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21194* DEC MONDAY Re«. U. S. Pat. Office New York, Number 4135 Volume 156 Price 60 Cents N. Y., Monday, December 21, 1942 Copy a n DEPARTMENT CITY AND STATE BOND PROPOSALS AND NEGOTIATIONS and COLORADO Lakewood Bonds Voted—At an election on In This Issue of issue Corporation News and the 7 Dec. State and Sanitary District, Colo. authorized voters $180,000 sanitary an CONNECTICUT Darien (P. O. Darien), Conn. Sale Note The — $150,000 tax anticipation notes offered Dec. 14 —v. 156, p. 2082—were awarded to the Home Bank & Trust Co. QUOTATIONS New York Stock Exchange New York Curb Exchange of 16, a premium of $3. Dated Dec. and due May 17, 1943. Day & Co. of Boston, sec¬ 1942 L. R. discount, 0.425% at Darien, plus Out-of-Town Listed Markets ond high bidder, named a rate of 0.445%, Unlisted Securities Waterbury, Conn. Sale Note property. The letter recommended, among other of relief and a reduction of $3,000,000 in corpo¬ rate (operating) expense. The city schools, it was suggested, could The — $800,000 tax Below) Bank & Trust Co., New York Jan. 1, 1943, on the in issued July 1, 1910. $20,000, of Due Jan. 1, $600,000 In War Bonds 1950, callable at the rate of $20,—The following report appeared 000 per year from and after the in the Mobile "Register" of Dec. expiration of 20 years, provided 6: that 10 days' notice of intention The City of Mobile is going to by publication to redeem said invest $600,000 of its funds in Fed¬ bonds shall be given, eral government bonds to help Holders of said bonds,'and cou¬ Urtcie 3am's^r effort. * pons shall present some for pay¬ Mayor ErnesLM. Megginson, Fi¬ ment at the Irving Trust 'Co., Dade County Special Tax (P. O. Miami), Fla. School Bonds Re¬ Validation 11 the as Commissioner, announced yfesterday. this decision permanent improve¬ account, estimated to total its From ment City, on or before date New York Interest ceases on Jan. 1, called. 1943. election and The districts No. 3, $875,000; are: 5, $850,000; No. 7 and No.. 9, No. A technicality in $150,000 each. the 1941 statutes caused final of postpone¬ for proceedings certificates dated to mature Arkansas %% at the Cities Seek ILLINOIS (State of) Increase in Turn¬ $12,000 $15,800 of issue due on bonds sold an now in Forest Hills School Sub- 1928 for District No. 2, according to news reports. The high court upheld Kenton Court's ruling in a suit Circuit brought Highland Ceme¬ the by tery in behalf of itself and other bondholders that the payments either made be must Board's from the Fund, Sinking general funds, or by a special levy. It added the liability was against the whole Kenton school district, instead of only the its tax sub-district. Kentucky (State of) School Corporation Bond Inter¬ Taxable by Federal Government—George L. Evans, out finance director in the State Edu¬ a suggestions were carried tax rate of $8.58 would be cation $9.89 in 1941, and gloomy guesses tion $10.12 for 1942 unless the cuts that drastic. Moline, III. Considered Refunding tion of of Ques¬ mu¬ revenue maturing in and 1937 — pool swimming 1,947 was considered at a meeting of City Council on Dec. 1. III. Peru, Plans Retirement of Light is Certificates—It called atten¬ Department, to the possibility 10 Dec. on boards school numerous might have to pay Federal income tax on the interest from outstand¬ $84,000 refinancing Be May est ample in Chicago, compared with May 5. on next year, 000 in United States treasury its Fox indicated that if the Realty final hear¬ validation of the bonds. ARKANSAS requested was cutting Circuit date of the issues ment approximately $700,000 by early the city will put $500,- — ing for validation of the $2,025,000 4% bonds of various special tax school bonds authorized at an 1 nance county Court nicipal Judge Paul D. Barnes has set Jan. bonds quire the pay Kenton FLORIDA To Invest Dec. 8, ruled that the Kenton County Board of Education must on Board's are 41/2% sewer amount bonds Mobile, Ala. The consider of plus $4 premium. ment fund educational their to highway spending from $2,419,000 to $483,800, and the Cook County forest preserve was urged to reduce its road expenditures from $454,000 to $363,000. Due June 2, 1943. Corp. bid 0.52%, City, at 0.49%. poor $5,000,000. The First Boston ALABAMA in spending by $2,500,000, and their building fund outlays at least were over elimination the items, reduce anticipation notes offered Dec. 17 awarded to the Central Han¬ Miscellaneous (See Index levy of $191,000,000 against Chi¬ $6,000,000 City News 1941 cago sewer disposal plant revenue bonds. specified places where large cuts could be made from the bonds. ing The bonds said, of citizens who form corporations to erect plants for schools and who hold title to the buildings until the school board pays them back through rent. This has been Plant done in affected, it issued those are by was groups school where instances that boards were unable to borrow by the city is planning to redeem in issuing their own bonds. No esti¬ the near future the outstanding mate was given as to the number balance of $20,000 314% electric of schools affected or the total light certificates of indebtedness income tax payments that might of the original issue of $200,000, be required. issued in 1938 to mature serially School bonds falling in the to reported 1958. "holding company category," Mr. Chicago, III. INDIANA Evan pointed out, contained Bonds Purchased by Sinking clauses guaranteeing them to be East Chicago, Ind. greater Fund—The City Council on Dec. 9 tax free, with the result that if Warrant Offering — Albert P. proportion of county-city high¬ passed an ordinance authorizing the income derived by their hold¬ way turnback, has been made by the sale of $550,000 114% refund¬ Lesniak, City Controller, will re¬ ers from interest on them was ceive sealed bids until 2 p.m. on members of the Executive Com¬ ing, bonds of 1943 to the sinking subject to the Federal income tax, Dec. 29 for the purchase of $230,mittee of the Arkansas Municipal fund. Dated Jan. 1, 1943. Denom. the school boards involved might League, in session at Little Rock, $1,000. Due Jan. 1, 1948. Princi¬ 000 not to exceed 114% interest have to reimburse the bondhold¬ Dated Jan. 2, Ark., Dec. 11. The proposal was pal and interest (J-J) payable at time warrants. ers for the amount collected by made during a discussion on'de¬ the City Treasurer's office, or at 1943, and due Dec. 31, 1943. Call¬ the Government. clining revenues and how the the office of the fiscal agent of able on five days' notice to the In a letter to Franklin County purchaser either by registered The investment of waterworks municipalities can recoup these the city in New York City. School Superintendent Roy True, letter or publication in a news¬ losses by favorable legislation by revenue will be done in this man¬ Mr.:Evans advised that an agent City will use the proceeds of paper published in East Chicago. ner. The City Commission will set the Arkansas General Assembly. the of the Bureau of Internal Reve¬ issue to retire an equal Payable at First National Bank up a sinking fund for the retire¬ Mayor Chester Holland, Fort end of one back year. waterworks revenue it proposes to invest $100,000 in Series G 12-year United States Treasury savings bonds. These bonds pay a maximum of 2.75% interest if held until matur¬ ity. They may be surrendered, however, at any interest period, Mayor Megginson said. surplus its From , proposal that Revenues—A cities attempt to secure a South Water Street amount of 4% $350,000 water-sewer Smith, President of the League; maturing in 1953. To Mayor Jared Trevathan, Batesthis fund will be transferred an ville, and Mayor O. W. Neely, original sum of $100,000 from the North Little Rock, were named surplus of about $200,000 which as a committee to confer with has been accumulated in the wa¬ Governor Homer M. Adkins on terworks account. This $100,000 the turnback proposal. will then be invested in war bonds. of ment a bond issue The recommendation was made Mayor Megginson explained that by the committee concerning any $100,000 is the limit which the of the several proposals referred city is entitled to buy in Series G to a recently appointed legislative bonds. committee. The Mayor to substantial amount of permanent improvement fund the in any use El Dorado School District No. 15, Union County, Ark. Bond Call—Harry W. Cawthon, financing municipal projects in District Secretary, calls for pay¬ next year and that conse¬ ment on Jan. 1, 1943, school bonds quently it was decided to make a Nos. 446 to 460, at the First Na¬ majority of the money available tional Bank of El Dorado. the for the war program in the mean¬ He pointed out that time. at the same the city McGehee time will obtain some have been ment securities. Jan. ARIZONA Phoenix, Ariz. Bond van, Qill--Thomas M. Sulli¬ City Treasurer, calls for pay¬ Special School District, Ark. benefit through interest received on both its investments in govern¬ > Cook County State 000,000 Bond Call—Bonds Nos. 3 to called for payment 8 o^ 1943, at par and accrued interest. The bonds, with Jan. 1, 1943, and subsequent coupons at¬ tached, will be redeemed at the Simmons National Bank, Pine 1, Bluff. (P. O. Chicago), III. Group Asks $21,- Realty Tax Cut—An urgent re¬ quest that the major tax spending bodies in Cook County slash their budgets severely and reduce the levies $21,000,000 under 1941 for the City of Chicago alone was contained in amount a said the commission little prospect of being able sees improvement bonds which mature Jan. 1, 1943. letter of 1942 sent to Nov. 23 by the public officials Illinois Association and viewpoint budget muddles on the now tax con¬ Chicago at the' annual luncheon of the Civic Federation in Hotel La Salle. He said it was the duty the their Council Bluffs, Utility The Bond proposal revenue ommend Iowa Issue to Defeated— $1,560,000 issue bonds to finance acquisi¬ tion of the Council Bluffs Gas Co. was defeated by the voters at an election on Lexington had announced intention his IOWA against of and the interest Lee rec¬ assessment on taxpayer's receipt the type of bond in question. : - ■ County (P. O. Beattyville), Ky. Bond Deo. 9. tocks, KANSAS report Lexington taxpayer by a of reason to deficiency a Offering—Elizabeth Mat¬ County Clerk, will Court sealed receive bids until 1 p.m. Coffeyville, Kan. (CWT) on Dec. 29 for the pur¬ Sinking Fund Operation—The chase of $19,000 not to exceed $97,000 water mains construction 4% interest road and bridge re¬ in funding bonds of 1943. Denom. August are being purchased by $1,000. Interest J-J. Due Jan. 1, the sinking fund. bonds authorized at an election fronting the city and the county was expressed by Prof. Simeon E. Leland of the University of of at nue Chicago. tax of Real Estate Boards. Another of taxing bodies to continue levies at the same levels, operate economically, and use surpluses to pay off debts. Charles E. Fox, Executive Sec¬ (P. O. Paris), Ky. Project Deferred For Duration —The county ample levy for Chicagoans to pay, hospital Quotations: New Other construc¬ project, involving an issue of $200,000 bonds approved at the November, 1941, general election, has been postponed for the dura¬ tion. Stock Unlisted Exchanges.. .........2210 Securities 2215 State and ; City Department: Bond Proposals and Negotiations.2177 Gen. Corporation and Invest. News.2187 Dividends Declared and Payable 2180 Redemption Calls and Sinking Fund (P. O. Covington), Kenton County Board The Kentucky Must Notices The Ky. School Page Stock Exchange.. 21R<3 York Curb Exchange........2205 New York tion retary of the Real Estate Associa¬ tion, said $170,000,000 would be an INDEX KENTUCKY Bourbon County Pay Bonds Court of Appeals 2180 Course of Bank Foreign Exchange Capital Flotations Clearings.....,2220 Rates 2186 2216 THE COMMERCIAL * FINANCIAL CHRONICLE 2178 1975, subject to prior redemption the option of the County on any interest due date only on or after Jan. 1, 1965, at the face amount plus accrued interest. MASSACHUSETTS pursuant to the provisions Of Section 157-a of the State Con¬ stitution and statutes enacted pur¬ Bid forms and fur¬ suant thereto. obtained County Court ther information may be the from Clerk. above of Rate interest to Beverly, Mass. County (P. O. Elkton), Ky, Sale—An issue of $20,000 Bond school 3% refunding- bonds was recently purchased by the Bank¬ awarded R. to of Dec. Whitley County (P. O. Williamsburg), Ky. Bond Sale—The $75,000 road and bridge refunding bonds of¬ fered Dec. 10—v. 156, p. 1994— $100,- 16 was W. Pressprich & Co. of New York, at 0.364% dis¬ Due Oct. count. well & Co. of bidder, named Boston, second high a rate of 0.37%. Bridgewater, Mass. Sale The Bridgewater Note — Trust Co. of issue awarded was at 0.48% Nov. Due Dec. 16 on $25,000 revenue notes discount plus a premium of $1. Due Nov. 26,1943. The Mer- 26, of National high bidder, named Bank Nov. Williams Co. rate a Massachusetts (State of) Municipal Debts Reported—Ty¬ Co., Inc., Boston, is making- free distribution of the edi¬ 35th - 27 the to of Allison-; holders, and . Gulf port, Miss.1 Bond Election Postponed-~Election on the question .'of .issuing & Feb. 1. : Hattiesburg, Miss. Additional Details—The $79,000 series A-2 refunding bonds, re¬ cently awarded to a group headed by Jac. P. Ducournau of New Or¬ leans, net at a interest v. 156, p. 1995, price of 100.007, a cost of . about. 2.34.%, were awarded to the Bankers tion of its booklet giving up-to- as follows: $40,000 maturing May Bond Co. of Louisville, the only date financial statistics of the 1, $1,000 in 1947 to 1952, $3,000. bidder. Due on July 1 from 1944 State of Massachusetts, its coun¬ in 1953 to 1962, $4,000 in 1963, as to. 1954 incl. cities, towns and districts. 21/2s, and $39,000 maturing May 1, The bonds were sold as 3V2S, at ties, This edition, contains an outline $4,000 in 1964 to 1969, and $5,000 a price of 103, a basis of about map of Massachusetts, showing in 1970 to 1972, as 2%s. 3.02%. all its political subdivisions. The Mississippi (State of) statistics given show population, LOUISIANA Has $10,500,000 - Surplus—Con¬ assessed valuation, gross and net vinced that tough days are ahead Eunice, La. debt, net debt ratio and per for tax Gas Plant Bonds Called for payers, Governor-Paul B. capita, tax levy, tax collections, Johnson hopes to go out of office Payment—-Refunding Issue Sched¬ tax titles, and a comparison of little more than a year from now uled—The outstanding balance of tax rates. Copies .are available with a surplus in the treasury of $56,000 4*4% first mortgage gas upon request to the bond house. several millions of dollars. plant revenue bonds were called With more than $10,500,000 sur¬ for payment on Dec. > Southbridge, Mass. 1, 1942, at Note Sale The Second Na¬ plus, or, "book balance" as the the redemption price of 103. Dated- the from proceeds of a $46,000 refunding issue and available cash in the municipal treasury. Lafayette, La. Bond 892.50 Details—The Issue refunding $56,- awarded bonds 1 to the Equitable Securities Dec. Corp., Nashville, and Scharff & Orleans, jointly, at Jones of New price of a 100.05, as reported in 158, p. 1994, are divided as fol¬ v. lows: $33,892.50 892.50 1945 due 23/4s, 1944 1960 and $1,- due $2,000 from incl.; $23,000 2^s, $2,000 in 1961 and $3,000 from 1962 St. in to to 1968 Dec. represented Bellevue at have Drain of basis of about 0.99%.. Dated Dec. "at 1, no 1942 on and Dec. 1 railroads sold the Sunset about & to Bonds author¬ May on a group Planters 19 com¬ Trust & ad The sale con¬ following; valorem Denom. $250. bonds. tax Due Aug. 1, as 1943 to 1946, follows: $500 in $750 in in 1947 1956 to to 1961 1955, Waltham tham, Nov. and $1,250 in , in 1947 to at 15, incl. 1952, $1,500 in 1953 1958 and 0.33% 1943. $50,000 Bank of Wal¬ discount. The the to Due Second Na¬ Battle Creek School District, Mich. Note Sale—An issue of $115,000 tax anticipation notes was sold to Tenders Wanted—H. W. City Clerk, will until Dec. of 28 8 receive p.m. Wedge, sealed (EWT) certificates of on indebt¬ edness, series A, B, C and D, dated Jan. 1, 1941. A sum of $7,000 is on hand for certificate retirement. Certificate Carroll, Offering—J. Russell Village Clerk, will re¬ sealed bids until Frederick 8 p.m. on Housing Authority, Md. Jan. 19 for the purchase of $23,Bond Sale—The $55,000 series 500 not to exceed 6% interest cer¬ A, first issue bonds offered Dec. tificates of indebtedness. Interest 10—v. 156, p. 1994—were awarded J-J. Dated Jan. 1, 1943. Due Jan. to Alex. Brown & Sons of Balti¬ 1, as follows: $2,000 in 1944 and more, at a price of 100.098, a net 1945, $3,000 in 1946, $2,000 in 1947 interest cost basis of about 1.582%, and 1948, $3,000 in 1949, $2,000 as follows: For $20,000 maturing in 1950 and 1951, $3,000 in 1952, June 1, $9,000 in 1943, $2,000 in and $2,500 in 1953. The approving1944, $3,000 in 1945 to 1947, as 2s, opinion of Fletcher, Dorsey, and $35,000 maturing June .1, Barker, Colman & Barber, of $3,000 in 1948 and 1949, $4,000 in Minneapolis, will be furnished. 1950, $3,000 in 1951 and 1952, St. Louis Park, Minn. $4,000 in 1953, $3,000 in 1954 and Certificate Sale—The Security $4,000 in 1955 to 1957, as iy2s. National Bank of Hopkins was Mackubin, Legg & Co. of Balti¬ awarded on Dec. 14 an issue of $25,000 1.599%. 1.60s, a net - cost there is $1,837 certificates of indebtedness 3s, at a price of 100.816, a basis as of about 2.69%; Second high bid of of 100.06 for 4s was made by Kalman & Co. of St. Paul. the - first executive to session nary office. If an during v ;' : his have in receive to School National Joseph Sale—The Dec. of educational to Pass Christian, $85,000 2s ^ / coupon -:—r • * Bonds of City. bonds. Hay Springs, Neb. ; Bond Legality by the Kirkpatrick-Pettis Co. of Omaha, NEW ■ bonds consist are of $7,200 1, 1942 and District and $5,000 District No. 3. No. " 5 7 MISSOURI Inter-River Drainage District, Mo. Protective nated—Final - Committee Termi¬ Accounting Made— The Bondholders' Protective Com¬ mittee for Inter-River rail¬ taxes . that amount,. only collected, In 19414 under the new law, $15,042,931 was assessed and $15,018,527 was paid. Only the New Jersey and New York Railroad Bond Issue Details—The $40,000 Boston, as IV4S, as reported in v. 156, p. 1730—were sold at par, are dated Nov. 15, 1942, and ma¬ ture Nov. 15, as follows: from 1943 to 1946 incl. and 1947 to 7. NEW JERSEY $4,000 terest. Voted ... — The , City Bond Sale—The improvement 9—v. 156, N. are assessments 1 of $243,657, 1.3% or less, the State and its municipali¬ ties are 25% more did in $3,657,357, or than they receiving cash 1940 "Under revenue the old under the based ; upon taxes law. T law, franchise net railway new thus predicated High, earn¬ ings of railroads this year will re¬ sult in greater railroad taxes nexf year than have ever been as¬ were of 1941. , sessed upon in New Jersey. bonds to Commission first gen¬ offered 1995—were Based comparisons of earnings re¬ merce J. $142,500 p. by ; total railroad $18,053,032 and 1942, ported , Kearny, eral in - upon revenue . Council'on Dec. 3 voted to refund Dec. "Now, assessments : Gloucester City, N, J. Refunding sounder $3,000 ' .r and accompanied receipt of more cash. operating revenues of the pre-: Interest ceding year form an important part of the total railroad tax. 1942 incl. 1954 , lower 99.9% collection is achieved. With N. H. $1,809,000 school " and , general Approved—Legal¬ funds at riot'more than 3 V2 % in¬ dated Oct. former railroad was taxes assessed HAMPSHIRE Concord, 7 ity of $12,000 4%; funding bonds has been approved by Charles & Trauernicht of St. Louis. The Of the 1, 1942. Legality ap¬ proved by Charles & Trauernicht of St. Louis. " ; % v ''" :- Miss.- the law, 2083--were \ purchased Oct. Forest), under tax was M-N. O. for the first "In 1940, the last year the State A from (P. the Local receive now source defaulted. George Scott County Supervisors Districts will time in almost ten years. assessment Bonds Sold—An issue of $5,700 4% funding bonds was sold to Meridian. cash from this under laws. tax districts Purchaser—The $41,000 funding bonds reported sold in v. 156, p. * of of railroad school sessed. system. Carter experienced were as old year . cash- pay¬ amounting to $18,296,689 were as¬ participate in the purchase of the T. 'preferable Authorized—The airport hangar construction bonds purchased Nov. 2, by Tyler & Co., Dated how * ments are, as compared with doubtful accounts receivable such road Char don, Neb. / school Past operated $243,000 not to exceed 2%% ' the Supervisors District (P. O. Forest)i Miss. ,7, institutions, agen¬ cies NEBRASKA : In County mu¬ war- municipalities. City $14,371,635 Council recently authorized an is¬ the first gas ; of year experience has shown these Mo. made by Baum, Bern- was leimer Co. of Kansas ■ addition District, dated Feb. 1,T943, and due Feb. 1. 1963. Second high bid. of 100.405 of cities of Biloxi and Gulf port will this in railroad tax program. jew St. Chicago, as P/4s, at a price ol 100.089, a basis of about 1.74%, many election. Jer¬ y, he Harris Trust & Savings Bank /: 8 New strained revenues, and clearly es¬ tablishes the advantages ol the >f system of the Southwestern Gas & Electric Co., was approved by the the in operating nicipalities refunding bonds offered Dec. 14-— 156, p. 1908—were awarded to sue at 1942 Jersey, the sum ol $18,99.9% of the total $18,assessed for 1942 upon 053,032 Mo. Bank in School interest refunding voters covering or lailroads -7. on purchasing the natural New of should District, history, fiscal agents of the'state ' Appeals beneficial to the State and its reported as Bond , 7V . paid .law because that rail¬ districts and St. administration. leaves: in • been "Upon receipt of the promised payment by the Central., Railroad share their distribution Said. , $24,029 owes have "The foregoing revenues from 156, p. 1908—were sold at a price of 101, railroad taxes are now available 1 basis of about 1.52%. Due $8,000 ior cash disbursement to the State Teachers Pension on April 1 from 1954 to 1956 incl. Fund, State Louis, his term still not except New and decison of the State Board a Tax .028,993 .'V .Jv-"- .J final Boatmen's extraordi¬ his any program Jersey taxes. Bond Sale Details—The $24,000 school bonds sold to the , 1944, without law-makers into not would view under !%%• January, chief years Railroad under Callable after ten years. end all provisions of the New which of therefore ... Rolla , absolutely governor The York St. Louis, Mo; special session." a the No. 2 Hopkins, Minn. Interest F-A. 100.014 for $9,000 4s, $21,000 H/2s swell; wartime convening the special session, he would be the Scott ceive and time in cost of Clawson, Mich. Aug. second high bidder, offered to Pass Christian, Miss. % Paine, Webber, Jackson & Curtis Bonds Voted—The proposal to of Detroit, at 1%% interest, at issue $72,000 revenue bonds -to par plus a premium of $7.50. provide for the city's share, of the MINNESOTA MARYLAND more, this need for of present the certificate of deposit sey, will have been received in the month in which it was due; to the Mississippi Valley Trust Company, 506 Olive Street, St. -"Following ten years of confus-' Louis, Mo. . irig defaults and continuous liti¬ Secretary of the committee was gation, such complete payment by Wyllys K. Bliss, 506 Olive Street, railroad taxpayers will be most : the treasury more than $2,000,000, it would be the greatest sum in $2,000 in 1959 to All of the bonds are dated to' of payment tax two. The Should MICHIGAN 1962. 1, 1942. annually 1947 sold was National tenders 25,000 acreage bonds. Denom. $500. Due Aug. 1, as follows: $500 in 1943 to 1946, $1,000 to to tional Bank of Boston, next high¬ est bidder, .named a rate of 0.40%. $1,000 1962. continue impetus and Holders . of (for Is) notes Trust 3.496%. sisted of the $16,000 $4,000 1943 Sale—An issue of Note Opel- Co., Sunset, and Charles F. Boagni of Opel¬ ousas, as 3V2S, at 100.037, a basis of the under revised* rail The committee deems its duties acting;% governor was quoted as Tyler & Co., saying that unless some grave par; (for DAs) Waltham Savings strictly state problems arise put Bank, 100.62%; First National of the war, he has no intention of Bank of Boston, 100.32; Arthur convening the Legislature into ex¬ Perry & Co., 100.30. traordinary session. Savings Bank of Opelousas, Bank of due from bids: Other revenue bonds election an O. District $41,000 been posed (P. La. will amount full assessed lor 1942 against all taxes ment of March 20, 1929, as amended, under which it has been it, in the treasury as of Dec, 6, ; present indications are. the under 1, New Jersey railroads paid $16,606,678 in taxes for 1942. This date, of Dec. 3, 1942, it terminated the bondholders' protective agree¬ rate of 0.429%. Weston, Mass. Parish prefers Jersey State and munici¬ > discharged spending. •. '■}. V Although pressure has already Waltham, Mass. been put on him to- call a special Bond Sale—The $20,000 munic¬ session of the Legislature for the ipal relief bonds offered Dec. 10 purpose of dishing out some of the were awarded to the Waltham surplus, Governor Jackson told National Bank, as Is,: at 100.03, a close associates and advisers that a incl. ousas), Sold—The tax. commission 9 by Robert C. State Treasurer: fiscal officers it will pay originally deposited with shortly. The delayed payment in April 1, 1929, and subsequent this instance is necessitated by coupons attached, aggregate the fact that the company which $591.80 per $1,000 bond (propor¬ is in receivership, must await a tionate amounts for bonds of $500 writ of certiorari., from the Su¬ and $100 denominations, respec¬ preme Court of New Jersey to re¬ tively). bonds ; call term Landry ized Corp., second high bidder, named state state¬ a the — Bank of Boston was 1939, and due serially in tional 20 years. Callable on Dec. 1 of- awarded on Dec. 15 an issue of any year. Funds for the payment $106,000 notes at 0.40% discount. of the bonds are to be provided Due May 1, 1943. The First Boston 1, • Payments- issued Dec. "New , Dec. Tax standing certificates of -■ deposit road is being abandoned by the (receipts). Total distributions to Erie system. The Central Rail¬ date (including the above final road of New Jersey owes $l,422,-'f distribution) to holders of cer¬ 315, which amount it has assured* tificates of. deposit, representing the State noted in as sold were Nov. 24, 1942, the as the proceeds of the sale, together with other cash re¬ maining on hand, nets as a final distribution, after payment of all the committee's unpaid liabilities and obligations, $161.80 for each bond of- $1,000 par value, $80.90 for each bond of $500 par value, and $16.18 for each bond of $100 par value represented by the out¬ Electric Co., from Dec., 8 to postponed ment Hendrickson, committee $600,000 revenue bonds to cover the city's share of the cost of the purchase of the gas system, of the was on Jersey (State of) Railroad Following is taken from proposed sale was consummated. pal budget makers had a new and The $135,209.87 received by the pleasant experience last week. On MISSISSIPPI Southwestern Gas 1912 approved by all of the certificate :as V New due was Minneapolis, . remaining accounts receivable and owing to the committee by the Newco, Land Company, re¬ ferred'to in v. 156, p. 1563,, was '$7,000 bonds' -Monday, December 21, 1942 the ( . issue, of bridge awarded 2s. Boston, 0.50%. ler & and Mer¬ The 1943. chants of Sale—An 15, 1943. Hunne- second Co. of Louisville. Bond ers Str Martin, Minn, » road issue offered notes an Todd Sale—The Note 000 be of 1%.. only in multiples of * Bond at Issued . ; < ten the Interstate months of Com¬ during 1942 the with those in during the same ten months 1941, assessments against seven systems alone are expected to ex¬ awarded to J. S. Rippel & Co. of ceed $20,000,000 in 1942. Newark,: as 1.80s, at a price of "Thus, in 1943, under the new 100.153, a basis of about 1.78%. the State will receive Dated Dec. 1, 1942 and due on program more revenues by several million Dec. 1 from 1943 to 1957 incl. Sec¬ ond dollars than it would have been high bid of 100.26 for 2s was by Halsey, Stuart & Co., possible to levy under the old and Dist., Mo., under date of Dec. 8, Inc., New - York., Among other outmoded railroad tax law. This advised holders of certificates of offers was one of 100.56 for $142,- fact in itself justifies the legis¬ lative act by which a thoroughly denosit (receipts) for bonds pf the 000 2.10s, made by M. M. Free¬ sound tax structure was substidistrict that the proposed; sale of man & Co. of Philadelphia. Drainage made , tuted for fiscal ready .thrown the State into chaos. which, the 1943 upon levy will tax be based, appear as follows: *■' Net Railway New $7,479,458 Jersey., pe.aware, Laeka- of . Western wanna, ■ Valley.,.. York New N. Central SusqueWestern Y., '"hanna, Pennsylvania. .... increase . _ „„ ■ . , Niagara Falls, N. Y. Sale—The $68,000 8,945,461 4.9 18,673,904 9,098,682 49,908,955 9.1 1941 10.7 gains accomplished by the revision of New Jersey's rail tax law. Between 1932 and 1940, railroads had defaulted payment over $10,000,000 of these delin¬ quencies were owed to the State Teachers Pension Fund. Over most , $7,000,000 was Another tricts. counties the due distribution for 0.73%, plus a premium of $2. ' the $34,000,000 in taxes to the State and its municipalities; Al¬ of Hutzler, of New York, second high bidder, named a rate ' of to school $17,000,000 dis¬ Pelham Manor, N. ' Sale—The Bond all the on ized ,at for for PENNSYLVANIA a Allentown, Pa. • : ; - . ment to the various claimants en¬ • titled to the same under the laws applicable to the distribution thereof. During this period of , author;, fered election, on were awarded to the Harris Trust certified check $100, payable to the village. & Bank, Chicago, and Dougherty & Co., Philadelphia, jointly, as l!4s, at 100.444, a basis of about 1.205%. Dated Jan. 1, 1943, and due $30,000 • Lorain, Ohio ' Bond Sale—The Moore : County (P. n. . .' Carthage), O. c. ■ . issue of Serial Notes Sold-r-An $34,000' sold the to of Bank made Co. by McDonald-Coolidge Cleveland.- of Third Dale best Pine- By entered Inc. 1955, and $125,000 in* 1956. Rate unprecedented war-time taxation, of interest to be in a-multiple of such a distribution of the millions Vi or one-tenth of 1%, and must .1 now impounded by litigation be the same for all of the bonds, would have a highly beneficial Principal and- interest payable at County Treasurer's ' office; and stabilizing effect upon The the fiscal structure of. both State and with New York exchange, or at 1 the Irving Trust Co., New York;local government." Valid and legally binding general Pateraon, N. J. obligations of the County, all the Bond Litigation Sought—Leo- taxable real property - within pold Frankel, a local attorney, has which will be subject to the levy advised the city of his intention of ad valorem taxes to pay the to ask the State Supreme Court bonds and interest thereon, with¬ limitation as i to ; on Jan. 19 to grant a writ of cer¬ out rate;4 or r • , < tiorari bring under review an to The amount. bonds are issued providing for an issue pursuant to Section 8 of the Gen¬ sewer reconstruction eral Municipal Law, as amended, was passed by the for the purpose of refunding a like Board of Finance on Nov. 5. Su¬ principal amount of outstanding In the event preme Court recently dismissed, bonds of the county; without comment, the petition of that prior to the delivery of: the Attorney Frankel for review of bonds the income received by pri¬ ordinance of $10,000 i bonds • „ which the legality of an issue bonds—v. 156, p. 2083. of $39,000 Amherst No. 13 District (P. O. Eggertville), N. Y. Bond Sale—The $14,000 refund¬ ing bonds offered Dec. 16—v. 156, p. 2083 Marine — awarded to the were Trust Co. of Buffalo, 2s, at 100.30, a basis of 1.945%. Dated Nov. I, 1942. as about Due 1, 1948. Only other, hid, an offer of 100.10 for 2s, was made Nov. the Manufacturers & Traders Trust Co. of Buffalo. ■ ■■/.. 'by ful bidder may, at relieved of (P. O. Tarrytown), N. Refunding T. Y. Issue Approved—H. O'Brien, Director of Municipal his the contract to and in such bonds of "the his election, be obligations under purchase the bhnds the deposit'ac¬ case bid will- be- re¬ turned. The approving opinion of Vandewater, Sykes & Gallo¬ way, of New York, will be fur¬ nished to the purchaser ^without cost.' Enclose a certified check fdr companying his $7,000, payable to the county/ Yonkers, N. Y. looking has will furnish the bonds and the ap¬ ohio j. 4,// Champion Township (P. O. Route • 4/ Warren), r Ohio 1 Bond Offering—Fred E. Banks, Board of Trustees, will receive sealed bids until noon Clerk,' of- the on: Jan. proving opinion of Squire, Sand¬ ers^ Dempsey, Esqs., of Cleve^ land. No bid for less than par and accrued interest. fied check for , - . . lies within the State. decision is voided States sd&w. is Court,- 'assuming appealed by the city to that/ tribunal, : the * municipality will be required to> pay about $200,000 for taxes, penalties and interest running back to leases the railroad for effective. The Price . Co. of Oklahoma Yonkers, at 0.60% annual rental to the Cincinnati, 14, 1942 »and New Orleans and Texas Pacific March 15, 1943. Issued to fi¬ Co., a part of the Southern Rail¬ ' system. • , " Bond of Education will OREGON """" Bond Offering—Elsie O'Rourke, City Auditor, will receive sealed bids until 8 p.m. on Dec. 21 for of $36,000 not to ex¬ interest refunding light and' power bonds. the purchase ; School District, Ohio Offering—The Clerk of the Board City—v. 156, p. Monmouth, Ore. ceed Columbus 4%% city Dated Dec. way $15,000 1996—were sold at par. : re¬ 314% electric Interest F-A. The — Borough . Johnstown the acquisition boroughs of Water Co., in by the an attempt to block the efforts of the city government to acquire the utility. Frank Rhoads, Borough Secretary of Dale, was instructed by the Council to arrange a meet¬ ing of the Cambria County Bor¬ ough's Association to consider the proposal. Duryea, Pa. Bond Offering William Ma- — ziarz, Borough Secretary, will re¬ ceive bids sealed until 8 p.m. on Dec. 29/for the purchase of $170,000 not to exceed 414% interest judgment funding bonds. coupon Bidder to of the follow¬ name one 314%, 334%, Interest J-J. 1, 1943. Denomina¬ tion $1,000; Due Jan. 1, as follows: $15,000 in 1944 and 1945, $16,000 in 1946 to 1948, $17,000 in 1949, $18,000 in 1950 and 1951, $19,000 in 1952, and $20,000 in 1953. Pay¬ interest ing rates: 4%, 414% or Dated Jan. able tax 4i/2%. deduction without for any taxes (except succession or inheritance taxes) now or here¬ or after levied under any assessed or thereon future law of the Commonwealth, all of which taxes the borough assumes and as present or to pay. Registerable principal only. These obliga¬ will be payable from ad agrees to tions valorem taxes limitations within placed the by taxing law upon The bonds will be sold highest responsible bidder, provided such bid is not less than par and accrued interest. The highest responsible bidder shall boroughs. to the be the one who, having complied sale, offers with the conditions of to take the issue at whole the amount of the interest lowest cost to the borough, which shall be de¬ termined by deducting from the total amount of interest to be paid on account of such bonds during life thereof, the amount of premium offered, if any, over and airport bonds awarded Nov. 24 to National. Bank & Trust tional Bank of interest. Paid—The to neighboring the Okla. the First $1,500,000 a OKLAHOMA '/./ Gage, Supreme that it Unless the by the United 11 awarded to the First Na¬ , , icates of indebtedness offered Dec. were certi¬ Board of Education. 1936, the that Kentucky's income tax certif¬ a purchase of Solon, Ohio $20,000 not to exceed 3% interest Bonds Tendered—In connection fire apparatus and building bonds. Interest A-O. Dated Jan. 1, 1943. with the call for tenders on Dec. Denomination $1,000. Due $1,000 7 of refunding bonds, dated July April and Oct. 1, 1944 to 1953. 1, 1938, W. F. Robishaw, Village Rate of interest to be in multiples Clerk,- reports that $4,000 were of % of 1 %. These are the bonds offered at a price of 97.50, $5,000 authorized at the general election at 99.75, and $1,000 at par. held on Nov, 3. The. Board of West Alexandria, Ohio Trustees to pay for printing of Bond O f f e r i 11 g—Jeanette G. bonds; purchaser to pay for opin¬ ion as to legality and expense of Meier, Village Clerk, will receive sealed bids until-noon on Dec. 29, shipping. A certified "check for $200, payable to order of the trus¬ for the purchase of $13,000 4% Interest tees, is required. V .///:,,; fire apparatus bonds.' M-S. Dated Dec. 1, 1942. De¬ Cincinnati, Ohio -nomination $500. Due $500 March Railroad Held Subject to Ken¬ and Sept. 1, 1944 to 1956. Bidders tucky Taxation—Under a decision may bid for a different rate of rendered by the State Court of interest in multiples of 1/4 of 1%. Appeals at Frankfort on Dec. 11, No bid for -less than par and acthe city is required to pay the erued interest. Authority: Sec¬ State of Kentucky $30,000 annu¬ tions 2293-1 to 2293-37 of the ally in income taxes, the court General Code of Ohio. Enclose a having upheld' the State's levy on certified check for $500, payable that portion of the city-owned to the Village Treasurer. and privately-leased railroad that became Sale—The $500,000 Enclose $150, payable to the the for 2 law Note i reports - that State due Comptroller Joseph V. O'Leary nance revenues receivable as of approved an issue of $110,000 Dec. 31, 1942. Payable at the Cen¬ refunding bonds> to be dated not tral Hanover Bank- & Trust Co., earlier than March" 1, 1943, and New York, or at the First National mature $10,000 on Jan. 1 from 1953 Bank of Boston. Legality approved to 1963 incl. by Hawkins, Delafield & Long¬ Hempstead and North Hempstead fellow of New York City. Other bids: First National Bank.of Bos¬ Union Free School District No. 5 Accounts, as year . Greenburgh from type and character shall be taxable by the terms of any Fed¬ eral income tax law, the -success¬ School Common holders vate same NEW YORK t Johnstown Council took initial step on Dec. 9 ! v- O. Johnstown), Pa., (P. Oppose Water System Purchase of 100.01, also for was by Halsey, Stuart & Co.; bid notes anticipation bond was 6 j tion $1,000. Due Jan. 1, as fol¬ lows: $50,000 in 1954, $175,000 in Webster . . hurst, Denomina¬ J-J. Interest 1943. Savings W. • ■ and $98,000 refund? ing bonds offered Dec. 14—v. 156, on Jan. 1 from 1944 to 1963 incl. p. 1910 — were awarded to the Ohio Co. of Columbus, as 1V2S, at Second high bid of 100.192 for bearer without option of registra¬ IV4S was made by the Union a price of 100.48, a basis of about tion and'.bear interest payable at An ac¬ I.42%. Dated Dec. 1, 1942 and Trust Co. of Pittsburgh. maturity." count headed by Shields & Co., due semi-annually-on May 1 and New York, third highest bidder, Nov. 1 from 1945 to 1951 inch NORTH CAROLINA Second high bid of 100.11 for IV2S offered 100.678 for l%s. was payable to municipalities. Over : $10,000,000 was owed to Jersey "City alone. ' '*■ • $600,000 fund¬ improvement bonds of¬ Dec. 15—v. 156, p. 1996— ing 0.75s,. at a price of Macedonia Rural School District, Refunding Issue Approved -An 100.008,-a basis of about 0.745%'. Ohio issue of $50,000 refunding/bonds Due Dec. 1, as follows: $11,000 in Bond O f f e r i n g—Marguerite has been approved by State Comp¬ 1943 and 1944 and $12,000 in 1945. "Under the railroad- tax set¬ Forbes, District Clerk, will re¬ troller "Joseph V. O'Leary. )They ceive sealed bids until noon on tlement act more than $16,000,000, will be dated not earlier ; than Washington Public Sckool District, Dec. 31 for the or almost one half, has been paid purchase of \ *;• n. c. March 1, 1943 and mature $5,000 on account of • these back taxes. $15,000 not to exceed 5% inter¬ Bond Sale—The $10,000 refund¬ on Jan. 1 from 1944 to 1953 inch est improvement bonds. Checks tendered by the railroads Interest ing bonds offered Dec. 15—v. 156, A-O. Dated Sept. 1, 1942. in payment of this $16,000,000 are Suffolk County (P. O. Riverhead), De¬ p. .2084-^-were awarded to the : nomination ' : L-w held by the State Comptrol¬ N. Y. '. $1,000. Due $3,000 Guaranty Bank & Trust Co. of Oct. 1, 1948 to 1952. ler and the State Treasurer sub¬ Bond Offering—Ellis T. Terry, Rate of in-" Greenville, as;2s, at a price of ject to the outcome of current County : Treasurer, will receive 100.16, a basis of about 1.98%; terest to fye in multiples of 14 of These bonds were author¬ litigation concerning the consti- sealed bids until 1 p. m. (EWT) Dated Jan. 1, 1943 and due Jan. 1%. ized at the election held on Aug. on Dec. 22, for the purchase of tutionality of the act. 1, 1952. The City Sinking Fund "A favorable court decision $350,000 not to exceed 4% inter¬ II, 1942, and are payable from a Commissioner was second high tax unlimited as to rate or would make this vast sum im- est coupon or registered general bidder-,,offering par for 2s. /' 4 amount. The Board of Education mediately availbale for disburse- refunding bonds. Dated Jan. 1," : Sale—The Bond multiples of general 1, 1937. July 1, on from 1948 to 1956 incl. different a Due Dated Boston, or at the New York Trust Co. against payment;'; and are payable to Nov. 1, ,i Enclose First National Bank of series 1, 1942-and due $1,000 from 1947* to 1961 inch high bid of 100,36 fot 2.20s was made by C. F. Childs & Co. and Sherwood & Co., jointly. the Nov. 3. -\ ' / bid may rate of interest in ,The certificates will be deliv¬ ered on or about Dec. 14, at the ''VP Second Y. be levied may amount. . Dated Nov. Rye, N. J-J. July Dated $500, Denomination $1,000. Jan. 1, 1945 to 1952. $1,000 Bidders . refunding bonds offered Dec'. 14—v, 156, p. 1996—were awarded to Newburger, Loeb & Co., * of New York, as 2.20s, at a price of 100.40. a basis of about 2.16 %\ was on Interest bonds. Jan. 1, 1943. revenues property within the City without/limitation as to rate or 64 on Denom. ment taxable Y.,, ] / / $15,000 the $18,000. noon for the binding obliga¬ payable in the from Dec. 26 purchase of $8,000 4% fire department building and equip¬ A. of 1%. These are the bonds premium of 23.8 .41.3 sealed bids until be are which Dated Dec. 15, 1942 and due Dec. 1, 1943. Salomon Bros. & from and 1942 may certificates Moro, Ore. Bond Call—C. V. Sharp, Village. Clerk, will receive Due $3. expected further increases in 1943 do not tell the whole story ' Co. Belknap, City Treasurer, has called for payment on Jan. I, 1943, 4% refunding bonds Nos. 5 to 40, aggregating anticipation of which they are issued, but if not so paid, payable ultimately from ad valorem taxes Buffalo, at 0.70% interest, plus a they with, in 2083— p. 41.3 and about 156, & Traders Trust Co. of receipts in taxes 628,354 81,791,327 14—v. instance filed be where The of first issue indebtedness of will and legally the city tions awarded to the Manufacturers was . 9,382,111 777,937 115,570,557 bank, inspected. Certificate certificate issue said Co., New York, only other offefed Dec. 6G.4 $4,493,480 L "Increased" cash railroad ■ 20,379,351 10,070,245 70,531,750 • Erie Lehigh . this valid 1941 - Nov. 1 from Bacon,.Stevens- to on bidder, offered 100.36 for 2.70s. Operating Income October 31) 1912 Railroad & son Per cent Railroads due 1943 to 1960 inch (.10 months ending Central 1942 and 1, • . earnings increased "The land 4 Electric Illuminating t(^ ^uinenessthe First National Due in 10 years. Boston, and a duplicate Frazeysburg, Ohio Bond. transcript of legal papers incident Offering — Homer al- had which 2179 0 oi l burger, Loeb & Co: of New York, •and autheutic^d validity by fs 2.10s, at a pnce of_ 100/541,. a Bank of basis of about -2.05%. Dated Nov. outmoded method an taxation railroad & FINANCIAL CHRONICLE THE COMMERCIAL Number 4135 Volume 156 Dated Feb. 1, 1943. above the face amount of the issue. The to enactment at any time prior the delivery of the bonds, of Federal legislation which in terms, by the repeal or omission of exemptions or otherwise, subjects to a Federal terest on income bonds of a tax class the in¬ or acter which includes these char¬ bonds, will, at the election of the pur¬ chaser, relieve the purchaser from his obligation under the terms of the contract of sale and entitle the purchaser to the return of the amount deposited with the bid. These bonds are issued subject to Due Feb. 1, 1944 the favorable opinion of Townssubject to call Feb. 1, end, Elliott & Munson, of Phila¬ 1946, and any interest paying date delphia, and will be delivered to ment bonds. thereafter. The approving opin¬ the purchaser only if and after the ion of Teal, Winfree, McCulloch, proceedings authorizing the Euclid, Ohio ton, 0.68%; Leavitt & Co., New (P. O. New Hyde Park), N. Y. Issues Bonds—The City Council Shuler & K'elley of Portland _will issuance have been approved by Bond Sale—The $23,000 school York, 0.72%, and National City the Department of Internal Af¬ Enclose a certified site bonds offered Dec. 10—v. 156, Bank of New York, 0,84.%, plus (recently issued $247,000.2lk% de~ be furnished. fairs. Enclose a certified check for The certificates will- -be linquent tax bonds to the Cleve¬ check for $750. p. 1909—were awarded to New- $7.50. ceive sealed bids until Dec. 29 for the purchase of $95,000 improve¬ Denom. to $1,000. 1951, . •- Commercial and Financial Chronicle (Reg. U. S. Patent Office) William*B/ Dana Company, Publishers, 25 Spruce Street, New York, BEekman 3-3341. Herbert D. Seibert, Editor and Publisher: William Dana Seibert, President: William D. Riggs, Business Manager. Published, twice a week [every Thursday (general news and advertising issue) with a statistical issue on Monday J .Other offices: Chicago—In charge of Fred H. Gray, Western Representative, Field Building/Telephone State 0613). London—Edwards & Smith,1 Drapers' Gardens, London, E.C. Copyright 1942 by Wilham B. Dana Company. Reentered as second-class matter February 25, 1942, at the post office at New York, N. Y„-under the Act Of March 3, 1879. Subscriptions in United States and Possessions, $26.00 per year; in Dominion of Canada, $27.50 per year. South and Central America, Spain, Mexico and Cuba, $29.50 per year; Great Britain, Continental Europe (except Spain), and Africa, $31.00 per year. NOTE: On account of the fluctuations in the rates of exchange, remittances for foreign, subscriptions and advertisements must be made in New York Asia, Austraa* funds THE COMMERCIAL & FINANCIAL CHRONICLE 2180 2% of the bonds, payable to Bor¬ ough Treasurer. Robinson-Humphrey Co. of At¬ lanta, as reported in v. 156, p. 1912, in. $1,000 denominations and mature $25,000 on Nov. 1 from Norfolk, Va. Bond are Philadelphia, Pa. 1%—Or¬ dinance providing for lowering of the municipal wage tax from 14/2% to 1%, effective Jan. 1, 1943, was signed on Dec. 10 by Mayor Wage Tax Reduced to by hour an passage ordinance tax-cut the voted Final Samuel. Bernard of was Council less than before the Mayor signed City The reduction was the measure. approved by Council after com¬ pleting consideration of the 1943 budget and only, after city finan¬ cial officials said they were con¬ vinced the cut could be made with The cut was made feasible safety. by prospects of increased revenue next enabling the Receiver year, his increase of Taxes to estimates of city income. A original 1952 ment M-N, Interest TEXAS Trust William to Co. & Edwards N. of to the Washington Co. Feb. from 15 1943 posed Co. after issue. date of five of from York, years made by Rauscher, Pierce & and Co. 1 Breckenridge, Tenders Wanted—E. of bid made Texas Treasurer, payment the call for announces March City & of Paterson. 98.68 for Radford, of was sewer revenue bonds. 1, 1942. Interest F-A. $1,000. Due on Feb. 1 from 1945 to 1971 incl. Bond Sale Details—The $30,000 bonds purchased and construction interest payable Principal the City at 1, 1951, $1,000 in 1952 and 1953, $1,1954, $3,000 in 1955, $3,500 in 1956, $4,000 in 1957, $1,500 in dered office. by the system 500 in in amounts sufficient to Trust Co., New ' Bonds Sold—An issue of therefor $20,000 public improvement bonds, auth¬ orized at an election on Oct. 27, Spartanburg, S. C. was recently sold to Scott, Hor¬ Bond Sale Details—The $125,000 ner & Mason, of Lynchburg, as 2V2% refunding bonds sold to the iy4s, at a price of 100.50. / York Gair and a Gas including those called list of corporate called for stocks common under bonds, notes, redemption, sinking fund provisions. The date indicates the redemption or last date for mak¬ ing tenders, and the page number gives the location in which the details were given in the "Chronicle." Company and Issue— Alabama due Great Southern Date RR., 1943 Alleghany due 1st consol. mtge. Corp,, 20-yr. collat. trust Dec conv. 5% Page //, bonds, _________ 23 2093 ____ due A, 1964 -* ___; Washburn Co. of New due of due series Corp., 1st International 1st & Paper Kewanee 2034 Mercantile 6 v2 % & Feb. Improve, 1, mtge. 1 1 2096 1943— bonds, series G-2, due 30 1%% equipment trust certificates, due Feb. 15, 1943_Dec 30 equipment trust certificates, due March 1, 1943__Dec 30 Chicago & Southern Air Lines, Inc., preference stock__Jan 1 2% Cleevland & Cloverland Pittsburgh RR., general mortgage bonds___Dec Dairy Products Co., Inc. 1st mtge. GV2s, 31 1949 1st" mtge. 6'/Z% 1945, 5% bonds, due July due 1946 5% Steel ref, Iron 5s_ mtge. Co. Corp., due 1st mtge. 6% County y due bonds extendedT fas of Co., 1st mtge. —Dec 3V2S, series 2132 1 2039 1 2040 1 New 1st Oil preferred Corp., mtge. due 1948 Dayton Union Ry., 4% mtge. bonds, due 1949 Jan Denver Tramway Corp., gen. & ref. mtge. bonds, due 1950_Jan Dri-Steam Products, Inc., 5% convertible notes 1 2128 1 1862 1941 Jan 2 Co., 5Vg % bonds, due 1947 Dec Eastern Car Co., Ltd., 1st mtge. 6% bonds, due 1952 Jan Fairbanks, Morse & Co., 20-yr. 4% debentures, due 1956_Feb 28 1872 1 1960 ______ tSee Volume 155. grouped in two separate tables. In the bring together all the dividends announced the we we Then we follow with second table in a show the dividends declared. The dividends announced this week 31 1691 are: 2135 1 2041 2136 Feb 1 2128 2129 1 1047 1 2037 Co. preferred stock Dec 23 6% deb., due 1950Dec 30 prior lien bonds, secies A, 3%% debentures, due 1954 —Dec. Electric Corp. $4 preferred stock-Dec 1st mtge. bonds, due 1960 Jan St. Louis Public Service Co., Salmon River Power Co., Air mtge. 6% Line 1st mtge. 5s, due 1959 trust Extra Aircraft Air t2288 1868 1611 Reduction . * 1332 1 2044 13 1869 and Alliance 25c 40c 12-19 12-29 12-21 1- 1- 12-15 2 2 12-15, 12-24 (quar.) 10-31 25c (s-a)____ 12-29 4 27c 1-15 12-31 25c 1-15 12-31 1 10-23 10c 12-28 12-21 $3.75 1-2 12-19 t$2V4 1- 1 1- 2 $1 12-15 12-21 Corp., 6% pfd. Co. 12-23 12-17 $3»/2 12-23 12-22 12-15 12-11 A —.1 Arch 12-19 $2yac Amalgamated Sugar, 5% American 12-21 $16 ..Investment (accum.) pfd. (quar.)__ (year-end) i2y2c Extra 1 1-16 12-24 12-17 50C 12-24 12-18 25c B 2- 75c Bakeries, class A (quar.)—_______ (irregular) 12-24 12-18 $l'/2 12-24 12-18 8c 12-31 12-16 American Car & Foundry, 7% non-cum. pfd._ $1% 12-31 12-22* 15 c American Business. Credit, 1958 Jan 1 2046 American European $6 preferred — (quar.) A $5 — Securities (year-end) mtge. class Dredging Co. American 31 Samaritan ref. preference (Pittsburgh) . American Discount Co. of Georgia (quar.)___ Dec (Good 1st of Hoc. 2 1- 50c — Trust ' 20c (s-a) Allen Electric & Equipment (quar.)_ Alliance Insurance (Phila.) (year-end) Class 1694 bonds, series A, due July 1, 1949 Co. $3 $1 American 1st B ' (year-end) Corp. conv. pfd. (quar.)_ Electric Appliance Corp.—ii & Susquehanna RR, Co. (reduced)- 2045 Ry., Co. : Allegheny 1868 1 Florida ; Mfg. Accessories Extra 23 Ry.-Seaboard-All (quar.)——__ Algoma Steel Corp., 5% 1 1 Co. — Ainsworth Albany 21 31 Share Air-Way Dec of Charity of Cincinnati Hospital and Seton High School) collat. Insurance 2042 1st mtge. 5% bonds, due 1952_Feb bonds, series A and series Sisters Name of Company 2042- 1st Holder* Pav'ble - Abercrcmbie & Fitch, $6 preferred (s-a)____ Aeronautical Securities (year-end)— Extra _jan Co., 2042 When Per Aetna 1 Realty Co., Philadelphia Rapid Transit Co., real estate 1st mtge. 6% gold bonds of C. Benton Cooper, due Jan. 1, 1944_Jan Pittsburgh Suburban Water Service Co. 1st lien & ref, mtge. 5% bonds, series A' Jan Seaboard dated, 15, 1 Jan 1958 2133 1 preferred stock Railways Corp., Northeastern Water & 2128 Fruit 1615 1955——Apr due 1690 1776 Jan 6s, 1958 American Parkview 15 July ——Dec 31 -— debentures, 1690 2040 2040 * & St. Louis RR., 1771 _Jan stock 6% 1st mtge. 5s, due previously announced, but which have not yet been paid. Further details and rec¬ ord of past dividend payments in many cases are given under the company name in our "General Corporation and Investment News Department" in the week when __Jan stock 1st Coal 2127 2128 Earl York due B.) 1 2128 preferred (Geo. 1 2128 6% first ••• 1st 1 ! 1695 2047 are current week. which • New Mexico Gas Co.— Corp., North Jan 1960 Co., Dividends .■ Jan 2096 5 bonds, due stock— 20-yr. 2141 1 15 28 conv. DIVIDENDS 1865 A,' 1966 Jersey Worsted Co., 15 4% preferred 1st mtge. 6s, due 1944 _Feb 6% debs., due 1945——Dec 1157 2039 bonds, series! ; Electric New Jan mortgage Page . _„________^_Jan 1946—. 1949 Apr 1st 5V2% Ltd., 10-yr. •Announcements In this Issue. 1691 Jan stock___ Co., Ohio Gas 2040 Jan preferred Co., Corp., -—Jan Indiana 1 Haven Cumberland County Power & Light Co.— 1st mortgage 3 V2V0 bonds, due 1966 $125,- Date —-Jan 1946, 1947, 1948 and 1951 514 26 New debentures, — ^Continental ;r 1934lDec 1949 1, Dec Inc., /, „ due 1946 Lime 2 2036 25-yr. Department' Stores, Arthur, Ont. Sold—An issue of 1952 1st mtge. 5s, due 1951 Jan Corp. of N. Y. collat. trust mtge. bonds, series f *, Nehi 1 of 1871 West 21 Co., 1960 price 2141 Walworth New York, Chi. Continental Bonds Securities a 1 series A, 2131 2036 Coal Port a total dollars of at 1 2038 2 __Jan Consolidation $45,000 2 1 prior lien bonds, due 1952 Jan Inc., secured 5y2% bonds, due- 1949 due ___ Dominion Toronto, Joseph, Alberta, 1st 6s, due 1937-1948-—__Jan E.) Mfg. Co., 7% pref. stock—Jan Standard Bleachery & Printing Co., 5'/a % mtge. bonds, 28 Newton I, the of Texas Southwestern Gas Co., 1st mtge. 4%s, due 1956—Dec United States Steel Corp., serial debentures, due 1944, i 1950 ser. to Corp. (A. Jan 1688 1968 3MiS, Ont. improvement bonds has been sold Company and Issue— Studebaker 23 1 mtge. Peterborough, Bonds Sold—An issue of Staley Standard 4 < 30 1st 2131 1 __Dec _ Co., by the Dominion Securities Corp. of Toronto. Sisters of St. \lConn. Ry. & Lighting Co. 1st & ref. 4y2s, due 1951____Jan Consolidated Biscuit Co., 1st mtge. 5Mas, due 1946 Jan Edison were ond high bid of 102.277 was made of purchased million Page mtge. ser. A 5% conv. bonds, due May 15, 1951—Dec 28 1st mtge. series B 5% bonds, due Nov. 15, 1954 -Dec 28 Newport News & Hampton Ry., Gas & Electric Co., 1st & ref. mtge. 5s, due 1944 Jan 1 dated 1928 Commonwealth 9 to purchased by Cochran, Murray & Co. of Toronto, at a price of 102.11. 4V2% Properties, Narragansett Dec .___ improvement Dec.c Fairclough & Co. of Toronto, at a price of 103.07. Sec¬ mittee Mississippi River Pwr. Co. Mortbon B, 0.60% awarded school 1941, when the finance com¬ adopted a policy of invest¬ 31, Field & Co., 1st mtge. 3.6% 20-yr. bonds Dec 27 Mayaguez Lgt., Pwr. & Ice Co. 1st mtge. 6J/2s due 1953-Jan 1 Chesapeake & Ohio Ry.— Ref. offered 2040 Mar Co. and bonds 289 3V2% improvement bonds was 1st and ref. mtge. 5% bonds, due 1944—______—Aug 1 Lexington Ry. 1st mtge. 5s due 1949__—_____ Feb 1 Libby, McNeill & Libby, 1st mtge. 4s, due 1955——Dec 31 Louisville & Nashville RR., unified mtge. 4s, due I960—Jan 1 Miller Co., preferred stock________Jan ______ Gas bonds, general na¬ Decem¬ dollars Hill, Ont. $35,600 3V2% Sale— The government securities since March 1st and ref. mtge. s.f. bonds, _Feb 1944 l1 Indiana & & Public Service Co., 1, 1949— McCormick's Ltd., 1957 1st Coal due July 2034 due forty-three bonds, due 1950________________ _Jan City Gas Co., 1st mtge. 5s, due 1946——____—Feb 1 Central 4 % dollar million The State has of Marshall Central Gas & Electric Co,— 1st lien collateral trust 6% bonds, 1st lien collateral trust 5 V2V0 Co. Clearfield 8 Corp. 1957 lien 1950 mtge. 5% due « due rate 101.77. Telephone & Telegraph Co.— * ' r 1st mtge. 6% gold bonds, series A, due July 2, 1943—Jan Illinois Communities Telephone Co., 1st lien 6% gold bonds, series A, due Jan. 1, 1949— :_Jan ____Jan due 5y2s, Forest Bond Govern? tificates. 2130 mtge, junior mtge. one Home due March 1, 1946_Feb bonds, due Dec. 1, 1946-Feb Central Hollywood Bldg. Co., income leasehold mtge. bonds Central Indiana Gas Co., ref. & impr. mtge. 5 % bonds, Terminal bonds, 1st More Dec Corp., name CANADA 3% 6V2S, due 1944-___-<___„___Mar 15 B Herbrand to interest, expressed in a mul¬ tiple of ]/4 or 1/ 10th of 1%. Prin. $3,500,000 of the new long-term 2j/2% Victory Loan issue and $2,500,000 short-term Treasury cer¬ bonds, mtge. sf 4 V2 % bonds, Bidder of Otto A. Case, State Treasurer. in the purchases were to 2130 (closed) De¬ and 1951. Included _,__________Dec Gas six 31 1961 Hamilton ■ 1st $6,000,000 of total ____Jan 1 Bayway 1st Lehigh Valley Coal Co., 5% 2094 serial 1952 Gulf States Steel Co., A, 2095 mtge. 15, 1943. Due Jan. 15, as fol¬ $125,000 from 1944 to 1947 $130,000 from 1948 to incl. United States government securi¬ ties since December 1, according Dec Mexico, 23 1 1st Dated Jan. $1,000. lows: Victory Fund drive, the State Washington has purchased a ; Date Inc., a.m. ONTARIO nine billion ber Clay, of New York. 1935 _,__Dec Arkansas Power & Light Co. Ballard Oil Co. of Hartford, & 11 $1,020,000 not to exceed 2%% series 1943 refunding thereafter. Bonds—Supporting the City • Cartons, 1, 5% bonds, due 1966_ —Feb Inc., 1st mtge. 7s, due 1948-Jan 20-yr. 6% income 2nd mtge. ______ the until C. will Jan. 4 for the purchase on bonds. Due tion's provide bids Clerk, interest nom. ment Georgia-Carolina Power Co., 1st mtge. 5s, due 1952__._Jan Gulf & Ship Island RR. 1st mtge. ref. & term. 5s, Kansas 1856 of of John — County sealed (CWT) 15, as 1944 and Washington (State of) Council adopted on Sept. 28, 1942. Nov, Jefferson American, British & Continental Corp. 5 % gold deben¬ tures, dated 1928__—.u*. ,4*+--Feb 1 American Type Founders, Inc;1, 15-yr. conv. debs. due 1950 ___—_—A—— _•__— Jan 15 American Utilities Service Corp., trust 6% bonds, series - 2003 bonds, 1950 ordinance receive Dec. 15, -1942. Callable 1947, at par, or any 15, date Buys Legality approved by Reed, Hoyt, Cleveland dated Notices Below will be found the Niederprim, ma¬ • fully described more Company and Issue— Redemption Calls and Sinking Fund preferred in as Offering Dec. Dec. interest outstanding Guaranty City. Due 23/4s. Dated on extended as Wis. Bond 3y2*s $83,000 County (P. O. Kenosha), and int. (J-J) payable at County office. A certified $30,000 in* 1957 and 1958, $31,- Treasurer's 000 in 1959, $32,000 in 1960, check for 2% of the bonds, pay¬ to order of the $33,000 in 1961 and 1962, $34,- able County 000 in 1963, $35,000 in 1964 Treasurer, is required. Legal and 1965, $36,000 in 1966, opinion of Chapman & Cutler of $37,000 in 1967, $38,000 in Chicago will be furnished the 1968, $39,000 in 1969, and successful bidder. $40,000 in 1970. ' Dated Feb. Denom. for $27,000 in 1953 and 1954," $28,000 in 1955, $29,000 in 1956, Va. Craigie & Co:, have purchased Richmond $130,000 3% WISCONSIN Kenosha Dec/ 15, as follows: $23,000 in 1948, $24,000 in 1949, $25,000 in 1950 and 1951, $26,000 in 1952, Bond Sale—F. W. city. 3!/2s. 717,000 by re¬ are Governor Langlie and State Aud¬ itor Cliff Yelle in addition to Mr. 000 in 1947. Third iy2s financing effort. Mem¬ war bers of the finance committee $20,000 in 1945; $21,000 in 1946 and $22,- • 1943, of for the payment of the reasonable 1958 and 1959, $2,000 in 1960, and $500,000 sewerage costs of operating and maintainr bonds, dated March 1, 1923, due $2,500 in 1961. March 1, 1963, and callable as of ing the system, to provide a spe¬ VIRGINIA March 1, 1943. The bonds, to¬ cial fund for the payment of prin+ gether with March 1, 1943 and Henrico County Sanitary Sewer cipal and interest on this issue as subsequent interest coupons at¬ District No. 2 (P. O. Richmond), due, and to establish a reserve Va. tached, will be redeemed at the on com¬ Seattle; net interest cost a 2.78%, follows: Barney Co., par, of $83,000 NTew of $5. These bonds Due Aug. 6, earlier in the year by the State The Second National Bank Board of Education, as reported are, in the opinion of counsel, valid and legally Boston, next best bidder, named in v. 155, p. 1372, were sold as binding obliga/ 4s, a rate of 0.539%. Harriman Rip¬ at a price of 102, a basis of about tions of the city, payable solely from the revenues of the entire ley & Co. bid 0.55%, plus $2. 3.798%. Dated Dec. 1, 1941. Denom. $500. Due Dec. 1, as fol¬ sewer system. The city covenants SOUTH CAROLINA lows: $500 in 1942 to 1948, $1,000 to establish and maintain rates in 1949, $1,500 in Charleston, S. C. 1950, $2,500 in and charges for the services ren¬ White, Co., $717,000 2%s, the bonds turing as follows: 1943. G. & and Halsey, Stuart & Co., Inc., New York, and Associates. ; Mc- R. Cathern, City Secretary, will of of basis composed Bank Trust Miller best 1 City Smith, Northern v. 156, p. 1731. Sec¬ high bid of 100.106 for 2V4S was syndicate a bid a & Co., Chicago; Graham,, Parsons & Co., BoatT men's National Bank of St. Louis, Report of offering appeared in ond by National Treasurer's (Call—R. syndicate Blyth Co., Inc., Chicago; First National Bank of Portland; Case. Foster & Marshall of Seattle; Atkinson-Jones Washington (State of) Co., Portland; Bond Call-—It is reported that Drumheller, Ehrlichman Co., Se¬ the State Capitol Committee an¬ attle; Murphey, Favre & Co., Spo¬ kane, and the Charles N. Tripp nounced Dec. 11 it would call for Co. of Portland, on Dec. 14 was payment on Dec. 31, $500,000 awarded $800,000 water revenue capitol building bonds, part of an bonds, being part of the $950,000 original issue of $3,750,000. of Bond of C. Allyn & A. & made incl. 1951 to premium a Sale—A Bond 16—v. a price of 98.50, according to maturity. Second high bid of 99.099 for iy2s was Worth, as 2s, at a price of 100.04, a basis of about 1.99%. Dated Dec. 15, 1942 and due on $125,000 French Independent School District (P. O. Beaumont), Texas Trust Dec. yield of 0.50% to Fort notes offered Dec. 10 was awarded Westerly, at 0.54% discount, plus ofered ing state monies almost entirely in government bonds so as to help in the of New York, Harris Savings Bank, Chicago; of Lazard Freres & Co., Glore, For$100,000 deficiency warrants bear¬ gan & Co. and C. F. Childs & Co., all of New York; R. S. Dickson & ing 3V2% interest and due on Jan. Co. of Charlotte, Stroud & Co., 1, 1943, was sold to local banks. Philadelphia, and Scott & StringBee County (P. O. Beeville), fellow of Richmond, as lV2s, at Texas a price of 99.539, a basis of about Bond Sale—An issue of $32,885 issue authorized by the voters at 1.552%. Dated Jan. 1, 1943 and an election on Dec. 5. permanent improvement refund¬ due The bank¬ $157,000 on Jan. 1 from 1944 ing bonds was recently awarded to 1963 incl. Reoffered from a ing group obtained the award on bonds of the Note Sale—The issue of bonds Trust on Westerly, R. I. Longview, Wash. cou¬ 156, p. 2085—were awarded to a syndicate composed of Bankers ceive sealed tenders until 2 p. m. Jan. 5, on any outstanding RHODE ISLAND WASHINGTON . $3,140,000 registered public improve¬ pon or Beaumont, Texas Temporary Loan—An issue Optional $5,494,839 in the city treasury, plus wartime econo¬ mies, permitted Council to ap¬ prove the cut and still balance the $88,082,707 budget for 1943, which will be finally enacted this week. The budget provides for $3,737,000 for wage increases for city and county employees. surplus of incl. 1956 to Sale—The Monday, December 21, 1942 Co., 1- 2 12-21 12-28 12-18 common ___: 25c 12-30 12-24 $iy2 12-30 12-24 Number 4135 Volume 156 THE COMMERCIAL & FINANCIAL CHRONICLE ' " of Company Name American Foreign 25c American Locker Co., 30c Investing Corp. (year-end) $1.5U non-cum. class A Motorists Insurance (Chicago) American (quar.) * *_„*, Sugar 12-12 12-17 12-22 12-24 preferred (quar.) Trust 12-31 12- 8 12-12 12-24 11-25 25c 12-28 1- 2 11-27 12-28 50c 12-28 12-18 $1,02 1st preferred (accum.)—*_****-*—$1.19 Financial Corp., 1st pfd. . (s-a)****. 37J/2c 12-30 12-30 12-21 12-21 12-21 12- 4'* Detroit Edison Detroit River 12-19;, 12-31 12-31 12-31 r 12-14 Dominguez Oil Fields 12-19 12-15 12-15 Dominion 37Vic 12-29 12-21 14c 12-26 12-15 25c 50c 12-26 12-22 12-15 12-17 Edison 12-31 1- 2 ; 12-19 / Electric *_*——-*-;*—.—_a~*_-- Co. (irregular)—.** .** (quar.)****. **. —-*— Oil Fuel Corp. Extra Associated Tel. Tel., & (accum.) *1% Astor Atlanta $6 Point West RR $5 . (quar.) — — 50c Atlantic Realty, $6 preferred (quar. )_*_**-15c Common (quar.) • *>*■»;.—115c . _* Corp. Bank National BancOhio Securities Barrister Hedges, 25c (year-end)-—*** _*../' ,$2 convertible preferred (quar.)— Ltd. (quar.)—* 50c 40c 75c (irregular)—_—***** Corp. Herald-Traveler Boston Boston iquar.)***'*^*-!.;* (quar.)-*—**-—'**_*_,:/• *;••';• Stockyards 'Extra, * Boylston ' ._ Assn.****—*_—*— Ltd. (quar.)_*__. :__*—* Brantford "V'i32.%c Cordage, $1.39 pfd, (quar.) & Co., Ltd. (irregular) Brewer (C.) British Columbia 67c 2nd preferred *' (quar)****_**_—***__ Buffalo Insurance Y.) (N. (quar. )__**-_**__ Callite Tungsten Corp. Life Canada Canada 7'/«> (irregular) (quar.)****—! Assurance Starch, Ltd., preferred 10c 1$5 $50c .—■_*_* .•**•' (irregular)„_ common (s-a)***********—_*_*■*__*•;, (year-end) B class $$1V4 12-26 $$1V4 ***** — 2-15 12-26 preferred (quar,)—*—„*—* __**. — Castle M.) (A. Co. & (extra)—*————T Cayuga & Susquehanna RR. (reduced)_*_*_*" Central Fire Insurance (Bait., Md.) (irreg.) 6V2 % - Central Utility West Transit Fund, Chemical Chicago & (Phila.! class RR, 30c prior preferred conv. preferred convertible (quar.)** $6 ; ..,,$7 $1% $iya & $iy4 $iy2 $1% preferred (quar.)-_*_T,-_*—-—**——u preferred (quar.)_u__*—_****—*-—*-;. 7',t ,—*———-***_ — (N. Y.) Clinton Trust Co. (quar.)—___**_—. (Extra Commercial Nat'l Bank & Concord (N., Securities, $7 pfd. (accum.)* lH.). Gas, 7% Connecticut. & (accum.)*— Passumpsic. River. RR.,, 6% .•■•preferred (s-a) Connecticut Fire , (Hartford) Extra t *— • $1.50 partic. B .Class , pfd. class (quar.)—' Rendering Consolidated A Consolidated Water Power & Paper (quar.)* (M. Stove Corn prior preferred (quar.) National (quar.) Exchange ■'(Philadelphia) Cprroon & preferred, Reynolds Corp., (accum.) 1 Crown ' Cfown.Drug Qo., » Ci-um -&. Dealers Industrial Bank Frankfort 1- It Franklin Fuller • , b, Yeqr-end & Trust General Crude — — —*_—_—*—*_*■* '; (irregular)**** Leich (year-end) preferred (quar.).i^ *_*_*„:—**— Corp. 40c preferred (s-a)**__ Co., Girard Trust Co. $3.50 preferred (quar.) (quar.)—** (year-end)— •6%: 1st ■ ■f6% ■' * Class A (accum.) Griess-Pfleger Guaranty Co. : _*_* Trust Harris . 12-21V 1- 4 1-4 & Extra Hart, 12-14 12-11. Hat . Class A (accum.) 10c . .• 12-30 '43%c. . < - 12-28 ; \ Heights 1 12-18. 30c-,. 30c $2 12-22- 2M5 ' Hendey 1- 8 —*—**—**—*"*: Valve Manufacturing—... • Class Title Home 12-18* -2-,5 \ Hooven Horn Hotel & 12-30 $1 12-29 $5 '7% Petroleum $3'/2 50cv 50c flOc 15c $1V4 12-23 12-31 : 12-22 1- 2 12-28 12-29 . 12-29 12-22 12-28 1- 2 12-24 1- 2 / 12-23 12-15 12-15 ; 12-21 • "12-23? 12-23" 12-18. 12- 8" 12-17 12-14 12-21 Milwaukee Auto 1- 2 Morris Plan $1 12-28 1- 1 12-21" 12-18 Mount Vernon 12-21 12-19 12-30 5% preferred (quar.)* Hardart Baking (N. J.) (quar.) (year-end) •_•_'** ***■-——1--***—**',* preferred preferred Plan (Cleve.) 2- Co. of California Mortgage, 12-19 12-14 12-14 Nation Wide 12-15 12-18 12-21 12-23 National 12-11. 11-15 National 12-22 12-5 12-5 12-5 12-15 V.t.c. 1 , 12-31 12- 8 . 12-23 12-21 1 12-24 12-29 12-23 1- 12-29 12-23 12-31 $3 $3 12-21 12-30; 1- 8 1- 8 7- 8 6-20 12-28 12-18 12-15 12- 8 12-30 $1 '/a (Md) — (irregular)— (s-ai Bank of Germantown 7; 12-16, 12-15 11-30 1■, $1% ; 2 1-2 1- 2 $1V4 12-15 12-30 $1V2 5c 15c 75c $1'4 50c lv2c — 12-15 12-15 12-15 12-1012-18 2- 1 1-15 1- 2 12-15- 12-10 12- 12-15 12- : 1 5 1-lf 2-'V 12-28 1-15 1 1-15 12-28 12-21 12-15 12- 2- 8 3 2-15 12-21 12-15 3- ; 1-15 12-31 12-15 12- 5} i- 2 12-23 1- 2 12-23 12-24 50c — & Trust 12-15 — preferred (quar.)** (quar.) National Power & Light. $6 preferred (quar.) National Rockland Bank (Bostoni (s-a) National Savings & Trust Co.-— - • •• Co.. $7 Casket National Fuel Gas Co. (Washington, D. C.) (quar.)— — 1 1-15 2 12-31 . (s-a) Bond & Share Corp.-*— National 2- 1- Bank- of Detroit (Phila.) 12- 12-19; 12-31 Securities shares National 12-15 ,12-30 $l'/2 ,40c $1 lc 3% $l3/4 15c (extra)— (Hawaif).l Nashua Mfg. Co. 1st preferred (quar.)— 2nd preferred (irregplar) 12-31 1- 2 12-30 12-21 12- 1 1- 2 12-18 $3'/2 30c 12-15 12-15 $1.06(4 —$1V8 (quar.).*l Telephone 12-15 12-18 12-tl8 1-2 Bank (quar.)—— (quar.)***—**. — preferred ,, States Tel. & Tel. Co. (quar.)—— Mountain 8%c $3' 12-24 , * (quar.) Mount Diablo Oil Min. & Developmt. (quar.) 37'/2c 75c 12-15 $5V4 $1V2 & Co., common 12-24 12-24 12-10; 1-2 $||/2 • Equipment—* 12-31 12-10 12-19 50c tower (Philip) 50c 30c 12-19 12-21 12-19 (year-end)—$1V2 Terminals Morris $lJ/2 12-11 12-26 $l'/2 (Chicago) "(quar.)**, of Chicago (s-a).___ Monroe Mutual 12-11 12-23 $3 $1V2 preferred 4V2% .12-21 2 2c & Light, $6 pfd. (accum.) (quar.)——.****——.*** Missouri Power & Light, $6 pfd. (quar.)—— Modern Collet & Machine (extra)—— Mississippi 4V47c 2 12-24 — Minneapolis Power & Light, $6. pfd. (quar.)*,, 6 7c. preferred" (quar.) -_******.-.-*i,**;,,/•, :17c preferred (qUar. )*—.*——*———— Minnesota Valley Canning, 5% pfd. (quar.)* 1-14 "(Bklyn) 1- 1- $3 ,■ •; 25c 15c 10c 15c $l»/4 $l>/2 12-14 12-18 $l1/2' __i*—$3 Merrimac Mfg. Co., 5 7c preferred (accum.)* $12.50 Michigan City Natural Gas (s-a)————*-* 2c Mid-West Refineries, $1.50 conv. pfd. (quar.) 37VaC Midwest Tool & Mfg. (quar.)-—*—*—— 6V4c Millers Falls Co., 17c prior pfd. (quar.) — $1% Morris 1-15 12-14 12-24 — 12-16 1- 2 ' 12-14 ' 12-24 30c *_*;***• Nat'l Bank 12-11 ■• (quar.) (quar.) — ****** (Bait.) (quar.)—_** Trust Extra • 12-14 ,12-24 40c class A preferred Mercantile $6 12-15 12-21 12-24 Semi-annual . 12-30 1-15 12-22 12-28 27J/2c (s-^)**********_*** Corp. —*__*___— 1*—— Portland Cement, com. (year-end) 12-23 1-14 1———• preferred Is-a»y*'—*^_i^_*____*•*-_**. Light & Powefr (monthly) _*_l*-_*_*,v 2- , (Detroit) (irregular) —*** 12-22 (irregular)—** common Bank Merchants Nat'l Bank fy. $l,/2 (accum.):.* common preferred Natl. Merchandise 12-14 ■ , i$6.75 Mascot Oil $l»/i 25c (s-a Rubber, & convertible 12-18 12-11 Co., 12-15 50c 75c (quar.)* 25c f -50c Extra' '• 1-2 Guaranty 12-28 1 (year-end)— Inc.—* Bros., 12-22 $7 preferred 8 1- $1V4 Corp. 12-19 12-22 .'.■■! • 12-31 12-12 1- 85c (quar.) 12-23, v 12-19 1- 20c 40c 12-19 12-31 }75c Plantation ._*——-*•*;. -6%. preferred Houston Electric Gas & $1.20 12-21 12-21 12-31 2 12-28 , Manufacturers - 12-311 '12-31 1-15 - ■ Clock Lynn 12-21 $1 & Allison Co., Statler 1 12-21 .:• 12-16 4 1-15 $1 40c 50c . non-cumulative convertible preferred Manufacturing (year-end)****** 5 VsVc Lux $3 Highway Safety Appliance (quar.)*.*——_:* Hilton-Davis Chemical $1.50 pfd. (quar.)** Home Gas & Electric 6% preferred (quar.) Honolulu Ludlow 12-15 2 $2 10c Savings & Loan (s-a)*_*_-j " • Machine $2 class - A (quar.jr-*—*_u* B (year-end) _*_—*■, —— 12-29^0 1-15, -1- 2., 12-23 -12-15 ;,. 3-31 3-18 - Special 67o (year-end)—iv*-": (annual)*—* America; class A :1 l*_i— B 12-26 : 12-22 12-31 12-11 12-16 1- 1-15 ",' — 12-31 12-21 12-23 $1% SlVa Special ***„*,—^L——r-:—:-*J. Loomis-Sayles Second Fund' (quar.) *1,—— Medusa .r—*--*"•-, - of • Deposit (s-a)_ *—*** Mutual Fund———*—-*—*,* 12-31 12-22' 1- 2 1-20 1- 12-21 6c Long Island Safe 12-15 12-29 12-31.. 1-11 Loomis-Sayles 12-21 1- 6 12-21 12-28 75c 25c (year-end)**, 12-19 2-1 1- 12-28 50c (quar.)—__ 12-21 1- 12-21 1-25 , 10c 2 2 ••••-; .. $2c 35c 2 Virginia (year-end)** $l'/4 (initial)—10c Corp. Candy 1-15 __ 1- of Co. Insurance 1- Ltd. Schaffner & Marx Corp, $1% (quar.)*_**_ Longhorn Portland Cement Co. C6. (quar.)^ $1 i—*_**'-* ******** $3.25 Cooley 12-17 . Massawippi Valley RR. 12-22 $7- ' ■ Medford 1-J1 12-29 '25c '.Loft 12-18 Savings Bank (Chicago)— ~L *——**—*_*— Quarterly Hart \iy ^ 1-20 12-31 Corp. & 12-16 20c 12-24 12-11 12-20 (s-a)—-*__-—_** (extra*)— Harris-Seybold-Potter $5 preferred (quar.) J*Carpet, 11-30 12-26 12-18 1 of N. J. class A Harnischfeger 12-15 30c 2-1 class Co.- 12-17 50c 12-24 75c A—•_*J***_80c —**_^——_* $2 Tanning 12-17 12-28 -•f 12-28 Haverty Furniture1 $iy2 preferred (quar.)- 37V2c Heath (D. C.) & Co., 1% preferred (quar.) >' ' $1% Hecker Products Corp. (resumed)— *J—i___ >• * 30c • : 12-21 12-21 1- Light ^irregular) Gas 12-28 1 2 (year-end) commcn preferred (quar.), Greenfield , Co.,' 12-17 25c 37 '/2c 12-28 2 (this dividend clears all Greif-Bros." Cooperage? t - •, Life 12-28 12-30 50c -—-J (Daniel) 12-15 12-28 12-22 1- (accum.)—** arrears) Green- 11-30 12-22 (year-end)—**—,,*. Ltd. Co., 1- preferred ;<(qudr.)*l-*L—*i**— 2nd preferred 6% 12-22 12-15 10c 5 i40c pfd. 41/2% Corp. Brothers 87y2c < Rapids ,Varnish **_—*. *:**——— Great Lakes Steahiship Co. (j'ear-end)—* Great Lakes Towing (year-end)****——*-*„_ Great West Saddlery— *, 12-31'.: '1-2 Stores Lerner Levy 12-21 1 1- Grand 12-14 '.; • 1- 2, 12- 12-21 1- 25c preferred 12-27 35c 1- 25c Corp. (quar.) (Charles) l7o preferred 50c (Philadelphia) 7% Pumps 37 y2c ' ,—t ^_**L*-*.**-_ • 20c (quar.)*——*—**.—*'**",—- C.) > Hathaway Bakeries 50c 8 12-18 $1 $iya 50c $iy2 (quar.) Co. 12-18 12-26 12-15 Mansfield Tire Goulds 12-23 ':. - 12-31 12-15 (A. 12-26 ——— 12-24 common 1 ; Co. & Mandcl McBean & .Co Goodman Manufacturing Co. ' 2- 2 2-2 Leath 12-16 Art 12-15 12-19 12-24 12-16 2 12-15- • 1- 2 1- 2 15c (quar.) preferred 12-26 1- (interim) *— MacMillan common 1-1 : (quar.) Ltd. B 12-16 convertible 1-30 37 v2 preferred (quar.) *•_*_*—_—*_*:**_*_* Lawyers Trust Co. (N. Y.) (quar.) 1-2 Corp. $iy4 37 v2c - 67o :*—15c Gibson . • 12-18 — Gilbert 12-26* 1- 2 Class 12-31 12-21 Investment 1-5 — 12- Co.——^*——*_***—_ (year-end) 1-30 *—***, Langendorf United Bakeries, class A (quar.) 12-18 Oil 1- 10c 25c _***-*_ 12-24 12-28 8 1-28 — 2 Shoe 12-19 . 10c .* 12-31 12-19 12-22 General 2 Lehman (year-end^ (irregular) ****LL****~-. v General Machinery, . 12-19 1- $134 f—'!' 1-15 12-19 12-26 6% 12-15 2 Supply— Mines, 5c . 12-15 2 1- A preferred 50c 7% preferred ..(quar.) ^***^****_-**—*__ $1% General Foods Corp., $4.50 pfd; (quar.) —$iya Wzr'0 2 1- $iy2 —__ Dufault 15c $iy2 $2 $1 $3 20c $2 75c 40c 15c 44c <: Investors Co, General Fireproofing,'common . 1- $134 _. 67c .y (year-end) !_*.*! Packing Co. General $iy2 (quar.) Extension University— Salle 75c $1 . 12-15 (qua .) preferred 12-30 1- 2 12-18 12-21 $2 Lamson • (quar.)* (irregular) (quar.) Y.) (N. 2 50c 2-27 12-15 12-15 —* c-*— —* Co. 1- 12-15 preferred ,(quar.) ;—_ Kltanning Telephone (quar.)__**■* Klein (D. Emil),'^(year-end)„^*_****—* Knott Corp. (year-end) 77c 12-18 2 $iy4 (s-a)__^ common - $1.50 Lake 12-14 1- • 2 Class B $1 , class 12-14 25c $13A ' w * Co. 12-21 Corp. of Del., common (year-endi_*. preferred (s-a) —$1V2 Landis Machine Co. (extra)*—*,*.___—_** 25c Lane Company 25c Year-end —***——:*——.—*,* 50c 2-23 $11-2 Fuller Manufacturing Co; 12-17 12-17yv 12-30 Kirsch 2 12-19 1- "K2"__. Kirby Petroleum Co. (year-end)********* 12-31 3-31 1- 2 4- 1 $iy4 —_* preferred (quar.f_***_*__; preferred *_**_'-li_l_'** (Mich.) (year-end) convertible convertible $3 Co., 1- 12-19 $iy4 Keystone Custodian Funds, series 5 12-21 12-31". Trust (quar.)*_"_—_1.11 preferred (quar.) A.) 1- 1 •, 25c 25c $1% Bank (San Fran.)» (s-a)*- — Railway Supply (George i'/e 12-17 . 1- COc class A (quar.)—****** preferred 12-21 20c preferred (quar,)* _*****_***„. Wheel class A— (irregular) Ken-Rad Tube & Lamp class A (Brooklyn)--- Distilling—i 1- 2 „ pfd,. (qua .) preferred (quar.) Department Stores****—— Class B 12-17 12-17 " 12-17 12-23 40c .. (quar.) *—_—„_*** (Philadelphia) Trust convertible 60c ■ J—* Forbes & Wallace $3 , V - pfd. conv. 12-21 12-21 57c La 50c convertible 7% preferred (quar.)**__ " Forster, _*> Annual Harding $3 Cork International, $1 cl. $2V2 (quar.) *— Capital Corp,* 2- 1, 1- 2 1-2 Cyedit Utility Banking Corp., cl. B (quar.)— Crocker First Nat'l Co General 12-15 1- 2 $1 . HI : $6 ; J$2 _ ___**i Bank Co., 5c/o H.) American ■ 1- 2 50c __—*" (quar.)*— (quar.)* Baking v 1-15 50c 20c • , Extra * *•—.*„ Continental.Roll & Steel Foundry, common* 7% 75c 80c Cpnstimers Gas (Toronto) (quar.) Continental Insurance-Co. (s-a)_* ( preferred $5 .non-cumulative Food , 37y2c 37'/2c ' $2 50c (quar.)* (year-end) 12-31 12-31 12-31 12-31 12-14 -*—.._*— Florence 2-15 .,*1-29 • ,*—*„*_. Co. Bank of St. Louis General 12-28 25c •' 12-23 1-15 . *___**** —*_——*— **_*'. 12-31 12- 8 12-19 12-31 $20 " Inc.— 12-30 (quar.)J Chicago Extra /v:M $5 ———■t -. Kellogg Switchboard & Common (irregular) $1 (quar.)** (s-a) 2 2 Kelsey-Hayes of General 1- 2 $3 Insurance (quar.)* Consolidated Chemical Industries, 12-25 (Mt. Vernon, N. Y.)— Fishman $6 1-2 $1 12-2L 11- 1 (4 % — - 57c Co., Electric & Power $4'/2 1-15 1-11 1-11 12-22 12-18 2 1- ... V/4% Kaufmann 80c 12-19 12-29 (quar.)_**_***. preferred (quar.)*__—-*_****_*! City Title Insurance Co. (s-a) _*. 12-15 12-15 *_„_*„„ —— I common 75c $iy2 Bank ' Connecticut General Life (Boston) 12-21 1- 8 12-28 75c ^ y t **<••. (quar.) , ******* Insur. '. 90c■* " • pfd. Bank Brothers Co., 12-31 — Bank $4 (quar.)***. preferred (quar.) Power. Co., $6 preferred 77c Ang.) National Fisher Sons 12-31 (quar.) Baltimore of 77o 2 30c 25c (reduced)—*—* Insurance Garlock 12-29 $l'/4 Gas Gladding 12-29 . Electric ;**^ (s-a) (Pittsburgh) General Railway Signal, . Kansas ____** (D. C.) Insurance 12-21 9c.: : .; •* 12-11 —_— * National First National 12-18 12-14 12-15 12-21 12-17V 12-15v ,perferred..(quar.) i— Commonwealth (Los (year-end) Bank . 12-21 . Commodity. Corp. , (year-end)—_***: Commonwealth Loan Co. (Indianapolis), 5%■ . Bank • 12-31 12-21y 12-21 12-21 - 12-19 12-19 1- 3/4 7c 1 f-t - (quar.)*_____^_ Machine 37l/2c (quar.)*** Fund Quarterly 1-2 (year-end"ySOc Trust (quar.)>*_*T: '■ $2 Bookbinding Cpmmerclal Kansas Quarterly 12-28 12-23 12-30 12-28 1- 2 12-29 20c 25c 62y2C" 12-11 (quar.)* National , 12-28 ..... 12-19 12-19 2 117c Kansas First $1 , $1 12-19 1- • ****_*_:.— (E.) Kansas 12-22 12-29 17c (quar.)*— First 12-19 12-20 12-31 Special Kahn's 12-12 12-12 12- 2 12-29 Bottling (Del.) $2.50 cl. A (quar.) .*—**——****—*—$l*/4. Coca-Cola Extra , - 1- 2 1- 2 **—__—; Co. National First $lJ/2 $iy2 12l/2c • (liquidating).****** Cleveland Trust Co. (ycar-end)__ —* Cleveland Union Stock Yards (quar.) Corp, Cliffs Corp. Trust Fireman's First 12-30 ****_j——**——_*—*_—_**_**_*40c Fidelity $l3/4 preferred (quar.) pfd. (accum.I $5 Iron, Realty 4c 10c T$1.60 12-10 2 1-2 1- t$l% L_. preferred B Lamson 12-24 30c * * (quar.) preferred D & 12-12 (quar,) preferred Extra •. non-cumuiative Cleveland-Cliffs 6 '/a Jones 1 Traction & 57» 12-21 12-18 12-24 1 General Instrument Corp City Investing Co.— Cleveland Light 12-24 1 12-26 1- 2 1- 2 12-29 50c 75c — Trust Co. (quar.)——* Chillicothe Paper 4y2% preferred (quar.)__ Cities Service Power & Light, $5 pfd. (quar.) Title Chicago cumulative preferred C (quar.)* 1- 1-15 1-2 12-26 12-26 59c **— — 62y2c $3 cumulative 57t> 1- Fidelity-Phenix Fire .: (quar.)*—*__ :$2.50 77a 12-24 *_nr'. ; Common 12-28'. 12--2 -12-29 $1V4 : 12-26 1- Federal Services Finance Corp. 12-21 A Chicago Daily News, 5"/p preferred (quar.)— Chicago Pneumatic Tool common (quar.)-*** ! 1- 2 2- 1 12-30 1-11 12-18 9c (initial) y 1-5 1- Merchants Natl. Franklin County 12-23 $iy2' ■> * (quar.) Illinois 75c Quarterly ,12-21 12-21 12-21 40c (quar.)** - Eastern preferred 1- 1 ' $1% $ 134 7'k 12-30 12-10 $ 1 5/8 12-16 62c 12-31 12-24 10c 12-14 1 1-15 $iy2 12-23 A 12-30 Co. Service, (quar.) 12-15 $$3. • ■ .* (year-endi„*. Ltd.— Engine Public 12-18 t75c .) } 12-24 *—*—— Federal Aircraft Jamaica 35c Candy Farmer Lxcra 5 (quar.)* preferred (quar.)***** 1st inferred, (quar.)*—37V2c preferred A (quar.) 37V2c convertible Fanny $7 Jacobs (quar.)**————*—*— convertible $1.50 5 1- : 25c Society;: common Loan $1.50 1- 1-15 preferred $6.50 12-31 * Family 12-21 1-15 common******* $2'/2 (quar.)— 12-21 37 Va C (quar.) Service, $2 V2 Co. Bearing preferred 12-19 Corp (Bait.) 2 12-24 •_* (quar.) Insurance (Ontario) (s-a)— Life 1- 6 12-22 *^ (quar.) Public 1-12 75c. —$iy4 1- 12-17 15c (accun Common (quar.) Co, preferred 1st preferred $6 12-30 *—*****—*—* Trust 77f> Iowa 2- 1 common—** 12-21 Ltd.— (quar.)'— Y.) (N. Corp., Extra *— 12-29 1- 1 50cT $1*4 (year-end) ———- Inc. Co. Johnson 7 % Power Foundation, Common 50c Gas 2 12-24 (quar.)__**_. Investors Mortgage (Bridgeport, Conn.)— $iy2 (quar.)** Corp. 12-18 1- 20c (quar.)****. convertible, prefeired 6% 12-28 $23/4- ■_ Co.— Consolidated preferred Fafnir (year-end) prior preferred (quar.)* Products Trust $1V2 ***** &■ Mfg. Cleaner Vacuum Excelsior 12-18 j- $47'/a (Yonkers, N. Y.) (s-a)*_ 5'/« pfd. (quar.)** Nat'l Bank (quar.) Ferries, 6% Fulton Power, Central Penn. Charleston * 75c .,r 75c $ls/«; — Bank Central New York 1- 6 Controller 12-24 * * 12-11 12-21 preferred 12-23 $1 - **__****_***.******. Year-end 2-1 clears all arrears) Central Nat'l . (quar.) (this dividend (accum.) pfd, pfd. 654% Central Indiana Gas Co., 12-22 1-2 (quar.)*--- 12-19 t$2 (s-a)__** (year-end) participating preferred 12-21 Stop Nut, common (year-end)—*** (initial) ——*_i**W_, 5% 12-22 12-28 35c . 12-31 12-19 12-28 45c * 12-21 12-28 International Button-Hole Machine— 1-15 75c 12-24 1- 1 12-11 ■12-18 ■. 6% 1 25c 12-17 12-31 J.$ 1H4 150c 1-15 Canadian Light & Power (s-a)—: 1-15 Canadian Pac. Ry., 4% non-cum. pfd. (s-a)* Tb 2- 1 Canfield Oil Co. (year-end)-*—*1 12-15 Cannon Shoe, common (year-end)***. *:**. 10c 12-28 554 preferred (quar.) ———.»__*_*** 6834c 1- 1 CarreraS, Ltd., class A (final)******—****** 15% 12-15 Class B (final) 1512-15 Carriers & General Corp., common (quar.),* 5c 12-30 .Extra J — 2l/2c 12-30 17o 12-15 2- $1V4 12-18 $$3y2 . Canadian Industries, class A (year-end)*-__ 12-24 preferred pfd. 12-10 12-29 Powders- (reduced) 12-22 12-31 1-15 Common 12-23 Equity 12-18 12-15 12-12 12-24 12-24 1-30 1-30 1-30 12-30 12-31 1- 8 2- 8 12-17 12-21 12-30 Equity Fund 12-22 1-2 1- 1 1- 2 1- 2 2-15 2-15 2-15 1-26 ,1-2 _■_—*.******>* 1- 2 ; $5 12-20 12-21 50C V- (quar.) Rubber Bronze 12-28 Share; 12-31 1 $4 preferred International 25c & 1 2- 30c ; common Intercontinental 12»/2c Bond & Co., 12-15 t$2 12-31 12-26 iy4c (quar.) Tool (year-end) Navigation** Inc. $iy4 —£..—**_ (year-end)**—* Stores (extra) 12-21 12-23 12-22 7oc $3 " . , $iyj Burger Brewing Co.; 8',» preferred (quar.)** $1 Burkart (F.) Mfg., $2.20 preferred (quar.)** 55c Business Systems, Ltd., common (quar.)— t$l 67c non-cum. preferred B (quar.) .*_* 115c California Packing Corp., common (quar.)** 37y2c 57c preferred (quar.)**—62y2c 57c preferred (quar.)_**_**_i.**——**** • 62J/2c Extra 12-15 International 12-17 1-16 12-22 12-21 .t$lJ/2 $2 12-24 Investment Farmers & Brooklyn Trust Co. (s-a) —----Buckeye Steel Castings (year-end)_**__*__ Coal Investors, 12-23 12-22 1-1 2-1 1-2 12-28 Steam Intercolonial 25c Equitable Investment 12-20 12-12 : ?$iy2 Inter-Island 12-14 25c , (quar.)—*1 1st preferred Inland 12-16 12-23 12-26 Endicott Telephone— ,67c 12-23 '12-24 12-22 Empire 12-15 12-14 1-15 12-18 $3 :_*_„_ 12-29 5c 12-26 (quar.)** 12-20 12-19 1 1- $3.15 t$2 — Year-end 8 % 12-30 12-29 50c 1-15 (monthly) Bros. VzC Corp 12-21 Sulphur Elizabethtown *_** 1-15 U0C J. 12-15 1-1 B Fund Pneumatic Rayon 12-30 Electrical 1- 212-24 1- 2 12-24( 12-16 12-11 1-15 12-31 $1 25c. ;" $10 J20c' . Market Bralorne Mines, ■Extra , Warehouse Storage Bourbon (irregular)*„_„*—__ 12-30 . 12-18 50c Industrial 12-31 Electric 12-31 12-19 1-2 12-31 ,50c $1 ; Foundation Independent 12-21 $1 Elastic 1-20 40c (Ala.)*_^_*.A~* Birmingham Fire Insurance Birmingham Fire Insurance (Pa.)****—*** 12-12 12-21 1- 50c 12-10 12-18 1-15 12-28 12-15 12-28; 12-24 1-2 Income 12-21 Bay Hunt Bros. 12»/2c Class 12-18 2 V2 7c Co. 5% preferred (s-a) Packing 6 % preferred (accum. Imperial Bank of Canada (quar.) $1 Extra Electric 2" 1 J15c & Son (year-end)_»*— **___*__ 40c Machine Co. (year-end)-**—15c *_„* 12-12 12-29 30c Canada 12-18 12-23 10c 2 1- 25c (quar.). of 12-23 37 (quar.)**** 12-21 $1 (s-a) 12-23 62 '/2C convertible preferred Motors (s-a) 1 , Warehouse Bank $1.50 Corp., 5%. conv. prior pfd. (s-a)_*__ . 12-30" 12-26 Co. Hudson's $1 Va (extra)_'*■ Y.) of Rec, 50c 87 */2 C ^**i._* Howell Electric 12-15 Easy Washing Machine, class A (year-end)— Electric 12-15 $1 - (N. (Detroit, Mich.) Texas 6% 1-15 $1 Biltmore Hats, Borg-Warner Duval $6 (accum.)— (Mass.) (quar.)—*- common Bank Co. 12-15 55c Co. Supply 12-14 12-23 $1 (initial) _*__** Diamond Shoe Corp., 5% preferred (quar.)**, : Corp.— Trust Hall & 20c $iy2 pfd. (quar.) preferred partic Benson 67c Dentist's Eastern — quar.) Corp., 12-18 — (s-a)--—*—****,■ (reduced Commercial Bankers * — Baltimore Bankers -67c Inc., Fund, - conv. **_.——**"; common--——" (quar.) Axe-Houghton ,'B common $1.50 (Phila.), Banking :preferred Trust Holders Fields Materials— 12-22 $l3/4 * — (Boston) (s-a) Deisel-Wemmer-Gilbert Corp. (quar.)**_*__ Delaware Fund, Inc. (extra)*_ Day Houston Oil 12-14 $2 *„*_***_•. (year-end) common (quar.) 5% When Payable (year-end) common preferred (quar.) preferred (initial) 12-23 50c — preferred Detroit — Atlantic City Fire Insurance Automobile 1% preferred 1st _***_* * & Extra (quar.) Davenport Hosiery Mills, , 12-14 • 17o 15c $4 Stores 12-14 15c (quar.)****^ (s-a) Fisher & 20c 25c $2.85 Arkansas , Daniels pfd,__—*_ Arundel Bird preferred 8% conv. 1*15 in 6% 12-22 * 12-18 payable 12-22 40c —i****.**_*.*_*—_**„__** 75c dividend Per share Name of Company of Rec, 12-22 30c Extra 12-30 1-15 Holders Houston Natural Gas, 30c * (quar.) 50c ,**-_- Association Payable 40c Year-end Inc.— Apollo Steel Co, Bird (quar.) .*~~——- (quar.) Metal, Stock • A (year-end)—_— ,,-preferred American Turf Ampco ► $1V4 47c Fran.), (San When share Company Crystal Tissue Co., common *_*,—***** Co. B Class Telephone American class Common 12-26 1-5 1- 2 2-2 60c $iy2 Refining (year-end)_*__** (Abilene, Kans.), 5% American Name of Crum & Foster Insurance Shares Corp.— Year-end - American Per When Holder• Payable of Rec. Per share , 2181 15c $134 25c $iy2 $1 $1 1-15 12-31 12-31 - 12-15 1-15 12-31 2-1 1-15 12-30 12-15 2- 1 2-23 . THE 2182 WAen 1*er Name of Company Products Neon of England $2 (accumulated) (accumulated) preferred Clock Haven 61 1 preferred New York 71 com.— 2 12-19r 1- 2 12-19 7 11-27: 12-19 Tobacco 12-23 1- 2 12-24 Toledo 1- 2 12-24 Torrington 12-18 Towne $I'/a 2 $l3/4 1- 2 12-15. Trenton 1- 2 12-19* Tubize 12-15' North Judd & Northern Illinois Water Nat'l & (N. J.) Banking Chatillon 7';b Corp., preferred Tuckett 12-19 12-31 12-17 12-28 12-17 25c 12-23 12-18 " Twin $2 (year-end) 12-29 $1 (year-end)_- Insurance Chemical O'Brien Gold Oahu Co. Mines Ry. & Land Ohio Leather 12-23 12-18 Underwriters Trust Co. Tobacco Tunnel . Twin . RR. of Co., 12-22'1' 75c 12-29 » 1- A— : . • Coach Co. Bank & ' pfd. (quar:) 81 1st 71 (N. — Y.) (quar.) Holding— $5 non-cum. preferred Ohio Oil Wax Old Paper Co. Gear Colony 12-23 : United Fruit 12-15 12-4 united Milk 12-23 12-17 Common •' $ 1 Products, common — ,$3 1- 2 2 participating $3 12.-17 1- $2 —— participating 12-17; United 1- 50c — (year-end) 1 12-15 12-17 $1(4 (quar.)—1- 12-10 $2 . Printer & . (year-end Series preferred Ontario Manufacturing Orchard Farm Oriental Consolidated Otter Tail $41 Pie, Co. 12-21 25c 1-15 50c Gas class A pid. Mining — u, 12-21 12-10 -Common - 12-26 Park Motors Chemical 57c Corp. Co., convertible 5 V4 5k Peaslee-Gauibert, Tool preierred 61 Corp., Pennsylvania Forge 12-26 1- American 2 12-19 - * 12-16';' 1-2 12-28 4'' Bourse National 4. 1-15 1-15 .51 Securities, $3 12-31 Class A 12-23 12-18- 12-23 12-18 12-24 12-15'- $11 1- Phoenix State Trust & $1(4 Full C11 Fashion Mills, preferred PJainfield Union Preferred Paper •• ■ Wailuku 12-18 Warren 2 12-25 Power ; Class 2 12-23 * 1--1 80c Read 12-18 10c 20c 12-15 25c 12-22 12-12 12-1 12-21 12-21 25c 12-21 1212- 7 50c 12-28 12-17 $ll/a 12-28 12-17 12-31 12-22 12- 12-19 A -12-31." ■ ' •>' 20c t, * 6 % American - -*$!• 2 12-28 T- 2 12-28 55k 12-21' 1-2 5 1- 1st pfd, (quar.),. 12-9 12-21 12-11 (quar:) Home 1- * $1.75'' Corp. 65k (quar.), Products of Delaware, 12-24 75c 12-28 20c 10c com. 1- 50c preferred (quar.)„„_i— 62J/ac preferred (quar.) 4 12-14* 12-18 preferred (accum.) 12-18 1-2 ' 12-18 2-1 37,/zC Locomotive, 75k 2 1-2 tquar.)30c com. 4 12- 12-15 ; (quar.) Light & Traction; 12" 12-28 v (111.)— 12-11 12-24 25c pfd. tquar.) (monthly)— 12-21 12-21 25c 4—_ ... conv. Insulator Corp. American 2- $1% 1-15 1-15 1 12-22 12- 20c 12-26 12-10 25c • ■ American Machine &■ Foundry (quar.),;—5 American Maize Products, common.:.:,;;:,. 12-11 • 1-15 2-8 12-21 convertible 65k ' $1 Va $1.18% $1.00 Leather American . 12-15 12-11 12-8 •1- 12-18 2 American Investment Co. $1 "i k 2 1-1 (quar,). ^ .-_.li.___. American - 1* $lVi 1- 2 44$2 preferred , 2-15 $1V2 ' 12-21 12-22 12-23. $1V< (quar.) (quar.) preferred 65k 12-22 $ 1 Vi —.4—_ki—A 12-31- 12-29' 12-15 $1V2 Hardware Hide . 12-15 1-15 <quar.)__„ $ 1V2 Rubber, common,:—25c Hard preferred Am. ' 12-23 Electric Co.— '"12-14 70c (quar.)4. Hoe 12-12 ' $l,/<- preferred 2 $1.35 (quar.)'.A & Extra 12-22:. ' ' preferred American 12-21. 1- IN. J.)— 2 2 $1V4 1-4 2 . '75C (initial).,—, 4 12-21 12-30: A" $i34 ,.• 4 71 - -12-10 1-2 1.4$1.. ] 12-12 Year-end v.'.;- 12-28 . 12-12, 1- Hair & Felt, 2nd $6 American 12-28 4 4$1.3 4 - 1-2 6 5k Fork American 12-15, $l'-i' -12-15, 1- 15c Co. Gas & 5 '2-20.- . 15c 12.'/aC 434l preferred (quar.) 12-28 1 * (quar.)* (quar.) American 12-12 12-15 15c I ;■ 1-14 Co. ' 4*134 50c .-—I. 2 1- 2-15 A 30c 1- 2 12-31 1-20 12-31 1-20 (year-end) Trust C , 12-28 Co.. preferred 1-15 ' 12-15 12-18 (quar.)—V preferred (N. Y.i 1-4 12-29 preferred 12-31 12-15: 12-15 1-20 25c 9* 12-30' 4 1- 2 12-29 12-16 Scudder Stevens Steel Clark 5 Skenandoa Rayon 1__4_. V 4 1 12-18 •; ' 4-20 toc 4 5k Portland Cement— non-cumulative - ■ preferred Young (J. S.) Co.. common 75k4preferred (quark) - 4 4 A * . ■"/ • (quar t,, ion, 1-2 1- $11- • .. j $1% . 1 ,4 ;V, :• 12-18 12-18 Abbott Name of Company : 1 " Share • k I-aboratories, common,,,——_,,A: Per 7 t 12-10 1 12-11 1-2 12-12 12-21 12- 25c 12-21 12-11 (interim)J10c 1-22 1- 8 1-15 12- 1 preferred Wire & Cable,.,,.,, Ltd. — . 4 8 , 12-26 Arcade ■ 61 Cotton Mills, preferred (s-a common ' of Rec •" 12- 12-24 ' 12- 12-16 $1 12-21 4. '$3 12-21 12-15 1-2 12-15 1- 12-15" iquar.) 1 Armour & Co.. (Del.), 754 pfd, (quar.) ; Armstrong Cork Co. common (year-end) ;;1_. Hoiaeri y 12-16 12-26 . Arkansas Power & Light, $6 pfd. (quar.)$ 112 .4 -:. $7 preferred iquar.),,,;..;.—$1%" 12-24 -10c (accum.)— 11-30* 1-2 $1%.35c 12-15 2 1- 2 f. 12-10 12-24 12* 7 $1.00 12-26 12-17 15C 12-24 12-17 , " Art • 12-15 12-28 65k preferred (quar.) _1__ Anglo-Iranian Oil, ordinary (interim) : 51 ;Apex Electrical Mfg. common.,,-';,;.,/.^.'/ ,: 50c v75k prior preferred (quar.)$1% ^previous .k.l Payable ^>40c V 12- 4' * When # • 1-15 Anaconda 12-18 44'<:'','*-n\;; 12-21: 12- 5* If 2 • 1-1-43 being given .in the ' 12-14 (quar.)$lVi Anaconda Copper Mining (year-end),$1 "12-18 give the dividends announced; in we 2 $1 ;Anglo-Huronian, /Below .12-15 1-2 $2.25. 12M»c (s-a)_,_ "•«. ♦ 2 $lVst $6 *12-19 IV1 • 1- l- ■ $IVV4 « 11-28 • v.- i',300''- ■ American Transportation Corp. (year-end) American Water Works & Electric— V, 4: . 12-26 ■, 'J (quar.) Co/ 55k preferred American Tobacco, 12-14' " 4 '3.-/1... :p12-18 ; , Indianapolis)—- American Thread 12-24 10c 37V2C (year-end) American Tel. & Tel. Co. *1-42 $1% 12- 4 12-10 ./American Surety Co.-','.,..-,^,.'—.,.^. 1- -2 ,: 12-265 American. Stores.. .Co.44--4-,;-^;>4~V'_4;:;_.w4'f4 ; 25c American Sugar Refining, 75k pfd. (quar.); $1% 12-14 • . 4 12-10 States .Insurance M 45-' 40'C." 4 12- 12-26 2 Stamping Co. 2-20 5 4 12- 2 American V. 12• ■ 60c 4.4 Quarterly 3-41:, 7 1- 12-19 12-24; — 12-21 .12-214 $1%- : Co.,-common,—• 5 12- 12- 9 50c . lqufth)444,444JL-Ui4.«-.i.Ti Snuff 12- 12- 9 * • 8 preferred (quar.)_„1- 61 -.;l- 21 - $l'/2; • ^ American 50c.p£<: 1 12- 12-23 $3Va. 4 . ,' .12-15 12-22. $1 prefcrred,_^i——--—. 12-12 1 50c V,— A_*4_ (year-end "7'k, ' preferred 4 American 12-12 4 Art Metal Construction Metal Works .I year-end) . Iquar.) 4/ Asbestos. Corp., Ltd.. (quar —•_. |.20c 12-30 12-1 (quar.)___",_ ,,,__1AA ST -' : 1-15 * l-'2 4 /•'Extra.. 130c. 12-30 12-1 Works, GViVk preferred (accum ) / '-+$3:.25 5 .4T-2 "-12-18' 4 Ashland Oil-& Refining, com. (quar.) 10c 12-21 12- 7 Adams Express Co. (year-end) ___,A_A_4_:_: ;V ;30c- ; 12-22 V 12*1,1 m 'Associated Breweries of Canada-r*. Vv •;•*->;'> •? ./•'J* "4. . • * Adams (J. D.) Mfg.:..Co. iquar.),,— V\,},;K2OC'V {12-28 >12-14"! ,44;71 preferred (quar.) 4-4.,„.;:4_;__'4;J__.• t$l%,:1- 2'' 12-10 Adams-Millis Corp. (year-end) 4-„,_-_il_'44: 4.:«'■ 50c v? T2-23"4;12-18> Common lycar-cnd) 4——-/-4,._;_4 f50c 12-31 12-10 Addressograph-Multigraph A— 9. L B*».| VA' 25 c'1: -12-24 L Associates Investment Co., com.; (quar.)>.__- 1 50c 12-31 12- 5 Aero Supply Mfg., class B "(year-end)__4 12s23a." 12*11 a V4iy35c.' -•' 5-5k;preferred iquar.)_.L4._;.4_—__;^41 $IVV 12-31 12-5 $1.50 class A (quar.) .4—* A——.* V'4 371c4r :*lfT44--12-18 ; „s Astor-Financial Corp., 75c 1st pfd. (is-a)...i.. 37'/2c 12-21 12* 4 Aetna Casualty & Surety Co. (quar.)_____ ?i*.2 4;;i i-30*. > Atchison: Topeka & Santa'Fe, /'-a. 4, common.//..'. $l Va. ' 3-2 ' 1-29 A I't.-i*. .$!'■. -17,2V-' 11-30 f -4 " 65k non-cumulative preferred (»-a)4_:___. 2-1 12-31 $2!/a •' Aetna Life Insurance Co. (quar.)—, .30c * a- 2 v 11-30 4 , Atlanta Birmingham & Coast Line RR.—• -4 • •; h •• Extra _4,— ,.4" 2j)C" V l/*2 1 11-30/ 4 ,5'k,-preferred'(s-a)._.4^.4.^;_..._;_,.;. $2.1/2 1-1 .12-11 Agnew-Surpass Shoe Stores 75k pfd. (quarj; a$i.%. 1- 2 '- -12-15 V Atldnta/Gas Light,'61'pfd. (quar.),^;,;.,./ $l'/a4 1-2 12-15. Agricultuj'al Insurance Co. Aquar,)__:_ ;_A4 /.: 75.C ; 41- 2 ; 12-15 /.Atlantic;Coast Line Co. (Conn.) (year-end)-! $2'/2 12-21 11-30 Atlantic Coast Line RR. (year-end) ;j4_;*__. ;44*^2%4 .;.l.->2 t 12-15 r $2 12-23 11-30 Ahlberg Bearing, class A (quar, 1 14 8%c. - .-•1- 34 ..'12-19 ,' Atlantic Rayon Corp.-, common,.;,...;...^., 10c 45k (irregular)—— preferred Acme —. Glove . Canada.' Co... Common 4 preceding table; 51 preferred (quar.) Corporation i quar.) of _A Common Yosemite 4 Stores Optical ■ non-cumulative American Smelting & Refining-—. weeks and not yet paid.* The list does not include divi¬ dends announced this week, these 12- Fund, Inc. Shares :4 :75k^ '4' . *12-23 $3 r € *12-17 -12-21 50c class-A,$lVa $3, preferred /annual)--^------;—.w—. American Ship Building Co., com. (year-end)., .4, 12-10: preferred Williams Co. 1 25c . ■' 12-23 Commercial Corp., conunon..—; preferred A (quar.) Security Title Building—4/V Shareholders : 12-15 * 1-41 ..t"' 12- 1-15 25c Co.. (year-end) ,$1.80 12-22.:. « . $3Va > i (year,-end 1 . - ■ American Seating American Service Co. . ^ 12-12 i— .'51 American 75c ,>•; (Wm.) Co., common (monthly),,,, Common (bi-monthly).. Common (bi-monthly) Wrisley Co., common (year-end 6 5k preferred (quar. 7 5k preferred ■•(quar.),,' 4: Wurlitzer (Rudolph) Co., common,_,-,'L„,:44 12-31*. Seaboard participating ^ American Screw • ' * 12-31 (quar.) (year-end). Co. V' 12-24 ■ 12-21 • ' 12-21 12-22 ,12*28: 12-22 Yards, • 12-28 American ^Safety Razor t. ■/ lr. 1 12-30 < 15c Republics , 25c •' 5, ; , . V 12-23 1-15 i/. 12-31 kSlVV • $1% : •• (irregular) 1- 5^ 12-15 - 12-14;. " 11-28 (quar.) & 1- 12-15- Atlantic Ry. 5A pfd. (quar.).. Sugar Refining Corp. (quar.). .' Co. , . V " 12-28 4. $6 4 .12,15:4;,12-11 12-19 -,;25C: 412-28 12-284,: 12-224 7 5c , 4 12-14 1-15 1*1 Corp.<?(year-end)^ 25c-' American1 Rolling'Mill-Co.— J ■■■/<' * ,4Va 5k .convertible preferred (quar.) i $1V« '4?. «, American , • Wrigley ". 12-21 7 85 & Lock v,-435c -4 • Ainerican Radiator & Standard Sanitary— 4 "4II2 xr 12-18 >1.12-31 75c President .uncommon 12-23 12-10 - V / W ' fk ' : — (quar.l. (reduced) •• 12-22'': 12-144 12 'a C (quar.).—.a;—,a/a Ltd. Co., common 12-221 12-31 75c 50c ./V iquar.) 12-30- — iquar.)—— (Bait.) 80c '• . (accum.),— Stock <1** J12-19 - 12-23 ^ !«y)i Union 1 Co., Ltd. (year-end)50c .iBi-monthly),,,.,^!-.;.1 1, 30c Co. ' (quar.) ■ 25c- Co. Lines, Ltd.— •*••51, /preferred '.'(initial)*1j 12-31' v ..,4Qc^- 12726 (Bait.). (s>-a) Co. (irregular) :,,_4,4, Stores, Inc., $5 prior pfd; (quaivjLrj. .• preferred (quar.) 65"k American 12-21 * •• —a/; A 12-28 $1% •: —- .... (quar.)—.. Class 50c 5c — Trust & ' •-« 4 Whitney Blake 1 43%C -- Wieboldt 12-28 Optical ^lBcv;12r28" 12-14 Extra 12-15 12-18 I- /> ,/T-""2 1 $142 «.'^:1- i.r ^ Metal News P'"■* ^ Cal.— American American '• 4*' 'V* 1- '1 (year-end) Wheeling & Lake Erie Ry..-,_-^jr.—A/j-— 12-28 $2 (4' (year-end) Diego Gas & Electric, Sliuron preferred 12-28 Joseph Ry., Lt.. Heat & Power— prefererd (quar.) — —— Joseph Stock Yards (quar.),... Sherwin 65k' prior Wichita ! V$L20 «.• (quar.) of i 1-2 >•'< common—-.'::' Cos. 12-24*'' 2 12-29 v, - Westinghouse Air Brake Y.)—- (year-end) 4; common • (year-end), preferred (s-a) 25c (N. 1 (quar.) Massachusetts National^ Bank ' 12-18 ; 51 Staffer preferred 17 (aC .A—_ ;__4: Paper Co. Deposit Selected Light & Telephone, Pipe & Steel Co. 10-16 12-17 12-24 - v. — 25c A $4 4 —A—.4V4 Western Reserve Investing—---r 12-31 ' 10-26 12-24 8(4 . 4. If—— .... Scullin • •> 1%- 60c —— (Toronto) 4,-4 - Common •• 12c . . Co. Western 1-26 1-20 25c - ..... (quar,),—. & Pump Co. Rubenstein (Helena) Schlage Assurance preferred''(s-a) :. . .12^19t American 4. 1- .$3.25 — Western 12-16 2-25 20c . —. of N. Bank convertible Savannah 7 5k 1-15: 5c —————— ... R'omec Savannah '12% 12-15- 5c (irreg.) A——4.4—4 „ Western Insurance Securities-— 4 65k preferred (accum.) -_j—— 12-14 Western class Machine convertible Raisin Sangamo Western 1—4> 12-24" ■ — 4. — Western Rochester Trust & Safe Deposit Co, Common (quar.) — 51 N. 1-15 (quar.) Manufacturing Co.,—.x4._ New-Brighton Bank (Staben Island, • Y.) (s-a) A.J .—4.' West 12-24 12-26 Francisco Wentworth ■ 3-15- 25C Corp., Class A Corp. Quarterly Reynolds Metals Safety 3 3- 5c Rensselaer ',41 2 12-15 • — —T Corp,, common...— .-a.a „ ■ ! 51 prior preferred . (quar.)—.• , <51 class A, Skilsaw, Inc. preferred (quar.) — . ,(qitar.).——„y 4 . * Southern 1 Bleachery & Print Works— , ., — 71, preferred Southern Gas & (quar.)— Electric, Spencer Shoe Corporation Square D. Standard $4.50 preferred Standard '$1.60 Co., 51 Brands, conv. Inc., Dredging, convertible Paper Mfg., Insurance Class B Radio, Ltd., (quar.)— V (s-a),4 (quar.)—^ Phosphate & ... 5'fo I'/r Steel (Frederick) participating Co. of Products Sun-Glow & Co., & . Ltd., (quar.) Acid conv. ... (quar.) .... ——— pfd. (quar.)„ 61 Great Southern participating . Alabama Power preferred 12-12 12-15 Alaska 12-15 Alberene Stone Corp. of 410c 1-10 $7 preferred 12-31 Albers Alberta Allegheny — $4.50 Ludlum __v_ 3- 5 - 12-23 12-18 12-28 12-28 12-26 Chemical Laboratories & Dye 2- 1 1- t75c 2- 1 1- 7 7 Allied Products is-a) 1 $1 15c A i Corp., 20c 12-28 12-17 12-15 Alpha Portland 12V/C. 1-15 12-31 Altoona & Logan 68%c 1- 1 12-17 Aluminum Cement Co. of 5' . Atlas Drop Atlas Tack 12-11" 12-21 12-15 12-22 : 12- Autocar : 12*19 45c 12-29 1- partic. • 7 ' Extra Corp. Avondale Mills 12-30 12-14 Avery & Sons. 65k 12-24 12-12 12-12 ' 2 12-31 1-2-43 .12-22. 7$c 12-21 (year-end) $2 12-22 (quar.i .$11 1-2 • Baldwin Balfour 12-17 Bangor 12-1* 12r 12- 7 75k 1 . Valley Elec. Ry. pfd. 12-15 Monthly Badger 12-12 25c — Co. ■ Babcock & Wilcox Co. ■ - (Hartford) 12-23 12- 75c 1-2 1- 5 9 12-18 ' (quar.) 12-7 12-19 25c preferred 1-2 11-30 40c 1-2 11-30 15c 12-21 11-30 7c 12-23 2-1 20c 12-22 , 1 (quar.) 37VzC (year-end)' Mills.,. preferred 12-22 12-29 1 (quar.) 2 12-21' 1-15 8 12-19 12-10 '■ 12-10 12-29 12-13 $1 12-30 12-T9 $1% • 12-21 $1 (quar.)-.4- Bank of Amer. Natl. Tr. & Savs.. com. (quar.) $2 convertible preferred (s-a) 50c 1- 12-10 12- 50c Works'-iinitial) Building vtc; (quar.)'. Hydro-Electric Co.-— 61' preferred 12-10 7c (year-end) (irregular) Locomotive 1st 1-22 12-21 37V2c i.__, Mfg. Co. Paper 12-1 ; 25c ... (monthly) AxelsOn 1- (quar.)./^ (year-end) , (Del.) 12-14 12-24 pfd. 1 2-1 50c , ' —-4 Aviation 12-28 1 -20-43 ' 2- $1 50c 12-19 $11 : <year-end) America, ,6 5/ $3 Voting Machine 1 15c 4 Coi'p..r;.__.4_;_:___l__Ji_;.._„ 'Automobile Insurance 12-10 $3. Forge Co., Automatic 12-26 12r 62V2C • Common.. 1 * 12-23 43%c 55k preferred Iquar.) Allis-Chalmers Mfg. Co._____i 12-31 • t$l%-. v 1-1-43 25c (quar.) common 43%c . -a-. 2 (quar.) 45k pfd. A (quar.) (year-endi. ' ; 15c — ' (quar. Stores •• •12- $i:.1'-. 12-29 *, $2.50 Class Allied $2.50 prior preference Atlantic Refining Co., $1.00 (special) Corp.,-common 12-21 * I 12-11 35a 12-26 175c /. , • Allied 12-5 -1-*. 2 $1%~. •" • — common— Ry. • ' • — Va.' Steel, 12-17 12-24 , $11- 12-22 SI1!' • 4 (quar.)— Salmon Allegheny & Western 3-15 — Super Markets/ Inc./ pref. (quar.)^.,^ Wood Preserving, 75k pfd. (quar.) 12-31 12-18 2 12-24 12-24 ; / $4.50* ^ 1-10 12-29 12 V'2C' ' (ordinary):, (quar.)—— Co." Pacific 1- 50c _:J/k RR. preferred $6 12-28 $11 (quar.) ... (quar) Inc,__—A Associates, Alabama 12-28 25c ——— Engineering (quar.) Tb preferred (quar.)— Industries 2-19 Works Fuller, Simray Oil Corp., 5'/a Vc 12-21 Air Allied common ... 1 I 12-18 S3 4 common preferred Canada, preferred Stix Baer 3- 60c State Street Investment Corp.-— (Boston) (year-end) Steel 12-23 $71 , . . 3- 50c (Increased) Stearns 12-30 .3-15 aoc Wholesale . 75c 6'r preferred A (s-a) Spring (year-end) Standard 12-31 1 40c (quar.)-, Steel 2 10c Standard Screw, Standard 12-22 i2- $11, (initial) A 12-29 10c —— class 12-15 $11 . (special) common 12-20 2 25c — —. (quar.).— (Hartford) (quar.) 1 1- . , preferred Standard Standard (resumed) pfd. 1- $11- (quar.)-V"" common. common Fire preferred pfd. (quar.) Standard 61 $1% 51 ' 7 12-21 .,,, (year-end)' common Telegraph (quar.),,, American 1-'2;. 12-12 Fargo Bank & Union Trust-— San • $2 .- - Reliance Electric & Engineering. 511 1- $1 Common River 1 ^ (quar.) (quar.) (irregular).. Hole Co., 1 4- 4-- 1 _ (quar.).. Go. Co. 1- 65c (quar.).;—a_—.....,-4. Co. Machinery Pump Reed Drug $7 1-1.5. 4*-4$Ui , com. 1-2 *12-31 $5 (year-end) com. District preferred American Felt 9. 12-22 -3r (year-end)j. preferred 1- 12-22 / $P y T-v/f'*- new- 50c $ 1 Va . County— American Export Lines, 5 5k preferred American Express Co. (quar. 1 _,1 12-22 s 1"T20,,- 15c (quar.)—— class A 12-21 12-17* (quar,),,- preference 51 10c .• (quar.).—4— Sugar Co.- A 12-28 , 20c ——4, ,.. Weeden & Co.-. (N. J.)— B Reinsurance < Co. preferred Bros., - 17 Vic ,. (quar.)—,—— non-cum. Wells 20c prefetred Employee's Recce. Button San 6',k - 1* 75c 12-21 2nd 12-21 12-23 30c : (year-end) (quar,)...., Washington Title Insurance, 12-21■ 2 75c (s*ai,- (extra) preferred (irregular) preferred (quar.) Rcda St. $3 1- - $2 Va (year-end) 71 461. preferred Quebec Railroad - 12-12 1- 25c 4' G'to preferred (monthly) Puget Sound Pulp & Timber— . 12-22 $1.31(4 (quar,).— Insurance Co. Gas Public Service Corp. ' 12-21 $1 — , Water Accident Provincial St. 1-15 12-14 12-28 2- preferred 1-2 (auar.)4 common American 12-19 ! (quar.)—it- common...— 12-18 $3 (year-end) B-common Common Mills— Cotton V 12-26. S1 'A Wagner Baking Corp.; conv (year-end) 1.75o .preferred (quar.)__.—,^_w— 1 12-21 $1(4 common.— (s-a) Procter & Gamble Co. 8 1 Providence , Wabasso 12-18- 6% Co., preferred 50c — (quar.l— 7 5k, - 35c , Pittsburgn Bessemer & Lake Erie RR » 12-30 preference Hosiery Vlchek Tool 12-18 $lVi , common Alleghany 12-24 • Pilot > Bank Vanette 12-18 • 15c 1 1 12-30 a prior Valve Bag Co., $1 50c —' (s-a.)_ $5.50 Iron,' & ' Class 12-28". ■ , Sugar 60c class A pfd. (quar.) 3c 12-18 of 65k preferred (quar.).,-a American Cyanamid Co.— ; •. all Vagabond Coach Mfg.—... pfd. A (quar.)— conv. Utah-Idaho Valley Mould common (irregular) (quar.)—— Phoenix ,_4— clears 10G 12-18 (year-end) preferred - 12-16 1- 2 15c $1 preferred 55k (year-end) 12-18 Phillips Packing Co., 5'Ate 12-24 Co. American Crystal Sugar, 12-31" $7 .1- 4 • 12-23 (quar)—. Bank—, Extra Coal American Colortype Co., •" .12-19 .: 25c (accum.)—.,. Stockyards 70c conv.-pfd, (quar.),. Utilities, common (s-a)——.. A. United 12-28 $1% • Corp. 12-23 — Philadelphia United 12-23 12-16 12-16' Year-end 4 12-16; ■ — International. Securities Corp.— preferred (accum,) — Plywood 12-23 (year-end),——.——4, Philadelphia & 1st S. 5c Pennsylvania Power, $5 preferred (quar.) Peoples Nat'l Bank & Trust (N. Y.) (s-a)— Co. U. $1 10c Perinutit 12-31 2(/ac (quar.)—;. preferred Corp. 12-20 S. $5 12-15 $1 U. 12-15 12-10. 12-28 $1.31 V* (quar.) 12-16 12-24 12-19 12-22 12-28 Can Pipe, 6 5k pfd. (s-a) American Central Mfg., 4 5k conv. pfd. (quar.) American Cigarette & Cigar 65k pfd. (quar.) American • Coach & Body,, 12-26 ', ••' 1-15 $63 — - 411 1-15 12-15 preferred 12-16.4 12A19 12-10* 1 1- 25c Cast Iron ' 12-10" .1-1 , 50c American 1 4 arrears) — (quar ) Machine & Penn-Federal 1 1- 12-15 $1(4 Patchogue Plymouth Mills, common— i 3.1 preferred (annual);.— ——uw,; Pedrick 12-22 20c (irregular) common $6 12-18 1 ' (quar.)^J_,l,"4,i__k'_t.^4-_,_,l_' 12-22 ■' ...—1,1, Co.. 7(4. preferred 4 1- 2 $3 Va Co., 75k. preferred (quar.) ;.,, Capital Corp-., $3 pfd. (accum.),, $1: Foreign Securities^— . 1st preferred (quar.)-—. 2nd preferred (this dividend $6 50c (resumed) preferred 12-10 12-16 $2Va Cement, 6Ya7<> pfd. (accum.) Package Machinery Co. (special)-^ Pan American Airways Corp. (year-end).... Paramount 12-21 $1 ('« — Pacific Portland Foil U. S. 12-11 12-21 50c (quar.) (quar.) S. $1(4 — series U. 2 1- 5 1- 1- 75c ' Extra American $ 1V4 (acc.um.)_..,— •* ■— American '• nu. • (quar.): 1.2-21 50c (year-end). Quarterly $6.96 (quar.) (liquidating). •/_ Electric & ——— (year-end) Power, common dividend Pacific (quar.) 12- 12-18 20c Bemberg Corp. .7% pfd.; (s-a),,„ American Brake Shoe & Foundry—4 * ; 12-22 25c 75c shares 1* 10c .12-23 50c 1. preferred —-4,. Publishers—: U. S. Fidelity. & Guaranty Co, (Baltimore) - 12-17 2 common,, '•.-.1-42 75C Associates— Trust preferred 2 1- '-'$14' - -4 A, — preferred 12-15 2 1-15 25c "American , 1st $1V2 l-,;2 ' Vi 95c Co.1 —_re¬ • 1- . 12-15 12-29 $1 12-26 . (year-end) Trust 65k 12-31: • 12*-31 ' 50c , 1-16 , 12-23 (quar.) 60c L— 1-2 $1.06V4 (quar.)___—__ . American Bank Note Co., ' 12-19- tvG-15 Trust; 12-28 12-21 1-2 . $3 Va 25c — (quar.)... preferred 12-19 •' 75k- pfd. (accum,) 10c common—— preferred 2nd 12-22 Airlines, Inc., common (year-end) preierred (quar.)___ convertible Extra 12-19, 2 .$3 - 43c (s-a)-_-_-^_—— (interim)-—-—— Service 12-17 - 2 1- ?$l-'4 .1 (s^a (year-end) . $134 ' Ohio 12-15* $4.25 1- 4 "$1 • Ltd./. 75k Louis 1* • .51! cl. (Los-Angeles) (quar.) Union.Investment Co. 7.6(»-preferred (quar.) Union Twist Drill Co. (quar.).—.., ,1'. 12-31 12-15 v 12-28 American .Alliance Insurance 12-15 2 • 12-31 50c — American 12rl4 nv/2- , 12-15*. 12-28 12-21 1- 12- 12-31 Amalgamated Electric Corp.,, Ltd. (irreg.)__ J30c Amalgamated Sugar (quar.) 5c Holding Corp; (year-end)—,4—37VaO American Agricultural Chemical (year-end), 30c 12-19 / 2 12-21 $5 of Rec. 12-22 $1% pfd;. (quar.), .'_i iquar.) Holdert Payable 40c Amerex • ' St. City Rapid Transit, Union (Milw.)—- (year-end) Co., 12-28 -»r is-a.) $7 jnon-cum. (quar.),.... $2 5c SH4 Noxema 12-147 (year-end),— , Dock- Dry Electric & 12-21 12-18 40c " — Corp Northeastern Northwestern 1- .2 12-24 r - Common - ' (quar.) Mfg. Co. 12-10 When thare Aluminum-Manufacturers, 75k 12-28 — 50c Niagara Wire Weaving 4 $2- — .... 12-15 ' Aluminum Goods Mfg. $3.70 preferred (accum.)... Traders Finance Corp., 6%(pfd. A (quar.) 1- (quar.)—. Co. 2 12-31 40c » • Name of Company * , 12-18•'' 2 %c , Securities, l',v 87V2C $6 pfd. 62 Vic (year-end)—.—.— Co.— Shipbuilding ,1- . Per of Rec. 12-24 j. $ 13 4 Monday, December 21, 1942 Holdert Payable 82 \<2 c & Allied Stocks 12-28 $l3/4 Co., (quar.) News Shipbuilding Newport 1- 35c — (quar.)— Trust 7 12- $2(4 & Light, preferred York New 12- When thare Taggart Corp., $2.50 preferred (quar.)_^_,44; Thayers, Ltd., $3,50 preferred (accum.)—,. Thompson (J; R.) Co. (year-end) Tintic Standard Mining 25c ; Power Name of Company Superior Portland Cement, $3.30 cl. A (quar.) Superior Watch Lb. & Pwr..7(e. pfd. (quar.)j $1 (quar.l..,— Co Process 0/ Aec. $3'/a — (accum.) — New Orleans Public Service $7 12-22 331c — pfd. New Orleans Land Co.——- New Per* Association— Power preierred 61 New Payable J60c :— (Year-end) New thare • Holder < Canada— Western COMMERCIAL & FINANCIAL CHRONICLE 1- 2 12-10 $1V'2 1^- 2 12-10 60c 12-31 12-15. $1 12-31 12-15 Number 4135 Volume 156 CHRONICLE THE COMMERCIAL & FINANCIAL - 2183 - Holder $ Per When thare Name of Company ^ Payable Spec,af -'-i../™—4-'™.-—™-r- _™™__ Bank of Bank of Bank 6f York New 2 12-170* 1- 2 12-17* 1 -t 2 $3'/2 (quar.) ™___*™™™~. (reduced quar.) :/_\ 1- 2 12-16 1- 2 12-2F 1- 2 12-21 5';(" j . '■ 12-31 12-31 12-10 35c 1-2 6':o 5 Barker Bros. 12- 12-10' 1-15 12-31 68%e 1- 1 12-21 1_ (quar.) ____/_ 1-2 *' 12-15 "12-30 40c :_™'™__ ™——™. $1 , Beatty 2nd preferred \ ;-7(i Beech Creek Befech-Nut BR. $7 '* & G'4 $25c 1-2-43 12-15 Central Illinois Light f$3'/2 1-2-43 | 12-15 ■: 2 $1 1- 2 12-10 1-2 12-15 t$l 1- uw* 12-31 12-15 12-31 • 12-31 , Central New(York Power. 1- 75c Bloch Blue Co. 12- 1-2-43.. $1% 12~8 1- :40c 2 1 $1V2 2 - 12-, 8 12-21 •12- 8 ' 1-2 75C 12-30 12-22 37'/a C _________ 12-30 12-22 10c pfd. Top Brewing Co. 6% -class A Bond Stores, Inc. Booth Co. f30c 12-21 Insurance 1-2-43 12-19 12- $2.25 12-31 $4 (quar.) 5 1- 2 2 12- 1- 2 12-8 16C 12-23 12-16 12-23 12-16 $1 V'4 12-31 12- 30c 12-24 12-11 20c Wharf Boston Brach & Co. Sons 12-24 12-11 (quar.)_/__ end)__ (year iquar,.)_ 1 Brazilian Traction Light & Power— 1- t $ 1V2 preferred (quar.)____ 6fr t 12-15- 2 25c 12-31 12-16 $1% commoni_____ t 5*4(F convertible preferred (quar.)______ Bridgeport Gas Light (quar.) Briggs Mfg. Co 12-31 12-16 Bridgeport Brass Co., 12-15 12-29 40C 50c — 12-15 12-24 6 71- preferred British & Paper, Ltd. Brompton Pulp 1- $25c • 1-15 12-16 1- 1-15 - (quar.)—, ;— Brown Penee & Wire, class A__—i„__—™ 12- 8'' 12-29 12- 8 Distillers Corp.— Brown-Forman 1-2 2 12-15 $1 3-5-43 2-23-43 50c v •„ 1-H 12-18 ■ Bruce i.e.. L.i / 3 *4 ',o v' 7 ¥» 12-29 12-29 12-17 si.75 12-29 12-17 12-21 11-28 ■; (quar:) . UOC (interim) Brock Silk Mills, Ltd: Brunswick-Balke-Collender $5 pfd. Buffalo iquar.) Products Building 1- 2 ' 2 12-22 Burd 2 $1 preferred <quar.)_„_™4 Piston Ring Co, (quar.)______i___i..__ $iy* . 9- 1 10c ' Byers ing Feb. .Co.™//—™_ 12-29 class B Co.. G% Cockshutt Plow Co.; Ltd., 12-10 i . . Common 12-14 12-15 50c 12-21 12-11 V Commercial Alcohols, 75C 1-2 12-15 ; Electric—, J30c 2 1- 2 12-15 12-10 Canada Canada Machinery Northern 12-26 12*r 10 12-10. 12-21 11-30 $50c 12-21 12-10 Commercial $15c 1-25 12-19 Commonwealth t$l3,i 1-15 12-19 J$1 1-2 12-15 •t$2 1- 2 12-15 1-2 12-15 Confederation ' 7'Jo - preferred (quar.) Packers, Ltd. '(quar.) Canada Canada Canadian + Canadian 5 0 Breweries, (quar.) Canners, $ 12 V2 (quar.) conv; Participating 2 2 2 12-15 8 'v* 12-31 12-15 Consolidated.Cigar Corp.-, common (year-end) $$ln,4 12-31 12-15 7(5. ;-t$l 1-15 12-31 6(4(5 1-30 $50c 1- t$l Consolidated Cpppermines Xlorp. 5 Consolidated' Edison Co_ 1N.- Y.) 5 I- 2 1- 1 2 ■12-15 Registered shares ' . .7preferred 6 7" 12-31 11-28 1- 2 12-19 2- Consolidated " $2c <quar.) Canadian Oil Cos., 8'.e preferred iquar.)___ Canadian .Southern Ry. <s-a)_ Canadian Tube & Steel 1-15 12-23 $12 VaC (quar.) $2 1 12-31 12-24 $1V2 -12-23 12-15 $50c 1-1 ; (accumulated) Canadian Westinghouse,Co., — _ Ltd. "f $1.50 class A. Mills —- (quar.) - . - (accumulated) 1 $50c '50c - Cariboo Gold 1- 2 1.2-15 12-26 12-10 Co, (year-end) 7—_ —— 75c 85c 1- 1 Reduced quarterly 12-11 12-15' 12-14 2-15 20c 12-21 12-12 . 12-31 12- 4 ■ . 1- 2 1-2-43 12-15 12-15 ——— 12-15 12-28 12-28 V 12-15 12-15 12-21 12- 1- 2 V $1.75 4 ; 4 12- 2- 1 1-15 50c 12-31 12- 2 12-31 12- 2 2-15 1-15 35c 12-21 12-11 '$2.00 •- preferred (accumulated) — preferred (initial) ______ Consumers Power, $4(4" preferred (quar.)_.— ; $5 preferred- (quar.) __i™ Continental j Assurance*-Go. (Chic,, 111.)— Consumers'Co.,' $3 . 1-2 12-11 4314c 12-31 12-22 1- 2 1-2 12- 7 12-11 Extra ' $1 $1(4 $1(4 12-18 12-11 50c Quarterly; $2c $114 12(4c _ - 12-15 $2*4 1- 2 12-22 12-31 32-15 50c 12-21 12-15 12-23 12-12 25C 12-23 12-12 12-31 1- 12-15 2 12-15 $1'4 12-26 12-19 20c 12-21 12-21 12-10 $114 12-23 12-23 $2 2-15 2- 1 12-21 12- 5 25C 12-10 $2 1-5-43 12-19 $114 RR. 12-23 12-23 (s-a) $4 1-15 50c 12-21 12-10 $3 , 12-28 12-18 1-20 12-18 $1*4 1- 7 12- 12-10 12-22 12-12 partic. pfd. (s-a)__ Co., Ltd.— 75c 3-1-43 2-10-43 preferred (accum.)___ Corp.-Seagrams, Ltd.-— :$1*4 12-24 $1*4 (special) Car Co. 6(4 Construction (irregular)- _ iquar.^ 12-10 2 $1 12-23 12-14 12-20 11-17/ 50C 12-28 $40c L-20-43 12-31 J25c 1- 2 12-19 (interim)——™— Co. 1-15-43, 85c — (year-end) Die Gasting 1- 1 12-18 2-1-43 62V4C Crucible—— Co. , $ 1V4 (payable in U. S. funds) Ltd. i Foundries & Steel Glass (quar.)—— Co., 12-10* 12-19 2 12-15 1- 2 12-15 t$l ®/4 1- 2 12- $$H4 iquar.) 2 1- $$!%• Co., common 1- $81V4 (quar.) common preferred (quar.F non-cumulated participating 60c : Corp. 1-15 12-15- 1- 2 12-15 5 Manufacturing Power Co., Tire & Rubber Goods, preference (s-a) Dupian 8'4 8r5 Du Corp., (E. I.) de preferred $4Va 6(4 12-15 1- 2 12-21 $50c 12-21 12-15* 12-31 12-15 12-22 12-14 12-14 2 $2 j.™—2/ 1- 4- 1 3-15 Nemours— 1- 8 81*4 (quar.)—— 1-25 $1*4 1-1-43 12-15 m*4 & Fuel Gas 2 12-21 1- 1 12-15 1- 1 12-15 Associates— (quar.)2—; prior preferred 75c (accum.)——„ Talc. Co., (quar.)., preferred 1- slvs Quarterly 4*4 (5 5 $114 2 $2 — Ficher Eastern 12-12 12- 1- 50c Lead Co., 6(5 pfd. (quar.)__ Eastern Canada Savings & Loan Co. 1 Halifax)- Eagle 12-23 12-22 $62 *4 c (quar.)—.—— preferred (quar.) Pont 12-11 $1*4 / common—. common..—. preferred 1- 60c . 1st 5(5 11-28 12-17 12-21 75c $1*4 ^ (year-end)— 7(4;preferred (quar.)4—/, & Bradstreet, $6 preferred (quar.) Dunlop 2 12-27 75c . Co common ... 15c , common-—/™,—. Driver-Harris Co Duke f.60c preferred (quar.)—— Corporation, Dresser 12-10 $1*4 Theatres, Kodak Eastman 6(4, t Paper, & Ltd. Co., preferred Eatoii Eaton Corp;, Ltd., preferred pfd. 20c (Texas) 12-15 12-24 12-15 3c 12-31 12-10 12-21 12-10 $1*4 1-15 12-31 1-15 12-31 $1*4 1- — (quar.) —— common——— & Musical Industries, Ltd.— —1 registered 6(4 1-4-43 12-28 - ——-— 12-22 12- 20c (quar.)„_ 12-21 12-10» 12-21 12-10 $1*4 (year-end) 7(5 (quar.) (s-a) 8'5 preferred 1-15 1- 4 $3.50 1-15 1- 4 $3.00 1-15 1- 4 $6 pfd. (quar.) Corp. 4*4 r5 pfd. (quar.) Engineers Public Service Co., $5 pfd. (quar.) $5.50 preferred (quar.) — $6 preferred (quar.) —- Empire Power Corp.. Emporium Capwell 5r5 1- 2 12-20 12-15 12- 5 56 *4 c 1- 2 21-21 $1 *4 1- 2 12-14 1- 2 12-14 1- 2 12-14 $Hb $1*4 12-21 12-28 12-19 25c — 10c 50c (resumed) (initial) Cleaner Co. Inc., common preferred Iquar.) Ex-Cell-O Corp. (quar.)— Fairbanks Morse & Co. (extra) Eversharp. 1- , $1*4 Vacuum 9, 12-20 12-19. $1.60 _ 50c Eureka 12- 2 12-24 $1.00 (s-a l —— (quar.) —_ Drug Co., 12-21 $214 pfd. Ely & Walker Dry Goods, common— 7(5 1st preferred (s-a)_ Emerson 2 ————_— Williamsport RR., preferred 12-11 12-14 10c National Watch Co, Elizabethtown Water 12-28 12-22 — Consolidated _: Extra 12-15 60c 50c Storage Battery Products 2 50c — ——/— " 2nd 12-24 $134 (quar.)— Electric 6(4 12-15 12-15 1- . (quar.)_—— Co & 12-5 2 12-24 5c — Auto-Lite Electrical 12-5 $114 ordinary- Electric Ordinary 2 1- 9 12-15 2 1- 10c preferred (quar.)™— El Paso Natural Gas, Electric $1*4 $114 preferred ' Electric Co. $4.50 12-31 $ 1 ¥4 • preferred A El Paso 12- 12-30 —— Electric, 6(5 Paso Elrnira 12-15 2 50c — -r— — (quar.)_,—— Egry Register,.5*4 (5 Elgin 12-18 1- $1 v-_——™-™—■' Ecuadorian « 1-2 $25c (quar.)_ $3.50 non-cumulative (Stock Fund) Extra 7(5 (resunpHfl common Howard Balanced Fund El 12-18 50c (accumulated)— $5 preferred v.t.C. Eastern . 12-10) 12-28 Sugar Associates—• Eastern ;• 12-21 25c Lines, common (year-end) 4 $2 convertible preferred (quar.) Eastern Steel Products, 5(4 conv. pfd. (quar.) Eastern Steamship 12-21 $2*4 Eastern Magnesia > 1-2-43 30c • 12-18 Quartz Min. Co., Ltd.— " -1- Extra preferred tquai\>±_-_ Consolidated Steel Corp., Ltd.— - preferred series A <quar.)___ 12- 5 12-11 75<5 $7.50 preferred; {quar.;Va-ii—_—— Ltd. (s-a)_ 8V Co Capital Transit — ___ Consolidated Gil Corporation'(quar.)—; Consolidated Retail Storesr'com. (year-end) Capital Administration— ; (quar.) -Consolidated Mining & Smelting, . Canadian Wirebound Boxes— Camion 12-15 1-15 2- 1 12-2S 5 25c Motor Mines, Dravo 11-30 12-24 11-28 . 1- 12-23 (Joseph) Draper 12-11 80c Trust 12-15 7(5. preferred (quar.) Woollens & Worsteds— 12-11 12-11 ' Products— preferred (quar.) Investment 12-31 $1 Dominion : 2- 1 Consolidated Laundries, Corp.^— 12-15 $ 1 ¥2 _ $25c conv.relass A —■ Special-_(™— . 12-28 t$l34 75c 1- 2 55c ' 1- 1 $1(4 -1- 2 $1(4/1- 2 tl5c 1- 2 $1.50 12-24 $114 3- 1 V*'$5 ^preferredM1quar;)'.^_4'i2__a____L--__— ' $1(4Consolidated,'Film Tnd'istries $2 pfd.|25c Conspirdated ; Gas, "Electric Light & Power >. 