, on Jan. 1, at par and accrued in¬
62RB, 63RB, 64RB, 65RB, terest to Jan. 1, 1944, bonds Nos.
67RB, 72RB, 74RB, 80RB, 6RB to 13RB, aggregating $8,000,
88RB, 90RB, 92RB, 93RB, dated Dec. 1, 1940, maturing Jan.
95RB, 96RB, 97RB, 98RB, 1, 1969.
Bonds are to be pre¬
sented for payment at the Com¬
100RB,
102RB,
104RB,
116RB, 125RB and 126RB, mercial National Bank of Little
maturing April 1, 1961. Said Rock. .v L.':v '' z v' ,'/•
bonds
"
Boonville
and accrued
par
tle Rock.
cil
County,
School District No.
65, Ark.
Bond Call—A. R.
Hedrick, Pres¬
opera¬
are
payment
to
with
subsequent
be
presented
for
Morrilton
Special
April 1,
coupons
1944, and
attached, on
and after Jan. 1 at
the Commer¬
cial National Bank of
Little Rock,
and shall cease to
bear interest
on
and after date called.
No. 87, Ark.
Bond Call—C. O.
Parker, Presi¬
is calling for payment on
Jan. 1, at par and accrued
inter¬
est, all outstanding bonds of the
dent,
issue dated Dec.
1, 1934, due Jan.
1, 1965, being bonds Nos. 1RB to
District,
Bond
Call
George Redman,
President, is calling for payment
—
at par and accrued interest to Jan.
1
bonds
176RB
Logan County, Ratciift School Dist.
School
Ark.
.
dated
1961, and
due
Oct. 1, 1940, Nos.
177RB, due Jan. 1,
Nos. 178RB to 182RB,
and
Jan.
$7,000.
1,
1944,
bonds
on
provided
payment
paying
1962,
Said bonds
bear interest
are
on
agent
must
at
be
aggregating
will
cease
and after Jan.
funds
for
to
1,
their
deposit with the
that
time.
presented
to
The
the
i-1 -■
*
-.
78,000 Special Road and Bridge
Commercial National Bank of Lit¬
tle Rock for payment.
4.
.
1 bonds. Due on
District No.
;
,
_
*. Jan, 1, 1951.
' '
187,000 Special Road and Bridge
.
Union County,
Junction City School
'
District No.
District No. 2 bonds. Due on
76, Ark.
•
Call
Bond
Williams,
J.
H.
—
1
Jan.
in
$50,000
follows:
as
1954, and $37,000 in
President, is notifying bondhold¬
ers that the District is calling for
■/' 1952
payment at par and accrued inter¬
est to Jan. 1, refunding bonds Nos.
13RB to 73RB, aggregating $30,500.
The bonds were issued as of
89,000 Special Road and Bridge
District No. 3 bonds. Due on
'•
tured
ment.
bear
Due on
$24,000 in
District No. 6 bonds.
1
Jan.
follows:
as
1958, and $60,000 in 1959,
174,000 Special Road and Bridge
District No. 7 bonds. Due on
1
Jan.
in
$60,000
follows:
as
1961, and $54,000 in
1960 and
/. :
in
follows: $13,000
as
$50,000 in 1956, and
$26,000 in 1957."
84,000 Special Road and Bridge
Commercial Na¬
Bank of Little Rock, on and
Jan. 1, 1944, with unma¬
coupons attached, for pay¬
Said bonds will cease to
interest on and after date
called.
1
Jan.
sent them at the
after
:
•
1955,
Holders of the
tional
to
1955.
,
1935, maturing Jan. 1, 1945.
bonds are to pre¬
Jan. 1,
•
.1962.
Bridge
160,000 Special Road and
CALIFORNIA
District No. 16 bonds. Due on
California (State
i
of)
2, 4%
Jan.
calls for payment
India Basin bonds
1.964./x'-'V/...'
Hillsborough County (P. O.
Tampa), Fla.
called.
Bond Sale
A syndicate com¬
—
posed of Barcus, Kindred & Co.,
of Chicago, the Commerce Union
Bank of Nashville, Churchill, Sims
CONNECTICUT
Portland, Conn.
Co., of New York, D. E. Arries
&
Sold—An issue of $195,-
Co., of Tampa, McDougal &
bonds were sold
on Dec.
10 to Cooley & Co., of Condon, of Chicago, and Walter,
'Hartford, as 1,40s, at a price of Woody & Heimerdinger, of Cin¬
100.81, a basis of about 1.31%. cinnati, was the successful bidder
for
the following
$75,000 semi¬
Dated Dec. 15, 1943. Due Dec. 15,
annual SBA refunding series 1944,
as follows: $10,000 in 1944 to 1962,
and $5,000 in 1963.
Principal and bonds, offered for sale on Dec. 7,
as 2V2S, paying a price of 100.17, a
interest (J-D) payable in Port¬
&
000 water system
Legality approved by
land.
basis of about 2.48%:
Reed,
iJoyt & Washburn, of New York.
$45,000
k
and
Sale
Note
The
—
30,000
tax
$700,000
Dated Jan.. 1,
1956.'
1,
Legality
Indian
River
Wabasso
Bridge District (P. O. Vero
the
•;,.Bpp4
Beach), Fla. y'y;
Sale—The $60,000
annual
SBA
/'
■
highest bidder at 0.463%.
second
by
approved
County,
•
j■
and the Florida National
Bank, both of Jacksonville, joint¬
ly; as 2s, paying a price of 100.01,
a
nation
1944,
Alachua County Special Road and
bonds
.
$1,000. Dated Jan: 1, 1944.
Due Jan, 1 as follows:
$100,000 in
$150,000 in 1948 apd
1945 to 1947,
East St. Louis will receive par. for
den), III./
v r the: bonds.: - They, bear interest of
Bonds Approved •>— A recent
2:75.% '/!t; Ar;similar' issue is; selling
election resulted in favor of issu¬ at/a premium of $12 per $100. By
ing $10,000 road bonds, it is re¬ comparison of the price asked for
bonds now on sale- and bonds for
ported.-'
■A'Aw-V /..
■'
1.995%. Denomi¬
basis of about
<•;
,
..
Chicago, III.-
^
.
the
;
—
—
-
.
■
Authorized—It
Bond Refunding
of
reported that the City Council
has authorized the issuance of $5,is
1955/50,
$20,000
4s
of
$28,000 4s of 1955, and
$90,000 41/2s of 1955/54.
■'/%,
$1,000,000 Series C,
$3,232,000 Series D bonds.
Garden, Fla.
—
will
Clerk,
City
bids until 7:30 p.m. on Dec.
the purchase of
refunding,
offered
$645,000 Sanitary District
purchased by the First Na¬
The
bonds
(
E. M. Tanner,
receive
of
1955/54,
$500,000 Series A; $500,-
Winter
optional
4V2S of 1955,
$10,000
4s
Series B;
and
consisted
account
1948, $5,000 4s of 1955/48, $3,000
232,000 refunding bonds, listed as
follows:
Bank
National
tional group embraced $356,000 4s
of 1955, callable in 1952, $203,000
of
4s
20, for
1955/54,
$118,000 3 ¥2 % re¬
4s
4V4s
$81,000
1.955/53,
sealed
$5,000
and
of
of
1955/47. All the Chicago Park and
securities were
First National ac¬
prices to yield from 1%
funding bonds. Dated July 1, 1943.
JDenomination $1,000. Due July 1,
as follows:
$4,000 in 1951, $9,000
in 1956 to 1958,* $10,000 in 1959,
$1,000 ill,1962 and 1963,, $15,000 in
1967, and $20,000 ih'1968 to 1970.
numbered 186 to 220, in¬
National
clusive (being the
of Chicago
158, p. 1983—were
awarded to the Clyde C. Pierce
Corp. of Jacksonville, as 2.20s,
paying a price of 100.03, a basis of
about 2.19%. Denomination $1,000.
Due on Feb. 1, 1954.
Special Road and
Bridge District No. 5 (P. O..
Arcadia), Fla.
Sale—A
Bond
syndicate. com¬
posed of John Nuveen & Co. of
Chicago, B. J. Van Ingen & Co.
of New York, Trust Co. of Geor¬
gia, of Atlanta; Leedy, Wheeler &
Co., of Orlando, Robinson-Hum¬
phrey Co., of Atlanta, and the
Ranson-Davidson Co., of Orlando,
was
the
Martin
County (P. O. Stuart), Fla.
Bond
Sale—The $166,000 semi¬
SBA
refunding,
Series
annual
1944,
Dec.
bonds
7
offered
for
sale
on
158, p. 2200.— were
awarded to a syndicate composed
bidder for the
succesful
8—v.
—
v.
of John Nuveen &
$33,000 semi-annual SBA refund¬
ing, series 1944 bonds as 2.30s,
paying a price of 100.21, a basis
of about 2.26%. Dated Jan. 1, 1944.
Denomination $1,000. Due on Jan.
Co., of Chicago,
J. Van Ingen & Co., of New
York, Trust Co. of Georgia, of At¬
lanta, Leedy, Wheeler & Co., of
Orlando, Robinson-Humphrey Co.,
1, 1950.'
of
B.
Atlanta, and the Ranson-David¬
Co., of Orlando, as 2.70s, pay¬
ing a price of 100.21, a basis of
son
Hardee County
(P. O. Wauchula),
Fla.
about
Bond Sale —The following $1,-
vided
273,000 semi-annual SBA refund¬
ing, series 1944, bonds offered for
sale on Dec. 7—v. 158, p. 2199—
•were awarded jointly to the Clyde
C.
as
21,000
Bank,
$501,000
Bonds
.
at
count
the bonds callable
for
in 1947 to
thereof
at
interest
on
any
all
or
any
special
interest
thereafter.
road
and
bridge
bonds
issued for
are
purchased by the Chase
Bank included $310,000
Bonds
the purpose
ers
refunding and retiring
a
like
bonded indebtedness of
City and j the purchaser will
be required to accept delivery and
make payment
or
on
before
in New York City,
1, 1944. The
Jan.
purchaser will be furnished With¬
out cost
the
and
as
soon
available
as
legal opinion of Chapman &
road
and
Bond
annual
1944,
which
thorized
for
issuance
and
all
of
said
bonds
the
of
amount
bonded
authorized
for
a
and
all
like
indebted¬
be
to
the
bids for
of said bonds
as
on or
the
have not been
so
prior to the time
delivery of said bonds
purchaser.
sold
be
new
will
in
millions
of
refunding issue
be Secured
on
mortgage on the real estate
properties of the Board but will
(P. O. Key West),
Sale—The
SBA
bonds
$700,000 semi¬
refunding,
offered
for
series
sale
011
Voted
the
the
The award of
Louis, III.
issuance
absolute
and
right is reserved by said
Commission to reject any or all
of such
bids.
Enclose
a
certified
to
$15,000 highway
«
Joliet Park District
,
(P. O. Joliet)»
IlL
/X
Fiscal Standing Found Steady—
The
district operated
above
sound
on
a
during the
whidli ended June 30,
recently
a
basis
financial
veals.
completed
audit
re¬
year
-did
of which
the
Expenses for the
not exceed
receipts/.
One of the items
commissioners
are
owed
bond
proud of is that
payment of the $48,000 which was
fund
the
to
from
the
and
interest
general fund, was
completed during the past year. A
of $9,500 was made to
payment
the
bond
close the
bond
interest
and
and
There
fund
to
account, leaving both the
interest
general fund in
are
fund
and
the
sound condition.
a
tax warrants out¬
no
standing, Mayor Arthur O. Janke/
president of the district, said.
As
of
trict's
June
the
30,
bonded
park
indebtedness
dis¬
stood
at
$453,000, with the board reduc¬
ing this figure by $58,000 an¬
nually.
% /;
Lawrence
County (P. O. Lawrence*
>
ville), III.
Plans Bond Issuer—A resolution
was
the
passed at a recent meeting of
County Board calling for an
issue of $36,500
judgment funding
bonds, it is said.
.
Meriden
:%///
.
Township (P. O. Meri-
den), III.
..
Bonds Voted—An issue of
on
road
is
bonds
Nov. 23.
;
said
to
$60,have
the election held
,.
INDIANA
$400,000 issue of Special
Fund bonds to the
Chicago
a
Cash Working
Indianapolis, Ind.
Midland Securities Co/of
2%s, at par. Denomination $1,000. Due in 1944 to 1958, inclusive,
Council Approves
as
Payable
at;
the
Harris
Trust
&
Savings Bank of Chicago.
"News-Democrat"
Commented on the action
The Belleville
of Dec. 3
as
follows:
East
The
|
St. Louis City
Coun-.
cil has
ordinance, providing for the issu¬
its
said
Council is said to have agreed to
sell
that the
in
of
been approved at
Contract —The City
Sale
recent
a
are
bonds.
000
Bond
At
—
voters
have approved by a wide margin
payable from ad valorem taxes.
agreed to sell $400,000 re¬
funding bonds to the Midland Se¬
curities Company of Chicago if an
Commission
Jan. 1, 1954.