1 Baltimore)",''..common (qur.r.) 90c 4(4"(5 preferred B- iquar.)__$1.12(4 4("..preferred G (quar.)T'r_ $1.00 12-15 1- (year-end) 12-12 12-21 Dominion Textile 12- 4 $l8/s (quar.) 12- " Canadian Malartic Gold Mines . : 12-28 12- m v'a preferred preferred ." (quar.) (quar.) 2 . ! /_ 12-31 preferred , __ Consolidated.-Bakeries:oT Canada • j Foreign $5/.preferfed:"(qUar,l 12-12 12-24 ■1;25c 12-31 12-31 12-23 $$1(4 $3c _____ (quar.) 12-24 50C Pepper 7(5 12-31 12-21 12-21. 12- 8 12- 8 12-10* 12-10* * 2 50c 7(5 Dominion 1-15 12-21 .112-21 12-21 $$3 Power Co.; common. Co.,. $4.50 pfd. Power 12-15 $$2 preferred "(quar.I'*..!. Light" $25c ■ $114 5, 12- 12-19 31 *4c (s-a) Co. pfd. (quar.) Dome 12-15: 1- 2 1-2 12- 12-22 $1 Dominion • & Coke Securities—' 12-21 $$2 ,(quar.)——— Investment,— (quar.) — Canadian General Electric, Ltd. (quar.). Canadian General Investments, Ltd.— 6% * ' $1(4 12-24 $1*4 (accumulated)..™______ (year-end)! Hotel Doehler : $25c Foreign Canadian preferred Connecticut -/" . ,. t25c . '.:;'V ,■ ,''$1%..''.;:,^ 1- 2 (Toronto)— 1-11 t44c 7 '!o. , -S3 • 12-15 1- 30c .Mines, .Ltd.*. (quar.)____________ Connecticut Gas 1- Assurance Dr, 12- 8 1-1 —~ 1-2-43 Corp.___ preferred Witt Dixon, 12-15 12-28 12-28 1- 1 1- 1 12-21 $1.06(4 ._i__4_"_™ Quarterly Coniaurum 12-15 Connecticut Canadian Cefnnese, Ltd., common (quar.)__^ ♦. Life 12-15 $ 5c (accum.).____ preferred (quar.) _™L_ receipts Canadian Converters/ Ltd: (quar;)_L__£i—_ Canadian Cottons Co.,-Ltd. com. (quar.)—_ ______ - 75c 75c preferred 12-15" • participating preference preferred iquar.)_____4_ prefefred.;'(huai4)'__^2i___'__^_--l4____ 1-12, $i5c preferred (quar.) —U_——— 5(4'5 $6 5 30c ; ' $7 Canadian Car & Foundry—- 7',o 12-31 12-23 ;: 2- 1 1- 2 1- 2 1-15 1-15 1-1 ♦wr* ■ $3 1 DixierVortex Company Class A 12-17 12-18 35c ' Light— * 1-2 $5c — 60c non-cumulative 1- c $25c L_ Participating - $85c (quar.)______ (quar.) common 1st preference — Water. & 1-15 Giorgio Fruit Corp,, $3 pfd. (accum.) 5¥0 > 5-15 12-26 12-28 $10c Corp,_a:z:_x_—_—___r ; .. Ltd.-— convertible preference $3.40 • _ Permanent Mortgage 6-1-43 $1.06(4 , Solvents $1.25 (quar.) Tunnel Steel $1.60 1- 2 12-10 12-11 12-18 $5c ' (quar.)_____ Confederation Amusement,'8(5 partic. pfd.__ (interim)——__ Power common (quar.)4» Co, 1-15 Dun / 7(5 preferred (quar.)___ii_4__^-_-,___-_-Commercial Credit, 4(4(5 conv. pfd. (quar.) 5 Common (quar.) 5—^ ___' Commercial Investment Trust,- com. (quar.) _ $4.25 preferred' (quar;)._________'_____4___ $$l*/4 __ River Disher Steel 12- 3 12-19 12-19 12-10 $1 $1 Ltd.,7common__4___— 12-26 $1,146 (quar.)__ preferred $3 ; $25c preferred (quar.)'.. i Commercial. Banking,, $1.20 prior pfd. (quar.) 12-15 1- Di 12-15 $1% 1-15 75c '12-21 50c 12-24 $1% 1-2 8(5 $$1(4 (accum.) 7(5 Detroit, 12-30 12-10; 12-10 • : 1- 2 12-14 12-15 Detroit-Michigan Stove Co.— Detroit 12-11 $1(4. 6(4(5 preferred (quar.).' $1.62 Colonial Ice, $6 preferred ;B, (quar,) $1(4 S7 preferred;;.(quar.)$114 $20c (quar.)___ Canada Cement, 6 '/j %' preferred 1st preference ' "12-11 16(5. preferred .(quar;)_/aL_/_" 12-26 ______ 12-28 12-31 25C Detroit Hillsdale & South Western 12-11 12-22 $1.06(4 12-14 $114 15C (N. Y.) Harvester Detroit 12-17 1- 1 12-30 12-30 ,12-21 12-22 • $$l*/2 2 1- 2 * 12-28 $1.50 . ; Match Co., 7 12-10 $11a ptd. (quar.)___ Derby Oil & Refining Corp., $4 pfd. (accum.) 12-1-43 11-15-43 75c Southern'Ohio Supply Diamond (extra): Columbus & 12-29 162 V2C Dentist's 8-16 (s-a)____ 12-23 Extra 9-1 _____ 12-8 82 • 12-22 10c Electric Delta T ' 12-14 $2 1 Diamond •' ' 12-16* 2 1- 1 of Canada— Eye (quar.)— (quar.)_ 1 5-15 , (quar.) Corp. (s-a). 1 12-22 12-29 12-14 12-28 25c & 6- ■ 12-24 25c (year-end) $1 Va (year-end)_r4______ Colgate-Palmolive-Peet— i -jxt y $4.25 preterred: (quar.)/LL™_L_^_-_*/_____ 2-22 RR. Hook Delong Distillers common Inc. Alkali 1- 1 11-30 ' Diamond Lamp.&"Stove $1.8521 (s-a) -_a-™^; 1st pref. (quar.) Delaware De 12-21: t 12-20 (quar.) 2-15 •' 3 12-19 12- 50c (quar.) 6pfd. Records 1 1- Co. (s-a) 3- 85C 12- 2 12-24 10c (resumed) Securities $1V4 $1% (quar.) Co. 1- 25c Year-end 50c ■' 37 *4c Corp." (quar.) preferred Decca $1 62(4o Cohn & Rosenberger, Inc.: (year-end) Coleman 4 12-11 (quar.) 5 (5 8z Dejay Stores, $ 1 Va 12-23 (irreg.) convertible Debenture 12-12 . 12-18 $1 (year-end) common (year-end) preferred (quar.) David & Frere, Ltd., class A (quar.)_ ! Dayton & Michigan RR., 8(5 pfd. (quar.)__ 5(5 12-5 12-22 __ 2 Canada Cycle & Motor Co., Ltd. com. (quar.) 5(" .12-22 $3 12-31 Davega Stores Corp., 4* t2y2c 12-18 $1.50 Curtis Publishing Co., prior preferred-™-— Dairy League Co-operative Corp.— 5(5 preferred (s-a) 12-4* '; 12-18. 12-31 6(5 class A prior preference (s-a)___ A > $114 Works,- 7-pfd. 1- . 12- 1-1 ; ■ (.quar.)/_LL_/_-i_——_ Co.,^ common (year-end) 7(5 preferred."(quar.)'___;__ - Camden & Burlington Co. Ry. '• ■ Chemical'- Co.. 12-15 ' Canada Bread 1- 1 12-18 12-31 Cunningham Drug Stores— 12-15 12-26 12-31 $2 County Power & Light, 5(4(5 pfd. 6(5 preferred 12-15 12- 4*. $1 4 12-15 $1 Cumberland 1- 2 75c 12- 12-15 12-28 $2.50 Publishing Zellerbach Cuban Telephone Co.. 1-2 50c- ____ 12-21 12-28 iyear-end)__ common (year-end) Crum & Forster 8(-5 preferred (quar.) j. Cuban American Sugar, 5(4(5 pfd. (quar.)__ 7(5 preferred (quar.) ; 12-12 12-14 12-10 12-12 12-15 12-10 12-21 12-21 12-21 1-1-43, 12-22 $1 Water 12-15 12-15 $1 (s-a) Cork & Seal Pacific Ry.- & "Texas 12-28 Crucible Steel Co., common $$1 (quar.)_i ' 12-15 25C (irregular ____! Crown 45c (quar.)_ , 12-15 12-28 10c common Crown (Toronto)— Cluett- Peabody &: 12-15 12- Orleans New 2 $3 12-21 ' 1- J 15c (A. M.) Co., 77" preferred, representthe quarterly dividend of $1.75 due 1, 1942, and interest thereon-..— California'.Ink 12-21;: 25c ' (extra) Burlington Steel Co, (quar.)™___™_™,,Bush Terminal Co., 6(4 pfd. (accum.)______ Burlington Mills Corp. • 2 1- ^(year-end)______________ Company Bunte Brothers 5% Clinton -Clorox 12-14 . 12-28 Bullard ; 12-15 1- noc 6(4c Mining— 11-20 Co. Wheat Corp. (reduced i_ of America Inc., com, Wheeler Electric Mfg.— Croweil-Colller 1- 8. 12-10 Year-end. • 12-15 tn'/aC ™_™_™™™. 1- 4 Gold 12-20 1-2-43 1-2-43 75c of Crocker 12-10 2-1 $3c . . 12-19 l- 75c 1- 1 $1'(4 •" $lJ/4 Co.' 7'4* . ' . $134 (quar. preferred (quar,)_™ National Corp. (year-end) Bucyrus-Erie * " 1- 1 1-1 ______ 12-17- 25c 87*20 Co..: & preferred '(quar.) preferred ■ . . (accumulated) ™/-™___4___:; preferred 1-1 | 7,(5; preferred iquar.) ••• $6 1-15 •' 12-15 1- 30c Larder Lake 7 12-10 50C _ ; Creameries 12-15* I2r31. 12-10 12-10 ,12-10 12-28 $114 $i (4 $1(4 :Citizen^ y/holesale Supply; Co.~ : '6(5.. preferred; iqugr,)75c Qity Auto StampiHg^ (quaf:)Iji__4__--__---_/. 15c Clayton Silver'Mines: (irreg'iilar)___i___jl/J._v ' 1(4C Clearing Machine Corp. (quar.)_i:__a/_-:__r_ 25c Cleveland Electric Illuminating—' .V" ' • $4.50 preferred' iquar.) $1(4 ,5 Cleveland Graphite-Bronze, com. (year-end) $1 ::8'Jc preferred-1 quai\)— $1(4 Cleveland -Worsted' Mills' 1 year-end)/___—$1 Climax' Molybdenum-Co;; (quar.)30c 12-10" 12-29 $ 1 v* Company, Water'.Cd:((Wash.; Pa,)-^- Citizens . 2 12-21 75 c 5preferred , ^ 75c Brooklyn Borough Gas - (quar.) F 6'*W participating preferred (qua^)™-./:,Brown Durell Co., common (year-end)™--, 50c $1.18 Cincinnati & Suburban Bell Telephone (quar.) 12-31 l'50c •' 12.28 . 62(4c' (quar) 4 12- 12-21 $114 (year-end) preferred Crane 12-11 12-11- (quar.).v_ A preferred ser. Co. Phosphate Common preferred (quar. . 12-24 25C (quar. )™/..^" 12-19 12-31": " - $50c iquar.)____ • 1-15 V2 'in 2 $3.50 preferred (quar.) 5(5 preferred (quar.)4;if;!;^___—_™-—— 5(5-preferred (quar. ; 12-10 2 12-28 5',5 12-15 2 1- (quar.)_:_/il_*_J.; Co, Investing ; 1- 2 ' non-cum; Cincinnati 12-15 2 25c . Power, class A Columbia Street 2 1- f$l'/2 — British Columbia Electric Ry., 5'4. pfd..(s-a) Broad 1- Gas—- & (quar.)___ ; 50c (quar.)_™:__ Electric Power Columbia British 25c (.irregular $2 participating preferred A British American Oil (quar.) $1(4 (quar.)________ Y.) (year-end) 12- 12-28 8,114 811a (s-a)___ - Chicago Burl., & Quincy RR. (year-end) Chicago Electric Mfg.— ' $2 class A preferred (accumulated) • • Co,,, common ( 3rd preferred ___________ ' _— Brillo Mfg. 3-6(5 Chicago Flexible Shaft (year-end) Chicago Great WeSternRy.; 5''c pfd. (accum.) 8 6C Trust & Executor _ 12-24 (s-a)' > 12-31 12-15 12-24 12-14 12-28 12-15 Chicago Mail Order'Co. (year-end) 50c 12-22 12- 9 Chicago Mill & Lumber (year-end) 60c 12-21 12-15 Chicago & Southern Air Lines com. (irreg,) 25c 1- 2 12-10 7(5 convertible preference (quar.) 17(4c 1-2 12-1 Chicago Title & Trust•fquar.)_5___. $1% 1-2 12-19 Chickasha Cotton Oil Co. (quar.25c 1-15-43 12-16 Quarterly 25c 4-15-43 3-17-43 Quarterly :_2Ci 25c 7-15-43 6-16-43 Quarterly 25c 10-15-43 9-15-43 ."Christiana Securities'7(5 prefererd. (quar.) * $114 ,1- 2 12-19 Cincinnati Gas & Elep.v* 5',5 pfd. A (quar.) $1(4 1-2 12-15 12-10 1- $l>/4 $4 . Co.'(quar,) Property 2nd preferred , Year-end , 11-30 $5 Personal 4-6 rl> 12-31 1-2 " Chesterville ' Boston 5(5. 1st 12- 5 12-17 12-19 ^ Extra - ■ Boston 12-20 $$2 « Chesapeake & Ohio; Ry., common ' 12-15 ■ 50c ." 4— ■ 12-14 40c 75c ,_™:_ Railway 1-2 " 12-22 * (final)____/_________:™_~/___'_ Boston Elevated Coty, Inc. (irregular) Craddock-Terry Shoe, $1 Quarterly 12-15 (s-a)_/__ (quar.) Boston & Albany RR._ Coronet Cream 5'^ pfd. Chemical Bank-fe'Trust Co-."(N. 2- 12-26 12-31 $'3 preferred (initial) (P. E.), Borden 12- 12-23 SI Va (quar.),™ Trust Chartered 12-15" $1.25 (year-end)______ 6% Tobacco Copper Range 12-17 12-31 ,<Central>,Statqs -Edison,,.Iqc,___ 10c Central Steel & Wire 6(5 • pfd. (quar.75c Century Electric" Co.; (quar.) 10c Champion Puper-iz Fibre By* pfd. (quar.)$1(4 Chapman>Valve Mfg*.,-'common (quar.) 50c 4 "1- 1 $1 • (year-end)— Brothers 12-17 Specialty Co./-—/_£: Central 12-19 2. - Blaw-Knox 1-1 _ Central Patrjci'a Gold Mines $1% (quar.) 12-17 1-1 preferred- fquar.);L.l._'________;._______ 02 V2C , Mfg.-' Co.', rquar.)_____™___ (s-a)__^*_—___ common' 1 75c $1,5'0 convertible preferred (accumulated) 434pfd. (quar.-) pfd. (quar.) f $8 preferred'; (quar.") 6(5 preferred. -(qua.r.r_._™'™____________ Cement-— convertible preferred 1- Cooper-Bessemer Corp., common $3 prior preference (quar.) Central'Maine" PoweTN^7(i) $1 1938 (quar.)__ (Bklyn.) (quar. 7(5 - (year-end) Telephone Co., 6(4(5 pfd. (quar.) participating preferred (quar.)____ 1-15 Central Kansas'.Powef Co., - 12-31 12-17 $3.50 .'' 1 12-10* - 12-31 * 12-15" 12-30 12-12 . Corp.--- 12-23 1-13 75C 1-1 (quar.) $1^4 Co.-4*4% pfd. (quar.)_ Central Illinois'Securities 12-15 25c Continental ' 12-15 * 2 > +$2 ■ 12-12 (Del.) v $1»4 • 1- 12-19 12-24 — (quar.) 12-11 2 15c 12-29 (quar.),' Trust Co. 1 1- 12-18* $1 */4 (year-end)_ Continental Oil Co. Continental Steel Corp., common 7(5 preferred (quar.) 37(4c Savings .(Toronto) & Motors 12-12 $1(4 Central Illinois Public Service— $6 preferred .(accumulated) Vfi.Ci preferi-ed 1 (accumulated) - 12-15 • 50c (quar, Laughlin. Hahover Bank Continental 12-15 $4 - 1- 1 — (quar.) 12-12 50c 8' 1- $114 Y.) (N. 1- 20c preferred prior 35c .(Telephone-6'!e pfd. Central Blackhawk-Perry ; Bliss & 7(5 1- 2 • of Rec. 1-23 82 Quarterly 1- 2 $1%. Holders Payable 50c __ preferred 60c L____r f Elec; • 35c Limestone & preferred Quarterly. Central 12-11' 11-28 (irregular) Black & Decker Central Canada Loan.i&, 12-11' • Share (initial) common Continental Gas & Elec.— 12-15 2 Company Co., (quar.) Continental Bank and Trust Co. 12-10 1- Baking $1(4 (quar.) 12-23 (quar.)——™___' Packing . 8(5 12-10 $1% ^ Agulrre Associates t3c , (quar.)™ 1~—_____ Bethlehem Steel'Co., 7'4*preferred (quar.)_ Bibb Manufacturing Co, iquar.)— Birmingham Electric, $6 pfd. (quar.)____™ .' 2 preferred 6'4 5 1- (quar.) Bensonhurst Nat'l Bank Bessemer 2 iquar.) prior preferred series $2.50 ' 2 1- ' Belding-Corticelli, Ltd., common (quar.) -7preferred (quar.)iiC^-——---— Bell Telephone of 'Canada iquar. t______™_ Benriix Aviatith" Corp/ (year-end) Beneficiai industrial.Loan Corp.-^-. •! vy*r > Common 1- $1VV (s-a):™__: ■ 12-11 ' (resumed)™™ Ltd., class A Bros., preferred 2nd 7/« Central 12-22 1-2. (year-end) common 12-. 8 - 25c — '< $5 -preferred .• (qua r. >u-luji* Beattic Gold Mines (Quebec) Ltd. 12-22 (quar.) 6',5 12-15 1- '12-22 75c (quar.) common 12-10 $l'/2 7fF. preferred " (quar.)—_______ Celanese Gorp. of America, common„___: 5(4 prior preferred..(quar.)_, /' 7(" prior preferred (quar.) ; 12-22 $1(4 $114 ^___ preferred" (quar.) Lig^it, $0 pld. (quar.) Case .(J. I.) .Co., 11-19- 2 */8 $1 preferred: (qnar.)_i___— ;—™__ Iron Works (year-end)_™— Beatrice Creamery, 30c ' 40c iquar. i common $5.50 Bath 12-22 12-22 f$l% (s-a) preference 5*4 (<vpfd. Corp. Blessing Co., Year-end 7(4 Canada Barber-Ellis'of Bastian 50c Company (irregular) ___'__™ (H, W.) 12-12 (year^end)___ $7 ■ 1-2 When Per Name of Continental 12-12 $1 Carthage .Mills 12-11 25c Barber of Rec. 1-2 (quar.) preferred,(qtiar.)™—. '.preferred A preferred B <quar.j_. Carter (J. W,), Co.'((quar.) i.„ 12-10- 7¥jc National; Investment, com, (quar.)_ cumulative preferred iquar.)__~_ Bankers Trust Co*. (Nf. Y.)*(quar.)—_—™__ } Holder $ Carolina'POwer. & 6V4C Bankers When Payable 50c (Philip) Mfg., common 6'"--preferred.■,»,quar.) 50c :~™_ ' Per share .» (smii common Carey $1 Yorkt'own ;(quar.)_>— Co., i'/e: 1st .preferred , 12-18 t$2»/* Scotia Nova * •* ... ... '.NaA'e ot:Company Carnation 1- 10c (quar.)™ Bank of the Manhattan Co. ' ; • of Rec. 20c 1-1-43 12-19 65 C 12-24 12-1(1 50c 12-24 12-10 12-11, THE COMMERCIAL & FINANCIAL CHRONICLE 2184 Per *. . Name of Company > Fairchild Aviation Common Famous — — (year-end) Faultless Rubber Co. Bake Shops 50c 25c (quar.)_____ com. (s-a) _—75c Federal Chemical Co., 6% pfd. (accum.$2(4 Federal Insurance of N. J. (quar.). 35c Federal Federal Federal Water Gas & Watch 5% _ 2 12-19 2 12-22 Gulf Power 12- Hackensack Water Co., 6% preferred 12-21 12-11 Halifax 12-30 12-15 Hall 1-2 12-15 12-21 12-14 12-30 12-15 Hamilton (W. F.) 7% Co. (reduced Printing 12-23 12-4 $2 Cotton 7% preferred 12-12 12-15 12-15 Hanover Fire Insurance $6 1-2 12-31 Sons Co., Class (quar.)__ A class Harding Harnischfeger Corp. 15c (quar.) of Co. & (quar.) Bank City of Stores Paper, ■ (quar.) Pittsburgh & (Canada) class A Insulation 6% class A 6% Kleiser, 6% prior $7 prior preferred 6% prior preferred (Canada) Brewing 5% Corp., Co., & Co., 12-26 12-16 Keyes Fibre, $1(4 $1% 1- 2 12- 5 Keystone l- 12- Kimberly-Clark (quar.)____ (quar.) Holmes Holophane 12-30 12-10* Honey 12-30 12-10* Honeymead Products Co. 12-15 1- Motors (D. A.) Co. Co., Ltd., (quar.) (irregular).: Ltd. preferred $6 cumulative General. Tire 12-29 12- 1 7% 12-29 12- 1 Georgia Power, 70c class A (quar.) ^ Laclede-Christy Clay Products Co.— 6% preferred (quar.) : 17(/2c 12-31 12-23 12-24 $1(4 1-1-43 12-24 12-31 12-16 Lambert Co. 37>/2c 1-2 12-17 Lambton Loan $$l 1-2 1-25 12-31 12-18 12-10 $50c 1-2-43 12-15 Lamaque Gold Mines, 12c 12-28 Lamson & $1(4 12-31 12-22 12-11 12-22 > Razor 4(4% Wernicke Co. preferred 12-24 12-18 2 12-18 12-28 12-11 1- $5 12-19 12- 5 Goodrich (B. F.) Mills, Hosiery City Granite (W, 12-21 12-10 12-24 12-12 12-18 12-16 1-2 12-16 12-22 pfd. 12- 17Vfec 12-12 12-15 12-24 25c 12-14 2 12-21 $1(4 ,1- 12-15 .1-2 12-15 50c 12-20 12-10 1- (year-end)_ 1 $1(4 (quar.) Y.). (quar,) 2- 2 1 1-2 2 1- 2 12-15 $1% 1- 2 12-20 $1 (quar.)—. (quar.)___________ 1- 1 12-18 1- 1 12-18 12-22 12-2 $1% 5c (quar.) $l>/2 " ; , - . . 2 12-10 Indianapolis Power & Light com. (quar.)30c1 5(4% preferred (quar.) $1.31(4 Indianapolis Water Co., 5% pfd. A (quar.)__ $1(4 Industrial Acceptance 5% conv. pfd. (quar.) "^$1(4 $2 non-cum. class A (resumed) ——25c Ingersoll-Rand, 6% preferred (s-a).$3 Inspiration Consolidated Copper. _25c 12-31 1- pfd. , 12-31 „ , . ;— : , (quar.)_ 12-11 12-18 12-31 12-15 Insuranceshares 12-31 12-15 Interbanc Investors 2 12-15 Interlake Steamship $62(fee (quar.)__—_________ 75c 62(fec _____ 11- 2 (year-end) 12-24 12-22 Stock 12-10 35c American Insurance 12-24 35c 1-2 12-18 1-2 12-18 International 25c 1- 2 12-18 20c (quar.) 1-2 12-18 International 12-14 five dividend, lOO.^hares 25c (quar.)__ preferred ..10c shares for, Cellucotton Products , 2 12-15 12-15 Greenfield Tap & Die Corp., common $1 12-28 12-15 International Paints, $3 12-22 12-11 International Paper Co., 5%. $1.50 12-28 12-15 international Power Co.. Ltd.— Lakes Paper Co.— • partic. pref. (accum.) partic. pref. (accum.) West Life Assurance Co. (ouar.) Western Sugar, common (quar.) v. $75c 12-31 12-21 $75c $$3% 12-31 12-21 1-2 12-19 2 12-15 preferred (quar.) (B) Wire Co., Ltd. Greening 50c preferred (s-a) $1.50 non-cumulated,convertible preferred. $6 Greenwich Gas Co.,,common; preferred Greenwich Water System, 12c (quar.) (accum.) 31(4c 1- 2 12-19 . 7% preferred Ltd., 5% > K 2 12-19 1-. 2 12-19 International Silver, $l(fe 12-31 12-11 International. Telegraph International 1- 2 12-14 pfd. Shoe Co. 7% (accum.)*■ (quar.) preferred, (Maine)_ 12-24 12-14 -12-10 1-15 12-19 12-30 12-22 $1.75 8%c_ . 2- 1 2- 1 1- 2, 1-2 > >. _ 50c $1(4-, ,L__j , : '.45ct (quar.).^,"$1%. ,*96Va6.. 12-1 *12-31 L- Steel Loew!s, • . 1-15 12-28 12-12, $7»/2c 12-30 12-12 preferred A $2 - (quar,)u_L___———_ 1--.2 12-15 s 12-17 12-15 12-23 12-11, ...... .. / 12-23 -12-10 $1.50 ,1-2 12-17 37(fee 12-23 12-15 25c 1-27 -'12-15 50c 1-25 --12-31 31(4c 1-15 12-31 ___ , Co. . (Ky.)— ' RR. . $128 1-15 -12-31> $2 12-23 llr30 1-2-43 1^-22 ..1 40c 1-2 12-15 - $3 1-2-43 12-15 - (quar.)__ fs-a)____ MacLeod Cockshutt Gold Mining (interim). Macmillan Co., common (quar.)—• Extra Macy. (R. H.L& Co. (quar.*)—1__ Madsen Red.Lake Gold Mihes, Ltd: (ilvterim) Magor Car Corp/ (year-end)*__'___^^_l 1_ Mahoning Coal RR., common (irregular). 10c , convertible preferred , ..,1-2 $3c 12-29 12-10 12-26 /12-14 $1 $5 1-2 * " : "V $$6 (quar.)—, (quar.) r--/ 50c 50c (quar.)- 50c ' $1 10-28 12-11 12-21' 12-28 , $1(4' ________ Mapes Consolidated Mfg. Co. .10-28 12-29 50c : . 12-. I 12-29 25c _____ 12-23 25c . __ / $1% , (year-end) preferred ... ______—— 12-15 12-11 , ; Lykens Valley RR. & Coal (s-a) 1 Lynchburg & Abingdon Telegraph _ • 12-31 12-23 - " Lunkenheimer Co. 6(fe% $2 12-18 (Del,)— Electric Louisville & Nashville Extra 12-18, 12-31.. ,25c Manufacturers Trust Co. (N. Y.) .1- 1 12-14 12-31 < (quar.)_____ -Semi-annually 12-14, 12-26 75c,, 12-15- _ 12-26 \ (quar.)___ & 1-1-43 : (increased) 5% preferred 4quar.)___ 5% preferred ($25 par) (quar.)_^__ . 12-22 12-11 10c (quar.)__.$$1.75 Cement Louisville Gas 12-21, $1.50 Theatres, Ltd.— Louisville Gas & Electric Class 12-31 30c .... — (Marcus) Class B 1-15 $1 for, each 18 shares of Lone Star held & Taylor (reduced quar.)___ - :•* , 75c : (quar.) Preferred (s-a,. Manufacturers LifeUnsurance Co.. (Toronto) '1-1 . 12-14, 12-14 1: Year-end L Lone.Star-Gas..Corp* (stock dividend)*- One ; share of Northern Natural Gas,, common . ,12-15 $3 12-12 - 12-22 50c Co. Extra 7%. 7, 12-7, 2- _i._ Lone Star 12- 12-7, 4 _ 12-18 1- 2 12-21 12-21 12-23 1- Inc.- Loew's 3-15 1-4 * ,(quar.) Chain Extra . 12-15 25c . (quar.)— (year-end) 2-5 - 4-1 $1,12(4 ______ A 1 1-2-43 • $1% —,25c 1-12 , 3- $1.62(4 12-30 , $$1.75 i__i_ 12-31 4- 2 .- $$1.(4 $1(4 ' • (irreg.)__ , (quar.)...-^^.,...^..,- Common 1-14 12-12 11-17 (quar.)r preferred 12-11- 12-26 12-21 50c preferred 4(4% 12-31 3c . (quar.) _________ 5 1- 2 -12-15 1-1 $1% . Carbonic ,(quar;) 12-8 12— 8 k ,'50c Co common 5* 1-15 Lion Match Co, 50c Lion Match Co.___—:-4 50c Lion Oil Refining (quar.)________—» 25c Lipton (Thos. J.), 6%. preferred (quar.)____ 37(fec , $1 pfd- (quar.)__ (accumulated)- .02444c ^ 6% pfd. 1- <•. 12-26 50c Petroleum Lord 40c , . A Class B 12-31 -12-11* . $1.30 preferred Locke . 11-30 • 1-28 ,37(fee-. 1-2 _ -• 12-22 $V/as .». $i5c Extra 12- 7, ..12- 7 12-10 r (quar.).,, (quar.) ,, (quar.)__._____^____,___-l. 6(fe.% . 12-14 ■ $i3/4. (quar.)_ . 60c. Machinery preferred •W* preferred >12-14 . .. Little Schuylkill Navigation River & Canal— Semi-annually :—^ ,-.Lock-Joint Pipe Co., Common (monthly)* 8 12-22 Extra Cigar , . 12-23 .. (quar.) Y.) ■ 12- ,12-24 each _____—L_ held. . . 12-18 25c International Harvester Co., com, (quar.)__• International Minerals & Chemicals— 4% preferred (quar.)—Z 1,—^ International Nickel of Canada— preferred (quar.) — Preferred ($5) (quar.)___ — Common, payable in United States funds * less Canadian tax__' International Ocean Telegraph (quar.) ; (N. 12- 5 .12-18 $1(4 (year-end) Co. (year-end), International Business Machine (quar.)-'__- 5-15-43 25c Certificates 1- 12-24 12-31 1- 60c ' Little Long Lac Gold Mines (interim)______ 12-24 12-22 20c 1-15 Llsk Mfg. Co. ; 12-31 ,1-2 ► 12-^2. V" V* '• Bank group shares (stock dividend)—" „2Vfe% ... «.l- 2 Insurance Go. of North America (s-a)_: ' ' ,.$1(4 1-15 .62(fee 12-22 , v,12-ll 12-31 $63c - .. .'1-15,. .12-17 l-.l 12-17 1- 2 12-12 50c • 12-31 12- 12-14 12-22 Extra Institutional Securities— 1-2 — 50c Liquid 12-8 $1(4 (quar.) 12-15* 2 $$2.50 conv. ,12-15 .1- 2 ^ 12-21 1-2-43 50c . . $1.50 $1.75 - 1-15 .. . . . 6(4% f . 12-12 $3.25 , 12-11 , 12-24 12-28 12-10 • COrp.__w_____„___ 9 12-18 1-1 12-31 Stores ,5.2.% •• , $2 6% preferred (quar.) :— 7% preferred (quar.)—______ 12-15 56V4c (quar.) Indiana & Michigan Electric Co.— 12-12 1- $3 . $1 Link Belt Co., 12- 12-14' <40c .. 12-9 . 12-10 12-29 62(4c 12-22 12-31 12-21 (quar.)._u____._i_i_rt_»-_.4 Lexington Telephone Co., common (quar.)__ Lerner ; • 12-15 2 12-21 . Co,, Lincoln . 1- • 12-15 50c Liggett & Myers Tobacco, 7% pfd. (quar.) Lima. Locomotive,Works, Inc.. . 1-2 40c 30c — , * 12-15 i 30c C.). Leather Co 12-15 —r 12-14 12-31 & 2 12-28 30c 12-21 12-22 , Steel • (A. 8 12-21' 2 1- $$1 37(4c (quar.)_ & Son Liquidating Lehigh & Wilkes-Barre ..1- .2 ...12-15 35c ■ A.) Electric 12-15,1- " (quar.)^ .12-31 $1(4. - (John 12-15 2 1- (Ontario)— ,12-20 . 35c , 12-11 11-27 -11-25 $l(fe.;-,l-2 Illinois Zinc Co. (irregular).: 25c 12-30 Imperial Life Assurance Co. (Toronto)— , Quarterly V $$3% 1-2-43 Imperial Tobacco of Canada— >.•.. ■ ■ Ordinary (interim) _________ —, $10c 12-31 Incorporated Investors ( „.20c :12-22 Indiana Gas & Chemical, $3 pfd. (s-a)__. $1(4 1- 2 Indiana General Service Co., 6% pfd. (quar.) $1.50,. 1- 2 12-15 2 1- (quar.)——____ Extra, ________ Illinois Bell Telephone (reduced). Illinois Central RR. Co. (Leased Lines)—, 4% guaranteed (s-a)— Illinois Commercial Telephone— $6 preferred (quar.) 8 12-24 40c (quar.)$1V2 preferred (N. Ideal Cement Co. 1-11-43 12-18 $1(4 Co—1 Hussman-Ligonier, 5(4% conv. pfd. (quar.)68%c Hyde Park Brewing Assn. (year-end) c $1 12-18 12-26 Fiber „ 12-10* 2-1-43 1-2 6214c prior pfd. (s-a)^ (resumed) $145 participating Participating 62(fee (quar.)____._: Lehigh & Wilkes-Barre Coal (N. J.)— 4 12-12 12-10 Humphreys Manufacturing Co., com. (quar.) r 15c 6% preferred (quar.)_____—$1.50 Huron & Erie Mtge. Corp. (quar.) _____ $1 12-24 12-21 12-26 (quar.) com. (quar.) common (quar.)__ 1- 2-1 4%. preferred 12-14 15c Co. Steel T.l 12-29 or 50c in cash Co. common 5% 10c 67c . (quar.) Gotham Hummel-Ross 3 (accum.) preferred $2.50 Fisheries Gorton-Pew 12-3 $1(4 __________ Gosnold 12-21 1-25 preferred <quar.)__ Goodyear Tire & Rubber (Canada) preferred 12-12 35c 5% Extra pfd, $2.50 pfd. (quar.) Lehigh Coal & Navigation Lehigh Portland Cement Co.— 12-19 12- 1-1 (quar.). Lang ^ 12-15 . 12-26 12-28 (quar.)__— Ltd. Landers, Frary & Clark 12-15 ——. 12-21 $1% (interim)., $7 Brothers, $2.50 Leath $1% (quar.)—.—:.— class A State Co., Co. 12-31* $1(4 6% Goebel Brewing Co, .(quar.) Gold & Stock Telegraph Co. Goldblatt Sessions 12-11 (quar.)__ (quar.) $50c $10c . (interim) Lawyers Title.Insurance Co. (Richmond, Va.) 6% preferred (s-a)" (quar.)___ (quar.) convertible: preferred Godchaux Sugar, Ont.) ' Ltd. Banking & Loan Co. Quarterly ___! 12-10 25c common—______ Co. Co., common (Sarnia, 12-31* $1(4 Falls Insurance Co. 12-1 12-21 30c 10c $2 (quar.)_ Safety Gillette Invest. 4 Landed 12-12 25c ' Glidden Extra 1-1 $1 (year-end) pfd. & Semi-annual 12-19 12-22 $1 25c . ! Lawrence 12-1 12-23 12- 5 —_—________ 12-18 12-21 12-31 .12- 4 12-21 2 1-4 1 1- 12-26 Class A (quar.)__ 62(fee. 1- 2 Household Finance, common (quar,)i $1, 1-15 5% preferred (quar.) —$1(4 1-15 Houston Oil Co. of Texas 6% pfd._^_—____ t$l(4 12-21 .Howe Scale Co 1 $2 12-22 Howe Sound Co, (quar.) 75c .42-23 Extra /25c 12-23 Hubbell (Harvey), Inc. (quar.), 40c '12-21 Hudson Bay Mining & Smelting________—_ t$l - 12-21 Humble Oil & Refining____„-r______„, 62'/2c 12-26 1-1 12-19 1-15 " 3%c 12- 1 1- 12-31 $3(4 12-31 75c 12-19- 15c 25c (quar.) 1- 4 j. . 1-2 (interim).. 12-29 (quar.)_, Extra (year-end)__ common preferred $5 preferred common Latrobe 12-15 12-18 1-15-43 2-1-43 $1(4 (quar.)_ LaSalleIndustrialFinanceCorp.com, (qu.) 12-24 ;\ —_ 1- 2 1-2-43 $1% pieferred (s-a) 45c ' 12-19 $1 12-11 $1(4 preferred $5 Rubber, Mfg., 1-20 12-19 $1(4 (quar.). 6% 12-12 l 12-21 75c „50c lc (quar.) l- t. preferred preferred 2-1-43 , $15c (quar.) & (quar.). Telephone, convertible (quar.)_ 12-10 (quar.) preferred Giddlngs.& Lewis Machine Tool 7% Plant-Choate $1 12-29 $1(4 12-26 (quar.)—v preferred Great La 5 12-12 62(4c (quar.)____ 12-12 12-29 (quar.)—__ 12-21 (year-end) preferred General, Time Instruments, Great Crosse l(4c 44/3000ths share of common Class La 12- . pfd. Horne (Joseph) Co. (resumed).—$ 1.10 Hoskins Mfg. Co. (year-end)— _■ 30c (year-end) General Telephone Corporation, Great 1-17 12-9 , _____ 5% Houdaille-Hersbey class B 25c pfd. $2.67 preferred Refractories 2nd preferred 12-19 12-20 "r ^25c ,$5c __— (quar.) 7% 1 $1% i. Co. preferred preferred 2-. 1 12-21 ,; & 6% 12-11 2 62(4c 12-15 (quar.)______ General Shareholdings $6 preferred Great 1- Emil) 1- 12-29 75c 12-10 12-31 35c Printing Ink, 12-11 „$$1V4 $$1.38 5% Corp. 12-23 50c $1V2 12-10 87(/2c 12-31 Co 5% 12-11 12-20 4. common Inc., 1 10c 17(fec (quar.) (quar.) Electric 1- (quar.) com. 37(4c (quar.)__ common (quar.) Co. 25c Corp. $1(4 _______ 1 12-15 1st 75c ____________ 1-20 1 1- 2 6% $25c Hooker Electrochemical 6% pfd. (quar.)__$_ Hoover Ball & Bearing Co. (year-end) ___—1 Holder's, Inc. (extra) 1-20 12-23 70c Kresge Dept. Stores, 4% preferred Kroger Grocery & Baking— 40c 12-15 2- 1-2 1-19-43 (year-end) 12-21 25c 12-10 $6 1-29-43 30c 12-21 75c 12-31- 1-1 15c $1.75 11-27' 1-15 Koppers 12-19 12-12 11-27 12-24 12-30 Extra 12-19 *12-18 $8c 12-14 1-1 2 1- 12-22 12-24 8%c 12-24 1-1 12-23 $l'/2 J. (year-end) 12-7 (quar.) 12-22 2 (quar.)_"_ preferred (quar.)_ Mines 12-21 • 12-16 12-15 12-18 pfior preferred (accum.)_^ Service $2.80 pfd. (quar.)_ 6% Co., 12-15- 2 2" $1 12- 7 31V4C 11- ^ Gold Public (D. 12-18' 12-23 25c _.__2 12-21 31(4c $1% ,75c 6% preferred (quar.)_ Kings County Lighting 7% pfd. B (accum.) 6% preferred series C (accum.)__ 5% preferred series D (accum.)— Klein 12-15- 12-15 1-2 25c 12- Co.— & 12- 4 l 10c 15c Bartlett 12-14 > 12-24 l- 7 12-12' 1 12-21 $1% 12-10 7 1- 10c ____________ 12-15 : 12-22 $2 (quar.) .$3(4 (s-a) 12-30 1- 5 12-7' $1% 12-21 50c . 12-30 $1(4 2 1-1-43 ' 12-26 90c (s-a) common 25c (quar.)____ 12-11* 12-7 (s-a) 12-21 25c (year-end) preferred Dew, 12-11 9c Box Paint Corp., 5% 43%c 30c — General Grant Kerr-Addison 12-14* 12- 1-1-43 (initial) Kentucky Utilities, 6% Kerlyn Oil Co. class A 12-16 25c (irregular) General 5% 12-16 12-26 Hinde & Dauch Paper Co. of Canada (quar.) Hinde & Dauch Paper common (year-end)__ 5% preierred (quar.)v 12-15 common Baking Co., General Golden 12-26 Hobart Mfg. Co., class A (extra) Holland Furnace Co. (quar.) —^ Hollander (A.) & Sons, Inc. (year-end) Hollinger Consolidated Gold Mines (monthly) Holly Development (quar.) 12-31 (quar.) American Investors, General $7 12-15 $15c (quar.) General Industries, .1 Powder Hilo Electric Lighting, Ltd. 12- 7 Co., $3 preference class A__— General Mills, Globe 1-2-43 10c prior preferred (quar.)—: Higgins Industries, 6% preferred 12-10 Candy Corp,V (year-end) Quarterly Glens 12-30 $iy4 7% 12-10 General $6 12-15 12-31 Extra $6 12-31 12-30 _____ (quar.)_____:_ —___.—___ 9-15-43 1-20 12-28 common Co., preferred $2.50 10-1-43 -12-21 Monthly Hickok Oil Corporation 5% preferred (quar.) 5% preferred (quar.)_____— 6rl5 50c preferred (quar.) General . 1 12-21 General American Transportation $6 7- Corp. Kennecott Copper Special ____! $3 — 3-15 common preferred Autogiro 12-24 Co., common Hibbard, Spencer, Monthly 12-15 1 convertible 12-17- 1-1 1-6-43 50c preferred $1.50 25c Extra—. 12-15 1-2 7% Kellett 12-23 $i(fe 50c 12- 7% Corp. Keith-Albee-Orpheum, 12-11. 1-18 1-4 (quar.) R./ (J. 12- 7 12-10 50c ' Co. 12-21 2-1 (quar.) com. Kearney 12-10 (quar.)____—____________ Hercules Motors Corp. (year-end) 8 A.) 12-10 12-15 $1V4 Katz Drug Co. $4.50 preferred (quar.) Kaynee Co., 7% preferred (quar.)_ 12-10 _________ Gas, (quar.) (C. 12-18 1 12-24 (year-end)_ 8 2 1- $l(fe 1, 2 (year-end) ■ ___: 12- 1- 1-1 12-28 50c preferred Natural " 12-10 1-1 $1% $1% _ ____ 12- - .1- preferred 12-15 15c pfd. preferred Power preferred General (George W.) 12-23 4- ,12-23 Kaufmann 50c ^ (liquidating) (quar.) 12-29 12-24 25c _______________ (quar.) preferred 1 $114 B 35c Hercules $1(4 common Gemmer Mfg. $8 preferred 7% 12-22 (quar.) B Kansas-Nebraska 1 1- 50c ______ (quar.) Southern— City 12-31 1-15 ,12-21 35c 12-15 1- $1(4 (quar.) non-cumulative 12-18 1-2 $$% , 30c conv. Co., (Julius) Corp., General 7% Helme (quar.) (quar.)_ Hershey Creamery, 25c ; 12-14 ,15c & Co., common 12-14 25c (year-end)—__ 12-24 —— 12-20 $35c (year-end) 4% $6 (year-end) Ltd. Co. 1 1- 37(4c (year-end) convertible preferred General 12-14 12-31 (quar.)__ common class convertible B 12-31 $7 common Investors B 5(fe% 12-14 37(4c (resumed). Co., Class 12-31 37(4c com. (quar.)_ Gatineau 12-21 : Gardner-Denver 6% 2 37(4c :___ Kansas 12-14 —50c Glass (W. E.) Extra 12-15 ,___ preferred preierred Garfinkel 12-21 1-' 1 A (Robert) Garrett 1-2 1- __^ 12-24 $1%. 25c Service Fundamental $3 Hazel-Atlas Heller 12-19 $1% (quar.) County Distilling, convertible Gannett 12-21 12-11 2 1- 12-15 Company 6% 1-2 12-21 12-15 (quar.) Frontenac Oil Co., Ltd. Gair Sugar 2 —_____ Class Hawaiian 2 Extra Fulton 12-15 1- (quar.) 60c 12-23 1- (quar.) Frick Pineapple 37(4c (quar.) 6% Franklin Hawaiian 37(4c (accumulated) preferred (Peter) 12-11 (quar.) (quar.) Fox 2 1- (quar.)__ pfd. preferred preferred 12-24 (Chicago)-- ____— 6c preferred—,. prior preierred Co. 3-31 $25c v___ class A pfd. 6% Foundation 12-31 $l>/2 (quar.)_ (s-a) class A Corp., preierred $7 2 50c 1st pfd. Co.__; Foster & Kleiser Co., Wheeler 12-15 1- $25c __ .____ Foresight Foundation, Foster (quar.) (quar.I Foreign Light & Power, 6% & Harshaw Chemical Co—1 Hartford Fire Insurance Co. 1-2 4-1 35c Machinery Corp._________________ Motor Foster Harrisburgh Steel 25c Food Formica Harrisburg Rys. 12-23 50c ________ Ford B 12-12 12-18 12-31 35c —__— Co. 7% 1-2 12-28 $1 Corp. 1-6-43, -12-24 $3 12-31 50c ___ 12-1711-30 12-15' ' (quar.) _________ Juhun & Kokenge Co. (year-end) Kansas City Power & Light— :// $1% _____ $i>/2 Fiorsheim Shoe, class A— v, ^ (year-end)_ Savings Bank Quarterly Harrisburg Gas, Extra 1-20-43 preferred (quar.15c com, 12-12 $1% (quar.) $n/2 preferred A 12-14 1- 2 $1% com. 12-15 - 12-28 $1% _ _ com 12-15- 12-31 (quar.) 40c (quar.)$1.0614 5% ' . 12-17' 1- Co. common preferred 5% $6 12-22 & 12-17 2 12-4 Harris Trust 6214c (year-end) $7 pfd. . 12-5 1-2 1- 12-22 " * :_ Jeliet & Chicago RR., stamped 7% preferred (quar.) Jones & Laughlin Steel Corp 12-15 12-17 12-12 25c common Light, 12-21 30c . 414% 12-23 12-12 $2 (quar.)____ 25c $ 1 Va 12-15- (irregular) Johns-Manville Corp. 12-31 (quar.)______— 2nd issue (quar.) $2 common Company, Power Class preferred 12-15 ' ,1- 2 12-22 $20 ___ (quar;)_:_ ___, preferred (quar.)_____ Class B 5% Jewel Tea 2 12-14' 2 (quar.) $3c 12-22 $2 (quar./ ____^ National Flintkote preierred (quar.) preferred 12-15 1- ; $i0c 50c :■ (year-end)________ National Bank of New York Florida 5% preferred 1% Jefferson Electric Co. $$114 (interim).: (s-a) Ltd. 6% 1-8 12-15 1-2 12-28 50c: _ 1-15 JlOc 12-28 15c Jersey Central Power & Light Co.—r 5(4% preferred (quar.) 12-5 8 12-22 1 (quar.) 1-2 $50c . Mines 6y8C Rubber Quarterly 6% 12-12 Gold Carpets, 15c Penna. Tire Flambeau 12-12 12-22 Rock 12-21 1- ,15c 25c (year-end) , 5 12- Chute Air Inc. 60c . . (quar.) 5c First National First 12-22 5c (quar./ Hard 12-21 12-18 1 12-23 25c "C," 25c _ (quar.)_____ 1-15 12-19 —— First Nat'l Bank of jersey First preferred 6% 1-25 5V2% preferred (quar./ Firestone 1-15 (quar.) common (quar.) (quar.)_________ 12-29 Extra Finance 1-25 Paper, preferred 15c — — B 25c 414% $1.18% _____ (s-a) of America Co. Extra. common (quar.) 12-10 .1- * Harbison-Walker Refractories— preferred 2 $40c (accumulated)____— 12-31 (Wm.| 12-21 12-16 . 2- ..25c . •• 12-18 1- 2 12-31 (quar.)________^ 12-31 Finance i s-aj_ common.^-. 12-24 Hammermill 12-28 75c -1-15' $1% . (quar.)___„_ Holder t Payable-of Rec. 25c $6 preferred (quar.) •$1(4 Island Mountain Mines (interim)15c Jamaica Water Supply, common (quar.). 50c $5 preferred (quar.) $1(4 James River Bridge System, class A (initial) $1 Class B (initial)— : : $1 12-11 43%c Ltd.— 20c 4%% t When .thare . Irving Trust Co. (N. Y.) (quar.j, Is'and Creek Coal Co., common 12-11 - ''.$1(4 Theatres, United $i»/2 Filtrol Co. of California 12-29 x$3,1- 2 i,.» ... common .-Extra ( (quar.).— Co., Ltd., preferred convertible Hamilton $114 Filene's _ 7 • 25c preierred (quar.) (quar.) 75c . '• - , _ preierred 2nd series (quar.) of New York 12-15 25c 6% Avenue Bank 12-15 1-2 Irving 12-7 1-2 (quar.) — 6% Fifth 12- 12-28 ; - (quar.) pfd. A Halle Brothers Co., $2.40 conv, pfd. Co. 12-16 12-21 Insurance Extra 12-16 1- 2 50c Fidelity Union Stock & Bond (resumed)-— Field (Marshall) & Co., common (year-end)_ 12-24 12-24 50c —,— $6 preferred Co., 12-28 Haloid 2 18c (Bait.) . , 12- 3 3114c (Bait,)— (accumulated)________ Stores, Investors Fund 12-21 $50 ;___ Department 7%: preferred (quar.) Investment Co. of America V 10c —— (quar.) 1- . 12 Vz c ___ _ common 1- 12-21 15c Corp. Co., Grumman Aircraft Engineering Corp Guaranty Trust Co. (N. Y.) (quar.)_,„ $1 i—;—v. & Guaranty Fire Oil— Name of Company \ . 12-14 1244 12-24 $1 Guildford Realty Co. 25c _ ______ 2 preferred 3c ___ Extra Fidelity No. Gruen 30c (year-end) preferred (s-a)„ Ferry Cap & Set Screw—— Fidelity & Deposit (Md.) (extra) Fidelity Fund, Inc. (quar.) Brewery 1 Oil Corp.,___ 1 ; Interstate 12-14 .12-24 ,25c. 13%c » >■ Per of Rec. 12-24 . Monday^ December 21,: 1942 Holder• Payable - 25c Western Group No. 10c Brewing, 6% (Frank) Griesedieck When a/iare . ______ $1 Truck Motor Fehr 1 Mining & Smelting .. (quar.)___ —______________ 1-2-43 12-11 4-1-43 3-12-43 1- 1 12-1S) 12-31 12-14 12-31 12-14 preierred 5% Name of Company Greyhound Corporation, common , Extra (quar.) 5(4% preferred (quar.)_ Group $2'/a $2(4 —— Quarterly of Rte. (Syracuse, (quar.) Federal 3c 15c $50c (year-end), Players Canadian Corp. Y.) »«r 12-23 12-18 12-22 11-25 4-1-43 3-18-43 12-21 12- 7 12-31 12-19 50c $10c (extra)— Farmers & Traders Life Insurance N. Pat/able ihare (year-end) Falconbridge Nickle Mines (irregular)— Falstat'f Brewing Corp., 6% preterred (s-a)*. Corp. Holier* When • 1; 12-23 ^ ; 2.',,12-24 1- 2 _X2-15 lrl,5 I- ,12-30 , l 12-24 - 12-15 12-l9 (quar.)*'— Maigay Oil Corp. Y.) (quar.)* pfd. (quar.) Water, 7'/ preferred iquar.)—__— Maritime Tel. & Tel., Ltd.; common (quar,)- 12-19 Co." $5 Power, Reserve (N. Marion Marshall Field Maryland (quar.)— Maryland Trust Co, (Bait.) I'/o Navarro _._**__ $2 12-10 Nehi -Corp., Massachusetts, Plate .Glass Extra 1 New New Hampshire Fire Ins, Co. 12-15 Ne.w 12-23 ,12-31 1-2-43 12-31 12- 11- 1-2-43 12-21 Year-end 12-31. 30c 1- McQuay-Norris Mfg. Co. (quar.)——6214c McWiliiams Dredging Co.—-—1-.—•_**_***25c Mead Johnson & Co., common (quar.)——, 75c 1- 2 •7% preferred 1- *_*■*__;.'/ Mengel Company, common (year end)——_ 5',«-convertible 1st preferred (s-a) Mercantile-Commerce Bk. & Tr. (St. Louis) 35c 25c $114 . . 12-21 11-25 North $114 $114 12-30 12-21 ;**A_*50c Miners Transportation*;*/./** '. 50c 12-30 12-21 Merchants Bank '"Extra Merchants & York of New iquar. I _—— & 12-17 Machine Co— 2 -75c —„ Ontario 12'/2c fquar.)$l'/2 1 12- 1 1 12- 1 1- 1 12- 1 Northwestern 1- 1 12- 1 1- 1 12- 1 2 12-15 2 12-15 1- 2 12-15 12-23 12-19 _ Ohio, Brass non-cumulative preferred (quar.)—50c B'ii preferred (quar.)—,/, ——— §2.00 Midvale Co. (year-end)— :*, 50c Mid-West Refineries, Inc——— — 5c 12-23 12-14 5c 12-30 12-22 12-30 12-22 '. 9 12-19 12- 12-20 Extra „j 12-18 , 12-31 Co.—25c (quar.)— $1'4" Falls Millers ' 5c '**„_****_*_*****.—**■— - $7 preferred (quar.)——— Mississippi River Power, pfd. 12-21 1- 2 Mississippi Valley Public Service— 1- preferred B {quar.)***-.——-——T—.■■ t„- Sl'/a Missouri Edison Co. $7 pfd, (quar.)'——— 4 $1%. Mobile & Birmingham RR.» 41/ pfd- <Sra)**/ $2 674 Mode O'Day Corp. 12- 2 2 . 12-31- , Mor.roe Chemical, $3.50 preferred Utilities, common————, 57fi preferred (quar.)——, $114 674 preferred (qua?.) ————-v-——$l'/2 Montgomery Ward & Co., common—— , 50c Montana Dakota • /.Class Extra : ——— , 12-29 12-15 614 12-29 12-15 12-11 12- 8 1- 2 12- 8 $1.75 $1.75 1- 2 12-8 1- 2 z 12-' 1-2-43 2 12-11 12-21 *12-14 12-29 12-12 $1)4 12-28 1-15 1-15 1- National Blvd. Co.—/: Bank of-Chicago —- .Quarterly Bond & Share, (special) National Breweries, Ltd.'(quar.)— — , National '— preferred (quar.) —; National Cash Register. Co. (quar.)—— 7'4 . ——* Year'-end .National $3 $1.75 $1.75 25c 25c 50c 2nd Class A preferred (quar.) City conv. Lines — (quar.)—: Cylinder Gas— National Enamel & Stamping (year-end)—-National Funding, class A (quar.)— Class B fquar.) National Gas & Electric Corp. (year-end)__ National Grocers, Ltd., $1.50 pref. (quar.). National Gypsum Co. (year-end) : National Investors Corp., (year-end) National Lead Cp., common (quar.)— 6 74 preferred B (quar.) : National Linen Service Corp. (extra) .National Rubber, Machinery — National Safety Bank & Trust Co, (N. Y.) — National Annual — 12-16 / 12-28 1- 2 12-31 Park & Tilford A Car, 514 3-24 Penney. (J. 12-11 and • 12-30 9 * 1-16 12- 8 '12-14 12- 8 12- 8 12-14 25c 12-24 50c 1- 2 . (quar.)*, Co, for 12- 12-23 11-20 1- 4 RR.* - (quar.)**- Pennsylvania Glass Sand, common Year-end Corp, of preferred (quar.) * Pennsylvania Industries, ,$6 pfd. z~ (accum.)** , $5 (quar.) preferred (quar.) * *—* (quar.)__ 12-11 1- 2 1- 2 12-21 12-10 12-10 12-11 —„—_* .'_*** 12-21 12-11 25c 12-15 $l'/4.. 1- 1 12-28 1- 1 12-15 12-15 $4'/2 12-23 12-12 -$1.25 $1.50 $1.75 12J/2c 1-2 1- 2 1- 2 1- 2 12-15: 12-15 12-15 12-15 12-15 12-29 12-14 12-29 12-14 1-15 12-23 1- 2 12-19 T8c 1-6 12-23 25C 12-23 12-11. 12-23 12-11 $2Va 12-31 12- 12-31 12-24 12-28 1- 2 1- 2 12-15 12-15 12-15 $$1=1'8 12- 9 Randall — Packing Co., Rath iquar.)*„_—**—_* *_/__—_ common**** B (quar.)— ***— —•* — common preferred (s-a) ***** — preferred (s-a) */ —:**_;——* $2 preferred iquar.) vReading Co., 2nd preferred (quar.)—**, Real Estate Lban'Co. of Canada, Ltd. (s-a)* 514 * Rayonier, Inc., Realty Mtge, Co.,(Birmingham) 12-19 2 12-19 12-21 11-27 50 c 1-15 12-15 $1'A 12-24 12-19 1-15 11-25 50c • 12-24 12-14 12-24 12-14 1- $134 12-21 2 12- 12-21 50C 1 $1'A 1- 1 12-10 $l'/a 1- 1 12-ia 20c 12-21 $1 12-24 $1''2 2-27 12-15 12- 1 2- 1 20c 1-27 12-18 87 '2C 1- 1 12-14, $1'A 1- 1 12-14' 25C 1- 2 12-19 $i'/4 1- 2 12-10 2 12-19 5-1-43 4- 20-43 1- $2 Va $212 12-19 12-21 25c 11-1-43 10- 20-43 50c 1- 2 12-18 50c 1-14 12-24 / m 1- 2 12-17 $1 1- 2 12-15 — (year-end) 1 Reece Folding Machine (year-end),— Reed Roller Bit Co. {year-end)—*Regent Knitting Mills, Ltd.*** — Reliable Stores Corp.' (qtlar.) **'—/„*— 514 convertible, preferred (qtfar.)*_/*/:— Reliance Mfg."Co., common (year-end)— _*_ 714 preferred (quar.)—/ —*' '—• Remington Arms Co., common iyear-end) — Remington Rand, Inc., common (irregular)* i $4.50 preferred, (quar.)——**/ *—' Rensselaer & Saratoga RR. (s-a) __—— Reo Motors, Inc./ vtc. (initial)**/——.* Republic Investors1 Fund— ■ . ,/' 614- preferred A (quar.)** //— 614 preferred B (quar.)' — :—— Republic Realty Mortgage Corp.— Non-cumulative 2 1- 25c (reduced) 514 ■ 12-19 1- 50C (quar.) common Class Co. 12-21 2 t$l'A — common voting Car, 2 1- *— 5r4 pfd. (quar.) — convertible, preferred 514" , 1- Light Co.— $5 preferred series B , Ralston Steel 9 37'Ac 25c 1 preferred 8c 12-15 12-28 50c 12-26 12-18 1-2-43 J25c 1- 15-43 1214 c 12-21 12-15 3714c 12-21 12-15 75c 12-29 30c 12-19 2 12-22 12-23 12-10 1- $134 1- 25c 12-10 2 1- 50c 12-10 2 12-15 12-23 $4 2 1- $1/8 12-12 . . . i- Common ■ B Class Rhinelander preferred (quar.) ——*_ Oil Corp. (year-end)—*—* Bros. Co—7* /*— — Richman Water Works, 614 pfd. (quar.)—■— 2nd Richman Quarterly <■ Co., — -t—~ «-—.«»v./- ~v-j——— (quar.) / Riverside Metal Co. (year-end) — Riverside Silk Mills, $2 partic. A pfd. (quar.) Rochester & Genesee Valley RR. (s-a) convertible 5 r4 Rochester . 4V»% Roeser Rome preferred Telephone Co., 'common 1st preferred series & fquar.) — A (quar.) Pendleton ' (quaf.) .(irregular) Cable- Corp. (quar.)— : and 25c.Stores (extra) Ruberoid Co. (year-end)*/—** Russell Industries,-Ltd., common (quar.)— Roos" Brothers Rose's 5, 10 ' preferred (quar.)—*/—*' Aeronautical Co,*_— Ryan Consolidated Petroleum (year-end)—** Sabin Robbins Paper Co., ,714 pfd. (quar.) — Ryan Safeway Stores, 2-1-43 1-15-43 2-1-43 1-15-43" 5c. 12-10 12-20 12-10 2c 12-20 25c 12-21 $1V2 1-1-43 12-10 $11'2 1-1-43 12-10. 15c 12-22 12- 15C 12-26 12-11 15c 12-26 20c 12-22 12- 1 1 12-11 12-15 $1.75 1- 1 12-15 $1.75 1- 1 12-15 12-21 50c 11-30 2 .12-15 1- 50c 12-11' 1-2 $1.50 $l5/fl 12-30 12-15 12-30 12-15 30C 12-30 12-15 25c 12-28 12-18 25c 12-28 12-18 $1 '/4 12-28 12-18 60c 12-21 12-11* * *-*-1 (quar.)——/**——— —— common Extra 15C 15C 20c 6\k 14 preferred (quar.)* Metal Products (extra) Ritter 714 - $1.00 $1.25. 1-15 ; Quaker Oats Co.,:common "(quar.), 614 preferred (quar.)— — Radio Corp. of America, common (irregular) $3.50 1st preferred (quar.)——**—, , 62V2C 12-19, 12-23 N.' J.— (quar,)*— (year-end)— 514 convertible preferred (quar.)**—/* 614 preferred (quar.) :_/—*—*—____* Putnam (George), Fund (year-end)*—* Co., Rieke 1- 2 ,. 12-19 1-15 58 M3 C —* Rich's, Inc., Pennsylvania Power & Light Co.—• $5 preferred 1-15 $75c 41%C (quar.)—.— (monthly) Corp., 12-11 70c... $iy4 30c 5c ********— 12-31 Sl'/a 50c Trust preference prior Oil Pure < , 1 Colorado— of Richfield 40c (quar.)**** 12-15 12-15 1- 25c 12-20 11-30 12-15 12-1L 12-17 2 12-24 2- —*— * iyeai>end—/— (year-end.)*—*———*—— Paper (year-end) Rice-Stix Dry Goods Co,, 714 1st pfd. iquar.) 12-24 12-22 (Bait.) 12-10 12-31 12-10 12-10 2-5-43 12-10. $15c * * 12-10 . 11-20 12-21 $5c 12-16 $3y2 12-21 $lc 1-14-43 $1^ 12-21 25c: 12-21 $3 12-31 $6c 12-28 50c 1-2-43 35c 2-15-43 75c 12-24 12-23 62j2C iquar.)** 12-1 12-21 3 50c * pfd. 12-21 12-29 2 12-31 5 iquar.) 12-30 12-19 12- 6V4C 12-21 12-29 12-3L $1 'aC Republic Steel Corp., common——**/_*_*„* t {jl4 preferred jquar.) * 6'4 prior preference A "(quar.)—*** Reymer & Brothers, Inc. (resumed)*** Reynolds. (R.. J.) .Tobacco Co.— Insurances., on Lives Extra Common 12-15 12-26 4 Non-voting (quar.) 714 original preferred 12-15 12-10 Pennsylvania Water & Power Co.— 1-15 1-20 (quar.)— * (quar.) (year^end) Publication 12-31 10c Co. Granting Annuities 12-14 12-11 15c — * (monthly)—* (monthly)" (monthly) preferred 514 f ,12-11 $2 Pennsylvania Edison, $2.50 preferred (quar.) $5 preferred iquar.)*****— Pennsylvania .Exchange Bank (s-a)_ 574 . *********** 12-22 12-23 12-16 12-26 J$l34 30c , (quar.)—, (quar.)—* $6 preferred (quar.) $7 preferred (quar.) Pennsylvania Sugar Co., 5 74 pfd. Pennsylvania Telephone Corp.— $2.50 preferred (quar.) 12-15 . 25c ■ $2 — 75c * —1— Pennsylvania' 12-11 11-27 1-20 20c 25c (quar.) /year-end) (quar.) C.f Co. Extra 12-11 1-16 pfd. (q'uar.)*—*—*—_/—'"••• Co. , $1.40 Class A 12-14 12- conv. Appliance Co. Mills,, pfd.. .(accumulated)— Consol. Mines, Ltd. (interim) — 674 prefeired (accum.)__ Peck, Stow & Wilcox Co. (quar.)^_**„ Peerless Casualty 614 pfd. (s-a) — Pend Oreille Mines & Metals Co. (interim)* Peninsular Telephone, common (quar.) 12-11* 11-27 12-22 40c S'.V.'o Worcester Puget Sound-Power & 12-15 12-15 $iy2 ,——_**—:— Paymaster "12-24 12-15 2 for (quar.) Mines Dome preferred 614 1 12-14; 30c .. Peabody Coal Co., 12-21 12-11 .. Paul-Knitting Z12-12 1- 1 1- 1 2- 1 1-2-43 674 Parker 12-15- 2 1- 35c 1 '*_ 1st pfd. Public Service of Oklahoma, 12-18 12-15 12-18 common—. preferred/(quar.) Parker' Wolverine 12-15 1-1 • 1st 12-31 12-23 . 674 12-31 12-26 12-13- 1- . 50c &~Co., Ltd., Common 12-31 10c 75c Pictures, Inc.— Common : (increased) (quar.)*;—, 12-17 12-31 50c $1'2 — Paramount , , , 1-15 12-19 1-15 • 12-21 , 2- 1 75c 2- 1 . „,2Qc. N12-22 ' $1 12-24 35c 12-21 35c 12-21 15c ■ 12-29 $37'/aC. 1-16 25c • 12-30 11c .12-23 1214c 12-24 $lVa $1.25 Lighting, East 714' preferred 12-16 12-15 12-19 12-22 * 12-22 25c, .National Candy .Co., Inc., common—-—774 1st preferred (quar.) 1-2 12-23 12-21 1- 2 1- 2 , Steel Public Service 11-19 11-19 2 1-2 , — 1-1 50c f $1 25c 50c 10c •. Co National Bank & 6 74 12-10 1- 1 2 12-12 12-28 1- 2 30c 1-15 $1 • 1-2 $1,4-1 ' 40c 12-21 :$50c 1-2 (quar.)-— 1- 2 15c ( 1- 12-10 1——12'/2CDecatur RR., Vk % pfd. (s,-a)— 933/*c .Nashville & National Biscuit $20c , - — Pacific Tel. & Tel., 12-21 12-19 Inc.****** Mining 514 preferred /' 11-24, 11-24 12-10 1- 1-2 12-23 50c 50c $2 Nash-Kelvinator Corp. 12-21 12-21 1- 2 $1'/* t — — 12-24 12-24 12-10 SI1/* 674 preferred'.(quar.)———$ 1 '/2 1-15 Pacific Wood Products, 674 non-cum. pref-, •. 2c , 12-21 Page-Hersey Tubes, Ltd. (quar.)——/-.;*." tSl1/*.-/ 1- 2 Paraffine Companies, Inc., com. <quar-)_—_ 50c .12-23 4(4 preferred (quar.);—_— *-—•— ' $1 1-15 12-26 3c (quar.) z— ——' „_ « . preferred (quar.)__ — Myers (F. E.) & Brothers Nabco Liquidating Co. (liquidating) • $5 preferred (quar.)—«— Pacific Public Service (quar.)— Pacific Southern Investors, $3 pfd. (quar.)- . 11-27 12-23 — Ltd., 7'4. pfd. iquar.) Lambert, Public Service 12-12 12-31 12-31 12-21 2 12-21 $1 ,(year-end)—— 2nd preferred Public 12-15 12-15 1-2 (increased)/—35c; common ■ 1-1 $iy* $l'/2 15c , • Pacific 12-10 preferred (quar.)_: System, Inc.,. common 12-31 12-31 12-22 preferred)(quar.)—$l'/a Electric Ry.. (quar.)—.< $50c Extra. 12-24 8 74 j——-™— Power com. {quar,)— ■ preferred (quar.)—r Pacific &, Atlantic Telegraph Co, (s-a)—•—„ Pacific American Fisheries, Inc. (year-end) ^ PaGific Can Co. (quar.) Pacific Indemnity Co. (quar.)„_———, 12-31 1- 2 644 12-31 Ottawa Light, Heat*& .•514 8 12-21 Mutual Elevator Co.; Extl-a 12-11 Corp. 35c (quar.) —$1% 12- 12-22 10c * preferred iquar.) partic. preferred Gold Class , 12- 8 12- 8 12-? 9 12-15 12-15 i 12-15 " 2 12-10' $114 _/**■ of a share Personal Finance 12-10 1- 2 12-23 12-23 Ottawa 2 $I'/a $2)4 SIV2 $1% 50o$1V* 12-30 $5 $15 ' '15c 5'/o pfd. (quar.)— (quar.)———-——— preferred Otis (year-end)——— Motor Finance, $5 preferred (quar,)—— Mountain City Copper (irregular) — "156 Mueller Brass Co. (irregular)—v> 40c Munsingwear, Inc. (year-end)—: —— $1'/* Murphy (G. C.) Co., 4%% pfd.-(quar.) — $1.183/4 Murphy Paint, Ltd., common $20c 5'/a 74 preferred (quar.) — $$1% Murray'Ohio Mfg.——-—— 30c Mutual Chemical Co. of America— Products Motor 6 74 : 12-15 1- (s-a)—— „———— ■ Morris Plan Bank (New Haven) (quar.)——, Morrison Cafeterias, 7^ preferred (quar.)— (year-end)$1.55 class A $5.50 "prior" preferred Orpheum Building . .' 12-10 5 , Prudential 12-19. 12-19 $3 12-12 1-15 Morris & Essex RR. 1- 2 1- 2 Orange & Rockland Elec., 12-15 1- 774 pfd. B (quar.) (payable in H. S. funds) .Moore <W. R.) Dry Goods Co. (quar.)T^—> 50c 58V3C 9 5 1- __*_; *_**/ & 12-19 Colony Insurance 1 1- $134 $55V2c U. S. funds) pfd A (quar.) (payable in 2 $06l4c (qyar,)—.———— Moore Corporation, Ltd., common (quar.)— A 1-2 50c 41%c . 12-29 ; 87J/ic 10c (quar.)— 1- , preferred (quar.)'-^--/...--*-^^----^^^ •75c Omar,-Inc.,' 674 preferred (quar.)——.—_f - / fl'/a Omnibus Corp.,1674 > preferred (quar.)L——_ , ,$2 Ontario Loan"& Debenture (quar.)„$$1'/* *. 12-15 v 12- 1- ■ 12-10 — 12-5 12-24 $134 Proprietary Mines, Ltd. (year-end)—__**___ Providence Washington Insurance**** 12riQ 12-10 11-30 ■••V 1- 12-20 ■ 12-22 12-22 12-22 12-22 preferred Cmonthly) preferred1 fmdnthly)'!/:'//—. Water Service, Ohio 12-20 25c $134 40c & 514 1- 1 12-20 1- 2 12-15 12-28 -12-17. 12-30 12-21 "1-2 12-18 12-24 12-8 12-24 12-8 1- 2 12-15 1- 2 12-15 $1'/* $l'/a 12-10 2 12-12* America: 1st Pressed ,12-15. 12-15 12-15. 12-20 1- > Mfg./Co., (quar.) ——50c: ,12-23 Molybdenum Corp. of America—:—v> 12'/2C 1-2 Monarch Life Assurance (Winnipeg) (s-a)„ $$1.20 1-15 Moneta Porcupine Mines, Ltd. (quar.)—— : . ;$2cv. 1-15 Monongahela Valley fWater, 774 pfd. (quar.) $13/* Monongahela West Penn. Pub. Ser.— • v 1- 2 I'o preferred (quar.) — —' — 433/*c . 6 &• Old 12-20- iquar.)— 12-23 12-15 1-2 1- 2, 1-2 (quar.)-——//_—„ " Special' „—w—^^/—— Oilstocks.', Ltd. (reduced)--—— Oklahoma Natural Gas, common——J—— 2 common Modine 774 1 .,**/—-/—I ——. ' +10c preferred (quar.).,A.*___./*/-*———: t$1.37 Va 5 14 ''c » 12-19 1- Extra *• 1- 12-19 50c (quar.) Co. Providence 50c prior Z'v 7,14" 12-19 1-212-23 ,50c — +30c Containers, Ltd., Modern - (year-end)—: 12-15 2 12-15 12-23 $2.60 uon-cum. 1- 2 $5 preferred ' (quar,)—— —674 preferred (quar.)—■ —__ Ohio Match Co. (year-end) —-Ohio Public Service, 5 74 pfd. (monthly)—— 574" , 12-15 - 12-15 12-23 $1 of Canada, common (interim) 6 74- 1-15 12-31 12-15 . 1 — ------ of 6 74 . 2-1 1-15 1-2-43 . • 12-21 2 1- $144 Sl'/a. (quar.)— 12-10 2 1- Mississippi Power, $6 preferied Class B Co. Potash Price Bros. preferred (quar.)a—•$1'/* $6 preferred (quar,)— —— $l'/a ' $6.60 preferred (quar.)—u$1.65 $7,preferred (quar.)—/.—,—' 1 $1% $7.20 preferred (quar.) _—C— ___$1.80 Ohio .Finance Co. common (quar.)™,—_—' 40c , 12-15 15c _*'— (quar.)*/ Power., Preston class;A—r———50c Co., Ohio ."Edison Co., 12-14 2 (year-end) Pocahontas Creek Porto Rico 12-16 12-31 1- 2 $25c Ogilvie Flour Mills (quar.)— (quar,)*/******:—,/**_/'J-„ 12-31 Pond 12-10 12- 5 12-28 — 12-24 Miller Tool & Die 1-25 . 12-15. 1- 12-31 $1 each share held)* 12- 5 12-31 12-21 12-21 . 12-14 1 , Power Corp. Co. 2 1- - 12-11 12-22 11-30 12-31 , 2 noc (year-end) Corp. dividend, (15/1000th Premier , , 1- $2 iquar.)** (quar.)—/—— * Pollack Mfg. Co. „ $1% $1 1- Telegraph 12-23 . . $1.25 (s-a)„$l'/2 Norwalk Tire & Rubber, common (resumed) 20c ! 774: pfd.' (accum.) (clears all arrears)— $2% '. ,77v preferred———!-——————— t$1.31V* Norwich & Worcester .RR.," pfd. (quar.)i^_^„ $2.00 Norwood-JTyde Park Bank" & Trust Co.—' Quarterly — $1.25 Nova Scotia Light & Power. 67'a" pfd. (quar.) $$l'/2 Novadel-Agene Corp. fquar.) ■ 50c Nu-Enamel Corporation, common—7'/ac 1- 12-10 Pratt 1- 12-15 Cordage 12-21 ,1-25, Power/ common——/—— 1- , Stock Northland Greyhound Lines, 12-15 12-18 1 -15-43 1- 1 'A % Mfg. Plymouth Qil Co. 12^-10 12-22 1- 1 1-2 1-15 75c 75c , , preferred iquar.)"—— — Northwest Engineering Co; (extra)——. Northwestern Bell Telephone Co.-(year-end) 2 12-28 2-1-43 50c Plymouth Cordage Employees' Stock iquar.)_ (Subject $6.50 2 12-31 iquar.)** — Special ' 1- 12-10 9 20c Plume & Atwood Plymouth (quar.)-^_— prior preferred 67a •'preferred 12-19 1- 1 1- •_**»** .Bldg. & Loan Assn. (Bait.) , 12-13 1- 50c 11-30 12-14 (year-end) (year-end)— Class:B - 12-28 12-21 15c 12-8 12-23 12-28 Northern 12-22 Semi-annually , 12-11 67a 12-12 Plaza Permanent 12-12, 2'Ac ; Plate .Glass (year-end) Pittsburgh Screw, & Bolt..' Eittsfield Coal Gas Co. iquar.) 12-21 12-16 12-22 $2 Pittsburgh Forgings Co.**—*—********** $10c 50c 12-19 12-24 1 12-21 50c Mines*-—****, Package Paper A.,*. class /** * "Gold $1.10 12-22 , . 1 12- Plough, Inc. North Star 1 12-10 12- 2 $2 \'-t Pittsburgh Fart Wayne & Chicago Ry, iquar.) 774 preferred iquar.)***/; ,/'*_* 12-11 2 1- 12- 2 2 1- (quar.) iquar.)*** (Hartford) Co. Pittsburgh Coke & Iron 12-11 12-24 — common 12-30 .12-30 Oil,, 77a'Pfd. (accum.)—$8%c Northern. Central Ry. .(s-a) ———^ $2: Northern: Natural Gas—————. COc 5 pfd. 1- 1- 12- 5 12-17 12- 3 1- —*— 02'40 (year-end) 10c Participating preferred (participating) ___* / 10c Metal & Thermit Corp., 7 f?o pfd. (quar.)— $1% Metropolitan Edison Co.— $5 preferred (quar.)— _/*, SI1/* $6 preferred (quar.)—————— $114 $7 preferred (quar.)—' .4 —_ $1^'* $6 prior preferred (quar.)————— , $114'' $7. prior preferred (quar.)—i—4-——$13/* Meyer-Blaqke Co. $7 preferred (quar.)——— $1% Michigan Associated Telep;, 6',?. pfd. (quar.) SIV2 Michigan Public Service Co., 6pfd. (quar.) $l'/2/ 6','a preferred series 1940 (quar.)——— $114 $6 junior preferred (quar.)— $114 7Ca preferred (quar.) _*./**-_*-,—, $13/*'* Michigan Silica Co.: 4quar.) —I 5c Midland Grocery, 6% pfd. (s-a)—$3 Midland Steel Products, common.'.: ——' ■; 50c Mesta Metal Textile Corp,, 2 1- : Crow 12-15 $1 '/a *; 1 year-end) Pittsburgh approval of to Nortli'-American Rayon class A 12-17 1- held) & Pittsburgh Coal & Gas 12-15 SEC)—1———/——t —— 12-30 (quar.)—75c 1-2 ^53/47<> preferred, (quar.)—-r-r-, 7114c ' ,1- 2 12-12* 12-23 common Extra Pickle 2-1-43 1-15-43 67a' preferred ; 12-24 Company, * Insurance 12-24 20C Tank, Pump , . RR, 1. 12-11 $1 la (year-end) Phillips Phoenix .Detroit-Edison,'capital stock,, for shares, of Trenton & 1 2 1- $1'2 * prior preferred Iquar.) $2 non-cumulative 2nd pfd. 12- 12- S1/.4 (irregular) $6 •' , $1'/* n 12-21 15c tyear-endi, America * one share of ■ 12-29 common--—25c preferred (quar.)———****____ $1V» 5 W'o preferred (quar.)/** *__—• $1.3114Mergcnthaler-Linotype Co. (year-end)——SI(4 Merrimac Hat Corp. (extra)——.— 25c Merck dividend, American/Co; 50 of Philadelphia Co. $5 pfd. (quar.)/ $6 prefeired iquar.) Philadelphia Dairy Products— 12-10 1-2 $lJ/2 . each v, .***,*_ Industries (stock Noblitt-Sparks 12- 12-20 12-23 / Nipissing. Mines,, Ltd. .(interim)^—— - — ' , /.__—. Nicholson File Co. 1-1-43 Quarterly ;(year-end) 12-15 12-31 Corp. Pfaudler ' Co.- 12-31- 15c 12-15 9 1-2 $1.50 2 1- Petroleum 12-16 12-26 12- 12-21 $1.06 V* ******* Philco Corp. 60c preferred (quars)_ Class A (quar. 11 preferred 12-10 12-17 12-15 12-15 75c 12-20 12-21 2 14c __*/_.** : 12-15' , 1- 12-24 25c (quar.)(* (quar.) com. 1-15 12-29 (Md.)—:Bv (year-end)-'—w—t—I- f Comomn . 12-15 Ltd. Mines, Co. 12-31 1-2 1- 2 12-28 $1 * 12-21 12-11' 2 1- 50c Philadelphia $1 (s-aI— ,1-2 _;_*—$1.25 (s-a) 12-17- 2 4'V4 Corp. Niagara .Share 12-19 . 12-29 . ' 12-26 2 common**** year-end) $1% Newberry-.(J. J.) Co. common (quar.) Newport;:(R.' I.) .'Electric Corp.— ^ ;■ 6i/ff / preferred •;iquar.) — Newport News Shipbuilding & Dry Dock—r $5 convertible, preferred (quar.)__———„ ,.12-31, ■o 1 Philadelphia Electric Power, 8'/ —__— Mutual'Telegraph 12-14 , Milk Pictorial New/York 12-31 Co. 12- 3 — 2 Circle $i3; " Mining— Rosario & Honduras 12-19 2 1- ■ York Perkins Machine & Gear, 12-11 New 12-10 1-15 37 "2C 12- 5 Co. York Central RR. of Rec 12-29 SI (quar.) D 2 1-2 12-11- .J$lMi Co, . 12-21 12-31 12-15 Stove $l'/2 $l®i (quar.),_ 1-15 12-, 7 12-31 . .*_**_—**.**■ 12-14 12-15 12- 5 Stores 50c Jersey,Power..& Light, $6 pfd. New New , — , 12-23 12-24 25c J$l,ll 75c Year-end--—*__;.*.——-—-—_*-_*„„*.$1 McLennan, McFeeley & Prior, class A (quar,) $12'/2C Class B (quar.) — i—l-—*__*— :** 12>Ae 61st', preferred (quar.) :—._****—./ J$l% Extra (quar.)/__'__—/——— Inc. (resumed)r^ " $1 New /Fork City .Omnibus.;('year-end) —' ' ,75c New .York &• Harlem RR.; 10pfd. (s-a)___ $2%' Common; (s-a) !_/ $2'/2 15c partic. pfd. (s-aj (s-a) New-Jersey. Water; 7-7" preferred^ (quar.) i— New London Northern RR." (quar.)^ 12-7 $1% McCrory McManus Petroleums, Ltd., , Year-end—j • 5 12-21 12-24 common--—-— preferred (quar.)—* J Stores Corp. (quar,)*, Mclntyre Porcupine Mines, Ltd. (extra)—— McKee (Arthur G.J, class' B (quar.)—— Idea; 12-10 lr2-43 12-18 Co. Haven Water New 2 1- 50o .. 12-14 12-14 12-15, 12-10 12-14, Pet 1-2 12-21 $iy4 40c 20c $1 Va 15c j (quar.)— Special.—v----, 12-28 McColl-Frontenac Perron Gold 1-2 13c (quar.) England-Tel. & Tel._l;^ 12-15 11c 50c ;(quar,).—i——-— Oil, common——1 preferred 7i;< ., England Fire Insurance 12- 12-26 ——: 25c, ——35c 25c (quar.) Co. Alkali, Works, iquar.) 12-31 $1%.' ' 12-17' 1- 1 1-1 1- 2 12-31 1- 2 12!/2C $1.31'/* cemmon__ 1st. preferred $5.25 12-21 SI $$1 Va 25c (increased s-a)_ Fund— Insurance/.(s-a)* ———— - Electric Master Mathieson 12-26 New 2nd Investors Massachusetts 5>/27« 12-19 — 12-17' 12-29 12-28 (resumed) Co., 6 7" prior pfd. (actum. 1 25c $4.50 prior preferred (accumulated)$4.12'/a Oil Co. kyear-end) 35c 12-19 preferred 12-28 Perfect ,1- 2 National Supply 1-15 (irregular) *„__ common 12-15 12-17 National,'Sygar Refining Co. 12-11 1-15 Drug Perfection 12-15 :<:20c //._*——_ (quar—-A preferred Ltd., 61/ Drydock, 12-15 12-31 1 i 17Vic See Field (Marshall) & Co. (Glenn L.) Co. (year-end) i Marven's, 2 1- 2 , Martin Peoples Peoples Gas Light & Coke Co. lyear-endi Peoria Water Works, 7 v preferred iquar.>* 1- v Hoiatr§ (irregular) 12-21 1-15 50c '50c Iquar.) When Payable 25c Name of Company of Ret}, , 1-2 1- Co.— & iquar.) Co. Per thare Holder 1 When Payable 87'/2C Steel Car Corp., Ltd. .**__ preferred series B (quar.)—1 Martin-Rockwell Corp. (year-end) 71/ , Standard National , Mfg.'_ & Screw National 12-11 $134 Marion Trust National 12-31: 9 1- Name,of Company ,, 12-18 30c SI1/* Midland Marine Per of Rep. 1-15 (quar.)*—37'/2C 25c Machine Calculating Payable Share thare Holdert When Per . Home of Company Ma reliant 2185 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4135 Volume 156 Inc.'5'4 preferred <quar.>_* 50C 1- 2 12-10 $2 1- 2 12-19 $1 '/4 1- 1 $1 la 1- 1 25C 1- 1 12-19' 12-19 " 12-10 15c 12-30 12- 37V2C 12-21 12-10 25c 12-20 12- J 9 85c 12-21 12-11* J20C 12-26 12-10 ■t$l34 12-26 12-10 10c 12-26 20c 12-23 $1.75 $114 . 12-10 12-15- 1- 1 12-19 1- 1 12- 7 THE COMMERCIAL & FINANCIAL CHRONICLE 2186 Per snare Name of Company wnen Payable ftoiaert Croix 2nd preferred 3% St. Remedial Francisco Sangamo Electric Co. $3 12-23 12-15 Sl'/a 12-23 12-15 Texas Company Electric $1% 12-10 1- Texas 12-15 Texon 12-28 12-15 Textile 10c (irreg.)__ 12-10 12-31 25c (quar.) 2 62V2c (accum.) Assn. 12-22 12-12 300 12-22 12-12 Thew 25c 7J/a % $5 1-2-43 12-10 Timken 1-2-43 12-10 Tip-Top Tailofs, 1- 2 12-19 12-23 12-10 Brewing 3c Co 7% $1 (quar.) preferred (auar.)_ $5.50 (quar.) $5.50 prior pfd. allotment certificates pfd. Seton Leather Co. Shamrock Oil & — pfd. preferred Association (quar.) Corp., convertible 7% 1-20-43* Tombill 1-20-43* 9 Toronto General 8 Toronto Mortgage 12-26 12-19 Trade 12-24 12-10 Trico Sheep Creek Gold Mines Sheller Mfg. Sherman Lead Co. South La 208 12-10 Twin 1- 12-15 Union Carbide Pacific Disc 12-15 Union 12-22 12-15 Union Trust 1-1 12-15 1- 12-15 1 2 12-17 United 12-17 United 12-12 1 6% 12-12 12- 1 1 $5 :— . United Smith (A. (year-end) O.) United 12-24 12-12 United Light 12-28 12-12 (Howard) (L. C.) i (resumed) Corporation Sonotone South Carolina. Elec. $6 South Carolina South & preferred prior Penn 12-24 12-11* 12-22 12-18 1-15 12-31 12-28 12-14 10c 12-20 12- Extra 15c 2- 1 1-21 Warner & (quar.).. 1- 2 12-15 Warren (S. 12-22 12-10 Waukesha j$iy2 (quar.). $6 12-31 12-22 12- $iy2 : 12-30 .12-21 $iy2 (quar.)—_ — Sugar, 12-18 2 12-19 12-16 $1 (year-end) (quar.) (quar.) 37y2c Corp. 12-21 i- 4 1- 2 37y2c 12-22 12-22 — Illuminating 50C (interim.). common $l»/2 —— $2 ____________— Southeastern Greyhound Lines, 1- 2 12-26 1- 2 8 12- 1- $iy2 $10 _„ 1 12- 1- 2 12-15 1- 2 12-21 4 25C 12-22 12- $30c 12-30 12-10 12-24 Co 12- 7 2 3- 2-15 30c 33- 12-21 12- 10c 12-23 6% convertible preferred (quar.)— 30c 3- 2-15 6% 2nd preferred $iy2 (quar.) California 37»/2C ——_—— Canada Power, 12-23 11-30 12-28 12- West Penn Power 8 4y2% preferred (monthly)™™ 50c preferred (monthly) 50c 2-15 West 3-15 Western Grocer Co. 12-15 2- 1 1 2-15 4- 1 1- 2 12-15 (monthly) 58 VyC 2- 1 1-15 prior preferred (monthly).... 58 V3C 3- 1 2-15 preferred (monthly)... 58y3C 4- 1 3-15 1-10-43 12-21 Pacific 6% S. U. $iy2 (quar.). 12-31 12-21 50C (Seattle) 12-31 12-21 ... 62y2c (quar.) common (quar.) 1- 37 y2c Machinery, Gauge Co., common preferred (s-a)— 7% U. Insurance $2 y2 (quar.) " Shoe preferred S. Canal ... 1- Co. 12-15 12-19 (quar.)— 12-24 U. S. Leather Class A 1- preference Co., 7% 2 1-4-43 12-10 4-1-43 3-10-43 prior preference (s-a) Southern. Weaving S. $8 Loan Society preferred Playing Card Co. 50c 1-1-43 50c 12-24 12- 50c 12-21 12-14 $1 1-15 preferred 1-20 United 12-19 6.4% participating conv. pfd. A (quar.)___ 40c 3-10-43 2-25-43 11-30 6.4% participating conv. pfd. A (quar,)_._ 40c 6-10-43 5-25-43 States 12-31 12-17 $5 $1 12-21 11-21* $5 preferred $2 12-21 12-15 $5 $3 12-26 preferred Trust 1-15-43 1-2-43 $i»/4 4-15-43 4-2-43 $iy4 7-15-43 7-2-43 $iy4 (quar.) (quar.)— • 12-14* U. S. 12-15 Stockyards, 70c conv. pfd. (quar.j__ United Stores, $6 1st pfd. (accum.). Universal Leaf Tobacco, common (quar.)___ ' Co. $15 Southwestern Gas & 5% Elec., Southwestern Life Ins. pfd. Public 35c (quar.) Light & Power $6 Southwestern $iy4 (quar.). (Dallas. Tex.) Southwestern 6Vn% preferred Sperry Service, (quar.) Corp. pfd. (quar.) com. (initial). Springfield $7 (Mo.) preferred Square 5% D (quar.) participating pfd. 5% pfd. (quar.) 2- 1 ($1 - m 1 11-28 1- 2 Swift & Universal Co... Upper Products 75c 12-21 1 2 12-17 12-29 — 95C 1 7% $2 12-15 12-26 12-10 $1% 12-30 12-12 32'/2c 12-24 12-10 1-15 12-18 $lJ/2 12-24 12-15 15c 1- 2 12-15 $3.50 $l'/2 (quar.)____ 1- 2 J$l34 (s-a)_ 12-15 1- 2 12-19 1-15 : t75c —______ 12-20 1-15 12-20 $iy2 Stationery 1- 2 12-31 $iy4 com. 1- 2 12-31 $1V4 1-2-43 Corp.— 12-21 prior preferred 12-22 12- 50c 12-22 12- 8 25c 1-2 12-15 $)y2 $20c (quar.) (quar.) preferred (Win.), 7% (accumulated) Wichita Co., preferred $6 Electric Wiser Oil Extra 12-23 12- 4 12-23 12- 4 12-26 12-12 $l3/4 1-1-43 12-12 50c 22- 50c 1 1-20 1 1-20 $1% 1-1-43 12-12 $1% 1-15 ____ (quar.) (quar.)—___ 1- 2 12- 8 10c (accumulated) 1-2-43 12-15 $iy2 __ 12-28 J25c 2- 1 1-15 Power— (1897 series) $iy2 2-1 $iy8 1-15-43 12-31 6c (quar.)-— Wisconsin Gas & Elec., 4y2% pfd. (quar.)__ Wisconsin Investment Co. (year-end) 12-30 12-16 Co 25c Petroleum Co, (quar.) 1-15 1- 2 1- 2 12-12 12-28 25c _____________________ _________ Woodley 12-11 12-12 1 $1 ______ preferred 1-2 1- 25c (quar.)______________—__ $4 convertible preferred 8 $iy4 ____. (quar.)__; common Sewing Machines—preferred (quar.) & 50c _ ——_ prior Whitman 12-15 12-12 10c 50c $l3/4 12-28 12-16 12-28 12-16 (year-end)___________ 75c 12-24 12-14 Wright-Hargreaves Mines, Ltd. (quar,)__r_ Wurlitzer <R.), 7% preferred (quar.)_—___ 110c 1- 2 11-26 & Lothrop Yale & Yellow Yellow Mfg. & Checker Class 7% Towne Co. (quar.)__— common preferred (quar.)___ Woodward Iron ——______ $13/V 1- 2 12-21 15c 1- 2 12- 4 (year-end) Cab Co. (consol.)— % , B 25c preferred Truck & Coach Mfg., 12-16 1- 2 12-16 25c 12-26 12-16 $1% common 12-26 $l3/4 (quar.)____.—__________— 12-22 Youngstown Sheet & Tube 5 V2% "Transfer 12-23 12-15 1- $2 tOn books account of not closed pfd. A____ this for accumulated 1-1-43 75c 12-29 1-1-43 dividend. ~ 12- ' a ; , deductible at the Less British 5 ' dividends. iPayable in Canadian funds, tax resident tax, 15%; resident tax, 2%, ; — 12-31 10c 12-19 __________ (quar.)— & 1-12 1- 85C i— (accum.) 12-14 2- $2 source. income Non¬ tax. Foreign Exchange Rates Pursuant to the requirements of Section 522 of 12-28 1-15 2-15 (s-a). CERTIFIED (year-end).— (s-a) 12-21 12- 12-19 12-17 1 12-20 (quar.) Sycamore-Hammond Realty— 6%% preferred (quar.) Sylvania Electric Products— 4y2% convertible preferred 1- 1 12-20 Free 90c 12-21 12-12 12-28 12- $$3.25 *$2'/2 1- 3 1 12-15 12-21 12-15 1- 1 12-23 1- 2 i 11-21 5c 12-28 12-12 1- 2 12-11 1- 2 Official — 1 Free 2 12-11 1- 2 12-11 30c 1- 1 12- 1 Ltd. .297733* .237044* .237044* .237044* .237044* .237044* $ - 3.228000 3.228000 , 7 3.228000 3.228000 3.228000 3.228000 3.215033 3.215050 3.215050 3.215050 .060600* ; 3.215050 .060600* .060586* .060586* .060586* .051525* .051525* .051525* .051525* .051525* .051525* .909090 .909090 .909090 .909090 .909090 .876640 .876250 .571400* 1 Free .060600* .571400* Canada, dollar— Colombia, peso___ England, pound sterling— .876406 .877265 .571400* .571400* .909090 .875781 .571400* »' .874531- ' . .572200* ' 4.035000 ; Mexico, peso 4.035000 4.035000 4.035000 4.035000 4.035000 4.035000 4.035000 .301215 .301215 .301215 .301215 .301215 .205725 (British), rupee 4.035000 4.035000 Free India .205725 .205725 .205725 .205725 4.035000 4.035000. .. - .301215 .,205725 Newfoundland, dollar— $iy« 1-2-43 45C 1-15 1- 5 12- 1 .909090 12-21 .909090 - .909090 .909090 .909090 .909090 .874375 .874166 .873958 .874791 .873333 .872083 3.227833 3.227833 3.227833 3.227833 3.227833 3.227833 3.980000 3.980000 3.980000 3.980000 3.980000 3.980000 * (quar.) (quar.) com. Dec. 17 $ .297733* 3.215033 12-11 1- Dec. 16 $ .297733* Brazil, cruzeiro— 12-12 12-28 Dec. 15 $ .237044* — 12-16 12-18 Dec. 14 .297733* $ Australia, pound— New Zealand, pound Union of South Mines Tacony-Palmyra Bridge Class A (quar.) 1930 .297733* $ Official $iy4 Dec. 12 Dec. 11 1- 50c Co. RESERVE BANK TO TREASURY UNDER TARIFF ACT OF 17, 1942, INCLUSIVE DEC. .297733* Argentina, peso- J 15c *75c ; TO Noon Buying Rate for Cable Transfers in New York Value in United States Money 12-10 12-31 150c (s-a).: FEDERAL 11 7 10c $iy* *50c — BY Country and Monetary Unit Official par) cer¬ 12-16 15c pfd. RATES DEC. 1-29 12-30 $2% (quar.). EXCHANGE 12-31 $iy4 25c (quar.)— now 12-24 *75c (accum.) the Tariff Act of 1930,. the Federal Reserve Bank is tifying daily to the Secretary of the Treasury the buying rate for cable transfers in the different countries of the world. We give below a record for the week just passed: 12-10 t$i% 15C ; (year-end),. (Canada) (s-a) Sylvanlte Gold 12-24 $1 12-15 t$l3/4 (s-a)____ convertible White 2 Michigan, Power & Light— preferred 6% $6 1- 12-15 12-14 1-2 12-15 1%C Ordinary (s-a) $1.50 preferred B RR. (year-end) 1st preferred 1-15 75c (s-a)__ common Supertest Petroleum Sussex $5 12-14 v ——__ 12-31 3iy»c (year-end)— Co. Mining common Steel 12-14 2 1-15 12-29 12-21 12-15 Superior Oil Corp.— Old Universal-Cyclops FOREIGN Supersilk Hosiery Mills, Ltd., 5% New (quar.)_ 2 1- 17 Vac $2 12-10 2 1- (accum.) (accumulated). pfd Products Corp. Sun Life Assurance 2 1- 12-10 preferred (quar.): & Co. 1- 12-21 12-21 preferred (quar.) (year-end)—... (quar.) Aluminum Sunshine 12-15* $iy4 Strawbridge & Clothier $5 pfd. (S.) 2 preferred Universal Pictures, 12-10 Co. convertible Stroock 1- 12-21 5% Stewart-Warner 9 50c Mfg. Co Stecher-Traung Lithograph, 5% pfd. (quar.) Stedman Brothers, Ltd., common (quar.) Sterling 12- (year-end). Stearns 6% 1-20 8% Corp.T- (Ohio) Stayton Oil Co. 12-22 12-10 12-15* — 8V2V0 preferred Co. S.) 1 _____________ Standard Oil 2- $l'/4 common Corp. 7% (L. 12-21 2 50c (quar.) (s-a). Fuel, Ltd., Works 12-21 $iy4 _____ Standard National Stanley 12-15 -13-43 1- $1% com. (quar.)— (quar.)—2. & Sons— preferred Starrett 2 12-24 25C (quar.)—.— A Standard FrUit & SS. $3 1- -15-43 United 12-15 Gas & Elec.— Staley (A. E.) Mfg. Co. $5 preferred (quar.) 7% 1 $1.12 (quar.). — preferred series A Standard 75c _ Co. Company preferred Squibb (E. R.) $5 $1% „— ——— 16%C _________ Springfield Fire & Marine Ins, Special $1.50 1- 1- $10 $1.50 ... 12-15 2 pfd.__ 7% (s-a), common Common 7% (quar.) preferred (Iowa) Ltd., Whitaker Paper Co., Sugar Corp.— 40c (resumed).— : 12-23 1-15 Co. (quar.) 5 1- $lJ/8 Westmoreland Water, 6%-preferred (George), Ltd, (quar.) Wheeling Steel Corp.— Woodward Southwestern Associated Telephone Co.— $6 1-15 87J/2C ' I'/o preferred (quar.).. 12-16 5-14-43 8-15-43 12-28 $iy2 (irregular)- Weston 12-23 (quar.) (irregular) U. S. Rubber Reclaiming, 8% pfd. (accum.). U. S. Smelting Refining & Mining, common..,, common 5-29-43 8-31-43 30c _____ 6% pfd. Potash, 4 11-21 2-13-43 $l3/4 (quar.)__ (quar.)— Tablet Wisconsin S. 12- 12-21 $1% — 1-1-43 S. 12-21 2-27-43 ./ common Wilson U, 50c _____________ A cum. 12-22 U. 12-14 12-19 50c 1- $4 12-14 1- 2 $1% — (s-a)_^ 12-10 (Phila.)— 12-24 1- 2 (irregular). 11-10 2-15 (year-end) Pennsylvania Pipe Lines— Southwest U. pfd. 1-4-43 2 9 12-15 $iy2 25c 1-4-43 35C 2 — $8 __ 12-16 1- 25c — $l3/4 (quar.) 12-24 ___________ Water, 7% preferred Wilcox-Gay Corp. Wilsil, Ltd. (quarterly)—™ (clears all arrears) 12- ____ 12-15 25C 12-22 12-12 50c 5% preferred (quar.)_____ Westinghouse Elec. & Mfg., com. (year-end) 7% participating preferred (year-end) Westmoreland, Inc. (quar.) 12-15 $1% — 1— (resumed) (resumed) S. Lines 9 12-21 " Co.— New York & Penn Ry., preferred Western 9 12- 12-31 40c 25c class A Co., 12- 12-24 50C — Gypsum Co. com. (quar.)___._ 7% preferred (quar.)___. preferred 5% 12-19 $1.75 ....—r___ 2 2 Grocers, Western 12-15 5 11- S. Guarantee 5 $2.50 (s-a).., 7% 3-15 58!/3c Western 1-15 3- 53c 12-18 12-28 ______ 1 53c 12-22 21-31 $1V4 _ Utilities Co., $6 pfd. (quar.)_ Virginia Pulp & Paper Virginia Water Service, $6 pfd. (quar.) 2 1 £ 30c Texas 1- 3, prior & 12-15 3-10 25c (quar.) 4- • 53c (monthly) (monthly) $7 Co., preferred 53c (monthly)., preferred (monthly) prior preferred (monthly) RR. 12-24 12-15 $1.20 ____________ (year-end) 50c — prior J. 4-10 ____. (Ala.) Electric, prior N. 4-20 60c (quar.)_______—__________ Co. Penn West U. U. preferred West preferred 1- $1% (initial) West (Del.)— 12-18 1-16-43 1-20 (s-a) (year-end) common partic. Sugar 12-24 2-1-43 7-17-43 Snowdrift™ Ohio Gas 1-15 prior & 12-15 12-21 t20c 11-30 Kootenay Power & Light— 7%. 12-15 Extra / 12-20 12-21 $1% (accum)____ preferred 12-30 10c 6% participating preferred (quar.) Sovereign Investors (quar.) Southern Natural Gas (year-end) Southern Pacific Co. 1-15 12-20 12-16 12-2L 25c Fixture & 12-19 1-1 12-21 3-20 (quar.) Mills, non-cum. West 1 preferred Oil West 2 preferred Co. 2 12-26 4-17-43 Co.__ I5c (s-a) t$iy2 (quar.).. common 1-15 34%c original preferred Southern 2-15 3- Edison Co., Ltd.— (quar.)2, 5'/2% preferred C (quar.)— 5% 1- 5 1-43 (year-end) Jersey & Seashore RR. 11-30 $iy4 5 2-15 37y2c (quar.) 12-10 50c preferred Indies 1- United 2-15 30c (quar.) com. 12-10 12-30 25c 6% Boylston Mfg. 8% 2- prior (quar.) preferred 12- 12-21 $2!/2 $iy2 ... West 50c prior preference preferred Southern West 50c 7% convertible 12-10 12-21 37Vfec 8- 2-43 (year-end)__ Grape Juice, common preferred (quar.) Wesson (monthly) 7% non-cumulative 12-21 '• 37'/2c 5- 7% preferred (quar.) 7% preferred (quar.)_ Wellington Fund, Inc. (year-end)__________ 3 12-19 $1 _ — prior preferred D.) Motor participating 7% (monthly) 12-21 6% 12-11 t5c ; common Swasey Co. Showcase Welch preferred United 8 6% 2 37J/2c West 1- $75c common... . $2 12-18 12-14 75c __ & Railways Co. 12-10 12-10 1- $1% :—... Baking Co., $7 preferred Weber preferred United 12-15 12- 12-21 20c (s-a)___; Wayne Pump Company__ 12-11 2 12-24 50c Company 2 55c • (quar.).. Wayne Knitting 6% preferred 12-11 50c 1st pfd, (quar.) 1 1- 7% 12-14 5c : : — 1- 12-30 $1% prior 7% 5 1-15 12-21 $2.i2y2 8% preferred Ward 7% 12-14 12-28 25c — Extra South Porto Rico Walworth Gas— (quar.) 4 12-12 12-15 prior 7% 12-11* 12-21 20c (s-a) —— (quar.)— Power Oil 12- 2 12-12 1-1-43 $2% (quar.)___________—______ Waialua Agricultural Co., Ltd. (year-end) Waldorf System (quar.) ____________________ 2 6.36% 12-10 12-21 1 (s-a)___ preferred 1- 12-21 (Canada) 6.36% 12-10 50C (year-end) common 12-24 $iy2 preferred A Corp. 12-23 (quar.)— Equities 7% 1- (quar.) 6.36% 8 t$iy2 & Corona Typewriter, common Mfg. Corp. preferred $1 (quar.) of Pittsburgh 6.36% 8 12- 50c (year-end) 1 Paper Mills, 6% pfd. (quar.) convertible 12-19 (quar.) Co. 7% 6% 12-17 12-22 $2 preferred 50c 12- 12-22 12-26 12- 62V2c $1% (quar.) 6% 12-15 12-15 2 $iy2 (quar.) Smith Solar 2 preferred 6% 12-31 1- $iy2 $6 pfd. Corp. Solar Aircraft Co. 2 1- $iy2 . ——— Smith $6 Gold 12-31 tl5c ; _ Common 1- 10c Gas Improvement, preferred (quar.) 12-31 -15-43 1 1- (quar.)— prior pfd. (quar.) Vulcan Detinning Co., Common 12-19 Investments, Ltd.— (quar.)__ Gas & Elec. Corp. com. (year-end) 1-15 5c Sloss-Sheffield Steel & Iron, Elastic 1-15 t$l3/4 ;_ — ; Extra 2 m United 12- 10c — (quar.) Singer Mfg. Co. (quar.) 1- Fuel United 12-21 }30c — Corp 50c class A preference 12-21 m% . Paper 12-19 —__ 12-23 1- RR. Co. 2 noc preferred Carbon & 1- (Toronto) Street Co. 12-19 (quar.) Union Wire Rope Corp. (quar.)— United Corporations, Ltd., class B (year-end) 12-28 1- 12- (quar.).. preferred 6% 12-19 2 preferred 6% 12-10 2 1- 62y2c preferred Salle Clutch 12-21 (year-end) Works convertible $1.50 12-10 1- 1- 1- 2 (year-end)_: my* 12-10 1- 12-10 2 6 % preferred (quar.) (Quebec) (interim). King Coalition Mines Co. (irregular). Simon (H.) & Sons, Ltd., common (quar.) preferred $6 12-15 1- 41%C (quar.) Co. 1-1-43 12-19 12-23 J$l,/4 Victor Chemical Works (year-end) 30c Victor-Monaghan Co., 7% preferred (quar.) $l3/4 Virginia Elec. & Power, $6 pfd. (quar.) $iy2 Virginian Railway common (quar.) _____—62y2c 12-16 1- (quar.).; preferred A Corp., 12-26 12-10 1 $2 __ (New York) Corp. Lamp 4c Sigma Mines 7% Corp. Co. Guarantee 5c Silver Simplex 12-10 75c (quar.) 1- Sherwin-Williams of Canada— 7% 11-30 12-21 1- $iy2 (year-end) Kamp's Holland Dutch Bakers— de of Rec. 12-24 ; $6.50 preferred (quar.).. Ventures, Ltd. (interim) Viau, Ltd., 5% preferred (quar.) 12-22 12-21 58 V3C Twentieth Century Fox Film, com. & tic (year-end) 12-29 (accum.) (accum.) (accum.) Knitting Co., 5% Common 7 $iy8 ,___ 12-10 12-24 J4C L' Co Co. 6% Finance, Products 10c —_ 12- i7y2c __— 1- $iy4 (quar.)—.; Extra Trusts & Trust Bank 5c (quar.) Co. (quar.)—; (F. G.) Gold 12- 25c preferred 12-15 $iy4 .... ______ (monthly Mines (interim)— 12- 40c Shattuck (monthly) Tung-Sol 15c (quar.)—,———— common— 2 25c ... (monthly). Tri-Continental 30c 1- 12-28 preferred Van 4* t $ 1.75 12-16 $3 (s-a) (s-a)_ 12- $1 (quar.) 12-10 60C 2 25c Van Norman Machine Tool 12-10 1- 50c (year-end) common 1- $1% 12-24 $iy2 preferred $1% — Steel Co. Ltd., preferred 84C _ 25c 8 $1 (quar,) 62c (quar.) Special Sharon 2 Axle Detroit $iy4 — —— Gas, 6% convertible Shawmut B Valley RR, of New York 1- 1 $7 6% preferred 50c __ 12-16 2- tlOC (year-end) (quar.) (quar,).. Toledo Edison Co., 5',4 preferred Trust — 12-22 ... J65C 37 V2C preferred 1- convertible Traders 10c Seiberling Rubber Co., common (year-end) $2.50 convertible prior preference (quar.) 5% class A preferred (quar.)— Selected Industries, 12-23 80c — Security Holding Corp., Ltd.— 6% non-cumulative preferred—. non-cumulativc 2-1-43 50c $iy2 — Common 2-1-43 $iy8 ___— Utica $30 preferred 6% (quar.)—— ——— $4Va preferred (quar.) __________ Scovill Mfg. Co. (quar.)—:.: Scranton Electric, $6 preferred (quar.)--— Seaboard Surety Co. (year-end)—— Securities Acceptance Corp.— Inc. preferred $2 $1% preferred $5 convertible $4.50 Paper Co.— 6% Products, $1.87 »/2 (quar.) 12-15 Tide Water Associated Oil— . . pfd. Holders Payable $1% pfd. 12-15 .... Thompson 12-10 pfd. $6 Power & Light 2 (year-end) 12-10 12-10 5V2 % 8% Utah 2 (quar.) (quai(t) common 12-21 1-2-43 Schmidt 5% Co. 1-2-43 (quar.) Upressit Metal Cap, 12-12 10c Co., $1% Distillers Corp. pfd. Building Shovel $1.62 y2 debenture A 6% Banking Adams 12-15 1- 50c $6 (resumed) 1 When Share (quar.)___- 1- (quar.) Service, preferred f20c Land & 7% Company common _ Power— D (quar.)—__ (quar.)_ , debenture B (quar.)„_ Schenley $4 Oil Co., *62>/2c (quar.) common (quar.)... Taylor 2 17Vac preferred Loan Ltd., (G.) preferred C debenture Scott 1- 5% 1- Upson 12-28 4c (Wm.) Corp. (liquidating) Teclc-Hughes Gold Mines, Ltd. (interim) Temple Coal, $6 convertible preferred.. Tamblyn 2 12-14 (year-end) 1-15 1- 12-26 Name 0) 12-14 68 %C (quar.). 12-21 12-10 debenture 6'/2% 8% pref. t75c (quar.) & partic. 1-15 preferred (quar.) Savage Arms Corp. (year-end) Electric 5V2V0 Tamarack & Custer Cons. Mining 12-21 70c 7% 12-23 12-21 — San-Nap-Pak Manufacturing, com. Savannah 2 2 — (s-a) (s-a) Co., 7% Regis Paper San 11- Per of Rea. 12-26 10c Talcott^ (James), Inc., com. (quar.)_L *75c (accum.)— 6% 1st pfd. preferred St. Louis Bridge 5 Holders Payable 10c f25c cv. convertible preferred A 6% 12- share *25c pfd. A (accum.) (accum.) St. Lawrence Paper Mills, 6 % pfd. (accum.) Corp. 4% Lawrence 4% 12-23 $3 _ St. Louis National Stockyards St. 5 $1 preferred (s-a) 6% Paper, 12- $1 St, 12-23 When Per Name of Company of Rec. $1 (quar.)_____ Safety Car Heating & Lighting Monday, December 21, 1942 (quar.) — 5% preferred (quar.) $3c 1-15 25c 12-30 25c 12-30 $iy4 2- 1 Africa, pound :: Uruguay, peso— 12-15 Controlled 12-15 Noncontrolled 12-17 •Nominal .658300* rate. .658300* .658300* .658300* .658300* .658300* .527340* .527440* .527340* .527340* .527340* .527340* 2187 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4135 Volume 156 News General Corporation and Investment RAILROAD stock, par $5, pares —V. cents per share has been 50 with $1 155, p. 2450. , ■' , , "■ Operating expenses-— deplet. Net RR.—Definitive Bonds— Great Southern Alabama 3 XU % bonds, series A, due are now ready for exchange for temporary bonds at Trust Co., 140 Broadway, N. Y. City.—V. 156, p. 2003. mortgage first income Nov. Account for Month of equipment——— expenses Net equity in from cars rents Miscellaneous ■_ ——— —V. 156, interest for 17,400,096 20,650,110 1,792,936 7,171,748 7,171,742 32,198 51,299 of no & extra —V. equity of American & Light Co. in above) shown income 15,716 15,904 _— 59,084 Dec. units 2,431,219 10,265,418 13,486,153 108,565 347,200 399,468 5,002 25,317 2,794,897 2,833,381 1,527,025 6,786,736 9,833,617 dividend No action 23, Dec. On taken at the directors' meeting held last a payment of $3 per share was made, which were the first distributions was Period End. last year, $3.75 of dividend A has share per subsids.__ Other Reduced— Susquehanna RR.—Dividend Albany & declared been on Expenses capital the Only) $16 of dividend per 85,042 108,565 80,650 83,639 3,593 5,002 taxes and Int. Corp.—$16 Accrued Dividend— was recently declared on account of cumul. preferred A stock, payable Dec, 15 other 690,933 706,988 $681,908 deducts. $7,025,260 $10,856,807 2,794,897 2,833,381 $2,447,639 $1,372,841 ____—._. to on $1,740,651 . Balance Sheet, Investments Cash receiveable Dividends receivable current Other A. Gardner, 156. V. named trustee of the John P. Barnes. The appointment will become of the Interstate Commerce Commission.— approval upon discount Unamortized of America—Secondary Offering.— Corp. offered a block of 50,000 shares Co. Aluminum preferred stock (par $100) as a secondary dis¬ tribution after close of trading on the New York Curb Exchange Dec. 10. Offering price was $108 a share, with 2*2 points as the selling commission to N.A.S.D. mem¬ 6% of 1 bers.,' " ' / • ; Up Forging Output— Steps company The on Dec. 12 announced at a rate of 25 is now of ■; . 6% ' : : " that its production of forgings -___ 1,790 604,571 As outbreak as 150 different types of aluminum forgings, he said, single fighter plane (big bombers may have as many many in a The Other declared 99,789 331,788 4_ . 458,301 debt interest-.-.:.—™_ liabilities.™ 10,005,537 270,372,824 273,559,369 $6 by share, a 8,727,010 ™_™_ — $100 525 36,026 ______ "Represented to 525 36,026 — ._ surplus : _r._^"™—_______ Total pari preferred cumulative, (entitled upon liquidation passu with $5 preferred); authorized, 1,000,000 issued and outstanding, 793,581 2/10 shares, incl. of 26 2/10 shares of scrip in 1941 and 25 2/10 shares of scrip in 1942; $5 preferred shares; (entitled cumulative 156, p. upon liquidation to $100 a share, pari passu with authorized, 2,200,000 shares; issued and outstanding, authorized, 4,000,000 shares; issued, 3,013,812 shares less 5,301 reacquired and held by company; outstanding 27/50 Amerex propeller blades. delivered to pro¬ 1,959 27/50 shares 156, p. 2093. (including 27/50 of in scrip 1941 and 27/50 shares in 1942 —V. 1,881 American Sugar Refining the This said, The 156, Previously, cents 50 per paid regular share.—V. 156, p. 158. company American European semi-annual of dividends Securities Co.—25-Cent Common common share on record Dec. 24. ; June —V. 156, 25, last, as p. • . - share was made on the common stock against an initial of 40 cents on Dec. 20, 1941. distribution of 25 cents per A on have declared a dividend of 25 cents per share on stock, and the usual quarterly dividend of $1.50 per the preferred stock; both payable Dec.1 30 to holders of directors The West 156, 1321. paid $2 on payment Feb. was last, 2, one of 25 and 50 cents cents on finance set aside the the plaintiff, Lines Steamship (& 1942—9 Mos.—1941 $13,144,612 $22,881,953 11,442,382 19,419,246 Federal) 331,161 491,657 1942—12 Mos.—1941 $20,825,763 $29,601,754 18,459,206 25,822,485 565,566 640,380 $3,138,889 $1,371,069 Net $2,971,050 $1,800,991 142,475 35,559 315,484 83,245 $2,116,475 $3,222,134 — $1,513,544 $3,006,609 215,994 294,714 298,277 425,612 $1,297,550 $2,711,895 $1,818,198 $2,796,522 466,419 income 900,292 596,274 933,620 $2,414,472 $3,730,142 deductions oper. profit Gross Fed. profits excess Net profit-! (net). profits for Prov. $1,763,969 July Feb. on 1, 1938.— 2, . $3,612,187 600,184 _____.i. 520.317 1,150,773 451,230 $3,091,870 $1,263,699 $3,278,912 & inc. taxes- $1,163,785 profit The Notes—(1) operations sidized above statement includes of the New York & Cuba the earnings from sub¬ Mail Steamship Co. (a before provision for recapture by the U. S. one-half of the profits in excess of 10% on the capital necessarily employed in the subsidized operations (the amounts of such recapture of profits to be limited by the total amount of subsidy received) as provided in the Merchant Marine Act. (2) For the nine months ended Sept. 30, 1942, the above figures include provision for contingency reserve in the amount of $251,665. The provision for Federal income and excess profits taxes1 is sufficient to cover these taxes as provided in the Revenue Act of 1942 recently wholly owned subsidiary) Maritime Commission of enacted. " . Edgar S. Bloom, • ■/.'■ . President, in letter to stockholders states: /■ .. declared a dividend of $2.50 Per share on the preferred stock end $3 per share on the common stock, both payable on Dec. 15, out of 1942 net earnings, to stockholders of 12, Nov. On Dec. Since vessels entered country the war, company has lost two com¬ and freight vessels and three freight ships. These adequately covered by insurance and collections have on two of the vessels and the remaining three are in passenger were made been directors 1. our bination of adjustment. The War Shipping Administration, pur¬ of the Merchant Marine Act of 1936, as amended, requisitioned title to two additional combination passenger and freight vessels, we to receive just compensation as provided by law. The balance of the fleet continues to be under charter to the U. S. Government. ' Under the offer of July 29, 1942, made to the preferred stock¬ holders to purchase preferred stock of this company at $40 per the ' and the 1203. p. Indies Sept. 30— income Other process also has American Turf Association—75-Cent Dividend— dividend year-end the on Dividend— the with previous 1947. corpora¬ suant to section 902 2093. Holding Corp.—37 V2-Cent Dividend— the p. Alcoa dividend of 37 Vi cents per share has been declared on the common stock, par $10, payable Dec. 28 to holders of record Dec. 15. This is the same as was paid on Aug. 1, - last, and is in lieu of the dividend normally payable Feb. 1.., It was stated . that in the future the corporation plans to consider dividend distributions in June and December. . t Inc.—V. & expenses—— (except record stock, common compares 1941. Co.—$1.50 Dividend— declared a. year-end .dividend of $1.50 per share payable. Feb. 2 to holders of record Jam 5. The directors have on V. semi-annual A , Taxes shares;. common, 3,008,511 A ; Gulf preferred); $6 makes pistons', crankcases and thousands of other fittings for for warplanes.—V, complaint which sought to denied injunctive relief asked by Trucking, Period End. Gross 1,810,076 45,236 362,426 458,866 1,206,708 ™ to Inc., a Operating revenues Operating Interest 42,358,000 3,903,000 3,780,000 payable current Earned are as still is climbing up¬ peller manufacturers, he added, "and production ward to new highs." In addition to propeller blades, - Mr. Stanley forgings and order McLean 13,519 41,153,000 Capital surplus . most familiar of these, Mr. Stanley said, are Hundreds of thousands of them already have been ; Commission Other Accrued taxes General Sales Manager, said comparatively new industry aluminurfi different types.) 300 dismissed court The 3,232,822 214,579,677 214,579,677 debentures Co., 641 Held. used & ' ' 270,372,824 273,559,369 ______ gold debentures Long-term along," has been "second to none" in the came war expense..: Loeb 9 upheld consolidation. 599,710 " 652 3,098,609 13,519 • ___ J. 978,444 J. Stanley, Vice President and expansion of aluminum forging, "a when . times that of 1938, the year before the George the and Southwestern Power & Light Co. 1 • . in Europe. war ____! Kuhn, 1,028,771 619,211 ; 294,575 stock "Capital Accounts Mellon Securities ' subsidiaries—™ from Prepayments Dividends 1948. p. 1,338 1,034,846 , Liabilities—• Chicago attorney, has been by Federal Judge 5,632,723 : assets™^.—. Total Henry 10,348,376 " Appointed- Alton RR.—Trustee effective subs.__ than ——.A by 156, p. 1412. accumulated dividends.—V. road others from Inc.—Merger Upheld— Subs.)—Earnings— 3,761,800 Accrued interest receivable— y $ 10,349,453 _ .' deposit Special ''-i'-v"the close of business Dec. 7 was $3.76 a share after making provision for payment of taxes and other liabilities to this date and for preferred stock at $100 a share and 'V The asset value cf the common at ' dissolved. *:\ 1941 251,198,822 252,096,447 — investment_____ ______ Accounts voted Subject to the approval of the stockholders, the directors have that the company be liquidated, its assets distributed and the company ; _. cash —: securities of underwriting Atlantic $ Temporary Dissolve— Proposes to (Company Only) Sept. 30 1942 made, as against > Associated Transport, $8,023,426 $4,230,363 Assets— 1 March 16 and July 14, 1942. on _______ This will wipe out all arrearages on the preferred stock to Oct. 1, 1942. On Oct. 19, last, a payment of $4 per share was $2 each income 48 15 A the Net cents each on the $6 first preferred stock were made on and" Nov. 15, 1941; none since.—V. 156, p. 2004. of and the share the 6% holders of record Dec. 11. accumulations 30 preferred stock, on account of accumulations, payable Dec. record Dec. 21. These are the only payments this year. Distributions of 56 cents each on the 7% first preferred stock holders of special statutory court of three Federal judges on Dec. an order permitting the acquisition of eight motor carrier tions and other companies by Associated Transport, Inc., $2,644,845 _____ to Aug. Alliance Investment A Divs. $1.19 per share share on the $6 $7,709,045 $11,675,962 347,200 399,468 311,268 397,789 25,317 21,898 $2,629,129 15,716 __________ Balance preferred first 7% the declared dividends of stock and $1.02 per 14 Dec. on 1942—12 Mos.—1941 $7,639,777 $11,616,878 69,268 59,084 1942—3 Mos.—1941 $1,526,222 15,904 ___ taxes Federal Other (Company '$1,542,126 income Total Previously, the $4.50 per share payable Jan. 2 to holders of record Dec. 19. company made regular semi-annual distributions of on this issue. (See V. 156, p. 74.)—V. 156, p. 1412. stock, Account( Sept. 30— from Income directors The first Income compared with $5 on Nov, 10, 1941, made since 1938.—V. 155, p. 911. Telegraph Co.—Accrued Associated Telephone & 21,898 706,988 1,299,109 surplus___L earned report for the week the Associated Gas & Electric This is an increase of 10,370,709 125,041,928 units a year ago.—V. of output 156, p. 2094. on Association—No Dividend Action— electric net 11, 135,412,637 units (kwh). 8.31* above production of or An Dec. 18. Dec. 28, 1940. 397,789 3,593 690,933 — deducts. other 311,268 83,639 80,650 taxes taxes and the capital stock, Co.—Weekly Output.— was 85,042 ; and the regular quarterly Associated Gas & Electric Corp. of trustees The 2,159,327 share per have been declared on Associated Gas & Electric Total Int. cents 50 1857. p. ended Bal. carried to consol. week. 156, 13,427,069 10,196,150 69,268 2,415,503 2,143,423 — Expenses Federal of value, both payable Dec. 28 to holders ol' record of 50 cents was also paid on Dec. 27, 1941, and on par income of subsidiaries Other $36,563 : Corp,—50-Cent Extra Dividend.— dividend of 25 cents per share 13,427,069 10,196,150 2,415,503 2,143,423 to 156, dividend extra up date of presentation of bonds at any time prior to p. 2094. upon Arundel 1856. p. Alaska Packers 1943 1, redemption.—V. An ___ Power 1943 Holders Feb. bonds due in redemption as at the at 103V* and interest. Payment will be made Trust Co., trustee, 140 Broadway, New York City. of the called bonds may receive 103'A and interest 1, Guaranty Power , Other available Balance 4,220,297 1,792,943 Light Co.— £>rl5,559 7(76 313 '— — — Co.—To Redeem Bonds.— $3,200,000 group income: (balance)..— gross rent— facility 3,944,314 11,858 43,863,000 45,697,000 47,052,000 46,947,000 outstanding first and refunding mortgage 5% principal amount have been called for the Feb. of Light income American $53,211 ———— — freight of Hire Joint Of 1966, 15,735,919 7,948 1938 54,011.000 55,661,000 56,234,000 56,222,000 "65,656.000 28— Amer¬ Power & (as income of subsidiaries 25 .. _ 15,674,337 J* 1939 1940 137,554 3,978,389 —. Co. $53,186 — 1 public to ican 54,575 5,430 — income— 33,074,433 and public to divs. Net revenue 33,777 8,198,686 applicable to minority interests. ■_ 29,226 23,261 4,559 ___—™ ———_—- —-™—.——— non-operating Deductions 36,386,029 35,008 for the last of electric energy output 1941 77,250,000 21__ Nov. ' Portion $175,597 operating revenue—: ————™——:—— $58,545 Railway tax accruals———— : ——5-359 Gross 11,231,021 36,248,475 (net) Balance Net net 11,722,593 8,164,909 weekly of 1942 Arkansas Power & Light Pfd. ———_—— —_— expenses Total 2,819,536 7,822,594 32,938,059 136,374 table 59,261,000 "75,577,000 69.136,000 58,130,000 Dec, 5— 77,769,000 71,268,000 60,466,000 Dec. 12— 78,296,000 73,316,000 60,839,000 " Includes National Holiday.—V. 156, p. 2094. Nov. 10,034,336 3,913,288 ; — — Transportation expenses Total 2,936,486 __ income int. Net of October, 1942 operating revenue..—— Maintenance of way and structures—. General 2,611,891 7,857,602 revs income Gross the Guaranty Total Maintenance 3,040,722 approp. oper. Other 1, 1967, Northern RR. Corp.—Earnings- Alabama Tennessee & Traffic res. Inc.—Output. follows: years Week End.— and retire, Property five 11,572,558 18,316 010 10,221, 264 revolving favorable 1571. 156, p. 1941. Comparative 5,019,249 ____u taxes Other available interest.—V. of week $ 2,582,284 taxes Federal 1942- -12 Mos.—1941 $ $20,000,000 stated, provides for a until Dec. 31, 1945, at a Jones American Water Works and Electric Co., 28,378,019 120,900 ,589 112,705,112 43,618,722 11,740,961 47,702 663 30,493,673 12,133,060 revenues— Mr. Output of electric energy of the electric properties of this company for the week ending Dec. 12, 1942, totaled 78,296,000 kwh., an increase of 6.79 % over the output of 73,316,200 kwh. for the corresponding Account $ greatly increased revolving credit to meet its a working capital. agreement, to up of rate for arrange loan credit 1856. 156, p. Definitive $ The (& Subs.)- -Earnings- Income to requirements for the on MISCELLANEOUS ■ visable Dividend.— 1% % of 1942—3 Mos.—1941 Operating dividend (No. 2) of 10 cents per share on the new common stock, par $3, payable Dec. 28 to holders of record Dec. 21. An initial distribution of like amount was made on Sept. 1, last.—V. Consolidated Subsidiaries— have declared a dividend a Light Co. Period End. Sept. 30— Appliance Corp.—Dividend No. 2.— Air-Way Electric The directors declared 11 American Power & common stock, Like amounts were 156, p. 1856. payable Jan. 15 to holders of record Dec. 31. paid in each of the eleven preceding quarters.—V. both Dec. on usual quarterly of 25 cents per share and the amount have been declared on the like of dividend i; . Distribution— dividend extra An ' Reduction Co., Inc.—Extra Air INSURANCE - 7% non-cumulative preferred stock, par $100, payable Dec. 31 to holders of record Dec. 22. Like amounts were paid on April 21, July 1 and Oct. 1, last, and on Dec. 31, 1941, compared with $2.04 on Aug. 29, 1941, and $1.75 each on April 19 and July 7, 1941.—V. 156, p. 2093. directors The declared on the common payable Dec. 29 to holders of record Dec. 24. This com¬ paid on Dec. 26, last year, and 25 cents on Feb. 14, 1941. dividend of INDUSTRIAL - American Car & Foundry Co.—Preferred Corp.—50-Cent Dividend.— Ainsworth Manufacturing A PUBLIC UTILITY ■ A 8. of stock, common Dec. record compared with 25 year, cents 75 par similar $12.50, share per payable distribution cents on Jan. was 6, was Dec. made 1941.—V. declared recently 18 holders to on 151, Dec. 17, p. of last 3879. tenders share, American the of Type Founders, Called— convertible sinking fund debentures called for redemption as of Jan. 15, will be made at the Guaranty Trust Co., trustee, 140 Broadway, N. Y. City. The right of conversion into capital stock will expire on Jan. 5, 1943. Upon, presentation of the debentures to the trustee any time prior to date of redemption, holders may receive 105 and int. to Jan. 15. All due July 1943 at 15, 105 outstanding Inc.—Debentures 1950,- have and int. 15-year accepted market received totaling 15,358 shares which were addition, the company purchased in the open months ended Nov. 30, 1942, 7,342 shares of stock at an average price of $40.38 per share. long-term debt has been reduced from $8,122,023 to $6,097,333 on Nov. 30, 1942, a total reduction $2,024,690, as follows: ' its preferred Outstanding been Payment were in full. In during the 11 Dec. on of 1941, of 1959— Merchant Marine Acts collateral trust bonds 5% Govt, S. U. 31, —V. 156, p. loans under ——~ - $606,500 1,418,190 1858. 1943. Baldwin Locomotive Arranges For $20,000,000 Credit— Thomas tered tion into V tinuing Roy Jones, a President, announces that the commitment loans to be expansion with a banking group for company has so-called Regula¬ guaranteed by the War Department/since the of the company's war production has made it en¬ con¬ ad» the Dec. Works—$1 Common Dividend— 10 declared a dividend of $1 per share on common stock, par $13, payable Dec. 29 to holders of record 18. This is the first dividend declared on this issue since plan The directors on Dec. THE COMMERCIAL & FINANCIAL CHRONICLE 2188 distributions Semi-annual old to 1, 1931; above, for In no share of of shares value par since. none one 10 each of stock common Jan. 87Va of Under on the announcing the current dividend "The shareholders entitled to include standing by of receive paid issued the entitled 18, the due of the stock, but common by or subscription dividend also Inventories Sundry out¬ Other who Fixed those warrants shareholders are voting 1942."—V. instructions of the voting trustees, of the voting trust certificates agreement dated Sept. 1, 1937, Who of record close at business of the of of The will bonds York; also be Buren Extension Finance refunding 4% be 6,072,937 * 1 ' * 3,502,960 > expenses..., bond expense...I debenture . : — first 5s. A loan of Prov. payable 1 of Accrued Federal Other 1 , , Net 156, Debenture debt for ' ' cumulative »5'»- 136,505 108,759 r—_: of assessment expense , .. — Glenn « W. Corp. Shetler, its at formerly plant, Syracuse of Canton, Ohio, Earnings ♦Net associated 3,169,400 Net • 3,189,400, 3,600,000 3,600,000 3,980,117 ....' 4,000,288- Ended 80. and taxes.—V. amortization, 156, value.—V. par 156, value. „ '• $60,331 before but provision Months 9 Net Fed¬ for profit Ended Sept. 1942 . cf Boyce, directors has President,, authorized Dec. on 11 announced that the the purchase of approximately $200,000 20-year 6% income 2nd mtge bonds May 1, 1957, at the flat price of $95 per $100 par value of bonds, value par due net to letter Co., of the of the holder. Bondholders transmittal Elizabeth, 1943.—V. N. 156, and J., their at are time any urged bonds to forward The to prior to Jan. Pulp 8, Paper Co., Inc., Big Island, The of company A-2) first be dated lac., 1, is Company is Point form the 11 and bonds engaged making to mature the for and" hydraulic works Timber corrugated and James Corp., owns derives a part of The net proeeeds to $'289,000 of be estimated 'and 5% ■cash from the notes sale revenues- Uncollectible Operating Net which , $3.26 . of the Net 5,105,316 taxes 891,711 $1,225,473 bonds Hess under the first nine months of year,—V. to added : . the ■ • dividend of .distribution fc'.nce.—V. $1 of 26 like 155, share per Dec. payable to has 30 amount Avas made 151,141 142,465 50,051,937 45,868,157 no 1942—applicable" Dec. on" Dec. , Period End. Oct. 3i—• and 31. h 18. An-, last 27 year- I 1942—12 Mos;—1941 $8,676,821 6,159,795 5,436,212 of Net . Int. Other Net Divs. 600,000 int. 309 3,707 $140,074 $1,721,296 & 957 651 $226,003 $140,725 45.759 apphc. 4,573 to pref, stocks monthly Aa.X^Pi°V^101,A Oct. 31, At 1942, adjusted in the for Bend ; pro-rata there the Period End. Nov. 30— a Revenue December. of V. to Act 1942-Month-1941 Unci. eoods Gross sales on Profit .Orher leased of —v. and departments)— $12 •Earnings for the ; - 740 0$2 sales— r • 2, < "40 week p. estimated , ' , k April. 2 51.782 40,520 49,206 22,286 $1,035,069 for Federal months directors the A and . $930,170 156, p. tax the 1602. * 1941 1942 —— stock, common like .amount Dec. on .was 1942.—V. 15 $12,355 — taxes. * declared payable paid 155, 2454. dividend /of" 20 V $4,608 '" r " Year Ended Earns, ■ ■- , L_V. July 31— amounted before. This 1941 $0,082 Canadian 155, stock, no of 75-cents ' value, payable Dec. par distribution 1941 of were 50 cents on May on • 27, 50,cents each.—V. 156, Net 1572. $7,215 52,341 53,151 $3.85 $1.10 $1.01 $0.14 ; 1942 1941 $2,081,611, " ." Fees of profit $973,900 $1,098,399 11,935 $1,409)035 14,629 '; > - oh sale income $985,835 ' inc. share per 108.868 420,883 $583,277 tax of " . other on • ,. $1.35 $620,637 27,962 29,925 > f, "3,186 3,638 8,776 7,713 47,649 55,716 49,155 165,646 158.409 159,688 in for 91 3 redeem, 664 100,000 $554,861 $383,659 $220,112 277,979 . 277,979 166,787 _* Balance $1,101,942; supplies As Sheet investments At in $737,738; -. Aug;. 1912 31, marketable accounts and bills receivable $557,363; deferred 14,283 125,580 11,074 profit ——— . 10,805 456,652 debentures—- contingencies———* Consolidated and paid or occupied enemy —— for / 2,438 556,897 loan_^__* provided Assets—Cash, (less fat securities for doubtful reserves stock of spirits,'$2,376.957;*raw materials prepayments on purchase $11,723; contracts. charges to operations, $29,276; sundry investments, $11.50-1; portion of excess: profits tax;: $4,000;' real estate, buildings, machinery.'and' equipment (less-reserves'for depreciation of $2,803,376) refundable goodwill, $1,383,158; "»v > $1,105,616 5,287 accts. oil 5'r cost), $715,561 $2.52 $1,466,070 directors & exec, directors— inc. territory Net 256r348 ■" : $1.79 " ii46. p. $817,977 - stock- - 4,075 4,191 32.931 of bank on for Dividends 846,198 13,676 . 0,662 272 — on Prov. '189.550 ,428.628 ' marketable — fees & Provision ,1939 ; 175,360 . - 1,843 commodity insurance—— for deprec. of fixed assets- Taxes $1,113,028 ) "$1;42I;965 * $1,161,399 114,012 432,857 $438,965 & Fed. 20,215 449 ■ ■ income Interest $1,117,723- 12,930 25,372 ' * materials & risk Frov. record ;• " ' $596,348 25,050 expenses War on - ,'V '' 1940; / 1940 $1,067,869 * : sate of fixed assets, from Subs.) $1,427,560 . v 920,975 (& 1941 —*—13,018 profit Salaries $2,330';010' $1#093;U21 983,212 Ltd. ;I.; 1942 / , -securities; Legal (& Subs.)—Earnings— v«$2,072,330 Co., -V investments.^-*!—— officers thisp issue ... Alcohol I'V profit from sale of Total current declared • from supplies Net • May/1 Vand Aug/ 1,' 1942. 1, 25 cents, and Aug. 1, p. 1939. $53,011 • . to holders of 28 made, was follows: as been 1940: : 50,394 . Net profit from compared deducting has 1941 profit ; \ share per on $55,437 - Aug. 31— Income $0,091 820. p. cents 50,074 Industrial ■ Years Ended estimated was $198,319, to after is Dec. .30; 15 2037. p. Earnings— $244,450 , Sept. 30 151, Operating 1942, record with V 1942 - share—. per.com. > . ; , of compared last, share per $192,819 - * .... '1942 ' cents share .on cents^per - 10 holders to 26 6, !'• of '* cents* per of -10 dividend a Jan. Aug. on p. Net/income. >• Liabilities.—Trade trademarks, etc.; $1; total, $7,088,175. accounts payable, including estimated liability for ofcustomers; $170,223; accrued charges, $145,599; accrued liability. in respect of income tax on payments of interest, $11,727; provision for income and other taxes;.,$768,914; $2.20 in containers :"R*."V'1"-* "-.I'l-I' Chicago, IH^—Not to Turn Over Plant; nbtiflc'atiOn the take over this offices, and sample and warehouse nieans This the hands Dec," 3" that)the ! War Department New York division's,, warehouse in 'on company's salesrooms 'U''089 d7i chant-customers, not at 860 N.' Y. Broadway, including interrupted, to the Franklin Ben President Thomas and 14,000 Federated Freeman B. ' 2095. Stores,' stated.—V. 30, 134,828 387 $89,484 Ended Quarter "Net Sept. Zinc Co.—Earnings— 30— profit - . . . .1942 , . , $61,388 - Days Traffic , ' 1941 —V. July 31 and 30. 155, . exchange. $8,828; $1,683,541; totaf, .. Ended B, $1.50 Oct. 31, $1.75, been payable of and each last. Dec. were declared 26 Payments July 31, Oct. on and common record of these on during 31 the holders to made- issues 1941 Dec. on were as $1.50 26, 820. p. earnings 156, . share " has class Canadian Pacific 7 Butte Copper & for reserves - earned surplus, 1602. $1.25 ' per and April each.—V. will 156, A .Distributions follows: mer¬ ' ' 17. April more'than company's class p. Industries, Ltd.—$1.25 Dividend— dividend "of Dec. City," and City. Jersby 156, Canadian A stock, $312,901; $3,986,442; consolidated $387,500 162,801 be service contingencies, capital stock, $7,088,175.—V. ship merchandise from that for TeseTves " ; 1 23.593 tax, surtax and excess profits 30, 1942, have been made on Sept. V Campe Corp.—Earnings— of -.-v. Therefore, Butler Brothers will continue- to. operate -from its general ' 146.390 normal ended 1942 Revenue Act.—V. charges and ordinary Jan.' 26, Pay-. year-end a -V J r: dividend extra an taxes.—V. profit would 1}Ut 167,978 'expense——*" 5,066 f?r3.612* Cr2,223- —__—' Callite Tungsten Corp.—10 -Cent Dividend.— Jersey City, N. J., the company, on Dec, 8, received an official notice that this" directive order has been voluntarily '.withdrawn/'' ' -v $39,653,579 $238,784 debt 203,223 . 1738 $576,744 I—IIII HI* —I-1IIIII 842,500 155,747 expense__— construction—— —— The the-common cents; r and "Dec..: II, ' ■ 1014. p. of as Butler Brothers, p. — repairs 815,186 and Note—No provision has been made for Federal income or excess profits .tuxes for the 1942 period, the company, states, as it is believed the liability therefor, if any, will be insignificant.—V, 156, p. 1015/ was hp '{rf&Ml Ry.—-Earnings— Dec.. 7— 1941 1942 —; ;— — ; : $4,663,000 $5,432,000 2095, p. t$6,461 — 4 57,781 j:Earnings per common 562 'After and before provision for Fed. income taxes .Provision for normal tax and surtax.. Provision ' months charges 156, 1942. Subs.)—Earnings— income Profit Jan. - cents; 40 1,098,431 Following expenses _ Maintenance and of sold and profits Depreciation -Interest 1, income Net 1942—11 Mos-1941 1942 9,473, $2,052,016 — — nine After . to Government— *' Z)r50,807 $2,096,860 - 1942,- 12, . 6 Months Ended July 31— ot • reported- to" the Dec.: ; dividend A Earnings adjust $98 156~ 239,202 $2,042,543 ——— Callahan Zinc-Lead Co., Inc.—Earnings—■ * 32,459,000) kwh. - 30— income Total 429,174 $3,761,734 $5,349,021 $39,108,000 1738 ■ sales assets L and .Dec. Other $404,499 overprovision and to Profit : as ended last, compared with 25 cents each Dcprec. $833,673 $49,114 239,281 $2,147,666 accounts;' $45,831)/$874,516; 55,038 429,174 adjustment, of 100.503 $2,281,745 Quarter Ended Sept. 30— , 2.4^,",- of quarterly Sept. nine and common net November Bloomingdale Bros., Inc. (& Net Co. _ common per Operating . _ : . Stores, Inc.—November Sales— ££ 156,~pl { 10, • ;* Dec:' . declared 3 Mos. End. Sept. 30—" * 549,000 • $1,124,339 period— credit remained of and 1858. V*—>$221,322 21. 2, Other : 56,498 $90,459 amouilt re<4uired by the months week follows: as Oct. $1,437,711 . $695,165 "Includes Edison with 1858. Expenses Balance . were each; Ended current Gross 6,344 549.000 . 4,516 $175,680 — cents; p. the Int. $1, fir. 36-7 $1,729,837 45.759 deductions income as share has been cTecIared'On per Bulova Watch Co. 3,707 8,541 bonds *270.997 tax—; : 3,355 income ly follows;, Porcupine Mines—Earnings— common Nov. ' 309 698.716 376,994 $2,386,947 profits I debt 7,270 650,190 *303,503 taxes——— income— charged basis of the no par, both payable Jan. 15»to holdrsAof record amounts were disbursed in each of the four quarters year-end Nov. 600,000 $225,045 excess 236,797 502.500 7,215 taxes) income revenues funded on July ls were for 22. 763.822 - ——_ mortgage cents have ^Payments during 441,713 779,150 (net) income on. the increase ; revenues-.. income Gross . .*751.005 62,534 50,000 limited-term oper. •Other 51,383 67,867 50,000 —* investments' V---—- j 156, profit for the three months ended Sept.;30, iDeo. $10,005,953 480,878 Amort, Boston for 1941.—V. .156, $78,555 ,A ■the $785,178 *959 50 Dec. Buckeye Steel Castings Co.—75-Cent Dividend— i 544,476 * 1941 during Oet., -1, share per stock,, Like liabilities ' 1942—Month—1941- res. approp. April -on none $883,657 taxes record issue $84,297, equal to $0,031 per share. .with initial revenues retire, cents of this each; profit Net expenses Other the an 156, p. and Earnings common Operating- •Federal taxes of the, regular Months Net to •Operating Prop, 40 to. holders 2 Payments cents compared 1942 cents Broulan " the income 265,784 524,000 . investment— (net),i,*r*2— *'Provisions dividend- of a on Co.—Output Up 2.4%— as 40 direotors 1942 at on : prelim, costs of projects abandoned Miscellaneous deductions "YL—J " Birmingham Electric Co.—Earnings- ! 30 The •of : Dec. 1,267,164 of Net value, payable Jan. 2 to holders of record Dec.*21-. par during 1, share $23,630,464 $22,287,915 11,902,554 8,939,042 declared 1941 $5,471,749 1,248.871 interest Amort, r.' .>'/ Bralorne Mines, Ltd.—Extra Distribution— fI • Dividend— 594. p. 40 Institute of cents.—V. I $68,298,537 record 1942 $5,657,507 the 8,049,208 of ■' ■ _! Outstdg. common shares provision been holders 1, 13, *1941, dividend ments i \ 7,176,385 Benson & Hedges—$1 Common A S'ock, last. 10, kwh.v week stock, $ 73,833,542 2095, 13,705- 1949. p. income Interest act report"-states,. on A Net ; Other 1942—10 Mos.—1941 Act: of 156, reserve—^—.— Federal income Interest Boston Herald-Traveler Corp.—407Ceht I Dividerid.-^ ; representing p. any,, of .this % 9 156, made . the 799,042 Revenue $653,940 Amortization of debt discount impossible gain in output was 4.4%: ;as, compared withthe corresponding" w6ek .last" year, or 33,197,000 kwh., against 31,797,000 kwh.—V. 156, p. 2095. V " R " .. " "4 credit), post-war the declared payable-Jan. were output Electric Dec. ended ' be ~ $823,741 * Federal operating Gross Con¬ Profits ./ regular and 20 cents-special.—V. 33,249,000 $1,311,455 $11,727,910 $13,348,873 *763.656 a $1,169,700 $2,203,166 11 stock, July system Edison from of 13,750 4,927;423 $37,818 $76,632 tax.—V. limited-term operating- Other profits concurrently mortgage 152, p. 2232. $2,645,057 1,419,584 inc.-—.... additional lands will bonds Dec. on Dec. and the.common revs',*— ^Excludes issued if for provision it company/-the (other Net . War make 99,736 Rent for lease of electric plant Corp.—40-Cent Dividend— Boston Edison 1 Plant remainder $7,144,339 , income—— for employed The 15,055 taxes oper. be A ,.;Y. v. - the excess - - the the .effect, the of of 398,210 retirement than ♦ July rev.' oper, oper. Net Net - to $7,765,428 _ to and 1 cents ' supply of pulpwood. are of of procedures' estimate statements distributions Last 1942—Month—1941 expenses Operating , — used is timber benefit account CrlO,600 repairs— for of Net of Pennsylvania—Earnings— Period End. Oct. 31— 'Operating sale by the company from the sale of $658,910 and will be used, together with •working capital of the company.—V. Bell Telephone of 50 and merchandise. leases and its the on administration or 1858. common 1 April pro¬ : which reflect credits adjustment determine directors the, Oct. Burr, is received at debenture proceeds & it paperboard shipping these" bonds, to retire $225,000 series $714,000 series C mortgage bonds 5%. with 156, p. Similar subsidiary, Land company is to the price financial the The On company also owns water .rights River. A wholly owned the bonds 2,-5072, where 'which the Coffin and distribution material paper of packing the on & a part 4s located at Big Island, Va., Bedford Dec. manufacture, is This corrugated (No. Exchange Commission for $700,000 sinking fund bonds. The bonds will 1, 1949. principal underwriter, the public at 99%. in containers registration statement a and the paper board. inner filed 5% named time to as other Borg-Warner Securities 1942, to offer the posed in the mortgage Dec. Boston, Nine Dec. on with closed not post-war 33,343 Va.— Registers With SEC— Form and this at Upon & does for Act : Act —V. Bedford Revenue Uncertainties (2) trol 2033. p. the taxes. Banking. (EWT) p.m. in completed a Elizabethport 3 Notes—(IV The. report , corporation's 15,518 Sept. 30— and Provision for 1941" "After depreciation and provisions of $454,028 for •normal income taxes, $8,830,477 for- excess profits taxes) and $700,000 v reserve for war and-post-war adjustments. j-;-'. board 1,000 ■ Provision " Prevost 74,428 1,157 profits revenues Appropriation $1,148,690 $4.60 , 1,246,145 70,723 on . excess Maintenance tOutstanding, *$1,621,126 .... 2 : ) Bay way Terminal Corp.—To Purchase Bonds— C. taxes Amortization 30— share...j—; common 1,252,532 5,850 Operation (& Subs.)—Earnings— — Earnings per 112,447 '5,914. California Oregon Power Co.—Earnings— 1204. p. Bohn Aluminum & Brass Corp. 954. p. 31,694' shales" of" $100' "par shares of no 300,000 1{)4'1 — depreciation income "Outstanding, Steel Barium 52,087 $2,087,954 — Taxes Sept. profit *After eral the 42,606 $2,560,724 income Years Ended ———;'$16,355,070 $13,147,322 : Crucible with 3,625 $146,515 43,819 Manager, Quarter the of manager become General as for production has 4,151 ——1_: Operating Co. $2,035,867 & —— "Including 153,423 stock*——.: -— $2,518,119 deductions——L_ income 3,900,000 ,, ... Total Barium Stainless Steel Corp.—General Manager— $142,890 43,849 100,000 :> r taxes... — 619,894 $214,875 • 49,564 _■ year .* surplus disc. *"Prov. for Fed. one 720,778 101,980 Misc. wfthin 50,162 $219,025 debt 100,334' preferred stock fCommon Earned ' possible of 630,000 —1 payable 627,542 61,768 — Amort, 152,263 —... 1,907,760 631,393 (net)—- 132,866 ; 1,837,691 51,322 . income 913,007 — 215,653 147,823 for excess profits tax* $296,564 50.000 - 14.000 common share- and provision of $40,000 of 1942. for. Federal profits taxes, but before depletion. capital stock.—V. 156, p. 1949. excess shares in • fLoss. iOn Nil income 600,000 : $0.33 $57,046 - Canfield Oil A year-end common was 19,000 67,500 $179,064 per $90,046 charges $0.10 . in which . CaKfornia Ink Co., Inc.—Special Offering—A special offering of 1172 shares of common stock (no parr(th& first on the San Francisco Stock Exchange) * < $5,406,716 243,392 49,852 revenues- income Interest $400,000. ... — bonds Reserve , on expenses Long-term 1S51. 1948. p. oper. $872,239 Creditors Sundry $4,000,000 taxes $5,951,372 24,139 143,797 depreciation-- V'62,462 income....179,096 *— ___1 taxes Miscellaneous paid at Guaranty Trust Co., 140 Broadway, New by coupons already matured hereafter at said office,—V. bank.— (trade)......—— to payable compensation 1942—12 Mos.—1941 $416,437 25,487 taxes for (& Subs.)—Earnings—" $16,355,070 $13,147,322 — 2034, p. • Gross Accrued Corporation will be used for this the company will pledge $8,000,000 bonds ——— client at 26 Vfe a $495,779 expenses,...-. other than Fed. income i Co. 1942—Month—1941 revenues oper. Taxes, 112,175 19,063 — Other 58,860 99,587 , Power Maintenance 76,603 . 72,736 miscellaneous Operating 13,259 4,277,624 -99,050 ——; * Electric Period End. Oct. 31— 87,485 ,' , 4,278,517 i, , by J. Barth & Co. on behalf of quickly oversubscribed.—V. 156, California , Other represented interest paid 4,129,987 : Liabilities— Note As security for the loan, consolidated its will Van Reconstruction 2,301,702 161,535 (net) 14 was 1,501 . (net) transit., in insurance and Total . on Company will pay at maturity on Jan. 1, next, the $4,000,000 of first These include $3,091,000 of Bangor £: Aroostook first mortgage 5s, $703,000 of Piscataquis Division first 5s $206,000 receivable . mortgage bonds due at that time. from and * Accounts and notes Goodwill Bangor & Aroostook RR.—To Redeem Bonds— purpose. Dec. and $386,307 49,841 assets Taxes 1948. p. \ holders as 156, hand on Unexpired of and debtors Supplies to the trust holders thereto Sheet ,$3,200,101. assets Unamortized such to hand on securities accounts and , payment presently deposit Customers' refunding mortgage bonds, subscription as provided in company's 1950, pursuant directly under be nay Dec. of the record of Balance Monday/December 21, 1942 July 31, '42 Jan. 31, '42 demand on Marketable 1942. 18, dividend, be vulue par stock Dec. on "This will $13 series, outstanding record holders the conversion convertible the only shares stock 6%• not Consolidated Assets— Cash was issued in exchange stock. of $1 per share, the company stated: Will Comparative the on stock common par made were Jan. 2 and July 1, 1930, and plan of reorganization referred common new no each cents was made addition was Cu.—$1 Year-End Dividend— dividend stoek, payable to the payable Distributions of on $1.50 of $1 Dec, share per 15 the each. declared recently holders-of of on the like record This 11. Dec. amount, previously declared, date-to holders of record Dec. 5. same were made. last; compared With ,$1 on March. 31, (Continued was to dividend on on. June 30 and. Sept. 1942.. Compare-V. page-2216) v 156, : 10, 1739. p. . Stock and Bond Sales DAILY New York Stock Exchange WEEKLY - YEARLY - unless they are the only transactions of the day. No account is taken of such sales in computing the range for the year. delivery sales are disregarded in the day's range, NOTICE—Cash and deferred <(» York Stock Exchange United States Government Securities on the New Below we furnish a daily record of the transactions Stock Exchange during the current week. Dec. 13 U. S. Bond Prices Daily Record of (High Treasury Dec. 18 Dec. 17 Dec. 16 Dec. 15 Low 32d of a point. (See note below). Daily Record [ High sales in Total Total sales in $1,000 — (Close f High — 2>/2s, (Close in —* — — — —\ Low (Close 1963-1968— — sales in $1,000 Total — units High —100.17 Low 100.13 Close 2%s, 1967-72 Low 100.17 • — _ Close sales in Total (High —-j Low (Close 103.10 *3% 103.10 Total sales in 3 1 ^ 106.30 (High 106.30 2y4S, 1952-55 units High 2'/4S, 1954-56 (Close 104.20 Low 104.20 Close (High ———-•{ Low y } Low (Close — Total sales in $1,000 *5*4 $1,000 units Ves, 1949-52 $1,000 units——— Total sales in I I—J Low —— \ Low (Close - 106.30 (Close Ves, 1946-49 2'/4S, 1951-53— 103.10 103.10 (High 3 (High 103.10 103.10 units—— Total sales in $1,000 56 units Total sales in $1,000 $1,000 units— 3%s, 1944-46 I units— $1,00 ' High 3%s, 1943-45 sales Total — -j Low units — ( High — — 3%s, 1943-47 Total sales in $1,000 — —:—-J Low 2'/as, 1962-67— (Close Total sales in $1,000 units 102.27 -— (High ——i—\ Low 3%s, 1946-56 102.27 — units — [High 102.27 (Close — Dec. 18 — \ Low — Total sales in $1,000 units Dec. 17 — — 2%s, 1956-58 —\ Low (Close 1944-54 16 (High fHigh 48, — $1,000 units— — — Dec. — Low (Close — Dec. 15 Dec. 14 — 1 2'/as, 1952-54 — — sales in $1,000 units—— Total Dec. .12 U. S. Bond Prices of Treasury — Close 4%s, 1947-52 Corporation coupon bonds on the New York in Treasury, Home Owners' Loan and Federal Farm Mortgage Figures after decimal point represent one or more Dec. 14 2189 CHRONICLE THE COMMERCIAL & FINANCIAL Number 4135 156 Volume 104.20 —• .— Total sales in $1,000 units t5 — High High Low 1947 2s, Low Close Close Total sales in $1,000 units Total sales in $1,000 units (High (High .J Low 3s, 1951-55-— 2^ March Total sales in (High units — (High 1 Low (Close Close Total sales in (High (High —• ■v.'- ■ ■ Total sales in $1,000 sales in $1,000 units Total $1,000 units 2%s, 1945-47- 2s, June, 1949-51— • Low (Close units Total sales in $1,000 "High — (High -{ Low 1949-1951 Sept., 2s, Low (Close Close Total sales in $1,000 Total sales in $1,000 units 2% 8, 1951-54 units High (High Low — Low — (Close units 2%s, 1948-51 Low ■ 2s, Dec. 1948-50 Low • sales in $1,000 Total $1,000 units 2%s, 1955-60- 1948-50—— Close (Close . 2s, 1949-1951 Dec., —• ■ Close Total sales in Total sales in $1,000 units (High \ 2%«, 1956-59 Low $1,000 units (Close (Close Total sales in $1,000 units Total sales in $1,000 units———... (High Hign 33/4S, 1958-63—— Low • — Close Close : Total sales in $1,000 High Low (High Low —_—\ 1953-55 2s, - units (Close Close '■f Total sales in $1,000 units—.—.L Federal High 9%s, 1951-55— 2s, Low -■ — (High { Low 1950-52 2s, Low (Close Low 1945 Farm Mortgage "V.fHigh 1 ———Low 3'/4S, 1944-64 Close. ■ Close Total sales in $1,000 1948— 3s, Low -1 — ... High High IVfcl, units— 1944-49 Low ■ Close Close Total sales in $1,000 sales in $1,000 units--—— Total Home Owners' Loan (High IVfcf, 1949-53 I Close Total Low (Close $1,000 units—— Total sales in sales in $1,000 units. (High 1944-52 3s, series A, Low ■ units V) ■ (High 2He, 1950-52 Total There l'/as, 1945-47— —j Low (Close ) transaction no in Low (Close Total sales in $1,000 units sales in $1,000 units— were (High -— JSale of registered bonds. *Odd lot sales. registered bonds. NEW YORK STOCK RECORD Monday Dec. 12 Dec. 11 Wednesday Tuesday Dec. 15 for NEW ■ $ per 49 % *4814 *110 I per share share 49 112 *33 34% 41 49% 112 34 % *34% 40% 7% 41 7% 36 49 7% 7% 7% 41% 25 24% 247/8 100 15% 15% 16 15% 15% 15% 15% 15% 15'% 2,500 38% 38% 38 38% 38'% 38% 38% 39% 39% 40% 40 40% 11,700 *61 65 3 *61 3% 65 3 90 ♦84 % • 2% 89 % ,% .% 4% 4% 4% 4% *4% 4% 4% 4% 12% 12% 17% 17% 12% , 64 *56 64 6 6 6 6 139% 138% 139% *10% 11 *15% 15% 4% 4% 5 4% 4% 4% 4% 5 12% 12% 12% 12% 13 18'% 17% 18% 18% 18% 64 6% 138% 138% 10% 10% 10% *10% 15% 15% 15% 15% 5% 75 75% 75% *73% 25% 25 25% 25% 17%. *17 % 12 *68'4 68% 17% % 17% % *10'% 68 68'% 67% 47% For 77 67% 23 23 23 47% 48% 48'% 50 page 2199. 26 17% 6% 6 143 'A 2,700 10% 200 15% *15% 15% 1,100 6 % 10,900 75% 26% 17% 17% 26% 17% j -J. lli *% *10% 12 *11 68% 69 68% 69 69 50% 27% 17% % % 12 1,700 78 *74 *10% x23 , 14,900 70 % 23 23% 23% 23% 23% 50% 50% 53 % 52% 54 Jan 12 34 Dec 54% Sep Sep 9 48% Jan 13 43 y2 Dec 51% Jan 5% Apr 24 8'/a Nov 9 5ya Apr 8% Dec Dec 9 17% Dec 16% Dec 4 9'/a Dec Nov 45 July Sep 75 Aug 18% Jun 10 8 Mar 27 29% Apr 28 6 No .. Allied Kid Co 5 % No Corp^. Amerada Am Petro No Mfg Agric Chem American (Del) Airlines tnc 34% 22 73 4 Nov 23 94% Feb 10 l'/a 85 Dec Dec 15% 5 Jan Jan 99'/a Aug Dec % Jan 5 6 3% Dec 10% Jan 6'/4 Nov 7 3'A Dec 9% Aug Jan 27 11% Dec 21% Apr Jan par -.5 par , No 17 May 25 22% Jan 2 17% Dec 25% 57% Nov 28 73% Feb 27 7 Dec 2 ~4% Dec U% 149 10 3% Apr 9 118% Apr 28 10 May 25 11% Apr 24 4 Apr 28 64 Corp 17 Oct '/a Oct July par 22 Apr 29 par. 14% Apr preferred Allis-Chalmers 40'/a Dec 69 24 V* Aug 6% Nov Allied Mills Co Inc.. Stores X 2 100 . Sep fa Jan 1 Dye 25 8 16 3% Apr ...No par Inc & Dec par preferred-No par Allied 50 110% Oct Vs 23 Allen Industries Allied 1% Mar 24 3% Apr Alghny Lud Stl Corp Alleg & West Ry 6% gtd Chemical Jan 9% Jun Amalgam Leather Co Inc 6% conv preferred 8,200 55% 43 100 Alpha Portland Cem ■1.500 Feb May 14 17 18 5Va% 900. 3,500 par 48 Mar 24 100 No Allegheny Corp 900 12 10 May 14 31 69% July 15 6,700 141% 26% Highest t per share 37 Albany & Susq RR Co 18% *10% 6 f per share share 104 61 $2.50 prior conv 10% 6% —No Inc.— 1,800 141% 6% Reduction 1,900 64 share Ala & Vicksburg Ry Co- ——100 10 Alaska Juneau Gold Min. 4% 800 6 par — pf A with $30 war 5% % pf A without war 6 % 75% % 4,000 % 76 17% 18% *58 64 26% % 12 23 see *73 17% 47% footnotes 6 26% % *10'% 12 6 23% *23 6% 140" 15% 25 % 6% 140% *10% 75 17% 6% 139 *58 64 6'% 6 *10% *60 - ' 5 par „No Corp ■13 y» 4% 13 17% *6% 11 15% 4% 10,600 10 32 32 12% 15% *10% 6 6 % 4% *4'% > 10 9 % 392 Air 10,800 90 No Address-Mutigr Corp ' • 3% 3 *81 4% *58 138% 3 88 *81 64 *61 64 2% 3 87 % 17% ♦56 2% 87 4% • 12% 17% 3 Ve 88% *61 64 *61 65 *61 3% *84 * __No par Express Adams-Mills *23% 15% *84 Abbott Laboratories— __No par 100 4% preferred Adams 7,300 *23% 25 -.I'./.V,'. Abraham & Straus. 40 16 ♦24 ; .. 1.000 42% 25 25 . t per 39. ' 16 *23% ■ ; 1,500 8 8 8 25 50 36 *33 41 Shares 112 *110 36 40% *23% 7% 49% 50 *33'/b 40% t per share share 110% *110 36 40% t per 49% 49 112 *33 41 7% f per share *110 49 % 112 *110 34 *40% 7% 7% 49% *110 *40% 1 per share t per Lowest Highest Lowest Par Year 1941 Basis of On STOCK YORK EXCHANGE the Week Dec. 18 Dec. 17 Dec. 16 Sales Friday Thursday Range for Previous Range Since January 1 STOCKS Saturday 3 Jan 6 135% Dec 12% Jan 26 10% Feb 16% Nov 18 11% Dec 6% Nov 12 81 Jan 13 3 19% Nov 12 H Aus 19 1 30'/a Jan 1% Jan 18% Jan 27 ...No ..No 11 par 43 70'/a Oct 22 par 18% Jun. 30 24 Nov 4 25% Apr 54 Dec 18 10 Mar 27 17 Aug 14% Apr Sep Dec 9 87 24% 26 9 Dec 17 50 13 71% May 5 Dec 14% Mar % Dec Jan 167% July Oct 37 Jan 21% Aug 1% Aug Apr 20 41% Feb 63 % July 14% Feb Feb 227/a Dec 58% Jan 10 40 Sep THE 2190 COMMERCIAL & FINANCIAL CHRONICLE NEW YORK STOCK LOW Dec, J.'i I per t hart *8%' ' I per 47% 4% 4s/a t thare STOCKS Wednesday 15 Dec. I share 8'% *47 48% *47 per 8% 8 % 8% 4734 Dec. I t Dec. RECORD SALE PRICES Tuesday Monday Saturday HIGH AND 8% 8% 48% Thursday Hi Dec. thare per per for NEW the Week Dec. 18 share 8% 47% Sales Friday 17 1 share 29 Va 128 3 * 23 1 3 8% 8% 3,000 47% 47% 100 8% 47 47 6(5 30% 128 3 2% 72 30 *17 175 % American 6% 3% 3% 74% 90 25% 25% 25% 26 28% 25% 26%' 66% 67 66 66 66 66 % 66% 67 67'/4 67% 17% 20 6 *14 6 15 *98% 99% 15% 15% % *6% 7% 22% i'A * 1 % 41% *3 6 V-, 32%, 5 4 5% 43% 42% 5% 5% 5% 37% 38 32% 32 % 2 % 38 % 32% 1% *34% 35'% 4% 4»A 4 *4% 5 *38 5 39 *38 '/a 6 7% 12% 19% *117 12 % 14%' 6 *152 9% 54% 38 7% 12 6% " 26 12% 14% 26 u 16% 1.3% 6 158 • : 9,500 6% 40.500 10% 10% 16.300 x53% 53% 53% 53 % 53% 53'a 54% 53% 54% 2,810 4'%% 8% 3;% 1.300 American 13% 26 25% 25% 9 8% 9 9 8% 13% 14 14 14% 14 «/u 14.'A. 25 % 26 25'% 25% 26 27 18 3 8 18% 18 % 18% 19 19 "a 19% 19% 19% 11% 11% 12 11% 12 11% 11% 11% 11% 11% 11% 11% 11% 11% 11% 11% 11% 11% 11% 11% 12 11% 11% 19% 20% 87 88 19% 19% 20 22% 129% 40% 41% *134 89 22% xl26% 126% 126% 40% 40% 41% 41% 774 7% 31 31% 116 *115% 3 55 3% *41' 3 51 3% 126'/a 127 41% 41'% 52 ;4 31% 271% 27% 16 15% 115% 3% 4 52% 1% 33 1% *111 3% 24% 24% 27'% 27 % 27% 15 % 15%. 15% *111 10% , 112 *10 2% 43% 45% 3 *107 45% 43% 31% 32% 31% 7% 7% 7% *7% 4% 4% 99 4% *85 5% ■ 5% *70 74 *54% 55% *27 29 *28 *99 99% *99 99 *3% 5% 55 *52 30 7'A 7% 4,300 4 ; 5% 55% *53 % *28 99 % *99 44% 44% 44 44% 66% 66 66'A 66% 25% 25% 25%. 25% 25%- 55 54 Va ■1 54% 112 7.800 "Til ) ,112 *106% *1% 1% 1% 108 33% 44% 45% *36 32% 32 7% 5% *1131% *7% 54% "L 28 99% 40 % 47% 40% 300 80 66% 67 66% 6 7'% 67% 67 % 20% 26% 27 27 27% 7,400 *19 20% 20 20% *19% 21 *43 44 27.100 300 43 42% 43 19 18% 19% 18% 19% *106 Va 107 *106% 107 *106% *106% 107'4 106% 107'4 *56% *113% *2% 6% 6'% *49 107% 6% 56% 6% 6% 49% 50 49% *49 % 57 56% 115 56% 7% 7% *7% 7%/ 2% 2% 3% *2% 3% *25% 28 2% 3 56% *113% 115 7% 2% 3 3 28 2% Dec 15% 59% Oct 17 50 Dec 73%. Jan 9% Nov 30 12 May 25 Apr 29 11 3% Dec 4% Dec 7 16 6 Dec 10% 29 Dec 40% July 45% July 43 Jap 14 148 Nov 27 36 % Oct 26 Mar 14 144 33% 138 Dec Mar 29% 139 155 Dec 54 Dec 150% Dec 28'% 2 15% 12 Feb 4 8'% Dec 11% July Oct 21 6% Dec 13 Va 21%. Nov Cork 7% Nov 21 17 6 Dec 14 116% Jan 2 32 Jail 73% 'Jun 74% Jan Dec 159 Jan 3% Dec 7 Jun 23 % Dec 29% Aug Sep 116% Aug X143 112 Nov 13 2% Dec 70'%Feb 3 64% Dec 99'A Jan 5% Jan 6 3 % Dec 8% Aug 76% Jan 14 Feb 81% 15 4 51 2% 7Jail . Dec Sep J a 11 14 Jan 13 22% May 20 28% Jan 14 1 30 Jan 5 24 Deo 35Va July 12% Mar 11 17 Jan 3 11% Apr 17'A 112% Mar 19 110% Jun .115'% Oct 7 Dec 12Va Jan Dec 2% Jan 107 May 26 7% May 20 1 —5 Mar 11 27% Apr par 102 27 /8 12% Oct 21 22% % 1% July 28 35 Jan 15 111% Mar 12 8 46Vis May 20 ,* 30 July Sep Feb 33% 108'% Mar 112'A Sep 5Va Jan .70 % Sep Sep 2> 10 4'% Jan 14 2 "4 Dec Sep 11 67% Feb 4 47% Jan v-40% Oct 21 66 42 Jan 56% July Feb 2% Sep ..5 . Sep Jan 21 60 • Jan 72 2 32% Dec 17 20'/a Dec 34%.. Jan 5% Mar 20 8% Nov 14 6% Dec 4% Oct 17 21 par Co'rp__4./4—.5 Jan 2% Apr par 79 —.100 28 May-28 82 July 3 28 6% Jan 5 61% Mar 24 77% Jan 8 63 Jan 28 41/4 Apr .1 53 Co-.—.—No par —__109 , Jun 20 Jan 9 81% Jan preferred;./.;/—.——100 Santa Fe_i.4_.4_ 100 Dec Sep Aug 168% Dec 43% Sep 98 19% 24% Aug par Goods——— 43% 22 V# ■ Aug 14 5 preferred-.jL4.i4-v--100 Tdpeka 27 50 .No preferred... 14 23 Corp..'..No 2d 5% 27 1% Apr pf 7% gtd—100 'preferred—— Dry 27 50% Jan 143% Jan 11% May 115% Dec Jan Jan 3% Apr 18 51% Dec 11 —..20 Co.. Constable 49% Jan 6 24 29 No Sep Jan Jan 12 3 3% Apr ... Oct 2 ' 20 39 ..50 : Jan Jan 14 Apr Apr Jan 3 9% Jan 22 , 14 % Dec 38% Jun — Atch 39 35% Jail 1 prior preferred——No par preferred —'—1.00 57#- 6 2.1 27% Jan 2 Sep 5% 78 Sep Dec 3 87% 9% 6% Jan Dec 91 '/a Oct Dec 10% Geo Dec 88 Sep 17 76 Nov 21 20 Dec 35Va Jan 100% Dec 2 82 Aug 96% Mar Oct 3 18 Jan 31 % July 70% May 53 Dec 102% Aug Atl 6% 6% 49% 50 200 % preferred./_——_ Corp...4 56% 56 Va '113% 116 56% 1,300 116 Atlas- 7 53% DPC 34 >% Oct 9 13% Feb 16% Jim 24 Jan 5 13% Feb 45 Va Oct _..___100 —4.111100 _ conv 45% Jan 3 16% Jan 56 Nov 23% J an 28 19 % Jun 28% Dec 99% July 20 109'% Feb 20 May 111% Sep 14% Apr 6'/4 Sep 21 50 46% Apr 25 107 Jan 5 6% Feb 7'/a July 50% Feb 16 47 Va Feb 51V# Nov 7, 5 61 May Jan 17 111 Apr 9'% Jan 26 6 Feb 3% Dec 2 par 43 May 23 70 Jan 111 May 25 116 .No 28'/# July 30 Mar 16 33 .5 .1.—_ 14 .4 34 preferred/.—...4—100 Powder 5% 30 72%. Oct 2 ...4— pre f er red.4 • 25 19% Jun 4.'——25 conv-pref series A - 6 650 60% Jun 1 Line,:RR.._, I SS Lines... W & 4% Atlas ■ Coast Atlantic* Refiaiwg_4_.i 3,400 6% 49 G 5% 400 11,400 —100 ..100 -preferred:4.; Atlantic 1 7% 27% 9 108 Va May par ...No Midl'd.. (Del) Assoc* Investment ; 13 3% Apr conv y.-Vfr ' 57% & Associated .2,400 25 % 18% 7% Daniels 6 % " 1st 200 Jan ...25 Co, of Illinois > 47% *41% 26% 2% Co I : 12 120 par ..... — Cable.. Armour ' 99% .28 & Armour & W Artloom *50 Aug 15 ..—.100 ..... Mining—4 Paper Co Inc.— 400 54% No No Archer .4 Jan 105 "a 7% Jan ...No par — Copper •! 9 9'/a Elec— 600 9,000 7% Feb 16% Jun ' 4 28% & Wks A 'i Dec 155 136% Jun ....14 Woolen.. 99 : 9 3 29 ,...100 _ Zinc Lead & Smelt 7% 5% 17% Jan Nov 35% May 14 132% May 14 . 72»/# Jan 121 Oct ' - 30 3 *29 2% 30'% 3 7% , 7% *7% 7% *2% 3'4 *3 3 % 31 30'/a 3 3 % 30% 3 500 500 : Atl'aS' Tack Austin 1 $5 Corp.—... —No par Nichols— 30% 240 3 Va 20,900 par Aviation Baldwin Loco No prior A—14~—4—iNo par Corp, of Del - (The) 3 - 7 Apr 30 1% May 9'A July 1% Apr 17 15% Apr 28 2% Jun 2 4% Jan Jun 2.9 14% Jan 3 2% Jun 3 4'/g Jan 28 2 % Dec 5% July 27 3% Dec 8% July Apr 23 15 7% Jan 6% Jan 26 3% Jan 2 31% Sep 23' 18% Mar 25 12% Dec 18 25 6% NOV 12 5 % Dec Aug 20 33% Dec 8 27% Dec 12% Dec 31 Dec 17 *v S 13 May 2% Apr 3% Oct 25 Va Oct 5% Jan B • 12% 12% 12% 12% 12% 12% 11% 12% xll% 11% 11% 11% 16,400 7,900 3 • 3 3 3% 3 3% 51% 3 5% 3% 3% 3% 5% 3% 3% 5% 5% 5% 5% 5% 5% 5% 5% 5% 4% 4% 4% 28% 29% 29% 30 *29% 12 12 12 12 12% 51% 5% 4% 12% *5% 5% *5% 33% *33 33 3% *32% 121/8 12 % 11% 4% -4,600 4% 4% 4% 4% 4% 4% 30 29% 29*% 29% 29% 29 % 29% 12% 12% 12% 12% 12% 12%' 12% 3,000 5% 33 12 % 5% *32% 11 % 5 1,100 • 520 Va 5 % 5% *5% 5% 500 33% *32% 33% *32% 33% 50 12% 12'4 12 Va 12% 13% 13 13 12% 7,900 12% 13 % 13 20% 131/8 *20 13% 20 20 13% 13% 13% 13% 20 11,500 20 *20 20% 20'4 20% 20% 22 24% 24 % *23% 24 24 24% 24% 24% 110 %00 110 *102% 106 Va *25 27% 24 24 *103 110 *23% *103 25 110 >103 *26% 28% *26% 28% 94% 94% *93 98 *8% *25 11 4% 8% 30 8% *25 11% 11% 32«% 32% 32% 14% 94% 8% 29 % 22% 53? s 109 32% 14% X14% 14% *52 53 22% 53% 109 For footnotes 22% 8% *25 11% 54 *52 *27 94% 8% 30 *8% *24 94% 94% 9 9 9 30 *25 30 *25 8% preferred 32% 33 32% 32% 32% 33% 33% 34 Va 9,900 Bendix Beneficial 22% 54% 108% 14% 22% 54% 109 14% *53 23 54% 109 14% 14% 14% 14% 14% 2,400 53% 53 53 53 5 3'4 300 Pr 23'4 23% 23 23 Va 2,200 Best 54% 56% 55% 56% 24,900 109'4 1,800 23 54% 109 109 109% 109 : Aircraft 18 7% Feb 18% Jan 6 13% Dec 15% Apr 30 20 Apr 15 X23% Nov 27 26 Oct 9 105 Oct 9 30 25 No par w_.„ 7 % 23% Jun 1 .■ Loan/ ——5 -—No par par Co— Steel ___—.No par 1 .No par (Del) — Apr 8 24 17% Dec 20 Dec 102% Feb 24 28 110% Jan 10 108 Va Dec —100 Jan Sep July Sep 9% July 35 Sep 10 Va July 24% Mar 31% Mar 27% July 106 Oct Feb Jun 9 Oct 16 6% Dec 13 No par Corp preferred Mar 20 64 pfd $2.50 div-series '38.No St - 50 Aviation— Bethlehem 103 20 RR— Indus 34 12% 3 par 12% Dec 2 No Belgian Nat RyS part pref Bell Dec 19 Apr 7 8% Jan Belding-Hemingway.. -5,600 Apr Dec 12 % Jun 500 8% 12% 4Va Jun 4 22 6% 4% 24% 10% —5 1 Beech-Nut Packing Co% 30 9V4 Corp-——1 600 12% 53 w .50 .... Co Works 10 Cigars Inc.. Beatrice Creamery.—— 12'4 14% Oil 100 z Bayuk Beech'Creek 94% *25 Bath- Iron 50 ' : '—No par preferred., Barnsdall $5 27 % *90 5% -100 .100 j Aroostook/. Barker Brothers—• 11% 54% 29% 94% 81 C—_ul3 ,.— 5% preferred— Barber Asphalt Corp./ 11% 108% 2199. *28% 94 % Works v t Ohio Cony 11% 53% page 28% Bangor 11% 108% see "100 700 & 4%' preferred 11% *52 23 110 2,300 Baltimore ' 3%. Jan 46%' Jan Jan 6% Feb 10 Corp.. preferred 4 19 115 Viscose Aug Dec Dec 22 24 25 prior conv preferred 7 % 26 Va % 165 25 28 4% Mar 11 100 preferred Arnold 99 '/a B Sep 20% 34% Apr class Jan % 22 52% Apr Tobacco./—..25 900 75 23% Jan 5 par preferred 600 5% 3 }•; Jan 26'% Jan 6 1 *70 26% Jan Mar 14 134% Jan 7% 75 Apr 111 29 *85 4V« 99 121 2 1011% Apr 33 % Apr Armstrong 7% Mar Feb 119 Feb 200 32%. Dec 13% Jan 4,700 , 23 9% May 25 Corp. —12.50 $5 div preferred/—/———No par 45% >' 20 3% Apr 142% Jun par Type Foundries Inc. Amer S6 0 Apr 13 Preferred 3,100 Feb 81 Andes 45% Dec 2'% 15 % , 13 _/% 44%. 8 Va 4 4 14 300 66% 42% 6% 18 7% Nov 14 i .: 18% 49% 12% Dec 23% Mar Aug W 25% *41% 58 i/'a 30 May 15 - 23 Copper Mining.— 18,000 19 *55% Jun 29 par No Anaconda 3'4 42% 6% Jan 95% 21% Jail \ 108 18% *48% 17 Va Dec VH Apr 23 12% Apr 15 Anchor Hock Glass 33% 108 42% 6% Dec 77% % ——.100 — . Tobacco.. Anaconda 46%, 21 49% Jan 7V4 6 15 ..100 850 2% 3 18% 107% 50 6 Nov Apr ..—25 800 45% *19 *6% 20 10'% Jan 91 97% Jan 1st P Dec 40'% Nov 5 21% May 21 —.100 :• 1% 38 Oct Jan 13% 9% Apr ..No par ! 11% Dec Telep & Teleg Co.—..100 $6 $5 6% 2 Water Am 21 Sep 9 113% Feb par No Jan 7 , 4%. Jan 6 . 100 Co... Dec Jun —25 .4.. 2% 35% Mar 6 % Jun par : 9 Aug 51%. Aug. 65 par San'y.—No 16 33% - 20% *48% ; May 29 5% Nov Mar 26 American 100 23,400 . *10% 43 18% ; . 11% 54% ■ 2 35% Dec 17'% Jan 5% 1,300 15'% *23 100 30% 6 78% Mar 2,7 American 400 4,200 27 5% 30 . I 25% *70 2 V# Feb Mar 2% Apr 14 4% Oct 26 par Amer 300 4Vn 15% , Dec par .No ■ Sumatia t6% 22,700 55 26% *4 75 30 i 25% *85' 1 20 5 1% Jan 25 Safety Razor —18.50 Seating Co..No par Common 14,000 3% 54'% 7% 4 5% 3% : 32% 99 *70 . 25% 16%. *36 ' 8 *85 75 44% *41 430 .27% 33% 32% 99 % 100 *19 45'% *7% 5 %" *70 66%, 20% *36 32% Dec par preferred conv American 12,700 4% 44% May —_/—_———100 preferred Amer 4,800 43% 42 '4 2% 44%- 4 *28 v* 43% 99 5% 75 55 V 8 *85 *70 m 32% 44% *19 43 132 'A 4% 1M 2% 27 -42% .50 Co. Preferred Am 12.800 126% 4 4%. 32 108 2% 45 % 31i% *7% *4 32 108 3 43% *36 31% • 32 . 16 18 —1 Np Jan 4 %, Jan 36 '4 Oct par 111 Rolling Mill Dee 52% Dec Light—— No par //— 2 13 .100 Stand 29 10 24 ^_100 & 17 32'% Sep par No of Oct 3% Jan 35 May 26 X3G% Apr Sugar Refining—100 *10% 1% Co 9 1 American 900 100 42% - 2 % 7 Va Nov 25 50 ; 2,700 44 *1.11 11% *1% 108 % 2% 43% *36 1% 31 % 107% 43 *1% ; 6% 100 131% 3% *15% Jan < 24% . 38% Stove 27% , Feb American • -32 ..*41% 22 10 .1 American Snuff.——; 6,100 « 116 3% 43% Sep 25% Jun Co_„ Amer Steel Foundries.—'—.No par American Stores—.— ...No par 31% 54 3% 24% 1,400 115% 4 *41 Va Apr 2,200 32; 52% 52% 52'/« 112 *10 32 107% 2% 5% 125% 7'% 55 11% 19% 43; 3% 24% 27% *15% 1% 32 107% 2% *85 i 22 42% 3% 8 87 19% 43% 55 4 3% 15% 10 3% 54 3% 38% Oct Leather Corp. fPreferred i.iod 148 42'',-2 . 600 550 117 43 Va *41 112 3% 54 55 27% 10 * 107% *36 ■ *144 86 132'% 31% *116' * *43% ■ • 7 Va 31% 115% 24% *111 7'A 31% 3% 43 %> 15% 10 7 Va 52% 3% *41 7% 132 :: American 12,200 33% *21%. 126% 42% 133'% 115%, 3% . 27% 32% - 22 41% 42% 133% ,3% 24% *1% 19% 88 126 41% 42 42% . 1.9% *21% 38 'A 146 33'% 144 88 126% 37'% 144 'A . 33'% 144 22% 134% *51 24% 112 *21% 31% 24% 10 150 % *115% 3% 3v» 43% 32 55 3% 52 *111 22% 7% 3% *50% 3% 134 115% 24% . 89 38% 145 33% ' 30% *51% 41% 134% *115% 3% 40% 42 134% 7% *52 41 18% 20 22% 135 3 20 *88% *21% 130 7% 18'% 20 89 SO *21% *144 150% 36'% 144 33% 2 Smelting & Refgl—No 11% *144 150 % 36% 143 33% 16 Vi Jan Amer 18 Va *143 36% 143 Jan Ship Building Co, 150% 33'% Sep 3% Amer *142% 36 % 144 % 28% Dec American 36 36% Feb 1 % 3,200 145 *33% 14% 9 * 36 % 142% 18 5% Oct 14% 34% 36% 44% Dec 2 27 144% 33 % 2 l%Jan 26% 34 'A 145 par 1.4% ' 144 '.4 33% 1 % preferred——_ 100 News Rad & lO'Va 8'% 6'/a Dec preferred—. P refer red 9% 26 *89 $5 9% 8% Jan preferred. 9% 8% 3% preferred—/. No preferred—_,No Am 10 Sep ~~V< 6% 16 r)a Aug 17 90 158 19% 95% 17 117 Va G'/a Feb Jan Dec 116 Va 16 Va 9% 78 1% Sep 4 9% 13 3 % May 27 16 9% 8% Aug 3 27 , par 9% 12% Jau par. 54 % 8% 1% _No 9% 12% Dec <-No *152, 8%. Jan Dec Va /No - 158 Jau Nov 7 Fdy Co,„ $6 Jan xl7 r Nov Metals.,/: . 4% Jan 121 2 —No — Locomotive./ Power % Ma 23% IIS* 4 9 Products Invest American Dec 9"% Aug & Amer 90 Va 9 • Dec Apr - Feb <fe 810 107 4% Mach } 18 16% 2 4 Mach 8,600 3 Mar -4 Jan 18% Jan Preferred 14,700 20% Jan Jan 34% July 79%. July 27 Metals. Co Ltd— % Apr Feb 11 Amer 19 Va 23 56 22% Jan Amer 26 2 13 I6V4 Nov Amer ' Jan 73% Jan Aug 99% Dec 3,500 ' Dec 7 i,800 18% 157% 135 4 May % Jan par preferred. cony 5 3 95'/*. Jan Dec .7% Mar 11 10,000 7 26 6'A *152 12% 33 Mar 55 % 3 16V4Jun —No Icei——^..No American 1 10 18 Oct Jam 130% Oct Apr 14% Dec 20% • 167(t 6 Vc 158 Va 19 16 'A 6 Va *152 * % i <-, 18'% 5,000 0% . 26 <1 i« 18% 6 Va *152 " 25% 26 12% 17,400 3 % Nov 74% Dec 176 ■ 92 / 19% 6% 20 117 — <fc Iuternat 5 60 8% 83% Xl22% Dec Jun* No par Home American 10 39 Aug No par Power preferred A conv Amer 130% Feb 3% May 25 Export Line$..Inc„„.1 6 % non-cum 400 i 33 8 83'A ■ 12% 6 19% *116%. % 37% 8 Va 8* " 12% . 17% 15% 6 ' 158 7, 6 117 '%' 17'% 7% 81 %• 19% 117 117'% 39 *37 7% 81 5% 17 15'A 6 155 9% 38 *19% i/„ 17'% 14% i *4% par- Tiling—,—1 American 5 *4-% 5 Encaustic 2,400 7.300 Dec 7 American 5 26% 6% Oct 8,000 ,. 15 13 Hide 8 '/'a Jan 33 Oct Hawaiian SS 35% 8'% Jan American 4% 47 Va Dec 15 American O 1% Dec 3% 17 preferred 61» 41% 100% Dec 2,800 5 2'A 20 24 Mar 16 2,600 2%: Nov 6 % Oct 49 69' No eh are '9% 110 / per Apr May 27 preferred— $6 35 51% . 700 o 35% 5% 1*0 16% $7 2d 4 Tb 81 12% 25% 26 26 P1' 16% $7 . *32 % . 2 4,200 35% 19% *ii'7 35 2 5 ,. Highest S share per 5 Va May 26 For Li & $ 26 9 % Oct 16 European ,Sec3'_—;/_/—No par 8,600 34 2% 52 Amer Amer share 105 Sugar/..-.—.10 preferred—100 American 4% 5% 117'A . 100 4,000 4,600 35% *19% 6 19% I 43a *4% 81% *5% 1% 33% 2%. *51 . Year 1941 Lowest par Crystal 1st per 13 Mar 12 20 May 20 55% May 21 par Inc_-_2_J\'o Chicle American 35%: 7% *80'% 3,500 38% -No Distilling ..Co.—/——20 5% 38 33% . *32% 51%- 1% 6% 4%, 38 Va 7% 81% 12 12% 2% 39 159 100 _ Fdy_ Cable American 44 % 5% 29 1 „—-.25 800 35 %. %; 7% 19% 51TA i.% 35 % 2 32% 2% 35 44 5% 1% Apr 56% Apr Corp Coal Co, of Allegiv Co N J—25 American Colortype Co.— 10 Ame- 1% 20 Am >40 29 1% Apr American 7 »/4 *6% 120 200 I Tii *24% 43% 5% 32% *32% < 43 *38 2% Range for Previous Lota preferred.:/—i—__ ./.100 conv S: 500 - __100 .100 Chain 5% 1,700 99% 15 Via 1% 2 5 38 32% 2 % 81% 54 % 36 *37% >• 1% 43% 5% *4% 26 14%' 42% 15 98 % *15 7% 24 1% 5 % 4% 7% *6% 24% 1%' Am 100 ' 7% *6% 24 1% *34% * % 4 2','a *1% % 5 % 155 7% 23 52 117 16% 1% *51 39 26 7% 22% 1% 51% 81 117 1% 51 '/a 7% 12 '/a 1% 1 6 Va 14% 1% i% 1 Va . *32% *4% *5%' . 35 2 15 14% 99 *32% 34% 15 15% 2% 4% ! * 6% *98'% 35 % 1% 7 6% 28 Preferred * *14 *15% 2% , 20 20 99% *32% 52% 19% 1% 5% } 15% 7% 37 *51 81 xl5 105 *98'% 22% 42 36 6% *100% *15% 2 % 2% *38 15% 32% *33% 34% 6% 100% *14 107 99% 1 %• 37 20 17% *105 14 3% Mar 11 Apr - $ 2 23 —_ Car. & share .Jo jxir Fdy Radio & per 5% Jan 1 __ Can—— American 10,000 107' 100% 15% 6% Va *14 17% 17% *105 107 *98% 22% 41% 5 % *97% 6% 15 Va 17% *105%. 107 *15 100 1% 17'% 8 20 *6 15 15 17 3 105% 99 *14 15% *98% 1% 99 6 15 22% 105% 20 6 *14% 17% 17% 107 110 Cable tPreferred 2,600 17% 105 *97% HM)-Share Highest 38% Apr a——50- Corp.. preferred conv S 10 : Bosch American 1.100 * Note Brake Shoe <fe Amer 6,400 174% 25% 17% Basis of Lowest preferred 5 Va% 16,600 74% 26 107 14 Am 180 174% 74% 175 Bank American 4,000 25% 100 On - Par 500 127 Va *127 3% 72 174 5 23% 127'% 2% 71 *4% 31 % 127 xl74 176 5 25 *97 1 3 *4% 30% 29% *127 71% *175% 176 4% 67 s *105 * 29% 2% 71 72% *174% 4% 130 *127 3 % 72 72% 176 X28% 29% 130 128 3% 72% 41174% ♦ 29 % 29% 128 4% Range Since January 1 STOCK Shares per ' 4% 4% *4% YORK EXCHANGE . ' t 8% 47 Monday,' December 21, 1942 May 20 30 Dec 3 10% Jan 9% 28V4 9% 46% 17% 49% May 20 17% Nov 2 May 21 39% Jan 3 6% May 14 105 May 6 Mar 18 Apr 27 May 25 July 1 32% Apr 4t% Sep 15% NOV 12 10% Dec 2<¥l% 54 Sep 24 50 Aug 57 24'% Jan 19 19% Dec 66% Jan 2 51 Va Dec 89 Va Jan Jan 7 Dec 131*/a Jan 121 115 Jail May 34% July 1 I per 29 28% 28% 28% 29 *15%. 16 15% 15% 15% 15% *12% *12%' 13% 9% .*9 . *63 *67% 14% 15':« 38% • 16% 534 6% 13%; *9% 9% 1 93/4/ 75 *68 90 15% 14% 15% 40% 40 15% 9 'A ; 40%: 41 88% 88% 88% 36 41 %• 35% 35% 35% 16 16% 16 16 21% 21% 25% *1% 2 *27% 28 *16% 1% 18% * t 2 *16% 22% 21% 22% 26% 26 26% 1% 2% 1% 27% *163A 27%': 27% 7,7 29 9 '9 8% 8% 21% *34 34% *33 34 % 8% 21 21% 21% 21% 34 34f 33% 33% 33% 34% 33 33% 33 33% 9 8% , r - 7 Bort • Ami " Class 390 Inc J (The) Borden. Co 7 21% -7 Dec 23% Sep 5 Deo 10% Jan 14% Jan 3 13 Dec 18% Jan 12 Jan 2 10 Dec 17 Oct 75 Dec 1 70 Dec 90 Mar 21% Jan 0 12% Apr 243i Sep Apr 30 July 15 20 25 May , 72 30% Apr Dec 18 25V't Oct 351 Jan 95% Feb 16 89 Dee 111% Jan 40% Jan 5 38 Apr 54 7 17 Dec 23% July 21% 43 2 May 29 28 17% Jan 13% May 20 > 19% Jan 2 27% Oct ' 9 16 Apr 700 1% Jun 25 Bower Roller Bearing v Xl5 '• Briggs Manufacturing--—No 31% Nov . 19 9 :% *1 • 34 34 ' 33% 33% • • % ,V *1 -1 % 8% 8% 29% 8% 29% 29% 12%. 123/4 3% 3% *1 6% 3% 3 33/a 3 3% "3 ■ 7/, 7 '•■. 3% ;• '77 ; 13%/ '6%. ••" 200 4,200/ 2 21% Nov Jaii 2 30 84 85 84% 78 83 79 83% 83 833/4 *83 85% ; Apr 21 Budd 480 // " 25% Jan 41 Jan Apr 45% Oct Dec 2% Aug 6% Jan Dec 14% Sep Jan 37 Apr 23 10% Nov 1 17 35 7 9% Apr % 5 29 28% July 2 Jan 16 14% Oct 23 11% 9 27 3% Dec 14 47% Jun- 10 85% Dec 14 8 M 6% 6% 6% *6% 13% 13% 13% *13% 19, 19 '% 19 24% 19 25 : *24% / 25 6% 19% 24¥4 Mfg —v—No par preferred^j.—— —100 " 18% 18% 18% 18% 183/4 18% *55% 56% *55% 56% *56% 52% 52% 52% 83/4 8 3/4 2 :,/4 2% 8%. *2% 44 *41% *21% 44 *41% *41% *21% 22% *21% 22% . 5% 5% 5% 5% 5% 20% 2% 20 20% 2% 9% 20 9% 9% 20% *19% 3 •:/•' *2% 2% 9% ■ 9% .2% 'V 9%. 77'" 77 *70% 70% 71. 15% 14% 71 - : / 9% 15 20% 20% 15 20% 14% . 15 20 72% 7 15 20 *53 57 19% 193/4 20% 14% " 15 57 *53 : '*53 57 v. 57 • - i!f *2 6% . / v./|V 6% 14% 13% *28% ' 6% Jan 2 2% Jaii 2 13% *28 Vb 30 Va 28 28% *28 Vh 6% 6% 35 35 , 6% 7 13% . 638 /-r/;,:.' • 13% * 26 Campbell W & C Fdy 4,500 ' Canada 4% *38Va 39% *83% 833/4; *24 24% 3 3 j/b ■4% 4% 4% 4% *38% 39% *38% 39 Vi *38% 83% 83% 83% 833/4 *83% 24% 24% 23% 24 3% 3% 3Va 68% 68% 69% 71 *124% 130 , ■; 68% *124% 130 A124V4 130 - 4% ;.'./ 4% 7 ; 'P 30 J- *37% *83% 84 25 25 y* 2% 3% Cannon Capital Admin class A— "*$3 preferred A_———7 7 26 ' ■'v 37% 37% 37% 38 28% 29 '/b 28% 95 95% *94% 96 95% 95% 118% II8V4 95% ". 71% 17 1 % *983/« ;.7 1% 13 96 % 7% 734. :: 7% 72% 7% *72/2 74 74 16% 16% 17 16% 17 1% 12% *3 3% 104 31% 31% 2% 2% 2% / *3 ; 2% 104 2% - *3 1 - 71% -; - ; *94% • : 2% : ' : 3 12 *3 104 2%- - 16% 31% 31% 32% 31% 31% 31% - 32% 3'2 .3 / 17% : *16 18% *15% 18% - *18% * - 8% *7% -33%. 17% , 32 .. 32%'* ' 161a - 8% 2 a 11/'% 300 18%' :ia 3/4 % 1 *11% 12 *13% 13% *1% IV2 *22% 24% / , 15% 15% -.. • :it 33% 600: '-/ 33%:- :;' 92 : ' 2% 2% 92 -■<- . % 12 10% . 6% 15% 37% *48 49 *:&. ./ .//'-.-. /'" ■' •%■ % ■ 8 8 % „2%- 10% *6 37% 15% 15% 37% *48 • ~ 37 6 Vb *-"'• Xl5% *36 T *33 40 *11% 13% 65% 1% 24% 66%'" lib *23 65% 7 . *35% 75 101% 101% 36 13 VB ■ 12 24% *23 66% - •- 101% *96% 98 40 *33 3614 36 % 36% 29% 102 80 108 108 30 *28% 800 Childs 4,200 9% .96% *33 Chile , 96%- 24,200: /.. 300 36% ' 36% 700 *65 .7; 109 31% 101 Vb 101 7/ 40 2% Copper 80 190 31%, 300 preferred City Investing Co City Stores-Clark Equipment CievEI Ilium / Clev 300 101 y2 5% * C'lev 63 *60% *60% *630 107 *105'A 18 *108 16% 107 18 112 17% 63 *640 xl5% 15% preferred Pitts RR Co 5,300; Cluett Peabody & Co— 85 85%' 85 85 154% 85%, & Special gtd 4 fe *105% 18 % 112 17% *108 *60% 63 1 *60% 108 17% 112 Coca-Cola 1,500/ *i05'/4 107 107 17V8 17% 16% . 107 16 Va , 106 ■ , 18% 18%. 18 *108 108 " 300', 60% • Co 112 •: *108 16%, 106 i 18%112 ; 6,300 200, • 3,100. 50 , " 13% 2% 2% 2 2 2 2 2 2% 2 3 3 3 3 3 3% 3% 3% *2% 13% 2% 2% *2% 14% 14% 14% 14 % 14% 13% 14% For footnotes see 3 *13% 14 13% 13% 14% 1434 13%. - 2'% 2% - 3% ""3 7 • 3'% 3%< 14% ,23/43:%.; 3'/4 1,500 980/ 540; 190 *2% 3 *2% 14% 14% 15 14% 15'4 15% 15% 15% 16 4.600 14% 14% 1434 14% 15'/4 15'% 15% 16 16 1.600 page 2199. 3 3 . Class, A ' / / —100 (The)-i-: No par f.iit No par — No par Colgate-Palmolive-Peet—No par $4.25 preferred-^—No par Collins & Aiknvfh—^—-3 No par 5% conv preferred——* 100 Colo Fuel & Iron Corp No par •Colorado & Southern—-' (_100 : 4% 1st preferred— -.1 w-100 4% 2d preferred—' -<-100 Columb Br'd Sya Inc cl Ai *2.50 Cl&ss B .j: 2.50 - ,. Dec a Oct 23 Jan July 97 Apr Deo 34% July l'/a Dec 5% 22% Apr 37'% Jan 15 Oct 721'A Jan Deo 22'% Deo 107'% Oct Dec 18 Jan 14% Deo 44'% Jan 93 Deo 102'% Feb Feb 7 4 1% Mar Oct 23A Jan 26 Id. Mar 3- July 16 3% Mar 11'A Nov 9 3'/a Deo 8 'A Jan ; 7'/a Nov1 . 17% Jan 3 9% Feb 19% July 393A Jan 21 37% Apr 44'% Jan 5 49 Apr 54 52 % / A Sep '28 Jan July A Feb Deo 24 ■jVr Deo ■% July % Jan 25 % Jan 9 8 Vb May 9% 13% Feb 27 . 1 % Sep l'A Sep 7 10% Feb 11% Nov Feb 6 May 28 Jan 13 20 Deo 68%' Dec 18 41% Deo 2 'A 99 12 14 % . Sep Sep 3 Aug 27 Jan 72'% Jan : 3 8 Deo 103A Feb 92 Deo 104'% Aug 40 Aug 46 % 2 34 Apr 14 3 19 9 25 17 Dec Aug 18 10 3A Aug 3 Jun 6 Feb Deo 4% Sep 4 29'/a Dec 40% Aug Mar 10 70% Oct 85 Jan U2'A Nov 16 109% 115 Aug 29% Dec 15 24 Oct Dec 16 08 May 81' Deo 39% Nov 72 15* 11 15 102 10 84 V'4 Mar 17% May 14 47 May 2 32'AApr 28 253A Apr 24 50 Jan 26 44 Jan 5 3 7 92 Nov .28 63 % Jan 9 470 Feb 25 36'% Jan NOV 149 Jan 22 >% July 10 6'% 13% Sep 2 8% Apr 17; 83/b Apr 24 1% July Deo 2 .: 8% Nov- 25 •56'/2Mar 24 55'% Jan 28 470 Feb 25 11'% Mar 13 ■/ 97'A Apr 25 10% May 7 90 May 1 13% May 21 ,7 1 % Apr 10 1 May 19' Sep 31% 15 Dec Jan 95% I Jan May Oct 2'/a Mar 28 Jun 67% Apr 1.0.7'A Jun 22 May 95% May ; 4 Oct 9 7 • - 6 Deo Deo 25 Dec 16 98 2 139 29 77 7 26 9 92 32 No. par No par i._— Coca^Oola Intern Corp— ,*640 16 108 60 34 63 *640 16 15% 2 20, stock- Molybdenum-A—4: Preferred 1 2 Jan 17 27 2 :7-; 43% Jan f% gtd—A-50 —-50 33 *640 15% 332 Jan 7 1 (The)—1 Uj100 32% *149 Feb 7/2% Dec . ■ $4.50 pfd--—No'par Graph Bronze Co 33% 154% Aug 4% July 9% Oct 28 8% Jan No par Ry Co 5% pfd —.100 " 16% Apr 11'/a Jun — Climax *146% Jan 4% 5% July 16 'A Jan —— 5,600 154 TV 115'% Deo 22% Mar , 36% Jan Vb Mar 23 —100 ——100 ,, 5 6'% %' C C C & St Louis 109%/ 3 % Deo ' ——-25 Co , 30 2% 31 '32% 63 33 No par Co Chrysler Corpil————5 City Ice & Fuel ^-No par 2,500 Deo 1 /. 18% Oct 29 lOO'/a Nov 6 ' .1 Vb T% 108Tb 2 19 2 23 47 : & Pacific——100 / * -85 100/, 13%' 5 2 Sep 2 3 2 3/4 Aug 11 12 preferred—— —*_100 Chicago Yellow Cab—i—No par Chickasha Cotton Oil .—10 , 33 85 12 /-/ Va Jan ,6% 38%. 32% 84 4 preferred—7—7-———7-100 7% 1,200/ 83 33 • 83A Jun No par No par divl—No pat 50 33 86% Chic Rock Isl cum 37Tb 33 *149 900' preferred ($2.50) *48% 13% - pf *81% 32% *108 conv Pr 38 32% *104 $3 83 37%" 154% — 1% Jun 50 50 ——5 Chicago Pneumat Tool—' 7 ,, 50 37% *85 5% preferred Chicago Mail Order Co 7 : 1,100 Me-.-" 7 9 16 Apr % Apt 2% Jun -f—-40 A—A—-—% Class 37% *48 Vi 37% 16 89 Apr 75 9 3% Nov 10 24 No par Chicago Great West RR Co : *48% *81% 50 37% *630 5'% Apr 27 22 27'% Apr A—-——100 111 RR Co.: *81% 83 *48% 37% 85% East 83"Z' *81% 50 85% *60% Preferred series 50 83 *149 ' 109% xlOl 102 37% 155 r ' 80 108% *29 101% -■ 24'%/ 36%, *65 *65 *48% *149 * Chic & 5001100 68%: 10 .? 2% 36 V4 *81% 155 . 68 ' 40 38 149 '• *23 ' 10% •*2% 80 *101% *33 V2 13% i 68 96 % 2% 109 29% 96 V'4 32% * 93 Chesapeake & Ohio Ry—...——-25 7 v. 1,300 4ays' *1% 7 24% • 934 10% 50 83 *48 Vi 15%* 37 . •/: *11% 7Va 66 38 *81% / -./ Chain Belt Co— ' No par Cham Pap & Fib Co No par 6% ' preferred ————100 Checker Cab Mfg—/ ——-5 Jun Jun 35 * 15% Sep 14 14% Jun 26 Deo 10% Deo x 97 : " 2% *65 29 16 Vb '-f7 - 13% /,--■>: IVb 1% 2% *108 109 / " 29 40 2% 75 *65 *108 293/a 98% *33 : 36% 109 10% *95% , 2% 109 -101% 10% 40 *2% *65 *28%. L100 6% prior preferred— 400: ; % -*11% 13 % 12. 6 2 2,100 *J/4;p ft 0/3. % ','2 11% *23 96% *33 2% . <"*46%' 48 % % July 27 : 122'% , Dec 33/4 Nov 12 14 82 par Products——1 5% 15% 18 29 23'A Jan Copper__i„_No de Pasco Sep Jan 65 Jan Jun 116% Mar Dec ,18 110 2 1,600 10% 6 Ve -37% - .-% ?/'/%'" 3 125 15 8'A Jan 28 5,100' 2Vb- 10% 15% 48 48% -8%' 2% 6% *0 6% 8 10% 10% ,10% 15% 13% •"/-: 1 66% ' 95 3/4 96 36% 6,600 •'--• 2% . 22 963/4 Dec 2 Jan 400 -2%; 29 3A July 120% Jan Mar 10 1% Apr 14,500 33%' 92%- 50% July Deo 3 2'A 17 • 2V2 ' 8% V>v 2% 11% 66% 653/4 96 *35% 100 /•' *91V2 • 2% 8% 77,:*2 *13% 13% -■ IVb 1% I *22% ' 24% 65% :V *37 13% 66% *2% " 8 ; 90 7 33V4 92 2% ' 66 ; 100 *7% 8% 1 ■ V- 33% 92 *98% /• Deo 18'/a x 15 1% May 27 ———. ' % - 66 Vi 66 *6 ;7 36% Vi *11%' - 2 10% 49 Va - % nio 2 6% 36% /'•■':-1--' •%- 8 10% Ve *48 50 ('■ 8% 2 . - 15% 73677/;/7v';- ' ... 6 15% 15 16 *48 ..*734 18% ' ■ 100 36 Jan 96'% Dec 3% Oct ' X10 6% 6% 19 100 /';'/8 8 33% 92% 2% ''/■/ 33% 2% 2% 8% 2% % 333/a 92% 33/u 93 : . /•/". 2%, A2 8 i- *18% 18% 100 --• Mar 2 3% Nov Certain-teed I?3:/ *16% ' *16% "18 7/7 <16% 18% • 100 8V2 *7% . ■ 100 112 27 Cerro 730/ 8 74 4,200- / 87 3A 29% Dec 42 ; - , 3 , 3'% Feb 23% Jan ' 93 2% 2% 19 *99 8% 7% 33% 33% 7 93% *92 100 *98% 1: Jan 75'% Dec 126'% Oct Deo 43 27 4,000 /. :i 33 * 18% Jan 7 12 2'A Apr Jan 2 25 11 41 3'% Nov Apr —100 Central Violeta Sugar Co——— Century Ribbon Mills No par Preferred ——100 Apr 3% July Deo 30'% Feb {Cent RR of New Jersey. 39% Deo 62'% May 16 90 Deo 1% Apr 66 7 1% Jan. 32% Dec No par Foundry Co _1 Lt 4%% preferred—100 Aug 22 preferred-——i——-100 111 5'A * 79 17. Central Sep Jan Deo 3 28'% NOV 29 6 Vb Aug ' 31% 16%/. 7, 100 100 Apr Apr 30 7 / 96% ; 963/as v ' ■tr.-l 3 :• Deo 26'% 2 9 2 2'A May 18 54% Apr 17 117 Jan 16 77 . Jan 40 28 '■•' 110 Central 2,400 Jan 17% Jan 24 110 %' 7'A 14% Jun 4% Nov-. .9 89 23 200 Deo Nov 32 24 3%- '' *18% : 22% July Jan 38% Dec Apr 14 77 Nov I'/a 9% 37% Feb ,16 , 64% Dec 4% 7% Nov 1% Feb 10 7 32 ' Apr 20 Sep Mar it Aug 29 33 34% 51 10% 29% May 16 Apr 5 % 15% Dea 2 . Jan 18 7-% Nov 16% Nov 13% Dec Jan 10 1 Apr Central Aguirre Assoc—u 7 2%. ... -12% 31% *'33% ; 274 l'AJan 11% Jan 2 9 '/a Apr 25 28 Dec 7 33b Jan 2 Apr 2,200 2 Jan 2 14 15 : 12 9 prior 3,000 / 7 Apr 53% Nov 82 210/" v 98% • *2% 3%' - *91 ; 31% 31% 31% /- " 12V4- •12 3% *92 104-'/. 31% 2% 1% 98'/2 M *2%. 2% 7% .'/- 7% 21% Nov - X98 % 7 12% : '12 V2 / 3% *95 v 31% 2% 2% 12% 12% 2% 99 , 1% 1% 1% 99 2% 2% *95 1% *13/4 *98% 99 12% 31% 8,100 74 16%. .. 580 8 72% 7% 22C •" : July 16% Jan 2 50% Apr 14 30 series 100 / preferred—,^100 ,'T 1% prior preferred—7J———100 1% 2d preferred-——i 100 Celotex Corp ——-No par 5% Feb 9 No par of Amer_——No par Celanese Corp 90 Jan T3 76% 15% July Caterpillar Tractor—_— 7,100:" 11% 95 7—1 —100 —100 d 4% Deo 18 -10 Co--_—— Dec 6 10 ' Aug 2 % 10% Nov 27 23 Deo " Dec % Jun 5% Jun Sep 6% July Deo 4% Jan v Sep 14 6 3% Jan // 4% 25 Dec 18 701 5 7.Preferred 12,900. r- 96%: 16% *3 104 ' 116% 72 7% I) 6 10 par Co Case .(J /„;,.// 10 40 16% V Steel Deo 15 / 7—-1 Carrier's & General Corp/. 1,900 96 %: ■/.. 72 31% 31 ,?/ 116V4 95% 95% 96 .*>95 Carpenter 800 / 28%' 28Va :' 7% *2% 2% 3% *95 116% 116% • 16% 99-, 13 , 96% 116 / x96 . 71% ,1% .-. 99 *3 96 3/i .:. 7% 17 *2%; -96 ' Xl 1614 118 96 6 Ohio Ry—100 2,300 " Dec 1% 21% July"21 : 96 X06 /•• 40 2"8 % /•/ . 16% :,/ 72 7 - 117% 96 ' v 37.%. 28V4 71% 7% 7% /; : 118% 95% 96 / //,.; 38% 3814 -28% ' ,/■ V4' 125%'. 125% X28% 293/b 3 74 773%: <■ *1 373/4 28% 7 • Carolina Clinch & 230 ' 26 «3Va 37% 37% 27% *117% 84 *125%' 130 130 *125% / 3% 74 73 71% 71 " ' 39%- *83%: 25% 3% —No Mills 1,00071,000„ t 4%-: *37:% : - Pacific Ry___/ Canadian 20,900 '36 " "43b . 39% <84 25 3% 17; 6% Mar —100 7 25 Canada Southern Ry Co 50. 6% 36- - 412 39% *4% 2% Apr Ale.,.',——5 Dry Ginger "fi% 6 26 4 No par '77 • 63B r < 1,700 4,400 .'•• " *4% Nov ~9% July 5 24% Oct 14 . 5% 100 7 13%: 28 V4 6% :•» 36 3,100 6% • 2,600 ,;•%■:; 15'/2 • 28% :/..6% 35% 35 6V2 53%' ■;*:% ' 56% May 13 NOV G% Feb 4% Sep California 15%: 21% 53% 25Jan 2 19% Feb Packing —No par preferred— —50 Callahan ZlncrLead—^--71. Calumet & Hecla Cons Cop 5 20%' * - 9% Oct 3% Feb 44 Sep 18 • •' 28% /. 6% 10 j 13% ■ 800 1 7'"'7 ■ ir, -i 11,000 •7-'7;"7. ' 7/ 300 7-: , 44 44 / .7 7-9%; 2%; 9 • 15% 30 6% 6% 6% 35 »/8 ■■ ■ 6% 15% 13 %i 13% 35 % 6% Jan Sep 20% July 9 40 49 12 v 15% 13% 36 i'B ,rl:' Thf \. 6% 15 13% 6% 6% 6% 14% 12% 31 *35 L • 6% 14% 6% 15 *14% 13% Hx : 6% 15 *- ;• • 1' 56 % Nov 57 -/ 35 % Dec 53%'Nov 21 203n *53 Deo 15% 17 - *53 23% 3 24 100 ;: ; . "' 14% 7 19% Jan Apr •' 2% 71% 72% 72% ■ 26% Nov preferred ——100 22" 22%7 40,* Bush Terra Bldg 7 % preferred—100 5% "% 5% 1,800 Butler Bros—————10 20% 20% •;7 7/ 400' 5 % conv preferred ^ —30 3' 3 1,300 Butte Copper & Zinc—— 5 7/ - .93 4 .9% 77 1,800 Byers Co (A M) —No par 71 70 ; '/ ': : 110' />, Participating preferred7.100 15 77' 14% 3,300 Byron Jackson Co—_No par " *75 34% 1. • 9% Dec Oct Nov ■ 57 52%- -7.274 20 2%' 1—1 Burlington Mills Corp.; Conv pref $2.75 scr... Dee 1 14% May 8% July 5% 26 15% Mar 30 25 53 7" 5% 20 2% "9% 9% ■ 4.400; ' Jan July 18 % 2 19% May No par Bulbva Watch.,—" - 76 Feb 22 73/b Oct 8 16% May 27 7 51 7.7 7-. 22% ■7/7/ 5 5% , BuUard Co 5% Sep 11 % Sep per Cbj——-7.— ^~1 7—--—-No per Forge No par 2% 20 % *19% 2% ■ Buffalo 2,900" • , Budd 900 900 18% ' *56 V 752% 9% '7 7/7 *22 23 ■: 20%,- Wheel—No 900*7 7 Jan 5% Deo 81 Conv pfd $2.50 series. Burroughs Add Mach—_•——No par Bush Terminal 1——— 1 7 - 44 ••■':,/ *41% 44 *21% 5% ? 2% : *41'4 v , 25 18% ' 53% 8% 9 '2% 2% 57 52%" ?/} *52% •8% 8% 44 22% *5 . 8% 2% 2% - 19" 18% 55% 52 % 18% 52% 8% ; 24% 55% 56 20% 24% 20 *51% 18% *54% *51% 14%;.' Jan 118 Jun 2% " " ,24% *24% 7 19% 24%' 19%- 19 %• 19% *24% . 77/7 76%" 6% 14 ' 14 ! 4 ' 14- 6%; 6%. 6% 63% *13% 14 12% Dec 109 : =2 y4 ; *6'% *13% Sep 23% Mar Dec 7% 8% Jan 112% Jan Apr 24 Dec .6 103 '/< Mar 13 x Jan Dec 13 % Apr ' (E G) 7> Jan 1% Jan ..... 1 7 par Dec 12% Dec 3 Jan 43 -ft Apr 16 •, % preferred_^_j._„-i^—_i7l00 T% *14,100' 78% par Brunfr-Balke-Collender.^ Bucjh-iw-Erie Co——^^5 6,600 ' - 1 5 Jan 17% Dec 38 35% Nov "13 39% Dec 23%. Dec 21 Dec 6% 9 26 par pat .—No- par No par Brown Shoe CO---— r 3%: '3 %; - ' / 400' ;7 1,800 ■7 6%, 107 100 «.»*.•• 9%; *103% -■ ,V- 1 Strat'ton—.—No' Bristol-Myers Co/—7Brooklyn Si Queens Tr——NoBklyn-Manh Transit.-—--.—-Nd Brooklyn Unloh Gas/—A—No BriggS & 2,300" ■29%; 77' 13%- 13% 107 *103% =7 7 29% 6% '■",6% 35 800' ' ' 8%- 9% -29% •"""13% 6% %~ :;77; 1 1% .«% *29% t 34 *33%. ■""7 34% 7 7 ;•>'"■*% ./'iV *1 108 *103% •• 34%; ' •; " 13 6% (;-■/ 108 7 7 9 Vb 29 V2 12% 6 3% *1033/4 7 8% * 12% 12% 6% 108 *103% '" »T« '. 33% ■/%;// 29 V4 8% 29% 6% 6% 108 3% 8% *29'A 7 1% ///■ *% 1% 8% 29% 123/4 12% *6% *105'% % 7 Sep 3% July 14% 9% Nov * V Sep '21 Feb 16% 29 15 V'4 Jan par Jan 28 20% Sep 30 May 22 773/aJuii Bridgeport Brass Co---—1— — No par 7,100 % 3Vb Oct Mar 10 25 5 Co—; Amerioa-1.——15 Brewing Corp. of Aug '' Dec Boston & Maine / 3. 18% 3,300 * u 21%-. 15% 14 225n Oct : 7 600 -77 28 7% Jan 18% Mai1 31. 900/ v7 / 19% Jan Cofp———±—5 Borg-Warner 10,400" f 9 - 29 13 y» May 1 7-15 ' Bond Stores " 18%, 58 ——No par J, B 4,800; - 8 100 '—5 class A-*.--—*.^NO par Co 3,000 - • , 7 29%/ ;-■> 8% 9 8% 203/4 21% X20% par ' 21% X8% v 2 2 *16%' -18% -7 ■» 22%' 27 •/ 26%" /•' ; 17% - 22% • 2% ! 21 7' 263/4 *16% 18% • • *2 27%- 27% 18% *16% 17 • 22% ""26 % *2 27%' 18% 5 • 17 1 373/4, 80 31% Sep 21 5 Boeing; Airplane Co.ii-iBohn Al-uminuin & Birassj..*-—5 5,000" 1" 89%; Deo 11% Jun Bloomingdale Brothers— share per 21 5 Blumenthal & Co preferred-: 7,200* 43 89% ■ 38%- 16'A :i6% '22 v' 27% •27% V "37%" 21% 26 r 7 25% 22 25% 21-/8 25% '16% ■ 7 Highest f f per. share share 15 14% Apr Bliss & Laughllh Inc—;.*- Year 1941 Lowest Dec 2,9 2 10" ' ; t per per share Freyleoa Ranre for 1 Lota Highest 18% Apr 50 :v.. 363/4 89% *88 36- 35% 16% *16 , 88 35% 35% 9% -15% 100-Share of Black Si Decker Mfg CoNo por Blaw-Knox Co_ * —No par 400/: 75 15% 15% V". 40% 15 39% 90 *88 - 133/4, *68 •' J 7 Par Blgelow-Sanf Carp Inc——No par .■ " ' *87 6'% 6% ,/.;'» 1,600/* 8,700' 7' Basis Lowest 1,600 16 13% )n STOCK YORK EXCHANGE > Shares 27 - • 15% ' 13%' 53/4 13% 75 15% 38 % 15% .. *68 75 39% 14% 38 29 NEW for the Week share per 27 28 *9 93A *9 9% 68 68 5% *13 13 f share 16 153/4 5% ■ 13 13% *9 ; 68 53/4. 5% 5% 5% 5% Dec. 18 293A- *28% *28% t per Sales Friday • . Dec. 17 I per share * per snare t per share share Range Since January STOCKS Thursday Dec. 16 Dec, 15 14 Dec. Wednesday Tuesday Monday Dec. VI HIGH SALE PRICES AND tow ' Sathrd&y 2191 & FINANCIAL CHRONICLE THE COMMERCIAL Number 4135 Volume Dec 48% Nov 28% 44% Feb Sep Oct Mar Deo Sep Deo 148 Sep 78 Deo 106 Jan 60 Mar 740 July Deo 17 Feb 18% Oct ,13 Jan 142 , 10% Dec 50 39% 100% 107 84% Feb 27 173A Nov .30 . 33% 105 Deo 11 63 3A 740 16'A 106 Nov July Sep Nov 30'A Jan Dec 10 105 V* Dec 114 18% Jan 26 12% Deo 20 41/2 Sep .22 % Dee 1% Jan Deo 3% Aug Deo 2% 108 / 5'A Sep 516 16 » 22 1 % Sep 21 Dec 18 11 13 11- Dec , Mar Jan Sep Deo 21% Jan Dec 21 Jan THE COMMERCIAL & FINANCIAL CHRONICLE 2192 AND LOW Saturday Monday Dec. 12 Dec, 14 1 per 1 per share 1% 1% SALE 1% Friday Dec. 17 $ per share 1% 1% STOCKS Thursday Dec. 16 1 per snare 1% PRICES Wednesday Dec. 15 share 1% HIGH Tuesday $ 1% share per 1% Sales Dec. 18 t per share 2 1% 37% 37% *77 Va 10 % 32 27% *105 32% 33 112 9 9 38% 39% 39% 41% 41 35 36 36% 36% 37 81 80 Va 80% 79% 10% 10% 10% 32% 31% 31% 27% 28 107% 105 33 8% 105 33% 109 % *107% 87/a O 'JU V4 33 Va 2% *2 Va 17 V4 V4 2% *85 887/a *89 Va 90 4% 4% 4% 4 par $2.75 100 34 14,400 4%% 18 16'% 9Va * 88% 90 17% 17% 167/a 17% 15,000 10 10 10% 10 % 700 86 Va 88% 90 90 4% 17% 10 90 4% 4% 88% 90 *87 *90 91V4 4% 4% 4% 4% 4% 11,200 14% 14% 14% 14% 15% 15 15% 15% 15% 15%' 15% 44,200 86% 87% 86% 87% 87% 88 88% 89% 88% 89% 3,700 % % % % i7ff Va % iV i7o A 2,100 iV iff I 7% 7% 7% 7 %■ 7% 7% 7% 7% 7% *2% 2% *2% 2% *2% 2% 2% 2% 2% 2% *2% 6% 7% 6% 7% 6% 7 6% 7 6% 7 4% 4% *4% *4% 5 *4% 5 *4% 5 *7% 7% * 7 % 7% 7% "7 *33 % 36% *33% 36% 36 *33'/a *33% 36 *33% 89% 89 % 88% 89 88% 88% 88 89 89% 15% 15% 15% 15% 15% 15% 15% 15% 16 *88% 16 ' 16% 4% 5 7% 7% 7% 36 41/2 4% 4% % 4% 4% 4% 4% *98% 99% *98% 99% *98'A 99% *98% 99% 25% 25% 25% ,26% 26% 26% 4 26% 26% *96 v $2 partic Consol 28 Va Aug Mar 91 Va Apr 29 20% Jan 2 Oil 5 *96 Container 12,000 6 20 3% Jan 7 2V4 18 131/4 Dec 21% Mar 25 18 % Dec 15 9% Aug 15 8% 12% Dec Feb 24 77 3 00 7% Jan 14 4 5 Sep 11 11% Apr 25 78 16% Nov 94 9 % Jun 2 Apr 14 9 Jan 3 3 Oct % Nov Deo 23% Jan Deo 107% Jan 17 x82 V4 25 22 Jan No par 25 82 May Dec 3% 5 Deo 6% May Feb 9% 77 100 % 11 July Jan Nov 9 Nov Nov 6 14 Deo 15 93 Dec 106% Jan 16% Oct 24 11 Dec 16 Va July Dec 17 Dec 5% Aug 6 preferred——— lVt July Dec 1% 39 21 2% Apr Dec 96% Jan 2 11% July 8% July 7 13 100 Jan Jan Jan Deo 26 16 8% Jan Corp of America .15% 97% 103 4% 8 1 % Jan 7 Jan Jan 11% 4 Apr Jan 4 May 3% July 30 4% Jan 7 preferred 30% Deo 07% Feb Jan 18% Aug 23 % Deo Dec 89 Apr 20 pfd—100 6% 9% 4 }! 65% July Deo 74 % Aug 19 Continental Bak Co——No par 99 y8 May 20 Jan 11% July Deo 83 par Jan Nov 17% Dec 22 7Va 9 tConsumers Pow $4.50 pfd conv 23% Jan 12% Apr 7% NOV Consolidation Coal Co 57r Deo 17% Apr 29 17/b Jun 3 Oct 37% 110 Deo 39% 4% May 13 250 Cuba % 6 par 500 of 8 8 Oct 104% Dec Dec il Jan „_5 Consol 7% 19% Dec 100 10 % Oct No par 200 RR 96 17 11 44% Jan ——1 Corp—_No 19 Dec 7% May 12 & Jun 26 No par Corp 34 41/4 May 21% July 31 par „. No u 105 % Nov 109 % Dec 100% Mar 17 —100 preferred Laundries Consolidated 2 Jan 31 _.25 preferred 7% 4% 99% 700 400 19,500 July Apr No par No 5 *7% % Co_ $5 preferred Consol Film Industries 2,200 *15% ' 7% *33 *4% Edison Consol Coppermines Corp Consol Edison of N Y 1 36 89% 89 ' 77/a 27/a 7% 7 prior 83 Dec Aircraft 6%7* Dec 16 % Corp 1 Consolidated Cigar—.——No par 1% preferred-——-* -100 110 64 2IV4 .No par —No par Conde Nast Pub Inc 88 Va 90 *87 87% 5 ser '35— Congoleum-Nairn Inc Consol 18 2 Commonwealth 100 80 % Dec 5% Jan —No par Commercial Solvents 4,700 Apr Mar 16 27 22,400 2% 72 19 21% 17% 82 Va Nov Oct 2% 2% Dec 42% 35 20% 17% 43% 7 11% Oct 21 2% Jan 6 29 % Dec 21% 17% 4% Jan 45% Jan 8 20% 16% Highest I per share Dec 2 20% *2% 54 1 14 Jan 20% 17 2% Nov t per share 1 Sep 24 Commonwealth & Southern„_No par $6 preferred series No par % share per 16 % Jan No par 9,000 & 14% 8 pf conv Year 1941 Lowest 100 ' preferred— conv $4.25 Range for Previous Lots 10 - preferred Credit Comm'l Invest Trust 200 87% '~7% Pictures-. conv Commercial 11,300 10 % No Columbia 3,600 7,000 Co..., 83,000 17 Va *85 88% 90 90 '51 Carbon 32 10 17% par Columbian 97/a *2% 10% No 900 36% 16 Va 17% 29 % 2% *9% 30 % Sep 100 400 107% 9% 9% 100 preferred 36% 17% 10% 9% 14 preferred series A ...... t 4 6% 1 100-Share Highest Sep 5% 105 33% 107 1 3,000 \ of S per share par 37 16% *10 *102 34 No 36 % aa *2% .' 17% 17 % 28% 108 % Columbia Gas & Elec 36% % 20% 17 *85 9% 32 28 Va 105 33% *107% Par 35 sia 34 20% 17 9 11% 32 28 % *100 33% 109 10% Basis Lowest 370 32% 27% On 34% " ' :ia 32 Va 9 11 10% *32 105 33% *107 % 9 20% *100 32% 32% 17 *80 28 109 Va 20% 10% 10% 80 32 Va % Va *2% 80 27% 32% 20 80 Range Since January STOCK YORK EXCHANGE 56,600 41% 34% 32%. 32% *107 38% 34% 28 27% 108 *105 38% NEW Shares 2 34% - 79 10 V4 *31 % 32 27% *106% 35 79 79 *10 38 Va 37% *34 V4 36 for the Week " *34 Monday, December 21, 1942 5 29 7 2% 2V4 Feb 7% July 30 July Apr 28 103% Jan 28 79 Jan 109% NOV 21% Apr 29 28% Dec 18 217/a Dec 40% Jan • 26% 28 Va 27% 28% 17,300 , Continental Can Inc 20 *6% 6% *6% 6% 6% 6% 6% 6% 6% 6% 6% 6% 1,400 Continental Diamond —5 41% 41% 41% 41% 22 8% Jan 42% 5% Sep 15 41% 6% Feb 42% 10 42% 42% 42% 42% 42% 1,900 Continental Insurance——$2.50 30% Apr 28 42% Dec 15 35% Feb 4% 45% Sep 11,200 Continental 8 4% Nov 5 2% Deo 4 Va Jan 27 Va NOV 23 Va Jan 3% 4 26 7% *19 Vi2 *19'A 9% 54% 54% 175 54'% ; 175 175 "/4 1 13% *44 54% 176 4% 26% 26% 20 20 21 9 '*44 54% 46 *2% 16 12% 92% 93 92% 92% 92% 16% 16% 16% 16% 16% 7% 7% 7% 7% 7% *7'A 19 19% 19% 37% *36% *36% 19% xl9 37 36% 19% 36% 13 13% 7% 3 *3 3% 700 y8 200 *% ; % , 94 15% 16% 2,000 8% 8% 87/a 2,700 Crosley Corp 18% 18% 19% 19% 19% 2,800 37% 37% 37% 10% 10% 11 700 79'/a 78 78% 31% 31% 32% 32% 32% 33 34% 34 34% 9,000 70% 71 71 72 73 73 % 73% 74 2,200 10 10 10 10 10 , 17% 17% 17% 17% *98% 99% *98% 99% *98% 1% 1% 1% ' 32 31% 10 10 *92 10 10 7% 10 8 110 *9% 10% 8 95 *92 10 *101 % 95 10 *92 10% 17% *15% 16% 16% 16% 99% *98 Va 99% *98 Va 95 99% 17 10% fi 17 18% 1% 32% 32% 32 % 32% 31Va 32% 31% 31% 17% 1% 2 1% 2 1% 18% 18% 18% 18 % 18% 17% 18% 6% 6% 6% 6% 6% 6% 6% 6% 67/a 20% 20% 2 17% 6% 20% *91 % *76 84 *15% 15% *76 20% 100 *91% 83 15% 20% 100 20% *91 Va 21% *76 83 *76 16 16 21% *91% 83 16 15% 21 100 16 7 37,900 21% 20 *76 16% *■ Press 1,600 11 Dec 19% Jan 88 Dec 107 Jan 10% Dec 19 Jan 9 July 15 98% Nov 10 2 16% Dec 1 9% Oct 23 1 14% May 9 4% Jan 15 Dec 27% Jan Dec 45% Jan 10 Apr 27 12% Sep 25 10 Deo 15% Jan 77 May 19 23% May 20 88 % Jan 15 80 Dec 94 39% Nov 4 28 Deo 47% Jan 63 84 7 73% Deo 98'/a Jan 1 % May 13% Nov 3% par par Jun 25 8% Jun 26 Jan 8 NOV 13% Jan 14 • Oct 5 Jun 29 9 Jan 27 88 Jun 13 140 Jun 3 74% Jan 2 95% Dec 14 13% Jan 14 19% Sep 12 12 Va Dec 25 Jan 99Va Nov 17 88 Dec 99 Deo 8% May 29 —30 1—5 13 Mar 14 ——100 90 Feb 18 £3 Jan 2 - —No par 2 Oct Feb 8% 72 Feb 127% Sep 41% Feb 77 Deo 8 14 Deo % 13 % May 19 12 Jun 30 32'/a Nov 12 13% —No par 20% Oct 15 16 —_1 5% May 20 9% Jan 6 No — par A-- 6% Sep 16 Va Dec Jan 1% Deo Jan 45 Deo Jan 34% Feb Dec 10% Sep -1 18 Jun 24 25% Jan 12 24 Dec 29 Va Jan 100 80 Jan 19 95 Oct 23 80 Dec 90 Aug No par 44 Jan 17 81 Nov 9 42% Feb 47% Mar No Cushman's Sons Inc 1% $8 prefened— 16% 20 100 Inc— preferred- Preferred 83 16%" 14% Oct Jan 38% preferred conv Class Jan 100 Prior preferred— Curtiss-Wright 4,400 93% Jan % 41 No Curtis Pub Co (The)— 2,620 3,900 29,500 4% Dec 20% Nov 28 No Cudahy Packing Co—Cuneo Deo A Mar 27 Preferred 4% % 21% 83 16%, 700 93% 100 *76 1,900 182 Va 2% 21 32 preferred— 100 Cuba RR 6% preferred—— 100 Cuban-American Sugar —100 *98%' '99% * Mar 10 % Nov Jun #5% May par conv 5 Va % 170 Deo 5 Corp— preferred—. conv 2 X54 Jan No par Zellerbach 5% 200 1% 2 —No par —No Crucible Steel of Amer 10 10 6% 100 4,600 107 > 20% *91% 310 7% 7% 107 *101% $5 (The) preferred— conv Crown 210 ' 7% 32% 32 18% 18 17 10 *101 % .7,900 $2.25 85 Oct 18% 3% Nov ... 12% Jan 100 (The)— „2 Crown Cork & Seal- 37% 71 95 preferred— conv 36% 70% *92 5% 25 —-i— 18% 31% 95% Co—— 179 Apr 17 2% May 22 i'i Apr 8 10% Apr 17 1 Cream of Wheat Corp Crane 350 70 95% Corp„ Mar 159 1 —— 94 31 95 100 Inc Coty Internat 16% 19,500 70 95 Preferred Coty 93% 14% —50 Refining-— 92% 7 Va 13% Products series 13% xl6 , Apr pref 5% 36 7% Jan 42V4 30% 10 Sep 52 Va 9 10% 110 56% 55% Jan *78 Va 9% Deo 17 10% 7% 48 42% Apr 79% *101%, 30 25 270 10% 7% 51% Jan Corn 177 78% 9% 13 4,400 *175% 10'A 102% 45 55% 55% 55% 79% 7y2 Deo Dec 10% *9 % Apr 9% 28% 79% 102% Feb 15% 17 10% 7% 17% 9 5 36% Dec 79% 9% 4 12% Jan 24 79% , Nov 21% Nov 23% Apr 10% 110 27 23 Apr Sep 50% Apr 29 8% Apr 29 5 20 Conv 13% 7% '17 5 .—No par Corn Exch Bank Trust Co 10% 7% Del—. Co 1,550 100 80 9% of Steel 45 10% *102 Oil Copperweld 36% 79% . Continental Continental Steel Corp 45 176 *% 92% 16% 13% 5,400 2% May . 36% *2% % *% , 16 *92 54% 3 2% 92% 12% 13 800 9% —1 46 176 13 10,400 20% 9% Motors—. 36% 35% 176 27 20% 9% *45 54 ya 54% ■ 9 *36 *175'A Yt 4 9% 35% 176 *% % 4% 26% *19% • 36 2% 3 4% 26% 9% 46 35% 54% x2% if *% 8% 36 4 26 26% 20 *19'/a 175 3% *3 20 46 35% 4 26% 9% *44 35% 4 26% 9 46 35 4% 26% 20 9 *44 . 4 26% Fibre— 12% Jun 22 18 Oct 21 14% Des 20 4 Dec 7 2% 17% Oct 12% Nov 26 14% Deo 18 Sep 16 6'A Apr 11% Oct pfd - Cutler-Hammer Inc— par July D ;; *3% 3% 18% *11% *15% 18% 11% *15% *107 *3 Va 11% 11% 109% *107% 3% 109% *9% 9% 9% 9% 22% 22% 22% 22% *29% 30 *29% 30 *3% 3% 3% 17% *15% 17 y8 .11% * 3% *15% v 11% 11% 107 % 9% 22 109% *3% 3% *16 12 177/a 11% 107'A 107% *3% 109% 200 *16 12'/a *107% 4 17% 12 12% ; *107% 109% 10% 10 10 10 10% *9% 10 23% 23% 24% 24% 25 % 25% 25% 30 30 7,200 10 2,500 15,100 Davega Stores Corp— Conv 5 % preferred. Davison Chemical Deere & Co *29% 30 % 30 30 12% 12% 12 Va 12% 12% 12% 12% 12% *12% 13 8% 8% 8% 8% 8% 8% 8% 9 8% 9 9% 3 9% 3 3 3% 5,400 Delaware & 3 3% 3 3% 3% 3% 3% 3% 6,700 Delaware Lack tDenv & R G % % 10 17% 17% *32 17% 40 *32 17% *32 *18 *18 18% 18 18 *22% 23 22% 23% *36% 37 36% 37 8% 8% *22 85 *9% *36% 37 8% 18 Va 18% 19 19 23% 24 24 24% 2,300 37 36% 36% 36% 36% 8% 8% *8 8% 22% 22 81 81 9% 23% 23% 23% 14% 14% 15 55% 55% 56 % 9% 37 *23 14% 129 56% 128% 15% *4% 9% 36% 55% 5% 15% *4% 8% 9 14% 9% 57% 130 24% 1,000 15% 7,500 57% 5% 16% 5 57% 57% 5 *9% 10 *9% *115% 120 125% 31% 31% , *3% 31% 3% *177 180 33% 146% *177 3% 147 16% 5% *9% * 9% 115 Va 120 • 31% .*3% 148 131% 130% 131% 132 135% 125% 125 125 124% 125 118 *125 118 31% *3% '146 130% 118 131% 16% *5 10 120 58% 131% 16 Va 16% 58% 130% 130 *115 % 125% 118 118 *117% 31% 3% •178% 31% 3% 31% 3% 31% 3% . *5Va 9% *115 Va 134% 38 32% 4 59% 180 5 21 Jan 27 27V4 Jan 19 21 Dec 29% Jan 39% Aug 24 33 Dec 41 Jan 6% partic Dixie-Vortex 32% May 7 16% Apr 23 100 Dunhill Duplan Corp 32% 5,800 4 600 150 150 151 4,400 179 178% 179 *175 179 -No" 80 6% cum 28% 28% 14 28% 28% 13 13 *13% 13% 400 29 10% 10% 29% 10% 10% 29% 29% 29% 30% 30 Va 30% 6,000 Electric Auto-Lite 10% *1% 1% 10% 1% 10 1% 10% 10 10% 10% 10% 6,200 Electric 1% 28% 31% 31% 23% 23 23% 45% 23% 110 28% 31% *43% 28% *44 45% 110 21/4 *53% *109 2% 57% 110 2V4 56% *54% 58 56 *63 V2 65 63 *% For 0*2 footnotes Va 2Va 1% 1% 1% 1% 1% 7 May 18% Nov 37 Nov 9 '1 32% Dec 37% Oct 23% , Jan 70% Oct 21 59% 18 ylll% Sep 141% Jan 16% Dec 18 12% Dec 23% Jun 7 6 6 Dec 105 Aug 2 136% Dec 164% Jan 7 120% Feb 127 Deo 6 111% July 118 May 120 102% May 20 144 Jan 120 Apr 24 127 NOV- 111% Mar 14 118 Aug 2 % Jan 17 2 32% Dec 4% Nov 24 151 Dec 170 Mar 28 180 26 May 16 11 Apr Jan 23 26 16% Apr 79 Oct 8 Feb 108 Dec 17% July July 27 Jan / Dec 10% Nov 8 par May 17 7 16 2% 24 Dec May 1% 6% Jan 10% July 117 34 Jan Jan Dec 5% 120% May 145% Sep Jan NOV 7 160 Apr 182% Jan 35% Dec 17 27 Dec 36% Jan — Oct 7 15 Jan 21 14% Feb 17% Sep 5 20% Jan 2 30% Dec 17 17% Dec 33% Jan 3 (The) 10% July 2 i9b Feb 16 13% Jan 5 10 Dec 17% Jan 28% 1% NoV 9 % Aug 1% Nov 2,400 Elec & Mus Ind % Jan 1% 1% 8,700 Electric Power <fe Light 2 % Dec 4% Jan 31% 32 32% 32 32% 4,400 $7 preferred _No par 17% Apr 27 35% Jan 23 Feb 28% 27% 39% Not 28% 29 29 29 29% 1,700 $6 .No par 15 Apr 23 32% Jan 23 23% Feb 36% Not 29 Jan 2 34% Nov 12 26% Dec 26% Feb 18 21% Dec 33 Mar 15 39% Feb 47% 107% Nov 28% 1% 1% 1 % Am shares. ——' 31% 31% 31% 32 32% .33 33 23 23 2,100 preferred Elec Storage Battery— 23% 23% 24% 24% 23% 23% 1,600 El 45% 44% 44% 45 % 45% 46% 46 Va 300 *44% 109 2% 109 2% 2% 109 *108% 2% 2% 33 110 110 2% *55 57 Va *55 57 58'/a *55 57% *55 58% 64 64% *64% *2 % *63% A 64 Va *% 110 100 66 2% 2% *56% 57% *55 10 1% *55 2199. 9'% Nov 31% 56 Va page Jan Jan 1% 56 V2 64 1% Jan 18% 86 31% 1% 31 109 *V4 see 1% 10% Dec 112 _2 Apr 65 132% Dec 4 Eaton Manufacturing Co Edison Bros Stores Inc 6% 12% May 5 May 21 100 Boat 1% .No preferred 35 3,000 9 16 17. 14 2% Apr 28 1 5 Mills (N J) Sep Nov par 1 Rolling Eastman Kodak *13 35% 9% Feb 87 .100 Eastern Airlines Inc 20 % Apr 29 13% Mar 9 Du P de Nem (E I) & Co— -20 $4.50 preferred.——; No par .100 Duquesne Light 5% 1st pfd Eastern Dec x9% 51 International—— Apr 12% 23 Apr 95 .No par preferred Aug 23% 15% Nov .NO par — % Deo 25% Nov 12 8 .No par ;. Mfg Co Sep 16% ' par 200 8% 5 .No — A 7 22% Dec 7 Jan 7% July 17 9% 310 6% Aug 24 16% Mar 70 par 5% 900 —2 Co——.—— ~No Class -A 22 , i. Doehler Die Casting Co—— .No par Dome Mines Ltd .No par 120 14,900 Apr 28 33% Apr 2-5 par Corp-Seagr's Ltd— -No par .100 pref with warrants— Dresser 135% a a -25 preferred— 13 31% Aug Jan 35 1% Jan July 6% 18 Douglas Aircraft 118 35% 14 v 14 13 31% Feb No par 34% 31 Dec 2% No 12% 1% 6 27 Devoe & Raynolds A Diamond Match 34 30% 19 4% Jan 16 12% 1% 11% Oct Oct 33% 30% 2 37 12% *28 7 2y« May 21 Sep Aug 16 Dow Chemical Co— 150 35% 18% 37 4,600 151 35% 30% Dec 1% Sep 3,600 148 % 35% 9% 18% Jan 33% " *12% Apr 27 2 2,900 125 31% Jan 28% 23 16% 117% *3% 5 114 Feb Jan 132%. .*124% 117% 6 13% Nov 15% Oct 310 178% 148 180 600 14% 10 *117% ■9% 24% 129% 16% Jan 30% Nov 109% July 14% Apr 6% 5% 14% *36% 8 18 Sep 15 25% Dec B% pfd—.100 —!——„20 West Detroit Edison Distil 24% 37 r'v Jan 10% Dec -50 Diamond T Motor Car Co— 14% , 110 16 4% Apr .100 u—, Western 400 37. 120 125% & Mar 16 18% Apr 29 25 % May 12 9% Apr 25 .-10 1,000 23% *9% 117% Hudson 102 par -20 — 2,700 14% *115% 116% 9% % 24 10 131 9% 8% 22 85 37 14% 120 130 22 *82% 37 *9 125% 590 *23 24 *115 130% 8% 22% 82% 14% 145 8% 22 82% *23 5% — Deisel-Wemmer-Gilbert 2,000 83 15% 9,500 18 22% 127 500 Preferred .100 Deo Detroit Hillsdale & S W RR Co...100 17% 40 24 22 37 15% 600 %. , 17%*33 83 9% 128 1,900 13 % ■ 17% 40 85 37 129% % 17% *33 22 38 *4% 37 18 *23% *% iV 17% 38 22 *37 15% 18% 23% 17% *32 *83 9% *126% 23% % iff 17%, 38 30 13 Aug 12 v- 8% 22% *83 i'g 17% 40 30 7 8 .—1 No : 4 1 — Inc—.—. .—— 2% Apr 15% Jan -25 (The) Dayton Pow & Lt 4%?« pfd Decca Records 6 — — Co. 57% 100 57 300 57 *64% A % 65 33,700 180 % 9,400 Paso Endicott 5 Natural Gas Johnson Corp °Ux preferred .No par .No par 3 50 100 i Engineers Public Service— $5 preferred .No par .No par $5% preferred $6 preferred .No par No par Equitable Office Bldg % Jan 2 19% Apr 24 39% Apr 27 107% Feb 16 1% Apr 17 49 112 Oct 3% Jan 9 5 40 Apr 28 68 Jan 30 46 July 27 73 Jan 5 Jan 17 % Oct 17 47% Apr 25 -j1,} Dec 15 83 2% Dec 64% Dec 69 Dec 74% De< A Nov 34% Aug July Sep 113 Oct 7 Jan 80 % Apr 83% July 89% July % Jan 2193 FINANCIAL CHRONICLE THE COMMERCIAL & Number 4135 Volume Range for Previous '** SXOCJK'fe AND HIGH SALE PRICES Wednesday Tuesday LOW Monday Saturday 1)CC. Vi S S per share per f share *7% 77b 77b 77b 774 87 7% 7'/2 7% 7 7b 77b .36% 367 a 367a 36% 36% 36 3.» •65 72 6% 67« 6% 23% >% 2374 22 7b .u • *20 *75*% 1% *6'/a 23% u 2,400 7 23% *% n — 1,700 2,700 300 ' 32% 32 33 33% 34 74 34 34% 20% 20% 207a 2074 207.4 207b 21 21% 8% 8 8% 2,800 % 7 % 7 % 801% 81% 81% 83% 83% 20 20 20 19 7 8 8 197s 7 3% 3 % 15% 3% 3 15 *75% *75% 79 1,800 500 Federal-Mogul 37b 3% 800 Federal Motor Truck— 15 74 15 7b 3,000 75% 75% 300 15 15% 15% 77 7574 76 ; «■ , Corp Enamel 14% 13% 14% 13%. 13% 13% 14% 14% 14%. 4,900 Ferro 417b 42% 42 42 42 42% *42% 43% 42% 43% 42% 4274 2,000 20% 20% 20% 21% 21% 22 % X21% 22% 22%' 22% 9,700 102% 102% 10274 1037b, 103% 1.04 % Firestone Tire & Rubber G% preferred series A 20 % '102 103 *102 32 32 102 103 32 32 15% *97 100% 15% 1007b 24% 19% *18% 19% 3% 3% *29 31 *29 9% *9 6 *5% 6% *5% 39% 39:% 17 " 6 , 17 45 45 35% 34% 34% 34% 35 357 b 36 167 b 17 17 17 17 16% 17 95% 95% 95% 2% 2% 600 1% 174 17b 174 1,700 *974 9% *9% 9% *9% 9% * 9% 9% 9 7b 9 7b *9% 9% 17% 17% 17% 17% 17 7z 17% 27b 27b 274 27 B 274 27 b 9% 974 97b *47% 51% *47 % ' 6% 6 74 6 7b *101 % 103% *101% 103% 35'a 35% 357b 35% *100 36% 37 36 47b 57a 57b 135% 4% 4% 4% 4% 2% 278 27 b 2% 7% 7% 774 2% 2 % 23b 7% 7% 7% 7% 7% 71 19% 70 70 69% 70% 70% 19% 19% 19% 19% 19% *130% 132 *130% 287a 29 28 7b 34% 347b 34% 118 Vb *112% *112% 1% 118 1% 1% 2% 27 b 2 7b 2 74 14% 4 74 47 b 104% *101% x297b 30 297b 30 46,000 17b 1% 17a 1% *95 98 98 12 7 74 40 43 % 44 4374 447b 41,100 12674 127 127 126% 126% 1,000 177b 17 18 17% 177b 700 *17 2 14 7b 2% 9. % % 74 13% 13% 127b 13% 13% *10474 106% *104% 106% 1067b % A JA A "l,f 17% Dec 21 1% Jan 6 1% Jun 23 No par 1 12% 4% 474 47b .60% 607b 607b 47u i ' *56 567b :? 12 74 4% • 14% 15 xl474 1474 40% 40% X40 % 40 74 *40 74 474 567b 567 a- 14% 1474 22% 257 a 26 %v 83 837b x8l% 237b 237b 237a 247b *89 897b 8974 8974 90 8174 l 17 3:1 4% 474 82 *80 8174 ,% 4% < 13. , 1»r 47b 4% 474 4 8' t 87b 774 77b 77b 'a 77b 7 7 7' ■7 i,! 141 :*11 14 74 1474 20% 23 *136 137 137% *60 65 *60 237b 237 b 137 31% 14 1474 1374 *U 117b *3074 *60 65 3174 14% 137 *60 14 14 317b 10% 14% 14 11 117 b 10% 107b 10% 10% 107b ■274 2%' 2% *2 7b 2% 847b 84 % 37u 3% ,2% 2% *274 *11 1174 *84% 86% *84 7b 3% 3% 3% *84 7b 86 86 37b 37a 3% ' ' 147b • . *11%"' 117br 107b"1 10% 27b " ' 85 *84 334 27b.-X 23 7 a 23 2374 Vi 25 ' *24% 24 : 24% ; 1,700 2,000 13,300 237b 3,000 .23 7b 138 420 2474 3% Dec 10 : Apr 15 Dec 144 July 4% Dec 18 2% Dec 5 Mar 11 3% Oct 10 2 Dec 6% Jan Jan Sep Sep 16% Apr 2374 Apr x 111% Apr 6% 115 $5 Dec 132% Jan Jan 2 18 28% Dec 48 7b Jan Apr 10 128 July 29 121% Dec 127% 30 27% Dec 37b Sep preferred Co 4 % V* 27 23 14% Nov 9 107% Jun 5 3 100 -1 23 No par 14% Apr Apr ' Gobel Dec 77b Jan 110% Nov % Jan Dec 16% Jan 98% Jun 106% 9 x % Oct 13 % 16 16% Apr No par Jan 12 29% Jan 7 8% Dec 11% Jan 19 46% Jan 60 % 16 Dec 24 Aug Jan 20 5 5 18 13 Dec 22 Jun 102 Mar 112 Dec 12 14'% Oct 14 6% 2 57b Nov 20 2% May 34% May Nov 25 20 4 65'% Jan 27 Oct 24 61 60 Feb 747b 11 Dec 17% Sep Deo 46 Jan % Jun 15 tt Jan 30 27b Jan 29 2 Dec Dec 91 Jan Apr 21% Nov Feb 4 35 Granite Grant Gr (W T) Co Nor Iron 13% 14% 7,600 113b 200 10% 2,700 27 b 2% 400 85 *84 10 L) — Aircraft Corp 8 7# :3,600 Gulf 25% 2,500 Mobile & 30 1 Jun 14 25 Jun 68% Nov Dec 1% Jan Jan No ) par 3% July 2 1 % Nov 2 % Sep 10 5% Jan 9 3% Dec 6% Dec 1374 Jan Jan 3 8% Dec 3 67/» 9 % Nov 6 5 Dec 12% 32 Nov 28 28 Dec 36% July 23 25 Mar 3 23 Mar 25% Jan 27 12% Dec 187b Nov 18% Dec 28% July 5 22 25% Feb 27 28% Jan 27 Jan 14 22% Apr 28 21 50 July 16 25 Apr 24 10% Apr 25 10 Apr 1% May 22 48% Jan "Jun >2 2 Jan Dec Mar 28 July 1447b Aug 54 Dec 7 42; 33 % Jan 3 297b May 3674 4 9% May 1474 Sep Jun 117b Apr Dec 18% 147b Dec 117b Aug 31 147b Jan '' 6 3 7/a Jan 29 Sep 28 4% Oct 24 ■86 2% Jun"'; 3 18 197/a 135 63% Nov Mar 31 9% May 20 , 143 Jan Feb 1874 Oct 130 1 No par Ohio RR preferred 2 47b Nov 81% Dec 19% JUn 100 preferred-; $5 Oct 90 V* Dec 13 V2 Dec ' 374 37b Jan 7 23 1 No par : Sep 90 Apr 25 22% May 4 10 57b 7#" conv preferred Grumman 20% Dec 6 No par Guantanamo Sugar '74% Dec 2 6 100 Co Inc Dec 10 59 Sep No par Greyhound Corp (The) (H 54 18 20 4 100 Green 16 Dec Jan 1 —5 Preferred 83% Dec 25 174 Jan No par preferred—No par Great Western Sugar 8 2 Jan x58 Ore Prop— Great Northern 11% 60% Jan par —— preferred——— Sep 17 10% Jan No par 10 20 City Steel Jan 13 2 No par div ctfs 2% 2% Feb 82 18 Jan ,56 Dec 267b Dec Nov par A 80 : 73 par w Oct '1% July 28 par par Union Sep 44 Goodrich M S & P— Sep Dec 97b 2 Goodyear Tire Si Rubb $5 conv preferred— 100 54 Dec 47b 16 13 — 47b 37% Jan —1 -1 Telegraph Co—100 Preferred 14% July 8 - Co (B F) -No preferred——No -No No Gotham Hosiery No Dec 12% Sep Goebel Brewing Co Gold & Stock Sep 24 57b Jan May Dec Feb Apr 28 4 50 14 16% Dec 110 X40% Mar 31 No par Deo Feb 10 May 21 3 25 79% Jan 19% Jan 28 13% Mar 30 11 Jan 7a July Nov 31% Nov 55% Jun Jan Nov Mar 11 8% May 27 1 47b 3« 47b % Mar 26 ——No par No par preferred——50 fAdolf) Sep 105% May 3 10% Apr (The) conv 109 % May 13 % Jan 101 Safety Razor——No par Glidden 31 Aug Mar 48 2 53/4 Jan 125 6 2 No par preferred 3 1474 Nov 17 Jan 3% Jan A Jan —10c Gimbel Brothers--—. $6 10 7% Jan conv Sep 26 Rubber Co——5 Gillette 91 Oct 21 & 78% July Nov 104 44% Dec 101% Sep Tire 87 Jan 38 131% Feb preferred——-———100 General 9 Sep 16 Apr 99% Aug 25 Time Gen Jan 10% Mar 11 Telephone Corp ,-20 Instru Corp—b—No par General 1% Jan 102 1% May 13 preferred—No par Gen Steel Cast $6 40 % Jan Oct 137b Aug 31 Corp $6 pref opt div series Refractories 24 29 64% Apr 29 par preferred —— & Utilities Nov 132 29 Mar 25 30 Realty 25 7b May 13 61 — Gen Apr 21% Apr 28 • General Printing Ink———1 $6 preferred— No par Precision Equip Gen 2,100 10% Jan 135% Dec 122 No Common 32 *11 7% 28 120 ' 2474 Jan 5% Nov 122 Green Bay & West RR 65 *60 257b Sep 55 2 par No par Adv A Outdoor 57# 147 b 374' 104 Dec 12 2 No preferred— $5 Gen Grand 2,200 Oct Jun 39 % Sep 100 10 5% 1,900 7% 5% 5 16 27b July 31 No par preferred— General Motors Corp—— 1 8% 21% 25% ' 101 Jan 104 4674 Feb 106 $6 conv preferred series A_No par General Mills Granby Consol 3074 ' ' 25 Mar 11 Aug 3.174 32 53% May Apr 15 Graham-Paige Motors—i— 2474 137% 65 3174 ' , 65 ;; 12% July Jan 4 No par Gen Gas <fc Electric A 7,500 14% 137 7b ' 317 b 3174 24- 237b 137 10 7b 117 b ' 237b 137 ' 217b : Dec 47% 9 3% Jan —No par 1,900 *2374 . 8% 22 35 100 4% 7b IV*' 217b 20% " 10'a 1 4% 2074 14% 207 b 23 3174 : 1474 20 7 a 14 :'x23 65 a 2 4 74 20% 70 30% *30 *23 74 14 2,300 " 4 7b 8% 30 31 >' 300 4% 82 *80 - 18,900 907b t 4% 7 7b 2474 31 *24 19% "313 4 774 31% 13% >37% 137% 7 2474 20 *89 8% 31 14 >60 7-% *24 20 23% 77b 1,600 25 ■ '• 13,900 . 817b 247b 47b 31% 137b *233b 4 %. < 2474 25 817b % 4% •7 2674 7 26% 1 10 •78 M' n 31 •' • • *24 31% *31 *24 900 > 82 77b 77b i 47b 4% 4 7a . 4% , • *80 82 *80 VB *4% in 1,300 82 20 7% Nov ■■■■>■ A3 90 4% 47b 400 17b *75% 2674 26% 25 237a •« ,' 1% ... 8274 4% 82 *80 . V 78 *75% 90 7b '4*89 1 !,:■ 300 V' .'}g 1% 17 b . 4,400 3,700 42 *40% 7b '.) 23 7b 47b 1474 14% ■ . :\ 25 23 4 74 40%" 81% 82 23 90% 1474 tas 78 1,500 *56 3b >57 57 40% A (%7b "2 *74 7b 7574 *74 25 8174 4% 7b 2 2 • >4,900 47b: 4% 57 . 7b '2474 23 ' *88 . 17b 24% " *17a 74 81% 24% *81 — •' 74 >■ %'■ 17b 2 *1% *73%' '7574 • ' 60 147b 42 *40% 4174' . ' S3 ' J5 " 474 4% 'V, 474 14 7b 14 74 5 60 '•'> 47b 60 60 • 567b 47b *56 567b 6074 5 > 474 4%' 474 *59l/a 61 7,300 10% Feb 527b Jan Nov 6 % 147b 147b 14% 13% 13% 12 7b ■a 474 , v*60 47/b 4%: 47« • *56 11% • 12% *12 % 4% 60% 1C8 *103 108 *103 108% > 17 13 Mar 1% 940 200 8 117% 6174 2,800 5% Mar Apr Jan 61% 16% Dec 6 Jan 61% 1674 2% 13 % 58 74 108 24 112% 587.i 16% Sep 374 Oct 97b Nov 5 5874 1674 Sep Nov 116% July 24 5874 *103 23 3 98 Foods Corp—No par preferred—-—No par General 58% 18% Dec 15 Jan 9% 17 20 21 2% 22 No par General 108 Jan Jun 12 8 37b Apr -No par General Shoe Corp 167b Apr 42% 1,300 *16% Apr 7% Feb 3,500 *103 Dec 1 % 3 33% 97b 17 1% 3 Jan 30% Oct 21 16% 16% 2% 1 27b Jan 28 51 ,-50 General Electric Co 9% 108 41 July 23% July Aug 99 Apr 16 16 -— Dec Jan 9 46 35% *30 *16 7b Jan — Dec 9 74 *103 132 24% 32 V2 v 93% Dec Deo 8% Apr Feb -10 .'—5 preferred——. 7 7# 167b 300 32% May 18 Dec Jan 13% Jan 32% Sep 20% Jan 2% Sep 11 May — . 2% Feb 36 May 7 35 130% 9 74 33 10 — 25% Apr 67b Apr Railway Signal——No par 30 Sep 29 24 2% July Public Service—- 5,300 Nov 21 18% Nov 17 10% Feb 7 45 May 27 38% Jan 3 19 Jan 3 97 Nov 10 136 28 26 13 8 Jun 9 Dec 24 May 9% Dec 105 Feb 11% Jan 30 42 Dec 3, 12% Jan 26 874 Sep 30 277b Mar 14 9% Apr 28 114 14% 5 38 3% Dec Dec 15% *12% ^ 5 5% Jan 13 36% Mar 19 . 118 974 *103 • 21% Feb Gen A 2 27 15% 1.6: May 14 Mar 27 Sep Sep Jan Jan Jan July Nov Jan 217b Nov 25 9 7b 167b 16 45% 18% 105 42% 16% 103 337b 22 157b 16 Dec Feb Deo Dec May Dec Dec Dec Dec 9% 16 8% 34% 12% 90 31% 87b 98 16% 12 17 18 9 3 18 96% Jan 15 267b Dec 18 14% Dec 43% Dec 22% Dec 105 Nov 39% Feb 16% Dec 16 15% 167b Dec cum 31 16 86 preferred 1 100 General Cigar Inc ——No par t7% 9% *15%: 6 97 157b *16 7 b Jan Feb 30 16 87 27% Sep 07% Jan Dec 97b 16 147* Dec 6% 157b 15% 7 73'/a 30% *15% 4% Jan 18% Jan 4 157b 59 2% Apr 14 *9 7b 58% 4 Aug 28 Gen Hi 147b Jan 8% Dec 4% Feb May22 1,800 ; 2674 July 197b Dec Jun 30 9% Jan *2874 59 Jan Mar Mar Jan 90% Feb 15% 9%' 45% 247b 13 100 5 Jan 31 24% Jan 16 1174 Nov 12 Jan 28 30% *58% Deo Jun Dec May 32 16% 67b 90 Jan 16 Jan 29 37% 29% 8% 93 28 30 22 10 16 Apr 15 16 *15% *29 Jan 6% Sep 7b 32% Jan % 66% Nov 1067b *29 30% Deo 8 A *29 . Dec A Apr 21 2,000 106% *104% 107 21V* 10 Feb No par Class uf >4 13 1% Nov Aug 15% *10474 * 28% Oct 23 May Sep Jun Oct 27 Apr 15% Apr 85% Apr _ % 106% *104% 24 May 20 Apr 3 A xl3% 13% Jan Jan 28 13% 3® AA 32 50 103 r> % 13% 2,200 '6,800 47b 4% *102 » :i'i 14% 474 103 *102 1,400 2% 14% 147b 4% 47b 103 7b *102 *2% ,2% 14% 14% , 4% 4% 104 43 % 2 74 7b - ■ 400 1 2774 74 3% 8% 16 General Cable Corp 220 86 *84 12 7 12 7 74 24,900 Dec Dec 9% Jan preferred—; $4.50 98 •7 98 85 84 837b 128 % 13 5,800 35 1% 4 — 30 13 7b % ?% 13 132 17b 14% x4% 104%. 4% *130'% 18 15 86 15 ——No par Gen Amer Transportation —5 General Baking 5 $8 preferred-. ——No par General Bronze Corp .-5 118% 2 74 14% 147b 14% 4% 10474 14% *103 132 126% 167 b 2% *130% 34% 1 % 1267 a 177b 1,000 427b 42% 126% 17% 20% *20 ,>112% 43 43 17% 20 500 347b 98 127 *16% 7274 72% 72 4% Sep 7% Dec —20 Gaylord Container Corp 3%% conv preferred Gen Amer Investors--- 1,800 118% 128 16% 774 34% *81 427b 126% 774 *112% 83% 126% 43 42% 126% 77b 35 98 *128 129 7b *128 * 129 7b *81% 83% 8374 8374 129% 98 98 98 98 98 *8272 '128 3,500 116 1% 17b 1% 2% 34% 1187b ' 2% 1127b 347b *112% 347b 2% 20 7a 297 b 29 7a 3,800 4% 7% 132 29% 297b 29% *130% 132 132 132 19 4% 4% 27b • 72 19 % 20 138 *135% 4% 71 *7074 5,900 5% 5% 5% 5,000 38 37% ■ 138 *135% 138 *135 37% 5% 57b ■' 5 7b 135% , 27 b 34 % ' preferred— 2 No par 1 Wood Industries Inc Gar 75 7% Apr 21 29% Apr 29 13% Jan 3 87% Apr 27 29% Apr 30 10 1 (The) Co Feb 18 preferred—— 6% 75 100 (Robert) Inc Gamewell $6 103 *100 103 3.800 674 XCTb 67b 67a 67 b 103% . 54 *47% Co 5% 700 974 974 974. Galr 10 74Va Nov 20 —1 10 —10 cl A (The) Gabriel Co 10 Dec 410 Freeport Sulphur Co Fruehauf Trailer Co— 6% conv preferred— 9 *8 9 54 *47% 4% 57b 134 134 134 % *4 54 4% 5 74 5% 5% *131 6,200 67 b 36% 36 ■ 80 3% *101% 6% 6% 103% *6 18% 3% *9% 974 *9 7b *47% ,*101% is % 3% *8 874 *8 9% 54 18 74 3% 37 b 2% 9 *8 9 *8 9% 18% 19 *1774 . *2 Dec 70 7% 11% Apr 28 Food Machinery Corp Foster-Wheeler. — $7 conv preferred No par 6% prior preferred 25 Francisco Sugar Co_ No par F'k'n Simon & Co Inc 7% pfd—100 200 17» 874 20 2% 17b 51% 1,300 17b 17b *9% 2,300 17% 95% 2 2 1% *8 9574 1V" 2 1% *47% 35% 17% *95% 35 *95% 2 2 7b *2 2% % 1 80 50 *41 50 *41 50 *41 44 16% 80 900 6% 6% 6% 6 Vb 6 6 34% *1% 2,900 , 136 *16 44 95% 107b 10% 17 17 *95 -600 *16 34% 95% 40% 17 44 *94% 2,000 *122 17 *95% 9% 42% Nov -100 Follansbee Steel Corp— 5% conv preferred " 1074 - Food Fair Stores Inc— 9% 136 - Dec 8 3 Florsheim Shoe class A——No par ■ 20 40% 31% *41 • 1,000 *122 16 % 6 200 3% 1,300 31 136 *122 * 19% 37b *30 40 ' : 26% 9 % 10 97 b 97b 9% 40 100% *18% ... . National Stores Flintkote Co (The) $4.50 preferredFlorence Stove Co.— 8,300 Dec 30% 27% Apr 19 Jun 6 Jun 6 9 74 Sep 197b Dec . First 1,900 16% % 267/b 3% 31 9% • 397b 17 v 16% X16% 17 *16 19% 3% 97b 136 *122 136 19% *30 '9% 9% 10 97b *122 136 26% 3% 9% 39% 40 *39 9% 9% *98 26 31 *29 % 30 9% 9% 10074 19 >2 , 3% 3% 30 31 9% 40 ,*39% *130 *19 3% 3% 16 26 26 19% *18%' 3% .. 157b 700 32% 32 1674 *98 100% *98 25% 25 25 24% 24% >18% 33 16 15% 15% *97% , 33 33 33 32 100% 15% 15% 15% *97 102 31% 14% 14 2% 27 Ji Jan ,_1 $2.50 10 100 No par No par —No par No par Fidel Phen Fire Ins N Y 20 % Oct 23 Jan 20 No par 100 Corp 14 Aug 10 44 l%Jan ...No par Federated Dept Stores— 4%% conv preferred— 10 Dec 4 2 4 % >—5 11% 3 74 4% 10% Oct 23 I per share 2 70 —2 Federal Min & Smelt Co— 1174 '7574 78 200 2074 74 3 147b 15% 83 74 20 ' .... 11 % 3% *3 , ' *11% 11% 11% 11% *11 11. 207b 20 $ per share 4% Jun Federal Light & Traction— 15 $6 preferred » No par 83% 85 *83 74 2,000 $ per share 37/a Jan Fairbanks Morse & Co _No par Fajardo Sug Co of Pr Rico 20 1,200 7% 15% :79 7% 23% 23 ■ 374' 32% 11 15 15. u" 7 3% *3% . *% 20, 11'% *11 2274 1 80% 80 % .20% . 23 "7b 237V; 6% 7 7b 7 ' 22% 1,900 70 *3% 3% 3% 3 74 ' Highest Lowest 32% Jun JErie RR common No par Ctfs of benef int No par 5% pref series A 100 Erie & Pitts RR Co —50 iitffeka Vacuum Cleaner———5 Evans Products Co 5 Ex-Cell-0 Corp— —3 Exchange Buffet Corp—. $2.50 2,800 Year 1941 Lois Highest t per share Par ' 18,000 37% *65 70 *65 72 377b 37% 37 77 b 7 "6% *79% 8 21 *20% 21 8% 734 32 32 32 32 *20% 1 is ' 8 '-'a 8 3 % 7 7s 7 7 233b 8% 7% 36 7b *65 3 % 3% 3% 3% 367b 72. *65 72 ■*65 37b *3 % 77b 734 77b 100-Shai'e of Basis Lowest Shares I per share share per 8 8 7% a i share $ per share per the Week 1 Range Sine© January On NEW YORK STOCK EXCHANGE gales for Dec. 18 Dec. 17 Dec. 16 Dec. 15 Dec. J4 Friday Thursday 337b Oct 23 10% 10% 1% 13 Feb Jan Sep Sep 3% July 55 Dec 1% Feb 4% Aug 9 Feb 23% Dec H *22 *34 2474 117b *9l 102 102 For footnotes 7b see 2199?" 1174 *117a 12 400 Hall 97b 93b 9% 300 Hamilton" Watch Co.' 12 *11% 10 page 11% *35 11% *100% 10 *22 7b.. .2474 37 38 102 37 2474 *974'- 102 •9% *10074 974 102 25 *10074 102 *100 VB 9% 102 10 7 % "6%- preferred Printing class Co preferred A— No XI- 29 *10 - ^ 19% May 21 25 Water: 247b *35 *24" 117b *35 ' Hackensack *22% 37 2434 117b' *974 *100 : 10 *11% 10 ' *23 *33 35 35 37% ll3 24% *22 7b Apr 11 8% Mar 16 par 8 100 95 25 Feb 11 23% Dec 33 Jan 14 33 Feb 38 Mar 8% Dec 1-6 7b 8% Dec 15 Jan Dec 108 July 35 Dec 13 Aug 22 25 11% Nov 12 Mar 11 10674 Feb 7 Jun 102 Jan THE COMMERCIAL & FINANCIAL CHRONICLE LOW AND Monday Saturday Dec. J 3 1 1 per share *99% 13% *131 *85 8 *7 Va 1% J 91 8 *150 43% 99 14 27% *6% 6% 6% 39 10 42 % % *4 %• % 7 '% *17% 3% Hinde & JDauch Hollander & Sons 800 200 , % % % 4% 4% 43% 43% 5% * No 3% 3% 31% .31% 4,500 Houston Oil 1,700 i Howe Soupd Co— of Texas t v 20'/a 20% 20% 4% 4% 4% 4% VB % % , u 71/4 7% 37 Va 17 4% *3% 20% 20% 7% 7% li". 7% ■ 4% li 7% 4-% 7% 18 18% 18% 35Va 35 Va 35 Va 35% 8 *35% 3% 3% *3% 3% *3% 3% 3% 11:,« 11% preferred..—1 5% 19 Va Illinois 5,700 19 800 36 230 Central RR 3% 90 RR See series ctfs ll'/a 7.100 Indianapolis P & L Co 12% 3.400 Indian 33% x32% 33% 33% 35 83% 84% 85 86 86% 88 89 V 89 % 88%' 89% 90 166 ■*160 *160 61% 60 9% 6 Va 6 166 61 61 97» 7 22 21% 21;ta *107 108:!'t *107 108 107% 107 Va 8 8 Vb *7% 7% 8 8 5% 5T» 5% 5Ta 53,'a 5% 146 146'a *143% 56 Va 56 163 '/a 10 V 166 62 63 10 8 7 ',2 10% 22 la 107V4 77« 7% 7% 6 6 V« 6 '/a 145% 145% 57% x56% 16.4% 164 Va % : 107% 163% 2 ) Inspiration Cons^ I ' }. *54% ; 164% ? 164% Intercom! 3,600 39% Oct 30 ■24 2 11% Nov Jan 9 9 Va July 16% 115 Aug Oct Dec Jan Dec 7% 52% 39 Jan 13 Jan Dec 44 Jan 20 36 Dec 64 106 Sep 18 100 Aug 111 Jan 4% Oct 24 2% Dec 5 July 34% Feb 3 26% Apr 37% Jan 1% Aug 31 1 t\ Deo % Jan 1% Jan 24 2 Int Business 8,800 ' . Interiiat! 370 , % Jan >„ Jan Machines.— ' tPreferred 3% 15% May 2% Dec 21% 7 1% Apr 13 % NOV Jan Sep 4%l Jan ••% ■ Jan 79% NOV 7 4 23 % Oct 26 Dec 10 May 13 11 % Dec 24 42 31 Dec 45% May 2% Jan 2 2 Dec 4% Aug Dec 21% Jan 2 2 21 4% Mar 25 4% Oct 5 21 16% Feb 4 Jun 2 14% Oct 23 Apr 6% 24 35 18 74 May 153 July - Dec 13% 5 9% July 20% May 85% Dec 29% July 111% Jan 1 100 3 163% Dec 3 154 74% Feb 4 63 12% Jan 14 8 6% Feb 5 6 5 23% Jan 27 19 Dec 100% Aug 21 111% Feb 3 107 July 10% Jan 9 54 . 5% Apr 13% Oct i00 , Apr 21 5% Apr 29 8 5% May 20 par No par 147 14 16 151% Jan 5 140 ?4 59% Dec 18 42 9 150 May Jan 166 6 July Jan 90'% Dec 13% Jan Feb 6 Mar 161 Sep Dec Va 3 Vb Apr 109% ,:'40 .—..—a—.100 8 Jan Va Aug Aug Feb 24 8% May 20 . par par Dec 9 5% Nov , 10% Sep 20 No 5% Aug 31 23% Nov 2 Jan 32 ——No par Harvester...'. 2 17' % 13 " par ^No 2 Jan 5% ;■ par , .__•, % % % % Int 6,300 Hydro-Elec: Sys class A_„...25 Mercantile 10% 10% 10Va lO'/a 10 10% 10% >10% 4,900 Int 9% 9% 9% 10% 10% 11 Vs 11% 11% 8,000 *54% *54% 56% *54% 56% *55% 58 *56 57 4 7p ' 3% 3% 27% 28% 139 *134 8 3% 44% 135 3% 3% 3% 37% 37% 37% 41 27% 3% *135 3% 3 % 3% 3% 5.900 28% 29% 29% 30% 19,600 , 29 140 *135 140 8% 8% 8% 8% 46% 46% x45 '/a 46 Va *3% *38 40% *39% *27% 30 *135 8% 46% 28 *39% *35 3% 28% 7% "314 28 % 135 % 44% 44% *37% 37 28 8 T 3% 28 139 7% 44% 35 3% *3 Va 38 % 37% 40 % 3% 3% 8% 46 3% 38 .38 140 8% % 7% Sep 27 Sep 113%, Jan Feb 8 Dec Dec 11% May Vt Jan 167% Dec 57 Jun 170 Jan' Jan July k Jatl *38% 170 *39% 40'/a 40 Va 40'/a 40 40% 28 *27% 28 28 28 27% 28 35 *35 36 36 36 *35% 36 Inter % 102% *99% 104 *99% 6% 6% 0% 6% 6% 6% 7 6 % 7 76,800 6% 7% 6% 6% 6% 6% 6% 7 6% 7 9 % 9 9% 9% 9 9 *92%, 10% *92% 10% 11 26% *25% a 94 *25% 139 *136% >136% *99% 9 . 9 ■ 94 *92% 94 11 *10% 11 Va 11 25Va *25 9 U 26 26% 139 X25 % *135 . 139 *92% *13.5 94 , ' 9 23 Dec July 16 125 May 131 Feb 20 Sep 135 1% preferred— 43% Mar 30 60% Jan 5 51% Dec 1% Apr 73% Jun 2% Sep 32% May 48% 38 49 Oct 31% Jan 1% Oct .9 3% Nov 23 Oct 23 46%. Jan 30 48% Feb 13 3.0% 94 Interstate Dept Stores .preferred —— 16 , 15 ■ 25% Feb '49 95 Jan 104 May 7 104 Vn Oct 2 7 % Nov 28 1% Dec Jan 2 7% Nov 21) 1% Dec / 6% Jun 29 10% Nov 100 88 % Apr 17 95 Jan-12 7% Apr 29 11 Dec 15 24% Apr 29 32% Jan 6 preferred.———;— Feb May Jan par No V* 26 1% Island Creek Coal——1 $6 39% Oct -No par Intertype Corp.'—a. r. 5 2 ■V par 500 137% f Feb 32 May 20 ■26 100 - Sep Jan 10% -Telep &• Tel.eg.—No par share'.ctfS—~No July r 5 6 ; 4 31% 15% Jan 14 Foreign Dec 2 7% Dec Mar 100 26% >135 137% , 21 May Intern! 1,300 v'' 11 *26 26 4% Nov 26 94 11 55% Oct 39 7# 9% *92% i Nov 30% Oct No par —100 Salt—'...—.No Jan 13% 10 :100 __a Rys or Cer\t Am.t_, Apr 2% 25 15 - V# 6 - Apr par : 8,300 9% 104 a Dec 1% Apr International Shp.e„.^.No par International Silver.—.—: 50 104 6% "101% 38 % 19 24% Apr .29 126% Jan 3 —i00 — Paper- Co International 200 *101% 103 — 5%". preferred , 300 1,200 7 26* 18 —No par 5%., cony preferred. 700 7 139 11% Dec _x—.1_ 1 Canada--—' International 5,600 3% 39% 103 10% 9 3% May 29 % Jan ' 3% 38% .No Mining Corp.: Preferred 26,000 47 6% 94 12% Jan 5 Marine... preferred!.—————100 Internal! Int Nickel of 100 6 /'a *9 par % July 27 5% May 25 Internet Min & Chcm...— 3% 7% % 9 % 28% *25 % 2 A Jan 72 1 Rubber Intcrlake Iron— '1,200 . 59'% Copper..1 10% 3% *136% Jan May Aug 30% Apr Sep 18% Feb % Jan Jan 16% . Dec 9 30 2 —100 No Corp. ......No 6'V preferred—T— a_J 17,100 148 55% —No — 55 % 28 % *92% 5% 107% Oct 56% 115 Dec . x Jan .80'/a July 132% Dec 5 16% Apr 3 Va Jan , par Interchemical 60 7% preferred. Steel Col 9% 9% 55% •"10% 18 16% Dec Dec 3d 18% Jan 115 July 12% 38% Feb . 10 Insuranshares Ctfs, Inc 1,700 '6 Vi 147% 164'/2 4.700 6 7# , 500 2'/a ' x7 59% ■; . 108 6% 147 Inland • 6 % 108 . Ingersoll-Rand__——... 3,500 10% 21% 8 5% 107 Va 1,400 • 64 6% 107 Va 8,700 ' Refining. Industrial Rayon-.i—No 166 63% 7 22 56% 163, Va *160 10% *6% •, 21 145 57 163 Va V,T %• 10 10 9% *101% 7% Dec . 168 12% , Sep Dec . 13% : 7 10 Sep Jan ' % 28% % *160 62 21 > 147 56 Va 163 Va *6% 22 . 166 10 » *6 Va Va *160 61V4 9 7 9% 21 Va *3.9 "a Nov 2 29% May No par 11 11% "'34% 17 29% Nov • 6 2% Apr ,—1000 ll'/a 11% 44% , Jan 96 % May 33% Dec 99 Va Jun 13 96 100 — A 10% *134 9 14% Nov 27 * 2 30% Apr 29 —_No par Co.: 11 Va 9% July 3% 8% Dec 65% 8% Jan par 6 "!o preferred series A i——100 Leased lines 4— 100 ll'/a • Feb Feb 96 123 x 20 tHppp Motor Car Corp!———.1 H.1/2 56 Va 44 Dec 10% Apr 19 Feb 27 —No par Motor Car.— 10% 147 150 , 18 Oct Mar 21 Jan 50% 102% Jan 12 8 100 — Hudson 33% 163 Dec 5 Dec 1% 13 75 134 Mar 13 21% Oct —100 Hud Bay Min & Sin Ltd. xl0% 55 7 li 14% Nov > 9 ,12% Dec • 18 V, Manhattan 7,000 '2,100 , % 7%. 17% 37 Va % & 15,600 4%" U Hudson 200 , 21 4% *36 Va : 3r,« ] 1 li ii n 900 10% ] 46 Feb 110 .—25 c ,158 Apr. 27 6 . ; —5 34 163 28 11 __100 10% 6 Tn .Feb 14% Jan .No par preferred.; 33% *6 19 • 11 Va 21 Va 58% Oct 12% Mar 11 No par Household, Finance 100 , 33% 9 T« 4 May 79 !._12,50 Class, B— 800 106% 3% 4% 20% 4% 17 "2 17 Va. 11% 60 Vi- Dec 30%, Mar .No par ,—100 Houdaille-Hershey cl A 3,700 5 ; J 7% preferred— Homestake Mining 15,000 10% (A) Holly Sugar Corp , 10% 166 Jun 5 28 1 33 9% 76 17 10% Apr 10 11 Va 601 ti 19 8% Dec 51 '10 ; (Del)!— 32% 160 93% Jan 2 125. . par Paper Co The— Furnace 32% 83% * 24 9 rNo par Va 11 6 101 6 1% Jan 141% Apr , 100 No preferred Holland 900 , 38% 31% 31 5% • n 3% 11 3 % 31 conv 200 28% >104 ' *36% 3%t 31 $4 115 10% 43% Dec 8% Nov 45 No par , 800 7% *38 104 Jan 4 4% May —No par . preferred—Hershey. Chocolate..L— ' 43% 104 Va 4 4% 7% . 3% % 3 % 20% 21 :-4%" ' 43 104 31% 10% % * 4% H 37 Vi* *31 % 20% 18 Va *36% *42% *103% 3% 38% 10 % 92 May 12 6% Jan ' l 14 11 '31% 5 . 42% *38% 10 ( Jan Dec 79% Apr 100 6%.cum 200 12:% 27% 28% 88 3% 25% 149% '*/« Jun —25 Hires Co ;(C E) 7% - 2 106% Dec Jan 140 . I per share Dec 12% 10 4% Feb 29 Jan 100 19 Jan Highest I per share 17 Jan 146 5% May 21 1 , Hercules Powder 300 * 16. 12% ; . , 28% *113 13 Year 1941 Lowest 16% Jan 7 ; 25' _ — Hercules Motors 40 17 28% 115 27% 38 % 10 *15 *15% 7% *12% *113 28 % *38% 104 3% 6% 13% 115 27% 10 *103% 3% 31 4% 9% 43 3% 43 21 Va 38 % 104 *103% 3% *4% 28% 10 43 VII 33 28 . 6% 12% *113 38 28% *38% 21% * 13 800 43% 16 Preferred 3,400" . 97 28 900 20 Va 13 75 43% 17 104 2 80 Range for Previous Lots t per share 29 Apr 3% Mar —__2 tHazel-Atlas Glass Co 131V2 97 *15 15% 12% Apr i Mfg Corp_„—«, Hecker Products Corp Helme (G W) I 43% *27 share 20 126 x 100 Hayes Industries Inc Hayes , , 97 17 *6% ■ 43% *95 16 13 % 73% 131% 100-Share Highest Apr -1. : 750 57 . preferred-— 15,100 15.6 74% 28 28 115 104% 7% *15% 13 3 % 4 '/a • *14 17 *113. 28% 43% 57 134 of Amer class, A 1,400 8'/2 *150 , , 13Va 72 97 16 13 103 ',4 .*% *43% 27% 56 *131 Va per 98- 100 4,100 92 8% . 152 13 Va 72% 134 *95 VB *14% 115 *42% * Va *15% 6% 10 ''32 43 97 13 30 10 43% *95% *113 115 28% '38 Vb 72% 14% 27 13% 28 % 55% preferred-! 6%% of ' 1% 91% 8% 152 ■ 13 Va *131'% 17 14% *15% g% 13 72 134 27 (i "'6% 11214 43 97 156 13% 13% 71 *131% 56% *150 6% 70 ; 7% . lVa 92 8% (M A) .Hat Corp 400 . 92 n>7 . 1 % 92 8 Va t Co $5 pfd_„„No par Harbison-rWalk Refrac.t—No par 100 • . 4% *85 8 1 Va Hanna 3,600 137. 4 VB 87 *7% 14% Par 10 ,. Basis Lowest ' 4% 87 On EXCHANGE Shares share 131/2 *131 Va 91% 8% 55% 156 14 Range Since January 1 NEW YORK STOCK , the Week 101 137 1% 8% 13 % 134 *43 Vs 27 % * 13 Va 1% *100 13% 8 91. 101 *4 92 56% *150 71 16 % VU 7%, *54 156 97 141 V# 8 71 *43 % ' 1 Va 1 per *131'/a 4 % *7% 90 % *131'% *95 27 1% 55% 13% Sale* for Dec. 18 share per *100 137 *85 7% 90'i 13 Vs 71 *15% 7% 1% *150 134 13% *3% 92 90% 7% 13% 71 8 55% 156 *131% % *85 1 Va 56 Vi *1314 92 t 101 *131% 4 Va 90 Va 8% 5 5 :,.'t 13% Friday Dec. 17 share per *100 136 *3% *85 7 '/a. 13% *132% 4 • I 100 132 4 92 90% * 13% 132 3% 100 Thursday Dec, 16 $ per shari 101 13% 13% 137 3% * *100 100% STOCKS Wednesday 15 Dec. share per HIGH SALE PRICES Tuesday 11 Dec. Monday, December 21,1942 127 1 Apr 138 18 Nov 5 % 87 7 r f 26% 5 124 ' Feb Oct Oct 3% 3% 14 Feb Oct 98 Sep Sep Sep Sep Feb 9% Aug Dec 33% Aug Mar 134% Aug ,v : *9% 9% *26 26% -96 9 % 98 68% 26% 2 6-; *96 69 9% *128 9% 26% is 98 63 129 *128 9% 26% *96 70 .. 70 129 '128 98 71% 129 18% 18% 18% 18% 18% *53% 53 % 53% 53% 63% 63 % 63% 63% 63% 63-% 8% 8% 8 % 8% *8% 9 • V* 71 v; 18% 9% 9% 26% 26% 98 "125'% 53% 18% "53 9 Va 26% *96 •71% i ' 71 128 9% 27 *96 *96 72% ■. 128 *125% 9% 27 98 72 19% *53% 54 54 55 *54% *63 64 64 64 65% 8 Vb 4%%, 5,200 20 19% 8% Co Johns 11,500 800 -> 8% 2 10% Nov 9 33% Jan 107% Jan 5 31% Dec 4 5 107% Dec 111 Va 50% May 15 73% Dec 18 49% Dec 71% . No par 85' a——100 Manville——No par Laughlin Steel ,j.No par 5% preDseries A— .a ,100 5 7# pref series B ,couv__—100 Joy Mfg Co ——r———1 ; ,1,300 May 122 100 Jones & 500 66: 5 5,a Jan i 18% May 15 —1 , Inc.—— preferred—*—' Preferred 55% 8% (W B) Jewel: Tea Co 128 19 8% Jarvls . 2,000 : 73% *125% 18% 8% •1,700 27% 98 Jan 129 .9 17% May 20 , 53% Dec Nov 24% 64 15 61 3 11 16% Dec 14 Jan 44 Jan Dec Sep Nov 128 Dec 27 % July 67 Aug ; Feb 6 59 3 64% Dec 86% July 2Q 8 V* Deo 14 Jan 79% Jan May 20 7% Aug 13 122 4 Jan 5% Jan Oct Sep K *12% *120 12% *120 5 *'18 *83 12% *18 8% "120 5 *83 *18 8 84% *83 11 *10% 11 10% *104% 110 "104% 8'8 103 27% 8% 104 *103 27 % *14 ' 14% *25 251/2 *1% 2 36% 19% 19% *2% 23 Va 25 % 3 25 27% *14% 25 Va Vb 35% 19'% 23 *103 % a%- 13 % 8 %: 104 13V4 8% 104 9 9 *103 105 2 *1% 35% 35% 19% 19% 3% 2 25 % 25% 25%. 26 Va 19% 1% *1% 36% *35% * 36 19 Va 19% 1 % 35% 19 Va 19% ■ 29% 600 26 • ■ 19% 2% 23% 106 Va 2% 26% 26 26% 26% 26% 26% 26% 9Va *9 Va 9% 34'% *33% 34% 34% 34'% 18 XI7% 17% 9% 11% 11% 11 Va 26% 26% 26'% *26% 19% 19% 19% 107'% >105% *105% 107 2% 2 V2 2% U 2% 11 11 2% 17% 11 27% 20 : 2% 107 2Vn % % li % Va .1:1 11% 11'% 11% 11% 11% 23% 24% 24 24'% 24% 24% 13'% 13% 13% 14% 24% 24% 24% 25 14 Va 14% 24% 24 Va 29% 30 24% 29 7% 30 % 24% 30% 24'% 31 30 Va 31 4 Vb 4% - /4% 14% 14 24% 24% 31% 4,300 . 14 24% 31% " 4% 29% Nov 9 13% 11 % Feb 5 9% Dec 1 Jan 7 100 % Jan . 4% Jan 13 11% Sep 24 102 Sep 9 9 Dec 6% Aug 22% Aug 14% Aug Mar 104 % J,an Dec 9 Aug Dec 121 % Apr 9% Dec 18 Jan 4% Dec 65 12 14% Nov.. 24 100 1,2% Jan 121% Mar 6 Dec 17 Apr Dec 31% 5 4% 5 1 900 9 . 17 . 6,900 12,700 6 105% Jan 20 98% 8% Jan Feb .2- 37'% Jan 3 30% Dec 9 14% Dec 18 11 Va Dec 24% Jun 25 No pur Laclede Gas Lt Co St Louis par Bryant———,—...No par Rubber & Tire—— — Lehman Corp Lerner , 5 25 Libbey Owens Ford G1 Libby, McNeill & .Libby—_. 38 . Jan 1% Dec 3%. July 23 % Feb 40% July 31 22% Jan 9 21 Dec 26'/a 3% Jan Feb 5% Sep 28% Aug "29% Jan Mar 15 23 2% 27 Jan 2 x22% 29% Jan 5 7 % Apr 29 7% Apr 29 21 % Apr : 24 111/2 Jan ,2 13 • May 24 5% 30 18 ..Dec 15 Feb Sep : Feb 17% 8 41 % Sep Mar Jan 45'/'a July 10 Va Dec 1.4% 7 17% Sep Sep Aug 11 % Dec 16 15 26 '/a Dec 16 14% Dec 27% July 18% May 29 23 Va Jan 9 19 Va Apr 26% 8% Mar 17 15% Apr Jan 13 Oct Aug 4 113 Jan 16 107% Dec 116% Jan 2% Jun 2 4 Jan 26 1% Jan 5% Aug par l;f Dec 17 1% Jan 20 % Feb 50 8 Va Jan 7 15 % Aug 18 2 Va Feb 17% Apr 17 100 50 No — (The)—_— Stores Corp.. Dec 5 5 22 100 !__No 25 2% Feb 40% Feb 2% Jun 100 : - 3 5 17 No par preferred!;., 5% Jan Mar 39% July 14% J*uly 4 19% May -No par Lambert Co. (The) i 29 106 f 1% Jan 10 Kress. (S H)„&,Co May 30 % Sep par —„1 %ehn & Fihk Prod Corp 1,200 . (S S) 100 Co.a.—I- Portland Cement. A% conv preferred tLehigh Valley RR.. Lehigh Valley Coal 6% conv preferred 1,700 24 '/a ' Dec 11% Apr Coa__— Lee 2,400 11% 4 Dec Jun 2 :26% Jun Lehigh 1,700 is- "13% 4% xllGVa No par Kresge Dept Stores.A— Lane 260 11'% 13 % 2199. r. 1,400 11% 13 % 4 Va r 600 ■ 23% 24 - 2,500 % 11% \ 16 26 May 26 , .10% Apr \ 16 Oct 7% Oct -No par Kroger. Grocery & Bak 300 26% 20' *105% , , 70 11 *26 V2 2% 30 35 17% 20 105 % 19 % 100 - 9% 35 17% 17% 19% 107 6 13% Dec 124 ,93% July 23 pfd A—.No par Kennecott CoppefAA.A.A! Kresge 4,800 3 *10% 2% 2 7 .*—5 $6 .prior preferred.'.——aaNo 1,300 *2% $6 pt Kinney-(G R) 3,500 2% 23% *9 Co..a— Kimberly-Clark— 90 23% 9 & 10 17 * 82 preferred...--100 (J) Keystone Steel & W Co... 200 23 Va 9 * ,• 1,100 2 35% 23% 3 / ClassB._a._a—_,_1 -36,700 14% *23 *2% conv Kayser Feb Mar 2 % Jan 16 Dept Stores—a---—1 Kendall Co 20 3 Vb 26% 106% 25% 2 *35% 19 Va f* 3,000 ■ 105 23% 26 Va 8% page 25% 1% 35% * -• , Keilh-Albce-Orpl}eum preferred.lOO Kelsey Hayes Wli'l conv cl A. i.l 2,100 8% 5 117 7#. preferred—_A__—..100 5% 400 *2% 19% see 20 23% 26 footnotes - - Furn__: : 23% For 8% 14% 19Va 4% 4 —10 P & L pf ser B.a—No par City Southern—No par Kaufmann 110. >103 28% 26 4% Kansas • • 1,000 13% •- 13% 13% 13% *23% 4% 800 f 11 *103 14% 20 23% :> 1 110 28%* 26 Va 11% Kan City 5,700 7%. 84 10% 10% 10% *103 14% 11% 11% 11 110 27% *10 Va 11% 83% *10% >104Va 14% 17% % 83% . 84 CO 27% *33% % > ■ 21% 7% *14% 34'% 2% 30 5% 21 . .27% 17% 2% ■ 7% . 14% 8% 106 *83 7Va 25 % 17% 20 19 7 Va 28% *33% 105'/4 7%' 25 Va 9% "25% : 20 Kalamazoo Stove. & 1,900 . 124 f.% 27% 17% 11 Va 21% 13 % 13 *120 5% *14% 34'/a 1 0 V'4 21% 13% 124 5V4 14% *9 17% 10% 110 104 *34 * 13% *120 5% 28 % 23 25 % 7% 13 8% 25 *2% 23%. 13 104 *1% *35% 8 5 * 13 8% 121 Va 83% 110 13 13% 121 Va ' 7% 8 13% 12% % 4% 21% *104% *13 32% 121 4% 21% *7% 84 % 12% 121% 4% 21% *7% "10' 12% 121% 5 5 _ —No par No par 7 104 24% Dec 18 4 Mar Sep Sept 11% Dec 14 Va Dec 27 % Dec 45% Jan Dec 7Va Jan 14% Aug 31 25 20 % Jan 24'/a 18% 24 29 Dec Dec 14 113% Apr 18 Apr xl9 2 Va July 14% 5 31% Dec 17 19 Va 12 5% Jan 20 3% Nov Sep v 14 Dec, Dec. l:i I 4 per short $ short per <">01! 31 29 Va 29% 29% 30 60 *58% 59 Va 58% 59 60 % 60% 60 60 173% 22% 2 2'/a 22'/a 23% *22 23% 23% 23 74 31 59 60 60% 60% 61'/a 62'/a 61%, 62% *173% 174 »/a 32% 34 , 11 11% Va 11% 11% 15% 15% *15%' 1.6 Va 10% 46 VB 46 % 16 15% 148 148'/a 15% 57% 57% 15% 15% 16 16% 16% <16%' 6% ■6'/a 6% , 17% <16% 149'A 149 Va 15% 15% 15'A 15'A 57%, 57 57 57% 57% 45% * Jan 98 Jan 164'A Apr' 16 Jun 189 6% 15% .«• preferred 1% .... 30 Jan 37% Jan 1274 Oct 16 74 Dec 18 1 May Dec 24 % Jan 6 4674 Dec 15 16 42% Jan 28 35 .274 Mar 27 774 Dec 11 par 25 15 31% Sep 3974 19'% " 174 Dec 374 Dec 19 Sep 1974 Jan 9 1374 Jan 1674 Nov 10 12% Dec 17 142% Dec 162 29 152 Mar 30 Oct 45% July Apr 19'% Nov Mar 13 11 % Apr 128 Jan Apr May 28 31'% Jun 1674 13 2 Jan, 13% July Apr 9 % 8 1 *29 1474 May 20 37 .100 Dec Jan Louisville Gas & El A._*._, No par ,11,74 Apr 9 18 V4 Jan 8 15 Dec 22 1,000 Sep Louisville & Nashville—.. —Uoo 55 % Sep 2 76% Jan 26 60 Feb 74% Nov 2374 Jan Deo 3174 Jan ' 60 60 Dec 2, 9% Jan 10 Co— (P) . 1,300 15 •••'"14% 59 15 210 152 152 152 152 *• 57V'a , Lorillard Jun x207i 5 Cement Corp... —No par -Loose-Wiles 700 5,500 21 37 V4 Nov 1 ■Long Bell Lumber Biscuit 7,000 / 16% 16 VB Dec •4 par —No 17% 25% May 21 par -No Star Lone 4,000 ■ 9 3274 Feb 11% May „No Jan .2374 Nov 23 —No par Corp 174 4 14 Vb Jutl Nor Dec 22 par Lockheed Aircraft Corp__^.. 177 16% Apr par ' 152 1497a 96% Nov —No — .Loew's 8,400 , •17% '17% 17% 16% 15% . Co Liquid Carbonic 2,700 19,800 . 38% ■6% 17% : Jan Dec 64% Lion Oil .Refining Co.^ ' •16 Vb 39 64% 1,200 17% ■ 37% i 16'A 17% 16 16 VB 45 6% 6'% 6% i 17 % 37% • 37% ' 15% 32% 5 Link Belt , V 16%' -45% 37 U 37 Va 37% 3 12 74'% Jan " x44 46% 46 37% 37 % ■ " 46% ■ ■ Jan 73'% Jan 1,300 12'A 15% 17% 149'A .50% u 15% 6r'n 15% 12% < Va 18 % •- • 149% Va 16 •> 12 ' 33 „No ' 16''« *17% 18 15% * ■6% 6% 0% "17% 11% 16% 37Va 37 38 37% 33 Va 11 Va 13 18 Mar 50 Va Apr Lima Locomotive Wks_^.— —No -pat 34% 34 33% 33 1 11% 15 46% 4G4A ... Lily Tulip Cup Corp—.— 300 Highest t per share 4 per share share 50% Apr .29 2,500 24% Year 1941 Lowest -100 ; ' 10% 16% 46 24'% 15% ■ 15% 10% 23 24% 24 $ per share per 20 5 t Preferred 240 174% Series B . -25 Tobacco.. Liggett ,& Myers 5,862 • 23 23 *21% 23% 33 327., *11% 34 *173% , t Lota Highest —25 Lite Savers Corp 1,162 - ' 23 Va 23% ■ % 23 *21% 23 23% 60 Lowest Par 500 V2 *29 174 174 174 *21% 11 34 "33 173% 173 % 173 % 173 »/4 % 59 Va 60% 59% 30 *29 31% 58 100-Share Bnsis of On STOCK Shares short per 58% *30 *58% S t per short $ per shant share per Range for Frevioha Range Since January I STOCKS EXCHANGE the Week 18 Dec. NEW YORK .Sales ior Friday ■ Dec. 17 Dec. 16 15 Dec. Thursday Wednesday Tuesday . PRICES HIGH SALE AND LOW Monday Saturday i .... 2195 FINANCIAL CHRONICLE 1 * •THE COMMERCIAL & Number 4135 Volume <156- M ' 19 19 39 130 *124 130 "18% "124 28 27% 28 27%' .20 19% ' 19 Tb 19 Va 19% 19% 19%' 9% .9%- 9% 9% 19 Va 19% ' * ' 9 Va • •1 5% ' 14'A " 13% 1% 2% 3 3 7% 8 D Va 5) Va 9% 17% 17% ■ • 1.7 Va 17% ' - 3% 3% 31 Va 8 9% ... •. 22 Va 31% 21 21 % 20% 21 *102% 37% 37 Va 37% 37% 274 2% 2% 2% *98 12 *12 105 - 20 105 104 23 % 23% 23 Va *8% 8V.i *8% 8% 11% 103 Va *8% 23% % *8% 8% *34% 35 % 14% 15% 8 35 35 35 14% .14% 14% 14 % 14% 109% 109% 109% *34% 35 14% '35 35%; 15% 6% 6% 6 5% 6 V6 6" 66 66 *04 % 68 *64'A *62 67 *55 00 *55 58 '4% 4% "4% ,26! 27 "25% 57 - 4 "a 4% 4% 26% 26% 26 % 26% 20 68 "■ ' • 4Va'.. - S6 > 300 ,• 4% 4% >■ f 3,000 v Melville Shoe 1,400: Mehgel Co 26%"-/; 160'; 26 %; 26% 5% -conv . 33 *5% 17% . 1774 3074 30 3074' 30%' X24V4 24 74 24 2474 24% 25% 5% 57a 5% 5% 5% 18% 1974 .18% 1774 17% 19 % 106% 5774 57 % *107 % 10774 106 7o • ' 58 57% *10774 107% *110 113 197t. \ 10774 :■'■ 57% 10774 19% 57% 5774 : 110 ' 5774 *10574 " 274 2% 02% '2% 61% 13% V 13% " ' ■ % 7m *% "74 . % .: 27« 27« 16'!« 17 28 Jun 2 100 Nov 25- 90 Dec 107 Mar 6 8 May 12 3 74 374 3% 3% 3% 1774 17% 17% 17% 17% 3 85 85% '■■■> % 85 ' 113% 1.07% 85 V* 121 *118 121 *118 107% 82% *31 36 36 9% 9% 934 • M':,b 11 Va 11% 11% 22% 22% 22% 22! 22V4 22 'A 22 2% 27a 2%' 2% 108 74 Jail 6 10374 Feb 109% Nov ,■24% Dec 5 13% Dec 25% Jan 9 9 35 % Dec 18 17 12 • May 20 *J37« 14% *14% 58 57% 57% 59 % *111% 114 *111% 14% " 5% 5% 32% 32% 1117., 114 1174 22 V4 22 ,6 Oct 24 3 74 29 Oct 13 Oct 6 Vb Dec 2174 Feb 29% Sep 7 14 Feb 3074 Apr 16 14 24 Dec 37 Jan 19 74 Dec 18 13 Mar 23 Va Oct 13 17 Dec 10874 Nov 16 86 Dec 5 9 74 Dec 18 34 Nov 108 Oct 9 111 Oct 24 3 74 Dec 18 15' 33 74 Oct Dec 16 30 800 500 ." 55 5 4'A ' 54% 147V 14'A 59% 115 5% '574: 5% : 5% 33 Va 1,600 10 114 *112 ' 5% 32 31" 3 3 3 3 ; 57B 6'A 2,400 'r 31 31% Nabco 200 "" 60% *112 260 1474. 60 . 16 Vb May 18 1 881/4 Apr - 30 2 '35V4 Jan' . 19 X10774 May 19-, 21 27% May 474 ■ 974 Dec 105'% Dec "l5/* Jun 1774 July Jan 38% 125 Jan Jan 45'/a 112 Dec Oct 4% Jan Dec 7974 July 874 Apr 28 1474 Nov 7 974 Feb 1574 Jan 2 174 Oct 9 % Oct 174 Jan 2 474 Oct 24 Oct 26 Jan 7 12;'A Feb Mar 67 18 27ik 91 May .15 May 8 66 52 4 July Aug Aug 12% Dec 17% 77 Feb 94 Sep 10 112 Mar 118% Oct 26 115 Mar 123 102,'% Apr- ,28 11074 Jan 6 24 34% Dec 120 May 112 . Oct 1 374 Dec 1 117% Feb 110 2 Sep 113% Oct 24% Dec 39 % Jan 35% Dec 43 % Jan 21% Dec 30'% Aug Oct 20 5% Dec 12 Jan 12% Nov 9 9% Dec 1774 Jan 2574 Jan 20 1874 May 24 74 3% Jan 20 63 Feb 4 17 - Sep ,11 Jan 2 UV'a Jan' 7 50 Jun 29 74 Mar 25, 974 Apr 23 class B._ 10874 9 Dec "11 20% Aug 27 / , Aug .42% Mar 12 Aug 26: 36 ——1 $7 preferred———No par Muusingwear Inc -...No pair Murphy Co (G C)———-No par 4% %-■ preferred.'—.uu—u. .100 Murray' Corp of America.——10 Myers (F E) & Bro No par Mullins Mfg Co 800' 274' 27a 12V4 Mai' 12 % Jan 7 VB Jail 17 2 Co Aug Feb , 11 Brass July 3374 Apr 1 % May 82 71 Dec 54 3 .2 Jan 974 July 70% Mar Mar 24 Feb Jan 6'A Jan Mueller 1,200 v , Jan 77 12'% Dec Corp.—— 109% Dec 7.2 —50 No pur "—5 —-1 Wheel Apr 5 32 23% Apr Motor 101% 7 8 .57 % Juli 12 6 series R_—a—-No par Essex—i 5 27, .< Co..' Motor Products Corp Sep Jan 7 % May ' ' preferred series C—*__Aro par Morns •& ■ 1,300/ *59 11174 *5% .11% ' : 1,700 274. 5374 *31''a 2,650 9% *1474 5974! 5% " 1374 22 *2% ,14% 33% : 5 Vn *32%- 36 .. 9% 13 . 874 108 15 Apr Sep Nov 110 Dec 24 103'/a Dec 5% 17 5 Sep 15% 9 % Dec 103 14 24- : 37% 774 Jan 1 Dec , 9 7-4 July Dec 2674 Dec '15 110 Dec 6 74 Nov 1674 Dec 13 • ' 53 53 55 *53 55 57% *13'% $4 Aug 3 Mohtg Waid &'Co Inc.—*_A'o par MorrelL "(Jl & Co__—, —No-par 18,800 ' ■ v 11% 11% 3 *32 . 9 3/4 ■ Preferred •• 250 / 34 33 'A 13V4 13 13 " " 12% 4 60 - V 10774' '107'.'a . „ •33%" *32 36 *31 9 % 11% *53 120 16 21 —10 preferred—No par $4.50 ' 32% *11 Va *2% 114 Dec 17 u—_—No par 'Monsanto Chemical V, 2,000 14 74 May 1274 21 preferred series A_v_—-1100 Carpet Mills——_____20 T'/o > Jan Dec 6 Apr Mohawk 900 " 160 *111 *118 10774 107 /■ 3274 13:l» 9 9 9 , 1 118 118 1077% 32% 36 13% 13% 13% 112% 120 *106% 107% 31% ' 32% *31 -112'% 4,400 88% 88% ' 107% 32 87% 86 Va 112% *118 - lil-. ' 86 112 Va 05 113% 113% kl' •,. Apr Jan 1274 Oct 21 14 22 Vt Jun Co.I—No par 1— -Mo-Kah-Texas RR Jan Dec preferred_u—'—a—No par Corp— —. ¥—10 S6.50Mission 1,300 17% 17 ' ■ - • Sep 2% Dec 15% . 474 Dec •• 900 ' 6674 Dec 27 20'/a, Jun Copper. 2,100" 13% 1:, • *. 11,800 ■'», 64 ;■ i3 %' % 3 1674 3 1674 • 1 50 74 74 , 2% '2% 1674 ' • 130 " 3%. ' ' " '63%' 1374 ! :t 2,600 113 .3 .,' 3 Vb 62% ' 59% , '*110 13% u 190 , *105%'110 113 274 1374 ' ' 58 62 62 *60 00% 13 % 1374 1374 13 74 12% 60% 1,500 * " ' ' ' 110 *110 3 27a 3 2% 01% 2% *61% 113% 58 *105 %" 110 110 113 *110 113 108 -• ' Aug Nov 55 *.. ,—7au5 Mid-Continent Petroleumi——._19 Midland- Steel Prod^,., -*.No" par '8% cum 1st preferred. ul00 'Minn-Honeywell Kegu—,_*__No'' par4% coiiv pfd series B.."——100 4 'A % .preferred aeries C_ 100 Minn Moline Power Impl__ ua.1 '' Sep 176 22 >64% Oct Mesta 12,000 / 19%; Sep 3174 . 5 94 Apr 6 x'574 Nov 25 Co_r—_ Machine 1 10 Jan 28 Dec 40% Jan 28% ; Sep 12% Jun 171 7 ' 3,700' Miami May Sep 32% j 24 5%Jmv 2,200 ». r 20% *107 :• 107 - *11.0 5% Mei'ch & Min Trans 300 4 < 26% ." 20 ,~20 107 107 ' ' "18 " 19% 3 9 711 *106% 57 74 74" 18 1774 107 " 107 5% 17 '11, 19% 19% 1067b 19% 10674 31 26 VB 5(4 17% : *30%' 3174 a 5% ' .5% 5 7« V *30% 25 7 2574 26 26 3174 *30!/,, 31% *29% 19 Jan 17% Dec 21% 46% Jail 4 " ' Dec .2474 May 13 374 Nov Dec % 374 6 Jan 176 29 Apr 101; (The)'—_u__.__.__—.1 1st preferred..——50 ' X20 6 974 Jan ...a_-1' Corp.—... 11 6 674 Jan 27% Oct pfd ser R w-w ....fc_No par y. • - 7 Jan 11% Dec 374 14 ; Sep 5% • 6% Jan' .100 Nh par ... Dec 26 74 Jail Aug 174 May Jan 274 21 10 preferred series A..U—A'o par £5.50 ;• 28%. 28 % 28% " 28 % 4 26 26% a g7 ' 28% 28 28%. 4;'a 4% 69 57% - 28 % 28% preferred. conv 74 5 Dec 774 14 '' 68 60 28 % 6'i'c Mead Corp 3.800 / 6%, .*•64% 69 *64 % 60 '55 28% 600; , " ' "06 28% ■674V 104 21 12% Jail Apr 20 474 16% Apr Nov 18 —,-.--1 ■" Feb 5'/a. Dec 74 Dec J—_—No par Co Stores McLellan 1 Va 1274 9 9 74 Aug ^preferred-—A——a 100 5'A % 200' •< July 26 74 Nov 9 Mclntyre Por.ciipine Mines——5 18 McKesson &; Robbins Inc 7,600 111 *100% ; 31 2974 Jan 76 r..A Co_i McGraw-Hill Pub .Co 1,000 ; )■ Elec Dec July 28 Stores McGraw 600 < .15% 6% . 104 *100% 104 100 35% , *109% 112" 2,600 19% 174 Jan preferred—i.—No par Corp. .__._-.__l McCrory Stores Corp ———1 5% conv preferred———100 3,700 8% 35% 15% 15% *109% 11% 28 13% Sep par $6 1st cum McCall 3,700 24'A 8% /- 10 V v Aug Aug 31} {31 preferred........4-4—No par $3 .600 ., V 106 2.4 8% ' 12 *102 " 24%, 8% " 6%' 67 b 5% : 111" *100% 104 5% 57« 5% 6 "5% *100% 104 *1()0% 0% *6% U% 6% 6% ."0% "100% 304 •i.09% 110 110 ; 103% * 24 20 ICfl ' 1474 19 Va 162 Maytag Co: Feb 19 Stores—!_——*10 Department May ' 17 _.___100 preferred— 1% 11 11% Oct 2 8% Apr Alkali Wks._-—No-par Mathieson 1,000 11% 11% 11% 103% 23% 23% "108 11% *102% 11% 11% t 2,600 12 12% 12 74 " *98 101 *98 2274 May. .1 - Sep 22 3% Jan 2 474 Jan • 2974 18 4 Dec ,5 17% Dec 26 74 Mar 27 274 Jun Jan .138 3574 16.74 Jan , Dec 23 s/. Apr x6% Dec 2 -Co.,——i—i • 2% : . 20 20% 20 . 12% 12% 2% May j 474 Jan* 30 274 May 22 .5^ par Corp—...j—.Aro par Masonite Corp^„_.—.—No•' par Master VElec Co—1—.—V —1 4,200 i 38 VB * 37% 2% .;—No ; Martin-Parry 700 f 1 ' 11: 27% Jan Dec 19 1 Co. (Gleriii-"L) Martin 3,800 10 ' 20 *98 *102 104 *102 20 12'b 23 •< 13% Jan ; . ' ' 37% 2% ■ / 4 * r. *162% —<>-••1 37% 37% ■.'' 2% ; 23 '22 %■ 22% 21"% ■ 33'A 6 17'A May 20 3 % Sep 4 « 3,000 9 Va Nov 131 1174 May .18 " *22% : " 105 12 11% 11% 11 'a 104 "34 Va 164 *98 - 12 Va 23 V» -v' - *162'A *19 20 *19 20 11 Va 21% 4% ' . '32% ■22%"'"' 2% '2% 2% -4 . :10,000 18 17% •32% ' 22 Va 37% 37% 37 1,630 ;, 30 21% Jan 1 r-25 Maracaibo Oil Exploration 1 Marine Midland Corp : 5 Market St Ry 6% pr preferred__100 Marshall Field ,& Co— No par . 5,900 X32 2 , Manhattan Shirt..-——, 16,300 8 'A 9% "■ ' 32 ' 100 11% . 164 164% *162 % 104% 20 ' 4 Vb ' 104% '100 17% Bros: 27 35 74 Jan —!Q 'Copper...; Sugar 500 8% 32 2IV a 20% 21 "302% "302 '.'3%' 22 500 7 i l% 3 ; :• 9% A< '22 ' 31% 22'a ; 4 . 1,500 ' "2%. 9% 17% 1:3% *1% " *< , 8 9% 1'7%'' 3% '4 *3% 31% *21'% r" '• : , 2,400 1 Magma 'Manati Maudel 2,500 ( G '/a ; • *13 ' Vb •'* 8 9% 1774 22% *21% 3 8 3% x574 "• 1 Va" .* x2% 3 VB 9% - 13Va-' 1% *7% V 31 % 31 • "22 13 Va • "20 74 / 3% 6% 900 / 7 < Madison Sq 19 Jan 7 177a Apr Co Incv——i.No parGa.rdenV_V-4^—No par Macy ,(;R H) 4,600 i 10% 10% " t 3,100 12 27 124< mrn ..100 Inc.—-No par Trucks Maclc Apr 2674 Dec 15% Apr —10 "Forbes & 6% .preferred—,— ( 19% 20 3%" 1% 3 ". 17%, 17% 3% 3% 31% ' 3 8 9%' 3 8 9% ' ■ 3% 13% 1% * 10% 6 .6 *13 13 Va *1% -774 3 " 13% 1% ' ,5% .5% : •MacAndrews 700 ,• : 28 Va < 19% ; 19% -.20%" 3% 3% *5 Va •lVa 3 3'% 1% •.<• 3% -3% 5% *5'% *1% . 19%,, 19 3% *9% * - "13% . V 19 Viz "37 4 374 "5% • 19% 19% "3 9 'i 3% 9JP4-" .*«% 9% i" 28% 28% " r.v% 19 Va 28'/a 19% ' 130 *124 * .27% : '28 VB ' 28%' 130 > ' 20 -!9%- • * ' 28% < *124 139 *324 130 *124 19% 't 19% 19% *'19 19% *19 > • 174 74 Feb 46 July 15% 974 May 8 Dec 474 July Dec Nov 6174 Apr 74'% Sep 6 ~4 Dec 8% Jan 7 34 Dec 51% Jan 1% Dec 1974 Deo 3 Dec May 6 10874 Sep 18 6974 Jan 6 1,1174 Dec 16 474 Jan 2 6 % Nov 30% Jun 2 39% Feb 174 Jan .'6 3-% Jan 2 49 N ' 6 5% 6 3% 57,, , / 3 3 6 ■ 57b ■;>: 6 6 6'A '4 22 "< 22 22 2,2 22% 2274 22% 22% 22'A » 15 14% 14 T# 147,, 15% 15% 157V I6V4 16'A 4% 4'% 4% 15% 15% • . 3 8% 4% *8 Vo 87b 8 8'/b 8 8'A 8 Vb 8 Vb :•'/' 8 8'A 8 Vb 874 15% 15!,, 10% 15'/« 15V4 15% 1574 *0 166 165 15 15 5% 5 187u 18%, 12% *136 19'A Nat 8% 3,600 National Cylinder Gas 1474 12,700 7% 7 % 6% 14% 14% 67'i, 7 Via 9% 24 *9'A ■ 25 % *15%. lTVa 16-'A 5% 5%, 5 "a 5% 5% 5% 65! a 65'A 65 V, 05% G5»% 65% 16 VA 12% 141 *160 < *15% 13 17% 1:274 12% 165 *160 164% 141 • *139 141 *136 1374 1374 *33 74 34% l7-4 139 1 % 1374 34 34 14 1374 3374 2% 2 2'4 2 74 138% .14% 274 50% 18% 13% 13% 13% 5874 5874 *58*74 64 74 ■62 ' 63 % '•■ "2 5 74 574 - 5974 637b 50 74 50 % 5% 5 5 74 5 5074 50'% 14 14% ■ *58 6274 ' 59 74 63 74 5074 574 •5'A 14 74 X58 14% .57- x56 !4 -■ 6 57 "59 '4' , 3 *9% 3 (i 7 4 74 *37% 41 6 9 74 9'4 *1474 • • ... 15% 15 *73 15% *73 1 27i, 6 / 9 "4 9 Va *1474 *109% 3 27,. G 74 74 !4 *73 *37'4 4074 39 *10974 *100'4 •274 0 '*.274 6 3 '2% < 974 *14% •1574 *74 39 *37 — 3,950' 6 ' 1,100 974 9 74 T 9% *9 74% 974 1 , 15 15 74'A ■ .74% -- 40 ' 27 - 500 1574 ' 7474' *3774 40 - . 40 ' 100 • *10974 *109'A *109% 15'% 74% • -■ " *3774 '40' 600 ■ 25 74 074 25% 974 25' . "0% 2574 25% 9% 10 25% 10 16% 16% 16% 17 10% 16% *9374 94% 93 %» 93 74 94 94 For footnotes see page 21°9. 2574 9% 1674 *94 2574 10 Va" - ' ■ 25% 10%- 27' :26% : 1074 * • 1074 - •' 3,900 1074( 11,200 7,600 1774 xl6'A 17% ' 1774 1774 ' 95 *94 95 94 94 300 preferred-.*— vlOO 'National Tea Co—_——r—No par Natomas.Co .V. —u—No par Nchi Corp .—1—No per Neisner Bros Inc. —1474% conv serial pref erred... 100 Newberry Co (J J) No-par 5% preferred series A_! ,100 Newmont Mining Corp— —10 6 3 * 9% 15 490 i 6' 3 74 6 6 6 74 74 ; 500: * 3 <--25 Supply (The) Pa.—_u__10 £2 conv preferred..—. '__40 5Va % prior preferred— -100 National ■ prior <—1 Newport Industries., N'port News Ship & Dr $5 conv preferred Dock 1 No par Jan 7 74 Jan 5' 8% Dsc. 10 9 Jan, 16 May 5 16% Oct May Jan 8% May 17% Apr . - 374 Apr •60 9 Jan. Dec 11 1374 Dec 18 74 Jan 16074 May 175'% Jan 5% Nov >17 ' Dec 11 Jun 1674 23 374 Dec 7'% Feb 10 74 Apr 25'% Sep 7% Nov •' 974 Nov -21 , - 26 24 , Sep 28 17 18 Nov 6 11 - Sep 874 Jan Jan 5 5874 Dec 93 74 12% Dec 19% 168 129 146 Jan > 7 14- 28 36 -1 % Apr 16 NOV Dec 176 138 Nov 154 Jan 24 Ju._ 1474 374 Jan 5 54 6 Feb 2% Dec 42 Oct 21 May 14 Dec 26 23 43% May 28 Sep Jan 160% 1774 Mar 17 29 74 Apr 74 J a n 48 4 2074 Dec 18 16Va Jan Sep Dec Mar 72 Sep Sep 67a Dec 28 25 6 c 8 374 Mar 17 Deo Jan 774 1274 May 13% Apr 1474 July Dec 1574 Aug 25 • 30 9 145 1174 Apr Jan 974 Dec 10 x Sep 17'% Dec 3% 16 9 74 Jan 1274 27 19% Nov 2. 2 2 Dec 674 17 166% Jan -14 Oct 21 16 1 4 5 Va 74 Oct 23 12 Jan 29 ?—4 No par National Steel Corp - ' —, 2374 Dec "1474 Mar 17 St'l Cast Co.—No- par LtJ^..: 3,100 4 - preferred B -100 '-100 Dec 27'b 474 Jan ——10 Lead Co.:— preferred aa— National Power & 18,100 Va' 61% ' 60 < '■ ' *6 .57 ■ preferred.i..—No-par National Oil Products Oq » ' ; 57 58'% ' G7e 8,100 6 VB 147b 1 14% '14% " 58% - - 7% -Nat Mair& - 700 23,600 52 51% * < 6 .574 *54% - 30i 3,300 - 274'- '274 National 100 34' 34 5174" -14% ■ ■' 1474 £4.50. conv 18,600i f< 142 National < 1374 9 13 / Nat. Bnam & ' " 50% 50% '• 14 -1474 2'4 ' 320 26 5% Nov 674 Sep 16 preferred—.:—J,,10 FredNo par, Stamping.—a—No parGypsum Coa— 1 19% Oct 1274 Apr Nat Distillers 23,7001 161%' *139 74 ' 34 *33 Va 674i 13% ■ . ' 5074 < G % 100 66 Va' *160 ,14% 2% 7,500- 1874- 66% '. 162' 3374 •r 2574- ; 1374 1-62 ■ 100: 6 74 66 % 13874 -- '974' 6 'A - 13%" . •" 139 13% 34 *33! 4 174 - 162 13% 13! 4 13% 1274 *160 * 9 74 , 19 5% 65 Va 2,200 Sep 26 Apr- 24 1-1 Co_._._J—_1 Daii-y Products—u_a—-No par National Dept Stores—,.No..par 25 74 : 257 b 25 *16Va 7 23% 374 Jan Nat *16% 9%" "8'A 9% 24% 9% 23% Cash 4,800 374 1474 Jan 1274 Apr 23- Corp——No^ par Corp...—-,——-—10 Register^.—a—A'o par 874 1474 140 Can 14% 2 7 6 74 May Share & 20 574 Jan , 574 July Oct 13 % May 3 x 374 July -14 29% Nov % May 27 "10 preferred—100 Bend National 8% ' 13 16574 19'4 Nat 4,400 14% • 5 Va *160 19'A 8'A 6Va 10 66 Va 187b . Corp...— 8',8 187',r ' 23% Tc/c 200 ' '57-8 14'% 23':, 16'/a 5 V2 6% *9% 12,300 V 300 *157b •55/a 14% 10 9,800 16%' 1574" 5'A 6% 24 1,700- 168 *163% 168 1574 14% *9% 5 Va 18V, 1637b • 800 5'A : 6% . *65 % 8% » 7 15%' 15'A - 74:: 15% 14% '14%%; *22% *15 Va 5% 187 b 0% " 8'A 8'i. *15% 5".i . 165 165 168 10 a 474: .5 Nash Chatt & :St. Louis—.—100 National Acme Co.——————1 Nat Automotive Fibres Inc.—.1 6 % conv preferred —10 National Aviation Corp.'. —5 National Biscuit Co.———A. 10 3,800 - 8 0% 18%' : 8% ,7 7 4% 8% 0% 5!'« 18% 8 VB 3 4% 4% 8% *14! 16 5% 5 ■4 4% 166 168 *1474 > n 15!,, 8% 8'b 81 8% 8 '/» *4% 4% 8 Va *165 160 2274/ 14 7 Liquidating Co.—_No par Nash-Kelvinator 11,500 15 ■■■;" % *4% • A 22% ■-;- *22 14 i *3 3 57H 3% *3 3 • . Dec 4 ." Dec 8'% Feb , 36 Dec 774, Mar 6874 Jan 774 July 16% Nov 1674 Feb 25 63 Feb 6 <41 Feb 68 Sep 4574 May 22 70 Feb 5 43 Feb 75 V3 Sep May 19 ,274 Mar 30. Oct -21 2 Dec 5 4 474 Oct .10 9 % Feb 6 8% 7 974 Dec 46 6% 15% Dec 18 75 % Sep 15 3974 Dec 4 974 Jun 51 5% Mar 11 Jan 10 5- 70% May 26. 28 104 Apr- 27 Mar 10 109'% July 27 17 30% Feb 16 7% Apr 28 11% Jan 12 22% Apr Oct Dec 974 Aor 1074 "Dec • 69'% July 3174 Dec 105 Feb Dec 11% Nov 22% Apr 5% A or 1574 25'% Jan 2 19'% Dec 93% 109% Jan 9 106 74 Mar 17 July 79% Dec 45 74 Jan 110 Jan 3174 Jan 11% Ausr 27% Jan 116 Julv 2196 THE COMMERCIAL & FINANCIAL CHRONICLE NEW YORK STOCK LOW AND HIGH SALE RECORD PRICES STOCKS . Saturday Monday Dec, ,12 I I per share 24 Va Tuesday Dec. 15 share t per share per 24% 24% 25'% 25% 10 10 10 10 12 12 12 36 36'% 353% 36 14% 14% 14% 14% 15% *14%. 5 5 5% *4% *4'% *13% 14% *12% 143.u *63% 65% x61 Vb 61'% 90 *87% 95 90 28 27 28% 3/8 r» nil 3/8 1% 27'% 1% * 19% 19% *22 111 9 51 49% 9% 10 9% 6% 107 107 *107 34 8'/a 8 Va 4,300 *4% 5 *13 5 5 Vb 14% 143/a 62% 62 % *88 95 *88 95 28 28 *27% 19% 23 Va 157 •112 9Va 50% 10% 28 49% 48 9Va 22% 162 *112 2,285 113 9% 10 Va 52,800 50% 50% *48% 49 48% 49 lOVa 10 lOVa 12,200 92 Va 92'% 92'A 50 15 15 Va 35'/a 3Va 8 Va 8 107% *107% 15% 15% 35 Va *34 3'A 34 Va 7% 15% 3%. *32 7% *107 35% 3 '% 34 7 Va 7'% 8 Va 8'A, 8 7% 120 15% 1,800 35% 180 3 V4 2,600 3'/a *32 Vr 16,600 108 *34 3'A 34 34 34 8% 6 25 N Y 1,100 4 15% Jan Jan 18% Aug Feb 47% Aug Dec 24% Jan 8% 4% May 5 May 20 109 Feb 3 45 54 8 Sep 18 Oct 106% Dec 112 Jan 110 38 Jan 8 Apr Jun 115 Feb 60 6 * Jan 26 42 % Deo 53 Oct 10 »> Jan A 2% Sep % Oct 23 A Jan 1% Feb i« Oct % Jan 30% Jan 2 23 Va Deo 35 Sep 7 19 Dec 32% Jan Aug ■ A Jan 3 % Jan „ 2. Va Jan 19 5 14 Jun 3 . 15% Apr 29 3 23% Jan Oct 100 143 Mar 26 192 Jan 14 179'/a Dec 215 ___100 108 Mar 10 116% Sep 29 109 Feb 119% 6% Mar 31 11 Va Nov 9 9'/a Dec 17% Jan 52% Jan 26 50 '/a Apr 58% Jan 57 Va Jan 17% Jan ,,10 6% preferred series 5%% preferred series 50 39 25 39 50 Apr Apr 29 ,_1 9% Dec 10 14 Jan 6 50 85% Apr 4% Jan 14 96 Jan 31 2 8% Nov 2 2 110% Sep 9 53 Jan 27 ' American Aviation Northern Central Ry Co Northern Pacific Ry, 100 tNor States Pow $5 pfd No par Northwest Air Lines No : 100 8 Apr 50 14 16% Dec 31% Apr 27 No par 1 Jan 50 20 38 * Deo 10'/a Dec 93 July 3% Dec 107 1 Mar 10 Feb 18 34 Oct 14 10% Jan 6% Apr 29 % Aug 113 Va Nov 21 14 1 Oct Jan % 6 Sep 8 Jun 34 6 7% Sep 2.50 Oct 98 Dec 7% 2 3% Oct 20 Norwich Pharmacal Co,,. 50 Va x Jan ' Apr par Telegraph, Norwalk Tire & Rubber Preferred 15% Dec 12 Feb _,_1 preferred,,, Northwestern Deo 23 110 100 North American Co North Dec 7 Jan 6 15 23% Dec I per share 26 15% Feb May 25 60% Dec 100 A 2 Feb 15 80 100 . Shipbldg Corp part stk Adjust 4% 10% Jan 100 preferred,, 11 12% Apr ,,50 tNorfolk & Western Ry____ 10 8% 35% Dec ,50 preferred tN Y Ontario & Western 1,100 9% 14% Conv 800 *92'A , non-cum tN Y N H & Hartford 60 10Va 51% Va' 51 100 No par Noblitt-Sparks Indus Inc, 163 9% 107 *8 Va *22% 5,500 92% 107 35 21 VB 9% 107 3 '% 700 *92% Va 7 *34 '% 10% N Y Lack & West Ry Co,,, 1,900 A 20% 112 13,200 9 Va 48 Va 7 *32 ' 380 Vb 1% 6 Harlem RR Co__,__ ' *507/8 9% 51 Va % 13 par NY & 1% 5 12% OCt 11 Highest per share 17 Va Feb par 10 f 32% Feb No 260 I per share 23% May 21 6% Jun 24 ,—No 5% Year 1941 Lowest 11V2 Jun preferred,,,™ New Range for Previous Lota Highest 100 Omnibus Corp York Dock 95 * 161 112 200 100-Share par preferred series A *27'/a 23% 158 Va 113 9% 51% 93 *22 Va 23% 156% 6% of I per share No par No NYC *88 . ' 20% 400 Brake,.* N Y Chic & St. Louis Co 64 A 20'% 5'% 62% . Va 20 VB *22 113 A . 19% 156 Va 14% 8V4 Jii 600 15% *14 28% - 12% *43/4 143/s 61 60% Va 107 34 8 Va 4,500 153% Vi 92 '% 3Va *32 37'% 14% 1% 67/a 34 3 Va 3 33% 363/4 143/4 % 9% * 15% 34 34% 3 '3314 37% 14% 1% 49% 107% 15V4 15% 0143/4 36'% 14% % 9% 7 (i% 36% 1% *51 93'A 7 York Central w *112 9% *92'% 9314 York Air New 1% 155% 49% *92 New 32,800 ?,i *22 51 Va *49 '% 2,700 11 *12Va 1% 19% 9% 51 28 10% 12% VB 113 Va 52 27'% 10% 12% A - *51 273% 10'% 1 Va 157'A *111 Va 9'/a 9'% 23 155% 26% 12 Basis Lowest Par 10'% 5 28 % On Shares 26 xl4% 95 iisB 19% *22 23 111 . 19% 157 1565e Vb Range Since January 1 STOCK 36 14'% i'V 1% 1% '* ft Va I per share YORK EXCHANGE 10 61 27 I per share NEW the Week 12 14'% *88 Sales for Dec. 18 26 VB 60% , Friday Dec. 17 per share $ 12 35% Thursday Dec. 16 26 10 Va 12% 10 *11% 3534 Wednesday 11 Dec. Monday, December 21, 1942 40% Nov Dec 2% Jan Dec 7% 27% July 13% Feb Deo O 11% 11 >4 Va • 11 llVa 11% 11% 11% 11% 11% 11% 11% 12 Va 27 27 27% 28 28 28 28% 28% 30 1 27 27 27 3% 3% 3% x67'% 69 *68 *3% *142 27% 45! '% 5 2',4 5 3 '% :h4 *3 Va 1.6 Va 17'A 16% * 146 Va 142 Va 3% 1,100 *141 Va Otis Elevator ; *141 Va — *27 Va 30 *27'/a 30 49 *45 49 *45 49 53 55 54 8'% 5%. 7% 5% 52% 7'% *7'% 13% 7'% 7% *12'% 23 23'% 23 23% 31% 31% 313% 31% *18 18'% 17% 18 17% 18'/4 *91 9 91% 9 l'/a 92% 93 146 Va 146% 146% 3% 3% 700 6% 580 Pacific 22% 260 1st preferred 14% 14% 470 2d preferred,,,, 14 15 *12'% 14 ,*12% 14'% *12% 14VB *12 Va 14% Pacific Finance 23% 23% 23% 24% 23% 24% 5,600 Pacific Gas 31% 32 31% 32 31Va 32 2,800 Pacific 18% 183% Ltg Corp No 18 Vs 18% 18% 18% 1,600 Pacific Mills™ 93 No 93 *146 147 14 14 x92 92 *146 OQO 2% 2% 23% 24'% 2 Va 2% 24 23% *7 7% *7 105% 105% 1% 13'tt 36 3,4 *36 .'/■ 147 1—4 118'/a 3% 6,200 8'/a 8% 8% 8% 8% 1,200 2% 2% 2% 2% 2% 24,800 Packard 24% 25% 24% 25% 37,000 Pan 105'% *1% 16% 117% 7% 105% 1% 1% 37 Vb 101 117 16 1% 118'/a 16 520 2 101 1 Vs 27% 27% *15% 1 1 Vs 16% 1% 24 % 59'% XII8V2 119% 1% 1% 1% 28 28'/a 28% 29% 5,100 *16 16% 16% 16% 200 1% 1% 1% 700 1% l VB 22% *58 78% 1 Vb 23 Vb 23 Va *58 79 79 3% 3% 3% 3% 1% 1% 1% 1% 1% 34 *33 13 Va *12% 22 21% 21% 21% 20 18 *453% 45% 45% 1st 27'% 2638 27% 27% 4% 4% 4 Va 37% 19% 19% *22% 24% 23 *5% 5 % 5 Vb 22% *22% 5 * 7% 7 Vs *8% 43% 71% 104 % 109 7VB 79 43% *2% 3% 9% *8% *140 *168 175 *4% 59 *140 *168 3% 34 58 *8% 9% *140 175 3% 4 3% 5 *4% *168 4 *4% 5 58% 23% *56 23% *57 24 *4% 58% 64 7% *147%' *147% *1% 2% 12% ~1% 12% 12% 7 3% 34 4% 59 9 __ 175 4 5 58% 24 64% 7 *147% 1% 12% * 1 7b *56 24 64 7 Vb 7 Va B 3% 24 64 64 *63 Va *6 7 12% . 18% 58 1,700 38% 39 % 39% 40% 910 20% 20% 20 21 590 5% 1% 12% 12% 23% 23% 200 14% 8,300 72% 72% 1,300 105% 200 *108 109 *108 109 7% *70 VB 7% 79 43% 43% *2% 2% *62% 17% 3% 33 4% *2% 4% 4% 18 2% 100 65 40 18 Vs 400 8% 8% 9 3% 4% 5 9% 600 9Vb *140 175 *169 3% 4 5VB 5% 175-" 63 Va 7% 58% 60 25% 1,160 64 64% *64'/a 65% 7'/a 7% 7% 7'A '147% 1% 13 1% 12% . 270 1,000 ■ *147% 1% 13 1% 1 % 13% *17% 18% 500 > 2,300 1878 *18% 18% *18% 3% 3% 3 'u •'« 3% 3% 15% 15% 15% 15% 3% 3% 15'/a 15% 4% 6% 6 Vb 6% 15% 6 % 15% 2,200 6% 6 VB 15% 15% 15% 15% 4,700 6% 6% 6% 6% 6% 11,100 6% 6 % 6% 6% 6% 1,300 *6% 6% *6% *23% 24 % *23% 49 "8 49 Va 49 Vb 6% 24 49 Va *120% *120 10% 10% 10% 72 % 84 72 84% 71% x83 110 115% 115 % 25% 25% For 49 Ve iT'% 71% 23% 49'% 121 lf% 72% 10% 23% 49% 121 11% 4 23% 49% 121 11% 18% 4 Vb 23% 49% 121 11% 4 23% 49 121 11% 100 23% 600 49% 6,400 121 110 11% 17,100 47% Dec 17 363% Jan 54 2 2 % Oct 6 % Dec 6 28 Vb Dec 1 18% Dec 26 7% Jan 24 36 Apr 28 51% Feb 7 41 Dec 11% May 60% July 18 May 26 29% Jan 24 17 Dec 38 27% Jan 7 21 Jan Apr Jan 5% 5 Vr 2,010 t$5 1,480 t6% 720 t7% 110% 110% 220 8% 25% 26% 116% 26% 27 Ve 26% 27% Mar 100 . • 16,000 22 49 28 6 Jan 13 5% Dec 9 6 Jan 5 43/4 Dec 7% ,233/a Dec 35% Dec 1 323/4 Jan 1 40'/a Jan 14 35% Dec 47% July 763/4 Jan 30 69 Dec 91 xl4% Dec 17 7% Jun 3 24 " • 98 103 Dec 89% Sep Mar 110% Dec Jun 110 Nov 16 9 Jan 80 16 , 75 6 Vs May 12 May Apr 27 1% Feb 2 __25 6 May 15% Jan Jan 27 43/4 May Oct 5 44% Dec 18 51% May 353/4 Feb 3 Nov 28 65 Nov 16 25 3 19% Oct 5 No par No par Corp 4% July 2 58 Jun 27 6% Jan —100 100 No par < 100 Ry 7% Feb 15 I pfd—100 ___No 7% Apr 165 Feb 165 29 19 May 23 3% Aug 10 4 May 2 68 Jan Nov 13 165 23 Va 64 Jan Jan Dec 8% Jan Dec 6% 84 Jan Dec 13 Jan Feb 19 163 Aug 166 25 174 Mar 181 14 6% Jan 33% 4 5 & ,3 preferred 2d preferred conv Gamble 5 50 .%—No pfd fser of Feb 1 '29) Corp of N J—-—No preferred No preferred Dec 7Va Dec 9% 62 Oct 21 45% Feb 65 Jan 27 33% Jan 3 24% Dec 43 % Jan Jun 26 6% Jun 25 58 153 July 22 preferred Pullman Inc 3% May 21 70 Feb 14 10% Jan 26 6 Dec 15 July 22 2% Sep 21 164 Mar 164 51 153 4 2 8% Jan 3 6% July 7 22 Vs Jun 10 83% Jan 3 Feb 17 Feb 16 100 pfd $5——No par .—No par 21 Sep 7 42 100 ; 8 115 par Jan 28 Jun 20 100 par Oct Feb Jan 47 Va Apr par 100 preferred Pub Ser El St Gas par Jan 7% 46% Feb * July Dec 5% Jan 175 Dec 3% July Dec 4'% 6 Aug July 52 Dec 2% 27 21 ;:io% 9 77 46 % Dec 38% 29 38% Oct 1% x 14 3 May 25 26'% Apr 24 4% Sep 100 —100 Jan 72 105 30 43 12% 6 65 100 8'% May Jan July 107'% Mar 23 par ,,_5; 14 May 20 ,100 —No Oct 27 Apr 55 % Apr 3 May 27% 7% 28% Apr —10 —100 — Pub Serv 73 VB •114% Apr 5 1st conv Procter 95 VB 116% 4 5 Oct 75% 13 83% *114% 5 par 19% Jun 5% Jan 72 110 par 43/4 Dec 9% Jan 5% Jun 83 110 15% Mar Poor & Co class B + —No par Postal Teleg Inc preferred,w,No par Pressed Steel Car Co Inc— 1 5% Apr Aug Sep 2% Aug 30% July 21 94% 109% % Jan 25% Jun 73% 117 Apr 10 95% 109 36 14 83'A 25 20 Jan Aug 112% Mar 18% Oct 72% 2199. Dec 15% Jun 94 Va page Dec 20 108% Dec Pocahontas—No par Pond Creek 82% 25% 17% 6 17 94% 25% 2 23 Vb Jan 4 Dec 83 26 25% Nov 2 13% 72% 25% 2 , 28 94 "113% 3% 14% Jan 81 Vb 117 108% Feb 27 Dec 16% July No par preferred (The) 1 1 Jan 24 11% Jun 24 71% 109% Sep Sep Aug Jun Plymouth Oil Co 83 109% 3% 4 Pittsburgh & West Va 95 *113% Dec 1% .,100 $5 conv preferred 81 117 Dec 100 Pittsburgh Forgings Co.., Pitts Ft Way & Chic Ry Co 7 % preferred™ 95 *113% 14% 54% 89% May 18% Jan 100 Preferred 96% 110 see 49%' 6 Va. *6% *17Va Apr Dec 104 Apr 5 1 series, Phillips Petroleum Phoenix Hosiery,— 84 % 110 footnotes 6% 24 *1205/a 72% 95% 96% 96% 110 *6% *23% 18% 6% 43% Mar 73 -100 ,100 Iron 20 Jan .,*,100 Phillips Jones Corp & 29% Oct 1 52% July series Co Dec 17% Corp Philip Morris & Co Ltd—,. Pittston % * Aug 12 Philco Pitts Young &. Ash 13% 6 1% Nov Jan Apr Pittsburgh Steel Co,, No par 7% preferred class B 100 5 % ■ preferred class A,-™—,100 5%% 1st ser conv pr pfd 100 58 25% Jan 2 Dec 1,200 5% 58 25 20% Dec 11% Pitts Screw & Bolt 24 Jan Dec 34% 4,800 *56 30% 143% 21 ., 4% Dec 2 3 1 21 ' ___25 Pitts Coke 80 24% —100 Pillsbury Flour Mills,, Pittsburgh Coal of Pa 6% preferred 1,200 18 44 No par 1,400 4% 14 17 % Mar A Mar 20 13% Jan 2 preferred___50 1,100 58% 2% Jan 29% Dec 50 $6 preferred,, 3% *169 4 63% *17% Phelphs-Dodge Corp tPhiladelphia Co 6% 34% 4% 2 29 13% Aug ■_No 3% *57 Dec Oct 19'/a Apr ,■ par -i Co 34 Va 4% 18 l'/a Jan par No 3% 58 14% Apr Jan Pet Milk Co Preferred 4%% 95% 2 Jan prior preferred,™ preferred 34% 4% 115% 8 Jan 2 Pere Marquette Ry Co 7 % Feb 17 Jan Jan Dec 15 (Chic)™ 3% 58 58 13 *63 Va 1,100 14,100 123% Oct 23 par u 34% 3% 24% *1% 3% 44% 16 Va 44 tPeoria & Eastern Ry Co, Pepsi-Cola Co 4%% 79 2% 18% 24 Vb 44 65 *140 *56 109 8'/a *72 2% *63% 175 3% 7 8% 44% *17% *140 *169 *108 79 65 58 8% 44 17% 34 58 8 *72 13% Feb 30 23,200 105'A 10 Jun 24% 14% 8 28 Petroleum Corp of America 72% 17% Oct 37% 106 May 15 Pfeiffer 105% 24 7% July Dec 11 1,200 71% May %■ Feb 19% 32 2'200 xl4 99 2 —No par —No 5% *104% 19 15 5'A 13% 8 Nov 2% Oct Sep 5% 71% 16 101 14% Oct Jan 4 5'/b 12% Jan 1 5 % 71% Dec 10 7% Jan 6 Mar 100 % Apr ——10 ser A,, Brewing Aug 3% 19% ,,_No par Corp Cement,,; pref Dec 934 Dec Dec Apr 10 17 5 Vb 18% 18% Coke & 106 1% Jan Dec 5 Vs *104% 105% 4% 4% Dec 23% 23% 21 Aug * 60 5 Vs 23% Oct Jan 163 Dec 3 126 Apr 81 *23% 22% Dec 1% 15 5 Vs * 95 Jan 56% May 1 1% Apr 14 IV# Jan 2 24% 5 Aug Dec 11% Apr __10 No 5 23 19% 38 90 —No par *23 *147% 1% • Enterprises Corp preferred 5% 810 65 60 *58 23,400 4% 230 *62 Va 4% 27% 4% 36% *17% 34 27'/a 4% 66% *70Vb . 4%' 28 4% 36% 7VB 3 *3% 27'/a 5 Feb 2 ,™1 —No Co,™ Peoples G L & C C 4% 66% *108 43% *32% 1,100 2 37'% 17% 3% 46% 27% 20% Co__ Pennsylvania RRPeoples Drug Stores Inc., *1% 67 62% 4% *46 700 36 Vb 17% 33 47 % 18,400 65% 62% 3% 33 18 37% 18% *4% 23% 17% 67% 63 63 *17% 22% 18 11 28 1 Ford— (J C) $7 conv 2 39 & Coal 5% 23% 67% 71 79 *2% 3 *2% 19% 47% *106% Jan 9 28 ,100 Penn G1 Sand 37 7% 43 43 % 42% 5VB % *17% 600 13% 67 % 104% 109 *70 Vb 79 *71 71 105 7 Va 20 Penick *1% 4% 5 Vb 12 *106 27% 2 22% ■, 34 37 36 109 *106 1 % 38% 24% 67 12% 71 *106% l'/a 34 *12% 22% 36 *104% 13% 23 Va 67 105 1% 33% 22% 36 71 71 *104% 1% 33% 4% 5 23»/a 12 27% 5 VB *66 12% Penn-Dixie 3% & ' *12% 38% 19% 36 12 1,200 3% 1% 46% 67 36 *65% 1% 3% 13% 17% 5 22% Penn " 22% 4% 23% 5 5 Ve 22% % 4.300 17% 38 19% x5 3% 22 Va 27% 38% 19 Va Penney 46% 4% 38 Va 300 2,000 3% 40 Jan —1 Inc,™ Patino Mines & 59 81 33% * Davis 59 17% 2 4.100 Parke 80% 46 *1% *37% Va 25% Jan 26% Dec 147% 2 Sep 1 Parker Rust Proof Co,™™,„2.50 Parmclee Transportation—No par 58% 17% 2 *1% 2 *1% 22 25 11% 28% 20% Apr par ™100 preferred,, Tilford 81 46 Ve 46% 25 & 101 1 preierred— conv 53% *106% 21% 18 Vb 24% Dec 9 —_No Nov Apr 63/8 9 8% Jan Pipe Line Co_100 15% 4 % 2 8 Inc Nov Nov 19 6% Dec Cos 7% 25% Nov 5 80% 1% *106 *18% 24 5% Jan Jan Sep Apr May 17'% Dec 14 59 *12% 13% *105 - 1% 12% 1% 18 79% 3% 34 *12% 14 1% 33% *32 34 *106%. V *1% 59 78% 1% * , Dec 4 Oct Park Utah Consol Mines™. ! Oct 62% 148% Nov 25% Dec Park 4,400 27% 16% 3% *13 1% 27% 4 6 2 6% 100 *15% Apr 23 Paramount Pictures Inc., 1,200 17 27% 3% *32 lie *16 15% 59 78% 1% 17 27% 24% *58 ,78 V2 1% *16 Apr 1 % Mar 1% Jan 4% 23,600 15VB . 24% 59'% 78% 16 1 % 101 Panhandle Prod & Ref__ 16% *15 7b >1 *14 Vs 25 74 121 11% Apr Paraffine 27% 27 Va. ' 1 3% *23% 1 Va 19 5 Panhandle East'n 110 17'A 3 par 3,700 101 56 Va 7% Apr 9 13% Jan No f 16 *15 16 *15 Car Oct par Jan Jan Dec 10 12 34 American 1,400 37% 16% Motor NOV 27 150 38% May 8 22% Apr 17% 45 >% 12 par Dec Jan 19 Airways Corp™ Pan-Amer Petrol & Transp,, 600 37% 17 119 8 105% 2 • 101 xl6% 117 *7 105% 37% *100>/b 16 Ve 163% 117% Vb 105% 37'% 37 *100'% 16% 7 106 1% 37 101 16% 1 M 0 01 1% 36% *100'% 7'% Oct Nov 24% NOV 5 28 _ 24% 16 21 27 Sep 28% 8 Jan Jan 6 Vs Jun 8 9% Apr 104% Jun 27 6% Oct Jan Dec Feb 16 18 8% Jan July 10 140 Mar 28 25% Oct > 9% 15 11 27 10 23% July Dec . 2 Va Sep 30 Apr 28 7 & Teleg—, 100 preferred —100 6% 48 15% Apr ™„__25- Pacific Tin Consol'd Corp__——1 Pacific Western Oil Corp ™10 23% *7 4'/a Apr . 54 .56% Dec 6% Mar 27 par 9 29 17% Dec 25 (Cal),,,—10 Jan 27% Dec 26 16 par Pacific Telep 10 *3% 23% 7 105'% ■ U7'% 180 146% 3% 2% 1% *115% co *8 % 94" *146% 3% t 24'% 7 101 16% 16% 16% 8% 3% 2% 36% *99 3% 23% ' 105% 36-/2 - 101 101 73% 105% *1% , 8% 8'/a 8% 8% % No —: Corp Electric & Jun 10 —No Feb 2 143 % 28 43% Apr .,5 to— Coast Feb 13% 79 Mar 20 42 par 6% 18 12 4'/a Jun 2 xl6% Apr 12.50 Pacific Amer Fisheries Inc *5% 6% ' 3 3'% ,_No Co__ 22% 6 21 31% Glass 14% 6 21 13'/a 7% Owens-Illinois Jan 132 5 18 Dec 6% Jan 30 2% Apr 28 11% Mar 12 —100 - 7,300 12 Va Dec 2 2 59 .——No par preferred Jan 2 Va Jan 100 Outboard Marine & Mfg Outlet Co,, 110 56% 7% 6% 100 17 6 . .—No par 22 *5'% *20% 13% 15 Va 7% 6 21 23% *146 53 5% 31% 3 Vs 53'/a 20% 22 23'% 146 Va 50 — 29 *45 53 Va . 8% preferred A_. Oppenheim Collins, 7,100 *27% *7'% l'/a 110 par No par Corp (The) 17 Va 48 52 Ve Omnibus 3% • 30 *12'% 8:,b 69 '% Oliver Farm Equip 16 7 a 3% 16% 143 142 No - 4,200 17 V4 3% 1 17 68 V4 *45' *13 3 3 Va 68 V4 *27 Va 13:,% *146 68V4 Ohio Oil Co 7,700 4% 30 21 20 *12% 68'% 4 45 5% % 67'A 4 Va 52 '% 8% 8% * 67 '% 3Va 3 Va 45 *27 8 52% 20 67% 3Va 3 Va *142 146 27'/a 3% 17 Va 17 45 3% 67 '% 3 '% 3% 17 17 3% 28,100 9% Jun 3 62 Mar 30 73% Mar 31 29% Jan 3 523/4 Oct 21 122 Oct 16 14% Jan 8 86% Jan 14 x99%Jan 14 A May ♦ Jan July. Mar 1% July July Jan 33/4 Dec 4% Feb 13% 5% Dec 13% Jan 6% Dec 13% Jan 2l'/a , Dec 50 Dec 115 Jun 11% 75 3% Dec - 8% 40% 61 Va 120 29 Va Jan Oct Jan Sep July Jan 110 Jan Dec 123% Jan 79% Mar 30 99 Mar 30 111 Jan 9 106% Dec 137 Jan 123 Jan 6 117 Dec 158% Feb 111% Mar 19 116 Oct 8 114 Dec 117% Oct 28% Nov 20 19 Dec 20% July 2 92 Dec 29% July Monday Dec. VI Dec. 14 Dec. 15 I t per share 10% 104 105 Va 91 'A *13% 13% *103 Va 104 Lowest EXCHANGE Oil Pure 24,200 11 6% 300 106% 91Va 91 9 li/a 13 Va 13% 13% 13% 13% 13% 10'/a 10% 10% 10 10 4% 4% 4% 58 'A 58% 58'A 92 13'A ', 13% V preferred conv Year 1941 Lowest Highest 80% Jun HJghes* share Dec 18 7 105'/a Dec 15 194 Mar 92% Dec 7 17 9 X per share Feb II 28 Apr I per I per share share 90 V2 May 13 100 100 No par 9% Mar 11 14% NOV 10 Purity Bakeries. 2,900 7 —No par (The) preferred 5% 1,500 92 92 "13% S per Par Shares ' 92 91% 91% 91%. 13% 91 >/4\ 10% 10% 10% 104 106''2 *103 105 Va 105'/a 10% 10'A 10% 10% 10% *103% 10", 8 10% 104 Range for Previous On STOCK NEW YORK for the Wefk 18 f per share I per share t per share r I per snare share per Deck Dec. 17 Dec. 16 Sales Friday Thursday Wednesday Tuesday Range Since January 1 Basis of 160-Share Lots STOCKS SALE PRICES tOW AND HIGH Saturday 2197 CHRONICLE THE COMMERCIAL fr FINANCIAL Number 4135 Volume 156 8'A Mar 11 12 Dec 107% Dec Feb 95 V. Aug 8 '/a- Deo 12% Oct 8 V* Apr 12% July 2Vt 83% 10% Oct 26 - - Q *10 10% >10 10'/a *10 10% *10 200 Quaker State Oil Ref Corp : R 4% 4% *57'A' 58 'A 5744 "84 90 4 'A *84 58 % 58 Va 3% 3% 3% 3% Va 54% *53% 54'A *531% 20 Va 20% *20 *53 54 54 20 Va 8% 8% 3% *53% 27 27 27 22% 22% *26 27 Va *25'/a 27% *22Va 23 *22% 23 *22 Va 23 *22 Va 23 *2% 3 *2% 3 *2% 3 70 Va %> *70 70% *70 71 70% *41 43 *41 43 41 41 *4% 13% 71 *5% * 71 7 13% 5% 5% 23% *60% 7'/a 5'A 24% 24 V 7%. 6% 6% 7 7Va 7% 7% 7% 7% 9 9 *8% 9'A *8% 9'A *8 Va 9'A 6 6 6% 6Va 6'/a 6'A 6'/a 20% *11 45 11'A 11 Va llVa 11% *43% llVa 20% 11% 12 12 Va 12'A 45 45 45 45 28% 28Va 28% 28% Apr 30 6 Dec 7 Mar X55 29 Va Corp Dental Ritter — 7'A Feb 6% Dec Dec 9% Apr 12% Jan 7% Apr 10% Nov 53% Dec 67'A Jan 34 Dec 61 Apr 16 •71% Dec 9 $2.50 14 5 Jan 2 14 9 Va July V* Dec 19 2'A 3% Dec Dec 22% Jan 5 96 Aug 15 86% Jan 23 77 Dec 97 Jan 22 7% Oct 21 Dec 11 Jan Apr 129 100'/a Mar 8 20 X 60 5 6% Deo 19 75 V* Dec 95 July Dec 10% Dec 34 V. Jan 54 Jan 27 49 % Dec 53% Jan 9 Jan 15 7'A Feb 12'/a Aug 6 Apr 2% Dec 9 • 28 9% Nov 7 6% Nov 23 19 20% Dec 18 May 20 34'/2 May 13 13% Nov 9 47% Nov 20 42 23 34% Jan 27 27 - 6 Feb Sep 15% July 22'/a 6% Apr-30 16 Sep 80% Apr 4 Feb 27 5% Oct 23 3% Jan 101% 27 '/2 Jan Apr 23 6% Apr % No par No par 97 20 85'A Jan 9 31% Nov 3 Jan 74 29 3% Mar 4Va 8% Jan 129% Mar May 22 75'/8 Apr ,1.7 preferred.——No par conv Nov 5% Dec 49 6'A May 20 Antelope Copper Mines Ruberoid Co (The) No par Rustless Iron & Steel Corp.——1 100 Nov Dec 54 Roan 1,600 Sep 16 Apr Nov 12% Dec : 78'/a July 30 -10 Mfg 7 Jan 2% 53 4'A Jun 70 1 ..10 i Dec 22'/* Mar 20% Dec 7'/a May 18 Richfield Oil 3,000 12 V4 45 11% *43% 45 *43% 45 *43% 20% 20 Va 20'A 20 11 10% Mar 11 Spring Reynolds (R J) Tob class B 1,800 20 70 ' "2,000 20'A 15 par Reynolds 200 6 20 Jan 10 Common 9 Va 20 24 1 Dec 39 preferred preferred Reynolds Metals Co*;——No par 5 % % conv preferred—100 20,700 6% 20 Dec ^..1 Republic Steel Corp 6% conv preferred 6% conv prior pfd ser A Revere Copper & Brass 370 9 Va 20 % 19% 30 *94 V2 Jun 9% *5% 19 3% Nov 13 —100 100 No par 100 —————100 6% 6 23% Sep May 28 1% Jan No par *9% *5 Va 27% Aug 20 Co 36 6 29% Aug 18% July Dec 11 *6% 7 Dec 22'/a 13% Sep 1,600 Dec 10'A 6 100 Reo Motors v t c 8,000 V 5% 23 Oct 2 100 ... 5'A % 18% July 3 5 7% 21V. July 15% Nov 6 30 Dec 8% Dec 28% Nov 22 - 14 V* 26% Feb 2% Jun 230 63 55% 16 38 'A Jan 260 38 Va Mar 11V2 Apr 50 Hosiery Preferred 3% Jan. 23% May 28 23% July 25 1 3,100 24% *33 36 *33 36 5'A Silk Dec • .50 100 1,000 79 79 5% 23% 24 7'A 7% 79% 79 5% *33 36 *33 36 *33 36 *33 23% 23% 23% 23% 23% 23 Va 85'A 61 7% 1 . Dec -50 Preferred with warrants. 85'A 86 5% 16 Rensselaer & Sara RR Co.. - 5% 61 80 5% 5% 17 Reipington-Rand 27,100 73 5% *85 71/4 80 80 *79 5% Dec 11'/a Jan Reliance Mfg 700 14% 5% 22 8 70 97% 72 Va . 63 *60% 7Va 7% 7% 72 85 85 • 85% 61 5% 5% 5% 5'/a 5% ' *5% 14% 97% 711/4 2 7% Jun 200 4% *95 'A 14% *95'A 70% 61. 79 79 79 14 95 Va 701/4 85 7 Va 7% .' 13% 95% 86 % *60% 79 14 15 % Jan 1 25 42 *4Va 4% 95'A 63 86% 63 4% 1,600 71% 42 70 5% 5% 5% %.'