Bonds
election
a
East St.
(P. O.
Marion), III.
not
sale,
refunded,
purchase of
said bonds must be upon the basis
of purchasing all or such portion
ness
valued
The
dollars.
to
provided, that the City Clerk has
been authorized to exchange any
or
are
uncontrolled discretion, provided,
Due
voted/according to report.
Herr in Road District No. 8-2
properties in downtown
on
//
:
election
an
recently, an issue of $10,000
improvement ; bonds
was
roacl
first mort¬
Chicago; also the municipal air¬
port, all owned by the Board,
be
to
district No. 18 bonds,
gage
tent.1 These bonds have been
au¬
was
and is secured by a
by
Denomination $1,000. Dated Jan.
special
inally
Cutler, of Chicago, and bids may
be conditioned only to that ex¬
der making the most advantageous
bid
as
determined by the City
district No. 16 bonds.
82,000
issue.
the
the bonds will be made to the bid¬
and
provision in the
The outstanding issue orig¬
amount of
of
bridge
road
itself of the call
sold in 1934 to the
RFC to provide cash for the pay¬
ment of salaries cf school teach¬
exchanged
Fla.
J
payable at the Marine Midland
Trust Co., New York City.
The
of sale and
special
Monroe County
part
plus accrued
1964, or on
payment date
follows:
par
Jan. 1,
di¬
Voted—At
fiscal year
1955.
for the bonds due
Park District 4s, At^s,
and 41/2S of 1955, callable 1947-49,
bridge
51,000
County bonds.
Due on
1, 1944.
January 1, 1974, with the right;
redeem
are
district No. 12 bonds.
Corp., and the Florida
both of Jackson¬
ville, as 2.70s, paying a price of
100.012, a basis of about 2.69%:
I
to
The* bonds
$12,000 County bonds.
Pierce
National
2.67%.
held
reoffered by the
1.65%
Bonds
Sanitary District
j
Dec.
'}'"//■
obtained by the First
trict bonds
Sarasota, Fla.
.
De Soto County
.
'
—
on
es¬
timate the
Local Unit Issues Sold in
of John Nuveen &
Gainesville), Fla.
bond dealers
issue,
new
Midland firm will .real/
Liqui¬
ize a profit of $44,000.
A normal
dation
A total of $1,311,000 of
Pinellas
County,
St.
Petersburg
bonds of Chicago .governmental profit in such a transaction would
Special Road and Bridge District
be $8,000, dealers said, v
/
\ /
units came into the market on
No. 13 (P. O. Clearwater), Fla.
"The action was taken under a
Dec. 8 in a liquidation operation
Bond Sale
The $50,000 SBA
new state law which permits cities
ref. Series 1944, bonds offered for by the Woodmen of the World Life
to sell bonds without a vote of the
Insurance Society.
The bulk of
sale on Dec. 7—v. 158, p. 2200—
people and without calling for
the securities were purchased by
were
awarded to the Union Se¬
bids.
/
//'/,:/' /■";•:;■/. A'" • '"/
an account composed of the First
curities Investment Co., of Tampa,
Mayor- John T. Conners ex¬
National Bank of Chicago, Braun,
as 2s,
at par, Dated Jan. 1, 1944.
Bosworth
&
Co.,
and
Martin, plained the city for the last 20
Due on Jan. 1, 1950. Interest J-J.
Burns & Corbett, Inc.^
The ac¬ years had issued tax anticipation
St. Lucie County Special Road and count obtained $801,000, consist¬ warrants annually in the amount
of $400,000 at an interest rate of
Bridge District No. 2 (P. O.
ing of $156,000 of the Chicago
4%.
The bond issue for the same
Fort Pierce), Fla.
Park District and $645,000 of the
amount of money/he said,, would
Bend Sale—The $30,000 SBA re¬ Sanitary District of Chicago.
save the oity about $5,000 annual¬
funding, Series 1944, bonds oft
The
Chase National Bank ol
fered
for sale
on
Dec, 7, were New York purchased $455,000 of ly, because of the lower interest
rate on the bonds:.
:
awarded to a syndicate composed the obligations. Harriman, Ripley
The mayor said, however, that
of John Nuveen & Co., of Chicago, & Co., Inc., obtained a block of
he " knew
very
little about the
B. J. Van Ingen & Co., of New
$25,000 City of Chicago 4y2S of
York, Trust Co. of Georgia, of 1954, and a group consisting of the sale of the bonds and referred in¬
Atlanta, fieedy, Wheeler & Co., of Northern
Trust
Company,
the quiries to Finance Commissioner
Orlando, Robinson-Humphrey Co., Harris Trust and Savings Bank, Joseph W. Ganschinietz. • Pressed
for an explanation of the sale of
of Atlanta, and the Ranson-David¬ and Stranahan, Harris & Co., Inc.,
the bonds to Midland, Ganschi¬
son Co., of Orlando, as 2.10s, pay¬
purchased $30,000 Chicago Park
ing a price of 100.37, a basis of District 4s and(;3^s of 1955, op¬ nietz said he knew nothing about
it either.
about; 2.02%.
Dated Jan. 1, 1944, tional 1946/ m r : ,/tr
■'//■"/./} /
/•%>
/ '
Due Jan. 1, 1949. Interest payable
1946..
/."/"' ..v%//;XX/;
Enfield Township (P. O. Enfield),
J&J.
,•
•
The 156,000 Chicago Park Dis¬
■//;>
ill.
1949, and $100,000 in 1950.
bonds maturing
in the years 1967 and 1968), Will
Co., of Chicago, be
optional for redemption as a and $145,000 Sanitary District of
B. J. Van Ingen & Co., of New
Bond Sale
A syndicate com¬
whole, or from time to time in Chicago 4s of 1955, of which $50,York, Trust Co. of Georgia, of At¬
posed of John Nuveen & Co., ofpart, prior to maturity on any in¬ 000 are callable in 1947 and $95,lanta, Leedy, Wheeler & Co., of terest
payment date on or after 000 of which are optional 1951.
Chicago, B. J. Van Ingen & Co., of
Orlando, Robinson-Humphrey Co.,
New York, Trust Co., of Georgia,
July 1, 1949, upon terms of par
Refunding
Planned—A major
of Atlanta, and the Ranson-David¬
and accrued interest; and bonds
of Atlanta, Leedy, Wheeler & Co.,
financing operation will be under¬
son Co., of Orlando, as 2.70s, pay¬
numbered
221
to 260,
of Orlando, Robinson-Humphrey
inclusive taken by the Board of Education
ing a price of 100.283, a basis of
Co., of Atlanta, and the Ranson(being the bonds maturing in the next year, we understand. It will
about 2.675%.
Dated Jan. 1, 1944.
Davidson Co., of Orlando, was the '
years 1969 and 1970), will be op¬ relate to the refunding of a major
Interest payable J-J. Due on Jan.
successful bidder for the $100,000
tional for redemption as a whole, portion of the Board's outstand¬
1, 1959.
or from time to time in part, prior
semi-annual SBA "refunding, Seing issue of $22,300,000 of 41/2%
j
ries 1944 bonds as 2.20s, paying a !
to maturity on any interest pay¬ revolving fund bonds, which ma¬
Lakeland, Fla.
Bond Sale—The $100,000 semi- ment date on or after July 1, 1954, ture Aug. 1, 1954, but which be¬
price of 100.49, a basis of about
2.14%, Denomination $1,000. Dated anual refunding light and water, upon terms of par and accrued in¬ come callable on Aug. 1, 1944. The'
Jan, 1, 1944.
Due on Jan. 1, 1953. Series 1944, bonds offered for sale terest. Principal and interest (J-J) Board has stated that it will avail
Bridge District No. 1 (P. O.
jr
arid
bids,
advertisement. for
an
Corp.,
arranged; without
-The sale was
:
Township (P. O.. Cam*
Camden
.
semi¬
Series
for sale on
Dec. 7— v. 158, p. 2199 -— were
awarded to a syndicate composed
FLORIDA
ILLINOIS
158, p. 2200 — were
Clyde C. Pierce
the
to
Bond Offering
1944. Due on Jan.
Giles J. Patterson of Jacksonville..
a' $5.00 premium. Dated Dec. 28,
1943. Due,.June 5, 1944. The First
National Bank of Boston was
Plant City special road
bridge district bonds.
special road and bridge
district No. 2 bonds.
anticipation notes offered for sale
Dec. 16—v. 158, p. 2405—were
awarded to the First Boston Corp.,
New York City, at 0.459%, plus
on
v..
.—
awarded
000
Waterbury, Conn.
7
Dec.
.
Interest
$1,000.
J-J. Dated Jan. 1, 1944.
Denomination
aggregating $14,000, dated Jan. 2,
1911, in denominations of $1,000.
Nos. 6, 46, 57, 94, 250, 385,; 583,
663, 676, 738, 759, 818 are those
Bonds
in
$20,000
follows:
as
1962, and $72,000 in 1963 and
State Treasurer,
on
1
Jan.
G. Johnson,
Bond Call—Charles
•
iMohday, December 20,1943
CHRONICLE
THE COMMERCIAL & FINANCIAL
5520
ance,
is approved by the commis¬
sioners.
The ordinance is now on
and final passage is
check for 5% of the face value of
third reading
the bonds.
scheduled for next week.
Bgrrett Bond
Payment—City Council passed an
ordinance on Dec. 6 providing for
the issuance of $565,000 bonds to
satisfy claims on the long stand¬
ing
deficiency in. Barrett Law
bonds.
The Indianapolis "News"
of Dec. 7
reported in part as fol¬
lows:
/./.
■
Larry Parsons, deputy city con¬
troller,: told
the
council
that
a
third bond issue may be necessary,
other
bonds
straggle in.
The
issue, $185,000, was
voted in 1939, shortly after the
Indiana legislature passed a law
as
first such hond
yolume 158
legalizing
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4239
in this
deficiency.
This deficiency has piled up in
various ways, principally through
the payment of assessments on im¬
the
payment
of the fund
manner
provements for
which the
bonds
in progress and sufficient
are now
refundings
since
have
been
the
drafting of his article
to bring the annual interest sav¬
ings of the counties to "approx¬
imately $100,000 annually," Mr.
ten-year
expiration date of the Barrett law
Morrow said.
bonds.
stances
issued
were
As
beforey the
result
a
the
of
early
payment, the city did not collect
interest for the full ten years, al¬
though it is liable for the full in¬
terest to the bond holders.
;'v
>
Miincie, Ind.
Bond Sale—The
$14,000 refund¬
ing of 1943, Series C, bonds of¬
fered for sale on Dee. 10, were
-
awarded to the Merchants Nation¬
al
Bank, of Muncie, as 11/4S, pay¬
ing a price of 101.25, a basis of
about 1.10%.
The next highest
bidder
for 1
was
John
14s, naming
Denomination
15,. 1943.
Nuveen
Due
Dated
Co.,
price of 100.58.
Dated Dec.
a
$500.
Dec.
15, 1952.
& D.
Due
payable J-D.
The bonds
issued
for
the
purpose
on
refunding
bonds
of
Dec.
on
certain
the
15,
cited
in¬
assistance
State
city
1^943,
in
1947, $3,000 in 1948,
$3,500 in 1949, $3,000 in 1950 and
1951, $3,500 in 1952, $5,000 in 1953,
and $4,000 in 1954.
Subject to re¬
demption
in inverse numerical
$2,500
order at any interest due date on
or
after
Jan.
10, 1949, at 103.
outstanding
which
mature
and will be the
direct obligations of the City pay¬
able put of unlimited ad^valorem
amount
the
of
As
Bedford.
examples, Mr. Morrow stated that
"one county discharged indebted¬
ness of over $200,000
through the
issuance of $92,000 of 3% bonds;
pursuant
second
a
indebtedness.
county,
indebtedness
an
of
The
bonds
are
will
the
approving opinion of
Stites, of Louisville. No
Stites &
approximately $70,000 through
issuance of over $110,000 of
4%, and a third county an in¬
debtedness
of
over.
$200,000
subject
to
through
interest
on
the issuance
bonds."
"
of 4%
of
$155,000
;
•
Mr.
Morrow found in studying
original debt situation that
"maturity schedules, interest pay¬
the
principal
said
bonds
subjected to Federal
ad valorem
of
and
not
or
being
Kentucky
income taxation
or
on
the
the
purchaser and will be awarded to
the highest and best bidder. En¬
date
close
tion of large
sinking fund
The
Louisiana
university analyst said "the
preponderance of serial anil call¬
Tax
Gain
During
collected
.
property in
their
period
are
been
relieved entirely of this perplex¬
Burnside Consolidated School Dis-
$3,160,159
up
fiscal
current
as
com¬
The
trict"(P. O. Burnside), Iowa
>Plans
Bond
Issue—On Dec.