• 87 *86 ' • 71 % 71% 8 (Robt) & Co 1st pfd_ —No Reliable Stores Corp— 12,000 12% 54 'A Dec Reis 200 12% 70 14 95 % 63 % 6»/a 15% 42 42 4% 6'/a 12% Dec 2 4 - 450 ■ *12% 95'A 13% 13% 97% *68 95 Va 13% *95 Vt *4'A 4'/a 4% 4 Va 4% 4%> *60% *70 Va 70% 45% *69 *44 - 6 12% 12% 300 17 *13% 16 12'/» 12% 11% 12 Va Va 600 1,800 20% 20 19% 6 6 6 *15 16 16 *65% 72 18 18 18 6'/a *6 6 Va 11% 11% 11% 18 " 16 *15 15 15 17 X6 Va 6% *6% 70 17 ' 17 17 *16% 70 *65% 73 *65% 70 *65% 70 *63% 3 *2% 3 *2>a 3 Apr 25 34% Jun 10 *26 Va Jan 88 17 72 26% 62 V* 85 9 3% Dec Real 26% 6,600 14% Jan 47%' Dec 25 . 6% conv preferred Rayhestos Manhattan.'—^ —No par 100 600 26 14% 4% 1-6 Apr 4% Nov 6 23 100 26 14% Dec 58 V2 Dec 88 6 - Apr 300 26 14Va 23 2 Rayonier Inc $3 preferred———— Reading Company——— 4% 1st preferred—— 4% 2d preferred 26 14 'A 28 1 , 9% 9% 25 Va *22 '/a 1 preferred B 3 9% 8% 14 46Va Mar 88 — -—100 .- 25% 9'" 14 'A' *25 Va ; 54'A 2% Mar par —No par Radio-Keith-Orpheum 7,900 22 22 9% 9 Va $5 3% —No Amer_. $3.50 conv 1st preferred. —No par i 90 *84 14% *25% 1334 14',4 ■ 22 21 % V 1,200 26'/a 8% 26% 13% , 27 21 59 Va 54'A *53% 54'% 21 21 *25 Va 8% 8% 25V *13% V *58% Radio Corp of 54,900 3% 3% 3% 4% 90 *84 90 *84 90 *84 90 - 3Va 3% *20 * 58 '/4 4% 4 x4% * Va 3 4% Va 58% 4% Jan 97/a v Jan 5% Jan 21 Nov Deo 14% Aug Nov 48% Jan 14% May 8'A S 28% Va 28% 28% % A 1* % Va % *% % % 3 V4 * ■ 28% 28 % 28 Va Va 28 Va 5% * aa Va • /a % 78 *2% 8% 5 *3 5 *3 5 *51/2 5 8% *5% 8%- *5V/2 8% ■ *6% 8% *6% 8% *5% *37% ■ 38% 37% 37% 37% 37% 37 % 37'A 37'A 38'A 37 37% / 2,700 107% 107% 107 % 107 Va 107 Va 1071/a 107 107% 480 107% 107 Va V 107% 107 9% 9%' 9% 20% 20%' 20% 95 94 94'A 38 % 38% 38% *94 *93 95 *38 % 39 Va Va 38 115 *110 *114% 113 113 21 *110 % *% *% .. *92 *38V4 ■ 3a ■ 1% 1% 60% 59 Va 60% 9% 9 Va 9Va 9:% 9'A 9 V. • 8% 64 Va 5% 6 6'A 6 32 % 32 Va *32 32% *32 17 Va *2'A 2% 15 V* 15%. 1% *1% 1 % 2% 2% *32 15% 28' 79 112 *109 * 17% 13% 15% 15% 15% 15% ' 2% 15% 15% 19 287/p 29 29Ve 79% 16 k 40 17% 16% 1,100 15% 10% 21/4 2'A 2% 2'A 1,400 15 Va 15% *15'/8 153/4 20% *124 20'A 20% 20% 129% *124% 129% 19% 19% 19% 11% 11% 14% 14% 14% 15 13% 33 32% 45 *38% 19%. xlO% 19% 11 "A 13% 13% 13Va 32 *39 191/4 ll'A 11 Va 15% 16 14V4 331/4 42 2OV4 15 3A * 2% 2% 2%' 8 Va 2% 2 Va 2% 2 *36 *36 50 *21% 21% Va *2% *36 49 22 21 21 21% 2'A 3 35 35 33% 34'A 34'A ' 54% 23% 24 Va' 24Va 25'A 3374 33'A 33% 34 54% *537A 54'A 53 55 3 Va 3 35 % 33 Va 33% 108 VA 108% V 106 %' 108% ~3% 3% *1 % f 1% 8% 8% ' '*!)% 26% 44 1% 8% 9% 9% 26% 26 Va 44% 44 % 27 26 % 35% 35% 24% 58 35% 23% 24% x23%; 58 *23% 58 V. 58% : 5% 5% 50% *50 127% 5 Va , 44% 9 9 50 23% . 127 3% 4Va 51/4 5 1/8 *127 50 129 5% 59' "4%' 9 '/2 IV2 t 9Va 27 Va 27% 27%' 451/4 45% 36% 36% 37'A 25 25 58% 58'A 58%;. 2,800 7 Va 7 Va 7'A 7Va 7Va< 4 41/4 4 5% 5% 5% 5 Va 129 5% 49'A *127 5% 50 130 5% 49% *127 4 6 16,000 v 13,300 50 Va" 2,300 20 130 3% 3% 3% 3% 3% 3% 3% 3% 3% 7,100 13 % 13'A 13 Va *13 'A 13Va 13% 13% 13% 14'/8 1,900 1% lVa 1% 1% 1% 1% 1 Va 1% 1 '/a 1% l'A l'A 13 Va 13% 13% 13% 13% 14% 141/4 15% 16 Va 15% 16'A *24% 257/a *2434 25% 25 25 25 V 25% 25% 25% 5 *4% 5 *4% 21% 22 21% 5 21% *4 22 % 15 -25% 5 22% *25 *4% 221/4 5 22 'A *4% 22% 5,000 5,900 • 500 22% 3,700 footnotes see page 2199. 6 15 13 JA May 18 151/2 Nov Feb 10 Va Dec ,JVo par ——100 171/4 Jun 27 122% Nov 20 14% Apr conv 12 V2 —.No par ——100 Ry_^ preferred—— 100 -1 100 preferred— 17 29% Sep 16 27% Jun 108'A Jun 37 60 " —.No par prior preferred No par prior preferred No par 110, • 3 Sep • - < 20 Apr Stewart-Warner 42 3Va Mar - —No' par & Webster— 4 16 1 (The). ——No par Sun^Oil Go__i Class A pfd (4%% Sunshine Mining Co 100 100 cum) Co (The)——No par Superior Oil Corp.. 1 Superior Steel Corp... 100 Superheater Sutherland Paper Co Swift & Co— ' (The) ; 10 12'A —25 69 Dec 22 Dec 39% July 5 3 6 3 9 Apr 28 116% Apr 1.3 Dec: 60 Deo 7 6% Jan J 14 57% , 40 Jan »/4 Aug 117% Aug Jan Jan 3% 6 48% Deo ~6% 8 108 k Dec Jun Jan 113Va July l'A Jan % Nov % Dec 4% Mar 8% Dec 21'A Mar 10'A 27 14 14 13'A Jan 14 28'A Oct 23 27% Dec 17 Dec V2 Oct - . > 22% Mar 17V* Mar ! 25% Nov 25% Mar 1 34Va July Feb 46Va Dec 18 33 NOV 23 33 Dec 48% Aug 34% Jan 16 29 Dec; 40 51 Dec! 66 40 61 Apr 24 Va Jan i 2 2 38% July 27% Apr 64%, Aug 7 Oct 23 ' , Apr 3% Jan 43 Mar 24 Jan July July 45% Dec • 8 Dec 23 10 —15 —.1 Corp.. Studebaker Corp 28 24 28 No par Stokely Bros & Co Int..' Stone 30% Apr 25'A Apr 6% July Dec Mar 11% Jan 5Va May 14 .25 Jersey..——25 —25 —— Jan , No* 27 V* 21,8 Oct % Apr 25 . Apr 28 (The) -L S—; Qui 2 May " Mar 14 Standard Oil of Indiana— 36% 37% 1 - 5 2 6 cum ' 19% Feb 34% Dec 6 7 31 y* Feb 111 Dec 114 Feb 11 47% Dec 49'/a Jan 6 113 Jan 8 9 89'A May . 451/2 Jan 2% Apr 29 preferred Sep 14% Aug 191/a JuL 38% Jan 109V2 Aug 10 No par v. 4'/a Jan 1 'A Apr No par preferred-—_—;—-No par 13% 6 31% Jan 24 40 Jan Dec 17V» Nov 28 Dec Mar Jan ll'A Feb July 30 24 Mar 16 150 27% 60 59 Sep Aug 6 6 2'/2 Sep Aug 2 28 49 23 Va Dec 6 171/2 Apr 30 Jun ■ :'231/4. Mar ;; 3% Feb 14 2% July 19% 10 ■ 53% Oct 21% Dec Sep Nov 10% July 8 50 Va Mar 24 ;(r 3 Aug 24 7' 20 25% July 15 .18% Dec 16'/a X Oct 39 2 Jan Jan Feb 120 . 18% Feb 1% Nov preferred.——No par —— May 20 112 114 Jan 13 18 Va Nov 23% Jun Oct Feb Dec x Jan Dec lVa 12'/a Jan 5 34% Jan l'A Apr 24 * 351/4 13 21 Va Nov 2 Jun 10 Feb 7% 144% Jan California Edison—,,.,—25 29' 9'A Apr 20 Nov Feb . 26'A Jan preferred 30% 13% 3 1% Mar Jan Oct . 9 18 , Jan 2Va 14% Feb 5 17 5 21% 111% . 4 Apr 14 Deo Dec 95 2 15 20% Jan , 16 j For Jan 112% Dec 6'A Mar 11 . 16% Dec 22 18% 23 2% Jun Sweets Co of Amer 5 30'A Oct July 10 9 Sep Jan 7 Nov 1 9 15% Jan Sterling Drug Inc « 2 Nov 100 Apr Dec 6% 40 Dec 11% 6 Starrett Co 4,500 . •5% 10 14 15'A July 28 : Standard Oil Of Ohio.— • 18 17 Standard Oil of New 2,400 - 3% a ' 14 Dec 1% Dec 17 6 18 $7 700 24 4% Jan 59 Dec 10%/Jan Apr Conv $4.50 $4 15 29 65 —1 . Dec 21 '108 Greyhound Lines————5 $6 cum. 3,800' 13'A 21% —15 Iron——;100 4 18 20% Aug 26 19% Apr 23 Steel..———No par 3% July Apr 32% July ' Standard Oil of Calif——.NO par 30,300 ' •%Apr 17 Aug 27 30 .15 » 20,600 45% 58V4 5 Va 2>/a Jun . 28 66 24 11% May par Nov 7% Nov lO'/a Apr Standard Gas & El Co.—No par 4,900 3% % J^o Jan % July 17 Apr 51% Feb 35 30'A May 21 Petroleum——_^——10 $4.50 2,000 9% 24 4'/a » 6 Coalition Mines.^.——5 preferred—.——-No par —10 5% 4,200' 1%- 58% > 29 4'A Mar ^0 par 15 Pen Co (W A) $5 pref series A Standard Brands 23,400 V;4 54% Apr Squibb (E R) & Sons——No par 45,100 13'/a 4- $6 300 98% 11 35 50 *127 -:98Va 3% 21% Nov 29 " . 13% * Jan 5% Square D Co.. 900 48% 28 Va ■35% .4 Vis 5% 127 Va 71% 3'A 10 108 10 Va '24 58% 6% 49% .. 3,900 27 Va 27 Va 7Va 5% i 1,410 . 36%- 11 447/s 24 ; 36'A- 28 45 7 50 Dec 18 No par Spear & Co— -.1 $5.50 preferred No par Spencer Kellogg Si Sons—No par Sperry Corp (The) — 1—1 Spicer Mfg Co——1 —No par $3 conv preferred A— -No par Spiegel Inc 2 4,300 1% ■ 27 Va 58 % 5'A 48% 9% Dec 1% 3% Mar 24 14 8 Apr 52 'A July 4% Apr Sparks Withington 9,800 3'A ' 10 Ye 2,6 Va 58 5% 5V4 6 Mobile & Ohio stk tr ctfs 17,500 27 7/8 44% 35% 35% 1,100 V4 1% 10% v , 4 Va 4VA 99 99 : •27% . 48% 48 % ;"" 4 V 27% 5% . Jan 5% *112 ' 5 'A 5% *126 % *106 Va 1% 8 '/a 4 4 3% *3% 108 ;10 7 6Va 7 Va .*7 "4 "••■1% . 27% . 35% 35% 35% ' 100 A 8 Va 9% 8'A 27 Va '36 36 ■7.' * ,% % 3Va '36 48% '/a , 3% ' • 98 Va" '• 35% *112 *98 Va r 1% 44 • "4 3% 26% 44% ■*8 *112 98 Va 26% 27% 26 108 48% > 9% ■ 34% 35% 34 Va *106 V2 1 V2 'A 8 % " 10 '26% . 1 ■' •"« 60 8 -—No par No par Steel Corp ' 48% : %'"' J *' , 3 'A *106% 35% Va'- llO ' 1% 100 • V ' — ' 48% *112 3% *98 103 33 3Va 3 Va 3 33% 35 Va; *108 *112 *112 7' 3 33% 48 48 48% V 35 Va ; 6 14% July Southern 140 23% 33V2 " 101/2 Nov Dec Southern 800 54% .22% 35 33% Jan Jan 7Va —;——1 Inc So Porto Rico Sugar—1 200 2'A 25% *53 3 78% 10% South Am Gold & Platinum 3,500 24% *33 : Dec Dec 100 22'A V. 4% S'eastern 8,300 2% 9 Sep July 49% Socony Vacuum Oil Co Inc.;. • 49 54'A 112 39% 4 5,800 44 *21% 33% Dec Deo 30 22,800 *36 22'A *53 107 17.50 21% 3 5 4'A *98 211/4 33% 34% *53 Vi *46% > 21% 22 Va *33 * 21%: 21% 11 tyo par • ' 113'A Dec Sep 31 9% Nov Southern Pacific Co—_— 49 *36 49 *36 2>A *2,1/8 2V4 *2Va 2% 50 21%- 115'A Mar Sep 94% 62 »/2 Nov Southern Natural Gas Co 15% 2% Jun 43'% May 4% Jan —-No par 4,100 16 109% 116 17% Jun ■ t c—No par Snider Packing Corp——..No par ; 3,500 34% 2% 2% 2% 2% 2% 2% .- 10 5 Corp__ Roebuck & Co. 8% ll'A 14% *40 43 • - 20 18 .Jan 16 106% Jan Smith & Cor Type v 4,700 / 19% 38% Dec 25% Apr Apr 79 , 6 2 129 '/a 33% 34 *41 44 •v'V 14% 331/4 141/4 32 42 .. / 15% 15 ■V. *124% 11 Va *19% ■ 31% ' 45 xl9% 20% *1241/4 11% 14 9% - 127% 20% 127'% 10 23 ; 1091/2 Aug 17 Smith (A O) Corp——— 900 9% / 9 Va 18 Oct 98 Dec , 57,700 2Va 15% 9% 21V2 Dec Dec ' 700 *15% 14 28 May 15 Jan Skelly Oil Co—— • 1,100 14'A 17% 15% ■ 112% 17% *110% 110% 14 Sep 8 Va 12% Apr 78 Vk Sloss Sheffield Steel & 30 -'14'A 110% xl7Va 14 23 Va Simonds Saw & 2,400 79% Jun 19% Jan ll'A Simms 30 79 Jun 12% 9 17 Shell Union Oil 800 2V4 11% 13% 23'A Sep 113 10 Sheaffer . < 15% 32 13% v32 *38 % 1% : 47 Dec 26 Silver King 23 3 Apr Apr 106% A Feb Simmons Co.— 2'A 9% 19 Va 14% 1 Va 22'A x 1 % Sep 1,500 15V2 11% 14% 1% 3 17 '/a Dec 4,300 2% 17 2'A 9% 19 Va % .'> 11 *22%. * 15% 21 20% *124 127 % 2'A 16% 3 Jan Apr x9% Dec Sharpe & Dohme—.——No par $3.50 conv pref ser A—No par Shattuck (Frank G) j—No par V 70 2% *15 21 21 *124 21/2 . Jan 8 35 44 May July 23 22 110 Jun 23 ,104 Va 6 4 Sep 23 16 $5 conv preferred 7,600 79 17% 17 Va *13% 9% 2'A 2% 14% 18 7% Sep 10 5 Jan 2 29'AApr 30 10% Apr 1% Sep Sharon , 1,700 15% 9% 9% 9% 14% ' 13% -15% ■' V 112 112 17% 13% ' Va 17 Va 13% 18 13'A 17 3 a 112 112% 112'% 17% 13% 18 200 7 Dec 1'/a July 18 Servel 20,700 ; 32 18 28% •76 79 *76 32 79 28'A 28'A 28% ■ 23 *22 21 Va 32 «A -'*1% 1% *1% 1% 1% 21% 79 *76 *109 * ' 28 V» 28% 28 V* a *76 > 20% 20 7'a !2G% 5% 16% 16 16- ' 20% 9%' 64% 5% 2% '2V4 ,15% V 17% 17% 2% 15 Va , ' *1% 9Va Jan 39% July 'A Feb A 11 350 *63% 22 Va Jun Sears 2,400 57/R 5% 32 17% 18 17% 17 % 17 Va l: 2% 4 2% 9'/4 55% 9'A *63% 5% 9 Va 1 '/8 Sep % Dec Seagrave 12,300 54% 3 Dec ** Seaboard Oil Co of Del——No par , 400 2 62% 64% 9 9Va 32 32% 1,300 t 9 1—100 preferred 4-2 % 6,800 9'A 55 55 64% 5% 6 17 9% 9% - 15% : "15% 17 61% 9% 8% 8% 55% *63% 64% *62% 63'A 63 Via 2 2 61% 91/4 9% 9 9 8% 9 8%: 8% 5% *16 Va 17 Va Nov ——.No par 1,300 17 2 2 1 ——No par preferred tSeaboard Air Line 5,100 % Dec Jan Va Jan • 55 55% 55 *62% $4 y*,< % *1% 8% 8% 8 Va 8% 56% 111'A a7, % 60% 9'A 8 Va *110 1/4 * 17 Va 60% 56 111'/* * 2 *1 Va 59% 8% 1,100 10 *1131/2 61 2 1% 60% 56 Va 38V4 * 115 Va' 16% 16% 16% 1% 8% 38% 115 'A < % 60% *55 91 700 ' . h. 95 38 3A 16,300 *110 112% •'A 9.300 10 21% 92'A 21'A *113% 115 *111V4 * % 16 % *16% 16% *16% '% % 95 Va 113 % 9% 10 21% 21 38 Va % % -*% 9% 9% 2 1 V8 38 Va 112% . ■ 'A % ■: ' *94'A * 115 115 115'a *110 *114 % • 9% 207 a 9% 9% 20'4 9% 20 • : May 26 oz preferred tSt Louis Southwestern— 5% preferred. Safeway Stores—. i——No par 5% preferred ..—100 Savage Arms Corp .5 —5 Schenley Distillers Corp... 51/2% preferred 100 Scott Paper Co—. No par $4.50 preferred —,.No par 6% 1,100 iff *2% 5 2% ; 1,500 Jo' 10 —100 100 —100 100 Joseph Lead tSt Louis-San Francisco. St 5,400 8 Va NOV • 6 4% Jan 27 i 20 7 6% Nov 6 'A Nov - 55% Jan 9 127% Dec 14 V , - 4% Dec 3% May 4V4 3% 50 117% Dec Jan i Jun 8% Jan 6'A Nov 8% July Dec 8% Apr 66'/a Jan Dec Jun 126 July Jan Jan 3% May 28 5% Jan 14 3% Dec 9 15Va Jan 9 12V. Dec 21 ll'A May 13 1% Jan 14 l'A Dec 2% July 28 9'A May 20 16'A Dec 18 9Va Dec 18'A July 25% Dec 18 16 V* Nov 23 V. 13 3% May 27 4% Aug 1 Jan 26 1 Apr 17% Feb 20 Sep 16 25 3 Dec 19% May Jan 5% Aug 25 Aug THE COMMERCIAL & FINANCIAL CHRONICLE 2198 STOCKS LOW AND HIGH SALE PRICES Saturday- Monday Dec. 14 Wednesday Tuesday Dec, VI Dec. 15 I 1 Monday, December 21,1942 Sales Friday Thursday Dec. 16 for NEW 1 : the Week Dec. 18 Dec, 17 Range Since January STOCK YORK EXCHANGE / ?, On ! • • ' •; 27' 4 27% 27% 21% 21% 217 4 % 4 74 4 lit t per share Par Shares 8 per share Swift International Ltd 27% 28 277a 28% 277a 2814 22% 22% 22% 23% 25% 2314 25% 9,400 .41 'u 4% 4% 414 4% 474 6,400 Symington-Gould 5% 500 ■ 2,600 . . . • 4% % *5 36 *34% 36 *34 4 57b *5 7b 5% 5% 5% 3(1 % 57b *5% 36 *34%' a 39% 8! 87 it 3974 Corp— 1 Range, for Frevioss , Year 1941 Lowest 5 Vb % Highest' 8 per share 23 25% Dec t,per share ■' 17 4- .-150 partic preferred—. 8 per share per share 29 % Nov Talcotf Inc {Jamesj v.— 36 *34% 8% *8% 397t 39% 357b 7 7 •» 774 3 17! 177 b a 4 3 53 *49 7 it 7% 7% 17% 18% 57« 5 7 it 36 % *347a 274 27a *347-i 36% *3''}! 3% 3% 34 % 33 % 331a *49 7« 5% Jan . Apr 11 Apr 20 32 27b 57b Nov 16Va . Oct 27 20 4 24% 28 ' .5% Nov Dec *3% 374 374 37b 33% *32% 33% 374 38% Aug 374 Jan 37b 5 Thermold 1,300 20 _ CO——J— $3 div conv • 'f • , ,41 -10 ' ■ 3Q 2 ,42 Jun . • 13 4% Jan 347b Feb 44% 2 27 6% Aug 14 July 10% Jan Dec 38 5 2 : Dec ■ 32 17 Sep 7% July Jun 5 11- 4 % May 387b Dec ,574 20 Nov Jan Dec • MarJO- 3 51 ' Dec 37 b Feb 9% Jan 7 . • May 314 1 Sep 47b Sep 6014 Sep Dec ;5'/a July Jan. 40 Aug ;3 %. Jun G Jan 2474 Nov 34 Jan ■ 30 . , ' .' 2% 2% 09 9% 9% 25?«i *25% 257 1 1 * 25! (i 274 ■ 2% 27b 27b 27b *2 7b 3 2% *9 U:% 97b 9 lb 9 Va *8 7b 97b 2574 26% 26% 267b 1 % lit 114 1% 1 Va 3% *874 2574 25 X25 a . • Third1 Avenue Transit 2,100 914 Thompson (J -R) 600 Thompson Prods Inc._:— 1% -1,200 15% 300 Thompson-Starrett Co, $3,50 cum preferred ■9% 18,500 Tide, Water Associated • 5% "• :25 : i—u 3% Sep 14 97b Dec 14 2% July 14 Corp—No par. 200 267b ' im; 3 17% July i.No par: 27.% Jan 7 1% No v 2 20 , ' 1 1:. .» in 114 1% , • *14'4 *14 15 , 9 15 *14 15 9 *14% 9 94 % 87 a 95 95" 94% 94% ' 27 27! 27 271a 27 27 % 36% 37 3 7 lit 377a 3774 87a 94! j 5% 4 5% - 96 27 , 9 96 277b 27% 387:4 39% 97 27% 287b 40% 41% 6% •96 % 96 674 40"'*" 417b 6% 277b 6 lb 67b 6% 614 " 9% 874 9 874 *1474 95 3874 6 6 5% . 8% 15 14% 15 » . ■ . 520 ■' 10,900 . 22 f„ a_ % Dec "7 15% Nov 23 2 12 10 7b Feb .'07.- Dec 1% Jan. Dec 18 9% Mar 5- 95 Va Aug 18 5 Jan 1174- Deo 9974 Dec . 27'% Feb May 20 34!» Jan 31% May 21 Mo par: - , Mar ,28 85^ Axle—_10 Detroit , Jun 8- Oil----, b-10- Roller, Bearing-^ Tim ken Transainerica Corp; Mar ,27 8% Jan t$4.50'conv preferred_*_„u.iV'j par Tim ken 5,200 ■7,900 ' 11 No par .^....Nt par, ,43 % Jan 6 6% Dec 17 16% Dec 18 8% -Dec .17% Jan ;J 27/4 Mar 1-7 ,67b Mar I % Dec 1074 Aug 2 Jan Jan *28 4. t—2 3 " 357b Sep 51% Jan 3774: Dec .4 , Dec % 5 . Jan ' 15% 15% 11 174 , 174 . 11" 1% 68 , 68 167b *11 •' 1 15% 16% < 11% .1574 157b ,11 r 17 a . 68 68 •15% 11 Va :*il 'I' 17a 174 15 7t 15% : 11 % 68 68 (if! 16 15% *ii , 11% *11 *11 Vb 11% ■' 2Va * 2 17b T7b 17b •' • 6974 6% 200 Transue & Williams St'li— Tri-Continental 19,300 ' 11 Va Transcont'l A .West.' Air Iuc_^_ 4,400 ' 6974 Vt ■ X68 % 697b 6% 68 • 67b 6 UVs *11 160 *6 6 la 6 6% 11% *11 *11 11 la *11 11% 14 *11 *11 11% ' 14'''. 14 la 147 b 14 lb 14% 247a 25 25 25 15 25% 15 25%' ..1'4% 1474'" 247 a 25 25% Truax-Traer l,t)00 . : 15% 20tlr- Cen 7,500 _ ■• Feb 1L ,7 6 Dec 75 * Feb 7% .Sep ,1114 Aug ; Nov Oct 2 Nov 6 2 ,78% Nov 6 7;'/a Nov 91% Jan • 31 ,26% Nov 9 -.7 %' Jan 42' . , 60 71 5VB May 16 Fox* Film 'Corp——No- par, , 10 / 7 lb Aug 13 11 lib"Jun 12 5% Junf 4 , 10/ l. - 2 lb Nov 74 Mar,14 56% Jun 30 Mo par Corp----v— Tr us<?ou. S tee1. Co__——Ju " ; : 14 25 6 Va 6% Corp_——1'. $6 preferred-*——. No par ' 6 (b H\ ,77b May 15 87 b Jan / 3 t__5. No par 16 5 : - May 72' 7574 74 6% 41 % 41% 1 ' 26 1—No parI 19% Jan City Rapid Tram—_—_No par; '/. 1%' prefei-redid—— ——100 '1% Jan $1.50 preferred——jf •3,600 7 6 7b 7 67b ■; 717b 67 b Twin 900 73 7 67b ' 47b 70 68% 68 4% 5 % : 7 ' ! 7 67 b 67b *4 7 a" ,47b 66 717 b 70 74 47b 5 7b *474- 5 la 5 5% *5% 25% 2 i " ' 560 Twin .14,800 .21% r——1 Coach -Coit. 2 Jan 6 . • 16Va May. .74, Dec 24 , Feb . ■4% Dec 174 July 27%. Sep 9 Va • Jan ■■• 16 Jan 974 Sep - ' ; Dec U 7 7 la ■ *112 777' t *112 113:,/4 104% 774 774 7% % 77% •..77% 43 7% 78 *112 43% %. 77b . 113% 44 77b 7% 78% 79% 774 11374 *112 45 44 79 78% 7814 78 11374 > 42% 42 4274 42 3,500 ' Union Bag & Paper— •. -No par Union Ca rbide & Carb,—. -No par Union El Co of Mo $5 pfd_; -No par 774 77b 8,600 797b 14,100 113% *112 * • •4574 Dec 27% 18 287b Jan 2 7% Sep Under Elliott Fislier Cod—. _No par 797b , , 11374 *112 4574 21 9% Jan 5 7 Dec 28 79% Dec 18 60 Feb; 6 11314 Nov 12 xlll% Jan 11574 Nov 106 %, Dec 112 % 58 Apr 108 May Dec -37%. Sep • 1274 • Jan 7974 . Sep! * 104% 10474 10474 104% 104% ' 104% 104 Vb 104% 105 14;% 1474 147b 1474 147b 147b 14% 147 a 147b 15 76% 77% 76. 7674 757b 76 76 77 77 78% *77. 7774 7774 7774 777b 777b. 777b 23% 237 b 23% 23% 2474 , 106 *105 79 *77 ',4 ; 330 147b " 15% ' 78% 78 74 • 777b 77% 78 2374 2374 2374 ■ • : Preferred $4.50 series—/.. Mo par : 108 • • Jan 6 . - Uriion Oil of California*—— —25' , 10 May, 1 ,15% Oct 63 7i Jan 2 8514 Nov 5 74 Va Jun 17 —100 11% Dec 16 57 % 9 Uniqif Pacific RR Co-^__— 4% preferred,;—-——i- 6,800 5.300 . .100 % Mar, 24 8574 Dec Sep Sep Jan * 1 24 2374 24 24 24% 24% 92% *917k 17% 17% 16 18 26 267b 92 92Va 9214 17% 18% 18 18% 16 lb 1674 16 lb 16% 16 Va 112% *10874 * , 16% 18% 17 % .111% 581b 58% 58% 5814 577b 58% 17% 17 lb Va 17% .*1674 1374 ♦16% 1% Va 14 >4 32 13% 137 b ,77b 14 13% 14 lb •;« 77b 13 • 112 *109% 9 '. 9 S3 147a 14% : 21,500 , "26.500 : 1,200 t 3% *2r:« ■' *34 *34% 3574 26 It *34 8 *274 *35 357., 3% 5 5 5 26 63% 6474 . *3 '• 514 •'■' 38 5% : 5% 10 -No Co_——„ ' 26 26 267b • 64% 657b 65% 67 74 4% 16 101 .1574 16 157b 16 47b 4!4 , 100 10114 *100 101% noo %7b 474 47b 4% . 64 63 63 62% United Electric 4% 100 • 157b 100 1574 474 47b 100 ■ 15% 4% ; United Eng United' Fruit Co__———__,Yo 16% Gas f 600 $5 preferred— "4% No 27 b 3 'a *27« lit ' 3 • 3% : ,,*3 ' %' 47 b ; :$ 3 ... 514 1 4% 87 86 86% 34 . 3 V« 400 , v 34% 33 33 5% *85% 88 337b 34 ■ *85 lb 34% 5% 5,000 . 88 80 / 700 ; 31 Juiy 6 35 13 52 Dec % 174 Jan 3074 Jun Jap Dec 37# 5 30 3 6% - 374 2o74 May 10 51 Apr 60 : 42 4% 17 100la Dec 1674 Oct 21 8% Apr 4 Vb Feb 27 "2% 18 Feb 23 Oct 26 Jan Dec 5 % Dec Dec 10% Dec 106% Jan .87 43% • 27b 117 Jan 1474 Nov 47b Dec 83 Jan 79 May 16 Sep Sep Nov 57b July Dec • Sep 1 Va Dec 274 ■ 2114 Sep , Dec % Jan 5 7 Jan Feb, Dec • i7> 6% Sep 16 , '72% Jan ■ 9 17 Jan 1474 July, Feb; 113% 4 • Sep' July Dec Feb 9V4 9374 19 July 13 July Oct t\ ,?» 9% *9% - 175% *171 *914 974 974. 974 607 b ,4 *17174 '97b *9% 61 62 6174 175% x60!b 61 60:i, *172% 175%. *171% •'■. 61 9%; 9% 62 9% 9% ! 63 *17114 175%- 62 64 U S 3 ' it 57b 57b *104% 267b 26% 30 !l 109 *104% 26%. 7b 24 V:> 24% 247b 24% 97% 9774 9814 99% .4.5% 45% 45% 45% 45 45 'fir-5,. 62% 63 63 4674 4614 108% 19% *44% 47% *4474 24-% 1037b 1914 247b 100 4674 109 10874 19% * 4674 467b 109 31% 7b 83 *19% 2914 31% 7«' 97:t *62 26% 29%- 3174 100% ' ■ • 2574 ■ % 46 47 7» 45% 45%' 45% 63 64 1087b I9:»b *4474 47% *47% '19 32 26% 46 46'4 6374- • 64 197b *44% lib 19 Va 19% 197 b 47% l'7b 22 May Rubber Co——!— 267b May 20 13% * 1 %. 1% 17b 1.7b 17b 1. 1 1 1 1 58 58 59% *44% '• 17b ,' I 1% . •' J 5 .1 14 Jtf 5974 *5<i 5914 55 15' *1'4% 15 14 la 14% 60 60 174 174 IS ' • *44.% ...47% ' ■ 47% ,7 ; 17b 1,700 3,800 1 . •• 300 *55% 57 *1374 -15% *13 7b 15% 200, Universal 1 *147-' 15 .*14 la 59% 59 It ■ 59% 59% 5974 *150 *150 150 15474 154% 153 155% 597b *154 156% 156% 60 *148 : 167"* *161 ICQ 60 *148 ^ *161 168 60 60 *148 ; 40 Leaf Tob--_4_—4—No, par 'J 12, ", Universal Picturers", 1st-pfd———100 , 147 8% 30% Aug ,7 25 % '4 Dec Dec 71' Jan 13% Dec Dec 103 Va 43% Dec 65.14 19 69 / Dec Dec 47 lV- 42 Mar % 15 % 10 G1 Oct Dec 160 20 16 4214. Dec 12 v Sep Apr Jan 7074 Jan 130 Jan. - 3374 Jan if 5074-Nov, Dec- 152% Dec. 11 76% r Dec Oct l 1574 Nov 21 •; !, Dec 19% 60% Dec . 28% Sep 10514^ Dec .5 17b Oct 29 • Sep 2% July V 58 3 -46% Jan Dec 26 Apr 17 13 Jan Dec Va 17 55% Jan 24 1 187b Sep Qct 31.74 Aug 3474 Feb 14, 11974 Jan Apr! 30 . 2 1"! Mar IT 102 May 25 May 6 Apr 24 142 ; Dec 26 July 15 41 preferred44-44-,44JT—4—4L100 60, 105 20'/-» ;51!4 Jan 7b Apr; 15 ,34% May 20 Universal7C^clops Steel Corptl—.—1 250 , , ;1074 Feb- *7 6 1 $6 'conv.preferred.:—"-——No por 57 1. Dec , 30 Jun -33% Aug 47b Aug Apr ' 39% Mar 27 7« Apr Jun 214 15% Apr-29 —5- United Store s-'class' A44—4— *55 55 May' United Stoc kyards Corp^;.———1 j 20 Jan Jan 43 " 57b -44%' May 20; 5i-'''*preferre44-tX^1.4!r4'-r'_--r-25. Feb 54% '■'/ Mar, 10 V 107% Jun ■ ;U S Tobacco fCdl-.-—4-^-4j-No:par 33 9% '28% Nov ,37*% Apr 17" 58 Apr, 28 . 4%. Feb 10 July 30 3214 Dec • 54/ 10 183 23 27 Apr 69% Apr Jun 4 % 114 7 1- ■% Aug. 21 1st preferred—^-—: : 4. l,700t' 20 & Foundry_44——-20 774, Dec 37% Dec 170 14% Oct 2 20 ' 4T% : Sep 21 34% Jan 27 28 Jan Jun U S, Steel''■ Cbrjp—t4r"_.r_-.4:u-4.No; par 'Preferred'%_ 44—-L—'--lldO 1 4,300 2 % Apr 7 100 Sraelting-'.Ref;:&'.M)n„v„-i44w.^50 Preferred -i.-ij!_—4!!^—-b-: 4*~5Q f ■ t 56,900 10974 S 4 8% . 41 99 4D a 600 497b » 487b 109 Va i 14 •. jru s Realty A.Impt-^,——No par U 1,600 1 2,200 '■ par Ca»f—.4 ^-1Q Plywood Corp—4-—-.-^--—-_1 U S r Jan 674 24% Apr 28 U S; Playing/Card . 27,700 49 Va 109 300 6,700 10 preferred————-.—100 Prior U S Pipe ; 1,300 74 *!• 101% 109% 47% 109 29 Va 25% 64 467b 1087b 297b -w—-No Coi— 18 Nov 34% Jan.* 30 Partic:& conv cl A——,—-No star : 1,200 Leather Dec 174 159 * " *10014 102 101 109 1.1 26% 25% 101 U S 2,200 1,100 i ' 2674 iV ; ' 317 a r - 32 • 37b 26% 29 % 2,100 ■ 137 b 10414 26% 63 *19 , - '374' 109' 26 lb 307b 137a ♦ ■' 800 v 39%.' 30% ■«, 374 *104% • *38 • 137b 13 1 109 *29 33:74 {1 24% t 127 31 334:' *3% 26% 28%- -p 3174 r 1 , 39% 30 " "tl!" v *28v ; 31% '■ 1 Ti v 37b ' *38 30 1274 3174 !» ' 374 127, 30 ' 31% . 1» 29% *3% 2674 '30% *30 *31 297b 57b 57b ■ : 39 la loo" *100 26% *26% *38' *12}:, 3% , 1274 109 *102 29% 57 b *5% 121- 37B 3% 13 ,*12% . 39! 4 *38 297b *29% 30 30 514 514 39'4 *33 39! 4 *38 514 514 5:,a 5% . 64 May 1 4% Apr 27 40% May 13 —20 —10Q U S Hoffman Mach Cbrp 5 5% 7b conv preferred—4—-—-50 U S- Industrial A'cphoi—^-JVd, par Co.i preferred!—..' 7<i 175% 11% Jan!26 6% May 14 ..No par Freight Co„ U S Gypsum 2,700 *171% 175 Va ' - 16 50 1 77% Apr 1st 'preferred^par U S Distrib Corp conv pfd—,-100 15 37a Nov 117,4 Apr. 28 "27b Sep 10 2% Apr 17' $6 410 34S/" 83% Jan • Dec 15 8% Dec 93% Mar 27 t r._„_—l 35 15 167« Jan 1 3% Jun United Paperboard——4_„4-. _-».10 U S. & Foreign §ccur_—s—j—No 'par i 14 26 Oct 3 par 874 Feb 20 15- 48% Jun —-—No par United Mer & Manu luc 3,900 3% ■ ' 87 3374 33% 33% 5 47b . 87 *86% 87 33% ' 47a 4Vb 4% ■',*4% *86% t " ' Apr 25% Jun par ' 3 *27it - 10874 Dec 6814 Dec • 17b Apr 28 & Fdy—_r——5 Improv't— 16 2 •33% Aug 21 37b Mar. 11 " : 100 16 16 157b United 52,200 17 Oct 27 Jan Oct July 28 ll Cos———_5 t c 17 113; 1 Jan , Si¬ -—1 Od , 7,200 47b 100 100 Coal ——— 1,500 i ' - May. 16 -No par. 1,500 , 257b , 7 7b 37 par par — Jan 104% Mar 24 : par Preferred Jasi 17% par -No . 4474 —100 89- United Drug Tnp-4;—————5 United Dyewood- Corp——10 100 3% *3414 35%- 5% 26 64 5 5 26 26 63 ' 5 26 3% 35% Dec 97b May 1 , 5 -No $3. preferred—4—-j- 14,500 28% 8 18% Dec :-No 23,600 8% Dec 104a4-Jan United Corporation— 147b ■' 8 % *3 36% 26 5% 26% *5 . 2%' 271 3 lb 35% *2% , TV4 7% 77 b ; 24% y367b Jan 23% Jun, , 5 ' 7% 24 4 5 United-Carr Fast Corp 58,000 Dec 6 Feb Apr. 17 — - Co—— 73 81% Feb 30 21% Aug: 3 100 — preferred—- United Carbon . 200 n Hi 14%, 5% , .. Apr.17 ■97b Mar'10 ———. preferred— Biscuit United r 210 187a .1 , copv Un Air Lines Transport-/ : 1.200 58 . 5 % , —100 —No par . United Aircraft Corp,* • 1,200 ■ 112 M Union Tank Cat———' - 16% •58 *16% % 17 ' 13% . 111 Va '. 58% 58% 58 267b 9074 177 b *111% 1674 112 Ullb 113 57% *16 % 25 9 lib 17% 177b 177b 16 *112 25% 91% 17%' *90 93 177b 16 .' ! ' 2,47b 92 24% 24% 24 Vb 92% 600 2,800 • .174- Jan/ ■ 1% Jan - 62 Sep 1674.Jan ; .May 4374 Nov 64 Sep 140 May 157 Jan 133 Jan 162- Oct ' •'8 % nB *27 lit 29% 2774 277b 27 • 15% 15% 157b 1574 -1574 23% *23% 9 87b 2374 9 9 2314 *46 *54% 57% *53% 23% *23 •*2 2% 2 *114>4 *18% 22 28% *25 25% 28% 8% 8% 9 23% 23% 2'" 3984 *77 133 *127 16%- 53 2371 40 *45 57 *53% *53% 2374 39% 53 17b *45 57 2374 17a 9 *24% *53% 2374 24 2 37% 53 ,17a 38 38 2 38% 3874 2 2'/a 38% 39 *114% *114% 117 20 *19 7b 22 *19 27 *25 277b x25 25 25 25 2874 *72 88 28 78 *72 *r26 133 | 1 77b 7% 77 b 20! 4 20% .20% 22% 23 2274 23 *74 *126 77a 23 29 *28% 88 133 - 7% 22% —- -.5 :Van'Raalte' Co Tn'C— - _4 ,100 V"o Tst preferred—4-4.; Wck Chetnical Uo__—4—" J. —5 Vicks Shreve -&;Pac Ryi—4—_ 100 ,100 preferred! ?4i—-4_! _ . Victor Chemical.Works--—— —5, 900! 2,000 ' *287b 29 78 *72 *126 • - 774 20'4 20% 20% 23'a 2314 7% 7 Va 774 77b dlv Cheiri-i——4—4No paf partic' preferred PoW $6 T>ref„- No par 5% pfd—. 100 _25 Virginian Ry Co———4—— .'' 6%'' preferred—/.——.. 425 100 Vulcan Detinntng- Co4— — 500 1,300 Preferred 4—_—-a.—' 19 Mar" 9 112% Jan: 12 30 May 1 July 30 50 55 Sep 12, 18% May 28 3 20% 2374 24 24 2,900 7% 7 $1.25 preferred—4——4_No 3,600 100 Jan 1 , 22 Va Jan 2> 8 110% May 4 -ft Jan «■ 15 Apr 15%, Dec , 74 Aug ■• 31 Dec 34% Jan 2 8% 25 Sep 26 11674 July 15 111% Dec 116 Aug 417b Jan 6 39% Jun 45 July 55 Jan 19 Mar 57 Mar 60 : 11% Mar ■ Dec 2074 Aug 57 15 1 28 Mar /July Nov 18 66 Aug 66 25 Va Jan 19 20 Mar 27% Sep 'Oct .7 74 Dec 2% Jan 4014 Oct 21 1874 Dec 2% 116 Sep 11 114 Dec Aug. 2874 July 118 Va! July 14 Jan 3 21 "3 Nov 10 11 Dec 2374 Sep 24 Apr 29 37% Jan 20 30% Dec 42 Jar 26 May 22 2974 Oct 13 29 Dec 33% Feb 70 120 . Jun 24 Mar 11 96 lb Mar Jan 138 5 89 Feb 105 Nov 9 135 Mar 143 Jun 10% Mar 25 -rl- Viiltee'-Aii'craft Inc., 3,000 21 100 Va lron Coal & Coke 133 7% 6 Va El 10 30: 78 133 Va -Carolina j 1,000 •22 *25 2014 ' 117 117 19% *72 2014 2,700 57 24 *114 % *126 Va n N01 man Mach Tool 500 i , 18 ' 20 80 21 2,000 7% Jun ,24 Dec 31 14% Jun 23 2.50 •% Sep 23 207b J ail Jan- 20 22 Vanadlimi Corp *of-Ami.——No par ' 3974 116 133 *2014 ;■••• ■ 2 Jan • 3,000 9V4 25 "Vad'sco •Sales-/_4——4——No par -100 .'; Prefe-rred"———_ 4—- " 7% 7% 7% 167b *19% 2814 *7474 80 1.28 31 *115 Va 397b ' ♦ 24 *115 lb *46 57! 4 9 24 23% *115% *36% - 4,000 170- 31 *1147« 277b 2874 %' Vb" • ' 24 " 1 1674 53 ■ 116 22 1674 39 • 3714 114 16% 22% 2 114 25:t 15-% 39 2374 37 30 *53"'4 5714 *23 38 28 Va 38 53 *37 277b *46. 52 J* % *27% 1574 *2314 3714 *45 **8% 7b ■ *115 Vb 357b 357b 35% % 27 87u *115% ♦115% 7b • 6% May 22 par 167b May 22 25 Apr 1 21% July 3074 Jan 26 W *7% 19% 1,00 102 For . 774 *714 7% 197b * *7% 20 20 20 *100 102 *100 footnotes see page 2199. 7% . 20 102 23 7% 20 TOO 20 102 . 20 20 TOO 102 2014 TOO 7 Vb 1,800 2014 1,500 102 . Wabash RR preferred— —100 Waldorf!' System—.:—-——No par Walgreen 'Co-i—-—-No par 4.V; «£• nreferred with warr_l 100 2 6% Mar 25 16 OTl/„ Apr 23 Tn« '10 77a NOV 23 20% NOV 18 160 1/. Aiit on 6% Dec 1574 Dec , Sep 467b ■ 30% Dec 8 V-i Dec 4 247»-Oct 23 May 20 Jan 3 % Apr .__1. V. preferred— ,• 2% .100 9% Feb ■5V4 Mar t 2 Sep 11 347b Nov ;30 MO par Preferred". ■ Dec 34% 18 '8Vb Doc Apr £8 7.7b Jan 10 DeC 6 18 37% Oct .28 28 May 26 4 % par $3.60 conv'preferred—— Mo put. '. 33% 5 .100. Mo The" Pair—. 55 *3214 Apr .15 28 4 Apr - 1% 16 407» Dec 3% Nov 2 97b Jan Apr .28 Texas Pacific Land Trusts'. Thatcher Mfg Co— 500 • • 7 Va May 14 ./10 ; Texas ft Pacific Ry'Co_d„ 100 2% . *49%' 55 Oil Coal & 7 Sep .7% July 3% May 24 Nov Dec 3%.. Dec 5' 35 30 .No par d .No par. ProdUc'g Col— 2,800 1,600 36% 2% ; 27 b ' -t-25 Texas Gulf Sulphur* Texas Pacific % Mar 1 .u-5 6,600 1 67b *3474 35 35 *49 7a 55 77a ; 1, Corpr l'exas Gulf 2,800 11,900 19 *6 %_5 Corp„_^_; Texas Co 3,800 7% 18 Va 67b - 37 8% 77b 18% 57a *32.% 37b 33 % 32%. •'' ■ 3% 3 367b 8 187 b , '274 *2'7b 55 37 a 374 *33 It • 27t 1 ■• *49 7b 55 '7%' 57-t *5-% 36'% *27-, *49% 8, 17% *17; , 6 *347-4 36% *31% '774 17% 6 0 % 3ij 8 8. 8 7% 17-'i. • 600 16,400 3% ' Tennessee 87 a 407a 8 7% Telautograph 87b 3674 36% 774 774 200 407b 9 40% 3 357b, ,36. 37b *3% 3!b 3 % -8'% 3 35 7 it . 8 3 lb ' 2:t 5%' 57b 36 *347a 39% • 3 3 3 77a 8 4 35% 35% 35% 7%' 39 7 3 3 3 35 *87« 39 lb 8% 8% 39% 8% 3 la 37b *3 lb 3% *3!'a 3% 39 74 'J 1 Lots' Highest ' "3 '/» 0 100-Share 157a Aug, 17 3% Aug - 3 ' *514 of 19%'Mar 11 Sylvania Elec Prod's Inc„„_„iVo par 4 la a S ■ L—. 28 2174 *27% 277a 21 % * per share t per share per share y per share *3414' Basis Lowest , ' 974 Apr 22%, Jan 10574 Jan , NEW YORK STOCK LOW X X share per 4% 4! 4 % X share per "38 % 39'A *3 8'/2 15!-a *15%. 39% 15% 15% *15% 4% "4% 36% (> 0 6% '■ 2G % 27% 14 % 14% *20'% 2% 27% *26% 18 18 08% *8% 9 87a 52 52% 52% 66 64% 64% 52 *64 % 9 9!a 55% ,*99% 18% 5 . 52% 04 !A 55% 55% 5 5 %. 108 12 12 26it "15% 15 ; 5 253,V 115 '.4 15;% ■ 76% 77% 77%: *1.16 Va 28 25% 107% *107 28 28 25%; 25% i 107 107% 107 1 48 87 82 Va 17% 17% 17%) 59 15 12% 41 2% i'lVa 2% 4 ' .2% 2% . . 13 13! 'a 2% 2 'a 15 13% 13% 3% 4'4- 19% *19% 19% *19 Va 19% 19% *2'% 2% *2% 2% -.■*2'% 2 'A 2% 1TB 1% 1% 1%. 1% 1% 1% 7 % 7% 7% i 7.', i» 7%. 7% 7% V 7% 4! 4 Va 4 4 Va *57 *108 120 4108 58% *57 *108 ,120 17 ''4 17% 17 17'%' 29% 29% 29'4 15 14% 15 Va •: 16% V . 14%J 14%. .14% *117 124 *117 *106 114 *106 115% *106 115'/a 45 *43 48 44 56 44 44 107 *86 88 86 56%' 56% 56% 22 !»• 21% 22% 12 «A 124 12%. 120 Va 120 Va 217h ' 22 12 'A 120 V* Xl2 Va *19 . White > ' 2 %-' 734 28% 7 Va 4 Va. 120 18 18 ' 17-%-' 29% VV %• 29'4 124 22'a 12'A 12% *81 80% "81 Va • • 8% 8% 18% 18% 18% 19 V8 115% 44-3+ 86 -*86 58 *57 j, •: 12.%413V.,''\ 7% ** 29% , %23'A* 13 V»" 4,12%.' '1% : 7'a •Bid and asked prices; reduced from 100 to sales no on 10 shares. •2 this day. ; Jan 4'A Jan 25% July X71% NOV 12 65% Mar 74% Jan 7 % Aug 28 10 % NOV 6 Jan Dec 106% Jan Jan 99 % Dec 115 Jan 93 Jan 89 Nov 107% Jan 113% Jan 112 Mar 117% Jan Feb 15 Dec 18 22 104% 16 104 % Jan 9 18% Dec Apr 28 4Vb May 20 3% Jan 27 8% Jan 28 Sep 2 30 Aug 50 1,000 2,600 ; 1)1,600 I | V .2,500 T 13,200= t 310 80'A 80'A 8% ; 9 19% " 20 v 2 *1% 2 $ In receivership.'- a 19% • 3,200 - 20 . i% ~-%" 9 " 8,300 2 '2,100 18 71 Oct 105 Jan 28 118. Dec 141 Mar 18 27% 27% Deferred'delivery.'^ "n New Stock.' r Cash sale, Apr 105 Jan 36!'a July Apr 112 Aug 2 60 Apr 18 60 Aug 65 July 9 93 Jan 22 85 Deo 100 Jan 9 27% Feb 4 21% Apr 30% July 7 69% Jan 29 58% Dec 76 15 17 10% Jan 15% July 17%. Jan Apr 25 15% Jan 5 10% Dec G 5% Nov 14 2% Dec 29 Jun 3% Jan 27 2 V» Dec Mar 5% Jan 41 Feb 54% Jun 22 »4 Jan 13 18%, Dec 26% July 1% Dec 2% May 2% Oct 10 1% Apr 2% Jan 8% Oct 16 3'% Apr 6% Dec 14 6% Jan 20 4% Dec 7 Sep 23 7334 Jan 13 60%. Dec 77 Sep 110% Oct 5 109% Oct 115 Nov : 1 7 19% Dec 33% 6 X30% Nov 9 23% Dec 34% 21% Jan 28 16 Dec 25 3A July July 28 98 Mar 24 15 14% Jun 13 Nov 106 125 Jan Jan 147 Aug 130 July 85 Jan Jan 26 47 3A Dec 73% Aug 26 50% Dec 75% Aug Jan 15 86 Apr 122 July Jan 5 50% Dec 80 Jan 13 117 17 54 44 Jun 9 80 Jun 23 104 Apr 24 62 ;39 Jan 57'4 Jan NOV 42% Jun No par (Del) —No: par Sep 22 16% Dec L21% May 117 3 <2% Dec 15 107 % Jun , 8% July 12 29 3% Sep 1—--——10 Jan Jan 53 6 May .51 Mar 23% Oct 3 22% Jan 17% Dec 15 13 Jan 15% Jan 2 10% Apr 28 14'4 Nov 9 10% Dec 111 % Jan 3 121% Dec 10 109% Dec 5 Apr 23 28% Jun 3 —100 Dec 12% Jan 37'% Jan 13 29 Dec 42 % Jan Oct 20 76 Deo 95 Aug 12% Jan 5 Dec 18% Jan 8 Dee 15% Apr 1% Apr 3% Oct Jan 78 7 20 19 y Ex-rights, 9% 17 .2% Jan 28 1% May 21 Special sales." x Ex-dividends, Dec 5% 9 7% Nov 87 12 May U 834 Feb Corp__———No par 1—1 Products Corp— s 34% Jun 8 1% Aug 12 No par —No par ,t5%% preferred series A—,—100 Youngstown- Steel Door—-_No par 1 Zonite No? Jan 24 15% Apr 23 Young Spring & Wire Ycrungstown S & T % Zenith Radio 24% July July 134 Apr Yale & Towne Mfg. Co_—1—4.-25 Yellow Truck & Coach cl B— 1 10- T% Dec Nov 40 —100 4 31% 15 5 Feb 31% Jan 6 12% July 21 Co-i————10 Preferred. July 1% May Feb 58% Dec —No par Jr 9 Dec 4% 18%. 13 .17% Dec .-No par (Wm) 4% July -43 Wright Aeronautical Wrigley 29% July -80 . 3 preferred Dec Dec 108% Oct Mar 11 22 Apr 30% Dec 28 100% Jun Oct 127 5 Apr Oct 107 1% Sep 23 81% Dec 24 109 20% July 15% 19% Feb 18 .-23 - 88 91 104 Apr 27 -63% Apr - 4——U 100 preferred A 6% preferred B •-—100 Prior pfd 4V2% series— 100 Prior pfd 4%% Conv series—100 30% ''30% 8H" " .'•> 8% 4 19% 2 20 % Dec 13% May 27 7% 80 1,200 *"118'A' 121 Va 30% ' 81' * . 8% 19% 19% 2 Dec 1% 1G3A Mar % May 18 Worthington P & M (Del)—No par I 86 $6 ' ! V 58 ; 22%" 23- y,% 23 % ' '81 10% July 22 6 4% Apr Woolworth, (P W) {2,700 124 -"*44 > 45%' \ 44%-45%, "*118%%2'l% '29% Va 8 8% 19 2 Va" 2% 2 2 8% 8% 28 --23% Feb Corp———1 —No par -20 Woodward Iron Co 1,500 24,000 • 8% Nov 3 20'4 Jan 12 Wisconsin El-Pow 6%*- pfd % 16 Va '15% %T5%"c% *106 x56%": '7% ' 7% 29 18 6 1% Apr '• 300 - 29% 'V *116 % 86: i . *118%-121% 29=% 15 _No par Co Wilson & Co Inc '9,100 1 57% *106 44% 44 56 !V 7'A 29'/a 81 81 81% *81 7Va 29% 7. 7:| 8 29'/a % Jan Willys-Overland Motors 1 6% conv preferred ——10 " *7% 28 7 « Jan 17% July Wilcox Oil <te Gas CO'———L5 =3,100 57 Va J. 15% %15%";; '• lJ '86;. \ 22 % 233/4 Dec ——1 $4 conv preferred Prior preferred *9,200 4'A 4 % ,,"44!4: 46" *80 -.12% -- —-No par Rock- Min Spr White Sewing Mach | 600 2% 7% 125 % *106,= 22% . Sep Dec 10% 2 —-No par White Motor Co 1% 58 '• *116 56 „ *118'A 121% 120% •. 17 .45 44 86 56% 56 » . s 7%- 29'A 107 *43 ^ 44% *43 88 44 *86 V- 58 ■ 124 • 45 <*43 .2,100 t 124 *43% V 15%.- *117 *117. „ ;1,000 20 Va •.*21/4 2- 7% 29% 124 , 38 14 23 12% May —No par $5 conv prior pref— No par White Dental Mfg (The S S>—20 49% 2% 4% 17 29% 2% : *35 193,4 *106 29:"a 29 I 49%-.- . -1.% - 120 *108 120 ■ 7/ Feb 2 Oct -.97 Wheeling Steel Corp ■'1,400 4 2% 2 % - < 19% -: - 10%. -16% 29% *15. . "'58 " *57 58 Va- * 13%,. 3% *2'A . 4'/a 4% 4 Va 4'% • 13% -v 3%' *35 19% 2% 1% 15 25 Feb 14 39% Jan - May 1 -10% Sep 21 - Wheeling & L Erie Ry Co 100 5%% conv preferred ——100 "70 4,100 1 310 60% *14% 8 19 3 -102 12.50 Instrument— Elec $4.50 preferred—— I . 5 ' 49% *2% * 14 % - .. Westvaco Chlor Prod- ) 180 18% 60 2'% *35 49% *35 •* •2 % • 59'% 59 'A 13% % 87 18 * 15 " *3% 4 48! 18 Va 60 59 *14'/4 - 107'% *82% Weston Dec 16 34 50 preferred——— il,400: , 27 *43 V 48 -82'/a 1st 60 j 1.9 0 0 30'% *2534 700 I .'"107% 108 108 t Dec 77 Jan May 18 - Westinghouse El & Mfg———50 J1.900 f 500 118 30 2612 *43 18 19% 58% ^9,100 '4,000 81% 80% 29% '; 82% 49% *57 12,500 . ■ , *35 a 16% 117% 118'% 26 ' 49% *35 *15% - 80% 29% 17% 17% 59 13 4% *4 4 Va 87 17% 157a 77%. 48 *80'% *14%- -17 15 12% 32% a *43 59 59 *14'% .48 ,87 17%. 17% 59 *58% *14% i8,000 . 26% *117 108'%. 108% 107'% . *80% 83 . , *43 V 48 *43 *43 *83 27% 18% * . ■ Xl5!a . *116% 118% 28% 29% 25% "25% 28'% 2!i7'ii *26% 1- 25% , 78 77'% 118% i T5% . 5 V-t' 103 , V, 18% 2% - 7a . 20 ! 15% >78% 118% 2% 5% 1 20 *116% 26 1% *100 =■=' 18'% 1 5% *% '■ 20 .;18'4 2 % 5!« • •' % 773'4 f 5%- 26% '• 102 *100 . *' ■•2 ' 5 , , 7f) 118% *20% ■' 18'+ -lavii .2 2 77% *25 % 2% I 400 :l,300 I —L " 12: " 6% Feb 2% 53 Jan 36 1% 12 ' - Sep •59% May 20 par 5 % 108' 108 < • 12 . Jun 26'A 1% Jan -No par class A 1 % Apr 11 ,—100 —100 West Penn Pr Co 4 % % pfd 100 West Va Pulp & Pap-Co No par 6 % preferred i 100 Western Auto Supply Co__J_ —' 10 Western Maryland—* _j■ _100 4% 2d preferred— .-—-—100 Western Pa-cific 6 % preferred—100 Western Union Telegraph ,—100 Westingliouse Air Brake——No par - Dec 8% Dec Apr 25 41% Apr 27 440 Sep % 80% Oct preferred 330 : 6a8 13'% 27 preferred—,—; West Penn El ! 56%-' Dec Nov May 14 6% } 350 06 2% 1 7 </o 53 'A 553A. . 15% 29% Nov 4 17 -15 - .—LI West Indies Sugar Corp Feb 12 par preferred——„No Sep Sep Xl2% 13% Jun Snowdrift_„^—No par 2% ' 1 ■116% ' .12 101 *1.00 .18% 18%. 15% . 108 Xl07% • 12 11% 101 *100 26% 26 15! 4 108 » ■ ' 20 3 „ 53 108 108 l"a *% $4 conv 66 64% 59'A *51 53 % 643't '55 7 " 1 % -_No Jan 36 24% Oct :—1 ; Eisenlohr Wesson Oil &- 4,000 9% 9% 9% 55 >4 5 *4% ■ ■ *1 2,700 04% •2'AL 2% 2 !i) 2 '/a *4% Webster f. 300 2%- share 6% Dec Nov Feb XG5 par No par. Co——-No par 5 Wayne Pump Co 68 9'/4 9'i 700 300 68 53 18% 18% : — •: Gas Lt v 69 • 04% ' :*99% .101 101 1«% *65 Fdy & Pipe Washington Waukesha Motor Co i 17% 53 12:!i, X12 12% 12% 17% 2% 17% 64% ,107% 107 107 3 07 17% 2% -fto 3 25% May 6 4'4 Apr 5 Pictures- 22 % ]y[fty 16 50 $3.85 preferred—,— 1,900 J 800 17'% 52% 55 54% • 17% 2Va 17 —a^lVo par — Bros 2% Jun No par ' " *54 12% ...No par preferred Warren 15 12% Xl7% 70 9% 9% - 26% 15 12% •17% '"03 70 '*05% r. 17'« -17% 17 17% 430 15 * 3 • preferred Ward Baking Co cl A 104,900 12% 18 "2% Div redeem Warner 8% 80% *25%' 27% v1*.. 12% 08 4% 8% 14% Xl7 8 80% 14% 08'/a 16',4 Oct *4'A 80 12 '/a 17% 13% Mar 23 8% 7% 12 3 300 Class. B 27% 14% *2 %- 15 Va $7 12 "17-'a 12 Highest $ per share per 14 41% Nov 1.600 14% 2% 5 % Nov 17 1,400 *20% 17% 23 31% Apr % 14% ; 3% Apr No par 28% 12% *2% . No par Good & W Ltd (H) Va 27% 'V Co— Walk X28% 79% X share Walworth ta 12 % 17 "!a ' a 7% 79V-* A17% 18 • 2'/a 77 7% 79% per 1,700 28% 79% 7 Vo "77% X 7,400 4%. 28 Lowest 13% 14% '•20 x 12% *17% 27% 7% 79 79 28' Year 1941 Lots Highest X per share Par Range for Previous 1 100-Share 4% 16 %, Va *27% of 39% 41 ♦ i«. . 2 27 3< 79% 0% G% *77',4 *12% • «l 27% *27 27% 27 &i,'« , l irf 'It!' . 4:' 4 4 4a 4% 1*4 4% *4 Basis Lowest Shares 4% 4% 39% 40 On EXCHANGE share X per Range Since January STOCK YORK NEW the Week 39% 4% 29% 4% 4% *15% /15% 15% Dec. 18 share per 39% 39% i r>1 i • X share per Sales for Priday < Dec. 17 4% 4% 4% 4 $ share per STOCKS Thursday Dec. 10 IS Dec. Dec. 14 Dec. l'i Wednesday Tuesday Monday Saturday RECORD SALE PRICES HIGH AND 2199 & FINANCIAL CHRONICLE THE COMMERCIAL Number 4135 Volume 156 120 Jan t Unit of trading if Called for redemption, — Transactions at the New York Curb Exchange Transactions at the New York Stock Exchange f, Weekly and Yearly Stocks Railroad Week Ended Dec. 18,1942 Number of - United States; Total and Mi seel. Stocks, Government Bond Shares Saturday,.- W«+4Mf ' 906,200 $4,456,500 6,554,000 2,500 8,326,000 587,000 5,300' 7,140,300 8,918,300 8,118,000 385,000 1,000 8,504,000 x Thursday, Friday —— $3,073,000 $75,000 $52,067,600 / 1,088,284 10,376,900 $48,919,000 137,940 676,000 40,000 149,365 833,000 s— 1-— $399,000 14,000 152,035 10,000 562,000 Jan. 1 to Dec. 18 Week Ended Dec. 18 Stocks—No. of shares— 1942 1941. ; - • . 843,000 226,995 8,000 891,000 1,065,000 29,000 1,094,000 936,080 _L Total 883,000 197,810 Thursday Friday-. $4,396,000 $109,000 Stocks—No. of shares— 5,023,719 6,773,312 116,848,060 $273,000 "$6,459,050 $19,004i000 3,073,000 3,138,000 119,427,000 2,102,847,100 157,272,000 1,856,261,000 Government—:. Foreign— Railroad & Foreign corporate 842,766,000 $2,228,733,150 $2,032,537,000 Total———L industrial.— 48,919,000 Total $52,067,000 39,355,000. Domestic $4,396,000 —— 109 000 Foreign government —— — Below are the daily closing, listed on averages of representative stocks and bonds the New York Stock Exchange as compiled by Dow, Jones & Co.: * $4,509,000 ' ; • 30 - 20 15 Indus¬ Rail¬ Utili¬ trials roads ties Total 65 Stocks Second 10 First Indus¬ Grade Grade trials Rails Rails 10 Utili¬ ties Total . $%s— 40 t%S Bonds Feb 2s Mar — Apr 100.2 99.26 15, 1945 - 2s 100.4 99.28 12—^— 115.82 26.16 13.78 38.24 106.35 91.90 51.26 109.86 b0.70 b0.70 100.11 1, 1943 1,1943 I, 1943 0.55^ 0.55% 100.15 89.84 December 14 115.83 26.03 13.93 38.23 106.11 91.92 51.45 109.89 89.84 51.49 109.88 89.88 51.95 109.85 90.01 December 15—— Decemebr 16— December 17_ December 18 116.31 . ' 26.11 14.00 38.38 106.33 91.83 117,06 26.51 14.20 38.73 106.32 91.94 118.68 27.22 14.56 118.97 27.29 14.35 39.41 39.45 106.30 106.29 Federal Land Bank Bonds— 4s 1946-1944:— 4S 1964-1944— 3%S 3s ' - 92.36 92.24 Mair 10, 1943 — l%s Jan. 3, 52.53 109.78 90.24 52.46 109.66 90.16 - 3s Jan. 1, 1956-1946 3s May 1, 1956-1946 — — ■ Bid Ask 100.18 100.22 , IOOV2— July 15,1943 Apr 15,1944 tl Vb7o $1% Authority— 1%% notes —-—Feb 1,1944 S 100.20 100.9 100.2 100.4 100.21 100.24 105 ^ 104 I J. 105^ 105% 105% 105% U S 106 U S Conversion 3s 100.24 100.7 Housing 104}-) — 1955-1945 1955-1945-1 1944— 3, 1943 at Reconstruction Finance Corp— U December $241,459,000 Federal Natl Mtge Assn— Federal Home Loan Banks— 10 10 Date- $4,874,000 $169,738,500 Call July Feb -Bonds— Stocks * $4,755,000 $164,284,500 $231,633,000 68,000 4,726,000 6,704,000 51,000 728,000 3,122,000 Ask Bid Commodity Credit Corp— '•%% ; L May 1, 1943 tV/a% L —---— - f ^ 4,000 Obligations Of Governmental Agencies Stock and Bond Averages , 31,350,638 Bonds ~ S; 1941 1942 20,680,476 155,912,031 $75,000 Bonds U. 1,425,985 936,080 ——— $4,509,000 $4,000 Jan. I to Dec. 18 1941 1942 - 1941 1942 720,000 $4,000 Week Ended Dec. 18 ; Total Corporate $8,000 548.000 ;— ."Wednesday 10,734,900 . $391,000 - Tuesday Foreign Government Domestic 71,935 ^ Monday- 12,313,600 5,000 11,633,600 5,023,719 Total— 1,000 353,000 679,000 1,307,730 — Saturday— Value) Foreign Shares) $61,000 f Bonds (Par of Week Ended, Dec. 18, 1942 Sales Bondsr 584,000 696,270 Wednesday j ..% $485,000 684,505 Tuesday— ■> Bonds $3,910,500 340,730 Monday Foreign Bonds* (Number , 106T7tT 107!+ Other 105% }b 107% Conversion Panama Canal Issues 3s——1946 -1947 3s _—1961 ,, , —, 107% 107.+ 109 127 J^7/2 1-8 % THE COMMERCIAL & FINANCIAL CHRONICLE 2200 Monday, December 21, 1942 am Bond Record New York Stock c<» FRIDAY NOTICE—Prices WEEKLY - YEARLY - "and interest"—except for income and defaulted bonds. Cash and deferred delivery sales the week, and when outside of the regular weekly range are shown in a footnote in the week in which they occur. are The italic letters in the column headed "Interest Period" BONDS Stock New York Friday Exchange Week Ended Dec. Interest 18 S. 4y4s Treasury 4s—— Treasury 3%s .>1944-1954 ..1946-1956 J-D 3 Vis— 1943-1945 3%S—__.._.T——>1944-1946 A-O Trea sury 3 Vis. _>_„.—>>1946-1949 J-D 1949-1952 J-D _____1946-1948 J-D Treasury 3 VaS > Treasury 3s__ Treasury 3s„>_>_ Treasury 2%s Treasury 2%s. 1945-1947 »_ Treasury 2%s_„_ Treasury 2%S— 102.6 Stock 105.20 A Costa 108.14 110.29 108 107.4 Rica (Rep of) - 110.28 4%s 110.17 1947 *29% *29y4. 104.25 *107.4 107.11 107.30 107.2 108.31 108.10 108.15 40 1952 39 1953 40 y4 7s—______ 1951 debt_„ 18 % 102 Va 49% 17% 46% 12% 18% 13 ' —- 99% 101 V— ' - ' 1 102% 102% 100 — ;72y4 1953 105 V4 ; 107.6 *107.29 107.31 *108.8 106.9 ——>.—1958-1963 J-D *108.11 108.13 108.16 —1960-1965 J-D *108.30 109 108.16 *104.13 104.15 wks 5Vi s___— 1945 73% — 368 102% 115 32 §ADenmark 20-year extl 6s__ 1942 External gold 5Vis_— —>1955 33 15 35 *25 33 20 20 50 42 29 49 33 20% 55 * 43 18 22% 50 63 73% 53Vi 105.25 Treasury 2 y2s—— 1945 Treasury 2 Vis J-D 1948 M-S External gold 4Vis 107.7 103% 68% 83 100% 107 , *107Vi 109 (Rep of) 8s ser A_1951 ASinking fund 8s series B____^_1952 110.18 104.21 A Public A Czechoslovakia 30 18% 40 102 Vi 102% —_—1977 31 31 : 40 ya 18 29% 25% 25% 42 *100% High 25% '. 109.25 109.31 external Low 7 32 —1947 January 1 No. — *29% Range Since Sold High _„1940 Sinking fund 5yas_ 109.5 ■ Bonds Sale Price Bid & Asked (Republic of) 5s of 1904—„1944 External 5s of 1914 series A 1949 External loan 4Vis 1949 107.29 *104.25 104.27 M-S Week's Range or Friday's Last Period Cuba 109.14 109.3 Interest 18 of . Friday Exchange ASinking fund 7s of 1926 ASinking fund 7s of 1927 Copenhagen (City) 5s 25-year gold 4%s— 107.3 *106.20 106.22 : .f' , 104.20 103.10 102.7 *109.31 110.2 J-D 1956-1959 »_ 104 *109.1 : M-S 1951-1954 Treasury 2%s 110.8 101.29 *110.10 110.12 M-S >—1948-1951 »___ 108.30 *101.14 101.16 103.10 103.10 •_L range, unless they are the only transactions sales in computing the range for the year. Low 108.27 *102.5 -week's such . High 106.8 106.9 el06.30 el06.30 ». , M-S 2%s — .? . M-S 1955-1960 . 2%s Treasury Treasury : the . Week Ended Dec. 116.2 A-O —1951-1955 ; in is taken of account New York 1 114.14 *106.7 .1 M-S Trea nry try Low *113.30 114 ... J-D ' No. High January -*108.16 108.18 A-O —1943-1947 _„> No AColombia Mtge Bank"6y2s___ 1947-1952 _> Treasury 3%s disregarded are mature. Range Since Sold Government Treasury Trei bonds BONDS Bonds Friday's or Sale Price Bid & Asked Low U. the Week's Range Last Period indicate in each case the month when Exchange 146% 1962 40 58 *106.13 106.15 106.17 Treasury 2Vis—__>»..—_i_>1949-1953 J-D *105.29 105.31 105.24 106.23 1940 Treasury 2%s_ 59 M-S *106.9 106 107.2 §A2d series sink 5y2s__—1940 Treasury 2Vis———_>>1952-1954 M-S 103.6 104.6 61 *103.15 103.17 71 Vi Customs Admin 5y2s 2d series—1961 5%s 1st series__> .»_____>__1969 63 73% —— 1950-1952 Treasury 2 %s_—_ 106.11 1956-1958 M-S —1962-1967 Treasury 2y2s *,1— J-D *100 100.2 J-D *100 fund 1942 74% 71 100.2 Treasury 2 y2s >,.——1963-1968 Treasury 2y2s »». SADominican Rep Cust Ad 5%s §Alst series 5Vis of 1926 1967-1972 _ 102.18 100.22 100 56 100.13 100.17 M-S 103.14 100.2 102.27 102.27 101.17 A El AEstonia : < 5%s 2d series— ; Gl% Salvador 8s ctfs of dep_—>1948 Treasury 2%s_—> Treasury 2 y4s 1952-1955 Treasury 2y4s ——1954-1956 J-D 1947 J-D Mar 15 1948-1950 M-S *101.6 101 102 Dec J-D *103.19 103.21 103.27 *100.15 100.17 100.9 101.5 M-S *100.11 100.13 100.11 100.20 A7s part J-D *100.9 100.11 100.4 100.6 A6s part M-S *100.5 100.7 100.2 100 100.22 18 8 » 18 6 18 100.5 100 70 104.24 J-J 73% 65 1969 —_— —1951-1953 - Treasury 2s— Treasury 2s Treasury _>„ 2s > . Treasury 2s__ Treasury 15 1948-1950 Jun 15 1949-1951 Sept 15 2s___■>, Treasury 2s>_ 1949-1951 Dec. 15, 1949-1951 Treasury 2s— ,.__»>>1950-1952 Treasury 2s__: Treasury 2s Federal 3s —1953-1955 > Farm 3%S 1951-1955 Mortgage Corp— > series A IVis ——1944-1952 series *104.22 104.24 103.27 105.21 Finland *103.27 103.29 104.5 104.27 French Republic 7s 7s J-D 101.8 100 :>_1945-1947 M (Republic) Transit 3% York Unification Foreign 6s__>>>>___>_>_1948 —.1947 103.6 103.4 104.25 M-N *103.2 100.4 103.1 4s_>_>1968 *101.6 101.8 101.10 101.10 J-D 103 Vi 104 103% A-O 57. 14% 1945 f 5s» —I960 7s_» 1957 AMedellin 14% 14% *14% 14% J-J 1948 eonv loan 4s Feb—....1972 (Commonw'lth) 5s of '25.1955 1927—— —1957 of 5s J—1956 4'/2s of 1928..: 15 14% 10% 15% 10% 15% 14% 11 45 18% '95% 81 Vi, 74 J-J 80% M-S 80 M-N v 96 Vi 75% .1949 — M-S 97% J-J external 8s_. .1941 J-D 36% A-0 33% f 7s ... (U S of) AExternal s f 6Vis of 1926— .1957 AExternal s f 6Vis of 1927— .1957 96% 65% J-D *15 >>1954 J-D M-S Sinking fund gold 5s.—;—— Sinking fund gold 6s Buenos Aires (Province of)—r .1958 F-A .1950 75% 30 38 81 Vi 15 38 22 36 1943 M-N extl 5s of 1899 £_. .1945 stamped s ... 5 97% 4s of 1910— 1 .1961 > M-S .1977 ...a., M-S 72 18% 12% 57 16 18% 82% readj 43/b-4%s__»_„ .1976 A-O 68 External s f 4Vi-4%s—l_—, .1975 :M-N 70 f $ bonds.——, .1984 J-J F- A V 67 . Vi 66% 69 , 45 39 68V4. 79 15 68 V f s 9%' 17% M-S 10% 17% J-D *85% 75 86 M-N *80 70" 80 .1957 F-A *80 44 83% .1958 A-O 82% 48 86 .1943 F-A 99% 99% .1944 F-A 99% 99% 99% .1956 m-s 83 .1965 A-O 78% .1963 F-A "78% .1970 J-D v 17% 17 17% 45 17% ■ 17 17% 13 (State)— f 5s s M-S .1959 — 5s. >; — sink, fund 4y2s—i sink fund 4y4s - loan——. Municipal Bank extl f 5s s : 83 83% 82% 5 83, 83% 100 84 99% 53 83 51 Vi > 79 78 V* 80 (City) sink fund 4V2s——1955 A-O 79 78% .,50% 70 v,r 50, . 27% 73 74% 64% 71% m-n m-S (State of) ; m-n *65 J-D —1967 —1947 ^ 70 '■ 72 : 75 65 57% V m-s 14% V- 13% 14% 35 m-S. 13% 13Vi, J-D 13 V i 13V'b 14 13% 118 f 6s 2d ser——1961 A-0 13 13 13% 59 gold 6s—>>>1940 s A-0 7s .—1959 75 101% 104 f 6s 1st ser—1960 (Rep of) external 7s>.. 65 57 Vi 23 *103% 106 ANat Loan extl s (Rep of) 7% 14% 7% 7 15% 15% 7% 16 *13% 15% i f 59 68 •V43 , 70 .49% * 12 —,——1958 s A-O f 7s———1947 A-0 *18% A-O *11% 12% 14% 15% /;\ *12 » A4%s assented ■ 12 .7% 23 ————1968 AStabilization loan 14% ' ; 57% 20 .15 70 46 68% /,68% .. 56 : 13 14% 6 82% 56 .3 68% >5% .1958 > 7sl A4%s assented '67% 179 .1959 Wales ANafc loan extl 71% 44 7 . 10% .1952 f 6y2s s sink fund extl A Peru 34% 36% ~i 5% 13 Va 5V4 14% (City) APernambuco 34% 19 y2 37 79 :.:v 5% 57 - 12% *14 Vi Ext sec ref 3y2s series B 34% 79 10% 25 9% J-J (Rep) extl s f 5s ser A-1963 A Stamped assented 5s—>>1963 Stamp mod 3'/4s ext to— 1994 / *70 68% External s 34% 81% 79 -1976 external 37 80 9 J-J A Panama 100 22% 34% 5% 5 13 12% ' .1945 A 6s series A_— 4s 100 57 34% " 100 83 83 33% 82% 77 37 *75 11 8% 15% 72 82 6s of 1913 assent— r1933 (State)— Sec external s f 6 Vis 5 A Poland f 4'/8-43/as»—h— 12 8 *5% Q-J J-D External 81% 83 1 99% 33% 33% . Refunding s f 4y4-4Vis_iUL 3% 68 f 5% » 8% Q-J .1954 1904—T)— External 81% Va 33% i J-D A 6s 11 *80Vi .1945 External 82% 36 33% J-D .1957 (Central Ry)—— (City) s f 5s External 78 10% 1954 Norway external 6s 1 External 6s— 75% 65 97 97 *98 A-0 >1952. Brisbane A7s 62% 69 A-0 ' § A Brazil 47"% >>;.:' 4s of External 71% ,30 8iy2 " 15 42 82 Vi 77 80 75 J-D f 6s— s 63% *81 5s of 1899 New South 45ya 53 753a 80 - , 88 74%. 75% 75% .1955 s External (US) ASec external 15 Va 10% 96 .1955 External 6%s> stamped assented Assenting Assenting A Assenting §ATreasury Oslo Belgium external 6Vis—... (Colombia) AMontevideo 14% A-O External g s (Prov) 4s readjusted Irrigation— A4%s A 15 V* II *43%' F-A loan 4s Apri>——1972 External 15 Va 10% 15 M-N conv Australia ! *60 55 Minas Geraes ,1. M-N 1971 . I OVa . 3 5 % 16 14% A-0 f extl S 15 / 14% 14% 14% J-D S f extl ; 44 32% A-0 S f conv loan. 4 Vis 44 25% - . A-0 (City) external 5s——1958 (National Government);-*- , , series—___1957 f 7s 3rd series..1957 25 32 Va 14% f 7s series D„ 44 *45% „ J-J S f external 4!/2s„ v A-O M-N 66 98% 106 *43 M-S J-J f 7s 66 A *43 J-J s 15% A-0 A F-A .—1945 coll 7s A__r—1945 s 16% 104.23 J-D AExternal sec s f 7s 2d series—1957 » 6% *103.4 —1945 AAntwerp 8 13% M-N 7s series B Argentine 15 *11 Irish Free State extl f 1st *10 1968 104.20 f 7s series C— s 1964 :» 103.24 s sec paid—. paid 103.23 s AExternal 85 102.22 AExternal AExternal 85 82 103.5 AExternal AExternal 66 >1949 103.4 Govt. & Municipal Bank (Colombia)— (Dept) stamped——>1949 *103.3 Mtge (King of Norway) AAntioquia 95 *103.2 . —1980 : sink fund AGtd 18 65 J-D Issue— 6s Akershus Vi 1945 M-S Mexican sink fund AGtd extl 6s *18% (Republic) s f 6s series A—1952 Helsingfors (City) extl 6y2s 1960 AMexico Agricultural 1967 Haiti City Corporate Stock 7s__— Greek Government—7 Mendoza New (Republic of) unstamped^ Loan Corp— Home Owners' 3s 101.21 101.5 AJugoslavia (State Mtge Bk) —.———1944-1949 — - 105.16 *104.16 104.18 *101.3 .. —1944,-1964 - 103.14 100.24 J-D J-J AExternal sink fund gold 8s„»1950 A4assented ——1963 J-J 14% J-J ' ' 19' 5% > 2 13% J-D J-J . 7V'4 17 11% 11%- 1 5% 14 Vi 15 Vi - f •APorto Alegre (City of) 8s_. :»>1961 AExternal loan 7Vis————'—1966 14 16 y2 29 9% 16%' 16% 37 8% 16% 89% 10 7/15 16% y. ' " Canada (Dom of) 30-yr 4s .I960 106% 107 A-0 M-N 2 Vis_—. .1945 F-A 25-year 3y4s—.———_ 2y4s .1961 J-J J-J 3s ACarlsbad AChile assented < A6s a 6s A-0 1961 19% 20 F-A 19 20% 1961 J-J 18%' 18% 1961 M-S 20 Va 20% 1961 r;./, 10 * 15% 20% 13 19% 13 'r. 12% 19% 13% ! 20% y-s 18% 19 19% 18% 20%' 3 •"15%* '20% 19'/a. '85 r.,13%' 19% 42 20 y8 is y8 18% 20 20 18% 18% 12% 1 19% 19 A-O .1962 A-0 .1963 M-N 20% 20% .1963 M-N 18% 19 6 16 2 45 19% 14% 20Va 13% t1 .1962 —1946 A Extl ASinking fund 1957 1957 j-d —1961 j-d 1961 j-d —1961 63/4s j-d a-0 A6%s assented AGuaranteed sink fund 6s 1 19% 15 Vi 20 Va 13 13 "-•19% , 20% of 1928— A 6s of For 13% 19 17% 17% 23 12% 18 18% 13 18% 17% 12 13 —— 1927 A 8s footnotes Oct 18% page 18% 2 12% 18% a-0 17% 17% 27 12% 18 M-N 18% 18% 2 14% M-N 17% 17% 4 13 m-s m-s j-d 1961 a-0 F-A —1946 a-0 1968 j-d extl loan of 1921 —1- ' *16% 2204. — - A 7s external loan gold— 1966 of 1926 —— 1967 Santa Fe external sink fund 4s_ 1964 municipal loan 89% /J 16% ioy8 33 50 Vi 89% 18% ''46 14% 16 146 8% 18 18% 27 10% 18% is y4 17% V.4-* CO M-N 16% 8% 16% 10 17% r/' 16 31 : -v 1 V 16% 17% 39 •V 9% 17% 17% j-d 17% 16 10% 17% — 72 8s 72 72 10 62 % M-N 17% 18% 6 11% M-N 16% 16% 2 11 16% 1936 (City of Brazil) 8s_ A6Vis extl secured s f (State) M-S 1952 1957 ASao Paulo JASan Paulo ; j-j 41% 41% 3 32 42% 32 32 1950 extl water loan_ 1956 M-S A 6s extl dollar loan 1968 j-j 1940 18% j-j A 7s a-0 A 8s external— § A Secured f s 7s —_ Serbs Croats & Slovenes (Kingdom)— A 8s secured external 1962 series B sec 18 Va 1 62 Vi 62 25 20% 61% 54% 66 14 63 26 4% 11% 4% 31 Va 5 12 30 y4 3iy« 31 Vi 3 12 30'/a 1962 extl M-N —1958 1958 1955 F-A (Republic) extl 8s„ 1946 10 j-d f 5%s— *10 • M-N j-d A Silesia (Prov of) A4%s assented Sydney (City) extl 7s_ * Vi 33 30% 9% 11 4% 10% 12 *9 11 10 «r — 51% 51% 51% 38% 38% 38% 51% 19 18 3%s-4-4%s 1979 10% 6 4% 83 83 9 40% 83 71% 77 73 77 71% 80 51% 63% 17% 17 15% 14 - 39% 1 37% 52 29% 39 W 8 *78 M-N 12 * — M-N M-N ' — :■■■■ f-a 1960 1964 11% 20 AUruguay s AExternal sink fund 14 18% *14 51% ... j-j a-0 - :•. — A 6s external sink fund A7s ' (State of)— AExternal sink fund 6s 52 • 1961 1970 bonds. see A-O 1953 6%s External External 6s ($ bonds of 1937) 10% readjustment conversion 1979 j-d 1978 F-A 3j/2s extl readjustment—. 1984 J-J 1958 F-A ——1958 f-a AWarsaw extl conv„„ (City) A4%s assented external 7s—: *78 . ^ ^ — „ 62% M-N —1978 3%-4'/a-4-ft *78 — 63% 64 *59% 6i y4 *57 60 — 4-4y4-4y2s extl readjustment Jan f $ ; 17% 'I ' 1 17% 17% "• 18% 17% i960 A 6s s 1 .1951 (Hukuang Ry) 5s— (Republic of)— externa! 18% 1960 A7s assented 3s 17% 18% 1962 A Chilean Cons Munio 7s Colombia — 1961 assented A Chinese ~ — 19 y4 ;• 13% 1962 A 6s assented AGuaranteed sink fund 6s A 6s • sec Rio Grande do Sul A 7s AChile Mortgage Bank 6Vis A6Vis assented *25Vi F-A 21 114 18% J-J ; 98 5 1 " 1961 sinking fund 6s__ 93% 16 20% 18% _3 y4 19 (State) 98% 100% 98% 100% 7 93% 98% 14 20% F-A assented 37 m-n 7y2s>—1952 extl 6s—. —1947 APrague (City of Greater) Queensland 97% 102 ■ " : 18% 1961 sinking fund 6s_, .2 • 97%': 19% Feb assented AExternal 18%. A-0 Sep assented A 6s 20 % M-N Sep assented AExternal M-N 100% ■■■.. *11 Jan ... sinking fund 6s A6s J-J 97% ■ Jan . ARy external s f 6s A Extl 97% .I960 Feb sinking fund 6s A 6s M-N .I960 assented— a 6s 97% .1942 External s f 7s» assented J-J .1942 8s AExternal sinking fund 6s A Extl 100% 100 'A .1954 ... (Rep) A 7s 101% 101% .1967 ——— (City) 101% .1968 3s_> 30-year . / 100% 102 y8 100% iooy4 97 3 a 97% — 30-year ■ 103% 107% 99 -101% 101 Va .1944 7-year * 110 % .1952 10-year -•A . -1) 'wm.' mmM0' 66 V* *47 »■ —— 51% 60 51% 9 54 59% 54 66% 41% 66% *10% *10 ' 55 4% •' — 11 3% 11% / RECORD NEW YORK BOND Last Interest Period Exchange Week Ended Dec. 18 Stock BONDS or Bonds Friday's Low No. High Low York New Range Since January 1 Sold Sale Price Bid & Asked Stock , Ended Week Week's Range or Friday's Friday Interest 18 Last Period Exchange Dec. Bonds Bid & Asked Sold Low Week's Range Friday BONDS York New 2201 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4135 156 Volume No. Sale Price High High Range Since 1 January Low High \ l§ACarolina Central 1st gtd 4s Industrial Companies Railroad and g£5s series A J-D J-D Jtf-S 1953 1953 1948 unstamped AStamped Express coll tr gold 4s Coll trust 4s of 1907 Adams 1947 1st Power 1st mtge Albany Perfor Wrap Pap 6s_——:_1948 6s with warrants assented— 1948 5s 81A 94% *92% 85 92% F-A J-D A-O A-O 90'A 89% 90'/a 78 92 Central .—1944 —1949 -1950 ——1950 70 A 70'A 71 66 63 76% JACent New Eng 59'/2 59 51- 64 51A 50 51A 99 41 59 A-O 60 60'/a 60 '/a 6 60 68 " — — income— Alleghany & West 1st gtd 4s—„ 1998 Stores 4%s debs Corp —1995 Edge & Term 5s 1964 (Del) 4s B 1955 fund sink Atchison 106 % 107% 33 55 124 106 109'A 100% 100% 101A 89 100 Atl 99 21 87 55 55% 20 34 58 19 57 — >100 ■-. — 103'A 103 A, 103 A 10 Chesapeake & Ohio Ry— General gold 4Vis 91% 93% "88'A 7 92 92% ■ .—1992 3As D _1996 impt M 3 As series E—1996 93% 35 87% .V 9 101 18 101 J-D *109% J-J *102% 103'A J-J Oct 1952 Atlantic & Danville Ry 1st 4s—,—1948 Second mortgage 4s 1948 Atl Gulf & W I SS coll tr 5s _1959 M-N J-J J-J 73 71% 73 A 181 63% 32 33 —1953 30'A 11 4 J-J 100'A 100'A 10 M-S mtge gold 4s—.———July 1948 105 % 108% 1 58 A A-O registered-^ Division 33 95% 100% , ref 4s Con 56'/a 57 A 61 223 54'/a 30% 28'A 31'A 423 24'A 33% 31A 175 34A ' • 28 30% 28 A 398 24% 23 22% 23% 312 18% 48 50% 210 45 1967 ——1955 37% 35% 43 45 99% M 5s series II 1st 60 61'A 4s 61 A -1947 Debenture gold 5s—————19501st lien & ref 5s. series B—„—„1957 Buffalo Gen Elec 4Vis B— —1981 Buffalo Niag Elec 3Vis series C—1967 1st lien & ref 6s series A 83 modified Stamped to 3% (interest 1946). due- 99Vi - 93% 93. 96% 1966 J-J gtd 5s A—1962 Canadian National gold 4Vis—1957 Guaranteed gold 5s— Guaranteed gold 5s__ July 1969 —Oct 1969 'Guaranteed gold 5s & ; gen 5s gold 3Vis series B„May AGen 4As series C—May AGen 4 As series E——May AGen 4%s series F——May gold gold 4Vis ; ■ 4%s_; _1951 Canadian Northern Ry deb 6Vis_—1946 Can Pac Ry 4% deb stk perpetual Coll trust 4Vis _1946 equipment trust ctfs Coll trust Collateral For gold 6s_— trust footnotes sea page *■' 83'% ' M. 116'% 123 — — 27 J- 68 A 33 45 30% 37% 61% 49 65 *32% ' 107 31% 38 '■ 30 39 28 36 28%. 29% 35 26'A 34 6% 7% 12 6% 7'A 29%. 30% 7% 29 6% 11 26 56% 70 J-J 7 % J-J 65% 65% 66% 1. 10% 44%, 43% 44% 146 33% 51% 41% 40'A 41% 82 32% 48'% 1 1989 11989 11989 J-J 45% 43% 451% 409 34 53 J-J 45%- 43% 45 3a 207 34 53 % 45 44 45% 116 34'A 53 18 17% 18% 1,018 8% 19 4% 710 1% 5'/a ;77 20'% 34% 4s—— — 1st stpd ———1927 5s of J-J 4 4% 4s——-1988 gold 4As————I960 Chicago St L & New Orleans 5s 1951 AConv ' ' " 1 95 —1963 F———1963 4s T-1952 72 39% 108% ~ 80 70% 72 A 39% ■ . 40 23 A 104 % 82 A 81% 98 ■' 115' . 115 ' ' 82% 48 99 28 88% 105 115% 113 5 115'A - 110% 110% V•••': 11A 32 10% *77 34 ; / •',.32 : X 41%' 99 11A 124 101/2 ' 13 5% 77 - < 12% 5% 12 ' 59 59'A, 77% 77% • 7 53- - /, 70 ; J-J J-J A-O 107% M-S 108% 108% 6 10 78: ; 107% 23 78% 108 A " >111% 112% 108% 70 A M-S 99% Cin mtge 3As Union Term .——1967 — 1st gtd 3 As D—1971 series E Clearfield & Mahoning Ry 5s Cleve Cin Chic & St Louis Ry-r1st mtge gtd 3%s 1969 1 VA 62 72% 89% 100 103 105% 19 19 A 20% 18% 34% 18 830 34% 33 VV 18 34 ' 18% M-S 20'A Af-N 3% • > 39 I: 988 '746 10'A 21% 220 1% -5A 69% 69% *60'A ' 10 • J-D 62% M-S 47 . *41% J-J 107% J-J 95 % M-S 96%' - 59 99'A 102% 14 100% 100% 96'A 96% 92% 54 96'A 12 ' 45 105% 103% 41 ' 95»A 54 43% 10 „ 68 45% 5 24 107'/a 108 100 'A J-J 56% 47 47% . __ 80 68 67 54 62% — 19% 9% 3'A 3 69% J-D F-A 109% , , 97% 99% 94% Af-N 50 1993 General 5s series B — ^1993 Ref & impt 4 As series E —;_1977 A Cin Wab k M Div 1st 4s—,——1991 St L Div 1st coll tr gold 4s——1990 Cleveland Elec Ilium 3s 1970 109% 111% Cleveland & Pittsburgh RR— • Series C 3'/2s gtd 3As gtd Series D —1948 —1950 ref 4 As series B_— 1977 1981 1961 1972 & s f 5s series B gtd series'C Coal River Ry 1st gtd 4s— Colo Fuel & Iron gen s f 5s„ 1st s f 4As 5s — income G & E •Debenture —1973 1977 1945 1943 1970 1980 May 1952 deb 5s —Apr 15 1952 5s Columbus & Tol A Income deb w w 46 J-J J-D 93Vi 93 % 94 15 81% 95 A 1st J-J 89 Vi 89 89 Vi, 16 77 90 Conv mtge 3As series I debs 3As* 46'A *61% ; 44 * *105 F-A F-A *105'A 107 J-J *105 __ 108 A-O 71%, 76% 76% 77% 37 A-O 65 65 65% 59 A-O 60 59% 60'% 166' *110.10 22'A 90 A-O "• 86% 89 86 J-D 109'A * ' 71 A 66% 89 15 28 - 24 102 78% 101 V« 51 86% 79% 21% 85 109 113 'A ^.—1955 55 % 84 Va 102 85 3 112% 112% 56 jV 8'J.: 90 *109 A-O 205 90'% 89'% Af-N" J-J 58 3/ 22% 1 May 63 _ 84 21'A 22 22 A 83% 75 %; 84 103% 103% 100103% 83% 84 J-J • *104 F-A 108 63% 7 A-O Af-N 105 105 72 108 105 71'% A-O 74% 104% 108% *106 J-D 52% 64 11 - M-N 108 A 108 —1958 53% 31 106 A 106'% 106 »A F-A :—1968 86 42'A 64% ' __ Commonwealth Edison Co— J-J 85 47 M-S Corp— Apr 1 1969 65 298 44'A ■ 3'As——1970 1st extl 4s Commercial Mackay J-J M-N • 76 135 71% 45% 46'A 99% 99 - 85 J-J * General 4 As series A Gen '68 Va 71% 112 .110 Ul% *99% J-D gold 4s General / ' 108% 110'/a 29 109% 110 109% F-A • 106% 110 *111 J-D J-D Columbia 108'% 112 32 33% - 4'A 59'A 40 • 30% J-J A-O 1943 107% 112 '/a .109% 53 *46'A F-A J-J Columbus & Sou Ohio El 2 344 30% 103% 108% 6 3 A 3 M-N 49% 2 43 25 A 2% 23 A J-D 13 108% 108% 70% 14 A 109% 109% ./.Debenture 5s___: —_——1961 Columbus & H V 1st extl gold 4s„ 1948 99% 106 17 111 A 69% 25'A 22 % 23'A 38% 112 99% 26'A 13% 36 105 105 Vi 105% 14 A 229 40 103% 109% 7 101 23'A 13 108 , 23% 22 26 16 111% 112 J-J J-J 42% 22% 23 A J-D 29% 10 112% 110% 111 109 Vi 26 23% 45 %« 109 Vi >112 111 -109 A 40% 43 104% 108'A 104 ' 64 40% 34 Af-N 27%. mtge_. — AColo & South 4As series,A ACertificates of deposit 85 40'A M-N J-D 42% 63% 1087/8 ' 35 39 '/a 81 »A 106 78% >109% 109% A-O 78% 22% 43 83% .--78 80% 33 34 45% •••; 88% 72% 35% 36% 171 A-O 1st 98% 108. • v 35 22% 23 18 34 34% Af-N 109% • 33 A '''V,« ' '• . 35 • fAChoctaw Ok & Gulf cons 5s__:—1952 Cincinnati Gas & Elec 3'As——-1966 27% 100% 106 :■ 23 50 24 33% 34% 34 A-O .—1943 5s__: Debenture 100% 100% 28 34% ,5 32% 22'A 25 ——1957 deb 5s Childs Co • 43% 107 .10, *110 A t' * 76 14 83 105% *104'A 106 Y''-} 80 29% ... D——-^-1962 95 66% 3 • 1st & ref 4%s series 79 85% / mtge 3As series Chic & West Indiana com 102% .74 " 138 108% 109 *81% v>105 7 • 36 mtge 3%s series E 1st 103% :: 74 . 5 75 A 80 ' X 101 32 33 % - M-N 22 301 34% 33% 34% M-N Station— Union Chicago 32 % 32 M-N 4s———1951 1st 5s—1960 Income guaranteed 5s__—Dec 11960 ACertificates of deposit 105 32'% 33 M-N J-D Chic T H & Southeastern 98% 102 103 78 . 34% M-N J-D — Memphis Div 1st gold 98% 101 i' M-N —1951 3As Gold 100 A 31% *31'A 32'% M-N deposit—-V- § A Refunding gold 4s— ,—1934 jjASecured 4As series A—_——1952 •V 1960 2204. 73% • J-J ——-1987 ————1987 AStpd 4s n p Fed inc tax 1987 AGen 4%s stpd Fed inc tax_—1987 AGen 5s stpd Fed inc tax——1987 A4As stamped—.—: 1987 § A Secured 6 As : :—1936 Alst & ref gold 5s—-—May 1 2037 Alst & ref 4Vis stpd May 1 2037 Alst & ref 4As C May 1 2037 AConv 4%s series A——-—-1949 1954 - : 132 93'A J-J registered-. —_1944 2 4Vis '' A-O ACertificates * 5s t F-A AGeneral ' 102% 105% 8 23Vi !v F-A Guaranteed gold 82 Af-N —1975 tAChic R I & Pac Ry gen 83% 96% 12 78 78 : 108% J-D F-A —1956 96% 11989 ^Chicago & North Western Ry—AGeneral gold 3Vis— —1987 3As registered 1987 102% 105% 17 102% 95 .. A-O ,_1955 43As Guaranteed 88 35% r w ' J-J adjustment 5s——Jan 1 2000 1st A-O —1970 Guaranteed 15 64% 64% J-J 108% 98 104 A-O • 97'% 96% *118 J-J 1st Power 4s_—; 90 J-J . Canada Southern nons 81% 40 30% Af-N 2038 AGen inc mtge 4'/aS— = Cleve Short Line California-Oregon , 15 97% 34% 127% 130% 6 102 Vi J-J 1960 Bldgs 5s gtd—— ■' - 94% 93 80 mtge 1st gtd 4As_ Cleve Union Term gtd 5As Bush Term' 97% 85 * 21'A 48 104 31 10'A - / 25 38 96% ■f 13 31%' 61% 72% i 1 *102% Af-N „■ • 3 99A 100'A 100% Af-N A-O 2 103% 104 104 A-O J-J M-N F-A Af-N F-A Af-N at —1957 ' 30 98 Vi 98% 102% J-D Af-N F-A J-D 83 104% 103% 104'A 98% , fBurlington Cedar Rap & Nor— § A 1st & coll 5s ——1934 ACertificates of deposit— Bush Terminal 1st 4s ——1952Consolidated 5s —1955' 93'A 61'A 49 "• * 129% 129% 104 Buffalo Rochester & Pgh Ry— . 93% 114'% 478 J-J ' F-A M-S M-N . 16% 1997 1982 Eastern 111 RR— inc (conv) & }§AChicago Railways 25% part paid 48 - • 104 104 'A ""^A ; 16 t 72% 53% 45 : ' 26 A-O J-J F-A 4s„,—1955 Bklyn Edison cons M 3'As—— 1966 > Bklyn Union El 1st gold 5s—-—1950 Bklyn Union Gas 1st cons gold 5s_1945 • 114 16% " A-O fABoston & N Y.Air L 1st 117% 121% .*114 J-J 71 95% 100 20 60 A *44 J-J gold 4%s series JJ -1961 1st mtge 4s series RR ——1960 Alnc mtge 4%s ser A,——July 1970 *106 *118% :119 % 62'A 48% 43 2 99% 61'A J-D A-O 1st 34% 29 61 J-J J-J X 233 38% 45 J-J J-J J-J , J-J 83 54% J-D A C—— 130% 126 74 42% 50 Big Sandy 1st mtge 4s„ —.—1944 Blaw Knox 1st mtge 3'/as——1950 Boston & Maine 1st 5s 13 130'A:130% 64% 39 J-D cons 95% 73% 39%' 24% 31A A-O J-J Del 3261 31 28'A 2'/iS———1950 2%s debentures—— 1956 Beth Steel 3%s conv debs—_z——1952 Consol mtge 3'As series F —1959 Consol mtge 3s series G . 1960 Consol mtge 3'As series H——1965 ref 5s series 95'A 80 % 41 71 4s M-N Beneficial Indus* Loan 78 89 95% 95 63'/a 44% \ 30% C———1960 3Vis ——1943 1st & Belvidere 58% 72% 39'A , Af-S —1948 Telep of Pa 5s series B Bell *86 J. 95% 75 49 65% F-A stamped — -—1951 Battle Creek & Sturgis 1st gtd 3s__1989 Beech Creek extl 1st gold 3Vis-:—1951 ' 62 214 73 55% JChic Milw St Paul & Pac RR— 62% 52% 272 59A 59'A Af-S 4s Y ' 83% 10 72 52 % J* 1949 AMtge gold 5s series A J-D RR 1st 5s_, —1943 a —1951 Bangor & Aroostock — ''".'54% ' A-O ^Chicago Milwaukee & St Paul— AGen 4s series A -May 11989 106 102 Ref & gen ser D Toledo Cin 68 J-J ——11947 series A —1966 Alst & gen 6s series B_____May I960 Chicago Ind & Sou 50-year 4s__—1956 J-D (int at 1% to due_———1995 - 97 109% 63% A 1st A-O due—a,——1950 Div ref 4s A,———1959 83% 81% 83 ■ 14 107 F-A ACouv 1 1947) 13 F-A Ref St gen ser A to Jan 108% 109% 108% 19% 13% 80% RR— Stamped modified bonds— 1st mtge gold (int at 4% to Oct 1 1946) due July 1948 • 19 81% / (int at 1% to Sep 1 1946) due -—2000 Ref & gen ser F (int at 1% to Sep 1 1946) due——— 1996 A Conv due_ .—Feb 1 1960 Pgh L E & W Va System— Ref gold 4s extended to——1951 S'west Div 1st M (int at 3%% 12% Af-S B Dec 28 1989 ARefunding 4s series C 40 25'A 29% 29% 1989 AGen to 17 M-S JAChic Ind & Louisville ref 6s A__1947 ARefunding gold 5s series B_ 1947 77% m 15% Chicago Gt West 1st 4s series A—1988 , ' 29% L—1946 gold 4s__ Chicago & Erie 1st gold 5s__ 66'/a 33 cons consol gold 4s AGen 104'A 101 15 57% coll gold 4s„ 1st Div A Chicago 100'A 103% 102 A 103 134 (int at 1»/»% due——1995 16% 100 A 104 110 109 1946 —1944 —1944 62'A ser C 1 1946) 64 100% 104'A registered A—1949 General 4s_———1——1958 1st & ref 4Vis series B_— —1977 1st & ref 5s series A_———1971 97% 101'A 103 A *100 60 Vi 1946) 20 17 26 105'A 61% 1 22 14 15% . 44 105 104% 104 A J-D gen 75 13% 18% 102% 96 104% 104 A —1964 Dec 62% 74% 16% 102, POtts Creek Br 1st 4s— 87% Ref $ ~7 129 74 4s 74 1st 110% 112 A *110% 101% .102% Illinois 154 Ohio 8'A 101% 95 85 A Si 20'% 102 106% 112 44 111% 111% 111 A 83 Baltimore 11 5 F-A R & 109% 112% deb 3s 18% 8 A M-N 110% 112% Atlantic Refining 30 Ref & impt mtge Y-J 84% N 15% 173'i Af-S Prod —1949 i.—1949 M-S L & 12 J-J 4 4'/aS A 3%s AChicago & Alton RR ref 3s_— 2 unified 30 1987 ; — Power Chicago Burlington & Quincy RR— Illinois division 3Vis—— 1949 ,July 1952 General N Y 100% 106'A 52 111% 112 1st cons 4s 28% *15'/a 100% 106% 102% 103% 103 112 A 112'/a Atlantic Coast registered 2d Af-S . 3 ' J-J A 90 Ref & 1962 gold 5s 6% 3 74 , J-J Af-N 69% 1958 Nor 1st —1987 5 As A—,.—1948 55% • A 1st 4s__ 30-year 5s series B_„ 5% 18 Va A-O 99'A 101 '-57'A 58 J-D Knox & 1st 40 30 1987 ; 4s F-A 108 96%, 98% -I960 Atl & Charl A L 1st 4'/as 24% 57 6% 17 1954 101% 1st & ref 4Vas A— Cal-Ariz 76 10% 23% J-J gold 5s — .1960 § A Central RR & Bank'g of Ga 5s—1942 105% 108% 106% 107'A — Trans-Con Short L 36 45% 105% 108% 106% 107'A J-D 1910 registered Guaranteed 103 ——1955 Conv gold 4s of 3As 1st gtd 4s Through Short L 1st gtd 4s 76 107 Nov M-N J-D ,———1995 ——1955 23 29 6 F-A 107 Adjustment gold 4s——-——1995 1905— J-D Central Pacific 1st ref gtd gold 4s_1949 93 14 69% "4 A-O AGeneral 101% 1041/4 . 33 6 J-J Certain-teed A-O Conv 4s of A-O J-J 5s 107 A 1995 Stamped 4s—iConv gold 4s of 1909 6 A-O 10 93'A 100 22 "a 23% A-O 1961 - 4s M-N 1966 Illinois Light 3As Topeka & Santa Fe— General 25 101% 103 J-J (Del) .1957 C series 4s 103% 104'A 104'A 99% 101% 25 101 68 -1962 59% 55 43 98'% 67% F-A 105% 108% 52 42% 48 101% 32 101% J-D Central 208 76 99% 103 7 98 A J-J JACentral of N J gen gold 5s—1987 J-D Ark & Memphis Ry 1st 76% « F-A 60% 106 A 108% 13 102% 103 J-D 100 A 104% 27 106% 107% Jan Q-J M-S F-A Armour & Co « 4s 76 M-N Arbor 1st gold 4S JAnn • M-S A-O 1967 AAnglo-Chilean Nitrate deb—, Vi 138 101% 102'A A-O J Wks & Elec 6s series A-i"_1975 Am Wat 94 58'/a 59'/a F-A M-S M-S Af-N J-J —1951 Allis-Chalmers Mfg conv 4s__ —1952 Am & Foreign Pow deb 5s 2030 Amer I G Chem conv 5%s_-— 1949 Am Internat Corp conv 5'As 1949 American Telephone & Telegraph Co.— 3Vis debentures 1961 3'is debentures —1966 3s conv debentures-1956 Amer Tobacco Co deb 3s ,..1962 Allied 63 *93% modified—— A5s 65 - 63 55 Nov 5s mtge A-O A-O modified 5s 54 1 63 63 1945 §AConsol gold 5s 1945 ARef & gen 5Vis series B_ 1959 ARef & gen 5s series C__*— 1959 AChatt Div pur money gold 4s__1951 AMobile Div 1st gold 5s 1946 A 1st 104% 107'/a 16 107 A 107'/a 107'A 103 JCentral of Georgia Ry— 103% 103 *57'/2 modified- 5s 104'A 104% . Vis—1946 ———,-1946 registered— 3%s 102 1 —1981 Corp 3Vis debs _1962 deb 4 As w w 1947 ACent Branch U P 1st gold 4s——1948 A-O Albany & Susquehanna RR 3 Alleghany Corp— 9 104'/8 104'A Adir 1st gtd gold 4s & 108% 108% M-N Celanese 47 59% J-J M-S 5s w w Celotex Corp 10 6'/a 103% 103 A *103'/2 A-O 1 Cart 98 V2 101'A 104'A J-D J-D J-J 1943 3%s____1972 series B 4s cons 62% 100 A 101% *101A F-A Alabama 44% 1949 1950 Gen Corp Carriers & 10 48% 48 72% *101% J-D 10-year deb 4Vis stamped--——1946 Gt Southern 1st cons A 5s—1943 Ala 65% 70 A *68'A Ohio 4s——_1965 Clinch & Carolina tAbitibi Power & Paper-— 56 110'A 110'A 108 109'A 71 . 109 106 109% ' 1' 49 112% 112% 21 56Va 20 108% 111% 58 106 109% THE COMMERCIAL & FINANCIAL CHRONICLE 2202 NEW Friday BONDS York New Week Interest Exchange Stock Ended Dec. Last & 1943 Riv 1st 4s Pasump As— Conn Ry & L 1st & ref 4 gtd 4As Stamped Conn River Power _1951 High New York Range Since Sold January No. Low 3%s k3As debentures *112 J-J *108 ' -4* 119 — Refunding 5s.— 40-year 4%s—: . 3As debentures .1 108% 110 . *110% 110% A Debenture 102% 102% 47 Consolidation 104% 104% 57 104 106% A-O 106 106 A 10 103 107 -106 -1958 s.f Coal J-J 106 '/a 106 A 107% -1951 J-D 104 A 104 -1954 J-J J-J 1 '■ J-J 96 101% 105'/a 1 23 A mtge 3 Vas .1965 .1967 108 A M-N mtge 3'As 35 4 26 37% mtge 3 As mtge 343i 1" 23 A 1951 J-j : - 9 96% Gold M-jV 98 107 1 .1950 3 As. f debs— § A Cuba Northern Ry 1st 5'VaS— .1942 J-D -1952 j-j .1946 j-d A RR f-A Joint 34 1st 110% 28 5 39% ref 5s "1946 j-i> —1955 Publishing Co 3s deb— 43 ., 79 56 . 63 54 79 '■ 95 6.6 48 196 40% 52% J-D 42% 40% 43 187 37 A 47% 78% 79 A & Iowa & 1st gold 4s Louisville Union 1st 1950 . gtd 4s__ J-J 1956 J-J Ry 3 As series B_______1986 Inland Steel 1st mtge 3s series F-„1961 deb conv A-0 IO41/2 A-0 4s_^i_„„_1947 99 A 101 A 90% i 9 26 21 40 A 28 - Bl„ A 1st 5s A 1st gold 5s series C_. series Internat 33% Paper 5s Ref sink 5% ./ 4 A' 5%, J-J 26 24 A 25 A 24% 25% a-0 37% 37% 39 B—1947 j-j 1955 A_, 99% 104 29'% 6 A 1% 11% 54 26 j-j series 102% 105 A 329 • 1956 6s_—j—-1944 series A & fund 6s 29 ~6 . ' a-o .102% M-S 27'A 99% 102% 27 26% ———1956 Hydro El deb 38% 104A 104 A 27 82 A 19% 103% 103 A j-j AAdjustment 6s series A—July 1952 Internat 35% 25 A 23% .4 37 28'A 33 A 30 5' 37'/a 23% 19 e 98 6G'/a 108 Vn 108 A *101% 102 a-0 tAIntor-Great Nor 1st 6s series A-1952 20 22 *20% *108',-a 110 MS Copper 4s__-1952 Cons Interlake Iron 7 48 39 102% 103% 6 104% 404% 28 11 57 11 128 % 21% 28 39 "3 102'% 105 104% 105'/a ' 10 Int Rj's Cent Amer 1st 5s B—1972 M-N 92 A 11 92 3 » 85 96 ' *36'A 38 A 30 A 38 29 A 23 % 33 'A 95'A A-0 5 56 47'/a *60% : receipts 49'% , 44% tAlnd 109 series A 1 33% 33 % 59 46'% 39% 46 47% Inspiration 40 36'A 53 40 2 J-D Ind 95 A 86 A 95 A 1st. lien & ref 6As——^——1947 gold 4As—1952 ■ Curtis 61 1 9 . ,—1963 106 34'A 28'A 28 to—_. 57 61 1st & ref 4 As -series C___1963 A "27'A' extended B series ADeposit 83 41 j-j 108% 111 A 94% receipts—— ADeposit A6s 94'A 28'A receipts — A extended to series 94'A — 1st ADeposit A7Vas s — receipts—— 5s gold Deposit A Cuba 3'As Steel Crucible debs_—. 1 s 49 71 56 *44 j-j 107'/a 109% 100'A 100'A, j-d 2'As Co 38 A 1 56 1951 20 109- 108 A A-0 .1955 Crane 59 211 42% 82 61 Springfield Div 1st gold 3As—„1951 12 107'A 108 107% M-N -1969 : High 48% 41 41 1 3%s_— Low 111 Cent and Chic -St L & N O— 108 A 110 A 110'A 110'A ■ -1966 Div Western Lines 1st gold 4s__'——1951 1 37 80 ■ ■ *109'% 109 % M-N -1970 mtge 3%$-.— January 1 No. ' 108'a 109 M-N 1st F-A 38 95% A J-J Ind 111 1st 1st Range Since Sold 94 40% 42'/a . j-j 1951 Omaha 105 A 108 62 qi% *33 ' — f 19 104 A 35 ' 1st 1st Bonds 57 82 1st gold 3s_ '. Co— Power J-d St, Louis Div & Term gold 3s_ 34% *.< 4- J-J -I960 5s High 54 A 56% , F-A Louisville Div &• Term gold 3'/2s-l953 102 A 104% 104% 4s._——————— -1956 ADebenture Consumers 102-% A-O 3'As 4s 3—-——1966 Litchfield Div 1st gold ,3s_-.—__19ol A-O deb 4s deb conv Ry non-conv Friday's or Sale Price Bid & Asked M-N —1£55 Bridge gold 4s—i—-1950 Cairo 108% 111 1948 _1955 Consolidated Oil tAConsol — Week's Range Last Period ' F-A 1956 — Interest 18 High 1946 debentures debentures Friday Exchange Dec, Low Consolidated Edison of New York3As Stock Ended Week 1 Illinois Central RR—(Continued) J-J -1951 —— Bonds A-O f 3%s A—— _1961 s BONDS Friday's or Low Conn YORK BOND RECORD Week's Range Sale Price Bid & Asked Period 18 Monday, December 21, 1942 55 F-A 94% 94% 1 J-J 63% 62% 64 % 197 1955 F-A 66% 65% 67% 1951 MS 1% 1% Int Telep & Teleg deb Debentures t AloWa Cent Ry 1st & ref 4s 90 A 101 , 35% 64% 188 38% 67% 11 A 2A . D mtge 3s Dayton P & L 1st 104 1st & 1969 55 A j-j t§ADen & R G 1st cons gold 4s_„1936 J-J 4'As ret' 4'As. gold § AConsol ———1936 AAssented 104 21.. 19 A 2 A Edison Detroit Gen & ret Gen & 2'4 2A 117 1 % 3% 18 A 207 11% 19% Kansas City Southern Ry Ref & impt 5s! Kansas City Term " V - 10 78 A 109'% 112 56% 65 65 65% 74 4s———I960 1st J-J *44% 23 A 23 A 23 A 5 85 A 85 85 A 21 102 A 102 A 25 102 103% 106 108 A Kresge Foundation 3A 1st M 3 'As_—.—-1965 102 A Ga Div & 1st" 5s——1956 106 106 J-J 21A 21A A-O M-N 103 *100 Elgin Joliet & East Ry 3'As——1970 MS El Paso & S W 1st 1965 A-O ———_»_1965 A-O 5s — stamped—..— 63 A J-J —1954 J-J Laclede 109 105 m-s 105 T 105 102 84 170 101 106 A \ 104 A 106% 103'% 107 *105% 105% m-s 1959 95 83 *106 m-s 86% 168 *169% ' -1950 notes— 16 .—1945 Light extd 5s & ref 5As series Coll f 18 101% 102 08 102 % *1% 1% & ref 5 As A-O 5s extended at' 3A * 100% 88 89' 28 72 91% 89% 88 89'% 46 72 A - 10 95 83% 84% 19 75% 88 79 79 2 72"% 84 55% 57 38 35 57 J-J 77'% 77% 12 70 80 J-J 1947 t to— 7538 77 9 67 79% 93% 3 91% 96% 67% 86 100 •J-J Lake Sh 70 56 A 98 88% F-A * 4 F-A 1953 C— D_,4_. —I960 series 100 99 - 91% Lake Erie & Western RR— 104'A 58 A l-"'/ Gas Coll A 155 103 2 " — JAKreuger & Toll 5s ctfs 31 99 A 103 149 '/ 65 5s— _——-1954 99 A 101A 103 *61 Kings ,Co Lighting 1st 1st & ref 6As 107 . 100% 103 25 44;% 80 90 82 95 A . 16 86% 85% J-J 1961 110% 40'% 108A 111»/a 10 . unguaranteed A-0 15 A 8 103 A Si Kings County El L "& P 6s_———1997 108 110 A 111 A 50 *91 17 A *106'4 108 A 103 4 . 86% J-J 80% 1 109% 110 J-D (NY) 64 A v Railroad Co— & Mich Sou gold 3'/as. —1997 .—1997 registered.—— 3 As 100 J-D i 83% J-D • 100 - 100 Lautavo Nitrate Co Ltd— —.1995 M 4s series B— cons J-J Kpppers Co 1st mtge 3 As,——-^_1961 2 M-S 25 110% J-J 40 32 108% 108% J-J M-N J-J 108 A ___1987 J-D *149 1st 33 71 gold 4s_—— 1995 & Tunnel 4'As—_—1961 J-J Erie 62% 69 13 101% 106'/a 67 62% 71 1- 43 37'/a 62 A Kentucky & Ind! Term 4VaS-J,1961 'Stamped, 4-4—4-1961 ; Plain -^r„—, —1961 ■ 108% 112'A 5 34 A-O Kentucky Central'gold 4s^- 7 89 A 241 62%: 61 J-J *41'A 1st cons gold 5s_—1995 Elec Auto-Lite 2'As debs.—, .—1950 5s 4%. — 86% 57% 5734 Apr 1950 103A 104 East Tenn Va Ed El 111 3% 110A 111 Minn Nor Div 1st 4s_——1948 Ry 6A ^ 86% 62% 61 1st 3S-—1950 . J-D Duqueshe Light East "6 A-0 69'% A-0 16 A 1950 88 40 ti&K C Ft S & M Ry ref gold 4S-1936 ACertificates of deposit ; 5 2'A 1937 82 24% I'/a 17 A Range Ry 3 As—1962 1 10A 111% 111 A deb .2 'As—— 97 A 18 M-S JAADul Sou Shore & Atl gold 5s 53% 93 36 J-D Dul Miss & Iron 43 18 K —1970 Chemical Dow 76 94% 3 A A-0 Term 46 94% 214 F—-—1965 H— 43% 94 A A-0 3'As series G—1966 series 3s 45% J-J 4s._ 1990 1st gtd .gold gold 4s 1995 ret Agecond J-D Kanav/ha & Mich *86'A Detroit & Mackinac 1st lien Detroit -1959 3%s——1961 22 A M-S series 4s mtge 1st 4s.._ 108 Va A- O J-J ■ Clear &i Laughlin Steel 10% ' {A Dcs M & Ft Dodge 4s ctfs—1935 tADes Plains Val 1st gtd 4'As 1947 & 389 F-A ■ Jones 61'% 104% 106'A — 19 A F-A to plan)—— (subject impt 5s series B_„-_Apr 1978 & 51% 106% 108'% •: *10814 j-j . fADenv & R G W gen 5s——Aug 1955 A Ref "105 A 20 A James Frankl 101% 101A 288 57 "108 A J-J mortgage 4As__—————1969 103% 106% 101A 56 A J-J 1st 19 A 105 'A j-d M-N 1st & ref 4s-—1943 Light 1st 4'As—1971 Power & Delaware 105 A j-J 1970 Union Ry 3'As series B—1965 Dayton Delaware & Hudson 91 J- J 88 A 91 261 54 A 264 86% >.< 93% A 1st mtge income 1975 reg__—. ■ Dec • 54 ' AGen mtge inc 4'As series A_.—2015 1st 4s—1947 * Y & Erie RR extl N Div Ohio 1st mtge 3'As——1971 54 A ' J-J 52 A 45-% Lehigh Coal & Nav 58 f 4 As A. —1954 s . „ ' M-N *106A M-S 98 A M-N 99 98 A 106 V—' — 98 A 5 series C. 1954 95 Lehigh & New Eng -RR 4s A___. 98 A 1965 4 As sink fund Cons 108 Lehigh & N Y 1st gtel gold 4s_. - A-0 1945 — ,',7 Lehigh Valley Coal Co— Rub 3s deb—_„„1961 Firestone Tire & tAFla Central & Peninsular 5s—1943 tFlorida East Coast A 1st ret & 4'AS--—-1959 1st 5s series A of ACertificates of ACertificates 11 M-S 20 A 20 A . 58 3 21 20 88% — 57 95 20 8% 5 99 69 A *3A deposit ; 4 4A 1% 5s 20% 2% 354 4 16 stamped—-. Francisco Sugar coll trust 6s 1956 J-D *102 A M-N 4'A 100 stamped— 5s : ,— — 81% G stamped— Val 1964 Elec of Berg & Steel Lehigh 1949 116 1949 j-j 98 A 98 99 "4 34 94 100 —Oct 1 1945 j-j 16% 16 17 19 14 21'/a .29 A 29 3 20 32 A j-d *116 tSAGa Caro & Nor 1st ext 6s—_1934 j-j Goodrich 1956 J-D 1946 MS 100. J-D F) 4'ASi 1st Grays Point Term Great 4'As Northern w 1st gtd Ss^——1947 lOo V-i 106 '4 103 A.. 12 100 Lex & 93% 106'A 1 80 "2 J-J j-j 102% 1973 j-j 91A SO 91A 76 88 1976 j-j 84 '4 81A 84 % 16 79% 89 .834 81A 84 57 79 87% General 4 As series D__; General 4 'As 'series E—_—„1977 General mtge 4s "Gen series G——1946 mtge 4s series H———1946 Gen mtge 3%s series I 2 1967 AGreen Bay & West deb ctfs A—— A Debentures Gulf Mob 1st & ctfs Nor B___———■ 1st -——1950 Gulf Mobile & Ohio 4s series B—1975 AGen mtge inc 5s series A__ ..2015 Gulf & 1st Ship Island ref & Term Gulf States Steel J-„ j-j 99% 108 A 2 . 99% 98 A J-J • 98% 105 61 ,93% 1 92% 75 73 A 75 129 69'% 57% 65 A-0 92 *90-Va A-0 87 J-J 70 ... 69 % J-J — 9% 88', _ 10 . 71 4s M 5s stpd 1952 1961 Gulf States Util 3 As «eries D—_1969 J-J *92 A-0 103 A M-N 102 A 95 A 86 *111 111'4 92 A 66 A Hoe (R) Co 1st mtge tSAHousatonic Houston Oil 4'As debs Hudson Coal Hudson Co Hudson & AAdj 1944 — 1st Gas A-O Ry cons gold 5s—1937 f s 1st 1954 5s series gold Manhattan J-D 5s—.1949 1st 5s 104% 106 84 m-n 1962 A 106 104 40 A M-N 40'4 " ,12. • 101 • A—1957 F-A 46 45 A A-O 18% 17 A 10 61% 1 -46 A Jeff ■ ■ . 4s series A—. .1962 4si— - Ark; 1st 5s series A_. Central 23As series A„ 105 19(31 J-J 100% 101% , V. 1st gold 3'As .1951 J-J *86A 1st gold 3'As -1951 Refunding 4s Purchased Collateral For footnotes A-O 49 A 45% -1955 lines'3'As trust M-S _1952 gold 4s A-0 _1951 sterling.! trust gold see page M-N 86% 34% 125 53% 54% 13 46 61 114 116 '115 32 51% 117 A 106% 12 104 109% 109% 16 109% 115 12134 121% 25 121'A 123 A 104% 104% 105''B *99% 105 A 105 A 104 104 3 98 98 5 91% 99'% m-s .1949 v 98% 99 4 92 99 % 97% 08»/a 7 91% 99 % 110% 110% 1 121% 121A 13 119'% 122 A 34 75 84 A 108'% 110% m-s 104 • 98'/a 121% j-j - -77% m-s .1969 /.>** / ' i'.'. ■ • . 109% 78 76'A 109 109 A A '104 m-s ■■ 1 110% 115 104'A 106 105 % ■ 102% 105 ■ - 5s ref .2003 4As/series' C__ 4s series Di—i-—4 .2003 / 104 A A 11 99 93 A 94% 83 90% 86 % 86% 8 82 A 83 % 42 102 A-O series "B——— .2003. ref & & ref • 102 & South Atl j j-j 103 3« 103 3« -j-j 108 A 1083« Div 35 A 36'% 120 8% * 93 A J-J 92 Va 94 80 A 86'/a 5 101 405 104 109 2 104 1 80 84 107 107 86 94 37 106% 108 A 111 A *109% m-N 98 93 A 84 6 - *106 A 108 A m-s 4s—— -1955 81 A. 81A m-s Montg 1st gold 4'/as„ Ry joint monon 4s.—— .1952 Cine 104% 104 A f-A .1945 Knox & 82% A-O 3As series " A1 ext—7Unif-tntge-' 4s .scries- b ext—4~ .I960 Fadu(:ah & Menr Div 4si—. .1946 St Louis Div 2d gold 3sj—^2— .1980 Mob 94% A-0 .2003 sefies E- Unif mtge "4 A-O -1950 lst & ref 3%s 93 M 45% Maine 48% Gen 21'/a Central RR 4s series A— J-D 1945 Manati/Sugar 4s- sink 82% 44 A m-n fund„Feb 1 1957 50% m-s *15 A 85 «/a 79 83 45% 14 50% • 5 44 A 43% 55'%53 A *30 m-n 4s——1959 (South Lines) 83 J-D mtge 4As series A*—'——1960 1 26 99% 102% i western ——-1941 1st gtd-3 As Shovel s f 6s —1947 ' 90 90 86% 93 €4 86% 86 86% ' t Stamped / 4r4 i § A Market; St>. Ry- 7s —— series A__ Apr 1940 69 30% 'b J A-O *. 102 97 *103 Q-A 42 98 102 102 A-O 102 A 02 A . 63 A 89 10 McCrory StoL-es deb 3 V+; 3 A-0 105 105 3 103 105% McKesson j-j 106 A 107 7 104 107% 44 A 46 A 154 39% 49% 41A 45 A . ' 42 A 13 38% 46 A 1945 ' —1955 Rol?bins 3As__— 1956 Metrop Ed 1st 4VaS series D —1968 Merop Wat, Sew-& Drain 6'/2s-—1950 44% 45 % 49 39 A 50% tSAMefi W Side El *35% J-J -1953 2204, M-N -1952 „ 4s 38% 32% 109 3 4 102% 104% 729 *93 gold 3s 29 35 34% 54% / 121% a-0 .1945 Nashville RR— -" ; & Marion; Steam J-J 1st 31% 40% f gAManitowoc Green Bay <fe North_ -1951 Extended 36 29 m-s & Tst v 118 A 120'A RR— 1st gold 4s Collateral 26 31% . 48 138 M-N - .1949 .1966 3AS-2— Elec & Bridge Co gtd,4s Manila !RR Illinois Bell Telep 37 A 28% 27% 29 A a-0 AManila Elec RR & It s f 5s.-——1953 Illinois 26% 27% 26% F-A J-J .1951 1st 93'/a 98 A 106 3 83 ' 19 gtd. f-a & t 1229s 127 A 41 A 28% . *_. debenture-!.--.—. .1951 1 104 m-n 1st 109% 111 A — 118 A —__Feb 1957 income 5s 84 232 •m-n A-0 Louisville 59 . 92'/a *126 A 129 M-N 57 ' ' J-J 48 .1944 & * 1999 42 a-0 Co deb 7s (P) Gas Lou 74'% 46 H Hocking Valley Ry 1st 4'As 52% 72% • :24 : 103 A 51 .1965 ref gold Louisville j i i 4'As 51 52% a-0 stamped——!——_2, ■ 5s RR— s gen Guaranteed '• Lorillard 11-'% 89% 49 58 51%. ,52 A. 73 42 A .1951 .1949 . 99%- 7 Va . 2 . McNeil & Libby 4s——. .1955 .1944 Louisiana 65 58 22 ' .1950 79'/a A "3 43% 5s.^— Ry -ext Long Dock Co 3%s. ext 99% 114 9 A 71A 66 % 42% *65 ■ m-n Lon^: Island unified 4s——. . 99'4 *60 57 65 43"% .y .2003 1st 50-yr 5s Little Miami • 97A " 98'4 Feb 73'/a 105% 108% 47 99 >/4 J-j Feb 5'As B———1950 mtge 5s series C— 108 A - .2003 debenture— 5s A—1961 102 '4. 103' 58 26% .2003 .2003 Liggett & Myers Tobacco 7s— General 5s series C Term East Libbv 100 General 5'As series B———_1952 series A 72% 1 J-J .2003 — Leh Val *94 A (B Gotham Hosiery deb 5s w 29 A 85 58 67% 67% 2 Valley RR— 116 5'As— — 80 68 F-A F-A ■ Valley NY 4'/2s ext— .—^1950 stamped modified registered .! 4'/as stamped modified-— 4 As registered 5s stamped modified—. Co cons 5s... Castings fAGeorgia & Ala Ry 5s., 75 72 86 ■ 35 'A 4s Gas 67% —1^74 — 68 ■ gtd 5s_,. .^^-1954 Harbor Term 4s Gen 99 A 100 — *84'% F-A 1974 fund 5s_t__J_. & ref sink 1st Leh 102% 69 ■ 80 *84% . ■ 1964 A, Lehigh Machinery Corp 3s debs—i—1956 Food F-A • .—-1954 : 1st & ref sink fund 5s_— . 21. Va 7'/a A ; —1954 86 100 ' 5s * M-N fund 5s 86 100 'f' - 93% M-S ■ ■ —1944 stamped-'—; 1st & ref sink .> 'A 79 • of claim).——_ 1982 (Proof 99 79 69 A j-d deposit____——— tFonda Johns & Glover RR— ,:§A2-4s _1974 — 98% 79 j-j 5s 93 '/a 65 49 50 A 52 42 A 553a * (Stamped mod) ext. 5s__ & (Chic> 4s—_^_1938 Q-A F-A m-s A-O 89 111% 80 88 A 111% 112 A 78 *4 80 A 10 18 10 95 109% 113 41 4% 80 6 2203 FINANCIAL CHRONICLE THE COMMERCIAL & Number 4135 vVoiume 156 NEW YORK BOND RECORD Exchange Stock Week Ended . Last Interest , Dec. J 8 or Bonds Friday's Bid;& Asked Sale Price Period BONDS Week's Range Friday BONDS York .New N«. High Low Low Stock York New Range Since January 1 %»ld . Friday High gold AgConsol ext 4'As .HAMllw & State Line 1st 3 V2S 1 AMinn & St Louis 5s ctfs>~ ARef & ext *50 5s; series 2% 17a , 1% J-J 16 15% 6 Vi 15%. ' 15 Vi 4% K :: ■ 5 . J-J 9% 68 74 6'% •"% 2 V* 60% 68 Va v 6 e sl 38 'A 32% 31 j-J 35% 33%' 357a' A-O io'A 17 'A' : . '24% " ',"166 A , -1965 Alst • 131 " A - ref & 5s series ref gold 1,170"; M-N 37V« ;/235 v- ,36%. "i Va J-J 35'A F-A 74'A 15 6974 7474 35% 111 217a 38% 23% 31 *29 O-A 1247 a F-A —' 124% 124% 12474 12874 104 100% 104'a 104 120 M-S *110% 112 114 guaranteed gold 5s 1945 mtge gold 5s (stamped can- A-O *105% ofr guarantee)—a_„:1945 ACertificates of deposit- A-O lien 4s—!—1997 Q-J 72'A Q-J Q-F 4'%s series ref A 21V4 registered——— —1997 ry & Id gold 3s—Jan 2047T lien & Ref & (Wise) mtge 3Vis— 1st 37% 195 21% 68 78 4 66 737a 101 39 45% 727a 697a 697a 69% 41 40 411/4 39 v4 39 y4 2 38 43 78 44V4 54'A 331 5774 70'A • 49'A 51'A J-J 66 64 3 67 54 55'A 24 48 5974 55% 53% 55 Va 53 48 5974 109% 110 8 108 1117a 111% 2 J-J J-J F-A Vis—__^1967 —_1964 109% M-S — 4 11074 309% III74 102 74 102% "101% J-J Teleg 4Vis ext—>1944 Northwestern 5 Va 27'A 212 71'A Co— 1st & ref mtge. 3 (Minn) 39'A 107Vb 51'A impt Ref 99 — J-J _2047 —2047 impt 5s series C__. 2047 impt 5s series D„——_2047 & ' 74 » 48 Q-A __2047 registered— Northera. States Power 39 74 .25% 293 120 27'A 4Vis series A Ref & impt 6s series B 11% A 74 39% 3% 37 Va 36 35% 3574 F-A 36% 35% 37 Va 36 Va 36% ' 74 34% , — A-O ^1974 3s 39% . 33 10174 104 10074 10374 Ref ,23% -3874 . 102'A 102'A 102% 119 4s 39 1% 19 10974 111'/a 102% 102% • 39'A 21 Va 642 36 y8 35% 1087a 109% 110% 1107 a ' & ref 5s— gen ' A-O 5-]- .—— —1981 37 Vi 23'A fc26%' ". "10 " •" 9% 37% 37 M-N ' 21% 36Vi 36% deposit-. of ref 5s series I. & ' cellation ' / V 35% M-N H_—-1980 Co— /Northern Pacific prior ■ 35% , —.1978 of deposit——— ACertificates Alst —— a 10% 3% *109 7b 109% — 120 Gen 8% y2' 3(5 Vi 5'As_——.——1949 gold & Alst M-S series G,> 5s A Certificates AConv deposit of Certificates Alst , 9 3 67 93 '/a 1974 Central Alst . Vi 7 228 ' M-S 1975 series P__——-1977 Ry 34% 21; 35% 36% , —— 4s—1 ref 5s & deposit- of Certificates AGeneral 42 20 y; 247 37 Va 35 Vi 367a F-A 8% 84 8 F-A Alst ' 18% 15% 1107o 108 tNorthern Ohio Ry— 30%* 44% 418 39.% 32%' 39 'A j-J 6 M-S Gen & / J-J 109% 109 7'4 i4-0 4 '%s mtge North 96 Vi 100 V 325 ,41% 39% Va 3% 98'A 102 41 J-D 18% 75 Vi 86 17% r. /:■: 3 vi ,►,, « J-J 17 9% '• ; 7 . y4 17 ?io 34 67 Va M-S Pacific RR Co— 8V2 M-S , AGen mtge 5s conv ; Alst it. ref 5s series A_: ,i ' 2% 9%' '•1175',." 16;, a 38 9% ' -1955 series A—— 1998 inc 2014 RR 5s A 1961 Norfolk & Western Ry 1st gold 4s_1996 North Airier Co deb 31/2S -—1949 Debenture 33A's: 1954 1st "-4V. %' Southern Norfolk 9% 1 % •• : 3 IV }Missouri J-J -1966 3Vis Niag Lack & Out Niagara Share ' 1614 16% 15% 15 7 28 10'A 37 . " J-J A-—Jan 1967 109% t.SANorfolk Southern J-J 1 High 29 16% 10'A *— J-J Pow 1st '5s A_. (Md) deb*5l/2S—; -1950 45% 31% 39 ' B,_1962 4lis series D—A——1978, adjust "Niagara Falls PoWer 18 18 ■ Q-F 1962 Prior lien 5s series,A,— Hen 68 71 „• 9 Vi 2% M-S 40-year 4s series ACum 63 29 27% 8% Va 9 M-N J -J -1967 374s series B t§AN Y West & Bost 1st 4%s—: -1946 37 Missouri-Kansas-Texas RR— Prior 38 58 % '■ 42 27 27 y2 M-S , , 65 Low 14 32 'A 10% M-N Y Telephone N 104% 107 29 . 30 January No. *10 F-/1 ; -1940 -1943 — 31 F-A '• 5s Range Since Sold High ' J-J Sault Ste Marie gAlst cons 4s stamped-.—,T—,-1938 §Alst consol 5s„_„__;— 1938 ^Alst stamped 5s gtd as to int__1938 Alst & ref 6s.series; A—>>, :1946; &25-year<' 5%s»— ——1949 A Jst & ref 5Mis series B>_»—1978 i A Missouri-Illinois < RR 1st 5s 1959 Mo Kansas & Texas 1st 4s_———1990 v 1st "gold 5s—— *37'A' J-D tMinn St. PauL& t ATerminal <•57% "a A__-1962 50-yr 5s series 67 .52% A-O 1941 1934 1949 Alst, & ref gold 4s_,___», 53 ,20 % 106% J-D —>,1939 T gold 57 106 106'/a M-S .W 1st gtd 4s~ir1947, " § A General 56 J-J ... 4 A Mil w Spar & N 977a 73% 97% §A2d 93 V'4 *96 M-N 3'As_, Ref & impt 4'As series, C_ ,1979 Michigan Con,sol Gas 4s—,1963 tS AMidland of N J 1st ext ,5s,,-.,,1940 JS&Miiw & Northern 1st ext 4'As~J939i 1st -1937 69 gold J-J -1937 41/28—. 88 *__ M-S ,...1951 1952 & Sag 3 V2S— Jack Lans Bonds Friday's Low t§ AN Y Susq & W 1st ref 5s Michigan Central— or Sale Price Bid & Asked Period 18 Week's Range Last Interest Exchange Dec. Week Ended 3874 24% O 39% 21 563 1274 474 fJAMissouri Pacific Ry— 3rd 7s extended at 4% —-July 1938 Moh'k & Malone 1st gtd gold'4s—J991 debentures-—— Montana A-0 J-D 82 35 V4 33 30 Vi 23% 1967 M-S 107% 1077'a 108 10 107% 107% 107'A 110 29 Va 1 10674 10974 . mtge 4s—— 374s__— 1st mtge 4 1946 & Nav con gold 4s—. A—;—1978 1960 —-1949 3 lis sinking fund debentures-! 1949 National Steel 1st mtge 3s„ 1965 tANaugatuck RR 1st gold 4s_ —1954 Newark Consol Gas cons 5s„, .—1948 tANew England RR gtd 5s ,—1945 Prod 3Vis debs. 3Vis— Dairy Nat Distillers Prod A F-A J-D M-S & St L 4s series Nash Chatt Nat . . England Tel & Tel 5s A—,—1952 gtd 4 Vis series B___ -—^1961 RR gtd 1st 4s_'—,—1986 N J Po.w & Light 1st 4 %s 1960 New Orleans Great Nor 5s A———1983 N O & N E 1st ref & imp 4V2S—1952 New Orl -Pub Ser 1st 5s scries A—1952 1st Si ref 5s series B -1955 1st gtd Orleans Term 4s_„__1953 .. 73V4 331 : ■ 10574 108% J-J 108 7'2 17 108 'A 112'A 109 74 10974 109'A 19 109% 11274 J-J 106'A 106 106% 45 104 1077a J-j 1962 108'A J-J • 1961 997 a 99 7 a 99% 10 91'A 91% 110 78% 101'/a t§AN O Tex & Mex n-c inc 5s>. ACertificates of deposit—. Alst of of ACertificates 4V4s series Alst >__ 72 H 1961 31/2S series I >1966 J—_—>1976 ref M 3s series K 1971 107'A 111% J-D 109 108% 109 12 106 V4 10974 J-D 102% 102 22 99 10374 J-D 10174 101% 102 8 99 103 % 96 1 85 97 Vb 84'A 95 L *92 A-O ]0774 1077i series'B_—11966 J-D Trans 83 Vi 6674 4 67 65 100 % 10034 100% M-S A-O *57% M-S *117'A Pennsylvania Co— Guaranteed y/ts trust ctfs D>—1944, Gtd 4s series.E trust ctfs—>1>—1952" deposit >>_ f-a 1956 Ref gtd 4'As 1998 Conv ■ , 513/a a-o .„2013 a-o impt 5s series C— „1997 .—1997 registered—,— — —1998 Lake Shore coll gold 3%s___ 3%s ' • •' L—' : , 5974 43% , General 42 46 54'A 4'As General 100 93 462 1943 Pennsylvania RR cons gold 4s» >>-1948 Corisol gold 4s>j»— 4s sterl stpd dollar _„May 1 1948. ^>>1970 Gen mtge 374s series C >>>1960 Cons shiking fund 4'As_ \ : » — 5s 59% 49 70 Gen 90 67 79% Conv 63% 785/B 491/2 57 45% 56% „ 53 74 52 V4 33 ; 44 48'/a 477a 48 *46'A Ref 1st 6s N N series N j-d — Y Y 1st Dock Y a-o 1947 a-o & Erie—See N & Harlem -gold Y Lack & * 6 10874 108 74 "10874 — 3%4— 1 1948 —2000 - 4s series a__. 3'As 111... v- 73 • - *101'A M-S.' deb —1954 3"As_> ANon-conv deb deb .1-1955 4s>„. ANon-conv 4s,.; ADebenture deb AConv —. — certificates 3%s_. 6s_„ — 3574 - 3474 32% 34 " — _'l gACollateral trust 6S — M-N ' 34 3634 . 343a 3374 103 V* • 4s_„ ; — 1948 j-j 42 % 58% 4374 5674 43 a-o 1957 8 Va M-N 40 j-d t A Harlem River & Port Chester— 1st 1954 4s 90 M-N 6% M-S j-d 17'a 1st cons gtd 4s_.—1993 a-o 4174 _ N Y Queens N Y Rys N El Lt & Pow 3'As„. — 1965 1958 prior lien 6s stamp»_. —1963 Y Steam Corp 1st 3'As:„- For footnotes see page 2204. series 9674 57 951/4 95% 45 90% 9174 81 112y4 11274 7 95'A J-J •:,; gold, 4'As series 4'As series 42' 42 a-o 5 Apr , ' f-a ' • . 7% 44Va 71% 71 63% 63 63 V4 5674 56 58 102 A 102 hi 118'A F-A 118% 118 V4 J-J C„ ->>197? 112'A 111% 112'4 108% 109 J-D D_„_>_-_ »:1981 >%U937 T1l., ,'nJ- Petrol1 l%s 874 5 74 ,19- , 19.74 19 , 397/b . • - " ' " „>■ l7e ' • } 40% j-j j-j 41 , ■ 1 61 ... Series I cons'4'As J 19 '■• 113 ; • 1% - Series ■ Gen mtge 5s series A cons A Gen mtge 5s series B ' Gen 4'As series C '73 .4% • -1, 91 8% 9 5574 67'A 64'/4 55'A 10474 108 101'A 10574 3 115 120 2 108 112% 14 1071/4 110 9074 105% 10974 11274 99'A 102% 102 : 9474 94 357a 34% 3574 693 12 1 11'A 121/4 524 *104% 105% 3% j-j v . —r. 1 104 3% 3% 4 *2'A 103% 104 74 24 36'A 5 12'A 102% 106 148 174 4 'A 174 50 1% 97 '/a 104 74 105'A 106'A . 1964 *105 -M-N *111% 1'%.,274 7. • \ ^ 3 1 Pitts Coke ' Pitts V 10974 111Vb ■ : -• 487A 1047'a 108 • .7 39-, • . .7 103 ".k 107'/* i Steel & Ifon 1st conv mtge . 121V. 4 104'A 109 1 10474 108 Y* /10018 100% 96 34 99 103 96 'A 9 95 104 Va 96 99% 100% 18 97'A 10(1'4 96 99'A 99 Va 99% 3 53% 53 53'A 33 53 64'A 53 % 53 53 % 20 53 64»A 52i 53 ','2 25 53 64% J-D M-N J-D A-O A-O 121 — 10474 105 J-J : M-S J-D 11274 118 118 — 1047'a 10474 J-D A-O —1977 11274 111 74 *119 VB M-N • 110 — *111 *119 108 112 — *110 F-A * 107 .111 *10674 F-A "".J-D M-N 'F-A 1970 1975 4%s A„„1952 4'As 1950 1st mtge 4'A4 series B 1950 Pitts -Va & Char. 1st 4s gtd 1943 Pitts & W Va 1st 4'As series A_„>1958 1st mtge 4'As series B „„„1959 1st mtge 4 %s.series G -—,1960 j • 4lV 10574 106. 15 20 76 9 M-N 1963 : guaranteed 4*As ; 974 374. 202 6% *105a4 106, 7Va 6374 12 j-j 1945•• 3'A6 gtd gold> 1949 Serirs F 4s guaranteed gold„»J953 Series G 4s guaranteed-, 1957 Series H cons'guaranteed 4s 1960 21 %'' 44% 59 • • 110% 11074 M-N 47 49 " . Series E I 40 37% .23%' 48% 90 6 '4 374 102'A M-S ■ 1951 debs 37 110% 11074 J-J 1973 .>>>1962 92 Va J-D . >1971. !_^_ 81% 110% 113 lA 102 947a, J-J :1967 1949 deb 6s:„, 93 Va 95% 10074 95 'A 100% M-S 11961 -_»»_% i 115 4 40'A 89 29 126 105% 105 105'A M-N 86 Va 106 'A 107% J-J J-D 22 8 5 M-S 1943 Pittsburgh Cine Chi Si St Louis— Series D 4s guaranteed ^^^> ; 289, : 59 397a , 4% *106'A 71'A J-J >>>1974 B Phillips 39% 33 ■ • , • Y & Putnam 95'A • JAN Y Ont & West ref gold 4s_. —1992 1955 AGeneral 4s_ N 957'a 91% | 1874. 37 % 96 r,' 341,4 1940 .Alst Arret 4'As series of 1927.—1967 104 112 % 1st gold 4s_ Wash t§ A Philippine Ry 1st s f 4s -ACertificates, of deposit,; 2074/37Va 39: . 37 •" 3474 j-j ' .ADebenture 89% a-o A 5s_ >>>1956 >>>1956 Philip Morris Ltd deb 3s 64 •19% ; 44 ./ 36%:. 35 36 V* j-j 1956 & 5s fef mtge 274 s»: AConv rr 17."- K/ 36% 3374 36 74 - - a-o 1956 106 Va ill'A 102 7 ■ , 75 % 88% A-O Co eoll tr 4'/4S—'Phila Electric lsfc.& ref 3'Ass¬ ■ ANon-oonv 76 10S% 107'A ' \ M-S 101 89% ' * ■ .1-1947 : 94 V4 122 1077a M-S >>>1960 88 74 119 101'A >>>1952 t A Phila & Read C & I ref 5s„ 59c 541/8 - 100 -'r 4 a-o _„1947 Philadelphia 115 52 * ■ 9 , Bait General : _ —1947 4s„ .„„: deb / 63 ' - •<fl03>A404y» - 61 107y4 111 100% 105 " j-j w ,55 60 107% 111 8974 89'A 100',;! 1037a 26 120 Va 120 % 89'A 120 7s 107'A 55 108 107'A 7 , 96 J-D gold 4'As series ist & /•"., 12 5374 54 Va ' ; 8574 •116^119% 1 11174 111 V - M-N JN Y New Haven & Hartford RR— deb " , M-N • ANon-eonv " ' M-N 1973 — & W Dk & Impt 5s„_..—1943 A Non-con v —f-. f-a series B 4s General 107% 109% ;/• !K — ext Marquette 1st series General 66% - 10674 108'A 5 • 1167a 1167a ' j-d —1973 West GO 71 17 i gold 5s. 4Vas series B_: N Y L E a-o Phiia ' 991/alOlr .17 ■ Erie RR Y Gas El Lt H & Pow Y 1 & ref 3:74s series E„. >11966 v 84 84 100!;! 100',;! 108'A 108 '/a 10274 108% J-D - C__»— >>>1980 Phelps Dodge conv 3'As deb>„ >>>1952 1st ' 100V4 93 • 22 10774 107% •: ; . 69% 58 4 < 65 74 •64% 65 f-a 100% 100 2 100]3 a-o 4s_^„„„»>>_»_ Apr 1990 1974 Pekin Union Ry 5'As_ & Peoria 9674 10174 20 ,•/ 83 71 216 101'A 100V4 100'A • ;•> 100 • 30" ■ 627/4 101 •- ■ a-o —1965 3'/4s series D—; Purchase money gold 4s—•>/:.—1949 N .A • RR 3'As a—»_ —1965 1951 gold 4s». notes— Edison -60 62 Va • a-o 1950 >1——. Y Connecting 1st lien N M-S 3'As extended to——1947 Conv 5% N C 4'As mtge debentures-. 76 74 74% 76 V4 a-o a— 32 10874 M-N A Income 1st —1974 —1978 series 5'As 104 101'A 102% 99'A 9834 M-N f-a 105 '/a 100 26 M-N »_1984 mtge 4 74s series E deb 3'/4s- & Eastern 4s Peoria ,: Pere Ref 99 108% 11 106% 106 105 100 74 105 'V 103 *1017'a 102'A 106 F-A >>>1981 Peoples Gas L Si C ref 5s_„„_ 49 Vu 44 • , Chicago & St Louis— New York _„1970 104 102',4 102'A F-A - 11 52 1 104 J-J • , GIy* 48% 69% — 101 Va 102'A A-O _»1968 B__j. 106 74 1 07'A 101%' J-D 1965 series A series gold 4'As General 4 74s .series D Debenture 273 68 74% *51 • 48% F-A —1998 registered— 3'As ' 53 74 f-a F-A F-A — gold 3'As Mich Cent coll 1998 —1998 registered— 3 74s , 63 7374 74% ...■L. *61% 67 3» j-J 58 Va 670' 5274 63 74 10274 104'A ». 106% F-A debentures—>—>—'—1974 4'As 55% 429 < 48 50 52'4 53 37 . 296 5174 45'A M-N , ';'' 98'A 100 47sb j-j 1952 secured 3'As— & Hud River 3%S—— ,■; 7 48% - 100 A-O .— 71 98% 10074 117% 118'A — M-N Secured 5074 ,65 53'A ; • , 38 .57% *100 _> F-A , 1946 f»>—— Cent Y 1 impt 4'As series a——.>>2013 & Ref & N j-j ..—1945 —— s ■ - 5 3'/a 39 4 56 Va 537a ■f — 47V8 56 40 74 58 51 53 Va 57". A-O Bridge Co- Central RR 4s series a Y 10-year 374s ,see 53'A 38 55 4974 ■ . 58 '/a 40 59 *10374 J-D 4s—1—>^>:1963. Pennsylvania Glass Sand- 3'As—1960 Pa Ohio & Det 1st' & ref 4'As A—>1977 1 4'As series B——.—1———>1981' Penna Power & Light 3.'As—_——1969 ■ 57' 3474 39. 55 47 __ • ■ General 3774 :j •r...7 3 55 *50 55 F-a ■ deposit —1954 Alst 5lAs series A_— ACertificates of deposit—. N 43'/4 34 22 - , 51 % ■>/• 51 •• ."3 54% -5374 :\ 54 105 100'A 104'/a 103% 10374 F-A 6s_l •>:—1944 E cons 5s_l?49' deb 105 » . Pictures 4s debentures_1956 'A 107'/a 109% *105 M-N —I960 106 'A 100 *109 J-J etfs_'_—19551 f gold 3s loan M s 927a J-J 1938 ' 102% 96 F-A 1st ext gold 4s__1938 "Paterson & Passaic G & 3674,, 47% ' 43 43 1 A-O .»1956 d„_ Newport & Cincinnati 46% *42 , " of ACertificates ; ,„s.. C— series 5s Alst deposit : ■ ,„1954 B series 5s ACertificates ■ 7,^ / , 92 11074 11374 16 107% 33 80 Va 105 % 82 1 17 110% 11074 Parmelee •105'A 107% 48 % 111'A 112 mtge 1st 91 ... a-o .—1935 103 10274 105'A *10674 110% Paramount 85% 75 - 4. 6 1077 a - 79 Va 79% ' 1047 a ' ref mtge 3s series & Rei ' ■/• 82 .-7.4 83% 107 107 , / 111% Paramount Broadway Corp—r 107.V4 llO'A 6 10674 107 A ,, * . J-D Panhandle East: P L 3s B_l>' 77Vi 75 747a 83 110'A ' M-N 3'As series C_>—»>__196(r Paducah & III 1st s f gold 4 'As——J955 120% 12474 5 109 Vi 109 ',4 83 Vi " 117 Va 120'% , 77 ■ 100 A 10074 100 ' • J-D Pacific Tel & Tel'3'/4s 74V4 56% 9 ,.,124 Va 124 Va *74 1027 a 105 4' l • J-D § A2d ext gold 5s 76 -56 .38 74'i *72 1st 93 90 117 Va 11774 124 % 107 7 1037* >1946 1st gold 5s„ Co §APac RR of Mo 117'A 119% 72% 73 F-A A-O J-J J-J A-O J-D J -J • v' 2 1037a J-D 1946 ref mtge 374s series & 1st & 1017a 10274 104'A 30 . 91% 73 VB J-D M-N • 99 Vi *U7'/2 J-J J Junction New *91 J-J 1st N 103 Va 103 V4 J-D New , 32 M-N ———1945 Consol gtd 4s—L 101 Vi A-O 10 109 7a 109 % F-A 1st & ref mtge 1031/4 loo 25 101% 10174 • 1st 103 74 106 f26 10274 103 103 Vi M-S . 105% 105% 1057a 103' 107'A 1077b • El 4s series G„>„_1964 Gas & 70 6274 - Coast Pacific 20 69 a — 110'A 111% 112% Pacific 681 : 5s——. 1945 1st Transmission ~ J-D 1966 debentures—o— :— 1943 Ontario Power N .F 1st gtd 5s_ 4s Oi-egon-Wash RR & Nav 4s—.—. Otis Steel 1st mtge 4'As. ser A__ N 69 — — — ' , J-D J-J 1972 — 374sj Elec Gas ,•& 107a 10 'A j-j ' Short Line 1st cons gold 5s__j 1946.Guaranteed stpd cons 5s_j_.—— 1946 421% - 4s— 1st mtge • Ore 327a *111 % 116 M-N/ 106'A 10874 Oregon RR 46 3 137 108% 108% 38 43% 68 30% 106'A 10674 Ontario 89 35 35 7V M-N 106% 106 101 37 M-N J-D 103 ; . — 35% 36% J-D 2000 Constr M 5s series A 1955 Con&tl' M 4Vis series B_ —1955 Mountain States T & T-3V'4s_, 1963Mutual Fuel Gas 1st gtd 5s— 1947 1st gtd 3Vis 46 *87% J-J Tramways Essex & Morris 3 103'A 103 103 74 , 107% 1127a 109% 110 "8 A-O M-N Oklahoma 112 109 3 52 M-S 1965 / 98% 104 111% 112 1074 1943 1st 54 •42 1948 1st gtd gold 4s. Connecting Ry 1st 4s— Ohio Edison 941% , 1st & ref 374s,,.,-1966 5s extH 1951 Power Montreal 44 "101% 103%, F-A —1960 —--1965, 4V2S—-—r-—-'- 1st mtge 38% , 80 Vi 91% 42 M-S Monongahela W Penn Pub Serv— 6s 91 Vi M-N B—-1966 Monongahela Ry 3Vis series t?AOg & L Cham Ohio deposit of ACertificates 2474 10 - 53% • THE COMMERCIAL & FINANCIAL CHRONICLE 2204 -Monday, December 21,1942 NEW YORK BOND RECORD BONDS Stock York New Week Ended Interest Exchange Dec. Larf or Low 1st 4s ser A*—1948 1962 C__~, 1974 4%s series D_ 1977 1st 5s series B gen 1st 1st series 5s gen 4'As 1st Elec Portland Gen -I960 1st 5s extended El Potomac Texas & Pacific 1st 90 % 166 106% 106% 1 J-J 1 107% 109 II Vi 90% 86% 95 Vi 95% Terminal 4s 1st & ref mtgC 5s— 1st & ref _______I972' . 2037 & ref mtge 3s__ mtge 8s M-N ref 5s series & ref 5s series D- 67 65% 67% 46 67 64% 67 82 57% 69% J-D 67 64% 67 71 58'% 69 1964 M-S *■. " J-J " J-J 60% 21 80 Tol Louis & St ref & impt 3%s__1960 1st-4s ^_1950 Ham 108% 111 Trenton Gas Tri-Cont Corp 5s conv 216 "215 J-J 225 "110 A-O 111 103 Buff & & Elec 1st 1st gold 5s A-O 87 Vi 88 Vi J-J 78 1st M conv 5Vis 1954 - 67% 102 78 73% }§ ARio Grande June 1st gtd 5s___1939 t§ARio Grande West 1st gold 4s__1939 & coll cons 82 ;N • __ "60% 100% 104% 58 Vi 28 Vi Gen mtge 3 Vis series I— 1967 M-S mtge 3Vis series J____„____1969 M-S "108 1st 4Vis_——1934 M-S __1949 105 106 % 3 U 39 87 12 United 33% 109 108 111% 669 7% 8Vi 9% 10% 6 8% J-J 12 11% 6 99% 103 27 96 101 108 111 "100% 100% 25 108 108 J-J A-O 1980 debs— 102 108% 96% 96 % 17 96 96% 96 % 19 99 99 1 106% 106'/a 102'% 106 103% 107 1955 A-O 1952 A-O 94 92% 94 36 M-S 99% 98% 100 160 —1944 M-S May 1 1943 M-N — 4s gen 95% 95% , 71 104% 104 %. J-D 1953 Stores 5s "103% 96 69 90% 100 104 105 4% 100% 10Q% M-N M-N "101 102% 100 1 1949 M-N "101 101% 100 M-N "101 1 1950 M-N _May 1 1952 : Nov 2.15s 2.20s 10 100% 100 Va "99.28 "99.28 1 1943 May 1 1949 ——Nov —— '2.10s 9% 5% Corp— ——May 1 1950 1.125s 22'% . debentures 2.05s 106% 108% 22 % * "7 101% 102 r-ivl-N —1971 — 1.00s 109% - 109% 110 110 21% J-J 1947 (Del) 5s_. Steel States Serial "110 J-J 1941 3 Vis J RR & Canal N 129% 22 110% 111 F-A 1970 United Cigar-Whelan ■ t§ARutland RR 4Vis stamped 2 64 81 "110 Gen 111 A-O 1959 ——_ mtge 3'As series A United Biscuit 63 28% 26% M-S 39 — 57 A-O _1967 4s stpd~_ Ref 101 98 58% J-J M-N —1945 5s grant 4s United Drug Co mtge 3%s series H___ j A Rut-Canadian 106 RR— laud & 35-year 3%s deb„ 100% 106 % 100Vi "100 M-S *§AR I Ark & Louis 120 106 1967 (Chic) Calif 3s deb of Pacific 1st 100% 104% 4' - 101 % 102 101Vi • 1977 Gen "116 J-J 1971 34-year 3 Vis deb '37 101% 101% 104% 104% Oil Union 97% 103% 4 22 101% J-D A__—1949 trust 4s 102% 104% M-N M-N ' Revere Copper & A 1st M-S 1949 90% 81%'. 92%" 99% 101% "100% 101 82% 73 37 77% 75% 102 F-A M-N Roch Gas & El 4 Vis series D 22% 80% 87 91 J-D deb A_——1953 debentures 3s 88% 60 88 % 76 Vi . J-J . 4Vis series C— 1956 Brass 3Vis.——1960 Gen mtge 62% 12 U t§AUnion Elec Ry J-J • Republic Steel Corp 4Vis series B__1961 Purchase money "86 "90% A-O gold 4s__1946 105 Union 1997 Rand deb 3'As_—____1956 47% 41G 1 221% ' Remington , 98% 101V* 108% 111% 104 Vi 104 Vi —1997 & ref 4 Vis series A—_ 61 21% 70% 102% 104% .'•48 59% 20 ' J-D West Toronto , R Gen & ref 4'As series B__ 58% 1 103% 103% A-O 98% 102% J-J Union Electric Co of Mo 3%s Gen 101 143% 144% " 144Vi' „ .J-D 1948 Reading Co Jersey Cent coll 4s____1951 101 -I960 Ry 1st ref 4s__— 105% 106% 9 9 106 101'A A-O 1980 series B AAdj income 5s_— Jan 1960 § AThird Ave RR 1st 5s ext——1943 '8% 80 109'A 109% 106 , High 96 ' 3 11 91% 83 '/a Low 1 January No. High A-O J-D —2000 C Third Ave Range Since Sold 1979 ref & 5s Bonds Friday^ ' 1968 Purity Bakeries s f deb 5s—„ • J-J 2037 of Nor 111 3Vas Service Public " M-S Public Service El & Gas 3'As..-—1968 1st " -6%—7-"'- "Ji ' " Af-N 1956 , or _1977 & Tol & Ohio Cent tAPrdvidence Securities 4s_*J__^_—1957 j A Providence Last Sale Price Bid & Asked 8 Tex Pac Mo Pac Ter 5%s A— 105% 107% 108 Vi 108 Vi 108% Period - gold 5s_ Gen F-A 1951 108 120 78 18 Low Gen 89 Vi 90 Week's Range Friday Interest'' Exchange Gen J-J :H____-1977 mortgage 3'AS Pressed Steel Car deb 5S 1st Stock Week Ended Dec. High 118 *118 ;J-J : 3V4S-—..1966 Low No. High New York 1 January "101 • M-S ___1950 M 1st Pwr Sold 107 J-D F-A J-D J-D Young & Ash Pitts Range Since Bonds Friday's 8ale Price Bid & Asked Period 18 BONDS Week's Range Friday _—Nov 2.35s ; 101 % 101 Va 100 101 Va "101 100 101 M-N "101 100 101% „ 2.40s 1966 St St Adir Lawr & 2d St Island & Grand Jos 1947 1st gold 6s J-J 1996 gold 5s___— —___—___—_ J-J ACertificates "106% *50% -■ . 55% "40 ' 106 ' 1 • 91% 100% 5 50 ■' r*~ "101% 102 100 102 M-N "101% 102 100 103 1 1953 M-N "101 % 102 100 102. —May 1 1954 M-N 1 1954 M-N "101 May 1 1955 M-N "101% 102 1951 A-O 5s___—1944 A-O F-A 2.55s 107% 62 M-N 1 1953 Nov ; 2.60s 60 Nov 2.65s — 101 101 101 100'A 101% 100% 101% 100% 103% ' __1996 A-O «... . United Stockyards SRiv & G Div 1st gold 4s___. -1933 A 99 99 & Southern— Mtn Iron Louis lst.4s___ A-O 1 1952 —May 2.50s Saguenay Pwr Ltd 1st M 4%s__. NOV 2.45s M-N deposit }ASt L Peor & N W 1st gtd 5s_. —1948 75% J-J 44 75% 74% 751/2 of 139 75% • ■ ; • 77% 67% 3 Utah Lt 99% '77 V* & Trac Power & 42% 44 33 90% 91% 19 79 " 74% 75 20 55 J-J 18% 17% 19 635 10% 22% 18% 17% 18% 38 —1950 J-J 20 Va 18% 20% 266 11'A 25% Va Elec & 20 18% 20 10 UVi 24% Va Iron Coal 19% 18% 20 908 11% 23 y4 19% 17% 19% 129 12% 22y» "84% 85% 76 86 1944 94% 97% 97% 99 59 93 98 Va 98'% 99 67 93% 101 % 9 97% 91 102 75 —1950 JASt L-San Fr pr lien 4s A ACertificates of deposit_^__ ref 1st & Light 1st 5s— 94 95'A J-J w w_— 46 M-S —1955 1st mtge 5s__^___ __1959 L Pub Serv St St L Rocky Mt & P 5s stpd lien APrior series B 5s ACertificates A Cons of M 4%s deposit ..1978 series A__, ACertificates of M-S deposit stpd - 69 Utah 4%s 11 A2d 4s bond ctfs__ inc —1989 ; m-n L — — ^^^-Nov 1989 J-J 65%'; 63% J-J 46 % 44% 46% J-J 27% 27 28 . 65 V2 —1952 {A 1st term & unifying 5s AGen & ref gold 5s series A__ ..1990 - 30 ' *■. 57 '31 57 86 . "108'/a M-S gold 5s__1949 M-S Virginia Pub Serv 1st mtge 3%s__1972 F-A Va " certificates bond 4s *108% M-N 1968 Cons fSt Louis-Southwestern Ry— A 1st F-A 1957 Vandalia 21% . RR cons g 4s 3Vis series B Pwr Coke & 5s cons 1st — M-S 80 69 72 65% 15 108% 109 27 71% ,94 90 76 1 105% 109% 76% 56% 15% 109% 111% 80 102% 104 A-O 1966 — 80 J-J 1958 _l-. Virginian Ry 3%s series A — 110% 110% . 89% 2003 1st gtd 5s__— & Southwest 1st series A—1955 f 4s series B s W 38'A ' . St Paul & Duluth 1st Paul E Gr Trk 1st 4%s___ —1947 JASt Paul St S A Union Ar & —1971 Depot 3'/8S B 1st Pass gtd gold 4s__ — —— 5% 5% 17 V* ^ M-S M-N "2 "2% . VA 17% 10 102% 102 y8 102% AGen 37 SA 1st ___1950 A-O A-O F-A 25% ; 24% 25% 170 —. 24Vi 25% 116 3%* 3% 58 3% 75 161 33% *50 1991 Apr 32% 34% 195 28% 39% 5%s A—1975 ——1976 M-S 27% 27% 24 gen 28'A 1978 25 —1980 A-O 26% 26% 1 Walworth Co 1st mtge 4s .—1955 'Warner Bros Pict 6s debs——_—-1948 A-O 94 % 93% 94% 35 M-S 102 % 4%s series C gen & gen 5s series D 10% -1 26 % 5 ~5 22%' 26% 83 ' 94% 95 36 102% 103 ,'r § .7 ACertificates ,'A 1st , ' * 1959 A Refunding 4s__* 6s cons of A-O 13 12Vi 10% 12% 87 M-S 14% 12% 14% 720 13% .•_*—1945 11% ___ 'deposit series A 12% 12% 13% 131 29Vi 28 29% 21 15% 15% 42 15% 15% 2 , 103% ■ 4% 13 4 12% 5% 15% 5% 14"% ' ACertificates of depositfSAAtl & Birm 1st gtd 4s JASeaboard All Fla A6s Shell series Union B 6s A ____ __1933 1935 2Vis debs„- debentures 4s Co F-A 1954 2%s sinking fund debentures J§ASilesian-Am Corp coll tr 7s Simmons P-A 1935 ctfs certificates-, Oil M-S J-J 1961 J-J 1941 15% — P-A -1952 1950 Socony-Vacuum Oil 3s debs— 1964 J-J South & Nor Ala 1963 A-O South 3s Bell Tel RR gtd 5s Tel & 3%s —1962 debentures—.— Southern Colo Power 6s Southern A XC:' 38% 1 29 — 95% 40% 15 5 15 104% 106% — 123 104% 104% —. 3 1946 1950 Pac RR 1st Ry 1st ref gtd 4s—_. —1955 cons Devel & gen Devel & gen 6s Devel & gen gold 5s 6'As 4s series ' Div 1st A 1st 67 67 52% 54% 52% 51% 53 52 5iy4 52% M-S 54 M-S M-N * • ' . 310 50% 2 & ref gold 4s Bell Tel 3s series 99 46% 57 480 467/8 56% . 517/a 50% 52 300 46% 3%s B C 90% 93% 635 80 y2 82?; 89. 61% 93% 85 J-J J-J / 84% 85 69% 68% 70% 90% 92 % / 241 92 43 , 30 „ A-O 66% 69% 170 60% 72% A-O 88 % 88 88% 80 78% 91% ,—1956 A-O 91% 91% 92% 71 83' 96% 68% —1996 J-J "81 84 78% 84% —1951 J-J 88 88 79% 91 1964 J-D 1968 J-J J-J 104 J-J 101% Superior Oil 3%s debs— 2%s debs f ' 111% 111% 6 109% 112% 105% 105% 111% J-D 18 95 95% 100 Si 100 Si 104% 37 % 36 37% 79 20% 38% 37 36 37% 536 20% M-N 84 % 84 J-D < Conv deb Texarkana & Ft Smith 5%s A_ Texas Company 3s deb 39% -1A Wisconsin Central ACertificates ' 40% 102% 102 % 8 23 103 103% 104 % 102% 24 103% 105% 101% 102 51 101'ALIO 1961 M-N —_1959 gold 5s_— 37% 50 9 37% 47% 90 104 „ 110% 114 M-N 14 1943 J-J 1st 4%s 49% 14 15 2 114 115 37 55 1 37% ■ "12% __ 35 34 * 108% 110% - 108'A 105 , __ . 51 9 9 84 *11% "107 - 106% ; *245 51% 109% 109 % A-O J-J 95l - 100% 103Va V 115 49% , 104 >,••1 51 deposit. 90 3 ,103 115 51 34 90% 104%; 103 J-J 33% 12 . 12 '• yf H ' 41% 8 105% Youngstown Sheet & Tube— Conv deb 4s_, 1st mtge s f 120 120 F-A 105% 105% 105% 11 J-J 110% 110% 110% 7 J-J F-A 2 119122 105% 108% 109 * 87% 88 A-O 105 M-N 105% 1943 J-J — r 88 28 105 105% 105 % 49 101 101 1 104 85 8 105 111 101 " "103 . M-S M-N 101% 98 97% 97% 100% 53 98 102% 101 44 101% 101% 100% 103% 101% 103% J-J 120 1948 1960 —— 3%s series D • 92% 104% 106 Vt ■ 104 - 106Va 99%-101% not Deferred in sale not range, q delivery the year's included, in the year's range, d Ex-interest, e Odd-lot sale not Under-the-rule sale not included in the year's range, r Cash sale included in the year's range. ' : ■ impaired by maturity. tThe price represented is the dollar quotation1 per pound unit of bonds. Accrued interest payable at the exchange rate of $4.8484, § Negotiability JCompanies reported as being in bankruptcy,, receivership, or the Bankiuptcy Act, or securities ♦Friday's bid and asked price. ABonds 200- reorganized under Section 77 ot assumed by such companies. No sales transacted during current - 102 Va 105 "109% J-J 3%s~,—-,—.1968 Wisconsin Public Service 3%s_ 1971 tAWor Si Conn East 143 41% 90% 1949 Wisconsin Elec Power 'a 100% 1027/a "102% 103% 1965 debentures of 85% 43% 104% A-O S ASu & Du div & term 1st 4s—.1936 ACertificates of deposit. 88 77 V4 100% 101% 23 "103% 104% ..I960 4s 1st 4s -85 81 52 76 . 104% 105 y8 P-A 103% 103% 1950 1st 86% 83% 38% 79. 33 . 40% M-S •—.——1947 3% 5 41% 43 J-D M-S 84% 100% 101%,, J-J J-J £ : . 85% 83 % M-N J-J 100 Si 82% 86% M-S 100 Si ' 9 M-N Terminal Assn St L 1st cons 5s_—_1944 Gen refund s f gold 4s 1953 Ref & impt mtge 3%s series B__1974 91% 102 A-O 104,% 107% —1956 & RR gen 5s__—1951 com 95 M-S a NO 93 J-J 112 M-S included it 5 86 —1943 gen assented. Winston-Salem S B —1956 1953 3s 84 85 Wilson & Co 1st M 4s A——1955 72. 88 A-O 1961 Texas 110 47 106 85% 1954 Wheeling & Lake Erie RR 4s„ 1949 Wheeling Steel 1st 3%s series B—1966 93% 1945 debenture. Studebaker Corp conv deb 6s Coal Iron 105 Va 110 1 West Va Pulp & Paper 3s 56% 93 Vi Apr Tenn 106 % 110% 110% 106% Teleg gold 4%s„—1950 gold 5s___——1951 5s„2—-I960 Westinghouse El & Mfg 2%S—1951 West Shore 1st 4s guaranteed -2361 Registered _T.__ ..—...2361 68% J-J Standard Oil N J deb 3s Swift & Co 107 % 110 25-year 58 M-N ASpokane Internat 1st gold 4%s__2013 Stand', Oil of Calif-2%s debs 1966 2% 118% 121% 1 5 A-O Western Union 72% 50. 49% 211 ' L, Southwestern 7 108% 108% M-S 1977 gold 4s 119% 119% J-J 1066 series A— 5%s 86% J-D —1963 E i_ 1st 5s ser A—1946 .1.—.—.—1946 A 5s 102 V 105% .—1956 ____ gold 5s— Louis Div —1994 72% 72'A ' - _1969 1981 70% J-D 1949 1968 Southern ref JAWestern Pacific 103% 106% 102% 103 —. 5s 69% 103% 105% *104% 106 J-D Maryland 1st 4s——1952 West N Y & Pa 106% 108% y?8 1st Power "103 F-A gtd——1950 ,.——1967 mtge 3%s series I 1st & 1 123 ~5 107% 107% Penn Western 100% 103% 99% 103 105% 105"% 107%' 1st 5s stpd mtge 3%s_——: 86% " F-A 30-year Gold 4%s 1st 98% 102% "123 , West 97% 100 105% 102% 105Vi ■ J-J 1977 Mem 2 Gen 31* V 40 31 % 86% Q-M 1945 guaranteed 4s—1945 Westchester Ltg Pacific Co— :>r- St 49 " Aug 1949 South 98% 99% 102 J-J 1947 15 31 38% — A-O 1979 1512 4 98 38% F-A . 3% gold 3%s„2000 Washington Central Ry 1st 4s——-1943 1st 40-year "29% F-A 'Washington Term 1st gtd 3'As 33 99% A-O Skelly Oil 3s debentures 98% 15 Warren RR 1st ref gtd 27% 22% , 490 27% 24 25 5s series B :' 2 5"% 14 > 1 "26 ARef gold 4s unstamped 109 43% A-O gen ARef & JA4S gold stamped_,.-__________1950 A Adjustment 5s..**..,,.™. Oct 1949 83 42% F-A ARef 123% 125 tSeaboard Air Line Ry— ! 81 43% 34 1981 mtge inc 4%s ser B 'tAWabaslf Ry ref & 101% 104'A "84% 82% Apr J-J —1971 4s series A mtge 4s Inc series A, 99 »A 101 "121% 124 —: AGen 101% i037/t 99 Hz 993i r 1st mtge "*6% 225 ' 102% '' ■ J-J —1989 ■ 16% ij — 16% A-O 1943 —1952 Schenley Distillers 4s s f deb V4NE 1st gtd 4s— Scioto — F-A Wabash RR Co— "" "80 J-J —1941 tfASt P & K C Sh L gtd 4%s . J-D gold 4s_1968 cons week. ... selling flat. - V"' d. • ► THE COMMERCIAL & FINANCIAL CHRONICLE 2204 Monday, December 21/1942 NEW YORK BOND RECORD BONDS York New Week Stock Week's Rang® Friday Dec. Last Interest Exchange Ended Period 1H or Low Pitts gen 1st Portland Gen C Elec <_■ 1st El .I960 L! 1st Pwr .1950 M January NO. High Low New York Week 1 Friday 108 118 18 120 Gen ref & 5s series 90% 106% 106% 78% 1 108% 108'/a 108'/a J-J 1 Week's Range Last or J-D 101' 101 & ref 5s series ref 5s series D A-O 67 64 Va 67 82 57 Va 69% J-D 67 64% 67 71 58% 69; 1964 M-S 1960 J-J 60% i960. A-O 21 1943 J-J ref 4s__ AAdj income 5s § A Third Ave RR 1st 5s ext Jan 95 % "4 JAPrdvidence Securities 4s—_——11957 M-N "6%" ''7 "' 11 t A Providence 1956 MS *83% Public Service El & Gas 3%s__ 1968 J-J 109 % 109% 9 108 % 111 Trenton ref mtge 3s__ 1972' 2037 2037 M-N J-J 106 106 9 105% 106% Tri-Cont Corp 5s conv deb A_ .1953 *144'/a" Union Electric Co of Mo 3%s .1971 M-N t§AUnion Elec Ry .1945 .1959 F-A .1967 J-J .1947 J-J & ref 1st Si ref mtge mtge 5s Purity Bakeries f deb 5s—_ s ■ *215 *110 80 Tol & Ohio Cent ref Si impt 3%s__1960 St Louis & West 1st-4s '__A_1950 , 104% 104'/a 88 1997 J-J _—1997 1956 % J-J J-J Gen & Remington deb 3VaS_— Rand Republic Steel Corp 4'/2s series B„1961 Purchase money Gen mtge 4Vis series C 103 1st gold 4s . Alst coll trust 4s & cons 77% *116 106 & Elec Gas 1st 97% 103% .1939 4 101% 22 J-J 58% 28% 98 100% land grant 4s United Biscuit 81 39 12 33% 109 mtge 3Vis series I .1967 M-S *110 Gen mtge 3Vis series J 1969 M-S *108 4%S— .1934 M-S United 111 110% 111 (Del) __ St Grand Lawr 2d St & Island Adir 1st 1966 • gold 5s 1996 gold 6s Louis Mtn ASRiv & G Div 1st gold 4s___ Canal gen 108 108 -1955 A-O 94 92'/2 94 36 .1953 M-S 99% 98% 100 160 .1944 4s— A-O .1952 : J-D M-3 96 ACertificates of deposit fASt L Peor & N W 1st gtd 5s 96% 17 95 % 99 96 96'% 19 95% 99 104'A 104% *103% St L St L Rocky Mt Pub Serv 1st 1948 Steel Corp— . M-N *99.28 100% lOO'/a 100 2.10s Nov 11949 M-N *101 101% 100 ___May 1 1950 M-N *101 100 101'/a 1 1950 M-N *101 100 101 ___May 1 1952 M-N *101 100 101% M-N *101% 102 100 102 M-N *101 % 102 100 103 M-N *101 Va 102 100 102. 9% 9% 25 5% ACertificates lien 5s —I* 5 10 —_Nov 2.15s ; 2.20s Nov _____ *99.28 ' __ *50'/e ■' 55% 62 ____Nov 1 1952 . of 1950 ACertificates M 41/2S of 60 77% 77 V* Utah 33 bond 79 55 17% 19 635 18% 17% 18% 20 >/8 18% 20% 1989 ctfs._ , 266 11 22% Vandalia 1952 18% 20 10 11% 908 11% 17% 12% 22 Va '4 *84% 65% 63% 65'% 30 44% 46% 57 '31 27% ' : 27 28 86 97.% 97% 99 59 93 F-A 98 Va 98 Va 99 67 93% 101% 1955 F-A 102 *108% 1957 M-N *108% M-S gold 5s__1949 M-S F-A Iron Va Pwr 3%s series Coal & Coke & Southwest 1st 1st gtd 5s__. 69 80 102% 104 A-O 1966 109% 111% 80 80 J-J 1958 5s___. cons — 110% 110% *11V 2003 Virginian Ry 3%s series A_____ 86 * 57 46 % J-J 85% 97% A-O 1944 series A cons g 4s f 4s series B Elec & Va 23% 129 91 1944 Light 1st 5s. RR s Va 24% 20 19% J-J gold 5s series A____1990 ref & 100% 103% '9 94% B______1968 Cons 25Vs 18 % 19% & 94 A-O _1951 Virginia Pub Serv 1st mtge 3%s_.1972 21% , 11% 20 M-N 100% 101%. __ 75 19% J-J S A 1st term & unifying 5s AGen " Nov 1989 100% 101% 95% 10% 38 , ' Power 1st certificates " 101 101 101 46 19 69 ' 4s A2d 4s inc bond *101% 102 —May 1 1955 67% JSt Louis-Southwestern Ry— Alst M-N 2.65s 69% 20 - *101 __Nov «. 3 75 . M-N 2.60s 139 91% ACertificates of deposit stpd 1 1954 ' 1 74% M- S\ M-N " ' 90% — 1978 101 Va — 44 deposit__ May 1 1954 75% 74% 18 %: series A___ 1 1953 75%- .75% J-J 1950 101% ' *-4 42% deposit-^ series B 1 1953 Nov ____ United Stockyards 4%s w w__. Utah Lt & Trac 1st & ref 5s J-J . ___May 2.55s 107% 50 < ' A Cons 106 ' ■ 100% lOQi/4 __ . 91% 100 % • J-J 1955 JASt L-San Fr pr lien 4s A— APrior 99 M-S _1959 mtge 5s_^_ & P 5s stpd 96 105 102'/a 22'% *40 44 69 90% 100 104 — *101 4 Va 1 J-J 103% 107 M-N 10% *106% 75% 1 1061/2 106% debentures 2.35s —— 102% 106 M-N 6 99 — 111 96Va % 1 1943 8 % "9%, M-N 108 102 108 Va A-O May 11949 669 A-O 1933 101 1.125s Southern— & 96 2.05s 22 % J-J ___1996 Iron \ *100% 100% 106% 108% 8% J-J 11% 99% 103 109% 110 „ 110 7% A-O 1947 1st. 4s 111% 6 M-N 1.00s 2.45s & 108 3 27 -1980 5s 2.40s Jos 106% 12 *7 101% 102 2.50s Saguenay Pwr Ltd 1st M 4%s 105 .1971 3%s debs States Serial 129% 21% J-J St 90% 81%'« 92%-. .1970 2— _______ Cigar-Whelan Stores 5s_ J RR & 109 V4 Gen J-J 80% 99% 101% 64 87 *110 .1941 U N 63 28% M-S t§ARutland RR 4%s stamped 39 __ 58% .1967 1949 __ mtge 3%s series A United 26% 3%s series H 1: A Rut-Canadian 4s stpd—— 87 91 Pacific RR— & Ref 101 57 22 1949 5s— Calif 3s deb 35-year 3%s deb 100% 104% -AO (Chic) 34-year 3%s deb___ 104% 104% 101% 102 of United Drug Co A— .1949 gold 5s debentures Union 4 ;■ 104% *60% 1st *86 *90% 82 Va 100V4 104% 100% 106 % 3-D "j M-S 89% 71% 90 72 65% 15 108% 109 27 94 76 105% 109% 76% 76 56% 38% , 15% W * St Paul & Duluth JASt S A & P Paul & K C Union Ar gold 4s_1968 cons Paul E Gr Trk ASt St 1st 1st 4Vis Sh L 1st Pass 1947 gtd 4%s Depot 3%s B gtd gold 4s 1943 $ A 1st Air Line 99 U M-S 1950 of 2 '/a 10 37 A-O F-A A-O .1945 M-S 25% 25% 241/2 25% 3 12% 11% 13 10% 12% 12% 14% 720 58 13% 12% 13% 28 29% 15% .1935 F-A 5% 99% 2 97% 100 38'4 1 29 102 Va 15 105% 102% A-O 49 38% 38%, 98% 5 102 42 3% 2 . 4 95% — . J-J 105% 105% 105% A-O A-O 1979 J-J 104V2 104% J-J 15 102% 103 'I-.'— 4 *123 * IO7V2 IO71/2 •' • 5 " 1st _r_Aug 1949 a 105% , M-S 54 .1968 M-S 52% 51% 53 Gold 4%S— 1969 M-N 52 51% 52% Gold 4 % s_— 1981 M-N 51% 50% 52 300 46% 93% 90% 93% 635 80% 93% A-O 85 84% 85 82 89 10-year secured 3%s._ _1946 4s. 1950 South Pac RR 1st ref gtd 4s Southern Ry 1st cons gold 5s gen Devel & gen 6%S Div 1st & ref 3s A 2 211 99 480 30 50 gold 5s 1st gold series 4s___ 46% 57 J 61% 90% 92% 43 88 69% 170 60% 72 A-O 88% 88 88 % 80 78% 91% A-O 91% 91% 92% 71 83 96% J-J 78% 84% —1951 J-J 79% 91 v *81 111% 7 88 6 Apr 111% 111% 6 109% 112% 18 gold 4s 102% 102% 102% 3 104% 105 % 23 J-D J-J 104 103% 104% 24 .1 105 % 103% 105% J-J 101: 101% 102 ' 51 101V4 110 -1956 M-N 103% 103% M-N *102% 103% J-J 120 120 8 .103 & Maryland ref 1st 25-year 30-year J-J 103 % 105»A ' - 106'% 85% 95 10031 7 118% 121% 108% 108% 1 1071/4110 106% 5 105'A 110 1 110 47 84 106 86 85 95% 5 10031 95 5 93 100 35 112 ... 91% 102 • v 104% ...1943 1st 5s A-O 1946 M-S 37 % 36 37% 79 20% 38% 1946 gold 4s gen M-S 37 36 37 % 536 20% 38% 84 % A ser 5s 84 Va 100 31 84 _1950 1951 M-N J-D 86% 85 1960 M-S 83% 82% 1951 —, i— — 1st 4s A-O 1977 86% 110% 110% J-J .1952 ' *'• ' > 40 69% 119% 119% __ 3-D M-S 1966 Teleg gold 4%s_ gold 5s J-D 1967 5%s series A_____ Pacific *103 31 *104Ve 106 1963 4s 86% F-A ."..1950 gtd - 31% 86% F-A 1945 E 5s *29% M-N 2361 J-J .2361 guaranteed . 79 52 81 88 76 77% 85%.; 100%. 101% 43 ;33 86%; 83% 23 Va 41'/a 43% 40% J-J 41V4 100% 101%. 143 '• -85 37% 9 50 37 % .47%!'., *103% 104V4 *109% 1st 90 M04 —1960 90% 34 90 104% 3 104 103 103 1 100% 103 Va J-J -1947 4s, 90% 104% A-O __1955 ?. JAWisconsin ' Central 1st 115 115 2 114 1949 ACertificates of J-J 51 1936 M-N 14 deposit .1968 Public Service JAWor Si Conn East 1st 51% 49% 14 15 *11% •_ Wisconsin Elec Power 3%s__ Wisconsin 51 49% 4s_. ACertificates of deposit. |ASu & Du div & term 1st 4s 1971 1943 1 37% 106% . 