20
Directors
J
(today )
,
the -Board
•
of
will meet to institute
proceedings
$20,000 refunding bonds. -
to issue
-
article stated that prior to
enactment of the
.
in
1938 "26
County Debt Act
counties
in
were
fault and that many others
threatened with default
had
de¬
were
.
.
thing
no¬
.
been
/done to assist
administering debts
Bond Sale—The $60,000 airport;
which had been
accumulating for
bonds offered for sale on Dec. 14
years," adding:
—v.
158, p. 2302—were awarded
"The immediate objective of the
"jointly to Paine, Webber, Jackson
County Debt Act—that of reliev¬
Cherokee, Iowa
:
counties
^
& Curtis of
Chicago and the Carle,D. Beh Co. qf Des Moines, as
lV2s, paying a price of 101.44, a
ton
basis of about 1.41%.
1, 1944.
terest payable M-N.
15,
Dated Feb.
Denomination $1,000.
Due
on
In¬
Nov.
as follows:
$2,000 in 1945 and
$3,000 in 19.47, $2,000 in
1948. $3,000 in 1949 to
1955, $4,000
in 1956, $3,000 in
1957, $4,000 in
1958, $3,000 in 1959. $4,000 in 1960,
$3,000 in 1961, $4,000 in 1962 and
1963 and $1,000 in 1964.
1046,
ing
in
the
which
pressing
existed
enactment
plished
in
County (P. O. Clinton),
:
Ky.
that
the county 4!/4% road and
bridge refunding bonds, Nos. 1 to
8, are called for payment on Jan.
15, 1944, at the Chemical Bank &
est
Co.; New York City. Inter¬
on Jan.
15, 1944.
ceases
Johnson
County (P. O. Paintsville),
Ky.
Bond
Offering
is
time
nearly
relation
of
W. J. Ward,
County Judge, will receive sealed
—
its
accom¬
road
to
In
attempting
of
success
der
and
State
to
evaluate
the
supervision
un¬
the
County Debt Act, the
university's bureau procured the
opinions of executives of leading
institutions
experi¬
handling Kentucky bonds
relative to
the influence of
efforts
■■■
V Bond
Call—Harry R. Lynn, State
Local
Finance
Officer, reports
Trust
the
situation
difficulties."
enced in
Hickman
at
—
investment
KENTUCKY
debt
bridge bonds, and rapid progress
is being made toward
relieving
general funding bond and floating
debt
the
on
general
State
credit
of
Kentucky municipalities.
Mr. Morrow's article stated that
it was found "the consensus of
investment bankers is that efforts
the County Debt Commission
of
and the local finance officer
gen¬
erally has improved the market¬
ability of Kentucky county bonds.
"The
investing public generally
has tended to associate with State
supervision the following actions
which it considers beneficial:
J-J.
to
a.
Due Jan. 1,
amount
Counties'
Counties
debt
situation;
(e)
the
The article concluded "that the
broader objectives of the
in
Debts
the
Refinanced
State
have
—
re¬
financed "over $7,000,000 indebted¬
ness
under the provisions of the
1938
County Debt Act at an an¬
saving to the coun¬
ties in excess of $70,000," accord¬
ing to Glenn D. Morrow, research
interest
assistant
in
Kentucky's
the
University
Bureau
of
of
currently
in Public
ministration
County
Debt
Act
are
sound, that
a
con¬
structive basis is being established
for the reorganization
of Ken¬
tucky
that
county
Indebtedness,
and
satisfactory machinery is in
efficient operation for
appropriate
State control and
supervision
the
amounts
shown:
Alcoholic
Decreases for the month of No¬
vember
compared tp the
as
same
Ky.
ap¬
Ad¬
Bond
be
Offering—Sealed bids will
received
until
1:30
p.
m.
on
20
Review, sets forth Dec.
(today),
by
Wallace
the finding of the bureau's inves¬ Wright, County Court Clerk, for
tigation of "State Supervision of the purchase of
$31,5.00* 3Vi%
County Debt Administration in school buildmg
Revenue refund¬
Kentucky."
ing bonds. Denominations $1,000
Several
refunding
operations and $500. Dated Jan. 10, 1944. In¬
and
charge
50%
upon
on
sold
as
8V2S,
at
divided
par,
K.
as
Martin.
in¬
vestors. Interest payable J-D.
It
is
also
reported
by
Mr.
Holmes that the
$134,000 not to
2M>%
semi-ann,
hospital
obligation bonds
which all bids were returned
opened
celled
March
on
because
29,
the
was
issue
clared illegal.
for
un¬
can¬
de¬
was
1961, re¬
spectively, to the extent necessary
for the payment of the
principal
thereof, respectively, said certifi¬
cates to be subject to
redemption
on Feb.
1, 1947, at par, and on any
payment date thereafter.
Thirty days' notice of call for the
redemption shall be given by
mailing notice to each agency at
able
these
and
For the
Sale
Dec.
on
The
—
borj.ls
13—v.
$1,100,000
offered
158,
for
sale
2303—were
syndicate com¬
purchased
p.
by a
posed of the Northwestern Na¬
tional Bank, First National
Bank,
both
of
tional
Minneapolis,
Bank
Webber,
of
St.
Jackson
First
Paul,
&
purpose
Na¬
Paine,
Curtis
and
John Nuveen &
Co., both of Chi¬
Milwaukee Co. of Milwau¬
kee, C. F. Childs & Co., of Chi¬
cago, Allison-Williams Co., J. M
cago,
Dain
Such
urer.
certificates
may
are
subject to successive registra¬
transfers at the option
of the holder or holders.
Coupons
may be separated from the certifi¬
cates
and
surrendered
to
the
State
Treasurer
in which
for
cancellation,
the interest will be
case
Each
bidder
must
or
one-tenth of 1%. Principal and
interest payable in lawful
money
at the State Treasurer's
office,
fiscal agency of the: State
New "York or St. Paul.
The
certificates will be bearer certifi¬
cates
registerable
only,
or
as
to
principal
to both principal and
No bid for less than all
as
interest.
of said, issue
or
offering less than
and accrued interest at date of
delivery will be accepted. These
par
certificates
will
be
issued
pany
1
bered 400, 399, 398,
394, 393, 392, 391,
387, 386,( 385, 384,
380, 379.
Interest
on
and
after
accordance
Jan.-1, 1944.
with
Certificate Offering — Richard
W. Bassett, Conservator of Rural
397, 396, 395,
390, 389; 388, Credit, reports that he will re¬
383, 382, 381, ceive sealed bids at his office.
W
WWW w 2651 University Ave., St. Paul, un¬
said bonds will
on
Minnesota (State of)
on
num¬
cease
All in
Section
8
of
til 11
a.m.
Jan. 4,
on
for the pur¬
Rural Credit
chase of $9,450,000
Deficiency Fund certificates of in¬
debtedness.
Vermilion
Denomination $1,000. Due $675,000
Parish, Prairie
Gregg
Drainage District, Sub. Drainage
District No. 2 (P. O. Erath), La.
Bond
Offering
R.
—
Secretary Board
of
E.
Golden,
Commission¬
ers, will receive sealed bids un¬
til 2 p. m. on Dec.
28, for the pur¬
chase of $5,500 not to exceed 4%
public improvement bonds. Dated
Feb.
1,
lerest
1944. Denom. $500.
Inpayable F-A. Due Feb. 1,
1947 to 1952.
ion
of
B.
Orleans,
The
A.
purchaser
approving opin¬
Campbell,
will
be
without
of
New
Jurnished
cost.
A
the
certi¬
fied check for
$250; payable to the
distiict, must
accompany
the bid.
Dated
1,
1944.
Aug.
1, 1956, and Feb. and Aug.
1, 1957, to Feb. 1, 1963. The cer¬
tificates of this series
1956 to constitute
a
maturing in
first and prior
lien and
$30,000
Dec.
7
1954,
those
constitute
maturing
a
first
in
and
on
$200,000
tem¬
porary
loan
Dec.
was awarded to the First
Corp., at 0.45% discount,
10,
Boston
offered
for
amended
by Laws of
pay
maturing, valid principal and
obligations of the State,
issued
by said
Department*■ of
interest
Rural Credit.
are
to
the
to
be
The printed certi¬
furnished without
subject
All
bids
to
approval of
certificates
by
legality of the
Wood, Hoffman, King & Dawson,
of New
York, whose approving
opinion wil be furnished the pur¬
chaser
without
charge.
A certi¬
$189,000, payable to
Treasurer, must accom¬
fied check for
the State
the bid.
Pine
County Sch. Dist. No. 100
(P. O. Cloverton), Minn.
Bonds Offered—Bids were re¬
ceived
until
Dec.
17, by Charles
Clerk, for the
purchase of $6,000 2% refunding
J.
Lewis,
bonds.
1.
District
Denom.
1943.
Due
$500.
$500
Dated
from
Nov.
Nov.
1,
1957; subject to redemp¬
on any interest pay¬
ment date, after notice mailed 30
days prior thereto. Prin. and in.
1946
tion
to
at
(M-N)
par
payable at the First
tional Bank,
Na¬
Minneapolis.
MISSISSIPPI
charge upon 10% of the $1,500,000 levy to be extended upon
the
tax
those
rolls for the year
1955,
maturing in 1958 to consti¬
(State of)
Seek
Portion of
Sales Tax Revenue—A press dis¬
patch from Jackson to the New
Orleans "Times Picayune" of Dec.
and
10 reported in part as follows:
The Mississippi Municipal Offi¬
charge upon 100% of the $1,500,000 levy to be extended upon
the;
cers' Association through its exe¬
cutive committee, in session here
tute
tax
a
first
and
rolls fm
prior
year
1959
to
lien
1956.
those
constitute
a
and
prior lien and charge
100% of the $1,500,000 levy
maturing
in
1960
to
constitute
a
first
and
Wednesday,
favoring
a
went on record as
division of the state's
lucrative 2% sales tax.
The
Mississippi County Super¬
Association, through its
committee, meeting sep¬
arately, advocated county partici¬
pation in proposed Federal grants
visors'
executive
sale
on
for post-war farm-to-market road
tended upon the tax rolls for the
Pcabody, Mass.
Sale—The
Minnesota, 1941, Chap¬
as
prior lien and charge upon 100%
of the $1,500,000 levy to be ex¬
July 20, 1944.
Note
463,
Municipalities
and
first
Due
ter
pur¬
Mirinesota, 1943, Chapter 439, for
the purpose of
providing money 10
to
Sold—It is reported that
tax notes were sold on
discount.
in Laws of
authority contained
lien
1957
prior
to be extended upon the tax rolls
for the year 1957, those
0.4%
the
Mississippi
upon
at
to
charge upon 50% of the
$1,500,000 levy to be extended
the tax rolls for the year
Burlington, Mass.
Nctes
suant
upon
maturing in
MASSACHUSETTS
Feb.
or
the
at
in
the
redeem
or.
name
rate of interest to be borne
by
the
certificates, the rate to be
stipulated in any multiple of *4
Jan.
bonds
be
tions and
that
(
will
re¬
registered, registration to be cer¬
tified by the State
Treasurer, and
purchaser.
house
of
her name, address and certifi¬
cate number with the State
Treas¬
be
Board
pay¬
one
Mankato School District, Minn.
Bond
are
thereof, if
or
order.
building
certificates
to the holder
known.
paid to the registered holder
-v
MINNESOTA
year ago,
court
$1,upon
the tax rolls for the
year
cost
a
the
and
of the
500,000 levy to -be extended
ficates will
of
County (P. O. Bedford),
1960,
year
& Co., Piper,
Jaffray & HopCocreham. ,^aid, wood, all of
Minneapolis, Kalmar.
are as follows:
Corporation Trail-' & Co., of St.
Paul, C. S. Ashmur
chise,
$59,644;
gas
gathering. Co., of Minneapolis, Harold E
$256,296; gasoline, $142,121; soft Wood & Co., of St.
Paul, Wooddrinks, $23,766, and vehicle li¬ ard-Elwood
&
Co., of Minne¬
cense, $15,591,
apolis, Caldwell, Phillips Co., oi
The
report issued by
Cocre- St. Paul,
Bigelow-Webb, Inc., of
ham's department points to the
Munneapolis, Park - Shaughnessy
decrease in corporation franchise &
Co., and Juran & Moody, both
brackets as probably being due to of St.
Paul, at a price of 100.136
war casualties
among the smaller a net interest cost of about
1.36%
corporations. An increasing num¬ a? follows:
For $800,000
bonds
ber are being dissolved because
maturing Dec. 1, $50,000 in 1343
of the war."
to 1960, as
1.35s, and $300,000 ma¬
turing $100,000 Dec. 1, 1S61 to
New Orleans, La.
1963, as 1.40s. Datql Dec. 1, 1943.
Bond
Call— It
is
stated
by Interest
payable J-D.
No other
Horace
P.
Phillips,
Secretary, bid was
received.
Board of Liquidation, City
Debt,
month
county debt administration."