115 J-J *12% 55 51 9 __ 35 9 84 -.34 ■ IO8V4 12 12% 101 . i 10% 105 2 __ 102% Youngstown Sheet Si Tube— 1st mtge s f 1948 3%s series D M-S 1960 . M-N 101% 98 101 Va 97 Va 44 101% 971/2100% 53 98 103% 119 f 122 Deferred in delivery sale not the year's range, noVincluded in the year's q Included, in the year's range, d Ex-Interest, e Odd-lot sale not Under-the-rule sale not included in the year's range, r Cash sale range.: ' 1 ' . F-A 105% 105% 105% J-J 110% 110% 110% 11 7 105% 108% 109' 111 ' J-J — *103 — A-O 105 ; 105 105 Va M-N 105% 105 105*% 1943 J-J 101 101 87% ' 101 __ F-A 88 > 108% *107- J-J 4%s ■ 37 '245 109% 109% A-O 3%s Conv deb 4s 88 28 8 . 49 1 85', 104 . 92% 104% 106% 104 * 106Vb 99% 101% 1 §Negotiability impaired by maturity. pound unit of bonds. Accrued interest JCompanies reported as tThe price represented is the dollar quotation per 200payable at the exchange rate of $4.8484. being in bankruptcy, receivership, or reorganized under Section 77 of such companies. the Bankiuptcy Act, or securities assumed by •Friday's bid and asked price. ABonds selling flat. 'i 110% 114 M-S 1st M 4s A—_. deb .3%—_ ' 102% 105 M-S 1949 J-J Conv ' J-D .—1954 . 1944 1953 1965 1st F-A 100% 103% 101% 120 1950 O M ,* 33% 41% 100% 102% 40% -1945 5s" '94% 83 95 u'-103% 36 104% 107 V* 9 39% -1961 cons 102% 103 Q-M Wheeling Steer 1st 3%s series B_—1966 Va 105% 105% J-J F-A 84 88 , 3-D 70% 1959 N 35 27% 93 % 66% 1974 Si 94% 5s assented!— a Texas 93% 102% N Y & Pa Included t 94% M-S Wilson & Co 72 92 1951 s A-O mtge 4s___ Winston-Salem S B 69% 241 -1953 __ Swift & Co 2%s debs refund -.1955 1st Va Pulp & Paper 3s__ Wheeling & Lake- Erie RR 4s„, ' -1961 Studebaker Corp conv deb 6s Superior Oil 3%s debs__ Gen 22% West 46% '56% 68% -1968 Standard Oil N J deb 3s__— 24 1/ J-J 3%s B___. ,_1964 C Terminal Assn St L 1st 1 Registered 58 A-O Spokane Internat 1st gold 4%s .2013 Stand' Oil of Calif:2%s debs -1966 debenture- 26% 3%s series I West Shore 68% _ 49% 1956 —1994 A 2% 54% 72% 68% — ; Southwestern Bell Tel 1st 67 50% —1996 4s series St Louis Div J-J ;y 67 52% . ; 310 72% —1956 6s Mem —1955 70% —1956 gen & 26'A Westinghouse El & Mfg 2V8S__. 56% J-J 1949 (Oregon Lines) A... & A-O Western Union ...... ..1977 registered Gold 4Vis— Devel 1980 4y2s series C Power JAWestern 123 / 123 106% 108% 102 mtge West 103% 106% 3 Penn •Western 104% 1061/4 72% Devel 22% ''26% Plct 6s debs_——1948 Bros 1st 40% „„ coll)..., 1st 5 Ltg 5s stpd mtge 3%s Gen " Co— Fran Term -.1978 25 gen West ' 107% 27% __ 25 Westchester 1511 98% 100% 103 V2 99% 103 ■ F-A 15 }g „ . J-D San 28% *26 A-O 1st 40-year guaranteed 4s— 33 98 98'/a 1947 4s 24 F-A Warren RR 1st ref gtd gold 3%s__2000 Washington Central Ry 1st 4s_ 1943 •Washington Term 1st gtd 3%s 1945 14% 15 15% 1963 1st 4%s 27'/a 84'A 1976 5s series B_— Walworth Co 15% 15% 1962 Pac 27 Va ""Warner 12% 99% F-A Tel (Cent M-S ARef & 83 81 ' 5% 15% J-J debenture! , 39% ARef gen 5 15% J-J 1964 4s 28% h. ' Pacific 33%. '50 195 82 13 4 21 1952 Southern 161 34% 'tAWabasht Ry ref & gen 5%s A—1975 26 Va 4% 131 29% 1950 . "-.1 490 M-S 1941 Bell 43% 32% J-J 1971 mtge 4s inc series A. 25% v. 10% 87 14% " F-A .1961 3s 42% 34 AGen • , MM certificates.. 14 116 3%" .1935 1954 Soutn 75 43% Apr 1st mtge 4s series A AGen mtge inc 4%s ser B_ 101 Va 104 % 170 ' 3% .1933 ctf A 109 Apr 1991 17% 123% 125 12% 1st gtd 4s_ 6s 24% ' <' Va ...1981 ; 6% 7% 101% 103% 99% 101 *121% 124 deposit series A—— ACertificates of deposit A6s series B 99 tt 102% 102% 102% A-O .1950 cons 6s JSAAtl & Birm 2 225 ARef Si gen 5s series D„_ .1959 JASeaboard All Fla 5% 17% 102% Ry— gold 4s unstamped ACertificates 16% *_. M-N 1949 [. 'Alst 16% J-J 1952 .1989 v§A4s gold stamped——. , , 5% F-A A-O Schenley Distillers 4s s f deb V & N E 1st gtd 4s Wabash RR Co— *80 J-J 1941 ...1971 Scioto ISeaboard J-D l 120 106 3s 82 37 *__ 1st M-S 88% 73% 73 37 101% 101% M-S t§ AR I Ark & Louis • 101% .1977 Gen mtge 67% 102 102% *100 ; 12 22% 98% IOIV4 416 , | 62% U . 1st gtd 5s__ _1939 tSARio Grande West 78 75% M-N . Roch Gas & El 4Vis series D 76% 60 M-N 1960 t§A Rio Grande June 88% 102 47% *100% 101 J-D gold 4s__1946 105 M-N 1956 V J-D 1st 221% 108% 111% 1 F-A 1st M conv 5 Vis 1954 Revere Copper & Brass 3%s__. 1 87'/a 78 ref 4%s series A Gen & ref 4%s series B A-O Union Oil A-O .,48 . 216 11— R Reading Co Jersey Cent coll 4s_—_1951 . 143% 144% 111 J-J 21 % Toronto Ham & Buff Tol 8% 80 225 A-O . 61 102% 104% 96 3 — J-D 1948 111 3%s Nor " 1968 8s of 59% 20 ' A-O 1st 1 103% 103% ■ J-J Public Service 70% 1979 ——1980 95% 1st & 58V4 Third Ave Ry 1st 105% 107% 107% 109 91% High 98»/a IO2V4 46 J-J 4s 8 67 Va F-A Terminal 101 Tex Pac Mo Pac Ter 5'/2S A 90% 86% Low 65 Va 1951 5s January 1 No. 67 C—_ & Range Since Sold High A-O 1977 Pressed Steel Car deb Bonds Friday's Sale Price Bid & Asked —1977 B Gen 166 Period 1st gold 5s_——2000 Texas & Pacific Gen 89 % Interest Exchange Dec. Low "101 90 J-J '" Stock Ended High 107 *118 M-S 3Vis...—1966 'As—-I——: mortgage 3 Range Since Sold J-D 4%s 1st 1st 5s extended to Potomac A—1948 —1962 ser 5s series B J-D F-A J-D 1977 gen 5s series 4%s series D 1st —1974 1st 4s Young & Ash 1st BONDS Bonds Friday's Sale Price Bid & Asked No sales transacted during current week, , . ' i t ! ! 2205 THE COMMERCIAL & FINANCIAL CHRONICLE Number .4135 Volume 156 NEW YORK CURB EXCHANGE i ' AND WEEKLY ' In a list extensive following the In STOCKS'1 ':s Ended Week 5 • Wire Acme Aero Co common Investors Warrants 4% Great Alabama Power Co S6 preferred & Fisher 12— Investing $3 cony pfd.; Allied Intl Allied Products Class A : Goods Aluminum Industries Aluminium 6A American Box 4% 1 Class B. Class Cyanamid B •' ■ \r •: —10 ..10 class A. _!.. non-voting American 1 —, American ;.; -f American & Fork •. .< Hoe \ , V .v> ... Oil Co___^ 4% 20% 12% 20% 12% 25% 65% American Maracaibo American Meter Co_. uL'j American American Seal-Kap ; common. preferred $6 1st ■ 4% * American Thread American Writing 5ft preferred Paper 5 • common i._._ Angostura-Wupperman ...,i— /Apex-Elec Mig Co common.4. Appalachian Elec Pwr 4%ft pfd Arkansas Natural Gas common Aro Works common... Oil & Associated Electric American of 8% • aa •••?••' ' y .< 5% 4% 13 Va Apr i -.12% ' Nov 104 27% May--: 32 Feb 11 18 Jan Apr 22 Apr 13% 18% Mar Nov 7 Va Mar 21 • 26% July Apr * • 18% Mar 26% Nov 79% Jan 85 as -j Jun — xl8 - i 4% 27% 6% 33% Apr 1,600 1% Apr ■ ••• (E L) .400 ? i 400 / 1st Atlanta Birm & Coast Light 6ft preferred— Atlantic Coast Coast Line Jan 56 % Atlantic Rayon Corp Nov B non Class Forge Atlas Drop Atlas Plywood _£. Nov Capital Jan Carman Apr % 5 Zi Automatic Voting (B F) 6ft Machinei..— Ayrshire ——25 Tobacco class A & * - , Baldwin Locomotive— Purchase ,* warants for ' « • Stainless Barlow & Basic Seelig Refractories Baumann—See ^Beau Nov $6 Corp Carrier 1% Nov Carter (JW) Apr 9% Nov Casco 89 A Inc __ Dec Catalin 13 Jan $1.50 Beech Inc.. Aug Central Va Feb Central -i& % % !:•"< Oct Jan 22 l Sep Aircraft . 4% July , Oct Jan 4% % Aug # 7 3 Jan Childs Co common—.: 3% 1 yoo 3% 3% --B Jan ;i6% Feb May 4! $6 60c Dec Nov,i :36% Nov Apr 5% Sep . $6 !._• preferred ; Berkey & Gay Furniture...! !__• Bickfords Inc .common !__• Hedges Convertible $2.50 .1 " Bliss $3 (E W) optional For % _t common ; convertible footnotes see preferred...* page £209. . r , < " " 10 28% Dec Jan Jun 4% Jan 27% Dec 33% Jan Feb x4% Oct %' Aug 1% ' • 6% May 9% Dec 3% 7% Jan —•. 10% 9% % ' "% 39% 38'% ... " & L $7 preferred preferred... ,— * Stamping * City & Suburban Homes—,————10 Jan 80 Oct 8,800 950 % Jan % Jan 14% Oct Apr 4% Apr 35% Dec Sep 42 Oct 15 Vr Jan Sep 91% Jan 8% Mar 12 V« Jan 5% Aug 61 % 13 Feb 200 % Aug % Dec 600 % % Dec Jan 100 : 3% i«, A Jan 2 Va Apr Co Controller .Claude "l3A 900 A July 3% . lVa Dec 1% July 2 Jan Apr 19 Oct Jun 77% Jun 15% Mar 100 2% 300 Jan 22% Dec 2% Jan 3 Va Nov 2% Mar 22% 22 2% : — 2% Aug 121 May 10% 10% 175 39%' 9% 375 8V2 Jan xl9% May 36% 38 105 Nov Feb 20 6 35% May Apr 42 % , Apr Jan 10 99" ; 90 Apr 111% Apr 103% 6,600 4% Feb 8% Dec Mar 674 Nov •' 105 Oct % 12 Oct 5% : 134% Mar 3,700 "a 8% 6 Jan Jan Jan 7% Dec 2% May 5% Oct 3% Jan 7% Jan 4% 2% 6% 1,900 6% 2% — 500 20 llO'A 110% 90 Apr 110% 220 87. 200 Dec 87 Dec Jan 8 Jan 85% May 85% 87 107 72% May 7 ■,,.7% *"/« 700 Va Dec ;• 7% 8% 2,600 7% Dec 13 : /w A ' *"• 8 4 7% "% — 4 300 2%. Mar 4 300 3% 3% .; 4% — v. Jan % Jan Apr Dec Jan 4% Jan 6% May 4% 10% Jan '78% — 78% 100 70% Apr 83 Jan 62 % 65 300 47 Apr 65 Dec 225 X4% Feb 6 Jan . 65 5% Club Dec Aluminum Plow Cockshutt :' Cohn & Co a .Yff *: 3^ T 50% 1,700 4% 8tf 77 •' 200 ■ V a75 ■'« a75 4. 4% • ; :■/- Sep .4 % 27 Apr 10 ; . 28% 1XV2 300 ;.% 12% % 3% . * 11 4,100 21 6% Apr Jan 7% Dec 1% 100 % Mar :i% Dec 3% Nov NOV 1 May 1,420 Commonwealth Community Jan Jan Conn Gas 39 Sep Conn Telephone & Electric 117 Mar Mar 34 Jun 34 Jun 36 Sep . % % Nov Dec warrants— 10 Aug 8% Aug Southern & Biscuit 5% Dec 8 Jan '2% Apr 5 Jan Consol G E L P Bait common 9% Dec 16% Jan iV Feb IVb Nov Mar 40 % Dec 27 Co—— ' % 25,200 14% 950 % 4,500 1/128 1/128 12 14 Jap 72% Jan Sep 34 Jan Apr Mar 13 A *1% Jan Nov 7% 7% 1,050 ..1 2% 2% 2% 5,200 1 <-1 —• 2% 2% 2% 800 57% 2,000 18 Jan A Apr Oct 7 7% 2% Dec 1/256 Mar 1,200 32 Jan 9% Mar 3a Coke Smir common Corp 25% 22 . 14% Public Consolidated > 25% 1« 1/128 Service.—25 Community Water Service. —1 Compo Shoe Machinery— V t c extended to 1946..:——.....1 101 37% & Apr 2% 4% 15% 1 49% 4 % Aug 7% Mar 49% 4% 1% \, % Mar 650 Oct Sep Jan 2 1,600 Nov Jan Sep 1% 4% Feb Mar 35 :i% 51 Fire Mar % 5 3% 6 % May Fuel & Iron 15 4% 52% 11% Nov 500 600 22% Jun Jan 6% Mar 900 1,500 Apr 1% Jan 4% 7%. 1% Patent 82% Jun July 5% 4% Colt's Jan Sep l'A Colorado Feb Jan Va Apr 3% 6% May 4% Feb Dec 52, 7 • 21 \ 4% 82% Apr 4% ... 1% Development ordinary Colonial Airlines !-, Feb Sep 4% Nov 1,000 31 55 Dec Apr .40 6 / Feb 3% Apr 2% 40 1,100 .14 2% May 40 common— Rosenberger Inc.— 67/e Jan Mar ,28% ; a75 850 12,800 54% 4% sa 100 8% 7% ': 77 • Utensil'Co ■ i a .10 Mfg— • -; — Cleveland Electric Illuminating—30% Cleveland Tractor common—.: 5% Clinchfield Coal Corp lOd 7% & Lambert 5% 5% A 8 3% —-1 4 Lights Inc... Neon 1 warrants Arms—! 25 Columbia Gas & Elec 5ft preferred.100 Columbia Oil & Gas——— 1 25 3,100 % Aug Sep 100 100 % 77% ' 1 !' 8% "7,400 - Nov 2 Oct May 18 Auto Dec ""* 4,500 39% 550 1 1% . $6 Jan __ . Nov Aug 3,000 "1% 1% * v ' 6 ■ __ 10% ~ Dec 10 Colon 50 • 13 7/« Mar NOV 2V8 3 100 37% — ' * 35% % 10 „ " —l i!__l 3% 37'A " Ridge Corp common.—— . 114 35% " % ... preferred. Birdsboro Steel Fdy & Mach Co com..• Blauner's common Blue 17% __• __ Oct 6% 9% 3 3% * 54% * '7 :~• preferred preferred B preferred BB Cities Service City 30 114 — Nov Jun .5. 10 Cities Service common 50 3,000 1,000 10 22% 9'% Jan 14 . 1% TS 1 3% 22% 9 3% 3IVb •'/ 12 Va \k . —100 preferred 500 9% Jun Mar Jan 100 10%' 9% % common Consolidated Mining.. Chief Oct Dec 2% Mar .,... 22 V* Oct Feb % ^i-!..._ 10 ' 5 25 Chicago Flexible Shaft Co— 5 Chicago Rivet & Mach— 4 Corp Jan 19% ■ 2% May 13 1,300 ;__20 common.. & 4% .^__l Jan Nov '•1% iy Co—5 Charis Nov -12% May 100 l 7% Bell Tel of Canada...— Benson 9% 200 1,000 -1 6% Feb 14 % 11% Aug Cherry-Burrell common—....!_ Chesebrough Mfg :! .% Mar 6,200 350 2% 3% „ 55 Va 1% 79% 77 9% 2% ._!_^,_—1 Aircraft Co Chamberlin Metal Weather Strip Feb .35% 5 4,300 29 7% convertible preferred. Aircraft Corp Bellanca <;:i 9% 10% 78 & Elec Gas Nov 67 109% Jan . 3 4,900 200 300 ., Mar Mar V 3 200 100 ..10 % Jun Nov 7% 36 % 8% com • preferred.100 New York Power 5ft pfd—100 Ohio Steel Products 1 Power & Light 7ft pfd.__.100 & South West Utilities...—50c Central 3% y commonlt. of America Corp Nov 82 ... 2,500 . 3% „ % July 40 Dec 8% Hudson 9% ! .. 1 ! "Ludwig" Mills Inc _5 common Jan 1,100 5% 36'A Maine Power 7ft 3"% •% % __i Co common. Central 250 2% Apr 3Va Jun 4 Vg 1 Products. Central 15% 28 •• Feb 60 Jan 11% 1 1 * common Apr Clayton - 2% Jan 1% 100 * 1% y.-' Mfg— Brummell Ties Beaunit • Steel—L convertible $1.20 29 l Jan Dec 500 1% 900 preferred— 103% Jan Apr Nov 500 200 2% 30 1% 46 Carolina Power & '• common..}... 7ft preferred Baldwin Rubber Co commofL; Barium • ,s 175 12 4% 5% Jan .. Nov :•> % / 5% 16% 19 8% 21 JA Mar 1% —— 6 3% 3% 17% Dec May 100 45% 12 9 !■. 18% 3 Oct 8 ♦ Light $7 preferred..* common 4% ,f • Nov ...6% Jun Carnation Co Clark .1 Babcock k Wilcox Co Dec 10% 10 Dec < ■ , 11% x30% -T. * A—T!_——• —iT. • Jan 19 •' class Jan —.1 ■' Co Jun com__10 Collieries.!. - 7 11 Products City 4% 3% 3% < 1,000 100 3% 15% 3% 2% •% ...—..1 Class B Central 2% . • -_r Patoka - __ 5 & Sons common—... Axton-Fisher 5% 15% __ • ...1 preferred 1 1,000 "2 42 1% , 75% Aug 60% 3%. 28% Jan May 4% 52 * preferred 7ft 2% ti Jan ..." voting— Canadian Marconi 3% 6% j'.," % Products Avery 27 1 — 1 common.:. Corp Automatic 3% __ . Canadian Industries Ltd— ! v/2% 11% July , _l Atlas. Corp warrants i . 1% 2 *2% —* voting -''..'Class A Jun 106 ^.50 5,100 25 participating preferred Industrial Alcohol— 7ft Dec 2% f 7% July — 1 Co..„i 3% % Canadian Oct a? -U Sep 100 Fisheries...^ Atlantic • pfd—100 3% Jun A 19 50o 50c Calamba Sugar Estate —..._—20 California Electric Power. 10 Caiuie rUugSteu L-uip—1. i Camden Fire Insurance Assn.— 5 Canada Cement Co Ltd 6 % ft pfd—100 Canadian Car & Foundry Ltd— Jan 91% •. ,.:v 1 RR Co 300 certificates trust Voting Cessna Atlanta Gas 8,100 8'A Products common Cable Electric 6V2 Associated Tel & Tel class A Sep Nov — 700 " 11% Hill 300 , 10% -7% preferred 25 preferred • & Sullivan 2.50 Burco Inc $3 preferred • Burma Corp Am dep rets— Burry Biscuit Corp.— ____——12 %c $5 Nov .y 390 4,500 10,300 500 130 — 11% :.8% $1.60 Bunker 1% , 5% 4% » „ . A 3% 900 & East Power— Niagara 2% Mar —.* % 50 Line Pipe 2, 2% ; 2,400 1,000 > Jan 2% Apr 22,900 650 , % 1 5 .* Co common Co common Bruck Silk Mills Ltd Feb .61 % Mar . iV Jan ' . Dec 1% Mar .. .Jan A Aug May 8% Sep A May 1 % May 1,000 •• Nov -39 1% 1% ' Nov 31 200 1%. x8% 95% 7% Jan 3% 24V'2 May 100 3,200 400 2 3% - Dec 20% Jan v 1 % May : £1 Associated Laundries of America ^ 82% Mar 700 .. Industries— Apr • July y 10% ... __ __ . Nov 36 July 4,900 89 .89 • rects reg__i_. dep 1% 1 Canada. < % lV SeP 350 2% 1 ... . Buffalo Sep 2% 95 .. 5 Refining Co!. Breweries Associated : Corp— Equipment Dec 550 2,200 __ l'A 8% 8% 10 preferred.* 1 1— Power & Light $7 Art Metal •Ashland * non-voting preferred 6ft Arkansas . A class Common 17% % Va 1% 1% • Apr 19 2 95% „ Buckeye Jan 56% 2% .t 100 Dec 48 2% 1 • Fence Post 17% 40 52 17% . 2'A 2% —2 Anchor Apr- 8,000 200 >r:. — ...i.. $6 series preferred Bruce Jan -• 5% Mar • Brown Rubber Feb 41 Va 12% 25% -,V A 56% 2J% American Superpower Corp common..* : Oct 6% 28% May % 19 <48 5'A 5% ;2 • ..10 ...2 80% Jan 35 81 A 19 * . 81 — 1 Co...'i Potash & Chemickl Republics— American ; Jan 4% 400 1,900 125 — ...100 Jan 4 21 V 34 Dec — Mach—1 20 American Light & Trac common..i_25 6ft preferred—J.— Li-Ls 25 American Mfg Co common!;.-. 100 Dec "% —* .1 preferred Feb 7% 95'A 3 29% 2% .28% 22 1 preferred A Va 12% >!-'■ 300 19%■>■'•• 15,800 13% — $6 common—! Forman Distillers Brown 11% 550 1,600 - - 12%. Preferred Nov 600 —• - Class Nov % //W 37% Va 50 , 10s dep rets ord reg Fence & Wire Brown July 94 ; — 5% Feb % 12% 18% • Laundry Jan 3% ord reg——— Ltd— rets Celanese Amer Dec 24% May Sep '; 13% American % /« Apr 19 dep Am British Nov v % Dec 22 £1 £1 dep rects ord bearer—. Am Sep Dec 104 Jan 90 Va __ 16% —25 Rubber Co.1 Hard Sep 2,120 19% American '•7. 89% Apr 65 Va 1,700 15% 47 Tobacco— May 7 95%3 A American 6"A 12% General Class American 40 1,100 A May • —* ♦ common.... British 50 4%-av 33 5% May a—100 preferred Mfg Co British *• ; 7ft Dec 300 14% '14% A B Class Jan -- - 50 22 • ———-? Dec 11% 36% Va 10 Electric— & Dec — ■ Dec 46 100 A 12% • preferred 4% ft American Dec 24% 3 Va 46 —• Machine class Corp 107% — 37% —__i_—100 Corp common 10c $2 convertible preferred.! ......1 $2.50 convertible preferred 1 Gas •'American 25% 6 Va 100 ♦ Preferred Brill 114% . • common Sep May Bridgeport Dec 12 5% Foreign Power warrants .;<•' 1% 17 11% 15% % 25 !JL—- - Jan High Sep 1% Mar 3 ' Dec Apr VV 21 -A r — ' :.w. 3% 800 Central A Jan 3 % May Aeronautical Bridgeport Gas Light Co_._i—ii, Low 4 6% 200 3 1 common 99% May prior Class '97 Jan •% . i Feb Sep Corp Brewster Mar % May 1,150 — 21 4% preferred _i_ .* --r;:' Mfg—i—— 1 6% 'American Cities Power & Light— V-'/ ■' Convertible class A _i_ —25 15% $5.50 83 107 ■ preferred American Jun Sep Breeze Lgt & Pwr Traction Brazilian iV Jan 1% Aug 73 preferred 78% : . 89% 102% 102'A .10c , Nov 2d 2,300 400 , : B class Common $5 Range Since January 1 High 6 100 * • 1 ; 2,300 - Capital class A common—10c American S3 . >.'• common.. Dec Low • common 1st preferred Brillo 107Va 7->; 82% .100 Co 25% 20 107% - 88 ...—100 !i—1 Board 7% 100 — .A Co Bowman-Biltmore Oct 89 950 12% 12% '!_'■:/!;/•vw_ common'! t Book Bourjois Sep 2 2% 1% 105 • Beverage American Feb 2'A % May 10 80 25% 102 • Inc 8% •1/64 —' 1% 105% Borne Scrymser Co Jan 1,500 3%,' Shares • • 100 25 • 1st preferred Dec 400 - —. . 107% common... preferred American : • common..—, Ltd 400 19% July 22 1% ..—100 ; • _i Mfg.....'. preferred Aluminum 25% — !__. Aluminum Co common 6% IS May - • for Week Par • Co common 3% • — 3'A 33/a 25 (Mich) Dec 79 ——-' " i* * 10 common conv 6% 200 V/n 1% 73% 73% 101% 102% "; .1 Inc common—. Investment Alliance Jan 600 800 18 & Co (S) (H C) 1% 22% 1% Appliance... 3 Southern—! —50 $7 preferred—.—* ———-* Electric Air-Way Alabama Oct 1% 25'A 1% .2 10 7ft 5% 4 z• ..... Bohack Jun 6Va 47/a x4% 1% Blumenthal 4% OV-i; v — Feb Nov — 300 Dec. . 22% Dec Mar Ended : 21 16 200 4% Sales Range of Prices Friday Exchange Curb York Week High Low — 4% . 5% 2 preferred—,_! Convertible Alles • . _L common New Range Since January 1 Shares 16% * — — 1— 5 1 Accessories Corp..—50c Aircraft Air 1 ; B 16 Week's Last Sale Price stocks Sales for Week 20 16% 10 - « , It is compiled entirely from the daily reports of the Curb Exchange itself, and is in¬ ings have occurred during the current year. ; ; (Dec. 18, 1942). Hi ah Low Par .. Ainsworth Mfg common Air Associates Inc (N J) ■'. ■ Supply Mfg class A— Class Last Sale Price i8 Dec. • , , complete record of the transactions on the New York Curb Exchange for the week beginning on furnish a Week's Range of Prices Friday Exchange Curb York New v week, and when selling outside the regular weekly range are shown whether stock or bond, in which any deal tended to include every security, V. we and ending the present; Friday Saturday Dec.' 12, RECORD YEARLY disregarded in the week's range unless they are the only transactions of the No account is taken of such sales in computing the range for the year. and deferred delivery sales are footnote in the week in which they occur. NOTICE~Cash Jun % Sep Jan 3V8 Dec 7/s Jun 2% Oct 57 % Dee — series B preferred ..100 preferred series C 100 Consolidated Gas Utilities...——x—1 55 57 4%ft * 4ft 102 — — 110 110 30 102 103 80 , - 1% 1% 1,000 39% Mar Apr 115 Oct 96% Mar 104 Aug 106% 1% Jan 2 Vb Dec I i THE COMMERCIAL & FINANCIAL 2206 CHRONICLE Monday, December 21, 1942 NEW YORK CURB EXCHANGE Friday STOCKS Curb York New Last IK Dec. Range Shares Low Consolidated Steel 1 ..10 —. "3% Va 3% 1 Va 6V4 General Outdoor Adv 6 % 3 Mar 4%. Dec General Public Dec July General 800 Va Jan 1% Jun 7'A Oct $6 x74 10% Continental Roll & Steel—.—, ,.-1 Cooper-Bessemer » : 8Va common "4% • Range Co.—.—— Cornucopia Gold Mines———— Corroon & Reynolds—i —. preferred 75/# Jan 123 50 7% Jan 10Va 6% ~4% Apr Jan 39% 78 V4: 82% - % Dec Gilbert Dec Jan 1 84 Sep Glen 12 .12 Godchaux Oct 6 Va Jun 3A Jan 16% Gilchrist Jan Petroleum Creole Brewing 2 ...5 Electric 16% 15% _• i _! Crocker, Wheeler Croft Alden $7 receipts (ord reg). _£1 dep 10% 10% III' Co.-—— 7 • ft : 4% Nov 16% .ua ■ Mar . 6,900 11% Apr 19 3,900 4l/» Jun 10% Petrol Cent Crown ,2,100 ft/ • -A Jan A. Nov convertible 6% Crystal Oil Refining $6 preferred . Sugar Cuban Tobacco common Curtis Lighting Inc Curtis Mfg Co % Sep 3 Va 4% ""% Jan i,' Gray Sep Sugars class A.-: 10% Jun 1% 100 1% Jun Nov Feb % Mar . — Rubber Mfg——— Dayton , 5 * % 9 Aug Mfg & 7% Apr Class A convertible^ ; Dennison Mfg $6 class A common... 1st 1 % May 10 York New Northern Grocery Oct 8% May Feb 15 12% 550 Jan 13 -J';\ — 1 300 convertible preferred— Gasket Detroit & _■ Stores Gulf States Iron Detroit Mich Stove Detroit Steel Products..: De Vilbiss Diamond Co Foundry Co- common 2 Va Mar Electric Oct Hartford Rayon Harvard Dobeckmun Co "i" Bridge Co Ltd.., Dominion Steel Draper Corp 5Vt 6f» * 57 * r 3% 57 Duro Hosiery —. Test B Corp common Duval Texas "in :bb ;.l ... Sulphur _b ~2 fa _• 18 9 8 '/a Itf 9 Helena 29% July 10V4 Mar 5 % 19 52 50 m "2% Nov X6 July 62 7t b" : Hecla 15 Eagle i Lead—— Picher 6'i Fuel Assoc 7% __10 Aug 1. Co preferred—., Eastern Malleable Eastern States b., 67 44 preferred series A_— 18% 17% 18% preferred series B— 70 $5 Preferred v Washing Machine t Jan 1 Mar Feb 9 Dec 6% Aug 3 32% -; <3 ■ Electric Bond & Share $5 preferred.! ,„b $6 preferred. Electric Power Option 5 common & Mfg Border's 7% preferred. preferred. 8 % preferred Equity Corp A Esquire % & 50 9% Sep 17 - Co Sep 17 M__ G Ci Co 210 32 Dec 1,200 33 2 Jan 3 % Fairchild 12'/a Jan 105% 105% 20 02% Apr 109 Jan 2% May 4 b4%' V ~2 t % Jan Illinois Jan 5 % 6% Nov Div 6V4 %' 1/8: ;bb: 6 22% 4% 4% Z: 500 ua 100 6 5/64 Apr 4V2 , 125 23% 5 % Apr 9 28 Jan 4% May • fi Jan fa 1 20% 1 —50 '"if % 20 2% Apr 159% Sep Apr Nov 6 Nov A Apr % 13% Jun 21V4 2% 1,600 2 100 Sep 25 10,600 23 Va 23 168% Apr Jan 750 iV 21 2% -- b'/b b"-b l •' ; I Oct Nov 5 10c • Jan 150% 155 % 18% 5 ; 81 Jan 82 10 stock..__* . 5% Mar 89 19 May Jan, 2'/a & 1 Airplane—, & ord reg 7% 1,600 1% Apr 2% Dec 1st Iowa arrear Zinc -. .. A non-voting— B voting.., Worth Stock Foundation Indus : 1% 1% 7,500 4 4 b'b'Vv) Imperial Am $3 4% Apr 6% 1 ■ ; 4 18% 1% 300 800 ; 14% May 1 % Dec 20% 1% 50 25% Mar 31% Oct 37/# May 6% Jan > 30 . 4% 9,100 6% 650 22 ''71 6% 9% 10 7% Aug 10 70% r 20 1,300 2,600 Jun 300 9% 400 65 Jan Jan Jan 24 3% Mar Jan Jan % 6 Nov 11% Feb 88% Jan 17% Jan Oct Oct 12% July , 80% 2% ...» 5 7% Oct Jan " 29 24% 25% Apr 16% "Dec Jan 12 27% Mar 20 2% 24% Jan "31% Sep 3 Aug Jun 21% 150 Jun 27 Va Jan 112 Apr 15 107% Aug 12 Va 61 ~ 59% , 2% 61% 2% '• 3. 4% " Jan 8 Va 900 - h 62 4% Dec Ocfr- 5% Aug 6 8% Jan Mar 200 % Feb ft 200 ya 8 Va 2% 100 :J - 46% Mar 2,900 4% 'Aug 4% Jan 9:% 65- i 3% 3% 800 % 3,500 23% 25% 1,500 2% 4,700 2 Feb ; Sep b'Dec % Aug Jun 'lo.————-• Pow(rr prexerred. 50 25% <•2% ,2 x 3% Dec I fa fi May • • Nov Apr 25% Dec 1 Mar 2% Dec 13% Jan 16% 1 —* 9 May . b 2% Mar £1 — 8% 8>A 8% 5,300 5% 8% 8% 8% 1,200 6 3% Jan • 5 & Jan Oct 8% Dec 8% Dec 9 83- 9% Jun 2% Jan 7% Jan 5% Mar 400 Sep May 250 " 3% 44 % 68 Sep Nov 9 % Nov 5 Jan Co 2 fa 5% 5% 92% 310 19% 20 ... 5 common .1 preferred..—--15 Jan Jan 3 1% 2,600 Feb 3 Nov 15% 16 Va 1,900 10 Jan 16% Oct 16 Va 16% 75 11 Jan 16% Dec 8 „' May 1 Va Dec 17 * preferred 100 bf-b Nov 15 '/a — "2% 12 10% Feb ~2% 1 700 Jun Jan 2% Nov 20 Nov 18 July 2% - 11% ' .. 100 12 1,300 8 Mar 12 32% 75 25 Mar 35% 45 4—, 20 32 " 12. 20 11 ' - 1 stock common Industrial Finance t v c Mfg Co common 5% Nov Apr 86% Dec j; b Jan Apr 26 Oct 12 60 107 % 12 20 common..—1 Apr 26 % Oct 1 Va Co of Vb Mar 300 "8 13% 70 b North America.—.10 13% 125 7% 68'A .—100 preferred 77* 70 % 600 55% 10 Machine—.——,J* Cigar Hydro Electric$3.50 series ————60 2% Inc.....—-1 1% Industries International Metal International Registered International Industries Petroleum coupon 2Vs 13 shs__* July Feb 17% Aug Apr 77% Jan 13 Jan Aug ■"/• 12 fa 5fs ..* 13 Va 13 45 50 40 Mar 50 8V4 Mar 200 18% May Safety International Utility class A— $1.75 3% 12 "S8 ■""% 1 Feb 1% Nov 8 Dec 8% Mar 13% Oct 200 9 Jan 13% Nov 300 4 Jan 6 Nov preferred.: Interstate ! Power Royalty..' Iron Fireman . ,k" 28 r 3 Va s- 3Ve ' - "l • July ;-ia 150 400 3% 6 - 1 3% ; Apr Feb Oct 8% Mar 23 % May ; Jan 13% 7 'A :7% 7% 900 ,1C% 7% Vtf >k 300 A 2% 1,800 1% Jan •!i! • Sep Oct A ■: - ,775 15 Jan Oct July 1 % Nov % July Dec 14 Oct 10 31 13%' , Aug Feb Aug 300 b- % 22% May 3% Nov 15 1V« •'/>/•% V; A Feb 1■ " Italian Superpower 7% •'b'; "lVa Mfg voting trust-ctfs—*- Irving Air Chute.—i_ : 30% 7Va • ; 30% ' * * Mills.—— $7 preferred— Hosiery Interstate 4,600 2 -* ... 400 V.f .__* • Jun )% Mar % Dec 33a Nov 13« Jan Dec 20% Jan Feb Co.—. —LJ1 Glass'CoJ—.i...... • 5V2% pfd—100 prof erred—Jb__ ..100 preferred—/b.-i—.A———100 & Kokenge Co ——A .* Oct Jacobs Oct 5 61 ;* Jeannette Aug 52% May | Nov Jan Apr ■% % Razor B prior preferred.—__———* Interstate Home Equipment——— 1 (FL) Jersey Central Pwr & Lt Julian ... — 2% 1'/# 4% 5,400 5% 5 fa 1% 25 13 - 1,300 ; ooo 1% 8 13 shares Products.—. 2% b 1% b 8 * A International 7% • 100 Jan Nov G Co preferred 2% 1,000 91JA 92 Apr ' 103 16% 1 Malt 14 8% -...b.—£1 Indiana Pipe Line...__._7% Indianapolis P & L 5%% preferred.100 Indiana Service 6% preferred.. 100 1 % preferred —...100 Jan 64% Engineer-— & 1 7% Mar '";v - Ireland International 1% • Distilling — b 2% 66 1,000 % July % & May % Jan 7% 7% 300 6% Aug 7% Dec 1% 1% 100 1% Dec 2 Nov 6 Sep 7% Dec 13% 13% 200 12% Feb 15 V4 95 98 130 59% Mar 68 G6 300 Dec "81 Jan 61 ';■• Apr 88 Jan 50 70 * 57 100 , 68 Apr 95 Jan 25 11% Nov 12 Nov 116 5an ■ .77% 11% 11% 76% 6% 200 6 July 8 Jan x4% 50 4 Mar 5 >2 Aug 27%.Mar 11% 77% 53 . ■ K Dec 400 * 2% b61% 70 Sep July V2 , ' General Alloys Co • -- *% . 111% Jan Kansas Gas & Elec 77* Jan preferred—100 Kennedy's Inc * 5 Ken-Rad Tube & Lamp A. * Kings Co Lighting 7% pfd B 10C 57* .preferred D.J., .100 Kingston Products/.. 1 1% 1% 1% 1,500 Jan Kirbv 1% 1% 1% 700 Gen Electric Co Ltd— — Amer dep rets ord ;reg_.i General Finance Corp 5% common preferred series A General Gen £1 Gas Vrvv Fireproofing & Elec $6 fnr>tnnt«s — —10 common. preferred B ppo 1 • x4% 19 — 98 Jan 2209. . ..... .v.,. 102% Petroleum—\\ i—LI l>/2 Mar , 3912 Apr 1 d * Jan Jan 1% ' _» , Jan 6% Apr 500 , 2% Aug 6 100 22 , 6 9% a4 — Insurance Nov 310 . 54, ——___l convertible Gellman Nov 6 Va . • • certificates-.-i__: Investors Yards Brewing Power 4 '"Wf" Registered Imperial Tobacco of Canada...... Imperial Tobacco o'f Great Britain 6 % 5% 2 % May 5% —1 preferred Chemical Industries— Oct 16 Va ..... , participating Gatineau 1,300 4 Va 4',8 $3.50 (Geo A) Co— conv Apr Securities—.., dep rets regis— Dec 7 900 9 52 10c $1.50 preferred Conv 1% Imperial Oil (Can) coupon—• 4 % - Common Fuller AUB 3(2 30 ___4 Co. 23% 6 % Mar ....1 £1 — Canada— Grain 1 % 18 18% 32 Class Co 200 3b •3 % - "~Zl5 Co_^.—. Ligonier Preferred 7 1 Class Peter) Feb 1% V- 1% Ford Motor Co Ltd— Froedtert Jan U .5 Corp.—. International 7Va . 80% Franklin Jan Jan International Light $7 preferred..* < 19 46 Nov ' :• ~9<Z '..Jv 1% Fox Apr % .100 Refining2__.^». Fibre ..convertible Illinois Feb Aug 20 3,100 1-156 %rl56% 54 Fort 4% May Feb May 2% Nov Apr 85 (Phila).....10 of 3% 15 800 29 Hygrade Food Products. 38 % July 2% Mar 5 & for c 1,750 ... rets Dec "% Huyler's common——— 60% preferred Association dep 900 40 » - !63% Equipment Engine Motor 200 .1 Oil 36% Aug Fire Am 4% 16% 16% 16% --* Humble 34% Aug Metallurgical-. _„____* fodders Mfg Co.——.5 Ford 3% Oct —..100 Brewing Power Oct 108 & Co common- (Harvey)t.Inc——... 3,900 Fansteel Florida Dec Apr Nov May Aviation— Falstaff 1% 39 91 24% Mar 12 preferred..— Hydro-Electric F Fairchild Feb 80 12:, Hardart— Hummel-Ross ,Jan May common '. 4,100 7 % Mar Jun 99% common——..^. (Geo A) & 3,700 ..—100 ; ' 37%f ' / Inc.————...—.A.-. Hussmann Jan 9VZ 57 Pipe Line common Inc 36 99 'A ♦ class A— Hubbell Jan 225 81 common Inc Eureka Eversharp . Dec 10 100 — convertible ■ Jan 22 % Mar pfd....100 participating Power 5% /.la 37%' 99 V4 • -"-5 common— Consolidated (A 5% Jan 33 Jan pfd—,..100 6 %% Derrick Jan .. b 6% 35,500 —.—.—4 Empire Gas & Fuel Co 6 % Emsco Nov ' Electric Empire 134% 600 6% Vn 23% Feb Jan / 13% 40% ■ Oct ..; Jan ft 6% 43 6 4- 83 35:% —5 38% * Apr 124 350. ,t4 71 16V* 40% — Empire District Electric 67e • Apr Dec 1,100 3 % T% ; May Dec 16% 40 Electrographic Corp..—— 1 Elgin National Watch Co—.15 Emerson ' : 2 58 Jan -10 42 - fa" Nov A ..10 * Light 2d pfd A. warrants.... 2 .. & Co _____* —... — 4 100 . Jan 10% May B— . Chemical., (R) Holophane Jan 1% 52 % 17% 1,925 Economy Grocery Stores $3 8% % May 10 9% 33-b- 1 C——... Jan 3% Aug Mar 24% -.25 .... Rubber Hollinger Oct Sugar Associates— preferred Easy 10 10 29 Feb 3% 41 450 % «... 128 Heyden Oct ft .25 Va $6 , Hoe vJan 25% Jan 2,300 16' 42 V2 Corp..... ,28 ...2 — _ Hewitt 16% 15 -% 43% 100 . Iron— Jan Aug 600 . Henry Holt & Co participating A- 6% 2,200 ; ' ' 100 $7 Eastern 7'%- Oct. Oct 1% Jan 19 % ; commop^....^ Apr Horn 7% 30 600 Rubenstein..^——•— . Horn ' * common. prior preferred... Oct Jan i'a , 23 ..-Class A—_a. E ' Gas & 4 %% ,■<' ba 25c ' East Feb i 100 400 ' 150 127 ...50 Mining Co„P.. Hormel b : 3,% . b. * .... preferred Jun % '■b; 300 1,600 9 Dec ; .July a'a. Dec 3v«3% ,800 Co_.b~^———.1 Brewing convertible Heller Jan Aug 7% Jan 20V4 Mar * common.. Sep Feb 4% ..10 class 67* 17% Aug ' 200 Power Co Durham Jun Jan 2V4 3 Va Aug 600 ' 25 — . 5% -6% _* B_ Harris Co... Driver Duke Coal & Jan Nov 4% '25 • i'j.72' , Dept Stores common—....... 5 1 Feb 10% 500 26. ctfs____1 Corp.— 29% July 7V4 Aug ~5% 1 common Dominion trust voting Hazeltine Va May "3% 32 25 92 Light.————25 18 % Mar 17% Aug - 50 100 26%, .1, 24%,., 26 V2 5% ■; (.5% .-vb».5% 10 Paper.—. Hartford of America B nonrcot com_.l 400 ' "" 1 common—. Sep r r 128 b..5 Co——— Hammermill 51% May 110 Lamp Hat Corp l>/2 common.—, Truck 14Vb H Hall Dec Nov 200 .500 Oct Jan * Alabastine.— 8% 7 10 common Shoe Divco-Twin Lime & Feb tt 14 4% Feb 17% 13% 45 Dec 49% n 14 Apr 900 , 21'. b.3% 105% Jun 300 .1 —...10 20 . 25 _• pfd__ Jan 8% — Nov May July 10% common__25c Utilities $5.50 1% 17% 1 Jan 5 3 4,000 95 '* 26 ' -21 preferredl._.i__—i— Hearn Gray Products Oil- Corp.. Apr 1% 20 Detroit Nov 30 ...—.1 Brewery. 39% 1 .... Mar 26 * ■' if Paper.;.————25 % 600 • preferred without warrants 6% Mfg ~i% Jan 88 Nov 3% Jan Jan 105 "TVa 8% Jan 37 • com.. Jan 103 T/. Apr Aug ~lfa ~1% ■ 34% Apr May 4 T"»' ■" Nov 25 6% debenture.—__I00 Derby Oil & Refining Corp A 5 14 2% „50 Jan - July 86% 1,300 Greenfield Tap & Die.^__——„u* 18% Jan 5 prior preferred—— 7 100 4% ..'5% 95 ; ft* Dec 250 1 "VA 26 4.72 2 11% 12 % 1 ... Aug 21 /- "25 , 12 .. ;,.;,3% Greater 900 35 — Dejay Stores. 75 99 11% ~5 % ' • 100 Great 15 8% 2 V» 200 ..5 Jan 15 8 Nov Aug ' 41 Tea— r>: Pacific common-(stoc^—__ preferred.....^...! Aug 15% Gypsum 8% Nov 54, 103 % 80 '11% Qo^—'.i—4— - Atlantic $6 ■ 31 , -1 Non-voting D Darby Petroleum common Davenport Hosiery Mills 30V4 / »ri* * b*.'; ._j* ; bbbu—; B_.b.b Gulf ... % Apr Jan • • Rapids Varnishi—— Great Jan 3,000 x7 Grand Dec 200 5 Nov 1 V4 4 1% Apr io fa May - 35% -, I preferred...'— Mfg' common.u—_—1— —10 $3 21 11% 11 170 Jun Oct Apr 1 - Ufa 400 . __.b Coal___>.I.___i • preferred- Jan x% 800 6% — 2.50 common— 200 X7.» 1% 17/2 300 Dec 18 ...—* (Mo). "2% tt . . • 10 —5 common Atlantic % ...25c 25 : preferred Cuban "1% A__, Drug Co common Crown 1 .. 5 (Md)__ International Cork Crown * — V2 53% : 99 Consolidated; Mines..— Goodman Mfg Co...-50 Gorham Inc class, A_——^—■>-——b*--. Dec b br bw Gorham Crowley Milner & Co. Dec Goldfielc} Oct 10% : Oct 30% 96% A.1* Co_^___— Class Courtaulds Ltd— American 73% July. 51 Va common^——* _—^..-bub--— -'Preferred Jan Dec % 12 100 Apr 20 Jan 67% May 55 170 __ b-b—...—.—• High 210 30% /" Vir —•<, 53% A C) t Jan 900 7,a .50 ; 67* ... $5 '• preferred. Low 66 28% „ % * pfd A..100 Electric common—1 & Range Since January 1 High 64% 30.% preferred preferred i^h 220 pfd Georgia Power-$6 preferred..—A.—• % —4^ r Low 64% $6 Rubber & Water Gas $3 Sep Nov 9 Jun Gen Tire 4% 500 ' '' ,!»>*• Ill common— preferred Jan 900 8 Va —1 82% convertible 5% 88 2,400 , 9 4% -5c A Petroleum Cosden Apr 31 Copper S6 10% 9 x8 60 10 • prior preference-— $3 X74 9% 9 • Cook Paint & Varnish Co convertible General .100 Shares ,.100 preferred..* stock.. —_* Service Rayon Co A General Shareholdings Corp com—__1 Jan 3% 1 for Week Par Nov 1,000 5% Sales Range of Prices Friday IK High 107 Week's Last Sale I'ric® Exchange Dec. 31% 500 1 Va 6 Cbrp preferred— prior Curb Jan Continental Gas & Electric Co— 7b York Week Ended 105 "3% .100 Oil Royalty Low High 25% ...1 —, Consolidated New Range Since January 1 5 Stores Consolidated Retail ! 8% preferred STOCKS for Week of Prices Par & Smelt Ltd. Mining Consolidated Sales Sale Price Exchange Ended Week Week's Dec i Feb Last Sale Pr|ce ■' V, . (I B) Knott Corp Kobacker .•>-' common High Sales Range for Week of Prices Shares Friday % Sep 9% National Radio— Union Navarro Oct Nebraska Power 7% Oil Co. 2 90%: 110 90%: 92 Jan 4% Oct 7% 100 ,4 ■ Nehi Corp 1st pfd.———— Oct ■10% Feb Nelson .Jun 81; 99 Sep Corp Neptune Meter class A. (Herman) —* ——5 — * England Tel & Tel.:—.—j.__—100 85%' 6% 4% Nov $2 RR (N J). ———100 Mines Ltd——1, Foundry & Machine : 1 Lamson Corp of Delaware.!.—5 Lane Bryant 7% preferred—. —100 7 %■ ' *2 v2 La key 3,600 2% 5 May 9 Jan 800 7%'.. 2% 7% • : Lake Shore 2 July 3 Jan . "e% "7: •6 Langendorf United Bakeries class A..* Class B • • ■ 2 — ;T%: Leicourt Realty common——1 10% Convertible preferred—..,.—!——.* Lehigh Coal & Navigation——* Leonard Oil Development—.!— —25 Le Tourneau (R G) Inc..—_1 41/» 3%■ ' lu 24% 6% 1,400 634 6% (Thos J l Inc 6 % preferred—-25 5 iV Jan 20 11% 11% Jan Feb % Nov . 27% 6% Apr 100 300 ' Jan Dec Apr 19 Nov 1 Aug Jun 14 Feb ' Locke Steel Chain-—;——-—;———5 Loudon Exploration— pfd & Land Louisiana Louisiana Power & Light $6 5% 7% 16,000 % ili 1,100 350 14% Aug 850 13 •2 2% 4% .■■■•: 20 19% 600 2% 4% :!. 4% 97% ._.—!_ common Apr 19% 19 .4% . 102 Auction Dec Oct Jan 13 Nov 12 % Mar M optional warrants. 700 176- •- % • i ♦ * •• ♦ Consolidated Mfg Co.d^_ Marconi International Marine f: 8% ' .. 16% —— New York Transit Co Class ♦ 500 3% 2% 3 — 1 • 119 5 Memphis natural Gas .common^. * common—,— ••'; . 22 V Niles-Bement-Pond 50 ...* h .Warrants: 4% . —25C 97 97 A preferred—4.—..—— ^-^100 Messabi. Iron Co—— —.1 6%'e Dec 1 f 15 Nov 60 36 .1% 1% 1% Feb 18 Feb ,12 Nov X103 Dec . .94% Dec 25% Jan $6 ■ 52% 35. % Sep Sep 69% Oct 53 i% % 200 . aa 3VB Nov Jun 2% Mar 1,000 3% 9 Apr 90 Jan 13,400 % 8 Dec 14% Jan Oct 51/! May . ' 7/ ' va % 300 2% Apr TJ Feb "/4 55% 22% 900' 21% 21% 50 250 100 Feb % . :, . 88 Apr Texas Oil——. ■ . Feb Sep Jan 22% Dec: 15 Va Mar 21% Dec 52% Jan ^3 May 3 % ••*•<«• % 4 Dec 93 70 Jun 10 72 ■: 81% 93 72% Apr 102 J an Apr 108 Jan 100 87 ———100 Line———.10 10% 10 10% 2,000 6% ,A—_25 4% 4 4% 2,600 * 16% 17% 1,200 2% 1,100 72% 1% Mar Xl6% Oct Dec Nov 20 72 81% preferred——. Corp——.— Jun* 15% May 100 Utility Securities..—♦ Power class 3% % 50% preferred————.———50 —5 North Penn RR Co..————50 Nor Indiana Public Service 6% pfd.100 7% 57 21% 22% Rayon class A—* common..——,.——* North American American NOV 86 90 8 10 5 90 5,600 B Feb Jan Mar ' 2% 3 90 1,000 prior Feb 1/128 1/ 256 Mar ■ Nov 37 Apr 37 130 Nov 7% . 21% 1,050 32% Jan 102 , 19% 28,800 49% 11 10% Oct Oct Nov 6% Aug Mar 18 V2 Oct 0 Ohio 3% Dec 22 ■; Jan 3% Feb Mar 29 "• . 6V2 Apr % 115 Jan Mar 1% July 2 Nov 32 Sep 89 50 76 Sep 450 110 Feb 100 113% Nov 10912 Nov 111% 111% .100 109}2 Nov. Mar 112 Jan 110 Feb 98 Feb 100 30 Xl09% 108 8V4 Nov 5% May common—_.——5 Oilstocks Ltd Jan 91 % *Apr 91 Sep 110 104% 105 105 ..——.100 1st preferred—, Feb Nov 700 6% 6% 2% 17% 17 88% preferred...: 14 Jun Jan 1% 16% 16% • class B common Co Brass 2% ...—4 $6 preferred—^ Jan % 1 % ' 900 18 52% preferred called—..— -100 Ohio Power 41/2 % preferred—.—100 Ohio Public Service 7% 1st pfd—100 Jan U ; May Power common_.l preferred..——. * Ohio Edison Dec 94 • 74 North Amer Light & Ohio Oil 6% Dec V4 2,600 : . 81% May 10 . Oct • '••■/ 'il-ji ' * 20 94 V2 Jan Apr 2% 11% July 7% Dec 3 % : 1%: Jan . —.—1 Electric..——— Jan Dec ■ 25 ;■/;•■.• * Oct X103 Mines..———^—---—5 Nipissing 9 3%- Sep 700 28 Dec 200 —1 Nineteen Hundred Corp B— 1% Mar >Mar 1% 600 V 200 Oct' 1% Jan Apr 10 35% 183/4 18 18% Oklahoma Natural Gas common.—15 % 1 % 1,400 2% ; 9 126 Aug 20 4% 4%: %' ;••• • ( 18 v 200 1% ;•!%' •I- —.— .4 22 1% , Apr 6% July ■ Feb 2 :— & Scott.— Corp.— 90 1,900 , Jan Apr Jan 43% Feb 6% 160 - 68% Jan 4% 94 optional warrants—. Class B optional warrants—— Niagara Share class B common——5 Class A preferred..:— 100 Apr j| 700 60 1,200 , 15% Jan % Pec 2% May * Participating. preferred— Metal "Textile % 700 v 2 % 'i: 2% Merchants & Manufacturers filsuss A— 1 Merritt- Chapman : 1% 8% 117% 119 2% ' -i- 7%' a-1 8% — & Co Mercantile Stores T : I—..*■• * McWiiliams Dredging— :• 3 % 2% May 400 4% Nov 550 pfd———100 Ogden Corp common—.— 4V8 13 101% Oct 600 32 Apr 3 Apr 10% Mar 7% Aug Nov • Massey Harris common— McCord Radiator ■& Mfg B— Mead Johnson ^ 80% 400 94%. • ' • 2 11 Jan A Northern Pipe Jan 30 % Aug X103 Niagara Hudson Power common——10 5'/o 1st preferred— ..——100 5% 2d preferred...—— ———100 •Northern States Sep Apr 7% 5 —— 6% Water Service Jan 1 , ■""' ' 19% . 18 ———-1, $5.10 pfd.100 shares— Sep 8% . «... * Jan Shipbuilding Corp— Novadel-Agene — Mass Utilities Association v t c— - 8% 1% 16% 7% preferred—100 preferred...——* N Y State Electric & Gas Y Apr 10 Honduras Founders N 2 Power & Light $6 N Y Oct 2% Rosario—..———10 Merchandise.————10 N Y 1% 25 City Omnibus warrants.—.—— Oct Com' % 27 24 '.W —v munication Co Ltd—„— Margay Oil Corp.— Marion Steam Shovel—^ 33/4 Oct 55 Oct * —■ Z Jan 1 July Sep 50 , Mapes Jun 1% Mar 1 • 1%. & North 1 , 1% 1 common....———* common————* Northern Central ' 57 Y Oct 23 Jan 54%. Y Y • 12% N N Oct Feb 350 , 4 Oct 9 1 600 87 3% 4% Apr 6% May 825 12 N 6 io Mangel Stores.. — $5 convertible preferred—.—. Manischewitz (The B) Co—— Aug a/4 28 ,85% ' 2%: Class Manati Sugar, Feb 84 2% 100 57 ——25 Co 100 12% & Arizona Land— Mexico Y 1% 26' 4 Co.—————-* Zinc New Process Co N Noma Mar 167/a 400 19% - Oct 2% Sep 10 s 23% May 12 Oct Oct • Jun 93 30 Jan 1 26% Sep 3 Va 4,900 99 Apr % 1 Ludwig Baumann & Co— ,, Conv. 7% 1st pfd— —100 Conv 7% 1st pfd v t c———-100 Lynch Corp 8% % May 22% 19% * 1 * Packing-:- 7 11 •21%' MS ———-—100 ——100 preferred, class A 6% preferred class B ■ 7 Lone'Star Gas Corp——* Long Island Lighting common-—--* 7 f/e •••••■ —— New Dec' % Mar 13% ".% ; July 5 1,150 . " "*"% —• 1 Va ,10Viz 4,300 26% "iV New Jersey 2% Mar Oct 3% May 3,000 • ' NOV 16 Dec % 200 :.i Nov . 9% Mar 100 : 4% ■ ■ ——5 Material Co % 10% 10% July 7 5%. May 13% Apr 1,200 Dec 102 Jan 100 •.—A-. 3% Jun 2 • 43% Mar Oct 17 130 22 21% 3% ■— commoii—:—— * New Idea Inc 21% Lackawanna Lit Brothers common.:™ 113 Aug 84 ■ ■ Haven, Clock Feb Apr 100 New ■ Lipton Dec Sep 102% ■ New "4 ."4 "•'.L Line % Aug 12 9% Aug — 1% 26 13% 2% —10 Feb ■ ^^ 3% England Power Associates.• preferred—— . 100 preferred .———-!.——• 12% Apr Feb 52% 50 Co——.—1 Lane Wells Co common———1 20 «*«. * class A— Nestle Le Mur Co ■' New special preferred Brewing Kreuger 106 High Feb % . 300 ' Kresge Dept Stores— 4% convertible 1st preferred——100* Kress 1S H) 100 12 106 preferred—100 Low .i 1. . 11% 12 Range Since January. 1 High tt 30c ———* Apr 8% Jan. Low Par 12 % Sep 7% % Mar : 18 - . preferred—..—100 Koppers Co 6%- 200 1 —* Low High Inc-——.————* Stores Week's Last Sale Price Exchange Week Ended Dec. Range Since January 1 Shares . — ;——• —10 Emil). Co common Rubber Co— (D Kleinert Low Par ' Kirkland. Lake G M Co Ltd—,.,——1 Klein of Prices Curb New York for Week Range : , STOCKS Sales Week's Friday STOCKS New York Curb Exchange Week Ended Dec. 18 •••;■ 2207 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4135 '.Volume 156 49% preferred..^ ...—50 conv prior preferred...——* Oliver United Filters B——————* Omar lnc_.^_—————,—1 Overseas Securities...; ...—.1 $3 109 $5 Va 109 ; 2,600 12 49 Va 50 40 Apr 80 95 May 18% 110 Apr 49% Dec Dec Jan 111 4% Sep Jun 4% Jun Jun 3% Nov 4% Sep 3 IVss ' "3 3 "3 ! 300 Oct v 15 participating preferred Metropolitan Edison $6 preferred :v? '■>''*■ 26 : -- . Jan ■ # ■ 500 llr ^ 106% 993/4 July % Jan l°- : ' Michigan Bumper Corp....—... —"III P Feb % Mar Pacific ! Michigan Steel .Tube Michigan Sugar Co.. . . 4 3 38 &"Elec 6% !■ % 400 % 6% 1,100 6% Oct 6% 6% ;/ —1 4% Jun 5% Mar Jun 4 Pacific i,. __ v.* *;> ;. „ 1% "8% : Jan Feb ' : Pacific Gas 5 % 7c ! 1st pfd...—.25 . 1st 8% 8 29% Lighting $5 preferred— ;*( Pacific Power & Light 7% pfd——100 io ; Micromatic Hone Corp—^ 4Va Jan ... Apr Oct * preferred— 3% 1,250 common 23/a U . Co Can 2738 preferred—.—————.25 if: 27% 1,800 27% 600 24% ■ . % Class B v t c Middle .West ■ V.v 6,700 . Sep Public 5 common. 4Vi; :4" 2% July ; $1.30 1st Feb 8 Midland Oil Corp $2 conv preferred—* 4% Dec 72% " 9 Nov Paramount Co. ~3% "3% pantepcc Oil of Venezuela Am shs Motors Jan Dec 103 40 72% 90 71% Aug 2% Aug 87. •3% Oct 14% Dec preferred— . Parker Pen Oct 27% 10 : * Service ' Corp 31 11% 103 103 103 Pacific % Sep % Mar 1,500 4% ■ 9 Apr 22% Mar ' ' Middle States Petroleum class A v t c_l July Oct 8 300 30 y8 4 / Apr 3 15,400 Feb 5% ■Oct Aug 3% May Corp..——.1 ——...10 : 3 Vb May Jan 14 4% May 9% 10 Feb Sep Midland Steel Products— 15% dividend shares-——— ♦ Midvale Co common— —l—* 15% 25 ' 25% ————50 25% 1% $2 non-cum Abrasive Mid-West Oil Piping & Supply ——* Refineries.———————1 1%. Mining Corp of.Canada——————* Minnesota Mining & Mlg —* 49% — Minnesota Pwr & Light 7% Mississippi River Power 6% — : 41% Jan 1% Oct 7 % Nov x'6% May " "13 50% :;, 14% May 1% Sep 725 Dec 2% May % Ma y 48 pfd—100 :: 99 pfd—__ 100 Service common— 600 - 1,800 * 32 Feb 67 May 50 % Dec 82 90 V'!' ' " : 103 May 3% ■ July 5% Apr Dec ' Mock Jud Voehringer common—2.50 6% 6% 100 5 Jan 7% Aug 4V« 4% 4,200 4 Apr 5% 16% 16% 350 15 Aug ,V.: 1 •4% Monarch Machine Tool——_* 16% Molybdenum Corp——— • 800 8'% 24 May 29% July ~ "3% 3 % 9% Airlines common.....1 Cent Penn 8% • Pennsylvania. Edison Co $5 series pfd_* $2.80 series preferred • "3% 11,200 10 y8 5,200 45./ 9% 45 — 50 % 79% 10% Oct Oct 56 Feb Feb 30% Mar Penn Gas & Elec Power & $6 class A Oct 30% i[e Mar % 77 Light $7 preferred—_.* 390 preferred. 71% —.—.—* Co_._„..—........—50 Penn Sugar Prop common— 20 Penn Water & Power Co ——.—• Peppered Mfg Co—.—.-——100 Salt Penn — Pictures common. . 1 '"•■;• • % 3/4 . 1,000 Montgomery Ward A——• Montreal Light Heat & Power—— ' • 1 % % May . '• Feb Perfect Circle 51% 53 99 53 99% % ,36% 150 Jan 100 175% 4 Va Jan Mar 81 25 Jan Oct 55 125 20 * Co—— Aug 1% Mar Pharis Tire & Rubber Aug 6 Feb Philadelphia Co common 152 Mar 166% 164 — „ 19 15% Feb 18 Sep 25 ; — 19 — 180 165 15 % 20 July Mountain r xl%" States. Power common-—* Mountain States Tel & Tel i 100 1% 4% 4% % Mountain 12 f4 • 12% • "' ; , Conv $3 6% 1% May 2% Jan Pierce 4 ;May 5% Nov Pioneer 9 i;May 12 Vat Dec Fitney-Bowes - 99 114% Jan Pitts : 2,300 500 .. ■/ v Apr pfd— f Muskogee Co , .8%" 1 Muskegon Piston Ring..——2 % t 653».. " common—.————* preferred,^— • . 3%' 52 100 ■'•;' 8% 7 200 11% 11% 11% 50 V 4% 55 -•••; Oct 9% I May 7%. Jan 3%;; Dec 50 ..; Feb 52 ..5'%' Apr ! Dec 68 Va Jun Gold Eess & Postage "*1 1 National , Bellas Hess .common———1 National Breweries common—— National Candy Co $3 % * — f- 11 Lines 15 • ' 44% 15. ■ . 50 44 % % Oct Powdrell Sep Nov Premier Gold Mining.. Prentice-Hall Inc common— Apr *3 it 10% Jan Pressed 10% Jan 2,600 8 3,500 00 f 2? . 3 1%: Jun — Jan uristpd—* $6 _* __.* National. Rubber Machinery...*. . 84 %• 85% 84 preferred stamped—— National Refining common..! 85% 78%' 84 - 3 '2% 683/4I -1,350 95% Apr 62'a; Apr 93 Jan 500 1%; Jun 3 Dec 100 3 6-6 5%" Jan '• 7% Jan 30 % Dec 11 Jan - Car Ltd——*-.• Sugar•' Refining—'—i—:——* 5% % preferred—..—10 National Steel National 28 % 30% 75 ' National Transit.!—... —12.50 National Tunnel & Mines, For footnfftes see page ——* 2209. 21V2? Apr ' '9% x9 Va" 9 Vis' 7V2 Mar 1,700 National Tea ■ it 10% 2% 11 '■* 2% 700 2,800 6%' Nov 9 7 % Mar Jan 2% Ma.v % 8 7:% De c 600 1 5,200 % 45% 10 ' 1,800 Metals 12 . . . of America.. of Nevada...... Prosperity Co class B Nov Feb 12 Jan 55% Feb 85 Nov Oct 33/4 Feb 7% : 400 7% 100 Jun 8% Apr Apr 8% Jun 12 Jan 7% % 400 As Gas Oct 400 1% Mar 4% 400 3 Jan 4% Feb 2 % Sep '3% Dec •• Feb 20 i7o % '■ . ' ' 3% 600 NV / lia Jan 33 27/a 9,400 Apr Jan 4% . '--• 5 300 3 7% 100 6% Mar Jan Nov 34 4% Vb s'a May 7%' • Sep 1*6 % Mar 4,200 3% 1 16% 150 H CO H CO . • —. Apr 4 4% 4% —W. , Dec 63% 3 .J * Jan Jan Apr 9 700 83% 1% 6 Va 43 2% ' 7% 10% 80 3« 10 —. 10 % July Jun 42% 590 46% Oct 4% May 900 6% Dec 45 Feb Apr 5 Nov 7 Va Feb Jan 160 , • Pratt & Lambert Co.. Providence, National Pwr & Light $6 pfd %% Mar 5% 83% - Producers Corp 8% Dec 400 45 .... 20 Feb 45% 9 Dec 8 Va ' 45% Alexander...—————5 Power Corp of Canada... ...* 15% ; •45/a 37 & Jan 8* » Oct CO . Jan 10 common Sep 8% National Mfg & Stores common—.—* Nov Apr 3% 3% Mar Co.—..25c ■Nov 9 •' Scale 13% '8% ■National Fuel Gas.—— 32 29% 1,000 Sugar common——5 39 200 Oct Dec 7,100 —50 1-1" "j Jun " convertible National 6,500 —— common.. 1preferred— ,.—50 Container (Del)———.—___t National City '63/eMay iV Jan 18%! Apr '' 6% ..* Meter. — L E RR— Polaris Mining * Feb 4 5 8% 7% • common.. Mines Ltd.. Pittsburgh Metallurgical——!.—— 10 Pittsburgh Plate Glass——— .25 Pleasant Valley Wine Co.— -1 Plough Inc common.—.7.50 Potrero g—— 22 Apr *4% 44 45 Pittsburgh & Lake Erie—........—50 Pneumatic N Nachman-Springfilled Dec %' 4 —10 preferred series A— Governor 3 100 12% Nov ; ■ 100 ' Jan 99% May 1% 1,600 4% ~ 8 % • Murray. Ohio Mfg Co——•—..——* ~4 Oct Dec 7% 25 Securities 150/. S' 1% 4% Ala ,—....—* Co— —* common—.;—.1 Packing Phoenix 5% Aug • Producers—.—*——10 July 1 — Phila Electric Power 5% Phillips Moody Investors partic pfd— —• Mtge Bank of Col Am shs —.—— Mountain City Copper common.-.,—5c ~33a ~4 Jan 53 Nov - 164 * * 1 I; :;'v . 10 v 5 1 A—————1 Dakota Utilities. Montana Sep 105 Apr 60 50 ' ' Society Monroe Loan Feb Oct Nov 72 150 70% 150 Mlg 59% ' 'Monogram Oct Apr 700 76% 4% Jan 5% 23 130 dan Nov 2% 39 "" —— com...——* Oct 30 32 Jan " v ... 8% Parkersburg Rig & Reel ——1 Peninsular Telephone common.. _* $1.40 preferred A ——.—25 Pennroad Corp common —.——1 Penn V; — 60 99 ,97 ' Missouri Public Sep % May . , 1% 1%' 15% Noy 24 525-- 200 6% * — ' 1% ;6% 1 10 Midwest Midwest Mid-West Co 1% 11% May 100 .4% ■f 6 % 1st preferred 7% 1st preferred ! ——..100 Puget Sound Power & Light— $5 prior preferred... > -$6 preferred. Puget Sound Pulp & Timber——i,.* Pyle-National Co Jan .Pvrene common.—^ Manufacturing—...—^ 109 Feb 106 103% 103% 103% • Nov Apr Apr 111 Mar 96% .100 44 V2 46 \ 6 46% 6% Oct 200 87 Mar 108% 900 35 Jan 52 Va Feb 900 6 Dec 16'/a Jan .—.—5 8% May 8V4 May -..-.10 6% July 7 % Nov STOCKS York New Week's Sales Last Range for Week Sale Price of Prices Shares Friday Exchange Curb Ended Week 18 Dec. Par Low STOCKS New Range Since January 1 High Low York 6% preferred Quebec Power 70 6814 270 56 147 147 100 Co.— 72 40 139 u———* Sullivan Jan 150 May 8% Apr 10)4 Rath Packing Co. Oct Raytheon 734 450 4 2% Manufacturing common—50c 2% 23i 1 i7if ilr i7if 21% 21*% 21% Reiter Foster Oil Reliance Corp —50c & Engineering 5 Electric Aviation Manufacturing Co__ Stix Dry Goods—. Rice Richmond 1 To' 10% 10% Roeser & Pendleton Cable Rome Corp 10% " 1 1 Inc— Petroleum Root 9)4 1% 1% 1,800 1% May 2 ¥4 25 88 Apr Texas 314 Oct Texon Oil & Land Co 1)4 Jan Thew 21*4 Dec Tilo Power & Shovel Light 7% Co 26 2,500 Apr 7% A Apr 14 Nov Tishman 9)4 Jan 11% Nov Tobacco & 5% Jan Tobacco Product Tobacco Dec 11% Oct 5)4 Jun 6)4 Sep Feb 50 NOV 11 . Feb Jan 1% 8% Nov ¥4 Jan 3% 4,400 21/4 Jan 17% 300 16 ¥2 Jun 7 ¥4 7% 3,400 102 ¥4 102 ¥4 50 86 200 2 2 3 ¥4 3% 3 ¥2 Mar 20 6% July Nov 87/a Apr Jun 102 ¥4 Dec V2 Mar 314 Oct 5 16 16 ¥4 200 14 Jun 17% Nov —l 4 4% 1,500 3 Aug 5% Feb — Construction.., Stocks » :■ ¥4. % 5,400 ~2%' "2% 100 55% 150 if % * Dec 40 "2% * 14 Oct ¥4 Aug Jan 3)4 Dec 2 4 — Exports Apr 49 Jan Dec ¥a Allied 3 ¥4 17 ¥4 Security Trust Co Ltd-— dep rets ord regis. Amer Dec )4 Mar 1,400 Realty & 3 ¥4 "7% 100 common 27/s May 9)4 pfd Roofing Inc.. Jan Todd Shipyards Corp 9014 90 77 7% "Jan 95 May 10% May Edison 6% 55 ¥4 preferred Tonopah Mining of Nevada 12 ¥4 Mar Apr 9V2 Jan 2% 2% 2 Jun 4% Feb 214 2,200 2 ¥2 Jan Tri-Continental 1514 15y4 300 Apr 9)4 May 53%- 56 400 IVi 15 ¥4 Dec Trunz Inc 3614 Mar 56 Dec Tubize Chatillon 13% Oct 15 Oct 2 ¥2 2% Feb 3% Mar 500 3)4 Jun 5 ¥s Feb 200 114 Jun 3)4 11 Mar 95 10 1 — 114 l¥t 114 5 ¥4 6 ¥4 ■A % 33 Jan 103 Jan 111 x Jan ¥» Apr ¥2 Mar 1,600' — 95 Mar 2,500 6 ¥4 4 ¥4 Aug , Dec Jun 1)4 3% May A Apr 1,200 Dec 6% Dec Nov Nov V* July 108 10 warrants..— * 108 —...„1 Trans Lux Corp Transwestern Oil Co 2Va 54)4 85 100 7)4 56)4 .100 preferred 600 2% 49 Jan 45 ¥a 10%, Feb * common 700 1 47% % Aug - Jun 15 51)4 Apr ¥2 48 • com Oct 300 : 39 Va • 7 33 1% 1 3,400 1)4 Feb 20 * 1 314 3% • 3 4 3)4 Haynes common— —1 & Dec Technicolor Inc 700 6% fl 10 Aeronautical Co—. Consolidated Petroleum Ryerson 6% Taggart Corp common.—. Tampa Electric Co common Oct 7% Typewriter. Ryan 800 50 Corp 7'4 Russeks Fifth Ave— 7% Sep 1414 " Royalite Oil Co Ltd Ryan preferred 5 convertible preferred $1.20 Royal 6% 1 ... —_—5 Co Nov 1 1 Apr 500 10% 1 A pfd D—100 common. 14 Dec Nov Toledo Roosevelt Field Inc__ Apr 16 ¥2 2,600 6 1 Rochester Gas & Elec 6% 9 ¥2 ¥2 July 275 3% 3 —* Radiator Grande Valley Gas Co v t c— Rio ir A. 10% TV "3% 1 Rheem 500 )'4 200 Republic Nov 13 ¥4 411s 300 * Co__ 14% 12% Dec 1,000 Roller Bit Apr * 114 Aug lA July ——_* Red Bank Oil Co Reed 8 ¥4 12 150 13 High sa 200 45 1214 LOW ¥4 200 A Jan * ¥4 11 ¥2 Oct 8% Apr Oil Range Since January 1 High 14 Machinery Finch Low 11)4 38 1 preferred % A May 10 common Raymond Concrete Pile common— $3 convertible 4,900 7% 7% 10 14 Shares * Ray Drug Co Sunray Oil 5)4% convertible Swan A for Week 5 Superior Oil Co (Calif.) Superior Port Cement class B Radio-Kelth-Orpheum option warrants- Railway & Utility Investment A Corp Co Sun R Railway & Light Securities Voting common (Hugo) (S) Nov 73¥2 Apr Sales Range of Prices Friday 18 Par Stroock * Week's Last Sale Price Exchange High Stinnes Quaker Oats common Curb Week Ended Dec. 2,100 Class * 4% 4 ¥4 5 4,600 3 Jun 5 •' Oct 36 ¥2 36 ¥2 39 600 29 Mar 39 —__1 1% 1% 2 '/a 1,200 1 Aug 214 Dec 6 ¥2 •6 ¥» 6 ¥2 400 4)4 July 7 ¥4 Oct — Corp Tung-Sol Lamp Works. 80c 6 ¥2 1 ^ A convertible preferred— * 6 ¥2 6 ¥2 100 6% Dec 7 ¥2 Jun ;, Oct U Udylite Lawrence St Class St Corp Ltd—.—— * conv pref 4—,—50 $2 A 114 5 Its Regis Paper common 1% Salt preferred — United Sanford % 100 1% 1% 118 11814 200 214 '2'4 2% 3,100 1 A % 1« Mills Oil Co Schiff Co common J/4 -—_• 1114 500 14 100 9)4 Investment Nov 12 Dec Jan 5 5 200 314 Aug 7)4 Jan 2% 2% 2% Dec 5 ¥2 6 • 1 6)4 */4 100 Corp warrants— ¥2 14 Jun 714 Mar Jan 15 Feb Jun 57% Jun Va May 1/64 Jun % Nov ;ia Dec 573/4 5,300 600 — • — Feb 5% 11 participating pfd„ • Cigar-Whelan Stores——10c United Elastic Corp Dec 2 3,200 * common— United Apr Jan l7/4 5 Va & cum 3 1% July 3 United Jan % 114 Nov 800 common Chemicals 1,000 3 Products— Aircraft United 1,000 1% 3 Canada United 2 1 Co..—10 * of S3 1% ——10c Gas 26)4 Nov Dec 1114 11% Nov Apr Corp Manufacturing Union Jan % 1 Union Nov 3% Corp Realization Unexcelled Jan Feb "_14 % ¥2 121)4 Sep 1% July 19 5 — 2 105 * Savoy Dec 8 ¥2 May 3,000 common— 1)4 Sep 1¥» Aug 7,100 1 — Corp 114 8)4 May —100 ;— Oil Co Dome Samson 114 Ulen 7 , Jan 9 ¥2 Oct Vb Oct 126% Jan A Oct • Schulte (D A) common—————1 Convertible preferred. Scovill Manufacturing Scranton Electric $6 preferred Scranton Lace tV 25 25 Feb 5,000 Va 20 2114 25 24 25 r 1,300 17 1614 17. 110 300" 111 21 ¥4 Jan 19 ¥2 * —* common 8)4 V U Nov 15% Oct 27 May Mar 113)4 19 Oct United Gas Corp common.— 1st $7 pteferred non-voting Dec Aug $6 Steel Scullin Co 4414 47 100 614 47 8 1,200 Securities Corp General— ——-1 Seenian Bros Inc „r—__—• Segal Lock & Hardware Seiberling Rubber common Selby ..—1 Co Shoe -1 % ——• • 414 — Selected Industries Inc __1 common stock $5.50 25 Safety Control 1 Denn Mining Co 214 5 2 ¥» 38 Apr 51 1,100 14 Canada 800 3 x414 1,500 13 13 Apr 97% Apr a;l2 2,700 .12 Jan >\ fit % 5,900 Va Mar ¥4 4,300 Va Mar 22)4 10,700 ¥4 x26 ¥4 25 21 50 72 ¥2 Mar 20 ¥4 22 ' Profit x26 • : 80 80 Sharing.. % Oct 23" Apr Jan 27¥2 Nov 85 May Jun 1% July .100 244 Vb Vb Va 25 62 61% 62 ¥4 25 43% 43% 43% 3% 4¥a 1,000 2% 2 ¥2 2% 2,700 ... ^25c common preferred.. Shoe 10 ¥2 - Ltd— 2% Va Mar 1% Sep 250 Aug 700 10 Machinery 2 800 113 50 4 ¥2 Feb 110, 4 • 6)4 8 $5 U S 11 S U Jun U and International 1st —1 — —u. Mar 13. Apr 4 Sep Jan 925 50 ¥2 Mar 62Va 100 • 38 45% Aug Securities., s Radiator Oct 1st Aug 7 3 ¥2 Jan Jan 814 Apr 32 Sep A Nov 61 Vb Nov VB 55 59 .20 28 ¥4 28% 50 27 ¥2 Mar —1 l¥a l¥a 100 1% 1% 300 U Aug 1% May 59 ?. 700 475 43 May 4)4 Reclaiming———. 1% 50o convertible preferred— $7 Apr 2% May .10 preferred. conv common Rubber 3% •*.' ¥a preferred with warrants.. Plywood $1.50 May 61'a 1 „ —5 common U S Stores common 9% Jan Sep ¥2 May Graphite U S Lines Inc preferred Dec Dec 115 S U S Jan 13 Jan • Dec 81 ¥2 * U May 5)4 Sep 59% May United Specialties common S Foil Co class B__ U & Nov . Dec 914 200 8114 113 1,100 lV •/ 1 Tif Jan Nov 7914 . 116)4 117)4 • preferred Co Preferred Dec 50 Molasses United Nov Apr 5 2 • Milk Products 10% Nov 5 38 13 —100 of Mar 250 50'4 x4'4 preferred— participating United Dec ¥« A Jan 1. 1,400 81'4 • common 1214 Jan "ft 5 25 Sherwin-Williams Silex 8)2 4)4 May 5 common pfd series AAA cum 3% la * Shawinigan Water & Power.! 5% 100 52 ¥4 rfV Amer dep rets ord regis United N J RR & Canal Co... Oct 4,500 314 $3 United Jan 1 ; Seton Leather common Shattuck ¥2 5 ¥4 5014 Serrick Corp class B. Sherwin-Williams A Apr 2% Mar 1214 1st United 1,300 50 % certificates Allotment Sentry 334 52 Mar 3,800 i/a 14 5 prior stock Convertible $6 Dec 36 116 ¥2 • 16,200 Jan 1 34 78 ; 1214 -~ 95/a 414 % 4 69 • ; A % 10 • Jan July 6)4 Sep 26 Va July • common... 29 14 Mar ... \h ...r. United Light & Power common Common class B— Scranton Spring Brook Water Service— preferred * warrants.— Option Oct .1 23 Va 12% Nov 30 Jan 1% Nov 4 ¥4 Apr 10 23 9 Apr- 300 • Jan Feb Jan ¥4 July 23 Dec Simmons-Boardman Publications— convertible $3 preferred * 15% Apr ■ Simplicity Pattern common 1 — Singer Manufacturing Co Singer Manufacturing 1 n 14 17 ¥4 .2 Dec United Stores common—— Apr City Gas & Elec Aircraft 7% 170 70 130 £1 100 dep rets ord regis Sioux Solar 169 pfd 182% Apr 114 Solar Manufacturing Sonotone Soss —1 Co— South Penn Southwest 214 214 2 <4 1,500 114 1% 600 3 314 2,200 34 Feb 2% 35 Jan Apr 800 Jun 3% 27)4 Apr 39 28 Pictures Dec Utility ' Equities $5.50 35)4 30 _• 14 3 —i. common priority Nov 1% Jan 4 Dec 35 ¥2 ¥4 2¥a * Jan Va Oct Dec 26 Feb Dec 900 25 Mar 35 Va ¥4 50 10 Jan 15 ¥4 1,000 Jun 3% 44 : 45 400' 44)4 48 2¥a 150 41 1 48 A Oct Jan 62 Apr 1% Mar 500 1 Oct 9)4 Sep 2% 14 10c stock 1% 5 ¥2 May 11,600 34 ;_1 common....: Sugar.. Utah Dec Jan V 8 500 9% Oct < Jan Dec •% ~9¥a 1 Utah Power & Light $7 preferred. Radio Products Oct ,*r Apr Va 7% 8 Products Co. Utah-Idaho 4 200 ■*■> • voting trust ctfs Universal Nov 3)4 114 ~3% Insurance Universal Dec 2 ¥4 2% . 7%' V 1,800 3,700 1% I— B—— Universal Corp Universal Apr 2¥« Apr ¥2 Sep 1)4 , —_ 3 114 1 Class Dec Jun Cooler class A Vb 1% 7%- ViT 2 Consolidated Oil—10 Universal Dec 9 3 ¥2 25 -- -10 l¥a 700 2 314 25 Line—— Pipe 300 1 Vs. • ...1 Oil—— Pa 2 214 1 Corp common——. 2 — 1 Corp. Manufacturing common— South Coast 2 4—50c Paper Universal Oct Nov 90 _ —,—-1 Co Wall United Mar Co Ltd—< Amer 100 400 1 Jan 1% Jan Dec ¥2 33 % Mar Oct 48 Dec ' California Southern 5% Edison— 514% preferred series C—— Southern 7% Colorado preferred Southern New Southern Power class Spalding (AG) 1st preferred & Bros 200 109 514 —— 109 514 200 5 Jun 7 5 Jan 6)4 500 1% ' • preferred. 254 274 % Dredging Corp common $1.60 convertible preferred.. % 74 100 Standard Oil 2% (Ky)_— 114 1014 Standard. Oil (Ohio)^-5% pfd——.100 Standard Power & Light 1 A Preferred Standard Products Standard 1114 Silver Lead ; (A) lit 200 5 >4 5)4 900 V<T 100 x22% jV 23% 885 1% 1)4 200 - 5 Sterchi Bros Stores 6% 5% For B) Co ' 50 —' 3 814 2% . Dec ;——• 2 page Wayne Jan 10 3 ¥8 12 ¥2 - Feb Apr' A . class A__A 7% 300 5%' 200 40 2)4 __ 3% . Feb 17% Apr 5¥a Oct %r Dec 90 ¥4 Jan 7 ¥V Mar 3% Sep 14)4 Jan Jan Aug May .4)4 Mar , A Mar- Feb la 9% Nov ¥a May • ',19% Jan • 13)4 Jan Is. • West Coal Va Coke Si *"814 200 214 1,500 Grocer 8 Apr 2 Oct Westmoreland Coal Dec Apr x\ ;Mar Williams (R Apr Williams Oil-O-Matic 3)4 Jan Willson Wilson-Jones 500: 10 ' 3% Apr Wolverine 7% Oct Woodley 34 900 3% 400 Jan Dec Feb 8 ¥2 ¥a May ' July p-Nov / ¥2 Jan May 13*% Feb 1% Mar 3% 1% 3% 300 5 5)a 900 2 8% 8% 10 8 21a Jan Oct 2 Vr Dec 100% Nov 4 ¥2 Nov 5% Nov 814 Oct Jan Jun-i 86 -• ' 5 Mar ¥4 Dec • 13 15 ¥2 Aug 25 Nov Mar 16% May 12 Mar- •, Oct 13Va Oct 5 Vb 5% 150 5 % ' Nov 5% 100 5% July. 6¥s Jan 6 ¥4, May 8 1% 1% 200 1 2% 8% ~87a 31a 37a 6% 1% * Heating—.. ... Co Light 7% ; 1 American deposit receipts Wright Hargreaves Ltd r ,u 8% pfd—100 ' « 6 ¥4 Nov Jan Jun 12% Jan 6% Jan 9)4 Nov 94 Mar 110 Nov- *» l 5s « Aug 8% 1,000 10 ... Dec ' • 10 Petroleum Woolworth (F W) Ltd— 75 '5% Co Inc & 61'A May ——1 Portland Cement 8 Jan 1 Si Power Feb 3% Mar 10 ..._u Wisconsin Oct 1% Nov C) Products 12 v 2% 96)4 10 46 47/4 Apr 2% ..20 River Oil Corp 400 Jun 200 • com —4—^ Weyenbetg Shoe Mfg 300 11 3% 1st pfd—100 Inc.. 1)4 2 5 Stationery Westmoreland 6)4 i) 3% ■' Maryland Ry 7% Western Tablet & Sep 35 ¥2 Mar Jan Nov 81 3*i 'Feb 9 2% 1 5% ¥ ( 6)4 i Western 5)4 2% 100 —20 Nov 9 ¥2 Aug Aug 11% 3% * —— • 96 ¥2 .1 : Jun Mar Apr'' 8 •' 500 11)4 1.25 Co 2 : 200 A 5 Air Lines Inc Western Vb Jan Apr • 1 Wellington Oil Co— manufacturing West Texas Utility $6 preferred Wichita 1)4 Sep,' ——i Wentworth 6% • 5' 79 • 28% ; ■ |% • Oct 1 To' )5 1% 2209. 7% • Jan '110)4 . 12 7 . 7% 280" • Mining Co Knitting Mills 1 6 1 common Co. Class B— Walker & Nov . Jan 31 . 42%. ' U Nov Apr 3¥a • 14 Dec Feb 14 2,800 20 1 footnotes see r, If ' " .1 40% 42 ¥2 Wagner Baking voting trust ctfs ext..* 7% preferred —„—100 Nov 1)4 Aug Apr 46 — —1 . Inc— (J Va >4 • Sterling Aluminum Products Sterling Brewers Inc Stetson ' ——* 1st preferred 2d preferred Sterling x22% 1 common... Aircraft Waitt & Bond 914 4,100 14)4 4 Corp voting trust ctfs—1 & Co 32 ., B Steel Co of Canada— Stein 5,100 13'/a 3 „ Tube class Starrett; (The) ' 100 14 1 Standard Steel Spring.—.— Standard 1214.. i'T iV . A-A1 % Apr 13 3,000 W Waco Western * Co 550 103 • * — 1,500 "4% Jan 23% Nov 114 May 1% Jun 10 ¥2 May 11% : 3,000 — —10 Common class B 214 12 — 20 ' )4 ~4% 1 ^ ¥4 Mar 1¥+ Nov 12 1 Jan May ¥a 1 6)4 1/64 Jan 700 *4 • _a-—10 Standard Sep 10 2.78 Standard Cap & Seal common. Petroleum , 2% —• ¥2 Oct 20 1 5 Oct 114 2214 ; Virginia Public Service 7% pfd__r__100 Vogt Manufacturing • Feb 2214 , Venezuelan Mar 400 " Convertible May 122; Valspar Corp common— $4 convertible preferred 1)4 Oct 5% * ■ Inc.——,— 42 114 — y' Brewing Co Nov 614 614 . — • Spencer Shoe Corp Standard Feb 105 y Dec Nov ¥t 20 dep rets ord regis.. Stahl-Meyer Jan 29 74 27 ¥2 6 1 , 42 ¥ 36% 614 ,-4— 2414 Mar — 5 Spanish & General Corp— .Amer % i. 10 ———10 Co... 3014 Mar 23¥2 Mar England Telephone—100 Royalty 10 600 2914 v —100 Pipe Southland x38 ,2914 — 25 A—.25 _ Phosphate Co Line..— Southern x38 ——25 ———25 original preferred preferred B 6% f 9 Jun 100, 3% Dec 6% 200 3% Apr 6)4 Dec 1% 8,600 l*/2 Mar 2 ¥4 Jan 4 .. Jan 5 July EXCHANGE NEW YORK CURB Last Interest Exchange Curb York or & Electric Co.— s f s f 1950 debs j-J 3%s debs f s — Lt & Amer Pow deb — Arkansas & Lt Pr deb AConv deb 5s— 105 107% 115 38 47% 1st Ohio .. Gas Light 7% 14% ——1962 F-A 161 7% 14% Oklahoma Nat Gas 3%s B—Aug 1955 A-O 13'A 100 7% 14% Oklahoma Power & Water 5s__—1943 F-A —1955 F-A 11% 13'A 175 7% 11% 13 % ; 7% 14% 69 70 Atlantic City Elec 3V4S— —.1947 Pacific 73 55% 105% 108 17 1st J-D C series 5s % series B M-N 5s 115% 105 308 i A,'' 114'A 114% 2 112% 115 117 Va 8 112 117 —. Q-F $155% — M-s Central 111 Gas 3%s— & El ~6 100% 101% 29 : M-S .A— 'V103% 103% „ 4Vis S 1st 101 79 86% 101 105% Debenture 5j/2s • Connecticut Lt & Pr 7s A 4 series 3 J/*s ref 1st 4 3 94 100 % 39 40 59% 48 46'A A-O 100% 100% 98 $100% 103% 1st ref mtge 2%s ser Q Consolidated Gas (Bait City)— Gen mtge 4%s J-D 84%; A-O J-D M-N 102% , 89 187 69% 85% San 40 69% 84% 72 85 62% 96% 64 96% . 82 81% 83% 120 83 % 83'A 84% 72 6s-5s Florida Florida $121 78% District El 5s _——1952 Water Service 5%s— 1954 Residential Mtge Bank— stamped 1961 Power Co 4s ser C—-1966 Pow & Lt 5s 1954 ms & Light 5s & RR 5s ; 82 % ;,?• 83 % V; ' 77% 89 Va 66 $1231/2 68% 12 5 $104% 105 Va J-D 5s_ Serv Pub 6s A AGeneral Rayon 2 90% 89% 90'% 53 53 89% 90 % 28 108% 108% 1 $77 J-D 43% J-J .—1958 $19 Va Af-N 1948 ,«■ 98% J-D 1945 & West 6s___ Investors 5s ; F-A 99 ;V 54 J-D 102 r AA7 '• 96 V Debenture 6s Debenture 6s—— . : , 83% ,A;4 28 90 99% 94% !i 4 'V 78 71% 79 -w— 5A 106% 106% —.'r;; 103% 71% 10 V AA-fe: $114% 115% A 104% 100 24 78% 77 Vi A A7s Power J-J .1958 4 Vis '(A .1942 (stamped). v. Radiator & Mfg— stamped Mengel Co conv 4 Vis Metropolitan Edison 4s E 1965 G 1945 1943 1967 1978 6%s Midland Valley RR 5s Milwaukee Gas Light 4%s Minnesota P & L 4%s Middle States Petrol Nassau s 6s 1945 & Suffolk Ltg 5s series 61 A-O 66 64 Va 66 33 49 76% A-O 65 % 64% 6534 F-A 66 64 Va 66 Vi New Amsterdam New Eng Gas & 37 41 31% J-D 65 Va 64- New $16 . #<>' — 1957 F-A 65% 64 6s 1957 65% 63 A-O 1946 107 V* 12 $122 125 — 49 76% 40 50 76% 17% 25 1034 ' 6534 16 1 22 16 J-J J-J $12 10% 18 105 28 105Vi 106 105% M-N j-j 107 % 107% . —— $111 At 15 97 Vi — 107 J-D a-o 5.1952 F-a ..1952 a-o .1944 f-A 95 -2022 M-N 97% 4 95 Va 108% 106 41 8534 118 86% 101 20 84% 85% J-D 107% 106% 108% 1 :, 114 107% 107% ■ j-j Light & Power Co- United f - A series 6s — . 112 Ve A ' 1 69 V4 88 Va 112%; A 111% 114% • K 106%.A' $106 97% V 96V/a t 97,/4 103% 107% •' 82% 100% 47. (Maine) United Light & Railways 115% 118% 9 116% 116% ' Utah Power & Light Co95 96% 39 92% 100 95 95 va 38 83% " 99 Waldorf-Astoria Hotel— debs 1954 1951 J-D 1964 2030 A-O 1960 J-D Penn Electric 5s ; 5s Traction Penn 1 108% 110% 1 107 4% 110 Va ' - West 2% 88 110% 110% J-D income 4% 110 Ve 110 Va 4% M-S Ry & Elec 4s A 5s Wash 99% 108% $101% 101% 107% 117 108 Vi 108 Va 108% 5% 110% Newspaper Union— Western 5 A York Rys Co 5s 5s stpd AStamped — $84% F-A | unstamped extended to 1959 stamped extended to 1959 _ 1937 1947 69 87 A ' 156 7 88 74% J-D 74 68% 75 10 71% 82% 74 ; J-D 68 75 F-A 88 Vi 6 120% 125 U0% 112% 107% 110% 90 80 98% 101% 100% 100% 1 9 106 110% 110% 8 107 52 , 109% 110% 98 % 101 % $100% 101 Vi 50 11 50 64% 105% 105% 105% 2 IP'"* 10^% 103 % 103% 103 Vi 14 107 Va 8 103% 103% 18 100% 104% 1 110% 112% 111 74% 22 71 81% 98 99 5 14 11% 14 3 108 % 108% 108% 20 97 9% 100% 16 J-D Af-N M-N A-O 77% 76% 77% 25 65% 85 J-D 82% 82 833'8 39 67% 87% 1949 J-D 113 $113% 114% 96 Va 97 11334 1133a 48 47 % 47% 46% 47 46% 107 Vi 102 29 ALima City Z 112% 114 42 48 40 42 48 74 43 2 100 107% 103 4 M-N ' A of Oct M-S J-D — de Janeiro 6V2S™ 6V2S_ A5%s 1931 1972 1958 1959 7s__ Government —— 1919 —1921 __ ' . — Mortgage Bank of Chile 6s ARussian — 1 48 15 11 62% 62% 63 108% 101% 106 • r No Cash par'value, sale, x A 25 : 25 9V» 1 14% 45V; " $9 11 $17% 15% 11 Mortgage Bank of Denmark 5s ARio 14% 'Ai $43 — 1927 (State) A A 43 $35 M-N 1927— — , Low No. ■ — ~ 25 20Va High 44 43 15% 50 48 . . J-J stamped Alssue Of May 4'A Issue — ' 1958 (Peru) 7s — "A ' F-A 1951 Mortgage Bank of Bogota 7s__^—_1947 AMedeilin 97% 115 48 Vi J-D • $43 43 — 1952 6%s stamped_1958 7s AMaranho High ilf-N _^ A-O ' y 21% 16Vs 2% 2% -2 Au,. 21 % 17 2% 2% Deferred delivery sale, d Ex-interest, e Odd-lot Ex-dividend, y Cash sale not included in year's range, a 13 < 17% 9% 15Va :,J; 29 32 $17V2 — 35% 35 Va — 16% 2% 2% 1 ® 13% J — — — 15% 29 $29 A — J-D A J-D M-s J-J J-D J-J ; 1 19 Va r- 3 3 11 * 67 19 124% 84 a-o J-J Range Sinee January 1 Bonds Sold Last or Friday's Sale Price Bid & Asked Low Danzig Port & Waterways— AExternal 6%s stamped—^ 106% 111 1961 1948 Nov Agricultural Mortgage Bank (Col)— A20-year 7s April 1946 A A20-year 7s Jan 1947 Bogota (see Mortgage Bank of) ACauca Valley 7s____ 1948 Danish 5%S ' 1955 Extended 5s 1953 AParana 99 Week's Range Friday - Interest Period 18 . 105% 108 • F-A F-A A- - Exchange Dec. " 100% 105% 107 107 111 Curh Ended — 108% 108 % 100% Week 108 105% 106% 10 BONDS York New 107% 110 .. 109% 110 105 106 Service— Va 22 -1949 21% 1954 series A 76% 35 66 F-A ..1952 54 38 1948 1950 3'As England Power Assn 5s AIncome 37 M-S Power Public • 107 87 Af-N J-J A-O Af-S • . 48% —1947 5s Orleans 49% 109% 106 6% $ 106 % 108 109% F-A M-S Af-N • 47. — 19 $112% 113 % J-J . $106% 1073 a J-D Debenture 5Vis New 78% 77 26 65% 6s— 49 49 41% M-S A-O J-J i deb England 11 37 ' 1966 i. • 19 35 1981 Elec 5s__ Gas 5s El Assn 5s 5s Conv. New . 78% 2022 1956 1948 .— A Nevada-California 100 42 Va 19 - 5 65 J-J Af-N ANational Public Service 5s ctfs__1978 Nebraska Power 4%s__ 60 103% 108 19 1 AA $107V4 113 J-D J-D '-:i: ; ' 5 20 5% 91 107 J-D 1957 1951 Mississippi P & L 5s Mississippi River Pow 1st 5s ;! .' 5% 5 17 A-O $ 1955 5s . 2 48 M-S 1948 1947 1971 6s " vV". 1 75% McCord • 108 50% 10 88 1968 20 17 J-D 1957 ■. A':._ 18 'A M-s 1966 ref 5 18 20 37 ■ J-D 1969 & yyA: 17 A J-J 1966 1st 98Va 103% 52 51 51% 8 ..2022 West 74 . .2022 series 103% 106% 1 $101% 102% 3 Wash Water Power 3%s 75 Va M-3 1965 4s , 99% 104 60 A— 82% 118 6 2 18 A j-j; .1957 .1952 Gas V 106% 106% 102% 105% Industries— 83 105% 107% -.U- $15% 'fc-W ■A'. .1952 1963 A Jacksonville ' 18 A., 17 .y-: . 49 86 ■ 5s— Light & Power "'.v ••t A J-J 1952 6s Debenture Iowa '■ F-A 1957 (Aug Interstate ,;V .1957 1941 coupon) A7s series F A7s (July 1941 coupon) A7s 16 J-D .1955 103% ~2 ' 6s 1941 coup)— (Dec 1 series E. A6Vis 100 105 102% 105 f-A 88% 100 14 77% ' .1955 102% 93% 105 V* > C series A6V2B , • 87 deposit of (Hugo) series 6s 6s Sec— Power 49 $103% 104 J-J ..1956 , ' ^International 102% ,,102 a-o 96 22 93% m-n- :fy 86 9534 98% 106 Va 102% 102% F-A 27 99% 100% A-O 1960 107% 11034 ... a-o 100% —1950 gold Stinnes 19% 10 ms J-J 60 77 84 59 Dec 1 debenturesStandard Power & Light AStarrett Corp inc 5s Stinnes (Hugo) Corp— 7-4s 3d stamped— 6s 109% 111% 83 ; 96.% 20 98% M-N 130 53 29 100 102% F-A 112% 129 • , 81% 84 M-S 82 108 $130 ,132 $58 ;A4 : 103% 75 80% 111% 112 -1959 ,14% • if2 104% 99% 3-d 80 103% 95% 47 101% 102% V 96% 102% '81% , 39 4 96 V a 104 104% 15 101 % 102 •102 1 M-N 102- 96 ■67 " 110% 110 V2 a-o 98 MS 108% 108% 19% 96 $ A - a-o 3%s 1967 111 Pwr & Lt 1st 6s ser A 1953 1st & ref 5%s series B 1954 1st & ref 5s series C—,—* 1956 S f deb 5Vis — May 1957 Indiana Hydro-Elec 5s 1958 Indiana Service 5s 1950 1st lien & ref 5s 1963 AIndianapolis Gas 5s A —1952 Indianapolis P & L 3'As .1970 Power Idaho ■ 98 J-D 90% 81% 10 A 80 43 V4 95% 96Va- • a-o Jan 1949 series B AV 132 26 1989 6s 92% : 40 2 .111 vvm'4 A-O —Jan 1949 Hygrade Food 6s ser A 6s J-D 1960 3%s— Af-S 150 13 36 A-O ;; : 102 "/a 103 May 1948 May 1948 : 1951 & L P ' Houston Lt & Pwr % 108% 138% 138% J-D ,.1970 —2022 90% 85% 48 89%; 1950 1950 1963 106 Va 105 F-A V 100 77 53 ;*'•* 103 - M-S J-J 14 13 (101% 102% J-J (stamped)— Conv 6s stamped 93 90 16 75 MS stpd Green Mountain Pow 33/4 Grocery Store Products— jjAGuardian 89 90 V* J-D . 1965 Nor Power 5s Guantanamo 99 $__ J-D —1941 Alden gAGobel (Adolf) 4%s ser A Grand Trunk West 4s Great J-J 79% 38 92 98% A-O ——1978 5s Power & Light Coal 4s Georgia Glen 91% 91 Va 104 Vi 108% • J-J 6s 102 % 104% 50 103% 104 Vi 104 V * J-J 79% 106 v 138% J-D California Spalding (A G), deb 5s Standard Gas & Electric— 102% 106 % ' 71% . 4 103 103 Power Carolina Southwestern 47 25 50 77% 107% 107% V, Ay 102 Southwestern Gas & Elec 3%s 96% 103 % $46 A. J-D v 1947 103% 106'A ■ MS '%>'■ v, Af-N. ,. 5s— 1957 Edison 3s—1965 Southern California Gas 3%s—_1970 Southern Counties Gas (Calif)— 1st mtge 3s 1971 Southern Indiana Rys 4s —1951 92% 102% 103 1 M-N 97% 107% 111% 109% 112% 106% 106% . M-N' A —i—1979 Coal 6s—.. ^Sheridan Wyoming 123 Vi 103 % 105 103V2- 77% — 100 86% 122 — 116% 87 % 97Vi 111% 111% ; A-O 72% 77 124 87% 88 793a •'.A Shawinigan Water & Pwr 4Vis——1967 ■A 1st 4%s series D——— —1970 100% 102% 18 : 97 100% 93% 60 75 111 104% 106 125% 69% 103 83 % 106% 108 115 $111 Vi 112'4 A-O 103% 99 Vi 120 100% 100% M-S 1969 1953 1948 3%s_A Power Gatineau 105% 108 107% $107 97Vi A-O Certificates General 32% 104% 115 1951 104% 107% 12 - ' $72 j-d F-A 20 100 104% 105% ' M-S Joaquin Lt & Pwr 6s B_r.—_1952 Real Estate 6s—A .1951 Scuilin Steel inc mtge 3s— 108% 110% 125 M-S Power Finland 102 1956 2030 1956 Water Lt Federal J-J 102 100 V 2 Electric Empire 105% 106% M-S Eastern Gas & Fuel 4s ser A— Elmira J-D ——-1955 3%s. 2 3 •■109% 109% 109% J-D f-a Packing 97% 102% 5 59 $105% 108 ■: J-D 4s_—1969 4%s Safe Harbor Water 117% 122 $121 A — ; Af-S ASchulte 25 84% 85 1958 1944 Cuban Tobacco 5s 97% 104 12 30 % 30 115 J-D 1964 -1949 & 74% 83 Vi : 1954 Cudahy 101%: 101% 102% A-O Queens Borough Gas & Electric— 5 Vis series A——_———,—1952 99% 104% 85% .83% M-a: M-N • A;l. 89 84 83% A-O Continental Gas & El 5s—— 101% $107 1 . M-N perpetual certificates——— P & L 5Vis— .1949 ref 5s series C 1950 1st & ref 4%s series D———1950 1st T 89 M-S 1971 1969 1976 i : 105% 108% $105% 107 J-J Sound Puget $ Southern P ser 107% 110 4 99 Va 30% Af-S Q% 13% ' (Bait)— & Pr N mtge 3s 1 2 99% Jersey— of,New Service South Consol Gas El Lt 109 102% 106 108% 108% J-D 4%s B———1959 (Can) Corp mtge Public 13% 262 A-O 1951 ; 74 11% 46% F-A 1949 5%B— & L P Service Cities $ 1952 5s Debenture 11% 10 A 11 1958 1969 5s ; 10% 11 A MS J-J 108% 106 101% F-A 1961 F_— 3Vis—_— Sinking fund deb 4s—, 104 1 100% 100'A S J.J 107 2 Public Service Co of Colorado— 99% 102% 3 105 105 J-D 5s —— . 9 16 , 101% J-J ———1956 E 5s Edison series Power 100% 104 6 • - 85% 84 M-N 1948 ——1954 Central States P & L 5%S—--—1953 §AChicago Rys 5s ctfs 1927 Cincinnati St Ry 5%s A 1952 6s series B -1955 Cities Service 5s_ Jan 1966 Conv deb 5s —:—i_: 1950 % A5 Elec States §£Central 10814 108% 108% A A— Af-N extended———..—1950 stamped Potomac 117% 151% 180 — 103 % 104 • „ J-D 1953 1964 5s_ Power 61 108% Co— Public Service of Indiana Northern Canada _ : M-N Elec Power 5Vis 1972 Rapid Transit 6s——1962 Portland Gas & Coke 5s V ; 1957 —-j—.——-A----I960 Bethlehem Steel 6s —1998 Birmingham Electric 4%s 1968 Boston Edison 2%s 1970 Broad River Power 5s— 1954 M 50 106 105% 105% -A J-J Pennsylvania Water & Power 3%s_.1964 3 %s ■• -i1970 99% 100 — 115% 111 115'A M-S of Canada— Telephone 1st 5s 1979 Philadelphia —1950 6s Convertible Light 5s—; Philadelphia Bell & Power Park Lexington 1st mtge 3s 1964 Penn Central Lt & Pwr 4%s—1977 108% 106 A'A Baldwin Locomotive Works— 11 ' $9834 J-D :: 7 2 $107% 108 106% 106% ' :.r j'' j-j 1964 Avery & Sons (B. F.)— 5s without : warrants vv AA . 4s Service Public 14% .V M-S 4%s„—A_ —1955 111% 108 % 114% 115% 107% 107% A '■ 9 13'A 13% m-N —1955 deb 5V2S A—.— Atlanta 108 A-O 13 % ■ 109 1C5 10 54% 53% A-O 11% f-a Assoc T &r T mtge 12 13 V* = a-o —— — —1945 mtge 3V*s——1968 3s_—.—.——.——:—197X Power 1st Ohio 11% vv: High ~2 . 106% 107% 107 Af-N Ogden Gas 1st 5s 13 V*. ;A f-a 45 . Low s 115 Vb 115 V ' F-A 13V* 13 ms 5%s——.——„ —.1977 deb AConv 5 47 ...1968 ADebenture 5s 124% 130 125% 1'253A 106% 107 Vi 43% -A A. J-J 1969 1st 3%s series A— 107 44% J-J 1 January No. High $111 112 ; 106% 106 % , J-J —1948 Sold 104% 107% ...5 106 Vi 106 v. ..2004 —1954 5%s— Utility Af-N —1964 4s.__. ; Range Since Bonds Northern Ind Public Service— 91 79% 125% j-j 1950 A 3 j-j —1948 4V2.S— 4V/2S—1—— —1949 deb A Conv 253 91 A-o A--— —1953 •(Associated Gas & Elec Co— AConv 96 88 5s Cont'l Nor 86% 106% 94Vi Last Sale Price Bid & Asked Period 18 Elec & Gas 3%s & Westchester Ltg Y Debenture j-j 4%s Elec Associated $107% 108'A ■ N 102% 109 91 •: j-d .—1956 —— 5s 101% 106% 96 Week's Range or Friday's Friday Interest Exchange Dec. Low 104 102 5 ms Curb High 2 8 105% 105 j-j . 6s—u_— _ —.1961 1970, Appalachian- Eleo Pow. 3%s— ...2024 Appalachian Pow deb 6s..—. '.A,' j-j 1970 —.2016 6s__ Paper Writing Amer Low N Y State 103 3'a 103 3 j-J debs— 3%s No. York Week Ended 1 January ' —I960 2 %s Sold High Low American Gas BONDS New Range Since Bonds Friday's Sale Price Bid & Asked Period Ended Dec. 18 Week Week's Range Friday BONDS New 2209 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4135 Volume 156 25% 29 J 25% 28% 131//a 181/* i8 *5" ?i/4 17 1 3% 13 10/a sale, n Under-the-rule sale, Easy Washing Machine class B, June 26 at 2%. t Friday's A Bonds bid and asked prices; no sales being transacted during current week. • being traded flat. in receivership. I Reported cumulative; certificates! THE COMMERCIAL 2210 & FINANCIAL CHRONICLE Monday, December 21, 1942 OTHER STOCK EXCHANGES Friday Last r Week's. Range Sale Price of Prices .■■77/ " ' ' 7 12 Dec. to Dec. 18 both Friday Week's V> of Prices Shares Par Arundel Corporation Baltimore 1st Transit preferred t Low —* 1614 1714 235 vtc—* common 1.05 1.25 330 —^.—100 11 Consol Gas Elec Light & Power com.;.* 56 4 %'fc v c „ preferred B Chemical Co.— Davison Eastern Sugars Assoc 1014 125 t c—1 v 6% Fidelity & Deposit —— 20 Fidelity & Guaranty Fire Corp.——10 Guilford Mt Realty 6% Co preferred—100 : Amsterdam Penna Water & Power Phillips Packing Co Real U S Estate Atlantic 4 11 4 75 75 30 % . ■•••' 4 32 ; 30% 29 % 39 Coast Line series Co 9014 „ 1975 , ' B— 56'/2 1975 to Dec. 12 18 both 88 Jan 92 Jan 57 56% 101 50 Jun 65 101 Oct 105 Tel——. Bigelow-Sanford Carpet 6% Son Boston & Inc . 125% 125% 13014 Low pfd—100 Albany RR 10 100 :4 sh pt vtc Steel Packing cumul .•'/. 1% 1% "21% 20% 21% 2% 214 75 ' Deere High & & Cohn Co Mets Inc 134% Jan De 104% Dec Diamond Dec Dixie-Vortex Jan 75% Jun 10 Motor T Co common.:—.2 79% 80% 383 23% 23% 5,940 19% Apr 26 62% 63 547 42% Jan 66 Nov 14 13 14 1,049 14% Jan Elgin National Watch CO Eversharp Inc conmi0n.... T/o prior preferred——.—.100 class A 1st preferred——— 10% Mar •Eastern Oct 8% 475 5% Jan 8% Oct Fairbanks 1% 1% 138 114 Apr 2 Jan Four-Wheel 114 1% 399 Feb Fuller 1% 114 1% 56 114 May 114 Apr 3 class B 1st pfd stamped—..—100 2% Jan 1% 114 26 1% Jun 3 Oct General xlO% xlO% 50 814 Apr 123 Sep Jan 31% May 10% class 1st D pfd stamped——100 Prop Trust————" Personal Providence & RR— Range Eastern Gas Common 4% % 66c Dec 1% Jan Goldblatt 145 41 50% Feb Goodyear Tire & 18% -737 Apr Dec 32% Jan Gossard 21% 665 114 Jan 214 Dec 8114 Jan Sep Hall 12 Jan Oct Heileman * ; t v Linotype 1014 26% 25.74 25.74 25 414 ', 5 414 4% 980 25 363 Oct May 20% May 29 Oct 3 Mines 3% 35 10c 11 4 18% —50 Pennsylvania RR Quincy Mining Co Reece Folding Machine—— — 4% 332 12c 100 Association Feb Inland Steel Co Co , * Corp.: preferred-—— Feb International Jan Jarvis Sep _ 5 Jan Katz 5c Jan Kellogg ,2% 4% Jan ' 25 2% July 7 50 7 Sep 87% V 574 80 Apr 10IV, : %•••; 20 % Dec 1 tut 489 f& Jan 7 -V*. •: Oct 1,795 18c Oct 64c Feb 45c 639 12c Jun 50c Jan 18% 188 14% Jan 18% Oct 23 % 1,894 18% Jun 26 Nov 75c 625 Co Drug Switchboard 29% 4% 34% 67% 62% 62 x61 % 20c 779 8% 17% Street 7 88 16 -7'5% ' 5% • "••%> Co 22 Apr 28 May 30 7.2—50 114 g ? 1% 1% 71/^ g % 1914 7 6014 814 "2; : 1314 Class Burd Tel A Co For ' ," 314 7% 500 * T \ 39% . A ? 2.__l 2 common.'— 1 ' - 20 1 Mar 21 85 Nov 105 % Mar 8 Dec 165 15 Dec 25 May 6% Feb 6 255 •' 101 7'-'1' ;/7:-227 Utilities— . . 7' 7"';7' 'l':,/,;', : '. 2 2 2% 2% ' «7 r,Va prior lien ;■ stock Common Manufacturing Monroe Chemical Ward 8* Co common Cylinder Gas common— 7.2 8V2 - •* Corp 49% Shares ' ' 1 41% 105 5% 5 Omnibus 33% 814 Range Since January 1 5 Vs 50 2% 2% High 4 Switch Dec Penn Gas Jan 514 Apr Oct 300 2 Jan 10 250 9% Jan 11 11% 250 1014 Jan 13 class A 25 24% 24% 24 Va 10O 2014 Apr 24% Dec 27 25 Vs 27 Pressed 900 22% Apr 30% Jan Quaker Oats * Co capital 100 125% 5 3% 125% 130 page Jan Apr 8% 50 13 3 3% 11 12% • 33% 9% 13 3% . 323/s 5% 600 1,600 100 50 800 50 34% 595 4% 1,800 13% 470 1 4 26% —* 1% — —5 2215. 25% 27 11 1 —1 4 12% 5 .. , — Co 1,450 Sep 1% Oct 3 % Oct 1014 Aug 6% May 1114 May 3% Mar 28% May 3 3/4 11 May May 19% Jan 11% 400 9% 1% 1% 600 114 Mar 11% 12 100 14% 14% 100 3. % 2% July 2% Jun , 3 100 7% Jun Jan 414 Jan 13 % Mar 9% & Co Potter A (The) Cummins capital, Co & —... capital— 2 Jan South 6% Colo Spiegel, Jan Standard 27% Oct 13% Jan 2% Aug Stein & Co 13 Aug Stewart Dec Sundstrand 2% Aug 3% Apr Swift of (A) Warner Co A * common — common— 2 1 Indiana common Corp Machine capital capital ...——* common Tool 25 5 common—5 25 Dec 9% Dec 7 750 2 Dec ,7 ' 1,850 23% :777 10% . .7 7.750 1,100 10 800 6% Jun 400 % Jan 150 12 V\ Jun 250 Vs Jun 663 23 Va 47 Va ,.:7% 700 18% Jun 21 Dec 614 j, 15 Jan Nov ■V 36 Apr 3% Nov 7:15 • Nov % Jan 231ir Nov 47% Dec 20 20% Oct 2414 Jun 510 3% Jun 4% Feb % 550 Va 5% 56" %, Jun Apr Jun 814 Jan Apr 73%. Nov 146V4 70 148 Oct 1% IV2 750 1 Vs Jun 2 Oct 2% 2% 600 1 Va Aug 3% Oct 13 % 13 % 42 - 814 .. , Jun 10% Jan 13% Dec 10 41 52 Jan 250 Jun 6 Vs Feb SVs Jan 62% Nov 10 250 43% May 4 May 9 3/4 Dec 23 % 500 23% 7.„456 414 2314 140 10 . 61 4 9% 150 Dec 5 Feb 13% Apr 33% Apr % % 10 % 2% 1% 3Va 150 2% Sep 4 V* 1% 1,300 1% Nov 2 Jan 10% May 12 July 20 Apr 27% 8 July 5 Mar -•. — 12 12 27% 2614 27% 8% 11 ' 146 2% 8% 350 1,732 8% 190 6% 7% 835 14 " 13% 14Va 850 2234 21% 2214 2,175 — Oct 414 % — - Jan % Dec 1114 Feb 3% Apr 20 Dec Jan 16 6% May 100 Oct Jan Jun '7 8 Jun 11 Vs 5 23% Apr Apr Vs % 9 Oct -Apr 34% 7 3% May 8 130 xl% 1514 •/t 40 '• v 1% Feb 4 614 9 May 150 15 % Jan Jan ;77 Va Apr Apr 7 510 — Jan . % % May 4 6% — 5% . 450 23 714 8 - Nov 1,450 9 4% 714 60 ~ Nov Vs 750 714 Dec Vs ; 600 . 42 : 2 7 50 7114 .... : 50 7 Jan 14 3314 300 V„7, 68 — ——-20 _—: Oil 1434 & class common— Dredging Prefei'red Standard Pow Inc., Nov 4% — 1 ,—..7 Jan 5 2% •7 ,7 14 — . Corp class B common.—. 15 Apr Oct Vb Mar — — Signode Steel Strap common South Bend Lathe Works capital—>—5 393/4 Mar Sep 314 * Feb 514 4 Va 21 1 Nov 14 .■ , Reliance Mfg Co common— 10 Louis Natl Stock Yards capital.—* Roebuck Dec *" 100 21% ■■/ 453/4 — ,, 50c Schwitzer 7 650 ' 14 ...100 Serrick '/. lVa Jan 3 Va St Sears 8% 16% July 2% July 14 V2 preferred—2.5 Nov 12% Feb ? 100 1414 —• ' 2 Common Apr Feb 6% 7 1,250 ;2_ ;— —_1 Preferred Raytheon Mfg Co 6% 2% Mar Jun % 4 23 Sep "Nov 11,400 10 2% common.—;——2—1 common 1% r Dec 16 711% May 22 __ * common Co 6% 12% 8% — ,. .2—* u * Sep Feb 414 10 2% common—.* Co.— B class Steel Car .Jan 10 (The) Circle Poor Oct % 9% ' * common. see 4 614 11 9% —5 —* common 2% 250 Perfect Jan 3,250 Apr Sep 1333/4 3% 2% 11 —5 preferred Nov 8% 2% 3 10 common. Mar 2% 14 3 • 102 % 3 11% Mar 8 1 I 1,340 ■ class 113» Jan Apr 5% 9% 7 Dec 9% 4 Pennsylvania 11% 9% 8 , Feb 4% 10% 10 RR capital ...50 Peoples Gas Lt & Coke capital.——100 Elec & 7 114 1414 ' — A———.2—10 class Elec _* * preferred—100 common———6 Corp Mfg Co common.——.* Peabody Coal common B. 5 Penn 49% r 19% 4% 22% 1014 common——* 48% 37% May 391'8 Sep 5%, Jan ■.%'% Oct s 100 32 — Jan 40! % Mar 100 7 .7: 1 2, 8% 23 714 7;: common——* Ontario Low 250 Inc Bancorp, North West util-7% ■ High 40% ' * common. Sales of Prices 49 capital—.5 Industries Airlines Northwest for Week Range Mar % Aug a 37/g Mar 4,025 8% •7%. .1 — 7% Feb 27 • 19'/2 8 1 North American Car common———;—20 Northwest 4 19V2 . ._ f 1 Feb 9% 314 2% •' 14 Va common—22—* Co Dec 103s> Nov Vs — common———* Montgomery National. ... t c._———* v Modine 58% , Jan % ———100 2:7,7% preferred5 class A..2——.2—_ 100 ,;■:(; 67o preferred class A——:—100 Miller & Hart $1 prior preferred_2—1G Feb 74 , " - .,, 7':;7-r :'."' T/o prior lien ———————100 1% July ' 7% Week's Low 8 Midland compiled from official sales lists •', 8 . Feb ,.; Feb 8'/a " V 8 .. Apr Mar 4% Oct Aug >11' •• 12% „ * . Jan __ 230 46c 104% ■ 8% 812 934 * 25 16% Sep Mar 950 15c Jun 18 both inclusive, Va Oct 1% 70 % ; Ai—7-2—* Apr 1% Aug 9% Nov ; Dec 120 •.—.2—2 Mfg-class Nov 1% 514 714 1,150 common. & Jan 11% Apr 40Iv Apr 200 - Jan Dec ' V 7 414 63 3,660 7- 40 f 4Va - 44% Aug Jun 450 /"4 — ;—.5 common.... 30 Apr 7773 71;'Sep 800 Nov 12% Aug 8% Jan 7 7% Aug "•■ " 77 I- Jun 7-7''5% May 200 Sep 18 Jan, , 77 72 V« 49 4,000 —25 common footnotes 1,037 ' 5% 50'% Mar 103% 103% Corp——— L) 54'/a " 7 *"360 5% -1014 7 267 " 0 37% May Jan <W H) common (E 7 10% Apr: 12% Field Rad Class Feb (Delaware)—— Piston Ring 62%' Jan Dec 7 : 1. 2%-.May 50 5% 70 42% Brack & Sons (E J) capital Brown Fence & Wire common Bruce 1,450 7 814, 8 1,417 Jun Seelig Mfg class A com——5 Warner Nov 6% 5% May 18 V» Jun ;150 77 4 1,725 29% • Berghoff Brewing Corp Bliss & Laughlin common—; Borg 4 h 1 788 1114 •. 17 : 1,150 " 19% xl0% •*'' • 63 13,000 common Radio 506 ; 1114 -2 7{» « 7 , - ? Merch & Manufacturers Sec-r- Dec 39% Co Mfg Aviation 814 " M •-% 5 common——. McWilliams Dredging common 35% Mar 39% ale Price Belden Mfg Co common Belmont 5 24% 21.1a May 9% McCord 55 Univ '•• 1214 Marshall Jan 1970 . Bendlx ' 300 Jan 6% Nov 75 Equipment Co common .1 Asbestos Manufacturing Co common—1 Athey Truss Wheel capital 4 & 5% 10 100 2 9% 10 Dec Aro Barber Co 500 "T7 1014 90 common Products Corp Barlow 6 7 25 25 1514 10 70 common Laboratoxdes Corp Jan Jan 78% Apr : 100 Apr $1,000 —1948 ! Allied Aviation 10% 75 185 Apr Ry— Aetna <fc 600 6% Dec 70% A ser common Co Dec 3 7777% Mar 11% 3% 70% Castings Ball Bearing common Tel 200 ; 9 11% Oil 6% 17 Alum & Jan 44 V • Sep 1114 6% Lion 1% July 15 Par Armour Feb Feb Sep 7 40% Jan 3% Mar "-74 650 "630 17V» 6718 88 J 6% 6% » STOCKS— American Dec 2 24Apr 29% 7" " 125 4% 17 ; common—5% preferred Line Material Co . : Abbott Laboratories Chalmers , 71% Aug 30 2414 1114 « 1% %-;•%% Mickelberry's Food Products com/"..221'72 2_'7414 Middle West Corp capital———_—5 4'% 4 Midland United conv pfd—22.———• .7 8V2 814 22c 1% 1 Last Allied Dec Ref'g Co capital.—7'% 1114 Liquid Carbonic common..—2——>7. 1514 Loudon Packing" common 2." ,7/.2/••'•""%,. 2 i 8 465 x44 % x44% Friday- Allls 214 4% 22% & Ext 978 1,290 ! 30 34 V Mar cumul Salle 562 8 % xlO 6 60c .I960 Dec. 12 to Dec. Advanced 4,200 7 4 7 Libby McNeill & Llbby commoxv— 2^.7 4% Lincoln Printing Co common——„■•.•'Va $3.50 preferred ,2 8% July fS UJ 24c 29% » Jr La Jan RR— series RR.__ Oas Oct Jan Jan 29% 534 28% May 195 44- 414 L'p com class A——* 7 /_.• v " ' Kentucky Utility— Nov 17% 34 • ———_4—— 10 Chicago Stock Exchange & 35 2% _ :'; " 'common.'—-—'22—'—..I, Ken-Rad Tube May Noblitt-Sparks Oil i 4214 . 7 ' Adams 4 Sep 21 116 common..'...* ,7-v2:2.a;7'-1 5614x5814 capital..—222.2—_1'-7'9% 9% 9% Co. lc 5 100 Inc A Steel Co 32 21 Vs 3414 t : .National Pressure Cooker coftimon_2—2 Acme 12% Mai- Apr 150 Harvester B) 3% Nov 5 1 mortgage 4%% Mass (W 400 9% 514 25 Tunnel— Co series Jan Feb 9% 7";' 500 34 Nov 3 900 5% Nov 9% 181 200 ;.77- 200 314 Oct 9 % Jun 10% Joy Manufacturing Co common—222—t BONDS 4%s 8 Apr capital.. Jui—_—t__—* 18 May 325 x8 10 25 Corp Vermont & Mass Ry Co—— Eastern Products 37% 27% Jan * .. Holding Income 10 "7 8% '7 .1 65c 70c * (The) Maine 150 Dec Dec 25 / ",7.6% Aug '- v; 75 ■■■ ... . 114 May _♦ 21% 22% _* United Shoe Machinery & ;:;'7 8% 7 Jan Apr 7 3% Mar 100 t c__7 v common common 18c ., 10 i — Inc. Drill mtge 4% Independent Pneumatic Tool Indianapolis Pwr & Lt Indiana Steel 29c Dec 15c ' 1st 30 300 capitaL.-i.^——10 7 common.^.— 100 7.' Dec 20c —25 .. Boston 1% 19 112 914 1% l% B2_—2.U2'-7!%'4:;,:97/a Dec ' lc 7!,. 24c (S D) Nov 15c Jan 35% i,::•■:%:< 7ir * Warren 514 Jan Feb Co 4 85% .100 , System 17 91,4 Illinois Central RR 214 Aug 11 Brick Illinois 205 7 87% 100 ..•— Mills Waldorf 25 Jan coimnon22——22...1 Car Oct 3 , Motor 2% Pacific Venezuela Nov 2% 463g . .2.7 common. class Dec A common & Jan 1% 100 Dec _* common. Brewing capital.——.—22^.1 Houdailie-Hershey lc North Butte Mining—4——2.50 Old Colony RR. 100 Metal 16 Va 1% Aug " 35% common.— 2—2.7.10 Co 4% 1% 3% York, New Haven & Hartf RR.100 Utah W) 25.74 250 14c * England Tel & Tel Fruit (H Co May 285 ,1 35% England Gas & Elec Assn— 5%% preferred cuinul 13% Mar 100 1% 214 250 • commoxx—.f—r—* Rubber Apr 22.19 4 New 6'!o 400 :"V7 1514 ' National Tunnel <fe United Jon 36% Spencer Bart •commoh2i.2.-22.2l25-'):7>- -25 '''' Hupp 15c 11 1 1 Twist Inc Bros Printing Hibb 12 41 2% _100 26 % Feb 3% 7 "2% 95 4% Mar 30 614 5%. 12c 1 Co 17% 27 : * — — Id 22%: 40 :/■;'-• 5 c— 93 26 —* ----- Narragansett Rac'g Assn Inc— Union Jan 104% 351a Great Lakes Dr & Dock common.——" 325 ———_%.—*■: —— Associates Torrington 12% Sep Jan -,7'{ common..—.2— * 264 10 —1 — — Webster Sep 71 7i-__ common.—..0 75c 22% —* National Service Cos & Adv 441% 40 10% Maine Central RR common-—.—100. Stone 9 70 ' * Association Gillette Safety Razor Co. Shawmut Outdoor 17% 100 Hathaway Bakeries class B Lamson Corp (Del) common New River Co 175 414 Mar General 66c i—4—'* Capital Corp Util 1014 8% Oct 1% 5% preferred 14% 'Nov 3714 Oct 92% Mergenthaler 21% Jan 5% Gillette Safety Razor —— Mass Apr Apr Dec 7% 2% —— Oct Dec 15% ,7 10% 6% Jun 92% Gilchrist Co 16'i. 33/4 5 42% 68c _* 7 —— 6% preferred B Eastern SS Lines common—— General Aug Aug Feb 100 Feb Street Ry common...100 pfd series A _100 Group % 400 414 17% Employers " Jun I .11% July 4 514 ,—100 Preferred Jan 614 130 16 7% Nov 1414 Aug 4% May 334 298 5 Nov 614 . 6% Associates- — — Mass 1st 31% 7 4% 21 Jan 3 ' preferred 6% A.———•___— Apr % May — .. 1 6% 4% prior preferred.——aIIOO Eastern * Oct 23% 17 Va 4% Nov " Fuel -v-WT Candy- class 1% ' Auto—..4—"--——10 common 777 3/4 Feb 45 7 23 5% _. General Finance Corp common..22— t 1% General Foods common 2—,7 _2 v General Motors Corp common. —10 77 44 21 5 Co——— & — Drive Co 22 4% 100 Calumet & Hecla Copper 114 Moi'se "common Mfg 3% 800 ~ 32 '3% ; __ *" ■ General American Transp common—5 Boston 6% ■! 1 7% 914 ' 20 Dec Jun 245 9'% 32 3% 15 1% Boston 9 32 —5 1% 814 ,Jan 2Vb 40 : 7 ".'',.814 — I-nc.^i—.__4l—1 100 . 7 Corp commoh-i—2—' r%i: Airlines .100 Stamped 23% • __"•. V * Electric Household Util Corp Dodge Mfg Feb V; 7%1'w —7'— common.. 23% 91 '.-..j 1514 1% ' 2% - •- Jun 67: 76% 74 • * Car Dec 45 1134 Jan 1414 9% 7614 common....—.10 ... Dec 70 1% 13 — 3 Dec 63 80 7 15T4 ,19% — 7;7'7 9ia £ 8 36 1,500 IV2 14 '.r 7 1214 1514 __ .30 preferred.— 4 2% : . 15% 7? .......25 common— Apr 7% 2%' 7— ' common——.* common 63/4 12Va ,7 V class A—_—.50 80% * -7 • ' : 62% 5% 8% . Jan Apr 1,650 1 Jan 10% May 8% . 9,600 2% : 50 preferred—^..—J;..—.100 (A1 f) 505 * 18% 47 45 67% Feb 7% Jun 28 250 11% 1,000 Lighting Inc common...—.12 V2 Decker Apr 94 22 : 10 Feb % May. 23,250 314 ; 25 Herald Traveler Corp Boston & Maine RR— New 1% Low 101% Feb May 7 " 7 " 900 65 1114 . 36 64 65% common—25 100 Elevated Ry Boston New lists Curtis 4,216 104% 104% * —. Common 214 314 common— ' Co—" . 35% . • Common partic shares Vtc class B—* Container Corp of Amer common..—20 Range Since January 1 High 6% Apr 1% Nov 15% 50 250 . 3% 0" common.——— Edison 1% ■■■ . % Oil Corp * ♦ preferred part shares—.50 Cudahy Shares »'o 30 9 —10 common——— Utensial Consumers for Week ___100 Edison Boston — 314 8% 214 Cunningham Drug Stores ——•—•12% Range of Prices Par Boston Alum Vtc / Sales Week's Last 4% May " 8% ; 1 preferred.: Commonwealth Exchange sales Apr % Mar 450 5,450 16% — coinmon————5 Crane Co common—.——. inclusive, compiled from official 1,250 % 86 . • Jun 101 1,000 % 5% % , . 65 Continental Friday & . 30 Club May May Sale Price STOCKS— Tel x3tt common—' Cities Service Co. Oct 42 24,500 53 55 101 $200 94,000 90% 5014 50 % 1975 — Dec. & Nov Dec % x5% / — _* Nov 30% % . Consolidated 5'.'. 4S.. Boston Stock Bird 75 21% May 1,399 Dec 4% Aug Feb Co. Convertible Conn— indebt of Transit American 70% . ; " Chicago Flexible Shaft common——5 Chicago Yellow Cab capital—— —* Chrysler Corp common % —5 Dec 52 Mar 30 Belt Consolidated Biscuit 5s series A 5s 52 Dec 16% Nov ' Certificates Baltimore 52 Jan 72 Feb Jan 2.65 18 Apr Jan Chicago Corp common—. 82 Jun Chain Jan 22n 13% 41% 43 Cherry Burrell Corp Sep 200 200 Nov Oct Feb 14 66 20 Dec 1.50 14' 65 % 400 Dec 16% Mar 14 6514 * 24 50 '72 Feb preferred23% 22% Central States Pow & Light pfd .*• ;,7 „3% Jan 8 Jan 15% $7 40 3 14% — 100' 100 891 12% 21%. July 16% Nov May 50 V'-':' Jan 60 High 6% Sep 19% 71 36 2.00 43/4 575 20% 10 129 100 2 pfd 1,450 : ——„* Feb 77 20 com——50c preferred-; Mar 100 Fidelity & Guar Bonds— lien 2414 22% Range Since January 1 " Low 5% 86 Nov 15% 30 r—1 —J—*. ; Util 10 21% % 52 ,_ Prior preferred South West 127 2.00 common. Ine Dec Convertible Central & Oct $6 Serv common 35 108 Shares High 514 — common—_——10 Pub 127 77 22 —2 common Trust 6% 200 Dec 12% M) 50 50 —100 Casualty July (A Illinois Central 111 Secur Nov 56% 116 Co Central 33% Vernon-Woodbury Mills com—100 Preferred New 9 Nov 12 July Mar Low 10 — cumul conv. preferred—:— Castle Nov 1.80 Mar 107 900 7 127 3.50 40 30 12% 17% Jun 77 111 111« 30c — Campbell Wyant & Can Fdy capital—* High ,13% Apr 1,388 561-2 111 ——..1 common 11 5514 .—.100 , Low Par : ■ Brothers 5% Range Since January 1 High : __ Co Butler for Week Sale Price STOCKS Range Sales for Week ' Sales Last ' STOCKS— inclusive, compiled from official sales lists 14 Oct Jun 9 Jan Dec Va Aug SVs Nov 12% May 19 Jan 20 05 J Sep fi n • 2211 CHRONICLE ■'.■.% THE COMMERCIAL & FINANCIAL -Number^ 1.35" Volume 156 OTHER STOCK EXCHANGES .* Friday -• Low 40% Corp Caroide Uiuim 39% 40% 914 77% 79% — S Nov 4074 Dec Jun 9 74 Sep 500 58% 100 41 y ' Zenith-Radio f 14 20 -5 • Jan 2 15% May 11% Jan 17% Nov Jan 29 74 Ocl; Jari 4 % 56%. 674 CUrtiss-Wright -u.-.-———i—--y') Co—l Electric General 28% 5% 17% 5% 104% xl6% 25% 10% . U. Co common——. Rubber S. Dec ;V :V 674 2274 May 28 % Jan 2774 53 Oct; '. 67 Jan 9 500 574- Jun ,• - 2,650 6? 17% •• 6 , II, -r 17 74 : Jan May -; 50 21% Y: 385 5% ■ 1,120 Jun 1774 May . 30% 560 3% 6% .11% • Oct 12% Apr ;. . 7 % Oct ;1774 Oct 23 74 Nov 11 Dec , Apr 2% 1,980 ,1.160 Jan ■V 474 ■ Nov 274 1,470 807 31 f 608 19 - Jan Apr 45% Dec Apr : .6% Nov 26 74 Dec 14 Nov 3 74 Aug > 580 13% Mar 170 10% Aug > Jan 5 13% May ,2,050 > y 2074 July. .450 . Jan 26 . 7 Jun 589 Jan Jan 1,250 % >,'■ Oct 7% Apr y ' 12 Dec. \ > . both 18 Dec. to J- •' . Week's Friday Last .v American Machinery^ ——20 Laundry Brewing Burger — _ - Preferred Prod____ _ _ Telephone ___ Yards— Cincinnati -i — . Corp. 0 59% Insulation 10 5 Jun 6 2% 70 174 Jan 374 9 115 16 May 35 250 25 26 27 331 22 74 class .-B. Randall Rapid U S <1 S U y' 2.9 % Jan 174 Jan % 50 74 Jan % 488 42% Feb 52% 90 174 Jan 2 74 Briggs Mfg 2% 130 2 Oct 4% 2% 100 2 74 May 374 3% Unlisted— — 974 10% 0 0 Motors— General 42% •. 44 -.4 'i ■4 74 Feb 4% Nov 21% 200 15% Jan 2174 Nov 174 Jan 1% Feb 1% Cleveland Detroit & Detroit Edison common: Gar General 3 7 7# Nov Dec 44 Jan 3 50 274 Drug 5,592 15 Last Michigan • • 187 a 200 1 % Mar 2% 174 300 174 2 Feb 3 .• ; " 3 7# 400 274 July 3% Feb 1% ■ 4274 174 of Prices Sale Price 60c 56 c. 100 56c Jun .— Sugar Pacxard 3% Feb G74 Sep 107# 350 8 34 May 4% 800 3 74 Jan 5% Nov 100 1 Feb 1% Dec 45c Feb GOc Jun 13c Dec 23c Jan 1 Jun 17a 18% commoni— Car Chemical Park Davis Parke Rust Parker 1% Class U S 1 1% 1 % 61c 61c . City Iron Cliffs Cleveland Cliffs Corp preferred. 'VX J * r ;A" ■; 60 12% Controller i—G__ ——; High 3374 35 74 52 52 55 14 14 80 1474 1474 9.5 ' - 774 1074 Feb 14% 44 vi- Jan ■ 53 Aug ,. Feb 14% % ::X£;?y* V-". Jan 74% Mar July - Dec "-3 ■•• Sep 9-34 Dec v.4";: 20 14 v - * Jan 2 *'' y 2.658 52 O;. \ • s •; v 0 j -.A " General & T -14% f Co__ R :• 50 ' Halle Rubber Tire <fe Goodyear Bros common _ .... . M $5 A cum' 369 2374 7.74 774 VY 100 35% . pfdY.-iiiLxii e"t,4 ■ 3574 -',v « -r\ a9974 a99%... y; w.'-T" - '••>5 . '•W-'i- Interlake Steamship .1174 Jan 4; A >'■ XXL.~~X Xl. X ■■ *vVf 7'vOct 3074 Portland- Cement__—i_i' Medusa Prior ylO . ' ■_* v Tile Corp;' Packer * _' . l_'^i-i'J.'Il . * ■ 1 4 -"!% 274 58 1 Petroleum Diamond • Iron 2274 Stores Drug Weinberger •, Worksi—_ Motor. ! • 27# 1074 3> - 5974 7# : . 1 450 . , r 2 3 74 1,261 9% 9% Mar 5 Aug 40 Jan May 20 Nov Apr ; ' 12 Jan '5 Feb Feb Jun 1474 Mar Dec 19 1374 July17# Aug 1% May . 36 • .. 17# 1 % 200 1%: 1% 103 . 6%' 50 :lL— , . Jun ;.J74 Jan Feb 2 Feb 3% - Nov 27% 27% 80c 84c Firestone Tire & 6 , : , ■■ 10 , May Jan 60 174 •• 9% 12 29 % 21: 215 ; 574, .i 5.74 Nov Nov Jan Aug Jan General Electric Glidden •15% __i^. .10 -,4V •' ;';'-• 20V4 Co common__i— .10 Interlake Iron N Y Ohio Central Oil — — S —* t«« — 5" Dec 87-4 Mar 100 ,: For — !_L & Door__-_————_* footnotes see page 2215. Jj. 30% 320 ■ . • - 14% 34% 5% 10% 1174 e" 14' ■ - * Steel 22 74 11% 1374 1074 '• - 150 16 1474 33% 5% 1074 __ . Steel Younstown 20 ■ - 34 common——* RR common-.,.; y - * Republic Steel common—* U 3074 common.————ii—* Industrial Rayon common__i__— 33 1% Nov Dec 574 37# Feb 665 174 400 2 Mar 200 47c Jan 600 75c Jan 4% 474 4% 75c 75c 75c Jan Apr 374 4% Oct Oct 1.00 1% Nov 1% 4 174 550 j. '/a Jan 1 % Jar. 4 74 4 % 300 2% Jan 47a Nov inclusive, compiled from official sales lists Friday Range Loio par —1 ——2 Company^. Corp— 46 74 J 2874 4 7 74 29 - >' - - Steel 774 15 605 1,860 Creameries 895 116 186 150 234 216 309 1 62 65 — —1 America of 245 50 260 46 74 Jan 19% 474 19% 474 1,000 120 ; 200 4 Jun 17% Apr 2.45 Mar 18 -- Motors Paint Corp Gladding Goodyear Tire & Corp :_ —_—;«i. —10 1 Co Corp— Petroleum 5 774 9774c 7c 35c Companyi—_—1, 1.00 ; 7c ,■ ■ ■ __i. —i. 974 Sep ; .*i Pacific Clay Products.. Pacific Finance 35c Jun July Feb , 6 95c 25c Dec Oct 68% Dec Oct 7 Oct 23 474 Gas & Corp , common_______10 Electric common——25 • '* 23% Y ''. 4,4 1374 13% Feb 395 - ; Dec 44 Dec 5% 874 1274 Oct ~17 Feb .. Dec 774 Jan 8 Nov 1.90 Jan 8c Dec 40c 17a 28 874 4 Apr Mar Dec Jan 1° 6 Aur Apr Juneau Cardinal Zenda Gold Mng 10 Co.., Mammoth Cons Mng Co__ Gold Gold 10c Mining Co Mining Company : 1 _1 — lc 74c al%c 3 lc %c ale 3 lc 74c 174c 320 1.000 5,500 1,100 1 74 lc 74c lc Apr Nov Dec Dec Oct Oct 32 % Nov 1474 Dec 274 44 874 27c Oct Dec Jan Nov 18 • Dec 24 May Mining Stocks— Black 40 25c Mar Jun 18% Apr Nov 28 74 1.15 .Tun 34% Jun 674 Apr Mar Feb Nov 25% 22 ,4 Apr If1/2 Peb Aor Jan' 20% Jan 32% May Jun Jan 574 25 Jun Feb 23 3% Jan Jun Dec — Dec 3174 6 /* Jan 16 Apr 10% 14 1 .■i 2% •355, 247# 23 10 A Jan 24% Jun 120 450 Dec 64 Apr 3,800 Dec 20 Apr Sep 6e Jan 2074 17 May 57-4 Oct 15 74 May 1 Jan 74 8 15 674 Mar v 1174 Jan , Nov 2 Nov 6^4 3,575 2374 24 854 5% 1st preferred _! _25 30 30 30 264 Pacific Indemnity Co 10 43774 38 300 Pacific Lighting Corn rnm • 32».;. 31% 32 1.673 Pacific Public Serv. 1st pfd—1474 1474 1474 % 106 Republic Petroleum Co. common _1 '1.90 y 1.90 1.90 8u0 574% preferred : 50 -4 43'% 44 150 Richfield Oil Corp common—J l*--i-'f f-1% 7 7% ■ 1,508 Warrants ' 25c 25c 300 Shell Union Oil Corp ' 15 _i' 1774 18 391 •Signal Oil & Gas Co class A—i— * " : ' 22 22' 100 Solar Aircraft Company —1 1 2 174 2 200 Sontag Drug Stores 1 _i_* 374 3% 3% 360 Southern California Edison Co Ltd 25 19% 1974 2074 2,613 6% preferred B__ 25 29% 2974 372 5%% preferred C„_ _25 27% 27% 2774 386' Southern Pacific Co 1 ——_„—* ■ 1574 14% 16 2,345 Standard Oil Co of California * 28 27 28 1,483 Sunray Oil Corporation——1 ; '174 1741 200 Superior Oil Company (The)—I.i-__25 __ 48 48 191 Taylor Milling Corp_-_.——_—i_—_* 9 874 9 310 Transamerica Corp ,—2 674 574 674 9,437 Union Oil of California— ?*■ 15 14% 15 2,354 Universal Consolidated Oil 10 9 9 9 133 Pacific Alaska 13%Sep 53% 335 31% 374 2,500 ■. 7c 29c •' 210 8 00 1,2 1 5 774 1 ' ; — " 560 7 17 74 1774 1.00 —_—1 6 74 1674 ': ' — Investment Co Mfg — —31% —1' 7 7 A_! Co__ Angeles Menasco Co—1——-* Rubber Aircraft Occidental - common—4% «fc Co_——i-~——y 8% Hancock Oil Co common Lockheed 44 —10 Corp McBean Lane-Wells — common., " 72 30 1.298 800 :j 470 a5574 5774 385 395 4274 44 474 474 874 874 23 2474 3174 31% Aircraft Company—————* f— Bank. 100 y Douglas Farmers & Merchants Nat'l General •- SeD 37a 17. . Jun 9% May 66 74 5 74 20% 18% 68 74 6 V# 6 1974 . High 2.20 574 Apr 10 Jan 68 % * * Corp.— January 1 1.35 July 2.20 May 1.15 Dec 1,370 700 5,923 20% 1.25 ; Range Since Low Shares 7% 143/4 . 5 ; High 1.65 1-70 " 374 374 1.15 1.25 1.70 50c Inc— for Week of Puces Sale Price V Sales Week's Last __ ' 300 ■ 127:4 -12% Y-v/ ._;io Rubber 103 374 374 Dec Apr 65c 1.450 Feb 174 Mar Aug 2374 May 200 27% 80c — Unlisted— Addressograph-Mul; common Yii 174 Jan 274 Mar 157 b Dec 95 75 103 Aug 10 Jan 2 74 Apr 1 % 700 1,440 Feb Nov 134 Jun 174 210 2 7a 10% — 50 , 9 - Aug 3 74 380 ; 6 74 : Sep 9 1.042 7935 i.250 - 7 - ' — 174 300 17 a Feb 6 74 1.00 Apr Mar 56c 100 17 Oct 5 1,065 6 1% 103 14% 240 16% 87c Dec 2J Apr ■ Feb 10 ■' 411 y; --1% 22 74 . . 1974 Angeles Stock Exchange Corp Oceanic Oil 37% 17 v 130 V 1074 .1074 Bros. Dorn - '/ 674 "•■4, Patterson-Sargent Richroan <• ' - 1014% . 14-y Refining Nnfional White . common—.1 3 , ;r> preferred 6%_4._ —2 . •— /• National Van - Paving -Brick——_i-__-JiLl_v. Metro : 10 —_;V 103% 374 Machine •„— *%7y 18 'v'Yv : 18 y.;' 18 ' 52 Kelly Island Lime & Tr.„—i„k'- —• 9 . 9%% . 720 Lam son & Sessions-._-i-___-i___——__® y.-i-t: 3% • 3% -- ,'200 —. Sep Feb 30 336 ; Jaeger McKay Machine Aug 737 29 10 7# XX.: —4 ,y.- Accessories Aircraft Los Mar 33-"May 102 6 100 5 ■ 30% 30%; >- 15% '. • ■ 140 ■-.X': * Co Ilarbaucr 24% ?:r 2474 -i'_ Preferred Hanna • \'*yc4-.r ■■'•■zS&L Oct 274 1% ' —'• 1 STOCKS— ' Rubber Faultless 3 Dec 5% 2~T4 to Dec. 18 both 12 i-"... Blue 1174 Nov v. 273 60.% ■ - 35 74 * K \\ •- Mfg Elect. 67 b Jan 174 87c ,'V."V: General 200 % ' Eaton Nov Apr 2 16 74 -1 common . 834 4 loo ; : 974 1074 ! r 474 4UJ 975 16% * common.—iL:— Los Chrysler 574 July 392 1074 _i—;— common—i. *1- C Jan 1,340 174 ••' 1% GOc 200 574 2874 v Oct Jan Aug 174 550 1% 61c 2 7# May 1% ——_— Dec. Bandini Range Since January I 120 ; 2%; 4 2 % 60744 • 1,900 2% 2% ———274' Screw Products common Jan Low 10% :'-.,T274 . '" Oct 11 2 74 28% A_—' Aircraft • Jan 1074 2% 5% 2% * common... — Radiator Warner Wayne 1,900 1 Prod————— _1 Metal Cooler B 200 15c — ;—1 Rickel (HW) common———2 River Raisin Paper common.———0 Scotten-Dillon common-..—.——10 Standard Tube class B common——1 Stearns (Fred'k) preferred— _100 Timken-Detroit Axle common.——10 Tivoli Brewing common..—.— _1 United Specialties —1 Universal 52c 13c 6 Invest Prudential 1% 50c Wolverine Peninsular 47# ' 15c common.;——— Proof-- Parker Y ■■ ■ ——— Preferred 200 187# 10 18% 0 Ice & FuelClark Controller —■' Cleveland Builders Realtyiiiiiiiii 4 ——— _____ Motor Consolidated Shares J 6%.- 674 - :V'., 4% July 100 300 10 107# ——1 common.-______—'* 10 Feb 80c 10 74 4 -. Nov 10 74 ■" 1074 Xx Jan 17 a May 56c Xx 3,100 Dec 2 74 17# July 400 Sep 44 Jan 30% 967 1% Oct 17a 174 May 100 1% 44 Jun 83 c Department Store Inc_—L-* 774 Byron Jackson Company——— California Packing Corp common.—_* 7-Y Central Investment Corp————_100 — High Low Par Body__iii'i-i-4 i'U_5 Brewing Corp. of America is. i—_3 177# 82c ■ ■. Jan Apr 2 174" 1 1 common— Products. Murray Corp Nov for Week Range American Coach & 474 Aug l3n 44 .. Mar 2 XXl' Michigan Die Casting. 474 Sales Week's Friday STOCKS- Jan 1774 ———1 —— — Oil Screw 43 74 Aug 3274 May; :• compiled from official sales lists Dec. 18 both inclusive, 14 78c • Jan Cleveland Stock Exchange to Aug 5,200 Broadway Dec.'1-2 1174 DdC 58c 3 74- __i common Apr 11% XX- - Oct 97a 6% Mar 15c 27# Brewing common——— Graham-Paige , 400 11% • 2 1 1 Grand Valley Brewing—,— 1 Hall Lamp ——5 Hoskins Mfg ——.——2 74 Houdaille Hershey B——_——i_* Hudson Motor Car——r—— * Kingston Products common—— 1 Goebel 530 17% common—„_—3 Finance common,....—; 1 Motors common——————10 General 200 74 3% Industries Wood 1% 9 50c 500 ' 1 1 common- 50c 50c common—10 20 Nuv Detroit-Michigan Stove Prankenmuth Brewing 1074 Aug July 30 397 36 74 • 3 9% Jan 12 Mar 1 1,351 374 '-:r: 9 10. 1,892 2 * ' Bearing— Roller Timken 43% _____—Y— X Brands Standard 1074 17# i% — Feb 300 Oct 4 974 May 691 1074 10% '— Aug 4% 4 1% — , Rolling Mill American 57# 77a 974 . Columbia Gas ^ 1% 1 3074 Mar 25% May 100 28 28 —- City Ice & Fuel— Jitn 5 2174 ° — Jan 0 25 1 100 ' Adding Burroughs Feb 300 4 7H —1 High 1% v5% • Machine.——Li-.* Burry Biscuit common——12 74c Consolidated Paper ———10 Mfg McLaren Brown Dec V2% 10 5 common— Rubber common———, Baldwin : Oct 2 74 — Printing——— Apr 49 5 # 4.'."';' \V v,.. ———-—— .".V- 1 Dec 35 May 2% 49% —— Card. Playing July % « V:l. Dec 18 - 4874 ■« V- Feb Mar 1 20 i", 1 1 1% :w Jan 115 Dec 45 ; 874 , Dec 35 — , 27% Oct 29% 674 May . 70 18 26% common—— • 145 77s 28 115 Pumps Procter & Gamble Nov 3,649 7# May.- 115 J3 National Jan Nov 5% 774 —s„ Leonard 974 9% 8% 27 74 A——... Oct Jan ,-■11 6%'May 40 18 • 9% Nov 5% / XX '■ —- • Jan 6 7% 100 — 574 57% 32 7 27% t Kroger Jan 59'/a > 274 — class Hobart 95 8174 July : 623 V • 8 . ' a Formica July 83 8% ' Early <fe Daniel.. - 6 83% — Preferred Jan 3 _____ Eagle-Picher Aug 94 ' 4 -;v0 Drug Nov Nov 8 7 • Crystal Tissue Dow 1874 10074 50 874 — — Apr 4 X-. •• 0 Crosiey Dec 1474 100 8% 59 74' 0 . Sep 28% 4 81% __ 29 18 1874 874; Jan 2% 174 July 5 Oct 200 29 ' ■ 100 _ Cincinnati Un Stock . Apr 674 Aug 91 Dec 88 50 ■ 100 100 Electric pid— Cincinnati Gas & Cincinnati Street . I5/# 1874 ^. _ —— Cincinnati Advertising Dec 29 : Paper & Fibre.. 22 Jin 5 "174 Carthage Mills class B..— Champ 19 54 88 88 j- a - ___ 246 5% 5 Preferred High Low 2074 2074 20 3 n -v 8 Baldwin 1 Range Since January High Low. Par Forge Drop Masco Shares of Prices;!* Sale Price STOCKS— Atlas Low High 174 174 1 Equip——— <te McClanahan for Week Range Elec Kinsel Sales ' Low Range Since January 1 Shares ——— from official sales lists compiled inclusive, r Allen for Week Range of Prices Par Jan . Cincinnati Stock Exchange ; Last Sale Price Nov 3%. Apr Sales Week's Friday Oct .'y 874 Mar. inclusive, compiled from official sales lists to Dec. 18 both Dec. 12 Jan 4% - ——1 & Coach class B Yellow Truck Detroit Stock Exchange Jan 4 62 74 Apr. - 2074 .680 5% i:y%5%. 5% 26 >. • 24% 267'# 127# x!2 % 12%' ^1' -10 Studebaker Corp common Feb '5% Nov 2% Mar 604 , common—1 . 17% Nash-Kelvinator Corp———— 5 y-_'^y • New York Central RR capital.———10% Paramount Pictures common.ij.——1 17% Pullman Inc capital————— * yi_ • 26% Pure Oil Co (The) common—11 11 Radio Corp of America common...—:• 4%'V;vV-»4y+- 4%-; Republic Steel Corp common——-—„*v - 14%. 13%. 14% Standard Brands common.....ii.--.-a*v %4% y'V3% 4 4% Standard Oil of New Jersey capital—25 45% 43% 45%. Co L) Martin-(Glenn Jan 2% . 2% July 40 1,800 \v ,6% i 6% 297a .-■■■, 2974 * : Corp common————* Intel-lake Iron ■674 Dec :.i*,i : Aug 4 % Mar .784 ■ '5% 6% 24%: 25% 44%. 47%' -54 . 56% ■ 81 74 63 %, Apr • Telephone: Randolph 5530 STOCKS- ■"}: >•%' 6% ' 25% 46%. * Anaconda Copper Mining—L—..„—50 Atchison Topeka & Santa Fe^corn—100 Bethlehem Steel Corp common-.i_2._L_* Radiator 8i St Sari com- DETROIT Ford Building Nov 23'/a -2,225 18% '2074 Stocks— Unlisted American ■ V , Associate Dec 2074 500 4 4 Curb York Chicago Stock Exchange Stock Exchange Detroit Jan Jan , capital——: Corp common—ii'L New Dec 55% 1197# - . Mach 18% „ Jun 1% . Yates-Amer Apr Members Exchange York Stock New Dec 44% May • - 63 % 10774 v ■ , May 77/a ■ Feb 15% Dec 79% Dec ■ y Apr Watling, Lerchen & Co. Dec 10 8% Mar 4 598 »> v,,y61Mj 63 Var 500 Transp capital—5 18Vs 17% 18% 2.200 U S Steel common. * 49 46% 4974 334 1 7 4 cumulative preferred——100 108% 10974 750 Utah Radio Products common——1 1% 1% Wuigreen Co common——.—20% 19% 20% ,,.7 -770 15'' Wayne Pump Co capital—— 1 -4 17% 17%/' 140 •Western. Union Tel common—,,——100.;_v 26 ,26% , ■r y ■ 285 Westinghouse Eiec & Mfg common—50 —' , i: 77 787b .350 Wieboldt Stores Inc common —* , '."4'% . 4%: -.300 Williams Oii-O-Matic common———i* 1% ,'':1% " 1% . 2,800 Wisconsin Bankshares common—'— — 5% 5% • 574 500 Woodall Industries common^— c—3% 274 ,-3% ■ /•; 275 Wriglcy (Wm Jr) Co capital—4—*—* ' 56%, 56% common-—__—.—20 Gypsum Co United Air Lines U 29 % Apr 7% , 50 :• High ,-l 30% 5 : 504 >,'774 >.7%r 15 '4 15 74 .j -A 7% Carbon capital——* & Low 19 % Mar 1,005 28% 9% 25 Thompson ( J R) common-———'~—2 Trane Co (The ) common ,--— —25/ Transcon & West Air Lines-—.—_——5 Texas Range Since January 1 - , High 27% 28 15 capitalcapital—— International Shares of Prices For: Swiff, Sales for Week -Range Sale Price " • . Week's I.ast ,•> STOCKS— Jan 27^ 574 21 2974 Feb Feb Nov Dec 2774 Dec 18 Nov 28% Oct 2% Sep 48 74 Oct 10% Apr 674 Dec 15 74 9 3 Oct Dec Dec 6c Jan 4c July 5c Sep THE COMMERCIAL & FINANCIAL CHRONICLE 2212 Monday, December 21; 1942 OTHER STOCK EXCHANGES Last Sale Price STOCKS— Low Std & a36% 100 American Tel & Tel Co— Copper Mining Anaconda Co_ —5 (111)-——. Co & a 36% 80 615 855 24 3 a44% 19% a 18% 19% a a2% all% —5 a 12% Bendix Aviation Corp__— —5 _ Corp Borg-Warner Pacific Canadian . Co——— Cities Service Company Columbia & Commercial Elec :io Commonwealth & Power & General Foods Goodrich Int'l 33% Mar 2*4 July 314 1 Va May 2% Nov alO 50 8% Mar 9% Oct of Loew's —— American North Motor Paramount Pennsylvania Oil Co Studebaker Tide United Corp U • Oil May 2% 14% Mar 17% Oct Jun 25% Nov 8% Mar 10% Dec 4% Nov 2 175 112 20 293 239 Oct 4% 1,755 2% Feb 14% 842 13 % Jun 17% Mar 60% 60 Va 183 44 Apr 58% 10 4% 4 4 a44 Va 45 >4 514 Oct 5 Dec 5% Dec 5% 75 4 Va Sep 6 Va Nov alVo 67 1 Va Apr 1 Va Apr 40% 405 Mar 40% 9V4 381 18% 18 _5 4 Jun 62% Mar 77 157 8% Mar 24% 24% 10 47 24% 305 Burkart Manufacturing commonPreferred Century Electric Coca-Cola Dr. General common Shoe Griesedieck-West International Co Shoe common 22% 640 4% May 50 70% July 100 l*/2 Mar 8% 78% 2 2 16 Va American Tel • Barber (EG) Wheel — Chrysler Corp Curtis Pub Co Prior preferred Hojth : National Candy 2nd 4 common _u_ preferred Securities Inv Sterling common Alum Stix Baer & Fuller Steel 1st rntge 5s 4 A. ■ 2nd Salt preferred Oil Dome Scott —— High 9% Jan 12 Vb Feb 101% Apr 134 Va Jan 68 % Dec California. Packing Corp common- 1% 1% 1% 20% Dec Carson Hill Gold Min .4 4.6A2 % Feb 4 Oct 17% 18% 12'4 Jun 32% 298 28% Apr 34% Nov 1,446 "29% Jan 44 V8 Dec Commonwealth 24% • ' 21% 36 27 Va Apr •5 Jan .Jan 2,249 3% Dec 2% 38 2V4 Jun 2V4 935 1% Apr 443/-v 3% 3% 1,907 2% May 4V< Oct 21% 23% 2,567 ■ A -1 Investment Transit United Corp pfd— Corp .25 S3 preferred United Gas Improvement $5 preferred 4A Dec Electrical Nov Emporium A ,4 23% Sep 1% July 3% Jan 39% Dec 25% Apr 43 Vb Apr Westmoreland Inc Westmoreland 13% 4% ; :(r 55% Jan -v_-_. .10; 13% '4, < A Jun u Oct 3% Jan II Oct July 11 29,077 Jan 16% Jan Jun 5% Jan 273 92 13 ' 13% 260 10% Jan 13% Nov 20 200 15% Jun 24% Oct ,/ 20 ' 20 -4 Ar Mar 88 35 99% 103% 103% Coal __4 1,505 327 5 Jun Va Mai- 14% ■' 20 1,090 3*% "■ Mar 106%. Jan Products 1_ Corp 10 Vb 2.25 Oil Honolulu Corp Brothers Hunt Hutchinson 7% 13 Sugar 40 Libby McNeill & 4 .4,'1 (v ,"44/ ■'■'■/i .'V.,/.; .• ■;STOCKS— ■„ :T:'V;:4;;,4, i .y4:4'•■■4' Phr\ Auto 1 common—— 4_. "-v ..-4 4 ,43% 43% 4% 4%- f (A M )_•—•— * -9% ; Clark,"(D L) Candy-L.„^.r.—4 Columbia Gas .& Electric— •• Copperweld Steel.— _4_; Fort Pitt Brewing—4— Harbison Home Lone Walker (Jos) Refrac common ..4 Fuel Supply National Fireproofing Corp com Pittsburgh Brewing common— Preferred 1 * — * . 1% 9% 5%. 5% 'y,.; 1V2 2 9% *. 8v4 2V4 100 " 1% ! 100 12% 12% 7% 1,422 5% 534 6 25c . —,4_ 25c 1- : 1,079 1,500 Mar Apr 84 3% 4 415 Mining.——; Vanadium Westinghouse F^r Air footnotes 2% . Brake page _* 2flo. lc 62 II i Jan 221 55% Feb 500 3% Aug lc Jan 75c 7V4 10% 7 Dec Jan Nov Jan 2% Nov 4% Jan Feb Occidental Insurance Sep Occidental l'a Jan O'Connor 16% Jan Oliver 19 .Feb 6% 1% 30 1% 84 5% 2c y 53'/a 53 53 Va 15% 15 Va 1 7 7 6% • Jan Pacific Gas & Electric Co common—25 Jan Jan Jan Dec Jan Jan 1% July 3 9 9% 33 100 32 May 34% Mar 15% 742 14 May 19% . Mar Dec Feb 6Vo —25 25 • 1st preferred—. 1st preferred..— Pacific Light Corp common 5V\% $5 1st preferred Pac Tel Paraffine & Tel Co's v common.. Pig'n Whistle preferred Puget Sound P & T common— Sep Nov Nov 72 Dec Apr 40 Dec * 5% ; 6 1.15 1.00, 22 22 ■ '/ 23 6% 63 4 31 . 1% 6% 31%. . 32 * 95c 7234 Jan Oct 16 . 40 100 31% 32 103 3% 3% 7% Oct Dec 38 14% 1[ • 6 Va 6 3% 6% 490 Ij 3,2o3 Dec NOV Apr 24 Vb • Dec 30% Oct 27 Vb Nov Apr 34 Nov Mar 103 11 Mar 72 ' Apr, Dec 3% Dec 14% NOV 101 Jan 22% Mar 1.50 Jan 37% Dec 3% Dec Dec I53k Jan 6 | Mar 2% Mar ; 483 % Dec 8% 2.90 90 210 jj" ' 221 36% 3 6J Jan 22 j| !! 92 % "3% Nov Feb 22% 91 * Dec 5 % 15% 2,034 36% 92 * 4 Oct 12% • 24% Mar 14% 100 12c Jan 73/b July (4 415.4 890 NOV 1.35 . 1,312 30 27% Feb Nov 31% 5c 3,116.' 29% Nov 9 Vb Oct 5% t 24 Va 23 Jan 5V4 20% May 1 486': 1,035 j 674 • 23 May 3% May 8% Jan 1.25 Jan 90c 66; .. . 6% May 6 Vb SCD 1.90 Aug 3 4% f 3t'; 103 ~3% 5Va Jan 746-f 27% - 2.20 Jan 4% 2.55 7V2 -Dec y , 15 11% 6 Va 8% Jan 12% Aug 7c 2.45 Feb Jan 24'/a /■*; 4 Jan / 5Vb 102 4% "4% 3 31% r,\ , Dec May 83 90- 420 Jun Feb Dec 67/8 :":,/ Jan 7c 7c 7% 4 Apr 37/b Dec 10% , Mar 90r. Dec 15% 415 V» May 5%. Jun 197% Julv 53 Vb - May ,/'/ . 4.- 4 Dec July 14 4 ; Jun 24 ; 793 .4 1,198 Jun Jan 9 14 : ■ , Jun 5V» 5 300) 4% . 1.60 , 3,450: 1.00 6 6V2 Apr 4v; Mar Jun ;• Feb 43% Dec / Mar 437, 4% t : 10 400 ; 14 96c '■ 6 Oct 16% Jan 33 380 :4 4 1.10 Nov 8Vb Mar 615/ '4/4' 87 13% 14 8V2 3 Va / y 210 5% 87, 30 4 Aug 31% 3,600 ' 5 |7;;/ 40c ! 22,530 / 2%; 17 28% 275 r 23% 4 , 8 Vb Mar 30,0 . '7% 7 % 1.60 4/ 1.60 / 4 — common.— 66% Jan 6 321. . 27% 4 .4% /) * div Pacific Pub Serv common—— Sep 632 i 4 6% 27% 5 Aggregates— 5 Dec 38 260 4 2% 47a 5 Nov common.- May 970y. ; 10% 6% ———_—15 Plant Fisheries 32 7'% Mar Jan 11% " Coast 245 15 Paauhau Sugaf B— Amer 1,285 15% class 15% 500 13% class AA—— Filters Pacific 2 3'4 33 Moffatt United Pacific 10% Nov 70c 10 —-—1 Co Petroleum July 635 13 Fibres Auto 9% 9% Z_ common--.:—.1 Natomas Company 4—1 16 4N American Invest common.———100 5%% preferredt—— ——100 North American Oil Cons—4——10 National 2% 2% Dec ■4// Preferred 100 March Calculating Machine— 5 Menasco Manufacturing Co common--1 7% 12 1,150 : 1.06 Mar ,4 4.55 / 43% 12% nr. 2.50 Mar .r/ 5% 5 400 8% Magnin & Co (I) common— 117b 9% r 100 Alloys Steel. 1% lc 1 Dec I 80% preferred.. Apr 23 4 Toy 4% 25c 100 84 64 Dec 6% Mar 121 25 Shamrock Oil & Gas common.— 12% - Apr 1 Pittsburgh Plate Glass— San 8% Jun 714 July 1;34 Jan 1% Apr 28 28 Corp .Apr 12% 400 7% 1 % Bolt - Apr % Sep ; 500 , ZZ & - 40 1% 13 3b . 5 Sep 6% Mar 4: 864 2,562 ZI-.5 Screw ; 53 Pittsburgh Oil & Gas— Pitts :/45c : 350 4 »' .4.4; ^ 9 13 ; ,_.io » 301 6% 2>/4 <• Star Gas Mountain ; Common 100 75c 5% 8% „/ ° 4, :v ;4 . 80 9% .5 Products 1% ——10 Duquesne Brewing Electric " 75c ; Range Since January 1 Low High 16% May 22% Jan High - — Oct 2. 100 617' 11% .17 Magnavox Co., Ltd.—w———-i Shares 17%.: 17% ,4 " 6% Blaw-Knox Co Byers :4.. Corp Lyons-Magnus class A___.—L-L-: for Week of Prices Low -4 :' * * Lockheed Aircraft Sales >/. Range Sale Price Allegheny Ludlum Steel—.— Finance Week's Friday rV'' 44 .4-''Last Libby——'—7 Nov 75C 10 9 Vi - Jan 41V< 262 _ Dec. 12 to Dec. 18 both inclusive, compiled from official sales lists Sep 88 15% Jan 40 75c Langendorf Utd Bk class B ■—_* Co.JA—-i_i^_I0 'V. 12 Mar 76% Mar 100: 72 39% v Leslie Salt ' 10 - Jan ' 15 Plantation.-, Nov . 280 5% 71 75c 10 10 ^ 3 Va 2% Mar 820' , 4 15 % : NOV 350 36 5% 71% 4 4 13 35 10 common Preferred Jan 23 V4 Apr ,102 250, 13% capital-^. capitals 2.00 ,23Vt 18 4,865 7 7% 0 Jan Aug 500 ' 2.30 6% 7% Ltd— Pine. Co Home F & M Ins Co 41% Apr Oct May 351 : 7 :•■■■( 50 —5 Fireman's Fund Ins Co ——10 Food Machine Corp common———,—10 Foster & Kleiser common ,—2% Galland Merc Laundry "■ General Motors Corp common—10 Geni Paint Corp common * Gladding McBean & Co— Golden State Co, Ltd— Hawaiian Jan 10c Nov 251 38 Equip Co— Der & Sep 4' 21% 18% May 60c " 79% (ww) Preferred Emsco Nov 351 " V. "4 10% 78% Va 5% 35 " 4 Capwell Co. common— 30 4,100 95c 34%. __4-v——^ Oil Works-—-———-A Dorado 403 ' 10% « 14% 20 % May 26 : % :1 4 90c Di 16 Apr 39% 4c Dec " 3 , Jun Jun 16% Mar „ 3% - Mar 4 25 4, 2,300 5c 78% 5 Pref.erred 7% May 11% 810 A/Yf//: Vb 4% 4;// 23 10 "A .. ;Z—1:',- 3% Creameries of Amer Inc common-- El 23%; '"4 4 372 2% '4:VV 50 38% ;r":; 102 50 % ',10 4;',/: % 37% ' ;; 90c >• 3% Nov 30 4 22% .7 5c 90c • Oct Dec 15 Feb 44 141684 , Feb Jah 1.60 2 Vb Mar 788 21 Va 5c // - 7% 103% May 10 1,257 44 3% 3% Jan , 4,4: 124 20 % — Nov 18% 1.25 85c - Dec ,/8% Nov/ Apr ,85 - Oct July Jun 5% . 4 4% : ' Apr ./ 21% A 26 13% 14% * common ' 6% ,4:4" 320, A. 300 21% Ind class Chem Cons. 117 14% ■V.:-4,/,/,-;..' '■, • . 9c 3% 15 20%. Jun 22% 4" -4. « common ''a Dec 1.65 27% 21 2c 4:4;. 482 26% 4' 3 Vb 190 6% 4 /;'S Apr 900.. 1.50 ,.1.25 4 High 2.20 1% 300, 8% 3% : Range Since January 1 1.35 July 100 4 20% 110% Mar 11% :.. -i-—. Oct 85V3 Mar Low Edison ——4———25 30 13% participating——-^4- Nov 94 Jan 77% July 2,600 ..v. 102 14% 3% Giorgio Fruit Corp preferred—4100 Doernbecher Manufacturing Co *. 823 50 % Apr 26 4>,; Sales .4v a Jan 4V4 2 >4 : 1.50 15 '' Caterpillar Tractor Co commonCentral Eureka Mining Co commo:nZZl 44% Sun Oil ——,——— 82 Shares 3 Va 6% : 42 Va Tacony-Palmyra BridgeClass capital—:.— -Zi 31% 38% Jun 8% July for Week 2c 99 % 1.50 fc# 17 3b 123 8% 99 ,-i.-A'44' /» ' • 2c 5 Byron Jackson Co_. !ZZ2O Calamba Sugar common ; Calaveras Cement Co common— Jan 38% Nov 21 / / Feb 7% :/'/ Feb Dec Exchange 1.75 3 Vb 4 "•') 8% —2 44 Va 2% 476 ' ——— ..322 .. L15V? 115% Paper:———* Tonopah Mining 4 : ' 2c —8U Bank of California N A—— Bishop Oil Co_ ■ . .—20 68% 24 '■ 1 Amer 65% .—1 Corp 5 6 • Dec 21 18% July 100 172 . High 1.70 1.75 ^ .—10 Co—— Min Corp Anglo Calif National Bank Atlas Imp Diesel Engine 748 44" Low ; -50c — Calif Art Tile class A.— 22% '/ 10 of Prices Par Accessories California Ink Co capital— 3% —50 25 ■ 20 Range Last Sale Price Oct 14% 9% Jan Week's Friday ;4.44v: ■: Jan —50 — Aug V 104 inclusive, compiled from official sales lists v-.v.',"' Nov common 6 /: .. San Francisco Stock Dec. 12 to Dec. 18 both IV2 <-v-—. Corp Reading RR 6% 1,000 3% 22% Nov : $15,000 12 Va .—3 Philco, 5% 83% Sep Pennsylvania RR——— 4-: —50 Phila Elec Co. 4.4% preferred— ._100 Dec 125 6% 7 :. : 91% 6% Mar . Jan 14% 1 Feb 91% 2 Vb May 33e 17 Feb Jan 83% 5% IZZi May 15% Mar Dec 9 V'a 25 3s 14 % Dec 9Vu 12 - 100% Vyy 1959 Bonds—• Sep 20 24% 247« Oct Apr 8% 533 // 6 ..":/ 6 6% ; 6% —15 17 Jan Apr 14 20 10 common common Sep 12% y ■ 80 •: 5% 104 13% 104 1 / 45 9% 6V2 Dec 6 485.::: 12% Dec 4% V 60 v 1941 Electric Wagner Anglo 441 12% A 1% 8 13%/' 13% 13% Feb 32 May 4 Va 14% 9% 4% July ■■■ 1414 25 12% 12% 7% Mar Oct 26 555;>,. 255 : 8 * — common * 4% 4% 14% 14% O _ 'A Ai, , 2% Mar 4% 7 130 V 28 r. 6% • 4% Scullin 1,346 . 27 Va 48 172 6% 6% Lehigh Coal & Navigation——-. —50 Lehigh Valley RR 3 Dry Goods common Steel common.———il—4-*' Alaska Juneau Gold Min lists Low 12% 24% 2% Rice-Stix 3% common. National Power & Light Pennroad Corp voting trust ctfs— "2% iioo -4— 6% ' 10 100 ^ 43% ■ r~ 6% • July 4% ;; 50 6% "Z25 corn- 32% >.. ——— (N Y) Dec 12 690 - c Piping & Sply common- National Bearing Metals common- 3 1% ■ Motors— & Hardart 11% 67% ; common— E%ctric Storage Battery General 5 — ___— Apr 48 48 - 50 \ 4% 48 ..25 4/4- Range Since January I Shares 125% 130 ■ 6 Dec 4% 4% ' High 12% Dec : Oct 2 for Week Range 12% tit'' / Dec 50 ; 27% common 3% _10 Mfg Co common.Co————1 Dec 16 ■■ 10 10 ..20 76% Nov Sales of Prices 126% Jan 10 7 VB 7% ■ .. 14% ;i4% r_.-' 6% Corp.-— Asphalt Budd Budd 100 8 Machine % Dec 8 Exchange Week's 12 - Tel— & 6% July 8% May Steel Aircraft Dec. 12 to Dec. 18 both inclusive, compiled from official sales American Stores- Nov 25. ■ ;STOCKS— Stock Low Dec 13 Landis Jan 7% Last 18'% 3% • Oct 55% a77% Par Sep May 7% Mar Laclede Cement May 3 10 20 I-Z5 Portland 4 25 — Midwest Feb Dec 32% Dec y 110 3% : Missouri Jan ! 18% Laclede-Christy Clay Prod common common 32 % 32; Jan 17 Dec 12% .12% JZ.<" IZ50 common 14 18 .—5 Hutting S & D common——4—4L-100 Hydraulic Pressed Brick preferred- Key ;//"/ High 7 33% July 200 ,, . 28 0 . 1936 95 4" ■' ;/•"' 4% Oct Oct Jan 45% May 50 Friday 32 V» common ' Scullin 35 -1 Sale Price 15 —1 4 Brew Hussman-Ligonier common St L Pub Serv 1,178 _5 STOCKS— //'. 15 'ZZ Zi *■'-4-yv . 29% 400• 1 Bottling' common—_4_ common Series 29 Vt 32% Pepper common——— Falstaff Brew Dec A 29% AY 4% —10 :_-4_— Qo Low High 4% —_1 Range Since January 1 Sham 47'b -44'_-_ . Dec 44 Mar 544 of Prices Low ...1 ,• common——— Jan 49 ' Shoe 34% Nov ; Sales •,v"'1 for Week Range Sale Price common 18l4 26 a24% 49 8 Vi Dec Feb 10 94 18 y4 Vi A."'"'% (Del)— Steel Corp— 31 78% 9 a78 Warner Bros Pictures Inc 43% 1 % 9% ~5 Brown Inv Exchange Week's- 4 Par American Jan 5 Apr 31% July 100 Dec Jan 39% 40% .10 Co 2% 326 5% a 25 Corp 780 10 13 Va- May a5% -1 _ • Nov 18% 6% Mar 50 4% a 210 14% 9% 10 ZZl — Westinghouse Elec & Manufacturing Willys-Overland Motors Inc— Dec 12 6% May 585 2% 16% .: Co 7 V 891 12 4 ——. (The) Rubber S U. S. Nov 16% al4% ——— Assoc Aircraft Aug 10% 10% — SLM3 inclusive, compiled from official sales lists), Last Jan 14 Lines Transport-— United Oct 13 % 23% Union Carbide & Carbon Corp— Air 12% Dec 10 4% -15 (The) Water Jun 9% 10% (New Jersey)— _25 Corp United 6% 385 23% a Superior Oil Corp (Del) Texas Corp 865 10% Webster Inc.— & Jan 200 10% 23 % -50 2.50 1.55 May 1% 10% y 11% a Railway Company Standard Dec Dec 9% :. Inc. NOV 15% 1% ) Standard Brands 44% Apr 33% 2% Socony-Vacuum Oil Co— 37% Feo 14% May 9% —1 i- Co— RR 6%, Nov 34% 25 V4. Mar 10 — ••• 135- — Inc Jan 26% May 366 10 both 18 Friday Oct 15% • Co 30 % 33% 10% Corporation of America—. Southern 493 33%- -5c Inc—-— Republic Steel Corp Sears, Roebuck & Co Stone 35 12 Car Pure Oil Co Radio 46% Oct Apr 2Va 155 23% 24% 229 V 15% Company— Pictures, 13% Mar 45 6% 33% Ohio Oil Company Packard NOV 28% 18 — Bell Teletype r Stock Dec. NOV Nov 6%- — "Y% Dec 30 28% -— Aviation ~T" 34% 26% to STOCKS- Apr 29% 13 Jan 9 Apr 29% St. y Decs. A Nov , Jun 22 VA a45Va RR Central American & ^un 6 24% 28% — Oct 70 34% a34Va — . Vi 641 y 30 29% . City Copper Co York New 29% Tel——„. Montgomery Ward & Co___ Mountain 100 38% .25 1V4 30 Corp McKesson & Robbins Inc.. North 225 a25% Copper Inc 956 1 % Canada..- International Tel & Kennecott % 6% 6% a34% Chicago Mercantile Exchange New York Curb Exchange Associate Oct 2,589 a207/s a20% Co———. Associate Member Phone CEntral 7600 Postal Long Distance Chicago Board of Trade Nov 7 3% 1% Corp-—. Co Jun 2 alO (B F) Co Nickel 4Va Members ' Chicago Stock Exch, Oct 50 y 11 Light Corp Electric General 27*4 - Feb Jan 80 1% -i. Class A/———— Elec 60 % 22 % 245 %. ii - Aug 53% Sep 50 39% Corp_ . Jan Jan 39 % 31 a2% 10 a Southern St. Louis Stock Exchange 4Va 73% 2 Corp Corp Nov 710 ' Curtiss-Wright New York Stock Exchange 11 Va 6% a3% Corp— Solvents Feb 8 % May a37% a39 Vb Tractor Gas 18% Mar a70% 100 Co I) Caterpillar 1923 Olive St.. ST. LOUIS 705 13% a6Va .25 Co—c— Ry Established Oct 53 Jan Edward D. Jones & Co. 10 Va July 125 &27 a27 a27 Jan 14% May 2% Jun 56 % 56 '/a 56% 1-5 ———. 3% 50 . 34% a32% a 33% Bethlehem Steel Corp,——— Oct 79 12 V0 ——— Oct Oct 28 Vi 177 12(4 Barnsdall Oil Co 2u 145 3Va -13 41% 130% Nov Apr 2V2 .122 47% Dec Sep 36% 580 3 Baldwin Locomotive Work v t c (J St. Louis Listed and Unlisted Securities High 6% Jan May 103 25% 25% 3 4 Va 1,033 13014 128 25% _50 Atchison, Topeka & Santa Fe Ry„. 100 Atlantic Refining Co (The)— Aviation Corp (The) (Del)-,—~— —3 Case Range Since January 1 Low 6% a6 Sanl Corp—,r-i Smelting & Ref Co——,—. Rad Armour Shares High Stocks— Unlisted Amer for Week of Prices Par Amer Sales Week's Range Friday "■ 2213 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4135 Volume 156 OTHER STOCK EXCHANGES Week's Range Friday Last , , of Prices Sale Price STOCKS— R E & R Ltd Co —* 100 common Preferred —— —■ . 1 Republic Petroleum Co common..'—..1 5%% preferred class A— —50 " Rayonier Incorp common-—.— Oil Richfield Warrants Corp -- 1.90 common— 15c common— Pacific Co it——— Southern 15c 3% 3% 15c Nov 15% 16 1,551 10% Jun 18%>.Nov M M 6 Feb 28Vi Oct Montgomery Ward & Co 21 New Union Union Sugar 96% 5% 6% Corp — — 2 Oil Co of California——25 Transamerlca 14% ... Co 10% Mar 23% 23% 2.40 2.40 9% 9% 15% 16% 2.80 2.80 slOO 244 40 821 100 ; 13% Mar May Apr Jun Feb 23% Oct 2.40 Dec 10 Dec 17% Sep 2.90 Dec 3% Apr 6% Dec iT —25 10 preferred—_10 Pipe & Steel Co——— — __ Unlisted— -* Tel ' - —14 25% ,, Hill Cal Pac — — 55c — Service Co 104% Apr 323 565 100 437 875 334 May May Jan 10 4,185 24 23% 3 1.15 29% 2% 31 30c May July Feb 2,165 8% Apr ale —10 — lc 80c — 80c a2% — .• 9% 9 * — common 1,087 9% Trading Corp common.:.-.._* Preferred Cities — __2% Sullivan—— & 295 a3l% 31% 24% 25% 3% 3% 1.65 1.70 46% 47% 2% 3 a32% 32% 47c 60c -i 50 Anglo Nat Corp class A common——* Argonaut Mining Co—— _5 Atchison Top & Santa Fe„—100 Aviation Corp of Del— ' —3 Bendix Aviation Corp— —--5 Blair & Co., Inc., capital——_ 1 Bunker 6% 126% 126% — Copper Mining-—-— . Packard Radio common-. Motor Inc Co capital —— Republic Steel Corp common— Riverside Cement Wall class Co Bd 50 3% 29% Dec 28% Jan 4 Jun 1.70 Dec 52% Oct 4% Jan 35% Oct Mar Jan 85c Nov 11% Jan 1.00 July 3% Nov Apr 60c 2% Aug 272 So Calif Edison Ltd So Cal Ed 5%% Brands Standard Oil Studebaker of United U S ' 24% Apr 33% Dec 1.40 May 7% May 2.60 Jan 12% 12% 290 10 1.25 44 121 2% 23% Feb 2% Oct Jun 25% Nov 27% Oct 4'/a Dec 4% 334 2% Feb 14% 425 13% Sep 4% Jun 6 5% 170 18% . 17 104 5% 9% 9% 20% 1,838 a28 28 a3% a5 __1 7% Sep 9% Dec 20% Jan 27% 30% 1 5% 15 150 262 325 80c 705 Jan 44% 1.75 47% 2.20 48 % May 1.75 Dec Jun 55% Jan 2.10 July 400 2.20 3% Jan 8% Dec 8c Apr 4% 8% 7% 8% 1,482 1 6c 6c 7c 2,300 4c 1,622 60c common. —_———_ Oct Jun 32% Jun 24% 5 — 5% 16 % Dec 13 25% 1.75 • —— 1 1.00 1.00 1.00 Dec Mar '/a 25% _5 common Dec Jan 45% Apr 4% 90 5 Mar 3 145 630 15 _5 Feb Apr Jan 6% May 15 24 4% 45% 44 45% 6% Mar 23 23% May 960 19% Oct 16 Oct 4'% 622 5% 5% 19% Dec Nov 2 4% * 1.50 47 19 57 14% 18% Oct 14 Jan Jun 23% July 436 26 1.15 Dec 38 125 23 25% 10% Apr 9% Mar . 90 44 Oct 13% Jan May 6% 1.25 __25 Nov 750 282 a2% Jan Mar 10c 175 a Dec 24 Apr 9% 23% 36% May 508 32% 1.75 12 Dec Nov 6% 5c 10% common Co 1,600 9% 12% 30% Jan 2% a9% Co——__. Sugar Preferred 32% preferred Petroleum Westates 8c 1.70 ' Corp common.: Petroleum 20 10% 25 J—— United States Steel Utah-Idaho 27% 160 6c * Corp common Aircraft 652 22% Jan 4 Oct 25% July 910 Inc— Title Guaranty Co 28 % .15 common N 285 22% preferred—25 Standard 1.75 2,550 10% , Socony-Vacuum Oil capital- Warner Bros Pictures— —; 100 ' ' 129% Nov , 3 228 A——* preferred Oct 28 —5ft —* ♦ * Corp of America— Schumach Nov 30% 6% —0 common 2% Apr 29% 100 -.i— — Apr 6% —20 ...10 capital—. Cement Port Preferred % 22% 10% Shasta Water Co common 6% — 100 American Viscose Corp Anaconda ' ■ 2 6 13 2 - . St Sntry . , 2.95 Apr 282 1.015 27% a Oct 34 24% 1% 1 Pennsylvania RR Pullman , Mar 6 80 May 29% ■ 10 - common.... Sugar Co Ltd 6% May — & Pacific 1.95 Jun 2.40 Tel Oahu 115 —20 American Co 330 200 2.95 —* Aviation- American 33% 1% 29 —* -—5c capital American 7% Agricultural Co- & RR North 7% Dept Stores common——'* Rad Central North 15% Oct . common City Copper York 3% 7% — Western Am May 12% Jan Corp Cons _1 1. — — 1,592 Mountain M common——1 Aircraft Cem 2,774 Jan 6% Dec 96 Jan ; 4 10 Jan & 17 Apr 8% Dec 3% Jan Oil——_—10 Waialua Port 15 . „. & 15 8% 3% common———.—25 Consolidated Yosemite 10 18,332 14% 15 Nov 4 18% Mar J Copper 15% .33 1 16 11% Apr, 86% Jun Oct — * ' 8% * * Navigation Co 10 6 : Matson 260 402 Kennecott 17% Jan 2,401 6% * 18 4 Dec 6%' 1 • of 10% Mar 15 96% ' 6% 7% Canada Nickel 12% Aug 28 Western Mary Mines Corp— 461 4 Oct 4% May —♦ 1,304 15 16% 100 5 Co Co—' 1414 —' 1 * Dec Idaho High 11% Mar 7 International Tel & Tel common International Low 387 7 1 ' — — Share & Electric 18 27 7% preferred Apr 5% Pet) Bond General Range Since January 1 * 13% 28 Equipment 25c Elec Shares High 15% • Corp Curtiss-Wright Corp Dominguez Oil Co 17% ' — Victor 11% May 8% Jan 3% May 1,000 Super Mold Corp capital .*—_10 Tide Water Ass'd Oil preferred—— Vultee 2.10 Oct 43 Dec Oil 14 - Spring Valley Co LtdStandard Oil Co of California Universal. Apr Aug Jun pec Apr Consolidated Edison Co of N Y Consolidated 5 Co Pulp 140 692 890 00 8 % July 65Nov 11 Jan Low Par High Jan Jan 543 200 4 31% 8 1.20 ,35% 9"% 6% 262 226 6 15c 3% Ryan Aeronautical CO——1 Shell Union Oil common————15 Soundview , — ' — - - — Low Sales for Week Range of Prices Sale Price STOCKS— Range Since January 1 Shares 62% 8% 9% 1.90 2.00 43 ,. 43 10'A 10%' 7 7 —1 Co Rheem Manufacturing 6 61 % — Last High Low Par Week's Friday Sales for Week Apr Mar 1.10 Sep Oct CANADIAN MARKETS --Listed and Unlisted Montreal Stock Dec, 12 to Exchange Friday Last STOCKS- Week's Range Low Par Shoe Agnew-Surpass common-,.. * — Class for Week Shares Range Since January 1 Low 11 Lawrence St High 11 Quebec Power Sales of Prices Sale Price Last 11 Dec 25c High Sep 15 13 Feb 1.90 Dec .1 St, A « Corp Flour Lawrence St Lawrence Mills Williams 2,472 11% 13 % 835 115 High 8% Jan Mar Jun 24 % 122 43 Jan 16% Dec 13 % Jan 33 34% 167 16% 16 % 1,811 12% 13 280 7 Sep 110% 111 13 110 Apr ■ Jan 15% Sep 115 5 Dec 2 Oct 16% » 14% Apr 1.00 Aug 34% Canada- of 1.80 115 —100 Shawinigan Water & Power Sherwin 1.35 preferred. 100 Paper preferred.. 11 591 14% 13% 50 preferred— Low High 13% 1.80 commoiu Range Since January 1 Shares of Prices Low 14% — - _ for Week Range Sale Price Par 18 both inclusive, compiled from official sales lists Dec. Sales Week's Friday * STOCKS- 12% Feb ' Grain Aiberta Pac Algoma Steel A—,—:——— 0 common Tel & Bathurst Tel ' At Brazilian T * 21 21% 15% 13% 14 596 220 12% 22% Southern Steel Tooke 15% Nov Dec ■ <*. Class B a Bruck Siik Mills ' —■ . United Wabasso 14% Dec 22% Dec Class Dec Preferred Northern Canada Power m 7% , 7% Celane.se preferred common-; Canadian Foreign Cockshutt Smelting Consolidated Mining & Cork Crown Distillers Seagrams 25% 25% 70 3% 3% 11 3% 3% 11 8% 8% 510 8% 8% 26% 27% 96% 450 24% Dominion Stores,-Ltd.--—,———_L— S ^5% too > :.v ——— Foundation Co of 5 % ■ T0~0 common too 0 Hollinger . ' 5" ■ 5v,'.",- 7.60 ' 12% — 11 11 Preferred ———10% ——• __ Power Preferred 0 common.... . Massey-Harris « Heat & Power Cons.. Montreal Tramways National Breweries _i _• ..100 • — Steel Car Corp.—>—— '——1 Ottawa L H & Preferred Placer Power Price 5% —— Aircraft Car Power 4 __ . Bros & For — Ltd common.._ * see page 2215. 12% 12,% 50 10% . Oct 3V« . Oct 22 Oct Dec 12% 5% Mar Dec 150 129 129 115 Sep 128% 56 118 Sep 152 Feb 140 30 125 Sep 188 Jan 222 222 2 214 Oct 273% Apr 127'/a 128 164 116 Sep 153% Jan 128 10 Apr Market 18 both inclusive, compiled from official sales lists 139 Jan 25 Nov & 6 'h 7','c Paper common Dec 9% Jan Canada Jup 6 Oct 1,300 14 14% 85 13 Feb 110 692 80 Sep Co Ltd "B"..' 3'% 50 5 5 5 5 40 • 17% 17 17% 1,446 * 17% 17% 18 ' Cable 6%7<- pfd.__.100 36 36 37 Ltd Vancouver Ltd Oil Co Sugar Co Malting Co Ltd Wire , Mar Jan '7 Nov 3% of & High 75c May 37/a 102% Dominion Canadian 118 5% 15 Dist. & 4% 109 American Canada 1,385 5% 50c 3% Brewers 15% Jan 75c ' common 27% Dec 24% Dec Low High 65C 100 Ltd. 97% British Low * preferred & Range Since January 1 Shares of Prices 75c 100 Bathurst Power & Paper Dec for Week Range Par ' preferred Aluminium Sales Week's . Sale Price ::v'■ y.'>" Feb Dec 6 14% Dec Dec 110 Apr 3% Dec 4 May 5% Nov 13 Mar 17% Jan 1,421 13 July 20% Jan 100 32 Nov 37% 41 106 Mar ■; 107% 107 V2 ' Canadian 150 Apr 154 Jan Canadian Apr 6 Jan Canadian P Oct 20 Dec Canadian Vickers 12 July 16 Jan 5 Feb 8 Dec 1.50 Feb 108% .Nov 63 Apt- 80 Dec Commercial 5 Apr Dec Preferred 84 7% . 95 Dec Consolidated 5 Dec 5% Dec Oct 10% Jan 1,305 515 2,162 66,5 500 '8 22 7% 9% 6V2 Sep Apr 14 28 Apr Apr 1,345 2 10 87 .10 300 Oilcloth Dominion Dominion Square Corp Woollens Preferred Apr Jan Jan Fairchild Dec Fleet Ford Motor Dec Fraser 6 Aug Jun 95 -: 3% 9 % 75c 75c 1.50 —— Fire Company Insurance Power & ' ' Paper—. Co1 Dec MacLaren Dec Power & Paper 200 Dec Massey-Harris Co Ltd 5% 26 581 Oct 26% Dec Melchers Distilleries; Limited 205 35 Dec 39% Jan Mitchell, Robert : 35 37% 2,210 29 Apr 37% Dec Noorduyn 40% 38% 40% 697 35% Oct 52 Jan 22% 22% 24 1,055 11% Sep 24% Dec Page-Hersey Tubes Limited.———* Power (Corp of Can 6 7c 1st pfd—.100 151 1 7 4- 151 4% 6 • ■ 7 81 81 100 151 Feb 155 Jan 250 3 Nov 4 % Mar 5% 9% 60 Apr 8% 2 Aug 12 11% 12 190 2% 2% 50 85c 6% 55 Apr 1.75 Mar 4 12% 3% Dec Jan Nov Oct Ltd Jan 7 Dec Reliance Grain Co May 81 Sep Southern Canada 5 Jun 7 Dec Walkerville 3 Mar 5% Dec Walker-Gooderham 10 1,510 6 Sep 11 Jan Common 60 85 54 Nov 70 Feb $1 preferred 11 % 105 11% 13 % 1,066 13% 100 13% Dec 14% Oct 2 2 185 1.50 Nov 2% Dec 8% 8% 20 15 15 % 4,125 3% 4 100 *2 ' 15 15 14 % 15 1,910 ... 5 % May . . 11% Sep 1.75 Mar 10% Apr 13% 10 Feb Jan 16 Feb 4 Dec 15 Dec Oct 6% Jan 16% Dec Mar 5 3% Dec Apr 50 80 34 " , 5% 45 16% 1,235 3 % 3% 275 86 % 10 78 80 40 33 34 75 6% 3% 5% 86% 5% 6% 400 4 75 Sep 100 Jan 103% Feb Feb 1.30 Dec 78 80 20 100 103 V2 103% 30 * 1.20 1.20 15 48 Vz 48% 35 Ltd pfd pfd Limited & Aug 7% Aug 15% —.— Power 6% Brewery 7 % 11% 13% 13% ' 4 975 pfd 100 pfd—.10 Transport Co 79 5% 7 1,630 Ltd..— fnon-cum part 2nd pfd... Provincial 20 5% 8% Aviation 115 67/s 57 6% Co 1,020 67/8 100 4 Maple Leaf Milling Co Ltd common...' 35 % 2% 8% 10 (Can) Ltd cl A__* Paints John ' 24 4 Dec Mar 8% Jan — 6% 24 Apr 12 Trust 24%' Apr Dec Feb 1.50 3% Companies Limited common...' Voting Mar 12 21 25% Apr Dec 2% May "21% ' , Dec Ltd A Canada 35 37% 2% 1.50 Oct Oct 20 4 : Dec Apr 1.50 Mar 3% Lake . 2% Sep Jan 20% Dec 23 12 21 20 25 35 595 1.50 17% 10 24 1.50 common.,. - 23 25 21 23% 60c 10 Dec 75c 40 1 Apr 8% 130 3% June 35c 100 7 23% Ltd—.' Co—' 1.65 12,794 Nov 2'A Mar International *20 v. 60c 9 Dec 1 14% Mar Dec 45 2% 6% 560 60 1,253 3% Apr 2% , 5% Mar 71,008 Dec' 5% 50 3% 60 24% 1,175 6% 20% 50 5% Feb 2% 6% 3% 60 23% 1.90 2% Dec 2% 19% Halifax 5% Dec 20 Dec 24% 1.85 3% Dec St 10 2% 10 5% 1.85 July » 20% • 1.85 Dec 27 Jan 21 * of Deb Apr 70 Aircraft Limited———5.00 Aug' 2% 23% % Paper Co Ltd— —' Eastern Dairies Ltd 1% preferred__100 15% 2,978 3% 23% Nov 1.50 Apr 1,900 6% Donnacona 10 5% ' Jun 2% ; 2 Aircraft Ltd Dec Sep 1.00 645 60c — 16% Feb 10 3% • Linoleum & Dec Jan 90c 85c 1.50 ' "A".—' Engineering Works Dominion 12 23 36 11% Mar 100 Dominion Apr 75c ' class Jan 7% 161 Oct 45c Apr 31 Oct 6% Mar 127% 3% » — 12% Jan 12% Dec Jun 10 20 29 Class ••B"' Jan Jan 10% Nov Mar 37 3% , Ltd Corp Paper Aircraft Corp Ltd David & Frere, Limitee 25% 5 140 1.45 1.50 ' _' common Cub 2% 27 7% 5 Ltd Alcohols Apr 5.80 5% pfd___- common 100 Aug Feb 60 Ltd 184 26 1 Co... Inv 5 'h Preferred 2% •; P & 1.00 Aug 319 7% 7% * Chate.au-Gai Wines Ltd——— '? Marconi 1.30 137% Ltd..' Investments 15 3% 1.30 ' General Industries, Ltd., class, B 19% ■ * common Preferred Canadian Jan 75 : Ltd Breweries 60 19% 1 -100 — footnotes --100 * Canada.. Co preferred r. Apr 3% Apr 85c Dec ' Power 19% 10 ..100 _ _ Dec ' Abltibl Nov 95 95 >, -100 common.— Development Corp of • * Ogilvie Flour Mills common... Preferred —25 • Noranda Mines Ltd———^ Ottawa • commop— Preferred National * 80c 94 835 Last Canada 4,492 r' 6 6 . — McColl-Frontenac Oil Mont Light 16% preferred. -100 Corp 955 3 3% 2% Dec 50 140 STOCKS- 82 15 22% 33% 22% ,0 -* the Woods common--—-. Steel 31% .15% 6 > —100 —-i" * Lake of 33% 16'A — * Co-Ltd— Public Ser Ltd...— MacKinnon ' ' ' —--25 — International Jamaica • of Canada com..' Petroleum Nov 308 ■ 8.25 — 26 Imperial Tobacco of Canada common_5 Acceptance Corp.——* International • '■ 1,430 5 4% ■ 8.25 Industrial common— July 22 3 Oct 4 % Feb 35 20 Friday Nov, Dec Dec 89% 2,475 26% 10% 11% '-- International Nickel 4% 4% Tl 8% 8% Aug 87 95 c 12 Bronze 3 135. 320 4% 50 Jun 152 Feb 147 2 151 M 12 to Dec. l)ec. 115 7% 25% 10% 11% 12'% International Nov 128 100 970 79 4'% 5 '—5 ———a—* Ltd 1.75 4% 100 .... 460 7 % 7% 11 Oil Nov 1.75 100 of Canada...: Aug 310 Howard Smith Paper common—12 Imperial 22 Dec " Mines—z-L. Gold Jun 1.75 100 .... (Bank of). Bank 85 3 Hudson Bay Mining 63 % .100 Commerce^. Royal 66 ' 95 ' « — , of Nova Scotia 177. 1,705 15% 7 T ,;' 7 % 7% —a—T—— - Montreal. of 2 ■ 5% 16 79 79 _ Gypsum, Mar 12% 9 (Banque Nationale)— Bank Bank 75 ■ . 15% , Lime & Alabastine—:x: Hamilton Bridge aaC Preferred 151 3% 2,200 75 4% * • ————a—aw Wares Steel 5% •4 ' Power common—. preferred - 5 16 * Canada—i—- 58 Banks— Canadienne Canadian Jan 6% 7,786 ■ 89 151 '5% * General • 75 ——* Players Canadian Corp——_* Gatineau 5% 89 73 % 89 * too Preferred Dr.vden Paper Famous 15 8% 5% 180 ' • % Dominion Tar & Chemical common——_ 7% 5% 8% - common..———T 500 775 12% 115% 115% ——100 ^ 24% 23 11% 12% 60 % 50 ' 3 25% Dec 20 1,470 96 8% 32% Aug July 21% Mar 95 Jan 20% Oct 10 July 112 Mar 380 25 38 23 27 ..25 Steel & Coal B—1———25 Textile 36% 23 : 10% 31% Dec Jan: Mar Mar Oct Jun 5% Jan / 200 50 7,910 685 __ Dominion Preferred 8% 38 — Dominion Glass common Dominion 7% 120 15% 15 .; > * 3 3 6% 5 - 3% 100 common— Feb 22 ^ Dec '.v., 3% ———* preferred-———.25 Dominion Coal -18 • — — Dominion Bridge Jun * 9 B Ltd ■ — Winnipeg Electric class A Zellers 4% _» _. 9 151 9 Dec 8% 29 100 common Preferred 135 50 a * Co— Seal & Mar Corp—: 80 1.75 100 Cotton Dec 18 11 — — Dec 28 110 .——-—* Plow 29 3% " * —..i.;,.—a* Canadian Pacific Railway 25 Dec 21% Mar 135 C. Dec 9% 25% Apr 4% Mar 21% Mar 18 : Locomotive 7% 534 1,080 1,585 135 135 . Dec Api5% Mar 4 200 ; 25 Sep 535 28 Investment com—' Class B— Canadian 16% Jan 102 Sep 728 7% 28 27% Converters si.—————100 Canadian Jan 7% 31% — Canadian Industrial Alcohol class A—*> Jan 5 9% 31% 28% 100 — Dec 12 9 7% 25 1——• preferred participating 14 OCtv 91% 435 31% —50 i, 3% 6% 9% Canadian Car & Foundry Common—• Canadian ' 7% Steamship common— 25 Jan 5 V 137 95 21 Corp Canada 231 5% May Mar 11% 250 4% 95 a Canada Forgings class A 10% 4% • Hoo ——— preferred —« preferred Jan 10% 60 •' 1.75 _ Preferred 2 Steel Jt'. 115 10%; 10% 9 — J. 4 common—— common Tobacco Jan Jan 4% 80 10% 10% . Tuckett Jan Apr qO 10 14 \ 14 14 Canada Cement common 5% Brothers Jan 18 100 * Power- Canada of '1 100 — ■ Co May 6% 50 2 5% \ IJL* Building Products class A. Bulolo Gold Dredging————- ~5~0Q 57o 2 2 —.——— Canada 14% Aug ' Columbia Power Corp class A_* British : _— 150% 10% Aug 124% 10,805 Apr Dec 22 14% Preferred Aug 42 40 25 14% 22 14% _ Apr 16% Aug 50 140% 141 9% Nov 7% 519 13% 140'A • P— & 314 42 21% lioo Co of Canada L 8% 15% A— Paper 100 42 preferred—— Power Bell Telephone 1.90 8% 8% —— Anglo Can Tel Co pfd_^———— ^50 Asbestos Corp ; Assoc 1.90 • Worts, Ltd., 11% 2 Dec 103 Jan 73 May 85 Jun 30 Oct 34 86 % % 1.05 Apr H. 48% 19% 19'% 110 40 Jun 18% Mar 6% 80 Dec Dec Dec THE COMMERCIAL & FINANCIAL CHRONICLE 2214 CANADIAN MARKETS Friday Sale Price Unlisted Listed and - Friday Sales Week's Range Shares '.-'a. STOCKS— Range Since January 1 Mines8c 8c 4,200 16 %C Jan Easy 39 %c 40c 200 21c Oct 46c Feb Eldorado 4c 5c 2,000 2c May 5c Jan 1.01 1.01 100 73c Oct 2.24 Jan 70c 75c 2,800 32c Feb 8 3.20 3.20 110 2.40 Oct 3.25 Dec 1 Ltd— Aldcrmac Copper Corp 1.45 1.48 200 1.00 Oct 2.22 Jan 55c 4,400 36c Oct 75c 13c 2,200 12c Dec 13%c Dec 2.45 700 2.00 Mar 3.00 Jan 8c * Central Cadillac Gold Mines /Ltd———1 Limited———1 Malartic Mines East Nickel Mines Ltd A/ Falconbridge Goldfields Malartic Gold O'Brien -1.00 Ltd.— Mines Gold Eldorado .—i.—— East Preston Ltd—— Mines Dome Consolidated Wood 12%c 2.45 2.35 35c 1 1,00 1.900 25c Oct 49c 1,200 Oct 65c 9,900 1c Oct 4c Oct 2.68 Federal 2.30 * 43c 43c 500 40c July 19c 2,000 18c 100 15c 200 ? Dalhousie Oil Bacalta Ltd— 18c 0 Ltd ; 25c 25c 25c _;8 Ltd——— Co Oils Petroleum Co Ltd Oil of 5 Vu '/o Lake Glenora 2.40 500 2.40 * 19c Dec Apr 25c Dec 2.70 2.05 July 400 4%c" 4%c ■. _ Dec %c 4 Gold Dec. to Dec. 18 J2 Goodyear Tire & Rubber ' ■ ,'A Par •6% Power & Paper common— preferred Alberta Pacific Preferred Aldermac Ltd 5% 30 1.50 2,00 36% 46 7c Gold Aunor 45c 4.100 2.50 2.55 1,370 1.21 1.30 3,316 45c Oil Ltd Mines 5 : 1.25 —1 Jan July 2.00 Dec Dec 46 Apr 7c 25 85 44c 85 7 14 May 21% 13,800 8'/a 8 8% Huronian Ltd—— Anglo 8%c >/2 85 8%c "■ Mar Nov 75c 662 75c 16 Vic Mar Sep July Dec 55c Oct 2.65 Jun 1.47 Jan Bankfield Cons Bank of Bank 1 1 of A Toronto..——-. Base ___50 Bear Exploration & Radium !8.V 225 225 ../•/'V 5/ A 21 7»/2C 18 21 10 Vi 50 9%c 62,100 2Vic 1.000 46 Vic Bridge 12 V2 15 338 9V2. 9V2 100 4% July 110 110 50 76 140 142 160 123 7c 8%c 5,508 4 4% 250 10 10 10 8c 3,000 Oct lc 2%c 2 %C 4,000 1,000 A Dec May Dec 20c Jan 11 %c Apr 10 %c Oct Dec : , 9%C lOViC f': 4 'sa. o.' r • ' 44c & 10 ■:,;C;-3C /1/'v',T5c-. . 7% __ Vj/■• 52 Dec Int Jan Jason Feb Jellicoe Dec Kelvinator 94c Jan Kerr-Addison Dec Kirkland-Hudson Mines Gold Oct 204 A Feb 7% Mar A'v, 10% Nov 12% Jan Aug A/A: 10'/a Dec Oct 9.9 Jan Apr 36% Jan 16% Dec 15C Mar ;5 86 : 2,744 29% 16% 1.553 11»A Mar A 12C 2%C 2%C 100 12c 9 ■: 1: ; 9 5c 2,550 19C 1.000 51c 52'/2c 6.100 40c 42c 2,900 8.75 9.00 6% 29 %c Jan 2%C Oct 2.85 • 13,883 19c Oct Dec %c Sep '.AA . 8 4.50 Sep 8c ' 600 . y-'V-A't 4.35 4.45 Jan 9 % Jun A 433 12c ;;-".iljii 8 •_ Mines 145 42 /AAA- 52 12c Jan 8% 33% il.2c Jan 55 Oct 15% __jij_—1—__1 Canada of Co 28 '/a Aug j.'v A,/7 110 90 Apr 46 20 10 % /.'/■ 21% 32 16 % • 960 /30' . Oct 12C 3,867 a_1_J—„__1; 12c , Jan 160 9% B_______J__-jr_i__——1 Mines Feb Apr 10% 89% Jan 20c 11% 10% Dec 10.50 - 6%c 10% 89% Oct ■■■/ ':;2c'; Nov 1,600 11% Nickel; common—lj——*/ /., 33% Petroleum 5.75 Jan 14% 9 % Mar ,',500 - 7% 158% 10% Dec 20c 2.70 26'A 52 15 - / 2.07 July 15C 26 26 Jan Oct . 2,850 ,/,;; 3c 15c .il _ii; 8 • 1.50 ,,Jan 55c Oct 7c 1.000 2.49 * common A 2.38 _—__l_j_—100 Util class 10 10c> 2,607 International A 1,000 10 / 5 Va Dec Jun 'Oct 10c Dec 3.00 Mar Apr 26c 8.25 Jan Metal •2VA 65c 2.46 Oil—i_—1——i_8 International 475 200 9,100 Dec 5 6 'Ac Oct 44c 7.75 8 Imperial Bank of Canada—-—__—_100 1.30 a, Jan 13c £' 1 Feb 11% Mar - v Jun 65c 8.25 100 — %c 200 ■:<£$>. Erie Mortgage—00 2Va July 4% 14% : —1 Dec : % 14% Gas—___1 16% Oct 42c 4 ,ij-. .. 2% Dec •65c 4% . 51% Nov 9 'A 2.130: 200 Dec 67 Mar 7'Ac July 97,400 - I'Ac Dec' 11 86 2.25 ;4 4%c Oct IV4 Aug 80 : A ,A, 39 •"• 4.000 v May Vac July 31% Apr 248 • 6%C 2.25 1 Mines; /•.'•••••55 ' CI 4 Vic- , 8 common—_i ' lc 10 65 58% 10 1; Bay Mining & Smelting— Imperial 7'% / ' May 9c 31,700 3c 1%C 65 Paper„l_—a.ij.Jij.1_iii8' Oil Gold pd ' ey2c Oct 2,250 2% Hollinger Consolidated Gold Mines 5 Home Oil-____l_j-___A.__l_.i_—1_—l-;';' & A 10,200 9C 13% Mines-._li—_Li___—1! Gold> 15 6% Aug %c 10 —_a._i__-_j.__ Theatres 14% V 3,500 %c'i 2'A Ltd—'ij_.il! Mines 9%c . ' lc Dec 4c 12% 9%c Oct Nov 10 21 Oct 66c 2c . 2% 255 Sep 13% VuC 8 1,000 12'i Preferred Apr 66c 13% . 1 2%C 8 International Dec Aug Aug ___l8 —— Feb 215 5c Apr 5 50% Dec 188 12 70 25 1%C —; Alabastine—8 & Hinde & Daucli 20% 85 .410 Hasaga Gold Mine —i—^ 1_ 1 : /;■/ „i- . / Hignwood-Scarcee Oils-_li_ii_—_i_lj8 '-..'>• •:.\/ Huron Dec Apr 85 ' ,5v Hudson Jan 7% 12c 13 % c r- Vst/ Howey 4% .■ 7 Nov 8 Oct " 42'Ac Nov 85 3c /:, Homestead -• 7% . 50 Co..-—L Lime Rock 14% 12c 200 / i; 1,200 2%C Jan Sen 2,000 Dec 16 15 3c 8c 125 10 7%c 20 V2 /—/■ 5%c 2%c Dec 5,133 : 9%c 1 / Gold / — 7%C Mining Corp Ltd———.A Pow & Paper class A.—'* Bathurst 140 225 Metals Beattie 4%c 140 Oct 3c 3,050 2 V'2 c 100 Barkers Pr 8c i_ 140 1 100 ;. 7 ¥2 C : — Mines—-—A———/:_l' Montreal 14% Mar 18c Imperial Tobacco of Canada ordinary.5 i'li/'Ji;'Bagamac Mines Ltd 2,098 8%c __ Jan Oct 1.65 75c Apr 85 Jun '34c 9 Oct 8 79% 20% v /1 •' Hard Mar 6 1,140 46 High v Sep 3'/a 615 13 «/a 2.00 .100 — Anglo-Canadian 4% IlOO Algoma Steel common-_-—/•__ Loifl . 45c 400 13 % 5% Corp/A^-8---- Copper High 75c ' Mines.;_r..£ Gold Hamilton —_8 common A.—/— Preferred 60c -100 4—- Grain 75c IlOO ——.u———— 7e/c / preferred Low 0 Wire Hamilton Range Since January 1 Shares of Prices Nov /•'//'', common—)■ Paper ->y t c . preferred— Hallnor for Week Range Sale Price ! Lakes Gypsum Sales Week's Friday Last aa- stocks— Jun 3;!'4 :•■■ Halliwell Gold Mines—>■■;6 Exchange 2 %c Sep 17c 9c common—..8 Preferred inclusive, compiled from official sales lists both »;•■> '"./• „1 " Gunnar Apr 2'A i ''/.iAV' 1 c l'Vitc 100 '''*"T • —1' i .Co.—•' V t Toronto Stock Ltd—— Dec 1,500 2%c Mining Mining Greening 22 Vu * Gate Goodfish 4%.c Dec Dec 8, Eagle, Mines_„_/,3—1 Golden Feo May 2c . Mines—IC - Jan 15 \ '15 18c 100 Mines Jan 3.60 2.25 Aug 141 Dec 19% J—^ Goldale Mines ^-1.1—__1 Dec 29% 3% Porcupine^—1 Gold Aug 3% 20 ' Steel; Wares_i'iA-^C_——/.-•--■8' ■/ Gillies 80c 930 1 Dec Feb 19 ■ •:■" 3 Vu 32C 11,000 15''' 22% High Feb -2% ' l%c class preferred General 100 J 3.20 21 ■ Mines-^——^2* Gold 24. 3.00 1 Gatineau Power common..___;— y Great Abitibi Co" Francoeur 80C 24 Low 3% 64c , —.i—i,* Canada God's Lake Anglo-Canadian Oil Co Ltd Commonwealth Co Foundation ' ■ 43c 3% 80c Range Since January 1 High — _l Mining Aircraft Ford '-y Jan 2.30 Mines Kirkland Fleet Jan 1,85 ■ Jan 2c . Low Washing Machine—————Jf Gold Shares of Prices English Elect class A ——_A———8 Falconbridge Nickel Mines * 3.20 Fanny Farmer Candy Shops————! /;.'/A.-.-', Jan 38c 2c 2C Jan 3.20 Oct 1,700 60C Ltd—1 Feb 1.55 60c 0 Mines Wright Hargrt-aves Mines Ltd Home • Dec A 75c 35%c 1.55 1 — Cadillac Mines Ltd—1.00 ons-- 52c 12 %c —*1 Siscoe Gold Mines Ltd_Sullivan 55c A Gold Dredging Ltd Cons 75C Ltd—8 Mines Ontario 'Nickel— Pato 5C 7%c July for Week Range Sale Price Par Canadian Malartic Gold Mines Ltd——* Sales Week's 'Last lor Week of Prices Last STOCKS- - Monday. December 21, 1942 Dec 9 Oct , Dec 4.65 • Beatty Bros class A—_• Class B 2nd —_ Bell Telephone Bidgood Blue of Canada..-— Top class B Bobjo Bonetal Gold Bralorne Brantford 1 7Vic 7V4c 1 8c 7 VuC 8c 6.65 7.00 preferred- ; Brewers Distillers—— & British 5 — Oil— American British A British — — '5 V# Dominion Broulan Brown Oil— Buffalo Ankerite Buffalo Canadian Building Gold Mines Gold Mines 8 ... Products Ltd..—— Steel Jan Lake Shore 10c Jan Lamaque Gold Feb 10 Lapa Laura Gold .. Cadillac 6c Mar 12%c Jun Leitch 5c Oct 32 Vic Jan Little 9.30 Jan Lobluw 4.40 Oct % Dec Dec Macassa 5'A Class B__ Nov MacLeod-Cockshutt Gold 18 Jan Madsen 18 Dec Malartic 22% 155 18 May 22 Dec Maple 22'/» 228,000 9 July 29 42c 12,900 Apr Red Leaf Linen 1st. j ___ * Calmont Oil Ltd ■ Jan 7c Feb 1.55 4,045 91c Apr 2.80 Jan 3c 3c 1,275 lc Mar 3 Vic Nov 13% 14 Vb 836 11'A Sep 14% Dec McDougall-Segur Exploration 8% 695 7 % May 8% Dec Mclntyre Canada Bread Canada "B" Maralgo Mines Canada class Foundry A Massey-Harris Malting — Wire Class B 16 July 26 36 Nov 37 Vi Feb 87 Jan National Sewer Pipe class A—— Dec National 185 25JA Mar 32 Dec National 57 57 50 48'A Aug 67 Jan Naybob Feb 26 27 25 20 20 Oil Co 10 10 7% Gold Consolidated Consumers Gas Cosmos Distillers Dome 11 5 30 8 75c 2,600 class Steel Dominion Stores Dominion Tar & 5'/ Crest Oct 64c 68c 8,300 !.'■ 44c Oct •430 9 5'A 3% 10 spe page 2215. 200 * 39% Ar 2,190 /.__ 75c 80C 17c 15 8% 13 Oils Feb Pamour Dec 1.72 Jan 60c Jun 52 Jan 2,146 60c Sep 90c Jan 17c 500 14c Oct 25c Jan 1.00 15 90c Pioneer Gold Rouyn Gold 20c Nov Power Corp Jan Premier 74c Jun Pressed Metals Mines of of Gold of 9 Dec Preston 20c Feb Queenston Gold 27c Feb 30 May Jun Roche 39 Jan Royalite 132 Mar 23 Aug 21 21 Vb 18 May 60c 60c 150 35c Aug 60c Dec St 10c 3,500 9c Nov 17 % c Jan San Vic 3 Vu C 1,000 2%c Sep 6c 26% 27% 815 Mar 18 18V4 340 10% May 142 143 40 3 18% ; 143 21V4: 21 305 21% 80 107% 107% .. 23 % 23 % 110 8% 8 8% 1,327 5% 6 82 ,21 135 16% Sep Sand Shawinigan Feb Sheep River Creek Sherritt-Gordon & Power— AAA 460 1.50 1.60 11,410 23c '28c 1.527 8C 25c 25c 500 24c 2%c 21% 500 1 %c Oct 3c 69 J 6 Sep 21% Dec 15 15 145 12 May 16% Feb 225 135 July 1. / 1.60 — . --.10 • — J_—-1 8 18c 16% Gold ... Mines—-1 J — 7 6% Jan 9% Apr 4 6% Oct Siscoe Sladen-Malartic Mines Gold •6 Dec 90 Nov Slave Lake 2% 2% 95c Mar 2 Dec South End 8% 8% 100 8% Dec Standard 3 Vic 4C 700 Standard 3%C 4c 4,500 1.04 1.00 ■6 % Mar 2%cBep l%c Aug 10c Jan 4c Jan 73c 2.30 Jan Oct Standard Mines__—i—1 Gold Mines.———i— 1 :._____a__j8 Paving ,—— & Materials • _'_1 Petroleum— Chemical Preferred 81% _i__aJ_——8 ' 5 Oct 25 1.00 1,210 2% 25 4,000 16% 84c 5,600 3 Aug : 4% Feb 3.20 Jan 39c Jan 45c Jan Sep Dec 150 4c Jan 2.05 Jan %c Jun 2%c Jar Mar 9c 19c . Jun 12 Vu Mar 16% 1,000 54c Oct 84c Dec 9,475 57c Sep 97c Jan 15 • . 35c 35c 1,500 25c s26c 27c 2,500 13 %c 2%d. 14,000 3c 3,500 9'A 1,10 1,300 4 Dec Jan Oct 246 6V2 Jan 57c July 320 3% Jan 5% 1.15 82 '6'A Jan 2.20 1 %c 77 -4 2.35 Apr 67c 95c Dec Oct 5.25 7% 2%c 9%' 5'A Dec 97C ; 65c; 2'/ec Apr Oct 5.25 7 3c Oct 30c 900 l%c 19c 6%> ■_•___j—2——_8/ Radio Jun 2,500 1.10 " Jan 19c 2,466- 9% Jan 85c 1.73 2%c ' —8 com__i8 1_ 27c r 103 VA Oct Nov l%c • Dec 12c l'/2c 66c# .1 —_J ; May 31 %C !i67 16V# 84c Oct 85 70 16c 5%c Feb May 1,400 5'A l%c >18c 2c 4,000 V 150 1.73 Mines—2,—50c Mines Apr 16,700 75c Simpsons Ltd class A—_—,__i————8 Preferred : __-J—100 Aug 1.04 Oct Sigma 3 ... Oct 33c Dec 83 130 98c 2,300 Jan 15 • 5,240 51C 5'A 50c 4% 24 % 100 / 1.10 __ Ltd——i— Gold Nov 6 2Va 1.60 49c 5'A 50c 3Vs • 23c Mining—1———-.1 Gold Water Jan 1.01 . Mines— Senator Rouyn, 113 Oct 1.55 ; Mines Ltd——1 Dec 90 6'Ac __ 1 Gold Antonio 6 20 _j Gold Anthony 90 6 103% 51c J jIj/IJ/'/ 107% Jun 40 1.10 Aug 20 Jun 105 j__l.___100 Preferred Nov 103 % Mar Jan 10c / i_2%c 21% 21- . ___J——;—;—1 Industries common.,.:. 18% 21% 38c Oct 88 53c 16c 36c —__1———1—8 27% Apr 90c v>ep 5c 86 % 53c 15c 5% Mines_——Jl Oil Jun 191 Oct 20c 192 42,900 ,11 1.60 Long Lac Gold Mines—2—1 Russell 34c 3,500 A 44,100 C_—_____il Mines.. Jan 24,850 35c 7lAc 434C — Mines—___jil/___l Dome Dec 12c 13 %c .-88 America_i____--l..l Reeves-Macdonald 10 Vi 1 Sep Dec 4 :14C Mining..———1—1—--1 Sep East B ' 105 Canada—-l—_——8 Jan 60c 26'/2 Mines—. Gold Pickle-Crow 2% July 250 54c 54%C 7Vjc Ltd—'——8 Paymaster Cons Mines Ltd————1 Peoples Credit Secs..l___—— Powell 4 90c Jun 35c 55 2.00 Dec 33c Porcupine Mines Jan A'1/.:. 1.00 7'Ac 54c . 12'Ac Jan Jan Oct 3% ■' .4 v4c 1.30 Jan 1.04 Jun 4 , Corp.— ——.———1 July 110 -' Ltd.———.——-——'* 10 %c 1.50 . Page Hersey Tubes Ltd—:—1——-—8 Nov 1.04 85c 36 1.00 1.00 11 Nickel Jan 90c .1 Pacalta 13c 3 _.i 90C 40% Ontario 23c Dec 90c Dec Feb 138 Aug 45c 45c 38'A Dec 37% Jun 1,000 45c 10 Jun 6lAc Nov —• j 8'A 3.700 8c 45c 90c Dec 18c 117 Oil.— 120 Dec 3,100 116 1 100 Debenture—,j_—__—50 & 1,000 32% Aug * 26 '/ July 125 _ Mines 16c 410 50 com — Oct : / 28 1_„.—j_——1——j8 20c 37% . 24% 13 Gold Mines——i.j——1.1 4c Worsteds Ltd .... footnotes 36c 36% ...25 Eastern Malartic Mines For 4,000 5% B JDuquesne Mining East 55c 37V'2 Chem common—__8 & Aug 9% Aug .100 Woollens 6c 161 ——; Preferred 6.100 • 10 8 pfd... Preferred Doin Oct 14c • 9% *...100 Dominion Dec 4'Ac Sep 2,000 9% com—.* Preferred Inv Oct; 6%c 8% Gold Oils 19c • Steel 25 ''v:-:; 535 commQn.—_/Jl____l—8 16c 100 & 49 %c ;45c Jun 51c : 1 Bank Foundries COc Sep May /;. lie : Okalta Loan 100 1,100 O'Brien Omega 7,702 1,400 Dec Dec Ontario 13 78c 28 135 9%C common. 25 'A " 10 5 Nov 14 8 ; Dec 125 Preferred 4'A 8% •77c Dec July 10 6%c 29 Oil Star 3 825 :'AZ 49%c 49 %c 8 Jan 25 7%c Empire Mines.. Jan . 178 Dec 8c Ltd 45 Apr 20 125 —— ■' A 158 30 1 . Sep 90 25 —100 _ Dec 14 73 c / 39 330 • 175 .25 37% ——. 11 j—_ .1;j — 1 Nipissing Mines .-J*.——1——5 15% 7% . __ 1 24% Dec 35 Mines....— Apr 8 Mines Dominion-Scottish Mar Nov — Corp—Seagrams Dominion 9 Vu Aug 100 — Mines. Dominion 21% Mar 120 70 5 ... Nickle 25 3 (Toronto) 'Petroleum Denison 1,060 ; Mar 6% Imperial Mills.—— Aircraft Davies 22 10 — A 19% Mar 10 690 14 Smelting— —— 29 '/a C .Jun 25 % 29 8% '. Jan May 10 28 Vu 4% Mar 10 8 Aug 1.40 Oct 20c .2_ North <> 11c A 85c : 37% Dec • Jan 8 8% 78c 1.04 __8 j 1,305 3 '/2 8 Bakeries 44 Jan Oct 174 i::-. 8V4 68c Consolidated 421/2 1,525 24%" Dec 45% 25 7% 10 ! Corp Noranda Mines 3% Co.— -44 8 Northern Mines—1 Petroleum 24 Dec Cochenour Plow .24% /■A 4,400 •A/; /55 7c Oct 6%c Apr 1,150 28c 10% 55c Commonwealth 1.18 100 Trust Co Gold Dec 10 Commoil 9%c Sep Chesterville Larder Lake Gold Mines..1 Cockshutt 9C Apr 43c 3,400 1.13 6%. -Dec 2%c 365 26'/2C 9c Dec 33 1,000 :•■■■' Dec 15 2% May 135 ;; 5c 28c 8 v • /1.13 225 Minihg-lii—73c Gold 68c 10 Corp....—■/ 13c Willans 66c Mines—1.—._j_—18 1.-/; 1 Research 68c. Canada _i Chemical 1 preferred—20 Car Feb 3'/2 Mines 44 Northern ; 5% 5%. Jan 8% Apr 43 Va 22 ' lO'/a :/l' 5C 28 25 1,565 _i, Apr class B—C—8 5% 15 Dec 2 "« c Apr • Steel 66 3% Central Porcupine Mines National-Groceries 154 3% 8 24% — ; Feb 3% _/ 9% Feb _8 Quartz Gold common— Sep 8 Ry_—__ Apr 2 Vu l_ * 28% Castle-Trethewey Mines..—„A..1 Pat 48% 115 •' Feb —_8 — Pacific Dec - 1 'Ac 44 .. 16 15 Wallpaper 11;. 1.000 2.699 5 175 V: 28 Canadian Canadian Dec 534 14% Corp 135 — 5% 14 % Mining 1.5 A Jan 4% > Dec 2.22 3% May 2.871 Jan 63c * 1 % Mar 2,830 11 Oct Jan 2.85 Jan 1.68 Oct 1.00 - 2%c 5% Nonnetal 132 com 9% 2 VBC . Jan 27% Ltd 'A .1 v 30% 20 4 10 Vi —8 Oct / —_1 —100 Co 3% ■;. Jan 23% _ Mar V 16,100 25'A 8 Locomotive Canadian 14 25 73 common——..—'8 B 5'A 45 Dredge & Dock.———.— 8 Canadian U\ 65 129 ._ , Preferred Cub 21 65 128 —_A_20 — 19% — 129 .preferred———8 A 29,550 1.60 82c A 30c 7,400 ■?. 63c 1.59 4% V _8 Cafeterias Negus — 21 1.43 56C 1.46 25% Dec 31% ...—— Central 340 31 Canadian Car & Foundry common— • Preferred —25 Cariboo 26 Corp Class A 31% _ Class 22 Moore Muirheads 50 ■ 1.36 G3c .: 1* Jan Feb 74% May 8 Oct 1.43 -A. Sep 1.37 8 5 32 100 17% 3,440 Power Heat .& 102 731. B Alcohol Light Oct Apr 120 .100 Nov A,. 120 * Sep 3% 827 100 ... Oct 19 19 > 90 24 :_8 60c 2.15 1 5 /..•,'/ 78 A._ Jan 610 640 2.04 8 94 9% Class Dec 1.35 Oct 2,11 2__ 36 9 class Celanese of 5% 36 , C'anners Indus Montreal 77 Vu A 60'Ac 38c 20 —8 Dec Feb Jan Jan 75c Canada./, Porcupine Mines 36 preferred—— Canadian Can 46 78C 8c 10% 4,008 20 % Jan 4.15 Oct Oct 20 8 Mines Gold Corp 78 Cable & Breweries Canadian 30 Jan Vu Mar 75c *.8 4% v 12 Oct ._* • 36 5 59c Mines.—— Mining 9V4 . Bakeries Canadian 10 21c Lake Red McWatters • — Canadian • Anr 57c "c, Porcupine Mines— Moneta 8 Canadian Bank of Commerce.—; Class 11c 59c, 20 ; Jan Ltd—.—.—; —... Canadian 4,500 Jun 9% May 1.20 6 McColl Frontenac Oil common— common— Co Steamship Canada 20c 20'/ic — 8 Packers Preferred 23% Dec Aug 225 common, •Preferred 8 Canada Canada Canada Dec 80c 3c 9% —1 j__ 94 50 — 8% 1,300 ————100 , .22 85 40 8% 1.11 __ Cement common—..—..—* Preferred 27 8V2 1.10 ; ' 61c „ —__1. ——l——_____l— Oct 1.10 500 9V2 .1 commom_i_?._ Oct 22 ■ * 310 .1 1 4c * 2nd Calgary & Edmonton Corp Ltd— 2.80 3.75 _1 Mines 1,000 . 6.35 5%C Fields. Milling Preferred Mines. Gold Lake Gold 1.40 83,4 902 ■; 3.50 — Mar 20%c July 18% A—jii_ ' 12% ,Jun Vi 59c 3%c Ltd— Mines, 100 < Oct l class 1,377 4% Mar Jan 31c 3.75 —_8 McKenzie Caldwell Mines, Ltd— Groceterias 14% 13 62c 5%c Long Lac Gold Mines Ltd 24 200 Oct _i3 Candy Shops— 18 .. 31c 1 ' —1 ;,G % Jan 9.00 Feb 25c .• Gold Mines. — 20 'A May ,; 11 .' Mines Secord _ 52V2c 17'/2C Oct ' Dec Dec- 4 % Apr Ltd Mines, / 1 5'/2C / 14 8 150 Vu Ltd 5 VuC _A' * —— Aug Mines 17 V4 36 VuC — — Dufault 20 22 8 Lake 22 42c __8 Nov 17 22 % , 1 Corp Burlington 5'/a 110% Bay 18 — _* ... Porcupine Mines, Ltd— Oil .•5 Vb 1714 / —* — 7,661 Mar 8 650 14% . Columbia Packers common—.* Class 24 Va 12% — . • — 24'A 14% .25 •Brazilian Traction Light & Pwr com..* Dec 2% 210 — Ltd—__ 9% Mines-——_j_1 Kirkland Lake Gold Mining J 4%c Mar 11,000 —7.00 —I Mines— Cordage 7c 4% 6 „ Mines, 140% * : Ltd— Mines —: 1 Corp common ■ 8 __100 Kirkland Gold Mines.. Ribbon Blue , ———100 ——: pr 14% —* 115 4.00 Nov 3% Aug 65 May Dec 6.00 Jan 7% Jan 89% .Jan Oct 49c Jan " 51 65- 1,855 Oct 34c Jan lc Apr 6c Jan 2c Aug 5c Mar 9VfiJuly 40c Oct 4 Mar 3 Sep 12 1.15 'Nov Dec '■6% /Dec 4 Dec ■ Volume Week's Sales Range for Week of Prices low Hiqh Shares Friday . , Last Sale Price STOCKS— Par Steel Canada of Co Preferred * ——25 common™, 59 % 60 66 — — _ 65s!.! Basin Mines—%-—..—w—,~L<■ Consolidated Mines———1 Sudbury Sullivan 1 — Sylvanite Gold Mines, Ltd 1 1.25 Tamblyn Ltd commons—10%' Teck-Hughes Gold Mines 1 1.70 Texas Canadian Oil Gorp^_'.._——5 85c Tip Tailors Top 1 ——1 Traders Gas Union Class B 25 — United Steel—— Upper Canada Mines Ltd ; Ventures, Ltd. „r— Vermilata Oils' 4% " — Wendigo Gold Mines..-———1 Western Canada Flour Mills com-,-—* Preferred : Ltd Westons Class B 8'A Jan 20 45c Oct 8c Sep 13c Jan 65 Dec 65 Dec 23c Jun 50c Jan 9c 5,500 10 1,000 1.200 2,047 5% 32%' 3% 5c 4% 110 85 110 5,400 .1,350 .,3c 80c 4,000 41c 4.40 10%c 3.50 .48 % 19'A 1.390 7.300 1.267 210 10 5% • 31% 3% 4%c 4 ; „ 22c Feb Apr 7 %c Dec 4'A Aug 10% Dec 6 36 Mar 3% July 2% Mar 6c Sep Dec 1.24 Oct 3.00 Apr Jan 13c 3.00 Nov Jan 5.00 5%c Jun 4.80 Agriculture 6.04 Automobile Electrical Equipment- 6.79 7.47 Food shares 3.51 3,87 Bank 5.59 6.15 Building supply 3.99 4.40 Chemical 4.48 4.94 Electrical 4.70 5.18 Insurance General Mar 50 Merchandise Jan 22c Dec 3 Dec Apr 1 Sep 38% Petroleum Railroad RR ,3c 21 2VbC 3c 22 21 Ac 10 45 500 90c Jun 6 May 22 2.32 2,600 1.80 Oct 2.90 6%c 3,000 2%C Apr 6%c 24 $1,000 Apr 40 24 — 20 Jan 3.43 3.79 4.60 5.07 Utility 2.53 2.80 5.03 5.53 shares No A Huron Holding Corp Income Foundation — Fund —.1 Aviation 1.22 1.34 * 1.85 Co 11.93 17.90 19.46 ...1 9.16 Dec. to 9.39 C Last B-2 22.35 24.53 Selected Amer Series B-3 15.12 16.58 Selected Income Scries B-4 7.49 8.23 „ .. 12.78 13.99 Spencer Trask 11.09 12.25 State Scries S-2_ 10.46 11.50 Series S-3. 7.75 8.54 S-4 2.75 3.05 _ 5.28 .,30.07 Fund- „10 Sec Brett Silk Coast — class Press Dalhousie 2% 3% 2 2.90 :'3.45 1 17.05 18.33 1 8.13 8.74 10 8.33 9.11 80 80 25c Oreille 25c 23% 25 May Nov Income 5 1.01 _1 5.10 5.75 3.54 3% Jan •• Aug July • 25c priced bond series 24 Jun 14c Dec 2C 10c 8c 10c -9.000 1.00 1.14 5.710 85c Aug 1.75 4c 4c 500 3c July 4c for Insurance Bid Friday Sep Private 10 28% 29 7 65% . 10 20% 13% 10 45% 25 52% Re-Insurance Surety Boston —L— 100 : City of 5 41% 44% Mfrs & Fire 16% X27% 29% 35 Fire Assn of Pliila_ 53 % Fireman's Fd of S Fran new ...10 Firemen's 9% 26% & Pwr Shares & — A_ —— 5.58 11% A. .w—.'. • 1.24 _ 1 1 14.53 13.18 50c Investment Banking Corporations ABlair & AFirst Boston Co 73c 12% 11% 10 Corp.— Insurance Stocks 3% 82 16 % St 38% Seaboard 7% 8% Paul 27% 86 % 165 100 Ask 1160 27% 12% 28% 29 % Central Hanover 14% Chemical 33% 36% 66% 72% 75% 38 Brooklyn 21% „20 & Bank Trust — -_10 40 12 % Exchange Bank & Trust_20 13% 35% :A 10 Continental Bank & TrustCorn — —— —50 „ Guaranty 265 Morgan — __ 11 1170 /• 23% 20 common 20 Preferred P) (J & Ask Bid Par Irving ———————————10 Kings County 100 Lawyers 25 Co.™ 100 —25 New York— Title Guarantee & Trust Empire 29 % 34% 52% 173 71% 12 1320 26% 36% 54% 183 74% 36% 24% 225 Fire & Marine.™ -62% 34% 10 Manufacturers 23% _10 _ 87% 6% x28 Companies Ask 289 40 20% - 279 62% 98% X5 % -10 . 173 Bid 100 — 31% - ——2 Fire Bid 1130 Par Ask Par 12% 10 - _ __ Assn. Hartford Telephone, 2-0121 New York Trust Bank of New York 38 > -5 _ (NY) CD. & Dealers 17% 84% _10 _ __ (Texas)-. 15 % .13.55 94% —25 Co. Corp (Paul) Security 17 % 4 10 36% Marine National Commercial National™.——100 Bankers Indemnity Bid 15% 10 24 5 Fire— Revere Chase Co 13% 22% .12.50 Providence-Washington 44% York New York, N. Y. Par Bank of Manhattan 42%. 12 _ Reinsurance New 30 % 40% ..2.50 River—— Republic Fire 28% Preferred Accident 28% 42% _10 _„10 10% ft General Reinsurance Corp.._ —5 Gibraltar 16.96 series 23% Phoenix 74% 71% 5 Newark of Franklin. Fire 22% 5 Pacific 55% 2 Fire_ Northern 40% 10 — 38% 160% _ York Northeastern v;' 37 10 _ 7% 155% - Hampshire Fire New 20% 14% 56% 6% ..20 . — Casualty- New North 6% . 54% Pacific Federal 5% 4 - New Brunswick. 74% 19% 5 Continental Casualty- Y— N 2 Amsterdam New 547 527 _ Fire National ,'Jmon 7% - 10 York-.. New 22.34 5.35 Fund New York Bank Stocks 3% National Liberty 5 Connecticut General Life 72c Telephone to Hartford and New Haven 67% National Fire 10 Fire— Camden Merch ■yr 54% , 71% Bankers & Shippers 3% 64% 11% . 6% 2% American •' 34c 64c -25C 7% 6% 5 -12% 48 % 10% Reserve™. American " — Bonding Fire Assur Merchant 14% American Baltimore 21% 2% of Newark __ 31% Casualty- uu-l Maryland Massachusetts 17% Equitable. American Knickerbocker (t 16% American — 15.52 Bond Telephones, HAnover 2-1035 to 2-1044 Ask 29% Jersey Insurance of N Y„ —20 49% " Bid Par 68% 47 % 5 • 5.05 — — 30 Broad Street Companies 139 % 134% Aetna Alliance B— T. C. CORWIN 18 Dec. Ask 10 American .... Wellington Fund 5.95 Bank Stocks Dec Par American 4.75 1.80 _ Jan 4c Members —I 1.87 „ Specialist Since 1903 Jun 23 1.10 Quotations Agr lcul f ura 1 ___ 20.43 3.92 5.3' Dec Oct 19% July 20% OVER-THE-COUNTER MARKETS Aetna. Life _ Shares— Feb Dec —1 ,— Aetna Casual & Surety , _ Oil Jun -81% 1 — C B 5.39 Preferred stock series. 4 2.04 B 6.34 1.11 4.89 series Low 1 ... Series United 5.51 series— Jan „_1 Mines Temiskaming Mining Bond 1.10 15c 25 20 ——* 5 90c 75 • Class U S El Lt -250 Corp_ 12.84 66.54 1 AA— Trusteed Industry Shares 2.92 _ shares 12.07 X61.92 Scries « shares- 5.85 • • Corp__ Trusteed Amer Bank Shs— National Security Series- Feb 2 1,050 23 % - - _ Inc 1.55 Aug 100 Bridge _ 1.00 Mar 10 80 %c Nov Dec 45c 4.955 2 Langley's preferred 100 Osisko Lake MirtesL—_l.—————1' Pend 1.10. ——0 A: Co— Oil 250 1.08 3% . Consolidated Sand preferred.—.100 Dominion 200 -• Fund D- Stand ASeries B _ Fund National Investors 5.26 Fund ASeries A Securities— voting Jun 4% .100 5 80c 1.10 ———————-5 • Co Consolidated Paper Corp Consolidated • %c 5,500 5 . _1 .— %c %c 75c * — Copper %c —.1 Mines—! Trethewey Bruck Canadian Marconi Co__ High Low High 8.30 3.36 C ASeries 7.52 -10C 2d (Md) L010 Par 78.87 7.61 1 1 Investment ASeries 31.70 6.83 Trust— St Trustee Fund Inc- series B 77.31 2% Shares Super Corp of Amer 77.00 «< Fund__ Investors (Colo) 3.19 Trustee Stand Invest Shs— 5.82 75.46 Fund Mut Investors Range Since January 1 5.00 2.83 Sovereign Investors K-l. Invest 4.25 1 , Shares K-2 Mutual 10c Inc Scries Nation-Wide Shares of Prices Sale Price STOCKS— Fund. Series Mass for Week Range 12.03 • Series ■ 39c 11.25 Scudder, Stevens & Clark 29.46 Bond 34c 1 Republic Invest Fund 26.85 Sayles 10c Fund Quarterly Inc Shares Funds- Custodian Loomis Savles 1.82 1 _ (Geo) B-l_ Mass Sales Week's Friday 1958 Series Maryland Fund Inc sales lists both inclusive, compiled from official 18 2.19 1.14 Common 12 Series Putnam 2.23 1 Plymouth Fund Inc 77c 70c 1.04 America- —10 of Investors Fund 1.77 ■ 2.10 10.88 shares Insurance Group shares- Investment 37 Vn _ _ Series 1956 shares Group _ Series 1955 15.47 ctfs shares ♦ 1953_ 14.39 Ltd Securities Group Trust Trust Amer Series ™5 Investors Independence Trust Shares- Keystone Bond Amer North 10c Institutional Bank 18C 10c Inc Common Incorporated Manhattan Dec. 8.69 7.90 Loomis Toronto Stock Exchange-Curb Section 6.36 Railroad Knickerbocker * — 7.10 5.77 Oils Equipment shares Series v 6.45 Railroad equipment Steel Dec Dec 9.82 Machinery Metals 3.97 Jan 6c 8.60 6.92 8.93 _____ 3.48 Feb 2.25 stock 4.11 Oct 3 %c 1 %c 5.87 7.82 6.28 equipment 3.60 Oct ,3c 22 2%c 4.96 3.15 Dec _* • 3.05 stock 7.46 5.33 ■ 9.53 6.78 . 4.50 8.68 —— 3.73 Dec 3% 3 * 2.78 2.76 — 7.74 7.03 * - Tobacco shares * Apr 514 Wright-Hargreaves Mines.™— • 2.25 Ymir-Yankce Gold Mng—.""" 2.51 shares shares New York Stocks Inc— Steel shares Dec 12 Mar 9 % July 3c 100 shares shares Mining shares Jan 21 8c 18 bond Investing 10.94 10.15 Aviation Sep 3c — Bonds— 5.81 5.49 May 18'A. Apr 500 65 515 6.30 5.28 r.--- — shares Ask Bid —I Fund— 5.72 Chemical Dec 4% 2% Mar 40 shares Building shares Dec July 5% 29: Par New England (Cpnt)- Group Securities Jan lc 59,775 2% 36 12 1.10 3c — 6'r- Jan Aug 4 1.60 75c Wood-Cadillac Mines—A——;———1 Uchi Jan Aug 75c 100 . Jan 2.34 • Oct Jan v—* — — 8 % May' : . 1.98 11% ■ 3,000 20c 2% 36 11% 12 * Winnipeg Electric class APreferred 20c 2 Tit .—.100 — common—--—,—— Oct Jun 6% 9c 3,20 48," 48 19%19% Walker-Gooderham & Worts com.'——* Preferred'™—- 2,250 135 3,956 98C Jun 65c 55c 3,50 —• 1.70 Oct 1.18 18 Deo. Ask Bid Par Aviation 13%C Mar Oct 65 35c 7%c 6'A 4.40 P%c * .1 . 1.05 65 35c 7%c ——1 Ltd Mines, — * •———— Dec Oct 39c 85c 6 0 • ——— Waite-Amulet 85c 6'A * — Oils Jan 3,95 v — Fuel Invest class A™——--50 United 1% % 7c 79c -----1 of Canada.™ Co Jan 1,100 ■ Friday for Jan 1.96 9c __ United-Corporations—' United 70% Jun 6'/a ; Mines™ ... 1.25 10% 1.74 9c Exploration.—— Corp———100 Finance Omid Nov Jun 50c Transcontinental Resources Uchi ,, 1.20 10 1.63 55c . 65 1,000 60c 63% 2,600 100 common——————— .Toburn Gold Mines'—-———.1 Towagmac l 12c 1,45 Mar 87c 85,350 1.70 12c 1.45 ■ — Quotations High 57 277 45 55c Mines,—1 Gold River OVER-THE-COUNTER MARKETS Range Since January 1 Low 60 66 Sleep Rock Iron Mines— ——1,63 1,63 Straw Lake Beach'Gold Miaes„—■ l Sturgeon 2215 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4135 156 48% 232% 237% 3% 3% 51% -100 12 United .——100 States 1030 1070 ' Glens Falls Fire.._ _ ft Globe & Republic... ft- G r e a£A 111 e r 1 ca n _ — Hanover - 23% 89 % 92 % 42% 45% U 29% U S Fire- 13% 15% 10 Insur Co of North America— .10 U 38% 25 120'% 124% 10 ; 55% Quotations For Recent Bond Issues 58% 419 429 V/'V!■": -V- !■ > v Cent 111 Pub Serv 29% 31% 45% 47% Lukens Steel 79% 83% Macy (R H) Penn Electric _ — Fire _ 2.50 _ _ 33 31 :J 4%s 1952— 2 %s ...1 Affiliated Fund Inc AAmerex Holding Bid Public Service 3%s, 2.36 ..10 Corp 2,15 14% 15% American Business Shares... 1 2.51 Investing. .10c 10.37 Shares —2 4% 5% Axe-Houghton Fund Inc ...1 10.09 10.85 American Assoc Foreign Stand Bankers Oil Nat "A —1 preferred .. 2% -5 tVa : 1 11.50 12.60 Ltd™. ,1.1 2.65 3.25 Century Shares Trust— III Chemical Fund———— 24.32 26.75 Inv Ltd__^; Fund 2225 137 142 Preferred ...1 X3.43 3.73 Investment Trust.... —1 28 % 30% Corporate Series Trust Shares—..: —1 AA— Series Series ACrum A8% AA ACC & 1 mod Trust Shares 1 C ... —1 24c 117% — 16.96 4.55 1.00 Fund—,—— Ipvest. Corp Equitable 1 1 (Mass)_5 —1 i——• Equity Corp $3 conv pfd—1 Fidelity Fund Inc tMar 15, Southern Natural Gas Pipe Line — 104% 104% 105 % 105% 3%s, 1956— Public Serv 5s 1957— Pwr & Lgt 3%s. 1971 Wisconsin 15, 5.15 1.10 16.00 9.62 17.01 10.22 22,77 20%' 14.03 15, Sep 15. 1944 Mar 15. % 100.14 100.16 tMar 15, 1946 100.24 100.26 tDec 1946 % 100.23 100.25 100.12 100.14 t%s % 100.28 100.31 t0.65s May 99.19 99.21 100.14 100.16 1 _ _ . 1944 15 tDec. 1 _ 1944- tSept. 100.4 100.13 %% 1943—. 1944 1 „ — %% 1945.i 5 4.61 Fixed Trust Shares A——10 Shares A—1 7.90 3.15 16.04 17.58 Fundamental Trust Shares A__2 4.73 —• 3.94 3.63 —• 26.22 28.19 3.93 quoted are Bid Rates 3.65 2 1945 15, 15, 1945 15, 101% 105% t%s 1, 1943 1, 1943—— 1, Aug 1%% %% 1 % 1%% Ask Bid 100.3 98.31 99.3 100.1 100.5 99.1 99.5 100.3 Indebtedness— of Certificates Feb. — 1943 t%s Nov 1. 1943 United States Treasury 1.58 5,13 1.43 Int. Rate 100.1 100.11 % % lVa% — 24.48 21% 15.10 Inc. 101 % 105 % 32ds of a pom}; Maturity— 1%% 1943 Dec 15, Ask %% Sep Jun Bid tMar — _ 1943 — 0.28% 0.49 r:< 0.66% 0.77'A b0.33 b0.52 b0.68 b0.79 Bills at purchase fur discount Ask 4,23 Financial First Industrial Fund, Mutual Trust Fund Bid Feb. Treasury bills— Trust Fundamental Invest Inc.- b0.35 0.28 0.29% — Dec. Capital Corp Agricultural 0.25% Feb 10, 1943— 30, 1942. bO. 375 0.25% Feb. 17, 1943- b0.36 Jan. 6. bO. 34 0.25% Feb. 24. 1943 Jan. 13, 1943— bO 34 0.27% March Jan. 20, 1943 bO. 34 0.27% March Jan, 27, 1943 bO 34 0.28% March •No shares.—_— Automobile -shares 23, b0.35 —— bO..375 1942 1943 oar value, Cash sale—not 4.77 5.25 s 3.96 4.37 bonds are * Odd included lot 3, 10. 17, 0.30% b0.36 0.301; 1943—- hO.36 0.32% 1943— b0.36 0.32'f — 1943- 0,32% b0.36 market, tThes# b Yield priee. d Deferred delivery., r Canadian for year. x-Ex-dividend. y Ex-rights, tin default. sales, in range subject to all Federal taxes. Ask 1943— 3, Dec. Foundation Group Securities— 26c 1943 15, Mar 15, • 106% S'western Pub Serv 5s 1972.. Virginia Int. Rate Jun 2.95 —„25c Fund—— Stock General 2.29 100 103 ■% — Ask 105% Quotations For U. S. Treasury Notes 1.90 2,29 common.. .10 preferred.™ . 2.50 & B 1.90 .—1 mod... Forster 2.02 .—1 —— Accumulative series— • 3.96 15.69 . General Investors Trust——1 9.66 2125 Commonwealth Invest Consol 8.93 com—. 100 100 Securities Christiana ... x25 % 111 * Balanced 14.22 102 Indiana :•> of 109 1971..—. 100% 108 1972 Maturity— Diversified Trustee Shares— Shares—: 3.06 rib 1972—— Ask ■ Howard— 22.10 Fund '■ Fund—————1 Cumulative Delaware Eaton 13.22 Canadian A7% shares Dividend 20.44 Bullock v. -—-—10 preferred————100 B Common 5 Shares—. .10 Inc.——.,. —6 Industry Boston. Fund. v. A Forster Insurance— 3% Broad Street Invest Co Incj'j .—5 Basic • & D Investing— A Common A 6 2.75 11.36 . — Pub Serv of Okla 3%s Figures after decimal point represent one or more Crum 6.84 .1 % Bid Par Ask 6.29 .. 100 1952 Investing Companies Aeronautical Securities. 92 % Bid Ask 104% 91% Empire Gas & Fuel 3%s, 1962— 4 10 _ 3%s Par Bid 103% ■. 3%s, 1971 Fidelity & Guaranty Co__2 S S Guarantee. Westchester 71 69 36% —; 27% . 44'% _-10 __ Travelers Home Fire— _ Accident Standard Hartford Steamboiler Inspect._lO Homestead 42%' in¬ Springfield Fire & Marine- 24% .10 Fire. Surety security New Haven 28% 26% 10 — Hartford -•J AQuotations not furnished bv sponsor or-issuer. ■ iij <• m' hmwo THE COMMERCIAL & FINANCIAL CHRONICLE 2216 cates ' 1942—Month—1941 Period End. Oct, 31— revenues expenses taxes Other 6,282,626 6,836,335 239,273 114,636 -2,731,784 1,101,798 from 102,218 1,741,796 1,660.302 result 125,000 105,000 1,325,000 1,230,000 understand $409,223 $431,922 $3,998,046 $4,849,532 589 2,338 22,982 19,782 oper,. revenues— income (.net) for Int. int. Int. chgd. 143,750 1,716,375 143,031 1,400 28,173 Cr4,737 Cr56,555 to Cr5,348 Crl02,102 Cr22,674 Divs. 1,255,237 1,255,237 directors and $1,953,299 declared dividend extra an of & cents 2Vs during ,1941 were as follows: April T, July 1 and each; and Dec. 30, 15 cents.—V. 156, p. 1466. cents The stock, last 1, Oct. cents 35 payable quarterly share per 1,776,242 1,489 payment Pfd. declared on the record Dec, 18. cents per share was made been has of 25 of 25 each cents and 10 last,; and on Feb. paid on Feb.. 10, were The declared have directors stock, and 1942.—V. ...V:..;y share 3 Jan. on ing V;.;-■/.' • •" V'" v- • application to the SEC, corporation reveals that it has re¬ newed its proposal to purchase shares of South Coast Corp, from Phoenix Securities Corp. The petition is for exemption of the trans¬ action from the provisions of Section 17 (A) of the Investment Com¬ pany Act of 1940. :v.v' VCelotex proposes to purchase from Phoenix 93,100 shares of South Coast common stock for $325,850. Celotex endeavored to acquire shares of common stock of South Coast Corp. through open market In an , after purchases for the arrangement ail purchase was dropped. . market The $3.50 share. per from to And time of shares 93,100 one-half and one Bank the 156, p. 2096.," 10-year 4V2 % Operating revenues expenses—„ $4,706,242 3,076,570 2,439,959 ♦599,619 487,289 have 458,942 tax 507,000 2,909 /' 37,787 ■: 34,919 For / $237,893 $1,042,978 $64,709 117 vs./-' _,u_! $238,010 $64,770 bonds 18,959 18,959 880 840 — income $218,171 $1,043,794 $44,971 108,054 Net $613,598 1— Balance credit 'Includes Title The Insurance Angeles/ Calif., Trust & Co.. will receive bids for that the bonds. The 111 the open dealer or the of trustee, 433 So. Spring St., Los the sale to it of income leasehold on price after ♦-Attached $18,505,59 was available the for retirement trust indenture provides that "In purchasing market the trustee may purchase bonds from or lowest Trustee . of sum any to exchange prices or such inquiry each bond or of the bonds shall be as is $500 retired by, bond the and 1 March V. trustee, the with each participating The $100 to certificates As with 29, 156, p. seven ; bonds 8,235 -.29,297 2,000 ; 24,967 ; $359,002 attached $1,182,360 - ./ to the of rate been declared holders made $1.50 of made were cents on on share per 15, Domestic Sales in 14. > Dis¬ 30.and June preceding ...■ quar¬ ;7; ■ // Company) ■; 1942—3 Mos.—1941 1942—9 Mos.—1941 $795,446 t$2,040,532 $2,007,515 $1.80 $1.84 $4.51 $4,41 and excess profits taxes. account of Federal on No effect refunds- of " 1148. p. after giving been excess 156, Also, taxes overprovided in the given to any credit on profits taxes. fOn 335,320 has 10, C. C. Cunningham, Island Lines of the since 1 ' - Western Division Superinten¬ January, 1942, has been ap¬ Panhandle Division of the railroad at Liberal, Kansas; He will replace G. R. Branch a leave of absence to enter military service. granted . Ended Sept. 30— 1942 1941 $31,402,061 _r profit $25,802,322 26,186,721 22,029,580 $5,215,340 etc. $3,772,742 „ — income; 80,236 70,651 $5,295,576 income $3,843,393 disp. non-operating property^'—-I!!! ♦On 96,085 243,263 ■ income 2,624,825 1,196,076 129,250 • 109,380 $2,125,447 per common share 1,150,176 shares of $1.35 stock.—V. Federal tax and $1,546,049 income surtax profits p. 1016. ' 1942—3 Mos.—1941 profit normal . $1.53 156, City Stores (& Subs.)—Earnings— net $2,441,852 — common Period End. Oct. 31— Consolidated 1942—2 Mos.—1941 $1,024,708 $3,220,200 $1,773,566 ; ■;: . and taxes (estimated) Proportion applic. I v y[':I'A'.'f ■-■■v!''';.' . 954,410 453,600 106,775 238,355 $464,333 - 2,029,210 107,366 to $952,635 685,900 1''. , interest Net profit from oper. Int.; $1,058,724 on parent etc. ; $484,273 com- funded pany's ' . ;; ,'i; 225,972 $861,694 debt, , • , -r—73,308 Consol. 227,223' :' 86,119 254,601 net profit ap¬ plicable to City Stores $1,100,105 16,152 Co. $1,083,952 —v. $410,965 156, $378,214 $725,412 $607,093 1414,;!.1 p. Cloverland Dairy Products Co., Inc., New Orleans, La. with corporation has Redemption— called for redemption as of Jan. 1, 1943 a 1st mtge. gold bonds dated Jan, 1, 1928 Payment will be made at. the Whitney National New Orleans, successor trustee, Whitney BIdg., Gravier and St.: Charles Sts., New Orleans, La.—V. 134, p. 2527. total of at $50,000 par Bank of and of m <;« int. Colonial Jan. 15, 14; cents; (& Stores Inc. eight cents each.— Subs.) —Earnings— 16 Wks. End. Nov, 8, '42 Aug. 16, '42 f$672,763 $0.92 five subsidiaries nok previously Consolidated adjustment made during the quarter of the excessive provision for .Federal taxes charges in the first quarter. Also in¬ cluded are net credits; amounting to approximately $415,000, mostly and excludes the -Earnings- 39 Weeks Ended— ♦Profit before Federal taxes_-__" Federal income taxes— . , 15, — ♦Includes the Income of common Dec, July 15 and Oct. 15, last, Oct. , 2035. p. Assistant Superintendent of the Missouri-Kansas headquarters at Trenton, will succeed Mr, Cunningham of the Western Division,; with headquarters at Nebraska.—V. 156, p. 2035.. ♦Earnings 7,166 4,201 follows: and of per ,t$780,123 —Bonds Called for 27. per share 172,791 Loss 1942. as cents holders the on 31, paid profit Total 52,055 computed in accordance March Jan. 59 to record March on ...V Hcrdman, Months Federal 156, p. 2035. during; 1941 were cents, and July 15 of 15 Jan. with Operating 23,033 67,543 profit —: '$936,921 Earnings per, common share—$1.48 thereto dividend payable at has 24 were stock—V. Rock been B. Other 1941 22,164 . $1,062,925 $354,885 have been ; '•■V. 4,117 Period— are Dec. Depreciation, Federal i. 1942—9 Mos.—1941 $1,161,930 -2,239 taxes in to 1414. Net $40, ^ 22,604 1942.—V, 15 Dec. year. post-war minority 12 Wks. End. at the reasonable." bond. 9 1941. 30, $394,204 Champion Paper & Fibre Co. a share Fed effect give Company $352,694 Disbursements participating certificate representing a certain number of shares of the capital stock of Central Hollywood Building Co., namely, 10 shares with each $1,000 bond, 5 shares with each to holder available the trustee shall deem of $352,694 cents each compared as bonds any has Gross directors on Dec. 16 declared quarterly dividend of nine cents share, payable Dec. 29 to stockholders of record Dec. 19. Payments seven share per income this the excess published figures herein /"// City Ice & Fuel Co.—Earnings— :: 1942. earnings ■ Superintendent have been computed taxes D. remains 1-,- . 156. share common Fairbury, $2,307,711 $2,571,188 said in any over-the-counter market which at of with George Young but only to the extent earned.—V. Superintendent Eric as The per Sought— to an amount sufficient to exhaust the cash available purpose in the sinking fund. It was announced on Nov. 30 that Act 16,497' taxes income of of Division, Chemical Fund, Inc.—9-Cent Dividend— mortgage bonds for profits excess taxes-- Act of initial an par cumulative amount Federal of The adjustment Central Hollywood Building Co.—Tenders v $1,151,316 deductions Federal 1949. p. succeed per $1 headquarters who 5,286,860 1942—3 Mos.—1941 income Revenue 156, to $2 adjustments of with $505,544 of $160,164 to adjust tax provisions to amount required by the Revenue Act of 1942.—V. 156, p. 1859. the ..':f $694,730 ' for to pointed $7,594,571 5,068,627 adjusted income ♦1942 108,054 . the 1 $7,639,816 1,751,005 $394,034 other & actively associated Robert R. Net 'profit $2,902,321 comparison, than been President Chicago, Rock Island & Pacific Ry.—Appointments^— 20,427 Sept. 30— income Gross Int. 10,092 : $802,784 applic. to pref. stock for the period- Federal has request. charges including Federal taxes, tlncluding realized sales to foreign subsidiaries and after charges and pro¬ Effective $7,574,144 Revenue income 903,380 205,927 2,685 and net state , $7,637,131 Earnings other Taxes, to as all half dent 1,744,138 2,402,125 6,754 $1,113,390 appropriately admin, & is payable like com. per on Shares pay¬ $2,895,567 1,661,695 the on v"-""?''.Vr last, as against 156, p.' 690. account 1942—9 Mos —1941 364,012 $2,775,086 : income 'v- stock, of $2,773,550 -I— of well as Minority interest income Gen. 227,500 13,510 1943, 1,536 with purposes Period End. $851,190 227,500 v Jan. A on 1,158,513 83,143 income— Federal been Total 10,557 -it net I.''';:-;/;', $840,633 816 61 first (& Subs.)—Earns. 730,927 1939, own declared A (And vision preferred stock by adjustments recorded subsequent to Sept. 444,500 -- income Dividends . 37,750 49,000 (net) interest Net 410,913 2096. p. inc. taxesj. deductions- accordance $5,674,867 26.634 redeem 428,067 (net) income oth. ♦1942 in 21,973 2,998 mortgage on 1942—12 Mos.—1941 209.421 revenues.-- 963,739 income-.--- income & $363,446 res. approp. taxes- of lieu oper., Consol, limited-term oper. Gross int. Power Co.- -Earnings— 21,548 income Other Int. 258,336 investments Other Net $461,649 taxes 4,723,004 prof. taxJ profits exc. ♦Crl08,l26 taxes 29, profits $9,642,503 $28,238,658 $26,326,134 4,696,814 14,026,300 13,446,638 955,184 2,808,662 2,657,834 966,771 income Gross />'_ ;/.,;/■ / 156, 1942—3 Mos.—1941 have of $5, of ♦After /■ . appointed trustee, paying debentures due Feb. 1, 1947. 1942—Month—1941 Operating Net & Other V/ ' ■ Period End. Oct. 31— of payable /;/ will; has been Co. Central Arizona Light & Amort, share, 7 Trust & agent and registrar for retire, per date. Appointed— Chemical Federal $3.50 at from year taxes cumulative $9,938,274 expenses in block cash and 6'/2 % /_-;.T— Taxes , entire in Trustee Prop. Operating Charges in 1,281,235 have been computed 1942.-—V. South West Utilities Co. Sept. 30— revenues— oper, exc, the Other Total ♦Federal tially to, 7378 elected his board.—V. any year, par tEarns. outstanding Central & no ♦Federal chase $1,456,950 to their one-half -i-v. a 1,281,235 profits at Period End. Sept, 30— ♦Net profit ———— the within acquired The only and Period End. shares at prices lower than number of shares are offered offers limited present at that price. Advised by investment bankers opinion no substantial number of shares could be any reasonable time without paying a sum substan¬ excess of $3.50 per share, Celotex has arranged to pur¬ time in that at 427,078 excess: the V I 6^2% Preferred Paw All Dividend Arrearages On Said Shares The price range of $2!% to $3 y2 per share, at an average cost of $3>/4 per share. 427,078 elected refinancing Chicago Pneumatic Tool Co.—Earnings— the holders thereof $105 per share. Payment will be made City National Bank & Trust Co., 208 So. La Salle St., Chi111. ,;i.vv. /V'l - V ,:V =:.; The company has declared payable on Dec. 21, 1942, to the holders of the 6J/2% preferred stock of record Dec. 2, 1942, all cumulative, and unpaid dividends on said preferred stock to Oct. 1, 1942, amount¬ ing to $47.12V2 per share, and has also declared payable on Jan. 1, 1943, to holders of such preferred stock of record Dec, 2, 1942, a regular quarterly dividend of $1.62'/2 per share for the period from Oct. 1, 1942, to Jan. 1, 1943. .• Holders of the 6'/2%: preferred stock may at any time receive pay¬ ment of the full redemption price of $105 per share, together with pa.yment of said cumulative and unpaid dividends to Oct. 1, 1942, amounting to $47.121/2 per share and said regular quarterly dividend of $1.621/2 per share at the trust company's office.—V, 156, p. 2096. petition states Celotex has acquired approximately 17,000 shares within a 1,364,253 $1,605,652 and R. since been stock dividend ters.—V. $2,957,964 1,501.014 $2,969,904 ' 497,309 - the Revenue Act of have in Drl,200 $640,697 t income directors issued at . , $2,959,164 Pr915 cago, Proposal To Buy South Coast Celotex Corp.—Renews Shares— 3556. 151, p. per made were $2,970,819 $1,037,691 T $1,138,006 who, has class A tributions require; Federal Stock—To the the July 3, 1941 cents 75 each cents A 217 454,126 the class effect 21. and dividend of a 90 1,137,254 v $1,137,789 ; Dr441 ann. recent Chicago Flexible Shaft Co.—$1 Common Dividend— Central Indiana Gas Co.—To Redeem The on of div. H. 31. annum 10, payable Jan. 2 to holders of record Dec. $30, par distributions 269,000 of Dec. The 205.242 $583,565 per sh. per ■"1942 Cayuga & Susquehanna R.R.—Smaller Dividend.— commoh $6 the 146,052 961,000 330,000 , 491,308 $1,038,133 ■ Bill is retiring directors stock, . in accordance with Nov. Semi-annual 88,667 Newton, on record 4.916 4,908 1,201,166 381,490 96,000 deducts.!. income stock at 10, 1941, while on Dec, 15, 1941 an extra, payment of 75 cents was made.—V. 156, p. 1465. /•./■:' ././. /;•; .1 Aug. May 10, 1,444 v, 118,000 income provision House matters, who The share 1. 710,189 398,436 V income. (net)—.. by Chicago & Eastern Illinois RR.r—Initial Dividend— ■ 571,593 345,000 other & Net 23 to holders of Dec. 1941 134.241 taxes., oper; of Chairman -Earnings1942—9 Mos.- E, Brooke 678,297 income Gross Int. 1942. 10, Extras of $10, par regular Nov. on dividend extra An common Net . Other caused previously announced to the above figure, for Federal taxes on the Revenue Act of as Chesapeake & Ohio Ry.—New President Elected.— Sept. Castle & Co.—Extra Distribution.— (A. M.) Co 592,554 - base to instead Carl $4,328,810 $12,530,774 $11, 975,355 . 667,617 prof. taxin lieu of inc. profits taxes- exc. write-offs a railroad per quarterly dividend of 5 cents per share oh the common stock, both payable Dec. 30 to holders of record Dec.21. Distribu¬ tions of 5 cents each were made on April 1, July 1 and Oct. 1,' last.; a Payments Service 4,350,023 Fed. than of income. on fully consolidated, basis. These. revisions adjust the consolidated net income, for the first quarter of this fiscal year, from the previous report of $0.58 per common share to $0.92.—V. 156, p. 1687, per 257,633 franchises-— income Charges 2 '/z order 1942 as 1,398,887 TA--'-— other Taxes, ♦Federal have value of approximately $21.07 stock,"—-V. 151, p. 3556. 1942—3 Mos.—1941 ♦Federal exc. The sheet balance The 233,363 Depreciation Carriers & General Corp.—Extra Dividend— share as certificates, $4,286,142 i. Maintenance " 1859, in on the with holders, 1,463,167 '$3,208,536 Amort, of —Vttl156,ep. in other, words, certificates. We participating certificates high as $10 per share for basis a capital . $2,435,137 the period preferred stocks for to on effect the based fRevised from $486,479, participating the Public Illinois revenues $299,195 $275,303 individual the made book a Period End. Sept. 30—: Operating $1,179,900 applic, reflects the. outstanding Operation income Net to bonds represented by 1942, 31, Central Cr56.909 Crl3,845 . attached on from been to taxes the as 15.361 CY4.713 on than retained have 1,725,000 ,10,036 debt deductions. to issued are $4,869,314 $4,021,028 construct. & of prem. Amort, $434,260 $409,812 bonds— mtge. on Other —— income bids, that stock the Oct. at rather brokers the that share Gross brokers bond longer no Net Other due participating certifi¬ new shares majority of the bonds offered to the trustee for retirement have come 102,660 , of retain their interest in the capital stock of the even though they have sold their bonds to the. Trustee. company's announcement further adds: "In the past, the The —— taxes retire, res. approp. and number same company ——— Federal Prop, 714,856 549,221 Operating the Monday, December 21, 1942 bondholders the ' 1942—12 Mos,—1941 $1,468,532 $16,079,252 $15,677,967 $1,425,377 — representing bondholders whose bonds were purchasd for retirement; Carolina Power & Light Co.—Earnings— Operating together with the bonds, cancelled, are (Continued from page 2188) i* 'h'jt r a J' *; i ; Net 639,714 $512,635 /♦After all charges. / Note—The the able Sept. 26,'42 Sept. 27,'41 $1,152,349 $919,105 '■■'profit income on — basis upon reduced by report the for of ,'/; - states nine the that months Revenue $447,667 ;y' /:/''>l,. provision ended Act 471,438 ! Sept. of for 26, 1942. Federal 1942, Excess has taxes been profits upon accrued taxes pay¬ the 1942 earnings amount to $528,113, which sum has been (a) $66,000 representing three-quarters of the sum recov-» (Continued on page 2221) Capital Flotations In the United States During the Month of November and foi the Eleven Months of the Calendar Year 1942 Placement of the .smallest of corporate securities in November during the course of the war. Government borrowing necessarily must continue to catch the full limelight, a was month this year and also the smallest in amount of any month since January, 1935. The total for the month just past amounted to $18,209,876 as com¬ pared with $46,280,000 in October last; $131,811,350 in November, 1941, and $7,726,000 in January, 1935. ' The any fact that is avail the bond 25.7% is not promising, although the month of December has had two public offerings, viz.: $12,500,000 issues to the total instead of resorting to • financing represented new for the financing month $4,679,000 or and $13,530,876 or As already stated, for refunding purposes. publicly offered securities for the month was the only 1st & two stock emissions aggregating $459,876. vately, - This aggregating $17,750,000, compares with $31,780,000 or 97.4% or 68.6% were The balance pri¬ of the total. so placed in of the month's total consisted of five issues placed < themselves of bank loans 74.3% date general mtge. 3^s and *$3,950,000 Southern Pacific Co. equipment trust certifi¬ cates. Security dealers are not deluding themselves with looking for any great revival of corporate financing Treasury's^ur- any bond market. Of The immediate outlook for corporate Central Maine Power Co. emphasis in the war bond campaign. Prospects for re¬ corporate issues are remote, while the pro¬ cedure for corporations needing new money has been to dormant condition of the capital market resulted in the note issue. new rent nine billion funding public offering of only two small stock issues aggregating $459,876. There was no public offering of any corporate or finding October, the $14,765,000 or 25% in September, $62,618,000 in August, $20,320,850 or 33,7% in July and monthly average of $36,706,188 or 30.3% for the first six months of 96.9% or 1942. ♦ ' Municipal financing for November aggregated $17,016,303 as compared with $30,645,000 in October and $69,817,163 in November, 1941. Of the November total $7,224,693 and was for new money $9,791,610 was for refunding purposes. Below we present 1940, showing corporate financing ary, a tabulation of figures since Janu¬ the different monthly amounts of as revised to date. Further revisions1 1942 figures Will undoubtedly be necessary from time to time,, particularly as additional private financing is brought to light in annual reports and other-places-.■ 4 of the THE COMMERCIAL & FINANCIAL CHRONICLE Number 4135 Volume 156 SUMMARY „OF —*1941— New Refunding Capital January- March. Total New Capital $ $ $ Total Refunding $ Refunding New Capital 1 s 170,032,190 52,928,677 275,687,665 328,616,342 35,469,718 137,994,832 18,900,500 75,609,375 46,549,770 227,012,100 273,561,870 46,004,059 211,341,581 Details of New 173,464,550 257,345,640 78,585,120 86,634,370 115,287,655 201,922,025 31,527,491 103,799,050 140,956,164 617,987 420 804,100,237 113,001,268 453,135,463 566,136,731 Long-Term First April May quarter— 97,114,003 June ______—_____— 115,641,003 39,469,665 107,180,735 146,650,400 59,175,210 192,497,442 108,898,100 63,874,177 197,102,123 260,976,300 89,787,130 84,280,300 138,513,000 90,916,785 113,390,374; 204,307,159 9,771,328 101,476,480 111,247,808 277,033,033 86,019,070 363,052,103 194,260,627 611,933,859 158,733,668 378,254,222 499,512,854 quarter 226,975,234 726,488,088 380,373,444 1,035,660,652 1,416,034,096 271,734,936 831,389,685 1,103,124,621 417,673,232 Central bonds series — 27,509,976 — August 60,229,326 64,618,000 30,436,500 183,729,412 49,833,450 242,447,950 292,281,400 Connecticut 67,938,134 112,893,538 180,831,672 Rollins 161,391,300 789,110,070 195,656,013 68,006,465 65,594,785 731,183,463 185,778,049 420,936,273 606,714,322 IRON, November December 200,711,420 47,728,100 345,346,770 393,074,870 89,427,250 131,811,350 168,943,139 93,942,646 262,885,785 76,792,513 59,061,554 135,854,067 62,198,558 334,579,682 396,778,240 18,209,876 13,530,876 4,679,000 —___— 97,050,220 42,384,100 — __ 1,058,991,033 Co. and months Twelve Sachs to OF FUNDS Treasury Financing In November that debtedness was offered late the and was in October Security J;:; 3% Co. bonds, first 1 8 91 bills day Treas. 91 day Treas. bills July 22 91 July 29 bills 2% Treas. bonds. U. S. Savings bds. Depositary bonds. Tax anti'n. notes July sale of bills. July $2,035,131,000 raised by the sale of Certificates of Indebtedness, $1,507,000,000 was used to retire an out¬ July standing issue of certificates due Nov. 1, so that by this operation the Treasury added $528,131,000 to its funds. smaller than in Oc¬ tober, amounting to $741,207,848, as were the sales of Tax Anticipation Notes, which amounted to $781,622,500. The Treasury also sold $8,664,000 of Depositary bonds, so that for the month of November $2,655,847,348 was indebtedness. new 1 Total Of the public debt gross on $96,115,750,455, which compares with $55,039,819,926 on 30, 1941. Nov. STATES UNITED TREASURY institutions, Sterne, through due Dated Offered Amount W, & 352,511,000 350,648,000 ' 352,409,000 352,883,000 1,236,107,300 : 1,609,327.000 705,498,769 7,031,000 417,944,100 150,400.000 250,692,000 251,726,000 250,936,000 5,384,359,169 903,754,000 5 May Ctfs. -Of Indebted. U. S. Savings bds. Depositary bonds. Tax antic'n. notes Aug 15 1 Aug Aug Aug Total for 1st Sep 16 Sep 23 Sep 30 21 Sep 25 Sep 1 Sep Sep 26 Jun July 1 July 8 ♦0.360 671,366,000 301,758,000 99.909 646,058,000 91 days 3 August 300,056,000 99.908 ♦0.365 99.908 ♦0.365 99.907 *0.368 99 907 *0.369 91 days July 15 91 days' July 17 July 22 91 days 697,266,000 301,186,000 351,861,000 July 24 July 29 91 days 645,242,000 350,308,000 July July 15 9% yrs' 3,849,495,500 915,112,618 2,097,279,400 100 2,220,000 2,220,000 100 2. 388,179,900 100 8 •< 1 10-12 yrs 12 years 1 2 years 1 July 1-31 July July 1-31 July July 1-31 July 650,704,000 388,179,900 915,112,618 6,714,600,999 1,455,681,000 for September— 91 2 day Treas. Oct 7 91 16 91 fvh- Oct 23 99.906 *0.372 594,007,000 350,648,000 99.905 *0.372 Aug 19 711,549,000 352,409,000 99.906 ♦0.372 91 days 91 days 91 days Aug 26 91 days May 5 20-25 yrs Aug 15 11 % mos 1,236,107,300 99.907 352,883,000 1,236.107.300 100 3,272,818,000 1,609,327,000 100 10-12 yrs '705,498,769 Aug 3 Aug 352,511,000 Aug 12 July 31 Aug 7 Aug 14 Aug 21 Aug 5 582,900,000 6 Aug 1-31 Aug 1 Aug 1-31 Aug 1 Total for 705,498,769 Oct 8 2% Oct 8 1%% mtge. serial 4V4% bonds serefunding. Sold privately 7,031,000 7,031,000 '0.369 1 U. notes Treas. S. —_ — _w„ ______— ________ 2 years Tax Oct 417,944,100 _— Nov 6 day Treas. bills 91 day Treas. bills day Treas, bills Nov 13 91 Nov 20 91 day Treas. bills Ctfs of. indebted. 2% 1 bonds Treas. Depositary Tax Total Total 350,874,000 99.907 1,303,412,000 6,479,254,357 ; - 500,044,000 501,485,000 501,422,000 % 501,722,000 2,035,131,000 '* 741,207,848 8,664,000 bonds. antic'n 99,907 Sep 91 days 882,351,000 402,059,000 99.907 November. for Sep 91 days 795,564,000 400,037,000 99.906 Sep 91 days 725,763,000 401,288,000 99.906 Sep 21 7 m 9 dys 1,992,483,000 1,505,727,000 10 Sep 25 2 V2 yrs 3,636,638,900 1,606,178,400 100 1.10-12 yrs 1-30 Sep 12 years 1-30 Sep 2 years Sep 1-30 Sep •J'". 761,936,949 months Sep Sep . for Total ■■■;■ . 761,936,949 929,302,650 September a 6 months Notes Total July 2 Oct 91 days 773,618,000 400,572,000 99.907 *0.369 Oct 14 91 99.906 *0.373 21: 91 days 505,072,000 99.906 *0.373 Notes Oct 23 99.906 ferred with 28 days 893,167,000 504,529,000 8 Oct 19 8-10 yrs 1,960,785,000 1,960,785,000 8 Jun 5 4 yrs 2 m 10-12 yrs 2,139,892,600 942,155,457 1 91 Oct 1-30 Oct Oct 1-30 Oct 12 years 1-30 Oct 2 years 921,352,300 Total < VA 2,139,892,600 100 7,870.000 Oct 2 100 942,155,457 a 100 2 921,352,300 100 b . T / (no August— ' 100,000 56,046,000 & October for Notes Oct 30 Nov 4 91 days 6 Nov 12 90 Nov 13 Nov 18 91 Nov 20 Nov 25 91 Oct 28 NOV 2 Nov 1-30 Nov 1 Nov 500,044 000 99.906 1,013,151,000 501,485 000 501,422 000 99.907 *0.373 99.906 *0.371 501,722 000 99.907 *0.370 1,157,405,000 1,149,026,000 3,105,014,000 2,035,131 000 741,207,848 741,207, 848 a a 8,664,000 8,664 000 100 2 781,622,500 1 year 781,622, 500 100 b 10-12 yrs 12 years Nov 1-30 NOV 2 *0.373 905,637,000 days days days Nov 1-30 NOV Total 7,782,666,357 — years • Co. 10,080,000 Va 100 October— 42,818,000 & Total '... October for 11 a of which discount basis at 75, B, and about 75,524,000 191,000,000 32,286,000 95,000 21,075,000 21,170,000 bank discount basis, series E have a 10-year and yield 2.90%; Comprised of three sepa¬ maturity, series F have are sold series 0.48% C-1945. a,nd series Series C, A about earn about 1.07%. on a a 1.92% a year, Ltd. $21 15,000 shares per share. Ori¬ y-'% Copper .Price par), Corp. 50,000 shares of common stock $30 per share. Originated with Smith, Co. Inc. Co., 229,125 Northern A stock (par $25). (Del.) 47,000 shares of Class Price, $4% per share. Of¬ by Paine, Webber, Jackson & Curtis. fered by States Power Co. (Minn.) 1,000 shares of $5 stock (no par). Price, $10834 per share. Of¬ & Co. Bair Davis 1554,850 Parke, & , States Power Co. common fered Price, Co. Co. $24Vo & ' ; 23,000 shares of common stock (no share. Originated with Shields per j . . fl,268,950 Phelps Dodge Corp. 50,000 shares of common stock (par $25), Price, $25% per share. Originated with Smith, Barney & Co. : ' ■' '■ • 190,905,000 11,211,000 223,286,000 Price 202,116,000 . ' • ' 4,200,362 Phillips Petroleum Co. 81,575 shares of capital stock (no par). Price, $41% per share. Offered by Blyth & Co.* Inc. ..." ■ Certificates 12-year matur¬ ity, are sold on a discount basis, at 74, and yield 2.53%: and series G have a 12-year maturity, are sold at 100, and bear 2%% Interest, b Comprised of six separate issues, designated Treasury notes of tax series A-1943,. tax series B-1943, series A-1944, - series B-1944, series A-1945 27,161,000 par). Co. Barney & —— —— — 1318,500 United stock November ——— series 11 months — 5,812,393,000 4,006,981,000 Shoe Machinery (par $25), Corp. 5,200 shares of common Price, $61.25 per share. Originated with Reynolds & Co. Co. 6,750 shares of common stock (no par). per share. Originated with Bacon, Whipple and Paul H. Davis & Co. 1129,937 Walgreen Price, months ——————.49,830,332,218 ♦Average rate on series, 102,685,000 Smelting Co., & (no 220,000 Merchants Fire Assurance Corp. of N. Y. 5,000 shares of capital stock. Price, $44 per share. Offfered by Blyth 37,910,000 37,614,000 stock .November- Total rate —— 5,090,000 22,071,000 :'j Total Total ———— 43,000,000 59,685,000 Certificates : •- Electric Co, 12,500 shares of common stock (no $30 per share. Offered by Lee, Higginson " common (no , Notes^ per Price 11,500,000 Kennecott 247,164,000 .r. of common stock Originated with shares share. 4,333 $9'/2 Co. 1124,500 International Salt Co. 3,000 shares of common stock (no par). Price, $41% per share. Originated with Wertheim 240,244,000 289,982,000 v Corp. Price, & ginated with Smith, Barney & Co. 5,571,298,348 __ Container $5). Corp. 6,920,000 32,738,000 shares of common stock (par $5). Originated with Hemphill, Noyes '; 375,000 General 137,509,000 17,000,000 September Co. & ' (par & 272,982,000 Boyoe. \ 108,750 Northern preferred —,i_——— Notes Total for November par). Anthony 141,163 Gaylord 164.900,000 *27,391,000 56,146,000 & Bros. Co., Inc. 17,750 shares of common Price $30% per share. Originated With & & CO. ■ j 239,815,000 193,655,000 by Stern 240,000 Dresser Manufacturing Co. 15,000 shares of common stock (no par). Price, $16 per share. Offered by Blyth i''& Co., Inc. 22.850,000 216,965,000 28,675,000 of $5 pre¬ Originated /;•,,'v/- Co. & t57,000 Cuneo Press Co. 3,000 Price $19 per share. ' - par), Peabody Tucker, 903,284,000 10,150,000 18,525,000 165,000,000 28,655,000 Light Co. 29,000 shares - Price $19 per share. & (no Barney privately par). Total Power stock 1355,775 Congoleum-Nairn Co. 21,400 shares of common stock (no par). Price $16% per share. Originated with Shields . $ . Electric Co. 10,000 shares of com. stock $19% per share. Offered by Lee, & Cluett, of .%'• New Financing Price, Smith, stock -..J./;'/ —i; —— Certificates ' $500,000 Corp. Placed f545,813 September— a 7,870,000 1943; 1, *143,080 Bayway Terminal Corp. 196,000 shares of common stock (par $1). Price (approximately 70c-75c per share). *0.373 Oct Oct Oct Gas 1551,000 American Net Issued Retired 268,490,000 — Certificates Oct 713,102,000 984,842,000 400,438,000 16 days Sept. due 0.80%, t315,000 Hudson Bay Mining ..V 33,000,000 235,490,000 . August— 7 Oct 7 Issues Credit Banks consolidated deben1942: $24,130,000 0.70%, due June 1, (no $10). ipar 12,366,857,600 37,463,474,618 3,831,011,000 3 — — Oct Oct Inc. Chalmers Higginson 2,655,847,348 4,734,295,000 ^ July— b 929,302,650 100 first Certificates 6,714,600,999 organization and financing per¬ Price, $3 per share. Offered Purpose, due Jan. 2, 1943; $3,800,000 0.50%, due Feb. 1. $3,000,000 0.50%, due March 1, 1943. Purpose, ($45,520,000), new money ($17,125,000). Price 198,750 American FINANCING -"'Issued 1943 $ 2. 5,910,000 100 5,910,000 and Manufacturing Co. 16,000 shares of com¬ pari. Price $25% per share. Originated with Shearson, Hammill & Co. 352,511,000 147,533,000 350,648,000 150,837,000 352,409.000 % 149,013,000 352,883.000 148,839,000 1,507,000,000 528,131,006 " 741,207,848 8,664,000 781,622,500 2,915,451,000 49,830,332,218 ♦INTRA-GOVERNMENT Total VA a H. Rol¬ Rauscher, E. by up Co. and Government Agency stock mon — 5,571,298,348 ,0.65 100 & agent. t$408,000 Allis *0.373 10 11 *0.370 25 for ♦0.369 18 Gibson issues Not Representing *0.368 11 taken shares C. companies. Co., & $31,215,000 fiscal ___ 781,622,500 notes : *0.367 351,288,000 W. Intermediate Federal par). 709,828,000 . UTILITIES 1943, and refunding 5,384,359,169 872,936,000 classes : $1). Wertheim 91 days 91 days Inc., finance 1943; 921,352,300 7,782,666,357 91 NOV. Sep taken at par, while of common stock are all and prices.) Unsubscribed Hodson 0.50%, 7,870,000 7,870,000 921,352,300 - notes October— Nov. 100 value par offering *7,300,000] tures, dated Dec. 1, 1,960,785,000 2,139,892,600 942,155,457 • 942,155,457 bds. bonds. antic'n. for 30 Nov V, va 2 Sep through Harris, Hall & Co. Co. Farm Loan 55,345,000) •i 5,258,919,999 _ Savings Depositary Oct .28 2% 100 417,944,100 August Purpose, value par Sons, & (par by 99,573,000 50,908,000 101,066,000 98.788,000 99,530,000 1,505,727,000 1,606,178,400 761.936,949 5.910,000 929,302,650 1,960,785,000 2,139.892,600 bonds—1 Treas. Oct a 12 years 1 Aug 1-31 Aug 891,602,000 & sonal 4,480,605,169 504,529,000 bills 91 day Treas. bills Total 5,007,960,918 July Goldman, MISCELLANEOUS ' Total and Co. $99,000 Crown Capital Corp. 33,000 shares of common stock Class 100,516,000 99,252,000 153,210,000 154,221,000 day Treas. Oct . no their Pierce > 300.056,000 301,186,000 351,862.000 350,308,000 400,572,000 400,438,000 505,072,000 bills bills day Treas. Oct Oct 2 a a of at lins — 251,301,000 300,380,000 300,993,000 301,249,000 301,758,000 "Kb July 10 . stated a companies. " Oct July & Hutton $360,876 Southern Union Gas Co. 240,584 shares of common stock (par $1). Purpose, refunding. Price $1.50 per share. Offered to holders of common stock of merged constituent 19,369,446,427 months—— 6 & (publicly offered issues), par. Offered by Charles F. Dunn, 9 Total first mine Peabody MANUFACTURING companies, PUBLIC 4,557,704,918 202,111,000 99,956,000 100,683,000 101,947,000 —— 1,236,107,300 ——1,609,327,000 —; — 705,498,769 7,031,000 ' 417,944,100 91 day Treas. bills 350,874,000 91 day Treas. bills 351,288,000 91 day Treas. bills 402,059,000 91 day Treas. bills 400,037,000 91 day Treas. bills 401,288,000 Ctfs.. of indebted." 1,505,727,000 114%''Treas. notes 1,606,178,400 U. S. Savings bds. 761,936,949 Depositary bonds_ 5,910,000 Tax antic'n. notes 929,302,650 2 Yield Price % Total Purpose, Kidder, Leach. E. Mills. Paper insurance of stocks computed — day Treas. bills day Treas. bills day Treas bills dav Treas. bills 2V2%'Treas. bonds 91 91 91 91 5 Sep Accepted Applied for Due 1955. through Agee AND A, due 1948-1957. three . 450,256,000 Aug 26 FINANCING DURING 1942 Amount are 301,758,000 " 300,056,000 150,073,000 151,113,000 150,058,000 201,803,000 150,125,000 200,183,000 ' 2,097,279,400 915,112,618 __—____ 2,220,000 388,179,900 — .5,007,960,918 Aug 19 ■ Date H. Co. & stocks preferred 5,338,303,600 3 4,031,142,827 July Aug 12 Sep Nov. 30, 1942, amounted to day Treas. (Preferred . . A Aug Sep The day Treas. bills 91 July 15 "V >N-;$ a\>.: 301,758,000 300,056,000 301,186,000 351.861,000 350,308,000 : 2,097,279,400 915,112,618 2,220,000 388,179,900 91 day Treas. bills July 15 raised in E. Stocks Indebtedness : $ Refunding 19,369,446,427 months— 6 July approximated $500,000,000 and the maturities in November were all around $350,000,000, so that the Treasury Department raised $596,222,000 of new money in November by its Treasury bills offered each week Sales of War Savings Bonds were and Co. through Placed privately with four Ala¬ Price, par. New '' ' Accepted , :-:i; : Total ' $ Dated Julv dated November 2. The Co., $12,500,000 Total Amount Type of United States Treasury were confined to its weekly Treasury bill offerings and an offering of %% Certificates of In¬ of Insurance & Fibre Co. 3%% 1st mtge. bonds, due refunding ($8,020,000), general corporate ($2,980,000). Placed privately with institutional investors, ries operations Life Insurance ' financing refunding. Paper *1,500,000 Northern USE November fund bonds, Placed pri¬ sinking mtge. 1st Purpose, Purpose, purposes •Revised. The to Co. Life INDUSTRIAL OTHER 736,382,782 2,026,195,056 2,762,577,838 1,556,603,363 2,615,594,396 Iron Ward, *$11,000,000 Champion 773,869,098 1,052,738,895 278,869,797 468,376,837 198,495,874 269,880,963 quarter note STEEL, COAL, COPPER, ETC. financial 1957. Fourth Mutual development. 457,512,985 1,252,325,958 1,709,838,943 1,358,107,489 2,147,217,559 103.661,200 46,280,000 43.845,700 2,434,300 —i: 20-year pay 133,601,250 bama October Co. 1962. 4%' mtge. Purpose, Sold privately to Connecti¬ $4,750,000 408,736,626 910,217,500 296,149,084 614,068,416 months— 1942. Sons. & *8500,000 Woodward Nine Gas due 1st Co. 1, Insurance Union series Oct. Price, par. vately with Northwestern Mutual 322,446,837 34,264,713' 58,882,086 69,173,850 3%% 133,697,550 86,628,380 327,402,743 28,445,586 quarter— Southern ; UTILITIES due A, Life 74,427,157-401,829,900 47,069,170 6,018,000 114,555,562 September Third 32,719,350 58,600,000 July Later Maturing (Issues Telephone company. Mutual cut 536,987,890 *3,650,000 months., Six Notes PUBLIC *$1,100,000 Illinois parent Second and Than Five Years) 174,067,430 61,685,570 Bonds 251,672,652 5,806,500 76,827,430 —J———u- 18,527,000 103,091,600 ——__ — 363,435,985 Capital Flotations During November, 1942 135,326,541 186,112,817 117,794,420 * 39,209,300 222,479,821 w—iU~- kind $ 82,846,364 56,708,875 <- _*.* Total we give complete details of the capital flota¬ during November, including every issue of any brought out in that month, tions --*1940 — 87,185,826 ; February \ s $ Below 1940 CORPORATE FIGURES BY MONTHS, 1942, 1041 AND *1942 2217 & Co., 1,805,412,000 $19 Vi $11,885,555 •Comprises sales of special series certificates and notes; certificates Fund, and notes to Federal Old Age and Survivors Insurance Trust Account, Civil Service Retirement Fund, Foreign Service Retirement Fund, Canal Zone Retirement Fund, Alaska Railroad Retirement Fund, Postal Savings System, Government Life Insurance Fund, National Service Life Insurance Fund, Federal Deposit Insurance Corporation, and ♦Indicates issues sold to Adjusted Service Certificates Fund and Unemployed Trust Federal Savings & Loan Insurance Corporation. placed privately, tlndlcates special offerings., with comprehensive tables on the following pages the November and the 11 months' figures those for the corresponding periods in the four years preceding, thus affording a five-year comparison. In we the compare Total 12,650 4,0 ,0 19,780 4,752,673 $ 15,2 673 40. ,0 25.0 0 21,70. 0 157,8 25 395,807 98 Refundi g 85,26 50 4,0 ,0 18.436,0 107, 180 40, 0 21,70. 0 5,12651 174,9 51 $ -1938 ' Capitl 8 New Total 40,0 0 37,8450 1.34,70 4,752,673 3.~73~85 5,405,8 0 $ 103,6950 Refundi g 8,27 0 26,"35 7", $ -193 Capitl 15,4830 ~ 8~16~2 5 5,405,80 $ New Total $ - -1940 S — Capit l New 20,89347 Total $ 1 ,7340 575,0 0 15,693.0 3,80,750 Refundi g 29,35 0 13,048^60 $ -194 New 57 ,0 82,39 50 2,645,0 3,80,750 131,688,94350 5492,4,06..025192,607 42,3810 Refundig 13,70 360,876 13,50876 45,20. 9,71,60 4,580, 0 9 ,0 0 Capitl s New SOUM AFRY 4,679,0 91708,8,61 ONEFW 12,475208 13 7,o "6o 5,0 ,0 1,94,70 90,834. 3 4.69,57 1,52 ,50 6.2 ,075 9,52 .0 2.185,0 750, 0 6,907,5 "750~30 1,52~50 21,640375 "o48.67 Refundi g 1,329,0 10.8350 2,750. 24, 50 "295,30 0 3,0 ,0 65,9310 2,0 ,0 2,0 ,0 14,059.10 375.0 6,036,296 5. 41.250 26,01 64 1.329.0 24.89 10 23,150 30,461.296 3,592~6O l6,54t~250 93,426 70 ,0 *"_25~0 1,2 0, 0 49,320 2.5 0. 0 38.0 0 15.0 , 0 3,654,0 2,0 ,0 2,943.19 23.840, 14,35.0 624,985 2,09.4 "25,60 908,750 13,2075 1,540,3924"660 1,952,0 19,502.350 1,2 0, 0 62.57 50 3,0 ,0 42.67 0 15.0 ,0 3,654.0 3.952,0 3.207, 50 1.952.0 6.453,750 1,2 0. 0 40.687,250 3,0 ,0 35.672,0 4.906. 0 3.952,0 89,427 50 9 .0 0 9 ,0 0 10 ,0 $ Refundi g 1^8405 3,74.0 10,940 3,654,0 80 ,750 16,0 1 ,7340 —624,985 575,0 0 450, 0 125,606 2,0 ,0 82,39850 13,04860 21.8405 6,795.609 10,94.0 3,654,0 10, .0 3,048,60 29,35 0 New 57 ,0 "450, 0 "125,060 4,750, 0 50 ,0 0 12,50 0 17,50 Refundi g 3,650, 0 9,520, 0 13,70 360,876 i,To " 5& 50 ,0 2,980, 0 1,294,0 360,876 4.580, 0 Total 68,42 CAGHRANORUPDTINE Capitl obtained 2,5 7,63 1,52 ,50 1,450" 26.85,7 Capit l 1J0. 0 37,4950 2,50, 0 34,2530 4,906,0 17,250 7,24,693 29,08693 1,52~50 8,79,708 9,52 ,0 79,02513 750. 0 7,0 ,0 1,9075 2,745.0 4.69 ,57 6,350, 0 28,954785 25,1690 16.2910 23,749 85 32,670. 3.617~65 $ -1042 107,8 6,0937- 21.84,50 6,20,0 6,41.37 5,670. 0 240, 0 462.0 3.2~5o76o 43,520873 462,0 0 14,05910 9 ,985 7,54,70 $ 19.72,860 18,436 0 63,045 0 4,65,30 40, "0 2,0 ,0 2,0 ,0 Total 18,209876 62,450 17,0630 $ —1942- 89',427 50 459,876 s 2, 08, 0 "750T36 New —1941 24,532673 84,30 6,20,0 1,07.63 5.670. 0 240, 0 40, 0 462.0 0 3,250,6 15,2 673 25,1690 152,70 2,750 25,1 .0 "716,30 0 3,~io 6o 231,9 0 $ Capitl 23,840. 14,350 31,6750 50,64 30 17,50 Total 15,4830 $ 31.675,0 69,817 63 1234,760,574 CISOTURNPHIEAED FCFGLOOOAVRREPRENIGMANDTT,, Capitl $ 750, 0 5,364.37 70,0 0 462,0 2,5 7,63 $ 178,3296bSftFGrtamhaoeouvngdicyerpndlmsaeysl. SFTMONFVAHEERBRI FTMINONUAFHVCERPGBLR New 8,27 0 Total YEARS FYEIVARS Capitl 16,0 863~704 2,079435 Rcfundi g 74,~28sf,5o6 7,6ock6o 5,0 ,0 1,94,70 2,3 -1940 20 ,0 2,5 7,63 New 93,426 40,0 0 37,8450 $ 67,2951 70,0 0 13,780 4,65,30 103,6950 $ Capit l 9,52,0 85,0 8,91 891 10,4650 7,50725 41,85042 $ 40,0 0 21,8450 6,0 ,0 1,05,0 5,60,0 20 ,0 3,250, 0 13.780, 20 ,0 0 10,2 673 4,0 ,0 85,26 50 4,0 .0 40, .0 $ -193 4,0 ,0 9.52,0 76,47506 750, 0 7,0 .0 7,208, 0 2,745,0 Total 90,834 3 25.80 12.85,620 129,50 43 26,857 $ 40,0 0 6750, 6,0 ,0 1.05,0 5,60,0 20 ,0 0 40, 0 3,250, 0 12,650 4,0 ,0 8 12,475208 25,80 80,95136 218,4034 21,640375 S Refundi g 45,26 50 -1938 43.520,873 25,0 60 152*37^54 231.9 0 2,0 ,0 26,459.10 2,495,685 Refundig 65,9310 2,0 .0 25.9 36 416.250 Total $ $ New 459,876 4,01 ,876 42,38410 5.1 0,876 50 ,0 0 12.50, 0 360,876 9 ,0 0 9 ,0 0 .168,943 13,81350 9,520, 0 18,209876 13,50876 9 ,0 0 1.0.0 50 ,0 2,980. 0 4,679,0 NOOVEFMBR boannodtesds stock stock boannodtdess stoc,„k stock foreign- bonandotseds*_ stock stock corpate GovernmtforegoviegrnmntGaangvdc,ies♦Mun&icpal—tStes,S,Potaseeisn toal fdiginfnuucroloedstes OFNOVEMBR BNootanesd-s utiles cceooptat_l.,r,mnuf acesori indamuansunftcrtdrigl-.! bueildtcng.s, thtrrouaelddstiicnngg.,,,Miscelanous BNooantdess utiles cceooptalr,,manufces ori.indamuasnnturfdcltrig bueildtn•cgs, . Itntvhrreusaotemldsdnti,incngg,.,,Miscelanous utiles cceooptal,r,manuf acesoriindamuasnnturfdctlrig bueildtcn.gs, thtrroauedlsdtinicngg.,,,M;iscelanous _ i : utiles c;ceooptal,r,manuf acesoriindaumasnnturfdctlrig :bueildtncgs, :;tthrruaoedslditnicng,.g,M,isc1elan■ous csoerpcuraitte MONTH DtCorp ae— omestic- Long-termShort-em Pref red Com on Candian- Long-term Short-emPref red Com on Other Long-termShort-emPref red Com on Total Can dian Other Loan Farm Grand United ♦These * MONTH Long-Term Railroads Public Equipment Maotnords Other Irsoten,l, oil Land, Rub er Ship ing Investmn Total Short-Tem Railroads Public Equipment Moatnords ste l, Iron, Total Other Land, Rub er Oil Ship ing Stocks- Railroads ste l, Equipment and Public Iron, Motors Other Land, Rub er Ship ing Oil Investmn Total otal— T Railroads ste l, Equipment and Public Iron, Motors Other Land, Rub er Ship ing Oil Investmn Total VO Total $ .62,50 531,254 -1938 Refundl g 6.758,0 19,63 10 1.0374,85 S Capit l S.■:< New " Total 62,50 759.106 3.582.0 36,19 25 14,75840 . 65,38.907 79.50, $ 1.59 0 78, 10. 152,73.98 ■ 958 813,70465 25,0 . ,9657120 , Refundi g 74,30. 130.28,95 365,18 79,50 1.3247,1 S 40. 0 64.970 14,3 .50 5 , . 1029 1.8437014 1.03 249 10.34 0 5.83,25 15.289,64 16.76921579 Total 40. 0 25.0 , 0 1.07 9 0 487.90 236,0 4.0 .0 750. 0 $ 150. 0 1,40 . 0 40,0 0 462,0 10 .0 3.984,520 17.32 45 1.56,92 46.820 45 932,50 2,0 .0 10,34.0 120. 0 21 .0 Capitl 15,930 260.84 0 154.9 ,0 91.28,175 183,90.65 5,890 37,1 0 . 470 ,0 5,10, 0 462 100 4 25 18 177 1.67.0 6,758,0 2,0 ,0 30.0 0 40.0 0 1, 89.0 32 ,0 10. 0 823.45 5.302.0 4857,4791 32.90 35 478.60 97.82 0 2.587.30 13,780. 3670.54 —_I —20,3 20,17354 3,541.25 1.56,92 40. 9, 1 932,50 462.0 10 .0 3.964,20 51,07 65 15.930 346.2 5 136.529 3,582,0 13.70816 186.032195 5.930 37.130 ' New 266 462.0 4.10 0 9,4372 0 104,250 10.9 ,0 69,720 217,0 12.840, 21,05 0 65,7 0 'S• 1 0, 98. 1.06 5380 9.50,0 7,260, 0 5 0. 0 9,0 .0 52.0 0 78,10 134.7 3 2.0 ,0 2.680. 0 64.971,59 1,275.0 10,0 213.90 12,83791 218.5,203 19,58.0 1.2097,53 106.8 0 10.9 0 2.680 134.9871 27.350 12.940 213.90 21.05 0 13, 2.981 Refundig $ 31. 8,0 1,02. 748 94.0, 0 7.Q0. Q 32,07 16 16,7253 8,218,20 19,05 0 45,92 0 9.50,0 5.80, 0 9,0 .0 50, .0 74,30 0 128,705429 Total •: .. 172.856094 1,50 0 71,8 419 9930 0 1.0897 620 16.823,9 180. 45 25180.932 40950 1035.00 000 0 0 152.20204 12 $ 67-, .61,89230 ,518.302 890, 0 Refundi g 10, .0 805,6 .35 4.52.0 38,91825 32,689305 12.47860 97,82 0 -1938 50 . 0 ,42960.35 .035,78 1,950. 8 6.0 0 750, 0 =. 425.80, 8349.1056 5.2360 250. 0 25,93.0 1.06,4 195 159.07 130.2 0 216.0, 18,369.50 135,0 4.0 0 6,04.0 $ -193 . - - -v • 408,1 3 1,53 71 130.649,13 40.6380 18,456.5712 94.0 0 7,0 .0 32.45129 170.2653 8.218,20 19.05 0 97,460571 000 676 000 000 000 662 447 880 900 Capit l $. 260.581, 3 510. 0 2.49,37 65,17319 352,67495 59,20 924,30 862.9 461 4 New 450. 0 .'t 1,460, 0 5 0, 0 Capit l 78.960, 48,56.372, 350. 0 3,90.0 37.950,184 5.37,4 4,62180 2,0 0 19,850 $ 9 5.468.304 2,0 ,0 2.680. 0 64.53478 2,50,0 4,510, 0 New • ■■ .. : 1.275,0 10 .0 213.90 1,30241 87,603.92 2.0 0 3,652.410 78.960, 5 .434. 1 .90 . 3.90 . 2.680. 513. 648. 4,721 213 • 56 102 000 310 935 000 000 264 000 000 000 780 000 159 5,0 ,0 910, 0 2135,984760. FYf3iEOIAV0RS. 17,0654932.48 1,083.35264,971192,9487462947,508.3036 YFMEN3OIAVD0RTHS. 35,290 925,630 39.805, 6,250, 0 139750, 17.30, 12,30 1.350, 16,950. 2.61.0 14,0 . 0 15,0 0 37.510 120.894 10 2.934,985 5.40.0 81.4 364 875.0 1,40. 0 3,629.780 52.46159 269.01,298 2,059 7.30 37.510 197-0.29 71, 08 790, 40 1.03 75 0 5,32.0 Refundi g 1,54936.70 26.510 146.3,792 3,68 21 329. 70 407,1.639 3,20. 0 Capitl $ 54.27093 1.0 0 51,47 98 67,42796 460,7 . 0 623.70,861 2,150 Capitl $ 132,46.93 234,697. 5.70 0 6.250 41.527,65 1.80, 1,03280 350, 0 109.48270 Total 2,16 5370 38.129,50 20.93 25 78,53 204 4.0 .0 891.357,61 1.50 , 0 6,938.0 Total 32,01. 0 1,207 .90 71.80 0 215732.80 140,975.0 31,9260 50, .0 12, 0. 5. 0 , 0 2.350. 0 7.450. 0 Refundi g 107, 5.0 836.0472 62.40 0 3.498,0 127,03517 84,65.0 30,72 0 4,60. 0 57,28 95 5, 0 , 0 9 0, 0 7.0 0 150. 0 5.241,965 18. ,965 108,3 95 16.078 57 124, 0712 1.3205, 945,62.75 69.40, 0 3,4980 143.0274 84.650 30.7230 4.60, 0 62,530.86 1.360, 0 450. 0 179,50 17,25803 19,24753 24i389,70 12,76.80 18,379.82 15,046 17 204.3206 390.15 970 9.850, 0 3.40, 0 520Q8.6395 56.3J90 1,203 0 5.40,0 250. 0 90,58.967 Total $ • $ -104 - Total s 5.0 .0 Refundi g 2 .83 602 690. 5,903 34,10 97, 2.735 105, .0 1,09720 52,467930 $ 1949- 212.,36,647959780.384 32,41259,.,313087079654..670189 261,01582,3095474?6.93870967 E_L—1,045.7293FfGtbSroehamvtoaodugnrincmypienldseyls.MFTTNISONCULOSOHDNRHAVEPIRFEWEASD TEFAMFLGFILNOUOHOAVRVEECRRINDPGMGNT, New ■ 1,924.0 S v - ' 1941- Refundi g 1.354291 18. 965 123,608.32 802,380 New ^'•: \• $ 421,875 83,601.35 2,0. 0 107,25.80 31,58.34 - ;• Refundi g 34,167290 .0 5,304,924 3,053,46 (•>*» CORPATE, OSUMFARY J Capit l New 421,875 489,3.06 1.20.0 10.82 4 28,304897 10. ,0 1,0 . 0 27.48561 2,5985 4.09,0 48.36 875,0 1.40 0 2.09780 32.05, 2 250, 0 329,50 $ -1941 Capitl 24,360 364,018 9,40.0 3,40. 0 8.239,83 56,319.0 1,203 0 5,40,0 250, 0 54,921" 05 New 21,,7917548035609 '-■ Total $ -;V - 4.65,80 36,58.0 4,70.0 3.0 ,0 26.750 128,30 5.47.50 " 95,0 18720. ' - 10,9324 Capitl New CHAR TE 250 032 6 2 1 18.379,827 279,45 129 37.510 1,6354.7852 79.250 1040.9705 31.9260 50. ,0 250. 0 153.089,27 6,9380 34.9785 • - ;;'V 2.535 1.48,10 34,167290 1,0 1.0 95,0 0 29,10 19,2680 2,50,0 3,0 ,0 207,19.360 108,37450 2.015,0 17,80 489.34,06 95.0 0 47,2 .6 59.743,95 15.0 0 2.53,20 6,02.875 130,5476 29,10. 16.5 ,86 2.50,0 3,0 0 26.935,1 574, 0 2.015.0 2,53.20 23,80 75 1,20,0 1.20, 0 4,0,0 4.0 ,0 8,358,370 15,4 850 248,7509 2,0. 0 58.36091 20,95 0 3.42,50 2,87 ,270 ' 621,8716 91,06 0 3 ,2057 8 325 40 ,0 Refundig 15,4 .850 247,6980 2,0,0 5,483.640 19,25 0 3,42,50 31932.846 263.09C8 264.085 0C0 4.C90 89.10 12.6750 80 1.40 0 09.780 1.350 15.07,2 95,0 0 48.72,6 62, 1.065 15.0 ,0 2.53 20 10.2,875 138.906,2 4,65.80 415,26 7 4.70,0 3.0 ,0 296,0 5i4.50 0 5.47,50 320 288.7250 . 83,6015 GARONUPDIN -1942 229 1.306 2,0.0 2,0,0 3 132 784 2.50, 0 38.129,50 132,71.45 128.35 7 '- 475.28,49 1,50 0 974,0376 497,25.0 50,43107 10 ,0 V s 35,260 406,2150 172, 5497 931,6 57 J -1943 1,948927,15.5800 1,2560 910, 0 5,0 .0 26,510 - S ' 4.0 ,0 671.80 416.075,382 S Capit l ' «£ 807,94568 19.24753 7,31593 7,30824 Total ■ 6 342 360 93.408,369 375,0 1,306,0 3,07 528 1.530, 20.41,07 150. 8, 4 6207.8232 237724 31.475,0 0 0 13.6 23 19.50 1.097,20 1.530 7.83907 2.561,0 14.0 , 0 1 New 259. .047G 739. 250, 5.40 . 2 3.602. 175. 12.130. 1.40 . 629. 1.350. 396. v-. 124 notes and 36521,28.670 NME3NOOND0TVH.S boannodtedss —._ stock-— stoc—k_- bonds stock- stock foreign- bonanodtedssSh:"ort-em stock stock—-. 1corp.—ate Governmt—forgeoveirgnm—nt-Gaavncides,S&t:a.tes,,SPostaeei_nIs ffdiunignculoodresets N3EMNOODN0VTH.S NBooatnedss _ utiles—-. ccootpaerl,,manufc—s. :eori inmdaanuufsncttrridg-l — bueildtncgs, —- httreoraludtcisn.g,,I'_— NBootaensd-s utiles eccotop.a-l,,manufctres. —o_i inmdaanuufsncttrridg-l bueildtnc_gs, httorerauldtscin.g,, _ ut•iles eccotopal,,manufct—res oi inamdaununsftcrtdrilg — beuiltdc—n.gs, —_- —httroeraludtcisn.g,, — .—. utiles-,—: ecctco.oal,,mapufct—r_es •oi.— inmadaununsftcrdtrilg — beuiltdcn._gs, — _ htrteoarludtcisn.g,, — "seccourpritate 11 DtcCrpoae omestic Long-term Short-em Pref red Com on Candi - Long-term Short-em Pref red Com on Other Long-term Pref red Com on / Tctal Can dian Other Loan ♦Municpal United Farm toal Grand -Thes 11 Long-Term Railrods Public Irsoten,l, Equipment Maontdrs Other Investmn Miscelanous Short-Tem Railroads ste l, Equipment and Total _ Land, Oil Rub er Ship ng Public Iron, Motors Other Land, Rub er Oil Ship ing Investmn Miscelanous Total Stocks- Railrods Public Irsoten,l, Equipment Maotnrds Other Land, Rub;er Ship ng Investmn Miscelanou Oil otal— T Railrods Public Irsoten,l, Equipment Maont drs Other Oil L-md, Rub er _— Miscelanou Ship ng Investmn Total THE COMMERCIAL & FINANCIAL CHRONICLE 2220 Monday, December 21, 1942 Week clearings this week show a decrease compared with ended Friday of 13.4%. center there is a loss for the week a year ago. West Week Ending 1941 S 606,824 + 52,8 4,268,000 3,199,000 + 20.4 49,381,093 50.996,782 1,981,923 + 20.1 1,890,669 129,283,247 38,628,282 111,942,065 + 15.5 98,203,092 84,217,648 38,259,636; + 10.0 33,158,390 27,163,194 Z~ 248,702,911 216,011,781' +15.1 187,617,253 167,553,854 (6 1 cities) 1,370,406 435,098,359 —10.5 604,000,000 —13.9 — 354,368,235 "125,000,000 135,189,356 138,200,000 208,488,000 *185,000,000 - 209,025,287 31,394,534 Cleveland Mobile + 10.1 220,405,180 ■!- — Baltimore— ————.. 180,106,611 + 2.7 114,717,204 + ; Total 1,320,232,785 1,358,061,145 —— $7,274,109,669 7.976,226,397 Other cities, five days— Total all cities, five days (10 cities) 1,772,272 1,724,709 + 20.0 1,467,650 1,273,160 + 47.6 "25,050,000 18,654,000 35,076,285 3,829,362 + 8.0 26.922,475 25,931,383 37.6 + 2,758,847 2,238,858 217,471 + 22.7 159,233 174,205 59,891,061 + 22.1 46,842,557 48,845,334 311,651,981 —. Grand Rapids 264,883,346 +17.7 214,583,356 198,343,264 District—Chicago714,793 ——i_„ 586,746 —J. 4,142,528 Lansing ; Indiana—Fort Wayne— Indianapolis.— 8.8 —27.4 266,910 Michigan—Ann Arbor 2.8 — — 3,007,446' "1,500,000 25,055,000 5,270,536 —10.0 $6,618,165,252 71,200.000 73,156,305 — 14.5 $5,953,876,884 23,307,455 78,500,000 — 37,882,954 5.4 — 25,365,957 17,8 Mississippi—Vicksburg- Seventh Federal Reserve five days 4,994,160 1.2 + 7,295,765 *1,800,000 Louisiana—New Orleans—. + . 5,744,365 + 98,300,000 36,972,062 Alabama—Birmingham—— + 12.8 229,600,000 0.9 30,710,956 2,183,808 Macon- Florida—Jacksonville 7.5 — „ Augusta . 8.5 — 155,900,000 * San Francisco—— 7,228,006 31,091,400 115,800,000 „ Georgia—Atlanta $4,238,972,200 324,267,440 —- Ten cities, 4,854,000' 716,009 Columbia—Washington— District of % —13.4 520,000,000 Boston Pittsburgh + 17.4 58,083,524 Maryland—Baltimore Total 890,633: 1939 2,379,575 Carolina—Charleston Nashville 1942 $3,672,992,681 — City—*—' $ 69,948,754 Richmond Tennessee—Knoxville .——_______ Philadelphia Kansas 1940 1,046,053 7,417,000 . Virginia—Norfolk Our comparative sum¬ 389,317,049 York..,. . Dec, % Sixth Federal Reserve District—Atlanta— 19 Dec. Virginia—Huntington., South by Telegraph Clearings—Returns New 12 Inc. or $ Fifth Federal Reserve District—Richmond— for the week follows: mary Dec. 1941 $ Prelim¬ inary figures compiled by us, based upon telegraphic advices from the chief cities of the country, indicate that for the week ended Saturday, Dec. 19, clearings from all cities of the United States from which it is possible to obtain weekly clearings will be 6.6% below those for the corresponding week last year. Our preliminary total stands at $8,728,931,603 against $9,348,460,914 for the same week in 1941. At this Bank Ended 1942 THE COURSE OF BANK CLEARINCS + 21.8 2,618,093 533,992 547,761 —10.9 4,649,887 2,556,257 3,915,264 3,579,339 2.4 2,224,302 1,665,801 — 1,454,821,934 Total all cities for week 1,372,234,517 $8,728,931,603 — $9,348,460,914 6.0 ,+. South 6,6 — Accordingly, in the above the last day cf the week in all cases has to be estimated. In the elaborate detailed statement, however, which we present further below we are able to give the final and complete results for the week previous—the week ended Dec. 12. For that week there was an increase of 6.5%, the aggregate of clear¬ ings for the whole country having amounted to $7,378,761,603, against $7,857,794,320 in the same week in 1941. Outside of this city there was an increase of 12.4%, the bank clearings at this centre having recorded an increase of 1.0%. We group the cities according to the Federal Reserve Districts in which they are located, and it appears that in the New York District (including this city) the totals show a gain of 1.1%, and in the Boston Reserve District of 8.8%, but in the Phila¬ delphia Reserve District the totals show a loss of 3.9%. The Cleveland Reserve Dis¬ trict has managed to enlarge its totals by 21.8%, the Richmond Reserve District by and the Cleveland Reserve District by 17.7%. The Chicago Reserve District an increase of 2.4%, the St. Louis Reserve District of 10.0% and the 15.1% Minneapolis Reserve District of 24.2%. The Kansas City Reserve District is able to expansion of 27.0%, the Dallas an 2,364,222 6.3 25,878,000 23,013,000 + 1.8 2,598,825 + 21.8 6,393,557 6,303,511 + 17.2 25,165,923 25,098,528 8,840,614 Reserve District of 22.2% and the Decatur •,— following furnish we ——; 9,649,539 SUMMARY Week Ended Dec. New 3d 4th Richmond Atlanta 389, 895,598 358,396,556 4,000, 136,834 3,955,728.437 " 542, 017,043 564,110,672 " 562, 420,350 461,689,583 12 cities 1940 Missouri—St. Louis St. To.al 8.8 317, 489,175 Pth 3,730, 092,883 4,088,090,177 510 498,070 455,622,826 389 762,777 10th Kansas 248, 702,911 216,011,781 + 15.1 187, 617,253 " 311, 651,981 264,883,346 + 17.7 214, 583,356 198,343,264 " 542, 510,706 530,056,373 + 2.4 445, 669,591 512,675,783 254, 867,309 231,767,488 + 10.0 186, 511,193 179,249,981 " 188, 817,231 151,988,523 + 24.2 123, 609.107 120,167,733 10 " 242, 012,275 190,548.260 + 27.0 154, 460,588 " 120, 402,684 98,549,515 + 22.2 79, 444,183 150,769,496 84,150,540 10 " 454, 359,398 355,031,069 + 28.0 292, 146,693 Francisco — 111 cities Paul Canada ; 32 . 7,378,761,603 + 6.5 6,631,883,869 + 12.4 3,025,395,140 add 504,228,952 414,422,114 +21.7 358,085,864 343,690,652 our Week 4,701,730 4,439,582 100.1 + 1.1 1,611,354 1,397,790 5.8 1,723,048 1,706,995 + 2.4 445,669,591 512,675,783 + 21.6 103,215,560 100,700,000 4.6 3.3 45,794,845 36,834,788 34,304,692 666,000 597,000 186,511,193 179,249,981 — — 124,400.000 + 21.8 231,767,488 +10,0 — — 1 43,648.289 3,902,736 124,350,674 6.5 3,013,556 3,228,996 100,053,960 + 24.3 48,003,350 ; 38.399,969 + 25.0 80,637,858 31,533,569 30,345,925 10.6 2,814,750 2,462.822 3,690,074 i— 3,664,277 + 3,336,299 + 78,894,018 1,453,809 1,231.392 + 18.1 973,600 784,306 1,420,351 1,225,163 +15.9 994,864 963,751 5,996,237 4.077,463 4 47.1 3,635,910 3,487,915 188,817,231 151,988,523 +24.2 123,609,107 120,167,733 — Tenth Federal Reserve District—Kansas City- Nebraska—Fremont— Lincoln 212.633 130,451 + 63.0 195,454 +•15.1 173,224 175,179 3,558,163 3,287,948 + 8.2 3,580,232 2,909,896 62,535,678 44,522,914 + 34,060,946 3,115,779 2,232,346 5,575,309 4,784,526 159,685,605 129,490,793 5,109,341 4.135,848 —. : _ *225,000 - Hastings—— : — Omaha— — Kansas—Topeka Ended Dec. i Missouri—Kansas City. St. Joseph— ; — — Colorado—Colorado Springs Pueblo 1,103,791 827,879 890.976 940,301 242,012,275 — — (10 cities). 100,341 128,253 40.5 37,407,374 + 39.6 2,088,594 + 16.5 3.997,682 2,942,602 + 23.3 101,871,846 3,709,748 103,242.847 + 23.5 2,237,204 3,659,574 33.4 744,461 626,469 5.2 787.086 786,526 190,548,260 +27.0 154,460,588 150,769,496 + — Eleventh Federal Reserve District—Dallas— Texas—Austin— 2,840,742 ,— the Galveston— Wichita • —— . Falls _L„ Louisiana—Shreveport— +40.8 1,773,049 1,752,683 76,220,402: +25.0 62,094,000 66,531,465 13,112,582 L 2,017,198 95,262,579 ——— Fort Worth 12 — — Wichita—-—: 2,928,842,022 detailed statement showing the figures for each city for week ended Dec. 12 for four years. + now 1,109,082 767,000 - Dallas We 424,195,480 1,277,369 934,000 (7 cities) 6,885,750,795 3,558,886,647 cities 356,385 351,189,637 62,159,297 Dakota—Fargo—— Total 7,857,794,320 4,001,654,237 - Outside New York City 407,913 0.1 44,841,191 272,795,993 11th Dallas 22.5 + District—Minneapolis— Minneapolis St. 167,553,854 7 City 1,417,339 + 254,867,309 Ninth Federal Reserve 357,821,741 + 21.8 " Minneapolis 4,030,997 59,270.416 Minnesota—Duluth——z 298,509,407 1.1 3.9 + + — 4 10 9,569,660 3,903,562 43,362,893 , (4 cities) Total 17 , — Louis 10,448,632 $ 6 Chicago fith 1,522,984 5.0 —43.4 530,056,373 151,300,000 —— Kentucky—Louisville—— Tennessee—Memphis—— Illinois—Quincy- 1939 $ " 6 3 . 7th Total Inc. or 11.1 Eighth Federal Reserve District—St. Louis- Helena- Dec. % S " Cleveland — York— 32tli San 1941 10 Philadelphia 542,510,706 (17 cities)——————, 2,290,230 2,014,693 CLEARINGS 12 Boston 2d 6th BANK $ 7 1st Itth OF 1942 12 Federal Reserve Districts 4,823,559 2,265,423 1,897,573 Montana—Billings by Federal Reserve Districts: summary 399,068 2,824,336 1,880,311 + 13.7 + — 422.033,481 1,597,689 Rockford——— Springfield-; North a 5,122,580 422,474,307 . . 1.661,836 12,524,204 488,699 —. Peoria. South Dakota—Aberdeen In the 1,846,285 5^824.720 Illinois—Bloomington— Chicago—--——_————. San Francisco Reserve District 28.0%. 28,702,325 11,898,607 — Des Moines Total 7,257,170 33,616,336 Sioux City has to its credit record 2,173,499 .+ 3,395,044 Wisconsin—Milwaukee Complete and exact details for the week covered by the foregoing will appear issue of next week. We cannot furnish them today, in as much as the week ends Saturday and the Saturday figures are not available at time of going to press. this + 14.9 26,664,000 3,456,423 — Iowa—Cedar Rapids— our from 2,489,121 28,351,000 Bend— Terre Haute_ "Estimated. in 2,859,913 ———. All cities, one day— —_ 11,813,358 + 11.0 8,666,623 7,510,452 3,119,000 2,447,000' 1,098,230 1,318,334 4,969,551 4,733.223 120,402,684 —— 98,549,515 +27.5 2,000,000 3,029,000 —16.7 1,038,283 1,082,163 5.0 3,872,228 4,244,777 +22.2 79,444,183 84,150,540 + * 1942 1941 Clearings at— + :!. First Federal Reserve District--Boston— / Maine—Bangor 763,823 — Portland Dec. % 1939 828,502 — 7.8 633,186 509,199 3,462,023 + 49.2 2,739,144 306,701.133 + 10.0 272,450,076 1.260,446 —24.2 1.060,885 816,679 449,462 561,574 —20.0 373.222 424,891 Bedford———— Springfield— 1,071,229 . 1.7 3,926,559 16,661,146 8.2 2,618.401 —19.4 13,812,031 + , — 6,608,200 5,773,369 + 14.5 4,840,950 14,137,300 1,100,969 + 4.4 13,510,500 5.7 358,396,556 + 8.8 5,175,748 ——— 618,600 317,489,175" 667,965 298,509,407 New York 5.2 10,270,700 Newark 492,80+ 1,074.450 —24.3 997,112 875,624 3,819,874,956 + 1.0 3,606,448,729 10,435,429 + 10.1 — 5,292.292 409,684 383,425 22,960,295 „ 5,908,184 7.075.852 ... 25,322,364 31,379,710 + < San Jose——-'—,,-—-: Santa Barbara ; + 28.7 18,275,714 19,494,265 —— - 8.3 + 4,391,442 4,572,073 4,073,121 —27.2 3,819,082 3,671,216 + 22.4 171,754,993 162,607,000 4,113,872 + 34.8 3,216,022 2,815,497 1.928.231 " . 1,749,256 + 10.2 3,980,388 3,664,275 + / : 8.6 1,775.386 2,020,619 3,083,759 2,711,778 ' Total (10 cities) Grand Total 454,359,480 — 355,031,069 7,857.794,320 1,378,761,603 4,001,654.237 fill cities)— 3,558,886,647 10,373,663 3,956,908,773 9,698,933 Week 1942 +28.0 292,146,693 272,795,993 + 6.5 6,631,883,869 6,885,750,795 + 12.4 3,025,395,140 2,928,802,022 $ Inc. Dec. or Dec. % 10 1940 —:— $ 1939 — $ 5,103,801 4.781,935 Winnipeg—--, 4,583,422 4,199,649 Vancouver— 624,024 540,213 9.3 22,396,963 21,822,889 6.9 28,512,966 129,931,457 116,446,358 + 11.6 104,889,470 98.067,228 121,729,158 Toronto———— Montreal Ended 1941 $ Canada— 0.5 — 5,828,067 204,073,000 5,544.067 — — 22,547,535 2,965,795 J — . 1,236,217 34,440,077 249,682,082 —— U-; 6.8 +' 39,227,251 1,340,603 39,731,199 6,314,291 — Pasadena San Francisco— + 33.7 — 44,758,493 + 42.6 1.221,333 5,878,810 ...... Jersey—Montclair— California—Long Beach—, 39,500,000 644.387 11,484,824 Syracuse Connecticut—Stamford 1,197,115 38,900,000 + 53.6 3,856,140,083 — 8.1 11.8 897,913 813,131 ... 1,499,490 48,200,000 — 42.1 + 29.2 29,028,181 City Stockton + 1,557,391 49,385,578 15,221,365 1,379.485 Rochester New — 1,378.635 Jamestown Utah—Salt Lake 58,038,974 2,011,721 70,411,802 —— Outside New York 5,460.224 53,900,000 Buffalo Elmira 82,492,922 ——. 12,516.700 + Second Federal Reserve District—New York— New York—Albany.. Binghamton Yakima— 2.284,925 13,111,375 4,855,350 ( — Washington—Seattle. Oregon—Portland 3,702,248 389,895,598 —. (12 cities)— 867,931 , 1,163,269 4—. Rhode Island—Providence New Hampshire—Manchester—. Total 256,460,560 905.621 + 23.3 2.869.516 2,291,584 ; 14,755,600 Connecticut—Hartford— New Haven— + 3,987,701 3.105.571 13.429,733 — 1,052,877 4,917,963 . — Worcester— (6 cities)———— Twelfth Federal Reserve District--San Francisco— 337,510,225 Lowell Total \:v ( 5,165,149 River New 1940 or —955,374 Massachusetts—Boston—— Fall $ Inc. 100,551,298 + 21.1 92,378,859 83,812,600 8.9 49,712,914 79,537,283 15,058,331 57,205,702 62,772,002 25,543,770 Ottawa——A-——- 18,292,770 i 57,913,056 105,241,387 — + 39.6 16,400,507 + 81.7 18,551.073 10.5 41,521,397 5,282,545 (12 cities) Third Federal Reserve 4,000,136,834 2.4 3,238,494 2,753,943 2.2 5,541,668 3,730,092,883 . 7,841,561 7,398,541 + 6.0 5,641,622 7,027,406 2,538,036 2,287,470 + 11.0 1,820,559 1,943,492 1,898,340 + 3.5 1,791,354 1,648,764 + 2.4 John—. 2.947.642 569,938 —19.3 825,046 660,596 ... Lancaster 438,962 595,254 + 11.0 538,775 *600,000 585,357 427,211 + 1,668,968 1,399,719 2,729,126 Wilkes-Barre. 547.000.000 1,312,121 Scranton 1,671,572 527 nno.ooo Philadelphia. Reading 3,064.427 1,254,036 Jersey—Trenton 1,166,808 1,854^369 York. 1,878,997 4,477,800 (10 cities). 542,017,043 6,178,600 564,110,672 — — 2.5 585,682 464,797 0.2 1,409,254 1.315,285 3.7 494,000,000 440,000,000 1,597.357 — — 1,639,080 2,791,255 7.5 1,044.912 1,518,018 New —27.5 — 3.9 5,916,800 5,468,300 510,498,070 455,622,826 4,361,939 4,263,393 5,094,661 4,654,627 541,253 —_ —— — Hat Peterborough + 20:0 + 682,745 1,177,574 727,426 7 Bherbrooke—_— 451,089 772,847 1,714,849 435,748 — Westminster- Medicine + 32.7 + 41.8 925,435 Fort William 1,818.243 1 3,381,741 Cincinnati 3,368,970 + 0.4 2,875,867 2,742.863 97!900]824 —„ Pennsylvania—Pittsburgh + 12.7 72,517,565 68,685,252 + 29.8 132.957.465 15.413,800 Columbus Mansfield Youngstown 86.878,298 153,820,479 123,961,305 585,281 1,518,474 + 25.4 715,855 625,861 1,091,553 + 7.9 898,025 886,340 990,972 898,656 + 9,2 980.488 + 3.0 662,285 732,694 380,710 + 14.5 382.832 226,411 707,356 14,530.600 6.1 15,939,400 14.595,000 7.4 1.939,462 1,697,762 + 1.927,687 2,081,796 3.356.785 3,870,126 —13,3 240,746,234 197.139,322 -*•22.1 160,270,332 461,689,583 T21.8 389,762,777 357,821,741 876,402 1,302,893 3,643,702 3,401,522 Prince Albert Chatham — 842,472 591,908 .— 3.262.686 3,987,479 Sarnia 745,617 611,239 579,559 7.2 790,974 711,942 —14.1 1,072,926 1,118,291 + 7.1 3,246,376 2,557,842 + 25.2 — 506,374 347,200 + 37.0 956,896 759,957 3.0 635.928 606,399 — —20.6 637,049 634,494 598,916 (32 cities) 'Estimated. - 537.698 11.4 559.753 460,073 1.012,962 Sudbury Total (7 cities) 528,316 1.160,764 817,049 — 4 661,484 1,590,716 ; — Kingston 2.8 + 696,756 142.152.080 562,420,350 860,883 1,119,741 Moncton 295,353 687,904 1,506,447 Kitchener 199,693.279 Cleveland 384,165 9.4 + 12.0 Windsor Ohio—Canton 2,542,557 5,426,955 1,082,141 Brantford 1,601,641 1.3 + Jaw_.L 6,630,012 5,027,410 856,015 , * Saskatoon 2,720,278 2,630,755 4,229,627 7,201,030 845,275 —; Lethbridge— 6.3 — — 1,920,565 Brandon Moose 2,877,320 + — 7,130,812 Edmonton— Regina —10.9 — Fourth Federal Reserve District—Cleveland- Total 6,381,168 ———— - 4,088,090,177 460,032 Bethlehem Chester Total 1.1 6,238,817 Halifax— District—Philadelphia- Pennsylvania—Altoona New + 32.826,659 5,061,777 3,802,565 1,965,041 3,955,728,437 + 5,593,402 St. Total 33,540,237 3,712,343 Hamilton————-—-— Northern New Jersey 1.198.623 —13.5 1.057.866 1,113.122 504,228,952 414,422.114 +21.7 358,085,864 343,690,652 + THE COMMERCIAL & FINANCIAL CHRONICLE Number 4135 Volume 156 Continental Baking Co.~Initial Common Dividend— (Continued from page 2216) directors The under erable of for profits' taxes. accrued excess Of $52,811, Act in respect to and. (bL the post-, bef. Oper: profit Total income Aug. 26/39 $1,974,219 2,573,657 238,337 2,019,044 266,626 $427,473 453,165 283,508 677,000 ,1:480,000 253,840 Depreciation :_z_z.z— Inventory write-down—#.' Fed, inc. State & Excess ,.;L— , /.'• ^ tax income _zl-Z_-i dividend f$282,397 share per ' Nil ■ $2.15 ... . t$260,103 $0.04 $2.07.: 156, fLoss.—V. Canada, Ltd ♦Excluding Collins & Aikman of .. 77. p. Gas was quarterly a '/■ Ended Sept. expenses of $1 injunction> restraining of group a from stockholders common stockholders. : Interest Dividends Net 156,' p. 2096. Net .sales Cost, of, sales Gross 8,069,558, .. profit 162,971 ♦State, in Fed. $4,053,030 Operating' profit Z—Z Other .income Dividends 533,896 • net profits prior on Total income $2,988,367 $3,969,430 1,320,053 1,320,053 $1,668,314 $2,649,377 Net 1,700,000. taxes—estimated income by the Revenue subsidiaries.—V. Dividends paid deducting depreciation and depletion of $2,214,705. Balance Consolidated Assets—Cash', receivable notes, total, $34,595,116. $416,720; Liabilities—Accounts payable - and accounts $2,841,935; : the Dec. . Corroon z; The . ./ ■■■' ■ " • •' / Novz 28——— 12>u_ZtZZ_,ZZ_>-__., Dec. —V. 168,542.000 " 150,186,000 V161,255,000 / 156, 2036. P". ; 182,191,000 * 152, 2 ! Jan. made were 1942. 4. . without basis of ♦After regard taxes. Dividend— share per 4.5 July 1, $2.50 and 1 paid. was April Jan. 28, $1.50; 1, $1.50 each.—V. 156, p. 1046. ' Oct. Oct. 1, $2.50, 1, /' ; and . 'leave action the April 18, ,100'r istock cash p. - has common s 1942 v estimate a taxes income : the of fiscal year.—V. be would 1941 taken by management 156, that effective the directors Dec. on 16 ; of $2 each June on and Sept. 30 ^ . - , Coty, Inc. (& Subs.)—Earnings-— ,, The company on tricity' (electricityDec. announced 16 to amounting 1942, 13, Dec. that System generated' and ' purchased) 162.600,900 of week compared kwh;, 1 and Bill, Oct. July April 1, on 1, while 1941, 156. and Oct. 1, last, 1 Dec. 1046. on p. 27, 1941 1941 $157,480 $0.30 1942 $282,224 $0.55 and-provision for Federal, foreign and State income stock. Sept. 30,: 1942, including $1,059,859 cash, current liabilities were $1,775,766. This $1,449,026, current assets of $6,739,399 and $2,053,890 on June 30, 1942. Inventories were of as to $6,766,435 with cash of per of and 156, p. 1415. Corp Earnings— 1942—9 Mos.—1941 $216,999 $207,143 $1.14 $1.08 income taxes at the 1942—3 Mos.—1941 ' $91,148 $2,696 $0.48 $0.01 share com. depreciation 2,963,234 Years $1,086,204 $703,409 profit / 50,413 provision and for of Federal income Net __ and profits excess taxes___. with ,♦634.649 * 1942# Revenue the Act —156, Sept. from 2127, before 12 ; $167; $10,052 $7,686 ! ■/'/■/; Balance Sheet, Sept. 30 ' receivables, $3,035; 17,965 cash in ■' bank (security stock payable, $2,921; payable, notes $51,204; real taxes, $9,191; accrued interest on delinquent real estate taxes, security deposits and rentals collected in advance, $845; capital Co.—Earnings— (outstanding, 11,287 shares at a stated value of $1 per share), capital surplus, $452,948; earned surplus before depreciation, Ended Months total, $85,987; ^^iiziZZ-Z^iZZZZiiZ-Z/Z Nct-'Sales. Net -profit Z- N64e—Decline sioned not aside-ol> a * 160,123,628 __Z^Zi.Z'Zz:_ZZ_^zZZ_Z-i - in profit by only 3,603,572: ^ share-- .Earnings per common for higlier $1.12 z. z most recent the Federal tax 12 109,934,974 6,907,547 $2.53 from Oct. $4)000,000 contingency reserve at the end of 1, 1933, ■ . the above statement for depre¬ to Sept. 30, 155, 1942.—V. p. 87. Dominion Glass Co., Ltd. (& Subs.)~ -Earnings— 1942 Years Ended Sept. 30— y Net months was occa¬ but by the setting provision, •//%//%/''•'//, $614,550. Note—No provision has been made in 1941 1942 June 30— ciation • tConsolidated Film Industries Inc. (& Subs.)- -Earnings $9,157 $25,799 depreciation., $6,606; 176,- pared with 169,100,000 kwh. for - the; corresponding week of last year; -decrease.(if 6.4%>~~V»/I56/p.>2096, - 1940 $26,164 16,112 $25,652 16,642 Liabilities—Accounts estate - ■ v."'//'a/1942-"V;'; 1941 etc $625; real estate taxes, $2,205; insurance premiums (unex¬ pired portion), $2,050; leasing expense, $4,243; other deferred charges, $67; land, buildings and equipment, $595,719; total, $614,550. $0.32 v 3Q— rentals, $11,287; Crane elec¬ 100,000 kwh. for the corresponding; week of 1941, a decrease of f .lfjo. Docal' distribution .ef electricity .amounted' to-160,000,000 kwh1., com¬ per deposits), $472,313 1,480,506 $0.34 p. . paid cents yy."/// •./;/•''%//' 265,037 $501,968 1,472,906 W profit ♦Based'on cents 55 20 Ended income Net $737,350 Outstanding shares of common stock Earnings per common .share_—_'__;..___/.Zz-,_y_u : fOn value, payable Dec. par Expenses 33,941 $1,136,617 income Federal ending with no Revenue $3,666,643 2,913,616 income a Corp.—Earnings— share___ common Assets—Cash, 156, j ,,, output for-'-the first nine months of this without giving effect to the Delancey-Clinton Theatres Operating Corp.—Earnings ; Total / ' for Revenue made were July assets dividend stock, ' * $3,999,820 Operating Consolidated Edison Co, of New York, Inc.—Output.— ■;a each 1, charges compares :''':/;\i942/'Z':/;/zz/i94i,;i>.; Depreciation dividends on 194.1,—V. 30, % 1942 share has been declared on the common 29 to holders of record Dec. 23. This on Sept. 25, last, and 37*/2 cents per share previously each quarter.—V. 156. p. 1046. rate 251. p. (Gross profjt only payment this year was $1 per share The provision new coin-i /% 55-Cent Dividend—,'/v $519,210 approximately z/9 Months Ended Sept. 30— which compares with $2 on Dec. 27,-1941. Prior to the distributioa made on Oct/ 17, 1941, the company made payments 692. been stock. $1.88 1942 rate; no provision for excess profit having been made. 190,781 shares (par $10) of common stock, ' 70%,/ which would net profit of $166,645 for the first half of the' corporation's current Output— the was Federal Other No cents per "After - Consolidated Aircraft Corp.—^No Dividend Declared— on 1941 $1,242,542 tOn 514,134 shares of common tEarns, A of weekly on the on Period End. Sept. 30— ♦Not profit ■ , tax Deisel-Wemmer-Gilbert > Corp.—Earnings— 31— In 1300. $1.55 $3,432,751 against $3,349,081.—V. Payments before Federal income taxes—$555,484 Note--It . ,7.0 kilowatt-hour output of electric, energy of subsidiaries of this corporation adjusted to show general business conditions of territory served for the week ended Dec. 10, 1942, amounted to 232,589.303, as compared with 205,454.318 for the corresponding week in 1941, an increase of 27,134,985 or 13.21%,—V. 156, p./ 2096. • ' The Federal compares current liabilities for of dividend follows: as were excess V':1942 ;.V profit'-%Z___^^ZU-_zZ..i^Z«___^Z/ZiiZ-Z'Z' /..Current $1.50 of a April on* total a Sept, for refunds. amortization, a $450,000 reserve for inventory adjustments and provision of $5,882,806 for Federal in¬ April on tEarnings $1.50 on the $6 cumulative preferred stock, to holders of record Dec. 22. Dis¬ and aside dividend of $1 per share has been declared on the stock, payable Dec. 29 to holders of record Dec. 21. Distribu¬ of 25 ♦Net 2700. p. dividend a on Jan, each $1.50 on and (Oct Profit 14.0 ' Commonwealth & Southern Corp.