Trimble
July 19, it is nowHarvey C. Holmes, City
Clerk, that the bonds have been
over
beverages, $105,445; beer, $6,212;
income, $87,932; kerosene, $11,136;
lubricating oil, $16,716; power,
$31,010; public utilities, $18,279;
refining of petroleum products,
$24,062;
severance,
$25,728; to¬
bacco,
$95,775,
and
sales
tax,
$17,402..
v -Vi'" :Vwww:W.
the
ceiving sucH notice, the holder or
holders thereof may
register his
success
stated by
November,
$113,487.81,
which
reflected
gains in the following categories
of
Business
Research at Lexington.
Mr. Morrow, in an article
|
local
officials should difficulties arise."
Kentucky (State of)
pearing
the
of
Treasurer.
nual
in
servicing of bonds by a State
official/and (f) the existence of
bid/payable to the County State machinery to assist local
certified check for 10%
a
of
the increase
m.
1965, and subject
redemption on Jan". 1, 1960. En¬
close
month
says
for
those maturing on Feb.
1, 1963, io
constitute a first and
prior lien
out
month last year amounts
same
rolls
$1,500,-
upon
which
Act No. 96 of 1904.
"(a) Removal of defaults; (b)
(EWT) on Dec.
20
(today), for the nurcbase of; official approval of a State fi¬
$26,000 3Vz% road and bridge re¬ nance-officer; (c) State adminis¬
funding bonds. Dated Jan. 1, 1944, tration of county sinking funds;
Denom. $1,000.
Interest payable (d) interest shown by the State
bids until 10
the
Cocreham
the
to
problem."
ing
For
indebtedness
have
Ypsilanti, Mich.
of the
Bonds Sold—in connection with
the $96,000 hospital revenue
bonds
that were offered for sale
with¬
exceed
the
able bonds in the
State, assistance
,
general
months of
has
with
•
Year—Tax collections for the first
refinanced
and
taxable
MICHIGAN
e>
live
Miller, of Indianapolis.V>
levied
a dis¬
Nov. 22,
on
Detroit, and $54,000 to local
(State of)
Collections
Bank, Boston, at
follows: $42,000 to K.
LOUISIANA
reserves
which county officials did not ad¬
minister successfully."
delivery to the
certified check for $750.
a
conveniences" and that "this situ¬
ation necessitated the accumula¬
of their
u.mvg
100%
upon
levy to be extended
interest
bids of less than 103% of the prin¬
cipal amount offered will be con¬
sidered. Said bonds are to be sold
the
0.46%
tax
0.374% discount. The
highest bidder was Second
Due
charge
000
Note Sale—The
$100,000 tempo¬
count of 0.389%.
1944.
the tax rolls for the
year
1959,
those maturing in 1962 to consti¬
tute a first and
prior lien ancf
0.45%
Stoughton, Mass.
next
furnish
Discount
Nat'l Shawmut
Bk., Bosc.
National
county
said -city. ^ The legality will be
approved by Ross, McCord, Ice &
be
all of the
on
.
Bidder—
vised
The
follows:
as
Goldman, Sachs & Co
First Nat'l Bank, Boston.
through 162.280 of Kentucky Re¬
Statutes.
were
rary loan offered for sale on Dec.
issued 14 was awarded to the First Bos¬
162.150 ton Corp. at
Sections
to
premium of $5.00.
Dated
14, 1943. Due Dec., 14, 1944.
a
Other bids
instrumental in procur¬ Principal and interest payable at
ing substantial reductions in the the Bedford Loan & Deposit Bank,
pared to the first five months of
refunding issues
last year,
according to an an¬
materially reduced the prob¬
lem of sinking fund administra¬ nouncement by Acting Collector
of Revenue Roland Cocreham. 1';
tion, and that counties which have
to
taxes
"
plus
Dec.
has been
1943.
Denom. tures of most original bonds were
Dec. 15, 1952.
In-< poorly geared to county fiscal
terest
of
study
which
in
15,
$500.
were
bureau's
payable J-J. Due on Jan. 10
follows: $2,000 in 1945 and
1946,
as
ment dates and various other fea¬
Dec.
on
Interest payable J
-
&
The
terest
completed
2521
building.
year
1958, those maturing in 1961
to constitute
and
a
first and prior lien
Action by the county and mu¬
nicipal groups was taken prelim¬
inary to the convening of the reg¬
charge upon 100% of the $1,500,000 levy to be extended upon ular session of the Legislature
on
1
*
'
'
.
2522
4.
Jan.
Both
also
committees
favor
legislation to exempt their
Respective local subdivisions from
payment of the 6 cent state excise
tax on gasoline used in connec¬
tion with the operation of munic¬
ipal and county motor vehicles.
The municipal committee con¬
recently by the
purchased
were
Baum, Bernheimer Co. of Kansas
City, at a price of 100.115, a basis
$1,-
of about 0.98%. Denomination
1943. Interest
Dated Nov. 15,
000.
payable M-S. Due $5,000 from
March 1, 1945 to 1955.
Principal
bonds, Series of July, 000,000. The city now is including
1941, Nos. 145 to 450, inclusive. among its appeals a request for
Payable at Union Bank & Trust restoration of the $15,000,000.
Jersey City officials say there
Co., Helena, and Northwestern
National
Bank,
Minneapolis, is plenty of difficulty ahead, no
provide
one-fourth of the
distribut¬
that
ed back to the
municipalities and
basis to be worked
counties
on
out. The
passed on this proposal.
Mayor Hamilton said on the ba¬
sis of present sales tax collections,
enactment of the proposal would
.
distribution to the two po¬
mean
approxi¬
of
subdivisions
litical
$3,250,000 annually, and
provide that amount of re¬
mately
would
lief from local taxation.
of
Clerk
provide for exemption of pur-"
municipal¬
ities will also be sought, as well
tax.
that much of the
by the
Pointing out
now
state
collected
previously was collected by
governments,
Mayor
local
the
could
Hamilton said these groups
leave
still
and
participate
the
surplus over needs for op¬
eration of the state governmental
state
a
functions.
Announced
Total
Interest
1.215%.
about
on
Utility
Value—Assessment of public ser¬
$18,079,024;
and private car
companies, $1,393,463.
In
lic
power,
$300,915,
assessment of the
1941
service
corporations
pub¬
totaled
funding bonds offered for sale on
Dec.
10—v.
158, p. 2304—were
awarded to
of
Bank,
Bank,
syndicate composed
Trust & Savings
of Chicago, National City
of New York, Bank of
Trust
National
America
ings
a
Harris
the
of
Association,
San
tem
with
its
network
of
subsid¬
Board
the
JERSEY
apolis, Kalman & Co., Piper, Jaf-
of
1.10s, a price
Other bidders were:
100.16.
Northern
Trust
Co.,
Bank,
National
Chicago,
Chicago,
Commissioners
for
an
exceed
to
re¬
issue of
6% storm
construction bond anticipa¬
sewer
%:%'■- "'Jh
tion notes.
Bond Issuance
Approved—At a
meeting of the Borough Council
on Nov. 30
an ordinance provid¬
issuance of $20,000
bonds was passed on final
the
for
ing
sewer
reading.
V-
■
School
District,
school
$30,000
bonds offered for sale on Dec.
14
158, .p. 2304—were awarded
Boland, Saffin & Co. of New
—v..
to
IV2S, paying a price of
of about 1.465%.
Dated
1943. Due $3,000
from Dec. 31, 1944 to 1953. Inter¬
est payable J-D.
The only other
bidder was M. M. Freeman & Co.,
York,
as
a basis
Dec. 31,
100.179,
for 2s,
at a price of 100.323.
Issuance
Pending
We
—
part as follows from a
item appearing in the Tren¬
quote in
news
Jamesburg taxpayers' share of
the installation of a sewerage sys¬
and
of 100.105,
disposal plant has been
boosted another $9,000 notwith¬
Higginson
standing
anticipation
that
the
amount fop 1943 is $36,210,959. In Corp.,
Otis & Co., McDonaldoriginal $40,000 estimated tQ be
the railroad group, Gulf, Mobile Coolidge & Co., Allison-Williams
the borough's share in the more
& Ohio system had the second Co., Peters, Writer & Christenthan
$400,000 system would be
largest, $9,638,275, and the South¬ sen, Foster & Marshall, and Kaiser sufficient.
'
ern
& Co., for 1.20% bonds, a price of
Railway System third, $6,At a special meeting held in
100.31.
234,342.; ' •
V.
Borough Hall on Tuesday night,
Union
Securities
Corp., New
Washington County, Riverside Con¬
the first reading of an ordinance
York, R. W. Pressprich & Co.,
solidated School District (P. O.
calling for the floating of an ad¬
Salomon Bros. & Hutzler, Braun,
ditional $9,000 in bonds was given.
Greenville), Miss.
Bosworth & Co., C. F. Childs &
Bonds Authorized—The County
Final action will be given this on
Co., City National Bank & Trust
Board of Supervisors is said to
Tuesday,
Dec. 21, when it is
Co., Kansas City, Stern Bros. &
have authorized the issuance of
thought no protest will be pre¬
Co., Blair, Bonner & Co., Ryan, sented.
$75,000 building bonds. The issue
Sutherland & Co., Fox, Reusch
was
passefd by the Board on peti¬
& Co., and Schwabacher & Co.,
Jersey City, N. J.
tion of a majority of the qualified
for 1.20s, a price of 100.26.
Numerous Tax Pleas Filed—The
electors of the district after bond
Halsey, Stuart & Co., Blair & city on Dec. 14 filed nearly 40,000
attorneys declined to approve a
previous issue, according to re¬ Co., Inc., Eastman, Dillon & Co., tax appeals with the State Board
Bacon, Stevenson & Co., Eldredge of Tax Appeals against decisions
port.
& Co., Ferris & Hardgrove, Newby the Hudson County Board of
MISSOURI
burger, Loeb & Co., R. S. Dick¬ Taxation reducing real estate as¬
son & Co., Mullaney, Ross & Co.,
St. Joseph School District, Mo.
sessments in Jersey City by $100,-
iary roads within the State.
Bond Sale
The
The
$75,000 semi¬
offered
for Sale on Dec. 13—v. 158, p. 2096
—were
awarded to Paine, Web¬
annual
—
refunding
bonds
ber, Jackson & Curtis, of Chicago,
as iy2s, paying a price of 100.69,
a
basis of about 1.46%. Dated Feb.
Dtie Feb. 1, 1964.
The
next highest bidders were the City
National Bank 8c Trust Co., Kan¬
sas
City, for 1%%, naming a
1, 1944.
price of 101.72, and Baum, Bernheimer
Co., for 1%%, a price of
&
f
Sedalia, Mo.
Sold
—
It is stated that
$55,000 1% land acquisition bonds
Lee
Co.,
and- Richards &
Blum, for 1.20%
bonds, a price of 100.16.
Harriman Ripley & Co.,
fixed
by law, the city first appealed to
the County Board against the de¬
ber, Jackson & Curtis, Milwaukee
Co., Continental Illinois National
Bank & Trust Co., Chicago, W. E.
Hutton
&
Co.,
and
DempseyTegeler & Co., also for 1.20s, a
in
price of 100.15.
ing assessments
Bond
Trust
Redemption Notice—It is
stated by William
Hosking, Secre¬
of the State Ar¬
Board, that the said Board
has
called for redemption and|
prepayment on Jan. 1, 1944, each
and all of its present outstanding
mory
creased
The
assessments.
Board,
will
not
experts are looking
with envious eyes at the $750,000
due the city from the Federal gov¬
tax
ernment for the sale of the Sears
Roebuck
Plans
site
Newark.
Port
at
already
are
under
to
way
much as $700,000,
the current $5.31
rate from skyrocketing.
appropriate
as
if needed to keep
tax
third
The
is
windfall
a
four-
point saving through debt reduc¬
tion.
The real savings through
not
come
until
1947, too late for the in¬
About
the
of
$285,000
local
held up pend¬
shares of taxes
are
ing settlement
of appeals to the
Tax Appeals by
State
the
Board
of
Pennsylvania Railroad system
through
subsidiaries,
Railroad &
its
of
two
the United New Jersey
Canal Co. and the New York Bay
Railroad.
Next to Hudson, which receives
$8,204,442.791 of this year's tax,
Essex
follows
with
a
of
total
$629,811.80, of which Newark re¬
ceives $518,082.82.
Allotments to
other Essex municipalities are:
East Orange, $15,310.92; Orange,
$15,679.44;
Belleville,
$2,620.62;
Bloomfield, $14,692.18; Irvington,
$27,405.71; Montclair, $16,666.74;
Nutley, $934.12; West Orange, $1,517.14; South Orange, $9,355.13; '
Caldwell,
$575.41;
Essex
Fells,
$816.23; Glen Ridge, $910.91; Roseland,
$275.49;
Verona,
$78.59;
Cedar Grove, $39.78; Maplewood,
$1,498.56; Millburn, $3,351.81. •
,,,
Allotments to all counties follow:
Atlantic,
Township
Clerk,
will
receive
sealed bids until 8:30 P, M.