—-Weekly payable Months Ended 6 9.1 165,469,000 "170,216,000 dollar a 1942, 31, Cosden Petroleum 7.3 160,361,000 <-v 171,190,000 & 180,573,000 '5^'-tZZ/-iZZUzzZ.iZZ, Dec.- 172,047,000 ; 14— 21__vZ;r/i^^:ZZZ'iZZ_, on value.—V. ended year set post-war new J Nov, Nov.,. ■: . of 1941 July 1 :<k Increase;. 1941 4 Dec. accumulations while during '• 1942 Week Ended— be and the was Quarter End. Sept. 30— No.f;13, announced on Dec. 14 that 5%: bonds of 1942 should be traded All trading thereafter should specify par for taxes aggregated $400,000.—V. 154, p. y —Kilowatt-Hour Output— *- ' of the 'declared have both tributions weeks percentage comparisons-with-last, year, and bonds ending of A, last, .list year, Following are the kilowatt>hour output* totals, of the past four taxes $755,000 Sept. 30— Davison Chemical Association National the of Reynolds Co.—Accumulated & directors series for-the the corresponding period to and including Sept. up : Electricity output of the Commonwealth Edison group of companies week ended Dec. 12 registered ka 7.0/./ increase over that of /" and $10,000 estimated year-end tions District 1942, $280.23. of" stamped" account - 16, remaining unpaid the ' quarter Commonwealth Edison Co.—Weekly Output— $360,000 deducting '"$1,020,702 amounted in * subsidiary /companies, $1,172,985; capital stock (no par)-,5 $21,849,354; ; capital surplus, $16,242; ■ earned surplus, $7,775,766; total, $34,595,116.—V. 156, p. 1771. ;y/ % / v ; Committee Dealers,-Inc., after "double to interest' minority- income post-war credit.—V. 156, p. 1862. common and Practice "ex-payment" $1,039,582; accounts, Uniform and on %'%•'/"; 1941, $616,716; reserve for Federal taxes, 1942 (esti¬ $1,700,000; reserve for Federal-taxes-and other contingencies, $424,472;- :The $3,47 depreciation, 10% A vv 22, From distributions at 1307. p. $679,956 Davenport Hosiery Mills, Inc.—$1 Dividend— share on the Dec. Continental Securities Corp.—Ruling on Bonds— ? ■ Securities taxes, mated i, on made each quarter been have 155, of record Dec. 22, 1941, $828,487; ,: accrued rate 1942.—V. accounts . of inauguration 1941 f$623,429 , stock. common year-end payment of $1.50 was made.—V. assets fixed of same 30, $1,726,284; inventories, receivable, etc. (less reserve (less reserves-for depreciation and of $26,115,495), $19,957,651; patents, -goodwill, etc.. $1; de¬ charges, Federal 1 1942 reserve), $3,662,127; $41,515), $123,828; depletion * 30, Sept. securities, marketable $5,038,084; (less; $28,397 investments, ferred Sheet, the cents per holders 29 to dividends Dec. ... Co.—Div. No. 5.— dividend of 50 a jOn 2128. p. $3.20 Federal to after is based year declared common-stock,'payable date ♦After directors have The 1942,. 1942 of for amounted Note—The 1467, p. Roll & Steel Foundry Continental ( / $528,782 share_«.--i—zz-—i-—, " $3.98 -\ of 156, 156, / $4.32 of taxes and Federal excess profits tax. fOn 659,998 shares of stock.//;,.•■//./...' .■ .* / mon.. the 1,612,218 Surplus ' .Lz'Zz Earnings per common ; shares post-war come v $2,141,000 'cNet Act Revenue profit and $7.78 $12.35 are based on rates pre-/ fExclusive of income from 1941, of Act the share common taxes ♦After scribed 85,225 1 interest in earnings Minority $1,975,750 tEarnings per common share___ Consol. earnings per share of common stock /.v '-Federal income taxes for current period 660,701 Other. charges ;'Z;_Z%;iii_Zi.z_ 258,808 $841,936 $1.88 Cutler-IIammcr, Inc.—Earnings- —I Consolidated balance zzz,« $4,586,926 with stock,—V. common 379,702 129,405 114,607 15,200 preference stock—. 379,702 share___^____^_^,__-_ Z accordance of the preceding year Federal 174,534 taxes_ income $2,614,260 ' ■■ Sept. 30— 190,798 last, 30, * Federal in 1,772,666 r„__ Z+-Z .common shares 485,886 *2,132,126 $1,351,043 tax. ____z. Nine Months Ended Consolidated • 540,553 507,178 profits excess dividends Note—Provision 158,820 105,964 and Federal taxes for estimated increase local Provision 2,198,694 491,044 and profit-_____Z„_Z:______Zr_^z,_,_.___-,-.„_ |On 2,516,037 206,750 $5,413,365 depreciation interest, Federal income and excess profits taxes, flncludes reserve of $100,000 for war-time and post-war adjustments. $37,467 etc;Z_—___z——z_:^_,z.%/--Z\Z 674,685 $4,481,391 ♦After $6,933,429 expenses, $5,182,260 231,105 dividends Year Ended ♦Net Electric Corp.— dividends, etc._______ $3,806,706 Cunningham Drug Stores, Inc. (& Subs,)—Earnings- $6,895,962 $5,942,746 . $12,701 $6,251,723 on 1,067,548 87,785 Balance General Selling, administrative and general expenses.-— 1,067,548 /-/ Total;$5,955,447 Interest on debentures held by public 2,482,569 Amortization of debt discount and expense 156,597 $14,321,282 . __ 30,077,307 amortization.——— ■^Estimated 517,625 1941 1942 sales. Surplus tBarnings per 193,630 ___________ V- fContinental Gas & Income from interest, Sept. 30, 1942 Earnings for Nine Months Ended ■ ■/ (& Subs.)—Earnings- Columbian Carbon Co. 181,606 stock preferred on on Subsidiaries) profit Common 2,829,351 expense. and Domestic — income Preferred $11,149,461 2,523,893 discount Owned Sept. 30— ._„__Z and Federal 97,250 Dr41,586 $9,803,578 debt par and 31,462,866 $Earnings per ;/• . injunction was sought by the SEC.—V. The of no amounts 1 and Oct. 1, last, 1941.—V. 156, p, 1046. profit on Interest $9,845,164 $11,052,211 long-term debt___ on share per stock, Like July income Discount - earnings Miscellaneous . • net cents A 18. Dec. etc.,- income Total Z - Wholly Ended Operating Other ;/ '- 1, 10 class cumul. record $35,269,572 $35,259,567 Expenses, 1941 1942 /. ■'•• Months 9 / 30— April on $1 of Neb- 'sales Subs.)—Earn¬ (& Corp. (net)___rZZ__:___ Amortization to by presented approved SEC divestiture order. Testimony indicated that the plan will be of a Kirkpatrick requirements Judge income Total applying to the N. Y. < State Supreme Court'for an order cancelling t.he special stockholders- meeting called Tor Dec, -30. / The .purpose of' the meeting is to ratify the company's dissolution plan to meet the. issue of dividend a the on holders to Crown Cork & Seal Co., Inc.—Earnings— on "■— earniiigs from utility operations- Other W. H. Kirkpatrick Federal" Judge an Net Co.—SEC Injunction— at Philadelphia on Dec. 8 issued* Columbia Oil & Gasoline • this on 30 April 1, July 1, Oct. 1 and Dec. 23, * • Dec. ./•'■ . usual Electric & /% ■ . Operating on stock common the , 281.40Q , $887,546 $926,420 *$381,772 Surplus Earnings 281,400 281,400 ■■ ______ stock A ' ■ , . $41,269,397 $40,170,919 22,996,701 22,174,814 State and local taxes__ 3,542,854 3,584,165 State income 93,266 89,428 '-Federal income taxes 3,331,206 2,943,346 Federal excess profits taxes_^_.__Z___Z/_^__i_. ' 632,018/ 326,955 Prov, for estimated increase in Federal taxes-!*' 828,189 — ' dividends declared Subsidiary Operating Companies— ' Total operating revenues 107,360 103,472 100,500 99,375 dividends z.z~'< preferred Common $128,657 $1,272,418 class ' accumulations payable paid declared 11 Dec. on (And Continental ings—■ $1,308,320 •' . the on also directors 12 Months Net , '' of account wore quarterly dividend of $2 per share on the 8% cumulative preferred stock, par $100, payable Jan. 1 to holders of record Dec. 18.—V. 156, p. 1467, • 350,000 profits directors 1928. 3, The 120,473 taxes last The 41,000 91,916 —Z—_z__ ' International Corp.—10-Cent Dividend-— Crown Cork The cents value, . ♦ Aug. 31,'40 50 on Jan. "Aug. 29,'42 *Aug. 30/41 $2,499,988 $15,905 depre; of dividend share on the common stock, payable Ja'h. 23 to holders of record 8. This stock had been issued in exchange for class A and class B stock on the basis of three shares of common for each class A share and one-tenth of a share of common for each share of class B •Earnings— (& Subs.) Collins & Aikman Corp. initial an Jan. stock. 6 Mos; Ended— declared 9 Dec. on per taxes in the amount WU of the 1942 excess profits it'is stated.—V. 156, p. 2096. refund war. of said 1942 the year 1941, provision retroactive a 2221 ^___-__'Z'__,''ZZ____ZZZ_--:^Z—~-/-Z/ profit dividends Preferred 212,500 /Common .dividends „_z~Z—-Z_x.*«^t--.Z-.:zZ:_Z_„z.- ' 1941,—V. 156, % 1941 $770,377 182.000.; $687,266 182,000 212,500 - ' Quarter. Ended 1941% 1942 30— /Profit before Federal; normal income %axes_zZ% Federal normal rncoihe-taxes—Z_zr—z—v*j Sept. // $197,076 / $298,226 ' "T04.450 " 1950. p. * > Nc t 156, p. 1861. sharez_ ZZZZ-z .y'' $208,758 $92,626 ZZ^Z yZ'Zy Z_Z'Zt-Z'ZZzzZz 1 pro fit Earni ngs *p er prefer re d —V. $0:36 _ - : $0.52 plant, company for special meeting held at the sell the business to the Joshua; Calif., manufacturers of steam at company 10, Dec. Hcndy linn1 Works engines y the 1,515,128 $2,183,772 voted a to . of/Suhnyvale, /":;%■ /:-■ vessels. /■,; cargo balance Previous Crocker*Wheeler Electric Mfg* Co.—Sale— Stockholders' of ' $1,807,894. $13.84 $11,89 z__ Total $292,766 $375,877 1,807,895 Surplus 89,468 r •<* .» Z ♦Earnings per common share, ZzZ-zz-z •On 42,500 shares of common stock. ('//;:/;/ ' > Consolidation Coal Co.v Inc. (& Subs.)-—Earnings— % Period'Bfnd. Sept. 30— 1942—3 Mos—1941 f^ 1942—9 Mos.—1941 Sales, royalties, etc.-Z-Z $11,169,265 $10,798,747 $34,109,856 $27,650,945 oper. ex'ps.; taxes, etc.Z. 10,200,275 ' < 9,897,038 30,688,909 25,479,480 The each the Crocker-Wheeler •;■ from Earns/ Other $901,709 " $968,990 opers.ZZ ' income z____i__z 28,396 27.127 . - $3,420,946 81,925 $2,171,465 ; ^ iron become now plant will be Joshua-Hendy the Iron 340,140 / 886,598 Net 103,803 339,907 315,540 972,373 243,009 162,870 914,582 360,385 Costs, " 9 Months Ended Sept. ordinary 1942 • $314,856 /■ $346,623 $1,276,009 $664,495 against earnings for Federal income calculated at the rates pre¬ scribed by the Revenue Act of 1942 and is based on the * values adopted in the 1935 • reorganization for properties • acquired from thq predecessor company, : " : * ■/ " • * * •/ y (2) The provision for Federal inemne taxes includes excess ;profits tax payable by two of the subsidiary companies. No provision has been made for excess profits tax of the parent-company as it is estimated that none will, be- payable.—V.vl56, p. 2036. ■ Notes—(1) taxes for the The provision current Federal ; 1941 / _ Accounts Fixed 1,738,315 1,683.945 ____^_Z._^.-________^___Z——1,692,133 1,693,125 receivable Inventory assets Goodwill, !_____^__ZZ.Z__^___:___Z_^__ etc. — 21,274,185 17,854,496 1,484,921 300,000 $980,368 share_zz__Z. $764,694 $1.40 , profits Earnings per : common 12,785,871 •$509,910 Nil $1.79 Payroll, .'and as of of S. Government current $880,236, $1,996,160 U. liabilities Sept. were current * assets Oil Sept. 30, 30, 1942, tax including $6,633,093 notes^ This $4,173,236. Of $6,731,670 1941—V. 156, amounted p. compares and 1950. current 2,529,420 100,557 to cash and Earned cash liabilities of $439,738 1,332,138 45,500 payable 45,500 53,125 reserve 411,147 3,593,446 payable_____, 53,125 477,273 dividend etc. 3,643,036 2,600,000 2,600,000 stock 4,250,000 surplus 2,183,772 4,250,000 1,807.894 preferred stock $19,283,177 with $393,724 — dividend Depreciation .7% assets 2,521,920 103,159 2,058,425 payable _:/____! ♦Common Current :z_— reserve Preferred ♦Lo.SSi- $1,000,000 _Zw_— 6,954,375 Liabilities— Tax Common Net 6,655,420 ■ $15,655,267 $14,582,582 Acounts tax income & excess profits 1941 $335,787 1,285.370 1940 made period has ' been 1942 2,281,911 bonds, etc. , and tax depreciation Net profit' ■ as $23,523,800 $19,134,864 $12,275,961 royalties, 30 $662,406 Government Liquidating Co. It is the Crocker-Wheeler Works.—V. 156, p. 1950. 30— sales Sept. . C-W operated Sheet, Assets— assume Deferred charges _Z 339,274 . a Balance or • Crosley Corp^ (& Subs.)—Earnings— ••''•/.' taxes-- income shipbuilder, has will approximately $11 liabilities of ■' / * /.-■" small interest in the Hendy > ' :■ In cash, and will said. is of'the /division stock, /"/z'/'/.;.' '•/" Z!: company, the the. 80,153 $2,251,618 __——_—Z___l Federal $3,502,871 it that $3,200,000 pay outstanding Kaiser, Works, Depreciation & depl.__Z Interest _______ of Crocker-Wheeler expected $928,836' income share Henry J. .• $997,386 100,247 Total . will purchaser for Total *_ $15,655,267 $14,582,582 of ♦Issued and outstanding 42,500 shares of $100 par.—V. 152, p. 424. with representatives of the Interstate Commerce discussions V. 156, 1668. p. ■ Ended Months (& Subs.)— -Earnings— par Sept. — 3,905,000 u 7,300,000 30, 3,580,000 1,320,000 income———discount debt and Interest and '—. 1941 during were as cents each, and Dec. 25 cents 50 preferred 26. income on with directors the on capital last, 15, stock, 1942.—V. with compared as 156, like amount 35 of 30 each on 15 Jan. and April Net cents March 6,030,705 65 Non-oper. 419,227 2,158,444 37,971 40,551 482,027 53,015 217,490 2,020,928 $273,126 $209,599 $2,340,050 An 58,108 6,891 214,082 147,279 $216,490 $2,554,132 $2,863,067 61,800 65,500 749,000 Ended Sept. 30, 1942 trucks and service'parts, less discounts, for 9 sales of new Gross Retirement res. accruals Months of of Gross profit $70,246,601 Gross —-— 59,924,767 Interest & deductions 1,669 1,373 13,911 13,120 Balance——; $226,935 $113,456 $1,342,481 B. V; G. & E. Co. 77,652 r—„ income 7,281 Interest Reserve and contingencies——— general Federal for Provision extra income profit 1,767,842 48,174 $1,805,132 $2,075,088 36,160 448,740 434,884 —i-;— Balance Earns, — 2,450,000 Non-subsidiary $1,063,099 —. —— . 23,314 subs. of to E. A.—— $1,245,444 The $1,526,118 —— applic. cos. ;->290,460 309,824 f $1,535,904 $1,835,942 143,399 $1,392,505 $1,676,859 : — — —— — available for dividends and surplus Balance —V. June of sold— 152,581,937 100,168,529 70,567,135 55,310,460 309,326 33,681,829 243,057 32,664,200 629,788 26,642,969 149,609 55,619,786 33,924,885 33,293,988 18,720,845 26,792,577 16,397,507 Sell., 1,000 1,000 381,907 income— exps. 26,365,470 remuneration 21,000 19,100,158 21,000 executives— 476,302 471,684- 431,937 admin, gen. Directors' of Salaries fLegal 286,664 311,405 271,625 445,995 213,910 156, depreciation- 185,150 163,470 72,288 136,644 Loss 406,972 1,019 95,938 Profit 27,617,662 13,209,662 12,988,291 profits -— 15,656,485 Net profit —— 1,000,000 1,000,000 i 10,897,440 Dividends on com. stock 1941, 30, ————— Earns, per Sales 56,335 9,716,798 798,587 814,431 Gas 6,571,127 3,806,054 5,499,727 share- $5.75 $4.17 $5.08 Sept. 30— Balance July Sheet, receivable ——: goodwill-— Prepaid expenses and other $7,770,611 $6,586,583 1,928,877 1,875,090 23,731 30,301 256,709 , —— 76,395 54,730 950,125 1,914,287 payable to banks payable and accrued liabilities.—— Dividends on cumulative preferred stock—— Prov. for Fed., provincial, State & munic. taxes Notes — payable under 1943-1946 maturing for Reserve 6r'o ———,—_ $216,454 $148,756 $2,720,612 $2,606,890 3,769 5,141 53,233 86,941 $212,685 $143,615 $2,667,379 bank credit •/;.' Dr939 14,846 17,202 , . Amort, .. ~ 538,963 263,988 — Pfd. ——1 — credits par) income stk. J 296,370 is require,- for for doubtful accounts and & purchase contracts was $3,261,443; market received, $3,414,797. ••Represented by 1.752,845 in 1941 and 1,753,870 in 1942.—V. 156, p. Driver-Harris profit before Federal taxes—.—_ ■Federal taxes; ————————— profit •After stock —————— income and surtax tax, $2,067,413 excess 1942—12 MOS—1941 $68,935 $943,376 $791,507 81,722 17,929 709,495 172,594 $164,173 $86,865 and Balance Sheet, Sept. — accounts — u-—: 7<!c debt — basis and contingencies. post-war for taxes the first with compared as $1.93 profits- excess nine $436,909 1689. p. 306,000 463,919 on 782,920 eign Net 580,464 255,595 33,612 10,253 — 71,109 180,490 L—L—— and 204,315 —V. stock $1,062,455 $1,033,809 256,032 242,439 247,72Q 196,943 129,705 191,931 — $591,177 $663,578 $623,073 $656,384 818,568 818,568 818,566 818.066 $0.72 $0.81 $0.76 $0.80 $1,576,077 stock- 80f/o.— 156, , to 1,804,782 3,497,212 per and State 11,552,500 660,000 288B66 325,539 1,762,260 1,192,223 156,683 111,027 247,323 67,934 5,347,138 4,310,625 • T advances for ____ for depreciation in aid of construction (retirements) 8,317 — ——— p. 8,317 5,191,831 4,582,507 construction surplus the _____ ■ $33,784,111 $29,592,365 ■ 1772. week ended Inc.—Weekly Input.— Dec. inputs of client oper¬ are subsidiariesof American Power & Light Co., Electric Power & Light Corp. and National Power & Light Co., as compared with the corresponding week during 1941 companies were f 1,029,597 {3,078,878 1,302,177 $424,575 $373,771 $1,115,906 $1,390,095 $0.53 $0.48 $1.37 $1.94 $1.80 weeks on share ended common, for the 52 Oct. taxes for esti¬ $1,463,532, was with $1,643,234, ended Oct. 4, 1941. against $25,104,227. 52-week the 1942, 10, comparing weeks weeks totaled $31,592,221 foreign refund $246,000. 52 share a 52 for post-war {Without credit 2,692,272 ' ■ etc. the common and 765,598 for- approximately to 4,194,784 share. for Oct. 4/41 1,139,369 ——— com. Oct. 10/42 1,454,172 —— profit a 40 Weeks Ended—- Oct. 4/41 $7,127,047 $24,714,530 $20,273,478 —„ (1942) period or Net Federal. aggregated compared with $1,396,772 a year earlier.—V. 156, p. 1689. as Florida Power & Light Co.—Earnings— , Period End. Oct. 31— Operating Federal as of follows: Ebasco 10, 1942 Services the System Inc., which 1942—Month—1941 $1,360,911 revenues i expenses taxes :■/ 527,727 •Cr37,864 r —1_ / 1942—12 Mos—1941 - $1,242,899 $17,569,959 $17,022,515 483,451 — Other. taxes 6,620,263 96,147 74,940 158,334 6,422,286 *1,965,934 77,668 175,000 1,507,649 970,376 938,263 2,066,666 2,050,000 $383,023 $5,946,720 $6,104,317 114 229 $665,384 : 2,724 V $383,137 $5,946,949 1,211 38,205 754,119 ——j._w' $668*108 $384,348 $5,985,154 $6,860,980 2,600,000 res. approp. oper. Operating Other :, Interest on Interest on Other Int. bonds 216,667 216,667 110,000 ■!110,000> 1,320,000 29,190 to income the constr.—- Cr5,184 $312,251 active $1,505,507 Corp. taxes, increases wage to $199,000 payable distribution of * tax provisions 156, p. 1773, (& Subs.)—Earnings— 1942—9 Mos.—1941 $70,669 $303,871 $0.18 $0.95 $0.31 $321,138 * . $1.03 amortization of war facilities and provision for {Also, after provision of $104,059 for retro¬ prior the quarter. for the to $5 was on taxes income as 156, p, compared with first {On nine 217,706 $169,000 months shares in like of of 1942 period of 1048. Fuller Co.—$2 Common Dividend— dividend of $2 initial adjust stock. (George A.) $1, to 1942—3 Mos—1941 {$100,895 share depreciation, $174,207 by the Revenue Act of 1942.—V. Steel com. of adjustment —— income amounted A Cr44,692 $596,938 7: credit Note—Federal par - 1,153,008 — per common 327,157 : $2,658,515 profit •After Cr36,843 1,153,008 Follansbee Federal - - $1,749,946 amount required {Earns, 1,320,000 352,051- $34,686 • ———— Period End. Sept. 30— •Net 28,179 applic. to pfd. stocks for the period- •Includes to 2,544 $6,106,861. - 2,600,000 bonds- deb. & chgd. — deductions mtge. int. Net — (net) income s- plant income—— Income Gross $665,384 revenues— ———; (net) preceding year,—V, For 781. p. (& Subs.)—Earnings— depreciation, at 3,497,212 14,000,000 - bank —— Ebasco Services ating —— Oct. 10/42 sales for the $1,479,700 1,804,782 — . A special . par taxes, x,, .408,707 {At . profit $33,784,111 $29,592,365 $1,479,700 $100) (par stock debt payable 156, $10 297,888 share. State equal 25,967 — accrued Total (E. I.) du Pont de Nemours & Co.—Special Offering.— offering of 6,700 shares of common stock (par S20) was made.on the New York Stock Exchange Dec. /.. recently exchanged stock for each was of 1 $1,409,429 taxes Net 209,438 expense—- - accrued Earned which shares 1501, new 5. paid during $8,439,149 •After 3,190 257,219 — $3) payable Contributions common (par common notes Reserve $1.55 stock 1 M» p. the on record Jan. share per Sept. 26,'42 Sept. 27,*41 Sept. 28,*40 Sept. 30,'39 —— 28,695 l —25,967 discount preferred stock Customers' ,$143,480 declared been to holders of 250,194 Rent from lease of 2,538 — i___ debits—' long-term Taxes has 15 326,000 Balance cumulative Accounts of 156, — — Federal, 1941 42,030 i—H — — Serial ($10 par).—V. •Profit Liabilities— $449,480 •15,062 shares and allotments were on a basis of 44.5%. There were 147 purchases through 45 firms, with the for $312,540 $1,93 income profits share capital par sales Dividends (no with $1.50 commission, by Smith, Barney & Co. and Laird, Bissell & Meeds. Bids were received for $100,000 stock. per - per 40% Net 3<> 1,667,695 —_ —_ — Total less 14 at $130. Federal excess 1941 {$311,317 —— —^-12 Weeks Ended—• Net $27,684,720 $25,024,888 2,809,465 3,011,985 — ___ supplies-— Total prepreciation, etc. {On 89,170 outstanding shares of 156, p. 1047. i fund Reacquired securities — 1941 $1.27 etc and — deferred Common 507,600 30, quarterly $964,101 $1,652,871 and $620,844 of and cents Flintkote Co. profits $82,450 tax- —— Other $1,318,- shares regular 1942 common the prof, Operating 1942—Month—1941 deposits Materials 1951. ——r.i———_$113,244 {Earnings per common share $2,101,718 $115,360 $149,220 1942 Prepayments aggregate value, four to — interest and reserve $25 on common •At 103,579 receivable L_—— Interest Net 103,579 , Accounts receivable 109,774,517 1942 ♦Net 8,632 Federal —— Cash Co.—Earnings- Quarter Ended Sept, 30— for prof, investment Notes 19,404,589 (1941), of 8,632 ; surplus- exc. Special 1,203,000 {The 23. March on common Plant,' properties, Total {403,850 depreciation record Dec. during 1941, the company In dividends: July 2, $1.25, and special $10, payable Jan. profit Shares $2,170,992 Consolidated 37,145,450 allowances share on tho per issue made share—- Ended— Prop, retire, 1,000,000 1,800,000 $1 Works—Earnings— income taxes— Earnings 16,164 $2,205,297 follows: as Federal 15.797,000 112,379,654 57,970 $123,992 Assets— 31,536,655 : ———— 258 $157,85*2 __ div. Premium • Net 22,653 16,673 1,699 17,075 deducts. 6,620,225 16,450,000 1'9,424,904 ' 1 20,858,037 of this on Sept. 30— 75 profit exc. mated 198,125 • Common Dividend with quarterly dividends of $1 old Months {Fed. 390,639 2,438 Totals 739; 1942, $2,014,624. +After deducting reserve for amortization (1941), $7,792,409; 1942, $11,750,794. amount of stock Operating $2,600,448 404,641 Period End. Sept. 30— Fed. inc. tax & surtax:. 4,485,493 2,000,000 (par $100) stock reserve • First National Stores, Inc.—Earnings— 3 discount income dividends tax 8,016.785 ——— •After 155, 156, p. 2037. share held.—V. $3,667,051 15,500,000 205,625 $2,684,58'1 32,513 expense Balance 851,642 7,750,000 $158,461 34,382 _ debt Unamortized Total made was 1939—V. 20, holders of to addition In share per income par the on $2.31 Net 11,726,264 4,808,064 $211,746 — _ - Miscell, 16,529,512 1 1,281,665 income of and 50,116,291 181,956 392,132 18,109,491 30 made were last. common compares Earns, 25,817,305 — contingencies!— Earned surplus each following after dividend par 80,499 _ income Gross agreement, —— future operations— surplus Capital cents depreciation, new $2,519,949 devel- and _ Interest 7,250,000 agreement—, cumulative preferred stock '♦•Common . S.— under bank credit Deferred credits to amount Dec. on dividend a payable Dec. 1,108,453 costs ment Liabilities— Notes and of 1942 amounted to $1,645,269 period of preceding year.—V. 156, like $25 739,090 99,628 revenues- Exploration 112,379,654 109,774,517 — Accounts . 1940, declared 16 22, 161,465 shares of This 257,059 169,708 Note—Provision U. 20, like of y Period— $ 228,829 deferred items— —— and distribution —— capital stock, 1942—12 Mos—1941 1941 59,409,787 — i——;—: ,T •{•Property, plant and equipment—: Trademarks, bottling and blending rights, con- Canada com¬ to holders 31 Co.—Secondary Offering.—Mackoffering 1,500 shares of capital stock points concession to dealers.—V. 156, the per {Also months in Subs.)— 149,002 —. oper. Net 3,930,552 26,640,089 _———_— bonds— _•— quarterly the on Dec. for (prov. — Other 6,135,704 hand-——.-— Deposits on grain futures contracts--———Sundry investments and advances, at cost Total (& (Del.) Company $482,417 LiiL-i. Depreciation Taxes 31 1942. .V/.$ V v and 25 Note—Federal share per $634,628 revenues Maintenance $3.29 Inventories in {On A 148,339 Operating 2,248,898 1,752,645 Canadian Government Advances 23. 1942—11 Mos—1941 1942—Month—1941 Operation 3,485,290 1,752,845 banks and on regular declared are cents profit for cents 25 Natural Paso Balance •Accounts •r Dec. was $2,736,000 $40,936,795 $29,549,278 $3,790,174 of dividend extra EI 832,125 3,402,640 *•;;• .;•:'Ci. .V;■?&.-i tracts record cents per share 1942—Month—1941 —— Period End. 3,505,371 819,537 25 Sept. Depreciation 6,566,313 1,753.800 Assets— the and been •■ $15, Ended Months 1941 79,174 3,506,776, Consolidated in of holders to 12l/2 has been declared on the common stock, par $2, payable Dec. 28 to holders of record Dec. 22. Quarterly distributions of 20 cents per share were made on Sept. 14 and Dec. 15 of this year, as compared with 30 cents per share in preceding quarters. In addition, an extra of 50 cents was disbursed on Dec. 29, 1941.—V. 156, p. 1862. company. rv- 30 Issues this year. of Extra Dividend— and United States excess profits taxes of {Including approximately $8,687,000 in 1942 and $649,000 in 1941. those of subsidiary companies. {Loss on liquidation of a subsidiary Cash have ■--.v: %; : An Canadian "■Including ,«,;>■■■ "!■ 1,742,645 com. share per share extra Dec. on paid year taxes. Earnings— outstdg. share Common Dec. distribution a retirements) Surplus •_ Fireman's Fund Insurance Co.—75-Cent Dividend.— —- 8,110,012 63,737 stk. cumul. pfd. on payable stocks, only payment on these Dec. Period End. Nov. 30— 2,321,898 3,192,319 4,043,315 contingenciesfor exch. adjusts. Prov. Divs. taxes cents Dec. on par of of •Federal for Prov. B the has been declared on the class A cents per share 1325. and income for •Prov. with as follows: and Dec, 29, were . Light & Traction Co.—$1 and •After 12 Vi 8,888,21^2 (netj- — 1941 Insurance stock, {Earnings Edison Brothers Stores, Inc.—November Sales— {72,022 ——— invests, on is p. 304,567 678 assets last; 20, 50 cents—V. 9 made, compared with 25 cents on June 28, 1941, In each of the four quarters of 1940 payments of 1214 cents each were made—V. 156, 42,168 67,103 class On of cap¬ Loss on disposal ital and This 153,166 contracts—__ of Amort. capital 29, last, compared 25 cents each, 29, the on Distributions of 21. Dec. during Payments per An Federal Screw 1862. p. dividend of A 393,878 217,469 (net) for Prov. 15. directors 24 Dec. 200,317 495,152 fees Interest 133,850,357 103,231,335 207,892,397 profit on salesinc., discts., etc., Total 1940 : and Gross Misc. 1941 1942 '— goods declared been record and Sept. •: 25 of y payments Easy Washing Machine Corp.—12 V2-Cent Dividend— 1939 $ 84,787,807 58,144,838 freight (less allowances has to" continue 159,083 U. income Balance (& Subs.)—Earnings— Distillers Corp.-Seagrams Ltd. Years End. July 31—- Cost Dec. 18, common •Net Sales 1942. cents ubin, Legg & Co. at 4014, less 114 p. 1048.- $1,549,432 19,386 interest Expenses, taxes and interest 1942.—V. 156, p. 2037. the Revenue Act of basis of the on of 29 June 1048. p. 37'/2 Distributions 5,000,000 ——— $1,264,829 minority to —— . taxes—-: $150,990 40,830 deductions; dividend Applicable for the first the year to cover estmated requirements under contract renego¬ and provision for other contingencies and recomputation of tiation taxes holders on both payable in United States funds on Federal Note—Figures for the nine months include adjustments half of will He company, 2129, June 28 and Sept. dividend of Dec. that Net Secretary-Treasurer, N.y J., . the p. share has per to 30, 918., ——$10,329,115 — general and administrative expenses———— paid ———— --— —-■— — for renegotiation of Govt, contracts, obsolescence Selling, $269,434 — amortization $10,321,834 — — _ income Preferred Total any companies ; 77,652 trucks and service parts new — of 156, $1,627,084 - on income Other 156, Federal Federal and State sales taxes— allowances, sales.: cents 30 made 20 cents; record p. . Miscell. and returns Cost 22.5' 156, p. 2129. 787,979 (net) __— 62 were March on 27, stock, mon on Balance |^.995 106,751 Fanny Farmer Candy Shops, Inc.—Extra Dividend— $2,715,789 $331,234 income of each cents.—V. 4,888,865 —Li revenues— oper. 19.2 130,746 o.f. ,Elizabeth,. Vice-President a Treasurer—V. payable Dec. cents dividend 15, Diamond T Motor Car Co.—EarningsEarnings McGu.inn.ess as dividend stock, 1942—12 Mos—1941 421,387 taxes) inc. 6.9 14,858 $889,027 $10,873,711 $10,182,324 565,528 (incl. Co.——ZV , 10,874 77,385 ' Equitable Investment Corp. of Massachusetts.—Div,— A 1942, (& Subs.)—Earnings— $929,640 Maintenance 1862. p. _ ——_—— Taxes were cents revenues Operation cents per share Jan. 15 to holders of record made on July 15 and Oct. payable $20. par Distributions of 2G. Dec. dividend a 2, 1951, p. 1942—Month—1941 Period End. Oct. 31— Operating declared 15 Dec. on March on Corp:—92,243 Light Pet, 158,323 169,197 ,, Amount on payable Jan, 1 to made on July 1, was each $1 & Increase 1941 figures do not include the system Inputs of named function 20 $8,333,738 $12,609,200 ——————— $20, par Light 1942 Elastic Stop Nut Corp.—New Vice-President— v,; W.F, 25 30-Cent Dividend— The and has been declared share per stock, similar distribution A annual payments of March 1, 1941 and 1940.—V. 156, compared and of prior record Dec. & Power The above 6,245,420 4,885,637 expense-— convertible 5% holders of $13,219,374 $18,854,620 — dividend semi-annual the 220,204 132,717 Power Thousands of KilowattHours '''(•■ not appearing in both periods—V. been $13,086,657 $18,634,416 - ,♦;«;•*> .. • divi¬ follows: March 31, June 30 31, 50 cents.—V. 156, p. 1C05. Eastern Utilities Associates Net the regular quarterly and Corp.—50-Cent Preferred Dividend.— Eastern last, corporate share per share have been per , A Gross cents 49.543,573 profits tax—~ Balance, income from utility operations™. Other miscellaneous income— : 25 Payments 52,257,975 and maintenance 'charges—.:;: Federal normal tax and surtax Operating Excess $1 declared on the common stock, value, both payable Dec. 31 to holders of record Dec. 10. , This, a total of $2 per share for the current year. of makes 1941 $76,549,632 $73,077,989 utility operations,—. earnings from Gross : 1942 30— Nov, Electric National of dividend extra dend Detroit Edison Co. /, 1 , no 12 " Operating Subsidiaries of— American Power & Light Co.— Co.—Extra Dividend— Duval Texas Sulphur An v the and Com¬ for 25 years an due next May— Dec. 13, on a voluntary plan for extending issue of $49,000,000 of 4f/e first and refunding bonds mission, Monday, December 21, 1942 ' 1 shares.—V. smallest to two according to the New York "Sun" were to amounting to 1,700 Shares 156, p. 2129. allotment largest Hudson Co.—To Seek Bond Extension- Delaware & officials of the company, liold & FINANCIAL CHRONICLE THE COMMERCIAL 2222 per Dec. made Dec, share has been declared 28 on 28, on the common stock, holders'of' record Dec.' 21. " A similar issue on Dec: 27,: last, ^as against" ah 1940.—V. 156, p. 1606. " " " to this . General American Oil Fresnillo Co.- -Earnings- (The) Year THE COMMERCIAL & FINANCIAL CHRONICLE Number 4135 Volume 156 $5,912,151 metals and ores produced. Gross revenue from Net $5,626,519 Operating, shipping and selling expense.,.—^ 4,755,707 gain ._W—A————r—■.w— $1,156,445 $1,058,450 9,867 — - . 1941 $346,838 $311,286 195,178 a— 334,953 1,234 —7 Operating income received Dividends ''' Total ' ■' Earnings per common share ——— . investments.™— on Traffic i-**——'—**"v* and invest, in subs, written off. exploration AA-*—————-AArr props, Outside "Net London and 10,000 Provision Dividend liabilities, 1941 and 1942.;,. -y 30, June ''.-.'-Assets 10 $6,320,868 6,320,063 14,088 and stock, declared 15 payable Feb. 1 of 15 cents to holders of lecord Jan. ■" Other Corp.—Earnings— 134,538 supplies- 847,899 24,849 chgs. (net) oper. 18,905 ■•i'J, . 99,514 555,192 sales of content 340,816 $14,868,413 and amortization Net operating $3,879,166 $14,585,843 $9,109,315 "-'-./A- A A..'..AAA'.:'A"-'-.' 7 656,509 289,275 1,734,873 774,159 —_ ——— 2,127,966 contingencies—— ;— 150,000 surplus * i 846,550 Paid-in surplus w—————————WA~A- "■7 185,828 reserve received advances agreement.—V. 156, refined on lead Net 185,828 Months Ended A $11,340,816 $14,868,413 be sold under pool 25 $429,679 cents 50 1941 ,'7. shares Earnings 7 outstanding—-— share— per $2, "After depreciation, interest, etc.* Gaylord Container - -V. (& Corp. 156, p. 1939 1940 $3,928,555 v 30,153 income —-— $563,267 $876,420 241,635 248,530 ■: Interest taxes inc. $4,573,940 437,643 242,236 13,260 1,293,230 547,950 111,122 17,010 48,691 352,370 187,000 2,325,600 Prov. 598 _ $176,632 $427,227 for tax_ inc. Fed. 145,000 Earns, per "Taxes nine the for income $453,828 70,317 $0.71 67,684 $0.44 share- com. on $300,476 months $843,988 204,889 $1.19 are the on basis of A the Revenue Act, but without- credit for post-war refund. Overprovision for taxes on income for the six months ended June 30, 1942, is reflected in the results for the third quarter,- tTo provide to high additional taxes and other contingencies attaching 156, p. 1952. . . • for rate of operations.—V. _ 7; Gemmer Manufacturing Co.—Earnings— Year Gross Ended 30— operations—— 1942 v.--;.; Sept. profit from 145,913 from rec. Net income wholly owned subs._ before Federal tax— ; 200,065 - Net ^ $314,424 85,000 $580,335 $399,424 166,000 56,500 : 125,000 on "After stock———— class A class on stock B 79,892 81,445 154,290 General Tire & Rubber In 164,583 this Balance marketable Sheet banks in securities and (less As of Sept. 30, 1942 of $299,302; investments in $14,572 to reduce to market value), finished and in process, materials and supplies, $678,181; prepaid taxes and other charges, $71,042; balances due from em¬ $8,512; inventory of products held against customers' orders were suspended upon .cessation of automobile production, insurance, ployees, which $63,842; claim against closed banks (less reserve of $18,069), $5,922; wholly owned subsidiary, $23,149; proceeds of life insurance policies deposited with Detroit Trust Co. (trustee) under terms of an agreement dated Oct. 9, 1936, $103,646; property, ' plant in investment and equipment not land (less reserve for used in operations, depreciation of $49,553; $683,742), $1,150,077; deferred charges, $65,274; patents, $1; total, $2,963,579."" $33,746; accrued accrued Federal payable (trade), $122,997; accrued payroll, State and Federal .social security taxes, $15,683; capital stock taxes, $10,000; accrued local and taxes, $22,100; miscellaneous accrued liabilities, $6,940; deposits for defense bond purchases, $13,450; reserve compensation insurance, $22,201;' dividend de¬ sundry employees' $19,963; provision for Federal income and excess profits $125,000; portion of proceeds of insurance policies, $51,450; stock, $1,500,000; class B stock, $100,000; treasury stock, $505,432; earned surplus (of which $340,117 is restricted on account of the acquisition of treasury stock), $1,230,585; capital surplus, $194,896; total, $2,963,579.—V. 156, p. 2183. clared, taxes, A class on 15 p. directors the This Inc.—40-Cent Com¬ Dividend— The John H. Sheperd, III, President and General Manager of the network, who will be retained in the General Tire program., c "The Yankee Network covers a great section of the United States, Mr. O'Neil said. "It provided us with a proving ground for our new by - merchandising plans The and our new merchandise." stations of the Yankee Network are: WNAC, 21 on Dec. 16 declared.a dividend of 40 cents per share stock, payable Dec. 24 to holder? of record Dec. 21. with 25 cents paid on, this issue on Dec. 22, last year; Dec. 24, 1940, and 25 cents on Dec, 22, 1939.—V. 156, common ; were as follows: Dec. on been respect important Bangor, Me.; WTHT, Hartford, Conn.; , —V. 156, Greenfield, WHAI, Me.; Mass.,, and WSYB, Rutland, made 16 in the to the 29 In Jan. to Total declared were 1942—Month—1941 Operating for deprec Prov. for general 1942—12 Mos.—1941 Prov. for Fed. Prov. for excess "-taxes Divs. income and other income 16,957,716 16 ,705,957 335,000 4,419,540 930,000 332,412 3,703,848 *1,908,069 371,697 960,498 184,385 4,822,601 155,800 —— $727,025 $734,783 deducts. 311,076 315,653 3,799,645 5,154,239 $415,949 $419,134 $5,440,617 16.—V. 223,005 223,005 2,676,064 2,721,778 pfd. stock ■: stock, par $1, Dec. 12 declared 31, to holders of of the and the record of arrearages each dividend a 1942 on Dec. A; 23. also paid was preceding of 80 cents per cents on Balance -V. — 156, p. 1774. I- — $192,944 A share share stock, payment this issue of both $2 per Dec. on quarters of per share the 29, current disbursements of 80 cents were made. Oct. 1, last, totald $5.75 per share.—V. 156, p. 1049. revenue $32,023,779 $13,209,590 321,824 988,755 $32,345,603 $14,198,344 of intangible 274,361 State 421,606 56,973 94,268 4,634,755 3,757,599 .__.A *17,151,502 1,821,531 income excess income ■ profits tax. taxes_______ .Wwi 485,740 income applic. to stock of subs, public—— hel4 by •Net 251,309 $9,317,965 Net; income Net 257,575 424,306 property..™. deductions $7,594,456 consol. income 2,506,380 2,175,815 applicable to stock of corp $6,811,586 Average number of com. shs. outstanding ^w 2,792,075 -Earnings per common share.A--—-—ww_.w ;; $2.39 $5,418,640 ^ V tIncludes equity in net income applicable to Pennsylvania Greyhound Lines, Inc 2,790,076 $1.89; <■ $714,997 ' — "After deducting post-war credits. < $546,126 , Note—The reported earnings for the first six months of 1942 a provision for Federal income and excess profits taxes at substantially in excess of those finally fixed by the 1942 Rev¬ Act. Such provision at rates finally fixed would have been included rates enue .approximately $1,385,000 less, which is equal to 36.6 cents per share applicable to common stock of Greyhound Corp.—V. 156, p. 2131. Guardian Life Insurance Co. of America—Revises 1943 Dividend Scate— A scale new of '' dividend adopted by .the board for 1942 The are of in available. for the at its ment policyholders in 1943 last meeting, subject to of in bonds the full year's was the operations ^ ■ dividend - formula from reduction a 3.5% to in the interest 3.3% A This action view of the steady decline in interest rates over the the probability-of continuing the company's policy few years and investing new directors * to only essential change in the scale is used called last of distribution January ratification after results increasing proportion an which will result in of funds new continuing a in U. S. decline in interest Govern¬ on investmets. There is little change in dividends on the lower premium plans.and short the durations, but substantial change in the case of policies higher premium plans and at the longer durations. will be no change in the interest rate allowed on dividends the left accumulate to at interest policy or $9,240,262 $10,527,738 left proceeds $2,764,553 $2,651,720 under an optional settlement.—V. 155, p. 2457. Hamilton Gas Corp. Earnings •' ■-V Operating •'■ revenues for (& Subs.)—Earnings12 Months - •• ___w__ Non-operating income Total operating (net) Ended Sept. Net deductions loss 3ft 1942 : $603,070 — _w__. 156, p. $4,400 2131. 1,544 $577,635 533,914 512,756 91,870 .— in — 1942 1941 $576,092 $606,824 income——. — "Includes —V. ' 3,754 ♦Operating expenses and taxes Interest $196,129 $2 common on three per of dividend a class — 96,902 $18,960 $32,022 compares 2130. pay¬ ,.v."-/v..--: 156, p. 2131, $5,373,498 I which .. common :iwA 264,690 i • on 1,716,453 tax] profits ,J_Wr~__) Gross Net inc. $3,303,037 $41,052,036 $36 955,882 325,265 — taxes at 1943, There 374,250 expenses...- Prov. Int. $3,761,136 1,374,098 revenue 6, ■ the on income Federal at -Earnings— Period End. Oct. 31—• , business income Amortization on Gross 1, ' following statement: the meeting of the prior years, adjourned Interest Vt. 1326. p. Georgia Power Co. 2, Oct. Christmas accumulations operating Other is WLBZ, WATR, Waterbury, Conn.; WFEA, Manchester, N. H.; WNBH, New Bedford, Mass.; WBRK, Pittsfield, Mass.; WHYN, Holyoke and Spring¬ field, Mass.;, WNLC, New London, Conn.; WEIM, Fitchburg, Mass.; WLNH, Laconia, N. H.; WRDO, Augusta, Me.; WCOU, Lewiston and 12, $1; 1150.;'.V % p. — Net usual Boston; WEAN, This March on March common 15. Dec. $1.40 :' 1942 '1941 Operating revenues $90,138,928 $56,246,492 Operating expense —52,127,468 37,605,885 Depreciation r— 5,987,681 5,431,018 Fall Mass.; record 156, p. 1150. the on record and quarterly rate River, the on of March on Greyhound Corp. (& Subs.)—Earnings— Providence, R. I.; WICC, Bridgeport, Conn.; WAAB, Worcester, Mass.; WCSH, Portland, Me.; WLLH, Lowell and Lawrence, Mass.; WSAR, . General American Investors Co., mon . , workmen's for war Auburn, Liabilities—Accounts because General Tire engineers have: already developed devices which they plan to offer to the public as soon ends, he said. " ■' ^ ->, V-" Application for transfer of the network will be made to the Federal Communications Commission in Washington within the next few days the as reserve first the radio many $198,578; customers' accounts, receivable (less, reserve of $2,000 for doubtful accounts), $236,582; sundry accounts and accruals receivable, $9,812; due from subsidiary, $106; inventories of products the purchase, William O'Neil, President, stated that step in the post-war expansion plans of the com¬ announcing economy and 7 hand, on Co.—Buys Network— These plans include entrance into other fields of manufacture and merchandising. Communications expansion is the first move made, because of the growing importance of! this field in the American depreciation of $98,684 in 1942, $105,692 in 1941, buildings, machinery and equipment, tln$43,000 in 1941 and $21,000 in 1942 for excess profits tax. Assets—Cash made declared of last, followed ending Dec. account year. Federal company, is declared holders to 9 Months Ended Sept. 30— pany., 1940 on in been holders 1, 156, has 16 on of Dec. on Other it was announced on Dec. -15, has purchased the 21-station Yankee Network, the fifth largest radio chain in America. charging $105,841 cludes to Oct. 1941 Green with quarter Accruals as at r year-end The 87,188 154,290 A— 22 on custom Dec. directors year, on its subsidiaries a gain of 2,166 companyowned telephones for the month of November, 1942 as compared with a gain of 2,776 telephones for the month of November. 1941. The gain for the first 11 months of 1942 totals 27,927 or 4.82% as com¬ pared with a gain of 40,417 telephones or 7.60% for the corresponding period of 1941. ' » f , The subsidiaries now have in operation 607,432 company-owned tele¬ phones, the corporation announced.—V. 156, p. 1863. Cr50,644 75,000 L. the account a, General Telephone Corp.—Gain in Phones— income'A——_W——:AAA':A $226,760 A $414,335 A $342,924 Dividends Dividend and 37,058 $505,335 H. the last "• The corporation reports for $263,780 $351,760 •(Provision for Federal income tax— : 185,955 $468,278 25,492 operating profit— Miscellaneous charges- (net)—— $654,233 been 29 were , $406,380 142,600 $336,760 15,000 "Net Div. 1940 . $311,268 Selling, admin, and gen. expenses... ' f,1941 $457,181 ■ has Dec. each has share Dec. $3.—V. results payable $470,889 $460,022 dividend of 50 cents per share has been declared on the common stock, payable Dec. 31 to holders of record Dec. 21. Distributions of 25 cents each were made on April 1, July 1 and Oct. 1, last. Payments during 1941 were as follows; July 1 and Oct. 1, 25 cents each, and on Dec. 22, 50 cents. The company states that the indicated net income for the 11 months ended Nov. 30, 1942, amounted, after Federal taxes and all charges, to $869,981, equivalent to $2.33 per share on the common stock.—V. 156, p. 1049. ,1942 156, p. 2038. cents per paid during during the share General Railway Signal Co.—Year-End Dividend— $1,059,868 212,304 $1.57 share per cents 50 50 $3.50 $1 22, held on Cr 1,532 A;.>V',129 •, Net profit Divs, paid on pfd. stk._ S. Greif Bros. Cooperage Corp.—Class A Dividends— the 607,598 shares of common shares for the September quarter amounted to $0.06 in 1942 and $0.46 in 1941.—V* 156, p. 1502. 456,040 $1 payable 30, payable Dec. the The 257,000 249,763 w 681,060 . 295,130 reserves- of with for AA profit Note—Earnings (est.) ■••Contingency Net & State for Fed. "Prov. $1,356,824 depl. & amort, charges —A Deprec., $2,761,928 $973,811 : and $726,357 $709,914 •i s of of ;; . Profit. U. the staff of the Rubber Administrator, in the company's tire division. on able Jan. 22 to holders of record Jan. 36,718 / miscell. (net) the to organizations administrating it is announced by T. G. program, . $689,638 $679,761 deductions in loaned done and the profits selling season will be known. Action on the dividends usually declared and paid in. January will be taken at the adjourned meeting." ■ On Jan. 6, last, an extra of 50 cents and the usual quarterly divi¬ 3,249,142 V 25,045 1942—9 Mos.—1941 1942—3 Mos.—1941 Period End. Sept. 30— posts been 30,1 last. June par, President $3,938,781 3,248,794 A— :: and have men value, par Sept. Payments time 1941 $851,375 Total The 2457. p. Steamship Co.—Year-End Dividend— no and no earned 3,279,425 21,497 Interest amount 1941. compounding dividend and "Continuing ; $4,130,800 $541,770 1237. common like (II. L.) Green Co., Inc.—Dividend Action Postponed— and 1 1942 Operating profit Sub.)—Earnings— A 17, for Government duty on Dec. 1.—V. reported dend of like amount Other income 155, the on 31. July :..■■ serve of common — ——. assume manager dividend 1942. 7 2,500,015 i Deprec, & amort., etc.— Common A $3,041,785 3 Mos. End. Sept. 30— $1,772,176 •'•'■• 398,667 77 395,505 AA $2.25 $4.15 declared Dec. including 1931.—V. technical will Distributions 29 stock, as follows: April 1, 35 cents; July and Dec. 26, 65 cents.—V. 156, p. 1049. 2,438,575 2,219,838 wLwA——W—,i, Aw-Aww $1,027,022 Net' profits .. $2,829,207 $1,797,302 — — Federal income and excess profits taxes been record and (Daniel) Green Co., Boston—$3.50 Dividend— 1416. were each; 50 cents accrued 31, Payments during 1941 were as follows: each; Sept. 1, $1. and Dec. 29, one share of 5% convertible preferred stock of Crucible Steel Co. of America General Outdoor Advertising Co.—Earnings— —w.'w—„W—W~www~—WW—- $23,723,715 $24,605,205 "Profit ———w———3,246,860 ; t 4,210,751 . $773,984 were during 1, associate interest.—V. 156. an for each 10 shares of Great Lakes common stock held.—V. 1941 each cents Co., 5% *5,250,000 10,605,000 share has been declared on the per Sales : 30 March 349,868 549,202; 19. 26 to holders of record Dec. 18. Distributions of made on April 1, July 1 and Oct. 1, last. Pay¬ payable Dec. in synthetic rubber President. stock, directors 1942 30— of dividend stock, to Co. (& Subs.)—Earnings— Sept. 2,737,000 General Fireproofing Co.—50-Cent Dividend.— ments 9 118,535 3,630,000 profits taxes.—V. 156, p. excess of since made company year-end June ' 273,229 inc. taxes 7—______ income holders Board. men Dec. $8,429,075 $3,629,519 $12,951,504 on. expense share has per to quarter Hull, who will compares Oct. 77 Fruehauf Trailer $4,332,907 debt "Includes 2130. p. & funded Prov. for Fed. 150,000 1,012,196 for "Includes (net).— income Interest 15 was and Vice common $8,335,157 93,918 $3,589,891 $12,850,970 34,026 7; 39,629 100,534 $4,298,881 ■ Total 4,007,074 2,075,327 Earned Total profit- - '■Depletion ;;reserv^—J—'A"178,695 ■ income cents Great Lakes ■ A Other plus to mortgage v. more assistant The ■A'!,::''-'wAV'A' A- A ; v. A:.'; (1,050.000 shares, no par) —' $1,050,000 $1,050,000 •Accounts payable and accrued expenses——— 133,586 150,425 Reserves for Mexican and U. S. taxeswrA-~A' 266,362 292,484 .Unclaimed dividends, w-'-^-A-A-w—..AAA/ .:w.A 320Aa A—-A Advances rec. on unliquidated sales of products "642,292 147,204 Prov. for treatment chgs., shipping & sell. exps. 315,084 wA Surplus • reserves';;,^—v 5,444,133; :. 5,797,875 amount of authority first Utilities NJ reduction for SEC its Goodrich Co.—Technical Men Loaned to Gov¬ Production is 66,646 44,977 to W. R. Hucks, manager of the raw materials division of the company, be assigned to the operating division of the Rubber Reserve Company. R. G. Boyd, now manager of planning and scheduling in the tire division, has been assigned to the allocation division of the War $9,042,669 6,005 PA for treasury of $4,955,390 Operating profit — Prov. for depreciation stock face NY , 1,390 W.' 25 each payment R. J. . of from its applied amount will Liabilities— A Depreciation of paid Graham, 1,281,117 260,005 $3,873,160 $14,540,867 $4,954,000 1,398,323 1978, 88'/2% nation's the 424,644 1, in has face ernment— "... 480,480 237,269 $45,000 payable Jan. been (B. F.) • 513,426 Deferred charges ,w_—w. 'Reserve at previous 1942—3 Mos.—1941 1942—9 Mos.—1941 $5,671,749 $4,397,318 $16,494,382 $10,583,792 Operating profit — Net profit on copper 47,145 ,010,448 Common June dividend A . stock, made expenses 1,201,355 233,981 41~095 7:'. Total due cash excess company cash Gladding, McBean & Co.—25-Cent Dividend— p. during 1942 were as follows: April 1 and Aug. 1, each; Nov. 2, 15 cents; and Dec. 19, 10 cents,—V. 156, p. 1952. cents utilize debt, for company, share 20. per 7—• 1941 $1,510,085 ■.p., 2038, /■■;. ;v7::-7';v''7v':'7''', >":'A' v.■; dividend a to order long-term bonds, Co.—15-Cent Common Dividend.— Gross profit on sales— Selling, admin. & gen. 64,043 780,263 deposits— 156, to Dec, 2131. p. purchase $500,000 extraordinary reserve for .,,.7 7. 77 General Cable 6 ,454,033 —w_—. Materials sundry and receivable a $2.31 $0.86 1 1942 $1,655,969 $44,025 Georgia Power & Light Co.—Seeks to Buy Bonds— In $3,304,683 $3.17 $898,392 t$2,403,551 156, its 1942—9 Mos.—1941 1,040,964 shares of capital stock.—V, Dec. on common Payments 1941 28,788 Products —V. -—Jan. 1941 $31,975 • , Three $2,,140,188 . , 1942 earnings Government _WW———w— Accounts directors the on assets 13,252 and on hand receivable .. ton .;■/> Period End. Sept. 30— assets Cash in banks ■: The 367,482 ■ Notes and provision of General Baking $616,674 ,1942 A- A;-v''. ' . has prop, Investments.' w-A——-A———---w— ■Other 2038. rt. A, June 3ft in Mexico, incl. appraised value of developed ore bodies--—— Plant, mining & other mach., equip. & bldgs.— Mining ■• *$1,148,003 $1.10 — computed at 81%, Ay,, Sheet, Balance Consolidated 1942—3 Mos.—1941 952, and other foreign currency Mexican peso of ' - . and Federal income and excess profits taxes, tAfter a a $1,500,000 extraordinary reserve for contingencies and Federal income and excess profits taxes. The excess profits taxes were 66,548 $779,308 944,955 ——-—W-r—A-—Ww-wA paid conversion On and depreciation for the year Gain * 1,302 53,131 profit "After charges 303,119 taxes—- other for for Reserve • contingencies provision of 10,000 284,567 Sept. 30— ^Earnings per com. sh._ $1,030,570 33,277 37,525 expenses,. S. capital stocks tax-———Provision for Mexican inc. & exc. prof, taxes. Net 2,847 $1,165,832 provision for ,U. . 235 <■ General American Transportation Corp.—Earnings— 1,834 A V ~ York New 2,439 ——-—w~A--~" profit- exchange Balance ■ ■ 1 ' $0.68 $1.35 ————— 156, p. 1149. Period Ended $1,067,760 t,:'vA_w'" 38,204 $1,168,506 ■' Mining —V, Days End. Dec. 7— Period— 8,077 2,194 Georgia & Florida RR.—Earnings— 1942 income Outstanding shares of common stock 4,568,069 Miscellaneous ■ Co. of Texas—Earnings— Year Ended June 30— 1941 1942 Ending June 30— 2223 and $312 in 1941 for Federal income tax. f THE COMMERCIAL & FINANCIAL CHRONICLE 2224 Net earnings — Depreciation 71,025 - _ 1941 $295,731 87,014 1942 $432,204 30— Distributions -Earns. Guelph Carpet & Worsted Spinning Mills, Ltd. Years Ended Sept. March 1939 1940 $267,158 $169,486 .32,968 44,084 made. was Net profit- $361,179 $208,716 $234,189 The $125,401 income- 12,311 11,866 7,561 1,655 operating and other in Total for Prov. — $373,490 $220,583 $241,750 $127,056 taxes— "253,679 152,000 155,000 23,000 $104,056 income Fed. $119,811 $68,583 $86,750 Preferred dividends 14,445 32,500 dividends- 52^500 52,500 35,000 Surplus for year—__ $67,311 $1,638 $19,250 $36,556 144,801 143,163 123,913 87,357 profit Previous — . surplus stock common The on M. A. Industrial the of offering of its 5',v> Industrial cash sales of the new stock subscribed were for by amounted virtue stockholders' preemptive rights. of A. M. is Co. the it Corp., Hanna largest stated. is is Co., Rayon Corp.—V. holder single George M. the Chairman of 156,. p. .1417. in stock of Humphrey, the the President executive committee ... , .* , . preferred stock, dividends, that announcement Hanna RayOn of on Intercontinental Rubber Co.—$1 Dividend— to the dividend A payable shares 16,222 of exercise of Dec. cents Of the old T,l> holders to International , The • Army-Navy .materials Dec. Machines the on with compares 16, Dec. stock, common This 21. 011 1940,-and. 20 Corp.—Army-Navy -m: . "E" award for conferred Dec,, 15 was at Endicott, record Business "E" Award.— the hands of the public. Sales of this issue are continuing daily and the exchange offer to holders of the old T/o preferred stock does not expire until Dec. 30.— v., 156, p. 1608. ' ' ■. - .r ; v ':\■. preferred stock in has been declared of Dec, 17, last year, and 27, 1939.—V. 156, p. 960. on Dec. oh $1 per* share 24 ",40 cents paid the preferred stock outstanding 2,957 shares have been already tendered for exchange for 3,252 shares of the new 5% preferred, This, added to the shares previ¬ ously referred to, brings the total to 19,670 shares of .the new 5'/<>: 35,000 Net the on and on-March 31, June 30 and year-end payment of 50 cents a on 15 shares 196 common 32,500 Common made were 27, certificates for which are not issued at the time of the 18th instant, will be paid on or before Dec. 31. sold, date of .Dec. and each Dec. on - the record As cents company is making a public that connection makes the stock such 25 while 1941, 30, and Int. of 31, June 30 and Sept. 30, last, Sept. Monday, December 21, 1942 excellence In production the main plant of on N. Y.-r—V. 156, p. 1953. ' . of war this Corporation " ' • . $212,112 $144,801 $143,163 $123,913 $3.42 forward Balance $1.55 $1.55 $2.04 shs. stk. (no par) com. ""Includes . and income refundable mated profits excess portion Balance Assets— and Cash of taxes $268,000, $14,321. of Sept. Sheet, receivable share and .——__ $648 468,647 606,170 583,841 advance—wool————.——15,000 Prepaid insurance and taxes —— 4,861 86,478 3,880 (net)-; Inventories —— —, in Payments Investments Land — Life insurance premium Total paid-. -— — 752,088 46,090 the accruals—————— national and $15,627 $76,610 depreciation for serial 4r/o > account, loss 1148,246 554,173 554,173 1246,883 212,112 2,851 termination Dec. 27, 1942, Federal Other 35,000 $150,000. the J. Young, stock common it and is as taxes of the Products Trust York New $2,641,407 trustee, Co., Broadway, 100 N. City, Y. p. on m. 156, p. 2033., fund.)—V. Net "M'.'' ■ • for five-years securities..,-, new capital This i •... 151,523 138,127 1,316,788 ' 77,373 930,148 1,023,452 ,v Hathaway Bakeries, Inc.—Resumes Dividend— Dec. on 587,500 58,400 50,000 $239,815 $122,603 $1,875,215 $2,086,342 256 197 3,720 (net) — $240,071 $122,800" •director.—V. $1,878,935 $2,091,684 56,250 675,000 675,000 5,382 10,824 49,578 105,834 of construct. C?'123 Crl35 Cr2,925 Cr6,914 and ■ — There • chgd. to income — $178,562 . applic. to pfd. Balance $55,861 $1,157,282 414,342 414,342 B, —$742,940 $903,422 „———_——-— Telephone Co.—Earnings— Period End. Oct. 31— 1942—Month—1941- Operating 6,585,001 expenses—— Co., Operating a dividend of $1 per share on the stock, no par value, payable Dec. 28 The last payment was one of $1.75 of holders to share per record share.—V. of as 156, 21. , 1, 1942 were said to to $66.50 amount 1864. 1 April 1 —V. Works, Iron Hendy Calif.— Sunnyvale, Ilollinger Consolidated Gold Mines, Ltd.—5-Cent Div. The share has been declared on the $5, payable Dec. 31 to holders of record Dec. 16. stock, par of distributions cents 5 per made were for making 1942, total, a 28, Jan. on May 20, June 17, July 15, Aug. this year, Feb. 25, March paid in 1941.—V. 156, and July Honolulu Rapid Transit Co., Gross Gross $2,844,037 $207,151 $378,813 2,924 1,042 19,116 17,091 249,766 37,425 23,744 289,578 173,502 ;!/ transports Gen. 87,638 52,470 697,457 381,875 1,825 3,082 17,342 21,366 misc. exp.— and Net Rev. $1. 499,865 —— 27,888 27,032 222,969 from transp.. rev. $183,984 $82,688 $1,347,809 $592,841 transp. 1,372 1,596 11,776 Commissio» to Prov. Net $185,356 $84,284 $1,359,585 $3,315,125 $5,009,796 273,458 166,313 Net $489,976 $143,126 $605,491 " (net) Crl8,068 Cr7,334 17,254 tax. 160,000 76,000 60,000 25,000 $464,763 $396,310 $125,572 $4.88 $4.16 $1.32 "Loss., •' of / 1,Mast, and the on record v 1,351,711 300 .. 25 cents This each on . 1942 * ,, 1941 : > $5,881,820 $5,684,942 2,354,717 317,815 income 295,234 684,076 / M taxes__.i_l-__C— 626,062 399,940 • charged $1,502,257 22,783 $1,4G8,914 debt___, 661,119 •• and! discount expenses- payable excess for if 59.933 : Cr10,524- Cr4,034 $802,088 $735,760 available, now profits is tax indicate that no provision for required Tor-the 10 months,ended Oct. M would years 16,040 ; calculations there are no Federal excess the year 1941.< Preliminary calculations, have which 661,215 12,351 57,670 company's information, on ; , —... taxes $1,446,131 $1,522,704 to construction—.'-— the on 135,024 20,447 debt debt 157,929 - T~* from o|)erations_^__^Al;_i. -(net).li^^w-Lf:_7Lr„-_i^M of 669,844 520,978 the amounts equivalent to Federal income payable 011 earnings of. the company, in had not had the benefit for income tax discount, premium and expenses incident been company 156, 696. p. • T - Iowa Southern Utilities Company of Delaware—Earns, : Period End. Oct. 31 1942—Month—1941 1942—12 Mos.—*1941 $377,956 $389,742 $4,616,126 172,076 164,576 2,016,461 28,125 25,450 338,525 47,155 45,683 585,005 M!" retirements-,. 40,000 40,000 480,000 Net; oper.> earnings—i « $90,600 Gross *$175,642 < earnings—„ oper. tState & Fed. inc. Nil ; common Dec,. 10, .■ A— Oper. exp. and maint. share— declared holders Oct. 1 represent *$75,218 100,424 profit A Bankers purposes of deductions for to the refinancing of long-term debt during 1939. These amounts have been credited as a partial offset to the unamortized cost of ,the 147,43? $666,696 Earnings per total series the Co.—Earnings- taxes $1,423,925 $2,248,144 1,938,705 inc. been has to on income Federal such 4,069,642 paid 31, 1942.,,, tThese charges 1939 1940 conting.... for • 2132. p. ... unfunded on "Based , 2,625,180 199,969 for Fed. Reserve bonds, at $106,863,384 and and deductions . ; , 1,. 1943-a Jan. made revenues-__A_-i.w_-^-.-^A-|.v refinancing.—V. Other ; , mtge.- be earnings Interest it admin, exp. of as fund will for' depreciation-— Amortization 'MM- ■ M '■'»v M" 2039/'. 1941 1942 operating profit- •.. , 2,456,754 income Interest Including repairs gen. <fc Net 12,650 oper.— than other sales of Sell., 181,072 Conducting Traffic value of par a p. " 140,926 Power 156, discts., provision for deprec._ 8,284 37,127 —~ Sept. 30— less sales maint. 1942—r9 Mos. —1941 transp. from having Dec.' 23 . Net earnings Interest on long-term < (& Subs.)- -AnnuaJL Report- returns & allowances. Way and structures— Equipment rev. Net based Years End. Ltd.—Earnings- 1942—Month—1941 securities $40,121,000.—V. Illinois Zinc Co. 22, Cost period End. Sept. 30— of ,, 1,' 1942. Payments "during 1941 were as follows: 1, 25 cents each; Oct. 1, 75 cents, and Dec: 23, $2, 782.. p. share per cents and State profits 1050. p. value ; N. Y. City.—V. 156, taxes \ Similar 4 and Dec. 2, payment, of 65 cents including the current non-marketable fair .plant for a j I 1151. p. tCharge in lieu of Federal Income tax_„i-^_i Commerce Interstate $1.50 "Federal 13,673,099 16,514,655 $10,173,202 $li;983,3Il 1,015,633 8,884,054 9,553,254 common April 25, the 16 Wall St., General . 12, Sept. 9, Oct. 7, Nov. compared with $1.10 as -1,442,585 asked sinking Payment Maintenance extension of its $25,140,000 loan from the Reconstruction Finance Corporation from May 31, 1944, to May 31, 1949. ■ Collateral pledged with the RFC consists of securities of par value of $35,803,500 and a market value as of Oct. 31, 1942, of $19,289,696, a potash,, pro¬ Cincinnati at Operation approve and its . redemption 5% int. payable operating Other has for ref. 12 Mos. End. Oct. 31— 2039. company called & 50 July and 156, Total $1,243,273 1,284,646 p. construction . Iowa Public Service 60,729,673 64,571,469 of par, with , Illinois Central RR.—To Extend RFC Loan— company,—V. 156, p. 2038. dividend 156, that large .market outlet to the a Steamship Co.—$1.50 Dividend— per Purchases Crocker-Wheeler Electric Mfg. Co.—See latter A _ income Net —V. 1936. Dec. p. (Jushua) Dec. 22, Dec. on Arrearages 1,668,567 income—_ under 1775, and trustee, 110 April $2,685,858 $26,687,857 $25,656,410 $1,433,052 taxes Net open outstanding $7 cuinul. conv. pref. in area Mexico,, finds Nickel Co. of Canada.—New V.-*Pres.— 1st compares 1942—10 Mos.—1941 6,378,650 $3,101,619 revenues.". oper. has p. 102 dividend A stock, $9,089,534 $91,501,643 $86,620,657 25,026 242,317 234,574 $9,709,695 rev23,075 revenues—C Uncollectible oper. mid-west the that area. potassium chemicals.—V. 156, been of at Interlake monthly pro rata credit adjustment of $83,500 to adjust tax provisions to the amount required by the Revenue Act of 1942. At Oct. 31, 1942, there remained a net overprovision of $128,800 to, be adjusted in the months of November and December.—V. 156, p. 1865., Operating taxes Other taxes V: for Prov. $4,580,426 1,962,873 . 273,250 . 541,188 480,000 - Consolidated Balance Sheet As of Sept. 30, 1942 Net from rev. Taxes assign, operations to ry. Interest 93,733 , 15,504 819,406 129,751 1,267 (est.) 2,891 25,810 —. (est.)—-. 21,000 239,400 11,833 181,627 Cr4,255 29,157 "3" 3 74 28,150 Profit and loss,—-, Replacements Cr2,198 31,822 Cr4,402 Depreciation Cr31 — Taxes and Net —V. contihg.—— revenue 156, 50,000 30,000 $16,640 —_ $11,516 Houston Lighting & Power Co. Period End. Oct. 31— Operating Operating $1,517,564 587,410 expenses- Other 155,000 $66,301 taxes Earnings— 1942—Month—1941 revenues- Federal 100,000 $177,026 . 1150. p. Assets—Cash receivable $1,213,369 $16,006,120 $14,048,258 p. Net Other oper. Other : and int. $451,972 $311,198 $3,799,724 $4,146,367 31 3,797 10,293 $3,803,521 stock, ment 962,500 15,055 15,888 178,581 during $2,662,440 $3,024,965 stks. for . The the 315,078 315,078 $2,709,887 period credit adjustment of $38,043 to adjust tax provisions required by .the Revenue Act of 1942.—V. 156, p. 1774. directors quarterly par the on cents $50, per have declared common share on stock, a no the 5% year-end par pref. dividend value, stock, an par of 50 initial $50, common 434,912 519,700 33,333 "Restated accrued - $49,822 comparative purposes, 156, p. Operating cents per to holders March on as share has been * 28, follows: and Dec. of March 24, record July $1.—y. 1 declared Dec. and 29, 50 156, similar 21, A 1, last. Oct. $102,913 cents;' July Other pay¬ l~ahd Oct. to i, Retire, the A per of stock, in 50 cents addition to a share per regular has been dividend Int. declared of 50 cents income and both payable of Dec. cents 50 each 28 to were holders made on of record April 1, Dec. July 1 19. N. He Osborne, Co., succeeds Mr. the Osborne Co., Co. Hanna late is George a director N. 130.889 12,209 146,641 174,853 $37,491 $476,080 $409,692 38 Dr5,556 $37,529 $470,524 ' • . 513,355 102,142 c ' $34,704 15,109 7,500 7,500 90,000 $30,029 $380,524 6,890 7,001 83,853 738 750 8,979 charges- 1,361 296 —— $18,214 $21,981 $424,802 — 90,000 • • $334,802 85,131 debt discount income 'Common 15, —V. . 8,326 • 9,116 ■ - 8,903 dividends 156, p. $279,366 $231,652 91,800 paid 91,800 2039. ' (Byron) Jackson Co.—Earnings— . of Armsby the Industrial of New Rayon. .Corp. York. a director of various corporations including the M. A. Hanna Coal & Dock Co., Franklin Steamship Co., Jefferson Coal Co., and Susquehanna Collieries Period Ended '"Net per com., sh. "After all charges and taxes of estimated common ... on stock. the 1942—3 Mos.—1941 1942—9 Mos.—1941" $165,410 $229,114 $816,062 $0.43 Sept. 30— profit •(Earnings Co., Coal $1,200,044 620,601 Drl,436 : stock deb. of $36,140 .expense income Vice-President, Treasurer anil director of The M. A. has been elected National Steel * $1,374,210 8,847 1, year, New Director— Earnings-^—; 1942—12 Mos.—1941' $27,204 income Other Dis¬ and Oct. 1942 - — accruals reserve on Amort, on per year-end dividend of 50 cents per share was also paid on Dec. in addition to the regular payment of like amount. last usual stock, of last. C. cents dividend (net) .v 254. p. income- M oper. income Gross $545,086 for 44,365 * 1 126 •_ Payments $445,645 <& Subs.) 14,669 Utility 150,000 155,091 ;;M.' 142,289 v ' 48,391 v the common , ^Federal income tax $99,326 Operation Maintenance on 33,960 198,815 : . 1942—Month—1941 revenues $1,323,115 , 1953. Jamaica Public Service Ltd. Period End. Oct. 31 , . 12,500 40 'Jo.—V. at 43,308 Mi 11,473 $28,491 for Net share, Hanna dividend and of 87 y2 cents per share on the 7% pref. payable Dec. 23 to holders of record Dec. 18, dividend all each, year-end the Houston Natural Gas Corp.—Year-End Dividend—5% 62V2 $1,357,07^5 >.-'V 17,715 Net, income Industrial Rayon Corp.—Year-End Dividend— A $356,708 Preferred Stock Being Offered and Exchanged— share $1,234,463 .. deduct. Vli.. 14,214 other & Gross tributions "Includes made 1941 were cents 169,195 $215,966 $2,347,362 the amount $117,103 bonds— 962,500 deducts. applic. to pfd. of 50 payable Dec. 29 was $4,156,660 80,208 dividend A 75 $311,229 Balance ■ 38,329 $93,753 earnings— mtge. on Amort, Taxes 1,180,754 80,208 Net income Dividends 1,261,242 $452,804 — bonds-'— mtge. $1,196,135 3,070 Int. on oth. funded debt 801,251 832 revs income on ; net Total Int. $114,033 3,153 income Independent Pneumatic Tool Co.—50-Cent Dividend— — Gross income Int. receivable, $17,736; 2132. Property retirement res appropriation Other $12,431),. $310,305; $373,735; prepaid in¬ contingencies, $85,000; capital stock, ■ $95,140; paid-in $369,180; earned surplus, $871,617; total, $2,395,678.—V, 156, surplus, 2,236,205 126,897 ; accounts of for reserve 5,683,681 108,333 accounts (bank), $342,000; accounts payable, $101„387; accrued expenses, $179,569; dividend payable Oct. 30, 1942, $23,785; provision for Federal income tax, $160,000; advances by U. S. Government agency for development purposes, $100,000; 4% note payable (bank) (less current liability of $232,000),. $68,000; 6,474,613 830,475 customers' $400,122; hand, on doubtful Liabilities—Notes payable *3,640,066 62,716 and for inventories, surance, taxes and other expenses, $28,394; property, plant and equip¬ ment (in use), $977,550; property, plant and equipment (leased to others), $188,230; property, plant and equipment (leased to others), $188,230; property, plant and equipment (not in use); $62,011; propor¬ tion of rental (less reserve for depreciation of $17,507), $37,594; patents, $1; total, $2,395,678. 490,388 70,241 bank reserve sundry accounts 222,170 "299,608 -— taxes 1942—12 Mos.—1941 in (less " j , $1,317,764 the period-- stks, for "Includes Bell also 156, have $89,000 Trust Net ■ International Paper Co.—Bonds Called— 56,250 and , large chemical plant—at it produces mono sodium» a . deducts. int. operates Donald MacAskill, Vice-President and General Manager of Canadian operations, has retired and will be succeeded by R. L. Beattie, for-. merly- an Assistant Vice-President. Mr. MacAskill remains as a mtge. bonds- on Corp.—Acquisition. 5,342 683,400 ; ~ declared 9 18. 1941; <• - . Amino in New mines growers in International .* Provision directors com- Dec. on Dec. 14 announced that, through its subcorporation has acquired ownership of Amino. active'in is its the manufacture of, 940,731 63,429 . at International 1942—12 Mos.—1941 $6,819,891 Y $6,714,473 2,014,340 2.076,448 $565,525 177,422 --i1 income Gross Net The the on record of April and July 1, sodium beet sugar 1942—Month—1941 $591,738 revs Illinois on Dec. 12 declared a dividend of $1.50 per share stock, payable Dec. 23 to holders of record Dec. 16. compares with 50 cents paid on June 15, last, $1.50 on Dec. 5, 1941, $1 each on Nov. 26, 1940 and on Nov. 24, 1939, and 50 cents on Nov. 26, 1937.—V. 155, p. 2279. the declared holders on -, reserve income Other directors The -, been to made were glutamate,. (he principal Amino product, is used prrmarily, .as, a .vegetable protein, for dehydrated foods, soups and is in large demand for;.certain.army rations.,,, It is also annouced that duced ——— oper. Other Hart, Schaffner & Marx—$1.50 Dividend— on Dec.r 24 245. p. of: Detroit. Co. Mono . -Earnings— 31—, appropriation will Jan. 4, T943, receive bids for the sale to it of first mortgage refunding and terminal 5'/<■ gold bonds due Feb. 1, 1952. to an amount sufficient to exhaust $90,747.54 (for account of the sinking 2 154, has share per each -Rossford, Ohio,...a suburb of Toledo, where jglutamate and glutamic acid products and derivatives. that Gulf & Ship Island RR.—Tenders— until cents sidiary,. companies.. the . com¬ 78,571 retire, Dividends The cents 30 Louis Ware, President, / par no 20 $10>. (payable of International Minerals & Chemical -trustee., proposed agreement be extended exchange of taxes. Property shares. tLess amount paid on tLess loss on sale of bonds, $125.—V. 156, p. 1774. by of outstanding, trust without expenses Int. "Represented shares of Power Co. Operating Int. 1 Charles and dated Dec. already are revenues— 144,801 $2,534,293 — of par since.—V. none 1151. 247,008 — stock, ^Distributions 727,886 — account, of Period End. Oct. 500,000 Total dividend A , v.mon was International 169,938 798,911 483,000 ———_ ——— and 5,838 ——- — —,—. Surplus 8,345 5,664 . assets——— fixed on debentures "■Common shares Profit 8,695 tax———„——_ Fed. inc. and excess profits taxes— Reserve for Reserve defense accrued——;— interest Debenture Rhodes agreement Operating including of June. 20? Co., Chicago—Registers With SEC— John F. of Certificates date from $2,641,407 267,793 Sales maximum a Idaho Liabilities- Creditors, 156, p. 20, payment previous Sewing Machine Co.—Re¬ per holders to March on The Button-Hole Common Dividend— sumes cents 10 29 Dec. made 1937.—V. of 1 with 14,321 $2,534,293 — Rosset, Voting trust a pany. • _— ——; — — 87,800 511,934 — taxes payable were 1941. 30, dividend 27, 1932, on Dec. 8 filed a registration statement (No. 2-5069, Form.F-1) with • Securities and Exchange Commission covering voting trust certificates in connection 812,683 50,280 —— —, refundable Estimated under 87,800 . Plant, machinery and equipment—— Goodwill Barnet L. 1 — buildings $1, par Oct. on cash a distributions and cents per share 011 Dec. 28, 494,418 —_———— and Similar last, 30 declared stock, common 19. Dec. Sept. Huron Building 100,000 .— 393,756 Accounts the on record 11 Dec. on 1941 1942 bonds— directors The 12V2 balances.—$55,003 Canada of \ 30 V bank Dominion esti¬ less , International Howell Electric Motors Co.—10-Cent Dividend— Earns, per sh. on 35,000 $0.61 $2.15 provision for Federal income and basis Of the 1942 tax law. tOn $407,260 excess $1.08 profits 378,680 shares ■ Volume 156 Current ,/■ THE COMMERCIAL & FINANCIAL CHRONICLE Number 4135 - deducting after assets Kansas City Public Service in¬ 1942, Sept. 30, of reserves, ^as cash,> amounted to $5,'5l4,434 and current liabilities were $3,078,356. This compares with cash of $205,198, current assets, of $3,802,036 and current' liabilities of $2,483,138 on Sept. 30, 1941.-rcluding ,$826,439 V. 1465. 156, p. ' „• ■'"/ J. Total General taxes directors The of cents 15 share per 343. ■156/ p. ... 'a!/// ■/•/•/ the on stock, common Dec. .15.This record \<<//< > > 1 ,V ■■ no -r in a Court District Net the of District New j .this is and said: member, a "After f against, who share______.i_____?/r___^-________i, for accused are of See that company class below.—V. 81, p. Jones & Lamson Machine , Dec. 22. none since.—V. directors recently the and regular stock, common 14. Dec. The K-2, quarterly dividend both $20, par Like special a amounts payable 19 Dec. disbursed were 25, and Dec. 20, dividend of 40 cents and a p. 866. June Directors', The Ended and to of a for allowances $6,806,976 3,312,510 818,762 623,134 365,403 122.477 100,194 70,221 $1,877,214 $1,629,959 $1,379,900 112,539 101,300 ; : taxes_y„ ——___!_—_1_„ Operating profit -.1„ income Experimental expenses *-'• ! ■ , — — 30, extra an A sale of capital assets, Normal Federal $1,742,498 of declared been Federal excess tax.— profits refund Post-war A tax 22,252 by without $1 of '375,100 A / 383,000 712,250 Rules on adds: Note—Included of reduction the by (less 65,800 Cr9,100 / in aggregating the the $0,306 trust Assets—Cash and hand on accounts accounts to ^equipment is of for of amount net Balance and Sheet, demand receivable, Sept. deposits (less trade ';;•■■/! current ',•/■■ dis¬ under which, 4 ' , losses or partly or entirely capital, of 783. receivable, notes after due "For (emergency insurance and /Government .contracts,. charges, $45,780; of $4,458), in costs payable to $9,249,920. due .in • portion due advance payments within . year, one to Dec. 22, 1946, tor;— Period End. Oct, 31— expenses Crl01,204 :67,119 Other -taxes :*Amort..of Cr33,321 39,168 35.456 $88,028 $91,881 Dr30 $9,414 51 $7,559 $9,465 $87,412 $98,470 1,811 1,889 22,815 23,795 4,884 ; —A,-—* .62,500 A. ■ limited.-term, _____ 1941 and • , ' 745,000 .. " AAA.- ' . • // ___— restated been applicable $481,469 *" $186,796 $2,360,493 Oct. 1942 31, 92 2,096 j bonds— debent. bonds— mtge. $186,888 $2,362,58.9 The 540,000 p. 10 of 1052. « cents per share ■ .15,000 : A-——- Cr55,070 of 30 cents * share per of payable 20 cents Dec. 24 per to oper., . share has been declared holders Dec. 17. Dec. on on 23, 1 the common This approved 15 the convertible the a reduction in authorized the preference stock amount now retirement Harry Sands.—V. of 156, p. 866. has company of 1st Bldg., called be gold from trustee, successor v"r: ;;//• , • ./,/ •■ ,;■ : has also made The company redemption as of Feb. 1, 1943 a total bonds due July 1, 1949 at 110 and the sinking fund at the Maryland Calvert and Redwood Sts., Baltimore, for 5% made mtge. will Payment the above issue N offer to purchase additional bonds of 155, p. 2459. Total Aug. 27, 41 Aug. 28„ '40 Aug. 31, '39 Aug. 31, '38 , to to to , to Aug. 26,'42 Aug. 27,'41 Aug. 28,'40 Aug. 30,'39 $240,192 $227,993 $208,638 $203,161 salaries. <<<■'<■--<■<' * / ' : Theatre and •!.' /! ' /, ! ?! /, - revenue . ________ exps., . written ganization 6,000 $210,227 $192,138 $186,611 expenses- 116,845 115,992 97,630 65,604 $105,247 $94,235 $94,508 $121,007 etc. profit Previous 6,000 or¬ deprec., taxes, Net 10,500 6,000 12,100 — off Balance Int., $859,632 '* V surplus Preferred 751,696 748,733 $845,931 822,262 $843,242 754,385 surplus Total 10,550 11,767 6,000 v $222,092" etc wages, Amount . / . Period— an int.—V. and Loew's Theatres, Ltd.—Earnings— (Marcus) , 110 at ■ $943,239 / 91,546 91,546 194,535 $790,97^.^ ,$,754,385 $751,696 $748,733 Aug. 26,'42 dividends Earned Aug. 27,'41 68,660 ___ "surplys* / '' Balance Sheet receivable Accounts Real —_ leasehold, estate, bonds Govt, of recovery and 1941, and 10 booking Organization expenses Prepaid insurance and bldgs; and and 887~613 interest.— ■•'■rr exc. / 932,337 201,311 equipment__ accrued 200,703 " year's income tax rights-—*——— 5,561 prior 750,000 750,000 : ' 12,000 6,000 —- 21,880 8,366 $2,272,818 $2,238,928 expenses.*.--—!__—___ Total —'———• Liabilities— for Earned 750,000 shares— ——i—— preferred shares Common $7,84A 72,800 750,000 754,385 $4,946 — — 653,900 790,973 taxes cumulative ,7Vo 73,000 653,900 payable and accrued charges— Accounts surplus Total -V. $2,272,818., $2,238,923 — 154, 1700, p. Corp.—Initial Dividend— Loft Candy 1942—12 Mos—1941 $2,635,828 $2,484,943 1,327,194 1,294,911 ... 77,637 & $330,930 4,593 $400,454 _i—i—_ •- compares : 1942—3 Mos.—1941 $656,983 $633,218 332,268 344,155 revenues— "Fed. Other exc. profits tax— Albert nounces 308,911 293,999 206,387 186,500 9,126 145,324 27,324 $158,055 $648,010 10,012 * ' 39,211 $682,210 Greenfield, M. "that at of -10 dividend the 76,273 45,610 ' 44,428 income $153,516 (net)—— 9,028 operating company's 15 Jan. of Chairman of the Board of Directors, an¬ of the board ,held On Dec. 16 an initial share was declared ort 1,473,259 shares 0° meeting a cents per stock presently of holders to Control income $1,503,413 / Gross income $162,544 : — Int., & other deductions record outstanding. Dec. The dividend is 30. payable ' , corporation was. acquired by June, 1940.—V. 155, p. 1680. this a group headed income stock . . $947,070" - . ; • • $982,629 • . ' '$168,067 57,082 ■ 55,974 $105,462 ________ divs, $112,093 43,750 "1942 • • in Federal • ~ Balance ■'r ' ' $687,222 229,086 /• $709,268 219,059 income 43,750 $458,136' 175,000 $490,210 Greenfield in by Loomis-Sayles Mutual Fund, Inc.—Special Dividend— 27,059 special dividend stock, no Dec. On Net Preferred 520,784 . Mr.- A < Crl98 Net income -i-.—-— .', $402,240 $107,759 $1,467,854 DivS.; applicable to pfd. stocks lor the period-*, 520,784 19,282*' Int. chgd. to construct.- •/ 1865. has 49,134 180,000 & deduction's p. by Cash 1 v profits— 229,247 156, . ':7^7^::;)7,777 < ! ■ Dec. on $3 par Assets— Dividend— 540,000 180,000 V. income and excess profits taxes to give effect to the provisions the respective periods. Petroleum Co.—10-Cent dividend inc. v ;• , Stock.—New Direc¬ from 100,000 shares outstanding. Mayer has been elected to the board to fill the vacancy no $29,000 Md. during for Federal income taxes include pro¬ of $19,140.80 for the 12 months (1941—$1,284.63) after deducting estimated (1941—none);—V. 156, p. 1865. i - . Operating expenses Taxes, other than Fed. $2,452,462 45,000 . 45,000 229,805 int. , . 8,696 $481,522 / $2.82 profits taxes 225,459 shares.—V, excess Lexington Ry. Co.—Bonds Called— , $50,301 above Period End. Sept. 30— $2,443,766 53 (net)— 15,000 on Other $74,675 24,374 Knott Corp.—20-Cent Dividend^—,. Total . 2,514 ' 1941 $637,625 $4.46 fOn Corp.—Reduces Realty Lawrence D. created Lake Superior District Power Co.—Earnings— 710,000 1,500 //•••* ./ 1942 "$1,006,521 1 - 125 taxes. income ; on 156, 1941.—V. . / additional for shares, Provision 560,935 586,643 v-19,129 Int. 6,589 has been declared on the com¬ mon stock, no par, payable Dec. 26 to holders of record Dec. 16. Previously/ the company made distributions of 25 cents per share each quarter, the last one at this rate having been paid on Oct. 1, 1942.—V. 155, p. 1122. 534,441 V•,*• 60,000 ' 125 revenues.—. .Gross income on • $64,597 24,374 /i: $7,576 Federal purposes have Acts shown amounts dividend Net Int. Dr617 $40,223 requirements ^Federal income taxes.* income • $6,859,018 898,551 - ' ! % of 32,855 .to 38,625 / (D. Emil) Klein & Co., Inc.—Larger Distribution— A 2,607,362 44,503 reserve -investments'——-—— ' oper. -39,280 3,919 /: of record with 10 cents paid on June 30, last, 20 cents cents on June 19, 1941.—V. 154, p. 1596. 3,033,113 • > made were 29, <7.7 m!'//" —_ Estimated ' 1942—12 Mos.—1941 238,546 each Dec. 19,015 / ■ ; Revenue 156, stock, $597,089.' $7,625,300 269,873 cents on Co.—Earnings— ■//' Dominion . Co.—Earnings—* \ $679,442 ___ taxes — retire, appropriation 19,415 - . - 1942—Month—1941 revenues. "Operating 20 and .;/V. i/ i'-'v;':}/ ■, stockholders The amount Goodwill ' .'Operating of last, 8, share— Lefcourt $305,976 81,831 59,946 45,269 6,107 amortization dividend A A 'Kansas Gas & Electric Property $362,756 110,816 - . instalments July on 156, p. 1152. or uncom¬ on capital stock, $4,~ $9,393,579.—V. 156, p. 432. $525,000 Federal income taxes, $2,085,273 V. and ..' . banks, Distributions 21. per been declared on the com¬ mon stock, no par, payable Dec. 22 to holders of record Dec. 15. A similar distribution was made on March 15, 1941; none since.— / $1,225,000; common stock ($1 par), $384,100; paid-in surplus, $1,832,466; earned surplus, $1,737,458; total,' $9,249,920.—V. 156, p.* 696. * v.;;* ■■■'•"; '/ :'/;" •Federal 3,263 $5,749 Kirby pleted sales contracts,. $2,179,482; ..accrued salaries and wages (in¬ cluding provision for incentive compensation), $110,325; accrued taxes pother ;than taxes :based on income)v $105,156; miscellaneous accrued .liabilities, $33,617;- provision-for. Federal and State taxes based on income (less, U. S.-Treasury, notes of $450,000), $698,650; provision for adjustments due to engineering changes, $3,552; notes payable .-banks, 3,277 $7,589 post-war credit of $915 with expenses payable^. $640,113; accounts net) comparative The $76,044; connection $91,742; .miscellaneous/prepaid $17,019;, total, Liabilities—Notes $300,000; taxes, 1,159 taxes- dividend 1942 the ending $14,501; property, plant and equipment (other facilities) (net), $515,093; property, plant and equip-* facilities) (net), $284,268; patents and patent appli¬ (less, reserve for amortization of patents $656,- $149,743; ! 4 Virh vision for estimated excess profits taxes $40,817; receivables, .than emergency $30,504 "' 7,865 revenues— Balance ,.:v of the Excess Profits Tax Act, 6 reserves, $2,808,075; total, and stock $100,000 Trust $32,385 10,914 Balance year, ■ preferred '/."/-■', "After and 1942—12 Mos.—1941 1942—Month—1941 ___ /• Preferred one goodwill, $4,453,690 /:/;-//i'i:;/!:;/^■ income of 3,197 income Interest & of $2,321,755), Years Ended July 31— , Balance for investments, (net),. $53,461; declared, a dividend of 35 cents per share on the regular semi-annual dividend of $1.50 stock, both payable Dec. 28 to holders have the Dec. fEarnings are inventories, $3,891,- other stock , receivable of $113,297), $2,100,515; expenditures for billed, to United States Government departments, $2.53 : • . Corp. of Delaware—35-Cent Common Div. common Net Fund K-2 has appar¬ far in its current fiscal year."—V. 156, < ________ income oper. for $2.79 of sales on of under Section Leece-Neville determined until after the close of the fiscal taxes /"Net be instalment /$34,3.75; 177,227 Sheet, Aug. 31, 1942 banks in and depreciation and on record p. />.'? /' claim a share the tax purposes, would increase income shown in the preceding para¬ 1,304 revenues Other banks, $1,634,056; doubtful notes in $478,700 105,000 177,227 ! $9,393,579.. earned surplus, common of the income from divi¬ and taxes. On this distribution represents net profits for insurance per :•/, Regulated Investment Companies. as 2132. . "Federal 30 reserve 1,683 $517,060 105,000 stock.! Balance hand on total, Lamson The Revenue Act of 1942 continues and extends certain exemp¬ benefits accorded to Mutual Investment Companies, now Depreciation $1,084,915 $2.83 income on the income consist may Maintenance ,753; company's capital stock purchased.i for distribution to em¬ ployees under incentive compensation plan (4,080 shares, at cost), Other 35,991 1,475 cumulative preferred common stock— on ! ' The directors items arising from new for operating expenses agreement, are charged ./ realized net required Operation for ,$17.7,-742; advance payments to-suppliers, $326,216; Net 35,991 company.. — reserve 453,780," expenses this of capital surplus. inclusion distribution the Operating ______ consolidated controlled in and Other of statement 1942 $33,167 invest, 473; provision for Federal, provincial and municipal taxes after giving Key West Electric Co.—Earnings— 81,500 ___$844,857./; $1,017,602 share. $2.20 $2.65 Consolidated ' 1,705 $441,020 ,J;: Liabilities—Bank loans secured, $1,158,000; accounts 'payable, $367,- under The Investment Company operating that Period End. Oct. 31— depreciation of property, plant and equipment, $73,861 for amortization of.emergency facilities and $872 for amortization of patents. • * , - 7,790 75,709 investments profit effect to "The income" equalization issued ently met these requirements so p. 242,200 54,000 —— profits tax exc. income 11,644 from $250,000; the on holders of record Dec. 15, last year; 15 a semi-annual dividend further any authorized amount which designated "On 384,100 shares of common stock. to 7,721 75,779 $26,496; sundry investments, $6,532; investment in controlled company, $611,194; land/ water power, buildings, machinery and equipment consist tions 18,743 5,287 260,775 -v •Earnings per common .- 443,939 r, Assets—Cash to consists of estimated adjusted estimated the period. $1,451,220 54,647 1,106 etc.—„;•'!;' Pennsylvania taxes deferred 105,753 196,213 ! 601,319 income taxes accounts ,receivable (less provision for bad and doubtful debts), $1,370,862; inventories, $2,606,343; deferred charges to revenue, semi-annual distribution of were disbursed on this series "distributable purposes,, which cannot be 29,980 - $2,032,859 _— _ ./Interest .expense *> $1 ,272,132 181,120 + »+«?>•> $15,000; $6,920,259 int. Prepaid 1941 $1,436,381 •w Consolidated ' cations 1942 850 Dividends entirely of taxable net Income depending upon what profits or losses are taken during the period. Therefore, the figures should not be considered to represent what should be reported for tax $5,128,034 4,453,688 155,646 Taxes, other than income sundry companies) fees Dividends 1936. V ' Nov. from as and $0,044 graph, 7.029.411 21, Net 1 1942—10 Mos.—1941 • agreement, period, the is decrease or $9,847,863 — July on $7,091,521 27 Dec. made was announcement made which, by it may — .record require that the source of distributions be stated basis which, in effect, reduces "distributable income" as defined basis, returns of of 1940, however, above, 1940 record liquidations, securities, 1941 of trust the taxes of a on special of 55 cents.—V, 156, 1942. 30— discounts, payable 1265. "principal account." Act Sub.)— Earnings— Sept; less sales, ment v Ltd.—Earnings— subsidiary salaries Dividends from share was paid on the Keystone Custodian Fund, series was the and income goods sold Selling, gen. & admin, expenses^- . wholly-owned $479,593 Income Custodian Funds, Inc.—Dividend— corporation's of .sales . Joy Mfg. Co. /and 1, 1942, but which 1328. . share per Dec, on 15, last./:. "Since ; notes are Oct. on 156, p. 203,000 ,/ has share per par, distribution share and per tribution 25 June cents no 154, p. holders cents dends holders to March on $1.50 $835,694 corporation announces that on Dec. on • dividend of 30 cents per of 20 cents per share on 31V2 similar A to 30 .and Sept. 25, last. Payments during .1941 were as follows: March 25 June 25, regular of 20 cents each and specials of 55 cents each; charges stock¬ to transactions that such which was due to the present date.—V. for Federal Executive 507; Co,—Special Dividend— declared on of cents to holders this issue 1 1942—Month—1941 stock, common Keystone 4 , , initial an 37'/2 "■■■'■ of A -and / stock Legal fees 1776.■,■,;;^-7. p. dividend A /A;.' members of the 616. Jan. made were against of 1953. p. class Sherman Anti-Trust Law. the violating $1,. payable par as dividend a distributions last, 10, declared stock, B Similar, 156, terms Net the same basis payment on "ex"- the payment of $1 Provision $8.37 Ken-Rad Tube & Lamp Co.—37 V2-Cent Dividend— . Lamp Manufacturers Association Co., Wilmington, Del.—Offer Made to First Preferred Stockholders of Geo. B. Newton Coal Co.— on capital Depreciation income and excess profits taxes and amounting to $12,106,500, additional reserves all other charges.—V. 156, p. 960. $831,917 —v. Johnson Profit Jersey capital stock of Lackawanna RR. Co. of New Jersey operating profit. Interest,.-__- Federal have of 35 cents per Loss New Net "$3,316,704 396,173 stock-! common Period End. Nov. 30— , Other payable Jan. 2, ■■'' Years Ended Aug, 31 1912 — of Sales and other manufactur¬ ers of electric light bulbs will be relieved of a burden under which they have been forced to operate for many years." , ,, . and in of Co. 11. (Including ' Kennedy's, Inc.—November Sales— decision "By invalidating this patent on inside frosted bulbs, Incandescent Cost RR. Earnings per share of common stock. rendered latest Years announcement payment of quarterly rental of 1%, Dec. "$160,630 $581,831 Year Ended Sept. 30, — shares directors the on v Circuit Courts reversed the lower Court, the latter deci- . by Judge Manton.J! /<■/'<■'Vyv/./' !v'';/., ^,!!. >/}'; the being Gross "$2,480 $194,055 taxes 156, the make record such the 156,'p. 1690. income Dec. share "ex" also Kelsey-Hayes Wheel Co.—37 V2-Cent Class B Dividend The and record ' to attention Profit by Judge Smith is the most complete of any previously rendered and upholds the defense of the defendant, Jewel Incandescent Lamp Co. -// ;/A A;': v" ,;!//. 7 <■ :'7" <' '<■:-77'7. ■>■<"■ /•"The practice of attempting, to enforce patents of this nature .through preferential licensing is one of the complaints of the Gov¬ ernment in an anti-trust suit now. pending against General Electric, Westinghouse, Corning Glass Works and a number of other defend¬ , 625,000 62,500 (est.)— of $1,200,000 and —V. counsel Co.. The of calls Exchange Lackawanna on Transactions are provision Wisconsin independent electric light bulb manufacturers a period of years. In two other suits previously tried in Brooklyn Ohio, the U. S. District Court declared the patent invalid. On ants to Curb existing injunction of U. S. District Court of Southern York, the Delaware Lackawanna & Western RR. will New unable 1943, ^ r York the of holders _______ Earnings per common E, Darby of of "This "$160,630 /Earnings for the earnings 26. appeal, $1,206,831 partici¬ income Dec, 'sion "$2,480 profits taxes & Darby and Darby, patent attorneys, and Paul have been-defending suits instituted by General "Samuel over $256,555 New under ruled case Kolisch District /_* Outstanding were Electric 654,059 Lake of the Woods Milling Co., that the plaintiff's claims were invalid and that no infringed.; !/ ///'!!. ■'■/.! ' ..-V'• '•'■■■ V" V- !:-..v-In commenting on this suit, Louis Klein, Secretary of the Incan¬ descent Lamp Manufacturers Association, of which the defendant in Smith M. patents 711,955 Kearney & Trecker Corp.-—Earnings— Judge William Federal Jersey. 66,685 income and "Deficit.—V. and its distributing subsidiary ,was awarded a for 72,281 The has not been paid decision patent infringement suit on the inside frosting of electric light brought by the General Electric Co. of New York in the U. S. bulbs that employee pation (est.) Net This company 97,500 243,680 for Lamp Co.—Awarded Decision— Incandescent 63,167 218,317 5 .last, and 50 cents on March 31, 1942,. and in preceding quarters. No payment was made on Sept. 30 of the current year.—V. 155, p. 2367. Jewel 5,757 24,490 — for excess declaration of a 50 cent divi¬ value, payable Dec. 28 to holders with 25 cents paid on June 30, par compares Lackawanna RR. of New Jersey—No Jan. 1 Dividend— 188,750 6,694 Balance Reserve 8 announced the The directors on Dec. dend of '/, ■. Dividend— Jefferson Electric Co.—50-Cent ;. 185,470 18,875 18,505 be shares of capital stock outstanding, no par, Dec. 18. An initial distribution was made on March 10,Vlast; none since.—V. to holders-of record 29 Dec. • 4,311,834 19,589 Depreciation dividend of 30 cents year-end a . $5,335,192 4,686,907 — charges 618,546 share on the per payable declared 14 Dec. on $7,072,646 465,199 taxes— security Fixed Co.-fYear-End Dividend— Aircraft Engine Jacobs $578,525 490,946 —______ Social ! : 1942—10 Mos.—1941 $864,570 Operating costs /<>'/•; .. „' revenue earnings figures published in 1941 have been appropriately ad¬ justed herein to give effect to Federal tax adjustments recorded subse¬ quent to Sept, 30, 1941.—V. 156, p. 961, • 1 son, Co.-—Earnings- 1942—Month—1941 Period End. Oct. 31— 2225 was of 24, of 85 cents' per share and the usual quarterly per share have been declared on the common payable Dec. 24 to holders of record Dec. 14. year,/a special distribution of 75 cents per share dividend 50 par, cents both last made.—V. 156, p. 2133. . "196,964 Loomis-Sayles Second Fund, Inc.—Special Dividend— $61,712 and excess $68,343 profits taxes accordance with the Revenue Act of 1942. $283,136 $293,246 have been'computed For purposes- of compari¬ A special dividend of 40 cents per share and the usual quarterly of 20 cents per share have been declared on the common dividend THE COMMERCIAL & FINANCIAL CHRONICLE 2226 stock, $10, par both .This will make 1941.—V. In payable Dec. total of $1,20 a 156, 24 holders to of record 14. Dec, Middle West Corp. (& Subs.) —Earnings— paid In 1942 as compared with 90 cents (Exclusive of Central Illinois 2133. p. Period End. Sept. 30—Total Longhorn Portland Cement Co.—Year-End Dividend— A Dec. Sept. 15, last, compared Jan. on 25 15, $1 share has been declared payable Dec. 22 to holders of per no par value, Distributions of 50 cents 15. cents of stock, common V. dividend year-end 156, 1942. 2, cents; and with 25 Payments June 16, each Sept. made were cents March on 1942, 16, during 1941 were 16 and Dec. 15, 15 cents 50 and and follows: as oper. 50 March & 3 Mos. End. oil & Operating 1942 Sept. 30— income- gas expenses 1940 "$606,064 17,445 1939 $439,390 40,704 114,928 Int.. 274,355 161,518 243,957 $276,316 Depreciation and $291,004 $162,943 $31,817 58,629 — 50,324 36,923 $217,686 share $240,680 $126,021 t$13,162 $0.07 $0.08 $0.04 Div. ♦Includes other income of £>r$65,686 1940 and $15,674 in 1939. by Louisiana Power & Net Operating revenues Operating expenses Federal $915,791 $10,488,992 489,370 5,586,053 137,041 "992,894 59,850 717,732 959,490 694,302 appropriation Other int. Gross Other 79,250 70,111 989,411 835,367 $499,926 $159,419 $2,202,902 8,609 1,526 21,320 13,607 (net),™™_ Int. $508,535 chgd. $160,945 $2,224,222 $2,036,438 72,917 72,919 875,015 deduct. 6,758 6,593 83,269 Cr256 Cr45 Cr2,813 Net income $429,116 $81,478 Dividends applicable to pfd. stock for the period $1,268,751 ♦Includes credit 356,532 year Ended of $330,542 to adjust tax provisions the Revenue Act of 1942.—V. 156, p. 1836. Sept. 30- 1942 income to Federal tax____ income Excess profits with cos. and the ,'hv Net general 156, - Net " of 453,226 /, 396,221 profits Act $3,184,678 taxes of 1942 for- the have $2,574,553 six to Jan. months-of 1, •;*' Only) Other 1942—3 Mos.—1941 $288,398 the of 1942—9 Mos.—1941 - $311,692 $968,704 development to tax Gemmer and costs, $615; 75,977 235,217 249,245 $13,0ou; $1,250; other accruals, $173; out par value), $66,667; deficit on total, $67,236.—V. 154, p. 1596. 95,881 217,610 4,223 12,403 taxes— 49,793 9,618 94,503 44,795 ; — hereby direct Co., of taxes revenues oper. been computed 'in 156, Net accordance Gross $861,957 stock common earned $808,500 $9,495,772 $8,374,074 193,680 3,033,031 2,439,273 122,981 •1,644,359 928,173 79,638 81,447" 931,640 Int. 68,452 761,905 States at a Nov. capital The in company states that these figures.—V. 156, p. Merrimack A dividend for account, accumulations to holders made 1, 1942. $10 the on of record this on $12.50 5% ' 571 571 7,129 1942, $341,369 •v- " $3,117,708 the to 1,148 <: ——_ $569,088 $3,120,561 132,254 133,054 1,590,518 to 6,978 77,383 ,Gross earns, from construct. Cr2,837 Cr396 Crl5,623 $201,770 $1,468,283 to __ pfd. stocks for _________ the is program not & expenses___™ Federal $804,365 Int. oper. has preferred A been stock, declared 78,03p 2,020,204 "1,713,929 18,320,816 .15,974,309 $1,084,801 $861,989 $9,673,885 $8,458,329 442,013 5,791,416 4,331,716 $405,232 $419,976 $3,882,469 $4,126,613 280,954 295,513 2,654,399 2,889,174 _____ sales... on Net par distribution $100, of payable $2.50 Dec. share per expenses 1, last, compared with $5 on March reduce accruals on the preferred stock to 1054. Ltd.—Earnings— Currency). 69 1942—9 Mos.—1941 4,624 : taxes— $113,765 share per 1942—12 Mos.—1941 $426,256 $415,481 $1,617,916 $1,550,900 expenses—— income taxes. 267,499 269,324 1,023,089 978,303 33,149 17,087 99/265 30,612 112,109 oper. Fed. taxes. income,,.. income $97,445 $98,457 $383,454 $394,340 151 148 3,777 2,871 (net)... income $97,597 $98,606 $387,231 66,667 800,000 8,973 122,153 income — Federal the-Revenue V. 63,949 243,822 256,782 income Act of taxes have $34,656 been computed $563,922 p. Federal special adjustments 1054. recorded in 403,608 403,608 to pfd. stk, for to on Dec. II bankruptcy proceedings The Biggs acted protective a of Midland judge master be took directed $140,429 accordance with after a motion committee to effect Sept. report on in 1941 to Federal 30, 1941.— adjustment plant 12 the . of declared $6 first 15. dividend a preferred Distributions Aug. 1, 1941, 1939, to and made on the each Dec. of $5.25 to stock, . "$156,488 . 1912 (less for reserve " ' accrued notes liabilities carried good¬ * -(taxes, customers'- payroll, due convertible $2.50 share), per etc.); one year), stock preferred $279,880; . credit interest, within $89,750; at $320,004), and - $27,520; (installments payable, of trademarks '- (trade), payable notes shares par no payable depreciation patents, class A stock * T profit [Earnings to "After amount and including including May to 1 Nov. months with per sh.; com. ; v . ^ 1942—3 Mos—1941.' 1942—9 Mos—1941. $212,111 . $53,860 $332,111 $0.05 $0.47 $0.36 , ' charges and Federal and Canadian income taxes. stock.—V. common ended Oct. cents per 80 The • 156, p. 1055. . $617,702 $1.03 [On 512,874 and Co.—Army-Navy "E" Awards.—was notified of women Chemical Warfare 111. Monsanto, regular per to Service, St. Louis plant No, 1, ■ , for the .Profit at after .Federal has share holders of . excess-, 1941 $1,362,087 profits • taxes_'"j»v™™.-': 672,850 Net profit "Earnings per record 1942 $1,104,684 and per been (& Subs.)—Earnings— charges income 10 . 9 Months Ended Sept. 30— St. plant., its , , 31, 1942 amounted to 70 cents per share, compared share in the same period last year, and that ncit National Oil Products Co. by the War and Navy Depart¬ its r ,. . quarterly dividend of 25 cents declared on the capital stock, payable Jan. 15 Dec. 31.—V. 156, p. 1055. - 1867. p. Subs.)—Earn¬ (& earnings for the 12 months ended Oct. 31, 1942 totaled. 83 cents 'share, as against 97 cents lor the 12 months ended Oct. 31, 1941. while of $2 1942, 2, '. each payments Inc. National Fuel Gas Co.—Net Earnings.— The company on Dec. 15 announced that net earnings ; holders made were 1941, 1, 156, Feb. Fibres, •; Period Ended Sept. 30— "Net $22,428 provisions tax Automotive ings— per payable like of quarter.—V, 15 and men production awards Navy honors to Orders a two sets Carruth's of 2134. Ward Company p. & to request that the awards new 2135, bring total Army its "On Co., Inc.—President Sign and 2041..,',, With Roosevelt 726,253 .,- . - $431,834 CIO—Avery Pledges /■ Roosevelt, on Dec. 12, directed company to sign a main¬ of membership contract with a CIO dniori without*'inclusion disputed "under duress" clause. He acted as "Commander-in- Chief in time Twice the $635,834 Retail membership Roosevelt include Employees' and to backed .up the WLB. The latest order contract clauses controversial what to do with the providing features, and called President ' •• "As contained was in letter a Labor Board's directive order of successive Congress The Ward written ship." worker (2) sign into steps Industrial Labor to Board.' of Ward. gomery Board a the contract provision Thi3 provided a the Montgomery " Ward dispute handed contract One who, if of Organizations The is down with Union went the made before an order union. the 8, D. to cft.se War Roosevelt!. : are: on Labor " i 1) excess profits taxes* [Also, after JOn 64,392 shares of ($1 par) common $1.50,000. .. , Rys." of Mexico committee The of • of 1926, accounty>f bonds This below.—V. Payment— 88, 823. p. the distribution; the improved in the State are pledged -issue. these > • of of as The holders Harry of 1% Central it RR, of Luber the , • t - Mexico prior lien 4M,bonds Chairman, announces that a is original face the prior - made the of bonds benefit organized bonds in 152, p. 433. and Feb. on order to Co. possible RR. stock the of ' Devan..-36-Wall St,, Trust Texas-Mexican the the 29, as this holders'of 1940, protect a which of of " result operates railroad the above by substantial the interests of • N. Y. City,-is Secretary of the-com¬ mittee and George. M. Jaffin, 285 Madison '—V. holders Is for was security holders. the to & All lien of Bank of earnings Texas. bonds amount available Hanover announced, is collateral committee Howard-G. I. of interest-arrears is being made by of A Mont¬ for-National which cash-distribution on Board. Montgomery provisions to be 1 $2.27 National Rys. of Mexico—Payment to Bondholders—' - Montgomery 'Ward must discharge any~ union, ceases to be a member during the National See (these specified in exact words by the Labor known els "maintenance of union member¬ that 1941 ,?i were member of ' $183,678 $5.13 155, p. 2282. National RR. of Mexico—Interest Sewell directing Certain ; 1942 "After charges, Federal income and of 1942." demands ' ; ; t$367.583 . war-time reserve of J Dec. ; , has of the Montgomery Ward company, which read as Commander-in-Chief in time of war, I hereby directWard & Co. to comply,.(without further delays With National War , President Roosevelt addressed $2.95 2041. p. Subs.)—Earnings— :' '■ - a - [Signed1 Franklin (3) on * $2.00 ,; .: 156, : ... Warehouse maintenance for has twice CIO's Aug. 31— " profit Stock—V. President Montgomery the it its Union other order In Net -V. - after the company had asked him to intervene.* company, which has steadfastly* resisted the War Labor to ,A™ .[Earnings per common share of war" order common* share 214,794 shares of capital stock. Year Ended f President a the National Paper & Type Co. (& - tenance The and Mr. the 156, report on the claims by 6% and 15—V. Obedience— follows: hearings previously held hi the proceedings, and that he cease "sponsoring and participating in" settlement negotiations without authorization of the court—V 156 p. period..— $54,175 to adjust by the Revenue Act of 1942. have were that Avery, Filed-- Clarence V. Carruth, repre¬ 1%' prior lien preferred subsidiary of Midland United. of Utilities, the under advisement to published give directed Daniel O. Hastings, of Midland United Co. and Midland Utilities Co., to file as soon as possible each of the companies against the other. holders the which is operated by the company for the Government, had received the joint Army-Navy "E" award for their "fine record in the production of war equipment." The company alieady had received- and figures subsequent of Judge in Co.—Judge Orders Claims Judge John Biggs Jr. master senting 36, (outstanding 2,193 no par shares) carried at $33,385; class B common stock (outstanding 155,965 no par sharest. $122,452; capital surplus, $545,145; surplus available except for dividends on class B common, stock, $283,409; appreciation of land and buildings by appraisal (unamortized), $100,487; earned surplus, $147,277; total, $1,688,962—V. 154, p. 1700. V ' v ^ $426,036 company Board's of comparison, earnings appropriately adjusted herein tax $143,409 1942. Midland United , $45,223 „ purposes been 156, Sept. 117,478 $76,313 $6,217; mortgage (111,952 800,000 9,171 equipment mortgage preferred 1,334 66,667 Monsanto Chemical The $397,211 52,373 ...... other deductions For At . of - As 113,538 than income 552 deducts. Montgomery have balances, $1,342,180 $1,485,523 . and $8,000; $1,343,514 64,720 28,163 "$68,323 . Sheet in banks and on hand, $193,884; notes and accounts (net), $152,835; inventories^ of beverages, syrups,-materials, manufacturing supplies, $60,009; other receivables (including ex¬ $45,438; Monsanto, 111., revenues—. $40,028 : •' Liabilities—Accounts 796,667 ,,. $1,486,075 credit 1, 4,624 18,425 advances and current accounts of officers and employees), $37,550;. bottles and cases-on hand, $116,395; investments. $2,050; deposit on account of purchase of treasury stock, $5,000; property, 4 $151,953 Jan. Nov. ments Michigan Gas & Electric Co.—Earnings— •1942 V r $201,914 directors Louis Net ' $126,076 on 7,521 44.659 $447,350; prepaid expenses,' $17,965; will, $655,925; total, $1,688,962. share on the $6 cumulative first preferred stock, no par, payable Dec. 30 to holders of-record Dec. 18. This will clear up all accruals on this issue; The directors also declared a regular quarterly dividend of $1.50 $1,737,723 & . U ' bonds- from 7,277 31,524 . pense ■ 404,633 $160,314 share 5,845 26,652 ! Pays Accrued Dividends— from $2,787,500 Int. to 777,689 V v 816,666 $151,884 18 and record $315,806 appraisal income shares of of $324,951 Gross w '• 66,667 Balance quarter 1942—3 Mos.—1941 - . $201,896 income The 1939 $327,897 21,099 of income1: Net - 28 was 1940 $418,832 Assets—Cash 5,045,832 772,798 : ■ 68,333 revenues.^ mtge. int. 1941 $518,067 and 420,114 -and account; of on $293,663 Net . $24,510,668 93,720 •$104,308 $8,367,001 "527,167 98,789, / ■ income on Other 5,366,088 Other $2,584,774 $28,088,421 357.419 plant 5,336,978 38,114 87,030 reserve $7,103,811 ♦Federal Co.—Earn¬ ' : "■ ' 1942—10 Mos.—1941; - 8,856 Balance $715,437 $8,939,132 446.677 "8,219 retire, •Includes 5,689,908 Other Telegraph 1955; p. appreciation 1942—12 Mos—1941 \ $802,131 438,887 taxes the amount required $8,477,408 Operating •>', — advertising Federal Light Co.—Earnings— taxes Gross '-.•''"■■H- 577,368 oper, ' . '$2^,522 990,825 $477,458 - 1942—Month—1941 Operating as $902,319 Period End. Sept. 30— $3,114,667 income National r- 665,042 Total .' receivable —'J included '' ••• 1942—Month-r-1941 _____ * 1942," with privilege 341,683 Cr4,080 * credit adjustment of $259,767 to adjust tax provision's required by-the Revenue Act of 1942—V. 156, p. 1867. revenues Net $958,705 earnings 156, p. 2134. 30, 679,569 $1,706,262 ' 990,825 " period .... appropriation oper. Net and extend to $77,149 - $433,672 — Mississippi Power Property Oper. exps/& deprec._: -V. par) 74,349 $341,406 which is $8,900,000, .' (Canadian . & 1942—Month—1941 Depreciation 1,600,338 5,999 Dividends applic. share will Period End. Sept. 30— -Registers With 354,475 $3,376,869 bonds applic. amount per , '• • Profit from operations * $163,592 Interest —5,678 $3,375,721 2,853 37 deduct. mtge. Balance Other 1942—11 Mos.—1941 amounted plane cargo Mexican Light & Power Co., ; Telephone revenues_„- profit admin, $569,070 income in $1,713,000 $26,037,000 $20,729,000 1,806,000 20,907,000 17,688,000 1776. 18. 156, p. comply complied, ' 6.883 18 and chgd. of Sept. on This payment share.—V. per 30, the per Dec. issue to Ward 9,662 expenses 156, Selling, " Dividends Drl3,959; Mfg. Co.—$12.50 Preferred Dividend— of Co. & • Moxle Co.—Earnings— stock earlier. year Ward • rev. oper. oper. Gross 721,429 — income on int. Net (10,000 shares with¬ surplus 1942—Month—1941 1,975,000 as would President .; Years End. Sept. 30— -1942 / 902,595 62,500 Period End. Oct. 31— $1,413,000 orders "forth¬ it The of -the common capital stock ($50 voting trust' agreement. : :, already outstanding, and it. is proposed income —V. 277,420 — _ Other income Unfilled sign said 1942—12 MOS—1941 Mengel Co.—Bookings, etc.— against $6,103,000 .. Commander-in-Cliief Montgomery • revenues—— oper. Net Net *Crl27,242 ___ revenues •Includes provision lor in the 1943 Tennessee Legislature. is controlled by the Memphis Generating Co., by. National Power & Light Co.—V. 139, p. 3812. ; (15) . back wording. own to but (14) "As Montgomery delay." . Operating taxes with 1954. p. 1942—Month- -1941 income Other introduced Bookings Billings saying, agreement for five years from-June interim* withdrawal of eertain conditions. Operating $879,400' $1,199,340 $277,948 have 1942—V, expenses taxes Interest $67,236. $106; provision The company Period End. Nov. 30— 12 its Wftrd sign, to . went the are "Uncollectible •- $229,574 income Act investments 75,000 According to a Memphis dispatch, a measure enabling the city Memphis, Tenn., to buy this company when its franchise expires be declined trust Operating 17,430 retire, res. approp. Amort, of limited-term $90,985 Memphis Street Ry.—May Sell to City— would Ward by-President Roosevelt. so Period End. Oct. 31—J-v * 215,751 4,220 Operating owned to substitute insisted upon Montgomery and objected to. the the' words "after ings—: $387,669 V $1,203,922 't $1,477,316 78,560 Prop, ?•;_V' total, Manufacturing surtax, taxes, .1945 Board shares under -Mountain $1,228;070 73,749 $362,148 taxes Net Assets—Cash in bank, $37,111; accrued royalties and interest re¬ ceivable, $662; investment in U. S. savings bonds (at cost), $22,522; prepaid taxes, $627; licenses (less reserve for amortization, $16,929), income Ward objected, Labor a Certificates •.»'; Fed. Federal Operating Operating Other profits tax assessable. Liabilities—Due proposed Dec., "Loss. normal Union The statement .(No. 2,697 .'deposited : (Company under of mum 1942, Minnesota Power & Light Co.- -Earnings- 28,000 $10,113 15,000 ...— unamortized bo , Charles J. Young and Abraham Greenspahn, as trust-agreement dated July 1, 1932, on Dec/11 -filed 2-5073, Form F-l)- with Securities and Exchange Commission for voting trust certificates representing a maxi¬ been, computed retroactive first 22,797 Balance Sheet As of Sept. 30, 1043 .$5,698; to Ward will incorporated- herein are CIO directed further registration .a . Income exps.— income Revenue 13,000 ; — income excess and L."! Rosset, Barnet , ...trustees by $571,132. Period End. Oct. 31— $143,782 "Including amortization of licenses, $1,331 in 1941 and $1,331 in 1942. tNo war.'" Co. con* than income 1942 2,000 ___ and Ward 2135. p. received act¬ was & this. Montgomery been Montrose Hotel, Inc., Kansas City, Mo.SEC—• * ' 4,710,754 4,655,415 $1,215,819 income ___ admin, Federal 14,693 expenses tax paid do I war, ; " without . —v. Amortiz. Dividends to and ; . the (10) Montgomery Montgomery time• of V 75,449 . this Montgomery ordered he time-of Ward Montgomery Ward came to sign th.e saying that thq maintenance o,f two others, "are not voluntarily ... excess Revenue net ______ other Federal 1941 $37,805 and 284,492 __________ & Gen. 356,532 adjustment ♦Administrative 54,604 " 1,553,938 $1,360,683 income increased income Total $724,115 Maries Steering Gear Co. of America, Inc.—EarningsGross 21,117 To duress" (11) in sign ordef. and Board, Labor. Board (13) if 'sign $1,080,647 $912,219 _ the amount required by 33,830 252,346 — (subs. Other Crl,305 Balance j 937,013 net previously published, the Ci "under .- company (b) that States To has to Roosevelt. ..statement a Labor President Montgomery (7). 18 declined Labor ; Board's saying United direct Nov. provision, the War protest.", ; (12) The ; V- 252,995 f -V 206,966 '// 90,620 ;," 107,467 86,414 " 1,551,762 in subs... Period End. Sept. 30— 82,009 construct. to 741,489 by to the delay,", , of (8) ". When included duress." the . further obeyed." it of hereby ■ to up Montgomery Word, . . order membership under to ; case 875.087 bonds mtge, and union period Federal Income $2,022,831 ™—__ income on int. of This Taxes, Interest for solidated) revenues income 15,002 Statement retire, ^reserve Net oper, 25,625 5,087,245 "Cr232,509 — 282,953 84,332 $9,599,235 433,842 __ accordance as 77,129 taxes promptly contract wrote (net). income 1942. 1942—12 Mos.—1941 $857,638 — Other taxes Property in Light Co.—Earnings1942—Month—1941 231,073 public— income '■'1942 Period End. Oct. 31- "Your 318,972 wrote "I without with." . said: Ward the" with the pfd. stks. of subs. Minority in 1942, $4,916 in 1941, $135 in 156, p. 961. fLoss.—V. 280,656 passed • "Commander-in-Chief replied: $5,354,737 $14,806,503 $14,718,626 1,876,172 5,373,476 5)710,203 1,773,455 deducts.. expense require, on Nil _ 104,827 $5,294,277 interest income held Net profit Earnings per order, comply debt financing General 44,979 depl. income of Other Profit as (4)> Montgomery to "-comply Board Mr.< Roosevelt ing His 2,094,267 310,927 contract.* declined Labor The "(6) the contract, (5) $5,249,919 $14,525,847 $14,399,654 88,997 disct., exp. & call premium. Amcrt. of pfd. stock re• 218,225 1942—9 Mos.—1941 811,386 ; $5,205,280 (net)... long-term debt. on Amort, 152,448 lease rents., leases aban¬ etc. income oper. income Gross " $428,222 expenses, doned, • words Geophysical and admin, taxes, 118,143 Co.—Earnings- 1941 $511,985 > the"; •agreed Net Other Net 'the -term'Of ■ ( revenues.. profits taxes exc. each.— 961. p. Louisiana Land & Exploration 1942—3 Mos —1941" t:*«';. > . Co.) $20,213,570 $19 502,377 $58,138,356 $54,427,355 10,429,103 10 113,823 31,062,790 28,956,999 Taxes, other than Fed. 2,113,082 2 073,784 6,205,026 5,901,107 •Federal income taxes. 1,831,079 1 ,237,163 4,644,180 ; 3,026,443 "Federal exc. prof, tax 516,883 i6,313 48,885 1,389,585 Charges in lieu of inc. record June on * •": Service Monday; December 21, 1942 Oper. exps. (Incl. deprec,) the on Public " - Ave., N. Y. . - Citv, is Counsel. Volume 156 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4135 (Bonds both registered and beater form must be presented to Irving Co., One Wall St., N. Y. City, for stamping of payments of this J National Steel Corp. (& Subs.)—Earnings— ; Period Ended Sept. 30— 1942—3 Mos.—1941 1942—9 Mos.—1941 Profit $13,132,499 $12,307,414 $37,928,698 $34,578,974 interest when ■ ..: 2,227,455 9,047,226 5,924,294 the 453,516 459,272 1,366,306 1,382,833 tered Fed.' inc. & profits exc, v. ',■■ • 1 6,500,000 // taxes ■ ■' ( 19,250,000 • 6,420,234 banks of clusive '14,349,575; When for these '■ $3,200,453 $1.45 $2,838,884 $1.29 profit ^Earnings per com. -sh. _ $8,265,166 $12,922,272 $3.75 $5,86 of capital stock.—V. 156, p. 1777. *On 2,205,667 shares payment /1942—4 weeks—1941" Period Ended Dec. 5— Sales Dec. with 1942 the company had 5. - 1,026 stores a year earlier.—V. ended week the Dec. this Association 11 coupons matured or for bonds 1000 the 1001 Form or 156, Dec. of for bonds collection Ontario & Western The action. 15 cents on Nov. RR.—To Drop Line— The v was 23.—V. operation. 156, Judge Hulbert matter the set qr: announced Of This kwh. 12,238.261 4 this a is Association that decrease of 61,066 kwh., 114,173,000 cubic feet in the corresponding week a year 2136, p. /;,/.////,/;. ■ , ; to over additional oil from conversions to holders of record Dec. Like amounts 19. paid in were of each made.—V. the At New Process • dividend A stock, of of payable 50 $2.25 each cents made were Payments during 1941 of holders to the on- each, and Dec. 29, as year-end of $2.—V. a 156, -common 1507. p. The directors 50 cents of record issue Dec. Distributions 19. Payments during > and 1, Sept. 1941 were ■ - * of like amount made were; cents.—V. 156, p.-2136. i a Period Ended Sept. 30— of Chairman the board the of of *$83,169 $0.13 ' «* board by on 30 - Y - directors, of to 2,259,235 393,243 taxes 525,500 621,359 shares of capital stock.. %//,.,■ Y:;/:;/;.V. ,Nct profit for the 12 months ended Sept. 30,< last, ;was; $667,576 after providing $1,253,191 for Federal income-and excess profits taxes, equal provision dividends 203,280 dividends -C. the YY - taxes computed were the company these that it 1941 $0.93 net made on after after or $1,240,574 earnings ' $o $1.07 a share. For the 12 months ended: Sept.'30, 1941, .company ? reported > profit of $576,108before excess profits taxes. •••:/:•;'/' • " Federal i-ncome 1941 : • $1,367,251 1,551,839 $118,084 ♦$184,588 133,594 139,845 $251,678 income Net ♦$44,743 89,468 101,985 $162,210 profit tEamings per ♦$146,728 all at being Operating ' , 1942—12 Mos.—1941 $560,041 $593,044 $6,931,782 $6 750,878 268,103 263,599 3,060,305 072,132 47,665 537,817 440,260 51,128 54,671 581,983 634,053 58,333 57,908 812,450 694,900 ex¬ taxes_ taxes •, > res. approp. V , limited-term of 192 134 $1,939,035 230,521 $1,909,399 226,153 $2,135,552 investments 1942 1941 $863,542 $452,679 400,000 ;• > Cr58,914 cluding direct fFederal taxes Other Statement 1942—Month—1941 revenues Operating expenses, Central N. Y. City.—V. 156, ."i' . Pacific Power & Light Company— -Earnings- postponed the 1869. 156, p. the : "'Income pay Nil $0.16 share common Period End. Oct. 31— 1942, -%aites' $5,« 1,241,378 $1,359,462 -V. plus Y; '. / to 22, $1,392,045 1942 . depreciation, /etc. Interest, etc.; of their principal amount. Dec. 1941 1942 profit royalties Prop, retire, ♦Profit -before ■ (& Subs.)—Earnings— Aug. 31— Other, income $1.37 of determined $1,56 Federal income and excess profits taxes were against $848,278 in the preceding year.—V. 154, P. 180. Total convertible income bonds are has 420,196 v $326,598 yYY'-/-' ./ bonds, amounting to 4%?% be 407,852 $1.72 ' late 1942 , 50% at 'Y :;/;•■ $190,790 share common 2043. Expenses, taxes* income and excess profits for Federal 467,093 : $335,924 % Profit . 213,648 367,067 tOn 237,500 shares of capital stock. % v.' 9 Months Ended Sept. 30— : $871,531. Pacific Western Oil Corp.—Earnings— h North .American Car Corp. .(& Subs,)—Earnings— , 373,200 $906,271 Note—Estimated Amort, JOn 1941 1942 $3,897,209 156, p. 892,500, 2042. p. . and on or certificates of 1,810,026 Pacific Greyhound Lines has succeed :'Shafe-_%^i:^^'_^%;v.;..1 in 1942),-etc; will Payment for the 3-morith period and $866,650 for the 9-month period for Federal income and excess profits taxes..