Dec.
on
for
28
(EWT)
the
purchase of
$50,000 not to exceed 6% interest
series D
coupon
or
registered
re^
funding bonds. Dated Dec. 1, 1940.
Denom.
$1,000. Due Dec. 1, as
follows: $5,000 in 1948 and 1949,
and
$10,000
from
incl. Bidder to
1952
■
1955
to
single «rate
interest, expressed in multiple
Principal and
interest (J-D) payable at Bergen
County National Bank, Hacken^
name
a
of
of 1/4 or 1/10 of 1%.
sack. A certified check for $1,000,
payable to order of the town¬
ship, is required. Legal opinion
of Hawkins,
Delafield & Long¬
fellow of New York City will be
;
furnished the successful bidder.
cumbent commissioners to put on
a
for
show
1945
the
In
election.
through
drop
debt
a
re¬
tirement and another 15 points
1947.
in
points will be lopped
Seven
off in 1945.
There
be
may
disagree¬
some
ment among
to
the commissioners as
wisdom of appropriating
the
the Sears Roebuck bonanza for
a
year's operating budget.
city's heavy investment in
Port
Newark
is
mortgaged by
single
The
around
bonds
$13,000,000 in outstanding
there
and
substantial
are
claims
against city land titles by
the Nugent estate and Edward J.
Grassmann.
New
Jersey (State of)
Share
Municipalities
NEW
commission
1946 there will be
Record
YORK
Cattaraugus County (P.
Valley), N. Y.
Debt
Redemption
Gratifying
Little
O.
Reported-
is paying off
progress
the bonded indebtedness of Catta¬
is recorded in the
raugus county
annual report of
County Treasurer '
Richard L. Farnham, which covers
the fiscal year Nov. 1, 1942, to
Oct, 31, 1943.
In 1928 Cattaraugus County had
a bonded indebtedness of $2,575,-*
000. During the past year this has
been reduced by $159,000, and in
February next there will be paid
from appropriations in the current
budget $149,000. This will leave a
balance of outstanding bonds of
$745,000.
This debt of
Railroad Tax—Local units in New
$745,000 will be
no
Jersey are to receive $10,509,829
as
their share of the largest tax
light burden on Cattaraugus coun¬
paid the State by
decade, especially in view of the
enormous
taxes imposed by the
payments
ever
the railroads.
were
Checks for that sum
forwarded
troller Zink
Treasurers
on
will
500
State
by
Con¬
Dec. 15 to County
distribution.
for
amount
about
000,000.
Following the procedure
Inc.,
Co., New York,
John Nuveen & Co., Paine, Web¬
Bankers
tary-Treasurer
101.38.
Bonds
Shields
activities
of their
be felt until the 1944 tax year.
17-point
ton "Times" of Dec. 9:
tem
Many war plants had not hit their
a year ago and the full
full stride
1946 and
Jamesburg, N. J.
October.
in
ending
debt reduction do
'
Bond
months
12
City
N.J.: :.-V:
Bond ■; Sale—The
last
$5,851,283
against
as
year."
.
gible and intangible assets for the
effect
v-
Rutherford
East
year
$57,408.85; Bergen,
tax
collections will account for
$189,210.46; Burlington, $10,373.19:
several more points.
Camden, $193,057.56; Cape May,
Boom activity in Newark war
$18,401.68; Cumberland, $16,442:
plants is expected to boost per¬
Essex, $629,811.80; Gloucester, $1,sonalty ratables by as much as
580.22; Hudson, $8,204,442.79; Hun¬
$10,000,000,
This would account
terdon, $13,787,26; Mercer, $168,-1
for around six points.
One war
983.37;
Middlesex,
$395,123.42;
plant alone that was assessed
Monmouth,
$53,195.06;
Morris',
$200,000 in personality for 1943 al¬
$48,336.08; Ocean, $13,305.43; Pas¬
ready has filed tax returns indi¬
saic, $88,726.10; Salem, $4,312.67;
cating a $1,000,000 assessment for
Somerset, $42,223.41; Sussex, $5the
ensuing year.
Another in¬
280.42; Union, $296,361.94; Warren,
crease
of $1,000,000 is expected
$45,865.87.
from a single public utility com¬
Teaneck Township (P. O. Teapany.
-V:j
Personality
assessments
are
neck), N. J.
based on inventory and other tan¬
Bond Offering—Henry E. Diehl,
.
Bloomingdale, N. J.
fray & Hopwood, and J. M. Dain
Co., bidding for
not
$3,300
reading by
final
on
of
calling
cently
Fran¬
cisco, Mercantile-Commerce Bank
& Trust Co., of St. Louis, First
Security Trust Co., 'and Edward
L. Burton &
Co., both of Salt
&
passed
was
Sav¬
&
Blyth & Co., First of Michigan
Corp., and Seattle First National
Bank, jointly, for 1.10s, a price
The largest single assessment is
against the Illinois Central Sys¬
N. J.
Plans Note Issue—An ordinance
First
'
points lost by a sharp cut in real
estate ratables.
Unusually
high
1891
Phone—kEctor 2-4383
NEW
(State of)
The $2,401,000 re¬
124..
.
Y.
Commission is due to re¬
windfalls good for a
three
21-point drop in the 1944 tax rate.
They will more than offset the 17
MArket 3-3430
tendered by J. M.
$97,504,603 and in 1942, $104,893,.
ceive
18 Clinton St., Newark 2,
N.
corporations
operating in Lake City, as 1.10s, paying a
Mississippi for 1943 totals $109,- price of 100.239, a net interest
922,503, or $5,000,000 more than *bost of about 1.039%, Dated Jan.
1942 assessments, and $12,000,000 1,. 1944. Denomination $1,000. Due
more
than 1941, according to an Jan.
1, as follows: $250,000 in
official list released recently by 1945, $260,000 in 1946, $270,000 in
the State Tax Commission.
1947, $280,000 in 1948, $290,000 in
Railroad companies alone rep¬ 1949, $300,000 in 1950, $315,000 in
in
resent $60,644,868 of the total as¬
1951, $325,000 in 1952, and
sessments. Others include bridge $111,000 in 1953. The next highest
companies, $824,655; gas and pipe group was Lehman Bros., First
line companies,
$14,255,925; tele¬ National Bank, Minneapolis, First
phone and telegraph, $13,849,605; National Bank, St. Paul, North¬
express,
$191,563; sleeping car, western National Bank, Minne¬
$382,485;
1950
to
Rippel & Co.
Established
payable
vice
water,
J. S.
as
1946
Belleville, N. J.
—
The issuance of
—
$75,000 building addition bonds
was approved at the election held
on Nov. 29, it is said.
Newark, N. J.
Dain & Co.
Montana
Township Sch.
(P. O. Salem), N. J.
District
Bonds Voted
The City
Maturities
v^'T"-,
Bond Sale
the
for
Three Windfalls Aid Tax Rate—
Second best bid was an offer of
100.065 for 144s,
Neck
Penns
Lower
NUTLEY
$76,000
E. M.
V/as,
at a price of 100.078—v.
158, p,
2407—are due $19,000 on Jan. 1 in
1945 to 1948, giving a basis of
billed
next year at the 1943
tax rate of $5.74 per $100 valua¬
tion though their valuations have
been decreased. The adjusted rate
later in the year may mean large
increases in tax payments.
BLOOMFIELD
KEARNY
County
Adams & Co. of
of municipal-pur¬
gasoline from the excise
revenue
that
bonds sold to
Portland,
refunding
exemption
as
chased
of
the
Board
the
Commissioners
J-J.
chases and services by
NEWARK
It is stated by the
—
be.
be
ESSEX COUNTY
Rye gate), Mont.
Maturity
Amendment of the sales tax law
to
Municipals
the
first quarter
'
supervisors have not yet
a
New Jersey
Valley County (P. O.
Golden
of
Property
may
must
owners
decision
the
Board
State
NEVADA
MONTANA
sales tax collections be
what
matter
Minn.
payable at the First
ferred during the day with Gov¬ National Bank, Kansas City. These
Mina, Nev.
ernor-elect
Thomas
L.
Bailey. bonds, authorized at an election
Bonds
Voted—At
an
election
Mayor J. C. Hamilton of Vicks- for the purpose of acquiring land held on Dec. 3 the voters approved
for an airport, will be, in the opin¬ the
issuance
of
burg, President of the Municipal
$20,000
water
Association,
quoted
Governor- ion of counsel, direct and valid- pipeline construction bonds by a
Elect Bailey as saying he thought obligations of the entire City, pay¬ count of 77 to 5.
the municipalities need some fi¬ able from unlimited ad valorem
nancial assistance from the state. taxes which may be levied upon
We can offer
Mayor Hamilton said his com¬ all of the taxable property within
Blocks of
•
mittee Will ask the Legislature to the City.
-
Monday, December 20, 1943
Armory
interest
and
.
CHRONICLE
THE COMMERCIAL & FINANCIAL
divided
be
The
between
municipalities
in
from 61 cents for
Township,
Sussex
amounts ranging
Stillwater
County, to $6,132,158 fpr Jersey
City, which receives the lion's
another
for
taxpayers
ty
half
Federal government; but it seems
small as compared with the two
and
a
half millions of
indebted¬
which the county
had in 1928.
Interest
payments on the
bonded debt still are large.
In
1944 they will amount to $21,000.
In 1928 they were $110,062.
ness
-If
no
bonds
new
are
issued
in
the
share.
ago,
meantime, Cattaraugus county
will emerge debt-free in 1951.
A-
bers
schedule in the county treasurer's
a
decision issued several weeks
The distribution represents 50%
affirmed the changes. Mem¬
of the County Board were of the franchise taxes allotted to
appointed by Governor Edison.
municipalities and the second-class
At the time the land and build¬
were
reduced by
$100,000,000, the County Board
dered many personal property
sessments—most
of
them
corporations—increased
property tax levied and
collected by the State
or¬
nicipalities
as¬
big
$55,-
in
cut the
increases
which
The local distribution
was
$7,919,256.29,
000,000. On appeals by the corpo¬ less than this
rations
involved,
the
County 'came because
Board
for the mu¬
they
situated.
for
by
railroad
by $15,-
or
year.
last year
$2,590,573
The increase
railroad
taxes amounted to
are
franchise
$11,063,317 this
report
bonds
;
that $134,000
in
be payable in 1945,
shows
will
$118,000 in 1946, $120,000 in 1947,
$123,000 in 1948, $95,000 in 1949,
and
the
same
amount
in
1950,
and that $60,000 in 1951 will pay
the last of the bonds.
The
county
had
no
temporary •
close
indebtedness
at
1942-43 fiscal
year—the first time
the
of
the
Volume
158
Number 4239
THE COMMERCIAL & FINANCIAL
CHRONICLE
2523
in oyer 20
years, the report states,,
that the county budget, has had no
new
provision for this item.
In
N.
bonds
refunding
offered
Dec.
2408—-were
p.
,,.
Sale—The $33,000 coupon
registered
or
Y.
awarded
to
basis of
1943
about
and
Nov.
1,
$2,000,
taxes
for
Edwin
as
the
sued
B.
an
Comptroller's office is¬
order
approving an issue
refunding bonds, to
care
for bonds maturing in the
fiscal year
beginning Jan. 1, 1944.
of
14—v.
awarded
158,
to
p.
Geo.
(P.
$83,000
road
bonds
Dec.
14,
O.
N. C.
and
Rate of interest to be in
be
must
the
for
same
all
/•••%.••
refunding
coupon
offered
for
awarded
were
sale
on
Weil
to
$5,000 in 1954, $9,000 in 1955. and
1956, and $10,000 in 1957 to 1960.
%
Regisferabie
Principal and interest
payable at the Chase Na¬
tional
Bank, New York City. The
bonds will be valid and
legally
binding general, obligations of the
City, all the taxable real property
?
within which will
the
be
without limitation
or
as
to
with
following
the
the
2Vl2-4%
In
the
event
type and character shall be tax¬
able by the terms of
any Federal
income tax' law, the successful
bidder may, at his
election, be re¬
lieved of his obligations under the
and
to
in such
purchase
case
the
the
call
on
con¬
Dec.
County
14
bonds
rejected:
road
and
funding bonds dated Aug.
1, 1940, due Aug.. 1, 1955.
bonds
deposit
ac¬
;•
purchaser without cost.
a
certified check for
North
'
Bond
Canton, Ohio
Sale—The
water
sewer
15—v.
158,
to
IV2S, at
a
about
1943
and
from
storm
offered
Heavy
Tax
2409—were awarded
Co.
of
Columbus,
due
to
$1,000
1960
on
incl.
as
Dec.
1
Second
A.
ported—Collections of
this
year
are
-
Re¬
city taxes
expected
Ohio
Municipal
White
&
(State of)
Market
Co.,
Steady —J.
Cincinnati,
ported under date of Dec.
Collections
to
come
Bond
the
for
$100
must
re¬
15
as
follows: The Ohio municipal mar¬
ket continues to hold
steady, but
with
collections
amounted
was
activity somewhat
more
as
.-the
Van
114s, at
-
.Collections
last
year •'
during
totalled
December
$76,408
Marks said that if this
same
and
ratio
Bond
will
be
Offering
received
Dec, 27, by G. R.
—
Wert
National
par.
sealed
bids
until noon on Dec.
purchase of $18,173.91
not to exceed 4% interest
street
assessment bonds. Dated Dec.
27
for
1943.
the
One
others
bond
31,
$1,973.91,
for
$1,800 each.
Due
June
"Temp, loans (:U. S.)_—
Canadian—
noon
bids
on
in
U,
in
S.__.
separate
$1,800
Rate
in
A
certified
payable
to
check
order
of
None
1,453,360
None
None
None
None
26,966,303
issued
by
awarded to a syndi¬
composed of Fox, Reusch &
of
1945 to 1959 inch
;
v
The
$200,000; Chestnut Street
opening, and extension bonds of¬
municipalities emitting bonds
during November, 1943,
80,095,136
$417,845,147
505,431,074
891,357,631
1,031,175,500
1,035,785,555
157,885,225
958,487,890
1930
47,306,174
817,084,792
1,020,356,584
1929
17,016,303
1941
69,817,163
1940—
77,507,257
1939
—
1938—1—
——
1937
.I.
64,855,702
1933———
1932
1931
We present herewith our detailed
list of
issues put out during the month of
November:
MUNldWAL
Page No.
2093
BOND
ISSUES
Name
Ada
SOLD
Rate
the
same
N.
Y._
Albany,
N.
Y
Albuquerque,
Albuquerque,
1.80
1945-1963
1.20
1944-1963
Mex
l'/a
_
2306
Athens,
1866
Auburn, Me.
.*1.——l—--0.75
Auburn, Me. 11—.——0.75
Mov
1944-1963
1866
1V4
1'4
-
—
Bridgeton,
N.
J
2200
Cook
1865
2203
County,
1944-1953
& Co.—
$175,000, l3/4s
100.51
For
$200,000, l%s___„-.,100.85
Halsey, Stuart & Co., and
Mullaney, Ross & Co.,
1
jointly—
'
For
$175,000, l34s__-/_-100.12
For
$200,000, l%s-v
100.76
the
1944-1948
Brust,
as
the
Mayor,
1944-1952
30,000
100.16
1.18
100.33
1944-1963
2.22
50,000
100.62
1.19
1947-1961
r815,000
100.01
2.59
24,000
r6,040,000
1-02,000,000
dl,000,000
18,500
100.10
■
1.95
1947
1960-1968
District,
111.-,—.1%
1945-1962
IV*
1.945-1954
'_1%
—
1964
-various
1945-1964
11
%'
_.-..2Vl»
17,000
d3,633,000
d4,713,000
100.16
1,22
1.23
9,000
1963
1963
100
4.00
100
2.17
100
2.17
1.60
60,000
102.63
1.31
58,000
100.43
0.92
1944-1953
1
District,
Pa—_0.75
Texas
—
Gary,
rl30,000
100.10
1.57
1952-1954
rl73,000
100.10
25,400
29,000
100.73
1.11
100.01
0.74
l1,^
1945-1953
——0.75
Haddonfield, N. J
2308 Harlingen, Texas
2201 Henderson, Kv.:
2094
1945-1951
School
Ohio
Ind.
1.49
1%
—
Independent
County,
0.71
101.17
School
District, Texas
Franklin
rl98,000
17,000
100.20
1944-1951
1M>
Independent
Worth
2098
0.90
1946
-k
1944-1948
53,000
1-209,800
—3%
•
Hopkinsville, Ky.
l%-2
1955-1962
30,000
101.52
1.86
40,000
10067
Ti3
1944-1958
50,000
101.66
1.29
1947-1948
40,000
27,500
100,08
1.68
114
2203
Jefferson Township., Pa-—
Jefferson County,
Fla—
Leedey, Okla.
i—
2203 Mansfield, Ohio
2204 Marinette, Wis.—
,2—
l'/a
2301
__1,70
2306
2095
—
1
2095
Mayfield, Ky;
2202
Mebane,
2203
McCurtain County,
Meridian, Miss
Separate
2201
Okla—
School
North Olmstead,
Olyphant, Pa.
2306
Osborn,
2094 Perry
1985
105,000
100.02
0.78
1945-1963
r74,000
100
3.00
134
1956-1959
rdl48,000
-
—1.80
4,050,000
The
action,
2201
Vicksburg,
proclaimed
2201
Warren
No.
4,
100.16
1.75
69,500
106.44
2.67
1945-1953
r45,000
40,000
;3 Vb
Indep,
Minn
;
-2
Dist.,
1946-1953
100.028
1.99
100.26
2.69
d79,000
1945-1958
r75,000
Fla—234
1944-1953
30,000
1944-1963
various
d3,000,000
100
1.61
101.28
1.34
100.45.
1.71
17,500
I V2
—
Mich.——
,•
1944-1958
r79,000
-214
1944-1948
10,Q00
rl34
Sanitary
1954-1958
r50,000
1944-1983
1,500,000
:
—2
—
Wilkes
1983
Wynne, Ark.
County, N.
2302 Wichita, Kan.
d
169
Township School District
2202
S.
C.___—
.•
bond
D
:
for
1.96
-
2
r84,000
100.005 2.62
1944-1953
-I
—314
sales
100.5S
1953-1962
-
November
124,160
100,13
35 years
120.000
1955-1959
{75
covering 86 separate issues)
Optional,
k Not including 64,690.257
States and
1.20
IOT.50
84,000
1944-1959
-—2
——2
Warwick, R. I.,
1984 Washington
Suburban
District, Md.
Yankton,
100.31
r99,000
——3
i
Oregon
Miss.
10,500
rd900,000
1955-1962
School
Ky._
School
1945-1955
1975
-.2
2307
Total
1.74
1,000,000
1945-1953
1946-1965
Wash.
Dalles,
100.12
1953-1962
114'
Simpson County,
Stoughton, Wis.;
Tacoma,
0.99
314
~
.18,
100.30
2%
Ohio
2308
2307
; r41,000
1953-1955
1944-1946
Ohio——.—
No.
2,66
2.25
—-0.80
Township School Township,
Dist.
1984
100.00
100
r4o;ooo
rl46,500
Dist.,
-
Philadelphia, Pa.
Russellville, Ky.
St.
Louis County
2095
rl00,000
1948-1960
1946-1958
3
Va.
Indiana
2099
2.10
1944-1969
0.97
——1.10
2202 Mount Gtlead, N. C2203 Murfreesboro, Tenn.
2098
101.93
1955-1962
214
of)
County,' Md
2203
1.13
1.88
^_3
;
(State
Norfolk,
100.71
101.63
214
Miss.
Montgomery
100.14
rl75,000
r228,000
r211,000
6-2
—
1985 Meridian
2201
60,000
1947-1953
1955-1962
——2!4
C.
1867 Minnesota
1945-1954
114
2
Mayfield, Ky.
N.
.899
103.00
1-281,000
1946-1965
Township,. Mich
County, Ohio
1.57
100.0018
30,000
River.
Jackson
T067
1?4
Worth
District,
Dist., Pa.-l'/a
Pa
25,000
^
1.66
1-94,000
Dis¬
_
100.95
1944-1958
Swoyerville
Voters will be asked to decide
Sowers, Village
is maintained this month the
levy Clerk, for the purchase of $8,000 whether the bonds shall be issued
for 1943 will,be collected with ,4% fire
fighting equipment bonds. for $200,000 to improve and en¬
the exception of about half a mil¬
Denom, $1,000.
Dated March 1, large the water distribution
sys¬
lion dollars.
1944. Due on Sept.
1, as follows: tem, and $25,000 for constructing
As against this year's balance $3,000 in 1945 and
1946, and $2,000 and equipping a fire station.
of, $579,486, the total of unpaid in 1947.% Bidders may bid for a
(Continued on page 2524)
1945-1965
1.66
100.09
1,025,000
3.945-1954
2.18
100.95
71,000
1945-1954
lft
School
1.92
100.03
1944-1971
City,
School
1987
date for the elec¬
;
loXlI
1988
tion.
46,000
v
rlOO.OOO
200,000
2203
Council
U8
25.000
_2.60
111
2100
OKLAHOMA
4.00
100.21
(
1945-1954
2100 Fort
2306
For
100
101.12
2201 Iron
$175,000, iy2s_——100.162
Otis & Co., First Cleveland
Corp., and Pame,' Web¬
ber, Jackson & Curtis,
jointly—
1 '
0.71
10,000
rSO.OOO
2094
and Associates—
100.10
East Lansdowne School
1987
4
For
100.43 " 1.14
100.10
0.71
12,000
1-300.000
—
2304
McDonald-Coolidge
9,000
r30,000
1948-1955
2100 Fort
101.71
1.13
1950-1959
Fayal, Minn.
$200,000 l%s
;/
Deer
2096
and
101.13
'
Cuyahoga Falls, Ohio—.—
Lodge, Mont.—1.40
East Cleveland, Ohio
lVi
2201
EUwood
Associates—
1.43
1944-1949
HI.
Cook County, 111
1.19
1lA
__2tV
:
—
1865
1.80
100.04
50,000
District,
Consolidated
1.80
10(f
100.65'
939,000
1945-1949
Chattanooga, Tenn. —1—1^—2 %-2
Chicago Sanitary
2200 Chicago
Sanitary
2203 Chillicothe, Ohio
2202 Cincinnati, Ohio
1986 Cleveland, Ohio
100.
1944-1949
•
1.20
——_—
2G36 Camden, N. J—
2302 Cass County, Ind
1983 Charlotte County, Fla,
1983 Charlotte
County, Fla
2203
Basis
100
r243,000
1944-1958
2098 Bellaire. Ohio ,,;4——^l—_4
1985 Bjloxi, Miss.
..——various
2096 Bovey, Minn.
114
1867
bond
Price
244,000
110,000
1948-1959
various
Ohio
Erie
Fox, Reuscn & Co.
1'
Corporation,
——*—
—..
municipal
X'150,000
Pa.
Associated Indemnity
1987
$175,000 l&S—___100.186
$200,000, l34s
2.-100.892
a
NOVEMBER
1945-1953
Mex
Ambridge,
1987
;
the
Alliance, Neb.
1945
& Co.—
for
For the
Amount
N.
1987
2306
were:
86,
11 Months
r$180,000
r230,000
1.80
____
2095
basis of about 1.615%. Dated
Dec.
1, 1943. Due $10,000 from Oct.
1964, incl.
DURING
N.
2304
time,
1,
months
1947-1961
Independent School
No. 1,
Idaho—
3V4-2
trict, Minn.' _il—1——.4
Clinton, N.; C,—————214-3VX'■
Columbus, Ohio
-4——-4 7,
Dec. 28
11
Maturity
County
2202
at
and
$112,713,762 $1(086,582,869
92,091,301
817,751,815
82,680,536
475,260,703
29,588,884
731,527,808
54,364,707
1,210.494,700
88,682,310
1,300,540,012
84,687,874
1,139,822,962
; —.
1934-
2098
sale
75
November
1935
idge & Co., Fahey, Clark &
Co.,
both of Cleveland, and
Stranahan,
Harris & Co., Inc. of
Toledo, as
l3/4s, paying a price of 101.323, a
For
the
11 Months
$36,854,360
—
1942—,4
McDonald-Cool-
for
awarded to
the number
Month of
Clifton
to
and
were
Canadian and United
For the
2201
were
■.
made
November
1943—
2304
2203—were
fered
New
None
187,075,334 269,962,008 294,044,508
York City: None in
November of
following table, showing
2202
Bond
cate
None
26,474,700
the aggregate of
permanent loans, excluding
States Possessions
issues, for November and
.
Sale—The $175,000 gar¬
bage disposal plant bonids offered
for
sale on Dec.
11—v. 158, p.
212,^6,012
None
2,520,492
This contrasts with 56 and 60 for
October.
For comparative
purposes we add the
2304 Albany,
Youngstown, Ohio
Co.
of
issues
District
■"/ 'l
'
$
None
years.
2202
is required.
".V
$200,
village,
'
None
securities
respectively.
for
the
1939
'
80,095 136
■
$1,973.91 in 1944 and
from 1945 to 1953 incl.
of interest to be
expressed
multiples of 14 of 1%. Interest
J-D.
1940
'
41,544,617
temporary
The number
of
1941
\
None
———
of the above
any
"
forms of obliga¬
None
of U. S.
Possessions
Territories A
—4.
"Includes
$
r
4,690,257
Canada——
Total
review
our
17.016,303
69,817,163
77,507,257
9,950,000 114,737,6?9
165,980,051
.•
1936.