-,+Before Federal excess profits , taxes! third a payable California—Earnings— Sept. 30— Outstanding shares of common stock; • - Hanover Bank &;Trust Co.; .trustee, 70 Broadway, ♦After depreciation, amortization, interest and provision of .$147,850 declared share, $3,538,085 Earnings per —V. Norfolk Southern Ry.—To Pay Interest— interest $0.8d.'lV^^iC^u-; a cancellation Surplus Net $221,812 notified • 794 ;>;f$536,H4, y/' Sept. Holders-of. general mortgage 5% 1942—9 Mos—1941 +$265,522.; for 296,288 Common Chairman— directors, 2136. p. capital stock tax.—V. 156t p.r 1057. year/end • - ' 1942—3 Mos.—1941 profit ^Earnings .per com. sh._ Ended -r'Note—Federal .March <.Newport Industries,' Inc.—Earnings-^ Net j Vice Chairman elected taxesy($227,812 - , surrender ^ Consolidated Power Corp.—New Sehoellkopf, ♦Aft'er depreciation,; this on last, providing for. loss, ordinary tax, etc. Preferred meeting tEamings per common . "I A. Quarter • 10 $6.96 ; 8 Months Ended ♦Net ^ record Co.—Liquidating Divs. Dec. on of Net .profit. Noblitt-Sparks Industries, Inc.—Earnings— 1, last,a,v ,' 3. .40 cents; June 2 follows: the upon income Federal Co.—Majority of Stock Approves' Floyd L. Carlisle.—V. 156, y the on of 1, 1939.*—V, 155, p. 507. Interest L' '//; V. ;/ special a been . a 1 and Dec. as %1 . Sept.*-2. 50 cents each; Dec. 1, 60 cents, and Dec. 29, of 50 Transit York ./: special year-ehd dividend of stock, payable Dec. 29 to holders share on the .common. per March 2, June on Ids- declared Dec. on - company liquidation income Expenses, year. Paul Newport News Shipbuilding & Dry Dock Co.-^To Pay \iy: 21, in 9 Months Ended Sept. 30— record Special Year-End Dividend— ." State by The annual New, York in • cents % buildings plans. Niagara. Hudson Dec. 18,'? Distributions May 1, Aug. T and Nov.-2, last. - . follows: May .1, Aug. 1-and Nov. 1,; on were declared has .been share per 28 ' 50 telephone Co,—$2.25 Common Dividend— Dec. the of Pacific Finance Corp. of held on Dec. 15, holders of over 73% of the outstanding stock of this company approved the plan for unification of New York Transit Co., Northern Pipe Line Co., Buckeye Pipe Line Co., and Indiana Pipe Line Co. Stockholders of all of the other com¬ panies have already approved the plan.—V. 156, p. 1778. 2041. 156, p. the New preceding quarters. Previously,•> -regular quarterly distributions., $1.50 on the 6%/ preferred and 50 cents on the $2 preferred stock were conservation Plan:— seven of directors Gross The change to coal is being made in every building where it is practicable to do so, the company states.—V. 156, p. 2136. ■/; The directors- on Dec. 10 • declared a dividend of $1 per share on the 6% preferred stock and a dividend of 33 Va cents per share on the $2 preferred stock, on account of accumulations, both payable Jan. 2 to 85 company of Association—Preferred Dividends New England Power on Dec. Consolidated Mining 9 Months Ended in coal The work has been completed in 65 buildings including 23 of the largest in New York City, and it is expected that many of the other buildings will be converted before the first ago.—-V.- 156, holders 77% oil •.;;v>.- ,//v :.;■/;/>' ' of to share paid on Feb. 20, In the company. Previously a total of $9 a share had paid in liquidation. In 1939 the company sold all its properties Japanese Empire to Nipponese interests and on Dec. 18, that year, stockholders authorized complete liquidation.—V. 156, p. 1956. will bring the total to 125 buildings, in fuel oil of the combined program will be 4,340,000 gallons of the company's 1941 fuel oil usage. This will release an amount of fuel oil sufficient, under the oil rationing regulations, for 3,000 average-sized'homes, it is estimated. v The additional conversions are an extension of the program begun last summer in connection with the War Production Board's fuel below 50% or production of 12,299,327 kwh. for the corresponding .week a year ago. Gas output for the Dec. 4 week is reported at 135,017,000 cubic feet, an increase of 20,844,000 cubic feet, or 18.26%; above production of units heating this output electric reports is the 124,589,000 cubic feet in the corresponding week a year ago. Dec. 10, 1941, and 50 cents 21 Dec. per the in New York Telephone Co.—Conversion to Coal— It cents declared recently was payable with 25 been 1 electric output share per value, " 2042. p. cents par shares for not justify saving ended 50 no compares 2136. p. trustee argued that business cn the branch did continued its Dec. Of week This Dec. . the 11. after company's Valley Junction and kwh. This is a decrease of 278,410 kwh., or 2.22% below production of 12,515,572 kwh, for the corresponding week-a year ago. ; Gas output for the Dec. 11 week is "reported at 142,248,000 cubic feet, an increase of 17,659,000 cubic feet, or 14.17%- above production For of stock, distribution of 12,237,162 ; Manufacturing Co.—Pays 50-Cent Dividend.— dividend final //;■■ ■ // reports Ontario A common proposed in Federal Court Jan. 16, when Frederic E. Lyford, trustee, petitioned Judge Murray Hulbert for leave to seek the approval of the Interstate Commerce Commission for such 1942—48 weeks—1941 New England Gas & Electric Association—Output— For ; channels at fully regis¬ paid. ■'Ex¬ of be to 16-mile branch line between Monti- cello • V holders to authorized ownership certificate Form New York ; 153, p. 1868. mailed Oriental $6,117,958 $83,262,614 $64,795,004 955 stores in operation, compared $7,043,672 ^ On . Higher.-— be interest issues. Discontinuance of the National Tea Co.-—Sales Continue of issue held is all that is required.—V. of each \ ■/,"/•" ' will Checks the presenting interest—one Net collected through the regular banking indicated, bonds therefor has provision no collected.) Coupons must be « 3,340,099 Deprec. and depletion-. profits tax liability for the year 1942, and been made.—V. 156, p. 1058. Trust ' Interest 2227 130,000 and'excess"'profits taxes_~~ Net ' -f $241,391 : ' $1.69,201 Rent from lease of plant 19,339 19,071 revenues___ opcr. , - . ■< Number'of -$6 ■ Earnings * depreciation/interest, amortization, etc.—V, 156, Johnson Co., Wilmington, j,. of cumulative Tf all Co., which offered. first the of owner offer its offer .The > of the remain of $56 majority a all on will at offer an the to- the first 10, cents points that out period a the of paid on Johnson Newton 15 years, the preferred its and during also and Co. President subsidiaries which stock.—V. have period 141, declared 8 payable New York, Chicago & I. and. Nov; 156, 25 1, . lost Newton $821,842 dividends no 4172. p. of have .... on. Dec; Co., at over 16, notice Philadelphia securities.~-V. St. Louis R.R.—New President. Electric the upon -11: issues sho\vn order an appeal approving calls - % Ft.: Ch. & Central 1/1/61 ' New R. >\ , England Ry; Chemical kcw .. Nov 2 RR. % Co. . 1, '42 % July 1,;*42 and Jaiv 1,"'43 :RR;/ Co. —L_^__ 7/1/45 156, of l%'42 and Jan 1, '43 40 , • > 2 July 1, *42 and Jan 1,'43 7." Court line. The for Total open States & Trust Dec. ait " stock \ Co., Co. Power a Broadway, 165 1942, 31, not price of Crl,277 Cr430 $82,804 $793,348 $850,187 applic. to pfd. stock for the period— 458,478 458,478 ,..$334,870- —..J-.,,..- —— the & ■ $391,709 and company Light former its whose Co., net 1942, consolidated wholly owned subsidiary, assets business and opera¬ Inland acquired were receive bids exceed to " ,, Y. for $60 Sept. 30- 71942—3 revenues-. $344,942 $363.454; • as tax provisions to the .amount required by the Revenue Act of 1942.—V. 156, p. % profits) excess 7 If 32,027 < The $88,540 sale the made to of to $94,334 during ///Payments Sept. 2, 2, June 1941 each, cents 50 Dec. 15 paid a the common stock. 1, Dec. — Christmas Distributions of 15, 1 . $1.25.—V. 784,373 138,288 124,815 63,046 59,022 15,000,000 shares " 2 and 1517. 155, p. 1941 1942 / $9,548,376 $2,575,185 +6,276,000 804,347 $3,272,376 profits taxes—,. Net profit ♦Earnings per common share ♦On of each . (& Subs.)—Earnings)— : — Federal income and excess dividend 50 cents and Dec.. 1, last. follows: March 1, June Sept. as were and 9 Months Ended Sept. 30—■ Profit special on on March on • $1,417,816 16,763 share share.— per 877,505 $103,687 company per were Packard Motor Car Co. will $1,449,120 36,935 adjustment 1869. $1.25 % City, 1942—12 Mos.—1941 206,070 credit adjust the . Mos.—1941 tlncludes date, /" Package Machinery Co.—Christmas Dividend— for system N, that of Co.—Earnings— expenses ■ tother than Fed. $1,770,838 $0.21 of .capital stock. tBased on $0.11 Revenue Act of "... 1942. U< Notes—(1) No provision has been of renegotiation sible of any the made for the effect, if any, of pos¬ government contracts on the com¬ /■ ■/'' ■■'''/ :%/:(2) A provision of $1,125,000 was made in the third quarter of 1942 for post-war adjustments/ also, effect has been given to substantial pany's books. ; /:' ■ automotive tool write-downs - Net /operating income Other 50 « Payable at Second National Bank, New Haven% Ne\V' Haven &" North. Co.' 4s ' ' - -,351,850 Erie shares ,, - ,. 40 - the of Northern Circuit (Del.)—Weekly Output— Northern business 2137. p inc/ & 5s , the Bank preferred /..period End. r,',!.T>;....2 / July, England $4 Taxes $20 4s , of of S. U. . Operating 1 ■ close the of V. 4s '* England '1/45, .j-*/,. M.r output the to below,* Amt. per; 1,025,000 19,832 ♦Including for periods prior to April 30. Power Dec. 12, 1942 totaled 40,530,000 wkh.A as compared with kwh. lor* the corresponding week last year, an increase of 7.8% .—V. 156; p. 2137; > 4 it '/.: 5/1/54—___„L: 4s New RR—H. H. 85,417 $149,579 income Balance — Northeastern Water & Electric Corp.—Tenders $1,000, bond & Oppose Plan reorganization trading lor .. V:;' H. 85,417 25,698 - deductions-• & Dividends a / Oklahoma Power, and Water -v' '.y-i'——Coupons to be paid N. 20, ended week :,}i j Payable at Irving Trust Co., One Wall St;, N. Y.'t! $2,134,576 1,025,000 259,819 follows: Dec. >37,611,000 until for the periods and $2,168,921 cligd. to construct— Net against as as and 18. 1507. p. they would 156; p. 1869. ' ! . that plan reorganization been the U. S. District Court for the District of Connecticut, funds will be available-on and after Dec; 21, *1942 for the ■$%;• were each; Dr978 $188,053 share Dec. Two stockholders of the road filed In Federal Court at Newark. N. J.t Pursuant to authority of N,« Y. 1941 %% bonds intge. int. Int. per of record Nov. 2, last, cents on Oth. : tions The payment of interest cents 25 Dr635 : * New York, New Haven & Hartford RR.—Interest Pay- to holders of record Dec. of holders Northern Railroad Co. of N. J.—To John W. bavin, Vice-President in charge of coal development of the Chesapeake k Ohio Ry.. has been elected President to succeed George D. Brooke, who is retiring at his own request.—V. 156, p-,2042. % to 23 Northern States Power Co. 5 dividend a Dec. tWere paid on.iMay: 1,. Aug. 1 and Feb. 2, . 1942,' Payments during on special of 20-cents.—V. stock* preferred stock being Dec. 23, -1942. Dividend • of stock, $2,169,556 Dr219 $260,730 (het)ii— income Gross first until arrearages on first preferred at Nov. 1, 1942, amounted to 164!'2''r.In a letter to stockholders of the' Newton Co., C. A. Johnson, President Dec. on common Feb. U, .May „l,;;Aug. ■; Johnson preferred the: ■%;:Likc:aniountS to company - -The directors The %,-on the holders to above share. per of 7% open Made v"^.,V "V^\j,» made stock stock . 1;; $188,272 Z>r36 $260,694 income..—: income $13.01 1611. p. Int. Phila;—Offer ... . Del.,.has preferred first .preferred is conditioned Other 24,800 preferred •sharC.(■$19.98 per a iter 23.200 Nortliern lllinois Corp.—Year-End Dividend— (Geo. B.) Newton Coal Co.; First Preferred Stockholders— ■; prefei-red shares m . *'* purchase Operating -pfofit '$463,542 ;-$322,679 Net ■'*Note—The provision for Federal -taxes, tthe report states; is ba scd on a rate of 64'«t. This rate is* approximate and is figured on the -com¬ pany's. interpretation of the new tax law recently ;enacted.^V, 156, p/ 1631. * • 1/.;, income * V $88,546 long-term 'debti,:; /«/ on 43 ///;%//,,.% 6. income Gross -Int. : . "%//./ 335 $103,730; 54,978 $432,109 $387,778'' 144 .. $388,112 225,677 32,799 34.849 4,120 3,415 ■ 57,219 of car production and further government orders restrict¬ equipment and service inventories duo ing the operation of automobiles.-—V. 156, p. 1058. ; $432,253 234.400 of to cessation Pan-American Airways Corp.—To Pay $1 Dividend.—* ' . f 6/1/56 : Danbury &. Norwalk 4s 6/1/55 vl Dec:Tv-'42 - Bank registered both and Trust Co.,. 22 Farmers bearer form William St., payments of ithis interest when collected.) Payable at Irving Trust Co., ?. Y. N. N. <".& ' fef; 4s 4s H. k i 1 7/1/55 ' — l/i/56 4s 1/1/55 1/1/56 4 /1/55 Y. N, H. N. (Scrip St.. 1, '38 & Jun Nov Jan 1, '38 & May 1,'39 & July 2 Jan Jan 2 Mar 1; '39 H. RR. 35 -15, '39 & July 15, '39 1, '39 & Sep 1,'39 60 4/1/40 Mar 1, '39 & Sep 1, '39 inc. 1, '39 Jan 1,'39 & July 1, '39 40 Jan 1, '39 k July 1, '39 957 4,216 3,272 $23,501 1,.*39 & Oct 1, '39 - $36,347 $121,301 40 Apr 1, .'39 & Oct dividend payable Dec. $156,317 Act of taxes have 1942.—V. 156, been p. computed in accordance with V'v 1057. was made of $1 per share has been declared to holders of record Dec. 29 on Dec, 19, last,' as compared on the common stock, 23. A similar distribution with 25 cents on Nov. 1, 1938.- • -:" 1, '39 . -Oct 1».'40 through Oct 1, '41 & exc. than $272,676 $1,212,180 220,243 188,289 910,874 The Net operating income 17,278 18,836 68,725 67,732 14,715 10,417 44,924 20,060 . 648,671 taxes- $45,215 income $55,135 $187,656 $197,810 Dr4 68 — Int. > •: the other & Net income income 1942 deductions ——— Federal Revenue $45,215 — — income Act' of $55,135 38,632 taxes 1942. $187,652 40,384 $6,584 f '$14,752 have IL -is been computed anticipated there $197,877 158,596 162,349 $29,056 ** $35,529 in accordance will be passenger quarter and Parmelee Transportation Co. 9 Months Ended ♦Net in 1.942, no with excess interest, (& Subs.)—Earnings— Sept. 30— profit provision 1941. Gross :■'/ corporation $934,273 - Fed. profits— income 1942—12 Mos.—1941 $297,453 expenses other (& Subs.)—Earnings— 1942—3 Mos.- -1941 ; revenues- : ; reports, for the third quarter of 1942, a total of miles flown, compared with 87,769,153 in the 62,658,172 in the third quarter of 1941. Plane miles flown in the third quarter aggregated 9,485,208, against 8,296,418 in the second quarter and 6,156,191 miles in the third quarter of 1941.—V. 156, p. 963. * ♦After Other 35 $90 Mileage Flown— 97,1.69,765 40 Apr oper. ♦Federal 40 July ♦ 1,211 35 1, '39 & 2 3 874 second Taxes, 40 Jan Federal income Revenue Operating Conn.) % ♦N.Y.N.H.&H, RR. 6s • 1,054 : —— Period End. Sept, 30— certificates must be forwarded dirfect to treasury,- 71 -Meadow New. Haven, / % • income *1942 Total 35/2s ^ t 40 1, *39 1. '39 & July 2 —_—_ A interest/(net): 7 Old Dominion. Power Co. 40 2 a——J—— ■ 8,333 : M.* - $45 2 ; & 5 : "/-"/.-i... v1, '39 1, '39 2 1_ -Net City-v stamping of 2 7/1/54— 4s 4/1/54 • Wall St.,' N. Y Dec 3/1/47 4s for to the ' — Consolidated Ry. s City, 2 —— General 7,801 $25 presented , 2 3/1/47 4s. Y. ■■ // expense Other income deductions • /%.■: be 2 1/15/48 3'/2S N. // and ' ' ' 2 4s ■' One 1st 5/1/56 6s .- RR-4% 12/1/67——— 3 V->s . - H. must Amort.- of debt discount, / 20 at City Bank Farmers-Trust Co., N. Y.: ♦Housatonic RR. 5s 11/1/37— 1 Nov 1,'42 (Bonds $20 • 7Payable V ;/ /VjSf/V" ' ;Deo- 1, '42 1942 ———.— normal of $347,400 and $90,500 — depreciation, and other 1941 $917,093 t$U5' charges, but before estimated normal Federal income and surtaxes for proportion of normal Federal income tax in tLoss. Note-—During the first nine months of the current year the rates of depreciation on automotive equipment were reduced. Had these reduced rates been applicable during the first nine months of the prior year, a profit of $152,814 would reported—.V. 156, p. 1058. have developed as compared to the loss THE COMMERCIAL & FINANCIAL CHRONICLE 2228 ♦Net profit {Earnings per $2,536,816 $5,702,896 $0.54 $1.21 12 Mos. Ended Sept. 30— Operating Operation and Federal income taxes, (This included substantial transportation costs incurred during previous quarters and re¬ covered during the third quarter. The provision for Federal taxes on income was based on the 1942 Revenue Act, reduced by a post-war ♦After charge*, of capital ■ 1942 charges t--,.:-.-—-,—$1,499,811 income and excess profits taxes——— ♦962,000 1941 $1,388,486 profit, $694,244; $537,811 ... $705,589 for excess profits talxes. tOn 243,683 shares (par $1) of common stock excluding 6,285 shares held by subsidiary.—V. 156, p. 1058, '■.?: ;■ v. ♦Includes Peerless Cement Corp. $256,803 310,062 9 Months Ended Sept.30—■ ...Net 'incomer Outstanding shares of common stock__ ♦Earnings per common share c——— —-i' •V, 156, p. "On 310,062 shares of common stock.- 1058. XX (deprec, & depl.) for retire, 1,344,239 of fixed cap. taxes—-— such 3 Mos. End. Net- sales X,.;V. ;. Sept. 30— 1942 . 130,462 —_ — sales $4,261,764 Gross income Interest Other- ______ Interest debt on Taxes assumed Other interest,' Interest associated to 1,558,985 43,223 125,714 interest______ on 18,189 XXXX,'! 952 Net $1,998,459 $773,910 $725,600 (net)X- 2,410 ^X—— 1,552,608 $1,278,443 4,497 ♦849,294 _■ ■■ 1942—Month—1941 ' —; Operating expenses ♦Federal taxes 1,974,921 364,786 —■ "Other-''taxes Prop, retire, res. 2,052,188 237,500 $423,978 $511,059 $486,953 110,339 110,339 110,339 110,339 237,500 2,850,000 1,300 16,798 $300,245 $313,640 $400,720 $0.93 $0.96 $1.16 $1.10 „Xxxx—x—. ■ Consolidated Balance Sheet, Sept. 80 1942 1941 $3,756,107 $1,227,949 4,515,584 3,798,142 Assets— in banks Cash 15,355 and Miscellaneous hand————— on accounts ♦Customers" limited-term notes receivable-^v receivable.—— and accounts 44,745 36,801 - 17,429 19,346 5,822,500 686,197 8,658,306 4,725,751 824,089 7,934,777 Goodwill 831,347 211,740 202,350 Due >—X from employees and agents Inventories -y— Investments and advances— Net • oper. Other (net) Gross income _y_— on mtge. bonds 'y. Other Int. debentures- on int. 277,083 106,875 91,581 Cr 13,835 & deducts— chgd. to construct. Net income :; 1,128,834 Crll8,733 94,922 , Cr2,939 $756,105 $444,985 stocks for the period- Dividends applic. to pfd. $7,632,298 pro-rata credit adjustment of $273,452 to adiust the amount required by the Revenue Act of 1942. there remained a net overprovision of $546,906 to be adjusted in the months of November and December.—V. 156, p. 2043. 31, 1942, operations—: . '/y> payable ■ payable, to banks... States 185,974 3,626,054 273,981 :v;,'y3,584 — ' Minority interest in subsidiaries—{Common stocky Pennsylvania Salt Manufacturing Co. surplus Capital ; 3,371',: ♦After charges and Federal) taxes stock.—V. 156, p. 1869. $1,417,024 tOn $1,649,949 $9.45 $11.00 150,000 shares of capital - debts Sept. 30— Cost of sales, amortiz., deprec., • 1941 $23,255,251 $19,896,876 21,850,223 18,837,694 etc.— Operating; profit Other income 1942 ■ • $1,405,028 101,581 — $1,059,182, 92,138 I of $126,058 and discounts Total Federal income Federal excess income Miscellaneous tax $1,506,609 400,687 457,866 — profits tax deductions .yXxyui- 75,688 ■ $1,151,320 270,818 185,000 ; 66,039 Provision for $572,368 X' 490,948 ■ . $629,463 Earnings per common share Current assets as r—i—. . $147 $40,326 $1,128 of Sept. 30, 1942, including $2,216,467 cash, ^mounted to $7,041,793 and current liabilities were $2,272,749. These cash, of $1,819,733, current assets of $6,227,082 current liabilities of $2,158,325 on Sept. 30, 1941. Inventories $4,776,624 against $4,334,460.- ; compare with ,' November Sales— taxes) State for Federal profits Net by .Other. income — Net .... 6,895,648 , Net ' income Minority income 1 Consolidated —X.: het 1,583,394 ^comeX--—---. with compared A similar payment 20, .1941, cents on Dec. 50 \ , $7,622,334 — 10 years.—V. 136, • 1942^ • X;;:XX'rX ''x'';:x" 1939 1940 1941 - ' $7,966,613 ,$1.770.183 6,897,891 -1— . $1,118,247 -143,100 . 201,798 $1,567,347 143,548 'X 143,100 X 371,108 150,215 655,051 , < $705,084; 481,908« - -142,580 186,520 / 149,928 / X 154.264 ;*X X'-X:" -:XX.:Xa 39,683 , 11,725- /X '■« 12.737 ' 983 .//;'/'X.323^V'X.Xf6,870: (19,772 ?. (20,017 ( 26.426 $842,486 484,008 inter-companyXdividends.' ' Consolidated Balance $1,068,722 - $537,324; $591,357 363,006 363,006 ' (Closed • plants expense; Sheet, Oct. 31 'X'XvX,- X X/",: » !- ':X"' ;-XX'X;'X'X! 1942;,;:"--; 1941 * Plant and franchises (less/Aepveciatidh)X_!XXX-^ $7,853,122J. $7,810,240 Assets— $7,884,290, 1,577,417 $9,205,728 interest ' ,. share has been declared on the common 1939.~ry. 156, p. 2044. debt on X"-;X' '■ Xr; 6,859,827 : nnd were X/ Gloeilampenfabrieken all ♦Dividends paid ..$16,101,376 $14,744,117 deductions 'ast. State and Federal, taxes Br246,204 JDr524,354 -X_'„ Gross, income Income 5, Dec. 28, earnings, ♦Exclusive of • per Depreciation; etc. ---XX 148,443 Loss on assets disposed ;XX of or destroyed *" /' 5,101. : Prem. on own bds. pur. " 4,460 Miscellaneous l: (18v493 ' f. X—$16,625,729 $14,990,321 —w—. — on earnings Interest 166,779 366,533 ■ . revenue..X—^.. Aug. on and Net ; subsidiary.— operating York. Philips' ' 4,781,912. 4,928,497 . : tax New V. yX:r^: X sources M'l;957.919 $10,770;368 : $8,725,631 Oper., etc., expenses-.10,187,7369,203,021 7.607.384 taxes — excess in N. X-X >"/'X;';':'i: (Including, Tech Food Products Co.) 3,170,036 3,349,493 income 25 cents Years End. Oct. 31— 589,137 v '^Surplus$81,420 utility a and of 859. Sales —— utility subsidiaries by ; Federal now The only substantial holding other than that of International General Electric Co., New York, com¬ Pittsburgh Brewing Co.—Earnings— ' ♦Provision y Net; profit ■■'"Common, dividends XiXxy— income is shares President and General Manager of the company for — ... (other; than the Roy G, Clark of Atlanta; Ga., has'been: elected President to succeed late Albert H. Merrill Of Cincinnati. Mr. Clark has been Vice- ■ 12 Months Ended Sept. 30— 1942 1941 Operating revenues ; $55,777,382 $51,436,456 Operating expenses U-iyy.—^ 20,017,459 18,207,517 Maintenahce and repairs.—— 3,409,176 3,592,521 Appropriations for retire, and depl. reserves— 7,076,876 ' 6,526,651 Amortization of leaseholds —; 2,929 26 Amort, of utility plant acquisition adjusts...X. : 690 r 690 Taxes directors, of the — :-v . Piggly Wiggly Corp.—New President— in (Not including Pittsburgh Rys. Co. and subsidiaries and other street : r y y railway subsidiaries of Philadelphia Co.) y • — of all made was p. . x ■- $24,543,955 $19,600,551 —— — for doubtful reserve :' stock, payable Dec. 21 to holders of record Dec. 16. 5,922,449 1941 and $152,694 in 1942. (After reserve for depreciation of $7,908,351 in 1941 and $8,481,945 in 1942. {Represented by 441,354 no par shares, 1!Includes excess profits taxes.—V. 156, p. 963. yVi -v Peoples Drug Stores, Inc. (& Subs.) 9 Months Ended and by Dutch interests. dividend of A Philadelphia Co. (& Subs.)—Earnings— Total stores income v " : 1940 Phillips Packingr Co., Inc.—25-Cent Dividend!— . > —. yi.j.yyiy Total ♦After ♦Net .profit"'4yiiyyyyi.1 tEarnings per common share , Earnings— ■"-'I.-!-!' Sept. 30— in ture |of trust dated Aug. 25, 1939 between N. V. Phillips' Gloeilampen¬ fabrieken, et al. and Hartford National Bank Ss Trust Co., is com¬ prised of Louis van Zelni (Chairman); Vernon M. Dorsey and Ellwood Colahan, with L. P. Graner (40' East 49th St., New York, N. Y.) As Secretary, W. E. Donovan as Technical Advisor,. an0 Stacy V. Jones as Executive Secretary. . .. V ''v../:";X'X:'vXv;/''X-./ / •''X-Xf 7,798',534 7,798,534 3,000,000 60,000 6,817,114 .preferred-.: stock held Dutch is 86,038 229.241 187,292 1,773,084 266,276 230,947 taxes, Accrued board the and 25 cents 12 Months Ended ' ;. other and Otten prising about 6^ of the shares.' There has never been any German representation in the Management or shareholders." The advisory committee; organized' under - the provisions of inden¬ 900,000 166(989 Sundry accounts payable—— :fFederal Income \tax2.'.*:.U'y-:..^-.^-yyi..yy4 Reserve for insurance. i.. Earned surplus . ■ Otten, President of Nv V. Philips' Gloeilampenfabrieken; the plants of which at Eindhoven, Holland, were bombed the RAF, said on Dec. 7 that the news dispatches indi¬ "Almost are $2,434,265 $2,386,777 and wages..^.— Accrued salaries ■ $1,337,520, $3,785,766 provisions to Oct. to of Liabilities— Notes 3,846,532 ♦Includes monthly At charges Accounts Cr82,098 3,846,532 machinery and equipment. estate, y—$24,543,955 $19,600,551 1,219,599 $5,184,052 Balance tax fReal $920,926 $10,801,653 $13,377,299 277,083 3,325,000 3,325,000 106,875 1,282,500 1,282,500 $1,217,809 Interest Interest $918,924 $10,757,491 $13,343,262 2,002 44,162 34,037 $1,215,519 2,290 revenues- income .-?< The announcement further went 831,347 Deferred X investments stockholders receiving sets, radio tubes, radio transmitting apparatus, television receivers and transmitters, X-ray tubes and apparatus, sound film equipment, sound amplifiers, apparatus and parts for line and wireless telephony and telegraphy, and a number of industrial articles, "The companies In the British Empire with their plants are engaged on war production, and are understood to employ about 15,000 .persons.- ' rx/vx X' X* ' ;■?: ■" ■■■'•:X:v''•.Vvvs." X'X.'-''X./'X ,:Xx "Mr. Otten is President of North American Philips Co., Inc. (organ¬ ized early this year), which has plants at Dobbs Ferry, N. V., and Lewiston, Me., producing chiefly radio articles for the United States Army; An affiliated company, Philips Metalix Corp.,- with a plant at Mt. Vernon, N. Y., opened in 1934, produces X-ray tubes and apparatus for military purposes. Another affiliated company is Philips Export Corp., of New York, which was formed in 1940 and has exported American-made radios and lamps to Latin-America and the British Empire. -X'-XX'' '[ X.-''-,;:X' X;/ X"More than 20 Dutch executives, engineers and specialists are em¬ ployed by the American trustee- on the work of the American com¬ panies. Others are in London as advisors to the British trustee. "Dr. Anton F. Philips, co-founder of the business and Chairman $376,614 on 441,stk. (no. . 2 058,006 2 ,850,000 1,606 approp. 157,799 or on to say in part: ; "The Eindhoven plants were erected at a Cost of more than $60,000,000. The Philips company was before the war one of the largest European industrial companies, employing throughout the world about 50,000 persons. The major Philips products are electric lamps, radio /x~ X'X.J;.;0i,875:''X ./(——/• ^.U'iLX.—. - , 167,343 appearing in the paragraph entitled 1943"; and found that the alterations effected by the amendment do not Netherlands West Indies. 536,'X" XX'X-X 893 equal to $2.15 a share on common, comparing with $1,107,915 or $2.51 a capital share for the. first nine months of 1941. 'V 1942—12 Mos, —1941 $3,649,061 $45,948,724 $43, 172,996 1,958,384 22,815,551 21, 246,277 375,154 7,456,696 3 ,660,096 $3,961,675 revenues of 230.919 ♦253,134 X—//, 675 :/ fReserve to cover expenses which will be incurred in the fourth quarter and are properly chargeable against that part of -the fourth-quarter sales which were anticipated by unusually heavy sales in the third quarter. For the nine months ended Sept. 30, 1942, net profit was $1,011,276, Light Co.—Earnings- Pennsylvania Power, Amort; 6,835 ♦Includes excess profits tax. —Xv/XX':— •:' X—x^XvXXX—x ■ period End. Oct. 31— Operating X 9,180 $442,458 ;— ditidends. 354 shs. com. provision has been considered necessary for excess profits tax under the Excess Profits Tax Act of 1940, as anfiended,—V. 156, 1420. 983 — dividends —XX per sh. X. par) X': —■■X^-r-X'-X—'i;X;;' y.-yi:- '-X: xX'X y\X—X'-. Note—No p. — profit Earns, acquired for the full operations of companies merged or 1942'.' Philips 'executives and engineers came to the are now operating the American Philips factories on war production for the United States. The American properties are held in trust by Hartford National Bank & Trust Co. of Hartford, Conn. 'xX''■'■ ' ...X'X'v'-;-,The Philips properties in the British Empire are held In a similar trust in London.The * original Dutch company, N. V, Philips' Gloeilampenfabrieken, now has its ' office' in Willemstad, Curacao,' 10,489 period. 1, Incandescent damaged. Mr. United ;XX': 841 ——_ income Total ,Surplus-' ♦Includes ously $724,759 $772,958 1,669 Preferred $2,020,578 deductions————— income Net income ;■ an that both the electric lamp and radio tube factory on EmmaX; singe! Avenue in the town and the radio set factory and glass works at Stryp outside the town, covering a total of 78 acres, were seri¬ 8,815,036 182,531 197,073 $1,276,774 Common 61,648 Cr39,780 >^'cX—~-X——^v $2,939,029 Miscellaneous approved cated (270,084 —XX Minority interest 29,599 2,566 F. S. P. i Cr44,297, X— court Lamp Works (N. V. Philips' Gloeilampenfabrieken)—Holland Plants Bombed— \ 1939 $1,997,041 1,418 -Federal taxes' 68,873 24,283 — charges—r—X charged to construction date "Jan. the Philips 315,672 companies--— the ; 1,808,005 (less prem. 1942, materially or adversely affect the interest of creditors of the debtor.—V. 156, p. 1869. :'l\v $9,992,409 prov._. income Interest $4,275,084 bonds mortgage on of debt disct. and expense Amort, 10, principal, amount of debenture bonds and each principal amount of allowed general claitrfs, the sum and which amended. Article VI Of said plan by chang¬ "General Provisions" to "Jan. 1, modifications of the plan 13,320 $4,667,692 XX —— 1940 13,475,359 200,708 223,478 : . Dec. $1,000 and ,116,786 $4,672,223 Dr4,531 income Other income (miscelleaneous—net) of of $15 in cash, ... $9,466,843 8,496,812 1941 17,924,339 and Abnormal ;y Operating, profit Operating ■ entered recently by $20,144,858 $14,952,842 —————— expenses—. Costs $4,144,978 revenues—:— Income from lease of gas plant— order German-held 911,782 $4,541,760 operating . of the plan of reorganization dated Dec. 10, 1942,. which; the cash payments now authorized on the petitions of the and of Central Hanover Bank & Trust Co,, as trustee, elimi¬ holder of $1,000 156, p. 2138. period.—V. ''Depreciation; XX—:i Net further a holder Pet Milk Co. (& Subs.)—Earnings— . 850,968 'taxes.':-^--ir.-i—r----.--:—X846,13.7 /Other 378,457 100,787 ing 1,361,358 685,259. ■: — $ 405,844 494,022 115,565 not Consider that they have any liability for years 1941 and 1942. Because of non-recurring losses incurred by Texas Public Service Co. from the sale of properties in 1941, this subsidiary did not incur any Federal income tax liability for that year; Had there not been such losses, the amount of Federal normal inconje and surtax accrued ior the twelve months period ended Sept. 30, 1942 would have been-approximately $70,750 (1941—-$14,250) greater than the amount shown above for . ^'®T?'491 — Prov. Federal. income $ 2,526 $ 506,630 do companies ♦The Total ■ > view of debtor Federal excess profits taxes for the 1941 Sept. 30— :. , . *1942 operating, revenues : $13,067,124 $11,903,476 3,809,339 Operating expenses ——4,525,749 31,010 Electricity purchased for resale —— 53,489 794,041 Maintenance-—-12 Months Ended 1942. Bank Co., nated* from the plan of reorganization dated July,1/1.941,'as amended Oct. 10, 1941; and March 2, 1942,■ those provisions of Article V entitling each holder of $1,000 principal amount of refunding mortgage bonds to receive on consummation of plan $135 in cash, and each 21,500 30 (Restricted as to payment of dlvs.) Net income XX'XX/ : 829 deductions——, etc., taxes, Expenses, Pennsylvania Electric Co.—Earnings— • By 469,996 $ 505,771 $ $1.05 $0.83 y $ parent companyCos. deducted above; to Subsidiary from "incomexT——X———j .other 309,827 —_—*,;X: applicable Balance Income X!1941 $324,608 1942 • & amendment 342,544 321,428 " ;Xfx(1. -,v..;X -Earnings-—'.', Drexel , $2.79 $2.14 (Earnings per common share_—1 Hanover year , 812,540 $ 827,199 deductions, the Amendment of Plan in X—u.—;' — 289,580 $ 'U——X— income Gross 694,242 1942. year & Trust Co., 70 Broadway, New York City, Philadelphia, have been designated as paying agents. Holders of refunding bonds and debenture bonds Should send the same to Central Hanover Bank & Trust Co. or Drexel & Co. for appropriate stamping, together, with an executed letter of transmittal. The above payments were made available Dec, 17, 1942. $1,102,120 278,854 for interest Central 22,747 $1,106,053 the for , , of $1,079,373 14,816 income^X— —-,i—*■ Retirement reserve accruals— — Total 'Net' 271,053 $1,091,237 —— Gross after Federal Utility operating income Other;'income, met,-—— ,y 30— 9 Months Ended Sept. Profit 1,973,954 115,994 174,524 274,546 bonds To zation and Inc.—Earnings— & Tilford, Park 194,962 115,770 taxes.————- .Other {On the 4,702,945 profits taxes, stock.—V. 156, p. 1058. refund of $148,938 applicable to excess 1,969,130 i-i—- said on the holders of unsecured claims allowed in the reorgani¬ proceedings (other than claims of subsidiaries substantially all of the capital stock of .which is owned by the debtor). a payment of $3.85 per $100 principal amount of claim, to be applied on account $3,614,898 ——„—— (c) , $3,645,645 ♦Federal and State income taxes-y—_—^_. account of interest on 1941 1942 - revenues Maintenance-' excess shares (b) To the holders of the 20-year convertible debenture bonds a payment of $38,50 per $1,000 principal amount of bonds to be applied (Texas Public Service Farm Co. Not; Combined) 1942—9 Mos.—1941 Sept. 30— 1942—3 Mos.—1941 t$2,180,119 $2,746,944 com. sh, $0.46. $0.58 Period Ended Peoples Light & Power Co. (& Subs.)—-Earnings; Corp (& Subs.) Tan American Petroleum & Transport Monday, December 21, 1942 • XXXv—1,060,571 ■.' ■ ■ 907,124' deposit L—-—r 100,000 .100,000 267.678,, .,467,678: obligations___—" Notes and accountsreceivable--X180,376 ' 176,294 In1ventor ie's •" iJX-X-Vr---X----XX--- '-X 896,141 672.059, 3,244 2,119 Accrued interest on InvestmentsL^___-__i.-X__ Cash Time U.'. $6,306,872 S. . Period End. Nov. 30— Sales —V. : • 1942-Month—1941 1942—11 Mos.—1941 .X—$2,816,466,. $2,340,424 $28,693,715 $24,420,206 156, p. 1869. - y. y* r Pepsi-Cola Albany Bottling Co., Inc.—Initial Dividend The directors recently declared an initial dividend of 20 cents per stock, par $4,: payable Dec. 18 to holders of record Dec. 15.—V. 156, p. 1155. • share on the common ♦Provisions basis of the 1942 normal ended Sept; Revenue .-Act. the- companies that there is no tax for the .year. 1942 except as instance Federal 30, excess profits tax, surtax and excess profits tax 30,. 1942, have been made on, the It is the opinion of the officers of liability. for Federal. excess profits to one Utility subsidiary,, in which tax for the nine months, ended . Robert J. Bowman, Vice-President in charge of operations,, has been elected President, to succeed George p. Brooke, who is retiring at his Own request.—V. 156, p. 2043. Permutit Co.—35-Cent Dividend— A dividend of 35 .cents per share has been declared, on. the common payable Dec., 28 to, holders of record Dec.; 21. This/ compares 25, cents paid...on July 9, .last.; .50. cents on Dec. 29, 1941; and* 25 cents each on July 10 and Sept, 20,. 1941.—,V. 154," p. 1495.; -. ? stock, with . 277,760 642,808 263,604 Other assets .750,689 , Liabilities—"": ■ ■ * •• $11,375,425 $11,056,080 ;w' - $3,025,050 $3,007,550 ♦Preferred' sCock ' Distribution— 1 . mortgage Judge William Fitzpatrick of the U. S.'District Court at Pitts¬ burgh on Dec. 10 authorized the distribution of a total of $5,650,000 among bondholders And creditors as a step in the plan to reorganize company's, capital structure under the Federal Bankruptcy Act. The following payments? are to be made: H. interest on b<pndsX—--X-—X_-X_—.. Customer container deposits——Reserve , for Federal Earned, surplus and State taxes--——/_ ———1— 2,981,125 2,981,125 2,385,000 stock—X-_rX_X(——_X bbnds„-l-i_— '.Accounts payable.'—XXX— Ffrsb Accrued - ; Investments ■ ■' fCommon Philadelphia & Reading Coal & Iron Co»—$5,650,000 ' . ' Sept, 1942, is provided for after the application of the post-war credit. 156, p. 1612. ; —V. ' Pere Marquette Ry.-r-New President.— Federal for for the nine months 2,385,000 ' .. ,119,232 133,700 47,700 ,47,700 378,549, 250,129 •' {259,514. 375,506 1,657,938 1,971,116 * Surplus by elimin. of inter-cd; stock ownership- juX 211,170' :■ 214,400 . (a) To the holders of the refunding mortgage bonds a payment; •Total of $100 pe;r $l,OOft principal amount of bonds on account, of prin¬ cipal-on said bonds, and-payments of $50 per $1,000 principal amount bonds representing full 5% interest for the-year 1942, and $35 • - valuej. on notes owned, 1941. - ' «1L056,080 ♦Represented by 121,002 in' 1941 and. 120,302 shares -in 1943 (no par ' (Represented by 119,245.. no. par shares, {Less ,UX S. tax; $41Q,900.;—V, -156;. p;. 78.7.,: Of account of interest for the year - THE COMMERCIAL & FINANCIAL CHRONICLE Number 4155 Volume 156 Years Ended Sept. 30 Income Account, Consolidated f 1939 (less sellling com¬ $20,226,584 $14,411,183 $10,214,111 missions) JCdst of goods sold and Selling & gen. exps.— $7,145,579 9,151,436 6,531,566 Adjust, in normal inven. 205,557 reserve,—..———— of Yards. new post, intendent In 11,775,060 17,243,866 • Reliance Electric & Engineering Co.—25-Cent A succeeding Mr. Callahan. Since 1936, Mr. Carry has been Assistant to. the Vice-President in the operating department, Since 1929,. Mr. Callahan has been Super¬ Yards, $1940' $1941 U942 Sales the'operating department, and Fred R. Callahan as General Manager of that department. Harry B. Reed was appointed Superintendent of Subs.)-Earnings- Plymouth Cordage Co. (& 2229 his Callahan will general supervision have Divs., j int., etc. .(net) — Adjust, of prior taxes—. Loss of sale on Louis over Republic Drill & Tool Co. Under inc. taxes (reserves) Miscellaneous for Reserve conting— $373,422 380,500 §Cr7,629 §39,722 98,850 §144,606 of — $1,423,723 405,926 $656,296 338,323 $129,966 $176,456 declared Dividends $717,664 541,207 ,_Y.Y-~W/ $1,017,798 $317,974 "$212,154 4,740,904 year) 3,405,133 3; 723 107 : 342,120 3,617,288 , Oper. surplus (at end of year),, tlncludes to the Aircraft cover alent. 30 Sept. tlncludes operations of Ply¬ Canadian Consolidated ■ and 1940 assets current "''"YY IsLoss. 1941, 1942, to 1939. U. S. dollar equiv¬ ''Y ■'YY ' Sheet, Sept. 30 Y'YY ' 4 Assets—' • Cash U. deposits and currency)™,—— Treasury bonds and notes—T— Dominion of Canada and receivable $4,074,801 1,122,093 204,786 224,939 notes 117,570 . (net) and Deferred. charges';-—; Refundable portion of excess profits taxes and "'other' '■ deferred '' receivables— 49,264 3,868,479 1 Other Reserve revaluing normal inventory— Reserve. for contingencies : — 101,475 1,177.550 — — stock total .r^L —V. Other taxes Prop, retire, Amort, res. $4,500,881 2,586,009 30,776 22,917 288,889 Y;Y ?■ 21 Dr225 487 $1,148,836 'mtge. bonds 36,865 37,628 Other int. & deductions 3,531 Dr49,519 2,187 446,607 41,097 Cr 1,744 Cr29,962 Int. on Net income ; $82,538 $38,225 Dividends applic. to pfd. stocks for the period- $691,094 Balance ■ $449,932 • of : statement 146,826 $200,761 $0.82 share, per 90c. 1942; Comparative Balance ; YY-'/'"Y11: Y'YY1 .v-: short-term cos. •• — bond discount 314^ and Common stock ($10 Capital surplus Special surplus Earned ': i'1 expense share—$0.52 declared no with A directors declared also local & misc. Fed. taxes—' (normal & surtax) taxes ; 1,811,709 fCharges in lieu of Federal taxes— Net operating income. 2,155,454 -410,661 2,874,184 562,845 2,412,000 $4,810,732 Interest on Miscell. int. & prem. 2,154,61.6 2,635,751 580,427 1,. A 50,972 81,523 19,152 Y 22,751 23,755 • 15,575 54,167 6,268 2,113,600 2,113,600 $903,099 income.——^—. Preferred stock dividends-, Common ; • , -tThese — —. stockdividends.——— charges represent $2,154,303 740,814 1,107,771 amounts equivalent $2,752,808 740,814 • a Net 200,761 dividend of 1942 10 and Machine of cents cents 60 payable 1941, Dec. each stock, par $1, per 24 1942—Month—1941 $392,467 Pullman Co.—Officials Promoted— Promotions on for-three executives of this Dec. 11, with James M. Carry named as company were announced Assistant Vice-President in . ■'-■' 1942—10 Mos.—1941 $335,220 293,685 , 311,406 oper._r $3,578,468 2,906,114 $3,171,569 2,768,797 $672,354 $41,535 $81,061 Cr3,076 $402,772 17,355 204,777 181,757 Crl,123 Cr29,205 Crl0,916 $62,504 31,121 $25,303 $496,782 $231,931 24,257 66,446 62,303 $93,625 $49,560 $563,228 $294,234 21,633 ■ ' Net v income oper. ry. income . Totalincome—i-—_. deducts, Miscell. from $8,994,953 i/'.'-Y'-YvY; income 1 "Total fixed charges—i YY":.':'-Y 161 5,106 "YY, 3,126 334,430 .•334,746 $223,692 ' 97 f$43,638 7 $3,435<;1 33,425 , 7 ~ ' 156, fLoss.— accrued on outstanding bonds but unpaid. 2045. p. $16,028 $60,039 charges ^includes interest 171,678 •/,: /; $9,015,100 Divi- Co.—Year-End holders made were has share to while on Dec. 156, p. 1156. " have declared record April on 26, Dec. July 1, year-end a declared been of ':/YY.v ;.Y.',-y:;..;;Y'-YY'Y" Y;;Y'Y:' 1 1 on and /YYi-^Y YY.-'Y'Dec. 5' '42 dividend on April on Sales Stores in Dec. ^ ^ operation Dec. 5, 1941.—V. 156, p. 6, of 5 Y and the usual quarterly on dividend of 8% of 12(4 cents per share was made on the 1, 1942, compared with 7% cents on Oct. April 1, 1941.—V. 156, p. 1059. common share the cents 1957. 1, $1.50 each; and July 1 and Oct. St. Louis Public Service 1941 interest and provision of $1,100,000 for Federal profits taxes, after giving effect to post-war credit tOn 222,855 shares of common stock. provision. excess A the year-end common Distributions and , dividend of 75 cents per share has been declared on stock, payable Dec. 29 to holders of record Dec. 19. of 25 cents each were made Nov. last. Payments during 1941 and Nov. 1, 15 cents each; of 60 cents.—V. 156, p. 1156. 1, 2, Aug. 1 9 Months Ended Profit before ■ Estimated Net Feb. were 2, as and Dec. May 1, Aug. 1 follows: Feb. 1, 24, a year-end Inc.—Earnings— and 1942 excess —1 "$1,520,115 profits taxes—— 710,000 ——— — 1941 f$634,606 , 249,436 profit :—— $810,115 $385,170 tEarnings per common share $1.74 $0.83 "After $350,000 for contingencies and all other charges, tlncluding $199,015 profit on sale of property and equipment. tOn 465,000 shares of capital stock.—V. 156, p. 2138. ————— 156, Co.—Earnings— $26,695 1942—9 Mos.—1941 $1,164,525 depreciation, taxes, and income bond Interest. first mortgage fLoss.—V. 156, p. 2139.\ t$37,031 interest bond : : Savage Arms Corp.—Earnings— ■ Earnings, 9 Months Ended Sept. 30, 1942 '■'"Net' profil'yL.Y—■—— tEarnings common charges and ■ * •'# li;., $1,302,373 share--,—,$1.94 for Federal income and excess profits tOn 670,860 shares of capital stock.—V/-156, reserves and contingencies, taxes p. per / s" 1957. . ■ : ■ (The) Schiff Co.—November Sales Up— ..■ ' ' 1942—Month—1941 1942—11 Mos.—1941 —$1,574,143 - $1,266,032 $17,205,189 $14,QT9,333 Period End. Nov. 30— Sales —V. — 156, p. 1870. Scott Paper Y Existence Sound area order somq of a ,, Co.—Subsidiary Suspends Operations— shortage of has made it for the War Production Boar<i to pulp mills in the area to production. ■ certain types of pulpwood in the Puget necessary shut down and others to curtail ' operations of the company's subsidiary, Anacortes Pulp Co., located In that area, have been suspended for an indefinite period. Pulp produced at the Coos Bay Pulp Corp., a subsidiary In Oregon, can no longer be shipped to the east coast and is now being allocated by the Government to western users. The Government is now allocating to Scott eastern and Canadian \ . Under this order, . Sept. 3CS— taxes' income on stock, 1, $1.25 each.—V. 1942—Month—1941 30— $144,305 Federal "After $242,311 $1.01 $1.71 common Dec. 21. Like compared with follows: Jan. 2 1059. Period End. Sept. 1942 ,y ; Co.—$1 Dividend— value, par and April p. 1941, "$399,475 : j . 1942, were 2,543, compared with 2,949 on common 1, Illinois—Earnings— —— Dec. 6, '41 y, been declared on the payable Jan. 2 to holders of record amounts were paid on April 1, July 1 and Oct. 1 last, $1.25 on Jan.'2, 1942. Payments during 1941 were as "After depreciation, income and <J» ... dividend of $1 per share has A no cents per share —-—————— per Y 40.943,856 553,206,661 448,675,537 St. Louis National Stockyards Quarter Ended Sept. 30— tEarnings • 46,382,611 — Dec. 5, '42 Dec. 6, '41 of payment Qqjnmon Dividend— a —48 Weeks Ended——- ——4 Weeks Ended—: ■'Y /Period— 18. 1, last. Net profit taxes \ with 4Y Safeway Stores, Inc.—Sales Up— stock, Reo Motors, additional $6,260,288 RR.—Earnings-*-^ from rev. "After 1,107,771 to 1942—11 Mos.—1941 $7,875,280 $734,623 earlier.—V. 156, p. 1421. year Railway tax accrualsEquip. & jt. facil. rents 441,539 : 445,252 Reliance Manufacturing Co. of $3,130,076 payable if the company did not have .the benefit for Federal income and excess profits tax purposes of Reductions resulting from the settlement of a long-term lease and/from the refinancing of longterm debt.—V. 156, p. 1694. ; The company operated 119 stores on Nov. 30, last, as compared 1,631)400 515,047 54,167 Y ;Y A dividend of 50 cents per share has been declared on the common stock, no par value, payable Dec. 26 to holders of record Dec. 18. This compares with 40 cents paid on Sept. 30, last, and 30 cents each on March 31 and June 30, 1942. Payments during 1941 consisted of four regular quarterly dividends of 25 cents each, and the following extras: March 31 and June 30, 5 cents feach; Sept. 30, 15 cents; and Dec. 24, 25 cents.—V. 156, p. 1780.. v'-VY; Y■ ;■ May -vNet 1941 $134,485 156, p. 1421. 1942—Month—1941 — \y--Yy Y,;Y'V :i; and 5 cents ,35,705 . $34,695 that the company Is now engaged in con¬ report- states period End. Nov; 30— 118 81,400 — distribution stock 611,648 other ;deductionsi— Y4Y';'1942:'■■■-'• " $4,000,000 ——— July 1 and Oct. 2,638,049 474,472 & exp. Y'/ Rose's 5, 10 & 25-Cent Stores, Inc.—Sales— 1613. year-end common $6,415,478 Jong-term vdebL;—Y—_ usual ,44 Year-End Dividend— Amort, of debt disct., the Sept. 30— profit Note—The 15,438 ■ per share on the class A stock, par $1, both payable Dec. 28 to holders of record Dec. 15. Like amounts were disbursed on these issues on $6,602,654 187,175 $5,992,741 cents per share on 28 to holders of record 50 share 495,010 $4,000,000 Reed Drug Co.—5-Cent 1,460,331 209,615 $4,806,142 Gross income of per "After charges and Federal Income taxes. 4,528,807 1,631,400 515,047 Button-Hole common Oct. 2,277,211 $6,021,562 28,821 cents ' "Net Reed Roller Bit Co.—50-Cent Common Dividend— 4,591 Other income.(loss).——Y——, 30 Richmond Radiator Co.—Earnings— 9 Months Ended Period End. Oct. 31— — par) 60 cents was made.—V. Public Service Company of Indiana, Inc.- State, $2.04 4■■•'■:-Y ■•"'■; since. none The "Net income Fed. inc. Y paid on Dec. 20, 4./'.' ■•' -Y: quarterly dividend of $1.37 Va, per share on the ,5Va % cumul. conv. pref. stock, par $100, payable Jan. 4 to holders of record Dec. 22.—V. 156, p. 1509, 1940; dend— Div.— Operating revenues —„— $21,037,978 $25,313,117 $23,119,022 Pwr. purch.—From affil. companies 419,556 351,646 422,256 Other companies 1,333,291 1,401,674 1,585,254 Gas purchased —— 914,885 960,341 1,170,212 Other operation ——————w 6,204,948 5,579,722 6,795,750 Maintenance 1,240,963 —~—————1,008,197 1,246,225 Provision for; depreciation—2,207,496 2,387,185 2,631,559 Provision for taxes— 1941 $4,808,744 2,515,704 * Reece special dividend of 40 cents per share and the regular quarterly dividend of 25 cents per share have been declared on the capital stock, par $10, both payable Dec. 23 to holders of record Dec. 11. Special distributions of 40 cents were also made on Dec. 23, 1938, 1939, 1940 and 1941.—V. 154, p. 1599. " dividend a value, payable Dec. par compares Ry. operating revenues. Ry." operating expenses. 56,365 „ p. have stock, This Y; Rutland 75,734 bonds—. i.i 156, directors 22. Dec. '1941 ,.'/•••'v' — surplus Total —V. A 1941 ;( ;: 4^-^—4Ya.4^^$733,957 ■ '$2,293,040 common $699,431 — — Coupon interest accrued-— Tax liability ^ 4 f)cj> cumul. .preferred stock ($100 par). The directors . :YY:;7 Y .Y,:7: 50-Cent Common Dividend— the common Other trust Distributions 1942 nine "After charges. fBut after provision of $2,339,631 for special fiveyear amortization. $On 1,023,662 shares of common stock.4 3,143,918 Accounts payable and accrued expenses- 20 cents per share has been declared on the common payable Dec. 26 to holders of record Dec. 14. This compares with 15 cents paid on Oct. 1, last, and 10 cents each on April 1 and. July 1, 1942, Payments during 1941 were as follows: April 1, July 1 and Oct. 1, 15 cents each, and Dec. 27, 25 cents.—V. 156, p. 1059. - its first ' Net' profit ^Earnings per $8,994,953 : $9,015,100 Collateral Providence Gas Co.—20-Cent Dividend— . the Sept. 30— \ , 1942 before .-taxes*;;—-———:t$3,2l7,857 income and excess profits taxes—2,483,600 3,512,925 4,546,840 378,710 u:._—_^u^^Y*^«-^-4i»YY-«4v.-44-^-4444^ other Total A dividend of Oct.3l, '42 for ;7 7-.Y 9 Months Ended $424,379 and Accrued stock, Period— $2.16 tlncludes shares. si 1942 -r:'1'. notes discount notes—.-^-.444„4444- Bonds the 10 Mos. End. -^-Year Ended Oct. 31— income on /YYY 4/,"Y/Y-/.;/ "Profit •Sales ol: Oct. Sheet As Accounts ; receivable. :4———4-_—— interest receivable '" "$81,283 Co.—Special common taxes Federal : Federal $171,67& $0.92 (75c. ^^rr_v4w>4i.4i; Stocks adjustment of $51,000 to adjust Federal tax provisions to the amount required by the Revenue Act of 1942, credit adjustment of property tax provisions of $95,000, and other adjustments also, applicable to prior months of 1942, increasing net income for the month by approximately $42,000.— V. 156, p. 1420. 1779. Providence-Washington Insurance for 1,286,916 certing its equipment for war production.—V. y4_44444i-:; 1941) JAssets— credit includes tOn subsidiaries. facilities, war $3,200,509 $1.28 — of Reynolds Metals Co. (& Subs.)—Earnings— V. above . 248,500 "Deficit. Note—The - -2— this year is computed in accordance with the Revenue Act without deducting therefrom the post-war refund;—V. 156, p. 1942, 1059., $693,820 - trust 4(4 122,355 Finance 430,167 $260,927 t1941 $2,129,924 wholly-owned , ;Yi4^44^4^444r44^^44^Y:' , $348,884 430,167 —— etc. Net; profit'■ 1,250 Liabilities— chgd. to construct. facilities, war income—. on - 432,051 171,678 ($6 per share) dividends Y $840,263 461,813 32,932 / Cr3,366 Interest tax - ————.. tEarnings per common shares—— "Includes $463,332 amortization JV 126,816 Dr3,345 $76,266 income**;Y.;.Y Federal $260,519 $277,591 >. $843,608 $1,148,349, 1,963 (net)—— 91 12~6~816 275,000 $172,453 income Gross charges Interest/ amortization of Depreciation 4,867 154,935 135,789 (Nov,, (net Dr) Unamortized Other funded debt—— on YY; ::'";:y,;.662Y per share, 411,347 112 • $76,491 14,802 13,488 Y.—*Y;.—LY-; income Common $3,608,578 2,030,405 48,197 189,304 288,218 $170,490 1,720 2,589 1,932 Preferred dividends 1942—12 Mos.—1941 36,806 ; Net oper. revenues,. 1,560 ui-/ ■'■: and amortization bonds limited-term of investments 43,590 — $315,524 173,468 11,872 approp.7 40,155 2,746 Earned surplus (Oct. 3T)--^4YY4.44Yt444—I-4" Earnings per common share— $440,397 323,402 Cr25,41I Cr64,890 ■ $483,113 Corp.— Retirement of convertible collateral Co.—Earnings- 1942—Month—1941 Operating revenues' ——Y Operating expenses. Federal taxes —.Y.——. Service ;;;'';:;,Balancb;V4-i».liw44-—4 $16,179,661 $15,377,863 Period End. Oct, 31— $485,480 ' Other ;credit 156, p. 2138. Portland Gas & Coke 1941 12,318 and dividends.—— Investment to Earned ■ surplus ; 4,740,904 39,640 1942 $16,081,661 $14,393,969 16,571,459 14,607,342 135,479 822,883 "714.693 246,568 1,391,363 1,477,382 12,200,000 8,800,000 - . . $189,292 293,821 taxes Net 1,065,813 4,917,360 ($10 .par),—- 6,7"25",600 1,065,837 special — , V- 1,177,550 6,727,800 Y. 37,220 ($100 par)——- Capital stock—employees' Capital surplus Operating surplus fee Interest 500,000 • Common 945,276 84,565 1,026,208 YY 300,294 .— and State y ,,\ expenses-—. Total. income ' —i— , $185,286 -4. Federal income $626,211 Y $598,514 S. and Canada; Federal, other taxes /reserve)-,**— Dividends declared ——4— notes— — Other expenses $16,179,661 $15,377,863 Accounts paykble Inc.—Earnings- Sept. 30— after Miscellaneous ... months of 1942 31— Transfer fee to Stone & Webster Service Corp.Directors' ■ fees 3,853,906 -.Y' ;*Y>. ''' Y/'1'/ YY.YY Accrued U. and received interest Service . ■' 9 Months Ended .Profit' The 12,139 . bonds on Dividends Total Land, buildings,; machinery and equipment (net) Liabilities— Months Ended Oct. Interest 2,101,597 5,174,357 195,545 2,767,488 3,835,784 .236,813 s $0.56 110,000 Class A common ; ac¬ Inventories' $112,816 $0.96 " .. Revere Copper & Brass Y Railway & Light Securities Co.- -Earnings—" 12 interest crued y.Y.,'! Y ; . $3,717,964 bonds*— Accounts . ^i942.'-Y;.Y'Y 1941 YYY'1;'''.VVY .•'■''''"';Y (demand S. . 30,'42 Marl 31/42 $182,425 $1.21 shares.—V. 156, p. 250. for a , §Reserve Balance Expansion Program— from $224,664 share per Junl 30,'42 Sep. ; ——— "On combined 61,250 shares of common and - "flying box cars" will flow in vastly increased plant that once produced railroad freight cars as a result of new war contracts announced on Dec. 16 by Harry V. Hughes, Assistant Works Manager, at Chicago. With contracts totaling 14 times its initial orders, the company is enlarging its existing plant facilities to meet the military demand, Mr. Hughes said. The new contracts, he explained, call for "vastly expanded production" of wings and tail assemblies for Uncle Sam's largest two and four motor cargo planes.—V. 156, p. 1779. numbers depreciation at regular rates. years ended reduction of "Earnings a Subassemblies $3,405,133 Cordage Co. and its above-mentioned wholly owned subsidiaries mouth for $3,723,107 $4,740,904 $4,917,360 income ■ Notes—Provision > : Co.—Building Manufacturing unique system of shipbuilding, this company is producing naval patrol vessels, but laying no keels, it was announced on Dec. 14. Traditionally, laying of the keel marks the beginning of a new ship, but under the system developed by the company, vessels are being constructed in 14 completed sections ,< simultaneously, the keel being a part of each section. A large new building houses a straight line sequence of operations in pre-fabrication. Steel plates enter tile building, completed sections emerge. ,''j! .' ■: '7v' ■. Each of the 14 sections is assembled in a separate jig, or series of jigs. Practically all the present shipbuilding employees were formerly engaged in building freight cars or streamlined trains in the company shops. :i '• The building ways accommodate 12 vessels at one time and have been built on reclaimed land at the south end of Lake Calumet, at the Calumet River turning basin..Y'-YYY Brl9,397 $1,076,518 1,277,000 1,930,600 §12,901 500,000 v 5ri, lis; . $2,693,094 $3,161,165 reserve- ■V "'Net\' profit 7 23"072 ; 13M29 ■ 'Total profit. —-——v Curr. U. S. & Canada . 11,918 Car -Earnings— Quarter Ended— Naval Patrol Vessels— Dr65,837 items Miscellaneous Pullman-Standard 38,282 —— DiyY-Y the common 18, A like was disbursed on March 27< June 26 and Sept. 25, last. Pay¬ during 1941 were as follows: March 21, 25 cents; June 26 and Sept. 29, 37Va cents each; and Dec. 26, 50 cents.—V. 156, p, 1059, branches of the operating department, including zones, districts, agencies, commissary, superintendent of car service, director of .service*.' yards, and general storekeeper.—V. 156, p. 2044. $408,456 Br.14,921 on Dec. seven St. E. property $1,062,675 32,912 $2,982,719 $2,636,123 27,946 26,161 5,952 21,256 Y of record payable Dec., 28, to holders ments Net .■'Profit. L—■:.—.——,—' $5, par amount • Mr. dividend of 25 cents per share has been declared stock, pulps in place of the western plups which are not available. The company also stated in part as follows: "This year has been a successful one for the company, particularly In view of the many problems inherent in operating under a war economy, such as higher lations and restrictions. costs, increased taxes and necessary regu-. THE COMMERCIAL & 2230 in of sales 156, Operating operating Net directors for fourth the 12. This declared 13 dividend of 75 a cents 59th 21 to stockholders of record Dec. quarterly distribution. consecutive share, ex dividend, on Dec. 10, 1941. During that period outstanding increased from 161,377 to 172,081.—V. 156, p. 1059. taxes 156, dividend A stock, Feb. of amount 1941,—V. cents 40 156, July on and 1941, 15, cents 50 Feb. on 9 Months Ended 'Net profit tEarnings After and taxes. reserves 156, $126,760 117,109 116,855 $2,036 $9,905 divs.. $553,423 169,630 156, 1941 $206,567 $1.67 Ended Year Operating TOn (par $10) 101,505 shares of common $238,744 234,337 . . -'.y^yf Sept. 30— 1941 'Net profit ___^ $105,115 $108,436 Outstanding common shares______—_ 105,000 105,300 Earnings per common share________________,— $1.00 $1.03 * After charges and provision for Federal income and excess profits and and after giving effect to the special reserve, post-war 10% profits tax refund,—V. 156, p. 1060. excess Net operating American directors The Dec. on declared 11 Dividend— dividend of 26 cents a distributions total "The accumulated and dividend said: current for dividends the 1942 are derived from current on securities owned by the year the was ing profits on securities sold as on the underlying securities. is Net in that 1942 the 36,972 1941 $2,384,009 1,538,563 48,170 35,782 166,387 profit 1,698,816 ___. — 69,497 . Depreciation income for tax, y, contingencies war ended Sept. profit 'On share common ■ , : ?•-' September 30, last, was $1,846,198, contingencies, equal to $1.34 a on common, comparing with a net profit Of $1,548,658 or 96 a common share for the 12 months ended September 30, 1941. 776,627 shares of common provision share cents Note—No of $500,000 stock. for income 1942—3 Mas.—1941 $213,239 $24,604 -32,694 taxes.. $170,545 sh. com. • 322,485 $445,337 $21,348 ; $289,542 $0.02 ^ $0.39 y y;; '.77 7;y;7y&'il Association—5-Cent have $0.24 declared y :;V.r y. 1942 ... share per ..... M 26,389 47,198 150,083 228,940 dend like of payable In amount Dec. disbursed 24 to addition have 'Federal income exc. Chgs. in lieu of 31, June record 30 and of 79,225 259,666 & income 31,103 100,397 $168,661 $750,915 other 30, 374 v.522 2,839 280 $177,686 _______ $169,184 $753,754 72,050 income 72,811 $105,636 '1S42 in ;y' $96,373 Federal income with accordance and excess the Revenue profits of Act 285,362: have taxes Like amounts were comply with July for of Co. stock, This is no the cents 15 of dividend A 25 cents y-r.yy-v-.. 2046. p. This make will same in as Payments cents and 1941 Sept. of year Dec. 1942, 15. the ' during each; extra a 1941. record 40 16, were 25 cents, cents.—V. follows: as 154, and p. Feb. Dec. 18, 28 and quarterly June of 15 16, 25 cents 260. Nov. holders of 30, 1937, when Sept. 30— earnings inc. Net * After common per common charges as Federal $0.24 income of in 1940 of 1942.. been These estimation of rates 641,275 614,631 Federal taxes with 45%% in Southern Advance Bag 9 Months Ended Net income 'Earnings 'On taxes, ton 796,378 _ per 166,650 has been 1941.—V. '4,909,740 '1,296,546 370,052 322,367 !"■: 7 y,;_,7_7 tax. 5, for Federal at produce shares a $1,040,952 adjustment 24% ) at of income and rates lower total in tax the 1942 • , common common $446,592', share. shares.—V, of in¬ Earnings $1.84 156, p. 1157. per y. "yv.y .. estimated Taxes are stock, the Revenue first income nine was $1,500,000, the $4.50 Act which deducting $448,497 $1.85 for 10-Cent cn $$0.3281 rates 1942 of to sum and $ $ of 6,41?8,429 and net earnings for the than had been not resuming a 11 debentures will be furnished plant equipment; by amendment. drilling, development . 3100 M, • ■ ■ : Canadian Bank of Com¬ Julian G. Gross Hogarth, Bradshaw. K''1942' Sept. 30— share.,..- common of *' 'yyy:'^194i; $2.50 156, p. per share has been to holders of record 21 Dec; 20, on $1 Dec. Dec. 22, .$591,202 ; $1.76 ______ stock.—V. common on 9 Months Ended 1158, declared Dec. on 15. $2.53 'y;y,-y '. y- ■ 7.7' \the common This 1941, $1 on July 22, 1941, $3 1939.—V, 156, p. 1510. 77; Sept. 30— ' '*'$">:'• < profit Earnings per compares Dec. on 21, "< 1942 $0.27 .; 1941^ _ $599,098 7 7 share..; common 7$623,486 $0.29 ... depletion, depreciation, Federal taxes, etc.—V. 156, p. 1158, Superior Steel Corp.—Earnings— ^ Period Ended Sept. 30— Net - sales was 16 in $239,041 accordance increased profit Other income Int., action, position months' anticipated. had period 21,923 9,808 $1,288,100 income $712,451 , cess 44,909' y $2,741,207 31,371 $1,905,617 state income depr. etc., tax, Federal $3,584,376 $10,472,457 $10,208,851 7 702.643 2,696,298 ! 1.874,246 1,266,177 and income ex- profits tax______ y - ) 188,803 :7y -777 - 888,000. 110,903 343,036 476,113- 460,000 1,810,000 Net 949,000 $141,548 profit —$211,237 $455,094 $613,601 'Earnings 'On per sh. com. $1.86 $4.02 $5.42 y $1.25 113,276 shares of capital stock.—V. 156, 1061. ' p. 1942—Month—1941 Other 1942—12 Mos—1941 $122,942 66,211 $98,302 $1,172,931 $1,128,966 60,846 711,457 706,970 7,209 10,225 106,479 66.840 13,225 6,920 133,010 126,841 3,543 revenues Operating1 expenses__a_ 3,584 42,577 43,617 $179,408 $184,698, taxes taxes Prop, retire, res. approp. Net revenues—' oper. income $32,7541 $16,727 Dr49 2-, , i -Dr318 Dr 1,178 Er47?. $16,409 $178,230 $184,225 -- with 27.9% included. not was recently $4,664,498 Interest - of income Gross the from requirements stock.- a 1942—3 Mos—19411942—9 Mos—1941 > of dividend declared 7 ; —$4,453,502 Oper. Other to $5,964,652 in 1941 year. The provision for possible inventory loss appropriated as of June 30, 1942. preferred financial with ,|- ■■■.t,y consisting of $1,000 face amount trust certificates for capital unit of'voting Sunray Oil Corp.—Earnings— reserves 1941, the announcing the directors' company's and .... $0.4588 tax $675,000 Other Int. —^__ 10 cents per share President improved were James S. Adams during the somewhat more year, and favorable regular quarterly payment of common stock dividends, 2,725 5,450 101,269 84,140, Cril4 7,049 $8,906 $25,464 to pfd. stocks for the. period-,... $95,627 — -7.7 — credit adjustment of 35,000 $94,749 • ' 35,000 • $60,627 $59,749 $4,702 amount required by the Revenue to adjust tax provisions Act of 1942—V. 156, p, 1871. to • Superior Oil Co. (Calif.)—Amends Registrationcompany has filed an amendment to its registration statement with Securities and Exchange Commission in which it places a number said He added, however, that the directors were ■ Cr2,034 income 'Includes the 454 Cr21,391 - 9,275 construct. to Balance of .. deductions int. & Dividends applic. dividend $32,705 mtge. bonds on chgd. Net on • on the common stock, payable Feb. 1 to holders of record Dec. 30. Quarterly di^ributions of like amount were made from Oct, 2, 1939, to and including Jan. 2, 1942; none since. In addition the company paid an extra dividend of 10 cents per share on Jan. 2, 1941. the per number shares of paid 'Federal 103,385,317; 86,795,572 recalculation credit tax gross of Dec. public a Stroock & Co., Inc.—$2.50 Dividend— $2 1940, Common Dividend— directors , $411,06? per Operating 1942—9 Mos.—1941 $0.1538 preferred cumulative Bonds ;, . Superior Water, Light & Power Co.- -Earnings— 14,824,714 months prior v . covers Period End. Oct. 31— $0.1372 at D. payable with 156, : : 2,169;855 post-war estimated 18. \.y.y: ■ 31,944,095 'Including $308,285 resulting from applicable to the first two quarters. tThe the on Dec. yy' .v.'-y ■.,y.:'y ;yy- Ltd.—Registers vy.-:, , will be-used for dividend A : Act used reported for previous periods.—V. as $ sh._ com. declared on taxes Revenue 35,170,712 '1,959,837 Consolidated net income In 1941 -y those than retire¬ profits excess provided 1942—3 Mos,-^1941 _______ the and 234,000 (S.) discount from yy ; ,; . $1,083,638 bond, resulting $ of & Paper Co.- -Earnings— Sept. 30—- Sept. 30— -u holders of record to made y-y-./'f? Mines, 196,389 $1,598,551 tNet (computed 1940, . total tax $0.35 computed at 10% 156, p. 1157. 'On ^ Standard Brands, Inc.—Earnings— sales has 23 income 'Earnings 591,975 i87L?y:yy;: y:;;yyyyv, Net 10, 1939 2,024,050 estimated such been share per Dec. were -y ■ offered Russell Net $4,022,030 2,049,542 . $1,492,699 provision July on y ■ to be to 'After $4,171,566 profits income .taxes has and last, 1871. Steel Products Engineering Co.—Earnings— 7 , 540,152 Aug. each 30, Similar .dis- Corp.—$1.50 Dividend— $1.50 payable Iron .9 Months Ended 22. 1941 excess on Nov, p. .. . the common on 22. Dec. working capital. Total bonds 1942 The for compared Dec. 2,084,968 profit $After stock. Note—Reserve come and 1941 $282,315 share y com¬ $5,621,340 $9,538,064 —— and and 156, 7 ''yy The- voting trustees, with offices at merce Building, Toronto, are Donald > payment of 7" yy7yn, 7- a y7 ' 1942 : taxes of cents declared record its retail stores for the four weeks 2,595,473 Depreciation 50 of holders 1941.—v. no- par, Rock proceeds and Staley Mfg. Co. (& Subs.)—Earnings— 9 Mos. End. Gross of 1942 $188,468 •— stock * 7..y'7.:;V the on record y'y'y ■ Reported— Expenses net Sept. 30— profit tEarnings the 2141.y Co.—50-Cent Dividend— Nov. on 29, 1422. debentures 28, (A. E.) enacted Corp.—Earnings— 9 Months Ended 'Net of 1942, 8.68% above those for the same four weeks of 1941, and for the 52 weeks ended Nov. 28, 1942, 16.87% ahead of the .:V corresponding period of 1941.—V. 156, p. 1782. yyv-"" in Sonotone the 1942, for $1,000 face amount of debentures and shares of stock will be supplied by amendment. The capital stock is to be deposited under a voting trust '-y'vyV'' declared to Oct. y corporation reports sales in ended been has 29 Dec. since payment made, share per payable par, first was Period End. $2, payable Dec. 24 to holders of total of $1.20 per share for the par in 12, kvvh, Co,—To Sell Subs.— Flagstaff Electric Light Co.—V. 156, Increased Sales The Skilsaw, Inc.—Extra Distribution— stock, /: company has asked the approval of the Commis¬ interests in its Arizona subsidiaries, Arizona ElCc- its and Service (And Domestic Subsidiaries) common computed 966.- p. Spencer Shoe Corp.—Resumes Dividend— p. directors have declared an extra dividend of 20 cents per share the regular quarterly dividend of 25 cents per share on the companies 168,496,000 share has "been per to dividend of y agreement. The price order of the Securities and Exchange Commission an 1942, 8, sale trie Power the The with - $512,677 been 156, made stock, Steep and Southwestern Public Note—The last. operating for the week ended Dec. 9 filed two registration statements with the Commission. The first registration statement $2,250,000 5l/2%' sinking fund deben■ : v';.y".; ■/ ;:i>yy. y : The second registration statement is for voting trust certificates for 562,500 shares of capital stock without par value. : ' y V Company, with offices at 25 King St. West, Toronto. Canada, owns property comprising approximately 7,000 acres in the Steep Rock Lake area, near Atikokan, Ont., Canada, containing large bodies of high-grade iron ore,7 The property includes all of Steep Rock Lake, under which the known ore bodies lie. 7 .:';7: ..."■yJ. Otis & Co., Cleveland, O,, is principal underwriter for the bonds. In the underwriting agreemenj. Otis & Co, agreed to purchase, and the company has agreed to sell the $2,250,000 debentures covered by the registration statement and 562,500 shares of the company's capital stocky The rate to be paid by the underwriter for each 286,485 $468,392 1942.—V. 29 vtNo.'2-5070, Form A-1) lures, 'due Dec. 1, 1957. $799,161 deductions 'Includes four regular quarterly payments of $1.50 each made during 1941, the company last year paid extras of $1 each on Sept. 30 and Dec. 24.—V. 156, p. 1060. and ' -The Net 1156. p. 10. Dec. Sept. 1 $798;881 (net) income Gross 23,085 $177,312 income—. oper. & tax_< inc. profits ■ taxes__ excess Int. taxes. profits (est.) Net adj. of bond disct., exps. & inc. taxes, etc. share and the usual quarterly divi¬ declared on the capital stock, both been holders to March on profits— exc. 'Fed. Singer Manufacturing Co.—Extra Distribution— dividend of $1.50 per -1941 1942—12 Mos 363,524 ment extra Earnings—' 1942—3 Mos.—1941 370,473 & expense An Light & Power Co. 94,921 $4.99 $4.31 stock.—V.' 156, common ; The company on Dec. Securities and Exchange 1941 ' 3,787,715 254,794,269 171,595,644 90,321 inc. $894,999 ' . . April 15, July 15 and Oct. 15, last. Payments" during 1941 were as follows; April 15, July 15 and Oct. 15, 50 cents each, and Dec. 22, a year-end of $1.60. 'Net 1941 . $773,994 . ; 179,381 shares of 1942 1941 5,754,507 1,708,693 a 9 Months Ended Sept. 30— income 1942 .L. cents ■y v.t.c. With SEC— -Jan. 1 to Dec. 5— End. Dec. 5- 50 Dec. year-end y —V. 156, p. 7 - y subject to any excess profits 1 y 7< :■ ;, increase of 5,7%.—V. 156, p. an Spring p. Special Dividend— Signal Oil & Gas Co.—Earnings— year, Dec. were Distributions 1942 has been 1958. tax 156, $3 200,435 Federal 'On the of profits due.—V, 1,926,739 cap.-,, special dividend of 5 cents per payable Dec. 28, and the usual quarterly dividend of 15 cents per share, payable Jan. 2, both to stockholders of record Dec. 17. A special distribution of 10 cents per share was made on Dec. 23, last year.—V. 156, p. 1781. 'Earnings be $3,488,979 share, Net basis the on excess will 399,039 113,220 . provision has been made for excess profits taxes.—V. 156, directors The tax 424,443 1942—9 Mos—1941 $767,822 $402,782 3,256 $0.15 1870. y made Federal of and 29 common months nine $732,905 sion 'After depreciation, etc. tOn 1,150,000 outstanding shares of 'ital stock in 1942 and 1,200,000 shares in 1941,;.v. V;/;,--- Shawmut been for for the $797,689 mon Net profit tEarnings per 170,064 revenues- 156, p. W. F. Schrafft & Sons Corp. of Boston) (Incl. utility compared as State Street Investment $242,952 2140. p. oper. To Period Ended Sept. 30— 'Profit before taxes..— . 170,064 and surtax tax such no -y;.':':..7\;'7 156, dated Note—No have , (Frank G.) Shattuck Co. (& Subs.)—Earnings— 40%. Co.—Weekly Output- public kwh., Steel payable Sept. Ry.—Earnings- Southwestern war required for excess profits tax.—V. provision was C?T5,321 8.592 7,701. : normal provision estimated earnings —V. 1781. Federal stock— 1942, No is Period— Gross Net profit for the 12 months ended after 10,419 ________ -5 Days $571,496 $0.48 - $0.43 , the of & Electric. Co.; system 178.140,000 tributions < 33,849 ; • stock, - Net $534,285 per output dividend A • A 30, it as Other ''Earnings 33,849 Cr643 expense.'— hv.'. $304,634 preferred Act, 200,000 —. not of ' Dredging Co.—Special Dividend— Standard 189,998 1942 $2,705,957 net > 11.015 and Operating expenses Taxes, other than Fed. Expenses Net discount Period End. Sept. 30— Sharp & Dohme, Inc.—Earnings— provision debt $686,393 405.901 405,804 _____ deductions on made 156, p. 965. Quarter Ended Sept. 30— Federal $762,360 bonds ineome Total Charges, " of Revenue entire point of income taxes.',—V, Gross 2,361 'Provisions for Federal j! amount of dividends paid by the will be non-taxable to shareholders from the stand¬ expected company on y $684,032 200 mortgage Southern cash distributions and stock divi¬ the dates paid, and also includ¬ well as dividend and interest income taken "It <134,800 $762,160 charged to construction Dividends dividend, total payments to shareholders since formed in 1933 will amount to $8.21 on the $2.50 shares, including both at liquidating values value dends is $0.83 rate 7 " was 333.234 133,295 income taxes.. revenues_____,.r__;__.__.__; December company par 309,514 __ State interest. - Miscellaneous -■ the it states period'.—V. 156, p'. 1061. 1942 the cial 300,000 Interest and company.',' "With 1st on Amortization share, per payable Dec. 29 to stockholders of record Dec. 19. This compares with 15 Cents paid on June 30, last, 28 cents on Dec. 29, 1941, and 15 cents on June 30,, 1941. The corporation in Its statement released in connection with the declaration of the taxes) income Gross Interest Other Inc.—26-Cent Shares, 1941 $265,440 Spring Co.—Special Offering—A speoffering of 5,000 shares of common stock (par $5) made on the New York Curb Exchange Dec. 16 by Singer, Deane & Scribner,. Pittsburgh, at $23%, with 50 cents commission.—V, 156, p. 1871. ; 136,953 * 282,856 income—;t_________\ income—interest Other Interest Selected 1942 , Quarter Ended Sept. 30—1942 taxes • Standard Steel 853,518 193,915 than income (other 1,— $244,094 $2,442,537 895,592 repairs 'Provision for Federal and of ' •' - share____L_____:i.——$0.53 corresponding week last 1941 - $2,577,333 Operation Taxes the Standard Gas totaled 1942 ' Appropriation for retirement reserve-__'_:_~_'___ Inc.—Earnings— for Electric and V Sept. 30— common Standard Gas & Electric $26,730 $4,407 revenues Maintenance light to holders of record March y _____ per Standard Colorado Power Co.—Earnings- Southern the •/;, A special, dividend of 10 cents per share has been declared on) the common stock, payable Dec, 23 to holders of record Dec. 21.7 A lijte $261,690 ••> amount was paid on, June 1,. last, and on Sept, 2 and Dec. 1,-1940. —v. 155, p. 1846. 234,960 7;yy' 7.77,. ,<-y..y■; 7 ^y-. ■ 2140. p. in year share On the preferred per 122,103 17, 965. p. Seeman Brothers, p. $119,145 __ & depr, 15 .. „ . Note—The corporation ... * ' stock.—V. , 138,093 coming 'After provision for Federal income taxes at 'tOn the 216,604 shares of common stock; / " y ' '• 1942 $107,673 $0.69 share common per 170,356 58,774 the in business. 1942—2 Mos.—1941 $547,193 67,941 earnings profit taxes 84,939 matter payable March 1061. 9 Months Ended y $270,473 ordered was 156, p. tEarnings Co., Ltd.—Earnings— 85.917 the facing the Standard Cap & Seal Corp.—Earnings— 12,394,821 16,630,312 1942—Month—1941 — Net Corp.—Earnings— Sept. 30— shares v. $1,315,240 $12,144,779 $12,638,842 987,825 9,556,749 9,664,603 $273,003 _ expenses Surplus _ 1,246,064 $1,263,039 Canada Power earnings Interest, —V. Seaboard Commercial consider then regular quarterly dividend of $1.12 V2 47,745.116 55,384,522 $2,561,304 $28,775,091 $25,033,663 2,013,967 — income Period Ended Nov. 30— Gross 614. p. $3,277,006 1,010,446 Southern Taxes share has been declared on the common Dec. 28 to holders of record Dec. 21. on Aug. 20, last, compared with $1 on per payable disbursed was 1942; 16, cents 50 value, par no like A 5,180,211 1958. p. Operating Scullin Steel Co.—50-Cent Common Dividend— ,5,828,060 revs., operating —V. per shares rev. income Net $13,300,961, $73.49 would The 'Net Net assets, at market value, at the close of business on Dec. 10 or $77.29 per share, as compared to $11,859,117, or Total net were operating Operating share per quarter, payable Dec. the is Dec. on oper. expenses 1942—10 Mos.—1941 $7,768,133 $84,451,137 $73,045,390 26,618 291,524 266,611 $9,137,510 32,444 revenues Uncollectible and the additional products contributed by the subsidiary which we acquired Sept. 22, 1941." Scudder, Stevens & Clark Fund, Inc.—Div.—Assets.— The but conditions 1958. p. Monday, December 21, 1942 Telegraph Co.—Earnings— 1942—Month—1941 Period Ended Oct. 31— products our Marinette Paper Co., —V. Southern Bell Telephone & affected by these factors, but taxes earnings have been "Naturally, represent a major contribution to the war effort and we are proud of the fact that, except for taxes, our consolidated net earnings would have shown an increase. This results from the very substantial gain FINANCIAL CHRONICLE the of shares of the tentative filed Dec. 5, capital stock to be offered at 27,000 35,000 shares covered in figure of 1942. - (par $251 against the original statement ' . . ■ > shares The ~ 3,000 two Vice-Presidents, New York, being will sions tiled be 9 Months Ended 6After • and provision the 1942 law. charges cased taxes V. -r—. — shaie_-. common per on r— . of $5 per on the 7% able Dec. pen shore to 1941 $78,903 $0.93 class Net * profit U-..:..--,.:!— Earnings Note—•Federal 30, tember — share common per 1, each :—■' for taxes income 156, 't dividend A thi3 1941 y, $1..6o9,446- , — 156, p.-1782... "After-charges.—V. • V 412,583 Period Ended Sept. pro.it per tfcarnmgs "After v sh. com. ended months nine September ' (942 and $30,989 in 1941. Provision (2) Federal for rate of 45'/-as called the final Texas Co. • 9 Months Ended 2 Sept. 30— of ■«-' 2- . of Net $3.63 $2.43 1942. income of the war.—V,-156, tingencies due to Service Public Texas 12 Mos. Ended Operating months 1158. p. Co. - - income per declared $100, on and cents the on 22. Dec. 70 This common compares' 20, Dec. on share::..__._ taxes •Utility Other 90,781 92,372 — both S. excess 9.087- 7,542 income—met estimated to 1941 which income Gross $541,505 for "Net $520,021 97,345 —_ 119,163 accruals.— reserve 156, deemed are income Gross Interest Other ' $444,160 of corporation when they military income charges.-: 16.255 as adjourned will consider 14,259 — income a and 16 $2.92 of extra an Jan. was 15 Lines l'/f. will 28. share per has preferred Dec. amount accrued for months twelve the ended. Sept. 30, would 1942 holders States second of & 107 of gain a miles, over November as miles those flown over 685,338,000 number a for gain a of airliners the to ... 1941 1942—3 Mos, $2,518,259 $2,682,910 Period End. Sept. 30— Net sales Cost srIos ol" Depreciation ; Operating profit Other Sundry $235,712 this on of one 1938. Dec. issue. $3 21. share per last The Other revenues Other 126,166 $519,771 39,311 > $258,447 $354,703 Net 30,684 ..... 27, 1940.—V. : 44,176 • 38,917 etc._: Net profit 149,439 : stk. taxes, cap. $64,831 Dividends on conv, 30— f Surplus Earns, • • per .... 102,514 J. com; Nil "Defecit. 300,993 $146,920 Net 307,543 income "Earnings "On and excess profits have accumulations 2 Jan. share V. to paid 151, holders $160,623 $0.74 Nil a ehgd. share common per shares 299,566 of Dec. 2i. 1942, and $2.50 2, of $2 This per no compares share on f . dividend 18. Dec. compared of par 40 $25, payment, of 20 with 25 cents on A cents per payable cents Aug. i0, 1942. The previous distribution Aug. 16, 1937.—V. 156, p. 1614. Tobacco & Allied dividend of $3.70 A stock, payable only, payment per share Dec. was 10, was $9,900,454 195,000 195,000 1,500,000 2,079,055 375,000 375,000 1,500,000 471,645 —— 7,514 485,105 2,079,345 " 14,888 160,968 made 1942, been has 28 holders on Nov. and 12 V2 cents 15 $8,560,099 $6,008,545 V—■?«.Earnings of Company Only (natural gas) $1,801,518 expenses^--- rev. 1,486,862 been declared 10, share on Dec. 28 to holders of record Dec. 22. this year, and also compares with $1.85 $1,555,035 $10,880,070 1.339,912 7,575,473 "4.353 taxes taxes $9,579,546 6,952,610 26,366 "769,167 410.668 166,205 175,271- retire, 1942—12 Mos.—1941 ' 743,862 676,168 reserve 'I- Net 106,000 106,600 653,500 $29,032 Other last, income <net) - f$84,048 $1,138,088 1,454,062 9,386,348 6,711,792 $1,370,014 $10,524,416 501,525 2,006,100 $7,595,893 656,000 , 1,861,246 $884,100 ■ income $1,890,278 ——— debentures- on & notes 501,525 loans^ 2,006,100 428,183 428,183 1,698,771 1,708,771 interest 9,856 9,486 105,171 145,202 Other deductions 2,202 2,303 12,839 9,483 $948,512 $428,515 $6,701,535 $3,726,336 on made on "Entries were tax accruals of is on p. ended the Dec. to October, estimated the 156, Dec. .12, kwh., 1942, adjust Federal income required under the Revenue 2142. p. output for the U. G. 11,776.299 to 1942, amounts Gas Improvement electric V. 967. in recorded fLoss.—V. 1942. United The common This Torrington Co.—40-Cent Dividend.— A dividend stock, amounted to Co.—Weekly Output— I. system companies for 132,184,450 kwh„ an the of 40 cents per share has been declared on the common provision made was for 1247. (& Subs.)—Earnings— 1942 1941 $3,878,148 ——; $5,045,658 $2,90 depletion, Federal tOn 1,196,373 shares of income and $3.88 profits excess stock.—V. 156, common p. 1872, States & International Securities Corp.—To Account of Arrearages of Dividends— on dividend of $1.25 the on 28 to $5 share per Oct. on 1942. 27, amount to has been declared account on of cumulative first preferred stock, no par value, of record Dec, 22. A distribution of $2.50 holders share was made on this issue per With $5 per share, the on Nov. current 28, last, dividend, compared with $1.25 payments this compared with $3.75 in 1941,—V. year 156, p. will 1784. United States Playing Card Co. (& Subs.)—Earnings— 9 Months Ended profit tEamings "After Sept. 30— common 1942 depreciation share and 1941 $561,631 ' -——— — per $938,312 $1.46 — Federal and Canadian income $2.43 and excess tOn 385,603 shares of capital stock. Note—Company states that provision for U. S. and Canadian income and profits excess taxes for the first nine months of 1942 has been conformity with 1942 tax legislation but no credit has in computed for post-war tax refund.—V. been taken 156, p. 1159. burgh District- p. or 9.8% over the • A corresponding corporation's subsidiaries are now engaged in the greatest of plant expansion in history in the Pittsburgh District. The program, when completed, will cost $289,000,000, 62% of Which is for the account ox' the U. S. Government. U. S. Steel is also "The Pittsburgh engaged in tricts.."1 v:' period increase last stock, and both of substantial plant expansion programs in other dis¬ I:: . " is bettered. Carnegie-Illinois anticipate that its total production products in (he year 1942 will be 750,000 tons higher 1941, and that its output of steel ingots this year will be more than 750,000 tons higher than last year. "In the month of November, eight new all-time monthly production records were established, three new blast furnace' marks being set "Officials blast of in than of furnace the year steel one the producing shop and four rolling mill units also sharing honors. "As of year.— very expected that all of these Pittsburgh projects, which include vast expansions at Homestead, Duquesnc and Edgar Thomson Works of Carnegie-Illinois Steel Corp., will go into operation during the first half of 1943. The first unit of this program was brought in recently when a new electric furnace at Duquesne Works began adding its tonnage of high grade alloy, steels to the war effort. "Carnegie-Illinois Steel Corp., since Pearl Harbor has established 187 all-time monthly production records, 60 in its blast furnaces, 34 in the steel producing departments, and 93 on roiling mill units. "On five occasions since Dec. 7, 1941, this U. S. Steel subsidiary has broken its over-all monthly blast furnace record for iron produc¬ tion and in each of four months its previous record for steel production "It mats, a result of Carnegie-Illinois' pioneering of steel airplane landing millions of square feet of this material have been produced by steel fabricating concerns. In addition, many more millions various Products Co.—Year-End year-end dividend of $1.25 per share common stock, occasion of the first meeting of the board of directors of the on the corporation to be held in Pittsburgh, Irving S. Olds, Chairman of the Board, on Dec. 10 issued the following statement: and week 2142. 156, United Milk payable Jan. 2 to holders of record-Dec. 21. A similar distribu¬ made on Oct. 1, last, compared with 50 cents on July 1, 1942, approximately $2,387,000, of this company's certain share common depreciation, United of tion was of no Sept. 30—. ——— per "After was Net-income- as Feb. on the paid revenues-J; oper,;i Other on $2.13 program 1942—3 Mos.—1941 ; record of cents per $1,092,315 to min. appropriations • declared to of Crl3,69H 173,289 Other - ; 156, p. loss 131,552 Cr34,374 Cr59 on 1941, and $1 each on June 12 and Oct. 15, 1941.—V. 156, 29, $12,461,038 $1,712,156 Act has $9,670,872 $5,835,256 Oper. Stocks, Inc.—$3.70 Dividend— share $1,997,109 $12,088,224 187,407 Gross stock, profit taxes, etc.: 4,389,538 48,750 , taxes,—V. United States Gypsum Co. 11,592,751 $8,372,692 Int. year-end 4,650,452 12,541,284 61,911 Federal v account par, payable, with $3.50 per Jan. 2, 1941.— income a 2,830,392 "6,485,334 $2,016,058 constr... to Operating N.; Y.f Olean, p.'3903. common 1942—12 Mos.—1941 3,092,247 48,750 debentures. applic, Interest A and A —$2,615,006 Period End, Oct.-31— (John R.) Thompson Co.—Year-End Dividend— 1 the 1942, companies, payable Dec. $l,03(r,404 — ; $1.08 share per stock, in October, include United States Steel Corp.—Record Expansion in Pitts¬ •: preferred sale, 229,582 bds._ Nil v—, stock. common steamship in accumulations 372,814 . $638,425 .• $2,595,075 Balance Portion $158,885 - .. . dividend the; $3.50 record of Jan. on declared on < . $1,016,745 381,231 . not including Account 1,154,123 . 297,719 compared and Balance——-—$1,661,976 $108,615 • operations of Olean * Glass'Co.;' Inc.;- of the above figures.—V. 156, p. 1158. directors The last, interests—50,180 Thayers, Ltd.—$2 Accumulated Dividend— ' share per 18,949 trust on Property of Income 2,840 95,035 330,954 taxes—. docs based 308,508 > in included to $1,415,250 4,360 $174,697 faxes, cents 15 1939 36,680,719 88,243 profit Federal 19,931 Other.' deductions $467,393 102,632 coll. on Int. •-197,016'? 104,539 -v. Note—The are 14, $38,095,969 37,219,745 ^ Pay $1.25 2j913,79 1 (net):: Other "interest 104,825 111,170 $211,247 - "$37,683 share. Oct. on Jan. 1941 1942 $38,660,047 taxes; tEamings 75 to stock 1511. p. — profits taxes, pre¬ stock—— ferred made was 1,215,481 income Interest $769,234' $559,082 Federal & State income, • profits of 156, 23 accumula¬ (& Subs.)—Earnings— — 9 Months Ended dividend a Dec. preferred 1941 $164,681 excess 783,544 & depl. Gross income Int. loss charges, int. exp., etc. and "652,104 oper.; revenues:. Other above $1,440,302 Federal 1158. 1942—3 Mos.—1941 reserve\appropriations 5.368,885 Jan. the dividend second — etc. interests (& Subs.)—Earnings- —— retire. was of as payable all up the on deductions Other • -Earnings— 1159. p. taxes Property to 4 issue making value, par clear payment Dec. on no will Profit . $738,550 V $345,033 ■ 2047. p. quarter from United Gas Corp. taxes before accum¬ Jam this dividend of $63 per share on the $6 a stock, This Note—Statement stock, payable Jan. 15 to holders of record distribution each 1942.—V. 156, of payable on Arrearages share, per account on $100, payment 748. United States Freight Co. "Net 146,467 9,670 ■ p. declared 14 period End. Oct. 31— $6,233,601 497,865) 42,721 22,636 —_ income profit and Total ,. -all-)- • income share Federal 1942—9 Mos.—1941 2,130,505 48,735 —— similar per 5.762,880) 173,138) admin. & sell. exp. Gen., A $1 31. 1128. p. of Operating revenues——$12,415,284 $11,851,080 $55,936,348 $47,773,817 Opeiv rev.- deductions:5,038,833 4,824,057 20,171,054 19,290,264 . $6,926,983 2,225,324 \ ~ 156, Consolidated (& Subs.)—Earnings— Thatcher Mfg. Co. 24. Dec. govern¬ 1942 the no par value common July 15, approximately $70,750 (1941—$14,250) greater than the amount shown for such period.—V. 156, P- 871. V. ... ,7- : above . 156, Federal income Dec. Dec. V 155, per common record Foreign Securities Corp.—Clears Up 9 Months Ended Sept. passenger revenue — on cents the on of 15, last.—V. par 1, $29.75 p. preferred record Expenses, passenger-mail- for Sept. 30— been have amount declared last Oct. 011 to 149, been stock, The Depreciation United's pound operations.—V. •with 6ess profits taxes for the years 1941 and 1942,.-Because of non-recur¬ ring losses incurred from the sale of properties in 1941, the company did not incur any Federal income tax liability for that year. Had there not been such losses, the amount of Federal normal income and surtax dividend, of 25 holders to paid on Jan. $7 per share record $1.75 1943, 1, of the on of distributions.—V. $2.05 2287. p. ago. — directors for the Pittston Guaranty Co.—Extra Div.— & declared payable like amount dividend was military Air year 22,287,900 for present law, etc.—V. The $201,812 $243,118 I——— scheduled with merger United States Foil Co.—Accrued Dividend— A 275,344 United Fruit Co.—75-Cent Dividend.— "Company does not consider that it.has any liability for Federal ex- meeting a a quarterly dividend of like both $2, of Dec. on usual the par ulations ♦Net on Net profit the 184,787 bonds on the report states. majority stock of the United States Distributing a holding company for several coal concerns.— States Fidelity directors An extra the 22, serves and stock, $213,218 $400,859 184,787 ————— payable, 1959. p. United The share tions Corp.—Sharp Gains— United figures, express After "depreciation, on $0.30 - holds the and Corp. V. to cumulative $2,232,488 mail 9 Months Ended Retirement $85,091 $0.01 profits taxes 1159. Dec. Co., $303,834 155, United Chemicals, Inc. (& Subs.) 7 ' $14,332 stock. common Distributing Corp,—Merger Meeting Adjourned 16 488,562 — civilian by with'the same/ month large part to the turning ment $510,934. $533,964 income— operating 37,067 share common resulting from the Other 12,842 23^741 5,145 The directors recently declared pound miles, 1,427,962,000 for an increase of 109 7'. United pointed out that these traffic gains were made in spite of decline of 31% in revenue airplane miles flown, a decline attributable in 9 277 taxes ___ p. Dec. 900,000 stock.—V. common in 1941; a 4,915 $159,541 1940. Corp.—Earnings— reported are totaled 83,630 154,626 Dividend Arrearages— of gains November, 55,873 18,262 $54,421 Stockholders pay¬ paid was U. of account par amount declared record . common the-month 976,936 1, Subs.)—Earnings- — per Note—No on stock, A'like share has been per Air Lines Transport 1327'), and 43,500 last Oct. Aug. 23, '42 Aug. 30, '41 $758,971 $1,323,139 240,000 shares of 156, The on 25|677 United in $1,718,158 16, 36,159 income profit "On . shares traffic . 946,893 taxes— Net 16. made deductions "Earnings one to holders of Dec. 20, 1941, 29 in . _- "Federal been preferred 20. —— 104,000 United 1941 1942 J" $1,670,392 Dec. were income Federal stock A record issues Depreciation 156, p. 1615. —-i.:' According Maintenance Total Other Co.—Special Offering.—A special offering paid on X Substantial 53,664 Operation the on 2 21, 1158. p. compared Sept. 30— ___ has cumulative taxes express Earnings— uvenues dates Jan. on of these income Gross after a charge are *■ • • dividend profit "On which has been set aside as a reserve for con¬ $8,000,000 make share per the-7% Aug. cents "Earnings , , Note—Earnings for this year's first nine paid was holders on expenses 1941 •1942 for depreciation, depletion, amortization and after Federal income and excess profits/taxes under the Fed¬ Act amount a 9 Months Ended Sept. 30— 1942 Net sales.::-.'—J:,.-— —————--——: $3,735,273 Profit before taxes-__^—1,203,834 charges eral Revenue 1942, —„— share—. common to holdeis of record Dec. Union Wire Rope $26,458,117 $40,063,434 per order in $3.50 on payable Dec. 75 Income, ' • like From 19. last, the first since July 15, 1937, when $7 was Arrearages as at Sept; 30, 1942, amounted to $50.75 per 156, p. 1871. . V-V. .156, upon ■ ij.oik providing tor to * Dec. 19. dividend of .50 cents A with . ' "After based periodsMs 1942 2, after share on the per paid on Dec. 26,515 stock, (Excluding'European Subsidiaries) - Earnings .*•; in ' , the (<& Subs.)—Earnings— * "Net $77,755 to $1 record of t'} 50-Cent Dividend— in the bill adopted by the House before 156, p.k 349. / for into, law.—V, enactment . in taxes amounted 1942 30. holders was 1159. p. sales holders income and. excess profits taxes for Provision for Federal Notes—Hi to . profits and excess 2 dividend of a 6%, with 35 cents commission. Bids were received shares and allotments were on a basis of 45.3%. There were 123 purchases through 32 firms, with the largest allotment amounting to 2,110 shares and the smallest to 10 shares. V , and charges 156, Other Class A Dividend— declared 16 amount Quarter Ended— Net * of like United Paperboard Co. (<& on said were Co. at 1942—9 Mos.—1941 $97,035 $79,057 $0.43 $0.35 provision for Federal income +On 226,000 shares of capital stock. \ taxes. the ' — is Twin Coach - 1942—3 Mos.—1941 $35,383 $34,249 $0.16 $0.15 36— - 1158. payable Jan. 2 to quarterly distributions 1942.—V. , $1.98 TelAutograph Corp.—Earnings— ! 1 to on share :~AV. for "Net p. 1942 both regular $3.50 of each $2.50 1, Oct. year-end distribution pay¬ of 12,000 shares of common stock (par $1) was made on ; the New York Stock Exchange Dec. 14 by Reynolds & 418,025 $1.67 ;• • issue disbursed.- $829,446 $689,554 profit '. _L', —l number, of common snares—-:-: Earnings per common shares—: — Net Outstanding «.■ 31 830,000 Federal at of A year, as against one of 75 cents on Dec. 16, 1940. The directors also declared the regular quarterly dividend of 50 cents per share on the common stock and of $1.25 per share on the preferred City Rapid Transit Co.-r-Accumulated Dividend able Dec. Sept. 30— ' *. 1942 taxes—i---2-^:—;•!—2_——$1,719,554 taxes, ' 1—21,030,000 PcioVe and against as 16. last —V. Sylvania Industrial Corp.—Earnings— "Froiic distribution A as $100, par Dec. stock, account on stock, announced that payment of the A dividends Feb. of Twin ' State Corp.—$i record Dec. company accumulations 9 Months Ended 14. last, conform with those for the preferred stock.—V; ' , per declared also declared, the usual quarterly dividend of $1.75 per 7% cumulative preferred stock, par $100, payable Jan. 2 the on instead Sep¬ ended 1510. Dec. 30, Arrearages share.—V. 156, and including Nov. to 1941, The $1.41; period p. been preferred directors holders of to 837,759 $1.02 ■ the nine' months $1,416,110.—V. amounted to 1942 each- quarter. share 636,225 . record Sept. payable,Jan. stock, A Feb. shares. 514,368 common "On In ■ 1942 1941 $21,626,283 $14,752,540 — has 1942. Tubize Chatillon , Sept. 30— •*-- $38.25 to of on June -9, The directors on Dec. Sylvania Electric Products Inc.—Earnings—/ sams 1942. 2231 Profit • 9 Months Ended Net made was amount share cumulative holdefvS to 21 and 30 The ' 2, share"were made,— 1062. dividend A for Federal income and excess profits tOn 85,000 shares, of capital sa>ck.— 1062. 156, p. Jan, per • March 1942, $85,232 $1.00 Sept. 30— pio.it tEamings I, 1942, and 50 cents on 1941; distributions of 40 cents accumulations Inc.—Earnings— Sweets Co. of America, '"Net A sell¬ 156, p, 2141. amendment.—V. by April on 156,. p. ,Towne Securities Corp.—$5 Preferred Dividend— • . underwriting discounts and commis¬ Offering price to the public and » ■ , be formed later. may group - . is the principal underwriter. Read & Co., Dillon, ing V. and Howard. B. Keck, 3,000 shaves. All three of the officials, of the company, the first being President, and the arc other cents -quarter during follows: as Shares, sellers r 40 offered are. outstanding and are being .sold, to the, W.. M. Keek, 21,000 shares-; W. M. Keck- Jv., be to underwriters THE COMMERCIAL & FINANCIAL CHRONICLE Number 4135 Volume 156 no on par the $3 value, cumulative payable was tract Dividend— recently declared and Dec. 19 participating to square holders pn "At the preferred of record to method of spinning bombs developed by that company is used, bombs are flowing from the production line ten times than before Pearl Harbor. tionary being faster feet of these steel landing mat flying fields are under con¬ produced. Christy Park plant of National Tube Co. where a revolu¬ be the THE COMMERCIAL & FINANCIAL CHRONICLE 2232 "Army program, of financing,proposed, the company states, affords the only practicable means presently available to Utah Power for obtaining"" these'necessary funds. : ' •'■> It is also pointed, put that the proposed financing will effect sub¬ stantial interest savings and on or before maturity of first mortgage bonds .proposed to be issued will result in ,retirement of approxi¬ The projectiles were completed Supply Company, q, United for 1,000,000 anti-aircraft orders 62 days, ahead of schedule by the Oil Well States Steel subsidiary, ■ > ' addition, the Lorain Works of the National Tube Co. produced the 24-inch pipe for the 550-mile oil pipe line between LongTexas, and Norrts City, 111.* in only four months. Like every pound of U. S, Steel' production today, this pipe was produced for "In all of view, the "The Pearl Utah plant Ambridge American Bridge Co. in the year best production record since 1930. of established Harbor its ■structural for skyscrapers fabricating of steel and bridges largely Period End. Oct. 31— to expenses Federal ■ Other first the three keels laid. were \ , ■ taxes taxes 136,500 99,309 1,244,679 150 1,800 Other income $387,673 $4,643,326 Int. on Int. on 795 255 ;:i—$293,506 $387,928 $4,531,673 189,028 25,000 2,247,626 300,000 14,648 189,926 180,459 :, mortgage bonds deben. Other int. 183,137, bonds._ and 25,000 deducts, 15,044 - 4,930 Int. charged on constr. tonnage equal 1940, which $70,325 $159,252 $1,794,121 1,704,761 sales (& Subs.)—Earnings— ',v'' Sept. 26, '42 Sept. 27, , -.-I,-. ■' —.—— profit, ♦After Federal 202,777: "■ depreciation, interest and income Notes: $7,161,559 (1) taxes The in -V. 156. loss a $202,852 ♦After all charges and provision for Federal taxes tOn 409,954 shares of capital stock outstanding. Oct. 10,'42 il'- share...... common per • $295,223 •" ; 120,670; " 3 Mos. (The) Victor-American Fuel Co.^~Resignation— S. MacWhinney United States Truck income resigned has 1942 ♦Earnings per 1941 $478,256 share common ■ ♦On 550,000 shares of common stock.—V. 156, —V. Corp.—Earnings- Year Ended Sept. 30— sales ♦Net 1942 _— fEarnings ■' 2.143, p. ;; 7; NU The fNet loss, JOn 101,478 class ■ Period Ended Sept. 30— before ' , .. .. .■ Dec. on stock, common Ward Baking: 1941 $6,061,632 4,971,000 paid 14 par $20, ♦After 7V7 rities. $1,077,869 $2.18 $2.15 ♦Net profit Net profit ♦Earnings ! • per share common .♦On 500,000 shares of capital stock. j / 1942, profit fEarnings per share has been declared on the common fltpcV payable Dec. 29 to holders of with 40 25 cents cents on paid March 30, tr° 29, Dec. on $1.10.—V. record Dec, 19. This compares last, 30 cents on June 30, 1942, and Payments during 1941 were as follows: 3°. 25 cehts; Sept. 30, 45 cents; 156, p. 1159.. and Dec. is Authority For Transfer directors 28 made Offering Of $44,000,000 50 $3.11 Nil ; tLoss. transfer be filed as of assets preliminary,.to $44,000,000 soon-as and states practicable. a registration statement will / v The transactions involve primarily transfer by Utah Light & Traction Go. and Western Colorado; Power Co. to Utah Power & Light, In consideration of such transfer it is contemplated Utah Power will assume all liabilities of the traction company and Western Colorado and will forgive their indebtedness and cancel all of their capital stock and these companies will then be dissolved. -.p; ^ „ ,The program also provides for the issuance and sale by Utah Power of first mortgage bonds series, due 1973, and $7,000 000 of general mortgage bonds, due 1958, such latter bonds'to bear interest at to be fixed by bids so as to net 100 to the company when of $37,000,000 bonds such be ^ fixed are sold. Interest rate first mortgage on later. bonds also new securities are to be applied to redeem 30-year first, mortgage. 5% gold bonds,, due 1944, $28,367,000 face amount were outstanding on Oct. 31, Utah Power's first lien and general mortgage gold Dec. on on the to holders $7 10 reduced profit —; Outstanding shares of common stock Earnings per common share depreciation of - will A distribution of 50 last, the first since Oct. 2, cents three cases tne accrued interest upmi as the case may be. In Willys-Overland Motors, Inc.—New Vice-President— was Before including Dec. 31, 1942, exchange these for an equal principal amount of pledged Cuban bonds of 1955 and 1977, respectively, up to $1,000,000 exclusive of any Cuban bonds of 1955 and 1977 which may have been delivered or ax*e deliverable pursuant to provisions of 1, Utah Power gives as reasons to this traction Utah company and the Colorado these subsidiaries as separate Power to cease to be a that- from' provided proposed properties company corporate to and Utah made. It entities is also transac* assets Power will public utility holding company substantial overall savings to be Utah Power's own 30-year first enable be the of will cause and will pointed out mortgage bonds and firrt lien general mortgage bonds will mature on Feb, l, 1944 while the 30-year first and refunding mortgage bonds of the traction company ^.guaranteed as to principal and interest bv Utah pow** will mnnre . 1, 1944, and funds are required to meet these maturities Co.* and an the aggregate First National Bank principal, amount of meeting of the directors, B. H. Henderson, formerly Assistant Treasurer, was elected Vice-President. George E. Ham and Perry B. Howard, formerly officials of Warren Brothers Roads Co., the New England operating subsidiary, were elected Assistant Treasurers. Under the exchange offer extended to them, Warren Brothers Co. old bondholders took $2,500,000 par value of Cuban bonds held in Warren Brothers Co. treasury. The amount of new collateral trust 4(28 of 1956 of Warren Brothers Co. to be outstanding w-ili be $2,870,300, and also there will be an equivalent amount of collateral trust 5?c income bonds, due 1977, making total debt $5,740,600, or somewhat less than total debt of the old company, exclusive of a accrued Motor- Car Co. General Motors, joining : 1 , V Hopkinson was Vice-President Mr. Mich.—V. 156, p. 2144. Wisconsin Investment Co.; Milwaukee—6-Cent Div.— oh Dec. 3, have declared a dividend payable Dec, 30 to stockholders of record with five cents per share paid on July 1, last, six cents on Dec. 29, 1941, five cents on July 1, 1941, and ten cents each on Dec. 16, 1940 and on Dec. 15, 1939. : The directors, it was announced of interest.' six Dec. cents 16. per This share, compares Ordinary Corporation Status—New Director Retains —Net Asset Value— board The of elected directors to have dividend of will permit income class A stock its ; a, the company to make its. 1942 dividends free from Federal to its stockholders. / 1 Carney, Milwaukee; has.been elected a director, to Till taxes Joseph M. vacancy. The . company reported . • ; net asset value as of Dec. 1 of $2.10 per share, in contrast to $1.71 on June 30, 1942 and. $1.77 on Dec. 31. 1941. This represents an increase! of 18.6% in asset value since the beginning of 1942.—V. 156, p. 1872, (Alan) Wood Steel Co. (& Subs.)—Earningsperiod Ended Sept. 30— 1942—9 Mos.—1941 $519,044 $791,214 $7.23 $11.02 ton 71,824 share© (par'SlOO) of lr/o cumulative preferred stock.—V. 156, p. 1160. ♦Net profit - 1942—3 Mos.—1941 $130,191 $259,153 . fEarnings per pfd. sh._ $1.81 $3.61 ♦After depreciation, depletion and Federal taxes, V(Wm.) Wrigley Jr. Co.—Declares Bi-Monthly DiVsi— Th^ directors on Dec, 9 declared a monthly dividend of 25 cents share, payable Jan. 2, and two bi-monthly dividends of 50 cents each, payable March 1 and May 1, to stockholders of record on the 19/20th day of each preceding month. The two bi-monthly dividends, the company states, are in the interest of the war effort to eliminate unnecessary detail, expense and manpower. Regular monthly distribu¬ tions of 25 cents, per share were made during 1942.—V, 156, p. 2144, per (Rudolph) Wurlitzer Co.—Earnings— ♦Net $1.35 per share has been declared on the class A stock, payable Dec, 29 to holders of record Dec. 23, insofar as shares of retain company - $1.35 Class A Dividend— A the ordinary corporation status instead of becoming a "regulated" invest^ ment company. This, in the opinion of the management and counsel, 6 Months Ended Sept. 30— and cn; Oct, 1941,. between Warren Brothers At 5 t,ionithe, fact that the Pr°P°sed transfer of the eliminate will purpose consummate 2 of the plan. other vote provided that the limitation on the sale of Cuban by the trustee for 1942 imposed^by the indenture dated Aug. of Boston, trustee, be fixed at $1,000,000 instead of $500,000. . case amounts required for corporate funds of Utah Power. Article The bonds issued additional Cadillac of the Acme Motor Truck Co. of Cadillac, and to pay principal, premium and principal and interest to maturity , , with the 1939 when vided is or \ 1941 $183,132 470,568: $0.39 Appointment of F. L. Hopklnson as a Vice-President was announced Dec. 14 by Joseph W. Frazer, President, ' Mr. Hopkinson has been associated for 17 years with General Motors Corp., serving both in its overseas and domestic divisions. In their foreign service he was associated with the manufacturing and! assembly division, while from 1931 to 1934 he served in this country was the the proceeds from the sale of the new securities proposed to by Utah Power are not sufficient to effect the foregoing pay¬ ments of principal, premium* and accrued interest with respect to presently outstanding bonds of Utah Power and Utah Light & Traction be ; proposal redemption . ,441,681 $0.28 : depreciation, depletion and dry hole costs, tlncludes provision of $81,700 for contingencies. Note—No excess profits tax is considered necessary.—V. 156, p. 1160. a year-end dividend of $1.20 preferred stock, par $50, payable 21. The directors at their meeting on Dec. 10 passed two votes affecting Cuban Government bonds held in the treasury. One vote pro¬ that, holders of series A and B bonds may at any time up to Utah which , all In 1942 i f$126,753 ♦After Federal Income taxes, interest, declared cumulative of record Dec. this issue on Oct. 29, also paid.:, on cents 1942 provision for Federal taxes 156, p, 2144. w"' 1942 Revenue Act.-^-V. ♦Net Warren Bros. Co.—Action Affects Holdings of Cuban vBorids—' 1942; to redeem bonds, series 4 Vis due 1944, of which $4,068,000 were outstanding at Oct. 31, 1942* and to redeem Utah Light & Traction Co.'s 30-year first and refunding mort¬ gage gold bonds* series A 5%, of which $11,849,000 were outstanding at Oct. 31, 1942, these bonds having; been guaranteed as to principal and interest by Utah Power. - shares 346,742 9 Months Ended Sept. 30— \ ■; Proceeds of sale of $550,679 $1.11 $350,223 $0.53 interest and Federal income and excess profits* in 1942 and 346,313 shares in 1941 of common in no way Dec. 11, asks authority public offering of bond issues that 1942—9 Mos.—1941 . Wilcox Oil & Gas Co.—Earnings— fOn 255,808 announcing the current dividend action, Faris R. Russell, Chair¬ of the board, said; "The amount of this ' distribution should be regarded as a precedent for future payments, which, as the stockholders have previously been advised, will depend on future earnings and conditions. In times like the present it is to be expected that amounts which it may be advisable to distribute in dividends will fluctuate from time to time and that until more stabilized operating conditions prevail, no assumption should be made that any payment represents a regular or quarterly amount. "While the net earnings, of the company for the current quarter cannot of course be determined until its close, it is expected that they will comfortably exceed the amount just declared as a year-end dividend on the preferred shares."—V. 156, p. 1336., ' The company, In a declaration filed with SEC aggregating sh. $149,802 $0.27 In ■v.": : com. adjusted to the man ^ (& Subs.)—Earnings— 1942—3 Mos.—1941 $26,340 Nil on share Dec. for $94,565 $0.15 t$54,649 necessary The per ^ Utah Power & Light Co.—Asks Of Assets Preliminary To Public Bonds— ' Is 42 Weeks- $795,253 $1.20 Preferred Dividend— ^ . : $141,799 $0.55 ♦After depreciation and Federal income taxes, shares of $7 cumulative preferred stock. Notes—(1) Reflected in the 1942 figures are 1942 30, 1942. 39,256 $80,662 $0,10 ♦After depreciation, . 7 dividend of 85 cents per $133,821 45,31|{ tExclusive of a loss of $7,755 on the sale of secu¬ of common stock.—V. 156, p. 1160. charges. ♦Net approximately $3,800 for the 15 weeks ended Oct. 17 and to the extent of approximately $98,000 for the year to the same date. ; (2) The provision for Federal normal and surtax has been computed at the aggregate rate of 40^ and amounts to $226,000 for the 15 weeks ended October 17, las?, and to $499,000 for the 42 weeks of 1942, No: provision for excess profits tax for the 42 week period of 85-Cent Dividend— A $125,975 $On 247,500 shares Period Ended Sept. 30— ; .requirements on restated value of assets as approved by stockholders on September 29. 1942 and which improved earnings to the extent of Note—The report states that it is not possible to ascertain what effect, renegotiation procedures under the Tenth Supplemental National Defense Appropriation Act might have upon the income account of the company at Sept. 30, sh. com. 1942—fl Mos.—1941 $27,261 $0.03 (par $1). V,';Note—The company states that the ——15 Weeks $363,486 $1.42 fEarnings per pfd. sh.^ ; t$24,744 $0,02 White Sewing Machine Corp. a to Co.—Earnings— Period End. Oct. 17— v;; $3,307,369 2,229,500 $1,090,632 _________ ^ profit ^Earnings per ; stock 1942 State and Federal income & excess profits taxes taxes.__ Net Co.—Earnings— 1942—3 Mos.—1941 $39,365. $39,026 14,621 11,765 taxes tOn " Sept. 30— Profit after charges 1 ♦Profit dividend of 70 cents per share holders of record Dec. 8. This compares with 30 cents paid on Sept. 21, last, and 20 cents on June 15, 1942. Payments during 1941 were as follows; June 5 and Sept, 22, 30 cents each, and Dec. 20, 60 cents.—V. 155, p. 2192. company the on Universal-Cyclops Steel Corp.—Earnings— 9 Months Ended share was made on Oct. 1, last, compared with $1 each and July 1, 1942, and in each quarter during 1941 and of $1.50 each were also paid on Dec, 23, 1940 and on 27, 1941.—V, 156, p. 2048. '' / per , 1942—11 Mos.™1941 •'"■V , of 75 Extras White Rock Mineral Spring Wailuku Sugar Co.—70-Cent Dividend— $2,916,524 1188,041 share per ♦After taxes, depreciation, interest, etc, shares.—V. 156, p, 1159. / A 320,555 4.—V 159, share and a quarterly dividend 1941 . $4,523,366 $3.15 — profit April Dec. $7,158,777 $88,891,363 $75,919,912 $8,577,185 Sales Universal Cooler cents 1940. Walgreen Co.—November Sales Up 19.8%— 1942—Month—1941 of $l'per dividend extra on year-end Period End. Nov. 30— 25 paid on March 16, June 15, was Wheeling & Lake Erie Ry.—Extra Distribution— An Federal p. 1159. of stock,?' payable cents per share have been declared on the common stock, both payable Dec. 28 to holders of record Dec, 22. A quarterly distribution of: dividend of 20 cents per share has been declared on the common stock, payable Dec. 30 to holders of record Dec. 22. Distributions of 10 cents each were made on July 1 and Oct. 1, last, as against 20 cents on April 1, 1942. Payments during 1941 were as follows; April 1, July 1 and Oct. 1, 30 cents each, and Dec. 31, 40 cents.—V. 156, p. 1063. \ \y; ..U,; $1,015,508 $1.85 $0.87 . Dividend— as and refunding mortgage 6% 75 ■*'. . Co.—irear-End . Wagner Baking Corp.—Year-End Dividend— Lines, Inc.—Earnings— Sept. 30— — r.y \ cents per shard'''has been declared on Dec. 28 to holders of record Dec, 19. Sept. 15 and Dec. 15, last. Payments during 1941 were as follows: March 15, June 13 and Sept. 12, 25 cents each, and Dec. 12, $1,—V. 156, p. 1616. , 9 Months Ended ; v.." dividend year-end common like amount A after A per 31 to holders of record Dec. 156, p, 1064. A the successor trustee for an sinking fund gold bonds due Feb. 1, 1940, it was announced on Dec. 15.—V. 154, p. 1306. Everett cents Westinghouse Air Brake 9 Mos. ...... issue of first 75 payable Dec, 50 cents each were made on June 30 profit '■<:/-, $37,448 $138,953 fEarnings per preferred share.—: : $1.76 $6.53 ♦After charges and Federal income and excess profits taxes, ton 21,260 shares (par $100) of 7% preferred stock.—V. 156, p. 1160, report of share has "been declared on the common 23, Distributions of and Oct. 10, last, compared with 25 cents on March 31. 1942. Payments during 1941 were as follows; March 31, June 30 and Sept, 30, 25 cents each, and Dec. 31, 50 cents. stock, ♦Net , Net for 1942 include $243,409 of non-recurring profits equipment to the government.—V. 156, p. 1160. (& Subs.)—Earnings— Period Ended Sept. 30,1942— deducting the losses allowable for income tax purposes (approximately $196,000 in 1942 and $169,000 in 1941) re¬ ferred to in the above paragraph. Without the benefit of such deduc¬ tions the provision for Federal and State income taxes would have? been increased by approximately $83,000 in 1942 and $40,700 in 1941.— V. 156, p, 1159, ■ Net dividend A $2.48 —V. Vadsco Sales Corp. '41 $0.04 $254,081). (1942 Western Pipe & Steel Co.—75-Cent Dividend— Oct. 11/42 $650,622 $2.71 ; on income 1941 $16,662 , — charges and provision of an 80% reserve for Federal income and excess profits taxes. ■ ■■ ■: tOn the 240,000 shares of common stock.—V. 156, p. 1784. of which $199,288 was charged to earned surplus taxable Inc.—Earnings— Sept. 30— ' . \"u ' ' . • 1942 profit —$502,835 fEarnings per common share—— $1.22 ♦After states that the net profit is stated before disposal of land and buildings in 1942 of $415,488 (deficit) and $216,200 was charged to capital surplus, by a subsidiary, and in 1941 of $301,397 of which $211,905 was charged to earned surplus (deficit) and $89,492 charged to capital surplus by a subsidiary, and other minor charges, (2) The provision for Federal and State income taxes is based upon deducting $13.47 Note—Earnings profit fEarnings $5,385,781 ■ $69,053 $16.96 provision has been made, nor is believed to be required for profits tax.—V. 156, p. 1160. Co.—Earnings— 40 Weeks Ended— ♦Net \ •. 54,000 of 7% shs. Western Air Lines, 1872. p. Van Norman Machine Tool provision of $5,307 for State and a 1942. .1941 $698,916 629,863 635,873 ♦Net $1,907,613 1,704,761 $89,360 applic, to pfd. stks. for the period—,— Balance . United States Stores Corp. and Note—No yCr8,146 income—— Divs. of 39 Weeks Ended— 1942 $775,462 share 5,047 on from the sale of a each on March 20 9 Months Ended Net to the output for the entire year of 1941 in turn had been the best years for coal production since 1929. The 1942 output is expected to exceed that of the booni year of 1929."—V. 156, p. 2143. / ♦Net preferred share a excess ■ ."The H. also the common A similar, 15 cents eaeh 1942, net profit was $67,087, or pfd. stock, compared, With a re¬ vised net profit of $63,409, or $12.36 a share in September quarter of preceding year. ■".' $13.29 $4,648,256 2,268,330 300,000 (net) income Gross C. Prick Coke Co. and affiliated coal mining subsidiaries of S. Steel in the first ten months of 1942 produced 25,000,000 tons coal, 19. $85,589 profit Earnings per localities. of Dec. Net 1,050 $4,524,132 7,541 revs oper. : TJ. record compared with For the quarter ended September 30, Net ■ "In building the yard and its facilities some 3,500 tons of steel, enough to build two modern Navy destroyers, were conserved by re-use of dismantled, inoperative U. S. Steel structures acquired from other Net Dec. 29 to holders of made on June 16, last, was Common Dividend- cents per' share ;has been, declared on 13 and Oct. 25, 1941, and 10 cents 1941.—V. 155, p. 2192. 10, reorganization after 156, p. 2144,; Sept. 30— profit ^ Expense, depreciation, interest, etc.! Federal income tax—. ^ 1,166,782 150 , of Webster Eisenlohr, Inc.—Earnings- $292,711 investments plan Gross reserve --a thd 9 Months Ended , limited-term of Amort, , and Sept, on 1942—12 Mos.—1941 $1,301,831 $16,551,938 $14,946,048 : 571,004 7,112,733 6,428,045 107,133 1,991,997 1,023,109 136,562 1,676,597 1,683,736 231,270 103,139 ^ —, Property retire, appropriation , time $1,475,617 711,847 revenues—- Operating production of highly specialized products, such as ships, parts for gun mounts, range finders, Shells, tanks, cranes, electric furnaces and machine tools. •. " ' ■ "Directing its activities 100 % to the ; war effort, this Ambridge plant turned out 22 new and complete Heroult electric furnaces with a rated yearly capacity" of some- 720,000 tohs Of critical alloy steels" for diversified war uses, an all-time record for this particular activity. "Outstanding, among the accomplishments of American Bridge Co., has been the construction of a fully equipped and completely inte¬ grated shipyard for the U. S. Navy on a 64-acre; river; front site adjoining the Ambridge plant. This yard, operated by American Bridge Co„ is now producing the Navy's latest type landing' ships for tanks and it is expected that the first unit will be launched' within a very short time. Altogether there are eight ships in pro¬ gressive stages of construction at the new Ambridge yard. "Geared perhaps to the speediest construction schedule of any newly built inland waterway shipyard, this $8,500,000 facility was. completed in eigth months and parts of the yard were actually put into operation 4 Ms months following the start of the project, at which payable distribution (Company and Subs.) 1942—Month—1941 v Operating the . stock, under Co.—25-Cent" Went worth Mfg. June Statement Consolidated Income issued be stockholders of record at time of. issue;—V. to A dividend of 25 • , Power This to shares that date Bond & Share Co. systems.- since accomplished despite the conversion of its activities from standard •was of case of indebtedness proposed, to be created. ; is a part of Electric Power & Light Corp. and Electric mately 46% effort, war Monday, December 21, 1942 shall have been issued on that date and in the profit ♦After depreciation, fOn 409,573 interest, Federal and 1941 1942 - $146,424 $0,25 state income :——, •fEarnings per common share shares of common stock.—V. 156, p. 1424, $532,196 $1.19 taxes, etc, ,