1,
follows:
as
1942
,
36,854.360
Month of
Bond Offering — James
Garvella, Village Clerk, will receive
Royal
Sealed
until
tit. :SJ-7„
Yorkville, Ohio
.Following
Roseville, Ohio
loans
in
-
las%
in
years:
series of years:
re¬
to
.
jjj
p. 2409—were
N
stricted
$116,164.
1943
Permanent
—
158,
various
during the last five
Bonds
half
vember
we furnish a
comparison of all
tions put out in November
Placed
.during the past few days.
a
million dollars of Our index of
Midwest City, Okla.
the yield on 20
the
1943
tax
levy of approx¬ Ohio bonds is
Bond Election—The
today 1.42%, while
following
imately 17 million dollars.
the yields on 10
high grade Ohios report is taken from the Okla¬
During the 11 months, from and on: 10 lower
homa City "Daily Oklahoman" of
grades remain
Jan. 1 to Dec. 1, according to
City at 1.24% and 1.59%
Dec. 8:
respectively.
Treasurer Haskell H. Marks, tax
Plans for a
The Ohio market during De¬
$225,000 bond elec¬
collections
totalled
$16,384,177, cember has held steady at about tion in Midwest City were drawn
leaving $579,486 of the tax levy the same level as
prevailed dur¬ up Tuesday night by the new
to be collected in December. No¬
ing September.
community's City Council.
within
herewith.
given
and
15—v.
give
The
$21
each
month, or the detailed list of
brought out during November.
Such data is
issues
First
Wert, Ohio
Sale
Dec.
on
Dec.
price of 100.25, a basis
1,47%. Dated Dec.
1,
1945
En¬
Rochester, N. Y.
check
Van
For
$16,000
bonds
p.
the Ohio
of
$9,100,
payable to the City.
the individual
comparative data usually contained
Placed
For
■■
the
certified
Ryan, Sutherland
OHIO
.
companying his bid will be re¬
turned. The approving opinion of high bid of 101.193 for l%s was
made by J, A. White & Co. of
Vandewater, Sykes & Galloway,
of New York, will be furnished to Cincinnati.
I
close
at
to
financing negotiated in
the
and
Savings Bank, Roseville.
Among the other bids
that
prior to the delivery of the bonds
the
income received by private
holders from bonds of the same
contract
the
in
est
City has a special charter,
Chapter 648 of the Laws of 1911,
amended.
M.
bridge refund¬
ing bonds, dated Aug. 1, 1940,
due Aug. 1, 1975.
21/2-31/2% road and bridge inter¬
The
as
received
nection
were
approval of the
State Comptroller for the
purpose
of paying and
refunding a like
principal amount of Water bonds.
tenders
of
ipal Law "and in accordance with
and
Charles
—
Johnson, State Treasurer, reports
Issued pursuant to
8 of the' General Munic¬
order
payable
Prin.
a
to
as
Rejected
that all
rate
amount.
Section
issue the
of
accompany the bid.
in
Offers
to
pay said bonds and interest there¬
on,
A
&
1%.
in
,
subject to
levy of ad valorem taxes
M-S
interest
Cincinnati, the Baum,
principal Bernheimer Co. of Kansas
City,
alone; /general obligations; unlim¬
Grouse, Bennett, Smith & Co. 01
ited tax; delivery on or about Dec,
Detroit, Ellis & Co. of Cincinnati,
28, at place of purchaser's choice. and William J.
Mericka & Co. of
Principal and interest payable in
Cleveland, as lV2s, paying a price
New York City.
■
of 100.491, a basis of about
1.44%-.
Dated Dec/1, 1943. Due on Oct. 1
Swain County, N. C.
of
the bonds.
(J-D)
int.
Trust
Danhury),
Roth &
or one-tenth of 1
of
Bank,
■
1957.
represented
week's
The $12,000 im¬
price of 100.28, provement bonds offered
for sale
a
Irving Co., of Cincinnati^
Oneida, N. Y.
C.7"./../- at a price of 100.032, a net in¬
/
Bond
terest cost of
Offering—Lucy M. Rice,
2.385%, as follows:
City Clerk, will receive sealed For $53,000 maturing on Dec. 1,
bids, until 3 p.m.
<EWT), on Dec; $8,000 in 1952, $12,000 in'1953,
21, for the purchase of $455,000 $5,000 in 1954, $9,000 in 1955 and
hot to exceed $5 coupon or
regis¬ 1956, $10,000 in 1957, as 2V2S and
tered
refunding water series - 9 $30,000 maturing $10,000 on Dec.
bonds. Dated Dec. 15, 1943.
De¬ 1, in 1958 to 1960, as 2 Vis. Inter¬
nomination $1,000. Due June
15, est payable J-D. The next highest
as follows:
$28,000 in 1946, $24,000 bidder was John Nuveen & Co.,
in 1947,4 $26,000 in 1948,
$16,000 for all bonds as 2lks, at a price
in 1949, $14,000 in
1950, $24,000 in of 100.39. ;
195i; ,$38,000 in 1952," $53,000 in
Denom. $1,000.
Dated Dec. 1,
1953, $58,000 in 1954, $55,000 in 1943. Due on Dec.
1, as follows:
1955, $60,000 in 1956, and $59,000 $8,000 in 1952, $12,000 in
1953,
in
of
B.
CAROLINA
County
The
vv
multiples of %
earlier
rate
der,
NORTH
-
v...
$30,000 in 1949, $70,000 in 1950,
$60,000 in 1951, and $40,000 in
1952..
Dec.
on
1.40s, paying
Stokes
'
follows:
as
sale
^
$200,000
Due Jan. 1
that,
months, a
1, 1943. Due Nov. 1, as follows: awarded to J. A.
White & Co.,
$2,000 in 1944 to 1951, and $1,000
Cincinnati, as iy4s, at a price of
in 1952. The only other bid was
100.27, a basis of about 1.201%.
C. F. Childs & Co., and Sherwood
Dated Dec. 1, 1943. Denom.
$600.
& Co., a joint offer, for
1.60s, at Due on March and Sept,
.1, 1945
a price of 100.20.
to 1954. The,second
highest bid¬
Deputy State Comp¬
reports that on Dec. 10,'
State
the
multiple of A/4
-
basis of about 1.34%. Dated Nov.
a
Kqnngott,
troller,
different
Gibbons & Co., Inc., of New York,
Rochelte, N. Y.
—
of
many
the;November total
last
Saratoga Springs, N.Y.
.Sale—The $17,000 semipublic works bonds offered
2408—were
for
Approved
date
same
D^c. 1, was $670,937.
ann.
1.80s
was
made
by Baconi
Stevenson & Co., New York City.
Bonds
for
Bond
fol¬
as
the
to
up
year,
1956; $6,000, 1958;
1959; $1,000, 1960; $11,000
and 1962, and $1^000 in
Second high bid of 100.28
New
record
as distinguished from
refunding borrowings.
division of the past month's total
shows hew capital awards
of
410,060, and $15,444,300 for refunding
purposes.
Owing to space limitations, we were not able
Below
1961
1963.
the
New-
lows; $1,000 in
in
with
considerably larger proportion of
1.73%. Dated Nov.
due
the
158,
burger, Loeb & Co., New York,
as
H4s„ at a price of 100.26, a
1,
contrasted
as
water
16—v.
of
municipal financing negotiated in the
month of November, which was given in these columns
on Dec.
13,
page 2411, it was noted that the volume of sales during the
period
amounted to $36,854,360.
Mention also was made of the fact
Huntington (P. O. Huntington),
Bond
review
our
capital loans,
100
100
0.97
3.25
2.00
municipalities
—k$36,854,360
temporary
loans
or
municipalities from agencies of the Federal Government,
funds
r
obtained
by
Refunding bonds.
THE COMMERCIAL &
2524
price of 101.526, a basis of about
1.65%. The next highest bidder
Quapatv, Okla.
Sold —V. B. Anderson,
Bonds
was
PENNSYLVANIA
cou¬
estate, he
real
local income taxes,
a
through
either
come
may
sales taxes or
municipal share in State taxes.
At
rate, Mr. Chatters ex¬
there probably will be
to change local revenue
any
plained,
systems.
Approved—The Depart¬
pon
refunding
and
judgment ment of Internal Affairs on Dec. 2,
funjding bonds offered Dec. 14 approved an issue of $44,000 1%%
—v.
158, p. 2409—were awarded refunding bonds.
to Johnson & Johnson of Pitts¬
$115,000
Sale—The
Bond
in
not
tapping of community in¬
This
come
pressure
Williamsburg, Pa.
City, Pa.
Dickscn
1954,
1949,
1,
1962, 1968 and 1974.
Jan.
$12,000
Due
is
continued.
Cunningham & Co., for
S. K.
Clerk, reports that the $31,000 water works refunding bonds •l34s, at a price of 100.126.
The
bonds are dated Jan. 1,
authorized some time ago by the
1944. Denom. $1,000. Interest J-J.
Board of Trustees, have been sold.
"Town
income
Bonds
financing for some
time after the war probably will
amount to about $1 billion a year
in
comparison with the fairly
Municipal
small
amount
Monday, December 20, 1943
FINANCIAL CHRONICLE
that is being
done
plus a premium of $32.50 for each
$1,000 bond.
Interest ceases on
date called.
\
(P. O. Salt Lake
Salt Lake County
City), Utah
Bonds Authorized—-The County
issue $1,400,000 tax
anticipation of 1944 bonds, it is
reported.
authority
to
Pennsylvania (State of)
iptind
$60,000,000
news dispatch
Dec. 14 re¬
A
—
Harrisburg
from
Cut
Taxes To Be
on
$350,000 semiwater works bonds offered
$70,000,000
in
year
a
will
and
contribu¬
to the State's Unemploy¬
Compensation Fund under
tions
ment
which
"experience rating "plan
an
into effect Jan. 1, Governor
Martin asserted today.
goes
adopted by the
the normal pay¬
is reduced to as
employers who
personnel rolls.
Under the plan
States'
O. Brady),
Refunded—It is reported
the Commissioners Court re¬
Bonds
bridge
$28,000
refunded
rate on the
4% %, while
interest rate on the present bonds
is 3%. This will save the county
$3,902 in interest, and the entire
bonds.
The interest
former
bonds * was
net, inasmuch as the
consummated at no
saving was
exchange was
cost to the county.
claimants.
benefits to
after
receiving
report
a
Dist. (P. O.
held
tion
,
statement
his
issued
Martin
Tarrant County,
lated
to
ience
statistics
on
date
and
the
on
similar
of
accumu¬
plans
exper¬
other
in
States, It is estimated that con¬
tribution
rates
throughout
the
Commonwealth
dollar
be
an
on
of each payroll
instead
basic
the
of
present
Governor said.
may go as low as
the
2.7%,"
"The
will
1.5%
of
average
average
1.3%."
Pittsburgh, Pa.
Refunding Urged to Meet
Bond
City Budget—Legislation for the
refunding of $1,000,000 of munic¬
ipal bonds maturing next
have
■eaid
to
the
Finance
upon
of
Committee
City Council
funding
year
considered
been
Dec. 7,
on
is
by
the
The
re¬
operation
was
agreed
recent meeting of" the
at
a
Council
method
a
as
of
helping
balance the 1944 budget.
renewing these maturing
bonds, the Council expects that
deficit for the next year will be
By
reduced to
by
the
a
that
sum
increase
in
can
be met
taxes
2%
of
mills, which already has been
proved.
1
:
ap¬
proposed to issue the bonds
in denomination of $1,000, to bear
interest not exceeding 4%, in ac¬
cordance with the bids.
Port
Bond
—
F.
S.
Secretary,
the
First
will
National
Bank,
Port
Allegany. A certified check
for 2% must accompany bid.
Ross Township (P.
O. Perrysville),
Bond
Sale—An issue of $60>000
bonds
was
awarded to
Ralph M. Winters & Co., of To¬
on
said from his ob¬
Chatters
going to
be as inclined to borrow after the
war
as
in
the
pre-war
period
when there was more extensive
construction.
A
cities
ward
"and
not
are
growing trend to¬
conservatism," he declared,
toward paying for city im¬
a
developments as
provements and
they are made. For that reason I
believe there may be resistance
at the local
However, if Federal monies
they would have to accept."
Dec.
15,
as
l34s,
at
a
October over
the corresponding month a yearcreased only 1.8% in
a
explained
that
State
governments
than doubled in the
of
past two years, whereas local
have
nances
improved
fi¬
only
slightly. It seems likely that there
will be more financing inspired
level
in
post-war
the
"About
a
de¬
of
in
York
New
out,
any
previous month,
thus, the October collections re¬
flect September sales.
lected during the
and
Taxation
of
ment
Depart¬
Finance,
State
York
New
The
however, already has released No¬
excise tax collec¬
distilled spirits (reflect¬
1943,
vember,
tions
on
sales this year and
more
comparable with
October
therefore
reveal
these
and
month
The
decline for the 18
average
representative open States in Oc¬
tober
with
34.5%
was
and
against Sep¬
tember of last year.
20
States
passed
have
Offered
to
Public
—
A
being
for
&
by Edward L.
Co. of Salt Lake City,
offered
to
1954,
1958.
$25,000
and
Callable
at
in
102.25
1955
and
terest in inverse numerical
on
any
30
up
localities
serves
to
set
up
.
notice.
Prin. and int.
payable at the Chase Na¬
days'
Dated Jan. 1,
follows:
as
1942,
$20,000
Due Jan. 1,
in 1950 to
Said bonds should be presented
give
money
to
the
rich
war
and
poor
Cities
from the
on
or
Chase
are
likely
to
get
away
property tax as a source
of revenue in the post-war years
because
the highest community
35,500
214%
Sidewalk -bonds,
Denominations $1,000, $500,
and $100. Interest J-J. Due
....
1,
July
follows:
as
$3,600 in
1944, $3,700 in 1945, $3,800 in
1946, $3,900 in 1947 and 1948,
$4,000 in 1949, $4,100 in 1950,
$4,200 in 1951, and $4,300 in
1952.
18,000 3% Sewer bonds. Denom¬
inations $1,000, $500 and $100,
Interest J-J. Due July 1, as
in
$1,100
1944
to
in in¬
so
of
burden
very
unpaid
warrants,
to meet needs during the
general depression, became un¬
duly heavy. The Council ably met
that
situation with a $3,000,000
bond
1957.
to
1942. Coupon, registerable as to
principal. Payable in lawful cur¬
rency
of the Dominion at the
Bank of Nova Scotia in the cities
of
Ottawa,
Mont¬
and
Toronto,
real.
York Tp. (P. O.
issue, which has since been
$2,795,000.
reduced to
Chairman Levine of the Finance
Committee and Chairman Jones of
Willowdale), Ont.
Offered
Bonds
time of not
long ago, when the city's cash re¬
sources were sadly depleted, and
the
1955
in
many
bonds.
a
was
of
in
Sealed
—
received until
were
bids
on
Dec,
noon
10, by H. G. Goode, Township
Clerk, for the purchase of the fol¬
lowing 3lk% coupon semi-annual
bonds aggregating $41,895.59:
bonds.
improvement
$32,000.00
Due in from 1 to 20 years.
bonds.
improvement
9,895.59
Due in from 1 to 10 years.
prior to
The bonds are callable
maturity at face value plus 1%.
the Utilities Committee, now pro¬
pose
than
QUEBEC
refunding at something lower
the
interest rate of
current
43/4%; and with well-grounded
hope of scaling the interest down
to 2%, or 2^4% at the most, cor¬
responding with rates on the city
utility bonds, which always find
ready market.
Lewis, Que.
Purchased
Bonds
issue of $184,semi-annual. improve¬
in 1944 to 1963.
314%
Montreal, Que.
Milwaukee, Wis.
Payment
City's Tax Rate Cut Two Cents
Milwaukee
"Sentinel" of
a
follows:
estimate
revised
rate
tax
for
per
for 1944, the city
next
year
will be
$1,000 of assesed valua¬
$21,28
as
holders
of
Wendt, city comptroller,
Wednesday. Combined with the
county tax rate of $9.75, the total
assessment
per
$1,000 will be
$31.01, a decrease of $3.86 under
1943.
until further
ad¬
paid by check at
specified on the bonds.
will be
bonds
rate
the
Holders
are
their bonds
invited
to
have
registered by sending
(with exact information as
in which they should
them
to the name
registered and the address to
interest checks should be
sent) in the case of residents of
the United States, to the Bank of
Montreal Trust Company, 64 Wall
be
which
the
Harrison
&
Co., of Toronto, purchased re¬
cently $515,000 bonds, divided as
City
Interest will be paid, at
Canada.
Leamington, Ont.
Department of
Hall,
Montreal,
Registrar,
Finance,
—
that
1943,
15,
vised semi-annual interest on the
to
ONTARIO
Purchased
1, 1943, and Series
bonds matured Oct.
414%
Street, New York, N. Y., and in
the case of residents of Canada,
CANADA
Bonds
is
matured Sept.
previous¬
announced, it was stated by
the combined rate for
notice
K/2
of city revenues
Announced—*
being given to
Series E 5% bonds
Official
—The
of
&
pur¬
ment bonds. Due
Interest
Because
Laquex
chased recently an
900
WISCONSIN
Nov. 25 reported as
—
Montreal,
of
Rochers
des
option of the holder, in United
States or Canadian currency from
the
both
registers.
follows:
and
after
There
on
1954, and $25,000 in 1955 to 1958.
along
The saving is to be
terest on city
order,
interest payment date,
that the Federal Government may
come
mind.
in¬
tional Bank in New York.
re¬
of their own on the theory
purposes
has
the
to
reserves
hesitate
good
Council
which
investment. Denom.
$1,000. Dated Jan. 1, 1944. Due on
Jan. 1, as follows: $20,000 in 1950
permitting
build
for
general
Bond Call—It is stated that H.
local units to
of money for R. Bentley, City Recorder, is call¬
post-war
use,"
Mr.
Chatters ing for payment on Jan. 1, 314 %
pointed out. "But in the aggre¬ electric revenue refunding bonds,
101
to
300,
to
the
gate these reserves will be rela¬ numbered
tively small.
Apparently some amount of $200,000.
laws
used
be
William
$200,000 issue of -2%% semi-ann.
electric revenue refunding bonds
Burton
Dec.
larly concerned with the financial
problems of municipal govern¬
ment, believe they have found a
way to save considerable money—
not to be squirreled away; but to
^
Bonds
of
"Times"
tion instead of
Utah
as follows: $39,000 in 1944,
in 1945, $41,000 in
1946,-and $42,000 in 1947. ' ;
$40,000
All the bonds are dated July 1,
ly
George,
due as follows:
are
i,
Considered—
Refunding
Seattle
$21.26
UTAH
St.
1.81%.
2
compares
drop of 24.1% for the same
a
States in September,
net
$1,000. Interest J-J. Due July
commented editorially as
year ago.
a
of
of
price
interest cost
a
follows:
City Council members particu¬
Bond
The
sharp decline
a
Steers
Monk,
at
1947, $1,200 in 1948 and 1949,
$1,300 in 1950 to 1952, $1,400
in 1953 and 1954, and $1,500
from receipts of the like
of 65.3%
to
Ottawa,
follows:.
the results for most other States)
(J-J)
he continued.
years,
reported
New York State
$215,500
$162,000 214% Ottawa Civic Hos¬
pital, alterations and exten¬
sions,
bonds.
Denomination
Seattle, Wash.
issued
earlier.
is
Chatters
revenues'
30.9%
1942
levels toward seeking
offered, some cities might feel
Mr.
like
the
over
month, reflecting the shift to beer
in view of the liquor shortage,
but State revenues from beer in¬
grants from the Federal Govern¬
post-war proj¬
are
of revenues
collections
October
in
ment for financing
ects.
-
from the sale of beer rose
ing
alike."
Pa.
township
declare)!
Officers Association,
nicipal
Cook,
receive
.sealed bids until 8 p. m. on Jan.
3, for the purchase of $15,000
2% refunding bonds. Dated Jan.
15,
1944.: Denom.
$1,000. Due
$1,000 from Jan. 15, 1946 to 1960,
optional on and after Jan. 15,
1951. Prin. and int. (J-J)
pay¬
at
Finance
director of the Municipal
at the State level than at the mu¬
Allegany, Pa.
Offering
Borough
ledo,
vices, Carl H. Chatters, executive
have far more
.
It is
able
throughout the country are "sold
more
than they ever have been
before" on the pay-as-you-go sys¬
tem for financing municipal ser¬
is
October last year.
given month lists excise taxes col¬
Favoring PayAs-You-Go System—City officials
"There
October, compared with the like
1942 month, those of the State
treasuries dropped 34.5%
under
pointed
United States
Mr.
according to an
analysis just completed by Allied
Liquor Industries, Inc. The analy¬
sis showed that while spirits rev¬
enues
collected
by the United
States Treasury declined 7.7% in
only 5.5% for last Oc¬
tober,
compared with the like
month last year. However, Allied
Local Units Seen
100.006
100.038
WASHINGTON
their
in
ground
lose
from excise taxes,
cline
UNITED STATES
servation
to
battle for distilled spirits revenues
Interest
10,
the
on
subject from William H. Chesnut.
Secretary of Labor and Industry.
"Based
April
on
payable A-O.
Halsey, Stuart & Co.—-
Continues to Fall-—States are con¬
Federal
Castleberry School
Forth Worth), Texas
low as
1% for
Bonds
Sold — A. D.
Roach
maintain steady
County Superintendent of Schools,
The Governor pointed out that reports that $25,000 4% building
the tax saving to employers will bonds
were
sold to the State
be realized without affecting the Board of Education recently. The
payment
of
jobless
insurance bonds were authorized at an elec¬
1943 Legislature,
roll tax of 2.7%
Liquor
From
Revenue
tinuing
Texas
cently
0.75%
.080
jointly
158, p. 2410.)
McCulloch County (P.
that
ported in part as follows:
Pennsylvania's employers
•save
between
$60,000,000
of
,
13—v.
Jobless
Co.
&
The bonds
the city
all
Dallas, Texas
awarded
were
about
Sale—The
The
—
bonds offered for sale on Dec. 14,
Newport News, Va.
Bond
Sold
Bonds
101.93,
VIRGINIA
said,
he
today,
about
3.95%. Dated
Dec. 1, 1943 and due Dec. 1, as
follows: $10,000 from 1945 to 1955
incl. and $5,000 in 1956. Second
bigh bid of 100.21 for 4V2s was
made
by
Walter,
Woody
&
about
of
basis
a
Ottawa, Ont.
Commissioners have been granted
explaining that ann.
financing now ffor sale on Dec. 13—v. 158, p. 2308
being done is the refunding of old —were awarded to Scott, Horner
Bond Election—It is stated by issues.
The tendency is toward & Mason of Lynchburg, and the
Earl Goforth, City Secretary, that shortening the term of bonds con¬ Peoples National Bank, of Char¬
an election
is scheduled for Dec. siderably and toward the use of lottesville, jointly, as 0.65s, paying
28 in order to have 'the voters serial bonds.
a
price of 100.0085, a basis of
After the war we are going to about 0.644%. Dated Jan. 1, 1944.
pass on the issuance of the fol¬
Heimerdinger of Cincinnati.
lowing bonds aggregating $15,- see a definite tendency toward the Due July 1, 1945. The next high¬
Frackville, Pa.
000,000: $5,000,000 airport, $1,- issuance of a greater percentage est bidder was the Morris Plan
storm sewer, $6,000,000 of callable bonds," he asserted. Bank of Richmond, for 0.75s,f at
Bond Refunding Pending—The 500,000
street opening and widening, $1,- These
give
municipalities
a a price of 100.01. Other bids were
Borough Council is said to have
authorized John Walesky, Bor¬ 000,000 water improvement, and greater amount of flexibility so as follows:
that they can step up their retire¬
Bidder—
Int. Rate
Price
ough Solicitor, to proceed with $1,500,000 street paving bonds.
(This
notice supersedes the ment of bonds in prosperous times R. S. Dickson & Co. and
legal measures to refund bonds
F. W. Craigic & Co.,
election report given here on Dec. and lessen it in hard times.
issued in 1919 and in 1922.
TEXAS
of 100.303,
burgh, as 4s, at a price
recently of the following
314%? semi-annual bonds aggre¬
gating
$41,895,
at
a
price of
100.08: $32,000 Improvement, and
$9,895 Improvement bonds.
chasers
after
date
National
called,
at' the
SASKATCHEWAN
$195,000
2 Vz %
improvement
bonds, due in 1944 to 1948.
320,000 3% improvement bonds,
1955.
due in 1949 to
—Nearly $4,500,000 of capital debt
will
Niagara Falls, Ont.
Bonds
Purchased
—
Harrison
&
of Toronto, purchased re¬
cently, an issue of $327,682 2%%
improvement
bonds.
Co.,
semi-anual
Due in 1945 to 1949.
Bank, New York
City, with coupons due Jan. 1,
1944, and subsequent coupons at¬
tached, for payment at par, plus
accrued interest to Jan. 1, 1944,
Regina, Sask.
Large Debt Reduction Foreseen
be wiped out next year by
Regina it was announced by D. D.
Ross, city treasurer. It will be the
biggest debt retirement of any
single year in the city's history. A
total
in
North
York
Township (P. O.
Co.,
of
Purchased
Toronto,
—
Harrison &
were
the
$3,252,585 is represented
sinking fund consolidated
stock, $1,181,572 in 1944 ordinary
Willowdale), Ont.
Bonds
of
the
pur¬
debentures
and
$24,384 in instal¬
ment-debentures.
'
.
•
"
@FedFRASER